Explain The Term Structure Of Interest Rates Essay

Explain The Term Structure Of Interest Rates - Essay Example Interest date data for bonds with different maturities date is published frequently and investors can use it to determine the term structure of interest rates. Some of the most popular interest rate data sources are the Wall Street Journal, Federal Reserve Bulletin and websites like Bloomberg and CNN. The term structure can be verified at any point in time by using published data from renowned sources. Yield curves are drawn using this published data on interest rates. There are short term and long term interest rates. Since long term interest rates have an element of maturity risk premium (MRP), they are usually higher than short term rates. When researching on the term structure of interest rates, it is important to have knowledge of commonly used terms like the Yield to Maturity (YTM), which is defined as the expected rate of return on a bond held till maturity (Brigham and Ehrhardt, 2010). Another concept which is discussed with YTM is that of the zero coupon bonds (or discount b onds). A zero coupon bond is a financial asset which at the date of maturity T, pays its holder a lump sum amount, with no coupon payments before the date of maturity (hence the name zero-coupon). The YTM at time t of a discount bond with maturity T is the constant and continuously compounded rate of rate of return at which the price of the bond accrues from time t to time T and pays one currency unit to the holder at time T. The YTM is also referred to as the spot rate and the notation R (t, T) is used for it. Spot rates are short term interest rates and the term structure of interest rates depicts the relationship between spot rates and their dates of maturity (Gibson, Lhabitant and Talay, 2010). Interest rates are not only used in discounting and pricing for zero-coupon bonds but also other financial derivatives because their prices are sensitive to interest rates. If we go beyond the scope of an individual investor, we can see that interest rates are also important to corporatio ns. This is because when corporations are doing project appraisals, they use interest rate for computing the net present value and the discounted payback period for a project. The cost of capital which is of prime importance to corporations also depends upon interest rates (Benninga and Wiener, 1998). It will be useful to specify the type of interest rate before discussing investment decisions and discounting. There are two main types of interest rates: simple interest rate and compound interest rate. Simple rate of interest is interest on a lump sum principal amount and it does not itself earn interest. Quite contrary to this, is the compound rate of interest which itself earns interest. Investment decisions and discounting are all predominantly based on compound interest rates (Kelly and Tracy, 2010) Long term interest rates are an average of short term interest rates. The relationship between short and long term interest rates involves expectations. For example, if it is expected that short term interest rates will fall then the long term interest rates will fall below the current short term rate. The contrary situation is also valid: if it is expected that short term interest rates will increase then the long term interest rates will rise above the current short term rate. These two situations are possible only because long term rates are derived from short term rates. It is a general perception that long rates are greater than short rates and this is termed as the ‘

Argo Case Study Leadership Analysis Essay Example | Topics and Well Written Essays - 3000 words

Argo Case Study Leadership Analysis - Essay Example In addition, they have noted some areas that are certainly in need of improvement. This report addresses each. 1. Part A - Leadership Criteria: From the case study of ARGO, select ONE sub criteria from the Leadership section and assess it using the RADAR methodology and EFQM requirements of the Leadership criteria. 1.1 Two Strength areas (things ARGO did well as related to applying the requirements stipulated in the criteria or the RADAR) Let us consider section 1 d of the leadership portion of the case study. This section details that ARGO leaders are to reinforce a culture of excellence with the organization’s people. As of recent assessment, it was felt that the manager were not living up to this part of the vision, partly because they themselves felt cut off from the corporate culture of ARGO. This was understandable, but certainly an area that could be improved upon. One strength area that was implemented rested in the CEO of the company taking two days in February to hos t a retreat style event over two days. This event provided the entire company a chance to connect with its various leaders and to be reminded of the corporate vision of ARGO. The nature of the work that the company is quite stressful, and given the remote location of many of the job sites, disconnect can often set it. These events provide an opportunity not only for the CEO to share what has been happening in the company, but also to hear from various managers about aspects of the business that need improving. In this sense, the company has done well an deploying a system of enablers, under the RADAR logic of the EFQM model. Rather than simply sending out corporate memos that dictated company policies on a continent wide scale, the company has enabled its respective managers to carry out leadership functions based on their own unique situations, as long as they within the company vision. By meeting together once a year, in a strategic environment, the company is further enabling an atmosphere of teamwork and congeniality to be developed that should serve to enhance the quality of relationships experienced by all employees. A second strength exhibited in this area involves the change to have all managers leave their enclosed office and work out amongst their staff in an open plan layout. This puts the focus on the employees. It makes them feel that they are valued and important. In addition, it allows the manager to have a better grasp of the overall work culture in the office. You see, when a manager remains in a closed office, or even one with a strong open door policy, they cannot possibly pick up on the attitudes and feelings of their staff. They do not know the struggles that are potentially being encountered by the team, nor do they really know what is going well. By sitting amongst the staff, problems can often times be headed off before they emerge into serious situations. This also enables the managers at ARGO to truly reinforce a culture of excellence that is being talked about in this leadership section. When sitting in a closed office, the staff are not really able to see what the manager is doing. If things are not going well within the organization, the manager will be the one initially to blame because the staff will no see that they are truly performing their duties in line with the culture and vision of the company. This has been express before on EFQM self-assessments where the employees do not always believe

