Essay --

Physical activity is necessary to develop and maintain a healthy lifestyle. Mainly guidelines suggest 150 minutes of physical activity weekly must be obtained to live a healthy life. There are many factors in each person’s life that determines the activity level of their lifestyle. A study done in Norway suggests youth sports has an influence on how active a person will be as an adult. There have been many suggestions that organized youth sports have an impact on an adult’s activity level, so researchers in Norway decided to conduct a study to see if this was accurate. The purpose of this study was to see if sustained youth sport participation related to the amount of physical activity one gets when they reach adulthood. Another purpose of this study was to determine if youth sports effected male’s adult physical activity more than females. This study relates to childhood obesity because it has been said physical activity is a huge stepping stone to reducing obesity. In this study, children from the ages of 13 to 16 years are participating in sports, which is a means of physi...

Critical Analysis of War Photographer by Carol Ann Duffy :: English Literature

Critical Analysis of War Photographer by Carol Ann Duffy In his darkroom he is finally alone with spools of suffering set out in ordered rows. The only light is red and softly glows, as though this were a church and he a priest preparing to intone a Mass. Belfast. Beirut. Phnom Penh. All flesh is grass. He has a job to do. Solutions slop in trays beneath his hands which did not tremble then though seem to now. Rural England. Home again to ordinary pain which simple weather can dispel, to fields which don't explode beneath the feet of running children in a nightmare heat. Something is happening. A stranger's features faintly start to twist before his eyes, a half-formed ghost. He remembers the cries of this man's wife, how he sought approval without words to do what someone must and how the blood stained into foreign dust. A hundred agonies in black-and-white From which his editor will pick out five or six for Sunday's supplement. The reader's eyeballs prick with tears between the bath and pre-lunch beers. From the aeroplane he stares impassively where he earns his living and they do not care. Carol Ann Duffy was born in Glasgow in 1955. She grew up in Staffordshire and went to university in Liverpool. Having spent some time in London as a freelance writer, she now lives in Manchester. She has won many prizes and several awards for her poetry. Her poems, she says, 'come from my everyday experience, my past/memory and my imagination. People and characters are fascinating to me'. Many of her poems are based on true experiences and real people. In the 1970s Carol Ann Duffy was friendly with Don McCullin, a famous photographer whose photographs of war were widely published and respected. Her poem, "War Photographer", (from Standing Female Nude, 1985), is based on conversations she had with him. The poem works on a very personal level - it is based on the authentic experience of a war photographer - and on a much wider level, saying something about the views and attitudes within our society concerning things that happen much further away. People are glad to distance themselves from the harsh realities of war whilst keeping themselves informed of, and superficially sympathetic to these real life situations. The structure of this poem supports this dichotomy in that there are two contrasting worlds: the world of war zones ("Belfast. Beirut. Phnom Penh.") and the calmer world of "Rural England". The war photographer is the man who goes between these two worlds. The safe world of England is signified by the cliche of a typical Sunday: "The bath and pre-lunch beers" while the horror of war is expressed through

Why did wall street crash in 1929?

In 1929, there was a complete lack of confidence in the U.S. economy, leading to many, many investors selling their shares. This is known as the wall street crash. This was caused by a number of short and long causes, of which I will elaborate on later. Firstly, we must consider the old policy of tariffs in Europe. This is very important because of the fact that Europeans could not afford u.s. goods, as the tariffs for the buying of u.s. goods was too much for Europeans to pay. Another reason the Europeans could not afford to buy u.s. goods is because most European countries had hefty war loans they had to pay back to America, which they were struggling to pay back as it was. There was widespread poverty in the u.s.a. in the 1920's. almost 50% of American households had an average income of under $2000 p.a. this purchased only the bare essentials in life. The worst hit were the black people and new immigrants, who were highly discriminated against. Many black people lived in poverty in rural cities in america. New immigrants to america were given the lowest paid jobs, as Americans were highly prejudice against Europeans, plus they would work for anything just to live in america. With the collapse of trade unionism, there was little leeway for workers to bargain for better wages. The two reasons previously mentioned, let to overproduction of goods in the u.s.a. as american citizens could not afford to buy any u.s. goods as they were in dreadful poverty. People overseas could not buy u.s. goods as it would be too expensive for Europeans as the u.s.a. had imposed tariffs which taxed the import/export of u.s. goods. The small amount of people that could afford the products had already bought exactly what they had wanted. There were too many goods, and not enough people to buy them. In the early 1920's, the american stock market was doing fantastically because of the boom in business created by the u.s. internal market. But, however in the mid-20's the speculation of stocks began to increase. This is to say that people were investing in a company merely in the hope of share prices rising. As more and more people invested this way share prices rose out of all proportion to their real value. Since the u.s.a. had set up its internal market it had been easy for americans to borrow money on credit. Small investors used this borrowed money to buy stocks(â€Å"on the margin†) small investors knew that if they lost this money they would not be able to pay this back. If the banks had not been paid back by the creditors, they would not have the money to loan to people trying to buy â€Å"on the margin†, and so many banks close. In the autumn the experts of stock market began selling their stock as they could see that share prices were over valued. This panicked small investors, and they began selling madly. This lead to banks losing money from the loss of shares. This in turn lead to the collapse of the stock market. This is the wall street crash

