Finance How Cash Is Overseen And The Real Procedure Of...

Q1 Finance is an expansive term that depicts two related exercises: the investigation of how cash is overseen and the real procedure of procuring required trusts. Since people, organizations and government substances all need financing to working; the field is frequently divided into three sub-classifications: individual fund, corporate money, and open account. Each of the three classifications are concerned with exercises, for example, seeking after stable speculations, acquiring ease credit, assigning stores for liabilities, and managing an account. Yet each has its particular contemplations. Case in point, people need to procurement for retirement costs, which means sufficiently contributing cash amid their working years and guaranteeing that their advantage portion fits their long haul arranges. A vast organization, then again, may need to choose whether to raise extra subsidizes through a bond issue or stock advertising (Wijst and Wijst 34). Venture banks may prompt the firm on such contemplations and help them advertise the securities. Concerning open account, notwithstanding overseeing cash for its regular operations, an administration body likewise has bigger social obligations. Its objectives incorporate accomplishing a fair conveyance of wage for its subjects and instituting strategies that prompt a stable economy. Account, at Saunders, includes the administration, creation and investigation of cash, keeping money, credit, speculations, resources andShow MoreRelatedExploring Corporate Strategy - Case164366 Words   |  658 Pages22/10/2007 11:54 Page 599 Guide to using the case studies The main text of this book includes 87 short illustrations and 15 case examples which have been chosen to enlarge speciï ¬ c issues in the text and/or provide practical examples of how business and public sector organisations are managing strategic issues. The case studies which follow allow the reader to extend this linking of theory and practice further by analysing the strategic issues of speciï ¬ c organisations in much greater depthRead MoreGeneral Electric60506 Words   |  243 PagesChapter 1 explores the concepts surrounding organizational strategy. It begins with an explanation of the term strategy and offers a basis for how to identify a company’s particular strategy. Next, it explores the importance of striving for competitive advantage in the marketplace and examines the role strategy plays in achieving this advantage. The chapter then explores the idea that strategy is partly proactive and partly reactive. Next, a discussion on strategy and ethics is given. T his is followedRead MoreManaging Information Technology (7th Edition)239873 Words   |  960 PagesGregg’s Appliances, Inc.: Deciding on a New Information Technology Platform CASE STUDY I-7 Midsouth Chamber of Commerce (B): Cleaning Up an Information Systems Debacle CASE STUDY II-1 Vendor-Managed Inventory at NIBCO CASE STUDY II-2 Real-Time Business Intelligence at Continental Airlines CASE STUDY II-3 Norfolk Southern Railway: The Business Intelligence Journey CASE STUDY II-4 Mining Data to Increase State Tax Revenues in California CASE STUDY II-5 The Cliptomaniaâ„ ¢Read MoreMonsanto: Better Living Through Genetic Engineering96204 Words   |  385 Pagesentertaining part of such a course. The ‘full story’ that follows this summary gives you considerable detail about how to go about a case analysis, but for now here is a brief account. Before we start, a word about attitude – make it a real exercise. You have a set of historical facts; use a rigorous system to work out what strategies should be followed. All the cases are about real companies, and one of the entertaining bits of the analysis process is to compare what you have said they should doRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesCreating a Positive Work Environment 22 †¢ Improving Ethical Behavior 22 Coming Attractions: Developing an OB Model 23 An Overview 23 †¢ Inputs 24 †¢ Processes 25 †¢ Outcomes 25 Summary and Implicat ions for Managers 30 S A L Self-Assessment Library How Much Do I Know About Organizational Behavior? 4 Myth or Science? â€Å"Most Acts of Workplace Bullying Are Men Attacking Women† 12 An Ethical Choice Can You Learn from Failure? 24 glOBalization! Does National Culture Affect Organizational Practices? 30 Point/Counterpoint

Essay on True North Book About Leadership Review - 1774 Words

