Responsibility And A Commitment For Diversity - 1032 Words

responsibility and a commitment to diversity (Alsop, 2008) (as cited in Carpenter and de Charon, 2014). For higher education institutions as employers, colleges and universities generally commit to these same values. According Hoenigman Meyer (2016), â€Å"[i]nstitutions of higher education have long been trail blazers in their inclusivity practices. As employers, they frequently go beyond what other institutions offer by educating staff to identify the complexities of institutionalized discrimination and the intricacies of serving diverse populations.† It will be important for hiring managers at colleges and universities to be inclusive of millennial employees by understanding their expectations of a job and career (Clifton, 2016). This change†¦show more content†¦Additionally, according to a 2012 study on The Role of Higher Education in Career Development: Employer Perceptions, â€Å"[t]hirty-one percent of employers indicated that recent graduates are unprepared or very unprepared for their job search† and â€Å"[o]ver half of the employers indicated difficul ty in finding qualified candidates for job openings.† (The Chronicle of Higher Education and American Public Media’s Marketplace, 2012, p. 10). After the 2008 recession, many high-level employees who lost their jobs were forced to apply to the same level positions as recent college graduates. Since hiring based on years of experience is nondiscriminatory, this might block out recent graduates from getting jobs they are qualified for. Figure 2 from the Chronicle of Higher Education and American Public Media’s report (2012), shows that, indeed, almost half of the companies surveyed (47%) have less than 20% of recent graduates working in their companies. Figure 2: â€Å"Percentages of Hires That are Recent Graduates† (The Chronicle of Higher Education and American Public Media’s Marketplace, 2012) Discriminatory Practices Based on Age and Gender In addition to latent discrimination of younger employees in favor of more experienced, older professionals, there are also differences in unemployment rates on recent graduates based on gender and race. Although discrimination based on race, color, sex and national origin is illegal under Title VII (TheShow MoreRelatedService Marketing This life is quite challenging if we look at things from a different perspective1100 Words   |  5 PagesService Marketing This life is quite challenging if we look at things from a different perspective in terms of responsibilities that we have to shoulder at almost all the stages of our lives there are a number of social and personal and private commitments that have to be met quite religiously. Personal commitments are those, which you take on yourself. These are the things that are required to be done to get somewhere in life and to live the life to its purpose and to make things much more meaningfulRead MoreHow It Is Our Cardinal Responsibility And Commitment That We Do Not Destroy What We Can Not Re Create1189 Words   |  5 PagesThis chapter primarily discusses how it is our cardinal responsibility and commitment that we do not destroy what we cannot re-create and do not yet comprehend. The authors discuss on what would destroy society first. Whether it be genetic diversity, nuclear war, the greenhouse effect, or even the breakdown of the ozone layer. Significantly, working on one does not mean losing sight of the others. But instead, we need to make connections between these issues and others. 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They are a life and health insurance company that markets supplemental insurance for individuals. Company insurance policies include cancer insurance, hospital intensive care, home healthcare, accident, and disability insurance. Products are marketed mainlyRead MoreHasbro Case Study - Ethical Behavior1287 Words   |  6 PagesIn the aftermath of Tyco’s executive scandal in the early 2000’s, Ed Breen and Tyco’s newly elected management team were vital elements to the repair of Tyco’s corporate social responsibility and company image. During this time, Tyco International began focusing on the repair of internal weaknesses and devised several initiatives to improve their image and reform their values. During Tyco’s reform period they focused on multiple goals and company-wide achievements. 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Their commitment to respect, dignity, and diversity can be seen through the Starbucks Equal Employment Opportunity Policy and the Starbucks Global Human Rights Standards, which reinforces their commitment to a safe environment, â€Å"free of harassment, bullying and discrimination†. Additionally, they have an entire page on their website dedicated to inclusion at Starbucks. For Starbucks, diversity includes race, religionRead MoreManagement Analyst720 Words   |  3 Pages1. According to the systematic approach to managing diversity, recruitment and retention are a critical component of diversity management. Summarize the issues involved in recruiting and retaining a culturally diverse workforce. Regarding diverse employees and diverse employees and diverse markets, Canas and Sondak argue that better-performing companies may simply attract the best talent among all groups of workers. Explain the mean ing, and discuss whether you agree disagree. 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Renewable Energy Wind Power Essay - 791 Words

