Tuesday, January 21, 2020

Internet Censorship Essay - Filters Help Improve Morality :: Argumentative Persuasive Essays

Internet Filters Help Improve Morality Hello there. My name is Apple Internet Macintosh, known to most people as "iMac". I was born a very long time ago as an Apple Computer; computer nerds keep updating my brain and I seem new and young every new year. I know it is hard to understand, but actually it is really helpful to my users. Most of my users mainly use one of my programs, which is the Internet. Sometimes my users don't use this in a good way and look at nasty and sick sites. I don't like looking at these sites and change is needed. The Internet first came to me and many of my other computer friends from the ARPANET project, a defense related project to help the army become more educated in technology. It came together between UCLA and Stanford in 1969, when UCLA students tried to log "onto the Stanford computer and try to send it some data". Problems occurred, and some major events took place; then, in 1976, networking was available to many, and the Internet was off and running (Gromov). Today you can even shop from home and have products delivered right to your doorstep using the Internet. The Internet is a great way to find anything that you need and even find a loved one you haven't heard from and want to get in contact with again. To do this, there are many search engines on the world wide web that help you find what you are looking for. Some people abuse this help to find porn sites, bomb-making sites, and other dangerous sites. There are many people that use the web every day learning new ways to be sick minded such as making bombs to blow up buildings, killing people, and looking at naked bodies of children. Not only are these sites available, but there are sites out there that teach young people how to damage their bodies by starving themselves or how to hurt others by making weapons. I am not alone in my decision to stop this nonsense. People use my program in many ways, but there is also a different side of this picture. Take the events of September 11, 2001, for example. There are many web sites out there that support Osama bin Laden and his actions. A boy from Florida, for example, flew a small plane into a multi-story bank building trying to recreate the events of September 11, 2001.

Monday, January 13, 2020

Invisible Man Essay

In Ralph Ellison’s Invisible Man, the character of Trueblood is unique and well developed. Trueblood is a man who impregnates his wife, and at the same period of time commits incest and impregnates his daughter. This character’s reasoning for having sexual relations with his daughter is that he was dreaming when this happened; a feat that while fantastical, could also be plausible due to Trueblood’s nature. Trueblood, while a moral character aside from his transgression, is also oblivious. A good example of this happens on page 48 when Dr.  Norton asks â€Å"You feel no inner turmoil, no need to cast out the offending eye? † to which Trueblood replies â€Å"I’m all right, suh. My eyes is all right too†. Regardless of his ignorance, Trueblood shows remorse for his actions, and believes that a â€Å"man don’t leave his family†, which attests to the morality of the character. Much like the Invisible man, Trueblood found his own morality which did not exactly follow society’s guidelines. When explaining his situation, Trueblood brings up the issue regarding awareness of reality, since according to him he has sex with his daughter during a dream state. As he describes it on page 59, the dream seems to be a metaphor for what actually happened: â€Å"I runs and runs till I should be tired but ain’t tired but feelin’ more rested as I runs†¦ Only I’m still in the tunnel. Then way up ahead I sees a bright light like a jack-o-lantern over a graveyard. It gits brighter and brighter†¦ it burst like a great big electric light in my eyes†. Trueblood comforts himself by saying â€Å"You ain’t guilty†; he does not admit his guilt since he does not see fault in what he did since he was not in control of himself. This is his perception of reality. Again, this unawareness of reality is parallel to the Invisible Man’s life, who cannot see anything as real until understanding he is invisible. The way Trueblood has been treated by the white community, however, seems to be one of the major issues. Before impregnating his own daughter, he claims his life to have been hard: â€Å"Every time I think†¦ what a hard time we was having I gits the shakes† and â€Å"it was cold and us didn’t have much fire†¦ I tried to git help but wouldn’t nobody help us†. After his sinful act, surprisingly enough, it was the white community which came to his aid. Not only are the police ssisting by giving Trueblood protection from the black community, but also assisting by giving him money. To this, Trueblood says â€Å"I done the worse thing a man could even do in his family and instead of chasin’ me out of the country, they gimme more help than they ever give any other colored man† (67). Again, morality is the theme here – the white community is treating Trueblood in a way as if rewarding him, even though his act was actually reprehensible. While this could be seen as the white community’s moral obligation to assist someone who was ostracized from their own community, it could also be seen as moral hypocrisy.

