Research Paper on Snowboarding

Research Paper on Snowboarding Snowboarding is a relatively new winter sport, at least in comparison to skiing that has evolved from the activity done by northern peoples for thousands of years. It, however, grows even more popular and is very likely to become more wide-spread than its natural predecessor, skiing. Nevertheless, it is somewhat less accessible, for in order to truly see and feel what it is to be snowboarding, one has to go to the mountains, while skiing can be done on the flat surface as well. The first snowboard was created in 1964 by Shervin Popper, who was inspired by seeing his daughter trying to slide down the hill while standing on a sled. He made a crude construction of two pairs of skis, gave it to her daughter, and after a demonstration all the local children wanted to have something of this kind as well. The first snowboard ever was a tremendous success in that neighborhood. In the course of the following decades a number of different people who had nothing to do with each other started to produce similar contrivances, sometimes on a mass scale. Still, it wasn’t until the early eighties, when the snowboard started to make appearances in a number of sports’ magazines and on TV in the USA and Canada. However, the major public still treated snowboarding as somewhat too peculiar to be considered seriously. Since then, however, it gained popularity steadily and was accepted in many sets of winter sports, becoming an integral part of any winter competition. Nowadays, it is equally liked and

Premier Fitness Ethics Assignment Free Essays

Ethics Assignment Premier Fitness The actions in question regarding Premier Fitness Clubs were proven to be misleading and in violation of the competition act as well as the basic consumerism trend that has aimed to empower consumers and increase their rights. In their quest to meet the firm’s profit oriented objectives, objectives of being economically usefull, and to earn enough profit to survive, Premier Fitness seemingly decided that they could forgo the objective of being socially useful. Misleading/false advertising and marketing was employed that drastically reduced or eliminated social usefulness by underhandedly convincing customers to enter contracts with the fitness club that resulted in materially higher fees, undisclosed costs, and high total net costs than the advertising would lead their customers to believe. We will write a custom essay sample on Premier Fitness Ethics Assignment or any similar topic only for you Order Now Information was not adequately disclosed to portray the true costs associated with gym membership and cancellation of membership was found to be excessively difficult. Premier Fitness also was found to be withdrawing money from cancelled customer accounts which is also unethical behavior on their part. It is ironic that focusing on profit oriented objectives and the resulting unethical activity lead to the payment of a $200,000 fine by Premier Fitness for their unethical actions. Social usefulness was sacrificed by producing misleading advertisements that would lead customers to come to incorrect conclusions regarding total fees. This action violates the competition act and gave Premier Fitness and unethical advantage over their direct competition in the competitive business of fitness establishments. The competition act is structured to limit monopolistic behavior that could be damaging to smaller competitors and protect consumers, and by violating it, Premier Fitness could have negatively affected the competition in an unethical fashion as well as harmed consumers who ended up suffering greater financial losses than they had expected based on the advertising that they would have thought they fully understood. Premier Fitness’ false/misleading advertising and marketing would have left customers to believe that Premier Fitness was giving lower prices than the competition, which was not necessarily the case. Customers would therefore wrongly choose Premier Fitness’ services over those of the competition based on the superior price-point that Superior Fitness was seemingly offering. The result is that Premier Fitness’ acts harmed both the customers themselves as well as the competition that was advertising in a more ethical manor and losing business to Premier because of it. Advertising produced by Premier Fitness was misleading in that it violated many of the ‘do’s and don’ts’ of advertising. For example, using of fine print that was excessively small and possibly not legible. The impression created by the ad was much different than what the fine print conveyed. Also, not all material information was disclosed in all advertising, as some information was strategically left out of some advertisements. Premier’s misleading advertising and fine-print resulted in the charging of higher prices when multiple prices were appearing on their advertised product. With the misleading nature of the advertisements, customers were seemingly charged above the advertised price. The result of legal actions taken against Premier Fitness has undoubtedly affected their reputation considerably. Wide-spread negative publicity toward the company has unquestionably had a negative impact on the company’s operations. Websites designed to promote consumerism are a breeding grounds for the spreading of negative publicity towards unethical business operation. Although Premier continues to operate and has been in business for many years, it is conceivable that their reputation has been tarnished in a way that offsets any financial gains obtained through their unethical actions. Lost business due to poor reputation could easily have negatively impacted their financial objectives far more than gains achieved through misleading and false advertising. In order to fully recover from the negative effects on reputation that this incident has caused, Premier Fitness may benefit from re-aligning its objectives towards more of a customer oriented focus. Its marketing objectives must also be evaluation in order to be in line with such changes in the focus of the company objectives since marketing objectives often go hand-in-hand with company objectives. It is clear by the results observed in this case that Premier Fitness should have paid closer attention to the legal environment. Closer attention would have yielded the knowledge and understanding of the laws that inevitably were broken and could have guided Premier in a more ethical direction that would have bypassed the requirement for legal action and all the following negative publicity and financial ramifications that have haunted Premier Fitness thereafter. How to cite Premier Fitness Ethics Assignment, Essay examples

