Wednesday, September 2, 2020
Commercial Vices :: essays research papers
Business Vices à à à à à The business indecencies are betting, prostitution, and medications. The interests of the business indecencies are so solid and across the board that endeavors to restrict them in western nations have consistently fizzled. à à à à à The shades of malice of these indecencies are triple: Those who practice them endure, the lawbreakers who sell them succeed, and the authorization associations are costly, ineffective, and regularly degenerate. à à à à à Two business indecencies have been acknowledged as relentless, however there shades of malice have been limited by legitimization and guideline. These are the specific medication, liquor, and betting. Ethyl liquor, the medication in brew, bourbon, and wine accomplishes more damage is causing mishaps, overdose passings, work disappointments, broken homes, and savagery than every single other medication consolidated. à à à à à The United States endeavored to forbid liquor and fizzled. The Mafia brought in its cash by smuggling liquor. The hoodlums of the twenties what's more, thiries were in the liquor business similarly as the medication merchants of today are in the medication business. Both settled exchange debates with weapon discharge. When liquor forbiddance was revoked and deal by authorized vendors was initiated, the Mafia left the alcohol business and the income specialists relegated to stop the illicit business left business as well. The nature of directed alcohol got guaranteed and burdened, not sufficiently high to inspire smuggling, turned into a wellspring of open income. Utilization of legitimate liquor turned out to be as it were somewhat more noteworthy than the utilization of unlawful liquor had been. à à à à à If we follow the liquor model with every other medication, the advantages will acquire. Substantially more than that, the enticement of the prohibited organic products will vanish. The imprisoning of frivolous medication pushers will stop, along with their preparing as future genuine lawbreakers in the wrongdoing schools which are prisons. On the off chance that we move the immense totals squandered on endeavors and on discipline to genuine training and restoration programs, the medication issue will withdraw to the paltry level it was fifty years back. à à à à à At one time everything except private betting at home was illicit. So the Mafia ran the numbers rackets and mystery games and the bookmaking where law withstanding residents did their relentless betting. Presently governments run lotteries and permit and regulate gambling clubs so the hoodlums are generally out, cheating in negligible, and governments win income as opposed to paying police. à à à à à Prostitution is a much increasingly enthusiastic issue. Dependence on sex is hereditary, perpetual, and hardship has a lot more punishments. Prostitution is the universes most seasoned calling. Here, once more, authorization and guideline in Nevada was at that point dispensed with the pimps and hoodlums and lessen the police
Saturday, August 22, 2020
The Federalist Papers And Federalism Essay Example For Students
The Federalist Papers And Federalism Essay The Federalist Papers And Federalism Essay The Federalist Papers were generally the result of two youngsters: Alexander Hamilton of New York, age 32, and James Madison of Virginia, age 36. The two men once in a while composed four papers in a solitary week. A more established researcher, John Jay, later named as first boss equity of the Supreme Court, composed five of the papers. Hamilton, who had been a helper to Washington during the Revolution, requested that Madison and Jay help him in this task. Their motivation was to convince the New York show to confirm the just-drafted Constitution. We will compose a custom exposition on The Federalist Papers And Federalism explicitly for you for just $16.38 $13.9/page Request now They would independently compose a progression of letters to New York papers, under the nom de plume. In the letters they would clarify and safeguard the Constitution. Hamilton began the thought and laid out the succession of subjects to be talked about, and tended to the vast majority of them in fifty-one of the letters. Madisons Twenty-nine letters have end up being the most paramount in their parity and thoughts of administrative force. It isn't evident whether The Federalist Papers, composed between October 1787 and May 1788 had any impact on New Yorks and Virginias approval of the Constitution. Reference book Britannica characterizes Federalism as, ;A method of political association that joins autonomous states inside a bigger political structure while as yet permitting each state to keep up its own political uprightness (712). Having recently won an upheaval against an abusive government, the American pioneers were in ready to supplant it with another government style of government. Then again, their involvement in the confusion under the Articles of Confederation, because of out of line rivalry between the person states, made them somewhat more open to an expansion in national forces. A number of Federalist Papers contended that another sort of parity, never accomplished somewhere else was conceivable. The Papers were themselves a parity or bargain between the patriot thoughts of Hamilton, who composed more for the business interests of New York, and the disquiet of Madison, who shared the doubt of far off power broadly held by Virginia ranchers. In American Government and Politics Today, Madison suggested that, rather than the supreme power of each state under the Articles of Confederation. The states would hold a remaining sway in all regions which didn't require national concern. The very procedure of approval of the Constitution, he contended, represented the idea of federalism (77). He stated: This consent and endorsement is to be given by the individuals, not as people creating one whole country, yet as making the particular and singular States to which they individually have a place The demonstration, in this way, setting up the Constitution, won't be a national yet a government demonstration (qtd in American 85). The Federalist Papers likewise give the main explicit notice we have of checks and equalizations as a method of confining administrative force and forestalling its maltreatment. Both Hamilton and Madison viewed this as the most ground-breaking type of government. As imagined, prominently chose House of Agents would be checked and adjusted by a progressively traditionalist Senate picked by state councils. (in 1913 the seventeenth Amendment changed this to the well known appointment of legislators). Hamilton saw in letter number 78 that, A vote based get together is to be checked by a just senate and both these by a popularity based boss justice (318). In what numerous history specialists concur is his most splendid paper, number 78. Hamilton guarded the Supreme Courts option to control upon the legality of laws passed by national or state lawmaking bodies. This verifiably pivotal intensity of legal survey, he contended, was a fitting keep an eye on the lawmaking body, ;The pestilential breath of group may harm the wellsprings of equity; (317). Hamilton dismissed the British arrangement of permitting the Parliament to supersede by lion's share vote any court choice it finds to its aversion. ;The official courtrooms are to be viewed as the defenses of a restricted Constitution against authoritative infringements; (318). Just the troublesome procedure of changing the Constitution or the continuous change of its individuals to another perspective, could invert the Supreme Courts understanding of that archive. In the most unique of The Federalist Papers, Number 10. Madison tended to this twofold test. .u60eb181a68d7d9f1d981ae3e73cfdc44 , .u60eb181a68d7d9f1d981ae3e73cfdc44 .postImageUrl , .u60eb181a68d7d9f1d981ae3e73cfdc44 .focused content region { min-tallness: 80px; position: relative; } .u60eb181a68d7d9f1d981ae3e73cfdc44 , .u60eb181a68d7d9f1d981ae3e73cfdc44:hover , .u60eb181a68d7d9f1d981ae3e73cfdc44:visited , .u60eb181a68d7d9f1d981ae3e73cfdc44:active { border:0!important; } .u60eb181a68d7d9f1d981ae3e73cfdc44 .clearfix:after { content: ; show: table; clear: both; } .u60eb181a68d7d9f1d981ae3e73cfdc44 { show: square; change: foundation shading 250ms; webkit-progress: foundation shading 250ms; width: 100%; obscurity: 1; progress: mistiness 250ms; webkit-progress: murkiness 250ms; foundation shading: #95A5A6; } .u60eb181a68d7d9f1d981ae3e73cfdc44:active , .u60eb181a68d7d9f1d981ae3e73cfdc44:hover { haziness: 1; progress: darkness 250ms; webkit-progress: murkiness 250ms; foundation shading: #2C3E50; } .u60eb181a68d7d9f1d981ae3e73cfdc44 .focused content zone { width: 100%; position: rela tive; } .u60eb181a68d7d9f1d981ae3e73cfdc44 .ctaText { fringe base: 0 strong #fff; shading: #2980B9; text dimension: 16px; textual style weight: striking; edge: 0; cushioning: 0; content improvement: underline; } .u60eb181a68d7d9f1d981ae3e73cfdc44 .postTitle { shading: #FFFFFF; text dimension: 16px; textual style weight: 600; edge: 0; cushioning: 0; width: 100%; } .u60eb181a68d7d9f1d981ae3e73cfdc44 .ctaButton { foundation shading: #7F8C8D!important; shading: #2980B9; outskirt: none; outskirt range: 3px; box-shadow: none; text dimension: 14px; textual style weight: intense; line-stature: 26px; moz-outskirt sweep: 3px; content adjust: focus; content beautification: none; content shadow: none; width: 80px; min-stature: 80px; foundation: url(https://artscolumbia.org/wp-content/modules/intelly-related-posts/resources/pictures/straightforward arrow.png)no-rehash; position: outright; right: 0; top: 0; } .u60eb181a68d7d9f1d981ae3e73cfdc44:hover .ctaButton { foundation shading: #34495E!import ant; } .u60eb181a68d7d9f1d981ae3e73cfdc44 .focused content { show: table; tallness: 80px; cushioning left: 18px; top: 0; } .u60eb181a68d7d9f1d981ae3e73cfdc44-content { show: table-cell; edge: 0; cushioning: 0; cushioning right: 108px; position: relative; vertical-adjust: center; width: 100%; } .u60eb181a68d7d9f1d981ae3e73cfdc44:after { content: ; show: square; clear: both; } READ: Social Justice Billy Budd Essay His fundamental concern was the need, To break and control the brutality of group (36). Which means ideological groups. He respected political partys as the most serious threat to well known government. Madison composed: I comprehend various residents are joined together and activated by a few basic drive of energy, or of intrigue, unfavorable to the privileges of other residents, or to the lasting and total interests of the network. These interests or interests that jeopardize the privileges of others might be . The Federalist Papers and Federalism Essay Example For Students The Federalist Papers and Federalism Essay The Federalist Papers were for the most part the result of two youngsters: Alexander Hamilton of New York, age 32, and James Madison of Virginia, age 36. The two men now and then composed four papers in a solitary week. A more established researcher, John Jay, later named as first boss equity of the Supreme Court, composed five of the papers. Hamilton, who had been a helper to Washington during the Revolution, requested that Madison and Jay help him in this undertaking. Their motivation was to convince the New York show to endorse the just-drafted Constitution. They would independently compose a progression of letters to New York papers, under the nom de plume. In the letters they would clarify and guard the Constitution. Hamilton began the thought and sketched out the arrangement of themes to be talked about, and tended to the majority of them in fifty-one of the letters. Madisons Twenty-nine letters have end up being the most essential in their equalization and thoughts of administrative force. It isn't certain whether The Federalist Papers, composed between October 1787 and May 1788 had any impact on New Yorks and Virginias endorsement of the Constitution. Reference book Britannica characterizes Federalism as, A method of political association that joins autonomous states inside a bigger political structure while as yet permitting each state to keep up its own political trustworthiness (712). We will compose a custom article on The Federalist Papers and Federalism explicitly for you for just $16.38 $13.9/page Request now Having quite recently won a transformation against a severe government, the American homesteaders were in ready to supplant it with another government style of government. Then again, their involvement in the confusion under the Articles of Confederation, because of out of line rivalry between the person states, made them somewhat more responsive to an expansion in national forces. A number of Federalist Papers contended that another sort of parity, never accomplished somewhere else was conceivable. The Papers were themselves an equalization or bargain between the patriot thoughts of Hamilton, who composed more for the business interests of New York, and the disquiet of Madison, who shared the suspicion of far off power generally held by Virginia ranchers. In American Government and Politics Today, Madison recommended that, rather than the total sway of each state under the Articles of Confederation. The states would hold
Friday, August 21, 2020
Politics & The English Language-By George Orwell Essay
1: Orwellââ¬â¢s proposition is to some degree expressed, yet in addition inferred. His proposition is that any impact can turn into a reason, to such an extent that something that begins as a guide for an alternate sickness may in the end become impeding. 2: Orwellââ¬â¢s relationship of the circumstances and logical results of liquor maltreatment to the death of lanuage in passage two is extremely powerful. It shows a chain response, where the individual beginnings drinking liquor to battle an issue in their live, yet then the liquor inevitably prompts progressively troublesome issues. 3: In Paragraph 4, Orwell utilizes a likeness to contrast ââ¬Å"phrases attached togetherâ⬠with ââ¬Å"sections of a pre-assembled henhouseâ⬠. That shows how writing comprises of words that arenââ¬â¢t essentially picked for their importance, however rather in light of the fact that itââ¬â¢s simple. In Paragraph 12, Orwell utilizes a similie to contrast somebody ââ¬Å"chokingâ⬠with ââ¬Å"tea leaves hindering a sinkâ⬠, which shows how the creator realizes what he needs to state, however at times he has such a large number of ââ¬Å"stale phrasesâ⬠in his mind. In passage 15, Orwell utilizes a similie to think about ââ¬Å"a mass of Latin words fall upon the factsâ⬠to ââ¬Å"soft snowâ⬠, which obscures the blueprints, and conceals the subtleties. In passage 16, Orwell looks at ââ¬Å"his wordsâ⬠to ââ¬Å"cavalry ponies noting the bugleâ⬠, which make a similarity that is viable on the grounds that the two words and rangers ponies are incredible. 4: Removing the broad employments of models in sections 5, 6, 7 and 8 debilitates Orwellââ¬â¢s contention, and makes the entry less intriguing and exhausting to peruse. The models additionally help Orwellââ¬â¢s believability as an essayist. 5: The extra data in the references in sections 7 and 8 serve to explain and develop his thoughts. I accept that he made them references, instead of putting the extra data directly in the body of the paper, since placing the data in the body of the content would remove center from what he was composing and the focuses he was attempting to make. 6: Orwell might not have any doctoral capabilities to communicate in on language, however he builds up his ethos, his moral intrigue; by utilizing a massive measure of models. He ought not of been more straightforward, he demonstrated his point very well in the manner he previously composed the article. 7: Orwellââ¬â¢s exposition is composed dazzlingly. He begins the article with a couple of early on sections, at that point he records 5 entries where what he just states applies, which is truly adept at demonstrating his point. At that point he talks on four distinct segments: Dying Metaphors, Operators or Verbal False Limbs, Pretentious Diction, and Meaningless Words. He utilizes a strange measure of models all through his paper. 8: Orwellââ¬â¢s reason recorded as a hard copy the article was to show how much language and wording can influence someoneââ¬â¢s composing. His Post-WWII information could help the article, on the grounds that during WWII the two sides (Axis and Allied) utilized promulgation to emphasize their point, and their publicity utilized wording impacts much of the time to express what is on their mind. 9: Orwellââ¬â¢s tone shifts over the section, yet he is continually attempting to achieve a similar objective of the wording impact on language and composing.
