Cloud Computing Industry Analysis Essays

Distributed computing Industry Analysis Essays Distributed computing Industry Analysis Essay Distributed computing Industry Analysis Essay Report 2012 Cloud Computing Industry Analysis Submitted ByRomi Narang (197) Suryadeep Gumber(212) Rajesh Anuragi (196) Smith Rakesh (194) Neha Chavan(221) Neha Agrawal (224) Chandrika Gailot(229) 1/10/2012 Contents 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. Distributed computing . 3 WHAT ARE THE NECESSITIES OF CLOUD COMPUTING? . 5 What are the necessities of PaaS, IaaS, SaaS (Cloud Families)? . 6 Pricing Models .. 9 PESTLE Analysis . 11 Technological Infrastructure required for Cloud Computing 17 Cloud Computing Drivers Vs Inhibitors . 8 Global distributed computing market size Future development . 22 CLOUD COMPUTING AFFECTING FIRM BOUNDARY .. 25 Web 2. 0 and Cloud Computing 31 Porter’s 5 Forces Analysis .. 35 1. Distributed computing Distributed computing alludes to the arrangement of registering assets like figuring power, applications, figuring framework and business forms in way that is versatile according to necessity and can be partaken so as to pick up economies of scale. These arrangements are conveyed as an assistance over the web (or some other electronic system) and the administration can be gotten to by the end clients by means of a figuring gadget. The information and application related data pertinent to the end clients business/individual needs is put away on remote servers. The term ‘cloud’ is utilized for the reflection of the perplexing system foundation that is utilized for offering the support. [1] Figure 1. Consistent Diagram for Cloud Computing: [2] Office building similarity for cloud[4] An increasingly successful approach to clarify the idea of distributed computing is to contrast it and a place of business. A place of business can suit numerous organizations having a place with various sorts of enterprises. Albeit a few organizations can go for secretly oversaw support/adjusting of their own office, it will be very affordable and financially savvy for all organizations to go for shared administrations that are utilized by all. These will generally include some basic and key utility administrations. Similarly, Cloud figuring empowers sharing of the registering assets, the executives of which by a solitary organization could be burdening and uneconomical. The adaptability, prompt accessibility and cost adequacy of the support, equipment and stage improvement offered by distributed computing can be contrasted and the power coming out of each mass of a place of business, the hidden specialized viewpoints being preoccupied from the client. Figure 2: Cloud registering contrasted with shared office space[4] Players in the Cloud registering world: [1] Vendors: Provide applications and empowering innovation, foundation, equipment, and reconciliation. Accomplices: Collaborate with the sellers and offer help administrations to clients. Business Leaders: Either utilize or assess different kinds of distributed computing contributions. Sorts of Cloud figuring services:[3] Private Cloud: The cloud is possessed by a specific client with the necessary framework and innovation dwelling either on location or off-site. This kind of administration is expensive however gives better security. Open Cloud: The cloud is claimed by an enormous association or organization gaining practical experience in distributed computing administrations. The cloud can be leased for use to anybody ready to pay for it. It is the least expensive sort of distributed computing administration but since of its open nature it is regarded to be less secure. Half and half Cloud: It comprises of different private and open mists. 2. WHAT ARE THE NECESSITIES OF CLOUD COMPUTING? 1. Data Technology entered in everyday life exceptionally quick With the beginning of Internet time, the vast majority of the individuals and lion's share organizations on the planet got reliant on the administrations you could get to with a tick of the mouse. The best model might be the free email (Gmail/Yahoo mail), the visit innovation (Yahoo Messenger), Social Networking sites (YouTube, Facebook, Twitter). One can’t envision existence without them. That’s where the cloud was conceived. You need cloud server farms to run that stuff. 2. Less expensive wellspring of Technology One may search for quality or simple entry however at long last the primary concern that’s at the highest point of everybody’s mind is the economy. Cloud server farms are in a general sense distinctive on the grounds that they are worked for extremely huge client numbers and for a specific core interest. Customary server farms can't contend on cost. Actually it’s no opposition on the cost front. 3. Become environmentally friendly In the situation where condition is probably the greatest concern, distributed computing appears as an ideal choice as there is no paper and so forth required. The information is spared over web as advanced signs. These days digitization of everything is turning into a pattern among all top worldwide organizations. 4. The endless and continually extending information The information is ever expanding and it presumably consistently will. It appears to develop at about 60% per year and it doesn’t stop for breath. It won’t stop, regardless of whether you cry at it. In any case, similar to old email, you never get to the vast majority of the information and simultaneously you additionally don’t need to erase it. So sparing it all in the cloud bodes well unmistakably. 5. Boundless Access This is practically difficult to stop clients getting to anything they need on the Internet. One might have the option to boycott some sites (grown-up destinations and so on) however one can’t need to keep clients from finding helpful capacities on the Internet. Also, those are cloud applications by any definition. There’s an abundance of it and it’s a shelter to us. 6. No requirement for nonstop programming advancement Cloud figuring is the most ideal method of programming improvement. There was consistently two kinds of programming advancement; the strategic stuff that gives us business footing, and the rest. We need not to stress for it. It’s the opposition that drives the product improvement and accordingly making it practical. 7. Rise of distributed computing as a biological system The distributed computing has made a domain and thus different organizations and engineers make applications that help this condition, much the same as Google which is not any more a site yet an environment. [4] 3. What are the necessities of PaaS, IaaS, SaaS (Cloud Families)? PaaS: What right? [5] The method of leasing equipment, working frameworks, stockpiling and system limit over the Internet is called PaaS(Platform as a Service). It permits the client to lease virtualized servers and related administrations for running existing applications or creating and testing new ones. Features:[8] 1. All the administrations required during the time spent creation an application like creating, testing, conveying, facilitating and keeping up applications is coordinated into a similar stage. 2. It is very easy to use as various UIs can be effortlessly made utilizing different web apparatuses accessible in PaaS. . Different clients can all the while utilize a similar application process on account of it’s â€Å"tenant architecture† highlight. 4. It is utilized for charging and membership the board. 5. Incorporation should be possible by means of normal principles with web administrations and databases. 6. It has worked in highlight to deal with load adjusting and failover. Income: Figure 3[9] Players: Amazon, IBM, Microsoft, Rightscale, Wipro, Adobe, Oracle, Vmware, TCS, Sales Force, Google, VirtuStream, NetMagic. Which industry can utilize it and why? [11] Telecommunications industry can utilize PaaS. With the appearance of 3G and prominence of Mobile VAS, PaaS items like Flypp that empower telcos with quicker go-to showcase applications and diminish chance and operational overheads are anticipated to see expanded selection. SaaS: What it is? [5] The model where applications are facilitated by a merchant or specialist co-op and made accessible to clients over a system, ordinarily the Internet is known as SaaS (Software as a Service) Features[8] 1. 2. 3. 4. It is utilized in business applications for getting to web It has a focal center point for programming the executives It utilizes the star organize model for oftware conveyance It has an element called â€Å"application programming interface† which is utilized to connect various virtual products 5. Time to time upgradation of programming and recuperation of framework patches isn't required to be observed by the SaaS clients. Income Figure 4[9] Players: IBM, Microsoft, Synage, Wipro, Oracle, Vmware, TCS, Salesforce, Google , VirtuStream, NetMagic. Which industry can utilize it and why? [11] Healthcare industry can utilize SaaS. With clinical the travel industry thriving, India is gradually turning into a safe house for social insurance administrations. Social insurance industry is likewise propelling its IT stages to contact the worldwide principles. This industry’s key concern of framework solidification can be tended to by SaaS arrangements. Iaas: What it is? [7] A model where an association redistributes the gear used to help tasks, including capacity, equipment, servers and systems administration segments is called IaaS (Infrastructure as a Service). The specialist co-op possesses the gear and is liable for lodging, running and looking after it. The customer has no commitments and he just pays on a for every utilization premise. Features:[8] 1. Dynamic scaling should be possible 2. It permits access to various clients on single equipment 3. It depends on the model of utility estimating and consequently has a variable cost 4. Assets are circulated as a help. Income Figure 5[10] Players: Amazon, Go Grid, Wolf Frameowrks, Microsoft, Rightscale, Wipro, Oracle, Vmware, TCS, Google, IBM, Net Magic, Reliance Data Center. Which industry can utilize it and why? [11] Government and open segment can utilize IaaS. With current e-administration activities driving on a PPP model, tremendous ventures are being made on the IT foundation front. For ventures like Aadhaar, the UIDAI is pondering on the appropriation of a savvy cloud based model that can give compelling and versatile preparing of huge databases. 4. Evaluating Models Elastic valuing or Pay-as-you-Use model Elastic estimating model is a model that causes less wastag

TQ Management of the Emirates Airlines-Free-Samples-Myassignment

