Friday, May 22, 2020

Diageo Plc Financial Analysis - 1907 Words

Introduction The objective of this analysts report is to whether or not to invest  £1 million in the company â€Å"Diageo plc†. This report is divided into five parts. First, the company profile is introduced. Second, the performance overview of Diageo will be summarized. Third, the financial ratios analysis is presented. Then, I have analysed industry competitors comparing with Diageo. Final, after considering key relevance factors, the conclusion of the investment will be revealed. â€Å"DIAGEO† Company Profile Diageo plc is the world’s leading premium drinks business with an outstanding collection of beverage alcohol brands across spirits, wines and beer categories. These brands include Johnnie Walker, Guinness, Smirnoff, Jamp;B, Baileys,†¦show more content†¦Liquidity Ratio/Year | 2010 | 2009 | 2008 | 1. Current Ratio | 1.76 | 1.52 | 1.17 | 2. Acid or Quick Ratio | 0.93 | 0.75 | 0.60 | Table 3: Diageo’s Liquidity Ratio 1. Current ratio, as table 3 shown, is increasing. It can be assumed that the company overall ability to meet its financial obligations has improved (Lee, 1998). 2. Acid or quick ratio indicates the company’s ability to repay immediate commitments using cash or near-cash (Elliot amp; Elliot, 2006). According to table 3, the company’s quick ratio is growing. Gearing Ratio/Year | 2010 | 2009 | 2008 | Gearing Ratio | 182.46% | 241.75% | 187.53% | Table 4: Diageo’s gearing ratio Gearing ratio represents the contribution of long-term lenders to the long-term capital structure of a business (Atrill amp; McLaney, 2008). A company with high gearing is predominantly financed by debt (Elliot amp; Elliot, 2006). We can see from table 4 that Diageo gearing ratio is rather high, however, this ratio needs to be compared with other companies in the industry to judge the reasonableness (http://bizcovering.com/) Investor Ratio/Year | 2010 | 2009 | 2008 | 1. Dividend Payout Ratio | 0.43 | 0.56 | 0.58 | 2. Dividend Cover Ratio (times) | 2.97x | 3.10x | 3.01x | 3. Dividend Yield (ttm) | 3.5 | - | - | 4. Earning Per Share | 65.5p | 64.6p | 59.0p | 5. PE Ratio | 14.30% | 12.50% | 14.30% | Table 5: Diageo’s Investor Ratio 1. Dividend payout ratio is the proportionShow MoreRelatedDiageo Plc1436 Words   |  6 Pages1. How has Diageo managed its capital structure? Do you agree it is conservative? Diageo was born as the result of merging Grand Metropolitan plc and Guinness plc. Since the beginning the newly formed company maintained conservative financial policies inherited from the two parent companies; and in general from the British financial management style. There are many indications that confirm that Diageo has managed its capital structure using a conservative approach. Firstly, it is worth mentioningRead MoreDiageo Plc1446 Words   |  6 Pages1. How has Diageo managed its capital structure? Do you agree it is conservative? Diageo was born as the result of merging Grand Metropolitan plc and Guinness plc. Since the beginning the newly formed company maintained conservative financial policies inherited from the two parent companies; and in general from the British financial management style. There are many indications that confirm that Diageo has managed its capital structure using a conservative approach. Firstly, it is worth mentioningRead MoreDOW CHEMICALS6171 Words   |  25 Pages9 - 2 0 1- 0 3 3 REV. AUGUST 6, 2003 GEORGE CHACKO PETER TUFANO Diageo plc Ian Cray, Diageo plc’s Treasurer, looked out of his office window onto the busy streets of London in October 2000. The London-based consumer goods company Diageo had recently announced its intention to sell its packaged food subsidiary, Pillsbury, to General Mills. Earlier in the year, Diageo also announced its intent to sell 20% of its Burger King subsidiary through an initial public offering during 2001, toRead MoreDiageo2956 Words   |  12 PagesDIAGEO PLC. SWOT ANALYSIS. 1. Introduction Diageo plc is a British multinational firm that owns some of the most popular alcoholic drinks in the world. The firm boosts a reputation of not only being the largest spirits producer in the world, but also being the world s leading premium drinks company. The company has an extensive portfolio and their most popular drinks include Smirnoff vodka, Baileys, Pimms, Blossom Hill and Guinness. The company owns 312,120 BreweriesRead MoreCapital Structure Of Debt And Equity1607 Words   |  7 Pages debt financing gives an opportunity to save costs, however, the higher the proportion of debt in the capital structure, the higher the risk, because a company might fail on its debt payments. Thus, the risk of too much leverage could lead to a financial distress and bankruptcy. In order words, there is a certain level up to which a company could borrow before it starts to face difficulties to meet its debt payments. On the other hand, equity financing does not carry repayment obligations or interestRead MoreÔà ¸Ã‚ ºÃƒâ€Ãƒ ¸Ã‚ ºÃƒâ€Ãƒ ¸Ã‚ ºÃƒâ€Ãƒ ¸Ã‚ ºGeneral  ¬Ã¢â‚¬  Mills‚Äà ´  ¬Ã¢â‚¬   Acquisition of Pillsbury from Diageo Plc7222 Words   |  29 Pagesï ¿ ¼Ã¯ ¿ ¼Ã¯ ¿ ¼Ã¯ ¿ ¼General   Mills’    Acquisition of Pillsbury from Diageo PLC Lauren Sherlock Jason Park JP Zendman 12/9/2009 ï ¿ ¼ ï ¿ ¼General   Mills’   Acquisition   of   Pillsbury   from   Diageo   PLC Situation Analysis: In December 2000, management at General Mills (GM) proposed a plan to acquire Pillsbury, a baked- goods producer, in a stock-for-stock exchange. Pillsbury is currently controlled by Diageo PLC, one of the world’s leading consumer–goods companies. The deal specifies that General Mills is to createRead MoreEssay on Diageo Case Study2402 Words   |  10 PagesExecutive Summary This is a strategic options case regarding Diageo, PLC. Diageo is a conglomerate focusing on premium alcoholic beverages. The firm originated in 1997 with the merger of Guinness and GrandMet. The company began with the mission to be the strongest premium alcoholic beverage producer worldwide. To that end, they have acquired a majority of premium brands in the spirits industry and a large portfolio of premium wines, while at the same time divesting itself of those companiesRead MoreDiageo Case Report2316 Words   |  10 PagesDiageo Case Report Scott Johnsson BMGT495 March 11, 2008 Strategic Issues In 2001, the conglomeration known as Diageo PLC became the world’s largest spirits and wine holding company in the world. This was the outcome of an intense acquisition of Seagram Company’s beverage assets for $8.15 billion. The resulting conglomerate faced complicated strategic issues concerning how it wished to move forward in its beer, wine, and spirits divisions. The subject of their inquiries focused mostly onRead MoreGuinness Essay4035 Words   |  17 Pagesanalyzing main marketing activities of Guinness- Diageo. An examination of the organizations orientation was analysed, strengths, weaknesses, opportunities and threats peculiar to Guinness Diageo was reviewed in comparison with academic literatures. The competitive advantage Guinness Diageo has over its competitors was reviewed and the impact, positive and negative, of the organizations marketing mix was subsequently evaluated. BACKGROUND OF DIAGEO Diageo is the worlds leading premium drinks businessRead MoreGeneral Mills Case3749 Words   |  15 PagesDecember 2000, management of General Mills made a recommendation to its shareholders that they authorize the creation of more shares of common stock and approve a proposal for the company to acquire Pillsbury Company, a producer of baked goods, from Diageo PLC. Company Information General Mills General Mills is one of the leading food companies in the world. It is the largest producer of yogurt and the second-largest producer of ready-to-eat breakfast cereals in the United States. The company is

