Assignment Essay Example | Topics and Well Written Essays - 750 words - 3

Assignment - Essay Example Hence, the different views of freedom in the society create different parties. These parties have different beliefs and views regarding freedom. In the United States, the rivalry of two parties has been popular which started the second party system. Two of the most known parties which opposed each other are the Democrats and the Whigs. These two parties have been opposing with each other in the perception of freedom even in the early 1830’s. The democrats are known as Jacksonian party. The first major leader of the party was Andrew Jackson. Democrats have viewed freedom as in favor of states’ right more than the federal government. They believe that the state can be very influential as a positive factor in assisting the people in the society (Herrick and Stuart 336). Also, they see equality as vital factor for freedom in the society. Democrats believe in a sense of equality in the society because for them, it gives an impact to people that long for belongingness. As wha t Herrick and Stuart stated, â€Å"Democrats believe in equality because it reduces alienation and creates a greater sense of social belonging† (336). Moreover, democrats view the society that is composed of rules for â€Å"haves† and â€Å"have not† (Norton et al. 325). Democrats view freedom having such just, humanitarian, and democratic society. It is on their belief that freedom should be considered as private that individuals are entitled to secure its stability. Democrats chose to believe that by having equal rights, it is the best way to ensure the effectiveness of having freedom in the society. As what Herrick and Stuart note that the state is the one who can control the economy by using social and rational planning as what Democrats believe (336). Also, the state is held responsible for economic planning so that the needs of the people in the society will be achieved. On the other hand, Whigs viewed freedom as having an active federal government. They b elieve that having an active government can help enhance the freedom of the society. Whigs are more in favor in an activist government in terms of economic expansion (Norton et al. 325). Hence, they are more supportive with regard to corporate charters, paper currency and even the national bank, which is the total opposite of Democrats (Norton et al. 325). Obviously, Whigs see freedom as a result of having social reforms and progress. For the Whigs, giving influence to the political minorities regarding reform associations can best express freedom in its form of serving the society for the common good (Norton et al. 325). However, this idea is viewed by Democrats as an improper way of giving freedom to the society. As Democrats favored equal rights, Whigs on the other hand, favored equal opportunities. In addition, Whigs insist that federal government can help instill and put a self-disciplined and self-directed freedom for each individual. The energetic government and active moral reform can best exercise freedom as what Whigs believe (Norton et al. 325). Thus, Whigs support new banks, availability of corporate and bank charters, and paper currency. However, Democrats never agreed for a paper currency (Norton et al. 325). Whigs have favored bank corporations, while Democrats have not. While Whigs remain to be industrialists and nationalists, Democrats stayed to the belief that every individual can take position. Indeed, these two parties have an opposite view regarding freedom in the