Question: Examine about the Total Quality Management of the Emirates Airlines. Answer: Presentation: One of the significant elements for the business is to keep up the quality. Nature of the items or administrations relies upon different factors, and quantities of parts are assuming the job to increment or lessening the nature of an association. Quality administration is the idea that can assist with keeping up the nature of an organization and to apply the quality there are various components should be fulfilled. Representatives are one of the variables that can drive the entire quality in to the top or even in to the down, of an organization. As representatives are the spines of the organization and furthermore for the creation, all the workers can hold the nature of the organization. Essentially after the assessment of the market, organization chose to actualize some new strategies or to expand the quality then workers are the main elements who can manage the entire situation for the organization. All out quality administration is the idea to build the quality and to keep up the maintainable development of the organization (Dudek-burlikowska, 2015, p.239). There are numerous scholars and researchers like Deming, Juran and considerably more who concentrated on the improvement of the nature of better business. Representatives are the main very much aware segments of the organization who can deal with or lead the improvement of the quality to encourage the business. In this paper, the TQM program of the emirates organization and meeting of one chief and two workers will be talked about for better understanding the significance of the representative in quality administration. Organization foundation: For this task, Emirates Airlines of the UAE has been picked, and this is the best aircrafts administration in the UAE. It was fundamentally begun by the UAE government in the time of 1958. After the development, Emirates Airlines become highest aircraft administration in the UAE not just that they are on the rundown of top5 world best carriers brands (Fly10.emirates.com, 2018). Emirates Airlines has the workers over 40000 in numbers and has long trip among all others aircrafts in the UAE. Emirates Airlines TQM program: Emirates Airlines is the best carriers in the UAE and worked by the legislature, however as of late a couple of years prior they confronted a few issues with respect to the nature of their administrations and furthermore have looked by the representative's confliction issues and absence of energy in satisfying the client need. Regardless of this sort of issues, they can retaliate in their situation by dealing with the quality. So as to keep up the brand, they expanded their flight cost and organized the business class in all their flights (Syltevik et al. 2018, p.38). Because of this, their deals go down and happened the misfortune. A few issues in the wages of workers have additionally happened. After the overseeing of value and administration, they bring down their administration cost and furthermore gives a few proposals to the client to recover their position. They likewise give the need to the clients and instructional meeting has been held each month to make the workers mindful of their activity and quality. Fundamentally their ground staffs, lower works are originating from India, and they work for the cash (Fly10.emirates.com, 2018). Emirates Airlines additionally increment their professional stability and wages structure to keep up the nature of root level. Proof: So as to pick up the best possible information on the TQM projects or activities, one director and two representatives are met. Subtleties of the meeting are as underneath: Workers meet: Respondent 1: Q) Do you feel that representatives are basic to expand the TQM of the organization? A) Yes, representatives are the principle segments to expand the nature of the administration. Inside the flights, all the methods are kept up by the staffs, air master and numerous different subordinates and no one but they can create the quality support of the clients. There have been numerous issues with respect to the terrible assistance while venture yet emirates increment the innovation and create preparing activities for the workers to give the world class administration, which is the vision of the organization. Q) What is the means organization taken or going to take to include the workers in expanding the TQM? A) Various advances have been taken by the organization like positioning the representatives by as indicated by their exhibition, rousing the workers by giving additional wages, enrolling specific representative to build up the sites appropriately, and most significant is that the organization will set up an office where individuals can whine or can give input. These are the means organization have been taken to include the representatives to build up the TQM. Respondent 2: Q) What are the issues with respect to Emirates Airlines and what are the means organization taken to improve it? An) Issues with respect to the Emirates Airlines essentially on the ground of client disappointment. More often than not it was accounted for that the organization didn't answer to the client's quarry and didn't find a way to fulfill clients requests. As the Emirates Airlines is the best aircraft in the UAE, their vision is to give the world class administration. So as to accomplish the vision, Emirates Airlines propelled a few TQM projects, for example, improving the quality by utilizing innovation, increment the compensation pace of the workers, giving quality client support 24*7 and any more. Q) Do you think workers are the fundamental spine of a decent TQM program? A) Not just representatives, to improve the quality all the segments must need to grow appropriately. Representatives can keep up the administration, nature of the flight or additionally outside the flight yet the organization need to help their staffs and all the system easily and deftly to force the fruitful TQM administration. Administrators reaction: Q) What is the procedure to dispatch the TQM program effectively by including the representatives? An) After the assessment of the market and clients input, it has been important to execute the new TQM program and including workers in it tends to be the best methodology for us. So as to give the quality assistance effectively a few stages have been accepted, for example, appropriate preparing of the representatives, expanding the pay rate, high and quick client care, recruiting master workers to deal with the innovations and some more. On the off chance that you take a gander at the arrangement, it very well may be effortlessly observed that each arrangement needs the contribution of the workers and the organization likewise attempting to revamp the entire representative office structure starting from the earliest stage to high. Significance of the representatives in the TQM is basic, and the organization assesses numerous speculations of researcher and savant to build up the TQM plan appropriately. References: DUDEK-BURLIKOWSKA, M. (2015) The idea of Total Quality Management and the contemporary business in practice.J. Achiev. Mater. Manuf. Eng,73(2), pp.229-236. FLY10.EMIRATES.COM. (2018).Invalid procedure Emirates. [online] Available at: https://fly10.emirates.com/CAB/IBE/SearchAvailability.aspx?gclid=CjwKCAiAt8TUBRAKEiwAOI9pAIC4mrR0QlpX2yRDZvWbJPbesnCa6zg7nxo7fmcuFlFDq32duvveoBoCiEwQAvD_BwEgclsrc=aw.ds [Accessed 24 Feb. 2018]. SYLTEVIK, S., KARAMPERIDIS, S., ANTONY, J. What's more, TAHERI, B. (2018) Lean for air terminal administrations: an orderly writing audit and motivation for future research.International Journal of Quality Reliability Management,35(1), pp.34-49.

Put Call Parity And Prices Of European Put Finance Essay - Free Essay Example

People who have done financial mathematics before or worked in financial area must be familiar with a terminology called put-call parity. The put-call parity (PCP) describes the relationship between the prices of European put and call options with the same exercise price and time to maturity. It shows that the value of a European call with certain strike price and exercise date can be deduced from the value of a European put with the same strike price and exercise date, and vice versa. It is an option pricing concept that requires the value of call and put options to be in equilibrium to prevent arbitrage. The concept of PCP is especially important when trading synthetic positions. When there is a mispricing between an instrument and its synthetic position, an options arbitrage opportunity exists. Arbitrageurs would step in to make profitable, risk-free trades until the departure from put-call parity is eliminated. Knowing how these trades work can give the investor a better feel for how put options, call options and the underlying stock are all interrelated. 1.2 Aims and objectives of the research There are quite a lot studies on the test of the PCP. Tests of the put/call parity theory have yielded mixed results, though most have been supportive of the underlying concept. But in most of these tests, there had been a priori assumption that PCP theory was indeed valid. However, in reality, the extrinsic value of put and  call options are rarely in exact parity in option trading even though  market makers have been charged with the responsibility of maintaining PCP. When the outlook of a stock is bullish, the extrinsic value of call options tend to be higher than put options due to higher  implied volatility and when the outlook of a stock is bearish, the extrinsic value of put options tends to be higher than call options. This dissertation examines the basic validity of the PCP theory with no assumptions concerning its inherent validity and finds that PCP does not exist in the pricing of options contracts. Also, this dissertation is to work out the deviation from the put-call parity, investigates and explains the deviation by using econometric models. At last, the author will answer the question:why does the put-call parity not hold? As mentioned in chapter 2, we know the PCP is an important financial definition. However, since the PCP was developed, large amount of tests had been carried out. Tests of the PCP theory have yielded mixed results, but majority of the tests had a similar result: the put-call parity was invalid. 