Online Mba Programs Versus Traditional Bricks and Mortar

Online MBA Programs versus On-site Programs Andrew Cortez Ashford Managerial Marketing BUS 620 Sharif Muhammad October 23, 2011 Online MBA Programs versus On-site Programs With unemployment rates at an all time high combined with the increasing costs associated with traditional brick and mortar schools, online education is by far one of the fastest growing and thriving industries. As younger students are attempting to pursue traditional higher education, they are realizing that the costs are not only increasing daily, but the programs are longer in duration and often not a better education than the online line programs. Those who have lost their jobs and need an edge over other unemployed candidates are finding that a B. A degree alone is often not enough and that in fact an MBA degree could greatly improve their chances as being more appealing to employers who have few jobs to offer to an overwhelming number of applicants. Those who do have jobs are often concerned about the stability of that job and this group is also is also looking towards those higher degree’s as to remain competitive and viable for their current jobs or for future jobs that may offer them more stability. This group typically has high work demands and as a result, they have to weigh their options when it comes to returning to school to obtain that MBA. The number of college level distance learning classes offered online continues to increase as they offer greater scheduling flexibility to students, they appeal to students who like to work independently, and allow colleges to increase enrollment without building new classrooms (Werhner, 2010, p. 310). Understanding fully what your goals are, as well as what limits you may have will help to determine the right direction for a student. The following will include a marketing plan that will assist in demonstrating the advantages of perusing an online MBA program as a viable and preferred alternative to an on-site MBA Program. 1. Company Overview: San Diego Higher Education (SDHE) is an online, for Profit Company that focuses on online education with the purpose serving its students as a viable method of obtaining an MBA degree via web-based courses through an accredited university. With the SDHE online MBA program, you can have the skills and experience you need to increase your chances for success by taking on the most complex leadership roles. SDHE has been assisting San Diego residents in obtaining an MBA degree using the online medium since 2007. The company had initially targeted low income and or unemployed individuals, but it has expanded its offerings with the intent to grow towards all segments. Beyond practical skills, the program is also designed to foster thought leadership, innovation, and corporate social responsibility on a multinational, multicultural scale; SDHE is headquartered in San Diego California. Key Leaders of the company: Tanner C. Dean-CEO †¢ Jeffery S. Anderson-CFO †¢ Scott R. Howard-COO †¢ Andrew Cortez-CMO Key Service Offerings: Online MBA programs with a specialization in Finance, Healthcare Marketing, Project Management, Human Resources, Information Technology, Global Management and Accounting. 2. Executive Summary of Marketing Plan: As the economy has continued to decline and unemployment has continued to increase, the need for affordable and accessible online educational optio ns have increased. The use of on-line instructional delivery methods by non-traditional adult learners continues to grow as technological and societal changes have enabled and encouraged this growth. The purpose of this marketing plan is to review recent marketing strategies with respect to how adults learn and tie that strategy into a discussion based upon a review of the suitability of, satisfaction with, and preference towards on-line instruction among adults. Some areas for improvement are discovered and recommendations are provided based upon these reviews (McGlone, 2011, p. 1-9). It is expected that our marketing efforts need realignment as to become more relevant to all types of students. Where as our initial marketing plan was very narrow, the market has since completely opened up and we now are in a position expand our offerings to larger audience. We will propose to re-brand and redirect our SDHE as to appeal to a much broader demographic segment. The ultimate goal is to convince potential students that SDHE is a viable higher education institution that exceeds the offerings of our competitors while maintaining a lower cost for an MBA degree. Our niche is that we are in fact a smaller institution and can therefore offer a more customized program in which students do not feel as though they are just a source of revenue for our company; they will feel as though they are receiving critical and accessible services that they will not receive from the larger institutions. 1. Description of Target Market: Demographic Segment: Male/Females between the ages of 22-45+ who have an understudy degree, income 35K-80K per year. Psychographic Segment: Looking towards individuals who come from industries that have been most impacted by economy, such as real estate, banking, construction. , retail, home improvement, pharmaceuticals, marketing, cell phone, and automotive industries (Rampell, 2009). Geographic Segment: Target for this particular marketing plan should include California, Nevada, Florida, Arizona, Idaho and Louisiana as these states have been hit hardest by the recession (Kiser, 2010). Out of these states we need to look at specific demographics of these states as to assure that they are in alignment with our Demographic Segment, if they may be eliminated. . Description of Competitors: University of Phoenix: The University of Phoenix is accredited by The Higher Learning Commission and is a member of the North Central Association-access to campus-based and online libraries; academic advising; mentoring; tutoring; financial aid office-MBA (concentrations include: Accounting, e-Business, Global Management, Health Care Mana gement, Human Resource Management, Marketing, Technology Management); joint MS in Nursing with MBA in Health Care Management. Every University of Phoenix faculty must have a Masters or Doctorate degree. No classroom attendance, the curriculum is completely online. Strayer University: Strayer University is accredited by the Middle States Commission on Higher Education-access to campus-based and online libraries; career development assistance; academic advising; tutoring; financial aid advising-MBA (available concentrations: Acquisition, Human Resource Management, Management, Marketing, Supply Chain Management). Baker online: Baker College is accredited by the Higher Learning Commission and is a member of the North Central Association through Baker College-access to campus-based and online libraries; career counseling and placement assistance; academic advising-MBA (available concentrations: Accounting, Computer Information Systems, Finance, General Business, Health Care Management, Human Resource Management, Industrial Management, International Business, Leadership Studies, Marketing) Columbia Southern University: Distance Education Training Council (DETC) – Online library with 24-7 librarian services, academic and financial aid advising, and student services-General concentration, optional concentrations (E-Business and Technology, Finance, Health Management, Hospitality and Tourism, Human Resource Management, International Management, Marketing, Project Management, Public Administration, Sport Management). 3. 0 Description of Product or Services: SDHES’S MBA program refines the existing skills that the students already posses. Through our unique 18 month program students can complete the entire program and earn their MBA. The program will provide a solid understanding in all areas of business, from the fundamentals to specializations in Finance, Healthcare Marketing, Project Management, Human Resources, Information Technology, Global Management and Accounting. The specializations will give students the opportunity to deepen their knowledge by focusing on their specific areas of interest. The entire program is online and students are designed for the busy schedules of its students. . Marketing Budget: This particular budget is for a twelve month re-launch and re-branding of its current offerings as to expand our current customer base. The amount required for this is $960K and the break down of expenses is as follows: †¢ $120K-Website update to include up to date and current functionality. †¢ $600k- Media to include social media campaign (Banner ads/email blasts/news letters) to correspond with Bil lboard, television and print add. †¢ $120K- Marketing items to include flyers, inserts, sales brochures and misc. ollateral as deemed per region. †¢ $60K- PR to include press releases, public appearances etc. †¢ $60K- Outreach to local business, to include employment agencies. Outreach will be a more grass roots approach to specific communities. 5. Description and Location: Online academics can open itself to a much larger market segment as the virtual classrooms are much larger than a traditional class room. Because the MBA program would be completely online it is available to anyone with the technology of a computer and internet service. Internet/ web site searches are the key locations where potential students will initially look for our product; this is why so much of the budget will be spent on website design and functionality. Distribution channels such as face book and Google banners will be used. Street teams will be used at trade fairs, conventions and job fairs. We will also offer larger corporations incentives to post information on their internal websites advertising educational resources to their employee’s. Mall Media will also be used to advertise; larger regional malls can have up to 1 million + in monthly foot traffic, this medium is often more effective than traditional billboards as the customer is walking slowly and more likely to see our advertisement. 6. Pricing: Identifying the pricing the appropriate pricing category for our program should be very easy as we will remain competitive but we will still remain on the lower side. With so many online schools that currently in operation, potential students do have several options available. Because we are in a tough economic climate, pricing is more crucial than in previous years. Yes, benefits and features are extremely important as well, which is why will not be the lowest but will be towards the bottom from a pricing perspective. We will also offer discounts to certain corporation whom we will be partnering up with and in addition we will be offering a military discount as well. The current pricing range for online MBA programs range anywhere from 60k to 20k and so our pricing will at about 30K for the program, not including course materials, technology fee’s etc. This competition oriented method of pricing will make us very appealing to our potential students, while still allowing us as a company to remain profitable. 7. Summary and Implementation: In order to maximize new student enrollment we must stay ahead of the competition. We are an online school and so our online presence needs to be the area of most focus, from a marketing perspective. Our website needs to be as intuitive and easy to navigate as possible; it must draw the customers in and connect with them. This being said, an overall marketing campaign that is in line with the new website is essential. We must remain focused, within this campaign, on the ease and accessibility that our online MBA can provide them with all while being priced very competitively. Our efforts must be geared towards the quality of the education as we will be compared side by side to our direct competitors, our demographics are very computer savvy and so it is important that we remain a viable option through a flawless reputation. We shall also be strategic with the timing of the implementation of this marketing plan by researching unemployment trends to help us to determine timing (probably at the in December and January). In addition; we want to want to make sure that we are capturing the fresh graduates and so the months of April-June are months to focus on as well. This re-launch is something to be very excited about. We need internal by in from all departments. With flawless execution this marketing plan has the potential to increase our bottom line profits by up to 20% over last year. References Kiser, G. (2010, March 23). The Cities Hit Hardest by the Recession: Brookings Institution [Business]. Huffington Post. Retrieved from http://www. huffingtonpost. com/2010/03/23/the-cities-hit-hardest-by_n_509744. tml#s75345&title=1_Cape_Coral McGlone, J. R. (2011). Adult Learning Styles and Online Educational Preference [Journal]. Research in Higher Education Journal, 12, 1,9. Rampell, C. (2009, January 26). Layoffs Spread to More Sectors of the Economy [Money Matters]. The New York Times. Retrieved from http://www. nytimes. com/2009/01/27/business/economy/27layoffs. html Werhner, M. J. (2010). A Comparis on of the Performance of Online versus Traditional On-Campus Earth Science Students on Identical Exams []. Journal of Geoscience Education, 58(5), 310-313.

