Othello, By William Shakespeare - 1178 Words

The terminal figure of kindship in this play are profitable in condition of good and immorality. Othello is presented as good and Iago as evil, but Iago and Othello’s relationship also shares a distrust of their wives. The overall logical argument is based on love, jealousy and betrayal between two lovers that ultimately leads to their separation because of Iago’s evil plan. I am using this article to agree with Berry s view on how Iago separates two lovers just so he can take retaliation on Othello by manipulating everyone to unmasking their true intentions. He knows how to ask the right questions and say the right thing to achieve his desired consequence such as playacting with Othello’s mind about his wife committing adultery. Draper, John W. Honest Iago. Publications of the Modern Language Association of America (1931): 724-737. Print. 27 March 2016. Draper argues in his article how Iago’s actions and speeches appear to give him such wickedness behavior, and yield the incrimination off a villain who is very nearly a scapegoat, and spreads that blame evenly among the other characters. He is not as the interesting Machiavel, instead he is the master-mind that foresees and delays and so foreordains the actions of his comrade. I am using Draper s article because I completely agree about the fact that Iago is a master in asking the right questions to say the right things. Iago is shown as a person who takes advantage of every opportunity and who cleverly understandShow MoreRelatedOthello, By William Shakespeare957 Words   |  4 Pagesinnocent person kills himself while not knowing the truth. The best example of that would be the play Othello by the great William Shakespeare. As little as a handkerchief could make a difference if it is a symbol for something. In the play Othello by Shakespeare, handkerchief is first introduced by Othello to his beautiful mistress, Desdemona, as a sign of their love. At the end of the play what gets Othello to take extreme measures by the location of the handkerchief. As the symbol of the handkerchiefRead MoreOthello, By William Shakespeare1599 Words   |  7 Pages William Shakespeare’s 16th century play Othello is a duplicitous and fraudulent tale set alternatingly between Venice in act 1, and the island of Cyprus thereafter. The play follows the scandalous marriage between protagonist Othello, a Christian moore and the general of the army of Venice, and Desdemona, a respected and intelligent woman who also happens to be the daughter of the Venetian Senator Brabantio. Shakespeare undoubtedly positions the marriage to be viewed as heroic and noble, despiteRead MoreOthello, By William Shakespeare1218 Words   |  5 PagesIn a historical time period where emphasis was shifting from religion to race and ethnicity, key indicators of differences that perpetuated into racial prejudice and racial ideologies are evident in Othello by William Shakespeare. Although racism was not fully formed at this moment in history, Othello can be interpreted as a representation and an exploration of this shift in ideology. In the past, before this change to ward racial differences, religion was the major segretory factor in signifyingRead MoreOthello, By William Shakespeare894 Words   |  4 Pagesthose that which occurred in Othello written by William Shakespeare. Throughout the play Othello, we see the struggles of a marriage that is not accepted by their society. Othello is a extremely cherished black general living in a primarily white community. The play begins with Othello secretly becoming married to a white woman named Desdemona. This reasons others who are white to become angry and excuse to dislike this black man further more than they already do. Othello is a downward spiral from loveRead MoreOthello by William Shakespeare790 Words   |  3 PagesThroughout Othello by William Shakespeare, Othello makes numerous poor decisions due to his jealousy. Hitting Desdemona, trusting Iago, and killing Desdemona are among a few of the poor decisions that he makes. The word jealous can be defined as feeling or showing suspicion of som eones unfaithfulness in a relationship. Othello feels suspicious of Desdemona’s and Cassio’s relationship because of the lies that Iago tells him. Many people try to tell Othello the truth but he only believes the wordsRead MoreOthello, By William Shakespeare1923 Words   |  8 Pagesdissatisfaction or complication is shown. Firstly in Othello love is presented as ephemeral and transient while atonement love is presented as unrequited and finally in cat on a hot tin roof love is presented as painful and troublesome due to unreciprocated feelings. The tragic plot of Othello hinges on the potential of the villain, Iago, to deceive other characters, above all Roderigo and Othello, through encouraging them to misinterpret what they see. Othello is prone to Iago s ploys seeing that he himselfRead MoreOthello, By William Shakespeare941 Words   |  4 Pageswas Williams Shakespeare’s play Othello which depicts the tragedy of Othello, a Morris Captain. What is different about Shakespeare play is that the tragic hero is the black Othello and the villain a white Iago. Therefore, Shakespeare depiction of Othello as a tragic character and Iago as a villain, challenges Elizabethan’s stereotypes regarding individuals of African descent. Shakespeare challenges the stereotypical â€Å"type –casting of the black man† in Elizabethan society by depicting Othello asRead MoreOthello, By William Shakespeare1152 Words   |  5 Pages‘Othello’ was a tragedy of incomprehension at the deepest level of human dealings as no one in the play came to an understanding of himself or any of the surrounding characters. The play ‘Othello’ by William Shakespeare focused on tragedy through the anguish of the main character ‘Othello’ which lead to the suffering and death of numerous characters including himself. Appearance Vs. Reality challenged human dealings within the play ‘Othello’ as no-one came to see anyone’s true self and no-one seesRead MoreOthello, By William Shakespeare1140 Words   |  5 Pagesâ€Å"Othello† is a play written by William Shakespeare in 1603. In this play, Shakespeare features three major characters: Othello, Iago, and Desdemona. Ot hello, a black man, and Desdemona, a white venetian secretly eloped in the play. Iago shows racism and prejudice towards their relationship because of their skin colors. In the play, Iago says: â€Å"Even now, now, very now, an old black ram is tupping your white ewe. Arise, arise! Awake the snorting citizens with the bell, or else the devil will make aRead MoreOthello, By William Shakespeare1825 Words   |  8 PagesWilliam Shakespeare’s plays transcends time and is renowned for their captivating plots and complex characters. Othello by William Shakespeare is a tragedy play that portrays major themes such as racism, manipulation, and jealousy just to name a few. Throughout the whole play, these themes are represented through the conniving character from the play, Iago. Out of all the plays Shakespeare has written, Iago is believed to be the most complex villain of all times. During the play, Othello, a black

The Social Psychological Strain Theory - 1173 Words

There are numerous theoretical theories that can be applied to Fish’s case. Agnew’s social-psychological strain theory (1992, 2005), focuses on mistreatment and abuse as a source of acute stress in individuals. The theory suggests that when someone presents an individual with a negative or noxious stimuli it could promote aggressive behaviour (amongst other negative outcomes) in the targeted individual (Agnew, 1992, 2005). This in turn could possibly lead to the targeted individual involving themselves in illegal activities (Agnew, 1992, 2005). This theory helps to provide an explanation as to why Fish committed his heinous crimes as he along with the other boys at St Johns orphanage were reported to have been relentlessly abused, physically, emotionally, and sexually by the staff (Bardsley, 2012; Schechter, 2003). According to Brown et al., (2014), the staff would often strip the children of their clothes then proceed to viciously beat them, this was made worse by the fact that the other children were forced to watch the savage beatings. Fish stated â€Å"I was there [St. John’s Orphanage] till I was nearly nine and that’s where I got started wrong. We were unmercifully whipped. I saw boys doing many things they should not have done† (Berry-Dee, 2011, pp 157). Fish was abused in front of the other students and humiliated on numerous occasions, researchers suggested that Fish’s treatment was a severe form of shame punishment (Ramsland McGrain, 2009; Schechter, 2003). FishShow MoreRelatedEffectiveness of the Individual Explanation in Comparison to Social Explanation of Crime937 Words   |  4 Pages In critically examining the effectiveness of the individual explanation in comparison to social explanation of crimes, I will draw upon the theory of positivism and strain. There are controversies in which evaluation is the most effective. Unquestionably, both standpoints do have it limitations and strength, I will draw upon case examples and researches of both views in order to critically assess both effectiveness in explaining the occurrence of crimes. Individual explanation of crime isRead MoreThe Theories Of Crime Causation1076 Words   |  5 Pages This paper will examine the three main theories of crime causation which comprise the Criminological Theory as well as provide some examples of each. The three main theories of crime causation are biological, sociological and psychological. Each of the three theories have come a long way since their inception and continue to be updated due to new findings through technological and medical advances. It also must be noted that these are theories and due to various factors and drawbacks to eachRead MoreCrime And Its Effects On Society s Life Sentence Without A Non Parole Period1402 Words   |  6 Pagesnon-parole period (R v Harris [2000] NSWCCA 469) Morton and Lobez (2009). Findings from Brown, Esbensen and Geis (1991) show that strain theories operate from the view that certain strains or stressors are influential, that is, they can increase the likelihood of crime occurring. The assumption is that, individuals have goals, however, under this theory; the strains make it almost impossible for these goals to be achieved Brown, Esbensen and Geis (1991). Durkheim (1951) argued that, crime is inevitable;Read MoreA Study Of Crime Fell Into The Domain Of Metaphysicians, Penologists And Moralists1478 Words   |  6 Pagesbelieved that born criminals had the physical, mental, and instincts of primitive man (earlier stage of human evolution), which meant these born criminals were unsuited for a civilized society and unless incapacitated they would inevitably violate the social and legal rules (Akers Sellers, 2013). Essentially there were certain physical anomalies that if an individual possessed Lombroso would consider them a born criminal. However, in order f or Lombroso to deem them as a born criminal, males needed toRead MoreEssay on Theories of Crime and Criminal Activity1488 Words   |  6 PagesTheories of Crime and Criminal Activity Every theory of crime has at least 2-3 meta-theoretical levels above it. The fundamental issues are usually addressed at the approach level, and are often called the assumptions, or starting points, of a theory, although the term assumptions more strictly refers to the background or domain boundaries one can draw generalizations about. Above the approach level is the Perspective level, the largest unit of agreement within a scientific community, andRead MoreThe Theory Of Crime : The Classical View960 Words   |  4 Pagesresponsible for crime; known as criminal behavioral theories. Influenced by the classical theory is the rational choice theory, all the other theories; biosocial, psychological, social learning, and social structure is influenced by the positivist view. The rational choice theory believes that when the reward â€Å"rationally â€Å"outweighs the punishment than a crime will be committed. There are two different views on this theory. Firstly, the lifestyle theory, which believes that the youth chooses to live againstRead MoreThe General Strain Theory By Robert Merton1352 Words   |  6 PagesGeneral Strain Theory-Susan Smith In 1995, a very heinous, mysterious crime was committed the murder of two innocent boys by their mother. This crime was thought to be completely unexplainable. This mother convinced America that a black man had stole her car and kidnapped her children. Little did we know this suicidal woman would be capable of committing such a crime. There are many theories that you can apply to this case. However the theory that fits it most closely is the general strain theory. TheRead MoreA Norm Is A Rule Of Behavior Of Individuals In Society1491 Words   |  6 Pagessociety or groups, Emile Durkheim sociological founder considered norms to be social factors that exist in individual’s society of independence that creates the shapes of our behaviors and thoughts (Crossman, 2017). In the terms of not having sociality without social control the society would have no function without enforcing social orders that make daily life and the complex division of labor possible (Crossman, 2017). Social order is produced by ongoing life longs process of socialization that individualRead MorePersonal Criminological Theory Paper1142 Words   |  5 PagesCriminological Theory Paper Criminological Theory 3 February 2012 Personal Criminological Theory Paper Introduction Through out the years Criminologists has conducted a great amount of research and through that research Criminologist has developed different theories in order to better understand and explain criminal behavior. Theories try to help make sense out of many observations that are conducted presenting the facts of the principal that connects and explains the theories. If good theory has beenRead MoreCriminal Behavior : Crime And Crime Essay933 Words   |  4 Pagesall existing concepts, the sociological theories befit a comprehensive explanation for criminal behavior in the present society (Cornish Clarke, 2014). The integrated theories of emergent perspectives on crime also complement this concept because certain biological and psychological characteristics influence an individual’s chances of becoming a criminal. The prime sociological theories in the study include the strain principle, social learning, and social control (Cornish Clarke, 2014). The most

