Arthur Miller links to play The Crucible Essay Example

Arthur Miller connects to play The Crucible Essay Example Arthur Miller connects to play The Crucible Essay Arthur Miller connects to play The Crucible Essay ob was to chase down Communists and root them out. Numerous open figures?including entertainers and movie directors?were brought before the council and inquired as to whether they were Communists and to name anybody they thought was a Communist. On the off chance that they would not do as such, they were assumed liable. There is likewise a corresponding to what in particular was going on in the play, with the Salem Witch Trials?people who were dared to be liable of black magic had to admit. Mccarthy guaranteed that any entertainers/chiefs that were seen as liable could never work in Hollywood again. There are still challenges found when deciphering The Crucible as an exacting metaphorical portrayal of the sasss McCarthy. There were unquestionably Communists in sasss America, particularly in the Massachusetts straight Area of New England where Salem would have been found, however there was no verification of any genuine witches or fiend worshipers?The Salem Witch Trials was Millers territory of Study as an undergrad when at the University of Michigan. The general framework of the play compares to the occasions of the Witch Trails of Salem in 1692. Equals between Arthur Millers history and the novel: In 1956, Miller separated from his first spouse Mary Clattery who he had two youngsters with, and wedded Marilyn Monroe. Monroe was one of the most popular on-screen characters in America and her adoration life was pushed onto each newspaper. Soon after their marriage, Miller was called before the HUGH (House of Un-American Committee), which could have conceivably demolished the two his and Monomers profession. There are joins between the characters. John Proctor as Miller, and Elizabeth as his first spouse Mary Clattery. Monroe is spoken to by Abigail, the lady he and furthermore John Proctor, takes part in an extramarital entanglements with.

Kot Task 1 Free Essays

Running Head: Active Leadership 1 Active Leadership in The Interdisciplinary Team KOT 1 Task 1 November 18, 2012 Running Head: Active Leadership 2 Leadership Strategies It is a reality that so as to deliver an ideal customer result, we look for direction from our pioneers. There are times when a medical caretaker accept a position of authority while not officially having that title. Two methodologies for a medical caretaker on an interdisciplinary group to display are expecting an initiative mentality and going about as a coach. We will compose a custom paper test on Kot Task 1 or on the other hand any comparative theme just for you Request Now Expecting an authority disposition includes powerful correspondence. To pick up regard in an interdisciplinary gathering, one must give it too. Input ought to be urged to permit individual individuals to feel associated with the gathering. Initiative disposition includes establishing the pace for cooperation to develop. Regarding and esteeming other group member’s sentiments impacts their commitment to the current objective. At the point when issues emerge, it is basic that interdisciplinary gatherings function as a unit. Colleagues regard those people that show a feeling of mentorship. Tutors assume a significant job as they contribute both information and experience. Tutors fill in as great assets when issues and concerns should be tended to. Running Head: Active Leadership Active Involvement 3 Clients advantage when interdisciplinary groups cooperate. Attendants must be effectively included to guarantee that particular objectives are met. In tolerant consideration, there are numerous sorts of staff included. Each colleague assumes an imperative job and should be regarded. A nurse’s job in the arrangement of care is significant. The medical caretaker presents information like lab work, demonstrative tests and nursing appraisals. This data is significant in getting a shared objective. Contributing Position Nurses regularly wind up in a position where they can effectively contribute in an interdisciplinary group. Two different ways they can contribute are as patient backers and teachers. There are times when attendants may illuminate other colleagues to explicit things, for example, lab work and indicative tests. A genuine case of patient support is during a surgery. While a customer is under general sedation, the medical attendant fills in as the customers promoter and parental figure since they can't fight for themselves. These commitments are crucial in adding to the arrangement of care figured by the interdisciplinary gathering. Running Head: Active Leadership 4 Culture of Safety Unfortunately, botches in social insurance can and will keep on happening. Social insurance suppliers may get a degree of decrease in botches by adding to a â€Å"culture of safety†, as demonstrated by J. Roughton (July 02, 2008). There are numerous instances of advancing a safetyinfluenced situation in a social insurance setting. One model rings a bell while thinking about the four attributes of a culture of security as demonstrated by