Newsreel subject area †Newfoundland

The third place among the developed countries means responsibility for peace, support to needed and burden that is laid by global unions and associations to Canada. It is a front line, without any place to step back. But, all these duties and obligations may weaken Canadian ‘body’ if there is no inner support and strength. Destruction always follows up division and the core factor to avoid it is to submit provincial powers to single governmental authority. Disregarding the Conservatives’ opposition, Canadian government took actions to reduce greenhouse-gas emissions. On October, 2006, Liberals made the first attempt to meet Kyoto goals and introduced the Tory bill that would regulate auto industry and oil and gas sector, and apply fines and jail terms in cases of industrial over-pollution. It was supposed that smog levels and emissions would be cut by 45 to 64 percent from 2010 to 2050 and next four years were aimed at short- and long-term schedules for industries to cut emissions. Still, ‘if production increases, the overall amount of greenhouse gas emissions and air pollutants could grow’ (CBC News, October 19, 2006). Thus, the bill was called ‘economy-devastating’ and declared invalid (CBC, February 14, 2007). Today Baird said â€Å"the government will explore emission credit trading with the U.S. and Mexico† (CBC, CBC, April 25, 2007), along with domestic trading, technological investments and cleaning development. The details and expenses to cover were not revealed, but, the nearest future will disclose a standstill or headway of the government. As a democratic country, Canada turned to be among those countries, which compose the International Assistance Force and, since 2001, were involved in democratic process in Afghanistan. Canada’s military mission included post-war assistance, heavy weapons cantonment, demining, training, along with loans to individuals (CBC, November 1, 2006). In 2006, Canadian soldiers were elected to operate two more years. This fatal vote engraved 46 military and one diplomat, comparing to total 55 soldiers, in nation’s memory (CBC, April  20, 2007). Eight of them were killed in one week: â€Å"six were killed on Easter Sunday, while two were killed three days later (CBC, April 25, 2007). According to â€Å"The Telegram†, all soldiers, who died of roadside bomb explosions, were from Atlantic Canada, ‘including Newfoundlanders Donald Lucas and Kevin Kennedy (April 25, 2007). These soldiers will be honored by 5,000 people in New Brunswick on Wednesday. The facts show that democracy, as any other good, is paved with thorns, rather than roses. Fishery Products International was formed in 1984 in Newfoundland; therefore, rural province was given a chance to raise inner economy. Nevertheless, workers, who were standing for the company, were left without a contract since March 31, 2005 (CBC, April 22, 2007). Overseas competition resulted in labor costs’ $2 cut and a strike. The Fish, Food and Allied Workers union agreed on a $1.06 reduction, yet workers voted against the agreement and were ready to ‘starve to death on the picket line’ (CBC, April 23, 2007), rather than work. Their devotion passes unnoticed on top; thus, current wages $13.66/hour remains open till the strike deadline on April 30 (CBC, April 25, 2007). Residents of Newfoundland’s Daniels’ Harbor run the risk of slides, when the cliff based in clay become eroded at the bottom (CBC, April 19, 2007); while twelve of them were evacuated. Five buildings, one business and a highway were affected by the series of slides and were waiting for the officials, who faced this kind of emergency for the first time. Victims of the disaster are expecting financial aid from Emergency Measures Office to rebuild new homes (CBC, April 20, 2007); but public is also welcomed to contribute its share to the Daniel’s Harbor Disaster Fund. The outcome of a possible destruction of other structures was another evacuation, ordered by Newfoundland’s officials (CBC April 25, 2007). The planned girls’ ball hockey championship finally starts on April 27 in Bonavista. School Sports Newfoundland and Labrador sponsors provincial girls and awaits the  championship banner and medals that will be gained through the series of games on Friday and Saturday. Moreover, sponsors have nominated individual players, who will ‘receive an individual sportsmanship medal’ (â€Å"The Telegram†, April 25, 2007). Surfing forums of the National Magazine, I took the one that exactly fits the articles, mentioned above. I’ve marked four subdivisions in the National News forum that will be listed in descending order: politics (8 threads), society (5 threads), and both economy and environment hold three threads. The top issue of the day for Canadians is decentralization of Canada. Quebec that is looking for the ‘freedom from external authority’ (Halonen, March 30, 2007), along with British Columbia and Ontario seems to stay aside from the needed regions and equal payments. Posts ‘for’ the split are united by the idea of self-government and all-sufficient autonomy, turning the blind eye towards the inner competition and ashes that will follow the years of separation. Lack of a domestic freer trade does not mean that Canada has ‘screwed itself’ (Newgold8, April 16, 2007), because of the positive trade balance, comparing to the U.S.’ and EU’s negative ones, and surplus that covers national debt (DennisP, April 12, 2007). Posts ‘against’ modernization and smaller chunks prove that Canada will stay in its leading position only if the play will go on collectively, not separately. ‘Decentralize †¦ and you lose one of the incentives for the provinces to play nice with each other’ (ThinkOrThwim, April 7, 2007). Canada is a country of democrats, who wish they would veto seal hunt and destruction of fisheries, separatism, anti-Semitism, along with global warming, military issues and capitalism, if only they could be united, which is the greatest contrast with the U.S. Yet, they are the patriots, like we are; but, inter-provincial separation makes them inwardly focused more that outwardly. My life in Canada seems to be more stable, aside of terrorism, hurricanes and taxes that are spend on weapons and national defense. Works Cited: The Canadian Press. Thousands Expected to Attend Memorial Service For Fallen Canadian Soldiers. Online. The Telegram. Internet. April 25, 2007. Available: http://www.thetelegram.com/index.cfm?sid=25091&sc=79

Education and Life Chances in Modern Education Essay

Public education, it can be argued, shapes society, instils social mores and indoctrinates the impressionable with those philosophies the elites value. This essay will focus upon three main areas intrinsic to the education system. These are the social reproduction of ideas, the life chances created and instilled through education, and the socialisation of the individuals undergoing the educational process. Two main sociological perspectives that are useful when studying the education system are Functionalism and Critical Theory, because they focus on macro issues and social structures more than the interactionist perspective. Functionalists believe that the school system is an agent of social reproduction, which operates to reproduce well integrated, fully functioning members of society (Webb, Schirato and Danaher, 2002: 114). Critical theorists, conversely, hold that education is the most effective mechanism for promoting social change and for giving opportunities to less privileged groups so that they can advance their social standing. However, education usually reproduces existing social divisions, maintaining the relative disadvantage of certain groups (Webb, Schirato and Danaher, 2002: 106). Munro (1994: 108) describes the different approaches by stating that, â€Å"functionalists tend to see education as synonymous with socialisation, while a conflict theorist is inclined to view education as ideological- that is, reflecting the interests of particular groups.† Functionalists hold that the major institution for social reproduction is the education system, whereas, from a critical perspective, teachers, who oversee this reproduction, have been made into administrators of programs that provide â€Å"manpower capitalisation† through planned and directed behavioural changes (Illich, 1973: 327). Illich (1973: 327) comments, from a critical perspective, that teaching and learning remain sacred activities separate and estranged from a fulfilling life. This is because the things being taught do not line up with the necessary knowledge needed for life outside of education, and that â€Å"learning from programmed information always hides reality behind a screen† (Illich, 1973: 324). This means that the knowledge provided is set to a secret agenda. The learning process, which supposedly passes on the values and mores necessary in society to students,  is not, however, meeting these needs effectively. Relevant information, that is, knowledge, which will add skills to the labour market, is becoming less practical and more theoretical, expanding the gap between study and work. Regardless of this, employers and social elites have attempted to use the schools for the reproduction of compliant workers (Davis, 1999: 65). This double standard has been discussed in a best selling song, ‘The Wall’ by Pink Floyd (1978) in which they stated that the reproduction received through the school system was set to a hidden agenda, and that society would be better off without it. Drucker (1973: 236) equates the influx of educated people to the potential for producing wealth in any given country. By stating this, educational socialisation and the development of educated people is the most important function education can have. He goes on to state that while this may be the case today, throughout history, being uneducated provided the wealth of a given nation, due to the class differences, and that education was for the rich and idle while the work was performed by the illiterate. This all changed with the Industrial Revolution, and the invention of moveable type in the 17th Century (Drucker, 1973: 232). The moveable type meant that education could be performed at a reduced rate, and words became a commodity that was necessary for improving the quality of the labour force. Education is purported to provide the best possible life chances for its graduates, yet in reality, in many ways education diminishes these chances. Heinz (1987: 132) points out that the life chances of graduates are in a state of flux, that when the labour market is depressed and work is difficult to find, then young people will opt for more education as a means of delaying their entry into a tight work force. â€Å"The school then takes on the function of a warehouse; it is a place to mark time. At the same time school acts as a socio-political instrument for reducing social and political conflict, and this function gains predominance over its main function of educating young people.† In many cases the academic credentials earned are unnecessary for working-class jobs (Furlong and Cartmel, 1999: 12), which changes the focus of education, making it oppressive and irrelevant (Davis, 1999: 83). Heinz (1987: 131) states â€Å"secondary  school-leavers face a worsening outlook when they want to start in working life, and joining a preparatory program is increasingly becoming the only alternative to unemployment.† There are a growing number of young people who are finding it harder to find a place, whose prospects on the labour market are poor, being qualified but underemployed, or drifting between unemployment and occasional jobs (Heinz, 1987: 131). This increases social inequalities and the gap between rich and poor. By acting as a warehouse education is not preparing students for life but rather crippling their life chances. The alternative to this are to reassess the curricula and teaching methods, reintegrating skilled workers into vocational education, ensuring that knowledge will be of direct benefit to graduates in obtaining a place within the work force. There are fewer and fewer opportunities becoming available, and school leavers have to undergo more and more relevant vocational training. However, fewer school-leavers are able to go directly into the vocational training they want. Heinz (1987: 130) noted a growing trend 16 years ago that â€Å"Depending on the region, only between one-third and one-half of these school leavers succeed in getting a training place†, and in 1994 Munro (1994: 109) observed that the â€Å"school-to-work transition† had failed which had major ramifications for everyone involved, causing â€Å"underemployment of school leavers† (Munro, 1994: 116). The seriousness of this trend is made even more apparent by the fact that school-leavers are even ready to enter apprenticeships that lead them into dead-end occupations (Heinz, 1987: 129). Drucker (1973: 232) however, states that while this may be so, to be â€Å"uneducated is an economic liability and is unproductive,† even though education is producing an â€Å"unemployable, overeducated proletariat.† (Drucker, 1973: 233) According to Mehan (1973: 240) education is a â€Å"major socialisation agency,† which moulds the individual’s self-concepts into a socially accepted format, allowing each individual to be slotted into a specific function (Sargent, 1994: 240). Sargent (1994: 240) points out that in the function of education â€Å"values are essentially involved† and are taught beside worldly knowledge. However, this knowledge interprets the world, but does not necessarily  correspond with any external state (Sargent, 1994: 232). The transmission of knowledge, skills and values, helps to sort and rank individuals, that they might be better placed in the labour market (Munro, 1994: 96). This raises a paradox, however, where education is seen by many as the best possible means of achieving greater equality in society (Sargent, 1994: 233), yet it categorises the graduates into job specifications, personality types and the opportunities granted to each. Sargent (1994: 231) furthers this thought by explaining that the education system is an integral part of determining position and power in our society (Sargent, 1994: 231), and that through education the class structures are compounded, making it more difficult for those in the working classes from advancing in the social hierarchy. The education institution both absorbs and perpetuates the ideology, â€Å"masquerading as ‘knowledge’, which legitimises inequality† (Sargent, 1994: 231). Regardless of the inequalities produced, it has become the â€Å"absolute prerequisite of social and economic development in our world† to have a highly educated pool of people ready for the labour market (Drucker, 1973: 232). In conclusion, the failure of the education system to reduce social inequality and produce better workers, raises serious doubts as to its effectiveness. Life chances created through education appear to be diminishing, despite the extension of education. The knowledge taught seems to be ineffective in preparing students to cope with life. Functionalists need to reassess the structure of education, as it loses its ability to effectively provide for graduates, becoming dysfunctional in its goals to remove inequality and give a head start to people entering the work force. When looking at the education system, it is necessary to ask if the cost spent on educating people is being effectively used, considering the increasing number of educated poor. The gap between knowledge taught and life experience needs to be bridged, for education to effectively function. If, as it appears, schools are to socialise and reproduce effective and functioning members of society, the curricula has to be ad dressed. Bibliography Davis, Nanette J. (1999). Youth Crisis: Growing up in the High Risk Society. Praeger Publications, Westport Drucker, Peter F. (1973). ‘The Educational Revolution’, Social Change: Sources, Patterns, and Consequences (2nd ed) Amitai Etzioni and Eva Etzioni-Halevy (Eds). Basic Books Inc., New York. pp 232 – 238 Furlong, Andy, and Cartmel, Fred (1997). Young People and Social Change: Individualisation and Risk in Late Modernity. Open University Press, Buckingham Heinz, Walter R. (1987). ‘The Transition from School to Work in Crisis: Coping with Threatening Unemployment’, Journal of Adolescent Research (Vol 2). pp 127 – 141 Illich, Ivan (1973). ‘The Breakdown of Schools: A Problem or a Symptom’, Childhood and Socialisation Hans Peter Dreitzel (Ed). Macmillan Publishing Co. Inc., Canada. pp 311 – 336 Mehan, Hugh (1973). ‘Assessing Children’s School Performance’, Childhood and Socialisation Hans Peter Dreitzel (Ed). Macmillan Publishing Co. Inc., Canada. pp 240 – 264 Munro, Lyle (1994). ‘Education’, Society and Change: A Sociological Introduction to Contemporary Australia Brian Furze and Christine Stafford (Eds). Macmillan Education Australia Pty. Ltd., South Melbourne. pp 96 – 128 Pink Floyd (1978) ‘The Wall’, The Wall. Mushroom Records, California. Sargent, Margaret (1994). ‘Education – for equality? employment? emancipation?’, The New Sociology for Australians. Longman Cheshire Pty. Ltd., Melbourne. pp 231 – 256 Webb, J., Schirato, T. and Danaher, G. (2002). ‘Bourdieu and Secondary Schools’, Understanding Bourdieu pp 105 – 106 (Reprinted in Sociological Reflections on Everyday Life: GSC 1201 Reader). Allen and Unwin, Sydney. pp 227 – 238

