Saturday, November 30, 2019

Kubrick Lives Essays - English-language Films, British Films

Kubrick Lives Kubrick Lives The theory of authorship as applied to film directors is a subject that is argued extensively throughout the film world. The auteur theory was first introduced in the French film journal Cahiers du Cinema. Andrew Sarris who suggested that there are a group of filmmakers who fit into this category brought the theory to America. It states that in order for a director to be considered an auteur, there must be a consistency of style and theme across a number of films. Very few contemporary filmmakers fit into this category. One filmmaker, however, expanded his filmography over four and a half decades, and created a consistent theme and style. That director was Stanley Kubrick. Kubrick was known as a very stylistic filmmaker, so a lot can be said about his film style. His use of music, however, remains the most prominent aspect of Kubrick's film style, especially as his career progressed. He was a master at using music to evoke feelings and create tension and confusion. The two most prominent examples of the power of music occur in A Clockwork Orange, and 2001: A Space Odyssey. The first of these two films, 2001, was created like a symphony. It had an overture at the beginning, a musical intermission, and an epilogue at the end. The classical work of Richard Strauss, ?Also Spach Zarathustra?, supplies the most recognizable and moving main title theme of the film. The use of this music as well as other classical works including the frolicky ?Blue Danube? by Johann Strauss gives the film a flowing quality that it wouldn't normally have. Most of the music is light in nature, which contradicts the mystery that is unfolding in space. The beautiful imagery is mat ched well with the images and the editing to provide an incredible viewing experience. In A Clockwork Orange, Kubrick does virtually the same thing with music, only in a darker way. In the film, Alex is given a treatment that will make him ill when confronted with violence or sex. Unfortunately for him, the films he is forced to watch are scored with Beethoven's ?Ninth Symphony?, which is Alex's favorite music. A sense of irony and empathy is created in that by Alex trying to take the easy way out, he is forced to give up the three things he loves most: sex, violence, and Beethoven. His love of music backfires on him once again with his crooning of the song ?Singin' in the Rain.? In one of his violent attacks he sings that song throughout the scene. Ironically, this same victim brings him in later in a time of need. He gives himself away by singing in the bathtub. Both of these films use popular music in unconventional ways, and this can be traced to other Kubrick films as well. Lol ita and Dr. Strangelove are the most noteworthy. Along with a distinctive style, Kubrick films tend to have some very definitive themes going on within them. One of the most prominent themes is his treatment of the protagonist. In conventional filmmaking, the protagonist tends to be the ?good guy?. In Kubrick's films, however, the main characters (always male) tend to be not very likeable. This theme can be seen in virtually every Kubrick film. In The Killing, the ensemble cast of characters is planning a heist, each with their own agenda. In Lolita, Humbert Humbert is an English ?gentleman?, oh and also a pedophile. A Clockwork Orange's Alex is a young, violent, uncaring product of society. The thing that Kubrick does, however, is play with the audience's morals and emotions. He attempts, sometimes successfully, to get you to empathize and sympathize with these miscreants of society. We feel sorry at some point for poor Humbert as his Lolita, the love of his life, is taken away from him. And Alex, poor Alex, he is a victim of the system and is ruined by the unorthodox treatment. We eventually come to our senses, but for a brief moment or longer, we become victims of Kubrick's manipulative filmmaking power. Another theme that creates a thread throughout his body of work is the duality of self. Often, Kubrick's protagonists are faced with incredible conflicts within themselves. They encounter

Tuesday, November 26, 2019

John Wilkes Booth;Americas In essays

John Wilkes Booth;Americas In essays John Wilkes Booth, a name that conjures up Americas most infamous assassin and killer of perhaps one of Americas greatest presidents, Abraham Lincoln. Born in 1838 on a farm near Bel Air, Maryland, John W. Booth grew up favoring the south and its way of life. Being a Southerner, Booth was in favor of slavery and was a stubborn racist. For this reason, his hatred for Lincoln was intense since Lincoln stood for everything Booth was against. He blamed Lincoln for all the problems America was suffering especially any that were felt by the Confederacy. By comparing the beliefs of John Wilkes Booth to those of Abraham Lincolns, one can come to a clear understanding of how the tragic night at the Fords Theatre came to be. Slavery was a huge part of America at the time and one of Lincolns main goals was to rid America of the slave system. Booth was a stubborn racist and completely supported the slave system. In one instance he was one of the armed men responsible to guard against any attempts of saving John Brown (an abolitionist who attempted a slave uprising) before hanging. Booths racism is perhaps one of the reasons that lead to the assassination of Lincoln. He felt that Lincolns beliefs were outrageous and that he was out of proportions. "This country was formed for the white not for the black man. And looking upon African slavery from the same stand-point, held by those noble framers of our Constitution, I for one, have ever considered it, one of the greatest blessings (both for themselves and us) that God ever bestowed upon a favored nation." John Wilkes Booth, November, 1864, in a letter to his brother-in-law.1 Through Booths letter, it is evident that his racism and hatred for the blacks was extreme. He states that America was for the whites not the blacks and thus, he is in absolute favor of the slave system. For this reason, Booth yearned to get rid of Lincoln by any means ...

