Business Assignment Example | Topics and Well Written Essays - 750 words

Business - Assignment Example In the model, when the normal returns don't meet the normal returns, at that point the speculation ought not be attempted. Thus, Capital Asset Price Model spotlights on cost and speculation. Exchange Pricing Theory is a model that bases its thought that profits of a benefit can be anticipated utilizing the relationship that exist between the advantage and the regular hazard factors. This hypothesis likewise characterizes the cost where a benefit that isn't very much evaluated is probably going to be. The model is constantly seen as a substitute to the capital resource valuing traditional. Hence, Arbitrage Pricing Theory is a model that has increasingly flexible presumption necessity (Hodrick, Ng and Song Mueller, 76). Multifaceted Model of Risk and Return is a money related model dependent on various components. The various components happen during its calculation while clarifying the market marvel and equilibrium’s resource costs. The factor can be utilized in clarifying either an individual protections or an arrangement of protections. The model accomplishes such goal by looking at least two factors in dissecting connection among factors and the subsequent presentation of the protections. Capital Asset Price Model is a model that portrays the relationship that happens between the normal returns and the dangers that are included. Then again, Arbitrage Pricing Theory is a model what depends on the possibility that profits of a benefit can be anticipated utilizing the relationship that exist between the advantage and the regular hazard factors. The multifaceted model depends on numerous elements during its calculation when clarifying business sector wonder and balance resource costs. This is a global bond that is given in an outside nation whose worth is expressed in their individual cash. Eurobonds are given by worldwide association and classes as indicated by the cash in

NEEDS ASSESSMENT TECHNIQUES AND FINDINGS Essays - Needs Assessment

NEEDS ASSESSMENT TECHNIQUES AND FINDINGS Subsequent to exploring the chose readings segment, I found that the writer of the book had the idea that making and utilizing flowcharts is the most significant activity in process control. As I read on, he appears to express that the most straightforward and most ideal approach to comprehend a procedure is to draw it. The creator diagrams a few stages to follow with this undertaking. The first being; Before you attempt to take care of an issue, characterize it. To do this I picked a subject that I felt influences everybody today. Also, our concern is human services, or rather its absence. The initial step is to begin with information assortment; since everybody from the insurance agencies, to the administration gathers and stores information, realities, and figures on the cost, impacts, and measurements on wellbeing. This segment isn't to hard to examine. With this data, I can list cost of clinical consideration, protection rates, and the level of individuals not accepting consideration. Likewise, with this data ought to have the option to extend future expense and potential for absence of care for explicit gatherings. The subsequent advance in making any undertaking is; before you attempt to control a procedure, get it. To meet this progression we should take a gander at cause and influence charts. We would need to take a gander at all the gatherings in question. We would need to take a gander at condition that social insurance is working in. We ought to likewise look out what can be lost by finding a feasible answer for this issue. How inaction is influencing the populace in general. Also, what number of various roads are being taken a gander at as an answer for this specific emergency we are confronting. The way to accomplishment in this issue is by all accounts the interest of everybody, since the choices that are being made influence all of us. The third step for inquiring about this paper would be; before attempting to control everything, discover what is significant. To meet this progression, we would utilize circumstances and logical results, and histograms. Since there are such huge numbers of issues that impact this issue. You need to sort all the elements. We need to see what is essential to all, and locate the basic needs that best assistance everybody. For example, the specialists need to bring in cash, however the patients need moderate, quality consideration. What's more, everybody needs the best consideration without some insurance agency disclosing to them that they don't that specific help. Also, the histograms would be valuable in light of the fact that only one out of every odd thing introduced influences different things. So they may not require that much change. A case of this is the place you live ought not direct what cost of protection you need to pay. Furthermore, the last advance is; start by envisioning the procedure. For this we would utilize the flowchart itself. We should incorporated the necessities and determinations, desires, conveyance, cost, characterized the procedure, measure the procedure, steps to improve the procedure, and approaches to improve and control the procedure. We ought to likewise took a gander at different plans that are right now being attempted to take care of this issue. The greater part of the individuals I have worked with presently don't have any sort of social insurance plan. So what happens when they truly need assistance. Coordinated examination Needs Assessments December 1998 EDWARD A. CLARKE MGT 480 Educator Martin Berman

Is a Fear of the Number 8 Common

Is a Fear of the Number 8 Common Phobias Types Print Fear of the Number 8 or Octophobia Turned on its side, the number 8 means infinity By Lisa Fritscher Lisa Fritscher is a freelance writer and editor with a deep interest in phobias and other mental health topics. Learn about our editorial policy Lisa Fritscher Updated on February 06, 2020 Anthony Kushner / EyeEm / Getty Images More in Phobias Types Causes Symptoms and Diagnosis Treatment Octophobia is the fear of the number 8. If youre afraid of more than one number you have arithmophobia. In the United States, octophobia is not that common because the number eight is not a ubiquitous symbol of bad luck, the devil or other superstitions. Americans are more likely to have a phobia of the numbers 13 (triskaidekaphobia) and 666 (hexakosioihexekontahexaphobia) because of their negative connotations. In other countries, and in minority religions here in the US, the number eight can be a significant number, making those folks more likely to develop a phobia of it. Numerologists also ascribe meaning to the number eight. The Significance of the Number 8 in Other Cultures In order to understand octophobia, it is necessary to learn about the various meanings ascribed to the number. The number eight is a holy number in many cultures, which carries a great deal of power. Many cultures and religions recognize the number eight is significant because it represents: The major festivals of the Wiccan yearThe number of days in the Jewish HanukkahThe Angels carrying the Holy Throne of Allah in IslamThe Guardians of the Directions in HinduismThe Immortals of Chinese loreAn affiliation with wealth and prosperity Should I See a Therapist? If your fear of the number eight interferes with your personal relationships, your job or your ability to perform essential daily tasks, such as buying groceries and paying bills on time, mental health experts recommend seeking treatment. This is the general standard for most cases of a specific phobia or simple phobia. Number phobias, such as octophobia, can fall into the aforementioned category. As it is nearly impossible to avoid specific numbers, such as the number eight, on a daily basis (consider street signs, addresses, a trip to the grocery store, going to a baseball game...). Therapy for a specific phobia, such as octophobia, usually consists of cognitive behavioral therapy techniques, such as desensitization.

