Analysis of Roddy Doyle´s A Star Called Henry Essay

â€Å"Unconsciously we all have a standard by which we measure other men, and if we examine closely we find that this standard is a very simple one, and is this: we admire them, we envy them, for great qualities we ourselves lack. Hero worship consists in just that. Our heroes are men who do things, which we recognise, with regret, and sometimes with a secret shame, that we cannot do. We find not much in ourselves to admire, we are always privately wanting to be like somebody else. If everybody was satisfied with himself, there would be no heroes† (Mark Twain, 2013). Chronicles of Irish history will enlighten us of the tales and chains of events that have transpired in order for our country to be represented as it is today. Strong, peerless†¦show more content†¦Sands feels his sacrifice and his decision to go on hunger strike will be justified by the emergence of a new wave of people fighting for republicanism. â€Å"Out of the ashes, guaranteed there will be a new generation of men and women, even more resilient, more determined† (Hunger, 54.18). He is perceived as a leader among men, evident in the scene in which they attend mass in Hunger, transmitting messages of encouragement and being the recipient of external instructions. The self-sacrifice of the rebels of 1916 and the hunger strike deaths of Ashe, MacSwiney, McCaughty and others provided the societal need of role models for self-immolative martyrdom in Northern Ireland during the 1970s and 1980s. Sands, and the nine other men who died with him in hunger strike, had faced a predicament similar to Pearse and the rebels of 1916. Pearse had vowed to release Ireland from British rule and believed that this could be accomplished only by a blood sacrifice. Sands had vowed to set the republican prisoners free from their categorisation as criminals, and he too was convinced that only a redeeming act of self-sacrifice would achieve this. Irish history had provided him and his fellow republicans with the role models to emulate. (Sweeney, 345) In Hunger, the prisoners desire to be categorised as republican prisoners as opposed to criminals was further intensified through Thatcher’s

Essay on Transformation of Carl in A Bridge to Wisemans Cove

A BRIDGE TO WISEMANS COVE By James Maloney *Compare the character of Carl at the end of the novel with the person you met at the start* James Maloney in A Bridge to Wisemans Cove takes us on a journey into the life of a young, awkward, self-conscious teenager with the name of Carl Matt. We watch Carl grow into a confident, head strong young man through his experiences of making friends and starting relationships. These experiences all lead him to finally feel loved and free. We follow Carl through the challenges that he faces and endeavours to find where he stands in life. The Carl we meet at the end is completely different to the one we met at the start. Carl matures into a person who has friends and high self esteem, someone†¦show more content†¦He also got the responsibility of work. When Carl first got the job, he got it because he had to, he needed the money to give to Beryl so he could have a place under her roof. But as the story goes on, he starts to love the job, starts to love working hard toward the goal of beating the other barge by taking on more passengers than them. It gives him confidence and self satisfaction when he sees something that he?s worked hard on grow and flourish. He loves the barge as he shows when he says ?but you can?t sell the barge. It?s too important!? after he heard the news that Skip and Joy were giving up and selling the barge. The barge has given him a sense of self purpose, an income and most importantly a connection with Skip and the Duncan family, including Justine. Not that he will loose this connection he may think that it won?t be as strong as it was before. At the beginning, Carl couldn?t care less about the barge or skip, he did the job only for the money. But in the end, when there was no money, he still stuck to the barge, just as determined to reach the goal that he set for himself. Carl seemed to soar highest when the osprey was released by Carl in Wiseman?s Cove, a very emotional moment where he found a bit of himself. It seemed that Carl and the osprey?s journey to freedom was simultaneous. When he released the osprey it was a very moment. I believe that when he thrust the bird into the air, he also thrust out all of

My Boyfriend free essay sample

Ive never been so confused in my whole entire life. Nobody understands, they never have, they never will. Not now, not ever. July 4th, 2008 was the day that changed my life forever. I met the most amazing guy ever, hands down. Weve been together since then, and its been the best four months of my lifetime. Our relationship started out a bit shakey, but gradually grew stronger. From not really trusting each other, to gaining the most faith anybody could have in a relationship. About a month into our relationship, I was packing to go to a church camp in Van, Dallas. This church would be a week long and I wouldn’t have my cell phone, there for I would have to be able to trust my boyfriend. I called him before I left, told him I was scared, and he promised he wouldn’t do anything stupid while I was gone. We will write a custom essay sample on My Boyfriend or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page I believed him until a couple days after I was at camp. I felt guilt for some odd reason, As if I were doing something wrong. I cried a couple hours before going to sleep. I knew something was going on back home, I just didn’t know what. What if he was cheating on me? Would he still have the same feelings for me when I got back? Would he even remember me? Ive had no luck with my relationships before so I didnt exactly know what to do at this point. Returning back home was the hardest experience ever. I was on a Jesus High, so I figured everything would be fine. Nothing at all would have been wrong. I was most definitely wrong. My boyfriend wouldn’t reply to my text messages, and he was ignoring my phone calls. He finally texted me say he was at work, and he would be off about 4. I believed him and calmed down a bit. Then a couple hours later about 7, I was getting curious. He hadnt called or anything. By then I was at least expecting a text message. You know? Nothing. I called his best friend, Jose, who I met before I left for Sky Ranch. He said he didnt want to tell me what was going on, but Bradley had asked him to. I broke down in tears before he had even said anything after that. I knew it was bad, probably horrifying. Yep, I was right. The pain was unbearable. I cried for hours, days, and nights. This was turning to a disaster. Not only was Bradley pushing me out of his life, He had someone to replace me, His ex-girlfriend who he had dated for a month. About a week later, He had called to apologize. He knew it really hurt me, and asked for another chance. Of course Im going to say yes, this boy had meant a lot to me. More than any other boy I knew before. Dont get me wrong, I was so very confused. Was this real? Was it worth taking him back? My questions were answered. Hes more than a dream come true, and way more than my prince charming. Every second spent with him, is just so precious to me. I constantly get butterflies in my tummy and chills down my back. This boy has changed my life for the better, not only am I doing better in school, my attitude towards everything has changed. He listens to me when Im upset, and always has something good to say. Hes the most understanding person I know. He treats me better than any girl should be treated, and way better. We do have our ups and downs, but without him I have no idea who or where Id be today. Hes basically my life, without him, Im nothing. Hes constantly on my mind. Ive never been so sure on a relationship in my life, it feels so right being with him and I wouldnt want it any other way. He never judges them, and I think thats amazing. He gives me the best feelings in the world, and I cant wait to see what the future has to hold for us.

