With Detailed Analysis of the Return of the Soldier

Victorian literature superficial beauty is disapproved of, in this case Kitty; who represents the order of pre-war Edwardian England, an order destroyed by the war in the excuse of Chris' illness. West swiftly moves the novel along as Chris slowly retrieves his memory; Kitty Is a very devoted wife who when realizing that Chris has forgotten her and is yearning another, she in turn feels empowered which makes him feel conflicted and confused. He finds comfort and confides in his cousin Jenny who is the first person narrator.HIS shell-shock caused him to go fifteen years back In his memory, and to vive In a time where he was most content and In love with Margaret -? his ex love. It seems that as he retrieves his memory and the more he remembers, the more difficult it becomes for Kitty. The characteristics of shell shock prove it difficult for Margaret, Kitty, and Jenny to come to terms with. West's portrayal of all three women is first person, as West writes of the relationship between Jenny (West herself), Kitty- the wife of Jenny's cousin Chris, and Margaret, who was the love of Chris' life before he went to war.Jenny is portrayed in the novel as being quite poetic, In the sense that she's very aware of her own environment and tauter as references are frequently used such as â€Å"in the old days a fat fist would certainly have been raised to point out the new translucent glories of the rose- buds† (P. II). From Jenny's descriptive interpretations, such as this, it appears as though everything In her life is beautiful. However, as the novel develops we notice that these observations can also be quite dark. As with â€Å"because a lost Zeppelin sometimes clanks like a skeleton across the sky above us† (P. 5) and again with â€Å"All the inhabitants of this new tract of time were his enemies, all its circumstances his prison bars. † (P. 62). It can be said Jenny's prose was reflective of particular moods she was In during the course of the no vel. Jenny Is presented as kind, caring, shrewd and quietly observant, yet wary, perhaps justifiably. Jenny sits in a quandary between FIFO near emotions toward K Ana Margaret. Consequently, seen Tints It problematic Ana resorts to oxymoron's, such as â€Å"He wore a dreadful decent smile† (P. 187) referring to Chris when Margaret presents him with some of his son's belongings.In conclusion to the analysis of Jenny, she is the person in an awkward situation whereby she feels duty-bound to maintain the status-quo between the other parties. In other words, all she really wants is for everyone else to be happy regardless of her own feelings. Jenny as the narrator could be described as the keeper of everyone else's secrets, the trustworthy and dependable character whom people could confide in. Kitty is the second woman in the novel who has a completely different character. Although she doesn't come across as vain, Jenny never ceases to describe Kitty's beauty and appearance.Jenny doesn't fully describe her own true feelings about Kitty which makes it difficult for the reader to fully analyses Kitty's character. Early in Chapter One we are shown how Jenny portrays Kitty and how Jenny is treated by Kitty. It is apparent that Kitty is often quite demanding of Jenny, for example, â€Å"Come here, Jenny. I'm going to dry my hair† (P. 1 1), and on passing Jenny a tortoise-shell hairbrush, â€Å"Give it a brush now and then like a good soul. But be careful. Tortoise snaps so† (P. 12). Kitty almost treats Jenny like a servant, and Jenny is always accommodating.There is no reference made to Kitty ever having done any work, although West makes a strong point about Chris' father having acquired Baldly Court ND after his death Jenny informs us that Chris had Baldly Court re-built. Chris was more than financially capable of managing the property. Throughout the novel Kitty is portrayed by Jenny as being rather selfish, conceited, self-absorbed and contempt uous of the lower classes, which comes to the reader's attention when Kitty encounters Margaret. Jenny herself first Judges Margaret by her appearance â€Å"Her body was long and round and shapely' (P. 5) and â€Å"She was repulsively furred with neglect and poverty, as even a good glove that has dropped down behind a bed in a hotel and has lain undisturbed for a day or two† (P. 5) this represents the class difference but it seems it was Kitty's influence on Jenny's attitude that shaped Jenny's opinion of Margaret at first glance. It's apparent that Kitty is very superficial. Essentially Kitty couldn't understand for the life of her why Chris would want to be with Margaret when such a pretty woman like herself was available for him.The era has a lot to do with the novel, with regard to social status which was very prevalent at the time; a way in which social class is explored in the novel is through Margaret. Even though Margaret is first portrayed as a beggar in the novel i nstead of a sincere Oman with moral principles, Jenny assumed she was groveling and says â€Å"in which this woman butted like a clumsy animal at a gate she was not intelligent enough to open† (P. 31) here Margaret is compared to a dog, useless and inept.Again we see an example of Kitty's attitude towards who she considers to be of lower order where she says Mimi have read in the Harrow Observer or somewhere that my husband is at the front, and you have come to tell this story because you think that you will get some money. Vive read of such cases in the papers. † (P. 33) consequently as a result of Kitty attitude, Jenny felt as indifferent towards Margaret as Kitty did. Margarita's overall demeanor is one of a person who is polite, well-mannered, intelligent, caring, considerate and genuine.As we know Margaret is married as with â€Å"l suppose I ought to say that he isn't right in his head and I'm married-but Oh! † (P. 95). As the novel develops we can see Tana t Margaret Is ten savior AT snarls Ana Trot ten Sleekness AT her heart goes out of her way to be of assistance in his recovery. The class difference is highlighted indirectly when Margaret says cried Margaret, glowing. â€Å"She just have a lovely nature† (P. 96) she had no malice towards Kitty even after Kitty treated her no differently to one of her servants in Baldly Court, and this in effect shows Margarita's sincere nature.Although all three women struggle to understand Chris' predicament, Kitty was proven to be everything the reader interprets her to be, pompous with delusions of grandeur. Conversely, Jenny is the third party balancing between her cousin's wife and his ex lover who innocently sets out to please everyone. Margaret inevitably is concerned for Chris' health and recovery, and is the mediator at the end who suggests presenting Chris with belongings of his dead son, having lost a son herself of the same age as Oliver.Kitty's negative attitude persists through the novel but doesn't affect Margaret. When the items of Chris' dead son are shown to him by Margaret, his distant and cloudy outcome that has been created from his experiences of war suddenly disappear and he is â€Å"cured† of his amnesia and he returns to reality. Along with his recovered memory he puts Margaret in his past and now remembers Kitty as his wife so in turn the emotional interactions of characters in the story change. The irony is that all three women lost a person that they each Ovid in different ways.Keith Douglas Unary 24, 1920 – June 9, 1944), was an English poet who is known for his war poetry during World War II. Undeniably after reading The Complete Poems I get the impression that he has a negative attitude towards women. Additionally from researching his early days it is apparent that his mother struggled financially, and there is no mention of his father. I personally think that after reading about his ex partner Whinnying who refused to take his hand in marriage, and his failed relationship with Millennia Guttered Penny, may well have distorted his view of women which is sometimes reflected in his poetry.A reference to this assumption can be found in the poem ‘Cairo Jag' whereby Douglas is in a brothel and the poem opens with the line, â€Å"Shall I get drunk or cut myself a piece of cake†. His use of the term â€Å"piece of cake† in reference to the prostitutes around him adds to his obvious misogyny. He seems to suggest that women are deluded in thinking they are something they're not and uses very negative language towards them such as the women he sees on the streets of Cairo, â€Å"The women offering their children brown- paper breasts dry and twisted, elongated like the skull, Holiness's signature.At this point the poem sounds more like a rant, as if Douglas is disgusted rather than sympathetic for these women in such a state of poverty. The portrayal of women or in this case â€Å"woman† in an Egyptian Tea Garden, firstly she is seen as a fish. It is said the fish represents Christianity, and that different fish symbolism different things, but the fish in general holds a range of different symbolic meanings including femininity, eternity, happiness, creativity and knowledge. This is the essence of the poem; the fish is how the woman is presented. The poem is about a Dialectal woman Ana near power to seduce Ana annulated men AT any age.Douglas appears to be trying to demonstrate that woman have power too; The author uses metaphors and similes by comparing the woman â€Å"as a white stone† which represents purity, and men as fish â€Å"A cotton magnate/†¦ A crustacean† to show how man's behavior is like that of any other animal species or as conventional as fish. The poem could be arranged into four segments. The first stanza introduces the â€Å"sly' woman and her purposeful position as â€Å"she draws down the fish†. Douglas describes t he woman moving along into section two it is clear that it describes the witnesses which are men, and section three discloses which man she picks.The first section of the poem has a reasonably gentle tone which is maintained through the whole poem, describing a very beautiful woman. The second stanza introduces the second speaker of the poem which is the most â€Å"important fish†. Part two is sarcastic but natural, mixing the duties of the male with oceanic life. The third stanza introduces the men who gaze on the woman's beauty. It has a very strong, bitter undertone. It shows the woman is concerned with the wealth of the man she chooses rather than is beauty or personal qualities.The fourth stanza switches back to the original speaker of the poem and concludes the woman's choice to which one of the men she chooses or does not choose. The manner of the poem varies in the different sections and begins with a most intriguing title- â€Å"Behavior of Fish in an Egyptian Tea-G arden† which sounds somewhat like a documentary and quite disconnected, dry, cold and formal. The tone of the poem is interesting throughout, Douglas uses soft and delicate language in the first section, it consists of seven stanzas of four lines each.

East of Eden: The Discovery of Innocence

The Discovery of Innocence on the Western Frontier What happens in the West? What kind of change takes place when an individual crosses over the boundary separating what has been settled from what has yet to be † the frontier. Over the last few weeks I have continued to probe the idea of the West as a place that has yet to be defined. Many times, authors and people are not even sure where it starts as it is an invisible border that exists only in the minds of those who seek to cross it.Once across this ambiguous frontier, the traveler ncounters a place in which time seems to be suspended. As in the story of the Garden of Eden, paradise (or the West) represents a sphere in which God has held the hands of time, and the people and creatures live in a state of eternal sameness. The idea of ghost towns in the West embodies the notion of a place somehow being removed from the influence of time. Ghost towns exist as settlements that people forgot. However, unlike settlements in the Ea st where space is at a premium and any unused building would quickly be removed and replaced by something else, in theWest these places remain, like footprints on the moon where no erosion of time can disturb them. The same principle applies to people. The West has the effect of amnesia upon the minds of those who partake of it. In many ways, it resembles the lotus flowers from The Odyssey. In the epic, any persons who tasted of the lotus flowers immediately forgot about home and opted to stay where they could partake of the flowers. A similar effect can be found among the mountain men and explorers of the Rocky Mountains.Often times these men would become so intoxicated by the rugged eauty and isolation they found in the West that they would spend years in the mountains instead of the months they had planned on. These men became real life Rip Van Winkles, being suspended from time for so long they were not aware of major events such as presidential elections, new territories, or wa rs. Not only is the West edenic in the way that time operates, it is also closely tied

The Sovereignty of American Indians and the Mainstream Community: Is There a Possibility to Coexist?

