How to Get the Most Realistic SAT Practice Test Experience

How to Get the Most Realistic SAT Practice Test Experience SAT / ACT Prep Online Guides and Tips Choosing the best way to practice for the SAT can be difficult; there are a lot of study options out there, but not all of them may give you an accurate indicator of how well you’ll do on test day.Taking SAT practice tests under realistic testing conditions is a great way to practice for the SAT and get an estimate what your score will be on the real test. There are many free SAT practice tests available that you can take in your own home, however; it can be challenging to simulate real test-taking conditions.The closer the conditions of your practice test are to the real SAT, the more useful and accurate your results will be.Read on to learn how you can recreate realistic testing conditions at home in order to get the most accurate results from SAT practice tests. This guide will give you all the information you need to create realistic testing conditions for a practice SAT exam. There are eight recommendations to follow in order to have an ultra realistic practice test: Take a complete test Have the required materials Have a set starting time Simulate a classroom environment Have an â€Å"official test† mindset Keep strict timing on each section Use only official breaks Review your exam results Benefits of Realistic Practice Test Conditions Like other methods of preparing for the SAT, taking practice tests can help youbecome more familiar with the types of questions that are asked on the exam and identify subject areas you should focus your future studying on. Taking a practice test in a realistic setting is even better because it gives you the most accurate sense of how you're scoring and helps you feel comfortable with and prepared for the test day proceedings. Let's go over the benefits of realistic testing in more depth so you know why this extra hassle is worth the effort. More Accurate Scores The closer your practice SAT is to real test-taking conditions, the more accurate your scores will be because your practice tests will take many variables into account, such as if you were able to finish each section before time ran out and how well you were able to concentrate with only limited breaks. Having more accurate scores gives you a better estimate of what your total SAT score would be, as well as how well you would do on each separate test section. This will let you more accurately determine what your strengths and weaknesses are and make your future studying more effective. Better Understanding of How Test Length Affects You SATs are long tests: the current version, including breaks, takes roughly four hours,if you include the optional essay. While answering individual practice questions can help you improve your score, taking full-length practice tests help you learn how well you hold up after several hours of testing. For example, you may discover that your scores drop on the later sections of the test because you find it harder to stay focused. Youmaynot have discovered this information if you’d never taken a full-length practice test under realistic conditions, and it gives you something to prepare for.Taking multiple full-length practice tests will also increase your test-taking stamina, so you're less likely to run out of energy during the real SAT. Less Anxiety About the Test The more familiar you are with something, the less worrisome it becomes.By making your practice exam test conditions close to those of the real SAT, you will become more familiar with the exam and its format, so that when you take the SAT you will know what to expect and will likely be more relaxed and prepared. How to Make Practice Testing as Realistic as Possible #1: Take a Complete Test In order to make your practice test as realistic as possible, you should take a complete practice test.TheCollege Board currently hasfour official practice tests for the SAT available. Taking an official practice test is important because it will keep your practice test experience as realistic as possible and give you the most accurate estimate of what your scores will be on the real SAT. Before you begin the test, print off the entire exam and its instructions so that you are ready to go.For your practice test, you should bubble in the answers on the answer sheet, just like you would for the real SAT. #2: Have the Required Materials The SAT has very specific rules on what you must bring, can bring, and are forbidden to bring on test day. Learn these rules ahead of time and follow them during your practice test. The SAT requires you to bring: Photo ID (such as a driver’s license or school ID) Your SAT admission ticket with your photo printed on it Two No. 2 pencils, with erasers Calculator: try and use the same calculator you plan to use for the real SAT, and make sure it meets the SAT’s calculator requirements Have these four things with you for the practice exam (using a blank sheet of paper that represents your admission ticket), so that you get used to remembering to bring them. Other things you should bring: A watch: this will help you keep track of your time because you can never be sure if there will be a clock visible during the test. Make sure your watch doesn’t beep though, because that is grounds to get you dismissed from the exam. Snacks and water: the SAT is a long test and having something to eat and drink during the break can help keep your energy up. Do not have cameras, notebooks, or your own scratch paper with you during your practice test, and if you have your phone near you, make sure it is turned off for the entire exam. #3: Have a Set Starting Time You and the parent who is proctoring you should establish beforehand when you will take your SAT.In order to be as similar to a real SAT as possible, this practice test should begin when real SATs do: at 8:00am on a Saturday. This is early, but taking your practice test at that time will help you be better prepared for the real SAT and know how well you function that early in the morning.Regard this start time as unchangeable. You cannot push it back or change it, even if you accidentally ended up staying out with your friends late the night before, decide you want work out, or want to watch some Netflix. You won’t be able to delay the start time of the real SAT, so don’t do it for the practice SAT either. Get up early enough so that by 8:00 AM, you're sitting at the desk or table where you’ll take the exam, with all your materials ready. #4: Simulate a Classroom Environment The room where you’ll be taking your practice SAT should be as close to a classroom as possible, because that's likely where you’ll take the actual exam.Don’t take your test while sitting on the couch or in a room that other family members will frequently be walking through. Pick a quiet room where you and your proctor you will be undisturbed, and sit at a desk or table.Only have necessary materials around you. Your phone should also be turned off and put awaylike it will be for the real exam. This is very important to rememberbecause having your phone on for the real SAT is enough to get you kicked out of the exam and your scores tossed out. #5: Have an "Official Test" Mindset Both you and your proctor should have the mindset throughout the entire test that this a realistic practice exam and should be as close to a real SAT as possible.The person acting as your proctor (likely your parent), should act as much like an official proctor as possible.This means things like reading instructions aloud,not making jokes, and not watching TVor listening loudly to music while you’re taking the test. You should take this test as seriously as you would a real SAT. Don’t ask for extra time, don’t try to check your phone during the test, don’t skip questions just because you got tired and know this isn’t a â€Å"real† test.If you wouldn’t do it during the real SAT, don’t do it during this practice exam. Taking a practice test under realistic conditions can provide you with a very accurate example of how you’d score on the real SAT, which can significantly help your future studying and raise your score for the actual exam, so take the practice test seriously. #6: Keep Strict Timing on Each Test Section This is one of the most important things you can do to help make your results from your practice SAT as accurate as possible.Not only is the SAT long, but it also includes a lot of questions in each section. Taking the test under real timing conditions will help you get used to the time pressures of the SAT and improve your time management skills. Your practice test will state how long you have for each section, and your proctor should follow the SAT’s time restrictions exactly.Have your proctor keep track of the time with a watch or timer, announcing when you have five minutes left in each section. You can also keep track of the time with your watch, if you’re wearing one. As soon as your proctor calls time, set your pencil down. Do not ask for or try to take any additional time. Even adding two extra minutes to a section can allow you to answer several more questions, which will give you an inflated and less accurate score.If you finish a section before time is called, do not move onto the next section to try and finish the test sooner. Just like you would for the real SAT, review your answers for that section until time is called. #7: Use Only Official Breaks The SAT has only three breaks, each between five and ten minutes long. These breaks usually come after the 2nd, 4th, and 6th sections of the exam. For the redesigned SAT, there will likely be two breaks, a ten-minute break after the writing section and a five-minute break before the essay.During your practice test, you should only take breaks at these times, and only for the specific amount of time allowed. Like strictly timing your sections, this will get you more used to the challenges of taking a long test with few breaks, which will let you see if this affects your score and help you improve your test-taking endurance. During these breaks, don’t do things you wouldn’t be able to do during the real SAT breaks, like check your phone, go on the computer, or go outside.You can (and should) use these breaks to get up and stretch, sharpen your pencils, use the bathroom, and eat the snacks or drinks you brought with you. Optional: Take Your Practice Test With Others This isn’t a requirement, but if you have other friends studying for the SAT, it can be helpful to take your practice tests at the same time.Doing sowill make your practice test closer to the real thing because you’ll take the real SAT with other people in the room, and, when you do, you’ll be more used to noises other test takers can make, like rustling papers or tapping their feet. #8: Grade and Review Your Exam Once you've finished with the entire test, take a short break before reviewing your answers. This can be anywhere from a few hours to a few days. Either you or your proctor should grade your multiple choice answers.If you included the writing section, try to have two other people grade it, following the SAT’s essay rubric.Also check out our guide on converting your raw score into a scaled score. Now you have your score for your practice SAT, but you’re not finished yet.You should review each question you got wrong or guessed on, working to understand what mistakes you made and how you can avoid making them again in the future.If you skip this step, your SAT scores likely won’t improve much, no matter how many practice tests you take because you’ll keep repeating the same mistakes. Check out our guide on the best way to review missed questions on the SAT. We also have a ton of resources to help you study for the SAT and raise your score. Check some of them out below. SAT Study Resources Want to learn ways to boost your SAT score? Learn the 15SAT tricks you should be using. Don't have a lot of time to study for the SAT? Learn the best last-minute study tips you should use. Wondering when you should begin your SAT prep? We have a step-by-step guide that tells you how long you should study for the SAT. Wondering what other study options there are beyond official practice tests? Learn about smart alternatives to officialtests. Aiming for a 1600 on the SAT? Check out our guide on how to get a perfect SAT score. Disappointed with your scores? Want to improve your SAT score by 160 points?We've written a guide about the top 5 strategies you must be using to have a shot at improving your score. Download it for free now: Have friends who also need help with test prep? Share this article! Tweet Christine Sarikas About the Author Christine graduated from Michigan State University with degrees in Environmental Biology and Geography and received her Master's from Duke University. In high school she scored in the 99th percentile on the SAT and was named a National Merit Finalist. She has taught English and biology in several countries. Get Free Guides to Boost Your SAT/ACT Get FREE EXCLUSIVE insider tips on how to ACE THE SAT/ACT. 100% Privacy. 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Essay on Morality and Ethics in Corporate World (Sample)

