The Goal Of Anthropology World Of Warcraft Essay

The goal of anthropology is to holistically study and examine the similarities and differences among all forms and contexts of humanity. With the existence of virtual humanity, it is certainly possible to compare and differentiate simulated humans to that of real-life humans (whether past or present) and that can be done through the thorough analysis of games. â€Å"World of Warcraft is a massively multiplayer online role-playing game (MMORPG)† where players descend into an online realm where a world of fantasy and epic adventures awaits them. Within World of Warcraft is a playable race, dwarfs, which seem to bear quite a significant resemblance to that of real life Neanderthals. Just on the basis of similar appearance between Dwarfs and Neanderthals, can that lead to determining comparability of their physical structures, geographical locations, lifestyles, practices, characteristics, and even their cultures? Could it be that Dwarfs were incorporated into the game of World o f Warcraft through inspirations from Neanderthal lifestyle and culture? Is there undeniable evidence that shows that Dwarfs can indeed be identified as the Neanderthals of World of Warcraft? To arrive at these determinations, a thorough and individual analysis of both human species is required and after having compared and differentiated evidence those findings could be conclusive. As a brief introduction of both human species, Neanderthals were said to be the closest extinct relative to that of modernShow MoreRelatedCybersex10501 Words   |  43 Pagescam, respectively). Cybersex is commonly performed in Internet chat rooms (such as IRC, talkers or web chats) and on instant messaging systems. It can also be performed using webcams, voice chat systems like Skype, or online games and/or virtual worlds like Second Life. The exact definition of cybersex—specifically, whether real-life masturbation must be taking place for the online sex act to count as cybersex—is up for debate. It is also fairly frequent in online role-playing games, such as MUDs

Essay on Dating on the Internet - 3869 Words

Dating on the Internet It has become todays method of communication, the wave of the future. The necessity to leave the home to do such things as shop for clothes or to go to the bank is diminishing. Business is being conducted more frequently from the home. Students will soon be able to interact with their teachers and fellow students while sitting in their bedrooms. The Internet will overtake all forms of personal interaction, and it stands to reason that this includes dating. From foreign pen-pals to heated Cybersex, the number of people who log on each day is growing rapidly. Those who used to race home from school to run outside and play, now race home to meet their best friend in a chat room somewhere; theyve never met and yet†¦show more content†¦All this excitement is just the exploration of the new media. (Womens Wire News). The telephone cut off the absolute need for face-to face discussions, yet society thinks nothing of this today. Rather the telephone is one of the most important forms of communication in our daily lives. After the telephone came the television. Children would come home from school excited because it was time for their favorite show. Parents were worried. Their children were no longer playing with their neighborhood friends. The Power Rangers replaced Andy next door, Saturday morning was for The Smurfs or Saved By the Bell, not Jenny and Tammy down the street. Television was rotting the brain, it was replacing socialization. Now the same can be said for computers. Those same kids are racing home to the Internet. They are logging on to their favorite chat rooms and talking to their friends from Australia or South Africa. With the telephone there was still the ability to engage in personal conversations, but the value of talking face-to-face was diminished. Television is an idle medium. There is no direct interaction, rather children and adults sit and stare at a screen. The Internet brings back interaction, but at the cost of intimacy. The person at the other end of the conversation is a screen, a typed sentence, a random name. There is no voice, no human qualities. Nothing to indicate this is actually a living, breathing being. The progression is there;Show MoreRelatedOnline Dating Vs. Internet Dating1574 Words   |  7 Pagesunderstand married people going frequenting online dating sites. I now realize after Googling married people online dating that married people using online dating services is not only a very common practice, there appear to be online dating service that target married people looking for a date or more. Many married people are finding the temptation of online dating irritable. On e website is stating that 150,000 married people join online dating sites each month and these sites are doing there bestRead MoreInternet Dating Essay781 Words   |  4 PagesTitle : Internet Dating: Should or Should Not? 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The two of them were introduced to one another by a mutual friend at a social function a few weeks ago. The pair then go to an elegant restaurant; where conversation flows naturally for a couple hours, allowing one another to learn about the background and interests of the other. After dessert

Nazism Argumentative Essay Example For Students

Nazism Argumentative Essay The Rise of Nazism in GermanyGermanys defeat in World War One created political, economic and social instability in the Weimar Republic and led to the rise of the National Socialist German Workers Party (NSDAP) or Nazi party. The First World War placed increasingly heavy strains and sacrifices on the German people. The gap between the rich and poor widened and divisions between classes increased. It had direct effect on the workers living standard as earnings fell and food shortages grew. Food was sold on the growing black market but the prices were high and the poor could not afford to buy. This led to a crisis in the cities and as many as 700 000 died of hypothermia and starvation in the winter of 1916-17. In order to force the German people to bear the hardship of the war, chancellor Bethmann Hollweg promised political reform in a speech in the Reichstag in February 1917. This promise led to political unrest and an organised strike of 400 000 ammunition workers in Berlin, which threatened to cripple arms production. However, as long as the military held their dominant position and the possibility of victory remained, the prospects of reform seemed remote. After the chancellor was forced to resign in July 1917 military repression increased. There were severe restrictions on the right of assembly, stricter control of meetings to discuss grievances, a return to military service for striking workers and the banning of all anti-war material. In September 1918 the military effort suddenly collapsed. The allied powers, in particular President Wilson of the United States, demanded that Germany be transformed into a democracy. On November 1918 the SPD declared the abdication of the Kaiser and the birth of the new Weimar Republic. On 28 June 1919 the German government signed the Treaty of Versailles imposed on it by the victorious powers. Clause 231 blamed Germany for causing the war and vast majority of Germans rejected this. They blamed the Weimar government for losing the war and signing the outrageous Treaty. Linked to this was the demand for financial compensation for the cost of the war paid to France and Britain. This shocked the Germans severely as it would be hard to pay reparations since the war had weakened the country. Germanys army personnel was to be reduced to 100 000 and was forbidden to produce offensive weapons. There was to be no air force or submarines and the navy was to be reduced to six small battleships and six cruisers. Perhaps the hardest condition to bear was the territorial losses. Germanys land was reduced by 13 % and all of its colonies were confiscated. Finally, because of French fears of another attack, German territory of Rhineland was to be permanently demilitarised. Political conflict also arised within the Weimar government. The Workers Councils Congress demanded further reforms but was rejected by the SPD. The far left-wing, called the Spartacist League or the Communist Party, created an uprising, which was crushed by the Free Corps a group of former army officers who later became active Nazis. The leaders of the rebels, Karl Liebknecht and Rosa Luxemburg were arrested and murdered. These factors led to a permanent split between the SPD and the USPD. Army reductions, demanded by the Versailles Treaty, triggered the Kapp Putsch. The extremist right group known as the National Association attempted to seize the government using the help of the Free Corps units. The uprising was defeated due to a general strike by the workers. The extremist right then used political assassination as a weapon to undermine the republic. There was also an economic instability in Germany during the 1920s. Inflation in Germany began with the war in 1914 and remained a policy tool of the government until the currency stabilization in November 1923. .u6f4d783395b83e5743b78bc6e8d1563c , .u6f4d783395b83e5743b78bc6e8d1563c .postImageUrl , .u6f4d783395b83e5743b78bc6e8d1563c .centered-text-area { min-height: 80px; position: relative; } .u6f4d783395b83e5743b78bc6e8d1563c , .u6f4d783395b83e5743b78bc6e8d1563c:hover , .u6f4d783395b83e5743b78bc6e8d1563c:visited , .u6f4d783395b83e5743b78bc6e8d1563c:active { border:0!important; } .u6f4d783395b83e5743b78bc6e8d1563c .clearfix:after { content: ""; display: table; clear: both; } .u6f4d783395b83e5743b78bc6e8d1563c { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u6f4d783395b83e5743b78bc6e8d1563c:active , .u6f4d783395b83e5743b78bc6e8d1563c:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u6f4d783395b83e5743b78bc6e8d1563c .centered-text-area { width: 100%; position: relative ; } .u6f4d783395b83e5743b78bc6e8d1563c .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u6f4d783395b83e5743b78bc6e8d1563c .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u6f4d783395b83e5743b78bc6e8d1563c .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u6f4d783395b83e5743b78bc6e8d1563c:hover .ctaButton { background-color: #34495E!important; } .u6f4d783395b83e5743b78bc6e8d1563c .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u6f4d783395b83e5743b78bc6e8d1563c .u6f4d783395b83e5743b78bc6e8d1563c-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u6f4d783395b83e5743b78bc6e8d1563c:after { content: ""; display: block; clear: both; } READ: A Good Man Is Hard To Find Essay Inflation allowed the government to pay back war debts in increasingly worthless currency and full employment and economic growth at a time when the victorious powers were suffering war slump. Inflation and high interest rates also attracted short-term investment. Hyperinflation in Germany led to a redistribution of wealth and those whose wealth lay in savings lost everything. Meanwhile the stability of the republic continued to be precarious against the determination of the nationalist opposition to bring it down. Some aspects of the Weimar Constitution allowed the destruction of the Weimar Republic and the rise of the Nazi party. Article 20 stated, Reichstag deputies were to be elected by universal, secret, direct ballot using the method of proportional representation. The system of proportional representation made it easier to form new parties and difficult to create and maintain coalitions. The SPD failed to establish a coalition between USPD to oppose the Nazis and this helped the Nazi Party to rise and gain power. Article 48 stated, If public order was endangered the president could suspend the fundamental rights guaranteed elsewhere in the constitution, and could intervene if necessary with armed force. This granted an enormous amount of power to a single member of the government the president. Once the Nazi Party rose to power and Hitler became the chancellor, he was able to impose on the fundamental rights of the German citizens during wartime and direct the armed forces. Social and political effects of the German defeat in WW1, the humiliation of the Versailles Treaty and the political and economical instability of the Weimar Republic led to the rise of Hitler and the Nazi Party. BIBLIOGRAPHY GERMANY 1918 1945 Democracy to Dictatorship Anne McCallum Heinemann, 1992 A HISTORY OF GERMANY 1918 1945 Republic to Reich K. J. Mason McGraw-Hill Book Company, 1996 GERMANY BETWEEN THE WARS Hitler and the Third Reich Tony D. Triggs Oliver Boyd, 1990 Encyclopedia Encarta, 1997 Encyclopedia Britannica, 1999