Laser Ultrasonic Testing for Multifarious- myassignmenthelp.com

Question: Discuss about theLaser Ultrasonic Testing for Multifarious Applications. Answer: In the field of mechanical engineering, many new technologies continue to be introduced by experts and researchers in the field, and thus increasing the possibilities of mechanical engineering and its applications to the world. One such technology is the laser ultrasonic technology used in the testing of different materials applicable in the aviation and the automotive world, as has been embraced by the innovations team at Airbus. This technology incorporates the optical capabilities of laser beams into ultrasonic investigations , so as to enable the technicians at Airbus to identify defects in different material and thus their applicability for the purpose they are used. Laser ultrasonic testing enables to non-destructive testing on the composite parts of aircrafts produced at Airbus by using high speed systems that enable the material to be examined for defects on the surface of the part(Blouin, et al., 2004). Combining the benefits of ultrasonic testing and the benefits of optical capabilities such as the laser beams, the effectiveness of the testing is increased as the testing technology is able to test defects in different materials. The technology works through the laser beam generating ultrasounds within the part being investigated during the testing process. The ultrasound is propagated through the part and out to an observation part which identifies any defects within the material or the part(Penney, 2006). The propagated ultrasound is directed to a detection laser that is sensitive to the vibration of the ultrasound as it travels within the part and these vibrations are used to identify the solid parts within the part and the hollow parts wh ich pose as defects in the part or the material. Any defects inside the part an thus be easily observed by looking at differences in the vibrations of the ultrasonic propagations, making it easy for defects within the material to also be identified without having to destroy the part (ARRTIC, 2017). This technology, being a non-destructive technology of testing, allows the materials to be tested for defects and thus their applicability for use in the field without having to cut up the part (Krautkrammer Krautkrammer, 2013). This is advantageous because regardless of the parts being made from the same material, the same material, any defects within each and every part can be tested within a matter of minutes and the applicability of the part for use be identified. Mr. Campagne in the video mentions that the laser ultrasonic tool is an easy implementation, as the laser ultrasonic testing required the beam to be propagated through the part and a diagrammatic image is portrayed for the observers who are able to tell the types of defects within the part. It also takes a short time to identify these defects and thus the technology makes investigating parts for both the aviation and the automotive industry very simple. Due to the fact that the technology utilizes optical capabilities of laser, the technology is applicable for testing parts and materials of different shapes and sizes, as the testing process only requires the laser beam to scan the surface of the part being investigated. This means that all manner of parts whether solid, hollow, or even curved can easily be scanned in a matter of minutes and this makes the industry more effective(Davies, et al., 2013). The applicability of laser allows chances of defective parts being used in the manufacture of planes at Airbus. All the materials being investigated are also safe from any impacts that they pay face during the testing process, as the technology is non-destructive. This means that the parts can also be tested from any angle and positions and without being in contact with other strong metals that may be used to hold the material in place during testing. This allows for the material to be tested for defects in the manner that the material is to be used (ARTTIC, 2017). The effect of testing parts like this is that it allows the researchers to identify specifically where the defect is and how it can affect the applicability of the material for its intended purpose. This also ensures that the inspection process takes place fast and accurately. In addition, because of the fact that the process only utilizes laser ultrasonic technology, this testing methodology can be applied to a myriad of parts of all shapes and sizes, increasing its applicability to different industries(Levesque, et al., 2012). Mr. Campagne gives examples of its applicability in in the automotive industry as well as in runways. The technology is applicable on different types of materials, ranging from metals, non-metals and even composite materials all of which continue to be widely explored in different industries in the manufacturing world today. These materials are applicable in many industries, and thus the technology can be applied for testing in all of these industries, to accomplish accuracy and flexibility in testing for defects in different industries. The technology also presents immense opportunities for the future of non-destructive testing of materials, as the Locomachs Project is looking into using the technology to test for other defects in materials, including their porosity as is explained in the video. For instance, the technology is being explored in the testing of delamination and porosity in composite materials and this presents immense opportunities in this field(Kenderian, et al., 2015). The technology of non-destructive testing by using laser ultrasonic thus presents immense opportunities to the field of mechanical engineering, which when explored can improve the quality and accuracy of material testing for their applications in the industry. Testing of materials is extremely important in industry as it helps to determine how effective the material is for its intended purpose in the field(Graham Ume, 2007). Embracing laser ultrasonic testing in industry will thus aid to make the accuracy of testing better and cheape r, as materials will not have to be altered for their mechanical defects to be identified (ARRTIC 2017). Only the defective parts can be destroyed and this ensures that the testing process becomes faster and less expensive for the different applications in industry. References ARRTIC. (2017). LOCOMACHS-Laser Ultrasonic Testing. [Online Video]. 14 December 2015. Available from: https://www.youtube.com/watch?v=0yfhSu2NFgk. [Accessed: 1 October 2017]. Blouin, A., Puloj, L. Monchalin, J. P., 2004. Laser Ultrasonic Testing Systems. U.S Patent No. 6813915, 9 November, pp. 51-57. Davies, S., Edwards, C., Taylor, G. S. Palmer, S., 2013. Laser Generated Ultrasound:It's properties, mechanisms, and multifarious applications. Journal of Physics D: Applied Physics, 26(3), pp. 14-21. Graham, G. Ume, I. C., 2007. Automated System for Laser Ultrasensing of Weld Penetration. Mechatronics, 7(8), pp. 711-721. Kenderian, S., Djordjevic, B. B., Green Jr., R. E. Cerniglia, D., 2015. Laser Ultrasonic Testing of Railroad Tracks. US Patents , 20 September, pp. 4-9. Krautkrammer, J. Krautkrammer, H., 2013. ULtrasonic Testing of Materials. 2nd ed. London: Springer Science Business Media. Levesque, D., Blouin, A., Neron, C. Monchalin, J. P., 2012. Performance of Ultrasonic F-SAFT Imaging. Ultrasonics, 40(10), pp. 1057-1063. Penney, C. M., 2006. Laser generation of ultrasonic waves for non-destructive testing. US Patent No 3978713, 7 September , pp. 141-145.