Friday, November 22, 2019

Definition and Examples of Linguistic Prestige

Definition and Examples of Linguistic Prestige In sociolinguistics, linguistic prestige is the degree of esteem and social value attached by members of a speech community to certain languages, dialects, or features of a language variety. Social and linguistic prestige is interrelated, notes Michael Pearce. The language of powerful social groups usually carries linguistic prestige; and social prestige is often granted to speakers of prestige languages and varieties (Routledge Dictionary of English Language Studies, 2007). Linguists draw important distinctions between overt prestige and covert prestige: In the case of overt prestige, the social valuation lies in a unified, widely accepted set of social norms, whereas with covert prestige the positive social significance lies in the local culture of social relations. It is, therefore, possible for a socially stigmatized variant in one setting to have covert prestige in another (Walt Wolfram, Social Varieties of American English, 2004). Examples and Observations: Linguistic prestige is directly associated with power. As [Thomas Paul] Bonfiglio (2002:23) puts it, There is nothing in the particular language itself that determines its worth: it is the connection of the language in question to the phenomena of power that determines the value of that language and that contributes to the standardization process.(Gerard Van Herk, What Is Sociolinguistics? Wiley-Blackwell, 2012) Old English certainly had words for language and female and face, and we could perfectly well have carried on using them [after the Norman invasion], but the much greater prestige of French induced many English-speakers to introduce French words into their speech in the hope of sounding more elegant. This attitude is always with us: French no longer enjoys quite the prestige it once had, but you may perhaps know someone who cannot resist spattering his English speech or writing with such French words and phrases as au contraire, joie de vivre, au naturel, fin de sià ¨cle and derrià ¨re. (R.L. Trask, Language: The Basics, 2nd ed. Routledge, 1999) Prestige in Grammar In grammar, most prestige forms are related to prescriptive norms of standardness or even literary norms. For example, the use of whom in Whom did you see? or the placement of never at the front of the sentence Never have I seen a more gruesome sight might be considered prestige variants in some social contexts. Apart from these somewhat special cases, it is difficult to find clear-cut cases of prestige variants on the grammatical level of language, particularly in the grammar of ordinary informal conversation...For present-day American English, it is clear that the vast majority of socially diagnostic structures exist on the axis of stigmatization rather than the axis of prestige.(Walt Wolfram, Social Varieties of American English. Language in the USA: Themes for the Twenty-First Century, ed. by Edward Finegan and John R. Rickford. Cambridge University Press, 2004) Overt and Covert Prestige A standard dialect speaker of English who intentionally switches to use of social markers such as aint and he dont is said to seek covert prestige. Such prestige is covert because its elicitation will often not, if successful, be consciously noted.Deliberate (as opposed to instinctive) use of taboo words such as fuck and shit, usage which tends to characterize male more than female speech, may also seek covert prestige, but the strength of these as social markers makes this more difficult to achieve. In a contrasting register, one uses unusually formal non-vernacular forms in vernacular contexts. For example, one will ordinarily say Its me to the question Who is it? asked by a familiar interlocutor, but, when asked the same question by one from whom one seeks prestige, the same speaker may say It is I. Similarly, except after prepositions Americans ordinarily say who in preference to whom: Who did you ask?, not Whom did you ask?  but in some circumstances, the latter may be substituted. Such usage is said to seek overt prestige because the often dubious prestige one gets from such usage is ordinarily consciously noted, hence overt. One may use jargon similarly seeking overt prestige, saying, for example, semantics when nothing more than ordinary meaning is intended.(Grover Hudson, Essential Introductory Linguistics. Blackwell, 2000) Labov on Prestige and Gender [American linguist William Labov developed] three principles regarding the linguistic behavior of men and women: 1. For stable sociolinguistic variants, women show a slower rate of stigmatized variants and a higher rate of prestige variants than men (Labov 2001: 266)2. In linguistic change from above, women adopt prestige forms at a higher rate than men (Labov 2001: 274)3. In linguistic change from below, women use higher frequencies of innovative forms than men do (Labov 2001: 292) Ultimately, Labov formulates the corresponding Gender Paradox: Women conform more closely than men to sociolinguistic norms that are overtly prescribed, but conform less than men when they are not.(Labov 2001: 293) All these principles and the Gender Paradox itself appear to be fairly robust findings with almost universal applicability in contemporary sociolinguistics...[E]very language period and every language community must be investigated independently and in its own right (pace Jardin 2000). The actual concepts and functions of class, gender, networks, and, most importantly, norms, standards, and prestige, differ radically in different communities.(Alexander Bergs, The Uniformitarian Principle and the Risk of Anachronisms in Language and Social History. The Handbook of Historical Sociolinguistics, ed. by Juan M. Hernndez-Campoy and Juan Camilo Conde-Silvestre. Wiley-Blackwell, 2012) Prestige, Status, and Function What do we mean by status and function? The two terms are often confused with one another and also with another term, prestige. Basically, the essential difference between prestige, function, and status is the difference between past, present, and future. The prestige of a language depends on its record, or what people think its record to have been. The function of a language is what people actually do with it. The status of a language depends on what people can do with it, its potential. Status, therefore, is the sum total of what you can do with a languagelegally, culturally, economically, politically and, of course, demographically. This is not necessarily the same as what you do with the language, although the two notions are obviously related, and indeed interdependent. They can also be connected with the prestige of a language. Let us illustrate the differences. Classical Latin has had a lot of prestige but it has few functions. Swahili has a lot of functions, but little presti ge. Irish Gaelic has status, official status, but few exclusive functions.(William F. Mackey, Determining the Status and Function of Languages in Multinational Societies. Status and Function of Languages and Language Varieties, ed. by Ulrich Ammo. Walter de Gruyter, 1989)

