Institutions

2489 5491 2489 5491 How does your text communicate information and ideas about institutions and individual experience? Institutions consist of protest, compliance and enforcement. Sometimes institutions harm the individual and sometimes they affect the individual in a positive way. The two texts, Shawshank Redemption (film) and Scales of Justice (television drama), both demonstrate this well, through various techniques such as narrating throughout the films. Both texts are about institutions in the criminal justice system. The text, Shawshank Redemption, portrays institutions as having a negative impact on the individual.In particular, it focuses on the strict elements of institutional life within prisons. These include set routines and structures that must be followed by the inmates. Schedules are enforced. A bell rings, doors open, prisoners step out and line up for morning head count. Enforcement and compliance are essential in the institution. Throughout the film one of the main characters ‘Red† is narrating, this communicates a different perspective of the effect institutions have on individuals. He expresses this when he says, â€Å"I’m telling you,  these walls are funny. First you hate them.Then you get used to them. Enough time passes, it gets so you depend on them. That’s institutionalised. † This quote shows a negative impact institutions can have on an individual, instead of wanting to be back in society they become dependent on set routines. The film also communicates the idea that once an individual has been institutionalised for a certain period of time, it becomes almost impossible for them to adapt back into society when they are released from prison. One way this is communicated is by the inmate Brooks’ protest against leaving Shawshank.Brooks has been in Shawshank for an extended amount of time, prison life and routine is now all he seems to know. It becomes obvious to the audience that even he feels he will not be able to adapt back into society. So terrified of leaving prison, he threatens to stab a fellow inmate so that his sentence will be extended, allowing him to stay in Shawshank. This results in Brooks taking his own life when he is finally released, emphasising the earlier reflection made by Red that some individuals can no longer survive without the institutional way of life.Scales of Justice (Act 1) is about a young and eager probationary constable (Webber) who is graduating from the police academy and has started to work for a police station. The audience sees that he is quiet young and naive through techniques like him twirling his gun around his finger like a young boy would with a toy gun. However as the text progresses we are see that Webber goes through stages of being ecstatic about his new job and not being able to wait to help society as they are â€Å" a walking conscience†, and loving the â€Å"perks† of the job, for example getting discounts on things like food and a car.The audience begins to find that the police station is one that is quite corrupt. As Webber beings to realise this, we see that the institution is having a negative effect on him by killing his dreams of being a walking conscience of society. At first this just makes him a little uncomfortable, but when it comes to actually seeing the corruption first hand (finding the fur coat in his locker) it brings things into perspective for him. 2489 5491 2489 5491 For a few days, the Webber considers keeping the stolen fur coat, as he takes it home with him.This is an example of the institution affecting is once very strong and clear conscience, this is the institution having a negative effect on him. Eventually, the guilt of possessing stolen property becomes too much for Webber, and he turns the coat into the head sergeant. Webber confesses that Sergeant O’Rourke was the one who took it and placed it in his locker. This results in more corruption which l eads to Webber being dismissed from the police force.This is because the internal affairs investigator says Webber is lying and took the coat himself, when really the audience knows that he is dismissed because he turned on a fellow police officer. So in the end we see that being the â€Å"walking conscience† for society didn’t turn out so well for Webber. In conclusion, Shawshank Redemption and Scales of Justice; The Job, both communicate information and ideas about institutions and the individual experience. They both show the aspects of protest, enforcement and compliance within institutions and how the individual is affected through the institution, whether it is in a positive or negative way.

