Saturday, May 23, 2020

Essay The Implications of Rapid Urbanization - 1685 Words

Urbanization is the process of human migration from rural areas to towns and cities, thus rapid urbanization means that the rate at which the migration from rural to urban takes place is hurried that a country has no time to plan for their existence at the cities. The situation differs from country to country as the number of cities and rural areas in the countries are different. Another possible reason for the difference is the development nature of the countries; some countries are developed, others are developing while others are considered least developed. Urbanization in developed areas can be traced from the industrialization era when the populace migrated from the rural/ancestral home to towns in search of employment.†¦show more content†¦They abandoned farming and moved to the urban areas making the Mexico City to be among the top largest cities with rapid urbanization. Urbanization and especially the Rapid ones come with implications; both positive and negative. Oth er countries especially developing and less developed are not well prepared for the growth in population at the cities thus causing a strain on the available resources. Global negative implications are increase in traffic, environmental pollution, overcrowding among public institutions and facilities and increase in the cost of life at the cities (University of Michigan, 2006). A common problem among African cities is the poor hygienic conditions that have been brought by the rapid urbanization. From Nairobi in Kenya to Lagos in Nigeria and Windhoek in Namibia, rapid urbanization has led to the debilitating environment; vast slum dwellings, inadequate water supplies, poor garbage disposal, poor drainage systems and poor medical services. This in turn has bred what is known as vectors and reservoirs of communicable diseases such as malaria, lymphatic diseases, HIV/AIDS, typhus and yellow fever (Potsiou, 2010). As urbanization rate grows, so is the population growth within the cities from new births and thisShow MoreRelatedEffects Of Urbanization On Food Supply And Human Security885 Words   |  4 Pageseffect of urbanization, arguing that major cities homogenize the physical environment in their attempt to meet the narrow needs of human beings without regard for indigenous species.McKinney identifies key challenges such as human disconnection from the natural environment which is a disadvantage of urbanization. The strength of this source lies in its relevance as it will provide sufficient information for the research topic with regard to the effects and disadvantages of urbanization. This bookRead MoreThe Origin Of Smart City Movement794 Words   |  4 PagesAs the world experiences rapid advancement, the continuing population growth and urbanization are inevitable. More population are now live in urban areas than the rural areas. 54 % of the world’s population are residing in urban areas in 2014. It forecast increase to 66 percent or an addition of 2.5 billion people in 2050 (United Nation, 2014). With this continuing of urbanization, the cities indicate a suffer on its fundamental functionalities to services citizens as a liveable place (Borja, 2007;Read MoreGlobal Environmental Issues Facing Climate Change Essay1245 Words   |  5 Pages (UN-Habitat. 2006). Urbanizationis, in statistical terms, an increasing proportion of a population living in settlements defined as urban centres. The immediate cause of most urbanization is the net movement of people from rural to urban areas. Extensive urban-to-rural migration flows may also take place, but urbanization takes place when there is more rural-to-urban than urban-to rural migration. Growth in urban population is defined as an increase in the proportion of the population living inRead MoreThe World s Population Growth1099 Words   |  5 Pagesparticularly lifestyle changes brought about by urbanization. While income growth is one of the most significant influences contributing to demand changes, urbanization has been almost equally as important in changes in food consumption. Urban areas are usually correlated with higher income levels, as well as higher levels of education and a larger collection of food products available. Economic growth can continue indefinitely and go in cycles, yet, urbanization has so far been a one-way progression andRead MoreThe Rise Of The Standard Of Living1738 Words   |  7 Pagesdue to rapid economic growth, there has been an increase in energy consumption by about 75% while the emissions increase has been proportionate. Even though, there have been some incremental improvement in the technology but the same has not been anywhere close to mitigating the impact of increased energy consumption. Further, this typically requires prudent public policies and enhanced consumer awareness especially in the cognitive aspect so as to prioritize sustainable development in rapid of rapidRead MoreCauses Of Obesity In Western Countries1251 Words   |  6 Pages Obesity in Western Countries: Causes and Implications Over the past two-decades obesity has risenn at an alarming rate globally and now is reaching epidemic proportions in the western and industrialized countries†¦ USA. Obesity prevalence in the United states is among the highest globaly as its obesity rate is projected to climb from today’s 30-40% today to a shocking 70% in 20301 . In particular, childhood obesity exhibited the highest growth rate today, tripling the percentage of children overRead MoreThe Effects Of Urbanization On The Belizean Society Essay1515 Words   |  7 PagesNegative Effects of Urbanization to the Belizean Society Many small town dwellers and villagers had left their hometown for the cities in search of higher standard of living. This movement from rural areas to big cities is called urbanization (Boundless, 2015). As a result, urbanization is the process by which there is an increase in the number and the percentage of people living in the urban settlements and the amount of industrialization of the settlement. In Belize statistics shows that 45%Read MoreModeling Travel Demand For A Bus Transport System1410 Words   |  6 Pagestransportation system so as to introduce a Mass Rapid Transit System (MRTS) as an alternative to bus transport system. Therefore, a modeling approach for forecasting urban travel demand and the present public transport service are assessed in this project for the city of Bangalore, India. A travel demand forecasting model is used so as to predict the travel pattern of Bangalore city up to the year 2023.The scope of a public bus transport service and a mass rapid transit system are also evaluated in thisRead MorePestee Korea1648 Words   |  7 Pagesrisks in the country it is conducted. It impacts on projects in aspects of population growth rate, demographic landscape, education level (it will be mentioned as the last factor of report), spending power, lifestyle, attitudes to work. The rapid urbanization (83% people lives in urban areas) and industrialization of South Korea heavily impacted and transformed the population which after years of limited access to goods, rapidly started to developed the demand for modern shopping environments andRead MoreUrban Segregation And Its Effects On Residential Preferences Shaped By Liberal Market Forces And National Identity890 Words   |  4 Pagesstandard of living that allows for greater mobility and better housing choices in a free-market economy. Next, the authors give a brief historical account of the â€Å"massive intra-union migration† (Leetmaa ,164) that changed the ethnic composition and urbanization patterns within the former Soviet Republics under the central planning model. According to the author’s research, during the 1940-50s the Soviets invested heavily in industry in the Soviet Satellite Republics. Industrialization was closely linked

