Monday, August 15, 2011

Question of the week 30: Riots

Hi and welcome to this week’s ‘Question of the Week’! I hope that everybody has had or is having a nice summer vacation! However, as is with every holiday, it comes to an end. Nevertheless, the question of the week is back. This week, the word ‘Riot’ will be covered in the following question:

Do riots create more change than peaceful demonstrations and protests?

The term riot stands for a violent public uprising, where a group of people create civil unrest. Examples include, the riots that occurred in London that started from a peaceful protest against the police for shooting and killing a person, and the riots that broke out in the Middle-East to topple the dictatorial/autocratic regimes.

Demonstrations, protests, and riots all have a common goal, to create change. How they achieve these changes however are different. Both demonstrations and protests can be done peacefully. For instance, a group of people that protest against the country’s involvement in war can show this through creating signs and showing negative pictures in the hope that it would persuade decision makers to back out from the war. If the protest gains supporters over time, it would then force the government to make changes.

A riot on the other hand involves violent behavior in order to intimidate decision makers into making changes. This type of behavior has, for instance, led the Syrian leader Bashar al-Assad to create changes in the Syrian parliament and give in to some demands to retain peace in the country. Riots however do not have to create positive changes for the rioters. As is evident in the London riots, changes have been made by the British police force in how decision-making is done during such situations. All that the rioters gained from their actions were court appearances and penalties.

To say that riots create more change than peaceful demonstrations and protests is incorrect as both create them. However, riots have a more dramatic way in showing social frustration and thus leads to quicker changes. This usually comes at the expense of the rioters themselves as they end up doing more harm than good.

In short: Riots are violent public uprisings where people try to create change through wrecking havoc. Whilst riots may create change faster, it does not mean that it will create a positive change for them. Demonstrations and protests on the other hand are more peaceful, and allow other people to understand the changes. Through this way, it forces the government and/or decision makers to create changes since their reputation and popularity is put at stake.

If you have any questions, doubts, or would like to contribute, then please do not hesitate to leave a comment!

Sunday, July 10, 2011

Question of the week 29: Vociferous

Hi and welcome to this week’s question of the week! This week, the word ‘vociferous’ will be covered in the following question:

Name five man-made vociferous sounds

The term vociferous stands for something that is noisy or loud. For instance, a vociferous baby on an airplane was crying for her milk. Animals such as lions and bears become vociferous when threatened. Vociferous can also describe the noise of an explosion.

Here is a list of five man-made vociferous sounds:

1. Race cars – Race days such as F1, GP2, MotoGP, Nascar, and FIA GT, just to name a few, create a lot of sound pollution that affect nearby residential areas. As such, some circuits have a limited number of race days per year to minimize it.

2. Airplanes – Due to the sound pollution created by airplane engines, in some cities/countries airports are closed during the night.

3. Vuvuzela – A trumpet that has its history in South Africa. It was extensively used during the 2010 FIFA World Cup by fans supporting their countries. For the players and some spectators it was however also a nuisance.

4. Rock concerts – Music bands play loud music to involve the crowd and let them feel the full rhythm and beats of the songs. This however usually comes with a side effect, where it seems as if a bubble is covering your ears.

5. Alarms – Unlike the above-mentioned vociferous sounds, alarms are purposefully loud. They are meant to warn people of an emergency.

In short: The word vociferous stands for something or somebody being loud or noisy. This includes a baby crying on an airplane, or a car making a screeching sound after hitting the brakes very hard. Five man-made vociferous sounds include race cars, airplanes, vuvuzelas from the world cup, rock concerts, and alarms.

If you have any questions, suggestions, or examples, then please do not hesitate to leave a comment!

Sunday, July 3, 2011

Question of the week 28: Omnipresent

Hi and welcome to this week’s question of the week! For this week, the word ‘omnipresent’ will be covered in the following question:

Which mode of transportation carries the lowest omnipresent risk of fatality?

The term omnipresent stands for a danger or problem that is present at all times, such as a disaster that can occur at any time, a prison where criminals fighting each other is omnipresent, or the noise pollution from living close to an airport.

The modes of transportation are air, land, and water. For simplicity purposes, air transport will cover airplane travel, land transport will cover travel via cars and trains, and water transport will cover boat travel. The following list shows the number of fatalities per billion km, journeys, or hours traveled for each of the 4 forms of transportation mentioned:

Fatalities per billion KM

Fatalities per billion journeys

Fatalities per billion hours

Airplanes

0.05

117

30.8

Cars

3.1

40

130

Boats

2.6

90

50

Trains

0.6

20

30

(source: http://www.numberwatch.co.uk/risks_of_travel.htm, originally from an article by Roger Ford)

Depending on how one looks at the statistics, airplane travel can carry the lowest omnipresent risk of injury. 0.05 people are killed due to an airplane accident over a span of one billion kilometers. However, when looking at it from the number of journeys and number of hours perspective, trains carry the lowest omnipresent risk.

It must be noted that whilst the media portrays the fact that airplane travel is the safest mode of transportation, it is really difficult to find factual and statistical information on this as it is not public knowledge. As such, the data used in this article represents what was attainable at the time of writing this article.

In short: Omnipresent stands for a danger or problem that is present at all times. Examples include the risk of a flat tyre, or the risk of a natural disaster, as both could happen anytime. Depending on how one interprets data, airplanes and trains can be seen as having the least omnipresent risk of fatality.

