Theory On Capital Structure Finance Essay - Free Essay Example

Sample details Pages: 4 Words: 1166 Downloads: 2 Date added: 2017/06/26 Category Finance Essay Type Narrative essay Did you like this example? Theory on capital structure: Capital structure is the combination of debt and equity. Asymmetric information, tax benefits associated with debt use, bankruptcy cost and agency cost are some important theories that are used to explain the capital structure decisions. Bankruptcy costs are the cost obtained when the theoretical probability that the firm will default on funding is greater than zero. Don’t waste time! Our writers will create an original "Theory On Capital Structure Finance Essay" essay for you Create order Bankruptcy cost could be both direct and indirect. Examples of direct bankruptcy costs are the approved and administrative costs in the bankruptcy process which are bankruptcy filing fees and court charges, accounting and other professional costs. Haugen and Senbet (1978) argued that if one assumes that capital market prices are competitively determined by reasonable investors then bankruptcy costs must be insignificant or unreal. Examples of indirect bankruptcy costs are the loss in earnings acquired by the firm as an outcome of the refusal of interested party to do business with them. Customer reliance on a firms goods and services and the solvency of firms are affected by high probability of bankruptcy (Titman, 1984). Customers may be less willing to buy its goods and services from a firm that has financial difficulties due to the risk that the firm may not be able to meet its obligations. Bankruptcy is simply the transfer of ownership from one security holder to another. Th e theory is that bondholders are no less sensible than stockholders. For suppliers and customers it is inappropriate to assume that firm has disappeared as an entity if bondholders are in control. It is stress-free to terminate of firms that are or have been in agony and estimation that impending bankruptcy led to a reduction in product demand. Capital structure of the firm can also be explained in rapports of the tax benefits linked with the use of debt. Green, Murinde and Suppakitjarak (2002) identified that tax policy has a crucial effect on the capital structure decisions of firms. Corporate taxes accept firms to deduct interest on debt in computing taxable profits. This recommends that tax is imitative from debt would lead firms to be totally financed through debt. Capital structure is also known as the financial structure of a firm. Modigliani and Miller (1958) were among the first ones to meaningful the problem of capital structure and they claimed that capital structur e was separated in determining the firms value and its future performance. The value of the firm can be improved by the use of debt as interest expenses can be subtracted from taxable corporate income. But increase in debt results in an increased chance of bankruptcy. Hence, the finest capital structure signifies a level of leverage that stabilize bankruptcy costs and remunerations of debt finance. The bigger the probability of bankruptcy a firm outside as the outcome of increase in the cost of debt, the less debt they use in the issuance of new capital (Pettit and Singer, 1985). On the other hand, Lubatkin and Chatterjee (1994) as well as many other studies have proved that there exists a connection between capital structure and firm value. Modigliani and miller (1958) claimed that an optimal capital structure occurs when the risk of going bankrupt is offset by the tax savings of debt. However, Brigham and Gapenski (1996) said that, in scheme the MM model is valid, but in practi ce, bankruptcy costs exist and these costs are directly comparative to the debt level of the firm. Capital structure increases the probabilities of financial distress and bankruptcy. Firms face costs of financial distress when they are incapable to pay debt. They will have high debt relations if these budgets are zero or minor (Scott, 1976; Kim, 1978). Since costs of financial distress are non-trivial, firm can actually go bankrupt, firms with high prospect of bankruptcy will have low debt ratio. The likelihoods of bankruptcy for firms with large reserve resources will be moderately less, but unlevered firms with high profitability and huge reserve funds would have great competitive advantage. Model of bankruptcy Bankruptcy and liquidation Theoretically, a rise in debt level causes an increase in bankruptcy costs. Therefore, they argue that an optimal capital structure can merely be conquered if the tax sheltering welfares convey that an increase in debt level is equal to the bankruptcy costs. In this case, managers of the firms should be able to sort when this optimal capital structure is achieved and try to maintain it at the same level. Awareness about capital structures has frequently been derived from data from developed economies that have many institutional likenesses (Booth et al., 2001). It is essential to note that different countries have different institutional arrangements, principally with respect to their tax and bankruptcy codes, the present market for corporate control, and the roles banks and securities markets play. A similar argument can be made with respect to the tie between capital structure and liquidation recommended in a recent paper by Allen (1986). In his model, bankruptcy is exposed to bring a delay in investment by the firm that sets the firm at a strategic weakness that it likely to lead to liquidation in the end. Allen, however, openly assumes that stockholders are for some cause prohibited from repurchasing the debt at its current market value to avoid bankruptcy. Bankruptcy and Asymmetric Information Liquidation and bankruptcy decisions are made separable, however Webb claims that asymmetric information may, under positive circumstances, cause in the frequency of bankruptcy costs as a drain away from the firm. He considers two kinds of asymmetric information. First, indecision about the formal bankruptcy court settlement may lead to circumstances in which bankruptcy costs would not be concealed through informal settlement. Second, stockholders are expected to know the true going apprehension value of the firm qualified to its liquidation value, but bondholders are undefined unless a certification cost to a third party is incurred. The cost of verification is principally the bankruptcy cost, and it may be acquired depending on the bondholders estimated gain from formal settlement would not eagerly liquidate the firm even if the liquidating value exceeds the going concern value. Therefore a debate has been put forward that the two asymmetric information cases reflected not to pri me to the frequency of bankruptcy costs as a drain away from the parties to the firm. Market solution to the problem of bankruptcy costs Scientists begin by repeating their original market result to the bankruptcy cost problem. The bankruptcy cost can be escaped by amending the firms capital structure to an ideal prior to the frequency of bankruptcy. This familiar reorganization of the capital structure can be accomplished in a number ways. The stockholders can repurchase the debt at its present market value. Alternatively, the bondholders can purchase the stock. Then strangers can purchase both the debt and equity the entire market value. With rational performance and unrestricted arbitrage, the charges of bankruptcy must be inadequate to the inferior of transaction costs earned through financial markets and the cost incurred through the court system. Once debt has been wholly eliminated, a new debt can be issued that takes advantage of the corporate tax subsidy

Cause Of Terrorism Essay - 1703 Words

People use terrorism to cause a sense of fear in a group of people and to make a clear stand on how they feel about a certain topic. Terrorism first became apparent during the French Revolution in the 1790s (Jenkins, 2017). This time era, known as the Reign of Terror, carried out mass killings of innocent civilians by a torture device called the guillotine (Jenkins, 2017). Since this time, terrorism has become more prominent all over the world. Presently, terrorism shows a clear political standing within a certain group of people. Terrorism is an ongoing problem that the world faces today. Many different examples of terrorism have happened in the world. One of the most well-known terrorist attacks happened on September 11, 2001, at the†¦show more content†¦This group called themselves the Islamic State or better known as ISIS. The article addresses that â€Å"Islamic terrorists are the most notorious of today’s violent radicals...† (Morgan, 2004). A few of the major attacks that ISIS has coordinated in the last couple of years have occurred in Paris, France. The first attack, carried out on January 7, 2015, happened at a location of a magazine shop called the Charlie Hebdo. Two Islamic terrorists entered the shop located in Paris and killed eleven people, including the editor (Ray, 2016). Little did Paris know that it was the first of many deadly assaults (Ray, 2016). Months after the deadly offense took place, another planned attack took place. On August 21, 2015, an ISIS accomplice boarded the train carrying an AK-47 assault rifle, a pistol, and many rounds of ammunition with the intent to kill. Luckily, the passengers on board the train were able to render the man incapable of doing what he set out to do. Two of the men that helped take the man down acted as off-duty U.S. military members vacationing in France (Ray, 2016). A few months later, the terrorist attacks increased in the city, causing devastation for the entire country. On November 13, 2015, multiple attacks aroused all over the city (Ray, 2016). At the Stade de France, France and Germany participated in a soccer match where France’s president, Franà §ois Hollande, was in attendance. A suicide bomber attempted to enter the stadium whenShow MoreRelatedEssay on Motivations and Causes of Terrorism3275 Words   |  14 PagesMotivations and Causes of Terrorism Despite the end of the Cold War and the faltering beginnings of a peace process in the Middle East, terrorism still remains a serious threat in many countries, not surprisingly, given that the underlying causes of the bitter ethnic and religious struggles which spawn terrorism pre-dated the Cold War, and most of these conflicts remain unresolved. While the former Soviet Union sponsored terrorism on an opportunistic basis, the idea that all internationalRead MoreTerrorism and the Causes of Terrorist Attacks Essay2149 Words   |  9 Pagesof years apart, are still very much alike.   The same desires for money, relations between different countries, and differing religious views are what caused this tragedy and similar conflicts during the expansion of Europe.   By examining these causes in the present as well as in the past, Americans might have a better understanding of the current situation and come up with some ways to prevent such a tragedy in future. The exploitation of many of the native peoples in the New World duringRead MoreThe Causes of Terrorism and How it can be Stopped Essay2611 Words   |  11 PagesTerrorism and guerrilla warfare, whether justified as resistance to oppression or condemned as disrupting the rule of law, are as old as civilization itself. The power of the terrorist, however, has been magnified by modern weapons, including television, which he has learned to exploit. (Guerrillas and Terrorists) There are many definitions and forms of terrorism: biological and chemical, nuclear, international, cyber, criminal, environmental, and US Domestic terrorism are some examples. UsuallyRead MoreEvents Of 9 / 11 : An Era Of New Terrorism 893 Words   |  4 Pages1. Introduction This essay will discuss whether or not the events of 9/11 presaged an era of ‘new terrorism’. The attacks created a change to the perceived level of vulnerability to terrorist attacks in North America given that 9/11 was the first time there was an act of terrorism on such a significant scale within the United States. While the evidence for both sides is very compelling it is difficult to label the era as â€Å"new† therefore the essay will conclude that the attacks lead to anRead MoreThe Construction Of The War On Terrorism1103 Words   |  5 Pagessociety is characterized as â€Å"terrorism.† In the context of international relations, terrorism is one of the most challenged definitions. The term â€Å"terrorism† is politically and emotionally charged, which has made it difficult for the international community to develop a universally agreed upon definition. In a general sense, terrorism can be expressed as the use or threatened use of force agai nst civilians to provoke political or social change. Shared elements of terrorism also include that it is politicalRead More The True Meaning of Terrorism Essay813 Words   |  4 PagesThe True Meaning of Terrorism Think of the word terrorism. What is the first thing that comes to mind? One might think of kidnapping, assassination, bombing, or even genocide and guerrilla warfare. Because it is such a broad and complex issue, an all-encompassing definition is hard to formulate. The United States Department of Defence defines terrorism as†¦ The calculated use of violence or the threat of violence to inculcate fear; intended to coerce or to intimidate governments or societiesRead MoreThe U.s. Military Response985 Words   |  4 Pageshas been a notable transformation in international law regarding state responsibility for terrorist acts. This essay aims to argue that such change has been significant and it has satisfactorily countenanced states’ response to terrorism by presenting evidence of new state practice plus opinio juris in this area. To do so, this essay will first discuss the controversial concept of terrorism and its relevance to the legal framework for the use of armed force in international law. From here, it willRead MoreInternational Terrorism And The Security Of The United Kingdom1665 Words   |  7 Pages This essay will explore the argument that international terrorism represents the greatest threat to the security of the United Kingdom. It will begin by defining, within the context of this essay, what is meant by the concepts of national security, terrorism and international terrorism, and how international terrorism threatens our nation through both direct and indirect means. Throughout, it will identify a snapshot of the current gamut of security threats to the United Kingdom and analyse, throughRead MoreTerrorism and Moral Panic in America Essay1650 Words   |  7 Pagesproblems that cause some sort of reaction from individuals who believe that their social stability is being endangered. There have been a number of moral panics which have captivated society in terror and more often than not, owing to unfamiliarity. This essay will discuss the perception of a moral panic and will look at the case of the September 11th Terrorist attack against the United States of America, which t riggered a colossal conflict of morality within modern day society. This essay will alsoRead MoreThe State Terror in Taiwan1566 Words   |  6 Pages The term terrorism is generally linked with images from September 11 and other attacks targeted on innocent civilians done by terrorist individuals and sub-sate group to influence state’s policy nowadays. Terrorists are portrayed as evil and unlawful while states represent the justice and legitimate side that against it. According to Jackson(2011: , more than 80 percent of the academic articles are dealing with non-state terrorism. However, as described by Jackson(2011: 228-9 in Jackson, R., Murphy