Monday, May 18, 2020

Analysis Of The Novel Young Goodman Brown - 880 Words

Setting in Young Goodman Brown The short story â€Å"Young Goodman Brown† by Nathaniel Hawthorne relies heavily on the atmosphere and setting. Goodman Brown embarks on a journey through the woods at the witching hour of midnight and faces true evil, which completely ruins his whole life. Throughout this journey, many elements of the settings helped tribute to the overall mood, or atmosphere. Hawthorne has drenched this story in the feeling of dread and bad things to come. The setting of â€Å"Young Goodman Brown† gives off an evil atmosphere all throughout the story through imagery, elements of nature, and allusions. In the beginning of the story, Brown is beginning his descent into the darkness of the woods. Brown is on â€Å"a dreary road, darkened by the gloomiest of trees . . . concealed by the innumerable trunks and the thick boughs overhead.† (452) The path that Brown has taken is very small, making him feel closed in and trapped. He is isolated on this h idden path where he is vulnerable to any evil creature that may come through. These elements of the setting put the fear in Brown, he is thinking anyone could be out there like Indians or the Devil himself. In this society, Native Americans, midnight, and the woods were considered quite sinister. For all of these things to be at hand gives the feeling of danger and moral wrongness for this time. After Brown passes a crook of the road he comes face to face with none other than Satan. The Devil has a staff shaped like a serpent,Show MoreRelatedAnalysis Of The Novel Young Goodman Brown 1708 Words   |  7 Pagesâ€Å"Young Goodman Brown† is a narrative imbued with uncertainty and unease, particularly from the perspective of the story s titular protagonist. These emotions, though present throughout the tale, manifest themselves differently at various points in the story. As the story progresses, Goodman Brown s perceptions of good and evil come together as one, resulting in cri ppling self-doubt. There is a sharp shift in their presence when Goodman Brown and his wife, Faith, return to Salem village from theRead MoreAnalysis Of The Novel Young Goodman Brown 1441 Words   |  6 PagesThe short story â€Å"Young Goodman Brown† by Nathanial Hawthorne is a story in which the main character, Goodman Brown goes into the forest with an evil purpose and later finds out that it appears to be a meeting with the devil. In â€Å"The Man in the Black Suit† by Stephen King, the story is an autobiography about a young boy named Gary who has a frightening encounter with the devil while going on a fishing trip. In both short stories the main character are religious, but a significant difference betweenRead MoreAnalysis Of The Novel Young Goodman Brown By Nathaniel Hawthorne1091 Words   |  5 Pagesparticularly applies to musicians, artists and writers, since they are also humans, but better at expressing themselves. The short story my group and I did was â€Å"Young Goodman Brown† by Nathaniel Hawthorne. A vast majority of Hawthorne’s work is based during the Puritan era. In the short story, â€Å"Young Goodman Brown† the protagonist quests into the forest for a higher truth. While in the forest, he encounters many bizarre acquaintances. At last he is faced with a group of devil worshippersRead MoreAnalysis Of The Novel Young Goodman Brown By Nathaniel Hawthorne879 Words   |  4 PagesIn the story † Young Goodman Brown† by Nathaniel Hawthorne, the author demonstrates the ideas of the dual nature of man, which represented by the character Goodman Brown. He is a religious man who left his wife; Faith, behind to travel into the wood where a devil ceremony is takes place. The allegory of the story is that the innocence of a man can easily be corrupted if that person is not truly believes in his religion. Although, Goodman Brown is innocent, he also a devil himself by following devilRead MoreAnalysis Of The Novel Young Goodman Brown By Nathaniel Hawthorne Essay1679 Words   |  7 Pageseasily fearful. The fear that can overwrite a person’s mind can be found in the short story â€Å"Young Goodman Brown†, written by Nathaniel Hawthorne. In this particular story, the author uses a relatively fair amount of allegory, imagery, and symbolism to bring the story to life and make us imagine the disturbed mentality of those who lived during the Salem Witchcraft Trials. To the stories like â€Å"Young Goodman Brown† are still being reviewed and criticized by those who study his work, including those thatRead MoreNathaniel Hawthorne s The Scarlet Letter1230 Words   |  5 PagesHawthorne perfected his writing and spent this time to help generate ideas for his novels and poems. One of the most well known novels by Nathaniel Hawthorne is â€Å"The Scarlet Letter.† The Scarlet Letter helped Hawthorne†™s career to become one of the most successful of his time. The Scarlet Letter contained passion and strength that all of his other works lacked. However, before his death Hawthorne released one more novel and a collection of articles, â€Å"The Marble Faun and Our Old Home.† On May 18, whileRead MoreSymbolism Of Nathaniel Hawthorne s Scarlet Letter And The Minister s Black Veil 1083 Words   |  5 Pagessin and evil. Like many of his writing counterparts, Nathaniel Hawthorne extensively uses symbolism in several of his major works to explore sin and human nature. The Scarlett Letter, â€Å"Young Goodman Brown† and â€Å"The Minister s Black Veil† are all vivid examples of this exploration and are the focus of this analysis. Before discussing his works, it is important to explore Hawthorne’s background to better understand how they connect to his writing and to his use of dark romanticism. Hawthorne came fromRead MoreThe Heart Is A Lonely Hunter And Nathaniel Hawthorne s `` Young Goodman Brown ``3100 Words   |  13 Pages How does the use of worship in both Carson McCullers’s The Heart is a Lonely Hunter and Nathaniel Hawthorne’s â€Å"Young Goodman Brown† shows that ultimately the void of loneliness can only be filled through connection with one’s self? Candidate number: IB Extended essay Word count: 2,768 Table of Contents: I. Abstract†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..3 II. Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 4 III. Loneliness through incompletion†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦4 IV. IncompletionRead MoreScarlet Letter Symbolism Essay982 Words   |  4 PagesThe Significance of Symbolism in The Scarlet Letter The Scarlet Letter, written by Nathaniel Hawthorne is a gothic satire of the puritan beliefs and value. Nathaniel Hawthorn of a puritan based background wrote various harsh satires such as Young Goodman Brown, and The Scarlet Letter, all based on his ancestral history. Furthermore, in his satires, they all shared a common point in structure and his use of symbolism to develop meaning for his works. With the use of symbolism, Hawthorne is efficientlyRead MoreAnalysis of Three of Hawthornes Works: Solitude and Isolation2063 Words   |  9 PagesAnalysis of Three of Hawthornes Works: Solitude and Isolation Julia Pesaresi Burns 3rd Period Pre-Ap English 20 February 96 Solitude and isolation are immense, powerful, and overcoming feelings. They possess the ability to destroy a persons life by overwhelming it with gloom and darkness. Isolate is defined: to place or keep by itself, separate from others (Webster 381). Solitude is the state of being alone (Webster 655). Nathaniel Hawthorne uses these themes of solitude and isolation for

