Tuesday, August 6, 2019
The issue of ecology Essay Example for Free
The issue of ecology Essay The issue of ecology as a transnational issue has become highlighted with the intensification of world trade. As such, it becomes a global responsibility and a consideration in developing trade policies. As the primary governing body of international trade, the World Trade Organization (WTO) has been one of the pioneers in equating environmental responsibility with trade (Deal, 2002). At the same time there, has been regional efforts to standardize environmental laws to mitigate the impact of development in shared environs as illustrated by the efforts of the European Union (EU), North Atlantic Free Trade Agreement (NAFTA) and the Association of South East Asian Nations (ASEAN) (Sampson, 1998). One of the efforts made by the WTO is the development of the Kyoto Protocol which is aiming to mitigate environmental issue particularly global warming by establishing a trade system for emissions. However, there has been a difficulty in the implementation of the regulation because of varying views on the policies as well as difficulty in monitoring emissions. At the same time, there have been some issues regarding the institution of multilateral agreements that are contradicting or undermining the Kyoto Protocol or the status of most favored nations (MFN) (Brewer, 2004). Focus For WTO members, the use of energy tax adjustments could have significant implications. The issue raises difficult environmental, trade policy issues, economic issues. It also raise the internalization of environmental costs and the ââ¬Å"polluter paysâ⬠principle, the effects on trade competitiveness and relationship between the multilateral environmental agreements and WTO agreements. The main issue that whether Article III: 2 first provisions of the 1994 GATT or the General Agreement of Tariffs and Trade ponders the use of border tax adjustment (BTA) on ââ¬Å"finalâ⬠products for taxes on the manufacture of inputs. Albeit the decision in Superfund case, discussed in the latter of this section, the question will turn on a proper analysis of the taxes ââ¬Å"applied, directly or indirectly, to ââ¬Å"the like products to be compared, as opposed to the overall ââ¬Å"fiscal burdenâ⬠on producers from taxes on inputs. The Kyoto Protocol and the General Agreement of Tariffs and Trade In December 1997, the Kyoto Protocol to the UN Framework Convention was adopted. Under Kyoto Protocol, only Annex 1 countries are subject to legally binding emissions reduction commitments for the commitment period 2008-2012 in post-2000 scenario. Annex 1 parties or developed countries have to meet individual emission reduction targets listed in Annex B of the Protocol. Developing countries or non-Annex 1 parties are not subject to specific emission reduction commitments. Though over 120 countries have ratified the Protocol but the Protocol has yet to come into force. U. S. A and other developed countries have to date indicated an intention not to ratify the Protocol. Another contention is with regards to Article 1, II, VI and VII of the GATT and their potential implication with border tax adjustments. Further, energy tax adjustments may be challengeable under Article XXIII: 1 [b] of 1994. Finally, Panel approach to WTO-consistency will be governed by the reasonableness of the specific measure and its appreciation of the wider international implications. Energy tax adjustments as per Article III: 2 first sentences could offer potentially broad scope for countries to apply energy tax adjustments as disguised barriers to trade. Such results would do little to serve the objectives of either the WTO multilateral trading system or the international response to climatic change. Border Tax Adjustment Border Tax Adjustment [BTA] is a tax levied on imported products to adjust or compensate for taxes levied on domestic product. The main goal of BTA is to ensure trade neutrality of domestic taxation and thereby safeguarding competitive equality between imported and domestic goods. BTA is not necessarily levied at the border and imports may be taxed at the point of sale or consumption. Sales tax, consumption taxes or excise duties, value added taxes are examples of domestic taxes that might be subject to BTA. Likewise, a BTA on imported energy products such as imported natural gas or diesel fuel and other fossil fuels for domestic excise duties would fall within this group. Though the taxes on energy have been levied by governments for fiscal purpose for long time, now there has been a change in trend to levy ââ¬Å"energy taxâ⬠mainly for ââ¬Å"environmentalâ⬠purpose. Energy tax is being levied on energy inputs such as coal ,electricity or gasoline which in turn calculated in value terms , or on the basis of its content of carbon of fossil fuels which is also known as ââ¬Å"carbon taxesâ⬠. As of now, there exists no border tax adjustment scheme in place for taxes on energy inputs employed in the production of final products. However, European and other high energy taxing governments are contemplating to introduce such measures in near future due to the pressure exerted by environmental and industry