Essay on Morality and Ethics in Corporate World (Sample) Essay on Morality and Ethics in Corporate World In the corporate world, there is a large group of people who are hired to perform their skills and responsibilities as employees and investors. There are rules and policies that are indicated from the contract that has been drafted and applied by the corporate world in order to ensure that the quality of ethical responsibilities is followed. Discipline is important in the corporate world because it values the trust and the dignity of every employee to ensure that their services and product campaign are essential to value the cooperation of the target markets. In this case, it enhances the credibility of each employee to essential render their service efficiently and accurately to prevent any conflicting interests that might challenge the productivity of the corporate world. The principle of morality in the corporate world is valued by the influence of a firm leadership application; it is valued by managers and a head of a company. The reason behind is that leaders have the authority to apply their styles towards their employees to prevent any risks or hazards caused by ineffective skill management to a certain function or operation. During training, moral values are always insinuated by the training officers of the company because every employee should be responsible with their actions when rendering their service to the operating institution. As a result, the influence of an effective management procedure enhances the credibility of the institution to improve its values and trust with their target markets to establish an efficient way of promoting their professionalism. In the corporate world, the value of personal and professional ethics plays an important role to promote the essentials of morality towards other stakeholders. A productive corporate world is sustained by an effective and aggressive leader by leading change to the stakeholders to move in an upward trend, indicating an improvement with the assets and investments of the company. It is a strategic campaign to bolster the fundamentals of the company’s marketing values and interest. The result of having an effective leadership moves the company forward by means of generating an increased revenue status that improves credibility in the corporate world. This means that having an effective leadership generates a positive change within the corporate structure of the company. Respecting the house rules as well as the provisions provided by either national or international regulating agencies engages in a harmonious corporate structure to protect and safeguard that interest of the public. The ethical consideration of the corporate world is adapting to diversity applicable towards employees and consumers. In the corporate world, basic human rights are always waived to all stakeholders because it values the integrity of every human being while transacting and rendering the services of the institution. This involves respecting the race, the gender, sexual orientation, ethnicity, social class, educational attainment, and age. In this case, the corporate world values the integrity of every individual by means of preventing actions against racism, hate speech, and discrimination of any actions made by its employees or a company. Respecting the rights of anyone is a major goal of the corporate world to sustain and implement its morality and ethical values. At the end of the day, a company influences the interest as well as productivity by means of engaging in a humane way of operating the company to both local and international markets (Churchland, 2011). Reference Churchland, Patricia Smith (2011).  Braintrust: What Neuroscience Tells Us About Morality. Princeton University Press. pp.  7–9.  ISBN  978-0-691-13703-2.

Physiology and Function Essay Example | Topics and Well Written Essays - 250 words

Physiology and Function - Essay Example This condition is tied to deficiencies in the production of red blood cells in its key factory, the bone marrow, and can be caused by a number of factors, including kidney disease in chronic form, cancer, and rheumatoid arthritis, even as some forms of anemia, such as sickle cell anemia, can be passed on from parent to offspring (ADAM, 2012). Basophils: Basophils are a type of white blood cells in the human body (Childrens Hospital and Health System, 2012). As a white blood cell type, its function basically revolves around protection of the body from infections and diseases. This is done via basophils eating up invading pathogens. Their cytoplasmic contents include grain-like substances, and basophils in general have a dark purple to black hue in Wright stains (MedFriendly, n.d.). Eosinophils: Eosinophils are likewise a type of white blood cells in the human body (Childrens Hospital and Health System, 2012). It is also disease and infection fighting. While they are beneficial in attacking foreign bodies, they can cause disease in large amounts, including asthma, and parasitic diseases (MedicineNet, 2012). Erythrocytes: Erythrocyte is another term for red blood cells, and in general, as already discussed above, erythrocyte are involved in oxygen transport throughout the body, emanating from the lungs. They also are the carriers for carbon dioxide. (Childrens Hospital and Health System, 2012). Normal erythrocytes are biconcave, yellow in color, and has in it the hemoglobin oxygen carriers. Abnormal types include basophilic and hypochromic erythrocytes, the latter a condition where red blood cell counts are lower than normal, healthy values (Saunders,

Talent Planning in Operation of Business Coursework

Talent Planning in Operation of Business - Coursework Example It will also devise an induction plan covering important areas of management, timelines, and the roles of persons involved, as well as an induction programme for the new Manager’s first three months. The Queensland University of Technology has produced a document on Developing Workplace Induction, from which the Committee has borrowed some purposes and benefits of induction. These are to provide information, resources, and motivation for new employees. Information on the company’s policies, goals, and values, are vital during an employee’s first three months. These can aid the development of self-confidence and loyalty towards the company. Resources, such as a comfortable working environment, materials, tools, and personnel to assist the new employee, would be prepared beforehand. Without those resources, the employee could not reasonably function effectively or efficiently. Persons with whom he can liaise and consult for any clarification, greatly assist the employee to develop a sense of belonging. This will motivate him to seek training and contribute to the growth of the company. As the employee becomes confident that he has joined the right company, a good rapp ort is likely to develop among himself, his supervisor, and his colleagues. They can learn from him, he can adopt the company’s culture, and so the entire organization benefits in the end. The main purpose of developing an induction plan, and involving each department, is that the document can be a guide for the new employee. Feedback from department members is therefore very important. The Plan should allow the new member to practice new skills and use the new information gained. It should, therefore, have timelines for working, training, and assessment. Long before the employee arrives, the person who will greet, welcome, introduce him to colleagues, provide the training manual, and explain basic job functions on his first day, should all be in place. During his first month, a supervisor  should maintain contact, explaining rules, expanding training, assessing performance, and providing feedback on strengths and weaknesses.  

