Tuesday, December 31, 2019

Henrik Ibsen s A Doll s House - 1005 Words

Readers of Henrik Ibsen work will notice he tends to incorporate everyday problems into his work. Ibsen use of everyday problem gives audience better insight to better relate to his plays, and reflect upon their own situations which would also make his plays believable. Ibsen would make his endings occasionally open-ended. Ibsen would do this, so audience members could think for themselves. It would be up to the crowd’s own interpretation on how the characters would continue life. In The English Review article â€Å"A New World for Women† writer Stephanie Forward claims â€Å"Henrik Ibsen’s Plays were staged as part of a privately subsidized feminist experimental project†. Which brings the topic of Henrik Ibsen’s play â€Å"A Doll’s House†. Ibsen’s stage†¦show more content†¦The Nanny abandoned her child in order to financially take care of herself. Mrs. Linde is a representation of Nora’s yearning for freedom. M rs. Linde search for a job represents how she is trying to begin a new life for herself. During Mrs. Linde marriage to her deceased husband, she felt as if she was being controlled. Mrs. Linde lost her ambition because she was busy taking care of other people in her family. Nora tries to sympathize with Mrs. Linde by telling her about the situation with her husband and how they were once poor. While talking Nora begins to let it slip that in order to get out of debt she received the money illegally. Nora never told her secret to her husband and it is not revealed who she owns this debt to until later. The person to whom she owes the debt to is Krogstad. All the other characters are oblivious to Krogstad motives for being at the Helmer’s house except Nora. Krogstad threatens to tell the truth, and displays how he is also controlling Nora as a doll. Krogstad, however, is not an evil person as he sympathizes with Nora by pointing out â€Å"Even money-lenders, / hacks, well, a man like me, /can have a little of what you call feeling, / you know.† (101-105). Krogstad reasoning for wanting to blackmail Nora is, so he can keep his job. Krogstad purpose is not to achieve a higher social status rather, his primary goal is to make sure his family is financially safe. Nora was going to ask Dr. Rank for money until he professed his loveShow MoreRelatedHenrik Ibsen s A Doll House1563 Words   |  7 Pages In the play, A Doll House by Henrik Ibsen, the title itself symbolizes the dependent and degraded role of the wife within traditional marriages. Ibsen portrayed the generous nature root into women by society, as well as the significant action of this nature, and lastly the need for them to find their own voice in a world ruled by men. Ibsen wrote this play in 1879, this is the era where women were obedient to men, tend the children until their husband came home, and stood by the Cult of DomesticityRead MoreA Doll s House By Henrik Ibsen1717 Words   |  7 Pagesâ€Å"A Doll, a Partner, and a Change† Social movement of women liberation toward equal rights and independence has been a big subject in human history. It happens not only in Europe but also all over the world. Though making progress, this movement has been advancing slowly and encountered backslashes from time to time. Maybe there is something deeply hidden which the society has not figured out yet, even women themselves. What do women want, freedom or good life? Most of the time, they are notRead MoreA Doll s House By Henrik Ibsen1291 Words   |  6 Pages A Doll s House by Henrik Ibsen, is a play that has been written to withstand all time. In this play Ibsen highlights the importance of women’s rights. During the time period of the play these rights were neglected. Ibsen depicts the role of the woman was to stay at home, raise the children and attend to her husband during the 19th century. Nora is the woman in A Doll House who plays is portrayed as a victim. Michael Meyers said of Henrik Ibsen s plays: The common denominator in many of IbsenRead MoreA Doll s House By Henrik Ibsen1288 Words   |  6 Pages Henrik Ibsen’s A Doll’s House is based in the Victorian society of the 19th century. It assesses the many struggles and hardships that women faced because of marriage â€Å"laws† that were crucial during that time period. The society was male- dominated with no equality. Nora is the protagonist in A Doll’s House and the wife of a man named Torvald. This play is about Nora’s voyage to recognizing her self- determination and independence. She transforms from a traditional, reserved woman to a new, independentRead MoreA Doll s House By Henrik Ibsen1298 Words   |  6 Pagesâ€Å"There is beauty in truth, even if it s painful. Those who lie, twist life so that it looks tasty to the lazy, brilliant to the ignorant, and powerful to the weak. But lies only strengthen our defects. They don t teach anything, help anything, fix anything or cure anything. Nor do they develop one s character, one s mind, one s heart or one s soul.† (Josà © N. Harris). Nora Helmer’s choice to lie and deceive is inappropriate and wrong for women to do to her husband during this time period; itRead MoreA Doll s House By Henrik Ibsen1037 Words   |  5 PagesHenrik Ibsen s A Doll s House is a work of literature genius. This three-act play involves many literary technics that are undermined by the average reader such as the fact that the plot shows the main characters Torvald and his wife Nora live the perfect life. An ironic paradox based around the fact that Nora and Torvald’s relationship is the complete opposite of perfect. Also, bringing upon a conflict as well, appearance versus reality. These little hidden meanings within stories are what areRead MoreA Doll s House : Henrik Ibsen962 Words   |  4 PagesDrama Analysis A Doll’s House (Henrik Ibsen) And Trifles (Susan Glaspell) In comparing both dramas, the overwhelming aspect of convergence between both is the open discussion of gender identity. Both dramas make similar points about what it means to be a woman. Modern society in both dramas is constructed with men holding power over women. This is seen in Trifles in how men like George Henderson and Mr. Hale are myopic. The premise of the drama is how women worry over trifles, and the dismissiveRead MoreA Doll s House By Henrik Ibsen1421 Words   |  6 PagesIn A Doll’s House, Henrik Ibsen examines conventional roles of men and women in the nineteenth century. In the play, Nora exemplifies the conventional feminine standard during that period. She seems to be powerless and confines herself through high standard expectations, demonstrating what the role of a women would be as a wife and mother. The protagonist of A Doll’s House is a woman named Nora Helmer. Ibsen shows how Nora’s design of perfect life gradually transforms when her sec ret unravels. InRead MoreA Doll s House By Henrik Ibsen876 Words   |  4 PagesA Doll’s House by Henrik Ibsen A Doll’s House takes place in the home of Torvald and Nora Helmer. Through conversation with Nora’s good friend Kristine Linde it is revealed that Mr. Helmer was ill around the same time Nora’s father died. Luckily Nora’s father left her enough money that Torvald and Nora could go on a life saving trip to Italy. But the truth comes out when we find out Nora’s father did not leave her a penny. We find out that Nora got a hold of the money through a loan but she signedRead MoreHenrik Ibsen s A Doll House Essay1501 Words   |  7 PagesHenrik Ibsen’s play â€Å"A Doll House† was set in the Victorian era, a time where women were highly respected. Women in this time period did not work, they had nannies to take care of their children and maids to take care of their homes. Many women had no real responsibilities, they spent their time having tea parties and socializing with their friends. Henrik Ibsen dared to show the realism of the Vict orian era while everyone else would only focus on the romantic aspect. In the play, â€Å"A Doll House†

Monday, December 23, 2019

Mayor Schells Zero Homeless Family Pledge - 1240 Words

Contents Abstract: 2 Introduction: 2 Policy Choices: 2 Pre Implementation and Design Strategies 4 Steps Taken to Reengineer the Program 4 Importance of Conducting Assessments Prior to Implementation 5 References: 6 Abstract: The paper discusses Mayors Schells zero homeless family pledge. Mayor Schell was determined to eliminate the homelessness in Seattle when he became the mayor in 1998, to achieve his mission he and his team came up with some strategies and restructuring which are discussed in the paper. Introduction: Mayor Paul Schell was committed to end the homelessness problems in Seattle. He requested the city council to provide him adequate support in his pursuit to end the homelessness of children, women and families. In 1998 in his press conference he mentioned his desire to satisfy the needs of the homeless children, women and families. He knew that he required emergency assistance. K. Oldham mentioned in his paper Homeless in Seattle, that the mayor took a firm pledge that the homelessness will end by Christmas and to assist him Alan Painter, the director of the service of the community division, held a key role in the planning and strategy formulation. (K. Oldham, 1999) He collaborated with the Mayor to address this issue however he was deeply concerned that the complete focus on homeless people by the Mayor would affect the other issues which would be neglected as a result. Policy Choices: Making policy in such a dynamicShow MoreRelatedPad 500 Assignment 31608 Words   |  7 Pages†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...†¦.3 Mayor Schell’s Policy Choices†¦..†¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦....4 Mayor Schell’s Pre-Implementation and Design Strategies†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..............5 Reengineering the Program†¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦...†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.....†¦.†¦.6 Conducting Assessments.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..8 References†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦10 Abstract This assignment is about Mayor Paul Schell’s pledge for homeless families in Seattle, Washington. Mayor Schell on June 2, 1998 spoke to the press and pledge that there willRead MoreProgram Reenginerring Essay1071 Words   |  5 Pagesunemployment is on the rise. As a result of these factors, homeless has been an issue for many years. Every city and city leaders try to come up with a solution to the problem. A lot of politicians use this issue as a platform in their campaign On June 2nd, 1998, Mayor Paul Schell spoke to the press about the needs of homeless families, women and children. He asked for the City Council’s support in providing â€Å"immediate emergency assistance to homeless families and single women, a critical step in providing lastingRead MoreThe Concept of Program Reengineering1198 Words   |  5 PagesAdministration May 20, 2012 Analyze four (4) policy choices of Mayor Schell that were made as part of the strategy for the homeless. In 1998, Mayor Paul Schell spoke to the press about the needs of homeless families, women and children. He asked City Council to support providing immediate emergency assistance to homeless families and single women. He also made a firm pledge that by Christmas 1998, there would be no homeless families or homeless single women on the streets of Seattle. Seattle citizens