Determinants of Capital Structure in Pakistan Essay

Capital structure refers to the combination of asset financing from different available sources. Normally the companies have two choices, either to finance the assets from internal source that is termed as retained earnings or from external source that splits into debt and equity. A firm’s capital structure is than the composition of its liabilities. In reality, capital structure of firms may be highly complex and consist of number of sources. These sources start from the retained earnings and ends in hybrid securities. The source of funding a capital is also diversified into short term and long term financing. Modigliani-Miller theorem The thinking of capital structure was initiated by the Modigliani-Miller theorem, proposed by Franco Modigliani and Merton miller. They made two findings under perfect market conditions. Their first proposition was that the value of a firm is independent of its capital structure and the second proposition stated that the cost of equity for a leverage firm is equal to the cost of equity for an un-leveraged firm with addition of premium for financial risk. They extended their analysis by including the effect of taxes and risky debt. Under a classical tax system, the tax deductibility of interest makes debt financing valuable. It means the increase in proportion of debt in capital decreases the cost of capital. And eventually the optimal structure would have no equity at all. Later on it was revealed that the imperfections of real world must be the cause of capital structure relevance to firm value. The trade-off and pecking order theory try to address some of these imperfections, by relaxing the M&M assumptions. Trade-off theory Trade-off theory adds another variable called financial distress in the previous studies and explains that although there is an advantage of debt financing and that reaps from the tax benefit shield. But a time come when the high debt give birth to bankruptcy cost and when the optimal level of capital structure is exceeded than the marginal benefit from the tax shield become less attractive than the cost of financial distress occurred due to debt financing. Therefore there exist an optimal debt and equity combination and companies should follow this optimal level of debt and capital ratio. This ratio is similar within one industry but may be different for different industries. The missing point of this theory is that it doesn’t explain the difference in the optimal capital structure ratio of the same industry. Pecking order theory Pecking order theory tries to capture the costs of asymmetric information. That means the managers of a company has more and complete information about the company than investors. The theory states that company’s priorities their financing sources and prefer internal source of funding to external. The hierarchy of sources is such that whenever company needs new funds it tries to fulfill its requirement first from retained earnings than from debt and raise equity as last resort. The pecking order theory is famous by Myers & Majluf(1984) when they argues that equity is a less preferred means to raise capital because when managers issue new equity, investors believe that managers think that the firm is overvalued and managers are taking advantage of this over-valuation. As a result, investors will place a lower value to the new equity issuance. The capital structuring plays vital role in the long run financial decisions of the company. In this paper my focus is on debt financing decisions of the company. I have explored why the companies use this source and what are the factors that determine company’s capital structure decision. The capital structure was firstly discussed by Modigliani & Miller in 1958. Modigliani & Miller (1958), the theorem states that, in a perfect market, how a firm is financed is irrelevant to its value. Gay B.  Hatfield (1994), demonstrated that the firms which issues debt are moving toward the industry average from below, the market will react more positively than when the firm is moving away from the industrial average on the basis of this they classified firms leverage ratios as being above or below their industry average before announcing a new debt issue. They test whether this has an effect on market return for share holders and they have founded that the relationship between a firm’s debt level and that of its industry does appear to be of concern to the market. Laurence Booth(2001), finds whether capital structure decisions differ significantly between developing and developed countries or not? He collected data of 10 developing countries by the international finance corporation and use panel data technique for comparative analysis. They found that the variables that are relevant for explaining capital structures in the United States and European countries are also relevant in developing countries. Jorgensen & Tera(2003), stated that there are many, industrial, accounting, managerial and macroeconomic factors that affect the capital structure decisions. They used sample data of capital structure determinants of 700 companies for the Latin American economies for the period 1986-2000. The study concluded that firms are impacted by company fundamental and macroeconomic forces. Deesomsak, Paudya, & Pescetto(2004), explore about capital structure for the Asian pacific countries. The countries discussed in their study are Malaysia, Singapore, Thailand and Australia. The study explores that environmental and operational factors affect the decisions made for capital structure. The study also investigates that financial crisis of 1997 also affect the capital structure organizations. Shah & Hijazi(2004), investigate the performance of non financial firms for the Pakistan perspective. The observed variables for capital structure are debt ratio, size, growth, leverage and profitability. The results show that there is a positive relationship between size and leverage. The growth is negatively correlated to leverage and the study finds consistent relationship between profitability and leverage. Shah & Khan(2007), investigate the relationship between firm fundamental factors and leverage ratios for the period of 1994 to 2002. They used pool regression model to achieve their purpose. The findings show that earning volatility and depreciation variable are not correlated to leverage ratio. The agency theory is lead by growth factor and pecking order theory bear out by profitability variable. The trade off theory is lead by firm’s size. Daskalakisa & Psillaki(2008), investigate the small and medium firms of Greek and French industries for the period of 1998 to 2002. The similar factors of the firms are used in this study because the same capital structure is employed in these two countries. There is a negative relationship among asset structure, profitability and leverage. The study finds that growth of France industry is statistically significant compare to Greek industry market. The study argues that there are firm specific differences among the countries non country factors. Psillak & Daskalakis(2009) studied small and medium size firm’s performance. The capital structure determinants are size, growth, profitability and risk. The results show that small and medium entrepreneurs affect the performance in a same way. The study explore there is a positive relationship between size and leverage and a negative relationship among growth, profitability and risk factors. Dilek Teker(2009), investigate the fundamentals of the capital structure theories, they assumed determinants can be related to find out whether some priori assumed macroeconomic determinants can be related to leverage parameters of interest or not. For this purpose, they conducted an empirical research that covers 42 selected firms traded at the Istanbul Stock Exchange ISE-100 index. Following the developments in the contemporaneous estimation techniques that allow us to use time series and cross section data concurrently, the panel data methodology has been applied to the actual data to compute the leverage ratios for each firm within the time period 2000-2007. From this, they highlight the issue of what properties the leverage ratios have and to satisfy our interest about how can the macroeconomic determinants affect the leverage ratios under various groupings such as tangibility, size, growth opportunities, profitability and non debt tax shields. Our main results return on assets and tangibility of assets have a positive and statistically significant impact on the firm’s leverage ratio, while the ratio of total depreciation to total assets and profit margin on sales seem to have some negative and significant impacts on Firms’ leverage degree. Tugba Bas(2009), worked on determinants of capital structure of small and medium enterprises in emerging markets. They used pooled data for 25 countries obtained from World Bank enterprises survey and applied panel data OLS technique for analysis. They found that tangibility is inversely related with leverage hence opposite for small firms. Profitability follows the pecking order theory and is also negative related. Firm size and GDP growth has positive relation with leverage. Inflation has negative impact on the leverage but interest rates pose positive relationship. Shun-Yu Chen(2011), the purpose of this paper is, to present empirical evidence on the determinants of capital structure and firm value in a newly industrialized country. The firm characteristics are analyzed as determinants of capital structure according to different explanatory theories. The findings of this study suggest that firm size, profitability and asset structure can be considered explanatory variables of capital structure. The firm size, profitability and capital structure affect book value. So the determinants of market value are profitability and firm size. Furthermore the capital structure negatively affects market value in electronic firms, but does not affect market value in non-electronic ones.