George Herberts Imagery Essay

Ashley Adams Instructor: Adam Helmintoller English section 241-40 16 November 2011 George Herbert’s Imagery The poem â€Å"Easter wings† by George Herbert is a poem that contains deep imagery which is shown not only in his words but also his visual structure. Herbert chooses the structure of a pair of wings for many different reasons. He also gives his poem a lot of imagery which should help the reader gain a different perspective to the poem. The poem explains Herbert’s desires to fly with Jesus after his resurrection. Herbert put himself deliberately in the poem by commonly using â€Å"I† and â€Å"me†. Herbert then addresses the audience in the first line with â€Å"Lord†, meaning Jesus Christ. Yet the confusion is of where the poem starts since it is split in two parts but having to be read sideways. This could be used to invoke visions of both wings, meaning that instead of looking at one large poem there is actually two smaller poems instead. Lord, who createth man in wealth and store† is the beginning of this poem, helping to immediately establish the audience in the first word (Greenblatt 1609). It also reveals the poem as a type of prayer towards God. Herbert uses the â€Å"winged† look in his poem to more or less catch the readers eye an relate to the imagery Herbert uses in the poem with his words. The beginning of the poem describes the fall of men from â€Å"wealth† into the â€Å"decaying† of life from sinful nature, â€Å"Lord, who createst man in wealth and store, Though foolishly he lost the same, Decaying more and more Till he became Most poor:† the structure of the first few lines parallel the content, by having the lines â€Å"decaying† in length but also the imagery â€Å"decaying† with the fall of mankind (Greenblatt 1609). Herbert wanted his audience to see the parallelism between the shape and the actual meaning of the poem. Herbert wanted the reader to find the true meaning of the poem by connecting it with the shape. In the second part of the two poems is turning in emotion and finishing with the poet taking â€Å"flight† and completing the second wing: â€Å"With thee O let me rise As larks, harmoniously, And sing this day thy victories: Then shall the fall further the flight in me. † This stanza is rich in imagery (Greenblatt 1609). It seems like the second part of the first poem â€Å"beats its wing† against the decline of the first part in the first poem, showing how the â€Å"fall† of man â€Å"furthered the flight† in Herbert as it created the way for the crucifixion of Jesus. It was this action which redeemed man so they could have fellowship with God again. While in the first part you see Herbert using he and the word man, where as in the second part the poem becomes more personal to Herbert when he uses me. This part of the poem could be meant as the personal prayer to God thanking him for the death of his son and our salvation. Also of note is the use of â€Å"larks, harmoniously† to give a beautiful, resonate feel to the poem; opposite to that of words like â€Å"decaying† and â€Å"most poor† used in the first stanza. The first three lines of the second stanza, â€Å"With thee/ O let me rise/ As larks, harmoniously† tells us Herbert wants to be with Jesus during the resurrection (Greenblatt 1609). Herbert then uses the word harmoniously suggesting a group of voices and a group of people. And since Herbert is insinuating harmounisly as a group which is most commonly seen as three, this would support the idea of the trinity. The trinity which is specifically the trinity of Jesus as father, son, and Holy Spirit which Herbert wanted to relate to in his poem. If