The Australian stock exchange essays

The Australian stock exchange essays This assignment will briefly outline the purpose of the Australian Stock Exchange and its duties and what it does to ensure that the Australian share market runs smoothly. It will also explain why the overseas stock exchanges can have such a great effect on the Australian Stock Exchange The Australian Stock Exchange (ASX) was formed in 1987 when six independent stock exchange companies merged together. The ASX started of as being a mutual organization of stockbrokers and state stock exchanges. But in 1988 they issued shares to be sold on their own market. The Australian Stock Exchange is now a public listed company. The ASX is Australias national stock exchange. It operates two share markets. The Primary market where companies first issue shares at certain prices to be invested in. And the Secondary Market where shares are traded daily the prices on the secondary market are determined by demand and supply. It is the ASXs duty to ensure that these markets are efficient, free and fair for all buyers and sellers. The ASX preforms many roles to ensure this. It regulates the markets by setting listing rules which the registered companies must abide by in order to list and keep their company listed. This allows Companies and trusts to issue shares to the public for in order to raise capital. This enables companies to expand of set up new businesses. There are around 1,483 companies currently listed on the ASX. The shares issued by these companies are brought and sold by the general public wishing to invest to receive short or long-term gain. The shares are traded daily through a broker. The ASX provides an electronic trading system so no physical trading needs to be done. This electronic system is called Stock Exchange Automated Trading System (SEATS). Although before SEATS was introduced in 1987 ASX had a trading floor where people wanting to buy or sell would go. Overseas Stock exchange markets greatly influence...

Critically analyse the social and spatial processes whereby a selected Essay

Critically analyse the social and spatial processes whereby a selected group becomes marginalised or excluded from society - Essay Example If the laws written in the books are to be followed, then there should not be marginalisation against the poor. Unfortunately though, the laws only seem to remain paper work as actual marginalisation against the poor takes place in everyday life. In this essay, there shall be the critical analysis of the various ways in which poor people are commonly discriminated against in society, leading a sense of marginalisation against them. Most importantly, ways of bridging the gap of marginalisation shall be reviewed. The review is expected to serve the purpose of not just laying the facts bear but going a step further to ensure that the paper becomes of significant essence to the marginalised poor such that the poor shall be in a position to live a normal life – the kind that is written in books. Marginalisation and Social Exclusion as a Process Marginalisation is a complex â€Å"process whereby certain groups suffering deprivation are pushed to the edge of society where they have little say in decision making and are denied the means to improve their position† (Combat Poverty Agency, 2002). Marginalisation and social exclusion is not an event but a process. ... al terms in social relationships in economic, social, cultural or political arenas.† As a process therefore, social exclusion and marginalisation involves a whole lot of components that entails social, economic, political or cultural acts of discrimination. Factors constituting Marginalisation against the Poor Spatial Inequalities Terms such as ‘rural’ and ‘urban’ are not leaving our group of vocabulary any time soon. It is common knowledge that the poor is associated with the rural settlement whereas the urban is for the rich and well to do. Instead of distrusting developmental resources and agenda equally to bridge the gap between the poor and the rich, governments continue give so many premiums to the welfare of the rich, providing them with social amnesties and facilities that are needed to make life easier and good. As if the poor is destined to live a difficult and bad life, rate of development between the rural and urban centres creates such a w ild gap that marginalisation is braided. In this regard, the Governance and Social Development Resource Centre (2011), notes that â€Å"spatial inequalities include disparities between rural and urban areas, and also between geographically advantaged and disadvantaged areas.† This means that any act that tries to segregate the poor from the rich through geographic divisions, giving advantage to one of the groups over the other constitutes spatial inequality of spatial marginalisation. As agents for change, political leaders are expected to put in place structures that bridge the gap between the rich and poor rather than widening the gap. Through gradual activities and developmental programs that tend to raise the quality of living in urban centres however, a halo of marginalisation tends to be created against the

Information Technology Assignment Example | Topics and Well Written Essays - 750 words

