An Analysis of Ray Bradbury’s Fahrenheit 451

Burning Books Ray Bradbury’s novel, Fahrenheit 451 takes places in some sort of â€Å"perfect† world. In the novel people who â€Å"think† are considered outcasts and weird. Additionally, the population has almost completely removed books from their society. This can directly connect to modern American society in which, entertainment and material possessions seem to interest people more than books, and the small items in life remain unappreciated. Several people today do not enjoy reading. They have found an external source of entertainment in, television, radio, or music.Similar to the novel, today’s society has begun to abandon books. They don’t have much of a free will anymore and some may call it mind control. The society in the novel seems very similar to this because they never had a chance to express themselves or have unique personalities. Furthermore, various people do not appreciate the smaller items in life and look more interested in phy sical objects such as, money. Moreover, in Fahrenheit 451, Clarisse mentions to Montag how drivers may have not ever seen the grass or flowers, or even looked at nature.It seems like these two groups have completely removed â€Å"thinking† and â€Å"knowledge† from their lives in search of materials with â€Å"greater value. † These two societies have many similarities. Particularly, modern American society has begun placing books away and looking for other forms of entertainment. Today, individuals make it seem like money and material possessions are the most important in life. Likewise, those in Ray Bradbury’s novel appear to find more interest in Parlor walls and seashell radios instead of objects that allow more thought, such as books.

To Kill a Mockingbird Questions Chapters 1-3

To Kill a Mockingbird Questions Chapters 1-3 1. Dill, Jem, Simon Finch, Atticus, John Hale Finch, Calpurnia, Mrs. Henry Lafayette Dubose, Mr. Radley, Boo Radley, Mrs. Radley, Mr. Conner, Miss Stephanie Crawford, Nathan Radley, and Scout are introduced in the first chapter. 2. This book is set in the Great Depression (1929-1939). Harper Lee used the Scottsboro Case (1931) as the spark to write the trial sequences in the novel. 3. Scout narrates in the first person, telling what she saw and heard at the time and augmenting this narration with thoughts and assessments of her experiences in retrospect.Although she is by no means an omniscient narrator, she has matured considerably over the intervening years and often implicitly and humorously comments on the naivete she displayed in her thoughts and actions as a young girl. 4. In To Kill a Mockingbird the Finch family is well off compared to the rest of society. The father, Atticus, is a lawyer. 5. To Kill a Mockingbird takes place in th e fictional small Southern town of Maycomb in the 1930s. 6. Scout and Jem's fathers' name is Atticus and he is a lawyer with a distaste for criminal law, but he protects an innocent, black man. . The doors and shutters are always closed, the yard is unkempt, and one of the inhabitants of the house hasn't been seen in years. 8. The children think he's mad, violent, eats raw animals, walks around people's yards at night, can kill plants by breathing on them, and is going to KILL THEM ALL. 9. Miss Rachel's nephew. He's in Maycomb because he visits Miss Rachel every summer. Dill is also a friend and â€Å"fiance† of Scout's. He's also Jem's friend. 10. Scout goes to school for the first time. 11.The teacher becomes annoyed with Scout because Scout already knows how to read and write, and she tells the teacher about the Cunninghams, making her look like a fool. 12. Her father (Atticus) was a lawyer and would come home from work and read the paper. He used to read her stories and t hat's how she learned to read. 13. Scout gets in trouble by learning how to read, write, and by telling Miss Caroline about the Cunningham's financial situations. 14. Jean Louise Finch is Scout's real name. 15. No, because she doesn't respect their family clans (Cunninghams, Finches, Ewell, etc. , customs, and more traditional learning styles. 16. It shows that miss Caroline does not know a thing about her student and needs to get to know them better! because poor scout thinks he is helping put miss Caroline and Walter but he gets spanked and punished because she does not know her students because she is a new teacher. 17. She got in trouble with her teacher for explaining on why Walter didn't take the money that Miss Caroline (the teacher) offered him. Scout wasn't someone who took embarrassment lightly! 18.Jem invites Walter Cunningham over for dinner to try and resolve the situation. 19. It takes a long time because Walter doesn't want to owe them, and he doesn't want to rely on charity and spoil his honor. 20. She is alarmed at the things ‘jumping' out of Burris Ewell's hair, which he calls ‘cooties'†¦ 21. Scout wants to quit school because her teacher told her she wouldn't be allowed to read or write for years. 22. He taught them to stand in the other persons shoes, look at their soul and not make judgements based on race or social status.