Supply and Demand Essay Example

Supply and Demand Essay chapter: 3 Supply and Demand Krugman/Wells Economics  ©2009 ? Worth Publishers WHAT YOU WILL LEARN IN THIS CHAPTER ? ? ? ? ? What a competitive market is and how it is described by the supply and demand model What the demand curve and supply curve are The difference between movements along a curve and shifts of a curve How the supply and demand curves determine a market’s equilibrium price and equilibrium quantity In the case of a shortage or surplus, how price moves the market back to equilibrium 2 of 42 Supply and Demand ? A competitive market: ? ? Many buyers and sellers Same good or service ? ? The supply and demand model is a model of how a competitive market works. Five key elements: ? ? ? ? ? Demand curve Supply curve Demand and supply curve shifts Market equilibrium Changes in the market equilibrium 3 of 42 Demand Schedule ? A demand schedule shows how much of a good or service consumers will want to buy at different prices. Demand Schedule for Coffee Beans Price of coffee beans (per pound) Quantity of coffee beans demanded (billions of pounds) $2. 00 1. 75 7. 1 7. 5 1. 50 1. 25 1. 00 0. 75 0. 50 8. 1 8. 9 10. 0 11. 5 14. 2 of 42 Demand Curve Price of coffee bean (per gallon) $2. 00 1. 75 1. 50 1. 25 1. 00 0. 75 0. 50 A demand curve is the graphical representation of the demand schedule; it shows how much of a good or service consumers want to buy at any given price. As price rises, the quantity demanded falls Demand curve, D 0 7 9 11 13 15 17 Quantity of coffee beans (billions of pounds) 5 of 42 GLOBAL COMPARISON Pay Mor e, Pump Less†¦ ? Price of gasoline (per gallon) Germany Because of high taxes, gasoline and diesel fuel are more than twice as expensive in most European countries as in the United States. We will write a custom essay sample on Supply and Demand specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Supply and Demand specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Supply and Demand specifically for you FOR ONLY $16.38 $13.9/page Hire Writer According to the law of demand, Europeans should buy less gasoline than Americans, and they do: Europeans consume less than half as much fuel as Americans, mainly because they drive smaller cars with better mileage. $8 7 6 United Kingdom Italy France Spain ? 5 4 3 Japan Canada United States 0. 2 0. 6 1. 0 1. 4 0 Consumption of gasoline (gallons per day per capita) 6 of 42 An Increase in Demand ? ? An increase in the population and other factors generate an increase in demand – a rise in the quantity demanded at any given price. This is represented by the two demand schedules one showing demand in 2002, before the rise in population, the other showing demand in 2006, after the rise in population. Demand Schedules for Coffee Beans Quantity of coffee beans demanded (billions of pounds) Price of coffee beans (per pound) in 2002 in 2006 $2. 00 1. 75 1. 50 1. 25 1. 00 0. 75 0. 50 7. 1 7. 5 8. 1 8. 9 10. 0 11. 5 14. 2 8. 5 9. 0 9. 7 10. 7 12. 0 13. 8 17. 0 7 of 42 An Increase in Demand Price of coffee beans (per gallon) $2. 00 Increase in population ? more coffee drinkers 1. 75 1. 50 1. 25 1. 00 0. 75 0. 50 0 Demand curve in 2006 Demand curve in 2002 7 9 11 13 D 1 D 17 2 15 Quantity of coffee beans (billions of pounds) A shift of the demand curve is a change in the quantity demanded at any given price, represented by the change of the original demand curve to a new position, denoted by a new demand curve. 8 of 42 Movement Along the Demand Curve Price of coffee beans (per gallon) $2. 00 1. 75 1. 50 1. 25 A C †¦ is not the same thing as a movement along the demand curve B A shift of the demand curve†¦ A movement along the demand curve is a change in the quantity demanded of a good that is the result of a change in that good’s price. 1. 00 0. 75 . 50 D 7 8. 1 9. 7 10 13 1 D 17 2 0 15 Quantity of coffee beans (billions of pounds) 9 of 42 Shifts of the Demand Curve Price Increase in demand An â€Å"increase in demand† A â€Å"decrease in demand†, means a leftward shift of rightward shift of the demand curve: at any given price, consumers demand a smaller quantity larger quantity than before. (D1? D3) (D1? D2) Decrease in demand D 3 D 1 D 2 Quantity 10 of 42 What Causes a Demand Curve to Shift? ? Changes in the Prices of Related Goods ? Substitutes: Two goods are substitutes if a fall in the price of one of the goods makes consumers less willing to buy the other good. Complements: Two goods are complements if a fall in the price of one good makes people more willing to buy the other good. ? 11 of 42 What Causes a Demand Curve to Shift? ? Changes in Income ? ? Normal Goods: When a rise in income increases the demand for a good the normal case we say that the good is a normal good. Inferior Goods: When a rise in income decreases the demand for a good, it is an inferior good. ? ? Changes in Tastes Changes in Expectations 12 of 42 Individual Demand Curve and the Market Demand Curve The market demand curve is the horizontal sum of the individual demand curves of all consumers in that market. (a) (b) (c) Darla’s Individual Demand Curve Price of coffee beans (per pound) Price of coffee beans (per pound) Dino’s Individual Demand Curve Price of coffee beans (per pound) Market Demand Curve $2 $2 $2 DMarket 1 1 1 DDarla DDino 0 20 30 Quantity of coffee beans (pounds) 0 10 20 Quantity of coffee beans (pounds) 0 30 40 50 Quantity of coffee beans (pounds) 13 of 42 Supply Schedule ? A supply schedule shows how much of a good or service would be supplied at different prices. Supply Schedule for Coffee Beans Price of coffee beans (per pound) Quantity of coffee beans supplied (billions of pounds) $2. 00 1. 75 1. 50 1. 25 1. 00 0. 75 0. 50 11. 6 11. 5 11. 2 10. 7 10. 0 9. 1 8. 0 14 of 42 Supply Curve Price of coffee beans (per pound) Supply curve, S $2. 00 1. 75 1. 50 1. 25 1. 00 0. 75 0. 50 0 7 9 11 13 A supply curve shows graphically how much of a good or service people are willing to sell at any given price. As price rises, the quantity supplied rises. 15 17 Quantity of coffee beans (billions of pounds) 15 of 42 An Increase in Supply ? ? The entry of Vietnam Supply Schedule for Coffee Beans into the coffee bean Quantity of beans supplied Price of business generated coffee beans (billions of pounds) an increase in (per pound) Before entry After entry supply—a rise in the quantity supplied at $2. 00 11. 6 13. 9 any given price. 1. 75 11. 5 13. 8 This event is 1. 50 11. 2 13. 4 represented by the 1. 25 10. 7 12. 8 two supply schedules—one 1. 00 10. 0 12. 0 showing supply before 0. 75 9. 1 10. 9 Vietnam’s entry, the 0. 50 8. 0 9. 6 other showing supply after Vietnam came in. 16 of 42 An Increase in Supply Price of coffee beans (per pound) S $2. 0 1 S 2 Vietnam enters coffee bean business ? more coffee producers 1. 75 1. 50 1. 25 1. 00 0. 75 0. 50 0 7 A movement along the supply curve†¦ †¦ is not the same thing as a shift of the supply curve 9 11 13 15 17 Quantity of coffee beans (billions of pounds) A shift of the supply curve is a change in the quantity supplied of a good at any given pric e. 17 of 42 Movement Along the Supply Curve Price of coffee beans (per pound) $2. 00 1. 75 1. 50 1. 25 1. 00 0. 75 0. 50 0 7 10 11. 2 12 A C †¦ is not the same thing as a shift of the supply curve 15 17 A movement along the supply curve†¦ S 1 S 2 B Quantity of coffee beans (billions of pounds) A movement along the supply curve is a change in the quantity supplied of a good that is the result of a change in that good’s price. 18 of 42 Shifts of the Supply Curve Price S 3 S 1 S 2 Increase in supply Any â€Å"increase in â€Å"decrease in supply† means a leftward shift of the rightward shift of the supply curve: at any given price, there is an a decrease in the increase in the quantity supplied. (S1? S2) S3) Decrease in supply Quantity 19 of 42 What Causes a Supply Curve to Shift? ? ? ? ? ? Changes in input prices ? An input is a good that is used to produce another good. Changes in the prices of related goods and services Changes in technology Changes in expectations Changes in the number of producers 20 of 42 Individual Supply Curve and the Market Supply Curve The market supply curve is the horizontal sum of the individual supply curves of all firms in that market. (a) Price of coffee beans (per pound) (b) Price of coffee beans (per pound) (c) Market Supply Curve Price of coffee beans (per pound) Mr. Figueroa’s Individual Supply Curve SFigueroa Mr. Bien Pho’s Individual Supply Curve S Pho Bien $2 $2 $2 S Market 1 1 1 0 1 2 3 0 1 2 Quantity of coffee beans (pounds) 0 1 2 3 4 5 Quantity of coffee beans (pounds) Quantity of coffee beans (pounds) 21 of 42 Supply, Demand and Equilibrium ? Equilibrium in a competitive market: when the quantity demanded of a good equals the quantity supplied of that good. The price at which this takes place is the equilibrium price (a. k. a. market-clearing price): ? ? Every buyer finds a seller and vice versa. The quantity of the good bought and sold at that price is the equilibrium quantity. ? 22 of 42 Market Equilibrium Price of coffee beans (per pound) Supply 2. 00 1. 75 1. 50 1. 25 Market equilibrium occurs at point E, where the supply curve and the demand curve intersect. Equilibrium price 1. 00 0. 75 E Equilibrium 0. 50 0 7 10 Equilibrium quantity 13 Demand 15 17 Quantity of coffee beans (billions of pounds) 23 of 42 Surplus Price of coffee beans (per pound) Supply $2. 00 1. 75 Surplus 1. 50 1. 25 1. 00 0. 75 E There is a surplus of a good when the quantity supplied exceeds the quantity demanded. Surpluses occur when the price is above its equilibrium level. 0. 50 0 7 8. 1 10 11. 2 13 Demand 15 17 Quantity of coffee beans (billions of pounds) Quantity demanded Quantity supplied 24 of 42 Shortage Price of coffee beans (per pound) $2. 00 1. 75 Supply 1. 50 1. 25 There is a shortage of a good when the quantity demanded exceeds the quantity supplied. Shortages occur when the price is below its equilibrium level. 1. 00 0. 75 E 0. 50 0 7 9. 1 Shortage Demand 13 15 17 Quantity of coffee beans (billions of pounds) 10 11. 5 Quantity supplied Quantity demanded 25 of 42 >ECONOMICS IN ACTION The Price of Admission: †¢ Compare the box office price for a recent Justin Timberlake concert in Miami, Florida, to the StubHub. com price for seats in the same location: $88. 0 versus $155. †¢ Why is there such a big difference in prices? For major events, buying tickets from the box office means waiting in very long lines. Ticket buyers who use Internet resellers have decided that the opportunity cost of their time is too high to spend waiting in line. For those major events with online box offices selling tickets at face value, tick ets often sell out within minutes. †¢ In this case, some people who want to go to the concert badly but have missed out on the opportunity to buy cheaper tickets from the online box office are willing to pay the higher Internet reseller price. 6 of 42 Equilibrium and Shifts of the Demand Curve Price of coffee beans An increase in demand†¦ Supply E P 2 2 Price rises E P 1 1 †¦ leads to a movement along the supply curve due to a higher equilibrium price and higher equilibrium quantity D 2 D 1 Q 1 Q 2 Quantity of coffee beans Quantity rises 27 of 42 Equilibrium and Shifts of the Supply Curve Price of coffee beans S 2 S 1 A decrease in supply†¦ P Price rises E 2 2 †¦ leads to a movement along the demand curve due to a higher equilibrium price and lower equilibrium quantity P 1 E1 Demand Q 2 Q 1 Quantity of coffee beans Quantity falls 28 of 42 Technology Shifts of the Supply Curve Price An increase in supply †¦ S1 S2 †¦ leads to a movement along the demand curve to a lower equilibrium price and higher equilibrium quantity. E1 Price falls P1 P2 E2 Technological innovation: In the early 1970s, engineers learned how to put microscopic electronic components onto a silicon chip; progress in the technique has allowed ever more components to be put on each chip. Demand Q 1 Q 2 Quantity Quantity increases 29 of 42 Simultaneous Shifts of Supply and Demand (a) One possible outcome: Price Rises, Quantity Rises Price of coffee Small decrease in supply S 2 S 1 E P 2 2 The opposing forces Two increase in demand dominates the determining the decrease in supply. equilibrium quantity. E P 1 1 D D 1 Large increase in demand Q 1 Q2 2 Quantity of coffee 30 of 42 Simultaneous Shifts of Supply and Demand (b) Another Possibility Outcome: Price Rises, Quantity Falls Price of coffee Large decrease in supply S 2 S 1 E P 2 2 Two opposing forces determining the equilibrium quantity. E P 1 1 Small increase in demand D D 2 1 Q 2 Q 1 Quantity of coffee 31 of 42 Simultaneous Shifts of Supply and Demand We can make the following predictions about the outcome when the supply and demand curves shift simultaneously: Simultaneous Shifts of Supply and Demand Demand Increases Demand Decreases Supply Increases Supply Decreases Price: ambiguous Quantity: up Price: up Quantity: ambiguous Price: down Price: ambiguous Quantity: ambiguous Quantity: down 32 of 42 FOR INQUIRING MINDS Your Turn on the Runway: An Exercise of Supply, Demand and Supermodels ? The ease of transmitting photos over the Internet and the relatively low cost of international travel ? beautiful young women from all over the world, eagerly trying to make it as models = influx of aspiring models from around the world In addition the tastes of many of those who hire models have changed ? hey prefer celebrities What happened to the equilibrium price of a young (not a celebrity) fashion model? Use your supply and demand curves to determine the salaries of â€Å"America’s Next Best Models†Ã¢â‚¬ ¦ 33 of 42 ? ? FOR INQUIRING MINDS Another Example: Supply, Demand and Controlled Substances Price S2 S1 E2 P2 Price rises P1 E1 Howe ver, we can see The equilibrium by comparing the price has risen from original equilibrium E1 P1 to P2, and this with â€Å"war on The the new drugs† induces suppliers to equilibrium E2 that the provide drugs shifts the supply actual reduction in the despite the left. curve tothe risks. uantity of drugs supplied is much smaller than the shift of the supply curve. Demand Q2 Q1 Quantity Quantity falls 34 of 42 >ECONOMICS IN ACTION The Great Tortilla Crises: †¢ A sharp rise in the price of tortillas, a staple food of Mexico’s poor, which had gone from 25 cents a pound to between 35 and 45 cents a pound in just a few months in early 2007. Why were tortilla prices soaring? †¢ It was a classic example of what happens to equilibrium prices when supply falls. Tortillas are made from corn; much of Mexico’s corn is imported from the United States, with the price of corn in both countries basically set in the U. S. corn market. And U. S. corn prices were rising rapidly thanks to surging demand in a new market: the market for ethanol. 35 of 42 Demand and Supply Shifts at Work in the Global Economy ? A recent drought in Australia reduced the amount of grass on which Australian dairy cows could feed, thus limiting the amount of milk these cows produced for export. At the same time, a new tax levied by the government of Argentina raised the price of the milk the country exported, thereby decreasing Argentine milk sales worldwide. These two developments produced a supply shortage in the world market, which dairy farmers in Europe couldn’t fill because of strict production quotas set by the European Union. ? ? 36 of 42 Demand and Supply Shifts at Work in the Global Economy ? In China, meanwhile, demand for milk and milk products increased, as rising income levels drove higher per-capita consumption. All these occurrences resulted in a strong upward pressure on the price of milk everywhere in 2007. ? 37 of 42 SUMMARY 1. The supply and demand model illustrates how a competitive market works. 2. The demand schedule shows the quantity demanded at each price and is represented graphically by a demand curve. The law of demand says that demand curves slope downward. 3. A movement along the demand curve occurs when a price change leads to a change in the quantity demanded. When economists talk of increasing or decreasing demand, they mean shifts of the demand curve—a change in the quantity demanded at any given price. 38 of 42 SUMMARY 4. There are five main factors that shift the demand curve: †¢ A change in the prices of related goods or services †¢ A change in income †¢ A hange in tastes †¢ A change in expectations †¢ A change in the number of consumers 5. The market demand curve for a good or service is the horizontal sum of the individual demand curves of all consumers in the market. 6. The supply schedule shows the quantity supplied at each price and is represented graphically by a supply curve. Supply curves usually slope upward. 39 of 42 SUM MARY 7. A movement along the supply curve occurs when a price change leads to a change in the quantity supplied. When economists talk of increasing or decreasing supply, they mean shifts of the supply curve—a change in the quantity supplied at any given price. 8. There are five main factors that shift the supply curve: †¢ A change in input prices †¢ A change in the prices of related goods and services †¢ A change in technology †¢ A change in expectations †¢ A change in the number of producers 9. The market supply curve for a good or service is the horizontal sum of the individual supply curves of all producers in the market. 40 of 42 SUMMARY 10. The supply and demand model is based on the principle that the price in a market moves to its equilibrium price, or market-clearing price, the price at which the quantity demanded is equal to the quantity supplied. This quantity is the equilibrium quantity. When the price is above its market-clearing level, there is a surplus that pushes the price down. When the price is below its market-clearing level, there is a shortage that pushes the price up. 11. An increase in demand increases both the equilibrium price and the equilibrium quantity; a decrease in demand has the opposite effect. An increase in supply reduces the equilibrium price and increases the equilibrium quantity; a decrease in supply has the opposite effect. 12. Shifts of the demand curve and the supply curve can happen simultaneously. 41 of 42 The End of Chapter 3 Coming attraction Chapter 4: The Market Strikes Back 42 of 42

mafia violence essays

mafia violence essays 1. From developing the family tree of the three generations I learned a lot about them. My parents were the source of this information about the three generations. I didnt really know much about them. Based on my gathered information from my parents I think that my information is accurate. The reason why I didnt ask my other relatives is because they live abroad and also because I dont get along with some of my relatives. I was really satisfied with the results that I got from my parents. 2. From my dads side I found out that my grandfather had high blood pressure that resulted in sudden heart attack. I also found out that my grandmother was diagnosed with high blood pressure, Diabetes, and also Breast Cancer. From my moms side her dad had high blood pressure and also Gout. My moms mom also has diabetes and high blood pressure. From looking at all these illnesses I see high blood pressure in my 3. The health condition that most likely to show up in the family is due to air pollution. Its because the environment where my family used to live in. India is a really populated and also polluted country where it is a great risk to the population to inherit the polluted gases which causes air pollution. So asthma is one of the main illness in my 4. I know that high blood pressure is the main illness in my family. The specific health change that I want to make in my family is the blood pressure. I will do it by cutting down on salt and fatty foods like Ghee. I want my family to cut down on the consumption of high cholesterol foods. 5. This assignment made me learn more about my family background and the health risks that evolve around my family. I also learned a lot about how I can make changes in my family because my family has a history of high blood pressure and diabetes. ...

