Course Syllabus Financial Management

If you miss class some interesting things may also slip away. Students also have to read and research for their homework or assignments. Plan yourself and time carefully from the very beginning of the course before you countering read shocks or frightening. Grading Policy Your course grade will be based on a total of 1 00 possible points: Classroom participation and attendance (10%) Assignment (20%) Quizzes Midterm Examination Final Examination (40%) Total (100%) Your final grade will be based on your performance in homework/ assignments, quizzes, class participation and exams.Please note the dates of the exams listed on the course outline. There will be no makeup exams. An unexcused absence from an exam will be counted as a failure for that exam. Two unexcused absences from exams will be counted as a failure for the course. There will be no extra credit assignments. The final exam takes the form of two-hour and closed book exam, unless otherwise specified by the instructor, in which will be held in week 18th. However the specific date for this exam will be notified later. The midterm exam will be held in one hour basis and in your regular class during the week 8.There will be periodic quizzes, which are in very two weeks. Quizzes will be announced one week in advance. The quizzes will be given at the end of the class and each quiz will take no more than 15 minutes. The quizzes will generally consist on multiple-choice questions. The lowest grade will not be considered for the computation of your final grade. Performance on these quizzes, as well as your contributions to daily dialogue in class, will be factored into your class participation grade. They will also be used to check class attendance.

