Sports in America

Sports in America In his essay Sports in America, James Michener argues that the role of sports in contemporary society has often been misconstrued by mass media and that there is very little understanding of the goals that sports should attain. This is the main thesis that the writer advances.Advertising We will write a custom essay sample on Sports in America specifically for you for only $16.05 $11/page Learn More In particular, he believes that reporters often overestimate the importance of athletic activities for the formation of a person’s character. Moreover, they should not assume that they can always help a person escape the dangers of a ghetto life. These are some of the main points that he makes. The main purpose of this essay is to make policy-makers, teachers, and parents to re-evaluate their views on sports. In order to elaborate his opinions, the author creates a very elaborate structure of the essay. First of all, he identifies the main objective of spo rts such as the promotion of healthy lifestyles and entertainment of individuals and the public. Secondly, the author identifies a set of stereotypes about sports and attempts to debunk them. For example, the writer focuses on the idea that athletic activities can develop the leadership skills of an individual. In the author’s opinion, good leadership of these people can be explained primarily by their self-discipline and intelligence (Michener 1031). Additionally, James Michener discusses various books that can give readers a better idea about the role of sports. Finally, the writer identifies the main problems that are associated with sports nowadays (Michener 1033). Overall, this structure helps the author to elaborate his ideas. It should be taken into consideration that James Michener does not directly identify the main readers of his essay. As it has been said before, this work is primarily intended for policy-makers, parents, educators and administrators of colleges or universities who may consider the ideas of the author. First of all, the writer uses a balanced and tentative tone that can appeal to these people. Moreover, the issues discussed by James Michener are related to the investment in sports and recreational infrastructure such as stadiums, the education of students, and the policies of the state. Thus, this essay is supposed to change the opinions of people take important decisions regarding the education of children or adolescents. It is also important to speak about the style and tone of this paper. One can say that the writer avoids the use of categorical statements. Instead, he attempts to create well-constructed arguments that are based on certain evidence or at least logical reasoning. Secondly, James Michener uses bullet points in order to better identify the main points of his essay (Michener 1033).Advertising Looking for essay on rhetoric? Let's see if we can help you! Get your first paper with 15% OFF Learn Mo re The author uses different types of sentences that include approximately fifteen or seventeen words. On the whole, one can say that his style, tone and word choice are quite clear. This is the main strength of his essay. Overall, this essay can be viewed as a great example of formal writing when the author has to put a well-developed argument. Moreover, this work shows how the writer can make a claim that may not necessarily appeal to the readers. To some extent, the author’s reasoning appears to be quite convincing. However, one should take into account that James Michener does not refer to any empirical studies that confirm his arguments. This is the main limitation of this essay. Nevertheless, it should be considered by policy-makers and educators. Michener, James. â€Å"Sports in America.† Literature for Composition: Essays, Stories,  Poems, and Plays. Ed. Sylvan Barnet. New York: Pearson Education, 2010. 1028-1034. Print.

