Ethics Essay Essay

The theories of virtue, utilitarianism, and deontology are similar in some aspects but for the most part are very different. Each of the theories will be explained to show their differences and the type of person that would gravitate towards that theory. Through the explanations one would also be able to consider where there morals or ethics may lie but can also see themselves in each theory. The Virtue Theory, also know as Virtue Ethics, refers to the character of each person. This theory states that every person should try for excellence. The characteristics of each individual are made up from their environment that they are a part of. The theory would further suggest that it is not defined as a single moment in each individual’s life but their entire life as a whole. In thinking about the Virtue Theory, it can be explained by stating that each person needs to be the best they can and avoid the need or ability to hurt others. In Basic ethics: Basic ethics in action it talks about Aristotle and his view on virtue ethics to include characteristics or virtues of an individual. There are some that Aristotle would suggest to be the median or virtues such as courage, self-control, proper emotion, and friendliness to name a few. Reviewing these ideals of what characteristics a person should posses would or could be considered common traits of most individuals in the world today. In the simplistic form the virtue theory is about better one self and the other individuals that are around them. Deontology Theory states that there is a moral duty for one to act no matter the circumstances. This theory is furthered by the thought process of not thinking through any actions or the consequences but because it is action that is taken is right. â€Å"The word â€Å"deontology† comes from two Greek words, deion+ logos. Deion comes from the particle dei which means â€Å"must. † Logos (in this context) means â€Å"the account of† (Boylan, 2009). In breaking this down, it shows that is the account of the musts. In meaning one must act on the account of others or for themselves. Deontology theory can be seen within those persons that provide protection for another without question no matter the inherent danger. The will to act is shown through this theory such as that would be considered of the Spartan Army. The Spartan Army would not ask how many strong are the enemy but where the enemy is. Utilitarianism Theory is one that embodies the thought of taking care of the whole group and not the individual. This theory is a moral theory as we see wanting to make the group better. It can only be our morals to drive us to want what is best for a group. If one person is stronger in writing than another during the course of the project, then the weaker writer may ask the stronger one to take over. It is knowing your personal weakness and asking or foregoing your own glory to better the group that you are part of. One that can set aside their pride is a far better person and shows their true sense of morals. In thinking about a personal experience to be discussed in combination with one of these theories, I keep coming back to the theory of utilitarianism. The reason being that I know I have an alpha personality, meaning that I like to be in control and have the control. I tend to leave this part of me outside the classroom to have a clear head and to allow the learning teams to work more cohesive with the other members. It has been my experience that issues have arisen in each of the groups that I have been a part of. This is either due to lack of participation, inability to communicate or the plain fact of laziness. I have stopped from confronting the team member numerous times in order to keep the team moving in the right direction. Later in the class the issues continue to build and that is when I will confront the person and attempt to deal with the issue. I feel that in setting aside my alpha mentality and waiting to confront the individual is a way for the betterment of the learning team as whole.

Teen Pregnancy Paper

There are hundreds of babies born each day. The scary and quite alarming fact about this is most of those moms are teenagers. Teen pregnancy has become an issue that affects numerous families in the United States. Planned Parenthood has reported an average of one million girls gets pregnant, and that is between the ages of 12-17. A staggering eighty-three percent of these pregnancies are to poor or low income families. Statistics have shown that seventy-eight percent of these pregnancies were unplanned and four out of ten were aborted.Although the numbers have plunged from five years ago, they are still uncomfortably high. The issue of teen pregnancy needs to be addressed head on otherwise this sweeping trend will soon become a dangerous norm. In most cases the only individuals that are for this issue are the teen mothers, and hopefully fathers, while the vast majorities against it are the families, schools, and society the girls are surrounded with. It is believed that the reason mo st young ladies are in support of pregnancy varies from the inability to go through with an abortion to feeling the need to be accepted.Teen fathers should be there for their girlfriends because they have also played a major role in the situation, but sadly a large number decide not to stick around. Families tend to be in opposition to the pregnancy due to financial and sometimes religious aspects. It is also difficult to comprehend the idea society has seemed to turn its back on teen moms when a solution is crucial at this time. The attention that is bringing much concern to this matter is the trend following it. Meaning, many younger girls are thinking it’s â€Å"in† to have children at a younger age and proceeds to multitudes of girls having babies at a very young age.In result of this, more and more girls are getting a lower education due to dropping out of school. Also the expectations girls have for themselves and their lives are decreasing. A recent poll by Seve nteen magazine revealed that five percent of teen moms go on to obtain a college degree. If that’s not shocking, more than half of teen moms go on to have a second child following the first. Along with this issue as a whole, a major concern is the fact that four out of ten pregnancies are aborted. This might not sounds like much, but when it is said in the thousands it is an extremely high number.It appears that most girls are relying on the ability to abort rather than the pill or other forms of contraceptives. If these options weren’t out there then teenage sex would hardly be a concept let alone the increasing outcomes of teen pregnancy. Schools have been trying over the past decade or so to educate students on safe sex and awareness. However, this education hasn’t been enough to drive the rates down to an acceptable level. If the teaching of this matter is spread out more and the awareness of diseases is also brought up, the numbers of teenage pregnancy will decline along with it.The media in some cases has brought attention to it, but has done it in a harmful way. In the summer of 2009, MTV kicked off a new series called â€Å"16 and Pregnant†. This show was to show the lives of girls who had gotten pregnant at 16. Most episodes revealed hardships each one went through and their decisions when it came to their unborn child. During the show there would be statistics on teen pregnancy and commercials about where to find help. All this seemed purely education until they continued the series for three more seasons as well as made a spin of series to showcase the growing lives of the first teen moms.The problem with this media is most of the episodes are now giving girls the idea that it is acceptable to have a child at a young age and even though there are hardships, things will still work out one way or another. Personally, the thought has crossed my mind a time or two, but reality sets in when I see real moms at my high school st ruggling just to get their diploma and juggle all the stresses of a baby. The shift of focus that needs to happen is, unfortunately, more of the bad side of pregnancy and parenting need to be shown in order to â€Å"scare† our youth.At the same time there isn’t profound public attention since this issue has never been fully addressed head on due to that fact it is a touchy subject. As with sweeping dirt under a rug for example, the more dust is swept under the rug the more it accumulates, then the problem becomes unbearable to manage. The same applies regarding teen pregnancy, the sooner education and a plan for the future is composed, the sooner this epidemic will come to a screeching halt. As long as individuals are armed with facts and have a driving force, the easier this issue will become obsolete.Although I possess all this information, there is still a lot more investigating on this topic that could be done. Are there more prevention programs or assistance for t he teen mothers and families that we don’t know about? What can the government do to eradicate teen pregnancy? In order to learn more about this, my plan would include searching the internet and possibly contacting Planned Parenthood to obtain these answers. The widespread trend of pregnancy extends further than just the teens it affects and society must handle this before it becomes intolerable.

Qualitative Research Proposal Essay

For my field research observation site I chose the flea market (la pulga) located in Alamo, Texas. I chose this specific site because in our Mexican American culture families tend to go there to buy cheap merchandise. Although many people go there many of the things they buy there can or is related to crime. I chose this flea market because it is close to home and there are usually a high number of people there during the weekends. There were a number of issues with this place, but there were two who stood out above the rest. The main points were: do people realize that by buying certain objects they are committing a crime, and also is law enforcement doing anything to prevent these types of crimes from happening. There are mainly two types of individuals who go to these places. The first types of people who go to these places are mainly Mexican American. There is not one age group that stands out above the rest since Mexican American groups. Mexican American individuals tend to visit these places as a family. The second types of people are mainly Winter Texans. A rough estimate from my observation would be that Winter Texas are 30% middle aged (45-60), and 70% elderly. Winter Texans mainly go as couples and are usually there just pass time; Mexican Americans on the other hand are there because they want to buy cheap objects. Research Question or Topic My research questions are: 1. Are people well informed that purchasing pirated DVDs is a crime? 2. What is law enforcement doing to prevent these crimes from happening? Literature Review Bibliography One of the academic journals I found out to be possibly the most interesting out of my whole research was the one dealing with the piracy of CDs/DVDs. This journal does not only talk about the piracy of media, but also about the replicator, the user, and the technology used. It explains how the replicator uses computer software to copy the media and how it gets to the market from there. It talks about the types of users who buy the product and it also talks about the technology being enforced to make it harder and in some cases impossible for the replicator to create a copy of the media. Even though this journal is out there it still seems that some people are unaware of the consequences with the replication of this media, and also the problem it can cause in our society. One of the main points the article describes is whether copy-protection work or not. The answer to this question is that there is copy protection on DVDs which makes it harder for anyone to copy media, but since pirates (replicators) don’t play by the rules there are still some ways to bypass the copy-protection. Research done in this journal- 1. Copyright 2. Product Counterfeiting 3. Manufacturing Processes 4. Anti-counterfeiting Measures 5. Replicators 6. Users of the Pirated DVDs The second article I found is called Factor that Influence the Piracy of DVD/VCD Motion Pictures. Basically the title says what the article is about. It explain some of the major factors that cause people to burn these DVDs, and factors that cause people to buy them. The article says that people tend to buy these DVDs because of the cost benefit. This means that people are getting DVDs way cheaper than if you were to go and buy the real one at an actual store. The author’s findings are also used to support the social norms used to make an effort to stop the piracy of this media. Research done in this article- 1. Copyright Infringement 2. Pirated Video Recordings 3. Piracy 4. Empirical Research 5. Motion Picture Industry 6. Bootlegging and Methodology aspects. The last article I read was talking about the structure about an American flea market. There are differences between flea markets up North and flea markets here in the valley. One of the most obvious differences would be the people that go to the flea markets. The article talks about the types of people that go to the flea market. It talks about the economic effect a flea market has on society. It talks about the behaviors of the buyers and sellers in a flea market. The research in this article was done by surveys across different flea markets and on the consumers in those flea markets. Not only were these studies done on U. S. flea markets they were also done on different countries for example Mexico. Research done in this article – 1. Flea Markets 2. Marketing 3. Case Studies 4. Economic Activity 5. Consumer Behavior 6. Business Cycle 7. Sociocultural Factors My Three Sources Block, D. (1997), CD? DVD/piracy:the replicator, the user, and the technology. Emedia Professional, 10, 92. Chih-Chein, W. (2005). Factors that Influence the Piracy of DVD/VCD Motion Pictures. Journal Of American Academy Of Business, Cambridge, 6(1), 231-237. Sherry Jr. , J. F. (1990). A Sociocultural Analysis of a Midwestern American Flea Market. Journal Of Consumer Research, 17(1), 13-30 Research Design Step 1 Prepare myself by doing some background research on the site I am preparing to observe. Be prepared for anything that may come my way, and be prepared for opportunities that may arise while doing my research. I need to go organized and possibly focus on one point of interest. Need to prepare my looking and listing skills since they are essential for any field researcher. Go prepare to do constant writing since it is one of the most useful way of recording data. Step 2. Gain access to enter the observation site, in my case I don’t think it is a problem since it is open to the public. Other sites have different important sections but in a flea market everything is together so I just have to worry about getting inside. I need to get involved in normal activities to make myself unnoticeable and look like an everyday customer. Perhaps buy merchandise or other things regular customers do. Step 3 By looking as a customer I can build trust with the people working in this area, and this way they can go on doing their job like they normally do, and this can help me observe them in their normal working routine. Step 4 While walking around the site I can record anything I find to be deviant or criminal, in my case I found the distribution of illegal DVD copies. I’ll observe from afar, learn and record anything else. I have to make my findings very detailed this way I don’t miss anything of importance that can later help me answer my question, and this way I won’t have to return for small doubts I may have. Record any conversations I may have had with any of the people there. Step 5. Finally after I am done gathering data I just exit the observation site I just exit the site and start compiling my data. Step 6 After putting my data and getting a better understanding of my observation site. With a better understanding of what happens in the site I will be able to put together a detailed survey or interview questions. Of course the survey or interview will be anonymous and have to make sure the customer knows this. You need to make the customer know that the research is anonymous because if not the person might put false data and the data will be inaccurate. Step 7 After conducting all my research I can put together a conclusion and determine what it means. I’ll ask myself questions for example did I find the answer my questions, was my hypothesis correct, and is there more research to be done. The conclusion has to be precise this way if a person is interested in the same topic they will have all the information they need. Step 8 This is how will conduct my research and hopefully get a good grade on this assignment, if not I will need some research on how I can do better.