Financial Management Macroeconomic Condition and Composition

Question: Describe about the Financial Management for Macroeconomic Condition and Composition. Answer: Part-A Q1 (i) factors influencing the expected return on a portfolio The rate on a portfolio depends on many factors like macroeconomic conditions and portfolio composition and we have to see that to what extent it meets the financial objectives of the investors. Mix In portfolio investment the assets which we are mixing determines the return. There is always a risk return tradeoff in each asset when the risk is higher the higher the volatility and the return potential. We can take an example shares are more risky and volatile than bonds, the expected rate of return on shares can exceed than bonds over long term period. Fundamentals The strategic and operational fundamentals of the businesses affect the expected rate of returns. The company should be in a position to take the advantage of the opportunities and it can respond to the competitive threats effectively. Economy The macroeconomic conditions affect the expected rates of return .when the economy is growing economy that means more people have jobs and they spend more. For the businesses there is increase in sales, profits and the business now make the investment in new employees and equipment. Other factors The fiscal policy, political stability and regulations also affects on the expected rate of return .when the fiscal deficits are large it reduce the flexibility of government which results the borrowing cost of business become higher (Basu, 2011). Q1 (ii) Distinguish between Selection and Allocation in the Context of Portfolio Management Allocation means the ability by which we can allocate the assets to various sectors or groups. It measures our ability how effectively we can allocate the assets to different sectors. It measures that when the stock is overweighting or when it is underweighting of sectors and it is relative to a benchmark whether it contributes either positive or it may be negative to the accounts overall return (Interactive brokers, N.D). Selection means the ability by which securities are selected from a sector which is relative to a benchmark. It is a part of managers skills and performance attributable when he is selecting securities. When the managers choice of security is bullish, benchmark will be under weight on choosing security. On the other hand, if a managers choice on a security is bearish, then the benchmark will be over weight on the choosing security (Rau, 2013). Part B QB1) market efficiency and 3 notions of market efficiency This concept is taken from the market hypothesis, and it suggests that the price of the security reflects all the news about the security. The important point to consider is that if the market is efficient the security price is not affected by any information which is expected by the investors. Only that information will impact the price that is not fully expected by the investors. The 3 notions of market efficiency are as follows. The weak form states that the present stock price of the stock show all the data of past market. So the stock price will be reflected by the past data and the trader cannot guess the prices of stocks in future based on past stock price. Semi strong form states that the present stocks prices show the information which is publically available and it also includes the past information. This form also encompasses the weak-form. So any investor does not use the information which is publically available to identify the mispriced securities. The strong form states that stocks prices will include all the information whether it is public or private .So, if a market seems to be efficient, then the traders who have insider information of market cannot take benefit to make abnormal profits (Maverick, 2015). QB2) (A).The Capital Asset Pricing Model According to CAPM, theexpected return from a security is equal to the rate on risk free security adding a risk premium with it. After that, assets systematic risk can be multiplied by it (Wagner, 2016). In financial Management, risk is a part of return on security i.e.when risk is more or when risk is taken the return would be higher and lesser will be the chances of loss (Harvey, 2011). The model depends upon certain assumptions. There are 9 assumptions. The original assumptions were: Investors are those persons who want to maximize their wealth and for this purpose, they select the investments which give them expected return and standard deviation. Investors have unlimited amounts that can be borrowed or lend at rate which is free form risk. Short sales own no barriers. The investors have same expectation which is related with market. Financial assets are sold at market value and are divisible. Absence of Cost of transaction. Tax free. The acts which the investor perform have no influence on market price. All financial assets quantities are given and it is fixed (Eugene and Kenneth, 2004). QB2) (b) Arbitrage pricing theory (APT) It is a process to determine the price of anyasset. The main assumption of this theory is that various factors like macroeconomic, market and security-specific factors influence the return on assets. The model is based on pricing of asset and on the idea that the returns on asset can be determined by studying the association between that assets and risk factors involved. Stephen Ross evolved this theory in 1976. It explains the connection of the returns of a portfolio with return of a single asset which consist the combination of independent macro-economic variables. It is a one-period model with the assumption that the stochastic property of returns of capital assets is reliable with a structure factor. The author argue that if price of symmetry offer no opportunity over still portfolios of the property, then the expected returns on the property are just about closely connected to the factor loadings (Huber man and Wang, 2005). QB3) (A) In the past thirty years the founders have found out a various cross sectional patterns related to return on equity are called effect. For Example effect of volume, price effect related to cash flow and influential effect and liquidity effect. The similar study has revealed the CAPM model of Sharpe, linter and black but it cannot explain in equity returns. So these effects are termed as anomalies, because they are not consistent with the combined theory of market competence and the properly specific asset pricing model. According to Fama, to test the market efficiency a combined test of the asset pricing model and market efficiencys have been conducted but these anomalies do not show the proof of inefficacy prevailing in market but it shows that the asset pricing method is not clearly specified. They propose 3-factor model to make clear the equity returns that is called FamaFrench model. The factor has argument that CAPM model contains two more factors. It covers the return premium of little firms above huge firm and of high B/M firms in excess of short b/m firms. Fama and French (1993, 1996) explained that the 2 extra factor which is connected to dimension and B/M that detain the danger is orthogonal to market factor and, so their model is a multifactor danger based model (Ghaghara, Lee And Veeraraghavan, 2009) (B) According to the studies made by Fama and French mainly their 1993 and 1996 studies it display that their model is performing well in USA .The adjustedr2s from their regressions are around 8090 percent. And furthermore their model explain a number of CAPM anomaly as a consequence of their work and like study made by additional researchers the FamaFrench model have turn into fairly.. There is a restraint in Australian investigation is that the asset pricing models are experienced on a big number of portfolio , and B/M portfolios are used as the test portfolios next Fama and French .the market of Australia is very small than the US market and the market comprise of only few stock. So we can say that it is not appropriate to test the model on a huge number of portfolio. The main cause is that the normal divergence of the portfolio income is too high as the no of stocks in the portfolio is very little this will prejudice the analysis that the model is rejected. So we have to examine the model on lesser number of portfolios. In this study, model can be tested on a much lesser number of portfolios. Main objective behind their work is that if the model gives good description about equity returns then it is able to explain the returns of the test portfolio created by sorts on which is recognized CAPM anomaly. The model become accepted because it explain the returns on many sets of test portfolios in the USA and the Australian research has not tested the FamaFrench model on the groups of portfolios which is formed by sorting on a broad variety of firm feature. So the second motivator to test the model on portfolio which is created by sorts the characteristics which is known to give details the cross-sectional difference in equity returns in order to inspect whether the model explain any experiential belongings. Finally, in 2007 Gharghori find a feeble proof of a leverage effect and various studies of Australia have examined the volume, B/M and liquidity effects and the majority of the findings are consistent with the determining Australian text. Hence it is less proof about the E/P and leverage effect in Australia and according to information, print work on the C/P effect. So an inspiration of the current study is to reinstate whether the size, B/M, E/P, C/P, leverage and liquidity effects subsist in Australia (Gharghor, Lee and Veeraraghavan, 2009). Part C QC.1.a Motives behind mergers and takeovers We split the motive behind merger and takeover into 3 main groups: Strategic motives These motives are easily justified and the transactions are mostly significant and essential. success will not be guaranteed only if there is a strong intentional motive The management of process of integration may be poor, wrong target may be chosen or price paid is of higher value. Financial Goals Financial Goal is a key element in all takeovers and mergers all are intended to attain a acceptable rate of return for the investment and danger been taken, however, there may be situation when the reason behind the transaction is monetary rather than planned. The financial returns are very important and it derives the deal. Managerial motives When any MA fails we can trace it back and called them as managerial motives. It is a not a good news for a shareholder of a business who is in takeover business, this transaction of merger and takeover destroys the amount of shareholder value (Riley, 2012). QC.1.b Corporate control means the right to appoint, fires and set the payment is set for the managers who holds top position. When the bidding company takeoff the firm; the controlling privileges of the firm which is acquired are transfer to the acquiring firm BOD. The controlling rights are retained by the corporate boards and they hand over the privileges to supervise the corporate wealth to the managers. So the resources of the target are managed by acquiring firm top management. Takeover can be done by 3 methods like tender offer, merger, through proxy contest, and most of the time all the 3 elements are present. In merger the company who is bidding offer to the company to buy common stock at a value which is surplus of the target firm earlier MV. And when we talk about mergers they are manage with the target managers directly it is approved by the BOD of the target company before the vote of shareholders approval. Tender offer means directly buy the shares of shareholders who make a decision on their own whether they wanted to give their shares for sale. Proxy contests take place when a dissatisfied group mostly led by an unhappy manager or by large stockholder and they attempt to increase the seats on the BOD of the target firm (Jensen and Ruback, 1983). An overview of the issues and evidence Mannes article initiate an interest in how controlling market attracts big corporation, and in a lot of cases the information about many facets of the market for corporate control has enlarged significantly. This body of technical information about the business conquest market provide the answer of the question stated below: How large the shareholders of both the firms of gains? Due to opposition of the bids by the manager of target firms it diminish the shareholder prosperity? Does antitrust resistance to takeovers compel costs on merger firms? Whether proxy contests exaggerated shareholder wealth? voting rights of the corporate are precious? Short evidences provide a supportive guide to the more in depth conversation that follow. Many studies guess that what are the effects of mergers on the stock prices the participate companies. There are 2 tables 1, 2 and they present a prcis of changes in the prices of stocks for both winning and failed takeover in the study. The returns in the tables represent our mixture of the evidence. Discussion of the details of the studies and the issues that lie behind the estimates in the tables is contained in section 2, the prosperity effects of takeover activities. Table 1 Abnormal percentage stock price change linked With winning company takeovers takeover technique target % bidder % Tender offer 30 4 Merger 20 0 Proxy contests 8 N.A Abnormal percentage stock price changes associated With failed company takeover bids takeover technique target % bidder % Tender offer -3 -1 Merger -3 -5 Proxy contests 8 N.A Table 1 depicts that target firms has a winning takeovers experience statistically important and the prices are changed twenty percent in mergers and thirty percent in abnormal tender offers. The firm which is acquiring realize a major abnormal profit of four percent of in tender offers and 0 in mergers. And the second tabledepicts that together the companies that is bidders and targets suffers a little negative abnormal stock cost change in failed merger and tender offer takeovers, even though only the -5% return for failed bidders in mergers is considerably dissimilar as of 0. Stockholders holding proxy contests in the corporation earn normal abnormal returns of about eight percent . It was astonished that these returns are not significantly lesser when the insurgent group lose the competition. The difference between the large stock price increase for winning target firms and the irrelevant stock price changes for failed targets indicate that the profit of mergers are realize only when power of the target firms assets is transfer to a acquiring firm. It suggest that the target firm stockholders have harmed when the managers of the target oppose the takeover bid and take additional measures that decrease the chances of winning acquisition. Moreover, the target managers have change when, the takeover loose control, reputation and the value of organization human capital, they can resist the takeover bid still. They take advantage significantly from the acquisition. When management resist to a bid it will gain stockholders when it lead to a superior takeover cost or else the prices of stock greater than before. When the management resist it effects on share shareholder prosperity and it is an experiential substance. Now we see the result of corporate network on the takeover. And we see that the companies which are better connected are more lively bidders. Both the companies have 1 or 2 directors common, there are always a chances that the transaction will be completed fruitfully without arguments and the time taken in the negotiation is very short a bidder and a target have 1 or more directors in general, the probability that the takeover transaction will be successfully completed augments, and the length of the discussions is shorter. The associated targets often accept offers that occupy equity. The worth of the information of the directors network consist of directors ability how they collect the information which is non public about the target or bidder and the synergies in an MA. corporations who have superior information can access (through networks) are and they discover precious targets and can start more takeovers. The 1st question that is asked is that the takeovers occur between the firms having familiar directors? It may be possible that the firms, who want to take over another firm, offer a directorship to any director of a potential target or bidder, respectively. One of the significant issues of negotiation is the payment method it may be in money, equity or both. So it all depends on market conditions, the acquiring company policy which he adopts against the target company that the takeovers increase the value of the target, or the bidder company, or its aggregate market value (Renneboog and Zhao, 2014). References Basu.C, Studio (2011) factors influence the rates of return on an investment, accessed on 16 august 2016 from https://finance.zacks.com/factors-influence-rates-return-investment-1420.html Rau.R (2013) asset allocation vs. Stock selection: evidence from a simulation exercise, pages 1-15 https://deutscheam.com/assetdownload/de/43dcef382b2a412880243e21edd63093/asset-allocation-vs.-stock-selection_-evidence-from-a-simulation-exercise.pdf Interactive brokers (N.D.), performance attribution white paper, Pages 1-5, accessed on 16 august 2016 from file:///c:/users/guest/downloads/performance_attribution_white_paper.pdf Maverick.J.B. (2015), what are the differences between weak, strong and semi-strong versions of the efficient market hypothesis? , accessed on 16 august 2016 from https://www.investopedia.com/ask/answers/032615/what-are-differences-between-weak-strong-and-semistrong-versions-efficient-market-hypothesis.asp Foundations of finance: Market Efficiency, lecture notes 17, pages 1-14, accessed on 16 august 2016 from https://people.stern.nyu.edu/ashapiro/courses/b01.231103/ffl17.pdf Finance train, market efficiency and its three forms, accessed on 16 august 2016 from https://financetrain.com/market-efficiency-and-its-three-forms/ Campbell r. Harvey, (2011) professor of finance, Fuqua School of business at Duke University Nasdaq,.com, capital asset pricing model (CAPM ) accessed on 16 august 2016 from https://www.nasdaq.com/investing/glossary/c/capital-asset-pricing-model Eugene F. Fama and Kenneth. R (2004), the Capital Asset Pricing Model: theory and evidence, journal of economic perspectives, volume 18, Number 3summer, pages 2546 https://www.maths.usyd.edu.au/u/ug/im/math2070/r/famafrench_jep2004.pdf Wagner. J (2016), capital asset pricing model (CAPM): Definition, Formula, Advantages Example accessed on 16 august 2016 fromhttps://study.com/academy/lesson/capital-asset-pricing-model-capm-definition-formula-advantages-example.html Huberman. G and Wang. Z, (2005) arbitrage pricing theory, Federal Reserve Bank of New York staff reports no. 216, jel classification: g12, pg 1-20 accessed on 16 august 2016 from https://www.newyorkfed.org/medialibrary/media/research/staff_reports/sr216.pdf Riley. J (2012), the main motives behind takeovers andmergers, accessed on 16 august 2016 from https://www.tutor2u.net/business/blog/the-main-motives-behind-takeovers-and-mergers Renneboog and Zhao, (2014) Director Networks and takeovers, Journal of Corporate Finance, Vol. 28: 218234. Jensen and Ruback (1983) The Market for Corporate Control, Journal of Financial Economics, Vol. 11(April): 5-50 Gharghor, P., Lee Roland and Veeraraghavan, M. (2009) anomalies and stock returns: Australian evidence, accounting and finance, vol. 49 pp 555 576..

