Essay --

The play â€Å"An Enemy of the People† focuses on the truth and how different characters expose their outlook about it. Each of the characters are enthused by diverse things, so intern, they act in certain ways. Consequently, they end up in battles due to their differing opinions about the truth of the water. For example, Mayor Peter Stockmann acts in more aggressive way, because he’s motivated financially. Doctor Thomas Stockmann attempts to uncover the truth because of his worry of the public’s well-being and because he trusts that he’s doing the correct thing. Katherine supports Doctor Stockmann because she’s inspired by family and faithfulness towards her husband. Hovstad, a political radical, yet very corrupt as he enjoys stirring up drama as long as he isn’t directly involved. Everyone’s motivated by different things that are important to them, whether they are right or wrong they’re persistent in their beliefs. Mayor Stockmann had to disregard the reality because of money. Cash played a big role which moved Peter Stockmann to neglect the condition of the Baths therefore ending up in a battle with his brother Doctor Stockmann. Ever since the town added it, much income from the Baths, the Mayor didn’t want to uncover the truth to the public. Mayor Stockmann made the remark. â€Å"Of course it will be necessary to raise a municipal loan† (Ibsen 55), this proves that he’s being covetous and implying that at times, its most appropriate to hide the truth because individuals will get annoyed and attempt to repair the problem. Nonetheless, fixing the issue will take much finance and the Mayor’s awfully worried about money and reputation. He refused to put time and money in fixing the pipelines in the Baths so he chose to hide the truth and ... ...Stockmann, Doctor. Thomas Stockmann, Katherine and Hovstad all trust that what they’re doing is right and they feel that they must defend their ideas. Sadly to say, but Mayor Stockmann’s motivation is solely based upon money, Dr. Thomas Stockmann’s inspiration is morally the truth, Katherine is worried about the protection of the family, and Hovstad, just want to play both sides of the fences, because he is scared to be in the minority and afraid of the Mayor. These inspirations help each person to advance and form their character and disposition as the play continues. I feel that, it was very interesting to see how people will act in order to make themselves look good to the crowd. Even if it is the truth, and there is one person standing for truth and one hundred standing for a lie, people will sacrifice and be happy to be with the lie, because it is more people.

