Monday, May 25, 2020

Net Present Value and Question - 5593 Words

SEAT NUMBER: †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦ ROOM: .†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. FAMILY NAME.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.....†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. This question paper must be returned. Candidates are not permitted to remove any part of it from the examination room. OTHER NAMES†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦.. STUDENT NUMBER†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. SESSION 2 EXAMINATIONS NOVEMBER 2012 Unit Code and Name: AFIN252, Applied Financial Analysis and Management Time Allowed: 3 hours plus 10 minutes reading time. Total Number of Questions: 50 Multiple Choice Questions plus 8 full response questions. Instructions: 1. PART A (30 marks): There are 50 multiple choice questions. Answers to these must be recorded on a red-coloured General Purpose Answer Sheet which will be marked by a computer. Please make sure your name is on this sheet. 2.†¦show more content†¦Question 6 Coolibah Holdings Limited is expected to pay dividends of $1.13 every six months for the next three years. If the current price of Coolibah stock is $22.40, and Coolibah s equity cost of capital is 16%, what price would you expect Coolibah s shares to sell for at the end of three years? A) $26.74 B) $28.82 C) $29.36 D) $31.36 E) $34.96 4(41) Question 7 Ascension Limited will pay a dividend of $1.80 per share one year from today and a dividend of $2.40 per share two years from today. It is expected that Ascension s share price will be $44 per share immediately after the second dividend payment. If Ascension has an equity cost of capital of 8%, what is the maximum price that a prudent investor would be willing to pay for an Ascension Limited share today? A) $39.27 B) $40.22 C) $41.45 D) $42.40 Question 8 Which of the following statements is FALSE? A) As firms mature, their earnings exceed their investment needs and they begin to pay dividends. B) Total return equals earnings multiplied by the dividend payout rate. C) Cutting the firm s dividend to increase investment will raise the share price if, and only if, the new investments have a positive net present value (NPV). D) We cannot use the constant dividend growth model to value the shares of a firm with rapid or changing growth. 5(41) Question 9 Bandicoot Enterprises just announced that it plans to cut its dividend (in one yearShow MoreRelatedCaladonia Products Integrative Problem1382 Words   |  6 Pagesseveral mutually exclusive projects (Keown, Martin, Perry, Scott, 2005). The lack of experience on the assistants part has also lead to the CEO requesting not only that the assistant provide a recommendation but also to respond to a number of questions aimed at judging the assistants understanding of the capital budgeting process (Keown, Martin, Perry, Scott, 2005). Financial Assistants Assignment The financial assistant received the important assignment by memorandum from the CEORead MoreCase02 Piedmont1133 Words   |  5 Pagesthis question. The answers for this question assume a useful life of 5 years. Using a discount rate of 8 percent, the net present value of all benefits is $1,732,836.16; the net present value of all costs is $1,640,384.79; the overall net present value is $92,451.36, and the project breaks even in approximately 3.84 years. Using a 10 percent discount rate, the net present value of all benefits is $1,645,201.46; the net present value of all costs is $1,576,173.19; the overall net present value is $69Read MoreNet Present Value and Net Cash Flow1220 Words   |  5 PagesCHAPTER 26 NAME 10-MINUTE QUIZ A SECTION #___________________ Indicate the best answer for each question in the space provided. 1 Which of the following is not a capital budgeting decision? a Whether to acquire a subsidiary company. b Whether to expand a product line. c Whether to fill a special order. d Whether to purchase a fleet of trucks. 