...One of the main challenges for freelance translators is to find suitable clients, and once they have found them, one of their main concerns is how to retain them. As a freelancer you may well find that working for translation agencies rather than for private clients offers both peace of mind and a more reliable flow of orders. As a professional freelancer you are doubtlessly well aware of the many benefits of freelance work. Most of these will be associated with themes such as independence, freedom and - if you are lucky - considerable revenues. However, you may also have discovered a number of serious downsides to this kind of work. The one cited perhaps the most frequently is the ongoing pressure to attract clients. Although we know of no research to verify it, there is a law in the translation business which states that a freelance translator who has no work, is not a good translator. The opposite is also true: a good translator will never be at a loss for work. Even so, your order portfolio as a freelancer will also depend, at least in part, on your commercial skills in attracting clients, offering your services to potential clients, and building up networks. Once you have found enough clients for a sustainable business, moreover, you may find it difficult to balance your capacity with their needs. In view of these considerations, it might be a good idea to offer your services to translation agencies as well. The rates they offer may not be as high as those of private...
Words: 980 - Pages: 4
...of an anaesthetic machine prior to use. On the morning of this particular learning experience I had already pre-informed the student of the event so we could start promptly. The student arrived on time as I did. We went straight to the operating theatre where we were going to be working for the day. On arriving in that theatre I discovered it had been used prior and was left in an untidy state so I had to tidy it up before we could proceed. Had I have thought before hand I could have checked the day before to ensure this was not the case. I started by showing the student the anaesthetic machine we were going to use, explained the different parts and how they function. The student looked a bit perplexed at the terminology I used so I tried more simple terminology and explanations and that seemed to help. After the brief explanation of how the anaesthetic machine worked I described The checks we were going to carry out. I showed the student the 2012 guide to checking the machine produced by the College of Anaesthetists which is the one we currently use. We started to check the machine going through the guide step by step as described. It took quiet a while to complete the check. Afterwards I asked the student if they followed what we had done, the student commented it was a bit too much to go through in one session. I think looking back that I should have broken down the process into perhaps two or more sessions allowing the student time to take in and question the...
Words: 304 - Pages: 2
...The economics profession’s jargon serves a variety of purposes. For example, their common terminology serves to make for more precise communication. It allows ideas to be communicated clearly and exactly. This exactness and clarity of terminology serves society by allowing economists to discuss economics with each other and with society with clarity so that other economists have a better understanding of what an economist is saying. A common terminology also serves to divide insiders from outsiders. For outsiders, for example economic students, who do not have a clue what these terms mean, economists’ terminology is exclusionary. It makes economists the gatekeepers of economic ideas. Economists’ terminology serves as a barrier to entry, restricting the supply of economists, and increasing the value of the services provided by existing economists. Which of these two reasons is the strongest? To answer that question let us consider two examples given by Amanda Bennett, the author of The Wall Street Journal article, “Economists + Meeting = A Zillion Causes and Effects” [The Wall Street Journal, January 10, 1995]. The two examples are the concepts of externality and utility, Why do economists use these terms? Based on her article, and on my classroom experience, I would judge that, of the two reasons, the self-serving reason is the stronger. Essentially, economists create their terminology primarily to make life difficult for students. Consider the first example: externality. Why...
Words: 433 - Pages: 2
...How Does Medical Terminology Work? ________________________________________ Most medical terms can be broken down into one or more word parts. For simplicity in explanation, we will say that there are four possible word parts, and any given medical term may contain one, some, or all of these parts. We will classify these word parts as (1) roots, (2) prefixes, (3) suffixes, and (4) linking or combining vowels. An example of a word with three of the above parts is the medical term "pericarditis", which means "inflammation of the outer layer of the heart". Pericarditis can be divided into three parts: peri - card - itis. Once divided into its essential parts, pericarditis can be translated: the prefix "peri" translates to "surrounding", the root "card" translates to "heart", and the suffix "itis" translates to "inflammation". Hence, pericarditis is an inflammation of the area surrounding the heart, or an inflammation of the outer layer of the heart, anatomically known as the pericardium. Medical terms always consist of at least one "root", although they may contain more. The root of a word is that part which contains the essential meaning of the word. An example of this was seen above in the term "pericarditis". The root of the word - card - refers to the heart, so any prefix or suffix added to the root (card) will only function to add to the specificity of that word. An example of this would be the prefix "brady", which means "slow". If "brady" is added to the root "card"...