Blasting And Use Of Explosives Essay Research free essay sample

Blasting And Use Of Explosives Essay, Research Paper 1926.900 General Commissariats Managing and utilizing explosives is highly unsafe and can non be taken lightly. Merely authorised and qualified people should be allowed to manage and utilize explosives. These people must hold equal preparation, cognition, and experience to cognize how to utilize explosives and blaring agents right. It is of import that no beginnings of heat and fire are permitted near the explosives at any clip ; this includes storage, transit, and usage. This will greatly cut down the opportunities of inadvertent ignition. Peoples who handle explosives must non be under the influence of intoxicant, drugs, or any other alcohols. It is wholly unacceptable for any worker to be under the influence of any substance while working, non merely people who handle explosives. Whenever possible, above land blaring operations should be performed during daylight hours. A lit workplace is a safer workplace and will cut down the figure of errors and hurts. In the event of a fire in or around a installation that houses explosives, the country shall be blocked off and all people removed. It is excessively unsafe to seek to contend a fire near explosives. The possible loss of life from the explosives detonating is a far greater cost than allowing the edifice burn. Any clip explosive are being used the employer must expose proper warning marks an all roads within 1,000 pess of the ruinous country. The marks must clearly bespeak that it is a ruinous country and to turn off all 2-way wirelesss. Blasting zone marks should be diamond form and step 48 Ten 48. Turn off 2-way wireless marks should be rectangular form and step 42 Ten 36. 1926.901 Blaster Qualifications Blasting is a really unsafe occupation and chargemans must run into certain makings to be able to make the occupation safely. First of all chargemans must be competent and able to give and have written and unwritten orders. Without good communicating a blasting site can go a deathly bomb field. It is besides of import that the chargeman is in good physical status and non addicted to any kind of narcotics or under the influence of any alcohols. Blasters besides should be good trained, knowing, and have anterior blasting experience. They should cognize the proper manner to transport, shop, grip, and utilize all sorts of explosives and be up to day of the month with all local and State Torahs refering to explosives. Blasters must give equal grounds of competence in explosive handling and executing the type of blasting required. It is really of import that all chargemans be highly knowing in all countries of blaring to minimise the opportunity, every bit much as possible, of an accident. 1926.902 Surface Transportation of Explosives Particular safeguards must be made when transporting any type of explosive stuffs. Drivers must be trained how to properly grip and conveyance explosives. All drivers who will be transporting explosive stuff must be a accredited driver in good physical status and must be knowing of all local, State, and Federal ordinances associating to transporting explosives. Cipher in or near the vehicle which is transporting the explosive can smoke, transport lucifers or have any other type of flame-producing devices including pieces and loaded cartridges. When transporting blaring supplies and blaring agents they should non be transported with other stuffs. Blasting caps and the explosives should non be transported in the same vehicle. Each vehicle used for transporting explosives must be marked on all four sides with the word Explosives in big ruddy letters on a white background, which are non less than 4 inches tall. Every vehicle must hold a to the full charged fire extinguisher non less than a 10-ABC evaluation, and the driver must be to the full trained in the proper usage of the fire asphyxiator. In the event of a dislocation of the vehicle, it must non be taken indoors of a garage for fixs. The vehicle must neer be left unattended either. This will forestall unauthorised people from acquiring near the explosives. 1926.904 Storage of Explosives and Blasting Agents Certain guidelines must be followed when hive awaying explosives and blaring agents to forestall accidents. Blasting caps, exploding primers, and primed cartridges must be stored in separate magazines. Smoke and unfastened fires must be kept at least 50 pess off from storage magazines to forestall inadvertent ignition. When hive awaying vitamin E xplosive stuffs in belowground storage magazines, there must be at least 2 ways to go out the installation. Permanent belowground storage magazines must be at least 300 pess from any shaft, adit, or active belowground working country. Besides, magazines incorporating detonating devices must non be stored closer than 50 pess to any other magazine incorporating explosive and ruinous agents. 1926.909 Open firing the Blast Extreme cautiousness must be used when firing the blast. Signs with the blaring signal codifications must be placed conspicuously around the occupation site so all employees can see them and go familiar with them. The warning signal starts 5 proceedingss before the blast signal and consists of a 1-minute series of long blasts. After the warning signal comes the blast signal which is a series of short blasts 1-minute prior to the shooting. After the blast is inspected an all-clear signal is sounded which is a drawn-out blast. If the blasting zone is near any roads or main roads flagmen shall be stationed on the roads to halt traffic during blaring operations. 1926.910 Inspection After Blasting After the blast is fired the blasting site must be inspected to see if all charges have been fired. Immediately after the blast the fire line must be disconnected from the blasting machine and the power to the machine must be locked unfastened or in the off place. Adequate clip must be allowed before the review to allow the fume and exhausts clear the country. The chargeman must so travel in and inspect the country to do certain all charges have been fired before any employees are allowed on the site. 1926.911 Misfires A dud of an explosive charge must be handled really carefully. All employees must be kept off from the blast zone and out of danger if a dud occurs. Charges that have misfired must non be extracted from the hole. A new primer shall be put in and the charge re-blasted. If re-blasting the charge is non possible because it presents a jeopardy, the explosives can be removed by rinsing them out with H2O. Misfires with cap and fuse explosives call for at least a 1-hour delay to come in the site. No work is allowed on any site until it has been determined that all charges have been ignited to forestall workers from by chance puting off a misfired charge. Importance to Me Blasting and explosive safety is of import to me because I wanted to foster my cognition of building safety. I work for Westra Construction Inc. as a labourer during the summer to pay for school and although they don t usage explosives much in their work, I wanted to cognize the facets of blaring safety incase I was of all time around any blasting. This will besides be utile subsequently on in life when I get a occupation in the building industry. The more I know now the better my opportunities are to acquire a good occupation in the hereafter. Right now I am a BCM major and I am believing of picking up Safety as my child. The more I know about OSHA criterions and ordinances the more companies will look at me for their places. Execution If I were the safety officer in charge of implementing a safety plan for the usage of blasting and explosives I would make many things to see conformity to my plan. First off I would travel straight to upper direction and acquire their support for my plan. Without their support the whole safety plan would hold a difficult clip keeping H2O. I would necessitate the authorization to travel onto undertakings to inspect for conformity and implement the safety ordinances. All employees would hold to travel through a preparation plan taught by a competent individual and records of their attending will be kept. Every few old ages the preparation would hold to be repeated and employees would hold to re-new their enfranchisement. The chiefs on the occupation sites would be accountable for safety on their undertaking and their annual safety evaluation would impact their one-year fillip. It would be up to the chiefs or other lead adult male on the occupation to carry on a hebdomadal safety meeti ng with the crew before the start of the hebdomad and reappraisal cardinal safety rules. Besides every employee would hold the duty to repair a safety job whenever they see one on the occupation site. Safety in the workplace should be top precedence to every company. Not merely do good safety plans cut down accidents, they besides cut down overall costs in the long tally. Safety can be a win-win combination for both workers and companies, but merely if there is conformity to a good safety plan.