Fin111 Financial Markets and Economic Principles Free Essays

string(28) " the 10th straight meeting\." [pic] Financial Markets and Economic Principles (FIN111) Assignment Answer Template |Students: Please enter |Word count | | |your word count for this |I have read the Assignment Guide in the Subject Room and have applied the word count | | |assignment |principles to my work. | | |My word count for this assignment is | | | |5368 words | | | | | | Marker feedback Comment on overall performance: |For marker use only. | |Students begin your assignment answers on the following page. We will write a custom essay sample on Fin111 Financial Markets and Economic Principles or any similar topic only for you Order Now | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Begin your assignment answers from this point. Section A – Question 1 †¢ Describe the operations of each company JB Hi If – Is an Australian owned and operated company established in 1974. Due to the success of the business model and the growing retail sector in July 2000 JB Hi Fi was purchased by private equity bankers and senior management with the strategy of taking the model nationally. With a strong sign of the success of the business in October 2003, JB Hi Fi was floated on the Australian Stock Exchange. JB Hi Fi has proven to be one of Australia’s fastest growing and largest retailers of home entertainment. Looking to build on the successful model and expand their operations in July 2004, JB Hi Fi bought the Clive Anthony chain of retail stores who competed in the same retail space. Harvey Norman – Is an Australian based retail provider of electrical, furniture, computer, entertainment and home goods. They have over 230 stores in Australia and abroad in countries including New Zealand, Slovenia, Ireland, Malaysia, Croatia and Singapore. Harvey Norman has implemented a unique strategy to the Australian retail market through their operating structure, in that each store department is operated by a separate franchise. Therefore these superstores are a combination of more than one business with each franchisee (computer, bedding, electrical) contributing to the gross revenue of Harvey Norman Holdings Ltd. This is achieved through their individual lease payment and a percentage of their sales. The individual departments have their own checkouts for its products and warehouse space is shared by the separate franchisees. Harvey Norman Holdings Limited is also a franchisor of other well known retail chains including Domayne, Joyce Mayne and others. †¢ Consider the key factors that may affect the performance and the share price of the companies in the short and long term Given the fact both companies are competitors in the retail sector, key factors affecting their performance will be quite similar. They both heavily rely on the consumption of the â€Å"Household Sector†, this helps drives revenue through their operations. A concern therefore would be given the challenging economic times there is a decrease in domestic spending. With households adversely increasing their savings as anxiety over the sovereign debt crisis in Europe escalates and general unease in regards to the global economy. This is also reflected through the â€Å"Business Cycle† as it is my belief we are currently within a â€Å"Contraction to trough† period which is reflective of a decline in retail sales. This decline has been seen nationwide through the whole retail sector as organisations battle to lower prices to remain competitive when demand isn’t strong and still attempt to retain a profit. Some retailers have opted for longer trading hours and there is also concern over the moving trend towards internet shopping. JB Hi Fi currently have a strong focus on online shopping which has helped them maintain consistent sales results. Harvey Norman have moved to online shopping only in July of 2011, and has big ambitions with Gerry Harvey stating â€Å"I’ve told my team I want them to turn over $100 million within 2-3 years and then take it to $1billon within 5-10 years†. The decline is also reflected in the ABS August Key Figures report for monthly turnover within the retail sector which saw department stores post a -0. % fall in July to August 2011. Also a long term concern for both companies would be that if global equity markets do recover and inflation rises that will lead to a rise in interest rates which would further affect the Household sector through their discretionary spending. The fluctuations of the Australian dollar will impact both companies as the stronger Australian dollar lowers the prices both enterprises can charge consumers. Increasingly consumers are buying electronics online both domestically and international, with the resilient dollar giving them an incentive to shop abroad. Question 2 ) JB Hi-Fi and its network of retail stores is an intermediary. They are an intermediary between the large electronic manufacturers (Sony, Samsung, Panasonic) whose products are sold in store and the general consumer in the household sector. The large manufactures are able to meet the order demands of the organisation and JB Hi-FI in return supplies the broad market with the products. The consumer is provided with a product at a competitive price and JB Hi Fi earns a margin on the product for the service. 2) JB Hi-Fi also uses an additional intermediary to increase their exposure in the sector. They have purchased Clive Anthony which was another established retail electrical chain. They own Clive Anthony however it continues to operate under its original trading name. All revenue is attributed to the JB Hi FI Limited organisation. 3) Harvey Norman Holdings Limited is well known for using a number of intermediaries within their own organisation. They have fragmented each department (bedding, electrical, computer) of their organisation to be an individual franchise or â€Å"intermediary†. With each franchisee contributing to the gross revenue of Harvey Norman Holdings Limited. This provides each department the ability to specialise and deliver expert service to their consumers. Other financial intermediaries Harvey Norman would include its acquired retails chain Clive Peter’s and the number of overseas retail operations it owns which contribute to its net profit. Question 3 Question 3: Impact of monetary policy Justify the Reserve Bank’s decision on interest rates announced on 4 October 2011 †¢ The factors that influenced the Reserve Bank’s decision and the likely impacts on the domestic economy The Reserve Bank nominated on the 4th of October to keep interested rates on hold for the 10th straight meeting. You read "Fin111 Financial Markets and Economic Principles" in category "Essay examples" The factors influencing this decision were concern over global financial markets and fears world economies may be sent into global recession. Previously during the Aug-Sep meetings there had been a deteriation in the markets and between Sep-Oct meetings that had been a further substantial deteriation of global markets. The RBA acknowledged that domestic growth would weaken in the coming quarters. Europe’s sovereign debt issues are a major concern to the RBA and a contributing factor to rates remaining on hold. It has caused major volatility to global markets, with growing uncertainty in regards to a solution and its impact on banks in Europe. It is also affecting the outlook for Global Economic growth. The RBA will continue to assess market developments as well as the general indicators it follows including economy and inflation data. A benefit for the domestic economy is the RBA stated it had a bias to easing and that a rate cut could occur if September Quarter CPI data due on October 26 showed a moderation in prices †¢ The impact on the share market as a whole and the share price of your chosen companies The immediate impact on the share market following the RBA’s decision was negative. The SP/ASX 200 closed down 0. % or 24. 9 points to 3872. 1 points, with the All Ordinaries down 0. 6% or 25. 1 points to 3935. 6. Also the Australian dollar slumped to a 13-month low of $94. 6 US cents. Despite an optimistic start to trading on the day with the market overcoming a negative lead from the US, the RBA’s decision had plunged the markets back into negative territory. JB Hi-Fi was down 60 cents to $14. 30 No t a substantial impact to HVN which was up 2cents from the close the previous day. †¢ Whether the impact on the share market as a whole differed from the impact on your chosen companies The negative impact of the decision by the RBA was shared by both the market itself and the individual holdings of JB Hi Fi Limited and Harvey Norman Holdings Limited. The decision had a significant impact on the performance of consumer exposed stocks such as JB HI FI and Harvey Norman. Question 4 JB HI FI posted its first profit slide since the stock floated in 2003. There were some contributing factors to this performance including a restructure of its Clive Anthony’s stores and a negative sales growth for July. JB Hi-Fi reported on August 8th 2011 that full year net profit fell 7. 5% to $109. 7 million on sales of $2. 6 billion, up 8. 3%. The slip has been attributed to the $24. 7 million in costs to restructure its Clive Anthony stores. Annual comparable sales fell 1. 2% Despite the daunting outlook for the retail sector JB Hi FI have stated they expect another solid group sales performance for this financial year, with full year sales to rise 8% to 3. 2billion. JB Hi FI i s expecting that the Christmas period will be successful also timing with a number of new product releases. However due to the profit results and weak July sales on August 9th JB Hi-Fi shares closed down 35 cents at $14. 00 Harvey Norman announced a net profit after tax of $252. 6 million for the financial year ending 30 June 2011, which is up 9% on the 2010 financial year. These results were released in its 2011 annual report. The franchises within the organisation continued to provide the stability in the overall performance of the group. Owner Gerry Harvey stated â€Å"we have a strong balance sheet underpinned by a $2. 04 billion property portfolio and generate strong free net cash flows from our franchising operations segment† Total revenue for the year was $2. 7 billion, which has increased from the 2010 figure of $2. 45 billion according to the results statement. Harvey Norman experienced an increase in consumer transactions despite revenue being down, this was caused by the strong Australian dollar reducing prices on imported goods. Despite the retail sector weakening in reflection of global markets Harvey Norman franchisees have experienced strong customer traffic and transactions. Also stronger results generated by retail operations in Singapore, Malaysia and Slovenia have increased profitability by $4. 