Essays on Shield

The National Quality Strategy (NQS) is mandated by the Patient Protection and Affordable Act and established through a clear and combined process. NQS focuses on six major priorities to improve health and healthcare quality. These priorities are applicable for the consumer as well as for the healthcare providers. As a healthcare consumer, I believe that each person and family members must be engaged as partners in their healthcare. This priority is clearly depicted by PatientsLikeMe that was founded to educate people and families with chronic conditions and make them aware by providing answers to their chronic conditions. The initiatives ...

CHAPTER II

This chapter will seek to conduct an absolute inquiry into what makes up security interest laws in the United States. In order to lay the foundation for comparisons in subsequent chapters, the three main elements of the study of the Saudi system will be reviewed here in the context of U.S laws with an emphasis on California state law. The features of the California legal system will include the assessment of foreclosure rules and patterns in California. This will include a detailed fact-based evaluation of CCP580 (b), CCP580 (d) and CCP726 (a). The different components will enable the study ...

Discussion on health and safety act in geomatics

Introduction Geomatics is a field of collecting, archiving, processing and distributing physical or specially referenced information. Geomatics involve the use of laws, ordinances, and regulations among other policies to ensure that all individuals are protected against all forms of risks. Such systems may include land use, security, hazardous waste, health issues, and environmental use among others. The paper focuses on the definition of the health laws associated with geomatics and the impacts of introducing such laws.

The Health and Safety at Work Act was established in 1974 to cater for the protection and health legislations in all workplaces (Lundgren ...

Analysis of Tesla Motors

Analysis of Tesla Motors

Introduction

Organizations must use any strategy that will enable the organization to stay competitive and to also learn about any processes within the organization that could be changed in order to increase proficiency and efficiency. One such process is a critical analysis of the microeconomic and macroeconomic environment as well as any challenges that the organization may be encountering. This essay will perform an analysis of Tesla Motors to include the history of the organization, organizational regulations, factor markets, global pressures and foreign competition, cost structure, economies of scales; a critical analysis, practices of economic theory ...

Advantages

Male circumcision is the surgical removal of the foreskin. Circumcision may be performed for various reasons such as medical reasons, religious and cultural reasons and HIV prevention. Firstly, circumcision might be done to treat the following conditions: Phimosis is a condition wherein the foreskin is too tight to be pulled back over the glans penis. This can be a cause for pain during erection and may cause urination to be painful and difficult.

Recurrent balanitis is the inflammation of the foreskin and head of the penis.

Paraphimosis wherein the foreskin can’t be returned to its original position Penile cancer Aside from the medical reasons mentioned above, circumcision is a religious and ...

What is the scope of the social justice issue?

Driving under influence of alcohol is associated with occurrence of accidents. Alcohol causes impaired judgments and individuals cannot make accurate decisions regarding traffic rules and driving becomes a challenge since the operation of the vehicle itself is not well coordinated such as speed and lane discipline (Rand et al., 2012). Consequently, accidents such as falling off ditches, vehicle collisions occur resulting to death of individuals and serious injuries that leaves some people totally disabled. Drivers under influence of alcohol are not only a risk to the people on board but also to the pedestrians and other road users. This ...

Analysis of Children’s Physical and Mental Growth During Class time.

What activities does the teacher provide to facilitate physical movement in the lesson leads to improved concentration and attention in cognitive activities? Continuous physical activity during a lesson can enhance good concentration among the students. For instance, according to a study done, walking briskly for 30 minutes or 40 minutes can three times a week can enhance one’s concentration. It reduces the brain aging clock by 1-2 years and allows for proper brain activity. Most scholars suggest that having physical activity done during class, after or before class can go along ways increasing the children’s concentration in ...

When someone hears the word hero, it brings a feeling of respect. Each country has its heroes and honors them, perpetuating their names in books, movies and memorials, composing songs about them and their idealized images. But there are some heroes that are unreal and were composed by people with certain purposes and during a certain period of time. One of them is World War II that brought not only destruction, but also creation. It is a turning point it the world of comics, as many of the iconic heroes began in WWII period and are still popular with ...

