Wednesday, January 22, 2020
Presentation : Seven Steps for Writing an Academic Essay :: Composition
Seven Steps for Writing an Academic Essay Abstract: Many students do not understand that there is a process to writing. This lesson provides students with seven steps for writing an academic essay at the first-year university level. It can be easily modified for grade 11-12 students. 1. pick a topic * often a teacher will assign you a topic, but if you have a choice, pick something that you are personally interested in. 2. brainstorm (or research) * benefits of brainstorming: it will indicate if you have enough information to write a full paper & it will generate new ideas for you * ask yourself, "what are the connections between these ideas?" * topics for brainstorming o discuss the effects of global warming o should animals be used for cosmetic testing * Types of Brainstorming a. web brainstorming b. compare/contrast brainstorming c. Burke's brainstorming target o I would suggest using Burke's target for literature papers o http://web.educ.ubc.ca/marileef/Burke'sTarget.pdfâËž o sourceâËž d. clustering - jot down only words or very short phrases. Use different colored pens as ideas seem to suggest themselves in groups. Use printing or longhand script to suggest that ideas are main thoughts or supportive ideas. Don't bother to organize too neatly, though, because that can impede the flow of ideas. Don't cross anything out because you can't tell where an idea will lead you. When you get a few ideas written down, you can start to group them, using colored circles or whatever. Draw linking lines as connections suggest themselves 3. develop a thesis statement/sentence * a university level academic essay usually requires you to take a position in an arguement and then support your position. Arguement doesn't mean you are fighting. It means that you are trying to convince your readers of an idea or persuade them to act. * you will want to pick something that reasonable people will disagree over and that you are interested in.
Tuesday, January 14, 2020
Business Plan – Kari & the Keys
Executive Summary Welcome to the future of music entertainment for your next event. Kari and the Keys, brings to the community of Cedar Rapids and surrounding areas, a breath of fresh air in music entertainment. By combining two gifted musicians, going the extra mile, and offering a wide variety of music styles to suit your needs, Kari and the Keys will lead the event entertainment market, providing a praise worthy performance every time.Kari and the Keys is a small business aimed at the big time. In order to reach our giant goals, we must focus on the mission behind the vision. We offer a one-two punch by providing a singer and accompanist, provide a superior sound system, and ensure a worry and hassle-free event ââ¬â all with one phone call. Keeping In tune with the needs of the market, consistently updating our music portfolio, all while ensuring the customer receives the individual attention they deserve, is the vision and daily mission of Kari and the Keys. 2.Objective It is our objective to: Achieve name recognition labeled as the ââ¬Å"best entertainment for your eventâ⬠Provide the convenience of a one stop shop for music entertainment offering better talent ND prices than our competitors; delivering top notch customer satisfaction. Obtain 30% of the market share for event entertainers within 2 years 3. Mission Inspired by our passion for music, Kari and the Keys want to engage your audience In an Incredible music experience, through a praise-worthy performance, for your event. 4. Keys to success Our keys to success include: a.Offering Talented Musicians: Professionally trained musicians who share a passion for music and performing; Eric Sternest ââ¬â Organist/Plants, formally studied music and Plano at Amanita State university, 25 years of experience. Karl Burch ââ¬â Singer (Soprano/Alto), formally studied music and vocal performance at university of Iowa, 20 years of experience b. Customer Satisfaction: We strive for exemplary focus on the customers satisfaction and his/her experience both with us and the outcome received by hiring for an event. 5.Company Summary Kari and the Keys is comprised of a singer (Kari Burch) and an accompanist (Eric Sternest) ââ¬â piano/organ, fully equipped to perform at your personal or corporate event. We are both formally trained musicians and offer a wide variety of music to choose from for your special event including: Recent pop songs, Music from the ass's and ass's, Traditional/non-traditional wedding and/or secular music, Popular/traditional Christmas music. Additionally, we own a professional sound system inclusive of two (2) main speakers, monitor, mixer, microphone and keyboard.Our primary focus of business will be weddings and corporate events; however, we have the capability to provide music entertainment for most occasions. The geographic area we are focusing on for marketing and services is primarily locations within the Cedar Rapids Metro Area (inclusive of Cedar Rapids, Marion and Hiawatha). It is important that all business conducted will include an Event Contract, which is a legally binding agreement between Kari and the Keys and the Event Requester. A down payment of $150 is required to hold the date for each event.This is a non- refundable payment and required at the time the event date is booked and Event Contract executed. Kari and the Keys is organized as a partnership encompassing two general partners who are Kari J. Burch and Eric Sternest; each owns 50% of the company. Kari conducts the accounting, marketing strategies and legal duties; Eric handles executing on social media, the company's website design, and booking requests. Each partner shares daily business duties evenly. 6. Company History Eric and I have known of each other for 20 years. Even then we both recognized and appreciated each other for our respective musical talents.About 2 years ago, I reached out to Eric to determine whether or not he would be interested in play ing for me with the intention to record a few traditional and non-traditional wedding songs. I was looking for an outlet to be able to get back into the singing world. Time went by and schedules precluded things from formulating. In January 2014, we reconnected and decided that we no longer wanted to squander our musical talent. With the passion for music and the uncanny ability to perform seamlessly as a duo, we decided to form Kari and the Keys. The initial intention was Daniel Urethra's, Parlor City, Java Creek, etc.However, after investigating the local event entertainment market, we believed our team could offer an avenue of refinement and amazing live entertainment for both weddings and corporate events. Kari and the Keys are able to offer a one stop shop when a person or organization is looking to book music for an event. The customer isn't burdened with finding and coordinating a singer and a piano player; we offer both. We are a talented team who has the ability to listen, understand and respond ââ¬â uniquely and