The Value of Bar Mitzvah Essay -- Bar Mitzvah Speech

This is a Torah portion that I feel represented my values as a whole. The portion is a part of the Parsha Ha-Shavuah which centers on the story of Sarah (Abrahams wife) having a baby at a very old age, and the details around that. Included in the part that I’m reading, theres emphasis that you should be generally hospitable towards others, and that families don’t always follow â€Å"Traditional† patterns. Now, let me explain my values and how they fit into that Parsha: Humor- Humor is important to me because it helps me keep a fresh, clear outlook on life and just generally brightens someone's day- or my day- in general. Also there's that old stereotype that â€Å"Jews have so much to joke about they can't stop.† So why not just keep making jokes about everything!? It certainly helped us get through some of the hardships that our ancestors had, and in my experience, humor can make any situation better. Family- To me, family is the same things as Community; another value that plays at least a small part in my life. Community is family and Family is Community. I think of the Duke Lemur Center as a community of people who all love doing the same thing, but at the same time I like to think of it as a family as well. There’s also the more traditional sense of family that we all know about. Moms, Dads, Grandparents, Aunts, Uncles, Cousins, and other extended family members. Loyalty- I chose loyalty for a few reasons, but mostly the first thing I thought when I saw this was: Wouldn't it be ironic to choose â€Å"Loyalty† as a value, but then not stay loyal to your values and choice of values? The whole thing about loyalty- to people and things – Is keeping the belief or whatever faith you had in that thing or person and sticking to ... ...ence, and the editorial work my Dad helped me do on this (and almost everything I write today), because boy do I need it! I’d also like to thank My Uncle for the hard work he’s put into leading the whole thing, and being a generally awesome uncle. Lastly, I’d like to fully thank Ira for all the hard work he put into helping me make this whole process manageable. Arranging the meetings, giving me guidance and nudges towards the right direction, and being the guy who I can ask questions of and get a straight answer from. So, Ira, thank you so much! Obviously I am very grateful, and I hope we can continue to get to know each other even when this is done. What this experience has meant to me/done for me...why it was worth all the effort I put into it. Works Cited Marx, Harpo. 1961. Harpo speaks! [New York]: B. Geis Associates; distributed by Random House.

Facebook, Strategic Management Analysis

An environmental scanning refers to the process that systematically uses information about trends, patterns and relationships within an organization’s internal and external environment to determine the future direction of the organization. Through an understanding of the nature and speed of changes in that particular environment, an environmental scan is likely to help identify possible ventures, challenges, and developments that are important to the organization. An organization that could benefit tremendously from strategic planning and especially environmental scanning is Facebook. Facebook is a social network organization that is considered the largest online network in the world (Piskorski, Eisenmann, and Smith, 2013). According to these researchers Facebook reported $1 billion profit in revenue, with 85% of this revenue coming from advertising. However since we are living in an era where technology is constantly upgrading and competition is fierce, it is vital that the managers of Facebook stay abreast of the competition by conducting environmental scanning to determine the trend and weaknesses of the organization to prevent strategic surprises. As competition increases in a particular industry, changes become swifter in the external environment; consequently, information from the external environment contributes important elements to the effectiveness of the long-term plans. In an external analysis of Facebook, three correlated environments are relevant: Natural Physical Environment According to Wheelen and Hunger (2012) the natural environment includes physical resources, wildlife, and climate that are a fundamental part of life on earth. It is obvious that in recent years the regularity and severity of storms, tornados, hurricanes, and other extreme weather events have increased in the United States and worldwide, and this trend is likely to continue. Pine (2011) informed us that increase in natural hazards and the rising of sea-level are expected along the coastal areas, therefore it is necessary to understand the nature of coastal natural, social, and economic environments and their interactions in guaranteeing a sustainable future. In the case of Facebook, extreme weather events could result in loss of Internet service, breakdown in telecommunication infrastructure, lifestyle changes, and regional shift in population. Although the loss of Internet service and breakdown in telecommunication infrastructure due to inclement weather may be perceived as threats to the organization; lifestyle changes and regional shift in population may reveal opportunities for Facebook. A scan of the external environment may lead to the creating of more modern system that is in-tune with the needs of the