Saturday, December 28, 2019

Freedom of Speech Must be Granted for All Americans Essay...

Freedom of Speech Must be Granted for All Americans An educated family man dedicated to saving lives and easing the suffering of others was shot down and killed in the early morning light outside of his office simply because of his beliefs and the job he performs (ABC News). There was rioting and death in a distant country resulting from the remarks of a religious speaker (ABC News). A businessman on a plane trip was taken from his seat without explanation and interrogated for hours based solely on his nationality (CNN). Caught on videotape, an uneducated man was beaten senseless due to the color of his skin by those sworn to protect him (ABC News). A mother weeps; her loving, sensitive teenage son was killed by a mob because of his†¦show more content†¦No, they cannot. However, they can and do guarantee us protection of our rights, and the extremists guilty of committing the acts of violence and terror in the prior paragraph were brought before the courts of our land and punished for their crimes against humanity. Our system, government, media, and leaders, through the interjection of an intolerance and non-acceptance policy towards individuals or groups with the desire to trample on the rights of our nations minorities, have set forth the maximum protection for minority groups. The people of our nation have followed their leaders in acceptance or at least toleration of minority groups beliefs and rights whether based on sexual preferences, skin color, religion, or a womans right to abortion, etc.. As a great nation and leader of the free world, it is our governments and the peoples responsibility to protect all law-abiding citizens from discrimination regardless of their differing views. We as a nation have accomplished the protection of minorities rights even though we are not always able to protect each individual. Our governments focus on the protection of even the smallest minorities rights have led to greater freedom and acceptance of differences while leading the way for individuals to voice their views and beliefs without the fear of unjust repercussions. To deny any individual or group the right to voice their views in a peaceful, non-violent, and non-threateningShow MoreRelatedQuarantine Speech And The Four Freedoms1481 Words   |  6 Pagesthat FDRs Quarantine Speech and The Four Freedoms† encouraged all the American people to support participating in World War II to preserve peace, democracy and morality, while Rockwells paintings encouraged buying war bonds by speaking to the wealthy middle to upper-class white Americans to preserve their liberties and basic rights. In both Quarantine Speech and The Four Freedoms speeches, FDR speaks repeatedly of freedom and peace being threatened and how the war must be realistically viewedRead MoreFlag Desecration Amendment1317 Words   |  6 PagesCentral Texas College| Political Review One| Flag Desecration Amendment| Dr. Karen Waugh| Jamorion Stanford| 9/17/2012| Flag Desecration The American flag is one of the most recognizable symbols this country has today. As children, we learn in school to cross our heart with our right hand and recite the pledge of allegiance to the United States of America, while facing the flag, a beloved symbol. As a soldier in the United States Army, I proudly wear a flag as a part of my ArmyRead MoreFirst Amendment and Free Speech Essay1544 Words   |  7 Pagesto free speech based on three different Supreme Court cases and how there are varying examples of free speech. In the case of Snyder v. Phelps, Snyder sued Phelps, the Westboro Baptist Church, for intentional infliction of emotional distress, invasion of privacy by intrusion upon seclusion, and conspiracy because the church set-up protest outside of his military son’s funeral service (Chen et al., 2010). Another side of free speech involves a case which allow schools to restrict speech that isRead MoreHate Speech Should Be Made Illegal1351 Words   |  6 Pages â€Å"GOD HATES FAGS† is the kind of hate speech used by the members of Westboro Baptist Church to grab headlines and national attention. The public backlash against them has been almost universal. The public opinion that it is reprehensible and unnecessarily hurtful is at the center of the debate on whether or not some hate speech should be made illegal. An interesting side effect is it can have a polarizing effect for good. It can bring people together to stand up against the person or group speakingRead MoreFree Speech Is The Cornerstone Of The American Freedom1719 Words   |  7 PagesThe American lifestyle has always included the freedom to speak freely. This freedom, granted by the 1st amendment, can be viewed as the cornerstone of the American freedom since without it most of the other freedoms Americans enjoy become less useful or even obsolete. The issue that many find with free speech however is that everyone must have it even if that person holds an opposing opini on. This mutual respect is the foundation for civil discussions and debates that shape the country and evenRead MoreFreedom : Freedom Of Speech And Freedom Of Speech1167 Words   |  5 Pagesdetermining how much freedom the citizens in a society has. Throughout history we have seen many different type of governments that include North Koreas’ dictatorship to the United States that has a government based on principles of democracy. In societies that have democratic governments such as the United States, England, France, and many other western European countries, the citizens have a high degree of freedom of speech. In addition, these people are allowed to have a high degree of freedom of thoughtRead MoreMartin Luther King Jr. Essay1573 Words   |  7 PagesKing Jr. gave his now famous â€Å"I Have a Dream† speech in 1963 for the March on Washington. Born to a Baptist minister in Atlanta, Georgia, King became a Civil rights activist who promoted peace rather than viole nce. His background before being known as the civil rights activist was being the first president of the southern Christian leadership conference, then became the leading spokesman for the civil rights movement. King preaches to fight for freedom with dignity and discipline. He later speaksRead MoreCompare IVe Been To The Mountaintop And Martin Luther King Speech1281 Words   |  6 Pages Shakespeare once said, â€Å"All the worlds a stage, And all the men and women merely players; they have their exits and their entrances, and one man in his time plays many parts†. During the Civil Rights movement, unity was an essential theme to fighting racism; and was equivocally important, during the period, when Shakespeare was living. However, throughout King’s speeches, he utilizes rhetorical devices to convince the American people into joining his non-violent fight against racism and illustratingRead MoreCivil Liberties and Civil Rights Essay1296 Words   |  6 Pagescivil rights) If the fires of freedom and civil liberties burn low in other lands, they must be made brighter in our own. If in other lands the press and books and literature of all kinds are censored, we must redouble our efforts here to keep them free. If in other lands the eternal truths of the past are threatened by intolerance, we must provide a safe place for their perpetuation. Franklin Delano Roosevelt, 1938 (Isaacs 66) Freedom of speech, freedom of religion, the right to be freeRead MoreMartin Luther Kings I Have A Dream Speech : The Rights Of Freedom877 Words   |  4 Pagesgame where one is given the freedom to play as they want , the freedom to live life as they please. Universally each nation has a government and it has its laws which will grant some people the basic rights of freedom and others are denied to the access of these rights. Many other people say otherwise because they dont know of the treatment other governments provide to their people and what they are given. Freedom is an illusion where it seems to be that some but not all people are special enough

