Keynesian Economics Essays (1689 words) - Keynesian Economics

Keynesian Economics Macroeconomics, part of financial matters worried about the total, or by and large, economy. Macroeconomics manages financial factors, for example, all out national yield and salary, joblessness, parity of installments, and the pace of swelling. It is particular from microeconomics, which is the investigation of the structure of yield, for example, the gracefully and interest for singular merchandise and enterprises, the manner in which they are exchanged markets, and the example of their relative costs. At the premise of macroeconomics is a comprehension of what comprises national yield, or national salary, and the related idea of gross national item (GNP). The GNP is the all out estimation of products and enterprises created in an economy during a given timeframe, generally a year. The proportion of what a nation's monetary action creates at long last is called last interest. The fundamental determinants of conclusive interest are utilization (individual consumption on things, for example, food, attire, machines, and vehicles), speculation (spending by organizations on things, for example, new offices and gear), government spending, and net fares (sends out short imports). Macroeconomic hypothesis is to a great extent worried about what decides the size of GNP, its security, and its relationship to factors, for example, joblessness and swelling. The size of a nation's expected GNP at any second in time relies upon its elements of creation work and capital-and its innovation. After some time the nation's work power, capital stock, and innovation will change, and the assurance of since quite a while ago run changes in a nation's profitable potential is the topic of one part of macroeconomic hypothesis known as development hypothesis. The investigation of macroeconomics is moderately new, for the most part starting with the thoughts of British market analyst John Maynard Keynes during the 1930s. Keynes' thoughts changed deduction in a few territories of macroeconomics, including joblessness, cash flexibly, and expansion. Keynesian Theory and Unemployment Joblessness causes a lot of social pain and worry; accordingly, the causes and outcomes of joblessness have gotten the most consideration in macroeconomic hypothesis. Until the distribution in 1936 of The General Theory of Employment, Interest and Money by Keynes, enormous scope joblessness was by and large clarified regarding unbending nature in the work advertise that kept wages from tumbling to a level at which the work market would be in harmony. Harmony would be arrived at when pressure from individuals from the work power looking for work had offered down the pay to where either some dropped out of the work showcase (the flexibly of work fell) or firms got ready to take on more work given that the lower wage expanded the benefit of recruiting more laborers (request expanded). Assuming, be that as it may, some unbending nature kept wages from tumbling to where gracefully and interest for work were at harmony, at that point joblessness could persevere. Such an impediment could be , for instance, worker's organization activity to keep up least wages or the lowest pay permitted by law enactment. Keynes' significant advancement was to contend that tenacious joblessness may be brought about by an insufficiency sought after for creation or administrations, instead of by a disequilibrium in the work showcase. Such an inadequacy of interest could be clarified by a disappointment of arranged (expected) speculation to coordinate arranged (proposed) investment funds. Reserve funds comprise a spillage in the roundabout stream by which the earnings earned over the span of delivering products or administrations are moved go into interest for different merchandise and ventures. A spillage in the round progression of salaries would will in general diminish the degree of all out interest. Genuine speculation, known as capital arrangement (the creation of machines, industrial facilities, lodging, etc), has the contrary impact it is an infusion into the round stream relating salary to yield and will in general raise the degree of interest. In the prior old style models of joblessness, for example, the one depicted above, insufficiency of interest in the total market for products and ventures (referred to by the short-hand term as the merchandise advertise) was precluded. It was accepted that any inconsistency between arranged reserve funds and arranged venture would be disposed of by changes in the pace of intrigue. Along these lines, for instance, whenever arranged reserve funds surpassed arranged venture, the pace of premium would fall, which would diminish the gracefully of reserve funds and, simultaneously, increment the longing of organizations to obtain cash to put resources into machines, structures, etc.

High Paid CEOs Essay Example | Topics and Well Written Essays - 1000 words

High Paid CEOs - Essay Example A large portion of the CEOs get their compensation with numerous segments. These may incorporate month to month compensation, rewards, investment opportunities, and others. Frequently, when we take a gander at the information with respect to the pay of CEOs, that information remembers for itself the normal estimation of investment opportunities, which is typically a lot higher than the present worth and is set up the governing body envisioning the presentation of the organization (Kay and Putten, pp. 59-61, 2007). Furthermore, numerous CEOs have a lot of their remuneration in type of investment opportunities and that isn't fluid neither does the CEO leaves any morning with his investment opportunities. Hence, the fluid money or variable compensation that the CEOs get is regularly significantly less than what we see and hear through different sources (The Economist, 2010). Most pundits of the CEO pay regularly overlook that like some other worker of the organization, the compensation of the CEO is chosen by seeing his expected set of responsibilities, the affectability of his activity, the position, task importance and the hazard related with it. Understandably, the activity of a CEO is dubious and an unsafe one since history has seen unrests in organizations because of extraordinary CEOs and pulverization of numerous organizations also because of clumsy. In addition, on the off chance that we look this issue from the focal point of a free market financial expert then this issue would stop to exist. These significant compensations of CEOs are something, which the free market has happened upon through market components and market driven powers (Beauchamp, Bowie and Arnold, pp. 158-159, 2008).

Blog Archive Stanford University (Stanford Graduate School of Business) Essay Analysis, 20112012

