342 research outputs found
PROSES PEMBUATAN ROLL CAKE DI THE ALANA HOTEL SURABAYA
No full textThe purpose of writing this final assignment is to find out the process of making rolled cakes at The Alana Hotel Surabaya. The author, who also works at The Alana Hotel Surabaya as a casual pastry officer, made observations and participated in making roll cakes which have 4 types of variants, namely original roll cake, strawberry roll cake, red velvet roll cake, and The Alana Hotel Surabaya chocolate roll cake. The author concludes that in the process of making a roll cake where all the ingredients are mixed together and mixed at high speed until it expands, the roll cake is in the oven at 180o C for 17 minutes, and rolled using the filling according to the variant. When the roll cake is cold, the roll cake is ready. served
Alana - salón de belleza
No full textEl presente trabajo de investigación analiza la factibilidad de implementar un salón de belleza en el distrito de Carabayllo al norte de la ciudad de Lima. La primera razón para elegir esta ubicación es la necesidad de un establecimiento que ofrezca servicios de tratamiento de belleza femenina, donde las mujeres del distrito de más de 18 años, encuentren plena satisfacción de sus expectativas de estos servicios ofrecidos por ALANA – SALÓN DE BELLEZA. La segunda es que el autor es propietario de un local en el Gran Mercado Santa María de Carabayllo. Los servicios de ALANA – SALÓN DE BELLEZA estarán dirigidos a todas las mujeres residentes en Carabayllo que son aproximadamente 114 913, aunque nuestro segmento objetivo específico son aquellas que pertenecen a los estratos económicos más altos. La idea es ofrecer los servicios de belleza que buscan las mujeres, en un local de agradable ambientación, que sea punto de encuentro y, al mismo tiempo, colme sus expectativas. Estos objetivos serán logrados cuidando aspectos que interesan a las mujeres al elegir un salón de belleza que son, calidad de servicio y calidad de atención. Los competidores de ALANA – SALÓN DE BELLEZA son salones tradicionales que ofrecen servicios similares pero no la ambientación, ni calidad de atención y servicio que ofreceremos. Esto, así como el uso de herramientas tecnológicas que permitan un adecuado relacionamiento con cada cliente, serán elementos diferenciadores que harán que ALANA, sea el salón preferido de todas las mujeres. El análisis de mercado elaborado nos permite afirmar que en Carabayllo existe el potencial para el desarrollo de esta idea así como para su crecimiento futuro, aspectos que lo convierten en un proyecto altamente rentable y sostenible en el tiempo. El proyecto será iniciado con una parte de capital propio y otra de financiamiento bancario.The present research work analyses the feasibility of implementing a beauty salon in the district of Carabayllo, northern side of Lima city. The first reason to go for this location is the necessity of a place that will offer beauty treatment services, where district’s women older than 18 years, can fulfill their expectations related to those services offered by ALANA – SALÓN DE BELLEZA. The second one is that the author owns a place into the facilities of Gran Mercado Santa Maria in Carabayllo. ALANA – SALÓN DE BELLEZA services will be directed to all women residents of Carabayllo that reach approximately 114 913, nevertheless our specific objective market segment include those belonging to the highest economic strata. The idea is to provide beauty services to women, in a place with a pleasant atmosphere, becoming a meeting point for clients and, at the same time, see their expectations fulfilled after visited the salon. These objectives will be achieved taking care of aspects that are of women interest when they make their beauty salon election that are, quality of service and quality of attention.
ALANA - SALÓN DE BELLEZA competitors in Carabayllo are traditional beauty salons that offer similar services but without the pleasant atmosphere, neither the quality of service and attention, that ALANA will offer. This, as well as the use of technological tools that will allow the establishment of a good client relationship, will be differential elements that will make ALANA, becoming the preferred beauty salon for them. Our market analysis allows us to conclude that Carabayllo has the potential to implement an idea like this one, and for its future growth, aspects that positions this project as a highly profitable and sustainable one over time. This project will be initiated with own investment and banking financing for the remaining balance
Race, Post-Race
No full textThe talk examined the persistence of race in purportedly postracial times. Why do racial logics continue to underpin disparities in social, economic, cultural and political opportunities despite official commitments to the eradication of racism, not only within individual states but across them? Alana Lentin built on Barnor Hesse’s invocation of a ‘raceocracy’ which rules performatively and as a system for the management of human life. Zoning in on the global laboratory for the ‘production of horror’ that is the Australian system of mandatory detention for asylum seekers, she examined the co-dependency between the maintenance of the racialized border and professed commitments to a postracial future, a division which entrenches a divide between purified inside and the contaminants that lurk outside the contemporary racial state. Alana Lentin is Associate Professor of Cultural and Social Analysis at the University of Western Sydney and member of the Institute for Culture and Society. She works on the critical theorization of race, racism, antiracism and multiculturalism and is a long-time antiracist activist. She is the author of Racism and Anti-Racism in Europe (2004). Racism (2008) and the co-author of The Crises of Multiculturalism: Racism in a Neoliberal Age (2011, with Gavan Titley). She is currently working on the transformation of race in digital times. Her website is www.alanalentin.net
Interest rate dynamics in Kenya: Commercial banks’ rates and the 91-Day Treasury bill rate
No full textThis paper analyses the implicit dynamics underlying the interest rate structure in
Kenya. For this purpose we use data on four commercial banks’ interest rates (Deposits,
Savings, Lending and Overdraft) together with the 91-Day Treasury Bill rate, for the
time period July 1991 – August 2010, and apply various techniques based on long-range
dependence and, in particular, on fractional integration. The results indicate that all
series examined are nonstationary with orders of integration equal to or higher than 1. The analysis of various spreads suggests that they also are nonstationary I(1) variables, the only evidence of mean reversion being obtained in the case of the Deposits – Treasury Bill rate spread with autocorrelated errors.The second-named author gratefully acknowledges financial support from the Ministerio de Ciencia y Tecnología (ECO2008-03035 ECON Y FINANZAS, Spain) and from a PIUNA Project of the University of Navarra