Physical Activity at School Is Important Essay Example for Free

Physical Activity at School Is Important Essay Physical activity is important in many various ways. Aim for 30 minutes of physical activity a day on most days of the week. Your activity can be spread out through the day. Try for 10 minutes at a time, but even a few minutes’ counts. A big reason physical activity important is having strong bones. Another big reason is having a healthier heart and lungs. Another reason physical activity is important is because everybody needs a lot of energy. All three of these reasons are important in our everyday lives. My first reason is you get stronger bones. Having stronger bones is one of the main reasons of physical activity and its importance. A personal experience that has happened to me is that my uncle never exercised and got osteoporosis. Exercising just a few minutes each day will gain you stronger bones. Every minute counts. Want muscles? Exercise at least 30 minutes’ each day for a long period of time I guarantee you results. My second reason is having a healthier heart and lungs. This is also one of the main reasons of physical activity and its importance. A personal experience I’ve gone through is that my grandpa died from chronic disease. Try keeping your heart and lungs extremely healthy. Avoid heart disease and acute disease. Nobody likes that. Live a long and healthier life. My third and final reason is having more energy. More energy throughout the day is magnificent. A personal experience that I’ve gone through is having no energy. Exercising allows more energy to flow through your body and be more enthusiastic during the day. In conclusion I believe physical is important in various ways. One reason is because you maintain stronger bones. Another reason is because you get a healthier heart and lungs. And the last reason is you get more energy. This content has shown most of the important reasons of why physical activity is important.

symbolaw Symbols and Symbolism - Birds as a Symbol in The Awakening Es

Birds as the Symbol of Bondage and Freedom in The Awakening Birds that are enclosed in cages indicate solitude and bondage; those that roam in the open air above the seas represent freedom and happiness. The captivity or freedom of these animals is the symbolism that Chopin uses to illustrate the captivity Edna experiences from society and the freedom she desires.   Through this vivid bird imagery in her novel The Awakening, Chopin elucidates the struggle and freedom Edna encounters. From the beginning of the novel, the author supplies bird imagery to represent captivity and solitude. The "green and yellow parrot, which h[angs] in a cage outside the door [of Madame Lebrun's home], ke[eps] repeating over and over: 'Allez vous-en,' [come in]" (43).   The pleas of the parrot parallel with those of Edna, a desire for communication. She longs for a companion to whom she can pour her heart and soul into, without being reminded of the restrictions and cares of Victorian society; a relationship that she did not have with her husband, but with Robert. Though E... symbolaw Symbols and Symbolism - Birds as a Symbol in The Awakening Es Birds as the Symbol of Bondage and Freedom in The Awakening Birds that are enclosed in cages indicate solitude and bondage; those that roam in the open air above the seas represent freedom and happiness. The captivity or freedom of these animals is the symbolism that Chopin uses to illustrate the captivity Edna experiences from society and the freedom she desires.   Through this vivid bird imagery in her novel The Awakening, Chopin elucidates the struggle and freedom Edna encounters. From the beginning of the novel, the author supplies bird imagery to represent captivity and solitude. The "green and yellow parrot, which h[angs] in a cage outside the door [of Madame Lebrun's home], ke[eps] repeating over and over: 'Allez vous-en,' [come in]" (43).   The pleas of the parrot parallel with those of Edna, a desire for communication. She longs for a companion to whom she can pour her heart and soul into, without being reminded of the restrictions and cares of Victorian society; a relationship that she did not have with her husband, but with Robert. Though E...