Blog Archive Stanford University (Stanford Graduate School of Business) Essay Analysis, 2011â€"2012 Before we even begin our analysis of Stanford’s essay questions for this application season, we want to share a quote from Stanford Assistant Dean and Director of MBA Admissions Derrick Bolton that we feel bears repeating and is important to keep in mind with respect to your essays for Stanford or any other school: “Because we want to discover who you are, resist the urge to ‘package’ yourself in order to come across in a way you think Stanford wants. Such attempts simply blur our understanding of who you are and what you can accomplish. We want to hear your genuine voice throughout the essays that you write and this is the time to think carefully about your values, your passions, your hopes and dreams.” At mbaMission, we constantly tell candidates to avoid attempting to portray themselves as something they are notâ€"something they mistakenly believe the admissions committee wants them to beâ€"in their essays. The schools want a class that is made up of diverse individuals, and by pandering to some perceived expectation, you are basically aspiring to create a generic application, rather than one that will separate you from the pack. 1. What matters most to you, and why? Because of the very personal nature of this essay, you should thoroughly contemplate your response before you begin writing. You will need to truly brainstorm in depth and push yourself to explore the psychological and philosophical motivations behind your goals and achievements. We cannot emphasize this enough: do not make a snap decision about the content of this essay. Once you have identified what you believe is an appropriate theme for this essay, discuss your idea(s) with those with whom you are closest and whose input your respect. Doing so can help validate deeply personal and authentic themes, leading to an essay that truly stands out. Once you have challenged yourself and identified your main themes, you should not simply provide a handful of anecdotes that support your ideaâ€"or worse, recycle the stories you used in a similar essay for another school. The best Stanford essays involve a true exploration of the concept or issue posed by the essay question and reveal a thorough analysis of decisions, motives and successes/failures. If you are merely telling stories and trying to tie in your preconceived conclusions, you are most likely not analyzing your experiences, but rather forcing a theme on the readerâ€"and this will be transparent to an experienced admissions committee reader. In short, be sure to fully consider and develop your most sincere answers, outline your essays accordingly and then infuse your responses with your personality, thoughts and feelings. These are the first steps in crafting a compelling essay. 2. What do you want to doâ€"REALLYâ€"and why Stanford? You should address three distinct topics: your career aspirations, the role of an MBA education in achieving those aspirations, and your rationale for earning that MBA at Stanford, in particular. Perhaps we should repeat Bolton’s quote from the beginning of this post: “Because we want to discover who you are, resist the urge to ‘package’ yourself in order to come across in a way you think Stanford wants.” We think the emphasis on “REALLY” in this question is particularly important. Stanford is not looking for a certain type of applicantâ€"it is seeking people with interesting goals and backgrounds. Again, by trying to present yourself as someone or something you are not, you will ultimately undermine your candidacy. Trust the admissions committee on this one! Because Personal Statements are similar from one application to the next, we have produced the mbaMission Personal Statement Guide, which helps applicants write this style of essay for any school. We offer this guide to candidates free of charge, via our online store. Please feel free to download your copy today. For a thorough exploration of Stanford’s academic program/merits, defining characteristics, crucial statistics, social life, academic environment and more, please check out the mbaMission Insider’s Guide to the Stanford Graduate School of Business. 3. Answer two of the four questions below. Tell us not only what you did but also how you did it. What was the outcome? How did people respond? Only describe experiences that have occurred during the last three years. Option A: Tell us about a time when you built or developed a team whose performance exceeded expectations. Although this question is somewhat straightforward, the difference between a strong and a weak essay will depend on your ability to clearly and thoroughly explain the cause-and-effect relationship between the actions you took to create/develop the team and the team’s subsequent effectiveness. For this essay, the team’s specific accomplishment is less important than your role in the group’s success. You must be sure that your essay reveals that you played a direct and integral part in the makeup, character and performance of your team and that your intent and actions had the desired effect. Option B: Tell us about a time when you made a lasting impact on your organization. For this essay, demonstrating the how element of the experience is every bit as important as sharing the results. Consider presenting a before-and-after scenarioâ€"one in which the distinction between the situation with which you began and the situation you subsequently created is clearâ€"and establish yourself as the catalyst for the change. Further, you must demonstrate that your influence was not fleeting, but enduring. Your impact need not have been completely revolutionaryâ€"a change in process that brought efficiency, the establishment of a training initiative or the creation of a new product or service could all workâ€"but it should be indelible. Option C: Tell us about a time when you generated support from others for an idea or initiative. This essay question was tweaked ever so slightly from its past incarnation as one about motivation, giving it a more distinct identity from the other short-essay questions. This option requires that you discuss a more diplomatic side of your personality and describe a situation in which you built support for an idea, rather than simply achieved a clear goal. As is often the case in application essays, the how element is crucial here, and you will need to clearly describe the steps you took to persuade others, offering the details of your actions. As we have discussed elsewhere in our blog and guides, literary conflict is an essential element of any strong essay, and in this short piece, you will need to show that others were originally resistant to your ideas to demonstrate that you were ultimately effective. After all, if you did no more than send one email to persuade everyone to wholeheartedly support you, you obviously did not have to exert much effort to be successful, and this would not make for a very compelling, informative or effective essay. Option D: Tell us about a time when you went beyond what was defined or established. In this essay, you could reveal yourself to be an independent thinker, capable of finding your own “true” path and/or adhering to morals and principles that you hold dear, particularly when those with influence are advising you otherwise. Or, you might describe a situation in which you had a bold vision and achieved your ambitious goals independently, rather than as part of a team (as in Option A). In either case, by creating a clear picture of what was expected of you and then contrasting your choiceâ€"by describing your actions and outlining your reasoning and thoughtsâ€"you can present a compelling picture of yourself as a strong-minded and adventurous “hero.” Share ThisTweet 2011-2012 MBA Essay Analysis Stanford University (Stanford Graduate School of Business)

The Bcg Matrix - 1694 Words

BCG Matrix Opportunity - Threat Analysis Submitted to: Professor Clyde By : Parth Mithani Roll No. 60 F.Y.M.M.S. Alkesh Dinesh Modi Institute for Financial amp; Management Studies. 1) The BCG Matrix The BCG / Growth-Share matrix is a model developed by the Boston Consultancy Group in the early 1970’s. It is a well known tool for a marketing manager. It is based on the observation that a company’s business units can be classified into four main categories based on combinations of market growth and market share, hence the name growth-share matrix. Market growth represents the industry attractive attractiveness, and market share stands for competitive advantage. This helps the marketing manager allocate resources and is used as an†¦show more content†¦* A business with a low market share can be profitable too. To understand this concept more clearly, lets study the BCG Matrix on Nestle: Market Growth Market Share Low High High Low Stars: Cash Cows: Problem Children: Dogs: Nescafe Cerelac Milo Maggi Sauce Kit Kat Bar One Nestle Milk Maggi Noodles Nestea Milkybar Crunch Munch i. Product: Nescafe Position: Star Reasons for present positioning: * Nescafe is one of the leading coffee brands in the Indian market. * It has find a dominance which is unparalleled by any other brand in the country. * Not only does it have a high market share but it growth rate is also significantly high. * The name Nescafe has become generic with coffee. ii. Product: Maggi Noodles Position: Cash Cow Reasons for present positioning: * It is surprising to note that Maggi Noodles, which has found more households of consumption in India that any other country in the world and has become the first preference of Indian children in terms of instant food, is only a cash cow and not a star. * The reason essentially lies in the fact that though Maggi Noodles has a significantly high market share in the Noodles market in India, the market growth * Rate of Noodle consumption is not very high. * Though the number of repeat purchasers is high in case of Maggi, the rate of increase among the new purchasers is not too high. iii. Product: MiloShow MoreRelatedBcg Matrix ( Bcg ) Matrix1409 Words   |  6 Pages(BCG) Matrix. This type of matrix is used to recognize how a company is surviving in different markets. â€Å"The BCG Matrix graphically depicts differences among divisions in terms of relative market share position and industry growth rate† (Jones p. 177). (See Appendix D for and example BCG Matrix). Under Armour has two areas that are a major star for the company. Stars, represent the organizations best opportunities for growth. According to Williams (2015) Under Armour is continuing to seeRead MoreBcg Matrix1487 Words   |  6 PagesWhat is BCG matrix? The BCG matrix is a chart that had been created by Bruce Henderson for the Boston Consulting Group in 1968 to help corporations with analyzing their business units or product lines. This helps the company allocate resources and is used as an analytical tool in brand marketing, product management, strategic management, and portfolio analysis. Analysis of market performance by firms using its principles has called its usefulness into question, and it has been removed from some majorRead MoreBcg Matrix944 Words   |  4 PagesInternational Marketing – 3rd Assignment Portfolio Analysis Region 4 (Italy) June 2011 1 Portfolio Analysis – The BCG Matrix The BCG Matrix is a market growth-market share matrix developed by the Boston Consulting Group, which is used to support strategic decisions in order to optimize a business portfolio with regard to new, old, innovative or established products and/or strategic business units (SBU). Its underlying theories are the experience curve as well as the product life cycle. HavingRead MoreMatrix And Analysis : Bcg Matrix1361 Words   |  6 PagesBCG Matrix Business Unit Matrix and Analysis This matrix chart seeks to help companies analyze their individual business units or product lines to determine how to allocate internal resources. This matrix is used most frequently in brand marketing, product management, and strategic management within an organization. The matrix divides each product or business unit into four different categories based on a combined analysis of market growth and market share (Rothaermel, 2015; Ioana, Mirea, BalescuRead MoreGoogles Bcg Matrix1027 Words   |  5 Pagesappliance, mobile search, cloud computing and internet advertising. This article is divided as two parts---first part is to analyze Google’s businesses by using BCG matrix. [1] Then, another part is useful recommendations on how Google can formulate corresponding strategies to capture and sustain competitive advantage in each business. BCG matrix is commonly used to analyze business portfolio by comparing relative ratio of one’s market share to the largest competitor’s in the industry. Google’s searchRead MoreBcg Matrix Critique1958 Words   |  8 PagesMarketing Critique: BCG Matrix Your Name Here Table of Contents Introduction 3 Concept Overview 3 Functional Critique 5 Intellectual Critique 6 Ethical Critique 7 Political Critique 8 Conclusion 8 Bibliography 9 Introduction This paper will attempt to provide a broad critique of the Boston Consulting Group Matrix in light of the ideas of Hackley (2009). In his book Marketing:A Critical Introduction, Hackley presents a framework for analysing marketing models. He suggestsRead MoreBcg Matrix Analysis2570 Words   |  11 PagesBCG Matrix Model BCG Matrix Model The BCG matrix or also called BCG model relates to marketing. The BCG model is a well-known portfolio management tool used in product life cycle theory. BCG matrix is often used to prioritize which products within company product mix get more funding and attention. The BCG matrix model is a portfolio planning model developed by Bruce Henderson of the Boston Consulting Group in the early 1970s. The BCG model is based on classification of products (and implicitlyRead MoreBCG matrix Essay4376 Words   |  18 Pagesï » ¿Relevance. Widely used in the practice of strategic choice has received a two-dimensional matrix , developed by the Boston Consulting Group. Therefore, this matrix is ​​a matrix known as Boston Consulting Group or BCG matrix . This matrix allows the company to classify the products in its market share relative to its main competitors and the rate of annual growth in the industry. Matrix enables us to determine which products company occupies a leading position compared to competitors , whatRead MoreEssay on BCG Matrix6769 Words   |  28 Pagesto the process of workers. They have proved it by doubling their output in two years and plan to expand a wider range of fruits and vegetables. The Gascoyne Gold group teaches an important lesson about how doing business. 1.2 INTRODUCTION OF BCG MATRIX First and foremost, most of the business owners and the managers would consider the most important logical strategic direction in order to run their business which are growing. They believe that if the business does not grow over the time passRead MoreGoogles Bcg Matrix1043 Words   |  5 Pagesappliance, mobile search, cloud computing and internet advertising. This article is divided as two parts---first part is to analyze Google’s businesses by using BCG matrix. [1] Then, another part is useful recommendations on how Google can formulate corresponding strategies to capture and sustain competitive advantage in each business. BCG matrix is commonly used to analyze business portfolio by comparing relative ratio of one’s market share to the largest competitor’s in the industry. Google’s search