Nowadays we often hear the word ‘sovereignty' when it comes down to the issues related to American Indians. Sovereignty and related words such as self-sufficiency, self-determination and personal responsibility are everywhere. It's nothing new. Indian tribes long have regarded their status as sovereign nations as allowing them special permission to determine their own laws, customs and ways. They see this as something assured them by the U. S. Constitution, innumerable treaties (by the way, sometimes broken or ignored by whites), federal-court decisions and legislation.What gives sovereignty new currency, however, is an idea in Congress that in the future the tribes could make the subject to lawsuits from private citizens, while now they aren't. It raised a contentious question whether the sovereignty issues of American Indians form any problem for the larger society. To reply this question, it is useful to consider what Indian sovereignty means in modern interpretation and how it affects the mainstream society.It is common knowledge that three fundamental principles underlie the nature of American Indians' tribal powers: tribes originally possessed the powers of sovereign states; conquest terminated external sovereignty; this restriction did not affect the internal sovereignty of the tribe and its powers of local self-government. Thus, sovereignty is inherent to American Indians, and their privileges with respect to court trials, taxation and some kinds of businesses like gaming and fishing within reservation lands could not be considered as violating the rights of non–Indians. From the other standpoint, self–government implies approval by the U.S. authorities that a certain measure of tribal decision–making is essential but that this process should be monitored carefully so that its outcomes are compatible with the objectives and policies of the larger political power. It means that American Indians' sovereignty is not absolute, and it is logical, as the Indian tribes are subject to the laws of the U. S. A number of critics of Indians' sovereign immunity argue that it allows the Indians freedom from being sued and permits them to ignore valid property and fishing rights of non- Indians, especially those living and working in reservations.The states are also uneasy with their privileges. As the federal government continues to work out details of its relationships with tribes, state governments which are the tribes' closest neighbors have a separate relationship with them, and it's often strained. The lack of state jurisdiction over Indians and reservations, federal controls and inherent tribal sovereignty are all resulting in ongoing disputes between tribes and states. American Indians are not only citizens of the tribe, but also of the U.S. and the state in which they reside. This ‘triple citizenship' creates an ambiguous matrix of regulatory and other jurisdictional requirements for Indians, on and off their reservations. Jurisdiction over non- Indians living within Indian lands also seems murky. But as Indian tribes gain more and more influence, state leaders realize that it is more productive and mutually beneficial to work with, not against, them. In fact, states have a chance to profit economically from good relations with tribes.Mutually beneficial agreements can set up revenue sharing from tribal gas, liquor and cigarette taxes or gambling. Tribes are marketing natural resources and sport hunting and fishing. Some Indian bands are among the states' top employers with their manufacturing plants, hotels and casinos, and large tribal governments. With all this going on in many Indian–owned companies the most employees are non-Indians. Tribes successful at gaming are diversifying their economic ventures.Some tribes consider gaming as a means towards an end of their business diversity. The discussed above clearly testifies that American Indians' sovereignty in fact rather benefits than affects the mainstream American society. On this account it looks reasonable that states and Indian tribes need to sit down and try to work out together what their mutual needs and concerns are, and find a system by which they can, harmoniously and jointly, cooperate to reach some common ground.For sure states and tribes have mutual interests – human services, environmental protection and economic well-being create opportunities to cooperate and develop solutions, while maintaining autonomy. The first step in the process of cooperation is to gain mutual understanding. State legislators have to accept the growing tribal presence within the federal system so they can effectively address policy questions about shared governing. And tribes need to understand the effects of their actions on states.Ideally, state legislatures would provide the setting for state and tribal governments to work together to resolve issues. Legislation could be written to address state-tri bal negotiations in general, or specific issues such as health and human services, natural resources or gaming. The declared principles to which the nation has dedicated itself are life, liberty, and the pursuit of happiness for American citizens, thus, the bonds of past Indian wardship must be broken forever.

Assignment Example | Topics and Well Written Essays - 500 words - 133

Assignment Example However, it is worth observing the fact that despite the crisis, for the Neo-Classics, they responded through defending their position and even made it clear that the crisis was a confirmation of their view. It is understandable that the disunity amongst economists become more pronounced after the economic and the financial crisis mainly due to the resemblance of the recent financial crisis to the great depression of 1930s in both policy orientation and on doctrine issues. During the principle policy problem of the 1930s was unemployment which was then traced to rigidities which prevented the free working of the capitalist system and it was then determined that the major rigidity was obstruction too the downward movement of wages, making the crisis a matter of confidence which could not find cure either on fiscal or monetary expansion. Looking at the current crisis, it is evident that the crisis was triggered by the collapse in the banking system which was a big wake up call for the Neo-classical mainstream economists as it was a clear proof of ill preparation for the crisis owing to the cold shoulder extended to the financial sector. However, on the other hand, the New Keynesians and the New Institutional Economists were presented with the first opportunity to employ the use of fiscal and monetary expansion to halt the contraction of the financial sector. Therefore, theoretically, as a matter of fact, neither economics nor the special branch of economic history is capable is capable of doing its work entirely without help from the neo-classical theory. The last quarter a century has seen the economy-environmental dynamic become subject to the concept of the environment and humans. The last decade has seen an increase in alarming abuse of and exerting of excessive pressure on the environment resulting into a devastation on a grand scale most notably in the developing countries. Most of these instances have

Globalisation as a Cause of Poverty and Inequality Essay

Globalisation as a Cause of Poverty and Inequality - Essay Example    However, the international capital inflows can be reversed to create boom-and-bust cycles that can be detrimental to the social welfare of the affected regions. Globalization encourages labor mobility (Lecher and Boil, 2012). However, skilled and specialized labor force may take advantage of the global market to access markets with high demand and low skill supply. Globalization may also enhance immobility; unskilled workers are prevented from migrating to developed nations. Currently, globalization poses a scenario based on the idyllic view of the general globe where technology and capital have a free flow in a market where access to knowledge and information is vast, efficient markets, and where there is equity in market participation capacities among the households. Globalisation can partially be attributed to the increasing improvements made in the technological field, minimized costs of transportation, as well as due to some deliberate choosing on behalf of many nations to further integrate their economies with the global economy. In essence, globalization refers to capital market liberalization, trade restrictions’ removal, for instance, quotas and tariffs, and free movements of human resources. All these can be considered to be economic globalization’s indicators. The 80s and 90s saw many countries open up their borders leading to reduced restrictions on direct foreign investment as well as curtailing quantitative controls on imports which reduced the tariff rates.   In general, the process of liberalisation and globalisation leads to reduced poverty and high economic growth and development. Globalisation comes in many facets hence a mixed set of outcomes. The argument brought about by anti-globalists is that globalisation has adverse effects on poor people in LDCs. Countries such as the US had thrived in managing the process of globalisation incisively proving that globalisation can be a driving force to economic growth and development and those incapable of managing the process ended up with dismal economic growth and development as well as increased poverty and high inequality in income distribution, showing the adverse effects globalisation can have. A number of issues have been highlighted linking globalisation to inequality: i. Inequal ity rates have increased since the 80s. ii. This high inequality rates are caused by other factors other than the traditional factors i.e. urban bias, education inequality, and concentration of land. iii. High inequality levels can decrease

Use of quantative methods for a healthcare organization when launching Essay

Use of quantative methods for a healthcare organization when launching a first of its kind medical device - Essay Example These technologies use molecular diagnostics, diagnostic imaging technologies and revolutionary telecommunication to serve their clients and have a wider reach. Similarly a disruptive innovation is one which brings to market the products and services that are much more affordable, and also keeping the quality levels intact and may be higher. It exceeds the expectation of the market in terms of cost effectiveness or being designed for a different set of customers. Disruptive innovations are now the key to ushering of affordable and competent healthcare. For example, a health care disruptive innovation was the one which disrupted retail pharmacies. In addition the potential drugs discovered to lower cholesterol are considered as the disrupted technologies and innovation to replace the frequency of angioplastic surgeries which itself was a disruptive technology to open heart surgery. The Zenith Hospital wanted to use a disruptive technology due to the some facts studied by the management survey. The survey was based on statistical models which gave a direction for the implementation of the disruptive technology. The focus of the hospital was to increase the patient turnover and profitability by reaching to the unattended patient population. Methodology Data collection of the patient turnover in the hospital was considered for the previous two years. This was compared by statistical analysis to find out the difference in patient turnover and statistical tests of significance were implemented. Data collection done from a competitive hospital of a similar profile to understand the position Feedback questionnaire was formulated to find out the reasons and preferences for selecting the hospital services. This was represented as a pie chart to analyze the major reasons of satisfaction or dissatisfaction of the factors causing usage of hospital services. The correlation coefficient will then be found out with the various factors that is positively related with the positive turnovers and the factors related with the negative turnover of the patients. Usage of ordinary least squares regression to be done to find out the weighted significance of all the factors which contribute to the positivity and negativity of the patient turnover in the hospital. A cost benefit analysis was done to estimate the return on investment for the AKA disruptive technology to be implemented and the feasibility of such project Results 1. Patient turnover in the Zenith Hospital in 2011(1) and 2012(2) in earlier 2 years. (p0.01) 3. The factors leading to dissatisfaction for reduced turnover of the patients 4. The correlation coefficients calculated with turnover were -0.7 with waiting time, +0.123 with Competency of hospital staff, +0.003 with cost effectivity and +0.21 with care giving. Significant correlation coefficients were related to waiting time and care giving(p

