Levendary cafe case study Essay

1. Statement of Problem: What are the problems being faced and the most important 3-4 decisions the company needs to make regarding the situation of the company in China. The company transformation from private equity ownership with an immediate shift of CEO marked new challenges for the company. The company has been going through rigorous changes to keep up with the strong performance track record. However, the distinction of the profiles and management approach of the two CEOs was obviously noticed by the subordinates. The intelligent handling of management issues and concerns with subsequent impact on the employees and consumers mark the importance and sensitivity of the decisions of Mia Foster. The response and performance of China Market are the primary problematic area of the company. The management is piled with issues and skepticism on the ground of the equation generated out of new CEO, new Market, new strategies and new reporting procedures. The dire need of management is to visit location with ample supporting information and vigilant approach to take hold over the situation. The core areas to be addressed in this reference includes the dil emmas of swirled market reputation of the company, skepticism over the company’s potential to grow as a multinational brand, competitor’s rivalry and in house mismanagement issues. An immediate and focused response to the illustrated concerns is essential at this point of time to take hold of the situation before it gets any worst. The solutions devised in this reference are illustrated below; a.  Product Image in Market. b. Communication plan (Internal / External) c. Documentation of Policies and procedures d. Marketing strategy development 2. Alternatives: What are three different courses of action she can take to deal with Louis Chen and solve these various issues? Clearly explain. The importance of the concerns with the necessity to strategically move to address the issues is obvious. The different courses of action that can be adapted to respond the requisites are referred below: a. Department Heads are to be aligned over a platform with allocation of KPI in their respective fields in the light of the strategic objectives. b. The board of directors is to be supported by an in house team to monitor and coach the resolutions. c. A third person consultation service can be hired with an objective of desired goals. 3. Decision: Recommend one course of action. Convince us why this one is best and will help fix the problems. Address any criticism that this decision is likely to face Amongst the suggested options the first option of allocation targeted objectives as KPIs of the department head is the most suitable, as it will utilize in house resources and direct monitoring of the in charge. At the same time, the possibility of information leakage or blame game is further at the diminished end if this option is opted. 4. Action: List and describe 4-5 action steps to turn your plan into reality and implement the plan A comprehensive and concise action plan to support the strategy is suggested below for your perusal. a. Development and establishment of company processes and policies. b. The communication of policies amongst all branches. c. Development of communication model that is separate links for internal communication with a user friendly website for consumers. d. The hiring of a regional media manager and financial analyst to keep the track on the path. e. Regular observation of agendas over the Board meetings. f. Allocations of target oriented KPI’s under the observation of the strategic goals.

Bad Coaching

Bad Coaching Bad coaching is a generalized term used for several effects that are considered depraved decisions made by any coach on and off the field. Such decisions can result in players having a lack of respect for the coach, game losses, the coach being fired, and a tainted reputation of coaching. Coaching is only difficult to those who are not willing to sacrifice the time and energy that goes into being a suitable coach. Coaching is not an average job. It is easier to be an unfitting coach then a decent coach. Lack of respect comes from the coach not initiating the correct form of relationship between the player and coach.It’s not inappropriate to develop a friendship with the players on the team as well, but the coach must set the boundaries between the two relationships. If not, the player or players will not respect the coach and nor take responsibility to see the vision of creating a successful team. The players will do as they see fit, disregarding what the coach sa ys what needs to get done. Creating a proper bond with boundaries is a must in gaining the respect of the players. Game losses originate from the coach not having control over the players and being incapable of keeping them focus on the main goal.With the players unable to focus, they will most likely get into altercations with other players of the opposing team and even with their own. Game losses are not something to boast about. Enabling the players to focus will minimize the number of losses in a season. The last results of bad coaching are being fired and have a tainted reputation of coaching. These results seemingly come from the showing of no control over the players and most importantly to some organizations losing records. Being fired is very embarrassing, as being terminated from any job.After being fired, it damages the reputation of the coach. For the coach, it will be more difficult to obtain another job. Reputation is everything in search for a coaching job. Being fire d and having the reputation of a bad coach will make it nearly impossible to recover from. In conclusion, Coaching is not a hard job. Coaching is only hard to those who are not willing to put in the long hours and patients to making the job easy. Be sure not to make any mistakes as so many coaches have done in the past. The lives can be altered if not done properly.

Leadership and power Essay

We have described power as the capacity to cause change and influence as the degree of actual change in a target’s behaviors. Ho Ching’s power as a leader has been recognized by many, but would you describe Ho Ching as an influential leader? Why? Yes Ho Ching would be an influential leader because she has the capabilities to persuade others to follow her lead 2.Based on the excerpt from Ho Ching’s speech, what type of tactics does she use to influence the behavior of others? Ho Ching use coercive power to direct her followers 3. Ho Ching has been named one of the most powerful leaders in Asia. What are her major sources of power? Her major resource of power came mainly on her connections mostly her husband Review the Leader Motives in Ch. 5 of Leadership: Enhancing the Lessons of Experience. How would you characterize Ho Ching’s motives? Her motives were to build a better relationship with India and help Singapore grow. Review Highlight 5.3 in Leadership: Enhancing the Lessons of Experience. What role, if any, do managerial differences based on gender play here? There are managerial differences based on gender Females tend to act with the organization’s broad interests in attempt mind, consider how others felt about the influence, involve others in planning, and focus on both the task and interpersonal aspects of the situation. Male managers, on the other hand, were more likely to act out of self-interest, show less consideration for how others might feel about the influence attempt, work alone in developing their strategy, and focus primarily on the task alone. Malemanagers, on the other hand, were more likely to act out of self-interest, show less consideration for how others might feel about the influence attempt, work alone in developing their strategy, and focus primarily on the task alone. Female managers were less likely than male managers to compromise or negotiate during their influence attempts. The female managers were actually more likely to persist in trying to persuade their superiors, even to the point of open opposition. Although their managerial styles were different neither group was more effective than the other.

Abacus Distribution plc Research Paper Example | Topics and Well Written Essays - 1000 words

Abacus Distribution plc - Research Paper Example With these acquisitions, it is believed that there would be a major thrust in the financial markets. This has also resulted in the consolidation of the product markets by Abacus and it is now positioned as the 5th largest distributor of electronic components in the industrial markets in Europe. (Annual Report and Accounts. 2006).The changes from GAAP to IFRS have brought about a major transformation in the treatment of Goodwill in accounting records. In the earlier accounting periods, goodwill was amortized through the profit and loss account, along with other intangible assets, but under IFRS, good will valuation is reviewed through a yearly goodwill impairment evaluation method. (Amortisation of Acquired Intangibles andCapital: On 30/9/2006, the Net Bank debt was to the tune of 61.4 Million due to the amounts of 12.1 million and also 1.8 million acquired from Deltron and Axees Technologies. A sum of 6.9 million was also paid towards purchase consideration for the acquisition of Axe es Tech. (Cash flow and working capital. 2006).These factors have increased the operating capital requirements for the Company. During earlier years, the Deltron business had reduced working capital to such an extent that the needs of the customers were not being met, with the integration of these companies into the Abacus fold, the situation would improve considerably in future years. Since Abacus enjoys invoice discounting facilities with the banks, there are reduced pressures for the minimizing the debtors levels. However, there is further need for exercising greater control over the working capital needs, and to bring it down to lower levels once the integration is totally carried out. The financial policy of the company has been to make sure that adequate financial resources are made available in a cost-effective manner. At Abacus, no speculative transactions are carried out and all foreign currency transactions are recorded at their projected levels. Dividends: Dividends: the dividends declared by the Company are as follows: 1. In the year 2002 - 9.7 Pence 2. In the year 2003 -10.2 Pence 3. In the year 2004 - 10.5 Pence 4. In the year 2005 - 7.2 Pence 5. In the year 2002 - 7.2 Pence (Annual Review and Accounts. 2006). The fall in the dividend rate is a major matter of concern for the shareholders. it is found that the dividend rate has remained unaltered in 2005 - 2006. The management feels that with increased operational performance, in future years the rate of dividend could be improved in future years. Question 2 Market Value Added The Market value added could be seen as the difference between the market value of Abacus stock - the equity capital of shareholders. In this case, the market capitalization value is 53. 32M on 13.11.2007. (Abacus Group PLC; Holding(s) in Companies.( 2007). The equity capital available to shareholders is 80.2M Therefore the MVA = 80.2-53.32 = 26.88 (In the absence of market cap. figures for 2005 and 2006 the figures could not be provided) Market Book Values During 2004, EPS stood at 5.4 p (Abacus Group) (Abacus Group plc. 2004). and the Book value of the share price=0.5p, therefore, the Market Book Value would be 5.4 X 0.5 =2.7 During 2005, the EPS stood at 14.1p (Financial review: earnings per share 2005). and the Book value of the share price=0.5p, therefore, the Market Book Value would be 14.1x 0.5 = 7.05 (Note: In the absence of Market Value of Abacus share as on 30.11.2004 & 2005, the calculation has been based on EPS valuation) Again the Market book value could be Market Price per share/ Book value per share In this case it is seen Market

Current macroeconomic situation in the U.S Essay - 1

Current macroeconomic situation in the U.S - Essay Example dy track, it won’t be until a couple of years later that the economy will be moving towards growth such that it would create jobs and resolve the ever increasing unemployment (Perlo, 2012). The recovery is expected but after two years, and this recovery will continue for a long period of time and even reinforce it eventually (Perlo, 2012). A critical view point to this whole situation is that the profits have been restored at the expense of social benefits and salaries, but it will eventually have an impact on investments resulting in an increase. When looking at the real estate, there has been no new housing construction. But when the up surging demand from family household is considered there is a good chance that there will be a boom in the real estate market in the near future. One should always be kept in mind when analyzing the current situation of the US that this is the recovery session after the financial crisis, so circumstances are definitely abnormal. As mentioned earlier, job creation is of paramount importance. According to an estimate, over 300,000 new jobs need to be created every month if a significant change is to be observed in the near future. The FOMC or the Federal Open Market Committee met in August 2012. The statement given in the form of press release suggests that â€Å"economic activity has continued to expand at a moderate pace in recent months† (federalresesrve.gov), quite an objective statement but it definitely tells why the word ‘moderately’ has been used here. The economic activity is not that helpful, the other factors have played a part in better results of the recent quarter. However, the economic activity is also not going wayward. Certain easy money policy tools have backfired for economy. For instance the total income factor (wage rates) has been declining because of the tools that have been used to handle the finances (Mauldin, 2012). After the financial crunch of 2008, the falling prices of homes have troubled the