Retail Sector in Uk

THE UK RETAIL SECTOR Retailing is one of the major economic sectors of United Kingdom, with retail sales of ? 221 billion, employing around 3 million people and operating over 300,000 shops. Within the sector there is a scale polarisation at both the business and the store level. The leading retailers are huge, multinational businesses which dominate the sector. They operate a range of stores from major hypermarkets and supercentres through to small convenience stores. Retailing is also significant it its social dimension as well.Whilst economically retailing bridges production and consumption, in social terms it effects most of the population every day. It is the rare person who does not go shopping, or indeed has not worked in retailing or been involved in it in some way. For some, retailers offer their major social intercourse of the day or week and act as a social network, setting or centre. The quality of UK retailing and its locations thus has both an economic and a social bear ing on the perceptions of the country.COMPETITIVE ANALYSIS 1. 1 Political Structure and Trends The activities of retailers and thus shoppers are affected by the political structure and trends in a number of ways. It would be wrong, however, to see this as a direct relationship derived through a body of legislation specifically targeted at retailing or shopping. Instead, trends in retailing and shopping are more dependent on a number of national debates and initiatives that have been developed recently by various levels in the political process.The main direct effect that politicians have on retailing and shopping is through their exercise of power over location through the levers of the land-use planning system. Whilst land-use planning is a local authority activity, national government can intervene to provide directions and guidance on the assessment of development opportunities and proposals. Whilst land-use planning towards retailing in the 1980s allowed decentralised activity, since the early 1990s there has been a growing consensus on the tightening of restrictions on off-centre and green field evelopment. Thus it has become much harder to obtain planning permission for developments away from existing town centres and newer forms of retailing such as factory outlet centres and regional shopping centres have become harder to accommodate. This consensus has emerged through a general concern with the health of town centres and a desire to see town centres as vital and viable parts of the urban structure, fulfilling traditional nodal activities, including providing a focus for shopping.Whilst land-use planning affects the location of retailing, other instruments of government can affect the operations of the business, although as we note there is no overall retail trading legislation. Instead, shoppers are affected by a battery of public policy which attempts variously to regulate competition, safeguard consumer interests and to regulate trading conditions. Recent changes in this arena have seen an easing of restrictions on trading hours for example but a strengthening of powers over retail selling and employment practices. Concerns over public health have led to tighter regulation on food stores.In essence the approach could be summed up as ensuring that retailers do their jobs properly and that there is as much a level playing field as possible. Again there is no reason to suspect that this will change, though the scale of the legislation will change as globalisation continues in this market. Big retailers will be created on a pan-European level and will be subjected to standard operating conditions across for example Europe, which safeguard consumer interests. The European dimension obviously has another political aspect as well, most notably in terms of the Euro.Whilst decisions about the Euro are beyond this report, retailers as a key service sector, will have to deal with its introduction (or not). For some this is already antici pated through their acceptance of Euros in the UK, their Irish and continental European experiences and in their forward planning of technological (eg POS) investment. Smaller retailers in particular however may be less prepared for any positive decision. Overall there will be costs in implementation, as well as potential trading disruption depending on timing of introduction. 1. 2 Economic Structures and TrendsTo a considerable extent, the economic structures and trends driver for change operates at such a macro-level of the economy that it is very hard to consider it in any detail. The general economic position of the country will condition to a great extent the outcomes retailers experience from the shopping activity. Thus the volume and value of retail sales is of importance in this arena, but it is hard to be certain of magnitudes looking forward. Political policy can have an impact by its promotion of certain sectors and locations in the economy, in pursuit for example of grea ter social inclusion and a fairer distribution of wealth.However alternative policies could equally be considered. The economic structure also has an affect on the retail landscape through the encouragement or otherwise of the construction of landscapes for consumption. Businesses have to be willing to invest in the built environment and to feel comfortable that such investments will make a return. Probably the only safe assumption to be made is that the broad economic structures will remain in place and that in the future Britain will be economically approximately ranked similarly to where it is now in the world.Taking this assumption, then it would seem that we can expect many of the trends we have seen in recent years to continue. Thus, there would seem to be scope for further growth in retail sales, if we take a broad definition of retailing. There will be developers wishing to invest in the UK in commercial property, but much of this development may take the form of redevelopme nt or enhancement of existing locations. The exceptions to this might be purpose built new facilities in areas of identified deprivation, though the exact form of these facilities will be open to question.The economic structure has an impact on retailers and retail structure. British retailing is dominated by large corporate chains, many of which are head-quartered outside the country. Whilst there is in a sense a requirement to improve local knowledge to meet consumer needs, large retailers have demonstrated that computing power can be used to understand markets. Knowledge management becomes a key element in the future economy. There does not seem therefore to be any particular reason why current trends towards bigger and foreign retailers (eg.Wal-Mart) dominating more of the market should not continue, although they will probably structure some of their activities on a national (ie. local) basis. There will be opportunities