How Does And Probability Make You Win Money On Blackjack...

The research question for this internal assessment is: How does and probability make you win money on Blackjack? Blackjack is the most common gambling game at casinos around the world. The aim of this game is to get as close to 21 without going over. You play against the dealer. Therefore, as in many other casino games, probability has to be taken in consideration to be aware of the possible outcomes in regard to cards and money. In the moment of truth, many players tend to hesitate, speculate and guess in their pursuit of winning each hand. Nevertheless, mathematics may serve as a crucial tool to know what to do on each move. Throughout examining the probability at each outcome and at each circumstance, players have the ability to actually gain a higher profit after a night-out in a casino. This can also be seen from a different point of view. Probability is defined as â€Å"the extent to which an event is likely to occur, measured by the ratio of the favorable cases to the whole n umber of cases possible.† Consequently, probability will not always win you hands when playing Blackjack since after all, outcomes may not follow what probability indicates since it’s not 100% accurate. There are many things to take in consideration when playing Blackjack. Every player is dealt two cards facing up as well as the dealer though one of his hards is facing down. The player has several options depending on the cards he has been given. The options available are to hit (ask for anotherShow MoreRelatedMaking a Killing: How Card Counting Really Works and What Casinos do to Prevent It1950 Words   |  8 Pagesway to get the money they owe Mr. Chow in order to have the groom to be, Doug, returned to them. Phil, Stu, and Alan devise an intricate scheme that uses card counting while playing Blackjack to win a lot of money. The scheme uses many distractions such as Stu, and his stripper wife, acting as a distraction as well as Phil making lots of noise and obscene gestures to the cameras of the casino in order to bring attention to him and allowing Alan to do the card counting and win the money they owe Mr.Read More Monty Hall Problem in Ask Marilyn743 Words   |  3 Pagesdoor s: Behind one door is a car; behind the others, goats. You pick a door, say No. 1, and the host, who knows whats behind the doors, opens another door, say No. 3, which has a goat. He then says to you, Do you want to pick door No. 2? Is it to your advantage to switch your choice? Marilyn vos Savant had answered that you should switch every time. An easier way to explain, she added, was suppose there are a million doors, and you pick door #1. Then the host, who knows what’s behind the doorsRead MoreEffects And Statistics Of Gambling1077 Words   |  5 Pageswhat comes across the average person every day or at least the prospect of wanting money. In business every person will tell you â€Å"to make money you have to spend money.† So to make money by spending it, does that include gambling as well which includes lottery and scratchers? What is so popular with gambling? Maybe it is the thrill and rush of betting. Gambling first originated in Asia, some of the games include Blackjack, craps and baccarat. A popular Asian lottery game is called Keno which is playedRead MoreArticle Review On Online Casino Gaming2087 Words   |  9 PagesParadise is right up there with the very best mobile casinos in world. Operated through a web browser, we found that it provides variety in abundance. While not a flashy mobile casino by any stretch, it’s easy to use UI and wide-ranging game selection make it a must try. Gaming Club – From popularity to heritage, Gaming Club stands as one of the oldest mobile casinos in operation. Launching as an online platform way back in the mid 1990s, it was one of the first casinos to embrace the mobile generationRead MoreGaming Machines And The Gameplay Of Gaming Rooms1995 Words   |  8 PagesTopic: Noting the features of different types of gaming machines, how do gaming machines and the layout of gaming rooms’ impact on a club and its patrons? Present, Casinos has grown up rapid fast in every years recently. There was no record of when did the origin or the first casino was built in but there was a record of the first well-known casino in the world which called â€Å"The Casino di Venezia† which located in Italy and was built in 1963 (History, 2011). Anyhow in this essay will be focusRead MoreMPC summery Essay6731 Words   |  27 Pagesservice) development; operations; marketing/sales; finance. Resource: people; money; machines; information. 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Carry started this business with $50,000 of her own money, and she borrowed $150,000 from the bank. From this description, list each of the scarce resources that are used in Carry Yoki’s Lounge. Entrepreneurial resource: Carry Yoki. Labor resources: 2 bartenders, 3 servers, 2 assistant servers, 2 cooks