Monday, May 11, 2020

If Beale Street Could Talk by James Baldwin and John...

Andrew Bernstein, an author and professor of philosophy, once said, Nothing is given to man on earth – struggle is built into the nature of life, and conflict is possible – the hero is the man who lets no obstacle prevent him from pursuing the values he has chosen. Although many people transform into someone they are not and forget what they believe in during challenging times, the true man fights to remain loyal to his morals in the toughest of times. Martin Luther King, Jr.s quote about the true neighbor exposing his real character and virtue in times of challenge and controversy is revealed in James Baldwins novel If Beale Street Could Talk and John Steinbecks novel The Grapes of Wrath. In Baldwins novel, Mr. Hayward sticks to his principles in a time of controversy as he risks his reputation for the good of others; in Steinbecks novel, Jim Casy sacrifices his life for the welfare of others, while refusing to give up his beliefs. As readers witness characters remaini ng true to themselves during hardships, as well as risking a part of themselves to benefit others, they are reminded through the powerful messages in literature to be cautious of their own reactions to distress and obstacles. In If Beale Street Could Talk, Baldwin reveals that the character— in this case, Mr. Hayward—who remains honest to himself and risks his/her reputation for others portrays the true neighbor. For one thing, Mr. Hayward, the lawyer, refuses to accept the racial stereotypes