you look more closely to the second part of the poem it’s obvious that it’s just a continuous to the first part while addressing the same audience in the first part. As the first stanza spoke of the â€Å"fall† of man into sin, the third stanza becomes more personal to the poet: â€Å"My tender age in sorrow did begin: And still with sicknesses and shame Though didst so punish sin, That I became Most thin†, once again, this part decreases every line like that of the first (Greenblatt 1609). Following the beginning of the second part Herbert explains him not being innocent of sin with the comment of him being â€Å"most thin†. This ending should give the reader a feel of loss and unfinished ending. Ideally, our virtues and wisdom should grow with age; Herbert reveals that this is not necessarily the case. With the passing of time, the poet expresses that his only gain was that of guilt and sin. It is also somewhat impossible to live life without sin. Again the poet picks up from where he left off and begins the next stanza with words of rejuvenation. However, this stanza adds an element of connection: â€Å"With thee let me combine, And feel this day thy victory; For, if I imp my wing on thine, Affliction shall advance the flight in me† (Greenblatt 1609). Herbert then states his want for salvation to â€Å"combine† with Jesus and be grafted onto his wings. This would suggest he doesn’t want to be only â€Å"with† Jesus but grafted â€Å"onto† Jesus, which a much closer relationship would be made. Herbert did this appropriately to show how the course of man’s action, led to the affliction and fall of man. It is difficult to see how negatives such as â€Å"affliction† and â€Å"fall† could lead to glory but it is this resistance, much like that of a wing beating against the resistance of gravity and air, that furthers not only the flight of the poet but also that of mankind. apricotpie) After analyzing Herbert’s poem, the winged imagery can be seen throughout, and the reasoning for the shape and imagery. Herbert wanted to show people of his time and from then on many truths in the poem. . Not only does the shape and imagery have a great effect on the reader, but the emotional swing s and shifting play many â€Å"tricks† on the reader as we go through Herbert’s poem. Also Herbert’s original presentation is most unusual and confronts the reader with an awkward dilemma. In order to access the words of his poem the page must be turned sideways. This turning of the page could be Herbert’s way of changing our point of view. How man’s decline because of sin was defeated by the actions of the cross. So the point of Herbert’s work â€Å"Easter Wings† May not actually be understood with maybe just one reading but with multiple readings. . But Herbert did show us that using shape and imagery throughout his poem that many different meanings and points can be made within one poem. . He also helped us to understand his view of right and wrong, Herbert used imagery throughout his poem to give us a sense into his life and his value system. In doing so he gave the readers of his poems a chance to find all of the truths and meanings in his poem. Lastly in Herbert’s poem he wants us to be grateful of the gift that God has given to us, by allowing his only son to die for the salvation of our sins to wash us clean with grace, it is this action which allows all of mankind, and not just Herbert, to be grafted into Jesus’ wing to â€Å"further the flight† in us all. Herbert’s ideas all together try to make a positive feedback onto the reader, beginning with wanting to return with less sin and trying to â€Å"fly† with Jesus towards salvation.

