Wednesday, December 25, 2019
Essay on Analysis of Anne Bradstreets To My Dear and...
Analysis of Anne Bradstreets To My Dear and Loving Husband Anne Bradstreets poem, To My Dear and Loving Husband, shows her profound love and undying affection for her husband. For a Puritan woman who is supposed to be reserved, Bradstreet makes it her obligation to enlighten her husband of her devotion. She conveys this message through her figurative language and declarative tone by using imagery, repetition, and paradoxes. Over and over again she expresses her adoration for him with imagery. I prize thy love more than whole mines of gold, Or all the riches that the east doth hold. My love is such that rivers can not quench,... (5-7). Bradstreet is declaring there is nothing as powerful as the love she shares with her husbandâ⬠¦show more contentâ⬠¦Thy love is such I can no way repay,... is another example of imagery (9). Symbolizing how great her love is for her husband, she is expresses there is no way to purchase or pay for true love. Repetition is another literary element that Bradstreet utilized in the first three lines of the poem. If ever two were one, then surely we. If ever man were loved by wife, then thee; If ever wife was happy in a man,... (1-3). Bradstreet gives their relationship as an example to others and tells the reader that if ever a couple was the most devoted to each other, it would be her and her husband. By using anaphora, she attempts to prove that the depths of her feelings are beyond compare to anyone elses. Spiritually, Bradstreet and her husband complete each others lives so that in marriage they are one. Physically, no two people can be united as one. We see the togetherness Anne and her husband share as she says, If ever two were one, then surely we, (1). This is an example of a paradox. That when we live no more, we may live ever. in my opinion, is the strongest statement in the poem. She insists through this paradox that their love is eternal and that after they die they shall continue loving one another. However, it is impossible to be dead yet still living. In conclusion, it is left to the opinion whether Anne Bradstreet reflects the Puritan lifestyle or not because this poem focuses on a longing for herShow MoreRelatedAn Analysis of Anne Bradstreets Poem, To My Dear and Loving Husband611 Words à |à 3 PagesThe poem ââ¬Å"To my Dear and Loving Husbandâ⬠by Anne Bradstreet, is not just an exceedingly felt expression of a wifeââ¬â¢s marital love and commitment to her husband, as it is about a puritan women who is supposed to be reserved but she makes it her obligation to enlighten her husband of her devotion. A thorough analysis of the poemââ¬â¢s paradox, hyperbole, imagery and repetition reveals how she conveys her message. The opening lines of the poem show how strong her feelings are for her husband. BradstreetRead More Analysis of To My Dear and Loving Husband by Anne Bradstreet752 Words à |à 4 PagesAnalysis of To My Dear and Loving Husband by Anne Bradstreet Anne Bradstreet, the author of ââ¬Å"To My Dear and Loving Husbandâ⬠was a Puritan. This had great influence on the meaning and theme of her poem. This poem was actually not published until almost 40 years after she died. She lived in a harsh religious world where it was looked down upon for women to be courageous and smart. She lived a life that where she was unspoken and obedient to because of her religious belief. She had many concernsRead MoreLiterary Analysis Of Anne Bradstreet s The Prologue Essay2567 Words à |à 11 Pagesââ¬Å"who says my hand a needle better fitsâ⬠: A Literary Analysis Reading of Anne Bradstreetââ¬â¢s ââ¬Å" The Prologue Does gender explain the importance of a poet? Gender is just the state of being male or female. When it comes to gender no gender is superior than the other. Some individuals would imagine a poet becoming important by them excelling intellectually, being able to write about the things one could relate to, and sometimes being that voice for those who cannot be heard. Anne Bradstreet, an earlyRead MoreIn Memory Of Anne Bradstreet Analysis1777 Words à |à 8 Pages Bradstreet 1. The voice of Anne Bradstreet is likely to appear in those poems whose titles refer to her immediate family, ââ¬Å"To My Dear and Loving Husbandâ⬠, ââ¬Å"In Reference to Her Children, 23 June 1659â⬠, ââ¬Å"In Memory of Mt Dear Grandchild Elizabeth Bradstreet, Who Deceased August , 665, Being a Year and a Half Oldâ⬠, and ââ¬Å"To My Dear Childrenâ⬠. The other readings reflect the voice of the Mistress Bradstreet. In poems that reflect the voice of Anne, Bradstreet was full of emotion, and as a mother she
Tuesday, December 17, 2019
2.2 Seurat And Cerebral Art - 1499 Words
2.2 Seurat and cerebral art. ââ¬Å"3 Standard Stoppagesâ⬠and artistic experimentation The technological advancement at the beginning of the XIX century posed a great threat to traditional forms of art and philosophy, which were becoming outdated in the new economic, social, and political environment. Particularly, the invention of photography had reduced traditional painting as an obsolete culture of the past. Artists no longer held the monopoly over the creation of the visual testimony of their time. Until industrialisation, artists were invested with the social responsibility of recording and transmitting their contemporary culture to future generations. Photography was now the preferred medium for documentation, having resolved ââ¬â or soâ⬠¦show more contentâ⬠¦The result, according to Duchamp, was a production of ââ¬Å"retinal paintingsâ⬠, exercises in aesthetic that mistakenly attributed intellectual value to skillful technique. Despite his background as a cubist painter, Duchamp always identified Seurat, not Cezanne, as the ââ¬Å"greatest scientific spirit of the nineteenth centuryâ⬠. ââ¬Å"The only man from the past whom I really respected was Seurat, who made his big paintings like a carpenter, like and artisan. He didnââ¬â¢t let his hand interfere with his mind.â⬠Common to both artists was the equal contempt for the ââ¬Å"handâ⬠, but also the intentional and conscious separation between the hand, the eye, and the mind. Divisionism, like Impressionism, aimed to mechanize the art making process by turning the artist into a receptive machine that could transfer the impressions of the outside world onto the canvas. Divisionism took this process one step further, by transferring the site of penetration of outside reality from the artistââ¬â¢s retina to the artistââ¬â¢s brain, which would render colors and shapes to the minimum instance of pure color dots. The experience of Impressionist paintings, was purely retinal: the spectator function was one of passive aesthetic contemplation. Divisionism painting on the other hand, were not so instantly consumed. They would form in the viewerââ¬â¢s mind through a process of synthesis on his retina and through reflexive movement of his mind. The participation was no longer passive and the view er
Monday, December 9, 2019
Education Global Citizenship for Students
Question: Discuss about theEducationfor Global Citizenship for Students. Answer: Introduction: Global citizenship is a lifestyle that identifies the world we live in as a progressively intricate network of connections and interdependences where a single individuals choices will eventually cause ramifications for other individuals living in the same locality, same nation or globally (Banks, 2004). This concept helps individuals adopt a patriotic lifestyle where they are able to reflect deeply and critically on what is equitable and just for all and on how to minimize harm to our planet. Teaching this concept to university students increases their beliefs, and impacts them with skills for evaluating their ethics and impacts of their judgments. For the students to be effective global citizens, the designers of the concept should put emphasis on making students flexible, imaginative and positive. This will help them make decisions, solve problems, think critically, communicate effectively and perform efficiently within teams and groups. The skills are impacted in the students usin g active learning methods via which students learn by doing and by working in partnership with others (Banks, 2004). Global citizenship according Isin (2013), is grouped as; political global citizenship, moral global citizenship, economic global citizenship, cultural global citizenship, social global citizenship, critical global citizenship, environmental global citizenship and spiritual global citizenship. As a result, it is the responsibility of both the university as an institution and the students to develop the concept of global citizenship. Due to the interconnected and interdependent nature of the world we live in, the world is not a vacuum; rather it is part of our day to day lifestyle as we are linked to others all over the universe hence the need for the entire society; both students and the university as an institution to develop the concept of global citizenship Isin (2013). References Banks, J. A. (2004, December). Teaching for social justice, diversity, and citizenship in a global world. In The educational forum (Vol. 68, No. 4, pp. 296-305). Taylor Francis Group. Isin, E. F. (2013). Democracy, citizenship and the global city. Routledge.