Critical thinking Essay Example | Topics and Well Written Essays - 750 words - 6

Critical thinking - Essay Example He uses the church as a source to refer to the hard hearted in support of his position. The church through the ages has at times adopted the doctrine of compel violet, a kind of political dominants, a kind of cultural superiority, a means of political dominance. According to Aristotle the essence of happiness is prosperity combined with virtue. When someone is happy, that is when he or she can make many friends, build a family, make wealth, live long life, excel, have athletic powers and therefore good virtue. Rhetoric is known as the ability of using language efficiently. Aristotle asserts, rhetoric is useful in that; it helps to discover the known and the unknown about a subject. Normally, we use language- in speech or in writing- we engage in a rhetorical work (McKeon, 148). Absolute certainty assumes the knower to understand each concept in its full extension and in its relationship to all other concepts. Absolute certainty precludes doubt of any nature. Absolute certainty holds every thought in total context and always relates all information together as one unified whole. Absolute certainty, defined in this full extension of the term, is possible only to an absolute being that enjoys absolute knowledge. The Corpus of marvel exists when someone evokes or experienced surprise or wonders where as a miracle is an event that occurs inexplicable as per the laws of nature and is taken to be supernatural. Hume defines miracle as a transcriptional of law of nature by a specific volition of Deity. Personally, some experiences are inexplicable i.e. when I got healed stomach ulcers without undergoing any medication (Bailey, Alan & Dan, 212). There are four methods by which we can assure the truth of something. First, is by trusting the source of the information (Lee, 37). For example, by reading a book or review a research study; by using references other than scientific studies such as religious literature. In all cases, the information is usually made clear and

