Real Estate Investment Essay Example | Topics and Well Written Essays - 1000 words

Real Estate Investment - Essay Example Lack of infrastructure and basic facilities would lead to downfall in prices of the land and investors will lose faith and retract the investment. This would be huge disaster for any businessman. Therefore before putting a land to sale check the basic amenities and infrastructure and the price of the land accordingly. Italy has become a hotspot for real estate business domestically and internationally. The main reason for this is the presence of strong infrastructure and basic facilities like water and electricity. One of the important factors that have increased the real estate corporate is the high rate of ownership. Real estate has become an alternate investment in Italy. A general definition of valuation of property is to state the actual value of the property both according to the government and private (commercial) sector. But government will valuate only landed property and fertile land. While valuating a property government will not consider the commercial demand that property is possessed with. Italy has many heritage monuments. The heritage monuments may fetch income in the form of tourists visiting these monuments. Government earns income with the developing tourism. The income goes to the government treasury, which is utilized in developing the country's economy. Apart from state owned properties commercial and residential ... Commercial show room owners are ready to pay any amount of money to get a place in the most commercially viable areas. The reasons for the properties producing high income is leasing it out or renting the property for a specified period of time. The value of the commercial and office property keeps growing with the development of the city. With increasing number of tourists visiting the revenue increases. Tourism also plays an important in increasing the price of the land. As population of the country increases the cities start expanding and drag the outskirts into city limits. Since outskirts will be a new place to establish, developers raise the property keeping in mind the space required for offices, commercial establishments, military units and staff quarters for employees to reside. Newly established property prices touch the skies means the prices are always soaring high allowing only rich and effluent people to purchase the property. These properties fair well when they are presented up again for resale. The process of buying a property is regulated in Italy. An offer should be made through selling agent once an investor secures the mortgage for the property. A contract will be framed once both the parties agree on the price. At this juncture investor has to deposit 10-30 percent that is mandatory. The deposit is not returned to the investor if pulls out from the contract. If the vendor pulls out he should pay twice the amount that was agreed upon as the deposit. The preliminary contract contains information on basic issues like sale price, details regarding mortgage and completion date. The both parties, which are a legally binding agreement, sign the reservation and the sale is completed on a specific date

Assignment 2 Example | Topics and Well Written Essays - 2000 words

2 - Assignment Example The company owns over 7 million hectares of land across the Northern Territory and Queensland. The company’s strategy is to operate in diversified agribusiness operations and bring innovation in existing business practices in order to achieve long term gains. ActivEX Limited is an Australian mineral and exploration company that specialises in identifying, acquiring, and distribution of minerals. The company aims to increase shareholders’ value by investing into quality projects including minerals such as gold, copper, cobalt, etc. The company is involved in activities such as drilling, soil testing and mapping, data compilation, and reviewing. Adcorp Australia is a leading advertising agency owned locally and offers services including branding, advertising, creative design, event management, media planning and promotions. a) The monthly returns of the three companies are calculated using the following formula: Monthly return = (Current adjusted close price/Previous adju sted close price) – 1 The historical prices of the three companies are obtained from Yahoo Finance and the individual monthly returns of the three chosen stocks are shown in the appendices section. The period under study was for 61 months ending on Dec 31, 2012. The calculations are made in the MS-Excel spreadsheet application using the above formula to calculate monthly returns. Then the average monthly return is calculated using the Excel function AVERAGE that computes the average of given numbers. The standard deviations of adjusted closing prices are calculated using the STDEV function of MS-Excel. Standard deviation is the measure of risk of investment which measures the stock volatility over a given period of time. The expected return from the stock is calculated using the CAPM (Capital Asset Pricing Model) approach, where there is the concept of Beta. From the above summarised risk-return analysis, it can be said that the returns of all the three stocks are equal since beta is very close to zero but it is positive. This means that investment in either of the companies is safe as it is apparent that the standard deviation of market index (AORD) is more volatile than the chosen stocks. From the theory of risk-return, it can be said that the higher the risk, the higher would be potential return. This is true in case of AORD since the risk borne by the investor must be compensated by higher expected returns. When the individual stocks of the companies are compared to AORD, it can be said that all the three stocks have lower standard deviation or risk associated with investment. This would alternatively mean that the returns from these stocks would be lower due to less associated risk. This can be verified from the expected return that calculates the estimated return from the stock using CAPM. In this study it was found that expected return of AORD was higher than the three chosen stocks due to a higher risk. Also, for the given return, the rational i nvestor would select the stock that is least risky and in this study riskiness of investment is determined using standard deviation. A higher value of standard deviation means that the stock is more risky and vice versa. From the above table, it can be said that Activex Limited is the least risky (the lowest standard deviation among other two stocks) and Australian Agriculture Co. Ltd is the riskiest (the highest standard deviation among other two stocks). b) In order to estimate the beta for each of three chosen

Crime and Legal System Essay Example for Free

Crime and Legal System Essay In the broad field of criminal justice, one particular issue critically relevant in the concern of crime prevention and social control is juvenile delinquency due mainly to the fact that its target population are the minors in the society. The concept of juvenile delinquency generally encompassed numerous concerns namely the crimes involving minor offenders, the court system to address these cases, the punishment approach for the young individual, and others relevant in achieving an effective approach for achieving the ideal justice for these young offenders. In this pursuit, incorporating sociological concepts can indeed promote development in the effectiveness of the criminal justice system for cases of juvenile delinquency. In analyzing the criminal justice system for minor offenders, it is critically important to consider several factors directly related to the effective achievement of its function. Among these factors are the effect of the punishment to the minor offender, beneficial alternatives for the criminal punishment, motivational strategies of behavioral development, influence of personality background, and others. Incorporating the sociological perspective in this concern, the said field explains that the family structure, environment, and culture are influential factors to the individual’s personality and behavioral development as such, should be considered in determining the appropriate action for cases of juvenile delinquency. Indeed, incorporating this approach will reveal a more appropriate, effectively altercating, and motivational action towards addressing the personal problems of the young offenders resulting to their juvenile delinquency. Indeed, sociological, the youth period in the timeline of each individual is a critical condition wherein the person encounter personality confusion and identity struggle. During this period, the erratic behavioral changes in the person can result to aggressive actions and decisions and if influenced by negative factors can result to juvenile delinquency. As such, approaching the view through a sociological perspective, it is more advantageous to tackle the problem by helping the offender cope up with his or her personal changes and struggle and guide the person to the proper way. Indeed, developing the punishment system in this approach can result to an effective juvenile justice system that promote healthy development through guiding the misdemeanor of the minor offenders towards fruitful growth and development for their benefit. In this approach, the issue of juvenile delinquency will be addressed by minimizing the problem and taking this approach as a mean of helping the youth through the growth.