Sunday, December 1, 2019
Proc Report Secreates Essay Example
Proc Report Secreates Essay PharmaSUG 2012 Paper TF20-SAS PROC REPORT Unwrapped: Exploring the Secrets behind One of the Most Popular Procedures in Base SASà ® Software Allison McMahill Booth, SAS Institute Inc. , Cary, NC, USA ABSTRACT Have you ever wondered why a numeric variable is referenced in different forms within a COMPUTE block? Do you know the difference between a DATA step variable and a variable that is listed in the COLUMN statement? Then, this paper is for you! Welcome to PROC REPORT Unwrapped. We are looking at PROC REPORT and uncovering some of the behind-the-scenes details about this classic procedure. We will explore the components associated with PROC REPORT and discover ways to move column headings and change default attributes with styles and CALL DEFINE statements. We will also dig deep into example code and explore the new ability to use multilabel formatting for creating subgroup combinations. So for anyone who has ever written PROC REPORT code, stay tuned. Its PROC REPORT Unwrapped! INTRODUCTION Which popular SAS procedure has features of the PRINT, MEANS, and TABULATE procedures and features of the DATA step in a single report-writing tool? It enables you to create a variety of reports including a detail report, which contains a row of data for every input data set observation, or a summary report, which consolidates data so that each row represents multiple input data set observations. Here is another hint: this same procedure provides the ability to create both default and customized summaries, add text and statistics, and create columns of data that do not exist in the input data set. If you guessed PROC REPORT, you are correct! We will write a custom essay sample on Proc Report Secreates specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Proc Report Secreates specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Proc Report Secreates specifically for you FOR ONLY $16.38 $13.9/page Hire Writer For anyone who has written PROC REPORT code and has wondered what is going on behind the scenes, this is the paper for you. This paper explores some of the behind-the-scenes secrets of PROC REPORT. We will dig deep into example code as we begin to uncover some of the details of this classic report-writing procedure. As a bonus, you will discover some facts about the REPORT procedure that you might not have known. By the way, the code output in this paper is based on the SASà ® 9. 3 default output destination of HTML. Although most of the paper ontent can also be applied to the LISTING destination, the code that is shown in this paper is intended to be used in an Output Delivery System (ODS) destination, unless otherwise indicated. With that being saidâ⬠¦are you ready to explore? Welcome to PROC REPORT Unwrapped! EXPLORING THE SECRETS (HOW ITââ¬â¢S MADE) PROC REPORT first began life as a procedure many years ago in SASà ® 6. Since then, it has been gaining popularity as the t ool of choice for report writing. Even with such popularity, there are still aspects of the REPORT procedure that can be further explored. In this segment, we will unwrap and explore some of the secrets behind this most popular procedure with a focus on the following components: ? referencing a numeric variable in a COMPUTE block ? exploring the difference between an input data set variable and a DATA step variable ? discovering ways to move column headings ? changing default attributes with styles ? using the CALL DEFINE statement ? exploring the new ability in SAS 9. 3 to use multilabel formatting for creating subgroup combinations Letââ¬â¢s start exploring the secrets! REFERENCING A NUMERIC VARIABLE IN A COMPUTE BLOCK All numeric variables are referenced the same way, right? Well, that depends on how the numeric variable is defined in the PROC REPORT DEFINE statement. Before we can explore more about the how a numeric variable is defined, we first need to understand some PROC REPORT basics. Then we will explore the many ways a numeric variable 1 PROC REPORT Unwrapped: Exploring the Secrets behind One of the Most Popular Procedures in Base SASà ® Software, continued can be defined in the DEFINE statement and how that definition determines the manner in which the variable is referenced in a COMPUTE block. In the PROC REPORT statement, the input data set is listed using the option DATA= . If the DATA= option is not specified, PROC REPORT will use the last data set that was created in the current SAS session. The input data set contains variables and observations. The variables are categorized as either character or numericââ¬â that is it, character or numeric. PROC REPORT does not use all of the variables from the input data set. Only the input data set variables that are listed in the COLUMN statement or in the BY statement are used. All of the report items, including the variables from the input data set that are listed in the COLUMN statement can be used in a COMPUTE block. Each report item in the COLUMN statement has an associated DEFINE statement. If a DEFINE statement for the report item is not supplied, PROC REPORT will create a default DEFINE statement behind the scenes. If a COLUMN statement is not specified, PROC REPORT will create a COLUMN statement behind the scenes. The COLUMN statement will contain only the variables from the input data set in the order of the data set. DEFINE statements can be supplied without a supplied COLUMN statement. The minimum statements that are needed to run PROC REPORT are a PROC REPORT statement with an input data set and a RUN statement. Behind the scenes, PROC REPORT will create all the necessary minimum default statements. To see the default statements, add the LIST option in the PROC REPORT statement. The LIST option will produce the basic code, including all of the DEFINE statements, in the SAS log. The NOWD option enables the report to run in the non-windowing mode. Here is an example of PROC REPORT code with the LIST option: proc report data=sashelp. class nowd list; run; The SAS log is shown in Output 1. Output 1. SAS Log Output By default, the DEFINE statement for a numeric input data set variable that is listed in the COLUMN statement will be associated with the SUM statistic. An alias for the SUM statistic is ANALYSIS. The SUM statistic is the most common statistic that is used in PROC REPORT code. The SUM statistic can be replaced with any valid PROC REPORT statistic such as MIN or MEAN. At BREAK and RBREAK rows, the numeric input data set variable with an associated statistic will consolidate automatically based on the associated statistic. When a numeric input data set variable with an associated statistic is referenced in a COMPUTE block, the form of the variable-name. statistic is used. In a COMPUTE block, if a numeric input data set variable name is used without the corresponding statistic (which is the statistic listed in the DEFINE statement), a note might be written to the SAS log. The following code will produce a note in the SAS log: roc report nowd data=sashelp. class; col age height weight total; define age / group; define heightweight/ mean; define total / computed; compute total; total=height. mean/weight; endcomp; run; 2 PROC REPORT Unwrapped: Exploring the Secrets behind One of the Most Popular Procedures in Base SASà ® Software, continued In the preceding code, the DEFINE statement for the WEIGHT variable lists MEAN as the statistic. The calculation in the COMPUTE TOTAL block for the TOTAL COMPUTED variable shows the WEIGHT variable without the statistic of MEAN. PROC REPORT requires this statistic and does not recognize the WEIGHT variable. A note, such as the following, is produced in the SAS log: NOTE: Variable weight is uninitialized. PROC REPORT allows duplication of report items in the COLUMN statement. This duplicated report item becomes an alias. When an alias of the numeric input data set variable is referenced in a COMPUTE block, the alias name is used without the associated statistic. Behind the scenes, any duplication of the same variable or statistic in the COLUMN statement will be associated with an alias name. If an alias name is not specified, PROC REPORT will create one. To see the assigned alias name, add the LIST option to the PROC REPORT statement and review the SAS log for the code. Using the preceding code in this section, the HEIGHT variable is duplicated in the COLUMN statement as follows: col age height height weight total; The resulting SAS log is shown in Output 2. Output 2. SAS Log Output Showing an Alias Name of _A1 Assigned behind the Scenes When the numeric input data set variable with an associated statistic is associated with an across variable, the column number, in the form of Cn_, is used in a COMPUTE block. In the form of _Cn_, n is the column number. The position of the columns shown in the output report is based on the left-to-right placement of the report-items in the COLUMN statement. For example, if a numeric variable with an associated statistic is placed as the first column under the ACROSS grouping but it is the second column in the output report, _C2_ is the correct value to use in a COMPUTE block. Behind the scenes, all columns are considered to have a column number even if the column is not printed in the final output report. Here is an example COLUMN statement: col sex age, (weight height); In this column statement, the first value of the WEIGHT variable is in the second column in the report. AGE is an across variable and is not counted as a column. The first column of the WEIGHT variable is associated with the first value of AGE and is referenced in a COMPUTE block as _C2_. The next column of the WEIGHT variable that is associated with the second value of AGE is referenced in a COMPUTE block as _C4_. Each unique value of the across variable becomes a header. Under each ACROSS header are the columns of variables that are associated with each unique across variable value. Each variable associated with an across variable becomes a column under the unique variable value. The number of unique values of an across variable controls the number of columns that are created for a variable associated with the across variable from the COLUMN statement. Behind the scenes, PROC REPORT has to know the specific column placement of a variable that is referenced in a COMPUTE block. The _Cn_ is used instead of the variable-name. statistic, the alias name, or the variable name. PROC REPORT Unwrapped: Exploring the Secrets behind One of the Most Popular Procedures in Base SASà ® Software, continued The following example code shows this concept: proc report nowd data=sashelp. class list; col age sex, (weight height total); define age / group; define sex / across; define heightweight/ sum format=8. 2; define total / computed format=8. 2; compute total; _c4_=_c 2_/_c3_; _c7_=_c5_/_c6_; endcomp; run; The COMPUTE TOTAL block shows two assignment statements. Each assignment corresponds to a column of WEIGHT, HEIGHT, and TOTAL for each unique value of the across variable SEX. The resulting output is shown in Output 3. Output 3. Output Using _Cn_ in the COMPUTE TOTAL Calculations A numeric input data set variable can also be defined as DISPLAY, GROUP, ORDER, or COMPUTED. Because there is no statistic associated with these definitions, the numeric input data set variable name is used in a COMPUTE block. Regardless of the definition, the numeric report-item can still be used in any computation. However, for GROUP or ORDER definitions, behind the scenes the values are evaluated from the printed output report instead of the input data. This means that if the ORDER or GROUP defined variable for a particular row and column shows as a blank on the printed output report, a blank is the value that will be used for any computation or evaluation. The following code shows three different methods for assigning the value of the ORDER variable AGE to a COMPUTED variable. proc report nowd data=sashelp. class; col age newage1 newage2 newage3; define age / order; define newage1 / computed; define newage2 / computed; define newage3 / computed; /* method 1 */ compute newage1; newage1=age*1. 5; endcomp; /* method 2 */ ompute newage2; if age ne . then hold_age=age; newage2=hold_age*1. 5; endcomp; /* method 3 */ compute before age; before_age=age; endcomp; compute newage3; newage3=before_age*1. 