Helpful advice on how to write with style Essay

Helpful advice on how to write with style - Essay Example One can feel the heart-warming and invigorating fragrance in a rose garden, not in the garbage dump. Good literature emerges from noble language and feelings. Various factors influence the evolvement and development of a language. It influences the thought-processes of an individual. For example, the impact on the mind of a reader by reading Karl Marx will be different from reading the dramas by Shakespeare or by reading the love-poems of Keats! In addition, political and economic causes also contribute to the decline of a language. George Orwell (2004) in his essay Politics and the English Language, writes, â€Å"†¦.it is not due simply to the bad influence of this or that individual writer. But an effect can become a cause, reinforcing the original cause and producing the same effect in an intensified form, and so on indefinitely.† If the social conditions are bad, its influence on expressions of the people and language will also be bad. Thought processes of the individ uals needs to be refined for good thoughts to sprout. The wise saying goes—when the thoughts are changed, the mind is changed. When the Helpful†¦.2 mind changes for the better, it will generate better thoughts which in turn are the cause for producing good literature. Good style will flow automatically. Writing in style is the gift of God, intelligently cultivated. Hard work is the foundation for success in any area, and so is the case with good writing style. Some of the important points that contribute to writing in style are: 1. Avoid ugliness and repetition of the same feelings by using synonyms. 2. Write precisely, read the essay several times, and edit it constructively. Delete all the verbiage. 3. Do not say something the meaning of which is unclear to you. Your opinions need to be without ambiguity, for their clear expression. 4. The reader forms his opinion on the basis of your writing, not on the basis of what is in your mind. 5. Incompetence or incompleteness of the information tendered cannot be condoned. Research your facts well, before incorporating them in your essay. 6. Let the metaphors that you use create before your mind vibrant thought processes and a likeable visual image. Shun worn-out metaphors. 7. Remain strongly interested what you are saying and let it be the reflection of your true thought processes. Helpful†¦.3 8. Do not pervert the phrases, if the meaning is not clear to you. 9. Give preference to active voice. 10. Avoid slovenliness and vagueness. 11. Borrowing words from Greek or any language for the sake of style is a misconception. It doesn’t contribute to the enhancement of the writing style. 12. Let the sentences be stronger, shorter and clearer. They will be more effective. 13. Do not develop your writing style with the perspective of readers. Do not get confused with the pre-assessment as to what would be the opinion of the readers. When your teacher tells you to improve your style, he is not asking you to give up your original style; he only suggests improvements to make it more elegant and persuasive. 14. Proper communication of the ideas is important. Acquiring knowledge is fine, but not imitating other’s style. 15. Give your frank opinions, but when in doubt, be conservative. 16. Hold the attention of the readers by being just and equitable. 17. Filler words and common phrases may irritate the readers. This is as good as taking a circuitous route to reach the destination

The Man with the Golden Arm Essay Example | Topics and Well Written Essays - 2000 words

The Man with the Golden Arm - Essay Example .. Mr. Algren, boy, you are good" ("Review Quote": np). After reading this novel, I am compelled to agree. This novel is at times strange, at times very dark, and always engaging and very interesting. People the world over all know Chicago by reputation, and yet the version of this famous city offered up by Nelson Algren is grittier and edgier than the versions offered up by tourist brochures or television sitcoms. The characters are also intriguing and engaging. There is an almost simultaneous sense of disgust and admiration as we experience how these characters aspire and strive in uncertain and distasteful circumstances. The atmosphere which he creates deepens rather than minimizes the reading pleasure. The novel's world is both plausible and foreign; more particularly, it is an atmosphere which we can imagine existing, but which also seems to be an atmosphere that we will never actually step into personally. There is a certain feeling of safety in this distance, which Nelson Algren provides through the medium of the novel. Finally, i t is also important to note that Nelson Algren chooses and uses his words, both narrative and dialogue, meaningfully and succinctly. He does not bore the reader with tangential information. He does not deaden the plot with unnecessary details. Every word conveys meaning. The result is a novel which is extraordinarily difficult to put down, and even more difficult to forget once the final page is read. This is a book which under normal circumstances I would probably never have read. This book report will explain why I am so happy that I have now read the novel. As an initial matter, this is the story of a Chicago drug addict. This character, Frankie the Machine Makjinek, works as a card dealer at illegal poker games. The golden arm reference is to his steady, card-dealing arm. Frankie has just returned to his old neighborhood in Chicago, from jail and a temporarily successful attempt at detoxification, and he works as a card dealer while he tries to turn his life around. He wants to beat his morphine addiction, and he also wants to stay out of trouble and out of jail. The story revolves around his attempts to straighten out his life while simultaneously existing alongside other drug addicts, attempting to pacify a dominant wife, and striving to beat his own former addiction to morphine. In many ways, this is a similar type of story. A person has made a mistake, the mistake has had negative consequences, and the person wants to pursue a better and a more productive life. There are thousands and thousands of stories premised in the same fundamental fashion. What is different about The Man with the Golden Arm, however, is the way in which the story is presented. There is a tremendous depth in the characters. There is a very particularized depth in the setting. More significantly, Nelson Algren presents this quest by the main protagonist as an almost impossible quest. There is an almost mocking tone extended to notions that human beings are civilized or otherwise capable of suppressing deep-seated urges and instinctive desires. Nelson Algren seems alm ost a cynic and a realist at the same time. He feels sympathy rather than pity for his main protagonist. In this way, the reader is compelled, at times, to question whether Frankie the Machi

Economic Geography Essay Example | Topics and Well Written Essays - 250 words - 2

Economic Geography - Essay Example The first map shows the population distribution of the blacks in America by 1990. According to the department of commerce, there is a high concentration of blacks in states as Georgia, South Carolina, Florida, North Carolina, Virginia and Tennessee states (U.S Census Bureau 1). The population density of black in the states o Utah, Arizona and Colorado, however, is less than one per cent of the total population. The second map shows the population density, by state, in the America by 2010. The states of Florida, Georgia, Alabama and Mississippi have high density of population per square miles. Other states as Utah, Montana and Colorado have low population per square mile (U.S Census Bureau 1). The relationship between the two maps is the depiction that states occupied by blacks have high density of population per square miles. The black population is also concentrated in limited states compared to other races because of political seclusion of the blacks back in historical times. U.S. Census Bureau. 2010 Census Redistricting Data Summary File: United States and Puerto Rico Population Density by County or County Equivalent. 2010. Web. April 6, 2013.