Tuesday, May 26, 2020
How to Write an Essay Sample That is Reliable For the FDA Evaluation
How to Write an Essay Sample That is Reliable For the FDA EvaluationAre you worried about the amount of time it will take to complete FDA evaluation of your product or in some cases the actual type of drugs that FDA is looking for? Well, worry no more because there are several ways by which you can finish a long and boring essay sample.The easiest way to do this is by utilizing research online. All you need to do is read as much as you can and make a concise outline of your topic in order to help you write well.After you have determined the topic that you wish to cover, then you can go online and select from several questions and answers sites that will be able to provide you with a number of answers. This is the best way to get started as many of these sites will provide an outline example for each question that you will ask. You can create your own outline and then start from there.Alternatively, you can either use this type of outline as a source of a detailed summary of your essa y sample, or simply rely on the outline as a starting point. If you find yourself relying on the outline, you will find that once you have completed your essay sample, you will be surprised by the outcome.Don't forget that it will be up to you to study and revise your sample to make it as clear and concise as possible. You must remember that, no matter how well written your sample is, it will still be subject to a rigorous review process at the FDA.It is a powerful favor to know that you are not alone in your struggle to finish a pharmaceutical research project. Many scientists, chemists, and other professionals feel like they have a duty to complete any research project, regardless of the cost and the time required.Make sure that you spend as much time as you can on your research project. Once you have finished your research, then it is a time consuming process to submit your project for review, but do not forget that it is also a simple and rewarding endeavor.
Saturday, May 16, 2020
The Religious And Social Differences Between Ancient...
The Religious and Social Differences between Ancient Greece and Rome In modern day, everyone tends to think of the Roman gods when they think of Greece, or when they think of the ancient gods in general. Juno versus Hera, Jupiter versus Zeus, and Mars versus Ares are some examples of their different and separate deities; not just their names, but their personalities as well. There are many differences between the two religions, as well as differences between each cultureââ¬â¢s social standings. Not only are there differences, but there are, of course, similarities. While they do indeed have their similarities, though, ancient Greece and ancient Rome will always be ultimately different. As many believe, the ancient polytheistic religions of ancient Greece and Rome are very similarââ¬âbut that just is not true, not in entirety. The pagan gods of ancient Rome are known to be more violent than their Greek counterparts; for example, Venus was the Roman goddess of not just love, but also of ââ¬Å"sex, beauty, fertility, and even prostitutionâ⬠(Garcia). On the other side, the Greek goddess Aphrodite was solely about love, beauty, and desire; and not just simple love either, she was also known for inspiring the love of oneââ¬â¢s self as well. Aside from the differences in the Greek and Roman gods, the Greek religion was known to be more of the personal aspect, while the Roman was more of the belief in spirits who protected and watched over the Roman people. Not only that, but the RomanShow MoreRelatedGreek And Roman Civilizations : Greece And Ancient Civilizations1503 Words à |à 7 Pages Greek and Roman Civilizations In examining the impact that the ancient world has had on modern Western civilization, the two ancient civilizations which are frequently understood as having had the greatest influence are Ancient Greece and Ancient Rome. These two civilizations would eventually come to shape much of what would become the modern European culture, politics and society, and by extension, a vast proportion of global culture and society. In scrutinizing the trajectory of modern historyRead MoreGreek And Roman Civilizations : Greece And Ancient Civilizations1498 Words à |à 6 Pages Greek and Roman Civilizations In examining the impact that the ancient world has had on modern Western civilization, the two ancient civilizations which are frequently understood as having had the greatest influence are Ancient Greece and Ancient Rome. These two civilizations would eventually come to shape much of what would become the modern European culture, politics and society, and by extension, a vast proportion of global culture and society. In examining the trajectory of modern historyRead MoreAncient Greeks And The Roman Empire1085 Words à |à 5 Pagesââ¬Å"There is an old saying, ââ¬Å"Rome wasnââ¬â¢t built in a day.â⬠However, it could also be said that, ââ¬Å"Rome wasnââ¬â¢t built, by the Ancient Greeks, in a day.â⬠(Crest) Ancient Greece was founded in 800 B.C. and was seen to be the first technical, civilized society. Within this society there were large advances in art, poetry and technology. Despite these advances Greece finally fell to the Romans in the Battle of Corint h in circa 146 B.C. and was established as a Province of the Roman Empire. This occupationRead MoreWomen Of The Roman Empire1022 Words à |à 5 PagesIn the Roman Empire, and in most ancient societies, the role and status of woman has been obscured by the bias of ancient male writers. Just as women are viewed in ancient Greece, and Imperial China, women in the Roman Empire were viewed as inferior to men. In the Roman Empire it was believed that women should be under the control of a guardian, which controls the aspects of her life. This guardian could be her father, husband, or a male relative (Nystrom). Marriage in the Roman Empire was not romanticRead MoreA Vegetarian Vs. Vegan Essay1372 Words à |à 6 Pagesââ¬Å"A vegetarian vs. vegan? Whatââ¬â¢s the difference?â⬠Although the differences may be known by some, many are foreign as to what distinguishes these two lifestyles. While vegetarians refrain from consuming an animal s flesh, vegans choose to rid themselves of the consumption and use of any animal derived products. With dietary limitations established, it is clear that these two differ greatly, but what unites them is how the lifestyles came to be. As a vegan myself, I have developed core arguments andRead MoreMediterranean Society Under Greek and Roman Influence Essay855 Words à |à 4 Pageswere spread across the globe. ââ¬Å"The rise of the series of city-states of classical Greece began in the ninth century B.C.E. and during the late sixth century B.C.E, Romeââ¬â¢s development as a republic began as Etruscan society declinedâ⬠(Bentley et al, 2008 p .132, 145). The development of these empires encouraged cultural circulation, blending the culture of the two empires into the land it conquered. As Greece and Rome gained more territory within the Mediterranean society, they began to progress towardRead MoreThe Greeks Were Deeply Religious People1434 Words à |à 6 PagesThe Greeks were deeply religious people. They worshiped many Gods who they believed appeared in human like form and yet had superhuman strength including ageless beauty. The ââ¬Å"Iliadâ⬠and the ââ¬Å"Odyssey,â⬠were cultures earliest surviving examples of Greek literature that told stories of men encountering with a variety of Gods and goddesses. Roman Religion was more practical and less poetical than the Greek religion was however; they both had similar roles and duties. ââ¬Å"The Greek religion was more of someRead MoreWomen and Their Roles in History2647 Words à |à 11 Pagesof their time. These women of ancient civilizations have led us to t he roles of women in our society today. They have boosted the standing of women in society and have tried to be individuals. In some time periods, women were controlled completely by men and in others they were moderately controlled by men. This paper will focus on the roles of women in certain areas. The civilizations that I analyzed closely were the Roman Empire, Han China, Classical Greece, Byzantium, Egypt, and Europe duringRead More Greek Education v.s Roman Education Essay examples6135 Words à |à 25 Pages Similarities and Differences: Ancient Greece vs. Ancient Rome nbsp;nbsp;nbsp;nbsp;nbsp;Many qualities of the Ancient Roman civilization were undoubtedly borrowed from their predecessors of the Greek culture (Bonner 1). Roman education, however, is only a reflection of the Greek education system. Ancient Roman education tactics differ from the education methods used by Ancient Greek instruction. Nevertheless, these two different approaches contain many similarities. Although the Romans madeRead MoreGreek Education V.S Roman Education6248 Words à |à 25 PagesSimilarities and Differences: Ancient Greece vs. Ancient Rome Many qualities of the Ancient Roman civilization were undoubtedly borrowed from their predecessors of the Greek culture (Bonner 1). Roman education, however, is only a reflection of the Greek education system. Ancient Roman education tactics differ from the education methods used by Ancient Greek instruction. Nevertheless, these two different approaches contain many similarities. Although the Romans made an effort to reproduce the
Wednesday, May 6, 2020
Cinema in Toni Morrisons The Bluest Eye Essay - 1584 Words
Cinema in Toni Morrisons The Bluest Eye In Toni Morrisonââ¬â¢s novel, The Bluest Eye, characters learn how to perform social roles though film. Pauline goes to the movies in search of a more glamorous identity. Instead, the unattainable beauty she sees onscreen reaffirms her low place in society. Laura Mulveyââ¬â¢s article, Visual and Other Pleasures, explains filmââ¬â¢s ability to indoctrinate patriarchal social order. This ability is certainly applicable to Morrisonââ¬â¢s novel. Film reinforces the Breedlovesââ¬â¢ place in society, teaches Claudia to love Shirley Temple and constructs women as sexual objects for pleasure. Mulveyââ¬â¢s article also examines the powerful, active male gaze. In The Bluest Eye the female gaze is constructed as dirty,â⬠¦show more contentâ⬠¦A part on the side, with one little curl on my forehead. It looked just like her. Well, almost just likeâ⬠(Morrison 123). Pauline recognizes herself in the glamorous women onscreen. Mulvey discusses this type of rec ognition in her article. She refers to it as a type of mirror stage when the viewerââ¬â¢s ââ¬Å"curiosity and the wish to look intermingle with a fascination with likeness and recognitionâ⬠(Mulvey 17). She goes on to explain how this type of recognition then leads to misrecognition. Pauline experiences such misrecognition. She learns that she can never be like the beautiful women in the movies. While watching the show, her tooth falls out. She then realizes, ââ¬Å"There I was five months pregnant, trying to look like Jean Harlow, and a front tooth gone. Everything went then. Look like I just didnââ¬â¢t care no more after thatâ⬠(Morrison 123). The tooth falling out reminds Pauline of her ugliness and helps her to understand her mistake in identifying with Jean Harlow. She understands she will never be beautiful or glamorous, which are the traits the movies have taught her to value. Because of her film education, Pauline learns to hate herself. The movi es reinforce her inferior social status. She now believes in her ugliness and the ugliness of her family. She sees ââ¬Å"nothing to contradict the statement; saw, in fact, support for it leaning at them from every billboard, every movie, every glanceâ⬠(Morrison 39). Film instructs Pauline of her proper placeShow MoreRelatedWoman Is The Nigger Of The Wolrd: The Bluest Eye by Toni Morrison934 Words à |à 4 PagesIgnored as a person. Denied as a species. ââ¬ËThe total absence of human recognitionâ⬠(Morrison, 36). For decades, African-Americans have not only been looked down upon by white people, they have been dehumanized. Toni Morrison is controversial for pillorying this topic, that has been silenced by white society for years, not from the ââ¬ËMaster Narrativeââ¬â¢ perspective, that is the white male oneââ¬â¢s, but from the exact opposite of this: an African-American girl. By doing this, she does not only awake pityRead MoreThe Bluest Eye Toni Morrison Essay2185 Words à |à 9 PagesSociety, especially western, conceptualizes beauty through