Troy Has The Internal Clashes - Free Essay Example

Sample details Pages: 5 Words: 1422 Downloads: 2 Date added: 2019/10/30 Category Literature Essay Level High school Tags: Fences Essay Did you like this example? In Fences by August Wilson, Troy has the internal clashes of managing wild conditions. Racial isolation and bad form for him and his family play a major effect on his life causing a great deal of challenges for the family. In such a significant number of ways Fences is such a customary story, to the point that its capacity originates from the manners by which normal individuals hear and see it. Don’t waste time! Our writers will create an original "Troy Has The Internal Clashes" essay for you Create order There is no uncertainty however that the illustration of the fence wins, working its way crosswise over work, family, fellowship and the passionate torment of carrying on with an actual existence truly reliant on junk for survival. This is the thing that Wilson expounded on in his Fences of the 1950s. Everything considered, in any case, it doesnt take a great deal to put a portion of these pieces together once more to make its very own distinction story sorts of wall, wooden, social, monetary. Be that as it may, at that point or now, this story is still about the conventional fizzling of a man who cant make sense of how to escape the container that encompasses him and who along these lines winds up pulling others inside his own fenced in inconveniences and torments. Being a dark man wasnt simple at that point and it is difficult today. August Wilsons Fences was centered around the life of Troy Maxson, an African American man stacked with sharpness towards the world because of the cards he was overseen in life amidst the 1950s. In the play Troy was raised by an inhumane and cruel father, when he expected to twist up a Major League Baseball player he was dismissed because of his race. Troy even served time in prison since he was crushed and required money so he burglarized a bank and ended up killing a man. Troys life was unquestionably not straightforward. In the play Troy and his youngster Cory were encouraged to build a fence around their home by Rose. Normally discovering that divider are used in one of two diverse courses: to keep things outside or to keep things inside. In the play when Cory and Troy fight, Troy indicates Cory out of the house saying, Cory: Tell Mama Ill be back for my things. Troy: Theyll be on the opposite side of that fence. (Henderson) It is in this explicit section that Troy uses the fence physically to address the separating line among Cory and him, yet more expressly the energetic impediment hes put among him and his family. Troy grew up with a brutal father which makes his aggregate energetic carelessness towards his family predictable. In case the man that raised you trained you keep your energetic screen up even with your family, you would in all probability treat your family a comparable way that Troy treated his; with complete eager negligence and expulsion. The fence filling in as impediment could similarly symbolize Troy endeavoring to shield himself from feeling too significantly towards things which could end up astounding him or starting at now have. Regardless of being advanced as the principal black truck driver at his activity, he cant overlook how race shielded him from accomplishing baseball notoriety. Nonetheless, Troy can assemble a reasonable life for his family. Troy is a solid character; however his own shortcomings wind up devastating what he should esteem most, his family. All through the play, there is center around building a fence around the Maxson home; this fence turns into a similitude for Troy and different individuals from his family. While the play is set around building a literal fence, the true focus is on the metaphorical fence for each character (OReilly). For example, when Troy ended up enthusiastic about turning into a Major League Baseball player he endured extraordinary frustration when he was rejected due to his race. It was this life exercise that strengthened Troys childhood of enthusiastic negligence towards things he could develop to either need, love, or feel energetic about like his family and companions. Troys reasoning in building the fence was that in the event that you dont grow an enthusiastic connection to something, it cant hurt you, and he remained by logic till his passing. The fence additionally wound up emblematic of the obstruction Troy needed. Troy needs to manage numerous racial limits for an incredible duration. Despite the fact that he gets an advancement at work when he goes up against them on the shade of the truck drivers, Troy cant give up to the job that race has played in his life. He is reluctant to see that while things may not be immaculate, a few things have changed. Troy additionally sees the fence as an approach to keep somebody from taking what is his. He even undermines passing on the off chance that he crosses the fence. In the showdown, Troy says, Alright . . . Mr. Death. . . Im gonna take and build me a fence around what belongs to me. And then I want you to stay on the other side (2.2) Troy makes one more fence when he has an unsanctioned romance. The issue makes a limit with Rose and further extends the break among Troy and Cory. Disregarding all that Troy has continued through his life, the limits he makes inside his family keep him from really having the capacity to carry on with an upbeat life. Roses currently makes a fence that avoids Troy as much as possible. As it were, Troys unfaithfulness gave Rose an approach to get back her very own bit character. After Troys affair, Rose finds her strength in the church (OReilly) She enables Troy to remain, and when his paramour kicks the bucket amid labor, Rose brings up his tyke as her own. Be that as it may, she keeps on avoiding Troy as much as possible. In spite of the fact that she cant keep her family entire, she makes that best of her circumstance. When preparing for Troys funeral, it is Rose who forgiveness for Troy and to remember his good qualities (Overview). lan Nadel trusts that Wilson is putting forth a substantially more political articulation with the similitude of a fence. He sets up his contention with the attestation that. the idea of a fence is inextricable from the idea of property (Nadel). He proceeds in this vein, connecting property to people, connecting people as a type of property to the times of slaveholding. He at that point says that one of the human beliefs of opportunity was in possession; responsibility for. He expresses that in past occasions, Race or skin color was just such a fence. It served to separate blacks from humans, denying blacks the properties of humans and giving to humans property rights over blacks The boundaries were less clear, the fences less sturdy (Nadel). Nadel trusts that lawfully, the Dred Scott choice and the Fugitive Slave Law chose that property rights were all inclusive while human rights were neighborhood. The Mason Dixon line came about because of the Missouri Compromise and was disregarding the fifth change. Along these lines, Nadel states that, these laws and decisions mandated that the humanity of blacks be treated as a metaphor, while their non-humanity-their condition as property-be treated as literal (Nadel). The fence at that point, in August Wilsons Fences, as per Nadel, was the contradicting states of mind held towards blacks amid these occasions, that their opportunity was, not literal but figurative and that. Taking everything into account, Fences is a perfect work of art about an all-encompassing analogy about a Black family. A Black family endeavoring to discover a place for themselves in the late fifties and mid-sixties It is a play about Troy Maxson, who assembles such a significant number of wall around himself that he prevails with regards to estranging himself from everybody he thinks about and from the world that is quickly changing around him. Wilson demonstrates this all the more explicitly by Troys breaking down association with his child, Cory, and his better half, Rose. As Bono stated, Some people build fences to keep people outand other people build fences to keep people in (Wilson, 61 Troy Maxson manufactured them to disconnect himself and to keep out his loved ones the most. Despite the fact that Troy had the propensity for devastating his family in the state of better himself through his outer inconveniences. He did everything through the integrity of heart, in the best goal for his family. Not in the poetical of hurting him.

