Sports and the Business World Essay - 1266 Words

Sports and the Business World nbsp;nbsp;nbsp;nbsp;nbsp;In the wide world of sports, teams will try and find a way to better market themselves in the nation to make more revenue. There are many ways to market your team but in the newer generation teams have been taking a different approach. Most teams will advertise there big sports star in trying to have people buy there gear, buy tickets, or simply support their team. But the most effective way to market your team is getting to the kids first. In advertising for a younger generation, you will tie the kids in more at an earlier age and hopefully will stay with the team throughout the years. nbsp;nbsp;nbsp;nbsp;nbsp;Reaching tomorrow’s fans, teams seek long-term benefits†¦show more content†¦As teams use youth marketing to make their organization grow, they must realize it’s important to know the most appropriate time to deliver certain messages. Marketers must understand that marketing to a seven year old must be different than marketing to a ten year old. For example, the NFL has been working in the past few months to sharpen their focus. They have really focused on the eleven to fourteen year old group. Statistics show that the time in the life cycle when kids are making decisions about participating in football and long-lasting decisions about sports consumption and viewership. nbsp;nbsp;nbsp;nbsp;nbsp;Many teams have decided that the best way to create interest among kids and teenagers is to market to their parents, using as a hook the sporting event as the ideal family outing. Team’s youth target the kids indirectly through their parents. Using print ads in regional editions of family and parenting magazines, are just some of the ways that Anaheim Angels Robert Alvarado, director of marketing and promotions uses to incorporate families. He also runs ads targeted at kids, including spots on the local Radio Disney affiliate that promote the team’s kid-friendly giveaways. In addition to those giveaways, the Angels have three main youth-focused in-stadium events: a kid’s opening day, held during the season’s first home stand but after the actual season opener; a Kids Run the Show day, in which childrenShow MoreRelatedWhy I Chose the Munich Business School738 Words   |  3 Pagesto be a student at Munich Business School the coming fall. In my leisure time, I enjoy reading books, playing sports, and taking the occasional piano lessons. When I started searching for colleges in Germany, I was fond of Munich Business School. I chose Munich Business School because it’s a leading university in Germany. It offers vast opportunities to gain knowledge and practical experience to work successfully in nearly any business field. Moreover, Munich Business School offers an English trackRead MoreSports : Sports Business Management Essay1300 Words   |  6 PagesUCF Sports Business Management Masters In order to be successful in sports business, one must be able to relate to the complex relationship between profitability and maintaining relationships. Having relevant experience and and education of these issues in sports is paramount to finding this success. This includes work with the community and other extracurricular activities that help one understand what it takes to be a successful sports professional. I will outline the experience, educations, andRead MoreBiography of Mark Zuccerburg Essay example1370 Words   |  6 Pagesrevolutionized the field of business through social media. Barak Obama, the first African American president, transformed the field of health with his controversially 21st century â€Å"Obama Care†. 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Gender, Sexuality, Reproduction, And Motherhood - 1727 Words

Prior to and during the 1960’s the traditional outlook on women as equals was limites in nearly every aspect. From marriage, sexuality, reproduction, and motherhood a woman was expected to follow a pre destined order and timeline in life to complete these tasks. The expectation of women at the time was to marry young, 18-24, and quickly start a family where she would devote her life to raising children and housekeeping. Wives of the time period shouldered the responsibilities of child care and home making, while men were expected to merely work, come home to a clean house and dinner, and then slip off to bed. Until the late-1960’s when women began pushing for social change to rid themselves from the slavery of traditional womanhood. Though this life style seems more like imprisonment, some women didn’t feel that way, for example my grandmother Armalene Haxby, was content in her role as the home maker. However we know that this idea wasn’t shared with the r est of American women. The 1960’s was filled with social reforms and women rights protest meant to free the American women to be equal to their male counter parts. An excerpt from Betty Friedan s book The Feminine Mystique, gave insight to some women’s outlook on life, I m desperate. I begin to feel I have no personality. I m a server of food and a putter-on of pants and a bed maker, somebody who can be called on when you want something. But who am I?(Friedan 63) What was it like to be a house wife? Was it in factShow MoreRelatedThe Case For Feminist Revolution By Shulamith Firestone879 Words   |  4 PagesFrom the introduction of birth control to the acceptance of surrogacy, feminists have fought for every milestone. In today’s society, reproductive and medical technologies are growing at an incredible rate, allowing individuals to be liberated from gender conventions and oppression. 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Monomaternalism has been defined by Shelley Park (2013) as an ideology and practice that upholds the heteropatriarchal nuclear family, residing at the â€Å"intersection of patriarchy, heteronormativity, capitalism, and Eurocentrism†Read MoreAn Overview of Republican Motherhood1445 Words   |  6 PagesRepublican Motherhood is a term used to describe women’s attitudes and roles before, during, and after the American Revolution. These republican mother s, daughters of patriots, were raised with the ideals of republicanism, and were expected to pass on these ideals to the next generation. Republican Motherhood enforced the concept that a domestic women’s domain of life should be kept somewhat separate from men, and that their role was extremely important in raising the next generation. 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They insisted that if gender equality is the goal, we must first examine men’s and women’s sexual and reproductive rights and responsibilities. Then we will understand why systems that encourage male domination and female inferiority are so determined and prevalent. Radical-libertarian feminists claimed that women need to be liberated not only from the encumbrance of natural reproduction and bio logical motherhood but also from