the use of publicity and cinema. We are under constant bombardment from consumer related magazine ads, billboards, television commercials, and movies about what ââ¬Å"beautifulâ⬠people look like and how we should imitate them. This standard is overwhelmingly portrayed as white beauty. Starting from a young age this standard of beauty is forged in our minds; we want to look like these actors and models; we want to be thin, fit, youthful lookingRead More Morrisons Sexual Depictions Essay examples2203 Words à |à 9 PagesMorrisons Sexual Depictions Toni Morrison incorporated vulgar sexual depictions into her novel with distinct literary intentions. Although many challengers of the novel contest that these scenes contain no value, Morrison composed these depictions with specific intent and purpose. It was not for shock value or merely to be obscene, but to illustrate to her audience the damaging effect society can have on its most vulnerable members. She spoke through the silence to lobby the destruction ofRead MoreMrs. Macteer and Mrs. Breedlove1780 Words à |à 8 PagesParental guidance and support are key components of the foundation of a childââ¬â¢s growth and development. Without either, a child cannot grow and develop properly. In her novel The Bluest Eye, Toni Morrison examines the effect of different mothers on their respective children through the characters of Mrs. MacTeer and Mrs. Breedlove. Throughout the novel, both characters express their thoughts and feelings through words, with Mrs. MacTeer having a few fuss y soliloquies and Mrs. Breedlove having a fewRead MoreInterpersonal Oppression In Toni Morrisons The Bluest Eye1474 Words à |à 6 Pagesmedia, be it television, magazines, or the cinema. With this theory in mind, we are better able to understand some literature, including Toni Morrisonââ¬â¢s novel, The Bluest Eye. The Bluest Eye, written by Toni Morrison, is a novel about a young black girl named Pecola Breedlove. Pecola lives in a time where colorism (discrimination based on the lightness or darkness of skin) is rampant. Because of this, Pecola wants blue eyes. She believes that blue eyes will solve her problems and make her happy.Read MoreThe Bluest Eye By Toni Morrison1103 Words à |à 5 Pages Toni Morrison is known for her prized works exploring themes and issues that are rampant in African American communities. Viewing Toni Morrisonââ¬â¢s novel The Bluest Eye from a psychoanalytical lens sheds light onto how, as members of a marginalized group, characterââ¬â¢s low self-esteem reflect into their actions, desires, and defense mechanisms. In her analysis of psychoanalytical criticism, Lois Tyson focuses on psychological defense mechanisms such as selective perception, selective memory, denial
Tuesday, May 5, 2020
Machiavelli2 Essay Example For Students
Machiavelli2 Essay The Prince, written by Machiavelli, was a guide for all the rulers of his time who wanted to become major powers and to find all the solutions to their political problems. In his book, Machiavelli mentions a great amount of key points that guide rulers to the road of success. One of the key aspects that Machiavelli talks about is fate and how it effects the decisions of a ruler. The following paragraphs will discuss how human affairs are governed by fate, and how fate can be contested. During Machiavellis time, it was commonly thought that events were ruled by fate and by God only. Not only that, but men could do nothing to stop or protect themselves from those events. Machiavelli did believe in fate, but he did not believe in the fact the fate controlled all events that occurred to mankind. If that were so then princes would rule by chance. This is proven when Machiavelli states I am not unaware that many have held and hold the opinion that the events are controlled by fortunecause of this, they would conclude that there is no point in sweating over things, but that one should submit to the rulings of chance. (Machiavelli, pg.79) Machiavelli argued that fate controlled one half a persons life but the other half was governed by the people themselves. Machiavelli strongly suggests that princes are fortunate when fate and time are in harmony with their procedures, but things fall apart when things begin to change and the princes do not attempt to adapt to the changes. Machiavelli uses Pope Julius II who was always impulsive with his commands and succeeded in obtaining what no other pope obtained. The reason for this is because times and decisions were constantly changing and he adapted those changes to his procedures. Machiavelli quotes Pope Julius II was impetuous in everything; and he found the time and circumstances so favorable to his way of proceeding that he always met with success. (Machiavelli. Pg 81. ) Machiavelli Concludes that fortune is like a women, and to keep her suppressed it is necessary to beat her and fight with her. This is revealed when Machiavelli declares that it is better to be impetuous than circumspect; because fortune is a women and if she is to be submissive it is necessary to beat and coerce her. (Machiavelli. Pg. 82) Machiavelli has some very convincing points when it comes to fate and how it could be opposed. I agree with the fact that not all things are caused because of fate or fortune and that people can change the things if they put their minds to it. However, I disagree when Machiavelli states that its better to be impetuous than it is to think calmly about the situation. I strongly believe that if decisions are to be made, they should be made with extreme caution and not in a hasty manner. Especially if a ruler is dealing with politics and issues that would affect a country.Furthermore, I find a major flaw in Machiavellis comparison with fate and women. Think of the relationship between a man and a woman as a princes relationship with himself and the thrown. If a man treats a woman with love, care, and is not rash with his decisions then they could end up having a long lasting relationship. However, if a man decides to do something with out calmly thinking about the consequences, like having an affair, then he can loose the relationship. Bibliography:
Wednesday, April 15, 2020
Civil War Flags Essays - Battle Of Spotsylvania Court House
Civil War Flags The Color Bearer Tradition The War Between the States was the heyday of American battleflags and their bearers. With unusualhistorical accuracy, many stirring battle paintings show the colors and their intrepid bearers in the forefront of the fray or as a rallying point in a retreat. The colors of a Civil War regiment embodied its honor, and the men chosen to bear them made up an elite. Tall, muscular men were preferred, because holding aloft a large, heavy banner, to keep it visible through battle smoke and at a distance, demanded physical strength. Courage was likewise required to carry a flag into combat, as the colors "drew lead like a magnet." South Carolina's Palmetto Sharpshooters, for example, lost 10 out of 11 of its bearers and color guard at the Battle of Seven Pines, the flag passing through four hands without touching the ground. Birth and Early Life in Charleston Born in Charleston in 1824, Charles Edmiston and his twin sister, Ellen Ann, were the third son and second daughter, respectively, of newspaper editor Joseph Whilden and his wife, Elizabeth Gilbert Whilden. The births of two more sons, Richard Furman in 1826 and William Gilbert in 1828, would complete the family, making seven children in all. Young Charles' roots ran deep into the soil of the lowcountry. His Whilden ancestors had settled in the Charleston area in the 1690's, and an ancestor on his mother's side, the Rev. William Screven, had arrived in South Carolina even earlier, establishing the First Baptist Church of Charleston in 1683, today the oldest church in the Southern Baptist Convention. Like many Southerners who came of age in the late antebellum period, Charles Whilden took pride in his ancestors' role in the American Revolution, especially his grandfather, Joseph Whilden, who, at 18, had run away from his family's plantation in Christ Church Parish to join the forces under Brigadier General Francis "Swamp Fox" Marion fighting the British. At the time of Charles' birth, the family of Joseph and Elizabeth Whilden lived comfortably in their home on Magazine Street, attended by their devoted slave, Juno Waller Seymour, a diminutive, energetic black woman known as "Maumer Juno" to four generations of the Whilden family. Raised by Maumer Juno from the cradle, Charles soon developed a strong attachment to the woman - an attachment that would endure to the end of his life. The prosperity of Joseph Whilden and his family would prove less enduring, however, and business reversals, beginning in the late 1820's, combined with Joseph's stroke a few years later and his eventual death in 1838, would reduce his family to genteel poverty. To help make ends meet, Maumer Juno took in ironing. Despite a lack of money for college, young Charles managed to obtain a good education. Details about Charles' schooling are sketchy, but the polished prose of his surviving letters reflects a practiced hand and a cultivated intellect. Charles' admission to the South Carolina bar at Columbia in 1845 is further evidence of a triumph of intellect and effort over financial adversity. In the closing decades of the antebellum period, when Charles Whilden was growing up in Charleston, the city was the commercial and cultural center of the lowcountry as well as South Carolina's manufacturing center and most cosmopolitan city. By the time Charles Whilden reached adulthood, however, the Charleston economy was in decline, and the city's population would actually diminish during the decade of the 1850's. Not surprisingly, after a brief attempt to establish a law practice in Charleston, Attorney Whilden chose to seek his fortune outside his home town. But the practice of law in the upcountry town of Pendleton also failed to pan out for Whilden. Confronted with a major career decision, Whilden elected not only to leave the law but also to leave the Palmetto State for the north. The 1850 federal censustakers found Charles Whilden living in a boarding house in Detroit, Michigan, where he worked as a clerk, probably in a newspaper office. Speculation in copper stocks and land on Lake Superior soon left Charles deeply in debt to his youngest brother, William, who had built up a successful merchandising business back home in Charleston. Desperate to
Thursday, March 12, 2020
Why Human Cloning Should Be Illegal essays
Why Human Cloning Should Be Illegal essays A basketball team with five Michael Jordans just wouldnt be fair, even against the best team in the league. If human cloning was legal, that is the kind of thing the world would be facing. People could clone anyone and use it against other people to hurt them or even kill people; anything would be possible. Human cloning would bring about a whole new era of lies, deception and criminal behavior among human kind. If human cloning is legalized then a mother can have a daughter, and they could be twins. A mother could have a son, and her husband could be his twin. It would just create chaos in the world, unhumane, and unethical situations for the government and the people to have to figure out. Human cloning mistakes would be abortion, which as of right now is still considered murder. The project for cloning the famous sheep, Dolly, was started back in 1970. She was cloned by a somatic cell nuclear transfer. (Jones) A single cell from her mothers egg and a mammary cell were fused together. After they are fused together, the cell turned into an embryo, which was implanted in a surrogate sheep. (Jones) The embryo then turned into a lamb that was genetically identical to the donor sheep. (Jones) Scientists didnt create Dolly on the first try. It took them two hundred and seventy-seven tries before they actually created her. She of course died because cloning means a shorter life span and more health complications. (Jones) According to the republican representative, Dave Weldon of Florida, human cloning is both unsafe and unethical. He has created a bill against human and embryonic cloning. Even cloning sheep, mice, cows, and pigs should be illegal. Everyone keeps claiming that there are therapeutic purposes behind cloning, but in all reality there are no reasons or purposes at all. Weldon believes that human cloning is disrespect towards human life. Man is trying ...
