Summaries of Books on Central America - 2243 Words

*Andrien, Kenneth J. Andean Worlds: Indigenous History, Culture, and Consciousness under Spanish Rule, 1532-1825. Albuquerque: University of New Mexico Press, 2001. Andrien’s book is a historical summary of the Andean region from native people to after the Spanish conquest. It addresses economy, culture, and the importance of religion, as well as power structures. There is an emphasis on the continued existence of indigenous culture despite Spanish involvement for hundreds of years. The book is important in situating the context in which Rose of Lima lived and the native traditions that would have influenced her and her family. Andrien’s book can be used in understanding the historical events that led up to Spanish rule and the importance of Catholicism and the power it held over the native people and how it was used to establish Spanish control. Cussen, Celia L. â€Å"The Search for Idols and Saints in Colonial Peru: Linking Extipation and Beatification.† Hispanic American Historical Review 85 (2005): 417-48. Accessed March 7, 2014. The article discusses how Christian priests and religious figures replaced Indian deities and idols with saints. The author relates the two together as connected processes, unlike previous scholars who believed that they were not related. She talks about how preists stimulated support for up and coming religious figures and how they portrayed saints to the Indians. The excitement for saints and their deeds was heightened by the destructionShow MoreRelatedHamiltons Curse Book Review1464 Words   |  6 PagesBook Review: Hamilton’s Curse: How Jefferson’s Arch Enemy Betrayed the American Revolution- and what it means for America Today What kind of country is the United States of America? Is it really the land of the free or are the Americans controlled by an imperial presidency? 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She is obviously suffering from a form of depression but her husband does not take her feelingsRead MoreInternationalisation of Ikea in Brazilian Market1431 Words   |  6 PagesPart I Contents 1.1 Introduction 1.2 Problems Identifications and assessments 1.32 Summary Learning Objectives After Studying this part one should be able to do the following: †¢ Characterize and compare the different problems faced by IKEA in o Management o Planning o Control 1.1 Introduction: As this report has comprehensible decision oriented approach. It is divided in 3 parts which describes the various problems identifications and assessments faced by IKEA across its market asRead MoreDevelopmental Aspects of Play1242 Words   |  5 Pagesunderstand and further identify the social, economic, historical, philosophical and psychological elements, which affect the form of the assigned music †¢ To identify aurally and explain rhythm, pitch, structure and style of African, South and Central America, Caribbean, and North American, and at the discretion of the Professor a non-African Diaspora music, i.e., Middle Eastern or Asian using class excerpts †¢ To identify aurally and explain the eras of European music especially Renaissance, BaroqueRead MoreOutline Of Marvel Comics Marvel 1161 Words   |  5 PagesMarvel Comics Specific Purpose: To inform the audience about the history of Marvel Comics. Thesis/Central Idea: To understand Marvel Comics today, it is important to understand the history of the industry and its name changes from Timely Comics, to Atlas Comics, and lastly Marvel Comics. Organizational Pattern: Topical I. Introduction A. Attention getter: Imagine yourself living in United States in a time that was considered less than peaceful. Hitler is spreading his rule across Europe and

American vs Nepalese Culture Free Essays

The American and Nepalese culture have some similarities but many differences. The American culture is a Western and a diverse culture; whereas, the Nepalese culture is Eastern and less diverse. There is a public education system for everyone in the American culture, and the literacy rate is high. We will write a custom essay sample on American vs Nepalese Culture or any similar topic only for you Order Now In Nepal, there is a public education system also but the literacy rate is low. There is more freedom for people in American culture; on the other hand, in Nepalese culture, there is less freedom and more rules. One of the other differences that can be seen between American and Nepalese culture is in family relations. The behavior of the people is very different between this tow cultures. Many different racial groups form the American culture. The major ethnic groups in the United States are Europeans, Hispanics, African/Americans, Asians and Pacific Islanders, and many other minor ethnic groups. The distinct groups in the United States have different religions. The major religions in the United States are Catholicism, Protestantism and Judaism. Islam, Hinduism and Buddhism are also minor religions in the United States. English is the main language in the United States but also Spanish and other languages are spoken in different cities. In the Southern part of Texas, New Mexico, Arizona, and California, the majority of people are Spanish speaking. In Nepalese culture, there is little ethnic diversity and the ethnics groups are not from other countries. The major groups are the Sherpa, the largest group, who lives in the northern, mountainous part of the country; the Gurung, who live in the central part of Nepal, and the Adabasi, who live in the southern part of the country. These people are born in Nepal and are not from other countries like the American ethnic groups. There are a few Muslims and Christians, but the major religions are Hinduism and Buddhism. Nepali is the major language in Nepal. In government offices, private offices and in school, they use the Nepali language; whereas, in cities and towns, the different ethnic groups speak their own dialects. The Nepalese school system is based on tradition and religion in the rural areas and in the urban areas, there is a modern education system. Parents can choose any public school, they like for their children; there is no restriction on children having gone to school in the town or village where they live. In America, students have to go to the school in the town in which they live. In the American culture, people are individual oriented and individual value is greater than family value. People believe in their work, and they do the hard work. The American people plan things ahead, and they become successes in their future. The American people are independence, and they make their own decisions. Americans follow the time and its value. In Nepalese culture, people are family-oriented and the family value is greater than the individual value. The Nepalese people believe in god, and they wait for the people who can do their work. The Nepalese people do not plan any things and do their work, and they become unsuccessful in their future. In Nepalese culture, people depend on other, and they cannot make their own decision. The elder’s person in the makes the decision, and other family’s member follow that decision. In Nepalese culture, people cannot follow the time, and they are lazy. The American people follow a law and order. They behave friendly to each other, even if they are unknown. The American are polite and helpful. The American people wait for the turn and follow the advice, given by other. The Nepalese people do not follow the law and order. The rich people dominate the miserable people and there is a slavery system in Nepal. The poor people live in the house of rich, and do their work for nothing. Nepalese do not behave friendly to each other. Nepalese people do not wait for the turn instead and crowed in the same place fighting each other. How to cite American vs Nepalese Culture, Papers

Introduction For An Inspector Calls Essay Example For Students

Introduction For An Inspector Calls Essay An Inspector Calls is an interesting and highly dramatic play. The entire play is based on the suspense of what happens next. Every so often a dramatic climax occurs in which another more cunning and amazing part of the plot is revealed on how Eva Smith/Daisy Renton decided to end her life.  I like this play because of how Priestly continually reveals the plot piece by piece and how he bases his play on the 3 main unities Time, Place and Action, which are essential for a good dramatic play. The plot is made up of a whole series of mini climaxes or dramatic moments. The play is set in the upper middle class household of a very well to do family the Birlings who make a lot of money from their business. All scenes take place in one room the dining room allowing you to fully understand how the play turns from a family celebration to despair to relief and to complete astonishment by the ending dramatic phone call. The play is set in 1912 and this was when there was a very high difference between the middle class industrialists and the working class workers and as the play is set in the same place and at the same time all of the action can easily be taken in from the audience and any messages of the plot of the play can be quite easily conveyed. The plot of an Inspector Calls is unlike any other Ive ever seen before. As the play progresses through time you learn piece by piece how every characters involvement with Eva/Daisy lead to her eventual death and so you are constantly on the edge of your seat waiting for a new dramatic clue of her suicide. Every character has a very deep personality and as the play progresses you learn of their involvement with Eva/Daisy. All the characters except for Eric and Sheila do not feel sorry for what they each did to her even when they knew that they had helped to kill her and so Priestly uses this to show what the middle classes thought of the working classes at the time and how attitudes soon changed between them after the First World War. Here are the main characters of the play and their involvement with Eva Smith/Daisy Renton. Arthur Birling is the head of the Birling family. He is a prosperous manufacturer in which he has a well-established business, which is clearly shown by the fact that he can afford a servant Edna. Hes in his mid to late fifties and started life off in a relatively poorer family then his wife so is not as entirely polished or snobbish as her. He is well built in his stature and manner towards life. He says that a man has to make his own way has to look after himself and is also very pompous and somewhat solemn. Sybil Birling is also about fifty years old and is the wife of Arthur Birling. She clearly comes from a more superior social position than her husband as shown when she corrects him earlier on in the play. She is cold and has little or no remorse over her involvement with Eva/Daisy and says, I did nothing Im ashamed of or that wont bear investigation and is very protective over her son Eric until she finds out hes the father of the illegitimate child. Sheila Birling is the daughter of Mr and Mrs Birling engaged to Gerald Croft, which is the reason why they are celebrating in the first place until she finds out that he had an affair with Eva/Daisy then she has to have serious thoughts about their future marriage. She shops at Milwards and this is how she met Eva/Daisy. She displayed a rather cruel and vain attitude in the store and this lead to her getting Eva/Daisy fired from the only real job she ever enjoyed but however unlike her parents and Gerald she feels sorry for her part towards Eva/Daisys death and says I behaved badly too. I know I did. Im ashamed of it and also when she learnt that her dad had fired several people and then commented how easy it was to replace them she said these girls arent cheap labour- theyre people! so its clear to see she has more morals then the rest of her family. .ud848ffcbebcc7d5d3977ff6b7c9b08e5 , .ud848ffcbebcc7d5d3977ff6b7c9b08e5 .postImageUrl , .ud848ffcbebcc7d5d3977ff6b7c9b08e5 .centered-text-area { min-height: 80px; position: relative; } .ud848ffcbebcc7d5d3977ff6b7c9b08e5 , .ud848ffcbebcc7d5d3977ff6b7c9b08e5:hover , .ud848ffcbebcc7d5d3977ff6b7c9b08e5:visited , .ud848ffcbebcc7d5d3977ff6b7c9b08e5:active { border:0!important; } .ud848ffcbebcc7d5d3977ff6b7c9b08e5 .clearfix:after { content: ""; display: table; clear: both; } .ud848ffcbebcc7d5d3977ff6b7c9b08e5 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ud848ffcbebcc7d5d3977ff6b7c9b08e5:active , .ud848ffcbebcc7d5d3977ff6b7c9b08e5:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ud848ffcbebcc7d5d3977ff6b7c9b08e5 .centered-text-area { width: 100%; position: relative ; } .ud848ffcbebcc7d5d3977ff6b7c9b08e5 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ud848ffcbebcc7d5d3977ff6b7c9b08e5 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ud848ffcbebcc7d5d3977ff6b7c9b08e5 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ud848ffcbebcc7d5d3977ff6b7c9b08e5:hover .ctaButton { background-color: #34495E!important; } .ud848ffcbebcc7d5d3977ff6b7c9b08e5 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ud848ffcbebcc7d5d3977ff6b7c9b08e5 .ud848ffcbebcc7d5d3977ff6b7c9b08e5-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ud848ffcbebcc7d5d3977ff6b7c9b08e5:after { content: ""; display: block; clear: both; } READ: Essay About Sherlock HolmesEric Birling is the son of Mr and Mrs B and the brother of Sheila. He is rather reserved and quiet and keeps mainly to himself until the latter part of the play. He stays out of the older mens conversation and like his sister doesnt agree with their fathers and Geralds businesses and their work ethics. He likes to drink and often visits the lower degenerate entertainment venues in town, which is how he met Eva/Daisy. He has a very comic attitude towards life and soon comes to realise like his sister Oh my God how stupid it all is and after the inspector has left he says that its what happened to the girl and what we all did to her that matters s howing that he does show remorse for what he and they did.