Sunday, January 5, 2020

Women Today Compared With Women Of The 18th Century Essay

Women vs. Women Women in the 18th century are similar yet different from the women of today. In the time era of the 1800’s appearance was very essential to women as it is in the present times. Fashion, skin care, and mouth hygiene was and is the three most important forms of appearance and hygiene. Firstly, Fashion in the 1800’s consisted of high-necked, long sleeve dresses with a corset underneath. A Corset is a lace-up shirt generally bought one or two inches smaller than the woman’ waist size to make the wearer look skinnier. Corsets often were so tight that the woman wearing one would pass out from lack of oxygen. In the 1800’s woman literally died to be thin. Today, woman act the same way; however, the women do not wear†¦show more content†¦Women back then were told to cut a hole in the middle of a lemon, fill the hole with candy, burn it, squeeze the juice out, and proceed to rub the lemon juice on their faces. It was expected to clear and clean out the por es on the woman’s face. Today, women have products made for them. From lotion to acne cream, the women of today indulge in beauty products to make their skin look healthier, shinier, and clearer. Thirdly, who cares for shiny skin, if bad breathe overpowers a person’s looks? Women in the 18th century were persuaded by society, three times a day, six times a week to drink a mixture of spring water, lemon juice, ten drops of hydrochloric acid, and sugar. In the 20th century, society has breath mints and tooth paste to prevent unpleasant breath. Neither proves harmful to the body contrasted to hydrochloric acid, which has been confirmed to cause cancer. In closing, looking great today, in the 20th century, may not cost a woman anything but money, but women in the 18th century usually paid with their lives. Although, not all women died in that time frame, it was ridiculous and irresponsible for women to care so much about their appearance; however, they are not alone in the ir actions. The women of today also act irresponsible and ridiculous in their actions. Paying to look skinner with a life or with money is very childish. In many ways, women in the 18th century differ from the 20th century women, but though-out history, human nature manages to bindShow MoreRelatedFemale Oppression : A Woman s Vindication For Her Rights1657 Words   |  7 PagesA Woman’s Vindication for Her Rights During the 18th century, the lives and treatment towards women differed greatly from women compared to today. The liberties and accommodations for women that we are accustomed to in our modern age did not exist back then; and when it came to what women were allowed to do in the 18th century, men typically governed and made all of the decisions. Writer and activist Mary Wollstonecraft defended the rights of women; and instead of merely falling into â€Å"her place†Read MoreThe Women s Suffrage By Susan B. Anthony1195 Words   |  5 Pagesthat as I ignore all law to help the slave, so will I ignore it all to protect an enslaved woman.† This quote by Susan B. Anthony, stated during the women’s suffrage movement, illustrates the hypocrisy women faced during the late 1800’s. Furthermore, it displays that women’s rights can be compared to that of an enslaved human being instead of a free United States citizen. Throughout American history gender inequality has been a prevalent, ongoing, concern. Sherna Berger Gluck’s novel, From ParlorRead MoreThe Invention Of The Industrial Revolution1463 Words   |  6 Pages One cannot decide the time or era in which one is born. Fortunately enough, I am thriving in a society where technology allows me to gain access to a relatively easy lifestyle compared to those who lived in the 18th century. Prior to the 18th century and pre-industrial times, the way one sustained and obtained means for survival transformed fairly insufficiently. However, once the Industrial Revolution ignited throughout Europe, the course one’s of livelihood forever changed. While the AgriculturalRead MoreHenrik Ibsen s A Doll House1563 Words   |  7 Pagestraditional marriages. Ibsen portrayed the generous nature root into women by society, as well as the significant action of this nature, and lastly the need for them to find their own voice in a world ruled by men. Ibsen wrote this play in 1879, this is the era where women were obedient to men, tend the children until their husband came home, and stood by the Cult of Domesticity. The cult of Domesticity stated that first, women must be more religious than men, second be pure in heart, mind and bodyRead MoreThe Transformation of Europe Essay1252 Words   |  6 PagesEurope of the 18th Century would be unrecognizable compared to its current state. However, the road to this new Europe has been not been all kicks and giggles, but a rather rough and tumble journey. Due to the introduction of new ways of thinking, the occurrences of multiple revolutions, changes in government style and leadership, which led to the creation and extinction of numerous countries as well as rearrangement of boundary lines, and the formation of a European Union, Europe today is hardly comparableRead MoreThe American Criminal Justice System873 Words   |  4 Pagesdifferent categorize and whether or not it will be classified as a felony, misdemeanor or an infraction. A victimless crime is a crime that goes against societies values, norm but the people involved with these criminal acts do not feel victimized, compared to if t hey were being robbed or murdered. In order to make an educated opinion on a topic one must understand the history, controversy surrounding the topic and the different possible reforms being argued on what steps to take on the future of theRead MoreCandle Making Through the Centuries Essays772 Words   |  4 Pagescandles were developed by the ancient Egyptians. These candles, known as rushlights or torches, had no wicks and burned slowly. The Romans were credited for the first creation of candles with wicks, the ones that resembled the candles that are used today. Many other early civilisations developed wicked candles with the use of waxes extracted from various plants and insects. The Chinese made candles from moulded paper tubes, using a rolled rice paper for the wick and wax taken from seeds and indigenousRead MoreLetters from an American Farmer Essay1211 Words   |  5 Pagesunder the idea that every man and women is created equal. However, the definition of what makes a person an American is entirely different from what it is that makes up America, itself. J.Hector St. John Crevecoeur, author of Letters from an American Farmer (1782), exposes what he believes makes an American. However, when compared to the standards of what makes an American in today’s world, it seems that becoming an American then was much simpler then, than it is today. The definition of an AmericanRead MoreEssay about Womens History Then and Now1572 Words   |  7 PagesDuring the 18th and 19th century, patriarchy has been responsible for designing womenâ₠¬â„¢s role in society. Throughout history, men have been deemed as superior while women have been regarded as inferior. Society has this ideology that women are the sole laborers of a household; they were not granted the same privileges as men. In addition, women have been negatively affected by stereotyping. Women have been portrayed on television as being submissive to men. The depiction of women on television portraysRead MoreThe Importance Of Education842 Words   |  4 PagesI am in awe that education is seen as mandatory today compared to the past. How much can one learn if they are being forced? People should indeed have the choice, because after all, this is America- the land of the free. Education is displayed today as the only way a person is going to succeed in this world. To my surprise, the amount of universities have indeed increased an astonishing amount. There must be other ways that the society can have importance. I am truly amazed. In order for a person

