Thursday, November 7, 2019

Disney case Essay Example

Disney case Essay Example Disney case Essay Disney case Essay Executive Summary The Walt Disney company is based in Burbank, California and is a diversified international company. It is well known for its business divisions in entertainment motion picture, TV, consumer products as well as various real estate projects. In 1984, Disney and its subsidiaries posted outstanding results, as consolidated revenue increased by almost 27% to $1. 7 billion and net income increased 5% to $97. 8 million. In addition, Disney has also grown through acquisitions: assets have increased 15% to $2. 7 billion in 1984. In this case, we attempt to solve Disneys dilemma with Tokyo Disneyland. Tokyo Disneyland opened in April 1983 and Disney has been receiving pergola royalty receipts In exchange Tort use AT I TTS Dragon. I en problem Is Tanat Wendell ten royalty receipts are denominated in Yen, the Yen has been experiencing a trend of depreciation, which erodes the receipts values. Disney has begun work with Goldman to figure out the best way to hedge the exposure, as well as to acquire the cheapest cost of financing. Our analysis suggests that Disney should accept the method proposed by Goldman Cash, where it would issue an Echo-denominated bond and then enter into a currency swap. This would lower the cost of borrowing. Details of our analysis are presented in the rest of case. Introduction As indicated previously, the chief problem for Disney is how to hedge its exposure to a depreciating yen, which would decrease the value of the royalty receipts. As indicated in the case, in 1984 the spot Yen/$ rate is 248, which is almost an 8% depreciation from Just a year ago. To make matters worse, the receipts are expected to grow at 10%-20% per year over the next few years, which would further increase Disneys currency risk. There are numerous methods a company can hedge currency sis, such as through FIX forwards, futures and swaps. In particular, we will explore Goldman Cash proposed method way of entering into a foreign currency swap. This would create a Yen liability, which would allow Disney to pay out its Yen receipts and not worry about their depreciating value. Before we discuss the currency swap, lets first walk through all the options Disney has at its disposal. Disneys Options While there are many different methods of hedging, we should look into the cheapest option. We will look into methods such as 1) futures/options, 2) forwards, 3) WAP, 4) bank loan and, finally, 5) the combination of an ICE bond issuance a subsequent Acumen Swap proposed by Goldman Cash. 1) Futures/Options: FIX futures and options are the conventional methods of hedging, since they are market- priced and have high liquidity. The values of these futures and options contracts would theoretically offset gains losses of the Yen royalty receipts and thus hedge currency risk. Unfortunately, according to the case, the liquid options and futures contracts only existed for maturities of two years or less. This would not work out for Disney, which would need hedging for receipts beyond Just two years. 2) Forwards: The other method to hedge would be forwards. Forward options are not exchange- traded and are thus much less liquid. This can be observed via the Bid/Offer chart in the case, which provides rates for Yen Long-Dated FIX Forwards. The liquidity can be seen through the wide Bid-Ask offer spread, especially in longer maturities (e. G. Spot spread is 90 basis points, versus 460 basis points for 5-Year contract). Clearly, Forwards suffer the same liquidity problem as Futures/Options: only short-term trusties have acceptable rates, but Disney needs medium to long term hedges. Not to mention, FIX Forwards would be perceived by banks as risky and thus tie up Disneys credit lines, which are needed for daily operations. 3) Foreign-currency Swap (Swap Only): On the surface, this would work in Disneys favor because it can be customized to cater to Disneys needs (e. G. Longer maturity). Its also a method it has attempted before, in the previous year. Unfortunately, the swap would also only be short-term, since the current Arteriolar debt on Disneys balance sheet all mature in en to four years. Disney also believes that attractive swap rates for maturities less than four years were hard to find in the market. In addition, due to Disneys most recent Arteriolar issuance and high Debt/Equity ratio, Disney could not issue a long- term Arteriolar Dona (ten market would flew It negatively). Not to menthol, a swap would not provide additional funds to Disney, as it would only swap the interest payments. Disney was looking for additional funds to pay down some of its short- term liabilities the swap alone would not accomplish this goal. 4) Bank Loan from Japanese Bank: The other alternative would be to borrow directly from a Japanese bank at its prime rate. This would create a Yen liability, which would be paid using the royalties Disney receives from Tokyo Disneyland. This would rid Walt Disney of its Japanese receipts and hence reduce its exposure to a depreciating Yen. If Walt Disney were to pursue this option, it estimated it could borrow at a rate of 7. 50%, paid semi-annually. This option would not only hedge currency risk, but also provide funds needed to pay down Disneys short-term liabilities. 5) Goldman Cash Method ICE Debt Issuance Acumen Swap: Goldman Cash believes that while a Japanese bank loan could possibly work, an even better option would be an ICE issuance combined with an Client Swap. The ICE proceeds would be converted into dollar to pay off some short-term liabilities, and the swap would allow Disney to create a Yen liability. This would accomplish two objectives: allow Disney to hedge against a depreciating currency as well as provide funds to reduce its debt. We now evaluate this option in more detail. Cost of Funding (Before Swap) The first step in our swap analysis is to find the Quality Spread Differential (SD). Disney should only enter the swap if it provides a benefit to both sides. A positive SD would indicate that the Swap would lower the cost of funding. Our analysis indicated a positive SD of 0. 