William Rehnquist, Supreme Court Chief Justice

William Rehnquist, Supreme Court Chief Justice President Richard M. Nixon appointed William Rehnquist to the U.S. Supreme Court in 1971. Fifteen years later President Ronald Reagan named him as the court’s Chief Justice, a position that he held until his death in 2005. During the last eleven years of his term on the Court, there was not a single change in the roster of nine justices. Early Life and Career Born in Milwaukee, Wisconsin on October 1, 1924, his parents named him William Donald. He would later change his middle name to Hubbs, a family name after a numerologist informed Rehnquist’s mother that he would be more successful with the middle initial of H.   Rehnquist attended Kenyon College in Gambier, Ohio for one quarter before joining the U.S. Air Force during World War II. Although he served from 1943 to 1946, Rehnquist did not see any combat. He was assigned to a meteorology program and was stationed for a time in North Africa as a weather observer. After being discharged from the Air Force, Rehnquist attended Stanford University where he received both a bachelors and a masters degree in political science. Rehnquist then went to Harvard University where he received a masters in government before attending Stanford Law School where he graduated first in his class in 1952 while Sandra Day OConnor graduated third in that same class. Upon graduation from law school, Rehnquist spent a year working for U.S. Supreme Court Justice Robert H. Jackson as one of his law clerks.   As a law clerk, Rehnquist authored a very controversial memo defending the Court’s decision in Plessy v. Ferguson. Plessy was opinion as a landmark case that was decided in 1896 and upheld the constitutionality of laws passed by states that required racial segregation in public facilities under the separate but equal doctrine. This memo advised Justice Jackson to uphold Plessy in deciding Brown v. Board of Education in which a unanimous court ended up overturning Plessy.   From Private Practice to the Supreme Court Rehnquist spent 1953 to 1968 working in private practice in Phoenix before returning to Washington, D.C. in 1968 where he worked as an assistant attorney general for the Office of Legal Counsel until President Nixon appointed him as an associate Supreme Court justice. While Nixon was impressed with Rehnquist’ support for debatable procedures such as pretrial detention and wiretapping, but civil rights leaders, as well as some Senators, were not impressed due to the Plessy memo that Rehnquist had written some nineteen years earlier. During confirmation hearings, Rehnquist was grilled about the memo to which he responded that the memo accurately reflected Justice Jacksons views at the time it was written and was not pensive of his own views. Although some believed him to be a right-wing fanatic, Rehnquist was easily confirmed by the Senate. Rehnquist quickly showed the conservative nature of his views when joined Justice Byron White as being the only two who dissented from the 1973 Roe v. Wade decision. In addition, Rehnquist also voted against school desegregation. He voted in favor of school prayer, capital punishment, and states rights. Upon Chief Justice Warren Burger retirement in 1986, the Senate confirmed his appointment to replace Burger by a 65 to 33 vote. President Reagan nominated Antonin Scalia to fill vacant associate justice seat. By 1989, President Reagan’s appointments had created a new right majority which allowed the Rehnquist-led Court to release a number of conservative rulings on issues like capital punishment, affirmative action, and abortion. Also, Rehnquist led wrote the 1995 opinion in the United States v. Lopez case, in which 5 to 4 majority struck down as unconstitutional a federal act which made it illegal to carry a gun in a school zone. Rehnquist served as the presiding judge in President Bill Clinton’s impeachment trial. Further, Rehnquist supported the Supreme Court decision, Bush v. Gore, which ended attempts to recount Florida votes in the 2000 presidential election.  On the other hand, although the Rehnquist Court had the opportunity, it declined to overrule the libera l decisions of Roe v. Wade and Miranda v. Arizona.

The treatment of vertical agreements in EC competition law has changed Essay - 1

The treatment of vertical agreements in EC competition law has changed significantly during the last ten years - Essay Example n years, it is necessary to explain of Article 81 EC, the requirements for the exemption under Article 81(3) and under Commission Regulation 2790/99 on vertical restraints and considering old regulations and relevant case law1. Article 81 regulates anti-competitive behaviour in a wide range of scenarios and has been applied with reference to what the EU is trying to achieve: a level playing field2 for competition within an internal market. The aim of achieving market integration between the Member States is apparent in many rulings of the Commission and European courts. Article 81(1) provides that â€Å"all agreements between undertakings, decisions by associations of undertakings and concerted practices and which may affect trade between Member States and which have as their object or effect the prevention, restriction or distortion of competition within the common market shall be prohibited. In Article 81(3) the conditions for exemption from Article 81(1) are laid down. The way in which the ECJ has interpreted these concepts and requirements will be examined in the following subsection. According to the (C-41/90 Hofner and Elser3), the meaning of undertakings is ‘The concept of undertaking encompasses every entity engaged in an economic activity regardless of the legal status of the entity and the way in which it is financed’. This means that any entity carrying on a commercial or economic activity (company, partnership, sole trader, co-operative) is subject to the competition rules, including individual professionals, non-profit- making services, public utilities, and even public authorities when they are acting commercially, but not when exercising their official authority [Case 30/87 Corinne Bodson v Pompes Funà ¨bres des Regions Libà ©rà ©es4]. Under Article 81, there is first a finding of infringement under Article 81(1). The weighing of the pro- and anti-competitive effects of an agreement only takes place under Article 81(3) which allows exemption for

Research-Technology in Action Paper Research Example | Topics and Well Written Essays - 3000 words

-Technology in Action - Research Paper Example This concept has made the ever prevalent barriers created by the national and international boundaries become of a relatively smaller relevance and made the world appear like a global village (Beenhakker, 2001). It is driven mostly by the financial flows and trade, information technology, mass media and entertainment. Human factors including cultural exchanges, international tourism and migration have also contributed to globalization to a significant extent. This process with the integration with both communication and information technology has made people co-exist very closely together and has changed people’s lives in regard to how they think and in the other aspects of their lives. As a concept, globalization was thought to have begun after World War II, and has been speeded over the years. It has had many impacts, both positively and negatively, on lives of people, the environment, national governments, cultures and economic development in countries all over the world. Considering the role of information technology in globalization issues, it can be considered as a driving force within the current global economy. The internet and the computer-based technologies have made a vital impact in the area of communication and information technologies. Easy access to such technologies has also increased internet usages and made internet information to spread more. The World Wide Web, www, in particular being a collection of varied documents accessible over the internet, is responsible for easy and reliable access of information by people across the globe (Beenhakker, 2001). The internet too has enabled both people and countries to contact each other constantly, creating an instant connection between them. The communication advancement has been made possible through the use of such items as video calls, emails and chat programs. In addition to the internet and the cyberspace, there   has also been the existence of the global media networks that have

Social Identity Theory Essay Example for Free

Social Identity Theory Essay Summarise two theories of identity and compare their usefulness for explaining the real world issues discussed in chapter 1, Identities and diversity. The study of identity is primarily the study of who we are and who we are not in comparison to other people, what makes individuals and groups of individuals unique from each other is a very controversial issue. This essay will look at two theories that aim to address this issue, namely, the Psychosocial theory and the Social Identity Theory (SIT). Whilst examining these two theories this essay will also look at their relevance to some every day issues. The view of Psychosocial theorists is one that identity is produced simultaneously by both personal and social factors. Psychoanalyst Erik Erikson was the first theorist to view identity this way, for Erikson identity consisted of a conscious sense of individual uniqueness, an unconscious striving for continuity and a solidarity with a groups ideas (Erikson cited in Phoenix, 2007, p.53). He believed that a solid understanding of who we are, how we fit in to and are viewed by society forms a core identity, which in turn will create a sense of continuity. Erikson lived through two world wars during which many people feared for their lives. This heightened sense of mortality led to identity confusion. Hence Erikson believed that identity crisis was prevalent at this time. Identity crisis for Erikson was a certain period of time when some young people could not create a solid Ego Identity (a clear understanding of oneself) and were confused and unable to commit to a certain path, the form that this crisis took would be socially and historically variable. This lack of a solid Ego identity Erikson termed as role diffusion. Erikson believed that identity was an ongoing lifelong process through eight different progressive stages ranging from birth to late adulthood, each stage encapsulated many times of crisis and conflict which he saw as normative crisis and essential to the development of identity. Although he saw the period of adolescence as the most important stage, with the majority of adolescents achieving a solid Ego identity after a socially accepted period of trials, trying out various social roles in order to find their ideal path. It was abnormal to be normal during adolescence (Freud cited in Phoenix, 2007, p.56) Erikson calls this period a Psychosocial Moratorium. During this period of Psychosocial Moratorium Erikson viewed the solidarity of adolescents with groups and their ideas as important to identity, as young people struggle to find a niche in society they can often over identify with various groups. Within these groups the feelings against other groups ( outsiders ) can often become cruel or even violent if there is any threat to their sense of identity. This identity battle between groups is addressed by the Social Identity Theory (SIT) which was developed by Psychologist Henri Tajfel. Unlike the work of Erikson, Tajfel concentrated more on the social than individual process of identity development. He considered the development of individual and group identity as being separate processes. Tajfel was a Jewish holocaust survivor, his experiences with the Nazi regime was the driving force of his studies, he wanted to know what it was that led to prejudice between different groups. Tajfel mainly focused his studies on trying to identify the minimum requirements needed in order to form group identities, which he did by studying the intergroup relations between minimal groups. These minimal groups were a number of individuals with nothing really in common with each other, apart from the fact that they were categorized as being in the same group (ingroup), they also had no reason to oppose any individual or group outside their defined group (outgroup). Tajfel found that the simple fact of being categorized within a group was enough to cause prejudice against another group. It is the subjective feeling of belonging to a group which is important in SIT rather than membership as defined by outsiders or simply sharing some characteristics with other group members (Turner cited in Phoenix, 2007, p.63). The SIT theory suggests that the status of an individuals group identity can directly affect a persons individual identity, and that the need to belong to a high status group is paramount to a sense of high self esteem. Therefore groups are continuously striving to be dominant and superior, in doing so dominant groups will often inflict prejudice and discrimination against inferior groups as a means to increase their members self esteem. likewise individuals of inferior groups will strive to increase their self esteem by attempting to increase their status by means of social mobility ( move to a higher status group). Some groups will often try to affect social change in order to improve their social status by means of social creativity,(redefining their social status in a more positive way) or social competition, ( revolutions and civil wars). Both the Psychosocial and SIT theories of identity are relevant in different ways when considering real life issues, one of which being the embodied identities of people with physical disabilities. Embodiment is a factor in both theories, SIT considers embodiment (of physically impaired people) as a category for discrimination whilst the Psychosocial theory is concerned with the continuity of ones body to function as an issue of identity. People becoming physically impaired later in life will have a heightened sense of identity, this can be explained by both theories. Psychosocial theorists would see this as a break in the continuity which is central to this theory leading to an identity crisis, whilst in the context of SIT the change in social status by being categorised in a minority group would be the explanation. In summarising the theories of Erikson and Tajfel it can be clearly seen that both approached the complexity of identity in very different ways, both drawing from their own life experiences as a focus for their studies. Although they both draw different conclusions each theory has some relevance to the identity of physically impaired people, this reinforces the view that there is no single answer to the question of identity. References Phoenix, A. (2007) Identities and Diversities, in Miell, D. and Thomas, K. (eds) Mapping Psychology, Milton Keynes, The Open University. Part 2 The aim of the study is to research the importance of work for identity. The researchers propose to recruit participants by putting a poster in a job centre inviting unemployed people to volunteer to be interviewed about their employment history. People who express interest will be given a date and time for an interview and asked to sign a consent form. They will be offered a small payment (Â £5) for completing the interview. When they attend the interview, they will be told that the interview will be video-recorded and later transcribed (i.e. the questions and answers written down) for the researchers to analyse. They will be promised confidentiality. The ethics committee does not grant approval, for several reasons. One is that in the proposed study the researchers do not adequately obtain the informed consent of the participants, as required by the British Psychological Society. 1. Explain the problems with the proposed study concerning informed consent. (150 words) Informed consent was not adequately obtained as it was not clearly stated as to why the research was being done nor was it made clear as to how the interview would be structured (use of a video tape, questionnaire, etc) It was not made completely clear as to how the data will be used and for what purpose. There was also no explanation of the fact that after the interview had been transcribed, further consent would be needed before it could be used. 2. Explain three of the other ethical problems raised by the proposed study. (200 words) a. There was no mention of the participants right to withdraw at any time which should be done at the point of first contact. It should also be explained that if they did decide to withdraw during the interview that the payment they received would not be withdrawn. This was not made clear and the statement could easily be read as if there will be no payment unless the interview was completed. b. Participants should not be promised confidentiality as a number of people would probably see the data given in order to analyse it. Instead they should have been promised anonymity whereby not only their name will be removed but any clues to their identity too. If this is not possible then consent would be needed for disclosure. c. It should have been made clear that before signing a consent form participants would be given the choice as to what questions they wish to answer and given the option to refuse to answer any questions they were uncomfortable with. 3. Suggest a possible improvement to the study and explain the ethical problem(s) this would address. (150 words) The participants could have been informed that they can view the data collected at the end of the interview and that they have the opportunity then to withdraw any information they were unhappy or uncomfortable about making public. This would help to uphold the dignity of the participant, in case in hindsight they had revealed something about themselves that they wanted to keep private.