Type 1 Diabetes Mellitus ( T1dm ) - 1456 Words

INTRODUCTION Type 1 diabetes mellitus (T1DM) is the most common metabolic disorder in which both genetic and environmental factors are involved [1]. T1DM is considered a chronic immune-mediated disorder. It was hypothesized that whilst children have a genetic predisposition to T1DM, there is likely to be an environmental factor that triggers the development of T1DM. Possible triggers that have been suggested include viral infection, vaccines, low levels of vitamin D and cow’s milk, [2]. Oxidative stress is one of the important pathways that have been involved in the etiopathogenesis of T1D [3]. Complications of T1DM could be due to the cellular metabolism leading to hyperglycemia and excess production of reactive oxygen species (ROS).†¦show more content†¦Objectives This study aimed to evaluate the association of glutathione S-transferase mu 1 (GST M1) and glutathione S-transferase theta 1 (GST T1) polymorphisms with the development of T1DM and disease- related risk factors. PATIENTS AND METHODS The study included 64 diabetic children with T1DM with a mean age of 11.7 ± 3.6 years; 26 boys and 38 girls. They were enrolled from the attendants of pediatric genetic and endocrinology unit and pediatric outpatient clinic of Menoufia university Hospitals, Egypt. The study was conducted in the period from January 2015 to March 2016. Diagnosis of T1DM patients was based on the American Diabetes Association (ADA) criteria [9]. Patients were followed up , regularly checked and investigated accordingly for diabetic complications , their current treatment regimens. Cases suffering from 2ry diabetes , or having chronic-related diseases , like hypothyroidism or hyperthyroidism or hypoadrenalism were excluded. Forty-one apparently healthy children of matched age and sex served as a control group. Written informed consent was obtained from each child included in the study or their participant parents. Ethical clearance was obtained for the research project. The study protocol conforms to the ethical guidelines of the 1964 Declaration of Helsinki and its later amendments. Data about the duration of illness and onset of the disease in children with T1DM were taken. BodyShow MoreRelatedType 1 Diabetes Mellitus ( T1dm )2058 Words   |  9 PagesType 1 diabetes mellitus (T1DM) results from a defect in insulin secretion in the body. T1DM may happen at any age and it is one of the most common chronic diseases of childhood and adolescents (Misso, Egberts, Page, O’Connor, Shaw, 2010). Long-term complications of T1DM include retinopathy, nephropathy, neuropathy, and cardiovascular disease. There is no prevention or cure for T1DM, and the treatment is a life-long insulin replacement regimen. Proper and accurate glycemic control is critical toRead MoreApplication Of Type 1 Diabetes Mellitus3781 Words   |  16 PagesTable of Contents I. Introduction to Type 1 Diabetes Mellitus a. What it is b. Prevalence and demographics c. Treatment II. Cognitive Outcomes: Mood and Memory a. Memory i. Neural Basis of Memory ii. Cognitive Outcome of TIDM on Memory III. Structural Brain Changes: MRI Studies a. The Hippocampus i. Purpose and Function of the Hippocampus ii. Previous studies on T1DM and Hippocampal Volume iii. The Cognitive Effects of T1DM on Hippocampal Volume b. Other Brain Areas IV. Conclusion aRead MoreThe Dental Management Of Diabetes Essay1125 Words   |  5 PagesIntroduction Diabetes mellitus (DM) is not a single disease entity; rather, it is a group of metabolic diseases characterised by hyperglycaemia (elevated blood sugar level) affecting the metabolism of carbohydrates, proteins and fats, resulting from the inability of the body to secrete and/or use insulin (Al-Maskari, Al-Maskari, Al-Sudairy, 2011; American Diabetes Association, 2005; James W Little, Donald A Falace, Craig S Miller, Nelson L Rhodus, 2013a; World Health Organisation, 2016). PatientsRead MoreIncreasing Coping Skills in Parents of Children with Type 1 Diabetes1629 Words   |  7 PagesAccording to the U.S Department of Health and Human Services, there are 15,600 new cases of Type I Diabetes Mellitus (T1DM) each year (U.S Department of Health and Human Services, 2011). Boys and girls are at relatively equal risks for developing T1DM up until fourteen years old, with risks peaking around puberty. Following puberty, incidences tend to be higher in white males than women (Soltesz, Pat terson, Dahlquist, 2007). When looking globally by region at incidences, they tend to be higherRead MoreDiabetes Mellitus As A Group Of Metabolic Diseases Essay1472 Words   |  6 PagesIntroduction Diabetes mellitus is a group of metabolic diseases characterised by hyperglycaemia (elevated blood sugar level) affecting the metabolism of carbohydrates, proteins and fats, resulting from the inability of the body to secrete and/or use insulin (American Diabetes Association (ADA), 2005; World Health Organisation (WHO), 2016). Patients with type-1 Diabetes Mellitus (T1DM) requires insulin for survival as the cell-mediated destruction of the ÃŽ ²-cells of the pancreas eventually lead toRead MoreThe Health Problem Surrounding Type 1 Diabetes2334 Words   |  10 Pages This paper will discuss and critically analyze the health problem surrounding Type 1 Diabetes (T1D) among the population. The findings of this paper will be summarized about the epidemiological concepts, the natural progression, and the treatment that can be provided for this pandemic issue. Current statistics and resources will be implemented throughout this paper. In addition, the Best Practice Guidelines will be anal yzed and implemented in order to provide effective care for those who are undergoingRead MoreType 1 Diabetes On Children Essay1011 Words   |  5 Pages Type 1 Diabetes In Children Kathy Miron Beckfield Mrs. Rebecca Barner December 2, 2016 Type 1 Diabetes In Children Helen Keller once said, â€Å"All the world is full of suffering. It is also full of overcoming.† Throughout life each person will face obstacles, but will only be defined by how they overcome or fail. In today’s society health and wellness has become such a challenge. Many things in our environment, social status, financial position, and culture can affect what we eat and ourRead MoreDiabetes : An Autoimmune Disease927 Words   |  4 Pagesnot news to anyone that one of the most known disease in the world is diabetes mellitus, people with type two diabetes produces some insulin, but not enough to keep their blood sugar at a normal level, however the one that are affected by the type 1 diabetes or childhood-onset type 1 DM do not produce insulin at all. Type 1 diabetes is usually diagnosed in children and young adults, and was previously known as juvenile diabetes. (ADA, 2015) . That circumstance puts them at greater risk for heart diseaseRead MoreDiabetes And How A Person With This Condition s Experience Has Affected Her Daily Life1401 Words   |  6 PagesIntroduction In my paper, I am going to focus on Type 2 Diabetes and how a person with this condition’s experience has affected her daily life. About the Disability Cause: Experts say diabetes is partly genetic and at least partly behavioral. Obesity and lack of exercise are key risk factors for the most common form. Many people think that diabetes results from eating too many sweets, but the truth is more complex. Type 2 diabetes -- also known as adult-onset diabetes -- is characterized by â€Å"insulin resistanceRead MoreEssay on The Increasing Prevelance of Type 2 Diabetes1011 Words   |  5 Pagesrecently, the common type of diabetes in children and teens was the type 1, little wonder it was called juvenile diabetes. Type 1 diabetes mellitus (T1DM) is one of the most common chronic, unremitting medical conditions that develop in childhood or adolescence. There is a bimodal age of onset, with the first peak at 4 to 6 years and the second peak in early adolescence. But now younger people are also getting type 2 diabetes. Type 2 diabetes used to be called adult-onset diabetes. But now it is becoming

