The Domestic Box Office Gross Receipts Counted - 1080 Words

The domestic box office gross receipts counted of $9.66 billion in movie ticket sales in 2014, a 4.5% retreat from 2012 and 2013. This totals about 1.18 billion movie tickets sold. The top grossing films of the year were Guardians of the Galaxy, Captain America: The Winter Soldier, The LEGO Movie, Transformers: Age of Extinction, Maleficent, X-Men: Days of Future Past, Dawn of the Planet of the Apes, The Amazing Spider-Man 2, Godzilla, and 22 Jump Street. Regal Entertainment recent released that they are considering â€Å"strategic alternatives†, hinting at a possible sell of the company. Regal Entertainment’s quarter net income in October 2014 was $26.7 million which is down from $75.1 million earlier in 2014. US consumer spending on home†¦show more content†¦Digital trends have not been enough to offset loss from CDs and downloads, according to the RIAA report released for the first half of 2014. Sales declined a total of 4.9%, equaling less than $3.2 billion total. The first half of 2014 showed an 11.6% decline in digital album sales compared to the first half of 2013. 2c. SWOT analysis of the industry as of 2015 The film industry sees a 32% rise at the Chinese box office in 2014. The overseas interest in film has been steadily increasing and has reached $3.55 billion in the first half of 2014. Blu-ray, electronic sell through (EST), and subscription based streaming technology has supplemented the movie and entertainment industry and are reportedly still growing according to the Digital Entertainment Group (DEG). The television industry is expanding into locker services, which allows consumers to store purchased content online to download later on multiple platforms. The radio industry had a 57% increase year over year in streaming internet radio. The Global Entertainment and Media Outlook 2014-2018, released by consulting firm PricewaterhouseCoopers, predicts music streaming revenue to reach $1.7 billion by 2018. The domestic box office has shown a decline in the sales of tickets to consumers. This means that the theaters are losing its audience. Competition from other forms of media are threatening to eradicate film. 3D movies are not succeeding in the market as hoped and the domestic revenue

Great Expectations Morality Vs. Mobility - 1363 Words

Matthew Goriachkovsky Ms. Lyons AP English Literature 8 December 2014 Great Expectations: Morality Vs. Mobility Great Expectations, by Charles Dickens, represents the morality and ambition of self improvement in Victorian England. Dickens’s early life, which was during the Victorian era, has hidden connections with Pip’s situations and struggles. This paper will explore and be supported by the concepts of two literary criticisms, Himmet Umunà §Ã¢â‚¬â„¢s, â€Å"Class Mobility in Victorian England and the Social Rise of the Underprivileged† and Nicholas Shrimptons, â€Å"Dickens’s Muscular Novel†. Umunà §Ã¢â‚¬â„¢s and Shrimpton dive into the deeper meaning of Great Expectations and how it shows the triumph of morality over mobility. It is important to revisit Dickens’s past because Great Expectations represents many aspects of his early life. Dickens was born in 1812 and moved to London in 1821 when his father accumulated consistent debt. His father was sent to debtor’s prison in 1824 and Dickensâ₠¬â„¢s mother decided that their children would stay with their father, in prison. Dickens’s mother arranged for him to work outside of prison to support the family. Dickens was miserable and hated his job because he believed he was capable of more. Once Dickens’s father was released from prison and Dickens finished schooling, he became a law clerk and then a famous writer. 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Interpreter of Maladies Free Essays

Interpreter of Maladies by Jhumpa Lahiri Coursework activities booklet 2013 A Temporary Matter 1. Create a diagram of the orientation, complications (rising tension), climax and resolution of the story. 2. We will write a custom essay sample on Interpreter of Maladies or any similar topic only for you Order Now How do the characters overcome the narrative complications? 3. From whose perspective is the story told? Why are we denied the other point of view? Whose story is it, Shoba’s or Shukumar’s? 4. How does Lahiri give depth to the characters in the first 2 pages? 5. What evidence of tension does the reader get in the first 2 pages? 6. How have Shoba and Shukumar changed since the still birth? 7. Why do they find it so hard to communicate? Why is it so much easier in the dark? 8. List the revelations that the 2 characters reveal. Why does Shukumar tell Shoba his last revelation? 9. Why does the story end with the Bradfords walking past? 10. Although this story is based on Indian characters, is it necessarily an ‘Indian’ story? 11. How does the title refer to more than just the blackout? 