Tuesday, June 30, 2020

Animation Influence in Pop Culture - Free Essay Example

Just like in animation, culture is varied throughout all the parts of the world, from food, style, history, traditions, art, fashion and even in religion. In other parts of the world, the word has a complicated meaning, since culture is varied worldwide and has no fixed meaning. However, no matter what the meaning is or the differences, the one thing culture has in common everywhere is that it can be learned and understood, if one wants to understand the culture of other countries, worldwide. American Cartoons, Comics and World War I II American cartoons are very popular not only in America, but in other aspects of the world, going back as early as 1909 to 1920, before and after WWI. WWI was when comics were used as a means of distracting someone from the reality of destruction and the loss of lives in the war. Ironically, comics were not ones to shy away from cartoon violence, murder or even death but during this time, the early comic artist and storywriters did the opposite, with the risk of many banned subjects being challenged. One comic in particular did touch on the subject of WWI; Charleys War by Pat Mills, which tells the story of the main character. Englishman Charley Bourne, as he grew up from a 16 year old boy to a married soldier, during the war and how he dealt with it. However, the comic was classified as being offensive and childish, to cover up the harsh reality of war being a serious thing. Comic makers also have to be wary of how they create their comics, as it could spell out major trouble if they went too far; i.e. on an international level unless we are talking about aliens or space. However, comics took a big change after the end of WWII, where the theme of war was not acceptable and either had to be toned down or discarded all together. An example of this is this comic page, featuring Usagi Miyamoto, an anthromorphic rabbit (who sometimes crosses over with the Teenage Mutant Ninja Turtles franchise). The comic talks about death and war, but to soften the topic, the characters are all anthromorphic animals instead of humans to make the subject seem a little more lighthearted but at the same time, serious in a sense, since Usagi was seriously angry of the lost of his leader and was annoyed that the others werent as upset as he was, until he understood why and also, the time period where they were set was beyond WWI: 4th Century Japan. So, cartoon characters at the time lessened the topic and reality of war, by the humor and the fact that they were animals and not humans. The Birth of Disney Studios and American Animations During WW1, in 1928 Walt Disney created Mickey Mouse, who would be known as a great cartoon icon worldwide. Originally, his name was to be Mortimer Mouse, until his wife Lillian convinced him to change it. Many people believe that Steamboat Willie was the famous mouses first cartoon, when in reality his first short was Plane Crazy. However the latter didnt receive as much recognition, so it was almost forgotten. The former however, saved Walt Disney and his company from facing bankruptcy. It wasnt long before the studio was making more shorts and characters, until eventually animated feature films, like Snow White in 1937 and it was a huge success at the time. However, the demand for Disney films declined when WWII began, as they produced expensive films like Pinocchio and Fantasia in 1940, Dumbo in 1941, was made on a low budget and finally Bambi, in 1942. But, Walt Disneys company and his success mostly came from the development of the 12 Principals of Animation; the Bible of Animation created by Disneys Nine Old Men, during the 1930s. Animation after those principals were created has been improved, once followed correctly and breathed life into characters, making them look and feel real so the audience can relate to them and feel them in a sense. In the present, most of American cartoons have some influences from anime, videogames, movies, real life and even go as far as to make some references or Easter eggs in them. Anime and Manga Anime and Manga were created in Japan and still popularized all around the world. Everyone thinks anime and manga are one in the same, but anime is linked to animation on TVwhereas, manga is mostly linked to comics or graphic novels. The origins of anime and manga started in 1947; 2 years after the end of World War II. During the war period, Japan was forced to follow governments control or pay should they refuse to follow their orders. It was written in Frederik Schodts book, Manga Manga: The World of Japanese Comics, the punishments were preventive detention, bans on writing, and social ostracism while those who agreed were rewarded with rehabilitation programs and support from the communityartists who had spent most of their lives criticizing the government did an about-face and offered wholehearted support to the militarists (Schodt, 55). In Japan, Osamu Tezuka, the creator of Shintakarajima(New Treasure Island in English) and Astro Boy. As a child, Tezuka was a fan of Disneys earlier works and that inspired him to be a cartoonist. After his first creation was a success, he was then dubbed the Father of Manga and Anime. In 1962, he formed Mushi Productions, where he released Astro Boy. With Astro Boys success and Tezukas original art style, Astro Boy soon became an international hit and fascinated American audiences in 1963. Then later, Jungle Taitei (Kimba the White Lion) was released. However, due to the similarities it has to Disneys The Lion King many say that Disney ripped off the idea, though they claimed that this wasnt the case.