65 million before tax collectively compared to the previous year. Despite challenging macroeconomic conditions, the outlook the retail, franchise and property system of the company remains positive. An important addition to the business moving forward in the first half of 2012 financial year will be the launching of our e-commerce site for Harvey Norman. Harvey Norman states they are confident there online transactional strategy will produce incremental dollars to the existing channel. Harvey Norman closed 1cent higher after releasing its annual report at $2. 15 on August 29th. Question 5 †¢ Explain the correlation of returns from the asset classes – Cash- Is looking to be a stable and reliable asset class in the 2011 calendar year. It will provide necessary stability to investor’s profiles. However will remain relatively unattractive reflecting low interest rates. Some important considerations for the RBA in determining any movement in monetary policy is the strength of the Australian dollar relative to trading partners, in particular the US. It is anticipated the RBA will lift the cash rate to 5% before the end of the year Fixed Interest – Will provide stability with a higher yield than cash given there is an element of risk. Savvy investors will look to this sector as global equities remain volatile and fixed interest provides the ability to stabilise returns. Large parts of the credit market in particular Australian credit offer reasonable value especially if the global growth outlook commences an incline. Equity – Global equity markets outlook remains extremely volatile. This outlook is reinforced by the RBA’s recent decisions to keep interest rates on hold and even suggest they may be deducted in the future. The cause for concern has moved on from the Sub Prime Crisis of 2008 and is now centred on government sovereign debt in the US and particularly in Europe and the PIGGS (Portugal, Ireland, Greece, Spain). Of major concern is whether Greece will default on its loans and the potential impact on world markets. This is playing out at the moment with recent developments within the EU with a bailout fund and more recently revision of the size of the fund. This has provided huge amounts of volatility in the market and it seems it will play out most of the year, with a potential default if not avoided of Greece in early 2012. There is plenty of value long term in equities currently with stocks undervalued however you must be prepared to accept volatility in the short to medium term. Property – With improving international economic conditions, a local economy with good foundations and quality property managers achieving attractive terms on financing, prospects for high grade property investment remains attractive. Australian direct property will continue to perform well and prospects for the sector are high especially in commercial and industrial property. The retail sector could be a danger given the challenging times being experienced in the Australian consumer sector †¢ Provide a forecast of which asset class you believe will provide the best returns in 2011 Due to global economic growth picking up in 2011 with various predictions at around 3. 5 – 4% driven largely by emerging economies, this provides opportunities in the equities sector. Market volatility is likely to continue due to Sovereign debt concerns in Europe and the impact of potential further quantitative easing in the United States. There is concern about equity markets seemingly drifting sideways over the past 12 months, however global share markets have recorded strong gains The economic outlook is likely to be supportive for equities in 2011, while there will be areas of concern. The slowly improving economic environment and a potential solution to the sovereign debt crisis in Europe should see companies begin to expand by borrowing. After experiencing a significant correction in 2010, equities are well positioned to post strong gains in 2011. Shares are good value and continuing economic recovery will contribute to further gains in profit. Question 6 Question 6: Influences on share prices Provide a graph showing both companies daily share price and the All Ordinaries index over the four week tracking period [pic] [pic] Explain the performance of the two companies over the four week period. In your explanation consider: †¢ The impact of any significant events or unexpected announcements JB Hi Fi – The announcement of Apple’s launch of its latest handset the iPhone 4s is hoped to have a significant impact on sales and foot traffic through its retail stores. – JB Hi-Fi held its annual general meeting on the 12th of October, it stated total sales were up 6. 6% compared with the previous corresponding period. The timing of this news to the market had investors responding positively with 3. 09% increase for the day with a close at $14. 36 Harvey Norman Holdings Limited There is direct concern for Harvey Norman over debt issues within Europe as they hold operations in Ireland which was the first country in the European Union to ask for a bailout. Harvey Norman’s stores there made a trading loss of $38. 59 million for the 2010-11 financial year, with the board â€Å"committed to Ireland for the long term† – Harvey Norman have also responded to the online retail sector threat by launching a new e-commerce site in early October – Harvey Norman released its annual report on the 29th of September, revealing a 9% rise in 2011 full-year net profit to $252. 3 million Whether the performances have been similar or different The performance of Harvey Norman has been quite flat with quite limited movement of the stock over the reporting period. They released their annual report with a rise in profits but investors did not respond with any significant movements. JB Hi-Fi hit a low of $13. 87 for the reporting period on the 11th of October as anxiety hit over the release of information from its annual general meeting. The news and results provided were positive and the stock reacted positively reaching close to the peak of the reporting period on the 14th of October closing at $15. 0 †¢ How the companies performed in relation to the All Ordinaries Index There has been limited volatility seen in regards to bot h JB Hi-FI and Harvey Norman. The reasons for this would be they both have core business which is based in the retail household consumer sector. The All Ordinaries which is based on the movements of the top 500 Australian companies has a much wider exposure to sectors. It is for this reason there has been significantly more volatility on the All Ordinaries as it has been exposed to the market’s recent concerns over the European Sovereign debt crisis. Whether the shares would be considered growth or defensive Both these companies’ shares would be considered cyclical stocks, where sales and earnings are affected by economic or industry cycle They would therefore be considered growth shares. †¢ Your view with justification on whether the companies are a buy, sell or hold JB Hi-Fi (HOLD) – The stock is vulnerable to a decrease in discretionary spending in regards to its electronic goods and also the impact of the volatile Australian dollar. However the organisa tion is in a growth period with a number of new stores opening in a strategic move. The company has been a popular stock and has proven to be quite resilient, trading strongly through the last few turbulent years and also distributes a strong yield. It is in a good position to see through the current wave of volatility. Harvey Norman (HOLD) – The strength of the Australian dollar has seen a rise in internet commerce. Harvey Norman is launching a centralised online website to respond to this growing trend. International holdings have been performing well and there are talks of a possible expansion into the UK. The stock has been proven to be relatively resilient with a reasonable dividend and is adapting to a changing market by looking at opportunities online and abroad, for these reasons the recommendation would be to hold. Section B Question 1 Section B – Question 1 Identify and discuss four advantages for AWPL of establishing a factory in New Zealand †¢ Operating costs – Establishing a new factory in New Zealand will save AWPL $A2 million per annum which is a significant savings long term. These additional funds can be used to reduce debt or spent on further product development or research Increase production – With the establishment of the New Zealand facility AWPL will be able to meet the demands of their current production and collectively with its Melbourne location the demands of the new proposed contract in the US. This will add a projected 30% to sales growth. †¢ Save $A 3 million – Establishing the new location at New Zealand would mean the fire upgrade to the current location at Devonport would no longer be necessary and the funds will be used to support the long term functionality and growth of the business as opposed to a maintenance cost Brand Awareness – Currently AWPL provides production for Australia, UK, Germany and potentially the US. Having a location in New Zealand will promote the brand and create awareness which may lead to business opportunities through production in their domestic sector in the future Also four major funding and/or business constraints that AWPL needs to consider when deciding whether to establish a new factory in New Zealand or upgrade and expand the existing factory in Melbourne Production concerns – Due consideration needs to be made to legitimate concerns over AWPL ability to meet the demand of current production requirements during construction of a new factory in New Zealand. Meeting these demands are imperative to the survival of the business †¢ $1 million payou t – Will need to be paid due to the retrenchments of the employees at the Devonport factory, this is a considerable amount of capital and needs to be taken into consideration †¢ Establishment costs – AWPL have determined that the establishment costs of the New Zealand venture are high with additional costs that do not exist in Australia Debt Funding – All the proposed developments require capital of $A10 million, AWPL do not have the liquidity to cover this outlay and will need to look at financing options. Their lenders at the moment already have concerns over their current level of gearing, so they will need to look at all their options. Question 2 a) Is AWPL eligible for listing on the ASX given its current structure and financial position? AWPL is not able to list on the ASX given its current structure, as it does not currently meet the requirements of the ASX listing rules. In particular condition 7 which states â€Å" An entity must satisfy either a) or (b)† a) There must be at least 500 holders each having a parcel of the main class of securities with a value of at least $2,000, excluding securities not acquired by those holders under a recent prospectus or Product Disclosure Statement b) Both of the following are satisfied †¢ There must be at least 400 holders each having a parcel of the main class of securities with a value of at least $2,000, excluding securities not acquired by those holders under a recent prospectus or Product Disclosure Statement AWPL is unable to meet these requirements as it currently only has 40 shareholders ) Listed companies are required to comply with stringent obligations imposed on them by the ASX Listing Rules. Explain four obligations that AWPL would be required to fulfil if it was a listed company †¢ Under Condition 3 of the ASX listing rules â€Å" A prospectus or Product Disclosure Statement must be issued and lodged with ASIC. If ASX agrees, an information memorandum that c omplies with the information memorandum requirements of Appendix 1A will be sufficient instead of a prospectus or PDS. This ensures that potential investors have access to critical financial information about the organisation to make an informed decision to invest or not. 1. 2. 4 of the Profit Test states that the entity’s aggregated profit from continuing operations for the last 3 full financial years must have been at least $1 million. This is to ensure the organisation is successful and has the means necessary to warrant being listed on the ASX †¢ 1. 2. 5A states that the entity must give ASX a statement from all directors confirming that they have made enquiries and nothing has come to their attention to suggest that the economic entity is not continuing to earn profit from continuing operations up to the date of application This is to ensure the organisations admission is based on factual information and aims to confirm the integrity of the organisation and its intention not to commit any acts of fraud or deception †¢ 1. 3. 