Thursday, August 27, 2020

Free Essays on Multcultural Education

America has for some time been called â€Å"The Melting Pot† because of the way that it is comprised of a shifted blend of races, societies and ethnicities. As an ever increasing number of migrants come to America looking for a superior life, the populace normally turns out to be progressively different. This has, thus, spun an incredible discussion over multiculturalism. A portion of the issues enduring an onslaught are who is profiting by multicultural training, and how to best present the material in a manner in order to outrage minimal measure of individuals. There are numerous varieties to these subjects as will be talked about later in this paper. During the 1930s, a few instructors called for projects of social assorted variety that empowered ethnic and minority understudies to contemplate their individual legacies. This is definitely not a straightforward accomplishment because of the way that there is a lot of decent variety inside individual societies. â€Å"A take a gander at the 1990 statistics shows that the American populace has changed more perceptibly over the most recent ten years than in some other time in the twentieth century, with one out of each four Americans distinguishing themselves as dark, Hispanic, Asian, Pacific Islander or American Indian,† (Gould, 1995, p.198). The quantity of remote conceived occupants likewise arrived at an unequaled high of twenty million, effectively passing the 1980 record of fourteen million. A great many people, from instructors to rationalists, concur that a significant initial phase in effectively joining various societies is to build up a comprehension of every others foundation. Be that as it may, the likenesses stop there. One issue is in characterizing the term â€Å"multiculturalism†. At the point when it is taken a gander at essentially as importance the presence of a socially incorporated society, numerous individuals have no issues. Nonetheless, when you go past that and attempt to recommend an alternate method of showing up at that socially coordinated society, everybody appears to have an alternate feeling on what will work. In 1980, Stanford University thought of a program †later known as the â€Å"Stanford-style multicultu... Free Essays on Multcultural Education Free Essays on Multcultural Education America has for quite some time been called â€Å"The Melting Pot† because of the way that it is comprised of a fluctuated blend of races, societies and ethnicities. As an ever increasing number of migrants come to America looking for a superior life, the populace normally turns out to be progressively different. This has, thusly, spun an extraordinary discussion over multiculturalism. A portion of the issues enduring an onslaught are who is profiting by multicultural instruction, and how to best present the material in a manner in order to outrage minimal measure of individuals. There are numerous varieties to these topics as will be talked about later in this paper. During the 1930s, a few teachers called for projects of social decent variety that empowered ethnic and minority understudies to contemplate their individual legacies. This is certainly not a basic accomplishment because of the way that there is a lot of decent variety inside individual societies. â€Å"A take a gander at the 1990 enumeration shows that the American populace has changed more observably over the most recent ten years than in some other time in the twentieth century, with one out of each four Americans recognizing themselves as dark, Hispanic, Asian, Pacific Islander or American Indian,† (Gould, 1995, p.198). The quantity of outside conceived occupants likewise arrived at an unsurpassed high of twenty million, effectively passing the 1980 record of fourteen million. The vast majority, from teachers to logicians, concur that a significant initial phase in effectively joining various societies is to build up a comprehension of every others foundation. Be that as i t may, the similitudes stop there. One issue is in characterizing the term â€Å"multiculturalism†. At the point when it is taken a gander at just as significance the presence of a socially coordinated society, numerous individuals have no issues. Notwithstanding, when you go past that and attempt to propose an alternate method of showing up at that socially incorporated society, everybody appears to have an alternate conclusion on what will work. In 1980, Stanford University concocted a program †later known as the â€Å"Stanford-style multicultu...

Saturday, August 22, 2020

Pattern Essay Example | Topics and Well Written Essays - 750 words

Example - Essay Example That estimation is should have been thought of so it will make the like. There are loads of methods and methodology on the best way to have a careful work of putting design on a texture. Example fills in as the disintegrate for a total figure of the arranged dress in a texture. Planning to Draft the example on a texture isn't a simple activity. Since textures are not hard enough to hold the imprints that a sewer will do. We use to plan an example on a texture by first creation a draft from a paper, the realized draft can be delivered. From this draft an example will taken from which the fabric will be cut. In which the paper ought to be solid, firm and white or light, hued if pencil or graphite is to be utilized. In the event that tailors chalk is to be utilized, a dim paper or harsh surface is best. A figuring out instrument or ‘set square’ is additionally fundamental, generally made of box-wood with metal finishes. It is progressively helpful to utilize on the off chance that one side of the square is around 60 cm long and the other shorter, around 30 cm long. It ought to be separated in centimeters on the two sides with zero at the point. To begin making the example on a texture, first lay the texture with solid closures and corners so the imprints will be made on its correct plane or position. To begin drafting the example this is the strategy that First, mark a point on the paper on the upper right-hand corner about 10cm from the edges and the top ring it so O with a speck in the circle. Simply ensure the â€Å"squaring† is exact and the estimations are applied with care. Keep the drawing slick and clean. It will be discovered that very soon the drafting technique will turn out to be very simple. At the point when the draft is finished an example must be produced using which the material will be cut. The guideline of example slicing is to copy of the draft on to another bit of paper, yet rather than an indistinguishable duplicate it is made in isolated pieces as per what number of parts the articles of clothing substance. The draft

