Wednesday, December 25, 2019

Sherron Watkins And Enron Case Analysis - 1880 Words

Sherron Watkins and Enron Mylissa Hess I have chosen to write a response to the questions assigned that exposes Sherron Watkins’s experiences at Enron and the events leading to her Time Magazine â€Å"Persons of the Year† 2002 nomination. Watkins was Vice President of Enron Corporation who alerted then-CEO Ken Lay in August 2001 to accounting irregularities within the company. Some biography information regarding Ms. Watkins, who entered employment with Enron in late 1993, was initially employed to work for Andrew Fastow. Her role was to manage Enron’s $1 billion-plus portfolio of energy related investments, a position that she held for just a little of over 3 years. In 1997 she transferred to Enron’s international group focusing primarily on mergers and acquisitions of energy assets around the world. In 2001 after having spent a year in Enron’s broadband unit she went back to work for Mr. Fastow where he was responsible for the mergers and acquisitions group of Enron Corp. It was not un til November 2002 that Ms. Watkins resigned from Enron, almost a year after Enron filed for bankruptcy that lead to financial devastation. How did Watkins become aware of the financial reporting problems within the Enron Company? In 2001, after almost eight years with Enron, returned to work for Andrew Fastow, Enron’s chief financial officer (CFO), on a special assignment. These assignment was to estimate the economic effect of potential sales of some of Enron’s assets. This special assignment wasShow MoreRelatedPower Failure : The Inside Story Of The Collapse Of Enron980 Words   |  4 PagesGeneral: Power Failure: The Inside Story of the Collapse of Enron, Mimi Swartz and Sherron Watkins, 432 pages, March 25, 2003, Crown Publishing Group, ISBN: 978-0-767-91368-3 Authors: The book is written by two authors: Mimi Swartz and Sherron Watkins. Mimi Swartz is a journalist who graduated from Hampshire College. She has written for many publications. Her work has been included in Slate, Vanity Fair, National Geographic, The New Yorker, and the New York Times. Currently, she serves asRead MorePower Failure : The Inside Story Of The Collapse Of Enron1837 Words   |  8 PagesGeneral Power Failure: The Inside Story of the Collapse of Enron, Mimi Swartz and Sherron Watkins, 432 pages, March 25, 2003, Crown Publishing Group, ISBN: 978-0-767-91368-3 Authors The book is written by two authors: Mimi Swartz and Sherron Watkins. Mimi Swartz is a journalist who graduated from Hampshire College. She has written for many publications. Her work has been included in Slate, Vanity Fair, National Geographic, The New Yorker, and the New York Times. Currently, she serves as an executiveRead MoreJaclyn Givens. Kathy Osburn. Management 101. 5/8/17. The1400 Words   |  6 PagesJaclyn Givens Kathy Osburn Management 101 5/8/17 The Enron Era â€Å"Just as character matters in people, it matters in organizations,† says Justin Schultz, a corporate psychologist in Denver. The Enron scandal had a big exposure in 2001 confirming the big secret to the increase in billions. In July 1985, Enron formed the merger of Houston Natural Gas and Omaha-based Inter North. The Enron corporation was an American energy company based in Houston Texas. The corporation’s catastrophe in 2001 signifiesRead MoreEnron Was A Successful Multi Billion Dollar Company1555 Words   |  7 PagesEnron was a company that operated one of the largest natural gas transmissions networks in North America. At the top of its game, Enron was a successful multi-billion dollar company that marketed electricity and natural gas. Enron also provided financial and risk management services to consumers around the globe. Because of its success, Enron left many people astonished when it declared bankruptcy in December 2001. Twenty thousand employees were left without jobs and most had lost their entireRead MoreFinancial Performance, Reward And Ethical Behaviors Within The World Of Business782 Words   |  4 Pagesvariables. A person who understands how to shift costs for the short term benefit or long term benefit in order to survive and be profitable. The understanding of this trait is invaluable. In the banking industry, Chase uses this tool in order to analysis and comprehends who are the least profit makers for the bank. ( Mowen, M. (2010). Secondly, Sigma and Design (DFSS) uses together with various other accounting methods to determine the various to inform the maker of producing good quality whileRead MoreThe Rise And Fall Of Enron1008 Words   |  5 PagesIntroduction Enron began as an energy company in 1985. After the deregulation of oil and gas in the U.S., Enron lost its’ exclusive rights to natural gas pipelines. The CEO, Kenneth Lay then hired a consulting firm to reinvent the company in order to make up lost profits. He hired Jeffery Skilling, who was in banking, specifically; asset and liability management. Under the topic â€Å"The Beginning Presages the End†, C. William Thomas (2002) writes: â€Å"Thanks to the young consultant, the company createdRead MoreEnron Case Study2596 Words   |  11 PagesEnron a Case Study Enron, once known as the worldwide leader in energy trading, began as a natural gas pipeline company. â€Å"At its peak, Enron brokered up to 20 percent of America’s energy transactions. These included basic contracts to deliver natural gas from wells to pipelines for distribution to homes, contracts for the purchase of electrical power facility out port, and more complex financial contracts, which allowed power companies to manage price and market risk† (Ackman)Read MoreCase Study: Accounting for Enron4415 Words   |  18 Pagesï » ¿ Case Study 9 Kim Chau California Southern University MKT 86519 Dec 19, 2014 N. Papazian Accounting for Enron Introduction In the case of Accounting for Enron, the case concerned one of the largest corporate bankruptcies in the US history at the turn of the 21st century. It was Enron Corporation, a one time seventh largest most successful US company, sixth largest energy company in the world, valued at over $70 Billion; they filed for chapter 11 on December 2, 2001. Just the year beforeRead MoreAccountant Responsibility1863 Words   |  8 Pagescommunicate financial information for various entities such as companies, individual clients, and Federal, State, and local governments. The provide accurate information to clients by preparing, analyzing, and verifying financial documents, budget analysis, financial and investment planning, information technology consulting, and limited legal services. They analyze and communicate financial information for various entities such as companies, individual clients, and Federal, State, and local governmentsRead MoreLegal Issue-Enron1774 Words   |  8 PagesLegal I ssue in Business: The Case of Enron [Name of the Writer] [Name of the Institution] Legal Issue in Business: The Case of Enron Introduction Business ethics is based on normative ethics , standards that ethics are upheld and applied specific to distinguish what is right or wrong, that is to say what should be done or who should not be fact. However, with few exceptions, business ethicists are usually less interested in the foundations of ethics (meta-ethics) or by the principles

Monday, December 16, 2019

Following Lincolns death (), Radical Republicans took...

Following Lincolns death (?), Radical Republicans took control of Congress and attempted to create a social and constitutional revolution. To do so, they amended the Constitution and imposed the 13th, 14th, and 15th amendments. Although the purpose of these amendments was to create black equality, the South resisted acceptance of these changes so that this could not be possible. In turn, there really were not any social developments even though the constitution had been changed. Lincoln was a moderate Republican and had argued for black suffrage. However, the issue was complicated because of the debate on whether the federal government has the right to interfere (?) with the suffrage that the Founding Fathers had directed at the sates†¦show more content†¦The South did all that it could to suppress and terrorize blacks. The idea was to demonstrate white superiority even though blacks were no longer slaves. The Ku Klux Klan was formed for this purpose and because of it, the Force Bill had to be imposed to control the racist men (Doc I and H). The Force Bill sent in the military to control the KKK terrorization but was ultimately useless because the KKK had already fulfilled its purpose of intimating blacks (Example). Because of this intimating, it is no surprise that social change did not occur. Blacks, though yearning, still did not have the power to counter racist white efforts against them. Every effort the North made to pacify the South and/or to help the Blacks was blatantly rejected by the South. If the North declared one law, the South would find a loophole and thus the country was a mess of disunity and debate over Constitutional changes (?) (Doc. A and B). This tug-of-war is also anther reason for why no social changes resulted from constitutional changes from 1860 to 1877. Even if the 13th, 14th, and 15th amendments were wholeheartedly radical and revolutionary constitutional changes, social changes, never mind developments, were not in any way possible because of strong Southern resistance (Doc. G). Although the Radical Republicans purpose was to create aShow MoreRelatedHow Did The Radical Republican s Rise For The Failure Of The Post Civil War Reconstruction?1619 Words   |  7 Pagesinvestigation will explore the question: How did the Radical Republican’s rise to power contribute to the failure of the post-civil war reconstruction? The time between 1863, when Lincoln passed the ten percent act, until the year 1877, when reconstruction was officially ended, will be evaluated with information provided by the sources. The investigation will specifically look to how the Lincoln assassination allowed for the rise in the Radical Republican Party from 1866 to 1868 and the party’s effectRead MoreThe Broken Promise of Reconstruction the Need for Restitution5574 Words   |  23 Pagesthe enslaved Africans. It is unequivocally true that the enslaved peoples did not create nor did they benefit from this monstrous catastrophe. The other groups however, either benefited in a direct way or thought their social status was improved through the bacillus of racism. Exasperation however, was shared by all to some degree. The Northerners became progressively more dissatisfied with their impotence following the Revolution while the Southerners were increasingly anxious that the North wasRead MoreReconstruction : The Burning Years10732 Words   |  43 PagesDAN GORMAN [Opening Narration]: The following program contains strong language and disturbing thematic content. Listener discretion is advised. (beat) From — — — Productions: RECONSTRUCTION: THE BURNING YEARS. (Music) D.G.: Good evening. My name is Dan Gorman. Like many of you, I didn’t learn much about Reconstruction in high school. I had a wonderful teacher who did much to show the nuances of American history, such as the effects of states’ rights and slavery on the Civil War. Still, my teacherRead MoreLogical Reasoning189930 Words   |  760 Pagesbook Logical Reasoning by Bradley H. Dowden is licensed under a Creative Commons AttributionNonCommercial-NoDerivs 3.0 Unported License. That is, you are free to share, copy, distribute, store, and transmit all or any part of the work under the following conditions: (1) Attribution You must attribute the work in the manner specified by the author, namely by citing his name, the book title, and the relevant page numbers (but not in any way that suggests that the book Logical Reasoning or its author