creatively ââ¬â to the growing needs and constantly fluid expectations of our customers.Additionally, based on our research, Kari and the Keys is the only singer/piano duos in the Cedar Rapids Metro Area. 7. Products and Service Kari and the Keys are ââ¬Å"event entertainersâ⬠. We are comprised of a female singer and male piano player by trade and offer a variety of music genres to provide either focal r background entertainment at your special event. Additionally, we are not pretentious performers who demand or expect things from our customers. We believe our strength lies in working for and satisfying every customer.In order to achieve the expectations of the customer, we believe in key service quality ideals, which will help us attain a high level of customer satisfaction. Such ideals include: I. Timeliness and convenience it. Personal attention to desirable needs and wants iii. Reliable and dependable ââ¬Ëv. Responsivenes s to requests v. Assurances and availability We also share a common drive for success. We don't simply want to be a run of the mill performance act; we want to be the recognized leader if you are looking for music to be performed at your event.Kari and the Keys have established the following fee structure, based on a specific event: Booking Fee to hold the date- $1 50 (non-refundable) Wedding Package ââ¬â $500 which includes: Wedding rehearsal at location (30 min) Organ/Piano ââ¬â Processional and Recessional, Pre and Post Wedding music (as background) ââ¬â 15 min each Vocalist/Accompaniment ââ¬â two (2) song chosen from selected list Songs are chosen from selected list Open bar and food shall be provided Set up/tear down 2 hours of music, 2 ââ¬â ten minute breaks w/in 2 hours Approximately 10 songs per hour Songs are chosen from selected list Music outside of selected list ââ¬â $75 per song 8.Market Analysis Summary a. Size of Market: (State & County Kickbac ks), (Marion, Iowa), (Hiawatha, Iowa), (Cedar Rapids, Iowa) I. Population Demographics: Estimated population of Cedar Rapids Metro Area (inclusive of Cedar Rapids, Marion and Hiawatha) is approve. KICK (Cedar Rapids ââ¬â KICK, Marion ASK, Hiawatha K) Median income of males ââ¬â $41 K/year Median income of females ââ¬â $ASK/year 27% of the population is 25 to 44 t. Name Recognized Employers: Rockwell Collins (8,700) Transcends/AEGEAN (3,900) SST.Lukewarmly point (3,200) Cedar Rapids Community School District (3,000) WHY-eve (2,600) Mercy Medical Center (2,300) Whirlpool (2,500) Kirkwood Community College (1 ,900) City of Cedar Rapids (1,400) Quaker toecaps (1 Other companies include: Archer Daniel Midland (DAM), Cargill, General Mills, Toyota Financial and Nordstrom b. Competitors: I. To research our competition we utilized both internet websites which advertise ââ¬Å"for hireâ⬠for musicians (search Wedding, Corporate Events and music groups) and also utilized the SABA tool called ââ¬Å"Size It Upâ⬠(searched Entertainment: Weddings, Party, and Corporate Events). T. In targeting the Cedar Rapids Metro Area (inclusive of Cedar Rapids, Marion and Hiawatha) our direct competition would include people from the following categories which represented a total of 31 ââ¬Å"event entertainersâ⬠: 1. Vocalists 2. Accompanists (Piano/Organ/Guitar) 3. Comedy Acts 4. DC ill. We understand that this represents only a small segment of the true number of musicians located in the Metro Area. However, ââ¬Å"word of mouthâ⬠would be the best ââ¬Å"Word of mouthâ⬠is very important in this category of business and it is crucial to the success of any music ensemble.However, we believe going after the market with a guerrilla marketing campaign, becoming visible in the music community and establishing a ââ¬Å"followingâ⬠; will help us to capture the ââ¬Å"event entertainmentâ⬠market. C. Market Growth/Trends There is a constant flu x of new musicians within the Cedar Rapids Metro Area. People consistently believe that they will be the next American Idol pop sensation and will be discovered in this market. The reality of the situation is the saturation with UN-trained, low skill musicians, trying to make a buck. Because of this, Kari and the Keys are able to capitalize on our talent, skill and upscale performance.We are organized, marketable and ready to succeed. 9. Target Market We define our initial target market as such: Females and males predominately between the ages of 25 ââ¬â 45, non-married with a combined income of $ASK or more per year. Name recognized businesses Cedar Rapids Metro Area ââ¬â (inclusive of Cedar Rapids, Marion and Hiawatha) 10. How do we attract our Target Market? A. Establish an on-line presence b. Establish a word of mouth campaign based on our stellar performances at local ensues such as open mice nights, restaurant/bars, and coffee houses c.As performances are booked, peopl e view Online Calendar Lists ââ¬â ââ¬Å"This week at Ramset'sâ⬠d. Direct mailing to local organizations: Churches Wedding Dress Boutiques Wedding Planners Country Clubs Restaurant/bars Coffee Shops West Music 11. Industry Analysis a. The threat of new entrants is in an amplified state of flux. Because of the Reality Televisions shows such as American Idol and the Voice, the increasing number of people thinking they are musicians has intensified the popularity of ââ¬Å"open mice nightâ⬠ensues to display their talents.However, the thought and desire to be a star, does not mean they are talented enough to make it as an entertainer. The market at an alarming rate. However, this is not a substitute for musicians who have the talent, drive and the means to wage a successful campaign to gain the market share in a given location. C. The bargaining power of customers is extremely critical in a musician's world. Since the market is saturated, everyone is fighting for a piece of the pie; to be recognized in a public venue as someone who is horrible.Because of this saturation, musician's ability to be paid for performance is directly correlated with the amount of ââ¬Å"potentialâ⬠business a musician can draw. If the musician is relatively unknown in the market, the establishment can hire you for cheap. This is why it is crucial to participate in any public venue to begin to establish a core group of followers ââ¬â or people willing to spend money while watching you perform. Once people begin a ââ¬Å"word of mouthâ⬠campaign on your behalf, only then will you have leverage to negotiate with customers. D. The bargaining power of suppliers is relatively low.Anyone with a guitar, acrophobic and an amp can be a musician. Whether or not they are successful is not dependent on a supplier. E. Again, the competition for musician ââ¬â event entertainment ââ¬â is high. It is imperative to be able to set yourself a part of the competition. A musician must pay their dues by performing, be more talented than the next guy, offer something that no one else does, build a following, utilize guerrilla marketing techniques to keep your name at the front and be proactive in gaining market share. 12. Online Plan Summary a. Obtain a Website Domain ââ¬â grandfathering. Com b. Design a professional website