Sustainable Operations Paper Essay Example | Topics and Well Written Essays - 2000 words

Sustainable Operations Paper - Essay Example Soon companies started realizing that profits and profitability are not the only factors of long term development but future of the people and the planet are also key elements for sustainable operations. Hence, these new objectives were classified as the triple bottom line (3BL) which included the three P’s of people, profit and planet. After all the recent developments and expansions, people have started to ask for more than mere salaries and profits. They now emphasize on factors like improved performance on environmental, health and safety issues. So now Wal-Mart has to make the decision of investing in such activities of environmental and health concerns and how do follow them in the most efficient and cost effective method. Wal-Mart, 2009. Media OnSugar [http://media.onsugar.com/files/ons4/2009/12/53/307/3075777/e343f2c5ac55a097_350px-Sustainable_development.svg.xlarge.jpg] â€Å"At Wal-Mart, we know that being an efficient and profitable business and being a good stewar d of the environment are goals that can work together. Our broad environmental goals at Wal-Mart are simple and straightforward: To be supplied 100 percent by renewable energy; To create zero waste; To sell products that sustains people and the environment. Our efforts have been recognized through  numerous awards, which would not be possible without the support of our customers, associates and communities around the world.† (Wal-mart, 2012) Wal-Mart launched a global business strategy of sustainability to lessen the business’s burden on the global environment and hence become one of the leading supply-chain companies in the world. They aimed to be named as the most competitive and innovative company in the world. The emphasis was then on the fact that objective of profitability was going to be taken along with the implementation of development of the environment. (Wal-Mart, 2012) The management at Wal-Mart knew that they had to carry the program of improvement of env ironment along with business profitability to gain sustainable operations and growth in longer term. Wal-Mart hired a popular firm, Blu Skye for an overall analysis of the environmental impact and for consultation on issues related to sustainability in the globalized world. Wal-Mart collaborated with other companies as well which included; Conservation International (CI) and Environmental Defense (ED). ( Farfan, 2011) The team of Wal-Mart executives had identified 3 primary areas of environmental goals which mainly included; energy, waste and products. All these are divided into two sections; direct goals and indirect goals. Direct goals include increasing energy efficiency, transitioning to renewable energy and reducing waste in retail operations. All these were in immediate control of Wal-Mart and can be classified as primary factors. Indirect goals included basic operations and relationship with the suppliers. They focused more on sustainable operations and entire value chain of Wal-Mart. (Herrera, 2010) All the sustainable operations drive led by the management of Wal-Mart was highly confused as being more of philanthropist nature. After serious concerns and meeting, the idea was brought into the mind of many who were confused to clear all the misconceptions about the business handling being carried out. They stated that all the business activity carried out by Wal-Mart was not

Mohammed Ibn Abdul Wahab and Wahhabism Essay Example | Topics and Well Written Essays - 2500 words

Mohammed Ibn Abdul Wahab and Wahhabism - Essay Example For the purpose of this essay, we shall restrict our discussion to Wahhabi Islam and its influences on current Islamic fundamentalism and the society as a whole. This especially involves Islamic terrorism since Wahhabi Islam is considered to be the premier fundamentalist religious movement supporting it and still incorporates religious beliefs and principles from Koran not found anywhere else in the world. Mohammad ibn bd ul-Wahab was a reformist born in 1703 in Central Arabia in Bani Tamim tribe. He learned literature at a Hanifite school, Islamic law at Medina, and then after few years in his hometown, commenced working as an Islamic teacher after returning to Nejd. Influenced by his examination of luxuries of life, superstitious pilgrimages, worship of Prophet Mohammed and other saints rather than the God and use of omens, he was repulsed and began to pronounce simplicity of early religion as per Koran. Thus began a sect now known as Wahhabism. There was considerable difference in religious texts and actual situation on ground in practical Islam. He was amazed at the importance given to practices like pilgrimages, saints, sacrifices while non-adherence to Islamic law, indifference to conditions of women, widows and children, lack of ritual prayers and non-inheritance of family share to women. He began to preach against jahilliya, which meant ignorance of Islamic laws. Jahilliya was a term in Islam referring to barbarism and ignorance that existed before Islam was founded. Paradoxically, while Wahhab recognized himself with Prophet Mohammed in principles, he connected his society with he same evils that the prophet attempted to overthrow. (Cline, 2003) Because so many Muslims lived (or so he claimed) in jahiliyya, Abd-ul Wahhab accused them of not being true Muslims at all. Those who followed the strict teachings of al-Wahhab were proclaimed as true Muslims during the period because only they still followed the path laid out by Allah. Accusing someone of not being a true Muslim is significant because it is forbidden for one Muslim to kill another; but if someone is not a true Muslim then killing them (in war or in an act of terrorism) becomes legitimate. It would be hard to underestimate the importance of this principle to modern terrorists and extremists. He also based his preachings on principle of uniqueness of God and his students were called as Muwahuddin (Unitarians). The basic text of Wahhabis is the Kitab at-tawhid or the book of unity. Their critics called them Wahhabis who mainly concentrated against Shia ideologies. While this word was originally used in a derogatory context, it has now become commonplace and is used by even people in Nejd. Most Wahhabis today live in Saudi Arabia. However, with passage of time and influx of notorious money, their influence has spread in many other countries of the middle-east, central and South Asia. Implementation of Wahhabism Mohammed Ibn Abd'ul Wahhab's directions for implementation of Islamic law as per his interpretation of Koran were strict and non-tolerant. All non-believer Islamists as well as non-Islamic people were to be put to death immediately. Soldiers of Islam were promised immediate entrance into Paradise and, unbelievably, each soldier had a written order from Ibn Abd-ul Wahhab for the gatekeeper to admit him in heaven forthwith. Wahhab died in 1791, and Wahhabism spread until it was broken down by Mehemet

Nelson Mandela - An International Leader Coursework

Nelson Mandela - An International Leader - Coursework Example His involvement in the African National Congress (ANC) and the organization’s activities to end apartheid led to his imprisonment in 1964 when he received a life sentence. His dream was to end apartheid and after many obstacles including 27 years in prison his goal was finally achieved in 1994 when he became the first democratically elected black president of South Africa. Nelson Mandela Dream and the Fight to End Apartheid Nelson Mandela’s dream was a united South Africa where everyone had the same rights. This dream started with his membership and in the ANC where he was soon elected to the executive committee of the Youth League. His struggle to end apartheid landed him in prison where he won the respect of fellow inmates. While there he continued to work towards his dream. In fact, he indicated that the struggle was his life (Mandela 1994). He was not about to give up but had to change his approach (tactics) to achieve his goal. In prison it was never easy but his o ptimism kept him going (Henderson 1996). From his seven by seven foot prison cell he communicated with and influenced his fellow prisoners. His skills at negotiating were obvious. In fact, in an article published in The Journal of Blacks in Higher Education in the summer of 1999, Mandela was described as very charismatic with great negotiation skills. His dream started to show signs of realization when he started to receive offers for release.

World Literature Essay Example | Topics and Well Written Essays - 250 words

World Literature - Essay Example In real life, there are a lot of wicked individuals who seem to never get punished but escape penalties so often. On the other hand, many good people also suffer from the hardships of life. For instance, a non-smoker who suffers from lung cancer might compare him/herself to a smoker who never gets to visit a doctor. There are criminals who get off their cases and innocent individuals placed in jail just because they were at the wrong place at the wrong time. Of course, there is the afterlife that they consider to be inescapable but one can never get the doubt of his mind about the things he sees much less put a strong hope in things unseen. Hebrew Scriptures It is amazing to note centuries old scrolls to have been preserved and have survived through these years, at least in content, if not all the original scripts exist. The book of Deuteronomy is a part of the Torah or Pentateuch, the first five books of the Bible. As there is no way but to speculate on who wrote it, the facts about primary actors like Moses, Aaron and Miriam have not been omitted so that the contents of which become more important than who the author is.

Was Henry David Thoeau a true transcendentalist Essay

Was Henry David Thoeau a true transcendentalist - Essay Example Through many of his works, more specifically Walden, Thoreau divulged into the concept of living without the dependency of material goods and completely giving up ideas of religion and spirituality, as these two things only existed to impede on the happiness of human beings. By living a life of simplicity, a life that was without such an attachment to materialism, and by understanding that spirituality is within a person and not without them, then a person could discover true human happiness. Unfortunately, in a world that depends so much on the quality and quantity of what they have externally, paying very little attention to what is available internally, true human happiness was often easier discussed than it was obtained. The factor that truly make Thoreau a transcendentalist is that he actually did what he had to in an effort to obtain true happiness. Instead of simply preaching to others that all it takes is for someone to live a simple life without all of the material possessio ns and to live without a need for religion and spirituality, Thoreau actually set out to live a life just like that. In his book, Walden, Thoreau details his life after he built a small cabin on the shore of Walden Pond, Massachusetts (Thoreau).

