Exploration Proposal free essay sample

I hope to focus on digital photography using a digital SLR camera. I also hope to use an analog film camera, so that I can further my understanding of how to use a film camera and further enhance my skills in the darkroom. The inspiration for my photographs comes mainly from the internet, I like browsing around viewing many creative and truly unique images, related and unrelated to my focus as they inspire me to capture or create something just simply amazing. I have been inspired by many remarkable images of city and urban photography, a majority of which from this this page http://www. esignyourway. net/blog/inspiration/52-great-examples-of-urban-photography/. An example of one of the images that has greatly inspired me, with urban photography, would have to be this image by Wojciech Dziadosz. The colour has been removed from most of the image to create a sense of loneliness within the crowd, but leaving colour to certain objects to create an even more exquisite image. We will write a custom essay sample on Exploration Proposal or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The colour has been removed from most of the image to create a sense of loneliness within the crowd, but leaving colour to certain objects to create an even more exquisite image. One particular photographer that has inspired me is Martin Starvars (http://www. martinstavars. com/) a landscape photographer; his main focus is on monochromatic cityscapes. His collection of artwork taken from cities around the world is truly stunning and breathtaking, and greatly inspires me. These two photos from his own portfolio are just two wonderful examples of his work and skill, one from his collection of nightscapes taken in Shanghai (image at left) and the other taken in London during daylight (image at right). The two design elements I will be focusing on this year will be colour and shape, and the principles I will focus on will be contrast and emphasis. I will use these elements and principles to accentuate the aesthetic qualities of a subject, say for example a building; for colour I may do this by changing the hue of the image for example or modify the saturation of image with use of Photoshop, for shape I will use my two design principles, contrast and emphasis, by defining the shape of the building with front or back lighting this will also leads to contrast. Contrast can be led back to colour; complementary colours for example, are great in the use of creating contrast and emphasis in the image, especially when one colour dominates the other. But, with my black white images I will obviously not be focusing on colour. I will focus however even more so with contrast, using it greatly to emphasise the shape of a structure. My work will focus on black white photography, as I feel as though it is more thought-provoking and capable of expressing more emotion. But, I also hope feature in my portfolio a great range of colour and selective colouring photography to showcase at the end of the year. A majority of my photographs will be taken with the use of natural lighting, as my focus environment is typically outdoors. I will have a huge focus on depth of field as a majority of my images will be landscapes. After I take my images, I will use Photoshop CS6 to alter and/or enhance certain aspects of the photographs until I am pleased that I have adequately met my intended aim for each of those images, for example I may enhance an images’ contrast by changing its lighting levels or another example for selective colouring I will remove the colour from certain parts of an image and leave them black and white. Photoshop will become a highly valued utensil this year, as I will use it create more intriguing images and as well as a tool to enhance the clarity of my images. I hope to explore areas in the Melbourne so that I may capture images of natural city landscapes, as well as urban suburban art and life in Melbourne. I also hope to explore the city and suburbs in Melbourne’s south-eastern areas and as well as explore beaches around some of Melbourne’s coastal suburbs. I am confident Melbourne has enough potential on its own create stunning and worthwhile images. With my presentation I will have a series of large scaled Cityscapes, and another based on a collage. My other images of Melbourne, not including the cityscapes, I will present in a collage filled with images of Melbourne which will include the lifestyle and culture within Melbourne. This year what I basically plan to do is photograph a diverse range of images of Melbourne from different locations, expressing and showcasing Melbourne as a place with immense emotions and personality.

All Is Not Well In the Land of The Lion King essays

All Is Not Well In the Land of The Lion King essays All is Well in Land of The Lion King In the article, Alls Not Well in Land of The Lion King, by Margaret Lazarus, the author over exaggerates an animated classic, investigating as to whether or not the movie is politically correct and morally right. The essay examines and stereotypes the movie, and comes to various misguided conclusions. Lazarus defines the hyenas and the lion, Scar symbolic, and declares that Disney already has gays and blacks ruining the natural order. She also draws to the conclusion that Disney manipulates small childrens minds; encouraging them to believe that Only those born into privilege can bring about change (pg. 440) Lazarus is constantly searching for the underlying meaning throughout the movie, and fails to enjoy it. After a complete analysis of the movie she fails to understand the central idea of the movie. She then proceeds to mock the concept of a young heir to the crown to fighting and standing up for what is rightfully and morally his. She maintains that the movie The Lion King is a metaphor for our society, suggesting that the nation only supports the concept that only the strong do survive in the world. So often a carefree animated tale is scrutinized and psychoanalyzed, and the pureness and innocence are stripped away from it. I fully disagree with Lazarus. The Lion King, was a wonderful, original animation that, broke the Disney stereotyped classics, of a hero that saves a beautiful girl in distress. The Lion King, features a story of doing the right thing, learning to fight for what is right, to stand up for yourself and what you believe in. The Lion King, is an animation, to over analyze in such a fashion as Margaret Lazarus does, is ridiculous and a shame. Lazarus is seeking too much meaning out of this simple tale. The cartoons main purpose is to entertain, not to set all the th...