ENaC and Hypertension Essay Example | Topics and Well Written Essays - 250 words

ENaC and Hypertension - Essay Example However, for individuals past the age of 45, the incidences of hypertension rise and affect more women than men [1]. In the U.S. 25% of Americans suffer from hypertension. High blood pressure varies amongst ethnic groups where African Americans have the highest risk for hypertension among Americans. Forty percent of African Americans have hypertension and it is more likely to be manifested at an earlier age than Caucasians. Hypertension is the primary cause of 25% of deaths in America today. Additionally, 47% of individuals with hypertension have blood pressure that is not under control. Most of hypertensives are resistant to common medications. They have to take more than one medication to render their blood pressure stable[3]. The pathogenesis of hypertension remains unknown. Blood pressure must be regulated to prevent damaging of vital organs. From this point, studying the molecular basis and human protein level of this disease is needed for early detection and for distinguish ing markers and designing targeting therapy. The kidneys play a major role in hypertension mainly in the maintenance of sodium balance within the body. They also maintain the balance of the volume of extracellular fluid that leads to the long term control of blood pressure. Therefore, any imbalance in sodium entry expands the blood volume leading to hormonal and vascular change in the kidneys and increasing blood pressure [2]. In relation to the various mechanisms involved in hypertension’s inheritance, two major categories exist. These are Mendelian hypertension and essential hypertension. The Mendelian form of hypertension occurs because of a single or small number of genes which are defective. These can also be either dominant or recessive [4]. In contrast, essential hypertension, which is a heterogeneous disorder of hypertension, is more complex and does not follow the kind of inheritance

America's Involvement in WWI Research Paper Example | Topics and Well Written Essays - 750 words

America's Involvement in WWI - Research Paper Example Nevertheless, WWI became a focal point in American history because it gave an opportunity for America to assert its dominance as a foreign power and give rise to social reforms. America entered WWI for array of reasons. First and foremost, Americans wanted to abandon the policy of isolationism. The domestic issues that plagued American enticed Americans to take as a lead as a huge superpower. Secondly, the sinking of Lusitania was a huge focal point as it carried American soldiers and ammunition. It is crucial to understand that even prior to entering the war, the US was supplying aid to allies. Although it called itself neutral, it clearly was not. The icing was "discovery" of the Zimmerman Telegram, which threatened the USA> At this point, Germany’s conquest of winning the war was too easy to ignore. Thirdly, it was evident that the U.S. had huge economic investments with the British and French. If the Germans continued to impose their will, then they would not be able to pay the U.S. debt back. Another huge reason was the political scheme for the leaders of the US. It was clear that Woodrow Wilson did not want to go to war but also did not want to lose to his counterpart- Teddy Roosevelt. As usual, Roosevelt has been aggressive with the war of Spanish-American war and had no problem for Americans to enter a political issue that needed leadership. When Teddy Roosevelt decided to run for another term, Wilson felt that it was best for him to also enter the country into this war (Micahels 40). Hence, President Wilson wanted to make the world safe for democracy Without a doubt, WWI was turning point in American history because it gave an opportunity to America to display its awesome power. World War was a war that was indisputably fueled by American propaganda by portraying the Axis power as supreme evil. Unmistakably, this was heavy task since so many European descents resided in America. Europe’s condition at this point

Aaa Essay Example | Topics and Well Written Essays - 250 words - 2

Aaa - Essay Example The social media, like a program bundled with customizable options for the end users’ discretion – work the same way. End users can fully customize the function of Twitter, Facebook, Google+ and all available networks on the Web today. In that light, people choose what they want for Twitter to become – if a group of people choose to initiate a protest through Twitter – they choose to make it a form of civic revolution. In the beginning, social media was created for the purposes of connecting family members, relatives and acquaintances. But it has changed to connecting people of same interests. We have liking, recommending, tweeting and retweeting tool on these two giant networks, namely Facebook and Twitter. But I firmly believe that the decision is left by the brilliant guys behind Facebook and Twitter, and the like to the mass – the end users. The birth of the internet has given people the chance to build a network where communication and interaction is possible. Hence social media have proven to be dynamic tools to make the whole world connected – not just family members. The end users who have discretion to use these social networks to speak the truth and to enjoy freedom are responsible for promoting the civic and political protest, not the social media. Social media merely give all the tools for the end users to enjoy connectivity and exercise

Carol Gilligan and Difference Feminism Research Paper

Carol Gilligan and Difference Feminism - Research Paper Example Psychological Theory and Women’s Development,† Gilligan makes a forceful dispute that psychology has scientifically rejected women in attempting to answer questions about how human beings make moral judgments, and claims the pre-existence and significance of different voices which involve feminine, relationship, and emotional-oriented in moral reasoning. In the book, Gilligan (11-35) provides an immediate sensation that is embraced by the newly developed studies on women. The moral psychology as explained in the book straddles both philosophy and psychology by evaluating human’s approaches to ethical dilemmas. Whilst ethical reasoning is a generic human skill, psychologists assume that women and men differ. They provide assumptions that reign well for many centuries. In her book, Gilligan provides many and major arguments. The most important involves human puzzle in the moral dilemma of the ethics of justice and ethics of care (Gilligan 99-100). Gilligan shows muc h care while writing moral orientation, which is not aligned with gender but on the empirical relationship between different voices and women. Gilligan (100-114) argues that men make decisions regarding personal rights, and through such views, Gilligan argues that women are responsible for other individuals. Because of such imprinting and improvable notions, Gilligan draws women view in terms of connectedness, whereas men are viewed with regards to separation. As such, Gilligan seeks to elevate the status of such connectedness where she focuses on several studies performed by her colleagues (Gilligan and Richards 77-90). Carol’s works emphasize on sex differences in moral reasoning. It also focuses on the violence perspective, the resolution of sexual conflicts, and the abortion decisions (Gilligan 411-417). These factors create greater challenges through the introduction of feminist perspective with respect to moral development.  