Oedipus the King: A Tragic Hero Essays -- Literary Analysis

In most dramatic plays, tragedy usually strikes the protagonist of the play and leads him, or her, to experience devastating losses. While tragic instances can be avoided, there are other instances where one’s fate and future is out of the protagonist’s control. In Oedipus the King, written by Sophocles and first performed around 249 BC, Oedipus cannot escape his destiny and even though he tries to overcome and circumvent prophecy, he finds out that supernatural forces will get what they want in the end. Oedipus meets the criteria of a tragic hero set forth by Aristotle and his fate within the play demonstrates that one does not always have free will in their lives. Traditionally, in Greek drama, tragedy is meant to reaffirm the concept that life is worth living and that people are in constant opposition with the universe. Action within Greek tragedies commonly comes from inner conflicts. These actions are also intended to create feelings of pity and fear within an individual (â€Å"Greek Theatre History Notes,† 2011). Greek tragedy also holds that the hero of the play, who is a good person yet not perfect, must fall from his or her position of nobility, grace, or power. Additionally, Greek tragedy contends that the audience must experience catharsis after tragic events happen and that the hero is left to face the world by him or herself (â€Å"Greek Theatre History Notes†). Aristotle defined tragedy as, [An] imitation of an action that is serious, complete, and of a certain magnitude; in language embellished with each kind of artistic ornament, the several kinds being found in separate parts of the play; in the form of action, not of narrative; with incidents arousing pity and fear, wherewith to accomplish its katharsis of such e... ...ory of Tragedy in the POETICS.† Ed. Barbara F. McManus. November 1999. Web. 18 April 2012. Brown, Larry. â€Å"Aristotle on Greek Tragedy.† 2005. Web. 18 April 2012. â€Å"Character Archetypes.† Listology. 15 February 2006. Web. 18 April 2012. Gantz, Timothy. Early Greek Myth. Baltimore: Johns Hopkins University Press, 1993. Print. â€Å"Greek Theatre History Notes.† Web. 18 April 2012. â€Å"Greek Tragic Drama.† Memphis University School. Web. 18 April 2012. Loy, Jim. â€Å"The Riddle of the Sphinx.† 2002. Web. 18 April 2012. â€Å"Myths and Archetypes.† In Search of Myths and Heroes. PBS. November 2005. Web. 18 April 2012. â€Å"Oedipus the King.† Classical Humanities 222, Bucknell University. Spring 1999. Web. 18 April 2012. Sophocles. Oedipus Rex. Web. 18 April 2012. Struck, Peter T. â€Å"Oedipus as Tragic Hero.† 2009. Web. 18 April 2012. â€Å"Tragedy: The Basics.† Web. 18 April 2012.

Critical Response: Jack London :: Biography Biographies Essays

Critical Response: Jack London Jack London, a well known American author, has written a fair share of truly classic works.   The Call of the Wild and White Fang are staples of middle and high school reading requirements.   His other novels, such as The People of the Abyss and Sea Wolf are not as well known, but are still regarded as brilliant pieces of literature by many scholars.   Lesser known are his many volumes of short stories; "To Build a Fire" being the most popular.   I cannot say that I have read even a small percentage of London's works, but from what I have read, I noticed some recurring similarities.     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   During the semester in class, we have learned how authors utilize various elements of writing to make their point more prominent.   For Jack London's earlier works, his Yukon setting and rugged, adventurous characters appear quite frequently.   Such is the case with the three stories I chose to study; "Love of Life," "The League of the Old Men," and "To Build a Fire."   Along with this, I believe that the theme of survival appears in these three, as well as many other stories from London.   I took it upon myself to try and find out why London used survival as his main theme.   To demonstrate this recurring theme, I will give a brief synopsis of the three stories.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   "To Build a Fire" is a story about a man who is traveling alone in the frozen Yukon.   He knows that it is not safe to be traveling when it is so cold, but stubbornly keeps moving.   He falls through a crack in the ice, wetting his feet.   In order to stay alive, he must build a fire, warm his feet and move on.   Despite several attempts, the man fails and dies.  Ã‚   Of the fourteen pages within "To Build a Fire," eight of those are devoted to the events of the man trying to make a fire; the other six mainly focus on the setting.   The man's determination to build the fire is evident-a simple annoyance at the beginning leads to a frantic demise at the end.   The plot was as simple as one man's attempt to survive against nature.

