The Admirable Priest

Leo Buscaglia, an American author and motivational speaker, once said â€Å"Too often we underestimate the power of a touch, smile, a kind word, a listening ear, an honest compliment, or the smallest act of caring, all of which can turn a life around†. In â€Å"First Confession† by Frank O’Connor, a priest shows compassion when a little boy is scared out of his wits because of his first confession. After the confession is over with Jackie, the little boy feels better about his sins and, because of how the priest dealt with him, Jackie, is no longer stressing his past actions. When dealing with the scared boy’s fear, the priest handles the situation with humor, kindness, and by sympathizing with the young boy. Humor can change ones outlook on a situation as a whole. The priest senses that Jackie is fearful of his first confession and decides to lighten that fear by using humor. After Jackie tells the priest his arranged plans to kill his grandmother, the priest pretends to be shocked by this comment and starts to question his motives. This shows the reader that the priest has a humorous side to his character. In response, the priest leads Jackie to believe that he has seen lots of men hanged for killing their grandmothers too, but none of them said it is worth it. He uses humor in this way by steering Jackie clear of the direction of not killing anyone. Although Jackie cannot tell that the priest is only kidding, this gives off a humorous vibe to the reader because we can tell the priest knows that Jackie is just a child and he means no harm to anyone. The priest is very kind towards Jackie as he acknowledges the boy’s sins. He helps Jackie come to the realization that he is not evil, but that everyone has their bad moments. The way the priest talks to Jackie as if they are friends lightens the mood and gets Jackie to open up more to the priest. After confession is over with, the priest gives the boy candy and even spends time talking with Jackie, showing the readers that there is a fondness between the two characters. Usually priests are thought to be strict individuals, but he shows us that he is still a person too. When handling children, one always needs to remember to be sympathetic because children do not always know the full consequences of their actions. Priests are forgiving people, but the priest in â€Å"First Confession† is so much more than just forgiving. The priest is sympathetic towards Jackie and gives him three Hail Marys as his punishment for planning to kill his grandmother and trying to kill his sister with a bread-knife. Taking into consideration that Jackie is a naive character who has been manipulated into thinking he is a horrifying person, the priest settles with three Hail Marys because he knows that Jackie is a in fact a great person. The priest shows the readers that he knows how to deal with children in a sympathetic manner. By being humorous, kind, and sympathetic towards Jackie, the priest exhibits his admirable character in the story â€Å"First Confession† by Frank O’Connor. With using his humorous character, the priest lightens the fear Jackie is feeling and turns it into an entertaining time for the boy. The priest is a kind individual, and readers can see that in the way he talks with Jackie and spends time with him. He sees that Jackie is an innocent boy who has been manipulated into thinking his actions are pure evil. In result he priest gives him little penance because he is only a boy with harmless intentions. The priest’s way of dealing with Jackie and his first confession turns the horrifying event into an entertaining encounter for both of them.

Business School Essay

Since I first entered university, I have evolved from being convinced that an MBA was a necessary part of my future, to believing that MBAs made careers of victimizing other people, to realizing that an MBA truly will help me achieve my passion, which is helping people in my native China. I am now passionate [Comment 1] about attending Wharton to challenge myself with powerful business lessons that will help me grow as a leaders [Comment 2] . My alma mater offered an orientation program that offered [Comment 3] new admits consultation on academic study, and more importantly,[Comment 4] early career plan. I was excited to learn that the tests confirmed what I already expect [Comment 5] – that I showed a strong ability in business. Starting that day, I pinpointed [Comment 6] MBA as an ideal master degree to pursue following several years of solid work experience. With plans made, I embarked on the trek by opting to major in international finance, in addition to taking a broad spectrum of business-related electives including intermediate accounting, economics and banking. Although most of the teaching materials [Comment 7] derived from the communist time while [Comment 8] teachers still resorted to the stale methodology of indoctrination, I looked forward to every class that gave me new insights into how good business [Comment 9] function. I missed a chance to have [Comment 10] more interactive learning environment and to be able to challenge the lessons that we were taught, but the classes further solidified my plan to acquire a formal business degree. Originally my career plan was simple: to excel at [Comment 11] workplace, get an MBA, and then work as [Comment 12] top strategy consultant before settling down as an executive at a corporation. I was happy with my career progress as an Information Technology consultant, but it was not always smooth. While my project at International Media Corporation, my second employer, was in high gear, the 9. 11 tragedy reduced international travel to a standstill. (For details, please see essay No. 2. As if this were not enough, the ensuing fiber-optic scandal in which International Media Fiber Optics [Comment 13] was involved, worked perfectly as [Comment 14] the last straw—it forced our parent company to suspend its China-based operation [Comment 15] , including my project. That meant that I was unemployed. For the first time in my life I needed to assess my career plan. I had done nothing wrong, but the action of other [Comment 16] affected me and [Comment 17] put me out of job. Was th is what MBAs did? Did they ruin other people’s jobs? Comment 18] For a time,[Comment 19] I started to think that the business world was not where I would [Comment 20] be. Over the next six months I got a much clearer picture of what I wanted to do. [Comment 21] I gained experience in the UN initiative (for details, please see essay No. 3) and I reflected upon the world at large. What did I want to do, other than plan for my next promotion or consulting assignment? What did I want to be in twenty years? Consequently, this experience allowed me to contribute to society and to learn more about what I wanted. [Comment 22] My work in [Comment 23] the UN substantially changed my view of MBAs. This time, I started to perceive MBA [Comment 24] from a new angle—first and foremost, MBAs [Comment 25] must be socially responsible before they can aspire to reap professional achievements; otherwise they are still doomed to failure however smart they are. [Comment 26] This was again solidified by my acquaintance and mentorship, at the [Comment 27] UN conference, with an investment banker turned philanthropist,[Comment 28] also the founding chairman of the US-based Green Earth Institute. There were, and are, responsible people and organizations after all. I realized that I could be earn an MBA and make an impact just like those people! Six months on, I headed back to the corporate world, confidence recovered. National Data Systems (NDS) seemed an ideal place to start my career anew—I knew so the minute I saw the receptionist for interview [Comment 29] — in lieu of charming girls [Comment 30] , a disabled person handled the task. Later I learned this deep-rooted culture resulted from NDS’s strong advocacy of handicapped-hiring. As for me, I further extend it to hiring veterans in my department. Not only do I commit [Comment 31] social obligations, but the department actually benefit [Comment 32] from their ultra reliability and diligence. In addition, I volunteered as the department representative for the office health and safety initiative. Mid 2004 will witness my department’s consummation [Comment 33] of a worldwide business transformation project, to which I have been contributing as a IT consultant and project co-leader. This is [Comment 34] perfect opportunity to see my current work to completion and then embark on my new endeavor. Upon graduation, I would like to join a top-tier IT corporation and rotate in different functions in its leadership/executive development program at mid-management level. I see this ad [Comment 35] being important for gaining the management experience that I will need for my true long-term passion, which comes from my work in the UN. I want to help the underprivileged in China. Consequently, I plan on establishing an IT-based NGO in the long run. My business experience gained from my post-MBA job will render me better positioned [Comment 36] to contribute to this scenario—applying cost-effective technologies (only possible through my experience with an elite technology firm) to improve the quality of life in communities that have not changed in decades, if not centuries. After all, the betterment of the entire nation cannot hinge upon the prosperity of but a number of regions or cities. Based on my experience in consulting and the UN [Comment 37] I believe that managing an NGO shares much synergy with running a for-profit business. The leadership experience developed and social connections established in the business arena should be most conducive to my long-term career aspiration. The end of my achievements in business will ultimately find their way in the social cause. Yes, financial standing is an important yardstick,[Comment 38] against which personal success is judged; however, it will be even more fulfilling if I can share this success with the needy and bring benefits to them. As the [Comment 39] leading business school, Wharton offers many lectures in addition to [Comment 40] cases that prepare students for all kinds of real business challenges and opportunities, which caters [Comment 41] well to my career aspiration [Comment 42]. Admittedly, Wharton is most famed for its strength in finance; however, it has, over the years, [Comment 43] also produced a plethora of successful general managers. Having said that, I [Comment 44] trust Wharton is where I can attack my weak link by brushing [Comment 45] up my financial skills, which I believe are indispensable to my career advancement later on. â€Å"He is a sharp cookie, a natural leader just waiting to burst out of his shell†, goes the comment on my first performance review. My communication with Wharton students and alumni has fully attested to my belief that Wharton is the very school that will transform me from a candidate to a bona fide leader of the future.