A. Frankel and M. Leonard (2011). During a surgery a working room orderly notification that a sharps holder is full. His expected set of responsibilities doesn't involve the removal of sharps. He concludes that the issueat-hand must be tended to. He realizes that in view of dynamic initiative, there is a demeanor of solace in communicating his interests. Dread is decreased as his interests are gotten transparently and deferentially on account of the mental security. Plan of action is dispensed with, as decency is available in the framework. In view of straightforwardness, other colleagues will use the data to improve the dynamic procedure. Running Head: Active Leadership 5 References Frankel, A. MD, Principal, Pascal Metrics Inc. Establishment for Healthcare Improvement. Exercise ! : The Power of making some noise. PS 106: Introduction to the Culture of Safety p. 4 (2011). Michael, L. MD, Principal, Clinical Group, Pascal Metrics Inc. Organization for Healthcare Improvement. Exercise ! : The Power of shouting out. PS 106: Introduction to the Culture of Safety p. 4 (2011). Roughton, J (July 2, 2008). Qualities of a Culture of Safety [web blog]. Recovered from http://www. emeetingplace. com/safetyblog/2008/07/02 The most effective method to refer to Kot Task 1, Essay models

Help Me Write a Research Paper - How I Learned to Write a Good Research Paper

Help Me Write a Research Paper - How I Learned to Write a Good Research PaperYou don't want to work on your research paper if you know you're going to have trouble writing a convincing essay. However, you know that there are courses available that will help you with this problem. The problem is that most of these courses are not an option for those who already have a ton of writing problems.You'll find that the courses you can take in order to help you write a research paper are only going to add a couple of extra hours to your time. They're going to teach you the basics, but they're not going to solve your problem. For example, you're going to be told that there are certain parts of the paper that need to be approached in a certain way. Your job then becomes to memorize these parts.It's true that a good memory is a very important aspect of your study habits. Without having a good memory, you won't be able to read anything. If you're trying to learn about a specific subject that has a lot of literature, it can be nearly impossible to absorb all of it. You'll also end up paying for it in terms of a long list of textbooks.In order to help you write a research paper, you'll need to use an online course. While these courses will cost you money, they will help you develop a better memory. Of course, it isn't as though you're getting rich by learning how to improve your memory.A good online course is going to do the same thing that a tutor or counselor would. While your grades and test scores aren't improved, you'll gain access to many resources that you could never get from a class. You'll also be able to connect with other students who are studying the same subject as you are.These resources are important in developing a positive learning experience, so you should pay attention to the best online course for helping you write a research paper. This is because you don't want to have to pay for a course that does nothing for you. A well-rounded course will teach you e verything you need to know about the topic at hand.However, a free online course will teach you about a few of the basics and leave you wondering where the material went. You need to look for a course that will teach you everything you need to know about the subject at hand. A course that focuses on what works and what doesn't will help you write a research paper that is acceptable.To help you get through your essay, there are lots of different ways to approach it. You can hire a tutor or counselor to help you with it, but those are expensive and time consuming. A course that will allow you to write a research paper should save you time and money.

The Becoming of Davids Serial Killings - Free Essay Example

Sample details Pages: 4 Words: 1099 Downloads: 8 Date added: 2019/07/03 Category Society Essay Level High school Tags: Serial Killer Essay Did you like this example? David was born on June 1, 1953, in Brooklyn, New York. He was giving up for adoption and was adopted by Jewish-American hardware store retailers named Nathan and Pearl Berkowitz when he was just days old. He went to school but he was always absent , because he was chubby , his classmates would tease him for that. Don’t waste time! Our writers will create an original "The Becoming of Davids Serial Killings" essay for you Create order For kindergarten , he went to P.S. 77 and he was absent for 46 days of kindergarten and also in 4th grade, he was absent from school for 28 days and for junior high school , he went to P.S. 123. He also graduate from high school with a GPA of 3.3. He got hit by a car and suffered head injuries. Few months later, he ran into the wall and suffered head injuries again. On 1960, at the age of 7, his parents told David that he was adopted. At the age of 8, he got hit on the head with a pipe and received a 4 in. gash in the forehead and