Deconstruction Paper - Daddy by Sylvia Plath - 839 Words

â€Å"Daddy† Deconstruction Paper The poem â€Å"Daddy† by Sylvia Plath paints a great picture of a daughter and her Nazi father, but this poem is more than just that. It symbolizes the relationship that they once had, and how it has affected her throughout her whole life. This poem also shows a very generalized depiction of how women see men who have treated them not so greatly. Although Sylvia’s father was German, he was not a Nazi, which is how she depicted him in her poem â€Å"Daddy,† She imagines her father as an ordinary man when she states: â€Å"You stand at the blackboard, daddy, in the picture I have of you. A cleft in you chin instead of your foot but no less a devil for that, no not any less the black man who bit my pretty red heart in two,†¦show more content†¦To prove the hate side of the relationship, she states â€Å"Daddy, I have had to kill you. You died before I had time,† in the first stanza, in the eleventh stanza, â€Å"No less a devil for that, no not any less the black man who bit my pretty red heart in two,† and in the last stanza, â€Å"Daddy, daddy, you bastard, I’m through.† To prove that she loved her father she states, â€Å"I used to pray to recover you† in the third stanza, and â€Å"At twenty I tried to die and get back, back, back to you† in the twelfth stanza. Many people say that they have a love-hate relationship with someone close to them, but I think it is rare if it ever reaches the severity of Sylvia’s relationship with her fath er. We see many different events of Sylvia’s relationship with her father in this poem, and although he died when she was eight, she seems to remember much of that time in her life. This could mean two things, either she is blowing her relationship with her father way out of proportion, or this relationship really was terrible. Either way, she is putting the issue on a pedestal, and letting it affect her much more than it should. Most suicidal people tend to think that the issue that they are dealing with is not worth living with. Life is precious, whether we believe it or not. No issue should affect us so greatly that we do not want to live life anymore. I am not trying to mock, but I honestly feel that people who are suicidal are just trying to get attention, but that’s a different

Electoral Process in Nigeria - 3559 Words

Elections in Nigeria are nothing but dramatised rituals that seek to legitimate the power structure of the ruling class By NGOVE, PETER PEVER Being an M. Sc seminar presentation in the department of Political Science, Benue State University, Makurdi. ABSTRACT The concept of election has been defined in this work as the process by which the people choose their leaders. Nigeria’s democratic experience has been faced with the question of credibility of our electoral process and elections. In other words, our elections have been challenged as not been free and fair. This has posed serious legitimacy question for our leaders .This paper has briefly assessed elections in Nigeria with particular emphasis on the recent ones(i.e†¦show more content†¦This definition places the people in a central position in deciding who governs and it goes to suggest that election is very crucial in all democratic settings and its survival. 1.2 Functions of Elections in Democracy and Conditions for functional elections The primary function of election as rightly observed by Olaitan in Onu (2005, p.44) is to enable the realisation of the classical requirement of involving everybody in governance under democracy. Put differently, it is only through election that the main requirement of modern democracy, which states that ‘the power of governance be vested in and derived from the people could be realised. An Internet source, webcache.googleusercontent.com (2010) identifies three important functions of election in a democracy, as well as the conditions required to be satisfied for election to contribute positively to the making and sustenance of democracy. These include: 1) Supplying legitimacy (i.e. acceptance of the right of public officials to hold office and to promulgate policies because of the means by which they were chosen). 2) Solving Principal – Agent problems 3) Ensuring governmental responsiveness. Elaborating on the functions, the source provides that, for legitimacy to be ensured, the following conditions are necessary: i) Acceptance ofShow MoreRelatedThe History And Downfalls Of Nigeria Essay1499 Words   |  6 Pages Nigeria has been a democracy since 1999 when the military handed over government power to elected officials. Since then, the countries electoral system has experienced many upsets and downfalls. This transition has been anything but smooth with large amounts of corruption within the country s political and socio-economic system. Due to the ineffectiveness of governance, it has been extremely difficult for Nigeria to effectively democratize. In order to improve Nigeria’s corrupt electoral systemRead More Fraudulent Elections: A Look at Russia, Iran and Nigeria1626 Words   |  7 Pagesobvious corruption and fraud involved in the presidential elections over the last few years in Russia, Iran, and Nigeria expose the reality of the situations. In examining the election processes of these three countries, one can clearly see that the electoral body is not independent of the party in power. The poor electoral processes have snowballed into a legitimacy crisis in Nigeria and full- fledged riots in Russia and Iran; though the authorities were able to repress these public demonstrationsRead MoreNigeria And Keny Corruption Essay1546 Words   |  7 PagesThroughout the last 10 years, Nigeria and Kenya have been partly free. Corruption is the greatest indicator among both for the lack of democracy. In Nigeria, corruption stems from the problem with oil, it leads to political violence, repression and unchecked government power. In Kenya, corruption arises from economic interests, causing political instability and hindering development. In addition to that, both experience electoral corruption. Conversely, civil societies active participation in theRead MoreCorruption In Nigeria Essay examples1156 Words   |  5 Pagesis prevalent in the Niger delta region of Nigeria; public officers in this oil producing state of Nigeria are corrupt. Consequently, it has defied the Niger delta from developing politically and economically which has left the states reputation in a mess. Radicalization of youths, abject poverty and -political instability are the three leading effects of corruption in the Niger delta region of Nigeria. Corruption in the Niger delta region of Nigeria has led to abject poverty in the state. StateRead MoreE-Voting System in Nigeria2276 Words   |  10 Pagesthis will only increase in the next decade. 1.4 VIEWS OF THE NIGERIA COMPUTER SOCIETY ON E-VOTING SYSTEM The President of the Nigerian Computer Society (NCS) Prof. Charles Uwadia has said that: E-voting system is feasible in the 2011 general elections with strong political will. Prof. Charles while addressing the IT Journalist in Lagos ahead of the follow-up retreat between Nigeria Computer Society and Independent National Electoral Commission(INEC) Held in November, 2008. He listed conditionsRead MoreAp Comparative Government Summer Assignment1107 Words   |  5 Pagesof law is necessary. 10. Common sources of authoritarian breakdown include poor economic performance and leadership struggles. 11. Democracy from above (â€Å"top-down† democratization): Electoral competition and political freedoms introduced by the current rulers, sometimes gradually, like Mexico in the 1990s. This process involves elaborate negotiation between rulers and political opponents. 12. Democracy from below (â€Å"bottom-up† democratization): In some countries, democratic reforms have been pressedRead MoreEssay about elections and democracy1559 Words   |  7 Pagesthe ousted of Egyptian Hosni Mubarak and the killing of Muamar Gaddafi after a six-month war between the Gaddafi loyalists and the anti-Gadhafi fighters assisted by NATO. However, while this was taking place, other countries like Zambia, Congo DR, Nigeria, Liberia were also exercising their obligation of having other leaders not by violence but by the ballot. The countries which fought hard to remove long-rule-leaders wanted to just as other countries have the freedom to choose their leaders in anRead MoreComparison of Mexico and Nigeria Essay1933 Words   |  8 PagesUniversity The Adventure to Democracy In the midst of the prevalence of democratic transitions, a number of developing countries are seeking to achieve the successful consolidation of civil order in modern days. Among those participants, Mexico and Nigeria has been spotlighted for the completely contrastive endings at the end of their long-adventures towards democratization since their independence; Mexico, from its independence, has maintained the political stability despite the authoritarian single-partyRead MoreTHE POWER OF YOUR VOTE:A CATALYST FOR A STABLE AND UNITED NIGERIA900 Words   |  4 PagesTHE POWER OF YOUR VOTE:A CATALYST FOR A STABLE AND UNITED NIGERIA Everyone is familiar with the term voting. Many people have different meanings and perspectives of voting. Some might put it as the power of your voice,others that it is the ability to choose a good leader,and so many other ideas. For me as a person, I believe it is the access to chose a leader who you believe will lift,move and facilitate growth and create better societyRead MorePolitical Corruption And Its Effect On Society Essay1667 Words   |  7 Pagesdefinition, corruption is the â€Å"dishonest or illegal behavior especially by powerful people† (Dictionary). In this paper, I will be focusing on political corruption and the conditions in which it is more likely to be severe. Also, I will be using Nigeria as a case study to show the effect of political corruption and discuss possible anti-corruption campaign that have been used and would discuss how effective or ineffective they’ve been. Sheriff Folarin in his article defined Political