What has motivated the desire to pursue primary care practice Essay

What has motivated the desire to pursue primary care practice - Essay Example The researcher tells that his desire to be a practitioner in the medical or healthcare field began long ago. Having witnessed several people suffering to their death for lack of good healthcare during his days as a young person, the researcher developed the passion for learning how to save lives. Saving lives remains my main motivation in life and indeed in my pursuit of further education. While this is the case, the researcher is specifically motivated to pursue primary care practice by the fact that the prevention of diseases or health problems is far better and more desirable than their cure. According to the American Academy of Family Physicians, primary care practice encompasses several activities including counseling, diagnosis and treatment of chronic and acute ailments, patient education, health maintenance, health promotion, and disease prevention. Being the first point of entry into the healthcare system for patients, it is imperative that the practice remains dedicated to ensuring that the patient as much as possible recovers without developing complications related to their initial ailments as noted by. While the researcher wishes to see too patients and the general public lead healthier lives, he is more biased toward getting them educated so that they possibly avoid getting sick and take necessary measures to avoid having their situations worsened as a result of negligence or lack of knowledge. Furthermore, the researcher is most supportive of the idea of preventing, diagnosing and treating illnesses early enough before the patient condition gets worse.

Research Project Essay Example | Topics and Well Written Essays - 2000 words - 1

Research Project - Essay Example The new start up retail organization is seeking for required funds from several effective funding bodies in order to start the new business in the potential industry. There are two major funding options for the organization, such as lending capital from renowned commercial banks and borrowing funds from the angel investors. However, it is important for the organization to develop an effective business plan so that the funding bodies can believe that the particular business has huge potentiality. The new kitchen appliances retail organization can propose different financial institutions and commercial banks in order to borrow the start up business capital. It is true that the commercial banks and several financial institutions generally offer both secured and unsecured landings for business start up in order to meet the working capital requirement. The commercial banks usually offer unsecured loans to the start up business organizations depending upon the management’s judgement (Leach and Melicher, 2011, p.110). On the other hand, the banks generally offer the secured loans against the organizations’ deposited collaterals and securities. However, the unsecured loans usually do not demand any kind of collateral or security from the start up business organizations against the lending of loans as start up business capital. The commercial banks or different financial institutions usually provide unsecured loans to the business organizations in the form of corporate credits and overdrafts. Several angel investors are also can be considered as the important funding bodies for the start up kitchen appliances Retail Company. The angel investors are also considered as informal investors or business angels. These angel investors used to have vast experience about several business forms. These investors generally belong to the wealthy and rich businessman segments. The rich and affluent angel investors or the business angel generally provide the

Disclousuer requirments in securities regulation between Saudi Arabia Research Paper - 1

Disclousuer requirments in securities regulation between Saudi Arabia and united States (compareson) - Research Paper Example Disclosures imply that public should be informed of any investment decisions, while the undermining of this confidence leads to the collapse of the securities market harming national economy for a very long period of time. Saudi Arabia is considered to be one of the largest developing stock markets in the world. Nowadays it shows increasing demands for various investments in corporate securities. While in 2006, Saudi Arabia securities market was regarded as the market which suffered from the lack of transparency and disclosure credibility less than average due to the economic crisis happened in this state. Great part of the investors received no compensation for the caused damages and had no any practical possibility to protect their rights with respect to the securities rights. Thus, some scholars define the current legislation of Saudi Arabia on the securities law and its disclosure as existing in place, but not functional in practice. Despite this fact, some states share the views that Saudi Arabia is one of the countries that has relatively strong disclosure requirements. This country is able to ensure investor’s protection during exercising of business transactions. Therefore, the main purpose of this paper is to describe the disclosure requirements applicable to the securities in Saudi Arabia and it comparison with the strong securities market conditions prevailing within the USA market. In Saudi Arabia, some principles applicable to the issuers of securities exist. Hence, issuers that offer securities through public offer are always subject to disclosure requirements involving shareholder voting decisions and equal treatment to each other. In any case, the body governing the issue of securities requires submission of the reports on the disclosure of significant amount of shareholders of the companies. At the same time, Saudi Arabia implements main