Evaluation Of Investment Alternatives Essay

Introduction – Capital budgeting A critical role of a financial manager is the evaluation of capital projects.   This is a very important task because the money involved in such activities is significant and the benefit or loss derived from will highly influence the financial performance of the whole organisation (Brockington R. B. 1996, p 102).   Indeed, Nobel laureates Modigliani and Miller suggested in their theory of capital structure that the value of a company is not affected by its gearing, but the primary factor that influences such value is the investment in wealth creating projects (Pike R. et al.   1999. p 557 and 577). 1.1   Evaluation of plans if their risk equals that of the firm 1.1.1 Net Present Value Method PLAN X Details 0 â‚ ¬Ã¢â‚¬â„¢000 1 â‚ ¬Ã¢â‚¬â„¢000 2 â‚ ¬Ã¢â‚¬â„¢000 3 â‚ ¬Ã¢â‚¬â„¢000 4 â‚ ¬Ã¢â‚¬â„¢000 5 â‚ ¬Ã¢â‚¬â„¢000 Initial Investment (2,700)                Cash Flows    470 610 950 970 1,500 Net Cash Inflow/(Outflow) (2,700) 470 610 950 970 1,500 12% Discount Rate 1.0000 0.89286 0.79719 0.71178 0.63552 0.56743 Present Value (2,700) 419.64 486.29 676.19 616.45 851.15 Net Present Value – â‚ ¬349,720 PLAN Y Details 0 â‚ ¬Ã¢â‚¬â„¢000 1 â‚ ¬Ã¢â‚¬â„¢000 2 â‚ ¬Ã¢â‚¬â„¢000 3 â‚ ¬Ã¢â‚¬â„¢000 4 â‚ ¬Ã¢â‚¬â„¢000 5 â‚ ¬Ã¢â‚¬â„¢000 Initial Investment (2,100)                Cash Flows    380 700 800 600 1,200 Net Cash Inflow/(Outflow) (2,100) 380 700 800 600 1,200 12% Discount Rate 1.0000 0.89286 0.79719 0.71178 0.63552 0.56743 Present Value (2,100) 339.29 558.03 569.42 381.31 680.92 Net Present Value – â‚ ¬428,970 Source:   Drury C. 1996, p 389. 1.1.2 Internal Rate of Return Method PLAN X Year Net Cash Inflow/(Outflow) Discount Factor* Present Value    â‚ ¬ 16% 17% 16% 17% 0 (2,700,000) 1.0000 1.0000 (2,700,000) (2,700,000) 1 470,000 0.86207 0.85470 405,172.90 401,709.00 2 610,000 0.74316 0.73051 453,327.60 445,611.10 3 950,000 0.64066 0.62437 608,627.00 593,151.50 4 970,000 0.55229 0.53365 535,721.30 517,640.50 5 1,500,000 0.47611 0.45611 714,165.00 684,165.00 Net Present Value 17,014 (57,723) PLAN Y Year Net Cash Inflow/(Outflow) Discount Factor* Present Value    â‚ ¬ 18% 19% 18% 19% 0 (2,100,000) 1.0000 1.0000 (2,100,000) (2,100,000) 1 380,000 0.84746 0.84034 322,034.80 319,329.20 2 700,000 0.71818 0.70616 502,726.00 494,312.00 3 800,000 0.60863 0.59342 486,904.00 474,736.00 4 600,000 0.51579 0.49867 309,474.00 299,202.00 5 1,200,000 0.43711 0.41905 524,532.00 502,860.00 Net Present Value 45,670.80 (9,560.80) Source: Horngren T. C. et al. 1997, p 785 – 787. 1.1.3 Evaluation of projects Plan Y is more financially feasible under both methods.   The net present value of Plan Y is â‚ ¬79,250 [â‚ ¬428,970 – â‚ ¬349,720] higher than Plan X.   The internal rate of return of Plan Y is also 2.61% higher than the other plan, indicating a higher margin of safety on losses in case the expected cash flows are not achieved (Randall H. 1996, p 446). 1.2 Examination of plans at different risk profiles 1.2.1 Net Present Value Method PLAN X Details 0 â‚ ¬Ã¢â‚¬â„¢000 1 â‚ ¬Ã¢â‚¬â„¢000 2 â‚ ¬Ã¢â‚¬â„¢000 3 â‚ ¬Ã¢â‚¬â„¢000 4 â‚ ¬Ã¢â‚¬â„¢000 5 â‚ ¬Ã¢â‚¬â„¢000 Initial Investment (2,700)                Cash Flows    470 610 950 970 1,500 Net Cash Inflow/(Outflow) (2,700) 470 610 950 970 1,500 13% Discount Rate 1.0000 0.88496 0.78315 0.69305 0.61332 0.54276 Present Value (2,700) 415.931 477.722 658.398 594.920 814.140 Net Present Value – â‚ ¬261,111 PLAN Y Details 0 â‚ ¬Ã¢â‚¬â„¢000 1 â‚ ¬Ã¢â‚¬â„¢000 2 â‚ ¬Ã¢â‚¬â„¢000 3 â‚ ¬Ã¢â‚¬â„¢000 4 â‚ ¬Ã¢â‚¬â„¢000 5 â‚ ¬Ã¢â‚¬â„¢000 Initial Investment (2,100)                Cash Flows    380 700 800 600 1,200 Net Cash Inflow/(Outflow) (2,100) 380 700 800 600 1,200 15% Discount Rate 1.0000 0.86957 0.75614 0.65752 0.57175 0.49718 Present Value (2,100) 330.437 529.298 526.016 343.050 596.616 Net Present Value – â‚ ¬225,417 Source:   Hirschey M. et al. 1995, p 799. 1.2.2 Comparison of decisions at different risk rates When the discount rate of the project is considered instead of the overall rate of the company, the financial viability of Plan Y diminishes because this plan is a riskier project than the other one and hence, a higher discount rate is chosen.   