Safety Measures In Ships Free Essays

string(25) " fraction of their size\." Titanic making was completed around 1907. The enormous ship captured attention globally due to its complexity. From the remains that were found on the wreck ground it was observed that the ship had Artistic completely nurtured, three-dimensional features and objects, witnesses say that the Titanic was more than describable, in fact the right phrase applicable would be, beyond words and pictures. We will write a custom essay sample on Safety Measures In Ships or any similar topic only for you Order Now Unfortunately, the Titanic met with a fatal disaster in 1912. Titanic’s story has been narrated and re-narrated. Although it sank and got destroyed, the Titanic remains a great historical source of legendary and curiosity (Young 1912). To start the comparisons between safety measures in place then at the ones put in today it sounds appropriate to ask our selves, why does it take for a disaster to happen, to change policies, strategies or laws and regulations in regard to safety precautions. Since that accident, ship owners and authorities have pushed for further measures to be installed in all major cargo and passenger ships ( Paine ,1919). To begin with, let us scrutinize safety measures in the Titanic by looking at the materials that had been used in its construction. From the wrecks, it is seen that the Titanic was made of steel plates that had been joined by iron rivets. A comprehensive survey indicated that the pieces of steel plating of this ship seemed to have metallurgy lose of elasticity which highly facilitated Titanic’s brittleness in water, due to this reaction; the Titanic was left vulnerable to total indention and rupture (Winzy. com 2008). Further analysis found out that the steel had higher phosphorus and sulfur contents. Higher amounts of the latter are said to result to fractures and likelihood of cracks respectively. Research also noted that the steel lacked in manganese and this in turn might have caused the ship’s to loose on ductility (Eye witness to History. com, 1912). This might have been one area that the manufactures of the Titanic failed. Although innovation and technology had not developed as such, it is likely or rather apparent that these firm could have used better quality material had they known. The content of these constituent minerals in the main steel have been checked. Only high quality steel with less of these chemical content is used only now as a safety precaution. Another most likely defect or amiss in Titanic’s making could be the riveting concept applied (Lawrence 1929). Investigations say that they were more fragile than expected. Slag residues found in them again could have led to the ship’s breakdown at that rate. In new ship building industries today only the best quality of rivet material is used. The number of rivets holding the steel plates together probably might have been smaller which in turn made the fracturing of the legendary Titanic even faster. Although, the building process might have seen small mishaps and setbacks, I believe more could have been done if proper studies and research had been done. Reports later on alleged that the ship building company had shortages in skilled and highly competent riveters. Mostly the riveting was carried out by hand, another aspect that might have jeopardized Titanic’s safety (Titanic Facts, 2008). However, the scene today has completely changed and everything is now mechanized: from the initial processes to the finished product. Today’s rivets are steel made which is contrast to earlier iron ones. Evidently, steel is stronger than iron which convinces of a compact and strong structure. Next point to be considered is the electronically of the Titanic as an effort towards ensuring safety, the radar in particular. Although investigations indicate that the radar was not too small, for the Titanic’s size, it design had less to be proud of or even to be associated with. In relation to Titanic’s size there were other bigger radars in comparatively average sized ships. Scrutinizing this citation, the radars capability to view far distance was lower. This could be given as the reason why the captain and his crew members might have seen the iceberg that caused Titanic her life. With advancement in technology, the extent to which radar power has gone is indeed tremendous. Their ability and scale of efficiency is even further boosted by satellite installations in today’s ships. Recently made radars can view ship obstacle from a very long distance and with satellite signals facilitating warning in good time. Moreover, in Titanic’s manufacture, the builders might have minimally concentrated on or given little thinking about how the ship, of eight hundred and fifty two feet in length could make a turning incase of an emergency or particularly to avoid collision. Perhaps in addition, the most deadly occurrence to Titanic’s design might have been her screw engine arrangement which was in a triple configuration. Also constituent were reciprocating engines run by steam which in turn drove the propellers. A turbine ran her middle propeller. Problem seen was that the reciprocating engines were reversible while the turbine was not. It is also apparent that, when Titanic’s First Officer, ordered for a reverse to the engines so as to avoid hitting or colliding with the iceberg, he handicapped or better said sabotaged the ship’s turning ability( Cynthia, 1996). This resulted to a halt simply because; the centre turbine could not reverse as the ship was cruising at full speed. In fact, the lock hampered the ship’s tendency to maneuver. This century has seen a lot of developments put into ensuring that the engines perform at maximum potential at all times. Ships of the moment have propellers that move in all directions. Titanic’s failure seems to have sent a lesson that fortunately appears to have been well learned. That fatal tragedy served as an eye opener (Robertson, 1991). Further more facing the fact that the middle propeller had been placed in front of