Social Issue Essay Example | Topics and Well Written Essays - 1750 words

Social Issue - Essay Example I. Thank You for Smoking At times, the feelings that sound produces is so compelling that albeit it contradicts we understand to be scientifically true, we hold to it anyhow. Although we understand, for instance, that since space is a vacuum sound cannot be transmitted in it, we are entirely obliged by the sounds of intergalactic battle or only spaceships travelling at perverting speed in almost every space. Conversely the explosion of a gunshot never sound as enjoyably long or loud in actual life as they do in Thank for Smoking Again with the bass cranked way up. Ultimately, in many of those great Hollywood musicals, the greatest songs are not really performed by Audrey Hepburn, but by little known singers like Marnie Nixon, whose faces and statures don’t seem as attractive on-screen a those of the key stars. The director of Thank you for Smoking was keen on resounding applause for Nick Naylor huge sum than the real viewers of extras is able to offer. Thank you for Smoking ha s sound tracks that augment sounds that are not effortlessly available as ambient noise. At times, sounds can be amplified to a film from the annals of sound effects. There is also sound prop, including the floor, which has offered different forms of footfalls. Thank you for Smoking rolls on the screen, and the sound artist has matched the type of sound the filmmaker wanted to the images projected (Leo 1). In some scenes the images changes from solid, sprightly colors that bounce off the screen to a darker, grainer, more dark and dowdy, less colorful appearance when the lead character is away from Loring’s. In general, the contrast works perfectly well, and the image actually appears its best whereas the setting is at the Loring household. The episodes, such like as standard shot of Juno after the start of the movie, appears exceptionally soft. A Reddish tint appears to find its way in at times, noticed frequently in skin tones. All the colors are a bit dreary, certainly on t he end of the spectrum and entirely opposite of Thank You For Smoking. Better yet, it is effectual and establishes the mood of the movie. The lighting Juno however will quite never be reference grade material on Blue ray, the lighting is definitely a plus, and recreates the mood of the movie with a laidback authority (Leo 1). The editing of the film Thank for Smoking has both its strong and weak points. But the continuity editing errors seem to surpass the editing strong points. For instance, in the last dinner meeting of the Merchants of Death, the gun lobbyist gets a share of pie with cheese on it. He takes a small bite; consequently the alcohol lobbyist assaults it with her fork for a bite, hauling all the cheese off and tumbling the little American flag in it. The next continuity mistake is shown in the subsequent shot; a lock up of the dessert, all the cheese is back on it and the flag is vertical again. Finally when they are editing their last dinner, the cheese atop the apple pie becomes unmelted and then melted continuously between shots. The other editing error that is seen in the movie is during the Subcommittee Hearing episode. The person slumped on the seat comfortably behind Nick Naylor, on the left, transforms repeatedly between scenes. Right before he is requested to come forward, the seat is taken by a certain lady

Critical Appraisal of a Piece of Research Essay - 1

Critical Appraisal of a Piece of Research - Essay Example frequently not implemented in health care systems because of doctors being unwilling to take the initiative to discuss alcohol problems with their patients. With decrease in state controls on the availablility of alcohol, effective interventions are required, which can be administered to many people with the purpose of reducing the demand for alcohol. Screening and Brief Intervention (SBI) is an approach which systematically identifies people with hazardous drinking, and provides concise advice on reducing this behaviour (Kypri et al 2004). Yes, a double-blind randomized controlled trial, the study used a random method of selecting an experimental group and a control group, at the university student health service. Participants scoring 8 or more on the Alcohol Use Disorders Identification Test (AUDIT) and consuming more than 4 to 6 standard drinks, both males and females, on one or more occasions in the previous 4 weeks were assigned randomly by computer to either the control group or the intervention. The computer carried out the randomization in blocks of 10 consisting of 5 control and 5 intervention, so that equal numbers of participants could be recruited in a short period in both groups. Equal numbers of men and women were ensured through separate recruitment by sex (Kypri et al 2004). Yes, a total of 167 students in the age group of 17 to 26 years were recruited. They were required to complete a three-minute web-based screening test â€Å"including the Alcohol Use Disorder Identification Test (AUDIT) questionnaire† (Kypri et al 2004, p.1410). Of the 167 students, 112 tested positive; from among them a total number of 104 students including 52 women who had agreed to receive the follow-up intervention participated in the trial. The participants were randomized to two groups: the intervention group of 51 students who received 10 to 15 minutes of web-based assessment and personalized feedback on their drinking, and the control group of 53 students who received