he also saw a girl die after being hit by a car. On 1963, at the age of 10, he saw another girl and his mom die instantly after being hit by a car. On 1963, he got bit by a dog and he also would get bullied by his classmates because he was chubby.On 1967, he saw a boy die from falling the side of the school bus. He was a loner at school and he said that he felt different and less attractive from the others. He was described by neighbors as assaultive to other kids. Berkowitz didnt really have friends, growing up because David didnt know how to react with other children due to the fact he didnt have no brothers or sisters. His teachers would describe him as a moody child and he can do a good job if he wanted to, he would easily get upset. At the age of 11, he claimed that monsters were bothering him and he slept with the lights on or with his parents which it annoyed and angered them. At the age of 12, he began to set hundreds of fires and he also said the monsters stopped bothering him just before his 13th birthday and then the monsters re-appeared at a later age. At 13 year old, he begins to kill and torture animals, he killed his mothers parakeet named Pudgy by giving it small doses of cleaning fluid for 3 weeks and he also killed thousands of bugs by burning and gluing them with rubber cement. At 17, he engaged in a petty vandalism, breaking car windows, setting fires and also started to torture animals. When he was in the army, he started to set fires again and was responsible for starting over 1,411 fires which he kept a detailed journal of them. After he was discharge of the army, he once again begins to set a series of fires in New York. He sets more fires at 22 and he got hired as a security guard at JFK airport, he claimed to hear voices from the dogs that accompanied him during his shifts. On December 23, he set the last 1,488 fires and he kept a log of the fires he set in 3 notebooks. As a young child, he was never diagnosed with a mental disorder but after his arrest he was diagnosed with Paranoid Schizophrenic. On October 23,1976 , at 2:30 am, he fired 5 shots into a parked car, wounding Rosemary keenan and Carl Denaro but Carl underwent major head surgery and survived the surgery. On Christmas Eve 1975,he started his killing rampage and attempted to kill 2 young women with a knife, his first victim was unidentified but she wasnt seriously hurt and was able to fight back. His second victim was Michelle Forman and he attacked her as she was crossing a bridge and she survived the attack. On July 29, 1976, at 1am, he fired 5 shots into a parked car, killing 18 year old Donna Lauria with a shot to the neck and 19 year old Jody Valenti was shot in the hip and she survived. On November 27, 1976 , he shot Donna Demasi and Joanne Lamino while pretending that he needed directions, both of them survived but Joanna was paralyzed from the waist down and her spine shattered when the bullet hit it. On January 30,1977, he shot John Deil and Christine Freund she dies after being shot in the head at the hospital and John survived and ran for help.On July 29, 1976, he killed 2 teenage girls, named Jody Valenti and Donna Lauria in the Bronx, he shot them while they were in Valentis car in front of Laurias house, he killed Lauria and injured Valenti.. On March 8,1977, David shot Virginia Voskerichian in the face as she was returning home from her classes, she died instantly. His serial killing lasted until 1977. He would kill his victims with the same gun a .44-caliber and after several killings he started leaving numerous letters near his victims bodies, taunting the police , the first letter he wrote , it was addressed to NYPD Captain Joseph Borrelli, in the letter, he called himself Son of Sam for the very first time. He would kill attractive young women with long brown hair. He got caught on August 10, 1977. He got caught by a witness that saw a man getting away in a car tha t had a parking ticket on it, a handful of parking tickets were given out but one of them was given to David. That same day, authorities arrested him and when the police took him into custody, he said , Well, youve got me. Hes still alive and hes being held at Attica Correctional Facility, an Upstate New York supermax prison.During his questioning, David told the officer that he had been commanded to do all those murders by his neighbor Sam Carr, who was sending messages to him through Carrs dog, a demon-possessed Labrador retriever. Because of Davids outrageous claims, he underwent numerous psychological evaluations, but it was declared, he was competent to stand trial. In his trial, he pled guilty to the six killings, also the nearly 1,500 fires he had set in and around New York and he was sentence to 25 years to life for each of the murder. His sentencing hearing was dramatic because he tried jumping out of the window in the seventh floor courtroom when he heard the judges decision. I feel like the reason why he became a serial killer was because he didnt grew up with his biological parents and he didnt have the love of them, his adoptive mom would hit him just because he would come home with sand i n his head and he was bullied at school for being chubby.

