Analysis Of The Movie The Help - 832 Words

I watched the movie award winning move The Help. This movie takes place in Jackson, Mississippi during the 1960’s. This was a time period of lots of racial discrimination and gender discrimination right in the middle of the civil rights movement. The story line of The Help is about a young women named Skeeter, who aspires to be big New York City writer. She get a job at a local news paper and on the side decided to secretly interview the black maids (The Help) about their different stories, experiences, and thoughts about white people. There are many events that accused in the Civil Rights movement that were portrayed in this movie. There was domestic services, African-American discrimination, women’s rights movement conflicts, John F.†¦show more content†¦Most homes would build a bathroom outside of the house in the garage or outside for the help. Most of the white people made it clear that the help could do certain things and if they over stepped in any way t hey would be regretting it. Although Abilene was scared, she realized through her religious group that the only way things were ever going to change was if people had the courage to stand up and fight. â€Å"The black church functioned as the institutional center of the modern civil rights movement† (Morris). As shown in the movie black churches were a great place for African-Americans to go and feel uplifted and got the courage to fight back. Along with racial discrimination, another aspect of history that this movie touches on is the roles of feminism. In the movie it was quite obvious that white women were supposed to stay home and have babies. They had very little responsibility and were there purely to be trophy wives, go to bridge club and gossip. â€Å"†¦slightly less than 1 percent of white women were employed as domestics†¦while less than 10 percent of white women were so employed† (Morris). Skeeter breaks out of this norm by going to college and get ting a career. All of her college friends kept trying to set her up but all she wanted to do was become a writer and make her mark on the world. She did not want to get married and be homemaker despite whatShow MoreRelatedThe Help Movie Analysis769 Words   |  4 Pages For my film/documentary analysis paper, I chose the movie The Help. This movie was actually originally a book written by Kathryn Stockett, but then in 2011, a screenplay was written and directed by Tate Taylor. I selected this film because it directly relates to some of the topics we talk about in class. Some of them being segregation and discrimination. In society today, segregation and discrimination play a huge role in how minorities are perceived. I wanted to find a film that showed the effectRead MoreAnalysis Of The Movie The Help 1019 Words   |  5 PagesOne of the best-selling books and the film ‘The Help’ is very closely relevant to the untold stories of African-American women and their exper ience in service to the white women – part of the narrative of civil rights and segregation in America. The Help is less about the undermined black servants than it is about the white sympathizers, extremely close to missing the point entirely. The civil rights movement was vast and complicated and included African-Americans and white people as heroes, If theRead MoreAnalysis Of The Movie The Help 1187 Words   |  5 PagesThe Help is a drama set in Jackson, Mississippi during the Civil Rights Movement of the 1960’s. The film focuses on the development of Eugenia Skeeter Phelan, a young, aspiring Anglo American author trying to find her way in the world of writing. After becoming closer acquainted with Aibileen, an African-American maid employed by her peer Elizabeth Leefolt, Skeeter becomes more aware of the racist attitudes that white Americans in her community have towards ‘black’ Americans. After successfullyRead MoreAnalysis Of The Movie The Help 1 550 Words   |  7 Pages Walt Disney Studio’s 2011 film, â€Å"The Help† is an adaption of Kathryn Stockett’s 2009 novel of the same name. The Help is an American drama film, and stars a powerhouse cast, with the leading roles played by Emma Stone, Viola Davis, Octavia Spencer, Jessica Chastain, and Allison Janney. The film was both written and directed by Kathryn Stockett’s friend Tate Taylor, who was given the rights to the film before her book was even published. In 1960’s Jackson, Mississippi during the civil rights movementRead MoreAnalysis Of The Movie The Help 1132 Words   |  5 PagesAccording to the movie The help, I understand that the African American in the past where being abused from white people and where insulted and treated as animals. They used men as cookers and farmers. And women where used as nannies. Also they splurge the nannies between each other. However, white people doesn’t treat African American in a good way. When they was treated from white people one of the friend of the white people tried to solve this dilemma which is to make justice between white andRead MoreMovie Analysis : Film Analysis Of The Movie The Help796 Words   |  4 Pagesâ€Å"The Help† Analysis Paper During the 1960’s , americans underwent an era of critical issues in the United States. Throughout this time, the United States was in a stage of racial issues where racism was still openly accepted of society. The struggle by African-Americans to achieve rights equal to those that white people received was also known as the Civil Rights Movement. That included having an opportunity in employment, voting rights, having access to public facilities, education andRead MoreAnalysis Of The Movie The Help Essay2249 Words   |  9 PagesThe film â€Å"The Help† (2011), is a story based on the daily lives of prominent white women and the relationships with their African-American housemaids in Jackson, Mississippi, during the 1960s Civil Rights movement in America. A well-to-do white woman and central character in this film, Eugenia â€Å"Skeeter† Phelan, aspires to be a journalist and decides to write and publish an exposà © of the stories of the housemaids in Jackson to achieve this goal, however, only two maids, Aibileen Clark and Minny JacksonRead MoreAnalysis Of The Movie The Help By Kathryn Stockett1082 Words   |  5 PagesRace is a very controversial topic in Kathryn Stockett s The Help. The story was set during the 1960’s in Jackson, Mississippi. The Civil Rights Movement took place during the late 50’s and continued through the late 60’s, thus making race a very prevalent theme throughout the story. Kathryn’s theme of race was very strategic because it made her plot very authentic and genuine. In The Help, race affects the character’s lives in many aspects such as their opportunities, relationships, social factorsRead MoreWilliam Shakespeare s Romeo And Juliet1287 Words   |  6 PagesResearch Paper The movie Romeo and Juliet is a modern classic film that took place in 1996. Overall this is a timeless story that everyone should go and watch. This movie has an intriguing plot line that tells the story of two feuding families, The Montagues and The Capulets, and how the children of these two different families fall in love. The two children overcome various obstacles such as hiding their chemistry from their parents because it is forbidden. In the 1996 classical movie, Romeo and JulietRead MoreMovie Marketing Plan1393 Words   |  6 PagesMovie Marketing Plan Ideas and Images Private Limited Executive Summary Situation Analysis Ideas and Images Private Limited was founded in 2010 by students of film making with a vision to develop new trend, and improve film making in Nepal. The main objective is to align innovation and quality in Nepali movie making to help the industry grow and go international. Apabad is their first venture, with which they want to establish themselves as the institution with uncompromising creativity