Wednesday, May 6, 2020

The Impact of Technology on Marketing in Nigeria - 3073 Words

THE IMPACT OF TECHNOLOGY ON MARKETING IN NIGERIA BY EMMANUEL OMOBHUDE IRABOR COMPUTERS AUCHI ABSTRACT With a few exceptions, available literature tends to uphold the view that technology has become a universally relevant concept in every business organization. Some argue that a consistent and positive relationship exists between Marketing and Technology. This paper therefore, proposes that with its effects on marketing, organizations and practitioner can create a symbiotic relationship between Marketing and Technology with the ultimate objective of sustaining or improving current marketing performances of these organizations. Our focus is to examine technology (ies) and it(s) effect on marketing activities and†¦show more content†¦Technology: As the method, process, system and skill that enable an organization to acquire, analyze and use the vast amount of data involved in managing its resources and customers. The technology needs to deliver the right information about the right customer at the right time so that the business can achieve its role in managing its resource s and customers effectively, and efficiently. b. Method: For the technology to be effective there is a need for an understanding of the values, attitudes and behavior of various customers, prospects and stakeholders in the marketing process. This will help the organization to focus on such areas as the effective retention and acquisition of business customers for its long-term benefits. c. Process: Everything should be in a series of actions directed to provide a clear and consistent process for managing customer relations needed to be developed and reviewed in the light of changing customer needs and requirements in modern times. d. Systems: The technology should be able to provide some interacting elements that will form a collective entity. The implementation of the plans and processes that will deliver the value proposition to customer in every transaction must be synchronized and coordinated. e. Skills: The skills expected should involve special ability to perform in a given task. Key elements such as organizational structure should support effective customer management, role identification, trainingShow MoreRelatedEssay on Hygeia Case Study735 Words   |  3 PagesWhat can Hygeia International do to create new revenue streams to take advantage of opportunities in Nigeria? To determine whether to venture into poultry production, retain current business position, or to use poultry production as a sales promotion tool to increase profit E. STATEMENT OF THE OBJECTIVES * Nigeria Expansion†¨ * Mass production of poultry using technology * Two to three years recovery of capital F. AREAS OF CONSIDERATION SWOT Analysis Read MoreThe Impact Of Globalization On Nigeria2115 Words   |  9 Pages Impact of Globalization on Nigeria Ahmet Harun Ãâ€"zdemir BoÄŸazià §i University Author Note This paper was prepared for Program 4, Section 1, taught by Nayat Basma ABSTRACT Expanding information environment which is led by internet, e-mail, free trade and openness and information sciences, have reduced the world a global village. In these modern times, there has been unbelievable alteration in almost all aspects of the society. It is a prevalent belief that globalization holds the keyRead MoreThe Impact Of Women On Tree Planting Activities Throughout Rural Communities Of Nigeria1438 Words   |  6 Pages4.0 INVOLVEMENT OF WOMEN IN TREE PLANTING ACTIVITIES IN RURAL COMMUNITIES OF NIGERIA The role of women and their participation in community forestry and economic development has become a major focus of research analysis and policy decision; undervalued and seldom acknowledged for proper articulation in development plans and policy. Women are actively involved in â€Å"Community Forestry’’ in Africa as they gather, process and market forest resources. Women gather gums, oil, medicinal productsRead MoreThe Effects of Westernization Essay example934 Words   |  4 Pagesparticipating in and leading political changes which toppled Ecuador’s democratic president. In Asia colonial impact is found in the schools as English was favored in instruction, economic policies generated ports, highways, railroads, bridges and other facilities. This infrastructure benefited the Asian nation-states upon their independence. The aggressive westernization of Nigeria is being guided by the United States and other Western countries. An area in which western practices are influencingRead MoreThe Role of Cost Accountants in Small Scale Manufacturing Industries in Nigeria1259 Words   |  6 PagesBACKGROUND OF THE STUDY The preponderance of vast number of small scale industries in Nigeria suggest that the situation offers substantial opportunity for the intensive development and improvement of this sector, with appropriate injections of technology, improved management, efficient marketing techniques and so forth (Echu, 2002). The contributions of small industries to development are generally acknowledged. Small industries face many obstacles that limit their long term performance and invariablyRead MoreImpact of Manpower Training and Development of Workers Productivity in a Manufacturing Company1360 Words   |  6 PagesPROJECT PROPOSAL TOPIC: IMPACT OF TRAINING AND MANPOWER DEVELOPMENT IN A MANUFACTURING COMPANY (STUDY OF CADBURY NIGERIA PLC) 1 INTRODUCTION The management of organization in a globalised economy is posing a serious challenge to the leadership skills, capability and competency of managers at the top echelon of the firms. The manufacturing companies have a more complex task as the workforce is grouped into skilled and unskilled personnel who must be organized in sophisticated and integrated patternRead MoreImpact of Manpower Training and Development of Workers Productivity in a Manufacturing Company1368 Words   |  6 PagesPROJECT PROPOSAL TOPIC: IMPACT OF TRAINING AND MANPOWER DEVELOPMENT IN A MANUFACTURING COMPANY (STUDY OF CADBURY NIGERIA PLC) 1 INTRODUCTION The management of organization in a globalised economy is posing a serious challenge to the leadership skills, capability and competency of managers at the top echelon of the firms. The manufacturing companies have a more complex task as the workforce is grouped into skilled and unskilled personnel who must be organized in sophisticated and integrated patternRead MoreMarketing Audit Guinness Nigeria2245 Words   |  9 Pageslicensed brewing arrangements. In Nigeria it trades under the name Guinness Nigeria and will be referred to as such from this point. Over the past few years Africa has been Diageo’s most dynamic growth region, delivering the highest proportion of its global growth. Guinness is by far Diageo’s largest brand in Africa accounting for over 30% of the region’s turnover and profits. Moreover in the last few years it has consistently delivered double digit growth. Nigeria overtook Ireland in 2007 as theRead MoreProblems and Prospects of Marketing6358 Words   |  26 PagesInternational Journal of Business and Management September, 2009 Problems and Prospects of Marketing in Developing Economies: The Nigerian Experience Sunday O. E. Ewah Alex B. Ekeng Department of Business Administration, Cross River University of Technology Ogoja Campus, Nigeria Tel: 80-5901-4300 Abstract The study takes a holistic view of some of the problems facing marketing in developing economies, such as low marketing education, preferences for foreign products and low patronage for non-essential productsRead MorePoverty And Its Effects On African Nation1353 Words   |  6 Pagesmuch like Nigeria but it does take a toll on the smaller nations and the large debtor nations. There are large amounts money being used in Africa for developments of mega projects. Ghana is the richest country in Africa, it obtained it independent after a few years later they had no foreign reserve. And which turned out to be a big waste. Africa has cheap labor available which has encourage inefficient agriculture and industrial practice that left the impoverished. The Republic of Nigeria population