The importance of music

Music first formed in ancient time and continued to develop simultaneously with civilization. It is said that without music, our world would become boring. Why music is so Important? Why many people spend a lot of time on listening to music? In fact, music affects us more than we know. Music plays Important roles in our life: It connects people, entertains us and has other uses In particular times. First, music connects people. Different ages, different classes of people come closer getting know each other through music.Specifically, many international encores was held worldwide in a Joint effort to exchange culture and struck up or develop friendship. The countries, as a result, can lead to a multilateral development agreements. Moreover, the people in those countries can be pleased thanks to the influence of music idols. In addition, music can heal the breach between people. It reduces seriousness among those who are in debates. Familiar melodies bring back their memories, throw th em back to their happy time In the past and it reconnects them In spiritual level. Besides, music encourages humanitarian actions.People often hold charity concerts and music makes them easy to emphasize with unfortunate lives. In other words, music brings us together. Second, music entertains us In many ways. After long hours working hard, listening to our favorite rhythm can help us relax or even stimulate our brain in order to keep on working efficiency. Furthermore, after a stressful day, music is one of the best ways to entertain. It can be exciting, gentle or soft, depending on the listeners' sense. An amazing way to enjoy music is to attend concerts, theaters or just turn on TV and sites to our favorite songs.Moreover, if you can play musical instruments, it will be the best way to enjoy music. Playing music by ourselves, we understand completely the song and get closer to the singer. Music is an important part of our life. Entertainment Is the thing cannot be denied when we talk about music. Finally, music also has many good uses to people. Apparently, with music, we can express ourselves, our feeling, our thought and our emotion. For example, when we are sad, we prefer to listen to sad song like † unchain melody † In order to show our sadness. Moreover, music can create particular atmosphere for different situation.For instance, people prefer to open solemn music in some formal occasions. One more use of music is that it builds up nation esteem. Specifically, when listening to nation anthem,we are proud of our country more than ever. In short, music has many incredible uses that strongly affect our thoughts, our emotion and our work. In summary, music plays important roles in our life. Not only are the young people influenced by music but also the old can't help enjoying the rhythm. Music relaxes us, assists us with many good things but its uppermost effect Is to bring us together.It is hard for us to Imagine a world without music, that wo uld be boring and full of sadness. The importance of music By painlessly 2 is so important? Why many people spend a lot of time on listening to music? In fact, music affects us more than we know. Music plays important roles in our life: it connects people, entertains us and has other uses in particular times. Their memories, throw them back to their happy time in the past and it reconnects them in spiritual level. Besides, music encourages humanitarian actions. People often Second, music entertains us in many ways.After long hours working hard, listening to amazing way to enjoy music is to attend concerts, theaters or Just turn on TV and Entertainment is the thing cannot be denied when we talk about music. Finally, music we prefer to listen to sad song like † Unchain melody † in order to show our sadness. Influenced by music but also the old can't help enjoying the rhythm. Music relaxes us, assists us with many good things but its uppermost effect is to bring us together . It is hard for us to imagine a world without music, that would be boring and full of

Health Care Policies in a Hospital Unit Essay Example | Topics and Well Written Essays - 500 words

Health Care Policies in a Hospital Unit - Essay Example This paper will address a required change in billing and retrieving of payment from insurance companies and patients in a hospital unit. In health care, a health policy can be defined as an action that is usually undertaken in order to achieve a certain health care goal within the society (Feldstein, 2011). There are several categories of health policies in the health care system. These policies are usually reviewed in order to improve the services provided through the health care system. The health care policies are aimed at solving or addressing an issue within the health care institutions. Researchers assert that the expenditure in health care is slowly outpacing the GDP in most countries. This paper will employ a possible policy that can address the issue of billing and retrieving of payment from insurance companies and patients in the hospital unit. The creation of a policy usually encompasses three main steps. These steps include the formulation stage, legislative stage and the implementation stage. In the formulation stage, the policies are usually reviewed by professional experts in the medical field. The legislative stage is the most essential phase in the creation of a policy. This is the stage whereby the policy is enacted through the support of the legislators (Feldstein, 2011). Lastly, the implementation stage is the last stage whereby the intervention of the policy is performed. In this case, the predicament lies within the billing department which also deals with retrieving of funds from insurance companies. The payment system in a health care institution deals with processing the payments for the services offered in the health care institution. In order for the health care institutions to address this predicament, they should apply the pay per performance policy. This policy is one of the emerging trends in health insurance (Forman, 2008).

Explain what you understand by the ideas of an 'indigenous people', Essay

Explain what you understand by the ideas of an 'indigenous people', first people, or an 'indigene'. What do you consider to be the advantages and disadvantages of these terms - Essay Example Governments have noted the importance of these territories and have even sought to protect them in their natural setting rather than move them to different areas where they may lose what they have sought to protect over the decades (Merlan 105). Others have already been assimilated into the western culture or the American way of life and have lost their identity as members of their original community. As such, they seek to spread the spirit of cosmopolitanism everywhere. This may be seen in the way the Europeans assimilated African societies and later the Africans chose to adopt almost everything that is western (Baaz and Palmberg 29). Others have imitated the western culture to some extent but retained their traditions when it comes to certain rituals that favor traditional points of view. The current globalization has made it difficult for many cultures to maintain their traditions and this has strained many relations. Those who live in rural areas are seen to be the greatest adherents of traditions and customs in many societies. However, the migration that has led many to leave the rural areas to the urban areas in search of greener pastures has come with its constraints (Howard 80). Many have abandoned their cultures and even forgotten about their traditional roots. They have been assimilated into other cultures that have come as a result of the different people that inhabit many of these urban centers. The media has also played a considerable role in eroding many beliefs that people held years ago in the name of civilization (Merlan 105). However, there are others who are termed as the indigenous people. These are groups of people who are said to have stuck to their traditional roots and continue to practice their cultures based on their historical ties that are said to have existed before colonization. These people maintain their cultures despite the big divide between theirs and the mainstream culture as well as political systems (WGIP 2). They have

Liquid Level Detection by Using Optical Sensors in Riyadh Wastewater Dissertation

Liquid Level Detection by Using Optical Sensors in Riyadh Wastewater Treatment Station - Dissertation Example C Damping coefficient ODEs Second order linear r Root of equation Acknowledgment I would like to thank my supervisor Professor Gui Tian strongly for being supportive and an excellent guidance throughout the duration of this work. My thanks must also go to Professor Matthew Armstrong for his advice regarding the control part of this project on. I would like to thank yassir Ali Bouraee for helping me in the fluid system control. List of contents Abstract......................................................................................... 1 List of Symbols and Acronyms...................................................... 3 Acknowledgements.............................................................................. 4 List of contents..................................................................................... 5 Chapter 1:Background 7 1.1 Introduction 1.2.1 What are wastewater treatment stations ....................... 9 1,2.2 What are the wastewater sources 1.2.3 What are the wastewater release gases Chapter 2: literature review 10 2.1 Introduction 2.2 The principle of liquid level detection and importance 2.3 Point liquid level detections techniques................................. 13 2.3.1 Magnetic and Mechanical float level sensors 2.3.2 Pneumatic level sensors 2.3.3 Conductive level... The main aim of this project is to find the proper liquid level sensors between these two sensors for working in Riyadh wastewater treatment station. By the end of the project, one of the main reason which causes a problem to the ultrasonic level sensors at Riyadh station came up which is a high temperature or temperatures Variety. According to Monitoring weather center in Riyadh, the average temperature at the summer time between 40-55 degree in the day time and the moisture in Riyadh is very low. Therefore the ultrasonic sensor might get affected by the Variety of temperatures or high temperature. As result of low moisture and high temperatures, I think the proper sensor for Riyadh wastewater station is the optical infrared sensors. In part of characteristics consideration for both sensors to select the suitable one for wastewater environment, the accuracy of the optical sensor for detecting the distance between the sensor and the liquid level is noticed even though the variations of surrounding temperature and sunlight intensity. The sensor was affected by dirt and misroute. The ultrasonic sensor is able to detect the distance even though the variations in moisture content, dirt and surrounding sunlight intensity. And, the sensor was severely affected by the difference of the surrounding temperature. Finally, both sensors can be used as distance detection sensor in the wastewater treatment field,† if a careful consideration is given to the characteristics of both sensors with improvement on problems pointed out in this study†.