Natural rights in John Lockes, the second treatise on government Essay

Natural rights in John Lockes, the second treatise on government - Essay Example As such, everyone is entitled to enforce natural law in order to uphold these rights. Secondly, he purports that as an individual ventures into societal relationship with others, he trades what goods he possesses for goods he does not, and as such forms a reason to formulate methods to facilitate the trade of goods, such as the use of money, since money is non-perishable in contrast with food. As such, when money is injected into the system, individuals may pertain to give up their natural rights in order to be governed by a select group of people who exist solely to protect their welfare and property. These representatives work by introducing a system of laws and rules that expand over the societies they govern, and are in charge of enforcing them. However, they must only adhere to the interests of the societies at large, and hence, are at the complete disposal of the individuals and are subject to replacement at the people’s discretion. Locke thus emphasizes a Laissez Faire style of government which respects tolerance and moral values announced by natural rights than a strict measure of communism or monarchy. His political ideology promotes distinct sense of social awareness and respect by all of natural law. Argument against John Locke’s theories Locke’s focus on individual precedence over societal matters suggests two things. The first pertains to the regulation of civil society in that the people realize a need for preservation of their material belongings such as house and property, a measure they cannot administer individually by way of natural right as that might render their judgement partial and unjust. As such, they resort to giving up their natural rights so a body of executives can adjudicate on their behalf. This is because if individuals resorted to upholding their natural rights themselves against those who wronged them, only the strongest would survive. By letting an executive handle the adjudication for them, the judgement is deemed impartial. Of course, in conjunction with this right, Locke states that every child is born free, independent and pure, â€Å"a subject of no country or government† (Locke 118). However, in order to be respectful of other’s rights he must first attain majority and then make an informed decision as to which community he must partake in, for being part of one would mean his giving up of some natural rights in order to follow the customs of the community. Thus, before he attains that majority, the child is essentially without affiliation, under the care of his father, and rendered â€Å"stateless in the very state he was born† (Klausen 763). This gives rise to patriarchy which defines the child’s governing system resulting from tacit consent. Moreover, Locke suggests that tacit consent is binding on the individual as it forms part of his contract within the community he is born, but as the child grows up into majority, he is allowed to leave the p atriarchy to which he has adhered and choose a community to consensually give up his natural rights to. This effectively declares tacit consent as NOT binding. Moreover, Locke’s policy of independence and attainment of natural liberty is only possible if there is â€Å"

Unitarian Universalism Essay Example | Topics and Well Written Essays - 1250 words

Unitarian Universalism - Essay Example It then establishes the historical and philosophical connection between Buddhism and UU. Unitarian Universalism emerged primarily from Christian roots but has drawn extensively from other beliefs and faiths, a practice that has grown to include practically all religions throughout the years. The Unitarians formed in Britain in the 1500’s during the time of the Protestant Reformation, an era of religious enlightenment at least in the context of that period in history (Hamilton, 2005). The Unitarian philosophy introduced people to new ways of thinking including the concept that Jesus was only a man, not a god or the son of God. Instead they maintained, much the same as the Jewish viewpoint regarding Jesus, that he was an important prophet and teacher. Instead of blindly following the Christian or any other religious doctrine, according to the Unitarians, people should employ reasoning and reject superstition with regards to their personal spirituality. It is not only acceptable but preferable to question the authority of the church, its dogma and beliefs but their own beliefs as well. John Murray introduced Unitarianism to America in the early nineteenth century (Hamilton, 2005). His church’s membership consisted predominantly of middle and upper-class intellectuals. The Universalist religion was formed during the eighteenth century based on the belief that all people, not just Christians, receive salvation and emphasized the significance of being compassionate and helping others in need. As opposed to the Unitarian Church in the U.S., Universalism was a populist movement that drew its membership more from the middle and lower-classes. However, both groups were very much alike in that they had disassociated themselves with the traditional Christian doctrines which prescribed dogmatic trials of faith. In addition, â€Å"they emphasized individual freedom of personal belief, individual responsibility to synthesize

