Thursday, November 14, 2019
Changing Gender Roles - The Battle of the Sexes Continues Essay
It is the war of all wars. Itââ¬â¢s lasted longer than all the ancient wars, the world wars, and the civil wars of all nations put together. The battle lines have been clearly drawn and the two sides have never rested while on the battlefield. It is the famed ââ¬Å"battle of the sexesâ⬠and it is anything but resolved. The war has been happening for a long time, but now it seems to have hit a point where the world wonders what to do now. This is due to the current changes in gender roles which are manipulating society and changing relationships. These changes are both negative and positive; many advances have been made with women finding equality with men, but have traditional values been underestimated? It is a highly controversial and complicated subject that affects virtually all members of society. In order to understand some of the opinions on the topic of gender roles and relationships, it is necessary to understand the definitions of some words as they will be used in this essay. First there are many definitions for the term ââ¬Å"gender.â⬠However, in this paper the words sex and gender will be used interchangeably and refer simply to male and female. Also important to note is that while society has more options than a male and female relationship, the emphasis in this essay is only on heterosexual relationships and the way they are perceived in society. By keeping these basic definitions and ideas in mind, one can understand that the word ââ¬Å"roleâ⬠refers to the individualââ¬â¢s place in society and position within a relationship. Along with this, the ââ¬Å"traditional rolesâ⬠would be defined as women being the homemakers while men being the main breadwinners. When labeling traditional roles dealing with dating and rel... ...ana. ââ¬Å"Dating Among College Student Is All But Dead, Survey Finds.â⬠The Chronicle of Higher Education Aug. 10, 2001: 51. Academic Universe. Lexis Nexis. EBSCO Publishing. Colorado State University Lib. Apr. 2003 http://lib.colostate.edu/databases/> Piper, John. Whatââ¬â¢s the Difference? Manhood and Womanhood Defined According to the Bible. Wheaton: Crossway Books, 1991. Wentworth, Diane Keyser. ââ¬Å"The Role of Househusband and Housewife as Perceived by a College Population.â⬠The Journal of Psychology 2001 (135): 639-650. Academic Search Premeir. EBSCO Publishing. Colorado State University Lib. Mar. 2003 http://lib.colostate.edu/databases/> William, Armstrong. ââ¬Å"Colliding Bodies.â⬠The Washington Times Aug. 11, 2001. Academic Universe. Lexis Nexis. EBSCO Publishing. Colorado State University Lib. Mar. 2003 http://lib.colostate.edu/databases/>
Tuesday, November 12, 2019
Valentino’s Legacy
Upon walking in to the Gallery of Modern Art, tucked in around the corner from the State Library and well hidden from view, I was astounded by the sudden rush of sight and sound. Despite my sudden sense of claustraphobia, I forced myself inside. The queue to enter the Valentino Retrospective Art Exhibition was beyond massive; curving from the heart of the Gallery, along the back wall, up the side wall, and outside of the door for a good 800 metres. Satisfied with my pre-ordered tickets, I bustled along and entered the exhibition. Valentino Clemente Ludovico Garavani is more than a well-known Italian Fashion Designer: to most fashion students he is a God. Born on May 11th, 1932, this simple Saint has developed several different fashion labels throughout his 5 decades of work; such as Valentino, Valentino Roma, R.E.D. Valentino and, most popularly, Valentino Garavani. Commonly reffered to as only Valentino, he was the founder of the Valentino Spa Brand. The Valentino Retrospective: Past, Present and Future was developed by Les Arts Dà ©coratifs, Paris; and celebrates the renowned and glamorous designs of Valentino himself. This exhibition houses items from Valentino's first ever collection in 1959 up until his more recent ââ¬ËAutumn/Winter 2009-2010 collection' (designs by Valentino's appointed creative directors, Maria Grazia Chiuri and Pier Paolo Piccioli as of 2008). Upon entering, I discovered that this Exhibition was split into two major sections; each hosting different fragments of Valentino's most successful collections throughtout his career. The First section, entitled Part 1, was composed mainly of Valentino's earlier designs, with the pieces ranging from 1960 up until 2006. The Second Section, entitled Part 2, housed garments from a much more modern era. With a majority of the pieces pulled from Valentino's collections from 1992 through to 2010. European Royalty, celebrites and many other high-status folk have been seen wearing designs by Valentino, including Nicole Kidman, Elizabeth Taylor, Cate Blanchett and Jacqueline Kennedy Onassis (all of the garments worn by these women can be seen at this exhibition). I was most astounded to come across a dress worn by Julia Roberts to the Academy Awards in 1992 for her hit movie Erin Brockovitch. After viewing the best Valentino Garavani had to offer at this Brisbane Exhibition, I must admit I was fairly disappointed. All up, the exhibition housed approxiamately 100 garments, although it seemed many less to me, and 97 of which I disliked. The designs are timeless; sophisticated. The material used is of the highest quality. But still, I only found 3 dresses that I personally found mildly interesting. Although, to sum up the entire experience, there is only two pieces that could possibly describe the amount of work and timeless culture that has been woven together ââ¬â despite vintage pieces, the elegant formal attire, and wedding dresses. Firstly; the commonly seen Evening Gown, Haute Couture Spring/Summer 2003, Model 130. Described at GoMA's Exhibition as ââ¬Å"Strapless evening gown with low-set draped pale crimson chiffon sleeves, a train with appliquà © pleated crimson taffeta rosettes and red strass crystals in their centres, and pink and grey taffeta rosettes in its lining.