Destiny, brought the book True North: Discover Your Authentic Leadership into my life and I want to bring it into the lives of others. More specifically those who may believe they weren’t born with the characteristics or traits to become a leader or those who have not found their passion or purpose in life; their â€Å"True North.† The book, written by Bill George and co-author Peter Sims, compiles a series of interviews with 125 managers from Howard Schultz of Starbuck’s to Dan Vasella of Novartis. The interviewees guide readers through their journey to become the leaders they are today; discussing their failures, successes, obstacles, personal tragedies and triumphs. The stories of each manager prove the True North’s thesis, which is no one†¦show more content†¦After realizing how your life story connects to your purpose and passion, the journey begins. Many college graduates, and even some professionals believe the journey to leadership is a st raight shot to the top; as soon as you’ve landed top management, you’ve become a leader. But this idea is wrong. Leadership is a journey that has many ups and downs. Bill George and Peter Sims have observed three stages of leadership development: I. Preparing for Leadership: Character Formation and Rubbing Up Against the World II. Leading: Stepping Up to Lead III. Giving Back: Generativity: Wisdom and Giving Back As a student, I am in Phase I of my development. This stage is all about me; getting to know myself, educating myself and gaining as much experience as possible. This is the phase where it is important to ask ourselves, what do we want to do with our lives? In Phase II, we become leaders. In this phase, we usually go through a crucible; a tough time in our lives that tests ourselves and transforms our understanding of what leadership is all about. In Phase III, leaders are serving on for-profit and not-for-profit boards, mentoring young leaders, teaching, or coaching. They inspire and motivate others to become authentic leaders. This is said to be the most rewarding phase of leadership development. See Exhibit 1 in the Appendices for a graph thatShow MoreRelatedTrue North Is Leaders Essence Of Who You Are Our Deepest Beliefs, Values, And The Principles1170 Words   |  5 PagesSummarize the key argument or idea of the book True North is leaders’ essence of who you are, your deepest beliefs, values, and the principles you lead by. It is about a leader being genuinely human at a profound level. It is an internal compass that drives a leader through life. True North is leader’s adjusting point that helps him/her stay on track. It is unique for each individual based on individual’s life stories and crucibles. True North is based on what is most important for a leader, forRead MoreAnalysis : Discover Your True North1395 Words   |  6 Pagesauthentic leadership is a concept that began to emerge in its modern form in the 1960s. It wasn’t until 2003 when Bill George wrote about authentic leadership and its connection to ancient Greece that it became a popular leadership concept (Clark, 2014). Bill George is senior fellow at Harvard Business School, where he has taught leadership since 2004. He is the author of four best-selling books: 7 Lessons for Leading in Crisis, True North , Finding Your True North, and Authentic Leadership, as wellRead MoreNothing From The Korean War On North Korea1399 Words   |  6 Pages Book Review Nothing to Envy: Ordinary lives in North Korea The novel,Nothing to Envy: Ordinary lives in North Korea, tells the stories of six North Korean citizens from Chongjin, third largest city in Democratic People s Republic of Korea. After the Korean War in the 60th, the aid from Communist China and Soviet Union caused industrial growth in North Korea. During this time the daughter of a South Korean Prisoner of War described the hardships she faces as a citizen with tainted blood. TheRead MoreHealthcare Administrator Of Insurance Industry : Director Integrated Health Management1456 Words   |  6 Pagesaddition to acting as a liaison with outside entities to ensure enterprise objectives are accomplished and remain in agreement with core business and financial goals. Career Choice Job Responsibilities The DIHM is responsible for providing proactive leadership, program strategies, operations oversight, and staff development to ensure ongoing effectiveness and achievement of fiscal performance objectives. The creation of an environment that secures the effective and efficient interaction of staff is essentialRead MoreHannover Bates Chemical1006 Words   |  5 Pagesstated â€Å"that 34 years of experience don’t count for anything.† Based on the reading, Sprague will have to win over his teams perception of him in order execute his plan of increasing gross profits. Performance Comparison When Sprague took over the north east district he knew there was work ahead. One senior executive mentioned to Sprague that many are expected him to fail. This was a clear sign, he was going to work with some very disgruntle employees. In the northeast district, one of his† top prioritiesRead MoreThe Importance Of Teacher Leadership And Empowerment983 Words   |  4 Pages. What is teacher leadership and empowerment and why should it be promote in schools? Teacher leadership is defined as â€Å"teachers who aspire to stretch beyond their classrooms to engage in leadership roles that take many shapes and forms, both â€Å"informal and formal†. (ECS, 2010). The teacher leadership role is also described as â€Å"the process by which teachers, individually and collectively, influence their colleagues, principals, and other members of the school community to improve learning practicesRead MoreThe Death Of North Korea Essay1102 Words   |  5 Pagesfear, terror, and despair in the hearts of millions. This so-called leader, terrorized the people of North Korea since April 11th, 2012; his cruelty is subject to the fact he has no mercy towards anyone who speaks against him, no matter if they are a civilian or political