Accounting and Finance Weighted Average Cost of Capital

Question: Examine about theAccounting and Financefor Weighted Average Cost of Capital. Answer: Presentation For estimation of the given venture, it is basic that investigation through capital planning strategies be performed. In any case, to empower the equivalent, the expense of capital or WACC calculation assumes a basic job. This is additionally material for the assessment of the acquisition of the new transport line that Melbourne fabricating organization restricted is looking to lead. The primary point of this report is to do the calculation of WACC dependent on the data gave on the organization and furthermore opine of use of the organization WACC as the reasonable markdown rate for the undertaking so an exact proposal could be offered corresponding to continuing with the new task or not. Calculation of WACC So as to appraise WACC or Weighted Average Cost of Capital, it is basic to figure the expense of the different methods for financing utilized for example corporate securities, inclination offers and conventional offers. Cost of Corporate Bonds Semi-yearly coupon rate relevant on the securities = 5.6% dad or 2.8% per half year In the given case, it is expected that the assumed worth is equivalent to advertise esteem and consequently the expense of securities would be the successful yearly coupon rate appropriate on the securities. Viable Annual Rate = (1+(2.8/100))2 1= 5.68% Accepting that the relevant assessment rate for the organization is 30%, the after expense cost of obligation is figured as follows (Damodaran, 2008). After duty cost of obligation = 5.68*(1-0.3) = 3.976% dad Cost of Preference Shares Market cost of unit inclination share (P)=$ 10 Yearly profit paid per inclination share (D) = $1.35 Consequently, cost of inclination share = (D/P)*100 = (1.35/10)*100 = 13.5% dad Cost of Ordinary Shares For estimation of the expense of value, the proper model would be the CAPM approach which advocates the accompanying connection (Parrino Kidwell, 2011). Cost of Equity = Risk Free Rate + Beta * Market Risk Premium Relevant yield on multi year government security is taken as the benchmark for the hazard free rate which presently remains at 2.26% dad Likewise, Market Risk Premium (Given) = 9.7% dad Beta of the organization = 1.3 Consequently, cost of value = 2.26 + 1.3*9.7 = 14.87% dad Estimation of particular loads of the different financing sources Market estimation of corporate securities = $ 1.3 million Market estimation of inclination shares = 10*500,000 = $ 5 million At the market cost estimation of a conventional offer, the Gordon Dividend Discount Model should be applied (Graham Smart, 2012). Profit anticipated the following year or t=1 is $ 0.72 Profit expected (t=2) = 0.72*1.08 = $ 0.7776 Profit expected (t=3) = 0.7776*1.08 = $0.8398 Profit expected (t=4) = 0.8398*1.08 = $ 0.907 Profit expected (t=5) = 0.907 * 1.03 = $ 0.934 It is normal that from fifth year onwards the development in profit would be steady at 3% dad till ceaselessness. Consequently, natural cost of the offer = (0.72/1.1487) + (0.7776/1.14872) + (0.8398/1.14873) + (0.907/1.14874) + 0.934/((0.1487-0.03)(1.14875)) = $ 6.23 Number of extraordinary offers = 1.4 million Consequently, showcase estimation of offers = 1.4 *6.23 = $ 8.7 million Henceforth, complete capital = 1.3 + 5 + 8.7 = $ 15 million Weight of obligation = (1.3/15) = 0.087 Weight of inclination shares = (5/15) = 0.3333 Weight of standard offers = (8.7/15) = 0.58 In this way WACC = 3.976 * 0.087 + 13.5*0.3333 + 14.87*0.58 = 13.47% dad Use of WACC Note that the above registered worth is the companys WACC which could be utilized as the rebate rate for the given undertaking just if the accompanying conditions are satisfied (Petty et. al., 2015). The basic hazard related with the task is practically identical to the fundamental hazard related with the normal venture of the firm. In case of hazard being sequential, appropriate changes would be required to modify WACC to a sequential worth separately. Further, the steady subsidizing example of the undertaking is like the current capital structure for the firm. On the off chance that, the hidden commitment of the different account sources is shifted, it is basic that appropriate changes would be required to be made. End From the above conversation, it is clear that the WACC for the organization is 13.47% dad and the utilization of WACC on the transport line venture would rely upon the hidden hazard level of the undertaking and the financing design. References Damodaran, A 2008, Corporate Finance, second eds., Wiley Publications, London Graham, J Smart, S 2012, Introduction to corporate money, fifth eds., South-Western Cengage Learning, Sydney Parrino, R Kidwell, D 2011, Fundamentals of Corporate Finance, third eds., Wiley Publications, London Insignificant, JW, Titman, S, Keown, AJ, Martin, P, Martin JD Burrow, M 2015, Financial Management: Principles and Applications, sixth eds., Pearson Australia, Sydney

2.0 Zulu Literature Answers Flashcard

2.0 Zulu: Literature Answers

Blog Archive MBA Admissions Myths Destroyed It Is All About My Work Performance

Blog Archive MBA Admissions Myths Destroyed It Is All About My Work Performance Because you spend so many of your waking hours at work, and the MBA is the vehicle you are choosing to use to drive your career forward, you may naturally believe that your professional experiences are all that matter to the admissions committees.  Do not get us wrong: you need to have strong professional stories to share, but top-tier business schools are looking for much more than just examples of professional excellence. If you discuss only your work experiences in your application, you will present yourself as a one-dimensional character, and today’s managers need to demonstrate that they can handle a multitude of tasks, situations, and personalitiesâ€"both inside and outside the workplace. Occasionally, we at mbaMission post an offer on our blog to review applications submitted by candidates who did not use our services and who did not receive an offer of admission from a single program of their choice. We find that the most common error committed by these applicants is that they discussed  only  their work accomplishments and gave no sense of who they truly are as well-rounded human beings. Although professional accomplishments definitely have a place in your applications, do not go overboard and focus on this one aspect of your candidacy to the exclusion of all elseâ€"balance is crucial. To the best of your ability, strive to offer a mix of accomplishments from the professional, community, and personal fields. Your goal is to keep the reader learning about you with each essay. A diversity of stories will reveal that you have the skills to accomplish a great deal in many different fields and circumstances, which is the hallmark of a modern general manager. Share ThisTweet Admissions Myths Destroyed