Thursday, May 7, 2020

International Finance And Globalisation ( Mn7574 )

Assignment in the elective module: International Finance and Globalisation (MN7574) Conducted by: ............... Word Count: †¦. Describe the three key institutional bodies established in the Bretton Woods agreement. What was their purpose, and how did they operate? Give an account of the collapse of the agreement and discuss the consequences of this collapse for international finance. This coursework is submitted as part of the requirements for the award of the MSc in Finance University of Leicester – School of Management Leicester July 2014 Table of Contents Introduction 3 Section 2: Bretton Woods Institutions: purpose of establishment and cooperation 4 Section 3: Bretton Woods: The chronology of events 6†¦show more content†¦Opponents of the EU argue that since the formation of the Euro area we have observed an increasing divergence between the northern and southern European countries; with the former enjoying the majority of the benefits of the common currency and the latter facing significant issues with their macroeconomics and struggling to keep up with their northern counterparts. The formation of the EEA, however, was not the first attempt by societies to converge their interests under a common economic policy. Its predecessor, the Bretton Woods system that was formatted in 1944, endeavoured to set up a set of rules that would define the monetary relationships between a number of countries. Its primary feature was the commitment by the member nations to maintain a relatively fixed exchange rate against the dollar, which was tied to gold at a fixed rate. Alongside with the set up of the system, the members agreed to establish two institutional bodies that would oversee the members’ activities, provide assistance when needed and maintain the cooperation between the members. Those were the International Monetary Fund (IMF) and the World Bank of Trade and Development (World Bank). Subsequently, the members aimed to establish the International Trade Organization (ITO) that was replaced by the General Agreement on Tariffs and Trade (GATT). All three