A Comparison of Charles Dickens and Jane Austen Essay -- English Liter

A Comparison of Charles Dickens and Jane Austen ADVANCED ENGLISH LANGUAGE ESSAY Of the many authors to emerge during the nineteenth-century, Charles Dickens and Jane Austen were among the few who would make a lasting impression on the literary world for generations. Hard Times, often referred to as Dickens’ ‘Industrial novel’ and Austen’s Pride and Prejudice have been much read and well-loved classics for many years. It is the purpose of this essay to compare and contrast the different worlds depicted in both Hard Times and Pride and Prejudice. It will also look at the literary development between the early and late nineteenth-century. The essay will end with the examination of the stylistic characteristics of each author. In the world depicted in Hard Times, workers are treated as little more than interchangeable parts in the factory's machinery, given just enough wages to keep them alive and just enough rest to make it possible for them to stand in front of their machines the next day. The town in which the story is set is called Coketown, taking its name from the ‘Coke’, or treated coal, powering the factories and blackening the town's skies. It is a large fictional industrial community in the north of England during the mid-nineteenth century. In Chapter 5 of the novel, Dickens describes the town as having buildings and streets that looked the same with red brick but were forever masked with smoke. The reader is told that the town looked like the ‘painted face of a savage’ and ‘serpents of smoke’ trailed out of its factories. It is easy to imagine the sunshine struggling to break through the thick smoke. The lives of the workers were monotonous and hard as they lived in ‘a town so sacred to ... ...ast, Miss Austen’s very finely written novel of Pride and Prejudice. That young lady had a talent for describing the involvements and feelings and characters of ordinary life, which is to me the most wonderful I ever met with.’ (Watt, 1963). BIBLIOGRAPHY Allen, W. (1954) The English Novel, Dutton, New York Allen, W. (1960) The English Novel, Pelican, London Bygrave, S. ed. (1996) Approaching Literature: Romantic Writings, The Open University Gray, M. and Gray, L. (2001) York Notes Advanced: Pride and Prejudice, Jane Austen, York Press, London Page, N. (1985) Macmillan Master Guides: Hard Times by Charles Dickens, Macmillan Education Ltd, London ("Romanticism (literature)," Microsoft ® Encarta ® 98 Encyclopedia.  © 1993-1997 Microsoft Corporation.) Watt, I. Ed. (1963) Jane Austen: A Collection of Critical Essays, Prentice-Hall Inc, USA A Comparison of Charles Dickens and Jane Austen Essay -- English Liter A Comparison of Charles Dickens and Jane Austen ADVANCED ENGLISH LANGUAGE ESSAY Of the many authors to emerge during the nineteenth-century, Charles Dickens and Jane Austen were among the few who would make a lasting impression on the literary world for generations. Hard Times, often referred to as Dickens’ ‘Industrial novel’ and Austen’s Pride and Prejudice have been much read and well-loved classics for many years. It is the purpose of this essay to compare and contrast the different worlds depicted in both Hard Times and Pride and Prejudice. It will also look at the literary development between the early and late nineteenth-century. The essay will end with the examination of the stylistic characteristics of each author. In the world depicted in Hard Times, workers are treated as little more than interchangeable parts in the factory's machinery, given just enough wages to keep them alive and just enough rest to make it possible for them to stand in front of their machines the next day. The town in which the story is set is called Coketown, taking its name from the ‘Coke’, or treated coal, powering the factories and blackening the town's skies. It is a large fictional industrial community in the north of England during the mid-nineteenth century. In Chapter 5 of the novel, Dickens describes the town as having buildings and streets that looked the same with red brick but were forever masked with smoke. The reader is told that the town looked like the ‘painted face of a savage’ and ‘serpents of smoke’ trailed out of its factories. It is easy to imagine the sunshine struggling to break through the thick smoke. The lives of the workers were monotonous and hard as they lived in ‘a town so sacred to ... ...ast, Miss Austen’s very finely written novel of Pride and Prejudice. That young lady had a talent for describing the involvements and feelings and characters of ordinary life, which is to me the most wonderful I ever met with.’ (Watt, 1963). BIBLIOGRAPHY Allen, W. (1954) The English Novel, Dutton, New York Allen, W. (1960) The English Novel, Pelican, London Bygrave, S. ed. (1996) Approaching Literature: Romantic Writings, The Open University Gray, M. and Gray, L. (2001) York Notes Advanced: Pride and Prejudice, Jane Austen, York Press, London Page, N. (1985) Macmillan Master Guides: Hard Times by Charles Dickens, Macmillan Education Ltd, London ("Romanticism (literature)," Microsoft ® Encarta ® 98 Encyclopedia.  © 1993-1997 Microsoft Corporation.) Watt, I. Ed. (1963) Jane Austen: A Collection of Critical Essays, Prentice-Hall Inc, USA

Heat of the Day By Elizabeth Bowen Essay

â€Å"Heat of the Day† by Elizabeth Bowen is the reflection of the complexities in the relationships across the generations, in love and war, set at the backdrop of 1942 World War. The story is about a life of Londoners and the traumatic experience they had to undergo when the city was being bombarded during war. â€Å"The Heat of the Day† sees the city being shattered and in this scenario of devastation, how the people try to make the sense of their lives? â€Å"The Heat of the Day† follows with same intensity the flow of the wartime stories written by Bowen in 1945. The story is though about warfare yet there is very little description about the war and that only one instance of the air raid, which happens close to the end of novel. The description of impressions of war and the London has been explicitly referred through the voice of characters with the reality transformed through visionary approach of the city. As described by Neil Corcoran, â€Å"The ‘Heat of the Day’ is a novel in which the panic of possibly losing identity, and of others deceiving you about their identities, operates not only as an agency of plot but as the very texture of style.† (Corcoran, 169) Within the context of the centrally located story is woven several others stories told by protagonists to one another with the purpose to retain their identity which they themselves had found in peril. Stella herself tells false story about her marriage to Roderick, as she wants him to believe that his father Victor was the abandoned party rather than she herself. She does so partly to increase the image of his dead father in the eyes of Roderick and secondly to make herself appear as a femme fatale instead of being a victim. The impression of the war scene can very well be seen in one of the scenes where Harrison is standing in the street and the flames appearing from the distance are helping him to read Stella’s address mentioned on the envelop. The depiction of the fire has been made through the use of image chandelier: â€Å"the Chandelier flare makes the street like a mirrored drawing-room† (Bowen, 315). Inside the flat when the two characters are involved in the conversations, the sounds of guns can be heard seeming to be welcomed, as they made Stella to remain quite. â€Å"The guns rested her by opening up once more† and soon they faded, â€Å"The guns, made fools of, died out again, askance† (Bowen, 319). The importance of war seems to be considered very less with Stella and Harrison being hardly aware of any danger. The language has been used in a very poetic way giving a vivid, lucid and a very realistic touch to the nature and the objects surrounding the characters. Bowen penetrates into the physical objects and events manifesting in the human behaviors and their dreams and missions. With great subtlety, complexity and force, she is able to make characters come alive making them have real experience of the terrific upheavals of the warfare. Her prose is beautifully contrived to give meaning and depth to life experiences of the characters, which continues to follow us after the last page has been read and has been placed down. At many occasions, the scenes are shifted from war torn London to the peace and tranquility of the countryside. The difference is clearly seen between the country life in England around the Victorian hulk and in the neutral Ireland. While reading it, we are made to remember about the blackouts, characters forgetting the names of the places during their train journey, continuous alike confusions between the friend and foe, and the direction to which war is taking in the passing years. Amidst this scenario lies the gripping version of the story of woman and the way she comes to term and understanding of the intolerable situations. In the first chapter itself, we are introduced to Harrison and his rude behavior towards woman who is trying to have a casual conversation with him. From the second chapter onwards, we are introduced to the heroine and with that her ongoing situation of crises and dilemma she has to undergo and her interaction and influence of Harrison on her. Their relationship with each other cannot be judged very easily but when the scenes are read carefully then only the realization of the base on which they are building their terrible relationship is felt that even before Robert makes his entry. The relationship between Stella and her son Roderick is also very beautifully carved while he takes over the Irish inheritance. On the other hand Robert’s mother and sister are both very confusing personalities making fuss all the time on whom Stella would never be able to leave good impression according to Robert. All the characters are very wonderfully drawn. There is also a scene where two women are sharing one apartment at the same time enjoying each other’s company and exchanging own tales of woes to each other. They contribute their bit in easing tension of the main protagonists. Amidst all the surviving lives of the protagonists, tensions ensue, as it becomes known that Robert is giving his support to the opponents. His disillusionment with Dunkirk induces him to adopt the title of a traitor. Climactic is the reason given by Robert for this decision of his, and on the other hand wants to enlighten himself with the most meaningful future by the war ends. In the last chapter, we are introduced to Louie who is artless girl at the Bandstand. She is a widow as her husband succumbs to the vagaries of the war. She with her child now would like to spend rest of her life at the devastated seaside where she had spent all her life as a child. An essence of the reality being transferred can be felt by the way characters have been visualizing many places in the city. All through the novel, Bowen has made special reference to the seasons, time and the lucid description of light. This aspect shows her creative spree in impressionistic technique. How the way Stella is mystified can very well be seen in the following scene: The two stations also, in Stella’s mind, became epitomes of the two most poignant seasons — in spring, in autumn everything telegraphs its mystery to your senses; nothing is trite. And more: in these years the idea of war made you see any peaceful scene as it were through glass (Bowen, 104). This passage is a manifestation of the transfer of reality in the form of metaphor. With the help of the impressions and metaphors, Bowen gives vivid description of the city London after the bombardment. The whole city is broken with almost several of the landmarks lost. As critics said there is great exposure of irony in the fiction retold and the sense of solidity and individualization in characterization increase the credibility of the most sensuous fiction. Bowen has captured London with such a great dexterity and with greatest blitz that even after reading the whole novel, the memories of this wartime London would haunt the readers for a long time.