The Relations between Science and Religion Essay - 1630 Words

The relations between science and religion. Humans are servant of God who descended to earth as its inhabitants. Humans are creatures of God are given the advantage of reasonable than other creatures. With that human minds can do more than any other creature. At the beginning of its creation, only human beings who do not know anything and therefore people need a hint for his life. Humans need a guideline in order to survive life in the world and in the hereafter. Guideline for humans is religion. Religion is a hint of life, encompasses all aspects of human beings, including science. So many recent scientific discoveries in modern times was already confirmed. With scientific evidence in accordance with the scriptures, it can be†¦show more content†¦So ilmuadalah knowledge that meet specific characteristics and terms are standardized into a science , the two terms are combined into one word. Can be formulated also that science is as common knowledge ilmiahdan merged into science directly. The application of science in the world modeern has produced many technologies that make peoples lives healthier, more comfortable, and more secure. While the science is also one way to seek the truth, which is the objective truth. Even so, science tends to be autonomous so therefore he is often seen as the only path to truth. As a result we often face a clash between science and religion in the field of theology. The problem is, science is actually just talking about the objective reality of nature and humans. When in fact the religion talk about a whole person, body and soul are, and the broadest nature, ie the real nature and the supernatural, as well as kenyataam entirely, namely nature and god of creation. So in fact there is the intersection between the two, yait on nature and human problems. There is no contradiction between the two. But in the course of history several centuries after reinaisans, scientific revolution, followed by the industrial revolution, our scientific knowledge about ourselves and our natural environment has changed dramatically. Unfortunately the new picture for a lot of people tend to negate the description given by the theology of worldShow MoreRelatedRelation Between Science and Religion Essay4079 Words   |  17 Pageson What is the Relation between Science and Religion William Lane Craig Examines several ways in which science and theology relate to each other. Back in 1896 the president of Cornell University Andrew Dickson White published a book entitled A History of the Warfare of Science with Theology in Christendom. Under White’s influence, the metaphor of â€Å"warfare† to describe the relations between science and the Christian faith became very widespread during the first half of the 20th century. The culturallyRead MoreEmile Durkheim s The Elementary Forms Of The Religious Life1608 Words   |  7 Pagesexamines religion through a social viewpoint, while Claude Là ©vi-Strauss’s The Savage Mind compares modern and â€Å"primitive† thought. Although their topics of interest differ, both works similarly rely on science to explain their anthropologic theories. Science serves as a useful reference point, since it embodies modern mode of thinking with high objectivity. Therefore, these writers can expand on their analysis of other ways to perceive the world by comparing and contrasting with science. The relati onsRead MoreMonotheistic religions, especially Judaism, Christianity, and Islam promote the belief in One God;1600 Words   |  7 PagesMonotheistic religions, especially Judaism, Christianity, and Islam promote the belief in One God; all that exists is because of God. Through prophets and scripture, God portrays moral goodness and truth. Essentially, these three religions believe that God speaks to us, unveils God’s Being, and seeks to guide us through life. In turn, humans should embody the moral goodness and excellence that is revealed to us by God. These religions are taught based upon both scripture and reason. When readingRead MoreThe Secularization of the Western World Essay1680 Words   |  7 Pagesmeanings over the past eighteen centuries. In today society, the world secular is used to describe a world thought to be in motion, the moving away from religious influence in everyday life. Thus, my definition of the term secularism is not denouncing religion to an anti-religious belief but rather viewing secularism as a point of view that reflects the change in society to seek answers and meet the needs of people without taking on religious perspective. â€Å"The shift towards secularism does not mean thatRead MoreI Appreciate Barbour s Praiseworthy And Toilsome Effort914 Words   |  4 PagesIII. Critique First of all, I appreciate Barbour’s praiseworthy and toilsome effort to put theology and science in a meaningful and fruitful dialogue, by seriously taking account of both continuities and discontinuities between scientific metaphors and religious metaphors. For Barbour, because both disciplines have continuities and discontinuities they can contribute to our more comprehensive understanding of the reality of our experiences in the world through their metaphorical relationshipRead MoreBecause Religion Is A Difficult Concept To Define, It Faces1709 Words   |  7 PagesBecause religion is a difficult concept to define, it faces several criticisms. To this day, it has never been possible to find a definition of religion that pleases the majority of the population. However, researchers in this area have never felt the need to have a definition to carry out their research. Religion is a somewhat different concept of economy, politics or history and the difficulty of defining it comes from the fact that these are not index terms but rather general concepts thatRead More what is theology Essay995 Words   |  4 Pages What is theology? What does it explain if anything? According to the encyclopedia, it is related to the Greek Religion. In Christianity, the systematic study of the nature of God and Gods relationship with humanity and with the world. Although other religions may be said to have theologies, this is a matter of controversy within, for instance, Judaism , which holds that God is unknowable. This article will therefore confine itself to Christian theology. The development of theology in ChristendomRead MoreThe Star by Arthur C. Clarke and the Juxtaposition of Science and Religion704 Words   |  3 Pages When dwelling into the explorations about science and religion, one can find it quite amusing. If science and religion are to continue to coexist it seems opposed to the conditions of modern thought to admit that this result can be brought about by the so-called water-tight compartment system which, even at the present time, is frequently extolled or considered possible.(Boutroux, 406) Two powerful forces that coexist yet each of them deny one another, but yet they define one another. TheRead MoreHow Do We Know and What We Know? Essay734 Words   |  3 Pagesdifferent situations. Vocabulary and speech pattern between friends or relatives may be informal and familiar whereas communication with someone of different generation, class or age group is likely to be specific to the particular relationship, place or moment. Knowledge is shaped by social institution and by the power groups and individuals to influence the generation and acceptance of knowledge such as legal system, and education system. Religion is a special case of authority over knowledgeRead MoreCan Religion and Science be Compatible?1326 Words   |  5 PagesCan Religion and Science be Compatible? Accepting the compatibility between science and religion is a tactic used by those who instinctively fear that a manifest conflict between the two areas would endanger the future of science. They are worried about the possibility that scientists would not receive any financial support or that science classes in schools might be replaced with hours of religion. A huge number of atheist scientists are aware of the negative role, that they have irrational ideas