Importance Of E-learning For Education Essay Example | Topics and Well Written Essays - 500 words - 1

Importance Of E-learning For Education - Essay Example More specifically, I am going to focus on paragraph 2 and paragraph 3. In paragraph 2 of the outline, I briefly mentioned on the effect of the introduction of eLearning to teachers. According to a research conducted by Boston College in 2010, where they were evaluating the effect of eLearning on the teacher's mastery as well as their students, they found out that eLearning was important to the teachers since they were able to better master the content. However, due to continued use of eLearning, some were found to be highly dependent on it and did not deliver effectively. The students were also found to be able to get the proper mastery of the content taught since they could read the books, even from their phones as long as they could connect to the internet. (Laura, 20). Thus, from this information, it is very open that the use of learning does not have a negative effect on the teachers as it is usually asserted, on the contrary, it helps the teachers to effectively dispense their activities. I also focused on the regulation of learning activities by the governments in this paragraph. Basically, governments have the power to alter or influence the activities carried out in their jurisdictions. This being the case, the regulation of learning by governments in different countries is not a matter of much worry, assuming that the governments in question will act in good faith and in order to balance different activities for the good of its citizens. In paragraph three, I mentioned about the effects that the use of eLearning technologies has had on the publishing world. Though there are various thoughts and conviction, it is evident that the eLearning technology has had effects on the publishing industry. However, there is every reason to encourage the use of e-learning technology despite the danger it poses to the publishing market.

Describe Scene Essay Example for Free

Describe Scene Essay Cameran Highlands is accessible by road. Cameran Highlands is about a 3 hours drive either from KL or Penang Its strategic location makes it a favourite weekened escape for cityfolk/ city-dwellers from all over the coutry. It is a popular haunt for both local and foreign tourists to let their hair down. For those who are faint-heated the ride along the steep, narrow roads can be quite an unnerving experience as there are numerous hairpin bends along the route from Simpang Pulai. After about a three-hour ride in Dad’s Pajero, we finally reached Kampung Raja. We could feel the goose-pimples on our arms. We had to put on our jackets to keep ourselves warm. Standing about 1400 metres above sea level, this hill resort is certainly an ideal retreat for city dwellers like us who long to get away from scorching tropical heat. Besides, its high altitude together with its invigorating coolness will leave a person refreshed and is the ideal place for the rat-race and the hustle and bustle of city life. Read Also:Â  Descriptive Essay Rubric On our journey to Tanah Rata, we stopped at a scenic lake. Although the chilly weather and freezing water will make us to think twice about whether or not to don our swimming wear, we can enjoy the solitude of nature with only the swish swashing of the gurgling water to disturd us. Thus, in spite of the cold weather, my little sister, my brother and I could not resist the urge to jump into the water and splash around. Hardly a minute in the ice cold water and we were out again, teeth chattering. At Tanah rata, we checked into a motel. As soon as we had dumped our luggage in our rooms, we went out again. The street in which our motel was situated had a fine vista of a sprawling town against a backdrop of lush greenery. At that moment , We felt ravenously hungry, Hence, we settled for a sumptuous meal of nasi kandar. Undeniably, the number of eateries that have sprung up is indeed alarming. Satiated, we turned in for the night. We put on the appropriate gear and headed for Gunung Beremban for an hour of jungle-trekking. Hikers will certainly enjoy traversing the jungle paths, for they are well-maintained and easy to follow. If you find the jungle trails a little monotonous, the blossoms of brightly coloured wild flowers along the way will provide an interesting diversion. My mother, who is extremely afraid of heights, was soon down on all fours, not daring to look down and yelling at the top of her voice. It was such a rib-tickling sight. Our next destination was a tea plantation.