Cause And Effect Of Being Induced - 1535 Words

Recently, there have been many women opting to be induced rather than going through a natural onset of labor. In 2008 23.1% of live births were induced in the United States, which was a doubled amount from the 1990s (Cheng, Kaimal, Snowden, Nicholson, Caughey, 2012). However, it seems as if the negative and positive effects of being induced are rarely highlighted. It is important though that patients receive correct evidence based research about induction compared to the natural onset of labor before making a decision. Medical professionals will be able to educate patients by answering this research question: In women who are experiencing a full term/ post term low risk pregnancy, what is the effect of being medically induced before the natural onset of labor on maternal, fetal, or neonatal mortality and morbidity compared with natural onset of labor? The databases CINAHL and MEDLINE were used along with the search words of â€Å"induction of labor† AND â€Å"expectant mana gement†/ â€Å"induction of labor† AND â€Å"spontaneous labor† to find articles related to the specific research question about induction and natural labor. These articles will provide conclusions that will help deliver education to pregnant women and health care professionals. One article that was found in the databases was an article called Induction of Labor Compared to Expectant Management in Low-risk Women and Associated Perinatal Outcomes. The authors stated that the purpose of this research was to examine theShow MoreRelatedFracking, An Energy Extraction Process1534 Words   |  7 Pagesside effects that it could be having on the environment. Specifically, fracking is a method used to extract and release natural gas and petroleum from under deep layers of hard rock called shale rock located thousands of feet under the Earth’s surface. This process has been around since the 1940’s and involves the injection of a fluid mixture that consists o f 90 percent water, 9.5 percent sand, and 0.5 percent chemicals. (Cohen, 2011) In this high-pressured fluid injection, the fluid causes the deepRead MoreEssay on Drugs and Bronchospasms1234 Words   |  5 PagesDrugs and Bronchospasms Bronchospasms induced by drugs can be managed beneficially through knowledge of causative agents and knowledge on treatment of the disease. Bronchospasms are an excessive and prolonged contraction of the smooth muscle of the bronchi and bronchioles, resulting in an acute narrowing and obstruction of the respiratory airway. The contractions may be localized or general and may be caused by irritation or injury to the respiratory mucosa, infections, or allergies or drugsRead MoreThe Effects Of Global Warming On Today s Society Essay1529 Words   |  7 Pagesfact, not many people currently view it as being an extremely important issue due to lack of research, and some people are doubtful that it even exists. However, taking recent research into account, one thing is certain. Global warming is happening at a much faster rate than what leading climatologists have predicted. The rate at which carbon dioxide is being admitted into the atmosphere directly correlates to the increase in global temperature. Human induced carbon dioxide is the primary factor thatRead MoreThe Experience Of Acute Pain999 Words   |  4 Pagesaccumulation of lactic acid, hence decreasing the pH of surrounding tissue (Boron and Boulpaep, 2017; Silverthorn and Johnson, 2016). 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Just because some patients are dishonest, does not mean th at all patients should be questioned or treated like they are being deceptive. â€Å"However, the clinician’s index of suspicion should be raised 1) when there are clear external incentives to the patient’s being diagnosed with a psychiatric condition (e.g., disability determinations, forensic evaluations in criminal or civil cases, prison settings), 2) when the patient presents with a clusterRead MoreMedically Induced Abortions Are Murder1354 Words   |  6 PagesMedically Induced Abortions are Murder Abortion is the purposeful termination of a fetus, either naturally or medically (Abortion 2). In this instance, an unborn fetus perishes either through natural causes such as a miscarriage, or by medically induced methods (McFall 188). Medically induced methods are the most controversial of the two because a mother cannot control the natural circumstances of abortion, but medically induced methods are controllable and mothers hold full responsibility for endingRead MoreThe Effects Of Alcohol On Human Cells1409 Words   |  6 PagesEmily Rice BI 308-01 Professor Bilozur November 28, 2016 Alcohol-Induced Molecular Dysregulation in Human Embryonic Stem Cell-Derived Neural Precursor Cells Introduction Prenatal exposure to alcohol can cause profound amounts of birth defects and mental retardation. Drinking alcohol is composed of ethanol, a flammable liquid, which is made by fermentation. According to the National Institute on Alcohol Abuse and Alcoholism, alcohol can affect different parts of the human body such as the brain, heartRead MoreGlobal Warming, Not Caused by Humans1343 Words   |  6 Pagesfew problems prove to be as fundamentally problematic as the theory of human induced global warming. Its repeated coverage from within the media and political arena are influencing people worldwide, putting those who think differently in an outcast shadow. The truth of the matter is, to not believe in human induced global warming has become politically incorrect and unacceptable in the public eye. The theory of human induced global warming can be defined as the rise in temperature through human pollutionRead MoreThe Maternal Light Environment Of Campanulastrum Americanum Essay1021 Wor ds   |  5 Pagesbiennial individuals, germinating in the spring and growing for a season before flowering their second year. As the study results support, these flowering phenologies are two different life-history strategies that have been influenced by maternal effects. The study results have shown that twice as many seeds germinated in light gaps if their mother had grown within the gap, and that twice as many seeds germinated in the understory if their mother had also grown there. The population growth for individualsRead MoreA Brief Note On Anorexia Nervosa And Bulimia Nervosa1280 Words   |  6 Pagesdisorders are classified as mental disorders and can lead to life threatening damage. It is important to manage eating disorders to prevent health effects. There are many different possibilities for patients with disorders. Common treatments for eating disorders can consists of counselor or therapists. Early detection is important to limit future oral health effects. A dental h ygienist has an advantage to see the inside of the mouth for possible trauma, erosion, and malnutrition. It is common for patients