Information Technology - Assignment Example They are only sent by the agent to the manager entity. It is also in the unconfirmed class whereby operations are not acknowledged (Mauro, 2005). 3. It does not have a presentation layer (Goshima, 2011). Machine architecture simply means modes by which data and information is stored and represented in computers, circuits and the CPU. Bits, which are binary digit, are the basic unit for storage and presentation of information in the machine. They operate in two ways, either false or true, which are in the form of 0s or 1s. Characters and integers representation in computers are all represented by a sequence of binary digits. The presentation layer is used to compress, translate, and encrypt data to the required form, so it is responsible for data displaying and managing how data is presented to the application level from the lower levels. In the internet, data sources through the application layer, are represented by unique numeric number called internet protocol addresses. Each machine or computer connected to the internet, is assigned its own IP address to use in a computer network, therefore, forming a sharing ability of available resources and information. When one of the computer s needs to access some information, the user will enter the documents name, but the machine will automatically convert it into an address that will enable the machine to identify the document. This way of representing data creates web pages, location of files and authentic sources, sending of emails and proxy availability (lammle, 2011). 4. Lastname::=OCTET STRING {weight, 277} Weight::= INTEGER {lastname, â€Å"greg†} 3 2 2 2 g e r g 4 4 Combining the two, weight and name, we will establish a set that has both the integer and the IA5string. Set is a collection of one or more types and is represented by a â€Å"31 14† in the encoding rules. G r e g 04 71 82 69 71 In BER encoding using hexadecimal like in the word

Market Structure Research Paper Example | Topics and Well Written Essays - 2250 words

Market Structure - Research Paper Example PERFECT COMPETITION: Firms operating under perfect competition essentially rest upon four primary assumptions, the first of which is that since there are several firms operating under this model the significance of their output from a perspective of the entire industry supply is unimportant which means that such firms do not have the capability to influence the price of the product, therefore, at the market price perfect competition firms are said to experience perfectly elastic demand. Henceforth, this phenomenon postulates that perfect competition firms are price takers (Mankiw, 2011). The second assumption of the model of perfect competition relates to the freedom of entry into the industry or whether there is existence of any barriers to entry or exit. In this scenario, new firms do not face any lack of restrictions if they wish to enter the industry, however, the concept of freedom of entry is said to be applicable in the long-run owing to the period it takes to establish an org anization (Sloman, 2006). A fundamental assumption of the model relates to product homogeneity within the industry, this concept is based upon the idea that all businesses supply products that are identical (Sloman, 2006). Lastly, it is supposed that buyers and sellers have perfect knowledge regarding the market such as price, quality and costs. The profit maximizing output of the firm occurs at the intersection of Marginal Cost and Marginal Revenue where, MC = MR (Sloman, 2006). Therefore, when P = MC firms in perfect competition are economically efficient, where allocative efficiency occurs when consumer as well as producer surplus is at its maximum and productive efficiency occurs because the firm’s equilibrium output in the long-run is established where the businesses’ average cost is the least. The quantity of firms in the short run varies as firms leave or come into the industry, if it is understood that the costs of the firms experience no change the exit of som e firms will lead to generation of abnormal profit or supernormal profit where AR>AC. In the long-run however, the attraction of abnormal profits will cause firms to enter the industry because of no barriers to entry or exit thereby, bringing the state of the market back to equilibrium at a point on the LRAC curve which is the least, causing firms to make normal or zero economic profit such that the long-run equilibrium occurs where P = AR = LRAC = LRMC = MR (Stanlake & Grant, 2000). Due to obvious factors relating to the model of perfect competition it can be concluded that most firms are not audacious in terms of taking risks. The instability of demand therefore, causes perfectly competitive firms to diversify which leads to intra-industry trade and if the condition of elastic demand is fulfilled such exchange of identical commodities on an international scale proves to be beneficial for both the countries and firms involved (Cukrowski & Aksen, 2003). Hypothetically, the economic efficiency of perfectly competitive firms would indicate that government regulation is not required in such a model but in the short-run government intervention might be needed to control prices if firms are generating supernormal profits, however, the primary premise remains that in a perfectly competi

