African American Poems The Poetry Of Langston Hughes

Langston Hughes was one of the African Americans, who embraced and uplift his own culture during the Harlem Renaissance (New Negro Movement). As an African American female, Hughes is my favorite poet because his poems talk about what was happening then. They were issues that needed to be addressed and not hidden. I decided to visualize myself as Langston Hughes, and asked if I was him, what reason would I have to write these poems? What am I trying to tell my audience? The reason is simple. My answer is, â€Å"I am American too. I am not just someone you can treat poorly just because you do not like my skin. I have a dream and in due time, it will come true.† Hughes poems all had an implied dream on acceptance, equality, and had encouragement†¦show more content†¦Even though it is being ignored, it is still in the minds of African Americans. Langston ask, â€Å"Does it dry up/ like a raisin in the sun (Hughes 2-3)?† it is a simile referring to the dream being e xciting when new like a grape but later becomes frustrating and overdue like a raisin. In this last stanza: Maybe it just sags Like a heavy load. Or does it explode? (Hughes 9-11) he is stating that the dream stays on the mind of African-Americans like a heavy load, and will explode into a social conflict in America, which created the Civil Rights Movement. The poem â€Å"Theme for English B† reflects on Hughes being the only black student in his class. The instructor gave the students an assignment to write a paper about themselves. He states, â€Å"Well I like to eat sleep, drink, and be in love. / I like to work, read, learn, and understand life,† (Hughes 21-22). These are simple things right. Things that everyone likes to do. He was making a point that just because he is black, his likes and dislikes are the same as any other race, which he states, â€Å"I guess being colored doesn’t make me not like/ the same things other folks like who are other races,† (Hughes 25-26). This poem reflects more on Identity. He is calling out the things that makes them similar, yet they are categories as somethin g different. But why is that? What makes them different other than theShow MoreRelatedEssay on Langston Hughes a Harlem Renaissance Man1463 Words   |  6 Pages The beginning of the 20th century many African Americans migrated from the south to the north in what we call today, the Great Migration. Many African Americans found themselves in a district of New York City called Harlem. The area known as Harlem matured into the hideaway of jazz and the blues where the African American artist emerged calling themselves the â€Å"New Negro.† The New Negro was the cornerstone for an era known today as the Harlem Renaissance (Barksdale 23). The Harlem Renaissance warrantedRead MoreA Brief Look at Langston Hughes1413 Words   |  6 PagesLangston Hughes Langston Hughes’ challenging background, ethnicity, and era of life can all be thought of reasons as to why his style of writing relates among discrimination and unsettling topics. Although his writing can be said to bring hope to the African Americans, his style can be frightening and daunting when taken the time to read his pieces. They may not seem real, but they are his way of interpreting and informing the future of what African Americans, like himself, had to go throughRead MoreA Prize For Poetry, International Ibsen Award You Named. Langston Hughes1058 Words   |  5 Pagesprize for poetry, International Ibsen award you named. Langston Hughes is a great poet, his poems are truly inspirational, persuasive. It s almost like he was talking directly to the reader. To begin with, have you ever wondered what impact Langston Hughes poems had on people lives. Well if so then you on the right place. James Mercer Langston Hughes was born February 1, 1902, in Joplin, Missouri. His parents were Caroline Mercer Langston and James Nathaniel Hughes. Langston parents divorcedRead MoreReoccurring Themes in the Work of Langston Hughes Essay1649 Words   |  7 PagesLangston Hughes is an extremely successful and well known black writer who emerged from the Harlem Renaissance (â€Å"Langston Hughes† 792). He is recognized for his poetry and like many other writers from the Harlem Renaissance, lived most of his life outside of Harlem (â€Å"Langston Hughes† 792). His personal experiences and opinions inspire his writing intricately. Unlike other writers of his time, Hughes expresses his discontent with black oppression and focuses on the hardships of his people. Hughes’Read MoreAnalysis Of Langston Hughes s Poem I, Too978 Words   |  4 Pages Langston Hughes America, the ideals of freedom, equality, and opportunity traditionally held to be available to every American. This is what everyone was told, what the Declaration of Independence states. But, Langston Hughes a black American poet in the Harlem Renaissance period saw the truth. Being an African American in the United States during the early 1900’s was difficult. Many lived a life full of hardships; segregation, prejudice and economic hardships, viewed as second-class citizensRead MoreLangston Hughes Essay1084 Words   |  5 PagesLangston Hughes was a large influence on the African-American population of America. Some of the ways he did this was how his poetry influenced Martin Luther King Jr. and the Harlem Renaissance. These caused the civil rights movement that resulted in African-Americans getting the rights that they deserved in the United States. Hughes was born in 1902 in Joplin, Missouri. His parents divorced when he was young and his grandmother raised him. She go t him into literature and education; she was one ofRead MoreLangston Hughes : Jazz Poetry And Harlem Renaissance1212 Words   |  5 PagesLangston Hughes Jazz Poetry and Harlem Renaissance Langston Hughes was an African American poet who was born on 01 February 1902 in Joplin, Missouri. His parents separated and later divorced during his childhood. Subsequently he was raised predominantly by his maternal grandmother. His grandparents were politically active and supporters of the abolition of slavery. They were activists in the movement for voting rights for African Americans. Through their active involvement in his upbringingRead More Symbolic Imagery in Langston Hughes Poems, The Negro Speaks of Rivers and Mother To Son1651 Words   |  7 PagesSymbolic Imagery in Langston Hughes Poems, The Negro Speaks of Rivers and Mother To Son Langston Hughes uses symbolism throughout his poetry. In the poems The Negro Speaks of Rivers and Mother To Son, Langston Hughes uses symbolism to convey his meaning of the poems to the readers. Readers may make many interpretations about the symbols used throughout these poems. Throughout the poem The Negro Speaks of Rivers Hughes uses metaphorical statements to suggest to the readerRead MoreLangston Hughes : African American Poetry1305 Words   |  6 PagesLangston Hughes: African American Poetry Langston Hughes grew up in a time of segregation, as a African American man living during the Civil Rights movement. During this time Langston wrote poetry from this point of view as a African American. Langston Hughes poetry is important due to his content, imagery, and voice. Through Langston’s voice he strengthened African Americans hope while opening the eyes of the white man to see what they are doing is wrong. Langston Hughes was born February 1,1902Read MoreLangston Hughes The Weary Blues Analysis1256 Words   |  6 PagesOn Langston Hughes’s The Weary Blues Kevin Young, a graduate of Harvard University and one of the winners of the Guggenheim Fellowship, writes the historical perspective of Langston Hughes. He discusses the flowering of the African American literature and culture and how it is actually just the extension of the New Negro movement. From the Harlem Renaissance, Langston Hughes is able to represent â€Å"different things† for â€Å"different men.† The uprising of Hughes’s poems are the result of their hardships

Financial Performance Analysis Free Essays

ABSTRACT Financial Performance: A subjective measure of how well a firm can use assets from its primary mode of business and generate revenues. This term is also used as a general measure of a firm’s overall financial health over a given period of time, and can be used to compare similar firms across the same industry or to compare  industries or sectors in aggregation. Methods of Financial perfomance Analysis: Ratio Analysis: This is the method in which the ratio between two or more variables related to the business is compared. We will write a custom essay sample on Financial Performance Analysis or any similar topic only for you Order Now There are many ratios used to analyze financial statements: Liquidity Analysis Ratio: For example, the net working capital ratio is calculated between net working capital and total assets. †¢ Profitability Analysis Ratio: For example, return on assets ratio is calculated between net income and average total assets. Profit margin ratio is calculated between net income and sales. Earning per share is calculated between net income and number of outstanding shares. †¢ Activity Analysis Ratio: For example, asset turnover ratio is calculated between sales and average total assets. Inventory turnover ratio is calculated between cost of goods sold and average inventories. Capital Structure Analysis Ratio: The most important ratio is debt to equity ratio, which is calculated between total liabilities and total stockholder’s equity. †¢ Capital Market Analysis Ratio: For example, dividend ratio is calculated between annual dividends per common share and market price of co mmon stock per share. All these ratios are collectively used to carry out the financial analysis of business to assess growth, profitability, and solvency of a business. Remember that ratio analysis is as important as horizontal and vertical analysis and must not be overlooked. How to cite Financial Performance Analysis, Essay examples

Organization is like a child and it requires continuous nurturing free essay sample

Organizations that undergo continuous change are argued to have the â€Å"ability to change rapidly and continuously, especially by developing new products (core competence and culture driven)† (Brown and Eisenhardt, 1997, p. 1). The changes are â€Å"those that are ongoing, evolving and cumulative . . . small uninterrupted adjustments . . . † (Pettigrew et al. , 2001, p. 704). These continuous change organizations have had limited treatment in the literature; the case-studies provided so far can be classified as either public sector organizations, learning organizations or firms engaged in New Product Development (NPD). An initial scan of the literature suggests that each of these contexts displays varying degrees of change receptivity. Much of the previous research uses NPD Teams as the unit of analysis (Brown and Eisenhardt, 1997; Miner et al. , 2001). These studies interpret continuous change as innovation, and consequently focus on NPD. Continuous change research has consisted largely of case-based studies as is appropriate in newareas of research (Eisenhardt, 1989). With the emphasis being on NPD, the samples have consisted mainly of technically- oriented employees. We will write a custom essay sample on Organization is like a child and it requires continuous nurturing or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Brown and Eisenhardt (1997) and Miner et al. (2001) have highlighted the necessity to create semi- structures that allow flexibility and order to co-exist in order to facilitate continuous change. Miner et al. (2001) and Sitkin et al. (1998) situate continuous change organizations in the organizational learning literature. In terms of findings, Brown and Eisenhardt (1997) highlight the importance of communication and future probe teams inmanaging the continuous

Role Of Greek Gods In The Illiad Essays (999 words) - Trojans

Role of Greek Gods In the Illiad With our view of God, it can sometimes be difficult to comprehend the actions and thinking of the Greek deities. The Christian God does not tend to take such an active role in the affairs of people's lives, where, on the other hand, the Greeks regarded direct involvement by the gods as a daily, uncontrollable part of life. Needless to say, divine intervention was a major variable in the equation of Homer's Iliad. The gods picked who they would favour for different reasons. Except Zeus: As the symbol of supreme authority and justice, he makes judgement calls as to the other gods' involvement in the war, remains impartial, and doesn't seem to get caught up in picking favourites. Even when his own son, Sarpedon, was about to die, Zeus chose to let the outcome go unaltered. On the other hand, Zeus's wife, Hera, displayed the more typical actions of a god. After Paris, a Trojan, judged Aphrodite the fairest over Hera, and, after her daughter Hebe was replaced as cupbearer to the gods by a young Trojan boy, she was quite resentful towards Troy and its people. Obviously she sided with the Greeks and would stop at no length to express her will. Scheming and manipulating she even dared to trick her husband, King of the Gods. Hera, along with Athena, who was also passed over by Paris, is seen as the chief divine aid to the Greeks. Being the god of the sea, Poseidon was another strong supporter of the ocean-faring Greeks. Whenever Zeus turned his back Poseidon tried to help the Greeks in the fight. Poseidon felt that he was somewhat Zeus's equal as his brother, but recognizing Zeus's authority and experience, he looked to Zeus as an elder. There were also Gods who favoured the Trojan side of the conflict. Both Apollo and Artemis, twin brother and sister, gave aid to the city of Troy. Although Artemis takes a rather minor role, Apollo, perhaps angered by Agamemmnon's refusal to ransom Khryseis, the daughter of one of his priests and was constantly changing the course of the war in favour of the Trojans. Responsible for sending plague to the Greeks, Apollo was the first god to make an appearance in the Iliad. Also, mainly because Apollo and Artemis were on the Trojan side, their mother, Leto, also helped the Trojans. Aphrodite, obviously supporting Paris's judgement, sided with the Trojans. Although she was insignificant on the battlefield, Aphrodite was successful in convincing Ares, her lover and the god of war, to help the Trojans. One view of the gods' seemingly constant intervention in the war was that they were just setting fate back on the right course. For instance, when Patroklos was killed outside of Troy, Apollo felt no guilt for his doings. It had already been decided that Patroklos would not take Troy, he should never have disobeyed Achilles in the first place. As a god, he was just setting fate on a straight line. Achilles laid blame on Hektor and the Trojans. He did not even consider accusing Apollo, who never came into question, although he was primarily responsible for the kill. Apollo's part in the matter was merely accepted as a natural disaster or illness would be today. This general acceptance of a god's will is a recurring trend throughout the poem. A prime example of this trend is in book XXIV. Achilles, angry over the death of Patroklos brutally disgraced Hektor's body. Tethering Hektor's corpse through the ankles, Achilles dragged him around Patroklos's tomb every day for twelve days. This barbaric treatment was uncalled for and displeased the gods greatly. Achilles mother, Thetis, was sent by Zeus to tell him to ransom the body back to the Trojans. One may think Achilles would be possessive of the body and attempt to put up a fuss as he did before with Agamemmnon in Book I. But, Achilles showed humility and respect for the gods and immediately agreed to ransom the body to the Trojans, showing that all mortals, even god-like Achilles, were answerable to the gods. This ideology would seem to give the gods a sort of unlimited freedom on earth,