The Pros And Cons Of The Electoral College - 1290 Words

The United States Electoral College had been a contradicting system due to the diversification of America throughout the years. The major issue with this system, however, relies on America’s own national popular vote that contradicts the Electoral College. Many citizens would rather rely on alternatives such as the national popular vote in order to make presidential elections more bearable. All systems conclude of disadvantages and advantages. Ultimately I as well as many people disagree with the Electoral College. In the Constitutional Convention of Philadelphia (1787) the founding framers of the Constitution held a discussion about differing ways in which the people would select their leaders. The complexity of choosing a democratic way†¦show more content†¦In the United States, a winner-take-all system is used in every state with the exception of Maine and Nebraska. This method of gathering votes means that candidates winning the popular vote in a state win all electors of the same state, ignoring the will of the people. The ignorance of individual votes is created by the inequality between the states’ population and the number of electors for each they receive to represent them based on their population. For instance, according to The Equal Protection argument against â€Å"winner take all† in the Electoral College Wyoming has three electoral votes with a population of 600,000 compared to California that has 55 electoral votes with more than 37 million people. The â⠂¬Å"inequality allocates when California has a population that is 66x Wyoming but only gets 18x the electoral college vote†. Such variation of electors throughout the states is an advantage towards candidates, but not voters. Instead, low-percentage voters are ignored which creates even more competition. Overall the winner-take-all system only benefits candidates and the voters who chose the winner in the end. During any election candidates usually perform more effort towards swing states. The importance of the swing states to the candidates affects the citizens and their location due to swing states. A swing state is highly important to win an election because it can decide the result of anShow MoreRelatedPros And Cons Of The Electoral College1308 Words   |  6 Pagesvote by 2.7 Million votes. Donald Trump won because of the Electoral College. The Electoral College gives each state a number of electors that can range from three to fifty-five depending on the size of the state. The number of electors is decided by combining the number of senators and representatives that state has. To win the presidential election, a candidate would have to get 270 electoral votes, if neither candidate gets 270 electoral votes then the senate and the House of Representatives getRead MorePros And Cons Of The Electoral College738 Words   |  3 Pagesâ€Å"I’m sorry we ever invented the electoral college† Al Gore. Many think the electoral college is a great thing, others? Not so much. If you’re unaware of what the electoral college is, it’s a process, not a place. The founding fathers established it in the Constitution as a compromise between election of the President by a vote in Congress and election of the President by a popular vote of qualified citizens. There’s pros and cons of the electoral college, and by the end of this essay you may decideRead MorePros And Cons Of The Electoral College1165 Words   |  5 PagesThe Electoral College what can I say to be honest, I know nothing about the Electoral College, but I will do my best to explain it to people who might know and to help them know so when they re seventeen they know like I should. So the Google definition of the Electoral College is a body of people representing the states of the US, who cast votes in the election of the President and Vice President. I would have not given that expl anation, it would have told you it is a College. So helping you andRead MoreElectoral College Pros And Cons1169 Words   |  5 PagesElectoral College Pros and Cons The 2016 presidential election was an example of the discrepancy between the Electoral College votes and the national popular votes. If the last presidential election had been decided by a national popular vote, then Hillary Clinton would have won the presidency because she had the majority of votes. However, due to the design of the Electoral College, Donald Trump won the election for president in 2016; although, he lost the national popular vote. Just as some peopleRead MorePros And Cons Of Electoral College1791 Words   |  8 PagesThe Electoral College was established, by the Constitution to elect the President, in order to avoid an unfair balance of powers. The framers chose the complicated system of the Electoral College as the most equitable option. One option to elect the President was to hold a popular vote, however, the framers argued that the people might not have enough wisdom or information. The State Legislators were a promising option, but the framers worried that the Legislators would carry too much bias againstRead MoreThe Pros And Cons Of The Electoral College1625 Words   |  7 PagesIn the United States, the Electoral College determines the victor of a national election. Each state has its own number of electoral votes, which is determined by state population. This system is a â€Å"winner takes all† system. Which means the candidate with 50 percent or more of the votes in an individual state gets all of that states electoral votes. The 2016 presidential election will have 538 electoral votes, this means that the election will be decided who is the first