Saturday, December 28, 2019

The Mortgage Crisi- Cause and Effect - 1167 Words

The 21st Century Mortgage Crisis ENGL106 January 22, 2011 Abstract The 21st century mortgage crisis is certainly a key factor to the current financial catastrophe. There are multiple events that contributed to the downward spiral of the mortgage business. The crisis can be directly linked to the overzealous dreams of home ownership to the manipulation and failure of capitalism. What started out as mortgage bankers’ relaxed and deregulated approach to funding unqualified lenders has turned into an unprecedented mortgage crisis which has greatly impacted the global markets. The 21st Century Mortgage Crisis The mortgage crisis is a shock wave that has traveled through the economic leaving all in its path searching to pick up†¦show more content†¦Bear Stearns, Credit Suisse, Lehman Brothers were making millions securitizing debt and millions from fees (Muolo, 2008). Some of the largest corporations have billions of dollars in mortgage assets on the balances sheet and issuing MBS and other complicated financial instruments to domestic and global investors the market became saturated with risk. In 2007, the housing bubble burst, the main contributor was due to the correction of the Fed Fund interest rates. When interest rates began to increase the home sales decreased, the housing price crashed- meaning that the value of the homes spiral to all time low. The mortgages on millions of homes became worth more that home itself, this cause many homeowners to default of payments and foreclosure roused at an alarming rate. With the massive defaults devastating the markets it undermined Wall Street’s financial instruments and forced some of the countries’ largest corporations into a tail spent of chaos. The mortgage crisis was officially formed like a tornado leaving a path of destruction. Due to the default of payments the MBS and related instruments rippled through the global economy like wild fire. Due to all the toxic assets held by banks and corporation forced a credit freeze and cause the bankruptcy of Fannie Mae and Freddie Mac along with the failure of Lehman Brothers. To â€Å"Big to Fail† became a hot topic forcing the government and the Federal ReserveShow MoreRelatedTheu.s. Housing Market And The U.s. Financial Crisis1448 Words   |  6 Pagesoccurred in the U.S. housing market between 2007 and 2009, led to the biggest global financial crisis. The impact of this crisis extended over the world, and the economies of many countries were damaged. Kawai stated that: ‘The ongoing global crisis has had a profound impact on the Asia and Pacific region, particularly on its exports.’ (2009:1) There were a lot of factors which brought about the crisis. Due to limited space, this essay will look at the U.S. housing market and the U.S. financial systemRead MoreThe 2008 Financial Crisis Essay1326 Words   |  6 Pagesintroduction The 2008 financial crisis led to a sharp increase in mortgage foreclosures primarily subprime leading to a collapse in several mortgage lenders. Recurrent foreclosures and the harms of subprime mortgages were caused by loose lending practices, housing bubble, low interest rates and extreme risk taking (Zandi, 2008). Additionally, expert analysis on the 2008 financial crisis assert that the cause was also due to erroneous monetary policy moves and poor housing policies. The federal governmentRead MoreFinancial Crisis And Its Effects On The World Economy1467 Words   |  6 Pageswith a major financial meltdown with global market failures and economies in shambles. The emergence of subprime mortgages and the collapse of securitized derivatives led to much speculation of different causes. What was the root factor that led to the triggering of this financial crisis? This research conducts a comparative analysis of my research and beliefs on the cause of the crisis contrary to other resea rchers’ conclusions. It is an aim to provide my hypothesis on the leading factors and conductRead MoreMortgage Backed Securities : Cause And Effect835 Words   |  4 PagesMortgage-Backed Securities: Cause Effect Introduction New-Age Guru Deepak Chopra once said that Wall Street was broken because it had succumbed to greed, corruption, and pure speculation with no real values. At the time, Chopra was informing his audience about the correlation between perception and fragility. Although perception can be changed, fragility cannot: a 100lb sac of concrete is still the equivalent of a 100lb sac of dollars. During the mid-1990s, the US economy had maintainedRead MoreSubprime and Adjustable Mortgages1156 Words   |  5 PagesSometimes, when people buy a home for first time, they usually get subprime mortgage rates. Lenders grant these types of rates are to borrowers whom their credit history is not sufficient to get a typical mortgage. Sometimes, these borrowers have bad or even insufficient credit history. Subprime mortgages regularly offer loans that are interest only. These loans, that are â€Å"interest-only,† are easier for buyers to afford. When you get one of these loans, the lender does not require you to pay anyRead MoreThe Problem Of Global Financial Crisis1122 Words   |  5 Pagesoccurrence of Global Financial Crisis (GFC) in 2007 was induced by people themselves who expect that the economic level could be constantly maintained in the impractically high position, but there are lots of issues caused by such high level of economy. Even though the whole world economy is trying to recover from the Global Financial Crisis, but it still has some propagation effect to other countries until now. There are many factors could cause the Global Financial Crisis, impractically high economicRead MoreThe World Experienced A Tremendous Financial Crisis Essay1131 Words   |  5 Pagesworld experienced a tremendous financial crisis which rooted from the U.S housing market; moreover, it is considered by many economists as one of the worst recession since the Great Depression in 1930s. After posing a huge effect on the U.S economy, the financial crisis expanded to Europe and the rest of the world. It brought governments down, ruined economies, crumble financial corporations and impoverish individual lives. For example, the financial crisis has resulted in the collapse of massiveRead MoreAnalysis of â€Å"the Global Financial Crisis: Causes, Effects, Policies and Prospects† Dominick Salvatore, Journal of Politics Society, Columbia University1110 Words   |  5 PagesAnalysis of â€Å"The Global Financial Crisis: Causes, Effects, Policies and Prospects† Dominick Salvatore, Journal of Politics Society, Columbia University June 2010 Marija Nikolic December 2012 Global financial crises has brought into focus debate about decisions made by the countries which are leading economic forces, making them to reconsider past living standards and habits. With the aim to examine the causes, effects, policies and prospects for the financial crisis D.Salvatore published the articleRead MoreBanking of Uk1564 Words   |  7 Pages1. The financial crisis of 2007/2008 and its impact on the UK and other economies Do you still feel vague about the causes and the effects of the financial crisis of 2007/8? Are you preparing for a job interview in either the private or public sector? The events of 2007/8 have shaped both the current UK commercial and business scene and are now having a massive effect on the public sector. Similar impacts are being felt across Europe and the wider world. Knowing a bit more about what happenedRead MoreThe Subprime Mortgage Crisis1595 Words   |  7 PagesThe Subprime Mortgage crisis ECO 2072 Principles of Macroeconomics In the beginning One of the first indications of the late 2000 financial crisis that led to downward spiral known as the â€Å"Recession† was the subprime mortgages; known as the â€Å"mortgage mess†. A few years earlier the substantial boom of the housing market led to the uprising of mortgage loans. Because interest rates were low, investors took advantage of the low rates to buy homes that they could in return ‘flip’ (reselling) and

Friday, December 20, 2019

Angry Americans How The 2008 Crash Fueled A Political...

Angry Americans: How the 2008 Crash Fueled a Political Rebellion, Victoria Stilwell and Sarah McGregor, March, 1 2016 Bloomberg Americans are revolting in the primaries by either voting for Trump or supporting Sanders because they don’t believe the American economy is fine. Unemployment is at an eight-year low but labor force participation is down. There has been six years of uninterrupted growth but at a pace that won’t close the economy’s output gap until 2026. Wage growth is getting higher but not by much. Statistics like these explain why the 2007 – 2009 recession is still present in the electoral scene. After the worst collapse and weakest recovery, many Americans seem eager to listen to the Sanders critique of wealth distribution or Trump’s argument against trade. Families are skeptical of claims that the recession is over or that the US has recovered. They feel that they haven’t recovered are or worse off than they were before. According to Doug Holtz-Eakin, president of the center-right American Action Forum and a former director of the Congressional Budget Office, it’s an inconsistency between what is actually happening in their everyday lives and what they’re hearing which is why people are so angry. Trump and Sanders are using that anger to challenge the management of America’s economy at a more fundamental level than other candidates. Sanders, a self-proclaimed democratic socialist, focuses on the internal disparities. He’s promised to break up the largest