Wednesday, November 20, 2019

Essential data Essay Example | Topics and Well Written Essays - 2500 words

Essential data - Essay Example annual sales of SVL 12†, 15† and 19† flat screens of computers, the chart shows that the annual sale of Type C screens that are 19† are greater than sales of type B and type a it is obviously because the 19† screens are expensive than 12† and 15†. The correlation is one of the most common and most useful statistics. A correlation r is a single value that explains the degree of relationship among two variables. Correlation value r will always be between -1.0 and +1.0, if the correlation is negative, we have a negative relationship; if its positive, the relationship is positive. Here we have the correlation value r = -0.786 and the scatter plot shows a negative association between distance of SVL outlet and the Total sales in SVL outlets, it means the sales in SVL outlets that are near to high streets is more than in those outlets that are far from the high street. The correlation value r = 0.772 and the scatter plot shows a positive association between average monthly advertising expenditure and the Total sales in SVL outlets, it means the sales in SVL outlets increases with the expenditure on advertising. Regression investigates the dependence of one variable conventionally called the dependent variable on one or more variables called independent variable and provide an equation to be used for estimating or predicting the average value of the dependent variable from the known values of independent variable. Where, Y is the predictor, X is the predictor, â€Å"a† is the value of Y when X equals zero and is called Y-intercept, and â€Å"b† indicates the changes in Y for a unit change in X and is called the slope of the line and â€Å"e† is an error term having a normal distribution with mean of zero and standard deviation ÏÆ' (Fisher, 1922). We estimate â€Å"a† by â€Å"a†, â€Å"b† by â€Å"b† and â€Å"ÏÆ'† by â€Å"s†. The fitted equation is then: If we have P-value < ï  ¡ then we have to reject our hypothesis, from ANOVA table of regional location and

Tuesday, November 19, 2019

Belks and Goffmans Theories of Extended Self Essay

Belks and Goffmans Theories of Extended Self - Essay Example Emphasising on this particular issue, the discussion henceforth will be based on analysing self-concept from the perspective of Belk and Goffman. Belk’s Theory of Extended Self Belk’s advancement of extended self has been argued to render an innovative viewpoint regarding the study of self in consumer behaviour. Contextually, the theory of ‘extended self’ has provided a valuable motivation in the acknowledgement of requirement to extend the understanding of consumer behaviour beyond the traditional limitations of individuals as mechanical consumers of goods. According to Belk, possessions reflect the personality of possessor and sequentially these possessions contribute to the individuality (Belk, 1988). Goffman’s Theory of Self As affirmed in his theory of self, Goffman believed that every participant in social interactions is engaged in certain activities in order to avoid being embarrassed or embarrassing others. Goffman further observed that the connection between the type of activities which people usually conduct in their regular life and theatrical performances determine their identity and behavioural pattern. He believed that when individuals come in communication with other people, they intend to control or direct the impression by shifting their situation (Barnhart, n.d.). Analysis Blog 1: â€Å"Migration to Mobile I - How is Consumer Behaviour Changing?† The blog is based on the understanding of consumer behaviour towards purchasing mobile phones. The explanation depicted that in mobile phone market, consumer behaviour is highly impacted by the attributes of ‘extended self’. Mobile phone, as a possession can reflect the personality of possessor which in turn influences the purchasing behaviour of the potential customers. Furthermore, with respect to the Goffman’s theory, the social communication also tends to influence the purchase of products like mobile ph ones (Strategysmm, 2013). Blog 2: â€Å"Consumer Behaviour on Tattoos† The blog deals in learning the behaviour of consumers

