Friday, March 20, 2020
The Images of September 11, 2001 â⬠Psychology Essay
The Images of September 11, 2001 ââ¬â Psychology Essay Free Online Research Papers The Images of September 11, 2001 Psychology Essay On September 11, 2001, two planes crashed into the World Trade Centre killing almost three thousand people. During the catastrophic moments before the twin towers collapsed, William Wik, an assistant director for a financial services company on the 92nd floor of the South Tower, informed his wife that he was not prepared to flee and that had to go back into the burning building to try help the remaining survivors. After the South Tower collapsed, William Wikââ¬â¢s body was found amongst the rubble. The attacks on the Word Trade Centre have perhaps highlighted various instances of human endeavour of which William Wikââ¬â¢s willingness to intervene was one example. But why do some people appear to act so selflessly or courageously in such situations? Why would someone rush into a burning building to try and save its occupants, dive into a river to save a drowning person or help someone that had collapsed in the street? The traditional image of a saviour who goes to the assistance of others with little regard for their safety evokes images of a heroic figure. Someone that is brave, strong, courageous and decisive. It is the image of someone that might charge into a burning building to rescue a child seen crying helplessly in the top floor window as flames engulf the rest of the building. A different but similar image of a savour would be someone in the mould of Mother Theresa ââ¬â the selfless and altruistic ââ¬ËGood Samaritanââ¬â¢ ââ¬â who instead of walking past a person in need would instead provide appropriate aid and assistance. These images perhaps suggest that those who intervene in such situations possess personal characteristics over and above those typical to the societal norm. However, a number of studies suggest that personality type alone does not determine behaviour. Instead, consideration needs to be given to other factors, particularly situational circumstances when determining the reasons as to why a bystander will intervene. Hartshorne and May (1929) conducted a study to measure the likelihood of children finding stories for hospitalised children, donating money to charity and giving small gifts to need children. They assumed that they were measuring the degree of a personââ¬â¢s ââ¬Ëaltruistic personality typeââ¬â¢. Aside from weaknesses in the methodology of the experiences and the lack of consideration of other factors such as social conformity that might have affected the results, the study showed little correlation between children helping in one situation and then helping in another. Later studies by Batson, (1998); Piliavin Charng (1990), suggest that people with high scores on personality tests of altruism are not much more likely to help that those with lower scores. Whilst personality factors may have a bearing, studies have shown that factors other than personality eg. situation pressures, social conformity, can have a considerable bearing on whether a bystander will intervene to help someone in need. A number of studies suggest that there are gender differences in the likelihood and extent of pro-social behaviour. Where the intervention requires a degree of heroism or there is an audience present, it would seem that men are more likely to intervene than women (Eagly Crowly, 1986; Crowley, 1987). Men were more likely to help women, rather than other men, particularly where the woman was attractive. This may be explained in evolutionary terms on the basis that women find heroism an attractive trait in men, an attraction derived from ancestral times when men were required to be courageous to ensure survival. Whilst heroism in dangerous circumstances may decrease the risk of survival chances, it would increase the personââ¬â¢s attractiveness to potential partners and accordingly has remained in the gene pool. Where the intervention required a more nurturant or long-term intervention, more women will help than men (George, Caroll, Kersnick et al 1998, McGuire 1994). This would be consistent with traditional social views as to the gender roles of men being heroic and women being nurturing or caring. Aronson 2005, suggests that cultural evidence suggests the same patterns. Other studies have suggested that there are cultural differences in relation to a bystander inventing to help a victim. Whiting and Whiting (1975) considered the behaviour of young children between the ages of 3 and 10 from six different countries: US, Indian, Japan, Phillipines, Mexico and Kenya. Whiting and Whiting found that on one end of the scale, 100% of children in Kenya were high on empathy, whilst on the end, only 8% of children in the US were altruistic. Eisenberg and Mussen (1989) reviewed several studies and concluded that there were large differences from one culture to another. Eysenk (2000) suggests that industrialised societies such as those in the US place considerable emphasis on competition and personal success, which is likely to reduce the likelihood of co-operation and altruism. Additionally, family structures in non-industrialised cultures are likely to be such that altruistic or helping behaviour is more likely to be fostered or developed to a greater degree. The degree of altruism is also likely to be influenced by the prevailing social norm and the pressure ââ¬â express or implied ââ¬â to conform to those norms. Milgram (1977) suggest that person from small towns as opposed to large industrial cities are more likely to intervene to help a person in need. The perceived characteristics of the victim are also likely to have an influence in the likelihood of a bystander intervening. Pilivian, Rodin and Pilivian (1969) conducted an experiment involving a man collapsing on the New York subway. When he smelled of alcohol and carried a bottle of alcohol, he was far less likely to be helped than we he appeared sober and carried a walking stick instead of a bottle. Piliavin et al (1975) conducted a study suggesting that where the victim had a prominent facial birthmark, the likelihood of a bystander helping reduced to 61%, whereas a far higher proportion of bystanders would intervene where the victim did not have such a birthmark. Similar results were found where an artificial blood capsule was used by the victim to give the appearance of blood. Studies suggest that the closeness of the relationship between the person requiring help and the bystander is a factor that contributes towards the likelihood of helping (Geer Jarmecky, 1973; Moriarity 1975, Tikker 1970) or where there is a relationship where the victim is particularly dependant on the