Suicide: Facts, Misconceptions, Causes, And Prevention :: Suicide Essays

A sixteen-year old boy sat in his fourth period class crying because he had just broken up with his girlfriend. As he sat there, he tried to think of a way to ease the pain in his heart of the whole situation. His only conclusion was to try and take his own life. This is an attempt of suicide, which was luckily stopped because of a note that he had given to his girlfriend describing his plans that she, in turn, had given to the Guidance Counselor of the school. The truth is that an attempt of suicide is not always the person’s fault, there are several factors, which are contributed to the cause of suicidal thoughts, or feelings that lead to suicidal attempts, and with various treatment methods these conditions can be controlled not necessarily eliminated. Suicide is the third leading cause of death among young people ages fifteen through twenty-five. After making that statement one would come to the conclusion that this age group is responsible for the most suicides, but that is not true the elderly ages sixty-five and older account for more then twenty-percent of all suicides. Considering on average eighty-four people die a day from suicide, that means, that there is an elderly person dying every ninety minutes from suicide, and fifty-four percent of all elderly suicides are committed with a firearm, but after saying that consider this that the elderly only account for thirteen-percent of the U.S. population, and suicide is the eighth leading cause of death among the U.S. population (SAVE). Sixty-percent of suicides among young people are committed with a firearm, and more young people die from suicide than cancer, heart disease, AIDS, birth defects, stroke, pneumonia, influenza, and chronic lung disease combined (Centers for Disease Control). There are plenty of misconceptions and myths, when it comes to understanding if someone is suicidal and if they already are what makes them that way. One myth is that someone who talks about suicide or jokes about it will not commit suicide. This is not true most of the time; someone who is going to commit suicide will give hints that they are going to do so. These hints are not necessarily as clear as we think they should be, but maybe that is because we are too ignorant to see the warning signs that are put right in front of our face.

Normative ethics Essay

1. Identify the facts that might give rise to ethical issues 2. Stakeholders that you would talk to in the task – you are the chief ethics officer (CEO) – describe company that you’re working in – IT related. As a CEO, come out with guidelines about the ethical use according to the scenario 3. any laws (maltese laws), if the scenario is not covered in laws (use laws of an EU country or any country) 4. identify the ethical issues – conflict between what it is that you’re supposed to be doing and what the law provides – if there is no law, that doesn’t mean that it is in favour of the law Everything up till now should be OBJECTIVE – nobody should assign any moral values to these issues. This isn’t an assignment about how you feel (not your opinion) – wasting words. Draft guidelines about ethical issues – focus on important guidelines 5. Define ethical theory – ethical egoism, virtue ethics u emm ohra (do not use!! ) – an umbrella theory – many subdivisions or else choose between two main theories. Use your own words to describe the ethical theory 6. Start the analysis. Explain what sort of priority. Why is it an ethical issue. What the outcome should be and why that outcome (longest section) 7. Point 7 and 8. If you were doing these in the real world†¦adjust the rules after some time†¦. define consequences 8. How you will implement feedback loop Stick to steps given. Break essay into these sections. Scenario 1 – read google agreements – provide URL of terms and conditions privacy policy – privacy and information lecture – ethical issue – EU has a position on it. Scenario 2 – game AI – your company has legal right to acquire that data – come up with guidelines for collection of samples – no. of companies providing information Scenario 3 – google glass – ex: when it is ethical when the glasses should be removed? when they sould be used? how? Come up with company – doesn’t have to be IT related comply with laws guidelines for ethical issues facts: how many companies in malta use google cloud, where google stores its data? as long as the subject cannot be identified, it is ethical consequentialism.