The Salem Witchcraft Trials Essay - 826 Words

The Salem Witchcraft Trials of 1692 were the largest outbreak of witch hunting in colonial New England up to that time. Although it was the largest outbreak, it was not something that was new. Witch-hunting had been a part of colonial New England since the formation of the colonies. Between the years 1648 to 1663, approximately 15 witches were executed. During the winter of 1692 to February of 1693, approximately 150 citizens were accused of being witches and about 25 of those died, either by hanging or while in custody. There is no one clear-cut answer to explain why this plague of accusations happened but rather several that must be examined and tied together. First, at the same time the trials took place, King Williams War was†¦show more content†¦A group of Indians who massacred Dover, New Hampshire and a series of towns in the same area initiated the fighting. Many of the towns were burned to the ground and over fifty percent of their inhabitants were killed and the rest either captured and sold into slavery or escaped into the frontier. The survivors of these ambushes had endured the sights of extreme torture and brutal murder. After events like this many of these that survived experienced a medical condition known as post-dramatic anxiety stress disorder. Many of the accusers in the Salem Witch Trials were war-orphaned children and adults who had settled in and around Salem to get away from the fighting and the Maine frontier. Many of these may have been experiencing post-dramatic anxiety stress disorder which may have affected their judgment in the cases they brought against those that they accused. In order for a witch to have been put to trial, someone had to have accused them of being a witch and must have had some sort of evidence to explain their accusation, whether it was spectral or concrete. Most of the evidence brought against the accused was indeed spectral and usually consisted of the witch somehow causing harm to the victim and the victim later accusing whomever they saw victimizing them. One victim, Stephen Bittford credited witchcraft for his paralysis and neck pain. In recent years, the combination of these two symptoms has been attributed to a diseaseShow MoreRelatedSalem Witchcraft Trials : The Salem Witch Trials1723 Words   |  7 Pages2015 Salem Witchcraft Trials The Salem Witch Trials took place in colonial Massachusetts within modern day town Danvers and continued from sixteen ninety-two to sixteen ninety-three. The â€Å"Witchcraft Craze† rippled throughout Europe and included the events at Salem Village. This craze lasted from the thirteen hundreds to the sixteen hundreds and was caused by many religious reasons. More than two hundred people were accused of witchcraft, the â€Å"devil’s magic,† and twenty were executed in Salem TownRead MoreSalem Witch Trials : Witchcraft Trials1726 Words   |  7 PagesSalem Witch Trials Flaming sermons, bewitched girls, accusations being thrown here and there, and executions terrified colonists during the Salem witch trials. The Salem witch trials are well known, but they are not the first in America and are very small compared to other witch hunts. In 1648 Margaret Jones was hanged for witchcraft in Massachusetts (Brooks). In Europe 110,000 people were questioned during the 1300s to the 1700s, and 40,000 to 60,000 people were executed (New World Encyclopedia)Read MoreWitchcraft Trials And The Salem Witch Trials893 Words   |  4 PagesThe Salem witchcraft trials took place in colonial Massachusetts between February 1692 and May 1693. The news of witches began to spread in Salem when a group of young girls gathered together in the kitchen of the Reverend Samuel Parris with his Indian slave named Tituba to experiment with witchcraft. After these young girls began to portray unusual behavior the village doctor came to the scene and diagnosed the girls to be possesse d by the devil. The news of the presence of witches spread throughoutRead MoreSalem Witchcraft Trials Of 16921194 Words   |  5 Pages19 March 2012 Important Facts in the Salem Witchcraft Trials of 1692 Black magic. The Dark Arts. Voodoo. Sorcery. Conjuring. Witchcraft. No matter what they chose to call it, witchcraft was an evil association with the devil and the use of magic or the alleged use of magic, in the eyes of the Puritans of Salem, Massachusetts. And it was the â€Å"alleged† part that caused the Salem Witchcraft Trials tragedy of 1692. The Puritans believed the signs of witchcraft were apparent if only people knew whatRead MoreSalem Witch Trials : Witchcraft Essay1107 Words   |  5 PagesSalem Witch Trials Witchcraft has been around since the B.C. era, but erupted in the late 1600s. It began in Europe and eventually made its way to the New World. Witchcraft is believing in and the use of practical magic, such as casting spells, calling on spirits, or predicting the future. Witchcraft is derived from the Anglo-Saxon word, â€Å"wicce,† meaning wise. Therefore, it translates into â€Å"craft of the wise.† Wise people were those who were familiar with natures’ forces and were educated when itRead MoreThe Mystery Of The Salem Witchcraft Trials1048 Words   |  5 PagesMystery of the Salem Witchcraft Trials Jennifer Hollenbeck AP United States History Mrs. Price November 12, 2014 The Salem witchcraft trials were a particularly dark and mysterious time in the history of America. These trials that were arranged upon the belief of witchcraft could have multiple explanations. In my opinion these trials began as a combination between religious factors, boredom, social issues and all coming together in a mess of suspicion and deceit. Although these trials did startRead More Salem Witchcraft Trials Essay838 Words   |  4 Pages Salem Witchcraft Trials Thesis Statement ================ The Salem Witchcraft Trials occurred because of the depth of Salem Puritans belief in witchcraft and the devil. Introduction ============ The Salem Witchcraft trials started in 1692 resulting in 19 executions and 150 accusations of witchcraft. This was the biggest outbreak of witchcraft hysteria in colonial New England. The trials began because three young girls, Betty Parris, AbigailRead MoreWitchcraft : The Causes Of The Salem Witch Trials1219 Words   |  5 PagesWitchcraft is the use of magical powers. Witchcraft is often regarded as â€Å"black† magic. The article called â€Å"The Salem Witch Trials: 1692-1693† states that â€Å"[s]ince the early fifteenth century, so-called witch panics had periodically swept across Europe, causing witch hunts, accusations, trials and executions† (â€Å"Salem† 1). Although some children and males were accused, the greater part of the arraigned individuals were female (â€Å"Salem† 1). A debatable amount of around forty thousand individuals wereRead MoreSalem Witchcraft Trials : Hysteria And Craziness1470 Words   |  6 PagesSalem Witchcraft Trials This period in America can be summed up in two words: Hysteria and Craziness. The 1692 notorious Salem witch trials started after some young girls from Salem Village, Massachusetts, purported to be possessed by demons. The girls accused some local women of bewitching them. As the wild hysteria spread across Massachusetts, a court was specially set up to listen to the cases. Bridget Bishop was the first witch to be convicted and later hanged in June. Eighteen more wereRead MoreThe Pros And Cons Of The Salem Witchcraft Trials1552 Words   |  7 Pages  Ã‚   The Massachusetts Salem witch craft trials, this was a complicated time in history.   With the conflict of the hangings, Salem didn’t have the best compromise. At a time in history when the government didn’t give Puritans religious rights, the Salem Massachusetts witch craft trials began. This conflict led to trails where the government convicted men and woman of practicing witch craft, thus being hanged. Thoug h this compromise stopped the witchcraft practicing, the government realized those men