Business Finance

Multinational Business Finance, 12e (Eiteman, et al) Chapter 1 Globalization and the Multinational Enterprise 1. 1 Globalization and Creating Value in the Multinational Enterprise Multiple Choice 1) Which of the following are critical to a firm trying to reach the top of the â€Å"firm value pyramid†? A) An open market place. B) High quality strategic management. C) Access to capital. D) all of the above Answer: A Diff: 2 Topic: 1. 1 Globalization and Creating Value in the Multinational Enterprise Skill: Conceptual 2) A well-established, large U.S. -based MNE will probably NOT be able to overcome which of the following obstacles to maximizing firm value? A) An open market place. B) High quality strategic management. C) Access to capital. D) none of the above Answer: D Diff: 2 Topic: 1. 1 Globalization and Creating Value in the Multinational Enterprise Skill: Recognition 3) A well-established, large China-based MNE will probably be most adversely affected by which of the follow ing elements of firm value? A) An open marketplace. B) High-quality strategic management. C) Access to capital.D) Access to qualified labor pool. Answer: A Diff: 2 Topic: 1. 1 Globalization and Creating Value in the Multinational Enterprise Skill: Conceptual 4) A well-established, large, Brazil-based MNE will probably be most adversely affected by which of the following elements of firm value? A) An open marketplace. B) High-quality strategic management. C) Access to capital. D) Access to qualified labor pool. Answer: C Diff: 2 Topic: 1. 1 Globalization and Creating Value in the Multinational Enterprise Skill: Conceptual True/False ) Three necessary conditions for a firm to reach the top of the â€Å"firm value pyramid† are an open market place, high quality strategic management, and access to capital. Answer: TRUE Diff: 1 Topic: 1. 1 Globalization and Creating Value in the Multinational Enterprise Skill: Conceptual 2) Comparative advantage is one of the underlying principles driving the growth of global business. Answer: TRUE Diff: 1 Topic: 1. 1 Globalization and Creating Value in the Multinational Enterprise Skill: Recognition Essay 1) List and explain three strategic motives why firms become multinationals and give an example of each.Answer: The authors provide 5 strategic motives for firms to become multinationals: market seekers, raw materials seekers, production efficiency seekers, knowledge seekers, and political safety seekers. Market seekers are looking for more consumers for their products such as automobiles or steel. Knowledge seekers may be looking for an educated work force similar to the way firms seeking R and D set up shop in university towns. Raw materials seekers may be after commodities such as oil or copper. Production efficiencies may occur in countries like Mexico that have capable workers and lower wages.Political safety seekers are looking for countries that will not expropriate their assets, so they may stay away from countries that in the post have engaged in such activities. Diff: 3 Topic: 1. 1 Globalization and Creating Value in the Multinational Enterprise Skill: Conceptual 1. 2 The Theory of Comparative Advantage Multiple Choice 1) The theory that suggests specialization by country can increase worldwide production is ________. A) the theory of comparative advantage B) the theory of foreign direct investment C) the international Fisher effect D) the theory of working capital managementAnswer: A Diff: 2 Topic: 1. 2 The Theory of Comparative Advantage Skill: Recognition 2) Which of the following is NOT a reason governments interfere with comparative advantage? A) Governments attempt to achieve full employment. B) Governments promote economic development. C) National self-sufficiency in defense-related industries. D) All are reasons governments interfere with comparative advantage. Answer: D Diff: 2 Topic: 1. 2 The Theory of Comparative Advantage Skill: Recognition 3) Which of the following factors of p roduction DO NOT flow freely between countries? A) Raw materialsB) Financial capital C) (Non-military) Technology D) All of the above factors of production flow freely among countries. Answer: A Diff: 1 Topic: 1. 2 The Theory of Comparative Advantage Skill: Recognition 4) Which of the following would NOT be a way to implement comparative advantage? A) IBM exports computers to Egypt. B) Computer hardware is designed in the United States but manufactured and assembled in Korea. C) Water of the greatest purity is obtained from wells in Oregon, bottled, and exported worldwide. D) All of the above are examples of ways to implement comparative advantage.Answer: D Diff: 2 Topic: 1. 2 The Theory of Comparative Advantage Skill: Conceptual 5) Of the following, which would NOT be considered a way that government interferes with comparative advantage? A) Tariffs. B) Managerial skills. C) Quotas. D) Other non-tariff restrictions. Answer: B Diff: 2 Topic: 1. 2 The Theory of Comparative Advantage Skill: Recognition True/False 1) The theory of comparative advantage owes it origins to Ben Bernanke as described in his book The Wealth of Bankers. Answer: FALSE Diff: 1 Topic: 1. 2 The Theory of Comparative Advantage Skill: Recognition ) International trade might have approached the comparative advantage model in the 19th century, and it does so even more today. Answer: FALSE Diff: 2 Topic: 1. 2 The Theory of Comparative Advantage Skill: Conceptual 3) Comparative advantage shifts over time as less developed countries become more developed and realize their latent opportunities. Answer: TRUE Diff: 2 Topic: 1. 2 The Theory of Comparative Advantage Skill: Recognition 4) Comparative advantage in the 21st century is based more on services and their cross border facilitation by telecommunications and the Internet.Answer: TRUE Diff: 1 Topic: 1. 2 The Theory of Comparative Advantage Skill: Recognition 5) Comparative advantage was once the cornerstone of international trade theory, but tod ay it is archaic, simplistic, and irrelevant for explaining investment choices made by MNEs. Answer: FALSE Diff: 2 Topic: 1. 2 The Theory of Comparative Advantage Skill: Recognition 1. 