Saturday, August 31, 2019
Social Business Paper Essay
The first issue is whether or not Enzo had a valid contract with Gina when she asked him to take possession and care of her car until she returns home from active military duty. As compensation, Gina gave Enzo the right to use the car while in his care and he agreed. It appears that in this case they did have a valid contract. There was a valid offer and acceptance by both parties. There was consideration by both parties for the benefits. The verbal contract was for a lawful purpose and both parties appeared to be adults of sound mind. With this issue of a contract, both parties seem relevant to the four elements for which Enzo will take care of Ginaââ¬â¢s car while she is away and until she returns. The second issue is whether or not Enzo and Gina had a legitimate contract with Time Warner Cable since Enzo would be spending most of his time at Ginaââ¬â¢s apartment. In this case Gina and Enzo have a bilateral contract with Time Warner. A bilateral contract is when you have two parties that each makes a promise to do something. In this scenario, Gina and Enzo signed a contract that allowed them to have HD in the apartment for 12 months while they pay Time Warner $50 per month for that service. In conclusion, there is a legal binding between both parties. The third issue is whether or not Enzo had any right to sell Ginaââ¬â¢s car on eBay after she departed for the military. Enzo forged Ginaââ¬â¢s signature to allow the car title to go to Mr. Buyer. After the sale, Enzo negotiated the check to Mr. Landlord for rent. After these transactions were done, Gina returned home from the military and now has filed a lawsuit against Enzo and Mr. Buyer. Mr. Buyer now wants his money back and is suing Enzo and Mr. Landlord. There are several issues with these descriptions. First of all, it is illegal for Enzo to forge Ginaââ¬â¢s signature. Itââ¬â¢s a void-able contract because the law permits one party to terminate the contract due to the unlawful purpose of the transaction. Because of this, Mr. Buyer should get a full refund for the sale of the vehicle or go after compensatory damages in which the amount of money is what the court believes should be restored. Gina has the right to go after Enzo with a civil lawsuit. Intentional torts are when someone is harmed by an intentional action. That is exactly what Enzo did in this case. He intentionally forged Ginaââ¬â¢s signature and knew he would be able to sell the car and receive the funds. Mr. Landlord should have to give the funds back and then could make a decision on whether or not to pursue a lawsuit against Enzo or try to work a deal out with Gina. The fourth issue is whether or not Enzo is able to void the sale of the car since he is legally a minor and can void contracts. To go along with the possible void-able contract, Enzo, depending on judgment, wants to file for Chapter 7 bankruptcy and discharge the debt. Fortunately for Enzo, a void-able contract is doable because of him being a minor. In this case, because he is a minor, the contract is void and the debt around him for that transaction could be dropped. We would use the rule of unenforceable agreement. With this law, the parties may intent, but rule of law prevents the contract because Enzo is a minor. In conclusion, no bankruptcy would have to be filed because of the voided contract. In the fifth and final issue, after Gina filed the lawsuit against Enzo, he started to harass her by showing up to see her at the apartment and work along with phone calls. These were threatening gestures and demanded that she drop the lawsuit. This is an example of tort law in the case of assault. Assault is when the defendant does some act that makes the plaintiff fear an imminent battery. In conclusion, this definition precisely explains how Gina felt when Enzo threatened her to drop the lawsuit against him. In the end, Enzo used several differences against the individuals. Examples included forging Ginaââ¬â¢s signature, being able to void a contract due to unenforceable agreement and threatening Gina by means of assault. Gina has the right to file a civil lawsuit after being threatened by Enzo and what he could possibly do to her.
Friday, August 30, 2019
The evolutionary anatomy
A, Differences between the hip skeleton and muscular structure of two-footed hominid and four-footed apes.TroyWorlds:Reduced tallness, comparative broadness ( it is of import in two-footed position, because the weight of the organic structure does non concentrate onto the spinal cord merely ) . Orientation of blade ( the curvature and the mediolateral orientation of the iliac blades help the Glutei medius and minimi to move as kidnappers and they can besides help in support of the bole. This curving form besides helps in equilibrating the upper organic structure during motive power, because the external and internal oblique musculuss attach to the iliac crest ) . Acetabular border and the well-developed anterior inferior iliac spinal column ( AIIS ) reflects the two-footed motive power. Rectus femoris takes its beginning here, that extends the leg at the articulatio genus. Rectus femur is really of import in some of the spring and clinging prosimians, as the bushbaby and lemurs, because Rectus femur is a leaping musculus in them. However, in apes, there is no big AIIS. AIIS is besides a topographic point for the iliofemoral ligament in worlds that prevents the hip articulation from overstraining. Apes: There is no S-shaped curve visible at the iliac crest and the crest undertakings laterally. Therefore, the iliac pit Easts anteriorly and the gluteal surface undertakings posteriorly. This orientation keeps the bole in an unsloped place during sitting or crouching. In instance if they want to walk bipedally, the Glutei medius and minumi musculuss medially rotate the flexed thigh at the hip ââ¬â while in worlds they abduct the drawn-out thigh. The long iliac crest is an version to mounting. Latissimus dorsi beginnings from here and inserts into the humerus. Because this is one of the most of import climbing-muscles, the longer the iliac crest is, the better assistance is in mounting. The otic surface and the iliac tubercle are smaller in apes. It is chiefly because of the fact that their weight does non concentrate on their pelvic part and lower limbs ( hind limbs ) .IschiumWorlds:Ischial tubercle is an fond regard for the hamstring musculuss ( Biceps femoris, Semitendinosus, Semimembranosus and Adductor magnus hamstring portion ) . At a superior force per unit area during the two-footed position, the posterior portion of the sacrum elevates, and pulls upwards the ischial tubercle. The ischial tubercle ââ¬â which is located merely below the great sciatic notch ââ¬â reflects the bipedalism. Apes: Long ischial bone. The ischial tubercle is wider in apes than it is in worlds and it does non look so ââ¬Å" pulled-up â⬠in apes. The ischial tubercle lacks the aspects for the hamstring and adductor musculuss.PubisWorlds:Pubic crest and pubic tubercle are of import in two-footed motive power every bit good, because the pubic crest serves as an fond regard for Rectus abdominis that supports the backbones and pubic tubercle is associated with the inguinal ligament, which helps in back uping the bole. The iliopubic distinction is the splitter of the Anterior Superior Iliac Spine ( ASIS ) and the AIIS. Here takes topographic point the iliopsoas musculus that helps in flexing the hip and back uping the upper organic structure on the hip articulation. Apes: Apes lack all these human features at the pubic bone: they do non hold a pubic crest nor tubercle, and because their pelvis East otherwise, their ilipsoas channel and iliopubic distinction are losing. The pubic symphysis in apes are normally fuses together, while it merely seldom happens in worlds.AcetabulumWorlds:The orientation of the cotyloid cavity is inferior-lateral-anterior. The superior border of cotyloid cavity must get by with the biggest weight/pressure, it developed a really thick gristle, so did the caput of the thighbone. This is called laubrum. Very strong, Z-shaped, ligaments are present here. The deepness of the cotyloid cavity can state us a batch about the mobility of the hip articulation. If the cotyloid cavity is shallow, it reflects more flexibleness. The cotyloid cavity in worlds is shallow compared to many of the African apes ( but Pan troglodytess ) , but it is deep compared to the orang-utans. Apes: The ligaments are weaker than in worlds.Sacrum, tail boneWorlds:The human sacrum contains five amalgamate vertebrae averagely. However, it can be varied between four and six. The tail bone stands from four amalgamate vertebrae, normally. The sacrum in worlds is wider than in apes and it is non so long as an ape sacrum. This alone form is really typical sing to bipedalism. The wider sacrum means more distance between the sacroiliac articulation, which helps in reassigning the weight and the force per unit area from pubic symphysis. A wider distance at this articulation besides means a larger birth-canal. Apes: In apes and tamper the figure of the amalgamate vertebrae of the sacrum and tail bone may change from species to species. The form of the sacrum is non so broad and more extended. It reveals that they do non back up so immense weight on their pelvic part as do the worlds.FemurWorlds:The human thighbone is longer than that of an ape. The sidelong condyle in worlds is more outstanding. The bicondylar surface is larger in worlds than in apes. It is because of the Centre of gravitation of the organic structure. Apes: Medial condyle is larger in apes. More flexibleness at the hip articulation. B, Actions of musculuss at the articulatio genus and ankle articulations during two-footed motive power. Observed characteristics in hereditary hominid dodos. Extensor muscles of the leg at the articulatio genus articulation:Tensor facia lataeQuadricepss femoris musculuss ( Rectus femoris, Vasti lateralis, medialis, intermedius )Flexor muscles of the leg at the articulatio genus articulation:SartoriusGracilis ( besides can help in median rotary motion )Hamstringing musculuss ( Biceps femoris { it is besides the sidelong rotator of the articulatio genus articulation } , Semimembranosus, Semitendenosus { they besides medially revolve the articulatio genus articulation when the leg is flexed }GastrocnemiusPopliteus ( weak flexor, but it is a median rotator of the leg )PlantarisMuscles that act at the mortise joint ( talotibial ) articulation:Tibialis front tooth ( dorsiflexion )Extensor hallucis longus ( dorsiflexion )Extensor digitorum longus ( dorsiflexion )Peroneus tertius ( dorsiflexion )Peroneus longus and brevis ( plantar flexure )Gastrocnemius ( plantar flexure )Soleus ( plantar flexure )Plantaris ( plantar flexure )Flexor digitorum lo ngus ( plantar flexor )Tibialis buttocks ( plantar flexor )Dodo records: Australopithecus afarensis: The shinbone and the calf bone are rather interesting. We can detect versions to both arboreal and two-footed marks. This is called Mosaic morphology. The examined specimens: AL 129-1b, AL 288-1aq and AL 333x-26 ) . Ape-like elements: short boundary line to the sidelong condyle, in the first two specimens, there are characteristics that general in the apes ( under the epicedial there was the ââ¬Å" hollowed-out visual aspect â⬠) which means that the Tibialis buttocks attached to the sidelong side of the tibia alternatively of the posterior side. Other fond regards ââ¬â such as semimembranosus and gracilis are besides instead ape-like. However, other A. afarensis specimens show two-footed features: Distal articulation surface of the shinbone ( the angle of the mortise joint articulation and the shinbone and calf bone ) . But, yet once more, there are ape-like characteristics besides on the distal portion of calf bone: the way of the articular aspect, ( Easts distally instead than medially as in the modern worlds ) , they have an anteriorly oriented peroneal channel on their calf bone while it faces laterally in modern worlds. The A. afarensis Lucy ( AL 288-1 ) besides owns these Mosaic morphological characteristics: the posteriorly oriented distal tibial angle shows similarities with the apes, while in other afarensis specimens the angle is sidelong, which is a human characteristic. The transporting angle at the articulatio genus articulation besides shows more similarities to the modern human specimens. This can uncover an single arboreal wont of Lucy, and a more developed bipedalism in the other specimens. Homosexual habilis: The H. habilis specimens do non do so many statements than the australopithecines. They have more human like characteristics in their lower legs and less ape-like characteristics. Although, they do non miss these characteristics ( rounded anterior boundary line of the shinbone, in worlds the interpolation country of the Flexor digitorum longus is bigger than that of the tibialis posterior ââ¬â it is rather the antonym in the habilis. The fond regards of other musculuss ââ¬â soleus, popliteus ââ¬â show kind of a passage between apes and worlds, etc. ) . The Neandertal mans: The calf bone and the shinbone are really robust, but bear the human features. Q2, Evolution of the early hominid pes The chief features of the human pes include the presence of the arches, the calcaneocuboid articulation, the proportions of the major parts of the pes, the form of the ankle-joint and the fact that the big toe can non be opposed. The arches in pes are rather alone, the apes do non hold arches ( they have merely one arch, the transverse arch ) . In worlds, apart from the plantar aponeurosis, there are other ligaments that aid in holding these arches: the spring ligament, the short plantar ligament and the long plantar ligament. The length of the distal figures of the toes are much shorter in worlds than in apes, nevertheless, the size of the large toe is about the same. The pes of Australopithecus afarensis, such as in the leg, shows Mosaic morphology. It means that certain characteristics are similar to the modern worlds, while others portion similarities with the apes. The human-like morphology: the scree ââ¬â which besides has both human and ape features ââ¬â together with the shinbone and calf bone, shows a more human like articulation at the talotibia. Although, the form of the scree is instead ape-like. Other marks that reveal a more human visual aspect in the afarensis pes are the talar trochlear form, the way of the ankle articulation ââ¬Ës axis and of the Flexor hallucis longus ââ¬Ës channel which suggest that the motions of the afarensis were really similar to those of the modern worlds. The form of the 5th metatarsals reveal a really similar ability of dorsiflexion as it is present in modern worlds. Their scaphoid castanetss in visual aspect are more ape-like, but the presence of the channel of the spring ligament proves that they might hold similar arches than the modern worlds have. The possibility of the two-footed motive power can be traced down besides by the human-like sidelong cuneiform, although, its hook makes it look more ape like. However, the ape-like curves of the phalanges suggest that they might be arborical. The chalky besides have both human and ape like characteristics, the median cuneiform is instead ape like, so is the first metatarsal ââ¬Ës rounded caput. The pes of Paranthropus robostus has several human-like features. These characteristics are the undermentioned: the big toe likely was adducted unlike in the apes where the large toe is instead abducted, the plantar ligaments suggest similarities to the human pes, the first metatarsal suggests that it bore more weight than the apes because of its robust visual aspect, but other characteristics on the first metatarsal bone reveal ape-like characteristics, excessively. Harmonizing to the article of Susman and Brain ( 1988, mentioned in Aiello and Dean ) , it is really likely that the Paranthropus robostus was two-footed but in a different manner than the modern worlds. The pes of the Homo habilis: The biggest statement is caused by the tarsal castanetss of a immature Homo habilis ( OH 8 from Olduvai Gorge ) , because some research workers do non believe that the human features of this specimen ââ¬Ës pes castanetss are good plenty to be classified as worlds. The elements of the pes show the marks of the bipedalism ââ¬â even those agree with this who do non believe that this specimen deserves to be included into the Homo genus ââ¬â but, possibly, in a wholly different manner as it is seen in the modern worlds. Another scree bone, the KNM-ER 813 from Koobi Fora, has less jobs with its categorizations, as it shows more similarities to the scree of the modern worlds. The first metatarsal is the most robust, and the 5th metatarsal bone of the OH 8 is the 2nd, while in apes the 5th metatarsal bone is the weakest. The size of the pes length of the OH 8 is besides more similar to the construction of the human pes. The dodo record suggests that the opposability of the large toe of OH 8 is non present, but the adduction of it can be observed. The ability of grasping is besides really likely, though. The pes of the Neandertal mans: Interestingly, the groundss reveal that the opposability of the large toe might be someplace between the modern worlds and the life apes. Others deny it, because of the more human features in the tarsometatarsal articulation, which can be varied on a great graduated table even in modern worlds. Typical Neanderthal characteristics are the short proximal phalanx of the large toe and the short cervix of the scree. The possible marks of the bipedalism in the fossil groundss: Apart from the castanetss of the pes other skeletal remains can uncover the erected organic structure position and the possible bipedal walking wonts. A comparative longer arm may be a mark of the arborical life-style, or partially arborical life fortunes. However, Lucy has comparatively short fingers, non ape-like, long 1s ( JOHANSON-EDEY 1990 ) The form of shoulder blade and the orientation of the glenoid pit besides can assist to reply this inquiry. A little fragment of an Australopithecus afarensis shoulder blade suggests that its proprietor had a more ape-like in this inquiry, than human like. In apes the glenoid pit faces towards the braincase and this characteristic can be observed besides in instance of this fragment. A more complete shoulder blade ââ¬â which derives from an A. africanus ( Sts 7 ) ââ¬â can state us more inside informations about the possible maps of the thoracic girdle. This scapula looks really similar to the scapula fragment of the afarensis specime n ( AL 288-1l ) , and they both bear more similarities to the thoracic girdle of the apes, particularly to the orang-utans. The ribcage has more ape-like features in its visual aspect. The form of the vertebral column, nevertheless, widens distally ( the lumbar vertebrae are the widest ) as it appears in worlds, which is another possible mark of the two-footed motive power. The pelvic girdle shows more groundss for the mosaic morphology yet once more. The iliac crest is instead human-like, although it is more extended laterally and the cotyloid cavity orients more anteriorly. Possibly this is the ground why A. afarensis has a comparatively really long femoral cervix. The iliac blades direct interiorly, as good. The form of the sacrum is really broad ââ¬â another human-like mark, nevertheless its posterior section is non as curved anteriorly as it is in the modern worlds. Harmonizing to Johanson ( JOHANSON-EDEY 1990 ) , Lucy ââ¬Ës pelvic girdle is adapted to the two-footed motive power every bit good as to the possibility to give life to large-headed babes, as her pelvic girdle is so broad. All these characteristics make likely that the A. afarensis could walk bipedally, but in a more complicated manner. The anteriorly faced cotyloid cavity could ensue a really heavy bipedalism. On the femoral caput, we can detect a stronger fovea than it is on the femoral caput of the modern homo. In quadrupeds the tibial tubercle is more rounded and less crisp. The ââ¬Å" acuteness â⬠of the tibial tubercle is a more human ( or bipedal ) feature. This acuteness can be observed in Lucy, although her tibia looks more robust compared to the really tall juvenile, the Turkana male child ( H. erectus ) . In proximal thighbone of the Australopithecines, there are about the same figure of similarities to worlds ( the varied presence of the intertrochanteric line and the Obturator externus channel ) than to Pan troglodytess ( the little femoral caput and the non-flaring greater trochanter ) and the alone characteristics ( long femoral cervix, compressed femoral neck-cross subdivision ) , the more similarities to worlds in the inquiry of the distal thighbone ( the high/very high bicondylar angle, the egg-shaped shaped sidelong epicedial profile ) , and its ain alone phenomena in the epiphysis form and symmetricalness, but the femoral shaft ââ¬Ës more similarity to the Pan troglodytess gives us a really eclectic feeling about the possible motive power of the Australopithecines. As I wrote in the 1B inquiry, the pes of the Australopithecines show really varied image every bit good. It reveals both human and ape like characteristics ââ¬â such as about everything else in the Australopithecus skeleton. The more human like elements of the pes include the human-like mortise joint articulation, the ability of a better dorsiflexion, the expanded base of the 5th metatarsal, the broad heelbone and the presence of the longitudinal arch. On the other manus, there are several ape-like features, like the form of the phalanges, the tubercle of the calcaneous has an egg-shaped orientation, besides has a immense peroneal tubercle, the already mentioned ape-like form of the ââ¬Å" hook â⬠of the sidelong cuneiform bone, and the rounded caput of the first metatarsal. Summarizing, the mosaic morphology in the Australopithecines are really strongly present, they portion similarities to the worlds, every bit good as to the apes, but they besides developed ain characteristics. It is really likely that they were adapted to the two-footed motive power, but non in a modern human manner. The essay has been written by utilizing the undermentioned books as a guide-line: Aiello and Dean, 2006: An Introduction To Human Evolutionary Anatomy, reprinted in 2006, Elsevier Academic Press, London The stuffs during the Demo-sessions And JOHANSON-EDEY, 1990: Lucy ââ¬â The Beginnings of Humankind, Penguin Books, London, 1990.
Thursday, August 29, 2019
Themes in the Last of the Mohicans
One major theme articulated in The Last of the Mohicans is the stereotype depicting Indians as animalistic. The Huron tribe is shown as the most violent tribe, almost nonhuman. Magua, the leader of the Huron tribe, is the most violent of the tribe. Angered by the coloniesââ¬â¢ treatment of his kin, he only seeks revenge. One of the clearest images of the Huron tribeââ¬â¢s animalistic nature is when Magua rips the heart out of Colonel Munroââ¬â¢s chest. Other images that help add to this theme can be seen in the way that the Huron tribe attacks even the women and children.They care nothing about the innocent people they murder, and they roam about as savages. This is the image that Americans today have of all Indians. Very few know anything about the kindness of Indians such as Uncas and Chingachgook. Another theme in this movie is interracial love and friendship being looked down upon. After doing some research on the actual novel by James Fenimore Cooper, I noticed that the plot was changed in the movie. In the novel, Cora and Uncas have an interracial relationship. Related essay: Themes In MaruHowever, in the movie, Cora and Hawkeye, an adopted white, have that relationship. The relationship of Uncas and Cora that ends in death in the novel is switched to Uncas and Coraââ¬â¢s sister. Also, their fondness of each other is never developed. This supports that theme, for everything is changed to make it more appealing to the typical white audience. It would be frowned upon to have a white woman in love with an Indian. Thus, the movie does not show that.