for local and new retailers, but overall the market struc ture is likely to remain dominated by such big and increasingly global players. The interaction of the political will and the economic situation of the country and locations and individuals within the country will be important in determining the affluence of otherwise of the population, and thus the attractiveness of sites for retailers.This personal disposable income is critical to the future of locations, though it is tempered by the aspirations and lifestyle choices, and the costs of these eg. monthly rental of satellite television reduces out-of-home shopping. Most recently there has been announced major investment in the country’s infrastructure, funded in part by increased tax and NI revenues. This could affect perceptions of affluence and personal disposable income for years to come. More worryingly perhaps is the possible pensions timebomb which is currently being exposed through the switch out of final-salary schemes.Continuing concerns over mortgage payments based u pon endowment policies and the high level of credit in the economy reinforce these worries. Socio-Cultural and Lifestyle Aspirations Changing socio-cultural and lifestyle considerations have fuelled much of the change in shopping and retailing in recent years. Attitudes and beliefs as well as wants and needs have been transformed. They continue to develop and further change can be expected. In particular, attitudes to work and leisure are worth identifying separately as they are potentially so important.Modern consumers are a mass of contradictions, many of which are inexplicable on any rational basis. Some travel miles by car, damaging the environment, to refill a plastic bottle which costs virtually nothing, or to place bottles in a bottlebank located on a superstore car park. Branded products with a conspicuous logo are purchased in preference to identical generic products selling at a vastly reduced price. People pay 50% more for a 30% smaller microwaveable pot of baked beans ra ther than have to open a tin and heat the product ‘normally’.Ready-washed salads or chopped vegetables in their millions are purchased to ‘save time’ or to cover up for lost culinary ‘skills’. Understanding and predicting change in this arena is therefore a little difficult. What can be said is that there is a tension in this aspect of shopping. On the one hand consumers have ever broader experiences and expectations that have been increased by their exposure to new events, horizons, ways of doing things etc. So holiday experiences are brought back and combined with UK products and behaviours. Things that are seen in TV programmes become available in local stores.On the other hand, the very nature of the global experience, particularly through leisure products such as TV and cinema, tends to reduce things to the lowest common denominator – Pringles, Coke, Gap, Nike – and it is no coincidence that the majority of exemplars are Amer ican. This differentiation/similarity paradox will also emerge in other ways, and in particular in terms of the attitudes and belief statements of individuals and the way they translate these into shopping actions. Single-issue causes are fundamentally important now and look set to remain a force.Attitudes to corporate or government activities may lead to both small-scale individual behaviour changes but possibly to more aggregate corporate behaviour changing movements. The ‘battle’ over GM foods and the rapid development of organic food sales are examples of the start of this rather than the end. Consumers and businesses will spend a lot of time in the future working out their positions on issues and changing behaviours appropriately. However, the number of individual positions by their very nature will outnumber choices available.This points to a continuing fragmentation of much of consumer demand, but overlain by certain common themes. For retailers, identifying thes e themes early will be critically important and reacting quickly will be vital. The issue of mobility is complicated. It is clear that people’s understanding of mobility has been transformed in a number of directions. The overall perception of mobility has extended significantly. This extension is both in terms of the mental view of locations and travel and a dramatic extension of what may be possible and also a willingness and ability to actually travel.The location of holidays and the influence this has on price perception and product purchase is one example of this. The willingness to travel longer distances to shop on a regular or an irregular (shopping centres) basis is another. It is also the case that as we are spending more time ‘on the move’, our needs in consumption terms have changed. We need to be able to consume as we go (food, music, information etc) and retailers have changed locations, products and shop formats to adjust to this. 1. 4 Demographic Structures and TrendsShopping and retailing are obviously heavily dependent on people, both as an industry, but also as the basic consuming unit. Changes in the population structure and the location of this population, as well as the make-up of the households in which people live, are fundamentally important to retailers and to understanding the shopping future. For example, population growth in specific locations or of age-groups of people encourage or discourage retailers to construct the retail environment differently.The ‘baby-boomers’ or ‘Generation X’ concepts have their reality in the shopping behaviour each group carries out and the demand for experiences and products they exhibit. Similarly, the growth of children as consumers and acknowledgement of the spending power of the â€Å"tweenies† represent new foci for retailers and service providers. Similarly, the breakdown of the nuclear family and the rise of single person households changed t he consumption landscape, both in non-food because of the absolute number of households, but also in food due to pack size issues and so on.More but smaller households will have an effect on the type of products and services purchased and the shopping trips undertaken. In short, understanding likely future demographic structures and trends provides a good base from which to examine future shopping, and because of the nature of population dynamics provides us with a solid foundation of understanding. New births notwithstanding, we have good estimates of population demography for the next twenty years.Population estimates for the UK suggest that there will be in the next twenty years an extra 4 million people in the country on the current base of 58 million. It is forecast that current trends will continue leading to a substantially older composition of the population than at present. There will be significant growth in the 45+ age groups, many of whom will be young in body and mind a nd will be able to finance