Working Management and Dividend Policy Assignment

Working Management and Dividend Policy - Assignment Example The two most significant theories dealing with this subject, as explained by Brealey and Myers, are that of Miller and Modigliani (MM), and the traditionalist view. According to the theory proposed by MM, the capital structure of the firm has no relevance to determining the value of the firm. So, they opine that there is no difference in the value of stock between geared and ungeared firms. Gearing does not affect the value of a firm, whether positively or negatively. The payment of dividend also is not necessarily required to be done on a regular basis, since it does not have any effect on the value of the share price. MM have proved that capital structure can be irrelevant even when debt is risky. (Brealey and Myers 469) Thus, MM propose that financial leverage or gearing does not affect shareholders wealth. And secondly, that the rate of return on shares increases as the firm's debt-equity ratio increases (pp. 473). But, this increase is exactly offset by increased risk and hence, the required rate of return, which nullifies the increase in returns. A "traditionalist" view has emerged in response to MM's proposals regarding geared equity. The traditionalists believe that personal borrowing is more expensive, risky and inconvenient to investors, so they are willing to pay a premium for shares in moderately geared firms. Consequently, they believe that firms should borrow to "realise" this premium. (Brealey and Myers 782) According to this view, up to a certain point of gearing, the Weighted Average Cost of Capital (WACC) decreases, and after this point WACC increases. The point where WACC is minimum is the optimal point of gearing, where shareholders' wealth is maximised or price per share is highest. (McLaney 231) MM rejected this view and opined that WACC is impervious to level of gearing. Wacc and the value of a firm only depend on (1) the cash flows generated by the investments of the firm, and (2) their business risk. (pp 234) They see a world without taxes or bankruptcy costs. McLaney observed that a large proportion of firms do go for some level of capital gearing, while very high levels of gearing are very rare. Thus, managers do believe that gearing lowers WACC, but not at very high gearing levels. Empirical evidence shows that "firms with safe, tangible assets and plenty of taxable income have higher debt to equity ratios than an unprofitable business with intangible assets." (Warner 1976, and Altman 1984 qtd. in Soderlund and Ostermark) The pecking orders theory by Myers (1987) gives a conflicting view. It explains that some profitable firms borrow less as they have less requirement of outside money. Kjellman and Hansen (1993) have found that Finnish financial managers seek to maintain a constant debt to equity ratio. (qtd. in Soderlund and Ostermark) Soderlund and Ostermark have found that there are less dividend payouts when interest payments are high, since funds are channeled more towards creditors. There is a tradeoff between dividends and investments also. A tradeoff is also seen between dividends and net income. "When maximising net income, the model minimises dividends and prefers investments." (Soderlund and Oste

Socialization Research Paper Example | Topics and Well Written Essays - 1000 words

Socialization - Research Paper Example For others, there is just a willingness ‘to care for others’ (Calabrese 2004, p.21) without necessarily to focus on healing people. Emphasis should be given on the following fact: through the years, nurses tend to forget why they had become a nurse in the first instance (Calabrese 2004, p.21). It is assumed that the responsibilities of the particular role are many leading people to feel stressed and to feel less motivated towards nursing. Swansburg (1996) uses a different explanation for describing the willingness of people to become a nurse. According to Swansburg (1996) people are attracted to nursing just because of the challenges of the particular role (p.447). It is noted that through nursing people are given the chance ‘to realize their potentials’ (Swansburg 1996, p.447). It is implied that nursing is quite demanding, as a role, and requires people to put all their efforts in order to face the role’s daily challenges. At the same time, nursing offers people the opportunity ‘to show their creativity’ (Swansburg 1996, p.447). This is achieved by taking initiatives for facing emergent problems but also for managing cases that are quite complex and where there are no standardized solutions. In addition, nursing can be quite attractive to people that aim to communicate and cooperate with others (Swansburg 1996, p.447). A successful nurse needs to have high communication and cooperation skills, as the effective management of a case usually requires the use of plans that need to be supported by medical practitioners in different positions; for example, a patient who is severely traumatized due to an accident needs at the first level the support of the emergency medical staff, at least one medical practitioner and one nurse; at the next level, the patient will need a highly skilled surgeon supported by a team of appropriately trained nurses. When recovering, the patient will need the support of a nurse who will assis t the patient when developing the recovery program. Nurses have a critical role in arranging the above activities ensuring that all phases of a treatment plan are precisely followed so that the cases for failures are minimized (Swansburg 1996, p.447). From another point of view, Swansburg (1996) notes that people are likely to enter nursing only because they need to feel as members of a family (p.447). According to the above view, nursing can offer to people the sense of love and care, not only towards others but also towards themselves (Swansburg 1996, p.447). One of the most critical conditions for entering nursing seems to be the gender (Newell 2003, p.2). In fact, it seems that nursing is primarily a ‘female profession’ (Newell 2003, p.2), meaning that women are much more likely to be attracting to this profession compared to men. In any case, caring for others seems to be the key reason leading people to become a nurse (Newell 2003, p.4). The term caring in the abo ve case has many aspects. It can refer to the support provided to others in regard to a health problem (Newell 2003, p.4). Caring can also reflect the need of people ‘to connect with other human beings’ (Newell 2003, p.4). It should be also noted that caring, as a reason for entering nursing, has many implications. Taking risks in behalf of others is a critical aspect of caring in nursing (Newell 2003, p.4