bystander (Berkowitz, 1978). Findings by Burnstein et al (1994) suggest that the tendency varies according to the age of the victim. Where the situation was involving a ââ¬Ëlife or deathââ¬â¢ situation, the likelihood of the victim being helped generally decreased the older they were. Where the situation involved an ââ¬Ëeveryday situationââ¬â¢ rather than a ââ¬Ëlife or deathââ¬â¢ situation, infants and the elderly were more likely to be helped that those who were young adults or middle aged. The individual characteristics of the bystander will have an influence on them intervening in a particular situation. Bystanders who have relevant skills or expertise were the most likely to offer help to a victim (Huston et al, 1981). Gaertner and Dovidio (1977) suggested that a perceived similarity between the bystander and the person requiring help can influence the likelihood of intervention. However, the degree of perceived similarity may not need so great, where the situation is one which involves a genuine emergency. A number of studies have shown that situational factors have an influence over the likelihood of a bystander intervening. Where the situation has an ambiguous quality about it, for example, someone who may equally appear drunk or suffering from a heart attack, the likelihood of intervention is reduced (Brickman et al, 1982). Batson et al (1978) suggested that bystanders take into account not only the perceived emergency itself, but also the task that they were undertaking when becoming aware of the emergency. In one experiment, participants were informed that they had to hurry to a destination. Of those that were told to hurry, only 10% stopped to help the victim, compared to 80% who had not been told that they had to hurry to their destination. Where the bystander was experiencing guilt, the likelihood of intervention may be higher (McMillen Austin, 1971; Regan 1972). There are contradictory studies as to whether positive or negative states will increase the likelihood of helping. Thompson et al (1980) suggest that negative emotional states do not always necessarily lead to helping, whereas Ibsen et al (1976) suggest that people is a positive or happy emotional state are more likely to intervene or help someone in need. Batson (1991) put forward an empathy-altruism hypothesis to try and explain why people may go to the assistance of others. He suggests that altruistic behaviour is motivated by empathy. The greater degree of empathy, the greater the likelihood of intervention, even though it may involve some cost (or the absence of a benefit) to the person intervening. According to this hypothesis, when we observe someone in distress, two emotional reactions occur. The first is empathetic concern, and the second is our own personal distress or discomfort. Other commentators (Cialdini et al, 1987), (Maner et al 2002) and Preston De Waal 2002, question whether people help others purely out of altruistic concern and instead suggest that a desire to reduce their own distress in someone suffering is a factor in them intervening. According to Cialdiniââ¬â¢s negative-state relief model, a person who experiences empathy as a result of seeing some suffering, experiences a degree of emotional distress themselves. In order to reduce their own distress, they take steps to help the person in need. Cialdini suggests that empathic concern should not lead to helping behaviour if steps are taken to remove the feelings of distress usually found with empathy. One of most consistent findings regarding the likelihood of bystander intervention is relation to the number of bystanders perceived to be present at an emergency situation. Numerous studies have demonstrated that ââ¬Å"an individualââ¬â¢s likelihood of giving help decreases as the number of other bystanders also witnessing an emergency increasesâ⬠(Latanà ©, Nida Wilson, 1981). This apparent ââ¬Ëbystandar apathyââ¬â¢ was perhaps most apparent in the case of Kitty Genovese. She was stabbed to death, and though 38 people witnessed the murder from their apartments, none of them intervened. Only one person telephoned the police and that was only after considerable thought and only after he had sought the advice from a friend. The police in particular, could not understand why more people had not called the police. Latane and Darley (1968) suggested that a person may be in a more fortunate position where there is just one bystander rather than several. In such a situation, responsibility falls on them personally to take action rather than being spread amongst many. The greater the number of bystanders, the greater the diffusion of responsibility and the less likelihood of intervention. Latanà © and Darleyââ¬â¢s (1970) subsequently put forward a decision-making model to try and explain their various findings on bystander intervention. This model involves a sequence of decisions that must be made before intervention takes place:- Is something the matter? Is the event or incident interpreted as one in which assistance is required? Should the bystander accept personal responsibility? What kind of help should be provided by the bystander? Should the help required actually be carried out? Piliavin et al (1981) put forward an arousal / cost-reward model to try and explain the decision making process that a bystander may adopt in deciding whether to intervene:- Becoming aware of someoneââ¬â¢s need for help. Experience and degree of arousal Interpreting cues and labeling their state of arousal Working out the rewards and costs associated with different actions Making a decision and acting on it. According to Piliavin et al, the costs and rewards are arguable the most significant factor. Costs of helping could include the risk of physical harm, delay in carrying out other tasks. Rewards of helping could include praise, personal satisfaction. Costs of not helping could be guilt, self-criticism, criticism from others. Rewards of not helping would be less risk of harm and ability to continue with other activities. In conclusion, the various studies show that whether help is given by a bystander to victim depends personal characteristics, situational factors and empathy. The effect of a bystanderââ¬â¢s personal characteristics on their likelihood of intervening isnââ¬â¢t as pronounced as one might expect, although factors such as mood, social or moral values, and competence do have an influence. It would be interesting to examine situations where many or all of these influencing factors are present and assess which factors, if any, have a more dominant effect over others. However, this give to methodological and practical difficulties in assessing the weighting or influence of each factor. Learning reflection. Iââ¬â¢ve found