Impact of Financial Leverage on Firm Value

Impact of Financial Leverage on Firm Value Introduction If there is debt in a companys capital, such a company is termed leveraged or geared company. A gearing ratio demonstrates the relationship between fixed interest and equity capital in the finance of a business Measured: Fixed Interest Capital OR Fixed Interest Capital Capital Employed Equity The financial lever is a norm in measuring the scale of using debt in the firms capital structure. One of the most important issues in financial discussions is obtaining a blend of capital structure which has the most attractions for the investors. The structure of capital is a required link between debt and the equity that provides financial needs for preparing the companys properties. STATEMENT OF RESEARCH QUESTION There is a negative and significant correlation between financial leverage and firm. 1.There is a negative and significant correlation between financial leverage and earnings per share 2.There is a negative and significant correlation between financial leverage and price earnings ratio. 3.There is a negative and significant correlation between financial leverage and returns to equity. 4.There is a negative and significant correlation between financial leverage and operating profit. WHY INTERESTING The above research questions are interesting as they will address the following: Provide answer on the impact of gearing on the firms value; reconcile the argument as to whether financial leverage has relationship with earning per share; the level of correlation between financial leverage and price earnings ratio as well as operational profit. The questions will also seek to highlight the risks associated with leverage. Relation to previous research (Theoretical Framework) CAPITAL STRUCTURE THEORIES A companys capital structure shows all the sources of finance a company is utilizing to finance its operations. Capital structure refers to how a company finances its operations and it is usually made up of: Ordinary share capital Preference share capital Debt capital. There are two main theories about the effect of changes in gearing on the WACC and share value. There are: a.The traditional view b.The net operating income approach For which a behavioral justification was proposed by Franco Modigliani and Melton H. Miller (M M) in 1958 (Gitman, 2006). TRADITIONAL VIEW The traditional view states that debt capital is cheaper than equity and that such a company can increase its value by borrowing up to a reasonable limit (the optimal level of gearing). Return Kw Ke Kd P GEARING With the traditional theory, the following assumptions hold sway: Â   1.The cost of debt will remain constant until a significant point is reached when it would start to rise. 2.The WACC will fill immediately an external source of finance is introduced and will bring thereafter as the level of gearing increases. 3.The companys market value and the market value per share will be maximized where WACC is at the lowest point. M-MS SUPPORT OF THE OPERATING INCOME APPROACH The original normative theory of company valuation and capital structure was put forward in form of a behavioral justification of the Net Operating Income Approach by Franco Modigliani and Melton H. Miller (M-M) in 1958 (Gitman, 2006). To appreciate the propositions by M-M, it will be better to understand the M-M assumptions which are stated below. From these assumptions, M-M set out their three propositions. PROPOSITION I This states that a company cannot change the total value of its securities just by splitting its cash flow into different streams; the companys value is determined by its real assets, not by the securities it issues. Thus, capital structure is irrelevant if the companys investment decisions are taken as given. PROPOSITION II The expected rate of return on the equity of a geared company increases in proposition to the debt-equity ratio (debt/equity), expressed in market values; the rate of increase depends on the spread between the expected rate of return on a portfolio of all the companys securities, and the expected return on the debt. PROPOSITION III This provides a rule for optimal investment policy by the company: The cut off point for investment in the company will in all cases be the WACC and will be completely unaffected by the types of security used to finance the investment. Consequently, if the first two propositions hold, the cut-off rate used to evaluate investments will not be affected by the type of funding used to finance them, whatever may be the capital structure. The gain from using debt (at lower cost) is offset by the increased cost of equity (due to increased risk) and WACC therefore remains unchanged. Proposed methods STATEMENT OF METHOD Secondary data from financial database will be used. To determine the impact of leverage on the value of firm, a thorough study will be taken on each entity in the integrated chain. My choice of the above data collection method rested on their validity and research question. I also consider them to be less costly in relation to others. The study will try to integrate various academic literatures and examine the impact of financial leverage on the value of firms. Therefore, I shall obtain unbalanced panel comprising 25 companies listed on the Nigerian Stock Exchange for the period ranging from 2001- 2010 with relevant information over the last years. These firms and their published accounts will be used to determine the variable that will be stated. CHOICE OF THEORY There are two basic theories about the impact of financial leverage on firms value; the traditional theory and the Modigliani Millers theory. I shall base my study on the theory which seem more