Jainism, Buddhism, and Hinduism Essay Example for Free

Jainism, Buddhism, and Hinduism Essay Jainism, Buddhism, and Hinduism, three of the world’s most dynamic and ancient religions developed in India around the same time. Though each borrowed from, evolved because of, or came into conflict with each other: Hinduism, Buddhism, and Jainism are more than religions, but cross-sections of an entire culture and time period. Jainism, Buddhism, and Hinduism have many a huge impact on eastern life as we know it. The interactions between humans and environment that these religions have had have been phenomenal. Jainism being the oldest of the three has 12-18 million followers(jaindharmonline.com). Jain migrated from India to other countries beginning with them migrating to Britain and British colonies. In the beginning, a number of â€Å"Gujarati† Jains migrated to coastal towns of East Africa and later moved inland, particularly to Kenya, to open businesses. The Jain community in India represents an affluent and influential minority of the population.Jains now mostly reside in north-east Africa. Buddhism, on the other hand, is the sixth largest religion by population. It has about 367 million followers and is7% of the worlds population(cia.gov). Buddhism spread along land routes of the Silk Road, it underwent profound change. There were great overland trade routes in those days and in later centuries too, that joined China even to the Mediterranean. Along these routes Buddhism spread to northwest India and beyond, along the east-west Silk Route. Hinnduisms origin is much more shrouded though, in terms of its religious development there are now two basic theories that attempt to explain how Hinduism first developed within India, and they both draw on the famous â€Å"ekam sat viprah bahudah vandanti verse† for their effectiveness. One suggests that at some time towards the end of the Indus Valley Civilization a group of nomadic people called the Aryans moved into northern India from the steppes of central Europe or even Asia Minor while the other theory suggests that Hinduism emerged out of India itself(Dasa). The beliefs for these three religions are mostly the same in essence, they were all founded on the beliefs of peace and prosperity. They are also known as â€Å"The Paths of Enlightenment†. Hinduism ,though believed by many to be a polytheistic religion, the basis of Hinduism is the belief in the unity of everything. This totality is called Brahman. The purpose of life is to realize that we are part of God and by doing so we can leave this plane of existence and rejoin with God. This enlightenment can only be achieved by going through cycles of birth, life and death known as samsara. Ones progress towards enlightenment is measured by his karma. This is the accumulation of all ones good and bad deeds and this determines the persons next reincarnation. Jainism has many similarities to Hinduism and Buddhism which developed in the same part of the world. They believe in karma and reincarnation as do Hindus, but they believe that enlightenment and liberation from this cycle can only be achieved through asceticism. In Buddhism, nirvana is freedom from the cycle of rebirth, when a being turns into a state of non-being, or Sunya, looses its identity and becomes nothing. These religions were all derived out of India which used the caste system for their government. The buildings made for these religions were all complex and amazing in nature. Buddhists temples were mostly built in natural environments, such as forests and tops of hills. Hindu temples were built in more urban environments and used red paints for most of their buildings and temples. And Jain temples were also built in more urban places and used beige and gold paints for their buildings and temples. These religions expanded in many different ways, they all originated in India, and started spreading throughout the world. The two that are most know today are Hinduism and Buddhism, Jainism still has about 16 million followers though. Buddhist temples were built along the Silk Road for prayer for the travelers. Hindu kept most of their temples inside of India unlike the Jainist that moved to northern Africa. It spread outside of Magadha starting in the Buddhas lifetime, and with the reign of the Buddhist Mauryan Emperor Asoka, spread across Nepal straight down to China and all the way to Japan and became one of the dominant religions in these parts of Asia(Chung).Hinduism is a religion] of the Indian subcontinent of India, with 80.5% of the population identifying themselves as Hindus. The vast majority of Hindus in India belong to Vaishnavite and Shaivite denominations(Thompson Patts) As part of the reaction against Hinduism during its early years, Buddhism rejected the caste system and other forms of social stratification and instead set up an essentially egalitarian society. There are only two religiously important social groups: the monks, who have dedicated their lives to full time pursuit of religious goals, and everyone else. The monks, as a group, are called the sangha(uwacadweb.uwyo.edu). When the Aryans moved into northwest India, they imposed a caste system to organize the new society created by their arrival. The Hindus then put together a hierarchy of four varnas, which later was expanded to include a fifth category. The caste system, which the Hindus followed, initially served to maintain rigid social boundaries between the invaders and the previous inhabitants. By 80 A. D. the Jains were divided into two sects. The Svetambara or white clad live mainly in northern India today(Sprunger). They are more liberal in their interpretation of Mahavirals teaching regarding nudity and allow their monks to wear a white garment. Women are also allowed in their religion and monasteries accepting the possibility that they may find salvation(Sprunger).

Virtue and Man Essay Example for Free

Virtue and Man Essay Throughout the ages, many have spent their lives on a quest for power, believing that power holds the key to all they desire. Yet power, with its illusive duality, may enable one to accomplish amazing feats or result in ones tragic downfall. In Macbeth, the character of many power hungry men was put to the test, and each respond differently based on the traits they possess. For many different characters in Macbeth, Shakespeare entwines the traits, which epitomize a man, none of greater importance than ones honor. Throughout Macbeth, many of the characteristics that embody a man vividly display themselves. However, no individual portrays all of these traits. Malcolm lists many of these desirable traits: The king-becoming graces, As justice, verity, temp’rance, stableness, Bounty, perseverance, mercy, lowliness, Devotion, patience, courage, fortitude. . . . (IV iii 106-109) While this list of virtues and traits holds a high mark for any man, many men in Macbeth prove they possess these traits. Malcolm, Banquo, and Macduff exhibit courage, and fortitude in their willingness to shed their own blood in order to overthrow the tyranny of Macbeth. This display of devotion to their country earns them the respect of their countrymen. Furthermore, to earn the title of â€Å"man† one must prove himself worthy of the trust of others. Macbeth himself comments on the value of trust when he says, â€Å"The service and the loyalty I owe, / In doing it pays itself† (I iv 25-26). While a man gains respect by earning the trust of others, trust does not come without responsibility. Banquo epitomizes this responsibility as he resists the temptations to succumb to the witches lure: So I lose none In seeking to augment it but still keep My bosom franchised and allegiance clear, I shall be counseled (II i 34-37). Macbeth acts irrationally upon the predictions of the witches, yet Banquo does not fall prey to the false hopes they promise. Each of the traits previously mentioned serves a man well; however, a man has little without honor. Lacking that crucial trait prevents one from attaining many things, including that of reaching one’s full potential. To impress upon Duncan the importance of this quality, Macbeth remarks, â€Å"Which do but what they should by doing everything / Safe toward your love and honor† (I iv 29-30). Yet Macbeth, a man once honorable, strays from his good heart and begins to entangle himself into a web of deception and evil. By abandoning his most precious characteristic, honor, Macbeth has all but committed himself to a tragic downfall. Feared as a tyrant, Macbeth’s struggle with temptation afflicts many men. Many a man, once noble in their ways, have unfortunately chosen a road of evil and paved their own destruction. Macbeth laments, â€Å"And that which should accompany old age, / As honor, love, obedience, troops of friends, / I must not look to have . . . † (V iii 28-30). At this point near the end of Macbeth’s life, he realizes the fatal mistakes he has made, yet his realization comes too late. Though once an honorable and respected man, the road he has chosen proves to be one of no return. Although Macbeth ruinously, fell to the hands of evil, the triumph of good directly correlates to the traits of those men who put and end to his tyrannical rule. Macbeth’s destruction ideally reiterates the words said by Mr. Lincoln and impeccably proves his point. God’s architecture of everyman skillfully shows how vital specific traits and characteristics are to the make-up of a man. Yet he empowers us to choose how we use them.