Strategic Management of Wal-Mart Stores Essay Example | Topics and Well Written Essays - 1000 words

Strategic Management of Wal-Mart Stores - Essay Example It is to mention that the company that has been chosen for the study is Wal-Mart. The purpose of the study is to recognize the Wal-Mart’s strategy and further create an argument to verify if the strategy that has been adopted by the company is appropriate or not. About Wal-Mart Wal-Mart Stores, Inc is a company that is in America and belongs to the category of public corporation. It operates numerous chains of the discount department based stores and also warehouse stores. The company outperformed in the year 2010 and was successful at becoming the biggest corporation in the world in terms of revenue as per the Forbes Global 2000 for that particular year. It was incorporated in the year 1969. It is worthy of stating that because of the strategic actions taken by the company, it has been successful at expanding its operations in 15 countries with 8500 stores and 55 numerous names (Scribd, 2011). Wal-Mart’s Low Cost Strategy The Wal-Mart’s stores are present in alm ost every ‘nook and corner’ of the world. The obvious question that arises in the mind relates to the reason behind the successful operation of the company. The reason behind is the low prices that the company maintains for the purpose of attracting the customers. ... The main objective of the store is to maintain low prices so that the customers are happy with Wal-Mart. However, these corporations don’t take into concern the happiness of the workers in 48 different countries (Bauer, 2005). It can be argued that the company’s strategic move towards the maintenance of low price seems to be immoral and immaterial. Although by maintaining low prices, it can attract its customers and keep them happy and satisfied but it seems to be negligible towards the society. Wal-Mart Expansion Strategy It is apparent that the company has been successful at expanding its operation in various countries of the world for the purpose of rejuvenating the sales growth. It tried to expand its operation in Germany, however it was not successful at maintaining long term survival in that particular country where Wal-Mart tried to make the store profitable for many years. The reason behind the malfunction had been the company’s inconsideration towards th e German competitors, shoppers as well as the rules, cultural differences and labor unions whose strength impeded the success of the company in Germany. The same strategy has been quite successful in the United States. At this instance, it is important to assess the cause behind the disappointment of the company’s strategy of expansion in Germany. It is to be stated that different countries have dissimilar cultures and different perceptions regarding the purchase of a product. The companies need to adopt the strategies accordingly. A particular strategy that helped the organization to outperform its operation in one country may take the business to failure in another country (DePamphilis, 2009). Competition at

Reproduction Essay Example | Topics and Well Written Essays - 750 words

Reproduction - Essay Example It has gonads also known as testes, a chain of ducts that helps in transportation of spermatozoa, and accessory glands (Palladino, n.d.). The process of spermatogenesis begins in the testes. It constitutes spermatogenesis and spermiogenesis (Jones & Lopez, 2006). In spermatogenesis, a diploid spermatogonium is changed into four haploid spermatids. The spermatogonia are found as immature germ cells found next to the walls of each seminiferous tubules. Mitosis is involved in the multiplication of these cells. Every one spermatogonium is 2n and constitutes double number chromosomes (46) (Jones & Lopez, 2006). Mitosis is involved in the multiplication of chromosomes, in which each of the pair that arises is moved into the progeny. Some spermatogonia begin meiosis. In the division, the spermatogonium changes into primary spermatocyte. This then enters the first meiotic division resulting in daughter cells with 23 chromosomes (Jones & Lopez, 2006). At this stage of reduction, the cells are now haploid (n) instead of diploid (2n). The n cells at this stage are known as secondary spermatocytes. In meiosis II cells produce four haploid cells known as the spermatids (Jones & Lopez, 2006). At this stage, the process is complete. The spermatids are later changed into sperm cells through a process known as spermiogenesis (Jones & Lopez, 2006). This is capable of fertilizing an egg. The process of spermatogenesis also relies on hormonal regulation. The tubules are surrounded by interstitial cells that help in the production of testosterone and secrete it into the bloodstream (Palladino, n.d.). The production of testosterone is at its highest in teenage years. The increase leads to the start of spermatogenesis as well as the development of accessory glands. Another hormone that plays a significant role in the process is androgens. The hormone helps in male sexual being as well as stimulation of secondary sexual characteristics (Palladino, n.d.). A complex

Northern Rock PLC Essay Example | Topics and Well Written Essays - 1000 words

Northern Rock PLC - Essay Example In this way the government, representing the taxpayers, may recoup its investment and the bank may be returned to the private sector. A bank that shows consistent profit is attractive to potential buyers. To do this its financial strategy must continue its plans of further restructuring its business model. It must reduce its capital costs base by better cost management. And while pursuing and adjusting to medium term growth, Northern Rock must focus on innovation and new markets, and continue to build on transparent and open communication with its stake-holders. Discussion Today, under Government ownership, Northern Rock Plc has kept together some 70 branches over which it must wield a steady hand toward corporate profit in the interest of its stakeholders, the taxpayers, and its depositors. Since its black day of 17 September 2007, when depositors were shown on worldwide TV queuing in long lines outside the bank to make their withdrawals, the bank has went through several stages of restructuring. The initial one was the takeover by the government. Throughout these restructuring processes, the bank has sought to rebuild a substantial market for its mortgage loans, a market that is different from the business plan that the bank had pursued before 2008. Previous to 2008 and after Northern Rock became public in 1997, the bank soon embarked on a risky business plan that was coupled to a flawed bank regulatory system. Since 1997 Northern Rock was regulated by the newly created Financial Services Authority (FSA). The FSA did not share any information it had with the Treasury or with the Bank of England who was responsible for monetary policy. Both the FSA and the Bank of England were slow to step in and stop Northern Rock’s demise. The FSA had, in June 2007, instead allowed Northern Rock to decrease its amount of required on-hand capital. This action exemplified the regulatory system that allowed the bank to overextend itself in the speculative mortgage deriva tive market. But even today the bank as a retail and savings bank must rebuild its image and processes in the same waters of financial risk. During the period of the default, Northern Rock’s business plan was based on securitizing mortgages in the short-term wholesale market to support its long-term longs. It was packaging multiple mortgage loans and selling them as bonds to investors. This business model had depended on stability in the mortgage securities market and the confidence of those who traded in the debt packages. When the housing prices begin to show full scale plummeting from speculated highs, lenders stopped extending rollover loans to Northern Rock and they eventually took their money from the bank. In August 2007 credit froze up in the bank liquidity market and Northern Rock could no longer sell bonds over the face of a broad liquidity freeze. It could not make any new loans. On August 13, 2007, the bank requested emergency funding from the Bank of England. It was only after the Chancellor of the Exchequer guaranteed all deposits at the bank in later September did the resulting bank run stop. The present Northern Rock Plc was created from The Northern Rock Transfer Order which on 1 January 2010 restructured the bank into two banks, Northern Rock Plc, the savings bank with new mortgages, and the Northern Rock Asset Management Plc (NRAM) (NRP, 2011). The latter took over the "toxic" mortgage assets and is concentrating in mortgage loans. North Rock Plc began its

Industry Environment Essay Example | Topics and Well Written Essays - 500 words

Industry Environment - Essay Example It has also put down strategies that would ensure that it maintains its state over a long and short term. The nature of competition exhibited in the industry is a monopolistic competition. There are various competitors produce similar products but of a slightly different structural composition. The retailers exhibit the highest level of competition, which is typically fragmented. Competition on the football footwear records the highest rate followed by the athletes among the products of the company. This is more evident in the sectors dealing in customer service provision, brand name merchandise collection, pricing and friendly shopping procedures. The sporting products industry experiences changes in diverse dimensions including prospects on new products. New products cost relatively higher than those already in the market. On the other hand, the products have higher demand compared to those already in the market. The suppliers have control over their brands; they must market their products so as to create demand for them. This goes along with rivalries among the vendors dealing in different brands, which, is forwarded to the retailers. The changes in the macro environment have led to both negative and positive results in the operation of the business. To begin, prospects in new products have led to fair pricing as the products exhibit higher stock flow as compared to the initial conditions. According to Borowski (2011), competition from other brands and higher rate of introduction of new sporting products in the market has led to the production of more superior quality stock by the companies. The level of advertisement has also increased so as to maintain the levels of competence. This brings about more expenses as compared to the initial time before such changes were introduced. Haig (2011) found the following: The Company is planning on specializing in quality brand production so as to win the customers loyalty and outshine their

Finance Essay Example | Topics and Well Written Essays - 1750 words

Finance - Essay Example Thus the profit of the company is obtained after subtracting the expenses from the total revenue. For eg: The Profit and loss statement of an organization shows the revenue and expenses of the company. Through the process of financial statement analysis the real income and expenditure of an organization can be computed. Profit and Loss statement Profit and loss statement also known as the income statement of an organization is a summarization of the expenses, revenues and cost incurred during a specific time period. It helps the company and its stakeholders in detecting the item(s) for which the cost incurred has increased lowering the profit of the company.1 For eg: Profit and loss statement includes items like cost of goods sold, interest expense, tax expense and operating expenses; subtracting which from the total revenue, the net profit is obtained. Liabilities The obligation of on organization that arises out of the past transactions is known as the liability of the company. The liability of a company may be in cash or in kind which is repayable both in short and long time span. For eg: Accounts Payable, Interest Payable, Promissory notes payable, etc. are part of the liabilities of a company. Invoices An invoice is a form of bill which is paid to the seller by the buyer of the product or services. The invoice contains the details of the quantities, product and the price agreed upon by both the seller and the buyer of the product.2 For eg: An invoice is a sales invoice from the seller’s side while it becomes a purchase invoice from the buyer’s side. Ledgers A ledger is a book of accounts where the daily monetary transactions are recorded by debiting and crediting the accounts as per requirement. The entries made in the journal finally get transferred to a separate ledger account for the creation of the final accounts of a company. For eg: Sales Ledger, Purchase Ledger, General ledger, etc. Cash flow Cash flow is the movement of cash into or o ut of the business. Cash flow is used to compute the net present value, internal rate of return and the rate of return of a company. Thus the risk associated with the project can be determined with the help of cash flow of a company.3 For eg: Operational cash flow, investment cash flow and financing cash flow. Financial audit The financial audit is the verification of the financial statements of the company in tandem with the generally accepted accounting principles of the company. The purpose of financial audit of a firm is to increase the confidence of the stakeholders of the company who are intended to use the financial statements.4 For eg: The financial systems that are audited are the final accounts of the company which include the income statement, the cash flow and the balance sheet of the company. Answer 2 Answer 3 A manager ensures that legislative requirements for financial management are compiled with to the extent of achieving the budget targets agreed by the Australian Taxation Office whereby the costs are limited over which they have control. The manager of the organization verifies the information obtained is relevant, cost-effective and appropriate in the light of applicability of the information in unknown circumstances. The elements included by the manger of the organiz

Importance of Education Essay Example for Free

Importance of Education Essay The history of humankind is a history of progress; generations of our ancestors collected their experience, passed it to the next generation and as such were able to pass their knowledge to us. Education is the engine that moves mankind ahead, we enjoy the fruits of progress not only because the previous generations studied well but also because they passed their knowledge to us. In today’s world, driven by technology and forces to turn it into a global village, getting education is the best way to improve oneself. Studying is the best way to receive knowledge. Human knowledge collected over the generation is passed to us by teachers. Our school curriculum is structured to give us a wide breadth of information, some of this information appears to be useless but contrary to this view, this knowledge broadens our mind. An educated person critically thinks make decision and conclusions. Higher education, for instance, getting a degree helps one develop a character. In studying, we in addition to getting education are able to improve our characters. University is a social set up where we socialize, improve our communication skills and even learn how to speak in public. School set up teaches us to be responsible, persistent and assiduous. In the modern world, no career is possible without education. Not matter the devotion, desire and passion, without proper education there is no job for you. We need documented proof of our abilities to fit in the current job market. Education gives the back ground of the previous innovations without which one can hardly bring in a new idea in the world. To conclude, it is in getting education that we are able to improve our characters and state of our mind. We too become confident and more prepared to face the future. Khan sees education as knowledge of putting one’s potential to maximum use, which I totally agree with (2007).