â⬠[Source 2] Made of Buche-Gillaud Fabric and Embroidered by Marabitti. This garment's elegance, formality, timelessness and complexity sums up the entire exhibition in one. The soft Crimson colour supports the mystery; and the flowers seem to support the multi-cultural theme. This piece was rescued from the Valentio Archives to be included in this exhibition. The second signature piece included at this Exhibition was from the Autumn/Winter 2009-2010, collection Although not designed by Valentino Garavani himself, Look 23 stays true to the Nature of Valentino. The extreme amounts of detail included in this piece definitely showcase one of Valentino most intricate pieces; a true piece of artwork. The themes in The Valentino Retrospective have a ââ¬Å"recurrence of geometric patterns and graphic prints, the skilful use of fabric to create dramatic silhouettes and, of course, the distinctive palette of black, white and ââ¬ËValentino redââ¬â¢. The future direction of this most esteemed fashion label is showcased through five creations by the house of Valentinoââ¬â¢s new creative directors.â⬠[Source 2] The Valentino Retrospective: Past, Present and Future is a collection of Valentino Garavani's most successful and original designs; located at the Gallery of Modern Art in Southbank, this astonishing exhibition is open to the public from the 7th of August to the 14th of November 2010. Including a lounging area, a cafe, a gift shop and a bar: This is, truly, a fusion of art, fashion and culture that one should not miss. Reference http://en.wikipedia.org/wiki/Valentino_Garavani
Sunday, November 10, 2019
Competition Bikes Inc. Storyline Essay
Introduction Competition Bikes Inc. is considering an expansion to Canada and is trying to determine whether to merge with or acquire the Canadian Biking Inc. facility. We take a look in this summary at capital structure approaches, Net Present Value and Internal Rate of Return and the concerns surrounding that. Competition Bikes working capital is discussed and finally an analysis on if the company should merge or acquire Canadian Biking Inc. Capital Structure Approach A1. This summary provides a report and recommendation of a capital structure that maximizes shareholder return. Capital Structure is how well a company finances its assets, operations and growth using short and long term debt, and common and preferred equities. Overall, more equity and less debt attracts investors. Equity is either common stocks, or preferred stocks. Competition Bikes Inc. is looking to expand to Canada. To expand, the company must have the most appropriate capital structure not only to be able to pay off debts, have an acceptable return on investment, and increase cash flow, but to have the appropriate funding to expand and for future stability and growth. Currently Competition Bikes has working capital, long term notes payable, common and preferred stocks, and retained earnings. We will use Earnings per Share (EPS) from the table below to make a recommendation as to what approach the company should use. This is what investors look into as well. There are five capit al structure approaches Competition Bikes can take to generate the capital required for the expansion. The table below shows the calculated EPS for each structure which is discussed after. 9% Bonds Only. Bonds are risky because they require a fixed interest payment that could negatively affect shareholder earnings if sales projections are not as anticipated. Payments are typically made semi-annually which decreases the companyââ¬â¢s income. This is regarded as a debt, not equity which takes more time to realize benefits. This option yields the highest interest and lowers Competition Bikes Income before Tax (EBT). The plus to this option is that bonds are debt financing and therefore tax deductible. In some smaller companies this is less expensive that using equity to finance debts. Competition Bikes does not fall into this category really because it is unknown if profits will increase or dividends will be diluted in future years. Future monies earned will be used to pay off the debts and not be reinvested into the company as new earnings. Using moderate expected earnings before interest and taxes amounts (EBIT), the EPS for stockholders over 5 years with this option is .103. The lower EPS is means less common stock shares outstanding, less equity, and fewer dividends. The risk is higher in this option as highly leveraged companies tend to have difficulties with cash flow. 50% Preferred Stock and 50% Common Stock. In this option the investors fundà the expansion. Competition Bikeââ¬â¢s equity is used rather than debts to finance growth into Canada. Investors have more of an invested interest in the company and Competition Bikes has less debt to income ratio. Preferred stockholders will earn dividend payouts on a regular basis while the Board of Directors determines if common stockholders receive dividends. Preferred stockholders also tend to hold on to their stocks longer preventing a declined value in them. There is no interest to pay back in this option therefore, all EBIT are retained. The EPS for this option over 5 years is .203, one of the highest two in this analysis. Investors will see an immediate return on investment beginning in year 9. This option yields the highest net income and preferred stock dividends. On a negative note, this option can be a lengthy process consuming time resources. 20% in 9% Bonds and 80% in Common Stock. The 20/80 option mix of bonds and common stock is a better option that 100% bonds. This option uses both debt and investors to fund the expansion and allows Competition Bikes to give less dividends if it so chooses. The debt to income ratio remains small here and interest low as only 20% is being used as debt. Over 5 years this option yields .197 EPS which is the close to the 50% preferred and common stock. There is more risk here as debts must be paid back on a strict schedule, regardless of income. However, EBT is higher and the total income available for common stock increases. 