groups. But there are increasing pressures from environmental groups to enforce strictly trade measures to enforce Kyoto Protocol objectives against non-signatories like United States. These environment groups regard the U. S. rejection of the Kyoto protocol is unfair as it places the European business at a disadvantage. They argue that Europe has the right to penalize the U. S goods for the pollution they cause under ââ¬Å"Polluters pay ââ¬Å"policy. Cases for Consideration A BTA can be applied on final goods or on inputs used in the production process. An example is the border tax adjustment on imports of aluminumââ¬â¢s for taxes on energy used in the production process as taxes are being levied on embodied energy in the final good that are adjusted, as opposed to taxes on the final goods itself. These measures are regarded as contentious with linkage to WTO trade and environmental debate. Albeit the Appellate bodyââ¬â¢s findings in the United States ââ¬â Shrimp dispute, the exercise of trade measures applied on the basis of process and production methods (PPM) ââ¬â in this case embodied taxes, carbon or energy ââ¬âremains highly contentious. BTA for domestic taxes on energy inputs also raise significant equity and sovereignty concerns on the use of trade measures to inflict domestic environmental or taxation systems on other countries. Super Fund The case is against levy of superfund tax by U. S. A on petrochemicals and other chemicals and inputs when imported and sold in U. S and no tax is levied when it is exported out of U. S. U. S claimed that the aim of the tax was to compensate the cleaning up cost of hazardous waste sites and towards public health programs. When an importer fails to provide the details of input which he imported, then a penalty tax rate of 5 % was imposed. The GATT panel ruled that the tax on imported substance was a tax ââ¬Ëdirectly imposed on productsââ¬â¢ and hence eligible for border tax adjustments. The panel held the US super tax would be consistent with the Article III: 2 first sentence as long as it is equivalent to tax borne by the like domestic substances. The U. S direction to provide the information of inputs may make such information available to trade competitors and would have a real effect in discouraging trade. In this case, it appeared that neither the GATT Panel nor the parties sought to distinguish between the tax applied to the imported products, the like domestic products or the chemical products used in the production of the like domestic products. The Panel seemed to accept the US argument that the imported product and that the like domestic product was subject to the same ââ¬Å"fiscal burdenâ⬠.
Monday, August 5, 2019
Developing Learning Spaces in University
Developing Learning Spaces in University Science Learning Spaces and Transition into First Year Bachelor of Science Significant investment has been made in the past ten years in universities and schools in regard to learning spaces and engagement and retention of students as well as preparing students for the world of work outside of the education system. A learning space is one where the teacher and student engage in learning, where a task is realised and the ability to adopt new ways of seeing the world are understood. Research looking at learning spaces and the interaction between architecture and education, show that there is a disconnect between the designing of the learning space and those that teach in the learning space. Student feedback on the success of the learning space is not often considered or is the transition of the students from a school learning space environment to a university/tertiary learning space environment. Learning spaces have many different contexts school spaces, university spaces, virtual spaces, however the area of interest for this study is the transition of students from an innovative learning space in a secondary school environment to an innovative space in a tertiary environment. When researching and gathering information, the premise is that space (natural and built environments) shapes practices and outcomes in teaching and learning, in particular with students moving from secondary to tertiary environments. According to Oblinger (2006), the relationship and social practices that make up learning spaces are only one aspect of the complex relationships of teaching that inform learning outcomes. However, a learning space can improve conditions and mediate relationships that improve student learning along with the physical, mental and cognitive indicators (Oblinger 2006). The use and effect of learning spaces, particularly physical learning spaces are often related pedagogicall y and organisationally to changes in use and demands in any point of time. Arnot and Reay (2007) discuss an example any one particular space could be used for individual pathway planning, team teaching, personalised learning, teamwork, problem solving, community based learning, which can all be done in open multipurpose learning spaces that link the education to the real world environment. Bruckner (1997) and Nespor (2004) state that temporality is a key factor in how organisations, teachers and students