82%, as shown in Exhibit 1. Here are the details on the specific numbers: Disney (Yen): As indicated in the case, Disney has the option of getting a term loan from a Japanese bank. It can obtain a 15 billion yen 10-year bullet loan at 7. 50% and front-end fees of 0. 75%. The debt cash flow schedule can be seen in Exhibit 2. The cost of yen of 7. 753% takes into account the front-end fee. Disney ECHO): If Disney were to acquire an ICE loan, it would have a cost of 9. 473%. The cash flow schedule (which includes periodic contributions to a sinking fund) is shown in Exhibit 2. Its important to note that the bond trades at a 25 basis point premium. Also, it has a dollar expense of $75,000. These two figures are taken into account when calculating the cost. French Utility (Yen): The French Utility companys debt schedule shows all current outstanding debt. The only Yen debt it has on its balance sheet has a YET of 6. 83%. This would be its cost of debt if it were to borrow Yen. French Utility (ECHO): The same debt schedule shows two ICE bonds one issued in 1982 and the other 1985. We will use the YET of the most recently issued bond of 1985, which has a YET of 9. 37%. Quality Spread Differential As previously stated, our analysis shows a positive SD of 0. 82%, which suggests a Swap would be ideal for both parties to lower borrowing costs. Most of the differential comes from Yen financing, where the difference was 0. 92%, versus 0. 10% for ICE financing. In terms of advantage, it appears that the French Utility company has an absolute advantage when it comes to financing in both currencies. This is because it has a lower cost of financing in both currencies. Disney, on the other hand, has a comparative advantage in ICE financing, since it has less of a disadvantage at 0. 10%. Our chart suggests that Disney should borrow in ICE and the French Utility should borrow in Yen (and subsequently swap the interest payments). This will take advantage AT Don companies comparative advantage Ana lower ten overall cost AT borrowing. Cost of Funding (After Swap) Using the provided swap cash flow schedule in the case, we can calculate the swap cost of funding. The assumption is that the exchange rates are constant: $/ICE f 0. 7420 and Yen/$ of 248. Disney (Yen Swap Cost): Since Disney is borrowing in ICE but paying Yen in the swap, we must first convert the ICE proceeds into Yen (Note: This is for calculation purposes only. In real life, as indicated in the case, Disney would convert the ICE proceeds into Dollars to pay off a portion of its short-term debt). A detailed calculation can be found in Exhibit 3. Once again, its important to note that the bond trades at a 25 basis points premium, has a 2% fee and a $75,000 fee (which must be converted from dollars to yen). This gives us a net Yen amount of 14,445,057,600. Our calculation gives us a yen swap cost of 7. 010%. French Utility (ICE Swap Cost): The French Utility company would be receiving Yen from Disney while paying ECHO. To calculate the cost of paying ECHO, we need to discount the Yen payments and convert it to ICE (again, for calculation purposes only). The resulting total prevent value would be the Year O proceeds. As shown in in Exhibit 3, the Poof the Yen payments is 14. 6 billion, which converts to 79. 296 million ECHO. Using the 79. 296 as the Year O proceeds and the subsequent ICE swap interest payments, we come up with an ICE swap cost of 9. 350%. BIG Fees: To calculate the fees received by BIG for facilitating the swap, we look at the last column in Exhibit 4. To calculate the fees, we took the difference between the ICE received by Disney and the ICE paid out by the French Utility Company. Our calculation shows that BIG will receive 50 million yen from years O to 6, and then decreasing by 10 million yen every year until year 10, when it will receive 10 million yen. Comparison: No Swap vs Yes Swap We review our cost of funding in Exhibit 5. As shown in the chart, it makes sense for Disney to enter the swap, because it would reduce its cost of funding. If Disney uses a swap, it would incur a borrowing cost of 7. 10%, which is 0. 7428% lower than if Disney were to not use a Swap. On the other hand, if the French Utility company uses a swap, it would incur a borrowing cost of 9. 35%, which is 0. 0202% lower than if it were to not use the swap. Our numbers show that the swap helps Disney more than it helps the French Utility company. For Disney, a lower cost of 74 basis points is a lot higher than French Utilitys saving on 2 basis points. Bene fits Liabilities of the Swap From our model, it appears that the swap would work best for Disney. However, there are undoubtedly risks involved with our model as well as the swap. We now discuss in detail some of the risks. Exchange Rate Risk: In our model, we held the exchange rate constant for 10 years: $/ICE at 0. 7420 and Yen/Dollar at 248. However, this is clearly not realistic, as currency fluctuation is bound to occur in the 10 year period. For Disneys purposes, the best situation would be if the Yen continues to depreciate. This would mean that Disney will pay out the same nominal amount, but the value of the payment would be less. Borrowing Cost Risk: In our model, to assess he Quality Differential Spread, we looked at current market rates as indication of future borrowing rates. However, given market fluctuations (e. G. Higher Treasury yields), the borrowing rate rate could very well change by the time of the Swap. This is especially true for Disney: given its string of acquisitions and rapidly increasing Dent to Equity rattle, now would ten market perceive another Dona Issuance? WSDL investors demand higher interest rates to compensate for the risks? Conclusion Based on our analysis, we recommend that Disney should accept the method reposed by Goldman Cash.