Thursday, December 12, 2019

Romeo and Juliet Essay - Misconceptions Between Love and Lust free essay sample

Romeo has himself, along with the audience for a short period of time believing that he is in love with Rosaline. However, at the very sight of Juliet, he instantly claims to be in love and leaves the audience wondering how he forgot about Rosaline, a woman he supposedly loved so quickly. This leads the audience to consider that Romeo did not feel true love for Rosaline, therefore questioning the thought of this complete, passionate love he feels for Juliet, and further leading the audience to believe that Romeo and Juliet may not even Ferri 2 e considered a love story, but a tragedy due to the misinterpretation between love and lust with many elements of infatuation in between. The play starts off with Romeo claiming to be in a state of complete love with Rosaline. However, as he starts to explain the complications of this love with his cousin Benvolio, it becomes clear that Rosaline does not feel the same way about Romeo, as she does not even know who he is. This lets the audience know that what Romeo is feeling is infatuation and lust, not anything as deep and intense as love should be labeled as. His feelings for Rosaline have been strictly created and grown off the sight of her, but have not developed in any other form, except that he thinks of her as a beautiful woman who has allegedly stolen his heart. As Benvolio listens to Romeo explain his obsession with Rosaline, Benvolio asks Romeo why he has chosen to love Rosaline. To which Romeo repliesâ€Å"Well, in that hit you miss: shell not be hit,  with Cupids arrow; she hath Dians wit, And, in strong proof of chastity well armd, from loves weak childish bow she lives unharmd.   (Shakespeare, Romeo and Juliet,I,I,215-223). Romeo describes how Rosaline has not been â€Å"hit with cupids bow† meaning that she has yet to fall in love with him, nor will she ever. Also this verse gives the audience proof that Romeo is in love with just her looks, and the lack of her personality traits being described only confirms the argument that Romeo is only infatuated with Rosaline. However, the infatuation with Rosaline seems to give Romeo a new perspective on what he should feel when he loves someone, letting him believe that when he meets Juliet, it was true love. Ferri 3 In the play, Romeo is not the only one who is thought to be in this state of infatuation. Just like himself, Paris the man who is betrothed to Juliet, believes he has some sort of a loving feeling towards Juliet. The audience can in a way, make the interpretation that love may not even be a valid theme in the play and the idea of falling or being overcome by love by only the sight of one another, does not match, nor come close to the true meaning of deep, compassionate love. A possibility that love is becoming real is when Romeo and Juliet have their second encounter in the Capulet’s courtyard, after the party where they both first fell into the trance of lust with one another. It is here that Romeo and Juliet begin this love story that captivates the reader into considering that both lovers are growing the rarely heard of love for each other. As the conversation between the two develops, marriage has already been announced and the feeling of love has been expressed â€Å"R: O, wilt thou leave me so unsatisfied? J: What satisfaction canst thou have tonight? R: The exchange of thy love’s faithful vow for mine. J: I gave thee mine before thou didst request it; and yet i would it were to give again. † (Shakespeare, Romeo and Juliet, II, II, 133-136) The audience, at this moment, is caught in the daze of how much depth and emotion these two claim to feel about one another that it is disregarded how the two only met hours before. As both characters seem to feel love and adoration between each other, attention on    Romeos abrupt love and obsession with Rosaline poses the subject of Romeos possible lack Ferri 4 of true love towards Juliet. Also Juliet is described to be not yet fourteen â€Å"My child is a stranger in the world, she hath not seen the change of fourteen years† (Shakespeare, I, II, 8-9). By her father simply stating that Juliet is a stranger in the world he is telling Paris, she is not yet ready for love or marriage as she does not and could not understand the meaning behind the two. he is just entering into her teenage years and most, if not all teenagers in her and our society do not know, understand, or even experience the committed, powerful feeling that love for a significant other is. Although both end up committing suicide because the thought of not having the other in their lives was unthinkable, irrationality was taken by both characters, as by simply being in the right place a t the wrong time caused this story of bringing two loathing families together by a mutual love, into becoming a tragedy as these two lovers would take their lives to stay in eternity with the other. The debate on whether or not Shakespeare created a love story between two â€Å"star cross’d lovers† whose fate lead them down a path of destruction continues as generations come across the play. Interpretations are all different as are each and every perspective on the piece. Much evidence in the play itself shines a light on the illusion of both Romeo and Juliet being in this unbreakable, dying love. Nevertheless, by Shakespeare using this illusion, not many look into the dim, grey area of the trance of lust that is what may be the true feeling between the two lovers. Love is not a tangible thing; you can not hold or touch it. However it is a connection between two people that have learned from pain and trial to find the genuine act of love. One could argue Ferri 5 that Romeo and Juliet were never in love. That neither had the capacity to find sincere love, and by pondering this statement, stating that these two tragic lovers lives, were nothing in comparison to an authentic love story.

Wednesday, December 4, 2019

Ethical Issues in Nursing free essay sample

Critical Thinking is based on clever thinking that is focused on deciding what to believe or do. Critical thinking is an analytical thinking that’s help in order to solve problems which occur on an everyday basic. Understanding how to figure out a resolution in order to solve a problem is a very great technique in all areas of life. Which is helpful in everyday living, for example school. While attending college I’ll be taking classes in order to become a Register nurse. This gives me an opportunity to use my thinking skills in new ways. Also critical thinking will help me to have a better view and understanding of material and the capability to perform and succeed in classes. Having the knowledge of critical thinking can help in many different careers. As for nursing, critical thinking plays a very important part in your work. Problem solving and decision making are two of the most essential common thinking processes used in nursing. We will write a custom essay sample on Ethical Issues in Nursing or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page So it’s very important to identify facts and evidence from opinions keeping a open mind while being a creative problem solver. For example, I use to work at this nursing home and we were having issues with not knowing if residents were having bowel movements. My director of nursing was trying to come up with an idea on what to do. That when I got an idea a BM chart! I had to think it out before I presented it to my director. Finally when I had it all fine points I presented it to her and it worked. That made me believe you can success by staying focus and open minded. You have to try new things in order to see what works. If you don’t try it you will never know. Remember to challenge all information unless it provides you with facts and evidences. Ethical Behavior Ethical behavior is a standard I hold for myself honesty and accountability, and how you treat others in all walked of life. Like the golden rule you treat other as you want to be treated. I live by that rule I do people like I want to be done. I feel like you get further in life having a positive attitude toward others. As for me I work in a hospital so that rule really applies. I’m dealing with all kinds of people, sicknesses and even death. This helps me to relate and have a better understanding toward the patients, families and coworker feeling. Even companies have ethical behavior that’s expected of you and what’s not when hiring an employee. Reflection Reflecting back over the steps it took me in order to write this paper. First off I was totally unsure about what I wanted to write, so I then began to think about the word critical thinking and what it means. That’s when I began to jock things down that I wanted to write in my paper. Finally I got me a cup of coffee sat in front of my computer and began typing. Last but not least I’ve been proof reading over and over, adding and subtracting words and sentences until I had my final essay. Quote â€Å"In order to get the most out of life, everyone needs to develop rational life plan that â€Å"would be chosen by him with full deliberative rationality, that is, with full awareness of the relevant facts and after a careful consideration of the consequences.

Sunday, November 24, 2019

What To Know About Marijuana Professor Ramos Blog

What To Know About Marijuana There are many things we Wonder about Marijuana, From the laws to the side effects. Did you know that in the 1600’s hemp was grown by George Washington at Mount Vernon and by Thomas Jefferson at Monticello. By the early 1800’s cannabis medicines were produced and medicinal use of hashish and marijuana where legally used throughout the 1930’s. As the states started to legalize the medicine, states would proceed with the marijuana legalization laws as well. First, is how Marijuana has changes many peoples lives over the years. Secondly, how marijuana has been beneficial to the world. Lastly how it may affect the people or the world in a harmful way. How marijuana has changed the world Marijuana has been used since ancient times and has been beneficial in so many ways. It has been used as food, rope and its fabric has been made into parachutes for WW2. In the U.S around the 1850’s 8,327 hemp plantations where growing hemp for cloth, canvas and rope. Once it is used as recreational use during the prohibition in 1922, â€Å"tea pads† opened up all around new york and would sell product for low prices, at least 500 of these locations opened up all around. Some people even use is as income since it has been in such high demand. Once the medicine became legal in so many states, it really started bringing a better outlook to the people. There are many different laws on how much you may carry at one time and it all varies from state to state. In 1915 is when it all started, when a group of mormons were caught traveling with marijuana they were caught returning to Salt Lake City from Mexico and states then enact there marijuana prohibition laws. In the 1930â €™s there was harsh penalties for drug use and Marijuana was considered a drug, maximum criminal penalties and may establish mandatory minimum for violation of drugs, including marijuana. That could be 2-10 years in jail or facing up to a $20,000 fine for marijuana possession. Back in 1978 a law was passed that allowed curtain people to be able to use marijuana and at it peaks had about 30 or so people, they would receive medical marijuana from the government. It is said that marijuana does not cause violence, insanity or lead to any other drugs. Marijuana is used by a group of hippies and it became a symbol of rebellion against the authority. How marijuana has benefited the world â€Å"Hemp For Victory†   is a campaign to encourage American farmers to grow hemp to help produce materials for the marines like cordage, parachutes and sails all during WW2. Ones who did attend got grants and seeds to start there work. Although when nylon came around it made hemp less profitable around the U.S and farmers began planting more lucrative crops. As the years go on, now at 1970’s the law is prohibited and sentencing for small amounts of marijuana is eliminated. President Richard Nixon steps in and Studies the abuse of the medicine, and says it is a simple misunderstanding and recommends that they decriminalize marijuana. It is now treated as little as a traffic violation in: Alaska, California, Colorado, Main, Minnesota, Mississippi, Nebraska, Nevada, New York, North Carolina, and Ohio. In 1970 it was now legal for medical use and the Organization for the Reform of Marijuana Laws is in full affect. In 1974 High Times comes out with a magazine that inform s you on the legalization of marijuana. In 1976 Randall was arrested for cultivation of his own marijuana, and becomes the first patient to receive marijuana as a treatment for his medical disorder. By 1977 Jimmy carter is recommending that it decriminalization of marijuana for possession in small amounts. In 1995 now some states are allowing it to be cultivated for industrial reasons. Requested by the white house was the institute of medicine which conducts a review, the report concludes that cannabis is useful for pain relief, controlling of nausea and vomiting and helps the appetite. By 2011, a gallup poll shows that 50 percent of americans think that marijuana should be legalized. By 2013 a Gallup poll for the first time reports that, A majority of americans are supporting the legalization of marijuana, and then the first retail shop opens up in colorado. Then the government wanted to put a restriction on who was able to use medical marijuana, to use is you had to have serious m ental illness. It is even said by the man himself, President Obama states â€Å"he does not think that marijuana is more dangerous than alcohol.†   by 2016 the sales of marijuana have grown to an outrageous amount of 5.4 billion dollars and a judge rules that one can legally cultivate their own plants.There are many good effects of marijuana it will help sleep, arthritis, muscle pains and help calm down after a long day. How the world may have been affected by Marijuana The Government states that marijuana has no accepted medical use and should remain classified in the same category as heroin. In 2011, A gallup poll states thinks that 50 percent should be legalized, while 46 percent oppose legalization. In 2012, a rejected petition to reclassify marijuana from its current federal status with no accepted medical use. As the word gets spread about marijuana more and more people want to know about it, but it being a Schedule 1 drug it does not allow doctors and prohibits the amount of research that is accessible. A schedule one drug is a substance or chemical that are defined by the government as drugs and not looked at as medicine, and a high potential for abuse.The California Supreme Court holds bans on medical dispensaries in about 200 cities throughout the state. In an interview in New York, 2014 Obama states that â€Å"he does not think that marijuana is more dangerous than alcohol.† The Colorado Supreme Court rules that anyone who uses mar ijuana even on their offtime can be fired. As more states proceed with marijuana legalization laws, questions have arisen about how to accommodate those states that wish to retain prohibition, for instance in 2014 Oklahoma and Nebraska both unsuccessfully sued colorado based on the spillover effects that Colorado’s marijuana legalization affected the neighboring states. The legalization laws have a number of things that make it very hard for distributors to profit from exporting legally produced Marijuana across state lines. Coming into 2018, there are 30 legal medical marijuana states and a few of them allow cultivation that allow cultivation and the use of marijuana, now 19 states and counting have operating dispensaries. Eight states now have recreational marijuana laws and there are four states with operating retail stores. The facts show that marijuana has been very beneficial to the world, it has been used since ancient times for many things like food, utility’s and many other helpful things for the people. It is stated by Richard Nixon he steps into the study’s of marijuana and says â€Å"it’s a simple misunderstanding and we should decriminalize marijuana. It is now treated like a small traffic violation if you are stopped in curtain parts of the us. There are many ways marijuana has affected the world, it being looked at as a schedule one drug really made people hate the substance and smell. It being a schedule one drug really prohibited the research that is allowed to be done. That is until everyone started becoming interested in the medicine that is now helping people all around the world and they started to become more interested in where to get it. Work Cited: K.I. Bolla, K. Brown, D. Eldreth, K. Tate, J.L. Cadet, Neurology Nov 2002, 59 (9) Kimberly A. Babson, Matthew Tyler Boden, Marcel O. Bonn-Miller. (2013) Sleep Quality Moderates the Relation between Depression Symptoms and Problematic Cannabis Use among Medical Cannabis Users. The American Journal of Drug and Alcohol Abuse 39:3, pages 211-216. Alfonso Fiorello, Giovanni Vicidomini, Mario Santini; Marijuana smokers and lung bullae, European Journal of Cardio-Thoracic Surgery, Volume 34, Issue 3, 1 September 2008, Pages 706–707 Pacula, Rosalie Liccardo, et al. Developing public health regulations for marijuana: lessons from alcohol and tobacco. American Journal of Public Health 104.6 (2014): 1021-1028. Pierre, Joseph M. Psychosis associated with medical marijuana: risk vs. benefits of medicinal cannabis use. American Journal of Psychiatry 167.5 (2010): 598-599. Kreit, Alex â€Å"Marijuana Legalization And Nosey Neighbor States† 2017 Boston College Law Review.