3.1 The put-call parity was valid As mentioned before, the PCP was developed by Stoll (1969) to establish a relationship between the prices of put and call options. However, later he recognised that in the real financial world, some factors like transactions costs and taxes could affect the results. By assuming the appropriate interest rate was the three-month Treasury rate and adding this rate into his data, Stoll tested two sets of data which were regular companies and new business. The results showed that there were problems with the coefficient of the interest rate term. He again recognised that there were some other factors could affect the interest rate term, so despite those the problems, Stoll then concluded that the PCP theory was reasonably valid. By looking through previous studies, Klemkosky and Resnick (1979) found that these studies consisted with the PCP, they also pointed out that in the relationship some inefficiency found to exist (put call parity and market efficiency). However, the options ma rket in 1979 is different from 10 years ago. They recognised that the structure of the options markets has been changed, therefore some of the previously noted defects needed to be amended. They added a dividend term into the original model. The empirical results showed that about half long hedges tests and short hedges tests were profitable. That means the models tested were consistent with the PCP theory. Later in 1980, Klemkosky and Resnick found that there was perfect foresight characteristic in their previous work, so they corrected their model by adding the time lag in. A number of hedges showed profitability as well. That was again concluded that PCP and market efficiency obtained. There were still other studies which concluded the PCP was valid, however, according to the objects of this dissertation which was trying to find out the invalidation of the PCP theory, we are now focus on the studies which concluded the PCP was invalid. 3.2 The put call parity was invalid 3.2A The put call parity on the European options Loudon (1988) tested the PCP by providing Australian evidence. He collected the data of the prices of identical put and call options together with the underlying share price from the Sydney Stock Exchange Market during the calendar year of 1985. The empirical results showed that observed violations of the theory are existed, which are the boundary violations. He did some analysis of these violations. He tested the effects of some factors: institutional factors, price non-simultaneity, transaction costs, stock price range, time to maturity and in or out of the money category. He found that these observed violations cannot be explained by the presence of non-simultaneous price data. There is no significant relationship was found between the extent of price non-simultaneity and observed violations. However, the existence of transaction costs shows to have the most significant influence on the violations observed. Taylor (1990) found the violation from PCP by providing evidence of t he pricing of options traded on the Australian Options Market (AOM). He collected AOM data for BHP and Woodside from 1982 to 1985. The derivation of put call relationship assumes frictionless markets, which mean transaction costs, differential of borrowing and lending rates and taxes are all assumed not to exist. He tested the PCP theory and found several evidences of violation of the parity conditions. But violations of this type were not that easy to develop after putting possible transaction costs into consideration. Although the existence of these violations cannot be explained by transaction costs, they do provide a rationale for their non-exploitation. According to Guo and Su (2006), the original PCP may not apply to the heavily traded options on dividend-paying securities, because the original put-call parity relations assumed that the underlying security does not pay dividends before the expiration of the options. However, in the real economic world a mass of stocks and a lmost all stock indices pay dividends. Therefore, their tests were based on the reality that the underlying security pays dividends; they improved the put-call parity formula. The tests presented a variation of the relations when the underlying securities pay dividends. The results provided theoretical scopes for the options prices when the underlying stock pays dividend. Also the results spread out application of put-call parity relations to all options on currencies and dividend-paying stocks and stock indices. Brunetti and Torricelli (2003) tested the PCP by focusing on a European market, the Italian Mib30 index option market (MibO), rather than on North American markets. They collected the data from the period 1 September 2002 to 31 December 2002. They tested the PCP in the total absence of frictions in the first step, and then in the second step they added the bid-ask spread into the analysis. Finally the commission costs had been included as well. The result showed that dur ing the analysis period, the Mibo market was efficient. Also the role of frictions in the tests of the PCP has been stood out. Ahn, Byoun and Park (2003) researched arbitrage opportunities of the KOSPI 200 options in Korea, a relatively new market but the fastest growing and the most actively traded index option market in the world. Their tests focus on the PCP conditions, such as: transaction costs. The data they used was composed of KOSPI 200 options from January 1998 to September 1999, but excluding the first several months because of possible unusual activities at the beginning section. They found that overall there were a reasonable quantity of violations of the PCP conditions. The frequency of violation ranges from 25.4% to 49.9% for different time periods. Li (2006) focused on the arbitrage efficiency of the Nikkei 225 index options market in the Osaka Securities Exchange (OSE) with the purpose of providing evidence on the size and frequency of the arbitrage opportuniti es in the PCP framework. He investigated the arbitrage efficiency of the Nikkei 225 options market by using both an ex post and ex ante test. The ex post test showed that there 2.74 percent of the sample violations of the PCP and 22.62 index points arbitrage profit for the OSE firms. The ex ante test showed that both the two numbers are decreased because of time lag. Then Li used the regression analysis to support the ex post and ex ante tests results. To conclude, there was no strong evidence against the efficiency of the Nikkei 225 options market. Kamara and Miller (1995) tested the PCP condition using European options to avoid the early exercise problem. They collected the data from the Standard and Poors 500 stock index traded on the Chicago Board Options Exchange (CBOE). By using daily and intra-daily prices, they found violations of PCP are much less frequent and smaller than those previously studies which using American options. The result showed that the deviations from P CP conditions are related to the liquidity risk in the stock and options markets. Therefore, the frequency and size of deviations increased with the increasing of liquidity risk. They pointed out that the bid prices of call and put options rise related to their PCP-implied bid prices and the ask prices fall related to their PCP-implied ask price. Moreover, the results suggest that the trading strategies underlying PCP are subject to significant liquidity risk. 3.2B Put-Call parity on the American options There are few studies of PCP on the American options. Merton (1973) showed PCP need not hold for the American options because the possibility of early put exercise cannot be completely eliminated when the portfolio is established. Evnine and Rudd (1985) used the SP100 options and Major Markets Index (MMI) to test both European PCP and American PCP. The result showed that there were a significant number of potential profit opportunities. The call overpricing violations for both the SP100 and MMI occurred throughout the period. The options frequently violate the arbitrage boundary and the PCP; also, the options are substantially mispriced relative to theoretical values. Gould and Galai (1974) tested the PCP on securities by adding the transaction costs in. They found that the transactions costs must be assumed to make the model comply with the data. The basic model was supported after including rather large transactions costs. They also found that similar deviations from the ef ficient market hypothesis have shown up in related study by other researchers; however their explanations of these results appeared to be incorrect on theoretical scopes. 3.3 Deviations from the put-call parity Any deviations from the PCP can be used by investors to make riskless profits. Martijn and David (2007) investigated violation from PCP by using different implied volatility or volatility spread between call and put options with the same underlying price, the same strike price and the same expiration date. They found that deviations from PCP contain information about later coming stock prices. There was significant evidence of predictability. By controlling for size, they found that deviations from PCP are more possible to appear when underlying stocks face more information risk. Overall, they suggested that the price of an option could be affected by its demands. Ariful, Meher and Geoffrey (2004) tested the impact of transactions cost on deviations from PCP properties. They used the foreign exchange options which traded on the Philadelphia Exchange (PHLX) from 01 August 2005 to 31 July 2006. By using the intra-daily option, they studied the impact of alternative measures of transaction cost on PCP deviations. Three measures of transaction costs were used: first, a minimum transactions cost that involve only initial bid-ask spreads; second, transaction costs associated with trades closed out prior to expiration; and third, a total transaction costs measure. The results indicated how transactions costs can impact the interpretation of deviations from PCP. 3.4 Summary As mentioned previously, there were many studies on the PCP; most of them had a similar result which indicated that the PCP was not hold in the real financial society. The transaction costs are one of the reasons that had been showed in most of the studies. Also, there are deviations from the PCP. Any deviations from the PCP can be used by investors to make riskless profits. Some studies indicated that transaction costs can impact the interpretation of deviations from the PCP. Chapter 4 Methodology This chapter describes the methodology in the study and the procedures for data collection and data analysis. Methodology includes the following concepts as they relate to a particular discipline or field of inquiry: a collection of theories, concepts or ideas; comparative study of different approaches; and critique of the individual methods. Methodology refers to more than a simple set of methods; rather it refers to the rationale and the philosophical assumptions that underlie a particular study relative