Low Fat Diet and Cancer Link Free Essays

Cancer is a very concerning and alarming concept in the present society mainly because of its negative implication on the lives and health welfare of the people afflicted with the ailment. As such, the health society and other concerned organization channel much interest, efforts and resources to study the range and biological nature of cancer together with its likely causes, contributory factors and the long-awaited treatment for the problem. Among the targeted issue is the low fat diets and their link to certain cancers particularly the breast cancer. We will write a custom essay sample on Low Fat Diet and Cancer Link or any similar topic only for you Order Now In the general health field concern, it is dominantly established that diet has a significant effect to the health of an individual namely the likeliness of breast cancer to women. This concept is already strongly accepted with the support of many scientific studies and researches. However, on a particular view, how is low-fat diets actually related to breast cancer problem and whether this is on a positive or negative perspective. Most of the studies in this context relate the diet nature to the reduction of the chances of each women of having breast cancer. A particular study conducted by the Breast Cancer Research Foundation establishes that low-fat diet significantly reduces breast cancer chances for women as according to their study, fat content of the women is directly related to the amount of estrogen she has to be converted to estradiol. This estradiol in particular is the biologically active form of estrogen that can promote the growth of breast cancer cells (Paskett, 2004). On another perspective, other studies have also established that low-fat diets can also significantly reduce breast cancer relapse. A particular experimentation conducted by the Women’s Intervention Nutrition Study (WINS) has found that women who reduce their consumption of dietary fats have affected their breast cancer condition developing them to become estrogen receptor negative (ER-negative) (National Cancer Institute, 2005). These studies and other have indeed linked low fat diet to be a significant preventive mean against breast cancer. On the other hand, other studies and scientific journals claim a different look on the context, as their researches have found no significant link between low-fat diet and cancer. On the perspective of low fat diet as a preventive mean, the results of the Women’s Health Initiative Dietary Modification Trial have established that there are no significant benefits to be gained in a low-fat diet. Their subject assigned to this diet strategy did not gain natural defense or protection against known cancers such as breast, colorectal, and even cardiovascular diseases (Harvard School of Public Health; 2007). Another report derive from the findings of the American Medical Association states that the reduced risk with low-fat diet and the occurrence of breast cancer is not statistically significant to have a preventive effect or solution offering to the problem (Bhattacharya, 2006). However, it must be noted that the claims derive from this studies, though contradicting the benefits of low-fat diets, are not sufficient reasons to stack up on dietary fats and oils. It is still established and widely accepted that low-fat diets have a significant effects to the cancer problem and health aspect though still not specified by scientific supports and research findings. It is still important to follow help advices and intuition in pursuing low-fat diets that is high on rich-carbohydrates, minerals, vitamins which are equally beneficial to the overall health and the natural protection against certain diseases and health problems. Bibliography Bhattacharya, Shaoni (2006). Low-fat diet may not reduce cancer and heart risks. NewScientist.com News Service. Reed Business Information Ltd. http://www.newscientist.com/article/dn8697.html. October 11, 2007. Harvard School of Public Health (2007). Low-Fat Diet Not a Cure-All. http://www.hsph.harvard.edu/nutritionsource/low_fat.html. October 11, 2007. National Cancer Institute (2005). Low-Fat Diet May Reduce Risk of Breast Cancer Relapse. U.S. National Institutes of Health. http://www.cancer.gov/clinicaltrials/results/low-fat-diet0505. October 11, 2007. Paskett, Electra D. Ph.D. (2004). Low Fat Vs. Low Carb Diet Studied in Breast Cancer. Ohio State University Medical Center. http://medicalcenter.osu.edu/mediaroom/press/article.cfm?ID=1746i=64. October 11, 2007. Â   How to cite Low Fat Diet and Cancer Link, Essay examples

Catalina Concert Report free essay sample

I went to Catalina Bar Grill which located at Sunset Blvd, Hollywood to see a Jazz concert, featuring Kevin O’Neal and Patrice Quinn, along with Oscar Hernandez, Sid Jacobs and Aaron Serfaty on Thursday, Mar 06, 2014. My roommate and me were lost and once and had a hard time trying to locate Catalina but fortunately we made it on time anyway. According to our professor the club is a nice place and indeed I have to admit that after I taste the food there. We finished our delicious dinner and wait for the concert to begin. The performance started at about nine o’clock. On that night professor O’Neal was doing a lot of jobs including a bass guitar player, singer, and the composer of this concert. He received rounds of applause as soon as he stood on the stage. There was twelve pieces of melody in this brilliant performance. We will write a custom essay sample on Catalina Concert Report or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The first song was â€Å"Black Butterfly,† and of course the composer is professor Kevin O’Neal who also started with a bass solo, and later on, piano and drum with a fast beat changed the slow bass beat, and then all the three instrument joined together. I think this piece of music was showing the beautiful black butterfly’s journey of life. It made me wonder the taste of nature and the freedom in the sky. The following pieces are â€Å"The way you look tonight,† which composed by Jerome Kers and Lyric by Dorothy Fields, â€Å"They Can’t Take That Away From Me† by GershwinGershwin, and â€Å"Now Or Never† with the composer Holiday, C. R. Lewis. These three melody’s beat was no real difference with the first song, but those three melodies were in a similar theme, which was about the beautiful sad/ romantic love. The singer Patrice Quinn’s singing was really catching to my ear that was really relax and unique. Her voice fully filled this beautiful place until the melody ended. The rests of the songs, â€Å"Pannonica†, â€Å"Ceora†, â€Å"There For You†, â€Å"Ball Chain†, â€Å"California Soul†, â€Å"Save A Thought For Me† and the last piece â€Å"Expectation† are all composed by professor O’Neal. â€Å"There For You† was in a slow beat that was about the happiness love. â€Å"Ball Chain† was showing the black slavery that works for the landlord with nothing. I think this song`s purpose to promote the idea of equality. â€Å"California Soul† was my favorite song since we are here in California. The fantastic thing about this song is that it actually made me feel the breeze from the beach and the smell of the sunshine. â€Å"Save A Thought For Me† was starting with the piano that just remind me of the nature and a beautiful rainbow right after the storm. The last piece of music was â€Å"Expectation. † It begun with a short bass solo then singer Patrice Quinn combined her slow singing with professor O`Neal`s singing. After piano, drum and bass in a faster beat. Both of the singers singing together and reach to the ending of this performance. In conclusion, professor O`Neal`s performance was really interesting because it is actually the first music concert experience for me. Additionally it is also very meaningful because it made me start to get to know more about the jazz musician’s life. Moreover, I have truly experienced the power of music that can infect all different people regardless of their nationality, since all of us international student enjoyed the performance very obviously.