Bw/Ip International, Inc Case

Valuation of Corporate Finance BUFN 750 BW/IP International, Inc 1? BW/IP is a good candidate for the leverage buyout. * Steady cash flow (around 30 million per year). * Strong management team. * Positive NPV (about 61. 5 million) The NPV of BW/IP is 61. 5million(301-239. 5). Thus, we are quite optimistic about this BW/IP’s project. Calculating the NPV. Method: APV: VL=VU+PV (ITS). We can get the interest paid schedule from the BW/IP’s projected operating performance, which means there is a pre-determined interest paid to debt holders.Assumption: Tax rate: 38%. From 1991 to 1993, the tax rate remains to be constant, which is 38%. And we assume that the tax rate will continue to be 38%. Exhibit 1 shows the process of calculating tax rate: Growth rate:We assume the project will last for infinity, and grow in perpetuity after year 1992. And we use the average annually growth rate from 1990 to 1993 as our perpetuity growth rate, which is 2. 3%. Change in NWC:We subtract cas h from NWC provided in the case and we get the adjusted change in NWC.The calculation is presented in Exhibit 2. Discount rate:Typically, the investment horizon of a common leverage buyout range from 5 to 10 years, so we use the ten years treasury yields, ending at 1987 as the risk free rate, which is 8. 79%. For the market return, we use the S&P 500 index in 1980s, which is 12. 79%. Thus, we can easily get the risk premium. Exhibit 3 shows the process of calculating discount rate. Tax shields:Giving the interest paid schedule, we can figure out the tax shield each year from 1988 to 1993 at the tax rate of 38%.Discount rate: with a pre-determined debt and interest paid, we should use the cost of debt to get the present value of interest tax shield, because the risk of tax shield is moving together with the risk of the loan (debt), instead of the total assets. We assume the corporate borrowing rate is the same with BBB long-term bond, which is the cost of debt, 10. 63%. Thus the pres ent value of tax shield from 1988 to 1993 is 31. 91. We assume perpetual debt from the year 1994, and the same growth rate, which is 2. 3%. Exhibit 4 shows the processing of calculating tax shields.The FCF is presented in Exhibit 5. Sensitivity Analysis for BW/IP is presented in Exhibit 6 2? We favor the proposed acquisition of UCP. The primary sources of value in the transaction include: * Low capital or cash requirement UCP is a small firm, which would require additional borrowing by BW/IP of only 13 million. * Synergy and efficient gains. UCP’s product line complemented BW/IP’s extremely well because UCP’s most attractive feature was its installed base in the petroleum industry and together they would have the largest installed base in the petroleum segment. Improved management Takeover can improve management because interest and principal payments can force management to improve performance and operating efficiency. The proposed price is reasonable, because it is higher than the levered value of the project, which is 48. 17. Method: APV: VL=VU+PV (ITS). Assumption: Tax rate: Tax rate=38%, which is the same as the tax rate for BWIP. Growth rate: We use the average annually growth rate from 1991 to 1993 as ourgrowth rate,which is 6%. Discount rate: We use the ten years treasury yields, ending at 1988 as the risk free rate, which is 9. 4%. Exhibit 7 shows the calculation of Vu Exhibit 8 shows the calculation of PV(ITS) Sensitivity Analysis for UCP/IP is presented in Exhibit 6 3. How do the various features of the BW/IP buyout affect the company’sdecisions about long-horizon opportunities such as the UCP acquisition? What are the advantages and disadvantages of the 1987 buyout, viewed as afinancial program? After the buyout, BW/IP became a privately owned company which was less dependent from Borg-Warner Corporation than before in decision making.For the opportunities that the managers favored, such as the UCP acquisition, the compa ny had more chance to carry on the deal. However, for the case in which larger amount of financing is required, the company may not be competitive enough without Borg-Warner’s financial support. The buyout could generateda better and a more efficient management, by changing the corporate structure (including modifying and replacing executive and management staff, unnecessary company sectors, and excessive expenditures), BW/IP can revitalize itself and earn substantial returns.However, since the 1987 buyout is highly leveraged, the new company has a high debt-to-equity ratio, which means the company needs to achieve required return to pay the cost of debt or faced the chance of bankruptcy. Besides, the leveraged buyout is also considered to be a risky project, which may be easily affected by economics environment. The chance of success tends to be larger under steadily growing economy, while smaller in recession periods. 4. As one of BW/IP’s bankers, would you approve t he company’s request for a waiver of covenants and financing of the UCP acquisition?Yes. A banker will not approve to finance a project unless he has confidence in the profitability of the project and in that he can get his money back. The projected NPV of the UPC deal is 48. 17 million dollars, which is far bigger than the offer 18. 5 million dollars. To analyze this qualitatively, the expected success of the UCP acquisition comes from several aspects. Undeniably, the economic and industrial forecast is against financing a risky project . However, the deal will generate positive synergies since UCP’s product line complemented BW/IP’s extremely well.BW/IP will raise its competence in both original equipment and aftermarket sector domestically as well as internationally after acquiring UPC. Besides, as mentioned in the case, the good credibility of Mr. Valli and his team and that C&D’s principals were experienced and respected in the financial community wi ll affect bankers’ attitude. Exhibit 1: Tax rate | 1987| 1988| 1989| 1990| 1991| 1992| 1993| EBT| -9. 56| -0. 001| 8. 91| 12. 95| 17. 31| 19. 49| 23. 57| Income tax| 2. 8| 0| 0| 3. 61| 6. 58| 7. 41| 8. 96| Tax rate| -29%| 0%| 0%| 28%| 38%| 38%| 38%| Exhibit 2: Change in NWC AR| 58. 68| 53. 1| 51. 69| 55. 08| 59. 11| 63. 6| 67. 91| 72. 54| INV| 58. 5| 58. 39| 60. 72| 64. 66| 69. 57| 75. 46| 80. 29| 85. 53| Other current asset| 3. 91| 3. 49| 4. 42| 4. 7| 4. 99| 5. 31| 5. 64| 5. 99| AP| 15. 78| 18. 12| 19. 73| 20. 94| 22. 32| 23. 78| 25. 19| 26. 69| Other current liabilities| 14. 92| 17. 29| 15. 19| 16. 12| 17. 1| 18. 23| 19. 36| 20. 56| NWC| 90. 39| 79. 57| 81. 91| 87. 38| 94. 25| 102. 32| 109. 29| 116. 81| Change in NWC| | -10. 82| 2. 34| 5. 47| 6. 87| 8. 07| 6. 97| 7. 52| Exhibit 3: Cost of capital Cost of capital| 17. 5%| CAPM| Rf| 8. 79%| Exhibit 7 | ?a| 1| Hint| Market return| 12. 79%| S&P 500 index in 1980s| Risk premium| 4. 00%| |Exhibit 4: Interest tax shield | 1988| 19 89| 1990| 1991| 1992| 1993| Total interest paid| 0. 63| 1. 75| 1. 66| 1. 51| 1. 4| 1. 22| ITS: tax [email  protected]%| 0. 24| 0. 67| 0. 63| 0. 57| 0. 53| 0. 46| Cost of debt 10. 63%| | PV (ITS) 1988-1993| 31. 91| PV (Terminal value)| 37. 1| Total PV (ITS)| 69. 00| Exhibit 5: Free cash flow | 1986| 1987| 1988| 1989| 1990| 1991| 1992| 1993| FCF| | 39. 37| 26. 8| 24. 62| 24. 11| 24. 57| 24. 72| 25. 8| Growth rate| 2. 3%| Terminal Value| 270| VU| 232. 89| PV (ITS)| 69| VL| 301. 89| Exhibit 6: Sensitivity analysis for BW/IP * Buyout| | * NPV| * % change of NPV| * Growth rate| * 0. 00%| * 32. | * -47. 91%| | * 2. 30%| * 62. 39| * 0. 00%| | * 4. 60%| * 109. 5| * 75. 51%| * Discount rate| * 10. 79%| * 81. 5| * 32. 52%| | * 12. 79%| * 61. 5| * 0. 00%| | * 14. 79%| * 44. 5| * -27. 64%| * Cost of debt| * 9. 63%| * 64. 5| * 4. 88%| | * 10. 63%| * 61. 5| * 0. 00%| | * 11. 63%| * 59. 5| * -3. 25%| Exhibit 7:The calculation of Vu | 1988| 1989| 1990| 1991| 1992| 1993| EBIT| -1. 15| 2. 59| 3. 29| 3. 96| 4. 34| 4. 74| Income tax @| -0. 44| 0. 98| 1. 25| 1. 50| 1. 65| 1. 80| NI| -0. 71| 1. 61| 2. 04| 2. 46| 2. 69| 2. 94| FCF| | | | | | | Depreciation| 0. 48| 0. 6| 0. 99| 0. 90| 0. 84| 0. 84| Change in NWC| | | | | | | Change in AR| 1. 13| -0. 15| -0. 22| -0. 20| -0. 13| -0. 14| Change in inventory| -0. 36| 0. 68| -0. 21| -0. 18| -0. 12| -0. 13| Change in other asset| 1. 73| 0. 00| 0. 00| 0. 00| 0. 00| 0. 00| Change in current liability| 0. 27| 0. 18| -0. 01| -0. 35| -0. 04| -0. 04| Change in NWC| 2. 23| 0. 35| -0. 42| -0. 03| -0. 21| -0. 23| Capital expenditure| 0. 18| 1. 20| 0. 40| 0. 40| 0. 40| 0. 40| FCF| -2. 64| 1. 02| 3. 05| 2. 99| 3. 34| 3. 61| Growth rate| | | | -2%| 12%| 8%| Average growth rate| 6%| | | | | | Terminal value| | | | | 53. 15| | FCF| -2. 64| 1. 02| 3. 05| 2. 99| 56. 9| | VU| 40. 28| | | | | | Exhibit 8:The calculation of PV(ITS) | 1988| 1989| 1990| 1991| 1992| 1993| Interest | 0. 63| 1. 75| 1. 66| 1. 51| 1. 40| 1. 22| ITS: tax [email  protected]%| 0. 2 4| 0. 67| 0. 63| 0. 57| 0. 53| 0. 46| Terminal value| 2. 18| | | | 10. 01| | PV (ITS)| 7. 97| | | | | | Exhibit 9: Sensitivity analysis for UCP/IP UCP| | NPV| % Change of NPV| Growth rate:| 0. 00%| 14. 35| -51. 76%| | 6. 00%| 29. 75| 0. 00%| | 12. 00%| 278. 5| 836. 13%| Discount rate:| 10. 79%| 46. 5| 57. 63%| | 12. 79%| 29. 5| 0. 00%| | 14. 79%| 20. 21| -31. 49%| cost of debt:| 9. 63%| 30. 5| 3. 39%| | 10. 63%| 29. 5| 0. 00%| | 11. 63%| 27. 5| -6. 78%|