their consumption (a group of time rich/cash rich). There is within this also an increase in the 75+ age group which will present significant issues for the delivery of shopping opportunities.The ageing of the population will present an opportunity to target older consumers, but it would seem to be likely that the differences within this group will be as great as differences between the 45+ age group and other groups. The ageing of the population has another dimension of interest to retailing. Retailing is a traditional user of young people and the workforce in retailing has been seen as being more youthful and transient than many other sectors. With a decline in the youth cohort and a large increase in older consumers, retailers are going to have to question their hiring policies.Some retailers have been aware of this for some time, but it is going to become a wider phenomenon. Older consumers are going to want to be served by older well-informed staff an d retailers are going to have to draw on this older workforce in order to keep their stores staffed in the first place. Willingness to work and the expectations of work for these groups may be much changed in the future. 1. 5 Product and Process Innovation Of all the drivers of change, the one that is most obviously in the news with respect to shopping and retailing is that of product, or more particularly, process innovation.The rapid development of the digital revolution, linked on occasions to the development of electronic commerce has caught the imagination of many, but perhaps blinded them to some of the pitfalls. Despite the fall from grace of the B2C Internet, most large retailers have a web site and are seriously exploring the opportunities or dangers of this new channel. The implications of this wave of experimentation for home delivery and for the very nature of retail organisations needs to be considered.In short, is the Internet the new way of shopping and retailing, whi ch will eventually conquer all, or is it a small additional channel of limited impact? Whilst it is crucial to consider the possible implication in this area, it is important to emphasise (unlike perhaps the UK Foresight process) that retail futures are not all technologically based or driven. Product innovation is almost impossible to predict due to the rapid development and innovation of technology and other components. There are some possible ‘straws in the wind’ associated with developments in miniaturisation, communications and digitisation.Books, videos, films and music may all be transformed by product changes associated with new mechanisms for making, storing and communicating such material. Beyond that however it is almost impossible to predict what new products will be around and futile to attempt to predict in any detail what we will be buying. Process innovation is however another matter. The process of shopping has for well over a century been composed of m ultiple channels, but process innovation in the form of e-retailing is challenging the balance amongst these channels, chiefly because the nature of the medium has changed.In addition, the current implementation of e-retailing has the scope to change the nature and cost structures of retail activities. The â€Å"traditional† model – in which the customer via self service undertakes most of the shopping tasks (and bears the costs) -changes with many tasks and the associated costs transferred to the retailer. The retail business economics of e-retailing differ from those of store based retailing. Predicting the extent of Internet or e-retailing take-off is foolhardy given the breadth of experimentation and the pace of change. It is however worth reflecting on the use to which the new format is being put.It would appear that e-retailing is being used in three different ways at least for shopping. First, there are sites and opportunities that are essentially price driven. The focus is on getting the cheapest price for the product. Secondly however some sites are being used to provide a form of service delivery. In this case, products are sought because they are special, unique, different or distinctive or because they are hard to find and thus a broad data source is needed. In short, the Internet can allow the breadth of retailing to be consulted more quickly than might otherwise be the case.It is possible to identify a third type of use, namely the time-saver, when basic components of shopping (provisioning? ) are routinised into some form of home delivery service. These three illustrations are themselves further (and this time ‘virtual’) examples of the categorisation of shopping behaviour outlined earlier. With the exception of downloadable digitised products such as video and music, most products purchased remotely will require some form of home delivery system. Shopping in the real world, with the exception of mail order places the onus for this aspect primarily on the consumer.However, Internet retailing separates these activities and thus reinforces the distinction between purchasing and obtaining. In order to obtain virtual purchased goods, home delivery points will probably be needed and solutions will need to be found to the problems of delivery timings, people absent deliveries and the like (though other solutions are possible focusing on local stores/distribution points). It is also the case that one of the conventionally perceived benefits of Internet retailing, namely the removal of many car journeys, might be obviated by the expansion of local home (or workplace) delivery services.In terms of process, the emergence of the Internet has also had effects ‘behind the scenes’. 1. 6 Environmental Changes and Trends The UK is a congested set of islands, although this can be overstated by those living in the South East of England. As such the environmental aspects of shopping and retailing are p articularly important given that the sector is a large user of land and the consumers are travellers to and from locations. Retailing of course is not only about consumers moving products, as shops are the commercial end of an entire supply chain.The way in which land is used for retailing and the retail supply chain have not remained static and there is good reason to presume that this will continue. Similarly the design and architecture of retail locations is not static and plays a considerable role in both the construction of the ‘feel’ of the retail location and experience and also, in environmental terms, its efficiency and effectiveness. Retailing uses land and locations for its physical activities. Consumers tend to travel to the store or shop components of this system.Space use by retailers has changed dramatically with broad trends towards the polarisation of shop size. In the main this has not led to any particular problems over space although many retailers h ave sought the prime locations. However some problems have been felt in secondary locations as concentration and competition effects have washed through the system. All the pressures being identified thus far suggest that there is not going to be a dramatic increase in space needs but rather that it is the quality of the space that will be most important. Current estimates of retail space, from CB Hillier Parker, suggests a stock of over 1. billion square feet of gross shop floorspace, which translates into 524 million square feet of net floorspace. Of the total gross floorspace 17. 