5; endcomp; run; 4 PROC REPORT Unwrapped: Exploring the Secrets behind One of the Most Popular Procedures in Base SASà ® Software, continued In the first method, the value for NEWAGE1 will contain a value only when AGE has a value for the sam e row. In the second method, the value of NEWAGE2 will contain a value for every row because it is obtaining a value from the DATA step variable HOLD_AGE. In the third method, the value of NEWAGE3 will contain a value for every row because it is obtaining a value from the DATA step variable BEFORE_AGE. The DATA step variable is created in the COMPUTE BEFORE AGE block. Behind the scenes, a DATA step variable changes values only through the code instructions. Also, behind the scenes, GROUP and ORDER numeric input data set variables are internally set to a blank in the printed output report at the RBREAK level. A COMPUTE AFTER block with an assignment statement for a numeric GROUP or ORDER variable at the RBREAK level will be ignored. A DISPLAY is always set to a blank at the BREAK and RBREAK levels. If you are routing the report output to an ODS destination, using a COMPUTE block CALL DEFINE statement with the STYLE attribute name and a style option that will accept text, such as PRETEXT=, is a way to override the blank values. A COLUMN STATEMENT VARIABLE VERSUS A DATA STEP VARIABLE PROC REPORT creates a column type of output report based on the variables and statistics listed in the COLUMN statement. Any variable from the input data set that is to be used as a report column or used in a COMPUTE block has to be listed in the COLUMN statement. The placement of the report items, variables, and statistics in the COLUMN statement is very important. PROC REPORT reads and processes the report items from the COLUMN statement in a left-to-right, top-to-bottom direction. Until the report item is processed, it will be initialized to missing for numeric variables and blank for character variables. Once the entire COLUMN statement report-items are processed for a row, PROC REPORT reinitializes all of the report-items back to missing for numeric and blank for character variables. Then PROC REPORT begins the process all over again for the next row of data by processing the report items in the COLUMN statement in a left-to-right direction. Behind the scenes, PROC REPORT consolidates all the input data set variables and statistics listed in the COLUMN statements for the execution of RBREAK BEFORE and BREAK BEFORE statements. For example, the RBREAK, meaning the report break, in the following code is calculated first: proc report nowd data=sashelp. class; col sex age,(height weight); define age / group; define height / min format=8. 2 Height min; efine weight / max format=8. 2 Weight max; rbreak before / summarize; run; The output is shown in Output 4. Output 4. PROC REPORT Output Showing the RBREAK Values COMPUTE blocks are also sensitive to the placement of the variables and statistics in the COLUMN statement. As PROC REPORT processes the report-items in a left-to-right direction, any associated COMPUTE blocks are also processed in the same order. This means th at in a COMPUTE block that is based on a COLUMN statement reportitem, any referenced variable or statistic to the right of the COMPUTE block variable is missing. Simply put, PROC REPORT does not know about any report-item that is to the right of the COMPUTE block variable in the COLUMN statement. A DATA step variable, also referred to as a temporary variable, is different from the COLUMN statement variable. A DATA step variable is created and used in a COMPUTE block. It is not part of the COLUMN statement. The value of the DATA step variable comes directly from the code in a COMPUTE block. DATA step variables are often used in IF statements when there is a comparison of the current row value to that of the value in the DATA step variable. PROC REPORT recomputes a COMPUTED variable value at every row, including at the BREAK and RBREAK rows. Values are not accumulated. An accumulated value can be calculated quickly using a DATA step variable in a 5 PROC REPORT Unwrapped: Exploring the Secrets behind One of the Most Popular Procedures in Base SASà ® Software, continued COMPUTE block because the value changes through the code only. Behind the scenes, DATA step variables used to accumulate values also include values at the BREAK and RBREAK levels. Adding an IF statement to check the value of the _BREAK_ automatic variable will help control when the accumulations takes place. In the following code, the computed variable TOTAL_AGE is the sum of two variables from the COLUMN statement. ACCUM_AGE is the accumulated value of AGE stored in the DATA step variable TEMP_AGE. proc report nowd data=sashelp. class; col age total_age accum_age height weight; define age / group; define height / min format=8. 2 Height min; define weight / max format=8. 2 Weight max; define total_age / computed; define accum_age / computed; compute total_age; if _break_ eq then total_age+age; endcomp; compute accum_age; if _break_ eq then temp_age+age; accum_age=temp_age; endcomp; break after / summarize; run; The output is shown in Output 5. Output 5. Comparison of the TOTAL_AGE Column and the ACCUM_AGE Column Notice the difference between the TOTAL_AGE column and the ACCUM_AGE column in Output 5. The TOTAL_AGE and AGE values are reinitialized for every row so that the values are not accumulated. The ACCUM_AGE and AGE values are reinitialized for every row but the TEMP_AGE value is not. TEMP_AGE is a DATA step variable and is not listed in the COLUMN statement. The result is an accumulated column for ACCUM_AGE. The _BREAK_ automatic variable will be blank for detail rows. A quick way to determine the value of a _BREAK_ variable value is to create an output data set with the OUT= option in the PROC REPORT statement and examine the _BREAK_ values in the output data set. DISCOVERING WAYS TO MOVE COLUMN HEADERS By default, the column heading values come from the label in the DEFINE statement. If you do not specifically specify a label in your code either in the DEFINE statement or through a LABEL statement, add the LIST option to the PROC REPORT statement, submit your code, and look at the code that is created in the SAS log. Behind the scenes, PROC REPORT will generate the default values it needs to create the output report. One of the default values is the label specified in the DEFINE statement. All of the column headings from the label option in the DEFINE statement span over a single column with one exception, variables that are defined as across variables. A column heading for an across variable can span over multiple columns. In the COLUMN statement, a comma after the across variable indicates which variable or group of variables are associated with the across variable. An example of PROC REPORT code containing an across variable is shown below: 6 PROC REPORT Unwrapped: Exploring the Secrets behind One of the Most Popular Procedures in Base SASà ® Software, continued title Default Column Headers; proc report nowd data=sashelp. shoes; column Region Product,Sales; define Region / group format= $25. Region; define Product / across format= $14. Product; define Sales / sum format= DOLLAR12. Total Sales; run; Output 6 shows the PROC REPORT example output. Output 6. Default Column Heading with an Across Label Spanning over Multiple Columns Behind the scenes, each unique value of an across variable is transposed from a column to a row. The row data is not available for any further processing within the code as it now becomes a column heading. In Output 6, each value of Product becomes a column with the Product value as the column heading. Under each Product column heading value is the Sales variable column heading and data for the particular Product value. The heading label Total Sales for every column is redundant. The output report would look better if Total Sales were removed from under the Product column heading and placed above the Product column headings. PROC REPORT provides a way to add column heading information that can span over multiple columns by using a SPANNED HEADER. The SPANNED HEADER is used in the COLUMN statement in this way: column (spanned header text variable-list)â⬠¦; The following example code shows three different methods for using the DEFINE statement and SPANNED HEADERS for creating the column heading: proc report nowd data=sashelp. shoes split=*; olumn region ((1)Total Sales (1)Product (2)Total Sales*(2)Product product, sales); define region / group format= $25. Region; define product / across format= $14. (3)Total Sales (3)Product ; define sales / sum format=DOLLAR12. ; run; You can mix and match the methods. There is no best practice for using each method. The method that you choose depends on the look that you want for the column heading. The output is shown in Output 7. 7 PROC REPORT Unwrapped: Exploring the Secrets behind One of the Most Popular Procedures in Base SASà ® Software, continued Output 7. Moved Column Headings from Different Methods The three different methods are numbered in the example code and the output shown in Output 7: method (1) uses multiple SPANNED HEADER text; method (2) uses SPANNED HEADER text with the PROC REPORT SPLIT= character of * to force the text to continue on the next row; method (3) uses multiple labels in the DEFINE statement (you can also use a split character here). Letââ¬â¢s choose method (1) for the column heading and move the column heading to the top row. You can remove the label from the DEFINE statement by replacing the Region text with a blank ââ¬Å" ââ¬Å" and moving the Region text to a SPANNED HEADER in the COLUMN statement. There are three rows of headers. This means that the text of Region will need to be pushed up to the top row. You can do this by adding blank SPANNED HEADER text after the Region text in the COLUMN statement. Here is the modified PROC REPORT code with method (1) and the column heading text of Region: proc report nowd data=sashelp. shoes split=*; column (Region Region) (Total Sales Product Product , Sales); define Region / group format= $25. ; define Product / across format= $14. ; define Sales / sum format=DOLLAR12. ; run; Output 8 shows the output. Output 8. Moving Column Headings Using Blank SPANNED HEADERS Behind the scenes, when there is a blank header row and the output is routed to an ODS destination, the blank row is removed automatically. This does not affect the LISTING output. If you want to preserve the blank row, change the blank label on one of the DEFINE statements that is not an across variable to some value. Then add a style 8 PROC REPORT Unwrapped: Exploring the Secrets behind One of the Most Popular Procedures in Base SASà ® Software, continued statement for the header, assigning the foreground color to the background color. For example, if your column heading background is purple, then the style statement for the DEFINE statement would look something like this: style(header)=[background=purple foreground=purple] With the background and the foreground assigned to the same color, any text in the label will blend into the background color. CHANGING DEFAULT ATTRIBUTES WITH STYLES Beginning with SAS 9. 3, the default output destination is HTML. Behind the scenes, PROC REPORT is using the HTMLBLUE style. All the output in this paper all uses this default destination. What if you are not fond of the HTMLBLUE style? Then, what do you do if you want to change the default style of your output report? If you want to change the style of HTMLBLUE to another style that is supplied in the Sashelp. Tmplmst template store, you can run the following code to create a list of all the styles that are available: proc template; list styles; run; You can apply the styles by adding an ODS statement with the specified style before the PROC REPORT statement. For example, if you want to use the FESTIVAL style instead of the default HTMLBLUE style, the ODS statement would look similar to this: ods html style=festival; PROC REPORT also provides the ability to change the styles of the different report locations. Here are the style location values and a description for each that indicates which part of the report is affected: ? ? ? ? ? ? REPORTââ¬âthe report as a whole HEADER|HDRââ¬âthe column headings COLUMNââ¬âthe column cells LINESââ¬âthe lines generated by LINE statements SUMMARYââ¬âthe summary rows created from BREAK and RBREAK statements CALLDEFââ¬âthe cells identified by a CALL DEFINE statement All of the style locations are valid in the PROC REPORT statement. These styles apply to the entire location that is specified. The style locations can also be combined if the same attribute is being applied to multiple locations. This is the correct syntax: style= The following code shows how to apply the styles in the PROC REPORT statement: ods html style=festival; title Styles on the PROC REPORT statement; proc report nowd data=sashelp. class(obs=5) split=* style(report)=[outputwidth=7in] style(column)=[background=lavender] style(header)=[foreground=green] style(summary)=[background=purple foreground=white] style(lines)=[background=lime] style(calldef)=[background=yellow foreground=black]; olumn name age sex weight height; define name / display; define age / order; define sex / display; define heightweight / sum; break after age / summarize; rbreak after / summarize; compute before; line this is the beginning; endcomp; 9 PROC REPORT Unwrapped: Exploring the Secrets behind One of the Most Popular Procedures in Base SASà ® Software, continued compute age; if _break_ ne then call define(age,style,style=[pr etext=total]); endcomp; run; The STYLE options in the preceding PROC REPORT statement are formatting the output in this way: ? ? ? style(report) sets the report output width to 7 inches. style(column) sets the background for all of the columns to lavender. style(header) applies a green foreground to all of the headers. style(summary) sets all of the summary rows created from BREAK and RBREAK statements with a ? ? style(lines) sets the line