The future for space tourism

The future of space tourism is a hot debate today because the resent studies show that it is a phenomenon that the wealthy corporate as well as individuals such as the Californian Multi-Millionaire: Dennis Tito, are venturing into with the aim of reaching the Low Orbit Earth (LEO). This is an indication that the venture is going to be a well paying tourism sector. In addition, a large goal for the many developing space ship companies such as the National Aeronautics and Space Administration (NASA).Advertising We will write a custom research paper sample on The future for space tourism specifically for you for only $16.05 $11/page Learn More They hope to shuttle cargo and the astronauts through a Commercial Orbital Transport System (COTS) to International Space Station (ISS). Companies like â€Å"Scaled Composites, Blue Origin, and SpaceX are developing† space commercial crafts as well as programs to enable people tour the earth’s orbit. The critics behind this industry are the costs involved. Millionaires such as Dennis Tito, Mark Shuttleworth, Anousheh Ansari, Charles Simonyi and, Greg Olsen have spent approximately $20 million for a couple of days tour to space aboard the ISS. In line with Laliaberte Guy (1, 2009), he was the seventh private client to take a space adventure in September 30, 2009 in a poetic special mission to create public awareness regarding the â€Å"ONE DROP† foundation. For this reason, the characteristic of the playground is for the rich since there are strong indications regarding the costs involved. The future aspiration is on making space tourism available at affordable rates for the middle class. Just like the rush for space was a couple of years back, the race for space tourism is currently at is boiling point and thus this tourism industry has high growth expectations. Background information of the space tourism predicament The capability for space transportation has over the years seen very little advancement if any to facilitate a solution to the big obstacle of space development. New programs and equipments are essential requirements to facilitate space development and access. The reasons why people suffer from high space tourism costs is lack of proper space ships. This means that companies launch space ships that are highly volatile and thus the disposals after only a few usages. Today, there is urgent need for an approach that will move to a more rational and affordable space visit program. The biggest challenge is the ability to come up with a more robust, highly reliable but frequently reusable space ship: Reusable Launch Vehicle (RLV). Thesis/Problem statement â€Å"Future expectations of the space tourism,† is a research investigating and analyzing patterns and available perspectives into the key themes of the proposed innovative developments concerning infrastructure, technological advancement, reusability to ships and, partnership between t he government and private sector. The collaboration enhances the existing capabilities to make the development affordable and available to more willing participants.Advertising Looking for research paper on communications media? Let's see if we can help you! Get your first paper with 15% OFF Learn More Hypothesis Statement The future for Space tourism is a program for the rich. It is a common believe among most people that, space tourism is for the rich with because one of the key contributors for its development is finances. Purpose/Significance of the study The main purpose of this study is to evaluate the consequences and key concepts involved in the development and offer suggestions from the research findings on ways of reducing or eliminating the social, economical and emotional challenges behind the tourism sector. Objectives of the study This term paper lays down the need for researching the background of the future space tourism, its impact to the society and those who are involved as well as assessment over the importance of the future endeavours and possible policy recommendations. Significance of the study operations The key topics to be covered entail the focus over commercial architecture and the funding required for fostering its implementation. This is in the aim of lowering the high degree of requirement for the embryonic space tourism and its drive towards lower transportation cost to avail the next generation of efficiency over operations. he International Space Station (ISS) currently faces challenges related to cost overruns efficient in starting the developmental phase of the key elements required for architectural growth in support for long-term ISS needs, and facilitation of next-generation systems. The Procedure of the Study/Research Methodology The literature reviews will enable better understanding of the topic. Preparation of the research proposal over the chosen topic will enhance and quantify the research as a study topic and prepare for respondents. Information collected will equally tabulate and assist in ranking the findings form broad areas and help to narrow the scope to the objectives of the study analysis. The analysis will then draw the conclusion from generally analyzed data in the literature review.Advertising We will write a custom research paper sample on The future for space tourism specifically for you for only $16.05 $11/page Learn More The research findings will entail data collected through websites of the concern companies as well as marketing companies in the study area, observation of the proceedings over the specified data collection period. For the study analysis, the collected data and studies conducted used to discern patterns and formulate principles that might guide future action of the study subject. In this case study of space tourism the research checks the background information, progress, surveillance and examination of current state of matter and the involvement with other related cases. The analysis of records regarding internal as well as external consequences is equally important. Comparison of various space tourism vehicles manufactured today offers better understanding and analysis results. Correlation-prediction will involve statistically correlation and prediction of coefficients between aspiring and involved tourists. This term paper will therefore attempt to find or describe space tourism principles and explain existing status or competitions and propose future direction for the industry. Proposed Research Procedures The research study follows a design that samples some parental responses over the questions regarding availability of attributes, in supporting growth of a transport system that integrates a multi-faceted architecture in support for commercial space tourism. This advancement would support civil programs such as space exploration and settlement. The analysis of recently surveyed results ind icates that such a system would be in a position to address the current crisis in connection to the high cost of accessing space, ordinary liabilities, and unavailability of reusable systems into the current infrastructure. Literature Review Reusability The Space Transportation System (STS) in America has attempted to launch a reusable ship. Orbiter from space shuttle of an imitation produced in collaboration with Solid Rocket Booster (SRBs), which is well equipped with a wealth of knowledge with regard to the operability and reusability approaches. The Orbiter shuttle however requires a remote recovery procedure, which involves expensive manufacturing and some logistics recovery procedures to assist it take off.Advertising Looking for research paper on communications media? Let's see if we can help you! Get your first paper with 15% OFF Learn More This means that there is grater need for enhancing refurbishment other than remanufacturing before reusing the shuttle. There is equality need to adjust the turn around time between the flight by adopting the technological advancement and design techniques. Basing the current technology on reusable boosters is the space shuttle’s greatest revolutionary step to space transportation system. The costs and markets The other issues prohibiting the launce of more available and affordable space shuttle for potential clients entail costs and markets. Considering the production, initiating the new reusable space vehicles would be expensive considering there is only a small number of units’ reusable while the rest need remanufacturing. Secondly, the current technology uses the chemically propelled rockets, which are equally expensive. The production of large SRB reusable boosters for commercial purposes would be economically unjustifiable, although the STS may make the system le ss expensive in operability. The reusable boosters would replace the SRBs but with the shuttle, being too close to the end of its lifetime, then it would not take full advantage of the technology. Other major problem includes the space launch market that needs to be sufficient in support for a new vehicle that engages enough number of voyages. The current space allows for approximately 1000 satellite launches over a 10-year period. Simple arithmetic would equate this to 100 payloads per year and any new system must compete within that market niche. There are serious difficulties associated with this because any new system must pay up developmental and production costs in the aim of making a profit. Currently, there is a very low traffic measure, which cannot economically justify the least cost space vehicle. It is easy to imagine the exotic and elegance of the outer space comfort and cruise experience but these orbital technologies and lifestyles require a merge between National Aer onautics and Space Administration (NASA) architectural technologies with quality marketing strategies such as entertainment. â€Å"What markets would be involved in such space cruise ships?† In line with the Space Tourism Society (1, n.d), the marketing strategies would require one to know the facilities to include in the space such as hotels, and the products and services on offer to sustain in such an awkward environments. Futon Corporation is an industrial leader for forecasting the markets related to space tourism. It has considerable amount of realistic advancement plans for space flights. People like travelling and having fun and thus will be willing for the same in spaceships. According to Futron’s report (10), they forecast indicate, â€Å"Orbital space travel projects by 2021, will involve approximately 60 passengers flying annually, representing revenues in excess of US$300 million.† There is need for â€Å"market shock† and exploding demand may cause the economies of scale to act accordingly to the comfort levels where capitalist are in a position to venture into new markets such as the space ship markets and thus bring in more funds for the space transport system. Currently, the race over space tourism is between commercial enterprises. Upon the first commercial trip by Dennis Tito aboard a â€Å"Soyuz TM-32,† (Shayler, 1), in 2004 â€Å"British aviator-financier Richard Branson announced the launch of Virgin Galactic, a company which will use Spaceship One technology, with hopes of launching sub-orbital flights by 2008†. This race is evident with the virgin Atlantic launch of the â€Å"Virgin Galactic’s space vehicles.† This is a positive step since it has hybrid rocket motor power for enhancing reusability due to high amount of control it avails the pilots over landing. According to Virgin Galactic, this is a milestone catapult on the aviation industry and is for the good reason of enhancing space tourism. The space vehicle is currently an entirely carbon fused aviation means of space transport ever built therefore making it the most fuel resourceful system in comparison to its size. The vehicle is capable of currying huge payloads of approximately 35,0000lbs through high elevation over a wide range of miles. For the size of such a space ship, it has the ability to perform by manoeuvring over great heights (Virgin Galactic, 1). With this type of advancement, the space tourism emerges as a viable market considering its potential to generate high revenues thus the need to justify the investment requirements for a reduced cost of accessing the services. National Aeronautics and Space Administration’s research on the matter indicates that tens of millions of the United States citizens would wish to travel privately to space if the parties involved were able to alleviate the current global market barriers in the industry. Today most governments fail to recognize the potential of space tourism investment as prospective â€Å"revenue generating tax base or a drive to greater market drive for next generation† (Whalen, 3). However, National Aeronautics and Space Administration (NASA) has greater initiative programs for generating reports over procedures to reduce risks and availing architectural requirements that meet the future generation space vehicles. The aim for space advancement has been a race between the Soviet Union and United States since 1957 when Soviet launched â€Å"Sputnik 1† (Siddiqi, 1). The pace has however slowed but exploration is still advancing. The USA launched a reusable shuttle in April 12, 1981 and USSR an â€Å"automatic reusable space craft: Buran in November 15, 1988.† The European Space Agency (ESA) lunched a commercial rocket: Aricane 4 to compete with National Aeronautics and Space Administration (NASA) over the unmanned space investigations. This efforts by ESA have catalyzes efforts and ambitio ns such as the Aurora plan to send a human being on a mission to Mars by the year 2030. The U.S. president Bush administration also planed a mission to reach the same goal and equally have a crew exploration space ship for return trip to the moon. These events are an evidence of the continual race over space tourism. In 2005, the ESA group teamed up with Russia on what seem to be a head start to co-fund and subsequently develop the â€Å"CEV† as a counterpart to â€Å"Kliper† scheduled for a first launch in 2011 thus going way before the U.S. plans. Other nations such as China are in a position of increasing required competition over exploration of space tourism. Their funding may be excessively low in comparison to ESA and NASA but they have a success concerning â€Å"Shenzhou 5 and Shenzhou 6† and further plans for a space station by the â€Å"Chinese Space Program.† In 2006, the U.S. through the Pentagon released a report over china’s growing sp ace power concerning their â€Å"Chandrayaan-1† mission and other space programs especially by India and Japan. Suggested Research The tourism market is a broad market like the military or civil market and thus the need for better definition and identification especially for the next generation of the space transport systems. The governments need to enhance measures that promote the appreciation of space tourism. This paper suggests further research findings over the government promotion procedures. The governments ought to know that the technological developments are an important aspect of the market environment for the functioning of the future generation especially in the aeronautic industry. There is equally the need to research on enhancing procedures to make people understand prospective market niche and depth in the space tourism. Identification of require future technologies is equally important considering that the industry is a multi million dollar investment, thus the need to understand the potential of the market in details, possible estimate figures and time of returns on investment. Conclusion The space tourism industry is similar to the past airline history. There are many potential passengers willing to pay for the journey to space and the governments should therefore consider this as an eminent opportunity to solve the current costly space access inconveniences. If the corporation between the private sector and the government is able to drive admission charges to a lower level with the aim of encouraging rebirth of a new arena that encourages commerce and industry, then there will be a great utilization of the space opportunities for growth. The space tourism is an identified market niche that might catalyze utilization of infrastructure in space especially due to future discoveries. Work Cited Futron Corporation. â€Å"Space Tourism Market Study orbital space travel destinations with suborbital space travel.† Wisconsin, Bethesd a, Maryland, MD. 2002. Web. Laliberte, Guy. â€Å"Moving Stars and Earth for Water: Poetic special mission†. Space adventures. September 30, 2009. Web. Shayler, David J. â€Å"Soyuz: A Universal Spacecraft.† Rex Hall, 2003. Siddiqi, Asif A. â€Å"Sputnik and the Soviet Space Challenge.† 2003. Space Tourism Society. â€Å"The Orbital Lifestyle.† A non-profit visionary space experience research and design organization. (n.d). Web. Virgin Galactic. â€Å"Spaceships: Virgin Galactic’s Vehicles.† (n.d). Web. Whalen, David J. â€Å"Communications Satellites: Making the Global Village Possible.† National Aeronautics and Space Administration (NASA). 2007. Web. This research paper on The future for space tourism was written and submitted by user Iliana H. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Difference Between Marvel and DC Comics

