Thursday, September 3, 2020

Nostradamus Essay -- Essays Papers

Nostradamus Account Coming up next is a life story of Michel de Nostredame, it is a passage from Erika Cheetham, The Prophecies of Nostradamus. Youth Michel de Nostradame, all the more usually known as Nostradamus, was conceived on fourteenth December 1503, in St. Remy de Provence. His folks were of straightforward ancestry from around Avignon. Nostradamus was the most seasoned child, and had four siblings; of the initial three we know nearly nothing; the most youthful, Jean, became Procureur of the Parliament of the Provence. Instruction Nostradamus' incredible keenness got obvious while he was still youthful, and his training was placed under the control of his granddad, Jean, who showed him the basics of Latin, Greek, Hebrew, Mathematics and Astrology. At the point when his granddad passed on, Nostradamus was sent to Avignon to consider. He previously indicated an extraordinary enthusiasm for soothsaying and it became basic talk among his kindred understudies. He maintained the Copernican hypothesis that the world was round and hovered around the sun over 100 years before Galileo was arraigned for a similar conviction. Change Since it was the age of the Inquisition and the family were changed over from Judaism to the Catholic confidence when Nostradamus was nine years of age, his folks were very stressed, in light of the fact that as ex-Jews they were more defenseless than most. So they sent him of to consider medication at Montpellier in 1522. Nostradamus acquired his four year certification following three years, without hardly lifting a finger, and once he had his permit to rehearse medication he chose to go out into the open country and help the numerous casualties of the plague. After almost four years he came back to Montpellier to finish his doctorate and re-selected on 23rd October 1529. Nostradamus experienced some difficulty in clarifying his strange cures and medicines he utilized in the open country. In any case his learning and capacity couldn't be denied and he got his doctorate. He remained educating at Montpellier for a year yet at this point his new speculations, for example his refusal to drain patients, were raising a ruckus and he set off upon another spate of meandering. Hitched While rehearsing in Toulouse he got a letter from Julius-Cesar Scaliger, the scholar considered second just to Erasmus all through Europe. Evidently Nostradamus' answer so satisfied Scaliger that he welcomed him to remain at his home in Agen. This life fit Nostradamu... ...avelling she came to Salon and visited Nostradamus. They feasted and Catherine gave Nostradamus the title of Physician in Ordinary, which conveyed with it a compensation and different advantages. Will Be that as it may, at this point the gout from which Nostradamus endured was going to dropsy and he, the specialist, understood that his end was close. He made his will on seventeenth June 1566 and left the enormous aggregate, for those days, of 3444 crowns well beyond his different belongings. On first July he sent for the neighborhood cleric to give him the last ceremonies, and when Chavigny disappeared from him that night, he revealed to him that he would not see him alive once more. As he himself had anticipated, his body was discovered the following morning. Memory He was burried upstanding in one of the dividers of the Church of the Cordeliers at Salon, and his better half Anne raised an awe inspiring marble plaque to his memory. Nostradamus' grave was opened by offbeat warriors during the Revolution however his remaining parts were reburied in the other church at Salon, the Church of St. Laurent, where his grave and picture can in any case be seen. Book index: Coming up next is a life story of Michel de Nostredame, it is a portion from Erika Cheetham, The Prophecies of Nostradamus.

Saturday, August 22, 2020

Lascaux cave paintings Essay Example For Students

Lascaux cavern artistic creations Essay The Lascar cavern artistic creations On September 12, 1940 in Doreen, Prance, four men named Marcel Arrival, Jacques Marshal, Simon Sconces, and Georges Aging, happened upon a since a long time ago overlooked cavern Lascar. The Lascar cavern, presently a World Heritage site, has been known as the Lascar bestiary. An upset happened in the making of craftsmanship during the upper Paleolithic Era in Europe. Starting around 40,000 B. C. , records shows that cutting edge people supplanted Neanderthals and remained the main primate occupants across Europe. At about a similar time the most punctual craftsmanship was made. These inventive accomplishments fall into one out of two classes. Works of art and etchings found in caverns along dividers and roofs are parietal craftsmanship. The caverns where canvases have been found are well on the way to not have filled in as haven, yet rather were for formal or strict purposes. The subsequent class, versatility craftsmanship, incorporates etched articles which are normally discovered covered at home destinations. The painted dividers of the collapses Lascar are wounds of the most amazing and notable masterful manifestations of Paleolithic people. In spite of the fact that there is one human mage (painted people are uncommon in Paleolithic workmanship), a large portion of the artistic creations show creatures found in the encompassing region, for example, buffalo, mammoths, ibex, bulls, ponies, deer, lions, bears, and wolves, They are the two creatures that would have been pursued and eaten just as those that were dreaded predators, (for example, lions, bears, and wolves No vegetation or painting of nature is appeared around the creatures. These photos are joined by signs and some human portrayals, for example, a man confronting a charging buffalo, bringing up new issues about our ancient precursors.

Friday, August 21, 2020

Audit and Internal Control Issues Coursework Example | Topics and Well Written Essays - 1500 words

Review and Internal Control Issues - Coursework Example In the following segment, the report recognizes the trial of controls to be performed for getting adequate fitting review proof according to buys made during a year. Ultimately, the report talks about the meaningful systems, which are to be done to acquire sensible affirmation with respect to the unwavering quality and accuracy of the data relating to stock in the fiscal reports of the organization. A. Key Business Risks, Possible Consequences and Risk Mitigating Strategies Since the organization is experiencing a declining stage undoubtedly, it is relevant to consider zones which require management’s consideration. The expansion in the representative turnover rate and the way that there are scarcely any accomplished experts left in the records branch of the organization present noteworthy dangers comparable to the activities of the organization and the planning and introduction of fiscal summaries which are liberated from material errors. Aside from this, the expansion in con tenders of the business likewise represents a huge danger in future. Every one of these dangers can act together to bring about a hazard identified with going worry of the business. From an auditor’s proficient doubt perspective, these dangers and advancements can have genuine ramifications on the money related detailing and inside controls kept up by the organization, since there is a likelihood that administration may attempt to oversee income and exaggerate the business income and benefits of the business. What's more, more prominent worker turnover mirrors that there is a persistent inflow of new unpracticed representatives who are relied upon to be less mindful of the methods and practices followed in the organization. Besides, the company’s computerized buy the board framework is likewise viewed by the representatives as wasteful because of the complexities and absence of ease of use and consequently the exchanges are frequently recorded physically in the framewo rk. This manual act of recording exchanges is another zone where deceitful exercises may occur and purposeful errors might be made by the work force answerable for information section. In addition, there are just two people in the association who have abilities to work the framework. In conclusion, the organization of the board is likewise a territory of worry; there are various affiliations of board individuals and there is a hazard that the individuals may have some irreconcilable situation which may advance deceptive practices (Rittenberg, Johnstone and Gramling 2011). Keeping in see these dangers and their potential outcomes, the organization can find a way to moderate these zones and defeat these escape clauses. Most importantly, there will be suitable estimates taken to guarantee that representative turnover is brought down to an insignificant level so as to guarantee that accomplished and proficient staff individuals are working in the organization and in this way the capacit y of money related revealing, specifically, runs easily. Then again, there ought to be a goals gone for the revelation of director’s enthusiasm for Sucre Delights Limited and different organizations, in order to distinguish and counter any irreconcilable circumstances. The computerized framework will be made more easy to use with the goal that the clients can run the framework effectively and are slanted to utilize it. Additionally, the way that there are just two

