Thursday, August 15, 2019

Pope

The text under analysis â€Å"Doreen Pope† is a type of publicistic writing, feature article. The author M. Loudon managed to make this text informative and entertaining for the reader. The article concentrates on an Interesting theme. The theme of the article is about the role of a teacher in the system of education in GB. The author embodies the theme into incomparable character. The story reveals the image of ideal teacher. M. Loudon convinces us of the importance of the teacher's role for children.This important idea that the author expresses in the process of developing the theme is he message of the story. The theme is organically connected with the message. And M. Loudon places the maln point very appropriately. It has a complex character Is created with the help of interaction of implications and develops further. Sufficient arguments, details and examples support the main idea. â€Å"Miss Pope was an enormous success with the children because she had a genuine affini ty with them.She also had an unpretentious disregard for the formal†. The author uses references effectively and her reasoning sounds very logically and convincing. â€Å"Miss Pope believed that children only learnt self-worth and corporate responslblllty through ecognition of their gifts, however insignificant they might have seemed in scholastic terms: so while she was appreciate of talent and enthusiasm, it was those who were shy. or obstreperous. or who found reading or writing Is difficult, which whom she spent the most time. Such cohesive devices as â€Å"practically, so, also, indeed, Just, however† within the paragraphs and the repetition the main character's name between them catch the reader's attention, give more prominence to the words. Implication is conveyed by different techniques, artistic details, arrangement of plot structure and images. With the help of it the writer achieved her main purpose. M. Loudon Informs the reader about educational system In GB, convinces us of the importance of the role of a teacher. She makes us feel sympathy to the main character and respect her strong personality.M. Loudon reminds us about eternal values and morals In our life. The style of presentation of these ideas Is appealing and appropriate for the situation. â€Å"Practically, no one reading this will have of Miss Pope. Her greatness is no obvious and it has never been documented. † using not very formal style the writer involves us to the situation, Invites to an open dialog, creates ree and trust atmosphere. The author's attitude to the character determines the tone of the story. Tone expresses the relationship between the author and the character.It Is sympathetic, cheerful, and enthusiastic. M. Loudon resorts to emotionally colored words, such as â€Å"cheerful†, â€Å"Jolly†, â€Å"brisk†, â€Å"great†. An extensive Image of the character Is created by similes â€Å"Miss Pope and Sheena as the Madonna and Child in Renaissance Europe† epithets: â€Å"wholesome woman†, â€Å"unobtrusive clothes†, â€Å"sensible shoes†, â€Å"affectionate woman†, â€Å"Insatiable sense of humor†. Metaphors: â€Å"she never lost her cool†, antitheses: â€Å"from sunny hildhood to dark adolescence† Intensifiers, such as: â€Å"completely different tot us†, â€Å"such an aloof dog†.Polysyndeton: â€Å"she had an insatiable sense of humor and a nuge, rotund laugn, ana sne never Tallea to reward even tne dullest anecdote. † I use of low-colloquial words intensifies the contrast; make a parallel between primary and secondary school: â€Å"fuck off, posh bitch† The writer applies contrast, parallel structure, framing to visualize the article. The use of these means produces a humorous effect and testifies to the inventiveness and wit of the author. The title of the article catches our attention, gives prominence o the main c haracter due to capitalization.The title is the name of the character that emphasizes its importance in the article, defines sympathetic feelings of the author, and arouses reader's interest to it. The article raises important and interesting themes. It forces us to be involved in the problem of the role of a teacher. Teacher is a guide, is an inspirer, is a monitor, is a friend, is a second mother, and is a mentor, who teaches simple, but timeless and good values. And M. Loudon was succeeded in paying tribute to an inspirational teacher and created a hymn to a teacher.