Contrastive Lexicology Essay

1. Lexicology and linguistics. Contrastive lexicology, object, aim, and tasks. 2. The history of contrastive lexicology, main units and terms. Ukrainian scientists, manuals, observing. 3. Language and vocabulary. The branches of Contrastive Lexicology. 4. Structural aspects of a word: External and Internal structure. Scientific methods to leant English and Ukrainian words in Comparison. 5. The semantic unity of a word. Polysemy: types of semantic component. Sema, Semema, semantic field. 6. The main scientific aspects: syntagmatics and paradigmatics in Contrastive lexicology. 7. Contrastive lexicology and Lexicography. 8. Structure of the vocabulary of modern English and Ukrainian. The main groups of words. Colloquial words, the main stock of English and Ukrainian Vocabulary. 9. Morphemic structure of a word. Morpheme. Allomorph. Morph. 10. English and Ukrainian principles to analyze word structure. Productive and unproductive morphemes. 11. Neologisms, Historicisms and archaisms, their place in English and Ukrainian vocabulary. 12. Etymology as a branch of Lexicology, objective and tasks. Etymological structure of English and Ukrainian vocabulary in comparison. Indo-European element. 13. Word-building in english and ukrainian. Affixation 14. Semantics as a branch of lexicology, its goals and tasks. 15. Etymological structure of English and Ukrainian vocabulary; borrowed and native elements; loan words, Etymological doublets and triplets. 16. Etymology: peculiar features of international words. International words in translation. 17. Denotative and connotative meaning of a word. Bilingual dictionaries in translating and interpreting. Printed and electronic dictionaries. 18. Word-formation: productive ways to derive words in English and Ukrainian: Composition. 19. Word-formation: reduplication, back-formation. 29. General ways to enrich English and Ukrainian vocabulary. Nonce-words, Euphemisms, word-groups with transferred meanings. 35. Semantics: Types of semantic component; the processes of Development and Change of Meaning in English and Ukrainian. 36. Semantics: Kinds of transference (based on resemblance and based on contiguity); broadening and narrowing of Meaning. 37. Synonyms in English and Ukrainian vocabulary; Hypheronyms and Hyponyms. The Dominant Synonyms. 38. Isomophism and allomorphism in contrastive lexicology as basic principles. Branches of Contrastive Lexicology. 39. English and Ukrainian idioms, phraseologisms, usage, way of interpreting. 1. Lexicology and linguistics. Contrastive lexicology, object, aim, and tasks. Lexicology is that part of linguistics which studies words, their nature and meaning, words’ elements, relations between words (semantical relations), words groups and the whole lexicon. LG is a branch of linguistics and has its own aims and methods of scientific research. Its basic task is to study and descript systematically the vocabulary in respect to its origin, development and current use. Linguistics is the scientific study of natural language. Linguistics is narrowly defined as the scientific approach to the study of language, but language can be approached from a variety of directions, and a number of other intellectual disciplines are relevant to it and influence its study. The Contrastive and Comparative LG – their aims are to study the correlation between the vocabularies of 2 or more languages and find out the correspondences between the vocabulary units. The task of Contrastive lexicology is â€Å"to compare linguistic accounts stated, within the same lexicological framework, of the lexical competence necessarily possessed by speakers of the two languages concerned†. Aim: To conduct a comparative-synchronic comparison of lexical items and events, to highlight common features in the lexicon of two languages. Explore lexical linguistic phenomenon (trends words) and discover the peculiarities of the national outlook. Object: lexical units of the two languages. Subject: different aspects (origin of word morphemic structure, lexical change trend values), phenomena or processes (common features). 2. The history of contrastive lexicology, main units and terms. Ukrainian scientists, manuals, observing. The term â€Å"Lexicology† first was introduced in the French D. Diderot and d’Alembert’s encyclopedia in 1765. However, as a separate part of Linguistics, Lexicology appeared relatively recently. At the beginning of 20 century, an American linguist Leonard Bloomfield thought that linguistics in general should not engage in semantics. Ukrainian scientists presented the Kiev and Kharkov school: Ðâ€"Ð »Ã ¾Ã ±Ã'‚Ð µÃ ½Ã ºÃ ¾, ГÐ ¾Ã »Ã'Æ'Ð ±Ã ¾Ã ²Ã' Ã'Å'Ð ºÃ ¸Ã ¹, Ðâ€"Ð °Ã ¹Ã ²Ã ¾Ã'€Ð ¾Ã ½Ã ¾Ã º, КÐ ¾Ã'€Ã'Æ'Ð ½Ã µÃ'†Ã'Å', БÃ'Æ'Ð ±Ã »Ã µÃ ¹Ã ½Ã ¸Ã º, КÐ ¾Ã ½Ã ¾Ã ½Ã µÃ ½Ã ºÃ ¾. The second half of 19 century. Stylistics, grammar, lexicology are contrastive . 3. Language and vocabulary. The branches of Contrastive Lexicology. Lexicography is the science and art of compiling dictionary. The first book published under the English title Dictionary was Latin-English Dictionary by Sir Thomas Elyot (1538). For a medieval scholar a dictionary was a collection of diction or phrases put together for the use of pupils studying Latin. One of the purposes of dictionary in medieval times was glossing texts and employing synonyms for them. Dictionaries are prepared to serve different practical needs of the people. A reader looks at the dictionary mainly from the following points of view: (1) as a reference book for different types of information on words e.g. pronunciation, etymology, usage etc. this may be called the store house function of the dictionary. (2) as a reference point for distinguishing the good or proper usage from the bad or wrong usage. This is the legislative or the court house function of the dictionary. Branches: The General LG – the general study of words and vocabulary. Linguistic phenomena and properties common to all languages are generally referred as language universals. The Special LG – is the LG of a particular language. That’s the study of and description of its vocabulary and vocabulary units. The Historical LG – the evolution of any vocabulary. It discusses the origin of various words, their change and development, investigates linguistics and extra linguistics forces. The object – its single elements, modifying their structure, meaning and usage. The Contrastive and Comparative LG – their aims are to study the correlation between the vocabularies of 2 or more languages and find out the correspondences between the vocabulary units. The descriptive LG – deals with the vocabulary of a given language at a given stage of its development. LG also studies all kinds of semantic grouping and semantic relations such as synonymy, ant onymy, homonymy, semantic fields. Meaning relations as a whole are dealed within semantics – the Study of meaning. 