Difference Between Marvel and DC Comics DC vs Marvel Comic Many fans wonder what studio creates best comic books. In an opposition DC vs Marvel comic, who would be the winner? Which stories are more appealing to the public? Our article will help you understand the main differences between comics of two studios and answer the question: which is better Marvel or DC? Huge Differences Between Marvel and DC Comics #1. Origin of characters Most of Marvel books heroes of are originally ordinary people without super powers, who gained them under specific conditions (For-example, Iron Man, Capitan America, etc.). At the same time, DC heroes are can boast having their extraordinary abilities sine the time they were born (e.g. Wonder Woman, Superman). #2. Superpowers If to compare superpowers of heroes in DC comics vs Marvel comics, one can notice that the creators of Marvel books were not so generous in enduing their characters with force compared to DC writers. Most of Marvel characters possess one ability (like most of X-men), compared to flying, eye-beams shooting, speed and strength all given to one Superman. #3. Time of creation One more difference between Marvel and DC characters is that the latter were created much earlier in 30s and 40s. This is the reason why some of the Marvel characters have names, which reecho the names of DC heroes. For example, Iron Man vs Batman, Invisible Woman vs Wonder Woman, etc. Moreover, it is also a reason why most of DC comic books told about a single hero without putting him in a team. They had to present a hero to the world before making him a part of some superhero alliance. #4. Marvel vs DC comic: Who brings more magic? Except for such characters as Dr. Strange, Mephisto, and a couple of others, Marvel heroes do not often face magic in their fight against evil. On the other hand, we have DC comics where Justice League members with something mystical and magical. So, if you are a fan of magic and mythology, you are going to like DC stories more. #5. Fantasy, sci-fi, mystery in DC vs science fiction in Marvel If you still wonder Marvel or DC which is better? Just think about what you like most: science fiction stories with an interesting, however, a bit grounded plot or stories full of out-there things? If we forget for just a second that comics are based on made up events, heroes and villains, the weirdest staff you can find in Marvel books is a dragon as a result of a crazy experiment. At the same time, DC comic books are full of things like alien invasion, issues with Atlantis, Amazons and sorcerers, demons, members of Injustice Gang, time travelling, and even transportations between comic universes. #6. The quality of movies Speaking about and comparing DC vs Marvel comic, many fans stress the quality of movies based on the graphic novels. It is not a secret that Marvel movies are more popular among comic fans due to the fact that the movie makers managed to create memorable, interesting and bright characters who are liked by the public. A bit of heroism, a bit of seriousness, few drops of humor and we have what we call a good movie. In contrast, the films of DC studio can be characterized as too serious and sometimes even too noir (Watchmen). It can be suggested that the viewers are not always ready to something too deep and too philosophical in relation to comics. May be it is the reason why DC films have 47% average rate on Rotten Tomatoes. #7. Teamwork The other difference between DC comics vs Marvel comics characters is that many characters of Marvel were created as team players. It can be said about the X-men, Avengers, etc. At the same time, characters of DC were presented in 40s as separate units who never played in team. Many people can say that making teams is not always a good choice as less attention is paid to each particular character. Their responsibilities in a crew have to be divided between all its members. Lets say that one is a scientist, the other one is a technician, etc. However, such heroes as, for example, Batman can do all the staff on his own, which helps concentrate attention on one character and present him in more details. Nevertheless, creating teams in their fight against enemies is common to both studios (For example, Marvels Avengers and DCs Justice League). #8. Powers of Marvel characters are easier to explain We have already mentioned that Marvel characters have less powers, which are easier to explain compared to DC heroes. For example, Cyclopes shoots beams of energy out of his eyes, while Superman can fly, turn back time, has eye-rays, fast, superstring, etc. Iron Man is a genius inventor and scientist, who developed his robot-suit, while Batman is a scientist, ninja, detective, fast driver, technician among others. #9. Real and fictional location Every hero has its own city to protect. However, while Marvel superheroes usually protect real cities, DC characters tend to fight in fictional locations. Nevertheless, regardless of the fact that Gotham City cannot be found on any map in this world, it is not difficult to suggest that it is a prototype of a modern New York. This parallel is drawn considering that both studios are located in NY, which is sometimes too obvious. #10. Office hours Opposition Marvel vs DC comics is visible not only in books but also within the facilities of both studios. They differ not only in terms of heroes and their superpowers but also in terms of productivity of both teams. For comparison, DC issues 4 to 8 series per month, while Marvel creates up to 15!