Sunday, December 8, 2019

Global & International Business Contexts Diamond Analysis

Question: Describe about the Global International Business Contexts for Diamond Analysis. Answer: Part 1: Porters National Diamond Analysis: The diamond model is a study to find out why certain countries succeed in international trade whereas others fail. The model shows that industries are located in particular regions where there is abundance of land, labour, material and capital which make up the four factors of production supported by a chain of markets, suppliers and customers (Hargrovesn Smith, 2013). Porters model of competitive advantage model of nations considers the following factors: Factor conditions: Every country is endowed with its own natural resources which include minerals, cheap labour, technology, financial structure which provides capital to industry and favourable land (Saeedi, et al., 2015). These factors are not present in equal ratio in all the country and are an essential determinant of the type of industry that could develop in a country (Mnsson, 2014). South Africa is rich in minerals, timber and has human resources to work for soft drink industry but it does not have the capital required and most importantly the technology. Demand: Customers, being the creators of demands play a very significant role in deciding a firms success. When there is a large domestic demand, a company produces better quality products for the home market which also influences the foreign market (Obizhaeva Wang, 2013). International soft drinks brands like Pepsi and Mountain Dew bear the testimonial that the South African market has good opportunities and the cold drink company can enter the market to exploit its scope. Related and supporting industries: The presence of ancillary units provides a firm with easily available parts for its assembled finished products. This encourages further development and growth of an industry because availability of parts decreases the cost of importing or buying parts from far off markets. For example, big soft drinks manufacturers like Coca Cola have their own ancillary bottling unit which enables them to cut the cost of buying bottles from outsiders. A firms structure, plans and competitors: The strategies of a firm, structure and rivalry reflect market conditions. South African soft drink market already has two players Coca Cola and Pepsi which presents a huge challenge to a firm of the same category who wants to enter South Africa (Lungeanu Zajac, 2014). It must also be noted that South Africa is poor in infrastructure, which will make a huge investment in infrastructure mandatory. The marketing strategy of the firm has to be modified to suit the poor conditions of South Africa, like selling the soft drinks from hand carts instead of a chain of stores prevalent in rich countries of Europe, North America and Asia. Chance events: Changing market conditions, sudden happenings and new innovations can create new opportunities for a firm to exploit. The present soft drink market in the world is experiencing rise in demand of health drinks and low calorie soft drinks. This gives an opportunity to soft drink companies to manufacture sweet carbonated drink for the young and traditional cola lovers, the energy drinks for the health conscious and a low calorie cola variant for the drinker in between these two segments. Such incidents also allow the soft drinks companies to acquire new buyers and increase profits. Government policies: This is by far the most important factor which can influence all the stated factors. Today governments encourage entry of foreign companies poses a big threat for the domestic companies especially, the small ones with limited resources. Governments earn huge taxes from them in return of business permit in the country. Thus government policies determine the entry of a multinational company. The soft drink company should follow the laws and rules set by the government of South Africa. Figure 1. Porters diamond model (Source: Zhao, Gao Shi, 2015) Part 2: Foreign Direct Investment in Equity in South Africa: Foreign direct investment refers to investment by a company abroad either by acquiring a company, by means of joint venture or merger in order to get access to its resources and earn profits (Moosa, 2016). Based on the above findings, a company intending to enter the market of South Africa can acquire shares of a domestic company, thus gaining right to manage and control the companys assets and other resources. A poor country like South Africa can derive the following advantages from FDI: Economic development stimulation- South Africa has a huge economic resource but lacks the infrastructure and capital to utilize it for the countrys growth. FDI through equity mode can bring in more investment from foreign companies which can help domestic companies to flourish. The European soft drink company can acquire a domestic firm and generate production and employment, thus stimulating economic development. Employment and economic boost- When a global company enters a new economy, they create companies to cater to the economys market. This also leads to growth of ancillary units to supply parts to the main company. This creates employment opportunities bringing about economic growth and improvement in the living standard of the people. Coca cola operates in South Africa through takeovers and other forms of FDI, employing more people than a small domestic company. Easy international trade- International trade policies tend to favour rich, powerful and big countries leaving bleak chances for poor and small countries to bargain. When a global company like Pepsi enters a market through FDI, it can take advantage of the capital and infrastructural strength of the country. FDI makes international trade easier and also gives the domestic companies a platform to explore foreign market opportunities. Development of human capital resources- A big multinational soft drink company requires more trained and experienced people to handle operations across the various markets it serves. Such a big company not only provides employment to the people in the host country, but also trains them. Thus, a multinational company improves the quality of human resource in its host country and gradually leads to better income and economic growth. Tax incentive- The governments in the host countries give tax incentives to global companies in return of their technology, expertise and capital. These big giants as a result can inject more capital in the host market thus expand its business further and also decrease the price of their goods and products (Shunko, Do Tsay, 2014). One of the biggest soft drinks manufacturers in the world, Coca Cola can utilize the tax incentive gained in South Africa by strengthening its market and also reduce the price of the cola drink. Resource transfer- When a multinational company holds equity shares of a smaller company in another country, it gets right to control the assets and resources of the latter. This means, it use the good and services and also the human resources of the smaller company to support its international trade. Thus, the goods and services get new market abroad and the human resources gets new exposure enriching it (Yarbrough Yarbrough, 2014). Increase in productivity- New markets creates new demands thus calling for increase in productivity. A multinational company has the capital and resources to meet the sudden increase in demand, thus helping the domestic to cater to the international market. The brand values of multinational companies also help their subsidiaries to promote their products and grow in the market. Increase in income- It is evident from the above discussion that, increase in employee productivity and new markets result in larger inflow of revenue. Moreover, FDI through equity mode strengthens the capital structure of a company. These two factors contribute towards faster growth of a domestic company thus expanding its control over the market. A domestic soft drink and bottling plant in South Africa can increase its productivity by assisting a company like Pepsi. FDI, through acquisition of equity shares gives a great boost to an otherwise local firm with limited resources and a limited market. However, FDI too has its own share of demerits or disadvantages. The following are the disadvantages of FDI through equity mode: Hindrance to domestic income- Michelle Hutches and Sonja Rego in their work, state that the equity capital of a firm is directly responsible for its capability to take risk (Hutchens Rego, 2013). As per definition, equity capital is the difference between the total of a companys assets and libilties. It can be understood from these two statements that when a multinational soft drink company acquires FDI right by buying equity shares, it gets the power to control the total assets of the domestic company as well. Such a multinational company often uses the resources to retain its worldwide market position, thus depriving the domestic firm of its deserved income. Risk of political changes- Unfavorable political changes in the home country of the multinational company affects the business of the domestic company as it becomes totally dependent on the former. Similarly, a political change in the country of the domestic company can affect it the new policies go against the multinational company which winds up its operations in the host country. In either of the cases, the smaller company gets badly affected and is often left with scarce resources and market to sustain on. Negative influences of exchange rates- A big multinational company like Pepsi or Coca Cola has the expertise like a local beverage company to take advantage of the difference in exchange rates. A domestic company gets exposed to exchange rates and often has to acquire resources at higher prices. Higher costs- Getting involved in international trade demands more productivity necessitating hiring of more staffs to support it. Complying with various international laws and adapting to various market norms causes manifold increase in the cost. A small soft drink manufacturer, unlike a global player in same category, cannot bear the high cost and usually closes down. Economically non viable- Unlike the previous defects, this affects the multinational companies who acquires the equity of a foreign company. The market conditions in the host company may become unfavorable and require winding up of the business in the host country. The multinational company incurs heavy losses which may also hamper its business elsewhere. Expropriation- The government of the host country may acquire the ownership of the assets of the multinational company present within the area of domination. The multinational companies which invest a huge amount towards FDI have to take heavy losses which have significant impact on its resources. Modern day colonialism- Many countries, especially the ones under colonization by a foreign country like the European countries, hinder FDI. They perceive it as a form of modern colonialism leaving their resources and people open to exploitation by the global companies. It must also be noted that most of the multinational companies in the world including Pepsi and Coca Cola either belong to America or Europe. This fact only fuels this perception of modern day colonialism hindering affecting international trade. The work titled Earth, Wind and Fire states that the mining wealth of South Africa is worth $2.5trillion (Ting, 2016). The following are the recommended strategies which can be undertaken to enter South Africas market through FDI in equity mode and for strategic management of it :( Please refer to Appendix 1) Critically analyze the South African market studying legal, economical, financial and technological aspects related to equity FDI, cultural and other important factors. Study the local conditions and establish strong relations with financial institutions, especially those with branches in Europe. The company must also look for quality source of raw materials locally otherwise, it has to import the raw materials from other countries. The company instead of setting up a new subsidiary can take over an existing soft drink company through equity mode FDI and use its plants to create a niche for itself in the South African market. The bigger portion of the South Africans are poor, hence they cannot afford to visit a hotel or a bar and relish a customized cola drink. The company should employ people to sell drinks at low price to the poor in hand carts which will also allow it to penetrate the rural market. However, tourists visiting the country can relish the coal in hotels and bar. Such an approach will allow the firm to cater to both the poor and the rich (Laws, 1995). Now a days expansion in a new market requires a great deal of open innovations and is very expensive (Chesbrough, H., Vanhaverbeke West, 2014). The company should enter into contract with institutions for functions like research, promotion, financing and staffing (Johanson Mattsson, 2015) at local level. This strategy is very effective after entry as the demand increases because availing these services even from an overseas branch of the same company becomes expensive. Strategies and their implementation need to be more localized after the initial establishment stage (Stromquist Monkman, 2014). The company at this stage should acquire a bigger firm; obtain stakes of big material supplying ancillary units and promotion channels. Part 3: Two Management Issues: First, South Africa is rich in raw materials but does not have