Saturday, November 16, 2019

City Pollution Essay Example for Free

City Pollution Essay 1. Describe how the use of a tall smoke stack might improve air quality near a large industrial facility. A taller smoke stack in an industrial area would improve air quality over shorter stacks. At night, when there is a temperature inversion, pollution from shorter stacks can become trapped and cannot rise any higher than the inversion’s top. The only place it can go is to spread out horizontally in all directions. This keeps all the pollutants spewing out of the stack to remain closer to the ground, lowering the air quality. A taller stack, on the other hand, would allow pollution exit above the inversion and disperse downwind. 2. How can topography contribute to pollution in a city or region? Topology can have a great impact on pollution in a region. We tend to build cities down in valleys, not on hills. Above a layer of cold air in the valleys is a warmer layer. This warm layer prevents pollution from rising which creates a layer of smog in the valley. The hills surrounding the valley act as barriers preventing winds from moving in to disperse the pollution. The same polluted air just recirculates in the valley unable to leave. 3. From where do hurricanes derive their energy? What factors tend to weaken hurricanes? Would you expect a hurricane to weaken more quickly if it moved over land or over cooler water? A hurricane’s energy comes from the transfer of both sensible and latent heat from the surface of the ocean. A cluster of thunderstorms must form around an area of low pressure for a hurricane to form. Warm water drives a hurricane, so when it moves over an area of colder water it slows down and begins to decay. A rising wind shear aloft also hinders a hurricanes momentum. Land does weaken more quickly when it makes land fall. The terrain tends to break up its wind movements, slowing it rapidly. Land also helps to suck the moisture out of the storm which further aids in its rapid decay. 4. Where is the Bermuda high located during the summer and fall? How might the path of a hurricane, moving toward the west from Africa, be affected by the Bermuda High as the hurricane approaches the United States? The Bermuda high is located in the North Atlantic Ocean and moves east and west depending on the season. In summer and fall it is located off the eastern coast of the United States, near Bermuda. In spring and winter it moves eastward and then becomes known as the Azores High. In summer and fall when there is a weak Bermuda high, it drives hurricanes up the east coast of the US. When it is stronger and located further westward, it drives hurricanes into Florida or the Gulf of Mexico. 5. How do you think pollutants are removed from the atmosphere? Does this occur quickly or slowly? Trees and plants play a large role in cleaning pollutants in out atmosphere. They trap pollutants in and release clean oxygen for us to breath. Planting more trees in a polluted industrial area can improve local air quality. Other pollutants can be carried by winds and simply settle and seep into the ground. They can also attach to water vapor, which then falls to the ground as precipitation. This is commonly referred to as acid rain. These processes do happen slowly. We, as a planet, are spewing more pollutants in the air than these natural process can handle, which has led to an ever increasing ozone layer. References Ahrens, C. D. (01/2014). Essentials of Meteorology: An Invitation to the Atmosphere, 7th Edition [VitalSource Bookshelf version]. Retrieved fromhttp://online.vitalsource.com/books/9781305439733

Thursday, November 14, 2019

The Blue Whale Essay -- essays research papers

The Blue Whale   Ã‚  Ã‚  Ã‚  Ã‚  Balaenoptera Musculus, or the blue whale, is the largest mammal in the world. This enormous mammal can grow to be 110 feet long and weigh as much as 190 tons. That's longer than two city buses and the total weight of 30 elephants. This giant is powered by a heart the size of a taxi-cab. The blue whale's of the Antarctic grow larger than those of the Northern Hemisphere. Also, the females tend to be slightly larger than the males of the same age. These mammals are bluish-gray in color, with some paler spots. Algae tends to accumulate on their bellies causing a yellowish or mustard color. It has a mottled appearance with a broad, flattened U-shaped head. Fifty to ninety throat grooves run from the mouth to the belly. Instead of teeth, blue whales have 270 to 400 black baleen plates on each side of their mouths. These plates are about forty inches long and twenty-two inches wide. The blue whale has a tiny, stubby dorsal fin set far back on its body. It has a 20 foot wide, slightly notched, triangular flukes, which is propelled by an extremely thick tail stock. The flippers on this creature are long and slender, and are about one-seventh of the whale's body length. The blue whale's most prominent feature is its exceptionally fleshy splashgaurd, which surrounds the blowholes at the front and sides. This whale spouts a single slender jet that soars forty to fifty feet high.   Ã‚  Ã‚  Ã‚  Ã‚  The blue whale has very poor eyesight, no sense of smell, and has no sense of taste. However, the blue whale does have well-developed senses of touch and hearing. This large mammal has a life span of about eighty years.   Ã‚  Ã‚  Ã‚  Ã‚  At this time there is not too much known about the blue whale's behavior. Blowing and diving patterns vary according to the whale's activity. The blue whale blows every ten to twenty seconds for a total of two to six minutes, when relaxed, and then dives. They usually stay submerged for five to twenty minutes, but can stay under for up to 40 minutes. Blue whale's usually dive to around 490 feet, but can go deeper if need be. When swimming slowly, the whale rises at a shallow angle. He blows as soon as the head begins to brake the surface. The head disappears below the surface and a long expanse of the back rolls into view. The dorsal fin normally appears some time after the... ...ws about blue whales coming from the rest of the world's oceans. California waters may now represent some of the most critical large whale habitats in the world. Bibliograpghy 1.  Ã‚  Ã‚  Ã‚  Ã‚  Boitani, Luigi and Bartoli, Stefania 1983. Simon and Schuster's Guide to Mammals. NewYork: Simon & Schuster Inc., p.237. 2.  Ã‚  Ã‚  Ã‚  Ã‚  Singing Blues for the Blues. U.S. News and World Report, July 3, 1989 vol 107, n 1; pp.8 and 9. 3.  Ã‚  Ã‚  Ã‚  Ã‚  Leatherwood, Stephen and Reeves, Randall 1983. The Seirra Club Handbook of Whales and Dolphins. San Francisco: Seirra Club Books, pp. 47-51. 4.  Ã‚  Ã‚  Ã‚  Ã‚  Sattler, Helen Roney 1987. Whales, the Nomads of the Sea. New York: Lothrop, Lee and Shepard Books; pp. 17, 28, 62-63. 5.  Ã‚  Ã‚  Ã‚  Ã‚  Carwardine, Mark 1985. Whales, Dolphins, and Porpoises. New York: Dorling Kindersley Publishing, Inc., pp.68-71. 6.  Ã‚  Ã‚  Ã‚  Ã‚  Lockley, Ronald M. 1979. Whales, Dolphins, and Porpoises. NewYork: W.W. Norton and Co., Inc. p. 88. 7.  Ã‚  Ã‚  Ã‚  Ã‚  Baskin, Yvonne. Blue Behemoth Bounds Back. Bio Science, October 1993, vol 43, n 9; pp. 603-606.