Tuesday, November 5, 2019

John Tyler - Tenth President of the United States

John Tyler - Tenth President of the United States John Tyler was born on March 29, 1790 in Virginia. Not much is known about his childhood though he grew up on a plantation in Virginia. His Mother died when he was only seven. At twelve, he entered the College of William and Mary Preparatory School. He graduated from the College proper in 1807. He then studied law and was admitted to the bar in 1809. Family Ties Tylers father, John, was a planter and  supporter of the American Revolution. He was a friend of Thomas Jefferson and politically active. His mother,  Mary Armistead - died when Tyler was seven. He had five sisters and two brothers. On March 29, 1813, Tyler married  Letitia Christian. She served briefly as First Lady before suffering a stroke and dying while he was president. Together she and Tyler had seven children: three sons and four daughters. On June 26, 1844, Tyler married Julia Gardner while he was president. She was 24 while he was 54. Together they had five sons and two daughters.   John Tyler's Career Before the Presidency From 1811-16, 1823-5, and 1838-40, John Tyler was a member of the Virginia House of Delegates. In 1813, he did join the militia but never saw action. In 1816, Tyler was elected to be a U.S. Representative. He strongly opposed every move towards power for the Federal government that he saw as unconstitutional. He eventually resigned. He was Governor of Virginia from 1825-7 until he was elected a U.S. Senator. Becoming President John Tyler was the Vice President under William Henry Harrison in the election of 1840. He was chosen to balance the ticket since he was from the South. He took over upon Harrisons quick demise after only one month in office. He was sworn in on April 6, 1841 and did not have a Vice President because no provisions had been made in the Constitution for one. In fact, many tried to claim that Tyler was actually only Acting President. He fought against this perception and won legitimacy. Events and Accomplishments of John Tyler's Presidency In 1841, John Tylers entire cabinet except for Secretary of State Daniel Webster resigned. This was due to his vetoes of laws creating the Third Bank of the United States. This went against his partys policy. After this point, Tyler had to operate as president without a party behind him. In 1842, Tyler agreed to and Congress ratified the Webster-Ashburton Treaty with Great Britain. This set the boundary between Maine and Canada. The border was agreed upon all the way to Oregon. President Polk would deal in his administration with the Oregon border. 1844 brought the Treaty of Wanghia. According to this treaty, America gained the right to trade in Chinese ports. America also gained the right of extraterritoriality with U.S. citizens were not under the jurisdiction of Chinese law. In 1845, three days before leaving office, John Tyler signed into law the joint resolution allowing for the annexation of Texas. Importantly, the resolution extended 36 degrees 30 minutes as the mark dividing free and slave states through Texas. Post Presidential Period John Tyler did not run for reelection in 1844. He retired to his farm in Virginia and later served as Chancellor of the College of William and Mary. As the Civil War approached, Tyler spoke for secession. He was the only president to join the Confederacy. He died on January 18, 1862 at the age of 71. Historical Significance Tyler was important first of all for setting the precedent of his becoming president as opposed to just Acting President for the rest of his term. He was not able to accomplish much in his administration due to the lack of party support. However, he did sign the annexation of Texas into law. Overall, he is considered to be a sub-par president.

