Is There a Purpose of Life an Example of the Topic Psychology Essays by

Is There a Purpose of Life? by Expert Dr.William (PhD) | 21 Dec 2016 This is the common question of every inpidual who tries to find meaning of his existence and a very fundamental question that every inpidual should ask themselves to understand the principle behind the purpose of human life. We can view the purpose of human life according to rational or humanistic approach or the religious or theistic approach. Life is a gift from above and its Creator makes him exists for a pine purpose. Yes, there is definitely a purpose of life. Its purpose is to live life to the fullest and makes the Creator blessed of what his doing. Life is not just all about being born, get married, have a family and die but to explore and enjoy how beautiful life is when it will be lived rightfully and fruitfully in accordance to mans conviction (Drotar, pp. 36-39). Need essay sample on "Is There a Purpose of Life?" topic? We will write a custom essay sample specifically for you Proceed The rational or humanistic approach espouses that the idea of the purpose of life is generated by the experience of being alive and of experiencing the elemental fear of its extinction. Lifes purpose is the most primordial experience. A sincere non-religious person may concede that there is a supreme being that governs our lives. But for a totally non-theistic person, the purpose of life will be difficult to prove. One can easily say that life has a source, and that life does not only originate from our parents or even from our ancestors, but from a being that is pure in heart and who has given us this special gift. The principle of the purpose of human life is not only a universally accepted truth, but has served as a rule or norm in every inpiduals way of living. This norm guides certain actions or practices performed by people. This is the reason why in spite of lifes difficulties some health workers are truly professional and hardworking in delivering health services to the people (Gregersen, pp. 98-107). Moreover, we develop general sense of value which means an awareness that we should do good and avoid evil. A sure sign of this general awareness is the fact that people argue about right and wrong. There will be no debate if we do not experience the responsibility of choosing between good and evil. Our desire to do the right thing reflects this general sense of value. As we search to discover the right course of action, we probe into life purpose and the world search for truth. If we are honest in our search, then we turn into a variety of sources for wisdom and guidance (Behe, pp.121-124). After searching for the truth, the time comes when we are able to make an actual concrete judgment and a specific decision. In addition, we must follow our decision only after we have done our best to search for the truth concerning the issue facing us. Following our conscience does not mean doing what we feel like doing. What it means is the hard work if discerning what is right and what is wrong. We must be reminded that our conscience (may determine our purpose) can go astray without losing its dignity. A person can do his/her very best in search for the life purpose but can still miss the mark. As a result, the decision reached might not be the best which will lead to our human fulfillment (Hardy, pp. 64-66). Nonetheless, the inpidual must follow this decision, on the condition that the person really tried to discover the lifes purpose. To be able to attain lifes purpose, an inpidual should obey his conscience. This principle is actually true but it should be properly understood. Sincere people often get into trouble because they faithfully obey their conscience without being critical of the validity of their decisions. Formation of conscience is important here. A mature moral decision is not only a decision to make a good deed that we ought to do but also a choice made in good faith o make what we want ourselves to be. The dignity of the human person implies and demands the rectitude of the moral conscience; that is, its being based on truth. One must seriously seek a right conscience or, in other words, one must try to make sure that ones moral judgment is right (Life's 'Comings and Goings' Are in God's Good Purposes ). This can be achieved by: diligently learning the laws of the moral life (through spiritual formation) just as players must be interested in knowing well the rules f the game. seeking expert advice on difficult cases (spiritual direction) just as doctors hold constitution when the diagnosis of a serious illness is not clear; asking God for light through prayer; removing the obstacles to right judgment such as habitual moral disorder or bad habits; and personal examination of conscience. Ask yourself these two question: What bad things have I done for the day? What good things have I done for the day? Formation of ones purpose precisely refers to the careful preparation of judgment. A person is called prudent when he decides according to that judgment. Among the above listed conditions for reaching a right judgment, two can especially benefit from a remote preparation: 1.) the intellects knowledge of moral laws, and 2.) the wills removal of obstacles (Leichtentritt, pp. 46-52). Thus, the formation of lifes purpose is a long, and comprehensive process that will later facilitate an immediate and right judgment in any concrete situation. Another way to attain lifes purpose is to make moral decisions. Choosing the action that does not fully promote humanity is not an easy task. Moral dilemmas confront us with profound complexity. Some persons judge artificial conception and contraception to be contrary to human nature. Others see them as compassionate use of technology to help nature (Nussbaum, pp. 21-25). Our culture suggests a variety of means to resolve these difficulties. Now, we should carefully consider the process of making moral decision, the process of answering our initial question, What I ought to do? The answer to this question often brings conflict in us, and life presents situation where decisions are not so clear-cut. Reference: Behe, Michael J. The Fifth Miracle: The Search for the Origin and Meaning of Life . Pp. 121-124. First Things: A Monthly Journal of Religion and Public Life, June 1999 Drotar, Dennis. Measuring Health-Related Quality of Life in Children and Adolescents: Implications for Research and Practice. Pp. 36-39. Lawrence Erlbaum Associates. Mahwah, NJ. 1998 Gregersen, Niels Henrik. From Complexity to Life: On the Emergence of Life and Meaning. Pp. 98-107. Oxford University Press. New York. 2003. Hardy, Thomas. Life's Little Ironies. Pp. 64-66. University of Oxford. New York. 1999 Leichtentritt, Ronit D.VALUES UNDERLYING END-OF-LIFE DECISIONS: A Qualitative Approach . Pp. 46-52. Health and Social Work, Vol. 26, 2001. Nussbaum, Martha. The Quality of Life. Pp. 21-25. Clarendon Press. Oxford. 1993. Life's 'Comings and Goings' Are in God's Good Purposes . The Washington Times, March 1, 1999

Definition and Exampes in English Grammar

Definition and Exampes in English Grammar A diminutive is a word form or suffix that indicates smallness. Also called  hypocoristic. In his Dictionary of English Grammar (2000), R.L. Trask points out that the English language usually forms diminutives by suffixing -y or -ie, often to a reduced form of the source word, as in hanky for a handkerchief, doggie for dog and Tommie for Thomas. But we also use -ette, as in statuette and kitchenette. Other examples of diminutives include  booklet, a small book; circlet, a small circle; duckling, a young duck; hillock  a small hill; novelette, a short novel; wavelet, a ripple or small wave; rivulet, a small brook or stream; gosling, a young goose; coronet, a small crown; eyelet, a small hole; and  droplet, a tiny drop. Etymology From the Latin deminut, to lessen Example My parents named me William, but my friends call me Billy or just Bill. Except for one aunt who calls me Willy. Diminutive Derivation [I]n English, productive diminutive derivation hardly exists at all, despite the existence of isolated baby forms such as handies, doggie or birdie (one can say girlie but not *mannie, auntie but not *unclie, horsie but not *goatie, and so on. The Trick of Shrinking A charming trick almost every language has is the shrinking of someone or something you like by the use of diminutives. The diminutive of Charles is Charlie. The diminutive of William is Billy. The diminutive of star is starlet. The diminutive of pig is piglet. The Olympics of diminutives is won hands-down by the Italians, who have literally dozens of different forms of the diminutive, each conveying its own special nuance of feeling for the noun undergoing the shrinking. A Borrowed Italian Diminutive The food is so good because the ingredients are excellent, like the bread that is made especially for ino at Blue Ribbon Bakery down the block. But ino, a word ending that is an all-purpose Italian diminutive, also offers a European-style warmth. Contrasting Attitudes Toward Diminutives Traditionally, the term diminutive has been used to refer to words which denote smallness and possibly also expressing an attitude. The expressed attitude can be either positive or negative, i.e. either affectionate or derogatory, depending on the specific interplay of linguistic and situational factors in a given context. Diminutives are titles of endearment. Dr. Johnson calling Goldsmith Goldy did equal honor to both. Fanny is a patronizing diminutive. It makes the author [Frances Burney] sound the harmless, childish, priggish girl-woman that many critics want her to beas if the heroine of Mansfield Park has set up as a novelist. Let her have an adult full name. Pronunciation di-MIN-you-tif Sources David Klass,  You Dont Know Me. Square Fish, 2001 Anna Wierzbicka,  Cross-Cultural Pragmatics: The Semantics of Human Interaction. Walter de Gruyter, 1991 (Barry Farber,  How to Learn Any Language. Citadel, 1991 Eric Asimov, An Italian Sandwich Shop That Takes the Diminutive.  The New York Times, February 10, 1999 Margaret Anne Doody,  Frances Burney: The Life in the Works. Rutgers University Press, 1988

Answer the question Coursework Example | Topics and Well Written Essays - 1000 words - 1

Answer the question - Coursework Example Money also shows the theme of love where giving is far much better than receiving (185). The religious inclination of giving away the grateful self to the giver of life, therefore, giving money shows love. In general, money is a theme in itself. Money is also mentioned when the Sultan who seeks a loan summons Nathan. Saladin is impressed by the wisdom of Nathan. The merchant then offers the loan of part of his gold since he desires to use part of it to pay his debt to Templar. 3. Kohlhaa’s wife attempts to get justice for her husband by delivering a petition to the Elector of Saxony. She is struck down by a guard in the process and later dies of her injuries. Kohlhaas is not a cruel man. He is just a man who seeks the justice he deserves even though some of the means he uses are cruel. He is a persistent man and this causes him a crime when the progress through legal means fails to help him. Kohlhaas, at the beginning of the book, lived with his wife, Elizabeth and five children. He is a caring father conducting a righteous horse-dealing business to provide for his children. As he was about to be executed, in his will, he even appointed a guardian for his five children. The leaders of the society in which Kohlhaas lived considered him a public nuisance and thus the desire to publicly execute him. To some of the people in the public, he was a courageous man in pursuit of justice while others just agreed with the rulers of the land (Watanabe 900). 4. a) There are not a lot of women writers in German Literature before the 20th Century. The themes in the works change into four main currents, which include before World War II, war literature, post war and post wall. Until 1989, there were only three to four countries producing German Literature. Examples are Christa Wolf 1929- from Austria. Wrote No Place On Earth, Cassandra, and A Model Childhood. Ingeborg Bachmann 1926- 1973 from Austria