40% in 9% Bonds and 60% Common Stock. Like the previous option, this option uses both debt and investors to fund the expansion. While having 60% in common stock still keeps the company from forced dividend payouts, itââ¬â¢s not as safe as 20/80 option. The split in bonds and common stocks keeps interest low. Not as low as the 20/80 option, but not as high as the 60/40 option. The same holds true for available income. There is more available for common stock than 100% bonds. The EPS for this option is .182 because of the number of outstanding shares is higher than the 20/80 option. 60% in 9% Bonds and 40% in Common Stock. In this option, there is debt just as there is in the first option. The increase in interest (12%) causes less equity and fewer dividends. The income available for common stock is the low in this option. Itââ¬â¢s also important to note that Competition Bikes had declining sales the past two years. It is unknown if they will have enough sales to meet their interest payments on time and continue business as usual. The EPS over 5 years with this option is .16, the second lowest. Recommendation. Capital structure as we can see can be tricky. It is the best balance of debt and equity to maximize returns, EPS. Excluding the 60/40 option, all the options show continued growth through the years. However, 50% common and preferred stock option yields the stronger EPS at .203 and is therefore the recommendation for Competition Bikes. The continued strength and growth in this option will maximize shareholder return, and yield addition dividends to investors with less risk. The increased EBIT will be retained in the company. The goals of this analysis were to ensure the highest EPS keeping shareholders satisfied while building strong net income in the business. The larger equity versus debt in the 50% Common Stock and 50% Preferred Stock accomplishes that. This option is recommended for Competition Bikes to improve the companyââ¬â¢s financial position. The alternate capital structure would be the 20/80 option. Net Present Value and Internal Rate of Return A2. In this summary we discuss the Net Present Value (NPV) and Internal Rate of Return (IRR) methods in regards to the proposed investment. These areas determine if the investment is worth moving forward with the merger or acquisition without financially harming the company. The Capital Budget income statements were reviewed to make the following determinations. NPV. This method appraises investments. The calculation for NPV is the investments total net cash flows minus initial costs. If the result is positive then the investment should be accepted. Negative results should be rejected. The NPV indicates the investmentââ¬â¢s value, or profitability. IRR. This method is more often used to make investment decisions with companies. The IRR calculation is the discount rate of interest that decreases the assetââ¬â¢s net present value to the cost of the investment, orà back to zero. This is the true economic return earned. The IRR should be equal to or greater than the cost of the capital, or hurdle rate, to accept the investment. Competition Bikes requires a 10% hurdle rate to pursue the investment. Lower results should reject the investment. Growth is considered in this method. The IRR is the efficiency and yield of an investment. Competition Bikes Inc. has provided the following five year projection on NPV and IRR. This is provided in both the low demand and moderate demand scenarios. Concerns for NPV ââ¬â Low Demand. After investing $600,000 in this scenario, the total present value of $573,260 yield a negative $26,740 NPV. Although this does not mean the company will lost money in this scenario, it does mean they will not meet their self-set 10% hurdle rate. Growth in sales is set at 49,000 or six units yet not enough to increase to a positive NPV in five years. This is an indication the company should not move forward with the expansion as investors will most likely not want for the cost of capital to be realized. The global economy is also at a low point which give Competition an even higher risk of not making its even low demand model sales expectations. Concerns for NPV ââ¬â Moderate Demand. After investing $600,000 in the moderate scenario, the total present value is $602,243 leaving a NPV of $2,243. While this is a positive number, it is not a high one so the company would have to decide if projections were more accurate in the moderate demand, or low. If Competition Bikes does not meet its projections by any margin, this NPV will move into a negative status. In addition the declined economy, Competition Bikes has been over predicting sales in recent years. If the company follows this same pattern, the numbers in this scenario could be off. Concerns for IRR ââ¬â Low Demand. The rate of return for this scenario is 8.7%, 1.3% lower than Competition Bikesââ¬â¢ 10% threshold. This indicates the project will not be funded or profitable, steering investors away from investing. Concerns for IRR ââ¬â Moderate Demand. The rate of return for this scenario is 10.1%. Although it is above Competition Bikesââ¬â¢ set limit for moving forward, it barely meets the minimum. With the market in a down swing, its best to look at the low demand rather than moderate at this point. Having the moderate barely meet the 10% should raise concern for the company. Investors may not want to spend money for a venture that is marginally acceptable. Not recommended. From the summaries above on the NPV and IRR, it is not recommended that Competition Bikes move into the Canadian market at this time. There is a possibility that the expansion would be a success, but the risks are too high. The 10% rate of return is not only rarely met in these scenarios, that threshold may be a little low too. Expansion into another country with additional building planned is much riskier than just an internal investment due to economic and regulatory issues. The cash flows used to create these scenarios are not exact either. Competition Bikes would need to leave itself a little more room for cash flow fluctuation. Although they will be spending more on advertising in the first year, it is unknown if it will increase sales. The expansion is something that could be reconsidered after the economy bounces back. Working