Cant Buy Me Love/3 Short Stories (check This Out) Essays -- essays res

Can’t Buy Me Love      The misery was a time of boundaries. An individual was more than likely incredibly poor, or in the fortunate upper 1% that was amazingly well off. The white collar class was practically not existent. These salary gatherings, incorporating those portrayed in our three stories, needed cash since it probably brought joy, however were really battling to stick to the immaterial, inaccessible sentiment of adoration.      If cash prompts love, Dexter Green has gotten it a thousand times finished. He needed not relationship with the sparkling things and sparkling individuals [but] the sparkling things themselves† regardless of whether they come looking like an article, an individual, a house, a way, or as straightforward as an actual existence (Fitzgerald Dreams 58). He is as yet the â€Å"proud, covetous little boy† of his childhood (Dreams 64). This resurrection of the Victorian plated age reestablishes the reality those things that look of worth may truly be vacant of significant worth inside. This sparkling emptied thing for Dexter Green shows up as Judy Jones. He needs her; he yearns for her since he has everything else. â€Å"Often he connected for the best without knowing why he needed it;† simply one more trophy on his rack, and apparently the blessing one may give an individual who has everything (Dreams 58). He is urgent for the way of life, the sparkling th ings, and having a place.      Judy, herself, is an image of riches and to men, the perfect of adoration. She has appropriate reproducing, unfathomable excellence, notoriety, or more of all, bunches of cash. In spite of the fact that she is the thing that men need to use for instance of adoration, she can not cherish. Or maybe, she is simply love and obviously the incongruity of adoration. She has no human limit with regards to it for she is just playing the game to demonstrate that she can â€Å"[make] men cognizant to the furthest extent of her physical loveliness† and make them go gaga for her in a moment (Dreams 65). Judy messed around with men and â€Å"was engaged uniquely by the satisfaction of her wants and by the immediate exercise of her own charm† (Dreams 61-2). She upgrades the disasters of cash and loses all that is appealing about her when secured to marriage. She was a goddess without any ethics according to men yet was frantic for force, desire, and the idea of discover ing love.      Francis and Margot include a fascinating tw... ...r have (for example cash, love, her sister life, opportunity from duties).      In Conclusion, these characters needed something they could just not have. Most love, some mental fortitude, and some cash, however the key here is that people are driven by need. Cash can purchase a safari, or excursion to Paris, or possibly a day on the connections, however cash can not accepting bliss and cash can not accepting adoration. That is the reason these characters and we all are edgy to feel needed and adored in light of the fact that it is nothing you can get; you need to procure it. Works Cited Page Fitzgerald, F. Scott. â€Å"Babylon Revisited†. Fiction '00. Third release James H. Pickering. New York: Macmillan, 1982. 210-30. Fitzgerald, F. Scott. â€Å"Winter Dreams†. The American Tradition in Literature. Fourth release. Sculley Bradley. New York: Grosset and Dunlap, 1974. 54-75. Hemmingway, Ernest. â€Å"The Short Happy Life of Francis Macomber†. The American Tradition in Literature. Fourth release. Sculley Bradley. New York: Grosset and Dunlap, 1974. 1564-90. Zinn, Howard. A People’s History of the United States. New York: The New Press, 1997.

How to Convert Fahrenheit to Celcius

Instructions to Convert Fahrenheit to Celcius Here is the means by which to change over  °F to  °C. This is really Fahrenheit to Celsius and not Fahrenheit to Celcius, however the mis-spellings of the temperature scales are normal. So are the temperature scales, which are utilized to gauge room temperature, internal heat level, set indoor regulators, and take logical measurements.â Temperature Conversion Formula The temperature change is anything but difficult to do: Take the  °F temperature and take away 32.Multiply this number by 5.Divide this number by 9 to acquire your answer in  °C. The recipe to convert  °F to  °C is: T( °C) (T( °F) -32) Ãâ€"5/9 which is T( °C) (T( °F) -32)/1.8  °F to  °C Example Problem For instance, convert 68 degrees Fahrenheit into degrees Celsius: T( °C) (68 °F - 32) Ãâ€"5/9 T( °C) 20  °C Its additionally simple to do the transformation the other way, from  °C to  °F. Here, the equation is: T( °F)  T( °C) Ãâ€"9/5 32 T( °F)  T( °C) Ãâ€"1.8 32 For instance, to change over 20 degrees Celsius to the Fahrenheit scale: T( °F) 20 °C Ãâ€"9/5 32 T( °F) 68  °F While doing the temperature changes, one brisk approach to verify you did the transformation right is to recollect Fahrenheit temperatures are higher than the relating Celsius scale until you get down to - 40â °, which is the place the Celsius and Fahrenheit scales meet. Underneath this temperature, degrees Fahrenheit are lower than degrees Celsius.

Compare and Contrast three separate and distinct linux vendors of Essay

Investigate three discrete and unmistakable linux sellers of workstation and server - Essay Example The expense of accessibility and after-deals backing of the three sellers will likewise be investigated. In particular, any concealed charges or permitting expenses as required for membership of Microsoft applications will likewise be surveyed. At long last, a suggestion in picking Linux and the purposes for favoring Linux over Microsoft will likewise be given. Additionally, the attainability in utilizing Linux workstation and servers will be examined which will give the key advantages that can be experienced by the ventures. Chapter by chapter list Executive Summary 2 Table of Contents 3 Introduction 4 Thesis Statement 5 Red Hat Enterprise Workstation 5 Red Hat Enterprise Server 9 SUSE Linux Enterprise Workstation 11 SUSE Enterprise Server 15 Oracle Linux Workstation/Server 18 Conclusion 21 References 22 25 Introduction Organizations around the globe are searching for better options to Microsoft because of the presentation of one of the most questionable permitting understandings in May, 2001. The permitting program was acquainted with elevate the rights and to guarantee upkeep of programming which was named Software Assurance (SA). The experience Microsoft had after the improvement of this permitting program made them slow down the arrivals of other authorizing programs along these lines. The change idea of advanced businesses didn't acknowledge the new program along these lines, making the organization to adjust the program (BetaNews Inc, 2012). Business associations ordinarily are not the same as purchasers which brought programming without marking any agreement. Nonetheless, associations required to go into a multi-year volume permitting contracts. Before the arrival of this understanding, existing clients were given a markdown while overhauling their product dependent on their agreement. In any case, new clients needed to follow through on full cost for the product proposed to purchase. With the presentation of SA, the clients needed to pay Microsoft 29% of the full permit value every year for redesigning work area programming and 25% for server programming. Moreover, clients were required to purchase the update rights simultaneously while buying the new programming, before they really required it (BetaNews Inc, 2012). Along these lines, business associations were confronting bunches of hardships with the new authorizing understanding and in this way, began searching for better other options. In this respects, Linux is one of the most favored alternatives because of specific focal points had over Microsoft. For example, Linux is an open source and free programming which gave clients the chance to build up the representation components to improve the exhibitions. Moreover, Microsoft customers who didn't gangs volume permitting understanding were not permitted to introduce programming in virtual machines running on similar associations. Be that as it may, with Linux, clients can convey bought programming to different machines with no extra cost (Gabriel Consulting Group Inc, 2009). Proposal Statement The investigation will give a differentiating examination of Linux merchants, in particular, Red Hat, SUSE and Oracle programming based on unwavering quality, execution, application, backing and preparing, accessibility and cost of possession. In addition, the examination will characterize the best dispersion of workstation and server of Linux among its sellers. Red Hat Enterprise Workstation Reliability Red Hat Enterprise guarantees clients to give the top tier applications

Distillate Definition in Chemistry

A distillate is the vapor in a distillation that is collected and condensed into a liquid. Alternatively, it is the name of the product obtained from the distillation process. Examples Alcohol prepared for consumption is a good example of a distillate. Distilled liquors include whiskey, tequila, and some types of vodka. Distillation of air yields liquid nitrogen, oxygen, and argon as distillates. Distillation of crude oil is used to produce fuel as a distillate.