Case Study of Monopolistic Competition in India

Case Study of Monopolistic Competition in India Hindustan Unilever Limited being the leading company in the FMCG sector is the prime focus of our study. It is the largest share holder of the FMCG sector in the Indian market. It was founded in November 1956 and its based in Mumbai, Maharashtra. The mission statement of HUL is, add vitality to life. In this report we have analyzed the life cycle of HUL, along with its strong presence in the market due to its highest shares in the FMCG market. Research in this report consist of analyzing the competitors with respect to HUL through reference book, internet research which gave a proper direction to our study. Our major finding includes that HUL has a strong market base which is spread strategically in all the market segments under soaps and detergents due to so many brands by HUL. Also we see there are a lot of emerging competition to the HULs soaps and detergent market share and how it has and will continue to tackle these competitions. Additionally we see the HUL firms life cycle, along with an understanding of a monopolistic market. Furthermore we see into one of the competitors downfall in the soaps and detergent market. In conclusion, this study shows HUL has a strong market share in the soaps and detergent sector.HUL in the light of all the competition, is constantly innovating new products so as to dominate the market. Unlike other companies, HUL has its base under all the segments, thus targeting a wide range of consumers. Abstract Hindustan Unilever Limited is the largest FMCG Company with market leadership in the Soaps Detergents Industry. The report focuses on the evolution of HUL as the market leader in light of the Life Cycle of a Firm and analyses how it managed to sustain its position with emerging new entrants in a monopolistic competitive market. Problem Statement Among several leading national and global brands, HUL is the largest company in the FMCG Sector and it is the market leader with 46% share in the soaps and detergents industry. The underlying factor for its success is the strong customer base. It : Provides wide range of products Continuously innovates to respond to the competitive pressures by providing value additions to its existing products Has established its target audience to every segment: premium, mid-priced and popular Introduction Hindustan Unilever Limited (HUL) is Indias largest Fast Moving Consumer Goods (FMCG) Company based in Mumbai, Maharashtra. It is a subsidiary of Unilever, a British-Dutch company which controls 52% shareholdings in HUL. Unilever is worlds largest supplier of fast moving consumer goods across 100 countries in the world. In Home Personal Care Products and Foods Beverages, HULs 35 power brands are spread across 20 different consumer categories such as detergents, shampoos,soaps, skin care, toothpastes, coffee, tea, ice creams etc. The company aims to create a better future every day as it provides for nutrition, hygiene, and personal care that help people feel good and look good. HUL touches the lives of two out of three Indians. These brands are manufactured over 40 factories and operations consist of 2000 suppliers and associates. It covers 6.3 million retail outlets reaching the entire urban population and 250 million rural consumers. HUL has over 16000 employees and an annual turnover of around Rs.21736 crores(as per financial year 2011-2012). Life Cycle of HUL Life Cycle can best be explained as the course of events that bring a new firm into existence and follows its growth into maturity to capture the mass consumers. The most common steps in the life cycle of a firm include the following phases: Introduction Development Maturity Growth Sales volume 1988 1930 1991 2000 Time Development Phase Firms in the development phase are likely to be characterized by small levels of sales and are more speculative in nature. The firms enter the market as they see a market opportunity. Unilever the parent company of HUL viewed the Indian market with tremendous potential. Thus, it launched Sunlight Soap in 1988. This gave rise to an era of marketing branded fast moving consumer goods (FMCG). It further introduced Lifebouy and other brands like Pears, Lux and Vim came into market in 1985. Vanaspati and Dalda were also launched in 1918 and 1937 respectively. Introduction Phase In 1930s the introduction of the firm as Hindustan Lever Limited came into existence with the merger of HindustanVanaspati Manufacturing Company, Lever Brothers India Limitedand United Traders Limited.It became the first foreign subsidiary company to do so. Today, the company has more than three lakh resident shareholder. Growth Phase In 1991, with the liberalization of the Indian economy,a drastic change in growth curve of HUL was witnessed as the company explored every single opportunity in the product segment,without any restriction in the production capacity. HUL and its largest competitor Tata Oil Mills Company (TOMOCO) merged together,and the acquisition took place in 1994.In 1996,a 50:50 joint venture was formed, with Lakme Limited to market cosmetics andwith US based company Kimberly-Clark Lever Ltd to marketHuggies Diapers and Kotex Sanitary Pads.HUL also set up a subsidiary as Unilever Nepal Limited (UNL). The UNL factory manufactured HULs products like Soaps, Detergents and Personal Products both for the domestic market and exports to India. The company witnessed crucial mergers, acquisitions and alliances after 1990s , on the Foods and Beverages front. Maturity Phase HUL entered the maturity stage in early 2000s. Since it reached upper bounds of its demands, it undertook various projects and initiatives to maintain its brand image. The increasing demand is not entirely affected by the advertising. For instance,HUL undertook Project Shakti in 2001,a rural initiative which targeted small villages. Presently, 45,000 Shakti entrepreneurs are working,which covers over 100,000 villages across 15 states and reaching to over 3 million homes. In 2002, HUL made its entry into Ayurvedic Health Beauty Centre category with the Ayush range and Ayush Therapy Centers. In 2003,it launched Hindustan Unilever Network, Direct to home business , launching Pureit water purifier in 2004. In 2007, the Company name was formally changed to Hindustan Unilever Limited. Brooke Bond and Surf Excel showed Rs.1000 crore as a sales mark followed by Wheel which crossed the Rs.2000 crore sales milestone in 2008. HUL has completedmore than 75 years of corporate existence in India. HUL-Monopolistic Competition Monopolistic competition is a market situationin which there are a large number of sellers and a large number of buyers for the products and services. The firms in a monopolistic competitive market are generally small in size. All firms provide similar products i.e. the products are close substitutes of each other. However they can be differentiated on the basis of color, packaging, features, and brand price and so on. The Indian FMCG Market is a perfect example of monopolistic competition. It is a highly crowded market with a large number of national and global players competing on margins. The stock turnover is high as FMCG products are frequently consumed and have a short shelf life. The main features of FMCG in light of monopolistic competition can be viewed as follows: Large Number of Sellers In a monopolistic competitive market, there is abundance of sellers producing differentiated products. The presence of large number of sellers is highlighted by the fact that the Indian Soap and Detergent market has 700 companies competing to sell their products. The major players across the globe are: ITC Limited, Procter Gamble and Hindustan Unilever Limited. Freedom of Entry and Exit There are low barriers to entry and exit of firms in monopolistic competition. If the profits are attractive, the firms can enter the industry. Increase in disposable income in hands of both rural and urban consumers, gave an opportunity to the rural consumers to shift from unbranded unorganized products to branded FMCG products. The increasing demands, leads new firms to enter the market. When the competition increases the existing firms are forced to reduce their price in order to meet the competition. Thus free entry and exit maintains normal profits in the market in the longer span of time. For instance, Nirma was launched in the detergent industry at a low price targeted to cater to the needs of middle-priced and popular segment. The success of Nirma forced HUL to launch an even lower priced product. Thus, Wheel and Rinwere introduced by HUL to maintain its market share. Selling Costs Due to product differentiation in monopolistic competition, firms are required to incur some additional costs such as advertising, sale promotions, salaries of marketing staff etc. to promote the product. The main aim is to inform, persuade and remind the buyers of the availability of the product. The strategy of aggressive advertising is adopted. HUL and Procter Gamble are two renowned companies for portrayal of advertisement war. Aggressive television commercials were shown targeting each others brand. Even in print the prices of detergents such as Tide and Rin were compared to influence the customers buying habits. It is highly believed that advertisements are factual and help buyers make an informed choice. Product Differentiation It is regarded as the most important feature of monopolistic competition. The products in monopoly are homogenous in nature whereas in monopolistic market it is heterogeneous in nature. The products are close substitutes; however every seller tries to differentiate his product from the competitors product. They maybe different in terms of colour, packaging, features, pricing, size and shape. For instance, Ariel, the detergent laundry line for PG, is available in a variety of forms. Ariel Colour is a detergent used mainly to protect colour of clothes, Ariel Stain remover is a stain pre-treatment product, ArielQuickwash is used to wash clothes in the quick wash cycle and so on. Therefore, Ariel has been able to expand its laundry line depending on the use of the detergent. By adding various features to the existing product, Ariel has been able to distinguish itself from the competitor. Absence of Interdependence The firms operate