Alfred Sisley, French Impressionist Landscape Painter

Alfred Sisley (October 30, 1839 - January 29, 1899) was a French impressionist painter who straddled British and French national identification. Although he received far less praise than some of his contemporaries, he was one of the key artists who began the French impressionist movement. Fast Facts: Alfred Sisley Born: October 30, 1839 in Paris, FranceDied: January 29, 1899 in Moret-sur-Loing, FranceProfession: PainterSpouse: Eugenie LesouezecChildren: Pierre and JeanneArtistic Movement: ImpressionismSelected Works: The Bridge in Argenteuil (1872), Regatta at Molesey (1874), Barges on the Loing at Saint-Mammes (1885)Notable Quote: The animation of the canvas is one of the hardest problems of painting. Early Life and Training Born in Paris, France, the son of wealthy British parents, Alfred Sisley grew up and lived most of his life in France, but he never renounced his British citizenship. His father operated a business exporting silk and artificial flowers. Sisleys mother was extremely knowledgeable about music. In 1857, the parents sent young Albert to London to study for a career in commercial trade. While there, he visited the National Gallery and examined the work of the painters John Constable and J.M.W. Turner. In 1861, Albert Sisley returned to Paris, and a year later began art studies at the Ecole des Beaux-Arts. There, he met fellow painters Claude Monet and Pierre-Auguste Renoir. They frequently took trips to paint landscapes outdoors in an effort to realistically capture the changing impact of sunlight throughout the day. Sisley met Eugenie Lesouezec in 1866. Together, they had two children, Pierre, born in 1867, and Jeanne, born in 1869. Although they remained together until Eugenies death in 1898, they didnt marry until August 5, 1897. In 1870, due to the impact of the Franco-Prussian War, Sisleys fathers business failed. Sisley and his family lived in poverty for the rest of his life, surviving on the income from selling his paintings. The value of his works didnt increase significantly until after his death. The Seine at Point du Jour (1877). Hulton Fine Art / Getty Images Landscape Painter Camille Pissarro and Edouard Manet were primary influences on the style and subject matter of Albert Sisleys paintings. Pissarro and Manet were key figures who provided a bridge to the development of impressionism in the latter part of the 19th century. Sisleys primary subject was landscape painting, and he often depicted dramatic skies. The painting The Bridge in Argenteuil, painted in 1872, shows Sisleys primary interest in the landscape and architecture of the bridge despite the presence of strolling people in the painting. He boldly depicts the clouds in the sky and the rippling effect of waves in the water. The Bridge in Argenteuil (1872). Mondadori Portfolio / Getty Images Barges on the Loing at Saint-Mammes, painted in 1885, shows the bold colors created by the intense sunlight of a warm summer day. The reflections of the buildings along the beach are shown broken up by the movement of the water, and the eye is drawn through perspective to a railway viaduct in the distance. Friendship With Pierre-Auguste Renoir and Claude Monet Alfred Sisley became close friends with Pierre-Auguste Renoir and Claude Monet, two of the most prominent impressionists. The trio often painted and socialized together. Sisley was close enough to Renoir that the latter painted multiple portraits of Sisley both alone and with his partner, Eugenie. Albert Sisley painted by Pierre-Auguste Renoir. Yorck Project / Wikimedia Commons / Public Domain Sisley was never as prominent in the Paris art scene as his two close friends. Some observers theorize that is due to the fact that Sisley insisted on embracing both his French and British roots, straddling two cultures, while his better-known colleagues were French through and through. Later Career Constantly seeking a lower cost of living due to struggling to get by on his income from selling paintings, Sisley moved his family to small villages in the French countryside. Late in his career, he began focusing more intently on architecture as a subject in his art. An 1893 series of paintings focuses on a church in the village of Moret-sur-Loing. He also painted a series of depictions of the Rouen Cathedral in the 1890s. Barges on the Loing at Saint-Mammes (1885). Heritage Images / Getty Images Albert and Eugenie traveled to Great Britain for a final time in 1897. They married each other in Wales and stayed along the coast where Sisley executed nearly 20 paintings. In October, they returned to France. Eugenie died several months later, and Albert Sisley followed her to the grave in January 1899. To assist with the financial needs of the children Sisley left behind, his good friend Claude Monet arranged an auction of the artists paintings in May 1899. View of Fontainebleau Wood (1885). Mondadori Portfolio / Getty Images Legacy Alfred Sisley received little acclaim during his lifetime. However, he was one of the founding artists of French impressionism. His early paintings provide a link between the neo-impressionistic works of artists such as Edouard Manet, and key impressionists such as Claude Monet and Pierre-Auguste Renoir, both good friends of Alfred Sisley. Some also see Sisley as a rightful predecessor to the work with light and color in the paintings of Paul Cezanne. Source Shone, Richard. Sisley. Harry N. Abrams, 1992.