Social Biases in Our Society an Example by

Social Biases in Our Society Just how powerful can social bias be in influencing a persons thoughts and his actions? Are social injustices such as discrimination, stereotyping, and prejudice enough for a person to decide against his morals to commit a crime, or even a murder? Perhaps the incident involving a 15-year old in March of 2001 will prove to be sufficient for an answer. Need essay sample on "Social Biases in Our Society" topic? We will write a custom essay sample specifically for you Proceed Charles Williams, of Santee, California, shot to death two of his high school classmates and wounded 13 others, in a shooting later confirmed as related to hate crimes by the authorities (Anti-Defamation League, 2001, p. 2). As stated by his classmates during an investigation, they had said that Charles, a skinny and short freshman, was often the attention of ridicules and bullies of the other guys. People Very Often Tell EssayLab professionals: How much do I have to pay someone to write my assignment online? Essay writers recommend: Things Go Better with Our Experts In a study by the National Education Association, they have found out that majority of the hate crimes are committed by those twenty years old and younger. In a particular study NEA had done in Chicago in 1992, it was revealed that in over 534 cases of hate crimes, 60% were committed by the said age-group (ADL, 2001, p. 2). In the apparent search for answers to this tragic reality, we are left to question the reasons for the proliferation in our culture of these social biases, which causes the most numbers of fatal hate crimes being committed by the youth. Social Biases The Anti-Defamation League defines discrimination as, the denial of justice and fair treatment by both individuals and institutions in many areas, such as employment, education, housing, banking, and political rights (ADL, 2001, p. 9). Its false ideals are founded on the superiority of a certain race, religion, or social class against another or a group of others belonging to a certain class. It can be observed evidently on the various sectors of society, be it in schools, corporations, politics, even in some restaurants, and in other institutions. Prejudice is basically pre-judging; according to ADL, it may be defined as making a decision about a person or group of people without sufficient knowledge. Prejudicial thinking is frequently based on stereotypes (ADL, 2001, p. 9). An example would be how a society, in general, treats ex-convicts with mistrust, and the seeming prejudice of the general society to all criminally-accused as already-proven guilty. Another form of bias as defined by the ADL is stereotype; it is the oversimplified generalization on a person or a group of people without regard for individual differences. Even seemingly positive forms of this can have negative consequences (ADL, 2001, p. 9). An evident form of this type is the stereotyping of people wearing eyeglasses as nerds; another is the stereotyping of those who excel in sports as being unintelligent. Subtle and Blatant Bias A thin line separates subtle than that of a blatant bias. Its meanings share a common ground in its tenet and practice, that making a distinct separation would prove taxing. However, certain conditions make the distinction clear enough for us to make comparisons, and delve deeper into these two topics. Subtle bias often functions in the unconscious level. People experiencing this show signs of sympathy to the aggrieved parties, are supportive of the ideas of equality, and consider themselves as non-biased people. However, they also bear ill feelings towards other minority groups. This type of bias is believed to be common with most of the well-educated American whites in the United States (Loewenstein, p. 1), as compared to the blatant type of bias which is characterized by direct and overt expressions of discrimination. A study done on this topic revealed that, a bystander who is the lone witness to an accident will help the victim regardless of his race. However, when there are multiple witnesses to the accident, he would be less likely to help the victim if he is of a different race (Loewenstein, p. 1). People who are victims of bias will tend to be less productive than what they are actually capable of achieving. There is an absence of a feeling of acceptance to a particular group where he belongs, resulting from covert and often overt manifestations of other peoples hatred towards the person belonging to a minority. This situation at times results in violent and fatal reactions from the individual, as we have witnessed with Charles Williams, when the person is driven to the limits of his temperament and personal morals (ADL, 2001, p. 2). Authorities have suggested a means of overcoming bias in society: through ways aimed at the root causes both at the individual and group levels. At an individual level, techniques may be aimed at the incognizant level, by ways such as broad-ranging educational guides to construct new, anti-bias preconceptions towards a social group, such as Blacks, Hispanics, etc. The introduction of such new anti-bias associations, plus the awareness of their propensity for discrimination had been shown to encourage self-regulatory progressions that would eventually result in, with ample time and experience, the lessening of negative values and mind-sets (Loewenstein, p. 3). On a group level, the use of the Common In-Group Identity Model had shown potentials of eliminating prejudiced thinking. In this technique, members from various social classes are grouped into a single ordinate core, thus eliminating the they and replacing it with we perceptions (Loewenstein, p. 3), hence discouraging the contributing factors to various forms of bias, discrimination, and racism. References 101 Ways to Combat Prejudice (2001). Anti-Defamation League. New York, New York 10017 U.S.A: Anti-Defamation League. Loewenstein, H. Aversive Racism-Subtle Bias, Combating Aversive Racism. Encyclopedia jrank.com.