the required infrastructure, capital investment and expert human resource. Hence, a company intending to enter the market of South Africa needs to invest a lot of capital in it before it can start generating high revenue. Secondly, acquiring equity shares of a domestic company will also require a lot of investment because the market already has strong competitors like Coca Cola and Pepsi. The legal system in the country is still not as open as the European and Asian countries giving rise to a lot of legal complications and high expenditure thereof. Moreover, the people might look upon FDI as a modern form of foreign domination. PESTEL Theory: PESTEL theory studies the political, economic, social, technological, environmental and legal factors effecting a business organization. They are external or macroeconomic factors which affect a multinational corporation more than a domestic company. A multinational corporation has to consider these factors while making strategies and also incorporate them in its communication plan. Political: The government policy, political stability, foreign trade policies and the policies and laws pertaining to FDI play a key role in expansion of a multinational company. The political instability and strict control of the South African government put a huge pressure on the foreign companies (Smith, 2014). International agreements pertaining to taxes, tariffs and exchange rates among other terms and conditions play a very important role in international trade. South Africa is a part of BRICS along with Russia, China, India and Brazil. (Carnoy et al., 2013) This means that an FDI with the country will also access to these emerging markets. Every country has its own legal framework and departments dealing with taxes and tariffs. The governments monitor the working of the MNCs closely since they are among the biggest tax payers. A multinational company should also abide by the rules of the bodies governing commodities or its raw materials. For example, drinkable water in South Africa has to confirm to the standards of South African National Standard 241 Drinking Water Specification (Janse, Barnard Krger, 2016). The business of an MNC is affected by international incidents like terrorism, inflations and wars adversely leading to heavy losses. Transparent policies and target centred strategies can help to tackle such situations. The company must communicate policy changes to the stake holders like customers and governments to ensure cooperation from them. It can minimize the losses suffered due to such urgencies by spreading them over its global market. An MNC should use the international laws and laws in various countries to gain best advantage and means to spread its losses owing to unpredictable factors and make them up. Economic: Economic factors are factors of production which include land, labour, materials and capital (Fuss McFadden, 2014). An MNC should take into consideration the cost of land, laws pertaining to land use and ownership. There exist international labour laws and country specific labour laws in order to protect human resource from exploitation of multinational firms. The firm must include the prevalent remuneration scales and perks in its employee policies to ensure quality labour production. The MNC must abide by the laws to avoid penalty. Each country has its own reserve of natural resources which can be exploited commercially for production. Entering an economy through FDI allows a global company to get access to a countrys resources helping it to increase productivity. South Africa has natural resources which attracts foreign companies to invest in her resources. An MNC should create ties with various financial institutions to get advantage of various financing options. It must also follow the rules and directions set by the international and national bodies and agreement. Social: A multinational corporation caters to a market spread across several countries having their own culture. The multinational company gets both human resource and customers from these markets. It must not act in a way so as harm the religious, cultural or racial sentiments of the people. A big problem in South Africa is apartheid referring to a disparity in laws and treatment giving the minority whites of European origin over the blacks Africans. A multinational company should not indulge in practice of any such policy which will not only affect its business in the country adversely but also hamper its goodwill abroad. Technology: Technology refers to innovation, research and development and autimation which decides minimum levels of production and outsourcing in an economy. South Africa is very poor as far as technology is concerned necessitating a huge capital investment through FDI (Ho, 2014). The resources of the country have not been utilized because South Africa is a poor country without skilled labour force and know how to harness the resources. Environment: Every country has laid down laws to protect its environment in response to international laws to preserve the depleting ecosystems. They also cover water ways, sewage, human health, recycling goods and production of biodegradable products using eco friendly ways. Violation of such laws attracts penal actions or winding up of the business (McIntyre, 2016). Destruction of water resources, forests and wild animal is considered a crime and is dealt in green criminology (Beirne South, 2013). The soft drink company should consider environmental measures tectonic while framing policies so as to avoid grave consequences. Legal: A MNC seeking to enter a foreign market through FDI has to abide by the laws of its home country, host country where it wants to enter and international laws which are often interrelated (Carr Stone, 2013). It must use the land and resources of the host country ethically and legally to maximize its revenue. Private and public sectors participate simultaneously to improve conditions of labour. The company must follow labour laws and use its human resource judiciously to avoid conflict and interruption in production resulting in long term losses. Such a problem can also create unfavourable political situation abroad market related to this market. Many countries give consumers legal remedies against fraudulent products and services (Weatherill, 2013). The soft drink company must produce quality soft drink and simultaneously preserve the environment so as not to attract penalties or closure of business. OLI theory: OLI theory, abbreviation for Ownership, Location and Internalization, is a theory of foreign direct investment (FDI). The theory developed by John Dunning believes that a firm deciding to enter international trade, especially through FDI, considers the three factors and its control over them (Dunning, 2015). These factors go a long way in deciding why some firms are successful global players while others are not. The three determinant factors have been explained below: Ownership: Ownership, according to this theory refers to possession of assets and resources and includes raw materials, work in progress and finished goods (Masulis, Pham Zein, 2015). The key idea is that if a multinational firm acquires the equity of a company in another country, it gives it access to the companys assets as well. The multinational company can then use these resources and assets for production without degrading their value. A multinational company is able to cater to a global market due to its control over vast resources from different countries. It can also be pointed out that dynamic economies like South Africa encourage this kind of FDI from big multinational corporations due to its inherent advantages Location: A firm can take to two approaches in FDI to expand its business in a foreign country. It can locate its plant abroad for production and access to the host countrys market which is called horizontal approach. It may take to invest in a foreign country to avail lower cost of production. In both cases, the corporation generally locates its headquarter in its own home country and the overseas branches are controlled from the headquarter. The control is considered as vertical often lending FDI its vertical nature (Goswami, 2013). A firm usually prefers acquiring locations in developed or developing nations as they have the customer base with purchase capacity for their products. Countries like India, China and USA have become famous destinations for FDI. Multinational companies like Microsoft, Samsung and TATA have FDI in these countries. Big cities like Beijing in China, Mumbai in India and Washington D.C. in the USA are the most preferred location for setting up controlling units. Internalization: A multinational company is dependent on supply chains in all its markets. It can acquire ownership of the firms supplying it with very crucial materials in order to maintain standard in quality and competitive advantage in the market. Here, the supplier becomes a subsidiary or employee of the MNC and this is known as internalization. Again, an MNC may take over its service providers and ancillary unit to ensure speedy servicing and supply of parts at low price. This saves a companys budget and also increases its business. The company should use its huge international market to follow its internalization policy and execution. This will allow it to acquire local business unit in various areas and derive advantage from them. References: Beirne, P., South, N. (Eds.). (2013).Issues in green criminology. Routledge. Carnoy, M., Loyalka, P., Dobryakova, M., Dossani, R., Froumin, I., Kuhns, K., ... Wang, R. (2013).University expansion in a changing global economy: Triumph of the BRICs?. Stanford University Press. Carr, I., Stone, P. (2013).International trade law. Routledge. Chesbrough, H., Vanhaverbeke, W., West, J. (Eds.). (2014).New frontiers in open innovation. OUP Oxford. Conconi, P., Sapir, A., Zanardi, M. (2016). The internationalization process of firms: from exports to FDI.Journal of International Economics,99, 16-30. Dunning, J. H. (2015). Toward an Eclectic Theory of International Production: Some Empirical Tests. InThe Eclectic Paradigm(pp. 23-49). Palgrave Macmillan UK. Fuss, M., McFadden, D. (Eds.). (2014).Production Economics: A Dual Approach to Theory and Applications: Applications of the Theory of Production(Vol. 2). Elsevier. Goswami, A. G. (2013). Vertical FDI versus outsourcing: The role of technology transfer costs.The North American Journal of Economics and Finance,25, 1-21. Hargroves, K., Smith, M. H. (2013).The natural advantage of nations: business opportunities, innovation and governance in the 21st century. Earthscan. Ho, J. K. K. (2014). Formulation of a Systemic PEST Analysis for Strategic Analysis.European academic research,2(5), 6478-492. Hutchens, M., Rego, S. (2013). Tax risk and the cost of equity capital.Available at SSRN. Janse van Rensburg, S., Barnard, S., Krger, M. (2016). Challenges in the potable water industry due to changes in source water quality: case study of Midvaal Water Company, South Africa.Water SA,42(4), 633-640. Johanson, J., Mattsson, L. G. (2015). Internationalisation in industrial systemsa network approach. InKnowledge, Networks and Power(pp. 111-132). Palgrave Macmillan UK. Laws, E. (1995).Tourist destination management: issues, analysis and policies. Routledge. Lungeanu, R., Zajac, E. (2014, January). Director Expertise and its Influence on Firm Strategy: Theory/Evidence from Firms after their IP. InAcademy of Management Proceedings(Vol. 2014, No. 1, p. 17095). Academy of Management. Mnsson, A. (2014). Energy, conflict and war: towards a conceptual framework.Energy Research Social Science,4, 106-116. Masulis, R. W., Pham, P. K., Zein, J. (2015). 7. Ownership and control in family business groups around the world.Research Handbook on Shareholder Power, 131. McIntyre, O. (2016).Environmental protection of international watercourses under international law. Routledge. Moosa, I. (2016).Foreign direct investment: theory, evidence and practice. Springer. Obizhaeva, A. A., Wang, J. (2013). Optimal trading strategy and supply/demand dynamics.Journal of Financial Markets,16(1), 1-32. Saeedi, S., Abiri, B., Hajimiri, A., Emami, A. (2015, September). Differential optical ring modulator: breaking the bandwidth/quality-factor trade-off. InEuropean Conference on Optical Communication (ECOC)(pp. 1-3). Shunko, M., Do, H., Tsay, A. A. (2014). Should a Multinational Firm Place Part of its Supply Chain in a Tax Haven?: Strategies to Enable International Tax Arbitrage.Strategies to Enable International Tax Arbitrage (September 28, 2014). Smith, N. C. (2014).Morality and the Market (Routledge Revivals): Consumer Pressure for Corporate Accountability. Routledge. Stromquist, N. P., Monkman, K. (Eds.). (2014).Globalization and education: Integration and contestation across cultures. RL Education. Stromquist, N. P., Monkman, K. (Eds.). (2014).Globalization and education: Integration and contestation across cultures. RL Education. Ting, M. B. (2016). Historical Review of the Relationship between Energy, Mining and the South African Economy.EARTH, WIND AND FIRE, 60. Weatherill, S. (2013).EU consumer law and policy. Edward Elgar Publishing. Yarbrough, B. V., Yarbrough, R. M. (2014).Cooperation and governance in international trade: The strategic organizational approach. Princeton University Press. Zhao, H., He, K., Gao, X., Shi, L. (2015, June). Analysis of environmental protection industrial cluster in Yixing based on diamond model. InIndustrial Electronics and Applications (ICIEA), 2015 IEEE 10th Conference on(pp. 1081-1086). IEEE.