HIV virus Essay Example for Free

HIV virus Essay The HIV virus that causes AIDS is said to have originated from non-human primates i. e. monkeys and chimpanzees in sub-Saharan Africa and was later transferred into humans in the late 19th century. It is thus proposed that the origin of HIV is the Simian Immunodeficiency Virus (SIV) which affects monkeys given those strains of SIV found in monkeys and chimpanzees corresponds with those of HIV-1 and HIV-2 respectively and that it was transferred to human through Zoonosis. The spread of HIV from West Africa was concurrent with the development of colonial cities (Emlet, 20). AIDS has become a pandemic due its high rate of mutation or variation making it escape thus rendering drug therapy ineffective. Additionally, developing countries are facing a rapid and uncontrolled spread of AIDS. This is attributed to ignorance, poverty and traditions which makes majority of these people to indulge in unprotected sexual behaviors thus facilitating the high rate of spread of the virus. HIV is a retrovirus which is part of lentivirus that attacks’ the immune system and they take a long time before they can produce any adverse effects in the body where it stays in a latent form. Acquired Immune Deficiency (AIDS) is a condition that sets in when the Human Immunodeficiency Virus (HIV) has killed many T-helper cells in the white cells resulting to lower immune system which cannot resist infections. The characteristics of the virus are that they have many strains and mutates rapidly. This has made its cure to be difficult given that it does escape vaccines or treatment (Emlet, 32). An infected person will only test positive at a seroconversion point which is the level in which the HIV antibodies are detectable. HIV virus is transmitted through conduct of a mucous membrane or the blood stream with a bodily fluid containing HIV like blood, semen, vaginal fluid, breast milk or preseminal fluid. Possible causes of the virus are; unprotected sex with a person who is infected which either be oral, anal or vaginal. Use of contaminated needle especially drug users, blood transfusions, and mother infecting her child during pregnancy, labor or after delivery via breast milk and any other exposure to one of the bodily fluids (Emlet, 43). The effect of HIV virus is that it suppresses the T-helper cells by deranging or binding them together to the point that they become functionless thus not able to fight pathogens. Given that the immune system is down, the familiar AIDS complications like infections and neoplasm results. Consequently, further cell damage or cytopathy, oral health problems like candidiasis, kaposi’s sarcoma and AIDS dementia complex arises too. Moreover, it has the economical effect for it deprives the society its resources and manpower since the treatment for the disease is costly thus requiring a lot of money. The most common symptoms of the virus infection in their primary stages are; fever, aching muscles and joints, swollen glands, sore throat and malaise. Mononucleosis, recurring respiratory tract infections, prostatitis, oral ulcerations, tuberculosis, and pneumonia are later symptoms of the condition in view of the fact that the body defense mechanisms have been tampered with. In conclusion, the HIV virus has become a universal concern given that no cure, vaccine or treatments have been found which can deal with the epidemic. More research is being conducted on possible treatment and in the next twenty years, a solution could have been found. Continual usage of antiretroviral therapy, sex education and protected sex are key measures for dealing with AIDS (Emlet, 68). The research on a caraguard which is a microbicide gel derived from seaweed is believed to destroy viruses is being tried for prevention of the virus. The protein discovered within the T-cells which are attacked by the virus in order to suppress HIV replication thus there is hope for an effective treatment in the future.

Marc Forster’s Monster’s Ball Essay -- Marc Forster Monsters Ball Ess

Marc Forster’s Monster’s Ball Marc Forster’s Monster’s Ball is a depiction of one man’s journey to overcome his lifelong ignorance, but this seems to be the film’s only accomplishment. The grisly drama attempts to address pressing racial issues, but instead it creates a monstrous web of unanswered questions and unfulfilled plotlines cleverly masked by brilliant acting and cinematic beauty. The first half of Monster’s Ball revolves around a family of executioners responsible for the last days of a black death-row inmate. Billy Bob Thornton is striking as Hank Grotowski, a native Georgian who has spent his life following in his father’s footsteps both as a corrections officer in the state penitentiary and as a racist. Peter Boyle plays Thornton’s retired father and delivers a gritty performance that is a welcome change from his role as the wise-cracking Frank Barone on CBS’s Everybody Loves Raymond. Heath Ledger is Sonny Grotowski, Thornton’s son, a third-generation corrections officer who never lives up to the family’s tough-guy standards and dares to have black friends. Hank and Sonny are part of an execution team assigned to Lawrence Musgrove, a cop-killer skillfully portrayed by Sean Combs, whose impressive performance suggests that his acting career may have as much earning potential as P. Diddy’s current line of work . Thornton’s portrayal of Grotowski is flawless—his best since 1996’s Sling Blade—and helps one forget such disappointments as 1998’s A Simple Plan. He becomes Hank and leaves no trace of Billy Bob on the screen. Grotowski’s dialogue is limited and purposely lacks profundity, forcing Thornton to convey meaning through action. When Hank descends his front porch to meet his son’s two black friends with a s... ...m—when the â€Å"monster† himself, Lawrence Musgrove, is awaiting death. Chesse creates depth and parallelism between Lawrence and Leticia, bouncing back and forth between the activities on death row and in Leticia’s home. The scene is reminiscent of Dead Man Walking, but Combs’ Musgrove is a welcome departure from Sean Penn’s Matthew Poncelet in that Musgrove accepts his fate and doesn’t fight death. This allows him to be fully effective in conveying what is the film’s best line of dialogue as well as its main theme: â€Å"It truly takes a human being to really see a human being.† Monster’s Ball had the potential to be a gripping tale of love lost and love found, but that potential is lost in a sea of subplots that drowns the main narrative. Forster is left with a film that is little more than a star vehicle for Berry’s and Thornton’s most compelling performances to date.