Health Care Reform Free Essays

The 13th amendment was one of the most influential amendments to have ever been passed in our country. The passing of this amendment meant an ending to slavery and with that, an ending to an entire way of life. The Southern States that seceded from the union were forced to free their slaves and pass the amendment as part of their being allowed back into the union. We will write a custom essay sample on Health Care Reform or any similar topic only for you Order Now The south was then forced to find a new means of supporting themselves and working their cash crops. With this amendment passed, the African Americans were finally free. Although racism and segregation still played a major role in their lives, they were no longer forced to work as slaves. I hope that by reading this essay you will learn how much the 13th amendment has shaped our lives and this country today. The 13th amendment, which formally abolished slavery in the United States, passed the Senate on April 8, 1864, and the House on January 31, 1865. On February 1, 1865, President Abraham Lincoln approved the Joint Resolution of Congress submitting the proposed amendment to the state legislatures. The necessary number of states ratified it by December 6, 1865. The 13th amendment to the United States Constitution provides that â€Å"Neither slavery nor involuntary servitude, except as a punishment for crime whereof the party shall have been duly convicted, shall exist within the United States, or any place subject to their jurisdiction. The 13th amendment was passed at the end of the Civil War before the Southern states had been restored to the Union and should have easily passed the Congress. Although the Senate passed it in April 1864, the House did not. At that point, Lincoln took an active role to ensure passage through congress. He insisted that passage of the 13th amendment be added to the Republican Party platform for the upcoming Presidential elections. His efforts met with success when the House passed the bill in January 1865 with a vote of 119–56. With the adoption of the 13th amendment, the United States found a final constitutional solution to the issue of slavery. The 13th amendment, along with the 14th and 15th, is one of the trio of Civil War amendments that greatly expanded the civil rights of Americans. Before researching this, I did not even know that the abolishment of slavery was even in the constitution. I learned that slaves were still not even free after the abolishment of slavery. They faced many hardships along the way, but ultimately this is why we are free Americans today. Most of my sources came from this historical document itself. How to cite Health Care Reform, Papers Health Care Reform Free Essays string(72) " all of the weight of this reform implementation will be on the states\." Basic overview of health care reform (3 articles):The Health Care Reform is making a huge economic impact as it has very important  insinuations when it comes to the US economy. Hence it is important to understand what is going on with this topic. In  Ã¢â‚¬Å"Health care reform stands: How it impacts your coverage† by Parija Kavilanz, it states that the Supreme Court supported the health care reform meaning that it is obligatory for people to purchase coverage by 2014 and if not they will have to be fined. We will write a custom essay sample on Health Care Reform or any similar topic only for you Order Now Hence by 2014, this will affect uninsured persons because they will have to purchase coverage by either doing it personally, by their employer’s offered health plans or by a health insurance exchange. If they decide not to purchase coverage then a tax penalty would apply, for example when 2014 arrives, if an individual has not purchased coverage than the penalty fee will be $285 per family or 1% of their revenue (they will have to pay the higher one). By 2016, the penalty fee will increase drastically to $2,085 per family or 2. 5% of their revenue, paying the higher one. In the intervening time, the people that are insured will still benefit from the significant things that are offered by the law. This includes things such as full coverage for preventive care and for grownup dependents of up to 26 year of age. However, this is possible because of the personal greater expenditure. Today in the US, greater than 50% of everyone (about 160 million people) acquire their health insurance straight from the company they work for and with this law in place by 2014, employers with greater than 50 full-time workers will be obligated to offer health insurance and if not they will have to pay fines. For the remaining people, 50 million of them don’t have coverage and the other millions purchase coverage personally through a private insurance or obtain coverage from the government though plans like Medicaid or Medicare. In  Ã¢â‚¬Å"How health reform may help †¦ or hurt,†Ã‚  by Jeanne Sahadi, it explains how this reform in  health care can have huge impacts. Citizens in the US are being informed that this health reform is a correct objective and that it will help the economy. Obama had stated that this reform does not pertain to the problems when discussing the fiscal future but that it is part of resolving issues. However, the issuer is that the US health care expenditures are way more than other established countries and yet the cost and what get out of it does not match up. Temporarily, many citizens don’t have enough money for coverage or their coverage that they do have does not cover sufficiently their medical charges. In Washington discussions are often raised to talk about the possible outcomes and options for this issue. In the past 40 years, the cost for health care expenditures has gone up quicker than inflation and incomes. Currently, the US’s government, companies and people, devote greater than 16% of its GDP on health care, which according to Kaiser Foundation is about $7,421 per individual. Furthermore, the US’s high debt is also because of the growing health care costs, which increases federal expenditure on Medicare and Medicaid. However, if the health reform does work, as time goes by it would cover its own cost as well as decrease health spending without conceding quality and deliver inexpensive, accessible care for everyone. Lastly, they have to think about if the health reform fails. All these  Ã¢â‚¬Å"what ifs† are essential because one key point of why complete health reform has been an indecisive process is  that  it is very hard to  uncover how to do it well. In â€Å"What the Supreme Court ruled on health care ‘tax’†Ã‚  by  Josh Levs, it discussed how the Supreme Court finds that consequences that the law puts on individuals that do not purchase health insurance amount as a constitutional tax protection while Obama claimed that the fees should be reflected as a penalty. Meanwhile, the high court did not agree with Obamas view point. The court said that the law does not require other penalties for negation to purchase health coverage and hence there will be about 4 million individuals per year that will rather have the IRS fee instead of purchasing coverage. Furthermore, the court highlighted that it was not upon if this command was the right thing to do but because the Constitution allows this type of tax, hence it is not the courts part to prohibit it. In summation, it is important to understand the health care reform as discussed in these articles, as it has a huge impact on the country. Health Care Reform’s Effect on Business  (http://www. accountingtoday. com/news/):  Ã‚  Ã‚  This article explains the opinions that very influential accountants have towards the health care reform and its effect on the economy as it’s  becoming a very important topic in the elections as well as to every day businesses that have considered this issue and because of it have hindered business decisions. One of these influencers is Mark Albrecht, CEO of XCM Solutions. He explained that every business will now have to see if it is convenient to keep providing health coverage for their employees or to pay the fine while the employees buy their coverage from a private insurance company. He believes that since the fines are not that high, that there can be many companies that will prefer not offering health insurance, which is the opposite of the objective of the health care reform law. Hence, insurers have a lot of work ahead of themselves because of the fact that customarily they do not sell coverages to individuals and being that health insurance exchanges are a new notion. As for health care providers, the impacts to them of this reform will fluctuate since they will have to demonstrate that they are providing superior care and if not it is likely that they will get a compensation cut. For state governments, almost all of the weight of this reform implementation will be on the states. You read "Health Care Reform" in category "Essay examples" The states will be responsible for arranging the health insurance exchanges as well as management for the programs. Therefore, a lot of states are questioning the constitutionality of this reform as it interjects the states’ rights. As for the taxpayers, this new reform doesn’t have an established or authorized method to monitoring the increasing health care costs. Health care expenditures are anticipated to keep on growing and hence will become a worry for many citizens in the US and for businesses as well. With no regulatory system of this increase in health care costs, it will be very challenging for the federal government to reduce the deficit and diminish the national debt liability; hence there will still be a huge economic crisis. Why Reform Health  Care (http://useconomy. about. com): The U. S. devotes $2. 