Income inequality Essay

It is the report which is talking about income inequality. It is global income inequality is increasing. Besides that that’s is more information about measurement for the income inequality The relationship between the income inequality and economic growth Technological change and globalisation partly on income inequality, Way to reduce the income inequality, Causes of income inequality, and High income inequality gap-Latin America. Mostly it is all about the income inequality in this assignment is telling about the income inequality. Income inequality Income inequality is about the measurement of people’s household or individual based on their income across the various participants in an economy. It is also known as the gap between the rich and poor, wealth and poverty, the different of income between populations or individual (Ram, R. (1988)). Measurement To measure the income inequality have to use the Gini coefficient which developed by Italian statistician in 1912. The Gini coefficient is measuring the income inequality based on the value of a frequency distribution (for example levels of income). The value of the Gini coefficient is between the range 0 to 1. Therefore, 0 that means â€Å"perfect equality ’’ which every person is getting the same income and 1 that means â€Å"perfect inequality’’ which is all income change to the share of the population with the highest income. The Gini coefficient is also to be used for to measure wealth inequality. This use of Gini coefficient requires that no one has a negative net wealth. Besides that, the Gini index often used which is the Gini coefficient expressed as a percentage, but it is equal to the Gini coefficient multiplied by 100. (Most of the time people are using the Gini index for calculating the income inequality. ) Graph1(source:http://people. stfx. ca) The graph above shows that the Gini coefficient is equal to the area which is shaded to the yellow colour. The relationship between the income inequality and economic growth Graph 2(source : author’s calculation) The graph above is showing the relationship between the income inequality and economic growth. Besides that, the graph above is showing the improvement in the Gini of 0. 01 costs 1. 6 per cent per year in per capita economic growth which mean economic growth improves may affect the income inequality. The relationships between the income inequality and economic growth have a very strong gap sometimes. That means change of economic growth would affect the income inequality. Therefore, the economic growth will reduce the income inequality when the salary of the lowest paid rise faster than the average wage. Besides that, the economic growth can increase the job opportunity for people to reduce the level of unemployment in the social. Economic growth often creates the job opportunity for those people who are high skilled and educated. After job opportunity increased can make the level of poverty decreased and reduce the income inequality. Enhancing the growth of economic may raise the income inequality such as increasing the flexibility of wage determination. The growth of economic is showing the extension for flexibility of wage determination. To increase the wage of employee may reduce the income inequality but it also made the labour cost increased for the employer. Increasing the wage agreement to firms may make some employers have to pay the highly salary of employee. This action may increase the unemployment and affected productivity of the company decreasing because labour cost too high makes the employer hard to endure (Murtin et al. , 2012). graph 3 The graph above is showing the global income inequality is increasing from the year 1820 to the year 2008. The Gini coefficient is increasing that mean income inequality is increasing at the same time. But, sometime the economic growth may not reduce the income inequality. It is because the Economic Growth will not necessarily solve unemployment. For example, growth cannot solve structural and frictional unemployment it is because unemployment (structural and frictional) which caused by lack of skills and geographical immobility. Technological change and globalisation partly on income inequality The current technology with globalisation might rise in the market equipment and create the boosting top incomes. (Rosen, 1981; Gordon and Dew-Becker, 2008). These days, the the change of technology is affecting too fast, however it can also influence the income inequality. It is due to inclined the job opportunity for people who high skilled, but also increasing the unemployment. For instance, those who have not high-skilled workers might drop their work due to the same repetitive happens that may be running on the technologies, technological for achieving the target. Thus the desires for those workers can decline due to the change of technological. Likewise, to estimate for both highly-skilled and low-skilled workers need to focus respective work even the technology change, both of them might difficult to replace by machines or lose their job. If the demand shift is not offset by the equal shift related to the labour supply, change in technology can lead to reduction in salary. (e. g. Autor et al. , 2006, Goos et al. , 2009). At the same time, the globalisation may also increase the income inequality. 1) The offshoring (change the national). It is talking about people from richer countries move to poorer countries or poorer country move to richer country. The offshoring happen because skill intensive in their country. For example, some people from the perspective of the skill-poor country may move to rich country for searching the job opportunity. For the conclusion, offshoring makes labour demand more skill intensive in both poorer and richer countries, thus it is increasing the income inequality in both groups of countries (Feenstra and Hanson, 1996). 2) Sometime, the firms are making a different in their profitability which can make the low-income workers work in satisfaction and create low-productivity firms. That would make the firm lose their competitor compare to the other company. At the same time, it may increase labour income inequality by lowering or reducing the employment (e. g. Egger and Kreickemeier,2009; Helpman et al. , 2010). Improvement of the Globalisation and technological change may further raise the income inequality. Besides that, technology may go to the globalisation but it is also increasing the competition between companies to the company in the world, that mean globalisation for technology may force firms to Innovate. Therefore, the Innovation is increasing the labour income inequality both temporarily – since R&D is skill intensive (Dinopoulos and Segerstrom, 1999; Neary, 2003) and it provided the R&D results in skill-biased on technological change as discussed above (Acemoglu, 2002). Caused of income inequality -Different religion, region, language and gender In Indian have many different of culture, race, religion and language. This situation is making the Indian citizen get a different education or maybe some of don’t even have the opportunity to study. It is because different of culture, race, religion language and sex in Indian might made some of them didn’t get the chance to study or educated. At the same, this kind of diversity is making a trouble to access to education and chance of employment might decrease also at the same time. This is calling the kind of discrimination. The different is making the people in suffer from significant of inequality in employment, education and income. This kind of situation is increasing because different family background might made the living standard become harder and difficult, caused the income increasing in India (Desai & Kulkarni, 2008). -Technology The technology is improving all the time, but it also is decreasing the opportunity of job for people who are unskilled and limited educated. The company have to increase productivity to satisfy the demand from market. A lot of companies are investing to the technology to increase their productivity and growth in their business. Therefore, the number of automatic machine increasing is decreasing the job for those people who are working in manual, handy, limited educated and unskilled. In the same time, the service job could increasing because the technology improvement and factory job such as manual and handy is reducing. The service increased but it is just a low pay job. Technology is increasing the income inequality and it is replaced many worker in factory in U. S (WSJ, Technology, Not Globalization,Feeds Income Inequality, July 24, 2008). -Education The raising of education level is the most efficient way to reduce the income inequality. It is because the education has the great relation to the income distribution. The investment in education can made the income inequality decreased and lowers the level of poverty. People who is educated can get a higher opportunity to get a job compared to those are limited educated. It is important to send the child to the school and educated for increasing their intelligence and knowledge for achieving their ambition. In Brazil have a high inequality of income because average of citizen of Brazil attends fewer year to school compared to other. Number of Brazilian is increasing compared to the other country compared to the Latin America (Carlos Aguiar de Medeiros of International Development Economics Associates, 2001) -Price Stability The price stability is also known as inflation problem. In Brazil, inflation happens is making the poor getting poorer but the rich getting richer. It is because when facing the inflation problem or price instability, the company (rich) is following the same contract of wage or income to pay the salary to their employee (poor). Therefore, the poor have to reduce their living standard with their unchanged pay or real lower wages. At the same time, the investor (rich) can move their financial to other country for more opportunity to protect their money during the inflation. But, the poorer citizens have to work in a harder situation so it is difficult for them to escape poverty. (Carlos Aguiar de Medeiros of International Development Economics Associates, 2001) -Impact of Social Benefits In China, government have to provide a lot of benefit to their citizen. For example of social benefit, it is more like social insurance income or pension benefit. Caused of population increased and economic reforms need a greater financial to stimulate the economic growth. Therefore, have to reduce the social benefit such as pension benefit. It is big impact those are affected and increasing the income inequality. At the same time, not only the pension benefits government of China have to reduce the other social benefits such house benefit, health benefits, food assistance and other when have to improve the economic growth but increase income inequality (Gao 2006). http://www. networkideas. org/ideasact/jun07/beijing_conference_07/carl_riskin. pdf Way to reduce income inequality -Immigration Immigration policy would make United States reduce the income inequality. To let in more immigrants who is highly educated and skill will making more job to the America workers. More immigrants don’t mean reduce the opportunity of job to the America workers because it is creating more jobs to those people who are limited educated and limited skill at the same time. While immigrants are highly educated came to America such as: doctor, engineers, lawyer, entrepreneurs and other may increasing the job opportunity to the citizen of America who is limited educated. The job for United State people could increase caused by the immigrants system. Therefore, reducing the number of workers (immigrants) who is limited education might reducing the income inequality to the America because created more opportunity for those people who is limited education and unskilled. (Enrico Moretti is the Michael Peevey and Donald Vial Chair in Labor Economics at the University of California, Berkeley. He is the author of â€Å"The New Geography of Jobs† (2012). ) -Education In the France that strategy been used make sure every citizen in the country might get the chance to study or educated. It is the one of way to reduce the income inequality which has to be start on education. The education is very important because it can the people in the country to improve their living standards; reduce the income inequality at the same time. New analysis is showing that an increasing for the job opportunity for people with education is associated which is making a decline in labour Earnings inequality in France (Fournier and Koske, 2012). An education is giving to every citizen for get a higher chance to get the job opportunity might reduce the income inequality. -Protecting Our Poor, Elderly and Women to Reduce Income Inequality In Singapore is making the new job for those women, elder worker, and poor people to find and obtain a new job. It is helping them to avoid poverty but have to reduce their salary in their new job. This kind of policy is enabling those workers such as migrants, women, and elder worker to get an income and escape poverty. In the labour market, giving the new job for those people might increase the productivity in Singapore and reduces the income inequality at the same time. But a new job in low pay is providing for that unemployment or can’t find the job; women have been terminated in their job because of pregnancy, and unconscionably obtuse of the elder employee. Have to pay in low wage because their productivity in work also reducing but it still can helped them to continue their live or living (SINGAPORE POPULATION WHITE PAPER, 2013) -Heavy-industry-oriented development strategy In China is starting the strategy of heavy-industry-oriented development to increase the speed of pace of industrialization. To focus of heavy-industry-oriented development strategy, China is increasing the amount of resource from the agriculture. At the same time, it is increasing the opportunity of job. It is because it is some kind of investment to increase the productivity of China by heavy-industry-oriented development which is providing by China government. To run the strategy, the government of China is moving the industry to the less developed rural regions for increasing the job opportunity for those people over there and reducing the income inequality. To reduce the region income inequality, the strategy of heavy-industry-oriented development might carry on rural region to increase their job opportunity. To increasing the growth of economic in China, have to increase the job opportunity for those are employment and increasing the productivity in China. This may decrease the income inequality gap in China (Yang 2002). Conclusion The information above is showing the income inequality is increasing in the world. The income inequality is making people become poorer for those are poor and make the people become richer for those are rich. Therefore it is the economic issue including the outcome, earning and economic growth. It is why income inequality is the one of target or problem for macroeconomic to solve. Reference -Ram, R. (1988) http://www. collinsdictionary. com/dictionary/english/income-inequality -Graph1 http://people. stfx. ca -Graph 2 (source : author’s calculation) -Murtin et al. , 2012 http://www. oecd. org/eco/labour/49421421. pdf