Free Essays on Angelas Ashes

ANGELA’S ASHES The book Angela’s Ashes by Frank McCourt is a book of inspiration in a way. The whole entire book is depressing but the main character, Frank McCourt, did everything he had to do to survive. He always did what he believed in. There were times when he sinned, but he did what he thought was right. He always stuck up for himself, and it paid off at in long run. The story takes place in Ireland. His father, Malachy, was an alcoholic looking for a job. He always did try hard to get a job but couldn’t, and when it came to the family’s little money that they had, he would spend it all on booze. This made me upset to see the McCourt family struggling to survive and see the father spend all of their money to get drunk. Frank had a little brother also named Malachy along with twins that both die at a very young age early on in the story. Frank was surrounded by death all of the time. It seemed like every time he got close to someone they would end up dying. Frank and his family were very strong Catholics. They live in horrible conditions, it makes me thankful for everything that I have. Frank and his brother Malachy were picked on constantly at school for their appearance. Frank always stuck up for himself and his brother, it was sad to read about this. One of the only times I felt that Frank enjoyed himself was when he snuck into the movie theatre. Frank was a very smart kid who loved to read, the library even let him stay after it closed to let him read. This was the only time in the book that people were nice to him and showed him some respect. The story got even more depressing when the father goes to England for work and the children have to start providing for the family. They do and the father sends no money and eventually comes home with no money because he of course drank it away. This is when Frank decides to save up his money and buy a boat ticket to America. It was good to see that Frank didn’t want ... Free Essays on Angela's Ashes Free Essays on Angela's Ashes Chapeter 1: Angela’s Ashes begins with Frank McCourt, the author and main character, explaining his family’s roots. You learn that he is dirt poor and his dad moves from Ireland to New York and back again because of prohibition. The father, whose name is Malachy, is disgusting alcoholic who seems to drink to escape the reality that he and his family is living in. You also find out that Frank’s mother, Angela, had the responsibility of taking care of all of the children in the house. He has a brother whose name is also Malachy and a pair of twins. Chapter 2: Once they return home to Ireland, they had no place to go so they moved in with some relatives. It was very upsetting to see the living conditions in which they were experiencing. Not only did all of them have to share a bed, but it was also flea ridden. Then, he went into the St. Vincent de Paul Society story and how they have to reject children from boots. It was really an eye opener when you read a story like this and then realize that these people do not know where their next meal is going to be. It makes you see how lucky we really are. The happiest part of the chapter was when the society gave Angela some money for food. As the chapter goes on you see that one of the twins, Oliver, dies. That part was difficult. Then Frank explains how they had to beg on the street for coal. Just when you think that things can not get any worse, they do. The other twin goes through depression and dies. Chapter 3: In chapter three, the McCourt family moves to another area named Roden Lane. They have no furniture but the Society provides them with some. Once again another thing that opened my eyes was they lived right next to the town bathroom and if that’s not bad enough, nobody cleans it. Christmas time rolls around and all the family can get is a pig’s head from begging. Maybe if the dad would stop drinking th... Free Essays on Angela's Ashes ANGELA’S ASHES The book Angela’s Ashes by Frank McCourt is a book of inspiration in a way. The whole entire book is depressing but the main character, Frank McCourt, did everything he had to do to survive. He always did what he believed in. There were times when he sinned, but he did what he thought was right. He always stuck up for himself, and it paid off at in long run. The story takes place in Ireland. His father, Malachy, was an alcoholic looking for a job. He always did try hard to get a job but couldn’t, and when it came to the family’s little money that they had, he would spend it all on booze. This made me upset to see the McCourt family struggling to survive and see the father spend all of their money to get drunk. Frank had a little brother also named Malachy along with twins that both die at a very young age early on in the story. Frank was surrounded by death all of the time. It seemed like every time he got close to someone they would end up dying. Frank and his family were very strong Catholics. They live in horrible conditions, it makes me thankful for everything that I have. Frank and his brother Malachy were picked on constantly at school for their appearance. Frank always stuck up for himself and his brother, it was sad to read about this. One of the only times I felt that Frank enjoyed himself was when he snuck into the movie theatre. Frank was a very smart kid who loved to read, the library even let him stay after it closed to let him read. This was the only time in the book that people were nice to him and showed him some respect. The story got even more depressing when the father goes to England for work and the children have to start providing for the family. They do and the father sends no money and eventually comes home with no money because he of course drank it away. This is when Frank decides to save up his money and buy a boat ticket to America. It was good to see that Frank didn’t want ... Free Essays on Angela's Ashes Though women throughout many books written by men have been cast out and not really mentioned, Frank McCourt, author of Angela’s Ashes, does a good job showcasing his mother honesty in his memoir. Nothing is glossed over when readers are shown Angela McCourt. She was a victim of her town Limerick City and her family. She was really the one who tried to shape the family into something she knew could be, but time after time, she failed. Angela McCourt’s miscarriages, dying children and drunken husband; she was the victim. Within six years, Angela McCourt was pregnant seven times. She had one miscarriage and had to bury three out of her six children before the age of three. The pain of these loses tortured Angela so much that she could not stay in the houses where the children had died. She said she would end up in a mental institution if she had to stay with those memories. The family moved and Angela seemed to cope better, but although the pain seemed to subside, it was still there, it always was there. When she was young, Angela married Malachy McCourt, who had just gotten out of jail. There were times in their relationship when he was a decent person to her, but most of the time, he was extremely egotistic. He didn’t manage to get a job, and he spent money in the pub instead of food for his family. â€Å"She struggled to get at his pockets. Where’s the money? The children are hungry. You mad oul’ bastard, did you drink all the money again? Just what you did in Brooklyn?† (77) Angela herself suffered from the hunger and the cold and the jeers from other people about her lousy husband; but worst of all, was that Angela had to watch her children suffer because of their father. When the McCourt’s come back to Ireland from America, relatives of the family did not give anyone a warm welcome back. The children’s aunt shows her aversion to the family on many occasions. She is not willing to give the family shelter in her hous...

A History of the Colony of Rhode Island

A History of the Colony of Rhode Island The colony of Rhode Island was founded between 1636 and 1642 by five separate and combative groups, most of whom had been expelled or left the Massachusetts Bay colony for disputative reasons. The colony was first named Roodt Eylandt by Dutch trader Adriaen  Block (1567–1627), who had explored that area for the Netherlands. The name means red island and it refers to the red clay that Block reported there. Fast Facts: Rhode Island Colony Also Known As: Roodt Eylandt, Providence PlantationsNamed After: Red Island in Dutch, or perhaps after RhodesFounding Year: 1636; permanent charter 1663Founding Country: EnglandFirst Known European Settlement: William Blackstone, 1634Residential Native Communities: Narragansetts, Wampanoags  Founders: Roger Williams, Anne Hutchinson, William Coddington, William Arnold, Samuel GortonImportant People: Adriaen BlockFirst Continental Congressmen: Stephen Hopkins, Samuel WardSigners of the Declaration: Stephen Hopkins, William Ellery Early Settlements / Plantations Although the Puritan British theologian Roger Williams (1603–1683) is often given the sole role of founder of Rhode Island, the colony was in fact settled by five independent and combative sets of people between 1636 and 1642. They were all English, and most of them began their colonial experiences in Massachusetts Bay colony but were banished for various reasons. Roger Williamss group was the earliest: in 1636, he settled in what would become Providence on the north end of Narragansett Bay, after he was kicked out of the Massachusetts Bay colony.   Roger Williams had grown up in England, only leaving in 1630 with his wife Mary Barnard when the persecution of Puritans  and Separatists began increasing. He moved to the Massachusetts Bay Colony and worked from 1631 to 1635 as a pastor and a farmer. Although many in the colony saw his views as quite radical, Williams felt that the religion he practiced must be free from any influence of the Church of England and the English king. In addition, he questioned the right of the King to grant land to individuals in the New World.  While serving as a pastor in Salem, he had a fight with the colonial leaders, because he believed that each church congregation should be autonomous and should not follow directions sent down from the leaders.   Founding of Rhode Island In 1635, Williams was banished to England by the Massachusetts Bay Colony for his beliefs in the separation of church and state and freedom of religion. Instead, he fled and lived with the Narragansett Indians  in what would become Providence Plantation (meaning settlement). Providence, which he formed in 1636, attracted other separatists who wished to flee from colonial religious rules of which they did not agree.   One such separatist was the poet and feminist  Anne Hutchinson (1591–1643), another Puritan from Massachusetts Bay, who began Pocasset on Aquidneck Island in 1638, which eventually became Portsmouth. She had been banished for speaking out against the Church in Massachusetts Bay. William Coddington (1601–1678), a magistrate at Massachusetts Bay, settled first in Pocasset but split from Hutchinsons group and settled in Newport, also on Aquidneck Island, in 1639. In 1642, Massachusetts Bay ex-patriot William Arnold (1586–1676) settled on the mainland in Pawtuxet, now part of Cranston. Finally, Samuel Gorton (1593–1677) settled first in Plymouth, then Portsmouth, and then Providence, and finally set up his own group in Shawomet, later renamed to Warwick in 1642.   A Charter Political and religious squabbling was a common feature of these small plantations. Providence evicted people for speaking out in meetings; Portsmouth had to hire two police officials in late 1638 to keep the peace; a small group of people from Shawomet were arrested and brought forcibly to Boston where they were tried and convicted on various charges. William Arnold fell into dispute with Warwick plantation and for a time put his plantation under the jurisdiction of Massachusetts Bay. These disputes were primarily were struggles over religious practices and governing, in addition to boundary issues with Connecticut. Part of the problem was they had no charter: the only legitimate authority in Rhode Island from 1636–1644 was the voluntary compacts which everybody but Gortons group had agreed to. Massachusetts Bay kept intruding into their politics, and so Roger Williams was sent to England to negotiate an official charter in 1643.   Uniting the Colony The first charter was validated by British Lord Protector Oliver Cromwell in 1644 and that became the basis of government in Rhode Island colony in 1647. In 1651, Coddington obtained a separate charter, but protests led to the reinstatement of the original charter. In 1658, Cromwell died and the charter had to be renegotiated, and it was on July 8, 1663, that the Baptist minister John Clarke (1609–1676) went to London to get it: that charter united the settlements into the newly named Colony of Rhode Island and Providence Plantations.   Despite the conflict, or perhaps because of it, Rhode Island was quite progressive for its day. Known for fierce independence and the absolute separation of church and state, Rhode Island attracted persecuted groups such as Jews and Quakers. Its government guaranteed freedom of religion for all its citizens, abolished witchcraft trials, imprisonment for debt, most capital punishment, and chattel slavery of both blacks and whites, all by 1652.   The American Revolution Rhode Island was a prosperous colony by the time of the American Revolution with its fertile soil and ample harbors. However, its harbors also meant that after the French and Indian War, Rhode Island was severely impacted by British import and export regulations and taxes. The colony was a frontrunner in the movement towards independence. It severed ties before the Declaration of Independence. Although not a lot of actual fighting occurred on Rhode Island soil, except for the British seizure and occupation of Newport until October 1779.   In 1774, Rhode Island sent two men to the First Continental Congress: former governor and then-chief justice of the Supreme Court Stephen Hopkins and former governor Samuel Ward. Hopkins and William Ellery, an attorney who replaced the deceased Samuel Ward, signed the Declaration of Independence for Rhode Island.   After the war, Rhode Island continued to show its independence. In fact, it did not agree with the federalists and was the last to ratify the U.S. Constitution- after it had already gone into effect, and the government had been established. Sources and Further Reading Bozeman, Theodore Dwight. Religious Liberty and the Problem of Order in Early Rhode Island. The New England Quarterly 45.1 (1972): 44-64. Print.Frost, J. William. Quaker Versus Baptist: A Religious and Political Squabble in Rhode Island Three Hundred Years Ago. Quaker History 63.1 (1974): 39-52. Print.Gorton, Adelos. The Life and Times of Samuel Gorton. Philadelphia, Higgenson Book Company, 1907.  McLoughlin, William. Rhode Island: A History. States and the Nation. W. W. Norton Company, 1986

Human Resource Management PT 4 Essay Example | Topics and Well Written Essays - 500 words