MEMORANDUM

First I’d like to thank everyone for their hard work. Even though Southwest Business Forms is a small company operating in a capital intensive business, we were able to achieve success in a relatively short period of time. We are proud of the people that have helped build this company. This company started from nothing, but people like you made it what it is today. As a result, we were able to offer all full-time employees and their family healthcare benefits at no cost. This is something that is difficult to achieve, even for a larger company. As ...

About the report

The report is based on our assistance given to Wheel Industries where we have analyzed the long term investment opportunities available with the company using the techniques of capital budgeting. To facilitate better understanding for our readers, we have included all the calculations within this report while every calculation is explained comprehensively.

Project Details

Wheel Industries is considering a three-year expansion project, Project A. The project requires an initial investment of $1.5 million. The project will use the straight-line depreciation method. The project has no salvage value. It is estimated that the project will generate additional revenues of $1.2 million per ...

JONES &TREVOR MARKETING INC. V. JONATHAN L. LOWRY, ET. AL. In Jones & Trevor Marketing, Inc. v. Jonathan L., Lowry, et. al., 2012 UT 39; 284 P.3d 630 (2012), Jones & Trevor Marketing entered into a contract with Jonathan Lowery and Nathan Kinsella. The contractual relationship did not flourish and Lowery and Kinsella sought to cancel the contract. In response. Jones & Trevor Marketing filed suit. During the pending lawsuit, the defendants dissolved the company and Jones & Trevor sought instead to hold Lowery and Kinsella personally liable by piercing the corporate veil under the alter ego theory. Jones & Trevor Marketing alleged that ...

Abstract

In ancient times, states were known for their military power. As a result many nation invested a lot in the military in terms of funds and time. The military was considered to be something powerful to an extent that it was incorporated into the cultures of their respective nations. This paper looks at the comparison of two such militaries, that is, the Spartan and the roman militaries. It achieves this by looking at several aspects that depicts how the set-up of the armies were organized. These two cities were considered to be stable during their time and they had ...

A Problem Exists

Riding motorcycles without a helmet can be equated to confronting a risk head on while hoping that chances will likely save you. The best way to stay safe is by preventing the risk in the first place rather than trying to find ways of reducing the impact of the risk. The numbers of motorcycle accidents over the recent past are evidence as to why all motorcycle riders should wear their helmets at all times when riding their motorcycles. Several studies have been conducted by different companies trying to look into the issue of whether the helmets have any correlation ...

Literature:

Latin Class The Aeneid (from Latin Aenēis) is an epic work, written in Latin, the author of which is Virgil. This work comes from time, between 29th and 19th year B.C. This work dedicated to the story of Aeneas, a legendary Trojan hero who moved to Italy with the remains of his nation; hero, who established the Lavinia, while his son established Alba Longa city. Virgil wrote this poem in dactylic hexameter and it consists of twelve books, six of which are mimic to Odysseys and the other six to Iliad. The chronology of Aeneid is intentionally violated; ...

Paper Due Date

Abstract The life is challenging – it makes people show their inner strength or weakness. In the first case – life gives an ward, I the second case – another challenge. Erin Brockovich is the one, who can be related to the first case. It is a strong woman, a mother of three children. The movie “Erin Brockovich” is showing her life and personality, through the narrative element, the costumes and, what is more important, the Julia Roberts’s play. These elements are going to be discussed in this movie, in terms of the way they impersonalize Erin Brockovich on the screen. ...

English 301B-21

Competition among children is a debate that has lingered for generations now. Some people argue that competition is good while others argue that competition is destructive. During competition, children in a contest or event like sports or a class contest apply their most favorable skills and knowledge to emerge as the best. There will always be a winner and a loser. However, losing does not necessarily mean not succeeding; but ideally can highlight their weaknesses and strengths. In many cases, competition creates fun, encourages children to give their best, and promotes healthy self-esteem; however, competition can also foster inequality, ...

Abstract

This is an advocacy letter on hormones in food. There is growing fear that presence of hormones in food can potentially cause harm in humans. Despite the continued reassurances from food manufacturers on the safety of the hormones in the food, consumers remain a worried lot. This has been occasioned by the food processing companies’ reluctance to publish the foods that have hormones. With hormone containing foods unlabeled, associations between the introduction of hormonal ingredients into the food supply and human illness present a difficult task to be systematically tested and causation conclusively established. This letter is targeted at ...