Suprime letting Literature review Essay Example | Topics and Well Written Essays - 1250 words

Suprime letting Literature review - Essay Example While there is no official credit profile that describes a sub prime borrower, it is generally accepted that people in the United States having a credit score below 620 points will fall into this category. In an attempt to tap this burgeoning market, lenders often speculate and take risks associated with lending to people with poor financial records. Sub prime offers an opportunity for borrowers with a less than ideal credit record to gain access to credit. It has been found that over the past six years, home ownership nationwide increased from 66 percent of the working population, to almost 70 percent. The pros and cons of sub prime markets will now be discussed in the literature review .The obvious advantage of Sub-Prime letting is of course the fact that people with poor credit history, low income and no assets are able to borrow money from many banks and lending company's .This is advantageous also as small or no deposit is accepted and this may prove attractive to many people wh o are not aware of the consequences of such borrowing or lending.However this market has its cons in the sense that it is unpredictable due to variable interest rate and the debtors may not be able to able to keep up with the payments thus causing credit victimization as the lenders may be able repossess the property/ business and are able to profit from re-sale through draconian lending contracts. Aims The main research question therefore is "To what extent has the sub- prime phenomenon of the US financial markets affected the UK economy" The reason for selecting this topic is the recent financial crisis in the US sub-prime markets which has caused a world wide concern as to its concerns for its e effects and fall-outs on the EU Bloc which includes the UK. The research will be undertaken through a variety of secondary and primary research methodologies to have a better understanding of the research question within the given time scale.Secondary Research Questions What is Sub-Prime letting What is the relationship between the UK and American Housing market What are the current conditions in the American Housing market with reference to Sub prime letting The aim is to identify the correlations between American Mortgage lenders and the UK lenders. Economic conditions, interest rates, inflations and other factors. With reference to economic conditions we may be able to identify as to why people are subjected to the sub prime market. What are the pros and cons of sub prime mortgage lending Research Strategy Research is a fact finding activity (Dominowski, 1980). The aim of primary research is to make known something previously unknown to human beings and to advance human knowledge by making it more certain or better fitting; the aim is discovery (Elias, 1986). Kerlinger (1970) uses more technical language to define it as the systematic, controlled, empirical and critical investigation of hypothetical propositions about presumed relations among natural phenomena. The research philosophy depends on the way we think about the development of knowledge and this thinking affects the way we do search (Saunders 2000). Whilst undertaking the research, a clear understanding of

Feasibility Study to explore the potential viability of a business in Coursework

Feasibility Study to explore the potential viability of a business in the UAE - Coursework Example Feasibility Study to explore the potential viability of a business in the UAE Essentially a feasibility study intended to explore the viability of a business idea or entity involves various considerations.The intended feasibility study revolves within the tourism industry. This paper intends to consider venturing in hospitality section in one of the Emirates in the United Arab Emirates (UAE). This is a service industry that will offer all the hospitality services in a 3- star hotel, particularly to tourists both home-based and international (NEYADI, 2002). Hospitality industry in the UAE is one of the competitive ventures. Both the local and global investors have for the past decade invested in this industry, and have continued to sustain the market trends in service delivery and client satisfaction. United Arab Emirates The coverage and vastness of how much the United Arab Emirates has developed in almost all sectors of economy, primarily in the last decade is consummate, even ahead of the global standards (MAHMOUD, 2012). This incredible growth in political, social and economic sectors has put the United Arabs Emirate in the international chart as one of the cutthroat commercial centers in the world. The UAE is situated in the East of the Arab globe. It stretches to the Gulf of Oman and to the North of the Arabian. UAE has an area of 83,600 km2. The area has plentiful islands. Sand dunes, isolated oases, and extensive deserts characterize the region. Abu Dhabi is the largest of the Emirates. It has an area of 67,300Km2, followed by Dubai with 3,900Km2 and Sharjah occupy an area of 2,600 Km2 (NEYADI, 2002). A federation of seven Emirates formed the United Arab Emirates in 197. The emirates include Sharjah, Ras Al Khima, Dubai, Ajman, Abu Dhabi, Fujairah and Umm Al Quwain. The political structure The UAE observes distinctive leadership. It has no legal political parties. The supreme power rests with the seven heritable Emirs sheikhs. The President who is the commander in chief heads the Armed forces. The prime minister heads the defense ministry and he is the ruler of Dubai. Rulers administrate the other emirates. The Federal National Council, which was formed in 1972, is the UAE parliament (MAHMOUD, 2012). The FNC is presumed as the milestone of the federation’s legitimate and legislative process. The FDC is accountable in advising the cabinet arm of the government and the supreme council. However, the FNC has no jurisdiction to take precedence over the arms’ decisions. The principal function of the council is to offer administrative and lawmaking roles as stipulated by the constitution. The UAE was founding associate of the (GCC). The Gulf Cooperation Council (GCC) members include UAE, Qatar, Bahrain, Saudi Arabia, Kuwait and the Sultanate of Oman. This kind of leadership has continually provided a stable political environment, which is conducive for investments. Economic trend Political stability has contributed immeasurably to the economic growth attributed to primary sectors of the economy. Some of these sectors include tourism, agriculture oil and gas. The UAE’s GDP has continually grown due to the unremitting political stability (MAHMOUD, 2012). The consequent economic stability is the significant factor for both home and global investors. It is essential to note that, the projected 3-star hotel and resort stands a better position in developing at a high rate due to the well- established financial backdrop based on sound economic ethics under the management of sound institutions (NEYADI, 2002). The social patterns in relation to the UAE population The UAE’

Run- dmc's impact on rap and society Essay Example | Topics and Well Written Essays - 750 words

Run- dmc's impact on rap and society - Essay Example ablished Rush Productions, a hip- hop management Company in the 80’s encouraged his brother Joey to form a rap duo with his friend Darryl McDaniels. They started out as a duo and later roped in another friend called Jason Mizell. The trio introduced a dress culture to suit their fancy and set them apart from the regular dress code. Their style was flashy with hats, untied sneakers and heavy gold chains that greatly appealed to the youth and left a deep impression on their suburban rock fan following. (Simon & Schuster, 2001) Run – D.M.C outshone their predecessors Grandmaster Flash and Whodini by being much more tougher and menacing while using samples from heavy metal and their popular spare beats. They helped to promote rap from a genre that was single oriented to a genre that became officially album oriented. Run – D.M.C was the very first hip – hop artist group to cut full- fledged albums and slowly made it into the mainstream of music. In the course of time Run – D.M.C had spawned many other groups and were even overtaken by them, yet they dedicated themselves to performing even into the 90’s. The group had cut their first single titled â€Å"It’s Like That† in 1983 which sounded like no other rap during that time. By 1985, they had become America’s most popular and influential band after their second album titled â€Å"King of Rock.† This album was succeeded by the R&B single which was a cover for the legendary Aerosmith titled â€Å"Walk This Way† which became Run- D.M.C’s biggest hit single which was recorded using Aerosmith’s Steven Tyler and Joe Perry. This was the very first hip – hop number that appealed to both rappers and rockers alike. This album was followed by their third album titled â€Å"Raising Hell† which became the first rap album to scale to number one on the R&B charts and then even go platinum. There was no turning back now for Run – D.M. C as they strengthened their position as the first rappers to make a

Social Issues Regarding Digital Media in the Digital Age Research Paper

Social Issues Regarding Digital Media in the Digital Age - Research Paper Example As the paper declares the technological breakthroughs that been evidenced especially in the area of information and communication have had far-reaching consequences not only on the economic lives of individuals but also in the social behavior. Today, it looks like the oxygen people breathe is technologically purified. So much has been done with technology that its advantages remain to be challenged. On the same note, the myriad issues that have come along with this modernism have raised some social and ethical issues. According to the research findings the scholarly/academic meaning of the word ‘digital’ may differ from that which is known in the streets. In the ay today use, the word may be used to refer to social media or millennial technology that is commonly used by teens and youths for purposes of fun. Digital media has also been used to refer to all sorts of media that have visual capabilities. These terms and descriptions may not accurately represent the technical understanding of digital media. There are numerous examples of digital media starting from the most common one, the social media through video games, eBooks, digital audio, websites, digital videos to online newspapers and magazines. Currently, lots of people around the world use these myriad forms of digital media for fun, communication, jobs among others. The resounding transformation has been catastrophically felt everywhere around the globe.