Sunday, December 15, 2019

Term Paper of Dbbl Free Essays

Introduction: To finance their investments firms use retained earnings, new borrowings or the issue of stock. The financing decision involves i) dividend and ii) the capital structure. Dividend policy involves the decision to pay out earnings versus retaining them for reinvestment in the firm, and dividend policy decisions can have either favorable or unfavorable effects on the price of a firm’s stock. We will write a custom essay sample on Term Paper of Dbbl or any similar topic only for you Order Now Cash distributions are made to stockholders form the firm’s earnings, whether those earnings were generated in the current period or in previous periods. Origin of the Report: During this semester of Summer 2010 in MBA program of East West University, we are required to submit a term paper in the course Corporate Finance: â€Å"An Appraisal of Dividend Policy and Capital Structure of An Organization†. We have chosen PRAN for our term project. Objectives of the Report: The general objective is to prepare and submit the term project within specified time by having an idea and over viewing the PRAN, their Dividend Policy and their Capital Structure. Scope of the Report: The scope is limited to over viewing PRAN their dividend policy and the Capital Structure they have adopted for their organization. Limitations of the Study: Secondary data were used in this study as result it may differ from actual data. As a group, we have also faced some difficulties in compiling and discussing it due to unavailability of all members at the same time. The absence of solid and verse knowledge about dividend policy is absent and we have taken it as an addition in our learning curve. Methodology: The report is originated from secondary data sources- 1. The Company’s Annual Report 2. DES website 3. Different Articles from Internet 4. Other related websites Company Profile PRAN: PRAN stands for Programme for Rural Advancement Nationally. â€Å"PRAN† is currently the most well known household name among the millions of people in Bangladesh and abroad also. Since its inception in 1980, PRAN Group has grown up in stature and became the largest fruit and vegetable processor in Bangladesh. It also has the distinction of achieving prestigious certificate like ISO 9001:2000, and being the largest exporter of processed agro products with compliance of HALAL HACCP to more than 70 countries from Bangladesh. PRAN is the pioneer in Bangladesh to be involved in contract farming and procures raw material directly from the farmers and processes through state of the art machinery at our several factories into hygienically packed food and drinks products. The brand â€Å"PRAN† has established itself in every category of food and beverage industry and can boost a product range from Juices, Carbonated Drinks, Confectionery, Snacks, and Spices to even Dairy products. Today, our consumers not only value â€Å"PRAN† for its authentic refreshing juice drinks products, but also for its mouth watering quality confectionery products with high visual appeal and exciting texture. We intend to expand our presence to every corner of the world and strive to make â€Å"PRAN† a truly international brand to be recognized globally. The authorized capital of PRAN is BDT 50,000,000 and paid up capital is BDT 8,000,000. The proportion is given below: |Share Percentage | |Director /Sponsor |Govt. Institute |Foreign |Public | |42. 75% |0% |1. 27% |0% |55. 98% | [pic] Dividends: Dividend is that part of the profits of a company which is distributed amongst its shareholders. According to ICAI, â€Å"Dividend is a distribution to shareholders out of profits or reserves available for this purpose. † In other words we can say that a corporation makes Dividend payments to its shareholder. It is the portion of corporate profits paid out to its stockhol ders. When a corporation earns a profit at the end of a financial year, that profit can be uses by two different ways: it can either be re-invested in the business or it can be paid to the shareholders as a dividend. Many corporations retain a portion of their earnings and pay the remainder as a dividend. Dividend Policy and Stock Value: There are various theories that try to explain the relationship of a firm’s dividend policy and common stock value. Dividend policy is the policy a company uses to decide how much it will pay out to shareholders in dividends. A firm has different options to deal with its earnings. It can give all their earnings as dividend or it can retain all its earnings as retained earnings. The firm can also declare a portion of its earnings as dividend and can retain other portion as retained earnings. Dividends may be in the form of cash or stock. Most secure and stable companies offer dividends to their stockholders. Their share prices might not move much, but the dividend attempts to make up for this. High-growth companies  rarely offer dividends because all of their profits are reinvested to help sustain  higher-than-average  growth. Dividend Relevance Theory: The value of a firm is affected by its dividend policy – the optimal dividend policy is the one that maximize the firm’s value. Optimal Dividend Policy: Proponents believe that there is a dividend policy that strikes a balance between current dividends and future growth that maximizes the firm’s stock price. Dividend Irrelevance Theory: The theory states that a firm’s dividend policy has no effect on either its value or its cost of capital. Bird-in-the-Hand Theory: It states that dividends are relevant. Remember that total return (k) is equal to dividend yield plus capital gains. Myron Gordon and John Linter took this equation and assumed that k would decrease as a company’s payout increased. As such, as a company increases its payout ratio, investors become concerned that the company’s future capital gains will dissipate since the retained earnings that the company reinvests into the business will be less. Gordon and Linter argued that investors value dividends more than capital gains when making decisions related to stocks. In this theory â€Å"the bird in the hand’ is referring to dividends and â€Å"the bush† is referring to capital gains. The traditional argument in favour of dividend is the idea that dividends reduce risk because they bring shareholders’ cash inflows forward. Although shareholders can create their own dividends by selling part of their holdings, this entails trading costs, which are saved when the firm pays dividends. The risk reduction or bird in the hand argument is associated with Graham and Dodd (1951) and with Gordon (1959) and it is often defended as follows. By paying dividends the firm brings forward cash inflows to shareholders, thereby reducing the uncertainty associated with future cash flows. In terms of the discounted dividend equation of firm value, the idea is that the required rate of return demanded by investors (the discount rate) increases with the plough-back ratio. Although the increased earnings retention brings about higher expected future dividend, this additional dividend stream is more than offset by the increase in the discount rate. This argument overlooks the fact that the risk of the firm is determined by its investment decisions and not by how these are financed. The required rate of return is influenced by the risk of the investments and should not change if these are financed from retained earnings rather than from the proceeds of new equity issues. As noted by Easterbrook (1984), in spite of paying dividends the firm does not withdraw from risky investments, thus the risk is merely transferred to new investors. Reasons for Paying Dividends: 1. Clientele Effect: The investors in your company like dividends. 2. The Signaling Story: Dividends can be signals to the market that you believe that you have good cash flow prospects in the future. 3. The Wealth Appropriation Story: Dividends are one way of transferring wealth from lenders to equity investors (this is good for equity investors but bad for lenders) Types of Dividend Policies: 1. Constant-Payout-Ratio: Constant-Payout-Ratio is a dividend policy based on the payment of a certain percentage of earnings to owners in each dividend period. The problem with this policy is that if the firm’s earnings drop or if a loss occur, the dividend may low or nonexistent. 2. Regular Dividend Policy: Regular Dividend Policy is a dividend policy based on the payment of fixed amount of dividend in each period. It provides the owners with positive information, thereby minimizing their uncertainty. 3. Low Regular and Extra Dividend Policy: Low regular and Extra Dividend Policy refers to a dividend policy based on paying low regular dividend, supplemented by additional dividend when earnings are higher than normal in a given period. Nature of Dividend Decision The dividend decision of the firm is crucial for the finance manager because it determines: 1. The amount of profit to be distributed among the shareholders, and 2. The amount of profit to be retained in the firm. There is a reciprocal relationship between cash dividends and retained earnings. While taking the dividend decision the management take into account the effect of the decision on the maximization of shareholders’ wealth. Maximizing the market value of shares is the objective. Dividend pay out or retention is guided by this objective. Factors Affecting Dividend Policy: A. External Factors B. Internal Factors A. External Factors Affecting Dividend Policy 1. General State of Economy: In case of uncertain economic and business conditions, the management may like to retain whole or large part of earnings to build up reserves to absorb future shocks. In the period of depression the management may also retain a large part of its earnings to preserve the firm’s liquidity position. In periods of prosperity the management may not be liberal in dividend payments because of availability of larger profitable investment opportunities. In periods of inflation, the management may retain large portion of earnings to finance replacement of obsolete machines. 2. State of Capital Market: Favorable Market: liberal dividend policy. Unfavorable market: Conservative dividend policy. 3. Legal Restrictions: Companies Act has laid down various restrictions regarding the declaration of dividend: Dividends can only be paid out of: Current or past profits of the company. A company cannot declare dividends unless: It has provided for present as well as all arrears of depreciation. Certain percentage of net profits has been transferred to the reserve of the company. Past-accumulated profits can be used for declaration of dividends only as per the rules framed by the Central Government 4. Contractual Restrictions: Lenders sometimes may put restrictions on the dividend payments to protect their interests (especially when the firm is experiencing liquidity problems) B. Internal Factors affecting dividend decisions 1. Desire of the Shareholders: Though the directors decide the rate of dividend, it is always at the interest of the shareholders. Shareholders expect two types of returns: [i] Capital Gains: i. e. , an increase in the market value of shares. [ii] Dividends: regular return on their investment. Cautious investors look for dividends because, [i] It reduces uncertainty (capital gains are uncertain). [ii] Indication of financial strength of the company. [iii] Need for income: Some invest in shares so as to get regular income to meet their living expenses. . Financial Needs of the Company: If the company has profitable projects and it is costly to raise funds, it may decide to retain the earnings. 3. Nature of earnings: A company, which has stable earnings, can afford to have a higher divided payout ratio 4. Desire to retain the control of management: Additional public issue of share will dilute the control of management. 5. Liquidity position : Payment of dividend results in cash outflow. A company may have adequate earning but it may not have sufficient funds to pay dividends. Apprising Dividend Policy of PRAN: Year |NI |EPS |Dividend Per |Dividend Payout Ratio | | |(in Millions) | |Share | | |2000 |33. 76 |42. 20% |20. 00% |47. 39% | |2001 |41. 99 |52. 49% |20. 00% |38. 10% | |2002 |43. 41 |54. 26% |25. 00% |46. 07% | |2003 |44. 39 |55. 49% |24. 00% |43. 25% | |2004 |40. 31 |50. 39% |24. 00% |47. 3% | |2005 |40. 77 |50. 96% |26. 00% |51. 02% | |2006 |28. 95 |36. 19% |26. 00% |71. 84% | |2007 |29. 33 |36. 66% |26. 00% |70. 92% | |2008 |35. 95 |44. 94% |28. 00% |62. 31% | |2009 |39. 97 |49. 96% |29. 00% |58. 