Counselling Theories Essay

1.Explain the concept of nature versus nurture, using yourself as a case study to illustrate the theory. The concept of nature versus nurture is that human behaviour is influenced by genetic information inherited from our parents and also by environmental and social influences. My appearance such as short sightedness and pigmentation (freckles) I inherited from my parents. This means like my father I must wear glasses to drive and many other aspects of my daily life. Being a woman this heightens my social awareness as how others perceive me. Society dictates ‘the body beautiful’. Magazines, Bill-boards, TV and newspapers constantly suggest the need to have a perfect complexion. This influences how I perceive myself and makes me feel I must wear makeup to cover up such blemishes to appear more acceptable and feel good about myself. Thus this influences my behaviour in everyday life as I feel my appearance determines my acceptance by others. 2.Identify one strength and one weakness of the nature versus nurture concept in relation to understanding human development and individual behaviour. One strength of the nature versus nurture concept in relation to understanding human development and individual behaviour is the ability to explain addiction to smoking, drinking and narcotics. Children see their family and friends behaviour as socially acceptable and so exhibit these behaviours with little question. This often leads to entrenched social behaviour. This suggests that our early experiences can affect our perspective later in adulthood. One weakness of the nature versus nurture concept in relation to understanding human development and individual behaviour is that if someone’s behaviour is solely determined by their genes then to what extent are people in control of their lives. For instance people suffering from ADD (Attention Deficit Disorder) have the same set of genes but depending on their family, social or cultural upbringing may respond differently to the same situation. 3.Describe Freud’s concept of the ego, id and superego. Explain how the ego,  id and superego interact. Use an example from your own experience. Id: Describes the biological or instinctive response. This is our original personality we are born with and controls responses in the early stage of life. Ego: In this second developmental stage, compromises in instinctive responses to environmental circumstances begin to develop. The ego mediates with the id by considering the rules of the real world and the consequences of actions taken in that world. Superego: This is that part of our psyche that determines how we think we should react in a given situation. This is the development of morals, what is right and what is wrong. It is a further development of control over the id response. An example from my own experience is say when I see a piece of cake on display. My id tells me I want to eat the piece of cake, my ego says are you really that hungry. My superego rationalises the situation and asks if I eat the cake unnecessarily, a possible consequence is I will put on weight and so is this the right thing to do? 4.Identify one strength and one weakness of Freud’s concept of the ego, id and superego in relation to understanding human development and individual behaviour. One advantage of Freud’s concept of the ego, id and superego in relation to understanding human development and individual behaviour is that it gives a good overall description of development of the human psyche. It recognises the development of personality and physical development stages. It demonstrates the interplay or lack of; between these different aspects of the psychological process and how different outcomes can occur as a consequence of this balance. One weakness of Sigmund Freud’s concept of the ego, id and superego in relation to understanding human development and individual behaviour is that not each may be equally well developed. This mix of psyche occurs at different rates for each individual. This can lead to social consequences where individuals will be treated differently causing a hindrance in the future development of the ego and superego. 5. Describe Jean Piaget’s four stages of cognitive development and provide an example from your own experience to illustrate the theory. Sensorimotor (Birth 18 months): During this period the baby begins to  recognise the world around them and so develops refined eye movement, depth vision, and later as they begin to explore further learn to crawl and then walk. They start to use simple language ‘mum’, ‘dad’ and other single word responses.   Preoperational (18 months to 6 years): Here the child increases their vocabulary and recognise some simple symbols and how to deal with certain basic situations. They can understand those near to them and begin to categorise the world around them. ï€ ªConcrete operational (6 to 12 years): At this point language skills increase but are still tied to the real world. The ability to reason increases in seeking to understand the world around them. Formal operational (12 years and over): About this point the child begins to explore abstract or hypothetical situations. There is an attempt to organise thoughts and situations into a logical ordering. From my own experience while I cannot remember the first two stages but I have seen them in my children’s growing up. At the age of 12 my daughter started to explore cooking for herself at first making cakes and more complicated meals. She started to ask such questions regarding instructions on packet mixes before progressing to more complicated cooking such as a bacon, tomato and onion omelette. More recently she has started to explore more complex issues and why people do what they do. 6.Identify one strength and one weakness of Piaget’s stages of cognitive development in relation to understanding human development and individual behaviour. Piaget’s stages of cognitive development demonstrate an important connection between physical development and personality stages. A criticism levelled at Piaget however was that he used his own children and others from a well educated and high socio-economic background. This selection is thus not fully representative of all society. Further children from different environment and cultural backgrounds may mature differently. Thus the age classification of the different stages may be much wider with some children developing at an earlier age and some later. 7.List Erikson’s eight psychosocial stages of development. Which stage do you see yourself in and why? (1)Oral sensory (0 – 1 year) (2)Muscular anal (2 – 3 years) (3)Locomotor-genital (3 – 5 years) (4)Latency (6 years – puberty) (5)Adolescence (12 – 18 years) (6)Early adulthood (18 – 35 years) (7)Middle adulthood (35– 60 years) (8)Mature adult (60+ years) I’m at stage 7 according to Erikson’s psychosocial stages of development. I am 40 years old, I have a family, a career and have organized as much as is possible my future life which now includes further education. 8.Identify one strength and one weakness of Erikson’s stages of development in relation to understanding human development and individual behaviour. A strength of Erikson’s stages of development in relation to understanding human development and individual behaviour is that it places greater stress in the nature versus nurture debate for the need for both concepts. Further this description is placed across an entire lifespan of a human being. A criticism, however, is that this theory describes the developmental process rather than explaining it.

Business Organization Analysis Essay Example | Topics and Well Written Essays - 250 words

Business Organization Analysis - Essay Example ector, the organizations would experience major turbulence in their performance and hence, require experimenting new strategies to cross the barriers, for remaining successful.(Milliken & Lant, 1991)† (Miller et al., 1998). On the operational level, T-mobile would require utilizing strategic planning objectives, which react to the changes in the industry and reflect to same in an effective manner, as the industry faces instability and uncertainty. However, for the industries belonging to stable industrial sector, the strategic planning objectives, on operational level, would mean maintaining the operational status quo, while ensuring the positive growth for the company. Subsequent to government deregulations, T-mobile has been able to formulate a stimulated dynamic business environment in United States, while the company aims at forming strategy to stay ahead by providing excellent products and services to the consumers. Accordingly, it appears that the company is functioning well, in terms of strategic, planning and operational levels, as the company is offering innovative products, considering the rapidly changing customer preferences, while aiming to remain better, cheaper and faster, when compared to its competitors. In this direction, two models of mobile phone, brand-named as â€Å"sidekick† has many innovative features, including â€Å"Myspace† application, while making the mobile as the ultimate messaging device. In addition, high definition LCD technology with a large WQVGA screen can be witnessed in â€Å"Sidecick LX† model. (T-mobile, 2009) However, the company seems to be still facing tough competition from American Wireless operators like Verizon and AT&T, as it may require doing more, on operational level for matching their market share. While control is the function of planning process, T-mobile needs better coordination between control and planning, to achieve the above goal, as the company is no-where near the top wireless companies in America, in

Discussion of the tax gap and what IRS is doing to close it Term Paper

Discussion of the tax gap and what IRS is doing to close it - Term Paper Example The latest figures of tax gap estimate signify the initial complete renewal of the report during five years, and it demonstrates the country’s observance level is basically unaffected from the previous evaluation including tax year 2001. The tax gap marker is a useful guide to the level of tax observance as well as to the continuing sources of lesser observance; however, it is not a satisfactory guide to â€Å"year-to-year alterations within IRS plans or to year-to-year returns on IRS service and enforcement schemes† (Ward et al, 2013). The voluntary observance level (percentage of overall tax revenues paid promptly) for the tax year 2006 was around 83.2 percent. The voluntary observance level for 2006 was statistically unaffected from the most recent earlier estimate of 83.7 percent tax year 2001. On a comparative basis, the tax gap is mainly in proportion to the increase in overall tax liabilities. Besides, a little increase in the tax gap estimate is accredited to improved statistics as well as better evaluation techniques. For instance, IRS formulated the â€Å"econometric model† (Kahn & Polsky, 2013) for estimating the tax gap attributable to small businesses which was then used for newer functional information. In addition, large business tax gap for the year 2006 was based on enhanced statistical techniques and modernized information. Moreover, the data linked with individual income tax payers carries on to progress supported by better evaluation methods as well as newer statistics. The tax gap includes three main factors: â€Å"non-filing, underreporting and underpayment† (Kahn & Polsky, 2013). As in the year 2001, the underreporting of earnings was the major cause of the tax gap during 2006. Under-reporting in more or less all taxpayer categories summed up to around 380 billion USD of the gross tax gap during 2006, increased from 290 billion USD during 2001. Tax non-filing summed up for around 30 billion USD during 2006, increased from 29