One Day Acuvue free essay sample

Vistakon seeks to be the leader in providing soft, daily disposable, high-quality contact lenses to the part-time lens user by providing superior quality products through innovative manufacturing and RD combined with strong advertising presence and trade support. In 1987, Vistakon, an independent subsidiary of Johnson Johnson, introduced Acuvue, the first soft, disposable contact lens through marked innovations in production and marketing.The â€Å"stabilized soft molding† production technique, promising better quality through reducing imperfections, coupled with a dual pronged marketing campaign that â€Å"pulled† consumers to enquire about Acuvue through extensive advertising and promotions and â€Å"pushed† the product by educating Eye Care Professionals (ECPs) on the product’s superior features resulted in Vistakon dominating the soft disposable contact lens market (with a 18. 9% market share) by 1993. To continue building up on its success, Vistakon developed 1 Day Acuvue, the first daily disposable contact lens. However, marketing tests revealed multiple issues with existing product cannibalization (of current products with sales up to $250 million), pricing and positioning, targeted markets, and the optimal marketing campaign. We will write a custom essay sample on One Day Acuvue or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The firm needed to decide if more marketing tests are required to gain more perception into these issues or to embark immediately on a nationwide launch. Vistakon initially targeted 1 Day Acuvue to three market segments, contact lens dropouts (size: 15. 5 million, exhibit 2), patients with medical problems or active lifestyle consumers, and conventional daily wear users (size: 4. 6 million, exhibit 2).The western regional rollout indicates that 88% of all 1 Day Acuvue customers utilized contact lenses prior to purchase, a majority of whom used contact lenses in conjunction with spectacles. Exhibit 18 indicates that 1 Day Acuvue was also preferred by college graduates earning $81,000 or more primarily between the ages of 18-45 who frequently travel on business. This data insinuates that 1 Day Acuvue should be targeted towards two specific markets: high income business travelers and athletes and medical patients. Both segments share common characteristics of being less price-sensitive and being current users of disposable soft lenses.While the dropout market is potentially lucrative, it will be hard for the ECP or Vistakon to convince this market that 1-Day Acuvue possesses benefits far beyond their prior contact lens, specifically for the 65% who discontinued because of cost, discomfort, ease of use, need for bifocals, and loss/tear in lens. Exhibit 10 indicates that the gross margins fell from 88% to 40% with the advent of disposables. ECPs currently make $464. 00/patient/2 years from current disposables, whereas the initial costing policy of 1 Day Acuvue would reduce that contribution to $194. 40 (calculations in appendix 1). This is probably the primary reason why ECPs did not push 1 Day Acuvue as strongly as Vistakon expected during marketing tests (with only 20% of ECPs emphasizing the cost/day marketing strategy and 33% of ECPs stating that Acuvue was the most expensive lens). Vistakon somewhat corrected this issue with its new pricing policy in the western regional launch, with the contribution to ECPs who availed the volume discount for orders more than 4 30 packs increasing to $408/patient/2 years (calculations in appendix 1). This also helped reduce ECPs emphasizing Acuvue as most expensive (6%).

Analysis Of The Holocaust Essays (1615 words) - The Holocaust

Analysis of the Holocaust Of all the examples of injustice against humanity in history, the Jewish Holocaust has to be one of the most prominent. In the period of 1933 to 1945, the Nazis waged a vicious war against Jews and other "lesser races". This war came to a head with the "Final Solution" in 1938. One of the end results of the Final Solution was the horrible concentration and death camps of Germany, Poland, and other parts of Nazi-controlled Europe. In the aftermath of the Holocaust, people around the world were shocked by final tallies of human losses, and the people responsible were punished for their inhuman acts. The Holocaust was a dark time in the history of the 20th century. One can trace the beginnings of the Holocaust as far back as 1933, when the Nazi party of Germany, lead by Adolf Hitler, came to power. Hitler's anti-Jew campaign began soon afterward, with the "Nuremberg Laws", which defined the meaning of being Jewish based on ancestry. These laws also forced segregation between Jews and the rest of the public. It was only a dim indication of what the future held for European Jews. Anti-Jewish aggression continued for years after the passing of the Nuremberg Laws. One of these was the "Aryanization" of Jewish property and business. Jews were progressively forced out of the economy of Germany, their assets turned over to the government and the German public. Other forms of degradation were pogroms, or organized demonstrations against Jews. The first, and most infamous, of these pogroms was Krystallnacht, or "The night of broken glass". This pogrom was prompted by the assassination of Ernst von Rath, a German diplomat, by Herschel Grymozpan in Paris on November 7th, 1938. Two days later, an act of retaliation was organized by Joseph Gobbels to attack Jews in Germany. On the nights of November 9th and 10th, over 7,000 Jewish businesses were destroyed, 175 synagogues demolished, nearly 100 Jews had been killed, and thousands more had been injured, all for the assassination of one official by a Jew ("Holocaust, the." Microsoft Encarta 96). In many ways, this was the first major act of violence to Jews made by the Nazis. Their intentions were now clear. The Nazi's plans for the Jews of Europe were outlined in the "Final Solution to the Jewish question" in 1938. In a meeting of some of Hitler's top officials, the idea of the complete annihilation of Jews in Europe was hatched. By the time the meeting was over, the Final Solution had been created. The plans included in the Final Solution included the deportation, exploitation, and eventual extermination of European Jews. In September 1939, Germany invaded western Poland. Most, if not all Jews in German-occupied lands were rounded up and taken to ghettos or concentration camps. The ghettos were located inside cities, and were a sort of city/prison to segregate Jews from the rest of the public. Conditions in the ghettos included overcrowding, lack of food, and lack of sanitation, as well as brutality by Nazi guards. Quality of life in a ghetto was probably not much above that in a concentration camp. In June 1941, Germany continued it's invasion of Europe by attacking and capturing some of the western U.S.S.R. By this time, most of the Jews in Europe now lived in lands controlled by Nazi Germany. The SS deployed 3000 death squads, or "Einstagruppen", to dispatch Jews in large numbers ("Holocaust, the." Microsoft Encarta 1996). In September 1941, all Jews were forced to wear yellow Stars of David on their arms or coats. A Jew could be killed with little repercussions for not displaying the Star of David in public. Some of the first Jewish resistance to the Final Solution came in 1943, when the process of deportation to concentration and death camps was in full swing. The Warsaw ghetto in Poland, once numbering over 365,000, had been reduced to only 65,000 by the continuing removal of Jews to camps in other lands ("Holocaust, the." Microsoft Encarta 1996). When the Nazis came to round up the remaining inhabitants of the ghetto, they were met with resistance from the small force of armed Jews. The revolt lasted for almost three weeks