Tourism in New South Wales Essay Example for Free

Tourism in New South Wales Essay Introduction:   Ã‚  Ã‚  Ã‚     Ã‚  This paper seeks to answer given questions in relation to tourism   and   travel industry at New South Wales including evaluation the effectiveness of measures taken, difference of approach for Asian countries   affected by crisis, knowing   how to incorporate crisis management in an organization’s business strategic plans and   how to reduce damage from unseen contingencies. Questions and Answers 2.1. Do you think the measures taken by Tourism New South Wales were effective in helping the travel and tourism industry?   Ã‚     Ã‚  Ã‚  Ã‚  The measures taken by the Tourism New South Wales (TNSW) were effective in helping the travel and tourism industry in the sense that the outcome was a minimized reduction inflow of total visitors to the state through careful management of the crisis.    It was further mentioned that TNSW succeeded in defusing the industry hysteria and ensured that the industry was adequately informed, which gave the industry directions how to conduct its short and medium-term strategy in response to the crisis.   As a result, the industry, did not abandon the region in question entirely, which could have led to a very damaging loss of face and presence in many of the markets (Gray and Fletcher, n.d.).      Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  An analysis of the measures taken revealed concern rather than alarmed in terms of initial response taken by TNSW to address the crisis.   TNSW identified the crisis at the earliest time possible by tapping industry contacts and commentary by its regional officers in the affected areas. It helped to see the extent of the problem when government statistics on inbound tourism became available for decision making.   Since by that time, several media sources had been painting a bleak picture of the entire Asian-based tourism industry, which thereby created hysteria within the travel and tourism industry as a whole, TNSW has responded responsively accordingly.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   TNSW conducted its own analysis on the nature and extent of the crisis, and how it affected the travel and tourism industry on a country-by-country basis. By monitored the news reports for accuracy and senior levels, TNSW disseminated information through the press to paint a more comprehensive picture of what was actually happening as way of damage control to what the press has earlier reported. TNSW revived confidence and calmed down the hysteria generated through some speculative biased reports (Gray and Fletcher, n.d.).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Instead of being alarmed TNSW was able to provide leadership on how the industry should respond and to provide forecasts which it used to project the nature and extent of the recovery in all markets.   Based on forecasts made, it was able to see where it could take advantage opportunities and minimize the effect of industry threats (Kotler,1994; Kotter and Schlesinger,1991; Porter, 1980).   As part of its many tactical decisions, case facts mentioned the allocation of a larger portion of its budget to Asian region being diverted to other key growth markets such as the USA and Europe.   TNSW applied careful marketing investment decisions in Asia on the basis of analysis of which markets would recover first. It was able to observe which of the markets showed evidence of rebound while ensuring that it would not lose presence and awareness in those markets. How will the approach differ for the Asian countries affected by the crisis?      Ã‚  Ã‚  Ã‚  The approach will differ for Asian countries affected by the crisis in terms of giving priority where risks caused by the Asian crisis should be brought at the minimum by allocating more budgets for Asian countries than the rest that could produce more revenues or less amount of loss.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   To implement this kind of strategy, those countries which could give earlier recovery in terms of more revenues or less amount of loss should be viewed in the proper values of currencies of each of the countries. To illustrate, some of the Asian countries have smaller devaluation of their currencies than others in relation to the US dollar or those which has shown smaller decline in number of visitors are less affected.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Case facts say that the impacts of the crisis from Korea and Hong Kong were alarmingly low at the end to 1997, falling by about 90% from the previous year. Between the two Hong Kong has shown faster recovery. Japan in comparison showed smaller decline in number of visitors by about 6% in 1997, 19% in 1998 and 8% in 1999. Thus it was more proper to invest more in Japan that with Korea and Hong Kong.   Countries such as Korea, Indonesia, Malaysia and Thailand appeared to have held up well in 1999 after their being badly affected during the crisis, thus these countries could receive higher budget allocation in 1999 and afterwards. TNSW could not just abandon Asian markets because they constitute about 40% of all NSW’s visitors (Gray and Fletcher, n.d.). 2.3. The travel and tourism industry is often exposed to uncertainty, risk and disaster. How important is to incorporate crises management in an organization’s strategic business plans.   Ã‚  Ã‚  Ã‚   It is important to incorporate crises management in an organization’s strategic business plans because failure to do would leave the country or nation unprepared to such eventuality and it is such a big risk to face in terms of loss revenues. In the case of New South Wales, the tourism industry income represents about 10% of the state economy and the government is also depending from the same industry to employ thousands of its people, thus the decision of TNSW is critical and very important to making its strategic plans.   Ã‚  Ã‚  Ã‚  Ã‚   Incorporating therefore crises management to an organization’s strategic plans is the same as preparing for contingencies in the major part of the economic plans for New South Wales.   For a nation to lose big amount of revenues amounting to billions of US dollars and thousands of employment opportunities is also courting other problems for its people politically, socially and even psychologically.   Ã‚  Ã‚  Ã‚  Ã‚   To incorporate crises management therefore in an organization’s strategic plans amounts being complete and realistic in preparing strategic plans (Churchill, Jr. and Peter, 1995; Cooper, L. 2000). Strategic plans are meant to attain objectives which include the characteristics of being specific, measurable, attainable, realistic and time-bound. To prepare for any eventuality including possible crises is just being realistic with possible events in the future and therefore including crises management in strategic business plans of an organization is deemed part of well prepared strategic plan. 2.3. The unexpected can happen to an overseas market or group of markets. What should international strategic marketing plans incorporate to reduce damage from unseen contingencies?   Ã‚  Ã‚  Ã‚  Ã‚   To reduce damage from unseen contingencies, the following should be incorporated in the international strategic marketing plans:   (1) A contingency plan that could address all possible scenarios; (2) The contingency plan should allow management a sober analysis and interpretation of anecdotal and statistical information for decision making; (3) The contingency plan should allow dissemination of information to industry players to allow responsible decisions (Gray and Fletcher, n.d.);   (4) The plan should provide leadership in terms of how to respond properly with the contingency; and (5) The plan should have forecasts (Brigham and Houston, 2002;   Weston and Brigham,1993; Helfert, 1994) that could   project the nature and extent of the recovery in all markets should the contingency happen (Gray and Fletcher (n.d.). Conclusion and Recommendation   Ã‚  Ã‚     Ã‚  Ã‚  This paper has shown how an organization responded to unseen crises that it may not have foreseen as per case facts.   A calculated response was however noted in addressing the Asian financial crisis effects on tourism and travel industry to NSW by TNSW’s employing the elements of analysis and interpretation of anecdotal and statistical information, dissemination of information to industry, providing leadership in terms of how to respond to the crisis and providing forecasts which projected the nature and extent of the recovery in all markets.    The crisis was essentially external to TNSW but company appears to have been prepared despite any indication in the case fact that it did not foresee the same. The response therefore is an indication of preparedness that must formally form part of organization’s strategic plans. In additional international strategic marketing plans should incorporate contingency plans to reduce damage from unseen contingencies and that such contingency plans must be workable under different conditions.   Ã‚  Ã‚     Ã‚  Ã‚  Organizations are therefore recommended to always be prepared and the best kind of preparation is integration of contingency plans on their strategic business plans. References: Brigham and Houston (2002) Fundamentals of Financial Management, Thomson South-Western, London, UK Churchill, Jr. and Peter (1995) Marketing, Creating Value for Customers, IRWIN,   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Sydney, Australia Cooper, L. (2000) Strategic marketing planning for radically new products, Journal of Marketing, Vol. 64 Issue 1, pp.1-15. Gray and Fletcher (n.d.) Tourism New South Wale’s Experience in marketing tourism during the aftermath of the Asian financial crisis Helfert, Erich (1994), Techniques for Financial Analysis, IRWIN, Sydney, Australia Kotler, P (1994) Marketing Management, Analysis Planning, Implementation and Control, London, UK Kotter, J. and Schlesinger, L. (1991) Choosing strategies for change, Harvard Business Review, pp.24-29. Porter (1980) Competitive Strategy, Free Press, London, UK Weston and Brigham (1993) Essential of Managerial Finance, Dryden Publishers   London, UK