realistic with empirical fact. CAPITAL STRUCTURE In the academic literature, there two possible indictors of capital structure, namely, debt-equity ratio, defined as total debt divided by book value of common equity, and a ratio of debt total assets. In this analysis, the ratio of debt to common equity will be used. This will be more useful to explain the choice of a capital structure as compared to the ratio of debt to total assets. This variable shall be denoted as CS in our analysis. DATA COLLECTION The collection tools for the research project includes: Financial times statistical data from Nigerian Stock Exchange, Augusto rating on debt Equity Companies, Financial Index Journal. Others tool include the companys annual reports and account, the internet, financial newspaper particularly, Thisday, Institute of Chartered Accountants of Nigeria (ICAN) journals, Financial Standard, Business Times and some other foreign journal consulted at various library. The testing technique to be employed is regression and correlation analysis with the chi-square X2 distribution, which allows comparisons of an actual observed distribution with a hypothesized or expected distribution. This method is often referred to as a goodness of fit test. SAMPLE FRAME The secondary data above will be used in addition to the financial statement and Accounts of selected companies: Nigerian Breweries Plc, Pharma Deko Plc and Evans Medicals Plc. The result of the investigation will be analyzed and tested. The firm size shall be determined by its log of sales as published in their financial statements. Firms turnover as a percentage of capital employed will be used in our model. It is often argued that performance is a function of firm size and if we are to make a regression model with performance as response variable, it is important to incorporate firm size in our model. Firm size may be positively or negatively related to leverage. Odeleye (2014) come forward with the idea that large firms may exercise economies of scale, have better knowledge of markets and can employ better management personnel. Firm size also measures a firms market power or level of concentration within the industry. Reflections Finance: The execution of this project required substantial financial outlay. The sourcing and gathering of data, paying working visit to firm, conducting enquiry to the operations of the company and packaging available information into coherent project, required funding. Time: It takes time to conduct inquiry, investigation as well as gather, compile analysis and interprets data and then organizes them into a research work. The researcher worked under severe constraints of time as there was a deadline for the submission of the project. Attitude of the Practitioner: Although some information was readily provided by staff of the organization, a few other relevant ones were considered as confidential and strenuous efforts had to be made to collect some of the information that were regarded as confidential. Altogether, the limitations were so severe as to vitiate the research outcome, more especially because the researcher managed to overcome the obstacle. Physically, only some selected leveraged companies in manufacturing activities as an option for growth enhancement of market are included to minimize the expenses. Another limitation is that not all leveraged companies turn out to be successful in relation to market values; this research does not cover those companies. I obtained all the necessary information I needed for empirical analysis considering the advanced nature of the financial reporting of the firms under review which confounds to international standard? The financial regulation in Nigeria might not be up to date with respect to submission of financial statement. The gathering of data from some of the companys department required some payment. This expenses which was budgeted for constituted a challenge, yet there was a possibility of missing some data which is not found on the financial statement of the companies. This study was carried out with a sample of firms listed on the Nigeria Stock Exchange. The first empirical obstacle will be the availability of data for a minimum of ten trading years for the firms under study. The financial regulations in Nigeria require firms to submit their audited financial statements as well as certain information regarding their firms value. However, the data submitted by firms are in hard copy format and they are thus stored at the companys department in paper format. Given that availability is limited to hard copies, I feel that I will need to bear into mind the time factor involved in the manual gathering of relevant data. Moreover, data regarding a single company might be in different volumes and this might involve delay out of proportion in this assignment. Timetable July 2015 Proposal Submission August 2015 Proposal Approval September/October 2015 Literature review November 2015 submission and amendment of chapter 1based on examiners approval/comment December 2015 submission and amendment of chapter 2 based on examiners approval/comment January 2016 submission and amendment of chapter 3 and 4 based on examiners approval/comment February 2016 submission and amendment of chapter 5 based on examiners approval/comment March 2016 Proof reading, final editing, printing/binding and project submission References Akinsulire, O. (2002), Financial Management 2002. COEMOL Nig. Ltd Gitman, L. (2006). Leverage and Capital Structure (4TH Ed). Boston: Pearson Anderson Wiley. Odeleye, A. (2014) Corporate Financing and Efficiency of Indigenous Energy Firms in Nigeria: A literature Review. International Journal of Energy Economics and Policy. 4(1).