Free Essays on Andrew Lloyd Webber

Andrew Lloyd Webber was born on March 22, 1948 to William and Jean Lloyd Webber. In 1951 his younger brother Julian was born. Even at a young age, Andrew loved to make his own music. Andrew also had a great interest in inspecting ancient monuments around England. It and history were what many thought he would choose to do for a career. However, his Aunt Vi introduced him to the theatre, and under her advice started writing music of his own. In 1956, Andrew went to Westminster and started composing music for the school's plays. In 1962, Andrew won a Challenge Scholarship that reduced his tuition at Westminster. Andrew won another scholarship in 1964 to transfer to Oxford. Time Rice and Andrew met in 1965 and consequently, Andrew dropped out of Oxford to pursue music with Tim. The first musical, The Likes of Us, was a failure, but soon afterwards Joseph was created. The first showing was at Colet Court in 1968. Jesus Christ Superstar came next. In 1971, Andrew married Sarah Jane Hugill . Andrew and Alan Ayckbourn, in 1975, started work on a new musical, Jeeves. Jeeves was not a success and Andrew went back to Tim. Together they wrote Evita in late 1975. The next musical, Cats, paired Andrew with the deceased poet T.S. Eliot and producer, Cameron Mackintosh. It was an incredible hit and beat A Chorus Line for longest running musical and highest grossing musical. Cats made Andrew rich and famous and ready to start a musical about trains. Starlight Express was created in 1984, the most expensive musical created up to that point. The same year, Andrew divorced Sarah Hugill and married Sarah Brightman. Andrew's next work was Requiem. It isn't a musical, but serious music for a Mass. Sarah Brightman sang the female soprano part. Andrew's next work, Phantom of the Opera also included Sarah. One of Andrew's most famous works, Phantom was created in 1986. Aspects of Love, Andrew's next venture, opened in 1989. Its intimate setting and songs were cr... Free Essays on Andrew Lloyd Webber Free Essays on Andrew Lloyd Webber Andrew Lloyd Webber was born on March 22, 1948 to William and Jean Lloyd Webber. In 1951 his younger brother Julian was born. Even at a young age, Andrew loved to make his own music. Andrew also had a great interest in inspecting ancient monuments around England. It and history were what many thought he would choose to do for a career. However, his Aunt Vi introduced him to the theatre, and under her advice started writing music of his own. In 1956, Andrew went to Westminster and started composing music for the school's plays. In 1962, Andrew won a Challenge Scholarship that reduced his tuition at Westminster. Andrew won another scholarship in 1964 to transfer to Oxford. Time Rice and Andrew met in 1965 and consequently, Andrew dropped out of Oxford to pursue music with Tim. The first musical, The Likes of Us, was a failure, but soon afterwards Joseph was created. The first showing was at Colet Court in 1968. Jesus Christ Superstar came next. In 1971, Andrew married Sarah Jane Hugill . Andrew and Alan Ayckbourn, in 1975, started work on a new musical, Jeeves. Jeeves was not a success and Andrew went back to Tim. Together they wrote Evita in late 1975. The next musical, Cats, paired Andrew with the deceased poet T.S. Eliot and producer, Cameron Mackintosh. It was an incredible hit and beat A Chorus Line for longest running musical and highest grossing musical. Cats made Andrew rich and famous and ready to start a musical about trains. Starlight Express was created in 1984, the most expensive musical created up to that point. The same year, Andrew divorced Sarah Hugill and married Sarah Brightman. Andrew's next work was Requiem. It isn't a musical, but serious music for a Mass. Sarah Brightman sang the female soprano part. Andrew's next work, Phantom of the Opera also included Sarah. One of Andrew's most famous works, Phantom was created in 1986. Aspects of Love, Andrew's next venture, opened in 1989. Its intimate setting and songs were cr...

Business Analysis Essay Example | Topics and Well Written Essays - 1000 words

Business Analysis - Essay Example The cash flow for a particular period reflects the flow of cash in future for that period. But due to a loss in the time value of money, the present value of the cash flow is actually less than the actual value. To have a realistic view of the cash flows the actual values need to be converted into what are called as the Present Values. The factor by which the actual value is multiplied to calculate the present value is called the Discount Factor. Discount factor lies between 0 and 1. It is determined by the rate of return on capital during a given period and can be calculated using compounding (Johnson, Derek). Using the net present value approach, it can be found out that the net cash flows are positive in all quarters and the initial investment is also recovered within a quarter. The Net present value is hence positive and comes out as  £5,030,687. The NPV (Net Present value) calculations can be done using an excel spread sheet. An extract of the same is shown in Figure 2.1. Thus, it can be concluded from this that, the boutique must go with the development plan. There are several key factors that can affect the cash flows. One of them is the Build-up factor. If the build-up factor becomes negative i.e. there is a decrease in income in the following quarters due to some reason, the NPV decreases. The NPV turns negative at -57% build-up factor for each quarter as shown in Figure 3.1. This is where the decision gets reversed. This could happen in case of adverse external circumstances. The second factor which can affect cash flow is Cost of Sales. If due to an increase in raw material costs or due to some other factors, Cost of Sales rise as much as 89% of the sales, the NPV becomes negative and the decision has to be reversed. This is shown in Figure 3.2. Thirdly, the increase in rent can have an impact on net cash flows especially in wake of continuously rising real estate prices. If the rent increases to  £1427 per sq. m.,

Ready to Die Essay Example | Topics and Well Written Essays - 500 words

Ready to Die - Essay Example I believe it is crucial for the living to use part of their health time and energy in preparing for death. There are various ways to prepare for death as exemplified by Nicholson and Freeman in the movie ‘Bucket List’ (Knox, 2007). One of the ways to prepare for oneself death is thinking about it. We should have brief moments possibly in a day and reflect on what can happen if death occurs. I do not mean we dwell on death but to appreciate the reality about it and live fully while knowing it will happen. People can embrace life after realizing they have limited time in the world. Nicholson and Freeman opted to enjoy life after accepting that the death is a reality. They believed that it was awaiting them, and as a result, stopped staying in the hospital beds with agony. I also think we should make a ‘bucket list’ as one way of preparing for our death. ‘Bucket list’ involves having a list of things we want to do, life experiences we want to achieve, and places we want to go. Nicholson and Freeman realized this very late; they had a long ‘bucket list’ despite having much wealth and less time (Knox, 2007). As evidenced by Nicholas and Freeman, we do not carry with us material possession and hence we should utilize the resources we have in meeting our objectives. We should not allow death to scare and bar us from enjoying life, instead, we are supposed to use it as a wake-up call to maximize our limited time in the world. In addition, people should write their last statement and will instead of fearing to think about death that may result from our cultural beliefs. The last statement and will are used to designate what will happen to our properties and guardianship of our children. Many properties get lost when one dies without leaving a documented will. Lack of a documented will may also lead to occurrence of conflicts among the left relatives. For