Using Microorganisms To Produce Commercial Substances Young People Essay

Using Microorganisms To Produce Commercial Substances Young People Essay Bacteria are a large group of single-celled microscopic prokaryote organisms that inhabit virtually all environments including the air, soil, water, organic matter, radioactive waste, the earthà ¢Ã¢â€š ¬Ã¢â€ž ¢s crust, and the bodies of multicellular organisms. Bacteria vary in their cell structure and mode of metabolism. They are categorized as autotrophs, heterotrophs, lithotrophs, organotrophs, chemotrophs or phototrophs, and exist in various cell shapes such as coccus, bacillus, spirochete, and vibrio forms. They can be divided into two main groups, gram-positive or gram-negative, based on the structure of their cell wall and their reaction to the gram stain. Ecologically, these microorganisms are capable of free-living, mutualistic, parasitic or pathogenic existence. Bacteria are so numerous and diverse, that new species of bacteria are continually being discovered in the environment, and within the human body, as well as that of other organisms. All the species of bacteria known represent only a tiny fraction of the diverse bacterial species present in nature. Although some bacteria cause food poisoning and infectious diseases in multicellular plants and animals, the vast majority is harmless and many are beneficial to natural processes and also to the proper functioning of higher organisms. Bacteria are used in various industrial processes, especially the food industry. Numerous manufactured food products are modified biochemically by bacterial growth in the process of fermentation. Fermented foods produced commercially by bacteria include dairy products such as cheese and yoghurt, vegetable products such as sauerkraut and pickles, various forms of cured meats and sausages, vinegar and soy products. Bacteria are also used in the manufacturing of alcoholic beverages like wine made from grapes and other fruits, beer and liquor made from grains, and tequila made from cacti. The benefits of bacterial fermentation of food products include enhanced preservation, increased digestibility, higher nutrient content and improved flavor. The ability of bacteria to degrade a variety of organic compounds is remarkable and has been used in waste processing and bioremediation. Bacteria are capable of digesting the hydrocarbons present in petroleum and are thus used in cleaning up oil spills. They can also be altered to produce certain enzymes that metabolize industrial waste components that are toxic to other life forms. Bacteria can also be used in the place of pesticides in specific biological pest control. As a result of this specificity, bacterial pesticides are regarded as environmentally friendly, since they have little or no effect on humans, wildlife, pollinators, and most other beneficial insects. The ability of bacteria to breakdown organic compounds to methane gas is widely employed in treatment of sewage. In the chemical industry, the manufacture of ethanol, acetone, organic acid, enzymes, and perfumes rely on the use of bacteria. More importantly, bacteria are used in the production of pure chemicals for use as pharmaceuticals or agrochemicals. The discovery of antibiotic drugs made from bacteria, such as cephalosporin, streptomyces, erythromycin and bacitracin have greatly improved the quality of human life in the twentieth century. Steroids and vaccines used in disease prevention are also produced with the use of bacteria. Because of their ability to grow rapidly and the relative ease with which they can be manipulated, bacteria are the pillars for the fields of molecular biology, genetics and biochemistry. Creating mutations in bacterial DNA and examining the resulting phenotypes, can enable scientists to determine the function of genes, enzymes and metabolic pathways in bacteria, and then apply this knowledge to more complex organisms. This understanding of bacterial metabolism and genetics allows for the use of biotechnology to genetically engineer bacteria for the production of therapeutic proteins such as insulin, interferons, growth factors, or antibodies useful to humans. Another main role of bacteria is the recycling of nutrients in the environment such as carbon, nitrogen, sulfur and other chemical elements used by living things. Saprophytic species cause decay and decomposition of the nitrogenous remains of dead bodies of plants and animals, converting it to ammonia, while chemosynthetic autotrophs like nitrosomonas and nitrobacter, covert the ammonium compounds in the soil into nitrate salts which can be taken up and used by plants. Bacterial populations especially that of genus Clostridium can be used to separate fibers of jute, hemp, and flax, in a process known as fiber retting. These separated fibers are used to make ropes and sacks. Leather, a widely used product is manufactured by the decomposing action of bacteria on the fats present on the skin of animals. The human body is home to a wide range of bacterial species, where they constitute normal flora. The beneficial effects of these bacteria which colonize humans are abundant and include: out-competition of harmful microorganisms, synthesis of vitamin B12, B complex and K, immune system enhancement, regulation of digestive health, absorption of minerals like magnesium, formation of new calls and the regeneration of the gastrointestinal tract. Bacteria that reside in the gut of herbivores secrete cellulase, which is useful in the digestion of the cellulose contents of plant cell walls, the main source of nutrients for these animals. Aquatic organisms also benefit from bacteria that cut down growth of algae and reduce noxious odors, making aquatic environments more conducive to living. It is an undisputed fact that bacteria can and will survive and thrive in the absence of multicellular organisms. Conversely, without the presence of beneficial bacteria, multicellular organisms will be unable to function properly, numerous industrial processes necessary for survival will shut down, and even natural processes like nutrient recycling will cease to occur. The importance of bacteria cannot be over emphasized, and the earth as we know it will definitely take a downward route to degeneration, if bacteria were to cease to exist.