Tuesday, February 25, 2020
Riordan Manufacturing Case Study Example | Topics and Well Written Essays - 250 words
Riordan Manufacturing - Case Study Example Riordan Manufacturers has to think of other ways to ensure that timely delivery or customer access is kept and goods delivered to the quantity set by the company. This document outlines ways Riordan Manufacturing can distribute its products even with the Huffman Trucking on the slacking process. The five-year contract entered with Huffman Trucking restricts Riordan Manufacturing from exiting the contract before its expiry; they therefore have to continue with them even with their delays costing them. Riordan still pressure Huffman on the delivery process in a different way. They have to set a certain limit of shipments which must be met by the Huffman Trucking in a given period. Failure to meet this limit, the company can sue Huffman or even exit the contract. This would keep Huffman on toes and ensure that they transport the goods to the required destinations in time. Riordan can also put up on distribution retails all over United States. This will ensure customers need not purchase their goods from the main company but can just visit the nearest retail and demand what they want. Self service can also be implemented by the company (Kotler, 2009). Customers can purchase the goods and personally come for them from the company premises. This will even save the company the expenses of having to ship the goods to the customers. Direct mailing is also another method which can be used by Riordan to ensure customers receive their goods in time. Riordan needs to acquire customersââ¬â¢ direct addresses which will ensure access by the company. The company can also use wholesale agreements to ensure their customers are reached (Kotler, 2009). The wholesalers come for the goods from the premises and Riordan only receives the final price after the wholesalers have deducted their costs. This will reduce the time taken by the company to reach their customers. Riordan Manufacturers
Sunday, February 9, 2020
Marketing research for apple company Paper Example | Topics and Well Written Essays - 500 words
Marketing for apple company - Research Paper Example According to the recent history, behavioral trends, and industry expertise, particular experiences will drive the uptake of Apple Watch. Apple sold nearly 5 million iPad units in the first two quarters of release and Apple Watch is no exception. According to a study by ABI Research on wearables and smart accessories market research, it was found that iOS will gain a 35% share in the universal smartwatch segment by 2015, just behind Android at 42%.à Studies have indicated that Apple has a track record for developing products which have revolutionized peopleââ¬â¢s lives. With regard to marketing data, the smart watch will be able to locate the location of consumers. As the wearables become increasingly popular, market research analyst firm has predicted that, in 2015, Apple will successfully dominate the smart-watch market. The shipments of the wearable brands will increase by 129% with 28.2 million of the 43.2 million sold being smart brands, whilst 15 million will be basic brands (Vasanth, 2014). The sources of primary data include surveys and in-depth interviews. According to an in-depth interview conducted on Ryan Raffaeli, an assistant professor at Harvard Business School, he affirms that Apple Watch is certainly the most advanced smart watch on the market currently. Ryan further points out that Apple Watch introduces various incremental innovations which enhance and combine several technologies which have been evolving in the wearables market in the last few years (Harvard Business School, 2014). From the in-depth interview, it can be deduced that Apple Watch brings the greatest functional value to the consumer. The smartwatch brings forth user integration within their existing ecosystem. Apple Watch can track biometric and personal data. By forming partnerships with the health care industry, it can improve consumer health and wellness. It
Thursday, January 30, 2020
Evaluate the Current State of the Economy Essay Example for Free
Evaluate the Current State of the Economy Essay Labor market conditions are important especially for the following categories, businesses, individuals, and governments. The nationââ¬â¢s labor market conditions are constantly monitored by statistical analysis, unemployment rate being the primary metric. In April of 2014, the unemployment rate fell from 6.7% percent to 6.3% percent (Bureau of Labor Statistics. May 2014), which was the lowest rate since September of 2008. Since January the unemployment rate had been somewhat flat, but in April 2014 it dropped. However in April, the labor force additionally dropped by 806,000 (Bureau of Labor Statistics, May 2014) meaning the current ratio drop from 6. 7% to 6.3% comparatively remains approximately the same as the constant trend. In other words, because of the decrease in workforce, the drop in unemployment may be partially a result of the decrease in workforce. The consistent level of unemployment makes shifts on AD and AS curve minor. When unemployment decreases, as it did in April, a correlation linking the drop in unemployment to an increased demand of goods and services can be made. This increased demand requires the productivity of companies to increase to meet the supply deficit, creating more jobs for individuals. With a greater demand for goods and services, there is a greater need for people to produce them, therefore a decrease in unemployment. Additionally, the decrease in unemployment means household income will improve, providing them with more disposable income. As noted above, because of the increase in demand (seen in the decline in the unemployment rate), a direct correlation can be made to an increase in supply, though delayed. The increase in supply increases the number of new employees as employers look to meet the demand for goods and services, shifting the ASà curve to the right as well. In most cases unemployment remains constant, but in US, the high unemployment rate (compared to the past) can have a negative effect on the economy. The steady unemployment rate can reduce the supply of labor in the economy, as unemployed people become discouraged and stop looking for jobs. This would shift the aggregate supply curve to the left. Also employers may use the threat of unemployment to cut wages, exploiting their workers. Expectations The great intangible factor directly affecting the economy currently is peopleââ¬â¢s expectations for future economic growth. These economic expectations influence the economy greatly. If businesses and households are more optimistic about the future of the economy, they are more likely to buy large items and make new investments, increasing the aggregate demand. The AD can change in a variety of ways. Peoples expectations causes them to spend less or be forced to cut spending, it causes the government to cut its spending, and it causes businesses to be more money conscious when choosing what their investment in goods will be from other companies. As a gauge, many people look at the gross domestic product (GDP), the broadest measure of economic activity, which grew at a 0.1% annual pace in the first quarter of 2014 (U.S. Bureau of Economic Analysis, April 2014). This is slow growth compared to recent annual rates of 2% to 3% (U.S. Bureau of Economic Analysis, April 2014). Many think the slowdown was caused by the long winter felt throughout the country. These slow growth rates shift both the AD and AS curves to the left, as consumers and business feel the affect or peopleââ¬â¢s ââ¬Å"wait and seeâ⬠attitude in economy. Assuming this is all weather based, the economy should bounce as household moral improves with the warmer spring and summer weather. Consumer expectations are also reflected in their spending. Consumer spending rose 0.3 percent last month after a downwardly revised gain of 0.2 percent in January (Mutikani, Lucia, March 2014), positive for now, but on a larger scale reports show the slowdown in real GDP growth is reflected in the downturn in exports. The exports of industrial supplies and materials as well as foods, feeds, and beveragesà declined after increasing in the fourth quarter of 2013. (U.S. Bureau of Economic Analysis, April 2014). Additionally, imports have also declined by 0.4 percent in April, after increasing 1.8 percent in the first quarter of 2014 (Bureau of Labor Statistics. April 2014). The April drop was the first monthly decrease since the index fell 0.9 percent in November 2013 (Bureau of Labor Statistics. April 2014). Import prices also fell 0.3 percent over the past 12 months and have not recorded a year-over-year advance since the index increased 0.9 percent from July 2012 to July 2013 (Bureau of Labor Statistics. April 2014). There drops in the US economy are felt in the household sector through the implementation of monetary and physical policy which are used to combat economic declines which directly affect consumerââ¬â¢s expectation and spending habits. Consumer Income As mentioned above, consumers are still buying things. Consumer spending continues to be a bright spot, growing at a 3% annual pace. (Mutikani, Lucia, March 2014). This occurred even though prices of goods and services bought by U.S. residents rose 1.4 percent in the first quarter, after rising 1.5 percent in the fourth quarter of 2013. Both energy prices and food prices turned up. Excluding food and energy, prices increased 1.4 percent in the first quarter after rising 1.8 percent in the fourth quarter (U.S. Bureau of Economic Analysis, April 2014). This illustrates the shift in AD tow the right. Meaning consumers are willing to pay higher prices at current production rates. The increase in consumables indicates consumers have more disposable income to spend on goods and services, and they are not choosing to save. Personal income and personal saving statistic showing that personal income adjusted for inflation and taxes increased 1.9 percent in the first quarter, compared with 0.8 percent in the fourth quarter of 2013 (Mutikani, Lucia, March 2014). Incomes also rose 0.3 percent last month after rising by the same margin in January. Additionally, inflation has remained low. Combiningà these factors, consumer spending, price increases, low inflation, increased personal income, will inevitably be forecasted by business as indicators to increase production. Increased production also increase supply, shifting AS to the right as business attempt to meet consumer demand. Interest Rates Interest rates in the United States are the lowest they have been in years. This indicates the policy and stance taken by the government for lending money. The government is trying to entice consumers to file for loans as well as encourage banks to lend and approve loans. With interest rates this low and consumer income increasing, one would expect consumers to increase their buying of more significant items. The aggregate demand curve shows, at various price levels, the quantity of goods and services produced domestically that consumers, businesses, and governments are willing to purchase. The increase in demand for low interest loans would shift the AD curve as a shift to the right. Domestically, the Federal Reserve expected to remain in a wait-and-see mode, hoping to get a clearer picture of U.S.