Speech on Caffeine Essay - 889 Words

Title: Caffeine Specific purpose: To inform my audience what exactly caffeine is, where it comes from, the benefits of caffeine and the negative effects of caffeine. Introduction A. Attention material: Do you ever feel like you will never make it through the day without caffeine? Is your first thought in the morning to get yourself a cup of coffee before you can even get your day started? B. Tie to the audience: I am sure that most of you do consume at least one form of caffeine daily because according to the article â€Å"Caffeine† on MedicineNet.com 90% of adults and 76% of children consume caffeine on a daily basis. Do you know what exactly caffeine is? Do you know where caffeine is found? Do you know what the†¦show more content†¦Caffeine does have many health benefits. It is a natural diuretic, which increases urine output, which flushes out toxins and excess fluid. Since caffeine is a stimulant it will definitely wake you up and get that boost of energy you desire. This is why caffeine is ideal for anyone who will be driving long distances. According to energyfiend.com a study in Japan showed that caffeine increases memory and has been shown to decrease the rate of Alzheimer’s. This study also showed that caffeine can decrease depression by increasing Dopamine (A mood altering hormone) in the brain. With the increase in production of Dopamine, daily intake of caffeine has also been shown to decrease the rate of Parkinson’s disease. Just as there are positive effects from caffeine there are also negative effects. Caffeine is addictive. If you are a dedicated daily coffee drinker and one day decide to give it up you will have withdrawal side effects which could include: headaches, anxiety, agitation, and restlessness. Caffeine can also cause an upset stomach, diarrhea, and muscle tremors. It also negatively impacts the body’s sleep cycle. The half-life of one cup of coffee is six hours, this means if you have one cup at 4pm you will still have caffeine in your system at 10pm. This makes it hard to settle down and fall asleep. Even if you do manage to fall asleep it would be difficult to fall into that much needed deep sleep cycle. Which meansShow MoreRelatedCaffeine Speech Essay774 Words   |  4 PagesSpeech Outline Title: Caffeine Specific purpose: To inform my audience about the effects and health issues of caffeine. Thesis: Caffeine can have many different effects on the body depending on the amount of consumption. Introduction A. Attention Getter – How many of you here consider yourself caffeine addicts? How much soda do you drink a day? One bottle? Two cans? More? How about coffee? B. 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Caffeine A. What is caffeine 1. According to the Merriam-Webster dictionary caffeine is defined as a bitter alkaloid C8H10N4O2 (not that any of you care) found especially in coffee,Read MoreSpeech : Energy Drinks, Health Benefits, And Risks1051 Words   |  5 PagesInformative Speech Outline Name: Jackson Lee Speech Title: Energy drinks, health benefits, and risks. Introduction Attention Getting Device: How many of you all drink energy by a raise of hands So a lot people, today in going to tell you the health factors that in valve drinking energy drinks. Thesis/Central Purpose (i.e. The purpose of my speech is to____________) The purpose of my speech today is to inform you the health benefits and negatives of drinking energy drinks. I am also going toRead MoreEnergy Drinks Speech923 Words   |  4 PagesOF THE SPEECH D. Energy drinks speed up your metabolism. 1. A 16 oz. can energy drink may contain 13 teaspoons of sugar and the same amount of caffeine found in 4 or more colas. 2. 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DaphniaRead MoreThe Impact of Drinking too Much Caffeine1275 Words   |  6 PagesAccording to an article from Caffeine Informer(2010), caffeine intoxication is now included in the DSM-5 physicians manual.The official diagnosis can be made when any 5 of the followi ng symptoms are present: restlessness, nervousness, excitement, insomnia, flushed face, diuresis (you keep passing urine), gastrointestinal disturbance (upset tummy, diarrhea), muscle twitching, rambling flow of thought and speech, tachycardia or cardiac arrhythmia, periods of inexhaustibility, or psychomotor agitationRead MoreCaffeine Synthesis1722 Words   |  7 PagesPaper Many Americans have included caffeine as a part of their daily diet whether they realize it or not. In fact, â€Å"caffeine is the most consumed psychoactive substance in the world† (Ruxton How is this instead (Caffeine is especially common throughout†¦) 15). It is found very especially commonly throughout every day foods and consumed mostly though through coffee, tea, soda, and chocolate (Spiller 200). Many Americans participate in the use of caffeine; it is estimated that 90% of adultsRead MoreName That Design Essay646 Words   |  3 Pagesused is an experiment, a quasi-experiment, or a correlational approach and why. If a study is an experiment, identify the independent variable and the dependent variable. Please type your answers in complete sentences. 1. To assess the effect of caffeine on persistence researchers assign their participants to a group that gets a non-caffeinated beverage or a group with a caffeinated beverage. They measure how much time the participants spend on a difficult puzzle. 2. To see whether intelligenceRead More Headaches Their Causes And Effects Essay639 Words   |  3 Pagessymptoms- she would see only half of her teacher and bright lights and flashes up to 20 minutes before her Migraine began. These symptoms are called auras and once they are gone the Migraine begins. The Migraine itself can lead to vomiting, slurred speech, makes the sufferer sensitive to light and worsens when there is a lot of noise. The mechanism is not completely understood, but many women have their most severe attacks during or just before their menstrual period. This is supposedly due to the