Monday, November 11, 2019

Management Consultancy – Solutions Manual Chapter 19

MANAGEMENT CONSULTANCY – Solutions Manual CHAPTER 19 SOURCES OF INTERMEDIATE AND LONG-TERM FINANCING: DEBT AND EQUITY I. Questions 1. The bond agreement specifies such basic items as the par value, the coupon rate, and the maturity date. 2. The priority of claims can be determined as follows: senior secured debt, junior secured debt, senior debenture, subordinated debenture, preference shares, ordinary shares. 3. Bond conversion. 4. The advantages of debt are: a. Interest payments are tax deductible. b. The financial obligation is clearly specified and of a fixed nature. . In an inflationary economy, debt may be paid back with cheaper pesos. d. The use of debt, up to a prudent point, may lower the cost of capital to the firm. The disadvantages are: a. Interest and principal payment obligations are set by contract and must be paid regardless of economic circumstances. b. Bond indenture agreements may place burdensome restrictions on the firm. c. Debt, utilized beyond a given po int, may serve as a depressant on outstanding ordinary shares. 19-1 Chapter 19 Sources of Intermediate and Long-term Financing: Debt and EquityII. Multiple Choice 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. D D D B A C C E D B C D D A D 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. D C B A C A C B B B A A C C B 31. 32. 33. 34. 35. 36. 37. 38. 39. 40. 41. 42. 43. 44. 45. A C D A C C A A D C C A D B C Supporting computations: 16. Px = where Px Po N S = = = = value of a share5 (Po x N) + ex-rights market value of share rights-on N + 1 number of rights required to purchase one share subscription price per share Hence, Px = = = P72 360 (P75 x 4) + P60 5 the term loan: 5 18.The following schedule applies for Beginning Balance P5000 Interest x (1 – Tc ) P195 19-2 Principal Payment P1000 Ending Balance P4000 Year 1 Sources of Intermediate and Long-term Financing: Debt and Equity Chapter 19 2 3 4 5 4000 3000 2000 1000 156 117 78 39 1000 1000 1000 1000 3000 2000 10 00 -0- The present value of interest after taxes at 12% is calculated to be P453. 49. 19. After the tax benefit, the annual cost of leasing is P1,400 (1 – . 35) = P910. The present value annuity factor for four years at 12% is 3. 0373.The present value cost of the lease is the cost of the first payment plus the present value of the four future payments, or P910 + P910 (3. 0373) = P3,673. 94. 20. The present value annuity factor for five years at 12% is 3. 6048. Therefore, the present value of principal payments is P1,000 (3. 6048) = P3,604. 80. The present value cost of the purchase option is the present value of principal payments or P3,604. 80 plus P453. 49 which equals P4,058. 29. III. Problems PROBLEM 1 (CAM FURNITURE COMPANY) a. Proposal 1: 10 year 12 percent bonds CAM FURNITURE COMPANY 19-3Chapter 19 Sources of Intermediate and Long-term Financing: Debt and Equity Income P30,000 Statement For the Year Ended December 31, 2005 3* Estimated sales levels Sales†¦Ã¢â‚¬ ¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. P400,000 P600,000 P800,000 540,000 720,000 Operating costs †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 360,000 Operating income †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 40,000 60,000 80,000 14,000 14,000 Interest charges †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 14,000 Net income before taxes †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 26,000 46,000 66,000 23,000 33,000 Income taxes †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 3,000 P 23,000 P 33,000 Net income†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. P 13,000 Outstanding shares = = 10,000 * EPS (P36 market value – price earnings ratio of 12) Earnings per share P1. 30 Price-earnings ratio 10 times Estimated market value P100,000 P13 33 – 1/3 Proposal 2: Ordinary share issue to yield P33-1/3 P2. 30 10 times P23 P3. 