Great Gatsby and the American Dream Free Essays

The Great Gatsby and the American Dream There is really no set definition of what the American Dream is, everyone has different views on what they see it as. The main idea of the American Dream is pretty much making it big and being successful in life, having everything you need, wealth, prosperity, love and happiness. Jay Gatsby portrays the American Dream in some senses but not to its full potential. We will write a custom essay sample on Great Gatsby and the American Dream or any similar topic only for you Order Now Throughout the novel The Great Gatsby the American Dream isn’t shown in its positive light but, more of the opposite of that: more of the downfall or failure of it. Everyone wanted to be living the American Dream – the pursuit of happiness in life. In the 1920’s instead of going for things that brought happiness everyone seemed to revolve around money, wealth, and power. Instead of finding happiness with what they had they were all trying to attain money and power and believed this would lead to happiness. If they had all that already they took it all for granted and didn’t see everything that they had right there in front of them. Although it may have seemed someone had it all on the outside, once you really knew the person you could see that they weren’t living the best life and weren’t that much better than anyone else. The American Dream took a lot to actually achieve and no one really lived the actual dream because of many reasons but they were living some aspects of it. The three main characters fail to pursue the American Dream to its entirety – for Gatsby he tried to be something he wasn’t only so he could get Daisy and love, without this he was nothing; for Daisy it was because of greed she lived for money and social status which got in the way of her happiness and being with who she really loved; and for Tom his money gets in the way of morals and he took everything he had in front of him for granted. Jay Gatsby went from nothing to something to try to win over Daisy. His American Dream wasn’t about having material things, although it involved having to get them, instead it was trying to get the love of Daisy. Earlier in his life when he first fell in love with Daisy he was a poor man and Daisy didn’t want that at all. Due to Gatsby’s low social standing she wouldn’t be with him. Gatsby wanted a better life and he thought he could do it if he put his mind to it, which is also a part of the American Dream. Eventually he got money and became rich but he did this through illegal methods. This is the complete opposite of what the American Dream is because it’s supposed to be achieved through good virtue and hard work. He threw extravagant parties only to try and get close to Daisy, hoping that she would show up to them, but he himself never actually attended his parties. He wasn’t living a very great life as it seemed to everyone else, it was all a lie. The only thing that gave his life meaning was Daisy and that was the one thing he couldn’t have. She only came back to Gatsby after Gatsby attained his millions and was part of the high social class, but his life still wasn’t very stable. This shows that she let wealth get in the way of her love. Daisy loved Gatsby but because of the fact that there was really no stability in his life she didn’t feel comfortable with it and wouldn’t leave Tom for him. She was after the money and because Tom was settled down she decided to stay with him where it was safe. Greed and the fact that money took priority over everything with her was what held her back from happiness and living the American Dream. Tom was cheating on Daisy but she still stayed with him regardless just because she was comfortable with that lifestyle of being in the upper class and being seen as wealthy. Tom was a rich, handsome, successful man with a wife and family, and everything going for him, but instead of being happy with what he had he went and ruined others’ lives. He cheated on Daisy with Myrtle who was married to Wilson and destroyed their marriage. His money got in the way of his morals, family, and living the American Dream. Tom and Daisy somewhat represent the American Dream through their wealth and prosperity this was only a part of the dream not the whole picture because they still weren’t happy they just possessed the material items. The American Dream is contradicted, everyone wanted it but no one lived it for what it was supposed to be. Gatsby in the end sees himself as a failure when Daisy chooses Tom instead of him. The failure of Gatsby’s hoped for life relates to the failure of the American Dream. Without his dream Gatsby has nothing – nothing to keep him going, no direction, and no purpose to live. He was unsatisfied with life and in the end, Wilson had killed him. This shows that Jay Gatsby’s American Dream didn’t go anywhere and wasn’t satisfied to its full extent although he attempted to succeed he failed. The extent of the novel The Great Gatsby representing the American Dream is more of showing that the American Dream isn’t always achieved and doesn’t always work out the way you want it to or think it should. The American Dream is hard to achieve and it seems as if it’s impossible for anyone to actually achieve every aspect of it, so it is just what it is, a dream. How to cite Great Gatsby and the American Dream, Essay examples