3 What Is Different about Global Financial Management? Multiple Choice 1) Which of the following domestic financial instruments have NOT been modified for use in international financial management? A) Currency options and futures.B) Interest rate and currency swaps. C) Letters of credit. D) All of the above are domestic financial instruments that have also been modified for use in international financial markets. Answer: D Diff: 2 Topic: 1. 3 What Is Different about Global Financial Management? Skill: Recognition True/False 1) MNEs must modify finance theories like cost of capital and capital budgeting because of foreign complexities. Answer: TRUE Diff: 2 Topic: 1. 3 What Is Different about Global Financial Management? Skill: Recognition 1. 4 Market Imperfections: A Rationale for the Existence of the Multinational FirmMultiple Choice 1) In determining why a firm becomes multinational there are many reasons. One reason is that the firm is a market seeker. Which of the following is NOT a reason why market seeking firms produce in foreign countries? A) Satisfaction of local demand in the foreign country. B) Satisfaction of local demand in the domestic markets. C) Political safely and small likelihood of government expropriation of assets. D) All of the above are market-seeking activities. Answer: C Diff: 2 Topic: 1. 4 Market Imperfections: A Rationale for the Existence of the Multinational Firm Skill: Recognition ) ________ investments are designed to promote and enhance the growth and profitability of the firm. ________ investments are designed to deny those same opportunities to the firm's competitors. A) Conservative; Aggressive B) Defensive; Proactive C) Proactive; Defensive D) Aggressive; Proactive Answer: C Diff: 2 Topic: 1. 4 Market Imperfections: A Rationale for the Existen ce of the Multinational Firm Skill: Recognition True/False 1) For firms competing in a world characterized by oligopolistic competition, strategic motives can be subdivided into proactive and defensive investments. Answer: TRUEDiff: 1 Topic: 1. 4 Market Imperfections: A Rationale for the Existence of the Multinational Firm Skill: Recognition 2) Defensive measures are designed to enhance growth and profitability of the firm itself. Answer: FALSE Diff: 1 Topic: 1. 4 Market Imperfections: A Rationale for the Existence of the Multinational Firm Skill: Recognition 1. 5 The Globalization Process Multiple Choice 1) The phase of the globalization process characterized by imports from foreign suppliers and exports to foreign buyers is called the A) domestic phase. B) multinational phase. C) international trade phase.D) import-export banking phase. Answer: C Diff: 2 Topic: 1. 5 The Globalization Process Skill: Recognition 2) The authors describe the multinational phase of globalization for a firm as one characterized by the A) ownership of assets and enterprises in foreign countries. B) potential for international competitors or suppliers even though all accounts are with domestic firms and are denominated in dollars. C) imports from foreign suppliers and exports to foreign buyers. D) requirement that all employees be multilingual. Answer: A Diff: 2 Topic: 1. 5 The Globalization Process Skill: Recognition ) A firm in the International Trade Phase of Globalization A) makes all foreign payments in foreign currency units and all foreign receipts in domestic currency units. B) receives all foreign receipts in foreign currency units and makes all foreign payments in domestic currency units. C) bears direct foreign exchange risk. D) none of the above Answer: C Diff: 2 Topic: 1. 5 The Globalization Process Skill: Conceptual 4) Of the following, which was NOT mentioned by the authors as an increase in the demands of financial management services due to increased globalization b y the firm?A) Evaluation of the credit quality of foreign buyers and sellers. B) Foreign consumer method of payment preferences. C) Credit risk management. D) Evaluation of foreign exchange risk. Answer: B Diff: 2 Topic: 1. 5 The Globalization Process Skill: Recognition 5) Of the following, which was NOT mentioned by the authors as an increase in the demands of financial management services due to increased globalization by the firm? A) Evaluation of the credit quality of foreign buyers and sellers. B) Foreign consumer method of payment preferences. C) Credit risk management.D) Evaluation of foreign exchange risk. Answer: B Diff: 2 Topic: 1. 5 The Globalization Process Skill: Recognition 6) The authors describe the multinational phase of globalization for a firm as one characterized by the A) ownership of assets and enterprises in foreign countries. B) potential for international competitors or suppliers even though all accounts are with domestic firms and are denominated in dollars . C) imports from foreign suppliers and exports to foreign buyers. D) requirement that all employees be multilingual. Answer: A Diff: 2 Topic: 1. 5 The Globalization ProcessSkill: Recognition 7) The twin agency problems limiting financial globalization are caused by these two groups acting in their own self-interests rather than the interests of the firm. A) Rulers of sovereign states and unsavory customs officials. B) Corporate insiders and attorneys. C) Corporate insiders and rulers of sovereign states. D) Attorneys and unsavory customs officials. Answer: C Diff: 2 Topic: 1. 5 The Globalization Process Skill: Recognition True/False 1) Typically, a firm in its domestic stage of globalization has all financial transactions in its domestic currency.Answer: TRUE Diff: 1 Topic: 1. 5 The Globalization Process Skill: Conceptual 2) Typically, a â€Å"greenfield† investment abroad is considered a greater foreign investment having a greater foreign presence than a joint venture with a foreign firm. Answer: TRUE Diff: 1 Topic: 1. 5 The Globalization Process Skill: Recognition 3) The authors argue that financial inefficiency caused by influential insiders may prove to be an increasingly troublesome barrier to international finance. Answer: TRUE Diff: 2 Topic: 1. 5 The Globalization Process Skill: Conceptual