Definition and Examples of Senders in Communication

In the  communication process, the sender is the individual who initiates a message  and is also called the  communicator or source of communication. The sender might be a  speaker, a writer, or someone who merely gestures. The individual or the group of individuals who responds to the sender is called the receiver  or audience. In communication and speech theory, the reputation of the sender is important in providing credibility and validation to his or her statements and speech, but attractiveness and friendliness, too, play roles in a receivers interpretation of a senders message. From the  ethos  of the senders rhetoric to the  persona  he or she portrays, the senders role in communication sets not only the tone but the expectation of the conversation between the sender and the audience. In writing, though, the response is delayed and relies more on the senders reputation than image. Communication Process Every communication involves two key elements: the sender and the receiver, wherein the sender conveys an idea or concept, seeks information, or expresses a thought or emotion, and the receiver gets that message. In Understanding Management, Richard Daft and Dorothy Marcic explain how the sender can communicate by selecting symbols with which to compose a message. Then this tangible formulation of the idea is sent to the receiver, where it is decoded to interpret the meaning. As a result, being clear and concise as a sender is important to start the communication well, especially in written correspondence. Unclear messages carry with them a higher risk of being misinterpreted and eliciting a response from the audience that the sender did not intend. A.C. Buddy Krizan defines a senders key role in the communication process in Business Communication as including (a) selecting the type of message, (b) analyzing the receiver, (c) using the you-viewpoint, (d) encouraging feedback, and (e) removing communication barriers. Senders Credibility and Attractiveness A thorough analysis by the receiver of a senders message is imperative in conveying the right message and eliciting the desired results because the audiences evaluation of the speaker largely determines their reception of a given form of communication. Daniel J. Levi describes in Group Dynamics for Teams the idea of a good persuasive speaker as a  highly credible communicator, whereas a communicator with low credibility may cause the audience to believe the opposite of the message (sometimes called the boomerang effect). A college professor, he posits, may be an expert in his or her field, but the students might not consider him or her an expert in social or political topics. This idea of a speakers credibility based on perceived competence and character, sometimes called an ethos, was developed more than 2,000 years ago in ancient Greece, according to Deanna Sellnows Confident Public Speaking. Sellnow goes on to say that because listeners often have a difficult time separating the message from the sender, good ideas can easily be discounted if the sender does not establish ethos via content, delivery, and structure.

Textural Integrity in Gwen Harwood - 1572 Words

EXTENDED RESPONSE: Gwen Harwood â€Å"In your view, how has textural integrity been achieved in Harwood’s works. Support your view with detailed reference to at least two of the poems set for study, evaluating the structure and poetic techniques† Through the mastery of the unique structure, style, and coherent textural integrity of her work, Gwen Harwood is widely acknowledged as a ______ poet. Harwood engages the audience personally though the highly personal, yet detached tone and language, thus enabling alternate reading and responses by an individual possible. The personal experiences depicted within some of her works humanises her verse, thus giving it a tangible context, relatable to the responder. A number of aspects prevalent in†¦show more content†¦In stanza four, â€Å"there is still some water left over† alludes that the friendship of the persona and their company will endure and the strength of it will be enough to â€Å"refresh them†, even though their time is limited. Harwood comments on the use of the water motif in â€Å"Lamplit presences†; â€Å"In â€Å"At Mornington†, elements of the past, present and future are used in images of water†¦the first source of the flu x of life: the water of the infinity of death†. The concept of the water motif alludes to the ________ of death and rebirth, and of the transitional stages of life. At the beginning of the poem, water represents the innocence of childhood, toying with the childish belief that life is infinite, displaying the persona as a child being saved by her father and tossed amongst the waves; â€Å"†¦and was caught by a wave and rolled/ like a doll among rattling shells/ and I seem to remember my father/ fully clothed, still streaming of water/half comforting, half angry†. Towards the end of the poem, the water is seen as a method of redemption and death, depicting the persona introspectively alluding to their acceptance of death; â€Å"†¦and when I am seized at last/ and rolled in one grinding race/ of dreams, pain, memories, love and grief/ from which no hand will save me†¦Ã¢â‚¬  This central motif of water, and its