Saturday, December 28, 2019

The Character Flaws of Macbeth Essay - 845 Words

The Character Flaws of Macbeth Since The Tragedy of Macbeth was written there has been speculation about the cause of Macbeths downfall. Readers ponder whether Macbeths fall was caused by a flaw in his character, Lady Macbeth, or an outside force of evil. Although the witches set a certain mood and Lady Macbeth exerts a certain influence on him, Macbeths downfall is caused by his own character. Macbeths tragic flaw in character was the paradoxical pairing of his ambition with his passivity. Throughout the play we see many examples of Macbeths conflict between his ambition to attain the crown and his passive attitude towards the actions that are required to obtain it. Macbeths ambition is first†¦show more content†¦This inner conflict between ambition and passivity, or unwillingness, is later illustrated during his second encounter with the three witches. The witches apparitions cause Macbeth to be filled with a new sense of ambition and urgency: From this moment The very firstlings of my heart shall be The firstlings of my hand. And even now, To crown my thoughts with acts, be it thought and done; The castle of Macduff I will surprise; (IV, i,46-50) Only after learning that Macduff has fulfilled the last of the witches prophecies does Macbeths ambition again change to passivity and unwillingness. Macduffs taunt (Then yield thee, coward (V, viii, 23) is the only thing that arouses the last of Macbeths ambition before he agrees to fight to the death: I will not yield,/To kiss the ground before young Malcolms feet,/And to be baited with the rabbles curse (27-29). Macbeths internal combination of ambition and passivity create his susceptibility to the witchs prophecies and allow him to commit murderous deeds, but his unwillingness to take action-and to do evil-create his internal conflict that ultimately leads to his downfall. Although Lady Macbeth tries to goad Macbeth into action, it is Macbeths character flaw that causes him to take action. At first Macbeth is unwilling to murder Duncan, citing his loyalty to DuncanShow MoreRelatedMacbeth was doomed by fate or by a flaw in his character.847 Words   |  3 PagesESSAY: In the play Macbeth by William Shakespeare, it is very controversial whether or not Macbeth was doomed by fate or by a flaw in his character. It could be argued that Macbeth was doomed both by fate and by a flaw in his character. On one hand, the role of the witches influence could be regarded as a major external force that exploited Macbeth s character flaws. However, on the other hand, Macbeth s ambitious nature and greed for power was the flaw in his character that ultimately led toRead MoreMacbeth Response : Analytical Essay945 Words   |  4 PagesMacbeth Response: Analytical Essay The story of Macbeth is a tragic one, and his demise is mainly due to his character flaws. A character flaw of his is blind ambition. As the story progresses Macbeth goes to further and further lengths to keep his position as king. He is also a follower; all his actions are the result of things that other people have told him. He also has a lack of confidence, which leads to him doubting his actions and having strong feelings of guilt that affect his mental healthRead MoreIs Macbeth A Tragic Hero Or A Tyrant? Essay920 Words   |  4 PagesIs Macbeth A Tragic Hero Or A Tyrant? Macbeth, one of Shakespeares most emotive plays, is set in Scotland during the 11th Century and follows the downfall of a man who is led by temptation to mass murder and cruelty. Macbeth, at different stages in the play, demonstrates many of the characteristics of both an evil tyrant and a tragic hero. However, a tragic hero is defined as a great man who falls because of a fatal flaw and Macbeth bests fits this description. ThereforeRead MoreSimilarities Between Macbeth And Banquo1118 Words   |  5 