Texas Holdem Excellence Essay -- Personal Narrative Card Games Essays

Texas Holdem Excellence How do we define odds to ourselves? Are they things that happen because they are suppose to or are they things that were written and statistics made them happen. Odds and statistics play major roles in almost every event in life. They affect everything from who we marry and how long it lasts right down to what shoes we wear. These odds and statistics are very noticeable to everyone especially in a game of Texas hold'em poker. The game has some skills involved but the odds still apply to the type of cards a player is dealt in order to use his skills. This poker game is new and is played by many but only mastered by a few. I happen to look at myself as some one who has mastered the game. On Friday brad came up to me in school and asked if I was coming to the tournament tonight at his house. I responded "its Friday night what do you think I will be doing." He then said" Be there around 7 with the usual twenty dollar buy in." Walking around all day with a big grin on my face because in my head I was thinking that I have this thing wrapped up. I know there were going to be fifty or more people at his house for the tournament which was winner take all. The grin on my face was from me remembering the last three weeks in which I won the tournaments very easily. Later on in the day we were sitting in our English class talking some trash to each other. I said to Dan" are you guys prepared to go down again tonight for the fourth strait week." Dan responded " there is no way you can win again the odds are against you, so you better be prepared to take a beating tonight." I snapped back" Yes, they might be running out but the odds also state that I have a one in two hundred and fifty chance of winning which I ... ... and seventy five dollars," said Brad with an expression less face. "Call" I boldly stated knowing I was going to win, as the whole room fell silent as they all gasped for air. The river card was an three which did nothing. This was the big moment as we both turned our cards over. "The winner of the money was Justin Slesser" stated Brian while brad shook my had and retreated up stairs. The tournament started at seven and ended just before eight in the morning. There were many up's and downs in the tournament, but all in all I was very happy and was just glad to spend the evening with my poker buddies just like every Friday night. All my hard work and risk taking I beat the odds that my buddy Dan set against me the day before. This goes to show that odds play big roles in every thing but don’t be afraid to take a risk because someone says the odds are against you.

Using Budgets for Control

Budgets provide a means for planning the financial future and play a vital role for planning. Budgets simultaneously make managers construct and implement plans, contribute useful information for improved decision making, provide a standard to administer performance evaluation, and enhance organization and communication. An essential component of the budgeting system is control. Control periodically takes actual results and budgeted results and compares the two. It also allows for managers to frequently measure their performance from reports by providing performance evaluations.The master budget can be separated into operating and financial budgets, each made up of distinctly supporting schedules. Implementing budgets enables managers to create a formulated plan that allows for performance evaluation and improved control. Control involves the process of looking at the past, determining what really occurred and comparing it to previously projected results. Two processes which are sign ificant to adjusting the budget are the control cycle and the planning cycle.Both are linked through feedback and in their final stage, involve budgets. Participative budgeting gives subordinate managers the opportunity to contribute considerable proposals for establishing budgets. A key factor in implementing participative budgeting is that each manager should only be held responsible for costs they can completely control. Any costs that are outside of their control that are included on their budgets need to be marked as non-controllable, and separated from those costs that can be controlled.Participative Budgeting also enables the manager with the chance to structure slack into the budget as a way to increase the probability that the manager will achieve the proposed budget and therefore decrease the risk they may incur. This requires upper level management to carefully review budget proposals from subordinate management in order to decrease the amount of slack placed into the bud get. Performance evaluation is a vital element in rating the performance of management as well as maintaining control.When using budgets for performance evaluations it can result in feedback frequency of performance, monetary as well as nonmonetary incentives, participative budgeting, attainable standards, a variety of measures of performance and the possibility of controlling costs. By using frequent feedback on performance it gives managers a means to measure the success of their planning and enforce any corrective action. Monetary and nonmonetary incentives can aid in invoking a positive, goal congruent behavior in which goals at managerial and organizational levels agree.A simple example of performance evaluation could take place in a pizza restaurant that makes only pizzas. If the owner has an exact amount of toppings that he knows should be put on the pizzas and what that cost is, he can assess the amount of toppings being used. He might find that his workers are inadvertently topping some pizzas with more toppings than others. By encouraging his employees to top all pizzas with a consistent amount of toppings he can improve the consistency of the pizzas delivered to customers and increase savings on costs of toppings.If this same principle is practiced toward other aspects of the restaurant it could provide significant savings overall. Budgets contribute a valuable role in the success of a company. Implementing control and performance evaluations increases the effectiveness of the budget and provides guidelines for performance improvement in the business. Participative budgeting gives subordinate managers the ability to be involved and invokes a sense of responsibility while embracing creativity.However if not implemented correctly, the results can produce reduced control and padded budgets that can make it difficult to evaluate performance. Although budgets can contribute a valuable measure for managerial performance, they can still be manipulated by m anagers that are able to increase budgetary performance in the short-run yet cause significant damage to the business. Organizations need to utilize other qualified measures that take into consideration the financial or nonfinancial and short-run and long-run effects in order to avoid any threats of myopic behavior.

White People Have Been The Superior Race Essay - 1288 Words

White people have been the superior race since the very beginning of America. Throughout history white people have owned and ruled almost everything about American culture. Although white people are still the majority and have most of the wealth in America, there is one thing they do not own, the n-word. This one word has caused controversy and conflicts between races in society. The essay â€Å"Why Do They Get to Use the N-word But I Can’t† talks about the issue of who can say this word and why are only certain races and social groups allowed to say it. What is the problem with the n-word in the first place? This word has a racist history starting during the 17th century when it was used to insult slaves (Asim, 2007, as cited in McClure, 2015). The writer states that no matter what race, the word is a powerful symbol of the history of anti-black oppression in the United States. In the essay, the author explains that some people believe that the use of the word in rap m usic has stripped it away of its original racist meaning, but others say that the term should be forbidden. Reading the essay, it shows a lot of proof of the inconsistency between the usage and meaning behind the n-word in society. For example, rappers would use the word in their lyrics referring the term to themselves and their friends, but hateful people would use the term to yell at others or write it out as threats. The way the term is used and who decides to use it determines how people will interpret theShow MoreRelatedThe Effects Of Racism On Society s Perception On Culture And Race880 Words   |  4 PagesRace has always been one of the greatest issues throughout the world. How people categorize themselves based on their physical appearance, and choose which characteristics are preferable in society, really emphasizes racism. 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