12. Lahiri often gives the reader clues as to what will happen before the characters themselves are aware. What clues are given in this story? 13. Many of Lahiri’s stories use the natural world to underline a theme. How is the natural world used in this story? 14. How important is food in the story? What might it symbolise? 15. Writing task: take a section of this story and change the perspective – tell it from Shoba’s point of view. How would her perspective alter the story? 1 page Vocabulary: dissertation, superfluous, agrarian, methodically, cavernous, paprika, candelabra, bulbous, dysentery, diction When Mr. Pirzada Came to Dine 1. Who is the narrator of the story? Whose story is it? 2. This is one of the stories that deal with the immigrant experience. How do the adults in the story try to fit into American society? Answer in detail, using examples from the text. 3. Analyse the use of food and the natural world as symbols in this story. 4. What does Lilia represent for Mr Pirzada? 5. Why does Lilia keep eating the candy when Mr Pirzada leaves? Why does she eventually throw the candy away? The Pumpkin Carving: 1. Why does Mr Pirzada decide to ignore the television so they can carve the pumpkin? What does this suggest about his relationship with Lilia? 2. Why is there a close description of what Mr Pirzada is wearing, down to his opal cufflinks? Think about it in the context of wanting to be like Americans. Why then do his clothes ring false? 3. Why do the family and Mr Pirzada eagerly engage in the carving of the pumpkin? What does this suggest about their attitude towards their adoptive country? 4. What similarities are there between Mr Pirzada and the reporter on the television? What effect does this have on the reader? 5. Why does Mr Pirzada seem so competent and confident carving the pumpkin? What does this suggest about him? 6. What effect does the eventual shape and size of the Jack-o-Lantern have on the reader? Why is it important to the story that it does not look correct? 7. Why is this an important passage in the story? 8. What is the significance of Lilia teaching the adults to carve the pumpkin? Vocabulary: ascertain, autonomy, botany, compatriot, sovereignty, camphor, fez, disproportionate, haphazard, placid Mrs. Sen’s 1. Who is the narrator? Whose story is it? What advantages are there in not using the first person in this story? 2. How well has Mrs Sen adjusted to life in the USA? Is she at peace in her new life? Explain, highlighting the struggles she has faced. 3. Why did Mrs Sen insist on driving to the fish store? 4. Secrets are a recurring theme in Lahiri’s stories. What secrets are kept in this story and why? 5. What Indian traditions and customs are highlighted in this story and what is the significance of these to Mr Sen in comparison to his wife as they start their new lives in the USA? 6. Unlike other stories, Mrs Sen’s has many settings. Why do you think Lahiri has extended the settings for this story? 7. How is Elliot presented? How does life at Mrs Sen’s compare with life with his mother? Vocabulary: remnants, protuberant, flourishes, palanquins, audibly, periwinkle, quahogs, vermillion, portico, complementary Third and Final Continent . What is the relevance of the title? 2. What does ‘splendid mean and what attitude to life does it suggest? 3. Give your views of the narrator, Mala and Mrs Groft? 4. What impact does Mrs Croft have on the narrator? 5. Why are the moon landings included in the text? 6. Why is the narrator nameless? 7. What is the significance of the final passage of the story? Vocabulary: intolerable, occupancy, clamorous, perpendicular, stucco, desolate, proposition, oblivious, salutation, interlude Interpreter of Maladies 1. How is this story different to those we have read so far? 2. Narrator, food, landscape – you know the drill by now! What do they reflect and how are they important? 3. ‘†¦ it was hard to believe they were regularly responsible for anything other than themselves. ’ (pg 49) What type of parents are Mr and Mrs Das? Provide examples from the text and also comment on how Mr Kapasi sees their parenting skills. 4. What is the impact of Mr Das calling his wife ‘Mina’? 5. How is the gulf between the 2 cultures shown through the characters? What are the most obvious differences between the guide and his clients? 6. Discuss the impact of the description of the characters’ clothing. . Why has Mr Kapasi compromised his life? 8. Why does Mrs Das reveal her secret to Mr Kapasi? 