Four Perspective Of Feminism Essay Research Paper free essay sample

Four Position Of Feminism Essay, Research Paper Q.1 ( B ) Feminist attacks to sociological theory have developed out of historical sites of battle for equality. Describe the strengths and failings of four ( 4 ) different feminist theoretical orientations. We will write a custom essay sample on Four Perspective Of Feminism Essay Research Paper or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Sociological theory is loosely concerned with structured signifiers of societal inequality. Therefore, sociologist by and large attempt to near human behavior and dealingss in footings of the peculiar societal scene of different societal groups, categories and etc. However, feminist critics of sociology have pointed out that sociological theoreticians have neglected gender as a cardinal rule of societal distinction. Feminist sociologist argue that most sociological theory is characterised by a # 8216 ; malestream # 8217 ; position of the societal universe in which adult females are either unmarked raw or discussed as if they were indistinguishable to work forces. The construct used most often to capture structured power dealingss between the sexes is # 8216 ; patriarchy # 8217 ; . This essay will discourse the strengths and failings of four different feminist theoretical orientations. Broad feminism Broad womens rightists are the least # 8216 ; extremist # 8217 ; of all feminist positions. The chief purpose of the broad womens rightists is the creative activity of equal chances, peculiarly in instruction and work. Probably the most positive thing broad feminism has for itself is the fact that it has contributed to considerable societal alteration, particularly in relation to employment chances and conditions, and societal policy. Broad womens rightist themselves have non produced a clearly developed theory of gender, but they by and large rely on function theory. One of the chief strengths of broad feminism is that they aim for gradual alteration in the political, economic and societal systems of Western societies which, it is assumed, will in bend transform gender functions. This is considered a strength because it is a sensible and realistic achievement. Broad feminism is willing to take the appropriate clip it may take to bring forth gender equality. With this clip broad womens rightist pursue an purpose through the debut of statute law and by trying to alter attitudes. They encourage and support such steps as anti-discrimination and equal wage statute law in the hope that they will assist to stop favoritism. Broad womens rightists do non seek radical alterations in society, but instead reforms that take topographic point within bing societal and political constructions. If there are any failings to he broad womens rightists this may be it. Other womens rightist may reason that the progressives are non aggressive plenty and trust excessively much on hope. Extremist feminism Extremist womens rightists turn their explanatory focal point onto heterosexualism as a societal building. Extremist womens rightists therefore frequently see the societal context of heterosexualism, household life, as cardinal to adult females # 8217 ; s subjugation in modern societies. If work forces oppress adult females, so certainly heterosexualism constitutes # 8217 ; kiping with the enemy # 8217 ; ; the motto which emerged in the 1070 # 8217 ; s- # 8217 ; feminism is the theory, sapphism is the pattern # 8217 ; -captures the kernel of this position. The extremist feminism position is filled with failings. The largest failing among the extremist womens rightists comes from the breakaway womens rightist, who argues that adult females should organize independently of work forces. This statement normally leads to the position that O nly tribades can be true womens rightists, since merely they can be to the full independent of work forces, which in bend downgrades all other womens rightists. For the extremist womens rightist the subordination of adult females is seen chiefly in footings of dealingss of laterality between work forces and adult females as distinguishable societal groups. Because work forces as a group are seen as being opposed to women’s release by definition, many extremist womens rightists reject any cooperation with them in their battle to accomplish the societal alteration they seek. Looking at all work forces as a ‘group’ and so make up ones minding to turn against them is a serious failing for any feminism. This would merely accommodate the sapphic womens rightist, and would keep no relevancy for heterosexual womens rightist. Another failing in the extremist womens rightist position is the manner they group. Extremist womens rightists use patriarchate as the most of import construct for explicating gender inequality. They use this term to supply a elaborate account of how power operates within sexual relationships. They argue that political relations was non merely an activity confined to political parties and parliaments, but one, which exist in # 8216 ; all # 8217 ; relationships. The extremist womens rightists go on to reason that colza and other signifiers of sexual force are ever-present possibilities and ways in which # 8216 ; all # 8217 ; work forces intimidate # 8216 ; all # 8217 ; adult females. Marxist and socialist feminism Marxist and socialist womens rightists regard capitalist economy instead than patriarchy as being the chief beginning of adult females # 8217 ; s subjugation, and capitalists as the chief donees. Marxist/socialist womens rightists and extremist womens rightists have many similarities when it comes to what they see as a job, nevertheless, their solutions are non precisely the same. For illustration, like groups they see adult females # 8217 ; s unpaid work as homemakers and female parents as one of the chief ways in which they are exploited. However, although single work forces benefit from this agreement, it is particularly capitalists who gain from adult females # 8217 ; s work, since new coevalss of workers are reproduced at non cost to them. Marxist womens rightists besides place much greater emphasis on the development of adult females in paid employment. The deprived place of adult females is held to be a effect of the outgrowth of private belongings and later their deficienc y of ownership of the agencies of production, which in bend deprives them of power. The biggest strength of the Marxist/socialist feminism is their ability and willingness to collaborate with the opposite sex, instead than turn wholly against them. For illustration, although they agree with extremist womens rightists that adult females as a group are exploited, peculiarly since the coming of capitalist economy, they pay more attending to the differences between adult females belonging to ruling-class and working category households. In this regard adult females have involvements in common with the whole working category, and Marxist and socialist womens rightists frequently see greater range for cooperation between adult females and working category work forces than do extremist womens rightists. One major failing to the solutions provided by Marxist and socialist is that it may explicate why capitalist exploit workers but non why work forces exploit adult females. One difference between the Marxist and the socialist is in Marxist theories of category adult females tend to look undistinguished. Marxists have a occupancy to sideline themselves when it comes to the battle between capital and labor. The simple account they give of capitalist economy is good but it does non automatically explicate patriarchate.