Tuesday, May 26, 2020

The Most Neglected Answer for University of Texas Essay Samples

The Most Neglected Answer for University of Texas Essay Samples The Key to Successful University of Texas Essay Samples Ultimately, the detail of true speech makes the scene pop. The author starts with a rather comprehensive story of an event or description of an individual or place. Consult your parents to spell out the rear row to you. Professor Mitchell obtained a grant to have a category of students to Belgium to be able to study the EU. Students lead busy lives and frequently forget about a coming deadline. Thus, State University isn't only the ideal spot for me, it is the sole spot for me. On top of its growing cultural and ethnic diversity, it is becoming a master at creating a niche for every student. It must be at this degree of detail. The utmost length indicates you've roughly around 600 words. You'll observe a similar structure in a lot of the essays. To be able to attain such dimensions and be an acceptable size in the modern society, an individual would n eed to cease eating until her or his body began digesting itself. Our writers always create unique content that's totally free from all grammatical error. We'll deal with them, and for a fair price, as we understand that students generally don't have a great deal of money to spare. I'd received the maximum grade on the team. Where to Find University of Texas Essay Samples On some platforms, it's still visible for people who started applications while the question was live, though it's not used. Your list is only going to supply you with a headache if you don't locate a remedy to end your problems. Here are a few suggestions for tactics to use this resource effectively. Check georgetown our application for the remainder. University of Texas Essay Samples for Dummies So in case you have an essay assigned that you will need help with, you can purchase essay online cheap from us. The sort of essay you're looking for will be offered to you within the deadline provided to you. Bridget's essay is extremely strong, but there continue to be a coup le little things that could be made better. Now you can purchase genuine college essay online, one that is going to fit your financial plan and get your work done too. Stephen's essay is quite effective. So should you need to employ college essay writer online, we're just the people that you want to contact. Regardless of what genre you would like Business Studies, Microeconomics, Business Management and Financial Accounting, we're here to serve your requirements. If you don't meet one or more of these conditions, you're expected to submit the TOEFL or IELTS exam without exception. It's possible to easily depend on us to find essay help as we have a tendency to assist and guide the students with the aid of our professional experts. It's possible to receive a tutor online for help in over 40 subjects. Each one of your wishes concerning the order matters for the writers. University of Texas Essay Samples - Is it a Scam? Writing is a present that comes naturally. Write in clear, strong language that's simple to follow along with. Replace a number of the cliched language. Studying only will help improve your abilities. The Upside to University of Texas Essay Samples Please be aware that payment of the application fee before the processing of the waiver won't be refunded. Even then you're not able to discover the informative and accurate info. Payment of the application fee ahead of processing a waiver isn't going to be refunded. More to the point, you must do well to get a strong application. Secondly, we can assure you that your very first time is not going to be your final moment. Even in the event the deadline is very tight, feel free to get hold of our managers.