Helping Skills in Mental Health Facilitation Case Study

Helping Skills in Mental Health Facilitation - Case Study Example termine her mental state of health as well as help her find a community mental health facilitator in charge of a social support group of people undergoing the same situation as her. The mental health facilitator assists in people sharing their experiences and helping them cope with the problem and their situations better be they social or psychological (Hinkle, 2014). After achieving a bit of control of her life and managing to reduce her depression, the next step is for her to bring in her son with her to the community group and they undergo the support as a family. They will be helped to know how to communicate better with each other, learn out about their needs and want and how to coexist with each other without having to fight all the time. Susan will be taught to not only be a parent but be a friend to her son as well and how they can trust each other since they only have each other. The mental health facilitator is the one to assist them fulfill the plan. Hinkle, S. (January, 2014). â€Å"Population-Based Mental Health Facilitation (MHF): A Grassroots Strategy That Works.† The Professional Counselor Journal. Retrieved from:

The Constitution a Controversial Document Essay Example | Topics and Well Written Essays - 750 words

The Constitution a Controversial Document - Essay Example The paper tells that the constitution was drafted after a successful civil revolt from the British rule in 1787. It was the result of a highly successful collaborative effort composed of leaders of high repute and regard from the original founding 13 colonies of our great American nation. However, the fact that it was created by representatives from 13 colonies in itself was already a controversial idea and, at the time, few thought it would succeed. It was because of the various thoughts, mindsets, and vested interests in the new country that the Constitution was eventually seen, even though the 13 states had agreed upon its content, as a controversial document as it was being written. Â  Since the constitution was created during an era when there was no technology such as the internet or 24 hour news television to show the public what was going on between the 55 state delegates during the drafting of the constitution, we only recently came to understand how the process was actuall y quite divisive and could have resulted in a civil war between the states soon after the war against Britain ended. That is because in an atmosphere that combined competitive, lively debate with tolerance and respect for differences of opinion, the delegates reached vital compromises on matters that threatened to divide the still loosely connected union of states. Many different factions opposed one another—small states versus large states, farmers versus businesspeople, North versus South, and slave states versus non-slave states.

Marketing internship report Essay Example | Topics and Well Written Essays - 1000 words

Marketing internship report - Essay Example my internship at Plush Karaoke, I had a special focus on acquiring knowledge on the different strategies employed for marketing and promotion of services in the organization. To ensure this was effectively understood, I had to partake in the numerous marketing and promotion activities of the organization, among which were advertising, sales promotion, selling, and the public relation (Steinke 145). In Plush Karaoke, promotion was used for the purpose of expanding the market, as well as retaining its current position in the market. Similarly, this organization employed promotional strategy for the purposes of presenting a corporate viewpoint in regard to the public issues (Steinke 142). The organization also found promotional strategies as being key to reaching the target markets for its products. Among the organizational goals herein were the identification of particular promotional objectives and goals for the purposes of providing information on the services. On the other hand, there was the need to differentiate the services, stabilize sales, increase the sales, as well as accentuating the service value. Among the promotional practices offered by the organization, which I took part in their marketing and promotion were; happy Thursday, expansion of craft beer, adding a second TV in each room, barber cut machine, new song selections, sports programming at bar area, music video at bar area and refreshed food menu. The sales promotion practice included many forms such as personal selling, advertising and public relation for the purposes of increasing the sales via the one-time efforts of selling. In addition, the organization considered the sales promotion practice as an important part in the promotional mix (Steinke 143). I got engaged in Point-of-Purchase Advertising (POP), which involved demonstrations and displays for promoting the services through video advertisements on the shopping charts of supermarkets. Another important practice was the specialty

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

Economice - Assignment Example Along the European shores there are ten countries that will sign a pact to start working on an underwater electrical grid to link up disparate projects (The Economist, 2010). Norway has hydroelectric stations that can serve as giant batteries that store energy. Spain can take advantage of solar and wind renewable energies, while the Sahara desert has the potential to be a productive region for the implementation of solar technology. Europe would benefit tremendously if the producers of energy could trade energy over the grid in a single market. The estimated made by European officials established that energy savings of between 20%-25% could be possible. In Europe energy is being generated through multiple technologies including wind, sun, gas, and nuclear power. The European commission established that the government has to invest nearly $1.4 trillion over the next decade in its energy infrastructure. The fact that utilities are a public monopoly enables this industry to receive governmental assistance. Creating a single energy market in Europe will be difficult due to the fact that electricity and gas networks are treated as natural monopolies. Currently the only countries that are sharing their energy resources are Spain and Portugal. The fragmentation for the gas industry is even worse than the one for electricity in Europe. New regulations such as EU’s 20/20/20 which seeks a 20% greenhouse gas, a 20% reduction in energy, and a 20% increase in renewable energy should help increase cooperation. Another change in the industry that will help form a single market is the fact that companies must now either sell their distribution networks or run them as a separate business. A single energy market in Europe would represent the biggest utility monopoly market in the world. OIL and gas are being drained from under the North Sea. But its time as Europe’s energy reservoir is not over. Along its shores and on its waters, thousands of

Presidential Election 2012 Term Paper Example | Topics and Well Written Essays - 1000 words

Presidential Election 2012 - Term Paper Example At the moment, the polls are very close. In the end, in November 2012, Mitt Romney will be elected president, and Barack Obama will have an early retirement. Barack Obama is a good man, but voters will conclude he is over his head. Voter decision-making processes President Obama took office in 2008, promising to bring hope and change to Washington. Voters were tired and exhausted after eight years under George W. Bush. The Republicans had trouble drumming up support. Obama was like a breath of fresh air. But immediately, his presidency faced major challenges. He had to decide how to deal with the fallout from the financial crisis which was still unraveling. He had to deal with Iraq and the auto industry. These were major challenges. Although President Obama has tried hard on the economy, the results, nearly four years later are not good. Unemployment is still very high. Many political pundits believe that the elections will largely come down to who is a better economic manager. Mitt Romney has many useful credentials as a businessman. Voters, when making a decision, are going to look to Romney’s strong economic credentials and Obama’s weak ones. That is part of the reason they are likely to choose Romney when push comes to shove. They are tired of the way Washington has become. Voters still don’t know who to vote for, the evidence suggests. A recent poll reported in the Washington Post showed that the race was still too close to call. The story concluded as follows: Given recent trends, Obama can point to a gradually improving outlook and Romney can cite his experience as a business leader and appeal to those concerned about their own financial plight. Obama still enjoys a big gender-gap advantage. And the polls show both Romney and Obama are strongly supported by their respective partisans. In most polls, Romney fares well among independents, although not decisively so. Of course, a lot more ups — and downs — lie ahead. (AP) Most critics agree that the better the economy does in the next few months, the better Obama’s chances will be with ordinary voters concerned about pocketbook issues (Dorning). This is something Obama’s people must be very concerned about. Campaign spending Both Romney and Obama are excellent fundraisers. In 2008, Obama used innovative techniques to bring in small donations. He used the Internet. Now he has a new advantage: incumbency. It will be hard for Romney to match him, as these recent figures show: Obama reported a bank balance of $104.1 million after raising $35.1 million in March. That included $7.5 million transferred from a joint fundraising account with the Democratic National Committee. Romney finished March with $10.1 million to spend after raising $13.1 million during the month, his best in the campaign. Through March 31, Obama raised $196.6 million for his re- election, more than twice as much as the cumulative $88.7 million collected by Romney’s campaign. One thing is for sure. This will be the most expensive campaign in American history. Both campaigns will raise hundreds of millions of dollars. With the Supreme Court’s recent decision in Citizens United will also allow outside parties to spend money, in an unaffiliated manner. This probably means more negative ads and untraceable smears. In the end, voters will probably say that they have had enough of Obama. He was given an opportunity to fix the economy but he has been unable to work well with Congress to pass major economic reforms. All he has done is to create more barriers

Trust Among Project Managers and Their Team Essay Example for Free

Trust Among Project Managers and Their Team Essay One of a Project Manager’s most important roles is that of building a team. In building that team, he or she must gain the respect and trust of all of the members within that team. In the book trust is defined as â€Å"the confidence one person places in another that the other will honor all commitments†(Thompson, p. 93). This is a vital component because the team must have faith in the person who is leading the project. Being the project manager is a very important job which requires not a lot of experience, but also hard work and determination. The project manager has to have a good understanding of what the objective is, understand what is needed to get to that objective, and be able to communicate all levels of the project effectively to the team. Basically, the project manager must go above and beyond that of meeting the expectations of all of the members in order to gain their trust. It is not only important that the members of the team trust the project manager, but also that the project manager can trust the rest of the team. Being a part of a team involves risk, especially when there is a level of self-management that the team members will have to do. Having trust in the team can have many benefits such as improving communication, better performance and less conflict among the members. Many times in groups we see implicit trust which is when we trust someone for little or no reason at all based on short interactions that we may have had. (Thompson, p. 95) When we have extremely high levels of trust in a group, we can tend to see the level of performance go down. We can see the performance of a team improve when the project manager and the team members are all monitoring each other’s activities or keeping themselves aware of what is going on in all different areas of the team. Monitoring the team is not necessarily an indicator in a lack of trust, but merely an attempt to assess the project and the progress of the team. It is important to use discretion when choosing when and how much to monitor the team activity because too much monitoring can affect the performance of the team. It has been said that high levels of trust are associated with low monitoring and low trust is associated with high monitoring. (Langfred 2004) Although the team needs to have a strong and organized leader, the team also needs to feel a sense of independence and trust. The image below shows how trust can affect a team’s performance. http://search. ebscohost. com/login. aspx? direct=truedb=buhan=13405639site=ehost-live As we can see, there are several different aspects of trust that can affect the team and its performance. By placing more trust in the members of team and giving them challenges that will require them to work individually as well as together as a team, you will have a more successful outcome. Team members will work better together and separately when they feel that they can be trusted and that what they are contributing to the project is making a difference.