9. How are Mr Kapasi and the monkeys similar in the last scene? What is symbolic about the address floating away? 10. Essay response (500 words/2 pages with quotes): ‘The stories we tell ourselves are more important than our realities . ’ Discuss Think about what this question is asking you, and then relate it to both Mr Kapasi and Mrs Das. * What stories do we tell ourselves? How do they often clash with reality? * Which story holds more sway over us? Does more important mean that it is necessarily better for us? Is it better to live with a vision of the world that is not accurate over truth and reality? Vocabulary: malady, translucent, emaciated, etymology, exorbitant, indifferent, magenta, eloquently, edifice, solemnly This Blessed House Character study: 1. Compare and contrast Twinkle and Sanjeev, using at least 3 examples for each and 3 quotations for each. (You may double bubble if you wish. ) 2. Are Twinkle and Sanjeev suited to each other? Will their marriage last? Justify your answer. 3. What have we learned about Indian marriages in the stories we have read so far? A Temporary Matter, Mrs Sen’s, Mr Pirzada, Third and Final, Blessed House. ) How successful are they? 4. How is Twinkle differ ent to the Indian characters we have met so far? Explain in detail. Extract study (Inside Stories study guide – VATE – Andrew Doyle): Sanjeev feeling he has the house to himself during the party, p 155- 157 This extract from the end of ‘This Blessed House’ is at the tail end of the party. While it displays Sanjeev’s inability to have fun and his irascibility, it does show his growing understanding of love and acceptance. The extract ends with him carrying the bust of Jesus down for Twinkle. . What does the religious iconography represent in the story? 2. Why does he want to be undisturbed? What is his desire for a quiet night really about? 3. What does the reference about the liner notes indicate about his personality? 4. Is his desire to tear down the posters about them being blasphemous or is it about something deeper? 5. What is the stated reason for not pulling the ladder up? Where is the comedy or humour in this reason? 6. What seems to be the source of his anxiety and the knotting in his neck? 7. What stops Sanjeev from going into the bedroom? What does this suggest about his feelings towards Twinkle? 8. What is the relevance of her finding the kitschiest of the objects at this point in the story? What sort of test is Sanjeev being put through by the writer? 9. List the reasons why he hates the silver bust. What do you think is the most important? Why? 10. What seems to be the consolation to having this thing he hates on the mantel? Is this consolation enough to keep him happy? 11. Why is Sanjeev careful with the feather hat? What does it show about him? 12. In what mood do you think Sanjeev leaves the story? Essay practice: 1. Making connection between people is difficult. Discuss with reference to at least 3 of the stories we have studied so far. 500 words. A Real Durwan The Treatment of Bibi Haldar 1. These 2 stories do not reflect the same issues as the other stories in the collection. Do you agree? 2. Bibi and Boori Ma are not sympathetic characters. Discuss. 3. These 2 stories show how vital it is to belong to a community. Do you agree? 4. Both of these stories could be described as fables, as they have a strong message. Discuss. 5. To be different is a curse. Discuss. . Create 10 questions for each story, in the style of the ones you have been given in the past. Vocabulary (A Real Durwan): durwan, enumerated, deportation, litanies, almari, punctilious, parapet, diaphanous, sedulous, recriminations Vocabulary (Bibi Haldar): throes, poultice, auspicious, fruitless, pallid, replenish, non sequiturs, paroxysm, propitious, imprudent Sexy 1. Create a diagram of the orientation, complicat ions (rising tension), climax and resolution of the story. 2. How do the characters overcome the narrative complications? 3. Food, landscape, narration. 4. How does Lahiri give depth to the characters in the first 4 pages? 5. What is the purpose of telling the reader Miranda and Dev are having an affair in the early stages of the story? 6. How is Miranda presented to the reader? Give examples from the text. 7. How is Dev’s personality portrayed? Use evidence from the text to support your answer. 8. What is the purpose of the explicit description of the products at Filene’s make up counter? 9. Although this is a story based on Indian characters, is it necessarily an ‘Indian’ story? Would it be more of an ‘Indian’ story if Miranda was of the same cultural background as Dev? 0. Identify the major themes in the story and provide examples from the text. 11. Why does Miranda put on the dress for the young boy? 12. Why is Rohin’s character written in such an unappealing way? Revision: character 1. Complete the attached character boxes sheets. 2. List the following categories of characters and thin k about how Lahiri presents them: * Children * Single adults * Married couples (no children) * Married couples (with children) * Older adults 3. Make a list of the characters that are similar. How could you use them to prove a point in an essay? 