The Auction Block free essay sample

Liberty and justice. The two words every American has proudly chanted, shortly before finishing with â€Å"for all† in the Pledge of Allegiance. The two words I’ve chanted again and again, ecstatic at the chance of praising such a great nation allowing for such privilege. The two words that define America. But, is it â€Å"for all†? Even as conservatives and liberals alike tout America as a â€Å"land of equal opportunity†, I can’t help but disagree based on the same values of which they claim to be in adherence to. I believe in a society in which justice and liberty aren’t auctioned off to the highest bidder in the name of property rights. Due to the nature of my speech, please allow me to expound upon what I mean by justice and liberty. I hold to Plato’s theory of justice, which asserts justice to be â€Å"a social consciousness that makes a society internally harmonious and good. We will write a custom essay sample on The Auction Block or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page On the flip side, liberty is characterized as being free within society from tyrannical stipulations levied by authority. Liberty and justice are two sides of the same coin forever intertwined: neither can exist without the other. They’re virtues to be hailed and yearned for. Instead, the Founding Fathers inaugurated a pendulum, in which the two virtues are forever at odds with one another for the workers, and in collusion for the wealthy. In my freshman year, I remember a Hispanic woman revealing her story in protest of private prisons: Her family had never been rich, but one of hard work and responsibility. Hard times had fallen upon them a few months after they had their first child. As such, her husband had stolen $100 worth of DVDs from the local store in order to pay for rent. He was caught and subsequently sent to jail for a year. After he was discharged, he soon figured out that things had only gotten worse. He did the only thing he could’ve done as a recently convicted, un-rehabilitated felon; he stole $50 worth of merchandise from another store. He got caught again, and they sentenced him to 20 years in a private prison on â€Å"tough on crime† retribution. Our villainous vermin was attempting to do what over 70% of Americans do weekly: living paycheck-to-paycheck, trying to survive. And for that, he’ll never get to hear his baby speak his first words. He’ll never get to play ball with his toddler. He’ll never get to teach his teenage son how to drive, nor see him and his special girl before Prom. He’ll never get to see his own son graduate. Meanwhile, CEOs are busy committing extensive fraud in the name of economic â€Å"liberty† and causing tens of millions of workers to lose their jobs through recessions. Oh, and they avoid any and all jail time. Is it â€Å"liberty and justice for all†, or just for those who can afford the entry fee? The life of a single human being is worth a million times more than all the property of the richest man on earth. This I believe. For until then, the pendulum needlessly swings back and forth, forever mocking the genius of the human race.

Three Reasons to Develop Solar Energy essays

Three Reasons to Develop Solar Energy essays According to the Solar Energy Industries Association reports there was a 67% increase in the solar industry from 2009 to 2010 in the United States. In addition to 67% sales increase, the U.S. solar equipment was installed in 2010 a total capacity of 956 megawatts, and the same year, a total generating capacity of the global solar equipment 17GWp. These statistics show that many people consider solar electric power systems as the future of alternative electric production. Nowadays most people move away from depending on fossil fuel based power generation to alternative energy sources like wind and solar. Hundreds of families have turned to residential solar power generation to control their future electric cost and supply. Nowadays, solar energy is used to provide electricity to homes, schools, businesses, universities and space vehicles used by NASA. Solar power is the energy of the future because it is environmentally safe, it is financially profitable, and it is energy independent . The first reason why solar power is the future is that it is environmentally safe. According to Sean Russell and his article "Environmental advantage for solar energy," solar energy does not produce any environmental risk. It is considered to be the cleanest and safest way to produce energy nowadays. Solar power is generated in such a simple and clean manner that it does not leave behind toxic waste and by-products as opposed to a chemical or nuclear form of energy, which poses health and environmental danger on its production and maintenance. In fact, there are many reasons why solar power can easily become the world's most environmentally friendly alternative fuel source. According to the article "Shining A Light On Solar Power Benefits," solar energy production does not have any bad impact to human beings, animals or natural environment as its generation does not create greenhouses gases like carbon dioxide and carbon monoxide. As opposed to other...

Business Ethics Essay Example | Topics and Well Written Essays - 1500 words - 2

Business Ethics - Essay Example Throat cutting competition and desire for growth is pushing companies to make every possible effort to improve their performance. It was during the 1950s when experts used the term â€Å"performance management† to refer to the systematic and controlled process with which organizations would monitor their performance in order to achieve their goals effectively and efficiently. Today, performance management is a crucial part of every big organization. Despite the fact that the Human Resource Departments are usually responsible for conducting the performance management functions and activities, entire organizations contribute to the process to make it successful (Dresner, pp. 214-219). There are five major pillars of performance management. First, planning the goals and objectives and deciding on the expectations. Second, performance management, as mentioned earlier is also about having a check and balance on the performance of the organization and its employees. Third, performan ce management also binds managers to ensure that there are enough resources available at the disposal of the company, departments, and employees to achieve those goals. Fourth, with the help of balance scorecards and performance appraisals forms, performance management also requires managers to rate and evaluate the performance of individuals and groups. Fifth, lastly, with different pay systems of contribution-based pay, performance based pay, skill based pay and others, and it rewards and appreciates employees for their performance (Cardy, Leonard & Newman, pp. 85-89). Managers all over the world are realizing that many decisions and processes required for performance management necessitate upholding of high ethical and moral standards. These ethical dilemmas are everywhere in the system of performance management. It becomes even more important to answer and address because many decisions concerning the future of the company and the future of its employees, remains depended on the se performance management decisions. Companies use this data for recruitment, selection, layoffs, terminations, promotions, bonuses, pay increases, rewards, demotions, and others (Cardy, Leonard, & Newman, pp. 85-89). One ethical question, which comes up during the performance management of companies, is the fact that whenever companies manage performance of their employees, they are well aware of the fact that the element of â€Å"bias† is embedded deeply in the system. Experts have pointed out many forms of bias, which are present in the system when employees are being rated. First, leniency error when the rater or the manager has the tendency to be lenient, nice, and kind to all the employees because he knows that these ratings would probably decide their future. Furthermore, in order to keep harmony within the group or the department, to gain support, to avoid any tensions or confrontations, managers also try to give above average ratings to all the employees. Second, cen tral tendency error occurs when managers do not want to give very high or very low ratings to anyone. Many managers know that their high and low ratings would force employees to ask them a series of questions, explanations and proofs and the best way to avoid that conversation is by giving them all average rating (Luecke, Hall & Harvard Business School, pp. 321-324). Third, halo effect occurs when manag

Financing The short Term Obligations of the Business (BMW vs Mercedes) Assignment