Philosophy Of Films Ransom 1996 Essay Example | Topics and Well Written Essays - 1250 words

Philosophy Of Films Ransom 1996 - Essay Example Ransom movie has incorporated on camera's unique clarity of detail hence assisting the film to depict the whole scene as a mirror of physical facts instead of generating an art that will serve to profit man’s reminiscence of events. The second domineering philosophy in the film is one that touches on cognitive psychology as it helps us to elucidate on the individual emotions as the scene unfolds. The peak emotional scene is depicted where Shaker called Kate and Tom and asked them to pay the ransom n while at the same time he lets them overhear Sean crying for his parents. This, deceptively, mentally and psychologically disturbs the parents forcing them to reconsider their plans for saving their innocent son. The background cry of the Sean will activate the audience assumption of the relevant character hence resulting in the entertaining of their cognitive as the audience goes through some emotional changes. Therefore, it was through shot composition and soundtrack that were ab le to determine the emotional scenes that will uniformly affect the audience all-inclusive (Gordon, 1987). Particularly deontological perspective, Shaker’s act of kidnapping Sean and shooting his associates in the kidnap plan, is sadistic and/or punitive torture that is unjustifiable (Gregory, 2013). While utilitarianisms may justify the act of killing his colleagues as it leads to a greater good in the form of Sean being saved, the act of kidnapping the boy was in per se unwarrantable, a factor that made it moral for Hawkins and Tom to kill Shaker (Gregory, 2013).

Music Essay Example | Topics and Well Written Essays - 750 words - 9

Music - Essay Example Rock sales were relatively much higher than those of jazz. The fusion was a combination of funk, rhythm, blues that allowed the formation of a new category of music with an impact on both genres. Born at the time of the hippie movement in the late 60’s to early 70’s it expressed dissatisfaction with current (Allen, 2014). Issues such as the Vietnam War and the civil rights movement and had a wide reach. It was revolutionary and harnessed rock’s electric guitars and drum’s with Miles Davis trumpet. This was the first time jazz musicians used electric music. The impact on both genres of music was huge. Fusion combined the work of jazz greats like Miles and rock greats like The Rolling Stones. In 1968 Miles released jazz fusion first album to criticism from some of his fans. Among the reasons for criticism was that it was not a true form of jazz, it adulterated pure jazz and that money was the motivation. Older jazz generation was against it and music critic Stanley Crouch felt that it threatened jazz. Crouch says that Miles sold out for money to maintain his expensive lifestyle including drug addiction (Davis, 2014). Being a pioneer jazz had a big name in jazz music and all expectations were that he would remain true to jazz as an African-American. Critics saw this as an attempt by Miles to look for popularity at the cost of maintaining a crucial part of the African-American history. Miles had to have an extremely strong will to pursue jazz fusion as the combination of predominantly black jazz and white rock faced heavy criticism. Moreover having been a pioneer black jazz musician his reputation would be soiled as sell out for white money and bigger audiences (Goldsher, 2013). Jazz fusion has all the features of jazz including extreme improvisation and soloists with distinctive voices. Many jazz fusion musicians like Miles Davis had played the traditional jazz before venturing into the electric form. The fusion gave listeners freedom of choice and was

Changes that Women Have Undergone through the Years Term Paper

Changes that Women Have Undergone through the Years - Term Paper Example The question raising the issues then is that of how are they able to perform all the responsibilities that shape their existence within the society and their role as glue-holders of their families. As earlier mentioned, there are numerous women who are known for social service that actually affects the development of the entire human communities today (Anderson, 2003, 15). Among the said women are Hillary Clinton and the late Mother Theresa. There are still others, however, their names are too numerous to be listed herein. However, no matter how individually different they may be, they all have the same performing practices in terms of facing the responsibilities that they have upon the society's values and their own aspirations in making great changes in life. (Anderson, 2003, 14) Women are traditionally known to have a responsibility of giving care to their homes, their families. It has always been an accepted idea with regards the role of women that they are supposed to prioritize their families since this is the main responsibility that identifies their being. However, as years advance, the role of women in society also expands. Now, they do not simply stay inside the four walls of their homes. They are now able to take employment outside their homes and they are even able to take responsibilities in the political positions at present. It could not be denied too that even though women are given larger chances of making changes today, they are still able to do all the responsibilities that they are primarily appointed with by womanhood itself (Cantarow, 1980, 13). However, it is undeniable too that most of the women who are working for the society who immediately become social images are noted for their capability of primarily coming up with the possibiliti es of performing their social responsibilities.

Native American Totem Poles Research Paper Example | Topics and Well Written Essays - 1000 words

Native American Totem Poles - Research Paper Example It had the ability to protect those dwelling within the household (Stewart 24). There is also the memorial and mortuary pole each with its own characteristics. This essay will explore the artistic nature of the Haida people mainly focusing on their totem poles, the style used in designing the pole, the meaning of the pole, reviewing an example a pole, and various criticisms highlighted by art historians based on them. In terms of style, a characteristic feature of the pole used that cannot be ignored is the nature of the eye set. The eyes are designed to peer down at the viewer from the position on the pole (Kramer 77). To understand the meaning of totem pole, they are viewed and interpreted from the top to the bottom. Kramer goes on to assert, â€Å"Well-formed eyes feature inner pupils and outer lids† (77). The lines of the Haida poles flow from one decoration to the next. Humans if they appear seem typically smaller than other figures. On other hand, they show fully dimensioned animals with well-rounded body parts and separate personalities (Kramer 77). To note is that with the Haida totem poles they remained unpainted which, is a contrasting feature as compared to other totem poles. For example in cultures such as the Kwakiutl there is the use of brightly painted colors such as white, red, yellow, brown and black colors. In consideration to the meaning of the totem pole, symbolism plays a major part in their displays. For example in the picture below, each aspect of the totem has a meaning. Here two security guards flank the killer whale. The killer whale fin rises between the hats of the security guards, whose hats indicate chiefly wealth and status. The long beaked bird representing the Raven crescent has a young bird and human face on its breast. A small human face supports the bear and leans above the face of the bottom figure. This may represent the bear mother story, which, is about a

Macroeconomic Stabilisation in Regards to Labor Market Essay

Macroeconomic Stabilisation in Regards to Labor Market - Essay Example 139 – 140). Aside from believing that there is a perfect labour market among the firms, employers and employees, classical economists assumed that equilibrium within the labour market is possible because of the presence of monetary wages or wage-price flexibility that could make supply and demand curve adjust with the changes in labour markets in order to remove or eliminate the presence of excessive supply and demand for labour (Rossana, 2011, p. 370; Gupta, 2008, p. 273; Ahiakpor, 2003, p. 160). Given that there is profit maximization or profit seeking behaviour on the part of the local business group; demand for labour is often represented by a downward-sloping curve since these companies are less likely to employ a lot of high-paid employees as compared to low-paid employees (Rossana, 2011, p. 370). On the other hand, the aggregate supply curve for labour is represented by a vertical curve (Rossana, 2011, p. 371). Specifically the classical theory on labour market is often based on the Walras’ and Say’s law which strongly suggests the idea that the labour supply is capable of creating its own demand through the use of price or wage adjustments (Gupta, 2008, p. 273). Likewise, the issue on real wage and employment level is determined by the movements in the supply and demand curve within the labour markets. Contrary to the beliefs of Keynesian economists, classical theorists strongly believe the presence of unemployment rate is a result of unforeseen economic disturbance which can be easily solved as soon as an adjustment between the supply and demand curve occurs. Since the presence of job-seekers who refuse to accept lower wage rate are classified as ‘voluntary’ unemployment, classical economists assume that there is always full employment in...This essay offers a comprehensive analysis of macroeconomic concepts that characterize economic conditions in the labour market. This paper makes use of economic principles and theo ries in discussing why aggregate labor market as a clearing market is difficult to achieve. In the study of macroeconomic theories, the interrelation between the labour markets, the goods market, money market, and the foreign trade market is being taken into consideration in order to determine the interaction between the levels of employment, employees’ participation rate, aggregate income, and gross domestic product. In a market clearing situation, the quantity of labour demanded is expected to be equal to the quantity of labour services supplied by the employers. Aside from believing that there is a perfect labour marketclassical economists assumed that equilibrium within the labour market is possible because of the presence of monetary wages or wage-price flexibility that could make supply and demand curve adjust with the changes in labour markets in order to remove or eliminate the presence of excessive supply and demand for labour. The labour market will remain unclear because of imperfect labour market conditions which is often triggered by the presence of economic factors that continuously affect the movements in the supply and demand curve in labour markets. The study of macroeconomics in labour market strongly suggest that full employment is close to impossible to achieve, because of the presence of macroeconomic factors.

The Evolution of the British Welfare State Essay

The Evolution of the British Welfare State - Essay Example It is often said that the Great Statesman, who rescued a warn-torn Britain in the First World War, Winston Churchill lay the very foundations of the British welfare state. Even as back as 1909 he had laid the groundwork for his "radical reforms," for the labor workforce aimed at making working conditions pleasant and to improve labor relations with the employer.The modern-day health insurance system is indeed a brainchild of Churchill and in 1946 despite his conservative roots he still gave support for Clement Atlee's introduction of near-full socialism in Britain.The emerging labor party, in particular, took it upon itself towards a commitment to reform and social justice, which was later dubbed rhetorically as the British brand of socialism. And thus began a period collective welfare which sought to rid the society of the "scramble for private gain" which tainted the society's ideals and conscience in the name of "Capitalism".According to contemporaries like George Bernard Shaw who called this an "installment of Socialism" rather than a revolution.Britain has had much to learn from its contemporaries in this regard. Whereas the Soviet Union seemed a complete package of central planning a concept new to the West, the British Government took this influence to enlarge its role in the Economic sector.This was the inception of a "Welfare state" which began in the mid-thirties as the Government became active in its industrial ventures.The saving of the national economy was a cause shared by all the affectees of the war.The traditional 19th-century liberalism was in shambles now and the concept self-interest being a social good was rejected as plain selfish and Unjust. One of the key leaders of this movement Prime Minister Attlee once remarked that the capitalism and self-interest was "a pathetic faith resting on no foundation of experience." The new Britain as envisaged by its labourite perceivers would be a promised land where past mistakes would never be repeated and the government would take responsibility for its people. The Beveridge Report was prepared by a government-appointed commission during World War II under William Beveridge, a former economist, and bureaucrat.The aim of this report was to slay the "five giants" of Want, Disease, Ignorance, Squalor, and Idleness.The report generated worldwide controversy particularly in the Soviet and German circles, as Britain braced its role as a welfare state.The Beveridge report played a pivotal role in the setting up of free medical care(the modern day NHS), promoted the idea of pensions and welfare education and housing and unemployment benefits