statements to a background of lime. style(calldef) sets the foreground to black and background to yellow for the CALL DEFINE locations. background of purple and a foreground of white. The resulting report output is shown in Output 9. Output 9. Changing Default Styles in the PROC REPORT Statement The DEFINE statement supports two types of styles: STYLE(COLUMN) and STYLE(HEADER). STYLE(COLUMN) applies to the entire column but will not override any styles that are applied to other locations in the column. Using the same code in this section, you can modify the DEFINE statement for the NAME variable that creates the Name column like this: define name / display style(column header)=[background=plum]; The background of the HEADER and COLUMN locations for the NAME variable is set to plum. Because styles were applied already to the SUMMARY location, only the header and detail cells for the NAME column are changed to plum. A CALL DEFINE statement is used to override the SUMMARY style for the NAME column. The CALL DEFINE statement is discussed more in the next section. Output 10 is the resulting report output. Output 10. Changing the Default Styles for the NAME Column Using a DEFINE Statement 10 PROC REPORT Unwrapped: Exploring the Secrets behind One of the Most Popular Procedures in Base SASà ® Software, continued The BREAK and RBREAK statements support style changes for summary lines, customized lines, or both. A summary line is created from the BREAK or RBREAK statements. A customized line is created from a LINE statement within a COMPUTE BEFORE or a COMPUTE AFTER COMPUTE block. The is a break-variable that is defined as either GROUP or ORDER or the _PAGE_ location. A style on the BREAK and RBREAK statements will not override a cell style that is created by a CALL DEFINE statement or the STYLE(CALLDEF) option in the PROC REPORT statement. A CALL DEFINE statement will be used to make the style changes in this case. Using the same code in this section, you can modify the RBREAK statement like this: break after / summarize style=[background=pink foreground=black font_weight=bold]; The COMPUTE BEFORE or a COMPUTE AFTER supports a style option in the COMPUTE statement. A forward slash ââ¬Ë/ââ¬â¢ precedes the style option in the COMPUTE statement. The style option only applies to the LINE statement and will override any previous STYLE(LINES) requests. The style applies to all of the LINE s tatements within the COMPUTE block. Using the code from this section, a COMPUTE AFTER AGE block is added to show a style modification to the foreground of the LINE statement output. ompute after age/ style=[foreground=red]; line this is after age; endcomp; A CALL DEFINE is a statement within a COMPUTE block. To change a style using a CALL DEFINE statement, the STYLE attribute is specified for the attribute-name and the style option is specified as the value. The following is the syntax for a CALL DEFINE statement: call define (column-id | _ROW_ , attribute-name, value); Here is the code with all of the style modifications: ods html style=festival; title Changing Default Attributes with Styles; proc report nowd data=sashelp. lass(obs=5) split=* style(report)=[outputwidth=7in] style(column)=[background=lavender] style(header)=[foreground=green] style(summary)=[background=purple foreground=white] style(lines)=[background=lime] style(calldef)=[background=yellow foreground=black]; colum n name age sex weight height; define name / display style(column header)=[background=plum]; define age / order; define sex / display; define heightweight / sum; break after age / summarize; rbreak after / summarize style=[background=pink foreground=black font_weight=bold]; ompute before; line this is the beginning; endcomp; compute age; if _break_ ne then call define(age,style,style=[pretext=total]); endcomp; compute after age/ style=[foreground=red]; line this is after age; endcomp; run; The updated output is shown in Output 11. 11 PROC REPORT Unwrapped: Exploring the Secrets behind One of the Most Popular Procedures in Base SASà ® Software, continued Output 11. Final Report Output with Changes to Default Attributes Using Style Options You also can change styles by using inline formatting. Inline formatting is a feature of the Output Delivery System that enables you to insert simple formatting text into ODS output by using the ODS ESCAPECHAR statement. For example, here is a TITLE statement and the resulting output: title This is ^{style [color=red font_weight=bold] RED}; This is RED The inline formatting in the TITLE statement changes the text of RED to the color of red. The caret (^) in the TITLE statement is the declared ODS ESCAPECHAR. The ODS ESCAPECHAR statement has to be submitted before any inline formatting will take place. The caret (^) can be any unique character that would not normally be in your code. USING THE CALL DEFINE STATEMENT The previous section discussed using the CALL DEFINE statement as a way to change a style by specifying the STYLE attribute for the attribute-name and the STYLE= op
Tuesday, November 26, 2019
A Character Study of Damon Wildeve -Return of the Native essays
A Character Study of Damon Wildeve -Return of the Native essays The purpose of this essay is to study the character of Damon Wildeve and how the other characters of the novel perceive him. I will begin by examining the authorial view of his character. Considering the techniques used by Hardy to represent his characters passions are an important part of understanding their thought processes. Hardy often relates his characters to their surrounding natural landscape, thereby integrating the backdrop to the story with the participants in it. For example, Wildeves name conjures images of the wild terrain of the heath and this reflects his passionate and impulsive nature. Another technique Hardy employs in constructing an initial image of Wildeve is by using the hearsay of other minor characters. It is through a discussion among the heath-folk that Wildeves name is first introduced to the reader. To give him his due hes a clever learned fellow in his way...An engineer-thats what the man was, as we know; but he threw away his chance...His learning was no use to him at all. This gradual unfolding of information draws the readers attention and we look more closely for those clues that will provide further insight into Wildeves character. As we approach the discussion concerning Wildeves forthcoming marriage to Tamsin Yeobright, we are conscious of the contrasting opinions of the heath folk. The women seen to appreciate Wildeves impetuosity and passionate temperament claiming: A hundred maidens would have had him if hed asked em, however the men seem to affront their opinion stating: Didst ever know a man, neighbour, that no woman at all would marry? Wildeves paradoxical nature is also reinforced by Hardys own words: Altogether he was one in whom no man would have seen anything to admire, and in whom no woman would have seen anything to dislike. Hardy&apos...
Saturday, November 23, 2019
Answers to Questions About Prepositions
Answers to Questions About Prepositions Answers to Questions About Prepositions Answers to Questions About Prepositions By Mark Nichol Here are several questions from DailyWritingTips.com readers about use of prepositions, and my responses. 1. I was always taught, ââ¬Å"Never use a preposition to end a sentence.â⬠For example, ââ¬Å"I want to go withâ⬠should be ââ¬Å"I also want to go,â⬠or ââ¬Å"Use the dustbin to throw the rubbish inâ⬠should be ââ¬Å"Throw the rubbish in the dustbin.â⬠Yet you have done so with the word out in the sentence ââ¬Å"California gave a record $100 million loan to bail schools out.â⬠Is it OK to end sentences with prepositions? The admonition to never end a sentence with a proposition has no valid grammatical basis: For example, ââ¬Å"She was the one he wanted to go out withâ⬠is correct. (Here is one of several DailyWritingTips.com posts on the topic.) Earlier placement of a preposition in a sentence makes the sentence sound more formal, but efforts to consistently do so sometimes result in awkwardly stiff syntax, as in ââ¬Å"She was the one out with which he wanted to go.â⬠(However, ââ¬Å"I want to go withâ⬠is a different matter; as a truncated version of ââ¬Å"I want to go with you,â⬠itââ¬â¢s colloquial and not suited for formal writing.) 2. I am reading a very well-written book, but Iââ¬â¢ve run across an expression that grates: The author wrote at least twice of ââ¬Å"a couple weeksâ⬠or ââ¬Å"a couple treesâ⬠(or whatever), where I have always said ââ¬Å"a couple of.â⬠I canââ¬â¢t figure out which expression is the correct one. Have you covered this, or can you advise me? This post is one of several at DailyWritingTips.com that discusses couple. ââ¬Å"A couple ofâ⬠is the correct form, but either the author chose to be colloquial, or neither he nor his editors know the correct usage. 3. I have always thought that ââ¬Å"outside ofâ⬠is incorrect when used this way: ââ¬Å"The man was outside of the houseâ⬠(as opposed to ââ¬Å"The man was outside the houseâ⬠). Am I right? Using the preposition of is usually superfluous in such constructions, but itââ¬â¢s not incorrect, and in the senses of ââ¬Å"besidesâ⬠and ââ¬Å"apart from,â⬠itââ¬â¢s necessary. Some grammar handbooks advise playing this usage by ear. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Grammar category, check our popular posts, or choose a related post below:100 Beautiful and Ugly WordsWhat's a Male Mistress?What is an Anagram?
Thursday, November 21, 2019
Contemporary corporate governance issues Essay Example | Topics and Well Written Essays - 1500 words
Contemporary corporate governance issues - Essay Example This paper evaluates whether businesses exist solely for the benefit of its owners (shareholders or not). It goes further to look at the agency theory and other related matters as well as the challenges related to it and the need for alternative views and systems in businesses in the present era. Some decades ago, businesses were basically set up to generate wealth for the owners. This was a capitalist model that ensured that investors got the highest possible returns from their investments. Other concerns were kept to the barest minimum. Parkinson (1994) rightly judged by the events around him, that the ââ¬Å"process of supervision and control [management] intended to ensure that the companyââ¬â¢s management acts in accordance with the interest of its shareholders [owners]â⬠Twenty years ago, this was a very acceptable standpoint that most people in society would seldom argue against. Wood & Welker (2011) identify a group of shareholders who arose in the 1970s with the view of ââ¬Ëdiscipliningââ¬â¢ directors and restoring control of the true ownership of the organization to its owners. This group of people is described by Johnson, Scholes & Whittingon (2008) as pristine capitalists. With this background, there were two major questions: What should a firm do for its connected parties like its workers and suppliers. Are they just a means (in the absence of machinery) for the creation of wealth for these pristine capitalists? Secondly, if all directors were controlled solely by shareholders, what happens to their freewill and what can they do about the needs of other legitimate people connected to the organization in question. So with this, there were a lot of debates and scandals that forced the business community to take the agency theory a step further and incorporate other important and legitimate needs that organizations needed to honor to the larger society and to its connected parties. Need for The Agency Theory The popular Salomon V Salomon case laid the precedence for the separation of ownership and businesses. This has given right to the formation of limited liability companies around the globe that are distinct from their owners. However, to ensure that an entity acts and operates effectively and efficiently, there is the need for organization to employ directors and managers who will manage the supervisory and routine activities of a business respectively. This has led to the need for shareholders and owners to stand aside and transfer the running of their organizations to competent people who can run the organization. These people, often known as directors or managers act as agents of the owners and they need to seek the best for the organization. In doing this, the owners of organizations have to follow the agency theory which ensures: 1. Identification of legal provisions of the contract between the owning companies and joint ventures in line with the rules of the agency theory (which will be discussed later). 2. Accountability to owners (Hutzschenreuther, 2009). Thus national laws as well as articles of associations for the incorporation of the business guards the conduct of managers and directors. This is because these directors, known in Latin as fiduca (which means ââ¬Ëtrustââ¬â¢) and carries connotations of trust, good faith and honesty (Rahaim, 2005). This means that directors and managers need to avoid ââ¬Å"self dealingâ⬠or ââ¬Å"conflict of interestâ⬠. The idea of self-dealing refers to a situation where directors use their influence or knowledge in an organization to further their needs.