Capital for Canadian Expansion A3. (1) Obtain Working Capital. Working capital is Assets minus Liabilities and can be obtained by several avenues. Competition Bikes will have to build working capital to afford the expansion. Below are some of the avenues the company can use to acquire working capital. Debt financing. One time transaction bank loans is debt financing and usually comes with a higher closing cost. Loans can also be obtained through government loans such as the Small Business Administration. These type of loans can be long or short term but general hold high interest rates. SBA loans general have terms less restrictive than those at the bank because they are services through the loan guarantor, not the lender. Avoiding using outside monies to fund a project is optimal assuming a favorable cost/ benefit ratio. Revolving Credit. Credit can be used continuously to fund multiple projects. Lines of credit tend to have lower payments than bank loans. Lines of credit can be used as working capital when appropriate. Interest is paid here and monthly payments cannot be missed or the companyââ¬â¢s credit rating is at risk. Liquidating Assets. Companies can sell unnecessary assets such as structures or buildings, land, machinery, etc. Competition Bikes can sell its excess parts. Equity Financing. Offering preferred and common stock is a way to obtain working capital without going further into debt. Maximizing shareholder returns will raise funds for the company. Stocks will dilute ownership in the company but make the expansion possible without the threat of debt. Increase Sales. Managing already existing finances such as paying off debts, increasing sales and capacity, investing in marketing and advertising, lowering production costs and growing the business can increase working capital. Retained earnings can be reinvested as working capital as well. Lending. Working capital can be obtained from selling accounts receivable or increasing their accounts receivable collections system. Loaning more money with longer terms or reducing fixed and variable costs can also increase working capital. A3. (2) Manage Working Capital. Managing or preserving working capital isà done by budgeting, reinvestments, managing accounts payable and receivable, and inventory and asset management. There are other ways to manage or preserve working capital but these are discussed here. Budgeting. Competition Bikes can maintain its working capital by budgeting properly. Controlling costs and managing debt and assets will maintain cash flow. The balance sheets showed errors and ambiguous spending. Good record keeping is essential to know where money is going and where itââ¬â¢s coming from. The company can improve their debt management to know where costs can be cut. Paying debts on time will decrease interest paid and worthy record keeping can help know when the debts are due. Reinvesting. The company can reinvest working capital to preserve it. The 50% common stock and 50% preferred stock structure mentioned earlier will help the company manage working capital. This option yields the highest earnings per share building capital. Increase Accounts Receivable Interest and Discounts. Competition Bikes currently invoices at net/30 days. This should be reviewed and shortened to less than 20 days. Discounts should not be offered in excess and should be careful managed. Smart cost control maximizes cash flow. Accounts payable credit terms can be negotiated with suppliers as well. This may decrease interest and help maintain working capital. Inventory/ Asset Management. In addition to an acceptable record keeping system, inventory control can help the company in knowing whatââ¬â¢s on hand, whatââ¬â¢s incoming and outgoing. This can help determine what assets can be liquidated and used as working capital. A3. (3) Lease vs. Buy. Deciding whether to lease or buy is a way to manage or preserve working capital. Competition Bikes needs to know which the better option to preserve their working capital is. The assessment below discusses the options. Lease. The lease for Competition Bikes would be a 5 year lease with fixedà monthly payments. There is a $50,000 buyout option at the end of the lease and no tax deductions are offered. There is a 6% interest rate on leasing the facility. The company would not be locked into keeping the building after the 5 years. Leasing would yield a lower NPV than purchasing the facility and sustains working capital. Buy. If Competition Bikes chooses to purchase the Canadian facility, it would increase debt and still have fixed monthly payments. However, they would be able to take advantage of tax deductions. There is also a 6% interest rate in this option. Some considerations in purchasing are the depreciation of the facility, the down payment, and the maintenance upkeep. Purchasing the facility requires a $50,000 down payment which results in lower monthly payments than leasing. Recommendation. Leasing seems to make the most financial sense for Competition Bikes in this scenario. Investing the $50,000 into the company to build revenue and manage working capital is a smarter decision than spending it on a down payment. This option will produce less debt and less risk of bad credit. Given that future growth is unknown, it is better to lease for five years and determine at that time how to expand based on how the market is doing at that time. There is lower inherent risk in leasing and better chance of increased returns. The overall lease payments will be less than purchasing so the company should lease, reassess after 5 years, and look into the option to buy at that time. Merger or Acquisition A4. Competition Bikes must consider to merge with or acquire Canadian Bikes Inc. If the company does nothing, it could be faced with market competition that slides the company under. Below we look into the options, the consequences, positives and negatives of each. A final recommendation is made for Competition Bikes based on all information thus far. Merger. In a merger, the two companies would combine. Competition Bikes is a larger company with 975,000 shares of common