population. With the movement of people, Facebook media may be used to locate missing relatives and friends. A shift in population could result in an increase in the younger more tech-savy generation who view Facebook as a way of keeping in touch with others. Since mobile phone reception system may experience overcrowding during this time, Facebook could capitalize on this situation to use its â€Å"friends and family† network to keep others informed of storms and inclement weather events. Through an environmental scan, the managers may realize that planning is needed to extend their network to accommodate the movement of the population. A scan may also reveal weaknesses in infrastructure that could be modified ahead of weather-related crises to minimize the length of time consumers are out of service where weather situations are predicted but cannot be prevented. Although these factors may present threats to the stability of the organization, there are areas that may be presented as opportunities. Societal Environment The societal environment according to Wheelen and Hunger (2012) is the social system of human that makes up those general forces that do not directly affect the short-term activities of the organization, but can, and frequently do influence its long-term decision. Wheelen et al. (2012) mentioned that the number of possible strategic factors is very high because each country can be represented by its own exclusive sets of societal forces. Some well-known strategic forces includes: economic forces, sociocultural forces, and political-legal forces. 1 The Economic Forces. The Economic Forces of the environment alludes to the combination of economic systems of the country, the structural framework of economic policies of the government and the organization of the capital market, the type of endowment, business cycles, and the socio-economic infrastructure of the organization. A drift in the economic area can have effect on social media like Facebook. For example, in 2011 Facebook reported $1 billion profit with 85% coming from advertisement. A weak economy will lead to less sales and subsequently advertising. Equally, a drop in interest rate will mean sales of electronic products and services. The economic development of countries like Brazil, Russia, India, and China is having huge effect on the rest of the world, especially in areas of computer software and telecommunications. An increase in income will also likely to lead to an increase in spending for electronic products and investments in social media services. These factors should present opportunities for Facebook. 2 Sociocultural Forces Sociocultural forces encompass a number of variables such as demographic trends. In the United States, the demographic bulge known as the â€Å"baby boomers† has affected the demands of the market in many industries. This group of people according to Wheelen et al. is now in their 50s and 60s but is the largest group in all developed countries. Wheelen et al. contended that sociological variables such as customs and conventions, cost, cultural heritage, and movement of labor have severe effects on the business. The nature of goods and services is determined by the demand of the people which in turn affect the way the business operates. In the case of Facebook, several transformations are needed to attract the baby boomers who are the largest users of advertisements on the web. Since senior are normally worried about their privacy and security, it is important that Facebook institute an environmental scan that ensure the preservation of privacy of senior Facebook page, the failure of which would be a severe threat to the stability of the company. The desire for companionship with baby boomers whose children have already grown and have left the nest have increased so Facebook could provide the type of interaction some of these seniors need. However, there is the need to make the sire more attractive and senior-friendly by step-by-step tutorial for setting up a page and navigating the network. In addition, remembering passwords have become a tremendous burden for some members of the baby boom generation. In order to continue a viable operation, Facebook should institute a system that helps baby boomers to log on to their page by correctly answering a series of questions. This system would present opportunities for the company. 3 Political-Legal Forces According to Wheelen et al. (2012) the political-legal forces are the forces that distribute power and provide constraining and protecting laws and regulations. It may also include the decision made by the courts. The political environment of a country is swayed by the philosophy of political parties, ideology of government or the ruling party; stability of the political system, foreign policy, Defense and military policy, and the image the country and its leaders project outside the country. Some of the more well-known political-legal variables include, antitrust regulation, environmental protection laws, immigration laws, tax laws, Foreign sweat shops, foreign trade regulation and stability of the government. Trends in the political-legal area have important business repercussions, not only on the level of competition within the industry but also on which strategies might be successful. Many business leaders think that there are too much stringent regulations governing businesses in order to conform to society’s