Argumentative Essay Sample on Euthanasia My Personal Opinion

Argumentative Essay Sample on Euthanasia My Personal Opinion Euthanasia is a serious political, moral and ethical issue in today’s society. Most people either strictly forbid it or firmly favor euthanasia. Although, I have no political background or confirmed religion, I choose to formally educate myself on the matter of euthanasia. I feel very strongly about this issue because I am affected by the matter on an almost everyday basis. I am a patient care technician in an emergency room and also work on a cardiac unit in one of Michigan’s top 100 osteopathic hospitals. I’ve actually watched people in pain eventually die. I’ve had to listen to patients beg me to, â€Å"pull plugs,† and put pillows over their faces to smother them so they could die faster. Terminally ill patients have a fatal disease from which they will never recover. Euthanasia is when a terminally ill patient chooses to end his/her own life by participating in physician-assisted suicide. After reading the ten sources and extensively researchin g euthanasia, I still support and promote the legalization of euthanasia. I believe that all people deserve the right to die with dignity. First of all, I would like to offer my own personal feelings and opinions on the matter of euthanasia because I actually have frequent contact with people who suffer with terminal illnesses. When I was a junior in high school I was offered the opportunity to explore my career options by pursuing advanced learning in the medical field. I attended regular high school for one half of the day, the other half of my day was spent in a nursing home (extended care facility), Port Huron Hospital and also at St. Clair Technology Center. I spent many hours studying medical terminology and proper body mechanics, I also learned how to take care of sick patients while promoting healthy life styles changes. Unfortunately the hardest lesson which was the how to take care of the terminally ill, while being supportive to their many physical, spiritual and emotional needs. I graduated from high school and proceeded to go to college in order to accomplish my goal of becoming a registered nurse. After gr aduation I moved into my own apartment and took a job at St. John’s Medical Center on an oncology/hospice unit. I worked at St. John’s for 18 months. Hospice is where terminally ill patients are sent to be cared for during the last stages of their lives. Oncology is the study of tumors, but more specifically, it’s a term usually associated with some kind of cancer. Therefore, for about a year and a half I had to take care of dying patients. These people had a slim chance of surviving for over six months to a year. When my patients were suffering and in pain I had to smile and tell them, â€Å"Don’t worry everything will be all right.† We both knew that everything would no be all right and they had just wanted to die. I witnessed patients telling other members of the nursing staff how they had begged and pleaded with god to take their life due to the excruciating pain they were experiencing. The nurse just replied, â€Å"Oh sweetie, you shouldn’t say things like that.† I had patients who were so mean and cruel to staff, it was unreal. They were mad at l ife because they knew it would be taken away soon. I’ve watched patients who were fully coherent and self-sufficient upon admittance in to the hospital become totally confused and bed bound. I watched these people lose all motor skills, which left them crippled and unable to feed or bathe themselves, or even use the toilet. They had lost all of their dignity. After reading Peter Singer and Mark Sielger’s, â€Å"Euthanasia-A Critique,† it is fair to say that these doctors have put forth a strong argument against euthanasia. Singer and Siegler are both medical doctors who are very proficient in their fields. Singer and Siegler make the point that, â€Å"the relief of pain and suffering is a crucial goal of medicine,† however, â€Å"euthanasia violates the fundamental norms and standards of traditional medicine† (Seyler 333 335). When a person no longer has the choice of continuing a normal healthy life, unusual circumstances call for rare methods of treatment. Why should a person be tortured with the, â€Å"frightening prospect of dying shackled to a modern-day Procrustean bed, surrounded by the latest forms of high technology,† according to Singer and Siegler this is an adamant fear of many fatally ill patients (Seyler 333). Singer and Siegler make several good points in their essay, however, pain control seems to be the biggest issue facing the terminally ill as stated by the doctors. This is entirely untrue. People who are faced with a terminal illness experience just as much emotional turmoil as physical pain. When Singer and Siegler say, â€Å"physical pain can be relieved with the appropriate use of analgesic agents,† I am saddened because it has been my own personal experience to watch terminally ill patients become over medicated and drugged up so much that they are unable to think or act for themselves (Seyler 333). When a person can longer speak, think or act for him or herself, that person has been stripped of their dignity. Sidney Hook’s, â€Å"In Defense of Voluntary Euthanasia,† was emotionally charged and very gripping. Sidney Hook is a philosopher, educator and author (Seyler 338). Hook has been so unfortunate as to have sampled death and was left with a bitter taste in his mouth. He suffers with congestive heart failure, which one can live with but which if not treated or maintained properly will cause a painful death. He offers his first hand account of meeting with the Grim Reaper: I lay at the point of death. A congestive heart failure was treated for diagnostic purposes by an angiogram that triggered a stroke. Violent and painful hiccups, uninterrupted for several days and nights, prevented the ingestion of food. My left side and one of my vocal chords became paralyzed. Some form of pleurisy set in, and I felt like I was drowning in a sea of slime. (338) If this sharp use of imagery isn’t enough to make the reader understand this mans pain, maybe his next account will persuade one to rethink euthanasia, â€Å"At one point, my heart stopped beating; just as I lost consciousness, it was thumped back into action again. In one of my lucid intervals during those days of agony, I asked my physician to discontinue all life-supporting services or show me how to do it. He refused and predicted that someday I would appreciate the unwisdom of my request† (Seyler 338). It is important to add Hook’s quotes when reflecting upon his personal experience with death. Hook feels as though he was robbed of the peaceful serenity of death and will have to suffer through it once more, when death comes knocking again. Euthanasia is a serious issue in today’s political world. Arguments for and against euthanasia are cause for major debate. Proponents and opponents disagree on at least four controversial issues. The four major issues are, but not limited to, the nature autonomy, the role of beneficence, the distinction between active and passive euthanasia and the public and social implications of legalization. The nature of autonomy basically means that all people are granted the right to think, feel and act for him or herself. The first and fourteenth amendments were put into place to protect an individual’s freedom of religion, speech, privileges, immunities, and equal protection. The role of beneficence involves the physician’s duty to relieve suffering. The distinction between passive and active euthanasia, or killing and allowing one to die. The public and social implications of legalization are totally based on one’s individual feelings. Euthanasia is a serious topic because it goes against the norms of traditional medicine. Euthanasia is not always applied to terminally patients either. People who have been in serious accidents, or who have debilitating diseases such as severe cases of Cerebral Palsy, Multiple Sclerosis, Muscular Dystrophy, and Cerebral Vascular Diseases (which lead to strokes and heart attacks) are often in consideration for the application of euthanasia. The problem is, however, these patients typically are in a persistent/permanent vegetative state. A persistent/permanent vegetative state (PVS), is a condition in which a person is neither in a coma nor unconscious. In other words, these patients cannot act or speak for themselves or in addition, respond to much stimulus. Personal experience and opinion may be a factor that weighs heavily on the issue of euthanasia, but the real substance comes from the facts. The legal ramifications play a major role in the legalization of euthanasia. Euthanasia began with its roots in both the Hippocratic tradition and the Judeo-Christian ethic of sanctity of life, Western medicine has long opposed the practice of physician-assisted suicide. However, the controversy over euthanasia is not new. Beginning in about 1870 (after the introduction of chloroform and ether) and continuing in today’s society, euthanasia is still a hot topic of discussion. Ohio is the only state in the United States of America that does not explicitly prohibit euthanasia by jurisdiction of the federal law. After interviewing Dr. Caleb Dimitrivich, an oncologist, who most directly works with terminally ill patients at St. Joseph’s Mercy Hospital, it is easy to see that he definitely opposes euthanasia. Doctors have real difficulty dealing with death. â€Å"Dying is something that I, as doctor, am trying to prevent. If a patient is terminally ill, I strive to make that patients life as comfortable as I possibly can,† says Dr. Dimitrivich. After reading, Matters of Life and Death,† by Professor Lewis Wolpert, one is reminded by the’ â€Å"doctors attitude† towards dying patients. Wolpert is a professor of biology and how teaches how biology is applied to medicine â€Å"Dying is something patients are not allowed to do. It is an affront to so go against the doctor’s efforts and advice, and this is completely understandable but cannot be the basis for not helping a patient die† (Wolpert 42). The religious community has taken a negative stance on the issue of euthanasia. The majority of Christian religions ban the application of euthanasia to the terminally ill or PVS patients. In the bible, one can read about the absolute sin of taking another human being’s life, it is iniquitously wrong. After interviewing Maryanne Chapman who is a practicing member of the Catholic faith and who has also worked as a secretary for 15 years at St. Valerie of Ravenna in Clinton Township, MI, her opposition to legalized euthanasia is very clear. â€Å"It is a crime against God to end a life,† states Chapman. However, Maryanne is 72 years old and suffers from Chronic Obstructive Pulmonary Disease (COPD), also makes the comment, â€Å"people don’t live on machines, so therefore why should we die on them, God didn’t intend for that.† Basically what Mrs. Chapman is trying to say is that for patients suffering with a PVS, it is also a sin to try to sustain a li fe that has no purpose or function in society.