Nationalism and its Negative Effects in the Modern World

Introduction In the study entailing nationalism, one stumbles upon four major debates that scholars tend to engage in. The first one centers on how â€Å"nation† and â€Å"nationalism† should be defined. Secondly, there is a question of the time during which nations are thought to have first occurred.Advertising We will write a custom essay sample on Nationalism and its Negative Effects in the Modern World specifically for you for only $16.05 $11/page Learn More The third debate tends to explore how nations and nationalism actualized. Finally, most classic works emphasize on European nationalism raising a debate as to whether nationalism began in Europe and spread to other non-western parts of the world or whether it developed on its own in non-western countries (Eschenhagen 2 ). This work will not attempt to exhaust all these debates but will rather concentrate on the various definitions of nationalism and its negative effects in the moder n world. Definition of Nationalism Nationalism can be understood in diverse perspectives depending on the context. Sociologically, nationalism can first be understood from the word nation, from which it is derived. The nation is Latin in origin – nation whose meaning during the medieval era was devoid of any political connotation. It has a similar meaning with Greek word ethnos that stands for â€Å"people, nation, and country† (Norbu 25). It was until the Middle Ages that the nation began attaining a political interpretation, which was vividly outspoken especially in France and Germany. In these two places, the term nation was used to refer to the ruling cadre in contrast with the word volk, which is synonymous to the common people or populace (Norbu 25). In view of this meaning, the word nation and the nationality concept were closely attributed to both sovereignty and power to imply that this concept was only common among those who were in rulership. Rather than bel ong to the people who embody it, the word nation rather referred to those in political power that had more say over state related concerns and held the key to the means of production. During the absolute monarchy, the nation was closely associated with the monarch’s state. If for that matter political power’s place of residence is the epitome the nation, then the French revolution was a major protest against the aristocratic class. With the increase in social communication and mass awareness, the idea of nationalism ceased from being cocooned within the aristocrats. It spilled down to the common people as well.Advertising Looking for essay on ethnicity studies? Let's see if we can help you! Get your first paper with 15% OFF Learn More Rousseau (1770 -1850) who refused equating nation to the higher political class and instead equating it with the populace (Norbu 25) agitated for the new concept of the nation. The meaning of nationality and that of national ism are closely related in that they designate a people rather than a nation per se. Nationalism is therefore a unique type of politically motivated social awareness that is people-derived and people oriented (Norbu 25). Another perspective of understanding nationalism is to look at it from the different kinds of nationalism and then elucidating that one of them can be defended and the other kinds cannot. In this light, the western form of nationality can be contrasted against the eastern form (Miller, 1995). For instance, western nationalization has been perceived as perspicacious and favorable to progress or reform. On the other hand, eastern nationalization has been perceived as unprogressive and cryptic, based on a seeming tribal perspective of nationality (Kohn, 1944, cited in Miller 8). The second contrast suggests that western nationalism was for people with outstanding cultural marks, able to measure up with those of known nation states such as Germany and Italy during the n ineteenth century. On the other hand, Eastern nationalism was for people whose ancient culture was primitive and hence they had to curve an identity for themselves to able to fit competently in the modern world (Arnold 1976, cited in Miller 8). Another difference suggests that in Eastern nationalism, people who within the same territory are governed by common laws and take part in similar civic culture while Eastern nationalism is genealogically- based suggesting the notion of individuals bound together by shared ancestry. In each case, the contrast is used to draw the fact that Western nationalism is friendly to a liberal state whereas eastern nationalism tends towards dictatorship and cultural constraint (Miller 9). Another way of understanding nationality is looking at it from the standpoint of political philosophy. This is the difference between a nationalism of a nation that interferes with the rights of other nations as it strives to uphold its own objectives and a nationalism that is sensitive to the rights of other nations and aims at enhancing equality among all nations. For example, MacCormick differentiates between acknowledging moral tussles while striving for national concerns from an egocentric drive of desiring that one’s nation should outdo others (Nathanson, 1993, cited in Miller 9).Advertising We will write a custom essay sample on Nationalism and its Negative Effects in the Modern World specifically for you for only $16.05 $11/page Learn More Therefore, succinctly put, nationalism can be termed as opposition to foreign control, consciousness of being part of a certain nation and pride in the nation’s culture, norms, infrastructure, and achievements, awareness of shared political roles and a demand for self –motivated national governance (Okoth 1). How nationalism has been a negative force in our modern world The 1962 Indian border war Although the Indian border war in 1962 was not directly i nfluenced by a western power, it elicited a rise in Chinese various nationalistic elements such as the sovereignty and legitimacy of China. When the raw over the border emerged within the mid nineteenth century, Apart from fear of losing its territorial loss, China hardened its position due to two other reasons. This was both the Tibet question and India’s non-negotiable attitude towards the borderline. Despite the known fact that Tibet has been within the Chinese territory since 1950, the Indian prime minister negated the fact that China had sovereignty over the territory. This really soured the relationship between India and China. China interpreted the Indian prime minister’s challenge of their own sovereignty over Tibet as purely imperialistic. China then resolved to respond to this through a strike of equal magnitude. The borderline war between India and China was not only fueled by India’s imperialistic approach, but also by India’s hard-line attitu de regarding the McMahon line. Due to collective opinion from the Chinese republic and Taiwanian support, China finally got victory. Although the Chinese government had achieved its objectives, the war tainted China’s international position and was a major cause of a deadlock in bilateral associations for many years thereafter (Eschenhagen 6). The eight islands dispute Besides the past borderline dispute between India and China, there is also a recent nationalistic dispute between Japan, China, and Taiwan regarding the ownership of eight islands found in the East Asia Sea. Although none of the three parties would like the issue to cripple their bilateral agreements, the conflict is motivated by both domestic and international politics. Although ownership of resources found in the islands is the major cause of dispute, nationalistic claims have blown out of proportion. Although conflict among the three parties was improbable, resolution and shared exploitation of the resources was also elusive (Huang, 1997, cited in Eschenhagen 6). A series of international conflicts then arose leading to protests from Chinese students. This was after a bomb attack in China that was thought to have been of western origin. The students’ protests led not only to the bombing of an American officer’s residents but also to the vandalism of other U.S related premises within the Chinese streets.Advertising Looking for essay on ethnicity studies? Let's see if we can help you! Get your first paper with 15% OFF Learn More The protests moved from street-based to online-based and with this, the Chinese national leadership had to intervene since the move would have jeopardized the relations between China and the U.S. The western world was greatly baffled by the protests and the U.S media apportioned blame to the Chinese government for fueling the mayhem by misleading the masses with incorrect nationalistic information (Eschenhagen 8). The U.S surveillance plane incident In a separate incidence, an American spy plane collided with a Chinese jet over the sea located in the southern part of China. This was after the American plane penetrating into the Chinese airspace without verbal clearance. This came at a time when other issues like human rights and support of Taiwan by the U.S had strained the relationship between Beijing and Washington. Although the U.S ambassador to China brought a message of apology to the Chinese people after a long impasse, the Chinese jet had been destroyed and its pilot killed i n the collision. Extreme Right wing voting The reasons behind the popularity of extreme right wing in some countries of the European Union and their absence and low influence in other parts have been of much debate (Gijsberts 157). However, they have been attributed to a diversity of country-specific features. Factors leading to these variances in the extreme rightwing voting are three-fold: sociological, economic, and political (Gijsberts 157). Sociologically, variances in the population of different countries affect the voter turnout in the extreme right wing voting. This is determined by both the public opinion and social structure of country. Economically, the economic doldrums and rivalry between the country’s main group and the immigrants could also explain the differences in extreme right wing voting. Politically, specific factors that characterize a party and the system of its operation influences voter turnout (Gijsberts 157). Nationalism as a cause of major world co nflicts and genocide Xenophobia and chauvinism are both regarded as products of extreme nationalism (Auer 19). This is perceived in the sense that xenophobic nationalism being the fear and rejection of a stranger is an extension of any aspect of national identity. Additionally, even though patriotism is closely related to nationalism, critics of nationalism find it quite detrimental in its extreme manifestation (Kegley 408). Extreme patriots tend to gauge their patriotism via the level of hatred and protest extended towards alien nations. Patriotism also makes them to blindly endorse all policies and practices of their own nation. In this vein, nationalism negates the aspect of universal values that elevates the values of all above those of individual nations. This is seen as an impediment to human rights and the harmony that exists among all nations in a world without borders. Nationalism further contradicts Christian, Islamic, and Judaistic teachings that love should be manifested even towards one’s enemies. Looked at from this perspective, nationalism is therefore perceived as a cause for armed world conflicts. Nationalism’s double-faced character is believed to be the main cause armed conflict. First, it is a common force that bonds nations with similar nationalities together and secondly, it does not only bring divisions among but it also divides nationalities and this is what justifies armed conflicts with other nations (Kegley 408). Genocide is normally explained as state organized killings that targets a given political, religious, national, or ethical group (Scherrer 69). The Bosnia genocide is believed to have its causes embedded in nationalism. Although the concentration camps were used to carry out genocidal activities, other acts entailed not just mass rape but also destruction of both Islamic and Croatian symbols (Delanty and Kumar 327). Such acts partly involve death but also involve annihilation either fully or partly, of a given national group. For instance, the mass rape psychologically torments and destroys the reproductive potential of all the groups (Delanty and Kumar 327). Apart from the Bosnia genocide, both world wars were direct full-scale genocides. For example during the Second World War, Hitler ordered mass murder against many ethnic groups such as the European Jews and Russians among others (Scherrer, p. 76). There were also organized killings against millions of prisoners and slave workers. The Nazi terror took away of 50 million the lives and Fascist Germany war eliminated the lives of millions of the Roma and Sinti, Russian civilians, Serbs among others (Scherrer 76). Conclusion Nationalism is the social consciousness of the people in a particular nation that causes them to protest alien control as they pride in their own national traditions, achievements and political rights. The extreme manifestations of nationalism have had negative impacts in the world especially manifested through armed conflicts and genocides. Works Cited Auer, Stefan. Liberalism in Central Europe. London, Routledge. 2004. 21 October 2010. https://books.google.com/books?id=b2IRot3UaQ0Cpg=PA19dq=negative+effects+of+extreme+nationalismhl=enei=Fm3ATP_UGZ-V4gawiqTnCwsa=Xoi=book_resultct=resultresnum=3ved=0CDUQ6AEwAg#v=onepageqf=false. Delanty, Gerard and Kumar, Krishan. The SAGE handbook of nations and nationalism. London, Routledge. 2006. 21 October 2010. https://books.google.com/books?id=3Y3zK_jyagQCpg=PA327dq=nationalism+as+the+cause+of+genocide+in+bosniahl=enei=ozXBTN2dGYaVswa74P2WCAsa=Xoi=book_resultct=resultresnum=1ved=0CCcQ6AEwAA#v=onepageqf=false. Eschenhagen, Paul. Nationalism in China: Implications for Chinese International Relations. Norderstedt, GRIN Verlag. 2006. October 21, 2010. 21 October 2010. https://books.google.com/books?id=XxW92MeKABECpg=PA2dq=Definition+of+nationalismhl=enei=fALATOsSh_ngBrjCyLYMsa=Xoi=book_resultct=resultresnum=4ved=0CDUQ6AEwAw#v=onepageq=Definition%20of%20nation alismf=true. Gijsberts, Merove I. Nationalism and exclusion of migrants: cross national comparisons. VT, Ashgate Publishing. 2004. 21 October 2010. https://books.google.com/books?id=6iW3lXAj5BQCpg=PA160dq=negative+effects+of+extreme+nationalismhl=enei=Fm3ATP_UGZ-V4gawiqTnCwsa=Xoi=book_resultct=resultresnum=1ved=0CCkQ6AEwAA#v=onepageqf=false. Kegley, Charles. World Politics: Trend and Transformation. CA, Cengage Learning. 2009. 21 October 2010. https://books.google.com/books?id=JFVlaSN6CwsCpg=PA408dq=conflicts+resulting+from+extreme+nationalismhl=enei=GybBTNeNOYfEswab2pDSCAsa=Xoi=book_resultct=resultresnum=10ved=0CFMQ6AEwCQ#v=onepageqf=true. Norbu, Dawa. Culture, and the Politics of Third World Nationalism. London, SAGE Publications Ltd. 1992. 21 October 2010. https://books.google.com/books?id=DhZk6aOAWbsCpg=PA25dq=Definition+of+nationalismhl=enei=fALATOsSh_ngBrjCyLYMsa=Xoi=book_resultct=resultresnum=1ved=0CCcQ6AEwAA#v=onepageq=Definition%20of%20nationalismf=true. Okoth. Assa. A Hist ory of Africa. Kampala, East African Publishers Ltd. 2006. 21 October 2010. https://books.google.com/books?id=suMvEWjK-OcCpg=PA1dq=Definition+of+nationalismhl=enei=fALATOsSh_ngBrjCyLYMsa=Xoi=book_resultct=resultresnum=2ved=0CCwQ6AEwAQ#v=onepageq=Definition%20of%20nationalismf=true. Scherrer, Christian. Ethnicity, nationalism, and violence. London, Ashgate Publishing Limited. 2003. 22 October 2010. https://books.google.com/books?id=6NnchlGT3nECpg=PA69dq=nationalism+as+a+cause+for+genocidehl=enei=GTzBTP7WM8_tsga__pXHCQsa=Xoi=book_resultct=resultresnum=1ved=0CCcQ6AEwAA#v=onepageq=nationalism%20as%20a%20cause%20for%20genocidef=false. This essay on Nationalism and its Negative Effects in the Modern World was written and submitted by user Deon Perez to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

