What Is the Difference Between Work and Fun?

In: Social Issues

Submitted By calebk
Words 605
Pages 3
What is the difference between work and fun? In the world we live in today, gambling is a professional career to some, whilst others gamble for leisure, a combination of necessity and pure enjoyment. However there is hardly any single moment where a person just fell into being a professional gambler, but there will be some people who realized that they didn’t have any other source of income. The truth is that there are many thousands of people around the country who make a good living exclusively from gambling. It is not easy, but it can be done. In order to become a professional gambler, he/she needs to practice, practice and practice some more. He/she needs to have the rules of whatever game you are planning on playing down cold. Once he/she knows the rules, he/she needs to practice, either live or online. In addition to practice, one also needs to have discipline. Discipline comes in many forms. Can you maintain your focus so that you make the right decisions? Can you maintain and stick to a proper budget? Discipline and practice is normally not enjoyable by any party, however obliged to do in order to become skilled and successful in the profession of gambling thus should be considered as work. When you are betting on sports, the number one priority that you should have is good solid research. It is difficult enough even with the greatest knowledge and excellent research to make accurate bets at a successful ratio, without research sports betting could be an extremely costly hobby. Some people like to see charts, some like to see splits, while others just study the basic facts. Whatever your preference is, the proper knowledge can lead to profitable gain. A few of the more popular trends looked at when betting on sports includes teams record at home, teams record on the road, teams record against the spread, teams record as…...

Similar Documents

What Is the Difference Between "Procurement" and "Purchase"?

...incoming inspection, and rescue operations. It could be seen as a synonym of purchasing. It Is the function specifically associated with buying the goods and services required by the organization. SUPPLY CHAIN and LOGISTICS TERMS and GLOSSARY logisticsservicelocator.com (2006) Often could be understood as purchasing however procurement is the totality of acquisition starting from the identification or a requirement to the disposal of that requirement at the end of its life. Its functions may include pre contract activities supplier relationship and sourcing but it does not include logistic functions, such as storage, or transport. Could be used as the same meaning of procurement but it refers specifically to acquire goods, work or services, from suppliers. It is a component function of Procurement that is wider concept. Its function may include ordering, expediting, receipt and payment. The Chartered Institute of Purchasing & Supply (n. d) In the public sector it can be seen as function responsible of the acquisition of material and equipments without this necessarily means to buy. It could be used either in profit or nonprofit organizations. The objective is to buy goods through a fair price competition among suppliers. Stentoft & Vagn, (2011) Taking the example of my current job in United Nations, procurement is a department branch of the Logistic Support Division LSP. The main function of Procurement department is to perform Planning......

Words: 727 - Pages: 3

What Is the Difference Between Causation and Correlation

...What Is The Difference Between Causation and Correlation? The major discrepancy concerning causation and correlation is the power and measure to which two things are associated and the assurance with which anybody can institute a underlying relationship. Basically when you say one thing causes another, you are saying that there is a direct line between that one thing and the result. Cause means that an action will always have a predictable reaction. Once you describe correlation, the expressions cause and correlation grow to be easier to comprehend. If you see a correlation connecting two things, you can see that there is a affiliation between those two things. One thing does not automatically result in the other thing occurring, but it may increase likelihood that something will occur. The way to understand the difference of cause and correlation can best be understood by an example. For instance, “Violent video games cause violent behavior.” According to all research on this matter, this statement is not true, due to the use of the word causes in the sentence. Research has shown that violent video games may influence violent behavior. The correlation between violent video games and violent behavior some researchers have shown that there is a connection/correlation there. Violent games may influence others to act in more hostile but they are not the only reason and sometimes not even a factor for predicting violence. I believe that it really have a great impact on our...

Words: 342 - Pages: 2

What Are the Differences Between Newspapers and Magazines?