Tuesday, November 19, 2019
Finding Magic in the Natural and the Common Essay
Finding Magic in the Natural and the Common - Essay Example This essay explores the magic in daily life through these stories. What is magical in people's lives is their ability to imagine and to appreciate common events, acts, and liberties. Human imagination presents fertile ground for magic, as it concocts beautiful ideas and images that cannot be realistically enjoyed in real life. Cortazar's Letter to a Young Lady in Paris is about a man who vomits bunnies. Such an occurrence has not been documented yet as possible in real life, but the idea of creating bunnies in itself is a creative idea that makes life magical. With an active imagination like Cortazar's, people can escape life's chaos and dreariness and live in another world. They can find new ways of seeing and doing their duties and tasks and enjoy the novelty of their creative ideas. New images also, by themselves, generate magic, such as magic of wonder, enjoyment, and happiness. Imagination presents magical moments that can occur in daily life. Common events and acts can also lea d to magic. Minerââ¬â¢s Body Ritual Among the Nacirema talks about a society that turns common activities and behaviors into something magical. The Nacirema are people who both ironically value and devalue their physical bodies through their spiritual rites. On the one hand, they value their physical bodies by ascribing holiness to their body parts. ... Very sick people also go to latipso ceremonies. These ceremonies are quite perplexing to other people not used to these customs. Apparently, the Nacirema can only enter the temples that hold these ceremonies by bearing lavish gifts, even if they are aware that ââ¬Å"[it] is where [they] go to dieâ⬠(Miner). At the same time, these ââ¬Å"patientsâ⬠cannot also leave the temple without bearing more lavish gifts. In other words, they pay to get hurt. What is magical in these acts is that they are crucial to people's development. Miner cites Malinowski who says that without crude and irrelevant magic, ââ¬Å"early man could not have mastered his practical difficulties as he has done, nor could man have advanced to the higher stages of civilization.â⬠But what is higher civilization anyway? Perhaps a higher civilization is one that is kinder and more loving. Otake et al. shows that kindness is magical too, because it makes people happier. The more kindness that people â⠬Å"giveâ⬠forward, the more they feel connected to other human beings. This can be the kind of connection that makes people more human, and in turn, helps them feel happier ââ¬Å"inâ⬠their humanity. Even in desperate times, kindness can alleviate the emptiness of life. In Manââ¬â¢s Search for Meaning, Frankl argues that people can find something meaningful in what could otherwise be meaningless existence. As a former prisoner during the Holocaust, he is a man who has survived great tribulations and has come out with his identity and soul intact. He believes in the value of being ââ¬Å"worthyâ⬠of one's ââ¬Å"sufferings,â⬠for it provides ââ¬Å"spiritual freedomâ⬠that makes life worth living for (72). People can
Sunday, November 17, 2019
Step By Wicked Step by Anne Fine Essay Example for Free
Step By Wicked Step by Anne Fine Essay The setting for the story Step by Wicked Step is one dark stormy night when five schoolchildren on a school trip stayed in a towering mansion. They found secret tower room that was hidden behind a wall. The lights in the mansion were not working and they has to depend on the streaks of lightning and the moonlight for light. The tower room, covered in a coat of dust, had not been used for a long time. There were heavy drapes, plain dark coverlet and frame old maps. A dusty green album revealed the story of Richard Clayton Harwickââ¬â¢s journal entitiledâ⬠My story, Read and Weep. Following this each one of them related their own sad story of their broken homes and relationship with their family members. Time : 1)Evening- party meals organized by Stella for Claudia father thirty- seventh birthday. 2) Night- Claudia decides to make something for her stepmother when she fells sorry for her. Location 1) Her grannyââ¬â¢s house- her father stays in her grannyââ¬â¢s after argue with her mother 2) Stellaââ¬â¢s house ââ¬â the party meal for her fathersââ¬â¢ birthday and the things she does for Stella. Richard related the story of his life with his stepfather and he ran away to escape his problems. All the five children symphatised with Richardââ¬â¢s situation and they each has their own sad tale to tell. The setting enhances the plot of the story by providing the atmosphere for the story. The tower was dark except for flashes of lightning and later the moonlight. It gave the children the mood and courage to tell their story. The dust in the room symbolized their past which should be wiped away so they could look forward to a brighter future. Write about difficult decision made by one of the characters The novel Step by Wicked Step is about five schoolchildren who found and read Richard Clayton Harwickââ¬â¢s journal of his life with his stepfather and his running away from home. The five children were inspired to tell their own sad family stories of broken homes. In the story, Richard Clayton Harwick made the difficult decision of running away. Richard Clayton Harwick felt sidetracked by his father who made him promise to look after his mother and sister after his death. His father made no reference to him. He was disappointed and to make matters worse, his mother remarried. His stepfather Mr. Coldstone or the ââ¬Ëblack, black batââ¬â¢ as Richard referred to him imposed very strict rules on Richard, to the extend that he felt his home was more of a prison. He was sent to Mordanger School where he spent ââ¬Ëfour long yearsââ¬â¢ and it was a place of bad memories. He was extremely unhappy in his own home, a place where he had such a good memories of his father. He was disappointed that his mother did not seem to want to make any effort to protect him from his stepfather. Richard decided to run away from home. He felt that the three of them, his stepfather, mother and Charlotte would be happier without him around. His mother would find life more pleasant, Mr Coldstone would be pleased and Charlotte would not miss him. I think this was wrong decision as his decision changed three lives for the worst. His mother died of heartbreak, his stepfather of fury while Charlotte probably of childbirth. I feel he should have stayed on and tried to get along with his stepfather for his mothersââ¬â¢ sake. He should have let the past go and kept the happy memories of his father instead of feeling and showing unhappiness all the time. As Charlotte told him just because life had dealt them one hard blow, there was no reason fro them to be unhappy forever. His decision to run away was not right decision as it caused too much sorrow. Write about the social issue in the story In the novel step by wicked steps, five schoolchildren read the journal of Richard Clayton Harwick which detailed his sad story of family life with a stepfather. The five schoolchildren who come from broken homes were prompted to relate their own family life story. The reader is reminded of the issue of family relationships. Richard came from a happy family unit until his father passed away and his mother married to Mr. Coldstone, somebody Richard could not get along well with. He felt that he did not belong to his family, his mother and his sister anymore. While Cahrlotte got along well with their stepfather, Richard could not and did not want to. So, he decided to run away, thus breaking off family relationship with them rather than bear the unhappiness of bad family relationship. The five schoolchildren coming from broken homes had to deal with stepparents, stepsiblings, and half siblings. Some accepted these relationships well other could not. Most of the time they pretended to be amiable for their parentsââ¬â¢ sake. When matter came to head, some like Claudia and Pixie sorted to out their feeling with their stepmothers. They were thus able to rebuild their family relationships. Others like Callie, Robboââ¬â¢s sister, preferred to run away from their problems. The common thing about them was they felt their opinions and feelings did not count with their parents. Family relationships should be built on understanding and parents should take into account childrenââ¬â¢s opinion, especially on the issue of family relationship.
Thursday, November 14, 2019
Domestic Violence: Most Underreported Crime In America :: Violence Against Women Essays
Found at the scene of the crime two dead bodies stabbed brutally, and left to die at their house. This was the story that shocked the country in 1991. This was the start of the O.J. Simpson domestic abuse case. Unfortunately events like this happen many times over everyday in many setting all over the United states; however the victims of the other cases don't get nearly as much publicity. Some facts about domestic abuse: An average of nine out of 10 women have to be turned away from shelters on. The reason so few cases get assigned initially is the police usually don't have enough officers to meet the demand At the Portland Women's Crisis Line, where calls have doubled since the killings of Nicole Simpson and Ronald Goldman, they welcome the increased attention. From July 19,through March 31, 1993 a total of 3,665 domestic violence cases were reviewed in Portland Oregon. Of those, only 281 cases resulted in some action taken against the accused abuser. Some of this is because there is not enough police, but it is mostly because the abused person is scared. For the last six months of 1993 and the first three months of 1994 Portland averaged about 1,000 calls each month or 12,000 calls a year. In January 1992, 30 criminal domestic violence complaints were issued. For January 1994, the number was more than 100. Nationally, estimates range from 2 to 4 million women assaults each year. Some studies show that 20 to 30 percent of all women who seek help at hospital emergency rooms are there because of domestic violence. Kyra Woods never made it to the emergency room. Whoever killed her saw to that. She suffered 13 stab wounds to the back five of them so violent the knife came out the other side of her body. Wood's mother, Mable, and two aunts wept quietly in a back row of the courtroom as the prosecution argued against bail for Woods' former boyfriend Jackson. Rod Underhill, the prosecutor, painted a picture of domestic violence. He told of a dramatic moment after the killing, when Woods' 4-year-old son, holding a teddy bear, re- enacted the attack. "He put his hands around the neck of the bear and shook it," Underhill said. "He began to pound it with a closed fist and slug it." Mable Woods said that her daughter never told her much about any abuse. Neighbors, however, told police of hearing the couple fight violently. According to police reports, one neighbor said, "They fought so hard the pictures on the wall shook back and forth.