environmental concerns. On the other hand, many businesses would like to see more aggressive approach to enforcing anti-trust laws. A number of research and environmental scanning has been done by Facebook to explore the dynamics of its network. An online article by Weigel (2012) described Facebook as a vehicle for organizing and expressing dissent, and one that has been proven to be an effective tool in many protests, causes, uprisings, and conflicts, but they also lead to the possibility of monitoring by the government and exposing activists to surveillance and punishment. According to Streitfeld and Hardy (2013) the Internet was established as a tool of liberation and knowledge but recently a bleak vision emerged when it was revealed that the United States government is using it as a monitoring and tracking device. In addition, threats by Federal Reserve Commission to impose greater supervision on how personal data was being used online resulted in the formation in 1998 of the Online Privacy Alliance (Streitfeld & Hardy). However, except for this factor, political technology have very little impact on the stability of Facebook. 4 Technological Forces Technological forces are described by Wheelen et al. as those forces that generate problem-solving inventions. Changes in technology can also have tremendous impact on businesses since they all depend on technology to operate. Technological environment affects the business in relations to investment in technology, regular application of technology and the effects of technology on markets. Technology is constantly providing new method for communication; therefore the use of technology in our lives is always expanding. Facebook is at the center of technology advancement because as technology advanced so will the methods we use for communicating. The birth of Facebook brought in another era of communication in our lives, and it is obvious that the society will continue to develop new ways to pass on messages to each other. Facebook’s $1 billion profit in 2011 is an indication that technology will continue to advance; therefore this advancement in technology presents opportunities for the organization. The Task (Industry) Environment The task environment according to Wheelen et al. (2012) includes those elements or groups that directly affect a corporation and, consequently are affected by it; these include governments, local communities, suppliers, competitors, customers, creditors, employees/labor unions, special interest groups, and trade associations. In doing an external environmental scan the business manager must assess various industry forces. Wheelen et al. used the Porter’s 5-Forces model to illustrate the forces that make up the Industry environment. The Porter’s 5-forces model is a tool used by corporations to provide an analysis of their competition and to help determine strategy. This five-forces model examines the strength of five specific competitive forces which work together to determine long-term profit and competition within an industry. However, Wheelen et al. (2012) mentioned that a sixth forces has been added to reflect the power of other groups, and the government over the activities of industries. In a scan of an industry, a corporation must examine the importance of each of the six forces to the success of the company: threat of new entrants, rivalry among existing firms, threat of substitute products or services, bargaining power of buyers, bargaining power of suppliers, and bargaining power of other stakeholders. 1. Threat of New Entrants It is clear that new entrant to any industry bring new capacity, competition, and aspiration to gain a position of status in that industry. Therefore new entrants are threats to organizations that are already in the industry. A new entrant to an industry is able to learn from the mistakes of his competitors and improve upon these weaknesses. In the case of Facebook, new entrants will always be considered a threat since technology by nature is subjected to metamorphosis. The position of Facebook in the industry is strong; therefore the barriers to new entrants are high based on the following: (a) Economies of scales: Even though the start-up cost incurred by Zuckerberg was small at the inception, a new entrant to the industry would not be able to enter the market on a small scale and compete against a company like Facebook, and if they enter on a large scale, there is the possibility of reaction from Facebook who would be better equipped to contend against competitors in the industry. This prevents new companies from breaking into this industry quickly. In addition, the investment of large capital presents a significant amount of risk to a new company. (b) Switching cost: Facebook is an established organization, individual have spent a significant amount of time learning to use this network, so they would be somewhat reluctant to change for another media. (c) Government policy: There are already privacy issues arising from the use of social media so the government may be reluctant to give license to another such organization. (d) Access to distribution channels: A new entrant would have to establish its distribution channel in an industry that is already captured by Facebook. According to Piskorski, Eisenmann, and Smith (2013) 85% of Facebook’s revenue came from advertising. (e) Cost disadvantages independent of size: Facebook is already established in the industry, they have access to the expertise, technology, notoriety, and government approval to keep the organization functioning. (f) Product differentiation: Facebook is well-known, and this medium has a strong customer support. In October 2012 Facebook registered its billionth user, becoming the largest online social network in the world (Piskorski, Eisenmann, and Smith, 2013). Recently, the acquisition of Instagram has solidified Facebook in the industry. Essentially, with this force it is not easy for an organization to enter the industry. 