Outline on the Effects of Reality Tv

Outline: Research Paper: Reality TV and its influence on the younger generation I. Introduction A. Media has a huge impact on how people truly see themselves, particularly in women and young female teens. Reality television has made the standards of beauty quite high these days and there is a definite change in society’s view on what is truly beautiful. Turning off the TV has simply become too hard when it comes to reality TV shows 1. Turning into their favorite movie star is becoming more normal than ever.Skipping meals to look like the girl on the cover of the magazine keeps many people wandering what other lengths girls will go to to look like someone else. 2. These reality TV shows are gruesome and harmful to one when they say, â€Å"Reality television is a relatively new fad in America that is sweeping the networks’ ratings and redefining programming altogether. Viewers cannot seem to get enough of the torture, embarrassment, temptation, and above all, drama of ot her regular, everyday people being placed in unrealistic settings and manipulated for the world to see†(Pontius).Leaving an everlasting affect, these shows do a lot of damage. B. Children consider makeup a necessity at a younger age. Reality TV has caused an obsession that is unavoidable. It is a crude form of entertainment, but so many people watch it and it becomes hard to turn it off. But why are people so interested? Somebody else’s lives and somebody else’s problems. 1. Women fighting over ‘their man’ 2. People trying to survive in the dessert 3. People suffering from drug addictions C. But they give off the wrong message to young girls.Though some TV programs support healthy lifestyle choices, viewers do not realize that these shows can easily damage one’s self-esteem and body image. The female audience needs to recognize the false reality of television and realize that the women on reality TV are in fact, nothing close to real. 1. Reali ty TV is powerful and influential D. Reality TV is the main source for eating disorders. Media exposes girls to anorexia and eating disorders. Girls see themselves as overweight when some are not even close to being overweight. 1. Bulimia is regurgitating food after overeating to rid them of the food. . Anorexia is not eating at all or eating very small amounts such as a small pile of lettuce. They are starving themselves to lose weight II. Eliminating reality TV shows will keep children from partaking in unprotected sex. A. Since 2005 teenage pregnancy rates have increased significantly 3. 5 percent. 1. Shows such as â€Å"Teen Mom† were created to show the hardships of teenage pregnancy and deteriorate children from wanting to have kids. Instead it has showed them having children is not the worst thing to happen to a girl. Having a kid ensure your boyfriend stays with you. . While teen pregnancy would have been a major issue 20 or more years ago, in today’s day and a ge it has become more common. â€Å"The MTV show 16 and Pregnant and its spin-off Teen Mom have fetishized teenage motherhood and, bizarrely, made it glamorous. 16 and Pregnant, a reality series that began last year, purported to show the hardships endured by teen mothers but somehow evolved into a soap opera in which the central figures, with badass boyfriends and bewildered parents, became intriguing figures – even figures to be emulated† (Want be American R3).Glamorizing pregnancy only intrigues young girls and makes it seem like something fun when it can change their life. B. Children are learning from what happens on TV. They learning it is okay to get pregnant before you complete high school 1. Kids learn from what they see when people say; â€Å"Therefore, the study of television fiction products specifically targeted at young audiences can contribute knowledge on what kind of images and portrayals of teenagers they will consume†(Munoz Fedele 133). When k ids see something happens on TV they are most likely to reenact what they saw in their everyday lives.C. As teens and young adults continue to feast their eyes upon these â€Å"real† teen pregnancy shows, the more the teen pregnancy rates increase. Kids also have mistaken this show for an excuse to experiment with sexual desires. While high school students are taught to abstain from sex in numerous health classes, they learn from MTV that a lot of teenagers participate in sexual intercourse. This gives them the idea that sex is normal for young teens and that they should join the bandwagon too III. Kids experiment with drugs and alcohol when they see other kids their age on TV doing the same thingsIV. Young girl’s self-images are influenced by the reality TV shows they watch. A. Girls especially are influenced by what they see on TV. 1. Most girls will do whatever it takes to be skinny and look like the stars that weigh 100 pounds â€Å"†¦ the media influence on the cultural phenomenon of dieting and the perfect body. â€Å"Commercials and reality TV shows make you feel bad about yourself so you buy into the fad,† Cohn said. The diet industry earns $50 billion each year on diet pills, and $8. 