Relationship Between Investment Growth and Managerial Ownership

Question: Discuss about the Relationship Between Investment Growth and Managerial Ownership. Answer: Relationship Between the Investment Growth and Firms Usage of Derivatives The use of derivatives is primarily directed to achieve risk reduction. There are different strategies that can be formed using various derivative products such as forward contract, Futures, Options, and Swaps (Lynch, 2011). The primary objective of these strategies is to reduce the financial risk that may arise due to change in interest rates, inflation, foreign exchange rates, and the capital market indices. The investment growth is coherently related to the risk of investment (Titman, Wei, and Xie, 2004). The risk of investment is the possibility of incurring losses on the proposed investments. Thus, as the probability of incurring losses on the proposed investments goes high, the risk of investment mounts up and the growth of investment is affected adversely. Conversely, when the risk of investment is low, the firms believe in increasing the amount of investment and the growth of investment is enhanced (Titman, Wei, and Xie, 2004). Thus, there exists a strong adverse relationship between the investment growth and the risk of investment. Further, the risk of investment could be correlated to the use of derivatives of a firm. The derivatives are used to reduce the risk, thus, with the use of derivatives the risk of investment goes down which increases the growth of investments. Therefore, it could be inferred that a firm with usages of derivatives will achieve high growth in investment in comparison to the one which does not use derivatives (Sajjad, Noreen, and Zaman, 2013). A research was conducted by Shaari (2013), to explore the impact of use of derivatives on the investment growth. For this purposes, two factors such as capital expenditure and dividend payout ratio were taken as the representatives of investment growth. The empirical evidences show that there exists a positive relationship between the capital expenditure and use of derivatives (Shaari, et al., 2013). This implies that the firms using derivatives get the coverage against risk and that gives them the confidence to diversify and expand by increasing the amount of capital expenditure. For example, a firm considering expanding its operations in other countries gets exposed to the risk of foreign exchange (Shaari, et al., 2013). In order to cover this risk of foreign exchange, the firm can do currency hedging using derivatives such as future contract, forward contract, and option contracts. Now, since the risk of foreign exchange is covered, the firm can go for expansion beyond local boundaries with confidence (Shaari, et al., 2013). Further, it has been observed that the analysts have now started considering derivatives in investment appraisals. The real option in capital budgeting is the prominent example. Real option in capital budgeting can be used to cover the risk of failure of the investment project. The founder of business can enter into a contract to sell the business for a specified value at some pre-fixed date (Jacque, 2014). Thus, it reduces the risk of failure of business by covering the sales consideration. In this regard, it should be noted that if the risk of failure of business is adequately covered the investors will be willing to enhance their investment and an automatic rise in the investment growth could be observed (Jacque, 2014). Relationship Between Managerial Ownership and Firms Usage of Derivatives In the context of decision making, the managerial ownership refers to the mix of insiders and outsiders who take active part in taking strategic decisions for the firm. The insiders in this context refer to the people of management such as managing director, chief financial officer, and chief executive officer while the outsiders refer to the equity owners (Shaari, et al., 2013). The structure and size of the management within the firm does have great bearing on the strategic decision making of the firm. Further, the size of management of the firm is also linked with the scale of operations of the firm. The larger the scale of operations of the firm, wider will be the size of management. It could be observed that a small firm is managed by the owner himself while the large corporations have dedicated teams for specified jobs (Shaari, et al., 2013). In order to understand the relationship between the managerial ownership and the use of derivatives, it is important to re-emphasize the need of use of derivates. The firms use derivatives to hedge against the price fluctuations. These price fluctuations could be related to stock prices, commodity prices, currency rates, or interest rates. Now, three different variables could be used to assess the relationship between the managerial ownership and the firms usages of derivative (Adkins, Carter, Simpson, 2006). These three different variables are ownership by insiders, ownership by institutional block holders, and CEO compensation. In regard to the ownership by insiders, the findings of the research reveal that larger the ownership is with the insiders; lesser will be the possibility to use derivatives for hedging the risk (Adkins, Carter, Simpson, 2006). This happened because when the insiders own large part of equity of the firm, they would want to increase value of their holding. The value of their holdings could be increased with the increased volatility or risk, thus, they may take decision to not to opt for hedging (Adkins, Carter, Simpson, 2006). Further, in regard to the second variable that is ownership by institutional block holders, it was observed that as the ownership on the institutional shareholders increases, the firms use of derivatives for hedging also increases. This happens because the institutional investors are considered risk-averse investors and they do not want to keep their exposure open. Further, the institutional investors also does not take part in the day to day management of the firm, therefore, they want to be affirmed about the bottom line performance by appropriately guarding it against any type of risk (Adkins, Carter, Simpson, 2006). The third variable that is CEO compensation is the most crucial in understanding the relationship between managerial ownership and the use of derivatives by the firm (Adkins, Carter, Simpson, 2006). This is because the chief financial offer is the upper most authority in the management and finality of the decision to hedge or not depends upon him. In this regard, it has been explored that if the CEO compensation is given to a large extent in the form of share options, the likelihood of using derivatives to hedge the risk goes down. This happens because the CEO would want to enhance value of his share options (compensation), which is possible with increased risk. Thus, in such cases, the CEO might decide not opt for derivatives and hedge the risk (Adkins, Carter, Simpson, 2006). Relationship Between Liquidity and Firms Usage of Derivatives The liquidity refers to the firms ability to pay off short term debt as and when it falls due for payment. The liquidity of a firm is indicated by the current and quick ratio (Shaari, et al., 2013). The current ratio which is computed by dividing the current assets by the current liabilities is considered to be the prominent indicator liquidity. The use of derivatives in respect to the items of current assets and current liabilities is essential in establishing its linkage with liquidity. In respect to current assets, a firm may use derivatives to hedge the foreign currency accounts payables and bills receivables. Further, in regard to the current liabilities, the firm could use derivatives to hedge the exposure on the foreign currency accounts payables, note payables, and other short terms foreign currency loans (Shaari, et al., 2013). In order to find out the relationship between liquidity and the use of derivatives, current ratio has been considered as proxy (Shaari, et al., 2013). The result of empirical research conducted in this area depicts that there exists an adverse relationship between current ratio and the usages of derivatives. This implies that when the current ratio goes up, the firms usage of derivatives in hedging the risk goes down and vises a versa. Thus, it could be inferred that an adverse relationship exists between liquidity and the usages of derivatives by the firm (Shaari, et al., 2013). It has been observed that the firms with high current ratio (adequate liquidity), face little risk and thus, the need to reduce the risk further using derivatives remains less. The adequacy of funds to meet out the short term debt makes the firm independent and reduces the financial risk to a great extent. This appears to be the most probable reason for adverse relationship between the usages of firms derivatives and liquidity (Shaari, et al., 2013). Relationship Between Profitability and Firms Usage of Derivatives It is crucial to understand the relationship between profitability and the firms usages of the derivatives. All the firms operate with the primary objective of bringing stability in the profitability. Therefore, it is quite common to understand that all strategies and policies of the firm will be directed to stabilize the profitability, whether those strategies are risk management strategies with usages of derivatives or other strategies and plans. It is an established fact that the firms with adequate risk management outperform the others which are not able to manage the risk adequately (Chanzu and Gekara, 2014). The use of derivatives is a strategy that a firm plans for financial risk control and reduction. Thus, there would be definitely an impact of usages of derivatives on the firms profitability. However, the magnitude of the impact will depend upon the efficacy with which the firm usages the derivatives to reduce the financial risk (Chanzu and Gekara, 2014). Generally, the usages of derivatives will reduce the risk exposure and thus, the portability can be expected to stabilize (Shaari, et al., 2013). However, the use of derivatives to reduce the risk exposure could be quite costly and for that reason it may reduce the profits of the firm. The firm has to pay high premiums in the case of derivatives such as future contracts, forward contracts, and option contracts. Thus, if the strategies to hedge the risk are not planned appropriately, it may adversely affect the profitability. The commonly accepted principle that lower the risk lower will be the profitability and vice a versa, also proves to be true in the case of usage of derivatives. The use of derivatives reduces the volatility in profitability but at the same time it also increases the cost thus, bringing the profitability down (Shaari, et al., 2013). The researches have been conducted to find out the impact of use of derivatives on return on equity and return on assets. The return on equity and return on assets are considered to be adequate representatives of profitability. The return on equity measures the percentage of net profit to the shareholders equity deployed in the business while the return on assets shows overall profitability of the firm. The empirical evidences depicts that both the return on equity as well as return on assets goes down with the usages of derivatives (Shaari, et al., 2013). There has been observed a negative relationship between the use of derivatives and the return earned by the firm. These empirical evidences can also be supported by the theories of financial management also. The theories of financial management state that as the risk reduces, the return goes down (Brigham and Ehrhardt, 2007). Further, there is one more reason for reduction in the return on equity and the return on assets with the usage of derivatives. This is related to the impact of derivative contracts on the balance sheet (Ramirez, 2015). The derivative contracts increase equity or liability on one side and assets on the other side of the balance sheet. Further, the cost of derivatives such as premium reduces the net profits of the firm. Thus, the combined effect of increase in equity and reduction in net profits causes the return on equity to go down. Similarly, the increase in assets and reduced profits cause the return on assets to decrease (Ramirez, 2015). References Adkins, L.C., Carter, D.A., Simpson, W.G. 2006. Managerial incentives and the use of foreign-exchange derivatives by banks. Retrieved January 08, 2017, from https://learneconometrics.com/pdf/cragg12.pdf Brigham, E. and Ehrhardt, M. 2007. Financial Management: Theory Practice. Cengage Learning. Chanzu, L.N. and Gekara, M. 2014. Effects of Use of Derivatives on Financial Performance of Companies Listed in the Nairobi Security Exchange. International Journal of Academic Research in Accounting, Finance and Management Sciences, 4(4), pp. 27-43. International Corporate Finance, + Website: Value Creation with Currency Derivatives in Global Jacque, L.L. 2014. Capital Markets. John Wiley Sons. Lynch, T.E. 2011. Derivatives: A Twenty-First Century Understanding. Loyola University Chicago Law Journal, 43, pp. 1-51. Ramirez, J. 2015. Accounting for Derivatives: Advanced Hedging under IFRS 9. John Wiley Sons. Sajjad, F., Noreen, U., and Zaman, K. 2013. Impact of Derivatives on Financial Services Sector and Risk Management. Middle-East Journal of Scientific Research, 18(6), pp. 748-758. Shaari, N.A., Hasan, N.A., Palanimally, Y.R., Kumar, R., and Mohamed, M.H. 2013. The Determinants of Derivative Usage: A study on Malaysian firms. Interdisciplinary Journal of Contemporary Research in Business, 5(2), pp. 300-316. Titman, S., Wei, K.C., and Xie, F. 2004. Capital investment and stock returns. The Journal of Financial and Quantitative Analysis, 39(4), pp. 677-700.