respond to new learning spaces over time. Souter, Riddle, Keppell, Sellers (2010) suggest that innovative learning spaces such as the purpose built spaces that universities are investing in today, should support a constructivist approach to learning and support student centred learning that is collaborative and experiential. Often spaces are built for design without considering the learning and comfort of the students, as well as the success and retention of students in a particular program. Designing built environments on sound pedagogical and architectural principles that are appropriate to community needs provides new opportunities for academics to create new partnerships and new pedagogical possibilities (Blackmore et al, 2011). However, Elmore (2007) indicates that this means focusing on the purpose and rational for change which include teaching and learning practices to support the learning environment and student needs. Currently there is a lot of research looking at the transition of students from secondary to univer sity (Johnson, Johnson, Farenga Ness (2005); Sleeter 2008; Zeichner 2008, 2010) however the area of research looking at the use of traditional pedagogy and learning spaces at university show that there is a need for change (Zeichner 2010). The DEECD authorised The Connections between Learning Spaces and Learning Outcomes: A Literature Review (Blackmore et al. 2010) which concluded that while the investment of building new spaces has been based on sound architectural and educational principals, there was little evidence that showed the connectedness to improved student learning, and how the spaces were used by teachers, students and communities pedagogically, as well as what effect they had on different student social groups. The question then is how does community and governance in higher education relate to learning, teaching and space? Temple (2008) suggests that this is an under researched area and one that may have significance in retention and enjoyment of students at university. Often what universities and architects think people think about their buildings is unsupported when university staff members and students are actually asked (Temple 2008). Student-centred approach to university design often focus on issue s of pedagogy and the curriculum rather than the physical environment (Temple 2008). Some writers have noted that teaching and learning should drive design, rather than visa versa (Jamieson et al. 2000; Jamieson 2003). Guiding principal for new learning spaces secondary and tertiary. Case Studies New Chem labs, physics learning space and GCF and Education Perspectives on learning spaces and pedagogical needs. Learning spaces and pedagogy Retention and Attrition of students in tertiary education Pat Sanders Brighton Grammar Science lab, thorough case study Scotch College science labs Comparative analysis of planning between case studies planning, methodology and outcome References Arnot, M. and D. Reay (2007). A Sociology of Pedagogic Voice: Power, inequality and pupil consultation. Discourse: Studies in the Cultural Politics of Education 28(3): 311-325. Bruckner, M. (1997). Eavesdropping on Change: Listening to Teachers During the First Year of an Extended Block Schedule. NASSP Bulletin 81(593): 42-52. More and more high schools are moving to a block scheduling arrangement, which results in longer and fewer classes each day. Changes in teaching strategies are essential to the success of such programs, for without significant revisions in classroom time use, block scheduling results in lengthy lectures or multiple lessons forged together, sometimes without logic. Nespor, J. (2004). Educational scale-making. Pedagogy, Culture Society 12(3): 309 326. The article explores the complexities of educational scalemaking. Educational scales are defined as the spatial and temporal orders generated as pupils and teachers move and are moved through educational systems; scales are envelopes of spacetime into which certain schoolbased identities (and not others) can be folded. Scale is thus both an object and a means of power in educational practice. Using data from life history interviews with an elementary teacher in the USA, the article illustrates the multiplicity of scale-making processes, and raises the question of how certain scale definitions become more widely accepted and authoritative than others. Oblinger, D. (2006). Learning Spaces. D. Oblinger, Educause. Space, whether physical or virtual, can have a significant impact on learning. Learning Spaces focuses on how learner expectations influence such spaces, the principles and activities that facilitate learning, and the role of technology from the perspective of those who create learning environments: faculty, learning technologists, librarians, and administrators. Information technology has brought unique capabilities to learning spaces, whether stimulating greater interaction through the use of collaborative tools, videoconferencing with international experts, or opening virtual worlds for exploration. This e-book represents an ongoing exploration as we bring together space, technology, and pedagogy to ensure learner success.