Mozart Effect Essay Example | Topics and Well Written Essays - 500 words

Mozart Effect - Essay Example Participants who listened to a piece of Mozart music 10 minutes before completing a spatial ability assignment requiring mental concentration improved drastically than those who had 10 minutes of silence or those who had 10 minutes of verbal relaxation tape. The effect occurred when the participants were tested immediately and the improved ability disappeared within an hour. This brought another aspect of Mozart effect that it was temporal. The size of the effect when measured was an equivalent of 8 to 9 IQ points. Mozart effect can be described as the effect felt after listening to particular pieces of Mozart music. From the experiment, it is interesting to see how music can have effect on the reasoning of a human being. An improvement in the ability to contain mental images from physical objects within a short time is quite tremendous. During my listening experiment, I choose one of the Mozart’s compositions called Sonata for Two Pianos in D Major. The sonata is a melody and it consists of three movements; allegro con spirito, andante and molto allegro. The first movement allegro con spirito begins in a D major which sets the tone with a strong introduction. Both pianos set the theme simultaneously. In the second movement andante the pace is very relaxed and the melody played by both pianos. In this movement there is no strong climax. The third movement molto allegro begins with a racing theme. The reason for this choice is that the music is a melody. I wanted to feel the same effect felt during the Rauscher experiment. It is one of the Mozart’s piano compositions and it reflects the intelligence of the composer. It has no verbal phrases and it is quite fascinating when listening to it. Mozart music can be effectively used in improving learning abilities. Its ability to improve spatial and temporal reasoning tasks will be helpful in providing therapy. It can be used as a therapy for children with learning

Tattooed Soldier Essay Example | Topics and Well Written Essays - 750 words

Tattooed Soldier - Essay Example Antonio Bernal, a Guatemalan refugee is traumatized by the brutal death of his wife and only one son. He flees to Los Angeles to find solace, forget the problems and redeem his life. ‘When he first came to Los Angeles, Antonio thought of it as the place where he would redeem himself, undertake a new beginning’. Being a middle class civil servant once, seven years down the line, Antonio is wandering like homeless tramps in the city. He has been evicted from a rental house for failing to clear rent. The bitter truth that Los Angeles is no better than Guatemala reveals itself. He finds that life in the city is much more difficult and all his hopes abort. Guillermo Longoria is an ex-military soldier, an perpetrator of Antonio’s family and a member of death squad, the jaguar battalion of the Guatemalan army. He has tattooed his forearm with a yellow menacing jaguar as a mark of ruthless executor. Having contributed to the genocide that burnt the Guatemalan highlands and participated in the assassination of many Guatemalan citizens, he also flees to Los Angeles. He hopes to rid off the feelings, memories and the guilty consciousness he is suffering from as a result of his actions. He believes Los Angeles is not infected with the filth and pandemonium like that in Guatemala. Unfortunate for him, he learns that the city is even worse. ‘This place, this Los Angeles, is a cloud of filth, even the sky is muddy brown†¦ no one in Los Angeles seemed to care about trespassing, about people breaking the law†... Unfortunate for him, he learns that the city is even worse. ‘This place, this Los Angeles, is a cloud of filth, even the sky is muddy brown†¦ no one in Los Angeles seemed to care about trespassing, about people breaking the law† (Tobar, 34). The two men have been brought up in humble backgrounds. Both are haunted by past experiences and hopes for bright future in America. Antonio, seven years ago a middle-class civil servant, married and with one son comes home from work to meet his wife and son killed. The memories and fear ignites cowardice and he is fighting with self esteem in the move to avenge his family murderer. Longoria was a peasant before being coerced to join the army, a profession he eventually came to love. Luckily, his military experience earns him a job and is able to have his own home in America. Having committed crimes in Guatemala, he believes to find peace in Los Angeles, where he thinks is crime free. â€Å"He would not be swallowed by the uncle anliness around him’ (Tobar, 34) The book is a story of exiles, outsiders, the marginalized, and the powerless. Immigrants have very high expectations about America. Unfortunately, when they move in, especially elites, their profession and social statuses are reduced. Tobar says’ Women with medical degrees became laboratory assistants, accountants became ditch diggers.† (Tobar, 51). the social inequalities are very visible. Only a few like longoria can survive in the city because of its diversity. But immigrants have a hard time being assimilating in the American cultures. The powerless have no option but to concede injustice. Longoria has gotten away with so many crimes but his military experience earns him a