doing this assignment very difficult. No so much in the subject matter itself, but in simply having the time and space to consider all the materials and then being in the right frame of mind to think about the issues. Doing the job which I do involves something similar to writing these types of assignments ââ¬â the subject matter is different but both involve wading through documents and evidence, evaluating the information and then putting together an argument. However, the job is significantly more burdensome ââ¬â much more material to read, in a shorter space of time, together with other significant pressures and conflicts. More often than not, my brain is shot to pieces by the time I get home. Analysing further information perhaps results in overload. I tend to work best when Iââ¬â¢m relaxed and have the time and space to think about the issues. Perhaps it would be easier for me to do several psychology assignments concurrently rather than consecutiv ely with set time limits. I have to undertake several parallel streams of work concurrently as part of my job, so it wouldnââ¬â¢t be something new to me. Bystander intervention has quite an interesting topic, although would seem that whatever can be said on bystander intervention has already been said in the various studies or texts on the subject. The assignment title is quite generalised. I would have preferred to ââ¬Ëdrill downââ¬â¢ into a specific aspect of bystander intervention and focus on that. That may have provided an opportunity to be more innovative or original. Otherwise, its difficult not to simply present information thatââ¬â¢s previously been presented by someone else. I read somewhere that when doing these types of assignments a person should evaluate and critique the various studies. Critique is all very well and good and saying for example, that a particular methodology is flawed because participants to an experiment were given ââ¬Ëmood pillsââ¬â¢ that would affect their empathy, but critique of itself is annoying unless solutions are also presented or thereââ¬â¢s an acknowledgment or understanding as why there were difficulties in the methodology of the experiment in the first place. Research Papers on The Images of September 11, 2001 - Psychology EssayEffects of Television Violence on ChildrenThree Concepts of PsychodynamicMarketing of Lifeboy Soap A Unilever ProductComparison: Letter from Birmingham and CritoMind TravelInfluences of Socio-Economic Status of Married MalesPersonal Experience with Teen PregnancyAnalysis Of A Cosmetics AdvertisementResearch Process Part OneCapital Punishment
Tuesday, March 3, 2020
Geography of the Korean Peninsula
Geography of the Korean Peninsula The Korean Peninsula is an area located in Eastern Asia. It extends south from the main part of the Asian continent for about 683 miles (1,100 km). As a peninsula, it is surrounded by water on three sides and there are five bodies of water that touch it. These waters include the Sea of Japan, the Yellow Sea, the Korea Strait, the Cheju Strait and Korea Bay. The Korean Peninsula also covers a total land area of 84,610 miles (219,140 km).The Korean Peninsula has been inhabited by humans since prehistoric times and several ancient dynasties and empires controlled the area. During its early history the Korean Peninsula was occupied by a single country, Korea, but after World War II, it was split into North Korea and South Korea. The largest city on the Korean Peninsula is Seoul, the capital of South Korea. Pyongyang, the capital of North Korea, is another large city on the peninsula.Most recently the Korean Peninsula has been in the news due to growing conflicts and tensions between Nort h and South Korea. There have been years of hostilities between the two nations but on November 23, 2010, North Korea launched an artillery attack on South Korea. This was the first confirmed direct attack on South Korea since the end of the Korean War in 1953 (there are also claims that North Korea sunk the South Korean warship the Cheonan in March 2010 but North Korea denies responsibility). As a result of the attack, South Korea responded by deploying fighter jets and firing lasted for a short time over the Yellow Sea. Since then, tensions have remained and South Korea has practiced military drills with the United States. Topography and Geology of the Korean Peninsula About 70% of the Korean Peninsula is covered by mountains, although there are some arable lands on the plains between the mountain ranges. These areas are small however so any agriculture is confined to certain areas around the peninsula. The most mountainous regions of the Korean Peninsula are the north and east and the highest mountains are in the northern part. The highest mountain on the Korean Peninsula is Baekdu Mountain at 9,002 feet (2,744 m). This mountain is a volcano and it is located on the border between North Korea and China.The Korean Peninsula has a total of 5,255 miles (8,458 km) of coastline. The south and west coasts are also very irregular and the peninsula thus also consists of thousands of islands. In total there are about 3,579 islands off the coast of the peninsula.In terms of its geology, the Korean Peninsula is slightly geologically active with its highest mountain, Baekdu Mountain, having last erupted in 1903. In addition, there are also crater lakes in oth er mountains, indicating volcanism. There are also hot springs spread throughout the peninsula and small earthquakes are not uncommon. Climate of the Korean Peninsula The climate of the Korean Peninsula varies highly based upon location. In the south, it is relatively warm and wet because it is affected by the East Korean Warm Current, whereas the northern parts are usually much colder because more of its weather comes from northern locations like Siberia. The entire peninsula is also affected by the East Asian Monsoon and rain is very common in midsummer, and typhoons are not uncommon in the fall.The Korean Peninsulas largest cities, Pyongyang and Seoul vary also and Pyongyang is much colder (it is in the north) with an average January low temperature of 13ÃÅ¡F (-11ÃÅ¡C) and the average August high 84ÃÅ¡F (29ÃÅ¡C). The average January low temperature for Seoul is 21ÃÅ¡F (-6ÃÅ¡C) and the average August high temperature is 85ÃÅ¡F (29.5ÃÅ¡C). Biodiversity of the Korean Peninsula The Korean Peninsula is considered a biodiverse place with over 3,000 species of plants. Over 500 of these are native only to the peninsula. The distribution of species over the peninsula also varies with location, which is mainly due to the topography and climate throughout it. Thus the different plant regions are divided into zones which are called the warm-temperate, temperate and cold temperate. Most of the peninsula consists of the temperate zone. Sources CNN Wire Staff. (29 November 2010). Seoul Warns: Dear Price if North Korea Attacks Again. CNN World. Retrieved from: cnn.com/2010/WORLD/asiapcf/11/29/koreas.crisis/index.htmlCNN Wire Staff. (24 November 2010). After North Korean Strike, South Korean Leader Threatens Retaliation. CNN World. Retrieved from: cnn.com/2010/WORLD/asiapcf/11/23/nkorea.skorea.military.fire/index.html?hptT1Wikipedia.org. (28 November 2010). Korean Peninsula - Wikipedia, the Free Encyclopedia. Retrieved from: http://en.wikipedia.org/wiki/Korean_PeninsulaWorldAtlas.com. (n.d.). Korean Peninsula Map, Map of North and South Korea, Korea Information and Facts - WorldAtlas.com. Retrieved from: worldatlas.com/webimage/countrys/asia/koreanpn.htm
