Monday, May 25, 2020

Jane Eyre And Of Mice And Men - 2621 Words

Explore how women are presented in ‘Jane Eyre’ and ‘Of Mice and Men’ Brontà « and Steinbeck are arguably two of the most prominent writers in English literature, parted by a ninety year time span and a difference in pre occupations, which could be due to their difference in gender. Jane Eyre and Curley’s wife are two of most different characters but similarly both used drive the plot. Both characters struggle to fit into society; Jane is belittled by her Aunt Reed and being kept apart from the other children in the Reed household. Similarly Curley’s wife is looked down upon by the men on the ranch, where she is named a ‘tart’ and ‘rat trap’ she uses her physical appearance to get attention. Both texts show the inequality of society through isolation of the characters. ‘Of Mice and Men’ is set in the 1930’s where there was a patriarchal society. During the great Depression women were oppressed and treated less equally to the male population in America; they had near to no career opportunities, where viewed as being squeamish and unable to perform work requiring muscular or intellectual innovation and once married gave up their identity and became part of their man. During the great depression over thirteen million people were out of work, forcing men to leave their homes and search for new opportunities, mainly to California which was known as the Golden state, the land of opportunity. These men were called migrant workers they were people who moved from ranch to ranch to earnShow MoreRelated A Comparison of the Ideals of Bronte in Jane Eyre and Voltaire in Candide2672 Words   |  11 PagesThe Ideals of Bronte in Jane Eyre and Voltaire in Candide      Ã‚  Ã‚  Ã‚   Subjective novelists tend to use personal attitudes to shape their characters. Whether it be an interjection of opinion here, or an allusion to personal experience there, the beauty of a story lies in the clever disclosure of the authors personality. Charlotte Bronte and Voltaire are no exceptions. Their most notable leading characters, Jane Eyre and Candide, represent direct expressions of the respective authors emotions andRead MoreEssay Charlotte Brontes Jane Eyre as a Cinderella Story2469 Words   |  10 PagesCharlotte Brontes Jane Eyre as a Cinderella Story    Charlotte Bronte’s Jane Eyre can be characterized in many ways as a variation of Cinderella. There are several versions of this popular fairy--tale. At the time Bronte’s novel was published, the Grimms’ book of tales, which included Cinderella, was very popular. According to Sally Mitchell, The serious interest in folklore was spurred by the translation, in 1823, of the stories collected by Jacob and Wilhelm Grimm. A version of CinderellaRead MoreEssay Prompts4057 Words   |  17 Pagesauthor’s treatment of this question affects your understanding of the work as a whole. Avoid mere plot summary. You may select a work from the list below or another novel or play of comparable literary merit. Alias Grace Middlemarch All the King’s Men Moby-Dick Candide Obasan Death of a Salesman Oedipus Rex Doctor Faustus Orlando Don Quixote A portrait of the Artist as a Young Man A Gesture Life Rosencrantz andRead MoreHow To Write Literary Analysis4174 Words   |  17 Pagesthesis because it offers the writer’s personal opinion about the book. Yes, it’s arguable, but it’s not a claim that can be proved or supported with examples taken from the play itself. Surprising. â€Å"Both George and Lenny change a great deal in Of Mice and Men† is a weak thesis because it’s obvious. A strong thesis will argue for a reading of the text that is not immediately apparent. Specific. â€Å"Dr. Frankenstein’s monster tells us a lot about the human condition† is almost a really great thesis statementRead MoreStatement of Purpose23848 Words   |  96 Pagesalmost exclusively to male prescriptions for diet and behavior demands further discussion. Admittedly, on more than one occasion, my own extensive use and analysis of conduct books and various obstetric manuals, works composed primarily by educated men, caused me to pause and wonder whether it was best to relate a history about women s actions or the patriarchal apparatus under which those actions were oppressed. While I refuse to see women as simply passive receptacles of masculine command, I neither