Read the requirment carefully and finish on time Essay

Read the requirment carefully and finish on time - Essay Example 59). According to the company’s handbook (1935, p 10), the company began its business by erecting numerous roadside dangers and other warning signs. The company was in charge of road signs until early 1930s when the local authorities took control of the signs. The achievements gained by the company were destroyed when most of their road signs were destroyed during the Second World War. By then, the company had erected approximately 6,500 direction signs and 15,000 village signs (The Automobile Association Handbook). The company published an AA Member’s Special Handbook in 1908. By using the handbook, the company’s clients could find the location of AA agents across the country and mechanics. The clients also received free legal services for one year (Passmore 2003, p. 62). The company has grown from a small company to become on the leading companies in the world. The motor insurance service has grown to become one of the largest in London and the United Kingdom a t large. The insurance industry is experiencing growth that is generated by new entrants with new products and way of doing things. It is due to these factors that the company needs to explore means of ensuring that it remains among the best service providers in this industry. SWOT Analysis Strengths The Automobile Association has various strengths that it can exploit to gain a competitive edge in the market. The first strength the company has built over the years is its reputation of being reliable in providing services. The company’s clients need not worry when they are in some form of discomfort since they trust in the company to deliver. The company is also renowned for having qualified and competent staff. This includes qualified mechanics for the garage sections and the staff in other areas. Weaknesses Despite having the above notable strengths, the company also has some weaknesses that can be exploited by the competitors. The competitors in the British market arise fro m firms such as RAC and Green Flag and Direct Line and a host of many other small players (Harison & John, 2008). The second placed RAC is becoming a serious threat to the existence of the company. The company offers all the services that the Automobile Association offers in addition to security services. This therefore means that the company has a more complete package than the Automobile Association even though they are still young in client size. The second weakness of the company is the high employee turnover. On one hand, the rivals lure some of the employees away from the company with huge salaries. Since the Automobile Association is renowned for having top class employees, the competitors target these employees instead of struggling to breed their own. On the other hand, some of the employees such as mechanics use the money from their savings to open their own businesses using the reputation of having worked for the Automobile Association. Opportunities The current economic condition is tough on some people. This people however require motor insurance and other related services. These types of people will therefore look for cheaper options that also provide quality and reliable services. The company can gain from such people by introducing products for all classes of people. The other option that could be more profitable is for the company to merge with one of the competitors such as RAC. This would

The Killer Angels by Michael Shaara Essay Example | Topics and Well Written Essays - 750 words

The Killer Angels by Michael Shaara - Essay Example It resulted in loss and injury of 51,000 men. The characters of the book include General Robert E. Lee (commander of the Confederate army), General James Longstreet (General Lee’s second in command); and Union Colonel Joshua L. Chamberlain (the participant of the fighting on Little Round Top, one of the most popular divisions of the Battle of Gettysburg). On June 29, 1863, Longstreet meets a spy, who tells him that the Union army is moving, which surprises him because he thinks that General Stuart is supposed to follow the Union army. He thinks it appropriate to catch the Union army from north. The Confederates move south-east in Gettysburg. Colonel Chamberlain finds out that there are a hundred new mutineers from the Second Maine, out of whom six join his Twentieth Maine after his speech. The Union army, under supervision of General Buford, arrives in Gettysburg to find out the Confederates already present there. Buford positions nearly 200 soldiers along the hills to confron t the Confederates, because he thinks it easier to fight from the top. George Pickett and many other Generals meet Longstreet in the Confederate camp. General Lee is irritated at the absence of General Stuart. On July 1, he meets Longstreet who tells that he wants to confront the Union army from south-east, to come between them and Washington D.C. Lee refuses. The Confederates attack the Union army at Gettysburg. Buford keeps back the Confederates with the help of General Reynolds, who gets killed. Lee arrives and finds the battle going on, and orders his Generals to attack the Union army from south. Chamberlain’s troops also move in the north of Gettysburg. The union army retreats to the hills and sets up cannons. Longstreet is perplexed at Lee’s decision, and is angry at General Ewell’s move of making the Union forces retreat in hills. The Union army blames Buford for the retreat. Chamberlain is still moving in the north of Gettysburg on July 2, where he meets an escaped slave. Lee approves of Ewell and Early’s plan to attack two flanks of the Union. He moves his forces toward the hill, where the Unions had already come down. Lee attacks, and the result is a scene of carnage from both sides. Chamberlain reaches the little Round Top. His troops run short of bullets. They scream and frighten the Confederates away, making the Unions possess the Little Round Top. Lee gets angry at Stuart when he arrives. Lee sets a new plan of attacking the middle flank of the Unions. He orders Chamberlain’s troops to take position, on July 3. Longstreet tries to convince Lee to leave the plan, but all in vain. He gives Pickett the charge of attack. The Confederates attack the Unions. Chamberlain is safe, though his troops are in the center. The attack is of less harm to the Unions, who attack back with cannons, causing the Confederates much loss. Confederates retreat, and the gory battle ends (Bailey). Shaara’s attempt at describing eve nts made this book the top best-seller (Wilson and Fischer 492). I loved reading the book, and appreciated the way the writer has conveyed the correct sequence of events. The way of writing is subtle yet imaginary, and I can feel myself present at the place of war while reading. The tone is expressive, and the style of writing, with which the chronological order of events has been presented, is lucid. While synopsis, I