the rudder, its effectiveness seems to have been cut down. Compared to Canard or Lusitanian rudder design, Titanic’s was just a fraction of their size. You read "Safety Measures In Ships" in category "Papers" This could have hampered its functioning. Those could have been the technical aspect of safety that lacked. Looking at the physical safety precautions, the magnitude of the disaster might have increased due to the outgrown or rather rotted lifebelts that did not work. Today safety belts are changed regularly and checked to ensure that they are functioning properly. The life boats also had little to help even though they presented a safety assurance. To dissatisfaction, these too did not function successfully (Blackwell, 1912). It was evident that they carried fewer people than they were supposed to. As a result, many people out of fear, panicked and disorder took centre stage. Saving became even harder due to commotion and distress. The fire equipment was faulty and unmanaged and the crew in control acted lazily. The obvious reason of course that badly impacted on the Titanic was that they had never encountered a fire drill before. Critics though feel that the owners of the ship and their policies caused the worst to happen (Mow bray, 1912). They particularly think that these owners were interested only in making profits at the expense of safety and even the priceless human life. Passengers more often were asked to sign warranties that indicate they were at own risk. So, this forced a large number of them aboard to even jump out of the wrecking ship. It was dangerous trying it but worth than just waiting for the unexpected. From the safety equipments to the team, there was a shortage and redundancy to reaction immediately the Titanic’s hull hit the iceberg. The nature of compartments made it impossible for passengers to quickly access the exit. Overconfidence is another aspect that negatively affected their safety reaction. There was belief that nothing could even destroy the Titanic (Lord, 1956). In the happening of the accident, it seems that safety courses had not been established and reading of signs not upgraded or even widely known among the water means users. A lot ought to have been done; the California ship nearby, could have helped but they rather turned off their wireless since they did not know the meaning of the lamp signal. Comparing with water transport today, the industry has grown very much in deed. Sinking and wrecking of the Titanic is a factor that led to a follow up of what the maritime body has achieved. It is now eminent that practices, sea traditions and culture, and design of ship building have been considered to correct the fault done earlier. Among the changes established initiated include; the International Ice Patrol to check out and clear existing and forming icebergs, new rules and regulations on lifeboats and safety belts and the twenty four hour surveillance on passenger ships. Today, the stability of ships afloat has improved, the longer it can float in the wake of an accidence the easier it gets for successful rescue and evacuation. Ship operators just put roll-on-roll-off ferries. In addition vessels must be compliant to regulations under voyage issues. Shipping companies have gone even further to catering for personal safety in ships today. With other safety fears emerging like hijacking and terrorism, security to ensure safety has been beefed up-thousands of people in America sail onboard everyday, the ships could be targeted by terror groups. In bids to ensure that this does not happen, the United States in conjunction with United Nations have imposed very strict and straight forward maritime regulations, policies and laws(George ,2008). This are meant to protect the passengers onboard. United States has created the Maritime Transportation Security Act (MTSA) and the International Ship and Facility Security code (ISPS) which are part of the International Maritime Organization (IMO) which is in turn a constituent of United Nation (US coastguard, 2008). The International Council of Cruise Lines (ICCL) indicates that the regulations on security laws require ships, governments and port facilities to access or acquire formal screening measures, security plans, waterside rescue equipment and effective communication in existence between the ports and the ships. The measures are meant to ensure safety of passengers from terrorist attacks in the middle of the sea or at the port. Other measures categorically focus on mechanical and reaction to fire problems. Rabaska, 2008) The IMO has taken the mandatory to step in and consult in terms of ship design, operation and construction. The Safety of Life at Sea (SOLAS) which was initiated after the destruction of the Titanic in 1914 has today been updated over time. The resultant is drastic changes in ship building and technological aspects of the latter. ( Cox ,2003) SOLAS is concerned with matters in regard to ship water tightness, communicational links, navigation capability, fire prevention, l ife-saving techniques and transport of people, cargo and dangerous goods. Ship crews are now trained on how to respond incase of an emergency. Apart from numerous regular serviced lifeboats, life-jackets are also in plenty to assist persons incase they are forced to swim. (US coastguard 2008)Most recommendable efforts though have seen ship personal safety pushed to further scrutiny of personal health. Due to rising cases of noro-virus, ships have actively played their role on carried out sanitation programs. Despite its efforts, the ship personnel is not always competent in effort towards controlling codes of behavior and so, it has emphasized to its passengers on trying to concentrate on their personal hygiene. Another thing that ships have done is the installation of security cameras. These surveillance gadgets monitor all ship compartments and if any passenger is found violating given rules they are penalized. Even after all these measures have been put in place and guarantees convinced on safety, the growing rise in sexual assaults and disappearing of passengers has become worrying. In fact, complains have seen The International Cruise Victims Organization (ICVO) experience hardships in trying to curb the menace (Silverstein, 2006). The organ though alleges that ship firms are not accountable and regulated. It says that they are not committed to protecting their passengers. Lastly, activism and lobby groups have pushed for reforms that concern insurance and compensation. They feel that all passengers onboard any vessel should be on the ship’s policy and are entitled to compensation incase of a disaster. How to cite Safety Measures In Ships, Papers