Capstone experience Coursework Example | Topics and Well Written Essays - 1750 words

Capstone experience - Coursework Example Moreover, the company had reserves of approximately 25.2 billion equivalent barrels of oil as of 2013 and, as of 2010, its production rates were expected to remain constant for at least fourteen more years (Coll, 2012). ExxonMobil operates in twenty-one countries with thirty-seven oil refineries across the world, which has seen the company achieve a combined refining capacity of 1 million m3 of oil every day making it the world’s largest oil refiner by capacity. Standard Oil, which was ExxonMobil’s precursor company, was also the world’s largest oil refiner between 1870 when it was incorporated and its change to ExxonMobil. As the largest of all super-majors in the oil industry, ExxonMobil has a daily production capacity of ~3.9 million equivalent barrels of oil, which makes up roughly 3% of the entire production of oil in the world (Coll, 2012). This means that, despite being the largest oil company in the world, it still lags behind various state-owned oil companies like ARAMCO and Rosneft. When ranking is done by gas and oil reserves combined, ExxonMobil ranks as the 14th biggest company in the world with less than 1% of all total reserves under its control (Coll, 2012). With regards to its marketing of oil and gas products, ExxonMobil uses the brands Esso, Mobil, and Exxon, while it also holds majority share in several smaller oil companies like SeaRiver Maritime that ships oil and gas and Canada’s Imperial Oil Limited. The company has more than 82,000 employees across the globe, of which 27,000 work in their upstream headquarters in Houston and a further 4,000 employees work in its downstre am headquarters in Fairfax (Coll, 2012). ExxonMobil’s global organizational structure is functional in nature. My career objective is to be a safety engineer at ExxonMobil upon my graduation later this year. One of the reasons why I am interested in this position is because it requires the engineer to work as part of a team that includes quality

Children with special Needs( Disabilites) Essay Example | Topics and Well Written Essays - 750 words

Children with special Needs( Disabilites) - Essay Example It argues for the functional development approach in empowering these special children. It acknowledges the significant role of government in breakthroughs made in Special Education and which have had positive impact on the lives of special children. Statistics Let us begin by looking at the population (children with disabilities) that we are dealing with. According to World Health Organization, CITATION WEA11 \l 1033 the figures are as follows: 650 million people in the world are disabled; 80% of disabled people live in developing countries; 20% of the world’s poorest people are disabled, and tend to be regarded in their own communities as the most disadvantaged; 1 in every 10 children around the world copes with a disability; and. Only 2–3% of disabled children in poor countries go to school. Disability vs. Special Need The most accepted definition of â€Å"child with a disability† is found in the Individuals with Disabilities Education Act (IDEA). CITATION WEA 11 \l 1033 A â€Å"child with a disability,† is a child whose educational performance must be adversely affected due to the disability. CITATION WEA11 \l 1033 IDEA is considered to be the cornerstone of special education, as it required public schools to provide "free appropriate public education" to students with a wide range of disabilities, including â€Å"physical handicaps, mental retardation, speech, vision and language problems, emotional and behavioral problems, and other learning disorders.† It also mandated that school districts provide such schooling in the "least restrictive environment"(LRE) possible. CITATION WEA11 \l 1033 In subsequent years, the term disability was applied to physical disability (such as paralysis, loss of limb, deafness), mental disability (such as depression or post-traumatic stress disorder) or intellectual disability (such as a learning disability). Disabilities could be at birth or a result of an accident or disease. Disabilities c ould range from moderate to significant and can be temporary or permanent. CITATION WEA11 \l 1033 To many, disability and special need may have no significant difference. However, children with disabilities have suffered from exclusion or bear a stigma, simply by being labeled â€Å"child with disability. â€Å"Disabled people are typically shunned, isolated and stigmatized by their community. Families hide disabled children and exclude them from family and community activities.† CITATION WEA11 \l 1033 . What educators, psychologists, and governments have been trying to do is, first and foremost, to remove the stigma that comes with the term â€Å"disability,† secondly, to reorient individuals and communities to deal with these special children in a normal environment, and thirdly, to support and help empower them. To my mind, the term â€Å"children with needs† transcends barriers and demonstrates the progress in the field of Special Education. The term acknow ledges that a special child, like every child develops in a unique way, and will develop and interact with his environment at the appropriate level. With this understanding of typical child development, a child may have a special need when he or she has a delay in one or more

Write an essay arguing that Emily Grierson relationshi with her father

Write an arguing that Emily Grierson relationshi with her father contributed to her tragedy - Essay Example The description of Emily’s father was presented in paragraph 25 as a â€Å"spraddled silhouette in the foreground, his back to her and clutching a horsewhip† (Faulkner 25; cited in Kennedy and Gioia). Likewise, as noted, none of the young men were deemed good enough for Emily and that the townsfolk â€Å"remembered all the young men her father had driven away† (Faulkner 28). In addition, there was emphasis noted to the fact that â€Å"the Griersons held themselves a little too high for what they really were† (Faulkner 25). Due to the extreme sheltered existence given to Emily and the prevention of her father to find a suitable man as her husband, Emily remained isolated all her life. By the time her father died, there could actually be some manifestations of mental illness or insanity as it was revealed that Emily refused to admit her father’s death. When the townswomen came to offer their condolences, it was revealed that â€Å"Miss Emily met them at the door, dressed as usual and with no trace of grief on her face. She told them that her father was not dead. She did that for three days, with the ministers calling on her, and the doctors, trying to persuade her to let them dispose of the body. Just as they were about to resort to law and force, she broke down, and they buried her father quickly† (Faulkner 27). The length of time spent totally dependent on her father could have instigated the innate fear of being left alone and therefore, Emily could not accept the fact that this fear was in fact a reality. Alone and afraid in the house with nothing left to support or sustain her daily living, Emily’s life succumbed to depression and anxiety . When a potential lover in the person of Homer Barron came to her life, the hope of having someone to spend her life with was just what she needed. However, as the story unfolded, it was revealed that Homer Barron, who the townsfolk

CAPITAL FOR A PROFIT ORGANIZATION Term Paper Example | Topics and Well Written Essays - 500 words

CAPITAL FOR A PROFIT ORGANIZATION - Term Paper Example The chief sources of capital for any given profitable organizations are debt and equity financing; which accounts for almost 40 percent of all the existing companies in the entire world. In most cases, profitable organizations will always dwell on the external sources of money during a financial crisis. Debt financing refers to the situation whereby the profitable organization decides to borrow money and use it to finance the several business projects and departments. The best examples of the debt financing available for the profitable organization entail of the banks, government guaranteed loans and financing companies (Coleman, 2008). In most cases, the profitable company will refund the money with interest. The interest depends on the amount of capital borrowed and duration of payment. The agreement between the lender and the management of the profitable organization determines the rate of payment of debt. However, in the case of equity financing, the profitable company acquires capital from the money that owners and stakeholders invest in the business. Most of the profitable companies will always utilize the money obtained from owners and stakeholders before borrowing. In such a case, borrowing of the money will only occur if the money from the owners is not enough. In some situations, well-developed profitable organizations might choose to sell a portion of the company to investors in exchange for capital. In today’s world, most profitable companies sell shares to the public to raise necessary funds to aid in running the business. Other sources of capital for the profitable businesses entail of the internal sources of money, which originate from operations in the companies. According to Mayover (2009, p. 127), a positive operating income originates from the business activities undertaken hence yielding profitable returns. The amount of money that the profitable organization gains as profit might act as

Essay Midterm Essay Example for Free

Essay Midterm Essay 1)The subfields of anthropology seem quite diverse in their specific subjects and methods. Why, then, are they all considered parts of the single discipline of anthropology? What ties them together? Anthropology is an extensive discipline. It is so broad it had to be split into four subfields; Archeology, Biological (Physical), Cultural, and Linguistic anthropology. The definition of anthropology is â€Å"the holistic, scientific study of human kind† (Park, 2014). Parks (2014) states, every anthropologist wants to know why we have a tendency as humans to behave as we do, change constantly, have different cultural behaviors and the ability to constantly evolve. Anthropology answers these questions from the different subfields. â€Å"Archaeology examines our past ways of life through the interpretation of material culture, organic remains, written records, and oral traditions, Biological Anthropology deals with the evolution of the human body, mind and behavior as inferred through study of fossils and comparisons with behavior and anatomy of other primate species, Cultural Anthropology explores the diversity of existing human ways of life, how they work, how they change, and how they interrelate in the modern world and Linguistic Anthropology examines the structure and diversity of language and related human communication systems† (Sanoma State University, 2014). Even though the subfields seem quite diverse they do have similarities that tie them together. According to the American Anthropology Association (2014), â€Å"each subfield applies theories, employs systematic research methodologies, formulates and tests hypotheses, and develops extensive sets of data.† References Anthropology: exploring the human in all of us. (December 12, 2012). American Anthropological Association. Retrieved from http://www.thisisanthropology.org/about-anthropology Parks, (2014) Introducing Anthropology an Integrated Approach (6th ed), McGraw Hill education Sonoma State University, (March 5, 2014). Anthropology consist of four (some would say five) subfields. Retrieved from https://www.sonoma.edu/anthropology/home/subfields.html