Tuesday, May 19, 2020

Famous and Wise Quotes About Friendship

What more can you ask God for, if you have already been gifted a good friend? True friends are difficult to find. Friendship is a flower that needs to be nurtured. Over a period of time, friendship blossoms and makes your life fragrant with love and energy. And should you need a shoulder to lean on, friendship provides you with a strong one. Read these famous quotes about friendship and gain from the experience of the experienced. Euripedes Real friendship is shown in times of trouble; prosperity is full of friends. Marlene Dietrich It is the friends that you can call at 4 a.m. that matter. George Jean Nathan Love demands infinitely less than friendship. Mahatma GandhiIt is easy enough to be friendly to ones friends. But to befriend the one who regards himself as your enemy is the quintessence of true religion. The other is mere business. Pam Brown Odd how much it hurts when a friend moves away -- and leaves behind only silence. Aristotle Friendship is a single soul dwelling in two bodies. Proverb God save me from my friends -- I can protect myself from my enemies. Mark Twain The proper office of a friend is to side with you when you are in the wrong. Nearly anybody will side with you when you are in the right. Elbert Hubbard Your friend is the man who knows all about you, and still likes you. Nigerian Proverb Hold a true friend with both your hands. Anais NinEach friend represents a world in us, a world possibly not born until they arrive, and it is only by this meeting that a new world is born. Emily DickinsonMy friends are my estate. Leo BuscagliaA single rose can be my garden... a single friend, my world. Anne Morrow LindberghMen kick friendship around like a football but it doesnt seem to break. Women treat it like glass and it goes to pieces. David Tyson GentryTrue friendship comes when the silence between two people is comfortable. Aristotle My best friend is the man who in wishing me well wishes it for my sake. C. S. LewisFriendship is born at that moment when one person says to another, What! You too? I thought I was the only one. Albert Camus How can sincerity be a condition of friendship? A taste for truth at any cost is a passion which spares nothing.