Wednesday, May 6, 2020

Education Essays †Egypt Education System Free Essays

Egypt Education System The extension of the free compulsory instruction jurisprudence in 1981 was one of the grounds to unite the Preparatory Stage, both Primary and Preparatory stages ( Ages 6 through 14 ) together under the label Basic Education, as instruction beyond this phase depends on the pupil ‘s ability. Egypt operates two corresponding instruction systems: the secular system and the spiritual, or Al-Azhar system. The secular system consists of basic instruction which covers the first 8 eight old ages of schooling. We will write a custom essay sample on Education Essays – Egypt Education System or any similar topic only for you Order Now The 2nd degree divides pupils between three-year general academic secondary schools and three or five-year vocational schools, as there are three different types of secondary instruction which are general, proficient, and vocational Technical instruction. These types of instruction are provided in three-year and five-year plans, and include schools in three different Fieldss: industrial, commercial and agricultural. The 3rd degree is universities. The Al-Azhar system, which maintains separate installations for male and female from primary to university degree, enrolls 4 per centum of the country’s entire pupils, and is responsible for conveying the mission of Islam and uncovering its part to humanity’s public assistance and advancement. In this system, primary school extends over the first 6 old ages, and preparative school for the following three old ages. Students who successfully complete 4 old ages of secondary school can inscribe at Al-Azhar University.2 Al-Azhar University, which is considered to be the bastion of Islamic cognition in Egypt, was founded in AD 970. There are two sorts of authorities schools in Egypt which are Arabic Schools and Experimental Language Schools. Arabic Schools provide the governmental national course of study in the Arabic Language ; nevertheless, experimental Language Schools teach most of the authorities course of study in English, and add Gallic as a 2nd foreign linguistic communication. Furthermore, there are three sorts of private schools. As Government schools, private schools besides has different types such as ordinary schools, linguistic communication schools, and spiritual schools. First, Ordinary schools have the same manner of instruction of the authorities schools with more concentration on the pupils want and services provided to them. Second, linguistic communication schools have the same educational stuffs as the authorities with the exclusion that all those stuffs are taught in different linguistic communications ; this is beside the high fees those schools requires. The 3rd type of private instruction is spiritual that are established or controlled by Muslim Brotherhood. Their educational course of study is wholly unlike the authorities and Azhar schools. Private schools on Egypt are considered the best instruction because of high and assorted installations offered by those schools. This educational system is supervises by the ministry of instruction However, the Azhar instruction system is supervised by the Supreme Council of the Al-Azhar Institution and considered to be independent from the Ministry of Education, but is finally under supervising by the Egyptian Prime Minister. The Azhar schools are named â€Å" Institutes † and besides portion the same phases as the normal educational system which both include primary, preparatory, and secondary instruction. The Azhar schools in all stages teach non-religious topics, to a certain grade ; nevertheless, the bulk of the course of study consists of spiritual topics. All the pupils are Muslims, and males and females are separated in all stages. The Azhar schools are spread all over the state, but overly in rural countries. The alumnuss of the Azhar secondary schools are eligible to go on their surveies merely at the Al-Azhar University. In the early 2000s, the Azhar schools accounted for less than 4 % of the entire registration. There are both private and public universities of higher instruction in Egypt. The difference between them is that Public higher instruction is free in Egypt, and Egyptian pupils merely pay enrollment fees, but Private instruction is much more expensive and is considered to b for the elite, as alumnuss of such schools by and large do really good on their concluding secondary school scrutinies, which ensures them entree to what are considered as elect modules. Presently 98 per centum of alumnuss from secondary schools enter higher instruction. The higher instruction sector in Egypt is comprised of universities and establishments of proficient and professional preparation. The system is made up of 12 public universities, 51public non-university establishments, and 4 private ( for net income ) universities. In May 2000, there were 18 pending applications to open extra private for net income higher instruction establishments. Of the 51 non-university establishments, 47 are biennial in-between proficient institutes ( MTI ) , and 4 are four or five-year higher proficient institutes ( World Bank, 2000:1 ) . The major public universities are Cairo University ( 100,000 pupils ) , Alexandria University, Ain Shams University, and the 1,000-year-old Al-Azhar University. While the American University in Cairo, the German University in Cairo and the Universite Francaise d’Egypte is of the taking private universities in Egypt. Entry into the secular university system is based on the consequences of the Secondary Educational stage. Harmonizing to the article â€Å"Egypt, † â€Å"only pupils go toing general academic secondary schools were eligible to matriculate ; nevertheless since 1970 universities have been inscribing some pupils from vocational schools. The Placement Bureau of the Ministry of Higher Education controls admittance, and there is alegion clausesimposed by the Supreme Council of Universities ( SCU ) on admittance at institutional and province levels† . Al-Azhar University system, unlike other systems, requires certain certifications like a Secondary School Certificate from the Al-Azhar instruction system and a Certificate of Koran Recitation from a Koran Recitation Institute or keep an Al-Azhar sheepskin. Non-university instruction is offered by industrial, commercial, and proficient institutes which provide 2-year classs taking to diplomas in accounting, secretarial work, insurance, computing machine or wellness scientific disciplines and electronics. Technical instruction schools provide 5-year classs taking to progress proficient instruction sheepskin in commercial, industrial, and agricultural Fieldss. Although the American University in Cairo ( AUC ) has existed since 1919 as a private university, Egypt merely legalized Egyptian private universities in 1992 when the People’s Assembly passed a Law # 101 leting the constitution of private universities. The most indispensable consideration is that the Minister for Education must O.K. the assignment of private university, as presidents, and non-Egyptians can non busy taking places in private universities without the ministry’s blessing. The 2nd critical facet is that the Supreme Council of Universities indirectly supervises private universities and is responsible for monitoring criterions to guarantee that graduation certifications from province and private universities represent an equal instruction degree compared with the governmental certifications. â€Å"In May 2002, the private universities’ commission was replaced with theprivateuniversities’ council.The council has the same powers as the Supreme Council of Universities, which regulates public universities.