Friday, December 20, 2019

The Differences Between Charlemagne And Augustus - 1088 Words

Charlemagne and Augustus were separated by many centuries (seven), in that time many changes occurred in both culture and lifestyles. Charlemagne and Augustus had a few similarities but many more differences. Examples of the similarities would be they both ruled large empires with close to the same amount of territory governed. To rule these large empires they both had to fight off rival kingdoms/empires/tribes. They were also similar in they inherited their respective territories. However, their motivations for pursuing these themes differ, for example Charlemagne was motivated to build his Empire because of his devout Christian faith. On the other hand the pagan Augustus was motivated by the gaining of political power and influence within the intriguing world of Roman politics and not the forced conversion of others to his religion. Charlemagne and Augustus used their large militaries to expand their vast empires. Charlemagne was considered a warrior king. He would lead his army i nto all of their battles. During the thirty three year war (772- 804) with the Saxons he lead every battle except for two. Those two battles were at Detmold and at the bank of the river Hase. The enemy were so routed and overthrown in these two battles that they never afterwards ventured to take the offensive or to resist the attacks of the King, unless they were protected by a strong position. The Saxon war is the Frank s most well known war. The Franks and Charlemagne also fought in otherShow MoreRelatedEuh Essay Exam2414 Words   |  10 Pagessome will not. Some people can live their entire lives following the rules of the land. However, a land without laws would be a land of chaos. 2. What were the contributions made by Octavian Augustus to the Empire? Why is his reign considered the true beginning of the Pax Romana? Octavian Augustus’ reign is considered to be the beginning of the Pax Romana because of all the contributions he made to the Empire. The Romans generally spent most of their time at war, either with each other orRead MoreCharlemagne Or Charles The Great1525 Words   |  7 PagesCharlemagne or Charles the Great, (747-814) was one of the most significant people during the Middle Ages, playing a key role in defining the shape and character of Medieval Europe. Considered the ‘Father of Europe’, Charlemagne reigned as King of the Franks (768-814) and became the first Holy Roman Emperor (800-814). He created a great empire as he dramatically expanded the Frankish Kingdom in a series of conquests that united most of Western Europe for the first time since the Roman Empire. HeRead MoreCriminal Vs. Civil Law2382 Words   |  10 Pagesmaintained, this began a wage earning system. 11.Augustus Caesar → Charlemagne a.Augustus Caesar was the nephew of the infamous Julius Caesar, and rose to power after his uncle was assassinated. Augustus joined an alliance with Marc Antony and Marcus Aurelius. When Marc Antony married Cleopatra in Egypt, the trio collapse and Antony and Cleopatra commit suicide in an attempt to flee Caesar. This leaves Augustus in control of Rome. Similarly, Charlemagne was the son of a prior ruler, King Pepin theRead MoreThe Collapse Of The Western Empire1428 Words   |  6 Pagesdeveloping since Constantine had moved the Eastern empire capital into Byzantine. These two halves of the once Roman Empire held very different ideals on how authority should be viewed and how a government should be formed. These difference lead an increasing sharp tension between the East and West that to some regards can be seen in today’s society still. Why did the Eastern Empire collapse? There were many factors that contributed to this ultimate destruction of the Empire. According to one of our handoutsRead MoreTheology- Church and Sacraments4375 Words   |  18 Pagescommunity was the beginning of the Church as each apostle begins the journey of spreading His Word to all nations. Despite the universal acceptance of the many, it had not always been as acceptable as it is now, before in Christ’s time. The division between Jews and Gentile had been in continuous tension since then. After the death and resurrection of Christ, the apostles had received the Holy Spirit which enabled them to receive the knowledge of His Word and began to preach immediately afterwards. Read MoreAp World History Units 1-3 Study Guide Essay4374 Words   |  18 Pagesshipped textiles and metal goods to the ancestors of the Turks and Mongols in the steppes and received what in return? * Horses 46. Which of the following is a key philosophical and religious element of Daoism? * Emphasis on harmony between humanity 47. Which of the following describes the major effect of Bantu migrations? * Cultural commonalities in sub-Saharan Africa 48. Confucius argued that * Educations is essential to becoming a refined gentleman 49. TheRead MoreQuestion and Correct Answer7042 Words   |  29 PagesCorrect Answer: |   Ã‚   A mountain | | | | | ï‚ · Question 8 2 out of 2 points | | | What was the Mesopotamian rulers role in religion?Answer | | | | | Selected Answer: |   Ã‚   To act as intermediary between the gods and humans | Correct Answer: |   Ã‚   To act as intermediary between the gods and humans | | | | | ï‚ · Question 9 2 out of 2 points | | | Why is the legend of Sargon I considered a rags to riches story?Answer | | | | | Selected Answer: |   Ã‚   Child abandoned at