Jimi Hendrix Why He Desrves World Recognition Essay Example

Jimi Hendrix: Why He Desrves World Recognition Paper Jimi Hendrix is one of the greatest and influential guitarists in rock history. During his career, he revolutionized the sound of rock, and changed it greatly. Hendrix was a major influence in music and with his beliefs. Jimi Hendrix was a positive influence on the world, and his music and views continue to inspire many people. Jimi Hendrix was born in Seattle, Washington on November 27, 1942. Throughout his childhood, his family dealt with financial problems, and he was sometimes put in the care of friends and family. By the time he was nine, his parents had divorced, and was occasionally sent to live in Vancouver, British Columbia with his grandmother. Around the age of fifteen is when he started to pursue his love of music. His first acoustic guitar was given to him for five dollars, and he immediately began to learn to play by listening to records, and through tips from other players. In 1959, his father bought him his first electric guitar. Hendrix’s main influences were Elvis Presley, blues music, such as the Muddy Waters and B. B. King. Another big influence came from the western movie â€Å"Johnny Guitar† because the main character is a hero that doesn’t carry a gun, but only a guitar. Jimi Hendrix has had an obvious contribution to society in music. But many people don’t know that he also contributed by joining the army. He was assigned to the 101st Airborne Division and was stationed in Kentucky. Unfortunately, after a year, he was discharged because during his twenty-sixth parachute jump, he broke his ankle. Secondly, and more importantly, his greatest contribution was his advances in music. We will write a custom essay sample on Jimi Hendrix: Why He Desrves World Recognition specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Jimi Hendrix: Why He Desrves World Recognition specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Jimi Hendrix: Why He Desrves World Recognition specifically for you FOR ONLY $16.38 $13.9/page Hire Writer He furthered the range of the electric guitar, establishing it as a unique source, rather than amplified guitar, and blended many styles of his voice and his guitar style. Along with other bands during his time, he furthered the development of hard rock, heavy metal, and blues. Hendrix’s contributions to music can not be overstated, and without a doubt, they still impact many people, more specifically, musicians. Although he was unable to read music, and he was self-taught, he was a music genius. He pioneered the use of effects, like wah-wah, phasing, and fuzz tone, which have become part of rock music. His precision and speed with his guitar, have influenced people to try to aspire to play half as good as him. All of his contributions have lasted almost thirty years because Jimi Hendrix was a major force in music then, and was so powerful, that they have all continued to influence and inspire people. There are really only two areas of the world that Hendrix has influenced, and that is Europe, Japan, and the United States. He initially had success in Europe, and throughout his career he made fans such as Eric Clapton, members of The Beatles and The Who. In the United States, his fame came later, although he was already internationally known. Many people have been affected by Hendrix’s music, and have been influenced to pursue careers, and have become great fans of his. Jimi Hendrix has influenced artists in the funk genre of music like The Isley Brothers and Prince. Also, his influence in music extends to rap music, and to artists such as Wyclef Jean and Chuck D of the group Public Enemy. The world has greatly benefited from Jimi Hendrix, simply in the fact that everyone can relate to music, and he made it easy for everyone to listen and enjoy it. Hendrix made rock music different and unique. In conclusion, Jimi Hendrix has revolutionized the sound of rock music, and pioneered new advances in the music as well. He has influenced people that like completely different types of music other than rock. Not only that, but he made the music because of his love for it and wanted it to be perfect for everyone. He succeeded greatly with that, and even with his untimely and tragic death, to this day, people continue to love his music. Jimi Hendrix played the music so that everyone could relate to it, and because of that he is known as one of the greatest and most influential guitarists and music artists of all time.