4. Re read Lahiri’s use of descriptive language to introduce each character. How does she convey so much information about the characters in a relatively short time? 5. Practice questions on character: a) All of the children in Lahiri’s stories are searching for an identity. Discuss. b) None of the characters in these stories are at peace. Do you agree? c) While the character’s lives remain largely unchanged, they do undergo a transformation. Do you agree? d) â€Å"They wept together for the things they now knew. † Discuss how the characters in these stories are all on a journey of self discovery. ) Many of the characters in these short stories are negotiating the hurdles of forming a new relationship. Discuss. Revision: style Short story structure: The stories fall into 2 categories: * Classic structure – orientation, complications, resolution. In these stories the characters learn more about themselves by solving a problem or overcoming an obstacle. * Observational structure – a glimpse into a moment of the character’s life, rather than a problem to be solved. In these stories we are shown how people are, they are more about character than plot. 1. Divide the stories into classic and observational. Justify your choice. 2. Do you think that this is a collection of separate and independent stories, or a story cycle, that is, stories that are united by a common character, location, pattern or set of concerns? Justify your answer. Narration: 1. Make a list of the stories’ narrators and next to that who the central character of the story actually is. Why do you think Lahiri chooses to do this? 2. What is the effect of using children as narrators? 3. What is the effect of using a narrator who is looking back at an event that has already occurred? Foreshadowing: 1. Often the reader of the short story is aware of a character’s faults or impending doom before they are. Consider the following examples: * Miranda – we know that her relationship with Dev is unlikely to work well before she does, through the fact that as soon as his wife comes back, they no longer leave the house. He also fails to call as often as he once did. (pg 93/100) * Shukumar – we realise that Shoba is preparing to leave him by the way she is dressed on their last night. (pg 20) * Bibi Haldar – is told early in the story that she will be saved by a man, which the character’s assume is a husband, when ultimately it is her son. * Think about the other stories and see if you can find any examples of foreshadowing. Descriptive language: Chapter: The Real Durwan Description| Technique| Effect| ‘†¦ brittle with sorrows, as tart as curds, and shrill enough to grate meat from a coconut. ’ (70)| Metaphor| Emphasises the harsh nature of Boori Ma’s voice, gives the reader several points of comparison in the form of the senses, taste particularly. | ‘†¦ Boori Ma could see some light spilling into the stairwell. ’ (71)| Metaphor| Gives the lights a quality that it doesn’t actually posses, that of movement. The reader has the impression of the light coming in a gush, quickly. | ‘Boori Ma’s mouth is full of ashes†¦ (72)| Metaphor| Implies that Boori Ma’s words are not true, that her history (refugee of Partition) is up in flames, now ashes. | ‘†¦ our mosquito nets were as soft as silk. ’ (74)| Simile| Compares the nets to silk to show the reader how luxurious Boori Ma’s former life was. | ‘†¦ wha t burned like peppers across her thinning scalp and skin†¦ ’ (75)| Simile| Compares the sensation on her back with that of the heat of peppers. This gives the reader a sense (taste, touch) so as to empathise with the character. | ‘It (the rain) came slapping across the roof like a boy in slippers too big for him†¦ (75)| Personification/Simile| The rain is give a quality of a human initially (slapping) to emphasise how heavy and sudden the rain is. Then it is compared to the sound of slippers to help the reader imagine the sound more accurately. | ‘†¦ she knew her quilts were turning into yoghurt. ’ (76)| Metaphor| The rain is making her quilts soggy, the same consistency as yoghurt. | * Create your own table for another 3 of the stories in the collection. Symbolism and iconography Lahiri uses symbols and iconography to enhance the meaning of her stories. Think about the following symbols and what they represent: Symbol| Stories| Examples| Food| | | Natural landscape| | | Clothing| | | Housing| | | She also uses a particular icon attached to a character to reinforce her point. How do these icons reflect the character’s personalities? Story/Character| Icon| Meaning| This Blessed House/Sanjeev| Liner notes| | A Temporary Matter/Shoba| Coloured pens| | Mrs Sen’s/Mrs Sen| The knife| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Practice SAC questions for style/structure: 1. Jhumpa Lahiri uses metaphors and symbols to enhance the point of the stories. Discuss with reference to at least 3 stories in Interpreter of Maladies. . The stories are quite clearly related through a common theme. Do you agree? 