Metaphysics; Plato and Aristotle Essay

a. Introduction As a major assignment for this course, you are to write an essay paper on a topic relating to the subject matter of the course and drawing on course material. This should be a new paper, written by you individually, specifically for this class. You have two options to do this assignment. First option: You can write an essay paper in a rather classic style by selecting one of the listed topics in part b. If you decide to do the first option, you are required to pick one of the listed topics and write a philosophical essay according to the description provided for each topic. Second option: You can conduct a philosophical project and write an essay on the findings of the project. For this option, you need to become an â€Å"undercover philosopher† and interview 5 different people on a philosophical topic given in part c. The final outcome of your project should include the interviews results and your own analysis. Regardless of the option you choose you are required to follow these criteria: You are required to do only one of the mentioned options. But it is better to make decision as soon as possible since it will take time to accomplish either of them. This assignment is due no later than 11:59 p.m. on Monday, April 28. Late papers will only be accepted with an appropriate excuse and a point deduction. Your paper will be submitted via TurnItIn through the Blackboard site for the course. Just so you are aware, TurnItIn automatically checks your paper for plagiarism and will catch it if you try. No email or paper submission will be accepted. You should use the MS Word template file provided in your Blackboard. Papers not prepared in that format will not be graded. The final paper should be named as: Your Last Name_Your EU ID_Your Course Section.DOCX o For example if your last name is Jones and your EU ID is mhj034 and you are in PHIL 1050 section 001 then your file name should be: Jones_mhj034_001.docx. Another example: Ahmadi_kia9801_002.docx for student named Ahmadi with kia9801 as EU ID taking 002 section of the course. There must be â€Å"_† (underline) character between name, EU ID, and class section. o EU ID is the ID you use to login to your Blackboard account. You can find your class section by looking at the title of the course listed in your Blackboard account. Your paper must be no less than 1000 and no more than 1500 words (this is content only; this is not counting name, title, footnotes, bibliography, etc.) Papers with less than 1000 or more than 1500 words will be graded with a point deduction. You may find a PDF copy of Writing Philosophy on Blackboard, it is strongly recommended that you utilize this resource to help you write a good paper. All sources, including assigned readings, must be formally cited according to the Chicago Manual of Style (resources for which can be found online). Use of secondary sources is strongly encouraged but not required. Remember that failure to cite sources technically constitutes plagiarism! For further information, you can review the university’s policy on academic integrity at: http://www.vpaa.unt.edu/academic-integrity.htm. Regarding citations, long quotes of 4 or more lines are not allows and will result in a noticeable point penalty if used. Remember also that not only direct quotes also paraphrasing of another person’s material must be formally cited. All sources must be listed as footnotes. No bibliography or reference list at the end of the paper is required. Further details about citation can be found in the MS Word template file in your Blackboard account. This assignment makes up 25 out of 100 points for your final grade. You will be graded equally on writing, your summary of material, and your own critical response. Beyond these you can lose points for having a paper that is too short, failing to cite sources, or in any other way failing to adhere to the instructions and criteria for the assignment. Grading Criteria: An â€Å"A† paper is one that follows all format requirements, is at the standards of college writing, contains an excellent summary of course material, and  shows careful thinking about the topic. A â€Å"B† or â€Å"C† paper is one that follows most format requirements, is at or near the standards of college writing, contains a summary that shows a good or at least basic understanding of course material, and shows your own thinking about the topic. A â€Å"D† or â€Å"F† paper is one that is well below the paper requirements or the standards of college writing, contains a summary which shows a poor understanding of course material, and/or where any thought of your own on the topic is lacking. And, of course, any paper containing plagiarism will receive an â€Å"F†. Given that this a college course, it is expected that all students are capable of a certain level of writing quality. If you feel that your writing skills are not the best, I would strongly encourage you to seek help from the UNT Writing Lab (http://www.unt.edu/writinglab/). b. First Option: Classic Essay For your essay you may select from a list of topics below. Your topic will involve two aspects. First, you should summarize a theory or set of theories of philosophy that we have learned or discussed in class. Second, you should give your own argument for what is the proper view regarding that topic. Your paper must have both a summary of course material and your own original thinking on the topic, in roughly equal measure. Essay Topics: If you decide to write a classic essay paper you are required to choose one of the following topics. Otherwise you could do the second option described in part c. (1) Metaphysics; Plato and Aristotle: First,  summarize Plato’s theory of the Forms as ultimate reality (â€Å"The Republic†). Then, summarize Aristotle’s theory of the four causes and form/matter as ultimate reality (â€Å"Physics†). The second half of your paper should critically compare and contrast the two, and give your own argument for which you think is more correct, and ultimately state and argue for what you think the true nature of reality is. (2) Knowledge; Descartes and Hume: The first half of your paper will involve summarizing Descartes’ view of knowledge (â€Å"Meditations†), then summarizing Hume’s view of knowledge (â€Å"Enquiry Concerning Human Understanding†). The second half of your paper should critically compare and contrast the two, and give your own argument for which you think is more correct, and ultimately state and argue for how you think we acquire true knowledge and what the limits of knowledge are. (3) Cogito; Argument and Counter-Argument: The first half of your paper involve summarizing Descartes’ arguments in support of Cogito and philosophical implications of it (â€Å"Meditations†), then summarizing an strong counter argument from another philosopher (Modern or Contemporary) against Cogito and its implications. The second half of your paper should critically compare and contrast the two, and give your own argument for which you think is more correct, and ultimately state and argue for the relevance and validity of Cogito argument. (4) Ethics; Aristotle and Kant: The first half of your paper will involve summarizing Aristotle’s virtue ethics (â€Å"Nicomachean Ethics,† books I and II), then summarizing Kant’s deontological ethics (â€Å"Foundation for the Metaphysics of Morals†). The second half of your paper should critically compare and contrast the two, and give your own argument for which you think is more correct, and ultimately state and argue for what you think is the proper approach to ethics, including whether ethics should be approached through good character or rules for action. (5) Knowledge and Method; Aristotle and Descartes: The first half of your paper will involve summarizing Aristotle’s view on knowledge and method (â€Å"Physics†), with emphasis on the Empiricist method and his teleological account of nature; and further will involve summarizing Descartes’ view (â€Å"Meditations†), with emphasis on the Rationalist method and Cartesian doubt. The second half of your paper should critically compare and contrast the two, giving the pros and cons of each as well as your own  critical reflection on the proper approach and method for knowledge. c. Second Option: Philosophical Project For this option you are required to interview five different people on a philosophical topic listed below. First you need to understand the topic well in order to conduct your interviews. Then you pick your interviewees and ask the questions. You need to accurately record their answers. Then you summarize each interviewees’ responses in a very concise but clear paragraph. To do this you need to extract the philosophical core implied in the answers. You should not simply write down everything they say, because only philosophical arguments of their responses are important and relevant to this work. You should ask your questions is a way that makes interviewees reveal their principles or assumptions regarding the topic. Then you give your original thinking on those philosophical arguments and principles by comparing, criticizing, and challenging them. Generally speaking, your essay should include at least 8 paragraphs. First paragraph should include the questions you asked in your interviews. Five next paragraphs could be dedicated to the summaries of five interviews, and one paragraph for comparing the philosophical arguments and criticizing them, and one last paragraph for presenting your original thoughts on the issue. You should be creative in your questions and let the interviewees speak in their own voices. However you should guide the interview so that you can grasp the underlying philosophical principles. You should not include the interviewees name or identity in the paper. This is absolutely against UNT regulations for such research. Also you don’t need IRB approval since this is only a class assignment and the results will not be published in any way. Interview Topics: (1) Ethical relativism. The main question is â€Å"is ethics relative or absolute?†. However in addition to this question you should ask more questions to make the interviewees clear about their idea of ethical principles. You should ask interviewees to explain their reasons with examples. Also you can challenge their responses by giving them counter-examples. For example, for a person who thinks ethics is relative, a  counter argument could be â€Å"then everything is correct at the same time† or â€Å"why killing innocent people for fun is always wrong then?† Or for a person who believes that ethical principles are absolute, a counter example is â€Å"what if an ethically wrongdoing (such as lying to a murderer, or torturing a terrorist) is the only way to stop a disaster?† (2) Absolute Truth. The main question is â€Å"is there an absolute truth?† You should ask interviewees to explain their reason. Also you should ask them if absolute truth de pends on human mind or whether or not is attainable by human mind. A challenge to people who believe in absolute truth is â€Å"how exactly they know there is an absolute truth?† or â€Å"how can they justify their position?† On the other hand, if they believe in relativity of truth, then the challenge is â€Å"then everything can be true or false at the same time and this is contradictory (isn’t it?)†. Also you can ask if scientific truths are relative in their opinion or not. In addition, they should make it clear on what parameters truth depends (e.g. social contract, power, culture, personal preference, utility, etc). And also if truth is relative then why do we think we know the physical world better than ancient thinkers (don’t we?) (3) Environmental Ethics. The main question is â€Å"do we have moral duty to nature and environment?† You should ask questions such as â€Å"are we morally responsible for nature and environment?†, â€Å"is there anything morally wrong about destroying nature (intentionally or unintentionally)?†, â€Å"what if destroying nature is necessary for human life?† and â€Å"what makes us responsible for nature?† You can also ask questions about what elements and aspects in nature makes us responsible. For instance, we are responsible because it is useful for us, or because it is beautiful, or because animals and plants are alive (like us), or it is because of the next generations that we are responsible? Or combination of them. You should clarify what sort of ethical relationship each interviewee is assuming between them and nature. Also do they think that human is just a plain member of ecosystem or special member who stands above everything because it is human being? Also â€Å"to what extent we should care for nature?† (4) Existence. The main question is â€Å"what makes our existence valuable?†. You may ask questions such as â€Å"why we are here?†, â€Å"why we should not kill ourselves?†, â€Å"what is the most valuable in human life?†, â€Å"what makes life worthy of living?†, â€Å"what is  valuable about existence?†, â€Å"is the any purpose in human life?† and â€Å"is there any meaning in human existence?†. (5) Being Human. The main question is â€Å"what is human being?† Under this topic you should ask the interviewees to give a very clear and concise definition of human being and then ask them further questions to challenge their definition. For example, if human being is defined as a rational animal, then why we consider mentally impaired humans as human being? The main concern in this topic is to clarify the essence of human being. Also you should ask them to explain how philosophy/science/religion can help us understand the nature of human being. Also you may ask them to clarify whether or not human being has a fixed nature /essence. In this regards you can ask â€Å"do you think human beings have changed in their nature/essence over the course of history?† Also you may ask them how can we grasp the truth about human nature. P