Friday, May 15, 2020

Taking a Look at Euclids Life Essay - 576 Words

Euclid was born around 365 B.C; his birthplace was in Alexandria, Egypt. Euclid died around 275 B.C., he died in Alexandria Egypt. His death was unspecified. The city of his birth place is a mystery. Medieval authors often called him Euclid of Megara. They often confused him with an earlier philosopher Eucleides of Megara, who was an associate of Socrates and Plato. When Euclid arrived at the Academy School, Plato and the first generation of his students had already died. The Academy was the outstanding mathematical school of the time. He traveled to Alexandria and was appointed to the faculty of the Museum. Ptolemy Soter ruled Egypt from 323 to 283. Ptolemy was boyhood friend of Euclid. Then lieutenant of Alexander the Great, Alexander†¦show more content†¦Euclid wrote one of the most famous books that is still used today. This was not the first time that people wrote about mathematics. Many other people developed some of the theories he presented. Euclid was the first pers on to write a complete review of all geometry. Euclid is also famous for his theories on other parts of life. Today we understand Ancient Greek culture as classical. Euclid was in Greek culture at the time as a scholar. Books 7, 8, and 9 introduce the reader to arithmetic and the theory of rational numbers. Book 10 is the difficult subject of irrational numbers. The remaining three books are about elementary solid geometry. It should be noted that the elements discuss several problems, which then turns into algebra. But Euclid treats algebra in geometric terms. Euclid showed development of a new proof for the Pythagorean Theorem, the theory that only one parallel to a line can be drawn through any point. Modern mathematicians have maintained that no proof is possible; Euclid may be excused for not providing one. Spherical geometry is represented by the Phainomena, which is astronomical text based in part on a work of Autolycus of Pitane, a slightly older contemporary. Euclid wrote o n music, there is no other ancient work of science; it needs a little revision to make it current. Other Hellenistic mathematicians such as, Hero, Pappus, Simplicius, and most important Proclus helped out on the Elements just like Euclid. Euclid was alsoShow MoreRelatedPresident John F. Kennedy975 Words   |  4 PagesIn the words of President John F. Kennedy,† Change is the law of life. And those who look only to the past or present are certain to miss the future†. (John F. Kennedy) JFK was a president during a tense time in American History. The Civil Rights movement during the 1960’s questioned the status quo. This motivated change that influences many decisions we have today. The relevancy of truth and what is certain ascertains our duty as a citizen of the United States. As a citizen, it is our job to discernRead More Independence and the Development of the American Identity and Mathematics in the Ninteenth Century5631 Words   |  23 Pagesagainst the swar ming hordes proved ineffectual. The sting of these little insects is fairly poisonous, and cause men and horses to roll, and fret, and pitch, and kick, and groan all night. Our horses are almost as poor as skeletons, and our own faces look like the last run of the measles. (Armstrong, p.176) Mosquitoes were not only annoying, but they brought diseases such as malaria. Wagon rides were also a challenge. One traveler describes a 21 mile trip on Thompsons dead axle wagon saying, MyRead MoreMathematical Connection Project1749 Words   |  7 Pagespart of what we have now in our daily lives; things like cars, register machines, calculators and most importantly, computers. Without the mathematicians of the past all this would have taken many more years instead these geniuses have made our life, today easier than it was for them. Whether one is buying a house, following a recipe, or planning for grocery shopping, all these activities require the use of math principals. People have been using these same principals for thousands of yearsRead More Archimedes of Syracuse Essay3397 Words   |  14 Pagesdestruction that were used for warfare. The people of his day were more interested in practical purposes rather than their physical or mathematical implications. As told in a book concerning Greek history Archimedes emerged as a figure larger than life in the popular imagination, legendary for the seeming miracles he performed through his mechanical inventions (Brunschwig, 544). Aside from the creation of these weapons Archimedes achieved many advances in the various fields in which he was involvedRead MoreManagement Challenges for the 21st Century.Pdf60639 Words   |  243 PagesLEADERSHIP, of CREATIVITY, of TEAMWORK, of TECHNOLOGY in a book on MANAGEMENT CHALLENGES? Where are the â€Å"HOT† ISSUES OF TODAY? But this is the very reason why they are not in this book. It deals exclusively with TOMORROW’S â€Å"Hot† Issues—the crucial, central, life-and-death issues that are certain to be the major challenges of tomorrow. CERTAIN? Yes. For this is not a book of PREDICTIONS, not a book about the FUTURE. The challenges and issues discussed in it are already with us in every one of the developed