Sunday, February 16, 2020
Homelesssness in uk Essay Example | Topics and Well Written Essays - 1000 words
Homelesssness in uk - Essay Example Thus, the given paper will provide the analysis of the causes of homelessness and the current situation in the UK. The laws of the United Kingdom put homeless people in very difficult situation. Due to the fact that since 1990s, housing policy in the UK has been a devolved matter, thus, homeless has not receive According to the research, millions of people are ââ¬Ëhidden homelessââ¬â¢. This term can be applied to the families, which have to live with relatives or other families, because they have no money to pay for their separate residence, and ââ¬Ësofa surfersââ¬â¢ who had to spend night in their friendsââ¬â¢ apartment. In 2013 the number of such amounted to 2,414 ââ¬â37% more than in 2010. However, not all the cases are included in statistics and the real number of ââ¬Å"sofa surfersâ⬠can be much higher (Patrick Butler 2015) Investigations show that the issue is becoming more and more complicated, thus it needs urgent resolution. The measures should be taken in practice and pure theoretical research is not enough. Homelessness occurs because of personââ¬â¢s life circumstances and the conditions created by the government. The reforms directed on the standard of level increase are the best way out (Patrick Butler 2015). Recent reforms such as benefits cuts contributed to the growth of number of homeless. 2. Structural reasons Structural consequences of homelessness affect the economy of the state and the standard of living in the society, moreover, they are very difficult to be monitored. The growth of unemployment rate and poverty are the main causes of homelessness The majority of homeless people do not consider themselves guilty in being homeless. They accuse their relatives, spouses, friends or other circumstances. The homeless consider welfare reforms to be the best way to struggle with the problem. Homelessness prevents people from living normal life. They appear to be isolated from the society, because they are homeless. Very often they remain uneducated, have
Sunday, February 2, 2020
Case about International Commercial Arbitration Essay
Case about International Commercial Arbitration - Essay Example In the case of CalCo and IndCo, while disputes arose between them, CalCo filed a request for arbitration with ICC claiming various defaults and damages due to breaching contracts before attempting to resolve disputes inter alia. When IndCo filed suit in Mumbai High Court seeking inter alia with CalCo before the arbitration proceeding to be done and argued the contract was invalid or incapable of being performed the claimant filed a claim with California Federal Court to compel arbitration proceedings. IndCo responded saying that American court should wait until Mumbai court decides on the case and the contract has violated US antitrust laws. IndCo was still on the argument that the case is not arbitrable. According to the ââ¬Ëarbitrational clauseââ¬â¢ that both IndCo and CalCo agreed upon, each party has to appoint one arbitrator and the third one shall be appointed by Indian Chamber of Commerce, but this was not considered by ICC. Even though ICC tribunal decided that the case has close connection with Indian law and hence the contract is valid and awarded the claimant $ 2,000,000, the primary claims of IndCo that it is not arbitrable as according to their clause that an arbitration can be done only when both parties are unable to solve by negotiation, and secondly the appointment of arbitrators is not according to what both parties had agreed upon can be considered to be valid but this was not so considered by ICC. According to Article 10 of ICC (2008), ââ¬Å"In the absence of such a joint nomination and where all parties are unable to agree to a method for the constitution of the Arbitral Tribunal, the Court may appoint each member of the Arbitral Tribunal and shall designate one of them to act as chairman. In such case, the Court shall be at liberty to choose any person it regards as suitable to act as arbitrator, applying Article 9 when it considers this appropriateâ⬠(p. 9).
Saturday, January 25, 2020
Analysis Of The Financial Statements Of Coca Cola Finance Essay
Analysis Of The Financial Statements Of Coca Cola Finance Essay The firm and the outside providers of the capital that is the investors and the creditors will all take the financial statements into considerations .The Investor in the companys will be interested in the present and future expected earning of the company . As a result the investoes will be interested in the profitability of the company usually this will be their focus of their analysis. They are also concerned with the firm ability of the firm to pay dividends Internal management will also employ financial analysis for the following reasons: Better purpose of internal control Management need to undertake financial analysis in order to plan and control effectively The financial manager is particularly concerned with the return on investment provided by various assets of the company. Financial statements Financial analysis is the art of transforming data from financial statement into information that is useful for decision making. Balance sheet: A summary of a firm financial position on a given data that shows total assets =total liabilities + owners equity INCOME STATEMENT:- A summary of a firms revenues and expenses over a specified period ending net income or loss for a period. Cash flow statements:- Is a financial Statements that shows how changes in the balance sheet accounts and income affects cash and cash equivalents and break the analysis down to operating investing and finance activities. FINANCIAL ANALYSIS FINANCIAL STATEMENTS Balance sheet Cash Flow Statement INCOME STATEMENT COCA COLA BACKGROUND INFORMATION The coca cola company is the worlds largest produces of non alcoholic beverages concentrates and