Case Study Report: Odi

Case Study Report: Optical Distortion, Inc. (A) For the three types of chicken farms, the appealing and unappealing characteristics of using ODI contact lens are presented as below. When it comes to appealing characteristics, the three types of chicken farms are the same: less cannibalism, less feed cost, and less the temporary weight loss and the retardation of egg production. From the perspective of cannibalism, which is originally 25% showed in experience, flock mortality is reduced to an average of 4. 5% when ODI lens are used .On the contrary, the debeaking makes the mortality for cannibalism from 25% to only 9% , which is higher than contact lenses used. In other words, farmers can save more 4. 5% (9% minus 4. 5%) chickens in their farm. On the other words, farmers can save $2. 40(price of per hen)*4. 5%*the number of chickens in the farm. From the perspective of less feed cost, the debeaking chicken only can eat the feed in the trough at least 3/8† deep, while the ODI le ns used chicken only can eat the feed in the trough below 3/8†deep.At $158 per ton for chicken feed, this would represent considerable annual savings, especially for large farms. From the perspective of less the temporary weight loss and the retardation of egg production, because the fewer cannibalism and the trauma resulting, farmer can get more eggs. When it comes to unappealing characteristics, the details are as below. Farm Types| Unappealing Characteristics|Small Farms| Labor cost| Lens cost| The number of birds are too small to use the new technology| Medium Farms| Yearly cash flow is only $375,000| The melting point of the hydrophilic polymer is very close to the sterilization temperature| Not reused and the lens cost| Large Farms| Not reused| Lens cost| The melting point of the hydrophilic polymer is very close to the sterilization temperature| As regards geographic areas, ODI should focus its efforts on California. Given the density of large farms n California (flock size of 50,000 or greater), it seems prudent not only to perform the initial product introduction there but to focus the entire first year of business in this single West Coast state. The first year’s planned production volume is approximately 20 million, essentially the same as California’s chicken population. Success in this region could later force farms in other states to implement the lens simply as a means of staying competitive. As regards target segment, it would seem that the focus should be initially on farms with a flock size of 50,000 and over, which means the large farms.Since this would limit the overhead (fixed costs) needed to service these accounts (fewer sales and technical experts required). Also, by focusing on large farms, the sales team could interface with the farms directly, and there would be no need for a â€Å"middle man† to be involved in product distribution. Avoiding this intermediary would help keep costs down. For ODI, pricing con siderations for a pair of lenses are as below. Item| Fixed Cost| Advertising in Trade Publications| $100,000| Headquarters Expenses| $184,000(for volume of 20 million pair)| Regional Office and Warehouse| $196,000|Costs of Molds| $12,000 x 3 = $36,000 (3 molds are needed to produce 21,600,000 pair annually)| Licensing Agreement with New World Plastics| $25,000 (per year, must be paid for first and second year of production)| Item| Variable Cost| per pair of lenses| $0. 032| ODI Cost(per year): TC=FC+MC TOTAL COST=[($100,000 + $184,000 + $196,000 + $36,000 + $25,000)/(50% of 475600000)]+0. 032=$0. 055 (5. 5 cent) per pair Farmers Saving when using ODI lens(per year): Item| Saving| Less Mortality| $2. 40*(9%-4. 5%)=0. 108| Less retardation of egg production| 0. 3/12=0. 044| Less feed cost| (0. 2446-0. 2368)*3/8*($158/2000)*365=0. 084| TOTAL SAVING=$0. 108+$0. 044+$0. 084=$0. 236(23. 6cent) The minimum price that ODI considered is 8 cent per pair, so the price stage is from 8 cent to 2 3. 6 cent, and the ODI should adopt the price policy on entry which is set the price near 23. 6 cent per pair. For the realistic goal for ODI by 1978 is the 50 percent penetration of such farms, when means ODI wants to reach the 50 percent of 470. 8 million pairs, that is, 235. 