The Moral Flaws of Al Gores An Inconvenient Truth free essay sample

This is the age of the cliffhanger. It is the age of the plot twist. It is the age that has taught people to make sense of the world not merely with that time-honored aid—the story—but also with stories that self-consciously mimic the serial workings of television.An Inconvenient Truth spends too little time on what audiences might do about global warming, too much time trying to impress us with the Ask Mr. Science side of Gores personality. Fewer details might have made the movie more effective, especially given that some details are off. For instance, Gore spends a while saying Earths atmosphere is relatively thin, then somberly declares, The problem we now face is that this thin layer of atmosphere is being thickened by huge quantities of carbon dioxide. Thickness is not the issue. Carbon dioxide, the greenhouse gas produced by fossil-fuel combustion and forest fires, has molecular bonds that vibrate on the same wavelengths at which infrared energy radiates upward from Earths surface; the vibration warms the CO2, trapping heat. We will write a custom essay sample on The Moral Flaws of Al Gores An Inconvenient Truth or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The main atmospheric gas, nitrogen, does not absorb energy on those wavelengths. It is the chemistry of carbon dioxide, not its density, that matters. (See this chemistry page maintained by the carbon dioxide study center at Oak Ridge National Laboratory.) Anyway, you dont really need to know how greenhouse gases function. Why does Gore insist on giving a wrong explanation?The movie takes a wacky side-trip into a conspiracy theory about Philip Cooney, who was a lobbyist for the American Petroleum Institute and then became chief of staff of George W. Bushs Council on Environmental Quality—and then got a plush office at ExxonMobil. Gore asserts Cooney was in charge of environmental policy in the White House, which is nonsense. The EPA administrators, Josh Bolten, Andrew Card, James Connaughton, Mitch Daniels, John Graham, Al Hubbard, and Karl Rove, have been Bushs go-to figures for environment policy; and Connaughton, to whom Cooney reported, is green as can be. Gore implies Cooneys secret mission was to sabotage such efforts as the federal Climate Change Science Program. If so, Cooney better keep his day job, since that program recently declared clear evidence of human influences on the climate system.

Whats an Average ACT Writing Score

What's an Average ACT Writing Score SAT / ACT Prep Online Guides and Tips It's approximately one month after your ACT test date. You get your ACT score report and see your ACT Writing score. But what does that number actually mean? Did you do better than average? Worse? Exactly average? Learn what an average ACT Writing score is in this article. Feature image credit: meet average! by Maria Ly, used under CC BY 2.0/Cropped and modified from original. What Is the ACT Writing Score Range? ACT Writing scoring differs from the other test sections in three important ways. Unlike your scores for English, Math, Reading, and Science, your ACT Writing score... is on a scale of 2-12, rather than 1-36. is optional. You can take the ACT with or without Writing. is not included when calculating your composite score. On your ACT score report, you'll see subscores in each of four domains (scored from 1-6). Because two graders score your essay, you'll receive a total score out of 12 in each domain. Your four domain scores are then averaged to get your total ACT Writing score, also out of 12. The four domains your essay is scored across are as follows: #1: Ideas and Analysis Do you discuss all three perspectives provided? What's your perspective on the topic? [How] Do you compare the perspectives to one another? #2: Development and Support Do you use logical reasoning or employ detailed examples to support and explain your ideas? #3: Organization Is your essay organized? Are ideas separated into their own paragraphs? Is your writing organized within each paragraph as well? #4: Language Use Do you use standard English written grammar? Are your sentences clear and varied in structure? Do you use appropriate vocabulary? For more about what goes into each domain score, read our article on the ACT Writing Rubric. Want to improve your ACT score by 4 points? Tired of wasting time prepping in ways that don't work? We have the industry's leading ACT prep program. Built by Harvard grads and ACT full scorers, the program learns your strengths and weaknesses through advanced statistics, then customizes your prep program to you so you get the most effective prep possible. It's the best prep program available right now. Best of all, we guarantee your money back if you don't improve your score by 4 points or more. Check out our 5-day free trial today: Improve Your ACT Score by 4+ Points, Guaranteed What’s an Average ACT Writing Score? The average ACT Writing score is between 6/12 and 7/12 (based on the most recent data from ACT, Inc). The following table has a more detailed breakdown of Writing test percentiles: 2-12 Score (2018-2019) Cumulative Percent 2 2 3 4 4 12 5 24 6 47 7 65 8 88 9 95 10 99 11 99 12 100 Because your total ACT Writing score is the average of your four domain scores, the average domain scores (Ideas Analysis, Development Support, Organization, and Language Use) are also likely around 6/12 or 7/12, although ACT, Inc. doesn't provide specific information about the cumulative percentiles of the domain scores. How Much Does My Essay Score Matter? Does your essay score even matter? While there are many colleges that require or recommend ACT Writing scores, most don't give an ACT Writing score range they want to see. For students applying to humanities programs, colleges might consider the new English-Language Arts subscore, which combines scaled English, Reading, and Writing performance. At a few colleges (like the University of Montana), your ACT Writing score might be used for freshman writing class placement purposes. If that's the case for you, you might want your Writing score percentile to be close to (or higher than) your English and Reading score percentiles. In general, though, my best advice is to make sure your ACT Writing score percentile isn’t drastically (20 percentile points) lower than your other ACT section scores- that kind of discrepancy might raise a red flag for admissions staff. Otherwise, colleges just don't care that much about the ACT essay (especially compared to other parts of your application like your personal statement). What’s Next? Now that you know what an average ACT essay score is, what's a good essay score for you? Read our article on how to calculate your target ACT Writing score. What strategies can you use to make sure your ACT Writing score is better than average? Take a look at our full analysis of the ACT Writing scoring rubric. How long does your ACT essay need to be? Find out how essay length affects your score here. Confused about the domain scores? Get the inside story on ACT Writing scoring with our complete guide. Want to improve your ACT score by 4 points? Check out our best-in-class online ACT prep program. We guarantee your money back if you don't improve your ACT score by 4 points or more. Our program is entirely online, and it customizes what you study to your strengths and weaknesses. If you liked this ACT Writing lesson, you'll love our program.Along with more detailed lessons, you'll get your ACT essays hand-graded by a master instructor who will give you customized feedback on how you can improve. We'll also give you a step-by-step program to follow so you'll never be confused about what to study next. Check out our 5-day free trial:

In the years 1603 25, the King was a tyrant who did not listen to the people and had no respect for the law Essays