stock versus Canadian Bikingââ¬â¢sà 200,000. Currently the earnings per share for Competition Bikes is .032 and Canadian Biking is at .121. If the companies merge, their earnings per share would increase to .053, an increase for Competition Bikes. In a merger, the acquiring company uses its own securities in exchange for the merged companyââ¬â¢s so it will dilute shareholder equity. However, since the exchange would be 3:1 basis, this would result in 65% increase for Competition Bikes, holding as a positive for the company. Both companies have expected continued growth over the next five years becoming a stronger competitor. A Merger would mean increased technology, customer base, and pre-established business departments. The merge will also come with more employees and possible duplication of duties making layoffs inevitable. Acquisition. In an acquisition, one company (in this case Competition Bikes) will take ownership of the target company (Canadian Biking). Canadian Biking Inc. will no longer exist and stocks for Competition Bikes Inc. will continue, expecting a return on investment. Competition Bikes is offering shares at 1.43, 30% premium over their current stock of 1.10. The projected cash flow does not meet the 10% hurdle rate Competition Bikes requires for investments. With an offer price of $286,000 and present value of $212,138, that would leave a negative NPV of $73,862. This will not leave the company with a return on investment. Since Competition Bikes has had decreased sales in the past few years, acquisition is riskier than a merger. In an acquisition Competition Bikes would acquire all of the patents and copyrights from Canadian Biking. Conclusion Competition Bikes Inc. is considering a Canadian expansion and is faced with the determination whether to merge with or acquire the Canadian Biking Inc. facility. We have analyzed the source and management of working capital to help the company in the decision to merge with Canadian Biking, Inc. or to acquire the company. After consideration of the items discussed, it is recommended that Competition Bikes merge with Canadian Biking Inc. The monies required to merge with Canadian Biking Inc. should come from 50% preferred and 50% common stock. The growth of the merged company yields moreà projected cash flow over five years than if Competition Bikes simply acquires Canadian Biking Inc.
Thursday, November 7, 2019
ââ¬ÅApples Price
ââ¬Å"Apples Price ââ¬Å"Apples Price-Fixing Penalties Dont Go Beyond E-Booksâ⬠Essay Bradley McEwan Business Policy Strategy ââ¬Å"Apple's Price-Fixing Penalties Don't Go Beyond E-Booksâ⬠As some of us may know, the technological giant ââ¬Å"Apple Incâ⬠along with six other major publishers was accused of price fixing in 2012. The Department of Justice accused the companies of conspiring of banding together to fix the prices of e-books in an attempt to compete against Amazonââ¬â¢s cheaply priced e-books and chip away at its Kindle lead in the e-book market. After trials this year, Apple was found guilty as being the leader amongst the culprits who set out to put the plan in motion and faced penalties sought out by the Department of Justice. The main injunction sought out by the Department of Justice was for an antitrust monitor to be put in place over all Appleââ¬â¢s digital products, not limited to e-books only. This Business Week article is based on the ruling in which a federal judge has granted the U.S government the injunction they sought but limited the over sight to just the e-book market. The decision did come as a shock as prosecutors argued that anticompetitive behavior would lead to the same behavior in another field, however, the federal judge in the case based her ruling on the worries that too much oversight would be ââ¬Å"hampering the companyââ¬â¢s ability to innovate.â⬠As an outside consultant looking at the problem, I believe its sufficient to say Apple should look for alter methods of increasing their presence in the e-book market. They got off the hook
Tuesday, November 5, 2019
How to Write Best Illustrative Essays For College Level
How to Write Best Illustrative Essays For College Level Illustrative Essays For College Level Any focused student would have to handle an illustration essay that appears like an art and a design. Does an illustration essay help in composing visual pictures in our books? Oh, no. However, the name sounds as if that is what the students should be doing. Some tutors refer these kinds of essays as example essays since they consider them giving an insight to readers through their detailed process on a given situation and provide more information on something. Some teachers would prefer calling them descriptive kind of essays. You might be in a dilemma on which side to follow. If this happens to you ensure your tutor clarifies to you about his/her expectations in the provided assignment. Because these types of essays dont require a thesis statement, some expert assumes they are the easiest to write. To confirm this, let students show their understanding of a given idea. However, once you go through our detailed guide on the descriptive essay, you will be in a position to get a passing mark or even higher grade. What is Meant by Illustration Essay? The descriptive essays refer to the kind of essays that will give readers knowledge on an existing situation. Sometimes it may apply to current work by scholars. Occasionally, these kinds of work seek to provide an explanation, illumination, and evidence aimed at clearing the path on a series of processes, concept, and phenomenon. For instance, the question on: What does a doctor do? Could be responded using a descriptive kind of writing. This essay would cover all the description job and details of the doctor. All of these are essential information. As seen above descriptive would be very simple. On the other hand, you might be faced with a situation where you are expected to discuss the issue of racial discrimination. In support of the viewpoint that in promotions, non-whites are rarely given promotions and their payment is way less compared to their counterparts? Write this essay