Romeo And Juliet By William Shakespeare Essays -

Romeo and Juliet by William Shakespeare Time and Fate in Romeo and Juliet Romeo and Juliet, said to be one of the most famous love stories of all times, is a play anchored on time and fate. Some actions are believed to occur by chance or by destiny. The timing of each action influences the outcome of the play. While some events are of less significance, some are crucial to the development of this tragedy. The substantial events that inspire the conclusion of Romeo and Juliet are; the Capulet ball, the quarrel experienced by Tybalt and Romeo, and Friar John's plague. A servant to Capulet, who is incapable of reading the list of guests, asks for Romeo's assistance. Romeo notices that Rosaline, his lover, is among these names. Benvolio challenges Romeo to compare her with other "beauties." Benvolio predicts, "Compare her face with some that I shall show,/ And I will make thee think thy swan a crow." (I, ii, l 86-87) To show his appreciation, the servant asks for Romeo's presence at the ball. Romeo should have considered the servant's warning; if Romeo occupies the name of Montague, he shall not be permitted. Once at the ball, Romeo is searching for a maiden to substitute the unrequited love of Rosaline. Romeo happens to gaze upon Juliet, who charms Romeo. Romeo proclaims, " Did my heart love till now? Forswear it, sight!/ For ne'er saw true beauty till this night." (I, v, l 52-53) Since Romeo declares his love for Juliet, she feels the attraction also. They believe that they are in love and must marry. However, it is a genuine coincidence that Romeo and Juliet were at the same place, at the same time. Some days after the ball, Benvolio and Mercutio are conversing, in regard to the quarrelsome weather. Benvolio declares, "The day is hot, the Capulets abroad,/ And if we meet we shall not ?scape a brawl,/ For now these got days is the mad blood stirring." (III, i, l 2-4) At this point, Tybalt, who has challenged Romeo because of his appearance at the masquerade, enters, seeking Romeo. On Romeo's behalf, Mercutio struggles with Tybalt, while Romeo, who is filled with love for his new cousin, tries to end their boldness. Before escaping, Tybalt plunges his sword into Mercutio, causing death to fall upon him. Mercutio blames Romeo and the feud for his fate. Romeo kills Tybalt, who taunts Romeo, upon his return. Romeo fears he will be condemned to death if he does not flee before the arrival of the Prince. Benvolio recalls the events that have happened, with some embellishment. The Prince declares: And for that offence/ Immediately we do exile him hence./ I hav an in your hate's proceeding,/ My blood for your rude brawls doth lie a-bleeding;/ But I'll amerce you with so strong a fine/ That you shall repent the loss of mine./ I will be deaf to pleading and excuses;/ Nor tears nor prayers shall purchase out abuses;/ Therefore use none. Let Romeo hence in haste,/ Else, when he's found, that hour is his last./ Bear hence this body and attend our will./ Mercy but murders, pardoning those that kill. (III, i, l 185-195) Due to the disturbance of Verona's street and the losses of Tybalt and Mercutio, the Prince must penalize Romeo. However, the Prince agrees that Romeo was acting in self defense. Juliet, who desires not to wed Paris, asks for Friar Laurence's assistance. The day before the wedding, Juliet is to drink the poison, which will make her appear to be dead. In forty two hours she shall awake, with Romeo by her side. Romeo will then bring her to Mantua with him. In the meantime Friar Laurence will convey a message to Romeo in Mantua, telling him the plot. When she gains consciousness, Romeo and Friar Laurence will be there. Friar Laurence says, "Shall Romeo by my letters know our drift,/ And hither shall he come; and he and I/ Will watch thy waking" (IV, i, l 114-116) Following Juliet's intake of the poison, Romeo is anticipating news from Verona. Balthasar, a servant to Romeo, tells Romeo that Juliet has passed on. Romeo, who is told there are no letters from the friar, seeks a way to accomplish his suicide. Meanwhile, Friar Laurence, confronts Friar John, who was to deliver the letter to Romeo. Friar John informs Friar Laurence that he was seeking another Franciscan, who was visiting the sick, to accompany him to Mantua. He says, "Suspecting that we both were in a house/ Where the infectious pestilence did reingn,/ Seal'd up the Romeo And Juliet By William Shakespeare Essays - Romeo And Juliet By William Shakespeare Time and Fate in Romeo and Juliet Romeo and Juliet, said to be one of the most famous love stories of all times, is a play anchored on time and fate. Some actions are believed to occur by chance or by destiny. The timing of each action influences the outcome of the play. While some events are of less significance, some are crucial to the development of this tragedy. The substantial events that inspire the conclusion of Romeo and Juliet are; the Capulet ball, the quarrel experienced by Tybalt and Romeo, and Friar John's plague. A servant to Capulet, who is incapable of reading the list of guests, asks for Romeo's assistance. Romeo notices that Rosaline, his lover, is among these names. Benvolio challenges Romeo to compare her with other beauties. Benvolio predicts, Compare her face with some that I shall show,/ And I will make thee think thy swan a crow. (I, ii, l 86-87) To show his appreciation, the servant asks for Romeo's presence at the ball. Romeo should have considered the servant's warning; if Romeo occupies the name of Montague, he shall not be permitted. Once at the ball, Romeo is searching for a maiden to substitute the unrequited love of Rosaline. Romeo happens to gaze upon Juliet, who charms Romeo. Romeo proclaims, Did my heart love till now? Forswear it, sight!/ For ne'er saw true beauty till this night. (I, v, l 52-53) Since Romeo declares his love for Juliet, she feels the attraction also. They believe that they are in love and must marry. However, it is a genuine coincidence that Romeo and Juliet were at the same place, at the same time. Some days after the ball, Benvolio and Mercutio are conversing, in regard to the quarrelsome weather. Benvolio declares, The day is hot, the Capulets abroad,/ And if we meet we shall not ?scape a brawl,/ For now these got days is the mad blood stirring. (III, i, l 2-4) At this point, Tybalt, who has challenged Romeo because of his appearance at the masquerade, enters, seeking Romeo. On Romeo's behalf, Mercutio struggles with Tybalt, while Romeo, who is filled with love for his new cousin, tries to end their boldness. Before escaping, Tybalt plunges his sword into Mercutio, causing death to fall upon him. Mercutio blames Romeo and the feud for his fate. Romeo kills Tybalt, who taunts Romeo, upon his return. Romeo fears he will be condemned to death if he does not flee before the arrival of the Prince. Benvolio recalls the events that have happened, with some embellishment. The Prince declares: And for that offence/ Immediately we do exile him hence./ I hav an in your hate's proceeding,/ My blood for your rude brawls doth lie a-bleeding;/ But I'll amerce you with so strong a fine/ That you shall repent the loss of mine./ I will be deaf to pleading and excuses;/ Nor tears nor prayers shall purchase out abuses;/ Therefore use none. Let Romeo hence in haste,/ Else, when he's found, that hour is his last./ Bear hence this body and attend our will./ Mercy but murders, pardoning those that kill. (III, i, l 185-195) Due to the disturbance of Verona's street and the losses of Tybalt and Mercutio, the Prince must penalize Romeo. However, the Prince agrees that Romeo was acting in self defense. Juliet, who desires not to wed Paris, asks for Friar Laurence's assistance. The day before the wedding, Juliet is to drink the poison, which will make her appear to be dead. In forty two hours she shall awake, with Romeo by her side. Romeo will then bring her to Mantua with him. In the meantime Friar Laurence will convey a message to Romeo in Mantua, telling him the plot. When she gains consciousness, Romeo and Friar Laurence will be there. Friar Laurence says, Shall Romeo by my letters know our drift,/ And hither shall he come; and he and I/ Will watch thy waking (IV, i, l 114-116) Following Juliet's intake of the poison, Romeo is anticipating news from Verona. Balthasar, a servant to Romeo, tells Romeo that Juliet has passed on. Romeo, who is told there are no