In the years 1603 25, the King was a tyrant who did not listen to the people and had no respect for the law Essays In the years 1603 25, the King was a tyrant who did not listen to the people and had no respect for the law Paper In the years 1603 25, the King was a tyrant who did not listen to the people and had no respect for the law Paper Essay Topic: History The year in which King James VI of Scotland came to the English throne was a great time of upheaval. The much loved Queen Elizabeth, who had been the monarch over such victories as the Spanish Armada, was dead, leaving no direct successor, only her second cousin from Scotland who was a rough-mannered, coarse, paranoid Scot, with a Calvinistic upbringing. Despite the vast differences between the Scottish and English Courts, James still managed to rule the country reasonably well and with a degree of stability, up to his death in 1625. Many historians have placed blame of the persecutions of Catholics on James shoulders, thus labeling him a tyrant. However, this is not entirely true, as most of the persecution that took place wasnt due to orders from James, but under a law passed in Queen Elizabeths reign, called the Act of Uniformity. Under this act, all were required to attend Church, with a shilling fine if you refused. This was to discourage recusants. However in conjunction with this act, was the Act of Supremacy, which required all judges, Members of Government, Justice of Peace, and mayors to take an oath approving the Royal supremacy. This meant they declared that the monarch was the supreme governor of the church. Those that refused to do so three times were executed. This ruling carried on, well into Jamess reign. This meant that for any Catholics who refused to take the oath, they would be executed. Another fact to consider is that James had lead a very paranoid childhood, ripe with assassination attempts, and family intrigue. As such he was very wary of people in general and in particular the Catholics. This paranoia increased after the gunpowder plot of 1605, although there are suspicions that it was all planned by James himself, to increase his popularity, and decrease Catholic sympathy. James should not be blamed for the persecution of the Catholics, as although he disliked them, he also disliked the puritans. The puritans didnt endure any major injustices as they were strictly Protestant. James disliked the extremities of their faith immensely, but they were not persecuted. Therefore it is possible that any persecution of Catholics that took place during his reign, were not under Jamess orders but someone else, such as Robert Cecil, who was a firm Protestant with very anti-Catholic views. James was also called a tyrant, because his coarse Scottish upbringing did not fit in well with the English Aristocracy. He was unkempt, brash, and tactless. Ideal for the boisterous violent Scottish court, but unheard of across the border. Thomas Macauly said of him: [he was prone to] stammering, slobbering, shedding unmanly tears, trembling at a drawn sword, and talking in a style alternatively of a buffoon and a pedagogue. The stammering and slobbering were most likely due to the fact he had a huge tongue and badly deformed mouth (due to the years of inbreeding between the many monarchies of Europe). He had been incredibly well educated for royalty of those times, and was fluent in several languages, but still spoke as a simple man in his court. Most of the descriptions of James come from Sir Anthony Weldon, who was a civil servant of the time. He disliked some of Jamess views on the Catholic situation, and so effectively badmouthed him in his writings The Court and Character of King James. This is one of the few texts that remain from that era, so is a frequently used source about James by historians studying that period. However it is not very pleasant, and offers an anti-James view, leaving us with no other source of contradiction. It is true that, under Jamess reign, the poor remained as hungry and insignificant as they had ever been. James has been accused of not listening to the people, and while this is true of the 95% of the population, he listened to the remaining 5% who were the landed aristocracy. These were the people with power, and therefore the ones worth listening to. And while sessions of parliament were irregular and often only for one purpose such as approval of money, James instead used the opportunities of the Royal court to stay in touch with the differing political opinions of the time. This meant that those in court could not speak freely of their opinions of James himself, to the same extent that they could in parliament, because they didnt have the luxury of certain rights (freedom of speech, freedom from arrest etc.) This prevented James from getting a clear idea of the political opinions about himself, so to ensure peoples loyalty he gave rewards such as cash, lands and titles. This was not a complete success however as the Ambassador of Venice stated in 1607: [James did not] Caress the people nor make them that good cheer the late queen did whereby she won their loves. James was often compared to his predecessor, Elizabeth, as many of the political standings and foreign situations were similar for both monarchs. However, he also failed to live up to these comparisons, as Elizabeth was both a popular queen and one who governed of periods of great change and discovery. That is not to say that Jamess reign was without success. He governed over the first settlements of what was to become the United States of America, delayed open war both with other countries, and within itself. But although James was a successful monarch in these respects, he did not have the same charisma as the previous monarch. It is because of this that had handed out gifts so frivolously, hoping to gain favor with the court, but instead decreasing the worth of the titles and draining his already debt-ridden finances. James has been said to have no respect for the law. James believed in the Divine right of Kings, which meant that he derived his royal powers and prerogatives directly from God, therefore he was answerable to God and God alone. He was: . above the law as both the author and giver of strength thereto, yet a good king will not only delight to rule his subjects by the law, but even will conform himself thereunto; always keeping the ground that the health of the commonwealth be his chief law. This was a tract written by James and published anonymously five years before he became king of England. It displays his arrogance of being above the law, but also contains a condition that even though the king is above the law, if he is a good king, he will follow the laws he sets himself. This displays that even before he was James I of England, as James VI of Scotland he respected the laws that he set himself. He also wrote extensively about how a king should act in his book Basilcon Doron, setting guidelines down for his son. Another argument against James is that on his journey down from Scotland to be crowned in London, he stopped in the town of Newark. He was witness to a pickpocket being caught and ordered that the punishment be hanging. The obedient councilors did as James said, and after the deed had been done told him that in England the king did not have the power to put someone to death without a trial. This is not a case of James having no respect for the law, simply a case of not knowing the differences between the English and Scottish systems. In conclusion, James was an adequate and fairly successful king. He was not the tyrant sometimes described, and listened to the people that mattered at the time, the landed aristocracy. Although he did not charm them the way the former queen did, he managed to keep them satisfied by gifts and rewards for loyalty at the expense of his own pocket. And he respected the law as much as was possible to, by following the guidelines he set himself.

Major Competitors Essay Example | Topics and Well Written Essays - 1250 words

Major Competitors - Essay Example Smith & White maintains several strengths as a multi-national company. First, the business has a well-diversified product line including professional and consumer products which provide for higher sales revenue from multiple, international consumers. The company’s brand strategy is also a significant strength due to the unified brand messages which gives S&W dominant market share globally. The company further has already established brand equity, which means that customers recognize the company brand names and many prefer them. This gives the company powerful marketing edge. S&W products also have a quality reputation in the retail sales environment as Big Box retailers stock its products which give them more selling exposure. Weaknesses at S&W include financial issues such as costs associated with high labor in areas where old manufacturing plants are still being utilized. There is also market confusion regarding consumer and professional products, meaning that the two categories of products are not being distinguished or differentiated properly. Distributors also create weaknesses because the ones which S&W uses have a dominant position in the supply chain and take advantage of this position. The company’s sheer size, also, creates weaknesses for the company as it is not able to respond quickly enough or efficiently enough when rapid changes are occurring in the market. The cordless market is also growing quickly, however S&W does not have a very big market presence in the cordless product area, making this another weakness at the company. There are many opportunities for S&W, the first of which is to begin focusing areas of the business on the development of cordless professional and consumer products to gain a larger presence and earn higher revenues there. Secondly, S&W maintains opportunities to develop an appropriate rapid change training and development seminar to allow staff

Report on Foreign Direct Investment of The Toyota Motor Corporation Term Paper

Report on Foreign Direct Investment of The Toyota Motor Corporation - Term Paper Example According to 2010 financial data, India is the world’s fourth largest economy by purchasing power parity and tenth largest by nominal GDP. As per International Monetary Fund’s report, the country’s per capita GDP is $3,339 in 2010. As Shurtleft and Aoyagi point out, India initiated its free market operations in 1991, and that highly boosted India’s economic growth (999). The country’s industrial operations account for 28% of the GDP and it employs 14% of the total workforce. India’s economy is the world’s 12th biggest in terms of nominal factory output whereas it is 13th on the ground of service output. The country has achieved significant improvements in its energy and power resources during the last few decades; India’s oil reserves are capable of meeting the country’s 25% of the domestic oil demand. Well structured Indian banking system plays a notable role in supporting India’s economic growth. A stable currenc y is another prominent feature of Indian economy. Hence, the economic factors of India offer potential opportunities for Toyota in the market. Despite these positive economic elements, the country has been facing serious income inequalities, higher unemployment, and increasing number of malnourished children. Higher unemployment rate in India may be beneficial for the Toyota to obtain labors at cheaper costs. The country’s exports increased 22.3% in November 2010 whereas the imports rose by 7.5%. Similarly, the country’s trade deficit dropped from $10.45 billion in 2009 to $8.94 billion in 2010. Political Scenario India is the largest economy in the world and a federal constitutional republic. The country’s political situation is more or less stable. While analyzing the democratic history of India, it is obvious that Government of India has been led by the Indian National Congress most times. The Indian state politics is dominated by several national parties inc luding INC, Bharatiya Janata Party (BJP), and a number of other regional parties. Presently, the Government of India is being led by the INC by winning with a surprising majority in the 2009 Lok Sabha Elections. Different political parties represent different societies and regions and their core values can have a great influence on the Indian political spectrum. Since India is a democratic country, the Toyota may sometimes confront with agitations as occurred in the case of Coca Cola. However, the Indian government believes that foreign investment would significantly contribute to the rapid economic growth of the country. Therefore, the political spectrum of India offers opportunities for Toyota. By the end of 1970s, India liberalized its foreign trade policy and it provided multinational firms better access to Indian market (Dahlman & Utz,). As a result, India’

Growing Importance of the Global Economy Essay Example for Free

Growing Importance of the Global Economy Essay How has the growing importance of the global economy affected your organization’s competitiveness? The global financial crisis continues to be a severe shock to most enterprises. The initial economic downturn, the worst since the Great Depression, has affected almost all sectors of the economy. Everyone and every organization that has felt the pain. The company I work for serve the basic insurance needs of the fast-growing but largely under-served American middle income market. While many insurers have moved up-market, we are firmly committed to helping working families and retirees get basic protection through long-term care, life and supplemental health insurance products, as well as annuities How has your organization responded to this? My company offer consumer’s choice in how they buy insurance products. They can buy direct from Colonial Penn, which has special expertise in direct sales. They can purchase products across the kitchen table through career agents from Bankers Life and Casualty Company, independent agents of our Washington National Insurance Company unit or through its Performance Matters Associates marketing arm, both of which also offer voluntary benefit products to employees at the workplace. What recommendations would you make for your organization to improve its strategic decision-making? I would have consolidated and integrated all operations under a single resource with the goal of delivering improved customer service even as we reduced costs. A streamlined application and straight-through processing system has shortened customer and agent turn-around times and lowered application costs. 2013 CNO Financial Group, Inc. http//www.cnoinc.com

Marketing Essay -- essays research papers

All companies compete with one another; they strive for excellence and to be the best. They have to compete with each other to win over markets and to be the one who ends up on top. Most businesses are guided by the maxim "nothing ventured, nothing gained" (Spulber 7). Winning a market requires a company to have an aggressive investment and growth. Although many companies try to keep costs down for the consumer, low costs are not always the solution for every situation. It is generally the Chief Executive officer (CEO) who formulated strategies to connect markets. The CEO has to have the ability to for see the future of the company in order to make intelligent decisions. Wal-Mart was founded in 1962 by Sam Walton, who wanted to make a discount department store, and ended up being extremely successful in his doings. The earnings in one year for Wal-Mart are approximately $4,430,000,000. Commonly, the winning firm is identified as the firm with the highest sales revenue. There are many winning firms including Wal-Mart for their retailing ability. Wal-Mart stores are the leading retailer with $100 billion in retail sales and is also the leader in profits with $3billion which is much higher then the company with $3 billion which is much higher then the trailing company Sears. The market value of Wal-Mart is more then three times higher then their competitors. Wal-Mart has not only been able to take over the retail market, but they continue to grow substantially. Winning markets, like Wal-Mart result from an effective strategy, a continuous innovations, and efficient organization. Companies that try to have larger firms may not be successful just because they are bigger, a successful firm, such as Wal-Mart is successful because of its marketing ability which draws customers in and in turn the customers spend money. A secret success of Wal-Mart is its indirect strategies and ways to win markets without running into high costs. Companies like Wal-Mart like to win a market by attacking the other firms weak points. When Wal-Mart is trying to find another company to engage in direct competition, they need to make sure they have a strong playing field on their part so it is an effective challenge. The primary boundary of a firm is its s... ...hod of exchange can allow an incumbent to remain a marker maker or permit an innovative entrant to bypass the incumbent to remain a market maker or permit an innovative entrant to bypass the incumbent. Intermediary competition offers the possibility of far more effective use of information. A retailer such as Wal-Mart gains a competitive advantage over the other retailer intermediaries through its well developed electronic data interchange system that allows it to pass on information about customer purchasing patterns to its suppliers. This gives Wal-Mart an edge in terms of supplier relationships and allows it to obtain favorable terms compared to competing retailers. Wal-Mart's marketing strategies have made them one of the largest companies in the world. The way they are able to compete with others gives them a competitive edge since most other companies cannot keep up with them. Wal-Mart is a very recognizable name. Seeing how they employ over four million people shop they’re for values. Since Wal-Mart is able to provide discount prices, lower then other stores, gives them the ability to pull shoppers into Wal-Mart for a large variety of items.