Financial Risk and Portfolio Optimization †MyAssignmenthelp.com

Question: Discuss about the Financial Risk and Portfolio Optimization. Answer: Introduction: Jaguar and Ford mainly fall under automobile industry and are considered competitors of each other. Hence, the acquisition of Jaguar could create the highest value for Ford, which might help the company increasing value. In addition, the values will only be created with the help of synergies that will be created by the company with the acquisition process. This acquisition process might mainly help in generating the levels of synergies in production, and revenue stream that could create value for Ford. Moreover, the combination of Jaguar and Ford could allow both companies to combine their production and dealership. This could help in generating high level of return from investment. In this context, Aliu, Pavelkova and Dehning (2017) stated that companies with the help of acquisitions and mergers can create value by combining their operations and increase the overall profitability. In addition, the value will be created by combing the production system of both the companies and reduce the actual cost of production. This value creation might help the company in declining the costs and increasing the level of returns. Therefore, the combined valuation of the company could help in generating the level of returns from investment. Furthermore, the combination could help in generating high level of sales for the company, as the combined dealership would increase the sales of the firm, while reducing the actual cost of production. This combined valuation would allow both the companies to generate high level of synergies and valuation for investment. Beshears et al. (2016) argued that without the identification of synergies companies are not able to create the relevant value, which might reduce financial stability of the combined company. Calculating share price of Jaguar suing DCF method: Period 1 2 3 4 5 6 Particulars 1990 1991 1992 1993 1994 1995 Turnover (in millions): United States - in $ $850.00 $1,076.90 $1,364.30 $1,728.40 $2,189.70 $2,774.20 Exchange Rate $/ 1.615 1.615 1.615 1.615 1.615 1.615 United States - in 526.32 666.81 844.77 1,070.22 1,355.85 1,717.77 Europe - in DM 434 572.7 755.6 997.1 1315.6 1735.9 Exchange Rate DM/ 3.022 3.022 3.022 3.022 3.022 3.022 Europe - in 143.61 189.51 250.03 329.95 435.34 574.42 Total Turnover in US Europe 669.93 856.32 1,094.80 1,400.16 1,791.19 2,292.19 United Kingdom 324.00 404.80 505.80 632.10 789.80 986.80 Rest of World 172.80 241.30 337.00 470.60 657.20 917.80 Total Turnover - in 1,166.73 1,502.42 1,937.60 2,502.86 3,238.19 4,196.79 Cost of Sales -1,045.00 -1,350.40 -1,730.90 -2,222.10 -2,829.50 -3,608.80 Gross Profit 121.73 152.02 206.70 280.76 408.69 587.99 Distribution, Administration and RD Costs -122.00 -147.30 -177.90 -214.80 -259.40 -313.20 Net Operating Profit -0.27 4.72 28.80 65.96 149.29 274.79 Increase in Net Working Capital -113.2 -34.5 -45.1 -59 -77.3 -101.5 Free Cash Flow -113.47 -29.78 -16.30 6.96 71.99 173.29 Discount Rate 6.72% 6.72% 6.72% 6.72% 6.72% 6.72% Discounted FCF -106.33 -26.15 -13.41 5.37 52.01 117.31 Total of Discounted FCFs 28.80 Particulars Value Value of Company after 1995 2,579.13 PV of Value after 1995 1,745.91 Total Fair Value 1,774.72 Nos. of Shares 182.926 Fair Value per Shares (in ) 9.70 Evaluating prices of Jaguar under different scenarios: Particulars Value Value of Company after 1995 2,445.38 PV of Value after 1995 1,655.37 Total Fair Value 1,659.37 Nos. of Shares 182.926 Fair Value per Shares (in ) 9.07 Increase in DM interest rate by 25%: Particulars Value Value of Company after 1995 2,644.64 PV of Value after 1995 1,790.26 Total Fair Value 1,830.28 Nos. of Shares 182.926 Fair Value per Shares (in ) 10.01 Increase in Yen interest rate by 25%: Particulars Value Value of Company after 1995 2,579.13 PV of Value after 1995 1,745.91 Total Fair Value 1,774.72 Nos. of Shares 182.926 Fair Value per Shares (in ) 9.70 Decrease in $ interest rate by 10%: Particulars Value Value of Company after 1995 3,133.60 PV of Value after 1995 2,121.26 Total Fair Value 2,252.88 Nos. of Shares 182.926 Fair Value per Shares (in ) 12.32 Decrease in DM interest rate by 10%: Particulars Value Value of Company after 1995 2,847.98 PV of Value after 1995 1,927.91 Total Fair Value 2,002.77 Nos. of Shares 182.926 Fair Value per Shares (in ) 10.95 Decrease in Yen interest rate by 10%: Particulars Value Value of Company after 1995 2,579.13 PV of Value after 1995 1,745.91 Total Fair Value 1,774.72 Nos. of Shares 182.926 Fair Value per Shares (in ) 9.70 Depicting the currency Jaguar should manage more: From the overall evaluation of above tables relevant exposure of Jaguar can be calculated, which might hamper their actual revenue from currency conversion. The maximum of revenue that is generated by Jaguar is from US, which relevantly indicates the exposure of dollar, which needs to be managed by the company. In addition, the evaluation of above figure mainly helps in detecting the overall percentage sales, which is conducted in US by Jaguar. The evaluation indicates that maximum of the sales are mainly on US dollar, which states the Jaguar should manage the US Dollar adequately for reducing any kind of losses, which might incur from currency exchange. The US sales Vs worldwide sales depict a relevant sales percentage to 41%, which indicates that maximum revenue is generated