Writing Genres essays

Writing Genres essays Fiction is usually thought of as prose, while poetry is given a separate classification. Essays are a form of prose usually differing from fiction in that the essay is considered a real document and not a tale. The distinction among these three forms is not always that clear, and often the genres are deliberately blurred. For that matter, critics often find elements of one type or writing echoed in another. A writer such as Thomas Wolfe, for instance, is often cited for the poetic nature of his prose. Steinbeck wrote what are called the intercalary chapters in The Grapes of Wrath in the form of essays on topics related to the larger fictional portion of the novel. Some poetry reads more like prose than what is thought of as poetry until the reader analyzes the interior tensions of the words selected and how they fit into the whole. In much modern fiction, the three elements may be used in various ways in the same work in order to achieve some purpose or to illustrate some conc ept more fully. How these three can be fit together can be seen with reference to the poetry of She Tries Her Tongue: Her Silence Softly Breaks by M. Nourbese Philip and the more prose work Written on the Body by Jeanette Winterson. The way the different genres are mixed depends on how they are mixed. Poetry and prose can be differentiated strictly in terms of the way language is used in each, but there are also distinctions to be made in terms of subject matter and the treatment of subject matter. When critics say prose is poetic, they often mean the choice and use of language, but they may also mean the way certain subjects are treated. Similarly, the essay form may be adapted to either poetry or prose when the writer adopts the sort of personal account style that infuses so many essays today, an approach that can make fiction seem more real and that can tie together a book of poems that otherwise might be treated only as individual works. These t...

Top Tips for Acing a Teacher Interview

Top Tips for Acing a Teacher Interview Youve put in the time and have done the work, now you are rewarded with your first teacher interview. In order to make it a successful one, you will need to prepare for it. Heres how to ace your interview, including tips on researching the school district, perfecting your portfolio, answering questions, and interview attire. Researching the School District As soon as you land an interview, your first step should be to research the school district. Go to the district website and gather all of the information that you can. You will need to be prepared if the employer asks you, What do you think of our building-based intervention teams? or What can you tell me about our Dignity of Students Act (DASA)? Each school district has specific programs that they implement in their schools, and its your job to be prepared and learn all about them. If at some point in the interview the prospective employer asks you if you have any questions, this would be a great time to ask a question regarding the districts specific programs (not to mention it will help you make a great impression). Perfecting Your Portfolio Your teaching portfolio is the best tangible evidence of your accomplishments and showcases all of your skills and experience. Every teacher is required to create a portfolio during their college courses. The reason for this is to provide prospective employers with a hands-on collection of your best examples of work. This is a way to introduce yourself beyond a resume, and showcase what youve learned throughout your education and career. For the best way to utilize your portfolio during an interview, use the following tips. How to Best Utilize Your Portfolio in an Interview Familiarize yourself with it. Get to know your portfolio like the back of your hand. If the interviewer asks you a question, you want to be able to turn to a page quickly in order to give them the best tangible evidence for your answer.Dont Overuse it. Use your portfolio sparingly. If the interviewer asks you a question, and you think it will complement your answer, then use it. Try not to pull it out for every question you get asked.Leave it out. Once you use your portfolio and take out artifacts, leave them out. It will be very distracting if you start rummaging through the papers. For additional tips on using your portfolio and to learn about the must-have items to include, read Perfecting Your Portfolio. Interview Questions Answers The main portion of your interview will be answering specific questions about yourself and teaching. Every interviewer is different, and you will never know the exact questions they will be asking you. But, you can prepare by familiarizing yourself with the most commonly asked questions, and practicing how you will respond to them. Example Question About Yourself Question: What is your greatest weakness? (Your best option to answer this question is to turn your weakness into a strength.) Answer: My biggest weakness is that I am detailed orientated. I tend to over plan and get things done ahead of time. Example Question About Teaching Question: What is your teaching philosophy? (Your teaching philosophy is your reflection of your classroom experience, your teaching style, your beliefs about learning.) Answer: My teaching philosophy is every child should have the right to learn and get a quality education. Every child that enters my classroom should feel safe and comfortable. It would be a nurturing and enriching environment. I believe that a teacher should be aware of their students emotional, social, psychological and physical development as well as their cognitive growth. A teacher should view parents and the community as partners in the educational progress. Individualized instruction is an integral strategy to aid children with different preferences. In order to meet all students needs, I will incorporate a variety of approaches, such as the multiple intelligence theory and the use of cooperative learning strategies. I will provide an environment where students will use self-discovery and a hands-on approach to learning. Interview Attire How you dress for an interview is just as important as your credentials, and the answers you give to the questions they ask you. The first impression a potential employer gets of you is an extremely important one. According to the Transportation of Logistics Society, 55 percent of another persons perception of you is based on how you look. Dress for success should be your motto when youre thinking about what you should wear to an interview. Although teachers tend to dress a bit more casually lately, it is essential that you showcase your best look for an interview. Womens Interview Attire Solid color pant or skirt suitProfessional hairManicured nailsConservative shoesSparse makeup Mens Interview Attire Solid color pantsuitConservative tiePlain color dress shirtProfessional shoesProfessional hairstyle