...press is one of the oldest categories of media and communication. Again, print also has such types of it as newspapers and magazines. This essay is aimed to distinguish and determine the most important differences between newspapers and magazines. Firstly, it is necessary to define general distinctions between newspapers and magazines. Newspapers are periodic editions and publications issued permanently, temporarily or “just-one-time”. Usually newspapers have not stapled sheets with a variety of articles, texts, and images of relatively small size. In general, newspapers dedicated primarily to current events of modern politics, culture, economics, science, sports and so on; and newspaper can be devoted to one particular of the areas and topics based on social conditions of the place where it is issued. Normally newspapers are compactly organized and structured in terms of physical size, and newspapers are also light weighted, so it is comfortable for readers to store them and they can be easily carried. Newspapers are made from soft paper while magazines are made from glossy paper. Magazines are also mainly periodic editions, which include a number of works by different authors, articles, and other documents, unified in one framework and papers bound together in the spine. Difference in attractiveness of magazines and newspapers also depends on many factors such as appearance, size, content, price and others. Magazines are more colorful than newspapers, because newspapers......

Words: 1398 - Pages: 6

Fun at Work

...defines fun as “a source of enjoyment, amusement or pleasure”. Imagine working for a company for more than 40 hours a week with a team of introverts. This may sound great to individuals who may have found refuge in isolation, but it comes at a cost for the company. Hodge-Cronin & Associates conducted survey of 737 CEO’s. The survey revealed that 98% of this group “preferred job candidates with a sense of humor to those without” (Rau-Foster, 2000). Can fun really make that much of a difference? Can fun make a company rank #1 for best company to work for? Dr. David Abramis has been researching and studying the topic for years now. “He’s discovered that people who have fun on the job are more creative, more productive, better decision-makers and get along better with co-workers. They also have fewer absentee, late, and sick days than people who aren’t having fun” (Rau-Foster, 2000). Explanation CNN Money has ranked Google as #1 for the “100 Best Companies to Work For” for 2013. Why is this? In 2006, Genentech a company that makes medicine that fights cancer, was ranked #1. Employee’s working for Genentech stated, “What’s better than being a valued member of a cancer-fighting team? Having a great time while you’re at work” (CNN Money, 2006). This company had a 5 percent turnover rate and 20 percent job growth. Now remember the year 2006! Google was on the bottom of this list in 2007. This leaves many people wondering how Google climbed its way up to the top. What......

Words: 1065 - Pages: 5

What Is the Difference Between Gross Margin and Contribution Margin?

...What is the difference between gross margin and contribution margin? Gross Margin is the Gross Profit as a percentage of Net Sales. The calculation of the Gross Profit is: Sales minus Cost of Goods Sold. The Cost of Goods Sold consists of the fixed and variable product costs, but it excludes all of the selling and administrative expenses. Contribution Margin is Net Sales minus the variable product costs and the variable period expenses. The Contribution Margin Ratio is the Contribution Margin as a percentage of Net Sales. Let's illustrate the difference between gross margin and contribution margin with the following information: company had Net Sales of $600,000 during the past year. Its inventory of goods was the same quantity at the beginning and at the end of year. Its Cost of Goods Sold consisted of $120,000 of variable costs and $200,000 of fixed costs. Its selling and administrative expenses were $40,000 of variable and $150,000 of fixed expenses. The company's Gross Margin is: Net Sales of $600,000 minus its Cost of Goods Sold of $320,000 ($120,000 + $200,000) for a Gross Profit of $280,000 ($600,000 - $320,000). The Gross Margin or Gross Profit Percentage is the Gross Profit of $280,000 divided by $600,000, or 46.7%. The company's Contribution Margin is: Net Sales of $600,000 minus the variable product costs of $120,000 and the variable expenses of $40,000 for a Contribution Margin of $440,000. The Contribution Margin Ratio is 73.3% ($440,000 divided by......

Words: 269 - Pages: 2

What Are the Differences Between an Interrupt and a Trap? Provide an Example of Each. What Is Their Importance?