Marketing strategy Essay Example | Topics and Well Written Essays - 3500 words

Marketing strategy - Essay Example It is anticipated that for such status symbol goods the quantity demanded always increases with increase in their price levels. Thus, those nations who are rich in income can serve better markets for this classy merchandise. The report analyzes the market and business operations of Mercedes and recommends further ways in which it can improve in future. Table of Contents Marketing Strategy 1 Abstract 2 International business helps to coherent capital flows, technical skills and even service opportunities across the globe. Worldwide business is decisive in the globe of money-making contacts. This is the age of globalization and liberalization when almost all the companies of the world are going universal. Luxury car is a status symbol product in character. The probable consumers of these cars behave in almost a perfectly inelastic pattern with reverence to changes in prices. Thus, these goods do not pursue the general theories of demand and supply laws in economics (Sultan, 2011). It i s anticipated that for such status symbol goods the quantity demanded always increases with increase in their price levels. Thus, those nations who are rich in income can serve better markets for this classy merchandise. The report analyzes the market and business operations of Mercedes and recommends further ways in which it can improve in future. ... This is the era of liberalization and globalization when almost all the companies and firms of the world are going universal (LOC, 2007). Industrialized firms, companies involving music, arts and even the service firms like insurance companies and banks are all expanding their branches across the world outside their domestic terrain. International commerce helps to coherent technological skills, capital flows and even employment opportunities across the globe. The consumer’s are now familiar to variable choices of different goods and services. The market for goods and services has enlarged in every country with open trading, giving its consumers a wide variety of products. International trade also facilitates mobility of the workers in the labour market (Rutgers, 2001). The activity moves to a global level when there is reallocation of productive resources and facilitates preferential choices in business. To suffice the objectives of firms, organizations and people, business h ouses are getting involved into cross border dealings. Worldwide businesses have diverse branches like administration contracts, foreign trade, and franchising, licensing along with involvement in foreign institutional speculations. In the past 30 years the quantum of global trade has expanded in Billions. Global links have helped largely by improving the livelihood standards and augmenting technology for business. The business and trade guidelines are now integrated together between countries. It is estimated in 2013 that the business of high end cars contribute the greatest share of income generated in the luxury industry (PRLOG, 2013). The segment of high end cars has gone through

Numerical analysis Math Problem Example | Topics and Well Written Essays - 1500 words