Sunday, December 1, 2019

Needs of Special Offenders free essay sample

The Needs of Special offenders Inmates with special needs, the mentally ill, and the substance abusing inmates all make up a large number of the prison population. These inmates affect the prison systems in different ways. Providing programs for the mentally ill inmates is extremely difficult for correctional staff. A very high percentage of inmates in the prison system have a mental illness. The demands for security for these inmates can be very challenging to program efforts. Correctional agencies are not equipped to provide mental health programs to the inmates to the same extent as mental health agencies. Mental health programs are critical to the accomplishment of the correctional facility. Correctional facilities provide multileveled and integrative programs to the mentally ill inmates. Without treatment the mentally ill inmates will be unable to prepare for release and they will not be able to reenter the community. The correctional mental health program must be effective in transitioning the inmate back to the community. We will write a custom essay sample on Needs of Special Offenders or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Prior to release, the prison and post release staff ensure that the inmate will receive the proper treatment from the community mental health programs. Substance abuse programs is a must have in a correctional environment because a high number of inmates have a history of alcohol or drug abuse. Fifty-three percent of state inmates and 45. 5 percent of federal prison inmates were classified as having an alcohol or drug abuse dependency. Substance abuse treatment in prisons is critically important, as the Office of National Drug Control Policy reports that treatment while in prison and during postincarceration supervision can reduce recidivism by roughly 50 percent. Historically however, the treatment needs of drug abusing inmates has gone unmet while they are in prison. In a 1991 study by the U. S. General Accounting Office, it was estimated that fewer than 20 percent of identified substance abusers were enrolled in a prison substance abuse program. In a 1998 report, only 24 percent of state inmates were estimated to receive treatment over the course of a year. 5 The percentage of inmates receiving treatment has improved over the past decade. †(Corrections: An Introduction, Third Edition, CH 13. Pg 444) Residential treatment for substance abuse is the most effective type of treatment because it is the most intensive and the inmates live in a unit that is completely focused on substance abuse treatment. Residential treatment is the most expensive but, only 3. 3 percent of the inmates treated in a residential environment, were rearrested within the first six months of release. If the special needs of the mentally ill inmates do not get met and do not get cared for properly, the inmates will not get the proper care they need. The mentally ill inmates will be released back to the streets in the same condition they were in upon entry. If the needs of these inmates do not get addressed, it will defeat the entire purpose behind the mission of corrections, rehabilitation. The mentally ill inmates and the inmates with special needs will cause disruption amongst the prison, this will cause disturbances between the inmates and the security staff. This will cause injuries to the staff and inmates. The inmates that have substance abusive problems will seek the means in acquiring drugs and alcohol from the other inmates and security staff, in order to satisfy their addiction. Inside the correctional facilities is a mental health treatment program. The mental healt treatment programs play a critical role in rehabilitation of the offender, the better the treatment, the less likely the offender will be likely to commit the crime again. Mental health programs have a continuum of care in order to provide various levels of care based on the needs of every inmate treated. The most intensive level is the inpatient hospital inside of the facility. The inpatient treatment is for the inmate with needs for aggressive treatment. The facility has short term crisis units that stabilize symptoms and send inmate back to general population when treated. The third unit is a residential unit that treats the inmate in a general population setting so the inmates still interact with other inmates.

Tuesday, November 26, 2019

The king of comedy Essays

The king of comedy Essays The king of comedy Essay The king of comedy Essay The king of comedy Look tragedy through comedy l made so many tragedies, but the audience thought I had been making comedies all the time, Stephen Chou stated. When we refer to comedy, what comes up to your mind, laughter, humor? Have it ever occurred to you that sometimes the director was trying to express a tragedy emotion behind the comedy atmosphere? When we talk about Chinese comedy, we have to come to the most famous Chinese comedy actor, Stephen Chou, who acted in a large number of famous comedy movies. He plays an important role in the comedy world. In China, everyone knows his name. Among his representatives, the king of comedy is the most meaningful one to me. The king of comedy is about an actor, who Just played a bit role at the beginning, became a famous actor at last because of his great effort. Stephen Chou played a role called Diatonic. Reading tons of books about acting and wandering around the film studio to seek opportunities, he was crazy about acting. Unfortunately, the director only used famous actors to act. He did not give up. He opened a cinema and taught acting skills for free. Then by chance, he was able to act again. However, things did not go as well as he thought. Going through some setbacks, Diatonic was appreciated by a famous actress, Juan, who helped Diatonic play a main actor. At last, Diatonic helped a spy arrest the criminals and he made a success in his career. This movie is classified as a comedy, however, when you analyze this film through, you will find that this movie is a mirror of Stephen Ouzos career experience. The whole film was in an informal atmosphere. The first scene came into the audience was that Diatonic screamed to the sea, Fighting! We can tell that Diatonic was an ambitious young man. However, life was not fair to him. He wandered around the film studio everyday in order to seek an opportunity to act, even though it was only an extra. Fortunately, he did get a chance, which was a role Just act for a few seconds. Ironically, he acted too exaggeratedly and appeared in a scene that he should not be in. All the scenes needed to be refilled. The main actress was so angry, Im begging you. Even though t is only an extra, you should find a professional extra for this role. As a green hand in acting, Diatonic was so disappointed to hear this. This was about exactly what happened to Stephen when he was young. When he graduated after high school, he made a short film, as the main role and the director. However, the supporting role became famous. He could only be an extra in the following years and suffered from peoples insult. If you do not know Stephens background, you may not realize that the tragedy emotion behind this scene. We may come across a large quantity of faculties in our lives. Faced with them, some people choose to fight with it while some people choose to surrender. I am an actor, Diatonic declared. When people laughed at him, even the cook was not willing to serve him the food. This sentence always came out from Diatonic. When Diatonic decided to teach people how to act for free, a bunch of dancing girls in the bar came to learn. One of them, Phobia, could not stand Diatonic called her dancing girl, so she hit and insulted him with words. However, Diatonic replied, Miss, if you must call me an extra, you dont need o add damned in front of it. The audience burst into laugher hearing this. An actor might suffer from peoples insult only because you were not famous. What a tragedy it is. People Judge others according to their fame. Stephen wanted to use this scene to criticize a bad atmosphere in the society. If you Just laugh at it and do not think about it, you will never understand Stephens purpose. In the book, Of Contrast Between Tragedy and Comedy, the author pointed out that: The characteristic of comedy is laughter. It must, therefore, be asked how the excitation insolence and indignation is related to the laughter, or at least, how these emotions leave room for laughter. Satire, also, may be interpreted as a modification, or even as a kind odd inversion of comedy. The similarity of structure in the complex of emotions aroused by tragedy and that aroused by comedy suggests the possibility tragedy contributes to laughter. (552) We can tell that sometimes tragedy is hidden behind the comedy. Nothing is absolute. When these big stars offended Diatonic, their words seemed to be funny. Actually, they exposed that they had a bad morality. In the movie, Diatonic was a person who knew how to seize opportunities. When Juan agreed to help Diatonic, she let him participant in AU audition. They played a couple and Juan was going to die, Ive encountered too much failure in my life, and Im very tired. If I lose you too, I cant hold on anymore. With Donations nasal mucus falling onto Jeans face, the audition was passed. This scene was so interesting. Everyone was angry that how dare Diatonic let his nasal mucus fall. However, Juan thought that he was really devoted to the acting so that he could run his nose. This comedy scene reflected that in order to be an good actor, you should have a good reaction. Whenever you are required to cry, you need to cry. We always see the actors fabulous moment on stage, but who knows what they gave up to achieve todays success. The book Notes on Comedy and Tragedy also illustrated this point, Although comedy and tragedy are frequently considered antithetical in substance and treatment, their significance is not sufficiently realized, however, until one considers the similarity between comedy and tragedy (45).

Friday, November 22, 2019

Floating Spinach Disks Photosynthesis Demonstration

Floating Spinach Disks Photosynthesis Demonstration Watch spinach leaf disks rise  and fall in a baking soda solution in response to photosynthesis. The leaf disks intake carbon dioxide from a baking soda solution and sink to the bottom of a cup of water. When exposed to light, the disks use carbon dioxide and water to produce oxygen and glucose. Oxygen released from the leaves forms tiny bubbles that cause the leaves to float. Photosynthesis Demonstration Materials You can use other leaves for this project besides spinach. Ivy leaves or pokeweed or any smooth-leaf plant work. Avoid fuzzy leaves or areas of leaves that have large veins. fresh spinach leavessingle hole punch or a hard plastic strawbaking soda (sodium bicarbonate)liquid dishwashing detergentplastic syringe (no needle, 10  ccs or larger)clear cup or glasslight source (bright sunlight works or you can use an artificial light) Procedure Prepare a bicarbonate solution by mixing 6.3 grams (about 1/8 teaspoon) baking soda in 300 milliliters of water. The bicarbonate solution acts as a source of dissolved carbon dioxide for photosynthesis.In a separate container, dilute a detergent solution by stirring a drop of dishwashing liquid in about 200 milliliters of water.Fill a cup partly full with the baking soda solution. Add a drop of the detergent solution to this cup. If the solution forms suds, add more baking soda solution until you stop seeing bubbles.Use the hole punch or straw to punch ten to 20 disks from your leaves. Avoid the edges of the leaves or major veins. You want smooth, flat disks.Remove the plunger from the syringe and add the leaf disks.Replace the plunger and slowly depress it to expel as much air as you can without crushing the leaves.Dip the syringe in the baking soda/detergent solution and draw in about 3 ccs of liquid. Tap the syringe to suspend the leaves in the solution.Push the plunger to expel e xcess air, then place your finger over the end of the syringe and pull back on the plunger to create a vacuum. While maintaining the vacuum, swirl the leaf disks in the syringe. After 10 seconds, remove your finger (release the vacuum).You may wish to repeat the vacuum procedure two to three more times to ensure the leaves take up carbon dioxide from the baking soda solution. The disks should sink to the bottom of the syringe when they are ready for the demonstration. If the disks do not sink, use fresh disks and a solution with a higher concentration of baking soda and a bit more detergent.Pour the spinach leaf discs into the cup of baking soda/detergent solution. Dislodge any disks that stick to the side of the container. Initially, the disks should sink to the bottom of the cup.Expose the cup to light. As the leaves produce oxygen, bubbles forming on the surface of the disks will cause them to rise. If you remove the light source from the cup, the leaves eventually will sink.If you return the disks to the light, what happens? You can experiment with the intensity and duration of the light and its wavelength. If you would like to set up a control cup, for comparison, prepare a cup containing water with diluted detergent and spinach leaf disks that have not been infiltrated with carbon dioxide.