Thermodynamics Benefits Management

Question: "An environmentally friendly solar thermodynamic panel is available commercially in Ireland for the domestic market. Using sketches to illustrate your answer,describe how this system work.Outline the advantages over the existing solar panels commercially available." Answer: Thermodynamics benefits Introduction Solar thermodynamic panel is similar in looks to the solar panel and helps in saving cost of energy for individuals. The price of the energy consumption has increased tremendously, and this is one of the reasons different technologies to reduce the price. Global recession has encouraged the people to adopt and use effective technology like solar panel to control the electric expenses. The availability of the fossil fuel is quite less, and this is one of the reasons it is essential to use the energy in an effective manner. Thermodynamics is a new invention of human beings which works effectively and caters the needs of the individuals. Through this technology it is possible to handle the environmental issues like the acid rain, green house, and others. It is necessary to develop and use the renewable energy in an effective manner. There is a strong relationship between the sustainable development and renewable energy that is used to reduce the carbon emission. How the system works? Thermodynamics solar panel is termed to be eco-friendly equipment that functions on a defragment fluid system. This is used for circulating the heat available from the surrounding air system and transfers the available fluid into useful gas. The gas present within the system passes into the compressor where the temperature within the equipment into heat. This energy is used for using the system for heating purposes. The system has been designed to ensure that the heat exchanger functions within the water cylinder that is presented within the system. This process then heats the water, which can be used by the individual. Energy is generated when the gas travels into the expansion value which is liquidised throughout the time when the system is being used (Chu and Meisen, 2011) The system has being used for the commercial purposes for a simple fact that the system saves energy and reduces the costs for the energy generation. Development for the invention of the system depends upon the legislation and policy that is being used for positioning the best quality and features of the product. The security measures and other factors associated with the security of the potential customers have been taken care of, in this process. The modern system uses energie system, which fits fine into the thermodynamic heating system of the product. The product is chosen as the price for the product is less, when compared to the other products that are available in the industry. The products are available for commercial purposes as well, due to many positive aspects. In this system the general mass, energy, and energy system is analysed. Thorough this process it is possible to improve the efficiency that is required for reducing the cost of the energy consumption. Energy analysis is an effective method that uses the mass for conservation, and uses the energy principle method (IEA, 2011). The principle is based on the second law for thermodynamics and the process adopted for designing and improving the improvising the energy system. Such a system has been used for the commercial purposes, as it can drastically reduce the costs and other expenses that are involved with the thermodynamic factors. The price for the electricity is reduced; however there is a limit to the same. Through commercialization of the product, the company and the management intends to use the system for providing better services to the clients and reduce the price for the product that is involved with the system. There is different type of products available in the market, and it depends upon factors like the quality, usability, and others. Through commercializing the product, the company intends to use the product the companies approach maximum number of clients from different parts of the market. This would help in securing the environment, which has become a prime need for the people. People or the users require hot water throughout the year in the European countries. This can drastically increase the energy price, which can be quite too high. The system has been designed to be effective used by the users, which would introduce the changes that are required for consuming higher fuel and lesser amount of energy price (GEA, 2011). The system has been designed to work in a simplified manner. The panels are designed to be environmental friendly, which makes it quite effective for the users. This device can produce quality hot water throughout the year at the lowest possible price. Advantages of the system There are many advantages associated with the usage of the system. Due to technology improvement, the system has been designed to improve the functionality of the device that has been designed for the providing quality services to the users. Some of the benefits associated with the application of the system are The system has been designed to work 24/7 without creating any issues or complex The design of the system has been tested and tried to work throughout the year, and in different conditions. This makes the system more preferred by the users for commercial and personal usage purpose. This device enables the users and companies to reduce the carbon emission, which has become one of the major concerns for the authorities The process to install the device as compared to otters is quite simple and requires less time. Users dont have to worry about maintenance of the system, which is one of the major concerns for the users. It is preferred as this will light weight (Michaelian, 2010) Conclusion The fuel and energy price has been drastically increasing and this has become one of the concerns for the people. Through the method, the users can easily use the system, without worrying about the increasing the price for the device. This device enables the users to cause less carbon emission which can endanger the environment. IN this process, the strategies adopted by the developers have to be analysed as this will help in installing a better system that could be used for commercial purposes. References Chu Y and Meisen P, 2011. Review and comparison of different solar energy techniques. Retrieved from https://www.geni.org/globalenergy/research/review-and-comparison-of-solar-technologies/Review-and-Comparison-of-Different-Solar-Technologies.pdf GEA, 2011. The values of geothermal energy. Retrieved from https://www.geothermal.org/PDFs/Values_of_Geothermal_Energy.pdf IEA, 2011. Solar Energy Perspective. Retrieved from https://www.iea.org/publications/freepublications/publication/solar_energy_perspectives2011.pdf MIT, 2009. Environmental science and technical. Retrieved from https://web.mit.edu/ebm/www/Publications/est2009.pdf Michaelian, 2010. Thermodynamic function of life. Retrieved from https://arxiv.org/ftp/arxiv/papers/0907/0907.0040.pdf