Financing The short Term Obligations of the Business (BMW vs Mercedes) - Assignment Example Since these finances are obtained for short terms, therefore they are required to be paid back to the lenders earlier in comparison with the long-term finances. Thus obtaining short term finance for business gives rise to short term obligations, and these short term obligations may include short term loans, amounts owed to the suppliers of the business, amounts owed to other parties to whom payments have to be made but have not been paid yet, accrued expenses which also include payments to be made to third parties for their services provided to the business entity. The payment of the short-term obligations is an area of concern for every business enterprise. Considering the available resources of liquid cash reserves, a business entity may opt to finance its short-term obligations by releasing some cash, which serves the purpose. On the other hand, if the cash reserves available with the company are not considered to be sufficient for the purpose of paying of short-term obligations, the company may chose to consider other options for financing such obligations (Besley and Brigham 2005). This report presents an analysis of the financing of short-term obligations for BMW and Mercedes. ... BMW’s short term liabilities comprise of provisions for different obligations for personnel and social expenses, short term income tax liabilities, financial liabilities which include bonds, commercial papers, liabilities towards banks, assets backed financing, derivative instruments and others. In addition to this, other liabilities include short-term obligations relating to advance received from customers, amounts payable to customers and to other companies and social security (BMW 2010). On the other hand, the short term obligations for Mercedes include short term notes, bonds, commercial papers, payables to financial institutions, liabilities from ABS transactions, liabilities arising from finance lease and other short term loans or financing facilities (Daimler 2010). There is no particular disclosures made by both the companies in the financial statements and the related notes, nor there is any other information through which it can be predicted that what are the financi ng techniques being used by the companies under consideration to pay off their short term obligations. However, it can be argued that the financial statements of both the companies do not show any particular financing source which may regarded to as meeting the short term obligations. Therefore, it can be stated that in order to pay off their short-term obligations, both the companies are making use of the cash held by them and through the finance obtained by sources mentioned under current liabilities head. Liquidity and Efficiency Analysis Considering the financial information presented in the financial statements of BMW and Mercedes, following liquidity and efficiency ratios are calculated: Company BMW Mercedes   Liquidity Ratios 2010 2009 2010 2009 Current Ratio 1.08 1.08 1.07 1.14 Quick