Pros And Cons Of North America Free Trade Marketing Essay

Pros And Cons Of North America Free Trade Marketing Essay This report provides an analysis of the current and prospective profitability, pros and cons of North America Fee Trade Agreement. The analysis also includes the origins, objectives trend, and the advantages as the comparative advantages, standard living and nation policy, together with the disadvantages such as the deep analysis about the job loss in United State and the human right and nature. Other supporting ideas includes the detail information about the profit that this agreement bring to the people in US, Canada, Mexico and the wide countries, its purposes and goals, or the return from the investment as well as the loss. All the related detail and calculation can be found in the appendices. General earning from this free trading also estimated below industry averages. In particular, comparative performances in the areas of the markets control as well as the evaluations from NAFTA. The report finds the prospects of this agreement in its current position are evaluating and developing. The major areas of weakness require further investigation and remedial action by governments. Besides that, because NAFTA has many pros, governments also need to adapt and try to reduce the bad effect to countries which already become the one union. The report also investigates some limitations that NAFTA had through the analysis of advantages and disadvantages. Some of them are the connection between the government and companies, which lead to the fact that many companies have the disadvantages without the supporting by the union if they choose to stand independently. Furthermore, the lack of attention to the right of human due to the rush and overwhelm working hour and their insurances are low and unfair which develops by the maquiladora programs from NAFTA. II. Introduction. Origins. According to Paulette  L.  Stenzel (2010), The North American Free Trade Agreement (NAFTA) is an agreement signed on January 1, 1994 within the 3 three countries United States, Canada, and Mexico which become the largest free trade area in the World (GDP). NAFTAs purposes are reducing the trading costs, increasing the business investment and help North America to achieve a wider position in the global marketplace.   When these three countries signed NAFTA, US and Canada had agreed to sign the United States-Canada Free Trade Agreement (CFTA) and added this agreement into NAFTA. Because of CFTA, there will be a change in place of the agricultural trade before NAFTA. Most of the food in United State and Canada became duty free on January 1, 1998. NAFTA began the implementation on January 1st, 1994 and going to be develop in 15 years.  Ã‚   Objectives. Some of the objectives from the agreement include the tariffs eliminate on the trading between Canada, US and Mexico and prepare a standards the provision of national treatment for other signatory countries foreign investors. Furthermore, to ensure markets secure access with the improvement on the settlement mechanism of the dispute, this agreement also help the member countries companies to have more procurement opportunities to increase the access of the government. In addition, NAFTA improves the professionals of business people and their cross-border movement within some selected countries to be stronger in protection of intellectual property right. A vast of new business opportunities had opened up by NAFTA for the three partner countries and other countries that want to enter North American market. Based on this, the investors come from other countries stay at a location in Canada can have the ability to attend the whole area of North American market.  Moreover, NAFTA has an entry in force which said that the significant increases experienced by the parties a in the goods and services trade among them. There also an agreement from the three Customs Administrations about NAFTA Rules of Origin Regulations (the Regulations) and the Rules of Origin of the NAFTA. In the worsened conditions of the economic in 2008; during the U.S. Presidential campaign, NAFTA became a hot issue again. Senators Hillary Clinton a democratic candidates and  Barack Obama  both blamed the loss of American jobs manufacturing to NAFTA and make a suggestion about the renegotiated for this term which will need to include the higher labor cost and the environmental standards. III. NAFTA pros and cons. Advantages. It is no doubt to say the most advantages that NAFTA bring to 450 million people in the U.S., Canada and Mexico is the free entrance in trading not only in their own country zone but also in the worldwide market place. With the national policies which support those countries with lower cost in export and import, it is responsible for $1.6 trillion in goods and services annually. It also decreases the inflation by reducing the cost of import to have more view, lets look into the figure of United States economy via the data of GDP rate which increased steadily 5% a year; it is the clear evidence to show the advantages the NAFTA bring to their countries. Comparative advantages. According to David Ingram (2009), NAFTA helps international trade to eliminate the tariffs between members countries by boasting the natural advantages that they owned. This means that they can low down the cost of production line and provide to the consumers more reasonable price of product because of cheap materials come from their natural resources advantages. U.S is famous for their high quality consumers good with low cost, while the strength of Mexico is agricultural product such as foods and crops. NAFTA eliminates the tariff between two countries so that US can purchase the crops and poultry with cheap price from Mexican, while Mexican can buy the cheap consumer product with high quality from US also. Thanks to NAFTA, agricultural exports to Canada and Mexico grew from 22% of total U.S. farm exports in 1993 to 30% in 2007. Standard living. NAFTAS goal is to reduce tariffs among Mexico, Canada, and the United States over a period of years, making it easier to trade goods across national borders, and increasing economic efficiency in North America. It clearly deserve the strong support of all those who believe in liberty and free markets. Moreover the standard living of people in those countries has risen day by day together with the demand of high quality produce comes from US (Freedman, 2004). NAFTA provides the free market with high demand of product, which will lead to the risen in the number of jobs needs. 25000 jobs are created for any additional billion dollars the US export. Over 150000 new jobs associated with NAFTA were reported during the last 5 years (Shahabbuhin, 2003). Nation policy. Free trade innovation will give nation the chance to step closer to each others and be more active in coordination. It also helps to reduce the rate of illegal immigration and international smuggling from nation to nation. Moreover, NAFTA protect the intellectual property right of members nation with their own policies regulations. Disadvantages. Job loss in United State. Many manufacturers in United State had to move jobs to lower-cost Mexico with lowered wages, manufacturers still competed in industries. NAFTA did not support enough for Mexican labour and environment protection and caused the lost of manufacturers 1.3 million farm jobs in Mexico. The organization exported corn and other grains with low-cost so Mexicos farms reduced output from 33.2% in 1990 below 13.2% in 2001. So many rural Mexico s farmers refused to cooperate with NAFTA because they could not compete with the other as well. Moreover because Mexicos labour were cheap, many manufacturers in United State chose to move the place they put all of their production line. It leads to the fact that bbetween 1994 and 2010; Mexico totalled $97.2 billion, were displacing 682,900 by U.S. jobs. About 80% manufacturers were in trouble situation such as: California, New York, Michigan and Texas. Besides, the companies did not move to Mexico they selected one of two options: belonging to the union or losing the factory. And they without supporting by the union so they had so many disadvantages to compete with little bargain power. Human right and nature. NAFTA opened many maquiladora programs where employees were paid low salary and exploited with more 12 working hours in a day. These workers have no labor rights or health protections, workdays stretch out 12 hours or more, and if you are a woman, you could be forced to take a pregnancy test when applying for a job, according to Continental Social Alliance. On the other hand, with manufacturing products influenced on environment directly in Mexico because of using fertilizers and other chemicals. So enviroment took pollution and they spent more 36 billion each year to deal with environmental consequences. NAFTA are many pros so the union should adapt and reduce bad effects to countries which belong to the one. IV. Conclusion. From the former paragraph we can see that NAFTA was established for 18 years from 1994. During this period, we can know NAFTA has its own advantages and disadvantages. In 10 years, NAFTA promotes the economy of Mexico, but Mexico still need a long time to catch up with another two countries. And Mexico should catch this chance and invest in education, telecom and innovation, America and Canada should avoid the risks to create the bigger business opportunities. All in all, NATFA should be kept and develop, it will promote the economy in North America.