Wednesday, May 6, 2020

The Promise of Sociology by C. Wright Mills - 875 Words

According to C. Wright Mills, what occurs in any one individual s life is interrelated with society as a whole. The sociological imagination gives us the ability to understand the correlation of one s biography, history, and traditions along with the knowledge of the social and historical impact and/or influence society may have on that person or group of people. Mills notion compels us to investigate into an individual s biography and lifestyles, and place their findings within the surrounding circumstances in which events occur in order to perceive the whole picture of the society in which the individual lives. Mills says to understand this imagination would be to see the connection between personal troubles and public†¦show more content†¦The impact of the media, today s awareness of the violent natures of other families, gangs, countries, etc., the wars and their violent practices. All these and more are factors can be considered and no doubt are factors which relate to the violent natures of people in theirShow MoreRelatedCharles Wright Mills And The American Sociological Review Essay934 Words   |  4 PagesC.Wright Mills or Charles Wright Mills was born on August 28, 1916 in Texas. He attended the University of Texas where he got his bachelor s degree in 1939. Before even graduating, Mills had already been published in the two leading sociology journals in the United States, the American Journal of Sociology and the American Sociological Review. After his bachelors degree, he pursued his Ph.D at the University of Wisconsin in 1941. During his time in Wisconsin, he met his wi fe, Dorothy Helen SmithRead MoreThe Sociological Imagination Essay examples1118 Words   |  5 PagesSociological Imagination in 1959, C. Wright Mills was brought up in a society far more different and archaic than the idea of contemporary society today. The ideals that were imparted to him during his lifetime provided a framework to the ideals that are imparted to people today; however, like all incarnations, processes and ideas adapted to situate themselves into the transitioning threads of society. Through his elaboration on the sociological imagination, C. Wright Mills portrays the plight of the averageRead MoreThe Sociological Imagination By C. Wright Mills1315 Words   |  6 Pagestwo within society. This is its task and its promise.† C. Wright Mills writes about the sociological imagination in an attempt to have society become aware of the relationship between one’s personal experience in comparison to the wider society. By employing the sociological imagina tion into the real world, individuals are forced to perceive, from a neutral position, social structures that, in turn, influence behavior, attitudes, and culture. Mills just wants the world to be able to see the connectionRead MoreSociological Imagination s Critical Review1319 Words   |  6 Pagestwo within society. This is its task and its promise.† C. Wright Mills writes about the sociological imagination in an attempt to have society become aware of the relationship between one’s personal experience in comparison to the wider society. By employing the sociological imagination into the real world, individuals are forced to perceive, from a neutral position, social structures that, in turn, influence behavior, attitudes, and culture. Mills just wants the world to be able to see the connectionRead MoreSociological Imagination636 Words   |  3 Pagesgeneral perspective helps them realize they are not alone and these are daily problems everyone faces. Sociologist C. Wright Mills quotes â€Å"The sociological imagination enables its possessor to understand the larger historical scene in terms of its meaning for the inner life and the external career of a variety of individuals.† (Chap 1 pg2). C. Wright Mills presumes the Sociological imagination was a helpful way for people to allay their suffering by looking at their problems as if theyRead MoreOur Perceptions Of Society Can Be Divided Into Two Opposing Frames Of Reference924 Words   |  4 Pagesconcepts of personal and social forces is the ability to use social imagination. Coined by sociologist C. Wright Mills, social imagination allows individuals to understand experiences and gauge their fate by becoming aware of their environment (Mills 2). It goes beyond a simple individualistic perspective to the viewpoints of history and other social disciplines. In class reading, The Promise by Wright Mills, it describes that social awareness can create an entrappe d notion, limiting people’s ambitionsRead MoreWhat Can We Do? Becoming Part Of The Solution1619 Words   |  7 Pagesby a well-known sociologist, C. Wright Mills, in 1959. In Mills article, The Promise, indicates that, The sociological imagination enables its possessor to understand the larger historical scene in terms of its meaning for the inner life and the external career of a variety of individuals(Mills, 3). Sociological imagination helps individuals to contemplate their own troubles in a deeper level and view their daily routines in an entirely new perspective. Sociology imagination has also helpedRead MoreResponse Paper : The Promise1008 Words   |  5 PagesResponse Paper The Promise Have you ever wondered why people do some of the things that they do? Is it their own thought process or is it a direct result of how society plays a role in our lives? The majority of us tend to think that a person does something for the reasons of the individuals own reasons or purpose. Many of us don’t stop to think about the bigger picture of what can have an influence on the individual’s purposes or reasons of their actions. The fact of the matter is that for theRead MoreSociological Perspective On Understanding Human Society915 Words   |  4 Pageswhere as sociological view looks at what actually is. In 1959 sociologist C. Wright Mills published the sociological imagination a book which allows us to grasp history and biography and the relations between the two within society. That is its task and promise says mills. The book discusses the important aspects of sociological study and is highly praised in the sociology world as an inspiration and guide. Wright mill s suggest all sociologists must ask 3 crucial questions when studying societyRead MoreSociological Imagination Summary1307 Words   |  6 PagesAns: In the book â€Å"The Sociological Imagination†, the author C. Wright Mills begins by describing the perilous situation of the American man during the 1950s. He describes they situation as one of internment and frailty. Mills sees men as restricted by the routines of their daily lives. They go to their jobs and become workers, they go home and are family men. The American men of the 1950s were in a state of powerlessness due to the effects of World War Two and the looming threat of nuclear warfare