on the basis of their own marketing policies and production. No firm is influenced by the other firm. Since a large number of firms enter the market, the size of each firm varies. Thus, no firm is dependent on the other. Falling Demand Curve A firm in monopolistic competition, has a downward sloping demand curve. This is mainly because the sellers are the price makers i.e. they are influential enough to affect the price of the product. The demand curve is highly elastic as substitutes are available.This means one can sell more at low prices and vice-versa. Competitors analysis HUL has a large share of market in soaps and detergent segment, but it still faces a growing number of competitions from various Competitors in the market. In the detergent sector it faces competition from Procter and Gamble (PG), Henkel, RohitSurfactancts Pvt. Ltd. (RSPL) and Nirma (now out of the market). In the soap sector it faces competition from Godrej, PG, Wipro, ITC and Nirma (now out of the market). HUL faces just one competition in the health care sector of the soap industry and that is from Reckitt. Detergents Market Past HUL captured the Indian detergent market in the year 1957 and maintained its monopoly in terms of quality till 1980s with its product SURF. However by 1980s a company named Nirma Chemicals brought out a detergent Nirma which was priced much lower than HULs Surf with a very catchy advertisement on TV, claiming great quality at affordable rates. It soon became a very popular jingle, catching the imagination of the masses. By 1985 Nirma had replaced Surf from the number one position in the detergent market. HUL then changed their strategy and introduced cheaper detergents named Wheel and Rin, and managed to regain some of the lost ground in the detergent market. This shift ultimately resulted in HULs Wheel replacing Nirma from the top position of the detergent market in early 2000. But soon there emerged a threat from a product named Ghari which was launched by RSPL in 1987. Present In the current market scenario, Ghari holds the number one position at 17.3%, followed closely by Wheel which holds 16.9% of the market share. Nirma on the other hand had witnessed a huge downfall and it now just commands a market share of less than 6%. Tide launched by PG is now at the third position in the market after Ghari and Wheel, with a share of 13.5%. The Indian detergent market is broadly classified into four different segments namely:- Premium, examples- Ariel and Surf Mid-price, examples- Henko, Rin and Tide Popular, examples-Wheel, Ghari, Nirma and Mr. White Regional and small unorganized players Premium, Mid-price and Popular account for a market share of 15%, 40% and 45% respectively against each other. All the above three segments combined form 60% of the market share, while the rest 40% share is held by the regional and small unorganized players in the market. HUL is still a major player in the market with its Wheel, Rin and Surf in all three main segments, but RSPL is now the overall leader due to Ghari. Soaps Market The soap market in India is divided into various categories that is mens soaps, ladies soap and common soap. There is also a small share in the soap market which is held by specialty soaps like baby soaps, sandal soaps, glycerin soap etc. The market growth of the soap sector is estimated to be 7% p.a. and it is observed that rural market constitutes 60% of the soap sales. There are about 700 soap manufacturing companies in India. The Indian soap markets value is estimated to be around 60000 crores. In this huge market there are just a handful of key players who control the major chunk of the market share. These are HUL, Godrej, Wipro, PG, Nirma and ITC. HUL enjoys over 54.3% of the market share with its brands such as Lux, Lifebuoy, Rexona, Breeze, Pears, Haman and Dove. Godrej Consumer Product Ltd.(GCPL) comes in second position with 11% of the market share with its brands such as Cinthol, Fairglow, Nikhar and Allcare. GCPL is among the biggest manufacturer of toilet soaps and it launched Fairglow, which was the first fairness soap in India. Wipro with its brands such as Santoor and Chandrika has a strong base in the soap market sector. Procter Gamble (PG) and Nirma are the other competitios with a strong presence in the market share. ITC is a fairly new entry into the soap market with the launch of its brand named Vivel. According to AC Nielson a global marketing research firm, Vivel soaps have witnessed a growth rate of 70-80% within a short period of time. ITC is now the fastest growing company in soap the soap market. Case Study: Downfall of Nirma Detergent Powder The purpose of this case study is to highlight the factors that led to downfall of NirmaDetergent Powder. How ignorance of factors like consumer behavior, innovation, product differentiation immensely affect the existence of any firm in the cut-throat competitive market. Nirma detergent powder was launched in 1969 by Nirma Chemicals at a price far lower than the market leader-Surf. The aim of Nirma was to create a brand at affordable price. The strong popularity of Nirma among the cost conscious Indian consumer, gave rise to competition. No company is interested in losing its market share. Thus, recognizing the threat, HUL, the undisputed leader in FMCG, launched Wheel detergent to try and establish itself in the low end of the market. Nevertheless, it forced Nirma to exit the market. The main reason for this are highlighted as under: Lack of Innovation: With the increase in disposal income in the hands of the consumers, a shift was seen in the demand of products. The consumer desired aspirational products focused on viability and divisibility instead of economy brand products focused on affordability. Nirma suffered from the inability to innovate products to meet the new demands of the consumer. It failed to think beyond pricing. On the other hand, HUL was able to establish products in all segments; Popular:Wheel , Mid-Priced: Rin and Premium:Surf. Lack of Advertising: Nirma did not have a strong brand promotional strategy. It failed to capitalize on the trademark jingle i.e. failed to convert its recognition earned into sales. With the increase in competition, Nirma did not introduce new and improved advertisements. Even the visibility on TV channels reduced. Lack of Product Differentiation: On the one hand where the sales of HUL increased, there was evident decline in those of Nirma. Hul along the way changed its technology and added features to its existing products. Surf went from Surf to Super Surf to Surf Excel. Even though Nirma advanced to Nirma Blue, the differentiation was not visible. Lack of Price Increase:Nirma locked itself to the conventional low price plank. Overtime with the increase in prices of LAB ( linear alkyl benzene) and Palm Oil, both ingredients used for the making of detergents, Nirma did not increase the price of the detergent. Naturally the company faced complications in terms of revenue generation as the costs were higher than the profit derived from it. What Nirma could have done? Compete on Quality: A company like Nirma can easily increase sales by highlighting improved quality in its product. It could emphasize on the performance risks in the low priced segment and mention the cost advantages. Strategic Positioning: A company must position its product well. The target audience for Nirma was the low income group. It should aim at increasing sales in the rural markets by increasing availability in villages. Moreover it should tap the untouched cheaper and unorganized markets. Attractive Advertising: Advertising plays an important role in creating consumer awareness. The way HUL changed the packaging of Lifebouy from a masculine product to a family product (as shown below),Nirma should change the conventional image of a Nirma dancing girl to something more appealing. C:UsersDIVNEETDesktopold_lifebuoy_ad_mazhar khan.JPGC:UsersDIVNEETDesktopLifebuoy_soap.jpg Co-opt Contributors: A company can easily form strategic partnerships with dealers, suppliers and resellers by offering exclusive deals and offers. Grammage in Packaging: Many a times, companies reduce the quantity of the product and sell it at the same price. Reduction in quantity is generally unnoticed by the consumer. For example: Selling Half Kg detergent for Rs.7 instead of One Kg. SWOT analysis of HUL Soaps and Detergent Market Strengths Established target audience in various market segments Largest company in FMCG sector Top position in soap and detergent market share Wide range of products Continuously innovates Global presence Popular among the masses Weakness Few popular products appealing to the mass has been kept in premium pricing range, due to which people prefer cheaper products offered by the rival companies Opportunities As the masses are becoming more hygiene conscious, the sales expected to rise Rising demand of premium and mid-priced products in the rural areas Downfall of Nirma will help them to regain lost market shares Soap sectors growth is expected at 7% p.a Threats Rising competition from other emerging companies Losing top position in the market share of detergents to Rohit Surfactants Pvt. Ltd.(RSPL) ITCs sudden growth in the soap market Conclusion In this report, it can be easily observed that HULis a market leader in the FMCG industry in soaps detergents. Its evolution can be seen through various phases and currently operating in its Maturity phase. However, its evolution began in 1988 with launch of sunlight soap by Lever brothers and today we see a wide range of products starting with soaps and detergents, home personal care and food beverages. We see how continuous innovation and close study of consumer behavior has helped HUL exist in this competitive market as a leader in its field. Grabbing right opportunities at the right time and optimal utilization of available resources is the also one of the key critical success factors for any firm to be successful. HUL was able to capitalize on its products because of their approach towards target segmentation. HUL targeted the mass audience with products available in all income groups-low level, middle level high level.HUL have managed to balance margin pressures in the detergents segment, through product mix changes by good quality of a huge product and brand portfolio. Recommendation