Developmental Psychology and Children Essay

1.1 An explanation of the legal status and principles of the relevant Early Years Framework and why the early years frameworks emphasise a personal and individual approach to learning development. The department of Education have issued a statutory Framework for Nursery settings, known as the Early Years Foundation Stage. The framework sets the legal requirements for the care of young children relating to Learning, Development and Welfare. The EYFS framework sets the UK standards for learning, development and care for children from birth to five. The curriculum is built around four principles: 1.A Unique Child 2.Positive Relationships 3.Enabling Environments 4.Learning and Development To give a basic understanding of the four principles, I will explain them below: A Unique Child You should focus on how children develop and recognise they are all different, but should be treated equally. Positive relationships and good communication are vital. Children need to learn about risks and safety, how to make good choices and how to stick to boundaries. Positive Relationships The theme is about children learning to manage their feelings and build relationships. You should respect all kinds of families and aim to develop a positive two-way relationship with parents. You will support, listen and work with the children to help them learn.Have a nominated key carer for each child to ensure they have the opportunity of building a close relationship and are well monitored during their time with you. Enabling Environments Plan and check on each child’s progress and make every attempt to involve parents and the local community. Ensure that inside and outside spaces of the nursery are safe, interesting and engaging. Learning and Development Focus on ensuring young children learn through play and exploration, with support for each individual. You should encourage children to develop imagination, to get actively involved in learning and to make decisions. Make every attempt to develop children’s creative and critical thinking, balancing the need for both the children and adults to lead the learning. Always work towards the following specific goals to help keep within the framework: †¢Personal, Social and Emotional Development, helping to build confidence, concentration, independence and respect. †¢Communication, Language and Literacy, developing speaking and listening skills and beginning to read and write. †¢Problem Solving, Reasoning and Numeracy, focusing on number work, mathematical ideas and thinking. †¢Knowledge and Understanding of the World, helping children investigate and think about their place in the world. †¢Physical Development, relating to developing physical skills and understanding. †¢Creative Development, centred around building children’s imagination. †¢Welfare, ensuring we are all aware of our responsibility for children’s welfare. We will look after your child properly and help them to stay healthy. We also ensure the Red House is a safe and positive place for children