† Many Peoples assume that private higher instruction establishments in Egypt are s establishments that â€Å"sell†grades to those who can afford the university expanses. Critics of private higher instruction in Egypt besides argue that private higher instruction is at odds with the rules of the1952 Revolution, which called for equal entree to educational chances for all citizens. Egypt is considered the state that has the largest higher instruction systems in the 3rd universe as it contains about 1.670 million pupils. Egypt relies in its instruction on biennial proficient institutes to go on supplying entree to all secondary school alumnuss while protecting the already overfed universities. Technical institutes enroll 40 per centum of all secondary school alumnuss. This deficiency of fiscal, human, and material resources consequences in hapless quality instruction in most universities and is considered by many people as non academic establishment. The figure of higher instruction pupils per 100,000 dwellers is 1,900 in Egypt compared to 1,132 in Morocco ; 1,236 in Algeria ; and 1,253 in Tunisia. Surveies on the societal category and educational backgrounds of province university pupils have revealed inequalities of entree to what are considered as high status/elite modules. To better the educational system in Egypt administration and control of higher instruction should be obtained by the Ministry of Higher Education, the Supreme Council of Universities ( SCU ) , and the Central Administration of Al-Azhar Institutes. The Ministry of Higher Education has a legal authorization over higher instruction by oversing and commanding the instruction, planning, policy devising, and quality control on primary and preparative schools and developing for basic instruction for instructors. The Supreme Council of Universities formulates is the 1 responsible for policy devising and decision making or commanding the figure of pupils to be admitted to each module in each university. Furthermore, supervising and disposal of the Al-Azhar higher instruction system is the duty of theCardinal Administration of Al-Azhar Institutes, which is a section of the Supreme Council of Al-Azhar that is responsible for the development of the general policy and planning to enable the spread of Islamic civilization and Arabic linguistic communication. In official discourse, instruction in Egypt is â€Å"free† from basic to higher instruction. While officially the province is responsible for funding higher instruction in Egypt, the state’s portion of higher instruction finance for universities was reduced to 85 per centum in 1994-1995, go forthing the universities to bring forth the staying 15 per centum through assorted gross variegation schemes. Sanyal ( 1998:16 ) , and the World Bank ( 2000:40-41 ) place the undermentioned gross variegation schemes adopted by Egyptian universities: ( a ) Charging nominal tuition fees for alternate academic plans that are perceived to be of high quality and presenting other relevant fees. For illustration, province universities have introduced foreign linguistic communication plans for which they charge tuition. Some public universities charge ?E1,000 as tuition for a degree plan in Commerce which uses English as a medium of direction. The figure of appliers in some degree plans in public universities exceeds available infinites, a phenomenon which gives room for universities to bear down tuition. While the tuition charged in this instance is still merely about 33 per centum of the existent cost of the plan, this agreement sets a case in point towards cost recovery in public establishments ( World Bank, 2002:40 ) . Besides, in recent old ages, a new system of admittance to the modules of Law, Commerce, and Humanistic disciplines allows a less qualified pupil to obtain a topographic point on paying an admittance fee of ?E 360 ( Sanyal, op cit ) . The impact of this pattern on the quality has been negative as manifested by a high figure of reiterating pupils in universities. Egyptian pupils pay between ?E30-?E150 per twelvemonth as a nominal tuition fee in authorities funded universities. In add-on, they besides pay necessary equipment, books, transit, and abode fees. The pattern of bear downing nominal tuition fees in Egyptian public universities goes as far back as 1924 when the Egyptian University ( now Cairo University ) started bear downing ?E30 per twelvemonth for all modules with the exclusion of the pharmacological medicine section that charged ?E20 per twelvemonth. This university besides imposed a non-refundable scrutiny fee of ?E1.16 Tuition fee in private universities range from E15,000-25,000. The American University in Cairo-the oldest private university in Egypt, charges a tuition fee of US $ 2,813 for 6 credits and US $ 469 for each extra recognition. ( B ) Income coevals by specialised university centres from: ( 1 ) Cooperation with industry ; ( 2 ) Patent rights ; ( 3 ) Provision of go oning instruction to industrial employees ; ( 4 ) Entree to research lab and scientific equipment ; ( 5 ) Manufacturing intermediate industrial merchandises ; In add-on, In 1998, theInternational Finance Corporation ( IFC) conducted an extended feasibleness survey onthe market for pupil loans in post-secondary instruction in Egypt.This survey recommendedagainstestablishing a pupil loan plan due to the undermentioned grounds: ( a ) limited market size ; ( B ) underdeveloped debt/credit market ; ( degree Celsius ) cultural attitude uncomfortable with personal debt and loans ; and ( vitamin D ) deficiency of a consumer recognition bureau ( World Bank, 2000 op cit: 41 ) . As a consequence of the above recommendations, the Egyptian Government by 2000 was be aftering to set upa ?E100 million-loan planfor destitute university pupils. Under this proposed loan strategy, pupils who canprovethat they are in demand of fiscal aid for education-related disbursals will be eligible to have up to?E1000 pertwelvemonthin authorities loans. The loans are to be involvement free and refund will be spread out over a period of 40 old ages after graduation. Problems and challenges in Egyptian higher instruction system are analyzed in the World Bank’sHigher Education Enhancement Project,which is a portion of a comprehensive reform scheme for higher instruction in Egypt. The higher instruction reform docket was influenced by the National Conference on Higher Education, held in February 2000, and aims to turn to Egypt’s demand to upgrade educational quality in the university sector. Egyptian higher instruction sector faces a figure of challenges including: ( I ) antiquated system-wide administration and direction ; ( two ) low quality and relevancy at the university degree ; ( three ) low quality and relevancy at the in-between proficient degree ; and ( four ) limited financial sustainability of publically financed registrations ( World Bank, 2000:1 ) . The job of financially weak registrations is related to the dramatic addition in registrations in university instruction.For illustration, registrations increased by 42 per centum between 1997/98 and 1998/99 taking to an 8 per centum diminution in per -student disbursement that exacerbated disparities in resource allotment between modules ( World Bank, 2002:41 ) . While the overall outgo on instruction as a proportion of GDP has grown from 3.9 per centum in 1991 to 5.9 per centum in 1998 with higher instruction having a 28 per centum portion of entire outgo in 1998, the dramatic growing of the higher instruction pupil population in Egypt creats a serious job in funding higher instruction. Given the high population growing in higher instruction, to merely keep the portion of 18-22 age group at its present 20 per centum degree ( this is an official policy ) would necessitate on norm an extra 60,000 new registrations in higher instruction for the following 10 old ages ( World Bank, 2000:2 ) . The authorities has no fiscal ability to make this. How to cite Education Essays – Egypt Education System, Essay examples