Friday, August 21, 2020

Writing a Boston College Essay - Top Essay Samples and Ideas

Writing a Boston College Essay - Top Essay Samples and IdeasWriting a Boston College essay is not a simple thing to do and if you are a college student it can be stressful. There are too many choices for college writing services and most college students will find themselves overwhelmed with all the things they need to write about.Boston College is a private university that specializes in undergraduate education. It is a school of liberal arts and offers programs ranging from liberal arts to specialized programs and has been awarded numerous awards for research and teaching excellence.A liberal arts program in college is different from an accelerated or degree-oriented program. A liberal arts program is the sum total of the various programs offered at Boston College and most students will concentrate on a particular area of study. There are many options when it comes to choosing a specific area of study, one of the most popular areas is the music department.The department of music is one of the largest departments at Boston College and it is interesting to note that it has long been recognized as being one of the most valuable programs in the college. This department also boasts of great research facilities that help students in their studies.In addition to the music department the department also includes other departments such as visual arts, theater, film, fine arts, radio and television, publishing, and more. These departments are important for undergraduate college students and it is important to note that not all of these departments are offered in every campus.Also, unlike most schools focus on a single area of study, Boston College focuses on several different types of courses. For instance, one of the most popular courses at this school is Communication which is offered in many different formats including, English language, history, literature, mathematics, psychology, political science, and others.Boston College essay samples are a good way to start a new and exciting career for students looking to pursue a degree in this field. They are a source of inspiration and are a great place to begin when looking for essay topics and themes.Writing a Boston College essay should not be a stressful thing to do but it does take time to complete it. There are many different forms and styles to choose from and there are many places to find them as well.