Sunday, January 5, 2020
Prison Labor And Work Release Programs - 902 Words
Governor Wilma Jamesââ¬â¢ state is facing severe budget cuts due to economic struggles and drops in tax revenues. The Department of Revenue had informed the governor that she must find ways to reduce the budget by $6 billion. There are several areas which the governor acknowledged as fixed and cannot be touched such as, health care and pension payments. Several proposals were brought to the governorââ¬â¢s attention and the one that stands out the most were the prison system. After conversing with the correctional commissioner, the governor decided to order an early release of inmates whose been charged with drug related crimes. Governor James believes that her action will reduce the stateââ¬â¢s budget immensely; however, another problem that may transpire, is the rise of drug related criminal activities occurring all across the state. This essay will briefly highlight the contexts of prison labor and work release programs, and how it would be a better alternative as compared to the early releasing of felons incarcerated for drug related crimes. Discussion Elam Lynds (1784-1855) was the first warden of Auburn, New York prison and creator of the Auburn system. Lynds was also a pioneer of prison inmate labor and believed in hard work, which in return will help inmates obtain useful skills they could utilize after release (Kania Davis, 2012). From a financial standpoint, ââ¬Å"Prison labor may be used to generate revenues to support the operations of prison environmentâ⬠(Doss, Sumrall III, Show MoreRelatedWill Work for Room and Board: Prison Labor in America Essay1474 Words à |à 6 Pagesfiscal requirements. ââ¬Å"Thereââ¬â¢s special urgency in prisons these days,â⬠ââ¬Å"As state budgets get constricted, the public is looking for ways to offset the cost of imprisonmentâ⬠(Brown). This economic concern requires work programs to aid in the relief of financial burdens incurred from convicted criminals. Once found guilty of a crime the prisoner needs to take responsibility for the costs incurred. Prison labor has ev olved from the day of hard labor, breaking rocks, and making license plates to manufacturingRead MoreThe Effect of Rehabilitation and the Rate of Recidivism1727 Words à |à 7 Pages With the highest incarcerated rate in the world, does the United States prison systems offer quality rehabilitation or just punishment? According to data from the Bureau of Justice Statistics, there was approximately 706 prisoners per 100,000 residents, or about 2.2 million prisoners in 2012 and within 3 years, almost 6 out of 10 released inmates will be rearrested and half will be back in prison. According to data from www.gpo.gov , the vast majority of prisoners are not rehabilitated. Two-thirdsRead MoreThe Criminal Justice System and its Corrections Essay882 Words à |à 4 Pagesarea, solutions have been discussed and put into use over the years as well. However, there are still problems that are being dealt with in todayââ¬â¢s corrections. One problem that is faced in the corrections system today is overpopulation in the prisons. Prisons all over the United States are becoming overcrowded and that leads to many other problems such as inhumane living conditions. Two or more inmates have been forced to occupy cells made for a single person. Some prisoners are put into spaces thatRead MoreFederal Bureau of Prisons1287 Words à |à 6 Pagesââ¬Å"Federal Bureau of Prisonsâ⬠The Federal Bureau of Prisons was established in 1930. Its main goal is to provide humane care for Federal inmates. There are 11 Federal prisons in operation. The Bureau consists of 115 institutions, 6 regional offices, a Central Office (headquarters), 2 staff training centers, and 22 community corrections offices. The Bureau of Prisons career opportunities web page is the place where you can learn about BOP careers, the employment process andRead MorePrison Development in the U.S. Essay1391 Words à |à 6 PagesUnited States prison system is an important aspect of todayââ¬â¢s society. Without the prison system, there would be no place for the law enforcement agencies to detain the criminals that they have apprehended. Now, prisons today are much nicer than the prisons of the past; it all began with the Pennsylvania system. The Pennsylvania system was ââ¬Å"a form of imprisonment developed by the Pennsylvania Quakers around 1790 as an alternative to corporal punishments.â⬠(Schmalleger, 411). This prison that was developedRead MoreRehabilitation Paper1578 Words à |à 7 Pagesattempt to change attitudes and behaviors of inmates, concentrating on the prevention of an inmates future criminal behaviors (Seiter, 2011). Since the creation of prisons, the focus on prisons in the United States was based on redemption. Inmates were expected to read the Bible and reflect on their offenses. As time progressed, labor by inmates became a main focus due to the demands of products created by inmates. During the middle of the twentieth century, corrections embraced a medical model whereRead MoreCorrectional Facilities and Environments1166 Words à |à 5 PagesProcesses of Correctional Environments: Correctional facilities play an integral role in the criminal justice system as many individuals who are convicted of offenses are normally placed on probation rather than being sent to prison. In other cases, convicted criminals who have served their jail terms are usually released on parole. In addition to meeting other requirements, criminals are required to stay out of trouble during parole and probation periods. In order to prevent offenders from committingRead MoreJuvenile Offenders And The United States1092 Words à |à 5 Pagesprisoners. The Department of Corrections allows the safety of the community by performing safe and secure facilities which keeps the prisoners and offenders under control. In prison there are wide facilities are available for offenders and prisoners such as medical treatment, educational and vocational programs. These programs are there to help the offenders become better citizens. Corrections are providing the services to each state now for centuries. Every state has its own history of correctionsRead MoreWhat Happens Behind Prison Doors? Essay1539 Words à |à 7 PagesHave you ever wondered what happens behind prison doors? Prisons are defined as a correctional institution where persons are confined while on trial or for punishment. A prison is also referred to a place of detention. Embodiment of the United States is a concrete power under the Constitution of the United States, which means that prisons are under authority of both the federal and state governments. Different United State prisons contain different prisoners b ased on the crime or felony committedRead MorePrison System And The State Of Justice And Managed The National Penitentiary Department1548 Words à |à 7 PagesThe Brazilian prison system is owned by the government under the responsibility of the Ministry of Justice and managed the National Penitentiary Department. Brazil has the fourth largest prison in the world with an estimated population of 607,731 as it is right below the United Stated, China, and Russia. There are four different types of imprisonment facilities as explained by Patrick Bruha in the article, Prison System in Brazil: â⬠¢ Closed in which the jail time is enforced in a penitentiary, in