3. What are the advantages of Lahiri using children as narrators? 4. Lahiri often sets up contrasts between characters and situations to show the universal nature of humans. Discuss. 5. How does the imagery from the natural world influence these stories? Revision: themes 1 . Theme pages. Make a page in your book for each of the following themes: * Loneliness * Belonging * The migrant experience * Marriage * Identity * Human contact/connections Now brainstorm everything you can think of about that theme. Create a table: Theme| Evidence in the stories| Relevant quotes| | | | Character: Mr Pirzada Physical description| | History| | Personality traits| | Audience impact| | Quotations| | Character: Bibi Haldar Physical description| | History| | Personality traits| | Audience impact| | Quotations| | Character: Boori Ma Physical description| | History| | Personality traits| | Audience impact| | Quotations| | Characters: Shukumar and Shoba Physical description| | | History| | | Personality traits| | | Audience impact| | | Quotations| | | Character: Mrs Das and Mr Kapasi Physical description| | | History| | | Personality traits| | | Audience impact| | | Quotations| | | Character: Mrs Sen Physical description| | History| | Personality traits| | Audience impact| | Quotations| | Characters: Twinkle and Sanjeev Physical description| | | History| | | Personality traits| | | Audience impact| | | Quotations| | | Characters: Miranda and Dev Physical description| | | History| | | Personality traits| | | Audience impact| | | Quotations| | | Characters: Narrator and Mrs Croft Physical description| | | History| | | Personality traits| | | Audience impact| | | Quotations| | | How to cite Interpreter of Maladies, Papers Interpreter of maladies Free Essays From the very beginning of the story the narrator depicts a very burdensome life. After leaving his homeland of India, he describes the first place he lived In London as: â€Å"a house occupied entirely of penniless Bengali Bachelors Like [himself], at least a dozen and sometimes more and all struggling to educate and establish ourselves abroad†(Lair 173). This is the perfect example of the narrator’s determination to be successful in life and also the major hardships he will have to endure. We will write a custom essay sample on Interpreter of maladies or any similar topic only for you Order Now This also portrays how the narrator accepts and is aware of his inevitable transformation through education and hardships. He knows that his struggles will eventually lead to the ultimate achievement of revealing over three continents. After surviving on the bare minimum in London for about flee years the narrator is offered a fulfillment job in America at the prestigious MIT, which will be his third continental move. Before he sets off abroad he must go back to Calcutta to fulfill an Indian tradition of an arranged marriage. The narrator sees his marriage as Just another mundane chore and focuses instead on adjusting to his new life as an Indian immigrant In America. While he waits for his new wife’s green card he looks for a cheap room to rent, which Is where he meets the first American he truly admires. Mrs.. Croft is first portrayed as an insignificant ranting old crippled woman that lives alone and rents out rooms, but when her age is revealed, the narrators whole perspective changes; after all he had assumed that she was only in her eighties. She then becomes a special and memorable person to him because he is absolutely astonished and Impressed that a one-hundred and three year old woman could still more or less be Independent or even coherent for that matter. This Is due to the fact that he mentions his own mother completely falling apart after his father passed away. He goes so far as to say: â€Å"What pained me the most was to see her so unguarded, to hear her burp after meals or expel gas in front of company without the slightest embarrassment† (Lair 1 87 ). Seeing a widow like Mrs.. Croft so bold and quick-witted, yet so fragile, was refreshing and positively inspiring to him. The way he acknowledges her life, â€Å"As vigorous as her voice was, and imperious as she seemed, I knew that even a scratch or a cough could kill a person that old, each day she lived, I knew, was something of a miracle† (Lair 188). The significance of this quote shows that Mrs.. Croft was a big contribution to the narrators realization of an ever changing world where adaptation is the key to survival. As the the narrator waits the six weeks for his wife to arrive he is more than happy to make It a routine to simply sit down next to Mrs.. Croft each night and give her a little of his company. He feels compelled to do more but being of no relation he Crofts and find an apartment suitable for two people. It is peculiar that he not exactly anxious for his wife to Join him in America. He refers to her arrival as â€Å"the