syrups.This company is based in atalnta, gerogia which makes concentrated form of beverages and sells them to the retailers. The company has its operation in more that 200 countries and sells nearly up to 100 different brands .Coca cola is now one of the worlds largest co-operation with a global workforcw of 90000. Over the years the brand equity of Coca cola trade mark,the produces brands ,has established the company a prominent figure in the non alcoholic industry and allowed comapnay to maintain high revenue and profits . The Coca-Cola Companys major offerings include such as coca -cola, sprite ,Fanta ,coke zero etc. EVALUATION Liquidity (Appendix A) Current Ratio: The current ration from the years 2007 to 2009(Appendix A) has been increasing but when compared to the standard ration 2:1 these ratios are much lower which shows short term liquidity effencicy and inefficient use of resources.Some corrective measures should be taken by the management to maintain the resources. Acid test ratio:This show the ability of the firm to pay its current obligation more quickly without considering the inventory and per-paid expenses . From the ratios (Appendix A) the firm has no trouble in meeting its current obligation ;there is an incline in the ratio and the company has the ability to meet the current obligation. working capital: The working capital of the company (Appendix A) when seen from 2007 to 2008 the net working capital was negative and the situation was alarming.The ablity of the firm to meet its current expenses for day to day operation shows a constraint. But in 009 the working capital shows a positive impact. Receivables Turnover:In Coca cola the number of times receivables are converted into cash has showed continuous varation from 2007 to 2009. In 2007 the accounts receivables turnover showed incline but again in 2008 due to the financial crisis it has showed a decline. So improvement has been made in 2009 in collection of accounts receivables. So overall situation is quite satisfactory. AVERAGE COLLECTION PERIOD: In coca cola the number of days requires to collect receivables have increased over the time; it shows the ineffective management of the credit department. So this ratio shows the negetive trend as efficiency has not improved Days sales in inventory: In coca cola the number of days requires to collect receivables have increased over the time; it shows the ineffective management of the credit department. So this ratio shows the negetive trend as efficiency has not improved. Inventory turnover: In coca cola cash were increased in 2007 and 2009. This was indication of negative trend. However improvement has been made in 2008. Leverage (Appendix A) Leverage ratios measure the degree of protection of suppliers of long term funds. The level of leverage depends on a lot of factors such as availability of collateral, strength of operating cash flow and tax treatments. Thus, investors should be careful about comparing financial leverage between companies from different industries. In Coco cola The amount of funds provided by creditors in relation to total assets has been the same from 2007 to 2009. Debt- to total -asset ratio it is obvious that amount of funds provided by creditors to purchase total assets are continuously remaining the same. As in last 3 years the more than 25% of the total assts are being financed by creditors, so the current situation is quite alarming. Operating cash flow that show a great percentage increase which the suppliers and the investors should see . Profitability(Appendix A) It is this ratio analysis which would give an insight into the prfotability of the firm , as it would help the investors analysi the combined effect of the liquidity of the firm , its dividend yield Earning pershare , revenue growth and the are all important for the survival of the firm. This would tell how the company has been utilizing its resources in generating profits and shareholders value. GROSS PROFIT MARGIN: In coca cola the gross profit margin of the organization has showed a continuous increased from 2007 to 2009. But the above time serious analysis clearly implicit, that the ability of the organization to generate profit is improving. The management has taken reasonable as well as tremendous efforts to improve profitability. Net Profit Margin: In coca cola although there was slight decline in 2007 from 2008 due to the financial crisis net profit margin , but in 2009 serious analysis clearly implicit, that the ability of the organization to generate profit is improving. This showed that the management is managing it selling and admin expenses efficiently and effectively with increasing sales profit to add more to net profits. Profit generation capability is showing positive trend over the years. Operating Income margin: In coca cola operating profit was increased in 2009 from 2008 . It was decreased in 2008 as compared to previous year. However in 2009 a considerable increased has occurred. Operating profit has increased considerably. So the overall situation is quite satisfactory. Return on Equity: The Return on Equity was maximum in 2008 but decreased in 2009 and went down more in 2007 . This again may have happened due to the issue of more long-term debt recession. Return on investment: The overall trend is positive over the timeperiod. The return on investment has increased considerably from 2007 to 2009, which indicates that funds are being utilized effectively to generate revenue. INVESTOR ANALYSIS(Appendix A) DEGREE OF FINANCIAL LEVERAGE: The degree of financial leverage is fluctuating over the time period. It was improved in year 2009 and 2007 but, in 2008 once again it indicate a negative trend. The loan is not being utilized efficiently to made more earnings available toshareholders. So the above trend needs corrective action. Earning Per Share: Earning per share has been increased continuously. It is obvious, that earning capacity of the organization is improving continuously with the time. Earning made on each share of the stockholders equity is increasing. This showed that the shareholders fund is being used efficiently and effectively to maximize the shareholders wealth. Price / Earning Ratio: Price/earning ratio has been decreasing continuously over the three years. It has decreased considerably in 2008. It reflects a very bad indication on the price of the share. It is quite alarming for the marker price of the stock. Corrective action should be taken immediately. Dividend Yield: Dividend yield which shows dividend per share in relation to market price per share. It was decreasing from 2008 to 2009. Dividend yield showed improvement in 2008 as compared to previous 3 years. So the above analysis shows that some improvement