Puja Religion and Deity Free Essays

Puja which literally means worship is performed before the deities’ images by both priests and laypeople in temples and homes throughout India. Puja in a large temple, especially in the blackness enveloping the innermost shrines, has a powerful sensual impact, often amplified by the press of a large crowd of devotees in a hot, confined space (Fuller, 57). The image in front of which puja is carried out can be natural like a tree, plant, rock or can be manmade such as constructed out of concrete, wood, brass etc. We will write a custom essay sample on Puja: Religion and Deity or any similar topic only for you Order Now Frequently picture of deity also substitute the image of particular deity (Fuller, 59). Worship is addressed to a deity whose powers are considered to be in an image and also to a deity as an image (Fuller, 61). It is quiet arguable that how these sources describe images or artefacts as the deity and how they play an important role in the worship process? Hindus perform puja in broad range of settings. In temples, where priests are usually responsible for performing it before the images or artefacts of deities, puja should be carried out regularly (Fuller, 62).Besides temples, puja is performed in many other institutions, such as monasteries, as well as in Hindu homes, normally at the household shrine where images or pictures of deities are kept. Worship at home is done regularly, daily or perhaps weekly. In puja image or artefact of deity is offered a meal, fruit, flowers, and entertained by music, singing and dancing; incense is wafted over it and decorated lamps are waved before it. Naturally, puja can also vary enormously in its elaborateness and correspondingly with the quantities of time and money spent on it (Fuller, 63).According to Shaiva ritual texts known as the Agamas, â€Å"only Shiva can worship Shiva. †Plainly, the formula that the only perfect worship is the one performed by the god for himself, but here on earth it is commonly taken to mean that priest must become, at one level, Shiva himself. In general terms, the same applies to anyone identified as divine, whether it is someone possessed by a village goddess, or a holy man widely revered as a living god.In all these cases, to identify a person as a form of a deity also implies that person is an â€Å"image† of deity (Fuller, 61). Acquiring status same as God by human is highly questionable. God has strength which cannot be attained by a mere human being. When it says priest possesses the power of Shiva does that mean that the priest possesses the ability of destructing the whole world? It is certainly not clear which deity’s power are in that â€Å"human† image of deity.As a conclusion, assuming that deity images or artefacts have powers of god is clear superstition. The deity images only serve the purpose of identification for certain deity. Image worship has been increasingly criticized by reformist Hindu intellectuals as a superstitious deviation from the true, original religion of the Vedas, which only marginally refer to the ritual use of images (Fuller, 62). Participating of puja expresses the relationship between the deity and their devotees.Gods and Goddesses do not actually need offerings and servings (given to their imager or artefacts) because they are never dirty, ugly, hungry or unable to see the world. The purpose of worship should be to honour the deities and show devotion by serving them (Fuller, 70). This way human can achieve true love and respect towards the deities.Work Cited 1. Fuller, C. J. The Camphor Flame : Popular Hinduism and Society in India. Princeton University Press: 2004. Page 57-70 How to cite Puja: Religion and Deity, Papers