Thursday, November 21, 2019

Assessment of a social networking company Essay

Assessment of a social networking company - Essay Example Among these sites, MySpace.com is undoubtedly the market leader. MySpace.com accounts for an impressive 47.4% of the total market share. Facebook is second on the list with the market share of around 18%. Orkut and Flickr are next in the list and they account for almost 7% of the market share, each. (MC Marketing Charts) Many experts claim that the websites operating in this industry may experience a fast growth and an eventual chill if they do not develop long-term strategies. For example, new websites can easily take away the market share of old, if they do not innovate and strategize their operations. To support their argument they give the example of Orkut. In the past, Orkut was growing at a very fast rate but it did not innovate as result new websites came and experienced a massive growth at the expense of Orkut. It is also believed that with the passage of time, as the industry matures, these sites are going to attract more and more traffic. This large turnover will encourage companies to advertise more on these websites. As a result, these websites will experience an even larger growth in their revenues. As a result, many big brands consider advertising on these sites as a better way to grab the attention of "target market" towards their products. (Nielsen) This industry, in the recent times, moved from niches to become one of the most coveted sectors. This growth has also caused creative destruction for the other mediums of marketing like radios and televisions. Earning Revenue from Advertising: The boom in social networking has blossomed opportunities for advertisers to start using these networks as a vehicle to reach their target market. For e.g. in Italy, Maserati is using social networking websites to reach out to its customers. However, if we analyze the situation, we can reach a conclusion that those advertisers who want to advertise on social networking sites have to overcome a few challenges. Though, advertising on the social networking websites is increasing, but it is still very less, compared to the number of people who use these networks. (Review) The diversified nature of the environment means that standard ads won't be able to succeed in this market, and it is imperative that different approaches should be tried to find out the mindset of people who use these networks. Since, advertising all over the world is losing credibility, it is better for these companies to advertise with a more humble and candid perspectiv

Wednesday, November 20, 2019

Energe sources Research Paper Example | Topics and Well Written Essays - 1250 words

Energe sources - Research Paper Example Generally unlike fossil fuels which are considered to be expensive, pollutants and non-renewable energy, the new alternative energy sources like wind and solar energy should be encouraged and supported by the federal government in an attempt to curb the nation’s increased demand for conventional fuel. This paper proposes the development and support of solar energy and wind power as some of the best alternative sources that should receive government assistance to enable the country address some of its energy related challenges. Solar energy Solar energy refers to the clean energy that is derived from the sun in form of solar radiation. Generally the current technology primarily harnesses solar energy either through the use of solar thermal collectors or the more complex photovoltaic cells. Although currently only 1% of the total energy consumed in America is derived from solar energy, the renewable energy source has got immense potential in the future and is consequently one of the best energy sources that should receive federal funding and support. ... According to Bradford â€Å"this is a relatively large area with an untapped potential to produce up to 76,000MW of clean photovoltaic electricity.†(106). On the other hand, there is also a huge energy potential in solar thermal power plants. Although critics argue that such plants often occupy large tracks of land, a comparison of their electricity output verses land size reveals that solar thermal plants use significantly less land than hydroelectric power or coal plants. It is also worth noting that adopting solar energy will significantly help the government in its efforts to reduce the emission of green house gasses that have been largely associated with the fossil fuels. This is particularly because solar power is a clean energy source that does not produce any green house gases, smoke or other chemical by products. Consequently as a green energy technology, assisting the development of solar energy will also help the United States to be a leader in addressing the issue of climate change and curbing emissions. Lastly solar energy is a decentralized power source that does not need to be transported from one place to the other within the country or internationally and therefore its adoption will bring additional benefits such as reduced pollution due to transport as well as less tear and wear of our roads (Scheer, 67). Generally the role and purpose of the federal government in the development of solar energy include the provision of incentives such as loan guarantees and tax credits, funding researches on solar energy and developing policies that support investment in such renewable energy sources. Wind power Wind power is another

Monday, November 18, 2019

Analytical essay - Homage a rameau Example | Topics and Well Written Essays - 1750 words

Analytical - Homage a rameau - Essay Example r Jean-Philippe Rameau does not copy Rameau, but creates a textural analysis of his work, paying homage to his history, his life, his theories, and his compositional style. Jean-Philippe Rameau was a composer during the Baroque period whose music was marked by a technicality that expressed his desire to reflect music theory in his work. His work, â€Å"Hippolyte et Aricieâ€Å", was considered one of the best operas in the form of the tragedie en musique since the death of Jean-Baptiste Lully. Rameau desired to create new styles within new forms. â€Å"His harmonies were said to be more novel, his rhythms more skillful, his orchestrations more brilliant than Lully’s† (Arvey 101). Rameau In creating his work, Rameau also sought to develop the artistic side of the compositions. He said that â€Å"I try to conceal art by that same art†(Arvey 101). In creating his theory that harmony was derived from a natural sense of sound, he was reaching into the philosophical realm and extracting a way of thinking about music that was elevated above the pragmatism of the mathematical equations of harmony. He wrote with an â€Å"impressionistic palate† (Girdlestone 571) that was dramatic and emotional, however because of his time period, he was unable to break through the binding forms that Client’s diminished the brilliance of his construction. The way in which Rameau devised is theory allowed for the concept of the chord to be defined by the nature of the harmonic development. â€Å"Rameau brought theory into line with practice: realizing that the days of melody were over and much of the expressive power even of counterpoint was due to significant clashes of sound, he began his investigations with the chord given by the vibrating stringâ€Å" and in searching for the place to find that sound, he searched â€Å"in the sound of which can be detected the upper octave, the twelfth, the second octave, the major seventeenth, and higher harmonics† (Girdlestone 519-520). The way in