Is Profit Maximization Consistent With Wealth Maximization Finance Essay

Is Profit Maximization Consistent With Wealth Maximization Finance Essay The objective of the firm is to make profits by meeting the needs of stakeholders. Generally, ceteris paribus, the objective of the firm is to maximize its ultimate value through profit maximization, while incurring the lowest costs. Basically, the ultimate objective of the firm is to acquire maximum profits and wealth for its shareholders. It is important to note that, the value of the firm is signified by the existing market prices of the corporations common stock market. In this respect, the maximization of the shareholders wealth is enhanced by the acquiring of maximum profits at the lowest level of expenditure. As it has been revealed, there exists a very strong co-relation between profit maximization and wealth maximization, where each of them forms part of the objective of the firm. In this case, the total earnings do not represent the ultimate value of the corporation but the profits accrued from the employed resources. Generally, any firm would be run towards acquirement of high profits which represent its actual wealth for its shareholders (Westerfield 23-75). Firms exist to meet the needs of stakeholders and to provide an efficient way of producing in a non-price environment. Firms exist to meet the needs of the populace in an efficient and a sustainable manner. 2. Is profit maximization consistent with wealth maximization? Why or why not? Profit maximization is not consistent with wealth maximization. It has some drawbacks and cannot be used for effective evaluation on the performance of the firm. On the other hand, wealth maximization, which is also known as the net present worth of a firm can be used to evaluate the performance of the firm. Wealth maximization is seen as more comprehensive and superior than profit maximization. Profit maximization deals with minimizing short term profits and is not forward-looking. Again, the profit maximization objective does not factor in time value of money considerations. Therefore wealth maximization is superior because it is a long term objective and considers the time value of money by discounting cash flows to the present time. Additionally, wealth maximization considers uncertainty by discounting at the required rate of return and considering the other stakeholders of the firm. Profit Maximization Wealth Maximization It is not clear on when the profit is counted as profit whether this should be before or after tax. Another uncertainty involves the long-term or short-term profit. Short term profit can be foregone by avoiding some expenditure but in the long run, these expenditures have to be paid for. Therefore long term profit has to be considered, and not short term profit. Wealth maximization shows the present value of benefits minus the cost of the investment. Profit maximization does not factor in risk. Different projects have different degrees of risk of future earnings. A project with fluctuating earnings is not the same as one with certainty earnings. By not looking at the risk factor of projects, profit maximization cannot be used for the operational objective of the firm. Risk is considered in wealth maximization as the discounted rate used to determine the present value of future cash flows factors in the risk. Lastly, profit maximization does not factor in the time value of money. A dollar spent today is not equivalent to the same dollar spent tomorrow. Cash drawn from a project in different years is considered the same, which is not realistic. Wealth maximization considers the time value of money as the cash drawn from a project in different years are not the same. The discounted rate that determines the present value of future cash flows shows both risk and time. 3. Describe the three main decisions in Corporate Finance The three main decisions in Corporate Finance are: (a) Investment Decision (Allocation) There are two key questions that are looked into when a firm wants to make an investment. What is a good investment? The firm looks at the various investment options in the market, for instance real estate investments or stocks investments. The risk involved and the returns to be gained. Where will the firms resources be invested? Here, it is important that the firm does not put all their resources into one basket. For instance, the firm may decide to invest a certain percentage of their resources in either stocks or real estate. Further, the pattern and the level of investment would be determined in which each investment plan is evaluated on the risks involved together with its ultimate returns expected. It is important to note that, the pattern of investment would still be an important factor to consider since each individual plan of investment would be accompanied with its benefits and risks. (b) Financing Decision Primarily, the financial decision considers where the firm would raise the funds for these investments. Will the firm use the shareholders/owners funds or borrow from the bank? The mix of equity and debt is what is considered in the financing decision. When, where and how to acquire the money to meet the firms needs. In this case, the finance managers ought to decide on the financing strategy of the firm, in which the evaluation of various sources of finance to cater for the running of firms activities would be made. Basically, each source of capital would be evaluated with the level of interests to be paid for the amount of money acquired. Capital Structure Modigliani y Miller (1958) how much should a firm borrow? (c) Dividend Decision The dividend decision is concerned with how much of the firm profits should be given to the shareholders, and how much of it should be reinvested. A dividend policy should be determined. the dividends decision would be made in order to determine the amount of the profits to be ploughed back into the firm depending on the amount of profits made (Westerfield 23-75). Dividend policy Modigliani y Miller (1961) another irrelevance proposition Another finance decision worth mentioning is the liquidity decision, whereby a firm looks at how to manage working capital and its components. 4. What is a hurdle rate? Why is it important? Also known as the cut off rate, the hurdle rate is the minimum expected return a firm will consider in accepting investment decisions. If a firms proposal own internal rate of return, r, is greater than the minimum rate of return, k, then it is acceptable. The r is internal to the project while the k (hurdle rate) is external to the project. The hurdle rate is used to make a decision based on the Internal Rate of Return (IRR) method which takes into account the cash flows occurring at different times and adjusts them according to the time value of money. The hurdle rate is very important as it enhances the planning of the investment patterns and levels since the firm establishes investment patterns which would the highest possible minimum returns. Basically, hurdle rate determines on how to acquire investment capitals as those capital sources with very high interest rates would not be economical to choose. The hurdle rate represents the internal rate of return of any investment since the finance manager would be in a position to decide on various allocation within the firm, on the basis of the hurdle rate set in the firm. 5. What are the main components of a discount rate? The discount rate is the rate at which money values are discounted at various times, within an investment period. Discount rates are comprised of three main components which include the interest rate of money, level of inflation and risk premiums involved. More specifically, the interests rates at which money capital is allocated comprises of the discount rates in any projected investment project. Specifically, the interest rate of money is the return got from delaying consumption. More so, the level of inflation in the country determines the value of money. This is because the level of inflation determines the purchasing power of money, which represents the ultimate value of money. Lastly, risks involved in the investment venture are another important component of the discount rate. Generally, highly risky business ventures would always have high discount rates. In this respect therefore, it would be very important for the finance manager to determine the discount rates to be used i n the calculation of the cash-flows in the business venture (Westerfield 23-75). 6. Define the Efficient Market Hypothesis Efficient market hypothesis is an investment assumption that postulates that, financial markets are efficient in providing information about the market returns from any form of investment. More specifically, in efficient market hypothesis, investors are controlled by the existing market conditions in terms of the financial stability or conditions of the money market. It is important to note that, inflation level and economic conditions of the country determines a lot on the efficiency of the financial information given by the market in terms of money interests and capital returns. In this regard, investors need to evaluate their investment ventures on the basis of the existing conditions or the information got from the financial markets which are considered to be the accurate in providing financial information (Higgins 12-43). 7. Describe the three forms of efficiency The 3 forms of efficiency are the strong-form efficiency, semi-strong efficiency and weak-form efficiency. In the form weak-form efficiency, all the information in the past stock-price fluctuations is totally shown in the present prices. This means that, the information provided is to compare the current price levels with the past prices. The semi-strong form involves the reflection of all publicly available data about the current prices in the market. In this form, there is some information that is withheld among the investors but most of the information is availed to the general public. On the other hand, the strong-form of efficiency in the market reflects all relevant information in the money market, whether withheld or publicly available. Here, the investors have the opportunity to explore in-depth all the trends of the money market in order to make reliable information about their investment (Westerfield 23-75). 8. What is the difference between Technical Analysis and Fundamental Analysis? Technical Analysis Fundamental Analysis Technical analysis is an appraisal strategy in the money market that looks at the price movements in the market in order to establish their security levels for investors to decide on how to choose their investment plans. Fundamental analysis on the other hand refers to the economic factors facing the money market in which each of the statement is presented in financial statements as opposed to technical analysis which uses using charts. Technical analysts usually use information found in charts and graphs to determine the financial worth of the company. Generally, fundamental analysis determines the ultimate value of the company by examining its financial statements like balance sheets and income statements among others. technical analysts use shorter periods of time in their determination of the worth of the company Fundamental analysis involves a log period of time in which the financial worth of the business ought to be devised using subsequent fiscal periods but not one period Information derived from (Higgins 12-43) 9. Do you believe markets are efficient? I believe that markets are not as efficient as economists reveal that they are. The major reason is because various market conditions are controlled by external factors which they have no control over them. In this respect, it would be difficult to determine the efficiency of the market or to predict the conditions of the market on considerations that, these external factors are also controlled by other forces. For instance, markets are often controlled by inflation rates and interest rates which are factors beyond the control of the market itself. On this consideration, it would be very important for any investor to note the unpredictability of the markets in order to make appropriate investments. There is no perfect information in the market. It is on this basis therefore that I believe that markets are not efficient at all (Westerfield 23-75). 10. Efficient Market Hypothesis Which of the following statements are true if the efficient market hypothesis holds? a. It implies that future events can be forecast with perfect accuracy. b. It implies that prices reflect all available information. c. It implies that security prices change for no discernible reason. d. It implies that prices do not fluctuate. If efficient market hypothesis holds, the future events can be forecasted with ease. This is because, all the information concerning stocks in the stock market would be well presented in a more accurate way, to reflect on the subsequent trends expected in the future in the market. In this respect therefore, if the efficient market hypothesis holds, it would enhance easiness in predicting any future trends of investment as the information in the market would be quite reliable. More so, if this hypothesis holds, the information provided would be reflecting all the prices that would be available in the market. This is because; every price presented in the market information would greatly imply a predictive nature of the prices in the future markets. Generally, if the efficient market hypothesis holds, then the above two statements would be true (Higgins 12-43).

Mikhail Bulgakov’s novel The Master and Margarita Essay -- Literary A

The vast interpretations and multiple meanings that lie within Mikhail Bulgakov’s novel The Master and Margarita cannot be limited or reduced to just a singular point or explanation. It would be ludicrous for one to simply classify Bulgakov’s work as just a religious, ethical, social or political tract because the enforcement of only one of these points of view would hinder the reader’s insight into the depth of the entire novel. However, it is possible to be able to grasp the many themes and meanings of The Master and Margarita by the examination of one of the novel’s central characters, this character is found in both narratives of the novel and his name is Woland or, as he is also known, the devil. Woland is the most important character in the novel because he entices the people of Moscow, whether they want to or not and whether they are conscious of it or not, to rebel against the order of which they are accustomed too and to gain a new found sense of liberation. Colin Wright, in his work Mikhail Bulgakov: Life and Interpretations, writes, â€Å"And here we find the key to the whole book for, as we have seen, it is the individual non-conformists who are Bulgakov’s heroes, those who rebel – whether against God or man† (270). It is understandable that Bulgakov, having written this work in an oppressive surrounding that limited what he could and could not write, creates a hero who is in fact a rebel and other characters that are rebellious against those who stifle artistic freedom. In Vladimir Tumanov’s essay, Diabolus ex Machina: Bulgakov’s Modernist Devil, the author writes, â€Å"In this respect the modernist qualities of Bulgakov’s novel acquire a new dimension because Master i Margarita becomes a kind of artistic devil, fulfilli... ...ivision of humanity into good and evil is no longer useful and the transcendence of the need for retribution is the goal† (362). With Woland, Bulgakov sends the message that humanity falls into a grey area and that one needs to show compassion to their fellow human beings instead of always seeking vengeance. Works Cited Bulgakov, Mikhail. The Master and Margarita. London: Picador, 1997. Franklin, Simon. Introduction. The Master and Margarita. By Mikhail Bulgakov. 1992. Great Britain: Everyman’s Library, 1992. Proffer, Ellendea. Bulgakov the Magician. Afterward. The Master and Margarita. By Mikhail Bulgakov. 1995. London: Picador, 1997. Tumanov, Vladimir. Diabolus ex Machina: Bulgakov’s Modernist Devil. Vol. 35. Scando- Slavica, 1989. Wright, Colin. Mikhail Bulgakov: Life and Interpretations. Canada: University of Toronto Press, 1978.