05% | Table: 1 From the table 1 we see that in 2000 and 2001 PRAN have paid a cash dividend of BDT 20 per share in 2000 and 2001; in 2002 the dividend payment was BDT 25 per share. In 2003 to 2004 and 2005 to 2007 they have paid a cash dividend of BDT 24 and BDT 26 per share respectively. In the year 2008 and 2009 the cash dividend per share was BDT 28 and 29 respectively. Here we see that the dividend has increased in last two year, although the Net Income of the company decreased. However the EPS has also increased during the last two years and the same pattern can be seen in the Market Price of the share. [pic] Figure: 1 From figure 1 we can say that the dividend payment of the PRAN is certain and stable, regardless with earnings. As we see that despite of a drop in the earning in the year 2006 and 2007 the company maintained a constant cash dividend payment which is BDT 26 per Share and when the earnings increased in the year 2008 and 2009 the Dividend payment also increased. [pic] Figure: 2 The Dividend payout ratio indicates the percentage of each unit earned that a firm distributes to the owners in form of cash |Dividend Payout Ratio |= |Dividend Per Share | | | |Earnings Per Share | If we look at the figure 2 we see that to maintain a steady dividend payment per share each year they had to make a huge payment out of the Net Income. In 2006 and 2007 the dividend payout ratio was above 70% and in 2008 and 2009 it was above 58%. According to the Regular Dividend Policy the payment of the dividend is a fixed amount in each period. The Regular Dividend Policy also tries to establish to pay out a certain percentage of earnings, however it tries to stabilize the dividend by pay out a certain amount of dividend and it adjusts the dividend towards the target payout as proven earnings increases. In short we can say that PRAN is following the Regular Dividend Policy Constrains of Regular Dividend Policy: If we have a look at the figure 1 we see that the earnings of PRAN fluctuates year to year for this Regular dividend policy may sometimes prove dangerous. Once a company adopts the regular dividend policy, any adverse change in the dividend payment may result in serious damage regarding the financial standing of the company in the mind of the investors. The same problem is been experienced by PRAN despite of a drop in the earnings that they had to maintain the same amount of dividend. Appropriate type of Dividend Policy: A Stock market tends to be very efficient in the allocation of capital to its highest-value users. That market also helps increase savings and investment, which are essential for economic development. An equity market, by allowing diversification across a variety of assets, helps reduce the risk the investors must bear, thus reducing the cost of capital, which in turn spurs investment and economic growth. However, volatility and market efficiency are two important features which will ultimately determine the effectiveness of the stock market in economic development. In contrast to that the stock market of Bangladesh which is informationally inefficient, investors face difficulty in choosing the optimal investment as information on corporate performance is slow or less available. The resulting uncertainty induce investors either to withdraw from the market until this uncertainty is resolved or discourage them to invest funds for long term. Moreover, most of the time it is seen that investors are not rewarded for taking on higher risk by investing in the stock market, or excess volatility weakens investor’s confidence as a result they people avoid investing their savings in the stock market. Due to the imperfect market and the uncertainty of return the investors always aim for short term investment as a result they prefer dividend rather maximizing the firm’s wealth. The regular dividend policy, which ensures a fixed amount of dividend to be paid to the investor regardless to the company’s income during the period, helps to reduce the uncertainly for the investors. For this the Regular Dividend Policy is the appropriate for PRAN. Year |Net Asset Value Per |EPS |Dividend Per Share |Bonus Share |Market Price Per | | |Share | | | |Share | |2000 |258. 39 |42. 20% |20. 00% |- |416. 50 | |2001 |284. 60 |52. 49% |20. 00% |- |370. 00 | |2002 |312. 82 |54. 26% |25. 00% |- |366. 00 | |2003 |343. 9 |55. 49% |24. 00% |- |412. 00 | |2004 |362. 27 |50. 39% |24. 00% |- |523. 50 | |2005 |386. 55 |50. 96% |26. 00% |- |519. 25 | |2006 |396. 11 |36. 19% |26. 00% |- |386. 00 | |2007 |383. 91 |36. 66% |26. 00% |- |382. 63 | |2008 |428. 9 |44. 94% |28. 00% |- |1142. 00 | |2009 | 449. 96 |49. 96% |29. 00% |- |1363. 00 | Net Asset Per Share Vs. Market Value Per Share: Table: 2 From the table 2 we can say that PRAN has never issued any Bonus shares from 2000 to 2009. However they have maintained a steady dividend payment that shows a positive slope. The market price is very fluctuating in 2005 the MV was 519. 25 but in 2006 it went down to 386. 00, in 2007 it was 382. 63 but in 2008 the MV was 1142. 00. [pic] Figure: 2 From the figure 2 we see that till 2007 the Share Market Price and the Net Asset Value Per share is very close however from 2008 the difference between the Market Price and Net Asset value per Share increased despite of a drop in the Net Income. In the year 2008 and 2009 the corporation has paid a cash dividend of BDT 28 and 29 per share respectively and the EPS in 2008 was 44. 94% and in 2009 was 49. 96. From the above mentioned information we can say that there is a high possibility that the reason behind the increase in the market price of the share imperfect market condition in the Capital Market in Bangladesh. The imperfect market situation might be the result of Syndication or by spreading rumor in the market, which caused the Share Price of PRAN to go up. Capital Structure: In finance, capital structure refers to the way a corporation finances its assets through some combination of equity, debt, or hybrid securities. In other words we can say that Capital Structure is the mix of a company’s long-term debt, specific short-term debt, common equity and preferred equity. The capital structure is how a firm finances its overall operations and growth by using different sources of funds. Debt comes in the form of bond issues or long-term notes payable, while equity is classified as common stock, preferred stock or retained earnings. Short-term debt such as working capital requirements is also considered to be part of the capital structure. For example, a firm that sells BDT 20 billion in equity and BDT 80 billion in debt is said to be 20% equity-financed and 80% debt-financed. The firm’s ratio of debt to total financing, 80% in this example is referred to as the firm’s leverage. In reality, capital structure may be highly complex and include dozens of sources. Gearing Ratio is the proportion of the capital employed of the firm which come from outside of the business finance, e. g. by taking a short term loan etc. A company’s proportion of short and long-term debt is considered when analyzing capital structure. When people refer to capital structure they are most likely referring to a firm’s debt-to-equity ratio, which provides insight into how risky a company is. Usually a company more heavily financed by debt poses greater risk, as this firm is relatively highly levered. The Modigliani-Miller theorem, proposed by Franco Modigliani and Merton Miller, forms the basis for modern thinking on capital structure, though it is generally viewed as a purely theoretical result since it assumes away many important factors in the capital structure decision. The theorem states that, in a perfect market, how a firm is financed is irrelevant to its value. This result provides the base with which to examine real world reasons why capital structure is relevant, that is, a company’s value is affected by the capital structure it employs. Some other reasons include bankruptcy costs, agency costs, taxes, and information asymmetry. This analysis can then be extended to look at whether there is in fact an optimal capital structure: the one which maximizes the value of the firm. Capital structure in the real world if capital structure is irrelevant in a perfect market, then imperfections which exist in the real world must be the cause of its relevance. The theories below try to address some of these imperfections, by relaxing assumptions made in the M model. Capital Structure Theory: Trade-off theory of capital structure Trade-off theory allows the bankruptcy cost to exist. It states that there is an advantage to financing with debt (namely, the tax benefit of debts) and that there is a cost of financing with debt (the bankruptcy costs of debt). The marginal benefit of further increases in debt declines as debt increases, while the marginal cost increases, so that a firm that is optimizing its overall value will focus on this trade-off when choosing how much debt and equity to use for financing. Empirically, this theory may explain differences in D/E ratios between industries, but it doesn’t explain differences within the same industry. Pecking order theory Pecking Order theory tries to capture the costs of asymmetric information. It states that companies prioritize their sources of financing (from internal financing to equity) according to the law of least effort, or of least resistance, preferring to raise equity as a financing means â€Å"of last resort†. Hence: internal debt is used first; when that is depleted, then debt is issued; and when it is no longer sensible to issue any more debt, equity is issued. This theory maintains that businesses adhere to a hierarchy of financing sources and prefer internal financing when available, and debt is preferred over equity if external financing is required (equity would mean issuing shares which meant ‘bringing external ownership’ into the company. Thus, the form of debt a firm chooses can act as a signal of its need for external finance. The pecking order theory is popularized by Myers (1984)[1] when he argues that equity is a less preferred means to raise capital because when managers (who are assumed to know better about true condition of the firm than investors) issue new equity, investors believe that managers think that the firm is overvalued and managers are taking advantage of this over-valuation. As a result, investors will place a lower value to the new equity issuance.. Agency Costs: There are three types of agency costs which can help explain the relevance of capital structure. Asset substitution effect: As D/E increases, management has an increased incentive to undertake risky (even negative NPV) projects. This is because if the project is successful, share holders get all the upside, whereas if it is unsuccessful, debt holders get all the downside. If the projects are undertaken, there is a chance of firm value decreasing and a wealth transfer from debt holders to share holders. Underinvestment problem: If debt is risky (e. g. , in a growth company), the gain from the project will accrue to debt holders rather than shareholders. Thus, management has an incentive to reject positive NPV projects, even though they have the potential to increase firm value. Free cash flow: unless free cash flow is given back to investors, management has an incentive to destroy firm value through empire building and perks etc. Increasing leverage imposes financial discipline on management. Other The neutral mutation hypothesis—firms fall into various habits of financing, which do not impact on value. Market timing hypothesis—capital structure is the outcome of the historical cumulative timing of the market by managers. Accelerated investment effect—even in absence of agency costs, levered firms use to invest faster because of the existence of default risk. Primary Factors influencing the Capital Structure: 1. Business Risk: It is the risk associated with the unique circumstances of a particular company, as they might affect the price of that company’s securities. If the business risk is higher than the optimal debt amount will be lower. 2. Tax Position: It is the second key factor. The major reason for using debt is that the interest is tax deductable which helps to lower the effective cost of debt. However, if much of a firm’s income is already sheltered from taxes by accelerated depreciation or tax loss carried forward from previous years, its rate will be low, as a result debt will not be advantageous as it would be to a firm with higher effective tax rate. 3. Financial Flexibility: It indicates a firm’s ability raise capital on reasonable terms under adverse conditions. 4. Managerial Attitude: It is the firm’s attitude to borrowing fund. Some of the firms are more aggressive than others; hence, some firms are more inclined to use debt in an effort to boost profit. This factor does not affect the optimal capital structure or value-maximizing, however it does influence the firm’s target capital structure. Evaluating the Capital Structure of PRAN: The debt-to-equity ratio (D/E) is a financial ratio indicating the relative proportion of shareholders’ equity and debt used to finance a company’s assets. Closely related to leveraging, the ratio is also known as Risk, Gearing or Leverage. Year |Equity |Debt |Debt to Equity Ratio|NI |EPS | | | | | |(in Millions) | | |2005 |330. 04 |165. 94 |33. 46% |40. 77 |50. 96% | |2006 |337. 69 |152. 59 |31. 12% |28. 95 |36. 19% | |2007 |327. 93 |114. 00 |25. 80% |29. 33 |36. 66% | |2008 |342. 71 |92. 9 |21. 25% |35. 95 |44. 94% | |2009 |359. 97 |138. 99 |27. 86% |39. 97 |49. 96% | Table: 3 From the table: 3 we can say that that in 2005 when the D/E ratio was 50. 96% the company experienced the highest EPS. If we compare the D/E ratio and the EPS of 2008 and 2009 we see that in 2009 the debt ratio has increased by 6. 61% which had a positive effect on the EPS as a result the EPS increased by 5. 02%. It shows that when the D/E ration increases the EPS also increases. If we look at the graphical presentation it will be easier for us to understand which is given below. [pic] Figure: 4 If we take the average of the D/E ratio from 2005 to 2009 we see that on average PRAN is maintaining a D/E ratio of 27. 90%. In short we can say that 27. 90% of the total equity is financed by Debt. It means that the PRAN is moderately aggressive towards the debt financing. As a result they have a lower Financial Risk and higher Business risk. Conclusion: PRAN is one of the reputed companies in the Dhaka Stock Exchange and they fall under the Category â€Å"A†. From year 2000 to 2009 PRAN has always have paid cash dividend however they have never paid stock dividend. PRAN is maintaining a reserve capacity Dividends can be used to budge assets out of the company and consequently from the potential allege of creditors which can be injurious to creditor wealth, and creditors will beyond a shadow of a doubt take pricing or contractual actions to offset these latent uses of dividends. The contemplations of signaling, agency and the effects of market imperfections upon optimal dividends are imperative dimensions about which financial managers must be sentient. Recommendations: Cash and stock dividend, both should be paid without fail. Our stock market is not an efficient market. The available information most of the times do not lead to the desired reality. Many investors believe on the rumors and invest in the share market. Security Exchange Commission should take proper steps to minimize this condition. Disclosure of the overall market price in the annual report is desirable. The company can ideas from its investors to improve the situation and thereby engaging them in the part of the decision making process. Issuing of bonus shares can be a good option to attract the potential investors. How to cite Term Paper of Dbbl, Essays