2 Which of the following is an example of a nonfinancial consideration in capital budgeting? a Will an investment generate adequate cash flows to promptlyRead MoreFinc600 Week 2 Practice Quiz737 Words   |  3 Pagescom/shop/finc600-week-2-practice-quiz/ Corporate Finance Week 2 Practice Quiz Question 1 of 15 If the Wall Street Journal Quotation for a company has the following values close: 55.14; Net chg: = + 1.04; then the closing price for the stock for the previous trading day was? A. $56.18 B. $54.10 C. $55.66 D. None of the above. Feedback: Previous closing = todays closing net chg. = 55.14 - 1.04 = $54.10 Question 2 of 15 The value of a common stock today depends on: A. Number of sharesRead MoreEssay about Rock Creek Golf Club1510 Words   |  7 PagesCase 27-2: Rock Creek Golf Club Submitted by: Adam Kessler Submitted to: Dr. Alan Czyzewski Submitted for: MBA 613 Submitted on: Wednesday, 4/11/12 Question 1 An amortization table has been completed regarding the potential loan that RCGC would need to obtain in order to fund the purchase of 40 gasoline-powered golf carts. RCGC would need to obtain a loan for $89,600 at an eight percent interest rate for five years with a payment due at the end of each year in order to fund the purchaseRead MoreCash Budget For 3 Months Ending 31st August 20151350 Words   |  6 Pages Question 1 Zahlee Ltd Cash budget for 3 months ending 31st August 2015 Appendix 1 June July August Receipts: Sales Cash 60’000 40’000 75’000 Credit (50%) 50’000 60’000 40’000 Sub-letting old warehouse 2’500 2’500 2’500 Loan received - - 30’000 Total receipts (a) 112’500 102’500 137’500 Payments: Purchases (suppliers) 60’000 50’000 50’000 Purchase of new transport vehicles 45’000 - 55’000 Wages 16’000 16’000 18’000 Overheads 19’000 23’000 21’000 Interest of bank loan 100 100 100Read MoreChapter 7— Net Present Value and Other Investment1149 Words   |  5 Pagesmanagers Chapter 7— Net Present Value and Other Investment Question 1 : List the methods that a firm can use to evaluate a potential investment. There are discounted and non-discounted cash-flow capital budgeting criteria to evaluate proposed investments. They are 1) Net present value: NPV is a discounted cash flow technique, which is the difference between an investment’s market value and its cost. NPV = Present value of cash inflow- Present value of cash outflow TheRead MoreWhy Is A Corporation?1106 Words   |  5 Pagesguaranteed when using NYSE. Question Two Operating cash flow results from the firm s normal business activities. Operating cash flow is calculated the net income against items such as changes to accounts receivable, changes in inventory, and depreciation (Farshadfar Monem, 2013). It measures whether an organization can generate sufficient positive cash flow. The adjusted activities do not involve actual money transactions such as depreciation which is a non-cash expense. Net working capital is definedRead MoreValuation Quiz Essay1381 Words   |  6 PagesQuestion 1 Palm amp; Suns (PS) free cash flows are expected to be $200 million next year and $488 million two years from now.   After that, free cash flows are expected to grow at a constant rate of 3% per year forever.   Pamp;S’s WACC is 11%, its cost of equity is 14% and its cost of debt is 9.5%.   They have $400 million of debt and $78 million in cash on their balance sheet.   Use the discounted cash flow model to find Pamp;S’s current equity value (rounded to the nearest million dollars). Read MoreThe Relationship Between Time And Money1545 Words   |  7 Pagesfoundation of every financial decision that we, the people made in the world today. Whether it will be saving money for a future event or considering a loan to pay for a current financial need. Everyday, everywhere people are greatly affected by the time value of money. Firms and organizations, investors and capitalists use this concept in particular for them to decide what to accomplish with their money and ho w to achieve their goals. They give money today in order to receive money in the future. Companies