Electrical Resistance of Different Liquids | Experiment

Electrical Resistance of Different Liquids | Experiment After the invention of electricity by Michael faraday many scientists studied the ways of conducting electricity. It was in the middle of 18th century scientists thought about using liquid as a medium of conducting electricity. In 1808 Sir Humphrey Davy conducted electricity using potassium solutions in ammonia. The experiments were to show the electrical conductivity of liquids, but the reason for this was not explained in his experiments. In 1879 F.Kahlrausch proposed that ions are responsible for the conductivity of liquids. Ions are the building blocks of each molecule defined by its electron number. Ions which formed by the decomposition of minerals and other impurities carry current across the liquid and this is directly proportional to the ionic velocities. These findings were scientifically proven by M.M.Wrobleewisky and Olszweski in 1883 by liquefaction of nitrogen and other minerals from a solution under a pressure of 50 atmospheres showing the presence of ions in solute. The experiments conducted by WG Scaife in 1973 on the natural conductivity of liquids showed that at higher pressures of 2500 bars and above the electrical conductivity of polar solutions decreases rapidly. Even though there is a decrease at low pressures which are not practically measurable. Polar compounds like castor oil, sebacate etc. were used for these experiments and were discovered that the double layer formed at the tip of electrodes was the reason behind the reducing nature of electrical conductivity. While experiments on ionic solutions like Diethyl ether, carbon disulphide, benzene etc showed an increasing trend of electrical conductivity with pressure. This was due to the triple ions formed during the experiment. [1] In the experiments conducted by Alexander, Stoppa, Johannes Hunger, and Richard Buchner in 2009, it was found that the electrical conductivity of ionic solutions is higher than a mixture of ionic and polar mixture solutions. The experiment used potassium chloride (ionic) and non soluble oil base (polar) and the experiments were conducted under constant temperature and pressure conditions. The experiment showed a decrease in resistivity of nearly 1 ohm with an addition 5 wt % ionic compound. This experiment proved that the electrical conductivity depends on the charge density (number of ions) and the resistance to the movement of ions known as viscosity of a liquid [Stokes-Einstein, 1906]. The experiment compared the conductivities by increasing the percentage of ionic molecules in the solution. [2] Experiments were conducted by Aresatz Usobiaga, Alberto De Diego, and Juan Manuel Madariaga 1n 1999 to relate temperature with the electrical conductivity in solutions. HCL Solution (ionic solution) was used for the experiments. Under different temperatures close to the room temperature (292-315K) the solution exhibited an inverse proportionality relation to the conductivity. This correlated to the findings of A I Zhakin in 1995 were KCL which is less ionic compared to HCL was used. The experiment with HCL pointed out that at near to room temperatures resistivity was increased by 5-10% with every increase of 5K. The reason for this behaviour was the increase of viscous properties of the solution and viscosity decreases electrical conductivity. [3] In 2006 J. Vilaa, P. Ginà ©sa, E. Riloa, O. Cabezaa and L.M. Varelab conducted experiments on the electrical conductivities of solutions of aluminium chloride, aluminium bromide, aluminium sulphate and aluminium chromide. These compounds are ionic in nature. The experiments were carried out under constant temperature and pressure conditions. Experiments conducted by increasing the density of solutions showed an increasing trend of electrical conductivity by 10 % on each increase of density. Density was increased by adding 5 wt % aluminium salt into the solution. These increasing trends went until the solution is 50% saturated. The reason for the rise in conductivity was explained to be the increase in ion concentration. The more the ionic compounds present the more the conductivity would be. The results also showed that aluminium chloride which is more ionic than other samples will conduct more electricity at any concentration. But for polar compounds the increase in density resulte d in a decrease of conductivity. [4] J. Vilaa, P. Ginà ©sa, J.M. Picoa, C. Franjoa, E. Jimà ©neza, L.M. Varelab and O. Cabeza in 2005 conducted experiments on aluminium chloride and aluminium bromide for the binary relation on electrical conductivity with varying temperature and density. The experiment used 30% and 60 % concentrated solutions over a temperature range of 250-430K. The electrical conductivity increases with temperature, up to 400 times for aluminium chloride and 52 times in aluminium bromide solutions. But the conductivity decreases inconsistently with the increase in concentration. The probable reason for this controversial result could be the change in the properties of compounds with temperature. This showed that temperature had a greater influence on conductivity than density. [5] METHODS AND MATERIALS Overview of the experiment In order to contrast the electrical resistance of different liquids to expose their ionic or covalent characteristics, the following measures were carried out. Description of the procedural steps Firstly the electrical resistance measurement was set up. Then hundred and fifty milliliters of desired liquid was measured and poured in to a clean beaker. After the power supply was switched on, using the multimeter, circuits current was measured. Then at five minutes interval reading was traced again for three times. After this the average of three recordings was determined. Once the current was computed resistance of liquid was found out using Ohms law. Next the steps were repeated for all selected liquids. Subsequently all the selected liquids were cooled to 18 °C. Finally the above steps were followed for the refrigerated liquids. Materials Overview of mechanism The materials used for the experiment are listed below. Digital Multimeter DC Power supply, 250 ml glass beaker Sample solution of 150 ml Orange juice, 0.01% salt solution, 1% salt solution, 2% milk, and mineral water. Table salt Description of principal parts Digital multimeter Multimeter is an electronic tool which can be used for the measurement of voltage, current and resistance. There are two types of multimeters available. Multimeter which comes with digital display is commonly known as DMM (Digital Multimeter).Main parts of a digital multimeter are measuring probes, adjusting knob and digital display. Firstly the probes are used to get connection between points where we need to measure electrical property. One multimeter got two probes for achieving the connection between two selected points. Secondly the adjusting knob is used to select which property need to measure. It is also used to select the range of values of the results. The digital display helps the user to get accurate readings. It also provides information about different settings used for measurement. The multimeter can be switched on by turning the adjusting knob to desired property to measure. The display will provide us the relevant information. To test the DMM, turn the knob to resistance measuring mode and then touch each end of a copper wire to probe tips. Then the display will show resistance which should be almost zero. Results and Discussion The resistances of different liquid solutions prepared for the research were calculated using the Ohms law equation at room temperature. Observations show the average resistance of different liquid ranged from 26.1 kilo à ¢Ã¢â‚¬Å¾Ã‚ ¦ to 1728 kilo à ¢Ã¢â‚¬Å¾Ã‚ ¦. Among the liquids, orange juice was best conductor (26.1 kilo à ¢Ã¢â‚¬Å¾Ã‚ ¦) and distilled water (1728 kilo à ¢Ã¢â‚¬Å¾Ã‚ ¦) was the worst. The two salt solutions showed almost the same resistances even though higher concentrated gave us a slightly lower resistance. Orange juice The figure 8 chart shows that orange juice is the best conductor of electricity. The resistance for orange juice was found out to be the least during the experiment. We had an assumption that acids are the best conductors because they are ionic in nature. Acids separate into ions when mixed with water and ions are charge carriers. The electrical resistance computed was 26.1 kilo à ¢Ã¢â‚¬Å¾Ã‚ ¦ at room temperature. We had also made another assumption that when refrigerated; the conductivity will increase as the ions move slower related to normal room temperature liquid. After refrigeration, the resistance increased slightly to a value of 26.4 kilo à ¢Ã¢â‚¬Å¾Ã‚ ¦. Even though there was only a small decrease in the resistance value from that of the room temperature, our assumption regarding the refrigerated liquids came true. As studies and experiment done by Aresatz Usobiaga, Alberto De Diego, and Juan Manuel Madariaga in 1999 to relate temperature with the electrical conductivity in solutions [3] supports our results in this section. Salt solution The second best conductor is the salt solution. For the salt solution, the experiments were carried out with a concentration of 0.01% and 0.1% salt. The salt crystals in solid state wont conduct electricity because anions (chloride ions) and cations (sodium ions) are held together. But in a salt solution they are free to move around and thus conduct electricity. The main reason behind conducting this research experiment on different concentration of salt is to study whether it is the density or temperature of the solution that affects the electrical conductivity more. We hypothesized that the density of solution would decrease the electrical conductivity. The 0.01% and 0.1% concentrated salt solution exhibited almost the same resistance value of 35.6 kilo à ¢Ã¢â‚¬Å¾Ã‚ ¦. But the higher concentrated solution gave slightly less resistance value of 35.3 kilo à ¢Ã¢â‚¬Å¾Ã‚ ¦ as compared to the other solution. The resistance value of refrigerated salt solution of 0.01% and 0.1% are 115.2 kilo à ¢Ã¢â‚¬Å¾Ã‚ ¦ and 114.1 kilo à ¢Ã¢â‚¬Å¾Ã‚ ¦ respectively. As per the assumptions the higher concentrated solution gave slightly less resistance and the refrigerated solution showed great resistance as compared to the room temperature values. This showed that temperature had a greater influence on conductivity than density. [5] Milk The third liquid tested was 2% milk solution. Milk also conducts electricity but only in a small amount as compared to orange juice and the salt solutions. Electrical resistance of the milk solution was worked out to be 210.3 kilo à ¢Ã¢â‚¬Å¾Ã‚ ¦ during the experiment at room temperature. Viscosity and density are the other factors that contribute to the poor conductivity of electricity as compared to the above mentioned liquids. The refrigerated resistance value of the milk solution calculated is 211.1 kilo à ¢Ã¢â‚¬Å¾Ã‚ ¦. While cooling, the viscosity increases due to the higher voluminosity of fatty acids, proteins, etc. [Website reference: http://www.dairy-science.org/cgi/reprint/80/4/628.pdf]. Thus we came to the conclusion that milk conducts electricity due to their typical covalent bond structure and the presence of fatty acids. Distilled Water Figure 8 shows that distilled water is a worst conductor of electricity. During the research experiment, distilled water showed a resistance value of 1728 kilo à ¢Ã¢â‚¬Å¾Ã‚ ¦. The reason why liquid conducts electricity is due to the free movement of cations and anions in between the electrodes. For example, in our salt solution test electricity was conducted as the salt readily ionizes to sodium cations and chloride anions which can move freely around in the solution thereby transporting electric charges. In the distillation process water is boiled to steam and the steam is again condensed to water. Nearly all the salts present in the water is thus left out during the distillation process. Thus distilled water is pure H2O. Although pure H2O (distilled water) can dissociate into H+ and OH- ions like salt, it ionizes very rarely therefore exhibiting the property of an insulator. [Citation may or may not be given for the above statements made] Thus from the research experiment carried out we concluded that among the liquid solutions chosen, orange juice is the best electrical conductor and distilled water is the worst. From this we understood that orange juice has more ions present than distilled water (pure H2O). Therefore our assumption regarding acidic solution has high electrical conductivity is correct. Adding to the above results, the density and temperature also affects the electrical conductivity. The more salt added to the solution i.e. more ions added, the lesser the electrical resistance. The assumption regarding temperature as a factor affecting electrical conductivity was correct in some measure as some liquid solutions show higher resistance whereas some show almost the same resistance value with the room temperature values. Discount Retailers: Porters Five Analysis Discount Retailers: Porters Five Analysis In a context of post World War II, there was an economic boom in the USA, driven by the baby boom. The families needs increased, and discount retailing stores started to appear. Their main aim was to operate within low prices, to be able to offer everyday products at a very affordable price. In order to analyse the attractiveness of the discount retailing industry in the USA in the 1950s, we can use Porters Five Forces. Porter (1980:3) stated