Saturday, December 7, 2019

Understand Cultural Similarities Countriesâ€Myassignmenthelp.Com

Question: Discuss About The Understand Cultural Similarities Countries? Answer: Introduction There are one ninety five countries in the world. The culture and sub-culture of one country varies widely from that of another country. The customs, social behaviors, norms of inhabitant of one country is very different from that of another country. The cultural norms of inhabitants of one country are hugely influenced from the traditions and values of their ancestors. In some countries only one language is spoken for example, French is spoken in France and people in this country are mostly French. Most European countries practice their native language. However in countries like the United States of America, different dialects are spoken like Chinese as the inhabitants of the country come from different nations like China and India. Some countries follow an individualistic culture like the United States of America while other countries like China and Japan practice a collectivistic culture where more emphasis is laid on the concept of family (Chanlat 2013). The way of doing business is also different in different countries. For example, in the United States, a rational approach to business is followed while in Japan business is based on trust and Japanese first try to know the people well and develop good relationship with them before doing business with them. The difference in culture can be attributed to the different macro environmental conditions in each country, for instance, the political, social, economical, technological and legal environment in each country is different. The countries that will be compared here are France and Australia (Chhokar et al 2013). Discussion The culture of France The culture of France has been influenced by Celtic and Gallo-Roman cultures and the Franks, a German tribe also influenced the culture of the country. The country is the international hub for fashion, architecture, art and literature and the popular French cuisine and wine. France came under the western region of Germany and it was known as Rhineland. Later during the Iron Age and Roman era the country was known as Gaul (Gaffney and Kolinsky 2014). Languages The country is the home for seventy million people and French is the language that is spoken officially in the country. There is evidence that three percentage of the French population speaks German and in the northeast region of the country there are some Flemish speakers. The third largest minority language that is spoken in the country is Arabic. The country shares its borders with Italy and people living in the border region of Italy often speak Italian. France also shares border with Spain and Basque is the language spoken in this border region. Other languages that are spoken in France are Catalan, Breton (the Celtic language), Occitan, Kabyle and Antillean Creole (Halls 2014). Religion The religion that is practiced in France is Catholicism. The French Institute of Public Opinion, that is, IFOP conducted a survey and according to the survey sixty four percentage of people in the country, that is, around forty one million of people claimed that they were Roman Catholic. Islam, Buddhism and Judaism are the other religions that are practiced in the country (Tackett 2014). Values The French people are extremely proud about their historical background, art and literature and their rich heritage and culture. They are highly patriotic and often they refuse to hear any negative comments from outsiders about their culture. The visitors from other countries often misconstrue this strong patriotism of French people as rude and obnoxious. The French people are highly sophisticated and equality, liberty and fraternity are of prime importance in the country which is often known as "Libert, Egalit, Fraternit in the country. The country follows a secular culture and children born to unmarried couples are common in the country. Also the country follows an open attitude towards sexual behaviors and extramarital affairs as revealed by Frances National Agency on AIDS (Scriven 2016). French Cuisine The French people often socialize while organizing lavish dinners and food and wine are an integral part of the society. The French cuisines often have complicated recipes and are associated with usage of butter, cheese and heavy sauces. Red wine is often used in French cuisines and beef, pork, rabbit and many other meats are consumed in the country. Clothing France and Paris is the international center of fashion and is the home of world renowned fashion brands of premium and luxury segments like Dior, Hermes, Louis Vuitton and Chanel. The French people dress up in a sophisticated meticulous way and popular clothing in France are dresses, suits and long coats. The term haute couture is a term used in France by Paris Chamber of Commerce to describe tailor made garments that are handmade (Okonkwo 2016). Art The Louvre museum in Paris is the home to famous works like Mona Lisa and is a famous museum. The French culture is rich andGothic, Romanesque Rococo and Neoclassic culture is reflected in the architecture of France in buildings and churches. The famous artists like Claude Monet, Edgar Degas, and Camille Pissarro were motivated by French culture and the beauty of Paris. Holidays, Festivals and Celebrations The French celebrate holidays during Christmas and Easter. May 1 is celebrated in the country as labour day. Bastille Day is a renowned public holiday in France. On this day revolutionaries stormed the Bastille fortresses to make the commencement of French revolution. The end of cruelty in Europe during World War II is celebrated as Europe Day on May 8. Comparison and contrasting of French and Australian Culture France has the Batille prison and criminals from England were sent to Australia. So both the countries have a criminal background. Wine Both Australia and France are famous for wines but the culture of winemaking is very different in both the countries. In Australia, people are encouraged to learn the science of winemaking and they have to go to universities to learn the science while in France wine is prepared in the same way in all the regions of the country. Inhabitants The inhabitants of France are recognized as French while most of the inhabitants of Australia are born of foreign nations. French people are original in their culture and are not influenced by any other country but the customs of Australia and law and order of the country are influenced by the British as the ancestors of the country were mostly British prisoners. The Australian population also has a huge percentage of Aboriginal people who are not properly educated and intimidated by the Western culture. Visual Art France is a country that gave birth to modern art during the twentieth century art revolution. The country is the homeland of world renowned artists like Paul Gauguin. Modernism has not reached Australia to a great extent with the exception of Dot Painting. Religion and Language The French are mostly Roman Catholic while the Australians practice Christianity and due to large number of immigrants, different religions like Hinduism and Islam are spoken in the country. It can be seen that French is the official language of France while in Australia there are different languages that are spoken including European languages (Lescarbot 2013) Tourism Tourism is France is a billion dollar industry. The famous attractions in Paris are the Disneyland, Eiffel Tower and the Louvre Museum. The Mediterranean beaches and the mountain ranges of the Alps attract a huge set of tourists in the country. Paris, Nice and Chamonix are famous cities in the country. The country attracts millions of tourists every year, however there has been several attacks by the Islamic State terrorist group in the country due to which the revenue earned from tourism has suffered in recent years. The Australian tourism is also a billion dollar industry. Sydney, Perth, Canberra, Melbourne and Brisbane are famous cities in Australia and these cities are known for their pristine coastal landscapes, beautiful beaches and serene wildlife. The famous Queensland, The Great Barrier Reef and the Gold coast attracts millions of tourism from different parts of the world in the country every year. Domestic tourists also contribute widely to the tourism industry and this industry is a huge contributor to the Gross Domestic products of the country. Sports The most popular sports in France are Rugby, cycling, basketball and football and tennis. Sports are highly encouraged in Australia. The most popular sports of the country are Cricket, Football, horse racing and rugby. The Melbourne Cup and the Ashes are the sports events that are conducted in the country. Unlike the huge promotional effort which is taken by the sports league in the European countries, the sports league in Australia do not incest much time and money in promotional events. Education Most of the Universities for higher education in France are often public universities and are funded by the government. Popular university in the country is cole Normale Suprieure (ENS). Australia is the home of famous universities like Australian National University, Queensland University, University of Sydney and University of Melbourne which attract many foreign students in the country (Wiewiora 2013). Culture Both Australia and France are the developed countries of the world and people living in both the countries have people with huge high disposable income .Quality of life and purchasing power of people are high in both the countries and people invest in fashion. France is the home of worlds renowned fashion brands like Dior and Channel while in Australia beach and nightlife influence the fashion sense of the inhabitants. Both the countries are technologically advanced with modern infrastructure like high speed trains. The countries generally follow a liberal and unorthodox culture. Open culture like homosexual relationships and extramarital affairs are common in both the countries. Divorces and domestic violence are social issues that are required to be addressed in both the countries and this is the reason Government in the countries have taken several steps in empowerment of women and stricter laws are practiced to protect the rights of women in both the countries(Kingsley et al 2013 ). The culture of Australia The Australian population comprises of the Caucasian 92%, Asian 