from sales in US. Hence, the organisation needs to manage US dollar for curbing the loses, which might incur from the exchange rate (Bruni et al. 2015). The above figure relevantly depicts the overall financial data of Jaguar, which could help in generating the level of return from investment. The major revenue is generated from US, which can be seen from above figure. In addition, the financial performance is dependent on the revenue that is generated in dollars and needs to be converted in pound for increasing the level of returns from investment. Furthermore, without the conversion of sales in pound the actual revenue that is generated by the company is not evaluated. Hence, the risk exposure of Jaguar is immense in terms of dollar revenue. Any decline in the currency value might hamper actual valuation of the stock and directly affect its revenue generating capacity. Therefore, Jaguar needs to conduct adequate valuation and adjust for their exposure in the market, which could help in reducing the losses from currency conversion (Hung et al. 2018). Stating how much should jaguar hedge, while describing financial and industrial hedging: Particulars 1990 1991 1992 1993 1994 1995 United States - in 45.11% 44.38% 43.60% 42.76% 41.87% 40.93% Europe - in 12.31% 12.61% 12.90% 13.18% 13.44% 13.69% United Kingdom 27.77% 26.94% 26.10% 25.26% 24.39% 23.51% Rest of World 14.81% 16.06% 17.39% 18.80% 20.30% 21.87% From the overall evaluation sales percentage that is generated from US is the highest, which might affect the total revenues of the company. In addition, Jaguar needs to hedge its exposure in US for curbing the losses that might incur from volatile currency market. The combined Europe sales are not close to the revenue that is generated from US sales. Jaguar needs to use hedging instruments such as forwards and future contracts for curbing the losses that might incur from currency conversion. The 40% of total revenue that is generated from Jaguar needs to be hedged for shortening the losses in currency conversation. The use of future contacts can reduce the relevant losses from operations. In addition, this derivatives contract might allow the company to hedge its exposure in the currency market and reduce any kind of expected losses, which might incur from currency market (Pfaff 2016). Therefore, buying future contracts of dollar might help in reducing the losses from currency conve rsion for Jaguar. The current exposure of Jaguar in Japan is relatively lower than other countries, where operations of the company has not been conducted adequately. In addition, the revenue generated from japan is relevant low, which reduced the implication and exposure of Jaguar in Yen. This relevant exposure of the company might directly affect the overall profitability, which might incur from operations. This exposure from currency conversion is relatively low, where the actual revenue that is generated in Japan can be hedged with using appropriate instrument (Zhang, Liu and Xu 2014). Stating which exchange rate is Jaguar exposed: In perspective of Ford a US-based shareholder Jaguar is mainly exposed to DM and Pound currency, which could hamper relevant profits of the shareholders. In addition, the major exposure of the company is mainly on pound, where the actual expenses are been conducted for the production of cars. This exposure of the Jaguar after the acquisition might be controlled with the help of hedging process, which might be useful for US-based shareholder to increase their return from investment. Being a US-based shareholder the relevant revenues that is been generated outside US needs to be hedged for reducing the negative impact from currency conversion. In addition, the operations of Jaguar need to be evaluated based on US dollars, which might help in generating high rate of return from investment (Damodaran 2016). There are two different sources of each exposure, which is generated from pound and DM. The high-end exposure for US-Based shareholders can be conducted by hedging adequate pound in comparison to dollar. In addition, the exposure from pound is due to the production facility, which is located in UK. In addition, the sales revenue from Europe and Germany is also conducted by the company over the period. Therefore, the revenues and expenses incurred in UK is the major source of exposure for the pound currency. The second source of exposure is the currency DM, which is generated from Germany. Jaguar conducts adequate sales in Germany, which could increase the accumulation of DM by the company and needs to be converted in US dollar. Moreover, this source of exposure is relevantly high, as the company obtains adequate revenue from the sales of cars in Germany, as depicted in case study (Fracassi 2016). Stating which exposure should Ford care about: From the overall evaluation, exposure in pound needs to be assessed by Ford and can take relevant measure to control risk from currency exchange. In addition, Ford after acquiring Jaguar needs to be concerned regarding exposure in pound that is made by the company. Hence, the exposure in pound is the main concern for the company, as the overall revenue and expense are in pound. This would directly hamper the actual performance of the company if Ford is not careful in hedging their exposure in the UK market. Furthermore, the exposure on DM also needs to be evaluated by Ford, as adequate revenue is generated from Europe division of Jaguar (Foley and Manova 2015). Therefore, exposure in currency market and commodity market needs to be conducted by Ford for reducing the risk from their investment. From the overall evaluation, Jaguar has relevant exposure in pound and DM, which needs to be hedged adequately for reducing risk from currency market. In addition, the exposure in the current market mainly needs to be reduced by using adequate level of hedging contracts such as futures and forward contracts. In this context, Scholes (2015) mentioned that companies with the help of hedging process can reduce the risk from volatile markets in which they are