The Controversy Surrounding Multiple Personality Disorder Essay

The Controversy Surrounding Multiple Personality Disorder Multiple Personality Disorder is a condition that many people probably have not heard of. Among those who have heard of it, there are even less who actually know what it is. However, according to Piper (1997) there were about 6,000 cases diagnosed in North America alone in 1986. Some experts estimate that multiple personality disorder, or MPD, affects 5 to 10 percent of the population, or about 100 million people worldwide. For such a widespread disorder, the public's lack of knowledge about it is pretty shocking. One explanation for this lack of knowledge could be the fact that many people, fueled by the beliefs of many noted psychologists, do not believe the disorder even exists. Why do they believe this? To answer this question, one must first understand a little more about MPD itself. Although there is no clear, universally accepted definition of multiple personality disorder, one interpretation that most seem to agree on was stated by Piper: "Multiple personality disorder (MPD) is characterized by the presence of 'alter personalities' that periodically and unpredictably take control of the patient's body" (pg. xii). All who have been diagnosed with MPD have shown evidence of one or more alter personalities aside from the host personality. The 'host' is usually described as the personality that is in control the largest amount of time, or the personality that presents itself for treatment. This may sound confusing, but it is nothing compared to the many other aspects of MPD, such as what a personality is, what causes the onset of MPD, whether or not someone really has MPD, and what treatment methods are effective-all of which will be discussed. In ... ...tml False Memory Syndrome Foundation Compilation: Dr. Bennett Braun. (1995, September 1). Retrieved March 11, 2004 from http://www.fmsfonline.org/braun.html Hendrickson, G (2001, July 3). psychotherapy. Retrieved March 26, 2004 from http://health.discovery.com/diseasesandcond/encyclopedia/3092.html McHugh, P. Multiple Personality Disorder (Dissociative Identity Disorder). Retrieved March 11, 2004 from http://www.psycom.net/mchugh.html Piper, A. (1997). Hoax and Reality: The Bizarre World of Multiple Personality Disorder. Northvale, NJ: J. Aronson Reyes, A. (2001, July 2). multiple personality disorder. Retrieved March 10, 2004 from http://health.discovery.com/diseasesandcond/encyclopedia/2909.html Richmond, R. Multiple Personality Disorder/Dissociative Identity Disorder. (2003). Retrieved March 12, 2004 from http://www.guidetopsychology.com/mpd.htm

Air Masses and Fronts

Air Masses and Fronts Air masses is every where around us, it creates pressure around our body and keeps us from floating. Air mass is the pressure in the gravity that also has to the temperature in the atmosphere to create different pressure that effects you in different ways. For example, if hot air were to fill a plastic bag it would rise, but if it where cool air that filled the bag it would be less likely to rise than the other. Fronts, on another hand, are produced when a large amount of cool winds go east and a front of hot air would go west and hit they will create an enormous storm that is most likely to bring heavy showers and thunderstorms. Fronts also have to do with the pressure that is in the atmosphere. Advection is when a large amount of warm moist air current of that goes over a cold body of water of land. Air masses are the differences of the hot air and cold air that come in through different parts of the world and make what are storms that cause many damages. There are a couple of types of air masses that create most of the bodies of winds that collide into each other and sometimes make surging tornadoes. The collision of these air masses usually create many of the worst storms that usually occur in the mid-east. There are also the massive rain storms that have lightning and there are also the tornados that make the wind gust. Fronts are when massive air currents collide, but it usually occurs when it is a cold and hot current that meet. They hit and make a storm that creates a rain that make thunder storms and other natural storms. These front travel cross country to be crashed into another one half way across the nation. They would be produces in one place on the west of the united states and travel eastward to confront another front. Advection is fog or mist of condensed clouds of water vapor in the form ice droplets or ice crystals, suspended above in the atmosphere just over the surface of the earth. In heavy populated city the Advection fog gets mixed with the car emissions and gasses from factories to make it a brownish color. There are four types Advection, Radiation, Upslope, and Precipitation fog. In this essay I learned the different types of Advection fogs there were and how it got mixed with the gas emissions. I also learned that a front are the ones that create huge storms in the center of the United States. Finally I learned the differences in the air masses and there temperature.