figure. The supreme leader is perceived as a devil, as he has total control over the country, using his power to manipulate the North Korean media. People are unaware that there is a genocide that is happening at this very moment. AlthoughRead MoreLincoln And His Generals By War : Abraham Lincoln As Commander1311 Words   |  6 Pages340 15 February 2015 Book review: Lincoln and His Generals Tried by War: Abraham Lincoln as Commander in Chief While there are countless books and biographies written on the life of Abraham Lincoln, none argue quite so heavily in favor of Lincoln’s military brilliance during the Civil War as T. Harry Williams’ book Lincoln and His Generals, published in 1952. Williams, born in 1909, is an experienced historian who taught at Louisiana State University and wrote multiple books on military and politicalRead MoreOvercoming the Five Dysfunctions of a Team1501 Words   |  7 PagesLiberty University Overcoming the Five Dysfunctions of a Team 4-Mat Book Review A 4-MAT BOOK REVIEW SUBMITTED TO DR. DEBBIE WARREN IN PARTIAL FULLFILLMENT OF THE REQUIREMENTS OF THE COURSE CLED 610 LIBERTY BAPTIST THEOLOGICAL SEMINARY BY DURHAM, NORTH CAROLINA SUNDAY, NOVEMBER 20, 2011 ABSTRACT In order to be an effective team you must accomplish your set goals. To achieve this task a team must first discover and overcome the five dysfunctions of a team. According to Lencioni (2005), â€Å"DysfunctionRead MoreBook Report : Discover Your True North Essay1781 Words   |  8 PagesAuthentic Leadership is a concept that began to emerge in its modern form in the 1960s. It wasn’t until 2003 when Bill George wrote about authentic leadership and its connection to ancient Greece that it became a popular leadership concept (Clark, 2014). Bill George is senior fellow at Harvard Business School, where he has taught leadership since 2004. He is the author of four best-selling books: 7 Lessons for Leading in Crisis, True North, Finding Your True North, and Authentic Leadership, as well

Video Games And Its Effect On Society - 867 Words

Video games over the years have developed into graphic bloody sources of ideas for adolescents. The games kids play today has large physiological effects that can really mess with one s mind. Violent video games have a long history of provoking aggressive behavior which can ultimately lead to people getting hurt. The realism gives the players more power by making them immune to the reality of the situation. Video games have a huge influence over their audience. The influence they have is very evident when it comes to the school yard. 60% of kids who play M-rated video games report to have hit someone or have some kind of violent confrontation as opposed to those who do not play those types of games. A study published in Psychology of Popular Media Couture states that 90% of pediatricians agree that violent video games increases aggression and 98% agree that overexposure to the games heightens the aggression. The games that are most popular today usually have something to do with wa r or killing someone somehow. They give players a chance to use guns, axes, chainsaws, knives, and other weapons to fulfill their task. The games are so realistic that they enhance the learning of those violent behaviors. There are cases like where two teenage boys killed a driver and told the police they got the idea from the game Grand Theft Auto. Games like this do not only give ideas, but they also give the skill to execute those ideas. In the past, video games have been used to train U.SShow MoreRelatedVideo Games And Its Effects On Society1463 Words   |  6 Pages Movies, video games, music and television shows come in different genres. However, depending on age in regards to youth not just anyone is allowed to: watch certain movies, buy just any video game, listen to any music or watch any tv show. Sometimes they can see certain movies with a parent or guardian. Seeing violence in excess causes violent acts to take place in society because it gives ideas to viewers or listeners especially those who are young. This the reason there are ratings for mediaRead MoreThe Effects Of Video Games On Society1274 Words   |  6 PagesViolence in video games can affect ones mindset in so many different ways, where we don’t even realize it. For example playing â€Å"Grand Theft Auto† for a few hours will change your mindset. Even though it wouldn’t be in a tremendous way, but for a few minutes your mindset will think, â€Å"This game is so much fun, I want to steal cars, have police chase me, shoot at people, even steal helicopters †. According to Social scientists in the New York Times, Many studies have shown that this is becoming a majorRead MoreVideo Games And Its Effect On Society Essay1380 Words   |  6 Pagesthe 1970’s, video games in America have been controversial. Currently around 97% of America s children play video games in some form; from home consoles such as Xbox, to personal computers and mobile games on smartphones, even in an educational form, video games are nearly everywhere and bringing in big money. Around $21 billion is being funneled into a domestic video game industry. But what are these kids viewing when playing video games and how does that affect their role