Monday, April 27, 2020

The most influential musician from 1870 to 1950

This paper tries to look at some of the greatest musician of all times to ever walk on the face of the world. The methodology that we are going to adapt for the essence of this debate will be based on the musician influence in relation to fun base and popularity during their time. Advertising We will write a custom essay sample on The most influential musician from 1870 to 1950 specifically for you for only $16.05 $11/page Learn More It will also use their success in the music industry which will be gauged by the number of times their records have held the first position in the billboards and also the number of record sells not only in America, but in the rest of the world. The source material for this discussion will include journals and articles that give reference to the musician’s success and influence during their time. It is critical to mention that between 1870-1950 music and performance was on an upsurge, it was not until after the 1950 th at most of the musicians and bands rose to make the most world changing hits that have gone down in history as the top fifty greatest songs with only one being of pre-1950 to make on the list. The song by Hank Williams â€Å"I’m so lonesome I could cry† is the only song from the top fifty greatest songs to be featured before 1950. The two musicians this debate will focus on will include Harry Launder and Hank Williamsas the casing point (Brackett7). Harry Launder is one of the greatest musicians and a performer in the Scottish and British realm.The entertainer was born in 1870 in Portobello Edinburgh to a John Launder a designer in China artefacts and Isabella a descendant from the black isle. Harry Launder started his early careerby working at the coal mines at the tender age of thirteen years and also realised his potential in singing at the time. He started performing his music shortly after getting married to Anna Vallance in 1891 (Gordon20). Launders first profes sional performance took place at a local Lark hall where he used to make about five shillings each night. He later moved to perform at the â€Å"go-as-you please† which was amore prestigious event in the town and made him prominent among the local community. Fame and fortune for Harry Launder came around 1905 when he successfully led a troop of pantomimes known as the Howard and Wyndham. This catapulted Launder to become one of the greatest performers in England and these lead to various contracts and music deals. Launder was estimated to earn  £1000 a night for his performances in the United States by the year 1911. In the following year Launder topped the charts in Britain becoming the first British in the history of entertainment(Graeme25).Advertising Looking for essay on art and design? Let's see if we can help you! Get your first paper with 15% OFF Learn More Some of the greatest hits by Harry Launder include â€Å"Roamin in the Gloamin†, â€Å"I love a Lassie†, â€Å"Keep right unto the end of the road† and â€Å"A wee Deoch-an-Doris†. These songs made Launder the highest paid performer of his time with an estimated amount of  £12,700 for each performance (Williams 138; Lauder 14). During his forty year music career, Launder had made twenty two visits to the United States and a couple of other trips to Australia with his own train. Other accolades to his title include being knighted after the world war one for raising  £1million for the troops to be rehabilitated and inculcated to the society. According to the Prime Minister Winston Churchill, Harry Launder had rendered to the Scottish race and entire British Empire an immeasurable service through his music and philanthropy. Harry Launder died in 1950 at the age of 79 years leaving behind a legacy of songs, books and films that he had written or stirred in (William70). The other musician to make history in the music industry was Hank Williams. He was born in 1923 with his birth name being Hiram King William (Brackett 32). Hiram would later change his name to Hank which sounded well according to him in country songs. In 1937, Hank would start his career in a radio station WSFA with the producer offering him a program of 15 minutes as the host with a salary of $15. This was after Hank had won a talent show at the Empire theatre pocketing the grand price of $15. With the rising popularity Hank would go on to form a band with the money he got from the radio show which he called â€Å"the drifting cowboys†, and this eventually led him to quit school.Hank would record songs like â€Å"Never again† and â€Å"Honky Tonkin† which did not do better. It was only after releasing the song â€Å"Move it on over†, that fame and fortune started to stream in.In1948,he signed a recording contract with MGM records. The following year, Hank went on to release â€Å"Love sick blues† which propelled his music to the mainstream media thus increasing his popularity as a singer. According to Helander (9), Hank was estimated to make $1000 at this point in his career for every performance he went. It is important to mention that, Hank had eleven number one songs in the American chart since 1948-1953 making him the most successful American musician of his time and also the most popular America singer only for his record to be broken by the likes of Elvis Presley and Michael Jackson in years after (Flippo16)Advertising We will write a custom essay sample on The most influential musician from 1870 to 1950 specifically for you for only $16.05 $11/page Learn More Other hits by Hank that have gone down in history of music include â€Å"You’re cheatin heart†, â€Å"Hey, Good looking† and â€Å"I’m so lonesome I could cry†. Even though by this time Hank had become a star, he nevertheless had issues that cut off his career and life. Ex cessive consumption of alcohol and morphine and other painkillers saw him being divorced by his wife and being kicked out of the band. Hank died in 1953 at the tender age of 29 years (Graeme 38). Hanks songs and composition have been used by other musicians in different fields such as pop, blues, gospel and even rock which have become instant hits (Wallace 84) In conclusion, it is critical to mention that the above artists even though they have a divergent appeal in relation to their music genre, their success is varied in regards to one opinion.It is crucial to mention that they made music that changed the world and entertained their audience even years after they themselves had gone. They achieved musical success at their time that made them become icons of their time. This aspect has been proved by both fame and fortune that this musicians were able to produce through their songs and lastly and the most important legacy to leave behind is their music which up to date resonate to the audience delight. Works Cited Brackett, David. Interpreting popular music. New York: University of California Press. 2000. Print. Flippo, Chet. Your cheatin’ heart: a biography of Hank Williams. London: Plexus. 1997. Print. Gordon,Irving. Great Scot! The life story of Sir Harry Lauder, legendary laird of the music hall. London:Plexus 1968. Print.Advertising Looking for essay on art and design? Let's see if we can help you! Get your first paper with 15% OFF Learn More Graeme, Smith.The Theatre Royal: Entertaining a Nation. Saddle River: Cengage, 2008. Print. Helander, Brock. The rockin’ ’50s: the people who made the music. New York: Schirmer Books. 2010. Print. Lauder, Harry.The Ancestry of Sir Harry Lauder, in the Scottish Genealogist, Edinburgh:Sage.2006. Print. Wallace, Lewes. Harry Lauder in the Limelight.London: OUP. 1988. Print. Williams, Lycrecia, Vinicur, Dale. Still in Love with You: Hank and Audrey Williams. London: Thomas Nelson Incorporated: 1991. Print. This essay on The most influential musician from 1870 to 1950 was written and submitted by user Damari Conrad to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Thursday, March 19, 2020

