Functions and Roles of the Financial System in the Global Economy
角色作用职能英语作文
角色作用职能英语作文Title: Roles and Functions of Characters in English Composition。
In any narrative, each character serves a specific role and function within the storyline. These roles areessential for driving the plot forward, creating conflict, and engaging the audience. Let's explore the various roles characters can play and their functions in English composition.1. Protagonist: The protagonist is the central character of the story, often the hero or heroine. They drive the narrative forward and typically undergo some form of transformation or growth throughout the story. Their primary function is to engage the audience and elicit empathy or support.2. Antagonist: The antagonist opposes the protagonist, creating conflict and obstacles for them to overcome. Theymay have conflicting goals or values, serving as a foil to the protagonist. The antagonist's function is to challenge the protagonist and drive the conflict, ultimately leading to the resolution of the story.3. Supporting Characters: Supporting characters provide depth and complexity to the narrative. They may offer guidance, friendship, or opposition to the protagonist, influencing their decisions and actions. These characters help to flesh out the world of the story and contribute to its realism.4. Foil Characters: Foil characters contrast with the protagonist, highlighting their strengths, weaknesses, or differences. By juxtaposing these characters, the author can underscore important themes or character traits. Foils serve to enhance the audience's understanding of the protagonist and contribute to character development.5. Comic Relief Characters: Comic relief characters provide humor and levity within the story. Their functionis to break tension, lighten the mood, and provide amomentary reprieve from the main plot. While their role may seem secondary, comic relief characters play an important part in maintaining the audience's interest and engagement.6. Symbolic Characters: Symbolic characters represent abstract ideas, themes, or concepts within the story. They may not have a direct impact on the plot but serve a symbolic function, conveying deeper meaning or commentary. Symbolic characters add layers of complexity to the narrative and invite readers to interpret their significance.7. Dynamic vs. Static Characters: Dynamic characters undergo significant change or growth over the course of the story, while static characters remain relatively unchanged. Both types of characters serve important functions: dynamic characters drive character-driven narratives, while static characters provide stability and contrast.8. Round vs. Flat Characters: Round characters are complex and multi-dimensional, exhibiting a range of traits and motivations. In contrast, flat characters are more one-dimensional, defined by a single trait or characteristic. Round characters are crucial for creating depth and realism, while flat characters may serve specific narrative purposes or archetypal roles.In conclusion, the roles and functions of characters in English composition are diverse and essential for crafting compelling narratives. Each character contributes uniquelyto the storyline, whether by driving the plot forward, creating conflict, or providing depth and complexity. By understanding these roles, writers can effectively develop their characters and engage their audience in meaningful storytelling.。
The Analysis of Financial Markets
The Analysis of Financial Markets Financial markets are one of the most crucial aspects of the global economy, as they provide a platform for investors to buy and sell securities, currencies, and commodities. The analysis of financial markets is a complex task that requires a deep understanding of economic and financial concepts, as well as a comprehensive knowledge of the global economic landscape. In this essay, I will discuss the importance of financial markets, the different types of financial markets, the factors that influence financial markets, and the tools used to analyze financial markets. The importance of financial markets cannot be overstated, as they play a critical role in the allocation of capital and the pricing of assets. Financial markets enable businesses and governments to raise capital by issuing securities, such as stocks and bonds, which are then bought by investors. This capital can be used to fund new projects, expand operations, or pay off debts. Financial markets also provide a platform for individuals and institutions to invest their savings, earn returns, and build wealth over time. In addition, financial markets facilitate the transfer of risk from those who are not willing to bear it to those who are willing to do so. There are several types of financial markets, each with its unique characteristics and functions. The stock market is perhaps the most well-known financial market, where companies issue shares that can be bought and sold by investors. The bond market is another important financial market, where governments and corporations issue bonds to raise capital. The foreign exchange market is a global market where currencies are bought and sold. The commodities market is where raw materials such as gold, oil, and wheat are traded. Finally, the derivatives market is where financial instruments such as options and futures are traded. Several factors influence financial markets, including economic indicators, geopolitical events, and market sentiment. Economic indicators such as GDP growth, inflation, and unemployment rates can have a significant impact on financial markets. For example, if the GDP growth rate is high, investors may be more optimistic about the future prospects of the economy and may be more willing to invest in the stock market. On the other hand, if the unemployment rate is high, investors may be more cautious and may prefer to invest in safer assets such as bonds. Geopolitical events such as wars,natural disasters, and political instability can also affect financial markets.For instance, if there is a war in the Middle East, the price of oil may increase, which could have a ripple effect on the global economy. Finally, market sentiment, which refers to the overall mood of investors, can influence financial