arrival of a coming month, or season – something inevitable, but meaningless at the same mime† (Lair 189). These are his feelings in the beginning when he only knew his wife for a mere five days. Once she is there she makes an effort as a dutiful wife by sprucing up the In conclusion the narrator encounters an internal conflict, he slowly becomes an Americanizes Indian with attempts to maintain his original Indian culture. His conflict comes to a head when speaking of his son because it is clear that he is afraid that his son will abandon their Indian traditions. A prime example is the following quote: â€Å"So we drive to Cambridge to visit him, or bring him home for a keen, so that he can eat rice with us with his hands, and speak in Bengali, things we sometimes worry he will no longer do after we die†(Lair 197). His attempt at being the modern American occurs when he tells his wife that she does not have to wear her sari all the time, â€Å"There is no need to cover your head, â€Å"l said. † I don’t mind. It doesn’t matter here† (Lair 192). Another example is when the narrator tries to retain his original traditions by eating egg curry and walking barefoot throughout his house. Egg curry seems to be the one thing the narrator holds onto which is obvious because he cooks egg curry in all three continents. How to cite Interpreter of maladies, Papers

Ambiguity Aversion and Household Portfolioâ€Free Samples to Student

Question: Discuss about the Ambiguity Aversion and Household Portfolio. Answer: Introduction: The purchase of any item or assets in belief that it can produce maximum benefits or income in near future is called as the investment in general terms. In economics, goods are purchased to use them in the near future not in present conditions to generate maximum income or money is called as the investment. Residential, non-residential, human capital and inventory are some types of investments (Bodie et al, 2014). The technique of risk Management which includes different varieties for investment within any portfolio is called as the investment diversification. The reason to select investment diversification in economics is that different varieties of investments within any portfolio will produce higher returns on an average basis and also low risks associated with it as compared to investments which are done on individual basis within any portfolio. The diversification for household assets can be measured using the Gini Index. This index has been preferred for household diversification as it has both statistical and theoretical properties for the analysis and also all findings will be done by comparing equality diagonal with the Lorentz curve (Gaudecker and Von, 2015). Further, it measures all household distribution by directly comparing across population using certain specific weights. The index can be measured using the formula as, The households during the diversification can also be classified into various components like superannuation, vehicles, business value, home value, bank accounts, trust funds, cash investments, equity investments, other assets value or insurance policies. From all these, bank accounts, superannuation and equity investments shares the largest part in households investment portfolio (Macours and Vakis, 2014). The household suffer various risks during the investment like health risk, expenditure risk or income risk associated with labour market. Further, there are several other factors as well which determines investment risk for the households like age, net worth, income, occupation, social interaction, living place, and educational attainment. The household assets which are constrained with liquidity and who have more income or net worth have more chances to diversify their investments. The demographic factor like age will also affect diversification as increase in age will increase investment diversification factor and with less risks (Fransen and Mazzucato, 2014). The relation between social interaction and educational attainment will also enhance chances for more diversification in the investment and also reduces chances of risks on the investment within portfolio. If there is less investment on different assets, then there will be more chances of risks associated with household investment and will affect diversification of household assets. Further, the risk or returns for every household will be different and will depends on different categories like their income, net wealth, employability, age, living place and many more. Corporations: From the economical perspective, it has been found that diversification has certainly increased the borrowing capacity for most of the companies and corporations all across the globe. There are carious drivers which are associated with the corporate diversification like investment efficiency, productivity, financial constraints, and information asymmetry or