Monday, May 25, 2020

Development Of Artificial Minerals And Its Effects

Development of Artificial Minerals From the start of civilization, man has demonstrated intriguing interest in natural crystals including gems (Kesler Simon, 2015). Later, man used natural minerals such as mica, diamond, corundum, and quartz for different applications including cutting abrasion, and electrical appliances among others (Kogel, 2006). During the Second World War, the demand for natural minerals in technical applications increased significantly and endangered the supply. However, this situation alongside technological advancements had a positive impact because it led to the birth of synthetic crystals (Goodman, 2013). In the synthetic crystal industry, the disciplines of geology, physics, chemistry, ceramics, and metallurgy merge to enable man create a wide variety of synthetic minerals (Degryse Elsen, 2003). Over the years, scientists have used different methods to develop synthetic minerals. The development of artificial minerals has many benefits as discussed in this report. Artificial minerals are minerals made in the laboratory (Jayaraman, 2000). Despite being artificial, these minerals have the same chemical, optical, and physical features associated with natural minerals (Degryse Elsen, 2003). Even though large scale manufacture of synthetic minerals started after the Second World War, the practice traces its history to the late 1800s when synthetic ruby was first produced (Weldon, 2016). Different man-made minerals have use in communications, laserShow MoreRelatedZinc And Omega-3 Supplements As Adjunctive Drugs In The Treatment Of Adhd Case Study932 Words   |  4 PagesStudy explained the effect of zinc and omega-3 supplements as adjunctive drugs in the treatment of ADHD. Randomized, double-blind clinical trial conducted on 150 children between the 6-15 years for the period of 8 weeks. Besides of the drug of choice for the ADHD, patients’ placebo in the control group, zinc sulphate in the second group, omega-3 in third group. Improvement w as checked by the Conners parent and teacher rating scale before and after the treatment. Findings showed that significantRead MoreFood Technology Assessment Task : Food Industry1575 Words   |  7 Pageswhich requires only 45 seconds for heating. The Tuna Brown Rice and Quinoa range contains â€Å"no artificial colours, flavours or preservatives†, so it is a natural brown rice option, packed with carbohydrates and proteins (which are predominantly found in the rice, quinoa and tuna). 2. Explain the most important reason for the development of the product. The most important reason for the development of this food product was due to the need for improving the product’s health benefits. SimplotRead MoreHigh Fructose Corn Syrup (HFCS)909 Words   |  4 Pagesminimized the flow of blood to and from the heart and blocks arteries. The dangers of this process and weaken the heart and the ability to circulate oxygen in the body become difficult. Anemia is also a side effect of HFCS. For your body to digest HFCS and sugars that have no vitamins or minerals, your body must use other storages of the nutrients which decreases your body of natural amounts. HFCS can interfere with the process of creating hormones and enzyme that normal results in the lack of the immuneRead MoreEssay about Healthy Food is Better Than Junk Food852 Words   |  4 Pagesin addition to some animal researches and concludes that healthy food is certainly better than junk food. Healthy food provides not only the right source of energy for everyday bodily functions but balanced amount of nutrients like vitamins and minerals fulfill the needs to perform at its optimum level. Junk food, on the other hand gives quick burst of energy that is followed by slow and groggy feeling and its fat content leads to obesity. 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However, there are studies thatRead MorePeople Should Consume Organic Product Essay1464 Words   |  6 Pageshuman activities. Now, choosing good foods for family becomes a hard problem with many households when people hear about the toxic ingredients in food every day. The diseases, which have been linked to food poisoning, are increasing day by day. The development of new technology analyzed the nutrient elements, and figured out the risks of poisonous elements in food. The scientists researched a new farming method called organic farming method that is producing the best quality food for every person. NowadaysRead MoreThe Effects Of Fast Food On Food926 Words   |  4 PagesThe effects of fast food Food is one of the basic needs of human beings, it provide us energy that our body needs to work properly. Not only that, it also provide us a variety of nutrients, vitamins, minerals, carbohydrates, and proteins that our body asks us daily to keep it in function. As time our alimentation has changed due to the demands of the modern world. People have less time to prepare a home cooked meal, and instead of it we decide to eat fast food, but did you know that eating fast foodRead MoreSpace Exploration Is A Waste Of Money1409 Words   |  6 Pagestechnology and medicine. According to Mindy Townsend, a writer for the social networking website Care2, we have to give credit to NASA for the development of the cell phone camera, which was developed at the Jet Propulsion Laboratory (JPL), one of NASA’s research centers. (par. 2). Likewise, Townsend also gives credit to NASA for the technology used in the development of CAT scanners, microscopy, and radiography (par. 6). However, many people still argue that space exploration is a waste of money becauseRead MoreMetabolization Of Lipids1441 Words   |  6 Pagesretention and increases the nitrogen release to the environment. Several studies have proved that optimal levels of non-protein energy sources in the diet of fish can minimize the use of protein as a source of energy (NRC, 1993). The protein-sparing effect which is obtained by increasing lipid or carbohydrate levels in the diet has been reported in several fish species (Cho and Kaushik, 1990; Vergara et al., 1996). The optimal dietary inclusion level of digestible carbohydrates has been established