Vaccination Informed Parental Choice Vaccination Essay

Vaccination†¦Informed Parental Choice The recent measles outbreak occurring at Disneyland in December 2014 became widespread news and rekindled an ongoing debate of childhood vaccination. According to the Centers for Disease Control and Prevention (CDC), which is the United States government agency responsible for the protection of Americans from health threats, there were 159 incidents of measles arising from this outbreak (â€Å"Morbidity and Mortality† 373). Considering this outbreak, it is not unexpected that the role of vaccination would come to the forefront. The CDC presently advocates 29 vaccinations for children from birth through the age of six years old (â€Å"2016 Recommended Immunizations† 1). However, each state respectively establishes the laws for vaccination and corresponding vaccine medical, religious, and philosophical exemptions. For comparison purposes, in the early 1970’s, only three vaccinations were recommended (The Merck Manual 1462). This growth is a 314% surge in the number of vaccinations encouraged by the CDC. Thus, the subject of vaccinations and corresponding exemptions is contentious, divisive, and widely debated. Indeed, some believe that childhood vaccinations should be mandatory in order to protect every individual from preventable diseases (Gostin 1100). Instead, vaccination should be an informed parental choice, not mandated by the federal government, because vaccine safety is questionable, diseases being vaccinated against have fundamentallyShow MoreRelatedChildhood Vaccinations Should Be Mandatory Essay1607 Words   |  7 Pagesrekindled an ongoing debate of childhood vaccination. According to the Centers for Disease Control and Prevention (CDC), which is the United States government agency responsible for the protection of Americans from health threats, there were 159 measles incidents arising from this occurrence (â€Å"Measles† 373). Considering this outbreak, it is not unexpected that the role of vaccination would come to the f orefront. The CDC is presently advocating 29 vaccinations for children through the age of six yearsRead MoreVaccinations Persuasive Essay1538 Words   |  7 PagesThe introduction of vaccinations has been a controversial issue in both developed and developing nations around the world. Despite the benefits of immunizations, some parents refuse to vaccinate their children, which has caused healthcare providers to implement vaccination mandates and intense educational sessions. Is there a middle ground between ensuring the safety of children and preserving parental choice? How can we implement effective methods of communication between vaccine-hesitant parentsRead MoreThe Issue Of Medical Safety, Or Religious Observance2347 Words   |  10 Pageschildhood vaccines, the difference between parental right of choice and the best interests of the child. It will further discuss how the harm principle with public knowledge on immunizations can provide a strong base for parents to make infor med decisions regarding vaccinations. Under Canadian law, vaccinations are not considered compulsory due to the Canadian constitution. For reasons that a parents right to fully informed consent and their right to refuse vaccinations is guaranteed by the ConstitutionalRead MoreChildhood Immunizations And Universal Vaccination1371 Words   |  6 PagesImmunizations and Universal Vaccination in the U.S. Brianna D. Lumpp Kennesaw State University WellStar School of Nursing Nursing 3302: Professionalism and Ethics in Nursing Spring 2015 November 10, 2015 Childhood Immunizations and Universal Vaccination in the U.S. For years, universal childhood vaccinations have been