4. Structural aspects of a word: External and Internal structure. Scientific methods to leant English and Ukrainian words in Comparison. The word can be seen in terms of its internal and external structures. The external structure of the word – its its morphemic composition. It is considered in terms of free and bound morphemes. The Units of external structure are the structure of prefixes, suffixes, roots, foundations, and their combination of lexical items in two languages. The external structure of the word – is a study of Word Formation. Word Formation in English and Ukrainian language has much in common, and words often have similar structure. Considerable Amount of prefixes and suffixes are unique in two languages (writer; student; teacher – Ð ¿Ã ¸Ã' Ã'Å'Ð ¼Ã µÃ ½Ã ½Ã ¸Ã º; Ã' Ã'‚Ã'Æ'Ð ´Ã µÃ ½Ã'‚; Ð ²Ã'‡Ð ¸Ã'‚Ð µÃ »Ã'Å'), part of Ukrainian suffixes (suffix system and the Ukrainian language is much more developed and richer than Engl ish) has not derivational analogy in English (Ã' Ã ¾Ã ½Ã'†Ð µ Ã'â€" Ã' Ã ¾Ã ½Ã µÃ'‡Ð ºÃ ¾, Ã'…Ð ²Ã ¸Ã »Ã ¸Ã ½Ã ° Ã'â€" Ã'…Ð ²Ã ¸Ã »Ã ¸Ã ½Ã ºÃ °). Internal structure of words – its its meaning, views and values of its shades, are seing in part of lexicology called semasiology. Some words has quite clear phonetic motivation: buzz, splash, snore and Ð ´Ã ·Ã ¸Ã ¶Ã'‡Ð °Ã'‚Ð ¸, Ã'…Ð »Ã'ŽÐ ¿Ã °Ã'‚Ð ¸, Ã'…Ã'€Ð ¾Ã ¿Ã'â€"Ã'‚Ð ¸ – and the imitation of sounds of two languages (similar in nature) may be different Ukrainian people hear in snoring Ã'…Ã'€(Ð ¿Ã'€Ð ¸Ã ¼.Ã'€Ð µÃ ´. Ã'‚Ð ¾ Ð ½Ã µ Ã'â€"Ã' Ã º Ð ¿Ã'â€", Ð ° Ã'Æ'Ð ºÃ'€ Ð »Ã'â€"Ã'‚Ð µÃ'€Ð ¸ Ã'…Ã'€), and British people hear s..r. Distributive analysis – a method of language-based learning environments of all possible linguistic units, the words in the text (excluding notional side words).(e.g. man – Adj+N(boring man), work – V+Adv(to work slowly).) Analysis of the direct components – a unit of linguistic analysis by its representation as a nested hierarchy of elements from each ot her, forming a structure. Thus, in the case of non-governmental words we first distinguish two components – non /-governmental, as it is formed from the word non-government, then government / al, and finally govern / ment. Component analysis – a method of linguistic analysis of lexical units, lexical expansion and the value of the minimal semantic components and representation of lexical meaning (e.g. a nose – denotative – Ð ½Ã ¾Ã' , to nose connotative – Ð ¿Ã'€Ð ¸Ã ½Ã'ŽÃ'…Ð ¸Ã ²Ã °Ã'‚Ã' Ã' ). Transform analysis – is to change language unit into a unit with another structure without changing the content(e.g. to give help – to help; to play visit – to come). In the Ukrainian language you can determine the status characteristic phrases Ð ½Ã °Ã ´Ã °Ã ²Ã °Ã'‚Ð ¸ Ð ´Ã ¾Ã ¿Ã ¾Ã ¼Ã ¾Ã ³Ã'Æ' – Ð ´Ã ¾Ã ¿Ã ¾Ã ¼Ã °Ã ³Ã °Ã'‚Ð ¸ (Ð °Ã ºÃ'‚Ð ¸Ã ²Ã ½Ã ¸Ã ¹ Ã' Ã'‚Ð °Ã ½), Ð ° Ð ¾Ã'‚Ã'€Ð ¸Ã ¼Ã'Æ'Ð ²Ã °Ã'‚Ð ¸ Ð ´Ã ¾Ã ¿Ã ¾Ã ¼Ã ¾Ã ³Ã'Æ' (Ð ¿Ã °Ã' Ã ¸Ã ²Ã ½Ã ¸Ã ¹) there is no one-word expression. 5. The semantic unity of a word. Polysemy: types of semantic component. Sema, Semema, semantic field. The semantic unity of a compound word is often very strong. In such cases we have idiomatic compounds where the meaning of the whole is not a sum of meanings of its components, e.g. to ghostwrite, skinhead, brain-drain etc. In nonidiomatic compounds semantic unity is not strong, e. g., airbus, to bloodtransfuse, astrodynamics etc. Polysemy is the capacity for a sign (e.g., a word, phrase, etc.) or signs to have multiple meanings (sememes), i.e., a large semantic field. Types of Semantic Components: The leading semantic component in the semantic structure of a word is usually termed denotative component. The denotative component expresses the conceptual content of a word.(e.g. lonely, adj. – alone, without company , to glance, v.- to look). It is quite obvious that the definitions only partially and incompletely describe the meanings of their corresponding words. They do not give a more or less full picture of the meaning of a word. To do it, it is necessary to include in the scheme of analysis additional semantic components which are termed connotations or connotative components. Grammatical meaning is a meaning which comes to the fore in the words with different lexical meaning, and brings them into one row: apples, tables, books, birds – grammatical meaning of plurality; was, went, ate, did, slept, knew – grammatical meaning of past tense. Lexical meaning – is a meaning which combines different grammatical forms of a word into one paradigm: to be, was, were, been, is, are; apple, apples, apple’s. Seme – an elementary semantic feature, a minimal unit of meaning. Sememe – a set of semes recognizable in a given word. A semantic field is a technical term in the discipline of linguistics to describe a set of words grouped in a certain way. 6. The main scientific aspects: syntagmatics and paradigmatics in Contrastive lexicology. Syntagmatics – linear (simultaneous) relationship of words in speech as distinct from associative (non-simultaneous) relationship of words in language. Paradigmatics – 1) associative (non-simultaneous) relationship of words in language as distinct from linear (simultaneous) relationship of words in speech (syntagmatics); relation of units in absentia (e.g. synonymic, antonymic relationships); 2) an approach to language when the elements of its system are regarded as associated units joined by oppositional relationship.Word-meaning in syntagmatics and paradigmatics Intralinguistic relations of words are basically of 2 types: syntagmatic and paradigmatic. Syntagmatic relations define the meaning the word possesses when it is used in combination with other words in the flow of speech. Paradigmatic relations are those that exist between individual lexical items which make up one of the subgroups of vocabulary items (sets of synonyms, lexico-semantic groups, etc.). Syntagmatic relations Paradigmatic relations He got a letter. I received a note. She obtained an epistle. 