Tuesday, May 19, 2020

Slaughterhouse Industry - 3164 Words

TABLE OF CONTENTS Introduction Industry Study Project Description A. Basic Project Information B. Project Location C. Project Rationale D. Alternative E. Description of Project Phases F. Baseline Environment Condition G. Impact Assessment and Mitigation H. Environment Management Plan I. Proposal for an Environmental Monitoring and Guarantee Fund Attachment of Annexes A. Photos or Plates of Proposed Project B. Impact Areas, Affected and Communities C. Maps of the following Scale D. Permit to Operate Certificate E. E. Result of Physical and Chemical Analysis of Water and Wastewater PROJECT DESCRIPTION Davao City slaughterhouse is located at Ma-a, Davao City. The operations are limited to the night shift. The delivery of animals will†¦show more content†¦The offals shall be carried ( hand ) through the maintenance of the Offal Manager to the Offal cleaning table. Guided by the board tally, the Offal manager shall assign particular offal to particular table. The cleaned shall be placed in a pre-numbered pan. The pan to be used for particular offal shall bear the number of animals. And lastly, is the delivery of the animals. The operation in Ma-a slaughterhouse generates wastes of different types: A. SOLID WASTES • Intestines • Gallbladders • Horns • Manure • Hair and bristles • Meat trimmings • Rejected carcasses • Other organs B. LIQUID WASTES • Urine • Blood • Wash water C. GASEOUS WASTES • Odor • Condensates The Ma-a slaughterhouse has three ponds, the aerobic pond, anaerobic pond, and the facultative pond, which are used for the wastewater. There is also a sludge drying bed for the sludge. The solid wastes generated are just disposed in a nearby dumpsite or within the area, which then creates foul odor. Some solid wastes like bones and coagulated bloods are sold as fertilizers. Uncollected bloods are directly thrown to floor drains. B. Project Location Davao City slaughterhouse is located at Ma-a Davao City. The industry is isolated into the community of Ma-a District and has a fence all over the area. It occupies about 10,000 sq. meters of land and is isolated with the residential areas. It drains its waste through the waste water system of Davao City. Thats why a minimal area is only affected withShow MoreRelatedEssay on Slaughterhouse Industry2813 Words   |  12 Pages TABLE OF CONTENTS Introduction Industry Study Project Description A.nbsp;nbsp;nbsp;nbsp;nbsp;Basic Project Information B.nbsp;nbsp;nbsp;nbsp;nbsp;Project Location C.nbsp;nbsp;nbsp;nbsp;nbsp;Project Rationale D.nbsp;nbsp;nbsp;nbsp;nbsp;Alternative E.nbsp;nbsp;nbsp;nbsp;nbsp;Description of Project Phases F.nbsp;nbsp;nbsp;nbsp;nbsp;Baseline Environment Condition G.nbsp;nbsp;nbsp;nbsp;nbsp;Impact Assessment and Mitigation H.nbsp;nbsp;nbsp;nbsp;nbsp;EnvironmentRead MoreEating Animals By Eric Schlosser Essay1697 Words   |  7 PagesToday, the food industry has not just altered the American diet, but it has also had a negative effect within the labor sector as well as the animals meant for consumption and the lack of government oversight. Eric Schlosser in Fast Food Nation, and Jonathan Foer in Eating Animals, illustrate the mistreatment of labor workers as well as the animal abuse that goes unseen within the food industry. Foer gives such examples of employees who work in slaughterhouses giving accounts of what goes on in theRead MoreThe Slaughterhouse By Upton Sinclair And Fast Food Nation By Eric Schlosser1015 Words   |  5 Pagescentury, the world has had significant changes to society, such as advancements in transportation, fashion and technology. However, not all industries have had significant advancements in today s modern world. For example, the food industry has been lacking in the basic necessities needed to sustain a safe, humane work environment, especially in the meat industry. Excerpts from The Jungle by Upton Sinclair and Fast Food Nation by Eric Schlosser elaborately explain the horrible environments insideRead MoreHorse Slaughter Is The Act Of Slaughtering Horses1547 Words   |  7 Pagesslaughtered in the United States until 2007, when a ban was put on the industry due to lack of funding for horse meat inspectors. The industry is continuing to seek its reestablishment while lawsuits from animal welfare activists attempt to hinder their attempts. However although horses are not slaughtered or eaten in the United States, more than 100,000 companion, working and even wild horses are shipped to Mexican and Canadian slaughterhouses for consumption overseas in Europe and Asia each year (Stepping)Read MoreThe Slaughter Of Humans And Contemporary Animal Slaughter1706 Words   |  7 PagesHung upside down by their feet, their throats are slit to drain the bloo d. This is an image that appears in most every slaughterhouse across the globe. John Ajvide Lindqvist’s novel, Let the Right One In, similarly portrays these scenes of slaughter with one difference: the victims of slaughter are humans not animals. Set in the suburbs of Stockholm, Lindqvist’s novel tells of a young and severely bullied boy, Oskar, who befriends a centuries old child vampire named Eli. Because of her childlikeRead MoreThe Slaughter of Horses1149 Words   |  5 Pagesdog just goes against our very culture. It was foreign interests that brought the horse slaughter industry to the United States and built equine slaughterhouses here. By the 1990s, there were at least sixteen equine slaughterhouses operating all across the United States. At that time, most Americans did not even realize that such an industry even existed in their country. Over the years, the industry grew larger and people began to use slaughter as an opportune way to get rid of their undesi red horsesRead MoreFast Food Is A Dark And Scary Hidden Story1502 Words   |  7 PagesThe fast food industry has greatly increased in America. Fast food is so popular among Americans because of how cheap and affordable it is. On the other hand, behind it all is a whole different layer. The meaning behind the fast food industry is a dark and scary hidden story. The hidden story is in fact that people had suffered greatly because of their need to keep a job, even if it is dangerous. Most big factories are placed in very poor places in the country and through fore it creates migrantRead MoreFast Food Nation : The Dark Side Of The All American Meal771 Words   |  4 Pageswithout receiving any punishment. On top of power, Schlosser claims the leading corporations in the fast food industry were full of greed. One of the most important goals was redesigning the kitchen equipment so that less money needed to be spent training workers. (P.71) In The Most Dangerous Job, throughout this section of the book, Schlosser exposes the horrors of the meatpacking industry. People were getting injured by machinery that they could not hear, especially during the night shifts whereRead MoreThe Human Rights Of The United States768 Words   |  4 Pagesand non-work related injuries without spending the rest of their lives in debt. To work in decent conditions where the demand for speed and mass production is set at a reasonable pace. In the meat industry it has been a century long war to win basic human rights. In the 1950’s butchers and slaughterhouse workers made decent wages that could support their families. Things shifted when companies started getting too big wanting larger and larger profits with lower and lower production costs. The workerRead MoreAnimal Cruelty Linked to the Food Industry in the United States538 Words   |  2 PagesThere is a large problem of animal cruelty linked to the food industry in the United S tates. Countless slaughterhouses, chicken farms, and other meat producers have been found guilty of harming animals and killing them inhumanely. This is something that clearly needs to change. One case of animal abuse in the U.S. food industry is the Central Valley Meat Co, located in Hanford, California. Employees at the Hanford Slaughterhouse were caught on video killing cows violently and inhumanely, neglecting