Sunday, November 3, 2019

Film Essay Example | Topics and Well Written Essays - 500 words - 7

Film - Essay Example Claireese Precious Jones a.k.a. Precious (Precious), lives in the ghetto area with her unemployed mother, who only lives off of the government’s welfare assistance. On the other hand Michael Oher (The Blind Side) merely sleeps on the couch of one black maintenance guy who works at Wingate School since he was separated from his mom, who is a drug addict. Both of these main characters are also victims in their respective families – Precious was sexually abused by her father, and physically abused by her mother. Likewise, Michael or â€Å"Big Mike† has been a â€Å"ward of the government† because of his mom’s drug addiction, and her mother doesn’t even know who his father is. In the same way, Precious and Michael started off in the film as aloof or distant from everyone. For Precious, it was due to her mom’s penchant on calling her â€Å"stupid†, and telling her to â€Å"forget that school shit† because school will not give her anything. Her mom repeatedly drilled in Precious’ head the conservative notion that the woman’s existence is only to bear children and take care of the home. Similarly, from Michael’s standpoint, it was because of his fear of getting rejected since he had no family left to run to. Getting accepted into Wingate with the help of a friend was a blessing, but he didn’t want to be a burden to anyone so he isolated himself from most people. Both Precious and Big Mike grew up in environments which were not conducive to learning, hence their illiteracy at their age. The 2 characters are also somehow insecure of their looks because Precious was obese, and Michael was tall and bulky. In both cases, the school acted as a kind of a sanctuary where each of them was able to discover his/her true self-identity and to eventually find hope, new friends and achieve better lives. Precious and Michael were both able to rise above their past and turn over a new leaf. At t he film’s end, both characters are