Tuesday, November 12, 2019
Food Test to Determine the Presence of Reducing Sugars and Non-Reducing Sugars Essay
Apparatus/Materials: ââ¬â Bunsen burner ââ¬â Solutions A, B, C, D, E, F and G (unknown) ââ¬â Measuring Syringes ââ¬â Stirring Rod ââ¬â Beakers ââ¬â Test tubes (7)plus holder and tray ââ¬â Copper sulphate solution (CuSO4) ââ¬â White dropping ray ââ¬â tripod stand and mesh -stopwatch ââ¬â Biuret? s solution ââ¬â Sodium Hydroxide solution (NaOH) (or Potassium Hydroxide solution) ââ¬â Hydrochloric Acid (HCl) ââ¬â Sodium Hydrogencarbonate (NaHCO3) ââ¬â Iodine Solution(I2) (or Potassium Iodide solution) ââ¬â Ethanol (C2H5OH) ââ¬â distilled water (H2O) Test Method Reducing Sugars 2cm3 of solutions A-G were placed into separate, labelled test tubes using separate measuring syringes. An equal volume (2cm3) of Benedict? s solution was then added to the solutions in the test tubes. The tubes were then gently shaken and placed in a water bath until any possible change in colour was noticed. Observation Inference/Explanation A- changed from a transparent bluish colour to purple. B- changed from a bluish colour to a yellow orange colour from the surface; middle began turning green; then entire solution turned bright orange in colour. C- turned from blue to a dark blue/purple. D- no reaction E- no reaction F- changed from a bluish colour to a yellow orange colour from the surface; middle began turning green;then entire solution turned bright orange in colour. G- no reaction. Benedict? s solution contains copper sulphate. Reducing Sugars reduce soluble blue copper sulphate, containing copper (II) ions (Cu2+) to insoluble red-brown copper oxide containing copper (I). The latter is seen as a precipitate. Therefore, solutions containing reducing sugars were: B and F. Those not containing reducing sugars were: A, C, D, E, and G. Test Method Observation Inference Nonreducing Sugars 2cm3 of solutions A-G were placed into separate, labelled test tubes using separate measuring syringes. 1cm3 of Hydrochloric (HCl) acid was then added to thesolution in the test tubes. The test tubes were placed into the water bath for one minute and were then neutralized with 2cm3 sodium hydrogencarbonate (NaHCO3). The Benedict? s test was then carried out (where an equal volume2cm3 -of Benedict? s solution was then added to the solutions in the test tubes. The tubes were then gently shaken and placed in a water bath until any possible change in colour was noticed. ). A- no reaction B- changed from a bluish colour to a yellow orange colour from the surface; middle began turning green; then entire solution turned bright orange in colour. C- no reaction D-changed from a bluish colourto a yellow orange colour from the surface; middle began turning green; then entire solution turned bright orange in colour. E- no reaction F-changed from a bluish colour to a yellow orange colour from the surface; middle began turning green; then entire solution turned bright orange in colour. Gââ¬â changed from a bluish/ purple colour to a yellow orange colour from the surface; middle began turning green; then entire solution turned bright orange in colour. A disaccharide can be hydrolyzed to its monosaccharide constituents by boiling with dilute hydrochloric acid. Sucrose, for example, is hydrolyzed to glucoseand fructose, both of which are reducing sugars (and would give the reducing sugar result with the Benedict? s test) 2cm3 of solutions A-G were placed into separate, labelled test tubes using separate measuring syringes. An equal volume (2cm3) of sodium hydroxide solution were added to the solutions in the test tubes and mixed. Approximately two drops of Copper Sulphate solution was added and mixed. Observations were recorded. A- changed from a colourless solution to a purple/lilac colour. B- no reactio C-changed from a colourless solution to a purple/lilac colour. D- no reaction E- no reaction, but solution E floated above the added
Saturday, November 9, 2019
Dangers of Drugs
There are many persuasive arguments you can give to convince middle school students not start using drugs. One argument is the pain you would put your family through. Not only is it dangerous to using the drugs, it is also very dangerous to be around the people that sell the drugs. One of the best arguments I could give it the very harmful affects that the drug does to your body. There are endless arguments that you could give to students not to buy and use drugs but I believe those are the best arguments. Using drugs are very dangerous to not only you but your family too.When people start using drugs, they do not think about the pain and suffrage that your family will have to go through. Your family will have to go through the challenge of overcoming your addiction with you, which will put a strain on your relationship with them. It would be very hard for your mother or father to see you using a dangerous drug. Not only will it affect you but it will affect the people that you love most. When somebody said ââ¬Å"drugsâ⬠they only think about using them. They do not think about the extremely dangerous people that you have to be around to get the drugs.These types of people are not nice, and could hurt you. These people have probably committed crimes and have been in prison. There is so much more to the word ââ¬Å"drugâ⬠than people think about, such as the people you have to be associated with. The first time that you use a drug nobody thinks that they will be addicted to it. When addiction takes place you have to use the drug everyday, even multiple times a day. After using the drug for so long is does major damage to your lunges, mouth, skin, liver, kidneys, and even your facial features. These are major parts of the body and most are replicable.Using drugs after awhile will eventually kill you. After learning that all those things that take into account when using drugs- would you ever try them? After hearing three great arguments on why not to u se drugs, I believe those three are the best. Using drugs not only affects you but also your loved ones too. Being around those types of people are potentially dangerous. Last but not least, the dangerous affects that the drugs could do to your body. No one deserves a life of addiction; so I hope that you have learned something and will never touch a dangerous drug.
Thursday, November 7, 2019
Growth in the informal tourism sector in Sri Lanka Essay Example
Growth in the informal tourism sector in Sri Lanka Essay Example Growth in the informal tourism sector in Sri Lanka Essay Growth in the informal tourism sector in Sri Lanka Essay Sir Lankan Tourism Stronger Growth in the Informal Sector? The new breed of tourists The Flash -Packers Sacral Malthusian There is no doubt that the overall tourist arrivals to Sir Lankan has shown YOU growth in the past few years. Almost all hotels are returning healthy revenue, occupancy and profitability figures. However there are some rumblings from the larger established hotels that the performance has been not all that spectacular as compared to previous years. From an overall country perspective it is indeed quite easy to check the truth behind these concerns. To do this, one has only to study in greater detail the growth In the large and small establishments separately as reflected In the Foreign Guest Nights and published by Sir Lankan Tourism Development Authority (SALAD) Itself. Foreign Guest Nights (FOG) are recorded directly from Individual hotel establishments, which indicate the actual number of 1 nights spent in a particular hotel by foreigners. (There is also separate data on Local Guest Nights). The SALAD also publishes a further sub-division of Figs into two categories, called FOG in Graded Establishments and Supplementary Establishments. Graded Establishments are categorized by SALAD as conventional star class hotels, while Supplementary Establishments are the smaller guest houses and home stay units (the so called Informal sector), registered with SALAD. The SALAD also tracks the average number of days a tourist has spent In the country, which has been In the order of 9. 8 10 days per violators. Dividing the Figs by the length of stay, would then reveal the exact number of foreigners who have stayed in the hotels and other establishments. Hence it is not a major exercise to ascertain separately the actual number of Derived from SALAD statistics : Analysis The total number of tourists as recorded by the Emigration department and published by the SALAD for 2011 was 855,975, while the real tourists as determined by FOG statistics of the SALAD is 725,889, which is a 16 % leakage factor, of tourists of this leakage could also be the tourists who stay in the large number of unregistered small Bed and Breakfast units that have sprung up in all popular tourist 2 cities on the round trip circuit, whose statistics are not caught up in the SALAD records. Also significant from the analysis is that there was a growth of 21% in all the graded establishments, while the (informal) supplementary sector grew by a spectacular This shows clearly that the informal sector has grown much faster than the formal sector for 2011 (The breakdown of 2012 statistics giving FOG is still not available with the SALAD). The Future So what of the future? Should we all rush to set up small B units and stop the development of large scale conventional hotels? Should conventional hotels drop their rates drastically, to try and attract the lower end market? These are all knee-Jerk responses. What Sir Lankan tourism basically needs today is a tragic approach to growth. 3 The Informal Sector and the New Breed of Tourist Certainly, the growth in the informal sector is very interesting. It is fuelled by strong social media, networking and internet platforms, together with the fact that traveling and exploring Sir Lankan today is very safe and quite feasible to do on ones own, rather than depend on guided tours as a few years before. Hence, it is no surprise that a new segment of adventure seeking tourists are fuelling this growth, spending less on their hotel utilizing no frills budget on accommodation, and spending more n exploration and adventure. This new segment of tourists are called Flashback, a combination of flash (as in fancy), with backpacking, used to refer to an affluent backpacker. Blackjacking has an association of more disposable income while traveling, and has been defined simply as backpacking with a bigger budget. It includes the use of a backpack or other luggage that is easily carried for long distances or long periods of time; the use of public transport; inexpensive lodging; a longer duration to the trip when compared with conventional vacations; and an interest in meeting the locals as well s seeing the sights. It is typically associated with young adults, who generally have This is not really a bad situation. Actually, this market segment should be strengthened as it is a vibrant driving force, which brings exposure and limelight to the country. It is precisely due to this growth, that Sir Lankan has found favor as Lonely Planets No. 1 destination for 2013. It is this segment of the market that grew some 80%, and which is still reliant on guide books such as Lonely Planet, and GAPS Map interfaces. This growth in the informal sector products is fast catching up with the conventional toll segment. SALAD statistics indicate close upon 15,000 rooms in the conventional hotel 4 category while the supplementary (informal) category rooms have risen to 11,600. If the unregistered informal category, which is possibly quite large, is added to this, it will be evident that the informal category of rooms already out-numbers the formal sector. This is indeed an eye opener, where possibly in the future, the informal tourism industry will have a greater say in setting the course of tourism of the country. Conventional Hotels So what has happened to the conventional hotel segment? They have far too long rested on their laurels, enhancing their performance on the post war spectacular growth in numbers and revenues (room rates). No careful redesign of product and service offerings has been done on a major scale, to add value and greater experience, which seems to be what the market is demanding. The conventional hotels with large number of rooms offering the same old restaurant options and facilities are lost in the crowd. There are no real unique selling propositions or differentiating aspects. On the further end of the scale, the higher end boutique hotels offering luxurious, rationalized and custom built products and service offerings are succeeding in maintaining high growth. Conclusion Sir Lankan tourism therefore, needs to take a step backward, and call time out, to take a good hard look at the new market forces that are impacting the industry, and causing paradigm shifts in the way we need to do things. New value added products and service offerings are needed, breaking out of the conventional shackles to help Sir Lankan tourism grow in a sustainable manner, and to become a mature tourism destination. All photographs by the Author 5
Tuesday, November 5, 2019
Write a Term Paper
Write a Term Paper Write a Term Paper Write a Term Paper If you have to write a term paper, it is useful to have an excellent sample of a term paper in front of you. Below is a short sample of a term paper on religious aspects of abortion. is a professional team of writers who are able to help you with writing a term paper on any topic! Custom term paper is fully referenced and has no copy/paste material! Our paper writing blog has many tips on writing and absolutely free samples and examples of term papers Term Paper Sample (Excerpt) Within recent years various Protestant denominations have issued policy statements in support of the reform of abortion statutes. Neither Jews nor Protestants try to set an exact moment when the fetus has a soul. In Jewish theological writing the fetus is thought to be part of its mother and not a person until it is born. For example, in the religious conversion of a pregnant woman, her unborn child is automatically included in the conversion and requires no further ceremony. The embryo is not believed to be a living thing until the full nine-month gestation period is complete. Thus, because it is not a living thing until it is born, abortion is not considered a crime. Though there is some disagreement about when the soul enters the fetus, for most Jewish theologians this has no bearing on the practical, earthly issue of abortion. They consider the moment of ensoulment as belonging to those secrets of God. The soul's immortality and the moment it enters the fetus is not, for them, relevant to the problem since, they say, abortion does not affect the soul. As David M. Feldman describes it in his book Birth Control in Jewish Law: Before birth the embryo is not a person; from the moment of birth and on, it is; the disposition of the soul, being pure to begin with, is unaffected. The Jewish and Catholic doctrines have once again parted company. The Japanese Shinto religion also holds that the fetus is human only when it is born. Since theological dialogue influences the Church's position at any given time, and since this position can be changed, the moral argument about abortion rages today with greater intensity than ever between those who would change the Church's attitude toward abortion, and those who believe the current attitude is the right one. The crux of the debate is still the question of when the fetus becomes a human being with a legal, moral, ethical and medical right to life which cannot be taken away by anyone including his mother. The viewpoint expressed by Catholic theologians is that since no one can say at what moment the fetus has received a soul, killing it at any point before birth, no matter how soon after conception, is nothing short of murder. Others, including some Catholics, say that abortion should be legal until the baby is able to support itself outside the womb. Write a Term Paper: Custom Service Online If you need help with writing your term paper from scratch, you have an excellent opportunity to try our writing services with a discount. Just write us a note with a discount in a subject line and we will definitely give you at least 10% discount on our term paper writing services! Our term paper help is legal and tailored to your personal needs and expectations!