Thursday, May 14, 2020

Theoretical Problems Of Ethics And Ethics - 2035 Words

Theoretical Problems of Ethics Introduction Ethics is the conception about the â€Å"right† and â€Å"wrong†. It is related to the man and the society. It supports the concept of doing good things and disgraces the thinking of behaving in the wrong way with others. It is the well-known fact that the ethics don’t implement on the logics in doing right or wrong. Along with sometimes it can stand against the morality. For example the death sentence is ethically wrong, because it takes the life of a man, which can become the better part of society in future. So, ethically the death sentence should be stopped. But, the morally death sentence creates fear among the people and they get the lesson for the future that who will be done wrong with others will face the death at the end. Along with this, ethics has some theoretical problems. These problems are related to different aspects of ethics which are not justified on the basis of philosophy. Most of the times these problems create confusion in the minds of human beings to identify what is right and what is wrong in certain situations. Three theoretical problems of ethics Mainly ethics have three theoretical problems. First one is the problem of the origins of ethics which means it is a problem creating for the people to find out that what is right and what is wrong. The Second one is the problem of relativism which holds the question that what is the relationship of ethics with the society (Mizzoni, 2009). The third one is the problemShow MoreRelatedInformation Ethics Essay1050 Words   |  5 PagesInformation Ethics The paper addresses theoretical and practical aspects of information ethics from an intercultural perspective. The recent concept of information ethics is related particularly to problems which arose in the last century with the development of computer technology and the internet. A broader concept of information ethics as dealing with the digital reconstruction of all possible phenomena leads to questions relating to digital ontology. Following HeideggersRead MoreRights Based Ethics And Stem Cell Research878 Words   |  4 Pages Rights Based Ethics and Stem Cell Research When talking about ethics, we have theoretical ethics and applied ethics. Those these two are different they, are also connected. Theoretical ethics can be defined as the theoretical study of the main concepts and methods of ethics(Ward). This is, basically, studying the ethical language, the concepts, beliefs, and the reasoning of certain ethical theories. Applied ethics are defined as the application and evaluation of the principles that guideRead MoreNursing as a Profession1479 Words   |  6 Pagesacademic preparation† (n.d.). Harkreader, Hogan, and Thobaben build on the previous core definition by including five criteria: â€Å"provides an essential service to society, has a theoretical body of knowledge, requires relative independence in decision making in practice, requires specialized education, and has a code of ethics for behavior of its members† (p.2, 2007). Examples of how nursing meets each of these criteria of a profession are listed below. Provides an Essential Service to Society. Read MoreEthics And Public Relations : How People View Right And Wrong, Good And Bad1337 Words   |  6 PagesBreit argues, ‘Ethics affect how people view right and wrong, good and bad, what is responsible and the effectiveness of accountability’. Discuss why public relations has operated with a ‘thin’ understanding of ethics in the twentieth century and how this caused complex problems for society. Are there alternative ethical approaches that could be used in public relations that would remedy this? Discuss using the relevant theoretical perspectives covered in Topics 1 and 2. During the twentieth centuryRead MoreAn Ethical Theory Of Legal Ethics891 Words   |  4 Pagestheory accords with the lawyer’s own intuitions and existing moral commitments †. However, the issue in determining the ability to be a good lawyer and a good person arises due to problems that are made apparent through the role of the lawyer by society. Through discussion of different theoretical approaches to legal ethics, it will be evident that a lawyer may be influenced by such theories, but ultimately, their decisions are based upon their own intuitions and moral commitments, agreeing with AliceRead MoreBusiness Ethics : Ethical And Ethical Issues1737 Words   |  7 PagesBusiness ethics examines ethical principles and moral or ethical problems that arise in a business environment. Business ethics often encompasses many concerns such social responsibility, sustainability, labour practices and environmental development. Business ethics as a concept fundamentally applies to all aspects of business conduct and is relevant to the behavior of individuals and entire organizations. Desjardins (2011) suggests that business ethics is the study of business from an ethical viewpointRead MoreAristotle s Virtue Ethics And Ethics1027 Words   |  5 Pagespush them to excel in their field. Aristotle’s virtue ethics gives us a framework of how we can define and classify these virtues. In this paper I will explain some key concept of Aristotle’s virtue ethics, as well as share the virtues I have learned as a student of engineering and how they will impact my future career. Aristotle’s virtue ethics attempt to answer the question of how to live a good life. Three key concepts of Aristotle’s virtue ethics are Eudaimonia, arà ªte, and telos. Eudaimonia is describedRead More A Taxonomy of Moral Realism Essay1637 Words   |  7 PagesA Taxonomy of Moral Realism ABSTRACT: The realist dispute in ethics has wide implications for moral ontology, epistemology, and semantics. Common opinion holds that this debate goes to the heart of the phenomenology of moral values and affects the way in which we understand the nature of moral value, moral disagreement, and moral reflection. But it has not been clearly demonstrated what is involved in moral realist theory. I provide a framework which distinguishes three different versions ofRead MoreA Proper Moral Guideline For A Rational Being1664 Words   |  7 Pagesconsequentialism, which is supported by Bentham and Mill, Kantian ethics which is essentially penned by Kant, and virtue ethics, of which Aristotle’s version would be the best example to represent that field of theory. The essence of this argument lies in what the three theories seek in order to understand our moral limits in accordance to positive and negative reaction of such ideas and overall acceptance and application of such theories ; with virtue ethics being the basis of the argument contribute to creatingRead MoreManagerial Ethics: Enron Case Study1392 Words   |  6 PagesNevertheless, we will use this example to discuss some of the issues in managerial ethics. Theoretical Frameworks There are a number of different theoretical frameworks that have been proposed to evaluate ethical decision-making in business. Most of these are loosely based on philosophical tradition, the thinking of Kant (deontological ethics) and Mill (utilitarianism) being the most important of the two. Deontological ethics rests on the idea that there are set rules that must be abided by under all