7% is in â€Å"managed† retail environments (town and out-of-town shopping centres and retail warehouses), compared to 13. 5% in 1990 and 8% in 1980. Longer term however, it might be that existing space may be more problematical leading to either wholesale transformation or re-use as something else. Retail Sector Structure Size and Scope of Retail Sectors As has already been indicated, the definit ion of retailing has become more problematic.The horizontal and vertical blurring of activities and boundaries means that putting precise dimensions on the sector as a whole, and any component sub-sectors, is more difficult than before. Many examples of the issues abound, but we could for example contrast the coffee shop in the local Tesco, to the purchase of take-away sandwiches at Pret-a-Manager and the purchase of sushi for lunch at Sainsbury. Are they all retailing? Similarly Tesco sell pre-packaged insurance at the store but the same ‘product’ is available via the telephone and from banks and brokers. Where do we draw the line for retail sales?Even Delia Smith’s cookery programmes on the BBC could conceivably be seen as a retail activity, given the direct correlation between transmission and product purchase. The boundaries of retailing are highly blurred and volatile and government conceptualisations and statistics focused on product are not necessarily the most appropriate or helpful. There has been growth in product purchase, though of course in most cases the products themselves have not been static. New products have been introduced and dramatically changed categories, as computers replace typewriters and sunglasses, watches and fashion jewellery are sold by clothing chains.In non-food we can point to new products such as CDs and mobile phones, and in food ready meals would be a simple example. Furthermore in most product categories the range and choice available has expanded Organisational Structure and Competition As major retailers have grown in scale, so they have expanded their activities into new domains. With emerging scale has come a greater degree of knowledge and power in the channel. The pace of growth of retailers has been greater than for many manufacturers. Allied to operational changes such as the development of retailer brands and the better knowledge of consumer atterns and trends, retailers have reconstructed the traditional supply chain. In essence a dominant retail organisational type has emerged, characterised by strong vertical power which has been used to control, administer and command supply chains. Major retailers have also been involved in the use of horizontal power through their construction and reconstruction of the retail landscape. Where retailing locates and the form it takes has been transformed by the activities of major retailers and developers. Decentralisation is a key theme in this, and ‘waves’ of off-centre or out-of-town development have been identified.In most cases, these developments represent retail formats (eg. the food superstore and non-food retail warehouse) that can not readily be accommodated in existing centres. Such new locations tap into consumer needs, but have an impact on existing retailers and customers not able to travel to them. Moreover, they are in virtually all cases operated by major retailers and thus reinforce the competitive imba lance amongst organisational types. International Opportunities and Threats British retailers have had a chequered history in terms of international operations.At the same time, Britain is an open market and retailers who wish to enter the market can in most cases do exactly as they wish. The exceptions to this are those formats eg. Supercentres, which are constrained by land-use planning on the grounds of space use and various dimensions of impact. Essentially though the UK is a retail supermarket with the best bits of many retailing cultures. This open market is illustrated by the growing presence of many non-indigenous retailers in British retailing. This presence has been generated both by organic growth and by takeover.It encompasses most, if not all, retail sectors and formats. An increasing proportion of UK retail sales is therefore being captured by non-UK businesses operating here. This inward investment is a threat to the main ‘British’ retailers in competitiv e terms. Whilst international activity is risky, the retailers coming here are entering in many places a cosmopolitan market and one used to purchasing non-local products or travelling abroad. As such it seems not to matter to consumers where a retailer is from or who owns whom. If however competitive action combined with technological change eans that more imports are then generated and managerial head office positions, including research and development, are located outside the country, then these should be issues of concern for the country. For retailers entering this market, they have to adapt to a different (generally higher) cost structure and this can create difficulties for their positioning and performance. It is not likely that the pressure from overseas retailers will subside. Britain is a large market with a relatively small number of major cities and centres.For retailers looking for organic growth and being town or shopping centre-located, entry is relatively easy. Mor e problematic is the entry for free-standing or off-centre stores, where sites may not be as available. More likely however is entry via take-over. Given most major UK retailers are publicly quoted, such an entry is available at any time at the ‘right’ price. Whilst it is true to note that British retailers have not been overwhelmingly successful when they have internationalised, there is emerging evidence that some leading UK retailers are now seeing success.In a number of sectors, leading retailers have expanded across the globe, but particularly into Europe and Asia. Some of this expansion is due to opportunities to buy companies at reduced prices, and some is due to knowledge gained as international sourcing has expanded. Retailers such as Kingfisher, Tesco, and WH Smith are well known international retailers and have imported some of their experiences abroad back into their UK formats. Other smaller chains have also internationalised capitalising on niche strengths (eg Signet, Courts, Body Shop, Lush, Carphone Warehouse, Game, Thomas Pink).