New businesses Essay Example for Free

New businesses Essay Consistent findings have imperatively indicated that the correlation between firm entry and survival is negative. Out of every one hundred new businesses introduced in the UK, 50 percent of them become obsolete before their third anniversary. Such high attrition levels are not only evident UK in alone but also in most modern economies and can be said to be a generic rule of thumb. Just why is it that so many nascent firms end up accomplishing little or nothing before they finally become extinct? Is it that their owners do not put enough efforts into the business development or are there other internal and external causes of this prevalent occurrence of business failure? Many theories have been put forth to explain the possible causes of the high rates of new business failure. It is not surprising that major diagnoses of the root causes of low survival rate in new businesses identify management inefficiency as one of the causes of the high attrition levels. Policy makers have also been blamed for recommending entrepreneurship as the solution to rejuvenating the economy yet little is done to educate people on what to expect amid globalization pressures, competition and technological changes that are likely to impact on the business survival. Other theories put forward include the supportive environment thesis, nature of activity and industry theory. Firm survival can however be properly classified in three explanatory dimensions: The firms specific characteristics; Operational factors and the business cycle. This paper explores the characteristics of business failure under these three dimensions and at the same time introduces a discussion on how entrepreneurs can enhance their businesss chances of survival by providing possible solutions to the low levels of survival witnessed in infant businesses. II. Analysis a) Definitions Birth of the firm: The introduction of a business marks the birth of a firm. This may actually start when the idea of the business is borne. Consequent activities such as registering the company, acquiring premises and capital are secondary elements in the birth of a business. Survival of the firm: Survival of the firm refers to its ability to withstand internal and external pressures to meet the objectives for which it was established. Survival determines whether a firm makes it through its lifetime or whether it fails and consequently exits the market. Death of the firm: This denotes the final stage in a business at a point where nothing can be done to revive the business and the only solution is complete closure. Termination of the firm as a legal entity: This means that the business is no longer recognized by the law. It means that a business in the context of the law is no longer operational and it is therefore not liable to debts, taxes among other liabilities to stakeholders. b) New Firms Survival Literature New businesses in the UK have in the past shown high levels of business failures witnessed within the first three years of inception. According to Caliendo and Fossen (2009: 154) at least fifty out of every one hundred new businesses introduced did not make it to their third birthday. A study by the DTI Small Business Service from 1995 to 2004 reveals that these failures are actually vary with industries which could be attributed to the various conditions that exist in these sectors (DTI, 2007: 13). On average, 82% of new businesses established survived the first year in business. Improvement has been recorded and by 2004, an average of 58% of new businesses survived the first three years over all the sectors. Detailed survey results are shown in table 1 and 2. c) Why Half of Nascent Firms Fail: The Survival Explanatory Dimensions 1) Firm Specific Characteristics i)Managerial Organization Discernible management errors and high incidents of poor management highly contribute to the low survival rates of newly established firms. The death of many firms is mostly characterized by management which has turned out to be reactionary. Inefficient decision making and inadequate or non-existent planning will have contributed to the failure of the business in at least 30 percent of nascent firms (Phillips, 2004: 68-70). Veronique and Wever (2000: 138) note that managers inability to react to various forces affecting the business operations such as competition, technological advancements, economic trends and money issues could lead to the ultimate downfall of a business. Inadequacy in management expertise is essentially attributable for the business failure to explore alternative financing options leading to bankruptcy. ii)Inadequacy of Cash Reserves Inadequate financing comes in as a close second after poor management. New owners with little or no prior experience in business may fail to effectively predict cash flow. Miscalculation of amounts required to sustain the business before it picks up and underestimation of the costs associated with borrowing money are the major causes of financial strain (Lane and Schary, 1991: 101-103). Exhaustion of cash reserves is also likely to be influenced by poor pricing, over-investment in fixed assets and uncontrolled growth. Uncontrolled growth occurs when the owners want to take up every opportunity that comes so that at the end of it all they cannot satisfy all their customers. In this case, firms end up borrowing large amounts to meet the high demand and when the loans cannot be paid effectively, what results is collapse of the firm (Audretsch and Keilbach, 2004: 423). Other causes include over dependence on a few customers, fraud and uncontrolled drawings by the owner. iii)Poor debt management and Over-borrowing This is closely associated with cash inadequacy and it results where managers are ill-equipped in financial management. Small business owners are likely to obtain the wrong type of financing and worse still take more than the business can afford to pay (Jostarndt, 2007: 139). This may lead to borrowing loans to clear existing ones which is not a good debt management strategy. Inability to pay debts on time and lack of coordination between incoming cash and outgoing cash may lead to the business finally going bankrupt and consequently causing its death. iv)Ownership Status There are two ways of looking at this perspective: the legal ownership and the reasons for starting the business. A sole proprietorship business is more likely to fail due to financial and management problems than a partnership or a limited company. The reasons for starting the business can highly influence a firms survival. Moore and Gooderl (2008: 8-10) name two types of entrepreneurs: the opportunity entrepreneur and the necessity entrepreneur. The former establishes a business to exploit available business opportunity while the latter may start up a business for the purpose of sustaining himself probably if he cannot find a job. According to Moore and Gooderl (2008: 16-17) the opportunity entrepreneur is likely to succeed while the necessity entrepreneur may not exert enough efforts towards the business. The increased number of necessity entrepreneurs in the UK has highly increased the failure levels in new businesses. v)Personal Characteristics of the owner This mostly has to do with the attitude of the owner and the manner in which he or she applies these in the business context. Owners make a mistake of taking up all responsibilities without making use of delegation to junior employees as a result of fearing that they may not do it perfectly. Jensen (1976: 335) describes this as the challenge of letting go. Owners normally find themselves exhausted from overwork and yet do not find time to address important issues facing the business. Use of business funds by the owner can also cause detrimental effects on the business. Personal attitudes such as aggressiveness and lack of concern for the employees may cause high rate of employee turnover as well as keep away customers (Daily et al, 2002: 398-343). vi)Innovation and reaction to technological changes The world is advancing at a high rate and technology is one of the areas that a business needs to keep up with. Many new businesses fail due to being left behind in technological advancements such that they are overtaken by their competitors who take with them all the customers (Agarwal, 1996: 103-106). Innovation is one of the major tools for a successful business and this is one area that new businesses have not been able to address mainly due to lack of enough capital to come up with new products and services. viii)Poor knowledge of the market Most business owners enter the market with little knowledge about what to expect. Failing to conduct market feasibility studies limit the owners knowledge on the competitors in the market and their influence; the customers characteristics and behaviour and various market fluctuations they are likely to encounter (Covin et al, 2000: 199-206). 2) Operational factors i) Competition New businesses are often overwhelmed by the efforts required to counter competition from already existing firms. This is considering that these firms have already established their customer base and winning loyal customers could prove quite a challenging task for new businesses. Usually, dominant competitors may even device ways of putting new entrants out of business such as lowering prices and offering discounts (Covin et al, 2000: 200). Their aim is to push the new competitors until they cannot keep up with the situation such that they eventually quit. ii) Location The location of a business is a major determinant for its survival. New businesses in rural areas are likely to fail due to limited local markets and isolation. On the other hand high costs, presence of large firms and regulatory barriers pose challenges to businesses located in the urban areas (Sutaria and Donald, 2004: 250-253). 3)Changes in Business Cycle i)Macroeconomic growth and economic pressures New businesses are usually unable to handle economic shocks that may result from high interest rates, fluctuations in exchange rates and general inflation. According to David and Mahmood (1995: 89-93) not many businesses survive an economic surge or a recessionary period which may lead to skyrocketing of supply prices and high costs of borrowing. ii)Entering Cohorts exit rate Cohorts refer to groups with similar characteristics. The result of exit of similar businesses can either have a positive or negative effect on a new business. Exit may mean less competition which is an advantage. New firms however rely on one another for inspiration. A person operating a business where everyone is quitting due to one reason or another is bound to get disillusioned and have the attitude that his business may fail too (Phillips, 2004: 69-71). iii)Changes in legal environment When the laws of a country change, new businesses are likely to suffer since they are not yet stable enough to cushion themselves from such changes. Amendment of tax laws and business requirements may cause a new business to go bankrupt. d) Increasing Survival Chances Strategies to increase the chances of survival for a business entail addressing the leading causes of failure. The most fundamental requirement is the improvement of the management capabilities. When there is good management in a firm, other factors will follow suit because every operation of the business is determined by the management (Sutaria and Donald, 2004: 253-255). Improvement of communication within the business and proper sharing of duties are skills that the owners of the business need to acquire. This can be done through attending management and entrepreneurial seminars and conferences so as to learn secrets of firm survival from professionals. Proper planning is the ideal solution to financial problems. Veronique and Wever, 2000: 139-141) refers adequate anticipation of cash flow as the secret to overcoming financial problems for starters. This could be done through the help of an expert if the owner is not in a position to do so. Finding alternative sources of finance apart from the usual ones is key in preventing the collapse of a business due to lack of funds. There are many available sources of finance including bank loans, credit card advances, sale of assets among others (Moore and Gooderl, 2008: 298-299). Care should then be taken to make sure the finances are properly utilized. The firm should avoid relying on a few customers because huge losses can be felt if the customers suddenly withdraw. Instead, they should aim at a large customer base. Over-borrowing can be reduced through making proper cash forecasts and using the limited resources that the business has. In essence, the firm can adopt a steady growth over time instead of rushing to expand at once (Daily et al, 2002: 399-401). Finally, the management should be keen in managing the debts of the business keenly balancing the income and expenditure so as to cover all liabilities and debts in time. A business must clearly identify its customers and establish whether they can sustain the business effectively considering the level of competition. This can be done prior to the business establishment through a market feasibility studies while answering the following questions: How many competitors are in the area you plan to establish your business? Who will be the businesss customers and what are their buying habits? What is the level of loyalty of these potential customers to the current suppliers? Are they likely to buy your product? Is the product seasonal? Is it possible to make profit out of the business? Once these questions are answered, the likelihood of failure can be minimized as specific strategies to address the issues can be formulated (Audretsch and Thurik, 2007: 113-141). Business owners must realize that they cannot do everything by themselves. Employers can delegate and allow employees to make certain decisions. Consequently, owners will have ample time to concentrate on more important business issues such as finding new customers, getting more funds for the business as well as solving the current issues facing the business (Daily et al, 2002: 403-405). The need for long-term planning is inevitable. This involves planning for growth and transition in the future. It also involves planning for uncertainties such as loss of employees, customers and suppliers. In the wake of the high global trade advancement and changes in the market, businesses should always be alert to avoid being taken unaware by advancements in technology, innovation and changes in customer preferences and culture (Zoltan, 1988: 321). Legal changes and changes in tax systems should be catered for in the long-term business plan. The state of the economy is bound to change from time to time which is why firms must anticipate for any future economic shocks through investing in stocks, futures, options among others. Insurance is also an option for more larger firms. III. Conclusion No environment can be said to specifically favour new firms in all angles hence the need for those starting new firms to be overly cautious. Firms are most definitely exposed to numerous risks that may lead to their extinction as indicated in this discussion. Management is identified as the root cause of low survival rates among nascent firms and its improvement could work to solve the predicament presently being witnessed in new firm survival. Proper balancing of the firms cash reserves; being generally alert to any changes in the business environment; making informed decisions to deal with these changes coupled with excellent management practices is exactly what is needed to save young firms from their predicament and promote their longevity.

Beowulf and Grendel Essay Example for Free

Beowulf and Grendel Essay The animation used for the movie, Beowulf was simply superb. I thought the characters were human but after a while, I noticed that they move quite differently so I learned that it was actually a motion captured film, like the ones used in Polar Express and Monster House. The effects were good, and the characters really looked like the actors who played them. It’s amazing what technology can do these days. As for the story, I think some scenes are really violent and brutal. Like the part when Grendel, the monster, tore the head of one of the soldiers and ate it, it was disgusting. Some parts were also rated PG. ut overall, I think the plot was good. The character of Beowulf was very brave and courageous. From the beginning of the story, we can already tell that he is a hero and that he practices the code of honor (whatever that is). He was willing to sacrifice himself to save his people and the kingdom. I think he is also wise as the king. He didn’t fight the soldier who was trying to kill him, instead, send him off saying â€Å"He has a story to tell†. But the protagonists also have some poor qualities. For one, he didn’t think of the consequences when he gave in to Grendel’s mother’s advances. He also lied to king Hrothgar and his people when he told them that he killed Grendel’s mother. He did all that just so that he could have wealth and the crown. I also didn’t like the fact that he took a mistress, when his wife was still there. I think Queen Wealtheow is a wise and beautiful queen, what more could he ask for? Also, I think Ursula, the concubine, didn’t really love Beowulf. She was just submitting herself to him because he is of course, the king. I think the historical accuracy was good, the costume and the traditions; they even had the right accents.