Sunday, June 7, 2020

Linguistic Anthropology Essay - 550 Words

Linguistic Anthropology (Essay Sample) Content: Linguistic AnthropologyStudent:Professor:Course title:Date:Linguistic AnthropologyFor this assignment, the paragraph located for this assignment is a paragraph on page 251 of the textbook. The second paragraph in that page is used.Part One: Phonemes and the International Phonetic AlphabetThe following words of the paragraph are translated into the symbols of the International Phonetic Alphabet.Text to be translated: Polygyny is particularly common in traditional food-producing societies that support themselves by herding grazing animals or growing crops and where women do the bulk of cultivation. After translation: É ¸Ãƒâ€°Ãƒâ€°Ãƒâ€°Ã‚ £Ãƒâ€°Ãƒâ€°Ã‚ £Ãƒâ€°Ã‚ ²Ãƒâ€°Ã‚ £ É ªÃƒÅ'ʃ É ¸Ãƒâ€°Ã‚ ÃƒÅ Ã‚ ÃƒÅ Ãƒâ€°Ã‚ ªÃƒÅ'ÉÊÅ  Ãƒâ€°Ãƒâ€°Ã‚ ÃƒÅ Ã‚ Ãƒâ€°Ãƒâ€°Ã‚ £ ÉÉÉÉÉÉ ² É ªÃƒÅ'É ² ÊÊ Ãƒâ€°Ã‚ Ãƒâ€°Ãƒâ€°Ã‚ ªÃƒÅ'ÊÉ ªÃƒÅ'ÉÉ ²Ãƒâ€°Ã‚ Ãƒâ€° fÉÉÉ É ¸ÃƒÅ Ã‚ Ãƒâ€° ÉÉÉ ªÃƒÅ'É ²Ãƒâ€° ʃÉÉÉ ªÃƒÅ'ÉÅ ¡ÃƒÅ Ãƒâ€°Ã‚ ªÃƒÅ'ÉÅ ¡ÃƒÅ Ã†â€™ ÊÉÉ ÃƒÅ  ʃÊÅ  Ãƒâ€°Ã‚ ¸Ãƒâ€°Ã‚ ¸Ãƒâ€°ÃƒÅ Ã‚ ÃƒÅ  ÊÉÉÅ ¡Ãƒâ€°ÃƒÅ Ã†â€™Ãƒâ€°Ã… ¡Ãƒâ€°ÃƒÅ Ã…’ÉÅ ¡ÃƒÅ Ã†â€™ ÃŽÂ ²ÃƒÅ Ã… ½ ÉÉÅ ¡ÃƒÅ Ã‚ Ãƒâ€°Ãƒâ€°Ã‚ ªÃƒÅ'É ²Ãƒâ€° É Ãƒâ€°Ã‚ ²Ãƒâ€°Ã‚ ªÃƒÅ'ÉÉ Ãƒâ€°ÃƒÅ Ã†â€™ ÉÊ  ÉÊ Ãƒâ€°ÃƒÅ Ã‚ Ãƒâ€°Ã‚ ªÃƒÅ'É ²Ãƒâ€° ÉÊ Ãƒâ€°Ãƒâ€°Ã‚ ¸ÃƒÅ Ã†â€™ É Ãƒâ€°Ã‚ ²Ãƒâ€° Ê Ãƒâ€°Ãƒâ€°Ã… ¡Ãƒâ€°Ã‚ ¾Ãƒâ€°Ã… ¡ Ê Ãƒâ€°Ãƒâ€°Ãƒâ€°Ã… ¡Ãƒâ€°Ã‚ ² ÉÉ ÊÉÉÅ ¡ ÃŽÂ ²ÃƒÅ Ã…  Ãƒâ€°k Éf ÉÊÅ  Ãƒâ€°ÃƒÅ Ãƒâ€°Ã‚ ªÃƒÅ'ʌɠÃƒÅ Ãƒâ€°Ã‚ ªÃƒÅ'ÉÉ ². It is worth mentioning that when typing the words for translation, the letters K and F could not be translated since these letters are of the Latin alphabet (Szynalski, 2011). As such, to type the letters k and f for the words bulk, food and of the keyboard was used. According to Kies (2010), the International Phonetic Alphabet (IPA) is essentially the oldest and the main representative organization for phoneticians. Established in Paris in the year 1886, IPA aims at promoting the scientific study of phonetics and the different practical applications of that science. To further this aim, the IPA offers the academic community all over the world with a notational standard for the phonetic representation of every language the International Phonetic Alphabet (Szynalski, 2011). The IPA is fundamentally an alphabetic system of phonetic association that is based largely on the Latin alphabet.Part two: Morphemes, Bound and FreeThe first 40 words of the text divided into different morphemes. The text is as follows:Polygyny is particularly common in traditional food-producing societies that support themselves by herding grazing animals or growing crops and where women do the bulk of cultivation. Under these conditions, women are va lued both as workers and as child bearers. BecausePolygynyFisFparticularF/lyBcommonFinFtraditionF/alBfoodFproducF/ingBsocietyF/iesBthatFsupportFthemF/selveB/sBbyFherdF/ingBgrazeF/ingBanimalF/sBorFgrowF/ingBcropF/sBandFwhereFwomenFdoFtheFbulkFofFcultivateF/ionB. UnderFtheseFconditionF/sB, womenFareFvalueF/dBbothFasFworkF/erB/sBandFasFchildFbearF/erB/sB. BecauseFMorphemes comprise the smallest units of language and they have great importance in grammar they are actually what make up words. A morpheme is essentially understood as a short segment of language which meets 3 essential criteria: first, it is a word or it is an element of a word that has a meaning. Secondly, it cannot be split into smaller meaningful parts without altering its meaning or without leaving a meaningless remainder (Reichle, 2013). The main types of morphemes are bound morphemes and fre...

Sunday, May 17, 2020

Public Debt Why Private Debt Is The Bigger Problem Essay

Public vs. Private Debt: Why Private Debt is the Bigger Problem, and how it got So Out of Hand Much of the rhetoric regarding growing American debt and its detrimental effects focuses on public debt—government debt acquired through deficits and government borrowing. The clear concern many have regarding public debt is not undue; with that said, it is worth noting that usually government debt, and even consecutive deficits—if managed correctly—are relatively benign. Particularly when compared to the much more harmful and far less scrutinized form of debt, private debt—debt that is accumulated by private citizens and corporations through credit cards, mortgages, student loans, corporate loans, etc. It is time private debt and the multitude of reasons it is a cause for concern are discussed more widely. Public debt in the United States is in the region of $18 trillion and a little over 100% of GDP. Private debt on the other hand is in excess of $40 trillion—more than double—and more than 220% of GDP. Public debt is vexatious, but it is unlikely to precipitate a complete collapse of the American economy. Moreover, the sharp increase in public debt since the 2008 recession is within reason. The 2008 recession caused the loss of millions of jobs, which in-turn resulted in two notable effects—a reduction in government revenue due to diminishing tax receipts, and an increase in government spending due to an increase in unemployment. This exact paradigm occurred in virtually allShow MoreRelatedThe Debt Problem For Spain Essay1710 Words   |  7 PagesThe debt problem for Spain, however, is not entirely only a problem for the government. In fact, most of the debt burden is on households, and non-financial corporations, which together with non-profit organizations (negligible) make up the total value of the private sector debt. We have already analyzed the reason why the household sector accumulated debt, mainly through the real estate crash after the crisis in the first section. On the other hand, the non-financial corporations, represent theRead MoreBusiness Analysis : Sole Trader1056 Words   |  5 Pagesideas into the company and can support with decision making. Although, if one of the businesses fall into the red-zone (debt) companies that are involved in the partnership will need to clear the debts, and if bankruptcy happens, all the partners will have to clear the debts, even if they are forced to sell personal belongings. Disagreements among the partners can lead to problems for the businesses involved and may even cause the partnership to be closed. Before businesses can join or begin partnershipsRead MoreWhy so Expensive?922 Words   |  4 PagesWhy So Expensive? College is said to be some of the best years of your life. 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Without transferring control to the private sector, the government can rise money by sellingRead MoreA Brief Note On The Local Business Industry1451 Words   |  6 Pagesaround the world. Describe the 3 different sectors in businesses †¢ Private – a private company is something that is owned by a private individual. Their main aim is to make a huge profit so they can spend all the money on their selves. The owners have a full decision of who they want to work for them. Most private business usually wants to grow their business to gain a whole lot of profit. For example McDonalds owner is 100% private so all the profit that he makes goes straight to him. Some businessRead MoreShould College Be Free College?848 Words   |  4 Pages Free College Why are not more people going to college? One obvious answer would be cost, especially the cost of tuition. But the problem is not just that college is expensive. It is also that going to college is complicated. 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Thus, students from low-income families are reported to have more debt than non- Pell Grant recipients† (qtd. in Yoon 106). The facts here make one wonder why the Pell Grant does not cover as much as it used to. If students are qualifying for this grant it is because they are in financial need. The irony of this grant is that students who cannot afford to atten dRead MoreThe Federal Debt Of The United States Of America1543 Words   |  7 PagesThe Notorious Federal Debt of The United States of America Alexander Hamilton was the first individual who introduced the national debt to the U.S. believing that having a debt would be a national blessing. As decades and centuries past by the federal debt continued to grow which led economist’s believing that deficit spending is an important factor. Another contributor to this national debit is also the federal budget the President and congress go over every year, which includes an accelerated