Strategy For Sustainable Competitive Advantage Management Essay

Strategy For Sustainable Competitive Advantage Management Essay Every organizations corporate strategies are focused at developing a sustainable competitive advantage that will allow the company to continuously maintain and improve the enterprises competitiveness in the industry it is in. This enables the organization to stand strong despite competition or saturation of the market over a long time. An organizations competitive advantage is said to exist if customers perceive the firms product or as superiors or better than that of its competitors. There are various sources of competitive advantage in organization. These sources revolve around an organization internal environment (Dess et al, 2005). Dyer and Singh (Oct 2005), point out technology as one of the sources of competitive advantage to an enterprise. If the company technology is superior to those of its competitors, then the company can offer quality services and better product at cost effective prices thus retaining its customers for a long time. Its infrastructure like machinery and other production facility likewise can position the company more competitively if they super than the competitors. Human resource is one of the tools of competitive advantage. When a companys employees understand and are committed to the vision and objectives of the organization, they will become agents of success in the company. The employees will always be devoted to making the vision and identity stronger for the stakeholders, the customers and themselves (Oliver, 1997). The quality and the uniqueness of the companys products can also be a source of competitive advantage. If customers prefer the companys products or services because of specific qualities such as style, taste, ingredients, comfort, production methods e.g. organic or inorganic then the organization t can utilize this loyalty for strategic purposes. The location of the company could also be a competitive advantage. Companies operating closer to their customers, suppliers or raw materials can be more competitive than their counterparts in the same industries (Dyer Singh, Oct 2005). Structural, leadership, and cultural considerations while expanding its global operations Leadership Leadership is one of the most fundamental tools for Wal-Marts long-term competitive strategy for. The corporate executives of the organization are critically responsible for the direction and successful operations of the all the companys units. According to Wood (2004), the knowledge economy is proving to be the most valuable and efficient approach for leadership founded strong organizational values that promote constancy in innovation and motivation across all unites of the firm units. The leaders must harness their skills and abilities to lead with their intellect, aligned to the Wal-Marts corporate mission and vision. The leaders must think innovatively about how the company can create a sustained business value even as it enters others foreign markets. The entire corporate leadership must search for synergies and pursue possible successes at the corporate level for new opportunities for growth and expansion (Soderquist, 2005). Cultural The Wal-Marts organizational  culture is another of the key competitive advantages. If the company is able to build and maintain a culture that promotes and appreciates innovativeness, commitment, Wal-Mart is strategically positioned for success. Dyer and Singh, (Oct 2005) describes corporate culture as term that refers to a collective behavior of people seen in the perspective of shared corporate of vision goals, work language, symbols, beliefs,  habits and systems. Interwoven with the company procedures and technologies, each person including the new employees contributes to this cultures own uniqueness and composition. The corporate culture includes moral, social, and behavioral norms. Structural When entering a new market, corporate bureaucracies often mar smooth expansion programs. Bureaucracy delays implementation of strategies thus becoming a competitive disadvantage. To avoids this situation, Wal-Mart structure of administration and procedures will needs constant review to check any unnecessary or irrelevant procedure that like become obstacles to smooth and successful expansion of company. As the business continues to grow larger and larger, leadership and administration get further. Wal-Mart, management must keep constant battles to keep bureaucracy at bay. They need to regularly scrutinize all branches departments to ensure that feedback mechanisms are affective as possible (Soderquist, 2005). Wal-Mart needs to audit its procedures and structural operations when expanding its Global growths, in order to the negative impact of possible bureaucracies. Decision-making should be process need to be made as short as possible. Marketing and operational tactics to execute this strategy With the considerations of leadership, cultural and structural factors, Wal-Mart like any other company ought to come up with supportive marketing and operational programs that execute the competitive strategies. Combining effective marketing programs with its internal strengths such as innovations and leadership, advantage that is more competitive can be created. For retail chain store such as Wal-Mart, it is important that marketing strategies are consistent to the overall strategies and goals of the company. According to Wood (2004), effective marketing strategies will present the products and services offered as delivering the required benefits to consumers making them purchase repeatedly that products or service. The marketing strategies should not only be consistent with the overall strategy while expanding to other global markets, but also meet the demands of the level of competition in each market. While developing these strategies therefore, Wal-Mart therefore must factor in demands for effective product positioning; the nature of each of the markets it is entering, and the levels of competition with which the organization has to contend. The successful of branding of Wal-Mart franchises and branches has been one of the best sustainable differentiating strategies required of any effective marketing program. Like branding, the, the support marketing programs must be difficult for competitors to match the applied strategies (Oliver, 1997). Positioning as one of the important strategies that can be utilized to create and sustain Wal-Marts competitive strategy involves identifying the targets markets and clearly positioning the brands, their retails stores in those markets. One of the methods the organization can use is the marketing mix, which entails use of the 4Ps to influences consumer behavior in favor of Wal-Mart Stores. Market segmentation and discriminations is another possible positioning strategy. In the methods, the company will avoid standardizing their brands in totality, but rather customizing them to suit the cultural, economic, or legal requirements in those markets (Wood, 2004). Revised organizational chart for Wal-Mart Stores Where: CEO:-Chief Executive Officer/president CFO:-Chief Finance officer COO:-Chief Operation Officer