National Negro Council of Women

National Negro Council of Women   Overview Mary McLeod Bethune established the National Council of Negro Women (NCNW) on December 5, 1935.   With the support of several African-American women’s organizations, the NCNW’s mission was to unify African-American women to improve race relations in the United States and abroad. Background Despite strides made by African-American artists and writers of the Harlem Renaissance, W.E.B. Du Bois’ vision of an end to racism was not during the 1920s. As Americans- especially African-Americanssuffered during the Great Depression, Bethune began to think that a unified group of organizations could lobby effectively for an end to segregation and discrimination. Activist Mary Church Terrell  suggested that Bethune form a council to help in these efforts. And the NCNW, â€Å"a national organization of national organizations† was established. With a vision of â€Å"Unity of Purpose and a Unity of Action,† Bethune efficiently organized a group of independent organizations to improve the lives of African-American women. The Great Depression: Finding Resources and Advocacy From the outset, NCNW officials focused on creating relationships with other organizations and federal agencies. NCNW began sponsoring educational programs. In 1938, the NCNW held the White House Conference on Governmental Cooperation in the Approach to the Problems of Negro Women and Children. Through this conference, the NCNW was able to lobby for more African-American women to hold upper-level government administrative positions. World War II: Desegregating the Military During World War II, the NCNW joined forces with other civil rights organizations such as the NAACP to lobby for the desegregation of the U.S. Army. The group also worked to help women internationally. In 1941, the NCNW became a member of the U.S. War Department’s Bureau of Public Relations. Working in the Women’s Interest Section, the organization campaigned for African-American to serve in the U.S. Army. The lobbying efforts paid off. Within one year, The Women’s Army Corps (WAC) began accepting African-American women where they were able to serve in the 688th Central Postal Battalion. During the 1940s, the NCNW also advocated for African-American workers to improve their skills for various employment opportunities. By launching several educational programs, NCNW helped African-Americans gain necessary skills for employment. The Civil Rights Movement In 1949, Dorothy Boulding Ferebee became the leader of the NCNW. Under Ferbee’s tutelage, the organization changed its focus to include promoting voter registration and education in the South. The NCNW also began using the legal system to help African-Americans overcome obstacles such as segregation. With a renewed focus on the burgeoning Civil Rights Movement, the NCNW allowed white women and other women of color to become members of the organization. By 1957, Dorothy Irene Height became the organization’s fourth president. Height used her power to support the Civil Rights Movement. Throughout the Civil Rights Movement, NCNW continued to lobby for women’s rights in the workplace, healthcare resources, prevention of racial discrimination in employment practices and providing federal aid for education. Post-Civil Rights Movement Following the passage of the Civil Rights Act of 1964 and Voting Rights Act of 1965, the NCNW once again changed its mission. The organization focused its efforts on helping African-American women overcome economic problems. In 1966, the NCNW became a tax-exempt organization that allowed them to mentor African-American women and promote the need for volunteers in communities across the country. The NCNW also focused on providing educational and employment opportunities for low-income African-American women. By the 1990s, the NCNW worked to end gang violence, teenage pregnancy and drug abuse in African-American communities.

Governance issues in a family business Essay Example | Topics and Well Written Essays - 750 words

Governance issues in a family business - Essay Example Conflicts can be avoided and resolved if arise because of good governance strategies that govern not only the business but also the family that runs that business. In this paper, I intend to describe a family business I learnt about on the internet and a governance issue related to it. Many small and medium sized family businesses are running in India today that contribute a great percentage of GDP to the country. But most businesses survive only until the third generation and very few pass on to the fourth generation because of generational conflicts and difference of opinions and perspectives between the elders and the youngsters of the coming generations. The family business I learnt about was the Ambani Family of the Reliance Industries Limited (RIL). It is â€Å"the largest private sector enterprise in India, a Fortune 500 company, and one of the largest private sector conglomerates in the world† (Shah). In this business, the family relationships once held very much impor tance in determining the business position of a family member. According to Reliance Industries Limited, Backward vertical integration has been the cornerstone of the evolution and growth of Reliance. Starting with textiles in the late seventies, Reliance pursued a strategy of backward vertical integration - in polyester, fibre intermediates, plastics, petrochemicals, petroleum refining and oil and gas exploration and production - to be fully integrated along the materials and energy value chain. Common governance issues that normally arise in Indian family businesses include decision-making being centralized; proxy sons holding control; owner becoming larger than the business; and a lack of strategies. The Ambani family had power, wealth, and control. After the death of Dhirubhai Ambani, his sons Mukesh and Anil split up and the family business broke. The governance issue here was the fights and conflicts between the family members who ran the business. Neither the higher education al degrees nor the experience could save the family squabbles to occur. A dispute over the control of power was the main governance issue that resulted in the splitting of the business. The dispute began with conflicts over roles in July 2002 and continues till the current disagreement over the price of natural gas when the brothers started accusing each other drawing government ministers and other politicians into the battle. Ambani versus Ambani rivalry has made the two brothers lose a big US$1 billion project in a competition to win the Mumbai Trans Harbor Link, and fame of course. Governance issues like this one bring bad name to the organization and are the main cause of splitting up or failure of a business that was running smoothly and earning large profits before the dispute. What we can learn from this particular case is that the family members especially those who are so close to each other like brothers, should make certain family pacts and policies before starting the al liance so that they know what are their limits and what needs to be done in case of a conflict. The family members should most necessarily be able to keep their family relationships and the business relationships apart so that both do not coincide and result into a dispute that is aired by bad family relationships. It is very hard in family businesses for the partners to keep their otherwise relations apart from

The management of art organisations Essay Example | Topics and Well Written Essays - 1500 words

The management of art organisations - Essay Example Consequently, it will be a useful company to the whole community. Further, the company acknowledges the family event, forums, and other events all in the effort of portraying the importance of artwork. It will also give chance to children who have art interest to pursue their dreams by offering them maximum support (Crosby, 2008, p. 5). Being a company known to deal in presenting the Australia’s most contemporary and largest visual arts, our mission is to get the recognition of the whole nation is terms of being a non-profit firm, yet helpful in selling the best talents in the country. Moreover, this company will ensure that productivity is translated into prosperity as well as growth for all the members who participates in our team. With this, the organization is determined to be a revelation to the larger community in the worldwide arena (Heijden, 2006, p. 4). The inaugural Biennale of Sydney was formed in 1973, with the aim of providing a showcase that could attract international community for contemporary art. The country is rich with traditional thinking. Therefore, the main aim of the organization was to challenge the traditional thinking by encouraging enthusiasm on a new level of thinking. For the above to work properly, it should be noted that the organization has to have attraction power. So far, this can be traced since the company now is witnessing an increased level of visitation, to the extent that it has doubled that of the year 2012. Its 18th Biennale of Sydney achieved a record of 665, 488 visitors witnessed across all revenues. This is somewhat encouraging, however, the fact remains that the country has to move forward, and pursue or perceive artwork on the level of the organization. This will change all the thinking of the Sydney’s residents, hence giving them a chance to explore the world to its furthest with rega rd to

Human Existence Essay Example for Free

Human Existence Essay 1. The origins of the majority of human existence in North America began with migrations from Eurasia over the Bering Strait. 2. The first truly complex society in the Americas was that of the Olmec. 3. Cahokia was a large trading center located near what present-day city? St. Louis. 4. The agricultural practices of pre-Columbian tribes in the Northeast were characterized by a rapid exploitation of the land. 5. The preeminent European maritime power in the fifteenth century was Portugal. 6. Christopher Columbus  thought the world was much smaller than it was in reality. 7. Amerigo Vespucci  helped popularize the idea that the Americas were new continents. 8. What European explorer gave the Pacific Ocean its name? Ferdinand Magellan 9. Encomienda was  the right to exact tribute and labor from natives. 10. The first permanent Spanish settlement in what is now the United States was St. Augustine. 11. In what way did sixteenth-century Europeans benefit from trade between the Americas and Europe? A large number of new crops became available in Europe. 12. Which of the following was NOT introduced by Europeans to the New World?  Corn. 13. The portion of west Africa that provided the majority of slaves for the Spanish Empire of the sixteenth century had well-developed economies and political systems. 14. African and American Indian societies tended to be matrilineal, which means that people traced their heredity through their mothers. 15. In the fifteenth century, slavery in Africa  generally allowed certain legal protections to the enslaved. 16. The European countries that controlled the African slave trade did so in which chronological order, from earliest to latest? the Portuguese, the Dutch, the English 17. What condition in England in the sixteenth century provided an incentive for colonization? The availability of farmland was declining, while the population was growing. 18. In what way were Martin Luther and John Calvin important to English Puritans? Luther and Calvin advocated ideas of religious reform that influenced Puritan thought. 19. The teachings of John Calvin  produced a strong desire among his followers to lead lives that were virtuous. 20. The English Reformation resulted from  a political dispute between King Henry VIII and the Catholic Church. 21. The English concluded from their colonial experiences in Ireland that English colonists should maintain a rigid separation from the indigenous population.