Music theory free essay sample

The Baroque Period Please complete the following questions. It is important that you use full sentences and present the questions and answers when you submit your work. The answers to the Review Critical Thinking questions are worth 10 points. Module Five: Text Questions Review Questions What are figured bass and basso continuo? How are they related? What Is ornamentation? What Is an oratorio? How does It differ from an opera? What Is an orchestra? How did the development of orchestras Influence Baroque music? What Is an instrumental suite? Critical Thinking QuestionsWhat are the characteristics of Baroque music? How would you describe Baroque music? Choose one of the composers discussed in the unit and listen to several of the composers works. Which works did you listen to? How would you describe this composers music? Why do you think this composer was an influential figure in Baroque music? How did composers and musicians think about themselves during the Baroque period? How did t his influence the music that they created? What advantages and disadvantages did Baroque composers have in the patronage system? What did they gain from this practice?What limitations did it place on them? Baroque music often tried to capture and reflect a particular emotion or feeling. We will write a custom essay sample on Music theory or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Choose one of the musical works in the unit. Identify the work that you chose. What feeling or emotion is the composer trying to capture or reflect in the work? What aspects of the music lead you to this emotion or feeling? Assignment 05. 09 Review Critical Thinking Read through all pages of the lesson, complete the practice problems and check your answers. Go to the assessment area in the course to complete the assessment 05. 09 Review Critical Thinking. Unless otherwise noted.

How to Monotask Your Way to Writing Productivity

How to Monotask Your Way to Writing Productivity How to Monotask Your Way to Writing Productivity Jane Harkness is a freelance writer for Freedom. Freedom blocks distracting websites and apps across your devices so you can focus on what matters most.It’s easy to assume that multitasking will allow you to do double the work in half the time - after all, if you’re doing two things at once, your productivity must skyrocket, right?Not quite. Unfortunately, while we may feel that our productivity increases when we multitask, practical results and countless studies tell us otherwise.When you multitask, you’re not working on two tasks at the same time - you’re actually rapidly switching between tasks without giving your brain the time it really needs to completely focus on each one. Bouncing from one task to another and back again results in â€Å"attention residue,† clouding your concentration. Learn how to monotask your way to writing productivity âÅ"… Multitasking: a habit to breakIn our age of digital distractions, it’s tough to avoid multitasking, and many of us have made it a habit. Pausing your writing session to check your email, looking at a text in the middle of a paragraph, or talking on the phone with a freelance client while researching a separate project all qualify as multitasking.But because these tasks seem so basic and unavoidable, we rarely stop to consider that this could be having an impact on the quality of our work or our productivity.Multitasking and switching between screens can make you feel more productive in the moment, but in the long run, it’s eating up time that you could  be spending on your hobbies, creative projects, or relaxing with family and friends.If you want to step up your performance and reclaim your time to have more opportunities to do what you love, it’s time to say goodbye to multitasking and get familiar with the concept of â€Å"deep work† and the practice of monotasking.Have you ever tried monotasking? If not, will you try it now? Tell us in the comments below.