Initial Public Offerings Essay Example for Free

Initial Public Offerings Essay Primary private companies, who desires to go public or in other words decides to be listed in the different stock markets to raise capital, must first undergo a process called Initial Public Offering or IPO (Investopedia, 2008). This method has been widely popular and it goes to say it has its own shares of controversies as well. Especially from what was experienced during the 1990s on the dotcom crash, in which a lot of investors bought Initial stocks from companies even without a track record of operations and a feasible plan for profit (same as Investopedia, 2008). Now another Online firm plans to go public, it is the popular program Skype whose main features are online video and audio call conferencing. This could be a good idea, from a sales standpoint since Skype has been earning revenues for its parent company Ebay even before the latter has decided to treat it as a stand-alone company due to its limited synergies with Ebay’s core activities which basically are Online commerce auction site and Paypal Online payments system   (Stone, 2009).But if Skype will really go public, it could most probably used the same online method applied by former online firms: Google and Morning star which is the online auction approach. This essay will attempt to justify the consideration of Skype to go public. It will also analyze what particular type of Initial Public Offering (IPO) it may apply. We will also go in detail to assess what type of investors that Skype would most possibly attract. This study will also provide background on the lessons learned from previous online industries who went Public and used the auction approach as its method for IPO.As part of the types of methods for IPO offering, we will finally discuss potential costs and risks of each to have a better understand which method would be appropriate for a specific firm like Skpe. Skype going Public Ebay’s President and CEO could be right by the decision of treating Skype as a subsidiary company due to its function and future revenue potential if provided with the right amount of capital to work with. Skype historically, has been a consistent top performer in terms of revenue generation since its early inception. From 2007, Skype posted a significant increase of 44% to a tune of   $551 million, and segment market margins is at 21% which is also another big leap of 47% from 2007, and the projection of a total revenue for 2011 for $1 Billion dollars is not far fetch(ebay Inc., 2009), since the growth rate of Skype on its recent   quarterly performance have been anything but slow. Just last October 2009 data Skype again has increased by another 41% in total registered users, which is in the $521 Million mark and growing, Its posted growth of 29% in revenues amounting to another $181 million dollars also confirms its status as a force to be reckon with on the Voice Over Internet Protocol (VoiP) industry (Schonfeld, 2009). Direct competitors of Skype are Vonage and Net2phone although stable does not have the growth potential and massive customer base that Skype enjoys. Skype has just also been sold recently by ebay to some private investors, and group led by Silver Lake partners, ebay sold 70% of its stake on Skype (Wauters, 2009).Which shows continued interest of the potential profit generation of this software. Skype is also considered as number ten on the Top ten potential IPO candidates by TechCrunch.com, given the rapid pace of Skype growth (Schonfeld, 2009). Traditional or Online Auction Method for Skype’s IPO? Skype may opt to apply the auction method, to have a lot of potential investors instead of limiting the opportunity to buy shares to a few large investing institutions, which possibly may not desire a new online firm. Google used the same method, which is called the Dutch auction method in serving its IPO to the public, with a lot of potential risks in this kind of method Google still managed to pull it off successfully (Edmonston, 2009). What type of Investors would go for Skype Small and young investors may go for this firm if it went public, this group usually knows the boundless potential of the internet, and has some basic knowledge on the types of revenues tech stocks can produce. The emerging trend of young internet whiz kids, who have made fortunes using the net, may as well be the same characteristics of investors for Skype. Conventional Investors, still requires a fundamentally sound metrics from a company that has a above average track records and has produced mostly tangible goods which some have been a staple of a society. Lessons Learned from Online Auction Approach Bothe Morningstar.com and Google used the same method for its Initial Public Offering, for the purpose of taking the controlling power away from the underwriters and to provide opportunities to invest for those who really believe and acknowledge a company’s potential.   Both have been relatively smooth and successful. For Morningstar on its IPO last 2005 even when price analysts predicted that price of stock may be on the amount of lowest range projected of $16 to $19, the demand was really strong as it ended up on the marked price of $18.50 for the mutual fund and stock analysts’ online firm (Munarriz, 2005). Google however probably was overwhelmed by pressures of controversies induced by market analysts, financial scholars, other online competition   and even the Securities and Exchange Commission, has decided for a last minute reduction of its target share price (Sorkin, 2009). Online companies often face criticisms such as being overvalued or overhyped. Especially after the dotcom event, doubt of investors on whether they could really pull through some revenues and maximize shareholders’ equity is prevalent. Both Morningstar and Google have experienced those biases but took it in stride and have been relatively stable in the marketplace, despite contradictions. Cost and Risks of each IPOs According to a famous article by the Wall Street Journal regarding methods of IPOs, â€Å"Wall Street bankers compare auction IPOs with selling fine art on eBay instead of at Sothebys. The big Wall Street firms have good reason to defend the traditional model. Known as book building, it entails gauging the interest of hedge funds and mutual funds in an offering† (2005, p.2). This conventional model with its current fees of 7% of capital allows Wall Street companies to sell its IPO stock at discounted prices to their best customers, which could benefit them by taking profits if the IPO increased even on its first day of trading (Wall Street Journal, 2005 p.2). Underwriters for this traditional approach receive a percentage of the IPO sale as commission, in addition to other fees or underwriting proceeds charged to underwrite the IPO. Such examples of those fees according to Kamlet Rini (1995)are: †¢ Managers Fee Goes to the managing underwriter for negotiating and managing the offering. Amount:10% 20% of the spread (meaning the spread between the Public offering price or POP and the underwriting proceeds). †¢ Underwriting Fee Goes to the managing underwriter and syndicate members for assuming the risk of buying the securities from the issuing corporation. Amount: 20% 30% of the spread †¢ Selling Concession Goes to the managing underwriter, the syndicate members, and to selling group members for placing the securities with investors. Amount: 50% 60% of the spread These fees, almost selected investors and a potential of losing more capital by an increase in value on share price, especially when first day trading price of IPO rise for the company, has been the somehow the risks a company going public undergoes when applying this method. As for the Auction Method, in which the firm sets a price of the share well above what any investor is expected to bid, and then reduces the price incrementally when an investor actually bids, has a relatively lower amount of fees. Risks involved according to some analysts is that IPOs   develop pricing patterns similar to those exhibited by IPOs during the dot.com era, and whether it would really provide more efficient pricing (Hensel, 2005). Risk of this mispricing can occur to lack of information on the part of the small investor, especially if the information issued could be implicit somehow to the small investor. Conclusion This study has discussed the strong possibility of Skype, joining the ranks of two famous Web companies such as Google and Morningstar, on going public. Skype have a rapid pace for growth based on its quarterly revenues and growing registered users. The best method for Skype to serve its Initial Public Offering is through an Online Auction, which again worked smoothly for both of the companies stated earlier. Each IPO type has its own costs and risks. For traditional IPOs, banking on their solid foundation of book building, it has its drawbacks of high fees and profits for companies who went public especially if the share prices do well on the first trading day. For Online auction, although has relatively low fees compared to the traditional method, has also the risk of running into similar pricing patterns which has links with the dotcom mania that occurred not too long ago. But for recommendation for Skype, the auction approach still works best, first to minimize cost on fees and a large possibility of fetching true market value stock price provided by potential strong demand due to Skype’s already significant business value.

Queen Sondok Essays -- Korean History

Queen Sondok Queen Sondok was the first woman to become a queen in the Korean Silla kingdom in 632 A.D. Queen Ma-ya, Sondok's mother, did not bear any sons to become king, so King Chinpyong sent her to a convent in the mountains to become a nun. This brought a great deal of sadness to Sondok, she said, "The monastery has swallowed everyone I love." (7) After Queen Ma-ya was gone, King Chinpyong, who had reigned for fifty years, remarried a woman who also could not bear him a son (7). Since Sondok was the eldest daughter, Sondok became queen after the king died. She became the most famous queen of a Korean state. Queen Sondok was born in Korea in 610 A.C.E. She ruled for fourteen years, holding the realm together against external and internal threats. During this period, women already had a certain degree of influence as advisers, queen dowagers, and regents. Throughout the kingdom, women were heads of families since matrilineal lines of descent existed alongside patrilineal lines. The Confucian model, which placed women in a subordinate position within the family, was not to have a major impact in Korea until the fifteenth century and most of people throughout the kingdom believed in Buddhism, Daoism, and Shamanism (6). During the Silla kingdom, women's status remained relatively high. Early in her life Sondok had displayed an unusually quick mind. For example, when she was seven, her father received a gift from the Emperor of China. It was a beautiful painting of peonies, accompanied by a box of the flower's seeds. Sonduk commented that the flower was beautiful, but it was a pity, because it had no sweet perfume. Her father, brow knit in confusion, asked her how she could know that, since she had never se... ... (http://www.womeninworldhistory.com/heroine7.html) 2. Still More Women Rulers 3. Women of Royalty - Sondok, Queen of Silla (http://royalwomen.tripod.com/womenofroyalty/id17.html) 4. Muses – The Graces—Graeco-Roman (http://www.geocities.com/Wellesley/1582/muses.html) 5. Lee, Ki-baik -1984 ANew History of Korea Translated by Edward W.Wbner. Harvard University Press, London. (http://ko-m.hp.infoseek.co.jp/Miruk.htm) 6. Famous Koreans – Six Portraits by Mary Connor. Education about Asia, volume 6, number 2, Fall 2001. (http://www.aasianst.org/EAA/connor.htm) 7. Sondok: Princess of the Moon and Stars, Korea, A.D. 595 (The Royal Diaries) by Sheri Holman 8. The Influence of China on the Three Kingdoms and Unified Silla (http:// www.marymount.k12.ny.us/marynet/TeacherResources/SILK% 20Road/html/sillatang.htm)