7. Contrastive lexicology and Lexicography. Lexicology is that part of linguistics which studies words, their nature and meaning, words’ elements, relations between words (semantical relations), words groups and the whole lexicon. The Contrastive LG – is a branch of lexicology. Its aim is to study the correlation between the vocabularies of 2 or more languages and find out the correspondences between the vocabulary units. Lexicography is an important branch of linguistics which covers the theory and practice of compiling dictionaries. Lexicography is divided into two related disciplines: Practical lexicography is the art or craft of compiling, writing and editing dictionaries. Theoretical lexicography is the scholarly discipline of analyzing and describing the semantic, syntagmatic and paradigmatic relationships within the lexicon (vocabulary) of a language, developing theories of dictionary components and structures linking the data in dictionaries, the needs for information by users in specific types of situati on, and how users may best access the data incorporated in printed and electronic dictionaries. 8. Structure of the vocabulary of modern English and Ukrainian. The main groups of words. Colloquial words, the main stock of English and Ukrainian Vocabulary. Compiling the dictionary included a conceptual framework of its own language (lexical, grammatical), and sociolinguistic aspects are closely interrelated. Most vocabulary words gives the collection of one or another language in alphabetical order. There are dictionaries in which words are represented nested system, it means that in a lexical article are all derived words derived from one root word. There are even inversion dictionaries – in the words given them by letter words end.The whole of the word-stock of the English language can be divided into three main layers: the literary layer, the neutral layer and the colloquial layer. The literary and colloquial layers contain a number of subgroups each of which has a property it shares with all the subgroups within the layer. The aspect of the literary layer is its markedly bookish character. The aspect of the colloquial layer is its lively spoken character which makes the layer unstable. The aspect of the neutral layer is its universal character. That means it is unrestricted in its use. It can be used in all styles of the language. It is this feature that makes the layer the most stable of all. The subgroups of the special literary vocabulary are the following: terms, poetical words, foreignisms and barbarisms(non-assimilated words that are known to everyone(tet-a-tet, Ð ¼Ã µÃ'€Ã' Ã'â€" Ð ±Ã ¾Ã ºÃ'Æ'), archaic words(woe (sorrow), nigh (near)), nonce-words. The subgroups of the special colloquial layer are such: dialectical words, vulgarisms, slang, jargon, professionalisms, nonce-words. 9. Morphemic structure of a word. Morpheme. Allomorph. Morph. The morpheme is the smallest meaningful unit of form. A form in these cases a recurring discrete unit of speech. Morphemes occur in speech only as constituent parts of words, not independently, although a word may consist of single morpheme. Words that consist of a root and an affix are called derived words or derivatives and are produced by the process of word building known as affixation (or derivation). The root-morpheme is the lexical nucleus of the word; it has a very general and abstract lexical meaning common to a set of semantically related words constituting one word-cluster, e.g. (to) teach, teacher, teaching. Affixational morphemes include inflectional affixes or inflections and derivational affixes. Inflections carry only grammatical meaning and are thus relevant only for the formation of word-forms. Derivational affixes are relevant for building various types of words. They are lexically always dependent on the root which they modify. An allomorph is a linguistics term for a variant form of a morpheme. The concept occurs when a unit of meaning can vary in sound (phonologically) without changing meaning. It is used in linguistics to explain the comprehension of variations in sound for a specific morpheme. Allomorph is also defined as a positional variant of a morpheme occurring in a specific environment and so characterized by complementary description. Any concrete realization of a morpheme in a given utterance is called a morph. 