Pagesways. Characters in literature often reflect this same phenomenon, foil characters with identical aspects who react differently to circumstance. In Shakespeare’s tragic play Macbeth, Banquo serves as a foil character to Macbeth emphasizing Macbeth’s unchecked ambition, a fatal flaw, that leads to his ultimate moral decline. At the beginning of the story, Shakespeare establishes the foil between Macbeth and Banquo to show a thriving Macbeth before he succumbs to his ambition. Both characters beginRead MoreMacbeth and Washizu: the Tragic Heroes971 Words   |  4 Pagesplay Macbeth, and film Throne of Blood, Macbeth and Washizu are the main characters that fulfill the definition of a tragic hero. They implement M.H. Abrams definition of the tragic hero because they have flaws that lead them to their reversal of fortune, which cause them to evoke the pity and fear from the audience. Macbeth and Washizu also demonstrate how they are better than we are, which indicates that they have a higher moral worth that amplifies the tragic effect. First, Macbeth andRead MoreMacbeth, By William Shakespeare1425 Words   |  6 PagesMacbeth Just Can’t Wait To Be King Everyone has a quality that they do not like about themselves. Some people struggle to be social, others may be too controlling of people. The list goes on and on, but the point is that everybody has a particular quality that they must learn to control or else that particular quality can get out of hand. Of course, one could write a list of characters that have major flaws. There is no better example than William Shakespeare’s character, Macbeth, in The TragedyRead MoreMacbeth Tragic Flaw Essay1604 Words   |  7 PagesShakespeare’s ‘Macbeth’, is ranked among the four great tragedies of the world, of ancient as well as of modern times. The concept of the tragedy is Elizabethan. These tragedies are basically tales of suffering that ultimately result in death. The protagonist in these tragedies is not only notably placed socially but is also conspicuous for his qualities of head and heart. In the tragedy, the society is largely affected by the fall of the su premacy of the central character. Like, in Macbeth, the decadenceRead MoreThe Tragedy Of Macbeth By William Shakespeare1052 Words   |  5 PagesBrandon Hunter Mrs. Gaestel English II 2 October, 2015 â€Å"Tragedy† of Macbeth Macbeth, a play written by one of the most influential English writers of all time William Shakespeare. It was created to be a Shakespearean tragedy. A tragedy as Aristotle defines it as: â€Å"Tragedy, then, is an imitation of an action that is serious, complete, and of a certain magnitude †¦. through pity and fear effecting the proper purgation of these emotions† (Aristotle: Poetics). What this is saying for a tragedy isRead MoreHow Does the Play Macbeth Follow What Is Expected in a Shakespearean Tragedy?1249 Words   |  5 PagesShakespearean play Macbeth follows what is expected in a Shakespearean tragedy by containing characteristics similar to all Shakespearean tragedies. These are the fatal flaws in Macbeth, the fall of noble, respectable man with great qualities, Macbeth, and Macbeths terrible murder of the King in order to obtain the crown, which causes absolute chaos. Macbeths character contains fatal flaws that cause him to do evil. These fatal flaws are a limitation to Macbeths otherwise worthy character, and theyRead MoreMacbeth As A Tragic Hero893 Words   |  4 PagesSeidewand Andreacchi February 13th 2017 ENG2D1-02 Macbeth as a Tragic Hero A tragic hero can be described as a character obtaining heroic qualities that is, at the same time, destined for their own downfall. Unfortunately, Macbeth is an example of a character that has this title. In Shakespeare’s time during the writing of the play was the reign of King James of England, and the play ‘Macbeth’ reflects on Shakespeare’s own relationship with this king. Someone of great