in society? A commonRead MoreVideo Games And Its Effect On Society1525 Words   |  7 Pagesâ€Å"The reason why people find it so enjoyable is that games are usually the right degree of challenging and the player takes an active role (unlike watching television) so there is an incentive to achieve† (Gee) . Ever since video games were invented there was an immediate attachment and an unwillingness to release them. They present chances to accomplish things one may not be able to do in their life, and provides an escape from reality. Video games also imprint and teach new skills to the gamers whoRead MoreVideo Games And Its Effect On Society980 Words   |  4 PagesAs a growing medium, video games are often associated with various negative connotations that have obfuscated its positive contributions made to society. As a result, the general public is unaware of how video games have shaped modern-day, some even consider it a meaningless teenager pastime, but this is distant from reality. Video games are important to society at large because they do not serve for entertainment purposes only, they are a major force in the economy, scientific research, and militaryRead MoreVideo Games And Its Effects On Society1588 Words   |  7 PagesSince the creation of Spacewar in spring of 1962, vi deo games have dramatically improved along with technology. It has become the most popular way of entertainment in modern civilization, but it also has become a subject of public concern regarding to its negative effects on peoples psychological and physical problems, especially in children and teens. Video games are now recognized by a study as an addiction according to the journal Psychological Science: â€Å"Researchers used data on 1,200 childrenRead MoreVideo Games And Its Effects On Society2285 Words   |  10 PagesFrom the inception of Pong to the latest chapter of the video game series Assassin’s Creed, virtual gaming has been scorned and shunned as a detriment to society. Older generations speculate that incessant gaming in young children insinuates violence, antipathy, lack of creative initiative, and develops an unhealthy isolation from the real world. However, in recent years, these postulates have been put to the test; a number of scientists have conducted ex perimentation in order to discover whetherRead MoreThe Effects Of Video Game On Society1466 Words   |  6 PagesFor generations games have been an important part of our culture. Many of these games center on war and strategic tactics. Boys and girls have played soldier, Cowboys and Indians, Monopoly, or Chess . Through games such as these the future men and women of society learned strategy and the consequences of controlling and restraining themselves because their actions had consequences. However with the invention of the computer high definition graphics, these games, and many others have been createdRead MoreThe Effects Of Video Games On The Society859 Words   |  4 PagesAccording to a U.S Study by Rideout Et Al (As Cited in Anderson Bushman 2001.a), the popularity of video games is rapidly increasing. In a U.S study by Butchman Funk (As Cited in Anderson Bushman 2001.b), Around 60 percent of 4th grade girls prefer violent games and about 3 out of every 4 boys with a similar age also prefer ferocious ones. This essay will argue that violence in video games should be censored. For the purpose of this essay, violence can be defined as the physical force intendedRead MoreVideo Games And Its Effect On Society1298 Words   |  6 PagesIntroduction During the advent of video games, the world was taken by storm, as this new type of entertainment caught the attention and imagination of the populace; but as this attention grew, concern and scrutiny weren’t far behind. Controversy finally got its chance in the 1990s, when games finally upgraded to 16-bit, giving them the ability to depict realistic blood and gore in games like Moral Kombat; which was criticized for excessive violence, a reason Congress used to create the Entertainment

Ideo Product Development Essay Sample free essay sample

IDEO is an international design and invention consultancy based in United States of America. IDEO was formed in 1991 by a amalgamation of four established design houses: David Kelley Design ( founded by Stanford University professor David Kelley ) . London-based Moggridge Associates and San Francisco’s ID Two ( both founded by British-born Bill Moggridge ) . and Matrix Product Design ( founded by Mike Nuttall ) . Till day of the month IDEO has worked with celebrated clients like Apple. Pepsico. Microsoft. Procter A ; Gamble. AT A ; T. Samsung. Philips etc and developed several successful merchandises from them. If we closely observe the work civilization and direction at IDEO. we can name down a few characteristics of the administration: †¢Flat hierarchy†¢Open Culture†¢Focus on planing advanced â€Å"out of the box† merchandises †¢Constant invention at administration degree by picking up best patterns of the client and implementing them in their administration. †¢Ã¢â‚¬Å"Trial and Error† method of invention: employees are encouraged to do errors and learn from them The nucleus competence of IDEO is â€Å"Innovation† . We will write a custom essay sample on Ideo Product Development Essay Sample or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page bring forthing something which is wholly out of the box for the client and therefore all the activities it performs while developing a merchandise revolves around invention. IDEO’s invention procedure can be loosely divided into 5 phases or activities. 