Sunday, August 4, 2019
Social Networking: A Modern Day Freak Show Essay -- Social Networking
The carnival grotesque, with its freak shows and abnormal humans, was very popular and controversial back in the late 18th to early 19th century, by then it had matured into a distinct form of entertainment. In the 21st century, has the concept become dated? Has the freak show been revealed for the mistreatment and subjugation of many poor human beings? We live in times where many things that were once discriminated are now accepted and many kinds of people recognized as members of society and although there are instances that would challenge that notion, it is only a minority. This represents the progress mankind has made to understand one another. But has the idea of the freak show been abandoned with this new period? It is unfortunate to say that is not the case. In fact if anything it has only intensified with the advancement of society, particularly relating with technology and social networking. Social networking is the spectacle and barker in this relationship of the freak sho w to modern times. It is because of social networking, that we can see examples of the freak show displayed in our daily lives. I want to explore this further, explaining in greater detail how the freak show and the carnival grotesque have advanced with society as everything else and in fact plays on these advancements to contribute to the spectacle of the freak show and grotesque. Of course, technology is how we advance in society. In advancement, we take on new cultures and let us abandoned many uncivilized ideas. Social media sites like Facebook or Twitter are examples of how we have advanced in talking with more people and social networking. With that, people argue that it has led to ââ¬Å"more communication and not lessâ⬠(Observer) and makes sociali... ... 16 Nov. 2015. . Marche, Stephen. "Is Facebook Making Us Lonely?." Atlantic. n. page. Web. 16 Nov. 2015. . Marynell Maloney Law Firm, . "Is Facebook Turning You Into A Monster." EmilyVento. Blogger, 22 Mar 2012. Web. 16 Nov. 2015. . Mean Comments. 2010. Photograph. Mean CommentsWeb. 17 Dec 2013. . Nyoung, . "freak shows for our times." Western Morning News. (2007): n. page. Print. The Observer, . "Social networking under fresh attack as tide of cyber-scepticism sweeps US." Guardian. (2011): n. page. Web. 17 Nov. 2015. .
Saturday, August 3, 2019
The Perpetuation of Negative Images of African Americans through Mass M
The Perpetuation of Negative Images of African Americans through Mass Media Works Cited Not Included Why as white people have we been lulled into thinking its safe to be around other white people. Why have we been taught since birth that itââ¬â¢s the people of that other color we need to fear? Theyââ¬â¢re the ones that will slit your throat (Moore 57). The mass media has played and will continue to play a crucial role in the way white Americans perceive African-Americans. As a result of the overwhelming media focus on crime, drug use, gang violence, and other forms of anti-social behavior among African-Americans, the media is fostering a distorted public perception of African-Americans. Looking at past examples of African Americans treatment in the media, one can see that the media has become the main perpetrator through which oppression, discrimination and the treatment of African Americans as second class citizens is carried out. As a result of this media bias, white America has suffered from a deep uncertainty as to who African-Americans really are. The media stereotype of bad guys wearing black or that anything that is black is evil has been fostered for decades. Looking at one of the oldest sources in the media (the dictionary) you clearly see racist overtones in the definitions of any words starting with black or white. Black is defined as opposite to white, African American, soiled or stained, and evil or wicked just to name a few of the definitions (Webster 68). I believe this not only fosters a subconscious negative view of African Americans, but also makes many white people think they are some how better than blacks. The defense put on by the four white Los Angeles police officers accused of beating Rodney King in 1991, and the recent case in Ohio, are very telling of this. They claimed that they were scared and felt they might have been attacked or even killed (88). This is a legitimate excuse in a w hite American society that perpetuates negative images of African Americans. Whites have come to believe that their life is in danger every time theyââ¬â¢re confronted with a black person and that some how their life is worth more than a black personââ¬â¢s life. Their fear and their bias is a manifestation of a deep-rooted media bias that anything black is bad and anything white is pure and good. This media bias has also been illustrated in the Susan Smith cas... ...image we have seen, read, heard and ultimately come to believe of Malcolm X which is far from the truth. In short Malcolm X is much more than the violent man he is made out to be. To me, he is a prophet the media should portray him that way. ââ¬Å"The mass media is the most powerful entity on the earth. The media has the power to make the innocent guilty and to make the guilty innocent; and thatââ¬â¢s power. They control the minds of the massesâ⬠¦ You donââ¬â¢t have to lie to them you just have to be selective about what you tell them-because human beings gather information and they form opinions based on the information you have given themâ⬠(Malcolm X 56). Until the spoon fed white America opens their eyes to this injustice, the media will continue to portray a self-serving negative stereotype of the African-American community. Until the public acknowledges the mediaââ¬â¢s influence in the perpetuation of negative images of African Americans, white America will continue to oppress, and African Americans will continue to be looked upon as second class citizens. In the words of rap star Chuck D. of Public Enemy, ââ¬Å"Donââ¬â¢t believe the hype,â⬠or more concretely, donââ¬â¢t selectively n ot believe the hype.