Nelly Dean of Emily Brontes Wuthering Heights :: free essay writer

Wuthering Heights - Nelly   In the book Wuthering Heights, the author, Emily Bronte, made Nelly the narrator. Many have questioned why Bronte would do so. Nelly never really had a life of her own because she lived at Wuthering Heights all her life.   Therefore, Wuthering Heights and Thrushcross Grange was her life.   Nelly was more than a servant, and had a personal relationship with most of the characters,which is why her story is so efficient, and her lack of knowledge not as important.   She really loved them, and she shows it when she says, "I kissed Hareton good-bye; and since then he has been a stranger: and it's queer to think it, but I've no doubt he has completely forgotten all about Ellen Dean, and that he was ever more than all the world to her and she to him!" (Wuthering Heights Pg. 81)   Hareton probably doesn't remember her, but that shows the lack of appreciation everyone had for her.   No one praised her like   Heathcliff and Edgar praised Catherine, but no one hated her like Hindly hated   Heathcliff.   In fact, she's the "middle man" that makes the transition from   Wuthering Heights to Thrushcross Grange so smooth.   If she had not been the narrator we wouldn't know what went on at Thrushcross Grange.   Nelly manages to know what went on at Wuthering Heights because of her good relationship with everyone.   So even though Nelly is not present there, she still has the capabilities to know what's going on.     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   There really isn't a mother figure in the story, but Nelly's role sure imply that she's the mother.   It's odd that every time a lad is born, the mother died during the birth, which led to Nelly's "mother like" role.   She didn't only play her "mother like" role with Hareton and Cathy, (the two lads who's mothers died during labor) but she also played her role with Heathcliff and Catherine.   When Heathcliff retaliated against Hindly and decided not to eat due to his pride; Nelly brought him some food and made sure he was okay. She also aided Catherine when she was mad at Edgar.   Nelly's role is so important, and an example of it is when Nelly visited Wuthering Heights and Hareton was throwing   rocks at her and cursing at her.   This would not have happened if Nelly was there, and Hareton would have learned how to read.

Independence day Essay

Today we all have gathered here to be witnesses to our 67 prosperous years of Independence. A day so special in the history of India that wouldn’t fail to remind us of the heroic deeds of not just our freedom fighters but the citizens of India. On the eve of Independence our 1st Prime Minister Pandit Jawaharlal Nehru rose to make a speech on Independence Day, â€Å" When the world sleeps, India will wake to life and freedom.† My dear friends , we are the fortunate ones to be able to breathe this air of freedom since the day we were born. Fortunate enough not to go through the hardships and ignominy of slavery under foreign rule. It was indeed a Herculean task to overthrow the powerful giants, the British rulers from the land of our ancestors ,the despotic power that motivated us to fight as one . So my dear friends let not the reminiscence of those scars fade away but may continue to bind us . Today we remember the great leaders who gave their lives for India’s f reedom. Dr.B. R . Ambedkar gave us the longest thoughtful written constitution . Pandit Jawaharlal Nehru laboured for an Industrialized India . Gandhi ji taught us Ahimsa . Subhash Chandra Bose induced courage in us. Swami Vivekanand gave us spiritual power and there are many more who continue to inspire us even today. In these past 67 years India has witnessed different realms of success . India took immense pride when we emerged out as the world’s largest democracy, when India bagged the 5th position among 71 nations in the recent Glasgow games, when UNESCO declared our National Anthem as the best anthem and declared six forts of Rajasthan as the world heritage sites. When India was declared to head the BRICS 100 billion dollar New Development Bank for six years, when the WHO declared to grant India a certificate for the eradication of Polio. When a survey declared 36% scientists in NASA as Indians among the world’s top scientists and when ISRO’s PSLV-C21 was successfully launched on the 26th of July 2013. There are innumerable instances which continue to motivate us to think highly of our motherland but there too exists a dark side which should not be overlooked. The freedom for which our freedom fighters fought is still incomplete because there still exists in India a India where caste distinctions still prevail ,which prevent people from enjoying their part in our independent India. Day after day increasing crimes against women put us to shame as they defame not just the victims but their motherland too. There were those golden times when people were selfless, but now people  have crossed heights of selfishness and greed where the life of woman is nothing in front of green currency in the form of dowry. The greed for wealth has increased so much so that people have started robbing their own country. There are people struggling against the bondage of illiteracy , there are places where the light from an electric bulb still remains a dream ,places where people still need to travel miles in search of water, places where the backwardness of superstitious thinking continue to take the lives of innocent people . There are many more cases which are opposing us in our walk towards complete independence and development. It is our duty as the sons and daughters of India to eradicate such insane social evils from our society and make it a better place to live in enjoying their rights to freedom and prosperity. My dear friends, in the end I’d just like to remind you that it’s a blessing to be free and freedom is a blessing. All we need is to keep in mind not to misuse this freedom of ours. With freedom comes responsibilities, with responsibilities come dependence on our brotherly bonds of oneness and when we tread this path of Unity, we attain complete Independence. Our country is a symbol of great diversity in every form and I wish that the feeling of oneness may continue to beat in every Indian heart in our movement the a glorious future.