Differences between current theories of investing assessment Essays

Differences between current theories of investing assessment Essays Differences between current theories of investing assessment Essay Differences between current theories of investing assessment Essay Internal Rate of Return ( IRR ) , Accounting Rate of Return ( ARR ) and the Payback Period Methods. In recent old ages at that place has been a turning spread from the theoretical protagonism of some of these methods and their existent usage by houses. This paper will look to measure such claims and see the factors that are doing this displacement. The Net Present Value ( NPV ) is one of many methods used to measure investing undertakings utilizing discounted hard currency flows. Under the NPV method, investing undertakings are viewed as holding a watercourse of forecasted hard currency influxs and escapes over the life of the project’s economic life. It assumes that other than these hard currency flows, there are no other effects impacting the undertaking, and hence merely discounted hard currency flows are taken into history. [ 1 ] NPV focuses on undertakings that maximize the net present value of all hard currency flows generated for the company, more officially it isthe net pecuniary addition ( or loss ) from a undertaking, computed by dismissing all present and future hard currency influxs and escapes related to the project. [ 2 ] Using NPV all future hard currency flows from the undertaking are discounted at a rateI, back to clip 0 which is the start of the undertaking. A undertaking is considered profitable if its NPV is greater than zero and comparative to another undertaking the 1 with the higher NPV is preferred over the alternate undertaking. [ 3 ] NPV is academically preferred over other investing assessment methods for several grounds. NPV is simple to cipher and to get at an unambiguous concluding determination. NPV besides takes into history the clip value of money by dismissing hard currency flows thereby taking into history the clip value of money. Additionally, its usage of hard currency flows alternatively of accounting net incomes means that it is able to account for the sum and timing of hard currency flows from the undertaking every bit good as accounting for all of the hard currency flows over the life of the undertaking. [ 4 ] The NPV besides incorporates hazard into the determination devising procedure through the accommodation of the investment’s price reduction rate. [ 5 ] Pike and Neale maintain that the NPV increases a firm’s market value and therefore the shareholders’ interest because directors merely accept undertakings which offer positive net nowadays values when discounted at tantamo unt market rates of involvement. [ 6 ] Some of the challenges faced by investors when utilizing NPV is gauging the value of hard currency influxs and escapes over the life of the undertaking. Second, NPV method is merely recognized when its value is positive in a perfect capital market environment in which there are no limitations on the handiness of finance. However, in world markets are restricted or rationed thereby restricting the pertinence of its determination regulation. The NPV besides assumes that company’s cost of capital is known and is changeless over the life of the undertaking. However, in world it is hard to gauge and choose an appropriate price reduction rate. Furthermore, it is improbable to stay changeless over the life of the undertaking due to the of all time changing nature of the economic environment. [ 7 ] The Internal Rate of Return ( IRR ) isthe rate that equates the cost and benefit of the undertaking in footings of present value. [ 8 ] It is the rate at which the NPV peers zero and hence is the maximal cost of financing the undertaking or investing. Given that the rate refers merely to the project’s internal factors, no external factors are considered in this assessment method. This can be seen as an advantage in that it does non necessitate the computation of a complex price reduction rate [ 9 ] , on the other manus it besides means that it does non account for altering market environments. Undertakings are accepted utilizing this method when the IRR is greater than the return required by the investor. On the other manus, if the IRR is less than the riskless rate of return, the undertaking is rejected. [ 10 ] Some of the drawbacks to this method include its premise that grosss are reinvested and the equivocal root consequences when mark reversal occurs more than one time in the project’s hard currency flows. It besides assumes that the rate of loaning and adoption are the same and it assumes an equal cost of capital throughout the project’s life, which is unrealistic. [ 11 ] Luenberger maintains that both the NPV and IRR methods have appropriate topographic points in investing assessment but in different conditions. [ 12 ] One of the cardinal strengths of the NPV is its comparing of theinvestment with the rate of return of normal funding channels, and therefore creates a healthier state of affairs of comparing in contemplating the feasibleness of the investment. [ 13 ] Conversely, the IRR can be applied when the investing needs to be repeatedly reinvested in the same undertaking. Whilst it possibly disputing to get at the price reduction rate for the NPV, consideration for the clip value of money is of import in the assessment procedure. Furthermore, the cost of capital is an of import manner of placing the efficiency with which an investor’s capital is invested. [ 14 ] Additionally, the NPV does non get at any equivocal roots, unlike the IRR. [ 15 ] However, harmonizing to Kuronen, neither the NPV nor the IRR methods are able to capture the stock holder value created by the investing. [ 16 ] The payback investing assessment method is normally the 1 used foremost to filtrate out possible undertakings. It asks investors the inquiryhow long will it take for the undertaking to pay back its cost? . [ 17 ] In some instances, companies will hold a mark payback day of the month which will ensue in their rejecting undertakings which do non run into it. The payback method thereby provides a speedy manner in which to measure the hazard of the undertaking. It will ever supply clear consequences and its advocators believe that it identifies less hazardous undertakings or the undertakings which will be invested for the least sum of clip. [ 18 ] Harmonizing to CIMA, undertakings should non be accepted entirely on the footing of the payback method and investors should utilize a more sophisticated assessment technique. The popularity of the payback method has been worsening since the 1970s due to increased consciousness of its restrictions. One such restriction harmonizing to Kuronen is the fact that it does non take into history the possible net income degrees that may be achieved by the investing. Second it wholly ignores the timing of the rate of returns. Companies that do utilize it, do so in combination with other methods. [ 19 ] Remer and Nieto find that usage of the payback method has wholly diminished [ 20 ] , which contrast with the findings of Jahnke and Simons who find grounds to propose that payback is in fact used rather on a regular basis. They find that the bulk of houses use it in combination with other methods whereas little houses rely on it as a individual standard. [ 21 ] Another assessment method used by investors is the Accounting Rate of Return ( ARR ) which compares the mean one-year net income degrees of a undertaking wit its initial investing, expressed as a per centum. ARR accepts undertakings which have an ARR higher than a preset rate of return. This method uses accounting flows instead than hard currency flows, unlike the NPV which means that it looks at the impact of future reported net incomes from a undertaking. The