Middle Eastern Society and North American Society

Middle Eastern Society and North American Society This write-up seeks to evaluate the disparity and the similarities that exist between the North American and the Middle East society. The North American society is predominantly Christian. Accordingly, most individuals adhere to Christian values although there are other minority groups that observe other values.Advertising We will write a custom essay sample on Middle Eastern Society and North American Society specifically for you for only $16.05 $11/page Learn More Additionally, this society is capitalistic. Conversely, the Middle Eastern society is Islamic. However, their economic model is a moderation of communism and capitalism. The background provided above will enable us to discuss the disparity and likeness among the above societies (Sowell 80). The North American society is Christian. Therefore, the people are liberal about what they engage in. Unlike their counterparts, the Middle Eastern society is conservative owing to its religion. The Islamic re ligion demands strict adherence to its values. As such, the families in this society make a considerable contribution during marriage. The parents of the bride and groom have to approve the union. If the union is not approved, the couple may face countless challenges seeking acceptance in the society. Contrary, parents of couples in North American do not have any implications on relationships of their off springs. This reveals that Christianity does not bind marriages in the North American society. Nonetheless, religion in the Middle East society dictates what should transpire in any marriage. Therefore, relationships are superficial in the initial culture while in the latter, they carry deeper meaning due to the involvement of the parents and elders. Most divorces are resolved as per the Islamic religion. Conversely, in the North American society divorce procedure adhere to the court procedures or any settlement organized by attorneys of the parties involved. Therefore, these two c ultures treat relationships differently (Sowell 71). The members of these societies have different mindsets. The North Americans are more liberal hence; they do as their will guides them and are not reluctant to embrace new ideas. Additionally, they have a direct approach towards matters denoting their impatience. Conversely, the Middle Eastern society is conservative and diligent at approaching any matter. Therefore, members of this society are reluctant when presented with fresh ideas. In any interaction, the members of this society seek first to create a rapport then proceed to other activities. This denotes a conservative approach that is absent in the other society where people are not afraid to state what they want directly without fearing that it may denote rudeness (Robinson 208).Advertising Looking for essay on social sciences? Let's see if we can help you! Get your first paper with 15% OFF Learn More Despite the differences, the two societies also h ave likeness. The economic set up of the two societies inclines towards capitalism. The American society is capitalist hence; the wealth of an individual may depends on employment and the investments made. The above is also replicated in the Middle Eastern society that leans more to capitalism rather than communisms. This system leads to accumulation of massive wealth by few members of the population. This is evident between the two nations where most people are in the middle class. The two societies attach value towards economic achievements. Therefore, the individuals with economic power in both societies can access more privileges (Robinson 126). The two societies have a single dominant religion. First, Christianity dominates the North American society while Islamic dominates the Middle Eastern society. There are other groups in both societies that adhere to other faiths despite the dominance of one religion in both societies. The North American society is accommodating to other religions while the Middle Eastern society is aggressive towards other forms of faith (Robinson 165). Robinson, Francis. Cambridge Illustrated History of the Islamic World. Cambridge, UK: Cambridge University Press, 2009. Print. Sowell, Kirk. The Arab World, an Illustrated History. New York, NY: Hippocrene Books Inc., 2004. Print.

Tuesday, March 3, 2020

Favorite Quotes From Faulkners As I Lay Dying

Favorite Quotes From Faulkners As I Lay Dying As I Lay Dying is the fictional chronicle of Addie Bundrens death. The family undertakes a journey to bury her body. The novel is narrated with the shifting viewpoints of 15 characters- made all the more vivid with Faulkners use of the vernacular and stream-of-consciousness style. Here are a few quotes from As I Lay Dying. Riches is nothing in the face of the Lord, for He can see into the heart.The quilt is drawn up to her chin, hot as it is, with only her two hands and her face outside. She is propped on the pillow, with her head raised so she can see out the window, and we can hear him every time he takes up the adze or the saw. If we were deaf we could almost watch her face and hear him, see him. Her face is wasted away so that the bones draw just under the skin in white lines. Her eyes are like two candles when you watch them gutter down into the sockets of iron candlesticks. But the eternal and the everlasting salvation and grace is not upon her.I know her. Wagon or no wagon, she wouldnt wait. Then shed be upset, and I wouldnt upset her for the living world. With that family burying-ground in Jefferson and them of her blood waiting for her there, shell be impatient. I promised my word me and the boys would get her there quick as mules could walk it, so she could rest quiet.I have heard men cuss th eir luck, and right, for they were sinful men. But I do not say its a curse on me, because I have done no wrong to be cussed by. I am not religious, I reckon. But peace is my heart: I know it is. I have done things but neither better nor worse than them that pretend otherlike, and I know that Old Marster will care for me as for ere a sparrow that falls. But is seems hard that a man in his need could be so flouted by a road. I knew that nobody but a luckless man could ever need a doctor in the face of a cyclone.Its because Im alone. If I could just feel it, it would be different, because I would not be alone. But if I were not alone, everybody would know it. And he could do so much for me, and then I would not be alone. Then I could be all right alone.I reckon if theres ere a man or woman anywhere that He could turn it all over to and go away with His mind at rest, it would be Cora. And I reckon she would make a few changes, no matter how He was running it. And I reckon they would be for mans good. Leastways, we would have to like them. Leastways, we might as well go on and make like we did.The wagon moves; the mules ears begin to bob. Behind us, above the house, motionless in tall and soaring circles, they diminish and disappear.We go on, with a motion so soporific, so dreamlike as to be uninferant of progress, as though time and not space were decreasing between us and it.I heard that my mother is dead . I wish I had time to let her die. I wish I had time to wish I had. It is because the wild and outraged earth too soon too soon too soon. She cried hard, maybe because she had to cry so quiet; maybe because she felt the same way about tears she did about deceit, hating herself for doing it, hating him because she had to. And then I knew that I knew. I knew that as plain on that day as I knew about Dewey Dell on that day.It is as though the space between us were time: an irrevocable quality. It is as though time, no longer running straight before us in a diminishing line, now runs parallel between us like a looping string, the distance being the doubling accretion of the thread an not the interval between.Because it is not us that can judge our sins or know what is sin in the Lords eyes. She has had a hard life, but so does every woman. But youd think from the way she talked that she knew more about sin and salvation than the Lord God Himself, than them who have strove and labored with the sin in this human world.While I waited for him in the woods, waiting for him before he saw me, I would think of him as dressed in si n. I would think of him as thinking of me as dressed also in sin, he the more beautiful since the garment which he had exchanged for sin was sanctified. I would think of the sin as garments which we would remove in order to shape and coerce the terrible blood to the forlorn echo o the dead word high in the air. Then I would lay with Anse again - I did not lie to him: I just refused, just as I refused my breast to Cash and Darl after their time was uphearing the dark land talking the voiceless speech. I give that money. I thought that if I could do without eating, my sons could do without riding. God knows I did.It had been dead eight days, Albert said. They came from some place in Yoknapatawpha County, trying to get to Jefferson with it. It must have been like a piece of rotten cheese coming into an anti-hill, in that ramshackle wagon that Albert said folks were scared would fall all to pieces before they could get it out of town, with that home-made box and another fellow with a broken leg lying on a quilt on top of it, and the father and a little boy sitting on the seat and the marshal trying to make them get out of town.Jewel came back. He was walking. Jewel hasnt got a horse anymore. Jewel is my brother. Cash is my brother. Cash has a broken leg. We fixed Cashs leg so it doesnt hurt. Cash is my brother. Jewel is my brother too, but he hasnt got a broken leg.When I went to find where they stay at night, I saw something that Dewey Dell says I mustnt never tell nobody. Life was created in the valleys. It blew up into the hills on the old terrors, the old lusts, the old despairs. Thats why you must walk up the hills so you can ride down.Sometimes I aint so sho whos got ere a right to say when a man is crazy and when he aint. Sometimes I think it aint none of us pure crazy and aint none of us pure sane until the balance of us talks him that-a-way. Its like it aint so much what a fellow does, but its the way the majority of folks is looking at him when he does it.She looked pretty good. One of them black eyed ones that look like shed as soon put a knife in you as not if you two-timed her. She looked pretty good.Yes yes yes yes yes yes yes.Its Cash and Jewel and Vardaman and Dewey Dell, pa says, kind of hangdog and proud too, with his teeth and all, even if he wouldnt look at us. Meet Mrs Bundren, he says.