New Australian National Nurses Registration Research Paper

New Australian National Nurses Registration - Research Paper Example This new registration system has been enacted through relevant education in each State. This new law oversees the administrative aspects of several health professional groups into one national entity. There are many good reasons to make the change and yet there are also many issues that need to be resolved. Nursing in Australia has been mostly a two tiered structure in which there are level one nurses who have a bachelor degree and level two nurses who have extended their education to receive certificate or diploma. Nurses have been the driving force of the healthcare system in Australia. The system is changing with the needs that have been created with the shortage of nurses and the ageing of the present nursing population. This paper will discuss that change. In 1984, the Commonwealth government made a decision to transfer nursing education to tertiary education with level one nurses prepared at the diploma level. In 1992, it became necessary to have a bachelor's degree (Kenny & Duckett, 2004). The Project 2000 report resulted in the change of second level RN training everywhere but Australia. Australia chose not to do this based on the fact that Australia has stronger unions and different strategies for their professional nurses, such as viewing the second level RN as an associate to the RN. This nurse is called the Enrolled Nurse. These EN's are meant to practice under the direction of the level one nurse or RN (professional nurse). They report to the level one nurse but are still responsible for their own practice (Kenny et.al. 2004). Core competencies for the EN have been difficult to monitor as they have been different according to where one works. In some states they have been able to administer medicines and in some states not. The new law which took place July 1, 2010 creates the National Registration and Accreditation Scheme for health care practitioners, including nurses and midwives. This new law will create many changes in the way that healthcare is delivered in Australia, in particular, in the rural areas (Forsythe, 2009). It also creates standardization in licensing and in competency levels. It assures the understanding of the RN level of nursing which is University level, the EN which is diploma level and the NP or nurse practitioner level. III. Bodyiii.i Scope of Practice There are three essential criteria that are noted for defining scope of practice. Those are education, competency, and authorization to practice. These guidelines are published under the ANMB-codes and guidelines in Australia. These guidelines give the nurse and organized process in determining whether something that needs to be done is within her scope of practice. Failure to understand these guidelines can lead the new RN to

PUBLIC AUTHORITY Essay Example | Topics and Well Written Essays - 2000 words

PUBLIC AUTHORITY - Essay Example ation certain critical scenarios that have been recognised in the case, it is observed that two younger children of Shirley, Charlie and Danni used to play together in the street all day long. Both of them seemed to be quite unwashed and untidy. According to Mrs. Smith, Charlie is particularly aggressive in nature and acts violently towards other young children playing in the street. On the other hand, the speaking habit of Danni was very offensive for a girl of her age and the other girl Emily looked to be pregnant at such a tender age. These children appeared to not attend their school on a regular basis. Moreover, as Mr. Smith heard some noises and cries from the house and also did not see the mother of the children for few weeks, she decided get into the matter more precisely by inviting one of the children i.e. Danni to her daughter’s birthday party. This was not accepted by Shirley, the mother of three children replying that Danni was unwell and cannot attend the party. During the conversation Mrs. Smith asked Shirley, about her arm which was on a sling. In the mean time, Donald arrived at the door and aggressively shut the door in front of Mrs. Smith by telling that she should distance herself from the activities undergoing in the Barrett family. This attitude was not taken kindly by Mrs. Smith, as she decided to discuss the matter with her colleagues in her workplace. According to her, something was quite wrong in the Barrett family. In this regard, it was decided that the Local Authority is to be informed for revealing the facts appropriately. In response to the case mentioned above, it is the responsibility of the Local Authority to know what the real story behind the problems is. The Local Authority should discuss the matter with both the family members to resolve the problems and advise them to a lead a healthy life. As the Barnett family is staying in a rented house, it is obligatory for the landlord to look into the matter and try to resolve the

Recognition (Human Resource Management) Essay Example | Topics and Well Written Essays - 250 words

Recognition (Human Resource Management) - Essay Example The performance records bear numerical records that are used for ranking employees according to their productivity. Recognition usually comes in forms of financial rewards in addition to certificates and trophies bearing the winning employees’ names (Bradler 29). This form of recognition is beneficial because it rewards employees proportionate to their performance, which is the greatest motivator for encouraging determination and quality productivity among employees. I am one of the employees receiving recognition every year. I have received financial rewards and trophies for three consecutive years. I have also been named an employer of the year once since I joined the company. I believe that this kind of recognition is part of our normal performance appraisal. This is because my employer has been greatly interested in recognizing us. Additionally, the employer has enacted policies concerning employee recognition in terms of financial rewards, certificates and trophies. Therefore, the recognition I receive is included in the normal performance

Social constructions of gender Essay Example | Topics and Well Written Essays - 5250 words

Social constructions of gender - Essay Example To some extent I think the major issue bringing about all these arguments is the fact that there is no proper definition of the term gender that each of the opposing groups can use as the base for their arguments in order to come up with the middle ground in the alignment of the contentious issues underlying the whole matter. Depending on the line of argument that has been taken by any of the opposing sides, the gender matter can be defined in two distinct lines of thought which of course tend to oppose each other bringing about the two antagonistic sides in the whole argument over the subject matter. On one side, some people define gender based on their biological origins and structure thereby categorizing them as either male or female, though another category of gender has recently come into play and is rapidly claiming recognition as far as the classification of gender is concerned. This third gender is the transgender which is mainly common in America and is a fusion of the two b iological definitions. A proper classification of the third gender as far as its biological orientation is concerned has not yet been devised, but it still cut across the two main ones (Dube, 2001). On the other hand the term gender has been defined on the social basis depending on the roles carried out by the two biologically defined gender categories. It is good to note here that the social definition fuses both the biological orientation of the two gender lines with the social roles assigned to each biological gender in the society.

Describe a model project to upgrade security at YOUR facility (or a Research Paper

Describe a model project to upgrade security at YOUR facility (or a fictional facility) using the process identified in the three part Security Architecture and Engineering series - Research Paper Example Security is based on three aspects that are enacting preventive obstructions purposed at deterring potential invaders, using surveillance measures to notify intrusions and methods to be used in apprehending the intruders. Upgrading of a security mechanism is essential in the sense that it averts the possibility of the incident of the risk protected against by creating the security measures stern thus reducing the incidence of the danger. This is a gauge that follows a comprehensive study of the safety system to make sure whether the system requires upgrading or substitution depending on the susceptibility of the system to be undermined (Atlas, 2005). This is aimed at protecting the asset from theft or any other risk that the owner of the asset needs security against .This is a research paper that involves a description of model project to upgrade security at a facility. The reader would be able to understand the importance of security upgrade after going through this paper (Fennelly, 2013). A successful security concept for safeguarding facilities nowadays emphasizes a growing alertness of technological advancements and emphasizes the incorporation of architectural perspectives, security systems and manpower and procedures so that they can be more efficient. Crimes comprising terrorist activities are the artifact of intentions other than means. Technology assists facilities detect the means interlopers use but not their objectives. The human part of the security force must establish the purposes and take actions to counteract them. The key expression describing risk control in todays world is incorporation (Atlas, 2005). Facilities require security upgrade to ensure the dynamic threat types are put at bay at all time and systems upgraded to counterbalance security measures. Computer security ideas and systems are measures employed in countering security threats within a facility. Concepts and

Fashion Design Research Paper Example | Topics and Well Written Essays - 1500 words

Fashion Design - Research Paper Example The paper "Fashion Design" analyzes the Role of Fashion Designers. Fashion design is the field of art that deals with application of aesthetics, design or natural beauty on clothing and accessories. The creation of clothes, and other lifestyle accessories, is the principal activities involved. It is mainly influenced by culture and social relationship and circles hence its variation over time and place. All the different kinds of people and personality are served by varied elements of fashion design. This is in terms of the detail, techniques and finish to be applied. Carr and Pomeroy provide the steps involved in garment production. They begin by stating that fashion designers are the professionals who are involved with the every detail of the process that introduces a new fashion into the public domain. However, the first process begins with creating a basic design. This step is followed by the creation of a card design to establish that all pieces of the fabric fit well together. The final garment can then be created in accordance with the card pattern after all pieces are properly assembled. It involves the selection of appropriate materials that include buttons, zippers, as well as the selection of the suitable colors. At this point, the designer decides whether to show the clothing in a collection, modify or reject it (1992). Additionally, the fashion designer is involved in a fashion show, which is executed by selecting models, arrangement of garments in the collection.