5 trillion to its health care system, which is the highest contribution within other developed nations. This is because the majority of the expense derives from the first and last days of a lifetime. A huge progress and a lot of research has been conducted in order to save premature infants and very ill seniors and this has been very expensive. Also there is an increase of malpractice lawsuits, as doctors sometimes rather prefer to conduct unnecessary expensive tests instead of getting sued later because they had not conducted the test. Furthermore, it is very expensive in the US because there is less price competition than in other industries as people simply have a fixed charge (co-pay). Health care costs keep on increasing and hence there is a need for a reform. Other reasons for a reform is to increase the superiority of care and to cover the 25% of citizens that have minimum or no health coverage to refuge their medical expenditure as each year more than 101,000 Americans pass away for not having coverage. This threatens the economy as half of all bankruptcies are of medical expenses. Furthermore, a reform would be needed to stop the  financial expenditures of health care fraud. In 2010, when the  Patient Protection and Affordable Care Act  law came about, it gave coverage to individuals with present illnesses, kids, and individuals who had lost their jobs. It offered  aid  to  small businesses, elders with high medicine expenditures, and capital to help the scarcity of doctors. The overheads of this was planned to be balanced by having greater payroll taxes, greater charges to medicine companies, and less expenses to infirmaries and clinics. With this act, greater than 600,000 young individuals are now covered, as individuals of up to 26 years of age are insured under their parents’ coverage, which benefits the insurance companies. Also a Kaiser survey found that greater than 46% of small businesses, compared to 2010, had health care benefits. With an increase in small business with coverage for their employees, there are less bankruptcies as well as improved credit scores and greater consumer  demand which permit greater spending, hence stimulating economic growth. Opposing Views: Voices on Health-Care Reform: Eric Ries, in â€Å"Why the New Health-Care Law May Encourage Entrepreneurship,† explains that as an entrepreneur, he was aware that if his company didn’t succeed , he could always attempt something else. Hence, he always thought the actual risk of financial loss would be from the probability of a severe sickness that wouldn’t be covered by his insurance. However, these fears were overcome because at the time he began as an entrepreneur, he was young, healthy, and with no family to provide. Most successful entrepreneurs are in their forty’s and need to provid their families to health insurance. Hence, the Kauffman-RAND Institute for Entrepreneurship Public Policy conducted a study indicating that entrepreneurship increases as prospective entrepreneurs become capable of getting Medicare. He believes that for there to be greater entrepreneurship, there has to be policies that decrease the price of failure so that more individuals are capable to be â€Å"start-up founders† and that the Health care reform is part of the answer to make this happen. On the other hand, Rose Corona in â€Å"Why the Health Care Law May Be a Harmful Prescription for Entrepreneurs† emphasis that ObamaCare is a catastrophe for small businesses. She believes that this tedious, unclear and costly law will not help the economy. As a small businesses owner that doesn’t provide insurance to her employees, she doesn’t see the fairness of proposing her 30 employees a coverage if it means her business would go bankrupt. Also, she believes that with this reform, small businesses will maintain their employee count below the 50 employee minimum prerequisite to remain excused from offering health insurance hence this will create less jobs and expansion of businesses. So this will have small businesses considering to either increasing their prices to be able to offer health care to their workers or to reduce benefits to hence maintain competitive prices. Rosa clearly does not agree with this reform. Businesses Ponder Impact of Health-Care Reform: The Supreme Court has been dealing with opinions over the topic of obligating all Americans to buy health coverage because the reform states that in 2014 businesses with greater than or equal to 50 employees will have to offer health insurance or pay a fee of $2,000 per employee. About 96% of all U. S. Small Business have less than 50 employees. Many questions have risen such as are part-time or seasonal employees part of this reform, is it less costly to pay for health coverage or the fee and what is the minimum of coverage that has to be provided? David Keiter, the owner of Yellow Van Cleaning, a carpet cleaning business with currently 48 workers is putting off hiring more employees until he sees what happens to this reform and many businesses are going through the same. He says that prosperous small businesses are about performing in â€Å"better, faster and more efficiently† ways and that with â€Å"complicated regulations,† it is just â€Å"an obstacle† in the way of achieving this goal. The Economic Effect of Health Care Reform on Small Business and their Employees:Small businesses in the US compromise a great part of the country’s economic world. However, small businesses are strictly underprivileged with the existing health care system. The Council of Economic Advisers conducted a study that showed that small businesses are very important to the economy and are a huge foundation of the US job evolution as they are the mainstream of business start-ups, hence very crucial when it comes to the topics of innovation and fiscal progress. Also, it showed that the health care now does not function very well these small companies as well as their employees as there are hefty taxes enforced. The health care reform would help small businesses to buy health insurance through an insurance exchange which offers a huge amount of coverage options at a lower price and for small businesses that offer health coverage to their workers, they will get a tax credit to ease the excessively costs and therefore make them want to offer coverage. This establishment of the insurance exchange will deliver improved and lower price alternatives for employees that currently do not receive insurance from their job. Moreover, health insurances will not be able to judge who to give insurance because of present illnesses. The reform can also help grow the entrepreneurial movement by potentially increase the amount of workers that would want to work for a small business and can decrease â€Å"job lock† of when employees are scared to quit their job because of terror of finding inexpensive health insurance. Only the small business that cannot or will refuse to offer health insurance will endure a huge cost. Papa John’s CEO Says Health Care Reform Law Will Increase Price of Pizza:Papa John’s CEO John Schnatter stated that people should anticipate for pizza orders to be more expensive by 2014 because of the health care reform. The estimate for this reform per pizza is about an additional 11 to 14 cents. In a company meeting, he informed the company that its approach would be to impose the additional expense onto customers in order to keep the shareholders of the company at their best benefit. They also commented about how this reform might have a undesirable influence as the company and its franchises might have to offer health insurance to their part-time employees which is something they don’t always do for certain part time workers. This also applies to other employers and a study by Mercer L. L. C. said that about 46 percent of hospitality businesses will experience greater health insurance costs by about 3 percent by 2014. Cogent statement: After reading the articles summarized above and getting a better understanding of the health care reform, even though many of the articles oppose this reform, it might not be such a negative approach for the country but instead in the long run, I think that it will have a positive change. A lot of thought has been put in this reform and there are reasons of why it includes specific details. With the study conducted by the Council of Economic Adviser, we can have an idea of the economic influences that this health care reform will have on the US economy as a whole. They approximated that by reducing the yearly increase in health care costs by 1. 5 percent, then this would give rise to the real GDP. Hence, with a decrease in the growing rate of health care expenditures, the revenue gains are slightly minor, but still significant. Also, decelerating the growing percentage of health care expenditures will avert the devastating increases that we see in the Federal budget deficit as well as decrease the unemployment levels. Furthermore, offering health insurance to those without coverage would increase the net financial welfare by approximately $100 billion per year. The health care reform will possibly also rise employment and eliminate preventable obstacles to work mobility. In the article â€Å"Health Care Reform Bill Summary: A Look At What’s in the Bill† on CBS News, it informed that the cost of this reform would be about $940 billion in ten years, but that the deficit would decrease by $143 billion in ten years after implementing it. This reform would offer health insurance to about 32 million people in the US, who presently do not have coverage. For the people with no insurance or for those who are self-employed, they will be capable of obtaining insurance by going to their state insurance exchanges. There will also be subsidies accessible to people as well as their families if their revenue falls in the 133 percent through 400 percent of the Federal Poverty Level. For small businesses, distinct exchanges would be formed to buy insurance which will be in live in 2014. As for small businesses, with the present health care system of the country, they spend significantly more to offer coverage to their employees. Normally, small businesses spend about 18 percent extra on health insurance than bigger businesses. Hence, How to cite Health Care Reform, Essay examples Health Care Reform Free Essays The present healthcare system compared with other developed nations is currently spending more for healthcare. In 2005, the U. S. We will write a custom essay sample on Health Care Reform or any similar topic only for you Order Now spent 15. 3% of its GDP for healthcare compared to the average 9% of others in the first world (ACP, 2008). However, despite greater spending and a wealthier economy, the number of uninsured and underinsured is still high with 47 million at present. Not a few hospitals have complained that the rising number of uninsured they serve is leading to greater financial struggles to maintain operations. The greater national spending can be attributed to the more frequent use of technologies in the U. S. that other countries may regard as luxury (ACP, 2008). In addition, there is a marked shortage of healthcare workers. The aging healthcare workforce attests to this. There seems to be no incentive given for individuals to gain education in this field and current workers face a lot of difficulties as they perform their jobs. They are not rewarded for conducting preventive services but are greatly remunerated if the number of people seeking medical services increase. These problems exist because of the lack of regulation on healthcare and its related industry. Other countries exert more effort to regulate this area which has a great impact on the health and well-being of their citizens. The greatly market-oriented and profit-based healthcare system in the U. S. leads to the benefit of pharmaceutical companies and greater individual expenses for those who can afford it while denying access to the underprivileged (ACP). Clinton, McCain and Obama have presented their own versions of healthcare reform which are mainly anchored in increasing the access of the uninsured to healthcare. However, none have gone to a detailed outline of how exactly they can implement these once elected. This may be because garnering the most votes is more important than presenting a definite and concrete stand on such a complex issue which may turn off some sectors of society. How to cite Health Care Reform, Papers