Ice Cream Essay

According to market research conductedin 1996, 80% of Filipino consumers bought on impulse (they bought only upon passing an ice cream shop or scooping station, but without an intention to buy first); 98% ate ice cream was an afternoon snack. Furthermore, studies showed that per capita consumption of ice cream was less than a forth of a gallon per person per year. In 1992, it stood at 0. 23 gallons per person and declined to 0. 20 in 1993. On average, domestic ice cream market was 13. 8 million gallons from 1991-1993, worth estimated p 2. 5-3 billion per annum. Bulk ice cream comprised 86% of the industry sales while the rest was accounted for by frozen novelties. Main competitors in this include San Miguel Corporation’s (SMC) Magnolia and RFM’s Selecta. Magnolia Other trailing competitors are Universal Robina Corporation’s (URC) Presto, Arce Dairy Ice Cream, and Pure food’s Coney Island, as well as foreign brands like Baskin-Robbins ,Dreyer’s and Haagen-Dazs. Magnolia – The pioneer ice cream brand in terms of flavour, quality control, variety, technology and distribution produced by the merger of SMC and Nestle. It introduced the Flavor of the Month series that provided a huge variety of ice cream flavours to the consumer, with projected volumes of FoM ice cream sold reaching over 28 million gallons. It pioneered the introduction of tropical fruit flavours. It was the first to achieve International Standards Organization quality standards, and is the only Filipino ice cream brand that has expanded overseas. Magnolia is poised as the main competitor, as it aims to be at the forefront of the dairy industry. With increasing competition, MNC intends to make its products available in neighborhood stores and major outlets; introduce a feedback mechanism that will help the corporation monitor the market; and employ new approaches to selling. Currently, magnolia is the preferred choice of many five star hotels, fine dining restaurants, sports and country clubs and food chains.Presto – this brand claims value for money, as part of the corporate philosophy of the Gokongweis, owners of JG summit corp. hich URC is part of, which is to make available value-for-money items for all its consumer-branded products, and as such has positioned its prices lower than Magnolia & Selecta. Presto excels in the frozen novelties market, as was demonstrated in their introduction of Tivoli bars, the first ice cream bar in the Philippines, a phenomenal success that had competitors challenge it with their own versions of ice cream bars. Presto currently holding the number three position, is determined to fur ther widen its market share and catch up with the giants. Thus, the company is eyeing the possibility of plant capacity expansion and wider distribution network. It is also determined to enhance its advertising campaigns and be very active in the communication field. Arce Dairy – This ice cream brand was started in January 1995 and immediately got hold of a 5% market share. Its trademark was the use of carabao milk as base, comfortably within the 5-16% fat content requirement to be called ice cream because carabao milk contains considerably more fat than cow milk (9. 65% as opposed to 4. 16%). Only the expensive ice cream (super deluxe and super special) of Arce contain carabao milk, and are priced at higher than the rates of the competition, showing that Arce’s main strength is its appeal to the AB market where its products cost P3-5 more than its competitors’ products, and as its regular ice cream products are priced lower than its competitors by P3-5 which indicates its attempt to appeal to the CD market’s tendency to want every peso to count. Coney Island – 1976 saw the entry of Coney Island in the local ice cream market. It introduced a new standard of creaminess thanks to its products’ high milk fat content, setting a standard for flavour richness back then. Purefoods acquired it in 1991 and increased its production capacity without having neglected the improvement of its quality. In line with Pure Food’s rule of following the highest international standards, Coney Island tried to implement the zero-vegetable fat and at least 10 percent milk fat standard of US ice cream. It used high quality ingredients like Callebaut chocolate from Belgium for its top-of-the-line products such as the Premium Bar, Pure and Simple and Bugs Bunny Bar. It repositioned itself in the market in 1995 to improve local competitiveness. It marketed its products as â€Å"Not Just Ordinary Ice Cream†, supported by new flavours and packaging. Coney Island revised its product classification, and began categorizing its bulk ice cream as simply creamy, fruit and nuts, and cakes and pastries instead of the traditional premium and super premium. This move was inspired by a study that showed that consumers buy ice cream on the basis of flavour concepts. Foreign Brands – Foreign include Haagen-Dazs, Dreyer’s Grand Ice Cream and Baskin-Robbins. Dreyers was the first to penetrate the local market.

AIDS, Condoms, and Carnival

AIDS has proved to be among the most serious challenges to mankind’s health in the 21st century. Given its devastating effect in Africa and the fact that a cure for AIDS is still far removed, governments across the world made the fight against the disease their priority.Innovative methods are observable in Brazilian and Indian societies where authorities act in line with or opposing cultural patterns. Thus, in India the government successfully taps local barbers to talk about AIDS to their clients, reinforcing their sense of worth and respect as folk counselors.Love of movies offers another vehicle for marketing condoms. In Brazil the anti-AIDS campaigners come to grips with machismo of the local men who leave women with little bargaining power to insist on the use of condoms.The efforts to market condoms to population have proved effective, raising awareness of AIDS dangers and role of condoms in prevention of the deadly infection.The US situation is vastly different from tha t of Brazil and India and thus requires different marketing methods. The absolute majority of Americans have no financial problem with buying condoms, and women have a lot more clout to insist on their use.At the same time, sex out of marriage is less of a sin in the liberal American culture, especially among younger generation, which makes it easier for person to have multiple partners.As for campaigning, Americans are less prone to believe things they see on the screen or hear from a counselor, since in the culture of excessive marketing people at a certain age develop a sort of immunity to public messages. For this reason, Brazilian and Indian methods would not work as well for the US.London International Group correctly focuses on its role in the prevention of AIDS. To strengthen this message, the company could launch courses at schools or colleges that would include just a few sessions, promoting the knowledge of the infection and the way condoms can fend off the danger.Alterna tively, the company can sponsor the production of documentaries about AIDS and its victims.Case 4-7. AIDS, Condoms, and Carnival.