5 The entity must give ASX each of the following a) Any accounts, together with any audit report or review: – for the last 3 full financial years (or shorter period if ASX agrees); and – if the last full financial year ended more than 8 months before the entity applied for admission, for the last half year (or longer period if available) from the end of the last full financial year If the accounts have not been audited or reviewed, the entity must tell the ASX This ensures that there is full disclosure of financial information to the ASX and potential investors Question 3 a) Discuss three reasons why the bank would be reluctant to increase funding to AWPL at this time †¢ Financial Markets – Due to the implications of financial markets over the last few years starting with the Mortgage Sub Prime crisis in the United States and more recently the sovereign debt crisis in Europe, lenders have become tighter with their lending practices. They want extra security and having a signed contract confirming the commitment for production in the US confirms the need for additional funding †¢ The bank already has expressed concern over the level of gearing the organisation holds at the moment so without evidence to support the need for expansion there will be hesitancy from the lender †¢ There is also an element of risk involved as there is concern that if the upgrade and expansion plans are not handled effectively then production rates may be harmed which would ultimately mean AWPL would be unable to meet current order demands. If that was to occur then the ability of AWPL to service its current debt commitments to the bank would be placed in jeopardy b) Jack is concerned that the New Zealand project will expose the shareholders of AWPL to a new financial risk (associated with borrowing funds to upgrade the Melbourne factory and to establish the New Zealand factory). Assume that the US contract is signed. Identify the new financial risk. Discuss the implications of the risk on debt repayment schedules and outline the steps AWPL might take to reduce the risk Jack is concerned about AWPL ability to meet current production orders. The fear is that if establishment of the NZ factory and upgrade of the Melbourne location isn’t seamless it will affect the ability of the business to meet current demands and that of the new contract. This exposes the business and current shareholders to potential risk of defaulting on existing debt demands from their lender. AWPL may look at hedging this risk by looking at Business Risk Protection which would cover their expected income if they are unable to meet their demand for various reasons. AWPL should also consider looking at alternate factory locations they can use at short notice if production is impacted for any reason Question 4 a) Identify and discuss three effects that an appreciating Australian dollar (AUD) would have on a decision by AWPL to move its manufacturing operations to New Zealand †¢ An appreciating Australian dollar would be a concern for the core of AWPL business which is exports. If the Australian dollar rises a major implication is the impact on the terms of trade as exports become more expensive and imports become cheaper. A likely result would be an increase in domestic spending on imports and reduced demand for exports in foreign countries. This would be a huge concern for the viability of AWPL’s international production orders. If there is a change in the current revenue streams than it may impact their ability to service their current debt and/or gain finance for expansion plans †¢ Also an appreciation in the Australian dollar will mean AWPL’s exports will become more expensive and may result in them not being as competitive as other international competitors. The impact of this may be felt in loss of contracts, renegotiations and general cost cutting. Severely impacting their ability to implement any expansions †¢ These concerns will not only be felt by AWPL but by their shareholders and lenders. When approaching lenders about further debt funding an appreciating dollar and the potential negative impact on the business may very well be taken into due consideration before approval. b) Taking into account current economic conditions and financial market sentiment, identify and discuss two factors that could cause the AUD to move significantly above its current rate against the US dollar in the coming months One impact which could cause the AUD to move significantly above its current rate against the US dollar is the appetite for risk from foreign investors. With extreme volatility being experienced in the market currently and concern for the global economy the Australian dollar can be influence by the risk appetite of foreign investors. During the volatile times in the market we are experiencing currently there are heightened p erceptions of risk which leads to a decline in the demand for riskier assets which promotes a move for investors to quality investments and an appreciation of reserve currencies such as the US dollar. This can see the Australian dollar appreciated when markets sentiment is high and there is positive news about foreign and global development and depreciate on negative news. – An additional factor which may see a further increase of the AUD over the US dollar could be another round of Quantative Easing (QE3) from the United States. This involves the US Federal Reserve effectively prints more money injecting it into the economy The US government achieves this through purchases of bonds and places money into banks which then be loaned to the public. This in turn eases lending constraints and money flows through too small to medium businesses. A consequence for the US is that the increase in the supply of their currency weakens the value and causes further appreciation of the Australian dollar Question 5 – A) Discuss the outlook for global economic growth in 2011. Support your answer with a percentage forecast for global growth International recovery after the Great Financial Crisis has been uneven with markets seemingly moving sideways recently. Risks globally remain high with world economies continuing to recover from its effects. Financial conditions have improved through corporate earnings and financial market volatility has moderated, notwithstanding ongoing concerns over European Sovereign debt and the European Union ability to contain the crisis. The forecast for advanced economies is to continue to consolidate, where as growth in emerging markets is anticipated to deliver higher levels of growth and returns. Therefore in accordance the global economy is widely predicted to grow over 4% in 2011 down from 5% growth in 2010. Although traction has been made global economic recovery also remains vulnerable and a clear resolution to the sovereign debt crisis in Europe ill provide markets with strong sentiment and incentive to return to the equities market. Also failure for the US to develop a viable solution to the unsustainable US Fiscal position also poses a threat to the progress of global recovery – (B) Each of the countries below has a significant influence on global growth. Briefly comment on each country’s outlook for economic growth in 2011 Support your answer with a percentage forecast for each country’s economic growth i) USA The forecast for the United States is that their economy will grow between 3. -4% in 2011. This is an increase from the 3% growth recorded in the 2010 calendar year. The basis of this will be driven from growth in the consumer and business spending and personal consumption expenditure (PCE), an increase in consumer spending. PCE is adding between 0. 7% and 2% to overall US growth has increased for five consecutive quarters. Concerns for the US are European Sovereign Debt, budget concerns at all levels of government and falling house prices. These effects could impact and lead to a slower US recovery. ii) China Due to the unprecedented growth of China, tighter monetary policy was necessary to reign in growth which is still projected to be close to 9% in 2011. Inflation is a constant concern and will increase over the calendar year. It is china’s greatest concern and most pressing policy issue, their ability to contain this effectively will determine their sustained growth. The present account surplus is set to fall to 4. 5% of GDP, which is a reflection of a decline in export growth and higher commodity prices While high commodity prices pose risks they are unlikely to dent growth. Currency appreciation will continue at a gradual pace as reserves accumulate iii) Japan In March 2011 the Great East Japan Earthquake was the strongest ever recorded in Japan and triggered a tsunami which severely damaged the country and was the impact was felt on world equity markets. A preliminary report by the government estimated damage at between 3. 3-5. 2% of 2010 GDP There are serious concerns about Japans ability to recover from such a traumatic natural disaster. The timing and strength of an economic recovery is difficult to forecast. The growing uncertainty about the Japanese recovery, compounded by the ongoing nuclear situation and rising oil prices are adding to the difficulty of the situation. However Japan has experienced natural disasters before and the sentiment from other advanced nations is there will be a rebound in economy as reconstruction spending picks up. Such a pattern will see real GDP growth to 0. 8% in 2011 Bibliography Chris Zappone April 27 SMH – Harvey – Move online. http://www. smh. com. au/business/harvey-norman-reveals-online-move-20110427-1dvl9. html Pip Freebairn – Australian Financial Review – 4th October RBA holds rates but hints door open for cut http://www. afr. com/p/national/rba_holds_rates_but_hints_door_open_5JEhJP8jKehLd5SsNxQREL Joanna Heath – Australian Financial Review – 4th October Shares fall after RBA rates decision http://www. afr. com/p/markets/shares_fall_after_rba_rates_decision_gYLoKCrItyz0zl5JXVUUQM Eli Greenbalt – August 9th High Flying JB Hi FI experiences the lows of a struggling sector http://www. smh. com. au/business/highflying-jb-hifi-experiences-the-lows-of-a-struggling-sector-20110808-1ij7k. tml Harvey Norman Annual Report http://www. harveynormanholdings. com. au/pdf_files/2011_Annual_Report. pdf Shane Oliver Insights – Review of 2010 and outlook for 2011 http://www. adviservoice. com/2010/12/review-of-2010-and-outlook-for-2011/ David Ramli Ben Woodhead – Australian Financial Review October 5th Wither retail as Apple touts iPhone 4s http://www. afr. com/p/business/technology/whither_retail_as_apple_touts_iphone_FzmXGsKsIEA3iYW45oG21M Joanna Heath – Australian Financial Review 24 September 2011 Europe’s troubles hit home http://www. fr. com/p/markets/europe_troubles_hit_home_FTVWCTnHmtNXJ90oaRoTsI RBA – The Exchange rate and the Reserve Bank’s Role in the Foreign Exchange Market http://www. rba. gov. au/mkt-operations/foreign-exchg-mkt. html Chris Caton – 2 Feb 2011 The Aussie Dollar- Where to from here? BT Insights http://www. bt. com. au/bt-market-insights/bt-latest-updates/2011/02-february/201102-australian-dollar. asp Budget Strategy and Outlook 2011-12 http://www. budget. gov. au/2011-12/content/bp1/html/bp1_bst2-01. htm IB Times Staff Reporter – US Economic Outlook 2011 How to cite Fin111 Financial Markets and Economic Principles, Essay examples

Separate Legal Entity of Corporation