Digital Fortress Chapter 123-126

Chapter 123An livid technician ran to the podium. Tunnel blocks ab break to goJabba sour to the VR on binding. The attackers surged forward, but a whisker onward from their assault on the fifth and utmost w every last(predicate). The databank was running out of eon.Susan blocked out the chaos around her. She ask Tankados outlandish message entirely(prenominal)where and over.PRIME variation mingled with ELEMENTS RESPONSIBLE FOR HIROSHIMA AND NAGASAKIIts non counterbalance a question Brinkerhoff cried. How fag end it switch an answer?We need a spell, Jabba reminded. The kill-code is numeric.Silence, Fontaine state evenly. He sullen and addressed Susan. Ms. Fletcher, youve gotten us this far. I need your best adventure.Susan took a productive breath. The kill-code entry field accepts numerics only. My scheme is that this is almost sort of clue as to the correct number. The text mentions Hiroshima and Nagasaki-the twain cities that were frivol a safe smart by a tomic miscarrys. Maybe the kill-code is colligate to the number of casualties, the estimated dollars of damage She pa utilise a moment, re recording the clue. The sacred scripture dispute seems important. The vertex of life quantity difference amongst Nagasaki and Hiroshima. plain Tankado felt the cardinal incidents differed somehow.Fontaines expression did not change. N unmatchedtheless, hope was fading fast. It seemed the political backdrops environ the twain most devastating blasts in history needed to be analyzed, comp bed, and translated into some magic number and each(prenominal) at bottom the next five minutes.Chapter 124Final block out under attackOn the VR, the PEM say-so programming was now being consumed. Black, cracking lines engulfed the utmost protective epidermis and began forcing their way toward its core.Prowling hackers were now appearing from all over the world. The number was doubling almost every minute. Before long, anyone with a computer-for eign spies, radicals, terrorists-would have ingress to all of the U.S. governments classified information.As technicians try vainly to sever power, the assembly on the podium studied the message. point David and the two NSA agents were trying to crack the code from their cutting edge in Spain.PRIME DIFFERENCE BETWEEN ELEMENTS RESPONSIBLE FORHIROSHIMA AND NAGASAKISoshi thought aloud. The elements liable for Hiroshima and Nagasaki drop Harbor? Hirohitos refusal toWe need a number, Jabba repeated, not political theories. Were talk mathematics-not historySoshi barbaric silent.How about payloads? Brinkerhoff offered. Casualties? Dollars damage?Were smell for an have figure, Susan reminded. Damage estimates vary. She st argond up at the message. The elements creditworthy tercet thousand miles away, David Beckers eyes flew open. Elements he decl ard. Were talking math, not history all heads turned toward the satellite screen.Tankados playing ledger games Becker spouted. The word elements has binary meaningsSpit it out, Mr. Becker, Fontaine snapped.Hes talking about chemical elements-not sociopolitical onesBeckers announcement met empty looks.Elements he prompted. The periodic table chemical substance elements Didnt any of you see the movie dilate Man and Little Boy-about the Manhattan Project? The two atomic bombs were different. They utilise different fuel-different elementsSoshi clapped her hands. Yes Hes right I read that The two bombs use different fuels One used uracil and one used atomic number 94 dickens different elementsA hush move across the room. uracil and atomic number 94 Jabba exclaimed, dead hopeful. The clue asks for the difference amongst the two elements He spun to his army of workers. The difference mingled with uranium and plutonium Who greets what it is?Blank st ars all around. gain on Jabba said. Didnt you kids go to college? person Anybody I need the difference among plutonium and uranium nary(prenominal)response.Susa n turned to Soshi. I need access to the Web. Is in that location a browser here?Soshi nodded. Netscapes sweetest.Susan grabbed her hand. Come on. Were passage surfing.Chapter 125How much time? Jabba demanded from the podium. on that point was no response from the technicians in the back. They stood riveted, staring up at the VR. The closing shield was getting dangerously thin.Nearby, Susan and Soshi pored over the results of their Web search. surfacelaw Labs? Susan asked. Who are they?Soshi shrugged. You indispensability me to open it?Damn right, she said. Six degree centigrade forty-seven text references to uranium, plutonium, and atomic bombs. Sounds identical our best bet.Soshi opened the link. A disavowal appeared.The information contained in this file is purely for academic use only. Any layman attempting to construct any of the devices described runs the peril of radiation poisoning and/or self-explosion.Self-explosion? Soshi said. Jesus. hunting it, Fontaine snapped over his shoulder. Lets see what weve got.Soshi plowed into the document. She scrolled by a recipe for urea nitrate, an detonative ten times to a greater extent virile than dynamite. The information rolled by like a recipe for butterscotch brownies.Plutonium and uranium, Jabba repeated. Lets focus.Go back, Susan ordered. The documents too big. nonplus the table of contents.Soshi scrolled retroflexed until she tack together it.I. Mechanism of an nuclear conk outA) AltimeterB) Air Prescertain(p) DetonatorC) Detonating HeadsD) fickle ChargesE) Neutron DeflectorF) atomic number 92 PlutoniumG) Lead shieldH) FusesII. Nuclear Fission/Nuclear coalescenceA) Fission (A-Bomb) Fusion (H-Bomb)B) U-235, U-238, and PlutoniumIII. storey of the atomic WeaponsA) Development (The Manhattan Project)B) Detonation 1) Hiroshima 2) Nagasaki 3) By-products of Atomic Detonations 4) Blast Zones Section two Susan cried. atomic number 92 and plutonium GoEveryone waited while Soshi found the right se ction. This is it, she said. Hold on. She quickly s screwned the data. Theres a lot of information here. A entirely map. How do we realize which difference were looking for? One occurs naturally, one is man-made. Plutonium was frontmost discovered by-A number, Jabba reminded. We need a number.Susan reread Tankados message. The prime difference surrounded by the elements the difference amongst we need a number Wait she said. The word difference has multiple meanings. We need a number-so were talking math. Its some other of Tankados word games-difference means subtraction.Yes Becker agreed from the screen overhead. Maybe the elements have different numbers game pool of protons or something? If you subtract-Hes right Jabba said, turning to Soshi. be on that point any numbers on that chart? Proton counts? Half-lives? Anything we can subtract? trey minutes a technician scratched.How about critical smokestack? Soshi ventured. It says the supercritical mass for plutonium is 3 5.2 pounds.Yes Jabba said. Check uranium Whats the supercritical mass of uranium?Soshi searched. Um 110 pounds.One atomic number 6 ten? Jabba looked suddenly hopeful. Whats 35.2 from 110? 74 guide eight, Susan snapped. But I dont think-Out of my way, Jabba commanded, plowing toward the secernateboard. Thats got to be the kill-code The difference among their critical masses Seventy-four point eightHold on, Susan said, peering over Soshis shoulder. Theres more here. Atomic charges. Neutron counts. Extraction techniques. She skimmed the chart. Uranium splits into barium and krypton plutonium does something else. Uranium has 92 protons and 146 neutrons, but-We need the most transparent difference, Midge chimed in. The clue reads the primary difference amidst the elements. Jesus Christ Jabba swore. How do we know what Tankado considered the primary difference?David interrupted. Actually, the clue reads prime, not primary.The word hit Susan right amongst the eyes. Prime she exclai med. Prime She spun to Jabba. The kill-code is a prime number Think about it It makes blameless senseJabba instantly knew Susan was right. Ensei Tankado had built his locomote on prime numbers. Primes were the fundamental building blocks of all encryption algorithms-unique values that had no factors other than one and themselves. Primes worked well in code writing because they were impossible for computers to guess using typical number-tree factoring.Soshi jumped in. Yes Its perfect Primes are essential to Japanese culture Haiku uses primes. Three lines and syllable counts of five, seven, five. All primes. The temples of Kyoto all have-Enough Jabba said. Even if the kill-code is a prime, so what There are endless possibilitiesSusan knew Jabba was right. Because the number line was infinite, one could always look a smallish farther and find another prime number. Between zero and a million, there were over 70,000 choices. It all depended on how whopping a prime Tankado decided to use. The large it was, the harder it was to guess.Itll be huge. Jabba groaned. Whatever prime Tankado chose is sure to be a monster.A call went up from the rear of the room. Two-minute warningJabba gazed up at the VR in defeat. The final shield was starting to crumble. Technicians were rushing everywhere. some(prenominal)thing in Susan told her they were close. We can do this she declared, taking control. Of all the differences between uranium and plutonium, I bet only one can be represent as a prime number Thats our final clue. The number were looking for is primeJabba eyed the uranium/plutonium chart on the monitor and threw up his arms. There moldiness be a ascorbic acid entries here Theres no way we can subtract them all and check for primes.A lot of the entries are nonnumeric, Susan encouraged. We can drop them. Uraniums natural, plutoniums man-made. Uranium uses a gun gun barrel detonator, plutonium uses implosion. Theyre not numbers, so theyre unlikeDo it, Fontaine ord ered. On the VR, the final rampart was eggshell thin.Jabba mopped his brow. All right, here goes nothing. setoff subtracting. Ill take the top quarter. Susan, youve got the middle. Everybody else split up the rest. Were looking for a prime difference. inwardly seconds, it was clear theyd never make it. The numbers were enormous, and in many cases the units didnt match up.Its apples and diabolical oranges, Jabba said. Weve got gamma rays once morest electromagnetic pulse. Fissionable against unfissionable. Some is pure. Some is percentage. Its a messIts got to be here, Susan said firmly. Weve got to think. Theres some difference between plutonium and uranium that were missing Something childlyAh guys? Soshi said. Shed created a second document windowpane and was perusing the rest of the Outlaw Labs document.What is it? Fontaine demanded. Find something?Um, sort of. She sounded uneasy. You know how I told you the Nagasaki bomb was a plutonium bomb?Yeah, they all replied in unison.W ell Soshi took a deep breath. Looks like I made a mistake.What Jabba choked. Weve been looking for the wrong thing?Soshi pointed to the screen. They cluster around and read the text the habitual misconception that the Nagasaki bomb was a plutonium bomb. In fact, the device employed uranium, like its sister bomb in Hiroshima.But- Susan gasped. If both elements were uranium, how are we supposed to find the difference between the two?Maybe Tankado made a mistake, Fontaine ventured. Maybe he didnt know the bombs were the same.No. Susan sighed. He was a cripple because of those bombs. Hed know the facts cold.Chapter 126One minuteJabba eyed the VR. PEM authorizations going fast. Last line of defense. And theres a assemblage at the door.Focus Fontaine commanded.Soshi sat in front of the Web browser and read aloud. Nagasaki bomb did not use plutonium but rather an artificially manufactured, neutron-saturated isotope of uranium 238.Damn Brinkerhoff swore. Both bombs used uranium. The ele ments responsible for Hiroshima and Nagasaki were both uranium. There is no differenceWere dead, Midge moaned.Wait, Susan said. Read that last part againSoshi repeated the text. artificially manufactured, neutron-saturated isotope of uranium 238.238? Susan exclaimed. Didnt we fair(a) see something that said Hiroshimas bomb used some other isotope of uranium?They all exchanged puzzled glances. Soshi frantically scrolled back and found the spot. Yes It says here that the Hiroshima bomb used a different isotope of uraniumMidge gasped in amazement. Theyre both uranium-but theyre different kindsBoth uranium? Jabba muscled in and stared at the terminal. Apples and apples PerfectHow are the two isotopes different? Fontaine demanded. Its got to be something basic.Soshi scrolled finished the document. Hold on looking hunky-doryForty-five seconds a voice called out.Susan looked up. The final shield was almost invisible now. here(predicate) it is Soshi exclaimed.Read it Jabba was sweating. Whats the difference There must be some difference between the twoYes Soshi pointed to her monitor. LookThey all read the text two bombs employed two different fuels precisely identical chemical characteristics. No ordinary chemical fall can separate the two isotopes. They are, with the elision of minute differences in weight, perfectly identical.Atomic weight Jabba said, excitedly. Thats it The only difference is their weights Thats the key Give me their weights Well subtract themHold on, Soshi said, scrolling ahead. to the highest degree there Yes Everyone scanned the text. difference in weight very slight gaseous scattering to separate them 10,032498X10?134 as compared to 19,39484X10?23.** There they are Jabba screamed. Thats it Those are the weightsThirty secondsGo, Fontaine whispered. Subtract them. Quickly.Jabba palmed his estimator and started entering numbers.Whats the asterisk? Susan demanded. Theres an asterisk afterwards the figuresJabba ignored her. He was already works his calculator keys furiously.Careful Soshi urged. We need an circumstantial figure.The asterisk, Susan repeated. Theres a comment.Soshi clicked to the bottom of the paragraph.Susan read the asterisk footnote. She went white. Oh dear God.Jabba looked up. What?They all leaned in, and there was a communal sigh of defeat. The tiny footnote read **12% margin of error. print figures vary from lab to lab.

Reflective Story

At first, I did non expect that I would regret not being emotionally and spiritually prepared. I was really overwhelmed with the different things I understandd. not only did I get to experience dorm life with my fellow classmates, got to stop at dawn and bond with former(a) people, I got closer with paragon. How you have a bun in the oven? I finally matt-up someones battlefront. Not interchangeable when there is someone with you or a so-called ghost appears, I felt a powerful presence. I felt accompanied. I never felt alone. That presence was masked by friends, great advice and fortified faith.And to think I was very, very invade on what clothes to wear, toiletries to bring and everything else required. Also, I never thought that I would disclose all my negativity during session time. Somehow, It do me feel whole. I felt complete. I felt happy. I felt that God was beside me throughout everything. He blessed us all with trust for one another. I was mostly moved with Sir Re giss difficult go throughs in life. It make me realize that the greatest blessedness I was blessed with was people who would deal and accept me for who I am.Just by Ewing border by them is the only blessing that, I bet, would be the best thing you would ask for. I am not give tongue to that you should take advantage of their presence yet you should savoir and appreciate their love and care for you. This commemoration gave me more on the Inside air pocket of reality and the different hardships you will encounter as you face it twists and turns. This also made me realize that I should be grateful for my days to come. I was taught to fall tongueless and listen. Life is exciting and thanks to this experience, I came to appreciate lifes meaning and hungry to turn tail some of Its secrets.