About the paper

Capital structure of the company represents the mix of debt and equity components used by an entity to finance its capital requirements. However, right from the beginning of the corporate era, the goal of the financial managers has always been the minimization of weighted average cost of capital and thereby maximizing the value of their entity. Ironically, the world of academicians is divided and postulates different opinion as under what conditions the WACC rate is minimized and how the additional funding affects the WACC rate of the company. While static trade-off theory stands as the most pragmatic theory relating ...

ANALYZE THE TROPE OF VIOLENCE IN ‘ANOTHER COUNTRY’

The story of an unsuccessful musician and his death is a knowingly violent one. The features of violence shape the general image of “Another Country”, revealing the deepest secrets of its characters and leading the plot to unexpected fields. The trope of violence, present in “Another Country” starts before Rufus’s death and is directly connected to him. As the story develops, violence starts to come out in other characters’ relationships. The violence, which takes place in Rufus’s life, is mainly focused around his affair with Leona and Eric. In fact, the origins of heterosexual relations are rooted ...

Analysis of the Case Between FBI and Apple

Description of the public policy IN contemporary society Apple plays the role of the major giant of the production of the mobile phones in the United States and in the world. Regardless the fact that Apple is a sustainable company, its status and performance were challenged by the dispute with FBI regarding the confidentiality. This problem was initiated in 2015 when FBI submitted the request to Apple with purpose to provide the secured information about the users of iPhones. The management of the company has dismissed this proposal based on the fact that Apple stands for the protection of ...

Third Party Payer Newsletters

Human life is a constant movement forward on the path of development. It is possible to say that life is a constant process of expanding new boundaries, achieving the best results, self-development and personal growth. And in this process, one of the dominant roles is played by the issue of the meaning of actions and deeds, which are made by people. The process of development could be observed in the organizational activity. To achieve the goals of the organization, management should ensure effective action among its personnel. To do this, it is necessary not only to provide a functional ...

The primary issue in this case is related to pending litigation of the company and increasing competition in the tobacco industry that is likely to erode the market share of the company.

Why is UST Inc. considering a leveraged recapitalization after such a long history of conservative debt policy?

UST is considering a leverage capitalization in order to benefit from the tax shield associated with the debt financing. The increase in value along with existing enterprise value will be distributed amongst lower number of shareholders. Moreover, considering the past performance of UST, the company has a high cash generative capacity of the company’s business. Evaluate the business risks of UST from the viewpoint of a ...

Vaccination for children

It is better to prevent it than to cure it. That is the advocacy of all the health organizations throughout the world. Vaccines are a type of weapon that can be used in order to shield oneself from the known diseases, and sometimes, with diseases that have yet to find remedy to them. A vaccine is a biological agent that is injected to our bodies in order to provide immunity to their corresponding ailment (WHO, n.d.). Nowadays, more and more diseases are discovered with the advancement of technology. However, not all are able to find the cure for all ...

Q1. An overview of the selected company (history, financial status, etc.) Chrysler is the recognized as the third largest Detroit’s auto firms around the globe. The invention of the Chrysler can be traced from the Maxwell Motor Company that was formed in 1913. In the early 1920s, the company faced financial constraints, and they sold their rights to Walter P. Chrysler. I think that Walter approach to revitalizing the company was unique, and this is the reason the company bounced back to reign the automobile market. Chrysler is presumed as the pioneer to convince the firms to manufacture ...

Alcohol drinking is a much debated subject in the medical world. While alcohol is generally considered to be have many negative effects, literature have begun to surface, proving that it has many advantageous effects as well. This paper aims to illustrate both the negative and positive effects of alcohol drinking. There is very strong evidence that alcohol, especially in the cases of heavy drinking, could cause one or many of the following diseases. These include several forms of cancer, most especially in the liver, pancreatitis and alcohol withdrawal syndrome, among others. It could also cause fetal brain damage when ...