Question: Discuss about the Separate Legal Entity of Corporation. Answer: Introduction This report is prepared to gear up perceptive about how business level strategic decision-making process effects in the competitive environment. Internal and external environmental factors influences on corporate objectives and strategy. This report is prepared to analyze Wesfarmers strategic planning for retail strategic business units viz. Target and Kmart to sustain and nurture their brand representation in the industrial environment. Report explains Product portfolio and product line of the chosen Wesfarmers retail business units. Business unit revenue study and external environment analyses is explained in the report in order to find out best possible strategic plan which encompasses sustainable growth opportunity through competitive advantage in the challenging economic condition. In order to study the concept of strategic growth in competitive environment several managerial terminologies used in the report are also defined to grasp the complete perceptive of the exploration. R eport also explains source factors of sustainable competitive advantage for Wesfarmers retail division. Corporation Identification Wesfarmers Limited is a leading Australian company. Company made its foundation in 1914 with an objective to provide support to Western Australian farmers in agricultural services and merchandise. Subsequent to the strategic corporate restructuring from private to public company in the year 1984, Westralian Farmers Co-operative Limited formed Wesfarmers Limited. Headquarter of the company is situated in Perth, Western Australia. Company holds different products in their product portfolio to cater the needs of domestic and commercial consumers allied to retail, chemicals, fertilizers, coal and industrial safety products. Company is equipped with its diverse business operation and multiple business units into supermarkets, liquor, hotels and convenience stores, home improvement, office supplies, department stores and an industrials division dealing into industrial and safety products (Wesfarmers, 2017). Corporation is defined as a business entity, which legally subsists and independent from its owners. Corporations owners are shareholders and there extent of ownership in the business is represented through companys shares they possess. Shareholders are allowed to elect board of directors for supervising business proceedings. The owners of a business are not personally liable for the debts or affairs of the company consequently enjoy a privilege of limited liability. Corporation is a deemed legal person and holds the similar rights and responsibilities as a person like in the case of violation of prevailing legal framework, it can be litigated and penalized (Waqas and Rehman, 2016). Product portfolio is defined as range of goods or services offered by the organisation to its customers. Product portfolio is a companys snapshot over different categories of products and different product lines. Management of the company analyses factors like company growth projection, profit margin, income contributions, there market position and probable functional uncertainties in the process of designing product portfolio. Product portfolio analysis is essential task for the organisational managers as it provides them base for planning future financial performance. It not only assists organisational planning but also helps investors to conduct equity research analysis through which they plans there prospective investment policy (Rubera, Chandrasekaran and Ordanini, 2016). Service Portfolio is defined as a comprehensive package of services offered by the service provider to its customers. The service provider is responsible to maintain the quality of service delivery and consistent supply of service of its service portfolio (Vendrell-Herrero et al., 2017). Business Unit Research Wesfarmers in the year 2016 commenced with new retail segmental business units to explore more occasions where the company can attain sustainable growth and enhance their brand recognition. Companys new department stores viz. Target and Kmart aimed at maintaining and nurturing there brand representation in Australian market. Kmart is one of the leading retail groups among Australian retailers cartel. Wesfarmers possess over 200 Kmart stores in New Zealand and Australia. Kmart holds employees base of around 30,000 staff members to facilitate its retail business operations including commodities sourcing task. Kmart offers a broad collection of general merchandising goods, home brand products and apparel products at affordable prices, which assist company into optimization in customers satisfaction and delivering enhanced value to customers (Wesfarmers, 2017). Wesfarmers holds over 240 retail stores offering customers with automotive service, repair and tyre replacement through Kmart Tyre Auto Service. These retail stores holds team of around 1300 mechanics and apprentice mechanics. Companys another retail venture branded as Target, provides nationwide network of over 300 stores and offers domestic customers with extensive range of products for the contemporary family requirements concerning apparel, homewares and general merchandise. These retail stores engage the team of over 16,000 employees to support its operations in Asia (Forbes, 2017). Strategic business unit (SBU) is defined as section of a business structure, which is completely operational. SBU owes its independent directive approach and vision. A strategic business unit of the business venture functions as separate business entity, but plays significant role in companies overall performance. SBU operates like independent entity but functional status on the recurring basis is reported to companys head office to establish the management information system. It functions separately and consistently focuses around target market to improve overall companys performance. SBU has its own departmental structure and authority to establish its own HR developmental programs. The concept of SBU is most advantageous for organisations holding multiple product lines in their business structure like PG, LG etc. (Palia, 2017). Product/Service line of the company refers to set of associated goods or services of the particular brand, which subsist to cater the customers need through sales. Organisation operates in various brands associated to their typical product lines. The companies interested in expanding their product basket inclined to enlarge existing product lines with their innovative products and services in order to offer wide purchase options to consumers (Chen et al., 2016). Business Unit Revenue Wesfarmers in the financial year 2015-16 has attained increase in profit amounting to $8.6 billion with 8.2% growth in revenue of Department Stores. Kmart as revenue center is acknowledged to drive this increased growth rate. Department Stores total profits for the year was $275 million, which was depicting the sluggish trend of 47.3 % in comparison to the previous financial years (2014-15) performance of the retail division. The reason behind this revenue shrink is recovering loss of $195 million incurred by one of its retail business center Target. In spite of offsetting effect, Kmart has proven its potential through its strong growth and performance in the assessment year. Targets financial performance is inclusive of provision for loss of $145 million of restructuring costs. The allocated provision amount is to be utilized by the management to strategically restructure this business unit. Targets profits are reported increase of $3.5 billion for the year. Fundamentally, Targets f inancials covered with loss of $50 million owing to elevated stock clearance and the impact of a poorer Australian dollar position in the global market (Wesfarmers Annual Report, 2016). Revenue in financial terms refers to earnings produced from sales efforts of organisational products and services. Revenue can also be defined as the return on investment made by business owners into business operations and capital assets acquisition (Wagner and Petera, 2014). External Environment Analysis An external (operating) environment is defined as a group of external elements viz. micro and macro environmental factors, which directly influences the operations of the business entity (Munro and Belanger, 2017). External environment has a direct influence on corporate objectives and managerial strategic decision-making process. Hence, organisational managers required to analyse the intensity of external factors over organisational framework in order to attain sustainable organisational growth in global competitive market scenario. The political environments not only influenced the Australian retail industry but also the performance of Wesfarmers retail store division largely. The increasing market dominance of big retailers has resulted into uncertainty among small retailers and growth stagnancy in the retail industry. Australian Governments recent reform initiative into competition policy safeguards several retailers against extremely competitive business environment and provided flexibility they require to nurture their business (Harkness, 2017). Australian slow-moving economic conditions tend to adversely influencing performance of Wesfarmers. Slump in economic activities of New Zealand and Australia is emerged as a challenge for business operators in retail market. Swinging stock market index and variation in the currency swap rates resultant to downward Australian currency value trend in the global market and have adversely affected the business of Wesfarmers intercontinental retail operations (Woolworths Annual Report, 2013). The recent global business environment is shifted towards promoting and implementing eco-friendly organisational practices understanding there corporate social responsibility. It has been observed that customers prefer those companies that show their social responsiveness by taking social initiatives. Wesfarmers can significantly influence the mind of the customers through enterprising their contributory efforts in social causes (Stubbs, 2017). Involvement of innovative technology into operations of global businesses has been significantly influencing Wesfarmers retail business. Wesfarmers has to engage with innovative technological research and developmental activities through establishment of dedicated RD department in the organisation. RD department will persistently explore innovative technological ideas to improve Wesfarmers product quality and service delivery issues (Balaji and Roy, 2017). The environmental factor like fashion-consciousness and brand awareness, are the key drivers of global consumers reorientation towards their life style, thinking and believes. This dynamic cultural change has a direct influence over the entire Australian retail industry (Demirgunes, and Ozsacmaci, 2017). Australian legislative intervention in carbon pricing has framed new carbon pricing policy aimed to promote investment in renewable energy. Australian economy gains a key foreign exchange revenue chunk through its coal resource (Fankhauser and Jotzo, 2017). Political environment refers to the manner in which the government influences strategic decision-making process and routine operations of business management. Political factors like governmental stability and agenda directly affect sector performance, trade and commerce of the country (Underhill and Rimmer, 2017). Economic environment is a mix of economic micro and macro elements, which directly influences the business surroundings of the country and the business developmental strategy. Economic environment affects business managers decision-making progression through which organisation nurtures its growth path (Courtemanche et al., 2015). Social environment refers to social heritage, which is developed by people living in a specific geographical environment. Society specify pattern of economic activities carried out in physical surroundings and economic conditions. Every social environment possesses its independent cultural values, ethical standards and beliefs (Pavel and Vlad, 2016). Technological environment refers to external factors linked to research and development of innovative technology, which dynamically enhances organisational operational performance Organisational management need to explore the opportunity searching innovative ways of technical improvement in order to attain sustainable growth in the comparative market. (de Waal, van Nierop and Sloot, 2017). Environmental factors refer to external environmental elements closely associated to specific geographic environment. Business environmental study is performed analyzing elements like climate, weather, geographical location, global changes in climate, environmental offsets (Marques, Trindade and Santos, 2016) Legal environment defined as legislative framework including laws and policies of the particular country, which directly influences the business performance and operations (Maric et al., 2017). Source of Sustainable Competitive Advantage The sources of sustainable competitive advantage for Wesfarmers retail division is its outstanding team of employees, commercial excellence, dominant organisational culture, innovation, focused social responsibility and robust financial capability. These key sources assure the company to drive efficient operational performance and attainment of sustainable competitive advantage. Excellent management team and operations - Trained and talented employees workforce backed up with expert managerial team outlines base for constantly efficient business performance and attainment of sustainable competitive advantage. Wesfarmers retail division holds team of talented employees, which assure its lasting sustainable success (Davis, 2017). Commercial excellence - Organisation can attain sustainable competitive advantage through improved production capacity and quality. Organisation can enjoy incremental profit margins by enhancing their volume of production, which tends to reduced per unit cost