Saturday, December 28, 2019
The Marshall Court - 1518 Words
The life of every American citizen, whether they realize it or not, is influenced by one entity--the United States Supreme Court. This part of government ensures that the freedoms of the American people are protected by checking the laws that are passed by Congress and the actions taken by the President. While the judicial branch may have developed later than its counterparts, many of the powers the Supreme Court exercises required years of deliberation to perfect. In the early years of the Supreme Court, one manââ¬â¢s judgement influenced the powers of the court systems for years to come. John Marshall was the chief justice of the Supreme Court from 1801 to 1835, and as the only lasting Federalist influence in a newly Democratic-Republicanâ⬠¦show more contentâ⬠¦The establishment of one of the most influential powers of the Supreme Court--the power of judicial review-- and the development of the judicial branch can be attributed to Marshallââ¬â¢s insightful interpretati on of the Constitution (The Marshall Courtâ⬠). In addition to saving the integrity of the Federalist-dominated Supreme Court in the case of Marbury v. Madison, John Marshall also promoted certain Federalist principles, including the idea of a strong national government. From the years when the Constitution was being created, Alexander Hamilton fought for the creation of a national bank since he believed it was ââ¬Å"necessary and properâ⬠for the growth and development of the United States (ââ¬Å"The Marshall Courtâ⬠). As Hamilton and the Federalist Party had hoped, a national bank was created and one of its branches was placed in Baltimore, Maryland. State legislators from Maryland were not satisfied with the progress the bank was making because the negligent behavior of its bank officials was bringing the bank under (Newmyer, 295). To save their citizens from having to deal with the bankââ¬â¢s faulty leadership, the legislators attempted to drive the branch out of the state by placing a tax on all the banknotes i ssued by the bank. When the tax was purposely left unpaid, Maryland sued the cashier of the bank--James McCulloch. In the state courts, Maryland won its case,Show MoreRelatedJohn Marshall Supreme Court Case Essay618 Words à |à 3 PagesOne Supreme Court member that stands out from the rest would have to be John Marshall. There is no doubt about this because he made the Supreme Court a co-equal branch of government. This means that it was an equal branch to the legislative and the executive. He became a Supreme Court Justice in 1801 and was appointed by John Adams. While holding his position he set three major goals that set precedents and made him the most significant Supreme Court Justice ever. Marshall strengthened the nationalRead MoreMargaret Marshall The Chief Juice Of The Supreme Judicial Court1062 Words à |à 5 PagesMargaret Marshall the chief Juice of the supreme Judicial Court argues marriage is a vital institution, the commitment should be between two people who offer mutual support to children, and to bring stability to our society. Marriage provides legal, financial, and social benefits. Which leads to legal, social, and financial obligations. The department of health states the purpose of marriage is to have children, the state is only interested if children are involved. She believes the court is downgradingRead MoreMajor Supreme Court Cases Under Judge John Marshall1482 Words à |à 6 Pagesdecisions made by Supreme Court chief justice John Marshall have had a major influence on todays Judiciary System. One of his major decisions was in the case Marbury v. Madison, in which he set the precedent of judicial review. Another major decision is in the case McCulloch v. Maryland, in this case Marshall ruled that Congress possesses certain implied powers. Other major decisions made by Marshall were in the cases Dartmouth College v. Woodward, Gibbons v. Ogden, in which Marshall defined national powerRead More John Marshall: The Most Influential Ch ief Justice of the Supreme Court646 Words à |à 3 PagesJohn Marshall: The Most Influential Chief Justice of the Supreme Court In the beginning years of the United States Constitution, the Supreme Court was a struggling institution due to the lack of effectiveness of the Chief Justices and was not highly regarded by the executive and legislative branches of the government. The third Chief Justice in only twelve years, John Marshall put an end to the Supreme Courtââ¬â¢s lack of influence after his appointment by President John Adams in 1801. JohnRead MoreJohn Marshall: The Man who Saved the Supreme Court and the Nation2463 Words à |à 10 Pagesâ⬠John Marshall, fourth Chief Justice of the United States Supreme Court certainly did, from witnessing the birth of our country, to serving as the longest tenured Chief Justice in Supreme Court History. In a span of just under two years, he went from serving as a member of Congress, representing Virginias 13th District, to serving as the nations fourth Secretary of State, to being appointed the fourth Chief Justice of the United States Supreme Court, Janu ary. It Begins John Marshall was bornRead More Major Supreme Court Cases Under Judge John Marshall Essay1441 Words à |à 6 Pagesdecisions made by Supreme Court chief justice John Marshall have had a major influence on todayââ¬â¢s Judiciary System. One of his major decisions was in the case Marbury v. Madison, in which he set the precedent of judicial review. Another major decision is in the case McCulloch v. Maryland, in this case Marshall ruled that Congress possesses certain implied powers. Other major decisions made by Marshall were in the cases Dartmouth College v. Woodward, Gibbons v. Ogden, in which Marshall defined national powerRead MoreThe Two Eras that Made the Supreme Court the most Influential1293 Words à |à 6 Pages The Marshall Court and the Rehnquist Court are the two eras that made the Supreme Court the most influential. The Marshall Court in 1801 to 1835 helped create the foundation for the United States constitutional law, which contributing to making the Supreme Court of the United States a coequal branch of government. The Rehnquist Court in 1986 to 2005 favored a concept of federalism that played a vital role on the Tenth Amendmentââ¬â¢s reservation of powers to the states. Under Rehnquist point of viewRead MoreThe Civil Rights Movement : Thurgood Marshall Law1501 Words à |à 7 PagesThurgood Marshall Law By Kai Jalen Nugent Throughout the 20th century, Thurgood Marshall blazed the trail for the Civil Rights Movement from two sides of the American Legal System, both as a lawyer, and as a Justice of the Supreme Court. Marshallââ¬â¢s initial rise to fame came as a result of his success