Wednesday, May 6, 2020

Questions On The Stopping Of A Child Tv Channel - 1524 Words

2.2 Stopping: 2.2.1 The sound /r/ changes to alveolar stop /t/ in word final position as in: 8 (a) L: fÉ ª abrat kef halÉ ªk Abrat? there-is Abrar how state-you Abrar? â€Å"How are you Abrar?† (b) L: ma-fi tjut al-zanna nothing-there is birds the-heaven â€Å"There is no Toyoor Aljanna† First, â€Å"Toyoor Aljanna† is a name of child TV channel which literally means â€Å"birds of heaven† The target word /abrar/ in 8 (a) changes to /abrat/ and /tË jur/ â€Å"Birds† in 8 (b) to /tjut/, it seems that /abrar/ changes to /abrat/ because the retroflex /r/ occurs two times in the word, Lanan pronounced one and change the second as the above example. Lana’s mother and Abrar are trying to teach Lana how to pronounce the name /abrab/ properly, but in each time she articulated as /abrat/. As for the word, /tË jur/ she might change /r/ to /t/ because of the presence of the initial emphatic /tË /. She always assimilates /tË / to /t/ in any position of the word. So it’s going to be hard to pronounce the sounds /tË / and /r/ in one word. 2.2.2 Interdental /ÃŽ ¸/ changed to stop /t/ as in: (9) L: sufi lÉ ªlÉ ª gÉ” tani look-you let-it go again â€Å"Look, it is let it go again† The target word is pronounced as /ÃŽ ¸ani/ with voiceless interdental /ÃŽ ¸/, Lanan version pronounced as /tani/ withShow MoreRelatedMass Media as an Agent of Socialisation1747 Words   |  7 Pagesbook â€Å"Interdisciplinary English† by Loretta F. Kasper, Socialization is the process in which a child learns how to behave in life and participate in a group in society. Socialization has four basic/main agents: family, school, peers and the mass media. Each one of these agents plays a role in our lives. However, in my opinion, the most important agent of socialization for the development of the child is the Mass Media. The Mass media is a significant force in modern culture. 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My Favorite Activity Essay Example For Students

My Favorite Activity Essay My favorite activity is spending time with my daughter. She is 20 months old; she takes up all of my time, and I love it. My daughter and I do just about everything together. So I would have to say our favorite activity to do together is dance, we constantly listen to the radio. The reason is I love her to dance, and it also helps her on her coordination as well as mine. I love just watching my daughter dance though she cracks me up she tries her best, but she manages it. I help her along the way attempting to show her a couple of small dance moves. When we go anywhere to the mall or anywhere for that matter if my daughter hears the music she starts to dance. She waves her hands in the air and shakes her booty! I cheer her on and dance with her too, it doesn’t matter where we are we dance! The second reason I like her to dance is I don’t like having her watch a whole lot of T. V, for the fact it seems to be a constant babysitter for many kids and can develop ADD. However, if the television is on, it’s on a music channel or something educational. Some of the shows I will allow to be on are like for example Dora the Explore, Blues Clues, Baby Einstein, and, of course, the Music Channels. I’m not so much a television kind of person I like to be constantly doing something. So television for me is not one of my favorite activities to do. The final reason I would have to say why I love for me and my daughter to dance is we spend a lot of quality time together. Parents these days are a way to busy to know what’s really going on in their children’s lives. I like staying active in my daughter’s daily activities. I want her growing up knowing that no matter how busy I am I will always have time for her. For me, it won’t matter how busy I am or little time I may have I will do everything to be with her in her activities she will be doing as she grows up. So overall our favorite activity is dancing and creates quality time for us to spend together and to keep our relationship really close. I’m glad to have this opportunity with my daughter since not a whole lot of parents have that amount of time to spend with their child or children. So I would have to say that I’m a very lucky parent to have this communication with my daughter. As parents, we can only hope to keep our children on the right path and watch them grow up to be responsible adults. But as time passes I know all my efforts will pay off, and my daughter will know everything I did was for her, and I will always love her.

Monday, April 20, 2020

Robert Frosts The Road Not Taken Essays - Poetry, Literature

Robert Frost's The Road Not Taken The word decision is defined by Webster's Dictionary as, the act of deciding, or judgement. People have to make decisions in their lives all the time. One of the largest decisions is what to do after high school. This decision is certainly going to take you in one direction of another. And the places where your decisions would take you can differ greatly. Similarly, The Road Not Taken by Robert Frost uses symbolism to demonstrate that everyone is a traveler who chooses the road to follow on his or her journey in life. Each reader comes away with a slightly different meaning from the poem; their human condition will probably dictate the context in which they will interpret the poem. While the speaker chooses which path he ought to take in the woods in Robert Frost's The Road Not Taken, he also demonstrates that the decision, whether made whimsically or thought long and hard about, will change the speakers life in a way that can't be predicted. The poem starts with Two roads diverge in a yellow wood,/And sorry I could not travel both/And be one traveler, long I stood/And looked down one as far as I could... The speaker is faced with a decision. He can go down the road on the right, or he can go down the road on the left. But he realizes that he can do only one. The poem is in the past tence, therefore, the reader knows that the narrator is reflecting on a past experience. What will the traveler miss out on? There could very well be a strong feeling of regret before the choice is even made. The road that is chosen leads to the unknown as does every major decision in life. No matter how hard or long the speaker ponders which road to take, he won't be able to predict the future. And after his decision is made, he will never find out what could have been. The next stanza starts with,Then took the other, as just as fair,/And having perhaps the better claim, because it was grassy and wanted wear... The road that the man took was obviously not for everyone because it seemed to him that the majority of the people took the other path. The fact that the traveler chooses the less travled path over the more travled indicates the personality type of the traveler. The traveler seeks to be unique and go against the grain of society. He starts the next stanza with,And both that morning equally lay/In leaves no step had trodden black. The roads are described as if they had not been walked on that day. Perhaps, Frost does this because each time a person comes to the point where they have a decision to make, the situation seems new to them. Also, Frost probably made the narrator alone to emphasize how alone people are in their decisions. Next in the stanza, Frost says oh, I kept the first for another day!/Yet knowing how way leads on to way,/I doubted if I should ever come back. The traveler comes to the realization that he will never get to experience where the other road lead. He will continue on the road that he chose and he will never come to the same place where those same two roads diverged. Frost says in the next stanza,I shall be telling this with a sigh/Somewhere ages and ages hence:/Two roads diverged in a wood... The sigh in the poem is very important because how it is interpreted can change the whole meaning of the poem for the reader. If the reader interprets the sigh as a sigh of regret then the poem will be seen as an expression of that regret. The poem will have to do with the fact that we, as mortal humans don't have the ability to explore all of life's possibilities. However, if the sigh is seen as being more meaningless to the traveler, then the poem could be seen as a satire. And the travelers decision could be seen as more of a spur-of-the-moment choice. Then in reality, he deserves no credit for his decision and Frost would then be playing the role