The Reality of Cloning Essay -- Critical Thinking Essays

  Ã‚  Ã‚   Jerry L. Hall, then a researcher at the George Washington University Medical Center, presented the results of his in-vitro fertilization experiment at the 1993 meeting of the American Fertility Society in Montreal. Dr. Hall gave an interesting speech and the comments on his speech consisted of "nice job" and other positive remarks. On his return to George Washington University, Dr. Hall expected the same feedback, and he was shocked when the October 26, 1993 cover of the New York Times announced, "Scientist clones human embryos, and creates an ethical challenge." Ethicists pictured images of baby farming and of clones cannibalized for "spare parts." Protesters chanted on the streets to immediately ban human-embryo cloning. The cover of Newsweek had images of babies in beakers, and the debate concerning test tube babies resurfaced. L'Osservatore Romano from Vatican city stated these "procedures could lead humanity down a tunnel of madness." And many other groups and individuals expressed their horror of cloning humans. Professor Hans Bernhard Wuermeling, a medical ethicist at the University o... ...y the price for Michael Jordan if this was a possibility? Be at rest, no Hitler race will take over the world in the near future. But Jerry Hall may help many couples have families because the goal of his experiment was to help people.    Works Cited Elmer-Dewitt, Philip. Where Do We Draw the Line? Time. November 8, 1997: 64-70. Herbert, Wray. The World After Cloning. U.S. News and World Report. March 10, 1997: 59-64. Scientist clones human embryos, and creates an ethical challenge. New York Times. October 26, 1993: A1.      

Financial Analysis of Axis Bank

CORPORATE FINANCE END TERM PROJECT To study the Financials of ICICI bank, HDFC bank and Axis bank and to conduct Comparative Financial Analysis among them. UNDER THE GUIDANCE: Dr. ASHISH GARG PROGRAM COORDINATOR PGDM (FINANCE) Submitted by:Janmey Patel (202) Nikhil Arora (206) Shashank Mohore (228) Aniket Gupta (229) Parandeep Singh Chawla (231) TABLE OF CONTENTS Overview of Indian Banking Industry4 Types of Commercial Bank4 Public Sector Bank4 Private Sector Bank4 Foreign Bank4 Regional Rural Banks4 Overview of ICICI Bank 5Overview of Axis Bank 5 Overview of HDFC Bank 5 Stock Analysis6 Return & Risk Analysis7 Calculations:7 Terms:7 Risk7 Return7 Risk & Returns Figures8 Covariance & Correlations8 Terms8 Correlation Effect8 Covariance & Correlation Figures8 Portfolio Variance & Standard Deviation9 Portfolio Return Figures9 Portfolio Risk Figures9 Cost of Capital10 Cost of Debt10 Cost of Equity10 Cost of Debt & Equity Figures10 Weighted Average Cost of Capital Calculations11Comparat ive Analysis11 Leverages11 Leverage Figures12 Graphical Representation for Leverages12 P/E Ratio Analysis13 P/E Ratio Figures13 Dividend Policy Analysis13 Dividend Yield and Dividend Payout Ratio14 Conclusions and Inference14 Return14 Risk15 Choice based upon Risk and Return15 Cost of Capital16 Choice Based on Cost of Capital16 PE Ratio Analysis17 Leverage17 Dividend Policy18 Overview of Indian Banking Industry Types of Commercial Bank Public Sector Bank In case of Public Sector banks the major shareholders is Government of India.For example State Bank of India, Punjab National Bank, Bank of India etc. Private Sector Bank In case of Private Sector Banks the major Shareholders are Private Individuals. For example ICICI Bank, Axis Bank, HDFC Bank etc. Foreign Bank In case of Foreign Bank the major Shareholders are the foreign entities. For example Standard Chartered Bank, Citi Bank, HSBC etc. Regional Rural Banks In case of Regional Banks the major shareholders are Central Government, Concerned State Government and Sponsor Bank in the ratio of 50:15:35.For example Andhra Pradesh Grameena Vikas Bank etc. Overview of ICICI Bank ICICI (Industrial Credit and Investment Corporation of India) Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialized subsidiaries in the areas of investment banking, life and non-life insurance, venture capital and asset management. ICICI bank is the 2nd largest bank in India by assets and 3rd largest by  market capitalization.Overview of Axis Bank Axis Bank was begun its operations in 1994, after the Government of India allowed new private banks to be established. The Bank was promoted jointly by the Administrator of the specified undertaking of the Unit Trust of India (UTI), Life Insurance Corporation of India (LIC) and General Insurance Corporation of India (GIC) and other four PSU insurance companies, i. e. National Insur ance Company Ltd. , The New India Assurance Company Ltd. , The Oriental Insurance Company Ltd. nd United India Insurance Company Ltd. Overview of HDFC Bank HDFC (Housing Development Finance Corporation Limited) bank was amongst the first to receive an approval from the Reserve Bank of India (RBI) to set up a bank in the private sector, as part of the RBI's liberalization of the Indian Banking Industry in 1994. HDFC Bank is the fifth largest bank in India by assets and the second largest bank by  market capitalization  as of march 31, 2012. Stock AnalysisBankex (Index tracking the performance of leading banking sector stocks) has grown at a compounded annual rate of about 31%. India’s gross domestic product (GDP) growth will make the Indian banking industry the third largest in the world by 2025. In coming years with its assets size poised to touch USD 28,500 billion by the turn of the 2025 from the current asset size of USD 1,350 billion. Return ; Risk Analysis Calculati ons: 1) The daily stock prices for the 3 banks for the duration of 5 years are taken from Nifty. 2) For the daily stock prices of the market we took the figures for 5 years of Nifty Bank. ) Formula for Daily Return Current Stock Price-Previous Stock PricePrevious Stock Prices 4) Average Daily Return is calculated by taking the average of Daily Returns. 5) Formula for Annualized Daily Return (1+Average Daily Return)249 – 1 6) Formula for Beta Covariance(Market, XYZ Bank)Standard DeviationMarket*Standard Deviation(XYZ Bank) 7) Formula for Annualized Standard Deviation (1+Variance(XYZ))249 – 1 8) Formula for Correlation Covariance(X, Y)Standard DeviationX*Standard Deviation(Y) Terms: Risk 1) Risk is the chance that an  investment’s actual  return  will be  different  than expected. 2) Risk  is usually measured by calculating he  standard deviation  of the  historical returns  or  average returns  of a specific investment. 3) A high standard deviations indicates a high degree of risk. Return 1. The gain or loss  of a security in a particular period. 2. The return consists of the  income  and the  capital gains relative  on an  investment. 3. It is usually quoted as a percentage. Risk ; Returns Figures Particulars| ICICI Bank| Axis Bank| HDFC Bank| Average Daily Return | 0. 001| 0. 001| 0. 00031| Standard Deviation | 0. 034| 0. 032| 0. 03393| Covariance (Nifty Bank, X)| 0. 001| 0. 001| 0. 00048| Standard Deviation (Nifty Bank)| 0. 025| 0. 025| 0. 02454| Beta | 1. 53| 1. 077| 0. 80000| Annualised Daily Return | 0. 159| 0. 331| 0. 08| Annualised Standard Deviation | 0. 580| 0. 545| 0. 58| Annualised Standard Deviation (Nifty Bank)| 0. 402| 0. 402| 0. 40| Covariance ; Correlations Terms Correlation Effect 1. Relationship depends on correlation coefficient 2. -1. 0 ; r ; +1. 0 3. The smaller the correlation, the greater the risk reduction potential 4. If r = +1. 0, no risk reduction is possible Covariance ; Corre lation Figures Covariance| ICICI Bank| Axis Bank| HDFC Bank| ICICI Bank| 1. 00000| 0. 00081| 0. 00058| Axis Bank| 0. 00081| 1. 00000| 0. 00052| HDFC Bank| 0. 00058| 0. 0052| 1. 00000| Correlation| ICICI Bank| Axis Bank| HDFC Bank| ICICI Bank| NA| 0. 