as the head lawyer for the Brown family in Brown vs. The Board of Education. Later, Marshall was appointed to the Supreme Court, making him the first ever African American Supreme Court Justice inRead MoreThurgood Marshall Essay1578 Words à |à 7 PagesThurgood Marshall was a great African American Civil Rights activist who changed a lot of lives in the United States. As a passionate lawyer and prominent Supreme Court justice he fought for Civil Rights and social justice in the courts and believed that racial integration is best for all schools. Very early in his professional life Marshall broke down racial barriers and overcame resistance despite the odds. He then became a role model of the disciplined leader, although he didnââ¬â¢t have theRead MoreThe Great Chief Justice : John Marshall And The Rule Of Law848 Words à |à 4 PagesGreat Chief Justice: John Marshall and the Rule of Law by Charles F. Hobson examines the judicial career of John Marshall, as well as the legal culture that helped to shape his political beliefs and his major constituti onal opinions. The author sources much of his information from the formal opinions that Marshall issued during his judicial career. From these writings, Hobson presents Marshall s views on law and government and provides explanations for what in Marshall s life influenced those
Friday, December 20, 2019
Market Process The Key Economic Problem - 878 Words
The market process attempts to solve the key economic problem. The key economic problem being; what to produce? How much to produce? And who receives the product? The market process addresses this problem by letting firms know what is demanded by consumers; hence, firms will produce the good that is demanded. The price dictates who should receive the product and in due course let firms know how much of the good should be produced. However, the market process may not allocate the optimal amount of resources for certain products as it only considers factors which are internal to it e.g. healthcare. The market process does not account for externalities which maybe positive or negative. Therefore certain goods are over produced or over consumed whilst others are under produced or under consumed. Therefore, in certain cases the market process does not meet the needs of people. Overall, I believe the pros of the market process outweigh the cons and therefore I agree with the statement. The price mechanism allows the price to change following a change in demand and/or supply. The price will rise or fall until supply equals demand. Therefore, the price mechanism allows the market to clear up shortages or surpluses. Ceteris paribus translates to ââ¬Ëother things being equalââ¬â¢. This concept is used when analysing the effect of change in one variable on a second variable because in reality it is difficult to hold all but one variable constant. Imperfect competition is when anShow MoreRelatedBusiness Strategy And Managing Changing Environmental Standards, Sustainable Business Initiatives And Global Market Conditions1596 Words à |à 7 PagesBusiness Initiatives and Global Market Conditions Index Sr. No. Description Annexure Page No. 1. Introduction A 02 - 03 2. Key Points B 03 ââ¬â 06 3. Marketing Sustainability C 07 4. Conclusion D 08 5. References Introduction: Business Strategy and Firm Reorganization in Terms of Environment Sustainability Effective Business strategy is a key to success for any businessRead MoreAn Globalized World Burden Of Private Investment Is Increasing Over Foreign Direct Investment Essay1315 Words à |à 6 Pagesinflow in India is playing very important role in determining the size of GDP. Key Word: Foreign Direct Investment, Sustainable Growth, GDP, Farm Production Introduction: The process of planning in India has always been sensitive to the needs of the poor and the plight of excluded from its early days. Government of India sought to solve all the socio-economic problems with the help of rapid and sustained economic growth, because our planners were working with the view that as the size of nationalRead MorePost-Keynesian Economic Essay1317 Words à |à 6 Pages Post-Keynesian economic was formed and developed by economists such as Joan Robinson and Nicholas Kaldor who believed Keynesian economics was based on disequilibrium and uncertainty, and that challenges the general equilibrium assumptions of neo-classical theory. The main aim of post-Keynesian economics is to complete the unfinished Keynesian revolution. Post-Keynesian economists fundamentally used ideas from Keynes and his concept of effective demand, Marxist economist Michael Kalecki to provideRead MoreThe Meaning of Technology Entrepreneurship1024 Words à |à 4 PagesIntroduction Letââ¬â¢s start by describing the meaning of Technology Entrepreneurship; Technological Entrepreneurship is the art or process of innovating and imminence assets and products for major return of profit in business. New and unique combinations of innovation are the result of Technological Entrepreneurship. The medium that alleviates wealth in firms, individuals, nations and regions, the research of technology entrepreneurship plays a significant role beyond the satisfaction of intellectualRead MoreEssay On Maeed Problem1690 Words à |à 7 Pagestime-varying mutation to solve the reserve constrained MAED (RCMAED) problem. The performance is tested on (i) two-area, four generating unit system, (ii) four area, 16-unit system and (iii) two-area, 40-unit system. The results are found to be superior compared to some recently published results. W. Lingfeng et al. [11] have proposed a multi area economic dispatch (MAED) is developed from the basic economic dispatch (ED) problem, which considers the optimal power dispatch of multiple areas in termsRead MoreEconomic Phenomena Of Specialization And Diversification1747 Words à |à 7 Pagesimportant to fully understand the economic phenomena of Specialization and Diversification, how do they apply to the city of London and why. While ââ¬Å"Economic diversification is the process of structural transformation as resources are shifted out of primary sectors into secondary sectorsâ⬠(Siegel B., Johnson T. 1995), this definition is only partially appropriate for our argument. Diversification involves the development and transformation of a variety of economic activities as opposed to the overwhelmingRead MoreCause and Effect of Corruption1644 Words à |à 7 Pagesthe process of economic development and in modernizing a country. Many now feel that it should receive priority attention in a countryââ¬â¢s development agenda. This greater recognition that corruption can have a serious adverse impact on development has been a cause for concern among developing countries. In a recent survey of 150 high level officials from 60 third world countries, the respondents ranked public sector corruption as the most severe obstacle confronting their development process. CountriesRead MoreGlobalization And The Speed Of Globalization1726 Words à |à 7 Pagesconnected with far-reaching cost for economic well-being, political processes and social