Movie: Disaster At Hillsborough :: essays research papers
Movie: Disaster at Hillsborough Summary The movie "Disaster at Hillsborough" showed the complexity of a stampede. From the build-up of people outside the gate, to the disaster that ended in the death of 95 people. The film started out outside the stadium where 95 people died at a soccer game. The stadium was not equipped for the masses of people to show up all at the same place at the same time. According to the officer interviewed there was no plan in case of an emergency and no problems anticipated. The atmosphere outside the gates was pleasant and people were looking forward to a good game. The stampede started when the people in the rear realized that the game was to start before they were going to get in. The stampede could possibly been averted if the kickoff were delayed but the man "in charge" refused to delay. Just as at the "Who" concert the people in the rear of the line were in an acquisitive panic to get into the stadium. This pressure was recognized by the police in the front of the line and due to poor communication nothing could be done to stop it. A large gate "gate C" was finally opened to let off the pressure in front. This is when the true disaster occurred. People funneled straight onto the already full pens and created the stampede which killed the 95 people. People in the rear were in an acquisitive panic and the people in the front who were getting crushed were in a fearful panic. The emergency gates would open but the police, not realizing the situation, kept people in and closed the gates. Critique This example could not be anymore perfect to show a stampede and panic. All four components were met. (1) Partial entrapment; the reality is complete entrapment. As at the Who concert the only avenue of escape was blocked by the police. (2) Perceived threat; this comes from both ends of the panic. The people at the rear were threatened by the fact that they would miss the kickoff of the game or even not be able to get into the game. The people at the front were facing the threat of being crushed. (3) The partial breakdown of escape routs is obvious from the front. The gates to get out were blocked by the police and there was a high fence blocking everyone on all sides except the tunnel which was blocked by people trying to get into the pens. (4) Front to rear communications breakdown occurred when the people at the fence realized the
Friday, August 2, 2019
Ameritrade Case
Rickets believes hat the investment carries a lot of risk that requiring a more in-depth financial justification as opposed to Marinade's existing financial policy. Through initial discussions with Mr.. Rickets, we have agreed upon a financial analysis, adopting the CAMP model, to calculate the cost of capital of the investment. Mr.. Rickets & his management team will then make a sound financial decision basing on our analysis results. According to our agreed plans, Mr.. Rickets has specifically requested us to perform the following three tasks and provide our recommendation accordingly. . Briefly discuss the asset beta and CAMP model, and explain the steps for computing the asset beta and CAMP to produce the cost of capital for the Investment project. II. Mr.. Rickets is aware that Marinated does not have a beta estimate due to short trading history, and demands us to hand pick comparable firms that will be valuable In assessing the risk of Marinade's planned Investment. Ill. Using the supplied financial data to calculate the asset betas for the comparable firms. L. Definition of Asset beta.Beta represents a measure of the volatility, or systematic risk, of a security or a oratorio in comparison to the market as a whole. It is also known as ââ¬Å"beta coefficientâ⬠. And Is calculated using regression analysis. It represents the tendency of a security's returns to respond to swings in the market. Beta can be calculated by dividing the covariance between the return on the asset and the return on the market and the variance of the market This relationship is represented by the following formula: Levered versus unleavened Beta.Unleavened Beta compares the risk of an unleavened company to the risk of the market. The unleavened beta Is the beta of a company without any debt. Enlivening a beta removes the financial effects from leverage. The formula to calculate a company's unleavened beta is: This number provides a measure of how much systematic risk a firm's equity has when compared to the market. Enlivening the beta removes any beneficial effects gained by adding debt to the firm's capital structure.Comparing companies' unleavened betas gives an Investor a better Idea of how much risk they will be taking on when purchasing a firms' stock. Levered Beta, on the contrary, represents market risk of the investment taking into consideration market risk of the