that competition in an industry depends on five basic competitive forces. As seen below in figure 1. Force 1: The Degree of Rivalry According to Ghemawat (2008), the degree of rivalry is the most obvious of the five forces in an industry [â‚ ¬Ã‚ ¦]. It influences the extents to which the value created by an industry will be dissipated through direct competition. With the economic boom, many discount retailers have emerged, especially in big cities (with a minimum population of 100  000). For the already existing supermarkets industry, their customers were used to having a lot of competitors to choose from. That is why the newly emerging discount stores attracted a lot of new entrants. That industry was characterized by an intense competition. The growth of the industry was significant and this factor of high profitability attracted many entrepreneurs willing to open new stores. As a result, in the US cities in the 50s and 60s, the concentration for the discount retail industry was low and the rivalry was intense (factor of industry unattractiveness). The theory says that the rivalry between competitors decreases when the buyers switching costs are high. But in the case of the discount retail industry, the switching costs are almost nonexistent: urban customers have a lot of competitors to choose from and the recent use of the car and the quite low price of the petrol in the 50s allow them to easily change and shop in another store. Also, unlike the supermarkets, discounters sold more or less the same kind of products. The available retailers focused on non-food products, and a competition for price began among the stores, offering a wide variety of household products such as toiletries, appliances, groceries and household goods. Thus, there is a significant rivalry here, characterized by high fixed cost and a lack of product differentiation. However in the 50s, in small towns and rural areas, the competition was not as fierce, as not many discount retailers were willing to open a shop in the countryside. This made that business landscape less competitive. Sam Walton saw an opportunity there, and decided to locate his first Wal-Mart stores there: Our strategy was to put good-sized stores into little one-horse towns that everyone else was ignoring. Force 2: The Threat of Entry Average industry profitability is influenced by both potential and existing competition (Ghemawat, 2008). The Five Forces framework gives 3 basic types of entry barriers: economies of scale, brand identity and capital requirement: Economies of scale: large economies of scale allow providing cheap products to their customers. It is an essential part for a discount retailer, and without it, could represent a real barrier to entrance. Brand identity: the products were standard in nature, and there were little or no differences between discount stores. That means that in the 50s, it was not really a barrier for new entrants. Capital requirements: the threat of entrants is also possible because of the high capital required. Entrepreneurs need high capital (building, equipment) and financial resources to start up a new discount store and this represents a barrier to entry the industry. Moreover, the barrier is much higher when the plan is to set up a stores chain. There are also some other barriers to take into account: Access to distribution: the discount retailer has to find new reliable suppliers, to have a competitive distribution channel. Advertising: it can also be seen as an entry barrier. In order to be known and to attract customers, new entrants need to spend a lot more money on advertisements. In the 50s, the US discount industry was characterized by high price and advertising competitiveness, with little buyer loyalty. To summarize, there were many obstacles for new entrants in the discount retail industry. Force 3: The Threat of Substitutes The threat that substitutes pose to an industrys profitability depends on the relative price-to-performance ratios of the different types of products or services to which customers can turn to satisfy the same basic need (Ghemawat, 2008). Due to the lack of product differentiation and the absence of switching costs, the goods sold in the discount stores can be found in other types of stores. There is a high buyer propensity to substitute. The discount retailer just like any other has to develop strategies to sell at a low costs but this is not the solution. It constantly has to ensure that its products are exactly what the consumer needs. This means that high quality products at an affordable price should also be part of Walt Mat strategy of being competitive, as well as product differentiation. Supermarkets represented a big threat of substitution for the discount stores selling groceries because they were cheaper than the conventional stores chains and they dominated the retail industry in the 50s (Markin, 1968). Force 4: Buyer Power The buyer information availability was almost non-existent. Indeed, nothing in the way of information technology was accessible at that time, either for EPOS (Electronic Point of Sale) use or for more sophisticated applications. The bargaining power of buyers is weak when reduced to a single individual, but the demand as a whole is extremely powerful. However, the fact that there were many discount retail industries made each of them weaker against the buyers bargaining power. That power was high in the USA in the 50s: customers could easily walk away and go to another shop (low switching costs). In the post World War II years, US consumers became educated in the merits of self-service, low price shopping via the spread of supermarkets. The customers price sensitivity was then high, because of the high product standardization, they could find their products in every discount retail. The buyer loyalty was low. Force 5: Supplier Power In the US discount retail industry in the 50s, the suppliers power was much stronger than today, because of the RPM (Resale Price Maintenance). The RPM was legal at this time and gave the right for the suppliers to set the final price of their products (price sometimes printed on the product). It was virtually impossible for retailers to pass on the benefits of more efficient operations to customers via lower prices. Thus, in the 50s the strong suppliers power was a criterion of unattractive industry. After the analyze of the US discount retailing industry in the 50 through Porters Five Forces, it can be inferred that this industry was not attractive, due to the high new entrants barriers, the level of competition in the cities, the threat of substitutes, and the high buyer and supplier powers. However, it is possible to slightly alter this statement: although the competition was tough in big cities, it was easier to set up a shop in the rural areas, where the degree of rivalry was lower. As a consequence, the different threats and barriers that looked like an insurmountable challenge in the cities were no longer impossible to overcome in the countryside. QUESTION 2 Every business has to adopt a business strategy, seen by many authors as the Paradox of Markets and Resources. The strategic management process means defining the organizations strategy. Managers have to make choices and set up strategies for the company that will enable it to achieve better performance. It is also sometimes referred to as a Business Model. Porters theory The Outside-In Perspectives key features are the positioning activities and the Value Chain, which will define a strategy through different business choices. This model is supported by the key protagonist Michael Porter (1996). Porters Generic Strategies  Model According to the chart above, we can identify Wal-Marts positioning strategy. Wal-Marts main strategy is characterized by its low cost policy, accessible to anyone. It can then be put in the cost leadership strategy strategy. However, with particular attentions for its customers (more than its direct competitors), Wal-Mart also plays a differentiation strategy, and delivers an excellent customer service. With the analysis of Wal-Marts value chain given above, a description of its key value drivers can be done. Every companys activities mapped in the value chain can be a possible source of competitive advantage but its the way they are cheaply performed and combined that will create competitive advantage and value for customer. In 1985, Porter suggested the value chain, which regroups functions into support and primary activities. The value chain is divided into 5 primary activities and 4 support activities. These activities can be linked and connected to the value chain to determine some factors of a competitive position and show how these activities add value to the consumer. Wal-Mart: the Value Chain According to the Wal-Mart value chain, two main support activities show that Wal-Mart uses a differentiation strategy through its human resource management and its technology development. The use of the technology is coupled with the inbounds logistics activity and the operations. Indeed, Wal-art was a pioneer in applying information and communications technology to support decision making and promote efficiency and customer responsiveness. (Zarbo, 1998) In the early 1980s, Wal-Mart invested over half a billion dollars to boost its computer and satellite network systems. They added barcode systems, scanners and other near-real-time technology to link cash registers in every store into one unified link. From the instant a sales transaction takes place, data simultaneously flows back and forth from stores world-wide to Wal-Marts distribution centres, its headquarters in Bentonville, and to Wal-Marts suppliers in a continuous, informative loop. In addition to offering Wal-Mart an environment that monitors and shares its current inventory trends with external vendors, this technology, through a sophisticated network which bridges individual stores, identifies the most efficient way to manage the distribution of its products internally. Moreover, a good example of Sam Waltons early understanding of the importance of technology is its current development and use of an automated distribution system known as the Retail Link. This system shares sales information with Wal-Mart suppliers to ensure that customers always find the shelves well stocked at their local Wal-Mart store. Retail Link allows Wal-Mart suppliers to dial-up and retrieve the history of important sales data from the last 56-weeks worth of sales. Over 4,000 of Wal-Marts suppliers access this service averaging approximately 10,000 queries a day (Zarbo, 1998). The large database of purchasing information enables Wal-Mart to set the right item at the correct price and in the right store. Concerning the human resources management at Wal-Mart, it is considered as very efficient. Sam Walton calls his employees his associates. They are an important part of the Wal-Mart family. The relationships between Wal-Mart and his associates are based on respect, high expectations, autonomy, close communication and clear profit incentives. Through its superior management and communication, Wal-Mart created an advantage. The Marketing and Sales activity is also a crucial point for the company. Wal-Mart has been founded on Sam Waltons belief that: There is only one boss: the customer. Indeed, the basic principle of Wal-Mart was to cut prices, and was thus well below its competitors, enhanced by its slogan Everyday Low Prices. This confirms the companys low cost strategy. In summary, the key value drivers of Wal-Mart match each other to lower the costs. Every activity is involved in cost reduction and that is why we can say that Wal-Marts value chain is very coherent with its cost leader positioning strategy and customer focused value for money approach. Barneys theory Firms obtain sustained competitive advantage by implementing strategies that exploit their internal strengths, through responding to environmental opportunities, while neutralizing external threats and avoiding internal weaknesses. Barney, 1991 The Resource-Based View (RBV) focus on strategic resources as the determinants of a competitive advantage. Those strategic resources are valuable because they allow to achieve superior performance (e.g. accumulated knowledge, or resources impossible to replicate). Grant, the key protagonist of the RBV theory focuses on resources, organisational features and capabilities. In the model, resources must be rare, valuable, inimitable and unsubstituable. Although, intangible resources can create the most competitive advantage, as they are harder to copy by competitors. The chart above reviews Wal-Marts tangible and intangible resources. The firm possess many intangible resources, which made its model hard to copy for competitors. So according to the RBV, Wal-Mart has some real competitive advantages here. QUESTION 3 Tetra-threat framework The Tetra Threat Model was first proposed by Ghemawat (2008). This model helps to determine the level of each threat category, in order to try to reduce their impact. This model can be used to identify what are the threats against Wal-Mart competitive advantage, and how it can sustain itself among the other discount retailers. Threat of Imitation Wal-Mart set up large barriers to overcome it: Scale economies: efficient hub-and-spoke distribution system; high volume purchases, strong dealing power with suppliers; national and regional economies of scale. Learning/private information: a significant effort has been made in understanding the operation of the discount retail industry. Wal-Mart has