Romantic Era And The Byronic Hero English Literature Essay

Romantic Era And The Byronic Hero English Literature Essay The Romantic Era and the Byronic Hero. During the eighteenth and early nineteenth centuries, literature and art as well as political philosophy were deeply influenced by new ideas about individualism and citizen rights. The American and French Revolutions illustrate the power and volatility of these new ideas. Although the term Romantic wasnt applied to this period until many decades later, the writers of this period expressed a sense of collective intellectual energy that they called the spirit of the age.†It was a time for questioning the status quo, challenging conventions of social hierarchy, and elevating the value of the common man and woman. Romantic writers reflected on the beauty of the natural world as a means of discovering, illuminating, and articulating their own insights about human nature. Their writing frequently included scathing critiques of social injustices, mainly associated with growing urbanization; meanwhile, they idealized rural landscapes and lifestyle s. Many of these authors were profoundly influenced by Miltons poetic works, especially  Paradise Lost. For example, William Blakes  Songs of Innocence and Experience  juxtaposes poetic visions of the world first through the eyes of a child, or innocent, and then through experienced eyes that recognize sin and inhumanity as part of the human fallen condition. As mentioned in the readings, Blake argued that Miltons Satan was the true hero of  Paradise Lost, and many of his contemporaries agreed with him. Miltons Satan inspired a new figure in English literature: the Byronic Hero. In this lesson, we will read several defenses of this rebellious and misunderstood, tragic character. In particular, we will investigate how this figure informs Mary Shelleys famous gothic novel,  Frankenstein. During the Romantic period, the art form of the novel became increasingly popular, in conjunction with a growing reading public. Some of the most famous and influential novels of this era include Jane Austins satiric novels of sensibility and manners, Walter Scotts historical novels, and Mary Shelleys critique of science and society in  Frankenstein. Most of us are familiar with the monstrous figure of Frankenstein from popular culture: film and television images. Mary Shelleys original creature was conceived in the aftermath of the French Revolution and the subsequent bloodshed that shocked and disillusioned many of the initial supporters of this revolution. Note that the name Frankenstein refers specifically to the scientist, Victor Frankenstein, who created a living Creature. The relationship between Victor and the Creature offers a complex commentary on the duties and responsibilities of both a creator and the created, which invites comparisons with Miltons depiction of the rel ationships between God, Adam and Eve, and Satan. Shelley interweaves the Biblical narrative of the Fall in Genesis with the Greek myth of Prometheus, another creation myth about duty, betrayal and punishment. Furthermore,  Frankenstein  explores themes of pride and ambition by combining these grand epic narratives with Shelleys own personal experiences of procreation, parenting, and death. Lesson Four Reading Assignment Readings: In  Masters of British Literature  (Longman, Vol. B), skim â€Å"The Romantics and their Contemporaries†, (pp. 3-28). Also read: William Wordsworth, â€Å"The World is too much with us†; â€Å"London 1802† (231-2); â€Å"Manfred’ and Its Time: The Byronic Hero† (386-7); and Coleridge, â€Å"Satanic Pride and Rebellious Self-Idolatry† (392-3) In the Longman Cultural Edition of Mary Shelley’s  Frankenstein, please read Susan Wolfson’s introduction (pp. xvii-xxii) before you read the novel. Then read Mary Shelley’s  Frankenstein  (the 1818 edition). And, then read the excerpts in â€Å"God, Adam, and Satan† (301-322). Reading Questions: As you read the novel, consider the following questions: What is the effect on the reader of learning about Victor’s story through the third-person, Walton, and his letters to his sister? On page 34, Victor images the gratitude that his creation will feel towards him. How does he respond, on page 37, when he actually animates the body of his creation? How does Victors initial vision of being a creator differ from the reality throughout the rest of his tale? How would you describe Victors character? How is he perceived by other characters in the novel? At various points in the narrative do you find your allegiance shift from Victor to the Creature, or vice versa? Why might the author want the reader to feel sympathy for each of these characters? Traditionally, a novel will have a protagonist, or hero, and an antagonist, or villain. Who is the protagonist and who is the antagonist in this work? Consider how this narrative evokes the story of the Garden of Eden, the Forbidden Fruit of the Tree of Knowledge, the desire to be godlike, and the Fall from Grace. What is the effect of these allusions? How does this novel view science and the quest for knowledge? Does Walton learn anything from Victor’s tale? Is it significant that he acquiesces to his men’s desires to return to England? Lesson Four Writing Assignment Essay Assignment: Select one of the following essay prompts. After considering how you would answer each of the questions in the prompt, craft a thesis based on your answers and write a 5-page essay, supporting your selected topic. In Chapter VII of volume II, the Creature finds a bag of books, including Milton’s  Paradise Lost. How is the Creature affected by reading this epic poem as â€Å"true history† (98)? Shelley invites us to compare Victors creation with Miltons retelling of Genesis. How does this comparison influence our interpretation of  Frankenstein?  Is the Creature more similar to Adam or to Satan? Does Shelley’s novel encourage us to view Satan as a heroic rebel or the arch-fiend? Explain your answers with evidence from both  Paradise Lost  and  Frankenstein  and additional readings about the Romantic poets. Milton embellishes much of the Genesis story, but regarding the punishment of Eve, he restates the King James Bible text (Genesis 2:16) with almost no alteration or addition; Miltons God decrees to Eve: Thy sorrow I will greatly multiply By thy conception; children thou shalt bring In sorrow forth, and to thy husbands will Thine shall submit, he over thee shall rule. (Book X, lines 193-6) Mary Shelleys mother, Mary Wollstonecraft, was a famous feminist who died from complications of childbirth soon after Mary was born. Mary Shelley suffered miscarriages and the early deaths of several of her own children. Many critics hypothesize that Shelleys experiences of birth and death greatly influenced her creation of  Frankenstein. They argue that Victors obsession with creating a human represents a desire to possess and/or circumvent human reproduction. In your essay, connect Victors desire to supplant human procreation to Eves temptation to possess knowledge and become godlike. How are their transgressions similar and different? How are their punishments similar and different? You might consider the theory of the Fortunate Fall† in your discussion. Discuss how the Romantic Poets interpreted Miltons  Paradise Lost. Explain the political and social events that influenced their ideas about God and Satan.   Refer to at least two examples from the poets writings in the Reading Assignment, as well as the scholarly commentary.  Then, consider Mary Shelleys incorporation of  Paradise Lost  into  Frankenstein.   Does her adoption of Milton reflect or challenge the ideas of what Susan Wolfson terms Romantic Satanism (p 301 in the Longman Cultural Edition of  Frankenstein)?   In other words, how does Shelleys novel respond to the Romantic Poets interpretation of Miltons epic poem? Paradise Lost (Paradise Lost) revealed human sin and corruption. The poem describes the rebellious angels of Satan. Adam and Eve were possessed by Satan, ate the fruit from the tree of the knowledge of good and evil that God prohibited eating. Finally, Satan and his cohorts were turned into snakes. Adam and Eve were expelled from the garden of Eden. The poem reflects the poets freedom to pursue the lofty spirit. Satan had gathered many rebel angels under him. The poem describes how Satan and his angels fall into hell by the thunder and the heat of fire, after a while, he wakes from dizziness. Satan awakens all the same angles in Heaven, and they got up. Satan comforts them in the speech, inspiring them, finally he told them, according to an ancient prophecy or report in heaven, there is a new world and a new creature to be created. So they decided to hold a plenary session of the prophecy, and discussed countermeasures. At the beginning of the meeting, the first question is debated: it is necessary to take a risk of war to restore the kingdom of heaven. The final three take a proposal, which is Satan mentioned, to explore whether the prophecy or hagiography is correct. According to legend, the God is creating a new world and a new species, a creature with not much difference between them. The difficult question is who will be sent to do the difficult exploration. Their leader Satan alone bears the task, winning peoples admiration and applause. After the meeting, other members pursue pleasure randomly. In the journey of Satan through the hell gate, the door is closed, the person in charge of the gate talked with Satan. Finally, the man opened the door. Satan saw a big pit between the hell and the heaven, which is chaotic world. Under the guidance of the ordeal, he only went to see what hes looking for in new world. When Satan went into the new world, God seated on a throne saw. The God refers to the prophecy that Satan will seduce human, and his plot will succeed. Human beings are free, and there is resistance to temptation, sweeping all slander to justice, the ability of wisdom. He also claims; people commit crime because of many reasons. Satan is wandering edge of a wasteland for a while in the new universe. Seen from what is called empty border place, people and things soaring; then, he would fly to the sun. He first pretends to deform for junior angels, sincerely, to see a new world and live in one of these people. Under Youlies guidance, he flies to paradise. Satan finally reached the new world, and it landed in a survey of the garden of Eden place, where it has been close to his destination, he alone takes bold adventure, to be against God, man. The moment he got into all kinds of confusion, his heart occupies many strong emotions: jealousy, fear, despair and so on. But in the end he decided to implement the evil plans, along the radial paradise. He crossed the border, into a cormorant, squatting on the tree of life the highest office park, looking around. It is his first sight of Adam and Eve. His wonder at their beautiful appearance and the happy scene make him determined to make them fall. After eavesdropping on their conversation, knowing they were forbidden to eat the fruits from the park tree of knowledge, which can let them under penalty of death. He decided to start, entice them to transgress. He leaves here, trying to further understand the situation. As night falls, Adam and Eve want Gabriel to send an angel, sending two power ful angels to Adams house, to protect the sleep of Adam and Eve, lest suffering from evil. They found him on the ear of Eve, in her dream to seduce her. The devil was arrested on the spot, brought before Gabriel. When questioned, his attitude is very strong; but for the warning, flies out of paradise. After snooping the Satan has sinister motives, like a lost soul in the night and returns to paradise, into the inside body of sleeping serpent. In the morning Adam and Eve are out to work, and each person does the job by their own. Adam did not approve of it, worrying about the danger, which had been previously warned the enemy will seduce her at her when she was alone. Eve would not be as strong and decisive enough, so she wants to separate labor, to test her ability. Adam finally gave in. Seen her alone, snake skillfully came to her, close to her; at first look, then opening, said a lot of flattery, flattering her how outstanding she is. Eve, listening to what the snake spoke, became very curious, asking how he can speak like human beings, but also can also understand so well. The snake answered, that is because of eating fruit from a certain tree in the garden, which can also make people more rational. Eve asked him to have a look of that tree. She looks, what is unexpected is tha t this tree is the right tree of the knowledge that the God forbids her to eat. The snake is of strong courage, using many reasons to persuade her to try. She finally tries, feeling very delicious. She thought to let Adam have a taste of this thing. But she hesitated, finally decided to give him this fruit, and advised him to eat. Adam was frightened at first because this is forbidden. But finally he decided to eat the fruit. The forbidden fruit in the two persons takes effect, they feel ashamed; and they find something to cover their nakedness. Then two people quarrel with one another. God said: they are unable to prevent Satan going into the park. Sin and death, sitting in the gate of hell, are excited to find Satan succeeds in the new world of conspiracy, so they are determined to follow their father Satan. They followed their path according to Satan, building a road or bridge on the chaotic world. As they prepare to leave back to hell, they meet Satan, returning after a conceited triumphant. Satan successfully indulges in verbiage before all the people for human conspiracy. Audience only applauds. And they, like in the paradise, are suddenly transformed into a snake. In their eyes, the scene of the forbidden tree appeared, they stretched to pick the fruit, but full of dust.Sin and death still continue their work. Adam came to know of his degraded condition, deeply sad, and Eve comfort is also rejected by him. Eve adheres to persuade him. In order to avoid the curse fallen to his descendants, she advised Adam to use violence; he strongly opposed, but reminded her of her sons to revenge snake, thereby holding good hope, encouraging her to pray with him to appease the anger of god. Then Satan, in the snakes image, committed a terrible, hateful deception behavior in the garden. Milton has been very clever in describing this story. He uses the story to deliver a spirit of freedom. And he makes full use of this story to show his ideas.