Friday, May 15, 2020

The Theory Of Crime Theory - 1329 Words

Probably the single most influential and certainly the best-known crime theory among all the sociological theories of crime is that of strain theory. Strain theories argue that there are certain socially generated pressures or forces that drive people to commit crimes. More specifically, the classic strain theories argue that people, particularly those of lower class status are pressured into crime when they are prevented from achieving cultural goals like monetary success or middle-class status through legitimate status. Among the classic strain theorists the best known is Robert K. Merton. Merton rejected the notion still popular at the time of his writing that deviant motivations were rooted in the biology or psychology of the†¦show more content†¦These individuals are then compelled to outside of the norms in their effort to achieve the culturally defined desired ends. In other words, prevented by lack of skills, education, lower social status, or even discrimination from achieving the socially defined goals such as tangible material success, these individuals are pressured into crime which emerges as the only way to achieve those goals. In other words, Merton theorized the that the absence of a rigid class structure in the U.S., and the compellingly widespread belief that all Americans, regardless of their present status in life, had the opportunity to amass material worth, coupled with the dominant aspirational reference of wealth, put incredible pressure (strain) on those who encountered real barriers as they moved towards those universal goals to find some way even if it was illegal or deviant to obtain what they were led to believe were the important goals. On the other hand, a poor person in a society which had rigid class structures would not feel the same pressure to commit illegal acts since he would an aspirational reference more suitable to his current stature. In their work, Delinquency and Opportunity, Richard Cloward and Lloyd Ohlin drew on strain theory and Cohen’s subculture theory to help explain the development of delinquent subcultures. Cloward Ohlin argued that deviance ordinarily repres ents a search for solutions to problems of

Wednesday, May 6, 2020

Lev Vladimirovich Kuleshov and The Moscow Film School Essay

When film first started gaining popularity, it want’s as obvious that be connecting two different images, we would assume their relation. Film simply document events that occurred, it wasn’t until the enterprising pioneers of early cinema took hold that they began to manipulate their audience into following a story their way and feeling it in those exact steps. Lev Vladimirovich Kuleshov a Soviet filmmaker and film theorist in the 1920s who taught at and helped establish the world’s first film school, the Moscow Film School. He was one of the very first film theorists and one the great pioneers of early editing regarded amongst worldwide filmmaker and he is famous for what became known as Soviet Montage. From Kuleshov perspective, the†¦show more content†¦This is order to show how editing changes viewer’s interpretations of images and how film uses psychology. Kulsehov experimented with this and achieved the Kulsehov theory. This technique is known as juxtaposition, one the most effective tools on cinema just by juxtaposing a variety of concepts one can get a funny joke across, or complete lie across the audience. Kuleshov coined the term collective geography to describe cinema ability to link entirely unrelated material into coherent sequences. This discovery provided filmmakers with arms of varies techniques to manipulate the audience but in this they also recognized the audience has an active in creating meaning. Kuleshov was not just concerned with editing; he believed that the key to effective filmmaking was in organization. In addition to his theoretical work, Kulsehov was also a director of many feature films and he was a leader in Soviet montage theory, which was an approach to understanding and creating cinema that relies heavily upon editing. Some consider Kulsehov the father of Soviet Cinema, having been the first to publish about the formal possiblites of the medium and the power of montage editing. A montage is French for assembly or edit, it involves pieces of footage to make a film. During the Russian Revolution Kuleshov documented the war on the Eastern Front in documentary on the Red Front in the 1920s. Around that time, Kuleshov was deeply impressed and