Wind Power is the use of our natural wind that converts it into mechanical energy which eventually becomes electricity. You may not realize this, but we used wind power that dated centuries ago. It pumped water, ground grain, and plenty of other things. (Resources, awea.org) Ever since recorded history, people had the ability to use wind as a source of energy. Wind power was been used to propel boats along rivers as early as 5000 B.C. At 200 B.C., China used windmills to pump water, while in Persia and the Middle East used vertical-axis windmills with woven reed sails were grinding grain. (history-wind-energy, energy.gov) Eventually, discoveries for wind energy became vast. Plethora of ideas developed. During the 11th century, the Middle†¦show more content†¦The wind power at 30 mph would equal: P=1/2(1.5) (1.5) (13.4)  ³ = 2,707 Watts. The power increased by 8 times. Exemplary I must say. However, there are factors played in the part of having a wind energy turbine in any area. The majors’ ones are as followed: †¢ Wind Speed †¢ Proximity to airport †¢ Proximity to residences †¢ Transportation access †¢ Distance to transmission lines †¢ Environmental issues such as endangered species or wetlands As long as you don’t have much problems with the factors shown above, you can build yourself a wind turbine. To construct these things, the wind turbine consists of three basic parts: the tower, the nacelle, and the rotor blades. The tower itself is either a steel lattice tower almost the same as an electrical tower, or a steel tubular tower with an inside ladder to the nacelle. The first step in constructing the wind turbine, is to have a tower. The steel parts are usually made off site in a factory, however, they are usually built on site. The parts are bolted together, and as usual, keeping the tower horizontal until placement. Next is the fiberglass nacelle is installed. It’s stuff inside such as the main drive shaft, gearbox and blade pitch and yaw controls are created and mounted onto a base frame at a factory. The nacelle is a strong, hollow shell that has the inner workings of the wind turbine. Towers do not have â€Å"guys,† which are cables used for sup port. They are mostly made out of steel that has been coated with zinc alloy forShow MoreRelatedRenewable Energy: Wind Power Essay582 Words   |  3 PagesWIND POWER Wind is one type of renewable energy that can be developed to generate free and clean energy replacing the one that be renewed and cause the pollution such as fossil fuel. Wind energy can be extracted by using the suitable wind turbine that is suitable with the current wind speed at observe location which is eastern coast of peninsula Malaysia. Generally, Malaysia has a potential to use the wind as alternative energy because of the wind speed in Malaysia can reached until 12 m/s andRead MoreEssay on Wind power and future of renewable energy1392 Words   |  6 PagesWind power and future of renewable energy Abstract: Due to the development of technology around the world, the need of energy is increasing every year. But, what would be the best way to produce energy without polluting the air, or depleting fossil fuels? Renewable energy would also be the best solution for this problem. Of the available sources of renewable energy, wind power shows much promise. Wind turbines have been used through many generations, and the technology continues to develop. WindRead MoreWind Power Generation : Renewable Energy Source1443 Words   |  6 PagesWind Power Generation In the 21st Century, fossil fuels are becoming increasingly important, with the demand for these resources increasing, despite the knowledge that they are finite. Globally, the annual consumption of fossil fuels is eleven billion tonnes, with crude oil reserves waning at a rate of four billion tonnes per year. If these figures experience little change in coming years, oil reserves are estimated to completely deplete by 2052 (Ecotricity.co.uk, 2014). Other options are availableRead MoreRenewable Sources of Energy: Wind Power Technology2214 Words   |  9 PagesIntroduction Wind power technology has played a significant role in power production during the last decade. It is currently booming and it has become one of the fastest growing markets in the world today. Wind power provides clean and cheap opportunities for future power generation and many countries around the world have fostered ambitious goals for wind power development. Wind power technology has become mature, and can now be considered as a valuable supplement to conventional energy sources. TheRead MoreRenewable Resources Wind Energy Is An