Friday, November 1, 2019

The Effect of Ethnicity on Our Perception of the World around Us Essay

The Effect of Ethnicity on Our Perception of the World around Us - Essay Example It is therefore fair to say that physical matters aside, none of us are unique in our traits or qualities either. We are the result of the biases and perception of each one of those persons, collected into one big trend, and transmitted into us, which we will in turn transmit to another human. These biases and perceptions in turn affect the biases and perceptions of other such collective individuals, which we come to know as races. As a result, we find it an endless cycle, where our race affects our identity, and our perception of the world around us, and therefore the actions we take in that world. This in turn cements our identity and develops those traits that are the characteristic of our race, and in turn restarting the cycle. The effect of race or ethnicity on our identity and thereby perception of the world around is a theme explored in many of the stories and poems in Sherman Alexie's book, War Dances. As a Native-American himself, he drew out on many of his own experiences o f that fact and incorporated them into providing a personal insight into the unique stories and poems. There are many examples of this in the very first story, Breaking and Entering, where the protagonist of the story finds himself in a fix for killing a young African-American who attempted to break into his house. The effect of ethnicity upon perception is overwhelmingly prevalent throughout the story. For example, when the young man breaks into his house, the protagonist immediately assumes danger. As it is written, 'I didn't think, there's a black teenager stealing from me. I only remembered being afraid and wanting my fear to go away (Alexie, 2009, page10).' Did it make sense to be afraid of a 17 year old boy, who was stealing DVDs from the television rack? The protagonist himself states that he could not have been sure he had been breaking in with the intent to harm. He states that he had no reason to get violent and protective. Not only was his family out of town and therefore there being no one to protect, but also because the young man seemed to pose no certain threat. He had no weapons, he was not being violent. In fact, he entered the house only after making certain, in his view, that there was nobody home. Why then, would it make sense to harm him? Because as the author said, he was afraid. Perhaps if he had been in a white neighborhood and a black teenager had broken in he would have had the sense to talk to the boy. But being white in a prevalently black neighborhood might have played a subconscious role in the man's being afraid, even though it did not consciously cross his mind. Furthermore, when the protagonist ends up killing the boy and investigation is conducted into the crime, he is not charged guilty with anything, as it was a crime of self-defense. This fact, the fact that in their eyes, a white man was acquitted of the murder of a black man, makes it a matter of injustice and inequality in the eyes of the black boy's family. Would a prot est have been conducted if a white man was held innocent in the death of a white boy, under the assumption and likelihood of self-defense? It is unlikely that every death that occurs under the self-defense notion is met with protests, as the law would undoubtedly have been changed if it was. But this murder, because it seemed that a white man, living in a black neighborhood was allowed to walk free, after the death of a 17 year old boy who had no weapons, no criminal record, no intent to

Tuesday, October 29, 2019

Law - Civil Proecdure (Hong Kong) [4 Questions] Essay

Law - Civil Proecdure (Hong Kong) [4 Questions] - Essay Example 2). Ms. Cheung sought to have the proceedings stayed because of fundamental unfairness, stating that the conditions were appropriate to stay the proceedings in the interest of justice (Securities and Futures Ordinance, Cap. 571,  § 253(1(i); Jago v. District Court of New South Wales (1989) 168 CLR 23). In this case, the tribunal relied upon the rules promulgated at this time in Hong Kong Civil Procedure 2008, which states that â€Å"there are two distinct, though related, circumstances in which the action may be dismissed for want of prosecution, namely (a) when a party has been guilty of intentional and contumelious default, and (b) when there has been inordinate and inexcusable delay in the prosecution of the action† (Hong Kong Civil Procedure 2008, order 25, at 25/L/2). ... their death or disappearance are the most usual factors†¦in a case of prolonged culpable delay following long delays in serving of proceedings, the court may readily infer that memories of witnesses has further deteriorated in the period of culpable delay† (Hong Kong Civil Procedure 2008, order 25, at 25/L/7). Thus, the delay must result in the increased risk that the defendant will not have a fair trial on the issues or that serious prejudice will occur to the defendant as the result of the delay, because the witnesses will have decreased memories about the facts regarding the proceedings. The term prejudice has been construed to result when no witness was interviewed at the time the acts that give rise to the proceedings were commenced, so that the witness would have no way of refreshing his or her recollection about the events, or that a witness has since become unavailable because of advanced age or infirmity, and this witness would have been available but-for the inor dinate delay (Hornagold v. Fairclough Building Ltd. [1993] P.L.Q.R. 400). Further, the totality of the delay is not necessarily relevant in adducing prejudice to the defendant, but, rather, that any period of delay during any part of the proceedings would be examined to determine prejudice – therefore, if a proceeding began after a period of delay, then no action was taken thereafter, the court can infer from the delay during the latter part of the proceedings is enough to cause the dimming or memories such that the defendant would be prejudiced by the delay (Roebuck v. Mungovin [1994] 2 AC 224). Further, the defendant did not necessarily need to prove that he or she was prejudiced, and did not have to present to the court any example of a specific example of prejudice, ie, the defendant does