cardinal disadvantages of ARR is that it does non take into history the timing of hard currency flows and the cost of funding and it does non look to maximize stockholder wealth but instead accounting net incomes, unlike NPV. Additionally, ARR has a inclination to pick up irrelevant informations because it is based on accounting net incomes which means it will apportion a portion of operating expenses to countries that the undertaking may non be undertaken. McLaney therefore maintains that this method is improbable to be used extensively by investors because it is likely to take to hapless determinations. [ 22 ] Conversely, Irons believes that it is a widely used assessment method because in add-on to the aforesaid advantages, informations is readily available to cipher it. [ 23 ] One survey by Sangster finds that companies today use the traditional methods of discounting hard currency flow techniques more than they use accounting rate of return. [ 24 ] While there is grounds to corroborate that the NPV and IRR are still being used by investors as major investing assessment techniques [ 25 ] , other surveies are happening an increasing deficiency of their existent usage by companies. A survey by Akalu finds only15 per centum of respondents rated standard assessment methods as being very good’ in footings of preciseness and 19 per centum of respondents rated them very good’ at supplying the promised value. Akalu argues that these consequences do non compare at all with the text edition statement for NPV or IRR appraisal methods which would hold rated them as high’ . The findings hence indicate agap between the theoretical and pattern of capital budgeting[ 26 ] and that these methods areunable to supply the promised undertaking value to shar eholders .[ 27 ] A turning tendency towards the usage of a combination of appraisal methods was found, irrespective of the project’s life span and required capital outgo. The survey besides revealed that as the life span and capital disbursement increased, more quantitative and advanced assessment methods were used. [ 28 ] These findings are supported by a survey carried out by Pike which show that the usage of a individual assessment method has been worsening from 31 per centum in 1975 to 4 per centum in 1992. In contrast, the usage of a combination of three assessment methods has increased from 22 per centum to 32 per centum and rose by even greater, 11 per centum to 32 per centum for the four theoretical account combination. [ 29 ] Harmonizing to Akalu, the motives behind the increased usage of a combination of appraisal methods, appears to be due to the inability of a individual theoretical account to accurately mensurate the value of a undertaking. Firms have hence resorted to utilizing a combination of appraisal methods in order to cut down likeliness of a disagreement between the existent and estimated gross and the cost of a undertaking. Surprisingly, the NPV was found to make the largest disagreement of all of the methods investigated, runing up to 20 per centum for undertakings with a lifetim e of over10 old ages and investing of more than ˆ80 million. [ 30 ] Furthermore, some industries, viz. support services and distribution and conveyance, were found to hold a greater inclination towards disagreements. Akalu farther maintains that a higher disagreement could take to low stockholder value in a company. [ 31 ] As a consequence, there is a turning displacement off from the usage of standard assessment methods towards newer theoretical accounts, peculiarly value direction theoretical accounts, or towards the application of techniques which may compromise the assessment procedure. [ 32 ] In fact the 2001 survey by Akalu and Turner confirms the increasing function that the DCF theoretical account is playing in stockholder value direction. In fact, a combination of both standard and value direction theoretical accounts are progressively being used. [ 33 ] These surveies contrast with a surprising determination by Hatzopoulos and Arnold who find that in the UK, the spread between the theoretical and practical usage of undertaking assessment methods are in fact narrowing. [ 34 ] Akalu and Turner farther find indicants of a displacement off from traditional and inactive theoretical accounts towards the more flexible value direction theoretical accounts such as stockholder value analysis, Economic Value Analysis ( EVA ) and Net Contribution to Value ( NCV ) , to back up traditional investing assessment techniques. [ 35 ] Additionally, a survey by Barfield finds that the usage of the stockholder value analysis ( SVA ) has allowed fiscal establishments to execute better than others. [ 36 ] This was taken to an even wider graduated table by Copeland et Al. who have found that states which apply SVA methodsare more value originative than others. [ 37 ] This paper has given an history of the assorted investing assessment methods used by companies to measure undertaking and has given an account of their assorted strengths and failings. This paper besides sought to give an history of the altering tendencies in the usage of these appraisal methods every bit good as an account for these displacements. The findings of this paper suggest that there is no 1 individual method that has been wholly been eliminated or advocated in footings of its practical usage today because of the different environments, industries every bit good as changing company and undertaking sizes. For the most portion, for every survey that was found to recommend a peculiar method and its growth usage today there was another that discredited it, doing it hard to truly arrive at a concluding decision of the existent current tendencies. However, it can be concluded that there is a turning tendency towards the combined usage of all of these methods at changing times of the undertaking life spans, to cut down likeliness of a disagreement between the existent and estimated gross and the cost of a undertaking. Finally, there besides appears to be a displacement by companies towards the usage of the more flexible value direction theoretical accounts which are ensuing in comparatively greater fiscal public presentation. Bibliography Akalu M. , ( 2002 )Measuring the Capacity of Standard Investment Appraisal Methods: Evidence from the patternTinbergen Institute Akalu, M. A ; Turner, R. ( 2001 )Investing Appraisal Process: A Case of Chemical Companies, Erasmus Research Institute of Management Akalu A ; Turner ( 2002 )Investing Appraisal Process in the Banking A ; Finance Industry: A Case Study,Erasmus Research Institute of Management Arnold, G. and Hatzopoulos, P. ( 2003 )The Theory-Practice Gap in Capital Budgeting: Evidence from the United Kingdom,Journal of Business Finance A ; Accounting Vol. 27, Issue 5, Amp. 6, P. 603-626 Gotze, U. , Northcott, D. A ; Schuster, P. ( 2007 )Investing Appraisal: Methods and Models, Springer Institute of Chartered Accounting England and Wales,Investing Appraisal Techniques,Kaplan Financials Ironss, A. ( 2004 )Capital Investing Appraisal, ACCA Global hypertext transfer protocol: //www.accaglobal.com Kuronen T. , ( 2007 )Capital Budgeting in a Capital Intensive Industry,Helsinki University of Technology McLaney, E. ( 2006 )Business Finance: Theory and Practice, 7ThursdayEdition, Pearson Education Pike, R. and Neale, B. ( 2006 )Corporate Finance and Investing: Decisions A ; Schemes,Pearson Education Sangster, A. ( 2006 )Capital Investment Appraisal Techniques: A Survey of Current Use, Journal of Business Finance A ; Accounting Vol. 20, Issue 3, P. 307-332 Jahnke, H. and Simons, D. ( 2008 )A Rationale for the Payback Criterion: An Application of Almost Stochastic Dominance to Capital Budgeting,Social Science Research Network Watson, D. A ; Head, A. ( 2007 )Corporate Finance: Principles and Practice, Pearson Education 1