Important Factor For The New Era Of Power Quality1568 Words   |  7 Pagesenvironmental issues is attaining importance, generation of power using renewable energy resources is rapidly increasing. Among renewable resources wind energy plays a prominent role. Presently wind energy is receiving a special attention of scholars as it is being non-effecting energy and clear green energy. Power generation using wind energy is increasing promptly. Proper arrest ing of the wind energy can absolutely aid to meet the energy needs. Read MoreRenewable Electricity : Generating Electricity, Heating And Making The Food That We Eat1300 Words   |  6 Pagesfood that we eat. Renewable and non renewable are the two types of energy resources available to us. The standard method of creating electricity has been by burning coal, releasing carbon dioxide into the air. It was perviously thought carbon dioxide created warming however this is strongly disputed now as the correlation between carbon dioxide in the atmosphere and global temperature is now disputed. There are alternative methods we can use to create electricity such as solar and wind as well as manyRead MoreRenewebal Energy: Wind power Essay774 Words   |  4 Pagesusing the wind power as our energy. Wind power is electricity that is powered by the windmill, this power is renewable, and sustainable, which means that it would be always able to get electricity from it unless there aren’t any wind. The wind power worked mainly by the wind . First, the wind spin the blade, and the blades turn a turbines and this generates electricity, then the cable runs down inside the tower. At last, the cable carried the electricity where every it was needed. Wind power bringsRead MoreFossil Fuels And Alternative Energy Sources1682 Words   |  7 Pagesalternative energy sources (Investopedia). 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When nonrenewable resources have been used, they cannot restock themselves or ever be used again. Renewable energy is a supplyRead MoreThe Wind Turbines Are A Dominant Method Of Harnessing Wind Power891 Words   |  4 Pageshelp bring wind power into urban areas with limited space such as London, and make wind energy a sustainable energy resource. Three-blade wind turbines are a dominant method of harnessing wind power, but this technology has drawbacks which make it unsuitable for placement in London. Small Wind Turbines, owned by individuals and/or communities have attempted to fill the gap, but are only capable of supplying lower levels of power than a city demands. This paper assumes that wind power will continue

Describing Gearing and Its Importance in Capital Structure of a Company Free Essays

A company with low gearing is one that is mainly being funded or financed by share capital (equity) and reserves, whilst the one with a high gearing is mainly funded by loan capital. Now the question to address is which of the two (equity and debt) is cheaper to the company? The answer is that cost of debt is cheaper than cost of equity. This is because debt is less risky than equity and the tax advantage of debt over equity as discussed below: Risk: debt is less risky than equity because: the required return needed to compensate the debt investors is less than the required return needed to compensate the equity investors; †¢the payment of interest is often a fixed amount and compulsory in nature and it is paid in priority to the payment of dividends; †¢in the event of a liquidation, debt holders would receive their capital repayment before shareholders as they are higher in the creditor hierarchy (the order in which creditors get repaid), as shareholders are paid out last. We will write a custom essay sample on Describing Gearing and Its Importance in Capital Structure of a Company or any similar topic only for you Order Now Corporate tax advantage: in the income statement, interest (on debt) is subtracted before the tax is calculated; thus, companies get tax relief on interest. However, dividends (on equity) are subtracted after the tax is calculated; therefore, companies do not get any tax relief on dividends. From the above discussion, we can observe that debt is cheaper than equity when financing a company. However, there are implications of pursing high gearing rather than low gearing. Watzon and Head (2007) described the following as implications of high gearing: Increased volatility of equity returns: the higher a company’s level of gearing, the more sensitive its profitability and earnings are to changes in interest rates. The company’s profit and distributable earnings will be at risk from increases in the interest rate. This risk will be borne by shareholders as the company may have to reduce dividend payments in order to meet its interest payment as they fall due. This kind of risk is referred to as financial risk. The more debt the company has in its capital structure, the higher will be its financial risk. Increased possibility of bankruptcy: at very high levels of gearing, shareholders will start to face bankruptcy