The Ultimate Gift

The Ultimate Gift Free Online Research Papers I have seen a lot of movies with different plots, themes and meanings, but the â€Å"The Ultimate Gift† film by stood out among the others. It had a very special plot and took me a while to fully understand the meaning the film gave. The movie began with the funeral of Red Stevens, a very wealthy and successful entrepreneur. But it was interrupted by the loud engine of his grandson that showed up late, Jason Stevens. Jason a self centered person who has no respect for himself and his family. He was born with a silver spoon in his mouth and never had to work for anything in his life. Jason has a lot of hatred toward his grandfather because his father died in a plane crash working for Red and Jason blamed it on him After the funeral, the relatives of Red Stevens gathered in a room to hear the will and what they would receive. Red Stevens had four children, a daughter and three sons, but one of his sons, the father of Jason, died in a tragic accident. The lawyer reading the wil l is Red’s best friend that he met fifty years ago, Mr. Hamilton. As Mr. Hamilton began to read the will, the children of Red were anticipating receiving complete ownership of their fathers businesses, but were shocked to hear that they were only given salaries, not ownership. After hearing the disappointing news, they barged out of the room frustrated. Then once again, Jason shows up late to hear the will. Mr. Hamilton haves everybody in the room leave besides Jason. He tells Jason that his grandfather has a very special gift and plays a video of his grandfather. His grandfather tells Jason that he has been given everything and is taking the important things in life for granite. Red has set up a series of challenges for Jason; each challenge should teach him twelve very special gifts that will lead to the ultimate gift. The first gift that Red wanted Jason to learn was the gift of work. Since Jason had to never work a day in his life, he was sent to Texas to help one of Red’s friends, Gus, to help do some work on his ranch. When Jason arrived at Gus’s house, he thought it was a waste of his time. There was no TV, no cell-phone service and nothing but open land for fifty miles. The next day Gus woke up Jason at five o’ clock to begin his work on the ranch, but Jason called him crazy and went back to sleep. That was probably the first time he woke up that early in his life. When Jason finally got out of bed and got dressed in work clothes, Gus drove him out in the ranch to plant post. Gus showed him how to plant the post and told him they had to be even and eight feet apart from each other. When Jason finished setting up all the post he would be finished and will receive the gift his grandfather had for him. The first few days Jason did not work. Then Jason realized that maybe if he did the work he was supposed to do he would receive the gift. So Jason decided to plant the post. When he was finished, Gus came to see how he did. As soon as Gus saw the post he pulled them out and told him to do it again because the posts were uneven and not eight feet apart. Then the next day Gus walked down stairs to have breakfast and he sees Jason finishing up his plate. Gus was shocked to see Jason awake before him. After breakfast Jason was determined to the set posts correctly. He did not stop working until he finished the job which shows that Jason has the capability to accomplish his goals if he applies himself. After Gus sees Jason’s finished work on the posts he congratulates him and told him he was finished here. Gus drove Jason to the airport and as soon as Jason got out of the car he asked Gus for the gift. Gus laughed and drove off. Jason returned to Mr. Hamilton’s office and watched another video of his grandfather. The video told Jason that you can do anything if you work for it. After the video he started to complain that he had to physical labor and received nothing for doing it. After learning the gift of work Jason asked Mr. Hamilton what his next challenge was and he told Jason that he would find out. The next day Jason drove in the parking garage of his apartment. He went up stairs, opened his door and saw that everything inside his apartment was gone. He ran downstairs and saw a tow truck towing his car away. Jason went back to Mr. Hamilton’s office and watched the next video from his grandfather. His grandfather said that he was the life of the party but he had no true friends. Mr. Hamilton told Jason to come back at the end of the month with one real friend and he would learn the gift of friendship. One night, Jason took out his girl friend to a very nice restaurant for dinner. When the bill came Jason gave the waiter his credit card. The waiter came back and told Jason that the credit card was rejected. He shrugged and pulled out another one of his many credit cards to pay the bill. But the waiter came back again and told Jason the same thing h e did before. Realizing that he couldn’t pay the bill because he was broke, Jason asked his girl friend to cover this dinner. She looked at Jason and felt insulted that he asked her to pay the bill and left. After dinner, Jason started calling his fake friends for a place to stay and some money, but everyone ignored him and hung up on him. Later that night Jason went to his mother’s house for a warm place to sleep. When his mother answered the door she denied him a place to stay because she was told not to. Jason wondered around the park and had no other option but to sleep on the bench in the park. The next day Jason met this little girl named Emily and her mother and acted ignorant towards them. He asked them if they could be his friends for a while to help him out and in return he would take them to Disney World. Emily called Jason pathetic and left. Emily and her mother return to the par the next day to eat lunch, but they were disturbed by a homeless man. Jason s ees that the homeless man is harassing Emily and her mother, so he gets the homeless man to leave them alone. In return for helping to get rid of the homeless man, Emily and her mother invite Jason to lunch. During lunch they talk about Jason’s the challenges his grandfather has arranged for him to receive his part of the will. He tells them that he needs a true friend to come with him and they agree. Emily and her mother go with Jason to Mr. Hamilton’s office. Mr. Hamilton was shocked to see that Jason has made a friend. After the meeting Emily told Jason to meet her at the same time tomorrow for lunch, but he laughed and walked away. Jason didn’t want to be friends with her; he used her to get him through to the next gift. The next video that Jason’s grandfather talked about was the gift of money. Jason was given a bill for the work he did on Gus’s ranch and he was to spend it on someone with a real problem which is also the gift of giving. Jason goes out and heads to the park planning on giving some of his money to the homeless man that wonders around there. But when Jason finds the homeless man, he runs off and drops a women’s purse. Jason goes over and looks through to see who it belongs to. He finds out that the purse belongs to Alexia, Emily’s mother. While looking through the purse Jason saw bills that are from the apartment rent for large amounts due. So Jason went to the hospital to return her purse. He asked around for her and was sent to Emily’s room. Jason walked in and saw Emily and noticed that she had a cancer because she had no hair. Shocked to see Emily with no hair, he placed the purse down and left the room. Leaving Emily’s room, Jason ran in to Emily’s mother. She asked why Jason was here but she saw the look in his eyes and new that he saw Emily. Jason asked what was wrong with Emily and Alexia told him that she had leukemia. Jason offered to help her pay their bills but she didn’t want his help. But Jason decides to donate the money to Emily and her mother to anyway. This shows that Jason can think about others besides himself. Jason returns to Mr. Hamilton’s office and ask to see the next video of his grandfather right away. Mr. Hamilton plays the video. Red tells Jason that he should get the whole family together for Thanksgiving dinner for the gift of family. Red also says the best way to solve a problem is to confront it and the problem Jason has is his family and Jason will learn the gift of the problem. Jason immediately denies doing it but he has too. Instead of going by himself to Thanksgiving he decides to ask Alexia. He goes to the hospital and finds her there. They started to talk and Emily’s mother said that someone paid her bills. She knew that Jason paid her bill and she told him thank you. That simple thank you she gave to Jason is an example of the gift of gratitude. Then Jason asked her to join him at Thanksgiving but she told him no because she wanted to spend the holiday with her daughter. Later that day Emily and her mother are reading in the hospital until Emily saw the s mirk on her mother’s face and asked her what was on her mind. Emily guessed that her mother was thinking about Jason. Her mother told her that Jason invited him to Thanksgiving dinner with his family but told him no because she wanted to spend it with her. But Emily wanted her mother to spend Thanksgiving with Jason and made her go with him. So Jason and Alexia went to Thanksgiving dinner at Jason’s uncle’s house. During the dinner all the family talked about was money and who has the most. Jason grew tired of hearing his family and there selfishness and left. He realized that his family will never care about anything else besides money. To solve the problem in his family, Jason tells them that they are all pathetic. Another video is played for Jason. Red talks about learning and how Jason needs to learn to learn, he doesn’t know everything. There are more things in the world to learn besides knowing how to spend money. So Jason decides to visit a library that his grandfather owns in Ecuador. He flew down and met up with a tour guide. The tour guide took him to the village where the library was and Jason entered the library and started reading. Later that night some of the village people invited Jason to a bond fire in honor of Red Stevens. They shared stories and laughed most of the night. Jason learned the gift of laughter at this bond fire and learned how it feels to have a fun time without spending money and being surrounded by fake friends. The three gifts that Jason learned are the gift of love, laughter and the gift of the day. The best example I saw during the movie when Jason expressed these gifts was the day he dedicated to Emily. Jason grew very close to Emily and Alexia over the months. Since Jason missed Christmas because of some series of unfortunate events, he wanted to make it up to Emily and Alexia. He flew Emily and Alexia out to Texas for a surprise. When they got there, they drove to Gus’s ranch to see his yard covered with snow and his house lighten up with lights. During the day Jason did everything that Emily wanted to do. One of the activities that Emily did was go horseback riding. While horse back riding Jason told Alexia that he didn’t know that Emily liked horses. Alexia started to cry and said she doesn’t like horses; she’s the one who does. This touched me to see a girl of her age show so much love and unselfishness towards her mother. Later that night, Jason and Emil y were sitting on the couch by the fire talking. Emily told Jason that she wanted her mother to have someone after she passes away and wanted Jason to be that someone. Jason then asked Emily what her dream was and she told him that her dream was to have a perfect day and that she was just finishing it. Even though Jason didn’t have any dreams for himself, he helped someone who really needed it to complete their dreams and make the last day of her the life the best day. Emily dies the next day in the hospital of her cancer. Jason felt a lot of pain when she passed because that was his best friend, his real friend. She accepted him as a friend for who he is, not the number of credit cards he has. At the end of the year Jason came in to watch the last video of his grandfather. Red told Jason that he was sorry for everything he has done to him and hopes that what he learned over the year will help him live a more spiritual life. Red tells Jason good bye and that’s the last Jason will hear from his grandfather. At that moment, Jason felt bad that he acted like a moron towards his grandfather and wishes he could take it back. Jason shows the first sign of love towards his grandfather when he cries at the end of the video. As said Jason would receive a prize if he succeeded his grandfather’s challenges. Mr. Hamilton gave Jason an envelope; Jason opened it, and found a one million dollar check and was given control of his entire grandfather’s estate. Jason decides to build a cancer center for those who are diagnosed with cancer. He called it Emily’s home. All the gifts that were taught equal up to answer the question what is the Ultimate gift. The answer is that there is no correct answer; all the gifts are needed to live with a complete soul. Research Papers on The Ultimate GiftThe Masque of the Red Death Room meaningsBook Review on The Autobiography of Malcolm XNever Been Kicked Out of a Place This NicePersonal Experience with Teen PregnancyHarry Potter and the Deathly Hallows EssayWhere Wild and West Meet19 Century Society: A Deeply Divided EraThe Fifth HorsemanTrailblazing by Eric AndersonQuebec and Canada

Scalet Moby essays

Scalet Moby essays The two authors Herman Melville and Nathaniel Hawthorne share much interest in both their stories. They both have examples of the dark side of human nature and the complexities of human psychology. Also some of the characters in their story get alienated, also some have distortions in their ego. They both have many examples of these in their stories. In Moby Dick, Melville used Captain Ahab to show the dark side of human nature. I (Ahab) will wreak that hate upon him. (Moby) Talk not to me of blasphemy man; Id strike the sun as if it insulted me.(Melville 237) This shows Ahab expressing his dark nature toward the white whale Moby. Now in The Scarlet Letter, Hawthorne uses Chillingworth to show the dark side of human nature. I shall see him (Dimmesdale) tremble. I shall feel myself shudder, suddenly and unawares. Sooner or later, he must needs be mine. (The Scarlet Letter, 52) Chillingworth indeed shows his evil by going after Dimmesdale like that. It is almost inhumane to have that kind of hate toward someone. The complexity of human psychology basically means why do people do the things they do. Vengeance on a dumb brute!(Melville, 237) Starbuck, Ahabs second hand man says this toward the captain. He wonders why Ahab goes after something so dumb and unimportant when he can easily be rich by going after the whales that are easy to capture. Hester Prynne is used in The Scarlet Letter to get Hawthornes point across. Resumed the symbol of which we have related so dark a tale. Never afterwards did it not leave her bosom.(The Scarlet Letter, 179) The symbol of which Hawthorne is of course the letter A which Hester wore to show she committed the crime of adultery. In the end of the story she has the chance to not wear the letter any more and start over again. But she keeps wearing it in public showing people of her crime. This is very strange for a human to...