4 million pairs of lens be sold and used in the farms. Case Study Report: Odi Case Study Report: Optical Distortion, Inc. (A) For the three types of chicken farms, the appealing and unappealing characteristics of using ODI contact lens are presented as below. When it comes to appealing characteristics, the three types of chicken farms are the same: less cannibalism, less feed cost, and less the temporary weight loss and the retardation of egg production. From the perspective of cannibalism, which is originally 25% showed in experience, flock mortality is reduced to an average of 4. 5% when ODI lens are used .On the contrary, the debeaking makes the mortality for cannibalism from 25% to only 9% , which is higher than contact lenses used. In other words, farmers can save more 4. 5% (9% minus 4. 5%) chickens in their farm. On the other words, farmers can save $2. 40(price of per hen)*4. 5%*the number of chickens in the farm. From the perspective of less feed cost, the debeaking chicken only can eat the feed in the trough at least 3/8† deep, while the ODI le ns used chicken only can eat the feed in the trough below 3/8†deep.At $158 per ton for chicken feed, this would represent considerable annual savings, especially for large farms. From the perspective of less the temporary weight loss and the retardation of egg production, because the fewer cannibalism and the trauma resulting, farmer can get more eggs. When it comes to unappealing characteristics, the details are as below. Farm Types| Unappealing Characteristics|Small Farms| Labor cost| Lens cost| The number of birds are too small to use the new technology| Medium Farms| Yearly cash flow is only $375,000| The melting point of the hydrophilic polymer is very close to the sterilization temperature| Not reused and the lens cost| Large Farms| Not reused| Lens cost| The melting point of the hydrophilic polymer is very close to the sterilization temperature| As regards geographic areas, ODI should focus its efforts on California. Given the density of large farms n California (flock size of 50,000 or greater), it seems prudent not only to perform the initial product introduction there but to focus the entire first year of business in this single West Coast state. The first year’s planned production volume is approximately 20 million, essentially the same as California’s chicken population. Success in this region could later force farms in other states to implement the lens simply as a means of staying competitive. As regards target segment, it would seem that the focus should be initially on farms with a flock size of 50,000 and over, which means the large farms.Since this would limit the overhead (fixed costs) needed to service these accounts (fewer sales and technical experts required). Also, by focusing on large farms, the sales team could interface with the farms directly, and there would be no need for a â€Å"middle man† to be involved in product distribution. Avoiding this intermediary would help keep costs down. For ODI, pricing con siderations for a pair of lenses are as below. Item| Fixed Cost| Advertising in Trade Publications| $100,000| Headquarters Expenses| $184,000(for volume of 20 million pair)| Regional Office and Warehouse| $196,000|Costs of Molds| $12,000 x 3 = $36,000 (3 molds are needed to produce 21,600,000 pair annually)| Licensing Agreement with New World Plastics| $25,000 (per year, must be paid for first and second year of production)| Item| Variable Cost| per pair of lenses| $0. 032| ODI Cost(per year): TC=FC+MC TOTAL COST=[($100,000 + $184,000 + $196,000 + $36,000 + $25,000)/(50% of 475600000)]+0. 032=$0. 055 (5. 5 cent) per pair Farmers Saving when using ODI lens(per year): Item| Saving| Less Mortality| $2. 40*(9%-4. 5%)=0. 108| Less retardation of egg production| 0. 3/12=0. 044| Less feed cost| (0. 2446-0. 2368)*3/8*($158/2000)*365=0. 084| TOTAL SAVING=$0. 108+$0. 044+$0. 084=$0. 236(23. 6cent) The minimum price that ODI considered is 8 cent per pair, so the price stage is from 8 cent to 2 3. 6 cent, and the ODI should adopt the price policy on entry which is set the price near 23. 6 cent per pair. For the realistic goal for ODI by 1978 is the 50 percent penetration of such farms, when means ODI wants to reach the 50 percent of 470. 8 million pairs, that is, 235. 4 million pairs of lens be sold and used in the farms.