Thursday, May 14, 2020

Power Up Plc - Free Essay Example

Sample details Pages: 10 Words: 3086 Downloads: 1 Date added: 2017/06/26 Category Finance Essay Type Case study Did you like this example? Capital Appraisal of Power Generating Alternatives Introduction Power Up Plc is planning to set up a new power plant. The company has three options to choose from – gas power, nuclear energy or renewable energy power plant. This report analyses the financial viability of the three options by using the net present value method. Don’t waste time! Our writers will create an original "Power Up Plc" essay for you Create order The net present value is one of the most scientific methods for capital appraisals as it discounts the future cash flows. The results from the net present value method are also compared with three other capital appraisal methods – discounted payback period, accounting rate of return and internal rate of return methods. All calculations are based on the data provided in the case. The capital appraisal methods are based on projected cash flows and discount rates and hence any changes in their values can have a significant impact on the value of a project. The report also discusses other information that would help in finalising one of the options as a preferred one. Capital Appraisal The net present value is one of the preferred capital appraisal methods as it gives the absolute net value of a project to a company. The net present value method discounts the future cash flows of an investment by its discount rate. The discount rate is based on the risk of the project and gearing ratio. According to the Capital Asset Pricing Model, the expected return on equity is given by the following formula (McLaney, 2009, p. 199). Expected return on equity = Risk-free return + Beta*(Market return – risk-free return) The gilts (T-bills) have the lowest risk as it is backed by the government and is as good as risk-free. The return on gilts is taken as the risk-free return. The Weighted Average Cost of Capital (WACC) is given by the following formula (Brealey Myers, 2003, p. 389). WACC = Rd*(1-T)*(D)/(D+E) + Re*(E/D+E) Where Rd = Return on debt T = Taxation rate Re = Return on equity D = Value of debt E = Value of equity D/(D+E) is the gearing ra tio of a company. The expected return on equity and WACC calculations for the three options are shown in the table I. They are based on the data provided. Table I – Cost of equity and WACC The cost of equity is highest for the nuclear power plant because of its high beta. Even though the WACC of nuclear and renewable energy options are more than that of the gas plant option the differences are significantly less as compared to the differences in cost of equity. The high equity costs of the nuclear and renewable energy options are countered by their high gearing which limits the increase in the WACC due to lower cost of debt and tax deductibility of interest rates. The net present value calculations for the three options are based on the following common assumptions: The power plant starts operations at the beginning of the 4th year. The direct, and licensing and ancillary revenues are increased annually by the rate of inflation. As an example, the revenues in the 4th year are calculated by compounding four times the current revenue estimates with the annual inflation rate. All yearly clean-up costs are also increased by the annual inflation rates to take into account the likely increase in costs over years. The depreciation is taken into account from the first year to spread the total cost of the project over the 25 years period. It is assumed that the company will raise the full cost of loan in the first year itself and hence the interest costs are assumed from the first year itself. The annual interest costs calculated by multiplying the total building cost and debt rate are more than the annual interest costs given in the case for the gas power and renewable energy plants. The annual interest costs given in the case are used for the net present value calculations assuming that the company will use debt less than 100% of the building cost in these options. The annual capital allowance is 10% of the total building cost of the power plant. The capital allowance is used from the 4th year onwards when power plant starts operations. The appendix I and II shows the profit and loss, and net present value calculations of the gas power plant option. The actual tax is calculated on the basis of the capital allowance as accounting depreciation is not recognised by the taxation authorities for income deductibility. The net cash flows in the appendix II are discounted by the WACC (10.72%) of the gas power plant option. The net present value of the gas power plant is  £1,636 million. The positive net present value of the power plant indicates that the firms value will increase by this amount if the project is run successfully over 25 years as per the projections. The appendix III and IV shows the profit and loss, and net present value calculations of the nuclear power plant option. The WACC used for discounting the nuclear power plant cash flows is 12.10%. Even though the cost of equity for the nuclear power plant option is significantly higher than the equity for the gas power plant, the increase in the WAC C is limited by the higher gearing of the nuclear power plant. The net present value of the nuclear power plant is  £1,062 million. This is  £574 million lower than the net present value of the gas power plant. Even though the nuclear power plant adds value to the firm, the gain is significantly lower than in the gas power plant. Hence the gas power plant is favoured over the nuclear power plant in the net present value capital appraisal method. The appendix V and VI shows the profit and loss, and net present value calculations of the renewable energy plant option. The net cash flows in the appendix VI are discounted by the WACC of 11.05%. The net present value of the renewable energy power plant is  £1,052 million. This is similar to the net present value of the nuclear power plant but significantly lower than the gas power plant. The gas power plant has the highest net present value among the three options and hence it is the preferred option under the net present