Thursday, November 21, 2019

Portrait photographer interview Essay Example | Topics and Well Written Essays - 1250 words

Portrait photographer interview - Essay Example instructor. I come from a family of six children, I am the third born in the family, and I have three children, Sarah, Samuelle, and Susan (Somerstein 1). I am also a professional Portrait Photographer discovered as a little girl. I took my very first photos during the Vietnam War, and since then I have been hooked on photography (Somerstein 1). I became a professional photographer back in 1970, when the Rolling Stones magazine looked at my work and decided to sign me on as their photographer. the world. Photography is my life. When I take a photograph, I feel an essence of communication between me and the person am taking the photograph of. It is a new learning experience for me every time. publicly accepted photograph was that of John Lennon during my time at Rolling stones, it would be safe to say that I â€Å"made it† in the 1980s, which was ten years after I started working professionally. So it took me around ten years before I got my big break. because, when I like something or someone, I take a photo of them. To me portrait photography is the best way to get to know people better, to communicate with them, and learn more about them. Portrait photography is reality, which is what I want to experience when I take photographs to photography, photographers such as Henri Cartier-Bresson and Frank Robert were my biggest influence (Somerstein 1). They have a way of using their photography as a toll for personal reportage. The photographs they take are merely a report of what is, no additions, no subtractions, just a graphical representation of reality. Stones magazine and Vanity Fair. They have all been big projects for you and you have executed each project remarkably. Now, am curious, how do you get work? Do your clients look for you? Or are you the one who looks for them? and for that reason, I needed to gather as many customers as possible for my work. I still do up to date but at the moment, it is the clients who come

Tuesday, November 19, 2019

Digital Media and how it has changed buisness in society Research Paper

Digital Media and how it has changed buisness in society - Research Paper Example Cutting edge media is no longer limited to a TV or radio show, daily paper or promotion. Rather, todays media from content to movie and sound could be recovered and imparted electronically, utilizing everything from desktop workstations to little portable apparatuses. This electronic spread of media has had a capable effect on the way individuals convey for private explanations, school and even business. Then again, advanced media has not had just a positive effect on business (Lake & May, 2012). Over the past decade, the web and new media have improved quickly. The expanding criticalness of the web and new media has a major effect on business correspondence. There are numerous issues that conglomerations are challenging in this specific field of correspondence, for example publishing news via message, the most favorable way of correspondence with clients, the value and client-cordiality of their resource. An additional part of this study is the social media angle and how conglomerations manage it. As a result of advanced media, associations can get their informative data out to the people speedier than any other time. Rather than printing embeds and sitting tight for the Sunday paper to advertise their bargains, associations now can let the planet ponder an electrifying announcement through message, informal communication, their web spaces and Internet notices. Notwithstanding, advanced media can spread terrible qualified data around a business exactly as speedy as it can spread exceptional. A movie or camera brought with a mobile phone or a Facebook announcement offering an association mystery or blooper can go viral inside minutes, leaving a business notoriety harmed when business before advanced media might have been equipped to clear up the mess in length before it started offering stock purchases (Castells & Cardoso, 2005). Innovation has empowered business correspondences extending from message to motion picture visit to cell calls.

Sunday, November 17, 2019

Coca Cola and Pepsi Profitability Analysis Essay Example for Free

Coca Cola and Pepsi Profitability Analysis Essay Gross profit margin(2013) = 100 Ãâ€" 28,433/46,854 = 60.68% Gross profit margin(2012) = 100 x 28,964/ 48,017=60.32% Gross profit margin(2011) = 100 x 28,326 = 60.86% Source: PepsiCo Inc. Annual Reports Gross profit margin (2013) = 100 x 35,172/66,415 = 52.96% Gross profit margin (2012) = 100 x 34,201/65,492 = 52.22% Gross profit margin (2011) = 100 x 34,911/66,504 = 52.49% Gross profit margin is a resource for paying extra expenses and future cutbacks. Coca-Cola Co. gross profit margin declined from 2011 to 2012 but then inclined from 2012 to 2013. However, it did not reach the level of 2011. PepsiCo Inc.s gross profit margin, on the other hand, decreased from 2011 to 2012 however it improved from 2012 to 2013 go over 2011’s level. Comparing the two companies, Coca-Cola Co. has a higher gross profit margin which shows superior fraction of revenue existing to coat operating and other costs. Net Profit Margin (USD $ in Millions) Coca-Cola Co. 2013 2012 2011 Net Income Before Minority Share of Earnings, Equity Income, and Nonrecurring items 8,584 9,019 8,572 Net Sales 46,854 48,017 46,542 Net Profit Margin 18.32 % 18.78 % 18.42 % Source: Coca-Cola Co. Annual Reports Net Profit Margin (2013) = 100 x 8,584/ 46,854 = 18.32% Net Profit Margin (2012) = 100 x 9,019/48,017 = 18.78% Net Profit Margin (2011) = 100 x 8,572/46,542 = 18.42% PepsiCo 2013 2012 2011 Net Income Before Minority Share of Earnings, Equity Income, and Nonrecurring Items 6,740 6,178 6,443 Net Sales 66,415 65,492 66,504 Net profit margin 10.15 % 9.43 % 9.69 % Source: PepsiCo Inc. Annual Reports Net Profit Margin(2013) = 100 x 6,740/66,415 = 10.15% Net Profit Margin(2012) = 100 x 6,178/65,492 = 9.43% Net Profit Margin(2011) = 100 x 6,443/66,504 = 9.690% Net profit margin is an indicator of profitability, computed as net income divided by revenue. It measures how much out of every dollar of sales a company actually keeps in earnings.(Wintner Tardif, 2006, p349)Coca-Cola Co. net profit margin improved as of 2011 to 2012 although decreased drastically starting 2012 to 2013.PepsiCo Inc. net profit margin go down beginning of year 2011 to year 2012 but after that recovered from 2012 to 2013 going beyond the level of 2011. The figures above indicate that Coca-Cola Co. has a elevated profit margin compare to PepsiCo Inc., which indicates more cost-effective corporation which better control its costs compared to Coca-Cola Inc. Total Asset Turnover (USD $ in Millions) Source: Coca-Cola Co. Annual Reports Total assets turnover(2013) = 46854/90055 = 0.52 Total assets turnover(2012) = 48017/86174 = 0.56 Total assets turnover(2011) = 46542/79974 = 0.58 PepsiCo Inc. 2013 2012 Net revenue 66415 65492 Total assets 77478 74638 Total assets turnover 0.85 0.87 Source: PepsiCo Inc. Annual Reports Total assets turnover (2013) = 66415/77478 = 0.85 Total assets turnover (2012) = 65492/74638 = 0.87 Coca-Cola Co.s net profit margin enhanced from 2011 to 2012 nevertheless go  down considerably as of 2012 toward 2013. PepsiCo Inc.s net profit margin, on the other hand, worsens since 2011 to year 2012 but raised the following year exceeding the level of 2011. The figures above indicate that PepsiCo Inc. has a higher Total Assets Turnover comparing to Coca-Cola Co. which shows that PepsiCo turns its assets faster into sales. Asset Turnover is connected to Return on Assets (ROA) through Du Pont formula. DuPont Return on Assets (ROA) (USD $ in Millions) Coca-Cola Co. 2013 2012 2011 Net Profit Margin 18.32% 18.78% 18.42% Asset Turnover 0.52 0.56 0.58 Return on Assets(ROA) 9.52 10.51 10.68 Source: Coca-Cola Co. Annual Reports ROA(2013) = 18.32% x 0.52 = 9.52 ROA(2012) = 18.78% x 0.55 = 10.51 ROA(2011) = 18.42% x 0.58 = 10.68 PepsiCo Inc. 2013 2012 Net Profit Margin 10.15% 9.43% Asset Turnover 0.85 0.87 Return on Assets (ROA) 8.62 8.20 Source: PepsiCo Inc. Annual Reports ROA(2013) = 10.15% x 0.85 = 8.62 ROA(2012) = 9.43% x 0.87 = 8.20 The ROA numbers provides investors with an overview of how efficiently the business is converting the investment into net income. (Gibson, 2009) Coca-Cola Co. ROA decreased starting of 2011 to 2012 as well as as of 2012 towards 2013. PepsiCo Inc. ROA, on the other hand, declined from year 2011 to 2012’s level however later inclined since 2012 towards 2013, however it did not reach the level of 201l. Nevertheless, Coca-Cola has a higher the ROA numbers compare to PepsiCo. which shows that the business earns more capital on a smaller amount of investment. DuPont Return on Equity(ROE) (USD $ in Millions) Coca-Cola Co. 2013 2012 2011 Net Income 8,584 9,019 8,584 Total Shareholder Equity 33,173 32,790 31,635 Return on Equity (ROE) 25.87% 27.50% 27.13% Source: Coca-Cola Co. Annual Reports ROE(2013) =100 x 8,584/33,173 = 25.87% ROE(2012) = 100 x 9,019/32,790 = 27.50% ROE(2011) = 100 x 8,584/31,635 = 27.13% PepsiCo Inc. 2013 2012 2011 Net Income 6,740 6,178 6,443 Total Shareholder Equity 24,279 22,294 20,588 Return on Equity(ROE) 27.76 % 27.71 % 31.29 % Source: PepsiCo Inc. Annual Reports ROE (2013) = 100 x 6,740/24,279 = 27.76% ROE(2012) = 100x 6,178/ 22,294 = 27.71% ROE(2011) = 100 x 6,443/20,588 = 31.29% Return on Equity (ROE) determines how sound a company makes use of reinvested earnings to make more earnings. ROE is utilized as a common hint of the business effectiveness. In other words, what amount of revenue the business is capable to generate with the resources provided by its stockholders. (Gibson,2009) Coca-Cola Co.s ROE increased as of 2011 towards 2012 except that later declined considerably from 2012 to 2013.PepsiCo Inc.s ROE, on the other hand, decreased starting year 2011 to 2012 but then slightly rise  up from 2012 to 2013. Based on the numbers above, we can conclude that PepsiCo Inc. has a competitive advantage over Coca-Cola Co. because it has a higher ROE, which means that is growing profits without pouring new capitals into business. References Wintner, S., Tardif, M. (2006)Financial Management for Design Professionals: The Path to Profitability. MA: Kaplan AEC Education. Retrived from: http://finance.yahoo.com/news/abercrombie-fitch-no-profits-just-225850116.html?session-id=7b3af266ae1a387aaf0cfe6dca24ba10 Gibson, C. (2009)Financial Reporting Analysis. Using Financial Accounting Information (11the Ed) MA: South-Western Cengage Learning, Mason,OH

