Saturday, May 23, 2020

My Life At The Veterans Home Essay - 1423 Words

I vividly remember that chilly night in March as I walked out of Fifer, the building my father now calls home, for the first time. I had goosebumps, but they were not from the cold I felt hit my skin. Instead, they were from the sickness in my stomach. As I got in the car, I began to cry and had to stop myself from running back inside. My entire world had turned upside-down. How could I go home without my father? How could I leave him in a nursing home, a place where he was too young and mentally fit to be confined? I had to fight the feeling that he didn’t belong. I had to remind myself of why he chose to be there, and I hated it. During my junior year of high school, my father made the difficult decision to go live at the Veterans’ Home. For thirty-five years he had lived with Multiple Sclerosis, a debilitating disease characterized by the destruction of the myelin sheath insulating the nerve cells. This degradation affects all movement by slowing or altogether halting nerve impulses to the muscles. As a result, my father became permanently wheelchair-bound around the time I started kindergarten. By my junior year of high school, he struggled with even simple tasks such as writing, dressing, grooming, and eating. It reached the point where he could no longer live at home without round-the-clock care. This revelation was earth-shattering but not a shock. It was yet another natural progression of the disease. Still, this did not prepare me for the emotions I experienced.Show MoreRelatedVeterans Deserve a Second Chance Back Home in the USA1467 Words   |  6 PagesPeople come to America to live a better life, but it’s not all it’s cracked up to be. When Veterans come back home, all they want is a second chance at life again. They want to come back and be able to start from where they left off. But the government has done very little to help these veterans. The government believes they have done enough with the programs they have created, but it hasn’t had much of a change. The purpose of this essay is to discuss my opinion and what I know about this issueRead MoreReturning Home From A Tour1360 Words   |  6 PagesVeterans returning home from a tour in a combat zone or from completing their service to our nation are common stories seen in the news. These veterans however are facing numerous problems upon their return, such as: readjustment, Posttraumatic Stress Disorder (PTSD), unemployment, and homelessness. These are just a few of the many issues that they are facing when returning home, but a problem that needs awareness and solutions. As a veteran, I can say one of the main issues I have faced when IRead MoreVeteran Specific Healthcare1291 Words   |  5 Pageswe have gone over in the texts and lectures that today in our society much of our health or our ability to stay healthy is the ability to get too and utilize proper healthcare. We have learned in our readings that much of that healthcare is done at home but some of the most important care and treatments must come from a specialized location of treatments and medical care, a hospital. In the United States we do not have an established universal healthcare system as some countries in the world do, youRead MoreHomelessness : The Homeless People Essay988 Words   |  4 Pagescurrent home is unsafe or unstable. The estimated amount of homeless people in the United States is about 3 million. (National Alliance to end Homeless) In 2014, there are approximately 578,424 people in a single night that experience being homeless. In my opinion, the United States should have more shelters to help the homeless people instead of spending money on unnecessary things. The three main people groups that are affected by the homelessness are the unemployed, pregnant teens, and veterans. Read MoreThe Leadership Style Of A Veterans1451 Words   |  6 Pagesproceeds through life at an unfluctuating or even mundane pace. It is not until we experience a noteworthy event in our personal or professional lives that, we pause and contemplate the impact. For some individuals, this crucible event provides clarity to the point that life becomes more meaningful. For others, the impact of the experience alters the course of their life forever. I experienced such an event in my professional life during a moment in which an elderly World War II Veteran quietly revealedRead MoreI Am A Bachelor Of Science Psychology848 Words   |  4 Pages I am a Bachelor of Science Psychology major at my university, and my love for behavioral sciences is so impeccable that I am complex on deciding what area to choose for my future career. I come from a family with members who suffer from either mental disorder, substance abuse, or adolescence issues. So it makes my decision even more diffic ult, because I want to help the world. However, I am leaning more towards a career in social work because the field is so diverse. Social work allows you toRead MorePersuasive Speech Essays1052 Words   |  5 Pagesstill do not care for our veterans well enough c. Preview: Today I will tell you how veterans suffer from Post traumatic stress disorder or PTSD and cant get help, how veterans are homeless and why they are , and finally I will look at this from a soldiers point of view Body A. PTSD a. According to National Institute of Health , â€Å" as much as 20 percent of Iraq war veterans suffer from PTSD† b. As you can see thats nearly a quarter of all veteran that went to Iraq have PTSDRead MoreHomeless Veterans: The Fight at Home1367 Words   |  5 PagesHomeless Veterans: The Fight at Home Every night more than sixty-five thousand veterans are looking for a place to lay their heads, they are homeless. For over a decade these men and women of our armed forces have been returning home from the conflicts overseas; each year their presence in the homeless community has increased significantly. The reintegration from a structured military lifestyle to a lax civilian life can make adjusting difficult for service members. These men and women, who haveRead MoreSymptoms And Treatment Of Ptsd Veterans1514 Words   |  7 PagesVA system and society in regards to PTSD and veterans. How can the American veterans be better taken care of? I will focus on the following four specific issues that are in need of reform, 1. How can wait times be decreased for veterans seeking mental health treatment? 2. How can the stigma attached to PTSD in veterans be eliminated? 3. How can veterans receive immediate assistance in times of crisis? 4. How can we ensure that diagnosed PTSD veterans will continue treatment after receiving full monetaryRead MoreThe Day Of The World War I1370 Words   |  6 PagesYears later in 1938, Congress passed the 11th of November as a legal holiday; in 1954, the holiday was renamed Veterans Day to include an honoring to all military personnel and committees (â€Å"Office of Public Affairs†). Veterans Day was a highly respected and celebrated day; there were parades, banquets, services, recognitions, and anything else that could be a celebration. Now however, Veterans Day is celebrated with one major publicized memorial at Arlington, posts on social media from people who hardly