Music Appreciation essays

Music Appreciation essays I have always been a person who has enjoyed life with music. Ive come across numerous people that have told me that they dont really listen to music, and every time I hear it I cant help but look at them funny. I cant imagine how much of a void these peoples lives must be if they dont even appreciate music. Since the dawn of time music has been referred to as an art form. Sultans and Kings had musicians, Countries use anthems to reflect their beliefs, and most of the people today use it to relate to how they feel or to help them cope with things in their lives. Music can define, inspire, separate, or make people come together. What if there was no Christmas music to listen to while opening your presents? What if the Happy Birthday song was never sung? We all enjoy music whether you realize it or not. The first CD I had my mom buy me was Aerosmiths Get a Grip. I used to play it over and over until I could practically recite songs in my sleep. The way the guitar and drums sounded together was like heaven to me. I always thought that they had to be geniuses to come up with this stuff, until I found out how much they loved drugs and alcohol. Then over the years as I liked more bands and read about them, I learned that all of them seemed to have substance abuse problems. So then I realized that it must not be the brains, but something else. When I got a little older and a little more angered with life as an early teenager, I began to really love the way Metalica sounded. I would put my stereo as loud as it could go and just sit there in my room reading the lyrics on the CD cover. Just listening to it in my room would let me forget about whatever was bothering me at the time, and showed me that I wasnt the only one around having issues in my life and just hearing someone else sing a bout it can really boost up your moral. Later on when my girlfriend at the time b ...

9 Tips from Writing a Query a Day How Seinfeld, Fleetwood Mac, and a Writer Inspired Me

9 Tips from Writing a Query a Day How Seinfeld, Fleetwood Mac, and a Writer Inspired Me As a freelance writer, I dislike when editors don’t respond to a query. That frustration hampers my marketing, deterring me from sending queries to major markets very often. My list of feature article ideas sat unused for a long time, longing for homes. Until now. Last month I stumbled onto a writer’s blog about making querying a numbers game where they suggested a class entitled â€Å"30 Queries in 30 Days.† That same day I read Jerry Seinfeld’s approach to productivity: Mark an x on the calendar every day you’ve finished your task, and never break the chain. (SEE: Mridu Khullar Relph mridukhullar.com/ecourse-30-days-30-queries ) Soon I was cranking up Fleetwood Mac’s song â€Å"The Chain† and establishing my calendar. As the band echoed â€Å"You must never break the chain,† I looked at February. Can I write 28 queries or submissions in 28 days? Did I need a class or should I just buckle down? I chose the latter. Here’s what I learned from writing a query a day for a month: Ideas breed more ideas. Ever just brainstormed? The same creativity applies with queries. I started February with a list of 28 ideas, but ended with 40. As I would work with one query, I would think of another idea. Build it, and they will come. Surprise! I heard back from some national markets. If they said no, they said why. They consider professional queries. I have a journalism degree, worked at a CBS affiliate in college, and wrote for a federal agency’s press office for a decade. As a freelancer, I’ve had articles and essays published in locals, regionals, trades, anthologies. With clips and a website, you build infrastructure - voila, your last paragraph of a good query. He’s just not that into you. When the editors don’t respond? Face the fact your idea is not for them. They know their readers better. Or they’ve run something similar. Follow-up, then target the next market and revise. Your email works! Whenever I didn’t get an answer from a sporadic query, I wondered if my email was working or was considered spam on the other end. However, once I regularly sent queries daily, using the premise it’s a numbers game, I got more responses. (Though most haven’t responded yet.) The early bird doesn’t always catch the worm. Because you’re rushing to tailor a query Your paid subscriptions to freelance newsletters are worth it. I checked MediaBistro, TOTAL FFW, ASJA, and Freelance Success archives. Checked Writer’s Digest/Writer’s Market and the magazines masthead to get a editorial contact or email formula. A little help from your friends. When I emailed a writer-friend because she had written for a magazine I was querying, she warned me of issues there. Be helpful with other writers, and they’ll reciprocate. You’ll experience â€Å"rejectance.† Another writer-friend coined this term about acceptance in a rejection. Some editors asked for more ideas from me. Another editor gave me the lowdown on recent changes there. Some explained exactly why they couldn’t use it. Helpful rejections = rejectance! What doesn’t kill you makes you stronger. I heard some no’s. I was also asked to give away an article for free (no). When a door is closed, open a window; re-work it for another market. A February rejection is a March submission; think follow-up opportunities. While I wish I could say I have 28 yesses in my inbox, I cannot. But as I await answers, I’ve beaten procrastination, released ideas, gained editorial contacts, generated leads, and felt productive marking an x on each day of my calendar. â€Å"Never break the chain†¦Ã¢â‚¬  or yada yada yada. Thanks, Jerry.

Assessment does not stand outside teaching and learning but stands in Essay

Assessment does not stand outside teaching and learning but stands in dynamic - Essay Example Informal or regular assessment is usually followed in classrooms because teaching often consists of frequent switches in who speaks and who listens, and teachers make many of their decisions within one second. In such a rapidly changing environment, where teachers have to think on their feet and are denied the luxury of hours of reflection over each of their pedagogic choices, assessment has to be carried out on the move. That is why so much informal assessment is often barely perceptible as the flow of the lesson continues, since it is neatly interlaced with normal-looking instruction and activities. Indeed, many teachers would not even regard the common question, ‘Is anybody not sure what you’re supposed to do?’ as assessment, but it is, informing the teacher of which pupils might need individual help before starting on the task in hand. Bennett has explored a large number of theories relating to pupil learning, teaching and assessment, and believes these theories has a lot more to do mainly on psychology rather than teaching and learning, Bennett offers an explanation of the ambivalence sensed by teachers in their quest to identify these theories which effectively inform their practice. He advances the notion that theories take limited account of the complexities of classroom life. The potential value of such theories seems, therefore, to be marginalized by teachers. In citing Doyle's work, Bennett indicates that classroom environments are complex places in which teachers and pupils adapt to each other and where the created environment impacts on them both. The classroom environment is built by the way of communication between teachers and pupils. Doyle's model of classroom learning processes proceeds on the assumption that 'learning is a covert, intellectual activity which proceeds in the socially complex, potentially rich environment'. If this perspective relates to teachers' experiences in carrying out their role then there are clear restrictions to the applications of many theories of learning to teaching contexts. (Dunn, 2002) Identifying the prominence of complexity by no means excuses careful exploration of the issues. It is recognised that one of the aims of schooling is to promote pupil learning yet it is not all agreed about what should be prioritised to comprise such learning. Further more, there remains considerable disagreement as to how learning occurs. It might be said that since the adoption of the National Curriculum we are nearer to agreeing what should be learnt. However, the ways in which learning occurs seems to be rather side-tracked from what are identified as more pressing mechanisms for teaching curriculum content with the main aim of measuring and raising standards.

The benefits and costs of increased trade integration between Essay

The benefits and costs of increased trade integration between countries depends on the relative importance of trade creation ver - Essay Example Most countries, both developed and developing countries have opened their economies with a view to take advantage of the existing opportunities. However, it is not clear whether the benefits and costs of increased trade integration between these countries depends on the relative importance of trade creation versus trade diversion, plus the dynamic gains from integration. The focus of this paper is to ascertain whether in light of the countries involved, the above connotation is true. Trade creation and trade diversion are two important components in increasing the rate of growth of world trade. They are also important components which help increase the benefits and costs of increased trade integration. Viner (2009) was the first researcher to introduce the terms â€Å"trade creation versus trade diversion† which became useful in analyzing custom unions and other trade related economics issues. Trade creation as envisaged by Viner (2009) refers to a situation in which two count ries operating within customs union start trading with each other whereas they formerly produced products in questions for themselves. In international economics terms, it implies that these countries move from autarky to trading with no tariffs on these goods while they both benefit. In trade creation the cost of goods in consideration decreases upon the economic union formation leading to increased efficiency of economic integration. This means that the essence of trade creation is to eliminate custom tariffs on the unifying state’s inner borders causing further decrease in the prices of goods (El-Agraa, 1981). On the other hand, trade diversion, occur whenever two countries start trading within the union (Institute for the integration of Latin America and the Caribbean, 2004). But formerly, these two countries imported the product or from outside the union. In this case, importing country had previously had same tariffs on other countries, but had opted to buy from outside the union because that was somewhat lower (Institute for the integration of Latin America and the Caribbean, 2004). The country then switches its purchases from its initial lowest price to the higher price country after the union. This eventually has a negative efficiency effect. Basically what this means is that trade diversion involves diverting trade flows from the actual cost-efficient partner countries to less efficient partner countries, which became an economic union member and made its products cheaper within the union but somewhat higher when compared to the other place in the world. Worth nothing is the fact that both trade diversion and trade creation effects occur because of formation of economic union. Currently, efficiency of economic integration of unions is assessed as the final outcome between trade diversion and trade creation effects (Irwin, 2006). Trade diversions as discussed involves creating free-trade areas, and is important in creating larger markets, which provide more completion as it creates increased access to raw materials (Institute for the integration of Latin America and the Caribbean, 2004). The happy ending will be the lower unit costs because firms can now gain economies of scale in this arrangement. From the point of view of consumers, greater choices and lower prices makes them happy too. On the other hand, in trade creation two countries involved reduce tariffs on their goods. It can also imply simplifying export or

Virtue ethics Essay Example for Free

Virtue ethics Essay Character-based ethics A right act is the action a virtuous person would do in the same circumstances. Virtue ethics is person rather than action based: it looks at the virtue or moral character of the person carrying out an action, rather than at ethical duties and rules, or the consequences of particular actions. Virtue ethics not only deals with the rightness or wrongness of individual actions, it provides guidance as to the sort of characteristics and behaviours a good person will seek to achieve. In that way, virtue ethics is concerned with the whole of a persons life, rather than particular episodes or actions. A good person is someone who lives virtuously who possesses and lives the virtues. Its a useful theory since human beings are often more interested in assessing the character of another person than they are in assessing the goodness or badness of a particular action. This suggests that the way to build a good society is to help its members to be good people, rather than to use laws and punishments to prevent or deter bad actions. But it wouldnt be helpful if a person had to be a saint to count as virtuous. For virtue theory to be really useful it needs to suggest only a minimum set of characteristics that a person needs to possess in order to be regarded as virtuous. being virtuous is more than having a particular habit of acting, e.g. generosity. Rather, it means having a fundamental set of related virtues that enable a person to live and act morally well. James F Keenan, Proposing Cardinal Virtues, Theological Studies, 1995 Principles Virtue ethics teaches: An action is only right if it is an action that a virtuous person would carry out in the same circumstances. A virtuous person is a person who acts virtuously A person acts virtuously if they possess and live the virtues A virtue is a moral characteristic that a person needs to live well. Most virtue theorists would also insist that the virtuous person is one who acts in a virtuous way as the result of rational thought (rather than, say, instinct). The three questions The modern philosopher Alasdair MacIntyre proposed three questions as being at the heart of moral thinking: Who am I? Who ought I to become? How ought I to get there? Lists of the virtues What would a virtuous person do? Â © Most virtue theorists say that there is a common set of virtues that all human beings would benefit from, rather than different sets for different sorts of people, and that these virtues are natural to mature human beings even if they are hard to acquire. This poses a problem, since lists of virtues from different times in history and different societies show significant differences. The traditional list of cardinal virtues was: Prudence Justice Fortitude / Bravery Temperance The modern theologian James F Keenan suggests: Justice Justice requires us to treat all human beings equally and impartially. Fidelity Fidelity requires that we treat people closer to us with special care. Self-care We each have a unique responsibility to care for ourselves, affectively, mentally, physically, and spiritually. Prudence The prudent person must always consider Justice, Fidelity and Self-care. The prudent person must always look for opportunities to acquire more of the other three virtues Good points of virtue ethics It centres ethics on the person and what it means to be human It includes the whole of a persons life Bad points of virtue ethics it doesnt provide clear guidance on what to do in moral dilemmas although it does provide general guidance on how to be a good person presumably a totally virtuous person would know what to do and we could consider them a suitable role model to guide us there is no general agreement on what the virtues are and it may be that any list of virtues will be relative to the culture in which it is being drawn up.