Leadership interview business paper Essay Example | Topics and Well Written Essays - 500 words

Leadership interview business paper - Essay Example He carried along on the same lines, often doing two jobs in a day to support his family and education. Davis graduated with a degree in electronics engineering and went ahead to do his MBA. Throughout his education, he was always working part-time to take care of his siblings and mother. Right now, he has his own small company which is growing at an enormous pace and is already perceived to become more successful. With such great experience and personality aspects, I found him an ideal candidate for this interview. The questions I asked him were: His answers to my questions were all very brief, yet highly powerful. All of his answers were supported from practical knowledge and exposure and had no text-book touch to them. According to him, a leader is somebody who is standing in front of his people and controlling and directing them. A leader cannot be a person who sits in isolation in a corner. He needs to be there among people all the time. This is highly essential in gaining popularity and trust with his people. Having been a leader of a successful organization since 8 years, he considers this to be the major difference between leaders and managers. I learnt that leadership traits do not occur in a person by birth but are developed, since childhood, with the help of the environment around. If, at a very young age, a person is thrown up with difficult obstacles and told to cross them, this develops leadership skills in him. Moreover, when a person assumes responsibility of something, be it a house, younger siblings or a company, he automatically assumes the role of a leader. He believes training and education cannot make a successful leader, but can only polish the existing leadership skills in a person. An important point I learnt was that a leader needs to be loved by his people. The love can only come when the people trust him, respect him and are fond of him. A strict

China Assignment Example | Topics and Well Written Essays - 750 words

China - Assignment Example The emperor created an intricate bureaucracy which they used to wage imperial wars, perform public works projects and to build large temples. During the Imperial era, the states were centralized though local officials maintained limited autonomy. Artisans and self-sufficient peasant farmers ruled the economy during this period. Business was relatively frequent and it increased after the Han Dynasty after Silk Road was developed. During this period, there was an emergence of large-scale businesses and advancements in technology. Developments in technology were marked by the invention of paper, wheelbarrows and the seismograph. The Late Imperial era brought an economic revolution in China. With technological advancements, there was a rise in large-scale enterprises, waged labour and use of paper money. Trade in the overseas flourished during the Ming Dynasty. Liberalisation of capital, investment and commerce took place as technology continued to advance. At the same time, there was privatisation of government manufacturing industries. There was also emergence of urban and rural markets, whereby there was production that was geared towards consumption. The emergence of these markets was a key development during this era (Hampton & Moss, 2004, p. 37-42). Power distance refers to the extent to which people who have less powers in an organization will expect and accept power to be distributed in a different way. China is ranked 80 on power distance which is very high. This rank means that there is a big power distance between the subordinates and the management. However, that is acceptable and considered normal. Individualism is where people think with a mentality of â€Å"I† or â€Å"We†. For the American culture for example, it is mostly â€Å"I† focused. It therefore means that the Americans focus more on furthering themselves and their careers versus furthering their departments or groups. China is ranked at 91 on individualism. It therefore means

Guitar and Plectrum Instruments Essay Example for Free

Guitar and Plectrum Instruments Essay The rondalia is an ensemble of stringed instruments played with the plectrum or pick and generally known as plectrum instruments. It originated in Medieval Spain, especially in Catalunya. Aragon, Murcia, and Valencia. The tradition was later taken to Spanish America and elsewhere. The word rondaila is from the Spanish ronda, meaning serenade. The rondalia has its origins in the playing bands from Spain (as well as New Spain, namely Mexico) that were forerunners of the present-day rondalia and included four types: groups of young men who played and sang regularly in front of homes, bands of musicians known as murza or murga who begged for alms, a group of musicians known as comparza who played on stage, and groups of university musicians known asestudiantina, dubbed â€Å"tuna†. The usual musical instruments used by estudiantina members were mandolins, violins, guitars, flutes, cellos, basses, tambourines, castanets, and triangles. Estudiantina musicians in Spain and Mexico, before and during the age of musical romanticism, wore 16th century attire such as short velvet breeches, ornate shirts and a short cape with multicolored ribbons. Some instruments used for the early rondalia were influenced by the Mozarab musical instruments of the time, including the guitars, flutes and vihuelas. Mandolins, castanets and tambourines were also used and today a full range of instruments can be heard, such as the Mexican vihuela, violins and cellos, marimbas, xylophones, harps, and timbales. Today, rondalias are more modern and expressive, using lyrics that are vibrant, yet still keep with the traditional theme of melancholy love and evening serenades. Currently, there are many groups in Spain (such as La Rondalla Sierra Almijara and La Rondalla de la Costera), and Mexico (such as La Rondalla de Saltillo, La Rondalla Voces del Corazon) and United States (La Rondalla del Sagrado Corazon de Richmond) that carry on the tradition. During the Spanish period in the East Indies, the rondalia was brought to the Philippines by the Spaniards. In the early Philippines, certain styles were adopted by the natives, especially guitar and banduria used in the Pandanggo, the Jota, and the Polka. The use of the term comparza was common, however, during the American period in the Philippines, the term rondalia became more used. At present, rondalia, in the Philippines, refers to any group of stringed instruments that are played using the plectrum or pick. The Filipino instruments are made from indigenous Philippine wood and the plectrum, or picks, are made from tortoise-shell. Other stringed instruments composing the standard Filipino rondalia are the bandurria, the laà ºd, the octavina, the Twelve-string guitar, the Ukulele, the bajo de uà ±as or double bass, the Guitarrà ³n mexicano, and other Filipino-made instruments modeled and developed after the guitar. The Philippine rondalia’s repertoire include folk songs such as the Balitaw, the Kundiman, the Zarzuela, the Subli, the Harana, the Tinikling, and the Carià ±osa.