Numerical analysis - Math Problem Example This method of numerical integration finds solutions in the form of resultant solutions. The equation given in the task was solved by Mathcad program using program module which allows to solve differential equations with fixed step: F := rkfixed(Z0, t0, tk, N, f). The result of the solution of this equation in mathcad is the following: In order to evaluate these results we can solve the same equation using conventional means. As it's shown this equation is solved by the method of variables separation. After finding the function we should plug the values of t into this function and find it's values for all values of t on the interval [0,1]. As we can see the results of numerical solution of Runge Kutta method are very close to the real results of this function. Using error evaluation method: Absolute value (real value of function- approximated value)/ real value of function) we will get the following results: Real values: 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1 1 1.005013 1.020201 1.046028 1.083287 1.133148 1.197217 1.277621 1.377128 1.499303 1.648721 Errors: 0 1.25E-05 0.000197 2.66E-05 0.000265 0.000131 0.000182 0.0003 9.28E-05 0.000202 0.00017 As we can see the results are very reliable as error is less than 0.001% for all values

Modern Tech Essay Example | Topics and Well Written Essays - 500 words

Modern Tech - Essay Example The unchallenged power of plethora of books, journals and other sources of primary information are not in question here, rather the question lies in whether internet and the new media superstructure has overtaken the conventional modes of information as in case of print, radio and television with relation to speed of distribution and the scope of universal followership with one click. The need for better information served faster to the multitudes craving for better and more efficient modes of information distribution has been the propelling factor in the unchallenged reign of internet as a vital source of information, or mis-information as the case may be. The contentious issue facing the public at large is the possibility of internet replacing books, journals, even libraries in becoming the primary source of information. The net has also overtaken the traditional trusted source for news ie; TV. This was evident in the 9/11 attacks on World trade centre wherein there was a surge of ‘flash crowd’ on the net trying to get the information and details as they had no access to TV at their workplace.

Organizational Culture Essay Example | Topics and Well Written Essays - 1500 words

Organizational Culture - Essay Example There are various perspectives that are used in interpreting the organisational culture. Each organisation has its stated approach in interpreting organisational culture. This explains the reason why there is a discrepancy in the performance of many organisations operating in the same field. For instance, some organisations fuse organisational culture with other aspects that enhance its performance. On the other hand, some organisations solely rely on the organisational culture to enhance their performance. As it is explicitly seen, some organisations will have an upper hand as compared to other organisations (Levinson, 2010:15). The first perspective in organisational culture is the scope of maintaining the organisational culture at all times. In this perspective, an organisation sticks to its intended organisational culture at all times. Though there may be changing times, the organisation will focus on its organisational culture through all times. This is mostly done in organisati ons that have strong organisational cultures that were implemented by the founding fathers. Some of these organisations were formed long time ago with strong organisational cultures that were influential in the success of the organisation. To ensure the organisation keeps improving, the organisation makes the decision that it will stick to the organisational culture as initially stated. To begin with, some organisations stick to their initial organisational culture to enhance uniformity. Uniformity explains the way people in the organisation interact, work and behave. This is a continuous process that does not change through different times. For instance, some organisations have a belief that their behaviour inside and outside the organisation will have direct effects on the... The researcher of this essay states that success in any organisation starts with understanding of an organisation’s culture. Workers and people that understand the culture of an organisation are well prepared to make effective changes when they are needed. For instance, the organisational culture explains the acceptable behaviour as required by the organisation. As such, workers will be observant as they do not want to let down the organisation. Collective assumption of such will enhance the performance of the organisation as all the workers are in unison. Secondly, organisational culture shows enhanced communication in an organisation. Thirdly, understanding organisational culture shows uniformity and organised working. The workers will be in constant communication in achieving the organisation’s goals and vision. As such they will be working in unison for the success of the organisation. Fourthly, understanding organisational culture ensures workers are focused on imp lementing positive attributes in the organisation. This includes success, service delivery, quality production and uplifting the name if the organisation that were discussed in the essay. Lastly, Understanding organisational culture ensures there is development of people’s experience. In conclusion, organisational culture is a vital aspect that should be given utter consideration. This will be vital in making the developments as required. However, when the organisational culture is not observed, the organisation is not likely to make positive change.