Wednesday, August 14, 2019

Harding Plastic Molding Company

On January 11, 1975, the finance committee of Harding Plastic Molding Company (HPMC) met to consider eight capital budgeting projects. Present at the meeting were Robert L. Harding, President and founder, Susan Jorgensen, comptroller, and Chris Woelk, head of research & development. Over the past five years this committee has met every month to consider and make final judgment on all proposed capital outlays brought up for review during the period. Harding Plastic Molding Company was founded in 1954 by Robert L. Harding to produce plastic parts and molding for the Detroit automakers.For the first 10 years of operations, HPMC worked solely as a subcontractor for the automakers, but since then has made strong efforts to diversify in an attempt to avoid the cyclical problems faced by the auto industry. By 1970 this diversification attempt had led HPMC into the production of over 1000 different items, including kitchen utensils, camera housings, phonographic and recording equipment. It a lso led to an increase in sales of 500 percent during 1964 to 1974 prod. As this dramatic increase in sales was paralleled by a corresponding increase in production volume, HPMC was forced, in late 1973, to expand production facilities.This plant and equipment expansion involved capital expenditure of approximately Rs. 10. 5 million and resulted in an increase of production capacity of about 40 percent. Because of this increased production capacity, HPMC has made a concerted effort to attract new business, and consequently, has recently entered into contracts with a large toy firm and a major discount department store chain. While non-automotive related business has grown significantly, it still only represents 32 percent of HPMC’s overall business.Thus, HPMC has continued to solicit non-automotive business, and as a result of this effort and its internal research and development, the firm has four sets of mutually exclusive projects to consider at this month’s finance committee meeting. Over the past 10 years, HPMC’s capital budgeting approach has evolved into a somewhat elaborate procedure in which new proposals are categorized into three areas – profit, research and development and safety. Projects falling into the profit or research and development area are evaluated by using present value techniques.Assuming a 10% opportunity cost, those falling into the safety classification are evaluated in a more subjective framework. Although research and development projects have to receive favorable results from the present value criteria, there is also a total dollar limit assigned to projects of this category, typically running about Rs. 750,000 per year. This limitation was imposed by Harding primarily because of the limited availability of quality researchers in the plastics industry. Harding felt that if more funds than this were allocated, â€Å"We simply couldn’t find the manpower to administer them properly†.The bene fits derived from safety projects, on the other hand, are not in terms of cash flows; hence, present value methods are not used at all in the evaluation. The subjective approach used to evaluate safety projects is a result of the pragmatically difficult task of quantifying the benefits from these projects into dollar terms. Thus, these projects are subjectively evaluated by a management worker committee with a limited budget. All eight projects to be evaluated in January are classified as profit projects. The first set of projects listed on the meeting’s agenda for examination involves the utilization of HPMC’s precision equipment.Project A calls for the production of vacuum containers for thermos bottles produced for large discount hardware chain. The containers would be manufactured in five different size and colour combination. This project would be carried out over a three-year period, for the sales. Project B involves the manufacture of inexpensive photographic eq uipment for a national photography outlet. Although HPMC currently has excess plant capacity, both of these projects would utilize precision equipment of which the excess capacity is limited.Thus adopting either project would tie up all precision facilities. In addition, the purchase of new equipment would be both prohibitively expensive and involve a time delay of approximately two years. Thus making these projects mutually exclusive. (The cash flows associated with these two projects are given in exhibit-1) Exhibit 1: CASH FLOWS |Year |Project-A |Project-B | |0 |-75,000 |-75,000 | |1 |10,000 |43,000 | |2 |30,000 |43,000 | |3 |100,000 |43,000 | |Year |Project-C |Project-D | |0 | -8,000 |-20,000 | |1 |11,000 | 25,000 | Exhibit 2: Cash FlowsThe second set of projects involves renting, computer facilities, over a one-year period to aid in customer billing and perhaps inventory control. Project C entails the evaluation of a customer billing system proposed by Advanced Computer Corporat ion. Under this system, all of the bookkeeping and billing presently being done by HPMC’s accounting dept. would now be done by Advanced. In addition to saving cost involved in book keeping, Advanced would provide a more efficient billing system and do a credit analysis of delinquent customers, which would be used in the future for in-depth credit analysis.Project D is proposed