markets. If investors are optimistic, they may be more willing to take risks and invest in riskier assets such as stocks. Conversely, if investors are pessimistic, they may prefer to invest in safer assets such as bonds. To analyze financial markets, analysts use a variety of tools such as technical analysis, fundamental analysis, and quantitative analysis. Technical analysis involves studying charts and graphs to identify patterns and trends in the market. This type of analysis is based on the belief that past market behavior can predict future market behavior. Fundamental analysis, on the other hand, involves analyzing economic and financial data to determine the intrinsic value of a security. This type of analysis is based on the belief that the market is not always efficient and that there may be opportunities to buy undervalued securities. Finally, quantitative analysis involves using mathematical models and statistical techniques to analyze financial data. This type of analysis is often used by institutional investors such as hedge funds and pension funds. In conclusion, the analysis of financial markets is a complex task that requires a deep understanding of economic and financial concepts, as well as a comprehensive knowledge of the global economic landscape. Financial markets are essential to the functioning of the global economy, as they provide a platform for investors to buy and sell securities, currencies, and commodities. There are several types of financial markets, each with its unique characteristics and functions. Several factors influence financial markets, including economic indicators, geopolitical events, and market sentiment. Finally, analysts use a variety of tools such as technical analysis, fundamental analysis, andquantitative analysis to analyze financial markets.。
完善的财务制度英文
完善的财务制度英文I. IntroductionA well-established financial system is crucial for the success of any organization. A robust financial system helps in the efficient management of resources, tracking of financial transactions, and ensuring compliance with laws and regulations. This document outlines the key components of our organization's financial system, the roles and responsibilities of various stakeholders, and the procedures and policies that govern financial operations.II. Organizational StructureOur organization's financial system is overseen by the finance department, which is headed by the Chief Financial Officer (CFO). The finance department is divided into several sub-departments, each responsible for specific financial functions such as accounting, budgeting, financial planning, and risk management. The CFO reports directly to the CEO and is responsible for overseeing all financial operations and providing strategic financial guidance to the executive team.III. Budgeting and Financial PlanningA key component of our financial system is the annual budgeting process. The CFO, in collaboration with department heads, prepares a detailed budget that outlines the organization's revenue and expenses for the upcoming fiscal year. The budget is reviewed and approved by the board of directors before being implemented. Throughout the year, the finance department monitors actual financial performance against budgeted targets and provides regular updates to the board and management team.IV. Accounting and Financial ReportingThe accounting department is responsible for recording all financial transactions, preparing financial statements, and ensuring compliance with accounting standards and regulations. The department is headed by the Chief Accountant, who oversees a team of accountants and bookkeepers. The accounting department maintains accurate and up-to-date financial records, including income statements, balance sheets, and cash flow statements. Financial reports are generated on a monthly, quarterly, and annual basis and are distributed to the board, management team, and other stakeholders.V. Internal Controls and Risk ManagementTo safeguard the organization's assets and ensure the integrity of financial operations, the finance department implements robust internal controls and risk management processes. These include segregation of duties, regular audits, and compliance checks. The risk management team identifies and addresses potential financial risks, such as fraud, market fluctuations, and regulatory changes. The CFO works closely with the risk managementteam to develop strategies to mitigate risks and safeguard the organization's financial health.VI. Procurement and Vendor ManagementThe finance department is responsible for managing the organization's procurement process and vendor relationships. All purchases and contracts must adhere to established procurement policies and procedures. The finance department conducts regular vendor reviews to assess performance, ensure compliance with contract terms, and identify opportunities for cost savings. Vendor payments are processed in a timely manner, and the finance department maintains accurate records of all procurement activities.VII. Compliance and Regulatory ReportingCompliance with laws and regulations is a top priority for our organization. The finance department ensures that all financial operations are conducted in accordance with applicable laws, accounting standards, and regulatory requirements. The CFO stays abreast of changes in regulations and ensures that the organization remains in compliance. Regulatory reports, such as tax filings and financial disclosures, are prepared and submitted in a timely manner to regulatory authorities.VIII. Training and DevelopmentTo ensure the success of our financial system, the finance department invests in training and development programs for staff members. Training sessions are conducted on financial policies and procedures, accounting standards, and emerging trends in finance. The finance team is encouraged to pursue professional certifications and undergo continuous education to enhance their skills and knowledge.IX. Technology and AutomationOur organization leverages technology and automation to streamline financial processes and enhance efficiency. The finance department uses accounting software to record transactions, generate reports, and track financial performance. Automated workflows and approval processes are implemented to reduce manual errors and ensure compliance with internal controls. The CFO explores opportunities to integrate new technologies, such as artificial intelligence and blockchain, to further enhance the organization's financial system.X. ConclusionA well-functioning financial system is the backbone of any successful organization. Our organization's financial system is designed to promote transparency, accountability, and efficiency in financial operations. By implementing robust policies and procedures, investing in training and development, and leveraging technology, we are able to effectively manage resources, mitigate risks, and achieve our financial goals. The finance department plays a critical role in ensuring the organization's financial health and sustainability. With a strong financial system in place, our organization is well-positioned for long-term success.。