Crisis communications plan Essay Example | Topics and Well Written Essays - 500 words

Crisis communications plan - Essay Example Hence, appointing an experienced Public Relations Officer to take charge of CCP is vital to its success. A good crisis communication plan will contain the following key elements. First, it should have gotten the endorsement of the Director of Communications. Second, it should contain a list of clearly designated employee responsibilities. The information contained in the plan would have gone through verification and clearance checks. It will include a lits of media contact points and also contain details regarding local public health agencies. The plan will clearly identify who the spokesperson is going to be as well as identifying members of the Emergency Response Team. The efficiency and speed with which the crisis is dealt with is in itself a key element (and the first step) of a good plan. Later, the drawn up plans need to be communicated to the stakeholders through proper Public Relations procedures. This usually involves publication and coverage of the crisis in media outlets s uch as newspapers and television stations. In most instances, a crisis situation never gets covered in the media, probably because the story is not newsworthy.

Is recruiting efforts, promotions, prejudice, and retention of Research Paper

Is recruiting efforts, promotions, prejudice, and retention of minority officers a source of stress within a law enforcement agency - Research Paper Example Therefore, the qualification and experience of such individuals take the center stage of considerations. However, the recruitment, promotion and retention of the minority groups calls for further considerations, other than their suitability; in terms of qualifications and experience. In this case, the vulnerabilities of the candidate, which makes them to be in a meager position than the rest, who have qualifications and experiences are considered, with the aim of giving such candidates the opportunity, since they cannot compete with the rest effectively, owing to their vulnerabilities (Shusta, Levine, Wong, & Harris, 2005). This causes stress because; there are chances that such candidates might fail to perform well in the job, despite having been favored over the others. On the event that such candidates fail to deliver as expected, yet they were favored on the basis of their race, gender or origin, it will cause stress to the other partners at work, since they could feel that the best qualified candidates would have been recruited, promoted or retained (Wirth, 2001). More than to the employer who might feel that they did not get the best qualified candidate for the job, the qualified candidates who lost the job to the minority candidate feel more stressed out. Law enforcement agencies are sensitive and particularly prone to great dangers, on the event that they are not run by qualified and the most suitable candidates (Arnesen, 2007). Therefore, the application of affirmative action, requiring that the minority groups are favored during recruitment, promotion or retention serves to put such agencies at risk of having individuals, who may not be as qualified and experienced with the work, as the other candidates who were disqualified to pave way for the minority. The stress will be borne by both the law enforcement agency and the minority candidate; since the candidates will always feel that they are in the job

Women and Film Essay Example | Topics and Well Written Essays - 500 words

Women and Film - Essay Example In her revised ‘incarnation’ as Madonna, the average American must be enjoying a hearty laugh to look at the badgered hair, unclean strapless taffeta outfits and dotted black leather. It also indicates Madonna’s influence in the fashion world of America in that period. Fashion of the 80s is not just the symbol of change in lifestyles, financial and social status. Rather than the external embellishments, it refers to the inner world of the personalities and gives lessons for the spectators. The director has chosen the utilities like dress, acting mode, talk, interaction and behavior to make the audience understand, what happens when a mask is identified with a real face. The story relates to the psyche of housewives like Roberta who are fed-up with the routine of the middle class with nothing exciting and challenging happening in their lives. In this specific case, Roberta’s hot tub-selling husband ignores her. She desperately wants to come out of the cob-web of life of a stereotype housewife and achieve something sterling in life. She finds excitement in the relationship of Jim and Susan and their style of communication. Destiny plays its part and when Roberta is mistaken for Madonna, she is in a peculiar predicament as she has to survive with Madonna, Jim and her husband and the mob—desperate to know what the truth is! The message of the movie is profound. It highlights the level of desperation and the moves the housewife makes to breathe the air of freedom, when she has to live with her feelings suppressed and where she does not even have the freedom to choose the haircut that she wants. There is a reason why the director chooses the â€Å"free spirit† of Madonna in the movie. In the 80s culture, Madonna has great impact on the world of entertainment in America and her style is most copied, majority of women revere her as the role model. In the culture of the 80s, she is