4 billion is spent every year on cosmetic surgery.Women — and men, Cohn stressed — want to be thin, because large men and women are ridiculed† (Demmel). Eating disorders continues to be problem among young girls because of their role models. Girls on reality TV shows have that ‘perfect' body and girls what to be everything like them. B. Influences girls to want to alter their bodies through plastic surgery 1. Plastic Surgery has expanded to more people than ever. Most of the people watch reality TV and strive to be like the person they see on TV. Plastic surgeon John Persing and his colleagues found that 57 percent of patients, whose average age was 36, regularly watched one or more reality shows† (Boodman E4). Si nce more people are watching Reality TV shows and the number of plastic surgery’s has increased, one can assume the people watching the shows are the people who are getting plastic surgery so they can look similar to people on TV. 2. Every little girl dreams of being a star and by watching these shows, most of them think they can only be one if they look like the girl on TV when said, â€Å"But in 2010, when Heidi Montag's bloated lips plaster every agazine in town, when little girls lust after an airbrushed, unattainable body ideal, there's a growing bundle of research to show that our bias against the unattractive–our â€Å"beauty bias,† as a new book calls it–is more pervasive than ever† (Bennett 46). Persuading little girls to want plastic surgery. C. Shows girls they can’t be comfortable in their own body’s unless they have a certain body type that is skinny 1. Many women don’t feel comfortable in their own bodies because of what they see on reality TV.They see thin girls on TV and assume they have to fit the same stereotype to be liked when said â€Å"Girls and women in our culture are bombarded with so many messages about being thin and perfect that it can be really, really hard to truly believe we are beautiful just the way we are. That doesn't mean that we're failures in any way; it's really the culture that has failed us†(Help yourself other) some women find it so hard to believe they can be happy if they aren’t as thin as that girl they saw on Jersey Shore or The Hills. V.Watching reality TV affects the way children deal with conflict or crude situations in school and out of school A. Aggressive B. drama VI. Reality TV shows affect the way girls perceive the world. A. What girls see on TV is what they expect to happen to them. 1. Affecting everyday actions, reality TV has a big impact on individuals. When said, reality TV tends to be the center of all problems in our culture. It c reates a memory that affects the way one thinks and acts (Course Examines How). It can persuade someone to act a different way than normal.According to how they saw someone on a show act, they feel the need to act or try in act in the same way. B. Watching reality TV makes it difficult to distinguish between reality and non-fiction 1. When people see something on TV, they assume it’s something that will happen to them. They assume the things on TV are real life situations when practically they could be impossible. They still focus on it when said, â€Å"This type of show that largely impacts on young people and generations, do not reflect the style of life in our society† (TV Values Destructive).With this motto in mind, it can affect the way young people live their lives. 2. Watching reality TV allows a child to believe what happens on TV is only what can happen to them. It has been proven that; â€Å"The mere fact that it is called reality is misleading in itself and I think it is giving them a very limited view of what is possible,† she said, adding that many young viewers were unaware that reality shows were heavily manipulated, edited and commercially driven† (Hazelhurst qtd. in Edwards). Many children don’t know the extent behind reality TV shows. . Many agree that often times things come a lot easier on TV or are made a lot simpler when said, â€Å"On the screen, any major life problem is portrayed as simple, or at the very least, not as complicated as in real life. On television, any time a woman unexpectedly gets pregnant, she debates whether she should have an abortion, but coincidentally has a miscarriage right before she has to decide† (Pritchard). When kids see something bad happen then automatically something well then more times than not they will do something that will result in something worse.When that good thing doesn’t come to save them, they feel lost. VII. Conclusion A. Drilling into kids hea d that being skinny or looking the best or being the best is important, Reality TV shows have mislead the way children see things. If something isn’t done to stop what’s being shown on TV, kids will continue to starve themselves to be the skinniest, abuse drugs and alcohol, and teen pregnancy rates will continue to increase. Not all of these cases are a result of media and reality TV, but it plays a big contribution. . Most people agree children would be much better if reality TV was no longer available when they say, â€Å"I confess I find TV such a corrupting phenomenon that I believe the best solution to combat the damage it causes would be to do away with it entirely† (Gatto 45). Without reality TV, kids would be able to focus on more important things 2. Reality TV shapes the way kids think when researchers say; â€Å"Especially with young, impressionable minds out there, more honest portrayals need to circulate.The real world is meaningful and exciting in its own right, so why not represent it at least somewhat accurately on screen† (Pritchard). Their minds are shapeable and reality TV shapes them into believing the wrong things about life. 3. B. Reality TV shows that were created to show teenagers the hardships of life and is actually glamorizing the worst of the worst to make kids want to experiment, should be forced to bring to a halt any new recordings of the ones already recorded should be removed from TV. 1. The Federal Communications Commission’s is in charge of regulating what’s on TV.By persuading the lawmakers to pass a law that dismisses any sort of crude reality TV shows from being aired, children can learn to behave and act in a way accepted in society. C. Bridalplasty was a show that aired that showed 12 brides competing in order to get the grand prize, plastic surgery of their choice for their wedding. Young girls are growing up with the mentality that they won’t be perfect unless they have s ome kind of plastic surgery and it’s no wonder they think this with the kind of shows on TV.