agency conflicts (Hartzell et al, 2014). The diversification in corporations will provide more opportunities related to investment and capital funding. The corporations who are looking to expand their business operations and market share will be mostly affected by the diversification. The diversification enables corporations to transfer their capital for different financial projects at expenses of other financial resources. These also reduce risks associated with cash flows and provide more access for the credits in order to enhance business operations. The diversification in corporations has enhanced cross pledging effect which certainly provides more finance for the companies to invest in order to enhance business operations (Junior and Funchal, 2013). The various empirical studies also define the investment advantages and different financial resources for the corporations from the diversification factor. It has also analysed that different credit constraints has also enhanced efficiency to allocate internal resources of finance in case of extreme harsh market conditions. The diversification will help in such cases to the companie s to provide advantages of investment and at the same time also enable the corporations to allocate resources on more cost effective projects rather than on projects which are less efficient. Further, diversification in case of corporations can be defined in two stages that are on the basis of Herfindahl index and on the basis of segments which are associated with the corporations. The Herfindahl index is mainly sum associated with percentages for net revenues on the reportable segments associated with the corporations (Najeeb et al, 2015). If there is one segment then the indexs value will be one and these provides its closeness to zero for the corporations which are more diverse in nature. The corporation diversification defines negative relationship among growth opportunities and leverage. These also provide more growth opportunities for the corporations which have high leverage. The companies which are large in size have high diversification level and bankruptcy risks are also low which provides more credits facilities for such corporations (Damodaran, 2016). If corporations have not enough credit facilities then there will be more chances of bankruptcy resulted in lower degree level for diversification. Tangibility resources of corporations will provide more chances for diversification and reduces debt characteristics of the corporations in order to provide maximum leverage benefits. Government: It is the responsibility of the governments to protect funds of the public and also to manage publics investment for achieving all investment objectives for liquidity, return and safety. Generally, if more risks associated with investment portfolio then there will be more opportunities for better returns. The Management for risks needs to be done effectively to achieve all objectives of the investment. Diversification is the medium which can be efficiently used as strategy to manage all the risks associated with the investment (Government Finance Officers Association, 2016). Government needs to implement targeted risk profiles which include constraints or objectives of investment, risk tolerances, current risks or liquidity requirements for the market. This type of profile helps to create framework to make all investment decisions on individual basis which reduces market risks and establish required structure for investment portfolio. Further, appropriate risk profile will help the government to determine diversification level. There are various risks associated with diversification related to government like interest rates, credit risk and liquidity risk (Dimmock et al, 2016). These risks can affect various business operations and other loan rates which can affect both the households and the corporations. If the interest rates for loans will be low, then there will be more chances for individuals and corporations to take loans so that can effectively invest on various objectives. Conclusion: From the above discussion, it is evident that the various government policies are affecting the diversification level for both households and corporations. The bank rates needs to be reduced in order to enhance more investment opportunities for households and corporations as these will also create lower risk level for various financial activities. The various external factors like inflation or globalization may also affect the level of diversification. It is also observed that if there will be more investment then there will be more chances for more returns due to diversification and also reduces risk levels associated with different financial resources. References: Bodie, Z., Kane, A. and Marcus, A. (2014) Investments, 10e.USA: McGraw-Hill Education. Damodaran, A. 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