Tuesday, May 19, 2020

The Arab Spring Movement And The Egyptian Revolution Essay

The Arab Spring movement is a fundamental event that occurred in the Arab world and a source for contentious debate amongst Western and Middle East scholars regarding the degree of political change and empowerment that the Arab Spring produced; political change refers to the overthrowing of autocratic governments and empowerment refers to the newfound collective identity, empowerment, and unity amongst citizens to challenge corrupt governments. Social movements such as the Arab spring, are defined as collective acting with some degree of organization and continuity outside of institutional or organizational channels for the purpose of challenging or defending the state authority, whether it is institutionally or culturally based in the group, organization, society, culture, or the world order of which they are a part (Orum and Dale 2009, 218). With this definition in mind, the Arab Spring is a wave of social protests initiated by civilians against corrupt governments. In the case of Egypt, the Arab Spring movement is primarily recognized as the 2011 Egyptian revolution. This revolution is characterized by eighteen day long social protests that largely focused on political and regime changes in regards to Hosni Mubarak’s governance. In part, because Mubarak failed to meet the legitimate aspirations of their citizens. These include but are not restricted to political/economic freedoms, human dignity, and economic prosperities. Considering these explanations, the uprising inShow MoreRelatedThe Arab Spring : A New Movement1587 Words   |  7 PagesThe Arab Spring is the name given to the wave of movement of anti-government protests within the Middle East and Northern Africa. The message of the Arab Spring is by no means an old one: there has been a significant amount of protest and movements prior to the modern 2010 one. The modern Arab Spring sparked in December 2010 when a local Tunisian vendor lit himself on fire in protest of the bribes demanded by the corrupt police. This action sparked similar movements in surrounding countries. ProtestorsRead MoreThe Egyptian Revolution And The Arab World1453 Words   |  6 Pagesaddressed any topic related to the Arab world can be a daunting assignment. Nevertheless, my group was able to create a unique project that highlighted a monumental string of events that shaped the Arab world as we see it today. The topic decided upon was the Arab Spring in Egypt, specifically looking at how Facebook existed in its timeframe as a mechanism for collaboration and action toward a revolution and regime change. Together, we set to understand the Egyptian revolution beginning in 2010 in tangibleRead MoreEssay about Arab Spring, Social Movement?1148 Words   |  5 Pagesï » ¿Arab Spring? Social Movement? Change in society is not always bad, a time of transition from one phase towards another is something that might bring a better condition for the future. Even if the transition period are filled with violence, the end result of the transformation can be either in the shape of new government or even a society change. The beginning of those transitions and transformation are triggered by an action call social movement. In this paper, the writer will attempt to describeRead MoreSocial Media And The Arab Spring1447 Words   |  6 PagesAccording to the data from the Arab Social Media Report 2011 by Mourtada and Salem, the amount social media usage increased immensely during the Arab Spring period from January 1 to March 30. The number of Facebook users in the Arab nations had almost doubled, up from 14,791,972 (as of April 2010) to 27,711,503 (as of April 2011) (Mourtada and Salem 9). Similarly, in the first three months of 2011, the number of tweets increased from 55 million to 155 mi llion a day (Mourtada and Salem 15). This increaseRead MoreSocial Media And The Arab Spring1455 Words   |  6 PagesAccording to the data from Arab Social Media Report 2011 by Mourtada and Salem, the number of social media usage increased immensely during the Arab Spring period from January 1 to March 30. The number of Facebook users in the Arab nations has almost doubled since the same time, up from 14,791,972 (as of April 2010) to 27,711,503 (as of April 2011) (Mourtada and Salem 9). Similarly, at the first three months of 2011, the number of tweets increased from 55 million to 155 million a day (Mourtada andRead MoreFuture of Arab countries relations after revolutions900 Words   |  4 PagesFuture of Arab countries relations after revolutions Mohamed Abdelaziem Elchime Since the Arab revolutions in Tunisia , Egypt, Libya and Yemen , as well as in Syria mounts to talk about the impact of these revolutions on the Arab political scene in general and the Arab relations - Arab , Will lead variables internal politics which will be witnessed by those countries to reforms in other states and whether led to change in the structure of the Arab political scene in general. key words: ThisRead MoreThe Arab Spring : Social Movements2081 Words   |  9 PagesThe Arab Spring: Social Movements in the Internet Age When it comes to the case of the Arab spring it has a lot to do with how they got their start over social media networks such as Facebook and twitter, social movements just like the Arab spring have established a platform for political activism that wasn’t there before which is what I hope to show and express in my research in the case study of the Arab spring. When it comes to the Arab spring as most know they begun as a social movement on theRead MoreUnderstanding the Arab Spring1050 Words   |  5 PagesThe revolutionary movement in the Middle East started in January 2011 where Tunisian Bouazizi Mohamed, who set himself on fire, ensued to the revolt of his fellow citizens (Pollack 2011). Political and social frustrations led to tremendous discontent of citizens, and massive protests and social movements demanded a change of the country’s political regime. This widespread event was known as â€Å"the Arab Spring† and empowered other people in Arab countries w ho were not satisfied with their sociopoliticalRead MoreThe Between Islam And The Middle East1734 Words   |  7 Pagescountry or nation should be chosen by the people, but there is no clear method for re-elect after a period of time which make it a hesitation point in Islamic ideology. Others think that all these issues should be taken from the modern books where the movement of society needs are more applicable toward the new generation and the first world. However, the Middle East has a different story in the process of democratizing and still have a long way through since it has both Islam, Christianity, Jewish andRead MoreThe Effect Of The Arab Spring On The Muslim Brotherhood1716 Words   |  7 PagesIn this paper, I will be explaining the concept of revolution, its definition, and application in Egypt and Tunisia. I will further discuss the achievement that took place since the revolutions in both countries and finally will conclude by demonstrating the effect of the Arab s pring on the Muslim brotherhood. ‘Revolution’ tend to occur when the basic needs of a population are not met by its government, when there is a violation of basic human rights, when there is no hope, when people are oppressed