Thursday, December 19, 2019

President Abraham Lincoln, An Innovator And The Only...

Encourage Innovation President Abraham Lincoln once advised George McClellan, â€Å"if we never try, we shall never succeed (Phillips, 1992).† Lincoln was an innovator and the only American president to hold a patent. He constantly pushed his generals during the Civil War to move the war effort forward and he considered mistakes to be â€Å"learning events, or steps in the right direction (Phillips, 1992). In addition to encouraging his generals, Lincoln personally sought out new weapons such as repeating rifles and other equipment. Lincoln’s desire for an advancing and innovative army was critical to the survival of the union. In my professional career, I find myself frequently asking my subordinates â€Å"can we do better?† Typically, when I ask that question, I have already answered it my own head, â€Å"yes.† However, at times, I get asked that same question by my boss, and become annoyed. I quickly come to the realization that the answer to his question is also a yes, and I somehow missed it. Like Lincoln, I am reminded that the best leaders never stop learning and if we never try, we will never succeed. Learning is a critical part of innovation. I am blessed to work for a supervisor who has many great leadership characteristics. I consider Chief Michael Haworth a mentor who has instilled many of the same characteristics in me over the years. Assistant Chief Michael Haworth has secured the support and funding to allow our agency to innovate technologically over theShow MoreRelatedFrederick Douglass Essay766 Words   |  4 Pageswithout suffering and hard work, how much less a nation.† According to Carlyle, the action of reforming is not easy to do for yourself, let alone for a whole nation of people. While many revolutions have tried, only a few have successfully reformed the people around them. Such innovators include Frederick Douglas, Charles Darwin and Steve Jobs. Frederick Douglass was one of the revolutionists that reformed the world while also going through hardships. In 1818, Frederick Douglass was born a slaveRead MoreThe Impact of the Industrial Revolution in America Essay1184 Words   |  5 Pages There is no question that the Industrial Revolution had an enormous impact on American society between 1870 and 1940, but the question is what kind of an impact did it have during this period. The overall effect of the Industrial Revolution turned out to be a positive push towards modernization in America. As Stephen Gardiner, a British architect and writer during the 20th century, said, â€Å"The Industrial Revolution was another one of those extraordinary jumps forward in the story of civilizationRead MoreThe Great Man By Martin Luther King, Jr., And Winston Churchill2364 Words   |  10 Pagestheories, tying elements of them to some of our most well known leaders and also compare and contrast specific components of the leadership style s of two individuals: former President of the American Nurses Association, Barbara Blakeney, and former U.S. President, Abraham Lincoln. Through this analysis it will become clear that not only are great leaders not born, but the process by which they are made depends on an array of elements so varied as to defy categorization or definition. Integrity, InspirationRead MoreThe Reconstructive Obama Essay4311 Words   |  18 PagesThe Reconstructive Obama It is ambiguous as to how President Barrack Obama shapes our politics in terms of our political regime, but it can be determined through the present outcomes of his leadership today. In The Politics Presidents Make, by Stephen Skowronek, describes that there is a life-cycle of inaugurated presidents through the history of the United States. A political regime is defined as a full cycle of presidents that induce change in our politics until it is repeated again. ThroughRead MoreBoyer Dbq Teacher Guide10764 Words   |  44 Pagesmade economic use of pre-existing North American ways of life. E—Berkely Discourse—Shows the raising of tobacco for export and the precarious financial basis of this economy. Students may point out that this type of economy required slave labor and that the development of other export crops, including rice, other grains, and indigo, helped southern colonies later on. DBQ 2: The Reasons for Declaring Independence in 1776 From previous instruction in American history at earlier grade levels, studentsRead MoreThe Studio System Essay14396 Words   |  58 Pages principles. Cultural, social and economic changes ensured the demise of this system after the Second World War. A new way to run Hollywood was required. Beginning in 1962, Lew Wasserman of Universal Studios emerged as the key innovator in creating a second studio system. He realized that creating a global media conglomerate was more important than simply being vertically integrated. Gomerys history tells the story of a tale of two systems using primary materialsRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 Pagesand Paul Buhle, eds., The New Left Revisited David M. Scobey, Empire City: The Making and Meaning of the New York City Landscape Gerda Lerner, Fireweed: A Political Autobiography Allida M. Black, ed., Modern American Queer History Eric Sandweiss, St. Louis: The Evolution of an American Urban Landscape Sam Wineburg, Historical Thinking and Other Unnatural Acts: Charting the Future of Teaching the Past Sharon Hartman Strom, Political Woman: Florence Luscomb and the Legacy of Radical Reform Read MoreImpact of Emerging Markets on Marketing15122 Words   |  61 Pagescreating altogether new markets for branded products and services. Second, all advanced countries are aging, and aging very rapidly. As a consequence, their domestic markets are either Journal of Marketing Vol. 75 (July 2011), 166–182  © 2011, American Marketing Association ISSN: 0022-2429 (print), 1547-7185 (electronic) 166 stagnant or growing very slowly. Their future growth seems more destined to come from emerging markets. Third, worldwide liberalization of trade and investment, bilateralRead MoreDeveloping Management Skills404131 Words   |  1617 Pagesinjected into the bloodstream, implanted in eyeglasses, or included in wristwatches. Predictions of the changes that will occur in the future are often notoriously wrong, of course, as illustrated by Thomas Watson’s (founder of IBM) prediction that only a few dozen computers would ever be needed in the entire world, Thomas Edison’s prediction that the lightbulb would never catch on, or Irving Fisher’s (preeminent Yale economist) prediction in 1929 (a month before the crash) that the stock market hadRead MoreLibrary Management204752 Words   |  820 PagesFactors Influencing Ethical Behavior . . . Figure 15.2. Multiple Loyalties of Information Professionals . . . . . . . . . . . . . . . . . . . . . Figure 15.3. Normative Framew orks . . . . . . . . . . . . . . Figure 15.4. The Code of Ethics of the American Library Association . . . . . . . . . . . . . . . . . . Figure 16.1. A Model of the Communication Process . Figure 16.2. A Classification of Types of Media According to Their Communication Richness . . . . . . Figure 16.3. Five Styles of Handling