Wednesday, August 28, 2019
MEDIA JOURNALISM 2 Essay Example | Topics and Well Written Essays - 1000 words
MEDIA JOURNALISM 2 - Essay Example The destroyed rig Deepwater Horizon sank on Thursday spilling what some claim is over 200,000 gallons of oil a day into the surrounding waters. Spokespersons for Greenpeace claim that the company British Petroleum and the British people should be held financially liable for the ecological damage: ââ¬Å"Dependence on oil is one thingâ⬠, claims Greenpeace/UK, ââ¬Å"but responsibility is anotherâ⬠. United States President Obama speaking from the White House agreed with the sentiment. He said that while Federal and State organisation were act accordingly it was BP who was ultimately negligent: ââ¬Å"As I said yesterday, BP is ultimately responsible under the law for paying the costs of response and cleanup operations.â⬠Greenpeace has claimed that a lack of Government support has led to oil-dependent companies like BP spending little on research into alternative fuels. A Greenpeace spokesperson said: ââ¬Å"Under its current chief Tony Hayward the company is pouring $19bn into developing its oil and gas business, compared with less than $1bn on all forms of renewable technologiesâ⬠. Story selected to show the similar tone. ââ¬ËTeacherââ¬â¢ stories usually go two ways: either the teacher is a saint pushed to extremes, or the teacher is a predator and deserves more than the courts will ever dish out. Court selected for accurate records. Opinion pieces chosen specifically for the strength of the opinion. While this is not specifically a ââ¬Ëpoliticalââ¬â¢ issue by itself, combined with the EUââ¬â¢s call for a revision of child protection laws in Britain the issue has been politicised. Public news forums almost universally applauded the decision. ââ¬ËThomasââ¬â¢ on Yahoo News called students today ââ¬Ëbratsââ¬â¢ saying: I dont blame the teacher for losing it. The fault is with parents who cant parentâ⬠. ââ¬ËJelliesoââ¬â¢ from the news site ââ¬ËDigital Spyââ¬â¢ was also pleased with the verdict saying that: ââ¬Å"Common sense rules for onceâ⬠, a sentiment echoed by another
American History- American Revolution & Revolutionary War Essay
American History- American Revolution & Revolutionary War - Essay Example The colonistsââ¬â¢ difference led to political instability in America (Nardo 65). In 1776s, George Washington was in command of the military forces that led America achieve its independence. Although George Washingtonââ¬â¢s army had no experience in war and were poorly supplied with weapons, they got support from the France army. Furthermore, America revolution was caused by the relegation of people by the colonists in regards to their social status. In America, there were African Americans, women and Indians and the war changed their social status. Before the revolution, Americasââ¬â¢ traditional social relationships had been interfered with by the colonists (Tindall and Shi 220-224). Because Revolutionary war was more than a simple war for independence, it also became an engine for political experimentation and social change. The war unleashed the social forces that helped in reshaping the fabric of American culture. America came up with different roles that the women, African Americans, and Native Americans could play in their new state. Nardo (65-66) states that during the 1790s, federalists that were led by Alexander Hamilton, and Republicans that were led by Thomas Jefferson and James Madison debated about the political and economic future of the nation. Therefore, in 1800, Jefferson was elected the president and the Republicans became famous in national politics and that is why they headed the state for a quarter century (Nardo 67). According to Poulakida (101-102), after winning their war of independence, Americans underwent a political revolution. Revolution was both in the Americans minds and hearts and as a result it changed the principles, opinions, sentiments and affection of the American people. The revolutionary war began a debate about the new kind of government to be formed, and that would serve the people of America Republic. Major events took place during the revolutionary war (Nardo 68). One of the events was Republic ideology.
Tuesday, August 27, 2019
Write the three definitions on pre-production, production and Essay
Write the three definitions on pre-production, production and post-production - Essay Example Once financing is confirmed and principal cast members, director/directors, and cinematography is determined, this process takes up with helping to integrate the script with regards to the scenery and dynamic which will be utilized. As a function of this, preproduction entails the script being simplified to its most basic scenes. Within such a construct, the preproduction process is able to determine locations, cast members, costumes, special effects/visual effects, and props that will be utilized as a means of making the story cohesive. In order to ensure that this process takes place according to schedule, a detailed schedule is almost always created with regards to the necessary elements that need to take place within the given period of time (Schaefer et al, 2004). Moreover, the script is integrated with the screenplay by means of numbering and page locking the scenes so that all actors and representative staff members will have no confusion with regards to what will take place w ithin each given scene. Finally, any last-minute additions or deletions with regard to the plot line and scripts must be made prior to the process proceeding. Accordingly, as the preceding analysis as discussed, the specific aspects of the filling process is oftentimes one of the most hectic and challenging with regards to the overall level in which all of the necessary components can be completed according to the specified schedule. Production: Upon conclusion of preproduction, the production process itself begins. Within the production process, the actual video/film itself is shot. As compared to the preproduction process, a much larger number of crew are required due to the fact that script supervisors, picture editors, sound editors, photographers, assistant directors, and property masters must all integrated together as a function of producing the film. Although it might be understood by the reader that production itself merely involves the cast members arriving on set and film ing particular scenes, the production process is much more nuanced than this due to the fact that makeup, dressing/lighting, special effects, and seeing preparation crews must all integrate within the process as a means of ensuring that a fluid transition is affected (Johnson-Yale, 2008). In such a manner, adherence to restrict and rigid schedule is also necessary for each of these compounds to take place in an efficient and productive manner. Although there is obviously time for last-minute adjustments, the ultimate goal of this particular process is to wrap each specific scene in a satisfactory manner and move on to the next. Furthermore, the necessity of getting a particular scene correct is an absolute necessity due to the fact that any subsequent set up of a past scene will require a large number of man-hours and additional funding to re-create a prior scene/dynamic of the film. Once the production process has wrapped, a ââ¬Å"wrap partyâ⬠is oftentimes hosted as a means of expressing thanks to the crew and the cast for the diligence and hard work in bringing the production to a close. Post-Production: The process of postproduction is oftentimes much slower than the process of production. This is somewhat strange due to the fact that the process of postproduction does not require the overall manpower of production. However, during this particular stage video and film that was shot is extensively edited. This requires a painstaking process in which dialogue, music, songs, sound effects, computer graphics, and a variety of other elements are all mixed together as a means of creating a finished product (Davis, 2003). This painstaking process can vary in overall length with regards to specific type of film which is being made. For instance, if a film is
Monday, August 26, 2019
A Change Management Issue Term Paper Example | Topics and Well Written Essays - 2500 words
A Change Management Issue - Term Paper Example Such organizations spent years to develop and establish their business traditions ââ¬â the traditions they believe have led them to their current position and the ones they are not always willing to alter. However, the conditions of doing business change continuously, and the postmodern business reality imposes new diversity demands on organizations and businessmen. For many of them, to become more diverse means to produce a profound shift in organizational mentality, consciousness, and culture. Yet, once implemented, diversity has the potential to move the organization further to its performance and organizational highs. As long as I can remember myself working for that organization, our staff had been mostly comprised of white males working for the financial department and dealing with the most controversial issues in the field of organizational finance. I must say that the organization had spent years in the market and had been able to achieve considerable success and organizational stability. Its name was well recognized by customers and competitors, whereas its financial staff was believed to be at the core of the organizationââ¬â¢s continuous success. The company was extremely careful about all staff membersââ¬â¢ following the organizationââ¬â¢s cultural and business traditions, and its success and competitiveness in the market made it increasingly reluctant to change anything in its attitudes toward diversity and hiring. However, the business realities were changing, demanding similar changes in our finance department. Our organization had to hire new people, including two black women and one Asian man. All three displayed remarkable performance results but they seemed to experience serious difficulties in their striving to adjust to the new conditions of work.Ã
Sunday, August 25, 2019
What is policy Essay Example | Topics and Well Written Essays - 2250 words
What is policy - Essay Example Considerable manifestations of policy and power are usually apparent when things remain the same or when issues are not discussed or are intentionally suppressed. This way, policy can be expressed in silence, intentional or unplanned. Policy is whatever institutes, firms, and governments have arranged to do during a particular period. According to Colebatch (2009), policy is a term that can be employed in various circumstances and by diverse groups to justify what governs them in the way they think about what the world should be and how they should act. Colebatch has gathered a number of definitions of policy: use of power to attain objectives; a purposive path of action; a predictable program of objectives, values and practices; a path of action by government aimed to attain particular outcomes. An important thing is that a policy ought to have an objective. Colebatch (2009) claims that policy articulates itself in three manners: order, authority, and expertise. Hogwood and Gunn (1984) suggested numerous meanings for policy concept more than 20 years ago (as cited in Potucek & Vass, 2003). Their argument is that the concept of policy is variously employed to express a label for a field of activity, such as education policy as an expression of a broad function, as a program, and as both output and result. On the other hand, Wedel and others (2005), as cited in Rizvi and Lingard (2010), have suggested that policy refers to ââ¬Å"a field of activity, such as education policyâ⬠(p. 4). They claim it is a particular proposal, government legislation, a general program and what governments attain. Consequently, a public policy defines the actions and positions taken by the state consisting of a range of institutions sharing the crucial features of authority and collectivity. According to the dictionary, policy refers to principles, directions and rules created or adopted by an institution to attain its prolonged goals. Policy is usually identical with decisions,
Saturday, August 24, 2019
Argument analize 3 Essay Example | Topics and Well Written Essays - 1000 words
Argument analize 3 - Essay Example However, it is a fact that pain and suffering do exist in the world, and its occurrence is beyond our control, for the very concept of God is pre-established in our ontology, for, by definition, we understand God as a benevolent and omnipotent creator. Thus, if God were not benevolent, then there would be no problem of pain and suffering. Therefore, either God is not benevolent or he is not omnipotent, or he is not benevolent and omnipotent. 2. Reconstructing the Argument of Pain The argument can be logically reconstructed as follows: 1. God is the benevolent and omnipotent creator of the natural world 2. If God were benevolent, then pain and suffering would not exist in his creations 3. If God were omnipotent, then he would everything in his power to eradicate pain and suffering. 4. Pain and suffering nevertheless exist as experienced by Godââ¬â¢s creations 5. God could not have created pain and suffering, for that would contradict his benevolent and omnipotent nature 6. Therefor e, given that pain and suffering exists, either God is not benevolent or is not omnipotent, or is neither benevolent nor omnipotent. 3. ... Likewise, third premise follows from the first and the second, for if God were omnipotent, then he would use his powers to eradicate pain and suffering, since by nature, God is benevolent. Thus, the third premise is also true. However, things get a bit more complicated come the fourth premise, which states that pain and suffering exist as experienced in Godââ¬â¢s creations. As C.S. Lewis explains, this is problematic for the main reason that what we experience as ââ¬Ëpain and sufferingââ¬â¢ in the natural world may not be ââ¬Ëpain and sufferingââ¬â¢ for God. Likewise, what we understand as ââ¬Ëbenevolent and omnipotentââ¬â¢ may not be the same as Godââ¬â¢s understanding of ââ¬Ëbenevolent and omnipotent.ââ¬â¢ This complexity is exemplified due to structure of our language. We understand good and evil to be two conflicting terms for instance. So the problem of reconciling good and evil becomes a problem only because we understand these concepts to conflict with each other. Based on the problem of pain, it was proposed that it is due to Godââ¬â¢s benevolent nature that the problem of pain becomes a problem; that if God were something other than benevolent, then the problem is solved. This is evident in premise five, wherein it was shown that God, who is good, could not have created something that was not good, that is, pain and suffering. It is in this regard that the author concludes that either Godââ¬â¢s omnipotence or benevolence, or both, is thus questionable. However, I do not think that this conclusion will suffice, for the transition from premise five to its conclusion misses an important point. This is as follows: Following premise four, premise five states that ââ¬Å"God could not have created pain and suffering, for that would contradict his
Friday, August 23, 2019
Factors That Influence Consumers Purchasing Decision Essay
Factors That Influence Consumers Purchasing Decision - Essay Example The researcher states that a mind map has been developed in order to explain the various factors that are observed to largely influence the buying procedure of iPhone 5S. A group debate has also been conducted in order to analyze the aforesaid subject matter, i.e. the patterns of consumer behavior in the iPhone 5S market context. In relation to the findings obtained, it can be apparently observed that psychological, personal, social and situational factors impose strong influences on consumersââ¬â¢ purchasing decisions. Furthermore, the group debate revealed various internal along with external factors that play a distinctive role to determine the selection and purchase procedures of products and/or services as followed by consumers in the modern-day markets. Consumer behavior is described as the study of the activities that commonly involve searching, evaluating and purchasing of specific products or services followed by the customers in satisfying their respective requirements. This concept mainly concentrates on how people make decisions concerning the utilization of money, time and effort on consuming products and/or services. In other words, it can be affirmed that consumer buying behavior can be described as the activities with respect to acquisition, utilization, and disposition of products, services, thoughts, and experiences. In the field of marketing management, consumer behavior explains the reasons and logic that trigger purchasing decision and consumption pattern of the buyers. It elucidates the procedure by which, consumers make purchasing decisions. This definition clearly exhibits the idea that consumer behavior is a decision-making procedure, which begins in the mind of the customers and leads towards a set if short-listed substitute products or services that can be purchased or availed to suffice their requirements. Subsequently, understanding consumer behavior is important because it assists organizations to develop strategies and ensure s uccessful attainment of their marketing goals.