The Truth! essays

The Truth! essays Christopher Columbus, the villain who sailed the ocean blue in 1492. Columbus was a villain because of his cruelty, his lies, and greed. He was very cruel to the Native Americans. He lied to his own people. His greed for gold caused destruction of many lives. Columbus was villain because he was nothing but cruel to the natives of the New World. He enslaved Indians making them work under harsh conditions, such as wiping them and starving them, causing millions of natives lives by suicide or sickness. He took advantage of the natives generosity to him by taking more then his share of gold and food from them and giving nothing in return. As you can see he was very cruel to the Native Americans. Columbuss was a villain because of his lies to his own people. He lied to the King and Queen of Spain that he was in Asia, and that there was a lot of gold and spices. He also lied to his men and the highnesses saying that he was the first to spot land. When it really was one of his crew men on the dock who spotted land first. Because of his lies to his people proves even more that he is a villain. Columbus was a villain because of his greed for money. He shipped thousands of African Americas across seas to become slaves that work on sugar and tobacco plantations so that he would get massive amounts of money. He killed not only many natives, but he also killed many of the Europeans because they were mining for gold. His greed for money caused many lives not exactly what the definition of a hero is to me. Christopher Columbus sailed the ocean blue in 1492, taking three ships and a faithful crew. Columbus was a villain because of his cruelty, his lies, and greed. Although I love missing a day of school for Columbus Day; I dont like that the day is in honor of a man who has done nothing but lie, be cruel, and want money. It is important for the myths to be put to rest that Columbus was an honorable man, ...