a deliberated and debated topic among much of the population. Those who are in support of vaccination, including healthcare providers, believe that vaccinations are not only inRead MoreThe Benefits And Drawbacks Of Total Immunization1634 Words   |  7 PagesAuditing The Benefits And Drawbacks of Total Immunization On April 16, 1850, many people were relieved to know that the polio vaccination became required in all US schools. At this time, doctors and medical researchers did not think that now requiring one vaccine would create such a ripple affect, as well as so much controversy. Now, in the twentyfirst century, vaccinations are one of the medical fields strongest defenders of health and have created the ability for the body to become immune to virusesRead MoreParental Vaccination Compliance Is More Prevalent Than Ever Before Essay2093 Words   |  9 PagesThe controversy surrounding parental vaccination compliance is more prevalent than ever before, and the and these changes yield powerful implications for non-vaccinators and vaccine-compliant parties alike. Although compliance and adherence to health and safety guidelines may wax and wane with changing times, there is sufficient evidence to support the claim that vaccines provide unparalleled protection from preventable and potentially fatal diseases, and failure of even a few to comply with recommendedRead MoreVaccinations Are Safe And They Work1686 Words   |  7 PagesVaccinate Vaccinations are safe and they work. There are many parents who choose for their own reasons to ignore Centers for Disease Control and Prevention (CDC) recommendations to vaccinate and exercise their right to not do so. They run the risk of having their child suffer or even possibly die when they opt-out to having their child vaccinated. Today in the United States, outbreaks of vaccine-preventable disease are often traced to susceptible children whose parents have claimed an exemption fromRead MoreVaccination Is The Most Common Means Of Preventing Childhood Infectious Diseases?1661 Words   |  7 PagesHistory of vaccinations Vaccinations are the most common means of preventing childhood infectious diseases. The term vaccination is derived from Variolae vaccinae (smallpox of the cow), the term originally devised by Edward Jenner to denote cowpox. He used it in 1798 when he described the protective effect of cowpox against smallpox 1. In 1881, Louis Pasteur suggested that the term vaccination should be extended to denote the newer preparations that were being developed at that time 2. Louis PasteurRead MoreA Child Is A Parent s Most Prized Possession1619 Words   |  7 Pagesthey could to keep them healthy and safe. But now there’s controversy arising over vaccinations that are required for your child. There are several concerns parents are facing over childhood immunizations and whether it should be mandatory for a child to have to receive all of them. With that, it’s causing more and more parents to be skeptical over vaccinations which is leading them to refuse or delay vaccinations for th eir child. This may be causing more risks for a child and for society as a wholeRead MoreThe Pros And Cons Of Vaccinations1465 Words   |  6 Pagesgeneral public healthy. Vaccinations have always been a topic of contention in regards to younger children, but have been a staple of health for older adults. In fact, college requirements for vaccinations are mandatory, and failure to get the proper vaccines before college starts could result in holds on college students’ accounts or delays in registering for classes. For some students the vaccines are simple to procure, but for others the concept of required vaccinations serve as a real barrier