Words: 433 - Pages: 2
...Financial Terms and Roles Alvaro Garcia Jr. FIN/370 August 19, 2013 Dr. Rachel Ang Finance – Individuals and businesses evaluate investments and raise capital to fund them. Understanding and having knowledge of finance will benefit both personal and professional life. Efficient market – Investors respond to new information buying and selling their investments the speed with which investors act and the way that prices respond to the information determine the efficiency of the market. Primary market – is a market in which new, as opposed to previously issued, securities are bought and sold for the first time. The key feature of the primary market is that the firms selling securities actually receive the money raised. Secondary market – is where all subsequent trading of previously issued securities takes place. The principal benefit of the secondary market for the shareholders of firms that sell their securities to the public, you could easily sell those shares in the secondary market if you decided you no longer wanted to hold them. Risk – Do not take additional risk unless expected to be compensated with additional return. For example, offering investors a higher expected rate of return on the riskier investments. Security – Security markets provide a link between the corporation and investors. The securities markets are another component of the financial marketplace. Stock – Stock prices can react to information, good decisions will result in higher stock prices...
Words: 487 - Pages: 2
...This essay will provide a comparison between Islamic Finance and conventional Finance principles. In order to do this, firstly it is necessary to determine the scope and establish some of the fundemental concepts that define Islamic Finance, or "Sharia compliant banking" as it is often referred to. After this, it will be possible to discuss some of the advantages that Islamic Finance institutions have over the typical conventional banks. As of 2014, Islamic Financial institutions represented around 1% of the total assets throughout the world, with an estimated value of around $2 trillion. There exist in the region of around 300 institutions throughout the world that adopt a financial approach dictated by the principles of Islam. This number has been growing as a result of the financial crash in 2008 where many conventional banks faced liquidity issues; investors disillusioned with the performance and practices of conventional banks increasingly sought to invest their assets with Islamic Finance institutions. However, the fact that only 1% of institutions currently adopts the Islamic Finance approach shows that conventional banking methods are still more popular with investors and institutions alike. Most of the Islamic Finance institutions are based in the Middle East, but there has been a significant increase in Islamic Finance institutions in the main financial centres of this world (London, Shanghai and New York). The following table displays some of the similarities...
Words: 590 - Pages: 3
...The internship position at Barkley Financial in the stock and bond department was advertised as an opportunity to take a crash course in the industry. This particular full service brokerage and investment banking firm has offices throughout the US and is well established in the market that share information. Barkley’s solid presence in the market has made it a major player the world of finance with well over one billion dollars under its management, so the company selects interns with the intention of adding to the company’s solid base. The job was a way of fully experience the true aspects of day to day functions and operations of a major stock and bond company. While the experience itself is the central focus of the position, the internship was more than a temporary peek into the real inner workings of the world of finance. The coveted position was also an opportunity to establish a solid position with an established company after college. Each of the candidates selected to enter the internship program are considered as candidates to extend their association with the company. Interns that are successful are offered a full-time licensed stock and bonds advisor-broker trainee positions. The pressure to do the very best job possible was there since this was an opportunity to secure a highly lucrative sales position. The company also emphasized the opportunity for strong advancement opportunities. The company had a reputation of recognizing driven individuals, and allowing them...
Words: 2327 - Pages: 10
...Raising Finance- Liability Key Terminology: Incorporated This is when the entrepreneur and the business are a separate legal entity. * The business is responsible for any debts incurred. Limited Liability This is when only the business is liable for any debts to be paid back that it has incurred. * Only what the business owns can be used to pay back and debts incurred. Owners personal possessions cannot be touched. Limited sources are incorporated; bot h LTD and PLC Unincorporated This is when the entrepreneur and the business are from the same legal entity. * He/she is responsible for it and any debts it incurs. Unlimited Liability This is when the entrepreneur is liable for the debts to be paid back that the business had incurred. * Even if it means selling everything the business has and all his/her personal possessions in order to pay back. Sole traders and Partnerships are usually unincorporated Limited Liability and Finance An investor’s liability/financial commitment is limited to the total amount they have invested (share capital) into the business. An investor’s personal savings outside the investment e.g. house, car- is protected * Very risky for a bank to lend money to individuals/businesses with limited liability because their personal belongings and savings are protected and cannot be used to pay back the debt- so if the business goes bust the bank will likely lose out. Unlimited Liability and Finance The owners of a business...