Thursday, August 22, 2019
Causes of World War II Essay Example for Free
Causes of World War II Essay World War II was the biggest, deadliest, and scariest war of all time. It was obvious that it was coming to. Hitler was taking over Germany. He was sentencing Jews to concentration camps. He was plotting to rid the world of Jews and eventually take over the world. War was coming and everyone knew it. Everyone wanted to do something to stop it, but it was no use. As stated in Document 9, ââ¬Å"neither the people nor the government of Britain and France were conditioned to the idea of war. â⬠Keith Eubank said that in the Origins of World War II. Britain knew war was coming, France knew war was coming, and Germany even knew war was coming. World War II was inevitable. Many things built up to the eventual outcome; war. As stated in Document 5, British Prime Minister Neville Chamberlain explains why he favored peace, but he knew eventually it would end up as war. He says, ââ¬Å" If we have to fight, it must be on larger issues than that. . . . I am a man of peace. . . . Yet if I were sure that any nation had made up its mind to dominate the world by fear of its force, I should feel that it must be resisted. . . . But war is a fearful thing. Hitler was trying to take over the world, and that is exactly what Chamberlain feared. It is also a reason why World War II began. In 1939, the world was plunged into World War II. Nobody wanted it to happen. But nobody could prevent it from happening. Hitler was continuing with his dream of taking over the world while at the same time ridding the world of Jews. Hitler was taking over one country at a time with the help of Italy. As stated in Document 2, Haile Selassie, emperor of Ethiopia, asked the League of Nations for help during Italyââ¬â¢s invasion of their country. The League of Nationââ¬â¢s response was ineffective. Selassie then said these words, ââ¬Å"God and history will remember your judgement. . . . . It is us today. It will be you tomorrow. â⬠What he means by that is that Hitler will not stop there. He will keep pushing and pushing until he has what he wants. He is saying that the League of Nations will to lose control to the Nazis. Different nations had different ways to handle the Nazis though. There were two responses to the aggression caused: collective security and appeasement. Collective Security is a system by which states have attempted to prevent or stop wars. Under a collective security arrangement, an aggressor against any one state is considered an aggressor against all other states, which act together to repel the aggressor. Appeasement was basically giving Germany whatever they wanted to not start a war. Appeasement did not work because Hitler agreed to take the Sudetenland, and Hitler promised to recognize Czechââ¬â¢s new boundary lines, but six months later, he took over all of Czech. As stated in Document 4, ââ¬Å"There is to be no European war. . . . the price of the peace is. . . the ceding by the Czechoslovakia of the Sudeten territory to Herr Hitlerââ¬â¢s Germany. â⬠Hitler was not a man of his word because a very short time later, he took over Czech. World War II was undoubtedly, the biggest and costliest war of all time. People were dying all the time. Hitler had enslaved the Jews in concentration camps. Everything was falling apart. If the U. S. hadnââ¬â¢t stepped in to help, who knows where we would have been right now. Europe could all be Germany. There might be no Jewish people left. We are lucky because this entire war could have gone a completely different way.
Wednesday, August 21, 2019
Creation Myths Essay Example for Free
Creation Myths Essay Creation myths are present in all cultures of the world, and while these stories reflect very different beliefs of creation, they also possess many similarities as well. Each culture from around the world has developed beliefs and cosmogony that help them to understand the most ancient and primordial of questions: where did we come from? Ancient civilizations bore stories of primitive worlds, gods, and creators who sprung forth to create the world we live in and who created the first man and woman. Experts have come to find that there are common themes of creation myths which all myths can be classified into; accretion and conjunction stories, secretion stories, sacrifice stories, division or consummation stories, earth-diver stories, emergence stories, two-creator myths, deus faber (the maker god), and ex nihilo (out of nothing). Some cultures usually bear more than one type of theme for creation. Two creation myths that bare similarities and differences are the Norse and Egyptian. The theme of Norse creation is based on accretion and conjunction, secretion, and two-creator myths, while Egyptian creation myths follow the themes of secretion, deus faber, and ex nihilo (Leonard McClure, 2004). Norse creation myths spring forth from the Swedish and Scandinavian cultures. The Norse myth begins in a world called Ginnunngagap, which was the earth before the heavens were created and before any living thing existed. In the Southern end of Ginnungagap was a land called Muspelheim, a fiery realm of fire and poison, and to the North was a land of ice and cold called Niflheim. The gods that came after, created Midgard which was the middle land born from the great Yggdrasil tree; a pleasant and habitable place for humans. The gods resided in a different realm in the center of the earth called Asgard; from Asgard, the gods watched over all of mankind. The elements that exist in these worlds are plants, soil, water, wind, mist, ice, and fire (Brancaccio, Tonk, Van Driel, Passantino, 2012). The world before time in Egyptian creation was called Nu. Nu was the dark swirling waters of nothingness and chaos. Atum the creator, a sexless being, sprung forth ex nihilo from the waters of Nu, and through secretion, bore a son and daughter who created earth and sky. Elements of this world are water, rain, earth, plants, and wind (Brancaccio, Tonk, Van Driel, Passantino, 2012). The creators in Norse mythology began with the first three beings; Ymir a male frost giant, Buri a male god, and Buriââ¬â¢s wife, the first goddess. Audhumla was the first animal who licked free from the ice Buri and his wife. Audhumla was also the one who gave Ymir sustenance through its milk. Buri and his wife the goddess, bore three sons; Odin, Vili, and Ve. These three sons killed and dismembered the giant Ymir, whose corpse then created the world. Ymirââ¬â¢s flesh became the land, his blood became the sea, skull became the dome of sky above, his bones became mountains, and his hair became the grass and trees. Odin then stole sparks of fire from the land of Muspelheim, to create the sun, moon, and stars. Destroyers of this world came later in Norse mythology with the introduction of other beings and giants that bring forth Ragnarok, the time of destruction of Midgard. Surt is the guard and giant of Muspelheim who destroys the heavens with his fiery sword. Hati and Skoll are wolves the chase the sun and moon, are the destroyers of these celestial beings. The frost giant Loki, along with Fenrir, and the World Serpent are also released by Surt to aide in the destruction of the world (Rosenberg, 2006). In Egyptian myths, the main creator was called Atum. He was neither male nor female, possessed an all seeing eye. He joined with his shadow and bore a son from his spit called Shu, and from his vomit, a daughter called Tefnut. Shu was made the god of air, and Tefnut the goddess of moisture, they were responsible for sorting out the chaos of the universe into a perfect balance called maat. These two produced children, one male and one female, Geb and Nut, who were then separated to create the earth and sky. Other gods were also created who each had an individual responsibility in creating maat, these gods were Isis queen of the gods, Hathor the goddess of love and beauty, Osiris the god of wisdom and justice, Seth the god of evil, Thoth the god of wisdom, and Nepthys the protector of the dead (Brancaccio, Tonk, Van Driel, Passantino, 2012). Cosmic occurrences in Norse creation played a great role in the creation of the first beings and the first world. The mingling of fire and ice caused the melting of a mountain which produced the first being Ymir, the frost giant. Celestial bodies such as the sun and stars were created of fire sparks from the Land of Muspelheim. The role of cosmic occurrences in Egyptian creation was expressed by celestial beings becoming the creators of natural phenomena. Nut the sky goddess gave birth to the sun every day, and also produced rain that fell upon the earth to grow plants. The cycle of rainfall, sunrise, and sunset were all thought to be produced by the gods. The similarities shared amongst the Norse and Egyptian myths were evident in the several aspects and themes. For one, both Creators Ymir and Atum, were deus faber meaning that they alone were the first creators, they also both arrived into their respective worlds ex nihilo, out of nothingness. Secondly, Ymir and Atum created other beings through secretion; Ymir created beings through his sweat, and Atum created man with his tears. In both myths, many lesser gods were created to govern over natural phenomenon, and played roles in the cycles of death and rebirth. The difference between the two cultural myths is the fact that Norse creation was born out of violence and violent acts. Gods were constantly in battle; the theme of good and evil play a large part in Norse myths. Egyptian myth presented the need to bring peace and order to the chaotic world of Nu. The gods and goddesses main role was to find balance and Maat. In conclusion, world creation myths have similarities as well as differences. The commonality between them all is that they serve to fulfill the same need which is the need to understand the world around us and understand our origins. Earlier cultures have pondered over the beginning and creation as we still do in this day and age.