Responsibility of Shareholder on the Company-Myassignmenthelp.com

Question: Analyse the fact that the director of a Company must owe due care to the shareholders who are playing an important role in the administration of a Business or Company. Answer: Introduction: Australian Institute of Company Directors is an institution that provides non-profit membership to the directors (Too, Weaver, 2014). This organisation has derived its origin from the Institute of directors of United Kingdom. It is established in the year 1960. It consists of 4 national directors, seven representatives who are elected from the divisions, one Managing director and a CEO (Lokuwaduge Armstrong, 2015). At present, John Brogden is the CEO as well as the MDD of the same. It works on international basis. Discussion: There are two types of members are present in a company. They are the shareholder or the stockholder and the stakeholder. Shareholders are the individuals who are buying shares but are not liable for the debts of the company (Chassagnon Hollandts, 2014). They form a part of the company. There is a legal outline present in respect of the membership of a company. A person can be a shareholder only if his or her name is included in the companys register. The shareholders enjoy certain rights regarding their post. They can buy or sell the respective shares at any time and they have a right to cast their vote regarding the appointment of the directors of a company. Stakeholders are regarded as that class of person without whom a company is merely exists (de Gooyert et al., 2017). Edward Freeman first coined the term stakeholder in the year 1983 (Clayton, 2014). Simply, stakeholders are included all persons who are related to the company. They govern the activities of a company. Stakeholders include directors, employees, unions and even the shareholders of the company. In other work, it can be stated that stakeholders are the genus whereas the shareholders are the species. Though the term stakeholder includes all the parties involved in a company work, there are certain differences laid down under the term (Brennan, Kirwan, Redmond, 2016). An instance can be that the customers liability is less than the liability of the employees of the company. Purpose of project: The report is aimed to find out the validity of the statement that the director of a company has certain duties towards the shareholders and the interest of the shareholders must be keep above other stakeholders. Aim and objectives: The main purpose of the report is to analyse the fact that the director of a company must owe due care to the shareholders who are playing an important role in the administration of a business or company. Research question: A research has been made with an intention to come into a conclusion to the fact that whether a director of a company should place the interest of the shareholders upon all other stakeholders or not. Literature review: It is a fact that the shareholders are playing an important part regarding the appointment of a company director. Therefore, a reciprocal duty accrues from the part of the directors as against the shareholders. Shareholders are the part of the corporation. In this regard, it can be stated that the directors owes certain duties towards the company as well as the shareholders. However, there are certain cases cropped up where the court has expressed their consent against the fact that the directors owe any right against the interest of the shareholders. The courts are supported the fact that the directors must have the duties for the company or the corporation. The reason behind the same accrues from the idea that if the company will make profit regarding any transaction, the shareholders will also benefited from the act. Therefore, it is not needed to concentrate on the interest of the shareholders in general. Engagement strategy of shareholders: There are certain procedures that draw an outline regarding the engagement strategy of the shareholders. There are certain approaches that can specifically describe the development process of the shareholders engagement strategy (Clayton, 2014). It is important to maintain a respected relationship between the company and the shareholders. A transparency should be maintained in such cases. Shareholders are the most important part of the stakeholders. They are responsible for the betterment of the company. It is utmost duty of the shareholders to buy and sale the stocks of the company and the companys growth is depending on the same. Apart from this, the shareholders are take participate into the annual meetings and play an important role in the appointment of the directors. The director of a company has also such duties towards the shareholders. This is the utmost duty of the director to secure the interest of the shareholders. The company always try to engage the shareholders in the companys management. Reason for provided benefits to the shareholders: There are certain reasons that clarify the question why the shareholders interest should be keep before all other stakeholders. There are certain functions of the shareholders that placed them a higher post. They take an active participation regarding the appointment of the director and the external auditor. If there is any necessity regarding the changes in the provision of the corporation. Even, in case of the changes regarding the constitutional changes, the shareholders are actively participated in the same. It has been mentioned earlier that the shareholders purchase the stocks of a company. Therefore, the assets of the company are very much depending on them. Duty of the director: A director of a company owes certain duties regarding their posts and the statute of law mentions that. It is the primary duty of the directors to be loyal to the company and retain a good faith over the same. In Australia, the directors have some fiduciary duties that are to be maintained by them. These duties include good faith; avoid any conflicts regarding the interest of the company with others, and not to misuses their power in any illegal way. The duties of the directors are codified under the law. As such there are sufficient provision regarding the violation of such duties. Sometimes, there can be certain conflictions regarding the interest between the company and the shareholders are to be seen. The most common difference is that the shareholders are opted for the short-term gain whereas the companies are concentrating on the long-term process. Therefore, the directors should have to tackle the same with necessary actions. However, to maintain a perfect working atmosphere, it is important for the directors to communicate with the shareholders in an effective way. A director must show loyalty to the shareholders with a view to create a friendly relationship with them. He must maintain a standard of care in case