主题商店的功能和作用英语作文
主题商店的功能和作用英语作文Alright, here's an essay on the functions and roles of a theme store in English, following the given instructions:Let's dive straight into the world of theme stores! You know, those magical places where you can find all sorts of themes for your phone, tablet, or even your computer's desktop.First up, a theme store is like a one-stop shop for customizing your devices. Whether you're looking for a nature-inspired theme or something futuristic, you'll find it all here. The variety is endless, and it's just so easy to switch between themes whenever you feel like it.And then, there's the personalization aspect. A theme store lets you express yourself through your devices. Your choice of theme says a lot about who you are and what you like. It's like dressing up your phone or computer in a way that reflects your style.But it's not just about looks. Some themes come with extra features and functions too. Like, maybe you want a theme that includes a built-in weather widget or a calendar shortcut. A theme store has all sorts of options, so you can find the perfect one that suits your needs.And last but not least, a theme store is a community hub. You can see what other people are using and get inspiration for new themes. It's a great way to discover new trends and stay up-to-date with the latest and greatest in the world of customization.So in a nutshell.。
罗宾斯管理学第十四版——课件_ppt_01
Exhibit 1-8 Changes Facing Managers
Exhibit 1-8 shows some of the most important changes facing managers.
Types of Roles
• Interpersonal – Figurehead, leader, liaison
• Informational – Monitor, disseminator, spokesperson
• Decisional – Entrepreneur, disturbance handler, resource allocator, negotiator
Copyright © 2018 Pearson Education, Ltd. All Rights Reserved
Exhibit 1-1 Levels of Management
Exhibit 1-1 shows that in traditionally structured organizations, managers can be classified as first-line, middle, or top.
Exhibit 1-2 Characteristics of Organizations
Exhibit 1-2 shows the three common characteristics of organizations: distinct purpose, deliberate structure, and people.
Copyright © 2018 Pearson Education, Ltd. All Rights Reserved
The Goals and Functions of Financial Management
• Finance links economic theory with the numbers of accounting
1-3
Modern Issues in Finance
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Sole Proprietorship
• Represents single-person ownership • Advantages:
– Simplicity of decision-making – Low organizational and operational costs
• Drawbacks
– Allocate funds to current and fixed assets – Obtain the best mix of financing alternatives – Develop an appropriate dividend policy within the context of the firm’s objectives
− Easy divisibility of ownership interest by issuing shares of stock
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Corporation (cont’d)
• Disadvantage:
– The potential of double taxation of earnings
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Social Responsibility
• Adopting policies that:
– Maximize values in the market – Attracts capital – Provides employment – Offers benefits to the society
机器人的功能和作用英语翻译
机器人的功能和作用英语翻译Robots have become an integral part of our daily lives, and their functionality and utility are increasingly being recognized in various fields. This document explores the functions and roles of robots in different aspects of society.Industrial ApplicationsOne of the primary functions of robots is in industrial applications. Robots are used in manufacturing processes to perform tasks that are repetitive, dangerous, or require high precision. They can work continuously without fatigue and help improve efficiency and productivity in industries such as automotive, electronics, and food processing.Medical FieldIn the medical field, robots play a crucial role in assisting surgeons during complex procedures. Surgical robots can perform minimally invasive surgeries with greater precision, reducing the risk of complications and shortening recovery times. Robots are also used in rehabilitation therapy to assist patients in regaining mobility and strength.Household ChoresRobots are increasingly being used to perform household chores such as vacuuming, mopping, and lawn mowing. These robots help save time and effort for homeowners and provide convenience in managing daily tasks. Smart home devices integrated with robotic technology can automate various functions within the household.Exploration and ResearchRobots are extensively used in exploration and research activities in various environments that are hazardous or inaccessible to humans. For instance, robots are deployed in space exploration missions to gather data on distant planets and moons. They are also used in ocean exploration to study underwater ecosystems and map the seafloor.Customer ServiceRobots are being deployed in customer service roles in sectors such as hospitality, retail, and healthcare. They can interact with customers, provide information, and assist with basic inquiries. This automated service helps in reducing wait times and improving customer satisfaction.ConclusionIn conclusion, robots have a wide range of functions and applications across different sectors, enhancing efficiency, safety, and productivity. As technology continues to advance, the capabilities of robots are expected to grow, making them indispensable in various aspects of society. The future holds exciting possibilities for the role of robots in shaping the world we live in.。