Key Tips For A Generous Financial Donations - 1495 Words

STAKERHOLDER KEY TIPS (1)Community Stakeholders a. Generous financial donations b. Innovative giving c. Support for education and job training programmes d. Direct involvement in community projects and affairs e. Community volunteer programmes f. Support for the local community g. Campaigning for environmental and social change h. An employee-led approach to philanthropy i. Efficient and effective community activity j. Disclosure of environmental and social performance (2)Environment Stakeholders a. Environmental policies, organisation and management b. Materials policy of reduction, reuse and recycling c. Monitoring, minimizing and taking responsibility for releases d. the environment e. Waste management f. Energy conservation g.†¦show more content†¦Good rate of long-term return to shareholders b. Disseminate comprehensive and clear information c. Encourage staff ownership of shares d. Develop and build relationships with shareholders e. Clear dividend policy and payment of appropriate dividends f. Corporate governance issues are well managed g. Access to company’s directors and senior managers h. Annual reports provide a picture of the company’s performance i. Clear long-term business strategy j. Open communication with financial community Source: (Spiller, 2000, pp. 153-154) All the companies need a tool to exam their social performance (Hanson, 1995). The Spiller’s (2000) CSR model provide a tool that the corporation can diagnose their performance. And it can combine various management technologies to develop the performance of the corporations. On the other hand, it offered a tool to exam employee satisfaction (Spiller, 2000). There are four main principles in Spiller’s CSR model: Honesty, Fairness, Caring, and Courage. First principle is honesty, which lying in the heart place of CSR model. The wise decision of the companies and the modern economic market all need honest (Spiller, 2000). The participants in the transaction will be deceived if the company lack of honest. Furthermore, the business system will also be impact if the company lack of honest (Solomon, 1992). Second principle is fairness. This principle requires the companies keep fairness with other relationships, whichShow MoreRelatedFinancial Rewards For Living Organ Donors2012 Words   |  9 Pages Financial Rewards for Living Organ Donors Deciding whether or not one would like to become an organ donor should be a relatively simple decision. But becoming a living organ donor, for someone who may need a kidney or liver, is something that is not always possible to those who do want to help. Unfortunately many people incur costs for the life-saving donation. Regardless of the fact that many other types of donors get paid for their donations. Here lies the frustration of many who are waitingRead MoreThe Acquisition of Singapore by the British4058 Words   |  17 Pagesnatural choice. 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Operational Plan for Productivity and Performance- myassignmenthelp

Question: Discuss about theOperational Plan for Productivity and Performance. Answer: SWOT Analysis on the proposal Strengths Increasing trend of MAMILS In favor of the environment New opportunity for those dealing with midlife crisis Weakness Lack of experience in the particular domain The MAMIL may be unable to drop off or pick up the gear. Opportunity Since it is in favor of the environment and an eco-friendly business idea, it can get tax benefits and subsidies for the government. Threats Presence of other competitors who provide a similar service Niche market Analysis of SWOT After the SWOT analysis, it can be observed that the MAMILS who are a group of middle-aged men who ride expensive bicycles and tend to deal in this manner with midlife crises. This is a growing trend in certain countries and if harnessed properly can become a good opportunity. Since, the business idea is environmental friendly and promotes the use of bicycles instead of the cars; this idea can bag various subsidies from the government (Mrcio Tavares Thom et al. 2015). However, the market is a small one at present catering to a small section of the society and these groups have already formed clubs to continue their hobby, they might not take part in the business. No business survives without risks, here the risk being the risk of competition and a niche market. Therefore, the idea can be said to be a `Go`. Name of the Business The business caters to MAMILS and their hobby of riding a bicycle to overcome midlife crises, therefore, the name of the business can be `` RIDE TO A CAREFREE LIFE(RACL)``. Mission Statement A mission statement can be defined as a brief statement that states the firms purpose and elaborates on the scope of business stating the kind of service or product the company provides the market and target audience and its region of operation. The mission statement of RACL is as follows: We provide the best experience for the best people. The Vision Statement The vision statement can be described as a statement, which provides the long-term goal of the organization in other words where it sees itself in the next few years (Tuomikangas and Kaipia 2014). Vision statement of the company: To become the largest franchise group offering high experience to consumers and employees alike. Value statement A value statement can be described as a declaration statement that tends to inform the staff of the company as well as it customer about the firm`s top priorities and the core values and beliefs of the firm (Thom 2012). This statement is used to connect with the tarot market and remind the employees about its priorities and goals o the firm. Value statement of RACL RACL operates by Integrity, Customer Service, Quality and Innovation. The firm will consist of Firm head followed by a managing director. This firm head will look after the various departments named Marketing, Finance, Service and Maintenance, Human Resource and Event Management (Hair Jr and Lukas 2014).(Refer to Appendix, Figure 1) Management Plan for the marketing Department The management plan of the marketing department is as follows: Under the marketing head, The brand will be defined. A campaign management for marketing initiatives will be conducted Promotional and marketing materials will be arranged. The social media page on twitter and face book will be managed by a team of two. Conducting customer and market research will be done by a team of four. Looking after the vendors and agencies. These agencies are the ones that produce the marketing materials for the market support like ad agency, print vendors, PR agencies and web providers (Czinkota and Ronkainen 2013). Key Result Areas for the Marketing department: Brand and communications Building the brand and provide insights on clients and give feedbacks to the support group (Perreault Jr Cannon and McCarthy 2013). Marketing and Communications campaign-Responsible for implementation of communications and marketing programs and effective development of the same for the customers. Operational Plan Brand and communications Strategies Timeframe Persona Responsible Budget Other Resource Effect regular communication with the members and potential members Quarterly basis Jan, April and July Xyz Photocopy consumable Photocopy Machine Advertising major events Through print and broadcast media Advertisements in newspapers once every month XYZ 2 Advertisement $1500 Marketing and Communications Campaign Strategy Timeframe Person Responsible Budget Additional Resources Conduct social events appealing to the target audience Conducted every month XYZ3 2000$ Temporary staff Conducting visit to men`s club Two visits per month XYZ 4 Salary $20000 Trailer $ 1000 Purchase of trailer Key additional resources required: The key resources required are Temporary staff, trailer and the Photocopy Machine. Strategy to obtain these resources: The strategies to achieve these resources include: Formation of a report and submitting it to the Managing Director Forming a budget to identify the money required to obtain the resources (Hollensen 2015). The report shall include the predicted results from the application of those resources to the activities. Key milestones for implementation of Organizational Plan 8 club visits to be conducted Five newspaper advertisements printed. 100 newsletters sent 2 social events conducted Checklist to monitor the Organizational Plan Activity Indicators Information Sources Person(s) Responsible Cost Completion Schedule Monitoring Processes Are program support/follow-up mechanisms in place? Are program reporting mechanisms in place? Are resources in place Staff hiring/training Budget allocations and access Communication/IT Data management Outside agency(ies) contracted Monitoring Implementation of Activities [Meetings, Social events, Mass communication] Did the tasks/activities take places on schedule at the planned frequency? Were the deliverable benchmarks met? Were the deliverables distributed to the relevant recipients? Were broadcasts made according to schedule? Were activities within budget? Monitoring Program Coverage Are planned numbers of the participant groups being reached over time? Monitoring Quality Was the content/quality of the deliverables acceptable? Are the messages appropriate for each participant group? The features to effectively monitor and review the implementation of the Operational Plan The features that will be effectively monitored are: The social events that will be taking place- Their success, management and customer response The club visits- Whether the enrollment increases with every visitor it remains the same. Newsletter responses-Whether the newsletters sent to the customers initiate response (Wilson et al. 2012). Once these features are monitored, the success of the implementation of the Operation Plan can be reviewed. References Czinkota, M.R. and Ronkainen, I.A., 2013.International marketing. Cengage Learning. Hair Jr, J.F. and Lukas, B., 2014.Marketing research(Vol. 2). McGraw-Hill Education Australia. Hollensen, S., 2015.Marketing management: A relationship approach. Pearson Education. Mrcio Tavares Thom, A., Felipe Scavarda, L., Suclla Fernandez, N. and Jos Scavarda, A., 2012. Sales and operations planning and the firm performance.International Journal of Productivity and Performance Management,61(4), pp.359-381. Perreault Jr, W., Cannon, J. and McCarthy, E.J., 2013.Basic marketing. McGraw-Hill Higher Education. Thom, A.M.T., Scavarda, L.F., Fernandez, N.S. and Scavarda, A.J., 2012. Sales and operations planning: A research synthesis.International Journal of Production Economics,138(1), pp.1-13. Tuomikangas, N. and Kaipia, R., 2014. A coordination framework for sales and operations planning (SOP): Synthesis from the literature.International Journal of Production Economics,154, pp.243-262. Wilson, A., Zeithaml, V.A., Bitner, M.J. and Gremler, D.D., 2012.Services marketing: Integrating customer focus across the firm. McGraw Hill.