Wednesday, May 6, 2020

Descriptive Essay About Cruise To The Sky - 732 Words

A Cruise to the Sky Always ready for what life has to throw at him, my father pushes through positively. Somehow, he always tends to drag my sisters and me along on his crazy journeys through life. Which is great most of the time, but not so great some of the time. My father and all seven of his siblings had this grand idea to go on a cruise to the beautiful Caribbean Islands. Of course, my sisters and I liked the idea of this journey. My whole family booked the cruise and the preparation began. My dad would take my sisters and me shopping for new clothes and swimsuits. Before the vacation had begun, we lived a great life. The cruise came up on me like winter creeps up on fall. The night before departure I felt anxious. Breathing†¦show more content†¦I know we will have a great vacation,† I tried to rally. â€Å"That is the right attitude. Now let s go have some fun!† I had never been paragliding before. So as before ascending into the bright blue sky I told the boat driver, â€Å"Do not let my feet touch the water. I am deathly afraid of sharks and fishes.† He laughingly replied, â€Å"I will try not to.† Nervously, I got buckled up and ready to rise into the warm Caribbean air. My stomach started to stir inside me. Feeling like I could have vomited at any minute, I became very pale. Breann, who is my twenty year old sister, said, â€Å"Don’t worry. It will be fun and you will never have this experience again. You just need to be brave.† I quietly replied, â€Å"Okay. I will be okay. I can do this. Let’s go!† I indeed had a marvelous day. I experienced something I never have before. My feet dangled in the open air like ornaments on a lit christmas tree. They suddenly became tense and tight. The clear blue sea below me sparkled like a giant crystal chandelier. Covered with tourists, the busy beach looked like an anthill. The sun was a golden ball. I giggled as the clouds whirled and zigzagged around me. The softness of the clouds comforted my sun kissed skin. I breathed deeply. The air fresh and crisp like the mountains on a brisk fall morning. Speechless,Show MoreRelatedessay on dickins journey to niagra3989 Words   |  16 Pagesand, from its unfathomable grave arises that tremendous ghost of spray and mist which is never laid, and has been haunting this place with the same dread solemnity--perhaps from the creation of the world (Letters 3: 210-11). In this essay, I analyze Dickenss reaction to Niagara Falls in the context of other British travel narratives from the previous decade, and examine how Niagara speaks to Dickens of life after death (as he describes it above, the falls die and then rise again inRead More65 Successful Harvard Business School Application Essays 2nd Edition 147256 Words   |  190 PagesGRIFFIN NEW YORK 65 SUCCESSFUL HARVARD BUSINESS SCHOOL APPLICATION ESSAYS, SECOND EDITION. Copyright  © 2009 byThe Harbus News Corporation. All rights reserved. Printed in the United States of America. For-information, address St. Martins Press, 175 Fifth Avenue, New York, N.Y. 10010. Library of Congress Data 65 successful Harvard Business -School application essays : with analysis by the staff of The Harbus, the Harvard Business School newspaperRead MoreLogical Reasoning189930 Words   |  760 PagesUniversity of Colorado at Denver; Dean J. Nelson, Dutchess Community College; James E. Parejko, Chicago State University; Robert Sessions, Kirkwood Community College; and Stephanie Tucker, California State University Sacramento. Thinking and writing about logical reasoning has been enjoyable for me, but special thanks go to my children, Joshua, 8, and Justine, 3, for comic relief during the months of writing. This book is dedicated to them. For the 2012 edition: This book is dedicated to my wifeRead MoreGlobalization and It Effects on Cultural Integration: the Case of the Czech Republic.27217 Words   |  109 Pagesidea of making the world a single village, thus, globalization. Globalization is the most talk-about issues in the 21st century. However, there is the difficulty of the world to come up with a single and uniform definition. This is because, so many people doubt if the happenings in the world today are as a result of globalization. Thus, due to these global differences of what this concept actually is about, globalization has grown to involve aspects not only of economy, but politics and other socio-culturalRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 PagesPHILADELPHIA Temple University Press 1601 North Broad Street Philadelphia, Pennsylvania 19122 Copyright  © 2010 by Temple University All rights reserved Published 2010 Library of Congress Cataloging-in-Publication Data Essays on twentieth century history / edited by Michael Peter Adas for the American Historical Association. p. cm.—(Critical perspectives on the past) Includes bibliographical references. ISBN 978-1-4399-0269-1 (cloth : alk. paper)—ISBN 978-1-4399-0270-7Read MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesEnvironment 22 †¢ Improving Ethical Behavior 22 Coming Attractions: Developing an OB Model 23 An Overview 23 †¢ Inputs 24 †¢ Processes 25 †¢ Outcomes 25 Summary and Implications for Managers 30 S A L Self-Assessment Library How Much Do I Know About Organizational Behavior? 4 Myth or Science? â€Å"Most Acts of Workplace Bullying Are Men Attacking Women† 12 An Ethical Choice Can You Learn from Failure? 24 glOBalization! Does National Culture Affect Organizational Practices? 30 Point/Counterpoint LostRead MoreProject Mgmt296381 Words   |  1186 Pages(alk. paper) ISBN-10: 0-07-340334-2 (alk. paper) 1. Project management. 2. Time management. 3. Risk management. I. Gray, Clifford F. II. Gray, Clifford F. Project management. III. Title. HD69.P75G72 2011 658.4904—dc22 2009054318 About the Authors Erik W. Larson ERIK W. LARSON is professor of project management at the College of Business, Oregon State University. He teaches executive, graduate, and undergraduate courses on project management, organizational behavior, and leadership

Tuesday, May 5, 2020

Critical account of Porphyrias lover by Robert Browning Essay Example For Students