Monday, May 11, 2020

How can a company create value - Free Essay Example

Sample details Pages: 8 Words: 2313 Downloads: 2 Date added: 2017/06/26 Category Finance Essay Type Narrative essay Did you like this example? Discuss, with the aid of examples, how a company can create value THEORETICAL BASIS FOR VALUE CREATION Companies create value by investing capital to generate future cash flows through its business operations at a rate exceeding the cost of capital. Numerically, the value of a company can be defined as the sum of present values of free cash flows (FCF) expected in the future, and is given by the mathematical expression, Don’t waste time! Our writers will create an original "How can a company create value?" essay for you Create order where FCFt is the free cash flow in year t, and WACC is the weighted average cost of capital. This can be simplified into the expression, where NOPLAT1 is the net operating profit less adjusted taxes in the first year, ROIC is the return on invested capital, and g is the annual rate at which FCF grows (Koller, 2010). When the investment rate is constant and NOPLAT is proportional to the revenues, the revenues of a company will also grow at the same rate g as the cash flows. Thus from the above expression, the value of a company is driven by its revenue growth (g) and the return of invested capital (ROIC). Figure 1 shows a contour plot of value vs. growth and ROIC with a NOPLAT of 100 and WACC at 10%. Figure 1: Contour Plot of Value vs. g and ROIC It is clear from the contour plot that higher growth leads to increase in value, but only when ROIC is greater than WACC. It is also evident from the arrows on Fig.1 that in order to create value, higher growth companies should focus on increasing ROIC and higher ROIC companies focus on growth. From the above theoretical basis, it is evident that in order to increase their value, companies must undertake activities that result in growing the business and/ or increasing the return on invested capital (ROIC) as appropriate, while avoiding short-term growth in free cash flows (and dividends) achieved by cutting down on investments that could increase the value on a longer term. As a corollary, if a company undertakes actions that do not produce incremental cash flows, then there is no additional value created. Activities such as share repurchases and financial engineering do not generally create value for this reason. Grullion and Michaely have demonstrated statistically that dividends and repurchases are substitutes (2002, p.1682). However share repurchases could help avoid value destruction, when a company has a high likelihood of investing cash at low returns (Koller, 2010). EXAMPLES OF ACTIVITIES UNDERTAKEN BY COMPANIES TO CREATE VALUE Gaining Competitive Advantage A companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s ROIC depends directly on its competitive advantage enabling it to charge a price premium on its products and services or produce them more efficiently (at lower cost or lower capital), or both. Companies can charge a price premium if they produce innovative and high quality products, build a great brand and through customer lock-in. In commodities or commoditised products and services, rational price discipline by the players in the industry can help keep up the lower bound on prices. Cost and capital efficiencies can be built through innovative business and operating models, leveraging economies of scale and through scalable products. Product Innovation. Tesla Motorsà ¢Ã¢â€š ¬Ã¢â€ž ¢ electric cars are good examples of product innovation as a strategy adopted by a company. Their Model S has economy, performance and range (over 200 miles) as the key differentiating factors over other competitors, with a price premium well over $25,000 on comparable electric cars (Davis, 2013). Product Quality. While reputation for quality products helps to charge a price premium (as in the case of BMW and Audi cars), product quality programmes such as Six Sigma have been demonstrated to reduce unit cost of products/ services in Bank One, Lockheed Martin, Stanford Hospital and Clinics and of course General Electric (George, M., 2003). Brand Creation. Samsung spent over $4.3 billion in advertising, ranking in brand value at 9 from 53 (Forbes). Their products such as Ultrabooks demand premiums prices well over the other competitors and on par with Appleà ¢Ã¢â€š ¬Ã¢â€ž ¢s laptops. Brands also drive volumes as evidenced by Coca-cola and McDonalds, leading to value creation through economies of scale (Forbes). Innovative Business Methods. Structuring the business model and operations to reduce waste and complexity can result in significant cost efficiencies. Southwest Airlines avoided complexity by operating only one type of aircraft (Boeing 737) in contrast to American Airlines which operated up to 14 different types of aircraft during 1996-2001. As a result, Southwest had about 40% lesser cost of airline operations per seat-mile during in 2001 compared to American Airlines, while its share price doubled (George, M., 2004, p.6-8) Growth Initiatives When ROIC is high, growth drives value quickly as seen