管理学 第一章习题(答案)
1) Time should be considered a(n) ________ resource.A) abundantB) diminishingC) limitedD) renewableAnswer: CDiff: 2AACSB: Analytical thinkingLearning Obj: LO 1.1: Tell who managers are and where they work; Know how to manage your timeClassification: Concept2) In today's workplace, ________.A) women are more likely than men to be promoted into managementB) many employees perform work that in the past was considered managerial activitiesC) women tend to be more effective supervisors than menD) most organizations have eliminated the title of managerAnswer: BDiff: 2AACSB: Reflective thinkingLearning Obj: LO 1.1: Tell who managers are and where they work; Know how to manage your timeClassification: Concept3) An individual who works with and through other people by coordinating their work activities in order to accomplish organizational goals is ________.A) an assembly line workerB) a laborerC) a managerD) a salespersonAnswer: CDiff: 1AACSB: Reflective thinking4) The organizational chart shows titles such as front-line manager, plant manager, and vice president of operations. It is very likely this organization has a ________.A) traditional committee structureB) traditional pyramid structureC) modern matrix structureD) flexible structureAnswer: BDiff: 2AACSB: Analytical thinking; Application of knowledgeLearning Obj: LO 1.1: Tell who managers are and where they work; Know how to manage your timeClassification: Application5) First-line managers are typically those who ________.A) perform the same work as the people they manage but earn more moneyB) are typically involved with producing the organization's products or providing its serviceC) are at the top of the organizational chartD) are the first persons new hires meetAnswer: BDiff: 2AACSB: Application of knowledge6) Supervisor is another name for ________.A) team leaderB) middle managerC) first-line managerD) top managerAnswer: CDiff: 2AACSB: Reflective thinkingLearning Obj: LO 1.1: Tell who managers are and where they work; Know how to manage your timeClassification: Concept7) Kelly, a production supervisor, is responsible for ten employees who assemble components into a finished product. Kelly is a ________.A) top managerB) nonmanagerial employeeC) middle managerD) first-line managerAnswer: DDiff: 1AACSB: Analytical thinking; Application of knowledge8) ________ are responsible for making organization-wide decisions and establishing the plans and goals that affect the entire organization.A) Middle managersB) Top managersC) Production managersD) Research managersAnswer: B9) ________ have titles such as executive vice president, chief operating officer, and chief executive officer.A) SupervisorsB) Middle managersC) First-line managersD) Top managersAnswer: D10) Blue Fin and ChrisCraft, two boat manufacturers, have merged. Top managers now must decide how the work will be divided and who will do what work. Such an arrangement makes up a(n) ________.A) strategic partnershipB) coalitionC) organizationD) affinity groupAnswer: CDiff: 2AACSB: Analytical thinking; Application of knowledgeLearning Obj: LO 1.1: Tell who managers are and where they work; Know how to manage your timeClassification: Application11) A manager must coordinate and oversee the work of other people so that organizational goals can be accomplished.Answer: TRUEDiff: 1AACSB: Reflective thinkingLearning Obj: LO 1.1: Tell who managers are and where they work; Know how to manage your timeClassification: Concept12) Middle managers are responsible for making organization-wide decisions and establishing the plans and goals that affect the entire organization.Answer: FALSEDiff: 2AACSB: Reflective thinkingLearning Obj: LO 1.1: Tell who managers are and where they work; Know how to manage your timeClassification: Concept13) Mark is vice president of finance. At his level of management, he is more likely to use the role of ________ than ________.A) leader; disseminatorB) spokesperson; negotiatorC) figurehead; liaisonD) disseminator; leaderAnswer: D14) Connie has an idea for a new product she would like to produce and market. Mintzberg would consider the activities necessary to form and launch her company to be part of the ________ role.A) planningB) resource allocatorC) negotiatorD) entrepreneurAnswer: DDiff: 3AACSB: Analytical thinking; Application of knowledgeLearning Obj: LO 1.3: Describe the functions, roles, and skills of managers Classification: Application15) Technical skills include ________.A) experience gained by experiments that are used in performing managerial tasksB) job specific knowledge needed to proficiently perform work tasksC) the ability to work well with individuals and groupsD) skills managers use to think and to conceptualize about abstract and complex situationsAnswer: B16) When Paul manages the employees who produce the product, he is utilizing his ________.A) conceptual skillsB) disseminator skillsC) technical skillsD) interpersonal skillsAnswer: CDiff: 317) ________ skills involve the ability to work well with other people, both individually and in a group.A) TechnicalB) AssessmentC) PlanningD) InterpersonalAnswer: DDiff: 1AACSB: Reflective thinkingLearning Obj: LO 1.3: Describe the functions, roles, and skills of managers Classification: Concept18) When Sam Walton visited his Walmart stores, he would often lead the employees in cheers and give inspiring speeches. Sam knew the importance of ________ skills.A) decisionalB) technicalC) interpersonalD) conceptualAnswer: CDiff: 3AACSB: Analytical thinking; Application of knowledgeLearning Obj: LO 1.3: Describe the functions, roles, and skills of managers Classification: Application19) Effectiveness refers to getting the most output from the least amount of input. Answer: FALSEDiff: 2AACSB: Reflective thinkingLearning Obj: LO 1.3: Describe the functions, roles, and skills of managers Classification: Concept20) The four contemporary functions of management are planning, organizing, commanding, and controlling.Answer: FALSEDiff: 2AACSB: Reflective thinkingLearning Obj: LO 1.3: Describe the functions, roles, and skills of managers Classification: Concept。
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2003 by The McGraw-Hill Companies, Inc. All rights reserved.