Similarities Between The Truman Show And Animal Farm

The texts Animal Farm by George Orwell and The Truman Show directed by Peter Weir examine the ideas of power, the good life and utopia. In the novel Animal Farm, Orwell narrates the progression of animals engaging in a rebellion against their owner, who mistreats them. In the Film, the Truman show, Weir chronicles the progressive advancement of Truman’s freedom, for the reason that he is trapped in a fantasy world. Both Orwell and Weir address the two texts in a similar way. The passages correspondingly explore the themes of what makes a good life, power and control, what it is and who possesses it, as well as a utopian society and whether it is achievable or not. In The Truman Show, Weir demonstrates what the good life is, and what it†¦show more content†¦One example would be the power that Mr. Jones has, to control the animals. A second example would be the power Old Major has over the animals, the power to influence their minds and spark a revolution. A third example would the pigs power. The pigs get corrupted by power due to their significant amount of it. So much so that â€Å"The work was strictly voluntary, and any animal who absented himself from it would have his rations reduced by half†. (pg 59) Likewise in Truman Show, Peter Weir also suggests that Power is the ability to have control over others. One example would be the fact that Christof â€Å"The creator† manufactured a complex web of emotional manipulation in order to keep Truman on Seahaven Island. A second example would be the power that Truman has over people’s emotions.Truman is incredibly important to a lot of people throughout the world, in many cases to an unhealthy extent. So if he is having a bad day it would negatively affect their mood. Both Orwell and Weir suggest that power is the ability to have control over others, their emotions and influence them. They also give the audience the impression that one can never be satisfied with the amount of power they have. In Truman Show, Peter Weir explores the idea that a utopian society is Unachievable. One example is where Christof created the Seahaven Island in his vision of utopia â€Å"Seahaven is the way the world should be. A second exampleShow MoreRelatedSimilarities Between The Truman Show And Animal Farm1717 Words   |  7 Pagestoday and the answers can be found in the book, Animal Farm, written by George Orwell and the movie, The Truman Show, directed by Peter Weir. Both fictional stories help us understand where we need to set boundaries in our lives and how to work in harmony with others. Animal farm is about animals over throwing an abusive farmer and running their own society. The Truman Show is about a man (Truman Burbank) who is obliviously living inside a reality TV show in which everything is controlled by the directorRead MoreSimilarities Between The Truman Show And Animal Farm1219 Words   |  5 PagesWhat makes the perfect Utopia? What is needed for a good life? These questi ons are so important when it comes to human’s view on power and control and how it should be used. In both stories, ‘Animal Farm’ (written by George Orwell) and ‘The Truman Show’ (directed by Peter Weir), the author and director explore these themes. Power and control, the good life, utopia. These three themes are key to living the full life. To have a utopia you must have a good life and to have a good life you must haveRead 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 peace so consciously pursued through the establishment of international organizations and diplomatic exchanges. Despite these endeavors, the levels of domestic and international violence within human populations and the ravages visited upon animals and the natural world by humans vastly exceeded that of any previous era in history. In a century where human communities globally and individuals locally had the potential to be much more intensely connected by new communications technologiesRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesPerception? 166 Factors That Influence Perception 167 165 Person Perception: Making Judgments About Others 168 Attribution Theory 168 †¢ Common Shortcuts in Judging Others 170 †¢ Specific Applications of Shortcuts in Organizations 173 The Link Between Perception and Individual Decision Making 174 Decision Making in Organizations 175 The Rational Model, Bounded Rationality, and Intuition 175 †¢ Common Biases and Errors in Decision Making 177 Influences on Decision Making: Individual Differences andRead MoreManagement Course: Mba−10 General Management215330 Words   |  862 PagesManagement, Fourth Edition I. Management 17 17 2. The Evolution of Management Thought Hughes−Ginnett−Curphy †¢ Leadership, Fifth Edition I. Leadership is a Process, Not a Position 51 51 70 1. Leadership is Everyone’s Business 2. Interaction between the Leader, the Followers the Situation Cohen †¢ Effective Behavior in Organizations, Seventh Edition 11. Leadership: Exerting Influence and Power 94 94 Text Palmer−Dunford−Akin †¢ Managing Organizational Change 2. Images of Managing Change Similarities