Poverty in the World Essay Example for Free

Poverty in the World Essay Many third world countries are faced by the challenges of poverty and unproductivity of land. The survival of the people who live in such nations depends mostly on aid from developed countries. There is a fact about the developed countries that needs to be addressed before the aid is delivered to the poverty stricken nations. The developed countries have gained that title due to the fact that they are way too ahead in terms of technology and industrialization. The returns they get from both domestic and foreign trade are redirected on further investment. Incase other nations faced by catastrophes; these returns are used to cover those in need of help. The intervention by these developed nations is a form of quick measures to calming situations down. Back at home, it is funny how the citizens from such nations struggle to make ends meet. Once foreign help is delivered to the nations that are faced by natural, human, or climatic catastrophes the people living in those countries assume that the aid comes from very rich countries. The truth of the matter of foreign aid is that once help is delivered from a certain country be it in form of money or food there are strings attached. If one country demands for help from another, there are possibilities that the national debt of that nation grows. On the other hand, if the help is in form of a donation through the international organizations it is likely that the help addressed the issue at hand and not the future. Going back to the issue of foreign aid and reduction of poverty; two crucial elements come to play. These include the issue being addressed and the type of aid being delivered. Foreign aid is mostly volunteered to suffering nations by developed nations. In other times, organizations and NGOs take responsibility to raise money that can be used to provide for the suffering lot. By assessing the nature of the issue that is being addressed, it can be told whether the form of aid aids in reducing poverty. Looking at the situation at the horn of Africa, the type of help that is being delivered to the starving communities in that region is food and medical supplies. Looking closely at the matter and others similar to that, it will be found out that foreign aid is not a form of borrowed capital but rather a last option. Foreign Aid cannot reduce poverty due to five reasons associated with the problems and the nature of help. First, foreign aid is delivered to rescue and not to prevent; second, it is given when the situation is almost escalating out of proportion; third, nations or parties that require foreign aid are marginalized and the living conditions don’t allow for any form of secondary benefit from the aid; fourth, starvation and disease outbreaks are mostly the problems requiring foreign aid to address the issue quickly; and finally, the nature of aid cannot be invested neither can it be used while other resources are redirected to other activities. The above reasons make foreign aid seem like some form of nutritional therapy’ whose importance is lengthening the period of survival as one witnesses the problems. The US and other nations have been donating relief food and vaccination to African nations and some Asian nations as well for a long time. However, it the aid is form of funds the situation changes from aid to assistance that requires repaying as times advances. Foreign aid d oes not come to the poor in form of basic needs but rather basic rescue. It would be otherwise if foreign aid was in form of compulsory jobs for the poor or mandatory quality education.