the right know-how to improve its logistics, reduce storage space, and incentive its people to work efficiently. Switching cost/relationship: due to its pricing policy and experience, Wal-Mart is able to offer inexpensive products to its customer (low switching costs). They also possess strong relationships and sustainable contracts with their suppliers (bargain power due to Wal-Marts size and partnership through data sharing and communication networks). Threat of retaliation: Wal-Mart has a strong reputation of fierceness. The local managers ability to adapt their prices to the local competition is a strong advantage to always have the lowest prices on the market. Time lags, upgrading and strategic complexity: the Wal-Mart business has been built upon the years, and accumulated years of knowledge and experience. Thus, they now own a very complex logistics and technologic system, and upgrade it constantly. To summarize, the imitation threat is not a real danger to Wal-Mart. It has raised many insurmountable barriers for its competitors to overcome. They do not have the sufficient knowledge to do it, or it will take them so much time, that by the time they catch up with their goal, Wal-Mart will already be way ahead of them in terms of innovation and technology. Wal-Mart has here a real sustainable advantage. Threat of substitution Substitution reduces the demand for what a firm uniquely provides by shifting the demand elsewhere. It is the most difficult threat to predict. However, Wal-Mart has developed many strategies to overcome that threat. The chain best answer to the substitution threat has been to own numerous substitutes on the discount retailing industry, such as warehouse clubs, supercenters and neighbourhood markets. Its mobility across format is a successful alternative against substitution threat. However, Wal-Mart has demonstrated being very good at scanning the landscape broadly and understanding underlying customer needs. It has continually been studying the competition in order to be responsive in fighting the upcoming threat. Finally, thanks to its low cost competitive advantage, Wal-Marts cheap prices restrain many competitors to enter a fight with the discount retailer giant. Threat of Holdup Holdup refers to customers, suppliers, complementary organizations, or other industry participants capturing value created by the focal company through the exercise of bargaining power. Concerning this threat related to Wal-Mart, two aspects can be distinguished: suppliers and employees. First, Wal-Mart has a total control over its suppliers, even the largest ones (e.g. Procter Gamble), in order to restrain their hold it up value. However, the holdup can be found the other way around: Wal-Mart ask its suppliers to closely integrate into their system and requirements. The requirements that Wal-Mart imposes on its suppliers extends well beyond low prices. Increasingly, the chain has involved itself in its suppliers employment policy (workplace safety, working hoursâ‚ ¬Ã‚ ¦), making Wal-Mart possibly pose a threat of holdup to them. Nonetheless, labor holdup can be considered as a real issue. With a weak percentage of union penetration, employees abuse (low wages, unpaid overtime, discrimination) are widespread. As a result, it depicts a negative image of the company, as well as employee demotivation and turnover. Wal-Mart should take into consideration this aspect to avoid a labor holdup. Threat of Slack Slack tend to dissipate value within the firm, and is not easy to identify. It regroups all form of inefficiency. However, this is not a big threat to Wal-Mart. In fact, there is a high organizational effectiveness within the human resource management. The relationships with the associates is based on respect, high expectations, close communication and clear incentives. Everything is done to motivate the staff and increase their loyalty to the firm. Finally, according to Casadesus-Masanell and Ricart (2007), protection against slack comes from the right mix of incentives and monitoring. As it is drawn in this analyse, Wal-Mart has develop strong responses to threats from imitation, substitution, holdup and slack, setting mechanism which allowed Wal-Mart to sustain its competitive advantage. QUESTION 4 The Dunnings Eclectic Paradigm (1981) of Foreign Direct Investment (also known as the OLI-Model) sets up 3 conditions that a company has to meet in order to engage in foreign operations: Ownership advantages, Location/Country-specific advantages and Internalization advantages. This theory will be used to contrast Wal-Marts entry into the German market in 1997 and into the UK market in 1999, in the following table. Wal-Marts entry into German market UK market Acquisitions (1997 and 1998): 21 stores Wertkauf ($1.04 billion) 74 hypermarkets Interspar (‚ ¬560 million) Both were renamed Wal-Mart stores. Acquisitions (1999): 219 outlets Asda ( £6.7 billion) Kept its name. Ownership Advantages Wal-Mart owns several intangible assets, which will allow it to overcome the costs of expanding abroad. These intangible core competencies are: Dominant clothing/textile and food retailer on the US market Every week, around 100 million shoppers frequent its stores Its 2003 turnover is 3 times bigger than Carrefours, the worlds no. 2 retailer (Knorr and Arndt, 2003) Internationalization experience: more than 1100 outfits abroad, which leads to considerable experience and management learning from a portfolio of stores in diverse markets Wal-Marts Retail Link-system (backbone of its sophisticated inventory management and logistics infrastructure) Operating the worlds biggest private satellite communications system (to track sales, to replenish inventories, to process payments in real-time) Wal-Marts retail proposition of everyday low prices, good customer service, wide assortment and community values High customer service levels, strong organizational culture, efficient logistics operations Location Advantages Location advantages are the factors in a foreign country that lead the company to make profits on its FSAs. Germany accounts for around 15% of Europes $2 trillion-a-year retail market German GNP: ‚ ¬2 trillion 80 million customers: biggest national retail market in Europe Germany is meant to be its bridgehead into Europe After its acquisition, Wal-Mart became the countrys fourth biggest operator of hypermarkets (Knorr and Arndt, 200) Politically stable country Economically powerful with big family incomes Very similar culture and social laws between UK and the US Internalization Advantages A firm possessing an advantage can either use the advantage itself (internalize it) or lease the advantage to other firms. The FDI decision depends on which option presents the best net return. Internalization also allows avoiding transactional costs. Internalization is the option chosen by Wal-Mart in many countries: Closer control by the Wal-Mart management (full control strategy) Economies of scale Sharing of the organizations knowledge and management capabilities to the new business According to the OLI-Model, implementing Wal-Mart stores in those two countries could really help the US firm to set a foot in Europe. Wal-Marts goal is to be the number one in every market in which it operates. Its international retail model equates to the aggressively industrial model. However, despite a bright success in the UK, the German venture has been unprofitable, and led it to exit the country in July 2006. What are the reasons for Wal-Marts failure and success? The reasons for Wal-Marts: Failure in Germany Success in the UK Acquisition of the wrong German companies Acquisition of the adequate UK company First, the German acquisitions have been very costly for Wal-Mart. The German market in renowned for its minimal profit margins and price-led strong domestic competition. Wal-Mart entered Germany at a time when the grocery market was saturated. At the time, Aldi was its major competitor, already holding a strong share of the discount retail segment. Wal-Mart now possessed 2 small disparate retail chains with different organizational structures and a heterogeneous portfolio of stores (the Wertkauf was a highly centralized family store) (Fernie et al., 2006). As a consequence, Wal-Mart did not have enough impact on the German market. For example, nearly 80% of the population did not have access to a Wal-Mart store (bad geographic penetration). Moreover, the patchy geographical coverage of Wal-Marts meant that its nationwide competitors have been able to adopt a zone pricing policy to compete on price in specific local markets. The weakness of the German economy in those years, coupled with the increased prominence of discounters, has reinforced this trend and discounters now account for 30% of the German grocery market and have been growing at 5% per year in a static market. Wal-Marts market share of 1.5% is dwarfed by its major competition (Fernie et al., 2006). There is a strong price competition where price leadership is already occupied by discounters. Asda was already a major discount retailer player before the entry of Wal-Mart. In fact, it was the third major grocer in UK in 1999. Wal-Mart acquired a well-established retail chain and Asdas management had already applied Wal-Mart practices to its corporate culture (Fernie et al., 2006). Asdas marketing, operations and organisational culture mirrored that of the US giant (Burt and Sparks, 2000) and was regarded as good strategic fit. Wal-Mart strategy for UK was to build on these similarities. There has been a high degree of stability throughout the chain during the merger, especially at store level, which facilitated the transition. Wal-Marts takeover also increased Asdas supply chain efficiency and improved its stock availability. Government regulations The German market had a strict legal and institutional framework, often ignored by Wal-Mart. German labor regulations are very different from these in the U.S. : obstacle to embrace the Wal-Mart culture. For example: The zoning regulations impose severe restrictions on the construction of large-scale store Restrictive shopping hours regulations: legal maximum of 80 hours/week store opening hours. Sunday and holidays openings are not permitted Fair trading and antitrust laws contain some important restrictions for retailers pricing policies: it forbids merchants to sell goods below cost on a permanent basis (Knorr and Arndt, 2003) In the UK, the Government was concerned about high food prices and that British consumers were being ripped off by retailers. That is why they were in favour of the creation of a more price competitive environment (Fernie et al., 2006). Moreover, the legal and institutional UK surroundings were not as complex and heavy as in Germany. For example, the legal maximum of a store opening hours was 168 hours/week, and was also allowed to open on Sunday and holidays (Knorr and Arndt, 2003). In the UK, Wal-Mart was able to recreate its 24/7 opening format. Inability to understand the German consumer and business culture The closeness of the UK and the US culture Wal-Mart culturally failed in delivering its Everyday low prices or excellent customer service. Indeed, the expectations are very different from a country to another. The German acquisitions were very different in their organizational structure from the Wal-Mart US model. That is why, when Wal-Mart try to impose its new culture (Anglo-Saxon management level), it led to resistance. Operational errors has been made when remodelling stores to look like US stores, which was not customer wanted (Fernie et al., 2006). Thus, Wal-Marts strategy was contradictory and disoriented to German customers. They didnt see Wal-Mart as a low-price store, due to confusing advertisements. Moreover, German notion of customer service is different from that in the U.S. (e.g. German consumers prefer to pack their own bags and pay by cash), because they hold price and value in much higher esteem than service and quality (Knorr and Arndt, 2003). The British culture was very similar to the American one, and that is why the takeover ran more smoothly in the UK. Also, Asda was already working on a Wal-Marts model, so the consumers did not feel any major difference after the Wal-Mart acquisition. For the British customers, price was a key attribute along with convenience; price is the most important factor in the retail offer. And finally, the UK workforce responded positively to the Wal-Mart way, and the integration was very successful, with good employee relationships (Fernie et al., 2006). Conclusion: When Wal-Mart entered the UK, the economic situation was favourable for a low pricing strategy. Wal-Marts entry created a high competitive environment on prices, and the customers responded well to this new form of discount retail. However, Wal-Mart has failed on every point in Germany. It resulted mostly from a cross cultural inconsideration. Wal-Mart has not been able to adapt its business model to a different culture and ignored the basic key principles of internationalization strategies and intercultural management. The firm should have tried to understand the German surroundings, the market rules and the consumer habits. Thus, they could have shape their business model, the human resources practices and a proper marketing message to fit that local market. Wal-Marts failure in Germany highlighted its inability to select and implement an adequate entry and business strategy. That is why its inability to understand the German retail market and business culture and the consumer needs led it to a bitter failure.