Between The Truman Show And Animal Farm How should power be balanced out amongst a society? What balance of power can result in a beautiful utopia? How can we all lead a good life without stripping others of their own? The answers to these questions must be known if we want to lead a good, functioning society today and the answers can be found in the book, Animal Farm, written by George Orwell and the movie, The Truman Show, directed by Peter Weir. Both fictional stories help us understand where we need to set boundaries in our lives and how to work in harmony with others. Animal farm is about animals over throwing an abusive farmer and running their own society. The Truman Show is about a man (Truman Burbank) who is obliviously living inside a reality TV show in which†¦show more content†¦In the eyes of Peter Weir, the world that Truman Burbank was born into, was made of the perfect society. In the early stages of the movie, Truman goes about his day happily and greets the people he sees with passion and joy. Tru man then goes to work as do all other citizens.The world is a cliche yet accurate representation of the â€Å"american dream†; full of people working hard, earning a living and just being generally quiet and respectful. Of course all of the people start acting odd when Truman starts catching onto what is happening in his world but the way society functioned before the drama was perfectly fake nonetheless. George Orwell shows similar views on what a Utopia looks like but in contrast, Animal Farm starts off with awful conditions that are enforced by Farmer Jones which then change when the animals overthrow him. The text shows a utopia functioning perfectly early on in the novel, with everyone working together to collect an abundance of food. George Orwell also helps us see how perfect the animals society is by make it contrast against the living conditions from earlier. The animals put together simple laws to keep them in check and overall, they lead a perfect life together. And just like in The Truman Show, the perfect society falls apart just as fast as it was put together. But what goes wrong in both texts? Could these texts be telling us that a utopia simply isn t possible to create? No they aren t. Both UtopiasShow MoreRelatedSimilarities Between The Truman Show And Animal Farm1219 Words   |  5 PagesWhat makes the perfect Utopia? What is needed for a good life? These questions are so important when it comes to human’s view on power and control and how it should be used. In both stories, ‘Animal Farm’ (written by George Orwell) and ‘The Truman Show’ (directed by Peter Weir), the author and director explore these themes. Power and control, the good life, utopia. These three themes are key to living the full life. To have a utopia you must have a good life and to have a good life you must haveRead MoreSimilarities Between The Truman Show And Animal Farm965 Words   |  4 PagesThe texts Animal Farm by George Orwell and The Truman Show directed by Peter Weir examine the ideas of power, the good life and utopia. In the novel Animal Farm, Orwell narrates the progression of animals engaging in a rebellion against their owner, who mistreats them. In the Film, the Truman show, Weir chronicles the progressive advancement of Truman’s freedom, for the reason that he is trapped in a fantasy world. Both Orwell and Weir address the two texts in a similar way. The passages correspondinglyRead 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 peace so consciously pursued through the establishment of international organizations and diplomatic exchanges. Despite these endeavors, the levels of domestic and international violence within human populations and the ravages visited upon animals and the natural world by humans vastly exceeded that of any previous era in history. In a century where human communities globally and individuals locally had the potential to be much more intensely connected by new communications technologiesRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesPerception? 166 Factors That Influence Perception 167 165 Person Perception: Making Judgments About Others 168 Attribution Theory 168 †¢ Common Shortcuts in Judging Others 170 †¢ Specific Applications of Shortcuts in Organizations 173 The Link Between Perception and Individual Decision Making 174 Decision Making in Organizations 175 The Rational Model, Bounded Rationality, and Intuition 175 †¢ Common Biases and Errors in Decision Making 177 Influences on Decision Making: Individual Differences andRead MoreManagement Course: Mba−10 General Management215330 Words   |  862 PagesManagement, Fourth Edition I. Management 17 17 2. The Evolution of Management Thought Hughes−Ginnett−Curphy †¢ Leadership, Fifth Edition I. Leadership is a Process, Not a Position 51 51 70 1. Leadership is Everyone’s Business 2. Interaction between the Leader, the Followers the Situation Cohen †¢ Effective Behavior in Organizations, Seventh Edition 11. Leadership: Exerting Influence and Power 94 94 Text Palmer−Dunford−Akin †¢ Managing Organizational Change 2. Images of Managing Change