risk. This is defined as the risk of a company failing to meet its interest payments commitment and hence putting the company into liquidation. This is because interest payment may become unsustainable if profits decrease or interest payments on variable rate debt increase. Reduced credibility on the stock exchange: at a very high level of gearing, investors will be reluctant to buy the company’s shares or to offer further debt. The encouragement of short-termist behaviour: in order to prevent bankruptcy, managers may focus on the short-term need to meet interest payment rather than long term objective of wealth maximisation. Effects of capital gearing upon WACC, company value and shareholder wealth The capital structure of a company refers to the mixture of equity and debt finance used by the company to finance its assets. Some companies could be all-equity-financed and have no debt at all, whilst others could have low levels of equity and high levels of debt. The decision on what mixture of equity and debt capital to have is called the financing decision. The financing decision has a direct effect on the weighted average cost of capital (WACC). The weighted-average cost of capital (WACC) represents the overall cost of capital for a company, incorporating the costs of equity, debt and preference share capital, weighted according to the proportion of each source of finance within the business (Cornelius, 2002). The weightings are in proportion to the market values of equity and debt; therefore, as the proportions of equity and debt vary so will the WACC. Therefore the first major point to understand is that, as a company changes its capital structure (i. . varies the mixture of equity and debt finance), it will automatically result in a change in its WACC. It is important to note that the financing decision (i. e. altering the capital structure) affects the overall objective of maximizing shareholder wealth. This is based on the ground that wealth is the present value of future cash flows discounted at the investor’s required return. The market value of a company is equal to the present value of its future cash flows d iscounted by its WACC. It is fundamental to note that the lower the WACC, the higher the market value of the company, and vice versa. Therefore, a change in the capital structure to lower the WACC can then increase the market value of the company and thus increase shareholder wealth. As a result, the search for optimal capital structure becomes the search for the lowest WACC, because when the WACC is minimized, the value of the company and shareholder wealth is maximized. Hence, it is the responsibility of finance managers to find the optimal capital structure that will result in the lowest WACC. How to cite Describing Gearing and Its Importance in Capital Structure of a Company, Papers

Modernism Essay example Example For Students

Modernism Essay example Modernism is defined in Merriam-Websters Dictionary as a self-conscious break with the past and a search for new forms of expression. While this explanation does relate what modernism means, the intricacies of the term go much deeper. Modernism began around 1890 and waned around 1922. Virginia Wolf once wrote, In or about December, 1910, human character changed. (Hurt and Wilkie 1443). D.H. Lawrence wrote a similar statement about 1915: It was 1915 the old world ended. (Hurt and Wilkie 1444). The importance of the exact dates of the Modernist period are not so relevant as the fact that new ideas were implemented in the era. Ideas that had never before been approached in the world of literature suddenly began emerging in the works of many great authors. Two of the pioneer Modernist writers were Joseph Conrad and T.S. Eliot. The tendencies to question the incontestable beliefs embedded in all thinking and to focus on the inner self dominated. Old viewpoints were tossed aside to make wa y for the discovery of modern mans personal spirituality. Two works that are considered important forbears in the Modern period are T.S. Eliots The Wasteland and Joseph Conrads Heart of Darkness. One attribute of Modernist writing is Experimentation. This called for using new techniques and disregarding the old. Previous writing was often even considered stereotyped and inadequate (Holcombe and Torres). Modern writers thrived on originality and honesty to themselves and their tenets. They wrote of things that had never been advanced before and their subjects were far from those of the past eras. It could be observed that the Modernist writing completely contradicted its predecessors. The past was rejected with vigor and Experimentation played a key role in the new Modernist way of writing. The Modernist writers did not try to censure what they felt was the truth. Stepping outside of the box, they wrote what they perceived in their own minds to be reality. The readers in turn were given a new form of literature that was not written on the basis of beliefs that earlier had seemed indisputable. Not only were old belief systems