Case Study Barings

Summary: One of the most infamous tales of financial demise is that of Barings Bank. Trader Nick Leeson was supposed to be exploiting low-risk arbitrage opportunities that would leverage price low rage differences in similar equity derivatives on the Singapore Money Exchange (Simex) and the Osaka exchange. In fact, he was taking much riskier positions by buying and selling different amounts of the contracts on the two exchanges or buying and selling contracts of different types.Thanks to the lax attitude of senior management, Leeson was given control over both the trading and back office functions. As Leeson's losses mounted, he increased his bets. However, after an earthquake in Japan after caused the Nikkei Index to drop sharply, the losses increased rapidly, with Leeson's positions going more than $1 billion into the red. This was too much for the bank to sustain; in March of 1995, it was purchased by the Dutch b bank ING for just one pound sterling.Overview: Barings Bank had a lo ng history of success and was much respected as the UK's oldest d merchant bank. But in February of 1995, this highly regarded bank, with $900 million in capital, was bankrupted by $1 billion of unauthorised trading losses. In 1993, Nick Leeson was appointed general manager of the bank's Barings Futures subsidiary appointed in Singapore. In this capacity, he was able to conceal his unauthorised trading activities for over a year because he managed both the trading and back office functions.The senior managers at a Barings came primarily from a merchant banking background and knew very little about trading. Even in the face of large profits, which should have tipped management off to the fact that substantial risks were being taken, they continued to believe that Leeson held matched Leeson positions on the Singapore International Monetary Exchange (Simex) and the Osaka exchange, and hence was making a low-risk profit. low In fact, Leeson was trading derivatives contracts on the two e xchanges that were, in some cases, of different types and, in some cases, in mismatched amounts.For example, Leeson rent executed a trading strategy known as a â€Å"straddle,† with the objective of making a profit by selling put and call options on the same underlying financial instrument, in this case, the Nikkei th 225 Index. A straddle will generally produce positive earnings when markets are stable but can result in large losses if markets are volatile. Leeson created an error account numbered 88888 as a holding area for any premiums or losses that he made. Leeson claims that he initially opened the account to conceal a single loss of e. 0,000 pounds sterling that had resulted from an accounting error until he could make up the difference through trading. However, he continued booking various losses into the account and also continued to increase his volume of trading and level of risk taking. Leeson took unauthorized speculative positions primarily in futures linked to the Nikkei 225 and Japanese government bonds (JGB) as well as options on the Nikkei. He hid his trading in an unused BSS error account, number 88888. Exactly why Leeson was speculating is unclear.He claims that he originally used the 88888 account to hide some embarrassing losses resulting from mistakes made by his traders. However, Leeson started actively trading in the 88888 account almost as soon as he arrived in Singapore. The sheer volume of his trading suggests a simple desire to speculate. He lost money from the beginning. Increasing his bets only made him lose more money. By the end of 1992, the 88888 account was under water by about GBP 2 million. A year later, this had mushroomed to GBP 23 million.By the end of 1994, Leeson's 88888 account had lost a total of GBP 208 million. Barings management remained blithely unaware. On February 23, 1995, Nick Leeson hopped on a plane to Kuala Lumpur leaving behind a GBP 827 million hole in the Barings balance sheet. As a trader, Leeso n had extremely bad luck. By mid February 1995, he had accumulated an enormous position—half the open interest in the Nikkei future and 85% of the open interest in the JGB future. The market was aware of this and probably traded against him.Prior to 1995, however, he just made consistently bad bets. The fact that he was so unlucky shouldn't be too much of a surprise. If he hadn't been so misfortunate, we probably wouldn't have ever heard of him. Traders sometimes speculate without authorization. Presumably, a few are able to cover their tracks. Others are caught. When they are caught, they are fired, and their employer eats the loss. Usually, neither the trader nor his employer has any interest in publicizing the incident. Leeson made headlines precisely because he was so unlucky.By the time he was discovered, he had bankrupted his employer. Publicity was unavoidable. What is amazing about Leeson's activities is the fact that he was able to accumulate such staggering losses w ithout Barings' management noticing. As Leeson lost money, he had to pay those losses to SIMEX in the form of margin. Leeson needed cash. By falsifying accounts and making various misrepresentations, he was able to secure funding from various companies within the Barings organization and from client accounts.His misrepresentations were flimsy at best. For example, he claimed that he needed funds to make margin payments on behalf of BSS clients, and he gave a technical argument related to how the SIMEX collected margin as justification. This claim was false. It was actually against SIMEX rules for a broker to post its own money as margin for a client. Even if the claim were true, the funds would have been needed only temporarily—until the client could make payment. Instead, Leeson continued to ask for ever more funding.Leeson increased the size of his open positions even as his losses increased due to volatility in the markets. When an earthquake in Japan caused a steep drop i n the Nikkei 225 equity index , however, Leeson's unauthorised trading positions suffered huge losses and his operation unravelled. On March 3, 1995, the Dutch bank ING purchased Barings for 1 pound sterling, providing the final chapter in the story of the 223-year-old bank that had once helped the United States to finance the Louisiana purchase.The beginning of the end occurred on January 16, 1995, when Leeson placed a short straddle (an options trading strategy) in the Singapore and Tokyo stock exchanges, essentially betting that the Japanese stock market would not move significantly overnight. However, the Kobe earthquake hit early in the morning on January 17, sending Asian markets, and Leeson's investments, into a tailspin. Leeson attempted to recoup his losses by making a series of increasingly risky new investments, this time betting that the Nikkei Stock Average would make a rapid recovery.But the recovery failed to materialize, and he succeeded only in digging a deeper hole . Realizing the gravity of the situation, Leeson left a note reading â€Å"I'm Sorry† and fled. Losses eventually reached ?827 million ($1. 