Proletariat vs. Bourgeoisie in Karl Marxs The Communist Manifesto Essa

Proletariat vs. Bourgeoisie in Karl Marx's The Communist Manifesto In The Communist Manifesto, Karl Marx and Fredrick Engels attempt to explain the reasons for why there is class struggle and suggest how to prevent class separation. According to Marx there are two different types of social classes: the bourgeoisies and the proletarians. The bourgeoisie are capitalists who own the means of production and the proletarians are the working classes who are employed by the bourgeoisies. Due to their wealth, the bourgeoisies had the power to control pretty much of everything and the proletarians had little or no say in any political issues. According to Marx, the proletarians population would increase and they would eventually rise above the bourgeoisie and hold a revolt against them. The proletarians would base this revolt with the help of 'faith and reason.' With the help from The Communist Manifesto, the proletarians realize the conditions they are in by being overpowered by bourgeoisies. The proletarians now have the reasons to ask qu estions about origin, order, and their purpose of life. Also, they could raise questions about meaning, truth, and value. Through 'faith and reason' the proletarians will be able to overthrow the empowerment of the bourgeoisies.1 Marx expressed many views about the over empowerment of the bourgeoisies in The Communists Manifesto. Marx believed that the working class was not getting paid what they deserved for the quality of work that they were producing. Marx thought that the all workers should be paid the same rather than by social position. For instance, Marx thought that a mineworker should be paid as much as a doctor. Marx states, ?The average price of w... ...ower by the proletariat.2 Marx then tries to eliminate the power of the Bourgeois by eliminating property. Without private property the Bourgeois cannot control business and create capital. Overall, the proletarians had very different and more dreadful lifestyles then the bourgeoisie. The proletarians had very bad working conditions and were paid low wages. On the other hand, the bourgeoisie were the social power and could control mostly everything to keep them at absolute power. Works Cited 1 www.as.udayton.edu/hbase/themes.htm 2 Karl Marx. The Communist Manifesto 3 www.classicnotes.com 4 Dennis Sherman and Joyce Salisbury. The West in the World. 5 Briefs, Goetz A. The proletariat; a challenge to western civilizatoin 6 www.schoolhistory.org.uk/IndustrialRevolution/womenancchildren.htm 7 Sombart, Werner. Bourgeois.