Sunday, March 15, 2020

Growth of Nys Business essays

Growth of Nys Business essays For a number of reasons, business enterprise in New York grew by leaps and bounds between 1825 and 1860. New York's growth between the years 1825 and 1860 can be attributed to a number of factors. These include but cannot be limited to the construction of the Erie Canal, the invention of the telegraph, the developed of the railroads, the establishment of Wall Street and banking, the textile, shipping, agriculture and newpaper industries, the development of steam power and the use of iron products. On October 26, 1825 the Erie Canal was opened. The canal immediately became an important commercial route connecting the East with the Ohio and Mississippi Valleys. With tht time of travel cut to one-third and the cost of shipping freight cut to one-tenthof the previous figures, commerce via the canal soon made New York City the chief port of the Atlantic. The growing urban population and the contruction of canals, railroads and factories stimulated the demand for raw materials and food stuffs. In 1836 four-fifths of the tonnage over the Erie Canal came from western New York (North, 10 5). Much of this cargo was in the form of agriculture goods. The farmer become a shrewed businessaman of sorts as he tended to produce whatever products would leave him the greatest profit margin. The rise of the dairy industry was by far the most significant development in the agricultural history of the state between 1825 and 1860. Farmers discovered that cows were their most relliable money-makers, since both the domestic and foreign market kept demanding more dairy products (Ellis, 273). Price flucuations became increasingly important for the farming population between 1825 and 1860. Prices rose from the low level of the early 1820's until the middle 1830's and the farmer's shared in the general prosperity (271). Although the rapid industrialization and urbanization of New York had a great deal to do with the success of agricultural market...

Friday, February 28, 2020

Invented Tradition Essay Example | Topics and Well Written Essays - 1000 words

Invented Tradition - Essay Example In the mid 19th century the war between British and China has caused the leader of the British to concede. This was about the legalization of the opium by the Western to sell it to the drug addicts in China. Like in the present situation marijuana and other addicting substance are being sold anywhere. Racism is one of the invented traditions that are important in the development of the Asia or the Orient. It is one of the problematic notions in the Western. From the 19th century until now Westerns or the Europeans and Americans tends to look one person based on its race or history. The racism in Asian or the orient is not evident since they can adopt in different cultural norms and values. China for example has become successful today because of hard work and cooperation without tracing the race or beginnings. It is an invented tradition which may not help the development of a nation. The traditions can be grafted from the old ones. The western notion about race can still be adopted in a different ways. The traditional song or folksong can be the basis of identification of a certain nationality. In the past Asian such as the Philippines has several folksongs helping it in identifying the country. By this invented tradition several composers and writers have been able to compose several songs which was taken from the past and continued in the present. This song from the Western colony has been reorganized or arranged to adopt in the culture of the Asians. The historical development of the song from the Western notion has been changed thru repetitive arrangement of the song and several corrections on it. Now Asians or the Orient has its identity from the invented traditions of songs. Religions in the past are also a significant factor in the history of the Asians under the Europeans. Catholics before are devoted, the invented tradition of religion in western notion of Asians has been changed by changing several writings about the Bible. The result of several religious groups today maybe traced from the past. The war in the religion maybe the cause of different beliefs arises from the culture they are living. Before Westerns are believed to be Catholic, but now different groups with different names is arising adopting their beliefs from the Catholic. Invented tradition is useful since from the past we will be able to solve several problems from the present. The invented tradition may serve as an evidence of the present problem that can be solved by studying the past and the origin of the tradition. The problem in the racism as stated above can be solved by tracing back the tradition of the past. The history of the songs written and the national anthem of every nation can be understood by analyzing the past. Thru invented tradition the understanding about human relation will be clearly analyzed. Discrimination in certain western area can be prevented by tracing the past of such belief to the present situation of the Asian people in a western soil. The western notion about the niger or the black race can be changed by presenting the history of the Asian or the Orient. 2. What role has power and hierarchy

Tuesday, February 11, 2020

Myth of Demeter and Persephone in terms of ritual Essay

Myth of Demeter and Persephone in terms of ritual - Essay Example The same is applied with the Demeter and Persephone. Iliad portrays Demeter and her daughter Persephone as the lesser goddesses, where Demeter is sketched as the goddess of fertility, corn, harvest and mother earth, where she ruled over the areas including fertility, growth, wisdom, and bloom of the crops, fruits and vegetables. Similarly, Persephone served as the Maiden of Spring, though later she got the title of Queen of the underworld after her deceitful abduction at the hands of Hades, the Underworld King. Demeter’s rituals were celebrated with great enthusiasm in sowing and harvesting seasons i.e. in spring and autumn. Eleusinian Mystery is the ritual attributed to Demeter, which is celebrated to memorize her refuge in Eleusis town in the aftermath of her unsuccessful rummage around the earth for the lost Persephone. Since Demeter maintained sheer feelings of affection for Persephone, she did not let her depart from her sight. Somehow, she was trapped by Zeus for the Had es’ sake, and thus was shifted to the underworld in the wake of the eruption of earth during her gathering the cosmic flowers. Demeter searched for Persephone in all corners of the earth and also sought the support of gods, but no one bothered to help her at the hour of utter disgust. (Roberts, 1960) Consequently, Demeter caused famine and drought all over the earth, which destroyed all crops and cultivation met a sorrowful end. There was everything green and blossoming and people were happy and prosperous. But the anger of Demeter turned greenery into futility and barrenness and people became poignant and gloomy. Consequently, Zeus interrupted and ordered Hades to arrange meeting between Demeter and Persephone. However, Persephone was forced to take seed from the pomegranate of the dead, which did not let her stay with her mother for long. On disclosure of the very fact, Demeter refused to turn the lands fertile and productive again. Somehow, Zeus assured that Persephone wou ld stay with Demeter for six months, and would abide in the underworld for the remaining half year. The myth not only maintained imperative significance in its nature and scope, but also gave birth to the Greek celebrations and rituals for the future years to come. The rituals are based on the sense of hope, cultivation, blossoming, joy and mirth on the one hand, and despair, sorrow, gloom and cruelty on the other. The six months, attributed to union of the mother and daughter give message of hope, spirituality and courage, while their separation represents long awaiting, barrenness, tyranny, deceit and darkness. Somehow, the rituals of Demeter and Persephone are celebrated with unabated passion and spiritual fervor. The most noteworthy issue regarding the celebration of her ritual was the people’s passion for obtaining spiritual elevation on the one hand, and gaining the worldly gains on the other. Since Demeter’s temple provides spiritual and mental relief to the pil grims, her mysterious powers of fertility and bloom bless the people with children, economic prosperity, agricultural flourish and access to the pecuniary gains as well. It is therefore, the pilgrims travelled wide to reach Eleusis particularly in autumn, where the men and slaves kept fast till darkness of night. Demeter had secretly established her temple in Eleusis during her search for Persephone, and the Greeks celebrated the mystery once a year in autumn season which