Operations Management in Business WH Smith Analysis

Operations Management in Business WH Smith Analysis WH Smith Introduction WH Smith was first created by Smith Family in 1792 as a newsagent, in then became the company with the name â€Å"WH Smith† in 1828 and launched the website WHSmith.co.uk in 1999. This success fully growing company opened many stores in Rails stations, High Streets, Shopping Centers and gradually lost its profit of  £135m. The arrival of Kate Swann made WH Smith to run as the profitable company in a decade. The success of her achievement is based on how she organized and worked towards her goal. Throughout this report there are many explanations related to WH Smith’s success using operation management skills by Kate Swann. Task 1 Operation is the key part of the business which produces goods and services. It involves in planning organizing, controlling an organization operations. Organization without a planning will never be able to success in its business. According to the scenario, the success of profit is based on the Operation Management, which involves a complex set of management activities involved in planning how they wanted to improve their sales organizing leading, by cutting the costs. Kate Swann managed to achieve the target of turning WH Smith into a profitable company by taking into account of the operational management. Following the principles of operation management in an organization will help the company to reduce the cost of products and services and also in the mean time it will help to increase the customer’s satisfaction towards the product quality and the services. As the operations function is responsible in goods and services, it is important to support the input and output to be delivered on time scale. Various input such as capital, labor, and information should be measured in order to obtain desired outputs. The role of operation management is to improve productivity which will help to improve the organizations financial and also to meet customer’s competitive priorities. In the scenario it shows that Swann has targeted the teenagers and as well as young women for stationeries this make the targeted users to be satisfied as well increase the sales in WH Smith. The key elements of Operation managements are known as Business logic, System theory. Kate Swann has understood the business logic in how to increase the profit for WH Smith. She understood how to target the customers and increase the profitable margin. In her success we can see that she has cut the cost persistently which is one of the element in business logic. Applying system theory to a business helps to find out how the environment impacts business process. According to the report of â€Å"Our Quality Commitments to Our Customers† in WH Smith website it clearly says that WH Smith is responsible to fulfill the minimum standards required by the law. If WH Smith reduces the standards and quality towards their customers due the cost effective they might not be able to success in our goal. For example Funky Pigeon greeting card shop which was open online is a best known website because customers get best services. Even though it was introduced to the market 2 years ago it has been famous. The reason behind this is their quality and services that they have been giving to their customers so far. The customers get the opportunity to choose their cards with uploading their own pictures and also the cards ordered by the customers are delivered very next day to their required address. This will impress the customers and make them come back. The online strategy objective of WH Smith is to launch the Funky Pigeon which sells greeting cards, personalized gifts and cards according to the customers need. The products that are sold in this website are very quality as well as cost effective. The services given to the customers are very dependability as funky pigeon is a fastest delivery service. It has the next day delivery services for their customers. More customers may prefer to visit their website as they are not limited by options in cards. The customers got the verity of option in choosing cards. As funky pigeon allows the option of personalizing the gifts or cards the customers may be satisfied in choosing any of the products from them. System is known as the collection of parts which can function independently for the success of the common purpose. For example, System contains the Input – Process- Output in an organization. It is essential that all the collection part in a system work collaborate for a company to be successful. WH Smith should follow each parts as Input and Process and output to make their company to run in organize planning and control and to be on right track Sub-system is known as the complex collections of many Systems in order to achieve the common purpose. In other words it contains many Input many process and many output to achieve the goal of the company. WH Smith may contain many system and sub-system diagram for the organization. Following diagram shows the system function in WH Smith. Task 2 Strategic planning is an organizational management activity which helps to set priorities, strengthen operations, and to ensure that employees work towards the goals to achieve success. An effective strategic planning articulates not only where and what actions needed to make progress, but also how it will know if it successful. In order to implement success strategic planning need to follow the performance of operational management. Operational management is essential for all organizations. The strategic planning mostly deals with activities of any business organizations such as operations, sales, finance concerned with different level managers. Operational management is focused with the production / services provider level of organizations. There are three stages of strategic planning. They are known as Economy, Efficiency and Effectiveness. To achieve the profit margin Swann has introduced the stationeries targeting the teenagers and young women. WH Smith started to sell stationer ies and sweets at the checkouts. This is a good example that Swann has used one of the strategic planning elements known as Economy. As it is essential assign that right resources has been used at the right time at the right place and right cost which a management should consider in business objectives. In other hand WH Smith has the big online strategy Funky Pigeon where they work in very cost effective. â€Å"Swann announced she was pulling out of selling music and DVDs†, she has compared the market and in order to increase the profit margins. And the comparison stores such as HMV thinks that it’s brave. As she consider the Efficiency, she has compared the performance target she kept to increase the profit of WH Smith. Even though WH Smith has its high street retail it has target the online retailers by introducing Funky Pigeon card site. Effectiveness is determined by examining the objectives and achievement of a company. WH Smith was been losing by 135m due to Swan n’s strong operational management the company has turn into profit of  £106m. Quality is very important for an organization. An example of good quality product with less cost is when a customer who consumes the product and services has nothing or less to complain about the product. In the scenario it says â€Å"WH Smith now sells roughly  £65 of goods for every  £100 of custom† the success is they have carefully reviews the objectives. WH Smith has to review the existing products carefully in order to compare the function of the product required by the customer, who demands them in lower cost. Kate Swann has carefully reviewed and decided that selling of Music and DVD’s are not profitable and not worth of reducing cost. So she completely stopped selling DVD’s and started introducing new ideas on selling new products in WH Smith. They target certain age group to boost their sales. As we can see in the scenario that it says the teenagers and the young woman have been aimed for stationeries. What Kate Swann has done leads WH Smith for its success. Following the performance objective it helps to add value to the customers in delivering quality products or services. The Quality, speed, dependability, flexibility and the cost may defer as performance objectives. Quality services as known as error-free services. There may be no any complains about the product satisfaction. This can be improved by getting customers feedbacks. For example if we take WH Smith the quality can defer as the store cleanliness, an appropriate and attractive outlet and also very friendly and helpful staff so the customer may like to visit the store often. It also includes the goods conditions. As we see WH Smith has a big online strategy Funky Pigeon card site. If they fail to deliver their customers goods on time, they may have bad viewpoint against their services and none of the customers like to continue doing shopping with them. When we look at the WH Smith store it all depends on a customer asking for a product or services and getting it to them, in a nother word satisfactory of their shopping in WH Smith. As we see in the scenario it says that Swann plans to open more shops which are stuffed with stock and screaming promotional banners. This is a role of operational management to achieve as it’s based on dependability. It increases the product or service in the market. WH Smith has sold stationary targeting the teenagers and young women and they also started to display sweets at the checkout make customers to purchase them. If they have not been flexible in introducing new lines to their sales they will not be able to achieve success in their business. Swann also cuts down the cost in order to boost her profit margins. These are the importance five performance objectives that underpin operation managements. Task 3 For a good operational planning is very important, this will lead the organizations to know what they have to do next, in order to deliver best services to the customer’s demand. Planning and controlling related to each other. It is essential to consider these methods in an organization like WH Smith as they helps for the effective outcome. Planning helps what to do and when to do in other hand controlling involves making sure that the plans are taken place. The planning and controlling involves cost estimation, work measurement, planning, routine concerns. Based on this scenario we can see that WH Smith has planned how to fulfill the needs of their customers. Kate Swann for example knew that young women and teenagers will purchase their stationeries and mean time the sweet has been display near the counter in order to promote it to their clients. If Kate Swann didn’t think of what customers normally demand, WH Smith may not be able to satisfy their customers. Linear program is a mathematical technique designed to help to plan and make decisions. This will help to maximize or minimize some quantities such as profits or cost. Liner program requires action on what to choose, where Kate Swann need to introduce displaying sweets near the checkout. One of the examples of WH Smith success in applying linear program in operational management is when Kate Swann stops selling music and DVDs to increase the profit margin. For renovating WH Smith shops there are certain tasks need to be planned. The following table is the tasks listed down for the shop renovation. D must follow A G must follow A and F H must follow A, C, D and F I must follow A, C and E J must follow A and D The above network diagram is an for an WH Smith renovation. WH Smith was running with lose until Swann take over to make it a profit. When we look into the operational outcomes we can see clearly that the WH Smith lose of  £135m turned into profit of  £106m. Another example of operational outcome is targeting of displaying sweets at the checkout and also selling stationery aiming teenagers and young women. Quality can defined by the process through which a business seeks to make sure that the product quality is maintained or improved meantime reduces the errors. It requires both management and employees make every effort for perfection. And according to the Scenario it sets an example Kate Swann stops selling music and DVDs and also the checkout assistants attempt to force-feed the chocolates displayed at the checkout areas. Without planning and controlling an organization will be hard to monitor. It is essential to follow the concepts of Operational management in order to achieve success in an organization. Kate Swann’s success is based on how she followed the operation management skills in order to bring the profit to a company which was running in loss. As Kate Swann follows these skill it states in the scenario that she has the ability to make a unpleasant shops to have profit business. Referencing Six Sigma, [Online], Available: http://www.isixsigma.com/implementation/financial-analysis/cost-quality-not-only-failure-costs/ Operations Management, fourth edition,[ Online], Available: http://wps.pearsoned.co.uk/ema_uk_he_slack_opsman_4/17/4472/1144836.cw/ The Guardian,[online], Available: http://www.theguardian.com/business/blog/2013/jan/23/wh-smith-kate-swann-profit Introduction of Operation Management, [Online], Available: http://highered.mcgraw-hill.com/sites/dl/free/0070951675/436573/samplech01.pdf Muhammed Akram Khan, Performance Auditing – The Three ‘E’s, [Online], Available: http://www.asosai.org/journal1988/performance_auditing.htm Operational Planning, Wikipedia, [Online], Available: http://en.wikipedia.org/wiki/Operational_planning Linear Programming, [Online], Available: http://wps.prenhall.com/wps/media/objects/2234/2288589/ModB.pdf Sree Rama Rao, (2009) Operational Planning and control decisions,[Online], Available: http://www.citeman.com/5031-operational-planning-and-control-decisions.html Quality management, Wikipedia, [Online], Available: http://en.wikipedia.org/wiki/Quality_management WH Smith, About WH Smith, [Online], http://www.whsmith.co.uk/fcp/content/Help-AboutUs-AboutWHSmith/content