Thursday, December 12, 2019

Calculation of Ratios

Question: Explain calculation of ratios. Answer: Calculation of Ratios Average debtor days is the number of days taken by a company to recover its dues from its creditors. It will be given by the formulae (365 Days*Average Receivables)/ Credit sales.(Gibson, 2012) Since given from the statement of financial performance and the ledger, average receivables are 362,500 and also given that credit sales during the year were 1,450,000. Hence Average debtor days would be 91.25. What it implies is that Big Red Bicycle collects its receivables once every 3 months or 4 times in a year. Average debtor days gives an indication as to how efficiently a company is realising its payments, they wouldnt want to have too liberal a policy for extending credit as it affects the working capital capital requirements consequently increasing the need of capital and thereby increasing the costs of financing. Credit days is the number of days taken by a company to pay its dues owed to suppliers and vendors. Like the average debtor days given by the formulae (365 Days*Average Payables)/Cost of sales. Given from the statement of financial performance, average payables are 80,000 and cost of sales were 380,000. Therefore, average credit days were 77.This implies that Big red bicycle were paying their receivables once every 77 days. Usually a difference in credit days and debtor days indicates that the company would be employing more working capital. However that can be industry specific depending on the nature of product or service that a company is offering. Creditor days is a good indicator as to how well a company is making use of credit available to it. It wouldnt want to have a number less than the industry as it would mean that the company is missing out on the use of debt free funds and neither would it want to have a number much above the industry average because it could lead to loss in trade discounts and loss of market credibility. Average stock turnover is given by average inventory or stocks maintained during the year divided by net sales during the period. (Raoa Rao, 2009)Average stock would be given by the average of opening and closing stock. The opening stock is 100,000 and closing stock is 300,000 as given from the statement of financial position. Hence the average inventory is 200,000. The sales are 2,900,000. Hence the average stock turnover would be 14.5. This means that the company does sales which is 14.5 times its inventory. Currently the company is making 50% of its sales in credits which is an extremely high percentage. The company should strive to reduce its dependence in credit sales as it affects its cash flow and liquidity ratios. Also the amount of credit it extends is lower than the extend of credit it enjoys from its suppliers which increases the net working capital requirement and consequently the financing costs impacting rhe overall profitability.The company should seek to achieve parity between the two to ensure better cash flows and better liquidity positions. Current ratio is the ratio between current assets to current liabilities and should the current liabilities exceed current assets it becomes a problematic scenario for the company. In fact current ratio should be comfortably above 1 to ensure that operating expenses are taken care of and financing expenses are also met. At the current policy of extending credit to debtors the company is subjecting itself to severe cash crunch which mi ght hamper its operating efficiency. Second recommendation would be to penalize the employees on credit sales and reward the employees for cash sales. To increase the cash flow and ensure smoother operations they can have differential commission systems for credit sales and cash sales without increasing the expenses incurred on the commission. As now the company employs a 5% flat commission rate on sales they can change it to 3.5% for credit sales and 6% for cash sales assuming that this added incentive would result in atleast 25% of more sales happening through cash. The net result would be more cash sales, alebit at the same expenditures on commissions. Since the staff are not trained on credit terms they would initially require some training but they would have to be encouraged to push more cash sales and if they are provided with an incentive of more commissions they would have added reasons to push for cash sales. The three sources of information used for the analysis and to arrive at the recommendation are: scenario information, statement of financial information and ageing debtors budget. Recommendation on Outsourcing decision i)The manufacturing capacity is 8000 units and as given we will assume that the company sells all its units. Since selling price per bicycle is $500. Total Revenues will be 4,000,000 dollars obtained by multiplying the quantity sold with the selling price of one bicycle. Now variable costs are 2 million as given variable cost per unit is $250 and fixed costs are 1,280,000. Hence profit on 8000 bicycles will be 720,000. Now the marginal profit on sale of 1 bicycle from this point onwards is $250. Hence for 280,000 of additional profit more 1120 bikes will have to be sold. Hence total 9120 bicycles have to be sold for a profit of 1 million dollars ii)Total maximum