Business Economics – Regression Analysis

Effect of Ratio Profitability: Return on Asset (ROA) and Return of Equity (ROE) to Stock Price of PT Bank Central Asia (BCA) Tbk. Ratio profitability, Return on Asset (ROA) and Return of Equity (ROE), of a firm is used as one of parameters for investor to decide whether they want to invest or not. The following table consists of ROA and ROE as well as the stock price of PT Bank Central Asia (BCA) Tbk. , as one of the largest bank in Indonesia, from year of 2002 up to 2011. Table 1. ROA, ROE and stock price of PT Bank Central Asia Tbk. tahun 2002-2011 Year| Stock Price(Y)| ROA(X2)| ROE(X2)| 2002| 2500| 2. 17| 22. 08| 003| 3325| 2. 36| 24. 87| 2004| 2975| 3. 04| 32. 52| 2005| 3400| 3. 41| 32. 33| 2006| 5200| 3. 43| 33. 58| 2007| 7300| 1. 68| 16. 47| 2008| 5778| 3. 14| 33. 16| 2009| 5645| 3. 17| 32. 11| 2010| 4284| 3. 28| 31. 23| 2011| 3674| 2. 65| 24. 16| Using regression analysis we want to determine the relationship between ROA, ROE and stock price of PT BCA Tbk. In this case, ROA an d ROE are the independent or explanatory variable (X), while stock price is the dependent variable that we want to explain (Y). Regression Analysis SUMMARY OUTPUT| | | Regression Statistics| Multiple R| 0. 13028475| R Square| 0. 016974116| Adjusted R Square| -0. 63890422| Standard Error| 1710. 529517| Observations| 10| ANOVA| | | | | | | df| SS| MS| F| Significance F| Regression| 2| 353656. 3| 176828. 15| 0. 060435241| 0. 941840446| Residual| 7| 20481378. 6| 2925911. 229| | | Total| 9| 20835034. 9| | | | | Coefficients| Standard Error| t Stat| P-value| Lower 95%| Upper 95%| Lower 95. 0%| Upper 95. 0%| Intercept| 5361. 609293| 2796. 526605| 1. 917238793| 0. 096721961| -1251. 125335| 11974. 34392| -1251. 125335| 11974. 34392| X Variable 1| -142. 3275587| 3749. 125063| -0. 037962873| 0. 970777259| -9007. 599603| 8722. 944486| -9007. 599603| 8722. 944486| X Variable 2| -19. 7879081| 375. 1702777| -0. 051919867| 0. 960043105| -906. 6155278| 867. 6579462| -906. 6155278| 867. 6579462| From the summary output we can estimate the linear relationship between the stock price (Y) and ROA (X1), ROE (X2) in the form of equation below: Y= 5361. 6092 – 142. 3275 X1 – 19. 4788 X2 The result indicates that for each 1% decrease in ROA and ROE; the stock price decrease by IDR142. 3275 (the estimated coefficient of X1) and IDR19. 4788 (the estimated coefficient of X2) also, respectively. To understand how significant the independent variable can explain the dependent variable, we can observe from t-stat data.The critical value of t at the 0. 05 level of significance is 2. 365 (from table of the t distribution). The analysis result show that t-stat value below the critical value of t = 2. 365. It means that at the 5% level of significance, we accept there is no significant relationship between ROA, ROE and stock price. We need more variable better than just ROA and ROE to picture the movement of price stock. The two variables, ROA and ROE, are not enough to explain th e stock price of PT BCA Tbk. Now, we want to see how good is the model or how much the explanatory power of the model by looking at R2 data.R2 measures how much of the variation in the firm’s stock price is explained by the variation in its ROA and ROE. The analysis result shows that the value of R2 is 0. 016974116, extreme to 1. It means that none of the variation in stock price was explained by the variation in ROA and ROE. In conclusion, looking at the value of t-stat and R2, variable ROA and ROE is not enough to explain the movement of stock price PT BCA Tbk. We need to add more variables to get more description how the stock price change and how significant and sensitive the variables impact to stock price.