Understanding Media Production And Techniques Media Essay

Understanding Media Production And Techniques Media Essay Advertising is like a form of communication, often intended to persuade the viewers or listeners to purchase or consume a product. It crosses numerous platforms from broadcast, print, billboard and online. Video production, or videography, is the art and service of videotaping, editing, and distributing a finished video product. This can include television production, commercial video production, and corporate and event videos. Elements of video production include (1) Pre-Production, (2) Production, and (3) Post Production, and all video productions are organized this way to ensure that the process is a seamless one, and the final-result is as envisioned. Production is the shooting stage of your shoot, which includes cinematography, audio, lights, as well as directing, art and effects. Video production can be used at sporting, school, stage, wedding, church, and similar events to provide recordings of the events. Event video production can also be used to broadcast events live to viewers at home such as a press conference or concert. Video of live events can be sent by microwave or satellite from the event location to a studio in order to be broadcast. Tips for video production The best way to understand video production is to think of it as a process. The process is always the same, whether you are producing a simple video or a intricate one. Here is a description of the process, step-by-step. It can be broken down into three phases. Pre-production Production Post-production Pre-production is probably the most important and the easiest. Even if you want to outsource most of the work, you can (and should) do most of the pre-production yourself. Pre-production includes everything you do before you ever touch the camera. First, think about what you want your finished video to be. Ask yourself these questions. Who is your audience? What does your audience need or want to hear? What does the audience already know? What style of video would appeal to your target audience? What is your budget? What resources do you have readily available? The answer to these questions will determine most everything else. Next, think about what you should actually go and get on video tape. Do you need to interview experts? Do you need footage of specific things that represent your subject? Where and how will you video tape these things? Plan it all out. Make phones calls. Schedule crews, etc. Write out a first draft of your script. Nothing needs to be carved in stone at this point, but a working script will help you collect all your thoughts. A good script should be conversational. Pretend you are explaining the subject matter to a friend. What would you say to them? Write that down and then modify it by using more colourful words and better descriptions. Video scripts are best if they use simple, short sentences. Avoid long, complex words that will be tongue twisters. Read it aloud to test it. Have someone else listen to you and get their reaction. The production phase includes gathering all of your raw materials. All your raw video and audio. This phase probably takes the most work and know-how, especially if you are shooting everything from scratch. Post-production is the phase where you take all your raw materials and assemble them into a finished video. Mostly, post-production means video editing. There are many wonderful computer video editing programs that do a great job. Personally, I use Final Cut by Apple Computers. This is an advanced video editing program that allows you total control over every single aspect of your video. Most beginners would never want to fool with it. A beginner would be much better off with a simple program like Windows Movie maker or iMovie, which are both free. Those programs rely on pre-produced templates that make it much easier and less complex. Sony Vegas Movie Studio is a popular program that is inexpensive and allows more control than the freebie programs but isnà ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬Ãƒ ¢Ã¢â‚¬Å¾Ã‚ ¢t nearly as complicated as Final Cut. Video editing is also a step-by-step process and I have many free tutorials here on video production tips.com that will help you. So there you have it, a brief description of the process of video production. Audio production The post process in recording acoustic music is often referred to as mixing, as this process happens after recording the musicians. In electronic music the workflow is usually quite different, and in this context the term post processing would typically not refer to the actual mixing process but rather what is applied to the resulting mix-down. With todays increasing amount of music software and musicians creating electronic music in their homes, post production is often done by the musicians themselves. The process typically involves equalization, audio level compression, multi-band audio compression, and limiting. This process somewhat overlaps but should not be mistaken for the term mastering, as post production is usually performed on a per-song basis, whereas mastering is aimed at preparing an entire list of songs for a specific media type. Audio Post Production usually refers to audio that is synchronized with video. This applies to TV, cinema, and commercials. One major aspect of audio post production is the use of ADR, or automatic dialogue replacement. Sometimes the original, or production audio, lacks in performance or quality, and the actor or actors are brought into a sound studio to record some or all of their dialogue from the project. Other elements such as foley, music, and voiceover are also added during post production. Online multimedia production Multimedia is the use of several different media to convey information (text, audio, graphics, animation, video, and interactivity). As multimedia solutions, we understand the solutions that use animation, as a rule, they are developed in Flash. As distinct from static texts (html), multimedia allows to show your product (service) in action, can include audio/video fragments thus making the story about your company more dynamic and attractive and helping it to reach better effect than a static solution could. Research has indicated the following areas are important for new entrants in the creative industries: Client service As a service industry, the client is at the heart of the operation. Some of the most junior roles (such as runners, assistants and receptionists) can be the most customer-facing. As is often said, clients are hard won and easily lost. Transferable skills the ability to apply the same logic and thought processes from one area of advertising to another makes any new entrant more employable. Good numeracy / literacy skills and attention to detail entry level roles are often responsible for a large about of data wrangling. Logging information  as well as monitoring numerical data needs to be accurate in a pressurised environment. Good timekeeping and self organisation good organisation skills are highly sought after in all industries, but particularly in  advertising where deadlines are tight. Speaking and self presentation: these skills relate to client service but are of great importance in  a sector where image is important.