Philosophical View of the Little Prince Essay

Sartre believes that most relationship start out not because they are attracted to one another, but it is because of how one makes the other feel about himself/herself by how the other looks at him/her. They need each other in order to see themselves by basing it on the look of the other. This arrangement is often mistakenly known as love but it is really just both participants being enslaved by the look of the other that they feel the need to prove that they have control over the look. According to Sartre, love is the first attitude that one develops towards the other. But with this so-called â€Å"love†, one tries to understand the other’s freedom while also trying to preserve his freedom, thus creating conflict between the two participants. The paper will focus on love and the self-other relation through the story of the Little Prince. Through this book, the real essence of love is to be explained in line with the self-other relation. The concept of â€Å"The Lookâ €  will be used to explain the conflict of the characters in the story, especially the story of the rose and the Little Prince. â€Å"The Look† is to see yourself how others see you. You are conscious of your existence because you are aware that others see you. The book of The Little Prince tells us the story of a pilot who crashed and was stranded in the desert – which is also a personal experience of the author – where he meets the Little Prince. The Little Prince tells the pilot about his journeys and his experiences. The paper intends to tackle love and the self-other relation through the Little Prince, The Little Prince’s journeys, and the Pilot himself. In relation to love and the self-other relation, the story of the rose and the Little Prince is a good example to explain the real essence of love. The Little Prince’s love for his planet is to be given emphasis in this paper in line with him being the caretaker of it. Also, the paper will talk about the journey of the Little Prince and use this to explain why adults do not see what is deep inside but sees what is on the surface. The Pilot’s low opinion of adults will be explained through the self-other relation based on the experiences of the Little Prince in his journey. Lastly, the conversation between the fox and the Little Prince will be singled out to full answer and explain why we are responsible for the one/s we love. â€Å"It is only with the heart that one can see rightly; what is essential is invisible to the eye.† Using the quote, the real essence of love is to be explained and reason out the conflicting feelings of the Little Prince towards the rose before and after his conversation with the fox. HOW IMPORTANT WAS THE ROSE TO THE LITTLE PRINCE? WHY DID THE LITTLE PRINCE LEAVE HIS PLANET? The Little Prince sees himself as the caretaker of Asteroid B-612 because that is his home. The asteroid is so tiny that he can watch the sunset forty-four times in a single day. His whole existence, his life has been nothing but a bore, doing the same thing every single day. He watches every seed that sprouts out of the ground making sure that those seeds are not Baobabs and are not a threat to his home. He does nothing but makes sure that the Baobabs are taken out every time they start to sprout so that they would not destroy his home. Until one day, a peculiar seed shot up from the ground and he worried that this might be a new kind of Baobabs but it ended up being a flower he has never seen before; a rose so beautiful that he could not restrain his admiration. For the first time, he felt like he had another purpose in the planet and that is to love and protect the rose from harm. The Little Prince took care of the rose by watering it, protecting it from the wind, and from other p otential harm. Through the rose, the Little Prince saw himself as something much more than he was before the rose came. It was like the rose gave him another reason to exist. He needed the rose to realize his own importance and to seek another meaning for his existence. For example, when Lestat turned Louis into a vampire, he was happy because he found a friend, he knew that Louis needed him and that gave his vampire-existence meaning. Louis needed Lestat as a friend, as a teacher, and a lover. A friend in terms of giving each other company, as a teacher since he is new to this life, and a lover because Lestat makes and tells Louis that he is a beautiful creature – no one is to be compared to Louis beauty. Lestat, knowing that Louis needs him, makes him feel like he is important and suddenly, there is more than just being a vampire. In relation to the story of the Little Prince and the rose, the Little Prince felt his importance because he knew that the rose needed him to survive. Without him, the cold winds of the night would just take the rose away, ending its life. The Little Prince knew this so he took care of the rose very well because he cannot afford to lose the rose. He was attached to it and he knew that he loved the rose. The rose makes him feel very special and he sees himself as the caretaker of it because the rose sees him as its caretaker. He finds the definition of his being through the rose and when he started doubting the rose because he caught it lying, he also doubted his being. He felt like that him, being the caretaker and the lover of the rose, is not the real him because the rose lied to him and the rose could be lying to him the whole time. He could not see himself as the caretaker, the friend, and the lover of the rose because he also started doubting himself when he started doubting the rose. He also questioned his â€Å"love† for the rose and said â€Å"†¦but I was too young to know to love her†. He started doubting his knowledge about love when at the start, it was already evident that he knew about love because of how he took care of his planet and the more when the rose arrived. He saw himself as the rose saw him so when the rose lied to him, he saw himself as nothing. He felt like the rose didn’t see him as someone special because it lied to him and so he saw himself as nothing special. This led him to leave his dear planet but he didn’t leave without putting everything in order. Even before it leaving it, he still showed love for his planet and to the rose even if he himself doubts his own love. He needed to see himself in another way aside from how the rose sees him and he hoped to find this through his journey. WHY DO ADULTS TEND TO SEE WHAT IS ON THE SURFACE INSTEAD OF WHAT LIES BENEATH ACCORDING TO THE PILOT? HOW IS THIS EVIDENT BASED ON THE LITTLE PRINCE’S JOURNEYS? â€Å"I would bring myself down to his level. I would talk to him about bridge, and golf, and politics, and neckties. And the grown-up would be greatly pleased to have met such a sensible man.