Killer Angels Essays -- essays research papers

Wars have been fought for many different reasons through the years, and that holds true for the American Civil War (1861-1865). In Michael Shaara’s Pulitzer Prize winning novel, The Killer Angels, the reasons for fighting the war are brought about through the officers and soldiers at a famous battle site of the Civil War, Gettysburg. Gettysburg was one of the most documented battles of the whole war. It took place over a span of three days and can be viewed as a turning point from Confederate prominence to Confederate demise. The Union and the Confederacy each had their own views as to why they were fighting the war. The propaganda pitch the Union gave was they were fighting to free the slaves. This was not true! It was said Southerners were fighting to preserve slavery. This is also a false statement. In fact, there were a substantial amount of generals in the Union army that owned slaves themselves. In addition the constitution protected slavery. If the true issue was to maintain slavery the South would not have seceded. There are many quotes from northern leaders that show clearly that the main purpose of the North was not the eradication of slavery, but subjugation of the southern people. Slavery was used to rally the northern population behind Abraham Lincoln’s war. It was an emotional issue, sure some Yankees joined and fought to â€Å"set men free†, but most were there to preserve the union. An interesting conflict of northern morals is discovered. The North is portrayed as wanting to set black men free, but they practiced economic slavery on the Southern states. The Civil Wa r was really more politically complex with regards to Abraham Lincoln and his Republican Party’s actions. The South fought this war as the Second American Revolution. The Northern states' politicians were aggressively attempting to implement a monarchial form of government, which was precisely what the early colonists had fought against in the American Revolution. The Northern states were taking advantage of their superior numbers in the federal government and were using their advantage to implement unfair tariffs against the South. Enormous amounts of money were taken from the South and funneled into the northern states. Most of the revenue taken from the Southern states was used to run government programs. This brought about the argument of â€Å"State’s Rights† and a weaker central gov... ...the reason why they fought. The citizen soldiers who fought for the Confederacy personified the best qualities of America. The preservation of liberty and freedom was the greatest motivating factor in the South’s decision to fight for independence. They resigned their bond to a government that they found increasingly abusing the constitution and the rights of the states for self-determination. The tenacity with which Confederate soldiers fought underscored their belief in the rights guaranteed by the constitution. These attributes are the underpinning of our democratic society and represent the foundation on which this nation was originally built. They did not seek to destroy the federal government, they chose to withdraw and form their own government that was to be truer to the original constitution. Basically Northerners fought to preserve the Union and Southerners fought for their rights as a separate nation. The Union was victorious in the American Civil War, but feelings of the Federal Government no t fulfilling its duties under the Constitution are still alive today. Wars will always be fought for different causes and that will always hold true with the wars of the future.

Financial Analysis of Competition Bikes Essay

Financial Analysis of Competition Bikes Introduction   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In financial analysis a complete assessment of a business organization covering competitiveness, profitability, liquidity and stability concerns. Financial analysis of a business is undertaken by reviewing the business’ financial statements. Summarized financial statement reports are frequently presented to executives and top managers for setting up business goals as well as making decisions. Analysis of the financial statements of Competition Bikes demand evaluation of the internal operation focusing on vertical, horizontal, ratio and trend analyses and the working capital. These evaluations communicate profit margins enabling projection of budgets and restraining sales and costs potential. Annual comparison of production performance subject to profit versus overhead helps in forecasting of budgets for production ingredients on a monthly basis (Shim, J. and Siegel, J. 2009). Competition Bikes Horizontal Analysis   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   This is the examination of percentage changes in comparative statements of a business. In this case, it is the evaluation of Competition Bike’s comparative statements between the year 6 and 7 as well as 7 and 8. The horizontal analysis chart helps in indicating the value of accounts payable differential in year 6 and 7 as well as year 7 and year 8. The company’s net sales soared up by 33.3% between year 6 and 7 at $1,495,000. However, net sales differential between year 7 and 8 was a negative implying that sales decreased by 15% at $897,000. Therefore, it is essential that Competition Bikes increases annual sales to reap higher profits. The value of gross profit registered was a negative figure of $266,600 equivalent to 16.3% decrease. Interestingly, the company registered a 37.5% gross profits increase between year 6 and 7 at $447,000.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The time period between purchasing of raw materials, manufacturing and distribution of goods is referred to as the operating cycle. The net period in collection of receipts from payments and sales is the cash conversion cycle for the different ingredients consumed and produced by Competition Bikes. The company witnessed a decrease in the operating cycle between years 6 and 7 from 50.52 to 48.00 days. This is explained by the increased growth of sales relative to the inventories growth rate. The cash conversion period between year 6 and 8 was relatively negative. This is because Competition Bikes Inc has a high liquidity owing to the short receivables period supplemented by a lengthy payable deferral period. It is indicative of the efficient management of the company’s resources.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The aggregate of administrative and general expenses between year 6 and 7 increased at $156,440 equivalent to 20.4% increase. However, the increase between year 7 and 8 was significantly lower at $11,004 equivalent to 1.2% increase. Still, Competition Bikes Inc operating income between year 6 and 7 increased at $191,820 equivalent to 154.6% increase. However, this parameter decreased at $318,392 equivalent to 61.9% decrease. Higher profits were registered between year 6 and 7 relative to year 7 and 8 which registered a dcrease in profits.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In addition, the company’s cash account differential between 6 and 7 was a decrease of $142,451 equivalent to 54.6%. However, this differential increased between year 7 and 8 at $326,475 equivalent to 275.4%. The net liabilities difference between year 6 and 7 was $128,620 equal to 1.2% increase. According to horizontal analysis, the total liabilities differential from year 6 to 8 was a decrease at $35,500 or 1.9% (Brigham, E. and Houston, J. 2007).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Still, Competition Bike’s common equity differential between year 6 and 7 was a 2.9% increase equating to $119,914 increase. Horizontal analysis of the same parameter indicates a fall between year 7 and 8 equal to $2,400 or 0.1% decrease. Since year 7 and 8 registered a lesser loss comparative to the gain between years 6 and 7, Competition Bikes Inc. broke even in the former years from the aggregate of year 6 and year 7. Competition Bikes Inc Vertical Analysis   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In vertical analysis, an exploration of a company’s statement of financial position is considered to validate each element comparative to the total assets as a percentage. For the income statement, vertical analysis involves exploration of the various variables subject to total sales. This analysis helps in evaluation of the financial performance of Competition Bikes Inc with time. The tabulation below indicates the Vertical Analysis of the Competition Bikes Inc’s Balance Sheet Account elements Year 6 Total assets ($4,199,303) Year 7 Total assets ($4,319,217) Year 8 Total assets ($4,316,817) Notes and accounts Payable 1.6% 4.5% 6.1% Accrued Salaries and other expenses 0.4% 0.3% 0.3% Accrued Expenses 0.5% 0.6% 0.6% Mortgage 42.9% 39.4% 37.1% Long term Liabilities 2.1% 2.0% 1.9% Stockholders Equity 52.5% 53.3% 54.1%   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Competition Bikes Inc Vertical Analysis assesses the liabilities, equities and assets of the company. Overall, the operating expenses fluctuated in little figures indicate a strong internal control policy. Therefore, there was little depreciation on the company subject to the operating sales versus costs. The proportion of liabilities decreased over the three years indicating an improved ability in Competition Bikes Inc to settle debts. The proportion of common equity relative to debts increased over the period signifying a growth in the net capital of the company. Competition Bikes Trend Analysis   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   This is the evaluation of the financial performance of a business over time. Firstly, Competition Bikes Inc balance sheet figures increased tremendously between years 6 and 8. This signifies growth and expansion trend in Competition Bikes. On average, the company grew at 3.3% which is a sustainable growth rate. Over the three years, the sales dropped significantly and especially between year 7 and 8. Nonetheless, the profit margin was relatively strong due to little fluctuations in overhead costs such as materials, productions costs and carrier fees. Therefore, it is potentially possible that the future sales in years 9, 10 and 11 high provided the company maintains the current growth and expansion rate.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Based on trend analysis, it is anticipated that the company’s sales in future will remain strong. This inspires the shareholder to invest more in the company over the next three years. Profits are anticipated to increase at 103.2%, 107.6% and 111.8% over the next three years respectively. In additional, further prodding of the company’s financial statements indicates a declining rate in sales growth rate. For instance, the company sales increase at 8.65% between year 6 and 7 as well as 9.85% between year 7 and year 8. Nonetheless, the significantly small sales growth rate is associative to higher boost in net income which rose by 12.82% and 14.46% in year 7 and 8 respectively. Competition Bikes Ratio Analysis   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   It is the determination of the past years financial performance relative to other companies ratios, trends as well as those of the company/business under review. These ratios include liquidity, profitability and efficiency ratios.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Liquidity ratios extracted from the statement of financial position determine the ability of the business to pay its debts at and as when they fall due. The fractions are significantly important in computation of the business ability to meet its short term and long term financial obligations and goals. Quick ratio is computed by dividing quick assets by current liabilities. The company registered a low quick ration of 3.11% and 3.21% for years 8 and 7 respectively. This is because as a motor bike retailer, the company must hold high levels of inventory meaning that most of the working capital ends up tied. Considering that the company enjoys a small inventory turnover ratio, this is not a worrying level.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Efficiency ratios include the inventory turnover ratio and the average collection period. The former is obtained by dividing total sales by total inventory. This ratio indicates the efficiency and the rapidity with which the company manages to sell its bikes. In year 7 and 8, the company’s inventory turnover fell from 46.7 to 45.9 indicating decrease strength in paying off debts. The latter ratio is the anticipated period of cashing owed receivables from clients. Competition Bikes Inc current average collection period is 102.6 days. It is not an ideal duration because it implies delayed conversion of receivables into cash for clearing debts and expenses.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Profitability ratios include return on assets and gross profit margin. The former ratio assesses the aptitude of Competition Bikes to raise revenue from its assets. The company’s return on asset parameter in year 7 and 8 was 4.52 and 4.25 respectively. The gross profit margin at the same period was 27.4% and 27% respectively. However, this was a 4.7% drop from the previous 5.3%. The fall in profits translates to poor operations and hence the need to evaluate the company’s strategies. Competition Bikes Working Capital   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   This is the difference between the current assets and the current liabilities. It is important to a business because it determines the available resources for increasing production, hiring additional staff, merging and buying out other companies as well as investing in expansion projects. The company had a working capital of $2,123,000 and $1,768,000 in year 7 and 6 respectively. The increased values in working capital indicate an advanced working capital over the three years. Internal Control Strengths and Weaknesses   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   These are predominant in the accounts departments. The company has adequate resources to finance its operations now and into the future. This is because all activities are adequately covered financially. Besides, the company boasts a readily available clientele with a potential to attract additional clients. The company maintains a check and balance system to control sales, purchase and cash management translates to a strong internal control system.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Corrective action in weaknesses lists changes to be made to enhance completion of targets and achieving of total significance in a business. The operations and management for implementation are executed by the management to ensure resolution of identified weaknesses. When the firms adopts a tracking system, execution of identified strategies top resolve the deficiencies is easily executed. Corrective actions were installed to improve production and purchasing deficiencies. This is to help in constant inquiry as well as cooperation among various departments in the business. Risks   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Businesses face constant risks and threats and therefore, it is important to identify, address and mitigate the risks. Competition Bikes is susceptible to numerous risks such as increased competition resonating to low profit margins. Therefore, the company must strategize on maintaining and attracting additional clients. Still, the internal controls are a threat to the company. Impromptu competition between purchasing unit and the accounting department may result to delay in payment of invoices. Proper communication lines must be set within the company to address broken communication. Compliance   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Competition Bikes Inc compliance with Sarbanes-Oxley is indicative of the stringent monitoring controls that the company has installed for internal auditing purposes. This assures stakeholders of the efficient management of the company as well as in compliance with different regulatory framework. Compliance entails provision of an admirable working framework such as motivation of employees, retention of skilled labor and recycling of products. Recommendation   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Considering the past performance of the company, it is recommended that the firm must maintain a sound internal control system. This will report deficiencies such as weaknesses in financial reporting. It will help in securing a lock tight financial recording and documentation. Closer monitoring and evaluation of the excess raw materials and manufacturing surpluses will be maintained in reasonable amounts reducing overspending and potential theft. References Bateman, T. S., & Snell, S. (2013). M: Management. New York, NY.: McGraw-Hill Companies. Internal Control Systems. (2011, July 4). Committee of Sponsoring Organizations of the Tread way Commission (COSO). Retrieved December 12, 2013, from http://www.coso.org/documents/COSO_ERM_ExecutiveSummary.pdf.Kieso, D. E., & Weygandt, J. J. (2012). Intermediate accounting (9th ed.). New York: Wiley. Shim, J. K., & Siegel, J. G. (2012). Schaum’s outline of financial management (2nd ed.). New York: McGraw-Hill. Source document