1 - 14
Functions Performed by the Global Financial System and the Financial Markets
Savings function. The global system of financial markets and institutions provides a conduit for the public’s savings.
The global economy generates a flow of production in return for a flow of payments.
The circular flow of production and income is interdependent and never ending.
governments)
Flow of loanable funds (savings)
Flow of financial services, incomes, and
financial claims
Suppliers of funds (mainly
households)
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2003 by The McGraw-Hill Companies, Inc. All rights reserved.
1-8
The Role of Markets in the Global Economic System
In most economies around the world, markets carry out the complex task of allocating resources and producing goods and services.
Factor markets
2003 by The McGraw-Hill Companies, Inc. All rights reserved.
1 - 12
The Financial Markets and the Financial System: Channel for Savings and Investment
The marketplace determines what goods and services will be produced and in what quantities through their prices.
Markets also distribute income by rewarding superior producers with increased profits, higher wages, and other economic benefits.
The factor markets allocate the factors of production to the owners of productive resources.
Consuming units use most of their income from factor markets to purchase goods and services in product markets.
Labor and managerial
skills
Capital equipment
Flow of production Flow of payments
Goods and services sold to the public
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2003 by The McGraw-Hill Companies, Inc. All rights reserved.
firms and governments)
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Financial markets
Flow of funds (savings)
Flow of financial services, income, and
financial claims
Consuming units (mainly households)
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2003 by The McGraw-Hill Companies, Inc. All rights reserved.
1-6
Flows within the Global Economic System
Land and other natural
resources
McGraw Hill / Irwin
2003 by The McGraw-Hill Companies, Inc. All rights reserved.
1-9
Types of Markets
There are essentially three types of markets within the global economic system.
Eighth Edition
Peter S. Rose
McGraw Hill / Irwin
Slides by Yee-Tien (Ted) Fu
1-2
Learning Objectives
To understand the functions performed and the roles played by the system of financial markets and institutions in the global economy.
The financial markets make possible the exchange of current income for future income and the transformation of savings into investment so that production, employment, and income can grow.
The suppliers of funds to the financial system can expect not only to recover their original funds but also to earn additional income as a reward for waiting and for assuming risk.
McGraw ห้องสมุดไป่ตู้ill / Irwin
2003 by The McGraw-Hill Companies, Inc. All rights reserved.
1-5
Flows within the Global Economic System
The basic function of the economic system is to allocate scarce resources – land, labor, management skill, and capital – to produce the goods and services needed by society.
1-7
Flows within the Global Economic System
Producing units (mainly business firms
and governments)
Consuming units (mainly households)
McGraw Hill / Irwin
To explore several key terms and concepts of the money and capital markets.
To discover how important the financial system is in increasing our standard of living, generating new jobs, and building our savings to meet tomorrow’s financial needs.
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2003 by The McGraw-Hill Companies, Inc. All rights reserved.
1-4
Introduction
The primary task of the financial system is to move scarce loanable funds from those who save to those who borrow to buy goods and services and to make investments in new equipment and facilities, so that the global economy can grow and the standard of living can increase.
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2003 by The McGraw-Hill Companies, Inc. All rights reserved.
1 - 10
Types of Markets
The financial markets channel savings to those individuals and institutions needing more funds for spending than are provided by their current incomes.