4 billion at then-prevailing exchange rates), then prevailing twice the bank's available trading capital. This led to the bank's collapse. After fleeing to Malaysia, Brunei and finally Germany, Leeson was arrested and extradited back to Singapore on March 2, 1995. While he had authorization for the January 16 short straddle, he was charged with raud for deceiving his superiors about the riskiness of his activities and the scale of his losses, although some observers (and Leeson himself) have place much of the placed blame on the bank's own deficient internal auditing and risk management practices. Sentenced to six and a half years in jail in Singapore, he was released from prison in 1999, having been diagnosed with colon cancer, which he has survived despite grim forecasts at the time. While in despite prison, in 1996, Leeson published an autobiography, Rogue Trader, detailing his acts.There may be a temptation to view this debacle as being caused by just one individual – the â€Å"rogue trader† – but in reality the fiasco should be attributed to the underlying structure of the firm, and particularly to the lack of internal checks and balances. Events: 1993: Nick Leeson becomes general manager of Barings Futures (Singapore), running the bank's Simex (Singapore International Monetary Exchange) activities. January 1994: By this date (at the latest), Leeson started selling put and call options on the Nikkei 225 equity index, placing the premiums earned into an error account number 88888.This strategy, known as a straddle, is essentially a bet on the stability of market prices. 24 February 1994: A memorandum from the Barings' asset and liability committee values the 4 options portfolio at 2. 8 billion yen. July 1994 – August 1994: James Baker, an internal auditor, spends two weeks in Singapor e investigating the immense profits being made there. Baker identifies the weakness of internal controls and recommends that the general manager should no longer be responsible for the back office.In response, a separate financial manager in Hong Kong is given part part-time responsibility for watching over the back office. ng August 1994: In an attempt to better evaluate its overall risk, Barings sets up an integrated Group Treasury and Risk function, reporting to a new asset and liability committee (Alco). December 1994: A later Barings investigation reveals that, for unknown reasons, Leeson has run up an accrued loss amounting to Y7. 7 billion on the account by the end of 1994. 23 January 1995: The Nikkei 225 drops by 1000 points after an earthquake hits Japan's industrial heartland. 6 January 1995: The London futures team gives Barings' Alco Committee a presentation on the Baring Futures (Singapore) operation, which states that Leeson is operating a perfectly perfectl matched bo ok – long in Osaka, but short to the same amount on Simex. 8 February 1995: Coopers & Lybrand decides to hold off signing off on Barings' accounts until it becomes possible to clear up a few points with Leeson. 23 February 1995: At close of trading, the error account contains 55,399 Nikkei contracts trading, expiring in March and 5640 expiring in June.As of February 25, this totalled a loss of 59 billion yen on Simex. 24 February 1995: The Barings Board meets to discuss a hastily prepared analysis of the hastily-prepared transactions in Account 88888. March 1995: The Dutch Bank ING agrees to purchase Barings for 1 pound and assume all of its liabilities (Bull, 1995). Lessons to be Learned: Lack of internal checks and balances Even when segregation of duties was suggested by internal audit, the concentration of power in the Leeson's hands was scarcely diluted. Lack of understanding of the business.If Barings' auditors and top management had understood the trading business, the y would have realised that it was not possible for Leeson to be making the profits that he was reporting without taking on undue risk, and they might have questioned where the money was coming from. Arbitrage is supposed to be a low risk, and hence low profit, business, so Leeson's large m. profits should have inspired alarm rather than praise. Given that arbitrage should be cash cashneutral or cash-rich, additional alarms should have gone off as the Bank wired hundreds of rich, millions of dollars to Singapore.Poor supervision of employees Although Leeson had never held a trading license prior to his arrival in Singapore, there was little oversight of his activities and no individual was directly responsible for monitoring his trading strategies. Lack of a clear reporting line Leeson's fraud may have been facilitated by the confusion caused by two reporting lines: one to London, for proprietary trading, and another to Tokyo for trading on behalf of customers. customer Allikas: http ://www. erisk. com/Learning/CaseStudies/ref_case_barings. asp Kusimused:1. Millist kauplemisstrateegiat Nick Leeson oma ulemustele teadaolevalt kasutas? Kuidas selle strateegiaga teoreetiliselt raha on voimalik teenida? 2. Millist kauplemisstrateegiat Nick Leeson tegelikult kasutas? Kuidas selle strateegiaga teoreetiliselt raha on voimalik teenida? 3. Mis on back-office funktsioonid? 4. Mis sundmus sai Barings pangale saatuslikuks? Mis selle tulemusel juhtus Leesoni positsioonidega? 5. Mis olid pohjused (mida tehti valesti), et kaesolev Baringsi case sai uldse juhtuda (5 pohjust)? 6. Milliseid eetilisi noudeid Nick Leeson oma tegutsemisega rikkus ning kuidas oleks tulnud korrektselt kaituda?