Comparing Hap by Thomas Hardy and The Second Coming by Yeats Essay

Comparing Hap by Thomas Hardy and The Second Coming by Yeats      Ã‚   Thomas Hardy (1840-1928) was one of the great writers of the Late Victorian era. One of his great works out of the many that he produced was his poem Hap, which he wrote in 1866, but did not publish until 1898 in his collection of poems called Wessex Poems. This poem seems to typify the sense of alienation that he and other writers were experiencing at the time, as they "saw their times as marked by accelerating social and technological change and by the burden of a worldwide empire" (Longman p. 2165). The poem also reveals Hardy's own "abiding sense of a universe ruled by a blind or hostile fate, a world whose landscapes are etched with traces of the fleeting stories of their inhabitants" (Longman p. 2254).    The poem's major theme seems to be this sense of the world being ruled by a hostile and blind fate, not by a benevolent God pushing all of the buttons. This is clearly stated within the poem itself as Hardy writes "If but some vengeful god would call to me / From up the sky, and laugh: 'Thou suffering thing, / Know that thy sorrow is my ecstasy, / That thy love's loss is my hate's profiting!' / Then would I bear it, clench myself, and die, / Steeled by the sense of ire unmerited; / Half-eased in that a Powerfuller than I / Had willed and meted me the tears I shed. / But not so." (Hardy, Longman p. 2255: ll. 1-9). As you can see, this poem shows that Hardy has indeed lost all faith in a benevolent God that deals out suffering and joy to his creations as he willfully deems they deserve and need. Instead of this idea of a benevolent God up above pulling all of the strings of the world and dealing out everyone's personal fate, Hardy believes fate is... ...and present as a sign that the 'Beast' is about to be born and rule the next 2000 years just like Jesus was born and resurrected to rule the last 2000 years, while Hardy just relates the evils and pain that is inflicted on man as a sign that there is no benevolent God, but not that there is an evil God staking his claim to our lives now enstead. He leaves our fate up to mere chance and the passage of time, while Yeats leaves our fate up to the beast (also known as Satan).    Works Cited Bressler, Charles E. Literary Criticism. New Jersey. Prentice Hall, 1999. Damrosch, David, et al., ed.   The Longman Anthology of British Literature: Vol. B.   Compact ed.   New York: Longman - Addison Wesley Longman, 2000. Yeats, William, Butler. "The Second Coming." The Longman Anthology British Literature. Ed. David Damrosch. Longman. New York. 2000. 2329.   

Harmful Effects of the Atkins Diet Essay -- Exploratory Essays Researc

Harmful Effects of the Atkins Diet It is safe to say that the Atkins Diet is not as harmless as everyone would like to think. Originally, the disadvantages were not taken into account because desperate dieters were interested in partaking in a seemingly easy way to lose weight. However, plenty of negative side effects have been shown to support the fact that the Atkins plan is more harmful than people realized. These negative side effects range from headaches and dizziness, to the more severe reactions consisting of kidney and heart problems. These negative effects are caused primarily by a lack of carbohydrates in the body, which results in an increase of ketones, or poisonous chemicals. And, as it turns out, many organizations including The American Heart Association, support the fact that these effects do occur after following the Atkins dieting plan. The American Heart Association, specifically, has said that the decreased intake of carbohydrates and an increased ingestion of proteins and fatty foods does no t conform to their dietary guidelines and can lead to seriously negative results and health risks. The less severe disadvantages surrounding the diet consist of physical weakness, low energy level, slower reaction times, headaches, and dehydration. These less dangerous, yet clearly relevant reactions are due to the elimination of carbohydrates from the diet. Blood sugar levels become very low when carbohydrates are not ingested, causing physical pain and weakness as well as a slower reaction time. Headaches also occur as a natural response mechanism that act as signals for the body that carbohydrates are needed in order to prevent further problems. Moreover, when the body breaks down stored fats t... ...eats and creams sounds, it undoubtedly raises health risks involving the heart. Without a doubt, the Atkins diet causes health problems. Be it mild or severe effects, the problems and risks are there. It is difficult to believe that a diet where cream, butter, mayonnaise red meats, and numerous other fatty foods are unlimited could actually be healthy and result in positive weight loss. Ridding the body of obviously healthy foods such as complex carbohydrates can only lead to negative side effects for the dieter. While dieters have the advantage of choosing a plan that is best for them, these serious health risks are something that should be taken into account. In the end, it is a healthy, well balanced diet, consisting of a good amount of exercise that is the key to a healthy lifestyle no matter which way you slice it.

The Iliad of Homer Essay -- essays research papers

The Iliad is the quintessential epic. It is full with gods, goddesses, heroes, war, honor, glory, and the like. However, for just short while near the very conclusion Homer avoids all of those epic qualities. The banquet scene in Book XXIV is the most touching, the most â€Å"human† scene in the entire poem . In the midst of the dreadful gulf of war and anger there occurs an intimate moment between two men who ironically have much in common below the surface. Priam, old and fragile, makes his way to the camp of the enemy’s greatest warrior late at night. He bears what little treasures have not been exhausted by the ten-year conflict and plans to plead for the rightful return of his son’s body. This is his final heroic endeavor. And perhaps, because he has just lost someone so dear to him, he is willing to take the risk despite his fear. What is interesting is that when he does arrive at the camp of Achilles, his fear suddenly subsides and â€Å"the old man makes straight for the dwelling where Achilles beloved of Zeus was sitting.† A decisive moment has arrived for both men. When Priam enters, Achilles knows that he must accept his own death with open arms while Priam is forced to sit at the knees of Achilles and kiss the hands that have killed his beloved Hektor. Homer seems to stop the action for a moment to let us feel the intensity of this extraordinary encounter. Priam urges Achilles to think of his own father and then pity Priam in his outrageous position, a king "who must put my lips to the hands of the man who has killed my children." Achilles immediately accepts Priam’s appeal and the two weep for their sons, fathers, and friends. This sharing of common grief becomes a bridge back to human sympathy. In an amazing speech Achilles soothes Priam's sorrow by painting a picture of their common misfortune and the inevitable limits of mortality. He reminds Priam that â€Å"there is not anything to be gained from grief for his son.† â€Å"You will never bring him back,† he says, â€Å"sooner you must go through yet another sorrow.† Though Achilles has matured dramatically since the beginning of the Iliad the complexities of his character don't disappear instantly. Priam asks not to be seated so he can more quickly attend to the return of Hektor. Suddenly Achilles' anger flashes out. Though his insight and human compassion have developed greatly he is still obstinate an... ...an lot he portrays is grim, his actions show a human decency that somehow softens our sense of what it means to be human NOTE: Observe how the plot structure of the Iliad completes itself. In the first book, a father (Chryses) comes to Agamemnon to plead for the return of his child but is refused. In the last book, a father (Priam) also pleads to Achilles for the return of a child; this time pity is shown. Though this symmetry is surely there, Homer is an artist who permits complexities and contradictions. As you begin to sum up your feelings about the Iliad, test all the threads. The question is not simply is Achilles right or wrong, or are the Trojans or Argives the real heroes. Homer values both cultures. He sees meaning in the heroic code but he also sees its shortcomings. In that same way, he pictures the horrible sufferings of a world at war and yet shows us the human dignity that can shine through. In the beginning Apollo says that mortals maneuver through Destiny with "the heart of endurance." That is where the Iliad begins and ends. It is ironic that Achilles is young and strong and in his prime while Priam is way past his and yet Achilles is nearer to death.

To Be an Iskolar Ng Bayan

â€Å"Solar Eng banyan† are words which will forever be linked to each one of us studying here In this university. They are usually just accepted by students absent-minded, without truly understanding the weight of being an â€Å"solar Eng banyan†. Usually, for most people, what It meaner to be an â€Å"Solar Eng banyan† Is simply to be a student In the state university, the premier university in the country. However, that meaning is not all there Is to it: it's the tip of the iceberg to what an â€Å"ISO/ask† stands for.What most people forget Is that the term â€Å"Solar Eng banyan† Is actually a literal description f what UP students are: we are scholars of the country. Here in UP, we often see students fight and protest for d higher budget for education from the government because this would directly affect every single one of us kiosks and asks. A part of the annual education budget tot the country Is meant to subsidize our up talon. The relati vely low tuition fee here in UP is due to the fact that our government pays for some chunk of our supposed tuition: therefore what we have to pay for ourselves is a lower fee.However, looking at things In perspective, It Is not really the government hat subsidizes us. The money of the government comes from the Filipino people. Our countrymen, so we owe our education to them. Their money Is used to allow us to study here, therefore we are their scholars; we are scholars of our countrymen and of our country, hence the term â€Å"Solaris Eng banyan†. With that in mind, we have to remember that it is not only our parent's' money that is wasted every time we skip our classes, every time we fail our exams, or every time we have to retake our subjects.We may not feel guilty for wasting our parent's' money, but we should keep In mind hat we are also wasting our fellow Filipinos money. For example, our tuition may have been partly paid by a hardworking father, who does his Job faithfu lly and honestly every day, but the salary he is able to take home to his family is not enough because tax was deducted trot it, tax which was used tort government subsidy tot UP students. Instead of being able to provide his family with enough to eat, his money went to us, to be able to pay for our tuition.We should at least have the decency to be ashamed of wasting the money given to us, mandatory, by our countrymen. This s the reason why UP wants the â€Å"cream of the crop†, the best students in the country, because they wouldn't want to waste the Flossing' money. They know that with good students, the things taught in the classroom would not stay in the classroom, but would stick to the students' minds. UP wants to produce graduates Witt nor and excellence. It is better if we all realize this at once, so we don't call ourselves â€Å"Kiosks and asks† Just to say we are one of the best students this country has.Let's live up to that name, to being â€Å"Solaris En g banyan†, and living up to It doesn't stop once we have radiated. It is important to remember that our country has invested in us by allowing us to be scholars. They expect a return of their Investment. Lets make their investment worth It. They are paying for our education so we could hopefully make their quality of life better, so we could make this country better, That is the real just doing well in school and getting high grades. Being an â€Å"solar Eng banyan† is taking what you learn in the classroom and using them to return the favor given to us by our countrymen.