structures in countries across the world. The diverse parts of the entire world have actually become so co-dependent in so many respects that it is not possible any longer to comprehend their socio-economic troubles, much less to do anything concerning them, without taking into consideration the play of international forces. The globalization process has been accompanied by key changes in the responsibilities andRead More Role Of Government In Mixed Economies Such As Australia Essay1741 Words à |à 7 Pagessuch as Australia? Using appropriate indicators (macro economic aggregates) outline the present state of the economy. In what ways is the Commonwealth government using fiscal and monetary policies to influence the Australian economy? What are the main features of the governments micro economic policy? Why is the government concerned about microeconomic reform? Synopsis: The role of government in Australia today has less influence on the market than they did a decade ago. It function now is to provideRead MoreThe Problem Of Global Financial Crisis1122 Words à |à 5 Pagesââ¬Å"Securitisation is the process whereby loans, receivables and other financial assets are pooled together, with their cash flows or economic values redirected support payments on related securities.â⬠ââ¬Å"Securitization first emerged in the 1970s with the sale of securities backed by residential mortIn the 21st century, economic problems have incurred an increasing number of people s attention as the economic develop rapidly, and these problems are usually caused by human themselves. For instance, the
Thursday, December 12, 2019
Investment Report of Gulf Cement Company â⬠MyAssignmenthelp.com
Question: Discuss about the Investment Report of Gulf Cement Company. Answer: Introduction Gulf Cement Company is a company which is engaged in the manufacturing business of cement. The company operates in United Arab Emirates and also has major portion of the business there. The company is claimed to be the largest producer of cement in UAE and is estimated to have a production capacity of 2.5 million tons of cement which shows that the business is engaged in large scale production of cement. As per the requirement of the assignment, an analysis of ratio is to be done for the company on order to judge the financial performance of the company in comparison with the industry average (Delen, Kuzey Uyar, 2013). The different ratios are analysed on the basis of long-term debt paying ability ratio, profitability ratio, investor analysis. Long Term Debt Paying Ability Ratio Long-Term Debt Paying Ability ratio refers to the companys ability to meet the debts of the company. In other words, such types of ratios are associated with the debt servicing and paying capability of the company. The different ratios which are included in such category along with their respective industry average is given below: GCEM Average Ratios (4) ? Industrial Average ((1)+(2)+(3)+(5))/4 Status (Risky or Health?) 1- Times Interest Earned 13.439 64.294 Risky 2- Fixed Charge Coverage 13.439 64.294 Risky 3- Debit Ratio 0.145 0.382 Health 4- Debt/Equity Ratio 0.172 29.874 Health 5- Debt to Tangible Net Worth Ratio 0.172 29.884 Health 6- Operating Cash Flow/Total Debt 0.320 0.165 Risky Figure 1: (Table Showing Long-term Debt Paying Ability ratio and their Industry Averages) Source: (Created by the Author) Time Interest Earned: It is a ratio which measures the ability of the company to meet the interest requirements of the debt which is taken by the business (Fracassi, 2016). Another name for Times interest earned is interest coverage ratio. In the case of GCEM, the time interest earned is very low as compared to the companys average. The situation as shown in the table is risky for the company and hence the company needs to improve the ratio and avoid risks. Fixed Charge Coverage: This ratio is the measure of the ability of the firm to meet the fixed expenses of the business in an effective manner before incurring any interest expense and tax expenses. In general, it is more or less an extension of the Times Interest earned. As shown in the table above fixed charge coverage should be a bit higher and also close to the industry averages. The company however has a low fixed charge coverage which indicates that the company is unable to effectively meet the fixed expenses of the company. Debt Ratio: Debt ratio is the measure of the amount of debt capital which is used by the business in the capital structure of the company. In the case of the company the debt ratio is 0.145 which is much less than industry average. This is a favorable status as most business likes to keep their debt ratio to a minimum so as there is lower amount of risk in the business. Debt to Equity Ratio: The debt equity ratio of any company analyzes the capital structure of the company on the basis of which the company is operating. Debt equity ratio is an important indicator as to how the business is performing (Heikal, Khaddafi Ummah, 2014). In the case of the company, the debt equity ratio is much lower than the result which is depicted in the industry averages. It is considered from the perspective of the risks which are associated with debts the lower are the ratios the more favorable is the business. As per the table which is shown above the debt equity ratio is much less than the industry average and therefore it is considered to be favorable. Debt to Tangible net worth ratio: It is a measure of the level of creditors protection in case of insolvency of the business. In the above table it is shown that the debt to tangible net worth of the company is 0.172 which is lower than the industry average and it is showing a favorable result as per the concerns of the company. Operating Cash Flow/ total debt: This ratio depicts the relationship between the operating cash flow of the company and total debt of the company which is shown in the balance sheet of the company (Higgins, 2012). In the case of GCEM, the operating cash flow by total debt of the company is showing unfavorable results and the company needs to improve this ratio and make it favorable again. Profitability Ratio The profitability ratios of the company are the measure of the profitability of the company which can be related to gross profit, operating profit and net profit. The profitability ratio of the company also includes ratio like return on equity, return on assets and other significant ratios (Komala Nugroho, 2013). The profitability ratio of any company is considered to be important as they are most looked out for in the financial reports of the company. The table which depicts the profitability ratio along with the industry averages of the same for GCEM is given below: GCEM Average Ratios (4) ? Industrial Average ((1)+(2)+(3)+(5))/4 Status (Risky or Health?) 