Friday, January 31, 2020

Little Prince by Antoine De Saint-Exupery Essay Example for Free

Little Prince by Antoine De Saint-Exupery Essay The Little Prince or Le Petit Prince was inspired by the author Antoine de Saint Exupery’s real life experience and just added fictionalized images to make it real and understandable. It became the marvelous book written for children. Sold over 140,000,000 copies worldwide into more than 250 languages and has been one of the best-selling books published ever. According to Paris-based Saint-Exupery Foundation, The Little Prince is the most translated book in history after The Bible. It also known as â€Å"children’s fable for adult† as it conveys profound and idealistic views in human nature and its settings. Until now, The Little Prince is still the most advisable book not only for the children but also to the adults to read. Antoine de Saint Exupery was a French aviator and writer who became more popular with this novella, which was written in year 1943. After failing in a university preparatory school and was not able to pursue his real dream to become a naval officer. He entered into a different field which is architecture but still resulted in failures and he did not even graduated. In 1921, he started his military service and was sent to Strasbourg for training as a pilot. In 1926 he became one of the pioneers of international postal flight. Until an accident happened in 1935 wherein a sudden machine failure strike and crashed it in the Libyah Sahara desert. In four days of experiencing dehydration, there was a Bedouin on a camel discovered them and saved their lives. The book begins with the narrator, which is the Pilot reminiscing the days when he was a six year old boy. He was trying to draw a boa constrictor and shows it to the grown-ups, but they always advise that he should stop dreaming to become an artist instead he should focus in geography, grammar, arithmetic and history. So he gave up his dream to become an artist and choose another profession which is to pilot airplanes. And whenever he met someone, he always showed his drawings of boa constrictor and asked them if they know it. But he always gets an answer of â€Å"That’s a hat†. Then he would never talk to that person about boa constrictor again. Until a plane crash accident happened in Sahara Desert and he met the little prince that asking him to draw a sheep. After three attempts and failed to draw a sheep, he decided to draw a box instead and explained that the sheep were inside of it. That was the start of their friendship. The narrator soon found out that the little prince came from what he called his planet which is Asteroid B-612. Where there can be found a baobabs, a two active volcanoes and a flower. As each day passed, the narrator soon learned to know the flower. Its importance and the way it was treated by the prince. When the prince is about to travel onto the other planet, he found himself in the neighborhood of asteroids 325, 326, 327, 328, 329 and 330. The first of them was inhabited by a king, who was said to rule everything but the real thing is it’s completely nothing. The second planet was inhabited by a conceited man, who always think that everyone were his admirer. The third planet was inhabited by a tippler, who is not consistent with what he’s saying. The fourth planet belonged to a businessman, who is busy in counting stars and also believes that he owns them. The fifth planet was the smallest planet wherein there was just a street lamp and a lamplighter. The little prince has thought that the lamplighter could be his friend and also because of the 1440 sunsets it has every day, but the planet is too small for them. The sixth planet was ten times larger than the last one. It was inhabited by a geographer who wrote voluminous books. He was thought as an explorer and was asked several questions in his own planet. On the latter part, the geographer advised the planet Earth as the best to visit. When the little prince arrived in on the planet earth, he first met a snake claims that through his poison he can bring the little prince back to his planet. Had talk to a three-petaled flower, climbed in to highest mountain hoping to see a human. Then he found a rose garden that made him depressed because he thought of his flower in his planet which acclaimed she’s one of a kind. He also met a fox and they became friends. The fox made him realize what makes his flower unique is because of the way he gave importance to it. The prince continued his journey where he met the railway switchman and a merchant. He discovered lot of new things about differences of grown-ups and the children. Back to the present, the narrator experiencing dehydration and with the help of the little prince, he found a well. Later he found out that the little prince was deciding to go back to his planet for his flower through the help of the snake. The little prince made a very sentimental farewell but the narrator refuses to leave him alone in the desert. Soon, the little prince allowed the snake to bite him and falls without making a sign. The next morning, the narrator was not able to find the body of the little prince and concluded that he must be already at his planet. The story ends with a portrait of the landscape where they have met. Making the readers engage if some day they will be in African desert, and will meet a little man with the same characteristics. That will surely be the little prince. The Little Prince is known as a children fable and an example of allegory. Merriam Webster Dictionary defines allegory as the expression by means of symbolic fictional figures and actions of truths or generalizations about human existence. There are many symbolic fictional figures to consider in the story. First the stars, it symbolizes the feeling and emotions of humans. It also symbolizes the mystery of the universe. Secondly, the planets and the remarkable persons can be found on it. They symbolize the group of people, where different type or attitudes of grown-ups are in. Thirdly, the rose symbolizes as the comfort zone. If you won’t get out of it, you won’t discover or know a lot of important things. Fourthly, the trains which can be found in Chapter 22, it symbolizes the things how people rushed things and wasn’t able to see the importance of its existence. Lastly, the water symbolizes a spiritual fulfillment or as a completion for what supposed to be done. The point of view in the poem is a first person, which is the pilot. But mostly focuses in narrating the story up to the end. Still the question is, who is this book really written for? Yes, it has been said that this is good for both children and adults. But there are some ideologies might not be understandable for the children, just like the bizarre story of a little prince that fell in love with his flower. And for the adults wherein their negative perspective has been criticize. Is that what really the book for? A blogger named Erin (2008) of Goodreads said that â€Å"We are all children in adults bodies. Yes we are, dont think we arent for one moment. The fact that we WERE, indeed, children, is a huge part of each of us. It is possible to shed a few appreciative tears on every page of this book if you entertain the thought that the pilot IS The Little Prince. Maybe you wont think thatmaybe youll have your own take on the bookthats the magic about it†¦Consider honoring the Little You that still remains, and resides within you, and read this salute to childhood, to innocence, and to you. It just takes a Little imagination and bravery.† This book is made to tickle the imagination of the children as well as to show sort of the reality about grown-ups. Every story has its own moral lesson. In this story, children can have their own realization on reading it. Adults can also have their own insights about themselves. It’s good for the children to read because of its illustration, based on an open source site Wikipedia, The Little Prince was illustrated through watercolors painted personally by Exupery. Another unknown reviewer noted that the author Exupery chose the best illustrations to maintain the ethereal tone he wanted his story to exude. Choosing between ambiguity and literal text and illustrations, Saint-Exupà ©ry chose in every case to obfuscate. Also, good for the young adults because of its humorous attack in portraying values. The mood is first a mystery, wherein the little prince did not reveal where he comes from. It captures the imagination of the readers. Until pieces by pieces it became adventure when the little prince started to tell the story of his journey in seven planets including the Earth. The tone of the story is much more with being regretful when the little prince left his flower alone in his planet. Curiosity in the part of the narrator; about his real identity and where did he came from. Happiness and sadness all throughout the days were the narrator and the little prince were together in the desert. But at the end, still being able to treasure the moments they have together makes each characters happy. Philosophical approach is used because it mostly focuses in dealing with the undesirable values of grown-ups. Then a part of it is Biographical because some scenes are almost similar with the experience of the author. Example of this is the narrator’s boa constrictor drawing but grown-ups were always telling him that it’s a hat. For the author, this scene may be similar when he failed to enter in the preparatory university school and wasn’t able to pursue his dreams. Instead he ended up for being an aviator. There is also a part of Introspective approach as cited in by Wahlig (2010), it’s a reader-response approach, where the reader takes an active role in garnering meaning or value from a text. The reader is responsible for taking an inventory of her own biases, values or assumptions prior to reading and pinpointing the ways that a text challenges or reinforces those traits. Introspective approaches also value the subjectivity of the readers experience and assume that an objective reading is either impossible or no more valuable than a subjective reading. It occurs when it simply engage the readers if through their own experiences in dealing with the attitude of grown-ups and will make a self realization if the book’s telling the truth towards their attitudes. As the mostly recommended book for children, the writer executed a different type of writing or illustrating the story. Exupery stated on page 19, chapter 4 of the Little Prince: â€Å"Figures are a matter of indifference. I should have liked to begin this story in the fashion of the fairy-tales. I should have like to say â€Å"Once upon a time there was a little prince who lived on a planet that was scarcely any bigger than himself, and who had need of a sheep†¦Ã¢â‚¬  â€Å"to those who understand life, that would have given a much greater air of truth to my story.† The way he uniquely narrate the story is one factor why this became remarkable not only to the children but also to the French literature. This book is full of symbols and meanings, but what are the moral lessons? Valuing life as well as the little things on it is the highlight of this story. Everything we say or show to others will reflect to everyone’s who’s involved until the end. Just like what happened to the narrator of the story, he wanted to be an artist and also tried to show his drawings numbers one and two to the grown-ups of a boa constrictor. But he always gets a wrong interpretation and insisting him not to pursue his dream of being an artist instead focus on grammar, arithmetic, geography and history. The negative side of it reflected when he became a pilot, and someone asked him to draw a sheep. He did not know how to draw anything aside from boa constrictor since he stopped to draw when he failed about his boa constrictor. Also in reality, the way how people look more in to the physical appearance than to the inner side. Like on Chapter 4, where there was a Turkish astronomer in 1909 in a Turkish costume. Nobody believed on what he said about asteroid B-612 because of his look. And when he tried to present it again in European costume, everybody accepted his report. â€Å"It is only with the heart that one can see rightly; what is essential is invisible to eye.† Grown-ups are indeed so much like that, for them figures are more important than its meaning. The interpretation or understanding of the story will always depend on how it will touch one’s heart. References: * Adamson, Thomas Little Prince discovery offers new insight into classic book, The Times Tribune May 2012 * De Saint- Exupery, Antoine, The Little Prince, B. Jain Publishers (P) Ltd.  © * Goodreads, The Little Prince http://www.goodreads.com/book/show/157993.The_Little_Prince * Wahlig, Hannah, Types of Approaches in Literary Analysis, http://www.ehow.com/info_8368198_types-approaches-literary-analysis.html * Wikipedia, Antoine De Saint-Exupery http://en.wikipedia.org/wiki/Antoine_De_Saint_Exupery * Wikipedia, The Little Prince http://en.wikipedia.org/wiki/The_Little_Prince