Sunday, November 3, 2019
Knowledge can be gained from books and scientific observation. What Essay
Knowledge can be gained from books and scientific observation. What are some other important sources of knowledge andd why are they valuable - Essay Example The people from whom we learn something from are normally designated as authority. Apart from family, other common authority figures are celebrities. There is a lot of information that you can learn from authorities. However, this does not mean that they are always right. You can use rationalization to come up with many amazing facts. This is to say that when you are presented with a fact, you can deduce something else from it. For example, if all cats have hair and Baggs is a cat. Then Baggs has got hair. When using deductions to learn something new, the original two statements have to be true. However, deduction and rationality has its own downsides which can be referred to as logical fallacies. An example of a fallacy is as follows: All cats have got hair. Baggs has got hair. Therefore, Baggs is a cat. The third statement is a fallacy in itself and it can apply in any complex situation. That is why there is need to be extra careful when deducing facts. If you do not have information at hand about something, it is better not to deduce anything as doing so might lead to problems and misinformation. Intuition is one of the natural reactions that are very hard to understand, but it is one of the most accurate sources of information. Insight is the knowledge you have about something and it can be learned from books, scientific observation or experience. In most cases, intuition and insight go hand in hand. Intuition and instinct are somehow interlinked. Intuition is a like a small voice that tells you what to do and instinct is the action that results from the intuitive feeling. If you have some insight into something, then you will intuitively react to it the right way. For instance, you will know to slap at a mosquito when it bites you. This intuitive action is as a result of the insight you have about mosquitoes. Relying on intuition alone to come up with solutions to tough
Thursday, October 31, 2019
Interpersonal communication Essay Example | Topics and Well Written Essays - 1000 words - 2
Interpersonal communication - Essay Example In the given scenario there is an interpersonal communication happening between a supervisor and two employees. In the discussion, the participants are professionals working in an advertising agency where Marie is placed as a director, Steve and Jane are working as a manager, and Paul is a part of a different department. The verbal exchange between the three persons i.e. Marie, Jane and Steve is a part of the interpersonal communication. The discussion starts with a pleasant morning exchange of greetings at the office between Marie and Jane. Jane who is a manager, wanted to discuss about a competitor firm and their poaching of a developmental director. Jane thought it to be a positive step for the competitor firm. Jane proposed to get them as their potential client to make a positive impact on their own business. Jane also proposed to get the company as their new agent. Here, in the conversation the ââ¬ËPoliteness Theoryââ¬â¢, proposed by Goffman, is being used. The theory is called as the theory of face, as it explores the communication among power relations, social distance relations; solidarity and also the seriousness that is required for the issue in discussion are evident in the conversation (Holmes & Stubbe, ââ¬Å"Doing Disagreement at Work a sociolinguistic Approachâ⬠). In the discussion, there is a disagreement evident to the proposal of Jane from Marieââ¬â¢s end. As Marie observes that Jane already has other important business dealings in hand so she would not be able to take risk of letting Jane go ahead with the proposed deal. So, there is a disagreement between the director and the subordinate. Jane did agree to Marieââ¬â¢s concern but showed Marie some recent statistics and also showed very able persuasion and negotiation skills to convince Marie to let her go ahead with the proposal. Marie thought of assigning the task that Jane had, to Steve, another manager in the advertising agency.
Tuesday, October 29, 2019
Philosophy - animal rights by Peter Singer Essay
Philosophy - animal rights by Peter Singer - Essay Example In order to prove the hollowness of this ââ¬Ëspeciesismââ¬â¢, Singer provides the example of the history of slavery. The White slave owners never took the sufferings of the Black slaves into consideration because their moral concerns were limited to White people (135). Thus, according to him, if ââ¬Ëracismââ¬â¢ is not moral, ââ¬Ëspeciesismââ¬â¢ too is immoral. Secondly, Singer opines that animals have interests because they have feelings like pain (135). Also, Singer points out animals have equal rights despite their lack of communication skills and intelligence because lunatics and infants too enjoy equal rights. The scholar says that equality in quality is not a necessary factor for giving moral value to nonhuman things. He claims that even within the human species, there is wide disparity in qualities like intelligence, physical strength, ability to communicate, and so on. However, the problem with Singerââ¬â¢s opinion is that in his effort to protect animal rights, he forgot the fact that humans too are animals with the right to protect their own interests like all other animals do. It is for Singer to show a cow or a goat that tries to preserve some grass for another species before filling its own stomach. The mistake with Singerââ¬â¢s opinion is that he failed to acknowledge the fact that all advanced species take maximum advantage of the circumstances to promote their own welfare. Singer admits the fact that there are pests in nature. Then he has to admit that humans are just another group of pests that takes advantage of the suitable circumstances to grow. This is the law of nature. Another vulnerability of his opinion is that he has mixed morality with nature. The mere fact is that morality is just a social construct which is purely aimed at human welfare. Moreover, the concept of morality, as he admits, is not concrete. It varies from time to time, and population to population. According to the
Sunday, October 27, 2019
Comparing Disclosure Based Regulation And Merit Based Regulation Finance Essay
Comparing Disclosure Based Regulation And Merit Based Regulation Finance Essay There are tw0 basic models of regulatory system which is the supervision framework for securities market which is a merit based regulation and disclosure based regulation. These regulation systems are important to provide adequate investor protection and regulate business practices or codes of conduct that reduces systemic risks. There are several countries which have adopted the disclosure based regulation which are Malaysia, Hong Kong and Singapore. The countries which are still following the merit based systems are China and Philippines but to certain extend.à [1]à MBR The recognition of the need for a securities regulator to ensure investor protection and market integrity is located in the Securities Commission Act 1993 (SCA), under which the Securities Commission (SC) is established. Section 15(1) of the SCA requires the SC to, which control all matters relating to securities and to take all reasonable measures to preserve the confidence of investors in the securities market by ensuring sufficient security for such investors. The principal thrust of the regulatory framework currently applied by the SC is merit-based. Section 32(4) of the Securities Commission Act 1993 (SCA), give power that all proposals that involve issues or offers of securities to the public be subjected to the SCs prior approval. The SC has the discretion to approve the proposals with such revisions and subject to such terms and conditions as it deems fit. The SC also has the power to reject corporate proposals if it is reasonably satisfied that these proposals are not in the best interest of the public company and/or the investing publicà [2]à . Authorities regulate securities offering Under the MBR, The authorities regulate the securities offering by protecting and shielding the investor by ensuring that the offering of the securities of the companys is judged by the authorities to be fair, just and equitable. Under this approach, the regulators or the authorities would make an assessment regarding the companys viability, quality and capabilities of the companys management, its suitability for listing and taking regard of the public interest before approving any issuance proposal regarding the companys securities.à [3]à For example, section 34(4) of the SCA, issues or offers of securities is subjected to the approval from the SC. Issuers and advisers disclose to authorities Under the MBR model, the issuers and advisers disclosed all information regarding the companys business to the authorities or the market regulators. These are because under this type of model, the market regulator needs to approve first the securities before the investor can be allowed to invest in the companys. This is for the purpose to protect the investor. Authorities reviews investment merits of offering Regulators review each transaction according to its perceived merits. The evaluation is completed in two stages which is firstly, adequacy of disclosure is assessed then, and the merits of the transaction are subjected to value judgment. Merit-based regulation assumes that the market regulators are better informed than investors and can better decide the merits of transactions on their behalf.à [4]à These merit judgment is the indication whether the companys can provide safe securities in making business in order to protect the investment made by the investor. Advantages of MBR Model In merit based regulation, it is a paternalistic attempt to improve or to develop the fairness between the relationship between the sellers and buyers of the securities in the capital market. These models also act as a shield to protect the public investors from the risks involved in acting on impulse. This is because the authorities had made deep valuation and merits regarding the companys business in order to approve the securities issued by the companys. This model or regulatory system is particularly suitable to be adopted for Malaysias emerging capital market which has a large proportion of financially unsophisticated retail investors. This is also reduce or minimizing the possibility of promoters of public companies exploiting these less sophicated investors to use as to their own advantages. In the securities market, the Securities Commission is also able to ensure that mechanism in place is working well in order to prevent unscrupulous and unethical practices in the issue or offer of the securities by the companies. By ensuing that the mechanism place is working, the investor would have minimized the risk of losing their investment by the unscrupulous and unethical practices of some companys who would provide false or inadequate information regarding their business. But, the ultimate decision still lies within the investor. This is because the decision and the evaluation of the security offered lies with the investing public. The securities commission will not give a guarantee that the investment made by the investor would get a return or profit.à [5]à The SC has the power to check and ensure that the securities that are offered by the issuers are fairly and reasonably priced. Disadvantages of MBR Model This is regards to the public interest where the public investor would make their decision in investing their money in the companys based on the SC. The approach of MBR posed a problem of moral hazard. This is because when the market regulators or the SC gives their approval of the merits of a particular company, it exist danger that investors will perceive that the corporation will be a good investment as the SC had given their approval after making some merits regarding the business of the companys. This would lead to an impression whereby the investor did not need to individually evaluate the merits or risk of investing in that company. The investor would totally leave it to the market regulator to make the research. By using these models, the regulatory approach of MBR restricts entrepreneurs and investors choice in making decision in choosing the right company to invest by limiting the scope of investment that is offered to them. This is because only SC will give and provide the necessary approval in order to make the issued security to be approved. If the companys does not comply the guideline given and the SC does not approve the issue offered, thus limiting the option available to the investor in investing their money. This approach also denies certain ventures of access to public funds unless the issuer of securities agrees to modify their offering according to the pre-requisite set by the SC. The issue that always arises is that the SC and the issuers of securities tend to have conflicting views as to how and the extent to which a proposed venture or transaction will be beneficial to investor in general. The SC is also known to be more conservative in its judgment and normally will not approve highly risky securities to be offered to the public. The merit based regulation also provided that by giving much protection to the investor, this will take the bargaining power from the securities offeror or issuers and the power will be switch to the investor instead. The protection is significant because the issuers of the securities need to raise funds at a substantial discount from the actual price of their securities. From this Market philosophy, this over-protection of the investing public had compelled issuers to raise funds at a substantial discount from the actual value of their securities or add to the perception of initial investors that they would be guaranteed a premium when the corporate body is launched onto the marketplace. Basic principle of DBR The basic principle of DBR is the need for the issuers and intermediaries offering securities to provide investors with sufficient, accurate and timely disclosure of all relevant information regarding the companys business, prospects, finances and the terms of the securities in order to allow investors to better evaluate the risks and merits of their investment.