and ultimately influences turnover figures. Wesfarmers retail division holds strong commercial potential. Its business leaders constantly strive to explore noble ways to reduce the cost of their class of product offerings in order to render optimum benefits to its customers (Androniceanu, A., 2017). Superior product or customer support - Company that has the ability to rapidly supply, products and services as per the consumers changing requirements holds competitive advantage over competitor companies. Wesfarmers retail division holds the proficient customer support team, which continuously analyse the changed behaviour of the customers. Management of the company manufactures or procures products according to the clients changed requirements and feedback (Kuo, Lin and Lu, 2017). Focused social responsibility - The organisational business approach is shift towards promoting eco-friendly organisational processes, as contemporary customers lobby is paying attention to attach with socially responsible organisations. Corporate social responsibility is key to sustainable competitive advantage. Wesfarmers retail division is engaged in employees, customers and suppliers value enhancement through environmental responsibility and community contribution (Martinez-Conesa, Soto-Acosta and Palacios-Manzano, 2017). Innovation - Organisation can achieve competitive advantage through its unique research and development capacity. Well-built research and development programs of the entity influences product development processes. Companies with superior research capabilities lead to innovative and cost efficient product offerings for customers. Wesfarmers retail division is structured around culture that encompasses constant product developmental activities, which encourages innovative and creativity product offerings. Innovative product offerings of the company entail competitive advantage in the industrial competition (Durand, Grant and Madsen, 2017). Strategic Direction Strategic direction is a plan or road map that guides organisational management to attain long-term strategic goals of the organisation. The changing economic trends customized the organisational blueprint and actions of the company, its inner chain of value, mission, vision and innovative expertise in order to attain sustainable growth in globally competitive market (Cosic, Shanks Maynard, 2015). The management of the company is advised to improve its managerial efficiency in organisational technical excellence, cost efficiency and financial growth required to sustain organisational growth in global competition. In addition, company is advised to stick towards strategic priority of corporate social responsibility through their aggressive engagement in undertaking social initiatives. Management of the company is also suggested to implement organic developmental growth strategy with the aim to retain the ongoing culture and adoption of new cultural values along with sustainable growth, which may drive adoption of the change elements implicated into recent global business practices. A recent globalised business market offers impressive growth opportunity for Wesfarmers retail division, which opens up the innovative growth avenue in untouched markets. Company is advised to reap the expansion advantage from globalization effects. Conclusion In view of the above analysis, it is stated that the intensity of adverse external environment to Wesfarmers retail division is significantly high. Unfavorable external economic elements, declining Australian economy, continuous fluctuation in stock market index and variation in the currency swap rates resulted into emerging competition with expertise retailers in the industry. The management of the company needs to review its strategic planning in order to retain its client base and assure its sustainable growth in extremely competitive market. The companys management can also enhance companys asset portfolio in global market through acquisition strategic approach, which benefit organisation in bring in more revenue from approaching opportunities and gain advantages of companys internal dynamism. Reference Androniceanu, A. (2017) The Three-Dimensional Approach of Total Quality Management, an Essential Strategic Option for Business Excellence, Amfiteatru Economic, 19(44), p.61. Balaji, M.S. and Roy, S.K. (2017) Value co-creation with Internet of things technology in the retail industry Journal of Marketing Management, 33(1-2), pp.7-31. Chen, K.H., Wang, C.H., Huang, S.Z. and Shen, G.C. (2016) Service innovation and new product performance: The influence of market-linking capabilities and market turbulence. International Journal of Production Economics, 172, pp.54-64. Cosic, R., Shanks, G. and Maynard, S. (2015) A business analytics capability framework, Australasian Journal of Information Systems, 19, pp. S5-S19. Courtemanche, C.J., Pinkston, J.C., Ruhm, C.J. and Wehby, G.L. (2015) Can Changing Economic Factors Explain the Rise in Obesity?, Georgia State University, pp. 1-60. de Waal, A., van Nierop, E. and Sloot, L. (2017) "Analysing supermarket performance with the high-performance organisation framework", International Journal of Retail Distribution Management, Vol. 45 Issue: 1, pp.57-70. Demirgunes, B.K. and Ozsacmaci, B.(2017) Exploring the Effect of Consumers Food-Related Decision Making Styles on National Brand vs. Store Brand Choice, International Journal of Marketing Studies, 9(1), pp.46. Durand, R., Grant, R.M. and Madsen, T.L. (2017) The expanding domain of strategic management research and the quest for integration Strategic Management Journal, 38(1), pp.4-16. Fankhauser, S. and Jotzo, F. (2017) Economic growth and development with low-carbon energy, Australian National University, pp. 1-25. Forbes (2017) The Worlds Biggest Public Companies, [Online]. Available at: https://www.forbes.com/companies/wesfarmers/ (Accessed: 7 April 2017). Harkness, J. (2017) Competition Reforms Introduced To Improve The Bargaining Power Of Small Business, Dynamic Business, 31March [Online]. Available at: https://www.dynamicbusiness.com.au/small-business-resources/legal/competition-reforms-introduced-to-improve-the-bargaining-power-of-small-business.html (Accessed: 7 April 2017). Kuo, S.Y., Lin, P.C. and Lu, C.S. (2017) The effects of dynamic capabilities, service capabilities, competitive advantage, and organizational performance in container shipping Transportation Research Part A: Policy and Practice, 95, pp.356-371. Maric, R.M., Radnovic, B., Duranovic, D. and Vukmirovic, G. (2017) Socially Responsible Behavior of Sales Staff: Evidence from Western Balkans Supermarkets, Engineering Economics, 28(1), pp.110-119. Marques, S.H., Trindade, G. and Santos, M. (2016) The importance of atmospherics in the choice of hypermarkets and supermarkets, The International Review of Retail, Distribution and Consumer Research, 26(1), pp.17-34. Martinez-Conesa, I., Soto-Acosta, P. and Palacios-Manzano, M. (2017) Corporate social responsibility and its effect on innovation and firm performance: An empirical research in SMEs, Journal of Cleaner Production, 142, pp.2374-2383. Munro, M.M., Belanger, C. (2017) "Analyzing external environment factors affecting social enterprise development", Social Enterprise Journal, 13(1), pp.38-52. Palia, A.(2017) Developing a Strategic Target SBU Portfolio with The Target Portfolio Package. , Developments in Business Simulation and Experiential Learning, 44(1), pp. 167-182. Paul J. Davis, (2017) "How HR can create competitive advantage for the firm: Applying the principles of resource-based theory", Human Resource Management International Digest, 25(2), pp.4-6. Pavel, C. and Vlad, F. (2016) Modern Retail and its Influence on Consumer Behavior, Quaestus Multidisciplinary Research Journal, (9), pp.89-93. Rubera, G., Chandrasekaran, D. and Ordanini, A. (2016) Open innovation, product portfolio innovativeness and firm performance: the dual role of new product development capabilities., Journal of the Academy of Marketing Science, 44(2), pp.166-184. Stubbs, W. (2017) Characterising B Corps as a sustainable business model: An exploratory study of B Corps in Australia, Journal of Cleaner Production, 144, pp.299-312. Underhill, E. and Rimmer, M. (2017) Private governance, state regulation and employment standards: how political factors shape their nexus in Australian horticulture, Relations Industrielles, 72(1), pp.33-55. Vendrell-Herrero, F., Myrthianos, V., Parry, G. and Bustinza, O.F., (2017) Digital dark matter within product service systems., Competitiveness Review: An International Business Journal, 27(1), pp.62-79. Wagner, J. and Petera, P. (2014) Approaches to Revenue Definition and Recognition and Their Implications for Profit and Loss Measurement., Cesky financni a ucetni casopis, 2014(3), pp.20-33. Waqas, M. and Rehman, Z. ( 2016) Separate Legal Entity of Corporation: The Corporate Veil, International Journal of Social Sciences and Management, 3(1), pp.1-4. Wesfarmers (2017) Our Businesses. [Online]. Available at: https://www.wesfarmers.com.au/our-businesses/our-businesses (Accessed: 6 April 2017). Wesfarmers Annual Report (2016) 2016 Annual Report, [Online]. Available at: https://www.wesfarmers.com.au/docs/default-source/reports/2016-annual-report.pdf?sfvrsn=4 (Accessed: 7 April 2017). Wesfarmers(2017)Department Stores. [Online]. 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Was Friar Laurence partly to blame for Romeo and Juliets deaths Essay Example

Was Friar Laurence partly to blame for Romeo and Juliets deaths Paper Friar Laurence is a highly respected Holy, profoundly religious man, that is regarded with respect and has a reputation of deep wisdom with a high social status, as he is well a well-known member of society, in the city of Verona. For many years he has received countless confessions and has strong beliefs in his religion and in life itself. Romeo knows the Friar very well, and he has known him for a long time, Romeo is a very close friend of Friar Laurences, as Friar Laurence would often here many of Romeos problems, dealing with young Romeos dilemmas and lovers, sharing his wisdom and experience with Romeo, to help him through his troubled times. Bringing them closer together, Romeo giving the trust and confidence that he can confide everything with the Friar. Romeo is Cleary very fond of the Friar and would regard the friars decisions and advise often as the very best, and with high priority. Which means Romeo would take Friar Laurences advice seriously and could easily follow any misjudgements that the Friar could possibly make. Both the feuding Capulets and Montagues are close with the Friar, and I am sure Friar would have given countless advice and heard many confessions each family, giving him massive insight and knowledge into both families and the spiteful, ancient dispute between them. We will write a custom essay sample on Was Friar Laurence partly to blame for Romeo and Juliets deaths specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Was Friar Laurence partly to blame for Romeo and Juliets deaths specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Was Friar Laurence partly to blame for Romeo and Juliets deaths specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Friar Laurence would know an awful lot about both families, but he is known as a good man and has (as far as we no in the play) not used this information against the two families, which he could easily do, but obviously he does care, about the families, and particularly in Romeo. After a very short debate and curious interrogations, Friar Laurences quickly ready to marry Romeo and Juliet. But Friar Laurence is surprised by the speed in which Romeo has become so deeply in love with yet another girl, as only a week before was Romeo pouring his heart and shedding many tears over his painful love for Rosaline, in which the Friar had spent many hours comforting Romeo. But no he is so quickly in love with a knew lover that it takes the Friar in someone irritated surprise, So soon forsaken? .. Hath washd thy sallow cheeks for Rosaline! How much salt water thrown away in waste Friar Laurence is stating in this Quotation, and emphasising how amazed and shocked he is at Romeo change in lover, he is saying all the times he has cried over Rosaline has been in vein, when he could not of loved here truly, and just how he has suddenly got over Rosaline. But then Romeo tell of him and Juliet wooing and their marriage, and how deeply in love they are, the Friar Laurence seems to become slightly more convinced, and he vows his alliance, mainly because of their friendship, but I think he may see a further benefit of this love, In one respect Ill thy assistant be, for