Critical account of Porphyrias lover by Robert Browning Essay Robert Browning wrote the poem Porphyrias lover. It is written in dramatic monologue, meaning it was spoken by the lover who is clearly mad. Browning gives the poem a Victorian gothic setting. This is displayed in the opening lines, The rain set early in tonight, The sullen wind was soon awake, It tore the elm-tops down for spite, We will write a custom essay on Critical account of Porphyrias lover by Robert Browning specifically for you for only $16.38 $13.9/page Order now And did its worst to vex the lake: These lines give the idea of dark and sullenness, words like rain, sullen wind and vex really bring the setting alive. These words are very colourful and help create the character of the madman. It also creates a moody image. The poem consists of a mad man and his lover (Porphyria). Porphyria walked through extreme weather to see the man from a party. At first the man thought that Porphyria was not good enough for him and he was merely another name to her list of conquests. But he was then persuaded to think that Porphyria worshiped him and the only way they could be together was to put her out of her misery, so he strangled Porphyria. Browning uses his language very subtlety, meaning you would either have to look closely or to read the poem over more than once in order to fully appreciate the greatness of the writing. The madman is given a very mysterious character, forcing the readers to want to know more about him. His character contrasts with that of Porphyria, who is beautiful and warm, When glided in Porphyria: she shut the cold out, and kneeled and made the cheerless grate blaze up, are examples of how Browning created her character. Browning uses the character of Porphyria to exaggerate the dark, mysterious character of the madman. The gothic setting of the poem, the dark and rain reflect the feelings of the madman. Sullen, spite vex are words used in the opening lines to describe the storm but also are words to describe his feelings. This creates a tense atmosphere that the madman is feeling. This atmosphere is then broken when Porphyria enters the cottage. The madman describes Porphyria in a romantic way. Porphyria untied her hat and let the damp hair fall and she sat down by my side. In those times this behaviour would have been thought of to be quite romantic. He then builds her up and portrays her actions as if she was seducing him. This leads him to think that she is too weak for him, as he says too weak, for all her hearts endeavour. But when the madman finds that Porphyria had walked from a party defying her friends and family to be with him, he concludes by saying that Porphyria worshippd him. To the madman this was a great surprise and made his heart swell. This made him feel good, the fact that she worshiped him made his insecurity lead to sadistic domination. He then realise this would not last While I debated what to do. At that moment, she was mine, mine fair, Brownings use of repetition re-enforces his feelings of dominance and his fear of losing this. This realisation created a psychopathic thought, which turned in to reality. I found a thing to do, and all her hair In one long yellow string I wound Three times her little throat around, And strangled her. In his moment of insanity he does not believe that this is wrong. Browning emphasizes this by repeating, no pain felt she, Im sure quite sure she felt no pain. He compares Porphyria to a shut bud that holds a bee. This creates the image of the beautiful delicate bud the hold a stinging bee that can cause pain. .udce33cc0d4b499cbccd03cb69681a678 , .udce33cc0d4b499cbccd03cb69681a678 .postImageUrl , .udce33cc0d4b499cbccd03cb69681a678 .centered-text-area { min-height: 80px; position: relative; } .udce33cc0d4b499cbccd03cb69681a678 , .udce33cc0d4b499cbccd03cb69681a678:hover , .udce33cc0d4b499cbccd03cb69681a678:visited , .udce33cc0d4b499cbccd03cb69681a678:active { border:0!important; } .udce33cc0d4b499cbccd03cb69681a678 .clearfix:after { content: ""; display: table; clear: both; } .udce33cc0d4b499cbccd03cb69681a678 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .udce33cc0d4b499cbccd03cb69681a678:active , .udce33cc0d4b499cbccd03cb69681a678:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .udce33cc0d4b499cbccd03cb69681a678 .centered-text-area { width: 100%; position: relative ; } .udce33cc0d4b499cbccd03cb69681a678 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .udce33cc0d4b499cbccd03cb69681a678 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .udce33cc0d4b499cbccd03cb69681a678 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(; position: absolute; right: 0; top: 0; } .udce33cc0d4b499cbccd03cb69681a678:hover .ctaButton { background-color: #34495E!important; } .udce33cc0d4b499cbccd03cb69681a678 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .udce33cc0d4b499cbccd03cb69681a678 .udce33cc0d4b499cbccd03cb69681a678-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .udce33cc0d4b499cbccd03cb69681a678:after { content: ""; display: block; clear: both; } READ: Line or lines from Pablo Neruda's poems EssayThe logical conclusion of this desire for total possession is a species of necrophilia, his desire to sit with the dead Porphyria who has been reduced to a thing shows this phenomenon. The madmans insanity is further enforced when he describes her dead expression as, Smiling rosy little head, So glad it has its utmost will As if the murderer believes Porphyria to be pleased. This is because That all it scornd at once is fled, stating all her failings have gone and I, its love, am Gaind instead, he believes he has absorbed her goodness and her love through his despicable act. Porphyria was not to have known that her desires were to be realised through her death and this is how the murderer has answered her darling one wish. Porphyria loved his outward image not knowing his inner dark insecurities and through murdering her he was able to preserve this illusion forever. Browning powerfully expresses the insane madmans belief that he has done no wrong by using religious backing, And yet God has not said a word. In summing up my overview of the poem I will first of all discuss the flow of images, which Browning creates. He firstly describes a dark, depressing setting, which changes as Porphyria arrives moving on to become more optimistic, lifting the atmosphere and building in the direction of the climax of the murder. Then the climax begins to unwind to an almost peaceful setting. The images contrast throughout the poem leading the reader on a journey of emotions. This helps to illustrate the themes of good and evil. The poem is given a poetic quality by the use of alternate lines of rhyme. This continues rhythmically enabling Browning to create a pattern helping to emphasise a sense of finality at the end of the poem. Further highlighting the issue raised. In conclusion Browning is asking dark questions, which remain unanswerable and beyond our understanding. These questions include, motives for murder, how someone can confuse reality with insanity, he also tries address complex ultimate issues of death and immortality, which must remain out of reach.