ââ¬â¢s future economic strength (Kurtz, Annalyn, April 2014). Moreover, the Federal Reserve has been buying bonds to stimulate the U.S. economy on and off since 2008, but the central bank is now gradually bringing that program to an end. The withdrawal process is expected to reduce bond purchases to around $45 billion a month (Kurtz, Annalyn, April 2014), and this process potentially will shift the nations monetary policy to focus more on interest rates rather than adjustments to the monetary base. These changes to the interest rates will impact capital goods decisions made by consumers and by businesses. Lower interest rates will lower the costs of major products, such as houses, and will increase business capital project spending because of the reduction in long-term investment costs. Such changes will move the aggregate demand curve will down and to the right. But, in the event of an interest rate hike, the higher real interest ratesà will make capital goods relatively more expensive and cause the aggregate demand curve to shift up and to the left. Recommendations Americaââ¬â¢s recent financial crisis and the anticipated future economic outlook can be traced back to 2007 when the U.S. housing bubble burst. The bank failures created a dominos affect, creating an economic meltdown in all sectors of the US economy. Despite government attempts to help the situation, the economy has slowed and has slipped in and out of recession. As a result, the current government policies have not been effective, creating hesitations in consumer spending. Since 2008, the actions taken by the Federal Reserve have put the U.S.ââ¬â¢s economy in jeopardy. To stem the economic slide of the U.S. housing collapse, the Federal Reserve has printed off trillions of dollars and has increased government spending in the economy hoping the influx of cash will jump start economic activity. But is has had an inverse affect. This dilution of the monetary base has diluted the value of the U.S. dollar (USD) domestically and internationally and has caused concern of consumer spending in the loanable funds market. Consumer spending is a 69% of the US GDP (The World Bank, 2013). An increase in spending would stimulate additional demand for products. With an increase in demand, business would increase productivity resulting in an improved GDP and lower unemployment. Additionally, in 2014 one of the greatest uses of a consumerââ¬â¢s income is to pay health care costs. The Bureau of Economic Analysis noted that the increase in health care costs was driven primarily by the implementation of the Affordable Care Act. Removing the Affordable Health Care Act will improve consumer spending, as their disposable income percentage will increase. When the financial crisis began in 2008, the U.S. national debt stood approximately at $10 trillion. Based on the US Treasuries own figures, the national debt will reach be close to $20.0 trillion by the end of this decade (US Treasury Department ââ¬â Treasury Direct, 2014), greater than our nationââ¬â¢s GDP. Reducing governmentà debt takes a long time, especially with the current international influences (China, Japan, EU). A fiscal policy to increased taxes and reduced government spending would be a place to start. Additionally, a reduction in monetary base will again, strengthen the USD internationally, helping facilitate and increase import/exports. Part 2: Evaluation of Recommendations Keynesian Perspective: Based upon the thorough analysis completed above, the Keynesian model is an appropriate mechanism for stimulating an economy that is growing but at a much slower rate than what is typical during a period of economic expansion. After a couple of years of substantive growth, the numbers for the first quarter of 2014 showed a GDP increase of just 0.1%. While the unemployment numbers continue to show a decline. While stubbornly remaining at 6.7% nationally through April, the most recent numbers show significant decline to 6.3%. The mortgage interest rates fell recently to 4.29% as the housing market has slowed down recently. While the Fed is beginning to slow down buying treasury bonds, it will continue to keep interest rates low until all signs point to GDP growth returning to a normal rate of 3.28% annually. Those numbers are indicative of annual GDP growth rates from 1948 to 2009. The first quarter of 2009 saw the economy shrink by nearly 5% following the market collapse and the bank bailouts just before President Obama took office. Subsequently, the bailout of GM and Chrysler in 2009 also impacted the economy as well, but was necessary to save the industry and jobs in Detroit and elsewhere for parts manufacturers and suppliers. The risk of course was the loss of more than a million jobs, but in the end the loss was $10.5 billion in taxpayer money not repaid by GM. Classical Macroeconomic theory assumes that market conditions will sort themselves out, but the confluence of catastrophic economic issues such as: the real estate market collapse, bank insolvency, the stock market collapse and the auto industry bailouts meant looking at long-term solutions wouldà not provide the confidence in the markets and consumers alike. Short-term or stop gap measures needed to stem the downward spiral to depression and economic contraction were and are required to right the economic ship. Keynesian economic theory is more prone to acceptance of government stimulus as it relied on government spending during economic downturns. They Keynesians believe that the economy is made up of consumer spending, business investment and government spending and because of this, Fed monetary policy adjustments should be made to promote banks to make loans, businesses to invest in growth and expansion and consumers to have more buying power due to lower interest rates. When consumer spending is decreasing, the Keynesian theory believes that the government spending can help with economic growth. The current course of action taken by the Fed and the President should be continued for the foreseeable future until economic conditions stabilize back to the norms over the last 60-plus years. Once GDP growth returns to expansionist highs and inflation begins to rise, there may be a need to take corrective action again to slow the economy down, but for now that is not an issue. Since economic growth is lacking, government intervention is needed to help regulate and jumpstart the economy. This will allow banks to lend more, businesses to invest more and households to spend more. It is crucial for these three entities to do as such since it will help the economy grow and progress. Classical Perspective: A portion of the AS curve that is almost vertical is associated with a real GDP rate that fully employs a nationââ¬â¢s resources. At a rate of output, the nation has reached the limitation of its short run capacity, so an attempt to increase employment or output beyond this rat would result only in a higher aver price level. The theory is built on the fact that in the long run, a nations move gradually and automatically moves toward full employment. This inexorable like movement toward full employment is theà result of supply and demand forces that cause prices (wages, interest rates, and exchange rates) to adjust so that markets clear. And after enough time, the market will settle the supply and demand in all markets, and thereby eliminate any imbalances, such as employment. Since many classical economists do not believe that government spending gives power to the public sector and decreasing the private sector, they do not fully agree with too much government spending as it ex ploits a lot of economic resources. Example: ââ¬Å"Suppose a nation had excessive unemployment. Classical economist would agree that a major cause of the unemployment was an average real wage rate that was above equilibrium. At this wage rate the amount of labor supplied exceeds the amount demanded, resulting in unemployment. The excessive supply of labor would put downward pressure on real wages. Falling real wages would then have two reinforcing affects that acted simultaneously to bring the labor market back into equilibrium. First, lower real wages would increase the incentive for businesses to hire workers; second, they would reduce the number of individuals in the workforce. For instance, instead of looking for work, some individuals might stay in school or remain homemakers. If real wages fell the amount of labor supplied would equal the amount demanded and unemployment would be solved.â⬠(Marthinsen, John E. (2007)) The classical perspective emphasizes on the belief that government spending is detrimental to the economy and that the market itself is self-sufficient and can automatically adjust to increases and decrease of employment, consumer spending, business investment and so on. The current government policies have not been effective and when looking at it from this classical perspective, it might be necessary for the government to step back and let the mark equilibrate itself. References: Bureau of Labor Statistics. (April 2014), U.S. Import and Export Price Indexes Retrieved from http://www.bls.gov/news.release/ximpim.nr0.htm Bureau of Labor Statistics. (May 2014), Labor Force Statistics from the Current Population Survey Retrieved from http://data.bls.gov/timeseries/LNS14000000 Conerly, Bill (2014) Economic Forecast 2014-2015: Looking Better With Help From Oil And Gas Retrieved from http://www.forbes.com/sites/billconerly/2014/01/22/economic-forecast-2014-2015-looking-better-with-help-from-oil-and-gas/ Congressional Budget Office, (February 2014). The Budget and Economic Outlook: 2014 to 2024 Retrieved from http://www.cbo.gov/publication/45010 Kurtz, Annalyn, (April 2014). U.S. Economy Slows to Stall-Speed Retrieved from http://money.cnn.com/2014/04/30/investing/gdp-economy Marthinsen, John E. (2007) Managing in a Global Economy: Demystifying International Macroeconomics. Mason, OH: Thomas Southwestern Mutikani, Lucia (March 2014). U.S. consumers lift spending, but sentiment slips. Retrieved from http://www.reuters.com/article/2014/03/28/us-usa-economy-idUSBREA2R0UB20140328 The World Bank. (2013). Household final consumption expenditure, etc. (% of GDP) Retrieved from http://data.worldbank.org/indicator/NE.CON.PETC.ZS U.S. Bureau of Economic Analysis, (April 2014). National Income and Product Accounts Gross Domestic Product: First Quarter 2014 (advance estimate). Retrieved from https://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm US Treasury Department ââ¬â Treasury Direct, (2014). Historical Debt Outstanding Annual 2000 ââ¬â 2012 Retrieved from http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo5.htm
Wednesday, January 22, 2020
Bell Jar summary :: essays papers
Bell Jar summary Many have paralleled Sylvia Plathââ¬â¢s novel, The Bell Jar, to her very own life. Plath is known for her tormented life of constant depression and disappointments, causing her to end her life early at the young age of 30. The time frame in which the book is in matches the times when she is enlisted in many mental institutes and ultimately her suicide. The story of Esther Greenwood also tells the feelings and emotions of Sylvia Plath. Other characters in the novel are said to be in relation to characters in the authorââ¬â¢s life. The novel begins where Esther is just about halfway through her job as Mademoiselle, a fashion magazine. She and many other girls received this opportunity because of their exceptional writing abilities. Even though this she had waited for this chance for a year, she is actually disappointed because she had expected more from the other prizewinners. ââ¬Å"These girls looked awfully bored to me. I saw them on the roof yawning and painting their nails and trying to keep their Bermuda tans, and they seemed bored as hell... Girls like that make me sick.â⬠(Pg. 4) A couple other unfortunate events also led her to be depressed at her stay in the hotel. At a dinner gathering, Esther ate a lot of crabmeat that happened to be poisoned. She passes out and awakes in her room. Her recovery is slow and agonizing. Another social event causes yet again another mishap. Doreen, Esther best friend there, sets Esther up with a friend of Doreenââ¬â¢s boyfriend to go to a party. There, the bli nd date attempts to sexually assault, but Esther resists and walks away with her dignity. After returning to the hotel, Esther takes no care of the assault and just carries on. Later, she finds out that her on and off boyfriend, Buddy Willard, is actually not a virgin. ââ¬Å"At first I thought he must have slept with the waitress only that once, but when I asked how many times, just to make sure, he said he couldnââ¬â¢t remember but a couple of times a week for the rest for the summer.â⬠Knowing this, she thought it to be okay if she were to have an affair also. On a date with Constantin, he invites her to his room, but to her dismay, nothing happens.