to the scientific method. In this dissertation, the author is going to test the put-call parity by using the most recently options data. The author will work out the deviation from the put-call parity. By using the deviation as a dependent variable and put into a simple regression model, the author will find the factors that can affect the deviation. Also, the author will explain the bid and offer price which appear in the data. 4.1 The regression model Regression models are used to predict one variable from one or more other variables. Also, regression models provide the scientist with a powerful tool, allowing predictions about past, present, or future events to be made with information about past or present events. In order to explain the deviation from put-call parity, the author uses a regression model. The model is as the following: In this regression model, diff (the deviation) is the dependent variable, ÃÆ' Ãƒ ¢Ã¢â€š ¬Ã… ¾ (time to expiry), r (risk-free rate), St (the current price of the underlying), and K (strike price) are the explanatory variables. The error term is uÃÆ'Å’Ã ¢Ã¢â€š ¬Ã… ¡. The deviation (diff) is the difference between the two portfolios in the put-call parity. As what has been mentioned in chapter 2, Portfolio A is the call option + an amount of cash equal to K*exp (-r*ÃÆ' Ãƒ ¢Ã¢â€š ¬Ã… ¾); Portfolio B is the put option + one share. Let diff = Portfolio B Portfolio A = (p + S t)-(c + K*exp (-r*ÃÆ' Ãƒ ¢Ã¢â€š ¬Ã… ¾)). If diff is positive, that means portfolio B is over-priced relative to portfolio A, and vice versa. It is obvious that the put-call parity does not hold in the real economic world, there might be some reasons. By doing a simple regress on the above model, the author will find out which explanatory has significant effect on the dependent variable. In the option data the author collected, there are two different option prices, the bid and offer. So the above model will change to the following two models: 4.2 The option data The author is going to briefly describe the option data that has been used in the test of put-call parity. The European option data that used in the test is called CBOE RUSSELL 2000 INDEX-RUT. The CBOE Russell 2000 (RUT) Index is a leading benchmark for the performance of small-capitalization stocks. The CBOE Russell 2000 Index was created in 1984 by Frank Russell Company and was designed to track the performance of small-cap companies. RUT options make it simple to participate in the small-cap market. (COBE website, 2010) All the European options started at 1 to 30 April 2009, with variety ÃÆ' Ãƒ ¢Ã¢â€š ¬Ã… ¾ (time to expiry) from 2days to 626days. The American option data that used in the test is called AFLAC INC. AFLAC Incorporated (AFLAC) is a general business holding company and acts as a management company, overseeing the operations of its subsidiaries.  AFLAC sells supplemental health insurance policies to more than 40 million people worldwide. Because 80 pe rcent of the companys sales are made in Japan, it has been asking the federal government to pressure Japan to open its insurance markets to more competition. The company also lobbies on a variety of health care issues, including the battle over escalating prescription drug prices. (Open Secrets, 2010) All the American options started at 1 to 30 April 2009, with variety ÃÆ' Ãƒ ¢Ã¢â€š ¬Ã… ¾ (time to expiry) from 1days to 661days. The risk-free rate that is used in the model is the LIBOR rate. However, only up to one year LIBOR rate can be found, thus, the author left the options with more than 365days time to expiry out of the data. Then the ÃÆ' Ãƒ ¢Ã¢â€š ¬Ã… ¾ of all the European options is from 2 to 353, and ÃÆ' Ãƒ ¢Ã¢â€š ¬Ã… ¾ of all the American options is from 2 to 290. 4.3 Summary In this dissertation, the models are the main tool to investigate the topic. The stata is the main software that used in this dissertation. The most important models are only four, they are: Also, the author described the data that used in the dissertation, which are the most recently data collected from the yahoo finance. The LIBOR rate is also an important variable in doing the tests. The author collected the LIBOR rates from the ECOWIN, and used them into the tests. 5.3 Bid and Offer price The bid is the highest price that a prospective buyer is willing to pay for a specific security. The offer, also called the asking price, is the lowest price acceptable to a prospective seller of the same security. The highest bid and lowest offer are quoted on most major exchanges, and the difference between the two prices is called the bid-ask spread. The bid-offer spread is the amount by which the ask price exceeds the bid. This is essentially the difference in price between the highest price that  a buyer is willing to pay for an asset and the lowest price for which  a seller is willing to sell it. The size of the bid-offer spread in a security is one measure of the liquidity of the market and of the size of the  transaction cost. In the test of the European options, some differences had been showed between these two prices which are unexpected. Look back Figure 5.4, when bid prices are taken into the test, it was found that the deviation from PCP rises monotonically with increase in ÃÆ' Ãƒ ¢Ã¢â€š ¬Ã… ¾. However, when offer prices had been used in the test, things changed. The deviation from PCP rises at a decreasing rate in ÃÆ' Ãƒ ¢Ã¢â€š ¬Ã… ¾, and there is a peak point that the differences would start decreasing from that point if the time to expiry (ÃÆ' Ãƒ ¢Ã¢â€š ¬Ã… ¾) keeps on increasing. The previous studies had looked at similar difference in unexpected differences found in the test show here. Kalman and Steven (1981) found transaction costs causes bid-offer spreads. Also, Thomas and Francis (1993) examined the cross-sectional distribution of bid-ask spreads in the SP 100 index options market, in which they found cross-sectional differences in bid-ask spreads are directly related to differences in market-making costs. According to Harold (1968), the bid-offer spread is a recognised measure of liquidity costs in exchange traded securities and commodities. Almost all of the transaction cost, such as: brokerage f ees and bid-ask spreads are contained in the two elements of any orthonormal exchange. Under rival conditions the bid-ask spread measures the transaction costs immediately. The liquidity cost is the difference in price paid by an urgent buyer and received by an urgent seller. Because brokerage commissions do not vary with the time taken to complete a transaction, differences in bid-ask spread indicate differences in the liquidity cost. Therefore, after the above discussing, it can be concluded that the unexpected difference between bid and offer prices appeared in the previous tests is because of the transaction costs. The transaction costs can be measured by the bid-offer spreads. 5.4 Summary The author did the tests in order to find out the deviations from the PCP and discuss and explain these deviations. In focusing on the relationship between time to expiry and differences, it is showed that the longer the time to expiry, the larger the deviations, ceteris paribus. Thus, the deviations from put-call parity are more likely to occur in options with underlying stocks that face more information risk because the longer the time to expiry, the more risk need faced. At the end, the author explained the bid and offer prices, which caused the unexpected results during the tests. Chapter 6 Conclusion By looking at what has been previously discussed and all the results, the author can draw following conclusion: The PCP does not hold for both European and American options used in the research. The differences (diff_bid and diff_offer) between the two portfolios, A and B, are positive or negative, never zero. There is always deviation from the PCP. From the above research, when use the deviation from the PCP as a dependent variable in a model, there is evidence that all the explanatory variables in the model have significant effects on the dependent variable. European option: diff_bid = -18.5974** + 20.4371**ÃÆ' Ãƒ ¢Ã¢â€š ¬Ã… ¾ 0.9803**r + 0.0477**St 0.0060**K diff_offer = -22.1961** + 5.7477**ÃÆ' Ãƒ ¢Ã¢â€š ¬Ã… ¾ + 2.0043**r + 0.0402**St + 0.0085**K American option: diff_bid = -0.4627** + 1.1301**ÃÆ' Ãƒ ¢Ã¢â€š ¬Ã… ¾ + 0.0643**r + 0.0173**St + 0.0013**K diff_offer = -0.5666** + 0.9446**ÃÆ' Ãƒ ¢Ã¢â€š ¬Ã… ¾ + 0.1312**r + 0.0020**St + 0.0175** K ** indicates strong significance (p-value 0.01) This dissertation is interested in the effect of the time to expiry (ÃÆ' Ãƒ ¢Ã¢â€š ¬Ã… ¾) The results show there is evidence that time to expiry is positive significance, which the longer the time to expiry, the larger the deviations, ceteris paribus. There is an increasing heteroscedasticity relation between deviations and the time to expiry (ÃÆ' Ãƒ ¢Ã¢â€š ¬Ã… ¾), which would causes the incorrect of standard errors, t-rations and confidence intervals. Through using an option called robust to correct the standards errors regardless of the form of the heteroscedasticity. Also, the results showed a non-linear relation between deviations and the time to expiry (ÃÆ' Ãƒ ¢Ã¢â€š ¬Ã… ¾) when the squared of time to expiry (ÃÆ' Ãƒ ¢Ã¢â€š ¬Ã… ¾Ãƒâ€šÃ‚ ²) was added into models. There is evidence that ÃÆ' Ãƒ ¢Ã¢â€š ¬Ã… ¾Ãƒâ€šÃ‚ ² is also significant, but the effects are different depends on the option prices. There i s evidence that ÃÆ' Ãƒ ¢Ã¢â€š ¬Ã… ¾Ãƒâ€šÃ‚ ² has negative effect on the deviations from the chosen American option whatever the prices are. However, evidence showed that ÃÆ' Ãƒ ¢Ã¢â€š ¬Ã… ¾Ãƒâ€šÃ‚ ² has positive effects on the deviations from the chosen European option when the bid prices had been used and the effects are negative when the offer prices have been used. Later, after using a single polynomial regression model to work out the peak point of the difference at a certain time to expiry (ÃÆ' Ãƒ ¢Ã¢â€š ¬Ã… ¾), the results showed that, for the European option, when taken bid price, the ÃÆ' Ãƒ ¢Ã¢â€š ¬Ã… ¾ is a negative number which is impossible; when taken offer price, the peak point is equal to 10.7762 at ÃÆ' Ãƒ ¢Ã¢â€š ¬Ã… ¾=1.2539. For the American option, peak point is 1.2090 at ÃÆ' Ãƒ ¢Ã¢â€š ¬Ã… ¾ = 1.3955 when its bid price; peak point is 1.1775 at ÃÆ' Ãƒ ¢Ã¢â€š ¬Ã… ¾ = 1.4115 when its offer price. At last, the author used the previous lite rature to explain the unexpected differences showed in the results. The failure of the PCP relationship has implications to asset pricing models like the Black/Scholes option pricing model. When PCP is a theoretical basis of the pricing model, then the pricing model may need to be revisited to determine whether or not it can be improved.