disregarded, they were openly opposed. Even more sur prising, the new thoughts were acceptable, and in turn provided an alternative route for thinking that had not formerly been considered. Anti-Realism is another feature of Modernism. This element included the use of myth and allusion in writing. Description was a prominent feature in literature before the Modernist period; writers had set the scene using an exactness that left little room for a readers imagination. With Modernism emerged the allusion, which meant that only certain aspects of the setting or scene were revealed. This provided freedom for the reader to think about what the author was presenting through the text. The work was created through the inner feelings and workings of the characters and the symbols hidden in the plot and setting. The way themes and points of view were selected went against the earlier convention also. Sigmund Freuds Interpretation of Dreams in 1899 opened the door to previously undiscovered value in the human unconscious. This led to a whole new emphasis of individualism in both the writer and the reader, who were given free reign to explore not only who a character was but also w hy characters operated as they did. Through the workings of the characters unconscious dimensions began to surface and the entire direction of stories changed. Modernism was also concerned with Individualism. In this regard a stream of unconsciousness writing evolved, the use of the irrational logic of dreams and fantasies (Hurt and Wilkie 1447). In Strindbergs preface to A Dream Play he described stream of unconsciousness by saying, The author has sought to reproduce the disconnected, yet apparently logical, form of the dream. Anything is possible and plausible. Time and space do not exist; the imagination, grounding itself only slightly in reality, spins and weaves new patterns, mixing memory, experience, free invention, absurdity, and improvisation. Characters divide, double, redouble, evaporate, condense, float out of each other, converge. But there is consciousness transcending all-the consciousness of the dreamer (Hurt and Wilkie 1447). Questions posed within the work became hypothetical. It was the Modern authors purpose to evoke thinking in not only themselves, but in society. Due to the theoretical questions posed in the works of the Modern period, a sense of open-endedness was often left at the conclusion of a piece of writing. The use of fragmentation became customary in the Modern novel. The Modern writer presented the reader with fragments; the plot was often broken into portions that had to be pieced together in the mind of the reader. This went against the normal pattern of placing things side- by- side in logical order, or in normal juxtaposition. In Hurt and Wilkies Literature of the Western World, evidence of fragmentation is shown through several examples of the style in a few different Modern works. For example, The Wasteland begins to resemble a series of sonnets for a short period, but turning away from its model in blank verse, and Heart of Darkness steps away from its earnest journey into the mind and reminds us for a moment of a boys adventure story (Hurt and Wilkie 1447). In Heart of Darkness, Joseph Conrad presented the reader with an exploration of the human mind and modern society as well as with a search for the truth. Conrad was a pioneer of many Modernist methods. He used fragmentation through his narration-within-narration technique in The Heart of Darkness. The novella opens with an unknown narrator who introduces the main storyteller, Marlow. The narrative managed successfully to display the characteristics of the modern world in London while at the same time illustrating the precise contrary to that civilization in the dated Congo. This combination of factors helped to fashion the theme of The Heart of Darkness, as well as construct Kurtzs complex character. C.B. Cox tried to clarify his thoughts on what the title of Conrads Heart of Darkness signified in the book Joseph Conrad: The Modern Imagination. He hypothesized by stating, Heart of Darkness may suggest that the wilderness has a heart, which the reader, guided by Marlow, may discover. At the center of existence we may find the secret meaning of the pilgrimage. But Heart of Darkness may also imply the real darkness is in the heart, and that we journey from the known to the unknown. We are led towards the ultimate darkness, a condition of meaninglessness which negates all civilized values (Cox 48). Preludes and Modernism EssayMythological references are also abundant in the poem. One of the obvious examples is the myth of the Fisher King and his sickness and the infertility of his lands.The myth states the curse can only be lifted when the destined Deliverer asks the magic question or performs the magic act (Brooks 63). The Fisher King is used as one of the many symbols of sexuality in the poem. Another example is Eliots protagonist, Tiresias. Tiresias is a figure from classic mythology who possesses the physical