Don Quixote by Miguel De Cervantes Research Paper

Don Quixote by Miguel De Cervantes - Research Paper Example But as he went along, it became a highly entertaining and wonderful story, â€Å"quite as adventurous as any old –time romance, full of humor , abounding in wisdom an the very day things of life ,and to a certain extend ,of human nature â€Å" (N L Carrington). The theme of this novel is the tragedy that befalls those who are incapable of realizing the change of times and stick on the values and manners of a bygone era . The story which is a panorama of captivating events embodies the life, manners and milieu of medieval Europe which even at the time of his writing were outdated. The name of the book in Spanish is â€Å"E1 Ingeniso hidaldo Don Quixote de la mancha†. The hero Alonso Quixado belonging to place called La Mancha is a member of the lower nobility.(hidaldo) .He is tall and lean, about fifty years old , with cheeks that appeared to be kissing each other on the inside of his mouth, a neck half-yard long . Books of chivalry and adventure, which became very com mon in the fifteenth century, had been his obsession. Innumerable such books he has read with relish and enthusiasm. As a result, his mind is steeped in gripping accounts of enchantments, battles, challenges, wooing and agonies. He has thus lost his sanity. He fancies that he can make himself a knight errant and roam the world in full armor, righting every kind of wrong and exposing himself to peril, thus he will reap eternal renown’s as the undoer of injustice, the protector of damsels, the terror of giants and the winner of battles. In the book Don Quixote he himself says â€Å"I know I’m capable of ...of being all the Twelve Peers of France, and all the Nine Worthies as well, for my exploits will be far greater than all deeds they have done all together and each by myself† The novel is a highly amusing account of how this strange hero living in a make-believe world of medieval romance and adventure tries to make good this boast. The first thing he does is to change his name in keeping with the glorified office of a knight. The pedestrian Quixado thus becomes (Don Quixote of La Mancha, â€Å"Don ‘being the title reserved for the highly sophisticated and upper class in society, equivalent to ‘Sir’ In English. A knight was expected to have chivalric lady love. And he gallantly chooses a sturdy farm –lass, to whom he was never uttered a word, and gives her the name Dulceniadel Toboso. The next requirement was a mighty steed. A white but sickly and lean horse he manages to get from his family stable, and renames it Rocinate. A Set of ancient metal armor, helmet, sword and spear he is able to get from a dark room in his house and this serves as his knightly equipment. The armor and helmet are too large and heavy for his lean and lank body. But It is with supreme satisfaction that he whereas the armor and wields the weapons although the onlookers find him totally grotesque and funny. His knightly pose is complete onl y when he takes with him, as his squire or assistant, Sancho Panza, a stupid fat and short farmer from the neighboring village, According to stories of chivalry, the squire is to follow the knight –errant on another horse, but as they fail to secure a horse, Sancho Panza rides on a donkey. Don Quixote gives Sancho all kinds of promises including that of the governorship of a newly conquered island, and the foolish squire believes in all that completely. The ludicrous situations created by this pair going out in search of adventures are of unending interest

Sexual Exploitation of Children Research Paper Example | Topics and Well Written Essays - 3250 words