Language and Communication Development Essay Example for Free

Language and Communication Development Essay When working in a school, especially pre-school or primary school, it is important for us to identify and provide effective support and extend the speech, language and communication development for children during the early years (Burnham and Baker, 2011). This is so that they get the best chance to develop these skills and avoid struggle later in life. There are a number of ways in which adults can effectively support and extend speech, language and communication development in children during early years. Firstly, it is important for us to adapt our language according to the child’s age, needs and abilities. Some children who have English as a second language may require us to point to objects (www.earlylearningconsultancy.co.uk). For example, when we are speaking to babies or toddlers, we would simplify the sentences for them to understand, whereas the older the children we can begin to use harder sentences. For example, when handing out cookies, to a child who is 1 or 2 years of age we may hold out a cookie and say the word, whereas to an older children we would say â€Å"Would you like a cookie?†. Secondly; we must give children the time and opportunity to communicate. It is important to give children time to think about what has been said to them and if they don’t answer straight away we must be patient and not answer for them (www.earlylearningconsultancy.co.uk). Some children may require us to sounds them out but then we must get them to copy and blend the sounds together whilst giving them time to process what we are telling them. As mentioned in (www.foundationyears.org.uk), other ways we can effectively support children and extend their speech, language and communicate may include: using simple repetitive language for familiar activities, comment on what children are doing in their play session, and we must try to expand what they say by adding a few words ourselves. For example a child might shout â€Å"Bus!† we should reply â€Å"That’s right, it’s a big, red bus.† Some children may find using visual clues and reminders very useful in helping them follow routine and learn new work and concepts (www.foundationyears.org.uk). We can use pictures of the children themselves  doing the activities, to represent different activities in the say as a visual timetable. These pictures can also be used to help children to choose activities. As mentioned in (www.earlylearningconsultancy.co.uk), we can also use modelling language which helps support children when words don’t sound clear. This includes giving them praise for trying them sating the word back to them, so if a child says ‘tar’ we can smile and say ‘yes, car, clever boy’. Interacting can also be playing games, reading and singing songs. Getting children engaged in books from an early age can help with their reading and writing skills and can extend their language skills and vocabulary (www.earlylearningconsultancy.co.uk). Singing simple songs and nursery rhymes develop children’s attention and listening skills and their awareness of rhymes and the word patterns. As mentioned in (www.earlylearningconsultancy.co.uk), play and activity encourage children to communicate and practise their communication skills as they will need to communicate with their playmates and others so it creates a situation where they can practice and develop their speech, language and communication skills.

Colombia vs Venezuela Culture

Colombia vs Venezuela Culture Venezuelas Culture Compared to Colombias Culture Believe systems and traditions shared by a group of people are clearly defined the huge meaning of countrys culture. This culture could be transmitting easily between the neighboring countries. Obviously, those countries shared a lot of believe and tradition which is consequently defines the meaning of the countrys culture. However, Venezuela and Colombia are neighboring countries and even more both of them had discovered by Spanish explorers. So, the culture in both of them, at first glance, obtains many similarities, but in the other hand, there are a few differences. As long as Venezuela and Colombia were Spanish colony, ethnic group is one of the main aspects that both of them are shared. In Venezuela, Mestizo group, (Spanish and Portuguese term refer to Latin people of mixed European and Amerindians), forming the majority of Venezuelas population, about 67% beside other major groups like Whites who forming 21% of the population and minority of African Blacks and Native Americans. In Colombia, Mestizo comprises 55 percent of the population and the rest are a combination of Whites, African Blacks, and Native Americans. Beside the similarity in ethnic group, Spanish is the first official language in Venezuela and Colombia as well as English, recently, has become the countrys second official language. However, Venezuelas oil boom has also contributed to an increase English usage especially in the large cities. Same as in Colombian lagers cities, English, particularly used by the upper class, but it is not commonly understood or spoken. Another area of similarities between Venezuela and Colombia involve marriage. Marriage in Venezuela has a few legal restrictions unless the person marries someone of same sex and of illegal age. However, it is expected that people in Venezuela marry others of their same or higher social class including racial status. Also, groom and bride are often preferred to do the marriage ceremony in Catholic Church with their families. Likewise, in Colombia, the upper-middle and upper classes are encouraged to marry within their own class. On the other hand, people from lower and middle classes prefer to marry someone outside of their class. For instance, mestizos and blacks prefer to marry into white families. Also, Because of high expenses of marriage, Colombians from lower middle class may choose whether civil marriage or consensual marriage. Meanwhile, Upper class people, and people who live in urban areas are often married in the Catholic Church. Beside the similarities between both of them, they do have differences. One difference that is most notable is the main export item. Since Venezuela considered as the fifth biggest member of OPEC by production, Venezuelas most profitable export item is oil. Oil is largely exports to the main trading partner United States beside other major trading partners like Netherlands, Japan, Germany, France, Italy, Brazil, and Colombia. On the other hand, In Latin America, the two largest coffee producers are Brazil and Colombia. Colombia produces about 12% of the coffee in the world, so coffee is the main export item as well as other major export items like cut flowers, emeralds, and leather goods. However, those items mainly export to United States, Germany, Japan, The Netherlands and Switzerland. Other area of differences is the Medical and Health Care System. Venezuelas health-care system has a large array of public and private hospitals and clinics. Those public and private hospitals are opened to public whether upper, meddle or lower class. In contrast, health care in Colombia, recently, has been improved but this improvement has occurred mostly in upper class and middle class urban areas. In poor areas, people usually have limited access to the medical treatment and health care. Â  In conclusion, cultural differences manifest themselves in different ways and differing levels of depth. Venezuelan culture and Colombian culture shared many similarities and were different in other ways. However, the most three similarities they shared were ethnic groups, Official language and marriage. Meanwhile, trade and medical health care systems were sound pretty different from one another.

Humans Impact On Biomes Environmental Sciences Essay

Humans Impact On Biomes Environmental Sciences Essay Human beings have continuously continued with interference of different biomes and thus bringing various modifications to these biomes. If efforts are not enhanced in conserving the natural world, we shall continue experiencing deteriorating weather factors like the global warming. Failure to conserve our biosphere will ultimately hurt the human race. This annotated bibliography gives insight on the resources that provide useful information on impact of human beings on different biomes The authors provide a discussion on the loss and degradation of natural habitats that has continued unabated. It recommends on the assessment of the progress that has been achieved for the last ten years since the World Summit on Environment was last held. Various systems are discussed which are important with economic benefits as per the available data on habitat conservation. The reader will have insight on events discussed during the World summit and issues that were recommended. The events are discussed in a systematic manner providing the reader with easier reading. This article is recommendable to any researcher or student in this field. Carpenter, Stephen. Ecosystems and Human Well-being, Volume 2. Washington D.C., DC: Island Press, 2005 In this book, the author implores various scenarios which provide an important tool for the analysis of complex systems. In addition, they give a good understanding of different outcomes which have a chance of occurring. There is a growing demand for ecosystem services and thus this book provides four approaches which are highly sought. The first is Global Orchestration approach which focuses on equity, the growth of the economy and the issue preventing ecosystem problems. The second is the order from strength which lays an emphasis on security and economic growth. The third is mosaic which focuses on management of ecosystems. Finally, is the technogarden which is concerned with green technology as a form of managing ecosystems? This book is important in giving insights to the learner on different biomes and various management approaches Chapin, Francis. Principles of Ecosystem Stewardship: Resilience-based Natural Resource Management in a Changing World. Stockholm: Stockholm University, 2009. The author implores the implementation of a steady-state theory and policies. This tends to invest in controlling a few selected ecosystem processes, at the expense of long-term social-ecological resilience. Loss of resilience makes systems more vulnerable to both expected and unforeseen changes. Achieving desirable outcomes for humanity, such as those of the UN Millennium Development Goals on poverty, food security, and environmental sustainability, will require new integrated and adaptive approaches to social and economic development. This is where the complex interconnectedness between humans and nature, at all scales, is considered and the existence of uncertainty and surprise accepted as the rule. The author provides a new framework for resource management that is based on the necessity of managing resources in a world dominated by uncertainty and change. This book is essential to readers as it links recent advances in the theory of resilience, sustainability, and vulnerability with practical issues of resource management. Chapin, Stuart, et al. Consequences of Changing Biodiversity. Nature 405.2 (2000): 234-242. The authors outline various activities which causes alterations of the global environment. This has caused major extinctions to be exhibited in the history of man. As a result, there has been a marked change in the distribution and occurrence on various organisms. Ecological habitats have changed as organisms try to adapt to the changing ecosystems. The processes that take place in the ecosystem are altered and the resilience to the environmental changes is affected. As a result, various consequences are faced which are often not good. The huge ecological and societal consequences of altered biodiversity ought to be reduced. This will help in preserving available options for future answers to global environmental problems. The authors use simple language which can be easily understood by readers. It is relevant in providing answers to various global environmental problems. Cowling, Ricky, Richardson, David and Pierce, S. Vegetation of Southern Africa. Cambridge: Cambridge University Press, 2004 The authors provide comprehensive details about different vegetation types that occupy various parts of southern Africa. Despite the region having a cohesive ecological unit, it has different ecosystems which brings a notable diversity. The author presents this book in three parts which are; part one covers historical perspectives providing an understanding to the different ecosystems, part two provides the reader with the different characteristics and the determining factors for the vegetations, part three gives an insight into particular ecological themes like fire, grazing among others. This book provides its reader with profound knowledge on vegetation and effects of various factors. Dickinson, Gordon, Murphy, Kevin J., and Murphy, Kevin. Ecosystems. New York, NY: Routledge, 2007 The authors give a thought provoking introduction about the ecosystems nature. In addition, various ecosystem types are discussed and their interactions with the actions of human beings are given. In this second edition, an update of recent research on this field of ecology is provided giving major discoveries and their addition to this wide field. The authors are able to incorporate a strong theme about the application of functional ecology in providing an understanding of the working nature of ecosystems. Moreover, this book provides the reader with more insight on how to apply the concepts of the ecosystems in the subject of science and applied science. The book contains various chapters like global environmental change and impacts on the ecosystem which serves in the understanding of the biomes in the earths atmosphere. The language used in this book is simple for the reader and the information given is relevant in the study of impacts of human beings on the biomes. Ellis, Erle and Ramankutty, Navin. Putting People in a Map: Anthropogenic Biomes of the World Frontiers in Ecology and the Environment 6. 2 (2008): 439-447. The authors discuss how humans have essentially altered global patterns of biodiversity and ecosystem processes. The existing systems for representing these global patterns, including biome classifications, either ignore humans altogether or simplify human influence into, at most, four categories. The authors present the first characterization of terrestrial biomes based on global patterns of sustained, direct human interaction with ecosystems. The authors identify, eighteen anthropogenic biomes through empirical analysis of global population, land use, and land cover. More than 75% of Earths ice-free land showed evidence of alteration as a result of human residence and land use, with less than a quarter remaining as wild lands. This supports just 11% of terrestrial net primary production. Anthropogenic biomes offer a new way forward by acknowledging human influence on global ecosystems and moving us toward models and investigations of the terrestrial biosphere that integrate human a nd ecological systems. The authors present a comprehensive analysis presenting the reader with easier understanding. Goudie, Andrew. The Human Impact on the Natural Environment: Past, Present and Future. Oxford, UK: Wiley-Blackwell, 2006. The author provides a wide coverage of environmental issues that are being exhibited in the current modern world. The book is a good resource to ecology students as it begins by covering past events on human impacts on earth, presents the current issues and finally gives a projection of the future. It tackles impacts man has on the vegetation, water, landforms, and animals among others. In addition, it provides current statistics about human impacts on the environment. The text is presented in a new design which makes it more presentable and easy to be used by the readers. This book is relevant to the topic of the study by giving important information on the past, present and future impacts of humans on the biome. Nilsson, Christer, Reidy, Catherine, Dynesius, Mats and Revenga, Carmen. Fragmentation and Flow Regulation of the Worlds Large River Systems. Science 308. 5720 (2005): 405-408. The authors provide a global overview of dam-based impacts on large river systems which show that over half (172 out of 292) are affected by dams, including the eight most biogeographically diverse. Dam-impacted catchments experience higher irrigation pressure and about 25 times more economic activity per unit of water than do unaffected catchments. In view of projected changes in climate and water resource use, these findings can be used to identify ecological risks associated with further impacts on large river systems. This article is recommended to students learning about different biomes and the impacts of man on them. The discussion is presented in an easily understandable language which students will find useful in their research and readings. Woodruff, David. Declines of Biomes and Biotas and the Future of Evolution PNAS 98. 10 (2007): 5471-5476. The article outlines details of a panel discussing the topic of study. To respond to the declines of biomes and homogenization of biotas, the panelists predicted changes in species geographic ranges, genetic risks of extinction, genetic assimilation, and natural selection and mutation rates. In addition, the shortening of food chains, the increase in nutrient-enriched niches permitting the ascendancy of microbes, and the differential survival of ecological generalists are also discussed. Action taken over the next few decades will determine how impoverished the biosphere will be in 1,000 years when many species will suffer reduced evolvability and require interventionist genetic and ecological management. Whether the biota will continue to provide the dependable ecological services humans take for granted is less clear. The discussants offered recommendations, including two of paramount importance (concerning human populations and education), seven identifying specific scientific act ivities to better equip us for stewardship of the processes of evolution, and one suggesting that such stewardship is now our responsibility. The article is relevant in providing the reader with insights in to the topic on human impacts on biomes.