If you have any other thoughts or ideas, then please do not hesitate to leave a comment!

Sunday, June 26, 2011

Question of the week 27: Intangible

Hi and welcome to this week’s question of the week! This week the word ‘intangible’ will be covered in the following question:

What are intangible assets?

The word intangible stands for something that creates value, whether it is specific knowledge or a brand name, which cannot be touched or seen. It can be a person or a possession. Consultancy services for instance are intangible, as it has to do with knowledge rather than actual objects. Also the name of a company holds an intangible value as it would create a positive or negative reaction to people, whilst copyrights are intangible as they protect a specific work yet it in itself are nothing but text written on paper. The following are intangible assets that a company maintains to create and keep its competitive advantage.

Copyrights, Patents, Trademarks, and licenses – These are intangibles that protect a company’s name, technology, text, pictures and videos. They allow the company to protect its property so that no other company or person can use it without a fee.

Knowledge – The people that work in a company have both tacit and explicit knowledge. Tacit knowledge is knowledge that cannot be written or codified. Explicit knowledge on the other hand is knowledge that can be written down and whoever reads it would then be able to understand it fully. For instance, when learning how to drive a car, the theory exam checks explicit knowledge. The practical theory however checks the implicit knowledge on how to drive a car. Situational awareness on the road cannot be codified as the environment always changes.

In short: Intangible stands for something that cannot be seen or touched. These include both property rights such as copyrights, patents, trademarks, and licenses, and knowledge that all employees and employers have.

If you have any questions, doubts, or other examples, then please do not hesitate to leave a comment!

Wednesday, June 15, 2011

Question of the week 26: Antagonize

Hi and welcome to this week’s question of the week! For this week, the word ‘antagonize’ will be covered in the following question:

What are the risks of antagonizing the wrong people?

The word antagonize stands for the provocation of another person. For instance, when a person talks negatively about another, that person is said to be antagonizing. The expression ‘don’t antagonize’ is used to remind people not to provoke, and maintain peace and respect with that person despite apparent problems. If however you don’t, you may end up with the following problems:

- Getting sued for defamation

- Getting into a fight

- Getting ignored

- Losing a friend or acquaintance

- Losing trust

Antagonizing a person may provide some popularity if other people share the same problem about someone. However, it will always result in a conflict. As such, by not antagonizing a person and instead reasoning that a person’s actions are wrong, or exposing a problem, would help to tackle the problem whilst also preventing the risks that are associated with it.

In short: Antagonizing stands for provoking somebody. When antagonizing a person, due to a problem, it creates risks such as being sued or getting into a fight. By staying peaceful and not antagonizing, but rather to reason with the person that you have a problem with, it is possible to express what you feel and prevent any risks from happening. As the expressions goes, ‘don’t antagonize’.

If you have any questions or doubts, then please do not hesitate to leave a comment!

Tuesday, June 7, 2011

Question of the week 25: Innocuous

Hi and welcome to this week’s Question of the Week! In this entry, the word ‘innocuous’ will be covered in the following question:

What are some examples of innocuous jokes?

The term innocuous stands for something or someone that is harmless or not offensive. For example, an innocuous person is one that does not bully, that respects other people’s opinions, and that is not aggressive in his or her actions. Animals and insects, such as grasshoppers, koalas, and giraffes, can also be called innocuous since they do not create harm. Even a question can be classified as innocuous if the person’s answer would not be used against him or her.

This week’s question looks at innocuous jokes. Are jokes always offensive, directed towards certain individuals, and meant to upset a person? Well, these five jokes certainly aren’t:

1. If pro is the opposite of con, then what is the opposite of PROgress? CONgress.

2. What do you call a person that is both from Holland and from the Philippines? A Jalapeno (Hollapino). – Russell Peters

3. If 4 out of 5 people suffer from diarrhea… does that mean that one enjoys it?

4. A clear conscience is usually the sign of a bad memory.

5. If practice makes perfect, and nobody’s perfect, then why practice?

In short: The word innocuous stands for something or somebody that is harmless or not offensive. An example of an innocuous joke is: if practice makes perfect, and nobody’s perfect, then why practice?

If you have any questions or doubts, then please do not hesitate to leave a comment!

Tuesday, May 31, 2011

Question of the week 24: Yield

Hi and welcome to this week’s Question of the Week! For this week, the word ‘yield’ will be covered in the following question:

How are bond yields calculated, and why are they important?

The term yield can have different definitions, all based on the word’s context. For instance, when a person yields from a fight, it means that the person is giving up or surrendering. When on the road, some signs contain the word yield. This means that you have to give way to other cars. Yield can also stand for producing a return, as is used in bond yields. This week’s question looks at the second definition.

A bond’s yield can be calculated by dividing the interest by the current value of the bond. This is presented in the following formula:

Yield = Annual interest / Bond Price

Calculating bond yields is important as aggregating them gives you an indication of the success of a bond over time. For instance, knowing that a bond with a value of €100 yields 10% (or €10 interest) for the past 5 consecutive years is more attractive to invest in than a bond that yielded 25% in the first year, but then dropped to 5% in the 5th year.

In short: The term yield can mean to stop, give way, give-up, surrender, or be a calculation of returns in business. In a business sense, yields can be calculated by dividing the annual interest by the bond price. This would then give an indication of the returns over time of a bond, and thus its attractiveness.

If you have any questions, other examples, or doubts, then please do not hesitate to leave a comment!