Market Mix and Strategy of Mcdonalds India

Market Mix and Strategy of Mcdonalds India McDonalds History: McDonalds was started as a drive-in restaurant by two brothers, Richard and Maurice McDonald in California, US in the year 1937. By mid-1950s, the restaurants revenues had reached $350,000. Ray Kroc, distributor for milkshake machines, expressed interest in the business, and he finalized a deal for franchising with the McDonald brothers in 1954. He established a franchising company, the McDonald System Inc. and appointed franchisees. In 1961, he bought out the McDonald brothers share for $2.7 million and changed the name of the company to McDonalds Corporation. In 1965, McDonalds went public. McDonalds in India: In 1996, first McDonalds restaurant opened on Oct. 13, at Basant Lok, Vasant Vihar, New Delhi. McDonalds India is a 50 50 JV partnership between McDonalds Corporation (U.S.A) and two Indian businessman Amit Jatia (Hardcastle Restaurants Private Limited, Mumbai) and Vikram Bakshi (Connaught Plaza Restaurants Private Limited, Delhi). Approximately 75% of the menu available in McDonalds in India is Indianized and specifically designed to woo Indian customers. The McDonalds philosophy of QSCV is the guiding force behind its service to the customers. MARKETING MIX OF McDonalds: The marketing mix of a company consists of the various elements as follows which form the core of a companys marketing system and hence helps to achieve marketing objectives. McDonalds is a leading international fast food restaurant chain with 30,000 restaurants spread across the globe. In India, it launched its operations in 1996, with two stores. It now has 54 restaurants with a daily inflow of 500,000 customers. It plans to add 15 more outlets by the end of 2004. As per the Informal Eating out (IEO) survey involving the survey of branded food chains in India, conducted by ACNielsen, McDonalds was found to be the leader in fast food chains. Many factors can be attributed to the success of McDonalds Indian operations. A marketing strategy must be created in order to determine the means by which a set of clear objectives may be met. Objectives communicate what marketers want to achieve, guide marketing actions and are used to measure how well a plan is working. They can be related to market share, sales, reaching the target audience and creating awareness in the marketplace. Long-term objectives are broken down into shorter-term measurable targets, which McDonalds uses as milestones along the way. Results can be analyzed regularly to see whether objectives are being met. This type of feedback allows the company to change plans and allows flexibility. Once marketing objectives have been established, the next stage is to define how they will be achieved. The marketing strategy is the statement of how objectives will be delivered. It explains what marketing actions and resources will be used and how they will work together. 4Ps of Marketing Mix: Product: McDonalds places considerable emphasis on developing a menu which customers want. Market research establishes exactly what this is. However, customers requirements change over time. In order to meet these changes, McDonalds has introduced new products and phased out old ones, and will continue to do so. Care is taken not to adversely affect the sales of one choice by introducing a new choice, which will cannibalize sales from the existing one (trade off). McDonalds knows that items on its menu will vary in popularity. Their ability to generate profits will vary at different points in their cycle. In India McDonalds has a diversified product range focusing more on the vegetarian products as most consumers in India are primarily vegetarian. The happy meal for the children is a great seller among others. McDonalds have to be very careful in India while growing their business. In India you go out and you will get a ready to eat snacks and that too in a cheap price. So McDonalds has a direct competition with Indian street fast food which has a many varieties and it is very popular amongst the people. As Fast  food  industry  has been very successful in India, both in financial terms as well as in popularizing its quick service culture among the population. .Indias  fast  food  industry  is growing at 40% per annum and generates over Rs. 4800 cores in sales. The multinational segment of the  industry  generates over Rs. 7000 crores. There are many varieties of fast food in different states of India. The popular fasts of the individual states are as given below. South India: Idlis- Made from Rice Idli, Rava Idli Vadas- Made from Uddina Vada, Rava Vada, Masala Vada, Maddur Vada Dosas- Made from Masala Dosas, Set Dosa, Rava Dosa Upma- Made from Kesaribath Ponagal, etc. West India: Vada Pav-which is also known as an Indian Burger and made up of flour, potatoes, spices . Dahi Vada-Made up of lentils, yogurt Pohe-Made up of flattened rice Locha- Made from grinding of chanadal, masala Sev Kjhamni-Made from chana dal , green chillies, ginger, lemon juice and olive oil East India: Kebabs Pani Puri Aloo Chat Pakoras North India: Chaat: made up of potato, tomato and tangy in a taste Pani Puri: deep fried made up from flour and serve with tangy water Bhel Puri: made up of besan flour and garnishing with tomato, onions and tangy chutney Papadi Chaat- made up of flour, butter, onion, and different Indian spices. McDonalds Menu Options: Comparision between Indian Burger ( Vada Pav ) McDonalds Burger : Price: The customers perception of value is an important determinant of the price charged. Customers draw their own mental picture of what a product is worth. A product is more than a physical item; it also has psychological connotations for the customer. The danger of using low price as a marketing tool is that the customer may feel that quality is being compromised. It is important when deciding on price to be fully aware of the brand and its integrity. In India the most authentic cuisine of India is the Indian street food, which can be bought only for few rupees from the portable stalls found in the Indian cities and town. The street vendors offer hot fresh, lip smacking snacks, which is very feeling. These foods are popular mainly because they are available at half of the price of any restaurant food. Take-out food, junk food, snacks and fast food are available easily and it doesnt take much time to prepare so it is very quick in eating. The Indian Street Food varies from region to region .The typical North Indian street food is Chaat -a generic name for all tangy spicy not very nutritious delicacies. The tangy flavor comes from the use of lemon, pomegranate seeds, black salt, tamarind, and various chutneys. Chaat can be prepared with fruits like guava,banana ,papaya,apple etc.Use of paapri ,which is crisp pancakes made from fried flour with some out of yoghurt ,potatoes sauteed with black cumin powder with some amount of meetha and khatta chutney (sweet and sour pickle) with a dash of coriander becomes the lip smacking Paapri Chaat.The Pani Puri also called golgappa in some places in India is another street delicacy. Pani puris are hollow crisp balls made from dough, and filled as-you-eat with a spicy concoction of water and potatoes, topped by a choice of sweet or spicy chutney and so on. In India in different region has their own different specialties and which are easy to get it and cheap in price. So in India to compete with the Indian local street fast food, McDonalds has to work hard to build its position and keep on competing and growing each day. In India McDonalds classifies its products into 2 categories namely the branded affordability (BA) and branded core value products (BCV). The BCV products mainly include the McVeggie and McChicken burgers that cost Rs 50-60   and the BA products include McAloo tikki and Chicken McGrill burgers which cost Rs 20-3 This has been done to satisfy consumers which different price perceptions. Value Ladder strategy:- a) Started offering value meals in a range of prices. b) Ensure affordability and attract widest section of customers. c) Brought the customer and provided a range of entry level products. d) Try those new items and graduate to higher-rungs. e) E.g- if a customer starts with McAloo Tikki, he will finally graduate to McVeggie and so in Non veg. f) Helped its Volume business. Aap ke zamane mein, baap ke zamane ka daamà ¢Ã¢â€š ¬Ã‚ ¦ (In English that means in your Value Pricing: (Price in INR) Promotion: The promotions aspect of the marketing mix covers all types of marketing communications One of the methods employed is advertising, Advertising is conducted on TV, radio, in cinema, online, using poster sites and in the press for example in newspapers and magazines. Other promotional methods include sales promotions, point of sale display, merchandising, direct mail, loyalty schemes, door drops, etc. The skill in marketing communications is to develop a campaign which uses several of these methods in a way that provides the most effective results. For example, TV advertising makes people aware of a food item and press advertising provides more detail. This may be supported by in-store promotions to get people to try the product and a collectable promotional device to encourage them to keep on buying the item. At McDonalds the prime focus is on targeting children. In happy meals too which are targeted at children small toys are given along with the meal. Apart from this, various schemes for winning prices by way of lucky draws and also scratch cards are given when an order is placed on the various mean combos. An activity, such as a sale or advertising campaign, designed to increase visibility or sales of a product. McDonalds, for years has maintained an extensive promotion strategy with highest spending on marketing amongst all its competitors. While advertising; focus on overall experience. à ¢Ã¢â€š ¬Ã‚ ¢ Brand globally and act locally. à ¢Ã¢â€š ¬Ã‚ ¢ Overall it is doing what it does the best marketing. à ¢Ã¢â€š ¬Ã‚ ¢ Intensive advertising aimed at children. à ¢Ã¢â€š ¬Ã‚ ¢ Paper mats on trays ensure that no new scheme goes unnoticed. Im loving it is an international branding campaign which was launched in 2003 and has proved to be its biggest success. aap ke zamaane mein baap ke zamaane ke daam is a highly localized campaign which aimed at attracting the masses through its happy price menu. Place: Place, as an element of the marketing mix, is not just about the physical location or distribution points for products. It encompasses the management of a range of processes involved in bringing products to the end consumer. McDonalds outlets are very evenly spread throughout the cities making them very accessible. Drive in and drive through options make McDonalds products further convenient to the consumers. Conclusion Once the marketing strategy is in place, various responsibilities are given to different individuals so that the plan can be implemented. Systems are put in place to obtain market feedback which measure success against short-term targets. McDonalds has to ensure that this is done within the confines of a tightly controlled, finite marketing budget. The  fast food  industry in  India  has evolved with the changing lifestyles of the young Indian population. The sheer variety of gastronomic preferences across the regions, hereditary or acquired, has brought about different modules across the country. It may take some time for the local enterprise to mature to the level of international players in the field. McDonald is the worlds leading food service retailer with more than 30,000 restaurants in 119 countries serving 46 million customers each day. Approximately 85 percent of McDonalds restaurants worldwide are owned and operated by independent, local businessmen and women.

Helmi Flick :: essays research papers

Helmi Flick lives in Bedford, Texas with her husband, Ken, a freelance writer who also does the lighting and cat wrangling for her, plus her 4 cats. Having spent 30 years of her working life in administrative office positions in computers, medicine and law, Flick came to her new career by the route most people only dream of: by turning something she loved to do into a new profession. After years of photographing her own cats and those of friends as a hobby, Helmi was encouraged by her husband Ken to try her hand as a cat show photographer. Helmi got her first assignment from the Thunderkatz Cat Club as the show photographer for their May 2000 T.I.C.A. show in Oklahoma City, Oklahoma, U.S.A. On the basis of her work at that show, the Thunderkatz club asked Helmi to be their "Official Show Photographer in Perpetuity." By March of 2001, Helmi had managed to secure the Show Photographer assignment at 12 shows. Helmi shoots with a digital camera. "Shooting digital images has been a lifesaver for me because cats are not the most cooperative subjects and there are always more throwaway shots than good ones. And because I’m not wasting film, I can afford to shoot far more images of a customer’s cat to get more keepers. Additionally, the "instant" nature of digital photography enables my customers to immediately review the shots I’ve taken and select the ones they like best to be printed. This review process is a tremendous tool for someone like me who is still learning this craft, since I’m able to discover the kinds of shots that owners of different breeds prefer. I guarantee that my customers will be satisfied with their photos and the digital approach is a great asset there, too, because if a customer does not see photos he/she likes in our post-shoot review, I can reshoot their cat on the spot." But getting good shots at the show is only the beginning of delivering great images to her customers. Because Helmi shoots digital images, she has the capability to color correct, crop, retouch and otherwise enhance every photo on her computer back home. "I can’t ignore that capability because I want every shot to be the best image it can be, so I end up spending far more time at my PC screen than behind the camera.† The ability to instantly analyze and digitally retouch her photographs does not change the skill needed to capture beautiful images of her feline subjects.