7%, aboriginal and other 1%. The Aboriginal community in Australia stays in rural areas and they do not have access to proper health, education and employment. This community is often intimidated by the Western people staying in Australia (Thomas and Peterson 2017). Language The language that is officially spoken in the country is English. Other than English two fifty Aborginial languages were also spoken in Australia in 1788 out of which twenty of these languages are spoken today. Immigrants of Europe, Middle East and Asia speak their native language which influences organizational culture (Sultana et al 2013). Socio-cultural Values Australians are known for their modest, humble nature and good sense of humour. The country has a small population. People in the country value relationships and behave amiably with each other which creates a win-win situation in negotiating and business deals. Australia has a multi-cultural background with huge immigrants from all over the world including Britain, Europe and South-East Asia who were attracted by the liberal immigration laws of the country to boost the labor force (Tjosvold 2017). The Australian culture encourages exchange of gifts among family and friends like a bunch of flowers or a box of chocolates. The people of the country invite each other over dinners where they carry their own bottle of wine. Barbeque party is very popular in the country. The country follows democracy with British system of governance. There are many non-governmental institutions in the country working for social awareness. The Australian culture is influenced by the culture of Britain. Women in Australia have been traditionally involved in professions like teaching and nursing (French 2015). Hetero-sexual marriage is often practiced in the country. Education is given high importance in the country and primary and secondary education has been made compulsory by the government among children of age in between six to fourteen years (Fiske, Hodge and Turner 2016). There are many government schools in the country but parents prefer to send their children to non-governmental schools for the quality of education. The government of the country funds most universities and colleges and higher education in the country is highly encouraged by the government which provides several employment opportunities (Ang and Van Dyne 2015). Business etiquettes Australians get directly into business without building a strong inter-personal relationships and small talks are not encouraged. They prefer to exchange business cards and decision is taken by top hierarchy of the society (Bird and Mendenhall 2016). Religion There is prevalence of religion freedom in the country and most of the people of the country practice Christianity as their religion. Since there are a lot of immigrants in the country inhabitants from different religion co-exist peacefully like the Buddhists, Muslims, Jews and Hindus. The Aboriginal community considers places of worship holy in nature and there are several Aboriginal holy sites in the country. Art and culture The country encourages literary works and there has been ample of famous publications which depict the multi-cultural background in Australia (Walton et al 2014). It has been found out that huge section of the Australian society spends their money on books and there are many famous Australian authors of international repute. Theatre and performing arts are encouraged in Australia (Carter 2013). Conclusion The world is a global village today. It is of paramount importance for us to imbibe within us the ability to work and live in a multi-cultural background. Universities of a country often collaborate with foreign universities to allow students to participate in student exchange program so that they experience the cross-cultural aspects of education. In this essay, France and Australia are the two countries which are compared and contrasted (Bermingham and Brewer 2013).It can be found out that multi-cultural factors are higher in Australia than in France due to huge number of immigrants in the country. The language that is spoken in France is French while English and other European languages are spoken in Australia due to the large presence of immigrants from all over the world. The French are mostly Roman Catholic while people living in Australia practice multiple religions like Jews, Buddhism and Hinduism. It is of prime importance for each country to respect the culture of another c ountry to survive in todays competitive world. That is why cross-cultural phenomenon should be imbibed in the education system of a country from early childhood. This can be done by adopting modern teaching practices in the society like educational curriculum which depicts the multi-cultural stories and images. Cross- cultural values should be instilled in childhood because in most companies there are people from different cultural background who work together in a team and so it is important to develop tolerance for the caste, creed, race, religion of other co-workers. Reference Lists Ang, S. and Van Dyne, L., 2015.Handbook of cultural intelligence. Routledge. Bermingham, A. and Brewer, J., 2013.Consumption Of Culture. Routledge. Bird, A. and Mendenhall, M.E., 2016. From cross-cultural management to global leadership: Evolution and adaptation.Journal of World Business,51(1), pp.115-1 Carter, D., 2013.Always almost modern: Australian print cultures and modernity. Australian Scholarly Publishing. Chanlat, J.F., 2013.Cross-cultural management: culture and management across the world. Routledge. Chhokar, J.S., Brodbeck, F.C. and House, R.J. eds., 2013.Culture and leadership across the world: The GLOBE book of in-depth studies of 25 societies. Routledge. Fiske, J., Hodge, B. and Turner, G., 2016.Myths of Oz: reading Australian popular culture. Routledge. French, R., 2015.Cross-cultural management in work organisations. Kogan Page Publishers. Gaffney, J. and Kolinsky, E. eds., 2014.Political Culture in France and Germany (RLE: German Politics): A Contemporary Perspective. Routledge. Halls, W.D., 2014.Education, Culture and Politics in Modern France: Society, School, and Progress Series. Elsevier. Kingsley, J., Townsend, M., Henderson-Wilson, C. and Bolam, B., 2013. Developing an exploratory framework linking Australian Aboriginal peoples connection to country and concepts of wellbeing.International journal of environmental research and public health,10(2), pp.678-698. Lescarbot, M., 2013.The History of New France (volume III). Champlain Society. Okonkwo, U., 2016.Luxury fashion branding: trends, tactics, techniques. Springer. Scriven, M., 2016.Jean-Paul Sartre: politics and culture in postwar France. Springer. Sultana, M., Rashid, M., Mohiuddin, M. and Mazumder, M.N.H., 2013. Cross-cultural management and organizational performance: A content analysis perspective. Tackett, T., 2014.Religion, revolution, and regional culture in eighteenth-century France: the ecclesiastical oath of 1791. Princeton University Press. Thomas, D.C. and Peterson, M.F., 2017.Cross-cultural management: Essential concepts. Sage Publications. Tjosvold, D., 2017.Cross-cultural management: foundations and future. Routledge. Walton, J., Priest, N., Kowal, E., White, F., Brickwood, K., Fox, B. and Paradies, Y., 2014. Talking culture? Egalitarianism, color-blindness and racism in Australian elementary schools.Teaching and Teacher Education,39, pp.112-122. Wiewiora, A., Trigunarsyah, B., Murphy, G. and Coffey, V., 2013. Organizational culture and willingness to share knowledge: A competing values perspective in Australian context.International Journal of Project Management,31(8), pp.1163-1174.

Friday, November 29, 2019

A Critique on Hobo by Robert Bloch Essay Example

A Critique on Hobo by Robert Bloch Essay Example A Critique on Hobo by Robert Bloch Paper A Critique on Hobo by Robert Bloch Paper The story opens with a man called Hannigan on the lam again, leaving a town he calls Knifeville for reasons which are later revealed. From the offset we realize that this man is a Hobo, as suggested in the title, traveling from town to town to find refuge and avoid the so-called Knifevilles. As soon as he hops into an empty, the smell and the lighting reflect the mood and ambience of the boxcar. The word musty resonates in ones mind as being a smell closely related to death, although not relating to smell but to darkness, also touching on the idea of death. He feels the perspiration trickle down his body, as if already frightened. Thats what Sneaky Pete did to a man. At this point we think that Sneaky Pete is a person and is what is making Hannigan perspire; we become wary of the boxcar and Hannigans surroundings. As the train picks up speed and moves on we see the lights as a solid neon chain. Again Sneaky Pete is mentioned but by now we realize that it is most probably alcohol as he mentions it several more times in the story and every time it is more and more closely related to alcohol rather than a person. Hannigan shrugs, trying to convince himself that he drank to celebrate his leaving town. The shrug unexpectedly becomes a twitch and the twitch became a shiver. He then admits to himself, he drunk because he was scared, he had to get out of Knifeville. He turns his gaze away from the light outside and focuses his vision in the dimness of the empty boxcar. The difference between the light and the dark in this story is very significant; the light represents the known and the darkness the unknown. The word empty becomes ironic as shown in the next few lines. The lines become short and quick reflecting the mood, beating like Hannigans heart: Then he froze. The boxcar wasnt empty. He sees another man against the opposite side of the boxcar. Here Robert Bloch uses the definite article the, rather than the indefinite a. This makes the reader wonder why it is the man rather than a man as Hannigan is not even acquainted with him yet. As the story continues, Hannigan keeps asking the man questions and he keeps seeing nods as flashes of light pass by. This is quite a coincidence that each time Hannigan asks him a question a flash of light shows his nod. Hannigan is only aware of the mans whereabouts by his hoarse breathing. Toward the end Hannigan quite rightly asks you a dummy or something? and leans closer forward to see the man. The man topples forward and Hannigan is shocked to see him dead and says to himself that he heard the breathing, and hen he hears the breathing from behind until he feels it on his neck.