00255| 0. 00174| Axis Bank| 0. 00255| NA| 0. 00167| HDFC Bank| 0. 00174| 0. 00167| NA| Portfolio Variance ; Standard Deviation Portfolio Return Figures Equal Weight Portfolio Return| Particulars| Return | Weight | Portfolio Return| ICICI | 16| 0. 33| 5. 333| HDFC | 8| 0. 33| 2. 667| AXIS | 33. 07| 0. 33| 11. 023| Total | 19. 023| Portfolio Risk Figures RISK (%) | ICICI | 0. 58| HDFC | 0. 58| AXIS | 0. 55| Portfolio | 0. 3278| Cost of Capital It is the minimum rate of return the suppliers of capital would expect to receive if the capital were invested.Cost of Debt Cost of debt is calculated using the formula: cost of debt kd=interest X (1-t)debt 1) Interest is the amount paid by the company as a interest on the Debt in the current year. I t is taken from the Profit ; Loss statement of the company. 2) Debt is long term debt which we have taken from the Balance Sheet of the Company. 3) The tax rate t is the corporate tax rate and is equal to the 33. 9%. Cost of Equity The Cost of Equity in this case has been calculated with the help of Gordan Dividend Model. Cost of Equity ke=Proposed DividendMarket Price per Share*Number Of Shares+Dividend Growth Rate Cost of Debt ; Equity FiguresParticulars| ICICI Bank| Axis Bank| HDFC Bank| Interest (Interest Expenses)| Rs. 8,50,44,350. 00| Rs. 1,79,32,646. 00| Rs. 2,29,99,060. 00| Total Debt| Rs. 1,40,16,49,073. 00| Rs. 34,07,16,721. 00| Rs. 23,84,65,086. 00| Corporate Tax Rate| 30. 00%| 30. 00%| 30. 00%| Cost of Debt (kd)| 4. 25%| 3. 68%| 6. 75%| Equity Capital| Rs. 1,15,27,683. 00| Rs. 41,32,039. 00| Rs. 46,93,377. 00| Proposed Equity Share Dividend| Rs. 1,90,20,400. 00| Rs. 77,00,725. 00| Rs. 1,17,27,733. 00| Number of Shares| 13565154| 41,32,03,952| 23,36,704| Dividend Growth R ate (g)| 17. 95%| 14. 87%| 30. 06%| Cost of Equity (ke)| 18. 11%| 14. 87%| 31. 02%|Weighted Average Cost of Capital Calculations Comparative Analysis Leverages The leverage analysis consists of: 1) Operational Leverage defined by Degree of Operational Leverage. 2) Financial Leverage defined by Degree of Financial Leverage. 3) Total leverage defined by Degree of Combined Leverage. Operational Leverage (DOL) = % change in EBIT % change in Sales Financial Leverage (DFL) =% change in EPS% change in EBIT Total Leverage (DCL) = % change in EPS% change in Sales = DOL* DFL Leverage Figures Graphical Representation for Leverages P/E Ratio Analysis P/E ratio is calculated using the formula: P/E RATIO=Current market price of share EPSP/E Ratio Figures Dividend Policy Analysis Dividends paid by a firm are measured using one of two measures. 1) Dividend Yield: Which relates the dividend paid to the price of the stock. Dividend Yield=Annual Dividend per Share Market Value per Share 2) Dividend Pa yout Ratio: Relates dividend paid to the earning of the Firms. Dividend Payout Ratio=Dividend Distributed Total Earnings Dividend Yield and Dividend Payout Ratio Particulars| ICICI Bank| Axis Bank| HDFC Bank| Dividend Paid (000's)| Rs. 19,013,434| Rs. 6,697,611| Rs. 7,695,463| Number of shares| 13,565,154| 413,203,952| 2,336,704| Dividend per share| 1. 402| 0. 016| 3. 293|Intrinsic value per share| 890. 2| 1146. 2| 519. 85| Dividend Yield| 0. 157%| 0. 001%| 0. 634%| Earnings (000's)| Rs. 103,860,000| Rs. 74,308,700| Rs. 89,504,000| DP Ratio| 0. 183| 0. 090| 0. 086| Retention Ratio| 0. 817| 0. 910| 0. 914| Conclusions and Inference Return As one can see from the above chart , Axis Bank offers the highest returns per annum at 33% , followed up by ICICI and HDFC Bank at 16% and 8% respectively. It can be safely concluded that Axis Bank is the best option to invest in. Let us now have a look at the Risk analysis before we go any further. Risk The following chart depicts the Risk witness ed by each of the Banks.As one will notice, each of the three Banks i. e. ICICI , Axis and HDFC Bank belong to the same risk class. Risk of ICICI and HDFC Bank is equal at 58%, while that of Axis Bank is little lower at 54%. There is not much to choose between the Banks when it boils down to Risk. Choice based upon Risk and Return Based upon Risk and Return Assessment Axis Bank stands out to be a clear choice. On one hand it offers returns which are twice that of ICICI Bank and four times in comparison to HDFC Bank, on the other hand, its risk is marginally lower than that of the other two Banks, which makes AXIS Bank to be the standout choice.Cost of Capital The Cost of Capital of each Bank is depicted in the following chart: As one can see from the above chart The total cost of Capital for ICICI Bank averages out to be 8. 42%, Whereas Axis Bank has a WACC of 8. 15 % and HDFC bank has its cost of capital in excess of 20%. HDFC Bank needs to substitute its Equity and reserves with m ore of Debt, if it wants to lower down its WACC. Cost of Capital for HDFC Bank is high primarily owing to its huge Cost of Equity which is more than 30%. It needs to substitute more of debt in its Capital Structure if it wants to reduce its hurdle rate.Choice Based on Cost of Capital If one is viewing the affairs og the company based on the Cost of Capital, HDFC gets eliminated without any second thought. It needs to bring down its Cost of Capital if it wants to sustain in the long run. While on the other hand there is not much to choose between ICICI and Axis Bank , as both of them have almost the same hurdle rate close to 8%. PE Ratio Analysis The PE Ratio of ICICI and Axis Bank is very much comparable. ICICI Bank has a PE ratio of around 15 , whereas, the same for Axis Bank Hovers around at 11.One can easily draw a conclusion that investors are willing to pay more for ICICI Bank and also expect a higher growth rate in its earnings in the future. Following Chart depicts the compar ative analysis of ICICI Bank along with HDFC Bank and ICICI Bank. It can be clearly seen that the PE ratio of ICICI Bank and Axis Bank are Comparable. But, the PE Ratio of HDFC exceeds 120. One can safely draw a conclusion that the Market Price of HDFC Bank is highly overpriced compared with the Industry average and one can expect a downfall in its share prices in the near future, because such high level of PE Ratio cannot be sustained in the long run.Leverage The Position of Leverages for each of the Banks depict the same story. Following chart will substantiate it: Each of the Banks has a operating leverage lower than 1 , which implies that EBIT is not increasing in the same proportion as the sales of these Banks. Even the degree of financial leverage and the degree of combined leverage of each of these three Banks is comparable and there is not much to choose from when it comes to leverages. Dividend Policy When it comes to total dividend Paid by the Bank, ICICI Bank exceeds the two other Banks with quite a margin.The following Chart depicts the situation more comprehensively: As one can see from the Chart ICICI Bank is the clear leader when it comes to the amount of dividend paid, while there is not much to choose between Axis Bank and HDFC Bank. Total Amount of Dividend Paid doesn’t show the true picture as , it has not been adjusted for number of shares. In other words , Dividend per share will show the appropriate picture. Following chart will depict the amount of dividend paid by each bank per share.As one can see clearly from the graph above , it is the HDFC Bank which is more liberal while declaring the dividend vis-a-vis ICICI and Axis Bank. HDFC pays dividend in excess of Rs 3 per share. ICICI pays a dividend just exceeding a rupee on a share. While, Axis Bank doesn’t even pay 50 paisa on a share. From Investors point of view who wants a steady flow of Income, HDFC stands out to be the most logical choice of Investment. Such an Invest or should obviously resist and desist from investing any amount of money in AXIS Bank.