Essay on the Poetry and Life of Emily Dickinson -- Biography Biographi

The Poetry and Life of Emily Dickinson      Ã‚  Ã‚  Ã‚   Emily Elizabeth Dickinson was born on December 10, 1830. She was from a small town in Amherst, Massachusetts. One hundred and seventy-one years later people enjoy reading Emilyà ¢s poetry. There is intrigue behind both her poetry and her life. Emily Dickinson remains a popular poet; her poetry has stood the test of time. Dickinson shunned public attention and during her life, she refused to have her poetry published. Between five and twelve pieces of her poetry were actually published (numbers vary according to different sources). She was known as the "Myth of Amherst" because so little was known about her life. Some of the pleasures Dickinsonà ¢s poetry elicits are joy, serenity and hope, to name only a few. To this day readers also enjoy the myths and legends that surround the life of Emily Dickinson. This paper will attempt to classify the kinds of pleasure found in reading both her poetry and the stories behind her life Many emotions are stirred in the reader of Dickinsonà ¢s poetry. One kind of pleasure that might be experienced while reading her poetry is joy. While reading poem number 326: "I cannot dance upon my Toes- No Man instructed me- But of ten times, among my mind, A Glee possesseth me ·" the reader experiences the joy that the writer expresses in her desire to dance. In Dickinsonà ¢s poem number 322: "There came a Day at Summerà ¢s full, Entirely for me- I thought that such were for the Saints, Where Resurrections à ¶ be à ¶ The Sun, as common, went abroad, The flowers, accustomed, blew, As if no soul the solstice passed That maketh all things new ·" there is a joy in knowing that beautiful days and flowers can sometim... ...gue. Both Emilyà ¢s life and her poetry supplicate many pleasurable emotions for the reader such as joy, serenity, and hope. The intrigue and unanswered questions surrounding Dickinsonà ¢s life keeps the reader piqued and eager to seek the answer to the riddle of Emilyà ¢s intimate side, while also allowing the reader the satisfaction they experience through the readings. Works Cited and Consulted Dickenson, Donna. Emily Dickinson. New Hampshire: Berg Publishers Ltd. 1985. Ferlazzo, Paul J. Emily Dickinson. Boston: Twayne Publishers. 1976. Johnson, Thomas H. The Complete Poems of Emily Dickinson. Boston. Little, Brown And Company. 1960. Thayer, Bonita E. Emily Dickinson: An Impact Biography. New York: Watts, Franklin. 1989. The Greenhaven Press Literary Companion To American Authors. Readings On Emily Dickinson. CA: Greenhaven Press. 1997.   

Seasonal Affective Disorder :: Disorders Expository Essays

Seasonal Affective Disorder It's wintertime, and you are gathered for the holidays with all of your family and friends. Everything seems like it should be perfect, yet you are feeling very distressed, lethargic and disconnected from everything and everyone around you. "Perhaps it is just the winter blues," you tell yourself as you delve into the holiday feast, aiming straight for the sugary fruitcake before collapsing from exhaustion. However, the depression and other symptoms that you feel continue to persist from the beginning of winter until the springtime, for years upon end without ceasing. Although you may be tempted to believe that you, like many millions of other Americans, are afflicted with a case of the winter blues, you are most likely suffering from a more severe form of seasonal depression known as Seasonal Affective Disorder, or SAD. This form of depression has been described as a form of a unipolar or bipolar mood disorder which, unlike other forms of depression, follows a strictly seasonal pattern. (5). During the winter, many of us suffer from "the winter blues", a less severe form of seasonal depression than SAD. Still others are sufferers have an already existent condition, such as pre-menstrual syndrome or depression, which is exacerbated by the coming of the winter. (2). In general, many people suffer from some form of sporadic depression during the wintertime. We may feel more tired and sad at times. We may even gain some weight or have trouble getting out of bed. Over 10 million people in America, however, may feel a more extreme form of these symptoms. They may constantly feel lethargic and depressed to an extent that social and work related activities are negatively affected. This more extreme form of the "winter blues" is SAD. Typical SAD symptoms include sugar cravings, lethargy, depression, an increase in body weight, and a greater need for sleep (1). Onset of these symptoms usually occurs in October or November, and the symptoms disappear in early spring. Frequentl y, people who suffer from SAD react strongly to variations in the amount of light in their surrounding environment. Most often, patients who suffer from SAD and live at more northern latitudes note that the more north they live, the more distinct and severe their SAD symptoms become. In addition, SAD patients note that their depressive symptoms increase in severity when the amount of light indoors decreases and the weather is cloudy. Seasonal Affective Disorder :: Disorders Expository Essays Seasonal Affective Disorder It's wintertime, and you are gathered for the holidays with all of your family and friends. Everything seems like it should be perfect, yet you are feeling very distressed, lethargic and disconnected from everything and everyone around you. "Perhaps it is just the winter blues," you tell yourself as you delve into the holiday feast, aiming straight for the sugary fruitcake before collapsing from exhaustion. However, the depression and other symptoms that you feel continue to persist from the beginning of winter until the springtime, for years upon end without ceasing. Although you may be tempted to believe that you, like many millions of other Americans, are afflicted with a case of the winter blues, you are most likely suffering from a more severe form of seasonal depression known as Seasonal Affective Disorder, or SAD. This form of depression has been described as a form of a unipolar or bipolar mood disorder which, unlike other forms of depression, follows a strictly seasonal pattern. (5). During the winter, many of us suffer from "the winter blues", a less severe form of seasonal depression than SAD. Still others are sufferers have an already existent condition, such as pre-menstrual syndrome or depression, which is exacerbated by the coming of the winter. (2). In general, many people suffer from some form of sporadic depression during the wintertime. We may feel more tired and sad at times. We may even gain some weight or have trouble getting out of bed. Over 10 million people in America, however, may feel a more extreme form of these symptoms. They may constantly feel lethargic and depressed to an extent that social and work related activities are negatively affected. This more extreme form of the "winter blues" is SAD. Typical SAD symptoms include sugar cravings, lethargy, depression, an increase in body weight, and a greater need for sleep (1). Onset of these symptoms usually occurs in October or November, and the symptoms disappear in early spring. Frequentl y, people who suffer from SAD react strongly to variations in the amount of light in their surrounding environment. Most often, patients who suffer from SAD and live at more northern latitudes note that the more north they live, the more distinct and severe their SAD symptoms become. In addition, SAD patients note that their depressive symptoms increase in severity when the amount of light indoors decreases and the weather is cloudy.

Essay on Political Rights

It was decade when the sexual revolution swept the country and when women proclaimed their liberation from male dominance. The totality of this period will be explored, from protests to songs, literature to leisure and civil defense to civil rights. You will examine music, especially the translation from music about love and relationships to the more society-focused music at the end of the decade. In Dalton to writing critical essays and analyses, you will work In Project Based Learning (PL) that will synthesize your Interpretation of the material covered. Student Outcomes.At the end of the course students will be able to Identify and explain the main economic, political and social issues connected with the Sixties Include a thesis statement that accurately guides ideas in all critical writing Analyze songs at the surface and deep levels and explain their cultural context Write reflections that include all five categories in reflective rubric Work collaboratively to achieve agreed up on goals. Policies: Class Attendance: when a student misses four or more classes during a quarter, that student will receive a zero (O) for the (30%) participation portion of the course. 0 or ore minutes late will be considered an absence. Three lattes equal one absence. Mobile Phones/Laptops/loops: Not allowed under any circumstance, unless turned off. Late Work: Accepted only under extenuating circumstances and only when one meets with the instructor before the due date. Otherwise, all late papers will receive a failing grade. Incomplete: assigned only under extenuating circumstances, after speaking with me. Only 50% of all work can be made up, if a student receives a failing grade for the course. Grade Percentages: 32% Four (4) four-page papers: economic/political, social, language, music 20%Quizzes/Reflective Writings 28% Final Project (includes final presentation) Course Texts and Materials: The Electric Cool Aid Acid Test, by Tom Wolfe The Best and the Brightest, by David Halt ers. Readings will come from this book, but there will be less emphasis on it than in the past course. Sixties Course Book, with Readings. The daily schedule below can be altered based on the decision of the instructor. Additional readings may be assigned as necessary (to expand understanding). All work will be graded using the course rubrics.Classroom Behavior: The use of cell hones and other electronics (including pods and laptops) is prohibited. You may be asked to leave class if they are used. Additional violations of NEST disciplinary code may result in suspension or dismissal. In addition, the instructor has the right to curb classroom discussion in an effort to meet the educational objective of the class session. For those who stray beyond the bounds of acceptable behavior, the NEST Student Conduct Code will be enforced. Details of all projects and assignments will be provided in sufficient time to allow for completion.