Nestle: A Global Multinational company

Nestle: A Global Multinational company Brief of company: Nestlà © with headquarters in Vevey, Switzerland was founded in 1866 by Henri Nestlà © and is today the worlds leading nutrition, health and wellness company. Its sales for 2009 were $ 112.3 billion, with a net profit of $ 11.1 billion. They employ around 276,050 people and have factories or operations in almost every country in the world. Reasons for selecting the company: Nestlà © can trace back its origins to 1867, from selling milk-based baby foods and condensed milk as its primary products to a market leader in todays Food Beverage Industry with more than 6000 brands under its belt ranging from coffee and candy to hotdogs and pasta. Instead of just reaping the profits from the market, Nestlà © has given back to the community by adopting social responsibilities, showing above the bar ethical behaviour and in many cases raising the standards in the industry. Its founding ethos reflects the basic ideas of fairness, honesty, and a general concern for people. Main strategic issues facing the company: Nestlà © has been facing Nestlà © boycott since 1977 due to its promotions of the use of artificial infant foods. Growing resistance of consumers against the use of genetically engineered foods in Nestlà ©s products. Increasing competition. Increasing awareness in the consumers with the demand of being socially and ethically responsible increasing day by day. Increasing control and regulations in the policies of the governments worldwide. Companys contribution to the National Economy: Switzerlands GDP for the year 2009 was estimated at $522.4 billion with GDP growth rate of 2.8% (2010 estimate). Out of which Merchandise exports for 2009 were of $173 billion. *Companys contribution to the regional economy: Nestlà © employs around 280,000 people all over the world and have factories or operations in almost every country in the world. Nestlà ©s gross revenue for the year 2009 was $ 112.3 billion and RD investment was $ 2.11 billion. *Recent strategic dilemma: Environmental impact of palm oil and the role of multi-nationals such as Nestlà © in this. Recent strategic choice: In March 2010, Nestlà © purchased Krafts North American frozen pizza business for $3.7 billion. Nestlà © has been heavily investing in Africa. Source of Information on Company: http://www.nestle.com (334 words) Executive Summary This assignment analyzes Nestlà ©s current situation and strategies in context of Global Food Beverage Industry and then recommends the key strategies Nestlà © should use to be more successful and retain its status as the global market leader in future. To analyze the FB Industry on a higher level and examine Nestlà ©s external environment, the following business models are used in this assignment: Industry Life Cycle, Key Success Factors and Porters Five Forces. And to analyze Nestlà ©s current status and its internal environment the business models used are: SWOT analysis, Strategic Factor Analysis, TOWS Matrix. After analyzing the information based on the above mentioned models, Nestlà © is currently facing issues like product recalls, stagnant growth, high logistical costs, negative publicity and false allegations which are damaging its image and goodwill in the market. To combat some of these issues Nestlà © has introduced innovative and healthier food products to cater the rising number of health conscious consumers, started focusing on the rising middle class consumers in developing and emerging economies, which has helped Nestlà © to increase their growth again post the 2009 Financial Crisis. For further improvement in the market share and company image, key strategies recommended to Nestlà © are Expansion strategy through strategically acquiring and merging with its competitors and investing in production facilities in developing economies and Growth through Innovation in health nutrition food segment. One area that Nestlà © has to care of immediately is improvement in its Public Relations management to create a high level of loyalty and trust in its customers by building and reinforcing the notion that Nestlà © still follows its founding ethos of fairness, honesty, and a general concern for people. (277 words) Industry Life Cycle Introduction Growth Maturity Decline Time I ND U S T R Y SALES The Global Food, Beverage and Tobacco Industrys growth has slowed down in recent years. But all this is set to change due to the recent technological advancements, rapid globalisation and opening up of the many restricted markets worldwide such as India, China, African nations, etc. With the technological advancements in food processing, handling and storing capacity and the rapid emergence of organized retailing in Asia, Africa, and other third world countries, along with fast changing demographics and habits has changed consumption the patterns and is fuelling the next growth trajectory for the global food, beverage and tobacco industry. The Global Food, Beverage and Tobacco Industry is in the High Growth stage of the growth phase as the increase in sales has slowed down in recent years. The global food, beverage tobacco industry generated total revenues of $6,319.2 billion in 2009, growing at a compound annual growth rate (CAGR) of 3.4% for the period spanning 2005-2009. Food sales generated total revenues of $4,235.4 billion, equivalent to 67.1% of the industrys overall value and sale of beverages generated revenues of $1,581.7 billion in 2009, equating to 25% of the industrys aggregate revenues. The industry is forecasted to grow at CAGR of 3.8% for the five year period 2009-2014. Nestlà © recorded revenues of $99 billion in year ending December 2009, showing decrease of 2.1% compared to fiscal 2008. In 2009, Nestlà © renovated 7,252 products for nutrition or health reasons, as health awareness among consumers is rapidly increasing and it wants capitalize on the health conscious trend. Nestlà © has been active in Developing Emerging (DE) economies through its subsidiaries in Asia Pacific, Africa, the Middle East, Turkey and Latin America. Nestlà ©s sales in emerging countries accounted for almost 32.5% of total revenue and reached $32.32 billion in 2009. According to IMF, the advanced economies are set to grow at 2.1% and 2.4%, respectively, in 2010 and 2011, while the DE economies are forecasted to grow at 6% and 6.3% in 2010 and 2011, respectively. Therefore in the future, Nestlà ©s growth will be driven by high-growth DE economies. Key Factors for Success Key Success Factors Weight Rating Weighted Scorecard Rating Weighted Scorecard Rating Weighted Scorecard Branding 0.20 5.00 1.00 4.00 0.80 4.50 0.90 Diversification 0.15 4.50 0.67 4.00 0.60 4.50 0.67 Product Quality 0.15 4.00 0.60 4.00 0.60 4.00 0.60 Pricing 0.15 3.50 0.52 3.50 0.52 4.00 0.60 Distribution Network 0.10 5.00 0.50 3.50 0.35 5.00 0.50 Packaging 0.10 4.00 0.40 3.50 0.35 4.50 0.45 R D 0.10 5.00 0.50 3.00 0.30 4.50 0.45 Market Dominance 0.05 5.00 0.25 4.50 0.22 4.00 0.20 Total 1.00 4.44 3.74 4.37 Key Factors for Success in the Food and Beverage Industry: Branding in FB industry is of utmost importance as people do not prefer to buy products that they are not familiar with; also in this industry brand image is everything as it can attract consumers to a companys new products if it is already reputable in the market. Diversification in FB industry are almost always related as companies prefer to have a healthy portfolio of products while still maintaining their core competencies and using them in their related products; as by having a large range of products a company will be more competitive and would not have to rely on a single product. Product quality is very important in FB industry, as bad quality products can will lead to consumer boycott of the companys products, health issues in consumers and lawsuits against the company. While quality of the products also have to justify their prices, such as normal milk chocolates (Nestlà ©, Cadbury, etc.) cannot be priced high while specialty chocolates (Lindt, Godiva, etc.) are high priced. A strong distribution network is a must in FB industry as it gives the companies low costs operations, fast delivery, and optimal shelf presence in retail stores. RD is vital for gaining market share for the companies as development of better tasting, more nutritional and new foods beverages is the fastest way of capitalizing on the fast changing trends of the consumers (like current healthy organic food trend). Two of the many competitors that Nestlà © has, I have chosen Kraft Foods and Unilever for the comparison of KFS. After analyzing the KFS it is clear that Nestlà ©s response to the current and expected key success factors is above the industry average, with Unilever quite close behind and Kraft Foods just managing the industry average. So the analysis of KFS also reinforces Nestlà ©s position as the largest FB Company in the world. Porters Five Forces Model: Potential Entrants: Product Differentiation Switching Costs Distribution Channels Cost Disadvantages Suppliers: Financially weak Large no. of suppliers Buyers can do Backward Integration Substitutes: Private label products Niche products Cheaper alternatives available Buyers: Large Retailers Financially strong Backward Integration Low Profit margin Other Stakeholders: Health Groups Environmental Groups Fair Trade Organizations Rivalry among existing firms: Large number of players Dominance of big players Highly diversified markets Analysis of Porters Five Forces: The Bargaining Power of Suppliers (Low): The bargaining power of suppliers in FB Industry low as the raw materials for this industry includes fruits and vegetables, meat and fish, dairy products and grains, tobacco, cereals and grains, etc which could be purchased in the open markets around the world. And some FB producers have integrated backwards into producing their own raw materials, negating the need for suppliers. Also suppliers tend to be financially quite weak giving market players upper hand. The Bargaining Power of Buyers (High): The bargaining power of suppliers on the other hand is quite high as typical buyers are large retailers such as Wal-Mart, Carrefour, etc. who are financially very strong and usually make large purchases and enter into long term contracts with market players; as the profit margins for the buyers is quite low. So loss of one retailer could significantly impact upon a manufacturers revenue. Buyers are frequently integrating backwards, with many retail chains offering their own branded packaged food goods usually referred to as Private label products. The Threat of Potential New Entrants (Present): The threat of new entrants is high for small players who only serve few products and few markets (regional or national players) but is low for highly diversified big market players such as Nestlà ©, Unilever, etc. who operate globally. Since its a highly fragmented market small-scale entrance by occupying a niche in the industry is possible and high these days. But new entrants have to bear switching costs (which can be quite high) as its very hard to convince consumers to try new brands/products. Also big players can restrict the access to distribution channels for new players through their contacts and power in the market. The Threat of Substitutes (High): The substitutes are often cheaper and just as popular with consumers in FB Industry as most of the products in this industry are in a way a substitute of some other products, like Tea for Coffee, Coke for Pepsi, NutraSweet for Sugar, etc. These days private label products, organic foods; nutritional foods, etc. are also rapidly substituting the packaged foods. And there are almost no switching costs for end consumers as they just pick any new products instead of their regular ones if they want to experiment. The Extent of Competitive Rivalry (High): The competitive rivalry among the firms is quite high in this industry as the enormous size of the industry creates endless opportunities for the players to compete for. Large number of players, ready availability of substitutes, low entry barriers, low bargaining power of suppliers and fast changing customer tastes intensifies rivalry in the FB Industry. And also slow down of sales in the industry in 2009 will intensify the competition in the market, as everyone would try and gain market share now by take sales away from other competitors. Relative Power of Other Stakeholders (High): SWOT Analysis: Internal Factors Analysis Summary (IFAS): Internal Factors Weight Rating Weighted Score Comments Strengths S1: Finance 0.15 5.00 0.75 Low debt/asset ratio S2: Global Presence 0.10 4.50 0.45 Market Leader S3: Brand 0.10 4.50 0.45 One of USAs most admired S4: RD 0.10 5.00 0.50 Industry leader S5: Diversified Portfolio 0.05 4.50 0.22 More than 6000 brands Weaknesses W1: Quality Control 0.20 3.50 0.70 Increase in product recalls W2: Growth 0.10 3.00 0.30 Growth recovery slow W3: Emerging Markets 0.10 3.20 0.32 Less emphasis W4: Logistics Cost 0.05 2.00 0.10 Quite high W5: Perceived Image 0.05 2.00 0.10 Considered to put profit first Total Score 1.00 3.89 Strengths: Nestlà © apart from being the market leader in FB Industry is also financially very strong with highly diversified portfolio of more than 6000 brands, global presence, and strong RD capabilities; and in the process has developed a very strong brand image which it uses as leverage to generate high sales. As it has global presence it has customized its products according to consumer preferences in the local markets. Nestlà © is also the leading company to invest heavily in RD (annual invest of $ 1.8 billon approx.) as it considers innovation as one of its primary growth drivers. Weaknesses: Due to the sheer size and geographical diversity of Nestlà ©, controlling quality in many of its factories and supply chains is becoming difficult for Nestlà ©; which in turn is resulting in product recalls, loss of goodwill, and effect to the brand image of the company, which can lead to low customer loyalty. Another one aspect where Nestlà © is lagging behind is that it has not been focusing much on emerging markets as majority of its sales are from developed markets. Its logistical costs and inventory management costs are also quite high due to its geographical diversity. Its growth has been has slow after the economic downturn as compared the industry as a whole, which has been on the recovery track since. External Factors Analysis Summary (EFAS): External Factors Weight Rating Weighted Score Comments Opportunities O1: Health food trend 0.15 4.50 0.67 Rise in health consciousness O2: Developing Emerging economies 0.10 3.50 0.35 High growth rate O3: Opening of Eastern Europe 0.05 3.00 0.15 Can expand there O4: Out-of-home consumption 0.10 3.50 0.35 More than 40% in Americas O5: Premiumisation 0.10 3.20 0.32 Growing incomes Threats T1: Rising prices of raw materials 0.10 3.00 0.30 Climate change food shortages T2: Specialized competitors 0.15 3.50 0.52 General Mills in Yogurt Mkt. T3: Increasing Regulations 0.15 4.00 0.60 Spats with FDA T4: Currency Fluctuations 0.05 2.50 0.12 Strong Swiss Franc T5: Negative Publicity 0.05 3.00 0.15 Due to alleged unethical business practices Total Score 1.00 3.53 Opportunities: One of the major opportunities which can be the future growth driver for Nestlà © is healthy and nutritional foods segment, as by 2014 the global organic food market is forecasted grow by 60.7% since 2009 and while the global functional drinks market is forecasted to grow by 32.9% since 2009. Also further penetrating the Asian, African and Eastern European markets by using merger, acquisition and joint venture strategies can also be a major growth driver for Nestlà ©. The growing level of incomes of the middle class around the world is also providing Nestlà © with opportunities for launching its premium products such as Mà ¶venpick, etc. in the developing economies. Threats: Two of the major factors threatening Nestlà © are specialized competitors and increasing regulations by government bodies. As Nestlà © is highly diversified it faces problems when it has to compete with competitors who are highly specialized in one product such General Mills in US Yogurt Market. Also any change or stricter enforcement of regulations by government bodies like FDA, tend to threaten Nestlà © as it would have to change its production process or may even face lawsuits pay fines due to some violations of the regulations, which will also give rise negative publicity about the company. Due to the economic downturn of 2009, currencies fluctuations have been hurting Nestlà © as Swiss Franc has strong against the most of the other currencies. Strategic Factors Analysis Summary: Strategic Factors Weight Rating Weighted Score Duration Comments S H O R T I N T E R M E D I A T E L O N G S1: Finance (S) S3: Brand (S) 0.15 5.00 0.75 X Large amount of cash 0.10 4.50 0.45 X Major global brand W1: Quality Control (W) W3: Emerging Markets (W+O) 0.20 3.50 0.70 X Recent product recalls 0.10 3.20 0.32 X Give more emphasis O1: Health Food Trend (O+S) O5: Premiumisation (O) 0.15 4.50 0.67 X Major growth area 0.10 3.20 0.32 X Increasing incomes T2: Specialized Competitors (T+O) T5: Negative Publicity (T) 0.15 3.50 0.52 X Possibilities of JVs 0.05 3.00 0.15 X Significant impact on customer loyalty Total: 1.00 3.88 Short Term: The FB Industry can see short and explosive bursts of growth, so it is necessary for Nestlà © to always have few strategies ready for short periods or it might not be able to capitalize on important trends or fads. For short term Nestlà © should focus on Premiumisation in developing and emerging economies as the incomes of the middle classes is rising there, which is fuelling their want of premium products now. Since Nestlà © already has lot of products in the premium segment, so all it has to do is to launch them into developing and emerging economies now; which will only take short time period to do and with minimum costs. Intermediate Term: Quality Control, Emerging markets, health food trend and specialized competitors are factors which Nestlà © will have to address in the intermediate time period, as they can adversely its sales if left unchecked. Nestlà © has to bring its quality in to control quickly otherwise it will be at risk of losing its loyal customers and might even face lawsuits. By expanding and capitalizing in emerging markets like India, China, etc. and current health food trend Nestlà © will be able to compete with its competitors and maybe