revenues at current level of manufacturing would be 4 million dollars and the fixed costs are 1.28 million dollars. To ensure a profit of 1 million on sale of 8000 bikes the remaining cost of 1.72 million would have to be allocated to the variable expenses. Hence variable cost incurred on per bicycle would 215 dollars should the company want to make a pre-tax profit of 1 million at current manufacturing levels. Since the negotiations with suppliers is going to be difficult it will be really difficult to achieve the second scenario of achieving a pre-tax profit of 1 million dollars at the current manufacturing level. It is also given that the company Big Red Bicycles have an option to shift operations to India where they can manufacture 10,000 units. Since it is also given that they will be able to sell everything they manufacture the should explore the option to shift their operations to India instead of Indonesia as it gives them an opportunity to maximise their profits. Should they be able to manufacture and sell 10000 bicycles it would result in revenues of 5 million dollars and pre-tax profits of 1.22 million dollars after accounting for the variable and fixed costs from overseas operations. Shifting overseas also gives them an option to cut down on their waste disposal expenses which stood at 60,000 for the year 2012. Not only will they save the money on waste removal but the utilizati on of these parts will also cut their variable costs thereby increasing their profitability. Should they chose to resort to this option they would also save on the warehousing costs since the warehousing costs of the currently leased premises is quite expensive. However the potential risks from outsourcing cannot be ignored. Though the benefits from outsourcing are obvious there is significant literature which describes the risks associated with outsourcing.(Kremic, et al., 2011) Hence it is critical for Big Red Bicycle to evalauate the risks at various levels before making the outsourcing decision. The three sources of information used for the analysis are: Scenario Information, Statement of Financial Performance and ledger accounts. Gst liability Generally, for tax purposes, you must keep your records in an accessible form (either printed or electronic) for five years.(ATO, 2016) The table below gives the cash receipts of BRB for the last 3 months. July August September 20,000 10,000 10,000 The table below gives the cash payments made by BRB July August September 4300 5200 5250 The table below gives the credit purchases on which GST were incurred July August September 29300 30500 30250 The table below gives the credit sales on which GST were incurred July August September 180000 204300 150000 Hence to arrive at the total GST liability the total cash payments would be subtracted from total cash sales. Total credit purchases would be subtracted from total credit sales. Hence the table below gives the total GST liability for Big Red Bicycle. July August September 166,400 189,600 124,500 Action Plan Making an action plan is the process wherein planning what needs to be done, when it needs to be node and by whom it needs to be done along with the resurces or inputs nesecarry for it are put into a document in a specific format.It is also the process of stream lining a companies objectives which it strives to achieve. It is a part of a companies planning process. (Shaviro, 2010)We will implement the action plan for the recommendation to decrease BRBs credit sales and improve their credit sales. The person responsible would be Sam Geller, the sales general manager and Holly Burke, the HR manager. The activities undertaken by Sam Geller would be to make the sales team aware of the credit policies and ensure that credit is not extended beyond the 30-day limit. Holly Burke would come into the picture as she has to make sure that the staff is trained and made aware of the companys credit policy and that they dont become too liberal about it like they have been in the past. Right now the company has a very poor average collection period of 92 days which is making their liquidity positions highly vulnerable and exposing them to a lot of financial risks. Apart from that to make sure that more and more cash sales are made. It would require constant monitoring and the first deadline should be the first month of the first quarter to monitor whether receivables arising from credit sales of last month have been realised. Hence we lay down the action plan. Action Step Responsible person Deadline Potential Challenges To decrease the credit sales and improve the average collection period Sales Manager 1st month ending Q1 Might lead to dissatisfaction among some regular customers who are used to the long credit cycles To train the sales team about companys credit policies HR manager 1st quarter ending Might be a time taking initiative and may also incur some training costs To submit a prosposal to the bank to raise money through debt. John Black,CFO 2nd quarter The liquidity ratios would have to be improved before the banks extend credit. References ATO, 2016. GST. Gibson, C. H., 2012. Financial Reporting and Analysis. s.l.:Cengage Learning. Raoa, C. M. Rao, K. P., 2009. INVENTORY TURNOVER RATIO AS A SUPPLY CHAIN PERFORMANCE MEAUSRE. Serbian Journal of Management, pp. 41-50.