3 Parallel-Structure Problems

3 Parallel-Structure Problems 3 Parallel-Structure Problems 3 Parallel-Structure Problems By Mark Nichol Each of the following sentences has an organizational flaw. A discussion of each is followed by a suggested revision. 1. People who are successful at careers in fashion design are hardworking, detail oriented, and love apparel. Each of the three qualities of successful fashion designers must be preceded by a verb, or they all must share one- or the first two must be connected by a conjunction in order to share one. Here, hardworking is supported by are and apparel follows love, but â€Å"detail oriented† is orphaned. The sentence must be restructured so that â€Å"detail oriented† shares are with hardworking: â€Å"People who are successful at careers in fashion design are hard working and detail oriented and love apparel.† (â€Å"People who are successful at careers in fashion design are hard working, are detail oriented, and love apparel† is also correct, but the first two qualities are closely related as terms that refer to aptitudes as opposed to the attitudinal quality of an interest in attire, so sharing of a conjunction seems more appropriate.) 2. Gluten has been blamed for everything from weight gain, bloating to mood issues such as depression. A list of factors must be organized as a list or a spectrum, but this sentence, although it is constructed to express a range of several factors, mixes the approaches. For consistency, the factors should be separated by prepositions only, without punctuation: â€Å"Gluten has been blamed for everything from weight gain to bloating to mood issues such as depression.† 3. Site users can be matched by location, gender, age, sexual orientation, and they’re encouraged to post a photo and personal description. The independent clause that follows the conjunction and is not part of the list in the preceding independent clause, which requires and before the final item in that list: â€Å"Site users can be matched by location, gender, age, and sexual orientation, and they’re encouraged to post a photo and personal description.† Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Style category, check our popular posts, or choose a related post below:Grammar Test 1English Grammar 101: Verb MoodPredicate Complements