Monday, November 25, 2019

Blood transfusion essays

Blood transfusion essays A blood transfusion is the removing of blood or blood blood-based products from the blood stream an inserting it into another circulatory system to replenish lost or damaged blood. blood transfusions can be extremely dangerous when not held in the correct environment with trained professionals. Blood transfusions can treat medical conditions such as massive blood loss or damaged blood cells. Every year more than 4 million Americans receive blood transfusion. Usually only a part of the blood is used but Im some cases all may be used though this is quiet rare. Blood transfusions are used to treat patients that have: Anemia (where the blood cant carry sufficient amount of oxygen around the body) When the host has insufficient plantlets in the body and are unable to stop the flowing of blood. When the immune system is not strong enough to fight some diseases. Many people who receive blood fear the danger of spreading of diseases into there system this should be extremely rare when held in the proper environment and tested though mistakes made be done or diseases may pass the test without being detected. Before the transfusion can be undertaken the donor and the receiver must be typed. The blood received must be compatible with the blood in the receivers body because the body may reject the blood cells. The blood is stored in specially made plastic bags and must be stored in a temperature of about 4c. Blood banks can be found all around the world for you to donate your to and save many lifes. ...

Thursday, November 21, 2019

Guyana Essay Example | Topics and Well Written Essays - 1250 words

Guyana - Essay Example The more numerous coastal peoples are chiefly descendants of slaves from Africa and indentured workers from India, who were originally imported to work the coastal sugarcane plantations. Racial problems between the latter two groups have played a disruptive role in Guyanese society. Politically, Guyana has moved on a steady course toward socialism from the time of independence, although after the death of the first prime minister, Forbes Burnham, in 1985, ties with Western powers were strengthened (Encyclopdia Britannica, 2006) Moreover, Guyana is a democratic republic within the British Commonwealth. The nation is divided into 10 regions. The president, currently Bharrat Jagdeo, who serves as chief of state. The prime minister (Samuel Hinds) is appointed by the president and is head of government. All but 3 of the 68-seat National Assembly members are directly elected. The population of Guyana is estimated to be about 767,245.1 Emigration has kept the annual population growth rate well below 1 percent. About 37 percent of the population lives in urban areas, the largest of which are Georgetown, Linden, and New Amsterdam. The villages and fertile acres of the coastal lowlands are home to another 58 percent. The remaining 5 percent, mostly indigenous people, is scattered throughout the interior. As the country prides its ethnically diverse heritage, Guyana's largest group is made up of descendants of the East Indian immigrants and comprises nearly 50 percent of the country's population. Next are the Afro-Guyanese (36 percent) and American Indian indigenous peoples (7 percent).2 The remainder includes people of mixed race as well as small groups of ethnic Chinese, English, and Portuguese. Guyana is the third-smallest country in South America after Suriname and Uruguay, and substantial portions of its western and eastern territories are claimed by Venezuela and Suriname respectively. Warrau and Arawak Catholics fled to British Guiana from Venezuela in the 19th century to escape religious persecution. Their settlements, such as Santa Rosa, are protected reservations. Today's indigenous peoples are seeking title to the lands they occupy, as they feel increasingly threatened by local and international companies looking for mineral and timber wealth. At the same time, many indigenous people are taking jobs with these companies in hopes of overcoming poverty on the reservations (Daly 1975, p. 6). Little is known about the Guyana's early inhabitants, but historians speculate they gradually migrated from central South America as early as A.D. 1000. These people were divided into at least nine tribes, including the Warrau, Wapisiana, Machushi, Patamona, Arawak, and Carib. Before the arrival of Europeans, Carib and Arawak tribes called their region as "Guiana", which means "land of waters" (CultureGrams, 2006). The Dutch established the first European trading post in Guyana in 1580 and were soon joined by the English, French, and Spanish. In 1621, the Netherlands established the Dutch West India Company and gave it control of their colony, known as Essequibo. Dutch colonies were later established on the Berbice River (1627) and Demerara

Wednesday, November 20, 2019

Uneven distribution of education through the conflict perspective Essay

Uneven distribution of education through the conflict perspective - Essay Example Education has been a crucial issue in several countries nowadays, especially for those with low literacy level. Its importance is seen in its outcomes, such as productivity, literacy, and poverty alleviation. A literate citizenship is a good source of engineers, economists, technologists, scientists, biologists, doctors, teachers, and so on, enough to produce infrastructures and improve the status of science and technology, medicine, and education itself. A low productivity due to lack of all mentioned places a country in a doom of poverty and economic insecurity. Development specialists recognize these outcomes, and provide information on how education may be better in poor countries in order to be richer. There is thus, a strong connection and a dialectical link between education and the economic security of a nation. This connection is seen in the United States, Germany, United Kingdom, and France, which all keep a high record of literacy rate of 99 percent as compared to others t hat keep low literacy rates, such as Arab states (70.3 percent) Several nations are still keeping a low record of literacy level, particularly third world nations, despite the significant importance of education. Female literacy is also found to be lower than their male counterpart in these areas, indicating the pervasion of gender inequality in education and the traditional roles designated to women.... In Ethiopia, a low 24 percent is indicated for their rural areas, while 83 percent for the urban places. It is clear that education has a strong link to economic capacity of the people and nation. Poor children who are able to study experience a large discrepancy of educational opportunities than those from middle class and upper class families. The Comparison of inequality in education may be seen in the following: areas: Teacher allocation, budget allocation, availability of books, and educational facilities and infrastructures. These areas are reflective of social stratification that exists in education. Despite the already high literacy rates, the first world nations like the United States also exhibit a discrepancy in education between poor and rich neighborhoods and schools. Teacher Allocation There is a low quality of teachers in low-income schools in the United States, and at times when there is a short supply of teachers in almost all parts of the country, those who are provided with teachers with the least training and experience are the poorest schools (Hill, 2008). The richest ones get the reverse of this condition. Far less- qualified teachers are consistently provided to students in low-income and minority schools, while children in the wealthier neighborhoods are allocated with the reverse. It reflects the fundamental flaw in the allocation of teachers and funds to schools, whose allotment depends on whether they are poor or rich. Contributory to this scenario is the fact that senior teachers possess total freedom of choice in where to work and most of them choose the most attractive schools and neighborhoods with few difficulties, and demands on teachers are less severe (Hill, 2008). It leaves the new and

Monday, November 18, 2019

Wal-Mart vs Target Assignment Example | Topics and Well Written Essays - 4000 words

Wal-Mart vs Target - Assignment Example Wal-Mart strives to operate under the premise of advocating for low prices while Target simply operates under the premise of focusing on style and fashion (Steverman 12). There are many brands that one can choose to shop in America, but based on their efficiency and affordability of their products, Wal-Mart and Target are the preferred brands. Most of the college students can associate with such brands because they can only afford to shop at stores that are pocket-friendly thus the reason as to why we proposed this project. However, despite the fact that both Wal-Mart and Target are known for their efficiency and affordability, customers can only be loyal to one of them. Wal-Mart and Target have over the decades grown to establish their brands in the market and as a result, both have used different techniques and strategies to propel their growth (Bickle 21). The birth of discount retailing is traced back to the year 1962, which was the first year for operation of Wal-Mart and Target. It is during this period that Sam Walton’s small chain variety of stores was engulfed in competition from other discount chains. As a result, Sam traveled all over the country to study more about the new form of retail concept and based on his vision that most of the American consumers were shifting to a new form of general store he decided to put up the first ever Wal-Mart store. Together with his wife Helen, they both put in approximately 95% into the first Wal-Mart store, which was located at Rogers, Arkansas. Wal-Mart goals ever since its inception has been to provide great value as well as great customer service (Barstow 32). Walton’s vision was focused on establishing the brand at all cost with an aim of improving the lives of the people. During the same year, George Dayton launched the first ever discount Target chain store in Roseville, Minnesota. The two brands henceforth set to become the largest retail chain stores in America attracting larger customer base and  giving their competitors a challenging ground.