In this paper there will be the analysis, comparison and contrasting of the Samurai and the Knight. Both of them used armors but they were designed differently. The knight’s armor was known as the plate armor that was made from iron and steel plates. This was a full suit of armor that enclosed the wearer from head to toe. On the other hand, the Japanese Samurai armor was different from that of the Knight in that it was not a full suit but it was made of small overlapping metal scales that were lacquered and tied together using ...

Abstract

The recent activity of PBOC (People’s Bank of China), the devaluation of Yuan with respect to dollar, is often seen as one of their strategic measures to boost the poorly performing export industry of China. Many international exporters from outside of China have been severely hit by this move as the costs of Chinese products declined tremendously. This incident is proves that international markets are always clouded by numerous risk factors such as the one mentioned above. But that should not be deterrent for businesses trying to venture into international trades. In most of these cases, speculative business ...

It is interesting to note that two heroes a thousand years apart can be so alike. It is their humanity that makes them real, it is their strength that makes them heroes, and it is their persona that makes them vulnerable. The audience that observes the hero seeks more than just a person who is victorious. Heroes are subject to the same human frailties as those who follow their exploits, but "a hero is someone who rises above his or her fears and limitations to achieve something extraordinary a hero embodies what we believe is best in ourselves" (Fingeroth ...

Competition among children is a debate that has lingered for generations now. Some people argue that competition is good while others argue that competition is destructive. During the competition, children either in a contest or event like sports or exam contest apply their most favorable skills and knowledge to emerge as the best. It results to a victor and loser. However, losing does not subject the loser to complete destruction; but ideally highlights their weakness. In most cases, it creates fun, encourages children to give their best, and promotes healthy self-esteem. While this is true, competition can also foster ...

Childhood obesity is a medical condition affecting adolescents and children. It typically occurs when a child is above the usual weight for his/her age and height. This type of obesity is predominantly troubling since the extra pounds regularly start children on the trail to health problems that were at one point confined to adults like hypertension, diabetes and high cholesterol. Childhood obesity can as likewise lead to reduced depression and self-esteem (Shield et al., 509-539). Childhood obesity has reached double standards in children. In adolescents, it is quadruple in the last 30 years. Children aged between 6-11years in the ...

Question 1

She can develop a financial plan for short term and long term duration that will act as a roadmap and a benchmark for performance evaluation.

She can develop financial recommendations based on deviance reports from financial projections.

Question 2 Debt financing increases the return on equity (ROE). From exhibit 9 it can be observed that the net income available for equity holders decreases as the Debt/Capital ratio increases. This is because interest expense is an allowable expenses for the purposes of taxation. Therefore, it offers a tax shield benefit reducing the amount of taxes paid the CPK and consequently, its profitability. Cost of Equity = Risk free rate + β (Market return – risk free ...

Free speech is deep rooted in U.S. history, culture and, not least, legislation. The U.S. Constitution, particularly First Amendment, establishes a firm case for freedom of speech. John Peter Zenger Case sets a legal precedent for freedom of expression, particularly against executive power. The freedom of speech established rights are, however, challenged, at least partially, during periods of major national crises (notably, wars) and, accordingly, "questionable" laws (e.g. Alien and Sedition Acts and USA Patriot Act) are passed (supposedly hurriedly) in order to impose order. U.S. media law is extensive and covers numerous areas including, for example, libel, privacy, ...

I am a Man

The title of the book written by Joe Starita, entitled I am a man, was inspired by the own words uttered by the main character of the book who is recognized as a hero without any superpowers. “I am a Man” is the great story of the Ponca Indian tribe Chief Standing Bear who longs for home and justice for his people that took place in 1877. The book narrated a brilliant history of the west that is somehow similar to the tragic event known as the “Trail of Tears” when the Cherokee nation were ...

Radiation exposure limits is the amount of ionizing radiation stipulated by legislation in which an individual may be exposed according to accepted values by the scientific agencies (ENS 4). There are stipulated amounts of exposure that are set for different types of persons. The exposure limit should be reduced in order to reduce the prevalence of medical effects on humans. There are two types of exposure that need to be reduced in order to guarantee health. The problem with exposure is that in a way, it tends to interact with the human physiological makeup. The two types of exposures ...