Haitian Culture: Death and Dying

Haitian Culture: Death and Dying From one of the poorest countries in the world comes one of the most complex and varied religions. Although very different from much of the world, Haitian customs regarding end of life, funeral practices, the dead and the practice of Voodoo has evolved throughout the past several centuries. From the very beginnings of the Island to the present the Haitian people have practiced their own variance of religion unlike any other place in the world. I have been to Haiti many times with my church and find it absolutely heartbreaking. Poverty and lack of any significant healthcare system aided and fueled by a corrupt government begets one of most broken societies in the western world. The last time I was there was the first time in recent history that Voodoo wasnt the national religion. Haiti has always claimed Roman Catholicism officially but until very recently most Haitians practiced voodoo alongside it with no sense of contrast between the two. Although the culture is split between Christianity and Voodoo, most churches dont turn people away who need care if they can provide it. By the same token, those who practice Voodoo do not shy away from health centers in favor of only being treated by the Voodoo priest or witch doctor. However, most hospitals are in the city so for rural Haitians seeing a voodoo healer is the only option. While in our compound in Borel (a rural town about 100 miles north of Port a prince) I could hear the drums of the voodoo ceremonies from beyond our walls, and more than once have seen the Christian funeral processions in the streets. I remember watching the vigils of the folks sitting in the cemeteries and asking my interpreter guide about what was going on at night and about the rituals and about how and why they worked the way they do. In order to accomplish this we must first do our best to understand a little of how Haiti came to exist Haiti is best known to be discovered by Christopher Columbus, but there were many cultures that inhabited the land before his arrival in 1492. The first known settlers were the Ciboneys, who migrated from what is now known as North America in 450 A.D. Then in 900 A.D., the Tainos, who belonged to the Arawak nation, settled in large villages. The Arawak Indians called the land Ayiti, which means land of mountains. Columbus left Spaniards in charge of the land and they became responsible of almost terminating all of the Arawaks This caused the island to be empty for many years until the French colonized the land in the middle of seventeenth century. During Frances reign, Haiti became one of the most prominent countries in the world. Resources such as sugar cane, cotton, cocoa, and coffee became the most important sources to Haitis wealth. These resources became a high demand by European markets and because of the increase in demand, the French needed cheap labor. As other countries did , the French looked towards Africa for slaves and since the slaves were not treated fairly, they soon became Frances downfall. It was during this time that the catholic French began converting the slaves who also held on to their ancient voodoo religion but practiced in secret. Eventually the two became intertwined. The slaves became the most important thing to Haitis economy and future and in the year of 1791, the slaves planned a revolt against the French and became successful. In 1804, the slaves took over Napoleons reign and Haiti became the first independent black nation headed by General Jean-Jacques Dessalines. Dessalines was a poor leader and upon his death the country was split into two, making Haiti and the Dominican Republic. Today, the population is over 5 million and especially after the earthquake is excessively poor and very urbanized. It has constantly struggled economically after winning its independence, has not found an answer to the enormous poverty problems and is highly reliant on aid from other countries. Without a stable government or means of supporting itself Haiti remains at the bottom of economic and political power. The people of Haiti are mainly of African origin and speak either Haitian Creole (a unique dialect of French) or French and are Roman Catholic and Protestant or voodoo worshippers. Voodoo has been the best known feature of Haiti and has gained an image (mostly from Hollywood horror films) of being a country of sorcery and zombies. The religion of voodoo is monotheistic religion in which there a certain classes of spirits and lesser gods all subservient of the one true God. One of the main functions of these lesser gods or Lwa/loah cause or cure illness. Most all of the voodoo ritual is centered upon this one function and is taken as science for most the people of Haiti. Virtually all of the modern medicine practiced in Haiti is centered around the cities and therefore rural Haitians will almost always consult a healer practicing voodoo. The roots of voodoo run deep as does Christianity. None of us would find it strange to find healing through our faith and so it goes for the Haitians. A healer may use such things as putting a knife under a bed to cut pain or tie knot in string to choke out swelling. If the patient suffers from pain he may believe that a spell has been put on him or a curse. If the pain is imagined from the knowledge of someone placing the curse on him the spell to remove it may be just as effe ctive. This where the dolls of the movies come into play. A pin in the head of the doll is meant to relieve the pain not cause it, and a Haitian who believes this process may believe he is healed as a result of the ceremony. Those who practice voodoo do not believe that death is the end of life. Followers of Voodoo believe that each person has a soul and that it contains both the a part of the person and a part of the larger universe When someone dies, the soul stays close to the deceased for seven to nine days. During this time the soul can be captured and used by an evil one and made into a zombie to be enslaved to serve the one who made him. As long as the soul is not captured, a ritual called Nine Night is performed in order to completely release the soul from the body so the soul may live in the dark waters for a period of a year and a day. If this is not done correctly, the soul may have to wander the earth and do harm to others. After three hundred and sixty six days, loved ones of the deceased can initiate the Rite of Reclamation to raise the deceased persons soul essence from the dark waters and put it in a clay jar known as a govi. The clay jar may be placed in a temple or on an altar where the family may come and offer gifts and feed it offer it drink and pay homage to it. and At this time the spirit of the deceased is welcomed to enter a loved one and give them any last words of enlightenment. Sometimes the jar is then broken and the pieces dropped at a crossroads. This completes the purpose of the ritual which is to release the spirit until the final incarnation. In keeping with addressing t The four primary dimensions of coping with dying the physical psychological social and spiritual I will list some other common practices Haitians use in their culture when dealing with those at the end of life. When death is certain, the family will come together and bring with them religious artifacts. They will go to great expense and extremes to be together as it so important to be present if possible at the time of death.. Once they are together they will cry and pray. It is preferable for most Haitians that they die at home surrounded by loved ones. However, hospital deaths are not out of the question. At the moment of death there is ritual wailing and final bath is given. In Haiti the eldest family member takes charge of the funeral arrangements, but the body is kept until everyone can make it home for the funeral. Funerals are extremely signifigant social events and last for several days in which rum is consumed and large amounts of food.during this time family will sleep at the house and friends will stay in the yard. Since most Haitians are reluctant to be buried under ground elaborate multi-chambered tombs are bought which will contain several members or entire families. Since the body must be intact for resurrection at the end of days no organ donations are permitted. Since voodoo lacks any real theology many variations exist. Regional and cultural differences make doing solid research elusive and sparse as what is practiced in one place may or may not be practiced in another. Common beliefs about the afterlife are that there is no reward or punishment there. Spirits can enter or mount a body. At that time the person will not share the same space and becomes possessed by the Loa. Priest both summon and help the spirit leave a body. Drums, dance, and sacrifice are part of all voodoo ritual. In conclusion, Haitians have one of the shortest life expectancies on earth (61 years for adult males), so Haitians are used to living with pain, sickness and death. They are basically a peace loving people seeking hope in a land that that doesnt offer much. Like my own religion and culture the people of Haiti bond by practicing the religion and culture of their parents and ancestors. What some of us find superstitious, exotic and strange when looked at more closely is not so different at all. Practicing religion and doing it as a family and a community brings us closer to an understanding of purpose and meaning whether it is true or not. Without tradition and ritual we have much less in common and much less of a reason to carry on. Purpose to pass on to the next generation keeps going and going strong. Perhaps that is why the modern Haitians continue to exist today.