Competition (BUSINESS 305 CASE ASSIGNMENT MODULE 3) Essay

Competition (BUSINESS 305 CASE ASSIGNMENT MODULE 3) - Essay Example While it may stand to reason that OPEC with its fair share in percentage of global oil production is able to effectively manage prices, it hasn’t necessarily happened that way. Increasing pressure from other factor including competing regions outside OPEC such as North Sea and Central Asian states, has resulted in large fluctuations in oil prices in recent past. Formed primarily to look after the oil exporting interests of member countries, OPEC has a clear set of objectives where it claims to balance member country requirements with needs to stabilize world oil prices. Its charter states that OPEC would strive to â€Å"eliminate harmful and unnecessary fluctuations† in global oil prices and ensure â€Å"efficient, economic and regular supply† to buying nations while at the same time coordinating among member countries to share and â€Å"unify† oil policies to protect their interests (OPEC Statute 1). Even though the oil cartel has been a major force in global economy for over 45 years, it has had its own set of shortcomings in vision. At least twice in the past OPEC tried to raise prices by reducing export of oil. In the first instance, in the early 70’s, the prices spiked by about 50% and in the second case, the maximum increase was 34% in 1980. In each period of OPEC intervention, the price increase was short lived and could not be maintained. The reason for not being able to sustain the price increase is rooted in the simple definition of economy that it is governed by people and its behavior. This behavior then defines the supply and demand relationship that forms the basis for price stability and trends. The sudden rise in oil prices as a result of OPEC’s cutting of exports happened because the supply and demand of oil, like any other commodity, is inelastic in the short term. When the OPEC countries

Foundation of Occupational Therapy practice Essay

Foundation of Occupational Therapy practice - Essay Example There are standards, roles, and meaning that an individual derives from the occupations that they engage in. These activities and processes that an individual performs through his or her life, in some context, can collectively be referred to as occupation. The individuals’ occupation will be defined within the societal culture and norms and thus are geared towards the collective development and wellbeing of the society. An individual’s occupation will determine his or her contribution towards the objectives of the society. In this context, occupation can be put into three categories depending on their purpose namely self-care, productivity, or leisure activities. There is need to ensure a good balance in these activities. Different activities will involve sequential interrelated tasks that collectively constitute an occupation. These tasks will need different skills- an individual’s abilities to carry out the activities that will reflect on his performance of the given occupation. These skills can be enhanced through constant practice by the individual. Other than the mental abilities and skills, an occupation will also involve other physical actions. It is important that an individual engage in activity that is not stressful and that provides little or no threats to his or her life. The occupation should be meaningful and of some value to an individual. However, there are factors that can prevent an individual from engaging in an occupation that is of some value to the individual and the society. Occupational therapy is a practice that involves promoting health and well-being of an individual by engaging the individuals in some occupations. The occupational therapists will identify the social, political, cultural, environmental, mental, and psychological and even the political factors that can impede an individual’s engagement in an occupation. Having identified these factors, an occupational therapist will take the appropriate init iative to enable the individual to participate in an activity. This practice has no boundary limit and borrows from other disciplines like psychology (Creek, 2003, p.7). The therapist may encourage the individual to engage in activities and processes that will eventually provide them with an opportunity to be engaged in some occupation. The therapist may also attempt to alter the environmental condition to promote the individual’s participation in some occupation. As a profession, occupational therapy has a number of core values and beliefs that become the guiding philosophy of the practice and that are behind its principles and procedures. Firstly, the practice of occupational therapy is humanistic and self-centered. The practice shows human concern and respects the human values. Secondly, the practice does not consider the individual aspects of human function but provides a holistic perspective to depict individuals as being unique and independent. The physical, spiritual, emotional, cognitive, and social aspects of human function are incorporated in occupational therapy practice. It is believed that every individual has his own ability. The difference that exists in the individual human values is also recognized in the practice. Besides, much value is attached to involvement in some occupational activity. Engagement in some occupation is regarded as a basic requirement that is essential for good health of the individual. The OT is supposed to provide the client with information, provide the necessary support, and

Tokugawa Period (Edo Period) Essay Example for Free

Tokugawa Period (Edo Period) Essay The relevance of the Tokugawa Period (Edo Period) to the development of Modern Japan is based on the fact that it marked the restoration of imperial rule and ushered in the beginning of the development of early modern Japan (Bryant 2005).   The innovations that were introduced during this period included the increase in commerce through the encouragement of the shipping of commodities.   This resulted in the economic expansion of Japan on a domestic scale initially and eventually foreign commerce. This also saw the flourishing of construction trades as well as banking facilities and merchant guilds (Bryant 2005).    Through these economic developments, Japan quickly saw the urbanization of its society and the rising economic independence through the increase in agricultural production and the spread of rural handicrafts which greatly revitalized the economy and helped convert a population that was comprised of 80 percent (80%) peasants into a more mercantile population.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The Qing Dynasty (Manchu Dynasty) was the last ruling imperial dynasty of China.   The fall of traditional China was caused by the weakened military power during the 1800’s and the massive rebellions that shook China during the same period.   By the early 20th century, the death of Ci Xi and the Guangxu emperor had left the imperial family relatively powerless and unstable against the mass civil disorder that had begun (Bartlett 1991). The ultimate humiliation for the Qing dynasty was the loss of imperial power that it had when it relinquished control over the military to Yuan Shi-kai and his Beiyang commanders and the establishment of a Republican constitutional reform.   This led to installation of Yuan Shi-kai as the president of the Republic pursuant to the negotiations with Sun Yat-Sen.   Finally, in 1912, after 12 rounds of negotiations, Longyu issued the Imperial Edict bringing about the abdication of the child emperor Puyi and thus marking the fall of traditional imperial China (Bartlett 1991). References: Beatrice S. Bartlett. Monarchs and Ministers: The Grand Council in Mid-Ching China, 1723–1820. Berkeley, CA: University of California Press, 1991. Anthony J. Bryant Sekigahara 1600: The Final Struggle for Power, Praeger Publishers; September, 2005