Corporate finance and Volatility

Corporate finance and Volatility Introduction Stocks’ beta expresses how much the stock prices may change as a result of changes in the financial market prices. A stocks beta of 1.06 indicates that for a 1% change in general market prices, the price of the particular stock will change by 1.06%. Such a stock price is considered to be less volatile.Advertising We will write a custom assessment sample on Corporate finance and Volatility specifically for you for only $16.05 $11/page Learn More Assets’ beta is the average of the different sources of finance that a firm chooses. The assets’ beta for a company that has been financed without debts is equal to equity’s beta. Weighted cost of capital represents the least amount of return that an investment can offer stakeholders. When the expected rate of return from a project is lower than WACC, it is considered unviable. Managers may consider those that break-even because of the economic level of returns. However, a proj ect must have a higher rate of return than WACC before wealth is created for holders of securities. A majority of firms uses debts to finance growth rather than wait for the profits. Fabozzi et al. (2008, p. 507) discuss that when a firm has no debt, â€Å"the beta of its equity is the same as its assets’ beta.† They also note that it is very rare for a company to operate without incurring some debts. Using debts makes a company’s equity riskier. Fabozzi et al. (2008, p. 507) explain that financial leverage causes â€Å"the market risk of a company’s stock to be higher than its asset’s risk.† In that case, equity’s beta exceeds assets’ beta. When the firms choose to fund assets by a combination of equity and debts, the risk involved is shared between the two groups of stakeholders. Fabozzi et al. (2008, p. 508) discuss that the â€Å"asset market risk is the weighted average of the company’s debt beta and equity beta be cause the asset’s risk is shared between creditors and owners.† In simple terms, the asset beta = debts beta (fraction of assets from debts) + equity beta (fraction of assets from equity). The equation of assets’ beta average is true because the variations from equity’s and stocks’ betas are correlated. The effect on one source of capital influences the chance of the other sources volatility.  Corporate taxable income is generated after deductions of interest paid on loans. The effect reduces what a firm pays as tax which makes their burden less. On the other hand, interest received by creditors is taxed after it is paid to them.Advertising Looking for assessment on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More As a result of interest on debt being deductible, debts beta in most cases is assumed to be negligible.  WACC is used to â€Å"evaluate the impact of debt-financin g on risk and returns to investments† (Geltner et al. 2010, p. 307). Leverage is a term used to describe the common practice used by firms to fund their projects from debts, and equity. The WACC is derived from the formula of basic holding period return (HPR). The formula expresses assets as a sum of debts and equities. It also equates property cash flow to the sum of debt cash flow and equity cash flow. The returns received are shared by holders, and creditors. It is derived from the returns to capital generated by the firm. WACC represents the least rate of return on a project that evaluators consider before allowing a business plan to be implemented. The formula for WACC as presented by Hawawini Viallet (2011, p. 410) is shown below. In this case, kE represents cost of equity and kD is the cost of debt before taxation. Bierman (p. 195) discusses that WACC can be interpreted as â€Å"the cost of both current capital and an additional dollar of new capital if the existing capital structure is maintained†. The existing capital structure refers to the percentage of debt and securities that have been used to finance a project. Debts tend to reduce WACC because of tax deductions. As it can be seen in the formula â€Å"1 – tax rate† has a lesser effect on WACC compared to equity when the cost of capital is considered equal for both equities.  WACC includes returns to creditors and shareholders. Baker and Martin discuss that WACC is the â€Å"cost of raising funds to the firm† (2011, p. 192). On the other hand, it is the rate of return that investors consider before lending a firm. Creditors receive interest on money owed to them. Shareholders expect dividends, and gains in market value. The gains in market value are only possible if the firm chooses growth opportunities with higher rates of return than WACC. A firm can only add value to its capital after exceeding the rate of return owed to investors. The investors evaluate th e firm’s strategy, opportunities of growth, and risk.Advertising We will write a custom assessment sample on Corporate finance and Volatility specifically for you for only $16.05 $11/page Learn More When a business opportunity promises slow growth, investors consider it as a high risk investment. Slow growth reduces a firm’s ability to repay its debts. For this reason, investors may require higher interest rates which may make a project unviable. The rate of return expected by investors also depends on what other financial assets receive as returns. Firms choose to finance their assets with a mixture of debt, preference shares and common equity. They choose a mixture that optimizes the price of their stock. Besley and Brigham (2009, p. 485) discuss that WACC â€Å"represents the minimum return the firm must earn on its investments to maintain its current level of wealth†. Besley and Brigham (2009) provide the formula below for calculati ng WACC. The WACC of most companies represents the average cost of its capital. Lumby and Jones discuss that the WACC of most companies may not be used to rate individual projects because most companies have their investments diversified (2003, p. 427). The WACC in most cases reflects the â€Å"average level of systematic risk throughout all its operations† (Lumby and Jones 2003, p. 427). Companies consider diversification as a means of reducing risk. The volatility of an individual project carried out by a company is unlikely to be represented by WACC because most companies calculate the overall value. The returns expected from different securities vary. Different capital sources carry different weights. Lumby and Jones (2003, p. 748) explain that â€Å"changing a firm’s capital structure changes its WACC†. Debts are an obligation. They are considered before financial assets. Dividends and other benefits are paid to preference shares before common shares.Adver tising Looking for assessment on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Importance of WACC A higher WACC will require that the performance must be higher before generating wealth for stakeholders. Megginson Smart discuss that firms use WACC to value the amount of effort needed before the firm can actually generate returns for shareholders (2010, p. 420). The firm’s market value declines if its WACC increases as a result of factors that the firm cannot control. Megginson Smart discuss that when a firm’s WACC is increased by an event it cannot address â€Å"its existing assets and its prospective investment opportunities become less valuable† (2010, p. 420). Such an effect can be expressed through a drop its market value. Such investments may go for a long period without dividends. Calculating the cost of capital Cost of capital involves what investors are willing to receive regularly as a result offering finances. Benninga Czaczkles discuss that the present value of stock can be obtained from the discounted annuity values using an ticipated growth in dividend streams (2000, p. 28). They give an example in which the expected growth of dividends is 10%. The following year, the dividend received on each share is $3. The present value of each share (Po) can be expressed as shown below. In this case, rE is the cost of equity/discount rate. D1 is used to represent the expected dividend, and g to represent the expected dividend growth rate. According to Benninga Czaczkes (2000, p. 29), the formula is summarized as shown below. This formula holds only for firms with normal growth. This is the Leonhard Euler derivation. For supernormal growth where g rE, the Gordon Model is applied. The formula for the Gordon Model which has been discounted over five years can be expressed as shown below. According to Benninga Czaczkes (2000, p. 31), the cost of equity under Gordon Model is expressed as shown below. Considering that anticipated dividends can be expressed in terms of the dividends received in the current year (Do ). The formula for the cost of equity is expressed as shown below. In the classic SML (Security Market Line) model, the formula for calculating the cost of equity is expressed as shown below (Benninga Czaczkes 2000, p. 35). In this case, rf represents the rate at which investment is considered safe, and E(rM) represents the interest rates that the financial market are expected to generate. The risk-free rate of return is reflected in financial assets with the least amount of risk such as interest rates on securities issued by government (Bennninga Czaczkes 2000). Treasury bills are considered risk-free indicators because governments are unlikely to default. When the expression is adjusted to integrate corporate tax, the expression becomes as shown below (Benninga Czackles 2000, p. 36). TC is the corporate tax rate. The cost of newly issued stock is expressed as shown below (Calculating the Cost of Capital n.d., p. 3). The cost of retained earnings is expressed below using ris k-free rate, market expected rate, and stocks beta (Calculating Cost of Capital n.d, p. 2). using the discounted cash flow approach. Cost of debt The cost of debt has different approaches. Benninga Czaczkes (2000) discuss that the cost of debt can be estimated using a firm’s existing average cost of debt even though it is not an accurate measure. The cost of debt is expressed as shown below (Calculating Cost of Capital n.d., P. 1). rd is the rate of return expected by investors to be paid on debts. Cost of preference capital Preference capital is associated with preference shares. Debts reduce the amount of corporate tax that a firm is entitled to pay. Khan Jain (2007) discuss that preference share differs from debts because payments on preference shares are made after tax deductions. Some preference shares are redeemable at maturity while others do not have a fixed maturity date. Both types receive annual fixed rates of return. Khan Jain (2007, p. 11.10) express the co st of irredeemable shares in two expressions as shown below. In this case, kp represents cost of preference capital, Dp is the fixed dividend, Po is the expected preference share price, f is the floatation costs expressed as a percentage of share price, and Dt is the tax rate on preference shares dividend. Preference shares that have a maturity date and a stream of earnings are discounted to a present value. Khan Jain (2007, p. 11.10) express that the cost of preference shares with a maturity date â€Å"is the discount rate that equates the net proceeds of sale of preference shares with the NPV of future dividends and principal repayments†. This means that capital gains that an individual obtains today from sales are compared to the gains of holding the preference shares to maturity. The cost of preference shares with a maturity date is expressed as shown below. Po represents share price, f is the flotation cost expressed as a percentage of share price, Dp is for dividend, and Pn is the amount paid at maturity. Kumar (2010) gives a more simplified formula for the cost of redeemable share capital as shown below. D represents dividends, M.V is the value on maturity, N.P is the net streams gains received on preference shares, n is the number of years. Using the average cost of 25% tax, the asset beta can be calculated using the formula below. The asset beta is expressed as: asset beta= Equity beta/ (1 + (1 – tax) D/E) (Asset Beta n.d.). D is the percentage of financing received from debts, and E from Equity. Asset beta = 1.06/ (1+ (1 – 0.25) 0.35/0.65)) = 0.755 However, since the tax rate is still unknown, the cost of equity can be estimated using stocks’ beta and market rate of return. The WACC is then used to express the volatility of expected returns. From this formula equity beta can be generated as follows: cost of equity = risk free rate of return + beta (market rate of return – risk free rate) Cost of equity = 0.0395 + 1.06 (0.0601 – 0.0395) = 0.061336 KE is the cost of equity and KD is the cost of debt before taxation The value of Equity/ total capital can be expressed as: Equity = 45/60 * 100% = 0.75 The value of debt as a fraction of the total capital is represented as: Debt = 15/60 * 100% = 0.25 WACC = (0.75 * 0.061336) + (0.25 * 0.0485) = 0.046002 + 0.012125 = 0.058127 This is approximately 0.058. The WACC estimates the least returns expected from investments. It influences the volatility of stock prices. From the expression in the question: This indicates that the assets’ beta can be calculated from the sum of the product various sources of capital and their beta. Asset beta = (0.75 * 1.06) + (0.25 * 0.058) = 0.795 + 0.0145 = 0.8095 Asset beta = 0.8095 The volatility of the stock market is derived from the asset beta. A value of less than 1 indicates that the assets are less volatile. b) The same formula is applied to calculate the asset value of Coral Gambles’ Asse t beta by first calculating the WACC. This is used as an estimate of the debt beta. From, the explanations above, the debt beta is always close to zero. WACC = (0.65 * 0.061336) + (0.35 * 0.0545) = 0.0398684 + 0.019075 = 0.0589434 WACC value of 5.9% (0.0589) indicates that an additional unit of capital may cost the firm 5.9% interest. The firm must invest in projects that generate above the 6% rate of return for shareholders to get capital gains. Asset beta = (0.65 * 1.06) + (0.35 * 0.059) = 0.689 + 0.02065 = 0.691 According to Bragg (2012, p. 142), the cost of common stock is â€Å"risk-free return rate + beta (average stock return – risk free return†. From this formula, it can be derived that stock beta = (cost of stock – risk-free rate) / (expected market return – risk-free rate) Cost of stock = 0.0395 + 0.691 (0.0601 – 0.0395) = 0.054 Coral Gambles’ Stocks beta = (0.054 – 0.0395) / (0.0601 – 0.0395) = 0.0145/ 0.0206 = 0.703 9 The common stock’s beta indicates the value by which the firm’s stock price changes as a result of variations in the general stock prices. A value of 0.7039 indicates that when the market value changes by 1%, the stock price of Coral Gambles varies by 0.7%. This shows that Coral Gamble stock price is less volatile that the overall market prices. WACC = (0.65 * 0.0601) + (0.35 * 0.0545 (1 – 0.25)) = 0.039065 + 0.0143 = 0.053365 From this calculation, it can be interpreted that investments must generate above the 5% rate of return for the project to add value to shareholders. The least acceptable cost of capital is 5%. This is the point where the firm operates at break-even. Conclusion The market stock’s beta of the similar company is more volatile than Coral Gamble stocks or the general market price. Coral Gamble stock price is less volatile than the average market prices. The WACC for both companies indicate that the CFO needs to search for growth oppo rtunities that generate more than 6% rate of return. Investors may consider interest rates that are close to 5%. The price (Po) generated in the calculation of share price is the discounted value of the current share price, and expected income streams. The income streams are paid to shareholders as yield per share or dividends. The assets’ beta indicates less volatility than stocks’ beta. However, the stock’s beta generates its volatility from assets’ beta. The Coral Gamble assets’ beta indicates that the firms assets are more stable than shifts in market prices, and interest rates. The asset beta has been calculated as a sum of the impact caused by the volatilities of different sources of capital. It can also be calculated from the equity beta, ratio of debts to equity, and tax rate. Equity beta is the beta quoted by financial reports as stock price volatility. Assets’ beta is equal to equity in situations where a firm has not used debts to finance its assets. The impact of debts’ beta on asset beta is reduced by the fact that it reduces corporate tax. Reference List Asset Beta n.d. Web. Baker, H, Martin, G 2011, Capital Structure and Corporate Financing Decisions: Theory, Evidence, and Practice, John Wiley Sons, Hoboken. Benninga, S, Czaczkes, B 2000, Financial Modeling, Massachusetts Institute of Technology, Cambridge. Besley, S, Brigham, E 2009, Principles of Finance, South-Western Cengage Learning, Mason. Bierman, H 2010, An Introduction to Accounting and Mangerial Finance: A Merger of Equals, World Scientific Publishing, London. Bragg, S 2012, Business Ratios and Formulas: A Comprehensive Guide, John Wiley Sons, Hoboken. Calculating the Cost of Capital n.d. Web. Fabozzi, J. F, Drake, P. P, Polimeni, S. R 2008, The Complete CFO Handbook: From Accounting to Accountability, John Wiley Sons, Hoboken. Geltner, D, Miller, N, Clayton, J Eichholtz, P 2010, Commercial Real Estate Analysis Investments, Ceng age Learning, Mason. Hawawini G, Viallet, C 2011, Finance for Executives: Managing for Value Creation, South-Western Cengage Learning, Mason. Khan, M, Jain, P 2007, Financial management, Tata McGraw-Hill, New Delhi. Kumar, V 2010, Cost of Preference Share Capital. Web. Lumby, S, Jones, C 2003, Corporate Finance: Theory and Practice, South-Western Cengage Learning, Mason. Megginson, W, Smart, S 2010, Introduction to Corporate Finance, South-Western Cengage Learning, Mason.