by International Computer Corporation and includes a billing system similar to that offered by Advanced, and, in addition, an inventory control system that will keep track of all raw materials and parts in stock and reorder when necessary, thereby reducing the likelihood of material stock outs, which has become more and more frequent over the past three years. (The cash flows for these projects are given in exhibit-2).Exhibit 3: Cash Flows |Year |Projects-E |Project-F | |0 |-30,000 |-271,500 | |1 |210,000 |100,000 | |2 | |100,000 | |3 | |100,000 | |4 | |100,000 | |5 | |100,000 | |6 | |100,000 | |7 | |1 00,000 | 8 | |100,000 | |9 | |100,000 | |10 | |100,000 | The third decision that faces the financial directors of HPMC involves a newly developed and patented process for molding hard plastics. HPMC can either manufacture or market the equipment necessary to mold such plastics or they can sell the patent rights to Polyplastics Incorporated, the world’s largest producers of plastic products. (The cash flows for project E and F are shown in exhibit-3). At present, the process has not been fully tested, and if HPMC is going to market it itself, it will be necessary to compute this testing and begin production of plant facilities immediately.On the other hand, selling these patent rights to Polyplastics would involve only minor testing and refinements, which could be completed within the year. Thus, a decision on the proper course of action is needed immediately. The final set of projects up for consideration revolved around replacement of some of the machinery. HPMC can go in on e of the two directions. Project G suggests the purchase and installation of moderately priced, extremely efficient equipment with an expected life of 5 years; project H advocates the purchase of a similarly priced, although less efficient machine with life expectancy of 10 years.The cash flows for these alternatives are shown in exhibit-4) As the meeting opened, debate immediately centered on the most appropriate method for evaluating all of the projects. Harding suggested that since the projects to be considered were mutually exclusive, perhaps their usual capital budgeting criteria of net present value was inappropriate. He felt that, in examining these projects, perhaps they should be more concerned with relative profitability of some measure of yield.Both Jorgensen and Woelk agreed with Harding’s point of view, with Jorgensen advocating a profitability index approach and Woelk preferring the use of the profitability index would provide a benefit-cost ratio, directly impl ying relative profitability. Thus, they merely need to rank these projects and select those with the highest profitability index. Woelk agreed with Jorgensen’s point of view but suggested that the calculation of an internal rate of return would also give a measure of profitability and perhaps be somewhat easier to interpret.To settle the issue Harding stated that the NPV, PI and IRR approaches would necessarily yield the same ranking order. EXHIBIT-4: Cash Flows |Year |Project-G |Project-H | |0 |-500,000 |-500,000 | |1 |225,000 |150,000 | |2 |225,000 |150,000 | |3 |225,000 |150,000 | |4 |225,000 |150,000 | |5 |225,000 |150,000 | |6 | |150,000 | |7 | |150,000 | |8 | |150,000 | |9 | |150,000 | |10 | |150,000 | From here the discussion turned to an appropriate approach to the problem of differing lives among mutually exclusive projects E and F and projects G and H.Woelk argued that there really was not a problem here at all, that as all of the cash flows from these projects can be determined, any of the discounted cash flows methods of capital budgeting will work well, Jorgensen, on the other hand, argued that although this was true, she felt that some compensation should be made for the fact that the projects being considered did not have equal lives. HARDING PLASTIC MOLDING COMPANY QUESTIONS 1) Was Harding correct in stating that the NPV, PI and IRR necessarily will yield the same ranking order? Under what situations might the NPV, PI, and IRR methods provide different rankings? Why is it possible? ) What are the NPV, PI and IRR for projects A and B? What has caused the ranking conflicts?Should project A or B be chosen? Might your answer change if project B is a typical project in the plastic molding industry? For example, if projects for HPMC generally yield approximately 12 percent is it logical to assume that he IRR for project is of approximately 33 percent is a correct calculation for ranking purposes? (Hint: Examine the reinvestment assumption rate ) 3) What are the NPV, PI and IRR for projects C and D? Should projects C or D be chosen? Does your answer change if these projects are considered under a capital constraint?What return on the marginal Rs. 12,000 not used in project C is necessary to make one indifferent between these projects under a capital rationing situation? 4) What are the NPV, PI and IRR for projects E and F? Are these projects comparable even though they have unequal lives? Why? Which project should be chosen? Assume these projects are not considered under a capital constraint. 5) What are the NPV, PI and IRR for projects G and H? Are these projects comparable even though they have unequal lives? Which project should b e chosen? Assume that these projects are not considered under a capital constraint.