Human Factors Psychology Essay Example | Topics and Well Written Essays - 1000 words

Human Factors Psychology - Essay Example An area that is known for continuous workload challenges is related to the field of nursing and medicine. Understanding the complications of this profession as well as ways to alleviate these challenges can provide fewer risk factors in this profession. The more in which one understands of the stress and challenges of these jobs, the easier it will become for implementation of a different organizational environment for those working in the nursing profession. When considering human factors and engineering, there are several components to include. Currently, developments in technology have created specific interactions between nurses and requirements within hospitals. There is a direct association with the psychological and mental responses as well as the physical capabilities of nurses and how they respond to different environments. More important, the engineering available through technology is creating new types of limitations and possibilities for nurses. The human – system interaction that is currently required presents new challenges for nurses in their ability to operate different pieces of technology while defining how design relates to specific needs. The combination of human performance and limitations, as well as how this interlinks with systems, then defines the first set of challenges of nurses (Wickens et al, 2004). The problems between human capability and systems use for nurses move into problems with how patients are cared for within a hospital setting. The patient safety often becomes part of the stresses of the situation. Human error, too many expectations among nurses and limitations of technology links can hinder those that are receiving care. If a nurse is required to move into a specialized unit, such as intensive care, then it leads to consequences that are further defined by the pressures required in the work space. Problems with

Hindu worship or wedding ceremony Essay Example | Topics and Well Written Essays - 250 words

Hindu worship or wedding ceremony - Essay Example The purpose of worship in Hinduism is to truly to embrace the idea of deity and eternity that centers around the ever-lasting circle of life. Since Hinduism is more focused on sacrifice, the focus of sacrificing animals is prevalent in Hinduism. The name of the God here is Karma. In Hinduism, Karma has become the true essence of the Hindu creed itself. Karma is another focal point that differentiates the two religions. Hindus believe that Gods can only achieve salvation which is clearly depicted in the video. For Hindus, one must undergo a series of events in order to purify himself to achieve salvation. For instance, Hindus worship bhakti-marg, which is the path of surrender and peace. One cannot achieve karma without being in peace with oneself and devoting one’s spirit towards worship. Karma is an eternal aura of enlightenment that is presented in all aspects of life and is a crucial aspect that dictates the lives of all individuals. Another regular yet a powerful ritual th at Hindus practice is the Namaste. The namaste embodies a form of greeting in which modesty and humbleness is portrayed by bringing together the palms. This greeting is very emotional because it is a sign of submission and humility which is what Hindus strive to achieve. These are ritual correlate to the beliefs of the Hinduism religion and are prevalent practiced in India and other

The pedagogic theories as for the basic essence of achieving Research Paper

The pedagogic theories as for the basic essence of achieving sustainability of education - Research Paper Example Pedagogy is the professional and preparatory mode of delivering teaching to educators and through proper instructions. There are several theories concerning the interpretation of pedagogy in educative circles. Various theorists have detailed cohesive reports on the efficiency of pedagogies in attaining the overall mandate of ensuring successful teaching practices. Some of the included theorists are Paulo Freire, Peter McLaren, Joseph Jacotot and Benjamin Bloom, among others. Some of the methods to be discussed are effective in teaching students and the gaining of new knowledge. However, some of them are not ordinary teaching methods and they incorporate different strategies to enhance learning. There has been a confrontational relation between paradigm and pedagogy. Two categories of paradigm enhance the affiliation: zero-paradigm and critical paradigm. Basically, the ‘zero’ paradigm describes conventional teaching approaches while ‘critical’ paradigm descri bes the sanctioning loom to pedagogy. These paradigms are important in the learning process, but the critical paradigm is the key paradigm. This is because it empowers education to learners. Therefore, pedagogical theories work at empowering the literacy level of learners through the assistance of the educators, formal and informal. They have also presented dominant cultures of education and also encompass initiatives of promoting learning technologies in support of pedagogy. This paper discusses four theories to assist in explanation and approval of these facts.... There has been a confrontational relation between paradigm and pedagogy. Two categories of paradigm enhance the affiliation: zero-paradigm and critical paradigm. The ‘zero’ describes conventional teaching approaches while ‘critical’ describes the sanctioning loom to pedagogy. The critical paradigm is the key paradigm in empowering education to learners. Informed by educators such as Dewey and Freire, the critical paradigm recognizes participation as a necessary condition for empowering education (Mulcahy, 2010, p 60). Some of the theories discussed below will assist in developing personal pedagogic creed. I have engaged in making my own pedagogy creed that invokes the ideas of some theorists, whose contributing information describes my idealistic creed as discussed below. Theory 1 Paulo discusses his theory of ‘Pedagogy of the Oppressed’ addressing contagious issues to learners a little deprived of freedom. It follows the Marxist theoretic analy sis of education. The oppressed in this context are psychologically or mentally suppressed. They include individuals physically challenged or in good physique condition but undermined a specific aspect of their life. The theory discusses the psychological point of view of the oppressed learners. He asserts that the theory contains two phases. The oppressed through their practices reveal out the world they survive in as brought out in the first stage of transformation. The second stage changes the pedagogy of the oppressed to pedagogy of all men. This process liberates the permanency of the pedagogy. Dominance of culture is the most reflected action being confronted by the said pedagogy of the oppressed.