Journals of Academy of Business Education - MyAssignmenthelp.com

Question: Discuss about the Journals of Academy of Business Education. Answer: Description of company: Oz Minerals is a mining company that was formed after the merger of Zinifex and Oxiana limited in year 2008 and is based in Adelaide in Australia. It is one of the largest deposits of copper at Carrapateena. The strategy of organization is centered on value creation for a wide range of stakeholders. Core product of company is Copper containing silver and gold. Mining method used by Oz Minerals involves underground mining and open pit and employs processing method such as grinding, conventional crushing and flotation (ozminerals.com 2018).. Product produced by company is railed to port Adelaide, thereafter it is shipped to customers in Europe and Asia, and then it is transported to domestic customers. Ownership and governance structure of company: From the annual report of Oz Minerals for year 2016, it can be seen that there are top twenty investors of company. Shareholder holding more than 20% of shareholding is HSBC custody nominees (Australia) Limited. It is the only shareholder having more than 20% of shares and therefore, company will be classified as non-family company (ozminerals.com 2018). Shareholders having higher than 5% shareholdings are JP Morgan Nominees Australia limited and Citicorp Nominees Pty limited. Total numbers of shares held by these two shareholders are 47613532 and 45349773 respectively. Neil Hamilton is the Chairman and independent non-executive director of Oz minerals. Andrew Cole is the chief executive officer and managing director of company. Other members of board include Charles Lenegan, Julie Bebby, Paul Dowd, and Rebecca McGrath who is the independent non-executive director (ozminerals.com 2018). Calculation of performance ratios: Trend Particulars` 2013 2014 2015 2016 2013 2014 2015 2016 Net Profit after Tax (NPAT) A -294.4 48.5 130.2 107.8 -100.0% 16.5% 44.2% 36.6% Total Assets (TA) B 2517.1 2408.7 2566.4 2630.6 100.0% 95.7% 102.0% 104.5% Ordinary Equity (OE) C 2327.9 2249.1 2354.3 2343.9 100.0% 96.6% 101.1% 100.7% Total Liabilities D 189.2 159.6 222.5 276.3 100.0% 84.4% 117.6% 146.0% Return on Assets (ROA) E= A/B -11.70% 2.01% 5.07% 4.10% -100.0% 17.22% 43.38% 35.04% Return on Equity (ROE) F=A/C -12.65% 2.16% 5.53% 4.60% -100.0% 17.05% 43.73% 36.37% Debt Ratio G=D/B 0.075 0.066 0.087 0.105 100.0% 88.15% 115.34% 139.74% The variable TA indicates total assets and variable OE indicates ownership equity and these two variables are interrelated with ROA and ROE. An increase in total value of assets with value of net profit remaining same indicates that there will be reduction in return on assets as they are not utilized efficiently for generating profits. An increase in value of assets with profit remaining same will generate lower debt equity ratio and therefore, there will be higher return on equity. Therefore, the value of ROE and ROA is determined by the total value of assets and total value of equity. From the above table, it can be seen that return on equity (ROE) is greater than return on assets (ROA) for all the four years. Both the concepts depict the efficiency of organization in using resources for generating assets. Return on equity is less than return on assets because of lower value of total ordinary equities compared to total value of assets. A healthy organization always has total value of assets more than total equity because the values of assets are more than equity when liabilities of organization have reduced (Danes et al. 2016). Two graphs with the description of results: The above chart depicts the monthly share price movement of Oz Minerals over the past two years. Blue line indicates the movement of share price of company while orange line depicts the movement of all ordinaries index. Looking at the graph, it can be inferred that movement of share price of company is more volatile compared to that of index that are less fluctuating over the time period. Therefore, the monthly share price of Oz minerals is more volatile. In the initial year till end of first month of year 2016, share price was volatile and they were above ordinaries index price and in later year, monthly share price fluctuated but they were below the ordinaries index. Line indicating share price of company is not closely correlated with that of line of ordinaries index. However, in the last four months, share price of Oz Minerals were not much volatile and in the current time, they are trading below all ordinaries index. Significant factors influencing the share price of Oz Minerals: The share price of influenced by many internal as well as external factors of economy. Ongoing commercially sensitive negotiations and the intervention of government in supporting palatable alternatives comprising of their party investment are some of the factors that have influenced share price. Feature of investment vase of Oz minerals are due to strong operating margins and reduction of cost assumptions. Poor outlook of company is illustrated by fall in expectation of earning by company and a limited level of growth in revenue is likely to impact the expected earnings resulting in negative growth rate. The unsustainable decline in earnings is mainly attributable to the fact of exceeding of cost growth (Petty et al. 2015). Nonetheless, insiders may have the conviction to buy the shares by perception of prosperous time ahead of the period of investment. Calculation of Beta values and expected rate of returns: Particulars Amount Beta of the company A 0.65 Risk Free Rate B 4% Market Risk Premium C 6% Required Rate of Return D=B+[Ax(C-B)] 5.30% Trend Particulars` 2013 2014 2015 2016 2013 2014 2015 2016 EBIT A -434 56.3 186.8 127.2 -100.00% 12.97% 43.04% 29.31% Total Assets B 2517.1 2408.7 2566.4 2630.6 100.00% 95.69% 101.96% 104.51% Net Profit after Tax C -294.4 48.5 130.2 107.8 -100.00% 16.47% 44.23% 36.62% Owner's Equity D 2327.9 2249.1 2354.3 2343.9 100.00% 96.61% 101.13% 100.69% Return on Equity E=(A/B)x(C/A)x (B/D) -12.65% 2.16% 5.53% 