in Figure 1. The following are a couple of examples of how companies create value through growth Create New Markets There is perhaps no better example than tablet computers for the creation of a new market. Apple identified a market gap and released a revolutionary new product, iPad. Within the first quarter, iPad became Appleà ¢Ã¢â€š ¬Ã¢â€ž ¢s third largest revenue segment surpassing iPod (https://www.businessinsider.com/chart-of-the-day-ipad-ipod-mac-2010-7). Persuade existing customers to buy more Insurance companies such as Aviva offer loyalty discounts to persuade its car insurance customers to buy home of life insurance thus driving growth. Technology companies such as Samsung attract customers to buy other products such as Galaxy Gear watch by offering integration with its phones. Also, technology companies persuade their customers to buy compatible accessories for phones and tablets. Granular growth In order to determine the areas of growth within the portfolio, a high level cut by business or geography is not sufficient. According to Baghai (2009, p.88-89), a granular analysis to identify micro-segments of customers, geographies, regions and products is essential, before investing in RD, advertising and other growth investments. Baghai gives an example of a semiconductor manufacturer who reallocated 30% of RD resources to highly promising segments resulting in faster than the market growth within two years. Mergers Acquisitions Jack Welch, the CEO of General Electric during 1981-2001 adopted a à ¢Ã¢â€š ¬Ã…“fix, sell or closeà ¢Ã¢â€š ¬Ã‚  strategy for underperforming business units. In the first four years of his tenure, he divested 117 business units, accounting for 20% of GEà ¢Ã¢â€š ¬Ã¢â€ž ¢s assets. It is well known the GEà ¢Ã¢â€š ¬Ã¢â€ž ¢s share during his 20 year tenure rose by 4000%. According to a study performed on 200 companies during 1900-2000, on an average, $100 invested in January 1990 in a company actively managing its business portfolio would be worth $459 by the end of the decade, while that same $100 would have grown to only $353 if invested in company passively managing its business portfolio (Dranikoff, 2002, p.75-76). This approach to fix, sell or close based on value can be applied to the portfolio of products and service offerings of a company in order to increase its value. Explain how to value companies using the cash flow-based approach and the difficulties that may arise in the application of such an approach in the real-world. The enterprise DCF method discounts free cash flows (FCF), available to all investors including equity holders, debt holders and non-equity investors, at the weighted average cost of capital (WACC). Enterprise DCF method is a carried out as shown in the process below (Koller, 2010): Determine the value operations of a company by discounting FCF at WACC Identify and value non-operating assets such as nonconsolidated subsidiaries, equity investment, and add it to the value of operations to obtain the enterprise value Identify and value all debt and non-equity claims such as unfunded pension liabilities, employee stock options, etc. Subtract the non-equity value from the enterprise value to obtain equity value. Calculate the price per share by dividing the equity value by current number of undiluted shares. Valuing Operations Using DCF method to value operations requires a forecast of future FCF and WACC at which cash flows must be discounted. Historical values of FCF and WACC are necessary before they could be forecasted. To calculate FCF for past and current years, NOPLAT and change in Invested Capital are obtained first from the rearranged financial statements, from which FCF is derived. ROIC is then calculated as the ratio of NOPLAT to the Invested Capital. The figures thus obtained are used to perform historical analysis of the company, especially to understand how the value drivers, namely ROIC and growth have behaved in the past, in order to estimate their future values. Forecasts for ROIC and growth are determined using sell-side analysis. FCF forecasts are obtained from the forecasts for NOPLAT and Invested Capital derived. A major difficulty in this process is that these forecasts cannot be projected beyond a few years. Therefore, the Continuing Value of the company must be added to the Present Value of the FCF projected for the forecasted years. The value of the operations thus determined is given by the expression (Koller, 2010): Value of Operations = PV of FCF during forecast period + Continuing Value (which is the PV of FCF during the years beyond the forecast period). NOPLAT in the year following the forecast period is required to calculate Continuing Value. RONIC (return on new capital) and growth (g) are calculated as long run forecasts. WACC is required both to discount cash flows during the forecast period as well as to determine the continuing value. It is calculated as a blended rate of the cost of capital of equity (ke) and debt (kd). Koller (2010, p.113) gives the following expression for WACC: where D is the debt and E the equity of a company at market values, while Tm is the marginal tax rate. Applying a