New Business Venture Essay Example | Topics and Well Written Essays - 6000 words

New Business Venture - Essay Example The development of such mindset is considered as essential for the overall development of an entrepreneurial personality so that the opportunities can be taken and transformed into successful businesses. Q#1 One of the critical aspects of entrepreneurs is their ability to take risk and most of the literature on the subject of entrepreneurship focused on making a distinction between those who are risk averse and who were risk lovers. This approach therefore highlighted entrepreneurs as someone with the ability to take on excessive risk as compared to the others. (Schwartz & Teach, 2000). This also suggested that the internal motivation, high energy as well as the higher tendency to take the risk as the main individual characteristic traits of the entrepreneurs which make them different from others. A closer analysis of the evolution of the research over the period of time would suggest that the entrepreneurs were typically characterized with the words such as risk bearing, innovation, initiative, source of formal authority, local of control as well as the tolerance for ambiguity. These characteristics therefore may indicate that the entrepreneurs are born rather than are being made. (Welsch, 2003). ... This question will therefore argue whether the entrepreneurs are made or born and why it is so or not. Entrepreneurship defined Before discussing and arguing whether entrepreneurs are born or developed, it is important to discuss what entrepreneurship is and how it emerges. It is critical to discuss that historically there has been confusion over the definition of entrepreneurship. This is also critical due to the fact that traditionally researchers argued that in order to discuss the subject it is critical that it must have a precise definition. Despite such emphasis on the definition, entrepreneurship is often viewed from different perspectives and including diverse range of subjects and themes. Themes such as social entrepreneurship, the relationship between women and entrepreneurship, immigrants and their new zeal for setting up the businesses have been extensively discussed by the researchers. (Berglund & Johansson, 2007). In its traditional sense, entrepreneurship is often conn ected with the idea of starting the new businesses and running them successfully. However, over the period of time, entrepreneurship has also emerged in the form of social as well as political frameworks. It is also now been discussed within the perspective of the large corporations when they spinoff their businesses and treat them as new and separate businesses. Thus today, entrepreneurships are not just limited to the new start up businesses but they encompass a variety of existing and new business ideas which are manifested into the reality through the careful application of the concepts of the entrepreneurship. Thus the entrepreneurship is

Applied decision methods Speech or Presentation Example | Topics and Well Written Essays - 750 words

Applied decision methods - Speech or Presentation Example t, I can use Linear Programming to come up with an optimal production programme to determine the production level of the processes so that the customers’ orders are met and the total production costs are minimal. TQM calls for continuous improvement of the quality of the products and services through proper feedbacks and research (Management Guide, 2013). Consequently, in my current job as customer service of YMCA, I will pay attention to customers’ (current and potential customers) feedback of any kind by listening to them, analyzing their response to the advertisements, checking their comments on social media and directly interacting with them to get what they have to say about our products and services. Then I will do research on how realistic the feedback is before recommending appropriate changes to my colleagues. This will enable us to meet customers’ needs thus meeting their expectation as we expand the YMCA’s portfolio. Besides, TQM admonishes for planning and checking on the proceedings of a strategy (Management Guide, 2013). Thus I will plan how to achieve customers’ satisfaction of a certain level, collect relevant data on how to achieve the goal and th en strategize. Thereafter, I will keep on checking on the suitability of our methods. From the QM, the optimal solution is to ship 800 units from Houston to Dallas, 600 Units from Phoenix to Atlanta and 200 Units from Memphis to Denver. The total cost involved using the above combination is 13000

Make sure I'm an international student. I need this essay no longer

Make sure I'm an international student. I need this no longer than 250 wordsi need this as basic as you can and no need for advanced word - Essay Example Articles are characterized by political themes in earlier stages than in my country. For example, an assignment once asked students aged 18 to give views policy-making in America. In my country, the topics generally involve academic tours. Unlike America, cultural values are the key themes in my country. English 1301 aimed at developing essay writing. Emphasis was on argumentation and critical analysis. It was for both academic and personal purposes. For example, an assignment was once designed to test unity and logic of sentences. The pattern of sentences and choice of words was a key point. Summarization and paraphrasing will challenge me in English 1302. This is because I am not confident with my research skills from English 1301. Further, English 1302 is a progression of English 1301 (McWhorter and Aaron 4). I will need more instruction on critical and analytical reading from my professor to be able to pick key points. From my class, I need patience from study