10. English and Ukrainian principles to analyze word structure. Productive and unproductive morphemes. In most cases the morphemic structure of words is transparent enough and individual morphemes clearly stand out within the word. The segmentation of words is generally carried out according to the method of Immediate and Ultimate Constituents. This method is based on the binary principle, i.e. each stage of the procedure involves two components the word immediately breaks into. At each stage these two components are referred to as the Immediate Constituents. Each Immediate Constituent at the next stage of analysis is in turn broken into smaller meaningful elements. The analysis is completed when we arrive at constituents incapable of further division, i.e. morphemes. These are referred to Ultimate Constituents. The analysis of word-structure at the morphemic level must proceed to the stage of Ultimate Constituents. For example, the noun friendliness is first segmented into the ICs: [frendlÄ ±-] recurring in the adjectives friendly-looking and friendly and [-nÄ ±s] found in a countless number of nouns, such as unhappiness, blackness, sameness, etc. the IC [-nÄ ±s] is at the same time an UC of the word, as it cannot be broken into any smaller elements possessing both sound-form and meaning. Any further division of -ness would give individual speech-sounds which denote nothing by themselves. The IC(Immediate Constituents) [frendlÄ ±-] is next broken into the ICs [-lÄ ±] and [frend-] which are both UCs(Ultimate Constituents) of the word. Morphemic analysis under the method of Ultimate Constituents may be carried out on the basis of two principles: the so-called root-principle and affix principle. According to the affix principle the splitting of the word into its constituent morphemes is based on the identification of the affix within a set of words, e.g. the identification of the suffix -er leads to the segmentation of words singer, teacher, swimmer into the derivational morpheme – er and the roots teach- , sing-, drive-. According to the root-principle, the segmentation of the word is based on the identification of the root-morpheme in a word-cluster, for example the identification of the root-morpheme agree- in the words agreeable, agreement, disagree.By productive affixes we mean the ones, which take part in deriving new words in this particular period of language development. The best way to identify productive affixes is to look for them among neologisms and so-called nonce-words, i. e. words coined and used only for this particular occasion. Unproductive, non-affix morphemes that exist only in bound form are known as â€Å"cranberry† morphemes, from the à ¢â‚¬Å"cran† in that very word.

Human Resource Management in Brunei Essay

Rousseau (1990) defines culture as a set of common values and understandings obtained through socialization (Noe, Hollenbeck, Gerhart, & Wright, 2008). As such, the Islamic laws define the fundamental customs and lifestyle of Bruneians. Nevertheless, culture is an elusive behavior, which can be refined and redefined as the macro-environment changes. We explore how attitudes and perspective can be changed, in order to better adapt to technologies through laws and policies, without contradicting the essentials of Islamic culture thus improving their economy. The General Order in Brunei provides employees with high social security and benefits; they are entitled to ‘lifetime employment’ (Dore, 1973). Thus leading to insufficient supply of jobs for the younger generation who makes up the largest percentage of the unemployment rate. Additionally, paternalism is evident in Brunei; superiors act as a father figure in the organization and employees show utmost respect for their managers. Thus illustrating the relationship between cultural influences and organizational behavior. Foreign investments and tourism in Brunei have been severely impeded due to their inflexible Islamic culture, hence affecting Brunei’s integration with the world. According to the Ministry of Foreign Affairs in Pakistan, the importance of ‘liberation of visa regulations’ will ‘boost tourism and trade opportunities’ (Ying Chua, 2010). However in Brunei, regulations on foreign investments must comply with the standard of their Islamic laws, which hinder growth. Thus, exemplifying that culture affects its economy as it set the boundary of Brunei’s business environment. It is difficult for Brunei to fully integrate their economy with western countries due to very differing culture. Nonetheless, she can aim to be the capital for the Islamic world. For example, it can be the financial capital for the Middle Eastern countries, or even the world main supplier for Halal food in the world. This acts as a double-edge sword for Brunei because Brunei will not compromise their rich culture for economical gains. However before attaining such standards, Brunei has to examine their technological infrastructure and whether Bruneians are ready to adapt themselves for changes. Bruneians pride themselves on their rich Islamic culture hence they are less receptive to changes that appear to be in conflict. The sultanate laws never inculcated the use of technology until the mid 21st century, the government through its education system (Ganske & Hamidon, 2006). However the older generation, which the workforce mainly consists, is less responsive to such drastic changes. Firstly, it is against their culture to voice differing viewpoints to their superiors as it is considered disrespectful therefore, severely curtailing their initiative thus breeding complacency and conformity. Secondly, the lack of formalization (Chan, Foo, Nelson, Timbrell, & Othman, 2010) contradicted the implementation of new technologies; ‘the announcement to embark on e-government (a B$1 billion project) was made in 2000 but it was not until 2003 that the actual planning started (Kifle & Cheng, 2009)’, this 3 years gap have left many Bruneians confused about the process and pro gress. Language is part of a country’s culture. (Bakar, 2008). Therefore any language differences, will significantly hinder Bruneians’ adaptation to technology. Brunei’s national language is Malay while new technologies developed are instructed in English. This sudden change in the use language has adversely impeded on their adaptation. Nevertheless, this is only applicable to the older generation as Brunei government has enforced bilingualism in their current education system. A shift in their language culture from solely Malay to bilingualism will enhance their adaptation to new technology hence fulfilling Brunei’s vision of becoming an e-government whereby all traditional manual paperwork are electronically done. It is indisputable that Brunei will always be ruled by a strict set of Islamic laws, which forms the core principle