1-Net Profit Margin 0.050 4.236 Risky 2-Total Asset Turnover 0.435 0.326 Health 3-Return on Assets 0.021 0.069 Risky 4-Operating Income Margin 0.017 4.582 Risky 5-Operating Asset Turnover 0.966 1.495 Risky 6-Return on Operating Assets 0.004 2.248 Risky 7-DuPont Return on Operating Assets 0.004 2.248 Risky 8-Sales to Fixed Assets 0.800 0.661 Health 9-Return on Investment 0.038 0.114 Risky 10-Return on Total Equity 0.026 5.528 Risky 11-Return on Common Equity 0.038 0.436 Risky 12-Gross Profit Margin 0.077 0.296 Risky Figure 2: (Table showing Profitability ratio and their industry averages) Source: (Created by the Author) Net profit Margin: The net profit margin of the company measures the net profit which is earned by the company in relation to sales of the company (Agha, 2014). The net profit margin of the company as shown in the table above is very low as compared to the industry average of the company. This is not a good indicator for the company as the company needs to have a better net profit margin as it is one of the crucial financial and performance indicator of the company. Thus, as shown by the table above the results of the company is risky. Total Asset turnover ratio: The ratio measures the ability of the business to generate sales with the use of assets which the company has. The ratio basically establishes a relation between the sales and the total assets of the company (Delen, Kuzey Uyar, 2013). The asset turnover ratio of the company as shown in the table is more than the industry average and thus the results are favorable in nature. Return on assets: This refers to the profits which can be earned by the business by utilizing the assets of the company. The figure which is shown as the return of asset for the company is 0.21 which is much less than the industry results. The company needs to improve this ratio as it is one of the financial indicators which show whether the company is performing or not. Moreover, as shown in the table above it is unfavorable for the business to have such low return on assets. Operating Income Margin: The operating income margin of the company shows the relationship between the operating profits of the business and overall sales of the business. The operating profit is an extension of the net profit margin of the business. Similar to the results of net profit margin the operating profit margin is also lower than the industry average and is highly unfavorable for the business as indicated in the table above. Operating Asset turnover: The operating asset turnover ratio is an extension of total asset turnover ratio and as per the table the ratio is 0.966 which is much lower than the industry average and hence it is unfavorable. Return on operating assets: This ratio is also an extension of return on assets and measures the profit which can be earned by operating assets of the business. As per the table, the return on operating asset is very low as compared to industry average. Du-Pont Return on Operating assets: The ratio is similar to normal return from operating activities but the formula of Du-Pont is applied on the same. The table show that the result is lower than the industry average of the company and the results are same as the results of return on operating assets of the company. Sales to Fixed Assets: This ratio measures the relation between the sales of a company to the fixed assets of the company. The table shows that the result which is 0.800 which is more than industry average which shows a result of 0.661. Thus, the result of this ratio is favorable. Return on Investment: This is one of the most important indicators for performance measurement of the company. Return on investment measure the amount of profit which is generated from investment (Rehman Takumi, 2012). The return of investment of the company is low in comparison to industry average. The return on investment results of the company is showing unfavorable results (Area, 2014). Return on total equity: it represents the return on the total equity of the business which includes equity as well as preference form of capital (Kabajeh, Al Nuaimat Dahmash, 2012). The result which is depicted in the table show that the results are unfavorable in comparison to industry averages. Return on Common equity: In this case the return from equity shares are only considered and the results show that the company is having unfavorable return on common equity. Gross Margin: The gross margin of the company also depicts similar results as the net profit margin of the company which is unfavorable (Verma et al., 2016). Investor Analysis This measures the ratios which are useful for investors of the company and they are portrayed in a table below: GCEM Average Ratios (4) ? Industrial Average ((1)+(2)+(3)+(5))/4 Status (Risky or Health?) 1-Degree of Financial Leverage 0.948 0.966 Health 2- All-Inclusive Degree of Financial Leverage 0.460 0.723 Health 3- Earnings per Share 0.038 0.379 Risky 4- Price/Earnings Ratio 0.000 0.000 5- Percentage of Earnings Retained 1.314 0.469 Risky 6- Dividend Payout -0.314 0.531 Health 7- Dividend Yield 0.000 0.000 8- Book Value per Share 1.000 0.827 Risky 9- Materiality of Options 0.000 0.000 Figure 3: (Table Showing Investor analysis ratio and their industry average) Source: (Created by the Author) Degree of Financial leverage: The financial leverage is the measure of the firms debt in the capital structure (Ozdagli, 2012). As shown in the table above the financial the results of the ratio is lower than the industry average which is favorable in nature. All inclusive degree of Financial leverage: This ratio is also an extension of the financial leverage of the business and the results which are depicted in the table after comparison is made with the industry average is favorable. EPS: The earning per share of the business is lower than the industry average as shown in the table which is a matter of concern for the company as it is one of the most important indicators of the performance of the company. Percentage of earning retained: This ratio depicts the percentage of retained earnings which the company has been able to save. The table depicts that the retained earnings of the company is more than the industry averages. Dividend Payout ratio: The dividend payout ratio of the company as shown in the table is unfavorable in comparison to the industry averages (Ouma, 2012). Book value per Share: The book value of shares as shown in the table above is more than the industry average and as depicted it is risky for the business. Bankruptcy Prediction (Z score) Altmans Z Score which is used in business can be used by companies in order to predict bankruptcy in the next tow years or not. The formula which is used for the purpose of calculations can be derived from the income statement and balance sheet of the company (Altman et al., 2014). The results of the Z score is obtained with the help of five major ratio of the business which are liquidity, solvency, profitability, leverage and also the probability that he company might be headed towards insolvency (Altman et al., 2017). In the case of GCEM, the Z score of the company is 4.11 which shows that the company is not headed towards insolvency. A score which is below 1.8 suggest that the company is definitely headed towards bankruptcy and a score of above 3 is favorable which