Breaking the Norm Essay Example for Free

Breaking the Norm Essay A norm is something that is usual, typical, or standard of something in society. Some examples of a norm are going to school, taking a bath, sleeping at night, wearing clothes in public, and eating breakfast lunch and dinner. All those things are stuff we do in our everyday lives and don’t think about it, we just do it because it is normal and it has been taught to us since we have been very little. If you end up breaking the norm though, people will look at you differently and you could really stand out from everyone around you. I am going to challenge this and break the norm to see what other people do and think around me. What I am going to do to break the norm is go to the grocery store with my mom and instead of walking everywhere, I am going to skip. I am going to start skipping right when I get out of the car into the parking lot until the time I get back in the car after shopping. I am even going to skip when I am standing in the checkout line. When I do this I think people are going to give me really weird looks and look annoyed that I am skipping everywhere. I also think my mom is going to feel embarrassed to walk with me. When I broke the norm by skipping everywhere in the grocery store I got the weirdest looks from people, but some people smiled and laughed. I did not tell my mom that I was going to do this and I did not tell her that this was a project. At first my mom laughed, but then she got really annoyed and yelled at me and told me to stop but I didn’t listen to her and kept going. At one point she tried walking in front of me because she didn’t want to be seen with me. All the other people just stared at me with weird faces on and when I would look back I could see them laughing and talking about me. At first when I got out of the car I felt kind of embarrassed to do this because it is not the normal thing to do. As I proceeded to do it though it got easier and I knew I was going to be right about all the people looking at me with weird looks and my mom being annoyed of me and embarrassed to be with me. The lady in the checkout line looked very confused and uncomfortable when I was just skipping in place; she looked like she didn’t know what to do. I just kept skipping though and minding my own business and acting like nothing was wrong. People in today’s society do normal things every single day. When we see someone breaking the norm, like I did, you think twice about that person and wonder what they are thinking. If Americans see someone from another country wearing a turban, or seeing the Chinese foot binding, or seeing different tribes from Africa putting copper rings around the girls necks to make them longer we tend to judge them and wonder what they were thinking. Other Countries could think we are different and not normal too when they see us with mohawks or tattoos or piercings. Those things are normal to us but not normal to other people. When you break the norm you get a really good feel on how everyone does the normal things every day and doesn’t think twice about it until you see someone else breaking the norm.

Case Study of Warren E. Buffet :: Business Management Studies

Case Study of Warren E. Buffet In 1995 Berkshire Hathaway has made a bid for the shares of GEICO. This report reviews the offer made by Warren Buffet and will try to prove that the acquisition of GEICO will serve the long-term goal of Berkshire Hathaway and the bid price was appropriate. Furthermore, it will explain what may have caused for the share price increase for Berkshire Hathaway at the announcement of GEICO’s acquisition. Would the GEICO acquisition serve the long-term goals of Berkshire Hathaway? In 1976, Warren Buffet paid $45.7 million for 34.25 shares of GEICO. Review of GEICO’s historical dividends shows that GEICO has been a very profitable investment for Berkshire Hathaway. The growth rate for 1994 is a sharp increase, but even if the growth rate for 1994 is not considered, GEICO’s historical increase in dividends has been considerably high so that acquisition of GEICO will serve the long-term goals of Berkshire Hathaway. What might account for the share price increase for Berkshire Hathaway at the announcement? Review of Warren Buffet’s historical investment success might explain the increase in share price for Berkshire Hathaway at the announcement. Given that he has had a good track record, it is expected that shareholders respond positively. In 1977, the price of Berkshire Hathaway was $89 closing at $25,400 by 1995, an unparalleled annual growth of 37.7%. In comparison, the growth rate of the S&P 500 over the same period was 14.3%. Warren Buffet’s formidable investment performance was also demonstrated when Berkshire Hathaway acquired Scott & Fetzer. Berkshire Hathaway paid $315 million for Scott & Fetzer in 1985 after which they received significant dividends. Again, Buffet’s investment performance on the acquisition of Scott & Fetzer outperformed the S&P 500 evident by an internal rate of return (IRR) of 26.4% including the 1994 cash flow or 14.9% without 1994 cash flow on the Scott & Fetzer investment. Clearly, Warren Buffet’s positive investment performance carried a significant weight and influences the market to have a more optimistic outlook on his investments. Conversely, his historical records of investment success do add value to shareholders trust. Was the bid price appropriate? GEICO Corp was selling for $55.75 at the time Warren Buffet and Berkshire Hathaway made an offer of $70 including a 26% premium over the current GEICO stock price. One would expect that what appeared to be an overprice bid would lead to a negative market reaction. On the contrary, Berkshire Hathaway’s shares closed up 2.4% for the day for a gain in market value of $718 million after the announcement. The gain’s effect was twofold – it increased the value of GEICO shares (34.25 million) Berkshire Hathaway already owned and it also made the