Friday, November 15, 2019

The Us Containment Policy History Essay

The Us Containment Policy History Essay Power extension has always been a subject that fascinated me. There are countless ways in which groups of individuals can maintain interests of their communities and protect them from possible threats. This phenomenon has been known to the humanity ever since the first human got off the tree and straightened up. The more sophisticated tools we started using, the more dangerous the threat has become. First armies were created, followed up by intelligence services and counter-intelligence services investigating threats both foreign and domestic. By means of diplomacy, diversion, espionage, and violence mighty rulers were trying to guarantee national security by influencing the circumstances on different levels think of Vaticans interference in French politics via Cardinal Richelieu or Charlemagnes orders to execute thousands and convert the others forcefully into Christianity during the Saxon Wars. This concept remained unchanged for centuries and reached its peak in the 20th century, materializing in three terrifying wars of which one is also known as the Cold War. For me as a person interested in power extension is the latter an episode that cannot be overemphasized. For this reason I decided to devote my PWS to it. However, originally intending to write as much as possible about the Cold War and the mutual American and Russian relations precisely, I had to delimit the subject in order to comply with the quantitative requirements laid upon me. By means of a selection I chose the aspect of the Cold War which I found by far the most interesting, namely the basic assumptions of the post-war American politicians of how to prevent the communism from spreading, also known as the containment policy (derived from contain to keep something under control), and the political and military actions of the American Administration in which these communism-countering ideas can be recognized. In my paper, being as a matter of fact a written work of reference based on numerous sources, I will try to answer the question of how successful the containment policy invented and applied by the American policymakers in the years 1945-1949 turned out to be and to what degree it prevented the communism from spreading. Despite the subject concerns a short period of five years there is much to be written. It is never easy when it comes to explaining political decisions and therefore it is highly necessary to mention the underlying grounds, of which the gradual development led to the measures in question. So will my paper begin with the description of the primary reasons resulting in the introduction of the containment policy. Having described the latter I will focus on what I personally consider as the core of my work a summary of deductions concerning the Soviet post-war point of view written down by a high-rank diplomat working in the American Embassy in Moscow. The summary to be found in chapter 3 depicts concisely the direction that was to be given to the American foreign policy in response to the Soviet spreading ambitions. Theory and planning, however, are often not sufficient to bring the expected change. Real action is also required and so it must be addressed to in my paper in order to make the story complete. Chapter 4 will outline the efforts the US policymakers made as far as the application of the containment policy on the European political arena is considered. A careful and critical reader will find amongst lines the answer on how successful the containment proved to be. The chapter also leaves an open path for those who will attempt to imagine what the current world would look like if there were no communism-countering measures or individuals ready to devote their life to protection of democratic values. I find it necessary to mention that I wanted this PWS to be a challenge and some sort of test of my language skills since I am not a native speaker of English and my level of it is far from proficiency. I didnt choose the easiest way out which was writing this paper in Dutch a language I am much more familiar with. Instead I decided to use the opportunity to learn English vocabulary and grammatical constructions which I might not have memorized if I hadnt written it in the way I had. Before you continue reading I truly want you to know that it is not my intention to lay any idealistic beliefs upon you. On the contrary, I hope my paper will help you understand the past, which is after all necessary in order to live consciously in the present and create a future not based on ignorance of not knowing what the events taking place are caused by. Enjoy your journey back in time! Chapter 2: What were the primary reasons for the mutual distrust resulting in the introduction of the containment policy? The first section of this paper will throw some light on the background of the containment policy and, as a matter of fact, The Cold War itself. A proper comprehension of this part is necessary in order to answer the main question. After the very last tanks ceased firing and the Second World War ended, many realized how terribly destructive the war had been. It had materialized in thousands of destroyed cities and generations of young men who lost their lives in combat, not to mention civilians and their continuous fear for their lives. Many of the survivors were looking brightly at the future which was expected to bring about precious peace and prosperity. Unfortunately, only a few were aware of the threat that was about to arise. The Teheran Conference To be fully able to give a constructive answer to the question in the title we have to go back in time to 1943, from November 28 up to December 1 to be precise. The Teheran Summit was the first of the conferences held between all the members of the Big Three, giving shape to those that were about to be held within the next years. Allied leaders representing the United States, the United Kingdom and the Soviet Union pulled together in the Capital of their ally, Iran, to discuss measures that were necessary to overpower the common enemy. Apart from setting up a strategy that included synchronized operations to be undertaken from multiple directions, the Big Three agreed that they shall seek the cooperation and active participation of all nations, large and small, whose peoples in heart and mind are dedicated, as are our own peoples, to the elimination of tyranny and slavery, oppression and intolerance[1]. This encouraging press release was definitely an important sign of taking a step forward into creating some kind of an international organization that would avoid imperfections of its predecessor, The League of Nations. Preventing aggressive tendencies of any sort would be its major goal. Next to the certainty of participation of the Soviet Union, the United States and the United Kingdom in the project the question of any role that China and France should play came up. Odds enough the Chinese politicians had not been informed about the proposed understanding at that point of time as result of their disability to form a stable government. Thanks to the Churchills telegram sent to Roosevelt we can surely as shooting state that the British Head of State was more than willing to ignore his early reluctance concerning China if the American president kept pushing on their engagement. As regard to France, it is believed that Roosevelts strong antipathy towards De Gaulle might have been a factor why Frances involvement was not taken seriously at that point of negotiations. After all, the maintenance of peace by controlling, disarming, preventing from rearming in secret and, if necessary, a blockage against a country and its bombardment seemed to be accepted by each of the Heads of State. A press release saying We await the day, when all nations of the world will live peacefully, free of tyranny, according to their national needs and conscience [1] gave a deceptive impression of a complete cooperation. The question of resetting Polish boundaries, brought up by the Russian delegation (consisting of Joseph Stalin and the Soviet Defence Minister Klimentii Voroshilov), wasnt solved so easily. It was to become one of the most difficult discussion points which would dominate the Yalta Conference and caused first dents in the mutual trust between the Soviet Union and the other two allies. The Yalta Conference The second meeting of all three members of the Great Alliance was announced in January 1945. It became quite obvious that the issue of boundaries couldnt remain unresolved any longer after the Russian forces had entered on Polish soil nearly a year before on January, 2. The necessary solution was hoped to be found, as stated by Churchill, in the worst place in the world [2] Crimean Yalta. It must be mentioned that each of the participants of the summit held between February 4 and 11 was in the first place, quite logically, trying to maintain the interests of their own country. For the sake of this thesis the main bottlenecks connected to prospective mutual relations will be worked out in detail. These three completely different approaches can be summarized as follows: Winston Churchill mainly interested in the European arena and the French role in the occupation of Germany Franklin Delano Roosevelt agreement on the Far East and setting up a sort of organization of united nations Marshall Stalin the Polish question being a matter of great importance for the Soviet Union. Furthermore an interest in becoming a sphere of influence where the Soviet superiority would be accepted. The compromise about the United Nations came more easily than Roosevelt had ever expected. The deadlock on the voting procedure of the United Nations, about the right of veto to be precise, had been overcome and the number of Soviet republics, which were to participate, had been decreased from sixteen to at least two. Stalins postulates narrowed down to the issue of setting the Polish eastern frontiers at the Curzon Line a demarcation line that was proposed at the Paris Peace Conference as the eastern boundary of Poland excluding the city of Lvov with its huge percentage of Polish citizens. [3] The extremely complicated negotiations between the three Heads of State and both Polish governments (one in-exile and the second set up by the Russians) led to the adoption of the controversial Curzon Line. Stalins spreading intentions, except for the plausible argument of necessity to possess one more ice-free harbour, were perfectly described by Marshall Stalin himself to Ernest Evin, the British Foreign Secretary, saying: The United Kingdom had India and the Indian Ocean in her sphere of interest; the United States China and Japan; the USSR had nothing To guarantee the freedom of elections and establishment of democracy according to Western terms, the Big Three ratified the Joint Declaration on Liberated Europe that promised peoples liberated from the domination of Nazi Germany and the peoples of the former Axis satellite states of Europe to solve by democratic means their pressing political and economic problems'[4]. Nevertheless, the declaration above mentioned turned out to be completely meaningless as history has shown. Due to its conditional implementation and lack of binding commitments there was no legal force upon signatories to maintain the agreement. However, no violations of the Yalta agreements by Stalin were suspected at this point of time, as stated by Churchill. The impression I brought back from the Crimea, and from all my other contacts, is that Marshal Stalin and the Soviet leaders wish to live in honourable friendship and equality with the Western democracies. I feel also that their word is their bond. I know of no government which stands to its obligations, even in its own despite, more solidly than the Russian Soviet Government. I decline absolutely to embark here on a discussion about Russian good faith. It is quite evident that these matters touch the whole future of the world. [5] According to Professor Arthur Schlesinger signing the declaration by Stalin was a diplomatic blunder which became obvious just a month after the Big Three gathered in Yalta. The meetings, which were supposed to determine the best Polish democratic leader, eventually proved to be an excellent way for Soviet secret police to reach the prominent members of the former Polish resistance and make them disappear, despite the promised Soviet guarantee of immunity. It didnt take a long time before Churchills initially credulous account of the agreement transformed into the opposite conviction. By 13 March he sent a telegraph to Roosevelt with a statement that the Heads of State were in the presence of a great failure and an utter breakdown of what was settled at Yalta [6]. Twelve days later the British prime minister described the situation on the West-East border as an iron curtain, which is slowly descending. The following quotation illustrates just how dramatically the developments in the European arena were becoming. If the German people lay down their weapons, the Soviets, according to the agreement between Roosevelt, Churchill and Stalin, would occupy all of East and Southeast Europe along with the greater part of the Reich. An iron curtain would fall over this enormous territory controlled by the Soviet Union, behind which nations would be slaughtered.'[7] In the meanwhile the messages exchanged between Stalin and Roosevelt, who were increasingly becoming the two bigger players in the Big Three, were full of mutual accusations of jeopardizing the vulnerable accord. The Potsdam Conference The Polish matter reached a dead end. How things developed couldnt be witnessed by Roosevelt, who died on 12 April 1945. His successor, Harry Truman, once vice-president under Roosevelt, was expected to continue the policy towards the Soviet Union initialized by Roosevelt. However, it became obvious from the beginning that the mild approach, continuously applied by his predecessor, wasnt Trumans favourite style of work. The Potsdam Conference, lasting from July 17 to August 2, aside of being a permanent confirmation of previously made agreements, became Trumans first significant opportunity to influence the US-USSR relationship, mainly because of its nuclear undertone. The US presidents decision not to fully inform Stalin about the rapid progress concerning the construction of an atomic weapon correctly delineates the prospective Trumans policy of hostility and inscrutability towards The Soviet Union. A mentioning of a new weapon of unusual destructive force [8] did not specially bot her Stalin, who was already in 1943 informed about an atomic weapon allegedly built in the West. Russian atomic project did not accelerate until Japan was bombed twice in September 1945. The order, given by Marshal Stalin to Igor Kurchatov, a leading Russian physicist, sounded more or less The balance has been destroyed. Provide the bomb (* No firm evidence of this record has remained until now but the sense of the message is kept unchanged). Chapter 3: What was the containment policy based on? In this paragraph I will briefly describe the major political events that gave shape to what is now understood as the containment policy. President Harry Truman, despite being known of his unyielding personality, lacked experience in foreign affairs and could hardly do without a number of political analysts. These happened to be influenced by the opinions of George F. Kennan (to be seen on the right hand), the prominent USSR specialist in the State Department and the charge daffaires at the American Embassy in Moscow, whose role in the process of the containment policy coming into life cant be over-emphasized. On February 22, 1946 he sent a long