4.60% -100.00% 17.05% 43.73% 36.37% Beta is the factor for measuring the rate of return of stock of company and it helps in explaining systematic risk and stock volatility. Conservative investment is a type of investment where the return is nit fluctuated and they guarantee to investors a given amount of return. When looking at beta value of Oz Minerals that stands at 0.65 is indicative of the fat that excess return of stock is expected to perform .45 worse than expected return of market that is index. Low beta value depicts that investment is conservative as the market related risk is low. Performance of company is associated with mining stocks and price of minerals compared to overall stock market (Thomas et al. 2015). Therefore the company has chosen a conservative investment strategy. Weighted average cost of capital: Particulars Amount Weight age Cost Return Rate Tax Rate WACC Total Long Term Debt 101.5 4.13% 4.8 4.73% 30.00% 0.14% Total Equity 2354.3 95.87% 5.30% 5.08% TOTAL 2455.8 100% 5.22% Weighted average cost of capital is the composite cost of capital that helps in evaluation of new projects that are undertaken by company. The estimation of expected cost by company is done by using WACC for financing sources of investment. Cost of capital is the discount rate that is used by company for the purpose of calculations of their capital budgeting. It helps in evaluating the returns generated by any project and whether they are sufficient for risks compensation. Higher WACC is indication of the fact that higher risk is associated with operation of company and hence investors seek additional return in return for undertaking additional level of risks (Peirson et al. 2014). Therefore, management of organization evaluates the higher weighted cost of capital to be associated with carrying higher level of risk and hence investors seeking higher return for compensation the additional level of risks that they are undertaking Debt ratios for the past two years: The computation if debt ratio for the past three years has been shown in the above table. It can be seen that debt ratio for 0.066 in year 2014 and .087 in year 2015 respectively. It can be seen that debt ratio has increased in year 2015. Now, looking at figure for year 2016, debt ratio stood at .105 and this is indicative of the fact that level of debt ratio has been increasing for the past three to four years as illustrated by figures. Therefore, it can be concluded that debt ratio value has not been stable. Looking at the capital structure of company, it can be seen that value of assets have been increasing throughout, however, total liabilities initially decreased and then it is increased subsequently. It appears that organization is not working on maintaining a preferred optimal capital structure. At year ending 31st December, Oz Minerals does not have any borrowings and at the end of year, consolidated entity has undrawn borrowings. On February, 2016, organization has made an announcement of program of an on market share buyback program. This was done for an amount of $ 60 million as a part of framework of updated capital management. Strategy of Oz minerals is reinforced by this updated framework for maximizing the returns of shareholders by ensuring that there is an efficient allocation of capital. Shares that have been acquired as a part of market buyback share program are presented as deduction to capital by cancelling it and there was a share buyback of $ 29.9 million. Oz minerals completed a share buyback of $ 29.9 million of a $ 60 million share through the program (ozminerals.com 2018). There was a repurchasing of shares of total amount of $ 4.8 million at an average share price of $ 6.23. Yes, the adjustments that have been made to shares by share buyback programs hav e been mentioned in the directors report as presented in the annual report of company. Dividend policy: The dividend policy that has been implemented by the management of Oz minerals is in accordance with the corporation Act and rules that are listed on Australian stock exchange. Payment of dividend is done by considering the outlined principles and ensuring the fair trading of securities of Oz minerals. There has not been any recognition of the financial impact of paying dividend in the consolidated financial statement for the year ending 31st December, 2016. For the purpose of Australian taxation, final year dividend has been fully franked. Implementing the dividend policy as prescribed by principles of Australian stock exchange and corporation act has been dine for maintaining compliance so that they are not facing compliance issues (MAcc 2017). Letter of recommendation: Dear ABC, Queensland Australia Respected Sir, After conducting detailed analysis of financial performance of Oz minerals in terms of their debt structure, leverage, share price, I would like to present my view on forming this company as a part of your investment portfolio. Looking the ratios computed, it can be seen that ROE and ROA is increasing and has been stable in these few years. Debt ratio has increased indicating increase in total liabilities, but this is not unfavorable for investors seeking investment. This is so because organization has employed conservative strategy and hence it will not be risky for investors including it in their portfolio of stocks. In recent years, price of shares have also increased 6.39 for year ending 2016 and increasing to 8.8 for year ending 2017. This increase can be regarded as significant for investors to be included in their investment portfolio. Moreover, looking at beta and weighted average cost of capital for Oz minerals, it can be seen that investing is not risky and stock would be generating reasonable return. Therefore, I would recommend Mr ABC to include Oz minerals to in his/her investment portfolio. Thanking you, ABC Investment Company References Bekaert, G. and Hodrick, R., 2017. International financial management. Cambridge University Press. Brigham, E.F. and Daves, P.R., 2014. Intermediate Financial Management. 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