using reputable sources. This is another example of an illustrative essay that seems simple, but it is complex in a way. First, you are not asked to write any thesis statement. Any acceptable essay needs to describe as well as discuss the times and life of doctors. But to have an influential essay, you need to explain in detail the duties and goals of doctors following a provided thesis statement in your introduction. In your academic life, you will notice that there are other common instances like your instructor provides you with a thesis statement and requires you to discuss or illustrate more about it. The first thing to do when given such an assignment is to single out what you are expected to do in the task. Whether you are to expand on the provided thesis statement or write your thesis, however, if you still find it difficult understanding illustrative essays, feel free to contact our experienced tutors and you will get more than help. Outline for Illustrative Essay Some students will treat an illustrative essay so simple that they will even omit writing an outline. While writing a piece, an overview is a must regardless of its complexity. In most college assignments, you will be expected to explain or describe a given phenomenon or situation. So you need to have well-organized points before you begin writing. So you should write a good outline. However, you will not have to construct such a complex framework that will be a challenge for you. Most of the frameworks you will come across are more than just glorified points noted down. Example of Outline Hook: Statistics, exciting story, fact, or anecdote in your chosen topic. Introduce your topic. Explain the significance of exploring your topic further would be essential. Thesis statement. The first paragraph in the body: give a full illustration of your topic. In your second body paragraph: Give another significant factor explanation on your topic. Third paragraph: provide your readers with nuances and detailed information on your topic to help in harmonizing all your ideas. Conclusion: While concluding your essay, remember to restate your thesis statement but this time using a new version of the language. Mention in a laze some of your basic points you have discussed throughout your essay avoiding repetition of vocabulary. For your conclusion to be meaningful, ensure you have connected it to the more significant issue in society. Example of Illustration Essay If you ask any average citizen in the United States especially from New York on their opinion of gun control, they will suggest having strict gun control laws. However, if you ask an average citizen from Texas a similar question, you will be given an exact opposite answer. Gun control and usage have been an issue of concern in the United States for a lengthy period. Supporters and opposers of gun control have sharp points on why they support their stand on the matter. People have different opinions on whether guns in the United States keep them safe or not. One fact for sure is that gun control was once part of American society. If we take the city of New York, for instance, shooting cases in high school was common before 1969 when students used to bring guns with them to school and would turn them over either to their teacher or coach. This was just to keep teachers off their way whenever they wanted to do something. In the early days, young children would pick up their guns after school to go for a gun shooting practice peacefully without causing any confusion. Today, if a high school student brings a gun to school, there will be confusion and panic. One would wonder how things have from a peaceful society where young children would peacefully practice with firearms without posing a danger to anyone to a terror society where shootings have turned out to be the order of the day. The shift in society would be traced back to the media. The rise of video, film, and television has impacted the mental programming of both children and adults to that of violent citizens. This paper will show you how media violence has evolved and intensified over time and changed the perspective of youths on guns. Copious research shows that the relationship between exposure of citizens to violent media and violent society is directly proportional. The study further indicates that the highest risk of violence is the existence of violent electronic games that are popular in the current century. Also, Real aggressive emotions and media-stimulated experiences that are associated with the intention of revenge are significant factors of violence in both schools and violent. From the study, it was clear that the more we expose our children to violent movies like horror in their childhood times and the more they play violent electronic games, they will be more violent and uncontrollable as early as 14 years old. This study provides detailed information that shows how exposure of children to violent media during their sensitive times, when their brain is still under development would determine how they will handle stress and threats in their adulthood. Children who are constantly exposed to violent media as an acceptable means of solving conflict will have the message remain in their brain forever. That is why we find many children who are exposed to the media frequently being delinquency. It is like the constant view of violent films implant in their brain a new form of instruction that guides them throughout their life. Teenagers between 1940 and 1950s who were mostly in gun clubs in New York were never exposed to these kinds of violent films. That is why most of them were kind, non-violent and had learned better ways of solving issues when confronted with stressful situations. With them, they could only watch movies like ââ¬ËI Love Lucy and Leave it to Beaver. The two famous films of their time had no violence in them and nurtured a peaceful nation that was void of shootings. Go through all our essay examples and in any case you are stuck, ensure you have contacted our support team for assistance. Professionals have suggested that there is such a great connection