Affect vs. Effect

Affect vs. Effect Affect vs. Effect Affect vs. Effect By Mark Nichol Among the pairs of words writers often confuse, affect and effect might be the most perplexing, perhaps because their meanings are so similar. Affect, derived from affectus, from the Latin word afficere, â€Å"to do something to, act on,† is easily conflated with effect, borrowed from Anglo-French, ultimately stemming from the Latin word effectus, from efficere, â€Å"to bring about.† Whats the difference between affect and effect? Affect is usually a verb, meaning to influence or act upon. Example: The loss of his father affected him profoundly. Effect is usually a noun, meaning the result of an action. Example: What will be the effect of closing Main Street? Below you will find less common meanings and related or derivative words. Affect The various senses of affect, each followed by a sentence demonstrating them, follow: A noun meaning â€Å"mental state†: â€Å"In his report, the psychiatrist, noting his lack of expression or other signs of emotion, described his affect as flat.† A verb meaning â€Å"to produce an effect, to influence†: â€Å"I knew that my opinion would affect her choice, so I deliberately withheld it.† A verb meaning â€Å"to pretend† or â€Å"to put on†: â€Å"She tried to affect an air of nonchalance, though she was visibly agitated.† Words with affect as the root, followed by their use in a sentence, include the following: Affectation: A noun meaning â€Å"self-conscious behavior†: â€Å"The girl’s affectation of sophisticated maturity was undercut by the relentless snapping of her chewing gum.† Affection: A noun meaning â€Å"kind or loving emotion†: â€Å"Her grandfather’s deep affection for her was obvious in his heartwarming smile.† Disaffected: An adjective meaning â€Å"discontented, rebellious†: â€Å"Disaffected youth dismayed by the poor job market and the larger issue of a society that does not seem to value them have been joining the protest movement in ever greater numbers.† (This word is a case of an antonym that has outlived the original term from which it was derived in counterpoint; writers and speakers no longer express, in the sense of â€Å"favorably disposed,† that a person is affected.) Unaffected: An adjective with two distinct senses: the literal meaning of â€Å"not influenced or altered† (â€Å"They seemed disturbingly unaffected by the tragic news†) and the surprisingly older, figurative meaning â€Å"genuine† (â€Å"The youth’s candid, unaffected demeanor appealed to her after the stilted arrogance of her many suitors†). Effect The various senses of effect, each followed by a sentence demonstrating them, follow: A noun meaning â€Å"the result of a cause†: â€Å"The effect of the lopsided vote was a loss of confidence in the chairman.† A noun meaning â€Å"an impression†: â€Å"The soft, gentle tone has a calming effect.† A noun, usually in plural form, meaning â€Å"personal property, possession†: â€Å"Among the effects found in the deceased man’s pockets was a small book with his name self-inscribed.† A verb meaning â€Å"to accomplish†: â€Å"His newfound sense of responsibility effected a positive change in her attitude toward him.† Words with effect as the root, followed by their use in a sentence, include the following: Aftereffect: A noun, usually in plural form, meaning â€Å"something that follows a cause†: â€Å"The aftereffects of the decision are still being felt years later.† Effective: An adjective meaning â€Å"successful†: â€Å"The insect repellent was effective at keeping the mosquitoes at bay, which made for a pleasant outing.† Effectual: An adjective meaning â€Å"able to produce a desired effect†: â€Å"Our conclusion is that mediation is an effectual strategy for obtaining a mutually satisfying outcome.