Case study 4 Assignment Example | Topics and Well Written Essays - 1000 words

Case study 4 - Assignment Example e CNC Machine Maintenance Field Service Technician level will allow the employee that is hired to be able to take advantage of various offerings that make him or her more marketable in the present competitive job market. This quality of improved knowledgeability will greatly benefit the candidate as the engineering industry is constantly experiencing advances in various sectors. This means that engineer have to constantly be engaged in learning new skills or technologies in order to remain relevant. It also means that with the release of new operating systems in the engineering field, the workers have to be prepared to make constant adjustments to their thinking patterns. The candidate will be encouraged to embrace this process by being among a group of people that is invested in realizing the necessary changes. By working in the offered position, the candidate will also get a chance to experience what working with other people entails. Engineering can be challenging for people who are impatient. This is because they may have to cooperate with clients or co-workers who have not reached their level of expertise. Obviously, patience becomes an important skill that the engineer acquires in such cases. The candidate will also be able to benefit from the opportunity by acquiring better communication skills. This is particularly true where engineers, who work in remote areas, as do many field service engineers, are concerned. Effectively handling the task of remote support calls for a patient and understanding personal character. When out in the field, the engineers also have to be able to maintain communication in spite of differences of opinion or less than cooperative customers. The candidate screening process will be less concerned with computer recommendations and more based on face to face interviews. In the first stage, different recruiters will conduct prescreen calls in which they will speak with all the applicants about their backgrounds, and seek to

Improving Organisational Performance Essay Example | Topics and Well Written Essays - 3000 words - 2

Improving Organisational Performance - Essay Example Objective Setting 7 Reviewing What and How 8 Overall Performance Rating and Rewarding basis on the appraisal 8 Challenges and Negative effects of Performance Management System 9 Balanced Proposals 10 Implications for Line Managers 11 Conclusion 12 References 14 Appendix 16 Introduction Performance management is a systematic progress that improves the performance of an organization by the improvement of individuals’ skills and effectiveness (Deb, 2009, p.36). Moreover, it increases the efficiency of team and helps to achieve the business and organizational objectives. Performance is explained apparently, which is the achievement of qualified objectives. The proper implementation and practices helps the employee of the organization to achieve the personal as well as organizational goal. The other important aspect of performance management of organizations is it helps to maintain the goal significantly (Caldwell, 2002, p.19). Performance management is one of the important elements of organization control system and Human Resource Management (Pravin, 2007, P.583). Performance management helps to provoke organizational and employee development by its methods. It also covers the strategic development by several modifications through its methods. Moreover, it facilitates indirect control of employees be setting up a clear target (Bhatia, 2003, p. 39). In order to achieve the objective of the study, Tesco and Sainsbury the two leading retail organizations of UK has been selected. They study will critically evaluate the Performance management in Tesco and Sainsbury. Moreover, the study will explore the challenges that have been encountered by the use of performance management in these two leading retail chains in UK. The study will develop a balanced proposal in order to overcome the challenges. The implications for line managers are also have examined by this study. Finally the study ends with a conclusion. Ev aluation of High Performance Work and Performance Management System in Tesco Tesco organization structure is kind of a bureaucratic structure as authority and power flows from the top level to bottom level in the organization. This equilibrium has the similarity in the performance management system and reward structure. In Tesco, the top management employees earn more reward comparing to the employees who exists in low level of the organization. However, the overall reward and performance management system and the Performance Steering Wheel is the key reason of the organization success story of Tesco (Jolly, 2009, p. 397). Customer, Community, Employees, Operations and Finance are the major elements of the Tesco’s performance steering wheel (Figure 1). From this steering wheel the employee’s aspect has been discussed in this study in order to evaluate the performance management framework of Tesco (Barrow, 2011, p. 93). Performance Management Framework Sir Terry Leahy i s the chief executive of Tesco, who is supremely responsible for the growth of organization. He had developed a clear map, direction and a compass in order to attain a strategic growth. The management team of Tesco has decided to develop and structure a performance management framework in order to develop a strategic goal of the organization. The performance management framework has created several key performance indicators in Tesco. The major purpose of this approach is to steer Tesco towards success. Performance steering wheel was developed by Tesco in the year 2009 in order to fulfil the organization as well as individual objectives (Taylor and Nichols, 2010, p.11). It has created the groth opportunities for the employees. The adoption of this framework has made the jobs interesting for the