Accounting Ratio Analysis And Comparison Of Companies Finance Essay

Accounting Ratio Analysis And Comparison Of Companies Finance Essay 1) Question 1 Find the most recent financial statements for two companies of same company industry which are listed in KLSE (Kuala Lumpur Stock Exchange).Evaluate the financial position and performance for each of these two companies using accounting ratio analysis. You are required to compute and compare the accounting ratio between these two companies, and conclude the results of your finding. The limitations or problems of using accounting ratios for performance analysis should be included in your conclusion. entify and discuss three different ways for transferring capital or fund from saves to borrowers in the financial market. Table of content Page Questions 1 Introduction for question 1 3 7 Calculation for Gamuda and WCT Berhad 8 14 The ratio comparison between two companies 15 16 Conclusion 17 Question 2 18 24 Bibliography 25 Appendix 26 2) Question 1 Introduction Accounting ratios are the ratios that expressed and counted based on the financial statement of a company. Besides that, accounting ratios are also useful indicators of a firms performance and financial situation. Most of the ratios can be calculated from the information that is provided by the financial statements. Each type of accounting ratio provides an important data about a firms ability to repay its debts, its financial standing, and the potential for profit and how valuable stocks or investments in the company are. On top of that, accounting ratio also can be used to analyze the calculation and comparison of ratios which are derived from the information in a companys financial statements. Accounting ratios are a valuable and easy to interpret the numbers that is found in statements. When computing financial relationships, a good indication of the companys financial strengths and weaknesses becomes clear. Accounting ratio analysis the ratios into categories which tell us about different facets of a companys finances and operations. The following types of accounting ratios that is used, Liquidity ratios Asset turnover ratios Financial leverage ratios Profitability ratios Dividend policy ratios The purpose of an accounting ratio is to make financial reports regarding the performance of a company in a specified period normally by a year. These financial reports are later made available to the tax authorities, investors and creditors of the firm. Accounting ratios are calculated and grouped into five different categories for measuring the five different aspects of the business performance. There are five aspects of business measured by an accounting ratio. Profitability of company Liquidity of company Asset management of company Debts management and gearing of company Market value of investment to ordinary shareholders and common stockholders The formula for accounting ratio that are used to measure each aspect or area of business by accounting ratios are Profitability of company Gross profit markup (%) = Gross profit à · Cost of goods sold 100 Gross profit margin (%) = gross profit à · net sales value 100 Operating profit margin (%) = operating profit before interest and before taxation à · net sales valuex100 Profit margin on sales (%) = net income available to common stockholders à · Net sales value -100 Basic earning power (BEP) = operating profit before interest and before taxation à · total assets 100 Return on total assets (ROA) = net income available to common stockholders à · total assets 100 Return on common equity (ROE) = net income available to common stockholders à · common equityx100 Liquidity of company Current ratio/working capital ratio = current assets à · current liabilities Liquid ratio/quick ratio/acid-test ratio = liquid assets à · current liabilities Asset management of company Inventory turnover or stock turnover = cost of salesà · average stock value OR cost of salesà · closing stock value Total assets turnover = net sales à · total assets Debtor ratio = debtor à · credit sales Days sales outstanding (DSO) = debtor à · credit sales 365 days Debts management and capital gearing of company Debts ratio = total debts à · total assets Debts equity ratio = total debts à · common equity Times interest earned = profit before interest and before taxation à · interest charges Market value of investment to ordinary shareholders/common stockholders Earnings per share = net income available to common stockholders à · number of ordinary shares in issue Price/earnings ratio = market price per ordinary share à · earnings per share Earnings yield = gross earnings per share à · market price per ordinary share 100 Market price/book value ratio = market price per ordinary share à · net book value per ordinary share Besides that, there are three methods to compare accounting ratios for business performance measurement which are inter-temporal comparison between two periods, inter-firms comparison between two companies and comparison with industry averages. The two companies that are selected for business performance measurement are Gamuda Berhad and WCT Corporation Berhad. Gamuda Berhad is a Malaysia-based investment holding company which is the most famous in civil engineering construction. The industry of this company also operates in three business segment which involves engineering and construction, construction of highways and bridges, airfield facilities, railway, water treatment plants, dams and general and trading services. WCT Berhad is a Malaysia-based company which provides the provision of engineering services. The Company operates in three segments: civil engineering and construction, civil engineering works specializing in earthworks, infrastructure works, and property development. The information for these two companies which are required for business performance is measurement by accounting ratios in income statements and balance sheets of the two companies. Ratio with formula (Profitability of company) Calculation for 1st company (Gamuda Berhad) Calculation for 2nd company (WCT Berhad) Gross Profit Markup(%)= Gross profit=2455143000-1580125000-363348000-8595000-19973000-19260000-40866000 =RM422976000 Cost of goods sold =1580125000+363348000+8595000+19973000+19260000+40866000 =RM2032167000 =20.81% Gross profit =RM354659000 Cost of goods sold =RM4311943000 =8.23% Gross Profit Margin(%)= Net sales value=2455143000-0 =2455143000 Gross profit=2455143000-1580125000-363348000-8595000-19973000-19260000-40866000 =422976000 =17.23% Gross profit =RM354659000 Net sales value =sales return inwards =4666602000-0 =RM4666602000 =7.60% Operating Profit Margin On Sales(%)= Net sales value=2455143000-0 =2455143000 Operating profit before interest and taxation =259852000 =10.58% Operating profit before interest and taxation =RM244145000 Net sales value =sales return inwards =4666602000-0 =RM4666602000 =5.23% Profit Margin On Sales(%)= Net income available to common stockholders =280693000 Net sales value =2455143000-0 =2455143000 =11.43% Net income available to common stockholders =RM147098000 Net sales value =sales return inwards =4666602000-0 =RM4666602000 =3.15% Basic Earning Power= Operating profit before interest and taxation =RM259852000 Total assets =total non-current assets + total current assets =2347737000+4203173000 =RM6550910000 =3.97% Operating profit before interest and taxation =RM244145000 Total assets =total non-current assets + total current assets =RM1925297000+RM2553187000 =RM4478484000 =5.45% Return On Total Assets= Net income available to common stockholders =RM280693000 Total assets =total non-current assets + total current assets =2347737000+4203173000 =RM6550910000 =4.28% Net income available to common stockholders =RM147098000 Total assets =total non-current assets + total current assets =RM1925297000+RM2553187000 =RM4478484000 =3.28% Return On Common Equity= Net income available to common stockholders =RM280693000 Common equity =Ordinary share capital + Reserves =2025888000+1231637000 =RM3257525000 =8.62% Net income available to common stockholders =RM147098000 Common equity =Ordinary share capital + Reserves + Share premium =388856000+369256000+492134000 =RM1250246000 =11.77% Ratio with formula (Liquidity of company) Calculation for 1st company (Gamuda Berhad) Calculation for 2nd company (WCT Berhad) Current Ratio= Current assets =RM4203173000 Current liabilities =RM1930241000 =2.18:1 Current assets =RM2553187000 Current liabilities =RM1807550000 =1.41:1 Acid-test ratio= Liquid assets =Current assets Inventories =4203173000-79738000 =RM4123435000 Current liabilities =RM1930241000 =2.14:1 Liquid assets =Current assets- Inventories =2553187000-113709000 =RM2439478000 Current liabilities =RM1807550000 =1.35:1 Ratio with formula (Asset Management of Company) Calculation for 1st company (Gamuda Berhad) Calculation for 2nd company (WCT Berhad) Inventory Turnover= Cost of goods sold=1580125000+363348000+8595000+19973000+19260000+40866000 =RM2032167000 Closing inventories or stock =RM79738000 =25.49 times Cost of goods sold =RM4311943000 Closing inventories or stock =RM113709000 =37.92 times Total Assets Turnover= Net sales value =sales return inwards =2455143000-0 =RM2455143000 Total assets =total non-current assets + total current assets =2347737000+4203173000 =RM6550910000 =0.37 times Net sales value =sales return inwards =4666602000-0 =RM4666602000 Total assets =total non-current assets + total current assets =RM1925297000+RM2553187000 =RM4478484000 =1.04 times Debtor Ratio= Debtor or receivables =RM1607772000 Credit sales =RM2455143000 =0.65:1 Debtor or receivables =1206971000+265684000 =RM1472655000 Credit sales =RM4666602000 =0.32:1 Day Sales Outstanding= Debtor or receivables =RM1607772000 Credit sales =RM2455143000 =237.25 days OR =0.65-365days=237.25 days Debtor or receivables =1206971000+265684000 =RM1472655000 Credit sales=RM4666602000 =116.8 days or =0.32-365days=116.8 days Ratio with formula (Debts Managements of company) Calculation for 1st company (Gamuda Berhad) Calculation for 2nd company (WCT Berhad) Debts Ratio= Total debts =total non-current liabilities + current liabilities =1312946000+1930241000 =RM3243187000 Total assets =total non-current assets + total current assets =2347737000+4203173000 =RM6550910000 =0.50:1 Total debts =total non-current liabilities +current liabilities =1183958000+1807550000 =RM2991508000 Total assets =total non-current assets + total current assets =1925297000+2553187000 =RM4478484000 =0.67:1 Debts Equity Ratio= Total debts =total non-current liabilities + current liabilities =1312946000+1930241000 =RM3243187000 Common equity =Ordinary share capital + Reserves =2025888000+1231637000 =RM3257525000 =1:1 Total debts =total non-current liabilities +current liabilities =1183958000+1807550000 =RM2991508000 Common equity =Ordinary share capital + Reserves + Share premium =388856000+369256000+492134000 =RM1250246000 =2.39:1 Times Interest Earned Or Interest Cover= Operating profit before interest and taxation =RM259852000 Interest charge or cost =RM43813000 =5.93 times Operating profit before interest and taxation =RM244145000 Interest charge or cost =RM50308000 =4.85 times Ratio with formula (Market Value of Investment to Stockholders of Company) Calculation for 1st company (Gamuda Berhad) Calculation for 2nd company (WCT Berhad) Earnings Per Share= Net income available to common stockholders =RM280693000 Number of ordinary shares issue or ordinary share capital =2025888000 shares =RM 0.14 Net income available to common stockholders =RM147098000 Number of ordinary shares issue or ordinary share capital=388856à ·RM0.50=777712 shares =RM0.19 Price Earnings Ratio= Market price per ordinary share=RM3.20 Earnings per share=RM0.14 =22.86 times Market per ordinary share=RM2.60 Earnings per share=RM0.19 =13.68 times Earnings Yield= Gross earnings per share =100à ·75 Rm0.14 =0.187 Market price per ordinary share=RM3.20 =5.83% Gross earnings per share =100à ·75-RM0.19 =0.253 Market price per ordinary share=RM2.60 =9.74% Market Price Per Book Value= Market price per ordinary share=RM3.20 Net book value per ordinary share =Common equity / ordinary share in issue = Common equity =Ordinary share capital + Reserves =2025888000+1231637000 =RM3257525000 Number of ordinary shares issue or ordinary share capital =2025888000 shares ==Rm1.61 = =1.99:1 Market price per ordinary share=RM2.60 Net book value per ordinary share =common equity / ordinary share in issue Common equity =Ordinary share capital + Reserves + Share premium =388856000+369256000+492134000 =RM1250246000 Number of ordinary shares issue or ordinary share capital =388856à ·RM0.50=777712 shares ==RM1.61 = =1.61:1 Profitability of company: Gross profit markup, Gross profit margin, Operating profit margin, Basic earning power, and return on total asset of Gamuda Berhad is higher than the second company that is WCT Berhad. This indicates that the company was effective in controlling the expenditures. Besides that, for Basic earning power and Return on common equity, the first company is lower than the second company. This is because the ineffective use of assets and capital employed in business activities are at higher costs to reduce the production volume and sales volume. Liquidity of company The current ratio and the Acid test ratio for the companies Gamuda Berhad is higher than the second company WCT Berhad because the has the Gamuda Berhad highest amount of current assets and also highest amount of liquid assets that can be used to finance its current liabilities so that the company has highest liquidity to finance its short-term liabilities and also got chances to face short-term liabilities financial problem. Asset Management of company The inventory turnover for the Gamuda Berhad is much lower than the WCT Berhad because Gamuda has a slow stock turnover in the business which kept in store was very slowly taken out for resale, resulting large amount of stock accumulated to tie up money, which were having poor inventory management. For total assets turnover, the first company is low than the WCT because the Gamuda has a lowest sales from the assets indicating that company was inefficiently using the assets in business. On top of that, debtor ratio and day sales outstanding of the first company is higher than the WCT because the company got longer credit time to collect money slowly from debtors so that the balance is collected to tie up money and thus, having poor management on debtor collection. Debts Management The debts ratio for the Gamuda is less than the second company because the Gamuda got lower debts burden with smaller amount of debts and also bearing low interest cost to the available profit. Therefore, times interest earned for the Gamunda is much higher than the WCT because it has a bearing high interest charges to the available profit. Market value of investment to stockholders Earnings per share and earnings yield for the Gamuda is less than the WCT which indicates that the company has less growth in business profit , resulting lower net income available to each unit share , being less attractive and lower value to the common stockholders. Due to lower earnings per share, stockholders have to use more times of profit earning, more times of net cash inflow and a longer period to recover back their share investment. Besides, the price earnings ratio for the Gamuda is higher than the WCT. Market price per book value for the Gamuda is higher than the WCT that shows the company share price has inequitably risen up above its real asset value or book value for not being realistic to the stockholders. Conclusion As a conclusion, I will like to choose WCT Berhad because this company has a better performance in the business and here are some goods points of this company. On top of that, the WCT berhad company also have the highest Basic earning power and Return on common equity which is meant to increase the production volume and sales volume at lower costs as well as to increase the profit earning. Other than that, WCT berhad also has the is highest Inventory turnover which indicates a fast stock turnover where the goods purchased kept in store are fast taken out for resale so that the stock is not accumulated and money is not tied up with stock. Thus, the WCT berhad company did not face any short-term liabilities, and they are stable. The different firms using different financial policies which are also the comparison problems in inter firm. Question 2 Definition Financial markets are an organization for the people who are shortcoming of money and want to borrow money. Besides that, each financial market has different ways of financial methods in terms of its maturity and the asset backing it. Different financial markets have different ways of serving customers and operate different types the country. Financial markets dissent from physical asset markets because it is called tangible asset markets or real asset markets to deal with the tangible and physical manufacture such as machinery, computer and other physical assets. Physical asset market and financial market can also work as the future or spot market. Future market defines as the deals being sold for on the future delivery at some future date such as a year into the future whereas the spot market is define as the deals is being bought on the spot delivery within a few days. There are many types of various in financial market for an example such as money markets, capital markets, mortgage markets, consumer credit markets, primary markets, secondary markets, initial public offering (IPO) market and last but not least private market.   Money markets: Money market is a market dealing with short-term financial methods. Money market methods are include bankers acceptance, commercial paper, federal funds, treasury bills, and highly liquid debt securities which funds are loaned or borrowed for a short periods of less than one year. Money market is a segment of the financial  market in which financial instruments with high liquidity and very short maturities are traded. The money market  is used by participants as a means for borrowing and  lending in the short term, from several days to just under a year. Money markets do not have a fixed physical location. A money market fund is also called a mutual fund that empower in money market securities. Capital markets: Financial market that works as a conduit for demand and supply of primarily long term debt and equity capital. It channels the money provided by savers and depository institutions banks, credit unions, and insurance companies to the borrowers and investors through a variety of financial instruments called securities. It transports the money that is provided by depository institution and savers to invest or borrow through choices of financial methods called securities. Capital market also runs as an interchange for trading existing that request on capital in the form of shares or stock. Mortgage markets: A market for loans to people and organizations buying property a market for mortgages those has been bought by financial institutions and are then traded as asset backed securities. This arrangement will sum up the transaction in commercial mortgage, multi-family residential mortgage, home mortgage and farm mortgage. The holders of mortgage including the lenders that both originate the investment and change them as assets, such as thrift institution, commercial banks and insurance companies as well as those institutions that gets the loans in the secondary market.   Consumer credit markets: Consumer credit market is about a borrower uses any line of credit or loan to purchase goods services at the retail level. The cost of credit is the additional amount, over and above the amount borrowed, that the borrower has to pay. It includes interest, arrangement fees and any other charges. Consistently, consumer credit finances can be use at any asset that it will minimize quickly and it is not use for investment purpose. Loans for education, vacation or cars are also examples of consumer credit. However, consumer credit does not include loans that are for real estate. Primary markets: Primary market consists of the first buyers and issuer of the issues. Investors who buy shares in a new security issue meant they are buying from the primary market. Besides that, investors who purchase bonds and stocks in the primary market normally are not refundable commissions because the fees for selling the issue are built into its price and collected by the issue. Secondary markets: This market in which the existing and already purchases a security or other financial assets are able to trade among the investors after they have been issued by the institutions or corporation. Secondary markets is a market which investor buys a security from another investor rather than the issuer, the consequences to the original issue in the primary market is also called as aftermarket.   Initial public offering (IPO) market: IPO is the first sale of stock to a company. Furthermore, the most common reason is by offering securities or shares to the public for the first time. The most difficult part of an IPO is to find out the proper price to initially proffer the new stock. If the price is too high, the buyers will not be interested but if its too low, the company will sacrifice a lot of money that might have been made if others are higher. Private market: Private markets in financial transactions are worked out directly and privately between the two parties without going to the public where the transactions may be structured in any manner to those who appeals to the two parties. The three different ways for transferring capital or fund from savers to borrowers in the financial market are direct transfer from savers to borrowers, indirect transfer from savers to borrowers through investment banking house and indirect transfer from savers to borrowers through a financial intermediary. Direct transfer from savers to borrowers: Direct transfer takes place when an organization issues and sells its stock or shares immediately to the savers without passing through any other financial institution so that the organization as borrower immediately delivers its securities to the saver who in turn gives money to the organization. By this, the fund or capital is immediately transferred from savers to the organization or borrower. Issue corporations securities to Business Corporation -Æ’Â   Savers (Borrower)   Æ’Å ¸Ã‚  (Money Lender)   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Receive capital of fund from Indirect transfer from savers to borrowers through investment banking house: This takes place when investment underwrites the issuance of a cooperations securities and where the contributors bank serves as a middleman to facilitate the issuance by buying the securities of the organization and then resell the same securities of the organization to the savers so that the money paid by the savers for buying of organizations securities are passed by the investment bank and will be received by the organization which acts as borrower. Issue Corporations Resell corporations Securities to Securities to Business Æ’Â   Investmentâ‚ ¬Ã‚   -Æ’Â  Ã¢â€š ¬Ã‚  Savers (Money CorporationÆ’Å ¸ Banking House Æ’Å ¸ Lender) Receive fund from Receive fund from Indirect transfer from savers to borrowers through a financial intermediary: This takes place when a financial intermediary also know as a bank or a mutual fund that is obtain fund that are from the savers and by issuing its own certificate or securities of deposit to the savers. Then, the financial intermediary uses the fund that is collected from the savers to buy and to hold the securities of other company as contributors. In this case, the fund or the capital is transferred from the saver to financial intermediary when the saver has pay the money to the financial intermediary in interchange for receiving a certificate if securities or deposit issued by the financial intermediary. Therefore, the financial intermediaries will incredibly increase the efficiency of money and capital markets. This is shown in the following diagram:   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Issue corporations securities to  Issue intermediarys own securities to Business Corporation -Æ’Â  Ã¢â€š ¬Ã‚  Financial intermediary Æ’Â  Savers (Borrow) Æ’Å ¸Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Æ’Å ¸ (Money Lender)   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Receive fund from  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Receive fund from Investment banking house: The investment banking house runs by buying all the new security issue from a company or organization at one price and selling the issue with a smaller unit to the investing public at a inadequate high price to cover the expenses of sale and earn a profit. The company or corporation that distributes and underwrites the new issue of business organizations securities to assist the organization to collect fund for financing.   Financial intermediaries: Since the financial intermediaries are usually very large and they have gain economies of scale in analyzing the creditworthiness of those borrowers potential in collecting and processing loans. There are many type or various in financial intermediaries and those are commercial banks, savings and loan associations, mutual savings fund, credit unions, pension funds, life insurance companies and mutual funds. Commercial banks: Commercial banks are totally different from investment banks because commercial banks, they lend out money to the borrowers whereas the investment banks, they assist business company to raise fund or capital from the savers. Savings and loan associations: Savings and loan associations served residential and commercial mortgage borrowers where they likes to collect money or funds from those small savers and lend out this money to his house buyers or any other types of borrowers. Mutual savings fund: Mutual savings fund and savings and loan associations are almost the same process because they also accept savings from individual savers and lend out the money on a long-term basis to his house buyers and consumers.   Credit unions: This is a cooperative association which members are supposed to have something in common, so that the association collects funds from members and then lend to other members who need money to finance their house mortgage, house improvement and auto purchases. Pension funds: This is a retirement plans that given by the organization or government agencies for their employee   and administered primarily from the life insurance companies or the trust departments of commercial banks. Life insurance companies: Life insurance companies collect funds in the term of annual premiums and then invest back in to real estate, bonds, mortgages and shares, after that they will make their payments to the beneficiaries of the insured parties. Mutual funds: Mutual funds will collect savings from those savers and then use the savings to buy shares, short-term debt and long-term bonds method