My Life in College Essay

My Life in College BY arce1921 My Life I am attending this college success class due to the fact I had very poor grades in my previous semesters. I have been attending Palo Alto College for about four years now off and on of course. After four years of college I wish my GPA was more worthy to show to others. After the first semester of college I still was undecided on my major and what I wanted to do with my life. I took a liking for the arts when I was in high school. During high school I was attending an art program called Say Si (San Antonio Artistic Youth) I attend this program all through my high school years. After graduating from this program I was offered a Job in their ABC (artist building communities) program. In this program I was able to mentor children that have no art programs in their current school. We also would teach at different types of children shelters and children hospitals. I enjoy teaching very much, I was looking into teaching art in a school district. But after teaching for 4 years I think it takes a special person to teach little kids. I really don’t have the patiences for teaching 2nd and 3rd graders. I current teach but only older kids. Two semesters have passed and I lacked off on my school and I was going through a rough time in my life with my family. I picked up a second Job due to the fact my teaching Job was only two days out of the week. I started working in the learning about cars and how they work. But after awhile my school schedule did not fit into my work schedule. My boss would give me a hard time about my school life all the time. I had the craziest schedule while working with auto parts. I would go to work in the morning and go to school during my lunch break and I would also go to school after work as while. This was everyday for almost a year and six months. It was two uch for me and I had to withdraw from all my classes and it went down hill from that moment on. I current have a new Job still working with kids but its more personal. I started working for a company called Roy Maas Youth Alternative . This organization houses in children taken by cps custody and probational children. I really enjoy my current job it makes me feel great helping these kids . A lot of these kids come from broken homes and bad backgrounds . Talking to these children helped me decide what I want to do with the rest of my life. I want to pursue social work as my career. This semester is going to be my new turning point in life. I finally have no trouble with my Job or my family. This is going to be the right time for me to get my grades back up to were I want them to be at . I also will start making more time to study and less time slacking off. Teaching art will still be part of my life and hopefully I can squeeze it into my new career. tutoring department to my advantage . I never did go to tutoring in the past semesters, maybe if I took some time out to go I would have done much better in my classes. I am looking forward to keeping my education on track and not derailing off my prize which is to receive my masters in social work.