Wednesday, December 4, 2019

Principles Of Project Management Samples †MyAssignmenthelp.com

Question: Discuss about the Principles Of Project Management. Answer: The learning in classroom brought an understanding ofproject management concepts, elements and methodologies. It led to understand the tools, techniques and methodologies applied in projects andproject management (PMI., 2013). Project management involves a process of applying skills, knowledge, tools and techniques to project activities to meet project requirements. I learnt that there are several project life cycle stages in a project, and each stage needs specific requirements and methodologies they include: conceptualization, initiation stage, planning, implementation, and closure(Phillips, 2013). There are different types of project categorized into sectors, agriculture, industrial, and education. Projects, and project leaders are faced with several challenges that they need to take considerations. Example of challenges facing project managers include: how do they manage projects with scarce resources? Can project be managed with different stakeholder interests? How is diversity in work force maintained? How can project be managed with changes in technology and environment? Several project managers are employing different methodologies, leadership styles and techniques in order to provide leadership in managing the challenges. During conceptualization stage I was able to learn that a project idea is generated conceptualized. There are several sources of project ideas they can come from market demand, organization need, customer request, technological change, legal requirements, social need and ecological impacts(Gido Clements, 2014). A project manager will then need to understand the environment surrounding the project. The two types of environment are organizational process assets (factors within the project the project manager can control) and enterprise environmental factors (external factors that a manager has no control over)(Andrew, 2014). In initiation phase of the project the scope is define, resources committed, stakeholder identified, project charter is created. The project charter created is a document that authorizes existence of a project and provides a roadmap of project activities(Phillips, 2013). I learnt it is appropriate for project managers to carryout stakeholder management. It is a process takes place to identify the stakeholders affected by the project. Analysis is done using stakeholder power/interest matrix the findings are used to classify them has primary or secondary stakeholders, and are maintained in stakeholder register(Gido Clements, 2014). The planning phase covers an important role in project. It involves establishing the scope, redefining objectives, and creating a course of action. Aproject management plan is created that constitutes several plans for quality, procurement, schedule, risk, communication and monitoring evaluation. Risk plan should constitute how risks are identified, analysis (qualitative and quantitative analysis) and mitigate the risks (share, ignore, avoid, bear). All risks are then reported and maintained in a risks register(Andrew, 2014). Scheduling can be performed by using tools and techniques like work breakdown structure where time and resources are located to activities. During implementation stage activities are performed materials are procured, construction take place, and employees are involved in the activities. There are different types of leadership styles they include: democratic, autocratic, and participative. The choice of leadership style is important because it provides a means of motivating employees to work hard. The democratic leadership provides sharing of decision making between project teams, while autocratic decisions are done by the top management only. The project manager can then develop the project team and maintain a participative approach to the project to ensure sharing of ideas and reduction in conflicts(PMI., 2013). During closure all activities are stopped, objective has been achieved, and project is handed over to the owners. The learning has enabled me to work comfortably as a project manager in employing project tools, techniques and methodologies. In future of project manager is expected to embrace technology in all project operations to increase efficiency. References Andrew, F. (2014). Effects of risk management in projects. New York: Mc Graw Hill. Gido Clements. (2014). Successful project management. Chicago: Nelson Education. Phillips, J. (2013). PMP,project management professional (certification study guides). New York: Mc Graw Hill. PMI. (2013). A guide to project management body of knowledge . Newtown Square: PA: PMI.