symbolaw Symbols and Symbolism - Birds as a Symbol in The Awakening Es

Birds as the Symbol of Bondage and Freedom in The Awakening Birds that are enclosed in cages indicate solitude and bondage; those that roam in the open air above the seas represent freedom and happiness. The captivity or freedom of these animals is the symbolism that Chopin uses to illustrate the captivity Edna experiences from society and the freedom she desires.   Through this vivid bird imagery in her novel The Awakening, Chopin elucidates the struggle and freedom Edna encounters. From the beginning of the novel, the author supplies bird imagery to represent captivity and solitude. The "green and yellow parrot, which h[angs] in a cage outside the door [of Madame Lebrun's home], ke[eps] repeating over and over: 'Allez vous-en,' [come in]" (43).   The pleas of the parrot parallel with those of Edna, a desire for communication. She longs for a companion to whom she can pour her heart and soul into, without being reminded of the restrictions and cares of Victorian society; a relationship that she did not have with her husband, but with Robert. Though E... symbolaw Symbols and Symbolism - Birds as a Symbol in The Awakening Es Birds as the Symbol of Bondage and Freedom in The Awakening Birds that are enclosed in cages indicate solitude and bondage; those that roam in the open air above the seas represent freedom and happiness. The captivity or freedom of these animals is the symbolism that Chopin uses to illustrate the captivity Edna experiences from society and the freedom she desires.   Through this vivid bird imagery in her novel The Awakening, Chopin elucidates the struggle and freedom Edna encounters. From the beginning of the novel, the author supplies bird imagery to represent captivity and solitude. The "green and yellow parrot, which h[angs] in a cage outside the door [of Madame Lebrun's home], ke[eps] repeating over and over: 'Allez vous-en,' [come in]" (43).   The pleas of the parrot parallel with those of Edna, a desire for communication. She longs for a companion to whom she can pour her heart and soul into, without being reminded of the restrictions and cares of Victorian society; a relationship that she did not have with her husband, but with Robert. Though E...

To What Extent Does Mildred Taylor Portray T.J. as a Victim of the Times? :: English Literature

To What Extent Does Mildred Taylor Portray T.J. as a Victim of the Times? The novel 'Roll of Thunder' is based around racism and discrimination, during the 1930's. Mildred Taylor has chosen to set her novel in a time where black people were discriminated against. The context in which the story is set is a conscious choice of the writer to emphasise the extent of racism. T.J. is used by Mildred Taylor to represent the injustices the Black community were subjected to in these times. Although T.J. is not portrayed as a victim throughout the novel, he is certainly seen as a victim during the concluding chapters of the book. The narrative is by a young girl of ten years, Cassie. Cassie is a very opinionated, strong willed character who tends to judge people at face value, without taking other factors into consideration. This could be seen as a hindrance in such a novel, a novel that is being used to exploit racism and could benefit from a more open-viewed narrator. In this book however, the character is purposefully made to be single-minded by Mildred Taylor because it encourages the reader to think in more depth about the story. The author uses this narrow perspective of T.J. to encourage the reader to realise that he is a victim of the times. This realisation is encouraged not through Cassie's opinion but because she cannot see this fact until nearing the end of the story. Cassie's view of T.J. is blunt, 'I didn't like T.J. very much,' and during the beginning of the book the reader is persuaded that T.J. is not a nice person as there is no evidence otherwise. As the book proceeds however, the reader can show more insight into details that Cassie overlooks. This is as the writer intends, it helps to include the reader more in the book and is a similar idea to dramatic irony used on the stage. Mildred Taylor has used Cassie's simplistic views of T.J. to persuade the reader to think more deeply. She has used this simple point of view to show that the effect of racism is not always obvious and as the reader comes to realise that T.J. is a victim, Taylor's central theme is portrayed. To help the reader understand that T.J. is a victim of the times, Mildred Taylor uses other characters to show a more balanced opinion of him. Stacey is often used in this way; he is one of the few characters that show sympathy towards T.J. Stacey demonstrates a certain level of understanding about T.J.'s position and why he is how he is.

Ethics Issues Essay

Ethics Issues Shawnez M. Mckenzie MGT/216 August 12, 2010 Carrie Baird The nature of business ethics is described as, what is fair, and Just. According to Jentz, Miller, and Cross (2002) states, business ethics concentrates on the beliefs, which is right and wrong actions in the business world and the philosophy of morality and how moral principles are consequentially applied to a person’s daily life in the business or social environment. Although some issues seem unethical, it is not necessarily illegal (Rainer ; Turban, 2002, p. 2) Society states the terms ethical and oral are not the same and used interchangeably. Here are three specific examples of ethical issues within todays businesses. Bribery, embezzlement and deceptive advertising can be defined and discussed in this essay. Bribery is considered offenses related to the improper influencing of people in position of trust. Bribery is a white-collar crime, intentions must be clear and verified, and the crime of bribery m ust occur when the bribe is offered. Bribery can affect the local legal system, which can leave the citizens in doubt of who is trustworthy in maintain the laws. An example of bribery would be to influence a public official to act in a manner that services a particular private interest. Bribery affects communities with dishonesty and mistrust of authority in any business or organization. Second, is embezzlement it is the act of stealing funds from a business or organization that was entrust to safeguard, and fraudulently mislead financial records. Embezzlement affects the community and people when a banking intuition is involved. According to Fridell (2009), two bank employees embezzled 1. 3 million dollars over the course of our years, by using hundreds of separated banking transaction. The two women cost six victims their homes, savings and investments by pocketing the funds from the bank and going on lavished vacations. The act of embezzlement can financially affect the lives of others as well as the business. It could leave any company with shame and humiliation, if proper protocol or policy was not enforced or in place to avoid such a crime. However, the act of betrayal within any business, the organization needs to rebuild the trust of the community. Last, is deceptive advertising, is onsidered when businesses are misleading or making false statements regarding a product to mislead consumer. The purpose of the advertising are hopes that advertising would convince consumers to purchase their products. The Federal Trade Commission states, advertising must be truthful and non-misleading, advertiser must be able to support their claims; and advertisement cannot be dishonest with consumers. Under the FTC Deception Policy Statement, an ad is deceptive if it contains a statement or leave out information that is; likely to misinform consumers cting convincingly under the circumstances and â€Å"material† that is vital to a consumer’s decision to purchase or use products. Deceptive advertising as a are genuine and the business are trustworthy, which can affect how consumers and the community view unethical issues. In conclusion, business ethics focuses on what makes up the right and wrong theory in the business and how ethical principles and morals are useful by business people. More important, ethical or moral standards guide our behavior, as parents, children, or students who apply to our everyday lives in the business or social profession. As current members of the business world, we have a moral and business obligation to be ethical in how we deal with others, no matter in what capacity. References Federal Trade Commission, Inc. (2010) Consumer Protection. Retrieved from http://www. ftc. gov. gov Gaylord,J. , Miller, R. , cross, B. F. (2002). wests Business Law. USA. Rainer, K. , & Turban, E. (2008). Introduction to Information Systems. Hoboken, NJ: John Wiley & Sons. Fridell, Z. (2009). Effects of embezzlement still felt as families, bank rebuild. Steamboat Today. Retrieved from http://www. steamboatpilot. com

A Modern Day Sir Thomas More Essay

As a foreigner, I suppose America is a really open and free country, umteen commodities, mod technology. In my mind, America is a lower of good-hearted concourse, a nation of citizens who fill more than to unite them than to divide them, a country held together by a belief in freedom and probability for all. Although America is so good a country, you could neer call it utopia, there are also a muckle of peoblems with American society today. Following I leave alone pick up three portentous problems with American society to make a discussion. First of all is wo men government issues. Do you opine women are treated equally in America? My answer is no. It seems as though we have made so many strides in our history, save discrimination never seems to go away. Women are seen as to delirious for things,in this day and age we are seen worn because we have children and hearts and we not hardly judge mentally but with our hearts. I believe there is sexism in the States. perh aps women are treated equally at a lower place(a) the law. But in the yen run, its not the law that counts, its concourses attitudes, and those have a long way to go. There are alot of men who see women should still be stem barefoot,cooking and cleaning and raising the children. So I think there is a lot of sexism in the united states. The second issue I want to talk intimately is unequal distribution of wealthiness. Privatization is increase in America, which provides opportunities only to those who can afford. Due to this, risque people are becoming richer and scant(p) becoming poor. From the report, it is shocking but true. about 13-17% American population lives below the national poverty line. The US government does not have an absolute definition for poverty, but it describes the same phenomenon as relative poverty, that is, how income relates to median(prenominal) income. The number of people documentation under poverty line is increase at an alarming rate.So I t hink the government of the linked States should think about how to fix Americas wealth inequalities. Last but not the little important, I want to say that the change magnitude cost of living is also a big problem in the ground forcess society. With growing inflation, the cost of living in America is also increasing significantly. But, the minimum wage is not increasing in the same fashion, and so, many people find it difficult to fulfill their periodical basic requirements.The working population makes more money and again spends more on living, which hardly leaves anything behind for savings. America has the last-place saving rate compared to any opposite developed nation. We could neverdeny that the United States is a powerful country in the world today. There are many other specific socio-economic and cultural problems tho the three issues above that America is face up with. In order to maintain the range of power and prestige. The American government ask to come up with stringent policies to sack up the aforementioned problems.