Management and Organisation in a Global Environment

Question: Discuss about the Management and Organisation in a Global Environment. Answer: Corporate Culture and Strategy Corporate culture is the human involved in an organisation to understand the values and principles of the organisation. The strategy is the core and rational of any organisation that presents the companys business path (Benko and Anderson 2013). The process and ways of any organisation is set by the strategy of the management. The management should implement new ideas and policies to run the company. However, culture and strategy shares a very good relationship with each other. The strategy drives the focus of the company while the culture takes care of the emotional part of the employees. Therefore, the company is regulated by the sources of strategy and culture (Benko and Anderson 2013). Strategy helps the organisation to create their organisational policies and planning to gain profit in future whereas the culture is the key process of the organisation to maintain the values and principles of the members. According to Benko and Anderson (2013), lattice strategy is the system of la dder that the members have to follow to gain the success. There are three steps such as, building career, working in a firm and then participate in the organisation. These steps will help the organisations to maintain the corporate culture as well as the strategy. Definition of Culture Organisational culture refers to the values and the behaviours of the organisation, which contribute to the social, economical and psychological environment of that organisation. Various definitions are there regarding organisational culture, which sometimes conflicts each other. According to Watkins (2013), in an organisation, the culture is the sense-making process. It refers to the values, beliefs, principles of the members of a particular organisation. On the other hand, it is argued by other experts that culture is powerfully formed by incentives. As per this doctrine, incentive is the most important element in an organisation, which is essential for the employees. Incentive refers not only the monetary rewards but also the non-monetary rewards, such as, recognition, status, advancements and sanctions. These really matter for an employee in an organisation. It is opposed by Watkins (2013), and said that organisational culture is civilisation in the workplace. The culture plays t he role to promote the right things in the organisation and detect the wrong things to protect those. Therefore, it can be said that the organisational culture is not only the values and principles of the organisation but it also includes the reward systems. Culture plays a vital role in creating the organisational environment. The members of any organisation always practice some values and rituals that reinforce the narratives of the people involved in the organisation (Watkins 2013). However, it cannot be said that culture only depends on the values and principles. People are working in an organisation to gain their monetary reward to lead their personal life. Therefore, a direct impact is always there that is indicating the culture with incentives. Incentives or the reward system is very essential in the organisational culture as well as practicing a proper value and principle also required within the workplace. Corporate culture Instilled in HRM Practices and Customer Satisfaction The corporate culture can be acquired from various companies policies that they have taken to improve their internal organisational culture. Therefore, a companys practice of culture can influence the other organisations to incorporate their culture. Very few cultural activities make a short-term impression while some influences a long-term basis. In this study, the discussions of the corporation culture of Zappos can be analysed (Amednews.com 2016). The corporate culture of this company has a very innovative style that they acquired in the organisation. They have started a new policy for the new employees that they would pay for the employees who will quite. The company sells shoes online and the want to get success through this business chain to develop a good organisational culture within it. Their expectation of generating sales per year was approximately more than $1 billion and they want to increase it to $70 million in next five years (Amednews.com 2016). They also offered various accessories subjects such as handbags, various apparel and they sale them with an emotional connection to the customers. This organisational culture was practices between the Human Resource Management and the customers satisfaction. The main motto of the company was to build the connection between customer and management. Therefore, they stated their products in their website and give them delivery in free. They have offered their new employees to retain them in their company. They offered their employees that they will be paid if they quite after joining their company. It is said that they will be paid the amount they worked and another bonus of $1000 will be paid to them for joining in their company (Amednews.com 2016). Toyotas Corporate Culture and the Problem of Spreading its Culture Toyota Motor Corporation has acquired a corporation culture that they used in their organisation to expand their corporate culture to get the benefits from it in their business. The company has emerged in the as a number one motor company in recent times as they used the corporate culture in their production system (forbes 2016). The production system of this company has changed its approach that liked by the customers. Customers liked it as they get a chance to introduce by new innovative ideas from the stereotyped approaches. According to forbes (2016), in an interview the president of Toyota Motor Corporation has stated that the company has reached in this success not in one day. When they started in the initiative time, then they have a very small amount in their hand and their product design system only made them able to reach the success where they has reached today. The main corporation culture in this company was maintained by the innovation, humility; seize opportunities, strict discipline and mentoring. In beginning, the innovative culture of the corporation was get success to bring the popularity of the company but in late it has proved to be wrong in its approach. It can be said that the organisation has used the seven-dimension model of organisational culture to improve their culture within. The company has used the innovation and risk takers as their first dimension to get success. They have taken risk by launching 8 million vehicles worldwide for unintended acceleration (forbes 2016). Additionally, they used the teamwork and giving recognition to them involved them in the success story. Along with this, they used an aggressive approach to reach their organisational objectives, which made the organisation enable to beat their competitors. Cultural Web and its Use in Practice (Call centre) Corporate culture is compared with the country culture. According to Peter Drucker, when the management should not try to change the corporate culture then the members can work in the organisation properly. As per his approach, the companies should not try to change their original culture instead of this they should apply their existing culture in their organisational benefit. However, Change Factory (2016) opposes it; corporate culture can be changed if required. It can be possible with a tactful leadership. Leaders are the one who can analyse the existing corporate culture and then can change it according to the requirement for the betterment of the company. Therefore, in this section the study is focussing on the models of corporate cultures for bringing the change in the organisations. These models of corporate culture can be two types; one refers to the geometric presentation of the culture through a polygon. The length of the spokes from the centre of the polygon reflects a numerical value of a specific element or typology of corporate culture. The elements tend to have labels such as Avoidance or Achievement or Reactionary (Change Factory 2016). The second one is the element of theory based. It describes the model in normal words. According to the author, the second one is more effective in the corporate culture. However, it is very descriptive and lengthy process and sometimes it is dependent on the leaders how they present the model before their employees. In contrast with this, the first type of model is easier to become familiar with the corporate culture. It is easier to understand because of its presentation. The model describes the corporate culture with pictures and diagrams that reflects the actual scenario very clearly and the employees can understand it easily without any interference of leaders (Change Factory 2016). The main concentration is in the study on the Cultural Web Model that refers to the second type model consisting of six major elements. These are organisational structure, symbols, power structures, rituals and routines, myths and stories and control system. For instance, in a call centre the model can be implemented in the following way Organisational Structure Myths and Stories Rituals and Routines Team shuffle frequently Teamwork spirit lacking Promotion process lacks Low morale Poor work-home balance Lack of people management Disaster Staff development plan Corporate values Results of employee survey Initiatives References Amednews.com (2016). amednews.com. [online] Available at: https://www.amednews.com/APPS/PBCS.DLL/PERSONALIA?ID= [Accessed 3 Aug. 2016]. Benko, C. and Anderson, M., 2013.The corporate lattice: Achieving high performance in the changing world of work. Harvard Business Press. Change Factory. (2016). Using cultural models for changing corporate culture - Change Factory. [online] Available at: https://www.changefactory.com.au/our-thinking/articles/using-cultural-models-for-changing-corporate-culture/ [Accessed 5 Aug. 2016]. forbes, (2016). [online] Available at: https://MIT's Ed Schein on Why Corporate Culture Is No Longer the Relevant Topic and What Is [Accessed 5 Aug. 2016]. Taylor, B., 2008. Why Zappos Pays New Employees to QuitAnd You Should Too.Practically Radical blog, Harvard Business Publishing (May 2008), discussionleader. hbsp. com/taylor/2008/05/wy_zappos_pays_new_ employees_html (accessed 31 July 2008). Watkins, M., 2013. What is Organizational Culture? And Why Should We Care?.Harvard Business Review, US.