Memo Case Study Example | Topics and Well Written Essays - 500 words - 6

Memo - Case Study Example Airing of this content was done by only few people among the CBS employees however, they failed on their duties. In this case the entire CBS is held responsible of actions of the employees who aired the content in the course of undertaking their duties. FCC had earlier come up with three ethics, these are: explicit scenery of the portrayal of sexual organs or activities. The substance dwells on or repeats at extent portrayal of sexual organs or activities. The last one is whether the substance appears to tamper or is used to titillate, or whether it may intensify the probable indecency of broadcast. FCC has made all the principles and laws clear whereby any form of exposure is prohibited by the law. Pacifica challenge on FCCs fleeting expletives is a decent illustration of infringement of the set standards and principles by FCC. Amid a mid-afternoon radio show George Carlins monolog, was publicized by a radio station. The monologs had smudged words in it that shouldnt be said in an open wireless transmission. The audience members were cautioned prior of a probability of sensitive and offensive dialect. Later a protestation was sent to FCC by a man who claimed to have listened to the show while driving with his young child. As a result of the fact that monologue contained non-scripted spoken vulgarity obscene words during a live radio broadcast makes it an fleeting expletive The FCC and Fox can be used as a prime example in this case whereby the ABC claimed to having not received a fair advertisement preceding to the broadcasts in question from FCC. This is the fact that fleeting invectives and short-lived nudity could actionably be found indecent, , however the FCC’s over-all policy is clear and which requires it to have a context-specific inspection of each purportedly offensive program with an aim of determining whether it needs censuring or not. However, I concur that the centerori renunciation by the court is incorrect that the Super Bowl

Investing in Portfolios and CAPM Essay Example | Topics and Well Written Essays - 2000 words

Investing in Portfolios and CAPM - Essay Example If the investor chooses alternative 1 and invests all the money in Evergreen, then he can earn a return of 13.8%. Since Evergreen is a safe company, therefore the standard deviation of returns is quite low and risk coefficient is only 0.11. One must keep in mind that by investing in this company, the investor is foregoing chance of earning high returns. In other words, the investor is foregoing chance of earning high returns for increased safety by investing in this company. On the other hand, in the case of alternative 2, if the investor decides to invest in more dynamic of the two companies ACE limited, then the investor is foregoing safety of investment for high returns. This will enable the investor to earn a return which is as high as 25%. However, the risk coefficient and standard deviation for this investment is also higher at 0.31 and 7.6% respectively. A third option is to invest in the form of an equally weighted portfolio. In this case, the returns have increased from what the investor could earn by investing solely in Evergreen and at the same time the high risk of investing in Ace Ltd has also been reduced. The returns have increased from 13.8% to 19% and at the same time risk coefficient has decreased from 0.31 to 0.2. In the case of alternative 4, the investor will invest heavily in Evergreen and take very small exposure in ACE. This option is probably the worst alternative because the returns of this option are not very high, but the risk has greatly increased to 0.47. In the above scenario, we can see that the returns have increased when the investor has decided to invest in portfolios and at the same time risk coefficient has gone down. This tells us that diversification leads to lower risk and high return. However, one must keep in mind that diversification only minimizes one type of risk that an investor faces. There is another kind of risk which is known as systematic risk and it cannot be eliminated no matter how well diversified the portf olio is. Hence, there is always some chance of investors losing money even if the money is invested in the form of a portfolio. The correlation coefficient above shows that the investment in Evergreen and Ace is negatively correlated. A shrewd investor always try to invest in companies that are negatively correlate so that the downward trend in the returns of one business can be offset by the increased returns on the other investment in the same portfolio. However, since these two investments are not perfectly correlated, the portfolio is not well balance and some side will be higher than another and investor can face periods of high returns or loss depending on the market situation. It can be concluded from studying the above alternatives that it is wise for investors to not to take large exposures on one single stock. The investors should try to construct portfolios that should give equal or close weightage to all the companies in the portfolios in order to enjoy the benefits of r isk diversification. If there is one company in the portfolio which has higher weightage than the other companies ten the portfolio’s performance will be highly dependent on that one company and benefits of diversification will disappear. TASK 2: Capital Asset Pricing Model is a tool to