Analyzing Macbeths Weak Charachter in Shakespeares Macbeth Essay

Shakespeare's Macbeth is about the change in Macbeth's character and his inner motives and feelings. Throughout the play the audience bears witness to Macbeth's thoughts and feelings in his soliloquies, speech, and asides. One often wonders whether it is fate, the witches, or the people around him that compel him to think in certain ways and influence his decisions. It is only his own character from the beginning, however, that allows him to make some of the choices that he does and commit horrific deed during the play. Macbeth is a weak, selfish, traitor, as shown through his submission to Lady Macbeth's demands, his betrayal of Duncan and Banquo, and his inability to admit wrongdoing or accept the consequences of his actions. Macbeth demonstrates weakness when he gives in to Lady Macbeth?s will and follows through with her crazed schemes. Lady Macbeth is a greedy person with grand desires, but one who finds it hard to follow through with the nefarious deeds that are associated with accomplishing her goals. She often wishes to be more of a man, calling upon the devil to help her ignore her conscious and give her cold blood. She uses Macbeth as a tool to accomplish doing these things she cannot without having to do them on her own. However, Macbeth is also reluctant and Lady Macbeth has to influence him to kill Duncan. When learning of Lady Macbeth?s plot to take Duncan?s crown, Macbeth contemplates all the reasons it should not be done. He admits it would be suicide, and that he has no reason to do it. Macbeth decides he will let luck and fate decide whether he will be crowned. ?I have no spur/ To prick the sides of my intent,? (I, ii, 26-27) says Macbeth. But soon afterwards he is coerced by Lady Macbeth ?s taunts and critici... ...ing himself up honorably. Through these statements and Macbeth?s fight until his death, he has demonstrated a lack of regret for the things he has done and the inability to repent for his actions. Shown by his mental insecurity and weakness, treachery against god and country, and reluctance to confess fault, Macbeth has proved a pathetic and selfish person who ultimately gets what he deserves. Macbeth?s character demonstrates all the qualities of a criminal mind. People often find themselves fighting against problems they have created for themselves through their own unwise actions, and losing in the end like Macbeth does because they cannot not change their ways soon enough or aren?t willing to. If one chooses to be selfish, greedy, and overconfident and betrays the ones surrounding him without regret, then he will find himself fighting alone to the bitter end.

Constitution Compromises Essay

To the founders of the new American nation, it was important to make sure all states of the union stayed together. To ensure no states succeeded, many compromises were made in the ratification of the constitution, including those regarding representation and slavery, which allowed the majority of the population to be content and successfully governed the nations. Although the state’s populations were unequal, they all wanted their fair share of say in the government; the problem was they couldn’t decide what that fair share was. Their decision to create a bicameral government satisfied both the sparsely and densely populated states. The smaller states got their representation by the Senate, while the larger states got their wishes fulfilled by the House of Representatives. This compromise was ultimately for the better, being that a bicameral system has perks associated with it. For instance, a dual representation situation increases the chance that representatives have direct contact with the citizens, thus representing their population better. The two houses ultimately better served their country and resolved a conflict as well. Slavery was also an issue that saw a lot of dispute. Generally, Abolitionists in the North wanted to abolish slavery completely; however, this didn’t sit right with the South, whose economy desperately depended on slaves to flourish. There were two compromises about slavery. The first compromise ended the slave trade, and the second addressed the accounting of slaves in a state’s population for the census, as well as taxes. Being that the northern views were already stepping on the South’s toes, they couldn’t afford any clash to bring about talk of a separation from the union. Their decision to account 3/5 of a slave when apportioning taxes and representatives favored neither side in this dispute. This was for the better in that the southern states couldn’t really argue with the decision and stayed with the Union. Because the compromises that were made in the making of the constitution aimed to please, they worked by ensuring all states were happy, thus more likely to listen to the government and stay in the union.

Meat Production And Environmental Health - 1437 Words

Meat Production and Environmental Health Introduction Global meat production rose to a new peak of 308.5 million tons in 2013, according to the UN Food and Agriculture Organization (FAO), a more than fourfold increase over the last five decades. Even more startlingly, meat production has grown 25-fold since 1800 (Horrigan, Lawerence Walker, 2002). Globally, agriculture utilizes nearly 70 per cent of the world s available freshwater. One-third of that percentage is used to grow grains to feed to livestock (ECOS, 2014). While the global meat industry provides food and a livelihood for billions of people, it also has significant environmental and health consequences for the planet. Over half of the water used in meat production†¦show more content†¦The legislation however did not refer to any of the industrial food producers in California, which accounts for over 80% of the water usage in the state (California Department of Water Resources, 2012). This issue interests me because of the potential impacts the waste of water for agr iculture has on vulnerable populations of people with already limited capital needed to access food and water as prices continue to go up. Historically, communities of color are hit hardest by policies and practices favoring capitalists in the neoliberal system under which we live. The growing trend of privatization of water coupled with decline in the economic stability of the U.S. has the potential to severely decimate low- income communities of color in the years to come. This issue impacts the environment as a whole due to the reckless waste of valuable water. According to a research study conducted by Tilman, Gassman, Matson, Naylor Polasky (2002), The increasingly unsustainable methods associated with meat production, pose a huge threat to food production and ecosystems at large. Specific environmental health issues related to industrial meat production include water pollution/waste and climate change. Water Pollution Water Waste According to the Union of Concerned Scientists (2008), industrial livestock operations produce over 300 million tons of wastewater per year. Although there are