between hostile behavior and violence in the media shown by youths. As a result, one could comfortably say that watching violent films in the press is the beginning of violent behavior in individuals. According to scholarly studies, exposure to violent whether online or offline is substantially associated with increased chances of violent acts shown by the youths today. Some teens even confirmed that most sites they come across have a lot of content showing people engaged in real violence. This research further shows that any form of violent whether online or offline or sometimes through video games that most youths enjoy playing would show signs of impressionable individuals. This might be simple to most of you, but the underlying reason why violent never existed in the 1950s was that some things like Purge franchise never lived. Sources that existed did not show the horrific violent like they are suffocating the current century. In the contemporary world, people who seek justice commit horrible acts like murder to those surrounding them. Unlike adults who can process and distinguish these kinds of media, youths would not do the same and would only implement what they see. They rarely differentiate between fantasy and reality in violent films. The real consequences of violent never appear to them as a crucial role to play. They seem not to have learned a lesson regarding the results of violent to them and the whole society. In the early films that were shown in the me dia, there was nothing like legal shooting; hence it was rare to find classmates shooting each other. They had nothing to trigger their mind to do such unacceptable actions in a society like taking the lives of others. In our community, potent stimulators are almost everywhere and difficult to avoid because of the way they present themselves to us. As a result, we have many cases of shooting to account for that is mainly from our youths. Another interesting study looked at the consequences of the media to the subjects from a biophysical approach. Researchers identified a particular group of individuals who had either aggressive or non-aggressive behaviors. After finding them, they then showed them violent media for a consecutive period of two years. A notable reaction was seen from biological responses was pinpointed when they were deliberately told to consume violent media. The energetic group recorded less brain activity compared to non-aggressive groups. This was observed mainly in the orbitofrontal cortex. This is a region in the human body that is responsible for all past studies and their related emotional decisions making and self-control. On the other hand, the aggressive group appeared to be more determined and inspired than when they had not watched the media. They were even nervous and less upset. This is quite funny as the aggressive group saw the violent film as something soothing and acknowledging their actions. The kind of violence that was shown to them appeared like something they are used to and liked most in their life. The movie energized them to do their aggressive actions more in the future knowing that they are right when doing so. This was a shocking discovery that showed there was a real problem when we promote violent media to the citizens and presenting it as a legitimate kind of behavior. This is because there are some people out there in the world who naturally have aggressive impulses and it will be dangerous trying to stimulate them. This will be like keeping a breed of hardcore criminals with the intention of terrorizing citizens in the future. Similarly, the study conclusion is worrying as it showed that aggression is a type of personality that develops in the nervous system as the child grows. As the child grows his behavior pattern becomes more solidified even at the adult stage when they are thought of personality. This might be the basis of existing distinct characteristics between aggressive and non-aggressive individuals and the role media plays towards motivating them to do specific actions. The summary of this study shows that media can motivate energetic people to behave aggressively. This is extremely dangerous, and the media should be cautious about it. In summary, we would say that the anger for gun control is most of the time misplaced. Instead of getting hungry for a tool that the youths use during their stressful moment, the focus should be directed towards the source of their action. There is a need to understand what triggers them to act aggressively. Throughout the paper, we have tried to demonstrate that the media is capable of influencing the youth negatively. It has the ability to teach and program them through all ugliness they see in the media that is meant to show them how to deal with frustration, depression, or anxiety. Therefore, we need to come up with alternative sources of entertainment for our children. Violence has always remained a derivative and predictable aspect resulting from the media. Thus, the need to be more vigilant on the type of content our children watches. Giving our children all the freedom of even watching violent media is a way of preparing them for antisocial behaviors soon. It will take combin ed effort to impact a reasonable change in all programmed content availed for the public for viewing. An illustrative essay will help you to present a general aspect of a given topic or situation with the use of details, interpretation, and facts. That is why most tutors prefer giving this kind of written assignments. As you write, provide enough examples in your assignment. This essay enables readers to understand the reason behind the existence of an individual situation or things. Successful illustration essay should leave readers with a deeper understanding of the subject giving them a detailed sense of clarity. Our experienced tutors have done a myriad of these essays and are fully aware of what instructors look for when they give out these assignments. In case you need help writing your piece, we have more than enough qualified writers ready to help you complete your work and get that grade you deserve.