Concert review Essay Example | Topics and Well Written Essays - 500 words - 1

Concert review - Essay Example What I experienced was not what I had expected. Upon first entering the concert I was immediately shocked by the people that I saw there. I had expected a lot of people that might go to a rave. I had expected that there might be a great deal of drug use among the concert goers. However, this was not the case. The person that felt the most out of place at the concert was defiantly me. I had quickly chosen my wardrobe for what might be co considered appropriate dress to a rock concert or any other form of traditional pop music concert. I had on jeans, a flannel shirt, and flip flops. However, the first thing I realized is that I was severely under dressed. Most of the concert goers I was greeted with had business or formal attire. As such, the concert provided a level of sophistication that my stereotypes had not predicted. Likewise, when the music started I was also surprised. I had expected driving beats and searing electronic sounds that categorized â€Å"techno† music as I understood it; however, what my ears were greeted by was anything but that. The DJ worked to mix the melodic female vocals with a variety of themes; none of which relied exclusively upon the driving bass that I had previously incorrectly labeled the performance. Likewise, the music was not what I would categorize as dance music. Due to the emphasis on melodic/upbeat lyrics, the music gave an ethereal quality to the experience; doubtless this is one of the reasons why the genre is called â€Å"trance†. In this way, I cannot say that I hated the style. Although it was something that I was not used to, I found myself enjoying the progressions and positivity that the music engendered. Furthermore, due to the dream-like state that the music induces, it was a shock to me when I realized how the time had flown by and it was already time to go home. If there was one thing that I could change about the concert it would

Employability Assignment Example | Topics and Well Written Essays - 1500 words

Employability - Assignment Example In the present scenario, there is no such situation where there is an elongated job for life. This means that it may not be possible for an individual to generate long-term contract with an organisation and in the meantime an organisation cannot expect an individual with loyalty and dedication towards the job. In the past scenario, there was a long-term commitment between an individual with an organisation. However, at the present time there is a chance for an employee to leave an organisation after a few months notice and may get appointed in the competing organisation (Senyucel, 2009). The commitment, motivation and job satisfaction of an employee are closely related which may result in increase in employee’s performance level. The trust, bond and commitment that were present between individuals and organisations have become weak in present scenario. The bond can be created by the human resource management itself by making inner investment within an organisation. Employees e xpect that their employers should consider them as one of the valuable assets of an organisation. Nowadays, employees expect the employers to invest on their training and development and for this organisations want the employees to be creative, flexible as well as productive (Senyucel, 2009). The psychological agreement between organisations and employees provides no benefit to employees because there is no enduring job security for them and organisations are continuously changing the conditions of employment. As there is huge competition, the employees are looking for better opportunities in order to develop their knowledge as well as skill. Organisations in present condition, at times hire an individual on a short-term basis. As a result, there is no employment assurance for an individual. The organisations are incapable of fulfilling the psychological contract as demanded by an employee due to various reasons. The training and development as required by an employee from an organi sation requires both time and resources for conducting such program. An organisation has less time to allocate the entire resources for the programs for employee. To fulfil this need, other employees need to be allocated in place of one who undergoes training program, but it seems to be quite difficult because hiring of new candidate for short-term is required and as a result more wages have to be paid to increased number of employees. Therefore, the psychological agreement seems to be unable to be fulfilled by an organisation (Senyucel, 2009). Change in the nature of work also has an impact on the older generation people. A few individuals prefer to leave the job due to physical activities whereas the others remain in the job. According to a report published by Richard W. Johnson, in the year 2006, employees faced various types of job demand. Only 7% of employees were interested in physical activities related work. Nonphysical works were in high demand among the individuals. 35% em ployees were employed in the job which requires high cognitive skill. Use of computer has become significant for performing the job. 18% of employees need relevant skills as well as knowledge and interpersonal skill has become vital for 34% of jobs. In present jobs, stress has become a common aspect. About 9% of employees are involved in stress related to conflict

International Investment In China Essay Example | Topics and Well Written Essays - 2500 words

International Investment In China - Essay Example However, associated with these opportunities are also risks confronting the businesses in the context of international investment. This essay primarily encompasses the direct investment concerns in the international business spectrum and also presents the case of Shell plc as an example of UK's direct investment in China. There has recently been an increasing trend on the part of the multinational corporations from the developed world to enter into trade and investment with emerging economies of the world. There happen to be several factors responsible to induce the foreign companies to invest in less developed or emerging markets. Samli and Kaynak (1984) refer to the concept of emerging markets as similar to less developed countries characterised primarily with agriculture based economy, high population growth levels, lower income levels, low literacy level, lack of substructure, and lack of capital etc. China is also one of the emerging economies of the Asian world, which is speedily climbing the ladders of economic progress and prosperity through a remarkable growth in various industrial and economic sectors. The recent rapid economic boom in China and open market policy has projected the country's image in the world as an attractive market for international investment (Sun and Chai, 1998). ... Chinese government and financial environment purposefully support and encourage multinational companies to enter the market so that it can affirm the consistent progress of the Chinese economy (Zhao, 2003). In the same vein, several UK companies having identified and analysed the opportunities in the Chinese market are making direct and indirect investment in the country that brings foreign reserves to the country as well as happens to be profitable for the these corporations. Huaning and Colin (2004) refer to the United Kingdom as the pre-eminent investor in China during the recent years among all the European Union countries. Case: Shell's Investment In China Shell happens to one of the major investor in Chinese market. In the year 2002, it entered the oil market of China with an investment of 255m (FT.com News, 2002). The company further expanded its business activities in the country and recently the company confided to a project concerning coal exploitation in a joint venture with a Chinese partner with a prospective investment of about 2.7b, probably the largest ever investment received by the country (FT.com, News, 2006). In this way, Shell plc invested in the Chinese market by way of direct investment. The increasing interest of Shell plc in the Chinese market is reflective of the investment attractiveness of the country with regard to its inexpensive labour, growing economy and surging demand. Determinants And Merits Of Investment By UK Companies In China Changhong and Weili (2002) propound that there happen to be two significant forms through which the multinational corporations invest in a developing country viz.

Juvenile delinquency Essay Example for Free

Juvenile delinquency Essay The controversy surrounding the extent and causation of delinquency would be eliminated if a uniform meaning could be attributed to the term delinquency. This word however is not used in a uniform manner not only among individuals but also consistently by a single individual. Juvenile delinquency means and represents many things to many individuals. To the police, a delinquent juvenile may be an underage criminal; to the school authorities, the rude boy who smokes in the washroom may represent delinquency. To parents, other peoples children who are uncontrolled are termed as delinquents while to the storekeeper, the gang of boys who loiter around may be their conception of delinquents. Even social workers and experts who work with children lack agreement on the limits of the concept. In some sectors, authorities discuss delinquency as emotionally disturbed behavior while others refer to persistently anti-social behavior. Some researchers on the other hand have defined it as a disappointing behavior beyond reasonable expectation. This confusion with regard to the meaning of delinquency is a problem that naturally emanates from any attempt to satisfactorily define, in less descriptive sentences, a kind of social problem which is neither legal nor behavioral (Roucek*). Any definition which works for the agency, school or neighborhood is right in its own context as any other definition. However, the numerous assortments of behavior that have been referred to as delinquency do not entirely differ; they only vary in their range. While functionally, a youth who is not liked by the neighbors may be termed delinquent in that particular neighborhood, it is within the law that the meaning of juvenile delinquency finds its ultimate basis. The legal foundation of juvenile delinquency can be traced back to the development of legal philosophy which exempted children from guilt for criminal acts. Even though the distinction between adult and child is a very old concept, the idea of juvenile courts and separate custody for young violators is a relatively new phenomenon*. Children under the age of seven years were deemed incapable of criminal acts in Roman law. This has extended to the present period. Throughout the development of criminal law in the United States, childhood has acted as defense to criminal liability. This was founded on the assumption that a child is not capable of men’s rea. The culpability of children between seven and puberty was further distinguished by the Romans, and later the English, with the assumption being that children within this category are not capable of crimes unless there was sufficient evidence presented that they did comprehend the wrongness of their action. An early New York statute followed this policy but was later extended to fourteen and again to sixteen. Presently, all states have increased their maximum age limit beyond puberty. The most popular age limit of childhood is eighteen, sixteen, seventeen and twenty one in that order. The pioneer court legislation of the State of Illinois is accredited with offering the first legal distinction of delinquency from crime in 1899. The definition that was used during that time is still applied in the state besides serving as a model for many other states. According to this definition, the words â€Å"delinquent child† means â€Å"any male child under the age of seventeen years or any female child who while under the age of eighteen years, violates any law of the state; or is incorrigible, or knowingly associate with thieves, vicious or immoral persons, or without just cause and without the consent of its parents, guardians or custodian, absents itself from its home or place of abode, or is growing up in idleness or crime; or knowingly frequents a house of ill-repute; or knowingly frequents any policy shop or place where any gaming device is operated; or frequents any saloon or dram shop where intoxicating liquors are sold; or patronizes or visits any public pool room or bucket shop; or wonders about the streets in the night without being on any lawful business or lawful occupation; or habitually wonders about any railroad yards or tracks or jumps or attempts to jump onto any moving train; or enters any car or engine without la wful authority; or uses vile, obscene, vulgar, profane or indecent language in any public place or about any school house; or is guilty of indecent or lascivious conduct†*. Any child who commits any of these acts is deemed a delinquent child. Delinquency in this regard can be seen as any act committed by a child which would be a crime if committed by an adult. In this sense, delinquent behavior is restricted to violation of criminal law. The law however does not solve the differences in definition. Criminal laws vary from state to state even though there is an element of uniformity and specificity in their view of felonies. However, they are not very specific on their definitions of misdemeanors. This is just the start of the non-specificity that characterizes the definition of juvenile delinquency. From the definition according to Illinois law, a child is defined as any male under the age of seventeen or female under the age of eighteen. This age varies from state to state with the majority considering juveniles as boys and girls under the age of eighteen. In California, one may be considered a juvenile until he or she reaches the age of twenty one. In states such as Georgia, one ceases to be a juvenile after he or she attains the age of sixteen. However, majority of the states lack any clear demarcation as one may be prosecuted as an adult for more serious crimes before attaining the upper limit of juvenile status. In Illinois, an individual may be tried as an adult criminal after he or she attains the age of ten. In the United States, the states of New Hampshire, Oklahoma and Virginia lack an age range where there is jurisdiction of both juvenile delinquency law and adult criminal law. In the remaining states, there is variation in the duration of this period of dual jurisdiction. In Wisconsin and Indiana, it is sixteen to eighteen while in California, it is eighteen to twenty one. In law, delinquency is a much wide concept even though the terms are often used interchangeably in popular discourse. Delinquency encompasses all acts committed by a child which would be considered a crime is committed by an adult. It also encompasses a wide array of loosely defined behavior which legislators conceived of to be conducive to crime. The law on delinquency is thus designed to bar juveniles from growing into adult criminals besides dealing with crimes committed by juveniles. Any concept that lacks a definite definition such as delinquency cannot be adequately measured. However, statistics on delinquency are compiled on local, state and national basis. When appraising the significance of such statistics, much care should be taken. Several things can be implied when referring to the quantity of delinquency in a particular area or in a given period of time. One may mean the number of juveniles; say ten to seventeen years of age, who have violated particular standards of behavior which also may not be precisely defined. Again, a reference may be made on the number of such youth who are detected in such behavior. It may also mean the number of cases that have been handled by the official agencies and finally, it may mean the cases that have been formally heard by a juvenile court and adjudged delinquent. In the United States, the most commonly cited statistics on delinquency refer to the court cases which is the narrowest category of delinquents. The Juvenile Court Statistics which is published yearly by the Childrens Bureau of the United States Department of Health, Education and Welfare contain these statistics. The compilation begun in 1923 and has undergone drastic alterations and revisions over the decades. It contains reports on the number of youth’s adjudicated delinquent and is founded on a tabulation of separate court judgments in a particular year.