2. Threat of Substitute Products or Services Substitute products naturally present competition in the industry because as more substitutes come on the market the demand becomes more flexible since customers have more alternative. In the case of social networking medium, MySpace has been able continue operation as a type of social networking medium but has not been have to hold a position of dominance in the social networking media because Facebook is more advanced and provides more options. Therefore, this substitute does not present a threat to Facebook. According to Piskorski, Eisenmann, and Smith (2013) LinkedIn has become the leader in professional networking; again this is a professional site and not a social networking site, and the site has not been used as a substitute for Facebook. The threat from substitute services is low in this case. 3. Rivalry Among Existing Firms Competition is likely to be high if entry to the industry is easy. Since entry to the social networking industry presents many barriers, it is unlikely that there will be much rivalry in this industry. However, Piskorski, Eisenmann, and Smith (2013) contended that Twitter and Google came into existence as rivals to Facebook although they have not been able to maintain any position of dominance since Facebook has been able to present more features than the other, thus there is a large differentiation between Facebook and its competitors, their strategies are different, and the rate of growth is vastly dissimilar since Facebook has been able to maintain its market position, and has potential for greater gain than its competitors. The strength of this force is also low. 4. Bargaining Power of Buyers In the social networking industry the bargaining power of buyers is important because if users are not inspired they will lose interest. Facebook has ensured the stability of its position in the industry by creating innovative and stimulating programs to keep users enthused. However, there is a vast difference in the service provided by Facebook and its competitors, so substitution is not easily found. This force does not present a threat to Facebook. 5. Bargaining Power of Suppliers Suppliers can influence an industry significantly as they determine price increases. In the case of Facebook, its suppliers include advertisers, game developers like Zynga, Spotify, Netflix, Hulu and the networks it uses to deliver its services. However, since these products are important to the maintenance of Facebook in the position of dominance in the industry, as they offer diversity to a site that could otherwise have been uninter esting. The bargaining power of suppliers in this case is medium.

Influence of Drug and Alcohol Abuse Amoung Kenyan Teenage...

SCHOOL OF COMPUTER SCIENCE RESEARCH PROPOSAL. Influence of drug and alcohol abuse among Kenyan teenage Education. BY BRIAN MUNGA (J15-3021-11) TAKEN BY: Catherine Mavyala DECLARATION I declare that Influence of drug and alcohol abuse among Kenyan teenage Education is my own work and that all the sources that I have used or quoted have been indicated and acknowledged by means of complete references. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 07 August 2012 Signature Date Brian Munga Student No. J15/3021/11 KEY TERMS Drug abuse; Kenya; secondary schools; students; drug-related problems; addressing drug abuse; prevention†¦show more content†¦Also alcohol is assessed by the medical experts that it can be used to increase the metabolism or improve the digestion of an individual. With the help of appropriate alcohol intake, the system of an older person can be stabilized. Therefore, the use of alcohol or liquor became popular among the people with advanced age. For throughout the years, the alcohols became part of the government’s subject for banning. The reason behind this provision is because the increasing demands that also affects the teenage and young adults’ population. Little wonder, then that the immediate past UN Secretary General, Kofi Annan once said â€Å"Drugs are tearing apart our societies, spawning crime, spreading diseases such as aids, and killing our youths and our future†. Background of the Study. According to a report by the International Narcotics Control Board (INCB, 2006), the East African region has become the fallback for drug dealers following increased control of traditional routes through the Netherlands and Spain. The warning followed the discovery of cocaine worth 6.4 billion Kenya shillings in Malindi and Nairobi on December 14, 2004 (Daily Nation, March 2, 2006). In a speech delivered during the official closing of the African convention of Principals (ACP) in Kenya on 27th August, 2004, the former Minister for Education, Late Honorable George Saitoti noted that some cities in Africa had been identified as either destinations or conduits for hard drugs. Drug