has been made. Book Value per Share: It relates the stockholders equity to the number of shares outstanding, giving the shares a raw value. Comparing the market value to the book value can indicate whether or not the stock in overvalued or undervalued. CRITICAL ANALYSIS: (Appendix A) The fizz is back in Coca-Colas stock. As we can see in the envaluation the company is generating a huge amount of cash flow of 44.70 billion and about $2.93 per share.It has made a net prfit margin of 20.55% in 2009 and a return on equity of about 26.92% . Any one would tell that this is a fabulous company. The company last year saw profit and sales rise following a strong performance in the developing markets. Coca-Cola remains financially awesome and its drinks will be sold even if the economy cools off. The company has moved into the an emerging consumer market such as China , as now China is taking is firt sip of Coca cola.If the history is any guide, the people of that country will get hookied to Coca cola nad will become their loyal customers. Coca cola has a strong Earning per share and this would continue growing for the next 2 to 5 years. The stock would hit $62 within this year. Coca-Cola shares were trading at a price-earnings ratio of 19.45 Coca-Colas stock has gained about 20% more than the Standard Poors 500 Index ($INX) over the past five years Earnings growth in the past year has moved up moderately compared to earnings growth in the past years. Positive. Coca-Colas stock actually looks like a good investment now that it is starting to benefit from a renewed focus on aggressively retooling its product mix. The coca cola stock where fluctuating from $45-69, the price of Coca cola stock now is $53.61which is actually down. The company is now willing to take risks on new brands to capture the strength of hip soft-drink trends such as energy drinks and flavored waters. From now on I can see that Coca-Cola is gaining market share through out the globe. Its safe for investors to assume that the growth in the most recent years is not a fake, but the beginning of a trend the shares will grow steadily higher. As of now I guess that the company has a drop in business in Europe and latin America Developing markets such as China, Africa and India posted double-digit growth in unit volume led in part by carbonated beverages such as Coke and Sprite. The analysi of coca cola would not be complete without taking intpo the consideration the brand recogination because it is one of the billion companies in the world that people recognize. Its hard to tell the worth of coke brand but you can be sure that its an essential ingredient contributing to the companys ongoing success SELECTED COMPITETOR PepsiCo Pepsico is the compitetos for coca cola in the non alcoholic beverge industry. It has 31% of the total maket shar as when comapered to coke which has 42.8%. U.S. non-alcoholic beverage market share, by volume PEP has many brands some very well known Mountain Dew Aquafina Tropicana and Lipton Both the companies are working hard to grab a larger share in the market and for the title of the best soda producer in the world ,both the companies have a similar taste in the investment portfolio.both the companies share equal powerful brand names and global franchises , but when it comes to profit, revenue EPS dididend yield and othe terms realeted to investment in their stock both different in different ways. But during the period of recession both the companies had problems making the stock prices and the revenue incomes , the management of pepsico was far better as we get to see in the critical analysi of the assignment , Pepsico has a larger revenue , due to diversifation of its product lines. Liquidity In the receivables area ,PepsiCo is ahead of coca cola. Coca-cola is better off with the days sales in receivables, but substantially behind either per year and account receivable turnover, days. In the inventory area, Coco cola appears to be ahead of PepsiCo. They do have some what different Inventory methods, which could account for the difference. Coca-Cola has a slightly higher operating cycle ,Which favors PepsiCo Working capital cannot be compared .PepsiCo is materially better that Coca cola PepsiCo current ratio is materially higher than Coca colas. This is necessarily bood because the Coca-cola current ratio is very good and PepsiCo possibly has to many inventory. Coca cola and PepsiCo acid test ratio are both quite the same, which is good. Coca-Cola cash on hand is much better than PepsiCo. Leverages: PepsiCo did better in debt ratio ,debt/equity ratio, and tangible net worth ,Cocacola has good ration in these areas. Coca cola has a materially better operating cash flow/total debt .PepsiCo debt indicator appears to be materially better than Coca cola. The Coca-Cola indicators are good. Profitability Coca-Cola has a number of profitability indicators that are materially better than PepsiCo. Included here are net profit margin, return on investment, return on equity. PepsiCo has a number of profitability indicators that are better than coca cola.In general, PepsiCo s profitability appears to be materially better than coca cola. Investors Analysis Neither company has a high degree of financial leverage ,but Coca-Cola is lower. price/earning ratio is slightly higher for coca cola . Take a note liquidity is better for PepsiCo ,long tern debt paying ability was materially better for PepsiCo and the profitability was materially better for PepsiCo . The Investors Analysis appears to be better for PepsiCo that that of Coca-Cola .Considering the liquidity , long-term debt paying ability and the profitability we would expect PepsiCo price/earning ratio to be higher than Coca-Cola . Getting technical (Appendix B) The stock to see them how they have been performed I took a look at the chart of 4 years price of the stock , in the chart for the coca cola share we see that Coke has done remarkably very well in 2007 but in December 2008 we see that the stock proce has come dwn . even because of this , the stock boasts a total return, including dividends, of about 23% for the past year. But PepsiCo has held its ground better In terms of fundamentals, Pepsi seems to have the slight advantage. While Coca-Cola does have the higher figures, Pepsi has the better margins in terms of operating margins, revenue, and profit which is more important for growing companies. During the 2009 pepsi had a better EPS in their statements. The past year Coca-Cola has only remain in a five dollar range, showing little fluctuation patterns for speculators or investors. While this seems to be bad in coca cola ,the value seems to have increased to its maximum, but we can also see a drop in the prices of shre of