Political Environment And Social Environment Marketing Essay

Political Environment And Social Environment Marketing Essay We have chosen Nestle as the company that we would analyse in this assignment because Nestle is a big and well known company in todays era of globalization and very much people-oriented, and committed to understanding its consumers needs throughout the world in order to provide the best products for peoples lives which would make it easier for us to obtain and analyse the information about their marketing segmentation, market environment, marketing mix and background of Nestle. Furthermore, all our members, Chia Poh Ling, Lee Yue Xhing, Leow Jo Yee and Yvonne Tay are more familiar with this company, which would help to make analysing and discussions go more smoothly. Nestlà © S.A. is the largest food company in the world. It is a Swiss multinational nutritional, snack food, and health-related consumer goods company headquartered in Vevey, Switzerland. The worlds leading food manufacturer and the market leader in both coffee and mineral water, produces a wind range of products. As the leading Food, Nutrition, Health and wellness Company, Nestlà © is the provider of the best food for whatever time of day and for whatever time of your life. Nestlà ©s products include baby food, bottled water, breakfast cereals, coffee, confectionery, dairy products, ice-cream, pet foods and snacks. The main shareholders of worlds largest cosmetics company, LOrà ©al is Nestlà ©. The objectives of the Nestlà © S.A. are to be recognized as the world leader in Nutrition, Health and Wellness, trusted by all its stakeholders, and to be the reference for financial performance in its industry.  Ã‚  [1]   Nestlà © S.A is the worlds leading nutrition, health and wellness company with an unmatched portfolio of more than 2,000 global and local brands. It has 468 factories spread over 86 countries, and employs around 330,000 people. Its products are sold in every country in the world.  [2]  Its agricultural services provide assistance to improve the quality and yield of the raw materials it uses. In 1867, the infant began to take the milk food supplement Henri Nestlà © had developed, and a life was saved. The product, called Farine Lactà ©e Nestlà ©, was soon marketed throughout much of Europe, and a new brand name began to take on life. Henri Nestlà © adopted his own coat of arms as a trademark in 1867. Translated from German, Nestlà © is universally understood to represent nurturing and caring, security, nourishment and family bonding which is little nest and the now-famous symbol. The company Henri Nestlà © founded as it fulfills its commitment to Good Food, Good Life. In 1905, the Nestlà © Company merged with the Anglo-Swiss Condensed Milk Company, the first condensed milk factory which opened in Switzerland in 1866. Nestlà © entered into the milk chocolate business in 1904 when Peter Kohler Swiss General Chocolate Company produced milk chocolate under the Nestlà © trademark. The chocolate company later joined the Nestlà © Group in 1929. While the original business was based on milk and dietetic foods for children, the new Nestlà © grew and diversified its range of products, through acquisitions and mergers with the better known brands of the time.  [3]   Nestlà © began in Malaysia in 1912 as the Anglo-Swiss Condensed Milk Company in Penang and later, growth and expansion made a move to Kuala Lumpur necessary in1939. Since 1962, with  its first factory in Petaling Jaya, Nestlà © Malaysia now manufactures its products in 7 factories and operates from its head office in Mutiara Damansara. The Company was publicly listed on the KLSE now known as Bursa Malaysia Berhad on 13 December, 1989. Today, the Company employs more than 5000 people and manufactures as well as markets more than 300 Halal products in Malaysia. Its brand name such has MILO, NESCAFE, MAGGI, NESPRAY  and KIT KAT  have become trusted household names and enjoyed for generations.  [4]   Market Segmentation, targeting and positioning Market segmentation involves aggregating of prospective buyers into groups, or segments that have common needs and will respond similarly to a marketing action.  [5]  Nestle provide a wide range of nutritious food and beverages for everyone to practice a balanced and healthy diet and lifestyle. There are four types of major segmentation variables for consumer markets which include geographic, demographic, psychographic and behavioral. Segment marketing has given the company a clearer picture of their customers and competitors so that the company can come up with a more fine-tuned products and services that satisfied customers needs. Through market segmentation, targeting and positioning, Nestle can reach out to their customers more easily and serve their customers more effectively and efficiently. Segmentation We found out that Nestle classify their market by using geographic, demographic and psychographic segmentation based on consumer characteristics. In geographic segmentation, Nestle has divided their market into urban areas (cities) and rural areas (villages). Besides that, Nestle also uses demographic factor to segment its market, it consists on income level and educational level. The income level and educational level can be categorized as low, middle and high level consumers. Apart from that, Nestle uses psychographic factor to differentiate the market. The segmentation variables that Nestle uses are personality, social class and lifestyle. Nestle can groups individuals according to their personalities such as extrovert, self-disciplined or energetic. Nestle divides their customers into low social class, medium social class and high social class. Targeting A target market is a potential market that a company has decides to concentrate its marketing efforts and resources to enter those markets. Nestle segments its market by regions, income level, educational level, personalities, social class and lifestyle. By applying the information and observations that we get, we can simply identify the target market of Nestle. In this case, we found out Nestle focuses on urban areas rather than rural areas. The consumption of Nestle products is often in cities as compared to villages. This may be due to income and educational level. The people in rural area mostly could not afford the products of Nestle as it is considered as luxuries. They do not have strong sense of health consciousness due to educational background. This makes them the less attractive buyers. For segmentation by income level, Nestle has been targeting on those consumer who earn middle income and high income. People will purchase healthy and nutritious food and beverages when they have enough monetary resources to back up them. Those consumers with higher income tend to be the potential buyers for Nestle because they bring most profit into the company. Furthermore, for educational level Nestle tends to pay more attention to those consumers who has an education background. They will be more concern of their health and they will do more to maintain it. Through education, we can improve our knowledge and develop life skills which can contribute to individual and community health. Those people with an education background are more likely to practice and maintain a healthy and balanced diet as they know health is more important than wealth. For personality segmentation, Nestle is targeting consumers who are more outgoing and outdoorsy. It is because they require more energy and nutrition that they have lost during their activities. By adapting nutritional input to physical needs, they can get the most from their body.  [6]  These people wish to maintain their energy level and quick recovery after a hectic day by adapting a balanced diet that provides them with essential nutrients and energy. In addition, from the social class and lifestyle segments, Nestle is targeting consumers who are belong to the higher social classes. They have high purchasing power so that they can afford more luxuries such as Nestles products. These people are the target market of Nestle because they tend to be more health conscious. Nestles products often emphasize on nutritional value and health benefits that can improve ones lifestyle and health issues. As conclusion, Nestle is able to reach out to their customers that it can serve best and most profitably. Through segmentation and targeting market, Nestle can enhance the profits for their company and increase effectiveness in their marketing campaigns. Positioning Product positioning refers to the place an offering occupies in consumers minds on important attributes relatives to competitive products. Nestle positioned itself as  the world leader in Nutrition, Health and Wellness, trusted by all its stakeholders, and to be the reference for financial performance in its industry.  Ã‚  [7]  Nestle uses the slogan Good Food Good Life to enhance lives, throughout life, with good food and beverages.  [8]  Nutrition content in their products is the main focus to strengthen their leadership in nutrition industry. To remain their position in that industry, they must identify their competitive advantages against their competitors. Nestle has listed out four competitive advantages of their company that may help their company to compete with their competitors, that are unmatched product and brand portfolio, unmatched research and development (RD) capability, unmatched geographic presence and lastly people, culture, values and attitude  [9]   . For unmatched product and brand portfolio, Nestle provide the largest range of food and beverages among all the food company. Their products range from global icons to local favourites that can adapt to consumer needs, tastes and preferences, making Nestle as a global brand that relevant to everyone and everywhere. Besides that, it is supported by unmatched RD capability that improves the products through innovation and renovation so that it can meet consumer needs and enhances consumer benefits. Nestle spent over billions of dollar on its RD just to ensure its consumer gets the essential nutrition that their body needed. Nestle has an unmatched geographic presence competitive advantage due to the number of countries where they presence. They have been in most countries for over decades and successfully created a strong relationship between their brands and their consumers.  [10]  This also means that they have has plenty of time to study about the local preferences and behaviors to improve their products taste to match the locals preferences. The most important competitive advantage for Nestle is their people, culture, values and attitude. The Nestle culture created a strong bond between their people with a shared set of behaviors and values into a single way of doing business. Their people are determined to deliver their goals as while as creating value to the public.  [11]   Marketing environment Marketing environment consists of microenvironment (internal environment) and macroenvironment (external environment). It embraces all the marketing team inside a firm and includes all the outside factors of marketing that affect the teams ability to develop and maintain successful customer relationships with their targeted customer group.  [12]  Nestle is using it to improve customer relationship management and adapt new strategies when it comes to challenges and opportunities. Microenvironment Suppliers Suppliers are the one who delivered the resources needed by the company to produce the products or services to the consumers. Any problems that incurred in supplier can greatly affect the company sales and damage customer relationship. We can divide the suppliers of Nestle into two groups that are labour suppliers and material suppliers.  [13]  Labour suppliers are in charge of the supply of labour required by the company to optimize their production level. Labour strikes and labour relations are the most important factor to maintain labour satisfaction for company to improve their efficiency. For material suppliers, they deal with the materials needed by the company to place the finished goods on rack. The quality of the material is everything that the company focuses on as Nestle is in the food and beverages industry. By maintaining the quality and quantity of these two supplies, Nestle is able to produce high quantity product to uphold their sales volume and customer satisfact ion in the long run. Marketing intermediaries It helps the company to promote, sell and distribute its product to the final buyers.  [14]  The physical distribution firms design the delivery chain for the company products to reach their final destination. The firms also in charge with the products safety without getting any damage while storing them temporarily. Marketing service agencies of the company helps to target and promote its products to the right market.  [15]  It acts as a communication channel between the customers and the company by explaining the features of the product and providing feedback with the help of survey for the company to improve the quality of the product.  [16]  Banks and insurance companies are financial intermediaries that help to provide monetary resources and protection to the product and company against risk that may be occurred during the operation of the company. Nestle works together with all marketing intermediaries to ensure their valuable customers have a clear image of their p roducts features. Customer Nestle sells its goods to reseller markets that provide the goods to final user at a reasonable profit. Nestle also deals with customer markets which consists of individuals and households that buy a wide range of its products. Nestle works hard on making the product available whenever the customer needs them to maintain customer satisfaction. Macroenvironment Political environment and Social Environment Nestle adhere to the laws and regulations that involve in its activities and the environment. The government may set quotas on the quantity of the products that it can supply and set the amount of taxes that the company must pays in order to conduct the business. To achieve a balance between them, Nestle participates in legislative and regulatory discussions between international organizations, government representatives, industry, scientific community and consumer associations.  [17]  In 2000, Nestlà © and other chocolate companies created the World Cocoa Foundation. The WCF takes control of the issues that cocoa farmers facing, which is ineffective farming techniques and poor environmental management. The WCF aims to increase farmer income, promote sustainable farming techniques, and launch environmental and social programmes.  [18]   Economic environment Customer purchasing power is majorly affected by a range of economic factors such as income levels, inflation, taxes, unemployment, exchange rates and mortgage rates  [19]  . The disposable income and living standard of a country may bring big business opportunities for Nestle or the other way round. Cultural environment Before Nestle start its operation in any country, it mainly focus on studying the societys cultural value, preferences and behaviors. This is because Nestle hopes its products can be accepted by the local with warm welcome and be competitive among other companies that operating at the same level.  [20]   Technological environment Technologies are the vital part of Nestle RD. Investment in technology will definitely help the company to reduce production cost and improve product quality. For example, Nestle have developed technologies that allow them to use natural vegetable oils instead of partially hydrogenated fats in Maggi  bouillon cubes and seasonings.  [21]  With the help of technology improvement, Nestle can create healthier products across their product range and thus improve health and quality of life in a country. Product We choose Nestlà ©Ã‚ ® since it is a brilliant and well known example of where as the superior quality, patented technology and basically selling directly to consumers and this whole business is growing rapidly.  [22]  The certified Halal status for all Nestlà © Malaysia products provides assurance and pledge that Nestlà © products are manufactured, imported and distributed under the strictest and tightest hygienic and sanitary condition in accordance, match to the Islamic faith.  [23]   The beverages offered by Nestlà ©Ã‚ ® is Milo, a jam packed with the natural goodness of malt, skimmed milk and cocoa for that great chocolatey taste loved by Malaysians from all walks of life as a Tonic Food Drink. MILO 3in1 offers the great taste of MILO in a more convenient format that easily prepare for your breakfast. Have a delicious goodness of a can of Milo whenever you go to keep energized. There are original, Mocha and Hi-Cal flavors of Milo Can. Bring home the cold delicious taste of the MILO Sejuk, just add cold water, its that easy. Milo UHT, MILO with the same energy-packed, rich chocolatety taste also comes in handy ready to drink packs escpecially during festival. Nestlà © has employed a wide-area strategy for Asia that involves producing different products in each country to supply the region with a given product from one country such as Nestlà © produces soy milk in Indonesia, coffee creamers in Thailand, soybean flour in Singapore, candy in Malaysia, and cereal in the Philippines, all for regional distribution. Product Features Why do you like Milo? This is because Milo contain varying features and benefits, such as: Natural Goodness~ of malt, skimmed milk, and cocoa. ACTIGEN-E~ a combination of 8 vitamins and 4 minerals which helps in theoptimal release of energy. PROTOMALT~ a malt extract with a mixture of different Carbohydrates thatprovides energy and nutrients the body needs  [24]   Product Branding It is very important and vital because a brand is a term, name, sign, symbol, or design, or combination of these, that identifies the products or services of one seller or group of sellers and distinguishes them from those of competitors.  [25]  Branding helps the seller to segment markets, helps buyers and consumers identify products that might benefits them. For example, rather than just offering one general product to all customers, Nestlà ©Ã‚ ® can offer the different Koko Krunch, Honey Star, Nestle Bliss, Nescafà ©, Maggi, Nestle La Cremeria, Tropicana, and Kit Kat. In line with the Nestlà © position as a trusted food, nutrition and wellness company, Nestlà ©Ã‚ ® also focused on nourishing Malaysians to achieve overall wellness and deliver their promise to bring Good Food, Good Life to the people from all walks of life.  [26]   Packaging In todays era of globalization, for consumers, refreshing, ready-to-enjoy drinks are part of an dynamic and energetic lifestyle whether at play, home or work. Going beyond healthy refreshment, convenience, and quality, Nestlà © works hard to ensure that all packaging including drinks packaging respects the environment. In 2009, Nestlà © was able to save 58995 tonnes of packaging  material (paper, board, plastic, glass, metal) through its efforts to prevent food waste, guarantee their high quality. The approach includes many steps such as: decrease the volume and weight of packaging materials using recycled making material in packaging content wherever realistic supporting local packaging recycling and energy recovery activities helping customer to understand and take action to recycle more packaging  [27]   Labeling Label, is a part of packaging to perform several functions like identifies the product or brand, describe several things about the product who made it, where it was made, when it was made, its contents, how it is to be used, and how to use it safely, and lastly is to promote the brand, support its positioning, and connect with customers.  [28]  Nutritionists and scientists  has corporate responsibility through food labeling, like Nestle has provided the details of the nutrients that the average person needs to consume each day, so that consumers could easily understand. The symbols on the Appendix were designed to show the amount of nutrition contains of Milo. Product Support Service Customer service is another element of product strategy, which can be a minor part or a major part of customer service.  [29]  Nestle, one of the worlds largest food and nutrition company, has been a popular food brand in India for nearly a century, which include head office, manufacturing plants and branch offices spread all over India. Nestle offers excellent customer support for their products and if you need any assistance from their customer support team, following information through browsing internet will help you to get in touch with Nestle customer care division easily and more quickly. Approach Nestle customer-care via online Visit  http://www.nestle.in/  and you can find information about many brands and products like Milk products and baby food, prepared products, beverages, chocolate and confectionaries, yogurts, drinks etc. If you have any request, query, interest, concern or complaint, submit the form at http://www.nestle.in/contact_us.aspx. You can submit Maggi related information at  http://www.maggi.in/contact_us.aspx. You can visit  http://www.starthealthystayhealthy.in/, which is a site special to mothers and new born babies. Place Place, also known as distribution and it involves company activities that make the product available to target consumers. It must be as conveniently available as possible that the customers want the product and service. Choosing the right product channel of distribution is key to the success of an organization because it will affect the sales volume of a company. This shown that selecting a place is very important and challenging for every company. Distribution Channel Nestle are subject intensive distribution where a firm tries to place their products into outlets as many as possible to meet the needs of consumers whenever. Nestle has developed distribution channels which to make sure the provision of products that the consumers able to purchase it whenever and wherever.  [30]  Hence, Nestle attempts to provide as many outlets as possible and expand it. Nestle uses two types of channel intermediaries that are wholesaler and retailer and it is convenient for Nestle because both channels have a lot of advantages in high number of ordering, short period of time to shipment, and have a large number of customers.  [31]   Retailer and wholesaler as their intermediaries between a producer and consumer where the products from the producer to the consumer through the retailer or wholesaler.  [32]  Nestle as the producer and distribute their products to wholesaler or directly to retailer then retailer sells the goods and products to consumer. Location Convenience Stores A small store which is located near a residential area or along the roadside and it usually open 24 hours such as 7-eleven, petrol stations, rest stops, and so on. Consumers can buy Nestle products at the convenience stores because Nestle tries to ensure the availability of products so that the consumers able to purchase it whenever and wherever. Consumers are more convenience and easily to buy Nestle products. Supermarkets A large, low-cost, low-margin, high-volume, self-service operation designed to serve the consumers total needs for grocery and household products such as Jusco, Tesco, Carrefour, and so forth. Supermarkets have a huge selection of products available for consumers at low prices. So, consumers can choose Nestle products which based on their needs then purchase it at low prices because supermarkets offer many choices for Nestle products compare with other small stores. Superstores A store much larger than a regular supermarket that offers a large assortment of routinely purchased food products, nonfood items, and services such as Walmart. Superstores stock huge stocks Nestle products purchasing them in large lots. So, the prices of products are cheaper. Consumers can take advantage of these price savings with buy a lot of various kinds of Nestle products such as Milo, Nescafe, Nestea, and so on. Consumers are saving greatly on time, effort, and money. Price A product price influences wages, rent, interests, and profits, of course some prospective customers are interested in low prices, where as another segment is more concerned with other factors, such as service, quality, value, and brand image. Nestlà © estimated and predicted the cost by doing accumulated production as if they produced mass production so it reduced their labored cost and other cost for production process its a big advantages and benefits of the Nestlà © company who produce large quantity of units. With the help accumulated and estimated the production Nestlà © Company has a low cost of production and high profit margin and Nestlà © Company selecting a price method of going rate price because their pricing near the competitor pricing. A good example is Nestle juices have a market leader in beverage industry and lastly Nestlà © set the final pricing related to their market competitors so Nestlà © price do not have impact on the company policy, and other marketing activities.  Ã‚  [33]   Flexible and elastic prices are the key factors of victory of Nestlà © in global market, for example Milkpak being the largest selling brand is being sold out at the same price as that of other lower quality products while maintaining its quality. Their marketing strategy includes a wide range of pricing strategy, and by doing this they can retain and keep their product rates at a sustainable position. Prices are affordable and have enough money to buy to almost all types of consumers as they have wide range of single product as in the case of beverages, fruit juices are affordable to low economy class and expensive tin packed beverages are also doing business in the market. Bulk purchase discount is also provided at the whole sale markets as well as at the market stores and besides seasonal price variations are also seen, especially in the case of chocolate products, either by upsizing at the same price or reducing the sale price.  [34]   Price Strategy Price strategy is a basic, long-term pricing structure, which creates the initial price for a product and the intended direction for price movements over the product life cycle. There are three type of pricing strategy which is Market-Skimming Pricing, Market-Penetration pricing. Nestle Malaysia at present practicing penetration pricing to market Milo which is away where Nestle charges a relatively low price for a product (Milo) at the beginning as a way to reach the mass market. Establishing Price Goal Marketers have two choices whether to use profit towards profit maximization or satisfactory pricing. The marketer need to have an understanding of trends and changes in the market place to set a goal, mission and vision. If Nestle Milo has decided to go for profit maximization objective, they must be able to afford large amount of investment. It is not difficult to follow competitors pricing but they may not have the best to think about cost, demand and changes in Product Life Cycle. So they have to require a careful and thoroughgoing analysis before setting the price.  [35]   Price Tactic Diagram 34-9c9f2ae321 Product Bundle Pricing In United States and Canada,  Hà ¤agen-Dazs products are produced by Nestlà © and come in several traditional flavors. The example of price bundling is Haagen-dazs, a company which is famous as