Travelling as a Way of Life My Experience

Question: Discuss about theTravelling as a Way of Life for My Experience. Answer: Introduction Travelling is my passion and it is my enjoyment along with a mode of learning, which can never be done with help of a book. The experience I have gained by visiting different countries and the change of my traditional Arab outlook is benefit that I revel in every time any one mention that I do not act like a person my age. I always tell them I have seen too much of the world to remain ignorant. At the age of 18 I have travelled in almost thirty European countries. Although my trips were short, but the time was enough to get a brief taste of the culture and feelings of the different places. My experience at travel started from my parents, who took me to visit some European countries on vacations over the years. Since then I have travelled to many countries and the thirst or travel is not satiated in the least. Description I have travelled to many countries since my education in the UK started and my application for Schengen visa was approved. This allowed for me to travel to many European countries on a low budget on weekends, which was made possible because of my low academic workload in the first year of my study. This was mostly done on weekends during my first year but the first taste from travel came from my parents. I visited France, Italy, Turkey and Lebanon while I was younger with my parents, which were some of the more conventional destinations in Europe. The countries that I visited were more unconventional vacation destinations. I reduced the cost of stays by visiting the houses of my friends and acquaintances. But this did not reduce the experience in the least and I am thankful for the people who provided me with shelter when I was too short on budget to avail the trips, which were too important for me. My parents were as usual worried about my bizarre hobby and tried to dissuade me because of the safety concerns. However, when they realised how serious I was about visiting many countries in the world and my passion for travelling, they relented but made me promise to be careful and use the services of reputed travelling agencies for arranging my trips. It was these initial expeditions into the other countries that made me realise the vastness of boundaries of the world. The realization made me think that how limited my knowledge would be if I achieved my degree in Egypt. This led to my decision of getting my degree from abroad, where I would be able to learn about the culture of a different country for an extended period of time. The rich historical and political significance of UK in the Europe helped me decide on my choice and the many reputed universities of the country helped me understand that was no better location for getting my degree. Travelling is an addiction in itself, as the thirst for the differentness of the experience of the different countries is never satiated with one taste. Although for someone my age my weekend jaunts in foreign countries might make it seem like an achievement but for me it is just preparation as I have full intention of visiting those countries again for longer periods of time. All of my visited countries are on Eurasia but I have plans for visiting other continents like the South America and Australia in future. The countries I have travelled to are Macedonia, Serbia and Kazakhstan which are far from the beaten path of other travellers. These trips not only satiated curiosity and knowledge but also helped me realise the position of my own culture and its uniqueness of our own customs. This insight into other cultures and their practices ahs made me more tolerant about their individuality which broadened my horizons and gave me an outlook into the world that few can gain (Yokoyama, 2008). The travelling no doubt has many benefit but the achieving of these qualities are not the reason I travel. The travelling is a reward in itself as it soothes the mind and gives one a chance to explore the boundaries of their common environment (Burns and Chrisp, 1995). The times when I was travelling with my parents they were into shopping and only visiting known points of attraction but this is not how I wanted to travel. Now when I travel by myself I avoid common tourist destinations and go into the areas where the common people can be observed in their daily lives (Bitesnich, 2001). The tourist destinations are often too full of a facade of attraction that a good idea of the country and the culture cannot be attained. This habit is one of the most difficult for me to attain and I take every opportunity to indulge. One of the examples is the pre-organized trips of the sports teams of the university. I often go with them to be able to visit new places. I plan on travelling the world some day and I hope to get the opportunity to travel to different places in my professional life. Conclusion It is evident from the paper that travelling is not just a hobby to pass my time and it is also clear that it is one of the most important facets of my character. This desire to travel is inborn and I benefit from this habit greatly. The knowledge that can be gained by experience cannot be compared with bookish knowledge and this method of learning seems to suit me well. Even when I travel with fellow students of the university I get a lot of questions from border control but there is no barrier that can stop this wanderlust from driving me to new and different locations every opportunity I get. However, most important is the realization I came to after travelling so much is that the travelling is not just places but the people are what interests me. I certainly hope the passion for travelling is a permanent affliction and it never leaves me during my lifetime. References Bitesnich, A. (2001).Travel. Kempen, Germany: TeNeues. Burns, P. and Chrisp, P. (1995).Travel. New York: Thomson Learning. Yokoyama, Y. (2008).Travel. Brooklyn, NY: PictureBox.