Health Disparities Between Maoris and Non-Maoris
Health Disparities Between Maoris and Non-Maoris Introduction The first inhabitants of New Zealand came from the islands nearby. The locals or what they call themselves, Maoris, travelled across the pacific some thousand years ago. It was also thought that the Maoris arrived in the island by groups. The initial meetings between the pakehas (the whites) and the Maoriââ¬â¢s was recorded to have been in the 1700ââ¬â¢s headed by James Cook, an expedition coming from Britain. In the middle of the 1800ââ¬â¢s, an agreement was written between the British colony and the local settlers in the form of the Treaty of Waitangi. Agreed and signed by Maori chiefs and individuals that stood in behalf of the British crown. This agreement came about as the mediating factor between the foreigners and in particular the protection of the interests of Maoriââ¬â¢s. The treaty gave way to more migrants from Britain up to a point where pakehaââ¬â¢s already outnumber the locals. With new methods of living introduced by the whites, the locals were not able to adapt easily constituting the increase in Maori death rates. It was believed firearms and new contagious illnesses were among the top cause of mortality for the locals. Moreover, history is telling us that after New Zealand was colonized, locals were losing their lands which contributed much of the Maoriââ¬â¢s health issues. It was noted that incidence of death was not as high as compared to those indigenous groups who were able to get hold and not surrender their lands as in the case of the Tongans and Samoans. (Kunitz, 1994) The various challenges the Maori people faced were not limited to confiscation of their lands. This included putting restrictions with their rights and discouraging the use of Maori language in the area of study which paved way to adding more insult to the health of the Maoriââ¬â¢s. The signed Treaty of Waitangi has its main purpose which is to protect the rights of the locals of New Zealand particularly the Maoriââ¬â¢s. However, realization of the main purpose of the treaty remained only in writing which resulted in disparities in health access between the whites and the Maoriââ¬â¢s. In this paper, I will be discussing the disparity and how it has put the Maoriââ¬â¢s in the disadvantage which was clearly the opposite intention of the Treaty of Waitangi. The aim here is to better understand the Maoriââ¬â¢s and where they are coming from so we, the future health care providers in this country, would be able to perform our duties properly. Health Disparities Various studies have been done and scholars cited numerous reasons why there are inequalities particularly in health between the pakehaââ¬â¢s and the Maoriââ¬â¢s. Genetic factors and environmental influences are among the suspects for the disparity but really does not play as the key variables when it comes to public health concerns. For the purpose of this study, we try to dissect the ââ¬Å"nongeneticâ⬠factors for the disparities in health between the pakehaââ¬â¢s and the Maoris. These include socioeconomic variables, lifestyle, discrimination, and accessibility to health care. Noting that, although, these may be four areas to consider, they are all somewhat correlated with each other. Socioeconomic Factor The loss of land by most of the Maoriââ¬â¢s constituted to their poor status. The locals have lost their ability to care for their lands which led to low production of fruit crops. Inability to rear animals such as pigs, sheep and cows due to lack of space also contributed to their lessening power to trade. Without much power in trade resulted to low income which forced them to live in the outskirts where there is limited supply of the basic needs. As a result, the Maoriââ¬â¢s, being unable to acquire the necessities in life, were subjected to poor health conditions. Lifestyle Tobacco use and alcohol consumption were introduced to the locals by the colonizers to help pass time or to keep them pre-occupied. However, with their poor state of life, Maoriââ¬â¢s resorted more to these vices to combat depression. Unknowingly, it had grown in them and fell slave to these addictive elements. Excessive intake of these products created more problems for the Maoriââ¬â¢s. They became more depressed and elicited unruly behaviours which certainly did not help in promoting good health practices. The lack of knowledge with proper food preparations also added to the Maori health issues. Maoriââ¬â¢s also believed that when an individual has gained weight that it is a sign of being healthy. Unfortunately, with the wrong perception, high rate of obesity and cardiovascular related diseases are not uncommon to them. Discrimination The locals or the Maoris have been long a subject to racism and have experienced discrimination at all levels for most of their lives. The incidence happening within the health care areas, may it be conscious and unintentional attitudes of people providing health care, have caused the Maoris to be doubtful when seeking medical assistance until it is already in its worst stage. Maoris also have encountered disempowerment coming from health care professionals. GPââ¬â¢s were reported to not likely support when it comes to measures to prevent health conditions to Maoris as compared to the non-Maoris. Access to Health Care Living in far flung areas not only inhibits the Maoriââ¬â¢s accessibility to health care but it also limits them in getting proper assistance from any health care provider. Still in connection with the socioeconomic factor, some, if not most, of the Maoriââ¬â¢s are still illiterate when it comes to using the internet due to either lack of service in the area or the lack of capability to get the service. Transportation also plays an important role when it comes to accessing health care. Most Maoris do not have the means for them to bring themselves to the nearest health care institution. Mostly happening, if a person coming from a specific cultural minority will seek medical assistance, one would want to find out if there is a medical staff of the same cultural background so it would be easy to convey their real condition. Being able to talk to an individual of the same culture will help ease the patient in opening his or her issues. Combating Disparities In recent time, a health disparity model has been formulated by the government under the Ministry of Health. This is to address the issues pertaining to inequalities in health for Maoriââ¬â¢s. This model recognises the root of the disparities in a community and outlines procedures than can be performed to combat situations that cause the disparities. Areas that the model wants to achieve include finding ways on how to improve an individual/family income, the importance of employment, providing education and health access for the locals. In this model, it is also addresses Maoriââ¬â¢s to have more control in the land/communities they are currently living in. It is also supported that health services including disability assistance be given when necessary. An example of this is when a local is disadvantaged due to sickness or disability will be provided sufficient income assistance and support against social, ethnic and racial discrimination. (Ministry of Health, 2002) Case 1 A case study was done about a Maori banker who sought medical attention as he was not feeling well. During consultation, the GP was not able to get the whole picture about the status of his patient. The GP tried to explain his thoughts about the situation and asked for further details. The patient started to get frustrated. The patient mentioned that she went to a urupa (graveyard) and smoked and thought it could be the reason of his condition. The GP, having no idea of the significance asked for its relevance. The banker revealed that graveyards are considered sacred and that by smoking in it is against their culture. The GP elicited if the patient had any idea on how to fix it. After a sigh, the patient replied that he needed a priest. For the GP, although he knew the act had nothing to do about his condition, out of respect of the individualsââ¬â¢ belief, he acknowledged about the violation of their culture and that he would be able to give medicine to take care of his breathle ssness. In this case, the Maori patient really believed that the cause of his being unwell is rooted from him violating the Maori culture. Although the GP could have easily corrected the wrong notion, it would have been really difficult to have an argument especially if it contradicts ones cultural beliefs as it would mean for them as a sign of disrespect. The GP in this case was able to show signs that he respected their cultural system while presenting complementary solution from modern medicine which in turn helped hastens the intervention. The GP being comfortable with the disease attribution of the patient and by following the culture protocols while offering supportive assistance to deal with the patientââ¬â¢s breathlessness gave way for the Maori patient to be also comfortable in accepting treatment for both Maori and modern method of treating the condition. Case 2 Another case involving a 47 year old man of Maori descent who have encountered an injury from a crash at his work place as a driver. The health provider handling the patient had difficulty because the man is rude and unfriendly when they initially spoke on the phone. The issue was then brought up in a team meeting. Fortunately, one member is also a Maori who then suggested that a personal meeting is necessary between the health provider, his employer, client and his family. The meeting was then set and everyone was present including the clientsââ¬â¢ employer and whanau. During the meeting, the patient spoke that it was his first time to meet most who were in attendance. The patient also expressed his dismay about the different treatment plan suggested by different providers and that there was no clear information on when he is able to return to work. The patient is also concerned about the rehabilitation process as it might interfere with his duties in their cultural group. In this case, since all the variables that can be affected during the procedure were all present, it made easy to formulate a care plan. By doing this, a fast and significant recovery was experienced sooner than expected since everyone was motivated and at the same time very cooperative performing the planned care. Conclusion As a future health care provider in New Zealand, understanding the Maoriââ¬â¢s is very critical in providing health service and somehow will help fulfil what the Treaty of Waitangi is really for. Our aim as health care practitioners is not to change an individualsââ¬â¢ beliefs or customs. We should be advocates particularly to the disadvantaged for them to have control of their lives and be able to improve their ways of living most specially with their health. We should then encourage Maoriââ¬â¢s to look after their health and be able to support their own well-being. Caring for them is not limited to those who are sick only but also to their whanau where making right choices about maintaining good health practices should be inculcated fully. In order to be successful with such model, the Maoriââ¬â¢s and health care providers should be able to access the necessary resources. It should also be readily available, accepted and is in line with the maori culture. As most of us do, it is a must that we trust our own health care provider to let them handle any of our health conditions. Same with the Maoriââ¬â¢s, if they are satisfied and accept the treatment given then it gives them confidence that the health care provider understands where they are coming from and what they really need. For this, it is a must for all health care providers to increase their knowledge about the history of the Maori culture and better understand what the real intentions of the Treaty of Waitangi. This move will definitely make the health care provider be culturally competent and be able to effectively communicate with Maori individuals and their whanau. In addition, this will also encourage patients to seek help early and be able to provide pertinent clinical details. Bibliography Kunitz, S. J. (1994). Disease and Social Diversity: The European Impact on the Health of Non-Europeans. New York: Oxford University Press Inc. Mà ¤uri Ora Associates. (2006, October). Best health outcomes for Maori: Practice Implications. Retrieved April 2, 2015, from Medical Council of New Zealand: https://www.mcnz.org.nz/assets/News-and-Publications/Statements/Best-health-outcomes-for-Maori.pdf Ministry of Health. (2002). Reducing Inequalities in Health. Wellington: Ministry of Health.