value option. But the projections are based on a number of assumptions and these should be thoroughly checked before finalising the option. As an example, the net present value relies on the cost of capital which may not be simple to calculate in situations like varying inflation rates (Howe, 1992, p. 34). The net present value is one of preferred capital appraisal methods as it gives the absolute value addition by a project. But there are other methods also which are less complex and need lesser calculations. They are used by managements for quick assessment of investments. The three other capital appraisal methods used for evaluating the power plant options are discounted payback period, accounting rate of return and internal rate of return. The discounted payback period method calculates the period in which the cumulative discounted future cash inflows equal the discounted initial investment. Some companies use payback period method but the discounted payback period m ethod is better than the payback period method as it discounts the future cash flows. If the cumulative discounted cash flows of the proposed investment turn positive in the year ‘n, then the discounted payback period is given by the following formula. . Discounted payback period = (n-1) years + (-Cumulative cash shortfall at the end of (n-1) year) / (Net cash flows in the year n) Discounted payback period gives a quick assessment of the time when a company will receive back the cash invested in a project. But the discounted payback period method ignores all cash flows after the cut-off date (Brealey Myers, 2000, pg. 97). Ignoring cash flows after the discounted payback year may result in opting for an option that would add lower value to the shareholders. Accounting rate of return is the ratio of the average accounting profit over the duration of a project to the average investment. Average investment is calculated as the average of the initial investment and f inal value of investment at the end of the project. As the full value of all three power plants is depreciated by the end of the project, the final value of the investment is 0. The internal rate of return gives the discounting rate at which the net present value is 0. It gives a quick measure of the return rate as compared to the cost of capital. Also it gives a measure of how much cost of capital can change before the project value becomes 0. But it has its limitations too as it does not take into account the scale of investment (Chang Swales, 1999, p.133). The appendix VII shows the gas power plant values in the above mentioned three capital appraisal methods. The investment in the gas power plant will be recovered in 5.84 years. As the period is less than the project life, the project is approved under the discounted payback period method. The option also has a very high accounting rate of return of 93.71%. The internal rate of return for the gas power plant is 33.77 % which indicates that the cost of capital can increase substantially before the net present value of the project will become 0. The appendix VIII shows the capital appraisal values of the nuclear power plant. The investment in the nuclear power plant will be recovered in 13.22 years, lower than the life of the project but higher than the gas plant. The accounting rate of return and internal rate of return are 18.72% and 16.25% respectively. The lower internal rate of return indicates that there is little scope for the cost of capital to increase before the net present value of the project will become 0. The appendix IX shows the results of the three capital appraisal methods for the renewable energy option. The results are similar to that of the nuclear power option with even lower safety of margin in the internal rate of return. The results of three capital appraisal methods also favour the gas power plant followed by the nuclear and renewable energy plants. The e xternal consultant has highlighted the varying degrees of risks associated with three alternatives. Nuclear power plants are regarded as higher risk than a gas or a renewable energy plant due to the potential losses if things go wrong. Any leakage or explosion in a nuclear plant can release hazardous radioactive particles that can cause severe damage to human lives and environment. The damage in a gas power plant explosion is likely to be less severe and even lower in a renewable energy option. But the risk factor is not extremely high in nuclear power plants as demonstrated by the successful operation of a large number of nuclear power plants across the globe. The higher beta and expected rate of return for equity reflect the higher operational risks associated with the nuclear plant and renewable energy options, and also higher gearing risks. The operational risks are included in the discount rates for different options. The beta of Power Up with the nuclear plant option is 1.5 as compared to the beta of 0.8 with the gas plant option. The cost of equity in the nuclear plant option at 20.8% is significantly more than the 12.8% for the gas plant option to reflect higher commissioning risks of a nuclear plant. The beta for renewable energy option is also higher than the gas power option because of delays faced in regulatory approvals in setting up a large scale renewable energy project. Partial increases in the equity returns of the nuclear and renewable energy options are due to increases in the gearing ratio. The return on equity increases with the increase in debt-equity ratio (Miller, 1988, p. 100). But the fact that nuclear option has a higher equity rate than the renewable energy even though it has lower gearing indicates that operational risks are included in the discount rate. Also the rates of debt for both nuclear and renewable power plants are higher than the gas power plant which reflects the higher bankruptcy fears due to high g earing (Brealey Myers, 2000, p. 482). The inclusion of different operational and financial risks in higher discounts rates means that there is no need to further increase the discount rates. The above capital appraisal of the three options is based on certain assumptions which should be verified before making a decision. First, the net present value of the gas power plant is highly dependent upon