Analysis of an American Trial: The Salem Witch Trials :: American America History

Analysis of an American Trial: The Salem Witch Trials The Salem Witch Trials all began on January 20, 1692, with nine-year-old Elizabeth "Betty" Parris and eleven-year-old Abigail Williams, daughter and niece of the village reverend Samuel Parris, beginning to exhibit strange behavior, such as blasphemous screaming, convulsive seizures, trance-like states and mysterious spells. Within a short period of time, several other Salem girls began to illustrate similar behavior; physicians resolved that the girls were under the control of Satan. Reverend Parris conducted prayer services and public fasting in hopes of relieving the evil forces that tormented them. In an effort to expose the "enchantress", one man baked a "witch cake" made with rye bran and the urine of the ill girls. This counter-magic was meant to reveal the identities of the "witched" to the ailing girls. Pressured to identify the cause of their misfortune, the girls named three women, including Tituba, Samuel Parris' slave, as witches. On February 29, warrants were dispatched for the arrests of Tituba, Sarah Good, and Sarah Osborne. Although Osborne and Good sustained guiltlessness, Tituba confessed to seeing Lucifer, who appeared to her "sometimes like a hog and sometimes like a great dog." What's more, Tituba certified that there was a collaboration of witches at work in Salem. On March 1, Magistrates John Hathorne and Jonathon Corwin investigated the three women in the courthouse in Salem Village. Tituba confessed to pursuing black magic. Over the next few weeks, other villagers came forward and testified that they too had been traumatized by or had seen strange phantoms of some of the village members. As the witch-hunting prolonged, charges were made toward many different people. Frequently unmasked were women whose behavior was somehow disturbing to the social order and formalities of the time. Some of the accused had records of unlawful pastimes, including witchery, but others were faithful churchgoers and people of high status in the society. From Mid-March to early April, Martha Corey, Rebecca Nurse, Elizabeth Proctor, and Sarah Cloyce were accused of witchcraft. Soon after Corey, Nurse, and Proctor were examined before Magistrates Hathorne, Corwin, Deputy Governor Thomas Danforth, and Captain Samuel Sewall. During this analysis, John Proctor was also jailed. Then Abigail Hobbs, Bridget Bishop, Giles Corey and Mary Warren were taken into account. The only one to confess was Hobbs. On April 22, Nehemiah Abbot, William and Deliverance Hobbs, Edward and Sara Bishop, Mary Easty, Mary Black, Sarah Wildes, and Mary English were examined before Hathorne and Corwin.

History of Rev War

The cry of soda enquired into: Educational analysis in seventeenth-century New England. History of Education Quarterly, 13(1), 3-22. Lang, Harry G. Genesis of a Community: The American Deaf Experience in the Seventeenth and Eighteenth Centuries. In J. Van Clever (Deed. ). The Deaf History Reader. Washington, DC: Gladdest university Press, 2007. 1 . The American Indian view of the colonial missionaries' influence on the â€Å"education† of the Indian is how the colonial missionaries changed their norm behaviors where they had to change their beliefs to the â€Å"European culture† (ColonialMissionaries and Their schools, 2004, p. 1 5). Also, they correlated the Indian dally life of cleanliness, lack of discipline for the children (Colonial Missionaries and Their Schools, 2004, p. 1 5). I feel that the quote that said by H. G. Wells was relevant to the Indian communities at that time period since the colonial missionaries changed and controlled the Indian lifestyle by Glen n them better education and lifestyle.The article, Colonial Missionaries and Their Schools, explained that most of the Indian children who were taught by the missionaries were separated from their parents nice the Indian parents did not understand the influence that the missionaries had for the Indian children (p. 16). One point was mentioned In the article about how confused the Indians were when they were the victims of the missionaries and â€Å"Christians† cheated and sexually abused them since they were preached about the missionaries' practice and cheated and sexually abused were not allowed (Colonial Missionaries and Their Schools, 2004, p. 6). The situation where the Indian were cheated and sexually abused by the missionaries and â€Å"Christians† led catastrophe in hat they were taught by the missionaries. 2. The religion played a special role in the Puritan efforts to establish formal schooling in America by set up a high educational standard where their chil dren are successful as their parents are. Puritans did not accept any failures. (The cry of Soda enquired into: Educational analysis in seventeenth-century New England,1973, p. ) We are experience the same thing today without much of religious involvements. The parents today want to see their children to succeed In their education and have bright futures. Also, parents Ely on teachers and school to help their children In academic where the teachers are constantly encouraging the children to go for their dreams by dream big. Teachers of the deaf can learn from the Puritan educational efforts about literacy by continuing to encourage the deaf students to read and write where they can eventually Improve their English. 3.People with disabilities during the asses and early asses were treated badly where they were chained to the wall since the people did not know how to take care of them. People with disabilities were treated like an here doctors who had better knowledge knew how to take care of them where they were also being observed based on their behaviors. From reading about Isaac Kilojoules, Matthew and Sarah Pratt, Andrew Brown and Jonathan Lambert, I learned that all of them became part of a religious and the Puritans accepted disabilities for who they are without any Judgments.Also, the church did allow deaf marriages without any restriction. 4. Sign language in the American colonies before the Revolutionary War show that it was only used in the level of abstraction and used tit the people who were already here in America after the generation that founding of Plymouth colony. Before Revolutionary War was the time period where sign language as American Sign Language, history of deaf literacy before the education for the deaf was established.Sign language gave the deaf American colonies the ability to communicate with each other. Sign language gave the deaf the abilities to have education and be able to understand what being learned. 5. The efforts that the d eaf children where educated in the American colonies were that they were sending o school like Broadsword Academy or private education. The deaf children were known as deaf and dumb during that time period, but each one had the abilities and skills in different academic areas.For example, John Boiling was good at Geography and Arithmetic Globe and the father of Charles Green reported after Charles two years at Broadsword Academy has â€Å"improvement in the construction of language, and in writing; he has made a good beginning in arithmetic. † Children who were private education like William Mercer was able to succeed in his life since he had the skill for minting which was found through the years located.

Patton-Fuller Hospital Essay

Patton-Fuller Hospital is a community hospital that has remained aiding the community since the year 1975. Yearly examinations have been conducted by self-governing audits to review this year’s financial performance in comparison to preceding years. The financial statement review highpoints the alteration between the audited and unaudited reports classifies the association amongst revenue resources and expenses, despite the fact defining the assets of revenue sources on recording. Financial statement assessments subsidize an excessive level accounting of the statistics controlled in the audit. Financial statements of audited and unaudited statements contain the same type of statistics. Patton-Fuller Community hospital conducts audits agreement with auditing ethics in the United States. Self-governing Auditors ensure audited the balance sheet of Patton-Fuller Community Hospital as of December 31 of 2009 and 2008. The audited balance sheet reports the assets for 2009 which a sum of $587,767. The audited balance sheet reports the whole assets for 2008 of a total $548,535. The upsurge from 2008 to 2009 is 39,232. Liability total for 2009 is $ 462,153. The liability volume for the year 2008 is $213,450. This was a rise from 2008 to 2009 and the amount of the growth is $248,703. The entire equity and liabilities for 2009 is $587,767 and 2008 $548,535. This is an upturn from 2008 to 2009 with $ 39,232. In 2009 the total revenues show for $ 462,982 and then for 2008 $ 42,314. This total increase from 20o8 and 2009 is $41,668 according to the audited revenue and expenses annual report. The increase of $25,869 from 2008 to 2009 is shown from the audited revenue and expenses annual report. The year 2009 had $463,293 and 2008 had $437,424. The effects of revenue can be seen on the financial reporting by the fluctuations versus the expenses. From year to year you can see the fluctuation in revenue for the hospital. The revenues and expenses are grouped together by total revenues, total expenses, and net income. The total revenues include net patient revenues and other revenues. The total expenses include salaries and benefits, supplies, utilities, and depreciation. The net income shows the non-operating income (loss) as well as the investment income. By grouping the revenues and expenses it will help with separation and looking at the reports. The Patton – Fuller Community Hospital’s revenue comes from a  variety of sources, this includes net patient revenue and other different types of revenue. The revenue has definitely increased from 2008. When comparing the revenue received by the hospital to its operating expenses the difference lies in what revenue items are included in each ratio formula. In 2008 the total operating revenue is less than the total operating expenses therefore; the hospital operated at a loss and gave them a negative operating margin. In 2009 the total operating revenue exceeds the total operating expenses therefore; the hospital had a profit that year. As a result there was a positive operating margin. The way in which a hospital’s revenues and expenses are grouped for planning and control varies from hospital to hospital. At Patton-Fuller Community Hospital, the expenses are grouped by salaries and benefits, supplies, interest, and a lot more. During salaries, the staff of the hospital must be paid for the work they do. Members of the staff (therapist or surgeons) have a highly qualified job in which they have spent more time in education which causes them to have higher wages. During benefits, there are hospitals who offer benefits for the employee and their family with a discount. This can be very expensive for the hospital. The hospital needs supplies in order to fulfill their duty and many of the supplies are expensive as well as cheap. Because the hospital has to order the supplies in large quantities, it becomes very expensive. Interest is another expensive thing that the owners of the hospital have to deal with. With the hospital building costing so much, it leads to the owners taking a big mortgage out to pay for the building. When a mortgage is being taking out, interest develops. Another reason for an interest to develop is a loan to buy high price technology or machinery. There are many ways that Patton- Fuller Community Hospital grouped for planning and control for revenues and expenses. Inclusive the analysis of the financial statement originate many constructive results and the audited information and unaudited information enclosed the equivalent data. The revenue sources ensured a confident influence on the hospital and will lead to forthcoming development. Patton-Fuller Hospital Revenue review did not disclose any concealed problems. Financial managers need to carry on making assessments of the daily actions. Reference Patton-Fuller Community Hospital. Retrieved July 14, 2014 from https://ecampus.phoenix.edu/secure/aapd/cist/vop/Healthcare/PFCH/isoverview.asp?subgroup=hr