Thursday, January 23, 2020

Exploring the Role of Marriage in Paradise Lost Essay -- Religion God

Exploring the Role of Marriage in Paradise Lost In his epic poem, Paradise Lost, John Milton addresses the role of woman and man within the institution of marriage. More specifically, he explores why such a bond is considered sacred within the context of his Protestant religion. The book of Genesis offers two guidelines for an ideal marriage, both exemplified in the relationship between Adam and Eve. The first account states, â€Å"Therefore shall a man leave his father and his mother, and shall cleave unto his wife: and they shall be one flesh† (Gen. 2.24). A contextual reading gives the reader the impression that God encourages man and wife to pursue a spiritually enriched relationship, in which they share such intimate feelings that they seem to become a single person. The second account translates the word of God, â€Å"Be fruitful and multiply† (Gen. 1.28). This statement asserts that procreation is an important aspect of an ideal marriage. Milton’s own account of Genesis within Paradise Lost, supp orts the first account, but does not discount the latter. Adam and Eve are the original parents of mankind, and do procreate within the Garden of Eden. However, Milton chooses to focus much more on the bond shared between them, instead of the results of their sexual relationship. Adam and Eve maintain a partnership that involves deep friendship and understanding for one other. Connecting with one another allows them to maintain a structured relationship without any confusion as to each role within the relationship. Concentrating on the bond between one another allows them this clarity, much like, in Protestant religion, a strong devotional relationship to God allows clarity within one’s life. In emphasizing the importance of t... ...: A Study of the Divorce Tracts and Paradise Lost. Yale University Press. Conn.: New Haven, 1970. 3. Marilla, E.L. Milton & Modern Man. University of Alabama Press. Alabama: University, 1968. 4. Milton, John. Paradise Lost. The Riverside Milton. Ed. Roy Flannagan. Houghton Mifflin Company. Mass: Boston, 1998. 5. Nyquist, Mary. â€Å"The Genesis of Gendered Subjectivity in the Divorce Tracts and in Paradise Lost.† Critical Essays on John Milton. Ed. Christopher Kendrick. G.K. Hall & Co. New York, 1995. 6. Samuel, Irene. â€Å"The Dialogue in Heaven: A Reconsideration of Paradise Lost.† Milton, Modern Essays in Criticism. Ed. Arthur E. Barker. Oxford University Press. New York, 1965. 7. â€Å"The First Book of Moses, Called Genesis.† Handout. 9 October 2003.