...The difference between Interrupts and Traps are simple. Interrupts are hardware interruptions as to where Traps are software – invoked interrupts. Hardware interrupts are program controlled interruptions produced by some event external to the CPU. This stops the CPU from executing the code it was already running and to jump to the event that generated the interrupt. These type of interrupts can come from numerous sources, such as, expansion cards, timer chip, keyboards, and mouse, as well as peripheral devices. Most often, hardware interruptions do not ever occur because of event related program execution. When and interrupt occurs, the CPU is sent an interrupt request by the interrupt event, in order to provide service needed by the device and then returns to the normal program. Most often when a hardware interrupt occurs the CPU starts interrupt server routine (ISR) and other hardware interrupts are disabled. The sole purpose of a Trap is to provide a fixed subroutine and can be identified as a transfer of control that is normally incorporated by the programmer. When a trap occurs, the CPU stops what is it doing like it does when an interrupt occurs, then it saves the context before jumping to the suitable trap routine. Then it completes and restores the context and continues execution. Interrupts are a very important part of computer design. All computers have their own interrupt structure, which most of the functions are the same. An interrupt has to transfer......

Words: 317 - Pages: 2

What Is the Difference Between Sex and Gender?

...What is the Difference Between ‘Sex’ and ‘Gender’? To start this essay I will clearly state definitions of ‘Sex’ and ‘Gender’ respectively. ‘Sex’ is described as ‘the biological properties that distinguish organisms on the basis of their reproductive roles.’(Princeton University – 2010). Whereas gender is listed as ‘the state of being male or female, typically with reference to social or cultural differences rather than biological.’(Michigan University – 2010). In this essay I will explore and investigate both sex and gender, whilst identifying the differences between the two. I will start by elaborating on the given definitions. Sex is defined on the Princeton University website as ‘biological’. This is a word that has recurred in many other definitions that I have researched for the word ‘sex’. This would suggest that sex is able to be categorized in a straight forward manner. However, there are several high profile cases in the media, when the issue of ‘sex’ has come into question. Perhaps most recently is the case of South African athlete, Caster Semanya. Semanya won the 800m race during the African Junior Championship, with the fastest time of the year. This lead to some spectators questioning her sex. When looking at the athlete she has an incredibly muscular and angular frame, and this coupled with her record breaking run made the International Athletic Association ask for a sex test. This case brought the issue of ‘sex’ into much disrepute. Now, we......

Words: 1974 - Pages: 8

What Are the Major Differences Between Nonprofit and for-Profit Accounting?

...While many aspects of nonprofit and for-profit business accounting are similar (such as the tracking and reporting of income and expenses, and payroll taxes), there are significant differences. These arise out of the nonprofit organization’s duty to drive its resources toward its mission. For example, nonprofits are required to itemize expenses across management (general and administrative), fundraising, and program areas. These are called “functional expenses” and the IRS requires that they be reported. The requirement for nonprofits to report functional expenses also highlights the importance of a cost allocation plan. This basically means establishing a system that defines how you will allocate expenses across the various functional areas and to specific programs. For example, let’s say that those involved in administrative functions take up 20 percent of your office space. You might then allocate 20 percent of an expense like paper to the administrative functional area. A cost allocation plan can be extremely useful in determining how much a program or activity actually costs and, done accurately, it gives a clearer picture of the organization’s finances. There are several acceptable methods – such as applying direct/indirect costs, and allocations based on percentage of payroll or physical space used (as in the example above). Frequently, a combination of these methods will be appropriate. Consult with your accountant to determine the approach that best suits your......

Words: 457 - Pages: 2

What Is the Difference Between Western and Eastern Massage

...What Is the Difference Between Western or Eastern Massage? Shannon Hankins COM/170 May 29, 2012 Mary E. Blackford What Is the Difference Between Western and Eastern Massage? Massage an international phenomenon that has been passed down from generation to generation within groups of people. Massage is a systematic manipulation of soft tissues of the body to enhance health and healing. The primary characteristics of massage are touch and movement. There are many styles of massage therapy. This essay will cover two of the most common groups of massage modalities, Western and Eastern, and explain the overall benefits of massage, the similarities and differences of Western and Eastern massage techniques, and Western and Eastern philosophy of healing behind each one. Although Western and Eastern massage outcome are similar, it is amazing how different their concepts are. Western and Eastern Massage have similar environments. For example, in the massage room sounds of soft tranquil music will be playing, the soft light of candles or dim lighting, the trickling sounds from a water fountain, a lovely sent of aroma therapy and a massage therapist eager to help his or her next client. There are some differences between the two environments. Western massage rooms have a massage table, where his or her clients will undress and get under the sheets like getting into bed. The massage therapist will use lotion or oil on his or her client’s skin during the massage session.......