All couples should have the right to a child Essay Example for Free

All couples should have the right to a child Essay With reference to other aspects of human experience, explore the view that all couples should have the right to a child. Justify your answer. [15] Many would agree with this statement, because parenthood is a human right: â€Å"Parents have the exclusive right to determine freely and responsibly the number and spacing of their children.† Humans have personal sovereignty, which is to be free of the control or coercion of others. Therefore they should be allowed to make their own decisions about their families. The issue becomes more complicated when infertility is involved. This is especially so in cultures where a woman’s worth is based on her ability to produce children. If she does not receive reproductive technology she could face isolation from her community. Looking at the UK, it could be argued that the purpose of the NHS is to solve our health problems, and infertile could be regarded as a health issue. 1 in 6 couples are infertile and there have been 70,000 IVF babies born in the UK. Infertility can have severe emotional impact on a couple and can strain the relationship. It is paradoxical that the NHS will fund abortions but not IVF (in some areas). They are denying desperate couples of their right to a child. The BBC documentary Don’t Take My baby is a good example of a couple who fought hard for their right to a child. It documented the story of a young disabled couple whose every move was monitored by social services as they raised their newborn baby. The mother was wheelchair bound and the father was visually impaired. The father argued that that even if able-bodied people are poor parents, they are never subject to the same amount of scrutiny disabled parents have to go through. The state has no right to decide who has the right to a child, or else we risk becoming a totalitarian society where only the highest calibres of people are permitted to have children. On the other hand, those who disagree would argue that a child is a privilege, not a right. There are some couples that would be better off not having children, such as those with violent criminal convictions where the child would be at risk of harm. With rights come responsibilities. If you cannot live up to the responsibilities of parenthood, then you forfeit your right to a child. Many would use this line of argumentation to dissuade homosexual couples from adopting, because they cannot responsibly provide a child with a father and mother. If the use of reproductive technology grants every couple the right to a child, we risk viewing children as a commodity. The production of children could become commercialised, as is already happening in India. In November 2015 the Indian government banned foreign couples from using Indian surrogates due to fears that poor mothers were being exploited (they received around  £2000 per pregnancy). Additionally, even with IVF some couples will never conceive. They only have a 20% chance. Perhaps infertility is not a health problem that can be solved, but is the will of God: â€Å"’Shall I, who cause to bring forth, shut the womb?’ says your God.† (Isaiah 66:9) Just because a couple does not have the right to bear their own children does not mean that they cannot be parents. In Northern Ireland alone there were 2,785 children in care during 2015. Rather than pouring money in reproductive technology, we should encourage infertile parents to adopt or foster. They can still experience the joys of raising a child, and the child will be saved from a life of never having a permanent home. To conclude, not every couple should have the right to a child. However, we should show immense love and compassion towards those struggling with infertility. To quote Laura Bush, â€Å"For those who deeply want children and are denied them, those missing babies hover like silent ephemeral shadows over their lives.†

Evolutionary Basis for Ethics and Morals :: Science

Evolutionary Basis for Ethics and Morals With the advent of Darwin's theories of evolution and the rising popularity of biological science as the explanation of human origins, it is perhaps no surprise that philosophers began to tackle the notion of ethics and morals from an evolutionary perspective, eschewing reliance on religious texts and yet seeking to find in science the basis for such characteristics that have long been under the purview of religion and used to separate humanity from its fellow animals. While sociobiologists studied "the evolution of interrelations between organisms in pairs, groups, herds, colonies, [and] nations," both Thomas Hobbes and Friedrich Nietzsche attempted to derive the origins of such groups and nations and the foundation of their morality by using an biological evolutionary model (Dennett 483). Hobbes and Nietzsche tell stories of their own making to explain how such "moral" civilizations were brought into being. In the Hobbesian version, humans once existed in an amoral state in which there was no concept of good and evil – simply good and bad, with all ethics removed. For example, "although they distinguished a good spear from a bad spear...they had no concept of a good or bad person, a moral person, or a good act, a moral act – or their contraries, villains and vices" ( Dennett 454). Mankind persisted in this "state of nature...nasty, brutish and short," Hobbes believed, until several enterprising members of the population arrived at the notion of a "social contract." Instead of remaining in constant competition with each other, humans began to band together outside of simple insular family groups for the protection and sustenance of all – the state, in its nascent form. Dennett draws attention to "Lynn Margulis' story of the eukaryotic revolution," which does provide a useful basis for comparison between the evolution of human civilization and the evolution of species (Dennet 454). "Throughout the Precambrian period," Ernst Mayr writes in What Evolution Is, "the rich diversity of protists gave rise to multicellular descendant, some of which then led to plants, fungi, and animals," and indeed the change from simple prokaryotes to the more complex eukaryotes, and from single-celled eukaryotes to multicellular eukaryotes, seems to mirror human development into ethical beings – assuming that Hobbes' story is true (Mayr 60). The multicellular organisms, "which, thanks to a division of labor among a gang of specialist cells," could now pursue a more complex and