Growing Up: The most Meaningful Lesson :: Virtue Upbringing Virtues Paper

Growing Up: The most Meaningful Lesson As I was growing up, I was constantly taught how I should treat others as well as how I should present myself. It was difficult for me to comprehend the importance of these concepts, but I always knew that obtaining these types of qualities was going to lead to pleasing my parents. It was later on in my life that I understood that these aspects were known as virtues. Virtues are valuable qualities of life to which everyone should aspire in order to live a more rewarding and joyful life. It is important to achieve as many virtues as possible while growing up, because having virtues is the core essence of peace and satisfaction. Throughout the process of maturing, every person must choose the virtues that he or she desires to represent his or her life. According to a book titled Friends of God: Human Virtues, by JoseMaria Escriva, there is not one virtue that is more important or superior than the rest. This is proven when she states, â€Å"It is not a matter of practicing one or even a number of virtues. We have to acquire and to practice all of them. Each individual virtue is interwoven with the others and thus our effort to be sincere will also make us upright, cheerful, prudent and composed† (Escriva 76). All virtues play an important role in a person’s life, and all virtues have certain benefits for achieving them. As one gets older, and advances in life, he or she will come to realize that virtues are the roadmaps to a more righteous life. The absolute control of one’s emotions, desires, or actions is the virtue of self-control. Although the greatest outcomes come from achieving this virtue, self-control is very hard to achieve due to the fact that it must be achieved completely upon one’s own w ill, and that it takes a lot of practice and time. There are many temptations and luxuries of life that limit our powers on having absolute self-control over our bodies and minds. One of the greatest examples of this virtue is Siddhartha. Throughout his childhood and into his teenage years, Siddhartha had a strong grasp over his mind and soul. He meditated and had a great desire for knowledge and wisdom. He knew how to fast for great periods of time and practiced self-discipline so frequently, that it became effortless to act accordingly.

Informative Paper Essay

Introduction I. Attention-Grabbing introduction: Staple center, Los Angeles, California. Friday November, 4th 2013 1:24PM The Championship match. After a weekend full of ups and downs, twist and turns it all comes to this. 1 week earlier, the previous Friday thousands have flown down to the heart of it all. Crowded around the event hall doors, people everywhere, spectators itching to get the best seats. Players going over in game builds, timings, and strategies just one more time until the doors finally open. 8 teams of 5 players to a team were seated into the week long tournament and now only two remain. Royal Club and SK Telecom are season veterans of League of Legends and now they sit on opposite ends on top of the world championship main stage. Ready to compete head to head for the grand prize of 1 million dollars in front of 1000s right there in Los Angeles and millions watching from all around the world. II. Topic: These millions from around the world have emitted their love for gaming into a hugely popular phenomena known as Electronic sports or better known as of E-Sports. Viewership has seen explosive growth in 2013 and is still growing with no sign of deterrence. Now with the integration of technology into our culture a new type of athlete has risen. One that doesn’t achieve victory heavily based on the bronze that is armed but with the critical thinking and reflex of the mind. An outsider might find this such a concept laughable but these pro gamers are far from any negative stereotypes you may have. III. Ethos & Audience Adaptation: My name is Jonathon Allen and I have been a fan and member of the E-Sports community for nearly a decade. I have had opportunities to play professionally at the MLG North American Regionals in Columbus and New York  in 2012 which I have placed 2nd and 3rd in out of 30 teams. Over the years I have also conducting extensive research on E-Sports ranging from players and teams to the technology side of running and mending events in the industry. E-Sports can be a lot to digest for someone looking in for the first time so I’ll explain exactly what and how big E-Sports really is including the potential E-Sports has to expand and grow. Before we go any further I’d like to present this video to visually show you exactly what E-Sports is and most importantly what it feels like. Visual Aid! Body I.This is E-Sports, competition at its finest. Players competing for cash prizes ranging from thousands to millions. Top players make 6 figure incomes and are even sponsored by big corporations such as Monster, Intel, Redbull, Asus, and Kingston. Pro gamers are locked into head to head combat in games like League of Legends. A DOTA-MMO style game that’s played as a team of 5 people VS 5 people. The object of the game is strategizing on how to win by taking the enemies base while leveling up and generating gold. Most games usually last around 40 minutes. II.You may ask; why would someone watch someone else play a video game? That’s simple; the excitement from watching others play video games stands as the same excitement we get from watching other athletes perform at sports such as football. T.J. Heffer from PC gamer Magazine states â€Å"What makes any competition interesting is watching very skilled individuals struggle for victory in a setting where the outcome is uncertain and the moment to moment back and forth keeps you on your toes.† Heffer continuous â€Å"Rather or not you want to call them sports they showcase people with amazing critical thinking, planning, and decision making skills and frankly inhuman reflexes as well. The level of professional level in a game lie League of Legends is mind boggling.† Professional gamers put their heart and soul into the game. They have drive, passion, hard work and dedication just like any professional athlete you can think of. III.As I’m assuming E-Sports may be alien to many of you but in nations like South Korea games such as StarCraft have already become something of a national sport. Paul Tassi of Forbs Magazine said â€Å"Overseas, top players are treated like professional Athletes.† Though South Korea has become atoned to the notion of playing games professionally North America believe it or not is where the biggest interest for pro gaming lies. In North American E-Sports, leagues and organizations have risen and grown in the past 3 years. In of these leagues the biggest E-Sports organization is Major League Gaming or MLG. Founded in 2002 Major League Gaming features numerous tournaments in a year where various gamers fly out to major cities across the US like Columbus to compete. In MLG’s Annual Viewership Report for the 2013 season they reported 15 million unique viewers tuned into watch online during the 2013 season. As those 15 million viewers tuned in last year it’s clear that E-Sports has already landed a very stable footing into the hearts of Americans across the United States. But perhaps even more thrilling and exciting is the growth that E-Sports has already shown. Between 2010 – 2013 MLG has seen a 733% growth in viewership from 1.8 million to 15 Million. Comparing that to the NFLS record growth of 18% in the past 3 years that’s 715% more than the NFL. Let’s not down play the viewership of the NFL which has recorded a record of 28.1 Million viewers for their 2013 – 2014 season. But you start to understand thus to how much potential E-Sports has when MLG a company that’s only been around for 11 years has acquired a viewership of 15 million. Just a little above half of the NFLS record viewer count 28.1 an organization that has been around for nearly a 100 years. Conclusion With these statistics of expansion and with how overseas treats E-Sports like a national sport and with pro gamers possessing the same set of virtues that any professional athlete has along the millions around the globe that  already are a part of the community only drives E-Sports. It’s not really a question of is it, it’s really a question of when! When asked about where he sees E-Sports going and what to expect of the industry. MLG Co-Founder Sundance DiGiovanni in a position that puts him at the hell of the entire E-Sports industry told Forbs Magazine in 2012 â€Å"that in 5 years he expects E-Sports to be a globally recognized phenomena. A truly established global sport.†