Monday, January 13, 2020
Turkey’s Retailing Sector Analysis
RETAILING INDUSTRY in terms of Food- Non Food * Sectorial Overview; Retailing is the business activity that involves selling products/services to customers for their non-commercial, individual or family use. Normally, retailing is the final stage of the distribution process. The middle and long term potential of Turkey retail industry continue remaining attractive. Companies in sector support the sectorial expansion with their expansion strategies, negative business administration fund and powerful cash creating capabilities.The defensive structure of sector and low penetration strengthen this situation. With the increase in consumer demand, rapid urbanization, increase in large scale retail investments the number of shopping malls in Turkey increased by more than 20% in the last two years. In the same period, the total surface rent area in Turkey increased by more than 30% and reached As it can be seen on the graph below; the total size of the retail sector (organized and unorganize d) in Turkey is expected to reach $355 billion in 2013 and grow with 10% until 2016. (See Figure 1 in Appendix)Organized retail, a highly promising segment due to increasing per capita consumer spending and relatively weaker presence up to now in comparison with developed markets, is estimated to be 40% of the total retail industry in Turkey. (See Figure 2 and Figure 3 in Appendix) * The share of organized retail continue increasing; The share of organized retail which has the level of %25 in the total retail market in 2000 exceeds the levels of %50 according to the 2013 predictions. Turkey organized retail market achieve an impressive growth in last 10 years.It is anticipated that the share of organized retailers increase from the level %47 to the level %60 in upcoming 5 years. It is anticipated that the share of organized retail increases to the level of %60 till 2015. While the food retail segment constitute more than half of total retail market, traditional structure such as loc al markets and groceries still dominates the market. It is expected that approximate number of 10. 000 organized retail store will be twofold in 5-6 years. Besides, it is predicted that the number of groceries will be regress from 150. 00 to 100. 000 at the same period. Turkey, with its 105 milliard dollars sales figure, is located in 6th line in Europe retail sector. Nevertheless, while the total share of 5 biggest players in Europe is approximately %50, it is %20 in Turkey. Organized Retail Sector is the fastest expanding canal discount merchandising. It is expected that the number of approximately 6. 000 discount stores in Turkey will be twofold in upcoming 4 or 5 years. With the support of increase in the income per capita, %12 growth is anticipated in retail sector between 2009 and 2015.The discount store chain in Turkey (such as A101, SOK, BIM, DIASA) have a very fast growth schedules. BIM is placed in the first row in discount merchandising with its large store quantity. The company is planning to open 300 or 350 new stores every year. The fast increase in store quantities supports scale economy and companies are able to pull down their sale prices thanks to the decline in costs. With the effect of increasing competition in sector, it is expected that the growth accelerate with purchasing in forthcoming years. Despite the high competition, the retail sector is enlarging expeditiously; 6 major organized food retailing brand constitute %37 of total market in spite of divided structure. It is expected that it will be inorganic growth, merchandising and reunions, thus the companies will achieve more competitive charges by increasing their purchasing power in 2013 and later on with the intensity of competition. 2 Major Retailing Companies in the Sector; MIGROS vs BIM BIM and MIGROS which are the prominent players of Turkey food retail sector, are analyzed in this assignment in terms of their financial analysis.In retailing sector, these 2 companies have a gr eat effect and they are known as most powerful competitors with their shares all over the industry. Migros has 6% and BIM has 9% industry shares. (See Figure 4 in the Appendix) 1) BIM BIM (Birlesik Magazalar A. S. ) adopts as a principle the supply of the highest quality basic foodstuff to consumers, at the best possible prices. BIM began its operations in 1995 with 21 stores and in line with this principle. BIMââ¬â¢s product portfolio comprises around 600 products. 44. 12% of BIM shares started to be traded in Istanbul Stock Exchange in 15 July 2005.BIM is the first representative of high level discount model in Turkey and the company got in stock market return for its rapid growth. While BIM finishes its 7th year in stock market, it became the 12th company that has highest market value of Turkey. * Board of Directors Mustafa Latif TopbasChairman of the Executive Committee Ekrem PakdemirliVice Chairman of the Board Mahmud MeraliBoard member and has chaired the Audit Committee Jo s SimonsBoard member and consultant. Omer Hulusi TopbasBoard member. Yalc? n OnerBoard member. Dr. Zeki Ziya SozenBoard member. Turnover doubled to six; The rapid growth of the company had an effect on the rise of BIM , whose capitalââ¬â¢s 17,43 per cent belongs to Mustafa Latif Topbas, in stock market. (See Table 1; Structure of BIMââ¬â¢s Shareholders) BIM ââ¬Ës sales revenues were 1. 4 billion TL . In the end of 2011, this revenues reached to 8. 2 billion TL. Also, the personnel number of the company increased approximately 3 times in 7 years. In the end of 2010, BIM became the endorsement leader with 6. 5 billion TL in the retailing sector of Turkey and it maintained this position in 2011.As abroad, while the company increases the number of stores in Morocco, aims Egypt for the next year. This year, BIM also started to operate in mobile communication industry with the name of BIMCELL. * Growth Strategy; Aggressive Growth among the competitor companies that strength After 11% increase in number of stores in 2011, with the number of 3. 584 stores in 2012, BIM is the retailer that has the largest store network in Turkey. (See Figure 5; Number of Stores ) BIM plans to open 400 new stores in 2013 and reach 5. 500 stores in 2015.With the store numbers increases there also has been 14% increase in number of employees in the company in 2011. BIM has been expanding their business, operations in every part. (See Figure 6; Number of Employees) These increases in operation side lead to an increase in number of average daily customers with 14% in 2011. (See Figure 7; Average number of Daily Customers) Of course with these changes, company carried out a 25 percent net sales increase over the industry average in 2011 and 2012. (See Figure 8; Sales and Gross Profit Margin) It is estimated that a sales increase over 20 per cent in 2013.Depending on this net sales growth, Companyââ¬â¢s net profit has been increased by 22% over the last three years. Due to the inc rease in net sales; margin values regarding net profit, gross profit, EBIT, EBITDA have been decreased over 3 years. (See Figure 9; Net Profit and Net Profit Margin) With the effect of net sales increase, EBIT has been increased to 347,5 in 2011 ( See Figure 10; EBIT and EBIT margin) These was a 19%increase in companyââ¬â¢s EBITDA and this means that there is an increase in amortization so we can say that company increased their asset purchases as we can see on the related figure. See Figure 11; EBITDA and EBITDA margin) * 18 times has been increased in 7 years; BIM began to be traded with 672. 9 million TL of market value in July, 2005. The value of the company increased approximately 18 times in 7 years based on TL. The increase in BIM stocks since the first trading day was 1. 861 per cent. As a result of its rapid growth, BIMââ¬â¢s market value is the over of the Erdemir, Arcelik, Ford Otosan, Finansbank and Vak? fbank in addition to Tupras that is the Turkey's largest indu strial enterprise and refinery giant.Also, BIM has paid its shareholders a total dividend of 700 million TL in the period of 7 years in the stock market. (See Figure 12; BIM Dividend Payment over the last 5 years). As the companyââ¬â¢s profit increased dividend payments are increased also. There has been a positive relationship between them. This is a very good indicator for the companyââ¬â¢s investors who already invested in BIMââ¬â¢s shares and who are planning to invest. Also as a result of the increase in BIMââ¬â¢s stock prices and stock revenues; value of the company also increased. So, this situation put the company's principal shareholder, Mustafa Latif Topbas, to the Forbes list. On the other hand, for each stock BIM has really high returns and it brings some important risks also for the investors. (See Figure 13; IMKB 100 vs. BIM Stocks) When we compare the situation of BIMââ¬â¢s stocks in Imkb 100 with stocks of MIGROS, BIM has a higher return, profit for th e investors and because the returns and prices of BIM higher than IMKB 100 and because there is a really important difference between the line according to Figure, BIMââ¬â¢s stocks are also operated and valued in IMKB 30. Why is it rising? * The rapid growth in the number of stores and endorsement. * The high capacity of dividend payment.. * Increasing profitability of the company every year. * To expand abroad with Morocco. * To bring new revenues with BIMCELL. *3/4 of the shares in stock market is belonged to foreigners. * Growth Targets in Egypt after Morocco: BIM will open stores in Egypt by 2013. The company estimates that the growth in Egypt will be faster compared to the growth in Morocco. Recently, BIM operates in Morocco with 103 stores.And the company plans to open 50 new stores in Egypt every year after 2013. 2)MIGROS Originally established in Turkey in 1954 as a collaboration of the Swiss-based Migros Cooperatives Society and the Istanbul municipality, Migrosââ¬â¢s primary mission was to supply economically priced groceries and household supplies to consumers in Istanbul under wholesome conditions. In 1975 the Koc Group acquired a majority stake in the company, following which there was a steady increase in both number of its stores and its brand value for more than a decade.In 1991, Migros became the first publicly traded company in retail. Following a Koc Group strategic decision to pull out of grocery retailing, in February 2008 Koc Holding signed an agreement to sell its 50. 83% stake in Migros to Moonlight Perakendecilik. Transfer of the shares took place on May 30th of the same year. On 30 April 2009, Moonlight Perakendecilik (now known as Migros Ticaret A. S. ) and Migros Turk T. A. S. were merged into a single company which has since been operating under the name ââ¬Å"Migros Ticaret â⬠and whose principal shareholder is MH Perakendecilik ve Ticaret A. S.In 2005 Migros further bolstered its leadership of Turkeyââ¬â¢s food ret ailing sector with its acquisition of Tansas, another national chain As of end-2011 Migros was operating through a total of 745 national and international locations. With a national presence in all seven of Turkeyââ¬â¢s geographical regions taking the form of 262 ââ¬Å"Mâ⬠, 190 ââ¬Å"MMâ⬠, 59 ââ¬Å"MMMâ⬠, and 16 ââ¬Å"5Mâ⬠Migros-branded stores and of 177 ââ¬Å"Tansasâ⬠and 13 ââ¬Å"Macrocenterâ⬠stores, its international footprint consisted of 23 Ramstores in Kazakhstan and another 5 in Macedonia. ( See Figure 14,15 ; Breakdown of Net Sales Area by Store Brands of MH Group) Distribution of Dividend According to latest data from the companyââ¬â¢s official web-site, at the companyââ¬â¢s Annual General Meeting held on May 20, 2010, it was decided to distribute a gross cash dividend of TL 195,833,000 to the shares representing TL 178,030,000 capital and the dividend disbursement is to start on May 28, 2010. On July 30th, 2009, it was decided to distribute the dividend of the free reserves after setting aside the reserves required by law to the share certificates representing the capital of TRY 178,030,000 and to use TRY 2,492,420,000 from this source for the distribution of gross cash dividends. See Table 2; Structure of Migrosââ¬â¢s Shareholders) * Growth Strategy: The company increased its total store number to 745 in 2011. (See Table 3) and 2012, they increased the stores to 874 by opening 142 new stores. The company is planning to open 100 new stores in 2013. It is expected that the company will maintain rapid growth and increasing operation profitability in 2013 by focusing on its main operations. In addition to this, in 2013, it is estimated that the company will have 13% sales growth in year basis and 6. 