Thursday, November 28, 2019

Living By number free essay sample

The summary This case basically explains about the dilemma that faced by Hafiz Hashim who is the CFO of MarineCorp Sdn Bhd (MarineCorp). This company was incorporated in 1992 and was a subsidiary of SURIA. MarineCorp has two wholly subsidiaries which are Green Port Sdn Bhd (GreenPort) and Sungai Emas Port Sdn Bhd. Its main operation was the maritime solutions providers for the SURIA group of companies like provide marine consulting services to SURIA and its related contractors that included those for newly vessels for upstream and downstream oil and gas operations. There are some problems occurred which are the chairman who is president of SURIA want Hafiz to use value based management (VBM) method to evaluate performance evaluation and appraisal of the employees based on economic earnings. Nevertheless, hafiz has different opinion with the chairman. He thought that value company performance should be measured based on investment make by equity and debts holders. We will write a custom essay sample on Living By number or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page It means that they need to see investment based on expected return and cost of capital incurred by company. The protagonist The protagonist or decision maker for this case is Hafiz Hashim. He is the CFO of MarineCorp and responsible to report the financial performance of MarineCorp and its two subsidiaries which are Green Port Sdn Bhd and Sungai Emas Port Sdn Bhd to the company’s board. The major issues There are two main issues faced by CFO of MarineCorp, Hafiz Hashim. First issue was when President of Suria had wanted Value Based Management (VBM) to be used for the Suria Group, its subsidiaries and associated companies. Second, Hafiz was in a dilemma whether to use economic earnings as required by the Group or profits as practiced by MarineCorp to report the financial performance of MarineCorp and its subsidiaries. The problem There are several problems that have been detected happen in the organization. First, CFO faced pressured from GM of Green Port and MarineCorp regarding accounting issues and they urge to improve company’s performance so that both of them could achieved their performance indicator. With regard to GM of Green Port, Anita Osman, she had requested to the CFO to amortize the dredging costs in order to improve the company’s profit for the best interests of the company as well as to achieve her KPI target. However, CFO argued that cost of dredging have to be charged in the financial year they were incurred. Similarly, GM of MarineCorp, Lee Chong Way, he disagreed with the recommendation proposed by CFO to pay dividends to its shareholder because the cash resources are used to generate interest income on fund investments. Besides, the company should focus on improving profit as it is the main evaluation in company’s ranking. However, it is actually his performance target that must be achieved. Second, Chairman also requested him to rank the three companies in terms of their financial performance. But, the questions arise on how it should get measured. For example, use profitability as the sole measurement, identify better performance indicator to ensure fair evaluation or determine specific action to improve performance. Despite to that, the chairman emphasized on the importance of holding onto the group value drivers to ensure survival and success. Third, the Chairman had questioned about the conflict of the registered net profit after tax for the period 2009. Through the CFO analysis, he said that company’s actually destroying its value. Thus, chairman urges him to suggest on how to improve the performance of the company because this contradiction may affect the performance evaluation of the GMs and CEO. The brief description of the case exhibits Based on the Appendix G, the company performance has been measured by Net Operating Profit after Tax (NOPAT), Average Invested Capital, Weighted Average Cost of Capital (WACC) and Capital Charged. Green Port has showing the highest profit, followed by MarineCorp and Sungai Emas Port. Under Value Based Management (VBM), Green Port has showing a negative figure which is -14,588,232, where by Sungai Emas Port and MarineCorp are 5,030,563 and 14,274,611 respectively. This is indicated value has destroyed for Green Port and Sungai Emas Port and MarineCorp are creating value for the company.