Matt Leeds

Leeds felt that taking a position in the consulting firm would give him broader exposure In the retail/marketing field and the Job In general was more glamorous. Kingston offered him a Job and also promised Leeds would become a UP in a few years. He ended up accepting the offer from Dander Boonton and Scott was not happy with the decision. Dander Boonton has (3) practicing areas; mass merchants and luxury retailers, catalog/Delbert marketing and consumer goods manufacturers.Leeds would be a part of the first practice and the recruiter, with whom Leeds interacted with, spoke highly of the Senior Partner in charge of the area UT also mentioned moral was a down due to the low number of promotions to partnership. The hierarchy at the company is the following: Associate consultant, Consultant, Engagement Manager, Partner, Managing Director Each office has a managing director who optimizes the use of resources to keep staff as fully billable as possible, especially Junior people who do not have clientele. Engagement Directors sell services and staff It with Engagement Managers who use consultants.Engagement Managers participate In one project at a time usually for up to (8) months. Consultants are rotated more often, every four to six months. This is done to allow consultants to be a part at different stages of the engagement with different clients. Dander uses a formal Management by Objectives evaluation process and most of the promotions are from within. Leeds was interviewed by managers that impressed him but he was also told he would not know who his boss or assignment was until the first day of work, He was also told he would become an engagement manager within 2 to 3 years.His first day at work he met his boss who outlined his flirts assignment in about ten minutes. It was a merchandising optimization model project with a chain of women's apparel stores, but it would not start for another six months, and in the meantime the project had to be planned. He was int roduced to the only other consultant on the project up to that time, Eleanor Swift. He had a meeting with his boss that did not go well because his boss had stereotyped Mambas as people who know less than what they really claim.His boss was confrontational stating Leeds would not get special treatment and that he would have to prove himself like everyone else. Leeds replied stating he was someone who got his hands dirty and gave examples of this in his role in the stores. His boss also told him in the next weeks he would be extremely busy FIFO Telling a project, out Tanat en was welcome to ask any Stetsons IT name. Lyle tool Leeds his initial Job was to work on project plans for each major part of the project and to work with Swift, but that he had to report to him and not Swift.Leeds was not happy with the first meeting with his boss, whom he saw as not welcoming and disinterested. He also met Swift who characterized herself as a corporate misfit, who knew how to get things done bu t did not engage in politics like everyone else. She told Leeds that by working with her he would learn his Job. She also expressed her dislike for Harvard Mambas and went on to say he would be in learning mode for at least six months and also mentioned the company was a highly structured environment. Leeds was not happy with his boss or peer but had mixed feelings about the project.The negative part was that it would start in six months, but it was good to start on something so big for the office with challenging work from the ground up. On the second day he was invited to lunch by one of the consultants that had interviewed him and they met other consultants as well. They seemed a lot ore interested in his background than his boss and peer and also informed him about a change in recruitment practices where all new hires for entry level positions were now Mambas from top schools. As a result Mambas were dominating the company, which was a possible cause of Lye's and Swifts dislike of Mambas.The couple of times Leeds went to ask his boss some questions about what he had read about Fashioner he was told to come back later. He asked Swift and she answered in her condescending style. Swift would give trivial tasks to Leeds which he did not question since he did not want to be perceived as aggressive. By his third week, Swift scheduled meetings with Engagement Managers who had run projects similar to the components of the project; order quantities, pricing, markdowns and location optimization.Leeds was in the meetings but did not participate much because he was overwhelmed by the information and felt he should be in learner mode as Swift had suggested. He also felt like nobody asked for his opinion and began to feel uncomfortable. Leeds had a conversation with Brenner, the consultant who interviewed him and she told him making good presentations, having all facts and figures prepared was important along with being enthusiastic, ambitious, creative, and analytical. Leeds was asked to analyze Fashioner sales data and write a Memo which he did with Lye's help.The Engagement Director praised it as good, but Leeds was disappointed because he wasn't included in the development of work plans done by Lyle and Swift using his analysis. He felt he was more than qualified to participate in this. He seemed to get along with everybody at Dander except for Lyle and Swift. He spoke to other consultants who informed him other new hires were doing more challenging tasks and that they did not understand why he was given such mundane assignments. This seems like a bad case of set-up to fail without having any reason other than a stereotype or bad feelings toward Mambas.Lyle and Swift had made up their mind about Leeds without giving him a chance at success. Lyle provided very little information and assigned work or let Swift assign work that would not encourage or inspire anyone. After six weeks of being there Lyle still had not given Leeds his objectives. One time, Leeds Ana to ay word processing Decease Nils secretary was on vacation and the other secretaries were busy. Hopper saw him and reprimanded him saying he should not be doing clerical work. That's why they had secretaries and doing that kind of work would undermine his credibility.Leeds respectfully told him it was a minor change he needed to get done quickly, but Hopper insisted. Lyle heard the incident and told Leeds that Hopper was being unreasonable. Leeds decided to listen to Hopper since he had seniority over Lyle. After this, an incident caused tension between Leeds and both Swift and Lyle. Swift then asked Leeds to make copies for her immediately. Leeds said he was busy and told her to manage her time better and make her own copies. She got upset and asked him if he was too good to make copies. Leeds was upset and he snatched the papers and started making the copies.After lunch he had a note to go see Lyle. Lyle took Swifts side and shouted at Leeds stating he had to be a team player and that even Harvard Mambas had to make copies. Leeds was frustrated because he felt Lyle was not being objective. Again this sounds like Lyle has his in and out group. Leeds is in the out group without having had a chance to prove himself. Leeds confronted Swift about her being condescending and Swift apologized sarcastically. Leeds either performed clerical tasks and upset Hopper or does not and upsets his boss and peer. A couple of days later Hopper approached Leeds asking him if he was happy in the company.Leeds stated he had some issues with Swift, but said Lyle was really good to him. He felt it was not good to make negative comments about his boss to his superiors. Leeds found out after three months he should be given an evaluation, he requested one from Lyle and a couple of days later had an informal evaluation during lunch. Lyle said he was doing a nice Job, learning his Job and getting along with everyone in the office, but that he was unassertive and lacke d initiative, especially during meetings. Leeds mentioned he was being a learner as Swift had suggested and also mentioned Swifts condescending attitude.Lyle replied she had a deficient management style, but that he never had issues with her and that Leeds should be able to get along with her. Swift and Leeds got into another argument over analysis Leeds had done of Fashioner's existing pricing policies and markdown approaches. Swift was initially impressed with his work, but when he showed her the spreadsheet he was using for his analysis she started questioning his findings. Swift started screaming mentioning Harvard Mambas thought they knew it all and Leeds was called into Lye's office, whereLyle once again defended Swift and promised to give Leeds distinct assignments. He also told him he did not understand why be couldn't get along with Swift, that she was misunderstood, but had a good heart. Lyle, as the manager, should take steps to resolve the conflict and make the situation better, but Leeds did not believe he would do that. Leeds took matters into his own hands and invited Swift to speak after work. They did and agreed to cooperate. Other Consultants in the company criticized Lyle calling him a bad manager and stating that he did not train people.

Islam and Christianity †One God

Islam and Christianity – One God Free Online Research Papers I learned that in Islam that they are five pillars which stand out to me because I didn’t realize that by following these steps one is practicing one faith because of my beliefs for which I have been taught. For instance in Christianity prayer is one of the many rituals that they used everyday but in Islam in the second pillar (salat) prayer is held 5 times a day which in my opinion is more intense. I have learned that in Catholic Christianity I have been told to pray in the morning, before meals, and at bed, which I guess I could count five times a day but I won’t have to go to the mosque like in Islam or no one would tell me like in Islam that they have a muezzin when to pray and I would go into the minaret. Going back to fact that the first pillar in Islam there is no god but god and Muhammad is the messager of God. The other three pillars that I have learned about are zarat which is the contribution to the welfare of the community. The shaum is fasting during Ramadan and the last is Hajj which is the pilgrimage to Mecca. In all the pillars I have learned that one can grow closer to Allah, and I learned through these pillars that people beliefs are not so different from others. I would have to say that the thing that surprised me was the whole praying situation. I found it different that one would go to a place to pray and one person calls one to prayer. In Islam they go to the Mosque which is the praying place and the Muezzin is the person that is in the Menarat calling others to pray. In Islam they have to pray 5 times which as stated earlier is dedication to one’s faith. It did surprised me as well that in Islam there are very religious and very protective of their faith and to me that says a lot about a person, not necessary agreeing with them but know that they are believing in something that they think is right and in Christianity is doing what they believe is right. In the end no one wins because you can’t come back from the afterlife and tell everyone what the right way is. I would have to say some of the five pillars would be to extreme for me and I would feel guilty of not doing. For instance the fasting during Ramadan I wouldn’t agree for the sole reason I don’t really see the purpose of fasting the entire day, I mean as a Catholic we have lent and we fast for certain holy days but we are not that intense. I really don’t have a problem with that it just the fact that it would be unpleasant for me to follow those rules. Another thing will be the final pillar the pilgrimage to Mecca; I don’t think that you have to travel somewhere just because you feel that Allah is going to be there. I would say to Islam that Allah is everywhere; it doesn’t matter if you go or if you don’t. That would be unpleasant to me because I would feel that I would have to save all the money just to go because if I don’t then I would feel guilty and I know that you don’t have to go if you can’t afford if I was Islami c I would find this pillar hard to achieve. I would say the way that Islam Is similar to Christianity would be they believe in one God. Muslims have a messenger called Muhammad and Christianity has a messenger named Moses in my eyes. Here is the reason because in Islam Muhammad got everything that he needed to tell the people of Islam and Moses did the same for the Christianity. The example would the be in Islam the Five Pillars and in Christianity I would say the Ten Commandments. The final thing that Islam and Christianity would have in common is they both believe in sins and that they don’t put anything at or above their gods. I would say that there is lot of dissimilarities in Islam to Christianity. In Islam they believe in submission to Allah, in Christianity they believe in the trinity which is the father son and Holy Spirit is one. The sins of ingratitude in Islam is to me stricter than in Christianity because of the fact that in Christianity you can seek forgiveness rather than Islam which a sin of ingratitude where you have to be grateful of everything. Even if something bad happens you have to be grateful of whatever happens to you. Of course the obvious reason that Islam is different because they don’t have the sacraments that Christianity has especially in Catholicism which has seven sacraments. Another way that I would say that would be right is that Islam thinks of Jesus Christ as a prophet which in Christianity they think of him more of a prophet. In there eyes he was more a miracle worker than a savior as Christians would say. I don’t think that Muslims are little bit extreme than most Catholics, again a great example would be The Hajj the pilgrimage to Mecca. I really don’t see any Christians meeting at the same time in at some holy land as the Muslims do or maybe they do but its not intense as they Islam. I would say by studying Islam it has taught me that in that religion prayer is important as it is to me, but I don’t pray as much as Muslim’s which made me wonder if I should practice what I believe instead of just simply saying what I believe in. It has help me by reaching what I do believe in and making sure I have the facts down. In the end I would say that is help me reaffirm my faith and beliefs and has educated me in a way that I was wondering what others believe in. It has taught me be open minded as well just because I think any one studying Major world religions should be open minded and just because they don’t agree with other religions they should have another idea. As far as converting I don’t think that I will covert to Islam or become a Muslim just because I don’t believe in Allah and although I respect their thoughts I just don’t see myself in that religion and I happy and proud to be a Christian especially a Catholic. I have learned as Catholic a little bit more about how the church was formed and the causes of breaking Christianity in many parts. In the end I was just well education and have a better understanding on how Islam works as a whole. Research Papers on Islam and Christianity - One GodBook Review on The Autobiography of Malcolm XCapital PunishmentThe Hockey GameComparison: Letter from Birmingham and CritoPersonal Experience with Teen PregnancyTrailblazing by Eric AndersonWhere Wild and West MeetCanaanite Influence on the Early Israelite ReligionStandardized TestingThe Effects of Illegal Immigration