Thursday, November 14, 2019

Contrasting Poets Lawrence And Shapiro In Their Views Of Nature :: essays research papers fc

Contrasting Poets Lawrence and Shapiro in Their Views of Nature Throughout the history of literature, poetic views of nature has evolved through time. One of the most differing eras is the twentieth century. With it's non-classical views, the twentieth century is one of the most influential eras. While the Victorian era practiced traditional values, the twentieth century influences techniques of love and the loss of the beauty in nature. Poets of the same century have multiple views, many differing. Two major twentieth century poets are D.H. Lawrence and Karl Shapiro. D.H. Lawrence loves and is in touch with nature, while Karl Shapiro cares more of war and satires of government, not giving much thought to nature. Even though both poets share and differ in views, both are twentieth century poets. The twentieth century lasted from 1900-1939. It began at the dawn of the new century and in England, is set by the death of Queen Victoria. Reading attracted a large audience because of the tremendous growth in education opportunities (Granner, 616). One major downfall and factor of the twentieth century was World War I. This was had pulled up new roots that were "buried in the past," causing multiple conflicts between nations (Granner, 611). The war reflects the bitterness and troubles put on twentieth century poetry. The poets wrote of science fiction, anti-war protagonists, and ridicule of authority. Leading poets in the twentieth century are D.H. Lawrence, James Joyce, Joseph Conrad, Dylan Thomas, and H.G. Wells. D.H. Lawrence views on nature are more humanistic, rather than natural. He loves individuality and "inner self" (Magill, 1686). His writing were pure because of his adolescent puritan environment (Becker, 5). D.H. Lawrence, although in the twentieth century, is a die-hard romantic (Albright, 1). To Lawrence, nature was an item of beauty and creativity. He respects nature. In Lawrence's poem, "The Sea," he humanizes the sea. He states that the sea is "celebate and single," referring to a person. He treats this part of nature as if it is a real person. He does his with great passion showing his love for nature. He goes further stating, "Sea only you are free, sophisticated." Here again one views the humanistic views upon nature. Nature to Lawrence is an individual, trying to survive in this world of chaos. He refers to the sea as being a perfect individual. Throughout this poem, Lawrence constantly refers to nature as humanistic, much unlike most twentieth century poetry. He has the passion and love that most poets of that century do not. Karl Shapiro is another leading poet amongst the twentieth century.

Tuesday, November 12, 2019

The Law Making Process in Congress

In USA the political arena is dominated by two political parties namely the Democrats and the Republicans. Each of the two parties has significant bearing in the governance of US. In them are bred the presidential candidates. When the president wins the elections, it is either because of the Democrats party or because of the Republicans party. What the party does is offering the technical and financial support during the presidential campaigns in form of fund-raising and organizing of the campaign activities (Bacevich, 2009)Out of them will also be born the law makers since they act as a vehicle in which the politicians travel into the senate or the house to make laws. The governments at the city, provincial and national levels are composed by members of law makers who emanate from the political parties. Upon getting into their offices the leaders who were elected from the political parties in US are taken to the noble task of setting up the government strategic plans they will then form judicial system in the government to oversee the constitutional matters including the legal matters as well.It is the also the role of the political parties to furnish the congress with the senators whose hands the public bills pass for approval as laws. The senators can kill the bill or approve it and leave it for presidential decision. The ministers, supervisors and financiers in public offices come from these political parties. The government departments that play pivotal role in the US make up the ministries which are spearheaded by the ministers and supervisors. They therefore have great influence here. (Beard, 1920)Consequently, in the event of enforcing their mandate in the law making process, the individual politicians earn a great deal of benefits. When they see a potential gain in a particular bill to be enacted, they have nothing but to bulldoze it through the obstacles into being a law. When the bill will potentially take something from them, they suppress and kill it. If defeated, they weaken it with amendments (Schmidt ,2008). Besides, as a way of assuring their constituents of their worthy action in the house or senate, they introduce the public bills quite often.By so doing they win the favor of the public and build good grounds for the next election. The Law making process in Congress What gets into the congress as a bill meets a set of steps set to try it out and validate it as a law. These trials mainly done by the law makers in the Senate or the House, sometimes with inclusion of the public or the lobbyists. The steps they subject the bill to makes a total of nine, along which the fate of whether the bill will make it to be a law will be judged.Each step is almost a roadblock to the bill and in most cases, the bill that makes it to a law does so having been distorted through amendments (Hamilton, 2004). The first step introduces the bill into the house or the senate as a new number, denoted as ‘HR’ if introduced to the hou se or ‘S’ if to the senate. Here, the number and the influential ability of the senators introducing the bill have a bearing on its fate. The second step subjects the bill to a blazing fire of a committee which in turn toughens its influence on the bill by assigning it to yet another fire of Sub committee that it selects.If the bill survives death in the hands of the Sub committee, it gets to the committee level. If it survives the second time, it gets approved into the full chamber in the congress. The survival of the bill is owed to the kind of committee spearheading its approval. It could be friendly or not (Schmidt et. al, 2008). The bill then has to secure a place in the agenda for discussion in the House. Placing it on the agenda is the work of Rules Committee drawn from the senior members of each party.As in the name, they give the bill the rule or procedure with which it can be discussed. The bill then proceeds to the fourth step in the full chamber where all th e senators throw in cards in the process of making the amendments in the bill. The participation in this is however restricted depending on whether the bill goes through the open rule or the closed rule. The source of the rule dictates this. In the former any legislator in the house can amend while in the latter the committee member reporting it makes the amendment.Then it enters the 5th step in the senate where, like in the House of Representatives has to go through the same committees with the exception of the rules committee. The passage through this takes it to the floor of the senate where it can be discussed by the full chamber. This step through the other chamber is calling since it can kill the bill if the senators chose to take longer time in discussing it. The bill then gets to the conference committee which harmonizes its form at the house and at the senate to come up with the form that can be accepted by the president.Then it gets into further refinery at the congress by both chambers for acceptance changes or rejection. The accepted bill is sent to the president who will approve, veto or do nothing. The veto may be overridden by two thirds voting from each chamber of congress. The functions and powers of the president The functions of the US president lie within his execution of powers that he has. Being the head of state, he is considered the commander in chief of the armed forces. This mainly gives him a better hand in commanding the defense of the state from external attacks.He also basks in the glory of forgiving federal criminals especially during public functions. He is the one whose call is heard by the congress when there is need for a special session. During the national functions and the international meetings, the president speaks on behalf of the nation, receive ambassadors from other nations. When the US laws have been passed in the house, it is the duty of the president to ensure that they are enforced. The work of appointing officia ls within the executive arm of the government as well as judges in the judicial arm is also a reserve for the president.It is him who is responsible for signing agreements with other nations. In the senate, the president will be the final man to approve the law. Therein, he can sign it, veto it or do nothing to it. This has great implication on the bills. With all these many responsibilities, the nation grants him powers accordingly. In his executive position, he is the man with the power to enforce the law, to make appointments in the executive branch and the senate, to remove officers, to enjoy executive privileges besides commanding the armed forces (Schmidt et. l, 2008).In the legislature, he influence a lot in the law making process, either in calling for meeting or approving laws. The judiciary gives him the powers of appointing the judges and pardoning criminals who have been judged. The president can declare the state of emergency if he sees the government is in a pending da nger. President is one with the power in ensuring the financial stability of the country in addition to maintaining good relationship with foreign nations (Forman, 2008).

Saturday, November 9, 2019

My Learning Experiences in Math

Mathematics may be defined as the subject In which we never know what we are talking about, nor whether what we are saying Is true. How can we be able to love Math without compelling ourselves in doing so? That remarkable question can definitely be retorted as I stepped In Ma'am Doll's math class. Doubtless of the fact, she Is truly an extraordinary teacher, I suppose. She taught me to understand math the way I understand my easiest subject. She had instructed me to perceive math simply as it should be. In this case, she had taught me a great lesson in life.That if we do not believe that mathematics is simple, it is only because we do not realize how complicated life is. Through the months, I've been starting to love math. It has instilled in me that every problem nor every equation, is only a challenge that I must surpass. Honestly speaking, I never conceited liking math radically. I used to loathe and curse it like there's no end. Eve always dreamed that we need not to study math b efore long. However, my standpoint did certainly change. As I entered our room, there's hat bit feeling of anxiety within me.I earnestly don't know what feeling to feel once you get In a math class. Either of which Is the feeling of excitement and again, the feeling of anxiety. Ma'am Doll helped me to understand and seize the beauty of mathematics. She brought me into the world of complication yet also into recreation. Math, indeed, educated me to visualize things in a different perspective. By all odds, it is certainly analogous with life. It substantiates the fact that life is undeniably complicated. In my 14 years of existence, math never became easy.You will always have to wake up each and every day anticipating that math is reality. Most likely, every individual you see, dislike math surpassingly. It constantly interrogates us a puzzling question of why on Earth do we need to study math. As a matter of fact, math Is comprehensive all throughout, whether we Like It or not, mathe matics will never vanish In our midst. My Learning Experiences in Math By Kristin_pile Mathematics may be defined as the subject in which we never know what we are talking about, nor whether what we are saying is true.How can we be able to love definitely be retorted as I stepped in Ma'am Doll's math class. Doubtless of the fact, she is truly an extraordinary teacher, I suppose. She taught me to understand math how complicated life is. Through the months, Eve been starting to love math. It has that bit feeling of anxiety within me. I earnestly don't know what feeling to feel once you get in a math class. Either of which is the feeling of excitement and again, the math is comprehensive all throughout, whether we like it or not, mathematics will never vanish in our midst.