the company has obtained. D: Bankruptcy Prediction (Z-score) X1= Working Capital/Total Assets 0.298877776 X2= Retained Earnings/Total Assets 0.389692176 X3= EBIT/Total Assets 0.042016549 X4 = Market Value of Equity/Total Liabilities 4.437301145 X5 = Sales / Total Assets 0.40639165 Z=1.2X1 + 1.4X2 + 3.3X3 + 0.6X4 + 1.0X5 4.111649327 References Agha, H. (2014). Impact of working capital management on profitability.European Scientific Journal, ESJ,10(1). Altman, E. I., Iwanicz?Drozdowska, M., Laitinen, E. K., Suvas, A. (2017). Financial Distress Prediction in an International Context: A Review and Empirical Analysis of Altman's Z?Score Model.Journal of International Financial Management Accounting,28(2), 131-171. Altman, E., Iwanicz-Drozdowska, M., Laitinen, E., Suvas, A. (2014). Distressed Firm and Bankruptcy Prediction in an International Context: A Review and Empirical Analysis of Altman's Z-Score Model. Area, M. C. (2014). Return on Investment. Delen, D., Kuzey, C., Uyar, A. (2013). Measuring firm performance using financial ratios: A decision tree approach.Expert Systems with Applications,40(10), 3970-3983. Delen, D., Kuzey, C., Uyar, A. (2013). Measuring firm performance using financial ratios: A decision tree approach.Expert Systems with Applications,40(10), 3970-3983. Fracassi, C. (2016). Corporate finance policies and social networks.Management Science,63(8), 2420-2438. Heikal, M., Khaddafi, M., Ummah, A. (2014). Influence analysis of return on assets (ROA), return on equity (ROE), net profit margin (NPM), debt to equity ratio (DER), and current ratio (CR), against corporate profit growth in automotive in Indonesia Stock Exchange.International Journal of Academic Research in Business and Social Sciences,4(12), 101. Higgins, R. C. (2012).Analysis for financial management. McGraw-Hill/Irwin. Kabajeh, M. A. M., Al Nuaimat, S. M. A., Dahmash, F. N. (2012). The relationship between the ROA, ROE and ROI ratios with Jordanian insurance public companies market share prices.International Journal of Humanities and Social Science,2(11), 115-120. Komala, L. A. P., Nugroho, P. I. (2013). The Effects of Profitability Ratio, Liquidity, and Debt towards Investment Return.Journal of Business and Economics,4(11), 1176-1186. Ouma, O. P. (2012). The relationship between dividend payout and firm performance: a study of listed companies in Kenya.European Scientific Journal, ESJ,8(9). Ozdagli, A. K. (2012). Financial leverage, corporate investment, and stock returns.The Review of Financial Studies,25(4), 1033-1069. Rehman, A., Takumi, H. (2012). Determinants of dividend payout ratio: Evidence from Karachi Stock Exchange (KSE).Journal of Contemporary Issues in Business Research,1(1), 20-27. Verma, S., Kim, B., Jhong, H. R., Ma, S., Kenis, P. J. (2016). A Gross?Margin Model for Defining Technoeconomic Benchmarks in the Electroreduction of CO2.ChemSusChem,9(15), 1972-1979.
Wednesday, December 4, 2019
How does Mary Shelly create sympathy for the creature Essay Example For Students
How does Mary Shelly create sympathy for the creature? Essay In the beginning of the novel, the epistolary stage, we are initially brought to believe that Captain Walton and Victor Frankenstein are the two main protagonists, whereas Victors creation, the monster, is portrayed as a demon and a creature that deserves little sympathy. But, as the novel progresses we begin to develop an understanding with the monster and we realise he himself is worthy of much more and Victor and Walton quite the opposite. The novel opens, and effectively closes, with the narration of Walton on board his ship travelling to the harsh, gothic winter land of the North Pole, at that time unexplored and presumed dangerous by the civilized world. From this location we are also, in succession, given in depth accounts of both Victors and the monsters pasts including their quite harmonic upbringings and devastatingly tragic downfalls. Walton, as I mentioned before, is initially portrayed in his epistolary stage to be the conventional hero, brave, intelligent and passionate, I am practically industrious- painstaking- a workman to execute with perseverance and labour:- but besides this, there is a love for the marvelous, a belief in the marvelous, intertwined in all my projects, which hurries me out of the common pathways of men, even to the wild sea and unvisited regions I am about to explore. But as this character unfolds his true persona we realise his arrogance does not stretch to the levels of charisma but reveal him to be shallow, self-righteousness and extremely self- absorbed. Any sympathy for him could be granted in the realisation that he is ultimately a terribly lonely man. This though is all dashed away along with his protagonist figure as we learn that this loneliness is completely self-imposed and the result of egotism and snobbishness, I shall certainly find no friend on the Wide Ocean, nor even here in Archangel, among merchants and seamen. Frankenstein effectively begins and ends with the sometimes pretentiously grandiloquent language of Captain Robert Walton, Having conquered the violence of his feelings, he appeared to dispise himself for being the slave of passion; and quelling the dark tyranny of despair In the parts of the novel that Walton features in we are only ever given a first person description of him which actually to a degree emphasizes his arrogance and pompousness. If, for example, Walton was described in second person his portrayal could be exaggerated cruelly or kindly. This too though applies to a first person description; the difference though is that you can judge the self-righteousness of Walton just by the language he uses and the self detail he indulges into. He is truly pompous, self-absorbed and shallow, the exact reasons why he is not one of the protagonists. On page 18 he clearly claims, There is something at work in my soul which I do not understand. So this is merely an excuse to validate Waltons acts and in effect Frankensteins because they are doppelgangers of each other. This cannot though entirely justify their obsessive behaviour because, yes although they are young, passionate and ultimately nai ve, this still doesnt change the fact that they are both well educated human beings, ninety percent responsible for their acts and fully conscious of what they are doing to the people they abandon Upon discarding his own creation, acts on the levels of hypercriticism, having been cherished by his own creators; single-mindedness because he does not empathize with the monsters disability and is totally self-absorbed in the notion that he has formed. But this passion, or more accurately obsession for success seems strangely unjustified in that Walton feels that his behaviour is actually out of his control.. What is quite interesting about the two characters though is that they both, upon So arrogant as he is Walton cries out in his letters to his sister, the very stars themselves being witnesses and testimonies of my triumph and whilst formulating his experiment with the instruments of life
Subscribe to:
Posts (Atom)