The Applicability Of The Clausewitzian Trinity Politics Essay

The Applicability Of The Clausewitzian Trinity Politics Essay Once considered a vital source of ageless strategic thought, the theories of Carl von Clausewitz have recently come under attack because of the changes in the nature of warfare, especially in the 20th and 21st centuries. It is not disputed that his theories are thought provoking, but it will be argued that his writings can no longer be applicable universally in todays growing methods of warfare such as insurgent terrorism. Modern theorists such as John Keegan, have discredited the Clausewitz theories of war as invalid and having minor to no value in todays study of modern warfare when attempts are made to apply them to prevalent groups such as Al Qaeda.1 It is argued that the primary focus is on the Westphalia model of states and as a result Clausewitzs writings cannot be applied to insurgencies nor can they be applied to identities other than nation-states who wage war. Clausewitz may not have addressed specifically to insurgents warfare and non-state actors but looking closely at t he war on terror indicated that perhaps Carl von Clausewitzs theories may still be relevant because of the phenomenon of globalization. As is often the case with western civilizations way of thinking, problems are only looked at from their own points of view. If the international community were to broaden its perspective to engross the oppositions point of view, it could be seen how Clausewitzs theories of the trinity and the center of gravity remain relevant today and useful in todays method of so called fourth generation warfare. This approach can also identify potential vulnerabilities in the current conflicts with non state actors such as Al Qaeda and the general handling of Warfare in the 21st Century. Warfare has changed much over the past few centuries, especially since Carl von Clausewitz first wrote his manuscripts, which took the form of the book, On War. The world is now in the time of fourth generation warfare. Fourth Generation warfare is a term that was described William Lind and Thomas Hammes. This developed under the new wars thinking. They state that the warfare throughout history has progressed in distinct stages and that the world is currently in its fourth generation warfare. In this form of warfare, advanced western armed forces have to face hard to find and technologically inferior opponents who, through guerrilla warfare, terrorism, and campaigns focused at attacking and undermining western public support, are able to pose quite a significant threat to western security and civilization. Hammes and Lind believe that western forces struggle to capitalize on their military potential because they operate under outdated principles and doctrines of earlier modes of warf are that focused on maneuver warfare which was immortalized by the concept of the blitzkrieg.2 The generations that ran in between are as follows; first generation of warfare, which ran throughout the life of Clausewitz, from 1648 to the 1860s, was characterized by state-run wars. There were Orderly battlefields and militaries fought in formations of lines and columns against one another. As weapon technology, production and effectiveness improved, the order of battlefield began to break down. War I epitomized the second generation, that of attrition warfare. The next generation of warfare which lasted until the outbreak of World War II was trench warfare which evolved, becoming the third generation of warfare; maneuver warfare as stated above. In this scenario, the battlefield became a non-linear entity. Opponents of the concept of forth generation warfare such as Lawrence Freedman criticize the theory due to its selective nature in historical sources defined historical periods. Similar to Lawrence Freedman, Michael Evans found that this thinking had stages too neat and linear. Modern warfare is in fact a merger of forms. Perhaps these critics ascribe too much outward variations of warfare as fundamental changes to its nature. This has led to critics to assign demarcated generations where they are not valid. War has most definitely morph and always will yet these are contextual changes instead of fundamental changes.3 Globalization and the 21st Century It can be argued that Clausewitzs theories remain relevant today because of how globalization has blurred the definition of a nation-state. Clausewitz theorized in On War that war was only possible between nation-states because nation-states were the only forms of identity capable of conducting policy, and war was a continuation of policy by other means.4 John Keegan and others have argued that the international community does not recognize groups such as Al Qaeda as a state and Clausewitzian theory cannot apply to such groups, therefore his theories must be irrelevant in the current form of insurgent warfare. Non-state actors can display major characteristics traditionally associated with the Westphalia definition of a state. Clausewitzs theories were based on the definition of a nation-state as assigned by the treaties of Westphalia.5 these treaties formed the sovereignty of a nation-state in the absolute sense6. These treaties established borders for each nation-state, but gave ri se to the international recognition of the right for the nation-state to exist. After the Peace of Westphalia treaties, scholars and theorists categorized conflicts as internal civil wars or as wars between states. Regarding how Globalization has enabled the rise of the non-state actor to levels of organization that rival that of the traditional state, T. L. Friedman provides a very credible definition of globalization in his book as, the inexorable integration of markets, nation-states, and technologies to a degree never witnessed before in a way that is enabling individuals, corporations and nation-states to reach around the world farther, faster, deeper and cheaper than ever before.7the ability now for people all over this globe to establish communications by voice, text, trade and commodities, recruitment, the ease of sharing of ideas and beliefs, and the influencing of communities and nations swiftly surpassing the emphasis on recognized borders. Globalization has given people the opportunity for to join the pursuit of common goals. Due to communication limitations in the past, movements or events was isolated to their geographic region. With todays media, those limitations do not apply or do not have to. On a side note however, it can be argued that globalization was always in existence, the nature of it however has changed. Reza Aslan argues in his book, How to Win a Cosmic War, that Globalization is not a new phenomenon, as we have seen in history. Empires and trade routes tried to tie the world together into a tighter network of culture and economy. The way modern technology has changed the way globalization has occurred is what paints it in a unique light. Warfare required the organizational ability and capacity of nation states to conduct and wage war prior to the phenomenon of globalization. The advances of the past century have radically changed that. The technology revolution and globalization has enabled non-state actors to be to acquire the knowhow, equipment, and tools required to wage war effectively against a nation state. For example, Al Qaeda, in order to spread its message and recruit, equip and train around the world, they have that ability, and the ability that previously was unavailable to non state actors; influence and resource is now in their reach. Non-state actors compete with the states in the international realm. Given the power and influence the non-state actor can show in todays international field, Clausewitz may recognize them as actors able to wage war. The Trinity Clausewitz claimed that in war exists a paradoxical trinity consisting of a link between the government, the army, and the people. He claimed that there must be a balance maintained between these three identities for the state to be successful in war.8He claimed that these all three are dependent on one another, and change in one affects the others.9 confusion arises from the exact translation of this part of his work and what Clausewitz actually meant when he described the trinity. Christopher Bassford and Edward J. Villacres in 1995 provide a description of the relationship claiming that Clausewitzs on War is describing three categories; non-rational forces (chance and luck irrational forces (violent emotion), and rationality (War as an instrument of policy). They go into further detail of these categories claiming that the people are paired with irrational forces, i.e. the emotions of primordial violence, enmity and hatred (perhaps even without as wars can be fought without care o n both sides for the reasons). The army and the commander are assigned the forces of friction, chance, and probability. This is under the creative guidance of the commander. Creativity shown by the commander can be based on the talent or genius he/she has. The government is assigned with the rational force of calculation; by reason driven policy.10 With regards to absolute and real war we find that this concept led 11 led Liddell Hart to claim that Clausewitz was an advocate of unlimited warfare, and claims by him could be held as responsibility for the devastation that occurred during First World War.12 The apostle of a revolutionary philosophy of war making was how John Keegan described Clausewitz claiming that he was a proponent of unconstrained warfare as being in the best interest of the state. 