1. Understand and ObserveThis involved the followers:†¢Understand the planned merchandise†¢Observed related merchandises†¢Brainstorming ( on assorted parts and characteristics of the merchandises. the characteristics. functionalities etc ) †¢Prototyping following the 3R scheme ( Rough. Rapid. Right ) to measure the consequence achieved so far. †¢Extensive Market research 2. Visualize and GainIn this staze the merchandise development squad visualized possible solutions through touchable paradigms to the point where merchandise waies are chosen. This is done utilizing the undermentioned mediums: †¢Tech Box: the company’s giant â€Å"shoebox† for wonders autonomic nervous systems interesting appliances meant to animate pioneers. †¢Show and Tell Sessionss: where interior decorators and applied scientists an showcase their penetrations and merchandises †¢Deep dive attack: in instance of a deadlock this attack is used to bring forth a big figure of originative constructs. weed out weak thoughts and get down prototyping based on top smattering thoughts †¢Prototyping †¢Enlightened test and mistake: to promote employees and interior decorators to come up with advanced thoughts 3. Evaluate and RefineThis phase is aimed towards developing functional paradigms and decide proficient jobs every bit good as jobs users may confront. it is done utilizing the undermentioned mediums: †¢Computer Aided Designs†¢Concurrent Technology: a merger of art and technology to bring forth aesthetically delighting merchandises which are technically competent. 4. Execution ( Detailed Engineering )This phase is marked with completion of the merchandise design and confirmation that it worked in the intended manner. It involved: †¢Technical Documentation†¢Delivery of to the full functional theoretical account. tooling database.†¢Vendor choice of assorted parts.5. Execution ( Manufacturing affair )It involves deciding issues affecting the concluding design to guarantee smooth merchandise release to fabrication as the merchandise moved from store foller to client’s mill lines. Stairss involves: †¢Production of tooling †¢Regulatory blessings†¢Pilot tallies All these phases required uninterrupted client engagement to do certain that the designer’s perceptual experience of the merchandise is in conformity with the client’s perceptual experience. Development of 3Com’s Palm V The Palm V undertaking required development of a PDA which is slimmer and sleeker than their existing Palm Pilot. Development ProcedurePhase 0:†¢Extensive market study to understand the betterment countries of Palm Pilot. †¢Careful survey of Palm pilots by really utilizing it and placing the betterment countries. Phase 1:†¢Developing paradigms of different parts of the merchandise. †¢Brainstorming with a diverse squad on assorted facets ( size. form. coloring material ) of the PDA †¢Brainstorming on the stuffs to be used to do assorted constituents of the PDA Phase 2: †¢CAD of the developed paradigm of Palm VPhase 3:†¢Engineering of every constituent in footings of electronics and package †¢Testing for Govt. Regulation.Phase 4:†¢Assisting in concluding fabrication of the merchandise.

The Hobbit as a Fantasy Novel free essay sample

The Hobbit is a fantasy novel about a peaceful hobbit that accompanies a wizard and several dwarves on a journey to steal the great treasures of the dragon Smaug and I believe it demonstrates or uses the features of the fantasy genre. The features of any genre are like a skeleton for the story of that particular genre. Different genres have different features such as different settings, characters, plot, themes and values. Features are like a list of criteria that is used to assess whether the novel fits into a genre. The Hobbit is unable to demonstrate the entire features of the fantasy genre but it is still clear that The Hobbit used the features of the fantasy genre as a skeleton. The first thing to consider when determining whether The Hobbit demonstrates the features of the fantasy genre is the setting. The setting is the where the story takes place. Most fantasy stories take place ‘an enclosed world that is often exotic and mystical’ (Glasson, 1955, p. 55). The setting in The Hobbit follows this idea and the world that it takes place is enclosed and exotic. With rows of strange and devious mountains and thick woods where elves and giant spiders live The Hobbit world is definitely exotic; with the abundance of several other creatures and dragons the world of The Hobbit is also quite mystical and magical. The setting of any genre is the fundamental building block for a stories development. For example, it is quite hard to create an interesting science fiction story that is set in the backyard of a young boy. The Hobbit proves that it uses the writing structure of the fantasy genre by being set in a magical land full of exotic creatures and