Human Resource Management PT 4 - Essay Example Secondly it states the functions of the advertised position, this is usually the lengthy part and details what the job really is all about and can be quite particular .The third importance is that it contains attributes that are required for that particular job and provides some of the insights into what kind of work environment an employee is trying to maintain. This part also details any educational or technical requirements that may be desired or important (Philip, 1989). The fourth importance of a job description is that it stipulates clearly particulars on the one to report to and organizational structure. The fifth importance specifies the criteria for evaluation and helps clarify what is really important both for the employee and the organization. The sixth importance helps the employee understand the type and span of compensation including the benefits to be derived from the post and finally the seventh importance is all about physical surroundings and location of the place of work. Apart from the above, job descriptions also assist organizations to better understand the skill base and experience required to improve the victory of the company. They assist in recruiting, hiring, evaluating and possible termination of employees. Job descriptions are valuable because they save time, are useful in aspects of labor management and as crucial references if an applicant, government or employee agency disputes a hiring or some additional employment decis ion (Sharon, 2008). A sample job description of my previous job is that of a registered nurse and is as follows; identification of patient care needs by establishment of personal rapport with possible and real patients and other individuals in a capacity to comprehend care needs. Establishment of a compassionate atmosphere by provision of emotional, spiritual and psychological support to patients, families and friends. Promotion of

Does God Exsist Essay Example | Topics and Well Written Essays - 1250 words

Does God Exsist - Essay Example Aquinas' five reasons for the existence of God are: the principle of motion, efficient cause, possibility and necessity, gradation of things and finally the governance of the world. These principles are used to counter two earlier mentioned objections as to the existence of God. These objections question the probability of an all-good God allowing evil in the world and whether or not God is the true source of creation. The main argument for the existence of God is that the source of all in existence is best explained by an original source with no limits and that is God. This paper aims to examine both objections to and arguments for the existence of God by examining the five points presented by Aquinas and cross examining these points with Tolstoy's The Death of Ivan Ilych and Anselm's Proslogion. After examining both sides of the issue the paper will determine how Aquinas successfully argues the existence of God. The main argument that Aquinas presents is clear: God exists. Aquinas argues this by first, outlining two objections to the existence of God. These objections will be discussed in more detail later. He then, counters these objections by outlining five reasons for God's existence. The first reason Aquinas g... hot, to be actually hot, and thereby moves and changes it." The wood has a potential to become hot; however it needs fire in order for it to actually become hot. Aquinas argues that there must be a first mover and that first mover is best understood as God. The second reason is concerned with causality. Aquinas argues that nothing can exist by itself nor can it cause itself. Something else must cause it. The third reason argues that everything has a potential to exist only if something else will cause it to exist. These things are necessary, just as a male and female are necessary to produce offspring. However there must be an original cause of these necessities. This ties in with Anselms,' Proslogion in which he ponders God's existence by considering an understanding of God's existence. He argues that if God exists only in one's mind than something greater than God could be conceived, however it can't. Thus Anselm states, "Hence there is no doubt that there exists a being, than which nothing greater can be conceived, and it exists both in the understanding and reality". Something must be the greatest and thus the source of all that can be conceived and that something is God. The fourth argues that everything has a position on a scale f rom worst to best, slowest to fastest and other such extremes. Everything has a maximum or perfection to be reached and so there must be an original source of perfection and this source is God. The fifth reason is that everything in the world that is unintelligent, such as plants, landforms, the ocean and the like all work towards a particular purpose. The ocean provides a home for marine life and the source of rain; plants clear the air and provide food and shelter for animals. If each of these things serves a purpose, then something

Business Ethics Essay Example | Topics and Well Written Essays - 1750 words - 3

Business Ethics - Essay Example He further argues that those stakeholders that have greater power, urgency and legitimacy may impact business performance. For instance, PricewaterhouseCooper Company engages in policymaking process in the company. Therefore, in case they apply greater power and other salience models, they may end up creating a hindrance to effective organizational performance. However, there are both benefits and limitations of employing salience model in this engagement activity. The benefits include significant contribution to the thought leadership and developing effective solutions to global challenges. However, the problems may include posing challenges and create threats to global issues. What is a possible future employer of me actually doing in terms of stakeholder engagement activities? What do I think of their activities? Can I see any link with Power, Legitimacy and Urgency, and why they chose this stakeholder engagement activity? The possible future employee in terms of engagement activi ties will participate in effective decision-making process, informing talent strategy, advisory panel, engaging in corporate responsibility reporting and participating in other significant corporate roles. Their activities enhance quality services in business activities; hence, it is vital to conduct business in accordance to the organization requirements and guidelines. Engaging stakeholders in business activities is vital but it is recommendable to classify them according to their work performance. This is because stakeholders differ and some have varied interests in business activities. For instance, the salience model is widely employed by many stakeholders in business activities across the globe; thus, employing an effective stakeholder management strategy can enable one to meet their need and expectations successfully. Therefore, there is a significant link among power, legitimacy and urgency because this stakeholder engagement will lead to better management and influencing ot her towards achieving organization goals efficiently. What could/should, if I had the choice and decision-making power in my future employers company, the company be doing, which it currently isn’t, in terms of stakeholder engagement activities? How, using Mitchell’s et al’s. (1997) â€Å"salience† (importance) attributes (Power, Legitimacy and Urgency); can I rationalize that as a good activity for them to be doing? In case I had a choice and decision making power in my future employers company, the stakeholders in the company would not participate in some responsibilities such as accounting management roles, recruiting employees and other minor company activities. This is because some stakeholders may apply their power, legitimacy and urgency in a manner that may pose challenges to effective performance; thus making employees to become unproductive. Stakeholders can affect the business outcome positively or negatively (Crane and Matten, 2004). For insta nce, some stakeholders may use power to take control of investors in case the company is privately held rather than publicly traded. By using Mitchell’s salience model attributes, I can rationalize good activities for stakeholders such as planning, decision-making process, direct management and project coordination process. Seminar Four: Ethical Leadership Debate Guiding Reflective Question Student Reflection What was the definition of ‘