13 On War may start off looking as if Clausewitz supports these views, Liddell Hart and Keegans criticism may not have that much basis. As Clausewitz defines war as an act of force to compel our enemy to do our will and further states that to introduce the principle of moderation into The theory of war itself would always lead to logical absurdity; he then claims there is no logical limit to the application of that force this in turn must lead, in theory, to extremes.14 We can see that based on these sayings Clausewitz was indeed writing about war in a theoretical sense. Later on in his work Clausewitz points out that if you go from from the abstract to the real world the whole thing looks quite different.15 Clausewitz was basically exploring the philosophical nature of war as opposed to advocating absolute and unlimited nature of warfare. He was describing it as something not bound by limitations of reality. When looking at war and the wars absolute tendencies along with factors that limit it in reality, Clausewitz demonstrates that war is not ruled by a particular logic, but a combination of elements demonstrating diverse characteristics. According to Christopher Bassford, confusion occurs due to Clausewitzs use of a dialectical method of presenting his arguments. Therefore Clausewitzs talk about war as an abstract phenomenon should be seen as part of a much larger argument. Clausewitz after describing what is known as the primary trinity, he further describes and defines a secondary one, claiming that the first of these three aspects (violence and hatred)à ¢Ã¢â€š ¬Ã‚ ¦concerns the people. The second (chance and luck) the commander and his army; the third (war as a policy) the government.16 This is where Clausewitz has brought on himself a barrage of criticism and is a focal point to target for authors who are advocates of the new war age and 4th generation warfare model. This second trinity, critics argue, implies that war is waged only among states because these political entities are the only entities to have a clear distinction between the government, the people, and the armed forces. With regards to a post world war 2 era, Clausewitzs detractors claim that since most modern wars are conducted or waged by non-state actors, this has led to Clausewitzs theories being mundane and out of date. A state-centric outlook now has become obsolete due to the rise and prevalence of non-state warfare in recent years.17 Bassford in his works has pointed out that Keegan and Kaldor disregard the main point that Clausewitz ascribes to war as a character consisting of violence, chance, and rationality and that these are related to the secondary trinity of people, armed forces, and government primarily as an example, not the rule. There is no sociopolitical nature described in the primary trinity and it is this distinction which is critical to show to critics of Clausewitzs work.18 Entities such as the state, communist revolution movements, tribal warlord, or any international terrorist organization are all subject to the relationship of the forces of violence, chance, and rationality. It can even be said that Clausewitz devoted a chapter in On War specifically to warfare waged by non-state actors as noted by Herberg-Rothe, 19. Daniel Moran claims that the trinity consists of abstractions and that basically viewing it as the 3 distinct arms of the government, army and people is wrong.20 If we are to look at the issue of whether Clausewitzs ideas of Rationality disable his work from being permitted in todays environment of non-state conflicts in which violence itself may be regarded as the only goal, it can be claimed that the primary trinity shows that he assigned to the waging of war no specific rationale. Hatred has as much of a place as reason does and is claimed by Robert Baumann the reasons to push states to declare war are similar to those which motivate tribes or insurgents. 21 Clausewitz himself stated that, policy is nothing in itself; it is simply the trustee for all these interests against other states. That it can err, subs serve the ambitions, private interests, and vanity of those in power, is neither here nor there. 22It can be deduced that Clausewitz did not necessarily enforce the notion that war had to follow a particular noble high and mighty form of rationality. Clausewitz can be seen as being neither an advocate of unlimited warfare nor is his analysis of warfare fully state-centric. His work can be seen as having use with regards to analyzing conflicts where actors other than states participate. Looking at insurgents and groups such as Al Qaeda, it can be argued that their Goals are working towards a cause they perceive perfectly rational and obvious just as the use of force carried out by a state actor would spark violent emotional reactions. Every player in an armed conflict, whether it be current or past has Been subject to the nature of chance and luck. His work is therefore just as relevant in canalizing conflicts of the twenty-first century conflicts and rise of multiple insurgencies across the globe just as he remains valid in the studying traditional interstate warfare. 23 In the primary trinity it is emphasized that the forces governing how warfare is conducted extends beyond the irrational to the rational influences of human emotion and the non-rational effects of chance and luck. It is in the second trinity where a link is formed between the abstract elements of the nature of warfare and warfare in reality by providing an example of how these forces can come together in society as it was at the time of writing. In the modern situation of states being democratic; the demarcation into the government, the people, and the armed forces that the Prussian theorist describes is currently valid and applicable. Clausewitz proves his validity in the current age when he claims that the general character of an era can have a drastic influence on the aims and goals pursued in warfare and importantly the methods used in order to do so. This does not signify a fundamental change in the nature of warfare itself. He stated that the aims a belligerent adopts, and the resources he employs must be governed by the particular characteristics of his own position; but they will also conform to the spirit of the age and to its general character. Certainly this provides a good example to which Clausewitz has clung on to validity in the modern age. The three elements can account for an unlimited number of variations of conflicts which shows how the trinity rejects the concept of demarcated historical periods by showing how the variable relationship gives warfare a particular character based on specifics in context. This notion provides us with historical consistency when it comes to the study of war and shows us that we must remain critical of claims that assign a certain development as a new phenomenon. M. L. R. Smith poignantly wrote; Call it what you will; new war, ethnic war, guerrilla war, low intensity war, terrorism, or the war on terrorismà ¢Ã¢â€š ¬Ã‚ ¦in the end, there is only one meaningful category of war, and that is war itself.24 The primary trinity can enable modern scholarship to go beyond the violent aspect of terrorism and focus on the rational motives behind their actions. The second trinity can enable research to be able to point out and analyze the sociopolitical relationships within the movements such as terrorist groups or insurgencies and look at the wider social context i.e. the dynamics that determine the relationship between the combatants and the people who provide their popular base and strength. Studying such aspects is vital when it is the popular base of insurgencies and terrorist groups that are identified as the main aspect to target in order to win a modern conflict. Targeting terrorist groups legitimacy would also demonstrate how brute force with highly advanced weaponry alone is not sufficient to defeat terrorism. As stated before, the central aspect of a terrorist groups strength is with the population behind them which they depend on for legitimacy and recruits. If the terrorism in modern day conflicts is to be defeated, then western leaders will have to focus on the public support that is so vital to insurgents and terrorist groups worldwide. On closer examination of the war on terror now gone and president Obamas current fight against terrorism, it can be demonstrated that the theories of Carl von Clausewitz remain as relevant today in a climate of asymmetrical warfare as they did in the Napoleonic era. His theories provide a theoretical framework with which modern warfare and its aspects can be studied. When the western political and military leader scrutinize the trinity from the point of view of those they are up against, weaknesses in its own approach in the military and political aspects of the conflict can be addressed. Clausewitzs concepts, allowing for the multiple and evolving forms of conflict, remains valid today for the study and evaluation of most forms of warfare. NOTES: 1John Keegan, History of Warfare (New Yorke: Vintage Books 1996), 2. 2 William S. Lind, Keith Nightengale, Joseph W. Sutton, and Gary I. Wilson, Changing Face of War: Into the Fourth Generation, in Terry Terriff, Aaron Karp, and Regina Karp, eds., Global Insurgency and the Future of Armed Conflict: Debating Fourth-Generation Warfare (New York: Routledge, 2008) 3 Lawrence Freedman, War Evolves into the Fourth Generation: A Comment on Thomas X. Hammes, in Terriff, Karp, and Karp, 82 4 Carl von Clausewitz, On War, eds. and trans, Michael Howard and Peter Paret. (Princeton, NJ: Princeton University Press, 1976), 81. 5 Peace of Westphalia, available from http://www.schillerinstitute.org/strategic/ hzl_t_of_w_0599.html; 6 Ibid. 7 T.L. Friedman, The Lexus and the Olive Tree, 1999 (New York: Anchor, 1999), 7-8; available from http://www.sociology.emory.edu/globalization/glossary.html; Internet; accessed 12 January 2008. 8 Carl von Clausewitz, On War, eds. and trans, Michael Howard and Peter Paret. (Princeton, NJ: Princeton University Press, 1976), 88 9Ibid. 10 Christopher Bassford and Edward J. Villacres, Reclaiming the Trinity, Parameters (Autumn 1995); available from http://www.clausewitz.com/CWZHOME/Trinity/TRININTR.htm; Internet accessed 22 September 2007. 11 Carl von Clausewitz, On War, eds. and trans, Michael Howard and Peter Paret. (Princeton, NJ: Princeton University Press, 1976), 100 12 Christopher Bassford, John Keegan and the Grand Tradition of Trashing Clausewitz: A Polemic, War in History, 1 (November 1994), 319-36. 13 John Keegan, A History of Warfare (New York: Vintage Books, 1993), 17-18. 14 Clausewitz, 82-84. 15 Ibid., 86. 16 Clausewitz, 104. 17 Martin van Creveld, On Future War (London: Brasseys, 1991) ix 18 Villacres and Bassford, 9-19. 19 Herberg-Rothe, 165. 20 Daniel Moran, Strategic Theory and the History of War (Paper, US Naval Postgraduate School, 2001), 6-7. 21 Robert F. Baumann, Historical Perspectives on Future War, Military Review, 77 (March/April 1997),40-46. 22 Clausewitz, 729. 23 Van Creveld, 60-66, 97; Kaldor, A Cosmopolitan Response to New Wars, 505-14. 24 M. L. R. Smith, Strategy in the Age of Low Intensity Warfare: Why Clausewitz Is Still More Relevant than His Critics, in Duyvesteyn and Angstrom, 41-53