4% EBITDA margin. * The positive effect of selling of ââ¬Å"SOKâ⬠on Profitability.After selling SOK Discount Stores, thanks to high margins of supermarket segment and improvements in operational manage ment and supply chain, Migrosââ¬â¢s EBITDA margin increased in 2011. It increased from 5. 7% in 2011 to 6. 5% in 2011. While Migros leave the channel of low margin discount retailing that is in intense competition, it will increase its penetration in supermarket segment that it is the leader in. In the medium term, 6. 0%- 6. 5% is the sustainable margin level. It is expected that sale, partnership and the reunion debates of Migros and CarrefourSa in 2013 will close the sale after getting purchased the food by Makro. BC Partnersââ¬â¢ expectation of selling the share of Migros, BC Partners (MH Retailing) which is %80,5 shareholder of Migros is a private equity company centered in London. In spite of the fact that it is expected that BC Partners will sell their quantum of Migros in between 2013-2014, there is no explanation about the time period. It is thought that, despite the aggressive growth strategies of Migros continue, the quantum sale in 2013 is highly possible. In the ca se of selling deal, it is possible to be made a call for minor shareholders. * Companyââ¬â¢s Stock Returns in IMKB 100When we compare the Migros Stock Returns we can say that, the prices of each stocks are less than BIMââ¬â¢s stocks and their returns are above the IMKB 100 line. This situation makes companyââ¬â¢s stocks profitable but at the same time it may mean a high risk for the investors ( See Figure 17; IMKB 100 vs. MIGROS Stocks) Analysis of Financial Ratios of BIM & MIGROS (See Tables 4,5,6) 1) Liquidity Ratios Current Ratio: This ratio is commonly used as an index for current financial position and used for measuring companyââ¬â¢s ability to pay short-term debts and determining the companyââ¬â¢s net working capital if it is enough or not.Generally it is expected to be 2,00. The ratio of 1 is also acceptable. When we look at both companies both of them may have some difficulties to pay their short-term liabilities. For the firms which has a high level of inven tory turnover ratio and receivable turnover ratio like Bim, they are able to pay their short-term debts easily. Quick Ratio: It is a more sensitive ratios than current ratio. It shows us the ability of firms to pay their short-term liabilities when they have no sales growth, when their sales stops. It is expected to be 1. The ratios of both firms are less than deal number so receivable accounts and cash cover short term liabilities and their abilities to pay are not good but at least both firmsââ¬â¢ ratios are higher than industry ratio and this brings these 2 companies in a better position in terms of short-term debts. Cash Ratio: It is most sensitive liquidity ratio. Generally, this ratio is not expected to be under 0. 20. As both firms cash ratios are higher than industry ratio, it wonââ¬â¢t difficulties for paying their debts in the condition of lack of sales and getting their receivables. Additionally, company is holding more cash than needed.Net Working Capital: If the v alue of networking capital is minus, this means companyââ¬â¢s current liabilities are more than current assets. This is the main reason for the company which finance its current assets with current liabilities. This is the case for BIM. We can say that company might have done current assest investments. We can say that BIM has some problems in terms of liquidity. Migros has positive networking capital and it has no liquidity problem. 2) Leverage Ratios Total Debt Ratio: This ratio is expected to be under 50%. With 0. 64, 0. 63 and 0. 64 ratios according to three years, BIM has higher values than this ideal ratio.When we look at industry ratio, it is 2,00. This ratio tells us, foreign resources are used for financing assets by the rate of 0. 64. It shows that BIM can pay its debts by selling assets when the operation stopped. This is the same for Migros expect the year 2010. It has a very high ratio, even higher than the industry level which is 2,41. Debt to Equity Ratio: This rat io can be equal to 1 or higher than 1. If it is higher than 1, it means difficulties in paying debts and interests or if it is lower than 1, it means company finance their assets by using its equities. The industry ratio is 1. 3. By looking Migrosââ¬â¢s DTE ratios, they mostly finance their assets by using their equities instead of using foreign resources and they will have no difficulties while paying their debts, liabilities in the future. But when we compare it with the industry which is almost 1, Migros will have less advantage in any crisis condition. In this case, Bim has a more advantageous position than Migros because its ratios are closer to industry ratio and ideal ratio. Long Term Debt: It is a normal ratio 0. 12 ââ¬â 0. 16 in Turkey. The industry ratio is 1. 03. Migrosââ¬â¢s ratios are 0. 47, 0. 44, 0. 49 orderly.Bimââ¬â¢s ratios are 0. 01, 0. 01, 0. 01 orderly. If this ratio is high, this increases interest burden, decreases dividends and as a result, it ca uses not to cover debt burden. Migros prefers long-term foreign resources rather than using their equities. Long Term Debt to Equity: Ideal ratio is 1. Migrosââ¬â¢s ratios are 0. 64, 1. 85, 2. 26. Bimââ¬â¢s ratios are 0. 04, 0. 03, 0. 03 orderly. The industry ratio is 0. 84. For Bim with these ratios that are less than 1, it means that Bimââ¬â¢s equity is more than long term debts. It is valid for these three years. Times Interest Earned: This ratio should be more than 8.Higher value of times interest earned ratio is favorable meaning greater ability of a business to repay its interest and debt. Lower values are unfavorable. That means if a company cannot repay its interest and debt it may become in a difficult situation even it may go bankrupt. In general, times interest earned of 1. 5 or below is unsafe. 3) Efficiency Ratios Receivable Turnover: If a company has a low receivable turnover it means, that company has some important difficulties to collect their receivables a nd the collection policy of that company is not so good and this means that they are unnecessarily relax about sales on credit.When we compare Bim and Migros, Bim is a better position for collecting its receivables in a quicker way. Its ratios are even less than industry ratio. When we compare Bim with Migros, Bim really has a strong ability to get their sales and receivables and their portfolios include low-risk and trustful customers Average Collection Period: It can also be evaluated by comparison with the terms on which the firm sells its goods. For Bim, with the high value of this ratio, it may not have the ability to finance its own debts because of long-term collection.Migros has a shorter average collection period Inventory Turnover: It is the most important ratio in retailing sector and it measures company's efficiency in turning its inventory into sales. Its purpose is to measure the liquidity of the inventory. Migros has ratios 7. 43, 8. 52, 8. 47 orderly and Bim has rati os 16. 98, 19. 56, 20. 23. Industry average is 10. 61. Migrosââ¬â¢s ratios are less than Bimââ¬â¢s and industryââ¬â¢s ratios so this is a signal signal of inefficiency, since inventory usually has a rate of return of zero. It also implies either poor sales or excess inventory.For Migros low turnover rate can indicate poor liquidity, possible overstocking, and obsolescence, but it may also reflect a planned inventory build up in the case of material shortages or in anticipation of rapidly rising prices. Bim has highest inventory turnover ratios over Migros and industry. It means that Bim is really strong in terms of sales and at the same time very effective to control its inventories. Its higher inventory turnover ratio also means better liquidity. Also its efficiency in managing their stocks were increased, their stocks are becoming sales revenues in a short time and their stock costs were decreased year by year.With this positive development, it has less financial resource s for their stocks as necessities and their competition force has increased by this activity. Average Days in Inventory: Generally, the lower (shorter) the DSI the better. Bim has lower Average Days in Inventory than Migros and industry. This means, Bim is doing good in the sector and it has a good position in industry competition. This is an indicator of good operating cycle of Bim. In this case, Migros is in a worse situation. Asset Turnover: Bim has higher asset turnover ratio than Migros and industry and it shows us Bim has much more effective sales than Migros.It is more successful than Migros in order to generate sales with fewer assets it has a higher turnover ratio which tells it is a good company because it is using its assets efficiently. Migros is not using its assets optimally. Total asset turnover ratio is a key driver of return on equity 4) Profitability Ratios A companyââ¬â¢s stock price, in large part, is driven by the companyââ¬â¢s ability to generate earnings . Therefore, it is useful for investors to analyze the profitability of a company before investing in it. One way to do this is by calculating and tracking various profit margins, which reflect how efficiently a company uses its resources.Gross Profit Margin: Due to higher sales volume of Bim, Bim has lower gross profit margin than both Migros and the industry and it means Profit Margin: It tells us about companyââ¬â¢s profits and their different kinds of policies, strategies and decisions. When we look at Bimââ¬â¢s profit margins over the 3 years they are higher than Migrosââ¬â¢s profit margin values and the industry average. It is the most advantageous one. Bim has a better position than Migros in the industry. It has a competitive advantage over Miigros. ROA: It shows us at what amount companies get returns from their investments.Bim has higher ROA than Migros and industry over 3 years. It has become really effective to use their assets in a profitable way. For Migros, i n 2011 the ratio became a minus value this means Migros lost its asset profitability and started to not to get any profit from their assets. ROE: Stockholders invest to get a return on their money, and this ratio tells how well they are doing in an accounting sense. It measures the performance of companiesââ¬â¢ equities. Again for this ratio, Bim has a much better position. It has higher ratio than Migros and industry. But on the other hand, there has been a small ROE reduction for Bim over 3 years.For example in 2011, ROE is 0. 48 and this means that owners of Bim could get 10% income from their equity that they invest for Bim. Operating Profit Margin: With a higher ratio of Bim, it is more successful in generating from operating its business. It is more important than net profit margin because it measures the profit margin which companies gain from goods and services sales in companiesââ¬â¢ main activity subjects. This ratio is higher than industry ratios which is really imp ortant especially for Bimââ¬â¢s investors. APPENDIX Figure 1 Figure 2 Figure 3 Figure 4 Table 1: Structure of BIMââ¬â¢s ShareholdersTable 2; Structure of Migrosââ¬â¢s Shareholders Figure 5 Figure 6 Figure 7 Figure 8 Figure 9 Figure 10 Figure 11 Figure 12 Figure 13 Table 3; # of National and International Stores, Net Sales Area Figure 14 Figure 15 Figure 16 Figure 17 Table 4: Financial Ratios of Migros | 2009| 2010| 2011| 2010| | Migros| Migros| Migros| Industry| LEVERAGE RATIOS| Debt to equity| 2. 