analysis of Soviet post-war outlook to his colleagues in the Capitol in Washington. https://blogs.princeton.edu/mudd/files/mt/images/kennan.jpg The so-called Long Telegram, of which the most relevant points are summarized below, became one of the major documents that the containment policy was based on. George F. Kennan [9] A brief characteristic of the Soviet point of view, according to the propaganda machine -The geographical and political surrounding of the USSR by capitalistic nations will eventually result in a battle for the economical leadership in the world, which will be also crucial for the fate of socialism/communism and capitalism. -Any actions, activities and happenings abroad which seem to correspond with the Soviet interests to a certain degree should be supported. In the long run the differences between capitalist countries will become too powerful to be overcome in a peaceful manner. No opportunity may be missed to turn the internal conflict into a communistic revolution. The background of the mentality The premises do not represent the point of view of an average Russian. The ordinary citizen, on the contrary to what is stated by the officials, is more than willing to contact the outside world and live peacefully. It must be kept in mind that the party is the villain The basic assumptions of the Russian propaganda machine pre-date the World War II, which makes it irrelevant and nothing more than incorrect (spoken in terms of 1940s). The premises are as much as necessary for the Russian party in order to deter Soviet citizens coming in contact with technically and economically more advanced West which might prove the fallibility of the communism/socialism. Steps that will be undertaken on the official (diplomatic) level -Increasing the outsiders perception of strength of the Soviet military arsenal and industrial development as much as social cohesion is a significant part of the national policy. On the other hand attempts will be made to conceal imperfections and weaknesses of the system. The efforts to extend Soviet political power will materialize themselves into territorial claims on the official level only after finishing unofficial preparations. Soviet participation in international organizations (as United Nations) serves only the pragmatic purposes of expanding the Soviet political influence on the international arena and reducing operational ability of others. United Nations are not seen as an instrument for a stable and peaceful world society based on interests of all nations. Even on the official level the Soviet Union will attempt to sabotage the relations between Western states and their (former) colonies in order to clear the path for the Soviet participation in policymaking. -Soviet politicians, while being abroad, will be urged to follow the strict diplomatic protocol with emphasis laid on good manners in order to increase the impression of the Soviet prestige. Suspected activities on the unofficial level, i.e. on level for which the Soviet administrations do not take responsibility I feel obliged to remark on the incredible importance of the following section. The contained statements are these that the Truman Administration (and any other following until the end of 1980s) had mostly to deal with. Actions on the unofficial level will be first of all directed to foreign organizations, movements, societies and governments that are regarded as susceptible for, what the party asserted, the Russian sense of nationalism and Marx ideas of equality. The left-wing activists, officially members of Western Labour Parties, were encouraged to work on underground lines and were intensively instructed by politicians in Moscow. A diversity of organizations and associations, such as racial, feministic or religious societies, is highly exposed to penetration. Even the subdivisions of the Orthodox Church located abroad are at risk of being penetrated. George Kennan states that organizations above mentioned will be solely used in fields of their expertise, e.g. influential orthodox activists would jeopardize any thinkable actions of Protestant politicians. Further explanations follow: Increasing industrial and social unrest and stimulation of all possible forms of disunity will result in undermining operational potential of the western states and breaking off the national confidence. In countries forced into colonial relationships outstandingly cruel actions will be undertaken to destroy relatively good relations with (former) mother countries. Simultaneously extreme left-wing parties will be preparing for not necessarily legal taking-over of political power. -Governments obviously not agreeing with the Soviet foreign policy will be kept under pressure in order to cause their eventual removal from office. Every imaginable activity will be undertaken in order to provoke the most powerful Western states against each other. Conclusions for the US Government Soviet power, not schematic in character, doesnt work by strict plans and doesnt take unnecessary hazards. It is extremely responsive to logic or force and therefore it can easily pull back and mostly does when facing a strong opposition. So, quoting Kennan, if the adversary has sufficient force and makes clear his readiness to use it, he rarely has to do so. [9] The next point the author makes has to do with the Western degree of cohesion, firmness and muster. Success of the Soviet Union, as for being the weaker force, depends to some extent on the mentioned factor. Another factor that is relatively easy to deal with is the Soviet propaganda. The destructive and generally negative character of it can be opposed by a sort of intelligent and constructive programmes. In the conclusion the author states that a calm and unprovoked recognition of the hypothetically dangerous movements must be the governments very first step. Furthermore the public education should play a bigger role. The fear of unknown can be overcome by informing the citizens about the Russian reality. After all it would result in improvement of social cohesion and make the society less vulnerable to threats from both outside and inside. Finally Kennan brings up the significance of formulating a constructive and positive picture of the sort of world the US policy makers would like to see. It is not enough to urge people to develop political processes similar to our own. Many foreign peoples, in Europe at least, are tired and frightened by experiences of past, and are less interested in abstract freedom than in security. They are seeking guidance rather than responsibilities. We should be better able than Russians to give them this. And unless we do, Russians certainly will. [10] The reaction of the Russians wasnt immediate. Nearly seven months later, on September the 27, the Soviet Ambassador to United States, Nikolai Novikov, sent a note to the highest officials of the Soviet Union that was nothing but an analysis of the Kennans Long Telegram and the US post-war foreign policy towards the Soviet Union in general. These became accessible for outsiders after the publication in Foreign Affairs magazine of the so-called X Article in July 1947, being as a matter of fact an adjusted version of the original analysis of Kennans. Novikov concluded that the American outlook is predominantly characterized by the drift towards the worlds supremacy and as well economical as military leadership. Amongst others he stated that the plans of establishing more than 480 naval bases, American mainland signalize intense intentions of hostility towards the Soviet Union. By the end of 1946 the political situation between the US and the SU reached its lowest point since the end of the Second World War. Western politicians were little by little abandoning their hope for the cooperation with the Russians and the Kennans prophecy was slowly becoming the reality. How the US officials reacted and what measures they took in order to deter foreign government representatives from embracing communism will be properly described in the following paragraph. Chapter 4: What efforts did the US government make to materialize the containment policy and with what result? The Truman Doctrine The Truman Administration received multiple signals from its British Ally about the gradually increasing difficulties of His Majestys Government to provide on-going financial help to Greece and Turkey the two states the United Kingdom had been supporting for years and which found themselves standing on the edge of a democratic collapse. In an official note dating to February 21, 1947 British informed Washington of their inability to support the mentioned states and requested for a takeover of their economical obligations. Trumans reaction came into history as the Truman Doctrine. In his speech to a joint session of Congress of March 12, he emphasized the moral obligation of the American state to provide assistance to the peoples of Greece and Turkey in order to establish a democracy and restore the authority of the government. In regard to Greece the President stated that the British aid issued in the preceding years wasnt sufficient to supply the weak and not able to operate indepe ndently army and fight communist insurgents dislocating the Greek state. Turkey, on the contrary, didnt need financial assistance so desperately at that point of time. Nevertheless due to a historic background of Greece and Turkey being stubborn rivals for decades it was necessary to split the money equally in order to avoid future claims of injustice or, even worse, anti-Western tensions. Truman concluded that the US Government was the only institution in the world able to prevent Greece and Turkey from becoming what the totalitarian states in the period of the Second World War were regimes of minorities getting their path clear by means of violence and suppression. I find it interesting to mention that the presidential Congress speech is also known as the Trumans containment speech. Clark Clifford (Trumans advisor), asked in 1972 about the nickname, said: we were concerned about preventing Soviet control of larger areas of the world than they already controlled [11]. Although the word containment wasnt even said once by Truman in his speech, the measures supposed by him concentrated on opposing the activities mentioned in the fourth point of Kennans Long Telegram namely the actions of the Soviet party conducted on unofficial level. Greek communist freedom fighters were not powered by Marxs ideals but by Stalins money and military arsenal. As result of it the most of the $338 million sent by the United States to Greece was spent on military equipment. The concept of supporting European nations economically, drafted in March 1947 and perfectly outlined by the President Truman in his Congress speech, was just a momentary restoration programme, which had to prevent Greece and Turkey from falling into the hands of communism. How this financial aid, meant only for the time being, transformed into a long-term supportive programme will be depicted in the following section. Marshall Plan The Marshall Plan, although originally not intended to be a part of the containment policy as stated in the May 23 report of the Policy Planning Staff, became a significant step forward taken by the American Administration, influence and actions of which were gradually becoming more visible on the international political arena. The Policy Planning Staff (PPS), created by George Kennan at the request of the Secretary of State George C. Marshall, was given the task of, taking a long term, strategic view of global trends and framing recommendations for the Secretary of State to advance U.S. interests and American values.'[12] In the context of the European Recovery Program, as the so-called Marshall Plan was officially known, it came down to investigating multiple possibilities of supporting financially the European communities in order to solve their war-caused economical problems and bring them to the level of self-sufficiency. To avoid sceptical publicity criticizing Americans for th eir interventionism in European affairs, aid would be exclusively launched if the formal initiative came from Europe. Besides it was required that the program would evolve on the Old Continent and that its leaders would take the fundamental responsibility for it, while the US would limit themselves to a supportive program of such an undertaking by financial means. Knowing the tensions between the US and the Soviet Union, Kennan and the other members of the PPS didnt want the European Recovery Program (ERP) to be a reason for the further isolation of East from West. Although speculating on Soviet reluctance, the inventors of the Marshall Plan included in their project the participation of the Eastern nations in an early stage. By leaving the door open the American policymakers could verify the Soviet attitude towards the plan, which eventually would give proof of their good or bad faith. Kennan and his co-workers were convinced that this offer would not remain without response, since economical co-operation of Soviet satellite countries with the US would result in weakening of Soviet control in these states. On June 5 1947 the first signals concerning the Marshall Plan were sent out to the outside world. The Harvard speech of Secretary Marshall, being an announcement of conditions and proposals above mentioned, didnt meet much of approvement at the other side of the Iron Curtain. Already after a couple of multipartite conferences the Soviet delegation under wings of Molotov turned down the negotiations. According to the diary notes of Vincent Auriol, the French president at that time, Molotov said amongst other things that the project would divide Europe [13] which testified the bad faith of the Soviet party. The September speech of Soviet deputy foreign minister Andrei Vyshinsky to the United Nations General Assembly was its final confirmation. He stated that the Marshall Plan was a firm violation of the 11 December 1946 resolution of the United Nation, which declared that distribution of economic resources by a state may not be used as an instrument of political pressure. According to Vishinsky the Russian government saw the European Recovery Project as an attempt to put European states in American sphere of influence and to intervene in their internal affairs. In Soviet opinion the plan would result in splitting Europe into two antagonistic blocs, of which the Western one, led by the United States, would develop a certain hostility towards democratically ruled Eastern European countries and the Soviet Union in particular. The splitting up of the Russians gave the American politicians an opportunity to give the aid programme a hoped-for direction. As stated by Michael J. Hogan, an adviser to the US Department of State, the Marshall Plan was about to become a protective measure to counter the Soviet threat and serve as an extension of the containment policy [14]. Â  Unlike Soviet satellite states, which dropped off under pressure of the Soviet Union, the sixteen Western neighbours gathered at a conference in Paris, which lasted from July 12 up to September 22, and was intended to give shape to the financial requests that would be presented to the Americans. Unfortunately due to disunity of the European leaders concerning the final amount that would be asked for and their unwillingness to shift part of political responsibilities to a collectively created international body, which was known as the Committee of European Economic Cooperation (CEEC), Kennan and his Policy Planning Staff did not receive an acceptable report. There are a huge number of details concerning the Marshall Plan being brought to life, which I would like to work out narrowly. Unfortunately I have to limit