Monday, April 6, 2020

Case Study Analysis Leading and Managing Change

Critical Analysis of the Theory on Managing and Leading Change with Regard to the Case Living in the period of significant organizational change implies understanding and adopting new management styles that are flexible, open, and decentralized. However, the main obstacle to change is inability and reluctance of employees to embrace the benefits of the shifts that occur to organizations at all levels of management.Advertising We will write a custom case study sample on Case Study Analysis: Leading and Managing Change specifically for you for only $16.05 $11/page Learn More Anchor alternative approaches to shaping culture contribute empowering organization’s competitiveness and promote new strategies for organization’s success (Burke 2010). The case of AEGON proves the managing and leading change should be reviewed from the perspective of organizational development. In particular, the managerial staff should focus on three dimensions. The fi rst activity of leading change involves adequate distribution of responsibilities and duties, including freedom to improvise and communicate. Second, a wide range of low-cost probes should be encouraged to explore future opportunities and adjust to changes (Cummings and Worley 2009). Finally, the managers should be able to drawn the link between current projects and future challenges. Cummings and Worley (2009) suggest that that effective change management should be premised on five aspects that include motivating change, developing political support, creating a vision, managing the transition, and sustaining momentum. Each activity should be taken into the deepest consideration because they promote new skills, experiences, and competencies among the employees, as well as reinforces new behavioral patterns required to introduce changes (Scott and Jaffe 1995). In addition, due to the fact that AEGON focuses on development of a new culture and reinforcement of financial resources, int roducing a five-dimensions mode is efficient for enhancing employees’ skills and readiness to adjust to a constantly changing environment. Managing change implies transition from local management to global-scale activities which allow managers to introduce new way of thinking in an organization (Burke 2010). In this respect, the company’s change approach is closely associated with Lewin’s change theory, which is based on three stages of successful transformation: unfreezing, movement, and refreezing (Simms n. d.).Advertising Looking for case study on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Hence, the process of unfreezing implies â€Å"†¦destablishing the present balance of forces that give the organization or business its stability† (Simms, n. d., 124). This initial step is the most challengeable one because it requires the managers to highlight and eliminate the existing dissatis faction through introducing additional tools for change, including schedules, new personnel, or budget constraints. The second phase implies shifts from the unbalanced system to the introduction of new paradigms at all levels of administration. The process involves creating new behavioral patterns and developing new rewarding system. At this stage, a different management style is also indispensible. In this respect, AEGON focuses on combining local expertise and global practices. Organizational Changes at AEGON and Its Usefulness for Company’s Success As it has been mentioned briefly, AEGON has decided to introduce new patterns of development and change that can enhance the organization’s competitiveness and produce new mechanisms responding to the challenges of the external environment. In particular, the company paid attention to the reposition of Scottish Equitable brand to gain trust of consumers and enhance the company’s reputation at the international leve l. Second, the appointment of the audit committee encouraged the company to define internal and external challenges for the organization. In such a manner, AEGON managed to ensure an informed and transparent approach to the decisions that should be made to set up the change process (Paton and McCalman 2008). The committee also underlined that the organization had solid positions at the market due to staff’s considerable expertise, high-level communication, and innovation. The external activities helped the company to define its competitive capabilities. The analysis of internal and external perspectives has promoted the manager’s understanding of existing gaps and pitfalls should be considered. Finally, the organization appointed a new chief executive officer whose primary responsibility was to carry out a discovery stage. The main objective of this phase was to introduce long-term savings and security plan in the United Kingdom. While implementing this change, the org anization focused on the current and future potential of the business development to define what should be done to overcome challenges. All the above-introduced reforms have contributed greatly to the organizational development and competitiveness, as well as to the definition of new prospects in future business activities at a global level. An overwhelming, multi-level approach, therefore, is a consistent plan that can motivate employees and instruct them to accept changes.Advertising We will write a custom case study sample on Case Study Analysis: Leading and Managing Change specifically for you for only $16.05 $11/page Learn More Triggers and Rationale for Change in AEGON There is a variety of underpinnings for organizational change, among which the external factors constitute a priority. Specific attention should be given to globalization of markets and business, which makes organizations accommodate competitive constraints in the domestic market as well (Dawson 2003). Advances in technology and organizational expansion are also among the major incentives for change within an organization because they require reevaluation of organization’s complexity and development of relevant coordinative mechanisms (Dawson 2003). Apart from external triggers, the organization should also encounter internal constraints to leading change successfully (Senior and Swalies 2010). This is of particular concern to such aspects as task prioritization, technology implementation, efficient human resource management through multi-task activities, and restructure of administrative hierarchy. All these issues have been considered by AEGON’s manager to promote efficient change management among the employees. The emphasis has been placed on the analysis of global trends in the market competition, as well as the evaluation of the existing potential of the organization in the United Kingdom and outside it. In addition, the company should also take environmental issues into consideration while developing budgeting schedule and allocating