76| 3. 13| 3. 58| 1. 03| Total debt ratio| 0. 73| 2. 41| 0. 78| 2. 00| Long Term debt ratio| 0. 47| 0. 44| 0. 49| 0. 22| Long-term debt to equity ratio| 0. 64| 1. 85| 2. 26| 0. 84| Times Interest Earned| 1. 54| 1. 28| 1. 43| 22. 35|LIQUIDITY RATIOS| Current ratio| 1. 34| 1. 01| 1. 13| 0. 82| Quick ratio| 0. 94| 0. 58| 0. 70| 0. 45| Cash Ratios| 0. 88| 0. 55| 0. 66| 0. 32| Net Working Capital| 497,628| 27,363| 218,876| -31,682,086| EFFICIENCY RATIOS| Total asset turnover| 1. 01| 1. 14| 1. 04| 2. 08| Inventory turnover | 7. 34| 8. 52| 8. 47| 10. 61| Receivable turnover| 150. 11| 127. 5| 85. 64| 66. 25| Average collection period| 2. 43| 2. 86| 4. 26| 8. 80| Average days in Inventory| 49. 72| 42. 84| 43. 09| 38. 61| PROFITABILITY RATIOS| Gross profit margin| 0. 25| 0. 24| 0. 25| 0. 22| Net profit margin| 0. 01| 0. 006| -0. 02| 0. 02| Operating Profit Margin| 0. 01| 0. 03| 0. 04| 0. 01| Return on Asset| 0. 01| 0. 00| -0. 02| 0. 03| Return on Equity| 0. 07| 0. 03| -0. 13| 0. 11| Table 5:Financial Ratios of Bim | 2009| 2010| 2011| 2010| | Bim| Bim| Bim| Industry| LEVERAGE RATIOS| Debt to equity| 1. 83| 1. 74| 1. 81| 1. 03| Total debt ratio| 0. 64| 0. 63| 0. 64| 2. 00| Long-term debt ratio| 0. 01| 0. 01| 0. 01| 0. 22| Long-term debt to equity ratio| 0. 04| 0. 03| 0. 03| 0. 84| Times Interest Earned| 156. 8| 83. 67| 140. 6| 22. 35| LIQUIDITY RATIOS| Current ratio| 0. 88| 0. 95| 0. 98| 0. 82| Quick ratio| 0. 51| 0. 56| 0. 61| 0. 5| Cash Ratios| 0. 24| 0. 33| 0. 36| 0. 32| Net Working Capital| -80,986| -38,285| -18,386| -31,682,086| EFFICIENCY RATIOS| Total asset turnover| 4. 84| 4. 79| 4. 72| 2. 08| Inventory turnover | 16. 98| 19. 56| 20. 23| 10. 61| Receivable turnover| 32. 99| 34. 15| 30. 21| 66. 25| Average collection period| 11. 06| 10. 68| 12. 08| 8. 80| Average days in Inventory| 21. 4| 18. 66| 18. 04| 38. 61| PROFITABILITY RATIOS| Gross profit margin| 0. 17| 0. 16| 0. 16| 0. 22| Net profit margin| 0. 04| 0. 037| 0. 037| 0. 002| Operating Margin| 0. 04| 0. 04| 0. 04| 0. 01| Return on Asset| 0. 19| 0. 17| 0. 17| 0. 3| Return on Equity| 0. 54| 0. 49| 0. 48| 0. 11| Table 6: Financial ratios of Tesco Kipa, Carrefoursa, Migros, Bim, Industry, in 2010 2010| | Bim| Migros| Carrefoursa| Tesco Kipa| Industry| LEVERAGE RATIOS| Total Debt ratio| 0. 63| 2. 41| 0. 41| 0. 70| 1. 03| Debt to equity| 1. 74| 3. 13| 0. 71| 2. 43| 2. 00| Long-term debt ratio| 0. 01| 0. 44| 0. 02| 0. 42| 0. 22| Long-term debt equity ratio| 0. 03| 1. 85| 0. 04| 1. 45| 0. 84| Times interest earned| 84. 6| 1. 28| 1. 54| 2. 00| 22. 35| LIQUIDITY RATIOS| Net working capital| -38,285| 27,363| -126,853,307| 178,586| -31,682,086| Current ratio| 0. 8| 1. 01| 0. 81| 0. 59| 0. 82| Quick ratio| 0. 51| 0. 58| 0. 53| 0. 20| 0. 45| Cash Ratios| 0. 24| 0. 55| 0. 36| 0. 16| 0. 32| EFFICIENCY RATIOS| Total asset turnover| 4. 84| 1. 14| 1. 42| 0. 95| 2. 08| Inventory turnover | 16. 98| 8. 52| 10. 3| 6. 65| 10. 61| Receivable turnover| 32. 99| 127. 5| 21. 5| 83. 04| 66. 25| Average collection period| 11. 06| 2. 86| 16. 9| 4. 39| 8. 80| Average Days in Inventory| 21. 4| 42. 84| 35. 4| 54. 8| 38. 61| PROFITABILITY RATIOS| Gross profit margin| 0. 17| 0. 24| 0. 22| 0. 27| 0. 22| Net profit margin| 0. 04| 0. 006| -. 008| -0. 03| 0. 002| Operating Margin| 0. 4| 0. 03| -0. 005| -0. 002| 0. 01| Return on Asset| 0. 19| 0. 00| -0. 011| -0. 03| 0. 03| Return on Equity| 0. 54| 0. 03| -0. 02| -0. 11| 0. 11| | | REFERENCES * http://www. bim. com. tr/yatirimci-iliskileri. html * http:// www. migroskurumsal. com/Foreks. aspx? IcerikID=35 * http://tesco. kipa. com. tr/default. asp * http://www. carrefour. com. tr/Kurumsal/finansalsonuclar;jsessionid=b3a0da5ff5e79ee039b023b24ca0 * http://www. ampd. org/ * http://www. capital. com. tr/perakende-AltKategoriler/48. aspx * http://www. aaii. com/computerized-investing/article/profit-margin-analysis. pdf
Sunday, January 5, 2020
Conspiracy Behind The Assassination of John Fitzgerald...
John Fitzgerald Kennedy, 46, President for 1,026 days, was assassinated on November 22, 1963 in Dallas Texas. He, his wife, Jackie, the Vice President and many others were in Dallas for a reelection campaign for the upcoming election in 1964 when the horrible incident happened. Sadly, there is no decent explanation of the assassination from the government ââ¬â The Warren Report is a 26 Volume Report that claims that Lee Harvey Oswald is the lone assassin ââ¬â I do not agree with this. The CIA was one branch of the government that was definitely a big thorn in Kennedyââ¬â¢s side, and he, a thorn in theirs. The Bay of Pigs Invasion was the spark that ignited the devastating fire! Crossfire by Jim Marrs (1989) explains that over fifteen-hundredâ⬠¦show more contentâ⬠¦Peter Dale Scott tells us in his book Deep Politics and the Death of JFK (1993) that late in 1963 Kennedy had authorized the withdrawal of one-thousand U.S. troops from Vietnam ââ¬â this was the first step towards total retreat from Vietnam, which he anticipated would happen by the end of 1965 (Scott 24). This incident added to the fire that was roaring underneath the CIA ââ¬â something had to be done about Kennedy. The Mafia is also a key suspect in this assassination. Especially Carlos Marcello, who was the mob boss in New Orleans ââ¬â he was deported because of Attorney General Robert Kennedy, President Kennedyââ¬â¢s brother (Sherer April 1991). Robert Kennedy focused much of his time on getting rid of organized crime, and he did a pretty good job. In the Web Site ââ¬Å"Who Murdered JFK and Why?â⬠Marcello was quoted saying that President Kennedy was like a dog and Bobby Kennedy was his tail. The dog will keep biting you if you only cut off its tail, but cut off the head and the dog will die, tail and all. I would say thatââ¬â¢s a pretty good analogy of what happened. If President Kennedy were to die, then Robert Kennedy wouldnââ¬â¢t be able to keep going after the mob. Another Mafia boss, Santos Trafficante from Miami also made a ââ¬Ëpredictionââ¬â¢ about Kennedyââ¬â¢s death when he said ââ¬Å"Kennedyââ¬â¢s not going to make it to the election. Heââ¬â¢ s going to be hit (http://www.geocities.com/pentagon/9719/jfk.html).â⬠Many major crime bossesShow MoreRelatedConspiracy Theories Related to the Assassination of John F. Kennedy1200 Words à |à 5 PagesStates of America, John Fitzgerald Kennedy, was assassinated in Dallas, Texas. Lee Harvey Oswald was charged with the crime, but was shot and killed two days later by Jack Ruby before he could be taken to trial. The Warren Commission officially determined that Oswald was the lone assassin, however, this conclusion has not been accepted by many. In fact, a 2003 poll reported that 75% of Americans do not believe that Lee Harvey Oswald acted alone. Most believe that the assassination was the result ofRead MoreJfk Assassination Research Paper1102 Words à |à 5 Pages3, 2013 JFK Assassination On November 29, 1963, our 35th President of the United States, John Fitzgerald Kennedy was assassinated in Dallas, Texas. A young and vigorous leader who was a victim of the fourth Presidential assassination in the history of a country. This assassination was known as a world tragedy, and a great lost to our nation. Many conspiracies were formed while the investigation of his assassination was undergoing, making his caseRead MoreHow Did The President John F Kennedy?784 Words à |à 4 Pages Kennedy was born in Brookline, Mass., on May 29, 1917, the second son of financier Joseph P. Kennedy who served as U.S. ambassador to Great Britain during the administration of President Franklin D. Roosevelt John F Kennedy was elected President of the United States in 1960. He also graduated from Harvard University and served in the U.S. Navy during World War II. During John F Kennedy term, he was assassinated on November 22, 1963 in Dallas, Texas, and which horrified the nation and led to muchRead MoreThe Assassination Of The War And Formation Of Civil Rights1550 Words à |à 7 Pages Political Assassination Danielle Ferreira U.S Government Date Introduction Political assassination is defined as the act of killing a political figure mainly for political reasons. In most cases, the motive behind political assassinations is beyond the person who is killed. Assassinations have been rampant across the globe for ages and these assassinations do cause lots of political instabilities in a country especially when key personalities such as heads of states are the victimsRead MoreA Look into the Assassination of JFK981 Words à |à 4 PagesJohn Fitzgerald Kennedy was born on May 29th, 1917 in Brooklyn, Massachusetts. He was named after his grandfather, John Francis Fitzgerald, who happened to also have a career in politics as the mayor of Boston, Massachusetts. He had 8 siblings, three brothers and five sisters. His parents were Patrick Joseph Kennedy and Rose Kennedy. His early life in Massachusetts helped shape him into one of the greatest presidents America has ever had. Kennedy was an especially bright young man with many talentsRead MoreJohn F. Kennedy s Assassination2651 Words à |à 11 PagesJohn Fitzgerald Kennedyââ¬â¢s Assassination On the tragic day of November 22nd, 1963, John Fitzgerald Kennedy s assassination, America stopped and stood still. The 35th president of the United States was killed by Lee Harvey Oswald, other conspiracies say that the CIA, Lyndon B. Johnson or the Mafia could have done it too. The Life of John Fitzgerald Kennedy John F. Kennedy was born on May 29, 1917. He was born in Brookline Massachusetts, to Rose and Joseph Kennedy. He was also the grandson of JohnRead MoreThe Assassination Of John Fitzgerald Kennedy Essay1556 Words à |à 7 PagesThe term conspiracy theory is defined as a belief that powerful people or groups are responsible for events or situations due to secret plans that are illegal or harmful. There are many conspiracy theories that captivated the American people, but the most controversy conspiracy theory that leaves many unanswered questions for years is the assassination of John Fitzgerald Kennedy. Friday on November 22, 1963, the 35th President of the United States, JFK, was shot at 12:30 PM while traveling in DallasRead MoreConspiracy Theory of John F. Kennedyà ´s Assassination1945 Words à |à 8 PagesPresident John Fitzgerald Kennedy arrived in Dallas to an excited crowd of people lining the streets hoping to get a glimpse of the President. At 12:30 in the afternoon, the P residentââ¬â¢s car made the last, fatal turn. As the car turned left onto Elm Street, past the Texas School Block Depository and headed down the slope that leads through Dealey Plaza, Governor Connallyââ¬â¢s wife said, ââ¬Å"Mr. President, You canââ¬â¢t say that Dallas doesnââ¬â¢t love youâ⬠(Report of the Presidents Commission on the Assassination ofRead MoreTo Kill A Kennedy954 Words à |à 4 Pagesassassinating President John Fitzgerald Kennedy. Today, the vast majority of Americans believe Oswaldââ¬â¢s words, claiming that there was more behind the tragic assassination than the United States government once portrayed. Many have disregarded everything the government had told the world and have come up with their own theories, forming the greatest conspiracy in the history of America, a conspiracy that the world is still butting heads about. With the assassination of President Kennedy, the United StatesRead MoreJohn F Kennedy s Assassination2993 Words à |à 12 PagesNovember 22nd, 1963, John Fitzgerald Kennedy s assassination, America stopped and stood still. This tragic day in American history will never be forgotten. John Fitzgerald Kennedy had high hopes in the United States for different amounts of things. The 35th and youngest president to this day of the United States was killed by Lee Harvey Oswald, other conspiracies say that the CIA, Lyndon B. Johnson or the Mafia could have done it too. John Fitzgerald Biography John F Kennedy was born in Brookline
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