Tuesday, August 13, 2019

Now...This by Neil Postman Article Example | Topics and Well Written Essays - 1000 words

Now...This by Neil Postman - Article Example The understanding is also tolerated. There is no destruction so cruel, no tremor so ravaging, no political error so high-priced--for that matter, no ball score so provoking or weather description so threatening--that it cannot be erased from minds by a newscaster saying, "Now . . . This."Â  (Postman) What the newscasters purport is the previous matters have been thought about for a long time. Therefore, it is necessary for alteration of the scene and perception of the viewers. This can be done by changing what preoccupies the mind with a new idea or news fragment. This is done in the mentality of commercialization in terms of promotion and marketing to meet the current demands by the community. This process of thought does not take more than an hour in psychological mind. Television and radio are mediums that are used by a discrete event in every halt an hour to disseminate separate contents. The contents may have separate contexts and emotional characteristic structure from the follows and precedes it. Because the media promotion takes place in minutes and seconds, maybe because the audience can be manipulated through the communication platform of imagery and words, the structuring of programs is done in a way that each segment of 8 minutes’ ability to stand as a separate complete event. (Stewart) News in the television is merely entertainment. It is engulfed with a cast of actors who are admirable and credible. Analytically, the Television news anchors are mostly women of the age gap from 20 to 45 and are exceptionally beautiful. It also includes men who are handsome, who are not bald, fat, have neither long noses nor closed eyes. In the definition of truth, the ultimate propositional test of the teller determines the television’s credibility. This means that if the society trusts in the teller then what he or she says is classified as the truth. In other words, the truth

A Thousand Splendid Suns--see instructions Essay

A Thousand Splendid Suns--see instructions - Essay Example Under normal conditions, the more traditional and older Mariam would be an unlikely confidant and friend of the more educated Laila. Both come from different social classes but in spite of the efforts of the country to oppress its women, these two create strong bonds as a consequence of that very oppression. Mariam was raised in a small, run down shack outside of the main city of Herat. Though she was considered a strong girl, she was also taught to understand her place as a harami, or bastard child. She understood this to be an unattractive role, â€Å"that a harami was an unwanted thing; that she, Mariam, was an illegitimate person who would never have legitimate claim to the things other people had, things such as love, family, home and acceptance.† (Hosseini 4). While she understood this role, she questioned those in authority and the rules she was forced to follow and often dreamed of a better way of life. In fact, she was very close to her father, Jalil, who always spoke to her in kind words fueling her aspirations for something better as she knew being a harami was not her own fault. As she got older, she was tired of feeling guilty about the circumstances of her birth as â€Å"it did not occur to young Mariam to ponder the unfairness of apologizing for the manner of her own birth.† (Hosseini 11). A younger Mariam accepted her role, but the older one desired more in life. She was raised by her mother (Nana) and fell into a deep despair upon her death, especially as she is married off against her will to Rasheed. He forced her into submission taking away all of her hope of a better life until she finally had the courage to rise up in revenge and kill him. Unfortunately for her, the Taliban executed her for this murder. In contrast, Laila had a happier childhood, or at least as happy as it could be for a woman in Afghanistan in the midst of war. She was given an opportunity for education and to realize her full potential. Her father had

Monday, August 12, 2019

What insights, if any, can the writings of Michael Foucault provide Outline

What insights, if any, can the writings of Michael Foucault provide for the student of medieval 'outsiders' - Outline Example Perhaps one of the main contributors to the body of knowledge includes Michel Foucault. Indeed, his exploration of science, philosophy, history and a host of other fields generated useful insights that inform current decisions in the academic sphere. It is against this background that this paper underscores contributions of Michel Foucault that are informative to the student of medieval ‘outsider’. Foucault posits that the disappearance of the social problem of leprosy paved way to insanity2. Initially during the 1500s, mad people were secluded from the society and sent away in ‘ship of fools’3. According to Foucault, leprosy was a complex phenomenon whose occurrence was beyond the physical incapacitation6. From a medical point of view, the populations that were affected by it suffered immensely. The then societies feared the disease because of the medical implications that were associated with it. Just like mad people, lepers were secluded form the society The resultant gap made it possible for populations to carry on with the practice of seclusion. Gradually, mad people started being given a similar treatment. In essence, they were considered social outcasts and were exposed to brutal treatment9. Foucault believes that discipline and punishment gives the persons in authority power over an individual who is punished10. Power in this regard is defined by professional knowledge thus judges, parole officers and the police are powerful. The degree and length of the disciplinary measure is depended on the decisions that are made by individuals in power11. These also determine the type of punishment that need to be reflective of the type of wrong that is committed by the prisoner. Discipline and punishment play distinct social and political roles of: Human sexuality has a direct influence on social as well as political power structuring16. The procedures and