Wednesday, January 15, 2020

Acquisition is a High Risky Strategy Essay

In the literature, several motives for takeovers have been identified. One is the desire for synergy. That is, similarities or complementarities between the acquiring and target firms are expected to result in the combined value of the enterprises exceeding their worth as separate firms (Collis and Montgomery, 1998). A second motive involves the expectation that acquirers can extract value because target companies have been managed inefficiently (Varaiya, 1987). A third motive is attributed to managerial hubris – the notion that senior executives, in overestimating their own abilities, acquire companies they believe could be managed more profitably under their control. Agency theory motive is the anticipation that firm expansion will positively impact the compensation of top managers since there tends to be a direct relation between firm size and executive pay. Contemporary specialists contend that managerial ownership incentives may be expected to have divergent impacts on corporate strategy and firm value. This premise has been recognized in previous studies. For instance, Stulz (1988) has examined the ownership of managers of target companies and has proposed that the relationship between that ownership and the value of target firms may initially be positive and then subsequently become negative with rising insider ownership. Moreover, Shivdasani (1993) empirically shows that the relationship of the ownership structure of target companies with the value of hostile bids is not uniformly positive. McConnell and Servaes (1990) have likewise analyzed the relationship of equity ownership among corporate insiders and Tobin’s q. Their results demonstrate a non-monotonic relation between Tobin’s q and insider equity stakes. Wright et al. (1996: 451) have shown a non-linear relationship between insider ownership and corporate strategy related to firm risk taking. Ownership Incentives and Changes in Company Risk Motivating Acquisitions An agency-theoretic motive for acquisitions has been used to explain managerial preferences for risk-reducing corporate strategies (Wright et al., 1996). The implication is that both principals and agents prefer acquiring target companies with higher rather than lower returns. In that, shareholders and managers have congruent interests. The interests, however, diverge in terms of risk considerations associated with acquisitions. Because shareholders possess diversified portfolios, they may only be concerned with systematic risk and be indifferent to the total variance of returns associated with a takeover. Senior managers may alternatively prefer risk-reducing corporate strategies, unless they are granted ownership incentives. That is because they can not diversify their human capital invested in the firm. In the literature, it has been argued that agency costs may be reduced as managerial ownership incentives rise. The reason is that, as ownership incentives rise, the financial interests of insiders and shareholders will begin to converge. Analysts conjecture, however, that such incentives may not consistently provide senior executives the motivation to lessen the agency costs associated with an acquisition strategy. Inherent is the presumption that the nature of executive wealth portfolios will differently influence their attitudes toward corporate strategy. The personal wealth portfolios of top managers are comprised of their ownership of shares/options in the firm, the income produced from their employment, and assets unrelated to the firm. Presumably, as senior executives increase their equity stakes in the enterprise, their personal wealth portfolios become correspondingly less diversified. Although stockholders can diversify their wealth portfolios, top executives have less flexibility if they own substantial shares in the firms they manage. Hence, if a significant portion of managers’ wealth is concentrated in one investment, then they may find it prudent to diversify their firms via risk-reducing acquisitions. In the related literature, however, takeovers and risk taking have been approached differently from the described approach. Amihud and Lev (1999) have contended that insiders’ employment income is significantly related to the firm’s performance. Thus, managers are confronted with risks associated with their income if the maintenance of that income is dependent on achieving predetermined performance targets. Reasonably, in the event of either corporate underperformance or firm failure, CEOs not only may lose their current employment income but also may seriously suffer in the managerial labor market, since their future earnings potential with other enterprises may be lowered. Hence, the risk of executives’ employment income is impacted by the firm’s risk. The ramification of Amihud and Lev’s (1999) contentions is that top managers will tend to lower firm risk, and therefore their own employment risk, by acquiring companies that contribute to stabiliz ing of the firm’s income, even if shareholder wealth is adversely affected. Consistent with the implications of Amihud and Lev’s arguments, Agrawal and Mandelker (1987) have similarly suggested that managers with negligible ownership stakes may adopt risk-reducing corporate strategies because such strategies may well serve their own personal interests. With ownership incentives, however, managers may be more likely to acquire risk-enhancing target companies, in line with the requirement of wealth maximization for shareholders. The notion that at negligible managerial ownership levels, detrimental risk-reducing acquisition strategies may be emphasized, but with increasing ownership incentive levels, beneficial risk-enhancing acquisitions may be more prevalent is also suggested in other works (Grossman and Hoskisson, 1998). The conclusion of these investigations is that the relationship between insider ownership and risk enhancing, worthy corporate acquisitions is linear and positive. Some experts assert that CEOs’ personal wealth concentration will induce senior managers to undertake risk-reducing firm strategies. Portfolio theory’s expectation suggests that investors or owner-managers may desire to diversify their personal wealth portfolios. For instance, Markowitz (1952: 89) has asserted that investors may wish to â€Å"diversify across industries because firms in different industries. . . have lower covariances than firms within an industry.† Moreover, as argued by Sharpe (1964: 441), â€Å"diversification enables the investor to escape all but the risk resulting from swings in economic activity.† Consequently, managers with substantial equity investments in the firm may diversify the firm via risk-reducing acquisitions in order to diversify their own personal wealth portfolios. Because they may be especially concerned with risk-reducing acquisitions, however, their corporate strategies may not enhance firm value through takeovers, although managerial intention may be to boost corporate value. The above discussion is compatible with complementary arguments that suggest that insiders may acquire non-value-maximizing target companies although their intentions may be to enhance returns to shareholders. For instance, according to the synergy view, while takeovers may be motivated by an ex-ante concern for increasing corporate value, many such acquisitions are not associated with an increase in firm value. Alternatively, according to the hubris hypothesis, even though insiders may intend to acquire targets that they believe could be managed more profitably under their control, such acquisitions are not ordinarily related to higher profitability. If acquisitions which are undertaken primarily with insider expectations that they will financially benefit owners do not realize higher performance, then those acquisitions which are primarily motivated by a risk-reducing desire may likewise not be associated with beneficial outcomes for owners. Additionally, it can be argued that shareholders can more efficiently diversify their own portfolios, making it unnecessary for managers to diversify the firm in order to achieve portfolio diversification for shareholders. Risk Associated with HRM practices in International Acquisitions There are a number of reasons why the HRM policies and practices of multinational corporations (MNCs) and cross-border acquisitions are likely to be different from those found in domestic firms (Dowling, Schuler and Welch, 1993). For one, the difference in geographical spread means that acquisitions must normally engage in a number of HR activities that are not needed in domestic firms – such as providing relocation and orientation assistance to expatriates, administering international job rotation programmes, and dealing with international union activity. Second, as Dowling (1988) points out, the personnel policies and practices of MNCs are likely to be more complex and diverse. For instance, complex salary and income taxation issues are likely to arise in acquisitions because their pay policies and practices have to be administered to many different groups of subsidiaries and employees, located in different countries. Managing this diversity may generate a number of co-ordination and communication problems that do not arise in domestic firms. In recognition of these difficulties, most large international companies retain the services of a major accounting firm to ensure there is no tax incentive or disincentive associated with a particular international assignment. Finally, there are more stakeholders that influence the HRM policies and practices of international firms than those of domestic firms. The major stakeholders in private organizations are the shareholders and the employees. But one could also think of unions, consumer organizations and other pressure groups. These pressure groups also exist in domestic firms, but they often put more pressure on foreign than on local companies. This probably means that international companies need to be more risk averse and concerned with the social and political environment than domestic firms. Acquisitions and HRM Practices: Evidence from Japan, the US, and Europe In contemporary context, international human resource management faces important challenges, and this trend characterizes many Japanese, US and European acquisitions.   From the critical point of view, Japanese companies experience more problems associated with international human resource management than companies from the US and Europe (Shibuya, 2000). Lack of home-country personnel sufficient international manage ­ment skills has been widely recognized in literature as the most difficult problem facing Japanese compa ­nies and simultaneously one of the most significant of US and European acquisitions as well. The statement implies that cultivating such skills is difficult and that they are relatively rare among businessmen in any country. Japanese companies may be particularly prone to this problem due to their heavy use of home-country nationals in overseas management positions. European and Japanese acquisitions also experience the lack of home country personnel who want to work abroad, while it is less of an impediment for the US companies. In the US acquisitions expatriates often experience reentry difficulties (e.g., career disruption) when re ­turning to the home country: This problem was the one most often cited by US firms.   Today Japanese corporations report the relatively lower incidence of expatriate reentry diffi ­culties, and it is surprising given the vivid accounts of such problems at Japanese firms by White (1988) and Umezawa (1990). However, the more active role of the Japanese person ­nel department in coordinating career paths, the tradition of semi ­annual musical-chair-like personnel shuffles (jinji idoh), and the continu ­ing efforts of Japanese stationed overseas to maintain close contact with headquarters might underlie the lower level of difficulties in this area for Japanese firms (Inohara, 2001). In contrast, the decentralized structures of many US and European firms may serve to isolate expatriates from their home-country headquarters, making reentry more problematic. Also, recent downsiz ­ing at US and European firms may reduce the number of appropriate management positions for expatriates to return to, or may sever expatri ­ates’ relationships with colleagues and mentors at headquarters. Furthermore, within the context of the lifetime employment system, individ ­ual Japanese employees have little to gain by voicing reentry concerns to personnel managers. In turn, personnel managers need not pay a great deal of attention to reentry problems because they will usually not result in a resignation. In western firms, reentry problems need to be taken more seriously by personnel managers because they frequently result in the loss of a valued employee. A further possible explanation for the higher incidence of expatriate reentry problems in western multinationals is the greater tendency of those companies to implement a policy of transferring local nationals to headquarters or other international operations. Under such a policy, the definition of expatriate expands beyond home-country nationals to en ­compass local nationals who transfer outside their home countries. It may even be that local nationals who return to a local operation after working at headquarters or other international operations may have their own special varieties of reentry problems. Literature on international human resource practices in Japan, the US and Europe suggest that the major strategic difficulty for the MNCs is to attract high-caliber local nationals to work for the company. In general, acquisitions may face greater challenges in hiring high-caliber local employees than do domestic firms due to lack of name recognition and fewer relationships with educators or others who might recommend candidates. However, researchers suggest that this issue is significantly more difficult for Japanese than for US and European multinationals. When asked to describe problems encoun ­tered in establishing their US affiliates, 39.5% of the respondents to a Japan Society survey cited â€Å"finding qualified American managers to work in the affiliate† and 30.8% cited â€Å"hiring a qualified workforce† (Bob ; SRI, 2001). Similarly, a survey of Japanese companies operating in the US conducted by a human resource consulting firm found that 35% felt recruiting personnel to be very difficult or extremely difficult, and 56% felt it to be difficult (The Wyatt Company, 1999). In addition to mentioned problem, Japanese acquisition encounter high local employee turnover, which is significantly more prob ­lematic for them due to the near-total absence of turnover to which they are accustomed in Japan. The US, European and Japanese companies admit very rarely that they encounter local legal challenges to their personnel policies. However, in regard to Japanese acquisitions large   amount of press coverage has been given to lawsuits against Japanese companies in the United States and a Japanese Ministry of Labor Survey in which 57% of the 331 respondents indicated that they were facing potential equal employ ­ment opportunity-related lawsuits in the United States (Shibuya, 2000). Conclusion This research investigates whether corporate acquisitions with shared technological resources or participation in similar product markets realize superior economic returns in comparison with unrelated acquisitions. The rationale for superior economic performance in related acquisitions derives from the synergies that are expected through a combination of supplementary or complementary resources. It is clear from the results of this research that acquired firms in related acquisitions have higher returns than acquired firms in unrelated acqui ­sitions. This implies that the related acquired firm benefits more from the acquirer than the unrelated acquired firm. The higher returns for the related acquired firms suggest that the combination with the acquirer’s resources has higher value implications than the combination of two unrelated firms. This is supported by the higher total wealth gains which were observed in related acquisitions. I did however, in the case of acquiring firms, find that the abnormal returns directly attributable to the acquisition transaction are not significant. There are reasons to believe that the announcement effects of the transaction on the returns to acquirers are less easily detected than for target firms. First, an acquisition by a firm affects only part of its businesses, while affecting all the assets (in control-oriented acqui ­sitions) of the target firm. Thus the measurability of effects on acquirers is attenuated. Second, if an acquisition is one event in a series of implicit moves constituting a diversification program, its individual effect as a market signal would be mitigated. It is also likely that the theoretical argument which postulates that related acquisitions create wealth for acquirers may be underspecified. Relatedness is often multifaceted, suggesting that the resources of the target firm may be of value to many firms, thus increasing the relative bargaining power of the target vis-a-vis the potential buyers. Even in the absence of explicit competition for the target (multiple bidding), the premiums paid for control are a substantial fraction of the total gains available from the transaction. For managers, some implications from the research can be offered. First, it seems quite clear from the data that a firm seeking to be acquired will realize higher returns if it is sold to a related than an unrelated firm. This counsel is consistent with the view that the market recognizes synergistic combinations and values them accordingly. Second, managers in acquiring firms may be advised to scrutinize carefully the expected gains in related and unrelated acquisitions. For managers the issue of concern is not whether or not a given kind of acquisition creates a significant total amount of wealth, but what percentage of that wealth they can expect to accrue to their firms. Thus, although acquisitions involving related technologies or product market yield higher total gains, pricing mechanisms in the market for corporate acquisitions reflect the gains primarily on the target company. Interpreting these results conservatively, one may offer the argument that expected gains for acquiring firms are competed away in the bidding process, with stockholders of target firms obtaining high proportions of the gains. On a pragmatic level this research underscores the need to combine what may be called the theoretical with the practical. In the case of acquisitions, pragmatic issues like implicit and explicit competition for a target firm alter the theoretical expectations of gains from an acquisition transaction. Further efforts to clarify these issues theoretically and empirically will increase our understanding of these important phenomena. Bibliography Sharpe WF. 1964. Capital asset prices: a theory of market equilibrium under conditions of risk. Journal of Finance 19: 425-442 Markowitz H. 1952. Portfolio selections. Journal of Finance 7: 77-91 Grossman W, Hoskisson R. 1998. CEO pay at the crossroads of Wall Street and Main: toward the strategic design of executive compensation. Academy of Management Executive 12: 43-57 Amihud Y, Lev B. 1999. Does corporate ownership structure affect its strategy towards diversification? Strategic Management Journal 20(11): 1063-1069 Agrawal A, Mandelker G. 1987. Managerial incentives and corporate investment and financing decisions. Journal of Finance 42: 823-837 Wright P, Ferris S, Sarin A, Awasthi V. 1996. The impact of corporate insider, blockholder, and institutional equity ownership on firm risk-taking. Academy of Management Journal 39: 441-463 McConnell JJ, Servaes H. 1990. Additional evidence on equity ownership and corporate value. Journal of Financial Economics 27: 595-612. Shivdasani A. 1993. Board composition, ownership structure, and hostile takeovers. Journal of Accounting and Economics 16: 167-198 Stulz RM. 1988. Managerial control of voting rights: financing policies and the market for corporate control. Journal of Financial Economics 20: 25-54 Varaiya N. 1987. Determinants of premiums in acquisition transactions. Managerial and Decision Economics 14: 175-184 Collis D, Montgomery C. 1998. Creating corporate advantage. Harvard Business Review 76(3): 71-83 White, M. 1988. The Japanese overseas: Can they go home again? New York: The Free Press. Bob, D., ; SRI International. 2001. Japanese companies in American communities. New York: The Japan Society.