Richard Wrights The Man Who Was Almost a Man Essay -- Richard Wright

Richard Wright's The Man Who Was Almost a Man The Man Who Was Almost a Man is a fictitious short story about an uneducated black boy's quest to become a man. Growing up in the early 1900's was a very hard task for most black people. The lack of education was one of the hardest hills they had to overcome to make it in a world dominated by whites. The story centers upon one 17-year boy who has very low self-esteem caused by his peers. He believes that owning a gun will gain him respect with others and thus make him a man. The title of this short story has several different ways of being interpreted because the time and atmosphere in which it was written. The short story was written in first person narrative, which gives a graphic account of the personality of the character Dave. The short story is also written in a dialect of an uneducated black boy which gives the reader the feel of what is was like to be that young man back in the early 1900's. The stories title The Man Who Was Almost a Man holds many different meanings to how Dave must have felt back in those times. Dave's struggle was man versus society in an era where his skin color meant more than his actions. He was unable to interact with the white society and was outcast by his peers because of his age. He believed at this time in his life that being a man was the more important than life itself. Buying a gun and learning to shoot was his solution to becoming a man. This was not the case though. The first time he fired the gun it numbed his hands and fell to the ground. He also shot Mr. Hawkin's mule, which he was unable to cover up. Now everyone would know what he had done which would give his peers a bad impression of him. He would not gain their respect, nor... ... a man. Life was hard back then and being accepted played a big role in all blacks searching for that one thing that would make them accepted within their society. Works Cited Blau, Eleanor. "The Works of Richard Wright, This Time Published as Written." The New York Times 28 Aug. 1991, final ed., sec. B: 1-2. Brignano, Russell Carl. An Introduction to the Man and His Works. Pittsburgh: University of Pittsburgh Press, 1970. Fabre, Michel. The World of Richard Wright. Jackson: University Press of Mississippi, 1985. Hannon, Charles. "Teaching the conflicts as a temporary Instructor." College Literature 6 (1997): 126-141. Joyce, Joyce Ann. Richard Wright's Art of Tragedy. Iowa City: University of Iowa Press, 1986. Walker, Margaret. Richard Wright, Daemonic Genius: A Portrait of the Man, a Critical Look at His Work. New York: Warner Books, 1988.

backstreet boys :: essays research papers

Backstreet Boys   Ã‚  Ã‚  Ã‚  Ã‚  In a world full of imitations, the Backstreet Boys are definitely not just another fabricated, bubblegum-pop boy-band, but are a multi-talented group of real musicians. With each Backstreet Boy having his own unique experiences in such areas as: acting, singing, modeling, and playing instruments, it is obvious that it would add flavor to their phenomenal voices, and lead them to fame and fortune. â€Å"Honestly, looking at them for the first time with their country, down to earth, all American boy image, I thought they were out of their heads. Eventually, their vocal abilities and their passion for music changed my mind,† stated their former manager, Johnny Wright on VH1 Music Television. Although it may seem as if success was easily handed over to them, these five regular guys from Orlando, Florida experienced many struggles on their bumpy road to the top.   Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬Å"They are liked and have such a huge following because of the diverse group of boys represented,† Kayla Jones stated in a personal interview. Despite their success in being number one in thirty-eight different countries, each member had his fair share of struggles before reaching his status in the Backstreet Boys (Gold Collector’s Series Entertainment Magazine). Leaving their mark on the world was not as easy as it may seem. Each member comes from a different background with influences ranging from Latin to even Blackfoot Indian (Krulik, 11). What brings such a young and talented group of guys together is their love and passion for music and the stage. Ashufta 2 Nicholas Gene Carter, better known as Nick from the Backstreet Boys, was born in Jamestown, New York on January 28, 1980 (Golden 61). Being born in the same hospital as Lucille Ball, it was inevitable that he was destined for a career in show business. Shortly after his birth, his family moved to a dream house in Orlando, Florida. It was there that Nick truly developed his skills and desires for the entertainment world. He experienced the different aspects of show business including: singing for the Tampa Bay Buccaneers halftime shows, acting in Phantom of the Opera, winning talent shows, and even working for Nickelodeon and the Disney Channel (Golden 64). Despite of his accomplishments, he was still unsatisfied and was determined to discover his ideal job in the spotlight. The rebel of the Backstreet Boys, Alexander James (A.J.) McLean was born on January 9, 1978 in West Palm Beach, Florida.