Tuesday, August 20, 2019
The Life And Music Of John Coltrane Essay -- essays research papers f
A Brief Look Into The Life and Music of JOHN COLTRANE Ã Ã Ã Ã Ã John Coltrane was born in born in Hamlet, North Carolina on September 23, 1926. John Coltrane was an only child. His father, John was a tailor who played the violin and ukulele, and his mother Alice played piano and sang in the church choir. This was a great environment to foster his love of music. Coltrane soon moved with his family to the town of High Point, where his grandfather was the pastor of the A.M.E. Zion Church. His family was very religious and this instilled in him a deep devotion in religion. At the age of twelve Coltrane's received his first instrument a clarinet which he played for hours on end, that same year Coltrane?s father died. A year after Coltrane?s father died his mother decided to move away to North to Atlantic City to find a work. Ã Ã Ã Ã Ã Young Coltrane stayed in North Carolina with relatives. By his senior year, he had learned to play a borrowed alto saxophone and was getting recognition from his classmates and even the locals. Work was hard to find in most of the Southern states in 1943, so when John Coltrane graduated he and two friends decided to move to Philadelphia, where one of the friends' brothers already lived. Ã Ã Ã Ã Ã Coltrane would live in Philadelphia off and on until about 1957. His decision to migrate north was a common one, and Coltrane did indeed find work as a laborer in a sugar-refining factory. A couple of months later he enrolled in the Ornstein School of Music on 19th and Spruce Streets. In Philadelphia John Coltrane could hear a lot of the blues and jazz which weren't often broadcast in the South further extending his experience and horizons. He continued to practice his sax alone in his room until he was drafted into the Navy band in 1945. He returned to Philadelphia in 1946 after being discharged. At this point in his life Coltrane was totally committed to becoming a professional musician. Coltrane worked a variety of jobs through the late forties until in 1947 he joined Eddie Vinson's jazz band, switching reluctantly to play the tenor sax to do so. The group toured extensively, particularly in the South and southwest. It?s at this point that he started to drink excessively to top off his already heavy smoking habit. A short while after that he joined many other ... ...deas of his day and found his own particular niche which was influenced by Indian and African music, and his style continues to influence musicians today. One can only wonder what sorts of jazz music Coltrane may have explored beyond 17th of July 1967. His music lives on in the many recording, and in the music of those who worked with him. Bibliography: http://www.apassion4jazz.net/page3.html http://www.encyclopedia.com/articles/06601.html http://www.lis.uiuc.edu/~bjallen/freejazz.html http://www.olemiss.edu/courses/mus103/units/Jazz/JazzSlides/ppframe.htm http://www.firstcut.com/9613/g1.html http://encarta.msn.com/find/Concise.asp?ti=02417000#7 http://www.guitarmain.com/i_gloss.html http://www.allaboutjazz.com/threads/century.htm http://www.americanjazzmuseum.com/index.html http://www.northwestern.edu/jazz/artists/coltrane.john/ http://www.culturekiosque.com/jazz/miles/rhemile11.htm http://www.encyclopedia.com/articles/02957.html http://www.jazzandbluesmasters.com/Coltrane.htm http://www.jwri.osaka-u.ac.jp/~moon/john.html http://www.thejazzfiles.com/JazzColtrane.html http://www.allmusic.com/cg/amg.dll?p=amg&sql=Bmi3m967o3epo
Monday, August 19, 2019
Death in William Shakespeareââ¬â¢s Hamlet Essay -- William Shakespeare Ham
ââ¬Å"So shall you hear of carnal, bloody, and unnatural acts, of accidental judgments, casual slaughters, of deaths put on by cunning and forced cause,â⬠(Hamlet, Act V, Scene 2, Lines 381-384). So says Horatio, best friend of Prince Hamlet in the final few lines of the play. He speaks these words after the deaths of Hamlet, Claudius, King of Denmark, Gertrude, Queen of Denmark, and Laertes, son of Polonius. Also dead are Hamlet, King of Denmark, Rosencrantz and Guildenstern, former friends of Hamlet, Polonius, councilor to the King, and Ophelia, daughter of Polonius. Death is an extremely prevalent theme in William Shakespeareââ¬â¢s Hamlet. However, each death is unique in circumstances, causes, and effects. Three important deaths in Hamlet were the deaths of King Hamlet, Ophelia, and Prince Hamlet. The first, and probably most important death in Hamlet, is the death of Prince Hamletââ¬â¢s father, Hamlet, King of Denmark. Even though this death is not portrayed in the play, it sets off a chain of events that comprise the plot of Hamlet. Hamlet, King of Denmark died recently before the play begins. Claudius, King Hamletââ¬â¢s brother, succeeded him. This upset Prince Hamlet, who thought he should be the successor. Then, in the very first scene of the play, King Hamletââ¬â¢s ghost appears to some soldiers and Hamletââ¬â¢s friend Horatio. The ghost does not speak to them. Horatio tells Hamlet about the ghost, and eventually the ghost appears to Hamlet and speaks with him. The ghost surprises Hamlet...
Sunday, August 18, 2019
Anorexia and Bulimia :: Causes of Bulimia Nervosa, Anorexia
Bulimia nervosa is defined as two or more episodes of binge eating (rapid consumption of a large amount of food, up to 5,000 calories) every week for at least three months. The binges are sometimes followed by vomiting or purging and may alternate with compulsive exercise and fasting. The symptoms can develop at any age from early adolescence to 40, but usually become clinically serious in late adolescence. Ã Ã Ã Ã Ã Bulimia is not as dangerous to health as anorexia, but it has many unpleasant physical effects, including fatigue, weakness, constipation, fluid retention, swollen salivary glands, erosion of dental enamel, sore throat from vomiting, and scars on the hand from inducing vomiting. Overuse of laxatives can cause stomach upset and other digestive troubles. Other dangers are dehydration, loss of potassium, and tearing of the esophagus. These eating disorders also occur in men and older women, but much less frequently. Women with diabetes, who have a high rate of bulimia, often lose weight after an eating binge by reducing their dose of insulin. According to recent research, this practice damages eye tissue and raises the risk of diabetic retinopathy, which can lead to blindness. Ã Ã Ã Ã Ã Many anorectic women also indulge in occasional eating binges, and half of them make the transition to bulimia. About 40% of the most severely bulimic patients have a history of anorexia. It is not clear whether the combination of anorexia with bingeing and purging is more debilitating, physically or emotionally, than anorexia alone. According to some research, anorectic women who binge and purge are less stable emotionally and more likely to commit suicide. But one recent study suggests that, on the contrary, they are more likely to recover. Ã Ã Ã Ã Ã The exact cause of the disorder is unknown, but a variety of psychological, social, cultural, familial and biochemical theories are being investigated. Bulimia has been recognized for a much shorter time than anorexia, and there is less research on its origins. One theory is that bulimic women lack all the parental affection and involvement they need and soothe them with food as compensation. The overeating subdues feelings of which they are barely conscious, at the price of later shame and self-hatred. One recent study found that bulimic women differed from depressed and anxious women in several ways. They were more likely to be overweight, to have overweight parents, and to have begun menstruating early. They were also more likely to say that their parents had high expectations for them but limited contact with them.
Saturday, August 17, 2019
Content Management System
The Problem: It's Background A Content Management System (CMS) Is a computer program that allows publishing, editing and modifying content as well as maintenance from a central interface. One of the examples of Content Management System (CMS) is ââ¬Å"bloggingâ⬠. Blogging Is the act of posting content on d blog or posting comments on someone else's blog. Blogging is very popular today because it allows people to interact with each other.Blogging has also become a popular Search Engine Optimization (SEO) tool because search engines Ilke Google and Yahoo know that a blog Is frequently pdated with content or visitor comments, so their spiders visit blogs frequently looking for new content to include in their index. Additionally, blog content can be delivered automatically via electronic RSS (Really Simple syndication) data feeds. Visitors subscribe to a blog's feeds in order to stay up to date with content that's being posted on subjects that interest them.Blog feeds are then read by what's known as blog teed reader software, widely available for tree, so users can scan tor recent blog posts of interest on the blogs to which they subscribe. The purpose of his project proposal was to develop and Implementa CMS. This CMS will help us to inform easily the daily activities ot one person, the incoming events, news and some related topics. CMS will provide two users: The administrator and the user. Both administrator and user can post an article to that CMS, can also comment to some article that the other user posted, can also upload and download files.Manually posting the events or announcing is some problem encountered by those people who cant relate to those topics. Since the manual posting of event and announcing is always committing ontroversies after the process and some of us wants' to suggest about on what we want to see or happen on that event . So the researchers came up with an Idea of developing an Content Management System. This is very useful to ever yone especially to those busy people. They can browse the announcement anytime, everywhere with the use of Internet. A software application used to upload, edit, and manage content displayed on a website.A content management system can perform a variety of different tasks for a website including regulating when content is isplayed, how many times the content Is shown to a speclflc user, and managing how the content connects or interacts with other elements of the website. The idea behind developing a Content Management System was to Improve the public communication ot people and to give Ideas, sharing knowledge, suggestion and the freedom to express their thoughts. Statement ot Objectives In general, the main objective of the project was to develop a Content Management System. SpeclTlcally, tnls study almea to: 1 .Design a system that will easily provide accurate information of articles to the ser. 2. Decrease the time spent for manually posting information. 3. Decrease the space in managing articles and money consumed for manual posting of articles. 4. Version and control over the documents and the contents ââ¬â reused or not. Significance of the study The developed Content Management System hopes to make contribute to the following: User ââ¬â It is beneficial to the user by using the system and through this study it proves that the technology has a great effect to have an easy way of living.Administrator ââ¬â It is easier for the Admin to post announcements, events nd related information. It gives less effort to communicate. Researcher ââ¬â Found the findings useful as it served as basis in their future similar studies and this study provided them some insights and encouragement to do better systems that will contribute to their institution. Future Researcher ââ¬â This study can contribute to them as their basis and reference in constructing similar study. Scope and Delimitation The system focused on the development a Content Management S ystem.It provides accurate information to all users and satisfies the needs of the user. The system rovides a user-friendly environment and greater consistency and accuracy. The system entitled ââ¬Å"Content Management Systemâ⬠can be use to everyone. In this CMS, the user can choose categories, create her/his own article and she/he can post it. By posting the article, the other user can view/read the posted article. They can comments on that article, say what they want, give compliments, ECT.This project proposal includes uploading and downloading files. The limitation of the system is that, the categories are fixed. The user is required to choose categories so that they an create article and it will be post on the categories they choose. And only the Admin can manage to edit or delete the posted topic. Definition of terms To ensure better understanding on the parts of the readers, the standard and operational definition of terms in this study is hereby given: Accuracy ââ¬â The quality of being near to the true value.Article ââ¬â A piece or section that is part of a larger written work such as a magazine or a document. Blog ââ¬â is a website consisting of post appearing with the most recent entry appearing first Blogging ââ¬â The process of writing a blog, an online Journal in hich you share your thoughts about a particular subject with readers Categories ââ¬â Provide a helpful way to group related posts together, and to quickly tell readers what a post is about.Comments ââ¬â A statement of fact or opinion, especially a remark that expresses a personal reaction or attitude CMS (Content Management System) ââ¬â A web based database that can be accessed by computes Database ââ¬â A collection of information that is organized so that it can easily be accessed, managed, and updatea a- Inls Is tne process In wnlcn data Is sent to t your computer.Files ââ¬â Is an entity of data available to system users (including the system itself and its application programs) that is capable of being manipulated as an entity (for example, moved from one file directory to another Robustness ââ¬â In the context of computer software, robustness is the resilience of the system, especially when under stress or when confronted with invalid input. System ââ¬â A collection methods, procedures or techniques united by regular interaction to form an organized whole. Uploading ââ¬â This is the process of sending information to another computer.