About the report

The report is commissioned to discuss the possible financing options for Outdoor Limited which is currently seeking external funding for expansion purpose and is also likely to face liquidity issues once three of its five investors, liquidate their holdings. Henceforth, each of the possible sources of funds will be evaluated considering the present situation of the company The second part of the report will be used to discuss the tools of foreign exchange risk management as the company is exposed to FX risk, citing an outward transaction as part of which it will be paying $2 million in six ...

Ice Breakers

Ice Breakers An icebreaker is an activity that is used to help people ease into a group setting. Some icebreakers involve a group while others are individual, others can be physical or purely mental.

The “Me Shield” is an activity based on the focus on strengths and self-acceptance among the group participants. It encourages them to examine their inner resources and boost their attitudes and behaviours while empowering them and increasing their confidence. The activity focuses on questions such as “Who am I?” and “What can I become?” (Erikson, 1968) and helps address the developmental crisis that adolescents develop ...

Section I.

According to the case, both Will and Jess are at a crossroad to make very difficult decisions individually. Will is supposed to give a correct report and position of his audit findings to his client, Minter Metroplex. Minter Metroplex has contracted Will’s firm for the assignment and are hopeful and trust that will they receive a true report reflecting their true financial records and position at the time of the audit. The report may probably be shared amongst Minter Metroplex top management team. On the other hand his feelings of attraction towards Jess pegged on their history of ...

WACC Calculation: Arrow Electronics Limited

Calculation of WACC WACC: Weight of short-term debt* Cost of ST debt(1-tax rate)+ Weight of long-term debt* Cost of LT debt(1-tax rate)+ Weight of equity* Cost of equity = 0.0019* 0.0274+ 0.2987* 0.0378+ 0.6994* 0.0707 = 6.085%

Calculative Notes:

i) Cost of debt: -Cost of Long-term debt

The cost of long-term bonds issued by the company has been calculated on the weighted average basis:

-Cost of Short term debt The information relating to the short-term debt of the company was available in Note-6 of the financial statement where we found that during the year the amount of short-term debt owed by the company amounts to $13.454 million. The company has also disclosed that short-term borrowings were used exclusively ...

The healthcare system has been undergoing transformation for the past two decades across technological, infrastructural, service provision, quality, safety and costs and research-based care techniques among other visible and hidden aspects. These changes have gradually led to a system that more than anything assures patients, families and communities of recovery, restoration and a high quality of life as well as prolonged lives as evident in the increasing population of senior citizens (Henriksen et al., 2008). Today, the aspect of patient-centered care has taken shape of how healthcare services are disseminated to patient groups. Within this perspective, the provision of ...

Documentary photography is often used as a synonym for photojournalism, and the documentarians are seen as a different species of the photographer. The idea of a film with a purpose and documentary character can be traced back to France (What Is Documentary Photography 2013). Documents were seen as a form of evidence to teach something or inform. However, even the most abstract photographic images carry an image. It is when a photograph is taken with the lens cap on to create a document of worth; one reaches an entirely different platform. Alfred Stieglitz and his photograph Steerage of 1907 ...

The Iliad is a lengthy poem that tells the events of the Trojan War. The Trojan War is a legendary war that pitted the Trojans against the Greeks (Janko and Kirk 1). The Iliad despite being a very long poem, has a basic structure. Achilles withdrew from the Trojan War after he had quarreled with chief Agamemnon over Briseis (Abel Media, n.p). Achilles was regarded the hero of the Greeks, and his premature withdrawal meant that the Trojans had a chance to defeat the Greeks. After Achilles had withdrawn, disaster befell his companions, and this did not sit well ...

Abstract

World War I was one of the worst modern warfare with regards to the amount of destruction it caused. Its impact was based on the use of advanced weapons able to cause massive damage, the involvement of a huge population in the war, huge investments, economic sabotage, and barbarity. Nevertheless, it helped to end the war, allow for negotiations, solve border conflicts, and establish the League of Nations to manage global peace. However, it failed to achieve permanent agreements and left different countries dissatisfied and ready to revenge on their adversaries. There was also antagonism between the negotiators due to ...

Most of the central banks in many countries have almost similar structure. However, the Federal Reserve System in the USA has a totally different structure. Federal Reserve System was created in 1913. The reasons as to why it has 12 Regional Federal Reserve Banks can be traced to the American political history .