Geology Research paper Example | Topics and Well Written Essays - 1250 words

Geology - Research Paper Example An environmental geologist, to my mind, has an important role to play in keeping the planet Earth clean, green, and safe. I choose this degree for the reason that I love the Mother Earth -- this is the only place I love to live. The environmental geology might be a new science; yet, its key function provides a much brighter world for the future inhabitants of this pale-blue-dot planet. This paper will discuss the brief story, specialized field, responsibilities, and prospects of the profession called environmental geology. Brief Story Erickson remarks that the technical profession called environmental geology is a â€Å"relatively new science† (ix). Perhaps by relative he means the emergence of environmental geology as a separate discipline of geology science in the late 20th century. The rising concern of the Earth’s environmental degradation, depletion, and near destruction significantly occurred since the late-20th-century. As such, people had made important ways to prevent the utter extinction of the green planet and the human race as well. The science of geology, as it has been seen, greatly contributed and continues to contribute to the better understanding of the changing physical world. It has been argued that the Earth’s fundamental changes (e.g., change of land formation and of temperature) were the results of human miscalculated activities. Erickson notes that people are called â€Å"human volcano† for the reason that they have the power to destroy the physical environment in an instant (ix). The human-induced damages, either conscious or not, to the natural world are comparable to the long-time geologic processes (Erickson ix). But like a volcano, humans have the capacity, if there is a will, to recreate, relive, and re-empower the world in which they live. And the environmental geologist plays a vital role in transforming the natural world into something worth residing and living. Specialized Field In the field of geolog y -- as well as other natural sciences -- such area of human knowledge is becoming more specialized in the contemporary epoch. Unlike other geologists, environmental geologists have specific work activities or programs to perform. Camenson provides a list of things to do for the environmental geologists: conduct research, analyze and report, understand the issues involved, among other works (94). Camenson says that an environmental geologist has to conduct research in order to â€Å"identify, reduce, and eliminate sources of pollutants and hazards† (94). What the environmental geologist does, among others, is to study and determine certain causes of a particular environmental phenomenon. Equipped with the knowledge of the Earth, this geologist explores the sources that created a problem to the natural world -- including man’s built environment. Analysis and reportage are other job activities of an environmental geologist. The environmental geologist does the analysis f rom his or her gathered measurements and observations. Moreover, this geologist fully knows and understands the environmental issues in promoting, protecting, and enhancing the environment. Curriculum It is true to say that most geology is environmental geology in reality (Ransom and Wainwright 2), nevertheless, environmental geology as a work profession is much more focused and highly concentrated in contrast to other disciplines of geology (e.g., forensic geology). Probably the variations between the environmental

State mental health care management Term Paper Example | Topics and Well Written Essays - 3000 words

State mental health care management - Term Paper Example However, there are those states that have adopted a public mental healthcare system so that it conforms to their already established common systems. As there is no standardized way of offering public mental healthcare across state lines, many problems arise with the individualized systems. Generally, success for such a system can only be guaranteed by precise planning and the careful use of public resources. The planning process should be inclusive of all stakeholders and other interest groups. Medicaid now caters for over 41 million individuals from low-income backgrounds. Its main aim is to provide funding for mental healthcare and all other healthcare. However, the amount that is used up in the provision of mental healthcare is dwarfed by the amount of other types of healthcare. Managed care of disabilities was expanded by the government to include mental healthcare; a move that has been lauded by some quarters and termed as controversial by others. Decision makers within the stat e have however disputed both divides but instead have cited that cost shifting across the expanded systems will inevitably worsen the current situation. In the same instance, it may reduce costs as ultimately, those that were institutionalized for 24 hours may be held on lesser times and new problems may be unearthed that may be state related and not necessarily representative of the country as a whole. Discussion The management of public mental healthcare has had some positive reports. Among the changes that have been noted is the increased access to a wide array of people, the expansion in the number of services that are provided, the consistency in care and decision making due to centralized care aided by the formulation of specific goals, increased accountability and emphasis on the positive outcomes and decrease in the use of inpatient care which may not be necessitated. Public state officials in local government authorities who are charged with the planning and implementation of appropriate public mental healthcare have encountered a number of problems despite the many gains that they have realized. The public care is too focused on the care of acute cases such that they are thin on resources aimed at rehabilitation and like services that could guarantee the long-term functionality of those people with relatively better mental conditions. The use of Medicaid applies to those people who are contracted under this system and it means that there are many people who are not encompassed in the program. There is also a problem that is associated with billing and receiving payments from people that have been served during the initial set up of the program. Finally, since it is difficult to measure the outcomes of care that has been given, it is very hard to guarantee consistency in a range of regions as the feedback is not forthcoming. In an attempt to change the way that public mental healthcare is offered, practitioners have encountered a limitation in the for m of the organizational structure and the finances availed. The expectations of the public and the common practices in public healthcare also largely shape the eventual outcomes of the programs provided. The focus of decision makers is on how to customize public mental healthcare so that it is outcome oriented and offers the customers high quality care consistently. Just like all other management decisions, there is need for elaborate planning including precise goals and