Free Essays on Principals Vision

To support an environment that recognizes the potential of all students to excel emotionally, academically and physically in order to become responsible and productive citizens in a multicultural society. That is the mission statement for Nansemond River High School in Suffolk Virginia. A lot of things are to be taken in to account when developing and implementing a mission statement. I picked this schools’ mission statement, because I thought it was well written. There were three steps that were taken to develop this mission statement. The first step was to organize a steering committee of five to ten people who represented various branches of the school community. The next step was to collect information on the things people wanted to continue and the things people wanted to change. Also things that were currently occurring in the school were included in step two. The last step was to reconcile those areas where there are opposing views. Develop a more refined draft to be presented to and discussed with all groups in the school community. After the principal took all of this into consideration he shared with me the actual day that he and his staff developed the mission statement: We had a half-day conference day. Having collected some examples of mission statements, we gave them to people ahead of time so they could get an idea of what we would be doing. When we assembled in the library (whole middle school staff) an overhead was used to look at some examples. We discussed the different types, such as one line or more complex. We also looked at the sorts of things that were important and then brainstormed the things we thought were important for our middle school. The faculty was divided into groups of two. Each group wrote a mission statement. Groups of two were then combined into groups of four. This group came to consensus on one statement. This was repeated, with groups joining until there was only one left. As... Free Essays on Principal's Vision Free Essays on Principal's Vision To support an environment that recognizes the potential of all students to excel emotionally, academically and physically in order to become responsible and productive citizens in a multicultural society. That is the mission statement for Nansemond River High School in Suffolk Virginia. A lot of things are to be taken in to account when developing and implementing a mission statement. I picked this schools’ mission statement, because I thought it was well written. There were three steps that were taken to develop this mission statement. The first step was to organize a steering committee of five to ten people who represented various branches of the school community. The next step was to collect information on the things people wanted to continue and the things people wanted to change. Also things that were currently occurring in the school were included in step two. The last step was to reconcile those areas where there are opposing views. Develop a more refined draft to be presented to and discussed with all groups in the school community. After the principal took all of this into consideration he shared with me the actual day that he and his staff developed the mission statement: We had a half-day conference day. Having collected some examples of mission statements, we gave them to people ahead of time so they could get an idea of what we would be doing. When we assembled in the library (whole middle school staff) an overhead was used to look at some examples. We discussed the different types, such as one line or more complex. We also looked at the sorts of things that were important and then brainstormed the things we thought were important for our middle school. The faculty was divided into groups of two. Each group wrote a mission statement. Groups of two were then combined into groups of four. This group came to consensus on one statement. This was repeated, with groups joining until there was only one left. As...

Profile of the Scandinavian Explorer Erik the Red

Profile of the Scandinavian Explorer Erik the Red Erik Thorvaldson (also spelled Eric or Eirik Torvaldsson; in Norwegian, Eirik Raude). As the son of Thorvald, he was known as Erik Thorvaldson until he was dubbed the Red for his red hair. Notable Accomplishment Founding the first European settlement on Greenland. Occupations LeaderExplorer Places of Residence and Influence Scandinavia Important Dates Born: c. 950 Died: 1003 Biography Much of what scholars understand about Eriks life comes from Eirik the Reds Saga, an epic tale written by an unknown author in the mid-13th century.   Erik was born in Norway to a man named Thorvald and his wife and was thus known as Erik Thorvaldsson. He was given the name Erik the Red because of his red hair; although later sources attribute the moniker to his fiery temper, there is no clear evidence of this. When Erik was still a child, his father was convicted of manslaughter and exiled from Norway. Thorvald went to Iceland and took Erik with him. Thorvald and his son lived in western Iceland. Not long after Thorvald died, Erik married a woman named Thjodhild, whose father, Jorund, may have provided the land that Erik and his bride settled on in Haukadale (Hawkdale). It was while he was living at this homestead, which Erik named Eriksstadr (Eriks farm), that his thralls (servants) caused a landslide that damaged the farm belonging to his neighbor Valthjof. A kinsman of Valthjof, Eyjolf the Foul, killed the thralls. In retaliation, Erik killed Eyjolf and at least one other man. Rather than escalate a blood feud, Eyjolfs family instituted legal proceedings against Erik for these killings. Erik was found guilty of manslaughter and banished from Hawkdale. He then took up residence further north (according to Eiriks Saga, He occupied then Brokey and Eyxney, and dwelt at Tradir, in Sudrey, the first winter.)   While building a new homestead, Erik lent what were apparently valuable pillars for seat-stocks to his neighbor, Thorgest. When he was ready to claim their return, Thorgest refused to give them up. Erik took possession of the pillars himself, and Thorgest gave chase; fighting ensued, and several men were killed, including two sons of Thorgest. Once again legal proceedings took place, and once again Erik was banished from his home for manslaughter. Frustrated with these legal wranglings, Erik turned his eyes westward. The edges of what turned out to be an enormous island were visible from the mountaintops of western Iceland, and the Norwegian Gunnbjà ¶rn Ulfsson had sailed near the island some years earlier, though if hed made landfall its not recorded. There was no doubt that there was some kind of land there, and Erik determined to explore it himself and determine whether or not it could be settled. He set sail with his household and some livestock in 982. The direct approach to the island was unsuccessful, due to drift ice, so Eriks party continued on around the southern tip until they came to present-day Julianehab. According to Eiriks Saga, the expedition spent three years on the island; Erik roved far and wide and named all the places he came to. They didnt encounter any other people. They then went back to Iceland to convince others to return to the land and establish a settlement. Erik called the place Greenland because, he said, men will desire much the more to go there if the land has a good name. Erik succeeded in convincing many colonists to join him on a second expedition. 25 ships set sail, but only 14 ships and about 350 people landed safely. They did establish a settlement, and by about the year 1000 there were approximately 1,000 Scandinavian colonists there. Unfortunately, an epidemic in 1002 reduced their number considerably, and eventually, Eriks colony died out. However, other Norse settlements would survive until the 1400s, when communications mysteriously ceased for more than a century. Eriks son Leif would lead an expedition to America around the turn of the millennium.

Business Essay Example | Topics and Well Written Essays - 250 words - 42

Business - Essay Example The inventory at hand by this quarter is 86,400 fans that are calculated as 126% of the 2006 first quarter production levels. Due to the application of this cushion by Riordan, a viable production plan will be easily maintained without minor adjustments on the plan of 2005. Riordan requires the master production schedule (MPS) to help in the determination of the parts that will be needed weekly to meet its quarterly projected needs. The fact that this company uses a make-to-stock system makes it able to easily satisfy its customer demands without any delays in production. In case the inventory level drop to a given level, theres an automated system with a fixed order quantity method that I used to order parts. Whenever the capacity remains unremarkable, and theres a high reliability on the Riordans suppliers so that there are no significant delays in delivery, a flexible time fence is used (Soares & Vieira, 2009). At the Riordans Chinese facility, for a fan production, the material requirement plan (MRP) is usually based on the master production schedule (MPS). The MPS is used for the finished product that is the fans, and it also predicates the MRP. It is important that a well-reviewed production schedule is based on the inputs from every department so as to balance conflicting objectives, maintain inventory levels low and use resources efficiently. Soares, M., & Vieira, G. (2009). A new multi-objective optimization method for master production scheduling based on genetic algorithm. International Journal of Advanced Manufacturing Technology,

Divorce Assignment Example | Topics and Well Written Essays - 500 words

Divorce - Assignment Example This paper will look at the consequences of divorce on family life. The foundation of every society is its families. When two parents split up, a family is undermined. Divorce is a terrible scourge which forces families to move out of houses, sometimes change cities or schools, and split into two separate families. For everyone involved this is a severe and traumatic situation. Children are impressionable. They are starting their journey on the path of life and are deeply sensitive to the world around them. They seek patterns and they seek to understand why certain patterns have certain results. Although they may not understand the huge complications underwriting our society, they nevertheless have an inkling of how are world is structured and determined, the family provides this context as does their parents marriage. Divorce can have a serious effect on this. As Socrates writes: ‘Now, do you appreciate that the most important stage of any enterprise is the beginning, especially when something you and sensitive is involved? You, that’s when most of its formation takes place, and it absorbs every impression that anyone wants to stamp upon it. . . . Shall we, then, casually allow our children to listen to any old stories, made up by just anyone, and to take into their minds views which, on the whole, contradict those we’ll want them to have as adults?’1 In the Republic, the guardians are educated as children by the stories they are told. These stories provide moral justification for the actions and inactions of the people around them and are instrumental in their understanding of their own role in the world. But they must not be poems or fanciful stories, Socrates insists. They must tell young people about the truth of the world, not of lies. It is vitally important for parents who are having a divorce to be honest with their children. Lies do not help anyone. Divorce is a traumatic experience. It affects the foundation of society:

Supply chain management - optimization problem Coursework

Supply chain management - optimization problem - Coursework Example ), the second cash flow comes at the end of year two and gets an interest for one year (one thousand, one hundred ?), whereas the third cash flow happens at the end of year three and thus does not earn any interest (one thousand ?) (Leeman, 2010, 34). It is the value of cash or an asset at a given time or date in the future, which has a value that is equal to a particular amount of money presently (Leeman, 2010, 34). The Future Value can be calculated in two different ways as follows: For an asset that has a simple annual interest: Future Value = Original Investment multiplied by (1= (rate of interest* the total number of years)). For an asset that has an interest that is compounded years, Future Value = Original Investment multiplied by [(1+rate of interest) ^ total number of years]. One has to account for inflation when planning for his or her retirement. The nominal interest rate is generally used; thus even though he or she might have several ? in the future; we find that the mon ey will actually be worth less that the present million ? (Leeman, 2010, 34). For proof of the impacts of inflation take into consideration that one ? in the year 1940 is presently worth about only 8.5 cents. How do you apply FV to a house purchase of ?245,000/7%Int/30 FV =Â   FV = ?245,000* (1.1)30 ? 4275103. ... At one point, the company’s profits were decreasing because of the competence of its logistics management. The company over depended on the in-house manufacturing and distribution operations that were dysfunctional such as incompetent movement of goods along the chain of supply. These issues led to the chief executive Jim Maxmin choose to form a coalition with Federal Express BLS, which is the master of logistics (Leeman, 2010, 34). FedEx utilizes their logistical ability to operate as the inventory and supply agent for various enterprises whose main proficiency is in manufacturing. This move will also benefit the Federal Express since neither of these companies could perform their function well and the alliance formed gave the better of the two worlds. There are a number of essential factors that supply chain alliances should have in order to be successful. This is since its control is not only associated with the management mechanism they employ. The alliance partners should balance the control mechanism with trust building and the level of this trust largely depends on the alliance formed. Laura Ashley and Federal Express based their alliance mainly on trust with few elements of control in the official agreement. The agreement that Laura Ashley and BLS arrived at resulted to BLS taking over LA’s Newtown, distribution activities and Wales’s warehouse. Jim Maxmin initiated this process and handed the project over to the Global Operations Executive team for implementation. This led to the reformation of the current procedures and writing down of new incorporated distribution system. LA had to withdraw from warehousing, handling of goods with distribution and handing this task to a third party. He felt that this procedure would take