Before the Federal Reserve System, there was fear in America, in the political arena, of centralized power. The Americans had a great resistance towards setting up of a central bank. They also had a high doubt on the moneyed interests upon which central banks were formed. This distrust had led ...

There are many cases of learners being attacked by people whether aware or not aware of the happening. Innocent children die especially in elementary schools where they are not able to defend themselves. Once at home, the parents are obligated to defend their children from any danger while the teachers are supposed to defend the children once they come into the schools. Therefore, when the students are attacked when they are under the care of the teachers, the teachers come under fire to give answers on the attack that happened to the students. The teachers have to answer these ...

- Introduction The Apollo missions were a series of space flights planned and implemented in the 1960’s and early 1970’s by the National Aeronautics and Space Administration (NASA) to achieve circumlunar flight and ultimately a moon landing. The vehicles used to achieve these goals comprised a Saturn V rocket as the launch vehicle, carrying atop the initially-combined Apollo Command and Service Module (CSM) and the Lunar Module (LM).

- The Obstacles The first and important obstacle was obtaining the necessary funding for the program. NASA’s budget estimate was originally circa $20 billion needed from government funding. ...

The history recognizes the Vikings as one of the greatest warriors with the most advanced and developed weapons, armor and methods of war. The reputation of the Vikings states that these were one of the most brave, strong, technical and dangerous and this reputation is obviously supported by the various historic facts about their weapons and warfare, which will be described in the next paragraphs.

First it should be stated that the Vikings were the true sea masters, as their fleet has become one of the most famous through all the years and ages. Their famous wooden longships, well-known for ...

This paper seeks to discuss about social memory and more particular childhood memories. Secondly, this paper will discuss the uses of childhood memory such as psychological interpretation. Lastly, this paper will discuss at length on the ways in which childhood and social memory influence of future well-being.

Human beings are complex beings. As people and what defines us is the diversity of the things that make us think in a certain way, those that make us do what we do and especially those that make believe certain things and live our lives in a certain way. We all were children at a ...

Ancient Rome was one of the greatest country and empire that have been ever existed in the history. Started as the small village in Italy it became the biggest and most powerful Empire of antiquity. Borders of the Roman Empire stretching from the deserts of Africa on the South to the Northern England and from Spain on the West to Euphrates on the East. However, it would be all impossible without Roman army, which conquered dozens of nations and brought a glory to Rome. Roman army was in war campaigns all the time. Thus, it was the most experienced army ...

Conklin, T. P. (2002). Health Care in the United States: An Evolving System. Info: Ann

Arbor, MI: MPublshing, University of Michigan Library, 7(1).

This article not only cover the changes that the health care system has endured over the years but also elucidates more on the future expectations that are perceived to take place in health care owing to the technological advances and the many specialized fields in healthcare that are perceived to develop in the near future. In this article, the motives and drive factors behind the changes in health care systems are well dealt with. As a research source, this article offers insights on the ...

Cooperative bank is one of the organizations in the world that operates ethically. It came up with an ethical policy, which covers all aspects of impersonal banking to include; business loans, deposits as well as treasury dealings. This policy has a wide coverage with areas such as human rights, ecological impact, social enterprise, international development and animal welfare. This bank is unique when compared to others in that its ethical policy is customer-led.

The bank is headed by the board of directors at the apex, and then followed by the chief executive officer; who is questionable by the board. Under ...

Minerals are classified by their chemical composition as Silicates, Phosphorites, carbonates, and halides are all major mineral groups.

Silicates contain silicon (Si) and oxygen (O), the two most abundant elements in the earth and comprise the majority of Earth's crust. They have a chemical formula SiO2. Common silicate minerals include olivine, pyroxene, amphibole, mica and quartz.

Phosphorites are sedimentary rocks of biochemical origin and are rich in phosphate with chemical formula PO4. They are mostly used as chemical fertilizers. They are also used as food preservatives, anti-corrosion agent and also in the field of metallurgy. Limestone and mudstone are common phosphate bearing rocks.Carbonates are the minerals mostly found in the Earth’s near surface crust. They have ...