of the country. Nonetheless, the problems faced by Brunei can be corrected through prudent laws and policies that can be inculcated as part of their culture. Culture shapes the fundamental of the legal and political system in Brunei. The Sultanate laws favour the Brunei Malays because of their shared values and customs while indigenous minorities are viewed inferior (Braighlinn, 1992). This partial treatment could potentially jeopardies Brunei’s economy by distancing relationships with developed countries because of very differing culture and customs and these developed countries have valuable resources, which Bruneians can acquire from. For example, skilled professionals from other countries will be hesitant to enter Brunei’s workforce because they have slower social advancement and benefits. This can be improved on without changing the core principles of Islamism. Furthermore, it is because of their traditional principle of ‘strict essence of conformity and consensus’ (Kramar & Syed, 2012) that has tremendously thwarted their country’s global integration. Brunei’s doctrine, ‘does not allow organization or individual to challenge the government and its policies’, has adversely stunts employees’ initiative. The Majesty criticized their work indifference, working ‘just like a robot with no direction, initiative or common sense’ (Low, Zain, & Ang, 2012). Such inflexible and flaccid work-attitude, would only curtail individual’s motivation at work and more drastically, leading to colossal losses to the organization. To a great extent culture sets the tone of how a country should be governed by defining the boundaries of their operations. However, we can no longer say that a country’s culture is a separate entity from its political system or from its economy or even their adaptation to technology. Culture orientates the parameters of one’s laws and policies, which in turn affects the growth of its economy. Likewise, a technologically cultured country brought about through good policies, could bring about many benefits to its economy. All these factors are intertwined and together they work as a whole system as to how a country, whether private or public companies, should be run. However there are certain strategies which the government can undertake to help individual adapt to the technology. The Government Employee Management System (GEMS) is a project, which aims in achieving an interactive and integrated public service. (Brunei Government Prime Minister’s Office 2010) Human Resource Management (HRM) consists of 2 main functions; the process of managing people in the organization in a structured and thorough manner, e.g. hiring people and retention of people. Secondly, the management of people within an organization e.g. managing relationship between management and employees. Critically, HRM requires the use of technology-based platforms to ensure efficiency and high-productivity of an organization. Thus, the importance of implementing GEMS and ensuring success to facilitate HRM better. Introduction of the use of technical system for HRM Government Employee Management System (GEMS) is a web-based system that enables, â€Å"efficient data input and greater transparency, which allows better management of HRM practices such as recruitment, compensation and benefit.† (Brunei Government Prime Minister’s Office 2010) To achieve greater effectiveness, GEMS will automate a significant number of tasks that were previously done manually. Employees’ information will now be kept in a database accessible to all departments, and it will be easily attainable. It would fasten decision-making because information would be readily available whenever required. Responses of Advancement of technology in HRM However, GEMS was not well received by employees. The Majority of the population belongs to the Malay community, thus finding it difficult to adapt to the English web-based system. Strategies that involve Human Resource enable individual employees to adjust themselves to technological changes Re-training of Employees GEMS was found as a complex system, training is thus, crucial to assist staff and officers to adapt and operate GEMS effectively. Training will greatly assist employees to better manage GEMS, as employees would be able to constructively operate the new system independently. Further mentoring is needed to ensure employees have fully comprehended the use of the system. At the same time creating a sense of achievement and often boost employee’s morale. However, there are several disadvantages and cost to re-train employees. Firstly, the large amount of people in an organization makes it difficult to schedule trainings (N Nayab 2010). Secondly, training requires a lot of time and ample resources, which could be economically disadvantageous in the short run. Hence, organization should thoroughly consider the pro et contra before sending employees for re-trainings. Motivating of employees Another key approach to assist staff and officers to adapt effectively to such changes is through motivation. Rewarding Employees A reward system can be created to encourage the use of technology. A good strategy to ensure adaptation for employees would be the use of monetary benefits. For example, HRM could implement an incentive plan by recognizing its employees for its efforts to adapt and use new technologies. It aims to acknowledge good performance and address the gap between the organization goals set for employees and the final outcomes. Increase job satisfaction of employee The more contented an employee is with its job, the higher possibility an employee would be adaptive to changes. (Richard W. Scholl 2003) Employers can consider satisfying employees’ job satisfaction, such as pay, working hours and job security. With job satisfaction, employees would be more adaptive to changes and the willingness to ensure effective operation of GEMS, which in result beneficial to the company in the long run. However, motivation is subjective. While it can empower employees