Coca cola when compared to 2007 and 2009.While pepsico has seen continued growth throughout its tenure in a nice steady growth pattern. The company is in its prime of its careerand this should be able to carry the stock to high numbers for at least a decade.By investing now in pepsi, the investos have an opportunity to see pepsi rise to near 80-100 points by 2010.and possibility of more by 2015. Such as a process is also favorable with its dividend payoff which allows for reinvestments to increase gains. Likewise, I give PepsiCo an edge on the product side. Both companies have done very well navigating a beverage market that is always evolving. PepsiCo owns the Gatorade brand, which is popular with the athletic set; Coca-Cola purchased the trendy Vitamin Water line in 2007. Depending on the market situation in tha klast two years coke stock trades at 10.8 times the analyst earning while pepsico 11.3 times , which indicates that pepsico is doing better. My expectation is that coke profits would grow to 9 percent over the next five years ,but pepsico would grow at 11 percent ,which is behind the forcast. To me, thats an edge for PepsiCo, because the company has more room for overseas growth. This sort of competition keeps both companies innovative, aggressive and eager to please consumers and shareholders. Pepsi has the edge over Coke in price performance, with a total return, including dividends, Looking at longer-term patterns, PepsiCo has a decided edge. Over 10 years, PepsiCo has an even bigger advantage. EVALUATION OF FINANCIAL MARKETS 2008 financial crisis: Coca-Cola Coca cola is selling its products all over the world and it would be a safe investment for the people if they are buying the shares people as I realize that due to the economice crisis investors think twice before they actually buy the stock , the prices of the shaers are increasing and this indicates that the growth will be more as the days pass by. 2009 results. Despite the economic downturn, the company increased its sales by 2 percent in the United States and by 3 percent worldwide. In India, Coca-Colas business grew by 31 percent between January and March 2009. In 2008, sales revenue increased by 7 percent in Brazil In the 2008 due to this crisi profit fell 3 percent to $5.81 billion, or $2.49 per share, from $5.98 billion, or $2.57 per share, in 2007. Commodity Cost Fluctuations Affect Margins:. The varaiation in the prices of the raw materials would directly and indirectly affect the production coas which in turn would affect the profitability of Coca cola. Here Coca cola itself would be directly purchasing the raw materials which are used to make the concertes nad syrups.varation in the prices of these would affect the cost of production of as wellas the profit margins Here also the change in the production cost os the bottlers can also impact the coca cola profitability in and indirect way though. If the raw material becomes more that is necessary for bottling then ,the bottlers would be forced to increase the prices to compensate. Such a nature would hurt the profitabitity of the company , in such an competitive nature of the non alcoholic beverage company.and would be possible incentive for the consumers to switch over to other companies beverages. The prices of these commodities rose in 2007 and dramatically pressured margins. significant rise in Commodities represents a constant threat to profits. Dollar Affects International Performance : The another factor for the decrease in the profit and revenue was the affect in the dollar performance. Although the company was based in north America more that 76% of its revenues was derived from outside north America.Because of this the company is very sensitive to the strength in Dollar price.As the prices of the other currencies weaken relative to dollar , goods that are sold outside the US are worth back in the US, lowering earmning. Thus, if the dollar strengthens (as it did in the second half of 2008 and 2009), it has a negative effect on Coca cola earnings. Coca-Cola expect currency fluctuations to adversely operating income by 10-12% . The Global Economic Recession Threatens Overall Demand http://cdn.wikinvest.com/i/px.gif: In the 2008 -2009 the global economic recession , the credit crunch had a major impact on the sales and revenues of the COCA COLA company as because the consumers where not able to afford the price of coca cola during that period , the company had also increased the prices of their product because of the increase in the price of their commodity. Conclusion and recommendations
Friday, January 17, 2020
What Was the Best Gift That You Have Given or Received?
Heather Nguyen Writing V Date: Sep- 19-12 Topic: What was the best gift that you have given or received? What make this gift special? ââ¬Å"The only way that you can ever know if something is of value to you is by the way it feels as you are receiving itâ⬠. We all would like to have a gift, even if the gift is invaluable or inexpensive; it also brings for all of us happiness and respectability. To me, the day I gave birth to my son is the gift I have received which changed my life forever.No word can describe how special my gift means to me. As someone quotes: ââ¬Å"Somebody said that a child is carried in its motherââ¬â¢s womb for 9 months. Somebody does not know that a child is carried in its motherââ¬â¢s heart foreverâ⬠. When he entered this world with the first sound of his crying, I knew that we blended for life. God brought my son to me as a non material gift. It was amazing while I was pregnant, the movement inside the womb, the kicks when he heard a noiseâ⠬ ¦My pregnancy was difficulty but I really enjoyed it.This gift made me stop and realize how precious and special life truly is. My house is filled full with his smiles, kisses, hugs, laughs, and loveâ⬠¦I cannot imagine what my life would be like without him. He is truly a gift. He means the world to me. I am very proud to have him in my life. Sometimes I get too much depression because of real life; I look at him, and forget what I have been though. He makes me laugh and reminds me to slow down and enjoy life. He is a miracle that makes my life happier.On the other hand, I do not have time for myself; I work harder to raise him. For example; I always wake up in the middle of the night because he is crying. Over all, even if I knew how difficult it was being, I will do anything I can do for him to become a good person. Gifts are something that are unforgettable and love the person who gives it to you. Gifts can bring people closer together. I thank God everyday for giving me t his wonderful gift. No gift that I ever received in my life can compare to this . My son is truly a special gift to me.