the gas prices in the future. The net present value calculation assumes that the gas prices will grow at the 3% rate of inflation. But gas supplies are limited because they are non-renewable. The growing demand of electricity and power across the world, especially from developing countries like China and India has increased oil prices in the recent years (Dolbeck, 2008, p. 1). It is also likely to impact gas prices. Hence it is important to check the likely gas prices over a long-term with well-established institutions that are focused on trekking and projecting oil and gas prices . Second, the weighted average cost of capital method assumes that the company is going to maintain same debt-to-equity ratio during the duration of the project (Massari et al., 2007, p. 153). It is most likely to change as the company generates profits and possibly invests in other projects. The future debt-to-equity ratios for the company should be checked with the finance department. If changes in the gearing ratio do happen over the period of the project then they should be reflected by using an appropriate capital appraisal method like the adjusted present value method. Third, a significant part of revenues is to be generated from licensing and ancillary activities. This needs to be analysed in view of the governments policies on climate change. The possibility of decline in gas power plant licensing and ancillary revenues in the medium to long-term future should be analysed and appropriate impact in terms of future cash flows should be built in the capital appraisal model. Fourth, the gearing ratio of the gas power plant option is half or lower than half of the gearing ratios of the nuclear and renewable energy options. Modigliani and Miller (1963, p. 434) showed that the value of a firm increases with increase in debt due to tax benefits of interest. Hence it would be useful to check with the corporate finance department of the company the reason behind the low gearing ratio for the gas option. Conclusion The capital appraisal methods – net present value, discounted payback period, accounting rate of return and internal rate of return – favour the gas power plant over the nuclear and renewable energy plants. But the calculations are based on certain assumptions which should be thoroughly vetted before finalising the option. Any changes in revenues and/or costs will have an impact on the results of the capital appraisal methods. Personal learning The exercise to evaluate three power plants has increased my personal knowledge in the field of corporate finance. The things learnt in this module and as well as things learnt previously were reinforced during the analysis of this case study. First, the cost of debt increases with the degree of gearing as lenders take more risk and debt assumes some of the characteristics of equity. At higher gearing levels, the lenders are exposed to more risk and have lower safety of margin. This is evident as the cost of debt in the renewable energy option is more than the cost of debt in the nuclear energy option due to higher gearing. The variation in the cost of debt across the three options is also in line with the Modigliani and Miller proposition II that states the cost of debt remains constant during the initial increases in gearing but then increases to reflect higher risks and bankruptcy costs (Brealey Myers, 2000, p. 482). The cost of debt increases from 9% in gas power plant at 30% gearing to 10% in nuclear power plant with 60% gearing, a 1% increase in cost of debt when gearing increases by 30%. But the cost of debt then increases to 11% as gearing changes to 65% in the renewable energy power plant, same absolute 1% increase in the cost of debt when gearing increases by only 5%. Second, the issue of new equity will result in dilution of earnings per share and would be a matter of concern for the management (Opler et al., 1997, pg. 21). This appears to be one of the reasons behind the higher gearing in both nuclear and renewable energy options as low gearing in these two options would result in issue of high amount of equity and significant dilution of earnings per share in the initial years of the investment. Third, the net present value calculations depend on a number of factors and it is important to research them. As in this case, changes in gas prices in the future may dramatically impact the net present value of the gas plant but not o f nuclear and renewable plants. Also, government regulations change over time and can impact values of a project. The focus on climate change may encourage the government to give more subsidies to renewable and nuclear plants in the future. This would put a gas power plant into disadvantage and the company may find it difficult to find buyers for its electricity. Hence such factors should also be taken into consideration before finalising an option. Bibliography and references Brealey, R. A. and Myers, S.C., 2000. Principles of Corporate Finance, 6th edition, Tata McGraw-Hill Publishing Company. Brealey, R. A. and Myers, S.C., 2003. Capital Investment and Valuaion, McGraw-Hill Company. Chang, C.E. and Swales, G.S., 1999. A Pedagogical Note on Modified Internal Rate of Return. Financial Practice Education, Vol. 9, Issue 2, pp. 132-137. Dolbeck, A., 2008. Valuation of the Oil and Natural Gas Industry. Weekly Corporate Growth Report, Issue 1473, pp. 1-12. Howe, K.M., 1992. Capital Budgeting Discount Rates Under Inflation: A Caveat. Financial Practice Education, Vol. 2, Issue 1, pp. 31-35. Massari, M., Roncaglio, F. and Zanetti, L., 2007. On the Equivalence between the APV and the wacc Approach in a Growing Leveraged Firm. European Financial Management, Vol. 14, No. 1, pp. 152-162. McLaney, E., 2009. Business Finance: Theory and Practice. Pearson Education Limited, 8th edition. Miller, M.H., 1988. The Modigliani-Miller Propositions After Thirty Years. Journal of Economic Perspectives, Vol. 2, No. 4, pp. 99-120. Modigliani, F. and Miller, M., 1963. Corporate Income Taxes and the Cost of Capital: a Correction. American Economic Review, Vol. 53, Issue 3, pp. 433-443. Opler, T.C., Saron, M. and Titman, S., 1997. Designing capital structure to create shareholder value. Journal of Applied Corporate Finance, Volume 10, Number 1, pp. 21-32.