ACT Score Range Whats Good

ACT Score Range What's Good SAT / ACT Prep Online Guides and Tips If you’re planning on taking the ACT, you’re probably wondering what you can expect in terms of scores. In this article, I’ll take you through the basics of how the test is scored, show you where your scores fall in relation to other students, and give you a few tips on how to plan your studying to meet your goals. ACT Score Range: The Basics On the ACT, your composite score can be anywhere from a 1 to a 36.Unlike the SAT, the composite score is not the sum of the scores of the other tests - it’s the average. The ACT has four sections: English, Math, Reading, and Science.Each one is also scored on a scale of 1 to 36, and the average of these four scores will make up your composite score. The ACT doesn’t have an incorrect answer penalty, so your raw score on each section is just the number of questions you get right. Any questions you answer incorrectly or omit will not count towards your score.English has 75 questions, Math has 60, Reading has 40, and Science also has 40. Check out this sample conversion chart to see how raw scores are converted to the final scores on a scale of 1-36: (note that different tests have different raw score to scaled score conversion charts, but this is generally the right idea). The ACT also has an optional essay, but the Writing section will not impact your composite score or any of your test subscores. You will get a score from 2 to 12 on your essay in four different assessment categories. Your total Writing score will be out of 36 just like the other sections.The ACT gives you an English Language Arts (ELA) score as well, which is the average of your English, Reading, and Writing subscores, but again, this doesn’t factor into your final composite score. Average ACT Scores The national average composite ACT score for the class of 2014 was a 20.Average scores for subsections were: English: 19-20Math: 19-20Reading: 20-21Science: 20-21 If you’re scoring in this range, you’re already scoring higher than 50% of students who take the ACT and will have a good shot at getting into many colleges.Keep in mind, however, that national averages might not be the most relevant to your individual situation. You should look up the average scores for schools you’re interested in to figure out what target scoreto shoot for.If you’re hoping to attend a very selective school, you might need to set your sights on a score in the 34-36 range.At MIT, for example, the 75th percentile composite ACT score for admitted students in 2014 was a 35.When you look at the averages for your school of choice, you should try and aim for the 75th percentile score (higher than 75% of admitted students)because it will give you the best chance of admission. Also keep in mind that someschools want you to submit the ACT Writing score, and some don’t care about it.This is an important factor to take into account both when studying and when deciding whether to sign up for the ACT with or without Writing. MIT: A lush sanctuary where geeks can run free Studying for Your Score Goals You might know where you fall in terms of your ACT score range if you’ve already taken the test.If not, try out a practice test (with appropriate time constraints!), and see how you do.If you find that you still need to improve your scores quite a bit, don’t worry! If you come up with a solid study plan, you should be able to get them up where you want them to be by the time the test rolls around. I’ll give some brief guidelines below about how long you should study for different point improvements.For more info check out our complete study plan for the ACT and a guide I wrote on how long you should study. I’m Looking to Improve by 1-2 Points This is a very doable goal, even if you start studying only a couple months in advance of the test.Improving 1-2 points should take around 20 total hours of studying.This means that if you study for about two hours every week for two months, you should be able to meet your score goals.If you want, you can even space out your studying for a few more months so you only have to devote an hour a week to ACT prep. I’m Looking to Improve by 4 Points This is a pretty significant improvement, so you’re going to have to put in a bit more time.A four point improvement usually means around 40-50 hours of studying.You could choose to start studying two months in advance and plan out five hours a week if you prefer longer, more intense study sessions.If you’d rather spread it out more, try studying for two hours a week for five or six months instead. I’m Looking to Improve by 6 or More Points This level of improvement is going to require a lot of hard work.For a score increase of six or more points, you’ll most likely need 150+ hours of study time.This means starting early and committing to study sessions every week.If you start studying six months before the test, schedule out five hours a week to devote to ACT prep. You should also remember that your studying needs to be high quality in order for you to see results!This means figuring out what types of questions cause you problems and then practicing similar questions over and over.You'll have to take the time to really understand your mistakes before you start to see positive changes in your scores. Summary Here are some of the main points you should remember about ACT scoring: The ACT gives you a composite score on a scale of 1 to 36 There are four subtests in English, Math, Reading, and Science, and each is also scored from 1 to 36 These four tests are averaged to make up your composite score The average ACT composite score is around a 20 nationally To figure out the score range you should be aiming for, look up the 75th percentile scores of admitted students for schools where you plan to apply. This will give you a better sense of how much time you should devote to studying.Even if the gap between your current scores and your goal is pretty large, with enough planning and focused studying, you should be able to beat the test! What's Next? ACT Score Choice and Superscoring are two policies that might impact which of your scores colleges see. Read more about what they are and what they mean for you here and here. Still not sure whether you should take the ACT or the SAT? Learn more about which one is best for you. For more information on ACT scores, read this article on how to get and interpret your results. Want to improve your ACT score by 4+ points? Download our free guide to the top 5 strategies you need in your prep to improve your ACT score dramatically.

Analysing media text using the approaches in textual analysis Essay

Analysing media text using the approaches in textual analysis - Essay Example The analysis will focus on the image, the multimodal text and the message it conveys to its readers. In order to more critically understand the image presented on the cover, a brief background on the model is necessary. Miley Cyrus is a former child star on Disney Channel’s Hannah Montana, a character idolized by young girls because of her talent and wholesome personality. Parents were pleased that their children had a good role model in Hannah Montana that they encouraged them to emulate her, patronized her shows and bought her merchandize. However, as Cyrus grew older, she was captured by media in compromising situations that tainted her good reputation as a wholesome character (EOnline, 2013). Her controversial shift in image by exhibiting raunchy acts in public disappointed parents but were helpless in the fact that she was old enough to do what she wants. In March, 2013, she was featured on the cover of Cosmopolitan magazine (see appended image) with short, blond hair wea ring a white outfit with an open jacket showing more than her cleavage. Her image stands out from a plain pink background as the most salient element. Pink is usually associated with softness and femininity, which may not suit Miley’s personality, however, Machin (2007) suggests that flat colours connote simplicity, emotions and modernity. Such a background contributes to the salience of the various elements in the cover. As is common in contemporary women’s magazines, the model is positioned at the center of the page with the magazine title on top and titles of articles featured in the magazine surrounding her. With the background colour of pink as base, varying hues of this colour are used in the main heading, some emphasized words in the titles and highlights of some other titles. Lirola (2006) contends that the colour of the background creates a specific context which gives cohesion in the elements. The written text, being influenced by the background colour now be comes part of the visual. Pink is usually associated with young ladies, which Miley Cyrus represents. Lirola also suggests that the colour pink is used to attract the readers’ attention. Since majority of Cosmopolitan readers are females, the colour encourages interaction with them. The close coordination of colours of the titles, the model’s clothes and other objects in the cover page produces an impression of high stylization and a connotation of modern fashionability (Machin & Thornborrow, 2003) which Cosmopolitan is known for. The image of Miley Cyrus is a metaphor in itself. Wearing a white outfit which connotes purity and wholesomeness, she wears nothing inside so a large part of her breasts are showing. Her shoulders are hunched, and her hands grip at the inner ends of her jacket, a tensed pose indicating discomfort in what she is wearing and wants to break free. Metaphorically, she wants to release herself from the pure mould that the Hannah Montana character h as created for her and unleash her new image of maturity and sensuality. This is complemented by her facial expression which is neutral, neither smiling nor frowning but her eyes look deeply into the readers’ as if letting them know she is serious in what she wants. Goffman (1979) identified the model’s gaze to be important and suggested that women are usually sights to be gazed upon by others in the image. However, when the model herself gazes into the

Proposal- a training programme for Wing Yip Dissertation

Proposal- a training programme for Wing Yip - Dissertation Example In terms of the classical Chinese concepts of family and business, Wing Yip strives to build long term relationships with its suppliers, its staff, its customers and tenants. Further long term goals are to ensure that the company’s passion – the supply of excellent food products – strengthens the awareness of Chinese food culture in Britain, to mirror the important role of food in Chinese history and society (Wing Yip*, 2011). At all four branches of Wing Yip, vacancies have been advertised for cashiers, shop floor assistants and store manager’s assistants (Wing Yip**, 2011). Toward the achievement of the long-term goals of Wing Yip, it is essential that the training provided for the existing staff – as they move into positions of leadership within the stores – and the newly employed staff – as they begin their association with the culture and traditions of Wing Yip – be trained and developed as individuals proud to be associate d with the company and its values. Service delivery must be refined and enhanced through training in best practice, already found in the organisation. Objectives To promote a common culture of service, innovation, pride in delivery and lifelong learning among Wing Yip employees To enable upward mobility toward leadership within the organization, in line with succession-planning strategies To promote the company culture of the classical Chinese approach to family and business, and the passion for food (Wing Yip*, 2011) among all employees To ensure appropriate skills and competencies according to job description among Wing Yip employees, hence promoting the empowerment of the individual Approach A dual approach will be maintained in the courses offered: Induction training for new employees, to familiarise new people with roles and responsibilities, the culture of the business, and with colleagues; development for existing employees to emphasise the employees’ potential to lear n new skills and develop more capabilities (The Times 100 website: Training and Development Theory, 2011). Adults learn best through goal-oriented instruction (Craig, 1987) and thus trainers will employ structures and methodologies with this in mind. The possibilities for advancement in the company and personal development will be emphasised throughout. Also the first and compulsory-for-all-course – Course A – will disseminate the company culture and promote the taking of personal responsibility as well as initiative and innovation, hence persuading the delegates that the company’s values are sound. The company’s objectives in presenting the training must be concisely and regularly reinforced throughout the training. Assumptions In order to improve the output and success of a business it has been claimed that an organization in which everyone shares the same vision and where they trust and value each other’s contribution develops a â€Å"high perf ormance culture† (The Times 100 website: Siemens Case Study, 2011). Further, allowing people to take responsibility and trusting in their abilities motivates them, and allied with a shared vision and goals, individuals feel that they are contributing in a worthwhile way to the business. They also then feel more empowered in their