Sunday, October 27, 2019

Improving Effectiveness and Efficiency of Sentiment Analysis

Improving Effectiveness and Efficiency of Sentiment Analysis Modha Jalaj S. Chapter – 1 1. Introduction: Big Data has been created lot of buzz in Information Technology word. Big Data contain large amount of data from various sources like Social Media, News Articles, Blogs, Web, Sensor Data and Medical Records etc. Big Data includes Structured, Semi-Structured and Unstructured data. All these data are very useful to extract the important information for analytics. 1.1 Introduction of Big Data: [26] Big Data is differs for other data in 5 Dimensions such as volume, velocity, variety, and value. [26] Volume: Machine generated data will be large volume of data. Velocity: Social media websites generates large data but not massive. Rate at which data acquired from the social web sites are increasing rapidly. Variety: Different types of data will be generated when a new sensor and new services. Value: Even the unstructured data has some valuable information. So extracting such information from large volume of data is more considerable. Complexity: Connection and correlation of data which describes more about relationship among the data. Big Data include social media, Product reviews, movie reviews, News Article, Blogs etc.. So, to analyze this kind of unstructured data is challenging task. This thing makes Big Data a trending research area in computer Science and sentiment analysis is one of the most important part of this research area. As we have lot of amount of data which is certainly express opinion about the Social issues, events, organization, movies and News which we are considering for sentiment analysis and predict the future trends and effect of certain event on society. We can also modify or make the improve strategy for CRM after analysing the comments or reviews of the customer. This kind analysis is the application of Big Data. 1.2 Introduction of Sentiment Analysis: Big Data is trending research area in computer Science and sentiment analysis is one of the most important part of this research area. Big data is considered as very large amount of data which can be found easily on web, Social media, remote sensing data and medical records etc. in form of structured, semi-structured or unstructured data and we can use these data for sentiment analysis. Sentimental Analysis is all about to get the real voice of people towards specific product, services, organization, movies, news, events, issues and their attributes[1]. Sentiment Analysis includes branches of computer science like Natural Language Processing, Machine Learning, Text Mining and Information Theory and Coding. By using approaches, methods, techniques and models of defined branches, we can categorized our data which is unstructured data may be in form of news articles, blogs, tweets, movie reviews, product reviews etc. into positive, negative or neutral sentiment according to the sentiment is expressed in them. Figure 1.2.1: Sentiment Analysis Sentiment analysis is done on three levels [1] Document Level Sentence Level Entity or Aspect Level. Document Level Sentiment analysis is performed for the whole document and then decide whether the document express positive or negative sentiment. [1] Entity or Aspect Level sentiment analysis performs finer-grained analysis. The goal of entity or aspect level sentiment analysis is to find sentiment on entities and/or aspect of those entities. For example consider a statement â€Å"My HTC Wildfire S phone has good picture quality but it has low phone memory storage.† so sentiment on HTCà ¢Ã¢â€š ¬Ã… ¸s camera and display quality is positive but the sentiment on its phone memory storage is negative. We can generate summery of opinions about entities. Comparative statements are also part of the entity or aspect level sentiment analysis but deal with techniques of comparative sentiment analysis. Sentence level sentiment analysis is related to find sentiment form sentences whether each sentence expressed a positive, negative or neutral sentiment. Sentence level sentiment analysis is closely related to subjectivity classification. Many of the statements about entities are factual in nature and yet they still carry sentiment. Current sentiment analysis approaches express the sentiment of subjective statements and neglect such objective statements that carry sentiment [1]. For Example, â€Å"I bought a Motorola phone two weeks ago. Everything was good initially. The voice was clear and the battery life was long, although it is a bit bulky. Then, it stopped working yesterday. [1]† The first sentence expresses no opinion as it simply states a fact. All other sentences express either explicit or implicit sentiments. The last sentence â€Å"Then, it stopped working yesterday† is objective sentences but current techniques can’t express sentiment for the above specified sentence even though it carry negative sentiment or undesirable sentiment. So I try to solve out the above problematic situation using our approach. [1] The Proposed classification approach handles the subjective as well as objective sentences and generate sentiment form them. 1.3 Objectives: The objective of this research work is to improve the effectiveness and efficiency of classification as well as sentiment analysis because this analysis plays a very important role in analytics application. Till now Sentiment analysis focus on Subjectivity or Subjective sentiment i.e. explicit opinion and get idea about the people sentiment view on particular event, issue and products. Sentiment analysis does not consider objective statements although objective statements carry sentiment i.e. implicit opinion. So here the main objective is to handle subjective sentences as well as objective sentences and give better result of sentiment analysis. Classification of unstructured data and analysis of classified unstructured data are major objectives of me. Practical implementation will be also done by me in the next phase. 1.4 Scope: Scope of this dissertation is described as below. We are considering implicit and explicit opinion so sentiment analysis expected to be improved Analysis of unstructured data gives us important information about people choice and view We are proposed an approach which can be applied for close domain like â€Å"Indian Political news article†, â€Å"Movie Reviews†, â€Å"Stock Market News† and Product Review† so, with the consideration of implicit and explicit opinions we can generate precise view of people so industries can define their strategies. Business and Social Intelligence applications use this sentiment analysis so with this approach it’ll be efficient. Applications: There are so many application of Sentiment Analysis which is used now-a-day to generate predictive analysis for unstructured data. Areas of applications are Social and Business intelligence applications, Product reviews help us to define marketing or production strategies, Movie reviews analysis, News Analysis, Consider political news and comments of people and generate the analysis of election, Predict the effect of specific events or issues on people, Emotional identification of person can be also generated, Find trends in the world Comparative view can also be described for products, movies and events, Improve predictive analysis of return of investment strategies. 1.6 Challenges: There are following challenges which are exists in sentiment analysis are Deal with noisy text in sentiment analysis is difficult. Create SentiWordNet for open domain is challenging task i.e. make a universal SentiWordNet is the Challenging task. When a document discusses several entities, it is crucial to identify the text relevant to each entity. Current accuracy in identifying the relevant text is far from satisfactory.[5] There is a need for better modelling of compositional sentiment. At the sentence level, this means more accurate calculation of the overall sentence sentiment of the sentiment-bearing words, the sentiment shifters, and the sentence structure. [5] There are some approaches that use to identify sarcasm, they are not yet integrated within autonomous sentiment analysis systems.[5]