also gain market share in the process. Collaborating with its competitors or buying them out in the segments which require specialized skills will take some time but is a necessary step or in long term they might become a huge threat to it. Long Term: Nestlà ©s long term scenario is quite balanced as it is financially very strong with a brand name that is counted among the top 25 brands in the world, but it also has repair its deteriorating image in customers minds. Being the market leader in the industry and with worldwide renowned brand Nestlà ©s sales revenue is far greater than that of its competitors which gives it high leverage capabilities while operating in the market. It has been coming under attacks from various social groups in recent years, which has been damaging its goodwill among its customers. Nestlà © has to strongly address this issue slowly and carefully so that it is come back to haunt it, and do that it has to invest heavily in very effective and efficient Public Relations management team. TOWS Matrix: Internal Factors (IFAS): External Factors (EFAS): Strengths (S): Finance Global Presence Brand RD Diversified Portfolio Weaknesses (W): Quality Control Growth Emerging Markets Logistics Cost Perceived Image Opportunities (O): Health Food Trend Developing and Emerging Economies Opening up of Eastern Europe Out-of-home consumption Premiumisation SO Strategies: Develop products for health nutrition segment. Find joint venture partners in Eastern Europe. WO Strategies: Expand Nestlà ©s presence in Eastern Europe Asia. Change Nestlà ©s perceived image. Threats (T): Rising prices of raw materials Specialized Competitors Increasing Regulations Currency Fluctuations Negative Publicity ST Strategies: Do backward integration. Either use joint venture acquisition strategies or RD to gain market share. WT Strategies: Invest in PR management to improve the image of Nestlà ©. Emphasize on developing emerging markets to gain market share. SO Strategies (Maxi-Maxi): SO strategies are formed so that the strengths of a company can be used to capitalize on its external opportunities. So by analyzing Nestlà ©s strengths and opportunities available to it I have decided to use two strategies for Nestlà ©s future growth. As the demand of healthy nutritional foods is increasing Nestlà © can use its strong RD capabilities to develop products for this segment. Another strategy that Nestlà © can use is to find partners for joint ventures in Eastern European market as it being relatively new, it might not be aware of how things happen there; so it should first do joint ventures there to study the market first as opposed to moving with full force in the market. ST Strategies (Maxi-Mini): A company applies ST strategies to avoid its external threats using its strengths. As Nestlà © is financially very string it has the capabilities to do backward integration with its suppliers, which will in turn insure Nestlà © of a secure steady supply chain and quality of its raw materials. Another strategy that Nestlà © can also use is that through its financial strength, brand image and global presence it can either acquire or enter into joint ventures with its competitors who are highly specialized; or it can use its strong RD to also develop specialized products for that segment. WO Strategies (Mini-Maxi): WO strategies are aimed to improve a companys internal weaknesses by capitalizing on its external opportunities. Nestlà © can reduce its logistical and inventory management costs by expanding its presence to Eastern Europe and Asia. Another strategy that Nestlà © can use is to change its Perceived image (of putting profit first) by developing and introducing more healthy nutritional products. WT Strategies (Mini-Mini): WT strategies are defensive tactics employed by a company to reduce its weaknesses and avoiding its external threats. As the image of Nestlà © is being tarnished by negative publicity arising out of recent product recalls, compliance issues for violating regulations, etc. it should heavily invest in its PR management; so that such negative publicity could be avoided next time. Nestlà © should put more emphasis on selling in developing and emerging markets to continue steady growth while increasing market share and also for purchasing and producing there to counter the rising prices of raw materials and labor costs. Assessment of Current Company Performance: Efficiency: Nestlà ©s recently been following the strategically expanding through acquisitions and investments. It has been quite successful in expand its line of frozen foods in North America through the acquisition of Kraft Foods frozen pizza line for $ 3.7 billion in cash. Nestlà © also had several other small acquisitions in the first quarter of 2010 which did not have a significant impact on the Groups sales and profit for the period. Nestlà ©s acquisition related costs in the first quarter of 2010 were about $ 13.4 million. Effectiveness: Nestlà © was effective in carrying out its expansion strategy through acquiring frozen pizza line from Kraft Foods as where the company had only a minor presence until now; it is the market leader in frozen food segment in North America. It successfully integrated Kraft Foods pizza business into the Nestlà © Group as well as its 3,620 employees, with their valuable talent and expertise in Nestlà ©. The frozen pizza line showed 14% organic growth in the first quarter of 2010. Sales and profit of Kraft Foods frozen pizza business in the first quarter of 2010 amount respectively to $ 6.11 billion and $ 65.2 million. Return to Investors: Nestlà © paid dividend of $ 5.632 billion in the first quarter of 2010 which showed an increase of 7.8% when compared to the dividend payment of $ 5.223 billion in 2009 for the same period. Increase in dividend shows that Nestlà © is starting to recover from the financial crisis of 2009. The share value of Nestlà © went up by $ 0.91 per share for 2010. Review of Options for Future Direction In order to address its weaknesses and external threats Nestlà © has to critically use its strengths and capitalize on its external opportunities by using some of the strategies mentioned in the TOWS matrix earlier. One of the strategies that Nestlà © can use is expansion strategy through strategically acquiring and merging with its competitors and investing in production facilities in developing economies. It should acquire or start joint ventures with firms in developing markets like India, China, Russia, etc. to capitalize on their booming economies and gain market share quickly before other global players enter the markets as it has the financial backing to support such expensive ventures. Also it should start investing in developing markets to develop its own production and distribution facilities so as to eliminate dependency on local players. Another strategy that Nestlà © should undertake is Growth through Innovation in health nutrition food segment. Due to the rising education levels and general awareness around the world consumers are becoming more more health conscious, which is an important opportunity and will be a future growth driver for Nestlà ©. It should use its highly developed RD capabilities to develop more healthy and nutritional foods to cater to this growing group of consumers. Implementation of New Strategies Structure: Nestlà © has a decentralized organizational structure which has been very beneficial to it as far flung divisions could take decisions in real time to exploit the opportunities present to them; but due the huge technological advancements in the past few years this autonomy has led to conflicting practices within the company; making it a nightmare to coordinate activities between divisions in different geographical zones. It has to centralize its operations to gain a tighter control over its far flung divisions and businesses, so that Nestlà © can (with a unified centralized system) leverage its products in real time on a worldwide scale to generate higher sales. Systems: Nestlà © has its production and logistical systems under control to meet any unexpected growth surge in a short period of time and to fuel growth for expanding in developing markets. But Nestlà © has to take care of its supply chains as they can virtually leave Nestlà © hanging in the air if any change in natural political environment takes place with the possibility of disruption in supply of raw materials or a drop in the Why do Multinational Companies Exist? Why do Multinational Companies Exist? According to Needle (2010), Multinational enterprises are those enterprises which carry its production activities in more than one country. These companies make sure of the supply of raw material to the other country they are operating in. As per Buckley and Casson (2009) many of the multinational operate in different country because of many reasons such as low labour costs, serving a huge market, cutting of their taxes and production costs, innovation in technology and exploitation of resources. According to Dickens (2011), today we are living in borderless world as there are no boundaries that exist between the countries or nations. Globalisation is the new trend changing the political and cultural order of the world (Buckley and Ghauri,2004). Every operation that has been carried out by companies goes around the world. Innovation is growing very fast and so do competitiveness. Globalisation can be define as the increase in the frequency and duration of linkages between countries leading to similarities in activities of individuals, practices of companies, and policies of governments (Czinkota 2005). From the statement we can say that companies go global because of many reasons as now the countries are linking to each other to share the information and wealth. As said by Rugman and Verbeke (2005), Firms become multinational because they want to grow, expand and diversify their operations. Operating in their home country wont satisfy them so they go global. Using the resources of their home country make it obsolete or bound them in a limit to not to go further. Then firm decides to go global by making investment on their further growth. As argued by Madura (2008) following are the theories which a firm follows when it globalises such as: Theory of Comparative Advantage The Imperfect Markets Theory The Product Cycle Theory As explained by Madura (2008), Comparative advantage theory says that when countries specializes or have expertise knowledge in one field than they dont waste their resources or energy on research of other field, they share or trade with other countries to share their expertise field. They take advantage of their expertise knowledge and become a head in comparison with others. Labour force is skilled and lower in cost in India and China as compared to western countries. They can be transported or hired for the operations for other companies. Companies such as Intel, IBM, Wipro operate in different countries because to utilise their efficient resources. These companies are operating in India, having their call centres outsource sharing the expertise knowledge in the field of Information Technology as India produces a large amount of IT experts. Imperfect market theory says that if the markets of a country stop trading with other countries than there will be no international trade. As per Dewey (1969), if the markets of the countries were perfect then there would be an easy transfer of resources from one country to another. Factors of production like labour, raw material, machines and capital can be transferred wherever they are demanded. This temperament of deal between the countries creates a similarity in costs and removes the relative cost of advantage, global trade and investment. In todays world there are situation when imperfect market conditions arises, where transfer of labour and other factors of production is restricted at some level. For example, MNEs such as Gap and Nike take advantage of the resources related countries. Imperfect market offers these companies to exploit their market and cross the trade barriers of import and export. According to Madura (2008), in Product Cycle theory, firms establish first in their home country by utilising all the resources available in the market. In home market they have an advantage over competitors. After operating in home market firm feels to expand their operations by entering into foreign market and producing their products overseas, reducing their transportation cost and other cost of production. There are existing competitors in the global market and to compete with them they introduces new technology and products in the market. For example, Dell, Lenovo, Toshiba are the companies who spent lot of their resources in their research and development for the latest technology. As argued by Kapoor and Grub (1973), firms motivate themselves to become multinational enterprises because of the foreign direct investment that helps in crossing the trade barriers to other countries. They also explore different cultures and management structure followed in different countries. Firms become multinationals in order to reduce the risk of foreign trade and become politically and economically well established. By going global they create a good relationship between the nations and create a name and goodwill to the firm. For example, many of the American companies are going global as they now operating their activities in the growing economy of different countries such as Brazil, China, India, Russia etc. Many of the emerging market companies such as HTC, Samsung, Nokia etc. are also spending on their research and development and sharing the information on technology sector. According to Markusen (1995), as he explains the Dunnings OLI framework that there are three advantages in which a company can have direct investment. Firstly, Ownership advantage is when a company has trademarks and copyrights of producing a product line and no other company can duplicate their product. Secondly, Location advantage is there when a firm creates his monopoly in a particular region serving a large amount of society. It is done as the foreign market offers the low cost of production to firms which make it profitable for the firm to serve that region. Thirdly, Internationalisation advantage says that if there is a market to cater than instead of going out there and start a new production unit, its better to license and sell your technology to a company and they will produce units for you. As stated by Madura (2008), there are some ways by which firms become multinational enterprises. International Trade Licensing Franchising Joint Ventures Acquisitions of existing operations Establishing new foreign subsidiaries According to Hill (1994), International trade means exporting and importing of goods and services between different nations and different companies. If a company start facing losses that it can reduce or stop exporting or importing from different countries as there is no huge investment involved in it. For example, many of the U.S. firms such as Microsoft, IBM, General Electric generates there huge amount of revenue from import export. As argued by Needle (2010), Licensing means that a firm uses several modes such as copyrights, trademarks, patents etc. to register their process of operations or the technology they use. They can transfer or share their technology with others according to their wish with low capital involved in it. For example, in India all the parts of telephone communications are manufacture by ATT and Verizon Communications as they have a licensed agreement. All the drugs that are produced and exported to Hungary and other countries are made by Eli Lilly Company. It has been argued (Spinelli et al. 2004) that Franchising means when a company authorizes its residents of the same country or other country to open an outlet using the brand of the company. Its market policies, product line and the franchisee have to follow the protocol of the parent company. In return to this the franchisee has to pay a royalty fee to the company periodically. For example, McDonald, Pizza Hut, Subway sandwiches have many outlets in many countries that are operated by the local residents of the respective countries. As per Yan and Luo (2007), in Joint Ventures two firms come together to achieve their common goal in the competitive market. In ventures risk sharing ratio is equally divided for the defined project and there should be a mutually understanding between them. These enterprises are also politically acceptable in different nations. For example, Nestle has a wide distribution of its home products throughout the world. So there has been a joint venture between General Mills Inc. and Nestle to distribute the cereals produced by the General Mills by using the distribution channel of the Nestle. It has been argued (Reed et al. 2007) that acquisition of existing operations means that the company acquires the existing competitors in the local market or in the foreign market. A company takes over another organisation as they incur heavy losses and cannot operate in the competitive market and also to vertically or horizontally integrate. A company explores the resources of another company and take advantage of the already setup done by that company. For example, Procter and Gamble acquired a bleach company situated in Panama. According to Rugman and Verbeke (2005), another way of entering in global world is by establishing new subsidiaries. The large organisations create or distribute its departments into different companies and are wholly or partially controlled by the parent company. The main organisations are called the parent company and the other is known as holding companies. If the company is totally owned by the parent company that their stock is also owned by the parent company. There is always a protection of technology as the information is not leaked out. At the same time it also involves high costs and risks in the foreign market. For example, a truck company called Overnite Transportation is a totally purchased subsidiary of Union Pacific Corporation. Conclusion At last it can be said that, the role of MNC in developing itself and the nations are very important. It in one way helps to build and economy by various advantages. At the same time it can have different repercussions if not properly strategized. The above description gives all the major points in making of an MNC. Also the essay describes the various parameters needed in making of an MNC.