Thursday, November 7, 2019

Jingle Bells in Spanish

Jingle Bells in Spanish Here are three Spanish-language Christmas songs that can be sung to the tune of Jingle Bells. None of them attempt to be a translation of the English song, although they all borrow the bell theme. Following each song is an English translation, and at the bottom of the page is a vocabulary guide for the boldfaced words. Cascabel Cascabel, cascabel,mà ºsica de amor.Dulces horas, gratas horas,Juventud en flor.Cascabel, cascabeltan sentimental.No ceces, oh cascabel,de repiquetear.adjective Translation of Cascabel Jingle bell, jingle bell,music of love.Sweet time, pleasant time,Youth in bloom.Jingle bell, jingle bellSo sentimental.Dont stop, oh jingle bell,the happy ringing. Navidad, Navidad Navidad, Navidad, hoy es Navidad.Con campanas este dà ­a hay que festejar.Navidad, Navidad, porque ya nacià ³ayer noche, Nochebuena, el nià ±ito Dios. Translation of Navidad, Navidad Christmas, Christmas, today is Christmas.It is necessary to celebrate this with bells.Christmas, Christmas, because just last nightthe little baby God was born. Cascabeles Caminando en trineo, cantando por los camposVolando por la nieve, radiantes de amorRepican las campanas, brillantes de alegrà ­aPaseando y cantando se alegra el corazà ³n,  ¡ay!Cascabeles, cascabeles, tra la la la la ¡Quà © alegrà ­a todo el dà ­a, que felicidad, ay!Cascabeles, cascabeles, tra la la la laQue alegrà ­a todo el dà ­a, que felicidad Translation of Cascabeles Traveling by sleigh, singing through the fieldsFlying through the snow, beaming with love,The bells ring, brilliant with joy.The heart is cheerful as it strolls along and sings. Whee!Jingle bells, jingle bells, tra-la-la-la-la.What joy all day, what happiness! Whee!Jingle bells, jingle bells, tra-la-la-la-la.What joy all day, what happiness! Whee! Translation Notes In this context, a cascabel typically refers to a small metallic ball with a piece of metal inside that is designed to make a ringing sound when the ball is shaken. Such a ball is often attached to the collar of a pet or the harness of a horse so its motion can be heard. A cascabel can also be a baby rattle or the rattler of a rattlesnake. Note how dulces (sweet) and gratas (pleasant or agreeable) are placed before the nouns they modify. This is commonly done with adjectives that have an emotional aspect. Thus dulce after a noun might refer to sweetness as a taste, while dulce in front may refer to a persons feelings about the noun. The suffix -tud is added to a slightly modified root word joven (meaning young) to turn the adjective into a noun, forming juventud.   Tan is closely related to tanto; both are used in making comparisons. Cesar is a cognate of to cease. Just as we would be more likely to use stop rather than cease in everyday speech, so would Spanish speakers more likely use parar or terminar. Note how this song uses the familiar second-person form ceses, speaking to the cascabel as if it were a person. This is an example of personification. Repiquetear usually refers to the lively ringing of bells, although it can also be used to the sound of drums or a repeated pounding on something. Navidad is the word for Christmas as a noun, while navideà ±o is the adjective form. Campana usually refers to a traditional bell or something that is in the shape of one. Hay que followed by an infinitive is a common way of saying that something needs to be done. Festejar usually means to celebrate, although celebrar is more common. Normally, the event being celebrated (este dà ­a) would be placed after festejar, as would be done in English. Presumably an atypical word order was used here for poetic purposes. Either và ­spera de Navidad or Nochebuena can be used to refer to Christmas Eve. Ya is a vaguely defined adverb used to add emphasis. The translation of ya is highly dependent on context. Ways of referring to last night in addition to ayer noche include anoche, ayer por la noche and la noche pasada. Nià ±ito is an example of a diminutive noun. The suffix -ito has been appended to nià ±o (boy) to make it refer to a baby boy. Dios is the word for God. As with the English god, the word is capitalized when it used as the name of a specific divine creature, especially the Judeo-Christian God. Campo usually means field. In the plural, as here, it can refer to an undeveloped rural area. Ay is a multipurpose exclamation that usually has a negative connotation such as ouch! Here it seems to be more of a simple shout of joy. Dà ­a , the word for day, is one of most common nouns ending in a that is masculine, breaking a common gender rule.

Tuesday, November 5, 2019

6 Easy Steps to Finding Career Success

6 Easy Steps to Finding Career Success We all know what it’s like to want to succeed, but feel as though we’re just not cutting it. Here are six proactive things you can do to get over your fear of being rejected and focus on building momentum in the long term. Step 1:  Get used to hearing â€Å"no†Don’t take things personally. Rejection is part of the normal rhythm of a career. People say â€Å"no† all the time, for a wide variety of reasons. It’s not all about you!Step 2: Turn a negative into a positiveSometimes not getting what you want is for the best. You may be disappointed now, but you never know how you’ll feel in a few months or years. Not getting that promotion or that new job might actually be the best thing for you. Give your future self the chance to be grateful.Step 3:   Use rejection as a reason to take more risksThe trick to getting over rejection is actually getting rejected more. You’ll never get a â€Å"yes† if you don’t ever ask the question. After that, it’s just a numbers game! Getting used to the â€Å"nos† will make the time between the ‘yeses† all the sweeter.Step 4: Show off your drive and ambitionBe proactive. Focus on the things you can do to improve your odds. Ask for leads, cross things off your to-do list, and stay ready. Make as many pitches and proposals as you can. You’ll start to notice that every rejection  is still a stepping stone to your ultimate goal!Step 5:  Pay attention to the slightest progressMaking daily progress is immensely satisfying, particularly when your work and goals are meaningful. And it pays off. Behavioral psychology research suggests that improving every single tiny thing by the tiniest 1% can make an enormous difference over time. Consider every increment a building block for building your best and brightest future.Step 6: Take small steps towards your goalsSuccess cannot happen overnight. It’s important to take small steps in the right direction, and to keep taking those steps. Make a daily commitment to yourself, and continue choosing to work towards your goals. You’ll get there much faster and enjoy the road a whole lot more.

Sunday, November 3, 2019

Good Citizenship Research Paper Example | Topics and Well Written Essays - 1500 words

Good Citizenship - Research Paper Example Organizations such as Nike Inc. continue to demonstrate how corporations are the classics of the good citizenship test in their pursuit of financial gain. Since 1971, the organization has developed from a US-based distributor of footwear to the globe’s most preeminent marketer of athletic apparel, equipment, and footwear. This has come with massive financial gains, for instance, in the 2007 financial year, Nike earned $16.3 billion, which was an increase of $1.3 billion from 2006. Some prominent components instrumental in this growth include the company’s strategy to outsource manufacture to low-cost countries such as China, Indonesia, and Vietnam. Nike does not own any factory which produces its items. The second factor of Nike’s success is its extensive public relations strategy, which entails sponsoring renowned athletes such as Lance Armstrong, Tiger Woods and Michel Jordan. However, Nike has been surrounded by controversy with anti-globalization activists ac cusing it of exploiting sweatshop conditions as well as child labor in factories that manufacture its products in order to enhance its financial gain (Carty, 2002). Sweatshops are essentially workplaces, which violate laws and where workers are subjected to poor working conditions, extreme exploitation, arbitrary discipline, and fear.The issue of sweatshops raises controversies, for instance: Should organizations manufacture its products in sweatshops because of the benefit of lower labor costs, which enhance financial gain?... in the organization to deter the principal-agent problem, also focuses on the effect of corporate governance systems on economic efficiency, laying strong emphasis on the welfare of shareholders (Goodwin, 2000). There has been new interest in the practices of corporate governance by modern corporations since 2001, especially following high-profile collapses of massive US firms such as WorldCom and Enron Corporation. As a consequence, the US federal government established the Sarbanes-Oxley Act aimed at restoring public confidence in the area of corporate governance. Organizations such as Nike Inc. continue to demonstrate how corporations are the classics of the good citizenship test in their pursuit of financial gain. Since 1971, the organization has developed from a US-based distributor of footwear to the globe’s most preeminent marketer of athletic apparel, equipment and footwear (Sytse & Schreuder, 2013). This has come with massive financial gains, for instance, in the 2007 financial year, Nike earned $16.3 billion, which was an increase of $1.3 billion from 2006. Some prominent components instrumental in this growth include the company’s strategy to outsource manufacture to low cost countries such as China, Indonesia and Vietnam. Nike does not own any factory which produces its items. The second factor of Nike’s success is its extensive public relations strategy, which entails sponsoring renowned athletes such as Lance Armstrong, Tiger Woods and Michel Jordan. However, Nike has been surrounded by controversy with anti-globalization activists accusing it of exploiting sweatshop conditions as well as child labor in factories that manufacture its products in order to enhance its financial gain (Carty, 2002). Sweatshops are essentially workplaces, which violate

Thursday, October 31, 2019

The Poisson Distribution Research Paper Example | Topics and Well Written Essays - 1750 words

The Poisson Distribution - Research Paper Example Poisson distribution has a number of important uses as will be shown later. When the binomial distribution for probabilities of success (p) is close to zero (0), say 0.01, it would be too time consuming to calculate, especially when N is large them the Poisson distribution becomes useful. According to Mason and Lind, (1999 p242): â€Å"The distribution of probabilities would become more and more skewed as the probability of success became smaller. The limiting form of the binomial distribution where the probability of success is very small and N is large is called the Poisson probability distribution.† In general, the Poisson distribution will provide a good approximation to the binomial probabilities when N ≠¥ 20 and p ≠¤ 0.05. When N ≠¥ 100 and Np ≠¤ 10, the approximation will generally be excellent† (Miller and Miller, 1999 p187). Spiegel and Stephens, (1999 p158) also point to the relationship between the Binomial and Poisson distributions. â€Å"In the Binomial distribution, if N is large, while the probability p of the occurrence of an event is close to zero (0), so that q = 1 – p is close to 1, the event is called a rare event. An event is rare if the number of trials is at least 50 (N ≠¥ 50) while Np is less than 5. In such case the binomial distribution is very closely approximated by the Poisson with ÃŽ » = Np.† This is indicated by comparing the Poisson distribution table above with the Binomial distribution table shown immediately below. Spiegel and Stephens, (1999 p158) also indicated that: â€Å"Since there is a relationship between the binomial and normal distribution, it follows that there is also a relation between the Poisson and normal distributions. It can in fact be shown that the Poisson distribution approaches a normal distribution with standardized variable (X – ÃŽ »)/√Î » as ÃŽ » increases