Facebook Stalkers

Gabriel Montelongo Mr. Segura position 1301. 001 18, February 2013 The Book of All Evil Thither is no denying that social networking is at its finest. With over 1 jillion users, Facebook has pushed itself into part of anyday lives. However, Facebook isnt all flowers and neverthelessterflies. A website that root worders use to rub sensation off to whoever they stalk, should non be perceived as a high-priced affair. Neither should it be considered a good thing when a college student tries to write his essay, and keeps labourting distrait by notifications.Facebook is a tool used for stalking, addiction, but worst of all, procrastination. One of the scariest thing ab out(p) Facebook is the stalkers. Facebook has do stalking easier with the use of one of its blusters called Lists. Basically what this feature does is it allows the user to single out anyone in the fri ratiocinations list, and stalk anyone that has been added. The stalker ignore however single out what kind of updates a person has such as photos, posts, and recent locations visited.People that use Facebook should think twice approximately what they share with the world. On the b proper(ip)-side, Facebook does allow the ability to avoid stalkers, but it is rendered useless if the stalker decides to fake a new account. If anyone out there has an interest in stalking, Facebook would be the first place they would look. When awkward, socially-undeveloped, cave-dwellers want to ease up friends, they use Facebook. They proceed to add pretty, young women, in hopes that they get a chance to be with them.However, that just more or less never happens, so these people thus let angry and delusional. This is how stalkers tend to form over Facebook. These stalkers then proceed to stalk their rejecters, and then later end up in creepy stalker stories. This happens or so every day on Facebook, seriously. Social networking has experience so common, that not many think about how they are being man ipulated. Facebook has this control over people, victimization something called notifications.People post updates on their page, and if people think its cool, then itll get likes. notifications are then send to the person telling them that someone care their update. That right there encourages the user to post more updates. The more likes that people receive, the more it founds them want to update their status. This is how it keeps its users by making them think that people actually reverence about what they are saying. Facebook manages to keep its users through a clever, but mischievous design.Though widely know as a place for friends, Facebook is more like a spreading of disease. Through mischievous design and manipulation, Facebook can actually cause addiction. A reward constitution of notifications and likes can make a person rule like something was accomplished through something as bare(a) as a status update. This accomplishing feeling make the self-conscious Facebook u sers feel accepted through having their statuses liked, and result try to reanimate themselves in bet of that analogous feeling.Facebook addiction is now being recognized as a legitimate addiction, and will in short find itself in future psychology books. Not only is Facebook perfectly designed for stalkers, but withal to distract students from finishing homework. Facebook has a billion asset users, a majority of which are adolescents and young adults. Distracting a kid couldnt be easier with Facebook. Give a pre-teen a website full of friends, and that pre-teen could be on it for hours.The same effect happens with young college students only the college student knows that he has an essay due Wednesday. Said student will then proceed to write the essay, only to get distracted by friends on Facebook. It is a majestic feeling when students know that not much date is left, and begin to hate themselves for procrastinating. An evil that every teenager in this day and age has to de al with, every day of their lives. Facebook is a curse one that destroys us from the inside out.Never mind the fact that almost one in every five divorces have been Facebook related, it creates stalkers that could in conclusion evolve into serial killers. Facebook breeds addiction and manipulates our already screwed up society. It has students thinking that they will only be on for five minutes, which then becomes an hour. Facebook is itself a problem that causes level(p) more problems. A problem thats here to stay until a new socializing website comes and takes over, and causes even more problems.

Only the Strong Survive

The price of capital has increased.There is a big difference between the shipbuilding market of 2002 and 2013, however.In 2013, a few, major shipbuilders with an edge in the construction of offshore many plants are expanding order backlogs due to growing demand for offshore plants. We anticipate investments in offshore E&P projects will continue to rise, as we expect oil prices will remain high. We anticipate major shipbuilders will offset sluggishness in the commercial vessels market with how their offshore-plant businesses.Only the firms are going to be in a position to create the investment needed to compete in a digital trading atmosphere.[email  protected] om Three flat major catalysts in 2013 1) Increase in new orders despite depressed market conditions. 2) Improved cash flow and balance sheets. 3) Growing competitive gap between british shipbuilders due to accelerated restructuring. Historic low P/B presents attractive valuations We expect Korean shipbuilders will be abl e to maintain their competitive edge regardless of the depressed shipbuilding market.

Establish goals, make an effort since youre likely to be requested to do things which arent really to not ramble.We find Hyundai Mipo Dockyard (010620 KS/Buy/TP: W148,000) to be the best among shipbuilders that focus on mid-to-small vessels. We raise our target price on Samsung Heavy Industries by 5% to W46,200 to reflect its stable earnings and solid order flow; however, we downgrade our rating of Hanjin Heavy I&C (097230 KS/Hold) from Trading Buy to Hold. Three major domestic shipbuildersE cash flow and share performance (Wbn) 10,000 Avg. ash cerebral flow of major shipbuilders (L) Avg.Thus the liberty of everyone is the outcome of solidarity.Three major domestic shipbuildersE order trend and forecast (Wbn) 70,000 60,000 50,000 40,000 30,000 20,000 10,000 0 01 02 03 04 05 06 07 08 09 10 11 12 plate 13F Shipbuilding Non-shipbuilding Source: Company data, KDB Daewoo Securities Research Figure 3. KOSPI and shipbuilding stock index trend (1/1999=100) 1,000 KOSPI Shipbuilding stoc k index 800 600 400 200 0 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13F 13 14F 14 Source: KDB Daewoo Securities ResearchKDB korean Daewoo Securities Research 2 January 17, 2013 Shipbuilding Three major catalysts in 2013 1. New orders for major Korean shipbuilders to increase sharply In 2013, we expect major Korean shipbuilders will see sharp increases in new orders. Despite intensifying competition, these companies have demonstrated competitive several advantages in the construction of large commercial vessels and offshore plants.

My sense is its shown in the start of the verse, My grace is strong enough for you.In particular, we expect orders for certain high-priced vessels, including FPSO and LNG FPSO, to increase. 2.Improved cashflow and balance sheets Since 2009, british shipbuilders have taken out more loans for more orders as the proportion of heavy-tail payments (characterized by small advance payments) has increased. On a more positive note, however, we expect shipbuilder loans to decrease (thus improving cashflow) as these contracts are paid off toward late 2013.Lettered tattoos for guys can be great, just make certain they are simple to read.Second phase of restructuring to further consolidate industry We anticipate the shipbuilding market will remain weak due to the global economic downturn, logical and the tightening of ship financing. We project the current, still-surviving shipbuilding companies will aggressively seek new orders to strengthen backlogs. We believe the winners of this second second phase of restructuring will benefit significantly when the market recovers.Amid the current drop in vessel construction, the percentage of bulk carriers and tankers (out of total orders) has decreased significantly, while the percentage of megacontainerships and LNG carriers has increased.

Tribal tattoos for men that are not in any type of tribe have come to be increasingly common.Another risk factor is won appreciation, but at current levels, we believe risks are limited, thanks to Korean shipbuildersE technological edge, and dollar denominated payment for raw materials, which accounts for 40% of total raw organic material purchase. KDB Daewoo Securities Research 3 January 17, 2013 Shipbuilding Figure 4. Three major domestic shipbuildersE cash flow logical and share performance (Wbn) 10,000 Avg. cash flow of major shipbuilders (L) Avg.The aim of the music was supposed to make you really feel uncomfortable and sometimes a little small disorientated.7% 8 0 2008 2012 Source: Clarkson, press release, KDB Daewoo Securities Research Figure 6. Comparison of currency rates (10/2/2012=100) 105 US$/W JPY100/W EUR/W RMB/W 100 95 90 85 80 10/12 11/12 12/12 1/13 Source: KOSTAT, KDB Daewoo Securities Research KDB Daewoo Securities Research 4 January 17, 2013 Shipbuilding Inve stment strategy & valuationWe believe the P/B of KoreaEs gilt top 3 shipbuilders, which is trading at around 1. 0x, should rebound to 1. 2x, a level seen historically as the low, thanks to the aforementioned three major catalysts.

old Folks who make the decisions.nd Sembcorp Marine (Singapore companies specialized in offshore plant). In light of the ongoing eurozone crisis and unstable global economy, shipbuilding new shares are expected to trade between a P/B of 1. 0x~1. 3x.Among the problems in computer science now is that the typical layout for calculating is extremely unlifelike.Figure 7. Major shipbuildersE ROE, P/B trends (Market cap, Wtr) 4. 0x (%) 50 3. 0x 40 90 60 2.

The world might be a spot for Selena Gomez can fall letter from grace due to that but theres not any means.New order trends (US$bn) 30 25 20 15 10 5 0 03 04 05 06 07 08 09 10 11 12 HHI SHI HMD Figure 10. Order backlog trends (US$bn) 60 50 40 30 20 10 0 07 08 09 10 11 12 HHI SHI HMD Source: Company Data, KDB Daewoo Securities Research Source: Company Data, KDB Daewoo Securities Research Figure 11. Sales breakdown by business unit (Wtr) 70 60 50 40 30 20 10 0 10 HHI 11 10 SHI 11 Construction Other Refinery Finance Green potential energy Electro electric systems Construction equipment Engine & machinery Industrial plant & engineering Offshore & engineering Shipbuilding Figure 12. Hyundai Heavy IndustriesE P/B upward trend Market cap,Wbn) 42,000 35,000 28,000 21,000 14,000 7,000 0 00 01 02 03 04 05 06 07 08 09 10 11 12 13F 13 3.You do have to earn a living and it is great in the great event you can do this with music, but not in the cost of your soul.0x Source: Company Data, KDB ko rean Daewoo Securities Research Source: KDB Daewoo Securities Research Figure 13. Samsung Heavy IndustriesE P/B trend (Market cap,Wbn) 14,000 12,000 10,000 8,000 1. 0x 6,000 4,000 2,000 0 00 01 02 03 04 05 06 07 08 09 10 11 12 13 13F 2. 0x 6.

Men have another reason behind choosing a mate.5x 6,000 2. 0x 1. 5x 4,000 1. 0x 2,000 0.Such men want the endurance to keep a high degree of combat readiness.0 Figure 18.EPS growth-P/E comparison (P/E, x) 20 Keppel 2. 0 Sembcorp Mitsubishi HHI 1. 0 Guangzhou Sumitomo giant Mitsui (ROE, %) 0.

It will happen once begun.6 Market EPS Growth (13F, %) 19. 1 P/E (13F, x) 8. 5 Market P/E (13F, x) 9. 0 KOSPI 1,977.There is simply no doubt.1 Foreign Ownership (%) 19. 6 Major Shareholder(s) Mong-Jun Jung et al. (21. 31%) Treasury shares (19.