Wednesday, December 11, 2019

What make a good student free essay sample

What Make A Good Students Nowadays, academic Is the most important thing to determine ones success. It Is undeniable as most of the country in the world used national exam as a root In their education. It Is a common thing to see that there are three categories of students In school which are good students, moderate students and bad students. However, nobody In this world want to be in the third categories which are bad students, that causes all the students to compete with each other. Nothing can be done without a well planning, in order to be a good students, one must have self motivation, rganized work and respect teachers. First and foremost, a good student must have a self motivation. Self motivation means a need that arouse someone behaviour toward a goal. A student with self motivation is intrinsically motivated. They are ready to learn a new thing and gain more knowledge. We will write a custom essay sample on What make a good student or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page They also easily learned or absorbed what had been taught by the teachers. Edwards (2016) observed that in order to succeed one must have a dream or a vision and he must completely devote himself to Its ultimate fulfilment. A self motivated student will not give up upon their failure, but they would strive hard and ecide which method Is worthy to achieve their goal. To conclude, self motlvatlon Is needed In order to be a good student. Beside that, organized work is also one of the factor that lead to a good student. A good students organized his task and schedule well. For instance, they make a daily timetable and listing up their homework according to its priority. They also do not procrastinate their work. Vallerand and Bissonnette suggested (as cited in Senecal, Koestner Vallerand, 1995) that the way students regulate their behaviour can have herculean effects on academic outcomes such as curiosity, perseverance, learning, xecution, affect and self esteem. A good student also has a good discipline. They disciplined themselves to follow the schedule given to them without complaining. To prove, a good student devised their work. Next, a good student must have a respect toward his teachers. This can be done by being obey to all of the teachers command and never moaned about it. Showing respect is the fastest route to good ethics (Putnam, 2003). That is the prove when we respect teachers, other things will come in their way that its also lead to good ethics. For instance, a student can show his respect toward a teacher by helping him/her to ring a book, or photocopy notes for the subject. Any of the teacher would appreciated these little things and feel free to help you anytime regarding your studying problems. A student must maintain a good relationship and respect his teacher as It was the root In becoming a good student. In a nutshell, In able to be a good student, one must have certain kind of attitude. A good student must respect his teachers. Besides, devising his work and have a the capacity to discover their strength and weaknesses ( Zulfa, 2013, June 30 ). This can help a student to improve their weaknesses and lift up their spirit to be a good tudents.