candidate to 270 votes. SomeRead MoreThe Pros And Cons Of The Electoral College1167 Words   |  5 Pagesthe Electoral College system should be amended because it poorly illustrates democracy, is outdated and Electoral College Reform The voting process in America appears straightforward, but it is a very complex, complicated system. The Electoral College is America’s current voting system. The Electoral College still serves its intended purpose, but with increasing political activity among Americans it has caused a need to reform this process. Research suggests that the Electoral College systemRead MoreThe Pros And Cons Of The Electoral College780 Words   |  4 Pagesprevious years. While many argue that the Electoral College defeats the purpose of voting, and diminishes the majority’s voice, this is certainly not the case. Without the Electoral College, elections would quickly become, and encourage, radical and corrupt ways in their voting systems, that could possibly result in a detrimental nationwide political crisis of voter fraud, and a rise to direct democracy. Majority of those who strive to abolish the Electoral College, are in simple terms; angry becauseRead MoreFinal Exam1541 Words   |  7 Pages POS/110 Democracy in America Democracy in America is something that has been the topic of the news for many years. It has caused many debates among several different individuals. Democracy, like anything, has its pros and its cons as well. In the following paragraphs will be the tip of the iceberg of some things that are debatable about democracy in America. One topic in particular that has been debated is the Constitution. The Constitution was written in 1787. The ConstitutionRead MoreThe Electoral College Is The Best Interests Of All The People1223 Words   |  5 PagesThe Electoral College, a hot topic these days, is subject to both criticism and defense. To understand why either side is valid we must look at its values and its weaknesses, its pros and cons. In defense of the Electoral College we can see that it in its roots the Electoral College was devised to dole out the power of selecting our executives geographically, and to give otherwise marginalized portions of the U.S. population a voice. Adversely the Electoral College can be seen as an obstruction to

Religion Family And Religion Essay - 1813 Words

Family and Religion Family and religion are tremendously changing from a point in time where family and religion controlled society to more so society controlling family and religion. Both factors guide our social lives by setting standards of morality, keeping up with traditions, cultural values and bringing people together. Sigmund Freud is famous for his psychoanalytic train of thought, but he also took avid interest in religion. Freud believed that religion was an expression of underlying psychological neuroses and distress. According to various points in his writing, Freud suggested that religion was an attempt to control the Oedipal complex Freud’s way of describing a boy s feeling of desire for his mother and jealousy and anger toward his father, and to give structure to social groups in attempt to control the outside world. He believed that religion was just an illusion a form of mental illness that gets its strength from the fact that it falls in with our personal and instinctual desires. Some social thinkers of the late 19th and early 20th century all thought that religion would either disappear or become progressively attenuated with the expansion of modern institutions. Religion has been with us before time, most religions not only teach us about spiritual things but also about a person s life decisions through encouraging ethical decisions and actions according to the moral principles of that religion. According to Christianity a monotheisticShow MoreRelatedMarriage, Family, And Religion1687 Words   |  7 Pages Marriage, Family, and Religion Omar De La Garza Texas AM International University Abstract The institutions of marriage and family are fundamental concepts to the functioning of our present day society. In this paper, marriage and family and their changes over time will be discussed. Topics such as religion, which plays an important role is the development and changes of ideas regarding these two topics will be approached as well as the social changes due to tradition and theRead MoreRacism, Religion, and Family1549 Words   |  6 PagesRacism, Religion, and Family People have surprising varying concepts of racism, religion and family. Upon asking five of my Facebook friends their definitions of the three concepts, it is clear that people do not share the exact same definition for both. Essentially, the idea of religion was the one which differed the most. Each individual had a different definition for the concept. One person believed religion was spirituality, while another saw it as an outdated dogmatic tradition that has hadRead MoreReligion Is A Big Part Of My Family999 Words   |  4 PagesReligion has always been a big part of my family. I was raised in a pretty strict catholic home. Going to church every Sunday, needing to learn all the prayers, doing my first communion, and then doing my confirmation. As I started to get older I started having more of an open mind towards things, especially religion. All you have to do is look on the news and you can see all the evil in the world. Terrorist attacks, kids getting shot down by cops, and school shootings. How can someone be so evilRead MoreFamily and Religion : Influence on People Essay1602 Words   |  7 PagesFamily and Religion: Influence on People If you asked people to describe their