Candide Is A Humorous Satire About Young Candide Religion Essay

Candide Is A Humorous Satire About Young Candide Religion Essay Criticism of religion is a reappearing topic in Candide. After the great earthquake that destroys Lisbon, agents of the Inquisition capture Candide and Pangloss. Pangloss is charged with speaking his mind and Candide for seeming to approve what he had said. Eight days later, they are prepared for an auto-da-fe where Candide is whipped and Pangloss is hanged. The very same day, there is another earthquake. Voltaire intended this event to show the foolishness and ineffectiveness of the Church. The auto-da-fe is organized because the Inquisitors believe that by punishing offenders, they can save the city from any additional damage. The reader sees through the closely following earthquake that the Church made no difference with their impractical solution. One also sees the cruelty shown by the Inquisitors, the intended servants of God that in Candides reality only harm. They wickedly torture and execute their fellow citizens over philosophical disputes, many of which cannot be backed up by Scripture. Voltaire strongly emphasizes the hypocrisy shown by the Church officials that Candide encounters. The Grand Inquisitor captures a man for marrying his godmother, and yet he himself is guilty of several crimes. He threatens to use his influence with the Church to punish Don Issachar for his Jewish religion if he does not share Cunà ©gonde with him as his mistress. The Inquisitor plainly shows his hypocrisy through this blackmail and unchaste behavior. Cunà ©gondes own brother, the baron, becomes a Jesuit priest. He is guilty of having homosexual tendencies, as implied throughout his part in the book. Even the most prominent Church figure, the Pope, has a role in Candide, even though Candide does not meet him directly. Candide meets an old woman who is the daughter of a Pope. Simply the fact that the Pope has a daughter makes him a sinner and a hypocrite, for he violated his vows of celibacy. These themes of sin and blatant hypocrisy appear in connection with the Churc h throughout Candide. As a well-known philosopher, Voltaire had his own specific beliefs about life and human nature, many of which he expressed in Candide. One of his major ideas throughout the book is a question of philosophy, but in a different sense than one would think should come from a man of his time. Voltaire still channels Enlightenment thought as he argues against philosophy as a pattern for life and instead promotes practical action and hard work. Candides mentor, Pangloss, believes in unrestrained optimism. This is shown though his constant assertions that everything is for the best. Pangloss is Voltaires burlesque representation of a group of philosophers during the Enlightenment known for their optimism. As crisis and calamity repeatedly befall Candide and Pangloss, his never-wavering optimism appears self-indulgent and senseless. Voltaire supplies a polar opposite to Pangloss in Martin. Also a philosopher, Martin is an internally scarred man who advocates complete pessimism. His negativity is so absolute that he disagrees with Candides statement that there is some good in the world. Martins philosophy appears to be more reasonable. This could be because his character is more knowledgeable, or simply because the philosophy itself is more suited to human nature. Voltaire himself leans more towards Martins views in his personal thinking, but he points out that Martins philosophy is also flawed. Because Martin believes that nothing happens for the better in the world, he cannot see it as it really is. Although the many tragic events that happen support Martins pessimism, Voltaire denounces this philosophy as asinine as well. Coming from a philosopher, condemnation of a philosophic lifestyle, both optimistic and pessimistic, creates a heavy emphasis on the virtues of hard work and action instead of unreasonable thoughts. In Candide, Voltaire champions honest hard work. His character Cacambo is a reliable, practical man. In contrast to the philosophers, Pangloss and Martin, Cacambo inspires confidence and optimism, although he is neither an optimist nor a pessimist. When Candide gets into trying situations, Cacambo repeatedly helps him. Through this, Voltaire shows that action is more beneficial and practical than ideas are. Cacambo disagrees with Pangloss opinion that the world is created perfect by his own experiences, saying that the law of nature teaches us to kill our neighbor. He directly disproves Martins view of the world through his trustworthiness. Cacambo is responsible for reuniting Candide with his love, Cunà ©gonde. Instead of taking advantage of Candide as so many others did, Cacambo stays true to his word. Many misfortunes befall Cacambo, as with most other characters in the book, but he manages to lessen the ill effects of these events through his intellect and willingness to work in order to improve the world. Cacambo restores the readers faith in human nature after so many other characters have destroyed it. Voltaires Candide is a masterpiece of the Enlightenment, championing the ideals of hard work and morality. Voltaire takes a traditional Enlightenment perspective on the corruption within the organization of the Church, exposing the guilt and hypocrisy he sees in Church officials. While Voltaire condemns philosophy as a basis for life, he does not denounce it completely. He elevates Cacambo above the other characters because he uses thought in a practical way, while Pangloss and Martins philosophies prevent them from seeing the true world and living in reality. Voltaire masterfully manipulates his characters to reflect Enlightenment values and his personal beliefs pertaining to them.

Legalizing Physician-Assisted Suicide Essay -- Argumentative Essay

Physician-assisted suicide should be a legal option, if requested, for terminally ill patients. For decades the question has been asked and a clear answer has yet to surface. It was formed out of a profound commitment to the idea that personal end-of-life decisions should be made solely between a patient and a physician. Can someone's life be put into an answer? Shouldn't someone's decision in life be just that; their decision? When someone has suffered from a car accident, or battled long enough from cancer, shouldn't the option be available? Assisted suicide shouldn't be seen as cheating death, but as a way to pay homage to the life once lived. As far as including the mentally challenged in this equation, I am against it. The mentally challenged, although less likely to grasp information, still has the physical awareness to grow. It can be subdued with medicine and psychotherapy. From personal experience I am a witness of being around mentally challenged adults who love life regar dless of their conditions. Most don't have the ability to express a request such as life or death. Living life is a daily task just like it is for healthy citizens. Most if not all mentally challenged people aren't in any pain throughout their entire life. For this they shouldn't be targeted for assisted suicide. Death is an occurrence in life, whether it's unexpected or expected, it can't be cheated nor can it be avoided. The terminally ill should have the option to end their suffering with dignity. Assisted- physician suicide also goes by many names such as euthanasia. 'Euthanasia' rings an enormous bell as the same structure used during the holocaust in the 1940s. The difference between now and then is the innocent lives lost because of their inc... ...end ones terminally ill life should be up to the patient and no one else. Religion plays a major part on why the law hasn't been pasted yet. Just like the hippocratic oath, religion doesn't prohibit suicide in any way. One of the most basic commandments is â€Å"Thou shall not kill.† But no one knows where humans go once they past so it seems hypocritical to judge such situations on a myth. I do not encourage anyone to end their life nor would I request such a thing. However, I do support ones choice to die with dignity if facing medical reasoning such as terminal illness. The government should grant such request to honor their citizens. Works Cited http://www.balancedpolitics.org/assisted_suicide.htm http://euthanasia.procon.org/view.resource.php?resourceID=000134 http://www.religioustolerance.org/euthanas.htm http://www.assistedsuicide.org/future_of_right-to-

Outline and Evaluate research into the effects of deprivation Essay

Deprivation refers the disruption of attachment that has already been made. Bowlby has conducted a case study of little John whose mother was admitted to the hospital and he showed effect of short term deprivation. He found that he had gone through 3 stages which he called the PDD sequence (Protest, Despair and Detachment). At first when he was separated from his mother, he showed signs of protest and he was crying, shouting and shows signs of desperate attempts to get his mother to return. But after a period of time, he appeared to be calmer but showed signs of depression, these include refusing to eat and play. At last, he rejected his mother at reunion although he looked okay on the surface. Criticism for the study is that it is a case study of an individual, so it cannot be generalized to the public. Bowlbly has also conducted a study on 44 juvenile thieves. He interviewed 44 male teenage criminal who displayed affectionless psychopathy to check if they have experienced early separation in the first 2 years of age. He has found that 12 out of 14 affectionless psychopaths had experienced prolonged separation from mothers in the first 2 years. And 5 out of 30 who were not affectionless psychopaths had experienced deprivation. So he had jumped to the conclusion that deprivation before the age of two will lead to affection psycopathy and this supports his idea of critical period. However, his assumption is too big as he was trying to draw a cause and effect. He had not manipulated the variables and this is only a correlation study. Also, he has not taken into the account of what had happened during the period between 2 years old and teenage years. The boys may have other experiences e.g. joined a gang and that had lead them into being affectionless psychopaths. Also, the sample size is small and he has only used male participants in his study, so the sample is not representative and this study cannot be generalized. Bowlby wanted to use this study to proof his theory and he used an interview approach in this study. He might have asked leading question and lead the participants into answering the answers that he wanted. So this study may not be truthful. And this research is retrospective, which he had the participants to talk about their past, and memory could be distorted and may not give accurate answer. Moreover, there may be potential self-serving bias in the teenage boys as they may want to make excuses for their behaviour, so they may blame the situation and make themselves to appear in good light. Furthermore, Bowlby has suggested a maternal deprivation hypothesis. He proposed that a child needs continuous presence of a primary care giver in the first 1.5 to 2 years of age. Or else they will suffer from long term effects of deprivation, these include mental retardation, depression, affectionless psychopathy, etc. However, Rutters study on privated Romanian orphans has suggested effects of privation can be overcome as it was shown that there wasn’t long term damaging effects in the orphans after they have been adopted to a loving home.