The process of discounting arises from the time-value of money principle, and the higher the discount rate the lower the present value from the cash flows generated from the project (Pike R. et al. 1999, p 66 & 67).   In such a stance, Plan Y is no longer the most optimal project because Plan X net present value exceeds that of Plan Y by â‚ ¬35,694 (â‚ ¬261,111 – â‚ ¬225,417). 1.3 Analysis of real option data for plans 1.3.1 Net Present Value Method PLAN X Details 0 â‚ ¬Ã¢â‚¬â„¢000 1 â‚ ¬Ã¢â‚¬â„¢000 2 â‚ ¬Ã¢â‚¬â„¢000 3 â‚ ¬Ã¢â‚¬â„¢000 Initial Investment (2,700)          Cash Flows    470 610 950 Net Cash Inflow/(Outflow) (2,700) 470 610 950 13% Discount Rate 1.0000 0.88496 0.78315 0.69305 Present Value (2,700) 415.931 477.722 658.398 Net Present Value: -â‚ ¬1,147,949 + (â‚ ¬100,000 x 25%) = -â‚ ¬1,122,949 PLAN Y Details 0 â‚ ¬Ã¢â‚¬â„¢000 1 â‚ ¬Ã¢â‚¬â„¢000 2 â‚ ¬Ã¢â‚¬â„¢000 3 â‚ ¬Ã¢â‚¬â„¢000 4 â‚ ¬Ã¢â‚¬â„¢000 5 â‚ ¬Ã¢â‚¬â„¢000 Initial Investment (2,100)                Cash Flows    380 700 800 600 1,200 Net Cash Inflow/(Outflow) (2,100) 380 700 800 600 1,200 15% Discount Rate 1.0000 0.86957 0.75614 0.65752 0.57175 0.49718 Present Value (2,100) 330.437 529.298 526.016 343.050 596.616 Net Present Value: â‚ ¬225,417 + (â‚ ¬500,000 x 20%) = â‚ ¬325,417 Source:   Lucey T. 2003, p 416. 1.3.2 Comparison of real option plans with original plans If we consider and apply the real options available, Project Y becomes the best project, on the contrary of the conclusion noted in sub-section 1.2.2.   It is also worth nothing that the application of the real option for Plan X is not financially viable because we will end up with a negative net present value.   If we compare the net present value of Plan Y under the real options scheme with the net present value of Plan X we can deduce that Plan Y real options project is more feasible than the other plan since the net present value is â‚ ¬64,306 higher [â‚ ¬325,417 – â‚ ¬261,111]. 1.4 Effect of Capital Rationing Capital rationing is an absolute restriction on the amount of finance available for a project irrelevant of cost.   This should not be confused with scarcity of economic resources.   Capital rationing on projects is sometimes applied even though the organization posses or can attain available finance.   For example, a capital rationing may be imposed on the amounts of debts an organisation can take in order to limit the gearing of the firm (Brockington R. B. 1996, p 151). When conditions of capital rationing are imposed, there is the possibility that the most optimum project is not selected.   Therefore yes capital rationing may effect the selection of Plan X or Plan Y.   For example if a capital rationing is adopted by the firm which states that the initial investment cannot exceed â‚ ¬2,000,000 due to its effect on gearing. Under such conditions no Plan would be selected by the firm.   Another example of capital rationing that will affect the project choice is if management decided to restrict expansion of the factory, because they fear that control on employees may be lost affecting negatively their relationship and control on staff.   In this case Plan X would be excluded, even though it is the most optimal project as denoted in sub-section 1.2.2., and the available choice would be Plan Y. 1.5 Financial instruments available for private companies The alternative financial instruments that the firm can use, apart from shares are: Corporate Bonds & Debentures; Overdraft facility by the bank; Bank loan; Venture capital; and Leasing 1.5.1 Advantages and disadvantages of corporate bonds/debentures The advantages related to corporate bonds are (E*Trade Financial website): Corporate bonds are usually lent at a longer period of time (Veale R. S. 2000, p 155). Interest payments for bonds are tax deductible. Interest rates of corporate bonds are frequently lower than those of banks. Percentage ownership of shareholders is not weaken by the issue of corporate bonds or debentures (Veale R. S. 2000, p 156) The disadvantages encountered with corporate bonds are: Obligation of interest on the firm’s cash flow, thus increasing the risk of bankruptcy during periods of financial problems. Upon maturity, the company has to pay back all the amount of the bond. 1.5.2 Advantages and disadvantages of bank overdraft facility A bank overdraft facility can provide the following benefits (tutur2u website): Allows flexibility of finance.   