financial resources. Leadership change is another important perspective that should be presented within the context of organizational development (Mills et al. 2009). In this respect, the analysis of AEGON’s strategies has revealed that the importance and usefulness of change management was extremely high because this perspective has become the premise for further successful advancement of organizational values, mission, and goals. In this respect, Mills et al. (2009, p. 4) have noted, â€Å"†¦organizational change can be defined as an alteration of a core aspect of an organization†. Such aspects involve personnel, leadership, culture, technology, and goal of an organization. Within these perspectives, the company has managed to consider the majority of them, except for technology innovation.Advertising Looking for case study on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Actions of Top Management With Respect to Implemented Change Strategies and Their Impact on the Organization The managerial staff of an organization should be able to face difficulties and introduce changes in a timely manner. Their task is to accurately predict possible problems related to the old-fashioned mechanism of responding to external competition, as well as meeting consumer demands. Therefore, close assessment of employees’ psychological profiles, their social and cultural backgrounds, provides a fresh insight into how an organizational climate could be improved (Arrendondon 1996). As soon as the managers provide a full evaluation of employees’ needs, they will be able to enhance the quality of services and good delivered to consumers. Development of beneficial social schemes should also be implemented to deliver a good base for further promotion of values and behaviors. Due to the fact that the organization attempt to promote their business activities to a g lobal level, the focus should be on defining the main cultural diversity issues. In this respect, Handlechner (2008, p. 4), â€Å"diversity should be seen as merely a replacement for the old equal opportunity policy: it must be a corporate value, an integral part of business strategy†. At this point, workplace equality, irrespective of gender, nation, and race, should be ensured. Apart from equal opportunities, diversity management could be seen in a broader sense for senior managers to assess each individual’s needs, beliefs, and attitudes. As soon as the organization realizes its human resource potential, it will be able to provide reactive and proactive measures to the change process. The success of change implementation depends largely on the readiness of employees to change their attitudes toward organization’s strategies. Because attitudes create a strong emotional basis of interpersonal relations, they are indispensible to determining and predicting futur e behavior that is connected with motivation, perception, and personality (Sims 2002). In this respect, AEGON’s committee of senior managers has developed as set of ethical and moral standard in compliance with organization’s mission and statement to foster global integration an reduce the pressure of competition. According to Mullins (2007, p. 124), â€Å"sensitivity to individual needs and differences, especially in term of their resilience becomes significant when organizations embark on change initiatives†. The top management of AEGON has succeeded in developing appropriate modes for employees to make them realize the importance of changes. Importance of Change Management Companies that resist changes contradict the adequate cycle of organizational development. Indeed, organizational change results in constant improvement and positive transformation ensuring a competitive advantage over other companies. In this respect, Yaeger and Sorensen (2009) approve the concept of positive change in the context of appreciative inquiry that is successful while dealing global and international issues. In particular, the positive change addresses â€Å"†¦such issues as convergence versus divergence in national cultures, or whether the world is becoming more or less diverse† (Yaeger and Sorensen 2009, p. 5). In addition, human values that pertain to employees’ experience and are practiced across many cultures. Exchange of experience is an important condition for promoting organizational success because it contributes to the development of rich organizational culture and endowing employees with new incentives. Competition within an organization is vital for enhancing employees’ capacity to compete with external business rivals. Therefore, change is a multi-dimensional process covering all areas and levels of management and ensuring constant growth and advancement. Its major focus should be made on enhancing organizational cult ure, developing new technological base, and analyzing the external environment. Financial issues should also be taken into consideration because they serve as foundational tools for shaping new objectives and distributing new responsibilities. Prioritization of tasks and duties among employees is another important strategy that is implemented within the context of change management. Finally, leadership skills should also be premised on advancement of experiences and abilities that are necessary for introducing transformation. Shifts in leadership styles and a person-centered approach is important for developing successful organization. References Arrendondon, P 1996, Successful Diversity Management Initiatives: A Blueprint for Planning and Implementation, SAGE,US. Burke, WW 2010, Organization Change: Theory and Practice. SAGE, US. Cummings, TG, and Worley, WG 2009, Organization Development Change. Cengage Learning, New York. Dawson, P 2003, Understanding Organizational Change: The Contemporary Experience of People at Work, SAGE, US. Handlechner, M 2008, Managing Cultural Diversity and How to Manage it Within an Organization. GRIN Verlag, Germany. Mills, HJ, Dye, K, and Mills, AJ 2009, Understanding Organizational Change. Taylor Francis, US. Mullins, LJ 2007, Management and Organizational Behavior, Pearson Education, New York. Paton, R and McCalman, J 2008, Change Management: A Guide to Effective Implementation. SAGE, US. Scott, CD, and Jaffe, DT, 1995, Managing Change at Work: Leading People through Organizational Transitions. Cengage Learning, New York. Senior, B, and Swalies, S 2010, Organizational Change, Pearson Education, New York. Simms, H n. d., Organizational Behavior and Change Management. Select Knowledge Limited, US. Sims, RR 2002, Managing Organizational Behavior. Greenwood Publishing Group, US. Yaeger, TF, and Sorensen, PF 2009, Strategic Organization Development : Managing Change for Success, IAP, US. This case study on Case Study Analysis: Leading and Managing Change was written and submitted by user Senator Bail to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Sunday, March 8, 2020