Pecking Order Theory

Brigham Concise 4th Edition Chapter 1: An Overview of Financial Management 1. Which of the following are among the three main areas of finance? a. financial institutions b. investments c. financial management d. all of the above are correct e. none of the above are correct d. Correct. 2. The globalization of business and the increased use of information technology are the two key trends in financial management today. a. True b. False a. True 3. Which of the following could explain why a business might choose to organize as a corporation rather than as a sole proprietorship or a partnership? a. Corporations generally face fewer regulations. . Corporations generally face lower taxes. c. Corporations generally find it easier to raise capital. d. Corporations enjoy unlimited liability. e. All of the above statements are correct. c. Correct. 4. A partnership is subject to the same taxation as corporations. a. True b. False b. False 5. One main disadvantage of partnerships is the requireme nt of a charter and set of bylaws. a. True b. False b. False 6. One disadvantage of the sole proprietorship form of organization is that there is: a. unlimited liability. b. double taxation c. more regulations than for corporations d. easy transferability of ownership interest . all of the above are correct. a. Correct 7. A corporate charter should include which of the following: a. name of the proposed corporation b. type of activities it will pursue c. amount of capital stock d. number of directors e. names and addresses of directors f. all of the above f. Correct. 8. One reason that the value of most businesses is maximized if they are organized as a corporation is that: a. corporations face unlimited liability. b. it is easier to transfer ownership of a corporation (corporations are more liquid assets). c. corporations have a more difficult time raising capital than sole proprietorships. d.All of the above b. Correct 9. Which of the following represents a significant disadvantag e to the corporate form of organization? a. Difficulty in transferring ownership. b. Exposure to taxation of corporate earnings and stockholder dividend income. c. Degree of liability to which corporate owners and managers are exposed. d. Difficulty corporations face in obtaining large amounts of capital in financial markets. b. Correct 10. The chief financial officer (CFO) is usually the highest ranking officer in a corporation. a. True b. False b. False 11. The activities of the financial staff include: a. forecasting and planning. b. ajor investment and financing decisions. c. dealing with financial markets. d. risk management. e. all of the above. e. Correct. 12. The financial vice-president’s key subordinates are the president and the chief executive officer. a. True. b. False b. FAlse. 13. In most firms the treasurer has the responsibility for managing the firm’s cash and marketable securities, for planning its capital structure, for selling stocks and bonds to r aise capital, for overseeing the corporate pension plan, and for managing risk. a. True b. False a. True 14. The primary goal of a publicly-owned firm interested in serving its stockholders should be to: a.Maximize expected total corporate profit. b. Maximize expected EPS. c. Minimize the chances of losses. d. Maximize the stock price per share. e. Maximize expected net income. d. Correct 15. Managers that depart from the goal of shareholder wealth maximization run the risk of being removed from their jobs. a. True b. False a. True. 16. Most actions that help a firm increase the price of its stock also benefit society at large. a. True b. False a. True. 17. The primary contribution of finance to total social welfare is its: a. Function as a productive resource. b. Contribution to the efficient allocation and use of resources. c.Role as an exogenous variable. d. Positive impact on the externalities of â€Å"other variables. † e. Contribution to environmental protection. b. Cor rect 18. Most firms today have in place strong codes of ethical behavior, yet there are no obvious answers for many of the ethical questions facing many companies. a. True b. False a. True. 19. Socially responsible actions that increase costs may have to be put on a mandatory basis. a. True b. False a. True. 20. An agency relationship arises whenever one or more individuals hire another individual or organization to perform some service and delegate decision-making authority to that agent. . True b. False. a. True. 21. In financial management the primary agency relationships are those between: a. stockholders and managers b. managers and debtholders c. managers with similar levels of authority within the firm d. a and b e. a, b, and c d. Correct 22. Which of the following work to reduce agency conflicts between stockholders and bondholders? a. Including restrictive covenants in the company’s bond contract. b. Providing managers with a large number of stock options. c. The pas sage of laws that make it easier for companies to resist hostile takeovers. d.All of the statements above are correct. a. Correct 23. Which of the following actions are likely to reduce agency conflicts between stockholders and managers? a. Paying managers a large fixed salary. b. Increasing the threat of corporate takeover. c. Placing restrictive covenants in debt agreements. d. All of the statements above are correct. b. Correct 24. The managers should always undertake actions that result in a transfer of wealth from bondholders to stockholders. a. True b. False b. False. 25. Which of the following factors tend to encourage management to pursue stock price maximization as a goal? . Shareholders link management’s compensation to company performance. b. Managers’ reactions to the threat of firing and hostile takeovers. c. Statements a and b are both correct. c. Correct. 26. Mechanisms used to motivate managers to act in shareholders’ best interests include: a. m anagerial compensation b. direct intervention by shareholders c. the threat of firing d. the threat of takeovers e. all of the above e. Correct. 27. Creditors lend funds at rates that are based on: a. riskiness of the firm’s existing assets b. expectations concerning the riskiness of future asset additions c. he firm’s existing capital structure d. expectations concerning future capital structure decisions e. all of the above e. Correct. 28. The dividend policy decision is the way the firm is funded (e. g. , the mix of debt and equity used). a. True Incorrect. The dividend policy decision is the choice of how much of earnings to pay out as dividends and how much to retain to reinvest in the firm. b. False b. False. 29. Managerial actions are the only determinant of a firm’s stock value. a. True False. b. False. 30. If the firm maximizes EPS, it will maximize stockholder wealth. a. True b. False b. False.

The Roles of The National Security Enterprise - 1301 Words

The National Security Enterprise (NSE) is the overarching government apparatus responsible for national security decision making. This is generally thought of as the National Security Council (NSC) and the Department and Agencies they represent. However, Roger Z George and Harvey Rishikof point out in The National Security Enterprise: Navigating the Labyrinth that national security decision-making may rest with the President and the NSC but is significantly influenced by the Modern Media (including the traditional Press), lobbyist, think tanks, and the US Congress. A significant role for the NSE is ensuring that these different elements of government can exchange information, share responsibilities, and collaborate to avert or at least minimize damage to U.S. foreign and domestic interests.(George and Rishikof 2011) The National Security Act of 1947 created the National Security Council. â€Å"The National Security Council (NSC) is the principal White House institution that is responsible for coordinating national security strategy, advising the president on national security issues, overseeing policy implementation through the interagency process, and responding to national security crises.†(George and Rishikof 2011) The exact make-up of the National Security Council has fluctuated with the changes in Presidential administrations. 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