Thursday, January 9, 2020
Essay on Pulling the Trigger on Gun Rights - 1050 Words
Guns have been in the publicââ¬â¢s hands for over a thousand years. Firearms have been used to hunt, to protect, settle differences, and win wars. Today the government is trying to find ways to revoke the 2nd amendment, so that only the police and military can carry guns. The second amendment is the individual right to keep and bear arms. This push to eliminate society from having guns in their possession is said to protect citizens. Pro-gun citizens are upset that the government is trying to take away their guns, because it would be harder to protect them-selves from people that get guns illegally or use their guns to harm others. Anti-gun citizens are happy, because they believe that crime, and shootings will decrease due to the fact thatâ⬠¦show more contentâ⬠¦One of the main causes of revoking guns from citizens is the fact that it is too easy for citizen to buy guns. Almost any United States citizen can buy a gun. In Arizona all you need is ââ¬Å"to be 18, have enoug h money for the gun, and pass an instant criminal background check; which takes about one minuteâ⬠(ADTF, 2014, para 1). These requirements are minimal and make it so almost anyone can get a gun. The background check is so fast it that it is inaccurate at identifying if the buyer is a criminal. Another way to buy a gun is from a private dealer. ââ¬Å"In most states buying a gun from a private seller does not require a background check; incredibly, nothing is needed to legally buy a gun from a private seller in most statesâ⬠(Anderson, 2013, para 1). This makes it simple for anyone especially criminals to obtain a gun; when all they need to do is come to an agreement with the dealer. ââ¬Å"About 6.6 million guns are purchased without a background check and this is how the majority of criminals get their guns (Anderson, 2013, para 2). They have found a loophole to get a gun in a legal way, without having a background check done. As you can see, this can be a big problem a nd causes the need to revoke or fix gun laws. Another cause to this issue is the constant mass shootings over the past few years. A mass shooting is when one kills four or more people with guns, not including themselves. There has been four mass shootings this yearShow MoreRelatedLimiting Our Protection : The Rights Of A Free State, The Right Of The People1135 Words à |à 5 Pagesstate, the right of the people to keep and bear arms, shall not be infringed.â⬠In 1911, Turkey established gun control. From 1915 to 1917, 1.5 million Armenians, unable to defend themselves, were rounded up and exterminated.(A Little Gun History) There are more statistics that prove that limiting your right to bear arms and gun control is ineffective. The right to bear arms shouldnââ¬â¢t be limited because, guns donââ¬â¢t kill people, people kill people, no studies have shown to prove that gun ownership increasesRead MorePersuasive Essay On Gun Control1105 Words à |à 5 Pagesthe victims ranging from the ages of 5 to 72. Gun control has been an issue in the United states since the 1960ââ¬â¢s. Many innocent lives have been lost because the use of guns are uncontrollable. As a result, that makes it easier for teens and elders to get their hands on a gun. Living in Boston has shown me how guns are impacting the community. With that being said, these questions has been brought to my attention; What are the effects on carrying a gun either legally or illegally without harsh rulingRead MoreThe Freedom Of Bear Arms1458 Words à |à 6 Pagesthe United States today is the freedom to bear arms. There are split beliefs on this issue. Some people are against people being permitted to have a firearm because guns kill people. Other people are for being permitted to have a firearm because guns do not kill people on their own. It is the person behind the gun pulling the trigger that kills a person. In this paper, I will discuss both sides of this huge, nationwide issue. The founding fathers, John Adams, Benjamin Franklin, Alexander HamiltonRead MoreGun Control Is A Decent Answer For The United States1183 Words à |à 5 PagesThroughout the years there have been numerous of debate confrontations about regardless of whether weapon control is a decent answer for the United States. Therefore, two extremely particular sides have shaped: one for gun control and one against it. As of late, the pro weapon control side has contended that the numerous school shootings were halfway an aftereffect of our nation s negligible firearm control. To numerous this might appear like a sensible contention, however in actuality it is anRead MoreFire Arms: The Foundation of Our Country724 Words à |à 3 Pages The United States has had a gun culture since the start of our country. Our country was founded around guns. We won the American Revolution with personal owned firearms, and they protected us while we explored the new land. They helped provide food in the ea rly times of our country. They were necessary, and still are. Our founding fathers made sure that we, Americans, had the right to bear arms. Today some people want to take that right away, and they should not be allowed to. Firearms in presentRead MoreBetter Mental Health Care Will Stop Senseless Shootings Essay1010 Words à |à 5 Pagessociety today is the power of gun rights versus gun control. For the last few decades, the hot topic as regards to the availability of assorted firearms within the United States of America has been characterized by concerns about a right to bear arms found in the Second Amendment to the U.S Constitution, and the responsibility of government to prevent crime and deaths. The biggest component of the Gun Control debate is whether existing gun laws are sufficient, or whether more gun laws are needed. SupportersRead MoreGuns Don t Kill People932 Words à |à 4 Pagespeople think guns are the problem because guns donââ¬â¢t kill people, strict gun laws arenââ¬â¢t the problem and more people die from car crashes than guns. Supposedly California has the strictest gun laws in the country. In 2015, we have lost 8,500 people due to gun related incidents. However, we have lost 37,000 people due to car accidents. People want to ban guns because they are ââ¬Å"dangerousâ⬠but after some research, cars seems to be the most ââ¬Å"dangerousâ⬠. When people sit there and say ââ¬Å"Guns kill peopleRead MoreI m At Orson s Condo1190 Words à |à 5 Pageslooked around and then pulled the gun, pushed off the safety, put it in the right front pocket of his coat and kept his hand on it, finger on the trigger. He grimaced as he, with his left hand, unzipped his coat fully. ââ¬Å"This is it,â⬠he said, conscious of the micro-cassette recording. ââ¬Å"Iââ¬â¢m at Orsonââ¬â¢s condo and Iââ¬â¢m about to knock on his door.â⬠Denny tried to steady himself. There was a peephole, a light behind it. He checked both ways down the hallway and pulled the gun but kept it well below the levelRead MoreThe Dichotomy Over Civilian Gun Control1256 Words à |à 6 PagesStates has been split by a dichotomy over civilian gun control. ââ¬Å"Gun control is the term used to describe how firearms may be legally produced, sold, and used,â⬠(Gale). As stated in the Second Amendment of the U.S. Constitution, ââ¬Å"ââ¬ËA well regulated militia, being necessary to the security of a free State, the right of the people to keep and bear arms, shall not be infringed,â⬠(Gottesman/Brown). However, ââ¬Å"research seems to indicate that owning a gun or even just seeing one [can] change how people behaveRead MoreHow to Load Unload a 12/20 Gauge Shotgun1727 Words à |à 7 Pagesthe guns. These directions provide you with safe, detailed instructions how to correctly load and unload your 12/20 gauge shotgun wither you are using it for recreational, personal or emergency use. The most important key to loading any firearm is safety. Being safe at all times allows lean room for error and accidents. There are three main safety rules: always keep the gun pointed in a safe direction away from anything you are not willing to shoot, always keep your finger off the trigger unless
Subscribe to:
Posts (Atom)