The company can increase the overdraft facility within acceptable limits. Interest is only charged on the amount used and is tax deductible. Percentage ownership of shareholders is not diluted by taking an overdraft facility. The disadvantages imposed by an overdraft facility are (tutur2u website): Rates of interest are higher than those of bank loans. Money due is repayable on demand. The facility limit can be changed by the bank according to its discretion. Usually used for short-term borrowing. 1.5.3 Advantages and disadvantages of bank loans These are the advantages derived from bank loans (tutur2u website): Loan is repaid back in regular payments thus allowing better cash management. Lower interest charged than bank overdraft. Percentage ownership of shareholders is not diluted by taking an overdraft facility. Large amounts can be borrowed for long term finance. Limitations of this type of finance are (tutur2u website): Interest has to be paid within a specified date. Less flexible than an overdraft facility. 1.5.4 Advantages and disadvantages of venture capital The advantages of venture capital are (Business Link website): Obtain proficient management expertise, if they get involved in the firm’s operations. Large sums of finance can be obtained from venture capital. The disadvantages incurred by using such medium of finance are (Business Link website): Require detailed financial reporting like business plans and financial estimates. Legal and accountancy fees are incurred in the negotiation process. Firm require a proven track record to take such finance. High returns are frequently expected from venture capitalists.       15.5 Advantages and disadvantages of leasing The advantages obtained from leasing are (Enterprise. Financial Solutions website): Provides 100% financing of asset. There is no need of credit lines with banks and other depositary associations, which are hard to obtain. Minimal paperwork required to acquire lease. Acts as hedging against inflation. Flexible payments are allowed in leasing. Interest on leasing is not subject to increases like bank overdrafts. The disadvantages encountered through leasing finance are (Auto Leasing Software Lease Tips website): The organisation is committed to the entire validity period of the lease. High amounts of insurance coverage are frequently demanded in leases. No ownership of the asset the firm is using in the project’s operations. References: Auto Leasing Software Lease Tips.   Disadvantages of leasing (on line).   Available from:   http://www.autoleasingsoftware.com/LeaseTips/Disadvantages.htm (Accessed 13th March 2007). Brockington R. B. (1996).   Financial Management.   Sixth Edition.   London:   DB Publications. Business Link.   Equity Finance (on line).   Available from:   http://www.businesslink.gov.uk/bdotg/action/detail?type=RESOURCES&itemId=1075081582 (Accessed 13th March 2007). Drury C. (1996).   Management and Cost Accounting.   Fourth Edition.   London:   Thomson Business Press. Enterprise.Financial Solutions.   Advantages of leasing (on line).   Available from:   http://www.efsolutionsinc.com/Advantages_of_leasing.htm (Accessed 13th March 2007). E*Trade Financial.   Corporate Bonds Overview (on line).   Available from:   https://us.etrade.com/e/t/kc/KnowArticle?topicId=13200&groupId=8722&articleId=8723 (Accessed 13th March 2007). Hirschey M; Pappas L. J. (1995).   Fundamental of Managerial Economics.   Fifth Edition.   Orlando:   The Dryden Press Horngren T. C.; Foster G.; Srikant M. D. (1997).   Cost Accounting – A Managerial Emphasis.   Ninth Edition.   London:   Prentice-Hall International (UK) Limited. Lucey T. (2003).   Management Accounting.   Fifth Edition.   Great Britain:   Biddles Ltd. Pike R.; Neale B. (1999).   Corporate Finance and Investment.   Third Edition.   London:   Prentice-Hall International (UK) Limited. Randall H. (1999).   A Level Accounting.   Third Edition.   Great Britain:   Ashford Colour Press Ltd. Tutur2u.   Bank Loans and Overdrafts (on line).   Available from:   http://www.tutor2u.net/business/gcse/finance_bank_loans_overdrafts.htm (Accessed 13th March 2007). Veale R. S. (2000).   Stocks, Bonds, Options and Futures.   Second Edition.   United States of America:   New York Institute of Finance.