Free Essays on The McLibel Trial

In the mid 1980’s the small activist group London Greenpeace began a campaign against McDonalds, the main allegations said to be the feeling that McDonalds embodies everything wrong with the prevailing corporate mentality. In 1985 London Greenpeace organized the â€Å"International Day of Action Against McDonalds†, which is still held annually in Britain. The following year the organization began to distribute leaflets titled â€Å"What is wrong with McDonalds? – Everything they don’t want you to know.† In retaliation to this, McDonalds hired several private investigators to infiltrate the organization and provide names of the people heading this campaign. The investigators provided the names of five individuals who were mainly responsible for the slander of McDonalds. In 1990 McDonalds served libel writs against the five, offering them two options; either retract the statements made in the leaflet and apologize, or go on to court. Three of the five apologized, knowing what they were up against, but three, Helen Steel and Dave Morris, refused and said they would go to court. Steel and Morris would be representing themselves, while McDonalds hired Richard Rampton, along with a very extensive legal team to represent the conglomerate. In 1993 Rampton applied to have the trial heard by only a judge, stating that ordinary citizens would not be able to comprehend the complicated issues that McDonalds proposed to use as evidence. The judge agreed and decided the trial could be held without a jury. Steel and Morris now set out to prove that the statements in their leaflet were true, therefore they could not be construed as libelous. Under British law a libel case must be decided on the information provide by witness’s and documentary proof, so the defense had to round up their witness’s. On June 28, 1994 the libel trial was finally started in the Royal Courts of Justice, London, presided over by Mr. Justice Bell. McDonald... Free Essays on The McLibel Trial Free Essays on The McLibel Trial In the mid 1980’s the small activist group London Greenpeace began a campaign against McDonalds, the main allegations said to be the feeling that McDonalds embodies everything wrong with the prevailing corporate mentality. In 1985 London Greenpeace organized the â€Å"International Day of Action Against McDonalds†, which is still held annually in Britain. The following year the organization began to distribute leaflets titled â€Å"What is wrong with McDonalds? – Everything they don’t want you to know.† In retaliation to this, McDonalds hired several private investigators to infiltrate the organization and provide names of the people heading this campaign. The investigators provided the names of five individuals who were mainly responsible for the slander of McDonalds. In 1990 McDonalds served libel writs against the five, offering them two options; either retract the statements made in the leaflet and apologize, or go on to court. Three of the five apologized, knowing what they were up against, but three, Helen Steel and Dave Morris, refused and said they would go to court. Steel and Morris would be representing themselves, while McDonalds hired Richard Rampton, along with a very extensive legal team to represent the conglomerate. In 1993 Rampton applied to have the trial heard by only a judge, stating that ordinary citizens would not be able to comprehend the complicated issues that McDonalds proposed to use as evidence. The judge agreed and decided the trial could be held without a jury. Steel and Morris now set out to prove that the statements in their leaflet were true, therefore they could not be construed as libelous. Under British law a libel case must be decided on the information provide by witness’s and documentary proof, so the defense had to round up their witness’s. On June 28, 1994 the libel trial was finally started in the Royal Courts of Justice, London, presided over by Mr. Justice Bell. McDonald...