Is Mayella a Victim or Criminal Essay

The norms of society are infectiously pervasive. Sometimes it’s these norms, which don’t let the society appreciate the potential it has causing the innocent victims of society to turn into criminals. It is not just the society which plays a role in creating criminals in fact family and home life is quite influential as well. We notice this when Mayella a nineteen-year-old commits the unspeakable crime of accusing a black man of a rape- who is completely innocent. Even though this event may portray Mayella as a criminal and a racist being, but Mayella herself is a victim of society’s prejudice thinking, her family, and, loneliness. In the city of Maycomb the Ewells have always been looked down on and considered white trash. The Ewells are neither accepted by white people due to their social standing nor black people who disassociate themselves with the Ewells because they are white. Mayella, being different from the other Ewells, wants to experience the world outside of the filth she lives in: â€Å"Against the fence, in a line, were six chipped-enamel slop jars holding brilliant red geraniums.† The germaniums suggest that Mayella desires to be better than her surroundings, to aspire to higher things. Another reason as to why she immediately seizes her chance to finally access the privileges of white womanhood after years of living among pigs. She is someone who does not want her identity to be associated with the Ewells. However, at the end of the day society does not see Mayella for who she is but instead a Ewell. Society’s norm leaves Mayella completely lonely and isolated, so her attraction to Tom Robinson is a consequence of this seclusion. Due to her mother’s absence, Mayella being the oldest of the eight children is forced to look after the younger Ewell children, since Bob is out drinking up his relief check. Her relationship with her father is incestuous and abusive, but she doesn’t have anywhere to go or anyone to help her. However when she is approached, pitied, and helped by Tom Robinson, she craves him. But what she really feels is happiness of being with someone in hope of receiving the love she has been deprived of. Her decision to falsely accuse Tom Robinson of rape is certainly a horrendous  act, but she no doubt was forced to do so by her father, Bob, to cover the fact that he beat her himself. The only reason she begins to employ the same low, underhanded tactics of persuasion as her father is for her own safety. Loneliness is the main reason why Mayella throws herself on Tom Robinson. Being a young teen girl she has been through many hardships raising her siblings, enduring her father’s beatings, and having her mother snatched from her at a very young age. Like any girl at this age she dreams that her perfect man will come and take her away from this filth she is living in and give her all the love she has been deprived of however, she doesn’t understand that this is her misconception and in real life nothing like this will happen. But without the right guidance and love she will be keep hurting herself by putting herself through all this exploitation. She seeks this love because she gets from nowhere else, as her mother has passed away, her dad is an alcoholic, and she has no friends. She may be a criminal for accusing Tom Robinson for something he hasn’t done but she herself is also a victim of the society, her family, and loneliness. But it’s these experiences that urged her to become a criminal. She was also a mockingbird who got exposed to the cruelty of the world causing her to kill another mockingbird.

What You Mean To Me Essays - Music, American Music, Free Essays

What You Mean To Me Essays - Music, American Music, Free Essays What You Mean To Me WHAT YOU MEAN/MEANT TO ME WHEN I SEE YOU WALK BY, WHEN YOU DON'T STOP TO SAY HI, ALL I CAN DO IS SIT BACK AND SY, FOR I CAN'T FORGET THAT TIME, THAT TIME WHEN YOU MADE ME CRY, THAT TIME WHEN YOU LEFT AND SAID BYE BYE, WHAT ABOUT OUR LIVES, WHAT ABOUT THE PAIN I HAVE INSIDE, BABY I'M SORRY FOR ALL MY LIES, BABY YOU LIGHT MY SKY, YOUR AS SWEET AS A BUTTERFLY, AND WITHOUT YOU I WOULD JUST DIE..

A Description of Life in the Treches During WWll essays

A Description of Life in the Treches During WWll essays A Description of Life in the German Trenches during WWI In an age driven by technology, the face of war has changed so dramatically that wars can now be fought on digital battle fields from ships that volley missiles capable of devastating entire armies at distances measured in hundreds of miles. It is far cry from life experienced by soldiers in WWI whose only protection from the nearby enemy lines merely feet away were miles of cold and shallow trenches that zig zagged their way across Western Europe. Carl Zuckmayer, a writer and WWI veteran, describes his experiences in the trenches on the Western front of the war and the effect it had on his life and political views during post war years in his autobiography entitled, A Part of Myself. Born in 1896 and only seventeen at the outbreak of war in 1914, Zuckmayer was a gifted poet whose leftist political views had a major influence on his initial disapproval of the war. I will never kill anyone. I would rather go to prison (Zuckmayer 141) was his response when asked about whether or not he would join the army. However, upon returning home from his summer vacation, he was quickly swept up in the patriotic euphoria of the German people were. He writes I remember precisely what I was feeling...something was entering me-not like an infection, but rather like some form of radiation, like a completely novel, tingling current, as if I had put my hand on the grip of an electrified machine (142). This renewed sense of national pride was fueled by the mass belief that a war with France and Russia would be a quick and victorious one. As with the rest of the German people at that time, he would comes to find out in the following years that this is would not the case. However, it sparked enough of a fire inside him that in August of 1914, along with his schoolmates, he dismissed his leftist views and enlisted in the German Army. He states...