Friday, August 16, 2019
Blaine Kitchenware
rP os t 4040 OCTOBER 8, 2009 TIMOTHY LUEHRMAN JOEL HEILPRIN op yo Blaine Kitchenware, Inc. : Capital Structure On April 27, 2007, Victor Dubinski, CEO of Blaine Kitchenware, Inc. (BKI), sat in his office reflecting on a meeting he had had with an investment banker earlier in the week. The banker, whom Dubinski had known for years, asked for the meeting after a group of private equity investors made discreet inquiries about a possible acquisition of Blaine. Although Blaine was a public company, a majority of its shares were controlled by family members descended from the firmââ¬â¢s founders together with various family trusts.Family interests were strongly represented on the board of directors as well. Dubinski knew the family had no current interest in sellingââ¬âon the contrary, Blaine was interested in acquiring other companies in the kitchen appliances spaceââ¬âso this overture, like a few others before it, would be politely rebuffed. No tC Nevertheless, Dubinski was st ruck by the bankerââ¬â¢s assertion that a private equity buyer could ââ¬Å"unlockâ⬠value inherent in Blaineââ¬â¢s strong operations and balance sheet. Using cash on Blaineââ¬â¢s balance sheet and new borrowings, a rivate equity firm could purchase all of Blaineââ¬â¢s outstanding shares at a price higher than $16. 25 per share, its current stock price. It would then repay the debt over time using the companyââ¬â¢s future earnings. When the banker pointed out that BKI itself could do the same thingââ¬âborrow money to buy back its own sharesââ¬âDubinski had asked, ââ¬Å"But why would we do that? â⬠The bankerââ¬â¢s response was blunt: ââ¬Å"Because youââ¬â¢re over-liquid and under-levered. Your shareholders are paying a price for that. â⬠In the days since the meeting, Dubinskiââ¬â¢s thoughts kept returning to a share repurchase.How many shares could be bought? At what price? Would it sap Blaineââ¬â¢s financial strength? Or prevent it from making future acquisitions? Blaine Kitchenwareââ¬â¢s Business Do Blaine Kitchenware was a mid-sized producer of branded small appliances primarily used in residential kitchens. Originally founded as The Blaine Electrical Apparatus Company in 1927, it produced then-novel electric home appliances, such as irons, vacuum cleaners, waffle irons, and cream separators, which were touted as modern, clean, and easier to use than counterparts fueled by oil, coal, gas, or by hand.By 2006, the companyââ¬â¢s products consisted of a wide range of small kitchen appliances used for food and beverage preparation and for cooking, including several branded lines of deep fryers, griddles, waffle irons, toasters, small ovens, blenders, mixers, pressure cookers, steamers, slow cookers, shredders and slicers, and coffee makers. ________________________________________________________________________________________________________________ HBS Professor Timothy A. Luehrman and Illinois Instit ute of Technology Adjunct Finance Professor Joel L.Heilprin prepared this case solely as a basis for class discussion and not as an endorsement, a source of primary data, or an illustration of effective or ineffective management. This case, though based on real events, is fictionalized, and any resemblance to actual persons or entities is coincidental. There are occasional references to actual companies in the narration. Copyright à © 2009 President and Fellows of Harvard College. To order copies or request permission to reproduce materials, call 1-800-545-7685, write Harvard Business Publishing, Boston, MA 02163, or go to http://www. bsp. harvard. edu. This publication may not be digitized, photocopied, or otherwise reproduced, posted, or transmitted, without the permission of Harvard Business School. This document is authorized for use only by Atul Singh at JRE Group of Institutions until June 2013. Copying or posting is an infringement of copyright. [emailà protected] harvard. edu or 617. 783. 7860. rP os t 4040 | Blaine Kitchenware, Inc. : Capital Structure Blaine had just under 10% of the $2. 3 billion U. S. market for small kitchen appliances.For the period 2003ââ¬â2006 the industry posted modest annual unit sales growth of 2% despite positive market conditions including a strong housing market, growth in affluent householders, and product innovations. Competition from inexpensive imports and aggressive pricing by mass merchandisers limited industry dollar volume growth to just 3. 5% annually over that same period. Historically, the industry had been fragmented, but it had recently experienced some consolidation that many participants expected to continue. In recent years, Blaine had been expanding into foreign markets.Nevertheless in 2006, 65% of its revenue was generated from shipments to U. S. wholesalers and retailers, with the balance coming from sales to Canada, Europe, and Central and South America. The company shipped approximately 14 mill ion units a year. op yo There were three major segments in the small kitchen appliance industry: food preparation appliances, cooking appliances, and beverage-making appliances. Blaine produced product for all three, but the majority of its revenues came from cooking appliances and food preparation appliances.Its market share of beverage-making appliances was only 2%. Most of BKIââ¬â¢s appliances retailed at medium price points, at or just below products offered by the best-known national brands. BKIââ¬â¢s market research consistently showed that the Blaine brand was well-known and well-regarded by consumers. It was associated somewhat with ââ¬Å"nostalgiaâ⬠and the creation of ââ¬Å"familiar, wholesome dishes. â⬠tC Recently, Blaine had introduced some goods with ââ¬Å"smartâ⬠technology features and sleeker styling, targeting higher-end consumers and intended to compete at higher price points.This strategy was in response to increased competition from Asian imports and private label product. The majority of BKIââ¬â¢s products were distributed via a network of wholesalers, which supplied mass merchandisers and department stores, but its upper-tier products were sold directly to specialty retailers and catalogue companies. Regardless of the distribution channel, BKI offered consumers standard warranty terms of 90 days to one year, depending on the appliance. No Blaineââ¬â¢s monthly sales reached a seasonal peak during October and November as retailers increased stock in anticipation of the holiday season.A smaller peak occurred in May and June, coinciding with Motherââ¬â¢s Day, a summer surge in weddings, and the seasonal peak in home purchases. Historically, sales of Blaine appliances had been cyclical as well, tending to track overall macroeconomic activity. This also was the case for the industry as a whole; in particular, changes in appliance sales were correlated with changes in housing sales and in home renovation and hou sehold formation. BKI owned and operated a small factory in Minnesota that produced cast iron parts with specialty coatings for certain of its cookware offerings.Otherwise, however, Blaine, like most companies in the appliance industry, outsourced its production. In 2006 BKI had suppliers and contract manufacturers in China, Vietnam, Canada, and Mexico. Do Victor Dubinski was a great-grandson of one of the founders. An engineer by training, Dubinski served in the U. S. Navy after graduating from college in 1970. After his discharge, he worked for a large aerospace and defense contractor until joining the family business in 1981 as head of operations. He was elected to the board of directors in 1988 and became Blaineââ¬â¢s CEO in 1992, succeeding his uncle.Under Dubinskiââ¬â¢s leadership, Blaine operated much as it always had, with three notable exceptions. First, the company completed an IPO in 1994. This provided a measure of liquidity for certain of the foundersââ¬â¢ desc endants who, collectively, owned 62% of the outstanding shares 2 BRIEFCASES | HARVARD BUSINESS SCHOOL This document is authorized for use only by Atul Singh at JRE Group of Institutions until June 2013. Copying or posting is an infringement of copyright. [emailà protected] harvard. edu or 617. 783. 7860. rP os t Blaine Kitchenware, Inc. : Capital Structure | 4040 ollowing the IPO. Second, beginning in the 1990s, Blaine gradually moved its production abroad. The company began by taking advantage of NAFTA, engaging suppliers and performing some manufacturing in Mexico. By 2003, BKI also had established relationships with several Asian manufacturers, and the large majority of its production took place outside the United States. Finally, BKI had undertaken a strategy focused on rounding out and complementing its product offerings by acquiring small independent manufacturers or the kitchen appliance product lines of large diversified manufacturers.The company carefully followed changes in customer purchasing behavior and market trends. Victor Dubinski and the board were eager to continue what they believed had been a fruitful strategy. The company was particularly keen to increase its presence in the beverage appliance segment, which demonstrated the strongest growth and where BKI was weakest. Thus far, all acquisitions had been for cash or BKI stock. op yo Financial Performance During the year ended December 31, 2006, Blaine earned net income of $53. 6 million on revenue of $342 million.Exhibits 1 and 2 present the companyââ¬â¢s recent financial statements. Approximately 85% of Blaineââ¬â¢s revenue and 80% of its operating income came from the sale of mid-tier products, with the line of higher-end goods accounting for the remainder. The companyââ¬â¢s 2006 EBITDA margin of nearly 22% was among the strongest within the peer group shown in Exhibit 3. Despite its recent shift toward higher-end product lines, Blaineââ¬â¢s operating margins had decreased s lightly over the last three years. Margins declined due to integration costs and inventory write-downs associated with recent acquisitions.Now that integration activities were completed, BKI executives expected the firm to achieve operating margins at least as high as its historical margins. tC The U. S. industry as a whole faced considerable pressure from imports and private label products, as well as a shift in consumer purchasing preferences favoring larger, ââ¬Å"big boxâ⬠retailers. In response, some of Blaineââ¬â¢s more aggressive rivals were cutting prices to maintain sales growth. Blaine had not followed suit and its organic revenue growth had suffered in recent years, as some of its core products lost market share.Growth in Blaineââ¬â¢s top line was attributable almost exclusively to acquisitions. No Despite the companyââ¬â¢s profitability, returns to shareholders had been somewhat below average. Blaineââ¬â¢s return on equity (ROE), shown below, was signif icantly below that of its publicly traded peers. 1 Moreover, its earnings per share had fallen significantly since 2004, partly due to dilutive acquisitions. Companies 2006 ROE Do Home & Hearth Design AutoTech Appliances XQL Corp. Bunkerhill Incorporated EasyLiving Systems Mean 11. 3% 43. 1% 19. 5% 41. 7% 13. 9% 25. 9%Median 19. 5% Blaine 11. 