† The noun efficiency and the adjective efficient, though not based on the root effect, share its etymological origin and mean, respectively, â€Å"productivity† and â€Å"productive† in the sense of accomplishing something with a minimum of effort in relation to outcome. Efficacy (â€Å"the power to produce a desired effect†) and efficacious (â€Å"able to produce a desired effect†) are also related. Another, unexpected word of related origin is feckless (â€Å"weak, worthless†), which is rare and has lost its antonym, feckful, through long disuse. Feck is a shortened form of effect developed in Scottish English. Quotations from newspapers Tariff winners and losers: How Trumps trade spat could affect shoppers. President Trumps imposition of tariffs on imported (www.usatoday.com) 405,000 years, gravitational tugs from the planets Jupiter and Venus gradually affect Earths climate and life forms, according to a new study. (www.usatoday.com) he says. â€Å"You can eat as much as you like, you can slob about, you can drink as much alcohol as you like – the effect is very modest compared with these other two factors.† Human beings are biologically engineered for (www.theguardian.com) European Union tariffs take effect in Trump fight: How they will hit American productsThe Europe (www.usatoday.com) Video Recap A Quick and Easy Way to Know Whether to Use Affect or Effect Remember, a general rule of thumb is that â€Å"affect† is usually a verb (a â€Å"doing word†) and â€Å"effect† is usually a noun (something you can put â€Å"the† in front of). This doesn’t apply all the time, of course – as we’ve seen above, there are lots of ways in which the words â€Å"effect† and â€Å"affect† can be used. It’s a good place to begin, though, if you’re unsure which you want. Here’s a sample sentence: I don’t think this will [affect/effect] the budget. Which word, affect or effect, is correct? An easy way to figure this out is to replace â€Å"affect† with the verb â€Å"alter† and see if the sentence works: I don’t think this will alter the budget. Yes – it still makes sense, so â€Å"affect† is the word you want. Here’s another sentence: We haven’t yet experienced the full [affect/effect] of climate change. Can we use â€Å"affect† here? Try replacing it with â€Å"alter†: We haven’t yet experienced the full alter of climate change. No, that doesn’t make sense at all. How about â€Å"effect†? Try replacing that with the noun â€Å"end result†: We haven’t yet experienced the full end result of climate changes. It’s a slightly inelegant sentence – but it does work grammatically. So â€Å"effect† is the word you want here. This rule won’t work for every single situation, but in most cases, it’ll help you quickly select the word that you want. What About Affect as a Noun and Effect as a Verb? It’s fairly rare to come across â€Å"affect† used as a noun: as we saw above, when it is used in this way, it means â€Å"mental state†. You might encounter it in some older works or fairly scientific ones about psychiatry. It’s a little more common to come across â€Å"effect† used as a verb, though this is still fairly rare and it can seem a little old-fashioned in this context. It’s used to mean â€Å"brought about† or â€Å"accomplished† – e.g. â€Å"The rapid changes she made after she got the job effected a complete turnaround in the company’s financial position.† In any case where you’re uncertain, though, it’s likely that affect is a verb (replace it with â€Å"alter† to check) and effect is a noun (replace it with â€Å"end result† to check). Affect vs Effect Quiz For each sentence, select which word should be used: 1. The budget cuts will inevitably [affect/effect] our department. affect effect 2. The [affect/effect] of getting up early is that you can make a great start on the day before most people are out of bed. effect affect 3. Smoking will seriously [affect/effect] your health. affect effect 4. Many people find that regular exercise has a positive [affect/effect] on their mental health. effect affect Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Misused Words category, check our popular posts, or choose a related post below:50 Handy Expressions About Hands"Owing to" vs "Due to"50 Tips on How to Write Good