Government Regulation of Climate Change Essay Example for Free

Government Regulation of Climate Change Essay For all nations, adapting to climate change has become a key issue. Governments are mandated to formulate policies aimed at safe guarding lives and livelihoods for their people and at the same time attain their development goals. As cities continue to grow, more people moving to urban centers, and nations working to become industrialized, climate change is here to stay, all that can be done is formulation of policies that will help reduce and adapt to the change. These regulations should put into consideration sustainability. In its short term policy, the government has formed a wide array of public private partnerships aimed at reducing greenhouse emissions. Focus is put on use of renewable energy, efficient use of energy, methane and other non carbon gases agricultural practices, and projects to achieve reduction in greenhouse gas emission. ( U. S. Climate Policy and Actions) . In its quest to reduce green gas emissions, the government has established a multi agency climate change technology programs to develop and implement the technologies. Climate change being a global challenge, no nation can satisfactorily claim to have fought it within its jurisdiction. It is on this ground that the government has formed international cooperation with other nations in areas of science, mitigation and environmental monitoring. To some extent, large (mostly industrializes nations) green gas emitters are made to compensate the small (developing world) green gas emitters. The government has set threshold for green gas emissions. These defines the acceptable limits of green gas emissions by firms . The regulations here targets large and stationary greenhouse gas emitters. EPA estimates these large emitters to contribute about 70% of green house gases in the country (EPA regulatory initiative, p3). Programs targeting reduced green gas emission and increased fuel economy for cars and trucks used in United States have been established. Under the regulation general suppliers of fossil fuel and industrial green house gases, manufacturers of vehicles and engines and any other green gas emitting facility that emits above 250000metric tonnes of green house gases annually to submit annual reports to the regulation body EPA. These regulations aim at collecting timely information for better planning. Different views have been given on climate change . Arguments that there is no scientific proof showing that increase in global temperature is brought about by heat trapping gases in the atmosphere have been raised. It also has been claimed that despite the claims that these gases are as a result of man’s activities, for instance burning of fossil oil or deforestation, still no scientific proof on this has been given. In his view Brzorad, scientists in addition to doing their work, have other motives, their research are at times biased based on the desired outcome . The bias could be politically motivated, need for firms to make more profit, or personal urge for recognition (p2). In my view, climate change is a reality. As a result of industrialization, increased life expectancy and a generally growing population, human activity is putting pressure on the limited natural resources. These acts of man has led to more green house gases being generated from power plants, automobiles and other firms accumulating in the atmosphere, trapping heat from the sun and increasing global temperatures. Policy makers have several options to choose from as they consider how to reduce green gas emissions. Of the many options, the most practical ones are command and control regulation where regulatory authorities directs on how emission limits will be achieved, and the incentive based regulation where forces of supply and demand are used to change behavior and achieve environmental goals. Command and control regulation are enforced by fines if pollution is above the set limits or threshold. In this system, pollution is monitored and laws enforced. This is done either under a tax regime or a regulatory regime. The system applies uniform emission limits on polluters despite each firm having a different cost on emission reduction. The regime is considered rigid as it also controls the emitter choices on how to reduce emissions. In the incentive based regulation, pollution reduction is achieved through tradable emission limits where and if allowed pollution can be achieved at lower costs. It is a market based approach to pollution reduction achieved by providing economic incentives. In this system, a regulatory body or the government sets a limit on the amount of a pollutant that can be emitted. The limits are sold to firms in forms emission permits. Each firm is required to hold permits equivalent to its emission. Each firm is only entitled to a certain specific number of permits. A firm emits higher levels of pollutant than the maximum allowed permits then the firm buys the extra permits from other firms. In the set up, the buyer pays for extra pollutant while the seller is rewarded for causing less harm to the environment. The approach leaves the burden of reducing emission to the emitter. It offers reduced social cost due to its flexibility. It also creates a single price for emission. If in Federal Congress or administration, I would recommend an incentive based approach for greenhouse gases. These gases have the same effect on the environment regardless of where pollution is occurring and are also perfectly mixing. The approach gives the polluter the freedom to look for most economical ways to reduce emission and continually reduce emissions to be below the set standard to avoid buying more permits or enjoy selling the permits if emission is blow the set standards. For other types of pollutants, including solid waste I would recommend command and control regulation the polluter would be made to pay for the actual damage made to the environment. List of references Brzorad John, (Feb. 9, 2009) opposing views on climate change. Retrieved from http://www2. hickoryrecord. com/content/2009/feb/05/just-science-opposing-views-climate-change/news-opinion National Center for Environmental Economics (May 31, 2010). Retrieved from http://yosemite. epa. gov/ee/epa/eed. nsf/3cdbd09d7c867d9785256c9200548b12/988c90eb8ee77035852574ce000e9724! OpenDocument U. S. Climate Policy and Actions (February 22, 2010). Retrieved from http://www. epa. gov/climatechange/policy/index. html

Physics of Karate Essay -- physics martial arts fighting

The basic ideas behind any style of karate can in general be reduced to the goal of achieving the most effective movements with the least effort. Specifically, with a strike such as a punch, kick, knife-hand or similar, the karateka attempts to move smoothly through the strikes, conserving energy towards the impact point. When thought about in terms of energy, the most common equation is that of rotational kinetic energy, or KE=(1/2)mv^2 + (1/2)Iω^2. Another way to think about a strike is to attempt to focus as much force as possible at the point of impact. In many strikes, this is facilitated by drawing an almost straight line with the striking tool from the original point of rest to the point of impact. This is based on the fact that the fastest path between two points is a direct line, and greater speed leads to corresponding greater force upon impact, as shown by Newton's Second Law, F=ma. This equation also leads to the conclusion that if increased mass is used in the strike, the force upon impact will be greater. Because of the obviousness of this idea, most strikes are thrown through the rotation of the body in some way, instead of simply from the arms or legs. The body has much more mass, and therefore contributes greatly to achieving a strike that is highly forceful, yet doesn't require nearly as much effort as one thrown from the extremeties. Front Stance Equations: W=mg ÃŽ ¤=IÃŽ ± ÃŽ ¤=Fr; friction F=ÃŽ ¼N The most basic part of a succesful technique is a proper stance that is well grounded and solid. This helps in many ways, including providing the initial push behind a technique, grounding the karateka during the moment of impact, and providing a solid base from which to defend against an attacker. ... ...rown into the rotation, the more energy is contained in the leg at this stage in the kick. The next stage of the kick switches to upwards and forward rotation of the knee around the hip joint. This is also connected to the equations v=ωr and KE=(1/2)mv^2 + (1/2)Iω^2, thus KE=(1/2)m(ωr)^2 + (1/2)Iω^2. In a properly executed kick, this transition is completely smooth, and energy is conserved. This leads to the idea that a vital part of a proper, focused front kick is how quickly and smoothly the back leg is pulled forward. The last step in the kick is the upwards rotation of the foot around the knee joint, the kinetic energy of which is found through exactly the same equations. To ensure that the energy is expended on forward impact rather than upwards, during the rotation around the knee, the hip should be extended forward slightly just before impact.