Business Financing and the Capital Structure Essay

Explain the process of financial planning used to estimate asset investment requirements for a corporation. Explain the concept of working capital management. Identify and briefly describe several financial instruments that are used as marketable securities to park excess cash. As a business owner, it is important to know the value of your assets as they can be used as leverage for obtaining loans and can be used to estimate your ability to repay your debts. Calculate your current assets, long-term investments, fixed assets and intangible assets and add them up to get your total business assets. Pledgeable assets support more borrowing, which allows for further investment in pledgeable assets. The trade-off between liquidation costs and underinvestment costs implies that low-liquidity firms exhibit negative investment sensitivities to liquid funds, whereas high-liquidity firms have positive sensitivities. If real assets are not divisible in liquidation, firms with high financial liquidity optimally avoid external financing and instead cut new investment. If real assets are divisible, firms use external financing, which implies a lower sensitivity. In addition, asset redeployability decreases the investment sensitivity. Financial management includes management of assets and liabilities in the long run and the short run. The management of fixed and current assets, however, differs in three important ways: Firstly, in managing fixed assets, time is very important; consequently discounting and compounding aspects of time element play an important role in capital budgeting and a minor one in the management of current assets. Secondly, the large holdings of current assets, especially cash, strengthen firm’s liquidity position but it also reduces its overall profitability. Thirdly, the level of fixed as well as current assets depends upon the expected sales, but it is only the current assets, which can be adjusted with sales fluctuation in the short run. Marketable securities replenish cash quickly and earn higher returns than cash, but come with risks; maturity, yield, and liquidity should be considered. Marketable securities are the securities that can be easily liquidated without any delay at a reasonable price. Firms will maintain levels of marketable securities to ensure that they are able to quickly replenish cash balances and to obtain higher returns than is possible by maintaining cash. There are four factors that influence the choice of  marketable securities. These include risks, maturity, yield, and liquidity. Assume that you are financial advisor to a business. Describe the advice that you would give to the client for raising business capital using both debt and equity options in today’s economy. Some business owners say ratios are an accountant’s problem. That’s not smart, says Dileep Rao, president of Minneapolis’ InterFinance Corp, a venture-finance consulting firm, and professor at the University of Minnesota’s Carlson School of Management. â€Å"Running your business without knowing your numbers is like driving a car without being able to see your direction or speed,† says Rao. â€Å"It’s only a matter of time before you crash.†(Rao, 2011) The terms â€Å"debt† and â€Å"equity† get tossed around so casually that it’s worth reviewing their meanings. Debt financing refers to money raised through some sort of loan, usually for a single purpose over a defined period of time, and usually secured by some sort of collateral. Equity financing can be a founder’s money invested in the business or cash from angel investors, venture capital firms, or, rarely, a government-backed community development agency—all in exchange for a portion of ownership, and therefore a share in any profits. Equity typically becomes a source of long-term, general-use funds. The share of any hard assets, such as property and equipment, that you own free and clear also counts as equity. Striking the right balance between debt and equity financing means weighing the costs and benefits of each, making sure you’re not sticking your company with debt you can’t afford to repay and minimizing the cost of capital. Choosing debt forces you to manage for cash flow, while, in a perfect world, taking on equity means you’re placing a priority on growth. But in today’s credit markets, raising equity may simply mean you can’t borrow any more. Until recently, bank credit was a financing mainstay. But experiences like Flipse’s underlie a point made by the Federal Reserve Board’s quarterly Senior Loan Officer Opinion Survey on Bank Lending Practices, released in November. According to loan officers, small-company borrowers were tapping sources of funding other than banks. They were being driven away for many reasons. Banks â€Å"continued to tighten standards and terms†¦on all major types of loans to businesses,† though fewer were doing so than in late 2008, when tightening was nearly universal. Interest rates on small business loans were on the rise at 40% of the banks surveyed, even as the prime rate reached historic lows. One in five banks had reduced small  companies’ revolving credit lines. One in three had tightened their loan standards, and 40% had tightened collateral requirements. Partly because of the plunging value of the real estate securing many commercial loans, pressure from bank examiners for tighter standards continued to build. Meanwhile, home equity loans, another popular source of small business cash, had evaporated. Many recession-weary business owners knew they had essentially become unbankable: Loan officers surveyed said far fewer firms were seeking to borrow. Those few who could borrow were repelled by higher rates. All of a sudden, equity financing l ooked better. Explain why a business may decide to seek capital from a foreign investor indicating the risk and rewards for such a decision. Provide support for rationale. Many investors choose to place a portion of their portfolios in foreign securities. This decision involves an analysis of various mutual funds, exchange-traded funds (ETF), or stock and bond offerings. However, investors often neglect an important first step in the process of international investing. When done properly, the decision to invest overseas begins with a determination of the riskiness of the investment climate in the country under consideration. Country risk refers to the economic, political and business risks that are unique to a specific country, and that might result in unexpected investment losses. This article will examine the concept of country risk and how it can be analyzed by investors. There are many excellent sources of information on the economic and political climate of foreign countries. Newspapers, such as the New York Times, the Wall Street Journal and the Financial Times dedicate significant coverage to overseas events. There are also many excellent weekly magazines covering international economics and politics; the Economist is generally considered to be the standard bearer among weekly publications. For those seeking more in-depth coverage of a particular country or region, two excellent sources of objective, comprehensive country information are the Economist Intelligence Unit and the Central Intelligence Agency (CIA) World Fact Book. Either of these resources provides an investor with a broad overview of the economic, political, demographic and social climate of a country. The Economist Intelligence Unit also provides ratings for most of the world’s countries. These ratings can be used to supplement those issued by Moody’s,  S&P, and the other â€Å"traditional† ratings agencies. Finally, the internet provides access to a host of information, including international editions of many foreign newspapers and magazines. Reviewing locally produced news sources can sometimes provide a different perspective on the attractiveness of a country under consideration for investment. It is important to remember that diversification, which is a fundamental principle of domestic investing, is even more important when investing internationally. Choosing to invest an entire portfolio in a single country is not prudent. In a broadly diversified global portfolio, investments should be allocated among developed, emerging and perhaps frontier markets. Even in a more concentrated portfolio, investments should still be spread among several countries in order to maximize diversification and minimize risk. After the decision on where to invest has been made, an investor has to decide what investment vehicles he or she wishes to invest in. Investment options include sovereign debt, stocks or bonds of companies domiciled in the country(s) chosen, stocks or bonds of a U.S.-based company that derives a significant portion of its revenues from the country(s) selected, or an internationally focused exchange-traded fund (ETF) or mutual fund. The choice of investment vehicle is dependent upon each investor’s individual knowledge, experience, risk profile and return objectives. When in doubt, it may make sense to start out by taking less risk; more risk can always be added to the portfolio at a later date. In addition to thoroughly researching prospective investments, an international investor also needs to monitor his or her portfolio and adjust holdings as conditions dictate. As in the U.S., economic conditions overseas are constantly evolving, and political situations abroad can change quickly, particularly in emerging or frontier markets (Forbes, 2011). Situations that once seemed promising may no longer be so, and countries that once seemed too risky might now be viable investment candidates. Explain the historical relationships between risk and return for common stocks versus corporate bonds. Explain how diversification helps in risk reduction in a portfolio. Support response with actual data and concepts learned in this course. Portfolio diversification is the means by which investors minimize or eliminate their exposure to company-specific risk, minimize or reduce  systematic risk and moderate the short-term effects of individual asset class performance on portfolio value. In a well-conceived portfolio, this can be accomplished at a minimal cost in terms of expected return. Such a portfolio would be considered to be a well-diversified. Although the concepts relevant to portfolio diversification are customarily explained with respect to the stock markets, the same underlying principals apply to all types of investments. For example, corporate bonds have specific risk that can be diversified away in the same manner as that of stocks. Bonds issued by companies represent the largest of the bond markets, bigger than U.S. Treasury bonds, municipal bonds, or securities offered by federal agencies (Worldbank, 2013). The risk associated with corporate bonds depends on the financial stability and performance of the company issuing the bonds, because if the company goes bankrupt it may not be able to repay the value of the bond, or any return on investment. Assess the risk by checking the company’s credit rating with ratings agencies such as Moody’s and Standard & Poor’s. Good ratings are not guarantees, however, as a company may show an excellent credit record until the day before filing for bankruptcy. When you purchase stock in a company during a public offering, you become a shareholder in the company. Some companies pay dividends to shareholders based on the number of shares held, and this is one form of return on investment. Another is the profit realized by trading on the stock exchange, provided you sell the shares at a higher price than you paid for them. The risks of owning common stock include the possible loss of any projected profit, as well as the money paid for the shares, if the share price drops below the original price. Corporate bonds hold the lowest risk of the three types of investments, provided you choose the right company in which to invest. The main reason for this is that in the event of bankruptcy, corporate bond holders have a stronger claim to payment than holders of common or preferred stocks. Bonds carry the risk of a lower return on investment, as the performance of stocks is generally better. Common stocks carry the highest risk, because holders are last to be paid in the event of bankruptcy. Preferred stocks generally have higher yields than corporate bonds, lower risk than common stocks, and a better claim to payment in the event of bankruptcy. References Dileep Rao. 2011, â€Å"InterFinance † Cambridge, Massachusetts, The MIT Press. Forbes. 2011, † Small Business Loans: A Great Option â€Å". Retrieved on 6/19/2013 from http://www.forbes.com/sites/ryancaldbeck/2012/11/14/small-business-loans-a-great-option-unless-you-actually-need-money/ â€Å"Foreign direct investment, net inflows (BoP, current US$) | Data | Table† . Data.worldbank.org. Retrieved 6/19/2013 from http://data.worldbank.org/indicator/BX.KLT.DINV