Essay --

Jeremy Burrafato 12-11-13 ENG 4800-01 Final Essay Psychoanalytical Criticism on Stories of Madmen The descent into madness has been a facet of many stories throughout human history. Voices in one’s head, delusions, as well as dreams and nightmares, are common in these types of stories. In Edgar Allen Poe’s The Tell-Tale Heart, and Charles Dickens A Christmas Carol, the characters within the stories face these sorts of problems. In The Tell-Tale Heart, the narrator/protagonist experiences an obsession with a physical trait of an elderly man, in which he associates with evil. This evil eye and the obsession in which the narrator holds for it eventually cause the narrator to do the unthinkable. Kill the old man. A Christmas Carol tells the tale of an older gentleman who experiences a series of encounters with ghosts who show him the error of his ways. These dream like scenarios in which he encounters these spirits are none other than actual dreams and wish-fulfillment based on his fears and guilt. Both of these classic tales weave notions of psychological intricacies within their pages. The Tell-Tale Heart details the descent into madness of a man who is suffering from some form of paranoid schizophrenia; while A Christmas Carol reveals that its main character while not having a traumatic form of mental illness like that of Poe’s story, does share many anxieties and delusions based on guilt and obsession much like the narrator in The Tell-Tale Heart. Both characters have and cope with varying degrees of mental illness, or at least symptoms of such illnesses in some form or another. For the purpose of this essay, the version of the story that will be referenced is the one handed out to us in our class, thus any references to the st... ...in the forms of countless movies, including the likes of Disney, as well as being a record breaking theatrical play. Charles Dickens work has been a staple of writing for years, and this piece is no exception. The story of A Christmas Carol begins with a misery old man named Scrooge working in his counting house on Christmas Eve, his clerk sitting in the front working as well. Various people come inside to greet him including his nephew whom he basically tells to leave after being invited to a Christmas party. He is then visited by people who are looking for donations for the poor. This sets up Scrooges hate for the holiday as well as his greed. His greed is the primary basis for his loneliness and anger, which is amplified during the holiday season. To understand Scrooges hate for the holiday season, one could look back to a time when he would have enjoyed it.