constant WACC to determine the present value of all future cash flows is based on the assumption that the capital structure (debt to equity ratio) is constant throughout the future. This is however not true in real life. WACC can be adjusted to account for the lack of stability in debt to equity ratio, but the process is very complicated. Instead, it is recommended that Adjusted Present Value (APV) method be used in such circumstances (Koller, 2010). Some of the real world problems faced while valuing companies could be summarised as below: Company financial statements provide only historical data while DCF method requires future projections of FCF and WACC. It is not easy to obtain forecasts beyond a few years Assuming WACC to be constant throughout is not realistic and can skew the results Significant changes in debt to equity ratio can make cash flow based valuation a very difficult exercise According to Jacobs and Shivdasani (2012. p.119-124), the following are some specific practical issues identified in a survey conducted by Association for Finance Professionals (AFP): Forecast horizon varies significantly among the practitioners (5-15 years) While cost of equity (required to calculate WACC) is estimated using Capital Asset Pricing Model (CAPM) by most respondents, the definitions of factors used in this method, viz., risk free rate, market premium and beta varied significantly (eg. beta period from 1-5 years). Similarly, inconsistent definitions of cost of debt (required for WACC calculation) were reported to be used by the respondents Nearly 50% of the respondents of a survey conducted by Association of Finance Professionals (AFP) admitted that the discount rate (WACC) they use is likely to be 1% more or less than the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s true rate. This becomes a key issue in valuation as it has been shown that a 1% drop in the cost of capital could influence the US companies to invest an additional $150 billion over three years. Over half of the respondents have using book value of equity instead of market value to calculate debt to equity ratio (required for WACC). But in real life the difference can be 10 fold (eg. IBM, Delta Airlines) resulting in WACC to be underestimated by about 2-3%. Valuation of Non-Operating Assets Enterprise value is obtained by adding the value of non-operating assets to the operating value. Non-operating assets include non-consolidated subsidiaries, excess cash, tradable securities and customer financing arms. Net income from non-consolidated subsidiaries cannot be included in the free cash flows to calculate value as it will distort the margins due to the fact that the corresponding revenues are not recognised in this calculation. Therefore, they must be valued separately. A practical difficulty in this process is the level of accuracy in estimating the value of non-consolidated subsidiaries due to the fact that it depends on how much other companies owing these subsidiaries disclose the required information (Koller, 2010). Identifying and Valuing Non-equity Claims In order to obtain equity value, the value of non-equity claims (such as interest bearing debt, unfunded pensions, capitalised operating leases and employee stock options) must be subtracted from the enterprise value. Due to increasingly complex financial markets, it is very difficult to identify certain non-equity claims such as Special Investment Vehicles (SIV) in real life, since SIVs are registered as separate legal entities and the originating banks are not contractually responsible for the debt. References Baghai, M., Smit, S., and Viguerie, P . à ¢Ã¢â€š ¬Ã‹Å"Is Your Growth Strategy Flying Blind?à ¢Ã¢â€š ¬Ã¢â€ž ¢, Harvard Business Review, May 2009. Davies, A. and Nudelman, M. Heres How Teslas Model S Compares To Other Top Electric Cars, Business Inisder. Available from: https://www.businessinsider.com/electric-car-comparison-chart-2013-8) [Accessed 01 March 2014]. Dranikoff, L., Koller, T. and Schneider, A. à ¢Ã¢â€š ¬Ã‹Å"Divestiture: Strategyà ¢Ã¢â€š ¬Ã¢â€ž ¢s Missing Linkà ¢Ã¢â€š ¬Ã¢â€ž ¢, Harvard Business Review, May 2002 Forbes, 2014. à ¢Ã¢â€š ¬Ã‹Å"The Worldà ¢Ã¢â€š ¬Ã¢â€ž ¢s Most Valuable Brandsà ¢Ã¢â€š ¬Ã¢â€ž ¢. Available from: https://www.forbes.com/powerful-brands/list/ [Accessed 03 March 2014]. Frommer D., 2010. à ¢Ã¢â€š ¬Ã‹Å"CHART OF THE DAY: The iPad Is Already Bigger Than The iPod And Half As Big As The Mac. Available from https://www.businessinsider.com/chart-of-the-day-ipad-ipod-mac-2010-7 [Accessed 03 March 2014]. George, M. and Wilson, S., 2004. Conquering Complexity In Your Business. 1st ed. London: McGraw-Hill. George, M., 2003. Lean Six Sigma for Service. 1st ed. New York: McGraw-Hill. Grullion, G. and Michaely, R., 2002. à ¢Ã¢â€š ¬Ã‹Å"Dividends, Share Repurchases, and the Substitution Hypothesisà ¢Ã¢â€š ¬Ã¢â€ž ¢. Journal of Finance, Vol LVII, No.4. Jacobs, M. and Shivdasani, A. à ¢Ã¢â€š ¬Ã‹Å"Do You Know Your Cost Of Capital?à ¢Ã¢â€š ¬Ã¢â€ž ¢, Harvard Business Review, July-Aug 2012, p.119-124. Koller, T., Goedhart, M. and Wessels, D., 2010. Valuation: Measuring and Managing the Value of Companies. 5th ed. New Jersey: John Wiley.