The image chosen for analysis is the seal of the president of the United States of America. The seal of the president of the United States of America is an image not representing the individual holding the office of the presidency at any given time but a bigger representation of the institution of the presidency of the United States of America. The presidential seal is therefore a very important image to all American citizens. The following essay describes and discusses the seal of the president of the United States of America in detail. It discusses the relevance of this seal to ...

I.2 The cultivation analysis theory was developed by George Gerbener. This is a social theory that aims at the examination of long-term effects of television. According to Gerbener this theory is based on proposition that states that the more the time people spend on a television the more they are likely to be carried along to believe in the social message being portrayed in the television. Cultivation exposes people to misconception of the unreality in the world.

There are several elements that make this theory outstanding and reliable for significance in the media world. One of the elements that make it ...

Question 1

Financial managers play an important role in an organization. They are required to manage an organization’s financial activities in line with its underlying goals and objectives. Financial management activities aimed at increasing and organization’s profit shence contributing to subsequent growth of a firm. A firm’s investment in productive projects or in any production process has a great impact on the returns the shareholders will acquire. This comes in as a result of taking a safety investment which is certain of making profits to the firm. Earnings from the invested funds of such projects ensure that the shareholders are contented with ...

The question “why countries that do not have that much natural resources to boast of often appear more progressive and financially stable than countries that are staggeringly abundant in natural resources?” has been common among citizens of both resource-rich and non-resource-rich countries for a very long time. It is actually logical to think that a country rich in natural resources, especially the point-source and non-renewable ones such as oil, diamonds, and other ores, would outperform those that are less blessed because they already have an edge to begin with. However, according to Sachs & Warner (2001), the opposite happens. Sachs ...

Introduction

In order to understand the sculpture it is very important to understand the Mayan history. The Maya civilization can be considered to be among the classiest pre-Colombian Americas. The Maya region ranges from the southeastern Mexico to Guatemala. The Maya civilization has been claimed to have existed during the Pre-classic era (Sylvanus). During this era, that is when they were able to flourish and also be defeated. Their culture in the last decade has been influenced by the Mexican culture. The Mayan art is one of the most renowned in the world. This is the reason why the sculptures ...

Thames Tunnel: Travelling under the river

Recognized as engineering virtuoso, Isambard Kingdom Brunel is also acknowledged for his audacious plans and colossal structures that are critical parts in even today’s times. Brunel amalgamated innovation and immeasurable boldness of foresight in constructing his oft contentious “trophies.” Born to French and English parents, Brunel began his internship with his father on the building of London’s Thames Tunnel. Soon after, Brunel was designated as the projects’ resident engineer; aside from being the lead engineer, Brunel was also able to gain considerable knowledge and exposure on cement and brick structures that would serve him in his future ...

Question 1: Rivalries

Mao Zedong, Liu Shaoqi and Deng Xiaoping were all leaders in the Chinese government and the Chinese Communist Party (CCP). Prior to 1949 everyone generally followed Mao’s lead in setting policy. But Liu and Deng began to resist Mao’s ideas and power following the establishment of the People’s Republic of China. Whereas Mao believed that the CCP and government should remain focused on revolutionary agitation, public mobilization, collectivization and leadership appeal to advance the country; Liu and Deng believed that the country’s focus should be less on the personality of the leaders and revolution and ...

EXECUTIVE SUMMARY

Gary Allison was once a successful project engineer. However, these previous achievements were eroded with his appointment as the project manager for the Orion Shield Project. Nonetheless, Gary did many good things. For example, he tried his best to make the project successful. However, his failures were contributed by a multiplicity of factors. For example, while he received support from some of his team members, he was frustrated by the actions of other team members. Gary was expected to work successfully against the constraints common in every typical project that include time, cost, quality, and scope. He performed poorly in his ...

Undoubtedly, the low cost of borrowing and the tax shield provided by the debt sources makes it a lucrative option for the company, and even the eminent finance professors, Modigliani and Miller has postulated that cost of capital is minimized at 100% debt level. In their study, MM Proposition II (With Taxes), the professors proposed that the tax shield provided by the debt funding causes Weighted Average Cost of Capital (WACC) to decline as the leverage increases. Therefore, the value of the firm is minimized at the point where WACC is minimized, which is 100% debt. The figure below shows ...