Saturday, November 16, 2019

Phylogenetic Analyses of S. Kinabaluensis

Phylogenetic Analyses of S. Kinabaluensis Based on the results obtain from both phylogenetic analyses, the putative parents of S. kinabaluensis are related to two different lineages. In one case, clones #1, #7, #8, #9, and #10 appear to be related to a lineage that includes S. crenata and S. nitidus (Clade 1). In the other case, clones #4 and #6 are closely related to S. alabensis (Clade2) (Figure 12, Figure 13). From both the MP and ML, it shows that S. kinabaluensis is most closely related to S. alabensis where they are aligned together in both tree. Even though the consensus tree has an inclusive low level of resolution and bootstrap support (listed above branches) (Figure 12, Figure 13), the results are in agreement with previous analyses based on ETS and ITS sequence distinction (Shafreena, 2012) suggested that the S. alabensis as one of the potential parents since the polymorphic sites observed are additive between S. alabensis and the potential parents (Shafreena, 2012). However, there is not enough support for this relationship. More data are needed to positively confirm the result. From the phylogenetic analyses, both trees of MP and ML yielded similar results (56% MP, 60% ML). The results of lineage that related to the S. crenata and S. nitidus (Clade 1) are considered as not supported and unresolved due to the low bootstrap value. Therefore, the morphological differences between these two species with S. kinabaluensis were not further evaluated in this study. As for the other lineage, it shows that S. alabensis could be one of the potential parents of S. kinabaluensis although with low bootstrap support value (Clade 2). Therefore, the vegetative and reproductive parts of these two species were observed closely and compared to find out if there is any similarity to support the result of the phylogenetic analysis. As already noted, the distinguishing feature of S. kinabaluensis is that this plant is covered with white stellate hairs on the vegetative and reproductive parts. Based on morphological observation, vegetative parts of S. alabensis are glabrous. However, the reproductive parts especially the inflorescence, branches, peduncles and pedicels do have sparse hairs. Further morphological analysis based on the reproductive parts of both species could not be further observed due to the flowering and fruiting stage while conducting this study. The specimens examined for S. kinabaluensis only had fruits, and as for S. alabensis, the specimens examined were just past flowering and there is no fruit seen. However, the leaf margin which is toothed (only towards the apex) is shared between these two species. Based on the morphological observation and study by Shafreena (2012), the corymb-like inflorescence is also shared by these two species. Therefore, these morphological similarities somehow do support the phylogenetic analyses. A study by Mallet (2007) has mention that in a hybrid speciation, it means that hybridization has had a principal role in the origin of a new species. The derived species initially have exactly one genome from each parent, a 50% contribution from each, although, in older polyploids, recombination and gene conversion may ultimately lead to unequal contributions (Mallet, 2007). However, Arnold (1997) confines the opposite view as, in his opinion, hybrids are often more fit due, not only to the intermix of genotypes from the parents, but also due to the fact that hybridization often creates novel genotypes that may be more fit under certain environmental conditions, particularly disturbed or novel environmental conditions. In this study, the potential parents of S. kinabaluensis still in a question. Therefore, the features and characteristics of S. kinabaluensis could not be fully determined and examined thoroughly. The features and characteristics of S. kinabaluensis might be inherited by the other parents or maybe it is because of the evolution undergoes by the plant itself for its own adaptation to the surrounding. Other than that, the type and phase of elevation of S. kinabaluensis and S. alabensis are more or less to each other which are 1986-2254 m and 1500-1800 m above sea level, respectively. There is not much difference in distance of elevation between this two species and therefore, increase the probability of S. alabensis as one of the putative parents of S. kinabaluensis. However, it seems that the phase of elevation of S. kinabaluensis is higher compared to S. alabensis. Based on this elevation data, it can be correlates with the facts of hybrid speciation. A study by Chase et al. (2010) has stated that once a hybrid species is developed, they faced ecological challenges. When they do become established, there are several potential reasons why they succeed: a) they exhibit transgressive traits (novel mixtures of those exhibited by their parents) that assist their existence in habitats in which neither of their parents can grow, conferring the isolation needed to avoid their reabsorption into the gene pool of one of their parents; or b) their intermediacy in some morphological traits or ecological preferences allows them to utilize a novel niche, again delivering a degree of genetic isolation from both of their parents (Chase et al., 2010). Often such hybrids can only exploit the ecological transition zone between those of their parents, which places them near one or both parents and which may be so inadequate in area that they cannot form viable populations and this intermediates are unlikely to form viable species in their own right (Chase et al., 2010). In this case, the S. kinabaluensis populations grows on a higher elevation compared to S. alabensis, showing that this hybrid species forming a populations near to their parents but with slightly different ecological changes based on the lower temperature at higher elevation. Several lines of molecular evidence support that S. kinabaluensis is of hybrid origin. First, 14 and 16 polymorphic sites for each of two accessions were discovered in the ETS and ITS region (Shafreena, 2012). Based on observation of polymorphic sites of Schefflera species showed that there are 14 species that have between 1-3 polymorphic sites except for S. avenis that has 5 polymorphic sites (Shafreena, 2012). Thus, the presence of 14-16 polymorphic sites of S. kinabaluensis showed an unusual condition (Shafreena, 2012). Second, phylogenetic analyses showed that within-individual cloned ITS repeats were not monophyletic; instead they arose from two distinct lineages (Small Wendel, 2000). From this study, S. kinabaluensis cloned ITS sequences are related to two different lineages. The clones #1, #7, #8, #9 and #10 appear to be related to a lineage that includes S. crenata and S. nitidus. Other clones #4 and #6 are closely related to S. alabensis. Third, although shared nuclear ancestry could simply point out sister relationships with S. alabensis, S. kinabaluensis also allocates nuclear ancestry with a different lineage of species including S. crenata and S. nitidus. To conclude, this molecular phylogenetic information verifies the hypothesis of a hybrid origin for S. kinabaluensis. Quite a lot of additional studies of natural hybridization are needed before the nature of the claimed hybrid origin can be comprehended (Barkman Simpson, 2002). First, it would be of relevance to know if S. kinabaluensis is an allopolyploid or diploid hybrid. Second, artificial crosses should be executed to resolve if there are any obstructions to hybridization between the potential parental species (Barkman Simpson, 2002). For future studies, the limitations in this study should be overcome such as the limitations on the amount of clones produce form the species in order to get a more precise analysis. In addition, a complete morphological description which includes the vegetative and reproductive parts of both the target hybrid species and the putative parents should be done to support the phylogenetic analysis.

Wednesday, November 13, 2019

The Problem Of Evil Essay -- essays research papers

The Problem of Evil Evil exists, a plain and simple fact. The argument for the problem of evil (and suffering) proves that fact. The argument for the problem of evil states that there is a all-good, all-powerful God. It states that God being all-good means that he only wants good to exist. But, look at all the bad and evil in the world. A total contradiction of a all-good God. God being all- powerful means that he can make whatever he wants. So, if God can make whatever he wants then why did he not make all people and things good? This all boils down too the fact that evil does exist and with evil existing there could not be an all-good, all powerful God.   Ã‚  Ã‚  Ã‚  Ã‚  I feel that the argument for the problem of evil is a good argument. The first solution to the problem of evil states that good cannot exist without evil. Not a bad argument, but faulty. With evil existing you have something to compare it to, which is good. But, If God was really all-good the word evil would not exist because everything would just be good. If God is so good and so powerful than why does he let so much evil exist? I could understand a little bit of bad people and things to make the good stand out, but there is so much. All the time in the news you hear about someone being murdered, children being molested, a natural disaster striking a area and many people suffering and dying, etc... This also shows that God cannot be all-powerful if lets all this evil exist in the universe th...

Monday, November 11, 2019

The Cardiovascular System

Intrinsic Conduction System1. The intrinsic conduction system consists of __autorhythmic cardiac______ cells that initiate and distribute __impulses___ throughout the heart. 2. The intrinsic conduction system coordinates heart activity by determining the direction and speed of _heart depolarization___. This leads to a coordinated heart contraction. 3. List the functions for the following parts of the intrinsic conduction system: a. SA Node __initiates the depolarizing impulse and sets the pace for the entire beat___ b. Internodal Pathway __link between the SA node and the AV node__ c. AV Node __delay occurs allowing atria to contract___ d. AV Bundle (Bundle of His) _link between atria and ventricles__ e. Bundle Branches __convey impulses down the interventricular septum___ f. Purkinje Fibers ___convey the depolarization throughout the ventricular walls_____4. The action potentials spread from the autorhythmic cells of the intrinsic conduction system (electrical event) to the _contractile__ cells. The resulting mechanical events cause a heartbeat.5. A tracing of the electrical activity of the heart is called a/an __electrocardiogram__.6. What do the following wave forms reflect? . P wave ___atrial depolarization___ b. QRS complex ___ventricular depolarization____ c. T wave __ventricular repolarization___7. In a normal ECG wave t racing, atrial repolarization is hidden by __QRS Complez__.8. Note: Electrical events lead to mechanical events. For example, the P wave represents __atrial_ depolarization, which leads to atrial _contraction___.9. A left bundle branch block would have a wider than normal wave for the __QRS complex_. (Quiz section) 10. An abnormally fast heart rate (over 100 beats per minute) is called: __tachycardia___. (Quiz section)

Saturday, November 9, 2019

Intro to Afro-American Studies 005-02 Essays - Free Essays

Intro to Afro-American Studies 005-02 Essays - Free Essays Intro to Afro-American Studies 005-02 How do we undertake the study of the African experience/experiences? "In war, all strategies and tactics resolve around the shield and the spear. The defensive shield protects and consolidates one's own base. The spear attacks, the goal being the capture or destruction of the opponent's base, forcing him to retreat and surrender. Applying the metaphor of war to systems of domination, we see that colonialism attacks and completely distorts a people's relationship to their natural, bodily, economic, political, and cultural base. And with this base destroyed, the wholeness of the African subject, the subject in active engagement with his environment, is fragmented." Abstract: As a people, whether you identify yourself as black, African-American, Negro, Caribbean, or African, we have physically, mentally, spiritually, and intellectually been removed from our home: Africa. Once we realize that we all come from the same place with similar cultural aspects, including all cultural meanings and makings, we can begin to undertake the study of the African experience. We must expand our views further back from slavery and start at the inception of human civilization; since, the oldest human bones are found in Africa; it only makes sense. Once we realize this, we can actively engage with one another, read together, and propose a multitude of questions together with different answers. We undertake the study of the African experiences through the original human experience and through the African diaspora by reading African works, studying African culture and understanding how we are all connected. Critical Review of Scholarship: Throughout the first chapters of Something Torn and New An African Renaissance, Thiong'o critically describes the first stages our ancestors went through when they were removed from Africa. The dismemberment of Africa happened in two stages: the continent and its diaspora. (Gregory Carr) "Of course, colonialists did not literally cut off the heads of the colonized or physically bury them alive. Rather, they dismembered the colonized from memory, turning their heads upside down and burying all the memories they carried." Africans were forced to forget who they were, which includes their names, languages, and where they came from, and Europeans throughout history shoved their "culture" into our ancestors, first through naming and then ownership. There was a division of Africa: land, body and mind, including "linguicide in the case of the diaspora and linguistic famine, or linguifam, on the continent." Ebonics (Gregory Carr) allowed our ancestors to reconnect with each other from the bo at to the Americas and the Caribbean. Chapter 2: Remembering Visions continues on to describe how our ancestors remembered our history and focuses on a conceptual category, movement and memory. "The psychological connections (link between the economic and political quest of African-Americans and those of Africans) are not as easy to explain in empirical terms, but they can be felt in the souls of black folk." Many African-Americans went through natal alienation, which is why so many of us are in the condition we are in today. The default which Ngg states is that blacks have nothing to revert back to. (Gregory Carr) Discussion Ngg's text effectively and efficiently explains how we must undertake the study of Africana experiences. Of course, it is not written blatantly how we are supposed to directly touch on the subject; however, it gives a synthesis as to where we should start. The syllabus, along with the aliteracy form is the inception of what we should start with; a book. Read. Not only do we read, we read together, we ask questions, we "search for truth, and train new generations, in order to produce new knowledge." (Gregory Carr) Our ancestors did not risk their lives along with others for generations after them to be aliterate. Intellectual Journey I was born and raised in Detroit, Michigan to my mother, Janice Jones-Sow, and my father, Moustapha Sow. My dad is from Dakar, Senegal and my parents coincidentally met at the African World Festival in Detroit in the mid-1980s. I have 3 older sisters, one who graduated from Howard University and took your class, my second oldest sister graduated from College for Creative Studies and my third oldest sister is a senior at Parson's School for Design. My mother knew the importance of teaching my sisters and I