landforms which are the elements of a typical fantasy story. Setting isn’t the only aspect to be considered when writing a fantasy story; there are also characters to be put into consideration. In the fantasy genre there are usually the protagonist and the antagonist that are in conflict with each other. In The Hobbit the protagonist is a simple hobbit, known as Bilbo Baggins, who becomes a thief on a plan to steal treasures. There is no antagonist in The Hobbit. Smaug is not the antagonist because an antagonist is ‘a principal character that opposes the protagonist’. Throughout the book Smaug does not oppose Bilbo Baggins until he is provoked. He is more of an obstacle than a villain opposing Bilbo and his party of dwarves. On the other hand, The Hobbit demonstrates the features of the fantasy genre through the development of Bilbo. Protagonists in fantasy stories are well-known for their development or change. For example, in the book called Eragon the main character transforms from a deer hunting farm boy into a fierce and powerful dragon rider. In the beginning of the book Bilbo defines himself and the hobbits as ‘Plain quiet folk and have no use for adventure† (The Hobbit, p. 4). Throughout the book Bilbo changes into an extroverted and adventure-seeking hobbit through his experiences. Bilbo had changed from a simple hobbit into a fantasy protagonist with that could fulfil the task at hand. Most stories have a diverse range of characters and within these characters are the protagonist and antagonist. Different genres have different personalities or criteria for their main characters. The main character in a fantasy story is usually changing, confident and adventurous. The evidence clearly reveals that The Hobbit demonstrates the features of the fantasy through the knowledge or skills that the hero gains through his quest. Plot and structure is a key feature to the features of the fantasy genre. The plot and structure in the fantasy is quite unique in contrast to the features of other genres. ‘There is calm, upheaval, calm; then stability is restored’ (Glasson, 1955, p. 55) shows the dynamic structure of a fantasy quest. The Hobbit starts off in a peaceful and calm atmosphere until Bilbo joins Gandalf and the fourteen dwarves in an adventure. During his journey the calm atmosphere is disrupted and ‘upheaved’. When the journey ends Bilbo goes back to his normal life, despite his grown love for adventure. Stability is restored at the end of The Hobbit because the arrogant dragon was killed and Bilbo’s returning to his peaceful life after a crazy adventure. The plot in a fantasy story usually centres on the hero’s quest or journey. The quest is usually a search for a powerful or ancient object that will restore the stability or calm that was disrupted by evil. The Hobbit conforms to this by focusing on Bilbo’s journey but the object (treasure) doesn’t restore the calm but instead creates conflict. In The Hobbit Thorin and his cousin nearly declare war but are forced to join in an attempt to stop the Goblin army. With this evidence it is obvious that the quest was not aimed to destroy evil and it even started conflict. The quest in The Hobbit strays from the criteria of a typical fantasy story. Every protagonist in any genre encounters obstacles throughout story but the reasons for these obstacles change depending on the genre. A dramatic story would use obstacles as a method to exemplify the feeling of the character or his/her flaws while a fantasy story would use obstacles as a test for to prove the character is worthy or expedient. For example, Bilbo encounters three trolls and tries to pickpocket an object from one of the trolls but he is discovered and captured in his attempt. This obstacle could’ve been made to show that Bilbo is not yet a master of stealing and how he still needs to improve before his convergence with Smaug. Most of the elements in The Hobbit successfully combine to create a suitable plot and structure for a fantasy novel. The Hobbit doesn’t completely demonstrate the features of a fantasy story mainly due to the themes and values in the story. In a fantasy quest ‘Tradition values are fought for’ (Glasson, 1955, p. 55). Throughout The Hobbit values are not fought for. For example, Bilbo believed in a simple and harmonious life that is adventure free but as he doesn’t fight for what he believes in and ends up accepting Gandalf’s request. Even when delving deeper into the story values are not fought for and some are even broken. There are different opinions on the features of the fantasy genre and how a book fits into a particular genre and it makes it hard to find out whether a book really uses the features as an outline. By using the typical opinion of the criteria or features of a fantasy quest it is quite clear that The Hobbit follows these outlines. The Hobbit is able to include: an enclosed and exotic setting, mystical creatures, characters that learn from their mistakes and flaws, a plot that focuses on a quest for an object and obstacles that test and teach the hero during his quest. Even though The Hobbit doesn’t use the themes and values of a typical fantasy quest but it still utilizes the features of the fantasy genre.