Zara Operation Strategy - 1286 Words

Contents Introduction 2 Business Concept 2 Four Perspectives of Operation Strategy 2 Top-Down versus Bottom-Up Perspective 3 Top-Down Perspective 4 Bottom-Up Perspective 4 Market Requirement versus Operations Resources 4 Market Requirement Perspective 5 Operation Resources Perspective 5 Conclusion 5 Reference 6 Introduction Zara is a Spanish fashion and accessories retailers that founded in 1975 by Amancio Ortega and Rosalia Mera (Ledesma, 2013). Zara designs, manufactures their apparel, footwear and accessories for men, women and sells up-to-minute â€Å"fashionabilty† at low prices throughout Europe, US and Asia Pacific (Bilsel, 2014) that clearly focused on one particular market ( Nigel Slack, Stuart Chambers,†¦show more content†¦Zara did not only depend on trends in the fashion industry, but leverage word-of-mouth information to create clothing that will appeal to customers. Also, another bottom-up strategy is the management; mangers of Zara’s outlets may report directly to Zara’s headquarter to feedback on the preferences of their customers. Through these means, the sales forecast is efficient and able to launch products quickly as Zara is equipped with the information needed to compete in the fast copying and launching products to suit with new trends in the fashion industry. The high flexibility allows Zara to do so. Market Requirement versus Operations Resources Market requirements perspective starts from the commonsense notion that any operational strategies should reflect what this organization is trying to do in their market. Companies compete in a variety of ways, some of which may compete primarily on cost, others on the excellence of the product or service they offer, others on high levels of customer service goods, others to customize products and services to the needs of their individual customers, and so on. To fulfill Market Requirement, an organization must be able to provide sufficient capabilities and at high quality standard Market Requirement Perspective Regardless of what operation strategy of an organization, it mustShow MoreRelatedZara Operations Strategy4086 Words   |  17 PagesZARA’S OPERATIONS STATEGY, A CRITIQUE OF A BUSINESS CASE. 1.Excecutive summary. Operations management is in regard to all operations within the organization responsible for creating goods and services that organizations pass to their customers. This function is at the heart of all organizations, giving the means of achieving their aims and reason for their existence. These activities include: managing purchases, inventory control, quality control, storage and logistics. A great deal of focus inRead MoreZara Operations Strategy Matrix2426 Words   |  10 PagesThe objective of this paper is to analyze and evaluate the operations strategy of Zara. To do this, it will be used the operation strategy matrix, that defines on the vertical side the performance objectives of the company and on the horizontal side the different areas in which decisions can be made. The intersection of both will show which the critical areas of Zara’s operations are. In order to reach a deep level of analysis, it is very important the task of defining both the performance objective sRead MoreZara s Operation Strategy And How It Uses Technology Into Operations For Fast Communication Between Different Departments Essay1238 Words   |  5 Pages â€Æ' Executive Summary This report is about Zara’s operation strategy and how it uses technology in operations to get competitive advantage in the fashion market. Zara introduced information system in operations for fast communication between different departments. The company’s store managers directly convey customers feedback to head office through advanced information system. Once the information gets collected by head office, the designers start working on new designs and take immediate opinionsRead MoreZara Postponement Strategy1702 Words   |  7 Pagesï » ¿The case of Zara – The Postponement strategy I) Introduction In order to compete in the world of rising globalization and shortening of product life cycle nowadays, firms have to deal with the demand for increasing product variety to meet the diverse needs of customers. Mass customization has become a requirement for many businesses especially in the dynamic, fast-changing industries. However, the more product varieties, the more difficult it is to forecast demand, control inventory and manufactureRead MoreStrategy of Zara Burberry1298 Words   |  6 Pages| | | | [STRATEGY OF ZARA amp; BURBERRY] | | TABLE OF CONTENTS INTRODUCTION†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.1 STRATEGIES†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..1 CONCLUSION: COMPARISON ZARA VS BURBERRY†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.4 REFERENCES.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦5 Introduction ABOUT ZARA†¦ Zara started operations in Spain in 1975, and now operates in 74 countries worldwide. Zara is one of the largest international fashion companies and it is owned by INDITEX, one of the world’s largest distributionRead MoreCase Study : Zaras Success1299 Words   |  6 Pages3.0 Zara s success is due to its approaches to operations management Discuss. 3.1 INTRODUCTION Operations management refers to all operations and activities within the organization responsible for the creation of goods and services that the organization passes to its customers. The main activities of operation management include managing purchases, quality control, inventory control, storage and logistics and a great deal of focus is on efficiency and effectiveness of such a process (slackRead MoreZar A Critique Of A Business Case Essay1269 Words   |  6 PagesZARA’S OPERATIONS STATEGY, A CRITIQUE OF A BUSINESS CASE. 1.Excecutive summary. Operations management is in regard to all operations within the organization responsible for creating goods and services that organizations pass to their customers. This function is at the heart of all organizations, giving the means of achieving their aims and reason for their existence. These activities include: managing purchases, inventory control, quality control, storage and logistics. A great deal of focus in operationsRead MoreZara1142 Words   |  5 PagesOutsourcing Zara Created by: Brenda Dyck 1gt; As Mr. Salgado, what will you do concerning the issue of upgrading the POS terminal? Will you upgrade to a modern operating system? Should the POS applications be rewritten to include any additional functionality? If so, what functionality? Response: Yes, I would upgrade both the POS terminal and modernize the operating system. With Dos being outdated and no longer being supported by the IT industry Zara has an unnecessary business risk. Zara supportsRead MoreZar A Business Strategy And The Brand Image1706 Words   |  7 Pagestheir finances in other needs rather than fashion. However, Zara, a Spanish retail fashion giant, has achieved just that by providing clothing and fashion at an affordable price for those conscious of fashion. Zara has made a business out of promoting people to wear fashionable clothes and purchasing them at prices they can afford at Zara stores. The company has enjoyed success in the textile industry owing to its unique business strategy and the brand image. Among many clothing retailers, up to dateRead MoreZara Pos System Case Study Essay1324 Words   |  6 PagesCase Study: Zara: IT for Fashion Background Zara, high fashion clothing producer and retailer, opened its first store in Galicia, Spain in 1975, and by 2003, had grown to 550 stores worldwide. Zara is the largest holding of its mother company, Inditex, and is evaluating whether to invest in modernizing its IT infrastructure, specifically its in-store Point-of-Sale (POS) terminals which are running a DOS Operating System that is now EOL. Business Model Zara has a unique and very effective business

Automobile Technology The Tesla Motors in California

Though production of these vehicles is relatively more expensive, the costs of manufacturing are being decreased through the enhancement and advancement in hybrid/battery-powered automobile technology. So companies trying to transition to electric vehicle production have to invest more dollars than their usual monetary funds in conventional cars. But as the technology advances and hybrid/electric cars become more prevalent, the production and manufacturing of these vehicles won’t be a heavier burden in cost than conventional car production and manufacturing. Tesla is a car company that exhibits a company that is producing â€Å"eco-friendly† vehicles, and increases production of affordable vehicles. Martin Eberheard and Marc Tarpenning founded Tesla motors in California in July 2003. The company was founded under the mission to set out to prove electrical vehicles were plausible and awesome. In 2004, billionaire and creator of PayPal, Elon Musk, invested in the company and joined the board (Musk is now the acting CEO and Chairman of Tesla motors). The company is named after electrical engineer and physicist Nikola Tesla, a man who pioneered the development of electrical technology in vehicles. The Tesla Roadster uses an AC motor descended directly from Tesla’s original 1882 design. Teslas strategy was to emulate consumer electronics products and enter the automotive market with an expensive high-end product targeted at affluent buyers. According to a blog post by Musk, NewShow MoreRelatedEssay about Tesla Motors1688 Words   |  7 Pagesthat Tesla Motors faces is the society and subcultures. In this day in age consumers worldwide have increased their knowledge and sensitivity about its environment. Numerous companies have catered to this need of becoming more environmentally responsible by offering products that are â€Å"green† or environmentally friendly. This new growth amongst people and organizations alike of becoming more environmentally conscious has created an opportunity for Tesla Motors with its brand of product. Tesla MotorsRead MoreTesla Motors, Inc.1172 Words   |  5 PagesTesla Motors, Inc. is an American automotive and energy storage giant firm that designs and manufactures electronically powered cars, their components and battery produ cts. Tesla Motors is a public company that trades on the NASDAQ stock exchange under the symbol TSLA. Tesla reported profit in first quarter of 2013, which was first time ever in their history. Since its foundation in 2003, Tesla Motors has recorded most noticeable breakthroughs in the market of electric vehicles by their own developedRead MoreTesla Model s Marketing Plan1126 Words   |  5 Pages Tesla Model S – Marketing Plan Leyda Alaniz Marketing Management Professor Irwin Brand Broward College February 12, 2017 Tesla Model S – Marketing Plan At its inception in 2003, Tesla Motors, Inc. was forged like-minded engineers motivated by the vanguard technology of electric vehicles in the modern world. Tesla, Inc.’s Model S is the safest luxury vehicle in the modern world that combines aesthetic appeal and technology in one swift move of eloquence. Marketing Plan – Part I Product-ServiceRead MoreTesla s Model Of A Luxury Sedan1580 Words   |  7 PagesIdentification Tesla has a few elements to their strategy, one being they keep their product line simple. Elon Musk was highly involved with the production of the Tesla Roadster and as of December 2012 the production of this model has been ended due to the introduction of the Model S, a luxury sedan. Another key element of Tesla Motor’s Strategy is the technology and product development that they put into designing their products. According to the text, since Tesla has been founded, over $900 millionRead MoreCompany Profile Of Tesla Motors1364 Words   |  6 Pages History of Operation Tesla Motors was incorporated in 2003. in 2016, it began production of the Roadster in 2009, Model S unveiled. in 2010, TSLA IPO launched; Announced partnership to develop powertrain system with Toyota RAV4. in 2012, it Started building Supercharger Network across America and Unveiled designs and plans for Model X. in 2013, Tesla got Extreme Tech â€Å"Best Selling Luxury Car. IN 2014, Gigafactory announcement 200th Tesla Charging Station opened, and Musk announces anyone canRead MoreCompany Analysis : Tesla Motors1036 Words   |  5 PagesAlthough Tesla Motors product line could be considered a niche market they have plenty of opportunities to expand their product line globally, (Thompson et al., 2016). The firm’s vision outlines that they plan to expand their product line to promote growth and drive down the cost of their automobiles. Another important opportunity would be many countries are developing strong regulations that favor electric cars and the market is constant ly growing due to increased fuel costs. Again Tesla Motors hasRead MoreAmerican Auto Industry : Environmental Analysis1299 Words   |  6 Pagesand a significant contributor to the strength of the US dollar. Although the auto industry did not begin in America, it was american innovation that allowed for the development of automobile mass production, when Henry Ford invented the first automobile assembly line (Highfield et. al., 2004). Since then, the automobile has become a global necessity, making the auto industry one the most stable and successful. Recent years have seen the rise of game changing developments in the american auto industryRead MoreTesla Motors, An Electric Power Train And Car Manufacturer1072 Words   |  5 PagesTesla Motors is a technology company, which manufactures and promotes in-house designs for technological components. Tesla Motors is an electric power train and car manufacturer, founded with the goal of providing an emission-less, cheaper and more reliable automotive vehicle rather than such with an IC engine. The auto manufacturing market is very competitive, especially for alternative fuel vehicles that has become more popular with the rise of environmental concerns. Company has a limited amountRead MoreThe Electric Car973 Words   |  4 Pagescontroversial product released in the car industry. Why, because the energy used to power these cars come from non-renewable energy sources which actually use more energy than a gasoline burning automobile. The EV1 was a modern fully electric vehicle produced by General Motors (GM) from the years 1996-1999. In 1999 Gen eral Motors recalled and destroyed all but 40 of this revolutionary product, because it was an economic failure. It was a failure because it was improperly advertised and marketed. They triedRead MoreTesla Overview, Industry Products1663 Words   |  7 Pages Tesla Overview, Industry Products â€Å"Tesla Motors, Inc. is an American automotive and energy storage company that designs, manufactures, and sells electric cars, electric vehicle powertrain components, and battery products.† Founded in 2003, the car company has taken the industry by storm by providing sleek, innovative and futuristic automobiles. In addition, the car manufacturer has revolutionized the automotive, renewable energy and manufacturing industry. Although the concept of the Telsa automobile

The Characters of Julius Caesar by William Shakespeare Essay Sample free essay sample

The chief characters ofJulius Caesarby William Shakespeare are predominately are educated. and political figures. Antony. Brutus. Cassius. and Caesar all likewise in some ways because of their similar backgrounds. but they besides have several differences. Cassius and Caesar are the most likewise. The both have a gustatory sensation for power. and they have a job with following others. They have strong personalities and are natural leaders. Caesar has succeeded in obtaining the trueness of the Roman people and his ground forces. Cassius is the leader of the blackwash secret plan and besides has the ability to rock others to follow him. However. Caesar is more unfastened about his motivations while Cassius is more sly. He is non one who can associate with the common people. Caesar even says that he is thin and enjoys no pleasances. Caesar is rather the antonym. He does bask life and all of the pleasances that it brings. We will write a custom essay sample on The Characters of Julius Caesar by William Shakespeare Essay Sample or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Cassius is plotting the blackwash of Caesar. but Caesar had defeated Pompeii whom he had one time sworn commitment. Brutus and Antony are besides more likewise. They had both been loyal to Caesar and considered his closest friends. Brutus did bewray him while Antony remained loyal to the terminal. They both loved their state more than themselves. Brutus merely goes against Caesar because he is convinced he will declare himself king. Brutus would do good with his closest friend as male monarch. but he put what he thought was best for his fellow countrymen foremost. Antony. being a military adult male is every bit loyal to his ground forces and military as Brutus is to his countrymen. These two work forces are forced to do determination that will change the classs of their lives. Antony is far brighter and more trained than Brutus when it comes to military schemes When he is a portion of the blackwash squad. Brutus still takes the clip to acknowledge the good qualities that Caesar possessed. Antony besides praises the Brutus after his decease. He knew that he did the incorrect thing with honest purp oses. The drama. Julius Caesar has been enjoyed for 100s of old ages. This has been true because of the strong characters that Shakespeare displays to the audience. It will be entertaining for coevalss to come because of the strong plot line and the unforgettable characters. Plants Cited Shakespeare. William.Julius Caesar. 1623. New York: Washington Square Press. 2004.