30 10 times P33 CAM FURNITURE COMPANY Income Statement For the Year Ended December 31, 2005 Sales†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Operating costs †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Operating income †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..Interest charges †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Net income before taxes †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Income taxes †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Net income†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. Outstanding shares = Estimated sales levels P400,000 P600,000 P800,000 540,000 720,000 360,000 40,000 60,000 80,000 2,000 2,000 2,000 38,000 58,000 78,000 29,000 39,000 19,000 P 29,000 P 39,000 P 19,000 + 10,000 = 13,000 shares Earnings per share Price-earnings ratio Estimated market value P1. 46 12 times P17. 52 19-4 P2. 23 12 times P26. 76 P3. 00 12 times P36. 00Sources of Intermediate and Long-term Financing: Debt and Equity Chapter 19 b. Within the c onstraints of this problem, two possible objectives emerge: profit maximization as measured by earnings per share and wealth maximization as measured by the price of the ordinary shares. If profit maximization is used, the firm should choose to finance the new product by selling bonds, since earnings per share is higher for each of the three levels of sales. On the other hand, wealth maximization would require the sale of new ordinary shares because share price is higher at each sales level.Wealth maximization is the preferred criterion for financial decision making. Unlike profit maximization, it represents a measure of the total benefits stream to be enjoyed by the shareholders, adjusted for both the timing of benefits and the risk associated with the receipt thereof. A criterion that ignores these two important determinants of value cannot be expected to provide a proper guide to decision making. Because wealth maximization is the preferred objective, the sale of ordinary shares is the recommended financing technique. c.Proposal 2 would still be the choice, because the market value remains above that of Proposal 1. The difference is getting smaller, however, which means that Proposal 1 would become attractive if sales reached a higher level (approximately P1. 6 million). d. The investment banker would suggest that lower price-earnings ratio with debt financing is a reflection of the greater returns demanded by shareholders in compensation for the variability in earnings and higher risk of bankruptcy created by the fixed commitment to pay debt interest and principal.PROBLEM 2 (FAYE INDUSTRIES, INC. ) Faye Industries Inc. Pro Forma Consolidated Income Statement Including Earnings per Common Share and Return on Average Common Shareholders’ Equity For the Year Ending November 30, 2006 (P000 omitted except per share amounts) (1) Issuing (2) Selling Long-term Preference (3) Selling Ordinary 19-5 Chapter 19 Sources of Intermediate and Long-term Financing: D ebt and Equity Bonds P12,978 1,273 1,530 2,083 10,175 4,070 6,105 Shares P12,978 1,273 1,273 11,705 4,682 7,023 1,658 5,365 55,028 P60,393 Shares P12,978 1,273 1,273 11,705 4,682 7,023Earnings before interest and taxes Interest on Current debt (P13,395 x 9. 5%) Alternative 1 (P15,300 x 10%) Total interest Income before income tax Income taxes (40%) Net income Preference share dividends (P15,300,000 P120) x 13% Earnings available to common shareholders Add: Common shareholders’ equity December 1, 1999 Equity financing Common shareholders’ equity November 30, 2000 Average common shares outstanding (in thousands) December 1, 1999 balance Additional issued December 1 Total (and average) shares outstanding Pro forma earnings per share (P6,105 P0) 26,330 (P7,023 P1,658) 26,330 (P7. 23 P0) 33,980 6,105 55,028 P61,133 7,023 55,028 15,300 P77,351 26,330 26,330 26,330 26,330 26,330 7,650 33,980 = = = P0. 2319 P0. 2038 P0. 2067 Estimated return on average common shareholders†™ equity P6,105 [(P55,028 P61,133) 2] = P5,365 [(P55,028 P60,393) 2] = P7,023 [(P70,328 P77,351) 2] = 10. 51% 9. 30% 9. 511% 19-6