parts of both man and woman. He was the blind prophet in Oedipus Rex, and was believed to have journeyed to Hades and walked among the dead, a feat that meant he had experienced the worst of life and humanity. In The Waste Land both of his prior roles remain with him, he is blind and is the possessor of the knowledge of all horror. Eliot portrays him as the character that does not denounce the actions of society, but can see all facileness and emptiness of humanity. Although he can distinguish what is truly taking place, he like all Eliots other characters, is unable to discern the ability he possesses. These two works of literature though very different in context, share many similarities because of there strong Modernistic qualities. In fact T.S. Eliot considered using part of Conrads Heart of Darkness in The Waste Land. In T.S. Eliots Poetry and Plays, the author, Grover Smith, tells us how Eliot was going to use Kurtz dying words, The original epigraph for The Waste Land was the climatic outcry of Kurtz in Conrads Heart of Darkness: `The horror! `The horror!' (Smith 68). Both works contain many of the same symbols in their imagery and allusions. For example, each story contains a reference to Buddah. Eliot uses Buddah to join with St. Augustine and complete his union of the chief types of Eastern and Western simplicity. He also uses Buddah in Part III, The Fire Sermon; in which Buddah preaches a sermon evoking his people to give up their earthly possessions. Joseph Conrad used Buddah in the unknown narrators description of Marlow prior to Marlows tale and when following his tale . Another significant sign mentioned in both Modernist works is the Thames River. In Heart of Darkness, the story opens with the shipmates waiting for the tide to turn, they are overlooking the Thames River as they begin listening to Marlow tell his story. When Marlow completes his narrative the unnamed narrator takes back over and says, The offing was barred by a black bank of clouds, and the tranquil waterway leading to the uttermost ends of the Earth flowed somber under an overcast sky-seemed to lead into the heart of an immense darkness (Conrad 72). Therefore offering an insight to belief that the waterway led to the evil, providing foreshadowing of what was to come. The river is also described in The Waste Land; it is one of the few things that Eliot was tranquil in his description of. The presence of allusions to Dante and The Inferno in Heart of Darkness can be paralleled to the more obvious stated references to Dante in the poem. Mentions of Dantes Inferno are abundant in Th e Waste Land where they are not specifically mentioned in The Heart of Darkness. Symbolically Marlow is comparable to Dante and his journey through Hell. Marlow can easily become the Dante-figure and his hell the dark Congo. He, like Dante, was forced to live through the journey, and therefore to live with the memories and horrors of it. Through close examination of Joseph Conrads Heart of Darkness and T.S. Eliots The Waste Land Modernism can be identified through its features. These two pieces of literature embody the Modernist period, as do their creators. Conrad and Eliot showed that to understand Modernism one must understand that it is entangled with the reality of isolation and extreme disorder. Marlow, through avoiding the extremes of Kurtz and the unenlightened society is isolated from everyone because of his understanding and knowledge of the truth and his ability to live with the knowledge. Eliot delves into a world of disorder in The Waste Land by displaying characters that couldnt see what they embodied, referring to works of literature and twisting them to develop his purpose, and his use of fragmentation. Allusion is encrusted into both works exemplifying the idea of thinking for oneself and personal interpretation of the Modernist period. Works Cited Aiken, Conrad. An Anatomy of Melancholy. The New Republic XXXIII (1923): 294-295. Rpt. in Studies in A Waste Land. Ed. Matthew Bruccoli and Joseph Katz. Columbus: Merrill Publishing, 1971. 13-18. Brooks, Cleanth. The Waste Land: Critique of the Myth. Modern Poetry And The Tradition (1939): 136-72. Rpt. in Studies in A Waste Land. Ed. Matthew Bruccoli and Joseph Katz. Columbus: Merrill Publishing, 1971. 37-66. Conrad, Joseph. Heart of Darkness. New York: Dover Publications, 1990. Cox, C.B. Joseph Conrad: The Modern Imagination. Totowa, NJ: Rowman and Littlefield, 1974. Eliot, T.S. Collected Poems. New York: Harcourt Brace, 1936. Holcomb, John, and Patricia Torres. Modernism in Literature. 2002. LitLangs. 6 September 2003 . Hurt, James, and Brian Wilkie. Literature of the Western World Volume II Neoclassicism Through the Modern Period. Upper Saddle River, NJ: Prentice Hall, 2001. Monroe, Harriet. A Contrast. Poetry A Magazine of Verse XXI (1923): 325-330. Rpt. in Studies in A Waste Land. Ed. Matthew Bruccoli and Joseph Katz. Columbus: Merrill Publishing, 1971. 19-22. Smith, Grover JR. T.S. Eliots Poetry and Plays. Chicago: University of Chicago Press,1956.