Abraham Lincoln’s Political and Moral Slavery Dilemma Essay

The sixteenth President of the United States of America, the Great Emancipator, Abraham Lincoln casts quite a historical shadow over any other competing figure. Lincoln was brought into the world on February 12th, 1809 to an incredibly modest upbringing in which he would mold himself into a successful lawyer and later a politician. Abraham received little formal education during his childhood, eventually acquainting himself with the law through the apprenticeship system. After rising through the Illinois legislature structure, Lincoln went on to serve in the House of Representatives on behalf of the state of Illinois before gaining widespread recognition from his debates with competing Senate candidate Stephen A. Douglas in 1858. The expansion of slavery into the United States new territories was the hotly contested issue of these debates, Lincoln’s stance would eventually propel him into the national spotlight and later the Presidency. See more: Homeless satire essay Abraham Lincoln’s views on slavery were split between his political obligations and his moral beliefs, his political actions were influenced by his desire to preserve the Union, and his moral stance on the issue largely stemmed from his deep-seeded belief in the power of the Constitution, not the political or social equality of another race. Abraham Lincoln’s view on slavery was segregated in itself, between how he perceived the issue on a political level and as a moral dilemma facing the United States. Without the understanding of Lincoln’s differentiated objections to the institution that created such a split in the American people, it is difficult to fully grasp how and why Lincoln acted as he did throughout his political career. Lincoln’s first documented objection to slavery began in the Illinois State Legislature, in which he and Dan Stone protested a piece of legislation that disapproved of abolitionism and affirmed that the Constitution made slavery â€Å"sacred to the slave-holding states. † The major objection to this resolution was that the spread of slavery was being advocated based upon the opinions of policy makers, nstead of constitutionally. Lincoln’s hard and fast belief in the power of the Constitution would be an overarching theme throughout his career. This protest of an exceedingly popular piece of legislation, recall that only Lincoln and Dan Stone objected in the Legislature, is a significant display of what kind of character Mr. Lincoln possessed. In the face of an overwhelming majority, with literally no opportunity of overturning the decision and risking unpopular opinions, Lincoln was unafraid to express his undying faith in the Constitution. This theme of continual commitment to the Constitution would go even further in 1854 when the Kansas-Nebraska Act was passed. Through Lincoln’s eyes, this Act was a clear violation of the Missouri Compromise of 1830, which in effect prohibited the spread of slavery into any newly acquired American territories. Lincoln, at this time running for the Illinois House of Representatives, especially opposes the Kansas-Nebraska Act because of what it implies about the United States government. This Act allows popular sovereignty to decide the legality of slavery in Kansas, in theory the people of the new territory may decide for themselves on the issue. On principle, one must consider that Lincoln could have not been a larger promoter of the idea of popular sovereignty, due to his strong belief in constitutionality. However, issues arise when the Act that is passed is in clear violation of another. The practical repealing of the Missouri Compromise is a major sticking point in this case. Lincoln views this as the government of the United States essentially saying one thing, and then doing another. The so called indifference towards the spread of slavery is in fact a promotion of the institution. This Act simply promotes the profits of the slavery institution, an act of self-interest that deeply disturbs Lincoln. The slavery issue does impact him on a moral level, because of the injustice upon the individual, but this is not where his greatest objection lies. The tendency towards self-interested legislation instead of deriving power from the Constitution is the largest fear of Lincoln during this era. The entire institution of slavery has manifested this self-interest, Lincoln quarrels much more with the political element of this development rather than the moral. While campaigning for, and serving as the President of the United States, Abraham Lincoln’s view on slavery depended on the most effective way to preserve the Union. When first entering his Presidency, Lincoln in fact did not want to interfere with the institution of slavery as it currently stood. As stated in his letter to George T. M. Davis prior to becoming President, â€Å"Of course the declaration that there is no intention to interfere with slaves or slavery, in the states, with all that is fairly implied in such declaration, is true. † Lincoln viewed himself as not only the leader of the United States, but also as the protector of the Constitution. Due to this view of himself, Lincoln was a promoter of gradual emancipation of slaves as a way to compromise the raging extremes of abolitionists and those of the promotion of slavery. However, the Southern states were not receptive of the notion of gradually allowing this institution to fall away. On September 22, 1862 Lincoln issued the Preliminary Emancipation Proclamation, which claimed, â€Å"all persons held as slaves within any state, or designated part of a state, the people whereof shall then be in rebellion against the United States shall be then, thenceforward, and forever free. † The Proclamation declared that the states that were in fact rebelling against the Union, had one-hundred days to cooperate with the government. The Preliminary Emancipation Proclamation in effect, was Lincoln’s final attempt to end the Civil War in a peaceful manner and preserve the Union. While being a proponent of the gradual emancipation resolution to the slavery issue, Lincoln’s moral stance on the institution largely stemmed from his belief in the power of the Constitution. Lincoln states his response to witnessing slavery in personal letters, â€Å"I confess I hate to see the poor creatures hunted down, and caught, and carried back to their stripes, and unrewarded toils; but I bite my lip and keep quiet. † As well as, â€Å"That sight was a continual torment to me. † Although personally saddened by the harsh realities of slavery, Lincoln’s moral stance was expressed through his plans for colonization of the slaves. The President’s proposal to a group of highly educated black men on August 14th, 1862 included a plan for a coal colony in Central America. Lincoln’s rationale for colonization as he expressed it to his audience that day, â€Å"But even when you cease to be slaves, you are yet far removed from being placed on equality with the white race. You are cut off from many of the advantages which the other race enjoy. The aspiration of men is to enjoy equality with the best when free, but on this broad continent, not a single man of your race is made the equal of a single man of ours. Although he did not explicitly explain to these gentlemen, Lincoln was justifying his plan of colonization through the Constitution. By stating that the black race would not enjoy the same advantageous of the other race, Lincoln is referencing the Bill of Rights and entitlement to the vote. Lincoln’s intentions seem to be well, he would like the slaves to be in a place where they are not persecuted, but his intentions stem from his deep conviction in the power of the Constitution. Abraham Lincoln’s view of slavery was differentiated between his political obligations and the moral element of the institution. While in his Presidency, his political actions were influenced by the desire to preserve the Union. Lincoln’s moral stance toward slavery was largely shaped by his fierce belief in the power and importance of the Constitution. The findings of the analysis seem to suggest that Abraham Lincoln may not be the â€Å"Great Emancipator† as many elementary history curriculums state. Also, that the primary motives behind the Emancipation Proclamation could have been to coerce the rebelling states into cooperating with the Union, instead of freeing those locked into the institution of slavery.

Enforcement of a 4 Day School Day Essay

Have you ever thought of having a 4 day weekday rather than a 5 day weekday, instead of that short 2 day of relaxation you gain another day to rest off that stress filled body to the luxurious sofa sitting at your house? Well some work places incorporated a 4 day weekend instead of the typical 5 day weekend and I feel as if we, the teachers and students, equally deserve a 3 day weekend, but there’s a catch. The regular school day would be increased by 2 hours but we should want to decrease the amount of stress school gives us for these reasons, the lack of sleep kids already have, less cost of the utilities used in school, lessened suicide rate. First of all, an important fact is a teenager of the current generation gets a poor amount of sleep. The national health society states that a teenager should have a total of 9 hours and 20 minutes of sleep to perform at their best in school but in reality a student stacked with AP classes, sport, or a job gets far less than the nation al level. The average amount of sleep a teenager gets is under 5 hours for 25% of college and high school students which correlates with decreased performance that they show at school. Some schools in the U.S. has already tried this and one teacher at Chatnooga High School said,† The kids are more attentive because they realize there is much less time so they come in and do it.† Another great reason why we should have a 4 day weekend is a dramatic decrease in the cost of utility. Schools in Georgia saved an average of $800,000 on utility since there is a less need of transportation going back and forth from academy classes, and to drive students back and forth from school. From the slightest of restrooms being flushed, trim of transportation, and janitorial costs the school would save a dramatic amount of money and find the extra funds they need to fund school sports or school clubs if needed. And last but not least, lessening in suicide rate, the current suicide rate is at a new high in America but would dramatically decrease with a 3 day weekend. Kids would have more time to to hang out with their friends or find other fun thing to do such as an internship or volunteer around at hospitals. Due to the increase in time kids would be able to ration their homework that they were given to a slower rate or finish it all and have more time to hang out with their peers. The stress caused from school would not have a huge toll which was a huge factor in suicide. They would also have more time to talk to other such as friends about their personal problems and their friends in retrospective would have more free time to be able to talk to his/her friend and give him or her a serious answer instead of the teenager regular nod of the head or a shrug. In reality kids would gain a more beneficiary advantage for school from a 4 day school day rather than the current 5 day due to more sleep gained, lowered cost of utility, and lessened suicide rate.