Saturday, November 9, 2019

Green marketing Essay

With the rise of growing consciousness for environmental protection, people are now becoming more less-sensitive with price premiums as long as they earn the benefits of these eco-products. This environmental concern revolution has begun to also uncover the various factors that enable consumers to purchase these specially-packaged products. This stage was able to assess the following: (a) price sensitivity issues, (b) package convenience, (c) environmentally-concerned, and symbolic environmentally-concerned aspects of the individual which are depicted in the results made by the Mintell Poll in Great Britain. From the study of the poll, a considerable number of people are concerned on putting value in the process of packaging of these bio products. See the following for the results The rise of green marketing Peattie (2005:357) It was only during the 1980’s when people start to speak about green marketing. Almost suddenly, consumption of the greenest products and health consciousness came to be the talk of the town. Like any new phenomena, it was soon the topic of the marketing research of most firms. With this awareness of the green market, companies have reverted to environmentally-friendly modes of production and operations. However, there also came to a point when this green marketing was only about selling, and that the green aspect was all a disguise. Legislations and other policies rose to halt this growing and gnawing concern. Redefinition of green marketing A number of marketing processes have been enumerated to reshape the approach of this market, as follows:   a redefinition of the product which encompasses the means of production and distribution. A willingness to change markets as well as changing products as a sustainable economy will require more than new product developments   an emphasis on benefits from product use to show the joys of product ownership   marketing communication that aims to inform rather than impress a focus beyond current customer needs   a willingness to manage demands and expectations   an emphasis on costs rather than price   taking more responsibility on consumer and societal welfare Most firms have long been focused on selling and just making profits, whereas the customer has always been into the marginal interests. Since the birth of green marketing, consumers have favored this product, and thus the producers or the firm has to follow this lead. This would work in a world of entirely marketing oriented firms, but neglects mostly the internal environment. Changes in Medicine / Bio-cosmetics Akoh (2004:513) We have clearly presented our views and thorough research in the previous sections and will now give light to the other side of bio-cosmetics – the various changes in medicine that may help or hamper the lives of the individuals using these products. Innovation in medical treatments in terms of technological-use or through the minimally invasive techniques (MIT) prompted the way for advancements to significantly reduce pain, recovery time, and even hospital stays with marked improvements in cosmetic outcome and overall cost effectiveness. Bio-cosmetics for one, has enabled practicing surgeons to aid their treatments with the latest surgical cares that will serve as a catalyst to one’s full recovery. Yaron Munz (2004:223) MITs were used in a wide range of procedures long before they were applied to surgery, but only then did they become exposed to the general public. Through the close collaborations of innovative surgeons and technologists, MIT was rapidly advanced in the society. Conrad (2005:3-14) Since 1980’s profound changes happened in the field of medicine that have created a huge impact in health conditions. Patients started to become more knowledgeable and involved in the medical information on various treatments even in choosing their health insurance policies and in seeking out medical services. The biotechnology industry in particular has their ups and downs but it definitely gave birth to a promising future that may indeed revolutionize healthcare. Such products of these dynamic changes are the bio-products, such as bio-cosmetics. Bio-cosmetics Ethics Todd (2004:86) In line with the field of an innovative scene in biotechnology, environmental ethics and eco-marketers come together to reinstate the status of these bio-products to garner consumer appeal and make them realize the importance of being socially-involved and responsible. So the question arises, in an era where eco-friendly is hip, how do we infuse ethics and product aesthetics? Ethics simply realizes and acknowledges the fact that these bio products, specifically bio-cosmetics targets the image of beauty related to health and not marked by politics. However, not everyone seems to be pleased with all these biotechnological advancements as these groups believe that these cosmetics, drugs or other bio-products have the potential of threatening the â€Å"soul† or â€Å"dignity† of the person given the extent of effect it impacts the one who intakes. Although these are not sufficiently backed-up by scientific evidences, still the concern or the argument is present. Judgments regarding these agents or products still rely heavily on the ethical principles of both the buyers and the sellers. Holtug (1999:4) In ethics, it is also important to note that in the process of considering the usage of these bio-products for medicinal purposes, we should also draw the line between enhancing or treating. What is indeed the distinction between the two that justifies the use of these products or agents? Treatment can be referred to as an intervention that aims to cure a disease or an ailment. Enhancements on the other hand, do not attempt to cure a disease or reduce its effects. Therefore, the question on whether one should enhance or treat a person is touching on the ethical composition of the individual. With the pool of genes in a person, in the community and in the world, how can one identify which feature or trait should be eliminated or enhanced through medical interventions? How is it being determined? How are people with these inequalities being compensated for their state of difference? At the end of the day, how will it also affect the social attitudes of those undergoing medical treatments or enhancements?

Thursday, November 7, 2019

The Triangle Shirtwaist Factory Fire

The Triangle Shirtwaist Factory Fire At the Triangle Shirtwaist Factory in Manhattan, somewhere around 4:30 p.m. on Saturday, March 25, 1911, a fire began on the eighth floor. What started the fire has never been determined, but theories include that a cigarette butt was thrown into one of the scrap bins or there was a spark from a machine or faulty electrical wiring. Most on the eighth floor of the factory building escaped, and a phone call to the tenth floor led to most of those workers evacuating. Some made it to the roof of the next door building, where they were later rescued. The workers on the ninth floor with only a single unlocked exit door did not receive notice, and only realized something was wrong when they saw the smoke and flames that had spread. By that time, the only accessible stairwell was filled with smoke. The elevators stopped working. The fire department arrived quickly but their ladders did not reach to the ninth floor to allow escape by those trapped. The hoses didnt reach adequately to put out the flames quickly enough to save those trapped on the ninth floor. Workers sought escape by hiding in dressing rooms or the bathroom, where they were overcome with smoke or flame and died there. Some tried to open the locked door, and died there of suffocation or the flames. Others went to the windows, and some 60 of them chose to jump from the ninth floor rather than die from the fire and smoke. The fire escape was not strong enough for the weight of those on it. It twisted and collapsed; 24 died falling from it, and it was not of use to any others trying to escape. Thousands of spectators gathered in the park and streets, watching the fire and then the horror of those jumping. The fire department had the flames under control by 5 p.m., but when firefighters entered the floors to continue to bring the smouldering fire under control, they found charred machines, intense heat and bodies. By 5:15, they had the fire completely under control and 146 had died or suffered injuries from which theyd die shortly. Triangle Shirtwaist Factory Fire: Index of Articles Quick Overview of the Triangle Shirtwaist Factory Fire1911 - Conditions at the Triangle Shirtwaist FactoryThe 1909 Uprising of the Twenty Thousand  and the 1910 Cloakmakers Strike: background​After the Fire: identifying victims, news coverage, relief efforts, memorial and funeral march, investigations, trialFrances Perkins and the Triangle Shirtwaist Factory Fire Related: Josephine GoldmarkILGWUWomen’s Trade Union League (WTUL)