trading. Furthermore, the evaluation mainly helps in depicting the risk, which mouth hamper the actual profits of the organisation. On the other hand, Bazdresch, Kahn and Whited (2017) criticises that hedging process without evaluation does not provide adequate return for the organisation, while increase the chance of risk from investment. Therefore, Ford needs to have adequate hedging contract for both pound and DM, which could help in generating high level of returns from investment. Reference and Bibliography: Aliu, F., Pavelkov, D. and Dehning, B., 2017. Portfolio risk-return analysis: The case of the automotive industry in the Czech Republic. Bazdresch, S., Kahn, R.J. and Whited, T.M., 2017. Estimating and testing dynamic corporate finance models.The Review of Financial Studies,31(1), pp.322-361. Beshears, J., Choi, J.J., Laibson, D. and Madrian, B.C., 2016. Does Aggregated Returns Disclosure Increase Portfolio Risk Taking?.The review of financial studies,30(6), pp.1971-2005. Bruni, R., Cesarone, F., Scozzari, A. and Tardella, F., 2015. A linear risk-return model for enhanced indexation in portfolio optimization.OR spectrum,37(3), pp.735-759. Damodaran, A., 2016.Damodaran on valuation: security analysis for investment and corporate finance(Vol. 324). John Wiley Sons. Ehrhardt, M.C. and Brigham, E.F., 2016.Corporate finance: A focused approach. Cengage learning. Ferran, E. and Ho, L.C., 2014.Principles of corporate finance law. Oxford University Press. Foley, C.F. and Manova, K., 2015. International trade, multinational activity, and corporate finance.economics,7(1), pp.119-146. Fracassi, C., 2016. Corporate finance policies and social networks. Management Science,63(8), pp.2420-2438. Hillier, D., Clacher, I., Ross, S., Westerfield, R. and Jordan, B., 2014.Fundamentals of corporate finance. McGraw Hill. Hung, K., Yang, C.W., Zhao, Y. and Lee, K.H., 2018. Risk Return Relationship in the Portfolio Selection Models.Theoretical Economics Letters,8(03), p.358. Lerner, J. and Seru, A., 2017.The use and misuse of patent data: Issues for corporate finance and beyond(No. w24053). National Bureau of Economic Research. Nguyen, T.T., Gordon-Brown, L., Khosravi, A., Creighton, D. and Nahavandi, S., 2015. Fuzzy portfolio allocation models through a new risk measure and fuzzy sharpe ratio.IEEE Transactions on Fuzzy Systems,23(3), pp.656-676. Pfaff, B., 2016.Financial risk modelling and portfolio optimization with R. John Wiley Sons. Scholes, M.S., 2015.Taxes and business strategy. Prentice Hall. Zhang, W.G., Liu, Y.J. and Xu, W.J., 2014. A new fuzzy programming approach for multi-period portfolio optimization with return demand and risk control.Fuzzy Sets and Systems,246, pp.107-126.

Museum Writing Assignment Formal Analysis Paper

Since times immemorial people have exploring the mysterious connection between the man and the nature. The ancient people believed that life was governed by mysterious natural powers to which divine omnipotence was ascribed. With the coming of the industrial era, the distance between the man and the nature grew larger until a disastrous point was achieved when mechanical and artificial things substituted what would normally come from nature.Advertising We will write a custom critical writing sample on Museum Writing Assignment: Formal Analysis Paper specifically for you for only $16.05 $11/page Learn More However, in the modern era of environmentalism, people appear to be turning back to their origins in an attempt to save the planet from an ecological catastrophe. This tendency is reflected in modern art that chooses the unity of the man and the nature as one of its main topics. One of the examples illustrating the unity of the man and the nature is an artwork by Lloyd Walsh Flesh to Earth (1995). This is an oil on canvas diptych that consists of two images, 40 by 30 inches each: a rose in its full blossom and a torso of a mature woman with loose hair and arms crossed to cover her naked breasts . The thematic affinity of the two paintings can be traced in the way Walsh manages the formal elements: the color, the light, and the composition. Both paintings are performed in a brown color scheme that reminds sepia effects in photography. The light falls on both the rose and the woman from the right, which is emphasized by a distinct shift in the tints of the color from a very light beige to the darkest brown. Each of the two paintings has only one item depicted in it, which immensely focuses the viewer’s attention and evokes contemplation on the deeper meaning of the paintings. A second illustration of the connection between the man and the nature can be found in an artwork by Betty Ward Man with Sunflower, The man with the sun flower hand making love to the woman whose hair is a river (2004–2006). The first thing that turns the viewer’s attention is the medium of this 54 by 54 inches round image: it is a cotton embroidery set off with silk petals and put in a hand-carved metal frame. The composition of the artwork clearly comprises three zones. The right half of the embroidery depicts a body of a naked woman whose long luxuriant hair curls and flows in blue waves as the waters of a river. In the bottom left part of the embroidery, there is a body of a naked man whose green hair reminds grass blades and who is stretching his hand – in shape of a sunflower – to the woman. Yet another image is featured at the top left part of the embroidery: a woman sitting on a chair with her legs crossed.Advertising Looking for critical writing on art and design? Let's see if we can help you! Get your first paper with 15% OFF Learn More The body of the woman and the chair itself ar e done in shades of grey and black, which sets this image off as extraneous to the colorful unity of the other two bodies. Such a contrast suggests a semantic opposition between the world of nature filled with color and love, and the colorless world of civilization. Both works attracted my attention and won my appreciation by their sincerity and suggestion of a deeper meaning. Although it is possible to enjoy each of them simply for