Wednesday, May 6, 2020

Environmental Sociology Essay - 2377 Words

Development processes is connected with environmental degradation and use of natural resources. Rudel et al. (2011) assumes the present of two distinct waves of development power which control environment. The first wave of political economy deals with the power of capitalism as the main agent for environmental degradation, while the second wave concern with the social power (community) to control the use of natural resources. In this first wave scenario, the idea is that capitalism is a significant power for shaping the performance of environment. IPAT/STIRPAT Theory proposes that capitalism is the cause for environment degradation because --in combination with rapid population growth and affluence (prosperity)-- they altogether†¦show more content†¦(2011) provides examples of this theory by pointing the heavy industrial production in East Asia and former socialist countries after World War II. Principally, Treadmill Production Theory do not consider population and affluent as significant factor for environmental degradation, and put more emphasis on the issue of technology as the main contributor for the decrease of environmental quality. Both the IPAT/STIRPAT and Treadmill Production theories overlook the condition â€Å"behind the scene†, why the technology exists in the process of development. In other words, these theories do not consider the social actors which are responsible for the present of this technology. Indeed, the coercion of capital to exploit natural resources is possible only because it is supported by the conglomeration of powerful social actors behind it. According to Growth Machine Theories, syndication of vested interests (government, land owners, developers, real estate companies), which often claim themselves as â€Å"pro-growth† coalition, encourages local development through real estate business activities, while excluding the interest local population who previously occupy the sites for years (Rudel et al., 2011). Huge commercial farming scheme for the sake of development in rural areas is other typical of the oppression from outside of the local community which tries to stick the capital into certain local areas (). Since local community usually has no systematic organization to balanceShow MoreRelatedEnvironmental Sociology And The Environmental Justice Movement1618 Words   |  7 PagesEnvironmental sociology began to emerge in conjunction with the environmen tal justice movement. Environmental sociology can be defined as the study of how human societies interact with their environment. One important individual, Dr. Robert Bullard, acted as a key person throughout the environmental justice movement. He served as a technical advisor on civil right lawsuits and is now a professor at Texas Southern University. Because of his research dedicated to environmental issues pertaining theRead MoreSociology Course At Environmental Problems1858 Words   |  8 PagesThe introduction to sociology course this semester turned out to be a very intriguing class. I had prior knowledge and connection to the subject, but still I thoroughly enjoyed the class and feel that I learned and developed further knowledge into the subject of sociology. Many of the topics, discussions, and assignments I really enjoyed doing, and I am glad that the course turned out to be as great as it was. 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Tuesday, May 5, 2020