Ray Rice vs. Solange and Jay Z

Violence against one another is not okay either way male or female. The Ray Rice, Jay Z and Collagen incident happened the exact same way Just the opposite sex. This fight within the celebrities had the world talking. â€Å"What Happened? Or is there sound to hear what they're sallying The reason this has an effect on our culture Is because both Jay Z and Ray Rice are huge role models to people. In the music Industry Jay Z Is a role model to people because people want to be just like him.Ray Rice is the man n the NFG and he has people that want to play in the league and that look up to him as their favorite player. The difference between the videos is that one is a male and one is a female whiffs doing the hitting. No one knows what really happened or what caused the fight they Just see hitting. Now since Collagen was hitting Jay Z people didn't make It a big deal, some of the peoples comments were â€Å"Collagen got them hands! Or She can fight! † people were basically worsh ipping her, not understanding that she was attacking him. What if he would have swung back?Then Jay z would have been labeled as a woman beater, but instead he didn't he Just kept moving her. In the middle of everything I still am trying to figure out why Beyond didn't do anything. Instead of people understanding that Collagen is a woman and not hitting her was the right thing to do, people are saying he's a female dog and a vagina. All of this Is because he has respect not only for women but his wife, by not hitting her sister. One thing I did find interesting while researching is that some reporters say he reason Collagen went off like that is because she found out Jay Z has been hitting Beyond.Beyond has a song out and in this song one of her lyrics say sit goes down when it's a billion dollars on an elevator. † Shocker that happened, could that be the reason Beyond wasn't fighting back? Now Ray Rice and his fiancà ©Ã‚ ©e, that whole video was disrespectful to start. Not o nly did he spit on her while she was walking past but he did It again when he got on the elevator. For Ray Rice to do something like that shows that he has no respect for any woman. One person comment was â€Å"l onto care how mad you get never spit on a lady then put your hands on her! ESP. better known as Sports Center was going crazy. Ray Rice was the trending topic all day. He ended up getting suspended and his wife ended up staying with him. She caused all that drama to be right back with him. Some people still call her a Gold- digger, because she Just wants his money. The fight between Ray Rice and his fiancà ©Ã‚ ©e grabbed more attention in the media and throughout the world because he's a football athlete. He has his whole football career ahead of him and he almost threw it al away over hitting a woman.I remember watching ESP. and one of the reporters stated, â€Å"Was he drunk? Does he know what could happen to him? † Number three of media literacy is the ability t o distinguish emotional from reasoned reactions when responding to content and to act accordingly. The emotional part was watching his sympathy for her. In closing, both fights were wrong, both fights shouldn't have happened, but everyone has their problems. No one knows everyone's problems but when you're a star or a celebrity, there is no private life.