the beauty of line, color, light, and composition, it appears even more exciting to think about the ideas underlying the artworks. The titles of the works provide sufficient hints for deciphering their meaning. Flesh to Earth suggests categorizing the woman as ‘flesh’ and the rose as ‘earth’ and uniting them on the basis of their similar nature. The rose is splendid in its bloom, and so is the woman in her heyday. From this parallelism stems the idea that human life cycle is similar to that of plants, and thus the immediate conn ection between the man and the nature is established. An analogous idea comes to one’s mind when looking at Man with Sunflower: the couple in love merge with each other and with powers of nature, while the image of a colorless woman remains solitary in the seclusion of civilization. Trough observation of modern artworks, it becomes possible to realize how much significance is given by artists to the connection between the man and the nature. The message of such artworks reads that only via this ultimate bond is happiness and harmony possible on this planet. Works Cited Walsh, Lloyd. Flesh to Earth. 1995. San Antonio Museum of Art, San Antonio, Texas. Ward, Betty. Man with Sunflower, The man with the sunflower hand making love to the woman whose hair is a river. 2004–2006. San Antonio Museum of Art, San Antonio, Texas.Advertising We will write a custom critical writing sample on Museum Writing Assignment: Formal Analysis Paper specifically for you for onl y $16.05 $11/page Learn More This critical writing on Museum Writing Assignment: Formal Analysis Paper was written and submitted by user Yaritza Reese to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Engage Students with Songs to Teach Metaphor and Simile

Engage Students with Songs to Teach Metaphor and Simile One way to engage students in the study of figurative language-specifically similes and metaphors- is to use examples from the songs they like. Teachers in grades 7-12 can point out how the  metaphors and similes in song lyrics allow  songwriters to communicate their innermost feelings. The metaphors and similes in songs help students to visualize comparisons that are  purposefully placed to convey attitude- Sad? Tears of a Clown. Happy? Walking on Sunshine. Dependable? Solid like a Rock.   If a teacher wants to teach similes and call attention to the  characteristic comparison word like, there is probably nothing more iconic then the song Like a Rolling Stone, the 1965  folk rock anthem by Nobel  laureate Bob Dylan. A more contemporary song example is   Let It Go from the Disney film Frozen where the Princess Elsa (voiced by  Idina Menzel) laments that The wind is howling like this swirling storm inside. Teachers can show how the songwriters chose similes to help listeners visualize the emotions of the singer, and both of these examples  use the word like in their poetic comparisons. For the explicit instruction of metaphors, there is  the 2015 country music hit by Keith Urban titled  John Cougar,  John Deere,  John 3:16  Ã‚  that  begins with a series of rapid-fire metaphors: Im a forty-five spinning on an old Victrola;  Im a two strike swinger, Im a Pepsi cola... There is also the classic rock and roll hit  Hound Dog, covered by Elvis Presley (1956) with its unflattering comparison to someone who is crying all the time... Here the metaphors are comparisons are direct but unusual: a singer to a record, a friend to a dog. These metaphors help the listener better understand the relationships in the songs. Caution: PG Language Only: While teachers can engage students by having them find similes and metaphors in the music they enjoy, the sharing of these songs in school must include high degrees of caution. There are several song lyrics that are explicit in their use of improper language, vulgarity, or profanity. There are also song lyrics that intentionally use metaphors and similes as coded language to send an implicit message that could be inappropriate for a middle school or high school class. If students will be allowed to share songs and lyrics in class, they must be prepared to share only those verses that are appropriate for use in class. In other words, PG lyrics only!   Here are two linked articles with songs that are already previewed for use in class that can be used to provide additional examples of both similes and metaphors in songs. Several of these song lyrics have already been analyzed to help teach about these key figures of speech: Article #1:Songs With Metaphors This article features 13 songs that can be used as models  for mini-lessons. The examples of metaphors in the lyrics are already analyzed for use in class. Songs include: ​Cant Stop the Feeling- by Justin TimberlakeH.O.L.Y. -Florida Georgia Line​Im Already There,  by LonestarThis is What You Came For -Rhianna Article #2:Songs With Similes This article features eight songs that can be used as models   or mini-lessons. The examples of similes in the lyrics are already analyzed for use in class. Songs include: Just Like Fire  -PinkStiches by  Shawn MendesExs Ohs by Elle King Common Core Connection Teachers still meet the literacy anchor standard in the Common Core for  English Language Arts when they use   song lyrics to address metaphors and similes: CCSS.ELA-LITERACY.CCRA.R.4Interpret words and phrases as they are used in a text, including determining technical, connotative, and figurative meanings, and analyze how specific word choices shape meaning or tone. Finally, using song lyrics is one way teachers can move away from the worksheet and show students the importance of metaphors and similes in their everyday lives. Research on motivating students also suggests that when students are given the opportunity to make a choice, their level of engagement increases. Increasing student engagement through choice and allowing them to  share how  songwriters from every musical genre use similes and metaphors may give students the practice they need to become  proficient in interpreting and analyzing figurative language in other kinds of texts.