The Failure of Prince George's School System Research Paper

The Failure of Prince George's School System - Research Paper Example Lack or minimal competition leads to poor delivery of services. G. Lack of Accountability: One of the mission targets of the school system is the development of customized training programs to meet the needs of the highly competitive job market. However, Prince George's school system is rarely held accountable for the undereducated students they channel in the job market. Lack of accountability stems to what is taught and what should be learnt in the school system. III. Systemic Challenges: The wide range of programs and distinct learners that the school system serves makes the education system to be complex. However, Prince George’s education system is becoming a victim of its own challenges. IV. Other Factors: Other factors leading to failure include: the conflicting interests facing the interests and requirements of federal education legislation and the unique goals of the institutions to satisfy the local educational demands and decreased availability of resources required to satisfy people’s needs among others. V. Recommendations: To avoid failure, the college should: i. Extensive Training ii. Hiring qualified Staff iii. Better Administration iv. Improved Learning facilities v. Adequate funding vi. Improvement of enrollment system vii. Collaboration with county government and the community VI. Conclusion: The current trend in state of the education system is not future bound and thus effective measures are required to revive it. Both parents and teachers should collaborate in ensuring that their children put necessary efforts to improve on performance. What Are The Factors That Are Contribute To The Failure Of Prince George's School System? Name Module Professor Aug 4, 2012 What Are The Factors That Are Contribute To The Failure Of Prince George's...The school system is usually less expensive compared to state colleges and most of the courses they offer normally focus on practical instead of liberal arts. Owing to its open admission policy, t he school system makes the enrollment process easy. This makes most people to be eligible for admission in the school system as compared to other colleges in Maryland. Prince George’s school system also offers both need and merit-based funding to cater for the fees requirements of its students. This has enabled financially challenged society members to access education. Despite gains, Prince George’s school remains Maryland’s lowest-rated system. Recently, the system has experienced both internal and external challenges that are an impediment towards achievement of its educational obligations. According to a performance report by Prince George’s Business-Education Alliance, â€Å"...the test scores of the school system are low as compared to other systems around the nation.†(7) The report indicates that only 44 percent of the students attained proficiency in reading and 35 percent demonstrated proficiency in mathematics; poor performance was noted in African Americans and Hispanics. (Prince George’s Business-Education Alliance report 7) This portrays poor performance.

Ethics in the Business of Personal Investing Essay

Ethics in the Business of Personal Investing - Essay Example This paper is a critical analysis of business ethics in personal investment. The portfolio of personal investment is a series safe investment that provides returns progressively to the clients. The collection answers several questions on investment capabilities of an individual. What are the aspirations and needs of the customer? What are the financial targets and objectives required to fulfill the expectations? Finally, what is the investment strategies required in the realization of the objectives? After the creation of the portfolio, the subsequent phase rivets to seeking out the financial opportunities that have the latent for higher proceeds (Wang & Steinberg, 2010). The investment opportunities also involve an evaluation of the amount of risk about the profits. Certain options such as bond issues, stocks in companies that have a proven record of accomplished stability are also exceptional for proceeds. The thirst for returns may cause an investor to accept higher risk; the possibility of fleshing out the venture portfolio with volatile investments is thus great. The collection will include options such as buying of shares in unproven businesses, investing in new technologies that have better prospects or the involvement of fast-paced trading commodities commonly in currency trading (Hoffman, 1996). A necessity for the participation in such volatile options the investor has to have the ability to pay in the event the business does no run as projected. The development of a personal investment strategy involves careful articulation of certain niceties. First, an individual ought to acquire financial advice from a proficient financial expert. This is significant in attaining equilibrium between the necessities of today and investment for the future. An investment in a diversity of industries in a portfolio reduces the impact of specific industry risk (Wang & Steinberg, 2010). However, being overly