Wednesday, November 13, 2019

Daisy Miller :: Henry James, Daisy Miller

  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Daisy Miller is a story related by a young, American man named Winterborne, who lives mostly in Europe. Winterborne meets a lovely young lady named Daisy Miller at a Swiss resort in Vevey. He notices her naivetà ©, having no reservations about talking to strangers. He befriends this young girl very quickly. He would love to introduce her to his aunt, but she thinks that Daisy is common, vulgar, and refuses to meet her. Daisy and her family decide to leave the resort and visit Italy. Several months passe until Daisy speaks to him again. She invited him to Italy. He finds Daisy with an Italian man named Giovanelli. Winterborne notices that Giovanelli is not what he considers a gentleman. After finding Giovanelli and Daisy at the Coliseum late one night, Winterborne thinks of Daisy as â€Å"a young lady whom a gentleman need no be at pains to respect';. Daisy, unfortunately dies of Roman fever a week later. In some messages Daisy sent to Winterborne from her deathb ed, he realizes that she was still a very innocent girl and desired his respect. Winterborne realizes that he has indeed lived â€Å"too long in foreign parts.'; He has been so influenced by conservative European social conventions that he was unable to appreciate Daisy’s free and natural spirit.   Ã‚  Ã‚  Ã‚  Ã‚  The theme of the novel focuses on the harm that is done when an individual is rejected by society for unconventional behavior. Non-conformists are type cast in a negative way and their individuality is devalued. James presents Daisy as the â€Å"free, spontaneous, independent, natural'; (Fogel p.3) American girl who is stereotyped as â€Å"disreputable'; (Fogel p.9) by the highly conventional Europeanized Americans she meets in Vevey and Rome. At the same time, James shows how Daisy’s â€Å"utter disregard for convention prevents her from successfully relating to others'; (Fogel p.9) and leads to her death when she disregards warnings not to go the Coliseum at night.   Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  James conveys the poetic dimension of Daisy Miller by using symbolism in the names of the characters in the novel. Daisy’s name suggests her innocence and freedom. â€Å"Etymologically, daisy means ‘the day’s eye’ suggesting Daisy’s radiance, her fresh ‘morning’ quality, and beautifully fitting into the further symbolism that flowerlike Daisy closes up and then dies after Winterborne cuts her.'; (Fogel p.38) Thrice, Winterborne met Daisy in a garden, a place where flowers grow, once in Vevey and the second time in the Pincian Garden in Rome, and the third, and final time he saw her was at her grave, which was â€Å"beneath the cypresses and the thick spring flowers.

Sunday, November 10, 2019

Hartmann Luggage Case Report Essay

With the analysis we did in class, we made the suggestion of not doing the next promotion. The first thing I did after class was adjusting our model in class from three months moving average to a five months moving average, with data from previous two months, current month, and two months after. With this adjustment, the incremental increased a little, but still, I think it’s not attractive enough when taken other factors, such as cannibalization effects, into consideration. Also, as Katz pointed out, â€Å"the April-May 1978 promotion had been announced on January 1† (page 14), the relative lower January-February 1978 sales level should not be used to forecast March-May 1978 sales without promotions. In fact, I believe it is the announcement of promotion on January 1st that led to the low sales level in January-February 1978. Retailers would order fewer units prior to the promotion but catch up with more units ordered during promotion period. This should also be considered to cut the attractiveness promotion. Other than the data analysis we did in class, there are a few more reasons I don’t recommend Hartmann to have a price promotion in the following year. First, price promotion will damage Hartmann’s brand image. One of Katz’s principles for Hartmann was to â€Å"maintain a prestigious image† (page 2). Since the price promotion itself was not very efficient, why should Hartmann risk its brand image to do it? Second, as Katz said, there are all kinds of different ways to increase total sales, and, based on luggage consumer surveys, price promotion was definitely not the best way for Hartmann to achieve higher sales. From Hartmann’s own survey, durability and style were considered the most important features in selecting luggage (page 5). Although the results itself seems like is a little misleading, since price was not an option on that questionnaire, it actually should be the real case, and this conclusion could be proved from the industry market research in Exhibit 2. In this research result, only â€Å"31% of respondents cited price as the most important criterion in selecting luggage†, while â€Å"21% cited it as the least important criterion†, and only â€Å"26% would ‘wait for sale, then go there to buy’† (page 16). Also, considered the target market for Hartmann, which are â€Å"customers who demanded the highest quality and durability in luggage† (page 1), and its market position as â€Å"most expensive in the industry† (page 1), the demand  of its products was definitely inelastic. With such an inelastic demand, price promotion would never be the best approach to improve sales, especially to improve profit. So what would be a better way for Hartmann to increase sales and profit? The same as the consultants, I would recommend Hartmann to make more advertisements to build wider brand awareness among target consumers (page 14). The reason I makes this recommendation are as follows. Based on the industry research report in Exhibit 2 (page 16), â€Å"48% of respondents believed they would favor a brand of luggage they recognized or had seen advertised†. The percentage for Hartmann’s target consumers might be even higher, because they were pursuing â€Å"the highest quality and durability in luggage† and the probability that they would trust an unknown brand was very low. However, according to Hartmann’s telephone survey (page 5), the overall aided awareness level was pretty low among high income level customers, who were considered as Hartmann’s target customers, and â€Å"only 5% of respondents recalled having seen any Hartmann advertising†. Therefore, building brand awareness among target consumers by increasing advertising should be the best way for Hartmann to increase sales and, more important, not jeopardize either profitability or brand image. Therefore, all reasons listed above, as well as sales data analysis we did in class, point to one identical conclusion that price promotion was not a good choice for Hartmann to achieve sales and earnings objectives. Yet, increasing advertising was a harmless and more effective approach to help Hartmann achieve its objectives.