† The Pilot’s notion about the adults never changed. He always sees adults as ones who need constant explanations for them to be able to understand things. The adults only see what they think is important to society and they tend to neglect what is deep inside. Take the Turkish astronomer for an example, when he presented his findings in his local attire, the adults made fun of him and did not believe him. But when he changed what he was wearing into something more acceptable and presented the exact same thing, the adults believed him and accepted his findings. The Turkish changed his appearance because he needed the society to accept him and for this to happen, he needed to change. He saw himself as someone worthless and someone to be made fun of just because the others saw his works worthless and made fun of him. He was not a Turkish astronomer without his audience accepting his works. Also, in the Little Prince’s journey where he met the King. The King saw himself as the King of everything because he believes that that is his purpose. His commands are already what the people are expected to do. He sees himself as king because he thinks that he controls the stars, by commanding them to shine, and they do of course because they are stars – but the stars, being the other, is a very important factor in the King’s self because through the stars â€Å"obeying† his command, he believes that he has rule over them, therefore he is king. Same as the other people or things he thinks that he has control over just because he is already commanding them something they are supposed to do. The Little Prince’s visit on the planet of the conceited man was very short for the conceited man does not know anything but to be admired. Without his admirers, he is nothing. To be able to be vain, he needed constant admiration from the visitors of his planet. The Little Prince simply did not understand why the conceited man needed to be admired. The Tippler, on the other hand, cannot live without his bad drinking habits because that is what makes him the â€Å"tippler†. If he chose not to drink ever again, then he would no longer need alcohol and then he would lose sense of what he really is for being a tippler is what he has been his whole life. The businessman, who counted stars because he thinks that by doing this he owns them and could buy more if any are to be discovered, knew nothing but to count stars. Again, without the stars, he is nothing. There is nothing else to count that would require a lifetime. He found his being through the stars and by doing so, he felt like he owned the stars and is responsible for them. By doing so, he took away his own freedom by obsessing over the stars and letting the stars control his life. The Little Prince’s visit to the lamp lighter was different because according to him, the lamp lighter was not absurd like the others. The lamp lighter was faithful to his orders and he knew what he was doing and it served a purpose. To light the lamp at night means to give light in darkness, and to put it out in daylight because there already is light. The lamp lighter’s lamp is the Little Prince’s rose. The lamp lighter is responsible for the lamp the same way the Little Prince is responsible for his rose. The geographer was just like the others whose job is a little bit absurd. He is a geographer but has not explored any planet, even his. He just sat behind his desk and writes whatever his explorers have for him. All of the Little Prince’s visits, the adults spoke of the same thing: â€Å"matters of consequence†. The adults only saw what is important to the eye because through this, they find themselves important too. They think of the material things because this has value – concrete value – and to own something with great value means being one of great value too. This is all evident because they are all concerned with matters of consequence. The adults do not see what is beneath because they worry about how caring about something foolish would make them foolish and they cannot let see others see them foolish because then, being foolish would be their identifier. The adults concern themselves with only important things so that others would see them as important and they only see themselves as important because others see them that way. WHY ARE WE RESPONSIBLE FOR THE ONE/S WE LOVE? †The Little Prince asked,â€Å" What is it to tame?† The fox replies, â€Å"It is to establish ties†¦ to me, you are nothing more than a little boy who is just like a hundred thousand other little boys and I have no need of you†¦ But if you tame me, then we shall need each other. To me, you will be unique in the entire world. To you, I shall be unique in all the world.†Ã¢â‚¬  In this dialogue between the fox and the Little Prince, the fox explains to the Little Prince the value of taming one. He explained that through taming, you are able to establish a relationship with each other. Because of this, the Little Prince was enlightened on how the rose is still unique even if he found a garden of rose in the desert. He took care of the rose until it grew and they established a relationship. They needed each other. The Little Prince needed the rose because he was the one who nurtured it and the rose needed the Little Prince because it needs someone to nurtur e itself. He realized that all the other roses are â€Å"beautiful but empty†. He knew that his rose is beautiful and unique because they share something that the other roses do not have. They have love for each other and they have given each other the gift of friendship. His love makes him responsible for the rose because it was his love for it that started the attachment. He encouraged the rose to depend on him and by showing it that he will always be there to protect and nurture it, hence him being responsible for it’s safety and existence. When you start to love someone, by showing your care and affection for him/her, you are somehow taming him/her, therefore making you responsible for him/her. With this realization, the Little Prince was happy because he knew that what the rose told him was not really a lie and so he saw himself again as someone special; special because he is responsible for the rose, which is of great value for him for he has tamed it. Not only did the Little Prince learn about the important of his rose and his own importance, he also learned about love. The thing he thought he was too young to know of, is now something he knows best about. â€Å"It is only with the heart that one can see rightly; what is essential is invisible to the eye.† The Little Prince’s mind is now clear of his doubts for the rose. He now knows why the rose is very important to him. â€Å"It is the time you have wasted for your rose that makes your rose so important.† â€Å"You become responsible, forever, for what you have tamed. You are responsible for your rose.† The Little Prince kept repeating this to himself so that he would no longer forget and doubt the rose’s uniqueness, causing him to also forget and doubt his. CONCLUSION Love and the self-other relation was the explained through the story of The Little Prince. Three main arguments were presented: (1) the rose’s importance to the Little Prince and his reason for leaving his planet, (2) the probable reason why adults only see what is on the exterior and not what is inside, and (3) to give explanation on our responsibility towards the people we love. To explain the rose’s importance to the Little Prince, the Little Prince as the caretaker of his planet was used to why the rose’s existence changed his. He was just a simple prince; taking care of his planet until a flower of such beauty arrived and he had another purpose in the planet. This newfound purpose was used to elaborate why the Little Prince felt the need to leave his planet and clear his mind of his doubts. The journey of the Little Prince and his stories about the different habitants of each planet he visited were used to reason out the adults’ way of perceiving things, in line with the self-other relation and through the use of â€Å"The Look†. Finally, the last part of the paper explains one’s responsibility for the things or people he/she loves through the wise words of the fox to the Little Prince. The quote, â€Å"you become responsible for what you have tamed†, was used to explain why exactly are you responsible for it by aligning it with why the rose is that much of important to the Little Prince. In summary, love and the self-other relation are closely related because â€Å"love† is the first attraction that develops towards the other. Some just find conflict with the other because they let the look consume their freedom too much that they often confuse their feelings for it for something else. References: 1. Antoine de Saint-Exupà ©ry, The Little Prince (London: Egmont Books Limited, 2002), 5-89. 2. Noelle L. de la Cruz, Sartre on being-for-others & Interview with a Vampire (1994) (presentation at De La Salle University, Manila, Philippines, November 19, 2012). 3. Foxfoo, The Little Prince-Personal Footnotes, http://foxfoo.blogspot.com/2008/01/little-prince-personal-footnotes.html (January, 2008).