of the shareholders (Hiller, 2013). He should not misbehave with the shareholders and let them informed about every meeting. Shareholders are actively take part in the meetings. Even, if the meeting is for the appointment of new director or re-appoint the director, they should be informed in a well-mannered condition. A director should assist the shareholders with all possible way. Provision of the Corporation Act: It has been previously mentioned that the stakeholders are the most effective body in case of the administration of a company. They are liable to appoint the directors and they are also liable for the termination of the same. It is to be noted that the directors of a company have certain regarding the company and sometimes, they have to take some broad decisions for the interest of the company. The Corporation Act 2001 deals with the provision regarding the director-stakeholder relationship. Section 181(1) of the Act prescribed certain ways so that they could apply their rights and duties with good faith (Hiller, 2013). As stakeholders are a part of the company, it is clear that the future interest of them is based on the fate of the decision made by the directors. However, there are certain conflictions in this regard. As per the conception of Sheldon Leader, company is a separate legal entity and thus, the interest of the company and the stakeholders are not similar in nature. On t he other hand, Blair and Stout had expressed their views in favour of the statement that the interest of the stakeholders is depended on the company. Methodology: Methods are the systematic approach towards the conclusion of a question that how to come into a conclusion regarding the problem and how to identify the necessity of the same by making certain investigation. Investigation: In case of any research method, there are three types of proposal. They are: Exploratory, descriptive and hypothesis. In this case, the hypothesis investigation is to be made (Tricker, Tricker, 2015). The basic fact of the hypothesis research is to discuss the subject matter in concrete. The case is based on the fact that the directors liability for securing the interest of the shareholders is to be taken into consideration. It is the duty of the director to perform his duty with due care and diligence. He must act in good faith. There are certain dilemmas that have to face by the directors. The dilemmas arose during the course of business. Every shareholder wants to get maximum benefit from the company. Therefore, they are of the view to have short-term propositions from the company. On the other hand, the companies are of the view to retain the companys profit by way of long-term base propositions. The shareholders have a right to buy or sell the shares of the company. Therefore, they want to make the profit by investing money behind it, but if the company will not give them sufficient benefits, there can be a chaos arises. The term stakeholders include the director, shareholders, union, and other working staffs of the company. Among them, role of the shareholders are important, as they are responsible for the betterment of the company. The future of the economic outsource of the company depend on them. Case law: There are several cases that denotes that there is necessity to take extra care for the shareholders as they are the part of the company. In Salomon v. Salomon co. Ltd., the question was raised whether the company is a separate legal entity or not and the director should has to maintain different duty to the company or not. It was held that the company is a separate legal entity and the shareholders are a part of it. It was also held that the company is even separate from the person, who composes it. It has been stated by the court of law that the duties of the directors does not mean the duty of the company. The same precedent is applied on the facts of the MacLaine Watson v. Department of Trade and Industry. Therefore, the directors must have some duties towards the shareholders and that should be dome with highest priority. Conclusion: Therefore, from the discussion, it can be stated that there is a confliction present regarding the statement that whether the directors have responsibilities to the shareholders above other stakeholders. The courts of Australia are of the view that the companys interest is different from the shareholders interest and there is no specific duties are prescribed under the law for the interest of the shareholders. Even the Corporation Act has contained certain provision regarding the directors duty towards the shareholders. References: Allen, W. T., Kraakman, R. (2016).Commentaries and cases on the law of business organization. Wolters Kluwer law business. Boxer, R., Perren, L., Berry, A. (2016). SME managing director and non-executive director trust relations: The dynamic interplay between structure and agency.International Small Business Journal,34(3), 369-386. Brennan, N. M., Kirwan, C. E., Redmond, J. (2016). Accountability processes in boardrooms: a conceptual model of manager-non-executive director information asymmetry.Accounting, Auditing Accountability Journal,29(1), 135-164. Bunger, A. C., Collins-Camargo, C., McBeath, B., Chuang, E., Prez-Jolles, M., Wells, R. (2014). Collaboration, competition, and co-opetition: Interorganizational dynamics between private child welfare agencies and child serving sectors.Children and youth services review,38, 113-122. Chassagnon, V., Hollandts, X. (2014). Who are the owners of the firm: shareholders, employees or no one?.Journal of Institutional Economics,10(1), 47-69. Choudhury, S., Rodriguez, L., Curtis, D., Oler, K., Nordquist, P., Chen, P. Y., Ray, I. (2015, October). Action recommendation for cyber resilience. InProceedings of the 2015 Workshop on Automated Decision Making for Active Cyber Defense(pp. 3-8). ACM. Clayton, M. (2014). Who are Your Stakeholders?. InThe Influence Agenda(pp. 26-39). Palgrave Macmillan UK. de Gooyert, V., Rouwette, E., van Kranenburg, H., Freeman, E. (2017). Reviewing the role of stakeholders in Operational Research; A stakeholder theory perspective.European Journal of Operational Research. De Silva Lokuwaduge, C., Armstrong, A. (2015). The impact of governance on the performance of the higher education sector in Australia.Educational Management Administration Leadership,43(5), 811-827. Deegan, C., Shelly, M. (2014). Corporate social responsibilities: Alternative perspectives about the need to legislate.Journal of Business Ethics,121(4), 499-526. Hiller, J. S. (2013). The benefit corporation and corporate social responsibility.Journal of Business Ethics,118(2), 287-301. Khan, Y. I., Al-Shaer, E., Rauf, U. (2015, October). Cyber Resilience-by-Construction: Modeling, Measuring Verifying. InProceedings of the 2015 Workshop on Automated Decision Making for Active Cyber Defense(pp. 9-14). ACM. Pettigrew, A. M. (2014).The politics of organizational decision-making. Routledge. Too, E. G., Weaver, P. (2014). The management of project management: A conceptual framework for project governance.International Journal of Project Management,32(8), 1382-1394. Tricker, R. B., Tricker, R. I. (2015).Corporate governance: Principles, policies, and practices. Oxford University Press, USA. Walther, A., Morner, M., Calabr, A. (2017). The role of behaviorally integrated nominating committees in non-executive director selection processes.European Management Journal,35(3), 351-361.