Risk in Multitasking Essay Example | Topics and Well Written Essays - 250 words

Risk in Multitasking - Essay Example Managing different projects at the organization is important. Tasks need to be assigned to employees accordingly. If too much tasks are assigned, then it will result in chaos and employees would not be able to complete the tasks. Therefore a project manager needs to make sure that tasks are assigned appropriately and employees are not overburdened because they can give only a limited time at work and if more work is assigned to them then they may not be able to complete the work within the time or maintain high quality of work (Kerzner, 2003). The main findings of the article are similar to what I have encountered at the workplace. Even at my organizations, manager tends to assign different tasks without even asking whether the previous task has been completed or not. Such a situation impacts the concentration of the employees. If tasks are given one at a time to employees, then they would be able to better manage the task and complete it with better quality. Organizations should also manage the tasks in a way that too many tasks are not assigned to the employees at a time. In this article, it has been analyzed that the projects were not managed appropriately. Managing the resource in projects is critical in making sure that the project is completed within the cost, time and scope. If the projects are not managed considering the resources the organization has, then it will result in such situations and the projects will not be completed (Hamilton,

Comparing the philosophies in Camus's The Stranger and Frankl's Man's Essay

Comparing the philosophies in Camus's The Stranger and Frankl's Man's Search for Meaning - Essay Example Meursault is a clerk, who seems to have no feelings and spends afternoons in lovemaking and empty nights in the cinema. He reaches self-knowledge by committing a crime - he shoots an Arab on the beach without explicit reason and motivation - it was hot, the Arab had earlier terrorized him and his friend Raymond, and he had an headache. Meursault is condemned to die as much for his refusal to accept the standards of social behavior as for the crime itself. In his great work, "The Stranger," Albert Camus exposes his readers to the existentialistic parts of philosophy. The existentialism within his work shapes his characters, by determining how they will act and respond to what is going on around them. However, due to the existentialism, the character stands out in a way unique to the characters in that work. Meursault, the protagonist in "The Stranger," is an insensitive individual. He shows no feelings towards anyone throughout the novel. It is this lack of feeling that strongly reflects the philosophy of existentialism. Meursault does not feel any sensations a normal human would have with members of the opposite sex, nor does anything important seem to interest him. This lack of feeling, Meursault does realize it is a problem, for he states himself, "I explained to him, however, that my nature was that my physical needs often got in the way of my feelings.(pg 65)" also sees no reason for change in his life. The common theme is that life will be meaningless if we don't put anything into it. Another good example would be after Maman's funeral, Meursault says that, "It occurred to me that anyway one more Sunday was over, that Maman was buried now, that I was going back to work, and that, really, nothing had changed." The work of Camus show the theme of absurdity that life is meaningless by death and an individual can't make sense of his experience. Work, a home, and a girl is what Meursault has, and he feels nothing more is needed. He is very existentialistic because of his fate. When the priest asks Meursault if he would like a different life, his response was that he would like one that would be exactly the same as this current one. The fate for the rest of his life rolls a rock to the top of a mountain, then stops and watches it roll back past him. There is no way we can control our fate, because it is predetermined. When he was asked whether he would like to move to Paris, Meursault responded that "people never change their lives, that in any case one life was as good as another and that I wasn't dissatisfied with mine here at all." FRANKL'S PHILOSOPHY In general Victor Frankl sees man as a free, self-determined agent who uniquely determines the meaning of his own individual life, having the potential for either great good or great evil. He stresses man's responsibility for his own life: "things determine each other but man is ultimately self-determining" (p.157). He asks, "How can we dare to predict the behavior of man"(p. 155). Yet he cautions that "freedom...is not the last word"(p. 155) but rather "is in danger of degenerating into mere arbitrariness unless it is lived in terms of responsibleness" (p. 156). Frankl sees the primary motivation of man as "the striving to find meaning in one's life" (p. 121). This is not