Saturday, February 15, 2020

Analytical report Assignment Example | Topics and Well Written Essays - 1750 words

Analytical report - Assignment Example Therefore, mobile telephony technology can be adopted by an agricultural organization due to the various reasons from the analysis be discussed below. The paper will seek to analyze mobile telephony technology in the agricultural sector. Mobile telephony in the agricultural sector can be defined as a process through which farming information services is provided to farmers. This information is provided to farmers who have access to mobile phones. Relevant information provided to farmers include: weather forecasts, product market prices, farming techniques and farming information in general (Rouvinen, 2006). In the process of analyzing agricultural mobile telephony, it is important to know: its advantages, disadvantages, impacts and usage. To begin, Agricultural mobile telephony services is a very easy tool to use and has greatly transformed the operation between producers and consumers globally. In order for a farmer to use this technology, a mobile phone is needed. The mobile phone must first of all be connected to a terrestrial network to enable communication. Moreover, internet accessibility by these phones usually plays a vital in providing additional information. To start using the service, one is required to s ubscribe to the agricultural service on their mobile phones. For example, a farmer can send the word ‘agriculture’ to a number like 211 in order to gain access to the variety of services provided. The farmers can then go ahead and choose their area of specialty. Since agriculture accounts for a large employment population in the rural sector, an agricultural company can effectively use this technology to address various issues that faces the rural agricultural sector such as poor farming methods. The company can benefit from this technology economically in form of investments because of the various advantages that comes with it. For example, the use

Sunday, February 2, 2020

RESEARCH COURSE WORK Essay Example | Topics and Well Written Essays - 2250 words

RESEARCH COURSE WORK - Essay Example Also, as far as population distributions are concerned, non-parametric tests make no assumptions about the shape of these distributions, nor do they assume that the two populations have equal amounts of variability (Miller, 2006). Correlation and Regression A correlation is a numerical value that describes and measures the characteristics of the relationship between two variables. Typically, correlation measures the direction of the relationship, whether positive (direct) or negative (inverse); the type of the relationship, whether, linear, exponential, quadratic, etc.; and, the extent of relationship, that is, correlation close to 1 or -1 indicates a strong relationship while correlation close to zero indicates the minimality of the relationship. If the relationship is linear, then regression gives the linear equation that best predicts the relationship between the independent and dependent variables (Gravetter & Wallnau, 2008). Measures of central tendency The mean, median and mode of a data set measure central tendency. The mean is typically the â€Å"average† value of the data set, taken by summing up all the data points and dividing the sum by the total sample size. The mean is used when the distribution is somehow evenly distributed, without the presence of extreme values. The mode is the most frequent value in the data set, and is most commonly used when the data is made up of categorical or nominal values. The median is the â€Å"middle value† or the score that divides the distribution in half so that 50% of the values lie below or at the median (Bluman, 2004). When a distribution is symmetrical, the right-hand side of the graph will be a mirror image of the left-hand side. In this case, there is only one mode and it is equal to the mean and the median. Skewed distributions, on the other hand, are lopsided towards one side. Positively skewed distributions peak at the left where the mode is, the median to the right of the mode and the mean to the right of the median. In negatively skewed distributions peaked to the right where the mode is, the median to the left of the mode, and the mean to the left of the median (Gravetter & Wallnau, 2008). The meaning of â€Å"Statistical Significance† Statistical significance is basically the level of risk that one is willing to take in rejecting a true null hypothesis. For example, when testing the equality of the means of two data sets at 1% or .01 level of significance, it means that on any test of the null hypothesis, there is a 1% chance of rejecting the null hypothesis and thus concluding that there is a difference in the means when there is no difference at all (Miller, 2006). Part B. The research topic The data set extracted from Brainmass.com was gathered to conduct research on the housing of a neighborhood that encompasses 5 townships. Using the data gathered from 100 housing properties, the researcher wants to find out the relationship of the characteristics of th e real estate property to its market value. Furthermore, the researcher wants to find out which among the variables have the greatest effect on the market price in order to come up with a mathematical model that will forecast the market value of a property given the values of the independent variables. The research variables The following variables were used in this data set: Price The variable â€Å"Price† refers to the current price or market value of the housing property, measured in thousands of US dollars. This variable is treated