Driverless Car free essay sample

Daniel stated in the article that â€Å" your automated car isnt sitting around getting distracted, making a phone call, looing at somthing it shouldnt be looking at or simply not keeping track of things,† googles car adheres strictly to the speed limit and follows the rules of the road. If you could truly trust the intelligence of the vehicle, then you could get in and do your work while you travel, says Lynee Irwin, an engineer and director of the local roads program at cornell University, and then is quoted saying â€Å"That would stretch my day, it would make me more productive. Daniel continues to say traffic usally slows when the volume of cars on the road increases because drivers slow to accomadate the narrowed distance from the car aheadof them. â€Å"you could get a lot more people moved at higher speed on an existing road way,† he says â€Å"congestion would be somthing you could tell your grandchildern about, once upon at time. We will write a custom essay sample on Driverless Car or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page † He then goes on to say it would benifit non mobile people e. g dislabled, â€Å"They can see the personal automobile as a service provider. He then goes on to talk about using the car a a personal carridge vehicle to do the â€Å"school run,† and for â€Å"long distance driving. † Also googles car is a modified version of toyotas prius, but they say â€Å"When you get to a technichal change, the first thing we do is mimic what people are familiar with and comfortable with. † â€Å"People like to look out the window so i suspect we’ll keep windows in some shape, but maybe they dont need to be quite the way they are now. If cars arent going to hit each other, maybe we dont need bumpers. † Evaluation: To start off the writer of this article has picked his words so that it’s all the good points of this idea but has failed to point out the negatives! Yes there is some good ideas to the self driving car for safe driving, yes it eliminates driver error, road rage and many more but in my opinion taking the drivers control away we are now going to be solely relying on computer based technology which in my mind has more potential to go wrong! These cars are going to have a lot of sensors and wires and if any of these fail from both ware and tear or from weather like rain dampness there can possibly be fatal consequences, also. † Another statement from this article is the â€Å"No more school run† yes the way this is put across is very appealing but as a parent myself I would worry about my child walking to school them self’s never mind putting them in a car on their own. Yes they MAY make our roads safer but there is always going to be accidents on our roads because there is no possible way to take away human error or computer error! I’m my mind to make roads safer we need to as drivers sort this out we cannot rely on computers but most of all we would lose out on the fun and enjoyment that comes from sitting in your pride and joy and driving until your heart’s content! In my opinion this article did not persuade me to go for the idea of a driverless car, the writer was very biast and did not put across both good and bad points so i would not recomend reading this article if you were intrested in the idea. Written by Chris Wallace