Words: 1461 - Pages: 6

What Is the Difference Between and It Strategy Committee and an It Steering Committee?

...IT strategy committee operates at the board level while the IT steering committee is at the executive level, which brings about a contrast in their authority and membership makeup. The IT Strategy committee seeks to advise the board and management on the IT Strategy of the organization whereas an IT Steering Committee assists the executive body in the delivery of the IT strategy. While the IT Strategy committee focuses on current and future strategic IT issues the IT Steering Committee focused on the implementation of those issues. This entails that the IT Steering Committee oversees the day to day management of IT service delivery and major IT projects while the IT Strategy Committee has the broader role of ensuring there is alignment between IT and business strategy through enterprise IT governance. In terms of membership, an IT Steering Committee consists of sponsoring executive, business executive, the CIO and key advisers as required, whereas an IT Strategy Committee is composed of board members and specialized non-board members. Regarding responsibilities IT Steering Committee ensures programs and projects meet business requirements and align to the IT architecture. They determine the overall level and allocation of resource to extend IT value across the enterprise while ensuring they communicate strategic goals to project teams and recommend changes to strategic plans. They also monitor and approve various architectures to support achievement of IT strategy while in......

Words: 275 - Pages: 2

Form of Gdp and What Is the Difference Between

...Gradable Assignment 1 1.     Full form of GDP and what is the difference between GDP per Capita Ans: GDP–Gross Domestic Product GDP per Capita – An estimate of an individual spends as a consumer compared to the total population spending on products and services. GDP is gross domestic product, the total economic output of a country, i.e., the amount of money a country makes. GDP per capita is the total output divided by the number of people in the population, so you can get a figure of the average output of each person, i.e., the average amount of money each person makes. 2.     Define or explain Purchase Power Parity in two lines Ans: Purchasing power parity (PPP) is a theory which states that exchange rates between currencies are in equilibrium when their purchasing power is the same in each of the two countries. 3.     Which of these are Formal Institutions and Informal Institutions Ans: a.     Laws- b.    Ethics- c.     Culture- d.    Regulations- e.     Norms- f.     Rules- 4.     Name two countries under Theocratic Laws Ans: Vatican City 5.     Name at least two of the three kinds of economies Ans: An economy is a system whereby goods are produced and exchanged. Without a viable economy, a state will collapse. There are three maintypes of economies: free market, command, and mixed. 6.     Name two characteristics each of Low Context and High Context cultures Ans: High Context Cultures 1. Space is communal; people......

Words: 698 - Pages: 3

Managerial Economics - What Is Difference Between Intellectual Abilities and Physical Abilities

...Marginal Returns’ 5. What is ‘Cost benefit analyses? Justify its use in the implementation of developmental projects. Section – B (Marks – 25) Attempt all questions – 1. What is ‘Segmentation’? Explain Product segmentation and Market segmentation concept. 2. What is ‘Wholesaling’? Discuss various benefits of Wholesaling. 3. Explain different Features of Perfect Competition. 4. Cost Volume Profit Analysis. 5. What is Capital Rationing? Section – C (Marks – 50) Attempt any five questions – 1- Explain in detail the nature and scope of Managerial Economics. How Micro Economics differs from Managerial Economics? 2. What is Empirical Production Function? Explain the optimum combination of inputs with diagrams. 3. What is Cost of Capital? Explain its structure and role in inter- national competitiveness. 4. What is Elasticity of Demand? Explain Price, Cross and Income Elasticity of Demand used in managerial decision making process. 5. What do you mean by Monopoly? How price and output is determined in short and long run in Monopoly Competition? 6. Describe the Oligopoly Model in detail. 7. Explain management of foreign exchange with special reference to India Financial Management Section – A (Marks – 25) Attempt all questions 1. Write an important condition for the adjustment of the cost of debt. 2. What does the cost of equity capital indicate? 3. Explain Capital Budgeting? What is post completion......