debt. Definition of CAMP (Capital Asset Pricing Model) CAMP is a model that describes the relationship between risk and expected return and that is used in the pricing of risky securities. The cost of equity is approximated Premium). Definition of the cost of capital.The cost of funds used for financing a business. Cost of capital depends on the mode of financing used ââ¬â it refers to the cost of equity if the business is financed solely through equity, or to the cost of debt if it is financed solely through debt. Many companies use a combination of debt and equity to finance their businesses, and for such companies, their overall cost of capital is derived from a weighted average of all capital sources, widely known as the weighted average cost of capital (WAC).Since the cost of capital represents a hurdle rate that a company must overcome before it can generate value, it is extensively used in the capital budgeting process to determine whether the company should proceed with a project. Steps in calculating Beta for Marinated: With the above explanation, the cost of capital for Marinated is, calculated by the CAMP model, will be using the three major steps: 1. Determine the Ref (risk-free rate) hat best reflects the market 2. Determine the Asset Beta for Marinated 3. Determine RMI (market-return rate).We will decide on the Ref and RMI with the supplied return data (Historical and current). On the other hand, we will diligently pick the best comparable firms, and then calculate the covariance between the past returns on the comparable firms and the return on market portfolio. Lastly, we produce a beta estimate by dividing the covariance (previously calculated) by the variance of the market. Market stock returns for indices such as NYSE, AMES and Nasdaq, which present the weighed average of all US publicly traded firms, are available in Exhibit 6 of the case.The returns are presented for the time period of 1984 to 1997. Returns on comparable firms in the Investment Services industry are also presented in the same exhibit. It is important to point out that the firms presented are full-service brokerage firms and are less sensitive to market movements than Marinated due to the fact that deep-discount brokers such as Marinated do not engage in asset management and investment banking services like full-service brokers do. Marinade's revenue stream is fully dependent on its brokerage operations.Given the above, we suggest to calculate covariance between each one of the four investment services firms presented and the market as a whole represe nted by the indices provided. Next step is to divide each of the results from step one by the market variance calculated based on the indices presented in Exhibit 6. In essence, we have calculated Betas for each of the four comparable firms. Then we would calculate an average of the four betas to use as an estimated Beta for Marinated. However, as motioned above, Marinated has a more volatile business model than full service investment firms.Therefore, we need to increase the resulting Beta by some estimated factor in order to be able to represent corresponding market risk more accurately. II. In determining the appropriate comparable for Marinated, we ran into a challenge of finding a direct comparison in both operating risk and capital structure risk. In this analysis, we are making the assumption that Marinated will need to take on some debt in order to fund the additional investments in to technology and marketing squired.We decided to look at three types of companies for as pot ential comps for Brothers, Merrill Lynch, etc. ) 2) Discount Brokerage Firms (e. G. Charles Schwab, E*Trade, Quick & Reilly Group, etc. ) 3) Internet Companies (e. G. Macromedia, Netscape, Yahoo) Operationally the full service brokers don't share the same level of risk as Marinated. Marinade's business is very sensitive to the performance of the stock market since almost all of their revenue is generated through brokerage. During a market decline, investors tend to decrease investing activities, thus Marinade's venue suffers.The full service brokers have less sensitivity to the overall market because the also offer other services, such as asset management and investment banking. The higher operating risk associated with discount brokerage firms, including Marinated, would lead to higher betas in comparison to the full service brokers. In comparing the capital structure of the other discount brokerage firms, Marinated will have more risk (requiring a high Beta) since they will be car rying debt (other than Charles Schwab (. 