Words: 1122 - Pages: 5
...everyone made contribution on it. Our presentation will be divided into two parts. In the first part, I would like to show couples of “take-aways” in this module. Then, for the second part, Lady Wang Dan will make explanation to the questions, of course, only few typical questions will be explained in details, rest of them will be reviewed quickly. 1. Accounting and finance Actually the accounting provides information to the shareholders, creditor, government who are outside of the company, and also provide information to all levels of manager who direct and control its operation. At very bottom line, the finance is all about allocation of assets or money. But how to make decision? So the potential investor needs information to support their decision. So they come to see the accounting statements. It is a real reflection of the condition of one company if there is no fake information. After the information is got from accounting, they could allocate money. So at very bottom line we can summarize that the accounting is a tool to support the finance to make money. 2. Equity premium puzzle Actually this terminology really puzzled me when I looked at it for the first time. A lot of complicated formulas are involved in it. Unfortunately I am not good at mathematics, but fortunately I will talk about formulas because I was always failed in my math exams. What can I do? Use a simple example to show my understanding. Most of us here were born in 1970s or 1980s, we will retire in...
Words: 670 - Pages: 3
...Reporting Practices and Ethics Paper Angela Blanks HCS/405 February 12, 2014 Mary Scalf Reporting Practices and Ethics Paper Revenue is important to keep track of to pay expenses and invest back into the business to maintain state of the art technology. Reporting revenue correctly and honestly is management and owners responsibility. Abuse of the system and fraud committed by dishonest practices the government has set up standards of reporting income and expenses. The function of the generally accepted accounting principle is that all companies report revenue using the same methods. Using the four elements of financial management, planning, controlling, organizing, and decision making, businesses can be successful. Using ethical standards of honesty, an organization can expect to remain in business. Generally accepted accounting principles (GAAP) is the standard that determines how accountants conduct reports (Kennan, 2014). The function of the GAAP is to ensure that companies have the same methods of reporting financial information. The GAAP applies to all financial statements issued to the public for investors to understand how the company is reporting income and expenses (Kennan, 2014). The financial accounting standard boards (FASB) created the GAAP that define the ethical standard practices of companies (Reeves, 2014). Maintaining high ethical standards accountants must maintain confidentiality when reporting financial reports. Accountants must enter accurate...
Words: 907 - Pages: 4
...There is a world of marketing that is build on the way consumers respond to a certain product or the way it is marketed. It comes as no surprise, then, that companies and marketing firms look at social patterns and consumer psychology to understand better how and what affects consumers to the greatest degree and what ushers them to go out an purchase whatever they end up spending their money on. Another agreed upon fact is that one of the most important contributing factors to consumer decision making is the culture that they have internalized as what defines them. Fact of the matter is that consumers are more affected by their culture than they care to admit. Other factors include location, peer group influence, income group etc. However, all these factors determine what one needs or wants to spend money on. Culture is something that subconsciously makes you need or want a particular thing. A colder location indicates to a consumer the need or want for heavy garments that will make them warm. Their culture automatically defines what that garment is going to look like. The women in Canada will wear jeans, leggings and tshirts, while women in India will be dressed in their traditional saaris. Therefore, all over the world, some indications of what the consumer wants or needs can be the same, however the purchase descisions all over the world are not the same. They vary because the culture varies, and since the culture varies, the consumers response to the same demands vary as...