Pestle Analysis Is An External Analysis Economics Essay

Pestle Analysis Is An External Analysis Economics Essay It is a part of the external analysis when conducting a strategic analysis or doing  market research, and gives an overview of the different macro environmental factors that the company has to take into consideration. This analysis of the external environment will lead to the identification of a number of opportunities and threats. 7.1 PESTLE Analysis of Royal KPN Political Factors The Netherlands opening degree of its economic, commercial laws and investment policy is well-known in the world. The Netherlands economy is very internationalization with minimum interference from the government, and its trade investment policy is the most open one in the world  [1]  . The government offers many kinds of policies to encourage international investment, and support foreign companies to enter the Netherlands. In addition, the Netherlands has well-done taxation system and commercial environment. The Netherlands low tax rate and widespread tax revenue treaty network in Europe make its taxation environment favorable and attractive (L Zeng 2008). The new Dutch telecommunications regime is relatively liberal, with no barriers to entry, no line-of-business restrictions and relatively few controls on prices. After deregulation, a large number of companies have been in the local market to provide telecommunication services and invest in facilities.  [2]   In addition, the EU telecommunications regulators never reduce the regulation for the telecom industry. The policies about cut settlement cost and roaming charges are continually published. The Netherlands, like most Organization for Economic Co-operation and Development (OECD) countries, is facing a double challenge: to complete the liberalization of the telecommunications market, and to prepare for the next generation regulatory regime in the face of convergence. Economic Factors The Netherlands is called the gate of the Europe due to its predominant geographical position. It has a flourishing and open economic which depends heavily on foreign trade  [3]  . It is one of the main foreign investment countries with the most favorable and attractive business environment in the world. The Netherland is also playing an important part in the economic and trading development, and having a large number of customers in the EU market. By the end of 2011, the GDP of the Netherlands is currently ranked 16th in the world, and it is the eighth in imports of goods and services from the United States  [4]  . Moreover, the Netherlands has developed communication infrastructure and advanced transporting network, with two biggest ports (Rotterdam and Amsterdam) and the third largest airport (Schiphol) in the Europe Union. The Netherlands is also famous all around the world by its leading technologies and management experience in many fields of industries, such as the tel ecom and electronic industry. In short, the Netherlands open economy is developing mainly depends on its good geographical position, the developed transportation system, the advanced communication infrastructure and the developed logistic service, as well as the powerful government support and attractive commercial environment, make the Netherlands the most favorable economic environment for doing business among all the European countries. But in recent years, the whole economy in Europe is seriously threatened by the European sovereign-debt crisis. In many experts view, economic downturn in the Euro zone will still keep for a long time and this also affected the telecom industry. The constantly depraved macro economy make an apparently decrease in revenues of the European telecom companies, lead to the profit declined, liquidity squeeze and market demand weak. Social Factors The Netherlands has a modern and international society, the people living here has a high quality of life. The Netherlands has a long and colorful history; its special social culture is so open and become very suitable for foreign people. During several centuries, the Netherlands has accepted massive immigrants from all over the world. As a result, the colorful social history and international social environment make it favorable for the investors to take part in varies of business activities. In the meantime, the favoring commercial policy and stable political environment provide equal development opportunities for both local and foreign companies, which make the Netherlands business environment more diversification. In addition, the Netherlands has high quality labor force. Most of the Dutch citizens have received high education or job training, and master one or two foreign languages  [5]  . Moreover, they are qualified with the complex skills that are needed in the high-tech economy. The Netherlands has a small but advanced telecom market. The broadband, Internet and mobile penetrations are all far ahead of the EU average. The Netherlands has consistently ranked among the top rated telecommunications markets within Western Europe. Broadband services will supply greatest opportunities for growth, while fixed lines are expected to continue to decline. Mobile broadband connections in the Netherlands have increased to 882,000 in the middle of 2010 and Mobile penetration reached about 130% in early 2010.  [6]  Despite the recessionary conditions such like economy slowdown and debt crisis in Euro zone, Dutch subscribers have shown that they will continue spending, especially due to their desire for the latest technologies. Technological Factors The Netherlands has the leading communication networks and IT technologies in the Europe, which mainly benefits from the government support and technological development  [7]  . Now consumers in the Netherlands can enjoy a variety of communication methods and an increased range of services, such as network and wireless network operation. The industry has evolved the past previous limits that confined services to voice related ones, which makes the computer and based IT and telecom technologies become the part of the normal life  [8]  . As a result, it is becoming more efficient to do Internet trading among companies in different countries due to the rapid development of communication and IT technologies. Moreover, the Netherlands perfect commercial laws and well-operating consumer market have provided a good business environment for the telecom companies to develop their technologies and make broader distribution channels. Besides, the Netherlands is among the worlds most wired countries with a state-of-the-art, 100 percent fiber-optic infrastructure, the largest bandwidth and Internet Exchange on the European continent, and a pro-technology government that is committed to continued research and development.  [9]  Telecom providers in the Netherlands offer a wide range of services and are keen to introduce new technologies. The Netherlands telecom market has one of the most advanced infrastructures in Europe, which providing a solid foundation for emerging bundled services offerings. Legal Factors The legal institution of the Netherlands is also highly praised because of its business laws which take laws letter as main body and assisted with legal principle theories (L Zeng 2008). The  Independent Post and Telecommunications Authority of the Netherlands (OPTA) promote competition, encourage innovation and protect consumers in telecom markets. OPTA also issues licenses for telecom operators, sets interconnection prices for providers and end-users, and solve disputes between telecom carriers. Radio communications Agency Netherlands is responsible for obtaining and allocating frequency space and monitoring its use. Dutch Media Authority upholds the rules which are formulated in the Dutch Media Act as well as in the regulations based on this act for example the Media Decree.  [10]   Dutch Telecommunication Act entered into force in  December 1998. The Dutch government adopted the EC Electronic Communications Framework  (IRIS 2002-3:4)  and amended the Act in 2004.  Major modifications  include: 1) Adoption of electronic communications in various fields; 2) Expansion of OPTCs authority in rule making; 3) Improvement of consumer protection, anti-spam regulations, application of competition law; 4) Single framework applies to all kinds of electronic communication networks including cable TV networks. The revised Act entered into force on May 19, 2004. Environmental Factors In the Netherlands, very high densities of both population and economic activities have led to very intense pressures on the countrys environment. In addition to levying environmental taxes, governmental administrations, like Water Boards, have the possibility to charge fees. Companies and households are charged directly for some polluting activities, for instance the discharge of waste water to the sewers and the production of waste (Statistics Netherlands, 2012). For companies, these fees would be accounted as parts of environmental costs which are quite high each year. Care for the environment is an integral part of KPNs business operations. KPN is particular focus on  responsible energy use, because the telecommunication and ICT sector consumes a lot of energy and ICT can help to reduce its customers energy consumption. They aim to continuously enhance their environmental performance and to become an example in this sector, as well as to observe relevant regulations and legislation  [11]  . In addition, KPN is dedicated to proper management of cables, reduction of waste, and other issues that contribute to make a better environment. In the Netherlands and Germany, KPN has a certified environmental management system (ISO14001). This international standard is used to develop environmental policy, to manage environmental aspects and to improve the environmental performance of an organization. 7.2 PESTLE analysis of Deutsche Telekom Political Factors Germany has a very stable government which provides a safe environment for business. The efficient regulatory regime and open-market policies treat the foreign business investments much the same as German investors  [12]  . Its political system is open to international business and strives to find ways in which to attract new businesses and investors, such as recently lowering its corporate profit taxes  [13]  . The main challenge for the government of Germany is dealing with the debt crisis in the Eurozone, which had a significant negative impact on public finances and economic growth. The bailout of financially weak European countries is unpopular among German taxpayers which also represents a political risk  [14]  . Despite there is a challenging external economic environment aggravated by the European debt crisis, Germany is still one of the worlds most dynamic and powerful economies. The foundations for long-term competitiveness and stable economy growth have been deeply rooted in the high quality of the judicial regime, which maintains a strong rule of law. Economy Factors Germany is the worlds fourth-largest economy by nominal GDP and fifth by GDP (PPP) in 2011. Germany is also the largest national economy in Europe, accounting for about one-fifth of the gross domestic production (GDP) of the European Union (EU)  [15]  . Germany is the worlds third largest exporter with $1.408 trillion exported in 2011 (Eurozone countries are included)  [16]  . Germany is one of the worlds high-income countries and the largest European trade and investment partner of the United States. Although its economic and commercial policies are increasingly determined within the EU, Germany plays a key role in influencing EU policies (Paul Belkin 2009). Germanys economy has been on a lower growth rate in recent years, and unemployment has also risen steadily. Especially hit by the international financial crisis, which led to a steep 5% decline in the GDP growth of Germany in 2009  [17]  . The crisis also raised questions about the long-term vitality and strength of the German economy. After resuming in 2010, economy growth in Germany slowed down again in 2011 as a result of the debt crisis in the Eurozone and the specter of recession. With declining economic growth and rising expenditures on social protections, Germany is facing significant budgetary issues and resource constraints. The telecom industry plays an important part of the Germanys economy and has important strategic significance for the economys development. So the aim of market liberalization in Germany includes not only the benefits to consumers of improved prices, choice, quality of service and widened product range, but also overall economic development  [18]  . The government recognizes that investment in communications infrastructure, services and broadband will mainly come from the private sector. And pro-competitive regulatory reform is considered the most effective way to promote the private sector investment and innovation. Economic slowdown in Germany makes these broader aims more pressing and important. Social Factors Germany has the largest population in the European Union with 81.8 inhabitants in January, 2011. The prosperous German economy attracts millions of immigrants from around the world as it is the third largest country in terms of immigration  [19]  . Germany has a modern and open society; most people are well-educated and enjoy a high standard of living. Germany is also famous for its well social security system which mainly due to their flourishing economy. Besides, there are more than 40 million workforces in Germany which making it the largest pool of labor in the EU. Germanys world-class education system ensures that the students will