Two sides of the Same Coin Called Love Essay Example | Topics and Well Written Essays - 1000 words

Two sides of the Same Coin Called Love - Essay Example These poems illustrate the theme of eternal love, although in My Mistress' Eyes, the speaker uses a realistic approach and constructs the poem as a parody of traditional sonneteers’ romanticized descriptions of their mistresses, while A Summer’s Day underscores the speaker’s everlasting love through undermining the inability of a traditional notion of summer in capturing his beloved’s magnificence. My Mistress' Eyes lampoons the usual similes and metaphors of romantic sonneteers, whereas A Summer’s Day employs eternal summer and lasting lines as fitting metaphors for his eternal love and his beloved’s beauty. The theme of these poems is undying love, although love is depicted in different approaches. In My Mistress' Eyes, the speaker does not even start with the usual compliment given to women’s physical attractiveness. Instead, he immediately begins with a negative depiction: â€Å"My mistress' eyes are nothing like the sun† (Shakespeare line 1). The rest of the lines are all contradictions of the common similes and metaphors of love poems, such as comparing women’s beauty or their facial parts to corals, snow, roses, perfumes, and goddesses. Nevertheless, in line 13, the speaker asserts his undying devotion to his mistress when he says: â€Å"And yet, by heaven, I think my love as rare/As any she belied with false compare† (Shakespeare 13-14). The speaker stresses that his love may probably be more lasting than those who describe their mistresses in unrealistic terms. As one article notes: â€Å"†¦he thinks his beloved is as unique as any other woman wh o has been lied about by other poets through the use of false comparators† (Grace 1).... He finds â€Å"summer† inadequate, however, because it is too short, â€Å"†¦summer's lease hath all too short a date† (Shakespeare 4), â€Å"too hot† (Shakespeare 5), â€Å"dimm’d† by the clouds (Shakespeare 6), and â€Å"declines† in beauty (Shakespeare 7). Apparently, the summer’s day is incomparable to the love he feels for his audience and the kind of beauty his beloved possesses. Instead, the only object that he can compare his love to is with his â€Å"eternal lines† (Shakespeare 12). Only through these lines can his love breathe forever and that is how much he loves his target audience. The speakers of these two poems emphasize that their love is rare and undying, but My Mistress' Eyes satirizes the traditional sonneteers’ idealized descriptions of their mistresses, while A Summer’s Day underscores the speaker’s everlasting love through comparing his love to summer and poetry. The speaker in My Mistress' Eyes does not think twice in saying what he â€Å"sees† in his mistress. He is direct in his tone, when he says that his mistress is nothing like the sun, corals, snow, roses, perfumes, and goddesses. He matter-of-factly states: â€Å"Coral is far more red than her lips' red;/If snow be white, why then her breasts are dun† (Shakespeare 2-3). Her lips are not at all red and her breasts are even dun or brownish gray. Roses are red, but the speaker asserts that these roses are not found in his mistress’ cheeks. He even notes that her breath is far from perfume and that it â€Å"reeks† (Shakespeare 8). And yet he loves hearing her speak, even when â€Å"†¦music hath a far more pleasing sound† (Shakespeare 10). He also cannot compare her to a goddess, for he has not seen one in his lifetime. At the same

Implementing Strategy and Leadership Ethics Assignment

Implementing Strategy and Leadership Ethics - Assignment Example Culture is considered as a core element in the overall vision of any organization (Schein, 2010). The first way of embedding culture into the organization is through avoiding cultural drift. Even though it is easier to follow some cultural practices, there is a tendency of ignoring them with time. A drift comes in and the main culture is supported by several gestures. There is a tendency to overlook the important cultures of the organization. Therefore, leadership should recognized and reward those who are consistent with following the core organization’s culture. In talking about organizational midlife, it means that the organizations have been in existence for a period of between 35 to 75 years. Such organizations are complex in terms or character of the employees and a fascinating folklore. They tend to be a bit resistant to change than the younger entities. Things tend to be more stabilized for these types of organizations and they have their own way of carrying out their daily duties. Additionally, they have a culture that drives their success or failure in all their initiatives. This type of organizational soul-searching in most cases is triggered by a number of factors (Schein, 2010). Ethical leadership basically needs ethical leaders. If an organization has ethical leaders, they will find it easy to ensure ethical practices are followed in the organization, right from the management to the subordinates. Naturally, leaders are in a position of power, either on or off-duty. Therefore, ethical leadership focuses on how leaders leverage their power in the decisions they make and ways they influence others (Schein, 2010). By demonstrating ethics in leadership, leaders promote a high level of integrity. The integrity they promote stimulates trustworthiness and equally encourages the subordinates to accept and follow the organization’s vision. Basically, integrity and character