Friday, November 8, 2019

Free Essays on Bell Hook

In chapter one Feminist Politics (Where We Stand), Bell Hook explore feminism as a â€Å"movement to end sexism† sexual exploitation and oppression. She notes that in her definition of feminism men were not the enemy. It is not that â€Å"sexist thinking and action were the problems.† She suggested that sexism is misunderstood, that most people learn from â€Å"patriarchal Mass Media.† Understanding Feminism is tied to the issue of gender equality. I believe most people although not the majority, were raised to the fact that we share and we often relinquish control somewhat to the domination of the male in western countries. This goes back to our Christian roots and upbringing. Today, there is a major shift toward support of feminism, and the desire for equal rights, equal pay and justice. In Feminist Education for Critical Consciousness, Bell speaks of women learning in groups and how our lives are â€Å"rooted in theory† meaning how we think and act. (pg 19) I believe that either the male patriarchy or feminist thinking dominates much of what we read. The article exposed many bias and the need for a non-biased, open-minded approach to learning. In Our Bodies Ourselves (Reproductive Rights), Bell Hook explored the right of women to have access to healthcare at a time when it was a â€Å"class privilege† for whites and not for women of color. The shamefulness of unwanted pregnancy would force many women into marriage. This action changed their lives causing many to be stuck in unwanted long-term relationships. As the feminist movement grew so did sexual liberation for women. Women were eventually able to get access to basic education, prenatal care, and comprehensive preventive health care. These basis needs would help females to gain better understanding of how their bodies worked giving them more freedom of choice. Bell Hooks also explores birth control pills as paving the right of passage to sexual liberation.... Free Essays on Bell Hook Free Essays on Bell Hook In chapter one Feminist Politics (Where We Stand), Bell Hook explore feminism as a â€Å"movement to end sexism† sexual exploitation and oppression. She notes that in her definition of feminism men were not the enemy. It is not that â€Å"sexist thinking and action were the problems.† She suggested that sexism is misunderstood, that most people learn from â€Å"patriarchal Mass Media.† Understanding Feminism is tied to the issue of gender equality. I believe most people although not the majority, were raised to the fact that we share and we often relinquish control somewhat to the domination of the male in western countries. This goes back to our Christian roots and upbringing. Today, there is a major shift toward support of feminism, and the desire for equal rights, equal pay and justice. In Feminist Education for Critical Consciousness, Bell speaks of women learning in groups and how our lives are â€Å"rooted in theory† meaning how we think and act. (pg 19) I believe that either the male patriarchy or feminist thinking dominates much of what we read. The article exposed many bias and the need for a non-biased, open-minded approach to learning. In Our Bodies Ourselves (Reproductive Rights), Bell Hook explored the right of women to have access to healthcare at a time when it was a â€Å"class privilege† for whites and not for women of color. The shamefulness of unwanted pregnancy would force many women into marriage. This action changed their lives causing many to be stuck in unwanted long-term relationships. As the feminist movement grew so did sexual liberation for women. Women were eventually able to get access to basic education, prenatal care, and comprehensive preventive health care. These basis needs would help females to gain better understanding of how their bodies worked giving them more freedom of choice. Bell Hooks also explores birth control pills as paving the right of passage to sexual liberation....

Wednesday, November 6, 2019

SAT Admission Ticket What It Is, How to Print It Out, and What to Do if You Lose It

SAT Admission Ticket What It Is, How to Print It Out, and What to Do if You Lose It SAT / ACT Prep Online Guides and Tips If you’ve signed up for the SAT, you’ve probably heard that you need an SAT admission ticket to get in on test day. The College Board makes a big deal about these tickets, and it can be stressful to figure out how to input all your information, get the right picture, and find a way to print the ticket. Don’t worry! This guide will walk you through exactly what the admission ticket is, how to print it out, and what to do if you lose it. What Is the SAT Admission Ticket? The admission ticket is your proof that you are registered to take the SAT. You must have it to be admitted to the testing center on test day.It also has helpful information about your testing center (for you) and any accommodations you might need (for your proctor). I've included my SAT admission ticket below, so you can see what one looks like. Let's go through the key sections- I numbered them above. Your photo: it's a picture of you! The College Board requires this to help discourage cheating. There's lots more info about how to pick a good photo below. Your personal information: This section contains info like your address and your birth date. Make sure it's all correct well in advance of your test date. Test day info: This section has information about when and where you're testing and which test you're taking (the SAT, the SAT with Essay, or the SAT Subject Tests). Notes for students: This section includes special instructions for what to do when you get to the test center. For example, at my testing center, I had to pay a dollar to park and got my room assignment at building FF. (Despite the instructions, I hit a few snags, so remember to leave yourself plenty of time no matter how prepared you are.) Supervisor instructions:This section includes any extra info your proctor might need. For most students, it's blank, but if you do have special accommodations of some kind, politely remindyour proctor when you arrive. Why Do You Need an SAT Admission Ticket? Essentially, the admission ticket is meant to prove you are who you say you are. In its current form, the ticket is a reaction to issues the College Board has had with cheating: students would have someone else register in their name and take the test for them. Make sure to bring your SAT ticketwith you on the day of the test or you won’t be allowed in. How Do You Get an SAT Admission Ticket? As you might have gathered, in order to get an admission ticket you must register for the SAT. If you haven’t already done so, you can find step-by-step instructions here. During that process, there are two key steps that you'll need to complete to get your SAT ticket. How to Pick a Photo During that process, you’ll be asked to provide a photo for your ticket. This can seem daunting, because the College Board has a lot of rules for what kind of photo you can use. There’s no need to panic, however. The key points are that it needs to be a photo of you that is just your head and shoulders and is well-lit enough that you’re easily recognizable. If you have a .jpg version of your school photo, you can use that. Another good option is using a webcam to just snap a photo right with your computer. Otherwise, get a friend or family member to help you take a headshot with a phone or digital camera. How to Print Your SAT Admission Ticket When you’re done with registration, a screen will come up with your SAT Admission Ticket. Make sure all the information is correct and then print out. It can be in color or in black and white- as long as all of the information, including your photo, is clearly visible. If you prefer, you canwait to print the ticket out later. You can access it anytime through your College Board account. Print your ticket out in advance so you don't have to worry if the printer decides not to work. But What Should You Do If... ...You Lose Your Admission Ticket? If you misplace your ticket, don’t panic! It's easy to reprint a lost SAT admission ticket. Just go to the College Board website and sign in. Click on the link for â€Å"Print My Admission Ticket† and reprint. ...You Realize the Information on the Ticket is Incorrect? Again, this problem is easily fixed by logging into â€Å"My SAT.† You can edit your personal information at any time, up until the Monday before the test date. Remember to reprint the ticket once you’ve made your changes to ensure that it matches the information that the College Board has on file. ...You Get to the Test Center and Realize You Don't Have Your Ticket? The proctors will not let you take the test without your ticket, so if you don't have it you'll be in a bad spot. However, you can try having a friend or family member bring it to you if they live nearby. It’s better to avoid this situation all together, so make sure you have everything you need for the test together in one place the night before. If you’re prone to losing things (or just very paranoid), you can also try: making a backup copy and putting it in the car. taping the ticket and your ID to your calculator. Having a system will make you more likely to remember everything you need on the day of the test. Key Facts to Remember About Your SAT Admission Ticket Let's review the important points you need to keep in mind: You must have your admission ticket to get into the test center on the day of the SAT. Your picture must be recognizable as you. Make sure to print your ticket out at least the night before so you know you have it. You can print your SAT admission ticket at any time by logging into â€Å"My SAT.† If you have any other questions about the SAT ticket, just post them in the comments! More Suggested Reading If you're uncertain about the registration process, check out our step-by-step walkthrough of the process (with pictures) and our guides to when to test, how much the SAT costs, how to cancel your registration, and whether you should send the four free score reports. If, on the other hand, your test date is right around the corner, read up on these last minute test day tips that will help you reach your ideal SAT score. Finally, consider taking a look at some of our SAT prep materials. We have great guides for all three sections, including general strategies, study tips, and in depth skill reviews(there are links to each section on the right). Try starting with our guide to the 5 tips that you must use, which will get you thinking about the test in the right way. Want to improve your SAT score by 160points?We've written a guide about the top 5 strategies you must be using to have a shot at improving your score. Download it for free now:

Monday, November 4, 2019

Global Trends Impact in China Essay Example | Topics and Well Written Essays - 750 words

Global Trends Impact in China - Essay Example Even though, the immense popularity gained by the ‘China Bashing’ in the global media, there is very little existing analytical work on the overall economic impact of China. The size of China is a key issue which is very debatable. The economic size is an ambitious thing to quantify. â€Å"It is well known that market exchange rates do not properly weight differences in living costs, may fluctuate by large amounts, and may be subject to manipulation by governments† (Robertson, 2) The GDP of China according to the exchange rates is half the size of the United States. Therefore, if looking closely, China has awfully large range of 50% to 125% of the GDP of the United States. â€Å"China is projected to be the largest economic power with almost a fifth of world gross domestic product (GDP), and India will continue to rise. The two Asian giants will have by far the biggest middle classes in the world (23 and 18 per cent of global middle class consumption in 2030, respectively).† (Global trends and Chinas future|Comment|chinadaily.com.cn) Due to the introduction of the economic reforms, there had been a boost and the economy of China gradually grew faster than the pre reform period. From 1953 to 1978, real annual GDP was estimated at 6.7% according to the Chinese government. Economist Agnus Maddison estimated China’s average annual real GDP during this period at 4.4%. However during the leadership of Mao Zedong (Chairman), the China economy faced economic downfalls. China was able to double the size of its economy since 1979 as its average real GDP increased to 10%. â€Å"The global economic slowdown, which began in 2008, impacted the Chinese economy. China’s real GDP growth fell from 14.2% in 2007 to 9.6% in 2008, and slowed to 9.2% in 2009. In response, the Chinese government implemented a large economic stimulus package and an expansive monetary policy.† (Morrison, 3) Due to these actions and measures taken, the domestic saving and consumption boosted and

Friday, November 1, 2019

How Far Garlands Theories Can Be Applied in the Contemporary Criminal Research Paper

How Far Garlands Theories Can Be Applied in the Contemporary Criminal Context - Research Paper Example The objective of the paper is to assess how far Garland’s theories can be applied in the contemporary criminal context, specifically in sentencing. At the outset, the essay will describe the two responses, i.e, adaptation and denial, proposed by Garland. Two newspaper articles dealing with Government reforms on sentencing guidelines will be assessed to determine whether they are examples of adaptation or denial. Contextual factors that lead to such a response will also be analyzed so that the extent of applicability of Garland’s views can be determined. According to Garland, in earlier years, the criminal justice system had assumed a hybrid penal welfare structure, combining due process and proportionate punishment with a decisive thrust in the correctional direction, favoring rehabilitation, welfare and criminological expertise. (Garland, 2001: 27). Developments in correctional policies demonstrated a commitment to community-based solutions, with a focus on the rehabilitation of offenders and the tailoring of individual penal sentences framed in accordance with the characteristics and needs of the offenders. This approach exemplifies a pragmatic and adaptive Government response to crime, characterized by (a) the State role as a facilitator rather than controller of criminal policy (b) focus on the consequences rather than causes of crime (c) participation of non-State actors in prevention of crime (d) viewing crime prospectively, i.e, institution of crime prevention measures (Garland, 1996).