Home Appliance Case Study

Q1. What are the Industry’s Dominant Economic Traits? Industry’s Dominant Economic Traits| Features| Questions to answer | Market Size & Growth Rate| U. S is the largest producer of Home appliances in the world. U. S Home appliances industry is in the phase of Maturity. There are four major firms in Home appliances industry in United States. in 2002 there are 74. 5 million units. Dollar volume had been growing at an annual average rate of 1. 9 percent since. Scope of Competitive Rivalry| As major  home appliance  industry became increasingly global it became difficult for global and domestic major  home appliance  companies to survive independently in the competitive environment. | Number Of Rivals| Major rivals who shared 99% of the  market  share were Whirlpool,  General Electric, and Maytag, AB Electrolux. Others who shared 1% of the  market  share were Bosch-Siemens, Haier, Emerson Electric, Sub-zero, Viking and Wolf. Buyer Needs & Requirements| Ma ny consumers were demanding appliances that are attractive, convenient and easy to clean for that consumers are willing to pay top prices for top of the fine appliances that enhances their decor's and save precious time. The manufactures have responded to the consumer demands, by manufacture smart appliances with sophisticated electronic controls and self diagnostic features. | Pace of Technological Change| New technologies and designed were being introduced into major home appliances.Due to governmental pressure, appliance manufactures were introducing energy efficient versions of Home appliances| Degree of Product Differentiation| In US major  home appliances  industry firms differentiated themselves on the basis of quality and cost. | Product Innovation| As a result of high competition and rivalry companies were always in search of innovation. Huge amounts were being spent on R;D in order to replace current technologies with more efficient one. For example use of microwave en ergy in  clothes dryers  so that clothes could be dried faster, at low temperature.This technology was not marketed as it needed further improvement. Another example of innovation is that silent, vibration-free refrigerator instead of the noisy, energy-consuming compressors. The cooling apparatus consisted of wheel containing gadolinium powder moving through a high powdered, rare earth magnet. | Economies of Scale| All the major  home appliance  manufacturers were trying to gain economies of scale by renovating and building production facilities in order to  improve quality  and reduce material costs. | Q2. What kinds of competitive Force are industry members facing? Please make sure you follow my slides for Porter’s analysis. You have to explain the reasons for your evaluation. Threat of New Entrants/ Entry Barriers| Factors|   | HUFA| MUFA| Neutral| MFA| HFA|   | Comment| Economies of scale| Small| | | | 4| | Large| 99% of market shares capture by big four f irms. | Capital require red| Low| | | | | 5| High| The high amount of capital required for the new entrance in this industry | Access to distribution channels| Ample| | 2| | | | Restricted| There are three mass distribution channel. Which distribute appliances to mass. Differentiation| Low |   | 2|   |   |   | High| There is no such differentiation in products features. Focusing on price reduction that drove the surviving firms to increased efficiency and a strong concern for customer satisfaction | Brand Loyalty| Low |   |   |   |   | 5| High| A significant fraction of the consumers of high-end appliances were very knowledgeable about the brands and were also particular about the brands they used. | Experience Curve| Insignificant|   |   |   | 4|   | Significant| They have more than 50 years of experience in appliance industry that was the main source of their success. Govt. Action| | | | | 4| | | Govt has put strong regulations on Industry to produce energy saving products. | Exit Barriers| Factors|   | HUA| MUA| Neutral| MA| HA|   | Comments| Specialized Assets| High| 1  | |   |   | | Low| They have captured a huge market through product development, learning experience and R;D. | Fixed Cost of Exit| High|   | 2|   |   |   | Low| They have spent a huge amount on machinery,labour trainings,R;D| Strategic interrelationship| High|   | 2|   |   |   | Low| Collaboration and commitment with their suppliers and dealers. | Competitive Rivalry|Factors|   | HUFA| MUFA| Neutral| MFA| HFA|   | Comment| Composition of Competitors| Equal Size |   |   |   |   | 5| Unequal Size| All have same resources and same product line so they can compete easily with each other. | Mkt. Growth rate| Slow|   | |   |   |    5| High| Because they have maximum market share and have grap the customers loyalty. | Scope of competition| Global|    1| |   |   | | Domestic| Because of competition with International marke ts. | Capacity Increase| Large|    1|   |   |   | | Small| When they will produce same products as like their competitors so it will exceed the requirements and have to sellin lesser price. Degree of differentiation| Commodity|   |    3| |   |   | High| No such product differentiation among rivals| Threat Of Substitute Product | Factors|   | HUFA| MUFA| N| MFA| HFA|   | Comment| Threat of Obsolescence of Industry’s product| Hi|   |   |   | |    5| Low| Product durability and reliability and no such substitute. | Aggressiveness of substitute products in promotion| Hi|    |   |   | |    5| Low| There is no threat facing from substitute product| Switching Cost| Low | |   |   |   |   5| High| No substitute| | Power Of Buyer|Factors|   | HUFA| MUFA| N| MFA| HFA|   | Comment| Number of Important buyers| Few|   | |   |   4|   | Many| Brand loyalty and innovative products preference. | Product supplied| Commodity|   |   2| à ‚  | |   | Specialty| Similarities in products so they can easily switch to other if they increase the cost | Switching cost| Low| 1|   |   |   |   | High| Buyers can easily switch to other products if low cost. | Profit earned by buyer| Low|   |   2|   | |   | High| Company is getting less profit and providing more discount to customers| | | | | | | | | | | | | | | | |Overall Industry attractiveness| | | | | Factors| Unfav| Neutral| Fav| | | | | Entry Barriers|   |   | *| | | | | | Exit Barriers| *|   |   | | | | | | Rivalry among existing firms| *  | |   | | | | | | Power of buyer| | *  |   | | | | | | Threat of substitutes|   |   | *| | | | | | Q3. Identify forces likely to exert greatest influence over next 1-3 Years? (Please note the Drivers of change are few usually not more than 4 factors). Your Drivers of change must point out. i. Are driving forces acting to cause demand for product to increase or decrease?The driving forces increase th e market demand for product because of emerging technologies, increase in globalization, product innovation and customers’ demand. ii. Are driving forces acting to make competition more or less intense? Competition increases because the existing firm more involved in product innovation, price reduction and globalization. iii. Will driving forces lead to higher or lower industry profitability? Their profitability will increase because of mass production, change in cost, efficiency, change in people’s life style. Q4. Develop Strategic group map for the industry.Justify your reasons? Price| Highlow| Maytag | | AB Electrolux | | | General Electric | Whirlpool | | | | | | | | | Few models Many models| Model Variety| Q5. What are the key Factors for competitive success? Develop competitive profile matrix. Common Types of Industry Key Success Factors (KSF)| Features| Questions to answer| Technology | Introduce energy saving products, customers oriented features and efficient products that have save their cost and time. Manufacturing Related KSF| Economies of scaleIt plays very vital role as the entire major home appliance manufacturers were heavily engaged in renovating and building production facilities to gain economies of scale. E. g. , reducing labor cost and manufacturing cost. QualityProduct Quality is also a key success factor it includes eight dimensions of quality which consumers want i. e. , performance, features, reliability, conformance, durability, serviceability, aesthetics and perceived quality. | Distribution related KSF| There is a strong network of wholesale distributors.Strong direct sales capabilities via the internet. | Marketing Related KSF | They have well known brand name. They have a narrow product line. They are giving guarantees and warranties to their customer. | Strategic Factors| WhirlpoolWeight Rating Weighted Score| MaytagWeight Rating Weighted Score| Market Share| 0. 25| 4 1| 0. 15 3 0. 3| Global expansion| 0. 25| 4 1| 0 . 5 3 0. 3| Learning experience| 0. 20| 4 0. 8| 0. 20 3 0. 6| Product Quality | 0. 15| 3 0. 45| 0. 25 3 0. 75| Production Capacity| 0. 15| 3 0. 45| 0. 25 2 0. 75| Total| 1| 3. 7| 2. 7| Competitive Profile Matrix (CPM)

How Augustine accounts for the existence of evil Essay Example

How Augustine accounts for the existence of evil Essay Example How Augustine accounts for the existence of evil Paper How Augustine accounts for the existence of evil Paper Augustine started from the assumption that God is God holy good and that God created a world free from defects. Following the teaching in genesis 1, Augustine emphasised that all God has made pleased Him. Suffering and evil were therefore unknown. He made the logical point that it is not possible for God to be responsible for evil since evil is not a substance. Instead evil refers to what is lacking in a thing; it is a privation of good. Augustine used the analogy of blindness which is not an entity in itself but an absence of sight. If God can not have created evil, Augustine traced its origin to those areas within the world that have free will, namely, angels and human beings. These abused Gods gift of freedom and chose wilfully to turn their attention away from God, the supreme good, and to idolise instead lesser goods. In keeping with the story of the fall in genesis 3, he argued that the desire for power proved too much for Adam and Eve, who were tempted by Satan, to break Gods command and eat the forbidden fruit from the tree of knowledge. Having explained the origin of evil, Augustine went on to show that all suffering is a fully deserved consequence of human sin. Natural evil originated from the loss of order within nature following the first sin. This destroyed the delicate balance of the world. From then on, there was to be enmity between humans and other creatures. Humans would have to battle constantly to grow enough food. Pain, such as that resulting from child-birth, entered the world, along with death. The first sin also caused the world to be distanced from god. In this new ad damaged environment, remote from god, moral evil flourished and spread. Both types of evil are interpreted as a punishment; all evil is either sin or punishment for sin. Augustine made the essential point that all humans, including innocent babies, deserve to suffer as all humans were present in the loins of Adam. This reflects the ancient belief that every generation was seminally present in Adam, and therefore that every generation is guilty because they inherit his guilt for disobeying god. Augustine concluded this theodicy with a reminder of gods grace if god was simply just every one would go to their rightful punishment in hell. Through his grace however, god sent his son to die on the cross so that some might be saved and go to heaven. This shows that god is merciful as well as just. Augustines view that evil is the result of human free will rather than gods will can be supported. For example, we can argue that if god gives human beings genuine free will this necessarily entails the possibility of moral evil. Augustines theodicy successfully accounts for the existence of natural evil as a result of the introduction for moral evil into the world. We can also support Augustines assumptions that free will is so valuable that it justifies the risk of evil. Because of its compatibility with, and reliance upon, the genesis account of creation, Augustines theodicy appeals to Christians who accept the authority of the bible as the word of god. Some weaknesses of the theodicy are that it has been argued that his theodicy contains; logical errors, scientific errors, and moral errors. Augustines appeal to the free will defence poses a logical difficulty within the specific framework of his theodicy. It is hard to see how, in a perfect world, where there was no knowledge of good and evil, there could possibly be freedom to obey or disobey god, since good and evil would be unknown. The fact that gods creatures chose to disobey him seems to suggest there was already a knowledge of evil which only could have come from god. The scientific difficulties stem from Augustines reliance upon the creation and fall stories in genesis. As a result, much of the arguement rests upon ancient and scientifically controversial Judaeo-Christian theology. One problem is Augustines idea that the world was made perfect by god and then damaged by humans. This contradicts evolutionary theory which asserts that the universe has continually been developing from an earlier stage of chaos. The second major weakness concerns Augustines assumption that each human being was seminally present in Adam. This theory must be rejected on biological grounds which mean that we are not in fact guiltily for Adams sin. This means that god is not just in allowing us to suffer for someone elses sin. One moral difficulty in Augustines theodicy concerns his concept of hell. Hell appears to b part of the design of the universe. This means god must have already anticipated that the world would go wrong and have accepted it. Finally, although Augustine argued that gods selection of some people for heaven shows his mercy, other would argue that it displays irrational inconsistency, further questioning gods goodness. The combined effect of these criticisms leads most people to concluded that Augustines theodicy does not work.