Tuesday, January 7, 2020

Homeless Veterans Are Becoming More Prevalent Of The...

INTRODUCTION American homeless veterans are becoming more prevalent in the United States. Research will show that American veterans are an overrepresented population among the homeless in the U.S. A homeless veteran is an individual who lives on the streets, in abandoned buildings, vehicles, encampments, shelters, or transitional housing (Veterans Today, 2013). As a matter of fact, homeless veterans do not have a permanent residence under their control. Homelessness in general includes those who fit what Martha Burt, et al. (2004) called â€Å"street homeless†, which they defined as single adults who spend a lot of time on the streets; and the â€Å"chronically homeless†, which they defined as â€Å"being disabled and either continuously homeless for a year or more or having at least four homeless episodes during the last three years.† In all honesty, cities across the country are faced with challenges and disparities of homeless American veterans. Homelessness is visible in various ways in our local and state communities. It is the empirical individual standing at the intersection holding a printed sign of â€Å"Homeless – God Bless you†, an individual pushing a grocery cart filled with clothing, sticks, and other personal belongings. By the same token, these homeless individuals may also be seen pitching an old make ship tent under overpasses, and in nearby wooded areas. As a United States Veteran, it is discouraging and disheartening to see signs that read â€Å"Homeless Veteran –Show MoreRelatedEssay about The United States Homeless Population879 Words   |  4 PagesIntroduction In the United States the homeless population continues to grow rapidly. Homelessness has been a public health issue for many decades. Often times these individuals feel as though society has turned a blind eye to them. 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