Free Essays on Unix

UNIX has served many different government and scientific entities in the past and continues to be enhanced by software designers in order to better serve customers by being responsive to today’s marketplace. It is obvious that with public demand for internet services, combined with the fact that the internet is UNIX-based, there is no immediate threat to the UNIX operating system. The unique advantage of the UNIX operating system when it was introduced was that it could (and still does) run on dissimilar machines, unheard of prior to 1969. UNIX also can run more than one program at a time, store complex graphics and databases, and link to other UNIX and mainframe computer systems, including DOS since the late 1980s. UNIX-based systems control various programs written by many companies to distribute information between multiple computers within the network. UNIX at first worked over ARPnet the ARPA network grew throughout the 1970s when computer networks from various organiz ations, both nationally and internationally, began to link to ARPAnet, mostly for transferring engineering and scientific research data. The ARPAnet eventually migrated into what we know as the World Wide Web. The Web allows users to easily browse through hypertext and multimedia located on various computers and mainframe systems around the world. Prior to the CERN project, Internet users had to know UNIX programming language and move around in a cumbersome UNIX shell environment. The Web can best be described as a â€Å"global interactive, dynamic, cross-platform, distributed, graphical hypertext information system that operates over the Internet. It operates on many protocols, including FTP, Gopher, UseNet, WAIS databases, and TELNET. Most of the text transferred over the Internet is written in hypertext markup language (HTML). Graphics are transferred via standard generalized markup language (SGML) through the UNIX operating system. No one owns the web, but a... Free Essays on UNIX Free Essays on UNIX UNIX has served many different government and scientific entities in the past and continues to be enhanced by software designers in order to better serve customers by being responsive to today’s marketplace. It is obvious that with public demand for internet services, combined with the fact that the internet is UNIX-based, there is no immediate threat to the UNIX operating system. The unique advantage of the UNIX operating system when it was introduced was that it could (and still does) run on dissimilar machines, unheard of prior to 1969. UNIX also can run more than one program at a time, store complex graphics and databases, and link to other UNIX and mainframe computer systems, including DOS since the late 1980s. UNIX-based systems control various programs written by many companies to distribute information between multiple computers within the network. UNIX at first worked over ARPnet the ARPA network grew throughout the 1970s when computer networks from various organiz ations, both nationally and internationally, began to link to ARPAnet, mostly for transferring engineering and scientific research data. The ARPAnet eventually migrated into what we know as the World Wide Web. The Web allows users to easily browse through hypertext and multimedia located on various computers and mainframe systems around the world. Prior to the CERN project, Internet users had to know UNIX programming language and move around in a cumbersome UNIX shell environment. The Web can best be described as a â€Å"global interactive, dynamic, cross-platform, distributed, graphical hypertext information system that operates over the Internet. It operates on many protocols, including FTP, Gopher, UseNet, WAIS databases, and TELNET. Most of the text transferred over the Internet is written in hypertext markup language (HTML). Graphics are transferred via standard generalized markup language (SGML) through the UNIX operating system. No one owns the web, but a... Free Essays on Unix Following is all the information that you need to understand the workings of the UNIX operating system (Berkley 4.2). Patched together by The War On the security side of UNIX: - On the Security of UNIX Dennis M. Ritchie Recently there has been much interest in the security aspects of operating systems and software. At issue is the ability to prevent undesired disclosure of information, destruction of information, and harm to the functioning of the system. This paper discusses the degree of security which can be provided under the system and offers a number of hints on how to improve security. The first fact to face is that was not developed with security, in any realistic sense, in mind; this fact alone guarantees a vast number of holes. (Actually the same statement can be made with respect to most systems.) The area of security in which is theoretically weakest is in protecting against crashing or at least crippling the operation of the system. The problem here is not mainly in uncritical acceptance of bad parameters to system calls there may be bugs in this area, but none are known- but rather in lack of checks for excessive consumption of resources. Most notably, there is no limit on the amount of disk storage used, either in total space allocated or in the number of files or directories. Here is a particularly ghastly shell sequence guaranteed to stop the system: while :; do mkdir x cd x done Ether a panic will occur because all the i-nodes on the device are used up, or all the disk blocks will be consumed, thus preventing anyone from writing files on the device. In this version of the system, users are prevented from creating more than a set number of processes simultaneously, so unless users are in collusion it is unlikely that any one can stop the system altogether. However, creation of 20 or so CPU or disk-bound jobs l...