Utopian Dreams Essays -- Utopia Perfect World Essays

Throughout the ages, man has come to idealize a word that is most commonly related to ‘heavenly’ or ‘perfect’ without actually picking up the book and realizing for themselves that there is no such thing. A Utopian society could never exist because man is made to want, to desire success. Man is competitive by nature and would never be happy in a society where everyone is equal and there is no chance of advancement. Sir Thomas More dreamt of a land that was much like England but could never surpass time. He opened the eyes of a nation and made its people desire something new. Views were significantly changed and the world would never be the same. Sir Thomas More inspired dramatic changes in religion, community life and even paved the way for communism. And he did all of this through one simple book about one simple society. In a perfect utopian society, there is no official religion. The people are allowed freedom of belief. â€Å"Some worship for god the sun, some the moon, some some other of the planets† (117). The only thing that they all believe in is that there is one supreme ruler that creates miracles and brings them such joy. This is all quite contrary to the beliefs held in 1516 England. Their opinions resemble those of Christianity: their priestly caste, their high standard of morality, their prayers, and their hymns. However, in England the Roman Catholic Church allowed no freedom of beliefs. In fact, the church was firm in its insistence upon the principle of one church and one authoritative doctrine. More even went so far as to poke fun at the idea of the priests of Utopia being men of eminent piety. This remark, under normal circumstances, should be taken as a matter of course. However, in Europe at the time there were many outcries against the laxity and corruption among the clergy. Therefore, many saw this as an indirect thrust at the Christian priesthood. The fact that Utopian priests could marry represents a significant difference from the Catholic vow of celibacy. This was shocking to the citizens and especially clergy of England and Europe. The idea of a married priest was not something that they were quite ready for but were willing to think about. Another surprising contrast to Christian rule was that in Utopia, women were appointed to the priesthood occasionally. Although there were many contrasts, there was o... ...topian society everyone works the same amount of time, at the same job and for no money. In a Utopian society, everyone shares everything and no one gets ahead. In a Utopian society, very few are able to explore their talents and dreams, they are required to work if visiting another city for too long and do not even know what vacations are. In a Utopian society a true American would commit suicide after realizing that they could no longer be individuals. In a Utopian society ... there is no such thing. Utopia is England with no specific jobs. It is England with more structure and a little bit more freedom. Utopia is England if Sir Thomas More was ruling England. Utopia is not an idealistic place to live. It is a trap for those who can not get ahead in the real world and for those who just want to belong. Utopia changed the eyes of a nation and opened the minds of millions. It gave light into what perhaps the world should be like without forcing it upon anyone. It has crept into most governments and lands and has remained there ever since. It is Utopia and its presence is immense. Utopia may not be the perfect society but some of its traits could help to create one.