0% 1 ROE is computed here as net income divided by end-of-period book equity. HARVARD BUSINESS SCHOOL | BRIEFCASES This document is authorized for use only by Atul Singh at JRE Group of Institutions until June 2013. Copying or posting is an infringement of copyright. [emailà protected] harvard. edu or 617. 783. 7860. 3 rP os t 4040 | Blaine Kitchenware, Inc. : Capital Structure During 2004ââ¬â2006, compounded annual returns for BKI shareholders, including dividends and stock price appreciation, were approximately 11% per year.This was higher than the S&P 500, which returned approximately 10% per year. However, it was well below the 16% an nual compounded return earned by shareholders of Blaineââ¬â¢s peer group during the same period. Financial Policies op yo Blaineââ¬â¢s financial posture was conservative and very much in keeping with BKIââ¬â¢s long-standing practice and, indeed, with its management style generally. Only twice in its history had the company borrowed beyond seasonal working capital needs. The first time was during World War II, when it borrowed from the U. S. government to retool several factories for war production.The second time was during the first oil shock of the 1970s. On both occasions the debt was repaid as quickly as possible. At the end of 2006, Blaineââ¬â¢s balance sheet was the strongest in the industry. Not only was it debtfree, but the company also held $231 million in cash and securities at the end of 2006, down from $286 million two years earlier. Given such substantial liquidity, Blaine had terminated in 2002 a revolving credit agreement designed to provide standby credit for seasonal needs; the CFO argued that the fees were a waste of money and Dubinski agreed.In recent years the companyââ¬â¢s largest uses of cash had been common dividends and cash consideration paid in various acquisitions. Dividends per share had risen only modestly during 2004ââ¬â2006; however, as the company issued new shares in connection with some of its acquisitions, the number of shares outstanding climbed, and the payout ratio rose significantly, to more than 50% in 2006. tC 2004 $ 53,112 $ 18,589 41,309 $ 1. 29 $ 0. 45 35. 0% 2005 $ 52,435 $ 22,871 48,970 $ 1. 07 $ 0. 47 43. 6% 2006 $ 53,630 $ 28,345 59,052 $ 0. 91 $ 0. 48 52. 9% No Net income Dividends Average shares outstanding Earnings per shareDividend per share Payout ratio Do The next largest use of funds was capital expenditures, which were modest due to Blaineââ¬â¢s extensive outsourcing of its manufacturing. Average capital expenditures during the past three years were just over $10 million per year. Wh ile they were expected to remain modest, future expenditures would be driven in part by the extent and nature of Blaineââ¬â¢s future acquisitions. In recent years, after-tax cash generated from operations had been more than four times average capital expenditures and rising, as shown in the table below. 4 2004 EBITDA Less: Taxes After-Tax Operating Cash Flow 2005 69,370 24,989 44,380 $ 68,895 24,303 44,592 2006 $ 73,860 23,821 50,039 AVG. 46,337 BRIEFCASES | HARVARD BUSINESS SCHOOL This document is authorized for use only by Atul Singh at JRE Group of Institutions until June 2013. Copying or posting is an infringement of copyright. [emailà protected] harvard. edu or 617. 783. 7860. Reassessing Financial Policies in 2007 rP os t Blaine Kitchenware, Inc. : Capital Structure | 4040 In 2007 Blaine planned to continue its policy of holding prices firm in the face of competitive pressures. Consequently, its managers were expecting top line growth of only 3% for fiscal year 2007.Howev er, this growth rate assumed no acquisitions would be made in 2007, unlike the previous two years. While the board remained receptive to opportunities, Dubinski and his team had no target in mind as yet at the end of April. op yo As he reflected on the possibility of repurchasing stock, Dubinski understood that he could consider such a move only in conjunction with all of BKIââ¬â¢s financial policies: its liquidity, capital structure, dividend policy, ownership structure, and acquisition plans. In addition, he wondered about timing. Blaineââ¬â¢s stock price was not far off its all-time high, yet its performance clearly lagged that of its peers.A summary of contemporaneous financial market information is provided in Exhibit 4. Dubinski had begun to suspect that family members on the board would welcome some of the possible effects of a large share repurchase. Assuming that family members held on to their shares, their percentage ownership of Blaine would rise, reversing a downw ard trend dating from BKIââ¬â¢s IPO. It also would give the board more flexibility in setting future dividends per share. Both Dubinski and the board knew that the recent trend in BKIââ¬â¢s payout ratio was unsustainable and that this concerned some family members.Do No tC On the other hand, a large repurchase might be unpopular if it forced Blaine to give up its war chest and/or discontinue its acquisition activity. Perhaps even more unsettling, it would cause Blaine to borrow money. The company would be paying significant interest expense for only the third time in its history. As Dubinski turned his chair to face the window, he glanced at the framed photo behind his desk of his great grandfather, Marcus Blaine, demonstrating the companyââ¬â¢s first cream separatorââ¬âits best-selling product during Blaineââ¬â¢s first decade.A real Blaine Electrical Cream Separator sat in a glass case in the corner; the last one had been manufactured in 1949. HARVARD BUSINESS SCHOO L | BRIEFCASES This document is authorized for use only by Atul Singh at JRE Group of Institutions until June 2013. Copying or posting is an infringement of copyright. [emailà protected] harvard. edu or 617. 783. 7860. 5 Exhibit 1 rP os t 4040 | Blaine Kitchenware, Inc. : Capital Structure Blaine Kitchenware, Inc. , Income Statements, years ended December 31, ($ in Thousands) Operating Results 2004 2005 2006 $291,940 204,265 Net Income Dividends 63,946 9,914 68,895 73,860 60,682 16,057 63,946 3,506 78,101 24,989 76,738 24,303 77,451 23,821 52,435 $ 22,871 53,630 $ 28,345 5. 5% 11. 1% op yo Earnings Before Tax Less: Taxes 60,682 8,213 53,112 $ 18,589 EBIT Plus: Other Income (expense) 92,458 28,512 62,383 15,719 EBITDA 87,731 27,049 69,370 Operating Income Plus: Depreciation & Amortization $342,251 249,794 62,383 6,987 Gross Profit Less: Selling, General & Administrative $307,964 220,234 87,676 25,293 Revenue Less: Cost of Goods Sold Margins Revenue Growth 3. 2% Gross Margin 30. 0% 28. 5% 27. 0% 21. 4% 19. 7% 18. 7% 23. 8% 22. 4% 21. 6% 32. 0% 31. 7% 30. 8% Net Income Margin 18. 2% 17. 0% 15. 7% Dividend payout ratio 5. 0% 43. 6% 52. 9% EBIT Margin EBITDA Margin Blaine's future tax rate was expected to rise to the statutory rate of 40%. Do No a. tC Effective Tax Ratea 6 BRIEFCASES | HARVARD BUSINESS SCHOOL This document is authorized for use only by Atul Singh at JRE Group of Institutions until June 2013. Copying or posting is an infringement of copyright. [emailà protected] harvard. edu or 617. 783. 7860. Exhibit 2 rP os t Blaine Kitchenware, Inc. : Capital Structure | 4040 Blaine Kitchenware, Inc. Balance Sheets, December 31, ($ in Thousands) Assets 2004 Cash & Cash Equivalents 2005 2006 $ 67,391 Goodwill Other Assets Total Assets p yo Property, Plant & Equipment 48,780 49,728 54,874 3,871 5,157 376,351 Total Current Assets 43,235 2,586 Other Current Assets 164,309 47,262 Inventory $ 66,557 196,763 40,709 Accounts Receivable $ 70,853 218,403 Marketable Sec urities 364,449 339,678 99,402 138,546 174,321 8,134 20,439 38,281 13,331 27,394 39,973 $497,217 $550,829 $592,253 $ 26,106 $ 28,589 $ 31,936 22,605 24,921 27,761 14,225 17,196 16,884 62,935 70,705 76,581 1,794 3,151 4,814 15,111 18,434 22,495 79,840 92,290 103,890 Liabilities & Shareholders' Equity Accounts Payable Accrued Liabilities Taxes Payable Total Current Liabilities Other liabilitiesDeferred Taxes tC Total Liabilities Shareholders' Equity Total Liabilities & Shareholders' Equity 458,538 488,363 $550,829 $592,253 Many items in BKIââ¬â¢s historical balance sheets (e. g. , Property, Plant & Equipment) have been affected by the firmââ¬â¢s acquisitions. Do No Note: 417,377 $497,217 HARVARD BUSINESS SCHOOL | BRIEFCASES This document is authorized for use only by Atul Singh at JRE Group of Institutions until June 2013. Copying or posting is an infringement of copyright. [emailà protected] harvard. edu or 617. 783. 7860. 7 This document is authorized for use only by Atul Si ngh at JRE Group of Institutions until June 2013.Copying or posting is an infringement of copyright. [emailà protected] harvard. edu or 617. 783. 7860. 45. 18% 31. 12% Net Debt/Equity Net Debt/Enterprise Value b. Net debt is total long-term and short-term debt less excess cash. a. Net working capital excludes cash and securities. 1. 91x 10. 56x 9. 46x 1. 63x 1. 03 776,427 $1,127,226 $ 350,798 372,293 475,377 LTM Trading Multiples MVIC/Revenue MVIC/EBIT MVIC/EBITDA Market/Book equity Equity beta Market capitalization Enterprise value (MVIC) Net debtb Total debt Book equity $ 21,495 54,316 900,803 $ 976,613 31. 74% 24. 10% 1. 02x 7. 35x 6. 03x 4. 26x 1. 24 17. 97% 15. 23% 1. 5x 8. 65x 7. 84x 2. 51x 0. 96 5,290,145 $6,240,947 $ 950,802 972,227 2,109,400 $ 21,425 353,691 3,322,837 $3,697,952 $4,313,300 721,297 796,497 $ 412,307 XQL Corp. -15. 47% -18. 31% 1. 87x 18. 05x 15. 15x 4. 41x 0. 67 418,749 $ 353,949 $ (64,800) 177,302 94,919 $ 242,102 21,220 68,788 $ 332,110 $ 188,955 19,613 23,356 $ 13,173 EasyLiving Systems 4040 -8- -24. 06% -31. 68% 2. 13x 11. 40x 9. 87x 1. 96x 0. 56 959,596 $ 728,730 $(230,866) 488,363 $ 230,866 32,231 174,321 $ 592,253 $ 342,251 63,946 73,860 $ 53,630 Blaine Kitchenware rP os t 6. 01% 5. 67% 1. 14x 7. 42x 6. 88x 4. 93x 0. 92 3,962,780 $4,200,836 $ 238,056 391,736 04,400 $ 153,680 334,804 815,304 $1,303,788 $3,671,100 566,099 610,399 $ 335,073 Bunkerhill, Inc. op yo 13,978,375 $18,415,689 $4,437,314 4,973,413 3,283,000 $ 536,099 1,247,520 7,463,564 $9,247,183 $18,080,000 2,505,200 3,055,200 $1,416,012 AutoTech Appliances tC No $ 589,747 106,763 119,190 $ 53,698 Home & Hearth Design Selected Operating and Financial Data for Public Kitchenware Producers, 12 months ended December 31, 2006, ($ in Thousands) Cash & securities Net working capitala Net fixed assets Total assets Revenue EBIT EBITDA Net income Exhibit 3 Do Exhibit 4 rP os t Blaine Kitchenware, Inc. : Capital Structure | 4040Contemporaneous Capital Market Data (April 21, 2007 ) Yields on U. S. Treasury Securities Maturity 30 days 60 days 90 days 1 year 5 years 10 years 20 years 30 years op yo 4. 55% 4. 73% 4. 91% 4. 90% 4. 91% 5. 02% 5. 26% 5. 10% Default spread 0. 86% 1. 02% 1. 33% 1. 70% 2. 86% 3. 92% Do No tC Seasoned corporate bond yields Moody's Aaa 5. 88% Aa 6. 04% A 6. 35% Baa 6. 72% Ba 7. 88% B 8. 94% HARVARD BUSINESS PUBLISHING | BRIEFCASES This document is authorized for use only by Atul Singh at JRE Group of Institutions until June 2013. Copying or posting is an infringement of copyright. [emailà protected] harvard. edu or 617. 783. 7860. 9
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