Persuasive Essay - Persuasive Outline - 1380 Words

Luis Mendoza Professor Shears June 24, 2016 Persuasive Outline I. Attention Grabber: In the last twenty years, the reputation of marijuana has evolved and possibly in the best way. People’s opinions have shifted from seeing the hemp plant as a drug with no use other than a temporary high, to a plant that could possibly be the definition of versatile. II. Motivation for listening: Did you know that currently 25 states and D.C have legalized marijuana for medicinal use? Yes a 50%. I believe that society to some extent has played a key role in accepting marijuana in a medicinal way. As the generation X diminishes and the millennial’s increase we slowly have come to accept marijuana in society especially for its medicinal uses. III. Establish Credibility: I have done my research and currently cigarette smoking kills about 480,000 each year in the United States, which is about 1,300 people per day, yet the government has not made any changes to minimize the sales of it and it actually possesses a threat to your body. Now, marijuana has not yet been linked to any deaths which is a start in the path for legalization of marijuana nationwide. IV. Thesis Statement: The hemp plant for many years has been used for many things such as food in the breakdown of seeds, clothing, paper, jewelry and building materials, but I would say that today the most useful and effective variant of the hemp plant would be medicinal marijuana. V. Preview of Speech: Today I will be talking aboutShow MoreRelatedPersuasive Speech Outline Essay1117 Words   |  5 PagesPersuasive Speech Outline ALL 50 STATES SHOULD HAVE MANDATORY MOTORCYCLE HELMET LAWS TOPIC: Mandatory motorcycle helmet laws PURPOSE: To persuade the audience that all 50 states should enact and enforce a mandatory motorcycle helmet law. THESIS STATEMENT: Mandatory helmet laws save lives and dollars. INTRODUCTION ï‚ · ï‚ · ï‚ · Did you know that only 19 states and the District of Columbia have laws in place that require all motorcycle riders to wear a helmet? 19!? 28 states have laws coveringRead MorePersuasive Speech Outline Essay711 Words   |  3 PagesMargarita Torres Informative Speech Outline Title: â€Å"Zumba!† General purpose: To persuade Specific purpose: After listening to my speech, audience members will try Zumba fitness as a way to exercise. Thesis: Zumba is a dance fitness program that has revolutionized the way people exercise and how they enjoy it. 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The Ethical Responsibilities Of Business Ethics Essay

Business ethics is a board interaction between individuals, organizations and countries based on the social and legal requirements. Moreover, ethics of business is more complex and complicated than business, in addition it emphasis the ethical responsibilities of business (Shaw, 2013, p.3). Business ethics is about how the people conduct the business and make ethical business decisions. In the case, the situation that Jean involved in is Wright expects Jean to use closing techniques to deceive her clients based on exaggerated and faked facts to increase the number of closed deals (Shaw, 2014, p.234). However, Jean strongly disagrees to use psychological manipulation, because of that, Jean’s sales is much less than others who use the psychological closing devices (Shaw, 2014, p.235). Besides, as a single mother, that job is really important for Jean (Shaw, 2014, p.235). Now Jean is facing an ethical dilemma, there are two options, hide the truth but save the reputation or keep honest but lose large amount of income. This easy introduces a comparative analysis of Jean’s situation under an ethical dilemma perspective with three different ethical theories, Kantian, utilitarianism and egoism. Based on the information from Jean’s case, the existence of an ethical dilemma is implied. Generally, ethical dilemma is defined as† a complex situation that often involves an apparent mental conflict between moral imperatives, in which to obey one would result in transgressingShow MoreRelatedEthical Decision Making : Business Ethics And Social Responsibility1295 Words   |  6 Pages Ethical Decision-Making De’Ambre Zanders OMM640: Business Ethics and Social Responsibility (MOH1616A) Instructor: Dr. Maja Zelihic May 1, 2016 Abstract In any type of business, ethical decision-making is usually at the forefront of company operations. 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Ethics can be defined as a process of evaluating actions according to moral principal of values(A.Alhemoud). Throughout the centuries people were trying to choose between profit and moral. Perhaps, some of them obtain both, but every time it could have roused ethical issues. Those issues concern fairness, justice, rightness or wrongness; as a result it can only be resolved according to ethical standards. Setting the ethical standards

Management Simulation Optimization Complex -Myassignmenthelp.Com