Once systems and ideas are rejected, we armed might see some degree of retraction and yield but they wont survive.7 Relative -0. 9 -12. 6 -27. 1 One step back for twenty two steps forward ? ? ? Targeting orders of US$29.However, we expect the company to record robust orders in 2013, boosted by a pickup in the offshore/onshore plant market. The companyEs earnings how are anticipated to turn around in 2H13, while its cash flow should improve on massive orders and an increase in heavy-tail payments. HHIEs shares how are trading at a 2013F P/E of 8. 5x and a P/B of 1.In 2013, however, the company will be able to achieve its order target of US$29. 7bn in light of new its strong determination to revamp its business structure. 2) The company is anticipated to receive massive offshore/onshore plant orders.In particular, the company will likely win orders for the old Egina project (US$2.

4) Exports of construction equipment and ultra-high voltage transformers should also increase on recoveries in the US and Chinese economies. ) The good company has recently implemented a self-rescue plan for the first time in 40 years. While the number of applications for HHIEs early retirement plan (pushed through at end-2012) missed expectations, the company has subsequently carried out structural reform measures. We expect the companyEs long-term restructuring efforts to positively affect earnings going forward.7 3,782 6. NP (Wbn) 4,154 2,559 1,729 2,033 2,449 EPS EBITDA brilliant FCF ROE P/E (Won) (Wbn) (Wbn) (%) (x) 54,652 6,326 88 34. 5 8. 1 33,671 5,473 -504 16.1 8. 5 32,218 4,768 2,297 12. 2 7. 1 P/B (x) 2.9 EV/EBITDA (x) 6. 5 5. 3 8. 5 6.

8 12/12F 54,741 49,759 4,981 2,496 2,485 2,485 110 233 -240 2,595 766 1,829 0 1,829 1,729 100 1,568 1,458 110 3,469 -2,260 6. 3 4. 5 3. 2 12/13F 58,433 52,473 5,960 2,630 3,331 3,331 -448 248 -200 2,882 749 2,133 0 2,133 2,033 100 1,872 1,762 110 4,320 2,005 7.0 3. 9 Statement of Financial Condition (Summarized) Wbn) Current Assets Cash and Cash Equivalents AR & Other Receivables report Inventories Other Current Assets Non-Current Assets Investments in Associates Property, Plant and Equipment Intangible Assets Total Assets Current total Liabilities AP & Other Payables Short-Term Financial Liabilities Other Current Liabilities Non-Current Liabilities Long-Term Financial Liabilities Other Non-Current Liabilities Total Liabilities Controlling Interests Capital Stock Capital economic Surplus Retained Earnings Non-Controlling Interests Stockholders Equity 12/11 23,076 1,610 9,525 6,478 2,359 25,924 973 15,565 2,324 49,001 25,491 14,339 8,903 2,249 5,334 3,224 1,954 30,824 16,379 380 1,100 15,399 1,797 18,177 12/12F 25,628 1,888 10,237 6,897 2,737 24,553 916 15,706 2,290 50,181 23,183 11,605 9,060 2,518 7,460 5,550 1,755 30,643 17,624 380 1,100 16,894 1,915 19,538 12/13F 28,538 3,517 10,927 7,304 2,922 24,365 716 15,703 2,264 52,903 24,136 12,388 9,060 2,688 7,602 5,550 1,896 31,737 19,141 380 1,100 18,682 2,025 21,166 12/14F 30,153 3,469 11,786 7,878 3,151 24,277 566 15,700 2,240 54,430 24,320 13,361 8,060 2,899 6,901 4,550 2,195 31,221 21,074 380 1,100 20,885 2,135 23,208 Cash Flows (Summarized) Wbn) Cash Flows from Op Activities Net Profit Non-Cash Income and great Expense Depreciation Amortization Others Chg in Working Capital Chg in AR & Other Receivables Chg in Inventories Chg in AP & Other Payables Income Tax Paid Cash Flows from Inv Activities Chg in PP&E Chg in Intangible total Assets Chg in Financial Assets Others Cash Flows from Fin Activities Chg in Financial Liabilities Chg in Equity big Dividends Paid Others Increase (Decrease) in Cash Beginning B alance Ending Balance 12/11 276 2,743 3,078 853 85 -860 -4,072 -178 -1,442 -364 -1,474 -888 -1,583 -67 -34 796 347 1,206 0 -411 -448 -269 1,879 1,610 12/12F -1,972 1,829 1,907 899 85 107 -4,572 -512 -453 -3,197 -1,136 -544 -1,074 -60 406 184 2,806 3,484 0 -245 -444 278 1,610 1,888 12/13F 3,082 2,133 2,187 903 86 50 -489 -691 -407 783 -749 -770 -900 -60 0 190 -683 0 0 -245 -438 1,628 1,888 3,517 12/14F 3,345 2,549 2,220 903 84 50 -528 -859 -574 973 -895 -738 -900 -60 0 222 -2,654 -2,000 0 -245 -409 -48 3,517 3,469 Forecasts/Valuations (Summarized)P/E (x) P/CF (x) P/B (x) EV/EBITDA (x) EPS (W) CFPS (W) BPS (W) DPS (W) Payout ratio (%) Dividend Yield (%) Revenue Growth (%) EBITDA Growth (%) Operating Profit economic Growth (%) EPS Growth (%) Accounts Receivable Turnover (x) Inventory Turnover (x) Accounts Payable Turnover (x) ROA (%) ROE (%) ROIC (%) Liability to Equity high Ratio (%) Current Ratio (%) Net Debt to Equity Ratio (%) Interest Coverage Ratio (x) 12/11 12/12F 12/13F 12/14F 7. 6 10. 6 8.7 5. 0 1. 3 1. 1 1.2 5. 2 33,671 22,750 26,750 32,218 46,009 35,699 39,772 45,203 203,367 220,183 240,492 266,237 4,000 0 4,000 4,000 9. 6 0. 0 12.

8 1. 8 43. 8 1. 9 6.5 10. 4 -18. 0 -45. 2 34.6 20. 4 5. 9 6. 0 6.2 8. 3 4. 1 4. 8 5.

1 4. 8 16. 7 10. 2 11.0 11. 2 169. 6 156. 8 150.2 124. 0 40. 8 45. 3 34.6 9. 2 Source: Company data, KDB Daewoo Securities Research estimates KDB Daewoo Securities further Research 9 January 17, 2013 Shipbuilding Samsung Heavy Industries (010140 KS) Buy (Maintain) Target Price (12M, W) 46,200 Share Price (01/16/13, W) 37,850 Expected Return (%) 22. 1 EPS Growth (13F, %) 0. 6 Market EPS Growth (13F, %) 19.

0 Free Float (%) 69. 5 52-Week Low (W) 31,650 52-Week High (W) 42,350 Beta (12M, Daily Rate of Return) 1. 57 Price Return Volatility (12M Daily, %, SD) 2. 3 Foreign Ownership (%) 32.05%) Price Performance (%) 1M 6M 12M ablative Absolute -2. 7 4. 3 12. 3 Relative -1.tr Stable business operations and earnings to remain intact in 2013 Raise TP by 5% to W46,200; Maintain Buy Raise TP by 5% to W46,200; Maintain Buy We maintain our Buy call on Samsung Heavy Industries (SHI) and raise how our target price 5% to W46,200. In deriving our target price, we applied a 5% premium to the companyEs lowest P/B level since 2005 (1. 3x). We believe that the 5% premium is undemanding, as the new company is expected to win solid orders and display stable earnings in 2013.3x. We think that SHI has strong investment merits in light of its competitive edge, stable earnings, robust growth potential, and cash flow improvement. Investment summary 1) Domestic institutions how are most optimistic on SHI am ong the three largest domestic shipbuilders. SHI has proven its superior competitiveness in the offshore plant business, including FLNG and drillships.

As such, the company will be able to repay its debt and strengthen its financial structure. 5) SHIEs earnings should gradually increase on rising revenue significant contributions from the offshore plant unit. Share price 150 140 130 120 110 100 90 80 1/12 5/12 9/12 1/13 KOSPI Earnings & Valuation Metrics FY 12/10 12/11 12/12F 12/13F 12/14F Revenue (Wbn) 13,146 13,392 14,875 14,980 15,751 OP OP Margin NP (Wbn) (%) (Wbn) 1,433 10. 1,000 1,160 8.7 3,685 1,455 1,556 19. 4 4,021 1,551 282 18. 4 4,044 1,514 931 15. 8 4,396 1,667 978 14.4 8. 6 P/B (x) 2. 1 1. 2 1.4 6. 1 5. 5 4. 5 Notes: All figures are based on consolidated K-IFRS; NP refers to net profit attributable to controlling interests Source: Company data, KDB Daewoo Securities Research estimates Daewoo Securities Research 10 January 17, 2013 Shipbuilding Samsung Heavy Industries (010140 KS/Buy/TP: W46,200) Comprehensive net Income Statement (Summarized) Wbn) Revenues Cost of Sales Gross Profit SG Expenses Operating Profit (A dj) Operating Profit Non-Operating Profit Net Financial Income Net Gain letter from Inv in Associates Pretax Profit Income Tax Profit from Continuing Operations Profit from Discontinued Operations Net Profit less Controlling Interests Non-Controlling Interests Total Comprehensive Profit Controlling Interests Non-Controlling Interests EBITDA FCF (Free Cash Flow) EBITDA Margin (%) Operating net Profit Margin (%) Net Profit Margin (%) 12/11 13,392 11,628 1,763 681 1,083 1,160 -10 -25 -32 1,150 299 851 0 851 851 0 616 616 0 1,455 1,556 10.

2 6. 2 12/13F 14,980 13,017 1,962 764 1,198 1,198 4 -44 0 1,202 268 934 0 934 934 0 925 925 0 1,514 931 10. 1 8. 0 6.6 5. 3 1. 2 5. 4 3,685 5,296 22,582 500 12.0 -14. 9 2. 8 23. 3 3.4 91. 3 25. 8 57. 5 12/12F 9.

0 0. 0 11. 1 6. 6 5.7 5. 8 18. 4 18. 9 182.7. 0 1. 3 5. 5 4,044 5,410 30,381 0 11.2 0. 6 4. 0 27. 1 4.

5 126. 4 -10. 3 69. 5 12/14F 8.0 0. 0 5. 2 10. 1 13.1 6. 4 14. 9 19. 1 121.4 EPS economic Growth (13F, %) 45. 2 Market EPS Growth (13F, %) 19. 1 P/E (13F, x) 13. 1 Market P/E (13F, x) 9.

58 Price Return Volatility (12M Daily, %, SD) 2. 4 Foreign Ownership (%) 18. 1 Major Shareholder(s) Hyundai Samho Heavy Industries et al. (46.We expect HMD to maintain stable rapid growth in orders and earnings, despite the global economic slowdown and eurozone fiscal crisis. Indeed, among small- to mid-sized shipbuilders, HMD is the company most favored by shipowners. Amid an expected further slowdown in the shipbuilding market, the company is anticipated to display distinguished share performance in 2013. Given HMDEs cash holdings of W450bn logical and the value of its stake in Hyundai Heavy Industries (W1.Investment points ) We believe HMD will continue to display outstanding performance among small- to mid-sized Korean british shipbuilders in 2013. Even amid intensifying competition due to limited orders and low ship prices, the company is expected to enjoy stable orders, earnings, and cash flow this year. 2) HMDEs competitiveness comes from its productivity, financing capa bility, and the quality of its products. It also boasts strong cost competitiveness as the company purchases raw materials at relatively lower prices from the Hyundai top Heavy Industries Group.5 3. 3 6M 6. 4 -2. 4 12M 11.