Sunday, August 11, 2019

Role of Private Sector Organizations in Education Essay - 1

Role of Private Sector Organizations in Education - Essay Example Bringing the education sector right under the auspices of the private sector is important because there is more check and balance in doing the same and that there are minimal losses, both from the imparting of education as well as the financial standpoint. Also encouraging private sector organizations to come up with different education related and vocational ventures is indeed much needed at present. This is because education is usually the responsibility of the state itself but the people who could impart training regimes and coaching measures are the ones who hail from the private sector, in essence the specialists who know their work well and hence they must be given their due right to express what they can do best. Steps need to be taken to bring them in the forefront so that their undertakings could be further developed from and that there are no grey areas when the talk goes out loud regarding institutionalizing education centers and areas of excellence related with the very s ame topic. (Levine, 1985) The way in which organizations have adopted the role as the torchbearers for the society when it comes to imparting education, falls directly under the domains of the notion of corporate social responsibility. This is a term that has been spoken of at length within the present day organizational regimes due to the fact that a number of different education programs, social awareness measures, human development initiatives and general reforms have made the rounds of the organizations on a consistent basis and essentially benefited the different publics of the said organizations as well as the society. Corporate social responsibility can be applied to a business in a very innovative way. The company can invest in the social arena with much return in mind, not in the short-term but of course in the long run. Corporate social responsibility is internal to an organization; it dictates the manner in which it has to plan about the courses of action it has to carry out with respect to the society. This term basically deals with the organization's set of operations that it carries out for the welfare of the society while existing within itself. It helps the humanity in more than one ways, to train and educate them and to ponder upon issues, which can really change the fate of coming civilizations. (Berkhout, 2005) It all comes under this heading of corporate social responsibility. The Government must play its role in harnessing the skills attached with the corporate sector in finding out the better means in which it can benefit the society. For that certain loans and grants can also be fi xed for a certain company depending on its market level in the business world. Extensive research has found that corporate responsibility is becoming an essential part of any company's day-to-day undertakings. Thus, the responsibility played by the government as well as the citizens in this regard should be quite eloquent and expressive. Their voice is given due value by the company and it does just about everything to get more and more customers and consumers which in turn excites it to search for better means to get the very same people. This, in turn, attracts the company to sponsor big events and sports galas, competitions as well as come towards social welfare

Saturday, August 10, 2019

The Cost of War Essay Example | Topics and Well Written Essays - 500 words

The Cost of War - Essay Example As an economic student, the cost of war does not end in the battlefield but it also affects those who are not involved with the war. The question here is the cost of war and who bear the cost. Is it America, the jihadists or the world? This perspective will enable you to explore the issue from an economist point of view. Global economy is indicated by various parameters. Such parameters are the only tool that we can use to determine the cost of war. Jim: I think Sam is heading in the right direction since the issue of cost of war should be linked with the question of who bears the cost. It is unfortunate that since the end of World War II, most wars have been between America and the so called the Arab world. The Asian continent or the Arab world plays a big role in the world’s economy. Nearly 50% of the global oil comes from the Arabian countries particularly Iran, Iraq, Kuwait and Saudi Arabia that. These countries have either been involved or affected by the war. This proves why global oil prices escalate whenever there is a conflict involving the Arab world and the Western League. Inflated oil prices increases the cost of production since oil is used in various stages of production such as manufacturing and transportation. High oil prices are reflected in consumer products as increase in retail prices. I consider this to be the actual cost of war† Peter: â€Å"your argument is correct however, you are more biased to answering the question of who bear the cost of war instead of the cost of war. Wars happen in reality and therefore analysis needs a realistic focus. The cost of war is the immediate impacts of war that changes the financial status of the parties involved in war. In this case the cost of war will be evaluated from the cost of damages resulting from a conflict and the cost of maintaining combatants in the battlefield or maintaining a frontline†. Simon: â€Å"I think the issue is