Friday, October 25, 2019

Adolf Hitler :: essays research papers

Adolf Hitler Adolf Hitler was born on April 20,1889. This was the beginning with horrible plans for power and control of other people.Some of the things that Hitler did throughout his life were very cruel things; first of all, he was a man who loved war and fighting. Second, he was in charge of putting all of the innocent Jews into Concentration Camps and killing them. Third, he wanted one dominate race of all the same kind of people. Fourth, he had a life long obsession with danger. Fifth, he blamed the Jews for the war debt and sentenced them all to die. So as you can see already Hitler was a very cruel person.   Ã‚  Ã‚  Ã‚  Ã‚   The fact that he wanted one dominate race was unbelievably true. First of all, the fact he would kill everyone one way or another that didn’t have blond hair and blue eye and was of German descent, was a frightening fact. The idea of this gives me quite a scare my self, because I have brown hair, and brown eyes and would I have been killed just because I did not Hitlers physical standards. Also Hitler himself did not have blond hair and blue eyes. Next, I don’t think that you should judge anyone by the way they look or what they do; that is very wrong. Hitler’s idea of one dominate race was a very bad one.   Ã‚  Ã‚  Ã‚  Ã‚  Adolf Hitler was born in an Austrian town known as Braunau am Inn. Hitler was the son of a man named Alois. Alois Hitler’s father was a Custom official’s, and his mother was named Klara. Alois was illegitimate, first of all he used his mother’s name, Schicklgruber until 1876, when he adopted the name Hitler. Adolf’s father was very strict with him, and ignored him most of the time because Adolf liked to dream. As you can see Adolf did not idealize his father very much, and his death in 1903 actually came as a relief to Adolf. Adolf really idealized his mother, whose death in 1907 had a traumatic effect on him. So as you can see Adolf lead a very mixed up childhood.   Ã‚  Ã‚  Ã‚  Ã‚  As Hitler grew up, he failed as a student in the classical secondary schools. This led Hitler to new opportunities, for instance his desire to become an artist. Adolf tried to pursue this dream but, was unable to attain admission to the Academy of Fine Arts. Since he was unable to do anything, he lead a shadowy, alienated existence in multicultural Vienna until 1913. Hitler was described as living his life in melancholy, aimlessness, and racial hatred.