Company Valuation Report Goodman Fielder

Company Valuation Report Goodman Fielder Introduction In this report, we have tried to present a comprehensive evaluation of Goodman Fielder Company. By considering the market and financial environment in which Goodman fielder operates, we have employed the use of several helpful tools to evaluate Goodman Fielder. Here, historical data on share returns, market returns and financial statements will be used to approximate the value of Goodman Fielder shares.Advertising We will write a custom report sample on Company Valuation Report: Goodman Fielder specifically for you for only $16.05 $11/page Learn More The calculated values will then be compared with the actual values of shares at the market. The period of our interest runs from 1st January 2006 to 2nd February 2012. The Du Pont approach has been used to compute for equity returns. Later on, we used the CAPM model to estimate for the required rate of return. We then considered the DDM model, the cash flow model, the earnings ratio model and the pr ice book ratio (Tobin 1969). These approaches have been helpful in understanding various facets (including price value and competitiveness) of the share pricing for Goodman Fielder (a major indicator of a company’s performance) (Viney 2009). Often, we found it necessary to identify a number of actions that can be undertaken by the management of Goodman Fielder to better the prospects of their company. Background Information Goodman Fielder is a food processing and retail company with base operations in Australia (Kenneth 1982). Among the products that are produced and marketed by the Goodman Fielder Company include bread, mayonnaise, milk, pizzas, cooking oils and pies (Kenneth 1982). The company ranks top among the main producers and distributors of food within Australia and the rest of the pacific Islands (Keown 2002). In New Zealand, it (Goodman Fielder) is the largest supplier of flour ands commercial fat to manufacturing industries (Oliver 2009). Thus, apart from being a major producer and distributor of grocery commodities, Goodman Fielder is also a supplier of edible fat and flour to commercial food companies (Ross Sergio 2005). Many Australians love Goodman Fielder products; thus, the company has a good market segment here (Keown 2002). Goodman Fielder company employs more than seven thousand people within Australia and the larger pacific Islands region (New Zealand, Papua Guinea, New Caledonia and Fiji) (Oliver 2009).Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Market Segment As we have seen, Goodman Fielder has a large and wide market segment. Geographically, Goodman Fielder’s market segment cuts across Australia and the pacific Islands region (Collins Kothari 1989). Goodman Fielder produces a variety of products that target various segments in the consumer market (Kopcke 1982). Among the most important segments here include ba king, dairy market, fats and oils, and flour (Collins Kothari 1989). All of the mentioned segments fall within two major categories (Cuthbertson Nitzsche 2008). The first category can be described as one that consists of processed items that are ready for consumption such as packaged milk, bread and pies (Oliver 2009). On the other hand, the second category consists of items that need further processing before they can be supplied to local markets (Kopcke 1982). Such items, which are usually supplied to commercial food companies, include bulk flour and edible oils. Goodman fielder has always been among the two major large scale suppliers of food products in Australia (Cuthbertson Nitzsche 2008). Likewise, the company is the main supplier of edible oil and flour to commercial companies in New Zealand (Oliver 2009). Financial History Although the financial performance of Goodman Fielder has averagely been good for a long time (Rayburn 1986) (where the company has been giving good r eturns on its equity), the same cannot be said about its performance in the past five years (where our analysis of the company will focus) (Ali et al. 1995). The past five years have not been good for Goodman Fielder Company (Cuthbertson Nitzsche 2008). During this period, its (Goodman Fielder) profits have been decreasing steadily (Collins Kothari 1989). The share prices of Goodman Fielder have likewise been on a downward spiral (Cuthbertson Nitzsche 2008). Below is a chart showing the performance of Goodman Fielder’s shares over the past six years (Reilly Brown 2012). As it can be seen above, the shares of Goodman Fielder have decreased by more than a half in within the past six years (Ali et al 1995). Some stock market analysts are even expecting Goodman Fielder shares to even fall further in the coming months. While Goodman Fielder products remain popular within its consumer market, the company has been performing dismally (Ali et al. 1995).Advertising We wil l write a custom report sample on Company Valuation Report: Goodman Fielder specifically for you for only $16.05 $11/page Learn More An evaluation of Goodman Fielder financial statements over the past six years reveals a steady decline in revenues (Ali et al. 1995). A number of factors have helped to contribute towards the dismal performance of Goodman Fielder (Easton 1989). First, the recent years of the global economic crisis created a difficult environment for Goodman Fielder Company (Jorgenson 1968). The sales of Goodman Fielder products decreased as the market adjusted to the economic crisis to seek for cheaper food products from other producers (Atrill et al. 2006). Besides, many micro-scale competitors have emerged; thus, eating into the market segment of Goodman Fielder (Jorgenson 1968). The exports of Goodman Fielder have also been affected by the relative strengthening of the Australian dollar in relation to export markets (Kenneth 1982). Moreover, new in vestments in bakery by the company (Goodman Fielder) have failed to improve on returns (Atrill et al. 2006). The ever increasing fuel prices on the global market have coupled with other factors (such as increases in wage bills) to contribute in increasing production and operation costs for Goodman Fielder (Atrill et al. 2006). Such a direction has eaten into Goodman Fielder revenues; thus, contributing to its dismal performance (Easton 1989). More importantly however, the management of Goodman Fielder have been slow in reacting to the ever dynamic business environment of their company; thus, leading to the poor fortunes of their company (Edwards Bell 1961). While a large number of customers in Australia and the greater pacific Island region love Goodman Fielder products, the company has failed to solidify its market segment here (Atrill et al 2006). The poor performance of Goodman Fielder shares in the stock market is an indication that share investors are losing their confidence i n the ability in its managers (Kenneth 1982). Unlike a number of her counterparts that have successfully emerged from the recent economic crisis (After shrinking during the global economic crisis, the Australian economy has been recording some growths from 2008) to expand their profits, Goodman Fielder is even performing worse at the moment than during the economic crisis period (Ross Sergio 2005).Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More A number of objectives that have often been designed by Goodman fielder management to tackle the economic difficulties facing their company have so far failed to be fruitful (Atrill et al. 2006). The 2011 half year results indicate one of the poorest performing periods for Goodman Fielder in the past six years (The general performance of Goodman Fielder has generally been on a steady decline over the past five years) (Kenneth 1982). In the recent past, Goodman Fielder has at times been unable to pay dividends as a result of its decreasing cash inflows (Miller Modigliani). Obviously, there is an urgent need for Goodman Fielder to restructure and adapt to the current economic environment in its market (Koller et al. 2005). Such a direction can only be achieved by a creative, innovative, and a new management at Goodman Fielder (Edwards Bell 1961). As it will become clear in our analysis, the general performance of Goodman fielder has been way below her peer companies (Baker Powell 1 999). Even with the current progressive growth of the Australian economy (after a difficult economic crisis period), the performance of Goodman Fielder has failed to mirror the expanding Australian GDP (Expected to grow by about 0.8 percent this year) (Edwards Bell 1961). However, the outlook of Goodman and fielder cannot be concluded to be grim (Kopcke 1982). Let us not forget that there are millions of customers that love Goodman Fielder products (Fama French 2001). Much of Goodman Fielder’s future will however depend on the ability of its senior management to return the company where it was in the past decade (Miller Modigliani). With the expanding Australian economy, the possibilities of Goodman Fielder to expand its market share here are real (Baker Powell 1999). Moreover, the economies of pacific Island economies such as New Zealand, where Goodman Fielder has vast interest, have also continued to show a progressive growth; thus, presenting new opportunities for Good man Fielder to expand its markets in these areas too (Fama French 2001). However, as we had seen earlier, the onset of positive fortunes for Goodman Fielder is dependent on the ability of its management to deal with current difficulties and exploit existing opportunities in the market (Baker Powell 1999). Return on Equity Return on Equity is among the most important approaches that are usually utilised by investors to analyze a company’s profitability. Here, we will utilise the most recent returns (Half year returns for the period ending December 2011) data from Goodman Fielder Company to analyse its return on equity. Generally, a company that is able to produce high returns from its equities without accumulating large debts boasts of large cash flows (Baker Powell 1999). Thus, such companies can grow without new capital expenditures. Such an arrangement is useful for investors since they can withdraw funds from such a company and invest their withdrawals in other interest s (Fama French 2001). So as to understand important components on equity returns, we will employ the use of the Du Pont Model in analysing the equity returns of Goodman Fielder Company (for the period mentioned) (Beneda 2003). So as to give investors information on specific areas of interest, the Du Pont model has divided equity returns into three multiples: Net profit Margin, asset turnover, and Gearing Ratio (Kopcke 1982). Thus: Return on Equity = Net Profit margin*Asset Turnover* Gearing Table 1 below summarizes ROE’s for the past six years. Table 1: ROE YEAR Gearing ROE 2011 2.58 3.6 2010 2.78 2.8 2009 3.01 3.4 2008 2.9 4.3 2007 2.6 4.7 2006 2.2 5.6 An equity return of 3.6% is quite low (Fazzari et al. 1988). Such a rate is way below the acceptable average of about 12%. With such rates, investors will thus shy away from buying Goodman Fielder shares at the stock exchange; thus, a low demand for the company shares at the stock market (Beneda 2003). Such a direction explains why the stock prices of Goodman Fielder have been falling steadily at the stock market (Fazzari et al. 1988). In 2011, Goodman Fielder had a profit margin of 1.67 percent. Again, such a profit margin is quite low (Kopcke 1982). It therefore means that the company is making little profits from its revenues (Miller Modigliani). Besides, such a low profit margin is also an indication that there is currently a low possibility that the company’s (Goodman Fielder) management will affect profits to down spiral further (Beneda 2003). Since the profit margin is approaching one percentage point, a further decrease in profit margins is unlikely to result from the mismanagement of Goodman Fielder (Fazzari et al. 1988). It is therefore safer to invest in Goodman Fielder shares with a disregard of how the company’s management could lead to future decreases in profits (Lehn Makhija 1996). However, such a consideration cannot be used in isolation when identifyin g the potential of Goodman Fielder shares (Beneda 2003). During the half year period ending 31st December 2011, Goodman Fielder recorded an asset turnover of 83.5%. The asset turnover ratio is helpful in determining the capacity of a company in converting its assets to incomes (Black 1972). An efficiency of 83.5 % in converting assets to profits is quite acceptable (Fazzari et al. 1988). What however is of concern to investors is the low return on equity despite a leverage of 2.58 (Ohslen 1995). Such an arrangement means that Goodman fielder is relying on debts to generate its low return on equity at 3.6% (Fruhan 1981). Without debts, Goodman fielder would generate a return on equity of only 1.4%. Such an arrangement means that there is a low cash flow within Goodman Fielder; hence, explaining why the company has been facing difficulties in performance (Black 1972). Macro-Economic Factors The global economy is expected to expand slightly in the next few years after experiencing the recent economic crisis (Viney 2009). Here, developing economies like China will experience most growth. On the other hand, developed economies like Australia will experience a slight growth (the Australian economy is expected to grow by 2%). There is usually a strong relationship between economic growth and company growth. The growth prospects of Goodman Fielder Company in 2012 are thus positive. With a market in Indonesia and other Asia-Pacific economies (whose economies are expected to expand marginally), Goodman Fielder can expand her market further. At 2 to 3 percent, the expected rate of inflation in 2012 is within acceptable limits (Green et al. 1996). Australian customers will therefore have enough money to spend on Goodman Fielder products. With a leverage of 2.58, the financial performance of Goodman Fielder will heavily rely on interest rates. If interest rates increase, Goodman Fielder will spend more resources in financing her debt. On the other hand, a decrease in inter est rates will help to finance the expansion plans of Goodman Fielder. Indications at the moment predict a fall in interest rates to levels below 3%. Here, the prospects of companies with large borrowing, such as Goodman Fielder, will remain bright. Estimation of Goodman Fielder Shares CAPM Model The CAPM (Capital Pricing Model) model has for many years been a useful tool in calculating expected returns from shares (Lehn Makhija 1996). Although several economists have criticised the effectiveness of the CAPM model in analysing share returns, no alternative model has been developed to date (Black 1972). Generally, the CAPM model can be represented in the equation below: C= A+ ÃŽ ² (B-A) Where A is the risk free rate, B is the market return rate, ÃŽ ² is the coefficient of the premium rate, and C is the expected rate of return (Ohslen 1995). Our important responsibility lies in calculating beta for the capital pricing model (Black 1972). By observing the above equation, one can be ab le to see that it is an equation of a straight line; with a constant gradient and an intercept (Ohslen 1995). One can therefore be able to determine beta through the use of an appropriate graph that plots C against (B-A) (Fruhan 1981). Having obtained the historical share return indexes from dates 1st January 2006 to 2nd February, 2012, we calculated the monthly share return rates in an excel worksheet (Gozzi et al. 2006). Such rates were obtained by calculating percentage changes in the share returns of adjacent months, and then multiplying the result by 12 to obtain the annual rates of returns (Lehn Makhija 1996). Likewise, a similar procedure was employed to calculate the expected monthly returns of the share market from a dataset than contained monthly return values of shares (from dates 1st January 2006 to 2nd February 2012) (Bond Meghir 1994). The free market rates were obtained from the 20 year Federal Reserve rates (from the historical data of the United States treasury ra tes) (Gozzi et al. 2006). As we have been using in other data sets, our period of interest here is from 1st January 2006 to 2nd February, 2012. The frequency of the treasury rates that we used is monthly. The premium rate was then obtained by subtracting A from B (Lintner 1965). An appropriate graph was then drawn in excel where the rate of share returns was plotted