Creative Process Essay

When I think about artistic profession I often wonder why artists want to be artists. The very idea of beginning every day with the obligation to create something of strong value, something that never existed before, seems really hard work and at the same time activity that has a strange beauty in itself. How does an artist engage in the creative process and make something-out-of-nothing to come into existence? How does the creative process begin? Does it have structure, or the creative process consists just of imagery and an elusive sparkle that lights the creative fire in the artist’s mind? I spent a lot of time examining professional life and work of many creative artists and how they are engaged in the creative process. This paper will make some generalizations about creativity and genius that are fundamental to the understanding of the creative process and then will analyze the creative process in the lives of four notable artists who are Langston Hughes, Alvin Ailey, Quincy Jones, and George Lucas. The insights of the creative process then will lead to the exploration of creative process in my own life. The Creative Process Creativity is a constantly stimulating process and ultimately causing excitement. To observe and experience it fully is some of the most gratifying aspects of the artistic life and professional activity. One of the possible difficulties of exploring or analyzing the creative process is that it can become uninspired. Really, one of the most recent debates in this sphere is whether or not creativity is simply an instance of rational and analytical problem solving or consists of other, more magic processes. Nevertheless, one thing is obvious – the main benefit of exploring creativity and the creative process is that one will ultimately come to the understanding of the processes experienced and more importantly will be able to improve the development and stimulate cultivation of creativity in himself and other people. What is known about the creative process? Let us consider the main components of the creative process. At first, one should know difference between the creative product and the creative process. A general distinction is that the creative product is the output of the artistic activity. It is the artistic output that is to be determined as creative or not creative. What are the characteristics of a product that is considered as creative? Torrance (1988), for example, in an analysis of definitions of creativity, stated that newness is a principal defining characteristic of the creative product. Newness, however, is not the only criteria. It is also of great importance that the product is good (that is, artistically appealing). Vernon (1989) proposed a more comprehensive definition of the creative product stating that, â€Å"Creativity means a person’s capacity to produce new or original ideas, insights, restructuring, inventions, or artistic objects, which are accepted by experts as being of scientific, aesthetic, social, or technological value† (p. 94). It can be seen that cultural values and norms are a necessary part of the criteria for considering some artistic output to be creative. A major question then that emerges is â€Å"what are the creative processes that lead to the creative output? † What the creative process is involved that increases the chances that an artist will generate a creative output? If one can recognize the constituting processes involved and the character of their interaction, then one can begin to get a picture of the fundamental essence of the creative process. To do this, I will examine the major stages of the creative process in the next sections. One of the first well-known attempts to study and theorize the creative process was by Wallas in 1926. Wallas proposed the major stages that reflect different processes of the creative process. Although the stages proposed by Wallas are generalized and global, his model provides a good foundation for the understanding of the creative process. This two-stage model involves the following creative processes: 1. Preparation Stage. In this stage the artist gathers different information, becomes thoroughly proficient, and identifies the problem. It is in this stage that the fundamental techniques and knowledge base for realization of a particular goal are mastered. Usually, the fundamental cognitive processes of logic, associations, and creative problem finding should be primary in this first stage. The first creative problem finder I would like to mention is named Langston Hughes. Like many other noble artists, Langston Hughes found problems to solve with art. Langston Hughes found problems to solve with his creative writing. He loved to communicate with people and observe the sights and sounds of his district in Harlem and then incorporate this experience into his works. The artist found many fascinating ideas for poems during this process. Actually, some of his most renowned poems tell about the things he perceived with his creative mind and people he met in Harlem. In the same manner, Alvin Ailey found problems to solve with his own choreography. Thus, for example, Ailey made Afternoon Blues (1953), his first creative dance work. Working with a musical piece from Leonard Bernstein’s On the Town, Ailey performed the hypersensual, animalistic role of the Faun (Latham, pp. 481–482). In this great work of the artist, Ailey produced a mental image of dance as a liberation from heterosexual white domination, he found a safe place in his creative work where he could travel into his inner world as a fully sensual human being free from usual problems of race and sexuality. Another example of problem solving by the artist is Ailey’s creative reaction to Horton’s death (he was Ailey’s mentor): the artist decided to make dances that tell dance stories about dear people he knew. He created his first choreographic works to â€Å"pay tribute to Lester Horton, to demonstrate the strength of James Truitte, and to emphasize the beauty and dramatic ability of Carmen de Lavallade† (Latham, pp. 485–486). Ailey was creative problem solver: â€Å"I knew nothing about making dances for a group so I put everything about modern dance which I had read or seen into the work. In addition, I did everything the way that I thought Lester would have done it†¦. I was just trying to be like Lester because I thought that was the way to be creative† (Latham, p. 488). 2. Illumination Stage. In this stage of the creative process ideas are generated using the analytical thinking and logical working on the problem. It is in this stage that Wallas introduced the process of the unconscious associations. Creative problem solving is not consciously made, but much organizing in a different way and free associating takes place outside of conscious awareness of the artist. In the next sections, there are several descriptions of creative artists and their experience in this illumination stage. During this process thoughts are permitted to roam in an uncontrollable manner. It is here that creative processes may play a particularly important role. Artist may want to examine works of the past centuries or creations from different cultures for generating new images that are based on the already created idea. This type of exercise can be thought of as an essential part of the analytical and associative skills necessary for the creative process. To better understand how this works let us examine the history of film that is full of analogical and associative thinking. One of the most famous and popular examples of movie creativity is George Lucas’s original Star Wars film of 1977. The success of the film is legendary. Moreover, it completely changed how movies are produced. Interestingly, none of the visual images that the film producer used during the writing of the plot were themselves original. Film observers state that most of Lucas’s imagery was taken from previous film stories and George Lucas himself admits that his original models were the Flash Gordon movie serials and Edgar Rice Burroughs John Carter of Mars series of books: â€Å"I wanted to make an action movie – a movie in outer space like Flash Gordon used to be. . . . I wanted to make a movie about an old man and a kid. . . . I also wanted the old man to be like a warrior. I wanted a princess, too, but I didn’t want her to be a passive damsel in distress† (Interview with George Lucas). It seems that the screenwriter wanted to return to the sense of wonder and adventure movies that had expired him as he was a child but to update that sense for popular tastes of contemporary public and make good use of all the technological and cinematic new methods and devices that developed in the period that had passed since Flash Gordon. He one can see how Lucas was truly creative in this stage by incorporating in Star Wars the myth narrative; the screenwriter used a creative analytical and associative thinking and he succeeded. But this process was not a burst of inspiration; it evolved over a five-year period of rewriting and editing of the script: I began writing Star Wars in January 1973 – eight hours a day, five days a week, from then until March 1976, when we began shooting. Even then I was busy doing various rewrites in the evenings after the day’s work. In fact, I wrote four entirely different screenplays for Star Wars, searching for just the right ingredients, characters and storyline. . . . What finally emerged through the many drafts of the script has obviously been influenced by science fiction and action adventure I’ve read and seen. And I’ve seen a lot of it. I’m trying to make a classic sort of genre picture, a classic space fantasy in which all the influences are working together. There are certain traditional aspects of the genre I wanted to keep and help perpetuate in Star Wars (Zito 1977, p. 13). Important analyses on the cognitive processes involved in the creative process have been performed by a number of researchers. For example, Sternberg (Sternberg & Davidson, 1982) gave emphasis to the importance of insight in creative process. Sternberg and Davidson (1982) indicate that three types of insights are found in the creative process. First, the artist selectively separates relevant from irrelevant images. Selective union of separate parts brings about synthesizing isolated pieces of images into united wholes. In this way images are organized in new ways. This type of information gathering sets the stage for creative insights. Usually, creative artists have been transformed, have been inspired by, and often have plagiarized the ideas of other artist and from various cultures through the whole of history. This process can also be seen in Ailey’s work that echoed literary traditions of black cultural heritage, registering â€Å"the existence of a ‘black self’ that had transcended the limitations and restrictions that racism had placed on the personal development of the black individual. † Incorporating African American tradition and culture, Ailey’s creative work became an embodiment of African American culture. The artist’s creative process into concert dance was built on African American works and childhood memories. Ailey wrote about Redonda, later retitled Cinco Latinos (21 December 1958) that: â€Å"The innate sense of melodrama of the primitive ritual is exploited in this interpretation of an Afro-Brazilian fetishistic ritual, with movements based on both the sensual and animalistic elements of these rites† (Ailey program note). Ailey succeeded in the connecting the whole generation of African-American individuals with the mainstream U. S. culture. It is perhaps the ability to shift between stages that is important to the creative process. Such ability allows the artist to gain access to creative cognitive and affective processes. It enables the artist to transform or revise what he or she knows and to find new patterns. Like so many others in his time and after, creative record producer Quincy Jones in his creative process is both fascinated and inspired by the new media. He is enthusiastic about technology’s potential to move musical art one step further. This allowed Quincy Jones to succeed in creating real hits from ordinary singers and songs. When artists are engaged in these creative processes, they feel they are performing at the peak of their abilities. In my life I also feel that my creative work gives me insights and makes my live rich. Moreover, I think that creativity is part of what makes me really human allowing me to reach the highest levels of creative performance. Analyzing the creative artists’ professional life and creative act I identified the major personality traits that relate to tests of creativity and that I also try to develop. They include: †¢ openness to experience; †¢ independence of judgement; †¢ curiosity; †¢ preference for challenge and complexity; †¢ self-confidence; †¢ natural tendency to risk-taking; †¢ and strong motivation. These personality traits allow me to bring together various ideas and generate a new point of view or to create a new combination. I believe that analogies and associations are among the most powerful tools of the creative process because they can produce a great variety of ideas. Conclusion Study of the creative process is important for many reasons. Explaining the creative process helped me identify and realize noble artists’ unique creative talents. It is true that the creative artist may prefer to ignore the stages of the creative process and break all of the conventions. But my point of view is that this is the wrong way to think about creativity. Instead, I think of the creativity as a kind of the creative process language. Obviously, one has first to learn a language before he or she can talk. Similarly, it is nearly impossible to create anything without the foundation. And just because the artist uses the background from previous works or different cultures does not mean they are not creative. Examination of the artists’ creative process in this paper suggests that analogical thinking is important to the creative process. In general, access to and use of history, myths, legends, experience of other people and different cultures and creativity are related processes. For me, creative process is really a form of problem solving – not a miraculous, unexplained process. Wallas’ model of the creative process is a good start for analyzing creativity of other people. References Ailey program note, Kaufmann Concert Hall Dance Center of the 92nd Street YM-YWHA, 21 December 1958. Interview with George Lucas printed in the Star Wars souvenir program (New York: S. W. Ventures, 1977). Latham, Jacqueline Quinn. â€Å"A Biographical Study of the Lives and Contributions of Two Selected Contemporary Black Male Dance Artists: Arthur Mitchell and Alvin Ailey. † Ph. D. diss. , Texas Women’s University, 1973, pp. 481–482. Sternberg R. , & Davidson J. (1982, June). â€Å"The mind of the puzzler†. Psychology Today, 16, pp. 37-44. Torrance E. P. (1988). The nature of creativity as manifest in its testing. In R. Sternberg (Ed. ), The nature of creativity (pp. 43-75). Cambridge: Cambridge University Press. Vernon, P. E. (1989). The nature-nurture problem in creativity. In J. Glover, R. Ronning, & C. Reynolds, R. (Eds. ), Handbook of creativity (pp. 93-110). New York: Plenum. Wallas C. (1926). The art of thought. New York: Harcourt Brace. Zito, Stephen. â€Å"George Lucas Goes Far Out†, American Film, April 1977, p. 13.