We say free essay sample

Theme and Unit Title: RH3/3/NE/004 Human Biology Student Name: Jessica Wascoe Title of assignment: Question booklet LEARNING OUTCOMES ASSESSMENT CRITERIA Level Achieved The learner will: The learner can: Met (? )/Not Met(x) 5. Understand the nature of growth and reproductive processes 5. 1 explain the role of mitosis and meiosis in growth and reproduction 5. 2 discuss the factors which influence growth and reproduction 5. 3 explain the roles played by cell multiplication, differentiation, reorganisation and maturation in growth and reproduction Yes Yes Yes 6. Understand the role of the body defences 6. 2. Discuss auto-immune diseases and allergies Yes If all learning outcomes are achieved at level 3 the assignment will be graded. For this assignment grading criteria 1 and 7 apply. Descriptor Grade awarded Comment 1. Understanding of the subject Pass Work submitted Jessica shows you have a grasp of the relevant knowledge at a level sufficient for a pass 7. Quality Merit Jessica work demonstrates a very good response to the assignment. We will write a custom essay sample on We say or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Your work is structured in a way that is generally logical and fluent Markers comments: Some areas of feedback given, Jessica, in the question booklet. This identifies areas where improvements could have been made. Remember to read the question carefully and answer it fully. See question 12 – you have not given an example of an allergy Level and grades awarded: 1A Pass 7AC Merit Tutor/Assessor: Marie Edwards Signed: Date: 6 December 2013 Internal Verifier: Signed: Date: Resubmission Date: FEEDBACK SHEET Theme and Unit Title: RH3/3/NE/004 Human Biology Student Name: Jane Chidemo Title of assignment: Question booklet LEARNING OUTCOMES ASSESSMENT CRITERIA Level Achieved The learner will: The learner can: Met (? )/Not Met(x) 5. Understand the nature of growth and reproductive processes 5. 1 explain the role of mitosis and meiosis in growth and reproduction 5. 2 discuss the factors which influence growth and reproduction 5. 3 explain the roles played by cell multiplication, differentiation, reorganisation and maturation in growth and reproduction Yes Yes Yes 6. Understand the role of the body defences 6. 2. Discuss auto-immune diseases and allergies No If all learning outcomes are achieved at level 3 the assignment will be graded. For this assignment grading criteria 1 and 7 apply. Descriptor Grade awarded Comment 1. Understanding of the subject 7. Quality Markers comments: Jane a good attempt at the assignment. Some responses are a little brief – I would have liked more detail. See feedback given for areas where improvements could have been made. Question 12 however does not meet the minimum standard required for a pass. I am therefore unable to recommend a pass for this assignment. Please resubmit question 12 only. Remember to answer the question as fully as possible Level and grades awarded: 1A 7AC Tutor/Assessor: Marie Edwards Signed: Date: 6 December 2013 Internal Verifier: Signed: Date: Resubmission Date: 19 December FEEDBACK SHEET Theme and Unit Title: RH3/3/NE/004 Human Biology Student Name: Katie Dalkin Title of assignment: Question booklet LEARNING OUTCOMES ASSESSMENT CRITERIA Level Achieved The learner will: The learner can: Met (? )/Not Met(x) 5. Understand the nature of growth and reproductive processes 5. 1 explain the role of mitosis and meiosis in growth and reproduction 5. 2 discuss the factors which influence growth and reproduction 5. 3 explain the roles played by cell multiplication, differentiation, reorganisation and maturation in growth and reproduction Yes Yes Yes 6. Understand the role of the body defences 6. 2. Discuss auto-immune diseases and allergies Yes If all learning outcomes are achieved at level 3 the assignment will be graded. For this assignment grading criteria 1 and 7 apply. Descriptor Grade awarded Comment 1. Understanding of the subject Merit Katie work submitted shows you have a very good grasp of the relevant knowledge at base 7. Quality Merit Work demonstrates a very good response to the assignment. Katie your work is structured in a way that is generally logical and fluent Markers comments: Katie overall this is a very good attempt at the assignment. There are some areas of feedback given. This will identify areas where improvements could have been made. Take care with changes in font in your work. See response to question 10. Also remember at level 3 not to use contractions e. g. couldn’t Level and grades awarded: 1A Merit 7AC Merit Tutor/Assessor: Marie Edwards Signed: Date: 6 December 2013 Internal Verifier: Signed: Date: Resubmission Date: FEEDBACK SHEET Theme and Unit Title: RH3/3/NE/004 Human Biology Student Name: Jo Richardson Title of assignment: Question booklet LEARNING OUTCOMES ASSESSMENT CRITERIA Level Achieved The learner will: The learner can: Met (? )/Not Met(x) 5. Understand the nature of growth and reproductive processes 5. 1 explain the role of mitosis and meiosis in growth and reproduction 5. 2 discuss the factors which influence growth and reproduction 5. 3 explain the roles played by cell multiplication, differentiation, reorganisation and maturation in growth and reproduction Yes Yes Yes 6. Understand the role of the body defences 6. 2. Discuss auto-immune diseases and allergies No If all learning outcomes are achieved at level 3 the assignment will be graded. For this assignment grading criteria 1 and 7 apply. Descriptor Grade awarded Comment 1. Understanding of the subject 7. Quality Markers comments: Jo a good attempt at the assignment. Some responses are a little brief – I would have liked more detail. See feedback given for areas where improvements could have been made. Question 12 however does not meet the minimum standard required for a pass. I am therefore unable to recommend a pass for this assignment. Please resubmit question 12 only. Remember to answer the question as fully as possible Level and grades awarded: 1A 7AC Tutor/Assessor: Marie Edwards Signed: Date: 6 December 2013 Internal Verifier: Signed: Date: Resubmission Date: 19 December FEEDBACK SHEET Theme and Unit Title: RH3/3/NE/004 Human Biology Student Name: Gavin Goldsbrough Title of assignment: Question booklet LEARNING OUTCOMES ASSESSMENT CRITERIA Level Achieved The learner will: The learner can: Met (? )/Not Met(x) 5. Understand the nature of growth and reproductive processes 5. 1 explain the role of mitosis and meiosis in growth and reproduction 5. 2 discuss the factors which influence growth and reproduction 5. 3 explain the roles played by cell multiplication, differentiation, reorganisation and maturation in growth and reproduction Yes Yes Yes 6. Understand the role of the body defences 6. 2. Discuss auto-immune diseases and allergies Yes If all learning outcomes are achieved at level 3 the assignment will be graded. For this assignment grading criteria 1 and 7 apply. Descriptor Grade awarded Comment 1. Understanding of the subject Merit Work submitted Gavin shows you have a very good grasp of the relevant knowledge base 7. Quality Distinction Gavin work demonstrates an excellent response to the assignment. Your work is structured in a way that is consistently logical and fluent Markers comments: Gavin an excellent piece of work. One or two areas of feedback given. This will show where you could have made improvement with the knowledge Overall an excellent response to the assignment Well done Level and grades awarded: 1A Merit 7AC Distinction Tutor/Assessor: Marie Edwards Signed: Date: 6 December 2013 Internal Verifier: Signed: Date: Resubmission Date: FEEDBACK SHEET Theme and Unit Title: RH3/3/NE/004 Human Biology Student Name: Helen Banks Title of assignment: Question booklet LEARNING OUTCOMES ASSESSMENT CRITERIA Level Achieved The learner will: The learner can: Met (? )/Not Met(x) 5. Understand the nature of growth and reproductive processes 5. 1 explain the role of mitosis and meiosis in growth and reproduction 5. 2 discuss the factors which influence growth and reproduction 5. 3 explain the roles played by cell multiplication, differentiation, reorganisation and maturation in growth and reproduction Yes Yes Yes 6. Understand the role of the body defences 6. 2. Discuss auto-immune diseases and allergies Yes If all learning outcomes are achieved at level 3 the assignment will be graded. For this assignment grading criteria 1 and 7 apply. Descriptor Grade awarded Comment 1. Understanding of the subject Distinction Work submitted shows you have an excellent grasp of the relevant knowledge base Helen 7. Quality Distinction Helen this is an excellent response to the assignment. Your work is structured in a way that consistently logical and fluent. Markers comments: An excellent piece of work Helen Well done Level and grades awarded: 1A Distinction 7AC Distinction Tutor/Assessor: Marie Edwards Signed: Date: 6 December 2013 Internal Verifier: Signed: Date: Resubmission Date: FEEDBACK SHEET Theme and Unit Title: RH3/3/NE/004 Human Biology Student Name: Annette Kinson Title of assignment: Question booklet LEARNING OUTCOMES ASSESSMENT CRITERIA Level Achieved The learner will: The learner can: Met (? )/Not Met(x) 5. Understand the nature of growth and reproductive processes 5. 