Question: Discuss About The Management Simulation Optimization Complex? Answer: Introduction The above study has been done to evaluate the performance of the new project of the company. For evaluating the performance of the company, capital budgeting techniques have been performed. Net profit value method is one of the capital budgeting method which explains about the total profit of the company after deductions which could be got by the organization or the investor after investing in a particular project. First of all, net profit value method have been analyzed and it has been found that the total cash flow of this investment proposal of the company is $ -3,16,449 which explains that the investment proposal would offer hug losses to the company so company should not accept this proposal. On the other hand, the study has been done on internal rate of return. Internal rate of return method is one of the capital budgeting methods which explain about the total return of the company which could be got by the operations or the investor after investing in a particular project. This return is compared with the required rate of return of the company and better conclusion is made. Through the study, it has been found that the total rate of return of this investment proposal of the company is 21.34% which explains that the internal rate of return of the investment in quite higher than the required rate f return of the company which is 12.5%. It explains that the project should be accepted by the company. At the same time, the study has been done on payback period of the company. Payback period method is one of the capital budgeting methods which explain about the total time of the company in which the total invested amount would be got back by the organization or the investor after investing in a particular project. Through the study, it has been found that the total period of cash back of this investment proposal of the company is 2 years which explains that the total invested amount would be get back by the company in 2 years. It explains that the project should be accepted by the company[1]. Lastly, the study has been done on accounting rate of return and profitability index of the company. Accounting rate of return method is one of the capital budgeting methods which explain about the total profit of the company after deductions which could be got by the organization or the investor after investing in a particular project. At the same time, profitability index method is one of the capital budgeting methods which explain about the total profitability level of company after deductions which could be got by the organization or the investor after investing in a particular project. Through the study, it has been found that the total profit of this investment proposal of the company is 22% and 0.87 on the basis of accounting rate of return and profitability index which explains that the project should be accepted on the basis of ARR and must not be accepted on the basis of profitability index. Thus, Dukeview Corporations Ltd must not accept this investment proposal as it is not profitable and the performance of the investment proposal is also not good. Further, the salvage value of the project is $ 240000 which would be get back by the company at the end of the 5 years and on the other hand, the loan amount would be given by the company every year. The total accounting of EMI would be $2,82,555 which explains that the performance of the project would not be profitable as the EMI amount is quite higher and the salvage value of the project is also lower. The above table explains that the net profit of the proposal is $ 51,12,435.71. Net profit value method is one of the capital budgeting methods which explain about the total profit of the company after deductions which could be got by the organization or the investor after investing in a particular project. The net profit value of the given case have been analyzed and it has been found that the total cash flow of this investment proposal of the company is $ 51,12,435.71 which explains that the investment proposal would offer great profit to the company so company should accept this proposal. Sensitivity Analysis: Sensitivity analysis study has been done further to evaluate the performance of the company. Two figures of the company has been changed which are sales price and sales unit. Following is the study of sensitivity analysis: Table-1:Sales Units NPV % Change Unit sales $ 51,12,435.71 5% 1,50,150.00 5718492.216 10% 1,57,300.00 6324548.722 15% 1,64,450.00 6930605.228 20% 1,71,600.00 7536661.734 25% 1,78,750.00 8142718.241 Base value 1,43,000.00 5112435.709 -5% 1,35,850.00 4506379.203 -10% 1,28,700.00 3900322.697 -15% 1,21,550.00 3294266.191 -20% 1,14,400.00 2688209.684 -25% 1,07,250.00 2082153.178 The table explains that the changes in sales unit by 5% would impact on the net profit value of the company as above[2]. Table-2: Unit price NPV % Change Unit price $51,12,435.71 5% $ 103.95 5718492.216 10% $ 108.90 6324548.722 15% $ 113.85 6930605.228 20% $ 118.80 7536661.734 25% $ 123.75 8142718.241 Base value $ 99.00 5112435.709 -5% $ 94.05 4506379.203 -10% $ 89.10 3900322.697 -15% $ 84.15 3294266.191 -20% $ 79.20 2688209.684 -25% $ 74.25 2082153.178 The table explains that the changes in sales price by 5% would impact on the net profit value of the company as above[3]. Table-3: Cost of capital NPV % Change Rate $ 51,12,435.71 5% 10.67% 5036033.517 10% 11.18% 5030905.366 15% 11.68% 5025745.757 20% 12.19% 5020554.582 25% 12.70% 5015331.732 Base value 10.16% 5041130.318 -5% 9.65% 5046195.876 -10% 9.14% 5051230.3 -15% 8.64% 5056233.698 -20% 8.13% 5061206.178 -25% 7.62% 5066147.848 NPV amount could be differentiated due to approximation. Through the above study on sensitivity analysis, it has been found that the sensitivity analysis only look over changes in one variable at a time. Such as, in above