Voice Command

Voice Command Reference October 2, 1997 Voice Command Set Technical Reference 3Com – U. S. Robotics 1 Voice Command Reference October 2, 1997 V 1. 0 V 2. 0 Revision information Initial Release for Sportster Vi modem Amended and updated version. Vi, Voice, Flash and MessagePlus Now covers following Sportster’s : 3Com – U. S. Robotics 2 Voice Command Reference October 2, 1997 1. Global Commands The AT commands in the following sections are global, meaning that they can be issued in any appropriate mode (i. e. , any #CLS setting). For consistency, the command set is divided into action commands and parameters (non-action commands). Those commands, which are action commands (i. e. , those that cause some change in the current operating behavior of the modem) are identified as such, and the remaining commands are parameters. 1. 1 ATA – Answering in Voice The answer action command works analogously to the way it works in Data and Fax Modes except for the following: 1. When configured for Voice Mode (#CLS=8), the modem enters Online Voice Command Mode immediately after going off-hook. When the#CLS=8 command is issued, the modem can be programmed to look for 1100 and 1300 Hz calling tones (see #VTD), thus eliminating the need to do so as part of A command processing. After the VCON message is issued, the modem re-enters Online Voice Command Mode while sending any incoming DTMF or Calling Tone indications to the DTE. After answering in Voice Mode (#CLS=8), the DTE, as part of its call discrimination processing, can decide to change the #CLS setting to attempt receiving a fax in Class 1, or to make a data connection. In such a case, the DTE commands the modem to proceed with the data or fax handshake via the A command even though the modem is already off-hook. 1. 1. 1 Parameters: Same as Data and Fax modes. . 1. 2 Result Codes: VCON Issued in Voice Mode (#CLS=8) immediately after going off-hook. 1. 2 ATD – Dial Command in Voice The dial action command works analogously to the way it works in Data or Fax modes. When in Voice Mode (#CLS=8): The modem attempts to determine when the remote has picked up the telephone line and once this determination has been made, the VCON message is sent to the DTE. This determination is initially made based up on ringback detection and disappearance. (See #VRA and #VRN commands. ). Once connected in Voice Mode, the modem immediately enters the command state and switches to Online Voice Command Mode that enables unsolicited reporting of DTMF and answer tones to the DTE. 1. 2. 1 Parameters: Same as Data and Fax modes. 1. 2. 2 Result Codes: VCON Issued in Voice Mode (#CLS=8) when the modem determines that the remote modem or handset has gone off-hook, or when returning to the Online Voice Command Mode. (See #VRA and #VRN. ) 3Com – U. S. Robotics 3 Voice Command Reference October 2, 1997 NO ANSWER Issued in Voice Mode (#CLS=8) when the modem determines that the remote has not picked up the line before the S7 timer expires. . 3 ATH – Hang Up in Voice This command works the same as in Data and Fax modes by hanging up (disconnecting) the telephone line. There are, however, some specific considerations when in Voice Mode: 1. The H command forces #CLS=0, but does not destroy any of the voice parameter settings such as #VBS, #VSP, etc. Therefore, if the DTE wishes to issue an H command and then pursue another voice call, it must issue a subsequent #CLS=8 command, but it needn’t reestablish the voice parameter settings again unless a change in the settings is desired. 2. The #BDR setting is forced back to 0, re-enabling autobaud. . If the #VLS setting is set to select a device which is not, or does not include the telephone line (such as a local handset or microphone), the H command deselects this device and reselects the normal default setting (#VLS =0). Normally, the DTE should not issue the H command while connected to a local device such as a handset, because merely selecting this device results in VCON. The normal sequence of terminating a session with such a device is to use the #VLS command to select the telephone line, which by definition makes sure it is on-hook. . 3. 1 Parameters: Same as Data and Fax modes. 1. 3. 2 Result Codes: Same as Data and Fax modes. 1. 4 ATZ – Reset from Voice Mode This command works the same as in Data and Fax modes. In addition, the Z command resets all voice related parameters to default states, forces the #BDR=0 condition (autobaud enabled), and forces the telephone line to be selected with the handset on-hook. No voice parameters are stored in NVRAM so the profile loaded does not affect the voice aspects of this command. 1. 4. 1 Parameters: Same as Data and Fax modes. 1. 4. 2 Result Codes: Same as Data and Fax modes. 1. 5 #BDR – Select Baud Rate (Turn off Autobaud) This command forces the modem to select a specific DTE/modem baud rate without further speed sensing on the interface. When a valid #BDR=n command is entered, the OK result code is sent at the current assumed speed. After the OK has been sent, the modem switches to the speed indicated by the #BDR=n command it has just received. When in Online Voice Command Mode and the #BDR setting is nonzero (no autobaud selected), the modem supports a full duplex DTE interface. This means that the DTE can enter commands at any time, even if the modem is in the process of sending a shielded code indicating DTMF detection to the DTE. When in Online Voice Command Mode and the #BDR setting is zero (autobaud selected), shielded code reporting to the DTE is disabled. [Note that when #BDR has been set nonzero, the modem employs the S30 Deadman Timer, and this timer starts at the point where #BDR is set nonzero. If this period 3Com – U. S. Robotics 4 Voice Command Reference October 2, 1997 xpires (nominally 60 seconds) with no activity on the DTE interface, the modem reverts to #BDR=0 and #CLS=0. ] 1. 5. 1 Parameters: n = 0 – 48 (New baud rate is n*2400 bps) Default: 0 1. 5. 2 Result Codes: OK ERROR 1. 5. 3 If n = 0 – 48. Otherwise. Command options: #BDR? Returns the current setting of the #BDR command as an ASCII decimal value in result code format. #BDR=? Returns a message indicating the speeds that are supported. #BDR=0 Enables autobaud dete ction on the DTE interface. #BDR=n Where 1

s Ideas

Newman’s Ideas According to Newman, the â€Å"Idea of a University† is the one and only true way to persevere and become successful in life. . He urges the common public to live the college life and raise their level of education and intellect. His philosophies inspire me to pursue my passion for computers and start a career in computer programming. He, too, has inspired many to become scholars and raise the level of society as a whole. His concepts should be considered highly by all for a better quality of life, and a better tomorrow. It is a known fact; the majority of people who do not attend college, do not experience success in their future. Therefore, my goal in life is to follow Newman’s Idea of a University and aim for a higher education. Another one of my goals is to achieve social and economic stability so that I can live a comfortable life. I want to be able to adapt myself to any given situation, just like any other educated person would be able to according to Newman’s ideas. Without a college education, the common public is not prepared for life. According to Newman’s idea, the purpose of a university is to â€Å"cultivate the mind.† He states that, just because any given person is specialized in one major, doesn’t mean that he or she dose not know about other subjects. A university is a community which learns from each other. Therefore, the members of the university pick up information from other individuals in the same community. This allows everyone to learn about a variety of subjects; as a result, all members become more educated in a wide range of topics. Receiving an education at a university is one of the most positive changes that can take place in an individual’s life. This can totally redirect the direction in which someone is headed and change their future. People, who would normally have minimum wage jobs without an education, can become leaders of the community if they chose to take the right ... 's Ideas Free Essays on Newman\'s Ideas Newman’s Ideas According to Newman, the â€Å"Idea of a University† is the one and only true way to persevere and become successful in life. . He urges the common public to live the college life and raise their level of education and intellect. His philosophies inspire me to pursue my passion for computers and start a career in computer programming. He, too, has inspired many to become scholars and raise the level of society as a whole. His concepts should be considered highly by all for a better quality of life, and a better tomorrow. It is a known fact; the majority of people who do not attend college, do not experience success in their future. Therefore, my goal in life is to follow Newman’s Idea of a University and aim for a higher education. Another one of my goals is to achieve social and economic stability so that I can live a comfortable life. I want to be able to adapt myself to any given situation, just like any other educated person would be able to according to Newman’s ideas. Without a college education, the common public is not prepared for life. According to Newman’s idea, the purpose of a university is to â€Å"cultivate the mind.† He states that, just because any given person is specialized in one major, doesn’t mean that he or she dose not know about other subjects. A university is a community which learns from each other. Therefore, the members of the university pick up information from other individuals in the same community. This allows everyone to learn about a variety of subjects; as a result, all members become more educated in a wide range of topics. Receiving an education at a university is one of the most positive changes that can take place in an individual’s life. This can totally redirect the direction in which someone is headed and change their future. People, who would normally have minimum wage jobs without an education, can become leaders of the community if they chose to take the right ...