families, some would describe single-household families, some would describe stepfamilies, some would describe gay or lesbian or adoptive families and many would describe divorced families. The word family has become a diverse institution it is very difficult to give it a meaning. In a wide sense especially in the biological sciences the term family refers to a group of individual beings linked by blood relations,Read MoreThe Degradation Of Religion And Family From Slavery991 Words   |  4 PagesThe Degradation of Religion and Family from Slavery In the book, Narrative of the life of Frederick Douglass, Douglass outlines the disturbing effects that slavery induced on society. Slaves were dehumanized, ripped from their homes and sentenced to a life of harsh work, and harsher treatment. Slaves were held at their slaveholder’s mercy, beaten, whipped, and killed for being disobedient or performing in an unsatisfactory manner. The treatment of Douglass and fellow slaves shows what the grimRead MoreBeing Born Into Religion, Family, And Friends2047 Words   |  9 PagesImagine a boy being born into a heavily religious family, growing up in an environment where his religion, family, and friends look down on homosexuals. The boy goes to school, only to find one of his fellow classmates being picked on simply because the way he dressed was â€Å"gay†, or that the way he acted was â€Å"gay.† The boy joins the crowd too, as he also thinks that his overall appearance simply made him â€Å"gay†. This young b oy swore to himself that he would never be attracted to other boys, and thatRead MoreEssay on Impacts Of Family Traditions And Religion In India668 Words   |  3 Pages Impacts of Family Traditions and Religion in India Family traditions and religion greatly impact the lives of many people in India. These elements of culture are reasons that form the way that Indians lead their lives. Both factors make up what type of person that individual will become. That is the reason why religion and family traditions are so valued in Indian society. Religion is probably the most definitive factor in the way that an Indian will lead his life, particularly if they practiceRead MoreMy Mother s Side Of The Family And Religion Essay1801 Words   |  8 Pagesconstantly stressed the importance of family and religion. On my mother s side of the family they are eleven in total and on my father s side they are ten, and most of them were often around to help raise my three other brothers and I. Both of my parents are very religious my brothers and I were raised and still are Catholic we were all baptized at a young age. Religion was something that we could not escape even at school we had classes that revolved around religion we would read scriptures and oftenRead MoreThe Role Of Family, Religion, And Family Shape The Experiences Of Young Black Men892 Words   |  4 PagesBalaji, A. B., Oster, A. M., Viall, A. H., Heffelfinger, J. D., Mena, L. A., Toledo, C. A. (2012). Role flexing: How community, religion, and family shape the experiences of young black men who have sex with men. AIDS Patient Care and STDs, 26(12), 73-737. This journal article explores the role that family, religion and the African American community plays on the experiences of young black men who have sex with other men through in-depth interviews. Interviews were conducted from sixteen participantsRead MoreMy Great Grandmother : My Family, Religion, And Work1310 Words   |  6 PagesAccording to my great grandmother Betty Winters who is a very special asset to the Murphy family, the nationalities my ancestors identifies with is Black and Indian. My great great grandmother was Black and my grandfather identified as Indian. My ancestors were originally from South Carolina and North Carolina and they migrated to Washington DC for better opportunities. My great grandmother expressed that she cleaned the white house for many of years and her mother was a cab driver in Washington

Company Financial Analysis (BHMACRO) EUR

Introduction BH Macro Limited is a renowned close-ended investment company. The company invests the assets in a master fund, namely Brevan Howard Master Fund Limited that is managed by Brevan Howard Group. The money invested in the Master fund can be invested in various instruments such as debt securities, bank loans, currencies, commodities, listed and unlisted equities, options, futures, swaps, warrants and other derivative instruments. The investment objective of the company is to generate consistent long term appreciation by active leveraged trading and global investments. The company is managed by the Brevan Howard Capital Management LP and the master fund is used as a hedge fund (Reuters 2013). Beta Calculation and Comparison Beta is referred as a measure of the investments relative volatility. This means that it measures the risk in relation to the market or in comparison with a benchmark. It is calculated as ratio of covariance of market return and stock return to the variance of market index (Sercu 2009). In the given task, the risk on security of the company BH Macro Ltd. has been determined with the Benchmark FTSE 250 index. The calculated value for beta is 0.119756828, whereas the published value for beta that is obtained from uk.reuters.com is -0.09 (Reuters 2013). The difference in the value of beta comes due to different types of risks that are classified as systematic and unsystematic risk. Systematic risks occur as an impact of the macro economic changes, and these macroeconomic factors that lead to market risk include growth rate, government policies and expenditures, inflation rate, structure for interest