Wednesday, October 30, 2019

Leadership Essay Example | Topics and Well Written Essays - 1500 words

Leadership - Essay Example The Executive Maturity model is based on the idea that the leader should be able to respond effectively to the needs of others under pressure (Trathen 2007). The above model incorporates two key phases: in the first phase, the leader needs ‘to be aware of his own feelings, thoughts and values’ (Trathen 2007, p.71). In the second phase, the leader has ‘to manage the emotional needs of others’ (Trathen 2007, p.71), keeping a balance. On the other hand, Alexander (2008) notes that the key characteristic of a successful leader would be his ability to ‘handle crises and mitigate effects’ (Alexander 2008, p.34). Cooper (2010) notes that the identification of a leader’s competencies is necessary before trying to improve the leader’s effectiveness. After reviewing my leadership strengths and weaknesses, as presented in the previous section, I would come to the following conclusion: I should emphasize more on decreasing the time I need for managing complex tasks, so that I would become more efficient in a range of projects; I should continue focusing on details but I would try to limit the time spent on issues of secondary importance. The Executive Maturity model would help me to change my leadership style, setting appropriate priorities and increasing collaboration. Question 2 Are leaders born or made? Each leader has unique characteristics, even if the particular fact is not clear. Indeed, the leadership style is closely related to the personality of each individual and from this point of view it would be quite difficult to identify two leaders that would respond exactly the same to a series of critical events. Yuki (1988) have noted that ‘leadership effectiveness varies across situations’ (Yuki 1988, cited in... The researcher of this essay discusses the topic of leadership that today is a concept that can incorporate a high range of characteristics. Observing several responses to various challenges, the researcher could identify the strengths and weaknesses of several leaders. Referring to his own leadership strengths and weaknesses, the researcher would highlight the following issues: "I am committed to my studies, trying to respond to all the demands of my position. I have always tried to examine thoroughly the requirements of every task assigned to me, focusing on details. In case of mistakes or failures I’ve been able to respond immediately, suggesting appropriate plans of action. On the other hand, I have often failed in identifying early the risks related to a particular task.". Then , the researcher states that The Executive Maturity model would help him to change his leadership style, setting appropriate priorities and increasing collaboration. On the discussion of the second question "Are leaders born or made?", the researcher states that from his point of view, leadership is both inherited and learned, a view aligned with the view of Larkin. Then, the researcher discusses the differences between leadership & management. In summary, it could be stated that leadership focuses on establishing and promoting the practices that will enhance the performance of organization. Management aims to ensure that employees will follow the guidelines of the leader so that the targets set are achieved.

Monday, October 28, 2019

Capital One Case Study Essay Example for Free

Capital One Case Study Essay †¢ What is a case interview? The Case Interview †¢ What specific skills does it assess? †¢ How to prepare for a case interview? †¢ An interactive example. What is a â€Å"Case Interview† anyway? The Case Interview Simulation of a business problem. Similar to what our associates encounter every day. Series of open-ended questions. They’re designed to stimulate your conceptual, quantitative, analytical and – most importantly – creative abilities. The Case Interview There are several types of cases. Each is designed to assess different skills. Classic Case The Case Interview †¢ Should an organization add capacity? †¢ How should an organization react to a new competitor? †¢ Should an organization enter/exit a new/old market? Measures †¢ Your broad functional skills †¢ Your big-picture perspective †¢ Your comfort with detail and analysis Special Case The Case Interview †¢ Why are manhole covers round? †¢ What’s the estimated weight of a Boeing 747? †¢ What will interest rates do next? Measures †¢ Your comfort with ambiguous challenges †¢ Your level of creativity The Case Interview What are we looking for? †¢ Logical skills †¢ Analytical/reasoning skills †¢ Conceptual problem-solving abilities †¢ Critical path thinking †¢ Flexibility What do we mean by†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. . The Case Interview Problem-solving ability? Can you identify the key issues of the case while accurately and methodically reaching the solution? Critical path thinking? Can you use the clues that build on each other while staying on track and focusing on what’s relevant? Flexibility? . Can you adapt your answers to a changing situation? The Case Interview What do you need to bring? Your logical business sense The Case Interview †¢ How do decreasing marginal costs affect profitability? †¢ What effect will fixed costs have on the result? Your mathematical aptitude From basic mathematics to†¦. †¢ Algebra †¢ Probability †¢ Weighted averages †¢ Unit conversion Your strategic interpretation skills The Case Interview Can you†¦Ã¢â‚¬ ¦ †¢ Interpret your answer’s impact? †¢ Assess alternatives? †¢ Keep a grasp on the â€Å"big picture† as well as the minor details? Your presentation skills Can you†¦Ã¢â‚¬ ¦. †¢ Clearly state your thoughts and synthesize information? †¢ Explain how your answer changes in the face of changing variables? †¢ Defend your answer? The Case Interview Be prepared! Let’s work through a case together. Background Information The Case Interview †¢ You are a manager at a company that markets various products and services and that is looking to diversify †¢ You receive some information indicating magazine publishing may be interesting †¢ You are considering developing a new magazine but are not sure how profitable it might be What are some of the issues you must consider when evaluating the magazine business? Things to consider The Case Interview †¢ Defining the target market †¢ Competition – # of competitors, fragmentation, brand name †¢ †¢ †¢ †¢ †¢ Build off of core competencies Barriers to entry Business cycle stage Method of measuring viability Opportunity cost Our next step is to understand the economics of the business. What are the profit drivers in the magazine publishing business? The Case Interview Main profit drivers of the publishing business include †¦ Revenue Sources †¢ Subscriptions †¢ Newsstand sales †¢ Advertising †¢ Customer lists †¢ Internet Costs †¢ Printing †¢ Distribution †¢ Content Development †¢ Marketing/promotions The Case Interview Through some initial research you have been able to determine the following †¦ †¢ You can charge  £25 for an annual subscription of 50 issues †¢ You can generate  £1 in advertising revenue per issue for each subscription †¢ Printing and distribution costs are  £1 per copy per issue †¢ Content development costs run  £1 million per year †¢ Let’s ignore newsstand sales for now †¢ Let’s ignore marketing expenses for now How much profit will you  generate a year from one incremental subscription? Let’s figure it out together†¦Ã¢â‚¬ ¦. The Case Interview Subscription revenue per year =  £25 Advertising revenue per year =  £50  £1/issue x 50 issues Yearly production and distribution costs =  £50 Profit from one incremental subscription =  £25  £25 +  £50  £50 How many subscriptions would we need to sell in order to breakeven on this venture? The Case Interview How many subscriptions do we need to sell to break even? Profit (contribution margin) =  £25 per subscription Magazine content development =  £1 million per year Breakeven =  £1 million/ £25 = 40,000 subscriptions Given you need 40,000 subscriptions to breakeven, do you move forward? What about marketing costs? The Case Interview Your company has expertise in direct mail solicitation so you decide to use that method to market your new magazine. Each piece of mail costs  £0.50. You are able to achieve a 2% response rate. How much does it cost you to sign up a subscriber? Cost per subscriber calculation The Case Interview Cost of mailing/response rate = Cost to sign up one subscriber  £0.50/2% =  £25 per subscriber Another way to calculate cost per subscriber: Assume you mail offer to 100 people Costs =  £50 ( £0.50 x 100 people) Responders = 2 (2% of 100) Cost per responder =  £50/2 or  £25 How will this affect your breakeven calculation? New break even calculation The Case Interview Old contribution margin Marketing costs New contribution margin New contribution margin =  £25  £25 =  £0 Ouch! What can we do to make this venture better? Some possible considerations: The Case Interview †¢ Raise subscription prices †¢ Raise advertising rates †¢ Reduce production costs †¢ Increase response rate †¢ Make each response matter more – Consider renewals and multi-year subscriptions The Case Interview Renewals look like an obvious avenue to explore†¦ †¢ In the best case scenario, zero cost to acquire with no drop in revenues How might you encourage renewels? Some possible options: The Case Interview †¢ Price promotion †¢ Competitions †¢ Marketing †¢ Free gifts The Case Interview Some market testing gives you 2 possible options 1) Do nothing: †¢ 50% of existing subscribers will renew each year 2) Offer a free second year subscription †¢ 75% of existing subscribers will renew each year

Saturday, October 26, 2019

Nursing School Admission Essay -- College Admissions Essays

Nursing School Admission Essay    My interest in nursing began at age 18 at Bridgeport Hospital in Connecticut where I was trained as a Certified Care Partner, then as a Phlebotomist, followed by a two year surgical floor assignment and a one year burn unit stint. When I moved to New Hampshire, I worked full time at Plymouth State College and took night courses towards a BSN for one and a half years. I postponed my education for eight years while I was a wife and mother. After divorcing, I returned to P.S.C. to continue taking courses leading towards a BSN to help support my children and myself in a career that allows me to contribute to my community. Currently, I am attending Claremont School of Nursing full time, working towards completing an Associate RN Degree. I chose nursing as a career because I found the work challenging, exciting and rewarding. I feel my skills and attributes are well suited for nursing. My ability to sta... ...reas, I hope to find employment at one of the nearby ski resorts. Others options I am considering include working as a member of the D.A.R.T. Trauma Team in Hanover, or as a part of the trauma teams at one of the two local hospitals. I am totally committed to working in the field of trauma nursing. I believe this is where my talents are best suited, as well as the area of nursing in which I can reach my full potential, and make the greatest service contribution.