Discrimination In The White Tiger

Discrimination In The White Tiger The narrative techniques observed in these two novels are different each with its own unique style. This essay deals with the narrative technique employed by Harper Lee in To Kill a Mockingbird and Aravind Adiga in The White Tiger. A contrast is brought out between the narration presented by the protagonist Scout Finch in To Kill a Mockingbird and by Balram Halwai in The White Tiger. The lifestyle and situation presented in these two novels differ in their society as well as in their times. Scout Finch presents her story by the backdrop of the American society of the 1930s and Balram the Indian Society in the new millennium. These differences however bring out the common theme of discrimination observed, but from two different perspectives, with the help of examples from the prevailing conditions. This has been done by looking into the various factors of the narrative technique employed by these narrators. The style of writing, tone, characterization, backgrounds all vary in these two novels. Each of this is brought out by comparing and contrasting the narrative technique adopted by these two authors. All of this not only differentiates the style adopted to convey the message in each of these books but at the same time brings out the limitations and reliabilities of the two narrators. By doing so, the novels throw light on the age old social hierarchy in two different forms and does so from two unconventional perspectives, thus making them more believable. Introduction Discrimination is the theme in a flawless narrative by a lawyer in Alabama who later served in the legislature, as well as the theme in a powerful book by a young Indian traveler half a century later. To Kill a Mockingbird, by Harper Lee depicts the theme through the racial biases down south in the Americas of the early 1900s while The White Tiger, by Aravind Adiga depicts a similar divide through the metaphoric India of the darkness and India of light. This essay deals with the foregrounding of the theme of discrimination in Harper Lees To Kill a Mockingbird and AravindAdigas The White Tiger by a study of the narrative technique employed by the narrators. The narrator is the person chosen to convey the plot to the reader, and both the books being analyzed here have unconventional narrators whose gripping narration keeps the readers engaged through the book. In Lees To Kill a Mockingbird, Scout Finch is the narrator, with the perspective of a child from the age of five to eight through three summers in a row where she experiences the whole situation presented in the novel. Though the narration happens at a much later age, years after the incidents have unfolded; the innocence and naivety in the narrator have been retained. The narrator Balram Halwai in The White Tiger is however different. This narration is not as complex as Scout Finchs and is presented from the first persons point of view with this entrepreneur as its protagonist. He presents his life through a series of letters with an autobiographical element to it. Both these narrators bring out the common class divide observed by speech and dialogue, setting, age, tone, and plot. By doing so they present the same subject matter from two distinctive perspectives and this has been analyzed here. There is a complex narration observed in To Kill a Mockingbird from the perspective of a child as well as an adult. The narration is presented by Scout Finch from when she was eight years old. The adult narrator begins the novel by opening the story with the help of an analepsis. The adult narrator recounts the events in the way she experiences them as a child, without adding any commentary to it. She plunges straight into the story, which has been presented from a childs point of view and as Atticus points out, Theyve done it before and they did it tonight and theyll do it again and when they do it seems like only children weep  [1]  thus portraying the emotions she felt at that time. However the adult narrator brings out her understanding with age when she states, I never figured out how Atticus knew I was listening, and it was not until many years later that I realized he wanted me to hear every word he said  [2]  Her comments on her childhood naivety does not make her om niscient but definitely gives her the power of omniscience as she is able to look back on the events that have occurred and comment on the thoughts running in other peoples heads as she has matured considerably over time and has been able to understand many more things. The adult narrators lack of interference gives the reader a chance to embark on the journey which brings out this discrimination with the young Scout. By doing so they view the events in the light in which they occurred without any biases. Along with this they are also given a chance to observe the way the young Scout handled herself through this crisis and matured through it as she switches back to first person narration when she is directly involved in the action as seen in the court case of Tom Robinson. The reader is thus able to connect with the protagonist and experience the journey alongside her. By this, the reader is free to derive their own conclusion of what they read in the book, though she has limited them by providing it all from her point of view. The narrator further supports this narration when the adult Scout drops in subtle hints for the events she wants the readers to see when she says, We sometimes discussed the events leading to his actions.  [3]   The narrator Balram Halwai in The White Tiger is however different. Living a rags to riches story the protagonist emerges from the darkness to light, from the villages in Central India to New Delhi and then to Bangalore. Balram presents this autobiographical narration over seven nights through letters to Wen Jiabao, the Chinese Premier, shortly visiting India. His letters have an autobiographical element to it as it spans his life from his childhood to his present status and the journey from the darkness to light. Balrams narration brings out the Indian social hierarchy prevalent in society from his point of view, a very different version from what his master Mr. Ashok views it to be. While the latter condemns the country for having too many half baked men, Balram mocks the rich for having studied for decades and then finally taking orders from other men for the rest of their lives when he says, Entrepreneurs are made from half baked clay.  [4]   We see India as it is today from a member of a working classs perspective and we get an insight into much that we wouldnt under normal circumstances have given a thought to. Adiga presents a view of the world from the narrators perspective for the benefit of the reader, and this brings out the effect of using such an unconventional narrator. His use of the English language in its simplest form by the use of simple sentences reiterates his position in the society and makes him more appealing to the reader. This can be supported by: In the morning someone came into the room. It was ex driver number one.  [5]  This sentence spoken by Balram towards his colleague throws light onto the education he received for despite his age is he still spoke like a child. His cunning, sardonic tone applied when he states the above, makes him mean and a man of the world who has learned how to survive, creating an ambiguity of his age. There is a contrast between his age and speech here which furthe r brings out his position in society. His ambitions to reach the top of the hierarchy and clear away all the class distinctions put forth to him puts him at the apex of the situations that arise in his life, such as revealing the religious secret of driver one, and the murder of his master, Mr. Ashok. This makes the reader acquainted with the protagonist here and gives one the freedom to judge this character in the way one wants, similar to Scouts narration. Scout, as a narrator is perceived differently from him, for she is merely a viewer for the reasons of her troubles in society. The childish tone adopted by her brings out the truth in the fear felt by the society when something out of the ordinary happens, for instance with Boo Radley. They accuse him of being a ghost but Scout views him as a friend and fellow human being after he saves her life, when she says, Atticus was right. One time he said you never really know a man until you stand in his shoes and walk around in them.  [6]  This brings out a maturity in her and an understanding got with experience. By this, she comes across the prejudices faced by the adult society which were unknown to her. This aspect of her narration portrays her as a round character as more than one aspect of her character emerges through this. The directness with which she voices out her thoughts to Atticus can be compared to the bluntness with which Balram in The White Tiger expresses his opinion on the things around him. This brings out his upbringing in Darkness  [7]  , by the lack of refine to him as a person. His frequent exclamations while expressing his views, however harsh they might be, without any regret suggest this as well. His thirst to prove himself as educated and rich is brought in this tone adopted by him as he tries to prove himself to the Premier by referring to himself as a one of its most successful (though probably least known) businessman  [8]  . His tone brings out the pride he feels on the wrongs he did in his life to reach the top rung of the ladder of success when he says, à ¢Ã¢â€š ¬Ã‚ ¦I became, briefly, a person of national importance owing to an act of entrepreneurshipà ¢Ã¢â€š ¬Ã‚ ¦Ã‚  [9]  He is in fact talking about murder in this context without any guilt. He tries to bring out his knowledge to the Premier in a way which suggests that he knows it all by listening to the people around him. This is supported by words such as apparently and I guess. These suggest an uncertainty and the idea of being made up as they support the ideas of being unsure. Scout Finch as presented by Lee does not try to prove herself and brings out her natural reactions towards the events which occurred in her childhood. The adult narrator does not try to modify any of her reactions as a child and presents is all in the sequence it occurred. She brings out her confusion and her imagination, thus presenting Balram as a very defensive character. Along with this she also brings out the hostilities faced by Atticus on taking up Tom Robinsons case. Scout is unable to understand all of this and cites her confusion. The title here plays an important role in foreshadowing the character of the narrator and highlights the theme of discrimination. A mockingbird stands for innocence. This motif of the mockingbird too arises in the novel four times through the course of her narration. One of which is the column written by B. B. Underwood on Toms death which goes against this discrimination and brings out the humanity that is present in such a society. On the other hand, the title The White Tiger, suggests uniqueness and rarity, acting as an epithet to the protagonist Balram. His unconventional narrative is brought out by his colloquial language seen in his exclamations as well as in the various parentheses like No: dont misunderstand. I had nothing to do with his death! But Ill explain later.  [10]  His use of this trivial incident of death while writing to a person as important as a Premier of a country sites his background and education. The choice of narrator here makes this discrimination observed more predictable as its presented is by a person who has been at the receiving end of it. This could also however be interpreted to be a little farfetched and not completely accurate for the experiences could have been exaggerated by the narrator so as to gain sympathy and prove himself right. The protagonist through the first person narrator is able to project his thoughts and feelings by his perspective. Scouts inner confusion comes out in this manner with the help of speech and dialogue in To Kill a Mockingbird, when she has to face the hostility of the society after Atticus takes up Tom Robinsons case. Her words are confused and she is not always aware of the events occurring around her. This brings out her imagination, her age and thus her character. In such times of uncertainty Scout also exhibits a maturity, when in conversation with Miss Maudy, where she states, à ¢Ã¢â€š ¬Ã‚ ¦but Atticus was only a man. It takes a woman to do that kind of work.  [11]  Along with this she also brings out her view of the racial discrimination that exists in society when she hears the ladies talking, and she admires Aunt Alexandra for her ability to put on a strong face even in the time of crises. Her view of everyone being equal because the working classes too has families as sh e has seen with the family retainer Calphurnia , makes her view point different from what an adult might have been at that time simply because her thoughts werent biased. Her speech also reveals the problems faced by her because of the biases. Her belief of equality between the white and black make her stand out against the biases of the society. She also presents the other characters from her point of view. They are biased according to what she makes them to be and are presented as part of her life and not explicitly for the readers. This taints them by the opinion she holds of them. This can be supported by her opinion on Walter Cunningham when she states He aint company, Cal, hes just a Cunnigham   [12]  All of these characters are characterized indirectly as they are all introduced by the narrator. This provides a limitation for the reader to judge them as they are all presented from the perspective of the narrator and are biased. This makes it unreliable for the reader to judge them. A similar pattern is observed in The White Tiger as well. The characters have all been tainted by Balrams point of view. They have been brought out in the sequence of action that occurs in his life and at the junctions where they play a part in making the narrator who he is today. His descriptions of his fellow characters and the events occurring are clear, concise though broken in some parts. The readers first impression of Mr. Ashok, his master is, à ¢Ã¢â€š ¬Ã‚ ¦a figure on the terrace, a fellow in long loose white clothes, walking around and around, lost deep in thought  [13]  .This not only highlights the contrast between the narrator here and in To Kill a Mockingbird, but also reiterates his position in society especially when he says, the moment I saw his face, I knew: This is the master for me.  [14]  This unconventional narrative contributes towards developing the narrator as a character by the turn of events in his life and once again reminds the reader of his upbri nging. The White Tigers cunning, ambitious nature is brought into focus with the way he exposes the driver number ones secret to their master and uses anothers downfall to reach his own success. This narrators view on the happenings around him combined with his style of getting things done his way defines him as an efficient protagonist who knows what happens around him and what still remains to be achieved. This confidence of his brings out a stark contrast to the narrator in To Kill a Mockingbird. Scout Finch is oblivious to the seriousness of the case taken up by Atticus to defend Tom Robinson, and because of this she is partially unaware of the social disgrace her family is facing and projects this by her childlike style of writing. The hardships faced by Balram in The White Tiger as seen with, Working in a tea shop. Smashing coals. Wiping tables. Bad news for meà ¢Ã¢â€š ¬Ã‚ ¦?  [15]  infuses in this protagonist the class distinctions and presents the society around him from a very biased view as opposed to the narrative adopted in the other book where her opinion isnt as biased. Balrams narration is Adigas novel brings out his blunt, unrepentant and outright nature and the presence of mind and grit exhibited to reach the top of the social hierarchy. This is a startling contrast to Scout in Harper Lees novel. Her innocence and pain is contrasted to his ways of the world here. He knows how to get his way around and use the people around him to get his way. While Scout finds it a need to protect her father against peoples vile judgments of calling him a nigger lover, he unrepentantly awaits the murder of his family for his crimes. He presents his views on discrimination from the perspective of the higher class now that hes an entrepreneur himself. He presents discrimination of class based on power here as is seen by his actions, something he had initially gone against. Harper Lee in contrast to this brings out Scouts lack of understanding and interpretation of the seriousness of the situation by her speech and dialogue which describes her tomboyish and enthusia stic nature and her curiosity towards everything happening around her. She now sees the cruelty of children against their peers as she feels it herself and her tomboyish nature cannot be contained in such matters as is seen with, My fists were clenched I was ready to make fly. Cecil Jacobs had announced the day before that Scout Finchs daddy defended niggers.  [16]   Just as Balrams background brings out the unusual style of writing in The White Tiger, its Scouts age which brings out the unconventional narrative observed in To Kill a Mockingbird. It defines the innocence and imagination present in a child without that being tainted by the working of the real world. It brings out the world as is viewed by the narrator then and thus helps in bringing out the accuracy of events taking place. In contrast to this brings out the ambiguity in the reliability of the narration as it has been presented by a child. There were situations which were too serious for her and were presented more by her imagination than by the reality of it. This emphasizes the point of her being a child who cannot be completely trusted in her report for her interpretation is naÃÆ' ¯ve and cant be completely relied upon. The narrators age is however important here as without considering that the reader might misjudge her character. It brings out her naivety and innocence by th e lack of clear understanding in matters of grave seriousness such as the conviction against Tom Robinson. The truthfulness of a childs narration keeps the reader in its grasp by the suspense created by it and makes him believe her and empathize with her. Her tone and voice keeps the narration light though the topic matter is serious. Scouts perspective is distinguished from that of the societys and helps in bringing out discrimination at two levels. For one Scout is continually told by Aunt Alexandra to wear dresses and not play with the boys; and they are also condemned for supporting the blacks, as seen by her cousin when At a safe distance he called, Hes nothin but a nigger-lover.  [17]  Condemnation goes at two levels and brings out the magnitude of this theme in the book by highlighting its intensity and making it more believable. This theme of discrimination forms the basis of the plot which is developed by the controlled release of information. The characters are introduced one by one and the themes are introduced in the time of crises. This heightens its effect and makes the reader focus on it. The theme of discrimination is brought out when the whites insult the black. The adult narrators description of the other peoples reaction at the court scene brings out the dissatisfaction in the crowd as well as reinforces the prejudice of the jury towards the white, despite the Negro being innocent. The analepsis is used by Adiga in The White Tiger for a different effect. The plot has been constructed in such a way that the reader is continually reminded of the protagonists current position. This helps in concluding each letter and also making a reference to his office, which makes the reader acquainted to the present setting as well as bringing out a contrast between his past and present status. This is reinforced by his pride and constant references to à ¢Ã¢â€š ¬Ã‚ ¦the chandelier has a personality of its own. Its a huge thing, full of diamond shaped glass pieces, just like the ones they used to show in the films of the 1970s.  [18]  in his tiny office. The plot deals with his brilliance in how he handles situations and on analyzing the people around him as he presents a very judgmental view on the other characters and presents them as he sees them a stark contrast to Scout Finchs narration. Conclusion The various aspects of the narrative technique presented by Harper Lee in To Kill a Mockingbird and by Aravind Adiga in The White Tiger have been analyzed through the course of the essay. The different styles on writing adopted by the writers to bring out the theme of discrimination, which has been analyzed here by looking at the tone, characterization, speech and dialogue, plot and setting of the two novels. The common style of using an analepsis has been brought out here, which helps in involving the reader into the plot. This makes the reader appreciate the work more as he is able to connect with it. One of the common aspects observed in this essay is the presentation of the plot without any external comments. This has left the reader with the choice to judge the characters and interpret the narrators intentions in the way he wants. Despite this, there are certain limitations which are provided for the way they make their judgments. This is observed by the narrators perspectives on the way they view their fellow characters and the events that occur. Scouts childish narration, supported by her confusion and maturity and Balrams sardonic tone adopted to bring out the world from the point of view of a lower class brings out theme of discrimination from an altogether different perspective. The narrative technique helps in throwing light on the life of the narrator and makes their tales more believable. Yet there are some limitations which crop up. Scout Finch is a child who doesnt understand all that happens around her. This makes her a little unreliable because of her tendency to let her imagination infuse with the reality of things. Despite this she presents a very unbiased view of the society around her, thus projecting the blacks and whites in the same light. Adiga on the other hand presents Balram Halwai as a person whose defensiveness makes him prove himself every time he claims to have done something. In doing so there are times where he might have exaggerated the course of the events that have occurred to draw sympathy towar ds himself and presents the society and its people from a very biased view. These two narrators bring out the same theme with different motives. There are however several limitations which I faced while writing this essay. One being the lack of secondary sources to back up my argument thus making me base my argument completely on the texts in hand and on my personal interpretation of it. Along with this I put together my data from a variety of sources as this topic of analysis here is not a well documented topic as it has been primarily based on class discrimination. There is also a scope of a more exhaustive study as this essay has only dealt with some of the aspects of the narrative technique such as the tone, setting, plot and so forth and much more can be said on these aspects of the narrative technique employed by these two authors. The representation of the theme of discrimination is similar in many aspects in these two novels. Both these authors have used a very unconventional way of bringing out this these. There is an attempt by the author to present these themes in such a way that the readers are easily able to connect with it and understand the underlying motives and intentions of the narrators. Lee has brought out such a serious topic from the perspective of a child through an analepsis, whereas Adiga presented his novel through the protagonist Balram Halwai by using some aspects of the Bildungsroman technique. By adopting these methods, they have provided one with scope for a very exhaustive analysis not only in the narrative techniques adopted but also on the other features to foreground this theme of racial discrimination.