La Cancion de mi Corazon :: essays research papers

Memories to me are songs that play over and over again in my head. My heart keeps the beat and notes fall from my breath. After awhile not even the physical self exists. My soul is squashed between bars and lines. Sometimes I’m running, other times I’m resting. I see images flash by in four-four time then three-four time then six-eight time†¦there is no pattern. Erratic sharps lift me up and make me smile only to become flat again and drop me back into confusion. Confusion is the endless melody that carries on in my blood. The music stops only when I think of him, my lost harmony, my Che†¦   Ã‚  Ã‚  Ã‚  Ã‚  My father would hold me on his lap and tell me that the wind whispered of change. He said the sun was beginning to light the way to a new path for Cuba. He’d tell me the water was stirring in anticipation of underground action. These things bounced off me and rolled into unswept corners of my mind. When my father spoke to me each day I was too preoccupied chasing chickens (add more detail bit about chasing chickens). Now that I think back to those times I realise my father spoke more to reassure him self than me that the country would find its glory.   Ã‚  Ã‚  Ã‚  Ã‚  My mother was less optimistic about the future improvement of Cuba. Perhaps this was due to the realities of our current standard of living. My mother’s bitterness splashed down upon us as she complained of the lack of a morsel of meat in the house. She complained of our scrawny chickens and how my father sold their eggs. Many times as a child I would hear her say to my father â€Å"How can I raise our children to be strong when you sell our eggs and bring home no meat?† My father would sigh and in a tired voice would reply â€Å"Tomorrow will be better.† But it never seemed to be. I suppose though that no matter how destitute a child’s life is one’s imagination can serve as a comfort. I would stave off hunger by flipping through my recollections of life beyond the rural land of Mantanzas. The city of Havana, despite the crime and corruption, held me firmly fixed in fascination. The last time the city came into my sight my mother was buying a new dress. She seldom bought machine made, market quality clothes.

Facebook Essay

In the 21th century, one of the era in which science and technology evolving, the world economy is becoming globalized, so the connection between the people together is a breakthrough idea. At 19, Mark Zuckerberg came up with a new way for college kids to connect–and started an online revolution. Now 23, he’s trying to build out his business without losing its cool. Now, people call his idea is social network and in the world have a lot of social network; however, Facebook (www. facebook. com) and Twitter (www. twitter. com) are the most popular people use to connect each other around the world. Almost people think Mark Zucketberg is stupid when create Facebook because Yahoo (www. yahoo. com) and Hotmail (www. hotmail. com) is the greatest tool for people can chat and email each other. Moreover, Google (www. google. com) is the big company about advertising, email, search tool†¦So Facebook have a lot of company to competitive on the internet. Today, I will introduce about how Facebook get the money, gradually become the best social network. People use Facebook to chat, post news and create group to connect with friend or another people same hobby, purpose. Facebook cooperate with Zynga, the company No. 1 developer of Facebook applications and Farmville and Mafia War become the most popular people play around the world, to make people more enjoy when use Facebook like they can play game with each other. Facebook began testing its virtual currency was called Credit, people can use Credit to trade, buy item in game or give as gift for their friend. People can buy Facebook credit through use Credit card or go to the store like Target or GameStop to buy it. Facebook have more than a million other application run on the site, so they have plan to use Credit to charge for access to certain features or to things like music, videos or news articles. The potential for using Credit can use it to pay beyond the Facebook site, some website allow people use Facebook to log in instead create new account and fill again information that make people feel annoying. People create account in Facebook and get Credit in it, so they can log in any website with Facebook account and purchase something by using Credit they have in Facebook account. In addition to innovations in Credit for users can easily pay, Facebook is a place where investors are spending a lot of money to advertise. For example, South Africa’s FNB Bank (FNB) use Facebook a marketing and customer service channel, and found an overlap between its mobile banking customers. There are more than 4. 7 million active Facebook users in South Africa (out of 50 million total population), and more than 150,000 FNB Facebook fans, giving the bank a readymade market for social media banking. Facebook bring more customers to the bank and more people know about Facebook, so they have Win-Win situation for both side. Facebook‘s revenue is more higher when more people tend to use Credit and Advertising in Facebook site. In the Third Quarter in 2012 of Facebook was published in www. Morningstar. com, the revenue about $1,262 million increase of 32%, compared with $954 million in the third quarter of 2011. Facebook was successful when more people use Facebook as web game, chat, watch news, pay web, email†¦ For investment, they look Facebook as a growing company, the investment worth it to spend money. In the stock market, when Facebook shareholder IPO in May with price $38, and then fall down like slide down the snowy mountain. More investment feeling frustrate Facebook because Yahoo and Google, in the era of the internet boom, it must thrive instead upside down as Facebook. However, after half year, FB become a name people want to talk about again when these stock fall down lowest $16 and move to $27 now. In my opinion, Facebook will be grown up in the future like Google or EBay, because Facebook have a lot of way to do in the future. Mark can add search tool like Google in Facebook site that now just only find friend and company page (advertising). Facebook can become an mixture: apart of Google for search tool and advertising, a part of PayPal using Credit to purchase, a part Yahoo that can chat and email for each other. Moreover, social network is more population in this century, so Facebook will become a big company in the future and when everyone use Facebook like a part of live; Facebook will be an intermediary between customer and company, between government and citizen, between school and student†¦ Finally, people cannot deny that Facebook brings utility like connect people around the world, connect customer and business, bring more entertainment for user, and bring benefit for investment. Facebook accounted for the top spot on the social network, because of the relentless creativity as Timeline, create Credit as currency online, bring more opportunity for business that they can marketing to everyone around the world by Facebook. As Bill Gate, Steve Job, Mark Zuckerberg will be add in the history business who create social network and make it will bring many future breakthroughs of the 20th century.

Mary Shelley & the novel Essay

More quotes to indulge the reader’s thoughts of negative views for the monster are said by the doctor. ‘I turned loose into world a depraved wretch, whose delight was in carnage and misery ‘. Here Frankenstein says that the monster enjoys evil and gains pleasure from it. This gives a very negative appearance of the creature to the reader as they will think every act which is bad the monster loves it. From all the negative comments which were said by Frankenstein, seems to change the reader’s thoughts at the start of chapter 11. From the beginning of this chapter it clearly shows that the monster is not one to be judged at first sight. He says, ‘I saw, felt, heard, and smelt, at the same time; and it was, indeed, a long time before I learned to distinguish between the operations of my various senses’. This speech which the monster says expresses a different light to the novel. He explains how the sense of sight, touch, hearing and smell were a new thing to him and how long it took for him to differentiate between the various senses he possesses. All these qualities fit for another being as well as the monster. A baby will also have these qualities when he/she enters the world for the first time. So this quotation shows how Mary Shelley compares the monster to a new born baby. She has done this because it’s another way to convey that the comments which were made by Frankenstein are just opinions not facts. She also gives the monster a chance to speak for him and tell his side of the story. Another way Mary Shelley presents the monster as a new born baby is when the monster describes his development. ‘I now found that I could wander on at liberty, with no obstacles which I could not either surmount or avoid’. Now the monster describes how freely he can roam around places and how he is able to make his way through solid obstacles showing his improvement of eyesight. Mary Shelley presents the monster like this because she still compares the monster to a new born baby. Like the monster a new born baby would gradually learn how to walk and learn how he/she can see obstacles in their way. Further ways the author compared the monster to a new born baby is when the monster describes him having the same qualities as the baby. He quotes, ‘I felt tormented by hunger and thirst’ and ‘was overcome by sleep’. These two quotes are qualities of a baby. A baby would feel hungry and thirsty most of the time and would feel sleepy during the day and night. These actions the monster also felt. Also in another quotation, the monster describes himself as an infant instead of a baby. This quotation is, ‘In my joy I thrust my hand into the live embers, but quickly drew it out again with a cry of pain’. Here the monster had just found a fire which was left behind and in the cold he decided to make himself warm but seating by it. Overcome by joyful sensations he drove his hands into the flames making the fire extinguish. This shows he’s like an infant because when an infant would make a mistake, the infant would cry and weep. Similarly like an infant the monster made a mistake and cried in a painful manner.