1 explain the role of mitosis and meiosis in growth and reproduction 5. 2 discuss the factors which influence growth and reproduction 5. 3 explain the roles played by cell multiplication, differentiation, reorganisation and maturation in growth and reproduction Yes Yes Yes 6. Understand the role of the body defences 6. 2. Discuss auto-immune diseases and allergies Yes If all learning outcomes are achieved at level 3 the assignment will be graded. For this assignment grading criteria 1 and 7 apply. Descriptor Grade awarded Comment 1. Understanding of the subject Distinction Annette the work submitted shows you have an excellent grasp of the relevant knowledge base 7. Quality Distinction This is an excellent response to the assignment Annette. Your work is structured in a way that consistently logical and fluent. Markers comments: An excellent piece of work Annette Well done Level and grades awarded: 1A Distinction 7AC Distinction Tutor/Assessor: Marie Edwards Signed: Date: 6 December 2013 Internal Verifier: Signed: Date: Resubmission Date: FEEDBACK SHEET Theme and Unit Title: RH3/3/NE/004 Human Biology Student Name: Rebekka Hill Title of assignment: Question booklet LEARNING OUTCOMES ASSESSMENT CRITERIA Level Achieved The learner will: The learner can: Met (? )/Not Met(x) 5. Understand the nature of growth and reproductive processes 5. 1 explain the role of mitosis and meiosis in growth and reproduction 5. 2 discuss the factors which influence growth and reproduction 5. 3 explain the roles played by cell multiplication, differentiation, reorganisation and maturation in growth and reproduction Yes Yes Yes 6. Understand the role of the body defences 6. 2. Discuss auto-immune diseases and allergies Yes If all learning outcomes are achieved at level 3 the assignment will be graded. For this assignment grading criteria 1 and 7 apply. Descriptor Grade awarded Comment 1. Understanding of the subject Distinction Rebekka the work submitted shows you have an excellent grasp of the relevant knowledge base 7. Quality Distinction Work demonstrates an excellent response to the assignment. Your work is structured in a way that is consistently logical and fluent. Markers comments: An excellent piece of work Rebekka Well done Level and grades awarded: 1A Distinction 7AC Distinction Tutor/Assessor: Marie Edwards Signed: Date: 6 December 2013 Internal Verifier: Signed: Date: Resubmission Date: FEEDBACK SHEET Theme and Unit Title: RH3/3/NE/004 Human Biology Student Name: Jessica Wascoe Title of assignment: Question booklet LEARNING OUTCOMES ASSESSMENT CRITERIA Level Achieved The learner will: The learner can: Met (? )/Not Met(x) 5. Understand the nature of growth and reproductive processes 5. 1 explain the role of mitosis and meiosis in growth and reproduction 5. 2 discuss the factors which influence growth and reproduction 5. 3 explain the roles played by cell multiplication, differentiation, reorganisation and maturation in growth and reproduction Yes Yes Yes 6. Understand the role of the body defences 6. 2. Discuss auto-immune diseases and allergies Yes If all learning outcomes are achieved at level 3 the assignment will be graded. For this assignment grading criteria 1 and 7 apply. Descriptor Grade awarded Comment 1. Understanding of the subject Pass Work submitted Jessica shows you have a grasp of the relevant knowledge at a level sufficient for a pass 7. Quality Merit Jessica work demonstrates a very good response to the assignment. Your work is structured in a way that is generally logical and fluent Markers comments: Some areas of feedback given, Jessica, in the question booklet. This identifies areas where improvements could have been made. Remember to read the question carefully and answer it fully. See question 12 – you have not given an example of an allergy Level and grades awarded: 1A Pass 7AC Merit Tutor/Assessor: Marie Edwards Signed: Date: 6 December 2013 Internal Verifier: Signed: Date: Resubmission Date: FEEDBACK SHEET Theme and Unit Title: RH3/3/NE/004 Human Biology Student Name: Jessica Wascoe Title of assignment: Question booklet LEARNING OUTCOMES ASSESSMENT CRITERIA Level Achieved The learner will: The learner can: Met (? )/Not Met(x) 5. Understand the nature of growth and reproductive processes 5. 1 explain the role of mitosis and meiosis in growth and reproduction 5. 2 discuss the factors which influence growth and reproduction 5. 3 explain the roles played by cell multiplication, differentiation, reorganisation and maturation in growth and reproduction Yes Yes Yes 6. Understand the role of the body defences 6. 2. Discuss auto-immune diseases and allergies Yes If all learning outcomes are achieved at level 3 the assignment will be graded. For this assignment grading criteria 1 and 7 apply. Descriptor Grade awarded Comment 1. Understanding of the subject Pass Work submitted Jessica shows you have a grasp of the relevant knowledge at a level sufficient for a pass 7. Quality Merit Jessica work demonstrates a very good response to the assignment. Your work is structured in a way that is generally logical and fluent Markers comments: Some areas of feedback given, Jessica, in the question booklet. This identifies areas where improvements could have been made. Remember to read the question carefully and answer it fully. See question 12 – you have not given an example of an allergy Level and grades awarded: 1A Pass 7AC Merit Tutor/Assessor: Marie Edwards Signed: Date: 6 December 2013 Internal Verifier: Signed: Date: Resubmission Date: FEEDBACK SHEET Theme and Unit Title: RH3/3/NE/004 Human Biology Student Name: Jessica Wascoe Title of assignment: Question booklet LEARNING OUTCOMES ASSESSMENT CRITERIA Level Achieved The learner will: The learner can: Met (? )/Not Met(x) 5. Understand the nature of growth and reproductive processes 5. 1 explain the role of mitosis and meiosis in growth and reproduction 5. 2 discuss the factors which influence growth and reproduction 5. 3 explain the roles played by cell multiplication, differentiation, reorganisation and maturation in growth and reproduction Yes Yes Yes 6. Understand the role of the body defences 6. 2. Discuss auto-immune diseases and allergies Yes If all learning outcomes are achieved at level 3 the assignment will be graded. For this assignment grading criteria 1 and 7 apply. Descriptor Grade awarded Comment 1. Understanding of the subject Pass Work submitted Jessica shows you have a grasp of the relevant knowledge at a level sufficient for a pass 7. Quality Merit Jessica work demonstrates a very good response to the assignment. Your work is structured in a way that is generally logical and fluent Markers comments: Some areas of feedback given, Jessica, in the question booklet. This identifies areas where improvements could have been made. Remember to read the question carefully and answer it fully. See question 12 – you have not given an example of an allergy Level and grades awarded: 1A Pass 7AC Merit Tutor/Assessor: Marie Edwards Signed: Date: 6 December 2013 Internal Verifier: Signed: Date: Resubmission Date: FEEDBACK SHEET Theme and Unit Title: RH3/3/NE/004 Human Biology Student Name: Jessica Wascoe Title of assignment: Question booklet LEARNING OUTCOMES ASSESSMENT CRITERIA Level Achieved The learner will: The learner can: Met (? )/Not Met(x) 5. Understand the nature of growth and reproductive processes 5. 1 explain the role of mitosis and meiosis in growth and reproduction 5. 2 discuss the factors which influence growth and reproduction 5. 3 explain the roles played by cell multiplication, differentiation, reorganisation and maturation in growth and reproduction Yes Yes Yes 6. Understand the role of the body defences 6. 2. Discuss auto-immune diseases and allergies Yes If all learning outcomes are achieved at level 3 the assignment will be graded. For this assignment grading criteria 1 and 7 apply. Descriptor Grade awarded Comment 1. Understanding of the subject Pass Work submitted Jessica shows you have a grasp of the relevant knowledge at a level sufficient for a pass 7. Quality Merit Jessica work demonstrates a very good response to the assignment. Your work is structured in a way that is generally logical and fluent Markers comments: Some areas of feedback given, Jessica, in the question booklet. This identifies areas where improvements could have been made. Remember to read the question carefully and answer it fully. See question 12 – you have not given an example of an allergy Level and grades awarded: 1A Pass 7AC Merit Tutor/Assessor: Marie Edwards Signed: Date: 6 December 2013 Internal Verifier: Signed: Date: Resubmission Date: FEEDBACK SHEET Theme and Unit Title: RH3/3/NE/004 Human Biology Student Name: Jessica Wascoe Title of assignment: Question booklet LEARNING OUTCOMES ASSESSMENT CRITERIA Level Achieved The learner will: The learner can: Met (? )/Not Met(x) 5. Understand the nature of growth and reproductive processes 5. 