rates, etc. Whereas, the unsystematic risks occur as a result of various company specific factors such as new product development, entry of new competitors, decreasing credit rating of the firm, loss of influential people, and employee turnovers or labour strikes (Sercu 2009). The difference in the calculated and published value for beta might occur because of various reasons such as different time intervals, different time frame, exclusion and inclusion of dividend, and different index. Different time intervals In the task, the beta value has been calculated by using the monthly share prices of last five years, whereas it might be possible that the beta value that has been published on Reuters might have been derived using the daily share prices. Different Time Frame The time frame that has been selected for calculating beta is 5 years, i.e. from 1 February 2008 to 31 January 2013, while the published beta might have been calculated using a different time frame. Exclusion and Inclusion of Dividend In the task, the beta has been calculated without considering the dividends as they were not available. Whereas, the published beta might have been calculated using the dividends (Sercu 2009). Different index Here, the benchmark for calculating beta is FTSE 250, and Reuters might have used some other market index as the benchmark for calculating beta. Comparison of Share price performance Share price refers to the price of a single share in the total number of companys stocks or derivatives. The share price performance of any company can be analysed using the trend analysis method. The investors can analyse and determine returns on their investments. In the given case, the share price performance of BH Macro Ltd. for last 5 years is compared with the share price performance of FTSE 250. The following graph represents the comparison of share price performance. In the graph, it is indicated that the share price performance of BH Macro Ltd. is better than that of FTSE MID 250, and the share prices have been very consistent over the period of five years. Whereas, for FTSE, the share prices decreased during the recession period of 2009 that later improved and the prices went up the market index. Then again there was a little decrease in the share price performance of FTSE in 2011-12, which improved by 2013. But the companys share price performance was not much influenced a fter the recession period of 2009 and they have been consistently improving. The share price performance can also be compared on the basis of some financial theories such as Security market line (SML), single index model (SIM), and time value of money. Security Market Line Security Market line is the graphical representation of the Capital Asset Pricing Model. The graph represents the relationship between the systematic and unsystematic risks of the company in terms of expected returns on security and the return of the whole market index at a particular time. It is considered as an effective method to determine whether a particular asset can provide rational returns or not. It also illustrates the total risk free returns and price risks. Risk is calculated through the covariance of the market returns and the variance of return on security (Barucci 2003). The slope of SML is obtained through the following equation: Return on security = Risk Free Return + {price per unit of risk * risk} The risk free rate of return that has been obtained for the BH Macro is 0.005927113. Single Index Model Single Index model is another model that can assist in comparing the share price performance of the company. The Single index model was introduced by Sharpe and it measures the risks and returns of a companys stock. It represents a relationship between the share price performance and the complete portfolio, i.e. according to the model, the share price performance or the security performance is related to the companys portfolio performance (Strong 2009). Mathematically, the model is represented in the form of the following equation: Rit = ai + bi Rmt + eit Where, Rit = return on security in the given time period, ai = constant return or alpha, bi = beta, Rmt = return on market index in given time period, eit = error term 0.006733495 = 0.005974289 + (0.119756828 * 0.006232112) + ~0 In this model, an assumption is made, i.e. the value of the error term is taken to be close to zero (~0) as it is the degree of variation in the value of return on security. Also, the value has finite variance and is not correlated with the market index or with any other security. Time Value of Money The theory of the time value of money is the most central financial theory and it states that presently, a certain amount of money has certain value in terms of buying power and the same amount of money will have a completely different buying power in the coming future. This means that the value of money decreases with time and measures the value of a certain amount of money considering the interest earned or inflation rates over a given time period (Drake and Fabozzi 2009). In the given task, the comparison of companys share price performance with the market index can be conducted by using this theory. For this, the value of 1 Euro has been calculated at the end of every month from 1 February 2008 to 31 January 2013, for the company and FTSE 250 market index. The values were calculated with the help of the following formula: Value at the end of month = Value at the beginning of the month*(1 + return) The following graph will represent the changes in the time value of money for the BH Macro and FTSE 250: On the basis of graph, it is seen that the value of