The Declaration of Independence Essay Example | Topics and Well Written Essays - 1500 words

The Declaration of Independence - Essay Example The essay shall examine the similarities and differences between works written by three authors on the Declaration of Independence; these are the latter mentioned authors and Frederick Douglas. These comparisons will be done in relation to political issues, religious issues, equality and other issues. (Barthelmas, 2003) Jefferson highlights his views about equality by asserting that all men are created equal in the first paragraph of the declaration. Additionally, he believes that they have three major rights that come with this equality Some people have claimed that Jefferson simply paraphrased what another author in the eighteenth century had written; John Locke. Locke in his 'Second Treatise of government' asserts that there are some fundamental rights that all human beings should be granted and these include; Property, liberty and life. As it can be seen from the bulleted list above, these are the exact words used by Jefferson except for the world property. It has been reported that Jefferson had used the word property in his first draft but other members of the Committee he was working with urged him to change it to 'pursuit of happiness'. In light of all these striking similarities between Jefferson's Declaration of Independence and other previous writings, Jefferson's supporters have defended him and his writings by claiming that the declaration was not a creation of new philosophies. He was simply trying to air out what people believed already and was not trying to come up with a new ideology. Equality is a concept that stands through out Jefferson's Declaration of Independence. He talks about how the British government has demonstrated their lack of respect for the American people. Jefferson achieves this by citing 20 instances when this occurred. For example, he says that the British government prevented them from trading with other countries of the world. Additionally, he has problems with the imposition of taxes and the imposition of military forces amongst them. By speaking against these injustices, Jefferson was trying to show how the British did not consider the rest of their colonial states equal to them. (Armitage, 2004) Locke echoes similar sentiments. He believed that all human beings had the right to preserve their own lives. He also asserted murderers did not act in unison to the law of reason because they were contravening the right to life. Furthermore, Locke adds that all people are supposed to have the right to make their own decisions in an effort to exercise liberty. However, he believes that liberty should be exercised in such a manner that it does not impede other people's liberty. While Jefferson and Locke believed that no man was superior to another and that all people should be granted their due rights, these sentiments were mostly theoretical. This is fact brought out by Frederick Douglas. Douglas believed that most of the sentiments expressed in Jefferson's declaration of independence simply referred to a portion of the population while the slaves were ignored completely. Douglas explains that the black person in America did not share some of the liberties and freedoms proclaimed in the Declaration of inde

Research on Meth Addiction Paper Example | Topics and Well Written Essays - 1000 words

On Meth Addiction - Research Paper Example There were efforts to control them through regulation through the Food and Drug Administration as well as by law enforcement. However, these illicit drugs are still a part of our society, often having comorbidity with other aspects of crime, which disrupts our society. Methamphetamine is an extremely powerful narcotic. It has multiple ways of being ingested into the body. Sometimes, it is injected through the use of hypodermic needles, while other times it is snorted or smoked. Typically, snorting will have the quickest effect on the body due to the fact that methamphetamine is lipid soluble, which means it can interact past the blood brain barrier faster than any other route of administration. It was and still is the cause of many problems in relation to drug abuse in our society. It enslaves the user through powerful chemical drug dependence. This works because it changes the brain on a fundamental level. Freud was one of the first psychologists to say that humans operate on a plea sure principle. This rewarding pathway in the brain is known as the dopaminergenic reward pathway. Dopamine is one of the primary rewarding neurotransmitters in the brain and is responsible for regulating many actions such as hunger, sex, etc. Methamphetamine affects this system by causing a large increase in the amount of dopamine. This is why drug users feel such a high euphoric effect. The withdrawal effects of methamphetamine are also extremely unpleasant. Therefore, drug users self-administer more of the drug in order to not â€Å"crash†. As a result, they become chemically addicted. This occurs due to the fact that the brain rewires itself and does not secrete dopamine in the normal amounts of a person who does not use methamphetamine. Methamphetamine users comment that while they are not using the drug that there is a lack of feeling and everything seems grey. This is a primary motivator in encouraging the user to continue using the drug as a result of physiological re sponse. This physiological response is what drives the psychological and behavioral response. It works in both ways of classical and operant conditioning. Drug users learn that with the drug they will experience a state of euphoria. As a result, they develop not only the physiological dependence to the drug, but they also develop a psychological addiction. This in turn fuels other aspects of crime. Methamphetamine is common in all social classes, however it affects the lower classes the most. Often, many of these lower class citizens do not have a surplus income in order to fuel their drug addiction. Thus, they turn to other criminal activities in order to supply the income required to fuel their habit. This exposure to the drug often also causes problems among families. Methamphetamine can tear families apart and often leaves children with parents behind bars. Prostitution is also common for drug users in that they can take methamphetamine as collateral for sexual favors. The side effects of the use of methamphetamine are wide and varied. The fact that methamphetamine is a stimulant means that it promote a wide variety of anxiety and â€Å"twitchy† behavior. It also can lead to attentiveness problems as well as deficits in cognitive function and memory. As discussed previously, the dopaminergic reward system is highly stimulated when methamphetamine is in the system and that long-term use can lead to dopamine deficit. This puts high, chronic methamphetamine use