receive the highest-standard education. More than 80 percent of the German workforce has received formal professional training or owned an academic degree  [20]  . Germany is also the largest and most mature mobile market in Western Europe, with average penetration in the broadband and mobile sectors. Its high levels of literacy, urbanization and strong economic performance make Germany a welcoming telecommunications market. In Germany, the mobile penetration reached more than 135% by early 2011  [21]  . Regulatory pressure on voice roaming and termination rates will encourage operators to further promote their development of data applications to improve profits. In 2011, Deutsche Telekom saw a growth in its German customer base and data use, with more than one million new mobile contract customers, although there was a historical low in the number of line losses in its fixed network of 21 per cent during the year  [22]  . Technical Factors New technologies and innovation are significant to maintain Germanys international competitive power. German companies are one of the global leaders in the development of new technologies. Depending on high quality and innovation, the Made in Germany brand has been a guaranty of quality. Moreover, Germany is the number one location for research in Europe. Germanys unique scientific tradition and great variety of research fields offer ideal conditions. Research-intensive products and services contribute 45 percent to the creation of value in Germany, more than in any other industrialized country  [23]  . As one of the worlds leading exporters, Germany clearly understands that science and technology lay the foundation for its future position on the world markets. They are the key to competitiveness and sustainable economic growth. The German Information Communication Technology (ICT) industry is the largest in Europe and fourth largest internationally. The sector plays a significant role in promoting successful RD outcomes in Germany: over 80 percent of innovations in key industries are reliant on ICT technologies. A number of ICT industry segments display significantly positive growth rates; the foremost being the outsourcing services, mobile data services, and gaming market sectors. High levels of public sector investment in broadband and a significant number of private sector innovations made possible by healthy RD incentives levels all contribute to creating a flourishing and dynamic investment environment  [24]  . Legal Factors Germany has a favorable legal environment which is world-famous for its stability and high transparency. The Germanys effective enforcement system and solid codifications provide investors with a strong legal framework to enforce their rights. Its commercial law is strongly respected, because all property rights are well protected and the judiciary is highly professional. As a result, Germany is generally considered to have a secure environment for international investment and business. The German Telecommunication Act was published in 1996. The main content are not only adapt for the development of German telecom, but also show the EU commissions requirements to establish European unified telecom market and the development planning. This is still the basic law of telecom regulation in Germany. The purpose of this Act is, through technology-neutral regulation, to promote competition and efficient infrastructures in telecommunications and to guarantee appropriate and adequate services throughout the Federal Republic of Germany  [25]  . (1) Telecommunications regulation shall be under federal authority. (2) The aims of regulation shall be- To safeguard user, most notably consumer, interests in telecommunications and to safe guard telecommunications privacy; To secure fair competition and to promote telecommunications markets with sustainable competition in services and networks and in associated facilities and services, in rural areas as well; To encourage efficient investment in infrastructure and to promote innovation; To promote development of the internal market of the European Union; To ensure provision throughout the Federal Republic of Germany of basic telecommunications services (universal services) at affordable prices; To promote telecommunications services in public institutions To secure efficient and interference-free use of frequencies, account also being taken of broadcasting interests; To secure efficient use of numbering resources; To protect public safety interests. Environmental Factors In Germany, environmental protection continues to be a major public concern and a high policy priority. This is mainly due to pressures on the environment resulting from its high population density, level of industrialisation and strong dependence on fossil fuels  [26]  . Changes in the climate and atmosphere system are the greatest political and environmental challenges in the 21st century. In the international arena, Germany is a forerunner in climate and energy policies and aim to achieve ambitious emission-reduction goals  [27]  , while climate change which mainly caused by human activities is broad considered all over the world. The ICT industry plays a key role when it comes to curbing climate change. Deutsche Telekom discussed this fact at the United Nations COP  17  climate protection  conference  [28]  , which was held in December  2011  in Durban, emphasizing the necessity of setting specific and mandatory targets. As a forerunner, Deutsche Telekom is developing the products and services in line with these criteria, making it possible for the customers to engage in green consumption with their innovative ICT services and solutions. The company is also investing heavily in the development of a environmental and climate friendly network infrastructure. Moreover, Deutsche Telekom takes a lot of measures to reduce the impacts which their own business activities have on the climate and environment. Reducing the Groups CO2  emissions in Germany is a key point of the  climate protection strategy  [29]  . PESTLE analysis of China Telecom Political Factors China telecom industry started from state-run business, it was directly influenced by national economy policy, macro development environment and national control policy. Due to the monopoly of telecom economy in China (Yang Yubinge.a. 2011), the telecom companies have closely connection with government and supervisory institution. Since reform and opening-up, the telecommunication industry of China has been developed at full speed, its achievement having attracted peoples attention in the world (Wang 2000). The system reform of the Chinese telecommunication industry is being deepened constantly in recent years as well. The government promised open up the telecom market when China joined WTO in 2001. Then scores of abroad companies applied for the add-value businesses in China and invested in the domestic provider. But there is no one applies to open the network provider company in China because of the high development cost and policy risk. In order to develop the telecom industry, the state formulated and promulgated a series of policies such as 2006-2020 National informatization development strategy, The information industry 115 planning and Telecom industry adjust and revitalization plan 2009-2011. The information industry 115 planning showed that the telecom provider should enhance the interaction with manufacturing industry. Telecom industry adjust and revitalization plan 2009-2011emphasized that the industrys independent innovation of information technology was the most important strategy objective. With the improvement of control policy and sustaining reform, there will be an increasing number of abroad provider join in the Chinese telecom market. The telecom provider in China will be confronted with a free and pro-competition environment, which indicates that more incentive competition will come into being. Economy Factors The Peoples Republic of China (PRC) is the worlds second largest economy by normal GDP and by purchasing power parity after the United States  [30]  . It is the worlds fastest-growing major economy, with growth rates averaging 10% over the past 30 years  [31]  . China is also the largest exporter and second largest importer of goods in the world. On a per capita income basis, China ranked 90th by nominal GDP and 91st by GDP (PPP) in 2011, according to the International Monetary Fund (IMF). The provinces in the coastal regions of china tend to be more industrialized, while regions in the hinterland are less developed. As Chinas economic importance has grown, so has attention to the structure and health of the economy. After the reform and opening-up policy in China, the national economy is developing fast and steady, the consumer power of society is also expending fast. This is also promoting the development of telecom industry. The Chinese telecommunication sectors growth rate was about 20% between 1997 and 2002. China fixed-line and mobile operators have invested an average of 25 billion US dollars on network infrastructure in the last years, which will be more than all western European carriers combined. As a result, with 13 billion citizens, China owns the worlds largest fixed-line and mobile network in terms of both network capacity and number of subscribers. As of March 2012, there were a total of 284.3 million fixed-line telephone subscribers and 1.01 billion mobile phone subscribers in China.  [32]   Social Factors As the peoples living standard continuing to improve and communication consumption capacity is continuing to grow, there are more and more consumers like to enjoy a variety of telecommunications services. This requires telecom companies network equipment continual upgrading (ZhangLei 2007); meanwhile develop the enormous potential new business to be excited to meet new consumer demands, which gives Chinas telecommunications equipment market tremendous demand potential. As a state-run telecom operator shouldering the heavy tasks of national information infrastructure construction and modern telecommunications services, China Telecom has always been adhered to the faith of All-round innovation, seeking truth through pragmatic practice, taking human being as the basis and jointly creating value.  [33]  China Telecom is repaying the society, serving the customer, taking care of the staff, and repaying the shareholders while keeping the company steadily developed and grown under the concept of scientific development and in line with the ever-changing environment. China Telecom carried out its social responsibility in all the operation processes while providing services and products, and makes its great efforts in realizing the coordination and harmonious unity between the corporate development and social development, and environment protection while contributing to the social progress  [34]  . In short, China is still belonging to the developing countries; the penetration rate of the telecommunications business is still lower (Liu 2007). In the future, the telecommunications market will continue to expand the scale. Technological Factors In the aspect of technological, China has launched its own domestic 3G mobile technology standard TD-SCDMA, which will challenge CDMA2000 and W-CDMA.  [35]  The development and usage of new technologies like clouding and IPv6 will promote the internetwork penetrating into the real economy and traditional industry. Computer, television and telephone will be fused into one new business. (Wang Xiaochu 2010) Report on Chinas Telecom Industry in 2010-2012 predicts that in 2011-2012, China will accelerate the combination of telecom network, broadcast network and Internet, and promote interoperability, resource sharing, and the development of information and cultural industries, by using of related policies. This interoperability is not only an opportunity but also a challenge for the telecom industry. Since the completion of recombination and the issue of 3G licenses, Chinas telecom industry has set up a three-way struggle, and the competition of the telecom industry has entered a new stage of development. The year of 2009 became the start of this stage. The development of the telecom industry so far is observed to be driven by investment. Since 2010, Chinas investment in 3G will be reduced gradually, and the telecom industry will enter a post-3G era. Additionally, there will be a slowdown of investment-led growth, and the development of the telecom industry will be driven mainly by consumption. Legal Factors The State Council is the government body in charge of all legislative issues in China, including those regarding telecommunications. Regulations and administrative measures issued in 2000 and 2002 lay out the principles and requirements for telecom licensing, interconnection, service standards and charges, network construction, telecom security, and penalties for violating the regulations. However, many regulations are unclear, subject to interpretation, and sometimes ignored by provincial authorities or the carriers themselves  [36]  . The legal system of telecom industry in China is not perfect now. The only law now is the telecommunication regulation of the Peoples Republic of China which promulgated in 2000. And the Telecommunication Act is still on the drafting process, but neither its specifics nor a timetable for its enactment has been made public. Telecom industry will go through from full monopoly to full competition or effective competition. China telecom industry is on the period of transition limited competition period  [37]  . It is expected the telecom industry in China will have a better development situation af