College Tuition Essay

In today’s society, the idea of a college education has become less of an option and more of a necessary requirement and is commonly considered the only way to acquire a successful career and life. There are many careers, in which a college education is not technically necessary, that can often be just as or even more successful. With the cost of college tuition increasing with every passing year, the controversy of whether college is really worth the cost and burden is growing too. If our society wants to continue displaying a college education as somewhat of a necessity for success, I believe the cost of it should shift to being a more realistic price, suitable for the majority of students striving to go to college. Most high school students feel pressure by not only the family, but also peers and teaching faculty to go to college because it’s â€Å"the smart thing to do†, but some may be hesitant to choose the college route because they believe their experiences will be different and the benefits of getting the job and making all their money back won’t apply to them. Economic research concludes that more students would gain from college rather than opting out from it, and choosing a different route. Yes, there are many careers that require little or no further education after high school that may be considered successful jobs, such as construction and more hands on jobs, but it is averaged that over a lifetime those who attend college make about $500,000 more than those who do not. â€Å"Seven out of ten college seniors (71%) who graduated last year had student loan debt, with an average of $29,400 per borrower. From 2008 to 2012 debt at graduation †¦ increased an average rate of six percent each year. † (The Project of Student Debt). With all of the debts, not covered by either scholarships or financial aid, accumulated over the course of an individual’s schooling, the amount of additional money made becomes less substantial; if the tuition and fees were to decrease, the additional money made would not be as affected. The costs to attend two of the leading universities in Oregon, University of Oregon and Oregon State, for four years averages at about $88,000, and that doesn’t even include everyday personal expenses. For non-residents that price is more than doubled that of a resident student. â€Å"In 1980, it cost an  average of about $56,000 (adjusting for inflation) to attend a university for four years. This figure includes tuition, fees, and the â€Å"opportunity cost,† or income one foregoes to attend school instead of holding a job. (This figure excludes room and board: one must eat and sleep whether she is in college or not. ) In 2010, four years of college cost more than $82,000, a nearly 50 percent increase over that 30-year period. †(Brookings Institute). Sure there are many scholarships and financial aid a student is able to apply for, but with so many students applying for such scholarships, you’re chances of receiving them become slimmer. A lot of scholarships also do not benefit students as a whole and either target minorities, athletes, or financial aid students. Community college is also a viable option for many, but is often looked down upon. You don’t often hear a high school student say â€Å"I want to go to a community college† or â€Å"I can’t wait to go to a community college† with loads of enthusiasm. Not only do students and their families look down upon going to a community college, but teachers as well think lesser of community colleges and often express their opinions out loud. This makes students look at community colleges as less of a viable option and more of a last option. When applying for jobs, it also looks a lot more prestigious when it is shown that one attended a university rather than a community college. Although most colleges may not consider ways to lower the costs of college, there are many ways in which a lower tuition and overall price is possible. One direct contribution to the costs of schooling is the professor’s salary. Many college educators do not actually deserve the amount of money they make. Teachers should receive a salary that accurately reflects how affective the professor is at teaching. College fees also include unnecessary additions that are not required and could easily be taken off, such as gym memberships, recreation center memberships, and other additional bonuses that are not essential. Also, although I’m a student-athlete as well, the amount of money given away in scholarships just to play sports at that school has become a bit ridiculous. If the amount of money for scholarships went back into the school directly, the cost of tuition would decrease, and the need for those said scholarships would decrease as well. It is apparent that student athletes are held to a higher regard than other students. Often, you see students that are all-state athletes that get decent grades receive more money and â€Å"special treatment† in comparison to a student that does not do related extra-curricular activities, yet gets exceedingly high grades. This is not fair in any way; the elimination or decrease of athletic scholarships given out would eliminate the inequality commonly displayed throughout colleges. College tuition is at an outrageous high right now and is not showing many signs of decreasing. The costs of college and sending a student off to college have become much of a burden for many families across America. With how necessary getting a college education is considered, the cost of it all should shift to a more suitable price. The shift would be very difficult to achieve, and would be a very long process, but I do believe it is possible, not only for my generation, but the next several generations of students on the path to attend college. Work Cited Page: Greenstone, Michael, and Adam Looney. â€Å"Regardless of the Cost, College Still Matters. † The Brookings Institution. The Hamilton Project, 05 Oct. 2012. Web. 31 Oct. 2014. . â€Å"Student Financial Aid and Scholarships. † Cost of Attendance. University of Oregon, n. d. Web. 31 Oct. 2014. . â€Å"Financial Aid and Scholarships. † Cost of Attendance. Oregon State University, n. d. Web. 31 Oct. 2014. . â€Å"State by State Data. † Project on Student Debt:. The Project on Student Debt, 2013. Web. 31 Oct. 2014. .

Book Report Assignment Example | Topics and Well Written Essays - 500 words

Book Report - Assignment Example They believed this would be achieved only when the power was shifted back to the worker, consequently, ending the country’s inclination to a being run by the capitalist elite rather than a democratic state. Foner shows how the public’s sensed of a power imbalance in the country leading to the populist movement, which sought to address the problem by ensuring there, was equality. This will mean that the public will have more voice in the crucial sectors in the country in that there were reforms in the country’s economic systems and policies. The populist movement, which can be traced to rural America, involved both whites and the black populace. The movement aimed to make certain that the apprehensions of both parties were addressed and that there was equality in the land. This was through uniting the interest of both parties and presenting them through a united front. The mobilization of this movement was done mainly during social events like picnics among other social avenues (Niemi, William, and Plante 217). These meetings provided a platform for the spread of the populist agenda. The women were also involved in the process hence removing the gender barrier. The populist movement ensured that the society was equal in that the interests of all the parties were encompassed in the movement’s agenda (Foner 213). The populist movement attempted to bring equality to America. With the country’s rise to being a super, power its responsibilities in term of ensuring equality in and outside its boundaries. This wa s through the stop of imperialist expansion, which was a threat for the liberties of other nations. Through this America ensured that there was equality for the small nations and the mighty ones. Foner also explores the significance of the progressive era. The progressive era involved idealists who aimed to reform the political process. They noticed

Development of Miami city Research Paper Example | Topics and Well Written Essays - 2250 words

Development of Miami city - Research Paper Example The president did not like the controller tower to be destroyed, so it was left till now in the campus compound. This tower was later star as Florida international ivory tower. With an increase in number of students who wanted to pursue education, it called for the establishment growth in terms of facilities and structures. Presently, Florida international university is considered to be among the first and largest university in United States of America. However. This was characteristic to as far as it was able to produce good students who were experience to work. FIU produced elite who was able to meet the demands of employers.The group looked or worked to meet the demands of its client (students); therefore, spirits of entrepreneur were born in the institution, this lead to the establishment of some new technique that related to management and business. The school was officially opened in 1972 with five thousand six hundred and sixty seven students. The institution provided a variet y of faculties both full time and part time.Later in 1976, Hartod Crosby was elected to be the next president, accepting to benefit the basis for three year period interim. During his leadership, the company expanded and opened a north campus. The president made numerous progresses to the university, such as implementing new programs that made individual students perform better. In addition, some courses within the hospital were looked into, for example, the program the president made with the Latin America and Caribbean.

Pierre Auguste Renoir Essay Example | Topics and Well Written Essays - 750 words

Pierre Auguste Renoir - Essay Example Renoir born on 1845 February 25 and died on December 3 1919 was a French artist who contributed greatly to the movement of Impressionism. The movement is about the artists were not allowed to conduct exhibitions privately. They have to give their paintings to the official salon. Renoir gave some of his paintings to the salon and also at he same time dared to conduct exhibitions privately. He was very innovative and always experimented with his work and brought out new methods of paintings with which the work looked exclusively special. The paintings of Renoir give an impression that the figure in the image is coming out of the image, as though the sunrays are falling on the hats or window, as though there is so much delight in the life of a women or the one portrayed, as though some thing special is hidden in them. The freshness and the openness make us feel divine for a moment and we feel are we in the heaven where there is nothing but joy. One must have an artistic heart to understand the art. Renoir's paintings when viewed, I learned that he frequently painted the landscapes along with other artists of impressionism. He imitated other artists like Cezanne, with small parallel strokes of brush. It is also observed that he was fairly capable enough of painting landscapes but failed experimenting with them. I have chosen the work of Pierre Auguste Renoir because they are not only great but also pretty and whose work seems always to have been done in paradisiacal temperatures. There might be probably no artist to compare with Renoir whose work is with attractive sentiments of charming people. The images look so lively as though she is alive there with living skin. Not only fresh but the way they look can't be explained. Renoir paintings show joy even in the modern days with some chocolate box qualities. People considered his paintings as just pretty and superficial but infact they are profound and done away with intellectuality of the posers and sitters. From the artist the technique to show the bright sun light, the shaded areas, the strokes of brush and the apt color compositions to the nature are the things to learn. Renoir made a self-conscious attempt to make the grand painting through which he conquered the high society and the painting salon or the exhibition as informality of eighteenth century. The painting showed his novel combination of fluid impressionist technique. Here one must remember Vigee-Lebrun. Catulle Mendes was a celebrated poet, publicist, and impresario. He survived with his wife Augusta Holmes, a legendary beauty and a talented musician and his five children. The golden tresses of her were inherited in her daughters also. Renoir's painting "Madame Charpentier and Her Children" fetched much fame and to recall that fame and success he requested his friend Mendes for his consent to paint his three beautiful daughters. His friend Mendes was a publisher of Symbolist poetry and a well-known writer. Mendes wife and his companion Augusta Holmes, an expert pianist and a composer, was the mother of these girls whose names are Claudine, Huguette, and Helyonne. Renoir appealed to his friend like "I beg you to tell me immediately if you want portraits done of your beautiful children. I shall exhibit them [at the Impressionist exhibition] in May, so you can see why I am in a hurry. I shall do the drawings at your house and the portrait at mine". In the painting the eldest girl is seated at the piano and turns to her