case the different study has been done for sales units and sales prices[4]. Though, in case of scenario analysis, multiple changes could be accessed and studied at the same time. It makes it easy for the professionals to evaluate the project. Scenario analysis assists the managers and the companies to evaluate the case on three bases which are worst, best and base case. Further, it also assists the managers to make a better decision about the position and the profitability level of the project[5]. According to the current case of Curtis Industries Ltd, sensitivity analysis has helped the company to identify the total risk. According to the sensitivity analysis basis, the risk of the project is evaluated through calculating the scope in which the NPV (net present value) of the company would change with the changes into the related variables[6]. Further, it has been evaluated that there are various factors which affect the capital budgeting decision such as tax rate, interest rate, cost of sales, revenues, cash outflow, cash inflow etc. The overall NPV of the given project explains about the positive outcome which means the cash outflow of the project is lower than the cash inflow of the company. The return on investment of the project is according to the total risk of the project. References: Asongu, Simplice A. "Finance and growth: new evidence from meta-analysis."Managerial Finance41.6 (2015): 615-639. Bernanke, Ben, Kate Antonovics, and Robert Frank.Principles of macro economics. McGraw-Hill Higher Education, 2015. Brooks, Raymond.Financial management: core concepts. Pearson, 2015. Gitman, Lawrence J., Roger Juchau, and Jack Flanagan.Principles of managerial finance. Pearson Higher Education AU, 2015. Iooss, Bertrand, and Paul Lematre. "A review on global sensitivity analysis methods."Uncertainty management in simulation-optimization of complex systems. Springer, Boston, MA, 2015. 101-122. Lawrence, J. Gitman.Principles of managerial finance. 2016. ZUTTER, CHAD J.PRINCIPLES OF MANAGERIAL FINANCE, BRIEF+ MYLAB FINANCE WITH PEARSON ETEXT ACCESS CARD: Value... Edition. PRENTICE HALL, 20

What is popular culture in the UK Essay Example For Students

What is popular culture in the UK? Essay According to Strinati (2004), popular culture is produced by commercial industries for markets of consumers must be a major factor influencing this relationship. If this is so, it must play a crucial part in shaping any meanings and ideas contained in the popular culture produced and consumed. In the modern age, the popular culture has demonstrated diversification. Miller and McHoul (1998:3) point out that the popular is marked by hierarchies of artistic value, with European high art and the philosophical aesthetics of western ruling classes set against the entertainment that people purchase from the commercial world. We will write a custom essay on What is popular culture in the UK? specifically for you for only $16.38 $13.9/page Order now There is a tendency that popular culture as postmodern culture is going to be accepted by the commercial society. The films, the sports, the magazines, and almost popular forms are advertised by postmodernism. So much as people may experience the first time when they hear Ewis Cosetllo with the familiarity of background pop in the kitchen without any surprise. It is hard to say the tendency is determined by the commercial society, but it is really related with the development of the commercial society. Carey (1992:34) has shown the truths that the existing models of communication are less an analysis than a contribution to the chaos of modern culture. Modern media of communications widen the range of reception while narrowing the range of distribution (Carey, 1992:136). People should admit that the media development relies on the commercial development, while the media development is promoting the commercial information and cultural dissemination. It should be said that popular culture has become a big part of the peoples daily life. Conclusion: Popular culture is driven by economic interest obviously. The term Popular culture refers to sets of values, beliefs, trends or modes of symbolic expression readily available to and acknowledged by the masses McCluskey (2006). British popular culture along with the transformation of cultural elements is changing all the time. And the transformation indeed is by far a phenomenon decided by the economical condition at current trend. In the past, working class did the main role in popular culture. The forms were quite simple, just as different performance including singing, dancing, speaking. Because people barely read or write available to and acknowledged by the masses. McCluskey (2006) states that British popular culture is not restricted in audience to the working class majority, but can be seen to bind disparate cultural elements in Britain and challenge fading traditional class structures. Reference: Alan McCluskey (2006) British Culture Toby Miller and Alec McHoul(1998) Popular Culture and Everyday Life. London: SAGE Publications John Storey (2003) Inventing popular culture Blackwell publish Andrew Horrall (2001) popular culture in London c. 1890-1918: the transformation of entertainment Manchester university press Dominic Strinati (2004) An introduction to theories of popular culture Bodmin James W. Carey (1992) Communication as culture : essays on media and society Great Britain: Routledge.