Wednesday, May 6, 2020

A Modest Proposal Essay - 2330 Words

Have You Eaten Yet?: Swift’s Final Solution amp;#9;As a lately favored eighteenth century essay, Jonathan Swift’s amp;quot;Proposalamp;quot; has been canonized as a satirical model of wit. As will be discussed shortly, Swift’s essay is often seen as an allegory for England’s oppression of Ireland. Swift, himself and Irishman (Tucker 142), would seem to have pointed his razor wit against the foreign nation responsible for his city’s ruin. Wearing the lens of a New Historicist, however, requires that we reexamine the power structures at work in Swift’s society. We must delve into not only Swift’s amp;quot;Proposal,amp;quot; but also into other of his correspondence, and even into discourse of the epoch in order to gain a thick†¦show more content†¦There are major impediments to this approach. amp;#9;The Proposer is amp;quot;clearly in Ireland, addressing an Irish audience with an account of circumstances which are as real as they are horrible.amp;quot; (Rosenheim 204) England’s consumption of Ireland is mentioned expressly, but in a single clause which certainly does not inform but transiently exploits the great central conceit at work in the amp;quot;Proposalamp;quot;: amp;quot;†¦although I could perhaps name a country that would be glad to eat up our whole nation without it [preserving the flesh of the infant carcasses].amp;quot; (Swift) The structure and progress of the Proposer’s argument, both as a whole and in it particulars, seem in no way derived from any analogical or allegorical perception. Rather, at least some of Swift’s irony, if not the largest portion thereof, is directed at Ireland, not England. amp;#9;The proposer states that amp;quot;Infants flesh will be in season throughout the year†¦amp;quot; and that a large quantity of infant flesh will be consumed. He indicates that cooks will vie with each other in preparing new dishes of this food which is amp;quot;a most delicious, nourishing, and wholesome food.amp;quot; (Swift) The proposer next exhausts theShow MoreRelatedModest Proposal1066 Words   |  5 PagesA Modest Proposal was a satirical essay written by Jonathan Swift depicting the horrific conditions of Ireland and the lives of the Irish people in 1729. Swift writes the satire disguised as a social planner of the time who as Swift satirizes were known to be overly rational rather than compassionate. The author portrays and attacks the cruel and unjust oppression of Ireland by its oppressor, the mighty English and ridicules the Irish people at the same time. However, Swifts opposition is indirectlyRead MoreA Modest Proposal1096 Words   |  5 PagesAssignment 1 : Swift’s â€Å"A Modest Proposal† Dr. Anthony McCormack Strayer University World Culture II Gladys A. Reyes July 25, 2015 In the satire â€Å"A Modest Proposal’, Jonathan Swift expresses his feelings of frustration with regard to the aggravation and political issues in Ireland. He describes being frustrated with the indifference of Ireland politicians, the wealthy, the English tyranny, and the degradation and poor conditions in which many poor, Irish women and children have been forcedRead MoreA Modest Proposal Essay1095 Words   |  5 PagesJonathan Swift’s satire, â€Å"A Modest Proposal†, Swift writes about the starving people of Ireland in the early 1700’s. He makes a wild and absurd proposal to help remedy the problems of overpopulation and poverty. Swift wants to make a political statement by using the â€Å"children† as satire to grasp the attention of the audience - the English people, the Irish politicians and the rich – and make them aware of the political, moral, and social problems. In â€Å"A Modest Proposal†, Swift’s arguments are presentedRead MoreAnalysis on a Modest Proposal1421 Words   |  6 PagesEnglish Commentary – Digression â€Å" A modest proposal† by Jonathan Swift is a rhetoric piece that satirizes the dismal political, social and economic conditions in 18th century Ireland. As a solution, the preposterous proposal suggests that the Irish eat their own babies; as it is logically viable, and economically profitable: a condition adhering to the rational mentality of the age of reason. Swift develops his argument on two levels: A seemingly intellectual persona, caricaturized on a stereotypicalRead MoreAnalysis of A Modest Proposal873 Words   |  4 Pages Jonathan Swift, the writer of the satirical essay A Modest Proposal, grew up and lived in Ireland during times of famine and economic struggles (Conditions). Growing up with a single mother and no father, Swift knew what hard times and struggles were like (Jonathan Swift: Biography). His essay proposes an easy solution to the economic problems going on in Ireland for both the wealthy ruling classes and the poorer classes, although his intention s and the meaning behind his words are not what wouldRead MoreSatire In A Modest Proposal2026 Words   |  9 Pagesand no one else had anything to do with it. This was a common theme centuries ago, and it still a common theme today, though which particular characterizes makes someone privileged continues to change over time. In Jonathan Swift’s essay â€Å"A Modest Proposal,† Swift uses the elements of satire to ridicule Irish oppressors, specifically the Catholics and the rich. LITERARY ANALYSIS One of the most commonly used elements of satire is irony, which Swift uses freely to show the monetary and religiousRead MoreSummary Of A Modest Proposal 1304 Words   |  6 Pageseconomical problems such as poverty and overpopulation. Throughout Swifts writing we are able to recognize many things such as his purpose for writing â€Å"A Modest Proposal† and how it’s achieved, the form of emotional and logical appeal he uses to draw in his readers, along with his strongest and weakest elements in his text. Although Swift proposes his modest idea of selling children into the meat market, that is not his real solution, it is simply an idea that he proposes to get his point across that ifRead MoreJonathan Swifts A Modest Proposal949 Words   |  4 Pages â€Å"A Modest Proposal† by Jonathan Swift takes place in Dublin Ireland in the 18th century. The narrator is a very ironic character. His â€Å"modest† proposal is anything but modest. This short story takes place during a famine. Since there was a famine, Swift proposes the idea that people sell their one year old children to the rich so they would not be a burden to their family. One important way in which the author engages the audience’s attention and tries to help his readers see deeper politicalRead MoreA Modest Proposal By Jonathan Swift860 Words   |  4 PagesWhen I was informed to read â€Å"A Modest Proposal† by Jonathan Swift as an assignment for creating annotated bibliographies, I began to develop an interest on how Swift came about the matter of his request into rebuilding Ireland s economy and way of life. I believed that Swift added cannibalizing children to the subject matter to give his proposal a more profound and eye-opening effect, but my readings further piqued my interests on the topic. As a result, I researched Jonathan Swift’s motives andRead MoreSatire Modest Proposal Essay837 Words   |  4 Pagesupon deaf ears and change can be slow or non-existent. However some social commentators, such as Jonathan Swift in his pamphlet A Modest Proposal, use clever, targeted, and ironic criticism to bring the social state of Ireland to the attention of indolent aristocrats. He accomplishes such criticism through satire, specifically Juvenanlian satire. Swift’s A Modest Proposal stands as a perfect example of the type of satire that plays upon the audience’s emotion by creating anger concerning the indifference