25) Debt-to-Capital, none of the other discount brokerages carry debt).We do feel that Marinade's competitive advantage over the other discount brokerage firms comes through technology (more specifically reliable internet based transactions), so using other internet based companies as comps makes sense. But, like the other discount brokerage firms, the other internet comps carry no debt, so the financial risk is going to be lower in comparison to Marinated. In order to determine the best comps, we decided to take a mull-faceted approach. For one, we determine the statistical significance (analysis is later on in this report) of each of the betas to eliminate some of the comps.Through that analysis, we determined that E*Trade, Macromedia, and Netscape did not have enough history to be statistically significant. To further narrow the list, we also determined that Charles Schwab Corp. and Waterholes Investor Services were the most comparable fir ms since they both are discount brokerage firms with a very significant percentage of revenue and coming from brokerage (99% for Charles Schwab and 82% for Waterholes) and they also both have debt (currently Waterholes has no debt but has historically) in their capital structure. As far as full service brokers, we feltRaymond James Financial and Paine Webber were good comps. Both firms had a large percentage of revenue coming from brokerage (51% for Raymond James and 46% for Paine Webber) and both firms carry some debt (especially Paine Webber) in their capital structure. We also decided to throw in Yahoo as a comps since Marinated is largely an internet based company. In the end, we determine an average of Charles Schwab Corp., Waterholes Investor Services, and Yahoo made the best beta estimate. Ill. An important component of analyzing Marinade's cost of capital is to use the betas of comparable firms.
Thursday, August 1, 2019
Life is a Gift Essay
Life is a gift. It is an honor; a spark; an excitement. We all have a world of our own. A wise author, Albert Camus, once stated, ââ¬Å"you will never be happy if you continue to search for what happiness consists of. You will never live if you are looking for the meaning of lifeâ⬠(Albert Camus). Life is about living to your fullest abilities; why waste our time looking for the meaning of each breath we take? Each person is a part of life. Each life has a world of its own. I believe that the meaning of life, defined by Victor E. Frankl, is to find meaning in our own life. Each and every person on this planet has a meaning to his own life, and is a unique and independent individual. And so, the question comes along, ââ¬Å"Who am I? â⬠The answer is I. I am who I am, and not one person can ever change that. My life is exceedingly meaningful, and is made up of a series of rituals, experiences, a plentiful amount of mistakes, and many various emotions. According to the article, The Rite of Passage, a ritual ââ¬Å"help[s] us understand the changes in our lives and give meaning to experiencesâ⬠we undergo. Rituals express who we are today, as well as the sum total of our actions, feelings, and thoughts that makes each person in this world, a single, individual person. An example of a major ritual and life-changing event in the Odyssey is the trial of the bow. During this scene, a disguised Odysseus surpassed a difficult task, as he without effort strung the challenging bow. Odysseus, after laying the arrow on the arch, shot the mighty bow ââ¬Å"with careful aim, not miss[ing] an axeââ¬â¢s ring from first to lastâ⬠(Homer 2011). This scene makes a change in not only Odysseusââ¬â¢s life, but also his son, Telemachus, and his wife, Penelope. The trial of the bow is an important Rite of Passage, offering significance to each one of their lives. Just like Odysseus, I have progressed through a numerous amount of rituals, along with experiences, mistakes, truths and actions, all leading up to the fourteen year old girl I am today. Although each person has a different opinion on what surrounds us, I believe the nature of the universe is full of the unknown. The world is a scary place to be in, it encloses us in, with nothing but mystery. It is a frightening thing, to move on with your life not knowing what will happen in the next few moments, but that is what life is all about; the unknown. We surround ourselves with questions that can never be answered; yet we need to learn to live life in the present, not thinking about the future with every step we take. No one in this world is fearless, in fact, according to H. L. Mencken, ââ¬Å"The one permanent emotion of the inferior man is fear ââ¬â fear of the unknown, the complex, the inexplicable. What he wants above everything else is safetyâ⬠(H. L. Mencken). In agreement to Mencken, nothing in this world is safe; we waste seconds; minutes; hours; even days worrying about our fears. Worrying about our fears of the unknown. I believe we canââ¬â¢t relate to this unknown universe, however, we can live with it. Instead of waking up each day wondering what the unknown is, we need to wake up everyday focusing on what we do know, and interpreting that information