Wednesday, December 4, 2019

Stock market free essay sample

Although privatization may reduce the value of BCE but may increase liquidity for BCE. * Consumers- Interested in maintaining services with BCE. Privatization may result in an improvement in quality since the new owner(s) would attempt to improve the company after takeover. * Employees- Interested in maintaining their jobs. Winning or losing is unknown as intentions of the new owner(s) are unknown. Strategic Oversight Committee- Interested in maximizing shareholder value and would be considered a winner if privatized. Examine and comment on the reaction of the stock and bond markets to the various key events in the litigation time line. In the early part of 2007 BCEs stock had been trading around $30 per share and the value of the bonds were around $122. In April 2007, Ontario Teachers’ Pension Plan(Teachers’) filed a Statement of Beneficial Ownership (Schedule 13D) notifying the Securities and Exchange Commission of their intentions to attempt a leveraged buy out of BCE. We will write a custom essay sample on Stock market or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Once it was made public that BCE was a LBO target the stock and bond markets reacted drastically and inversely of each other. The stock price soared to $39 per share, a 21% increase in value. Meanwhile the bonds suffered a sharp decline going from $120 to $109, a 10% decrease in value. This is typical of a situation in which a company is threatened with a hostile takeover because the target firm is struggling and the potential buyer will add value to the target firm. The added value will drive the stock prices up as investors expect an upswing in the value of the target firm. These trends were expected to continue to fluctuate until a purchaser won the auction process. On June 26, 2007 it was announced that Teachers’ won the auction process with a winning bid of $42. 75 per share. The winning bid would entail Bell Canada to take on $38. 5 billion in debt that would result in a downgrade of the BCE bonds credit rating to below investment grade. Bond prices fell from $109 to $105 during this time period while the stock price rose slightly to $41 per share. During the time period between the approval of the bid and the injunction filed by the bondholders with the Quebec Superior Court prices for stocks and bonds varied. This was to be expected with the uncertainty surrounding the Courts decision as to whether or not they would allow or suspend the sale of BCE to Teachers. By the time the Court made their decision on March 7, 2008 to allow the sale of BCE to resume, the bond values fell an average of 18% from April 2007. Meanwhile the value of the stocks remained about 20% higher than when the LBO process initially started. Following the Superior Courts decision the bondholders filed an appeal in a last ditch effort to reverse the Courts decision. Though the appeal process would not stop the decreasing value of their bonds. The bondholders were hopeful they would win their appeal and prevent the bonds from being downgraded, which would return value to their bonds by not increasing the debt of Bell Canada. While the process of appeal was being heard by the Court of Appeals, the value of the bonds decreased even further trading at a low of $90. At the same time BCEs stock was trading between $35-$39 per share. The Quebec Court of Appeal decision came on May 2008 and shockingly sided with the bondholders. The Court stated that the Strategic Oversight Committee did not consider the unfavorable effect a downgrade in credit ratings would have on BCE bondholders that would be forced to sell their bonds at a severe loss. Following the Quebec Court of Appeals’ decision to overrule the Superior Courts decision the value of BCEs stocks suffered a severe decrease, dropping from $39 per share down to $33 per share (a 15% loss in value). Meanwhile the bondholders’ expectations were met and it showed in the increased in value of the bonds, as they rose from $93 to $104 (a 11% increase). 3. What were the major differences in the Revlon case and the Quebec Court of Appeal’s approaches to how the board should weigh the various stakeholder interests? The case of Revlon, Inc. v MacAndrews amp; Forbes Holding Inc. led to a revolutionary decision in regards to hostile takeovers. The responsibility of the board of directors is typically to act in the best interest of the corporation. However, the U. S. Supreme Court of Delaware determined that when the sale or breakup of a firm is inevitable, the fiduciary obligation of the directors of the target firm change considerably. The court deemed that the fiduciary obligation, when firms’ are â€Å"in play† as a takeover target, must now be merged with the best interest of a firms’ stockholders by securing the highest purchase price possible. Thus a firm would enter into an auction process whereby they would obtain the maximum price available, which Revlon did not do. Ronald Perelman, CEO of Pantry Pride, initially approached Revlon Inc. in regards to