Risk Management in the Health Sector

Risk Management in the Health Sector All organizations aim at making profits in the long run. In this regard, efforts are always directed towards the activities that can not only increase income to the organization, but also activities that reduce expenses. However, in doing this the organization comes across various risks that might be detrimental if they are not properly addressed. It is important to note that health organizations are not special as far as risks are concerned.Advertising We will write a custom research paper sample on Risk Management in the Health Sector specifically for you for only $16.05 $11/page Learn More They are faced with a variety of risks that can negatively impact the organization or its clients. Therefore, health organizations have to choose the risks that they have to take in their endeavors to earn income. More importantly, the organizations need to implement mechanisms that will help in risk avoidance or control. As a result, risk management is an integral part in health care organizations throughout the process of health delivery. Arguably, the change in technology that has led to changes in the way health services are offered has greatly influenced the risks that health organizations face. It is becoming increasingly difficult to predict the costs that organizations will have to incur whenever they are offering health services because of the increasing number of services that are offered as well as the number of people covered. On the same note, there has been increase in health care service providers in recent times. This increase in competition within the health care sector has also increased the effects of risks while reducing income margins (Dyro, 2004). Health organizations have to make the decision of either avoiding risks which means reducing their profit margins or taking some risks and increase their chances of making high profits. The emergence of electronic medical and health records also poses a new challenge to health organ izations. Health organizations have to find a way of securing confidentiality of their patient’s health information while at the same time making it available to other authorized parties. It is important to note that electronic health records are susceptible to cyber criminals. Furthermore, it is important to ensure that patients and employees are safe throughout that process of health services delivery. Unfortunately, health mistakes occur more so due to the improved technology that is currently used in health delivery. Challenges are being witnessed in the efforts of health organization to reduce medical mistakes. Notably, the health sector is becoming even more fragmented as time goes by. This is in itself a problem because getting other services or information from other professionals is a challenge. Nonetheless, sharing of information is vital in enhancing health care quality. On the same note, policies have been implemented which define certain offences of health care o rganizations and define the civil and criminal penalties of each activity (Kavaler, 2012).Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More However, not all organizational employees know which activities can be classified as civil or criminal offences. Similarly, health professionals are very scarce and shortage of staff is the order of the day for health organizations yet they are expected to provide services according to the health reforms. Moreover, operational efficiency has to be ensured yet the organizations are increasing in size. The increasing threats of terrorism as well as the probability of medical malpractice have to be taken into consideration. In a nut shell, the high rate risk dynamism is a risk in itself. Some people will ask why risk management is such an important issue in health organizations. To begin with, technology has advanced and many people are b ecoming technologically advanced (Youngberg, 2010). As a result, patient information especially the ones stored electronically can easily find their way to unauthorized hands if care is not taken. Cyber criminals are increasing their activities of hacking into various organizational systems and disrupting important functioning of these organizations. It is therefore crucial to have information systems security upgraded to avert any such attempt. On the same note, financial crisis has hit various health organizations in recent times. While the health care industry was assumed to be shielded from financial crises by the nature of its formation, increase in the health care cover has opened it to any kind of economic downturns. As a result, it has become important to have financial risks also included in the risk management process (Kavaler Spiegel, 2003). Moreover, increase in legal regulations in the health care sector is an issue of concern. Higher cooperate and ethical standards ar e the basis of evaluation not only for the government but also for the public. This restricts the operations of the health organizations and demands increased dexterity in operations. Similarly, people are becoming aware of the charges of each service and will like to receive services worthy their money. On the other hand, with the increase in number of health care organizations, people have expanded choices. This means that no organization can afford the laxity of billing without necessarily delivering equivalent services. Additionally, any mistake made can lead to legal actions or loss of clients. More importantly, the aim of risk management in health care organizations is to avoid loss of patients while receiving treatment (Hancock, 2008). Besides the legal actions that may result from this eventuality, loss of patients may lead to negative publicity. It should be noted that negative publicity can lead to high rate of patient exit thus financially crippling the organization. Safe ty of patients should be the main aim of any health organization.Advertising We will write a custom research paper sample on Risk Management in the Health Sector specifically for you for only $16.05 $11/page Learn More In management of risks, various health organizations utilize different approaches. Nevertheless, all this approaches are designed to cover the whole process of health care delivery. To begin with, adherence to the professional principles and code of ethics is crucial in any business enterprise. However, the same does not come easy. Consequently, policies should be implemented to regulate and define what is expected of everybody at any given point in time (Kavaler, 2012). Instituting a culture of good conduct within the framework f organization culture will highly improve the services offered as well as the care accorded to each activity. This will in the end reduce various risks that would have occurred. On the same note, easy of communicatio n within an organization is vital in ensuring easy flow of information and rapid actions. In this regard, instead of having all the risk management duties handled by only the risk management department, it would be beneficial to have various departments handle certain risks management procedures. This will ensure involvement of the whole organization in risk management procedures increase reporting of any complicated case for timely action. Financial risks are likely to heavily harm any organization if not adequately addressed. It is important to note that even the management of risks itself can amount to a financial risk if not properly planned and budgeted for (Hancock, 2008). Having several risk management strategies within an organization is very important in ensuring that risks are as minimal as possible. However, with many strategies the chances of duplicating roles is very high thus bringing about unnecessary expenses. Therefore, it is advisable that to use only those strateg ies that do not have overlapping objectives in order to reduce spending. On the same note, it is important to note that there are no risks within a health organization that are only important to a specific unit. Each and every risk has the ability of causing harm to the whole organization. Consequently, the whole organization should be involved in the process of risk management. In this regard, a centralized department of risk management is crucial in ensuring that cooperation in risk management policies. It should be noted that inclusion of the employees whenever decision regarding risk management are made will highly encourage them to reduce or prevent any risk to the organization (Kavaler Spiegel, 2003). Automated reporting system is also instituted in some organizations to ensure that reporting of incidents as well as notification sending is done on time.