into what we understand. In order to find the meaning in our lives, we each need control over our lives. I control my life one hundred percent. I make me own decisions, choose my individual actions, and control my responses. We have complete control over our own lives. However, the one think we do not have control over is other peopleââ¬â¢s actions and decisions. Although we have the power in our individual lives, others may influence our judgments, choices, and conclusions. All of these factors affect whom we are, along with the fact that we canââ¬â¢t control others reactions, which may cause poor influence on us. For example, in the novel, The Odyssey, Odysseus sails a long journey home, facing many distractions, challenges, and adventures. He encounters many different monsters that stop him in his path, including Cyclops, The Sirens, and Poseidon. Although Odysseus can control his actions, and the way he fights, he has a weakness when it comes to his opponents. Just like Odysseus, we can control our actions and responses, but when it comes to having others involves, we have no control over how they can act and make their choices. Living life freely, with no regrets, and accomplishing all of our goals. That is a satisfying life. Taking risks, without worrying, loving ourselves, being happy with our achievements, and experiencing all different emotions is what life is all about. A variety of different feelings occur throughout our lives; we need happiness, excitement, fears, anger, and even tears to lead a fulfilling life. In the independent reading novel, entitled Speak; Melinda Sordino writes about emotions and feelings, ââ¬Å"When people donââ¬â¢t express themselves, they die one piece at a timeâ⬠(Anderson 58). Melinda believes the reasons people need to express themselves is because everyone needs to experience all kinds of emotions in order to interact and stay alive. In the Odyssey, Both Odysseus and Telemachus are involved by an overwhelming amount of emotions. Without the emphasis of their feelings without the novel, the story would have much less meaning and would not be as dramatic. Emotions add to our everyday conversations and feelings towards each other. We need them to live a satisfying, enjoyable life. I believe, in order to find the meaning of my life, I need to sit back, relax, and let the question answer itself. In order to survive, and live for as long as possible, I have to enjoy my life in the present. Not be thinking about the future, and where life is going to take me; but live life as it is brought to me, rather then bringing myself to my life. By being patient and letting my life come to me as time goes on, I am sure to survive for a longer, happier, and more exciting period of time. Yet, at the conclusion to each personââ¬â¢s life, the certainty of death must strike. Getting ourselves ready for this unpredictable day is very easy, as long as weââ¬â¢ve accomplished everything that we have set out to achieve, death may appear whenever it feels the need to. It is a misfortunate thing, though, as some deaths develop so quickly and suddenly, we do not have time to say our goodbyes. Nor do the victims have time to achieve their goals, and pass on wishes. An example of a sudden death is in the novel entitles Lost for Words, by Alice Kuipers. In the story, Sophieââ¬â¢s older sister died traumatically in a sudden train bombing. Due to the death, it ripped Sophieââ¬â¢s family apart. They stopped talking to each other, and everything became awkward between her and her mother. Because of the unpredictable death at such a young age, her sister was, sorrowfully, not ready for her time to come. She may have not achieved her goals in life, and got to take as many risks as life leads her too, making it an even bigger tragedy for Sophie and her family. There were a number of dreadful deaths in the Odyssey as well. These included Odysseusââ¬â¢ crew, Odysseusââ¬â¢ mother, and many suitors. From reading all of these disastrous scenes and stories about death, I have learned that in order to reconcile myself for the inevitability of death, I need to start living my life with many risks, and no regrets. By living my life without any doubts, and enjoying my life in the present, I can be sure to live a long, satisfying life, ready for the fate of death for whenever it decides to doom on me. I believe the meaning of life, is to find meaning in our own, individual lives. By waiting for life to come to me, and enjoying the present in a way of happiness, enjoyment, and risks, I can be sure to eventually come to a full understanding of why I am here, living today. Each life has a world of its own, and each person his own life. Each person in this world will have a different story to share, and a different meaning and impact on our world today.
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