Sunday, November 24, 2019

Changes in the Middle East After the World War I

Changes in the Middle East After the World War I Introduction The modern-day Middle East is a caricature of the aftermaths of the First World War. Approximately, twenty autonomous states, which fall under the umbrella of Middle East, still nurse the wound of the historical war (world’s first war). Advertising We will write a custom essay sample on Changes in the Middle East After the World War I specifically for you for only $16.05 $11/page Learn More These countries include Afghanistan, Iraq, Iran, Kuwait, Kyrgyzstan, Lebanon, Pakistan, Bahrain, Oman, United Arab Emirates, Israel, Qatar, Jordan, Turkey, Syria, Saudi Arabia, Turkmenistan and Uzbekistan Egypt and Sudan are still debatable if they belong to Asia or North Africa. During World War I, many nations especially those in the Middle East suffered political instability, social, and economic imbalance. Nevertheless, the First World War spurred the technological development in Middle East nations. After the World War I, most of the countries we re under colonialism; nevertheless, the departure of colonialists spurred civil wars, ethnic wars, boundary disputes, political uprisings, and subsequent economic decline that many of these nations fight to control. Changes in the Middle East after the commencement of World War I Power derangement was the worldwide impact of the First World War and Middle East was no exception. Furthermore, according to political analyst the genesis of the political upheavals in the modern day Middle East dates back in 1914 during the world war (Craig et al, 2009, P.20). The Ottoman Empire an influential political identity in the Middle East, which the Arabians defended, was the main target during the war. Subsequently, after the empire crumbled, the Britain controlled Lebanon, Syria, Iraq, Jordan, and Palestine among other countries in the Middle East (Magnus, 2005, p.40). The involvement in the war by the countries from the Middle East not only led to loss of power but also spurred the economic d ecline and created social problems. The second change set in by the First World War was the technology development in the Middle East. Britain, Germany, and France had adopted the use of powerful machines like guns, bombs and nuclear weapons, which the people of Middle East acquired. The forces/ people from Middle East who participated in the war acquired operating and construction skills for the deadly weapons (Wilbur, 1991, p.50). Consequently, the current technological trend especially in weapons is now on the rise in the Middle East. Therefore, the war led to the acquisition of military personnel, weapons, and fighting strategies in the Middle East.Advertising Looking for essay on asian? Let's see if we can help you! Get your first paper with 15% OFF Learn More The third change set by the First World War is the psychological torture and imbalance by the military personnel and citizens of Middle East. Deaths, insecurity, and family loss led to the victims , civilians, and military to undergo psychological trauma. Moreover, the abrupt change of power from monarchical to colonialism negatively affected the citizens of Middle East. Consequently, the occupation of Middle East by foreigners stimulated anger and frustrations among the citizens. Lastly, racism and ethnic bias started immediately as the world uprising commenced. The creation of sanctions by Britain and France, the crush of the Ottoman Empire and the occurrence of the Armenian genocide exacerbated racial conflicts and ethnicity in the Middle East (Niall, 2006, p.30). Therefore, the occurrence of the First World War was the genesis of all the social, economic, and political problems as expounded next. The rise of each Middle East country and historical overview since the end of the World War I Though not fully involved in the First World War, Afghanistan was always in constant conflicts with the Greeks, Persians, British (Anglo-afghan war) and Mongols among others. The major war that involved Russians in 1980, led to the death and displacement of many Afghanis. Since the end of World War I up to now, Afghanistan has not known peace, civil wars and terrorism have contributed to the poor economic, social, and political stability. On the contrary, Bahrain, which was a British colony (after the First World War) up to 1971, has experienced an economic boom due to availability of political stability, tourism sector and petroleum industry. Although it contains immense natural resources, Iran is a state that has experienced political instability since the end of the First World War. However, it is currently struggling to implement political, economic, and social reforms. Likewise, Iraq has experienced both civil and internally wars, but the fall of Saddam Hussein and control of political aggression by the U.S have led to transition.Advertising We will write a custom essay sample on Changes in the Middle East After the World War I specifically for you for only $16.05 $11/page Learn More Israel is a state that holds the landmarks of all the three main religions (Christianity, Muslim and Jewish) in the world. Nevertheless, ethnic clashes have led to political upheaval since the end of the first war. On the other hand, Jordan was a colony of Britain (after WWI) but gained independence in 1945, which led to the establishment of international trade and economic reforms. In the same way, Lebanon became independent but civil wars due to political instability reigned for sometime. Currently, the state is struggling to reinstate political and economic reforms. Like Lebanon, after independence from Britain Pakistan has been in conflicts with the Indians over the Kashmir region but currently the political reforms and international treaties are in place to ensure there is peace. Besides the Gulf War and colonialism that are now at bay, Kuwait, Oman, Qatar and Kyrgyzstan, are the few nations in the region, which are econo mically stable due to the presence of petroleum industry, modern infrastructures, and natural gas among others. However, Qatar is the nations with the highest income per capita in the Middle East region. Turkey is a nation formed by Anatolian remnants after the fall of the Ottoman Empire. The nation has successfully adopted reforms, which have led to economic prowess. Similarly, Saudi Arabia experiences political instability and economic growth from oil reserves since the end of the First World War. While Tajikistan and Syria after gaining independence from Soviet Union and the French respectively they have adopted economic, political, and social reforms that have led to the nation’s stability. In addition, the independence of Turkmenistan and U.A.E from Soviet Union and Britain respectively, has led to the establishment of autonomous states with economic stability. Lastly, Yemen and Uzbekistan colonies of British and Soviet Union respectively have gained independence and d ue to possession of natural resources, their economic power is on the rise. Conclusion Although most of the countries in the Middle East are lucky to posses’ natural resources like gas, petroleum and minerals, the impact of the First World War I still holds back their economic growth. Advertising Looking for essay on asian? Let's see if we can help you! Get your first paper with 15% OFF Learn More Political instability and social problems like racism and ethnicity are some of the vices acquired during the first world, which the states struggle to control decades after the end of the war. However, a few of the states have put in place reforms to control the problems initiated by the First World War. References Craig, A. M., Graham, W. A., Kagan, D., Ozment, S., Turner, F. M. (2009). The Heritage of World Civilizations. Upper Saddle River, NJ: Pearson Prentice Hall. Magnus, B. (2005). Reclaiming a Plundered past: archaeology and nation Building in modern Iraq. USA: University of Texas Press. Niall, F. (2006). The War of the World: Twentieth-Century Conflict and the Descent of The West. New York: Penguin Press. Wilbur, C. L. (1991). Zeppelins of World War I. New York: Paragon Press

