Notes, summaries, assignments, exams, and problems for Language

Options and Futures Contracts Fundamentals

Options vs. Futures Contracts: Key Differences

• Option Buyer: Has the right, but not the obligation, to transact. The buyer can abandon the option if desired. The option premium paid is the maximum financial exposure.
• Futures Contract Buyer: Cannot abandon the contract. The buyer is obligated to transact, leading to theoretically unlimited exposure.

Types of Options

• European Options: Can be exercised only at the expiration date.
• American Options: Can be exercised at any time up to the expiration date.

Call Options Defined

A Call Option gives the holder the right, but not the obligation, to buy a given quantity of an asset on or before some time in the future, at prices agreed upon today (the strike price, $... Continue reading "Options Trading Basics: Definitions, Payoffs, and Sensitivity Factors" »

A value is an organized pattern. FALSE

A characteristic of a low-context culture is that messages are explicit and specific. TRUE

A few years ago, Philips Electronics developed a new consumer product. Innovators bought it, but early adopters didn't. FALSE

A massive effort was dubbed the "Moses Project" to prevent flooding. TRUE

A number of authors, journalists, and food critics have a sense of shame. TRUE

A vice-president of an American software company noted that customs, hierarchies, and the class structure of Korean culture have to be respected. TRUE

According to Geert Hofstede, which of the following is a key cultural dimension? Long-term orientation

According to Hofstede's research on cultural values, aesthetic elements are not a key dimension.... Continue reading "Global Marketing Insights: Cultural Nuances and Business Success" »

Dotadots

Reading

1. False "They are easily transportable and difficult to trace."
2. True "By checking an online register, police are able to identify owners of the stolen items once they have been recovered."
3. False "Identification numbers are not new."
4. False "One particular product."

Lexicon

• possess --- own
• moveable --- transportable
• decreased --- fallen
• lifeless --- inanimate

Phonetics

1. personal, permanent
2. mobile
3. developed

Use of English

1. "My iPod was stolen last night," Sue said.
   Sue said that her iPod had been stolen the night before/the previous night.
2. The dots can even be incorporated into thread.
   It is even possible to incorporate the dots into thread. / For the dots to be incorporated into thread.
3. Car theft in Australia has fallen dramatically.
   There has been a

Total Physical Response (TPR)

TPR stands for Total Physical Response. It is based on the coordination of language and physical movement. In TPR, instructors give commands to students in the target language, and students respond with whole-body actions. Therefore, grammar isn't taught explicitly but can be learned from the language input. TPR is a good way to learn vocabulary, especially idiomatic terms. For example: "Put your hands up."

Content and Language Integrated Learning (CLIL)

CLIL stands for Content and Language Integrated Learning. It consists of learning content through an additional language, by teaching both the subject and the language. The idea is to use the language as the medium of instruction. It provides exposure to the language... Continue reading "Effective Language Learning Methods and Classroom Analysis" »

Entrepreneurship

An entrepreneur is a person who pursues an opportunity, often commercially driven, to bring a new product or service to market with limited resources and high risk. The process of creating a new business is entrepreneurship, also defined as organizing limited resources to capitalize on a business opportunity.

Characteristics of Entrepreneurs

Curious, flexible and adaptable, persistent, passionate, willing to learn, visionary, motivated.

Types of Entrepreneurs

• Intrapreneur: An employee who is tasked with developing an innovative idea or project within a company, with a bit less freedom and higher risk.
• Social Entrepreneur: Interested in starting a business for the greater social good and not just the pursuit of profits.
• Scalable Startup

Getting Around Tokyo & Kyoto

Understanding Tokyo's Address System

While you can often plug in your destination's name into a map, understanding Tokyo's address system can be incredibly helpful. Tokyo is divided into "cities" (e.g., Chuo-ku, Shinjuku-ku), which are further divided into neighborhoods and then smaller numbered districts called "chome." An address typically consists of a word followed by three numbers.

Thankfully, maps are readily available at train stations and on main thoroughfares. These maps, along with numbered lampposts, can help you navigate. However, be prepared for a bit of a challenge, as building numbers are assigned based on their construction order, not consecutively.

Tips for Navigating Tokyo's Streets

Tokyo can be

Essential Boating Safety Checklist

Before Fueling Your Boat:

• Dock boat securely.
• Passengers disembark.
• Check fuel lines and vents.
• Shut off engine.
• Shut off all fuel valves.
• Close windows and doors.
• After fueling, turn on ventilation system for 4 minutes.

Navigation Rules and Guidelines

Right of Way:

• Starboard: Refers to the right side of the boat.
• Power vs. Power: Both vessels keep to the right.
• Power vs. Sail: Power-driven vessel gives way to the sailing vessel.
• Crossing Situations (Power vs. Power): The vessel on the operator's left gives way.
• Overtaking: The vessel overtaking another is the give-way vessel.

Understanding Navigation Lights

• Nighttime: Red light indicates the left side of the vessel.
• Masthead Light: White light on all power-driven vessels.
• Only