Tony Robbins Case Essay Example For Students

Tony Robbins Case Essay Tony Robbins is considered the male parent of the life coaching Industry. He is a motivational talker who helps people build the emotional musculuss people need to accomplish their highest degree. He began with nil but his ain finding. He has preached his motivational addresss for decennaries. assisting other people to acquire to the same degree as he did. Tony Robbins reaction to the construct of Healthy tenseness would be for anything that helped actuate people to put ends for themselves in life. We will write a custom essay on Tony Robbins Case specifically for you for only $16.38 $13.9/page Order now Tony Robbins observes everyone should pull off their life and first discover psychological strength. He believes to accomplish true success in life is to be emotionally balanced. The single needs a disciplined regiment to accomplish emotional strength and to be accountable for their ain felicity. To ship on enriching religious pursuit by detecting the infinite wealths of a truly religious life. Strengthen womb-to-tomb relationships by regenerating your committedness to a household life filled with love and apprehension. He observes the single demands to make and protect new wealth for themselves by be aftering for the hereafter and achieve fiscal freedom. Increase your life with limitless verve. He patterns to believe in passion. energy and success in life requires a organic structure that is vivacious and nourished with nutritionary addendums and a weight direction plan. Last. the ability to do yourself mount to the top of your profession. To step up and prosecute your dreams of a financially and personally hearty calling. -Works Cited- Anthony Robbins Companies- WWW. tonyrobbins. com/home/home. aspx

Questions on Financial Management Essays

Questions on Financial Management Essays Questions on Financial Management Essay Questions on Financial Management Essay Essay Topic: Questions Sensitivity analysis provide information for decision makers to more informed about project sensitivities, to know the room they have for judgemental error and to decide whether they are prepared to accept the risks. During the implementation phase of the investment process the original sensitivity analysis can be used to highlight those factors which have the greatest impact on NPV. Decision makers can draw on key parameters differ significantly from the estimates. For example, this project is highly sensitive to the price of product. $50 of change can make a great impact on NPV. Managers after recognising this from the sensitivity analysis should make some plans to avoid big change of price. From sensitivity analysis of Pentre plc, we can see market size in year 2 to year 5 is more sensitive than market size in year 1. Thus the company should take more efforts to keep and extend its market share from second year. Sensitivity analysis also has many drawbacks. For example, the absence of any formal assignment of probabilities to the variations of the parameters is a potential limitation. Change of government policy, eventuality impact such as SARS. Another criticism is that each variable is changed in isolation while all other factors remain constant. For example, if inflation is higher then both anticipated selling prices and input prices are likely to be raised. b) Merits and Drawbacks of the Use of Internal Rate of Return The Internal Rate of Return (IRR) is the discount rate at which the Net Present Value (NPV) of a project equals zero. The IRR decision rule specifies that all independent projects with an IRR greater than the cost of capital should be accepted. When choosing among mutually exclusive projects, the project with the highest IRR should be selected). IRR method has many advantages that make it one of the most widely used methods for evaluating capital investments. First, the IRR makes an appropriate adjustment for the time value of money. The value of a dollar received in the first year is greater than the value of a dollar received in the second year, and even cash flows that arrive several years in the future receive some weight in the analysis. Second, the hurdle rate itself can be base on market returns obtainable on similar investments. This takes away some of the subjectivity of other analytical methods that must be made when using payback or accounting rate of return, and it allows managers to make explicit, quantitative adjustments for differences in risk across projects. Third, because the answer that comes out of an IRR is a rate of return, it is easy for both financial and nonfinancial managers to grasp intuitively. Fourth, the IRR technique focuses on cash flow rather than on accounting measures of income. Though it represents a substantial improvement over payback or accounting return analysis, the IRR technique has its own set of problems that should analysis. One common problem is the difficulty associated with its calculation. In most circumstances the IRR of a project can only be found by trial-and-error. This is because the number of periods (or cash flows) involved in the project needs to be solved to calculate the IRR. IRR is the discount rate at which the NPV of a projects cash flows in equal to zero. Since zero is a number that lies between a positive number and a negative number, IRR must lie between two discount rates. So we need to guess a starting point to perform the interpolation. The second problem is that the nature of the rule must be modified depending on whether the project under evaluation is an investing project or a financing project (e.g. borrowing money from a bank). In the case of an investment, a corporation will accept a project with a high rate of return. With a financing project, the corporation is looking for the cheapest source of finance. Hence, the decision rule for a project must be modified to take into account whether it is an investment project or a financing project. Another problem with the IRR technique arises from the fact that a rate of return does not take into consideration the size of a project. This is sometimes referred to as the problem of scale. Incorrect investment decisions could be made when applying the IRR rule, because it ignores projects sizes. QUESTION 2: Valuing Shares Year 1 2 3 4 5 Retentions 180.00 148.80 124.99 111.97 116.17 Retention ratio 60% 40% 30% 25% 25% Incremental earnings 72 44.64 31.25 16.80 Incremental earnings ratio 40% 30% 25% 15% Profit 300.00 372.00 416.64 447.89 464.68 Dividend paid 120.00 223.20 291.65 335.92 348.51 g = retention rate * return on investment = 25% * 15% = 3.75% a) i. Dividend model V4 = D5 / (r g) = 348.51 / (15%-3.75%) = 3097.87 V0 = 120*0.8696+223.2*0.7561+291.65*0.6575+335.92*0.5718+3097.87 *0.5718 = 104.35+168.76+191.76+192.08+1771.36 = 2428.31 a) ii. Earnings based model E * 1/15% = 3001/15% = $2000 Vt = 180*0.8696 + 148.8*0.7561 + 124.99*0.6575 + 111.97*0.5718 = 156.53+112.51+82.18+64.03 =$415.25 R5 / (r g) * 0.5718 = 116.17 / (15%-3.75%) * 0.5718 = 590.45 V0 = 2000 + 415.25+ 590.45 = 3005.7 a) iii. Assumptions There are no taxes. The absence of corporate income taxes is assumed. There are no costs of financial distress. For example, there are no transactions costs, and all securities are infinitely divisible. There are no asymmetries of information. It implies that the expected values of the probability distributions of expected operating earnings for all future periods are the same as present operating earnings. The investment and operating policies of the firm are given and investors are assumed to be rational and to behave accordingly. b) Price earnings ratio A price-earning ratio is a commonly used way to simplistically value a company, determine what a companys stock should be worth. It is also known as P/E, is calculated by dividing the companys stock price by the companys earnings per share, or EPS. The P/E ratio gives an indication of how many times shareholders paying for a companys stock compares a companys earnings. P/E ratios can be used to compare against other companies, or against a companys own historical P/E ratio. Investors usually are willing to pay a higher P/E for companies they judge will be growing faster than the norm even though they do not pay those earnings out in dividends but retain them to fund future growth. If that growth is realized, the price of the companys stock usually grows faster than the overall stock price of the slower growth or higher dividend paying company. However, if estimated earnings are not realized or the stock market itself loses favor with the investor, such as higher interest rates attracting investment capital, the downside potential is greater as well. The risk is not just the ability of the company to create profits, but the investment risk in the higher price you paid relative to earnings. OSIM International LTD FY2003 Dec FY2002 Dec FY2001 Dec FY2000 Dec Adjusted EPS (Earnings/Current no. of Shares) $0.05387 $0.03836 $0.02997 $0.02113 P/E Ratio (Current price/Adjusted EPS) 18.93 26.59 34.03 48.27 listedcompany.com/ir/osim/web/stock.cgi OSIM is a global leader in healthy lifestyle products. It is the leading Asian brand for healthy lifestyle products. OSIMs P/E ratio decreased in the four years though the EPS increased rapidly. This means investors predict companys future isnt as good as former years. The price is going down, but the risk is lower than before. However, this is also a good growth stock for those who can buy and hold for further growth including bonus issues which the company had given every few years because healthy lifestyle products has a good outlook in the future. Brilliant Manufacturing Limited. FY2003 Sept FY2002 Sept FY2001 Sept FY2000 Sept Adjusted EPS (Earnings/Current no. of Shares) $0.04622 $0.01526 $0.00350 0.01327 P/E Ratio (Current price/Adjusted EPS) 12.98 39.32 171.43 45.21 listedcompany.com/ir/brilliant/web/stock.cgi? Brilliant Manufacturing produces precision machining of 5.25 floppy disk drive aluminium housing for Tandon in Singapore. After the acquisition of Tandon by Western Digital, The Company grew substantially from servicing Western Digital to other valued customers in the Hard Disk Drive (HDD) sector. P/E ratio decreased rapidly from 2002, this is because the boom of computer and internet industry in 2001. Stepped to 2003, due to the down results for the financial year, P/E ratio dropped quickly from 39 to 13 but the earnings also increased almost 4 times last year. That means the investment is worth and the company is still earning profits. Giant Wireless Technology FY2004 Mar FY2003 Mar FY2002 Mar FY2001 Mar Adjusted EPS (Earnings/Current no. of Shares) $0.02283 $0.02825 $0.02638 $0.02751 P/E Ratio (Current price/Adjusted EPS) 14.89 12.04 12.89 12.36 listedcompany.com/ir/giant/web/stock.cgi? Since commencing its operations in 1988, Giant Wireless Technology has grown to become a leading developer and manufacturer of wireless telecommunications solutions and electronics products for the U.S., Europe and China markets. Though the EPS decreased from FY2003 to FY2004, the P/E ratio increased 2 percent. This means investors give a high prediction to company. They willing to pay a higher P/E for company, judge company will be growing faster than the norm even though they do not pay those earnings out in dividends but retain them to fund future growth. If that growth is realized, the price of the companys stock usually grows faster than the overall stock price of the slower growth or higher dividend paying company. QUESTION 3: Financing Decisions a)i. earning per share Current Proposed Assets Debt (9%) Equity Market Value/Share Shares outstanding EBIT Interest Tax (30%) Return on equity(Earnings after Interest ;Tax) $1680m 0 $1680m $4 420m $300m 0 $90m $210m $1680m $600m $1080m $4 270m $300m $54m $73.8m $172.2m Earning per share(EPS) $0.5 $0.64 a)ii. Level of earning at which EPS will be same Current Proposed Assets Debt (9%) Equity Market Value/Share Shares outstanding EBIT Interest Tax (30%) Return on equity(Earnings after Interest ;Tax) $1680m 0 $1680m $4 420m 0 EBIT*30% ? $1680m $600m $1080m $4 270m $54m (EBIT-54)*30% ? Earning per share(EPS) $0.5 $0.5 EBIT 0 EBIT*30% = EBIT 54 (EBIT-54)*30% 420 270 EBIT = 151.2 b) Discuss some of the factors that are likely to limit the amount of debt that a company is likely to want to employ in its financing. Company is financed by ordinary shares (equity) or debt. Generally, debt has a cheaper direct cost than equity. There are two distinct reasons for this: ; Debt has low risk results in a low required return. Thus, company can reduce the cost of financing. ; Interest can be paid before taxation, whereas dividends are not. However, borrowing isnt perfect. To determining how much debt to use, corporate should first consider taxes. The government allow corporations to deduct interest payments from income before taxation, this essentially subsidizes dollar paid in interest. But any borrowing at all will cause the cost of equity capital to rise, offsetting the cheap direct cost of debt. Financial distress may also keep firms from loading up on debt. Explicit financial distress costs include the payments made to lawyers, accountants, and so on. they reduce the cash flows that will eventually be paid to the bondholders and stockholders. Clearly, investors would prefer that firms stay out of financial distress so that these losses are not incurred. Corporations must also consider the indirect costs of bankruptcy. As the firm takes on more and more debt, the probability of bankruptcy increases. This cause the firm will not be able to meet interest payments in any given year and will be forced into default goes up as the amount of debt and corresponding interest increases. It includes the costs of low inventories, higher costs of inputs from suppliers who fear the company might not pay its bills next month, and the loss of customers who desire a long-term relationship with the firm. These costs