a negotiated or if need be a hostile takeover at a price range of $42-45 per share. The initial offer was rejected and when Pantry Pride revised their offer, it was apparent that Revlon would be sold or broken up. Prompting Revlon to take defensive measures such as a poison pill, adopting a Note Purchase Rights Plan, and the repurchase of five million out of thirty million shares to help prevent/delay the takeover. Revlon then entered into negotiations with Forstmann and eventually approved the leveraged buyout via Forstmann by means of providing inside financial data, a lock up and a no-shop agreement. Revlon’s’ fiduciary responsibility to shareholders was violated by failing to receive the maximum price per share possible as it was known that Pantry Pride would exceed any offer by Forstmann. These actions destroyed the bidding process for Pantry Pride, prompting them to file an injunction with the Delaware Supreme Court. Where the Delaware Supreme Court found Revlon’s’ agreement with Forstmann was insufficient in attaining the maximum price possible. Though the cases against BCE and Revlon have similarities there were major differences in the actions taken by each firm. BCEs leveraged buyout was opposed by debenture holders from one of its subsidiaries (Bell Canada). While in the case of Revlon, Pantry Pride a potential buyer of the firm challenged the buyout deal by Forstman arguing that they would have provided a better offer for the shareholders. Meanwhile Bell Canada’s debenture holders argued that the buyout would devalue their bonds by lowering the credit rating of these bonds to below investment grade. Creating a problem since the majority of Bell Canada’s debenture holders were restricted to investing in investment grade bonds. The resulting downgrade in the credit rating of said bonds would force these debenture holders to sell their bonds at a loss, to the tune of an eighteen percent loss. At the same time the value of stockholders investments increased by forty percent, wherein lied the problem for BCE. Under the precedent set by the Revlon case the winning bid (for BCE) would be recognized as fair and acceptable. Though in light of the conflicting claims from Bell Canada’s bondholders, the Quebec court of appeals perceived the acceptance of the buyout as biased towards the stockholders. Also, the Court of Appeal found the process to be flawed by disregarding the interests of the bondholders by not considering the thirty million dollars of debt taken on by Bell Canada. So, the Court held that, â€Å"there is no principle that one set of interests — for example the interests of shareholders — should prevail over another set of interests. †3 Thus the court rejected BCEs assumption that they were protected under the preceding Revlon line of cases that supports the interest of shareholders prevails when conflicted with the interest of creditors and other stakeholders of a firm. Ultimately the Quebec Court of Appeals determined that merging the interest of a corporation with shareholders was not enough. They reasoned that the best interest of all stakeholders of a firm should be considered when a company is an LBO target. Implying that bondholders and other stakeholders of a firm must be considered by the board of directors in determining the best course of action during a takeover. Another major difference in the LBO’s was process of guiding the firms through the hostile takeover attempts. Revlon was in exclusive negotiations with only two firms and they took defensive measure to ensure that Forstmann would be the purchaser of the firm. While BCE conducted an auction where the highest bid was granted the right to purchase firm. 4. As a member of the BCE’s board, what course of action would you recommend? As members of the board of directors, we would recommend a restructuring of the traditional focus for conducting business in the best interests of only the shareholders. Many corporations have many stakeholders who are affected by the decisions made by the board of directors for the corporation. At BCE we learned that the best outcome for shareholders can negatively affect the bondholders, not to mention employees, suppliers, consumers and so on. We should attempt to work out a sale of BCE but find a suited buyer which can accommodate the interests for a majority of the stakeholders, If not a perfect overall solution for all stakeholders, sort of a win-win strategy. With our current situation, we should create a decision tree of sort and identify the stakeholders affected, whether negatively or positively and determine the best course of action. Next we should determine how to accomplish such an action. Maybe a refinancing of debt or even a chapter 11 reorganization (although this may devalue the stocks of the corporation by increasing risk exposure). In following such an approach, the board can justify their decision in front of any court of law, and prevent any potential lawsuits. BCE is a publicly traded company and should make their decisions as such†¦ as how it would affect the public.