Anna Karenina Booknotes :: essays research papers

Count Lev Nikolayevich Tolstoy ranks as one of the world's great writers. He was also an important moral thinker and reformer. Tolstoy was born at Yasnaya Polyana, Russia, the fourth of five children. After being educated at Kazan in 1844, he joined the army in 1852. He fought proudly in the Crimean War, and after he left the army, he traveled abroad. He inspected German schools to insure their quality before going to his brother's side outside of Marseille, France. Nicolai died at a spa with his brother at his side. This death affected Tolstoy so deeply that his writing was the only thing that kept him afloat. Upon his return, Tolstoy settled on his Volga estate, where he wrote his epic masterpiece War and Peace - the story of five families during Napoleon's invasion of Russia. His next novel, Anna Karenina, written in the romantic period, is one of the great love stories of the world. He married Sofya Andreyevna Bers, a.k.a. Sonya, and had nine children. Tolstoy then experienced a spiritual crisis which led to such works as A Confession and What I Believe. Some of his similar, earlier struggles were recorded in Anna Karenina, which he had previously published. Tolstoy converted to his religion, Tolstoyism. This faith said that "only through emotional and religious commitment can one discover this natural truth". His family disapproved of this and made life around the Tolstoy house unbearable for almost everyone. In his last days, he transferred his fortune to his wife and lived poorly as a peasant under her roof. Leaving home secretly, Lev Nikolayevich Tolstoy died of pneumonia some days later at nearby railway station. Anna is portrayed as a beautiful, mysterious woman who encompasses the quest for personal discovery. She is content in her life, but sees something that she wants more. This love, the love for Vronsky, drives her to unimaginable heights to keep her life and mental state at a safe level. As a woman, Anna suffers great injustices for her actions. These unfair laws of society drive her to her grave. Levin is representative of Tolstoy's life. He is a respected, educated, and well off landowner in the aristocracy. His quest for self-discovery leads him out into the fields with his workers, thrashing grass with the rest of them. He also lusts after Kitty, and finally attains her love when she realizes what a good and true man he is.

Friar Lawrence Caused the Deaths of Romeo and Juliet Essay -- Romeo a

‘Romeo and Juliet’ The play ‘Romeo and Juliet’, by William Shakespeare is a tragedy which tells of the tragic deaths of the two lovers, Romeo and Juliet. In Verona there were two families the Montague and the Capulet’s who had an old argument. Their children Romeo and Juliet fall in love and because of their families old arguments can never be together. Because of Romeo ‘s killing of Tybalt, Romeo is banished and through series of misunderstanding Romeo and Juliet take there lives at the end of the play. In this essay I am going to consider which characters are to be blame for the tragic deaths of Romeo and Juliet. There are many characters who could be said to have some responsibility for the deaths of the two main characters, but in my opinion, Romeo himself, Friar Lawrence and the Nurse are the most responsible for the deaths of Romeo and Juliet. Before I go on to discuss the character that who is to blame for the deaths of Romeo and Juliet, I will consider what the word blame means; the word blame means ‘responsibility for a fault or wrong.’ Romeo the youngest son of the Lord and Lady Montague was in fact a major influence on the events leading up to the deaths of himself and his wife Juliet. He acted too hastily throughout the play. He shouldn’t have asked Juliet to marry him so suddenly, and he should have thought more carefully before rushing back to Verona after hearing of Juliet’s death. He also acted violently and without thinking when he killed Tybalt. In the beginning of the play, he was deeply in love with Rosaline. He was acting like he will never love any other person in his life and when Benvolio... ...essage to Romeo. ‘I’ll sent a friar with speed to Mantua, with my letter to thy lord. It shows that it was Friar Lawrence’s responsibility to get the plan to Romeo and he acted as an irresponsible by just sending only one letter and not thinking that this letter will reach to Mantua or not. In conclusion I think the most responsible is Friar Lawrence because he made a risky plan which led to the deaths of the two lovers. The second character that I think is the most to blame for the deaths of Romeo and Juliet is Romeo himself, because he was too quick to fall in love, he was in love first with Rosaline then Juliet. He was making decision without thinking and too quick to act. The third character I think the Nurse, because she carried Romeo and Juliet’s messages and helped the two lovers to get married secretly.