against the premium rates (Lintner 1965). Our raw Beta is thus the coefficient of the premium rate, which (as shown below) was shown to be 0.9691. As it is usually suggested, our raw beta needs to be adjusted as below: 0.9691 (0.67) + 0.33 =0.979 Thus, we obtain an adjusted value of 0.979 as our new beta (Lintner 1965). In analysing the CAMP model, we used treasury rates from the Australian Reserve bank to proxy free market rates (Gozzi et al. 2006). Such a direction was informed by the stability of the treasury rates, and the very unlikely scenario of a default from the Australian government (Bond Meghir 1994). Many e conomists are confident in using the US treasury rates to represent free market rates (Liynat Zarwin 1990). Such rates are often approximated at 5 %( Liynat Zarwin 1990). However, it is useful to observe that in exceptional circumstances, treasury rates can decline (Liynat Zarwin 1990). Such a direction was observed during the recent economic crisis, and also during the early months of 2012. Here, treasury rates went even below 3% during some months. On the other hand, we employed the return value of the stock market to proxy the market return rate (Green et al. 1996). Since such a value is a representation of the average performance in market stocks, it may not represent a true picture of the market return rate (Green et al. 1996). Here, it would be useful to obtain the standard deviation on stock performance so as to understand whether the estimation that we have used is useful in representing market returns (Bond Meghir 1994). However, since such an approach would involve a c umbersome procedure of evaluating the performance of all listed companies in the share market, we simply used the total value of stock returns to calculate our assumed market return rate (Liynat Zarwin 1990). Considering the micro-economic factors that we have discussed above, we found it useful to split the financial performance of Goodman Fielder into four categories: Very strong GDP growth, strong GDP growth, flat growth, weak growth. The table below summarize our estimates. Table 2: Market Return for Different Conditions of Growth. GDP Market Return Estimate(%) Probability (%) Market Return (%) Very Strong ( 5%) 25 10 2.5 Strong (2-5%) 15 60 9 Flat (1-2%) 5 20 1 Weak (1%) -10 10 -1 Average 11.5 With an adjusted Beta, we calculated the current risk premium rate as follows. With a beta of 0.979, taking the current treasury rate (2.75% as obtained from the historical treasury rates), and assuming an average free market return of 5% (since most economist est imate that the premium rate varies from 3.5% to 6%, we take an average of 5%), the risk premium rate can be calculated as: A= 0.05+ 0.979 (0.05) = 9.9% The Dividend valuation Model can be represented as follows: Value= Expected Dividend/ (Return on equity-Growth rate) The table below summarizes returns for different conditions of economic growth. Table 3: Returns for different conditions of economic growth GDP Market Return (%) Risk Premium Required Rate Of Return Very Strong ( 5%) 2.5 -0.025 0.025525 Strong (2-5%) 9 0.04 0.08916 Flat (1-2%) 1 -0.04 0.01084 Weak (1%) -1 -0.06 -0.00874 Average (11.5) 11.5 0.065 0.113635 The discount rate is thus 9.9% and the last dividend payout was 2.5 cents per share (Liynat Zarwin 1990). We estimate a growth rate of 2%. As we had seen earlier during equity returns analysis, the ratio of profit margin was approaching 1%. Such a scenario implies that the management of Goodman Fielder will in future have a slight impact on future pro fit declines (Bond Meghir 1994). Since share prices have also declined to lowest levels, we can expect the share prices to stabilize and grow at a stabilized rate of 2% (Lone et al. 1996). We do not expect the shares to grow at a higher rate at the moment since the company (Goodman Fielder) will require a longer period of time to recover (Bowen et al. 1986). Table 4: DDM Approximations for Share Prices Year Growth Growth Rate Share 2012-2014 Slow Growth 0.02 0.639240506 2014-2016 High  Growth 0.08 2.736842105 2017 0NWARDS Stable  Growth 0.03 0.735507246 Thus, as shown in the table above, the current price for Goodman Fielder Shares is about 0.6392. This particular value is comparable with the market value that has been ranging from 80 cents to 40 cents in 2011. We can also calculate the implied growth rate by assuming that the stock prices for Goodman and Fielder are correctly valued (Lone et al. 1996). Here, with the greatly unstable Goodman Fielder stocks, the cha llenge would be in picking a historical value of the stock (Lone et al. 1996). We can select the sock value on 1st January, 2012 (Green et al. 1996). On this particular date, the stock was traded at 42.42 cents. Thus: 0.4242 = 0.025 (1+g/2)/ (0.099/2-g/2) Thus, implied growth rate is 0.019. Cash Flow Since Goodman Fielder does not always pay dividends, we can use cash flows per share (instead of dividends) to estimate its share value (Head 2008). The cash flow model is similar to the DDM model except that we use cash flows per share, instead of dividends, to calculate share returns. Based on our macro-economic assumptions, we think that Goodman Fielder will experience a slow growth followed by a stage of high growth, before settling at a steady growth. The table below presents approximations of the share price for the three stages above. Table 5  Price Earning Ratio and Price Book Value model Year Growth Growth Rate Share 2012-2014 Slow Growth 0.02 1.856865823 2014-2016 Slo w Growth 0.08 7.949978947 2017 0NWARDS Stable Growth 0.03 2.136501449 Price earnings ratio is useful in indicating the amount of money that investors are willing to spend for each dollar earned in the Goodman Fielder company. Dividing the formulae above by EPS (Earnings per share): Price earning ratio/EPS= Share market Price/EPS/ Earnings pet share According to the DDM: P = A (1+g)/(k-g). Dividing the formulae above by EPS: P/EPS = Payout Ratio (1+g)/(k-g). Thus, price earnings ratio is dependant on the following: the rate of growth, the required rate of return, and payout ratio. However, since the performance of Goodman Fielder has been very unstable, we will use the ratio multiplier to estimate the EPS of Goodman Fielder as shown below. Table 6: Approximated EPS Year 2011 2012 Market Price 0.639 Growth Rate 0.02 EPS 0.128 0.13056 Approx P/E Ratio 4.894301471 It is important to note that with the presence of many dynamics at Goodman fielder, the earning ratio has been changing constantly (Bowen et al. 1986). Price Book Ratio Likewise, Price book ratio = Equity market value/ Equity book value Price book ratio has been computed in the table below. Table 7: Price Book Ratio YEAR 2012-2014 2014-2012 2017 ONWARDS EBV 1754.4 1857.6 1771.6 EBVPS 0.8772 0.9288 0.8858 P/B 1.372253465 0.339369231 1.204338916 Discussion As we had seen, one of the main challenges that one is likely to face while evaluating a company like Goodman Fielder is the presence of many dynamics at play here (Head 2008). For example, data on stock returns for the past six years indicates a gradual dip in stock prices, which change on a continuous basis (Bowen et al. 1986). During our earlier analysis, we were able to observe a pattern of struggle and poor performance at Goodman Fielder (Chitou Ketz 1991). Generally, the overall trend of stock returns has been on a downward trend (Peasnell 1981). Although a number of catalytic activities have once in a while helpe d to stimulate the share prices to rise slightly, the general direction of the stock prices has been a dip (Head 2008). For example, on 6th January 2012, the stock prices for Goodman fielder rose by a third following a 10 percent acquisition of the company’s stake by Wilmer international limited (Ohlsen 1995). However, this particular rise of stocks was short-lived as share prices fell down again after some time (Bowen et al. 1986). Below is a graph showing an analysis of Goodman Fielder stocks in the past 18 months. As it can be seen, the performance has generally been poor. With such a trend, the Goodman Fielder shares have decreased their competitiveness in the stock market: hence, the observed dipping prices (Head 2008). The root mean square that was calculated by Excel’s regression was 0.19. As a result, about 19% of the risks that can be associated with Goodman Fielder are systematic (Peasnell 1981). Such Risks are related to trading activities at the stock mark et (Hitchner 2006). On the other hand, 81 percent of the risks that can be associated with Goodman Fielder are non systematic (Rappaport 1981). Such risks can be associated with the management of Goodman Fielder. From an analysis of the DDM model, we were able to obtain a stock price of 63.28 Cents (Chitou Ketz 1991). Such a value is comparable with the present value of the company’s stock at the share market (Hitchner 2006). However, it is still difficult to determine the accuracy of such a calculated value due to the volatile prices of the company’s share prices (leading to great variations in dividend payouts), which change constantly at the share market (Rappaport 1981). Still, the calculated value can hold for the period under which we evaluated the company (January 2006 to March 2012). On the other hand, our calculated value from cash flows was quite higher than the average share prices of Goodman Fielder (Chitou Ketz 1991). A possible explanation for such an a rrangement is the usual handling of large cash flows in companies that deal with perishables such as Goodman Fielder (Hitchner 2006). There is also a possibility of having taken wrong assumptions in our calculations, and, or errors in our computation (Jorgenson 1968). Due to a continual decrease in its share prices, the shares of Goodman Fielder could also be undervalued at the moment (Chitou Ketz 1991). In the last six years, the share prices of the (Goodman Fielder) company have decreased by over 50%. The management of Goodman fielder needs to develop innovative solutions that would steer their company back to the years of high profitability and high share capitalization (Rayburn 1986). Again, it is important to note that our understanding of the company from the models that have been evaluated above is limited (Scott 1992). Since such an evaluation is dependant on the usually speculative share market, we cannot depend on the company’s volatile share prices to arrive at ou r conclusions (Sainsbury 2010). Although many investors will use some of the methodologies that we have employed above to evaluate the potential of companies, their overall investments are usually based on speculation (Scott 1992). Still, since the performance of a company’s share price is proxy to the financial performance of a company, it can give us important information in evaluating a company (Sharpe 1964). The problem with shares like those of Goodman is that since they have been changing very gradually, it is difficult to associate specific share prices with the company’s performance (Sharpe 1964). The observed overall trend however has been a general decline in the price of the shares (Siegel 1985). Although the Dividends model approach has been useful in helping us to approximate a seemingly accurate value of Goodman fielder’s share price (based on comparison with other share prices), the cash flow system is a more accurate method of determining a compa ny’s share value (Sainsbury 2010). With a poor performance record that has recently streamed from the company (Goodman Fielder), the seemingly high price of shares that was approximated by the cash flow model indicates that the company is currently undervalued at the stock Market (Stewart 1991). In the direction of increasing its market share value, Goodman Fielder company needs to convince investors of its worth (Stiglz Weiss 1981). A robust and creative management will especially help in achieving such a goal (Stiglz Weiss 1981). Comment on Models We have used four different models to evaluate the financial performance of Goodman Fielder Company. These four models include the dividend valuation model, the cash flow model, the price earnings model and the price book value model. The value of Goodman Fielder share price that was approximated by the dividends ratio model is close to the stock performance of the company at the moment (Jorgenson 1968). t. Although the above mo del could have provided a useful approach in evaluating the share value of Goodman Fielder, a number of factors can compromise the accuracy of the DDM. As we have seen, the general performance of Goodman Fielder has been volatile, poor, and a bit unpredictable. It therefore means that the financial state of Goodman Fielder has been on a constant change (mostly in a negative direction). Dividend payouts from Goodman Fielder have reflected the unstable state of Goodman Fielder by changing constantly. Since we used the last dividend payouts to calculate the share price of Goodman Fielder (through the use of the DDM model), the price value that was calculated may not reflect the current state of Goodman Fielder. As it can be reflected in the 2011 half year a financial result, a lot has changed in Goodman Fielder since the last dividend payout. Moreover, with the current state of dismal performance, Goodman Fielder will likely avoid paying dividends payouts in the near future (as it has been doing lately); thus, presenting a difficulty in obtaining dividend values for feeding the DDM. Still, the main advantage that arises in the use of the DDM to calculate share values is the strong relationship that usually exists between share values and dividend payouts. However, for a company that has been moving in a difficult labyrinth like Goodman Fielder, it is not wise to use the DDM to calculate its share value (Collins Kothari 1989). For a company that is undergoing a crisis like Goodman fielder, the cash flow system is a more accurate method for determining the company’s share value (Sainsbury 2010). With a poor performance record that has recently streamed from the company (Goodman Fielder), it is wiser to rely on cash flows (rather than dividends) to calculate the share price of the company. Such a direction eliminates two major problems that were presented by the DDM; unsteady dividend payouts and lack of dividend payouts. As it is often the case, companies t hat are undergoing a crisis will prefer to reinvest resources than pay dividends (Stewart 1991). The cash flow model is therefore the best tool that can yield a more accurate and reliable value of a company’s share price than all the other approaches that we used. The share price of Goodman Fielder as per the cash flow model was much higher than the current share price of Goodman Fielder at the stock market (Ohlsen 1995). It is worth mentioning here that although the cash flow value was marginally higher than the stock value of Goodman fielder at the share market, the stock prices of Goodman Fielder have in recent years been performing better than the cash flow value. Here, the pointer of the cash flow value could be that the current share price of Goodman Fielder is undervalued. The calculated value of the earning ratio for Goodman Fielder is 9.2. This particular value is slightly different, but comparable with the 11 points value that has been approximated at the Bloomberg site. Our calculated price book value for Goodman Fielder Company is 1.33. Again, this particular value is different, but comparable to the 0.98 points value at the Bloomberg site. Although the price earnings ratio and the price book value are great in providing us with values that we can use to calculate share values for Goodman and fielder, they lack one important component in estimating share values-the future performance of Goodman and Fielder. Through the use of a growth rate, the DDM and cash flow models estimate the future performance of a company while estimating the current share value of a company. Conclusion During the past six years, the financial performance of Goodman Fielder has declined steadily. Such a direction has seen the company’s share value drop over the same period. While we obtained a yield from the dividends model that approximated the current value of shares at the stock market, the more accurate cash flows model yielded a value that was at least th rice the current share price. Since most stock investors like earning dividends, the stock market can thus value shares on the basis of dividend payouts (Strong Walker 1993). 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