Friday, May 1, 2020

Comparison of Performance of Two Listed Companies

Question: Discuss about the Comparison of Performance of Two Listed Companies. Answer: Introduction AGL Energy Limited AGL is a 175 years old Australian company. It is the first listed company of Australia. It provides the reliable, safe and affordable energy options. It generates and distributes gas, electricity, solar panels, manufactures related products and provides services. It operates in four business segments; Retail, Merchant Energy, Upstream gas and Energy Investments. It is a big company having staff of 2968employees. It has plants to produce energy through renewal resources like hydro, wind, solar, landfill gas and biomass. Genesis Energy Limited It is a listed public company of New Zealand. It produces electricity and distributes electricity, Natural gas and LPG. It is the third largest electricity generation company of New Zealand. It operates since 1999. It has plants to generate hydroelectric, thermal and wind energy. Their names are Huntly Power Station, Tongariro Power Scheme, Waikaremoana Power Scheme, Tekapo Power Scheme, Hau Nui Wind Farm. It is a growing company having 650,000 customer connections across New Zealand. It has 31% stake in the Kupe Joint Venture, which owns Kupe oil and gas field. Ratio Analysis and Interpretation We can analyse the financial performance and position of the companies by calculating various ratios. Calculations and Inputs are shown in appendix. Net Profit Margin This ratio measures net profit as a percentage of sales. AGL: Net profit margin of AGL is 5.46 in 2014 and 2.04 in 2015 i.e. almost half of the previous year. This is a negative sign. Reason is that operating expenses and depreciation has been increased from last year. Genesis: Net profit margin of Genesis for the year 2015 is 5.04 i.e. almost double of the last year. The reason is increment in net profit because of Change in fair value of financial instruments and slight decrement in operating expenses. Return on assets It measures the net income produced by total assets during a period. It is calculated by dividing net income to the average total assets. It calculates a return on investment made by the company in Assets. High ratio is better. AGL: Return on assets of AGL is 4.15 in the year 2014 and 1.45 in 2015. Reason is decrement in net profits. Moreover company has purchased some assets during the year. Genesis: Return on assets of Genesis is 1.39 in the year 2014 and 2.93 in 2015 i.e. almost double of the last year. The reason is increment in net profit because of Change in fair value of financial instruments and slight decrement in operating expenses. This is a good sign. Current Ratio - It measures firms ability to pay its short-term liabilities from current assets. It should always be more than 1. High ratio indicates that the firm has more than enough assets to pay its short term liabilities. AGL: Current Ratio of AGL is 1.63 in the year 2014 and 1.46 in 2015. Reason is increment in current liabilities on account of borrowings and provisions. Genesis: Current Ratio of Genesis is 1.45 in the year 2014 and slightly decreased to 1.12 in 2015. The reason is decrement in Receivables and prepayments and high increment in borrowings. It can be taken as a negative sign. But on the other hand it can be said the company is using its resources more efficiently as compared to previous years. Quick Ratio It measures the ability of a company to pay its current liabilities with quick assets. Quick assets mean those current assets that can be converted into cash within 90 days or in the short-term. Quick ratio is also called the acid test ratio. High Ratio is better. AGL: Quick Ratio of AGL is 1.54 in the year 2014 and 1.29 in 2015. Reason is increment in current liabilities on account of borrowings and provisions, decrement of quick assets on account of cash and cash equivalents. Genesis: Quick Ratio of Genesis is 1.05 in the year 2014 and decreased to 0.78 in 2015. The reason is decrement in Receivables and prepayments and high increment in borrowings. It can be taken as a negative sign. But on the other hand it can be said the company is using its resources more efficiently as compared to previous years. Debt Equity Ratio - It compares company's total debt to total equity. It shows the percentage of financing that comes from outsiders. A higher ratio indicates that more outside sources are using for funding requirements. That is not a good sign. AGL: Debt Equity Ratio of AGL is 0.48 in the year 2014 and 0.39 in 2015. Reason for this improvement is decrement in the amount of debt. Genesis: Debt Equity Ratio of Genesis is 0.52 in the year 2014 and slightly decreased to 0.46 in 2015. The reason is decrement in the amount of outside debt. Equity Ratio It is the ratio of equity over Total Assets. This ratio implies the part of assets financed by equity i.e. insiders fund. High ratio is better. AGL: Equity Ratio of AGL is 0.54 in the year 2014 and 0.56 in 2015. Reason for this positive change is increment in equity amount and decrement in debt amount. Genesis: Equity Ratio of Genesis is 0.52 in the year 2014 and remains unchanged in 2015. Ratio is average as about 50% assets only are financed by equity. EPS EPS stands for earning per share. This is the ratio which calculates the earnings attributable to each equity share. AGL: EPS of AGL is 1.02 in the year 2014 and reduced to 0.33 in 2015 because of reduction in net profit. Genesis: EPS of Genesis is 0.05 in the year 2014 and increased to 0.10 in 2015 i.e. double. Reason for such change is increment in net profit. DPS - DPS stands for dividend per share. This is the ratio which calculates the part of earnings distributed on each equity share. AGL: DPS of AGL is 0.74 in the year 2014 and increased to 0.90 in 2015. Genesis: DPS of Genesis is 6.6 in the year 2014 and increased to 8 in 2015. Reason for such change is increment in net profit. Comparison of both the companies If we compare year 2015 figures of above two companies, the Net Profit Margin, Return on Assets, Current Ratio, Quick Ratio, Equity ratio, EPS, DPS of Genesis Energy Limited are much better then AGL Energy Limited. As per above ratios Genesis is a rising company. Conclusion On the basis of above analysis we would recommend to invest in Genesis Energy Limited. Genesis Energy Limited shows an increasing trend of profit. It has High returns on investments. Genesis is better than AGL. References com,(n.d.), Introduction of AGL, ,[online], Available athttps://www.agl.com.au/about-agl/who-we-are [Accessedon 26 August 2016] co.nz,(n.d.), Introduction of Genesis, ,[online], Available athttps://www.genesisenergy.co.nz/about-us [Accessedon 27 August 2016] org,(n.d.), financial ratios, [online], Available at https://en.wikipedia.org/wiki/Financial_ratio [Accessed on 27 August 2016]