prevent firms from maintaining exceptionally high levels of debt. A fourth factor limiting the use of debt is desire for control by current shareholders. MM theory in a 1976 article, noted differences between the firm that is 100 percent manager owned and one where the equity is owned partially by managers and partially by outsiders. The managers should run the firm to maximize its value. But managers may not implement their decisions because of the control of shareholders. On the other hand, debtors cannot control the firms management that is advantaged. Availability of assets for pledge also limits the use of debt. In order to ensure its security of loan, bank always acquires pledges from the company and this kind of pledges should be easy to be realized. If the company lack of assets that can be used as pledges, it must be difficult to raise money as debt. When a company starts to borrow, the advantages always go with the disadvantages. In order to minimize the cost of capital and maximize the earning, company should consider above-mentioned factors carefully to gain benefits from financial leverage. c) Dividend Payment Policies 1. residual dividend pay dividend only if more earnings available than are needed to support optimal capital budget NTUC Income Shares 1999 ; 2000 6% each year 2001 5% 2002 3.5% 2003 5% Its dividend policy is to reward shareholders for investment earnings on their capital, which is used to back our business. Dividends are declared on all shares held during the financial year and are based on their business performance during the year. It is declared at the Annual General Meeting and is credited directly to your bank account. Dividend is payable in full on shares held for a duration of 12 calendar months during the financial year and on a pro-rated basis on shares held for less than 12 months. google.com.sg/search?q=cache:XweOBesthMcJ:incnet.income.com.sg/uishare/main.aspx+dividend+policy;hl=en 2. stable growth rate set target growth rate for dividend and strives to increase dividend by that amount every year ACOM CO., LTD. (Tokyo Stock Exchange) ACOMs dividend policy is to provide shareholders with stable dividend growth. Dividends for the fiscal year under review included an amount equivalent to the commemorative dividends paid last year in the interim and year-end dividends as well as a à ¯Ã‚ ¿Ã‚ ½5.00 per share increase in the term-end dividend, to à ¯Ã‚ ¿Ã‚ ½22.50. Consequently, the total year dividend for fiscal 1998 was à ¯Ã‚ ¿Ã‚ ½40.00 per share, a rise of à ¯Ã‚ ¿Ã‚ ½5.00 from the previous year. This represents a payout ratio of 13.3% and a 2.0% dividend on equity. www.c-direct.ne.jp/english/ divide/10108572/8572_98/8572e_02.pdf 3. Constant payout pay certain amount of earnings as dividends (or pay a constant $ amount each year). Neptune Orient Lines (NOL) NOL is a global transportation company, with core businesses involved in container transportation and supply chain management. NOL intends to maintain an annual dividend of 8 Singapore cents per share net, or a full year dividend payout of 20% of net profits, whichever is higher. In line with this policy, the Board of Directors has declared an interim dividend of 7 Singapore cents per share net (8.75 cents gross). This dividend is issued out of existing Section 44 tax credits and is payable on 30 August 2004. nol.com.sg/newsroom/04news/040727.html 4. low regular dividend plus extra pay a low regular dividend and an extra at the end of the year (depending on the earnings performance that year) SINGAPORE Exchange (SGX) July 30, 2004 SGX proposed a final dividend of 4.075 cents per share and a special dividend of 6.5 cents, bringing the total payout for FY04 to 13.5 cents per share. It paid 40.5 cents per share in dividends last year, including a special 34-cent dividend from the liquidation of assets. http://business-times.asia1.com/story/0,4567,124036,00.html

Leading virtual teams in today's work force Term Paper

Leading virtual teams in today's work force - Term Paper Example The purpose is the most significant aspect holding them together and is defined in various steps of action, individual tasks and common goals. This paper will discuss the evolution of virtual teams, the technology used for their successful operation, how to lead them effectively and opinions on why having them is agreeable. Implementing team collaboration in a virtual working space has an assortment of unique challenges (Konetes & Wiggins, 2009). However, apart from the telephone, there are various technological advances available to fulfill this goal. With an array of communication tools, the internet serves as the most suitable medium (Konetes & Wiggins, 2009). Below is a description of a few of them. Google docs It provides free online management of documents and spreadsheets with a Gmail or Google Account. The spreadsheet feature is handy for several employees working on a spreadsheet at the same time and enables collaborative editing of documents. This tool can be used in domain management, payroll coverage, financial reports, directory lists and ranking reports (Carmel & Espinosa, 2011). Time Doctor It is highly efficient in monitoring how time is spent. It can be used to track personal or team time (Carmel & Espinosa, 2011). ... It is a significant tool in monitoring attendance, to do lists, application usage monitoring and automatic timesheets. Jing Project This tool allows virtual team members to capture a screen or video on their desktops (Carmel & Espinosa, 2011). Comments, explanations and voice recordings, can be added to the screen captures. These can then be uploaded to software that converts them into simple links accessible by all team members. It is useful in communicating with developers and designers, where there is a need to explain requirements and changes. It also serves as a substitute when screen sharing is limited by differences in time zones (Carmel & Espinosa, 2011). This tool also allows users to record their screens. Drop Box This is a file sharing tool (Lipnack & Stamps, 1999). When new content is added to the Drop Box folder, it automatically updates all other team members that the file had been shared with, or even another computer a member might be using at home. Drop box can be us ed to back up documents, passwords and images, share training material, file access from multiple computers and file exchange with clients (Lipnack & Stamps, 1999). Freshbooks This is a web based, easy to setup, invoicing application. It allows employees to add time to company invoices. It is useful in management of billable timesheets, invoicing sales and creating estimates (Konetes & Wiggins, 2009). The advent of telecommuting fueled the evolution of virtual work teams. This was coupled with the need to integrate skills and knowledge across the globe to achieve desired organizational goals. There is also the significant aspect of achieving the goals without having to physically move both human and technological resources. This is