Pearl Harbor Essay -- Discrimination Japanese Japan Essays

Pearl Harbor During the early 1940’s, World War II was upon the United States of America. After the attack on Pearl Harbor, the U.S. was ready to go to war with The Empire of Japan. During this time, many U.S. citizens grew great hatred toward anyone of Japanese ancestry. People began to become paranoid and treated any Japanese person with great disrespect. All of this started with the Japanese attack on Pearl Harbor. After the attack, many Japanese people were sent to concentration camps. Many of them were either put in jail because of their race, or just because they refused to go to the concentration camps. This also happened in David Guterson’s fiction book, Snow Falling on Cedars. After the attack on Pearl Harbor, Japanese citizens were looked upon as traders, taken to concentration camps, and many were accused of crimes that they did not commit. Pearl Harbor is on the island of O’ahu in Hawaii. At approximately 8:00 A.M., on December 7, 1941, the Empire of Japan attacked the United States of America. Admiral Isoroku Yamamoto orchestrated this surprise attack. Three hundred and fifty-three Japanese aircraft attacked Pearl Harbor, led by Commander Mitsuo Fuchida. (Pearl Harbor Remembered) Before this, no formal declaration of war had been announced. Nearly 100 U.S. ships were in the harbor the morning of the attack consisting of battleships, destroyers, cruisers, and other support ships. (Pearl Harbor Remembered) Fortunately, over half the U.S. Pacific fleet was out to sea. During the same time, the Japanese also attacked Hickam Field. Eighteen Army Aircraft were destroyed or damaged as they set on the runways. (Pearl Harbor Remembered) These aircraft included bombers, fighter planes, and attack bo... ...es and make fun of them since the US was at war with Japan. Many people were also paranoid of the Japanese and accused them of being spies and even forced them to live in concentration camps. Finally, some Japanese citizens were even accused of crimes only because of their Japanese ancestry. Work Cited Guterson, David. Snow Falling on Cedars. New York: Harcourt Brace & Company,1994. Michalowski, Mark. "Concentration Camps." Online posting. May 1997. America's Concentration Camps. 4/17/01. <http://www.ionaprep.pvt.k12.ny.us/projects/intrnmnt/intrnmnt.htm>. Unknown. "Landmark Race." Online posting. 1944. Korematsu v. US. 4/17/01. <http://lawbooksusa.com/cconlaw/korematsuvus.htm Unknown. "Pearl Harbor." Online posting. March 30, 2001. Pearl Harbor: Remembered. 4/17/01. <http://www.execpc.com/~dschaaf/overview.html>. Pearl Harbor Essay -- Discrimination Japanese Japan Essays Pearl Harbor During the early 1940’s, World War II was upon the United States of America. After the attack on Pearl Harbor, the U.S. was ready to go to war with The Empire of Japan. During this time, many U.S. citizens grew great hatred toward anyone of Japanese ancestry. People began to become paranoid and treated any Japanese person with great disrespect. All of this started with the Japanese attack on Pearl Harbor. After the attack, many Japanese people were sent to concentration camps. Many of them were either put in jail because of their race, or just because they refused to go to the concentration camps. This also happened in David Guterson’s fiction book, Snow Falling on Cedars. After the attack on Pearl Harbor, Japanese citizens were looked upon as traders, taken to concentration camps, and many were accused of crimes that they did not commit. Pearl Harbor is on the island of O’ahu in Hawaii. At approximately 8:00 A.M., on December 7, 1941, the Empire of Japan attacked the United States of America. Admiral Isoroku Yamamoto orchestrated this surprise attack. Three hundred and fifty-three Japanese aircraft attacked Pearl Harbor, led by Commander Mitsuo Fuchida. (Pearl Harbor Remembered) Before this, no formal declaration of war had been announced. Nearly 100 U.S. ships were in the harbor the morning of the attack consisting of battleships, destroyers, cruisers, and other support ships. (Pearl Harbor Remembered) Fortunately, over half the U.S. Pacific fleet was out to sea. During the same time, the Japanese also attacked Hickam Field. Eighteen Army Aircraft were destroyed or damaged as they set on the runways. (Pearl Harbor Remembered) These aircraft included bombers, fighter planes, and attack bo... ...es and make fun of them since the US was at war with Japan. Many people were also paranoid of the Japanese and accused them of being spies and even forced them to live in concentration camps. Finally, some Japanese citizens were even accused of crimes only because of their Japanese ancestry. Work Cited Guterson, David. Snow Falling on Cedars. New York: Harcourt Brace & Company,1994. Michalowski, Mark. "Concentration Camps." Online posting. May 1997. America's Concentration Camps. 4/17/01. <http://www.ionaprep.pvt.k12.ny.us/projects/intrnmnt/intrnmnt.htm>. Unknown. "Landmark Race." Online posting. 1944. Korematsu v. US. 4/17/01. <http://lawbooksusa.com/cconlaw/korematsuvus.htm Unknown. "Pearl Harbor." Online posting. March 30, 2001. Pearl Harbor: Remembered. 4/17/01. <http://www.execpc.com/~dschaaf/overview.html>.

Dumping of Steel Essay -- GCSE Business Marketing Coursework

Dumping of Steel INTRODUCTION Foreign steel producers plague the U.S. steel industry with unfair competitive practices. This practice is referred to as "dumping". Dumping of foreign steel has been a problem throughout the history of the U.S. steel industry. In the 1990s dumping has become more of a problem, due to the breakdown of the Russian economy and its transition from Capitalism to a free-market economy. According to Microsoft Encarta 98 (1998), Free-Market Economy, is an economic system in which individuals, rather than government, make the majority of decisions regarding economic activities and transactions. In addition, the Asian financial crisis has led to another round of dumping into the U.S. markets by many Asian countries. The effects of dumping have a positive as well as a negative impact on the health of the overall U.S. economy. On the positive side, steel-using industries enjoy lower prices for steel used in the manufacture of their products. Turning to the negative side, the U.S. steel industry has suffered tremendously through layoffs and a collapse of a number of steel makers. Should the U.S. Government provide protection against dumping? The debate on protectionism has gone on for years. Protection of one industry by the U.S. Government has come at the cost of another including the U.S. consumer. BREIF HISTORY OF THE STEEL INDUSTRY The steel industry grew out of the need for stronger and more easily produced metals. During the last half of the 19th century, many technological advances in steelmaking played an important role in creating modern economies. These economies depended on the steel industry to supply rails, autos, girders, bridges, and many other steel products. Iron making can be traced as far back as 3,500 b.c. in Armenia. The Bessemer process, created independently by Henry Bessemer in England and William Kelly in the United States during the 1850s, allowed the mass production of low-cost steel; the open hearth process, first introduced in the United States in 1888, made it easier to use domestic iron ores. By the 1880s, the growing demand for steel rails made the United States the world's largest producer. The open-hearth process dominated the steel industry between 1910 and 1960, when it converted to the oxygen process, which produces steel faster, and the electric furnace process, which ma. .. ...ll suffer. Knight-Ridder/Tribune News Service pK5688 [online] Available: http://web2.infotrac.galegroup.com Electronic Collection: A53242589. (2000, January 31). Grow, R. J. (April 1998). Asian storm clouds hover over U.S. steelmakers. New Steel v14 n4 p108. [online] Available: http://web2.infotrac.galegroup.com Electronic Collection: A20772048 (2000, January 31). Kelly, N. E. (June 3,1999). US steel industry targets 12 for dumping cold-rolled. American Metal Market v107 i106 p1. [online] Available: http://web2.infotrac.galegroup.com Electronic Collection: A54826127 (2000, January 31). Morrissey, B. (May 3, 1999). Protectionist clouds on the horizon. Knight-Ridder/Tribune News Service pK5956 [online] Available: http://web2.infotrac.galegroup.com Electronic Collection: A54535315. (2000, January 31). Robertson, S. (November 17 1998). Mills said to get dumped steel. American Metal Market p1. [online] Available: http://web2.infotrac.galegroup.com Electronic Collection: A53251895 Steel industry. (1993). The Columbia Encyclopedia (Edition 5, 1993 p.35209). [Online]. Available: http://web2.infotrac.galegroup.com Electronic Collection: A17561597. (2000, January 30).