Saturday, January 25, 2020

All Quiet on the Western Front - A Book Review Essay -- All Quiet West

All Quiet on the Western Front - A Book Review Professor’s Comments: This is a good example of a book review typically required in history classes. It is unbiased and thoughtful. The Student explains the book and the time in which it was written in great detail, without retelling the entire story†¦ a pitfall that many first time reviewers may experience. All Quiet on the Western Front is the story of Paul Baumer’s service as a soldier in the German army during World War I. Paul and his classmates enlist together, share experiences together, grow together, share disillusionment over the loss of their youth, and the friends even experience the horrors of death-- together. Though the book is a novel, it gives the reader insights into the realities of war. In this genre, the author is free to develop the characters in a way that brings the reader into the life of Paul Baumer and his comrades. The novel frees the author from recounting only cold, sterile facts. This approach allows the reader to experience what might have been only irrelevant facts if presented in a textbook. This book is written from a perspective foreign to most Americans. Historically, American students are taught from a single perspective, that being the American perspective. This approach to history (the single perspective) dehumanizes the enemy and glorifies the Americans. We tend to forget that those on the opposing side are also human. The author's main theme centers not only on the loss of innocence experienced by Paul and his comrades, but the loss of an entire generation to the war. Paul may be a German, but he may just as easily be French, English, or American. The soldiers of all nations watched their co... ...e preceding reasons, all college students should read the book. The book will captivate the educated mind, and most importantly, will cause that mind to think and to question why things happen as they do. Remarque also tried to teach his audience. Written within a decade of the end of the war, the book calls on those who forfeited their youth to the war not to allow time to hide what had happened. Time may heal all wounds, but the cause of those wounds must not be forgotten, nor allowed to repeat itself. The author is; however, pragmatic enough to realize that all will not learn the lesson; nevertheless, those who are willing to learn it will discover that the story has been told before, and without their intervention, it is doomed to be told again. Works Cited Remarque, Erich Maria. All Quiet on the Western Front. New York: Ballantine Books, 1984. All Quiet on the Western Front - A Book Review Essay -- All Quiet West All Quiet on the Western Front - A Book Review Professor’s Comments: This is a good example of a book review typically required in history classes. It is unbiased and thoughtful. The Student explains the book and the time in which it was written in great detail, without retelling the entire story†¦ a pitfall that many first time reviewers may experience. All Quiet on the Western Front is the story of Paul Baumer’s service as a soldier in the German army during World War I. Paul and his classmates enlist together, share experiences together, grow together, share disillusionment over the loss of their youth, and the friends even experience the horrors of death-- together. Though the book is a novel, it gives the reader insights into the realities of war. In this genre, the author is free to develop the characters in a way that brings the reader into the life of Paul Baumer and his comrades. The novel frees the author from recounting only cold, sterile facts. This approach allows the reader to experience what might have been only irrelevant facts if presented in a textbook. This book is written from a perspective foreign to most Americans. Historically, American students are taught from a single perspective, that being the American perspective. This approach to history (the single perspective) dehumanizes the enemy and glorifies the Americans. We tend to forget that those on the opposing side are also human. The author's main theme centers not only on the loss of innocence experienced by Paul and his comrades, but the loss of an entire generation to the war. Paul may be a German, but he may just as easily be French, English, or American. The soldiers of all nations watched their co... ...e preceding reasons, all college students should read the book. The book will captivate the educated mind, and most importantly, will cause that mind to think and to question why things happen as they do. Remarque also tried to teach his audience. Written within a decade of the end of the war, the book calls on those who forfeited their youth to the war not to allow time to hide what had happened. Time may heal all wounds, but the cause of those wounds must not be forgotten, nor allowed to repeat itself. The author is; however, pragmatic enough to realize that all will not learn the lesson; nevertheless, those who are willing to learn it will discover that the story has been told before, and without their intervention, it is doomed to be told again. Works Cited Remarque, Erich Maria. All Quiet on the Western Front. New York: Ballantine Books, 1984.

Friday, January 17, 2020

Edna come back from amrecia Essay

What do you think motivates Muriel to identify June as Edna? Does she act on the spur of the moment when she sees June at the water’s edge, or has she been searching for some time for someone who can solve her problems for her? Do you think she really believes that June is Edna? Muriel has been searching for some time for someone who can solve her problems for her because she was at her wits ´ end, but when June appeared Muriel understood that June was the perfect person to take care her family members who were mentally ill. To illustrate, her brother was a violent alcoholic, her niece was a mentally ill girl and her mother had Alzheimer ´s. There are many facts to support that supposition. First, June was left with nothing by Alastair ´s wife, and then when she was on the train on her way to the place where she had once been happy with her father, a friendly youth had stolen her handbag with all her belongings, so June did not have any documents which would identify her. This suspicious fact I think was prepared by Muriel. Second, perhaps Muriel had been following her because she knew that June was homeless without money and hopes. Coincidently, June was going to commit suicide when Muriel suddenly had appeared like her rescuer to offer June her help, and also she told her that she was Edna who had been in America. Third, in Muriel ´s house June was introduced to Ted, Muriel ´s husband, who studied June seriously and closely as if she was an examination paper before giving his acceptance to Muriel about June. Fourth, Muriel had convinced June to revert her new style to the old style which includes her hair and clothes because that is how Edna had dressed before. Fifth, also to convince June more easily that she was Edna, Muriel told June that her mother had passed on, but she had left a bit of money and a house for her. Finally, when Muriel gave June Edna ´s handbag, she found a snapshot, which showed June that she had also had a husband and a little daughter. All these facts were used by Muriel to convince June to accept that she is Edna and not June, but really Muriel knew that June is not Edna.

Wednesday, January 8, 2020

Personal Responsibility For Ma s Success Essay - 1474 Words

A number of factors contributed to Ma’s success. It may be useful to start with some of the key business principles he has vocalized and to refer to his background from there. His first principle relates to his own personal responsibility for the consequences associated with his business decisions. He has noted somewhat dramatically that if anyone has to go to jail as a result of following his direction, he should be the first to go. He also stated during his IPO in New York that if shareholders were unhappy, he would be willing to buy the company back from them. It is not clear whether this is a realistic suggestion, but the sentiment is certainly rare. This sense of personal responsibility often derives from starting in a position where one intimately knows all of his colleagues. This was the case when Alibaba began. Another of Ma’s core principles has been to maintain a sense of direction. As the CEO is responsible for setting the mission and the aim of a company, this job also entails expressing this to leading management the company as a whole as well as setting in place the process to execute it. Looking back, Ma has been instrumental in the company’s continual innovation, acquisition and expansion. This progress is reminiscent of clear task-oriented goals. Ma is careful to remind business leaders that a sense of modesty is helpful to the learning process. He claimed he is always happy when he has a student who knows something he does not. This willingness to learnShow MoreRelatedLeadership And Hofstede s Five Dimensions1264 Words   |  6 Pagesdegree to which a society accepts the fact that there is unequal power distribution in institutions and organizations. The concept of power distance based upon the measure of the social power and influence between a subordinate and superior. 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