Is Gaming Harmful?

Is Gaming Harmful? Video and computer games, like many popular, entertaining and addicting kid activities, are looked down on by many parents as time wasters, but why? , is it because they are harmful? , or is it simply because they are spending too much time on them instead of studying. Both have many good arguments, but I am going to write about the one in which I feel are most valid. One of the many good points against gaming is that children, teenagers and adults alike are losing sleep over video games because they are staying up all night and letting their â€Å"addiction† take over.The definition of addiction is: â€Å"The condition of being habitually or compulsively occupied with or involved in something. † And anyone who likes and plays videogames has experienced this at some point. Its not only kids that think about going home from school to play video games, many adults think about at work too, the average game player is 30 and has been gaming for about 12 ye ars. This means that many people, no matter of their age or sex, are putting video games before their school or work by missing out on important sleep and not putting their full concentration into their work.On the other hand, Gaming has been proven to increase social skills in young people as most games include a multiplayer feature that encourages people to play the game with others, whether it be online with friends or sitting together which is important for young kids growing up as it helps them make friends and sustain relationships. It also helps them realize how important it is to be sociable when they are starting school or a new job.Although some could argue that video games can do children social harm as many children play there selves for many hours each day and rarely interact with their family or friends. They could also argue that video games can cause great physical harm. The physical harm can occur when the child spends long hours of concentration on fast movement or because of the screen flicker. Also when children play video games they sit in for long hours that in the long run will stunt their natural growth and damage their backbone.Video games are more commonly known as a hobby you do sitting down somewhere comfortable and relaxing but what most people fail to realize is that there are a new type of video game emerging that get you on your toes and exercising. These include such consoles as PlayStation Move, Xbox Kinect , Wii, etc. These devices are designed to keep you active while you game and can give you a good physical work out instead of playing seated, these kind of games also can give you a good mental work out as most games for these console require lots of problem solving and also help improve your hand eye co-ordination skills.However, there are some that would say playing videogames can cause mental and psychological harm. Their reasons for this are they believe that when playing video games, children do not apply much mental e ffort and believe that video games are not creative enough. This could lead to the child developing lazy mental habits and also being impatient as real life is not as fast as their game might be. There are also some that believe that children can become violent because they become habituated to the violence that occurs in some games they might play.

Eco Plastic Solution Essay

This case focuses on determination of the cost of capital for a firm. The student determines the cost of individual sources of financing, including long-term debt, preferred stock, and common stock. The cost of debt is adjusted for Eco Plastics’ 40% tax bracket. The company is considering a new financial structure, with the replacement of preferred stock financing with debt financing. Additional use of debt increases the common stockholders’ required rate of return. The student is asked to compare the two weighted average costs of capital and identify the better financial structure for Eco Plastics Company. a. Cost of debt: Proceeds from sale of $1,000 par value bond: $1,000 − (average discount & floatation costs) $1,000 − ($45 + $32) = $923 Subsequent payments: Interest payments ($1,000 Ãâ€" 0.105) + Par value Before-tax cost of debt N = 20, PV = $923, PMT = −105, FV = −1,000 Solve for I = 11.50% After-tax cost of debt: ri = rd (1-T) = 11.5% (1−0.4) = 6.9% b. Cost of preferred stock: rp = Dp à · Np = (0.095 Ãâ€" $95) à · ($95 – $7) = $9.02 à · $88 = 10.25% c. Cost of common stock: rj = RF + [bj Ãâ€" (rm − RF)] = 0.04 + [1.3 Ãâ€" (0.13 − 0.04)] = 0.04 + [1.3 Ãâ€" 0.09] = 0.04 + 0.1170 = 15.7% d. Weighted average cost of capital: ra = (wi Ãâ€" ri) + (wp Ãâ€" rp) + (ws Ãâ€" rn) = (0.30 Ãâ€" 0.069) + (0.20 Ãâ€" 0.1025) + (0.50 Ãâ€" 0.157) = 0.0207 + 0.0205 + 0.785 = 0.1197, or about 12% e. 1. Change in risk Premium: Change in beta Ãâ€" market risk premium = (1.5 − 1.3) Ãâ€" (0.13 − 0.04) = 0.2 Ãâ€" 0.09 = 0.018 Shareholders require 1.8% more per year New cost of common equity: rj = RF + [bj Ãâ€" (rm − RF)] = 0.04 + [1.5 Ãâ€" (0.13 − 0.04)] = 0.04 + [1.5 Ãâ€" 0.09] = 0.04 + 0.1350 = 17.5% Note: 17.5% − 15.7% = 1.8% 2. Revised weighted average cost of capital: ra= (wi x ri) + (ws x rn) = (0.50 Ãâ€" 0.069) + (0.50 Ãâ€" 0.175) = 0.0345 + 0.0875 = 0.1220 3. Eco Plastics’ CFO should retain the cheaper current financial structure. Replacing preferred stock financing with debt financing results in more risk to the stockholders. The increase in stockholders’ required rate of return is more than offsets the advantage of using the low cost debt. If Eco Plastics’ CFO were to revise the capital structure, share price would fall and shareholder wealth would not be maximized.

Why Do We Love Superheroes - Free Essay Example

Sample details Pages: 1 Words: 372 Downloads: 7 Date added: 2019/08/02 Category Culture Essay Level High school Tags: Superhero Essay Did you like this example? Do you like Deadpool? if you dont then you probably have another favorite Hero.In this story we will talk about why we are obsesed with Superheros.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   One reason we love Superheros according to www.debate.org is because we are obsessed with their power.Also acorrding to the slide share we americans are obsessed with heros because of their powers.For example when wonder woman went in to fight the Nazis and she singlehandedly rescued over 100 men.Another example is superman immigrated to earth and he was powerful that probably is the reason some people like superman. Another example is the black panther because he is rich,athletic,and powerful and again that is probably why most people like the black panther. Don’t waste time! Our writers will create an original "Why Do We Love Superheroes?" essay for you Create order   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Another reason why we love the myth gods of America is because they are always there when we need them.Acorrding to the circle map some americans like Superheros because they are always there during rough times. For example the black panther came to life when we had civil rights and people of color come into the comics.Another example is wonder woman because she was created during womans liberation. Another example is captain America when he fought and defeated hitler in the world war 2. Another example is when the x-men fought to be against society.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The reason I as a human are obsessed with Superheros is because they give me hope.Acorrding to myself I am obsessed with Superheros because they give me hope. For example when I was going through some negative times they gave me hope. Another example is when me and my cousin get in a fight we would stop in the middle of it and talk About our favorite Superheros and why their our favorite. Another example is when my siblings fight I would stop them and calm them down by talking about marvel characters. Another example is when people try to make fun of me I would just walk away and think about Superheros.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   We are obsessed with Superheros because they give us hope and we are obsessed with Superheros because of their power and because they are always there when we need them.That is the reason we are obsessed with Superheros.