Plot of Pride and Prejudice :: essays research papers

Mrs. Bennet is anxious to have her five daughters marry into well houses. When a rich single, man Charles Bingley, arrives nearby, she urges her husband to get to know him. The Bennets go to a ball in a town called Meryton, and are introduced to Charles Bingley. Everyone likes him but his friend, Fitzwilliam Darcy is found to be arrogant. Mr. Darcy doesn’t dance with anyone outside his â€Å"group,† and he says that Elizabeth Bennet is attractive, but not enough to tempt him. Mr. Bingley starts to admire Jane Bennet and his love deepens to the extent that Jane’s sisters and Mr. Darcy get concerned. Mr. Darcy is repelled by the family’s lower status and an embarrassing family. Mr. Darcy, however, still becomes interested in Elizabeth’s good-spirited character, and Mr. Bingley’s jealous disapproval do nothing to lessen Mr. Darcy’s interest. Caroline asks Jane to come to Netherfield. On the way there, Jane catches a cold and is forced to stay. Mrs. Bennet loves this information because she will use any means to push her daughter onto Mr. Bingley. Jane’s condition worsens, and Elizabeth goes to Netherfield instead. Her concern for her sister and her intellect interest Mr. Darcy even more, but he is afraid of falling in love with someone who is so much poorer. Mr. Bennet’s estate at Longbourn is supposed to go to Mr. Collins, a clergyman, because Mr. Bennet doesn’t have a son and Mr. Collins is the nearest male relative. Mr. Bennet sends his cousin on a chore to Meryton with his daughters. There they meet George Wickham, a handsome militia officer. At an evening party, Wickham tells Elizabeth his life story. Wickham’s story makes Darcy look arrogant and cruel, and Elizabeth start to have a prejudice against Mr. Darcy from then on. At another ball, Elizabeth resents Wickham’s absence. Later on she is also embarrassed by her family. Mrs. Bennet refuses to stop talking about what a good couple Jane and Mr. Bingley will make. On the other hand, Mary Bennet bores the whole company by trying to play the piano. Mr. Collins, suddenly, proposes to Elizabeth at the ball and she rejects. Mr. Collins doesn’t believe that Elizabeth is intently refusing him, but after Mr. and Mrs. Bennet explain it to him, he seems to understand. The whole Bingley party, all of a sudden, leaves Netherfield to go to London. Caroline Bingley writes to Jane that they don’t mean to return for the whole winter, and she tells her what a good couple Georgiana Darcy and Mr.

Mary Street by Peter Skrzynecki Essay

He emigrated to Australia in 1949 with his parents. Most of Skrzynecki’s poems are about his life and the change that he has experienced from moving to a different country. In 1951 the family moved to Sydney, to the working-class suburb of Regents Park, where a home had been purchased at 10 Mary Street. The poem â€Å"10 Mary Street† represents change as it shows the comparison between Skrzynecki’s life in Poland and his new life in Sydney and how he and his family have had to adapted to their new way of life and how the physical change of moving countries has changed them emotionally. Change is present in this poem as the poet uses the simile â€Å"Shut the house; like a well-oiled lock† to appreciate the order of daily ritual when departing in the morning. It indicates that the house is secure and protects the family. The simile â€Å"like adopted children† shows that the garden is not like any other garden to them. The language techniques that Skrzynecki uses in this poem are used to great effect and create a level of connection between the reader and Skrzynecki’s and how his life was. Some of the techniques used are: Similies: A simile is a figure of speech involving the comparison of one thing with another of a different kind, as an illustration or ornament, the effect that a simile has in a poem is that it paints a picture in our minds as a simile is a descriptive set of words e. g. â€Å"And smoked like a dozen Puffing Billies† Personification: A figure of speech that gives human qualities to abstract ideas, animals, and inanimate objects. It affects the reader by creating empathy, and allows the reader to associate with the poem and the message in it e. g. â€Å"In its china blue coat†

Criteria for Capital Lease

A ope regularize is an conformity for the purchase of summations whereby a person or alliance purchases assets through financing from other party which whitethorn be the manufacturer or direct owner of the asset or around financial intromission such as a bank. consume is withal a conduct agreement whereby a person or company agrees to rent an asset for a certain breaker point of time. The party renting or acquire these assets is know as a lessee. The bring agreement with respect to a lessee is categorise into two categories which atomic number 18 great pick out and direct call for.The rent agreement is ordinarily known as operating lock whereas the purchase agreement is normally known as non-operating use up or expectant learn. Though the purchase agreements are usually known as capital aims some other conditions have to be met for the prosecute to be classified as a capital countenance. A lease support be classified as a capital lease if it is non-canc elable and meets one of the quartette following criteria1. At the end of a lease agreement the ownership of the leased asset is transferred effectively from the lessor to the lessee.2. There may be a provision for a purchase of the leased asset by the lessee at a price scorn than the market value of the asset at the end of the lease agreement.3. The time era of the lease agreement is greater than or equal to 75 percent of victor life of the asset.4. The present value of the inwardness lease payments should be greater than or equal to 90 percent of the clean value of the asset (Brigham & Ehrhardt, 2001).One of the criteria for classifying a lease is the factor of present value of lease payments. This calculation is based on the discounting rate of the company which is an estimate and non an veridical rate. The rate is estimated based on the close period lease payments or the positive lease payments either using a constant rate or a declining rate.The present set calculated at a pass up place the different assumptions may yield change present values. As the present values calculated are based on assumptions and do not reflect the unfeigned values it would be difficult to oppose the present value of the minimum lease payments with the fair value of the asset (White, Sondhi, & Fried, 2002).Operating Lease or Capital LeaseThe classification of lease as operating or non-operating affects the persistent term liabilities and the shareholders equity of the firm. The difference in the liabilities and shareholders equity entails a difference in the debt/equity ratio of a firm. If the company classifies the lease as capital lease it would result in a level take in income than the income reported with operating lease.The lease payments under operating lease are included in operating expenses and are not included in the liabilities component of the balance sheet. Operating lease is not shown on the balance sheet as a liability and results in a higher pro fit income thus companies would select to classify the lease as an operating lease to reflect higher net income and a lower debt/equity ratio. If the company chooses to record the lease as capital lease the lease payments would reduce the list of net income and the total amount of lease will be included in the noncurrent liabilities.A decrease in net income would mean a decrease in retained earnings and eventually a lower shareholders equity with higher semipermanent debts which would increase the debt/equity ratio of the company. The companies would choose to classify leases as operating leases to value from the higher net income and a lower debt/equity ratio (Damodaran, 2005).References Brigham, E., & Ehrhardt, M. (2001). Financial focus Theory and Practice 11th Edition. Cincinnati South-Western educational Publishing.Damodaran, A. (2005, February 2). Operating Versus Capital Leases. Retrieved July 7, 2009, from Pages.stern.nyu.edu http//pages.stern.nyu.edu/adamodar/New_Home_P age/AccPrimer/lease.htmWhite, G. I., Sondhi, A. C., & Fried, D. (2002). The Analysis and accustom of Financial Statements. New Jersey outhouse Wiley & Sons, Inc.

Only the Strong Survive

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

The price and value of the investments referred to in this report and the income from them may go down as well as up, and institutional investors may realize losses on any investments. Past performance is not a guide to future performance. Future returns are not guaranteed, and a great loss of original capital may occur. Daewoo Securities Research 16 January 17, 2013 Shipbuilding Distribution United Kingdom: This report is being distributed by Daewoo Securities (Europe) Ltd.S. by Daewoo Securities (America) Inc. , a member of FINRA/SIPC, and is only intended for major institutional investors as defined in Rule 15a-6(b)(4) under the U. S.Any U. S. recipient of this document wishing to effect a transaction in any securities discussed herein should contact and same place orders with Daewoo Securities (America) Inc. , which accepts responsibility for the contents of this report in the U.S. or to U. S. ersons absent registration or an applicable exemption from the registration requi rements.