Diversity Organization

It is visible to see that women have come a long way in our nation to now from the beginning of our construction. It was not easy, and many issues are still not completely solved, because of stereotypes and discrimination against women. Stereotypes such as â€Å"women are bad drivers† and â€Å"women should not be paid as much as men†. However, there are many organizations that have been founded and used to help in fighting against such discrimination, and help in supporting women in equal rights, in places, such as the workplace and society in general. When our country was first forming, women were unable to vote for a very long time after it was decided they could not. They also had were expected to play certain roles, such as staying at home to do the housework, take care of the children, clean, and cook. The strength of women â€Å"shined† through in the most visible way during WWII. Many women were obligated to maintain their usual roles, and do a lot of the work the men would be doing, because the men were away at war. Women were also not offered the educational benefits men were in our history also. It was pretty set in stone that the men were â€Å"the thinkers†, and that there was no need to educate women. It is much different now. Women are able to receive education just as easy as a man can, not to mention the laws that have been made to protect the equality rights of women and men. The roles in women have changed drastically. It is now â€Å"the norm† to see a woman with a career, and many that have families too. Many households now share all of the household responsibilities, and often time the finances too. However, not everyone agrees that this has been a positive step in our nation since the Civil Rights Act. Many people still believe a woman should stay home and continue the role that was planned for them in the first place. A major issue that raises these opinions is the amount of crime and problems our nation has with our youth. Many believe that this has increased because of the amount of time that is taken from parents and their children because of both parents working. The â€Å"male vs. female† concept is seen in today’s society has equal in most parts, but there will always be the differences in both. They are each different in anatomy and many mental factors. Our society and media base many things on sexuality and gender. For example, the body washes and bathroom line designed for men, called Axe shows images that â€Å"prove† to attract women to them because of their smell and good looks. People have been used as sex idols, both male and female, but the disrespect and objections that have been formed around women are at a higher risk. This type of advertisement promotes sexuality and creates more issues in equality and respect of both genders. Socially GLBT people have faced much discrimination throughout time. Much of this has to do with religion, and the belief that homosexuality is wrong. I believe historically it was not to be spoken of, and even homosexuals themselves would never â€Å"come out† about their sexuality, because of how negative society was about the issue. With this being said there were no studies or research being done about it for society to gain knowledge about the topic. Today GLBT people face discrimination, but have been given more rights. Many scientists and psychologists have also done a tremendous amount of studies and research on the topic, giving society more knowledge about them and their reason and choice of lifestyle. Religion is the main barrier now between society and GLBT people. Even though there have been laws that reserve the rights of GLBT people, many people will not â€Å"budge† in their opinion on the topic, because in most religions it is considered a sin. This makes it hard for society to want to reserve certain rights for them, such as marriage. However, throughout time there has been much change in many people’s opinions, because of knowledge in diversity, science, and psychology. They have more welcoming atmospheres than they did in the past. For example, in Chicago there is an annual â€Å"Gay Pride Parade† that invites people to support the rights of homosexuals. Workplaces have been more acceptable also, not only because of laws, but also, because they are more familiar with the topic due to the knowledge provided today through media, school, and our communities. It is a more open topic, and even though it is not approved of by many people, it is being more accepted. The main issue that GLBT people are dealing with and fighting for today is the right to be married to another person of the same sex. For laws to be passed, citizens must vote for them, and many people still do not believe it should be allowed. However, there are some states that have made it legal. With diversity and knowledge our country can improve these attitudes and opinions about equality in women and GLBT people of our nation. Our nation has come a long way, especially for how young we are. Our human service organizations and law can be of the most aid in solving these issues. There has been a lot of damage in equality throughout our history, and unfortunately some will never be solved because of the believes that have been taught and practiced for many years. However, our Constitution and many laws give society the chance to fight against non-equal acts and rights as an American citizen.

Essay on Evaluating the Beck Anxiety Inventory - 2120 Words

Evaluating the Beck Anxiety Inventory The Beck Anxiety Inventory is a 21-item scale that measures the severity of self-reported anxiety in adults and adolescents. The inventory was created by Aaron T. Beck and his colleague, Robert A. Steer, at the Center for Cognitive Therapy, University of Pennsylvania School of Medicine, Department of Psychiatry. The most recent edition was published in 1993 by The Psychological Corporation, Harcourt Brace Company in San Antonio, TX. The first edition was published in 1988. The 1993 edition recommends different scoring guidelines than previous editions. There is only one form and one manual as part of the Beck Anxiety Inventory (BAI). To purchase the BAI in 2010, the manual and 25 scoring sheets†¦show more content†¦The items of the BAI were drawn from three earlier self-report instruments that measured various aspects of anxiety. The BAI was developed with adult psychiatric outpatients and the manual recommends using caution with other clinical populations. Reliability The manual discusses internal consistency and test-retest in terms of reliability. Internal consistency is measuring how scores on individual items relate to each other or to the test as a whole. In two subsample studies, high internal consistency was found. In the first study, with a mixed sample of 160 outpatients, Beck, Epstein et al. (1988) reported that the BAI had high internal consistency reliability (Cronbach coefficient alpha = .92), and Fydrich et al. found a slightly higher level of internal consistency (coefficient alpha = .94). This means that the items on the BAI are all measuring the same variable, anxiety. Test-retest is testing for a relationship between a score from one test given at two different opportunities. A sample of 83 outpatients from the Beck, Epstein et al. study completed the BAI one week after their initial intake evaluation and before starting cognitive therapy. The correlation between intake and one-week BAI scores was .75 (p .001). This means that the patient’s responses were consistent from the first test to the second test a week later. Validity The manual considers five types of validity: content, concurrent, construct,Show MoreRelatedThe Beck Anxiety Inventory Developed By Aaron T. Beck2294 Words   |  10 PagesGeneral Information The Beck Anxiety Inventory (BAI) [1993] is an anxiety inventory developed by Aaron T. Beck, an American psychologist noted for his research in psychotherapy, psychopathology, suicide, and psychometrics ().The BAI is published in 1990 and 1993 by The Psychological Corporation. The Psychological Corporation is a privately held company located in San Antonio, Texas. The address for The Psychological Corporation is 19500 Bulverde Road San Antonio, TX 78259. Psych Corp’s phone numberRead MoreAnalysis Of Beck Depression Inventory, Second Edition ( Bdi II )1569 Words   |  7 Pageslengthier response, using the principles and considerations in evaluating tests that have been discussed in your text and in class. 1. Title of test: Beck Depression Inventory - Second Edition (BDI-II) 2. Author(s): Aaron T. Beck, Robert A. Steer, Gregory K. Brown 3. Publisher: The psychological corporation 4. Date of publication: 1996 5. Grade or age levels covered: This measure can be administered to individuals ages 13 years and older (Beck, Steer, Brown, 1996). 6. Purpose of test or measure. DescribeRead MoreGeneralized Anxiety Disorder and Its Screening Instruments1291 Words   |  5 PagesGAD and GAD Screening Instruments Generalized anxiety disorder (GAD) is characterized by persistent, excessive, and unrealistic worry about everyday things. 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AlsoRead MoreCase Assessment1307 Words   |  6 Pages -depressed -helpless -anxious †¢Behaviors -yelled at daughter; blamed daughter †¢Recent Situations -late for school and daughter was hiding in closet -daughter refused to go to bed Diagnosis Axis I: R/O Generalized Anxiety Disorder R/O Major Depressive Disorder V61.10 Partner Relational Problem V61.20 Parent-Child Relational Problem Axis II: V71.09 No Diagnosis Axis III: None Axis IV: None AxisRead MoreAn Overview of Becks Cognitive Theory of Depression in Contemporary Literature3027 Words   |  13 PagesBeck s Cognitive Theory of Depression Features Underlying Dysfunctional Beliefs Beck s main argument was that depression was instituted by one s view of oneself, instead of one having a negative view of oneself due to depression. This has large social implications of how we as a group perceive each other and relate our dissatisfactions with one another. 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