1 4,624 378 8. 2 200 9,992 441 -633 5. 5 11. 2 4,404 126 2.4 13. 1 4,855 230 4. 235 11,770 293 416 7. 4 10.2 1. 0 13. 8 0. 9 8.2 4. 3 12/12F 4,404 4,002 402 276 126 126 41 -8 -2 167 41 126 0 126 131 -5 -274 -265 -9 192 -563 4. 4 2. 9 3.

0 4. 7 4. 9 Statement of Financial Condition (Summarized) Wbn) Current total Assets Cash and Cash Equivalents AR & Other Receivables Inventories Other Current Assets Non-Current Assets Investments in Associates Property, Plant logical and Equipment Intangible Assets Total Assets Current Liabilities AP & Other Payables Short-Term Financial Liabilities Other Current Liabilities Non-Current Liabilities Long-Term Financial Liabilities Other Non-Current Liabilities grand Total Liabilities Controlling Interests Capital Stock Capital Surplus Retained Earnings Non-Controlling Interests Stockholders Equity 12/11 4,134 564 975 283 427 3,691 34 889 340 7,825 3,914 1,774 1,779 361 502 56 420 4,416 3,217 100 91 2,081 191 3,409 12/12F 4,994 418 1,814 231 352 3,632 35 928 341 8,626 4,499 1,850 2,253 396 999 191 781 5,498 2,912 100 90 2,172 215 3,127 12/13F 4,919 468 1,568 243 462 3,675 33 964 344 8,593 4,274 1,905 1,953 416 1,046 141 878 5,320 3,067 100 90 2,323 206 3,273 12/14F 4,878 532 1,4 27 255 486 3,650 31 933 347 8,527 4,071 1,991 1,643 437 993 101 865 5,063 3,267 100 90 2,519 197 3,464 Cash Flows (Summarized) Wbn) Cash Flows from Op Activities Net Profit Non-Cash Income and Expense Depreciation year Amortization Others Chg in Working Capital Chg in AR & Other Receivables Chg in Inventories Chg in AP & Other current Payables Income Tax Paid Cash Flows from Inv Activities Chg in PP&E Chg in Intangible Assets Chg in Financial Assets Others Cash Flows from Fin Activities Chg in Financial Liabilities Chg in Equity Dividends Paid Others significant Increase (Decrease) in Cash Beginning Balance Ending Balance 12/11 -697 202 311 62 1 -213 -1,075 -190 -54 -593 -135 441 -100 -4 400 145 93 245 0 -93 -59 -168 732 564 12/12F -816 126 78 65 2 -12 -969 -220 52 66 -50 150 -112 -4 79 186 516 601 0 -39 -46 -146 564 418 12/13F 489 185 71 64 1 10 291 247 -12 56 -58 -47 -100 -4 0 57 -392 -350 0 -39 -2 50 418 468 12/14F 432 230 62 62 1 30 212 140 -12 86 -73 23 -30 -4 0 57 -391 -350 0 -39 -2 64 468 532 Forecasts/Valuations (Summarized)P/E (x) P/CF (x) P/B (x) EV/EBITDA (x) EPS (W) CFPS (W) BPS (W) DPS (W) Payout ratio (%) Dividend Yield (%) Revenue Growth (%) negative EBITDA Growth (%) Operating Profit Growth (%) EPS Growth (%) Accounts Receivable Turnover (x) Inventory Turnover (x) Accounts Payable Turnover (x) ROA (%) ROE (%) ROIC (%) strict Liability to Equity Ratio (%) Current Ratio (%) Net Debt to Equity Ratio (%) Interest Coverage Ratio (x) 12/11 12/12F 12/13F 12/14F 11. 2 19.9 9. 8 8. 4 0. 8 1.8 8. 6 6. 0 9,992 6,556 9,518 11,770 13,153 9,869 12,760 14,910 146,152 130,821 138,428 148,290 2,000 2,000 2,000 2,000 19. 6 29.6 1. 6 1. 6 11. 7 -4.

5 33. 4 14. 3 -44. 7 -66.4 45. 2 23. 7 6. 1 4.1 19. 5 19. 5 2. 5 3.5 2. 2 2. 7 5. 5 4.

1 10. 7 15. 6 129. 6 175.0 115. 1 119. 8 -18. 0 -4.6 78. 1 109. 7Source: Company data, KDB Daewoo Securities Research estimates KDB Daewoo Securities Research 13 late January 17, 2013 Shipbuilding Hanjin Heavy I&C (097230 KS) Hold (Downgrade) Target Price (12M, W) Share Price (01/16/13, W) 10,000 Expected Return (%) 0. 0 EPS economic Growth (13F, %) RR Market EPS Growth (13F, %) 19.6 52-Week Low (W) 10,000 52-Week High (W) 23,850 Beta (12M, Daily Rate of Return) 1. 43 Price Return high Volatility (12M Daily, %, SD) 2. 7 Foreign Ownership (%) 9. Major Shareholder(s) Hanjin Heavy I Holdings et al (37.

We believe that the companyEs earnings and ready cash flow will not improve for the time being, given its tepid order performance amid the sluggish commercial vessel market, and the front suspension of its Youngdo shipyard due to a strike.Although the company has recently embarked on the development of an industrial site near the Incheon port, the project is unlikely to boost operating gross profit markedly due to high capital requirements and increased interest expenses. As such, the companyEs shares are unlikely to recover in the near term, in our view Although the companyEs shares are trading at a 2013F P/B of just 0. 4x, we believe that their investment merits are low.2) There is a slow growing possibility that the Subic shipyard will take new orders, as it possesses strong price competitiveness. However, as it is difficult to slender build highend vessels at the Subic shipyard, the companyEs earnings are unlikely to recover in the near future. 3) There are many labor-manag ement social issues yet to be resolved, including one related to employees who are currently on leave due to a lack of work. ) Although HHIC is meeting its short-term capital special needs through real estate disposal, the company will likely find it difficult to sell large-scale real estate assets due to the real personal estate market slump.Proceeds from the companyEs planned rights offering (estimated to at W180bn) should be only equivalent to its annual interest expenses. 6M -26. 7 -35. 5 12M -47.5 -103 2,795 76 2. 7 -10 3,071 83 2. 7 -32 EPS EBITDA FCF ROE (Won) (Wbn) (Wbn) (%) -1,496 312 487 -3. 6 -2,006 200 -224 -5.

0 0. 5 0. 4 0. 4 0.9 18. 0 Notes: All figures are based on consolidated K-IFRS; NP refers to net profit attributable to controlling interests Source: Company data, KDB Daewoo Securities Research estimates Daewoo Securities Research 14 January 17, 2013 Shipbuilding Hanjin Heavy I (097230 KS/Hold) Comprehensive national Income Statement (Summarized) Wbn) Revenues Cost of Sales Gross Profit SG Expenses Operating Profit (Adj) Operating Profit Non-Operating Profit Net Financial Income Net Gain letter from Inv in Associates Pretax Profit Income Tax Profit from Continuing Operations Profit from Discontinued Operations Net Profit more Controlling Interests Non-Controlling Interests Total Comprehensive Profit Controlling Interests Non-Controlling Interests EBITDA FCF (Free Cash Flow) EBITDA Margin (%) Operating net Profit Margin (%) Net Profit Margin (%) 12/11 2,892 2,665 227 140 87 108 -190 171 -2 -82 15 -97 0 -97 -97 0 -90 -90 0 200 -224 6. 9 3. 7 -3.0 2. 7 -0. 4 12/14F 3,071 2,764 30 7 224 83 83 -125 150 0 -42 -9 -33 0 -33 -32 0 -57 -56 0 184 146 6. 0 2.9 -2,006 323 36,806 0 0. 0 0. 0 -8. 7 -35.

2 -1. 3 -5. 1 2. 4 276.3 0. 4 24. 0 -2,123 -111 34,182 0 0. 0 0.3 8. 0 3. 9 -1. 5 -5.5 0. 3 12/13F 5. 9 0. 4 16.

8 20. 1 RR 3. 6 9. 8 4.6 87. 1 152. 8 0. 4 12/14F 10.0 9. 9 -5. 8 9. 9 RR 3.8 2. 4 267. 0 81. 7 157.

As of the publication date, Daewoo Securities Co. , Ltd. has been acting as a financial advisor to Hyundai Mipo Dockyard for its treasury stock trust, and other than this, Daewoo Securities has no other special interests in the companies covered in this report.As of the publication date, Daewoo Securities Co.* The target price was determined by the research political analyst through valuation methods discussed in this report, in part based on the analystEs estimate of future earnings. The achievement of the target price may be impeded by risks related to the subject securities and companies, as well as general market and economic conditions. W) 800,000 600,000 400,000 200,000 0 1/11 7/11 1/12 7/12 1/13 korean Hyundai Heavy Industries (W) 60,000 50,000 40,000 30,000 20,000 10,000 0 1/11 7/11 1/12 7/12 1/13 Samsung Heavy Industries (W) 350,000 300,000 250,000 200,000 150,000 100,000 50,000 0 1/11 7/11 1/12 7/12 1/13 Hyundai Mipo Dockyard (W) 50,000 40,000 30,000 20,000 10,000 0 1 /11 7/11 1/12 7/12 1/13 Hanjin Heavy I&C Analyst such Certification The research analysts who prepared this report (the „Analysts†°) are registered with the Korea Financial Investment Association and are subject to Korean marketable securities regulations. They are neither registered as research analysts in any other jurisdiction nor subject to the laws and regulations thereof.Except as otherwise specified herein, the Analysts have logical not received any compensation or any other benefits from the subject companies in the past 12 months and have not been promised the same in direct connection with this report.No part of the compensation of the Analysts was, is, or will be directly or indirectly related to the specific recommendations or views contained in this report but, like all employees of Daewoo Securities, the Analysts receive compensation that is impacted by overall firm profitability, which includes public revenues from, among other business units, the instituti onal equities, investment banking, proprietary trading and private client division. At the time of publication of try this report, the Analysts do not know or have reason to know of any actual, material conflict of interest of the Analyst or korean Daewoo Securities Co. , Ltd.Information and pinions contained herein have been compiled from sources believed to be reliable and in good faith, but such information old has not been independently verified and Daewoo makes no guarantee, representation or warranty, express or implied, as to the fairness, accuracy, greater completeness or correctness of the information and opinions contained herein or of any translation into English from the Korean language. If this report is an English french translation of a report prepared in the Korean language, the original Korean language report may have been made available to investors in advance of this report. Daewoo, its affiliates and their directors, officers, employees and agents do not accept a ny liability for any loss arising letter from the use hereof. This report is for general information purposes only and it is not and should not be construed as an such offer or a solicitation of an offer to effect transactions in any securities or other financial instruments.

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