Sexual Exploitation of Children - Research Paper Example To be precise, these offences have created a huge impact on children’s developmental needs, which in turn, at a larger scale, may impose strong negative impacts on the society as well. Sexual abuses involve a huge amount of psychological sequel and imposing a serious impact on the personal development of the children (Bonnar-Kidd, 2010). However, it has been observed that the child sexual abuses are often the result of physical aggression committed from the end of the offenders, which can be controlled by developing the mental state of the abuser to a certain extent. Hence, with this understanding, societies have today become engaged with developing their strategic rehabilitation programs to curtail the instances of child abuse (Bloom, 2004). Emphasizing this particular issue, the research aims to identify the rehabilitation program for child sex offenders as well as the identified effectiveness of such programs towards reducing the cases of sexual abuse of children to offer e ffective solutions from a critical perspective. Sexual offenses can take place on a wider spectrum that might be committed in the form of rape and other crimes. Sexual offenders have been prevalent in all the sections of the society wherein most of the cases were referred to as inter family issues. The child sexual abuse, also referred as child molestation, that have been occurring in the various sections of the society, are further observed to impose strong negative impacts on the mental and cognitive developments of the child victims (Tabachnick & Klein, 2011). It is quite evident that majority of the offenses often remains unrecorded, leading to the failure of the authority to take proper steps that would allow to effectively handle the effect of the instance (Gelb, 2007). Owing to the fact that the victims of the sex offenses are mostly children who lack adequate awareness or

Company's strategy Essay Example | Topics and Well Written Essays - 500 words

Company's strategy - Essay Example The companies argue that they are not responsible for telling consumers about disadvantages of their products because it will eventually ruin their income and business. The customers in the case study had to search the internet in order to find expected disadvantages of obesity food. The food researchers are working to find, pinpoint and solve health problems caused due to usage of fast food for number of years now (Hill, Wyatt, Reed, & Peters 2003). The court established a comment that said that the company was not at all the only source of information on the side-effects of fast food and therefore, the claim of the plaintiffs is invalid. The legal authority also added that the food chain never requested nor forced anyone into eating their stuff. The company held on to the point that they are not liable for providing information about the quality of the food. But, if one views the case from a societal angle then, the company had a duty to inform the customers about the side-effects of the products. Still, the businesses do not consider ethics as the core and composite part of the business and say that their concern is profitability and because of this reason, ethics are rated at a much lower rank. However, various stakeholders of the company view the case study in a very divergent and different way. Nevertheless, customers considered themselves as betrayed by the company.

Kikujiro and Kitano Movies Movie Review Example | Topics and Well Written Essays - 1500 words

Kikujiro and Kitano Movies - Movie Review Example Indeed, as a follow up to his most notable work "Hana-bi," or "Fireworks," this film seems to have gone unnoticed for the most part because of its veering toward the usual Disney-like story of a crabby old man hitting the road with a dejected kid, but then, we're talking about Kitano. He was able to make the movie look fresh, original, and even surprising. He was also able to show that his works shouldn't be stereotyped at all to the yakuza films he made, which are filled with "juxtapositions of life and death, ugly violence and beautiful serenity - and usually end bleakly with suicide." The movie may be looked into as somewhat having two unique parts, with the first part the more gilt-edged portion. The first half focuses on the journey for the most part. The audience follow the seemingly incompatible pair through various risky adventures such as when they hitchhiked and raced among cyclists. Everything else that happen afterwards has its foundation on the search for Masao's estranged mother in another part of Japan and surprisingly brings on laughs. The second part isn't that quite spectacular though. ... The result is that some scenes became a drag to some because of repetitive scenes of adults acting like children such as when Kikujiro forms an assorted crew of misfits to play with Masao and have them dress up as aliens, Indians, marine life and even watermelons. Nevertheless, with Kitano's concept of building a friendship between the most unlikely of people, it really makes for an admirable and interesting story. It is also interesting to note that Masao's scrapbook seems to provide the structure for the movie giving each chapter a fair description. Each chapter offers a well-defined character that is, in different turns, hilarious, playful, surreal, disturbing, and heartbreaking. For one, Kitano is bold enough to use a child molester as an unlikely source of black humor and subject of any child's nightmare. The variations in tone between the chapters help in orchestrating unexpected tonal shifts and works to add to the context of the story. The theme: Alienation and inclusion Kitano was also able to look into the theme of both alienation and inclusion in his very own Japanese society. In fact, the two main characters, and even most of those who help the duo along their journey, can all be considered as unwanted by the society as they were not really a part of any conventional family or group structure. The characters, on the other hand, who live a more unquestioned lifestyles are frequently conflicting with the movie's protagonists. At the onset of the story, Kikujiro reacts to their alienation with anger while the nine-year old Masao with sadness. But along their expedition, they begin to discover similarities between themselves and the circumstances in Toyohashi become a turning point for the protagonists to