Tuesday, May 5, 2020

Damodaran on Valuation Security Analysis Investment

Question: Discuss about the Damodaran on Valuation for Security Analysis Investment. Answer: Introduction This report provides information related to the capital budgeting techniques used by the organization to derive financial information. It includes tool like Net Present value, Tree analysis, internal rate of return, profitability of index, accounting rate of return, average rate of return etc. Capital budgeting tools help in determining the organizations long term investments like purchase of a new plant, research and development projects etc are worth funding through adopting an appropriate capital structure. The major motive of capital budgeting technique is to increase value for the shareholders on a long run. This report determines the sensitivity and scenario analysis of a company while making corporate decision. This technique doesnt provide any such guarantee regarding the investments but provides an expected value through different models to describe future portfolios. The financial manager in an organization has to use his acumen skills to determine portfolio structure. The decision related to the future portfolio need to be in consistency with organizational goals (Ferran and Ho. 2014). Corporate Decision making Corporate decision making are set of instructions given in order to achieve organizational objective. This is one of the most important decisions to work consistently in order to achieve targets. Corporate decision making is important for the goodwill of the organization to attain objectives by implementing the most appropriate plan. Corporate decision making is an efficient way to decide the future of an organization while considering all the variable factors associates with it (McKinsey company. 2009).Both Sensitivity and scenario analysis helps in making financial decision making in order to achieve sustainable result. Sensitivity analysis This model helps in analyzing the variation in the input of a particular model with the change in the situation. The sensitivity analysis is used to measure both quantitative and qualitative terms. The model helps analyzing the variation in the input arising due to uncertainity. This helps in ensuring the quality and reliability of the project. The sensitivity model is also used to know similarities in between the applied model and the process, for analyzing the variation in the factor input and interaction in between the factors. It helps in analyzing the risk associated with a project, financial implementation of the factor inputs affecting the project. This analysis is easy to utilize and to communicate among the stakeholders (Ehrhardt and Brigham.2016). Moreover this analytical tool helps in undertaking better decision in order to achieve breakeven point and cash flow analysis. Capital budgeting in sensitivity analysis gives a clear view about the project. Sensitive analysis chan ges one assumption to other in order to understand the effect on outcome. It helps in giving an estimate about the effect of project in case assumptions are unreliable. Sensitive analysis is highly used in Capital budgeting and provide information about the risk analysis, break even analysis and cash flow. Moreover it has become important for an organization to analyze variable costing associated with it. A small change can affect the NPV which will affect long term budgeting decision (Damodaran.2016). Scenario analysis This analytical tool is used to understand the change in possible outcomes with respect to other alternate. Scenario analysis helps in estimating the expected value of the portfolio after a particular time period considering specific changes in the value of the portfolio. It is used to make estimation to a portfolio value in response of an unfavorable event. The analytical tool involves computing down different type of reinvestment. Scenario analysis provides with a process to make an estimate shift in the value of a portfolio which depend upon the occurrence of the situation. Moreover the technique is used to examine the amount of risk related to a given investment(Wilson.2016). The investor can understand whether the level of risk falls within the comfort zone. The NPV analysis is used in capital budgeting to estimate level of risk associated with it. There are two types of case scenario: best case scenario and worst case scenario. Best case scenario is one that meets out the expec tations whereas worst case scenario is one that does not meet the expectation. This whole process is not reliable as in case of best case scenario in order to meet the cash flow revenue needs to be generated and cost need to be reduced. This whole process will increase the sale (Gatti.2013) While in case of worst case scenario the overall cash flow is less due to the risk associated with the project. Scenario analysis includes multiple scenarios while assuming in between economic and variable assets. This analysis is highly recommended to measure both qualitative and quantitative result (Cornelissen. 2014). Sensitivity analysis vs. Scenario Analysis Sensitivity analysis I s created in order to understand the impact of the variable range on the given outcome. It is based on the variables that impacting valuation used to depict financial models. It isolates the variables and records the range of possible outcomes. Scenario analysis on the other hand is based on different scenario where an analyst determines a particular scenario like a market crash or change in regulatory framework. The analyst changes the scenario as per the situation and aligns the model accordingly. This particular model is comprehensive and provides extreme result after understanding the situation (Berk, DeMarzo, Harford, Ford, Mollica and Finch.2013). Conclusion Corporate decision making includes various techniques that help in achieving sustainable growth. The report lays down the techniques to ascertain sensitivity analysis and scenario analysis in corporate decision making. Risk and return analysis should be viewed while considering the future returns. Capital budgeting effectively uses more than one technique as per the situation in order to ascertain the result. Sensitivity analysis analyzes the variation in the input of a particular model with the change in the situation whereas scenario analysis is used to understand the change in possible outcomes with respect to other alternate. The implication of both the tools varies from situation to situation like current market situation etc. These tools consider the variable factors while considering the overall output. The report provides a brief difference in between two techniques while considering desired result. 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