this alliance may so happy prove, to turn your houses rancour to pure love. Then he offers Romeo some more advice Wisely and slow, they stumble that run fast. Basically he is saying slowly down in your ventures, if you go to fast he will fail, nice and slow and he will prevail. However, I think this sudden dramatic chance in lover, could of dampened the Friars confidence or trust in Romeo actions and Romeos love integrity, as he is shocked of his suddenly getting over his desperate love for Rosaline, as he mentions, Good pardon sir, wast thou with Rosaline? None of this dissuasion in Romeos love integrity and actions is profoundly shown, but I think it could be a possibility, due to the number of hours the Friar spent comforting Romeo for his love for Rosaline, and now for him to simply go and love another woman, this could of irritated the friar a lot. And as the Friar is a wise and intelligent man, this would obviously make him query the reality of Romeos love, but still he doesnt say this to Romeo, he merely states that Romeo could benefit also from it and it could make his dream of true love come true. So I think Friar Laurence isnt telling the entire story of what he thinks or knows to be true. Section 2 Friar Laurence only confides his discrete marriage in the nurse, and there could be several reasons for doing so. One reason is that maybe he only told the nurse because he wants to claim the credit for ending the long lasting feud with the two families, or maybe he simply wanted to help Romeo and Juliet, and doesnt want to be revealed to be involved because he doesnt want to be found out and at the brute of the blame, that the two battling families will inevitably crash down on some poor soul. There could be serious consequences for the marriage, as the thought of uniting one person from each of the feuding families in holy matrimony is laughable, because they hate each other so much. However, on the other hand Friar Laurence could be keeping discrete so he can monitor the outcome of the families reaction, for example if the families took the marriage well, and saw the good attributes that it could have, the Friar would claim the credit for coming up with the plan to marry two of their family members, whereas if the families took it badly and they were in uproar, Friar Laurence would attempt to remain discrete and rid himself of all involvement. But there could be many reasons for the familys acceptance of the marriage, such the marriage reuniting the families and bring peace to the streets of Verona. Using it as an escape route out of the bloody hate that the two feuding families have shared for centuries, and bringing them together. So Friar Laurence may have foreseen the possible outcomes and done all of this in an attempt to help Romeo, but also for a greater good of bringing peace to the two main bodies of Verona. So what if he wants o bask in the glory of the amazing feat that he could off achieved? But I believe he didnt mention the plan to anyone else because it is a very serious matter, and as I said before their could be serious consequences if all went wrong. Section 3 scene 3 Friar Laurence conceals Romeo and sends him away in scene three. Telling no one except those concerned of his plans, and keeping his thoughts and ideas to himself. This plan of his can have many good or bad effects. It could be a bad idea because by concealing Romeo and telling more lies, he is making things a lot more complicated. Leading to him having to wind more webs of lies, this plan also makes him a criminal, and could have some very serious effects on Friar Laurence. This however also shows the Friars loyalty and could emphasize his closeness with Romeo, helping him get away and burdening himself with the high responsibility for Romeo and Juliets lives. He has taken on a huge burden, making it now up to him that everything goes all right and Romeo stays in concealed, as well as the marriage. There can be many attributes to Friar Laurences decisive tactics, such as saving Romeo and Juliets marriage, and possible their lives, because marrying them puts their lives in danger, but they could of committed suicide for being apart like they did at the end, as the Friar possibly has some understanding of Romeos emotions, by hiding their marriage and concealing Romeo he has proved himself very honourable. Whilst Romeo is in hiding, Friar Laurence works furiously to negotiate between and reunite the two families but also to reconcile Romeo, which if it works would inevitably soften the blow of Romeo and Juliets marriage, ad by negotiating the Friar could bring the two families slightly closer together, so It appears that all the Friars motives are o the highest quality, honour and loyalty, because he is putting himself at risk by trying to unite the families and trying to save Romeo and Juliet, and importantly reconciling Romeo, which puts burden and responsibility on him. Section 3 Act 4 scene 2 Friar Laurence after much heartache and dramatically shed tears from Juliet offers a very serious proposition, and possible escape route for Juliet. This is of course the plot to give Juliet a very strong sleeping draught (potion) so she will appear dead, and defying her father and to avoid her marriage with Paris. Again this is a completely secret affair, only Friar Laurence and Juliet knowing, not even Romeo. This plot id a very serious matter, as the outcome could go many ways, and unfortunately no one knows how Friar Laurence wanted the future of the plot to hold, he could of planned it so the two families are so sad of Juliets passing, that it would soften the blow when they find out Romeos terrible deeds, and possibly bring him reconcilement. Hopefully then their marriage to be accepted and the two families to be brought back together, because they would just be pleased with the retuning of their two relatives Romeo and Juliet. Friar Laurence could be keeping this a secret merely because he wants the best for Romeo and Juliet, or he could be keeping low key because h wants to see the initial families reaction, if they accepted the marriage and the families reunited, he would claim the credit and gain much glory and reward, but if they were not to take it well he would maybe deny all involvement. But of course this is not a very priestly dead to commit, isnt his role to reveal truth and encourage honesty? Could he be solely acting out of self-interest? Or is he doing everything for Romeo and Juliet? Either way he has not acted very priestly, but if his motives are for Romeo and Juliet, and for the future of the two families, he has acted very loyal and honourably. As the consequences of the marriage on Romeo and Juliet far excel his own, maybe he is frightened of his bigamous performance of marriage, so providing Juliet with the sleeping potion could be his method of protecting himself. But in the past he has proved much loyalty for both Romeo an Juliet, and all others, out of no self merit or no feather reward than religious and personal satisfaction, and with this plot comes as much danger for his reputation and his life as the reward for bringing the families together, bringing Romeo back and saving the marriage. Also the two families are both extremely powerful, he simply cannot afford to offend either, yet he is putting his life and reputation on the line to save Romeo and Juliet, but if Juliet persists with her threat to kill herself, the truth could come out and the Friar will be blamed, so he could be doing this to keep Juliet quite, or he could be doing it to save the marriage. There is much danger involved, yet he still persists with his dramatic plot, having no escape now, he has preformed the marriage, he is very much involved now, all he can do it go forward and persist. Section 4 In act five scene 3, Friar Laurence asks Friar John to deliver the letter to Romeo, telling all of his plot and of Juliets deep slumber. But Friar John would no take the letter to Romeo, nor would any messenger, due to their fear of infection from Romeo, because they believe he is diseased with evil, and they do not want to catch it to be sent away. Friar Laurence nos that Romeo is not diseased, yet he still will not take the letter to Romeo, Friar Laurence insists upon Friar john taking it but he does not, so the letter explaining Juliet is not really dead never reaches Romeo. Instead Romeo gets the new that she is dead, Friar Laurence should of predicted this and his reaction, because he knows Romeo very well, but I think he may question Romeos love integrity and therefore underestimate his reaction. The correct thing to do for Friar Laurence was deliver this important letter himself, or maybe explain in person. So this was a big mistake of Friar Laurences. Section 5 In act 5 scene 3 Friar Laurence has a very brief told with Friar John, asking him to deliver the letter to Romeo, and to get the crowbar, I cannot understand why Friar Laurence does not get the crowbar himself, as he is the only one that understands the urgency of the situation, and Friar John would be slow in getting it because he does not no of the rush Friar Laurence is in. This could of delayed Friar Laurence quite a bit and could of lead t him being late. I do not believe he took him time purposely because he obviously wanted to get their before Romeo, but maybe Friar Laurence didnt understand the urgency of the situation himself, because he could of misjudged Romeos reaction, so two very big mistakes. Section 6 I think it could have been fate that caused the events to occur in that way, and Romeo and Juliet to commit suicide, and that maybe Friar Laurence could have just been another victim of the events already laid of by destiny, but I believe you can change he stars and fate, and I believe that Romeo and Juliet would not have die if Friar Laurence had judged the situation correctly and arrived earlier. But a whole series of overlaying events happened to make the final devastating deaths happen, so it could have been fate, and no matter what Friar Laurence did the same thing could of happened. Conclusion I think there are many things that Friar Laurence could and couldnt have done to lead to this final dramatic ending. I believe he is partly to blame because he got himself involved and took the responsibility of Juliets life, without taking into consideration Romeos reactions. The friar took to long to get to the tomb, and he made a huge mistake by not giving Romeo the letter in person, or explaining the situation in person to Romeo. But I think Friar Laurence had no intentions of hurting either of them, he proved himself loyal and honourable, and had very loyal motives, he put himself at risk for the better of the two families and Romeo and Juliet, but he obviously did not think through the plan enough and that makes him party to blame. I think he could of prevented them from dying by thinking more about what he was doing and the implications of Juliets fake death o Romeo, but if the Friar had not been involved I think Romeo and Juliet would have just got married by another Friar, so I do not blame him for getting involved, he had no choice, because each of their feelings were so great for each other they would have done whatever it took to be together. So Friar did a loyal good thing and married them, with the hopeful intention he might bring together the too families by doing so, but it was not his fault the feud f the families were so strong, and Romeo and Juliets feelings were so great they could not bear to be apart. I think a large amount of the blame lies with the families, the Capulets tried to force Juliet into marrying Paris, whom Juliet didnt love in the slightest, and with both families because they took the feud so seriously and fought any respects they might have for each other and looked upon each other with severe spite and distaste, that it was all rather petty, if their was no feud, Romeo and Juliet would not have died. I believe Friar Laurence should not be blamed because he was a good man that only had everyones intentions but his own at heart, and he only wanted what was best for the families and Romeo and Juliet, he only made a few mistakes that lead to very dire consequences, but I do not blame him for those mistakes. He may not have acted in a very religious Friar way, and at the start of the plot it was hard to see the Friars intentions and that they werent solely of self-interest, and that his discreetness was because he wanted all of the glory and reward, but this is not the case. I think he kept it a secret and told very few because if anyone else new word would get out and his plan of Romeo and Juliet living together happily, and the families reuniting, would be destroyed.