Delhi’s Air Free Essays

Clean air and healthy environment is a pre-requisite for well being of people. In the modernising world, urban expansion and industrialisation has been a rapid process. With industrial expansion and rapid urbanisation, clean air in cities has become rare phenomena. We will write a custom essay sample on Delhi’s Air or any similar topic only for you Order Now Though, Air Pollution has increasingly become an environmental health hazard over the years in India and the World. The exposure to air pollution has put people at Risk of several kinds, of which health risk is the most prominent one. According to a report by World Health Organisation (WHO) on an estimate 7 million people die each year prematurely as a result of air pollution throughout the globe. Meanwhile the world in present times desires to achieve Sustainability, Delhi’s unsustainable and deteriorating air quality is put under the scanner time and again. India is a signatory to the Sustainable Development Goals. The Goal three which calls to promote good health and well-being has targets directly linking to air pollution and health risk; and Goal eleven is about making cities and human settlements inclusive, safe and resilient wherein a specific target is being listed for reducing environmental impacts of cities which include reduction of levels of particulate matter in air as well. Air Pollution in India has become an issue of national importance. Many urban and rural spaces to some extent in India have highly deteriorated air quality. Delhi, being India’s capital is top in the red list. Delhi has also been consistently part of Central Pollution Control Board’s list of Non-attainment cities list with respect to ambient air pollution. This paper is based upon the research conducted upon Delhi’s case of air pollution. Delhi is a union territory and a sub-state, the federal complexities of risk governance of air pollution here has become a tedious task. Since there’s an underlined interface between the public health concern and governance of this health risk. Risk management here is of immense importance and hence governance comes into the picture through governance has become significant for this study. Air pollution in Delhi is not a contemporary cause of concern but has been now deliberated for long by various agencies. Time and again various policy initiatives have been introduced by different governments and authorities to save the Delhi’s Air. This paper through its different sections tries to trace the evolution and structure of this governance process and analyses’ the same. Towards the end, various issues of concern for the air pollution governance in Delhi have been identified and few suggestions have been chalked. How to cite Delhi’s Air, Papers