Sop Biomedical Engineering

The wonders that science and technology have unfolded before us are not limited to time and space . My aim in life is to accumulate this diverse knowledge from all over the world. With this cherished goal in my mind, I wish to state in the following paragraphs, my viewpoints and the rational behind my application to the graduate studies program in Bio-Medical Instrumentation at **** university. Throughout my ten years of school life and two years of high school study, I have maintained a consistent and good academic record and was always amongst the top five of my class.Coming to extra-curricular activities, I was the head sports captain for girls and also participated in the state level U. N. Celebrations. Aspiring for the best undergraduate course that all good science students do and also influenced bythe fact that I come from a family of engineers and scientists-I appeared for the EAMCET ( Engineering and Medical Common Entrance Test)and opted for Instrumentation and Control Engi neering at ***** College, affiliated to JNTU , Hyderabad in Andhra Pradesh.During my undergraduate years I could learn the fundamentals in Transducers and Instrumentation Components, Electrical and Electronic measurements, Electronic Equipment design, Analytical Instrumentation, Process Control Instrumentation, Power plant Instrumentation , Digital and optimal Control Systems. I observed on various occasions , especially in transducers and instrumentation components which is a vast subject, that there existed a wide enough rift between learning and practical implementation.While the undergraduate courses enable a student to grasp the fundamentals involved in a particular discipline of engineering, they do not present the opportunity to learn the ropes with new technologies that are current within the industry. Specialization becomes a necessity to understand new technologies and to improve upon the existing ones. It is to achieve this sophistication that I set out to pursue my post- graduate (M. S. ) studies in Bio-Medical Instrumentation.During my third year holidays I have done a project on  Computerized  respiration analysis  through embedded systems, a part of Bio-Medical instrumentation, one of the electives in the final year. This short stint has given me invaluable practical experience. It has given me the confidence to pursue a master’s degree and also kindled a desire to do research. The undergraduate course in Instrumentation and Control Engineering and with the advice of widely respected teachers at the college has given me the motivation to pursue a career in Bio-medical Instrumentation .The sharing of ideas and new findings has always been a part of my undergraduate life. Presentations and seminars were a perfect opportunity for me to explore beyond the syllabus and were instrumental in giving me a competitive edge over my peers. I relish a chance to indulge my creative side and gaining a deeper understanding of my work in process of p resentations. I enjoy diving into a flood of data, picking out relevant information and delivering it all to an appreciative audience! In second year of my under-graduation I got a chance to present a paper at national-level on the topic  Robotics.The dynamic nature of scientific research was revealed to me as I worked on my presentation. Often new theories were replaced by old ones so fast that I was updating my work right up till the morning I had to present. By this experience I could learn that before beginning the first robotics project, prospective robotic hobbyist and robotic sports enthusiasts must have a basic understanding of the field of robotics and the issues surrounding robotic systems, including mechanical design, sensory systems, electronic control and software.A basic understanding of micro-controller systems including serial and memory-mapped interfacing, as well as some available open source software options should also be high on the list. Quest for knowledge n eeds considerable persistence and an unquenchable desire to learn. Whatever I have achieved till now can be attributed to my diligence and perseverance, which I have learned from my close knit family and culture. With the same indefatigable spirit, I am ready to utilize and direct all my physical and mental abilities to achieve the same in my future studies and research work.I believe the field of instrumentation offered so immense a potential that given me an opportunity to opt for Bio-Medical Instrumentation, I would be interested to work in the area of bio-medical instrumentation which deals with its development. I bring along a strong grasp of fundamentals, an aptitude for teaching and team work, a zest for challenges and an enthusiastic desire to learn all I can. In addition I would like to take with me a network of strong and lasting relationships that I maintain with my teachers and fellow students.I hope that my qualifications and background are found suitable for MS in Bio- Medical Instrumentation at ******* university. Having been enlightened by many professors and several graduating seniors about the rigorous course work besides possessing state-of-the-art research facilities, I had no dilemma in choosing **** university as my dream university for pursuing my graduate studies. I am sure that *** university with dynamic faculty, well equipped laboratories and world renowned graduate programs would definitely help me in achieving my goals and contribute something of my own in my field of interest.I believe that with my capacity for hardwork, commendable logic and dedication to achieve my goals, I will be able to do very well in my Graduate course. I aver that I take it as a challenge and spare no effort of mine in utilizing the resources available at your university. I am sure that you will share my confidence and give me an opportunity to continue with my further studies at your esteemed university.