and employers, its effect may be short term. Therefore, effort must be made consistently, for it will not be able to fulfil its long term effect of adaptation towards new organization goals. Strategies by Singapore Government A country’s adaptation towards technology is nurtured over time, and Singapore is a good example for Brunei to help individual adapt to technology. Singapore encourages technology development in its bid to become the next Silicon Valley (Gregory Gromov 1986). Singapore Government has created schemes and funding, which include cash grants, tax incentives and debt financing (AsianOne 2009). Brunei Government could also implement special schemes and grants dedicated to attract setup and ensure success, encouraging entry of foreign technology investors. This will subsequently, benefit Brunei as it helps risk reduction, in terms of investment in the long run. To further encourage the development of new innovations, SPRING Singapore has a special Technology Innovation Programme (TIP) for those who are able to develop new inventions or improve existing ones (SPRING Singapore 2012). Such programs and campaigns could be implemented in Brunei, encouraging Brunei to be exposed to the latest technology available, resulting in the increase of tech savvy consumers over the years. The above are just some strategies, which Brunei can adopt to help individual adapt to technological changes. There are many other strategies and prudent policies which Brunei can mirror, modeled by the western countries without compromising its core principle of Islamism. HRM is not culturally neutral. The nature of the scope is linked with local institutions, labour laws, corporate strategies and industrial relations vary greatly across national borders. Social Rights Bruneian adheres to the MIB ideology, a set of guiding values with the incorporation of the importance of Islam as a religion. This strict rule over the country means there are limitations to the freedom of speech, freedom of associations and collective bargaining (Kramar & Syed, 2012). However, despite the strict conformity, the government has adopted flexible and family-friendly policies (Kramar & Syed, 2012). For instance, General Order states that one should work no more than 8 hours and there are flexibilities when family responsibilities arise. America offers a much higher degree of freedom to its people. In the case of her stipulated law, â€Å"employees shall have the right to organize and to bargain collectively through representatives of their own choosing, and shall be free from the interference, restraint, or coercion of employers†¦. in the designation of such representatives.† (Stough, 1933). This leads to the formation of Labour Unions, which give the workers’ rights to negotiate terms with the management. The political system of the two countries sets them apart. In Brunei, HRM has to adhere to the country’s strict conformity, affecting multiple HRM issues such as appointments, discipline, work etiquette and appointments. Its people have little or no say over what is decided for them, unlike America. This social rights has seen the formation of Labour unions; an idea in which the government of Brunei will never tolerate. Sociocultural Individualism vs. Collectivism Brunei is more of a collectivist – the working environment culture is such that the people who work together are closely knitted, like a big family (Salleh & Clarke). Supervisors and officers are treated with respect like that of a parent (Kramar & Syed, 2012). Employees have no qualms sharing any problems and issues with their managers. Such informal relationship leads to total loyalty to their group; it gives the workers the sense of belonging and security. America, on the other hand, is represented by individualism (Gorrill, 2007). The need to develop personal relationships is less significant in comparison to Brunei. Individual performances are, instead, highly valued in American culture; managers are only approached for help in essential situations (Gorrill, 2007). The American corporations subscribe to formal corporate planning procedures and are generally viewed as unconcerned with promoting long-term loyalty to the organisation (Beechler, Najjar, Stucker, & Bird, 1996). Thus, a highly competitive work ethic is cultivated, leading to less job security Low vs. High Power Distance With a hierarchical relationship in place, Brunei is thought to possess a high power distance. However, it is not the case. The nurturance and care provided to the subordinates by their superiors imply that a paternalistic relationship is present (Aycan, et al., 2001). In return, the subordinate are loyal to their superior. The relationship positively impacts on the employee participation rates in decision making and problem solving. Evidently, it lowers the power distance between managers and their subordinates. Western cultures are, more than often, represented with a low power distance, thus a certain degree of informality is present. However, in America, an authoritative and organisational hierarchy is very much accepted and entrenched in its business culture (Dana, 2010). In other words, decisions are made from the top. The hierarchical chain of command often supersedes personal relationship and clear distinctions are made between work colleagues and friends (Gorrill, 2007). These leads to a significant power distance between managers and employees. Economy The economic context of a country is hardly predictable and stable, but it is most likely to have long-term consequences for HRM (Kramar & Syed, 2012). The supply and demand of labour forces vary accordingly to the country’s unemployment level. Supply and demand of labour force The benefits offered by the Brunei’s public sector, coupled with the family-style work culture, create a stable and secured work environment. As such, a job position will, almost, only be available when someone retires or resigns (Kramar & Syed, 2012). 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