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More As a result, problem solving is enhanced while at the same time transparency and responsibility are upheld. It is important to note that imposing risk management procedures on staff will elicit objection and thus lead to ineffectiveness of the policies. It is worth noting that the traditional way of risk management where organizations aimed at addressing issues whey they occurred instead of endeavoring to control them is retrogressive. It is needless to take actions when the harm has already been done. Therefore, the method of categorizing risks of different departments differently is outdated. Consequently, health organizations need to look at the risks from an enterprise point of view. Enterprise risk management approaches all risk from a single point of views and comes up with strategies to approach them. To improve inclusivity in the process of risk management, staff should be well informed on the risks that face the organization as a whole both internal and external and their d uty in managing them. On the same note, members of staff should be educated to understand the environment in which the organization operates so that they can be aware of the severity of the risks involved. This will ensure that implementation of risk management policies is easier because every employee will be willing to adhere to the regulations (Hancock, 2008). The interrelationship between risks and organizations objectives should be made as clear as possible. Similarly, highly risk events should be highlighted and every employee made aware of them. This will increase awareness among members of staff on how the risks can prevent the organization from achieving it vision. All these should be included in the training that employees get when they join the organization. Moreover, periodical training should be conducted to educate members of staff on the possible risks and any role that they should carry out. This will highly prepare them to deal with any risk in their line of duty as well as enhance their cooperation with administration in risk management. It is important to note that risk management begins from the point of recruitment. While there is scarcity of health staff, not everybody should be recruited into the organization. Management should ensure that employee recruited to fill various vacancies are highly qualified and registered with relevant bodies where necessary. This will ensure that professional mistakes that can easily lead to negative impacts to the organization are minimized (Youngberg, 2010). Making each department part and parcel of the risk management program ensures that risks are identified and communicated in a timely manner. However, it is the responsibility of the management and risk management team to react to the risks. Evaluation of the risks is necessary to ensure that not only the effects but also the magnitude of their impact is established. This enables the management in prioritizing the risks and knowing which strategies to put in place. Continuous assessment of risks is essential to know which risks the organization is facing at each particular time. On the same note, it is important to note that an organization cannot operate without taking some risks. Consequently, risk assessment enables the organization to know the risks that are worthy taking at any stage of operation (Dyro, 2004). In their strategies of addressing the various risks facing the organization, management has four options to choose from. Firstly, the management may choose to avoid the risk. This involves strategies that are meant to ensure the risk does not occur and affect the organization. This is the main option that any organization explores whenever any risk is addressed. Secondly, the organization may choose to take the risk as it is. This option allows the risk to occur and organizations take no steps against the risks. Mostly the option is used when the organization has no way of avoiding the risks in question. However, an o rganization may also choose to take the option when effects of the risks are much lower compared to the benefits involved. Thirdly, an organization may decide to put the risk under control. This involves trying to mitigate the effects that the risks may have to the organization or regulating the probability of the risks occurring (Youngberg, 2010). Lastly, the strategies implemented by an organization may be aimed at transferring the risk to another party. It should be noted that there are other firms which are well prepared to tackle various risks. As a result when it is impossible to avoid a given risk, an organization will transfer the risk to these firms. For example, a health organization can insure some of its activities so that in case of any eventuality the insurance firm can reimburse the money lost. Information technology is very important in risk management because many operations use information systems. Moreover, incorporation of information systems in risk makes work e asier because the information systems have decision support applications (Kavaler Spiegel, 2003). Risk management is an integral part of any organization operations because risks are present in any economic aspect. In this regard, health organizations cannot avoid risks in their operations. Various activities that health organizations are involved in expose them to various risks. Moreover, the dynamics in the activities that various health institutions have embraced nowadays have brought into the question some new risks that require new strategies. In this regard, health institutions must incorporate the risks management in every department and this will ensure effectiveness in risk management. However, it should be noted that risk management requires some money and this should be included in the budget. Nevertheless, care should be taken to ensure that the costs of risk management do not exceed the benefits of avoiding the risks. References Dyro, J. F. (2004). The Clinical Enginee ring Handbook. Waltham: Academic Press. Hancock, C. (2008). Issues in Healthcare Risk Management. Raleigh: Lulu Press. Kavaler, F. (2012). Risk Management in Healthcare Institutions: Limiting Liability and Enhancing care. Burlington: Jones Bartlett. Kavaler, F. Spiegel, A. D. (2003). Risk Management in Health Care Institutions: A Strategic Approach. Burlington: Jones Bartlett. Youngberg, B. (2010). Principles of Risk Management and Patient safety. Burlington: Jones Bartlett.