Tuesday, October 29, 2019

Human rights constitutions Essay Example | Topics and Well Written Essays - 3000 words

Human rights constitutions - Essay Example The intention of this study is government of a Republic of China that is not only reliable to have duties and powers but also imposes national constitutions containing various provisions which guarantee fundamental human rights of citizens and helps in strengthening relationships between state and individual. One of the main constitutions enforced in China instituting human rights is the People Republic of China. It is commonly known as People Republic of China Constitution, with no exemptions. However, some legitimate rights in China do not provide any guarantee which is worthless. Though presently it is enforced, in spite of fact either someone will be able to take judicial remedies, regardless of identifying by whom or how it will be committed, this is entirely a different issue. It is imperative to identify that either there should be a mechanism in China to enhance the effective enforcement of rights protected by constitution. Unless and until this is enforced, constitution will not result in a working or living element of social reality. Therefore in order to study the importance of these things in China it is imperative to identify effectual mechanism of constitutional enforcement, studying the relationship of politics and law which influences the progress of constitutional development tin China. China requires redesigning its constitutional reforms and should give more importance to the regime. (Abbott K W, 2000). 1.2 Human rights Human rights policy in China is based on two pillars. First is the system where member of states negotiate with the commissioner on human rights which was established in 1946 by social and economic council. Second is human rights treaty body and conventions which states commits through legal rectification and actions. This human rights policy has supported the state in protecting and promotion of citizens. Value oriented human rights practiced by China have laid the principles of statehood such as ethnicity, nation, culture, i deology and religion. It serves as a constrain between arbitrary and state hegemony, by protecting individuals rights and provides the foundation of building a relationship among citizens and states. It is the cornerstone for establishing constitutions in relation to human rights which are determined by international law and in public. It includes both WTO rules and ILO standards. Thus, human rights are highly controversial and political. All states are requires to protect and respect human rights and should do everything to fulfill their desires. In recent general assembly in China, stressed on the fact that these rights are indivisible, universal, interdependent, interconnected and mutually reinforcing. All states irrespective of differences in cultural, political and economic perspectives should protect and promote human rights. The human rights treaty body imposes China legal system to comply with the monitoring committees in order to ensure effectiveness in the system. State is obliged to submit a periodic report on treaty bodies, in order to review their objectives, present situation and supply assistance at national level. This will help to monitor the entire system effectively and to propose relevant changes in it (Dong Zhenang, 2000). 1.3 The importance of constitutionalizing human rights Importance of constitutionalizing human rights has increased in almost all the countries. Almost all the countries in the world have their own national constitutions. They not only emphasize on the rules and regulations led by the government but also emphasizes on legitimate obligations and rights of citizens. In relation to Chinese constitutional law all parties such as enterprises, state organs, individuals and political

Sunday, October 27, 2019

The Cause And Effect Of Civil War History Essay

The Cause And Effect Of Civil War History Essay Civil war is a war which is fought internally within a country between differing factions, religions, or politics. The Civil War was happened more than in 10,000 location, from New Mexico, Valverde and Tullahoma, to St. Albans, Vermont, Fernandina and Tennessee on the Florida coast. There were more than 3 million Americans joined the fought, and over 600,000 men, with 2 percent of the population of American died in it. The slave freedom, the underground road and also the election of president of Abraham Lincoln has become the top causes to the civil war of united state. Before the civil war, slavery was very common in American South Carolina. Those slaves are black people and they work under their owners which are white people. At that time about 26% of all white families owned slaves. The overall African American slaves are 4 million instant. Their life are very difficult for example: they only received two shirts and two pairs of trousers every year ,they only received some food each month for living and also slaves houses were usually wooden shacks with muddy floors. After that Peculiar Institution of slavery appear in the Civil War. These causes made the northerners and Abraham Lincoln work very hard to preserve the slavery system. At that time there was a railroad appeared that was not for train but is a vast of network of people who helped slaves to escape to the North and Canada called Underground Railroad..The Underground Railroad was not run by anyone but consist of many individuals include white people. There pilots who gave directions and spread word of the railroad. Conductors undertook the most dangerous work that they led slaves to north and Canada. Their homes, churches and schoolhouse were hiding and called station, depots or safe houses that owned by stationmasters. Those slaves actually hidden underground or tunnels or a secret room and because of these those southerners were very upset. Besides that, the election of president of Abraham Lincoln is one of those causes that cause the civil war. During the president election that was held on November 6 of 1860 Abraham Lincoln did very well to the northerner and this made him owned 40 percent of popular vote in the country. Therefore, Lincoln did not owned any southern states yet. After he became the president he tried to save and free those slaves in the north but at that time south was haven united with north. He decided to be united with south to free house slave but they refused and a war began. After the Civil War at 1869, Union had readmitted Virginia under the Congressional Reconstruction and after a year the white Conservative Party became the government. The other states also had the same situation, periods ranging from one year in Georgia to nine years in South Carolina after he restoration of white conservative rule following readmission. 1877 the reconstruction officially ended, with the last federal troops from the South by withdrawal. Other than that, Jim Crow has been overcome after the civil war. Jim Crow is the subject of a song that performed by Thomas Dartmouth à ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬Ãƒâ€¦Ã¢â‚¬Å"Daddyà ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬Ã‚  Rice. He was a white man who joined in blackface. The Civil Right Act of 1964 declared most Jim Crow laws was not fair. It would take many years to rid the Southern US of the à ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬Ãƒâ€¦Ã¢â‚¬Å"separate but equalà ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬Ã‚  mindset. While most Jim Crow laws had shut down, there are still some people in the South that are against it. After the civil war of the north and south had united, black people were free and white and black people had been reconstruction. Black people can be friend and marriage with white people and also can share everything with them. They had the right of humanity and most of the society had accepted them in their life. Most of them still had the hard time at the first few years because some of the white people still not accepted them but after some years past with their hard work the society finally accepted their appearance. As a conclusion the civil war was mainly caused by the slave freedom, the underground road and also the election of president of Abraham Lincoln. After the civil war reconstruction had been made and Jim Crow has been overcome. The most important is north and south had united. United is very important to a country so people should prevent war before caused more people dead. In the civil war had changed the faith of a country and united citizen of the country.

Friday, October 25, 2019

Actions of Goneril in Shakespeares King Lear Essay example -- Shakesp

Actions of Goneril in Shakespeare's King Lear Whenever the issue of power allocation arises, there usually emerge a few individuals who, given only a moderate amount of authority, overstep their bounds to exert more dominance than they rightfully own; such is the case with Goneril. Yet, although Goneril certainly errs in betraying the very father that bestowed a large dominion upon her, King Lear deserves much of the blame for Goneril's haughtiness. After grossly misinterpreting the reticence of his heretofore prized daughter Cordelia, Lear divides his kingdom between the mendacious Goneril and the scheming Regan, thereby leaving the fate of the land at their unskilled mercies. Naturally, Goneril relishes her newfound control, so when Lear comes to visit her with all of his knights in tow, she perceives him as encroaching upon the power that he has since relinquished. Additionally, Goneril notes (albeit in an exaggerated manner) the inconvenience that she incurs by housing these hundred men. Despite the outrage that one mig ht feel at the thought of a daughter mistreating h...

Thursday, October 24, 2019

Irony in Poetry

Irony is the use of words to convey the opposite of their literal meaning. It is used throughout poetry and allows the reader to analyze and differentiate what seems, and what actually is. There are different types of irony including verbal, situational, and dramatic. Irony can be used in the titles of poems, or in themes and messages throughout them. There are many ways to interpret poetry, so irony is a powerful way of making a pointed comment or manipulating a reader's emotions. Verbal irony, sometimes referred to as sarcasm, often occurs in the title of a poem, and is in direct contrast with the contents of the poem. The Unknown Citizen† written by W. H Auden is an excellent example of this. They irony of the title, is that right under it, you read a person's social security number, followed by the rest of the poem which goes into great detail about specific things in a man life. â€Å"When there was peace, he was for peace; when there was war, he went. He was married and added five children to the population, which our Eugenist says was the right number for a parent of his generation. † Here lies the discrepancy between the title, and the contents of this poem.The theme of this poem demonstrates the power of the state, and the powerlessness of an individual. Auden uses irony in the title of this poem to validate the theme. Situational irony occurs when the situation itself contradicts the readers expectations. In the poem â€Å"Porphyria's Lover† by Robert Browning, situational irony is displayed. When the reader interprets the title of this poem, they would most likely expect it to be about two lovers. but when they go on to read the poem, they realize that â€Å"the meeting of two lovers ironically results not in joy and passion, but in murder. (501) â€Å"That moment she was mine, mine, fair, perfectly pure and good: I found a thing to do, and all her hair in one long yellow string I wound three times her little throat around, and strangled her. No pain felt she, I am quite sure she felt no pain. â€Å"(36-42) What the reader expects initially is love, which is demonstrated here by his somewhat gentleness in killing her, hoping she feels no pain, but then followed by the fact that he did murder her, which lovers do not do to each other. Dramatic irony occurs when the reader is aware of more than the character in the narrative.The reader possibly sees the significance of a characters actions before the actual character does. Again, â€Å"Porphyria's Lover† is a poem that also exhibits dramatic irony. By the end of this poem, the reader is aware that the main character is a psychopathic killer, however, he is completely unaware that his actions were wrong. After he murders Porphyria, believing that he had fulfilled her wish to be with him forever, he â€Å"warily oped her lids: again laughed the blue eyes without a stain. And I untightened next the tress about her neck; her cheek once more blushed brig ht beneath my burning kiss. (44-48) The speaker in in this poem is telling his story in a nonchalant, unemotional manner, while the reader in continuously coming to terms with the fact that the speaker is an upset maniac. Irony can be used in poetry to make a point, or to evoke a particular emotion or reaction. Sometimes it can be hard to identify, but can ultimately change the way you interpret a poem. Irony, in all its forms, has become an important literacy technique. You can see irony in one, two or all three forms throughout one single poem.