Social Science Research Methods for Longitudinal - myassignmenthelp

Question: Discuss about theSocial Science Research Methods for Longitudinal Research. Answer: A longitudinal research is where a researcher studies a sample of the targeted population over a long period of time so as to make inferences about their behavior. It is in this light, that understanding an individuals retirement behavior is necessary. For instance, as one approaches the retirement age, there are those who decide to undertake interim jobs prior to their complete withdrawal from the labor market. Thus, a longitudinal research comes in handy to understand the reason behind this. A suitable longitudinal research question that would address this behavior is Why are many employed individuals taking on interim jobs before their complete withdrawal from the labor market? Trochim (2006) argues that before articulating any research process, especially in social sciences, there is need to formulate and develop a feasible research design. A research design aids in developing logical reasoning that will help in addressing the research problem (Gorard, 2013). According to Vogt, Dianna and Lynne (2012), it is important for one to derive a research design that has reference to the research question at hand. In reference to individuals behavior of undertaking interim jobs prior to retirement, a cohort research design comes in handy in understanding the reasoning behind it. Through this design, aids in making use of the quantitative framework that is inclusive of the statistical data that makes the individuals under observation be united either by similar traits or behaviors. Additionally, in reference to the research question that seeks to understand the behavior of individuals nearing the retirement age, this design becomes feasible as it involves conducting a research over a period of time. Inclusively, it also involves using a sample of the population in different time periods thus making it a preferable one in the case of longitudinal research. Cohort design is flexible and can include the use of data either primary or secondary data thus providing deeper insights to the research question over time (Healy Devane, 2011). A longitudinal research design can also be used to answer the research question. This is because it involves the observing the same population over time and involving different samples when making the repeated observations (Singer Willet, 2003; Vandenberg, Ployhart, 2010). Approaches to Social Research There are various approaches that can be applied in social research. Among these, is the positivist approach. This approach uses the deductive approach where the researcher is required to focus on available facts (Crowther and Lancaster, 2008). A positivist approach is bound by the fact that the researcher should be independent and that the research should objective. It is arguable that older workers who choose to remain economically active tend to face problems finding work. Researchers who apply the positivist approach, are more likely to investigate this phenomenon by observing it rather than trying to explain the phenomenon (Wilson, 2010). To do this, they have to identify their target population firstly, then derive a sample which they will observe throughout the study. Additionally, they are supposed to be independent meaning they can not to have any relationship with the sample chosen. This is to ensure that the findings in their research are objective and applicable. The researchers have to understand the problem from the general view similar to the one the world has then develop the most efficient methods to gather information. This can be through administering questionnaires in addition to observing the sample population. Knusten and Jonathan (2012) provide that positivist can conduct experiments as they can determine the causality of t hese issues and at the same time acquire necessary and additional information. A positivist approach by researchers is more likely to include the use of questionnaires, surveys, and available statistics (MacKinnon, 2007). This is because they are believed to offer reliable and representative data that will guide the research to conduct and analyze the identified findings. The positivist approach is a good one as it reduces the opportunity for prejudice associated with other approaches. It gives the observer a chance to have a clear mind as they have an independent thinking. In this way, they will be able to make inferences on the reason as to the theory of older workers facing problems when searching for work. According to Monette, Sullivan, and DeJong (2010), as the positivist approach encourages a researcher to use the quantitative method of data collection and analysis, it allows them to get in-depth information that explains the stated phenomena. This makes their research to be quantifiable, objective and applicable to the general public. Survey Research When conducting research on behalf of National Silver Academy (NSA) on how learning experiences can be improved upon, the following survey questions can be applicable: (1) How do you find the learning experience? (2)What areas are you satisfied within the attaining the education? (3)What areas do you feel can use improvement? (4) What are some of your suggestions on improvements that you recommend to ensure the education received is of great quality? (5)What are other critical areas do you believe should be included in the learning process? These survey questions are crucial in conducting the research due to the fact that they are open-ended thus allowing the respondents to give clear and detailed responses. This also makes the answers giving be valid fable and reliable. This is because the researcher will attain deeper information on the topic as the details are in plenty. To ensure the validity and reliability of the research, the survey questions are directly related to the question in hand. The NSA wants to evaluate how the learning experience of the students can be improved upon. The survey questions help the researcher to gather first-hand information from the sample and make inferences based on what he gathers. This will make the findings valid and reliable as what is collected is directly from the source. It is in this light that the questions attempt to identify what is comfortable to the students, what is not comfortable, propose ways to make their learning experience comfortable as well as identifying new add itional features that would help improve their experience thereby providing conclusive findings that will answer the research question. Using a survey, in this case, is beneficial as it provides precise results and is highly representative as the population is large. Additionally, it is convenient for gathering data and has good statistical significance. A possible drawback of using survey, in this case, can be the inflexibility of the technique as the administration right up to a collection of data cannot be changed. Conclusion When conducting a research on social science, it is important for one to ensure that they have formulated the right research question that will address the issue or problem. Consequently, the research design developed should be relative and applicable to the research question formulated. To acquire the best information as well as knowledge on a particular issue, it is advisable for a researcher to use the right approach especially a positivist one to describe and engage the issue. References Crowther, D. Lancaster, G. (2008). Research Methods: A Concise Introduction to Research in Management and Business Consultancy. Butterworth- Heinemann. Gorard, S. (2013). Research Design: Creating Robust Approaches for the Social Sciences. Thousand Oaks. CA, Sage. Healy, P. Devane, D. (2011). Methodological Considerations in Cohort Study Designs. Nurse Researcher 18, pp. 32-36. Knusten, T. L., Jonathan, M. W (2012). Ways of Knowing: Competing Methodologies in Social and Political Research. 2nd ed. New York: Palgrave. MacKinnon, D. P. (2007). Introduction to Statistical Mediation Analysis. Mahwah, NJ: Lawrence Erlbaum. Monette, D. R., Sullivan, J. T., DeJong, C. R (2010). Applied Social Research: A Tool For The Human Services, 8th Ed. Brooks/Cole. Neuman, W. L. (2014). Social Research Methods: Qualitative and Quantitative Approaches, 7th Edition. Pearson Education Limited: UK. Singer, J. D., Willett, J. B. (2003). Applied Longitudinal Data Analysis. New York: Oxford University Press Trochim, W. M. K. (2006). Research Knowledge Base. Wilson, J. (2010). Essentials of Business Research: A Guide to Doing Your Research Project. Sage Publications. Vandenberg, J. R, Ployhart, E. R. (2010). Longitudinal Research: The Theory, Design and Analysis of Change. Journal of Management 36 pp. 94-120. Vogt, W. P., Dianna, C.G, Lynne, M.H. (2012). When to Use What Research Design. New York: Guilford.