The Way Jews Were Treated During the Holocaust Essay

The way that Jews were treated during the Holocaust was harshful and crule to do to humans. The reason that the whole Holocaust started was with a man name Hitler and how he rose to power. Hilter had a horrible back story, when Hitler was very young and his twin brother died. While he grew up his father would offen harm Hilter in some way. The thing that many people doesnt know about Hitler is that he didnt grow up in Germany, but born in a a near by county. Hilter had a active liking for the arts and he adored to draw and paint, but his father disapproved of him drawing. He applied to an art school, but was turned down. Hilter then became more interseted in politices. Then he set up a team called the Nazi party and they tried to†¦show more content†¦Many Jews couldnt marry non-Jews, so if they already was married they would have to either become a Jew or they could leave there spouse and kids behind. Jews could have nothing to do with non-Jews and most of them in trouble fo r even talking to them. Jews were kicked out of there school and they had to do to Jewish schools. Also they werent allowed out of the house at a certain time in the morning and at night. There was also many other groups that got suck in the undesirbale list such a homosexuals and gypies, but Jewish was the biggest group affected. When the war started, there was many other countries teaming up with eath othere getting ready for war. Germany made allies with Italy, and Japan. They made a plan that was called the Tripacti Pack. It said that all three countries would help eachother out with poltical, millitary, and safety from other countries. They thought the pack was so good that they could renew it again in another 10 years. Another pack was signed and that was the allie power, it consited of Russia, Great Brittian, and the United States of America. When the United States of America desied not to allow as much meterials to send to Japan to be an equal partner in the Tripart Pack, so Japaned bomped Pearl Hapar they thought that it could keep the United States out of the war. The allies power entered the war and that changed the side of who was winning the war. Then the United States of America made a plan to haveShow MoreRelatedWhat Was It Like To Live In The Time During The Holocaust?1247 Words   |  5 Page sWhat was it like to live in the time during the holocaust? What made the holocaust so revolutionary? Nazi leader, Adolf Hitler had a masterplan to eliminate the jews in Germany, the Nazis became powerful in a way that they saw the Jews as inferior. Through 1933 till 1945, roughly more than 11 million people were murdered. During the holocaust 1/3 of all Jewish people alive were persecuted. They created transit, concentration camps to monitor the Jews during the war. The concentration camps took awayRead MoreThe Holocaust1225 Words   |  5 PagesEnglish 2 8 May 2014 The Holocaust The Holocaust was one of the world’s darkest hours, a mass murder conducted in the shadows of the world’s most deadly war.  The Holocaust also known as Shoah, means a systematic, bureaucratic, state-sponsored persecution and murder of approximately six million Jews during the WWII by German Nazi. Adolf Hitler the leader of Nazis, who afraid Jews would take power over Germans; also, many Germans felt they were mistreated by the lost so Jews were like a scapegoat fromRead MoreThe Yellow Star853 Words   |  4 PagesCxxxxxx Mxx. Pxxxxx English 9 22 March 2013 The Yellow Star Jews were not much different from other citizens in the 1930s. They were teachers, doctors, farmers, and factory workers. Their social status ranged from wealthy to poor. Their children attended school, learned a trade, or continued on to college for a degree. 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Reading these booksRead MoreHow Jews Were Treated During Europe During The Second World War1187 Words   |  5 Pages 1.Outline the main storyline in 100-150 words. The holocaust was the slaughtering of approximately 6 million Jews between January 30, 1933 and May 8, 1945. During this time Oskar Schindler, Nazi businessman and former spy, started a factory originally to make money but soon turned into a plot to save Jews from being murdered by the Nazi Party. Schindler saved and accommodated for around 1100 Jewish people, spending all his money to both keep Nazi officers quiet and look after the Jewish people.