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buy custom Solar Energy essay Introduction In the recent past solar energy, solar heat and radiant light from sun is being harnessed by man with the aid of a range of rapidly-evolving technologies. The radiation from the sun, together with other secondary solar-propelled resources like the wind and, hydroelectricity biomass and wave power, to a great extent account for most of the abundant renewable forms of energy on earth. Despite this, only a minute percentage of the solar energy is harvested. Solar energy is primarily the use of radiation from the sun to meet practical ends. Taking a closer look, it is clear that all forms of renewable energies, with the exception of tidal and geothermal energies, derive their power from the sun. This paper seeks to establish the various ways in which the solar energy is harvested and put into use to ensure that it yields more appealing energy results. It will look into the various ways in which it has been used and identify other ways in which it can be better applied and subsequently im proved. Solar technologies are generally categorized into either active or passive. This assumption is reached at depending on the means they distribute, convert and capture sunlight. For active solar techniques there are rampant use pumps, fans, and photovoltaic panels in the conversion of sunlight into more useful outputs. On the other hand, passive solar techniques involve selecting items with optimum designing spaces, thermal properties which naturally circulate air, and regarding the position of a foundation to that of the Sun. Active solar technologies result to increment in the supply of energy and are recommended to be excellent supply side technologies, contrary to this, passive solar technologies decrease the necessity of alternate resources and hence are considered to be demand side technologie (Prakash Garg 67). . The solar energy harvested has been used in different areas in the economic sectors across the world. It has facilitated the development and advancements in technologies both in business and scientific areas. Solar power has been used in architecture and subsequent urban planning where sunlight has affected building designs ever since the start of architectural history. The most common characteristics of passive solar architecture are relative orientations to the Suns position, the compact proportion (lower surface area to volume ratio), overhangs (selective shading) and most importantly thermal mass (Behrman 34). In cases where such elements are tailored to suit the local environment and climate, they are able to produce properly-lit areas which remain in an appealing temperature range. Solar energy has also been used in thermal technologies where its application has been used for space cooling, space heating, heat generation and process water heating. This has ensured that an alternative source of energy has been developed and to a great extent reduced the chances of environmental degradation due to use of other forms of material to produce energy (Sukhatme 170). Solar energy has also been used to make solar cookers which use sunlight for pasteurization, drying and cooking. These solar cookers can be classified into three major categories: reflector cookers, panel cookers and box cookers. Panel cookers make use of a reflective panel to guide sunlight rays onto a properly insulated container and attain temperatures comparable to that of box cookers. Similarly, reflector cookers use different concentrating geometries (trough, Fresnel mirrors, and dish) to direct light on a given for container cooking purposes. Hybrid solar lighting can also be used to diversify the use of solar energy in the day to day activitiess of man. Hybrid solar lighting is basically an active solar technique of availing interior illumination. HSL systems gather sunlight rays with the use focus mirrors which track the Sun and apply optical fibers in transmission of the same into a building to act as a supplement to the already existing conventional lighting. In applications involving single-stories, the systems have the capability of transmitting up to 55% of the sunlight received directly (Anderson 132). Solar distillation can also be explored to enhance improvement procedures in the use of solar energy. Solar distillation can be applied in the making of brackish water or saline potable. The stills are in a position to operate in hybrid, active, or passive modes. The use of double-slope stills is the most economical for domestic purposes that are decentralized; similarly, active units (multiple effects) are better s uited for large-scale scientific application. This venture is a great stepping stone towards total solar energy utilization as innovation is allowed to thrive freely and independent opinions put against the grid for thorough scrutiny (Brezet 453). In most of the solar harvesting plants, solar chemical processes need solar energy to propel chemical reactions. The same processes offset energy which could otherwise be attained from an alternate means and can divert solar energy to storable and transportable forms such as fuels. Solar aided chemical reactions are be divided into photochemical or thermo chemical. A range of fuels are produced by way of artificial photosynthesis. This multi electron catalytic chemical reaction involved in producing carbon-based fuels like methanol from the subsequent reduction of carbon dioxide is quite difficult. With the use of solar energy, these chemical reactions are eased and energy can now be stored in various other forms for later consumption. Buy custom Solar Energy essay