à [6]à This is to allow the investor to make they own informed investment decisions. Usually is done through the use of prospectus which focuses whether the companies comply with the standard of disclosure required. For example, in Malaysia, the companies that is listed in Bursa Malaysia, one of the listing requirements of the standard disclosure is to have at least two annual reports that can be inspect by the investors in order to make their decision to invest. The investor are expected to carry out their own due diligence or with the assistance of expert or professional such as lawyers and accountant because the investo r hold a higher level of responsibilities in evaluating the risk or particular offering based on the disclosed information before investing.à [7]à Authorities regulate disclosure of information in securities offering Under DBR, the regulation of the disclosure or the standard of the disclosure in securities offering is on the authorities where the authorities will provide the guidelines for the company in disclosing the relevant information pertaining the companys business, finances, prospects and terms of securities. The burden is put on the issuers of the securities and advisers and not on the authorities. Issuers and adviser disclosed to investor Under the model Of DBR, the issuers of the securities will provide sufficient information according to the Securities Commission Guidelines regarding the disclosure of information regarding their business. The advisers which are normally experts or professionals such as accountants, lawyers and other technical experts need to have play their role in the preparation of prospectus for the investing public. These are because each of these adviser or experts can be held liable for a defective prospectus under the DBR. The due diligence process is for the purposes of preparing good and complete prospectus and involves performing reasonable investigate work in order to determine that the prospectus does not contain any material omission or false information. Financial advisers and experts in particular are expected to have a very high standard of reasonable care. An adviser has an obligation to make a reasonable investigation not just for the purpose of its own due diligence defence but al so as a duty to the investing public who will be relying on the opinion and recommendations of the advisers. In order to minimize their potential risk, the expert of professionals must make due diligence enquiries.à [8]à Investors determine investment merits of offering In the DBR System, the investor cannot expect that the securities regulator to protect them forever. In order to invest, the investor cannot invest blindly. The investor must make their own research and collect data and information regarding the companys business. Investors have to evaluate and assess the merits of any security being issued or offered before making any investment decision It would become more apparent that investors would have to change their laid-back attitude. They can no longer take for granted that securities being issued or offered have already passed the regulators investment merit review. Instead, the information necessary for the investors themselves to evaluate the investment merit of a security will be available. Investors must also take a more active interest in the companies they invest in emphasis should always be placed on fundamentals and long-term performance rather than short-term profit. Investors should be concerned about ensuring that their rights and interests as shareholders are protected, and that greater transparency and accountability are shown by the directors or principal officers of the companies concerned. Ultimately the effectiveness of the disclosure regime to be adopted in Malaysia will depend on investors themselves. They must also rise to the occasion by paying closer attention to the affairs of the corporations in wh ich they invest. Under a disclosure-based regulation, investment analysts and financial journalists would have access to more relevant information to enable them to make more detailed analysis, research and assessment of each security issue or offering and can conclude at a better finding and recommendation. This is of particular importance in Malaysia in view of the large proportion of retail investors, some of whom lack the technical expertise and or the time needed to evaluate the web of information disclosed by issuers of securities. These investors may need to rely on the analysis disseminated by the investment analysts and financial journalists to make better informed investment decisions.à [9]à Advantages of DBR There are several advantages of the DBR regulatory model system. Basically, this would result in a more transparent and informed market whereby companies have to improve their quality of disclosure to facilitate potential decision making by potential investors. By upgrading the quality, the investors have more choice and more information pertaining the business and the finances of the companies before making any investment in the companies. Investor must know and get the information given by the issuer of securities to because the investor will hold the burden of all the responsibility towards their investment decision. One of the major advantages of DBR, the companies can raise more funds at a lower or cheaper cost. This is because it is based on the assumption that the higher level of transparency will lead to a greater evaluation risk by underwriters which would then contribute to a lesser cost in raising the fund which give the issuers companies the power to price it assets at a higher premium rates.à [10]à Another advantage under the DBR is where the role of the regulator is to ensure that the structure of the market is consistent and efficient for the market In order for the investor to make a decision. The regulators will ensure that the information given by the companies are disclosed so that the investor will become the judge in making judgment of the merits of alternative investment, so that the regulator would only emphasis on disclosure and eradication of fraud.à [11]à According to analysis, by shifting towards the disclosure based regulation, the benefit that the securities market will enjoy is that the increased of efficiency of the Malaysian capital market by removing the barriers to competitiveness which is present in the old merit regulatory system.à [12]à A higher standard of disclosure by the companies is ensuring by the regulatory bodies. This is because the companies are expected to follow the guidelines of disclosure of the information according to the SC. This would give more chance to the investor in making their own research of the accountability of the companies before making any investment. The Ground for the shift of regulatory model from MBR to DBR The Securities Commission continues to play an important role in providing direction on broad policy matters and in enforcing the securities laws and regulations. Its role is to ensure that the incentives and structure of the market are consistent with efficiency, fairness and stability. The table below shows the ground for the shift to DBR regulatory system. Three Tenets of DBR Disclosure The responsibility of directors of public companies is to ensure that all material information required by the public to make investment decisions is provided accurately, in full and on a timely basis. In disclosing such information, the question that is need to be asked is whether Has any important piece of information been omitted? Is any part of the information misleading? Is the information complete and accurate? Investors rely on available information when deciding where and when they should invest their money. There is a need for information when new securities are offered in the primary market. There is also a need for information when dealing in securities already traded in the secondary market. Disclosure of information therefore benefits investors by facilitating them to make investment decisions. Companies intending to offer securities to the public are required to fully disclose information about the affairs of the companies and the securities which are being offered, in the offering documents or prospectuses. For a public listed company, disclosure obligations are stipulated in the Listing Rules of the stock exchanges. Due Diligence In preparing the information to be disclosed to the public, directors of public companies must undertake a due diligence exercise to verify and ensure that the information to be released is accurate and timely. Due diligence is a process by which inquiries are conducted to ensure that information to be disclosed is true, sufficient and timely. Due care must also be given to ensure that there is no omission of material information. Material information is information which would reasonably be expected by rational investors to facilitate their investment decisions. Information that can affect the trading activities and prices of the companys securities must be released immediately. The onus then lies with the investor to consider and weigh the information provided before making decisions. Following amendments to the Securities Commission Act 1993 (SCA) in 1995, which placed a higher standard of responsibility on promoters, directors, and advisers in respect of disclosures, the Securities Commission released a publication on Due Diligence Practices in August 1996. The publication is intended to explain the importance of due diligence, especially given the criminal liabilities imposed on persons responsible for submission of proposals to the Securities Commission under section 32 of the SCA. In March 1999, another publication on Due Diligence Guidelines on Submission of Proposals to the Securities Commission was published. It was jointly issued by the Association of Merchant Banks in Malaysia, Federation of Public Listed Companies, MIA, MACPA and MAICSA. The publication, in detailing the due diligence process, the question whether 1) Who will be held responsible for conducting the due diligence? 2) Who should be included in a Due Diligence Working Group(DDWG)? 3) What should the terms of reference and role of the DDWG be? 4) What is the methodology used in conducting the due diligence exercise? The publication also includes a due diligence checklist for an initial public offering and sets out clearly the roles and responsibilities of the various parties involved in the exercise. Corporate Governance The timely, accurate and transparent disclosure of material information is an integral component of ensuring good corporate governance. Boards of directors of companies need to be open about the businesses they direct and this includes transparency in corporate activities and transactions. This is essential so that shareholders can exercise their rights constructively. However, they can only do so if they are provided the relevant information. Apart from compliance with laws and regulations that constitutes one aspect of ensuring that directors perform their fiduciary duties properly, there are also codes of best practices which the directors are expected to observe. Among the codes to be observed are The Malaysian Code on Corporate Governance, issued by the Finance Committee on Corporate Governance and The Company Directors Code of Ethics issued by the Registry of Companies.à [13]à Time Frame for Shift to DBR The shift to DBR takes effect over a period of five years under three phases, beginning in 1996, with full DBR expected to be achieved by the year 2001. An outline of the time frame and focus of the shift is set out below: Table 2: Time Frame for Shift from MBR to DBR
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