Information About U.S. Architect Salaries and Jobs

Information About U.S. Architect Salaries and Jobs How much do architects earn? Whats the average starting salary for an architect? Can an architect earn as much as a doctor or a lawyer? Architects often supplement their income by teaching college-level courses. Some architects may even do more teaching than building things. Here are the reasons why. Salaries for Architects Many factors influence the salary an architect earns. Income varies greatly according to geographic location, type of firm, level of education, and years of experience. While published statistics can be outdated - the May 2017 statistics from the federal government were released on March 30, 2018 - they will give you a general idea of the salaries, wages, income, and benefits for architects. According to May 2017 data from the U.S. Department of Labor statistics, U.S. architects earn between $47,480 and  $134,610 a year, up from a range of $46,600 to $129,810 the previous year. Half of all architects earned $78,470 ($37.72 per hour) or more - and half earned less in 2017, but these figures are significantly more than the median in 2016. The mean (average) annual wage for 2017 was $87,500, up from $84,470 per year in 2016, and the mean hourly wage rate was $42.07. These figures exclude landscape and naval architects, the self-employed, and owners and partners of unincorporated firms. Landscape architects do not fare as well. According to May 2017 statistics from the U.S. Department of Labor, U.S. landscape architects earn between  $40,480 amd  $108,470 a year, which is up from $38,950 and $106,770 a year in 2016. Half of all landscape architects earn $65,760 ($31.62 an hour) or more - and half earn less. The mean (average) annual wage of a landscape architect is $70,880, and the mean hourly wage rate is $34.08, both up from the previous year. Job Outlook for Architects Architecture, like many other fields, is profoundly affected by the local and national economy, especially the real estate market. When people dont have money to build houses, they sure dont have the means to hire an architect. All architects go through good times and down times. Even the most famous architects have stories to tell  - Frank Lloyd Wright worked on his Usonian house design after the Great Depression;  Frank Gehry experimented with his own house during the economic stagnation of the 1970s; Louis Sullivan is said to have died penniless. Most architectural firms will have a combination of residential and commercial projects to hedge against these economic ups and downs. According to the Occupational Outlook Handbook, in 2016 the number of jobs for architects totaled 128,800. Competition is fierce for these opportunities. The U.S. government predicts that between 2016 and 2026, employment of architects will increase only 4 percent - slower than the average growth rate of 7 percent for all occupations. The job outlook for urban and regional planners, however, is predicted to be 13 percent, but there are far fewer jobs available. More Statistics, More Sources The professional organization for architects, the American Institute of Architects (AIA), provides an AIA Compensation Survey Calculator based on their own research. It is to the organizations benefit to provide information to newly hired architects, as part of their campaign to Know Your Worth: Are you compensated fairly? Its well-known that many entry-level architects feel taken advantage of at the start of their careers, and the AIA wants you to know that they are on your side with information transparency. For more employment statistics, check out the DesignIntelligence Compensation and Benefits Survey. This report draws data from hundreds of practices that offer design services such as architecture, design-build, engineering, interior design, landscape architecture, urban design, and industrial design. Thousands of full-time staff are represented in the survey. Design Intelligence is an independent research organization who regularly publish surveys and reports that they sell in the DI online bookstore. Online communities such as Archinect also provide data input by their online members. Remember that online polling has become technologically very easy to implement, sometimes making the results a little less than scientific. The Architecture Salary Poll from anonymously input survey data may not be as reliable as federal government data collection. You Are Your Own Architect Too many people think of four-year colleges as training schools - a place to pick up specific, marketable skills to find a job. However, the world changes quickly and a fixed set of skills can become obsolete almost immediately. Consider your undergraduate time as a way to lay the foundation, as though building a structure. The design of your life is based on your learning experiences. The most successful students are curious. They explore new ideas and reach beyond the curriculum. Choose a school that offers a strong program in architecture. But, while you are an undergraduate, be sure to take classes in other disciplines - science, math, business, and the arts. You do not need to earn a bachelors degree in architecture in order to become an architect. Even a degree in psychology can help you understand your future clients. Build the critical thinking skills youll need for an unpredictable future. If architecture remains your passion, your undergraduate studies will provide a solid foundation for a graduate degree in architecture.  You are the architect of your life. Anticipate the Future Architecture can open a world of career opportunities, especially when combined with other, seemingly unrelated skills. Perhaps youll discover a new type of housing, develop a hurricane-proof city, or design the interior rooms for a space station. The particular type of architecture you pursue could be one youve never imagined...perhaps one not yet invented. Some of the highest paying careers today did not exist 30 years ago. We can only guess the possibilities for the future. What will the world be like when youre at the peak of your career? Current trends suggest that the next 45 years will bring an urgent need for inventive, creative architects who can rise to the challenges posed by aging populations and global climate change. Green architecture, sustainable development, and universal design are becoming increasingly important. Meet these demands, and the money will follow. And, speaking of money... Does Architecture Pay? Painters, poets, and musicians struggle with the challenge of earning enough money to put food on the table. Architects - not so much. Because architecture incorporates science, engineering, and many other disciplines, the profession opens many avenues for earning income. While other professions may pay more, an architect who is flexible and creative is not likely to go hungry. Remember, too, that architecture is a business. Develop project management skills that will get jobs done on time and under budget. Also, if you can develop relationships and bring steady business to the architectural practice, youll be invaluable and well-paid. Architecture is a service, a profession, and a business. The bottom line, however, is whether architecture is your passion - whether you love design so much that you cant imagine spending your life any other way. If thats the case, the size of your paycheck becomes less important than the next new project. Know what drives you. Architecture is a great profession, but there are some key things to remember, 9/11 architect Chris Fromboluti told an interviewer at Life at HOK. Chris gave this advice to young architects: develop a thick skin, go with the flow, learn the profession, get into green design, dont be driven by money.... A future is the most important design an architect will ever make. Sources Occupational Employment Statistics, Occupational Employment and Wages, May 2017, 17-1011 Architects, Except Landscape and Naval and 17-1012 Landscape Architects, Bureau of Labor Statistics, U.S. Department of Labor [accessed May 13, 2018]Quick Facts: Architects, Occupational Outlook Handbook,  U.S. Department of Labor, https://www.bls.gov/ooh/architecture-and-engineering/architects.htm [accessed May 13, 2018]Quick Facts: Urban and Regional Planners, Occupational Outlook Handbook,  U.S. Department of Labor, https://www.bls.gov/ooh/life-physical-and-social-science/urban-and-regional-planners.htm [accessed May 13, 2018]Life at HOK at www.hoklife.com/2009/03/23/5-questions-for-cris-fromboluti/, HOK.com [accessed July 28, 2016]

MoD 3 FIN501 Risk and Returns Protfoli Essay Example | Topics and Well Written Essays - 1250 words

MoD 3 FIN501 Risk and Returns Protfoli - Essay Example We can use the following models to determine a company's required rate of return: 1) Dividend Discount Model: The dividend discount model is an example of a present value model of stock valuation in which dividends are used as stream of cash flows and the present value of the stream of dividends is defined as the value of the stock. The basic assumption of this model is that an investor who buys a share receives return only in the form of dividends. This assumption strictly holds for dividend paying stocks and for companies that are stable and pay a constant amount of dividend to its share holders. Companies that are categorized as high growth companies do not pay out dividends to their share holders since the excess funds are invested elsewhere in the business to exploit the existing growth opportunities (Madura, 2008). Hence DDM is not a suitable model to use for high growth companies that do not pay out dividends to its shareholders. Another assumption of the model is that there a re no taxes and transaction costs. This is a false assumption since dividends earned are taxed in most of the countries. DDM is one of the oldest and easiest model to calculate a company's required rate of return. ... The required rate of return is very sensitive to the inputs used in the DDM constant growth formula and hence the value of required rate of return is as good as the assumptions used by an analyst. DDM also assumes that the prices are efficient and the intrinsic value of a stock is equal to the market price of a stock. This assumption does not hold in equity market indices of developing markets. In conclusion, DDM is appropriate for valuing a company's required rate of return when its key assumption of steady future dividends hold. Most of the Equity market indices of developed markets satisfy this assumption. Lastly, an analyst should be aware of the fact that the output of the model is very sensitive to the inputs used and the model's accuracy largely depends on the assumptions used by an analyst. 2) Capital Asset Pricing Model (CAPM): CAPM is an equation that can be used to calculate the required rate of return of a stock. CAPM is one of the widest used models in finance to calcula te the required rate of return because of its comparatively objective procedure of calculating a company's required rate of return (Jaffe, Westerfield, & Ross, 2005). Following equation can be used to calculate the required rate of return in CAPM: One of the assumptions of CAPM is that the shareholders are risk averse and they make the decision to invest in a stock based on the mean return and variance of returns of their total portfolio . This assumption does not hold in developing markets where investors are not very knowledgeable about the concepts of portfolio management. Another assumption of CAPM is that there are many investors in the market and all of those investors are price takers. This assumption does not hold true if the financial markets are not