Monday, November 4, 2019

Big Fish

The father would tell a story to his son about his life. However, his son thinks his father is full of lies. It brings the conflict between reality and fiction. In Southern Gothic, it doesn’t matter because it combined reality and fiction into one story. Although, it is hard to see the reality behind it because in the movie, the father make up a lot of stuff even though it is almost true. Imprisonment is found in The Big Fish, because the father is imprisoned in his room and in the hospital. Also, the villiage kept all of its people until Ed left the villiage. Those people could’ve been there for years because they love their home so much. The giant was in his cave because he was shunned and feared by the people until Ed befriended the giant. Imprisonment is found in Southern Gothic, and is in found in the story as well. Supernatural is everywhere in The Big Fish, because there was a woman who turned into a fish during the movie. The twins were conjurned but at the end they were serparated. Also, the giant was a huge person who was isolated for a long time. The circus was filled with strange people. Even the headmaster is a wolf at night, and The Eye shows a person’s future death. Also, the way the son was born was very There was a lot of supernatural involved with the movie. Freakiness is all around in the movie, because the villiagepeople had no shoes nor socks on. They walked around barefoot. Even the father was telling a story with his wild imaginations. He even made his death the way he saw in The Eye. He accepted his death from the beginning he saw his death. The father never once freaked out but rather looking foward to the day he dies. Everyone was there at his funeral. By everyone he knows in his life showed up for his funeral. Big Fish The father would tell a story to his son about his life. However, his son thinks his father is full of lies. It brings the conflict between reality and fiction. In Southern Gothic, it doesn’t matter because it combined reality and fiction into one story. Although, it is hard to see the reality behind it because in the movie, the father make up a lot of stuff even though it is almost true. Imprisonment is found in The Big Fish, because the father is imprisoned in his room and in the hospital. Also, the villiage kept all of its people until Ed left the villiage. Those people could’ve been there for years because they love their home so much. The giant was in his cave because he was shunned and feared by the people until Ed befriended the giant. Imprisonment is found in Southern Gothic, and is in found in the story as well. Supernatural is everywhere in The Big Fish, because there was a woman who turned into a fish during the movie. The twins were conjurned but at the end they were serparated. Also, the giant was a huge person who was isolated for a long time. The circus was filled with strange people. Even the headmaster is a wolf at night, and The Eye shows a person’s future death. Also, the way the son was born was very There was a lot of supernatural involved with the movie. Freakiness is all around in the movie, because the villiagepeople had no shoes nor socks on. They walked around barefoot. Even the father was telling a story with his wild imaginations. He even made his death the way he saw in The Eye. He accepted his death from the beginning he saw his death. The father never once freaked out but rather looking foward to the day he dies. Everyone was there at his funeral. By everyone he knows in his life showed up for his funeral.

Saturday, November 2, 2019

Training and Development Research Paper Example | Topics and Well Written Essays - 1000 words - 1

Training and Development - Research Paper Example For example, if a sales agent values success in the form of promotion and commission on sales as the most important objectives and also considers that a particular sales training program will help him achieve this objective, his expectancy for the training program will be increased and the outcome valence will also be valued. Hence, the agent will perform through an extra effort in the training session and will therefore succeed in it. For the company, the case of this sales agent will be very beneficial as the improved performance of the sales agent will also boost up the sales figures of the company. The benefits that the company can gain from applying this theory are humongous as the company will not only succeed in the short run with the performance boost of the employee but will also keep on reaping benefits from his performance until he leaves the company (National Research Council, 1998). Thus, it is quite evident that there are phenomenal benefits for the company, as well as the employees, if Expectancy theory is applied to the job roles and trainings for the employees. In order to implement the theory practically, the human resources department of the company has to come up with certain measures that would ensure a systematic procedure for carrying out the process required. The human resources department of the company should first clearly identify the ultimate goals that the company wants to achieve in the long run. After clearly identifying the long term objectives of the company and of the relevant department, the concerned authorities will have to identify the goal performances that are needed from the employees to ensure their success. The department has to be specific about the performance requirements and the feasible activities because with the already burdensome job criteria’s, the employees are usually reluctant to take part in the new initiatives. To ensure the optimal motivational levels of the employees, the human resource people sh ould sort all the possible training and performance tasks and come up with a few selected performance measures. Once the required tasks are selected, then the concerned people will have to launch an extensive awareness campaign for the employees (Human Performance Journal, 2002). The awareness campaign should appeal to the employees and show them how much, opting for the desired initiatives will benefit their individual positions. While, promoting the benefits the members should keep in mind how much the employee values certain things. They need to consider whether the certain employee aspires, position, pay raise, allowances, benefits and perks, involvement in projects, or success in initiatives. And depending on their preference, the concerned persons shall have to approach them and change their attitudes towards the initiative. Then the department has to set up platforms through which they can communicate the same objectives to the employees. These mentioned steps will help the e mployees in correlating their efforts to the benefits, and help them analyse the opportunity an optimistic manner. This initiative of the department will motivate the employees in opting for the initiative and benefiting themselves as well as the company in the long run (Noe, 1999). However, the scenario of implementation requires certain key measures