Words: 1096 - Pages: 5

Managerial Economics - What Is Difference Between Terminal and Instrumental Values

...Marginal Returns’ 5. What is ‘Cost benefit analyses? Justify its use in the implementation of developmental projects. Section – B (Marks – 25) Attempt all questions – 1. What is ‘Segmentation’? Explain Product segmentation and Market segmentation concept. 2. What is ‘Wholesaling’? Discuss various benefits of Wholesaling. 3. Explain different Features of Perfect Competition. 4. Cost Volume Profit Analysis. 5. What is Capital Rationing? Section – C (Marks – 50) Attempt any five questions – 1- Explain in detail the nature and scope of Managerial Economics. How Micro Economics differs from Managerial Economics? 2. What is Empirical Production Function? Explain the optimum combination of inputs with diagrams. 3. What is Cost of Capital? Explain its structure and role in inter- national competitiveness. 4. What is Elasticity of Demand? Explain Price, Cross and Income Elasticity of Demand used in managerial decision making process. 5. What do you mean by Monopoly? How price and output is determined in short and long run in Monopoly Competition? 6. Describe the Oligopoly Model in detail. 7. Explain management of foreign exchange with special reference to India Financial Management Section – A (Marks – 25) Attempt all questions 1. Write an important condition for the adjustment of the cost of debt. 2. What does the cost of equity capital indicate? 3. Explain Capital Budgeting? What is post completion......

Words: 1096 - Pages: 5

Total Quality Management - What Is the Difference Between Iso 9000 and Qs 9000

...AT MRC BEARINGS 1. What were the problems faced by MRC? 2. What was the solution used to address the problems at MRC? 3. What were the attributes responsible for the successful implementation of TPM at MRC? 4. Explain the TPM journey at MRC. 5. Comment on the statement “TPM is not totally painted machines but taking pride in our machines. CASE 02: Customer Relationship Management at Bharti 1. Why did Bharti Tele-ventures opt for a CRM solution? 2. What were the challenges faced by Bharti in its CRM implementation process? 3. Discuss the strategy used by the company for implementing CRM and why. 4. Explain the various benefit received by Bharti after implementing CRM. CASE 03: Hotel Valuation Services ( HVS ) 1. What are the challenges facing the Indian hospitality industry? 2. What is HVS? What are the recommendations of HVS mentioned in this case study? 3. What are the limitations of the present hotel rating system in India? 4. If you are hired as the consultant, what measures do you suggest to improve the present hotel rating system in India? CASE 04: IMPLEMENTING QUALITY MANAGEMENT SYSTEM AT HYUNDAI MOTORS 1. Why did Hyundai decide to implement the QS 9000 system? 2. What is the difference between ISO 9000 and QS 9000? 3. Explain the QS 9000 system. 4. What were the benefits of QS 9000 implementation at Hyundai? CASE 05: Supplier Quality Audit at Tata Motors 1. What were the......

Words: 338 - Pages: 2

What Is the Difference Between Living and Existing?

...this world. How do we define it? Maybe for someone it will be quite easy because it can be find through the way you live and your lifestyle… The first question for me is what is living? For my opinion living is doing things your way. Doing reckless things, things you've always wanted to do. Fulfilling every dream you have and helping others to fulfill theirs. And living is also about waking up everyday knowing that your live has purpose and meaning because you make it so. Living is manifesting dreams into reality, actualizing your full potential. That's living. Follow by what is existing? Existing is simply being on earth. Not doing anything of any significance, just breathing. Like you waking up everyday only because your metabolic processes need you to eat or drink something to keep going. Existing is going through the motions, letting life happen to you instead of making things happen. I think the biggest distinction between living and existing comes from how much control you have over life decisions. Where do you see control coming from? In general, someone who exists feels as if everything is outside of their control while someone living knows they determine the path their life takes. Emotions have a big role to play in this. Someone who exists lets emotions such as fear and anger dictate what they can and can’t do. Someone who is living understands those emotions, controls them and doesn’t let them interfere with their decisions. People who simply exist......

Words: 422 - Pages: 2