Anderson/UCLA Admission Essay Example For Students

Anderson/UCLA Admission Essay With no money, no direction, and no goals, I graduated from high school in 1987 not knowing if I would ever be a man, if I would ever know what life means. Unable to afford college tuition, I worked odd jobs for a few months before deciding to join the United States Marine Corps. A scrappy kid who needed structure and support, I entered the Marines unprepared for the next thirteen weeks of extraordinary physical and mental challenges. Arriving at the recruit-training depot in Parris Island South Carolina on February 3,1988 not knowing what to expect, I watched my hair fall off my head, had vaccinations for every disease ever discovered, and learned to live with sixty other young men in close quarters. The days were long. I would wake up at 4 a. m. and work nonstop for 18 hours until I could collapse on my bed. Exposed to individuals from many different cultural and economic backgrounds, I learned the value of teamwork and the work ethic essential to leadership. When we first arrived on the island, my platoon was a jumbled mess of disobedient, out of shape, undisciplined boys. After three months of exhausting training we were molded into a group of highly motivated, physically fit men. On the proudest day of my life, I marched in the graduation parade to become a United States Marine. After being discharged from the United States Marine Corps, I became determined to attain an electrical engineering degree from Florida State University. I wisely invested in the GI Bill early on in my Marine Corps career in order to go to college. Although a substantial amount of money, the GI Bill only covered my tuition; to pay for food and rent, I took a full time job with the VA work-study program. In the beginning I had difficulty adjusting to working full time while maintaining a full coarse load, and I began to feel hindered by my years outside the classroom. However, determined to succeed, I learned to manage my time well, and I established good study habits, which have continued to the present. In the spring of 1997 I obtained a Bachelors degree in Electrical engineering, a full year ahead of schedule. I take pride in the fact that I am the first person in my family to obtain a college degree. I moved to Los Angeles after graduating from college and accepted a position at an aerospace company as a design engineer. Although I had multiple offers, I chose to work at my particular company to further my education. Putting in long hours at work while devoting most of my personal time to obtaining a Masters degree in electrical engineering, I felt like I was in college again with my full time job and academic responsibilities. To keep some sense of sanity and maintain good spirits, I decided to learn how to snowboard. Although at first snowboarding seemed a most impossible mission given the long drive to the resort and my inexperience with cold weather, I persevered and by the end of my first day could navigate my way down the mountain. I have since become an accomplished snowboarder, but nothing matches the exhilaration I felt at the end of that first day when I completed my first run without falling. Why have you decided to enter the Fully Employed MBA program? Why is it the appropriate time for you to begin? With the drive, determination, and discipline to both work at my career and attend an MBA program, I am excited to pursue a high quality MBA at UCLA. Interested in acquiring the skill set and technical knowledge necessary to become a hi-tech consultant, the UCLA program will prove central to my future success. As an engineering major in college, I developed excellent analytical skills and improved my problem-solving ability, but I never had the opportunity to take courses exploring business strategy, finance, or market forces. To realize my career goal, I clearly must enhance my abilities in these as well as other areas of business. .ub4d527eabdfbe2b545f73e428040e154 , .ub4d527eabdfbe2b545f73e428040e154 .postImageUrl , .ub4d527eabdfbe2b545f73e428040e154 .centered-text-area { min-height: 80px; position: relative; } .ub4d527eabdfbe2b545f73e428040e154 , .ub4d527eabdfbe2b545f73e428040e154:hover , .ub4d527eabdfbe2b545f73e428040e154:visited , .ub4d527eabdfbe2b545f73e428040e154:active { border:0!important; } .ub4d527eabdfbe2b545f73e428040e154 .clearfix:after { content: ""; display: table; clear: both; } .ub4d527eabdfbe2b545f73e428040e154 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ub4d527eabdfbe2b545f73e428040e154:active , .ub4d527eabdfbe2b545f73e428040e154:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ub4d527eabdfbe2b545f73e428040e154 .centered-text-area { width: 100%; position: relative ; } .ub4d527eabdfbe2b545f73e428040e154 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ub4d527eabdfbe2b545f73e428040e154 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ub4d527eabdfbe2b545f73e428040e154 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ub4d527eabdfbe2b545f73e428040e154:hover .ctaButton { background-color: #34495E!important; } .ub4d527eabdfbe2b545f73e428040e154 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ub4d527eabdfbe2b545f73e428040e154 .ub4d527eabdfbe2b545f73e428040e154-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ub4d527eabdfbe2b545f73e428040e154:after { content: ""; display: block; clear: both; } READ: The Patience of Penelope EssayI believe that the management core at Anderson will provide me with the necessary knowledge to enhance and develop my capabilities. Also, in order to become a successful consultant, it is imperative that I gain a more thorough education in foreign markets, business technology, and competition. As a hi-tech consultant in the twenty-first century, the ability to understand business on a global scale will be highly prized. The International Field Study at Anderson would suit my needs well by allowing students to learn about business by working with foreign companies. Moreover, I look forward to interacting with the highly qualified, diverse students of the Anderson FEMBA program. With only 132 students forming numerous study groups, the program ensures the intimacy necessary to learn from each others varying perspectives and backgrounds. I know I could both contribute and grow in this unique environment where all students are fully employed. From my time as an officer in US Marine Corps and as an employee at a high-tech aerospace company, I have both developed strong team abilities and have seen the value and synergies of combining people with different backgrounds, knowledge, and experience levels. The dynamics created by these teams help produce the most innovative and creative ideas, whether in the Marines or an Anderson classroom. While I will never regret joining the Marine Corps, the five years I spent serving my country led me off the beaten path for achieving my career goals. Although I developed a strong work ethic and a goal-oriented nature, I have not followed the standard path. The FEMBA program will be the great equalizer, ensuring future employers that I have both the personal qualities and rigorous academic training necessary for success. By working full time and working on my masters degree in engineering from the University of Southern California, I have shown that I have what it takes to manage my work schedule while attending a prestigious institution. Now, I seek only the opportunity to prove this again by being admitted to the Fully Employed MBA program. AT UCLA, I will start my way down the path that will lead me to career success and fulfillment as a hi-tech consultant.