Proper nouns in translation Essays

Proper nouns in translation Essays Proper nouns in translation Essay Proper nouns in translation Essay Abstraction Proper nouns are considered to be so fiddling in interlingual rendition that sometimes transcribers pay no attending to them. Some transcribers are of the sentiment that there is no demand to interpret them at all. However, if we look profoundly into interpreting procedure, we realize that it is wholly contrary to the above-named scheme. Therefore, transcribers have suggested different schemes sing the interlingual rendition of proper nouns. They can convey about some problems for transcribers particularly in the class of interlingual rendition between different civilizations. Therefore, masterful attending must be paid to them. The survey intends to convey to the surface the schemes that have been used in interpreting proper noun in the plants Alice in Wonderland , David Copperfield and Little Prince . For this intent, we as research workers have chosen the Vermes’ ( 2003 ) manner of interlingual rendition schemes for rendering proper nouns. It has been manifested that the tr anscribers have preferred to utilize the transference scheme more than other schemes for interpreting proper nouns in the aforesaid plants for the interest of lucidity. Introduction: Translating proper nouns is non a simple undertaking because it can convey some issues to the surface if they are mistranslated or non translated at all ; furthermore, transcribers have to be really careful when they want to interpret proper nouns. Assorted interlingual rendition schemes have been suggested by Hervey and Higgins ( 1986 ) , Newmark ( 1988 ) , Theo Hermans ( 1988, ) Vermes ( 2003 ) , Farzane Farahzad ( 1995 ) , Anthony Pym ( 2004 ) , Lincoln Fernandes ( 2006 ) , and Heikki Sarkka ( 2007 ) . Consequently, Vermes ( 2003 ) states that The interlingual rendition of proper names has frequently been considered as a simple automatic procedure of transference from one linguistic communication into another, due to the position that proper names are mere labels used to place a individual or a thing. ( ) the interlingual rendition of proper names is non a fiddling issue but, on the contrary, may affect a instead delicate decision-making procedure, necessitating on the portion of the transcriber careful consideration of the significances the name has earlier make up ones minding how best to render it in the mark linguistic communication. Newmark ( 1993, p. 15 ) believes that proper nouns are a interlingual rendition trouble in any text and it should be determined whether the name is existent or invented. In unliterary texts, transcribers have to inquire themselves what if any extra explanatory or classificatory information has to be supplied for the TL readership . Every linguistic communication has specific proper nouns, some of them are wholly related to the civilization of that linguistic communication. Consequently, these nouns can convey about particular apprehension jobs for the readers of that text. Proper nouns may convey specific significance and excluding this specific significance can sometimes destruct the whole interlingual rendition. Translating or maintaining proper nouns chiefly depends on the nature linguistic communication. The nature of the beginning and mark linguistic communication should be taken into history. Whether they are from the same household or proper nouns are trans-cultural names. All of them should be considered in the procedure of interlingual rendition. This shows the importance of rendering a name that may look so simple in the class of interlingual rendition and that it might have no attending. The text type is besides of premier importance. Whether the text is belong to the sphere of literature or non. Whether it is written for kids or non, but it should be translated for the kids readers ; and many other factors can impact the procedure of interpreting proper nouns. Children s literature encompasses narratives, books, magazines, and poems that are devoted to kids, hence, it has ever been critical for transcribers to render the proper names in kids literature in a proper manner so as to convey the significance more easy and do the interlingual rendition more comprehendible for the kids. When we talk about kids literature the construct of cultivating and foreignizing is highlighted. From our point of position, every transcriber should see different parametric quantities before interpreting any kinds of text as for kids literature this factor can be age. The chief intent of our research is based on the probe of the proper names in Children Literature. We, as research workers, have been led to believe that different transcribers have adapted different schemes to interpret proper names. We will to the full size up the schemes taken by these transcribers in Alice in Wonderland, David Copperfield and small Prince. In the aforesaid plant we have found different types of proper nouns all the three work follow the same form, hence, we merely reference Alice in wonderland in this subdivision. In Alice in wonderland we found 2 types of proper nouns. First, the names that explicitly refer to the author’s existent universe and original references particularly in the verse form of the narrative such as Mary Ann, Ada and Mabel which refer to the author’s existent universe we besides found proper nouns that explicitly refer to the original and historical references in the narrative such as Australia, London, Rome . Second, we found n ames that refer to fabricated characters such as Alice, Bill, and Pat ) LIT Different researches have been done with the same topic and assorted consequences have been produced sing interlingual rendition of proper nouns. Puurtinen ( 1995 ) suggested that the being of many foreign names with hard diction brings about myriad of obstructions for the immature kids due to their unnatural spelling and phonological sequences. Name signifiers such as Ahoshta Tarkaan clearly shed visible radiation on the phonological differences of between two linguistic communications. Hence, It is more preferred to alter the native proper noun in such a manner to rid of this phonological differences and do the reading easier for the kids. In the same line Lia Wyer ( 2003 ) besides suggested that some in some instances interlingual rendition of proper nouns can non be accepted due to some phonological and morphological differences in the two linguistic communications ; moreover, he pointed out that