Words: 262 - Pages: 2
...Justin Paolo F. Segovia IV – Galileo My Valedictory Speech “Good bye to you Alma Matter†Rev. Fr. Ramonclaro G. Mendez, OP, School Director, Mrs. Muñoz, High School Principal, Mrs. Sandra Gratuito, English Teacher, High School Faculty and Non-teaching Staff, distinguished guests, dear parents, fellow graduates, ladies and gentlemen, Good afternoon. I’ve heard a lot of valedictory addresses and usually, if not all the time they struck me as boring and bent out of formalities. All I pray is that you never get bored as I get this chance in my life to talk in the same pedestal as those boring people (hehe) A long time ago, a man once said that it is not the years in a man’s life that matters, but it is the life in his years. My fellow graduates, what does thirteen years of Aquinian education mean to you? Is it just time that has come and gone? Is it the years that have finally come to an end? Or is it more than just that? My brothers and sisters, if that is all what they mean to you, then I am sorry that you have failed to reap the fruits of your labour. These eleven years are filled with more than just months, weeks and days of experience and learning. The last four years I have spent studying in Aquinas with you, my fellow classmates, makes me truly say that I am better than what others say I could be. In fact, we all are, whether we know it or not. As a class, we may have gone through many difficult trials, events that shattered our unity. There...
Words: 378 - Pages: 2
...Part One * You are the news director of a local television station. The city council has just voted to close city parks 3 days a week to save money. Meanwhile, a major celebrity has died. The park story has greater effect on your viewers, but the celebrity death will get bigger ratings? Which do you make your lead story and why? For some unknown reason, news has become more than a center of information. It has become the platform of entertainment. Ratings have increased when the news includes celebrity highlights or “gossip.” This is where it gets hard as a news director. Trying to make the best judgment to not jeopardize ratings but to also be informative. Standing between what affects the viewer and what will bring more rating to the station. This is where as a director I would have to play it smart. There are a couple of things to keep in mind. One is the fact that there are important things going on in the city that the citizens need to be aware of. Some people work hard and as a result don’t have the time to sit down and read a newspaper even if is online. They depend solemnly on the night news. Then we have on the other side the ones that like news that pertain only about entertainment, and this is where it gets tough. In order to keep both parties happy you try to come up with something to catch the attention of both types of viewers. Having a good marketing team that learns how to capture the different viewers attention is the key to these kinds of situations...
Words: 1131 - Pages: 5
...Succeeding at Fullerton College Transitioning from high school to college can be intimidating I know this because that is what doing right now. Everything is different from the people, to the schedule, and just the surrounding. In high school I was always that student who always did good enough, that did homework here and there. I knew that I could do the work, but never really wanted to. Instead I would have rather hung out with friends, watch TV, or go play basketball. Never wanted to study or do homework towards the end of the senior year I realized that I am capable of more. Even though I averaged a 3.0, I could’ve gotten a higher GPA if I had put in more effort. If I wanted to succeed in life then I have to start putting in the time and effort, and that starts with succeeding in college. Various of students have their own plan to succeed in school, but mine it starts with setting myself goals, time management and most importantly taking advantage of student services here at Fullerton College. First of all I’m going to set myself goals not just life goals but goals in generals. Setting goals is practically a to do list, it explains to you what is need from yourself. It is going to give me direction to my life and a purpose. I feel like if I don’t set myself goals then somehow some way I’m going to start following a path made by others. Setting a goal for me is a way to fuel my ambition. For example what I really want to do in life is to have my own show, to make people...
Words: 810 - Pages: 4
...The terms ‘best fit’ and ‘best practice’ are used in strategic human resource management literature and are applied to the specific policy area of reward systems. Each approach attempts to explain the way that HR policies in general and reward policies in particular can lead to greater organisational effectiveness. Some commentators believe that the development of the best fit model is derived from the Harvard, Michigan and New York models. Sparrow and Hiltrop (1994) claim that these models could be classified as ‘matching models’ because of their common aim is to match the human resources strategy with that of the corporation. Thorpe and Homan (2000), argue that previous developments in the design of pay systems did not directly relate to the real priorities and problems faced by organisations. Thus, the need to devise pay systems linked to business strategy arose. The underlying premise of best fit is that a close alignment between organisational strategy and other systems, including reward, can improve organisational effectiveness. Although the idea that pay should be linked strategy is not new, it received impetus in the 1990s with works by Schuster and Zingheim (1992, 1993) and Lawler (1995) discussing the merits of ‘new pay’. Lawler (1995, p. 14) states that all organisational systems must start with business strategy because “…it specifies what the company wants to accomplish, how it wants to behave, and the kinds of performance and...
Words: 257 - Pages: 2