Self Discovery and Myers Brigg

Self Discovery and Myers Brigg Free Online Research Papers The purpose of self discovery is to discover the truth about who you are and what you want to do with your life. This is easier said than done! The first step I took towards self discovery was when I completed the Myers Brigg. It helped me to discover many traits about myself such as strong-willed and forceful in presenting my ideas. The Meyers Brigg is a self scorable test that helps show you how you like to look at things and how you like to go about deciding. Discovering who you are as a person can be fun, yet surprising. On paper I’m a totally different person than I thought I was. By completing and analyzing the Myers Brigg, I’ve discovered a lot of things about myself that I never knew before. Self discovery has helped me to grasp who I am as a person and to become more aware of my career choices. Now I am considering other options and different career choices. The Myers Brigg also helped me to see what type of study habits I’ve incurred over the years and what type of characteristics I need to acquire for my career choices. My characteristics have been mostly good, but not perfect. I am a good reader, but my mind tends to wonder off. Now that I have a better sense of me, I can carefully decide what path I want to follow. The traits that I have discovered are not set in stone! I can add a few characteristics and tame a few others to make me out to be the best person that I can be. I plan on attending school, work, and my home with a better knowledge of my own preferences, while keeping others’ in mind. I will also strive to be better in all aspects of perfection. It is not an option for me to limit my characteristics to that of an â€Å"ENTJ† from the Myers Brigg assignment. Reading Reading is something that everyone has to do at least one time in their life. Having reading skills can take you a long way in the work place. This chapter discusses various reading techniques needed to be successful. I enjoyed exercise 14 which explained how to relax and take a timed break before going back to reading. Muscle reading is also a technique that was discussed in this chapter and that can help the average person minimize the amount of times their mind may drift off into space. This technique is also a way to â€Å"decrease effort and struggle by increasing energy and skill.† (Ellis, page 125) Learning and mastering the three phases of muscle reading is what I concentrated most on during this chapter. It has helped me to comprehend what I’m reading better. This is very helpful to me because I will be in college for the next three years and being in school requires an extensive amount of reading. My career field, which is criminal justice, also requires a lot of reading, paper work, and good communication skills. Since reading is in fact required for every college course and my career choice, exercise 14 has taught me how to relax more while reading. It has also taught me that it is okay to take a break as long as you’re disciplined enough to come back to it. Before I graduate from Westwood College, I hope to have mastered the muscle reading technique. I have always loved reading for pleasure, but when I have to read for an assignment or work, I instantly freeze up. I don’t want to waste any more valuable time rereading a paragraph because of lack of understanding and comprehension. Now, when I open a book, I will be more confident and sure of myself. Reading isn’t so bad after all, and this chapter helped me to see that. Planning Planning is a key necessity to have in order to be successful in the real world. This chapter explains the advantages of time management and planning. My favorite exercise in this chapter was exercises 5 which consisted of monitoring my days for two weeks and record everything that I do in 15min. intervals. By doing this, I’ve learned that I waste much of my time during the week and get most things done over the weekend. Now that I know that I have bad time management skills, I can work on planning my day according to things I may have to do. There is always a time when someone will say that they don’t have enough time to do something. In reality they’re just not taking the time to plan their day out. I am a true victim of this scenario! Planning has helped me tremendously by teaching me how to avoid the activities that I don’t have to do. Now I can make a list of things to do in order of priority and caring them out successfully. Applying planning and time management to everyday life can be helpful in school, work, and personal activities. I now realize that if I take a few minutes out of my day and plan my week in advance, I can accomplish a lot of things. One major thing is homework and my key graded assignments for all of my classes. There is no time to play around and my grades are important to me. â€Å"Planning involves determining what you want to achieve and how you intend to go about it.†(Ellis, page 61) Research Papers on Self Discovery and Myers BriggThree Concepts of PsychodynamicMind TravelStandardized TestingHarry Potter and the Deathly Hallows EssayThe Relationship Between Delinquency and Drug UsePersonal Experience with Teen PregnancyHip-Hop is ArtAnalysis of Ebay Expanding into AsiaResearch Process Part OneCapital Punishment

U.S economy Research Paper Example | Topics and Well Written Essays - 2500 words

U.S economy - Research Paper Example nce, economic indicators illustrate when the economy falls like in a recession and when the economy grows like during economic development (Griffis, ch.1). This paper will predict the economic future of U.S economy one year from now. In economics, economists develop laws of economic behavior based on the presumption that states do not count, but markets do. In economics, the most important issue is whether the presumptions generate a successful proposition that can be empirically tested and proven to be invalid or reasonable. From this perspective, the major challenge in the economic forecast is the neglect of the function of the state in economic concerns specifically international economic growth. In fact, national activities and policies are significant for economic results (Gilpin, R. & Gilpin, J. 61). Another challenge encountered when making economic forecast is the concept of weak efficiency. Weak efficiency is a theory that assumes that past forecasts play a critical function in establishing present predictions (Dovern 2). In addition, economists are less conversant with the regional cycles and trends hence the problem of predicting changes in these areas. Moreover, the error of incorrect revenue is anot her element that can create a problem in producing accurate forecast on the state of the economy. Also, data revisions pose a challenge to forecasts because when there is a structural change in the economy, the forecasting models need to be changes which may consume much time (Higgins 22). State and national economic predictions assist forecasters to generate an approximation of anticipated revenues from fundamental tax ground on the current price. In addition, other professionals in the budget department use the predictions to plan an expenditure budget and provide recommendations for the next fiscal period (Forsythe & Boyd, memo 3). The economic indicators do not impact the economy in the same manner. Generally, there are three types of economic

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

Rhabdomyolysis - Research Paper Example sed to or he/she may be experiencing low fitness levels and the moment he/she is introduced to intense physical exercises the condition sets in (Carter et al., 2005). The human body is made up of three different types of muscles namely; heart muscles which are very delicate and critical for the survival of human beings, skeletal muscles and finally the smooth muscles. The skeletal muscles are the ones that are responsible for a general movement of the body since they are tasked of anchoring the skeleton at the joints thus facilitating movement. Mainly these are the type of muscles that are prone to infection of Rhabdomyolysis. Rhabdomyolysis is a common condition among the people and is observed to be a major cause of renal acute failure (Hunter et al., 2006). Rhabdomyolysis is more of a lifestyle disease that a chronic medical condition thus it is caused by a number of causes many which are related to the manner in which people live their lives. Some of the most notable causes of Rhabdomyolysis are elaborated as follows. Muscle trauma or crush injuries are the premier cause of this condition, and it is responsible for over forty percent of the reported cases of Rhabdomyolysis. When people are involved in accidents that cause severe injuries in the muscles they will often result in the muscles rupturing and the end result will be the muscle contents being discharged into the bloodstream thus causing Rhabdomyolysis (Eberhard, 2000). Severe burns are yet another cause of this condition which takes place the same way muscles trauma unfolds. When one is subjected to intense burning like that of people being lynched or when a building is on fire the body is going to be mutilated due to the intense heat that will be coming from the fire and as a result most of the body tissues will be destroyed hence causing other complications. For the case of the muscles they are going to be burnt until they rupture thus releasing their contents into the blood hence the