Checkpoint Childhood Development and Sexual Behavior

Checkpoint: Childhood Development Sexual Behavior 05/06/2012 Psy/265 Christopher Griffin The sexual behaviors found in fetuses and newborns are that male fetuses have erections. Both male and female fetuses will suck on their fingers. In infancy stimulation of the genitals may produce sensations of pleasure. Early as 8 months of age pelvic thrusting has been observed. Additionally, masturbation has been observed between 6 to 12 months of age. Sleeping with your infant does not affect sexual development. In early childhood statistics in regards to masturbation at ages 3 to 8 is based on perception.Early in childhood children show their interest in the genitals and may role play. Same sex sexual activity play is more common than in heterosexual play and does not play a role in sexual orientation. In preadolescent it has been observed that preadolescents socialize with same sex friends and become self-conscious about their bodies. Preadolescent’s primary method of obtaining orgas m is masturbation. Sex play in preadolescence involves displaying of genitals by both parties involved and can be with or without touching.Preadolescent same sex sexual behavior is short lived and mostly for exploratory purpose. In adolescence the major sexual act is masturbation. Adolescents use petting as a pathway to obtaining sexual satisfaction without the possibility of pregnancy or ending their virgin status. Premarital sex has increased mostly in females and very few adolescents report their sexual experience with individuals of the same sex. These encounters have been known to be transitory for the adolescent. Gay adolescents have a much harder time because of stigmatization of society.

The Ultimate Punishment: a Defense by Ernest Van Den Haag

The Ultimate Punishment: A Defense by Ernest Van Den Haag In The Ultimate Punishment, Van Den Haag talks about the death penalty in the United States and takes the stance that it is morally justifiable and sometimes needs to be a punishment that is used to gain retribution. He states, â€Å"It ends the existence of those punished, instead of temporarily imprisoning them. † A murderer has taken away the lives of other people, as well as punishing the family members indirectly causing them pain. Therefore not only is this retribution to the person who was killed, but also to the people that the victim was survived by.The first section of this article is about distribution of equality. Van Den Haag states, â€Å"The ideal of justice demands that justice be equally distributed, not that it be replaced by equality. Justice requires that as many of the guilty as possible be punished, regardless of whether others have avoided punishment. † In other words justice to him is the idea that everyone will ‘get what they deserve’ or ‘an eye for an eye’ type of treatment. And even if somehow others have slipped through the cracks that doesn’t mean we should let more people do it too.Also that just because a few people have been wrongfully murdered it is part of the better good because of the number of people that have been rightfully convicted. Deterrence is also a big part of his views on the death penalty. â€Å"I believe the death penalty, because of its finality, is more feared than imprisonment, and deters some prospective murders not deterred by the threat of imprisonment. † Therefore if one person’s life is saved by the deterrence factor of a potential murderer not killing due to being afraid of the death penalty it is well worth it.Justice is also brought up in the last section of his article. Ernest believes that if you decide to commit the crime and still knowingly commit it when you know your consequences then why would you not be forced to suffer them? The following quote from Van Den Haag sums up his thoughts on the topic in one line, â€Å"By murdering, the murderer has so dehumanized himself that he cannot remain among the living. The social recognition of his self-degradation is the punitive essence of execution.

Discussion#4 Essay Example | Topics and Well Written Essays - 500 words

Discussion#4 - Essay Example ty as a human being that prompts Bonaparte to remark â€Å"and I was somehow very small and very lost and lonely like a child astray in the snow.   And anything that happened to me afterwards, I never felt the same about it again† (OConnor 1163). As opposed to this, in the story of â€Å"Another way to die† an innocent bystander – a veterinarian – examines a soldier to check whether he is dead, when all of a sudden the almost-corpse grabs him with a death grip and topples him into a pit containing eight dead men. This cold clasp of death is the spur that makes the veterinarian think, â€Å"I’ll never get rid of this coldness again†. This quote is prompted by the veterinarian’s unwitting close brush with death, which leaves him uneasy from its clammy grip, while the changed feelings in Bonaparte arise from natural inner shame at his act of killing a man who had become a friend. The context of the two statements is therefore quite different and does not support a conclusion that both of them are similar people. Bonaparte is a soldier fighting a war, the veterinarian is a doctor who is involved only peripherally in the war. Bonaparte has taken action and killed a soldier friend, the veterinarian did not kill anyone, he was a doctor who was checking the pulse of a dead man. While Bonaparte as a soldier was involved in the business of taking lives, the veterinarian as a doctor was involved in the business of saving lives. Bonaparte killed his good friend even in a different setting – a remote boarding house. The veterinarian is also located in a zoo setting rather than directly on the battle field but he is close to the war because he soldiers move through the area each day, yet even in this war setting, he is saved by the very same lieutenant who had just buried four men and ordered the killing of four more. The dissimilarities between the men also arises out of the context within which the two stories are placed, despite the fact that both of them were

Anorexia Nervosa Essay Example | Topics and Well Written Essays - 1000 words

Anorexia Nervosa - Essay Example The patient thinks that he/she should not eat because if he/she does, he/she would gain weight and ruin his/her looks consequentially. Methods commonly employed to lose weight include but are not limited to excessive exercise, dieting, and medication. Anorexia Nervosa means "nervous loss of appetite". This definition is not particularly good since it is based on misunderstandings. The people who suffer from Anorexia Nervosa do not at all have lack of appetite, they are only scared of putting on weight. Anorexia nervosa was first explained in 1684, though it was not determined with its own diagnosis until 1870 (Gehlin, 2008). Birth of this new health disorder generated was associated with the changes that took place in society over the centuries. Young women began to idealize extremely slim and smart women. Slimness became the measure of beauty, and to be called beautiful, a woman had to be necessarily thin. Much of the history of anorexia nervosa is shaped by the looks conscious cult ure. That is the reason why anorexia nervosa is more common today than it has ever been in the past. Another evidence for the role of culture in the spread of anorexia nervosa is that a vast majority of the victims of this disease are models from the fashion industry, which sets the trends for people to follow in general. In the contemporary age, to be thin is to be fashionable. Media advocates slimness. Various slimming techniques are employed to achieve the ideal figure, the unsuitable ones of which lead to such eating disorders as anorexia nervosa. In addition to the belief that slimness is something to take pride in, the immense reliance upon the technology in the modern age reduces the body’s need to consume food as no energy is wasted in doing things manually. Media is ingrained in the life of an individual living in the modern era. Media’s emphasis on exercise and fitness naturally inculcates an urge to become smart, and the eating habits accordingly developed i ncrease the individual’s susceptibility to acquiring anorexia nervosa. Media’s influence upon society has made anorexia nervosa an important community issue. Treating the patient of anorexia nervosa requires the community health nurse to exhibit a unique and enhanced level of health care. The community health nurse needs to be more of a counselor than a regular health care provider. In order to start the treatment, the patient needs to be made aware of the fact that he/she is ill, both physically and mentally as the patients usually deny having any disorder at all. Most patients do not opt for the treatment unless the case becomes extremely obvious and dangerously severe. Healthypeople.gov is an organization that sets up healthy objectives for our nation. Some of the objectives identified by Healthypeople.gov (n.d.) for 2020 are 1. Increasing the adolescent population that takes part in the out-of-school and extracurricular activities. 2.  

Richard Cory from a Nineteenth and 20th Century Perspective Essay

Richard Cory from a Nineteenth and 20th Century Perspective - Essay Example The words have evolved from a nineteenth century idyll on a mysterious and respected man of a class admired from afar, to a modern icon of privilege, greed, self aggrandizement and abuse of position at the expense, as it is seen, of the common working man. There is clearly a connection in the struggle of the working classes prominent in American realism both at the turn-of-the-century and in the 1960s when Simon and Garfunkel wrote their lyrics. However, we see from the reaction of the speakers a growing sense of hopelessness and anger over time from Robinson’s character who, while going â€Å"without meat,† and cursing â€Å"the bread,† still await â€Å"the light.† (Robinson 13-14). For Simon and Garfunkel’s character there seems no hope, no â€Å"light† as they say, â€Å"And I curse the life I’m living and I curse my poverty† (Simon and Garfunkel 6-7). As an extension of the realism of the nineteenth century, Robinson can be placed at the beginning of the â€Å"naturalist movement,† which sought to write â€Å"about the fringes of society, the criminal, the fallen, the down-and-out, earning as one definition of their work the phrase sordid realism† (Penrose par. 18). ... 3). Simon and Garfunkel, from a more acerbic, less flattering perspective suggest Cory as a superficial product of being â€Å"born into society, a banker’s only child† (Simon and Garfunkel 3), hardly a gentleman whom, it is rumored, hosts â€Å"parties and orgies on his yacht† (Simon and Garfunkel 14). While Robinson’s rich man is almost ethereal, the other is portrayed as a negative product of wealth and power—an advantage despised by the narrator who complains: I work in his factory And I curse the life I'm living (Simon and Garfunkel 27-28) From an historical perspective this difference in viewpoints projects the naivete of earlier times when the rich were placed on pedestals, and by the sixties were viewed in a less positive social light. Instead of Robinson’s main character as a man â€Å"possessed by disgust and self pity† (Kaplan 36), Simon and Garfunkel’s character is a self aggrandizing, morally bankrupt product of wea lth and privilege. Neither man can assuage their consciences: Simon and Garfunkel’s although he â€Å"freely gave to charity† (Simon and Garfunkel 23), nor Robinson’s, though he condescended to greet his lesser beings with â€Å"Good-morning† (Robinson 8). The overriding sense in reading both the poem and Simon and Garfunkel’s lyrics is one of irony, though in Simon and Garfunkel’s the reader gets a better glimpse of the man. Yet according to P. Cohen, Robinson’s â€Å"Cory† is the perfect parable set against the perfect irony that pervades the work. P. Cohen writes: â€Å"Richard Cory†Ã¢â‚¬ ¦[illustrates] how we, as individuals, should cherish that which we have, because the truly important things in life can be lost if our attention strays to envy.