Ifrs 10 Application to Hyundai and Kia

————————————————- ACCT333 Advanced Financial Accounting ————————————————- Group Project Assignment (IFRS 10) Cheong Wang Shen Gordon Prepared for: Prof Bernardine Low Prepared by: Gordon Cheong Wang Shen Jason Tan Zhu En Twain Teo Wei Ren Wee Huixiang (G4) Table of Contents Question 1: IFRS 10 flowchart3 Question 25 (a) Identifying ambiguity of control5 Background5 Control issues5 Co-owning of subsidiaries5 Inter-company director relations6 Same platform manufacturing6 b) & (c) Application of IFRS 10 flowchart to determine existence of control by Hyundai7 Step 1: Determine the purpose and design of investee (Kia)7 Step 2: Determine relevant activities7 Step 3: Determination of ability to direct relevant activities8 Step 4: Determine if exposed to variable returns9 Step 5: Determine if Hyundai is a principal or an agent10 Question 310 Identification of four requirements in IFRS 10 that are challenging to interpret and apply10 Considering the purpose and design of the investee10 Determining the relative size of voting rights11Considering related parties12 Determining if investor is a principal or agent12 References14 Question 1: IFRS 10 flowchart Question 2 (a) Identifying ambiguity of control Background The Hyundai Motor Company (hereafter referred to as Hyundai) is a multinational automaker based in Seoul, South Korea. Hyundai is one of the two best-known divisions of the global conglomerate Hyundai, the other being Hyundai Heavy Industries, the largest shipbuilder globally. A famous Korean businessman, Chung Ju-yung, founded Hyundai in 1974.Following the Asian Financial Crisis in 1997, Hyundai bought over Kia Motors Corporation (hereafter referred to as Kia) in 1998, which resulted in the formation of the Hyundai Kia Automotive Group (HKAG) . It consists of multiple affiliated companies related through complex shareholding agreements, although Hyundai is taken to be the de facto representative in transactions done with HKAG. During the acquisition of Kia in 1998, Hyundai out-bidded Ford motors to acquire 51% of the company’s shareholding. After a series of divestments over the years, the total ownership of Hyundai in Kia has been reduced to only 33. 5%. Hyundai and Kia are both listed individually on the Korean Stock Exchange. In 2008, Hyundai was ranked the 8th largest automaker in the world. It was also the fastest growing automaker globally for 2 consecutive years (2010 and 2011). The chairman and CEO of Hyundai is Chung Mong-koo, one of the surviving sons of Chung Ju-yung. Control issues Hyundai currently has a 33. 75% direct shareholding in Kia, with the remaining shareholdings being presumably widely dispersed. As such, it evidently has significant influence over the operations and running of Kia’s business.However, establishing direct control between Hyundai and Kia is not as straightforward. There are a number of issues that we have to look at. Co-owning of subsidiaries Hyundai and Kia co-own a large number of subsidiaries. As evidenced by the 2010 consolidated financials of Hyundai, the global branches of the Kia Motors Group are 100% held by Hyundai through Kia themselves. Both companies also have percentage ownership in Hyundai’s various component manufacturing companies like Hyundai HYSCO Company Limited and Hyundai Powertech Company Limited.Aside from this, they also have holdings in Autoever Systems Corporation, where their main Research and Development unit is located. Inter-company director relations The current Chairman and CEO of HMC is Chung Mong-koo. He took over Hyundai in 1992 when the Hyundai Group split into its various divisions. The Hyundai group itself follows a South Korean Business form of conglomerate known as chaebol, where the unique characteri stic is that it is usually a huge family controlled corporate group.As such, it is not surprising to see that many of the third generation members of Chung Ju-yung’s family are heading many of the different divisions of the Hyundai Group. Chung Mong-koo’s only son, Chung Eui-sun was a key operating officer in various corporate planning divisions in Hyundai-Kia before eventually heading Kia as its president from 2005 to 2009. Currently, he is the vice chairman of Hyundai and is on the internal board of directors for Kia. Aside from this, Chung Mong-koo also has a 5% shareholding in Kia. Same platform manufacturingBoth Hyundai and Kia co-own manufacturing subsidiaries that produce component parts to both companies. As a result, their production facilities get the similar component parts from the same suppliers. The companies also use the same power trains (engines and transmissions) all manufactured largely from the Hyundai Powertech Company Limited. A majority of the au tomobile electronic components from both brands also come from Hyundai MOBIS Limited. Both these companies are co-owned subsidiaries of Hyundai and Kia. Both Hyundai and Kia also share design studios.In fact, the vice president of design based in HMC actually oversees the design management of both brands. The family controlled heading of both Hyundai and Kia allows us to consider the possibility of Hyundai having a controlling influence over Kia, especially with Chung Eui-sun’s dual positions on both companies’ board of directors. Furthermore, given the fact that both companies virtually sprout from the same supply chain, and control over their research and development and design of the vehicles are headed by staff based in Hyundai, we can see hat these revenue generating activities greatly affect the business operations of both companies. Even though Kia is clearly not a subsidiary at first glance, given the meagre 33. 75% ownership by Hyundai, it would appear that Hy undai may be exerting more than just significant influence over Kia through the various factors mentioned. (b) & (c) Application of IFRS 10 flowchart to determine existence of control by Hyundai Step 1: Determine the purpose and design of investee (Kia) Hyundai purchased shares in Kia for 1. 18 trillion won in November 1998.The purpose of this acquisition in Kia is for Hyundai to gain significant foothold and widen its market share in the auto industry. By taking over Kia Motor, the Hyundai-Kia group was able to forge a solid position having over 70% of domestic market share and become the 7th or 8th global automaker by combining its affiliates’ production capacity into the total volume of 2. 9 million units in 1999. Step 2: Determine relevant activities Activities| Does it significantly affect investees’ returns –> relevant activities? | Example of decisions about relevant activities| How decisions about relevant activities are made? Research and development| Y es| Reduce the number of platforms to 718 by the end of 2005, in order to save the costs of product development and manufacturing and produce a variety of car models having differing external styling and interior options for the brands of Hyundai and Kia| Decisions are made by a joint R&D Division led by the Chief Technology Officer (for Hyundai and Kia combined)| Auto-assembly| Yes| Which type of vehicle that each plant should produce? Whether Hyundai and Kia should share power-train parts (i. e. engine and transmission) to be supplied to assembly plantsWhether Hyundai and Kia should share production technology| Decisions are made by top management of the Hyundai-Kia group, where the de facto representative is Hyundai| Auto parts supply| Yes| Which vendor should supply auto parts to the companies? How many vendors should they engage? | Decisions are made by Joint Material Handling Division that Hyundai and Kia set up| Marketing and competition| Yes| Whether to focus on price or non price competition such as customer service and product quality| Decisions are made by top management of the Hyundai-Kia group|Step 3: Determination of ability to direct relevant activities Hyundai owns 33. 75% of the shares in Kia Motors. In addition, Chung Eui-sun, the son of the Hyundai Motor Group Chairman, owns another 1. 73% of the shares. This presumably gives Hyundai control of 35. 48% of Kia Motors, which is significantly less than the 50% shareholding that would give Hyundai the majority of the voting rights. However, we are unable to find any evidence that anyone has control of a large proportion of the remaining shares, and thus we feel that the assumption that the rest of the shares in Kia are highly dispersed is a reasonable one.If that is the case, then it is almost impossible that all these shareholders will collectively outvote Hyundai when a decision needs to be made, so Hyundai can be said to have power over the relevant activities. Another factor to consider is t hat Mr Chung is both the vice chairman of Hyundai and an internal director of Kia. As Mr Chung sits on Kia’s board, he should have a certain amount of influence over Kia’s decision-making process. This factor, coupled with Hyundai’s holding of voting rights, lend much weight to the claim that Hyundai can direct the relevant activities.Last but not least, we notice from the table above that the Hyundai and Kia managements jointly make most decisions regarding relevant activities. In fact, Hyundai and Kia share almost the same supply chain. Many companies in the supply chain are subsidiaries or associates co-owned by these two parents. However, because Hyundai owns a larger portion of shares, and hence voting rights, in most of these entities, Kia is understandably at risk if it goes all out to oppose Hyundai in some way or another.It can be seen that when decisions are made, Hyundai is better represented because of both the presence of its management and its voti ng rights, and Kia would tend to concede ground to Hyundai when there are disagreements. So, even though Hyundai owns less than 50% of the shareholding in Kia, they probably still have enough power to direct the relevant activities. Step 4: Determine if exposed to variable returns If Hyundai has actual control of Kia, they will be exposed to returns, which can be positive, negative or both.Also these returns must be variable rather than fixed. The returns that Hyundai is exposed to can be classified into two categories: 1) Returns not available to other interest holders. This refers to cost savings and synergies that arise from Hyundai owning Kia, which other shareholders in Kia would not be entitled to. In this case, they are mostly in the form of cost savings, due to the similar operations of the two companies. Consolidation of R&D centres of Hyundai and Kia, sharing of R&D centres allowed both companies to lower costs by reducing number of employees in the R&D centres * Products share similar core platforms leads to savings and economies of scale * Sharing of factories leads to further specialisation, for example, Kia’s Kwangju plant was designated as a specialised assembly plant for small-sized commercial vehicles for both Hyundai and Kia, leading to cost reduction * Sharing auto-part suppliers to apply greater pressure on suppliers for cost savings on supplies 2) Dividends Kia paid out 96 billion won in dividends in 2010 * Hyundai’s ownership of common stock entitles them to receive dividends from Kia. Thus, it can be seen that Hyundai meets all our requirements that would allow it to classify Kia as a subsidiary. Our last step would be to ensure that Hyundai is acting in the capacity of a principal, rather than that of an agent, which is holding delegated power. Step 5: Determine if Hyundai is a principal or an agentIn determining whether Hyundai is acting as a principal or an agent, we need to consider four factors: 1) Scope of decision ma king authority * Unable to find information proving that Hyundai has any limits to the decisions it can make for Kia * Presumably, Hyundai can make most decisions for Kia 2) Rights held by other parties * No evidence of rights held by other parties 3) Exposure to variability of returns from investees * High cost savings due to economies of scale Many of Hyundai’s subsidiaries depend on Kia for revenue * Affected by dividends paid out by Kia 4) Remuneration * Almost solely dependent on dividends, which are highly variable * No actual fixed remuneration In consideration of all the four factors, Hyundai is most likely a principal and not an agent. Hence we can reasonably conclude, after thorough application of the framework, that Kia is a subsidiary of Hyundai. Question 3Identification of four requirements in IFRS 10 that are challenging to interpret and apply Considering the purpose and design of the investee Paragraph B5 of IFRS 10 explains that â€Å"when assessing control o f an investee, an investor shall consider the purpose and design of the investee in order to identify the relevant activities, how decisions about the relevant activities are made, who has the current ability to direct those activities and who receives returns from those activities†.Paragraphs B51-B53 then goes on to explain the factors to be considered when determining the purpose and design of the investee. However, IFRS 10 does not explain how the purpose and design of the investee can be used to â€Å"identify the relevant activities, how decisions about the relevant activities are made, who has the current ability to direct those activities and who receives returns from those activities†, which paragraph B5 suggested. A simplistic scenario is given in paragraph B6, whereby the investee is controlled by means of equity investments.Beyond this straightforward case, paragraph B7 directs readers back to the factors listed in B3 to determine control (relevant activities , ability to direct relevant activities, variable returns and ability to use power over investee to affect returns). Furthermore, the factors provided in paragraphs B51-B53 are hard to determine and require much professional judgment. For instance, paragraph B51 states that in the process of assessing the purpose and design, we â€Å"evaluate whether the transaction terms and features of the involvement (at investee’s inception) provide the investor with rights that are sufficient to give it power†.No conclusive elaboration is provided by IFRS 10, and it is uncertain whether being involved in the investee’s inception signifies control. This creates much ambiguity and inconsistent interpretation across firms. Rather than making it seem like an isolated step with little purpose, IFRS 10 should provide clearer guidance for the objective of determining the purpose and design of the investee. Clearer linkages, between the consideration of purpose and design of invest ee and the other factors to be considered when determining control, could also be provided to improve the flow of IFRS 10.Furthermore, more comprehensive and conclusive guidelines could be included to standardise the interpretation of the purpose and design of the investee. Determining the relative size of voting rights According to paragraph B42, an investor can consider the size of its holding of voting rights relative to the size and dispersion of other holdings of the other vote holders to determine whether its rights are sufficient to give it power. However, because relativity encompasses the use of personal judgement, this section may be open to manipulation.In Hyundai’s case, it holds around 35% of the voting rights, including those held by its vice chairman, Chung Eui-sun. If the rest of the voting rights are very widely dispersed, with nobody else holding more than 1%, Hyundai can say that it has control because it is very improbable that all the other parties will c ome together to collectively outvote Hyundai. On the other hand, Hyundai can also claim that there is still a possibility that the other shareholders will collectively vote against Hyundai if it introduces a policy that does not benefit them, so in that case, Hyundai does not have control.We notice that the voting structure remains the same, yet different interpretations can be derived. Paragraph B42 also says that other circumstances, such as voting patterns at previous shareholders’ meetings, can be considered, but it is hard to say if the historical patterns are able to predict the future. Shareholders might not have voted in previous meetings because there were no major decisions that affected them, but if Hyundai intends to propose something revolutionary, the voting situation will definitely change.IFRS 10 can provide more detailed guidance to ensure that this section is applied appropriately and consistently. For example, when determining how widely dispersed the rest of the voting rights are, an investor should consider only the next 10 largest shareholders. If their combined holding is larger than that of the investor, then the investor does not have control based on this requirement alone. When assessing previous voting patterns, the investor should only look at shareholders’ meetings where issues of similar impact were raised.If previous meetings did not encompass such issues, then the voting patterns for those meetings cannot be considered. Considering related parties Paragraph B18 states that an investor can consider whether the investee’s key management personnel are related parties of the investor when determining if the investor has the practical ability to direct relevant activities unilaterally. However, it does not specify how much influence the related parties must have over the investee, so this may not always be a good indicator of power.For example, Hyundai’s vice chairman, Chung Eui-sun, is also on Kiaâ€℠¢s internal board of directors. According to paragraph B18, this should provide evidence that Hyundai has power over Kia. But in order to determine whether Hyundai can direct relevant activities through Chung Eui-sun, we must also consider the amount of influence that he has over Kia’s decision-making process. Kia has 9 directors on its board, of whom two are also presidents in the company, so Chung Eui-sun may not always have his way. If the investor does not take this into consideration, then the determination of control would be flawed.In that sense, this requirement would be more complete if guidance on the influence commanded by related parties was given. Instead of only determining whether there are related parties in the investee’s governing bodies, the investor should also take into account the role and power of the related parties. If the related parties have the final say when it comes to decision-making over relevant activities, then this factor can conclusi vely determine that the investor has power. But if the related parties do not have the final say, then only a minimal weight should be placed on this factor.Determining if investor is a principal or agent Being able to determine if the investor is a principal or an agent is crucial to determining whether the investor has control over the investee. A principal would have power over the investee, but an agent would only have delegated power. Delegated power is held on behalf of a third party who ultimately controls the investee. The method prescribed in IFRS 10 for determining if a decision maker is an agent is the consideration of the factors listed in paragraph B60.Upon further elaboration of the factors, IFRS 10 provides certain cases where the investee is definitely a principal or an agent. For example, paragraph B70 states that â€Å"a decision maker cannot be an agent unless the conditions set out in paragraph B69 (a) and (b) are present. † However, if none of these extre me conditions are met, we must assume that we would have to take all five conditions into account when trying to decide if the investor is an agent. However, there is no prescription in IFRS 10 about how to consider these conditions.In a situation where some of the conditions point towards the investor being an agent and some point towards them being a principal, there is a certain amount of ambiguity in whether the investor should be classified as a principal or an agent. This gives the company some leeway in choosing the decision that would reflect a better financial position of the firm. This could lead to reduced accuracy of financial statements and less comparability among financial statements of different companies.To make this requirement easier to interpret and apply, IFRS 10 should clearly state the relative importance of each factor. For example, the factors which are given a higher relative importance would have a higher influence on whether the company is a principal or an agent, as compared to those with a lower importance. As such, in ambiguous cases, companies will know which factors should be considered first. Given this, all companies will have more similar definitions of principal/agent, thereby reducing the ambiguity and increasing comparability among different financial statements.References 1) Hyundai 2010 Annual Report http://worldwide. hyundai. com/company-overview/investor-relations/financial-information-Annual-Report-view. aspx? idx=13&&nCurPage=1&ListNum=11 2) Kia 2010 Annual Report http://www. kmcir. com/eng/library/annual. asp 3) Merger and Reconfiguring of Hyundai-Kia (Byoung-Hoon Lee, Sung Jae Cho) http://gerpisa. org/rencontre/9. rencontre/S13Lee-Cho. pdf 4) HYUNDAI MOTORS’ DE-CHAEBOLIZATION EFFECTS (Hyunjoong Jun) http://gerpisa. org/rencontre/9. rencontre/S13Jun. pdf