How Putonghua Is Used in Mainland China

How Putonghua Is Used in Mainland China Mandarin Chinese is known by many names. In the United Nations, it is known simply as Chinese. In Taiwan, it is called Ã¥Å"‹è ªÅ¾ / å› ½Ã¨ ¯ ­ (guà ³ yÇ”), which means national language. In Singapore, it is known as è  ¯Ã¨ ªÅ¾ / Ã¥ Å½Ã¨ ¯ ­ (hu yÇ”), which means Chinese language. And in China, it is called æ™ ®Ã©â‚¬Å¡Ã¨ © ± / æ™ ®Ã©â‚¬Å¡Ã¨ ¯  (pÇ” tÃ… ng hu), which translates to common language.   Different Names Over Time Historically, Mandarin Chinese was called Ã¥ ®ËœÃ¨ © ±/Ã¥ ®ËœÃ¨ ¯  (guÄ n hu), meaning speech of officials, by the Chinese people. The English word mandarin meaning bureaucrat, is derived from Portuguese. The Portuguese word for bureaucratic official was mandarim, so they referred to Ã¥ ®ËœÃ¨ © ±/Ã¥ ®ËœÃ¨ ¯  (guÄ n hu) as the language of the mandarims, or mandarim for short. The final m was converted to an n in the English version of this name. Under the Qing Dynasty (æ ¸â€¦Ã¦Å"  - QÄ «ng Cho), Mandarin was the official language of the Imperial Court and was known as Ã¥Å"‹è ªÅ¾ / å› ½Ã¨ ¯ ­ (guà ³ yÇ”). Since Beijing was the capital of the Qing Dynasty, Mandarin pronunciations are based on the Beijing dialect. After the fall of the Qing Dynasty in 1912, the new Peoples Republic of China (Mainland China) became more strict about having a standardized common language to improve communication and literacy across rural and urban areas. Thus, the name of Chinas official language was rebranded. Instead of calling it national language, Mandarin was now called common language, or æ™ ®Ã©â‚¬Å¡Ã¨ © ± / æ™ ®Ã©â‚¬Å¡Ã¨ ¯  (pÇ” tÃ… ng hu), starting in 1955. Putonghua as Common Speech PÇ” tÃ… ng hu is the official language of The Peoples Republic of China (Mainland China). But pÇ” tÃ… ng hu is not the only language spoken in China. There are five major language families with a total of up to 250 distinct languages or dialects. This wide divergence intensifies the need for a unifying language that is understood by all Chinese people. Historically, the written language was the unifying source of many of the Chinese languages, since Chinese characters have the same meaning wherever they are used, even though they may be pronounced differently in different regions. The use of a commonly spoken language has been promoted since the rise of the Peoples Republic of China, which established pÇ” tÃ… ng hu as the language of education throughout the Chinese territory. Putonghua in Hong Kong Macau Cantonese is the official language of both Hong Kong and Macau and is the language spoken by the majority of the population. Since the ceding of these territories (Hong Kong from Britain and Macau from Portugal) to the Peoples Republic of China, pÇ” tÃ… ng hu has been used as the language of communication between the territories and the PRC. The PRC is promoting greater use of pÇ”tÃ… nghu in Hong Kong and Macau by training teachers and other officials. Putonghua in Taiwan The outcome of the Chinese Civil War (1927-1950) saw the Kuomintang (KMT or Chinese Nationalist Party) retreat from Mainland China to the nearby island of Taiwan. Mainland China, under the Maos Peoples Republic of China, saw changes in language policy. Such changes included the introduction of simplified Chinese characters and the official use of the name pÇ” tÃ… ng hu. Meanwhile, the KMT in Taiwan retained the use of traditional Chinese characters, and the name guà ³ yÇ” continued to be used for the official language. Both practices continue up to the present time. Traditional Chinese characters are also used in Hong Kong, Macau, and many overseas Chinese communities. Putonghua Features PÇ”tÃ… nghu has four distinct tones which are used to differentiate homophones. For example, the syllable ma can have four distinct meanings depending on the tone. The grammar of pÇ” tÃ… ng hu is relatively simple when compared with many European languages. There are no tenses or verb agreements, and the basic sentence structure is subject-verb-object. The use of untranslated particles for clarification and a temporal location is one of the features that make pÇ” tÃ… ng hu challenging for second-language learners.

Friday, February 21, 2020

Reaction paper Research Example | Topics and Well Written Essays - 250 words

Reaction - Research Paper Example This would be a positive development in the field of psychology as early diagnosis would also mean early medical intervention. With DCN, I believe that the causes and symptoms of various mental disorders such as schizophrenia, amnesia, autism and Alzheimer’s will be brought to a better light. From the article, it was mentioned that in DCN, the â€Å"methods involve the imaging of brain function in noninvasive ways that are very safe and friendly to infants and their parents.† Although the proponents of this method being used for imaging the brain function claim that it is safe, I still doubt whether there a number of parents who would allow their babies to become â€Å"guinea pigs† and undergo such experiments. I think that this can be a possible hindrance in the further advancement of DCN in the area of infant brain development. I also wonder whether this method of studying brain functions could be applied not only to babies but to geriatric individuals as well. If it is possible, then the medical world will probably have a better understanding of mental disorders like Alzheimer’s, which is common to old people.