Wednesday, November 6, 2019

National Woman Suffrage Association - NWSA

National Woman Suffrage Association - NWSA Founded: May 15, 1869, in New York City Preceded by: American Equal Rights Association (split between American Woman Suffrage Association and National Woman Suffrage Association) Succeeded by: National American Woman Suffrage Association (merger) Key figures: Elizabeth Cady Stanton, Susan B. Anthony. Founders also included Lucretia Mott, Martha Coffin Wright, Ernestine Rose, Pauline Wright Davis, Olympia Brown, Matilda Joslyn Gage, Anna E. Dickinson, Elizabeth Smith Miller. Other members included Josephine Griffing, Isabella Beecher Hooker, Florence Kelley, Virginia Minor, Mary Eliza Wright Sewall, and Victoria Woodhull. Key characteristics (especially in contrast to the American Woman Suffrage Association): condemned passage of the 14th and 15th Amendments, unless they were changed to include womensupported a federal Constitutional Amendment for womens suffragebecame involved in other womens rights issues beyond suffrage, including the rights of working women (discrimination and pay), reform of marriage and divorce laws.had a top-down organizational structuremen could not be full members although they could be affiliated Publication: The Revolution. The motto on the masthead of The Revolution was Men, their rights and nothing more; women, their rights and nothing less! The paper was largely financed by George Francis Train, a womans suffrage advocate also noted for opposing suffrage for African Americans in the campaign in Kansas for womens suffrage (see American Equal Rights Association). Founded in 1869, before the split with the AERA, the paper was short-lived and died in May 1870. The rival newspaper, The Womans Journal, founded January 8, 1870, was much more popular. Headquartered in: New York City Also known as: NWSA, the National About the National Woman Suffrage Association In 1869, a meeting of the American Equal Rights Association showed that its membership had become polarized on the issue of support for ratification of the 14th Amendment. Ratified the previous year, without including women, some of the womens rights activists felt betrayed and left to form their own organization, two days later. Elizabeth Cady Stanton was the first president of the NWSA. All members of the new organization, the National Woman Suffrage Association (NWSA), were women, and only women could hold office. Men could be affiliated, but could not be full members. In September of 1869, the other faction which supported the 14th Amendment despite it, not including women, formed its own organization, the American Woman Suffrage Association (AWSA). George Train supplied significant funding for the NWSA, usually called the National. Before the split, Frederick Douglass (who joined the AWSA, also called the American) had denounced the use of funds from Train for womens suffrage purposes, as Train opposed black suffrage. A newspaper headed by Stanton and Anthony, The Revolution, was the organ for the organization, but it folded very quickly, with the AWSA paper, The Womans Journal, much more popular. The New Departure Before the split, those who formed the NWSA had been behind a strategy originally proposed by Virginia Minor and her husband. This strategy, which the NWSA adopted after the split, relied on using the equal protection language of the 14th Amendment to assert that women as citizens already had the right to vote. They used language similar to the natural rights language used before the American Revolution, about taxation without representation and governed without consent. This strategy came to be called the New Departure. In many locations in 1871 and 1872, women attempted to vote in violation of state laws. A few were arrested, including famously Susan B. Anthony in Rochester, New York. In the case of United States v. Susan B. Anthony, a court upheld Anthonys guilty verdict for committing the crime of attempting to vote. In Missouri, Virginia Minor had been among those who attempted to register to vote in 1872. She was turned down, and sued in state court, and then appealed all the way to the United States Supreme Court. In 1874, a unanimous verdict by the court declared in Minor v. Happersett that while women were citizens, suffrage was not a necessary privilege and immunity to which all citizens were entitled. In 1873, Anthony summarized this argument with her landmark address, Is It a Crime for a U.S. Citizen to Vote? Many of the NWSA speakers who lectured in various states took up similar arguments. Because the NWSA was focusing on the federal level to support womens suffrage, they held their conventions in Washington, D.C., even though headquartered in New York City. Victoria Woodhull and the NWSA In 1871, the NWSA heard an address at its gathering from Victoria Woodhull, who testified the previous day before the U.S. Congress supporting woman suffrage. The speech was based on the same New Departure arguments that Anthony and Minor acted upon in their attempts to register and vote. In 1872, a splinter group from the NWSA nominated Woodhull to run for president as a candidate of the Equal Rights Party. Elizabeth Cady Stanton and Isabella Beecher Hooker supported her run and Susan B. Anthony opposed it. Just before the election, Woodhull released some salacious allegations about Isabella Beecher Hookers brother, Henry Ward Beecher, and for the next few years, that scandal continued with many in the public associating Woodhull with the NWSA. New Directions Matilda Joslyn Gage became president of the National in 1875 through 1876. (She was Vice President or head of the Executive Committee for 20 years.) In 1876, the NWSA, continuing its more confrontational approach and federal focus, organized a protest at the national exhibition celebrating the centennial anniversary of the nations founding. After the Declaration of Independence was read at the opening of that exposition, the women interrupted and Susan B. Anthony made a speech on womens rights. The protestors then presented a Womens Declaration of Rights and some Articles of Impeachment, arguing that women were being wronged by the absence of political and civil rights. Later that year, after months of gathering signatures, Susan B. Anthony and a group of women presented to the United States Senate petitions signed by more than 10,000 advocating womens suffrage. In 1877, the NWSA initiated a federal Constitutional Amendment, written mostly by Elizabeth Cady Stanton, which was introduced into the Congress every year until it passed in 1919. Merger Strategies of the NWSA and AWSA began to converge after 1872. In 1883, the NWSA adopted a new constitution allowing other woman suffrage societies including those working at the state level to become auxiliaries. In October of 1887, Lucy Stone, one of the founders of the AWSA, proposed at that organizations convention that merger talks with the NWSA be initiated. Lucy Stone, Alice Stone Blackwell, Susan B. Anthony and Rachel Foster met in December and agreed in principle to proceed. The NWSA and AWSA each formed a committee to negotiate the merger, which culminated in the 1890 beginning of the National American Woman Suffrage Association. To give gravitas to the new organization, three of the best-known leaders were elected to the three top leadership positions, although each was aged and somewhat ailing or otherwise absent: Elizabeth Cady Stanton (who was in Europe for two years) as president, Susan B. Anthony as vice president and acting president in Stantons absence, and Lucy Stone as head of the Executive Committee.

Monday, November 4, 2019

Learning to Listen Essay Example | Topics and Well Written Essays - 500 words

Learning to Listen - Essay Example Ramin tells the readers how she has grown up with inquisitive behavior and become curious of everything happening around her. To this extent, the author reveals that the culture of one’s family influences his or her behavior. Further, the author reveals that one’s family can make him or her develop poor or good listening skills, which she emphasizes by reveling to the readers that she learnt about her poor listening skills from her family. Good listening demands that one be keen and completely identify with the speaker. Ramin emphasizes that great listening involves â€Å"deeply identifying with the person you’re speaking with, when their story becomes so vivid that your world becomes less about you and more about them† (Para 2). The author further makes it clear that hearing is different from listening. Hearing simply means making no sense of what the speaker says. Good and effective listening requires an individual to focus more on the speaker rather tha n himself. A good listener is one who identifies with and become part and parcel of the story. Ramin also reveals that poor listening skills can lead to communication barrier and increases one’s likelihood to miss important things said by the speaker. Ramin also reveals that listening skills can be learnt when she says â€Å"I might have missed that, had I not learned to listen† (Para 5) in reference to â€Å"I love you† whisper from an orphaned girl to her at Noah’s community center. Ramin’s claim that one should learn when to speak and when to listen is very true. I particularly had poor listening skills, but learnt a lesson that changed my listening skills completely. I had gate-crushed a certain wedding in the neighborhood. At the door of hall where the occasion was scheduled, a security guard instructed me that empty blue seats were reserved for some special people invited to the wedding. Unfortunately, I was simply nodding and talking at the same time, while my

Saturday, November 2, 2019

Reading Reponses Essay Example | Topics and Well Written Essays - 1000 words

Reading Reponses - Essay Example The landscapes that these buildings are erected upon are not static because natural compositions cause their constant change. Stan gives a description of the nature of this change as he suggests that living bodies usually have faster changing trends. Architecture completes the link between biological and geological composition of elements as it finds a basis of existence. Architecture has evolved to the form that looks at the landscape the structure is erected on, known as the horizontal. Stan tells that technology has been improved to consider the design layout from the horizontal perspective incorporating it with the traditional vertical design, where architects like Gehry only dwelled on the appearance of the structure. The desire for the architects to dwell on the horizontal bodies, and less on the vertical has been included in examples that depict landscape design and Stan gives an example in the Yokohama port. Landscape urbanism is given as an example of landscape architecture that has been implemented on empty spaces, and developed during 1990s when architects desired means to manipulate the surface. Before any structure is erected as an architectural form, a landscape needs to be considered as its constituent. Stan, therefore, suggests that a brilliant architectural design is one that considers the landscape as part of its overall structural design and not a separate entity. This structure is suggested to be unique due to its integration with the natural components considering the landscape design. Van Eyck tells of the relationship to that of the leaves of a tree to their origin. The design of the college is unique as it spreads the design from its repetitive features that are projected to the college rooms. The use of geometrical shapes in the forms of a circle to trapezoidal composition gives it an outstanding contrast in layout,