interpreting proper nouns to in kids sallies can be both negative and positive. Children sometimes find it hard to pronounce the native names, hence, in this instances interlingual rendition should be done in a manner to ease the readability for the kids.However, He claimed that when the phonological and morphological system of a proper noun in the beginning text is changed for the interest of readability in some instances this process destroys the nature of the beginning text. Sanaty Pour ( 2010 ) asserted that interpreting proper nouns can be a challenging and burdensome undertaking for both advanced and novice transcriber and overlooking the interlingual rendition of proper noun can be harmful both to the transcriber and the reader. Furthermore, she suggested that proper names are culture-bound names, hence, this should be taken into history when interpreting them particularly in kids literature because holding information about the civilization of the mark linguistic communication can assist the transcriber to reassign the proper noun in a manner which suits best to the civilization of the mark linguistic communication. Clouet ( 2002 ) compared the Gallic and Spanish interlingual rendition of proper nouns in Harry thrower and concluded that Spanish transcriber kept the proper nouns unchanged and added that the Spanish were of the sentiment that any version in the signifier of the proper noun would estrange the immature reader from the beginning text and the full significance.On the other manus, the Gallic transcriber opted to interpret and alter the signifier of proper nouns because they believed that readability is of premier importance for the immature reader and it should be done even at the monetary value of destructing the originality of the beginning text. Morarasu ( 2006 ) studied the interlingual rendition of proper nouns in Dickensian novels and pointed out that the scheme of maintaining the native proper nouns unchanged is more preferred than other schemes. She asserted that any alteration in the signifier of proper nouns will overthrow the rubric of the books ; nevertheless, the transcrib ers sometimes encounter some obstructions that they find to alternative to transcribing the proper nouns. Method Two chapters of each plants have been to the full scrutinized by research workers as the chief beginning text of this survey and their Iranian interlingual renditions by †¦Ã¢â‚¬ ¦ We have investigated the schemes applied by the transcriber in rendering proper nouns in Alice in wonderland by Charles Lutwidge Dodgso, David Copperfield by Charles devils and small prince. For making so, each extracted proper noun of the beginning text was compared with its opposite number in the mark text. Then, it has been put in the relevant interlingual rendition class. The class which the research workers have applied in this survey has been discussed in the undermentioned subdivision. In the Present survey, the classification proposed by Vermes ( 2003 ) has been chosen. Vermes provinces that the schemes that the transcribers may utilize to render proper nouns can be categorized into the undermentioned procedures: Transference, Translation, Substitution and Modification ( pp. 93-94 ) . In present survey, we have added the following procedures to them every bit good: skip, add-on, generalisation, and transference plus phonic version. 1) Transferenceis the scheme utilizing which the transcriber makes usage of the beginning text proper noun without using any alterations in the mark languages. In line with it, Newmark references that transference is the procedure of reassigning a SL word to a TL text as a interlingual rendition process. 2 ) When the transcriber uses the conventional letter writer of the beginning linguistic communication noun in the mark linguistic communication, the procedure is calledpermutation. This scheme can be used for most of the geographical nouns. Apparently, utilizing the conventional equivalent is the transcriber subconscious pick. Vermes believes that transcribers are normally forced to use the conventional signifier in the mark text. 3 )Translationscheme is used when the noun is rendered in the mark text by the transcriber ( Vermes, 2003 ) . Consequently, Newmark ( 1988, p. 5 ) provinces that rendering the significance of a text into another linguistic communication in the manner that the writer intended the text is called interlingual rendition. Translators use this scheme to render the original noun or portion of it in the mark text, for illustration, the last name or the first name ; they use a name in the mark text with the same or about the same intensions. 4 )Alterationis the scheme of utilizing a replacement in the mark text for the original noun which is non related or merely partially related to the beginning linguistic communication noun conventions or logics.It brings a considerable alteration in signifier or intensions in the mark text. Vermes considers alteration as a general term that includes skip, add-on and generalisation in itself. However, in the present survey, skip, add-on, and generalisation are non regarded as sub-sects of alteration but as separate interlingual rendition schemes in rendering nouns. 5 )Omissionis the scheme where the transcriber substitutes the SL noun or portion of it with none in the TL. In other words, the transcriber merely removes the original noun or portion of the noun in the interlingual rendition due to different grounds. He may believe that it is non of import or it may do ambiguity for the TT readers or he may follow the skip scheme for other factors. 6) Additionis the scheme in which the transcriber will utilize enlargement in the interlingual rendition of the beginning linguistic communication noun. He can utilize this add-on in chief organic structure of the mark text or as fringy notes. Addition is used for different grounds such as giving the readers more information or extinguishing the ambiguities for the readers. There are instances where the TL does non hold the SL noun due to cultural differences and the transcriber, alternatively of utilizing transference, uses paraphrasis scheme or descriptive replacement get bying with that noun ; we besides consider these instances as add-on scheme. 7) Transference plus phonic versionis the scheme that can be applied by the transcribers for interpreting proper nouns. This is the instance that transcribers transfer the beginning text name into the mark text but with phonic versions so as to fit it with the TL conventions.