Essay Sample on Divorce and Marriage

Essay Sample on Divorce and Marriage Marriage is a social institution recognized by custom and law. It is a relation that exists between one or more men to one or more women. Custom or law gives recognitions of the duties and rights of the parties involved in such an institution. The union may result to children being born in it. In general, the societal expectation is one where there is sexual gratification between a husband and wife. There are legal issues that may arise as a result of adultery, which may force one partner to dissolve the marriage. This relation is at some point regarded as an economic institution in which a husband is fully responsible for the needs of the wife and children. With the current women empowerment in the society they are also able to provide for their families. A father has a general control and power over his family but for the children his powers are for a limited time. This comes as a result of the need for children to practice decision making and show responsibility especially at adul thood. Marriage is in accordance to the laid down custom or law and the consent of each parties involved must be considered. Parents for example may ask for a bride price and after this is settled a marriage takes place. These are important steps especially where the conditions stipulated by custom or by law are complied with. The origin of marriage is seen to be a habitual practice from the medieval period. A man and woman would live together, have sexual relations and from this union children would come forth. The father would play their role as a protector and supporter of his family while his wife nurses and cares for the family. As time passed it was accepted by custom and by law and it became legal social institution. Marriage is therefore seen to be an intimate relationship which the society, the government and religion recognizes. Marriage has many forms but the major one constitutes a man and a woman. Marriage is the basis of a family unit in which procreation takes place. Through a marriage setup children can grown, be protected and shown love through provision of food, shelter, clothing, education among others. There are a variety of intentions that one has in mind while planning to enter into marriage. Some of the major reasons may include need for legal stability, social and/or economic stability. Through marriage, there is a provider, protector and the union is legally bound. Marriage can be witnessed in a wedding celebration and this marks the beginning of individual obligation to each other and to the society at large. There have been changes in the understanding and approach of marriage from the older days. In the United States marriage for example was a consideration of status as well as an oversight on the future economic stability and prosperity of the person. It was therefore an economic arrangement in which one would choose their potential spouse and so they would plan to marry. Marriage ceremonies between same sexes were done in the 5th-14th centuries by the Roman Catholic Church. Many issues about marriage caught the interest of many leaders and Pope Alexander II in 1975, prohibited marriages between couples who were closely related and especially with no more than 6 cousins related to a person. In the 16th century, only with the permission of local political authorities, servants and day laborers would be free to marry in Bavaria and Austria. In1921 this order was fully abolished. Public wife selling was witnessed in the 1960s-1870s where a divorced wife was tied with a rope around her neck and sold in public. Until 1686, marriage was rather a civil ceremony for the puritans in Massachusetts Bay. In the British colonies, there was no penalty given for interracial marriages until 1662 when Virginia doubled fornication fines for interracial couples. Maryland banned interracial marriages in 1664 and subsequently, in 1750 interracial marriages had been outlawed in all southern colonies. Married women, until mid 19th century, had no legal standing under the English common law in all American states. It was until 1848 that women had the right to own property while married, through the Married Women Act. At the age of 10 years, consent for sexual intercourse was allowed in most American states while in Delaware it was at the age of 7 years only. With parental consent young boys of 14 and girls of 12 would marry, as late as 1930. In 1940, married women could not make legal contract in twelve states. Anti-Miscegenation laws were declared unconstitutional in Virginia and other states such as Alabama, Florida, Mississippi, Oklahoma, and Texas among others. Fourteen states had in the fifteen years prior to the decision, repealed their anti miscegenation laws. This included Arizona, Colorado, Maryland, Nevada, and Oregon among others. Ten states had by 1990, outlawed rape in marriage. This was after New York outlawed rape in marriage in 1978. Rape in marriage was seen as a crime in thirty-six states and this was only in certain circumstances. It was surprising that in four states, rape in marriage was never a crime. Marriage has had lots of controversies but the initial union in the religious world was the social union that benefited the society. It is seen as the union of one man and one woman blessed and united by a religious leader as seen in Christianity, Judaism, Islam, Buddhists and Hindu. The privileges enjoyed in marriages are of benefit while particular concerns were raised on homosexual couples. The commitment of traditional couples which constituted a man and woman could be seen as that of same-sex couples and so they have continued to fight for their rights and the legalization of their marriage. The sacred value of marriage should not be changed despite the fact that advocates are aggressive on the issue that it should be redefined to suit gay marriage. When the Massachusetts Supreme Judicial Court made a ruling in 2004, and said that civil union was not enough, this raised national debate. A number of people wanted the definition of one man-to- one woman to stand and others wanted it to separate same-sex institutions, with others against it. In 2004, California and New York mayors were authorizing same sex marriages while defying law and these marriages were said not to be legally binding. (Nancy 2001) In 1619, Virginia enacted a law in which if a bond married a Negro, Mulatto or Indian, they would be banished in the woods so that they are cast out of the colony. Later on, in 1724, there was introduction Louisiana after the slaves were freed. Laws that were known as black codes were used to control and even forbid marriages constituted by slaves while the slave master was not consented. In 1769, the English common law showed that husband and wife were one. A constitution was written in 1787 and was adopted the following year. It was effective in 1789 and replaced the articles of federation, which was the government document of the USA. It remains to be the basic law of central government. In 1839, Mississippi granted the women a right to hold, with their respective husband’s permission, property in their own name. This saw many states legalizing this grant to women so that they would have control over property and earnings. This was in 1900. In the Missouri vs. Celia case of 1855, the case was used to show that enslaved women had no right or legal recourse if they were raped by their masters. This meant that black women had no right to defend themselves after an act of rape by the master. When the Mississippi black code was passed, it was an attempt to control slaves and ensure social inequality. This prohibited blacks, in 1865, from marrying whites and in this case, it was punishable as was seen through life imprisonment. More was to come and in the United States, an immigration act of 1917 banned immigration of Asians and those with abnormal sexual instincts and until 1990, lesbians and gay immigrants were excluded from coming into the United States. (Nancy 2001) In a case of New York v. Sanger, doctors would advice married couples on use of birth control pills for health purposes. The law was still enforced but was overturned in 1965 on all state laws that prohibited the use of contraceptives. In 1948, in Perez v Sharp case, there was a ban on interracial marriage in the California Supreme Court. This was the first state high court to declare it unconstitutional but later on in 1967; the U.S Supreme Court declared that there was freedom to marry allowing for interracial marriages on all Americans. This was evidenced in the case of Loving v. Virginia. The immigration act in 1965 admitted different races and nationalities and emphasized on family reunification with great concern. The act defined a family to be strictly on hetero sexual and nuclear ties and banned on lesbian and gay deviates. In 1969, California adopted a divorce law that allowed divorce by mutual consent and especially where one party simply wants it. The major challenge in this was that one party can refuse to sign the separation agreement. In 1981, there was an over turn of events when the states laws described a husband as a head and master and having control of property which is jointly owned with his wife. (Nancy 2001) . Articles were published and they advocated for legalization of same-sex couples and this was especially because these authors were gay and wanted to pursue their demand. In 1990, the congress repealed ban on gay and lesbian immigration. Homosexuals were disqualified as foreigners and were not allowed to come in to the United States. It was in 1993 that Hawaii Supreme Court said that the ban on same-sex couples from marrying must be justified and in 1998, it was amended to allow strict marriage to men and women only .In 1994, gays and lesbians sought to be part of the humanitarian law as a social group rather than an immigration group. A Person Responsibility and Work Opportunity Reconciliation Act explicitly promoted marriage and formation of heterosexual families. The federal law supported two parent families and in the same year, 1996, the Defense of Marriage Act defined marriage as exclusively between one man and a woman. It was evident that this act did not recognize same sex marriage at all. In 1998, there was a covenant marriage legislation in which couples promised to stay together for life and that they would denounce the no-default divorce. In the same year, May 1998, Alaska ruled that it was a fundamental right to choose a marital partner. The following year, the Vermont Supreme Court allowed for same-sex marriage to occur and that they have all rights and benefits of marriage but no marriage licenses. A governor in Oklahoma in March 2000 announced a $10 million plan that encouraged marriage than divorce and in 2001 gay and lesbian couples in Massachusetts filed law suits seeking a right to marry. This followed with other New Jersey lesbian and gay couples suing the state court for denial of their right to marry. In 2003, the US Supreme Court struck down the remaining anti-gay sodomy laws which were in Texas and in other states. In 2003-2004, the Federal Marriage Amendment was proposed but was defeated in congress. The amendment ought to have denied marriage rights to same-sex couples by indicating that marriage would only exist between a man and a woman.

World's religions Essay Example | Topics and Well Written Essays - 250 words

World's religions - Essay Example While Christianity uses specific ways that may not necessarily work for everyone. It looks at four paths to the goal. The first one is way to God through love. The strongest emotion that crowds human heart is love. The bhakti-yoga seeks to direct people to God’s love that is in every human heart. Through this, the Indians are able to know the Supreme Being. The same Bhakti principles have been incorporated into Christianity. This path talks about loving God in fact not just claiming to love God (Smith 1-3). The next path to God is through work. This can be explained using the karma yoga. Karma yoga involves achieving perfection in one’s action. Work keeps people occupied. In Christianity, lazy people are often criticized while in Hinduism it states that one does not have to retire work so as to realize God. Realizing God can be done in our everyday activities. The other path is through psychophysical exercises. This is explained by Raja yoga, which is yoga for the mind. It involves claiming the mind to concentrate on one point. Hinduism shows there is a connection between science and God. In conclusion, what the Hinduism tries to bring out is seeking God is not a complex thing. It shows us we can seek God in our day to day activities. It goes ahead to show how we can realize Gods will in all areas. All in all, the same concepts are applied to

Equality and Diversity Essay Example | Topics and Well Written Essays - 1250 words

Equality and Diversity - Essay Example They were attacking more the fact that I was Muslim who looked and dressed differently from them. I shall refer to this incident now and then as I advance in analyzing the concept of racism, more particularly social exclusion. I will mention some two theories of power that could possibly explain my case, where the first one is basically the model against which this paper hinges on, and the other one to explain the ruler-subject set-up and its requirements. The latter one is more political than sociological, however, but it will give insights into social division and how oppression is committed. Basically, this paper will look into racism and limit it to my experience, particularly on same-race racism. I will deal with social exclusion, particularly on the issue of migrant ethnic minorities and the feeling of being looked upon as specimens including matters of dressing. Religion will necessarily be touched especially where Muslims are concerned, and the freedom to study and live where one is allowed to do so. I will then lead to what can be done, mentioning about the general finding of a youth dialogue in a Detroit experiment. Finally I will arrive at proper self-criticism as a resolution to all of these a s a syndrome. Theory of social dominance. Sidanus (in Powell, 2006) forwarded a most logical explanation of power in what obtains in society. Looking at society as a group-based hierarchy, Sidanus mentioned three major divisions that determine power in some ways: age, sex, and grouping. Accordingly, older individuals dominate younger ones; males dominate females; and the more dominant group (in-group) prevails over the subordinate group. Sidanus' theory explained that the third form of division is chiefly expressed by in-group males against out-group males, defined as xenophobia and racism. It is said that for this third division, religion, nationality, ethnicity, and other differences can also serve to mark divisions in society. Accordingly, the reason egalitarianism will never win is because "Whenever the old structures are overthrown, the natural human tendency to draw lines between groups and to establish a societal pecking order kicks into action." (Sidanus. In Powell, 2006). Between xenophobia and racism, according to Stoler (1997), xenophobia is fear of foreigners, while racism, which is more encompassing in meaning, is the belief that built-in biological differences among human races determine whether one's own race is superior over the others and has the right to rule over them. (Dictionary.com, 2006). Racism takes the form of prejudice, discrimination, or subordination, and can be both open and concealed. Individual racism sometimes consists of open acts of individuals resulting in violence or destruction of property. There is also so-called same-race racism where members of one race associate behaviours or appearance of other members of their race as being in relation to another race which is regarded negatively (Stoler, 1997). A form of cultural racism can also be related to this, where members of a racial group are chastised by their members for adopting a culture perceived to be of another race. The incident I had encountered, while I and the two girls could be said to be of same-race [coming from Africa], took a different path. They apparently had expected that since we were in UK, and not Africa, we had to act differently. But