Using Shelve to Save Objects in Python

Using Shelve to Save Objects in Python Shelve is a  powerful Python module for object persistence. When you shelve an object, you must assign a key by which the object value is known. In this way, the shelve file becomes a database of stored values, any of which can be accessed at any time. Sample Code for Shelve in Python To shelve an object,  first import the module and then assign the object value as follows: import shelve database shelve.open(filename.suffix) object Object() database[key] object If you  want to keep a database of stocks, for example, you could adapt the following code: import shelve stockvalues_db shelve.open(stockvalues.db) object_ibm Values.ibm() stockvalues_db[ibm] object_ibm object_vmw Values.vmw() stockvalues_db[vmw] object_vmw object_db Values.db() stockvalues_db[db] object_db A stock values.db is already opened, you dont  need to open it again. Rather, you can open multiple databases at a time, write to each at will, and leave Python to close them when the program terminates. You could, for example, keep a separate database of names for each symbol, appending the following to the preceding code: ## assuming shelve is already imported stocknames_db shelve.open(stocknames.db) objectname_ibm Names.ibm() stocknames_db[ibm] objectname_ibm objectname_vmw Names.vmw() stocknames_db[vmw] objectname_vmw objectname_db Names.db() stocknames_db[db] objectname_db Note that any change in the name or suffix of the database file constitutes a different file and, therefore, a different database. The result is a second database file containing the given values. Unlike most files written in self-styled formats, shelved databases are saved in binary form. After the data is written to the file, it can be recalled at any time. If you want to restore the data in a later session, you re-open the file. If it is the same session, simply recall the value; shelve database files are opened in read-write mode. The following is the basic syntax for achieving this: import shelve database shelve.open(filename.suffix) object database[key] So a sample from the  preceding example would read: import shelve stockname_file shelve.open(stocknames.db) stockname_ibm stockname_file[ibm] stockname_db stockname_file[db] Considerations With Shelve It is  important to note that the database remains open until you close it (or until the program terminates). Therefore, if you are writing a program of any size, you want to close the database after working with it. Otherwise, the entire database (not just the value you want) sits in memory and consumes computing resources. To close a shelve file, use the following syntax: database.close() If all of the code examples above were incorporated into one program, we would have two database files open and consuming memory  at this point. So, after having read the stock names in the previous example, you could then close each database in turn as follows: stockvalues_db.close() stocknames_db.close() stockname_file.close()

Abortion Essay Example | Topics and Well Written Essays - 750 words - 16

Abortion - Essay Example The focus in the essay "Abortion" is on this operation that allows a woman to put an end to a human life. Abortion gives a woman the right to terminate a pregnancy if she feels that she is not in a position to give birth to a child owing to emotional, psychological, social, medical or financial reasons. There are people who say that abortion is immoral and should be made illegal because it violates the rights of a fetus (Maguire 155). These people believe that actually speaking human life does not begin at birth, but it begins right from the time when two people conceive a fetus. Hence, a fetus is as much a human as any other individual. Thereby, by the virtue of being a human, a fetus does have the right to life and aborting a fetus deprives it of the right to life (Maguire 155). So women should not be allowed to have an abortion and if possible, abortion should be made illegal. However, on a closer analysis, one finds that this line of argument is also utterly wrong and faulty. Even if one assumes that a fetus is a human and has the right to life, the rights of an unborn fetus could not be given precedence over the rights of a woman who carries that fetus. No individual can be given a right over another individual’s body. Hence, it would be logical to say that a fetus does not have the right to occupy a woman’s body and to draw sustenance from her body, against her wishes and desires. Therefore, the right to life of a fetus is subject to the will and intentions of the woman that carries that fetus.