Euro 1 has shown a notable change for both FTSE 250 and BH Macro, but the performance of company is better than that of FTSE 250. Comparison of Companys five-year performance with Last three months Share prices The share price performance of the company from 1 February 2008 to 31 January 2013 was compared with the last three months performance of the company, i.e. from 1 February 2013 to 20 April 2013. In the five year time period, the share price of the company has increased continuously but due to the recession and other economic factors price of the company fell by 20 % in year 2008. In this period, the share price of the company had crossed 19.50 which reflects 42 % increase in price from year 2008. For the comparison, the average of share prices of last 5 years has been taken to compare with the average share prices of last three months. The average share price of last 5 years is calculated as 17.17 Euros, and the average price for last three months was calculated as 19.94 Euros. In these last three months, the price of the share has reached to 21 euros, which shows 8 % increase in share price from 31st January, 2013 (BH MACRO LTD (BHMDF), 2013). The Following Graphs shows price change in 5 year time period and in last three months: The principal factors that affect the price change over the given time period can be identified as: Share Buy-Back If the company goes for the share buy back option, then the number of shares will reduce in the market. Thus, according to the law of supply and demand, if the availability of shares will decline, then this will decrease the supply that will eventually increase the share prices. Therefore, share buy-back is used as an important tool for increasing the share prices of the company and to deliver value to investors (The 10 Factors That Affect and Predict Stock Prices 2008). Earning results The basic objective of a company is profit making and the share prices of any company mainly depend on its earning results. If a company has good earnings, then it can expect its share prices to rise and if it does not have good earnings, then the share prices are expected to fall. Also, if the companys earnings are good, then the increased share prices will attract investors to invest in the companys stock (The 10 Factors That Affect and Predict Stock Prices 2008). Take-over or Merger Usually, when a company has been taken-over by some other company, then its share prices are expected to increase and if the company takes over another company, then the share prices are expected to fall. This also causes a sudden change in the management that leads to various changes in the operations of the company and thus, the performance of the company is affected greatly (The 10 Factors That Affect and Predict Stock Prices 2008). Other Economic Factors There are various other economic actors that also affect changes in the share prices. These factors include inflation, unemployment and interest rate changes. The increasing unemployment leads to a decline in the interest rates, which is the main profitable venture in the stock market. The rising rate of inflation decreases the returns on investments and thus, share prices fall. The comparison can also be explained on the basis of Miller and Modigilani (MM) theory. According to the M M theory, the market value of a company is mainly determined through its earning power and the risks attached with the underlying assets. The theory also assumes that there is perfect capital market, realistic investors, and freely available information, and there is no transaction or floatation costs related to investments. Besides this, the model assumes that investments and dividend decisions are irrespective of each other. The M M model is given by the following equation: P0 = (1 / (1+p))*(D1+P1) Where, P0 is the market price per share at time 0, P1 is the market price per share at time 1, D1 is the dividends per share at time 1, and p is the discount rate for risk and is constant (Sercu 2009). Conclusion From the above discussion, it can be elucidated that the share price performance of the BH Macro Limited has been better and consistent when compared with FTSE 250 market index. The calculated beta for the company came out to be 0.119756828, whereas the published beta was -0.09. The reasons could be calculation in different time intervals, different time frame, dividend inclusion and comparison through some other market index. When the share price performance for last 5 years from 1 February 2008 to 31 January 2013, was compared with that of FTSE 250, then the companys performance was found to be more consistent than the market index. The theories those were used to conduct the comparisons are SML, SIM and time value of money. Also, the comparison of the companys last five years performance with that of last three months performance, it was seen that the company had a consistent performance and the same consistency was maintained in the last three months also. References Barucci, E. 2003. Financial Markets Theory: Equilibrium, Efficiency, and Information. London: Springer. BH Macro Ltd (BHME.L). 2013. Basic chart. BH Macro Ltd. 2013. Historical Prices Drake, P. P. and Fabozzi, F. J. 2009. Foundations and Applications of the Time Value of Money. John Wiley Sons. FTSE MID 250. 2013. Historical Prices. Sercu, P. 2009. International Finance: Theory Into Practice. New Jersey: Princeton University Press. Strong, R. A. 2009. Portfolio Construction, Management, and Protection. USA: South-Western Cengage Learning. The 10 Factors That Affect and Predict Stock Prices. 2008. BH MACRO LTD (BHMDF), (2013). Historical Prices