Goods That Must Be Provided by the Government Essay

Public goods are good that have two special characteristics-non excludable and non-rivalable. Non-rivalable means that consume the goods of one person do not influence the consumption of others, of example traffic light, when a person use the traffic light, the quanlity of the light do not decrease, other can also use the goods under the same quanlity. Non-excludable means that every one can use the goods, nobody is exclude from using the goods, for example, national defences, no one is unprotectable when they are in the country. Merit goods are goods that are under provided because of lack of information. Individual do not appreciate the benefit that will occur, these goods should be provided in a greater quantity. For example, museums, education there are lots of benefit to consume them. People can gets more knoeledge there and this is not only benefit for themselves but also people around and the society, the suicides may decrease and people with eider knowledge entered in works will make the process efficiency. So it is clearly that public good are goods that is under provided but this does not means that it only provided by government. They can provided by the market mechanism but to make more available the government provides them, subsidizes them or leigislates to make consumption compulsory, and for public goods they suffer from the free rider problem, if asked whether they would pay for them, households would lie and say because once provided, they could benefit anyway. No one is willing to pay for the goods, they will not be provided in the free market. So government must provided them. Public goods must be provided by the government but merit goods not must be provided by the government. It can provided by free market mechanism.

Martin Luther King and Malcolm X Essay Example | Topics and Well Written Essays - 1000 words

Martin Luther King and Malcolm X - Essay Example Nevertheless, the two authors seem to share feelings regarding the white run American society in which they lived. The two authors put blame on the whites for the prevailing racism; however, they agree that it was up to the black s to end the problem. Although Malcolm X and King used the black society, they had their own notions of how to deal and stop racism because Malcolm X favored the use of violence while King acknowledged the need use a nonviolent approach. King in his essay suggests a peaceful revolution although he is aware of eminent violence if peaceful demonstrations are unheeded; however, Malcolm X uses a direct and an aggressive approach in his article. Although all whites were not involved in supporting the problem of racism because some were trying to help fight for the blacks, it took Malcolm X a lot of time to figure that out. Malcolm in his essay â€Å"A homemade education† points out that he never felt truly free in his life until the time he was in prison. King in his essay talks about overestimating goodness because he acknowledges that few members of a race that oppressed another can understand the yearnings of those that have been oppressed. However, even after finding out he never received much white support as he hoped but he never lost faith in the white community (King 1; Malcolm 121-127). King in addressing the issue uses resources and references from the bible and religious icons in getting attention of the clergymen regarding the laws of segregation. Although this was an indirect route, he managed to attain what he wanted. King’s response to the clergymen uses peaceful rhetoric in presenting his arguments; moreover, he uses religious metaphors and imagery throughout his work in order to show peacefulness. King uses religious metaphors because he understands that the audience is made up of religious leaders and capable of relating to the religious symbolism he uses. King uses religion to

MODERN BUSINESS in Comparative Perspective (EXAM PREPARATION) Essay

MODERN BUSINESS in Comparative Perspective (EXAM PREPARATION) - Essay Example This was happened between the 17th and 18th century In the late 17th century, the United Kingdom (UK) began the industrial revolution. Before industrialization, the people used to live in the rural area practicing farming. However, the countries had distinctive advantage in the manufacturing industry, especially in textile industry. Moreover, The development of the steam engine played important roles in ensuring an improvement in the banking industry. However, the UK banking industrywas lack of intermediation. In the early 18th century, the United States (US) began the industrial revolution. After the civil war, the US industry was changed drastically. The railroads distributed goods and products everywhere; therefore, the production level was increased. Before industrialization, the organizational structure was under hierarchy structure. However, when the population in the cities increased after revolution, the country was decreased between rich and poor. Moreover, increasing in US industries improved in the banking industry. The US banking industry supported many industries along with introducing the stock markets. Both early-industrialized countries focused on invention and innovation. The UK and US were creatively used in the textile and automotive industry with adequate support of the financial institutions where started growth of economies. Moreover, the manufacturing industries were set in these countries that marked the growth in the market share. Late or newly, industrialization refers to those countries whose level of economic development is between the developing and the first world classifications (Wyatt, 2009).  This means that these countries have moved from the agriculture based economy to the industrialized urban economy. Some of the countries that are industrialized include Germany, China, and Japan. The development of the railway network fastened the transportation of goods from one place to another. In addition,