Sunday, November 3, 2019
Inclusive sport in UK society Essay Example | Topics and Well Written Essays - 2000 words
Inclusive sport in UK society - Essay Example With this, there are a lot of individuals who are prompted to involve and even develop themselves into several sporting events. There are statistical data which states that there are national or professional athletes who are not passionate with the sport that they are playing but do play because of money. In dealing with this, one might say that sporting in UK would mean career and employment opportunities for some. There are a lot of spectators who are saying that these kinds of occurrences really prompted people to go on several sports as a career. However, they also stated that some even though not that physically capable and deserving are pushing them to become a part of the national team or play on major commercial leagues. Such occurrences are well-documented. In further dealing with this, there are also irregularities and deprivation which are happening in different fields of sports in UK. These occurrences have something to do with racism, gender and sometimes social status between the rich and the poor and the disabled one. In dealing with this, a thinking that playing sport as a right of an individual is now replaced by the thought that the privileged ones are those who could enjoy a sporting event to the fullest as well as the perks and incentives encircling it should a certain individual be hired and open a career as a sportsman. In this case, several instances occurred in dealing with this issue, UNESCO has reported several instances involving racial discrimination even in professional football league in UK. There are a lot of accounted deprivations and discrimination of some individuals in sports played in UK in which they were not given equal opportunities with regards to playing time, exposures and the likes. In November 2000, unesco.org have reported that "Three days into England's new football season and Patrick Vieira, France's World Cup and Euro 2000 winning midfield player, is dismissed while playing for Arsenal against Liverpool, earning his second red card in as many matches. The British press is quick to speculate that he will quit the English game, invoking the player's own accusations that he has been subject to "racist" intimidation from players and officials alike. According to Vieira, he is being singled out for abuse not because he is black, but because he is French-a complaint previously made by expat footballers like Eric Cantona, Frank Leboeuf and Emmanuel Petit-Only months before, a defender playing for West Ham faced disciplinary charges after allegedly calling Vieira a "French prat" and joking that "he could smell the garlic" when the midfielder spat at him" Issues and controversies surrounding inclusive sport in UK society 3 Furthermore, UNESCO (2000) stressed that such incidents are just replication of history adding that "In England, the cradle of football hooliganism, the debate over racism in football has evolved. Overt racism among supporters and abuse directed at black players, both of which flourished in the 1970s and 1980s, have declined steeply in recent years in the face of vociferous public campaigning, though residual pre-judices against foreign players have evidently been unaffected. Elsewhere, in
Friday, November 1, 2019
RESEARCH PAPER - CORPORATE TAX REFORM Assignment
RESEARCH PAPER - CORPORATE TAX REFORM - Assignment Example Corporate tax revenue share that included total federal tax revenues collapsed (Maples & Graveled, 2011)3. Consequently, federal revenues declined from 28% in 1950ââ¬â¢s to less than 10 percent since the 1980ââ¬â¢s. A big percentage of corporate profits that contribute a big percentage of federal revenue have also followed the same trend of decline. In 1950ââ¬â¢s, corporation groups paid not less than 49 percent to federal income tax. However, the percentage dropped significantly to only 25.3 percent from 1990ââ¬â¢s. In addition, despite the boom years of the 1990ââ¬â¢s, share of the US economy remained sharply lower representing only two-fifths of GDP share in the 1950ââ¬â¢s hence a drop in the federal revenue. Finally, since corporations in America bear the lowest income tax revenue compared to other European countries, United States bore the heavier burden to cater for the deficit in income tax. As a result, federal revenue decreases. Lowering tax rates implies a significant increase in the corporate income. Apart from income increase, tax inversion makes it safer to venture into business opportunities that organizations regarded as too risky to take. In the recent past, for instance, Endo Pharmaceutical made a bid to purchase Auxilium, a close competitor (Sullivan, 2011)4. Lower tax rates covering mergers and acquisitions influenced Endo Pharmaceuticals to proceed into a risky bid. In addition, if shareholders of a foreign company own only up to 80 percent of its shares, a US corporation enjoys payment of lower tax on subsequent earnings. Such corporations also evade paying taxes to the US on any cash they store outside the country. Consequently, companies easily enter into the market, increase market share, expand the list of therapeutic specialists, and use a single opportunity to reduce their tax rate. Furthermore, with tax reversion, corporations use transfer
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