Thursday, November 21, 2019

Environmental Economic, What is the theory of Coase and has it any Essay

Environmental Economic, What is the theory of Coase and has it any bearing on policies for the control of environmental pollution - Essay Example Now when the steel manufacturer makes his balance sheet he won't include these external costs into profit and loss statement for he pays nothing for that. The solution in this case may be that the government tells the company how much it can pollute air or it may impose the taxes depending upon the amount of the pollution it causes, called Pigovian taxes. This was the general theory followed before Coase came up with his theory (The Swedes Get it Right, 1). Coase approach: Coase begins by giving the example of straying cattle, which destroys the crops in the neighborhood land. In this case we get more cattle i.e. the meat at the expense of the crops. Thus we can get either the crops or the meat. The answer lies simply in deciding the value of what we obtain at the expense of value of what is sacrificed. Thus Coase gives prime importance to the value of the product (1). In this example Coase considers various options. Suppose if the value of the meat is more than the value of the crops in that case the cattle raiser may give some compensation to the farmer by mutual understanding. If the value of the crops on the other hand is more than the value of the meat in that case the farmer may build the fencing to protect its crops from the cattle and demand some compensation for doing so. In other case, if the farmer is not using some part of land he may allow the cattle bearer to use that land at some fixed costs agreed upon by both. There is also the possibility that if the cattle bearer finds that by increasing the number of the cattle he can get much more profits and he could easily pay the farmer all the cost of the crop in that case he may just compensate the farmer for completely stopping the growth of the crops. There is one more angle to these discussions. If the farmer had the initial rights to use the land for the crops, then the cattle bearer bargains with the farmer to allow the cattle rising in his vicinity. While if the cattle raiser has the initial rights to raise the cattle in his vicinity then farmer has to bargain with the cattle bearer so that his cattle create least damage to his crops (Coase, 2). In either way, what is important to come up with the solution is the value of the product that is be obtained and of the product that is sacrificed. The greatest thing is that the problem is solved by the mutual discussions and the contract is raised among the concerned parties, which benefits all. Here there is no involvement of the government, no regulations and no political or the beurauracratic proceedings. However, one of the most important things to understand is the fixing of the property rights which plays the dominant role in the success of the Coase method (Swedes Get it Right, 1). In the example considered by Coase the property rights belong to only the two persons, the cattle raiser and the farmer. Here it is quite easy for the two parties to get involved in the discussions and come out with some contract. In case of the example of steel plant if the plant owners have the initial rights to production and create pollution then the residents will bargain with the manufacturer to create the least possible pollution. In this case the residents may make some payments to them to either use some methods to stop the pollution