Fractional integration and cointegration in US financial time series data
No full textThis paper examines several US monthly financial time series data using fractional
integration and cointegration techniques. The univariate analysis based on fractional
integration aims to determine whether the series are I(1) (in which case markets might
be efficient) or alternatively I(d) with d < 1, which implies mean reversion. The
multivariate framework exploiting recent developments in fractional cointegration
allows to investigate in greater depth the relationships between financial series. We
show that there exist many (fractionally) cointegrated bivariate relationships among the variables examined.The second-named author gratefully acknowledges financial support from the Ministerio de Ciencia y Tecnología (ECO2008-03035 ECON Y FINANZAS, Spain) and from a PIUNA Project of the University of Navarra
The weekly structure of US stock prices
No full textIn this paper we use fractional integration techniques to examine the degree of integration of four US stock market indices, namely the Standard and Poor, Dow Jones, Nasdaq and NYSE, at a daily frequency from January 2005 till December 2009. We analyse the weekly structure of the series and investigate their characteristics depending on the specific day of the week. The results indicate that the four series are highly persistent; a small degree of mean reversion (i.e., orders of integration strictly smaller than 1) is found in some cases for
S&P and the Dow Jones indices. The most interesting findings are the differences in the degree of dependence for different days of the week. Specifically, lower orders of
integration are systematically observed for Mondays and Fridays, consistently with the “day of the week” effect frequently found in financial data.The second-named author gratefully acknowledges financial support from the the
Ministerio de Ciencia y Tecnología (ECO2008-03035 ECON Y FINANZAS, Spain) and from a PIUNA Project from the University of Navarra
Estimating persistence in the volatility of asset returns with signal plus noise models
No full textThis paper examines the degree of persistence in the volatility of financial time series using a Long Memory Stochastic Volatility (LMSV) model. Specifically, it employs a Gaussian semiparametric (or local Whittle) estimator of the memory parameter, based on the frequency domain, proposed by Robinson (1995a), and shown by Arteche (2004) to be consistent and asymptotically normal in the context of signal plus noise models. Daily data on the NASDAQ index are analysed. The results suggest that volatility has a component of longmemory
behaviour, the order of integration ranging between 0.3 and 0.5, the series being
therefore stationary and mean-reverting.The second-named author gratefully acknowledges financial support from the Ministerio de Ciencia y Tecnología (ECO2008-03035 ECON Y FINANZAS, Spain) and from a PIUNA project at the University of Navarra
The Crises of Multiculture?
No full textAcross the West, something called multiculturalism is in crisis. Regarded as the failed experiment of liberal elites, commentators and politicians compete to denounce its corrosive legacies; parallel communities threatening social cohesion, enemies within cultivated by irresponsible cultural relativism, mediaeval practices subverting national ‘ways of life’ and universal values. Muslims have been the chief beneficiary of this discredited epoch; licensed by its delusions, they have been left unsupervised, and the proliferation of ghettos, extremism and illiberal excesses is the troubling result. This book challenges this familiar narrative of the rise and fall of multiculturalism by challenging the existence of a coherent era of ‘multiculturalism’ in the first place. Instead, what we are witnessing is not so much a rejection of multiculturalism as a rejection of lived multiculture. In documenting this mainstream racism and the anxieties that inform it, Lentin and Titley argue that the crisis is a projection of neoliberal societies’ disjunctures, a projection now obvious in fantastical discourses of integration. Combining theory with a reading of contemporary events, it examines the transnational, mediated nature of crisis, and argues that it provides activists with a chance to transcend the limitations of culturalised politics for an internationalist commitment to a resurgent anti-racism. Programme: Book presentation by Alana Lentin (University of Sussex / ICI Berlin) and Gavan Titley (National University of Ireland Maynooth) Response: Gary Younge, Award-winning journalist for the Guardian and The Nation and author of Who are We – and Should it Matter in the 21st Century? Followed by a discussio
Racism and Ethnic Discrimination
No full textDespite the long struggle to eliminate racism, it is still very much with us. Since 9/11, racism appears to be on the rise, making it more important than ever before to understand the meaning of race and the effect it has on society. Author Alana Lentin maps the emergence and development of ideas about race through political history right up to modern debates about multiculturalism and Islamophobia, and considers the implications of a "post-racial" society at a time when science has shifted focus to genetics over culture. Provocative and intelligent reading for the newcomer and expert alike, this invaluable resource exposes the roots of racial thought and demonstrates why it has remained crucial to our everyday lives
Testing PPP for the South African Rand/US Dollar exchange rate at different frequencies
No full textThis paper tests the PPP hypothesis for the South African rand/ US dollar real exchange
rate using a fractional integration framework. The results suggest that the real exchange rate of the South African rand with respect to the US dollar is a highly dependent variable with an order of integration very close to 1. This finding is not affected by the data frequency considered (daily, weekly or monthly). Also, there appears to be a single break in December 2001 (possibly corresponding to a change in the monetary policy framework), with the unit root null being rejected in favour of d > 1 for the periods before the break, but not afterwards. Thus, our results strongly reject the PPP hypothesis for the South African rand / US dollar rate across data frequencies.The second-named author gratefully acknowledges financial support from the
Ministerio de Ciencia y Tecnología (ECO2008-03035 ECON Y FINANZAS, Spain) and from a PIUNA Project of the University of Navarra
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