1 explain the role of mitosis and meiosis in growth and reproduction 5. 2 discuss the factors which influence growth and reproduction 5. 3 explain the roles played by cell multiplication, differentiation, reorganisation and maturation in growth and reproduction Yes Yes Yes 6. Understand the role of the body defences 6. 2. Discuss auto-immune diseases and allergies Yes If all learning outcomes are achieved at level 3 the assignment will be graded. For this assignment grading criteria 1 and 7 apply. Descriptor Grade awarded Comment 1. Understanding of the subject Pass Work submitted Jessica shows you have a grasp of the relevant knowledge at a level sufficient for a pass 7. Quality Merit Jessica work demonstrates a very good response to the assignment. Your work is structured in a way that is generally logical and fluent Markers comments: Some areas of feedback given, Jessica, in the question booklet. This identifies areas where improvements could have been made. Remember to read the question carefully and answer it fully. See question 12 – you have not given an example of an allergy Level and grades awarded: 1A Pass 7AC Merit Tutor/Assessor: Marie Edwards Signed: Date: 6 December 2013 Internal Verifier: Signed: Date: Resubmission Date: FEEDBACK SHEET Theme and Unit Title: RH3/3/NE/004 Human Biology Student Name: Jessica Wascoe Title of assignment: Question booklet LEARNING OUTCOMES ASSESSMENT CRITERIA Level Achieved The learner will: The learner can: Met (? )/Not Met(x) 5. Understand the nature of growth and reproductive processes 5. 1 explain the role of mitosis and meiosis in growth and reproduction 5. 2 discuss the factors which influence growth and reproduction 5. 3 explain the roles played by cell multiplication, differentiation, reorganisation and maturation in growth and reproduction Yes Yes Yes 6. Understand the role of the body defences 6. 2. Discuss auto-immune diseases and allergies Yes If all learning outcomes are achieved at level 3 the assignment will be graded. For this assignment grading criteria 1 and 7 apply. Descriptor Grade awarded Comment 1. Understanding of the subject Pass Work submitted Jessica shows you have a grasp of the relevant knowledge at a level sufficient for a pass 7. Quality Merit Jessica work demonstrates a very good response to the assignment. Your work is structured in a way that is generally logical and fluent Markers comments: Some areas of feedback given, Jessica, in the question booklet. This identifies areas where improvements could have been made. Remember to read the question carefully and answer it fully. See question 12 – you have not given an example of an allergy Level and grades awarded: 1A Pass 7AC Merit Tutor/Assessor: Marie Edwards Signed: Date: 6 December 2013 Internal Verifier: Signed: Date: Resubmission Date: FEEDBACK SHEET Theme and Unit Title: RH3/3/NE/004 Human Biology Student Name: Jessica Wascoe Title of assignment: Question booklet LEARNING OUTCOMES ASSESSMENT CRITERIA Level Achieved The learner will: The learner can: Met (? )/Not Met(x) 5. Understand the nature of growth and reproductive processes 5. 1 explain the role of mitosis and meiosis in growth and reproduction 5. 2 discuss the factors which influence growth and reproduction 5. 3 explain the roles played by cell multiplication, differentiation, reorganisation and maturation in growth and reproduction Yes Yes Yes 6. Understand the role of the body defences 6. 2. Discuss auto-immune diseases and allergies Yes If all learning outcomes are achieved at level 3 the assignment will be graded. For this assignment grading criteria 1 and 7 apply. Descriptor Grade awarded Comment 1. Understanding of the subject Pass Work submitted Jessica shows you have a grasp of the relevant knowledge at a level sufficient for a pass 7. Quality Merit Jessica work demonstrates a very good response to the assignment. Your work is structured in a way that is generally logical and fluent Markers comments: Some areas of feedback given, Jessica, in the question booklet. This identifies areas where improvements could have been made. Remember to read the question carefully and answer it fully. See question 12 – you have not given an example of an allergy Level and grades awarded: 1A Pass 7AC Merit Tutor/Assessor: Marie Edwards Signed: Date: 6 December 2013 Internal Verifier: Signed: Date: Resubmission Date: FEEDBACK SHEET Theme and Unit Title: RH3/3/NE/004 Human Biology Student Name: Jessica Wascoe Title of assignment: Question booklet LEARNING OUTCOMES ASSESSMENT CRITERIA Level Achieved The learner will: The learner can: Met (? )/Not Met(x) 5. Understand the nature of growth and reproductive processes 5. 1 explain the role of mitosis and meiosis in growth and reproduction 5. 2 discuss the factors which influence growth and reproduction 5. 3 explain the roles played by cell multiplication, differentiation, reorganisation and maturation in growth and reproduction Yes Yes Yes 6. Understand the role of the body defences 6. 2. Discuss auto-immune diseases and allergies Yes If all learning outcomes are achieved at level 3 the assignment will be graded. For this assignment grading criteria 1 and 7 apply. Descriptor Grade awarded Comment 1. Understanding of the subject Pass Work submitted Jessica shows you have a grasp of the relevant knowledge at a level sufficient for a pass 7. Quality Merit Jessica work demonstrates a very good response to the assignment. Your work is structured in a way that is generally logical and fluent Markers comments: Some areas of feedback given, Jessica, in the question booklet. This identifies areas where improvements could have been made. Remember to read the question carefully and answer it fully. See question 12 – you have not given an example of an allergy Level and grades awarded: 1A Pass 7AC Merit Tutor/Assessor: Marie Edwards Signed: Date: 6 December 2013 Internal Verifier: Signed: Date: Resubmission Date: FEEDBACK SHEET Theme and Unit Title: RH3/3/NE/004 Human Biology Student Name: Jessica Wascoe Title of assignment: Question booklet LEARNING OUTCOMES ASSESSMENT CRITERIA Level Achieved The learner will: The learner can: Met (? )/Not Met(x) 5. Understand the nature of growth and reproductive processes 5. 1 explain the role of mitosis and meiosis in growth and reproduction 5. 2 discuss the factors which influence growth and reproduction 5. 3 explain the roles played by cell multiplication, differentiation, reorganisation and maturation in growth and reproduction Yes Yes Yes 6. Understand the role of the body defences 6. 2. Discuss auto-immune diseases and allergies Yes If all learning outcomes are achieved at level 3 the assignment will be graded. For this assignment grading criteria 1 and 7 apply. Descriptor Grade awarded Comment 1. Understanding of the subject Pass Work submitted Jessica shows you have a grasp of the relevant knowledge at a level sufficient for a pass 7. Quality Merit Jessica work demonstrates a very good response to the assignment. Your work is structured in a way that is generally logical and fluent Markers comments: Some areas of feedback given, Jessica, in the question booklet. This identifies areas where improvements could have been made. Remember to read the question carefully and answer it fully. See question 12 – you have not given an example of an allergy Level and grades awarded: 1A Pass 7AC Merit Tutor/Assessor: Marie Edwards Signed: Date: 6 December 2013 Internal Verifier: Signed: Date: Resubmission Date: FEEDBACK SHEET Theme and Unit Title: RH3/3/NE/004 Human Biology Student Name: Jessica Wascoe Title of assignment: Question booklet LEARNING OUTCOMES ASSESSMENT CRITERIA Level Achieved The learner will: The learner can: Met (? )/Not Met(x) 5. Understand the nature of growth and reproductive processes 5. 1 explain the role of mitosis and meiosis in growth and reproduction 5. 2 discuss the factors which influence growth and reproduction 5. 3 explain the roles played by cell multiplication, differentiation, reorganisation and maturation in growth and reproduction Yes Yes Yes 6. Understand the role of the body defences 6. 2. Discuss auto-immune diseases and allergies Yes If all learning outcomes are achieved at level 3 the assignment will be graded. For this assignment grading criteria 1 and 7 apply. Descriptor Grade awarded Comment 1. Understanding of the subject Pass Work submitted Jessica shows you have a grasp of the relevant knowledge at a level sufficient for a pass 7. Quality Merit Jessica work demonstrates a very good response to the assignment. Your work is structured in a way that is generally logical and fluent Markers comments: Some areas of feedback given, Jessica, in the question booklet. This identifies areas where improvements could have been made. Remember to read the question carefully and answer it fully. See question 12 – you have not given an example of an allergy