Adventures Essays (3416 words) - English-language Films,

Undertakings Of Huck Finn Critics Undertakings of Huckleberry Finn Twain came clean in incredible books and journals what's more, short stories and papers, and he turned into an author of global eminence still converted into 72 dialects. He became, through the composed and spoken word, America's most noteworthy envoy and its most never-endingly cited. Samuel L. Clemens was conceived in 1835 of every a town called Florida, Mo., and before he turned into a well known author under the nom de plume Mark Twain, he chipped away at a riverboat, as a miner for gold, as a columnist, and at different ventures( Twain 12). He was not a youngster of fantastic notoriety - an end came to by Jervis Langdon, an Elmira representative who had been approached by youthful Sam for his little girl Livy's hand. In any case, the marriage happened and, presently, in 1871, the couple moved to Hartford, leasing a home in the Nook Farm neighborhood from John Hooker. They before long started development on an unpredictable and costly house, where they lived for two decades. In the pool room of this house a considerable lot of the most prominent books of Mark Twain were done, among them Tom Sawyer, Experiences of Huckleberry Finn, Improvising, Life on the Mississippi, and A Connecticut Yankee In King Arthur's Court. During his two decades in Hartford, Mark Twain delighted in the organization of numerous old buddies in his affectionate neighborhood, as William Gillette and Charles Dudley Warner, just as continuous guests from around the nation, for example, General William Tecumseh Sherman, wayfarer Henry Stanley, and creator Bret Harte. He turned into a notable open figure, regularly making news in the Hartford Courant ( Compton's Encyclopedia ). Twain's years in Hartford were maybe among his most joyful, for notwithstanding his scholarly victories it was here that he, Livy, and their three little girls, Susy, Clara and Jean were all together. Twain would inevitably outlast everybody except Clara. Budgetary difficulty hit the Clemenses during the 1880s, especially after Twain contributed several a great many dollars in a mechanical typesetting gadget being created by James Paige. The typesetter was a disappointment, Twain's speculation was lost, and in 1891 Twain and family left Hartford to live less lavishly in Europe. Twain is thought of today in numerous circles as an incredible humorist( Twain 25). This is, of course, valid. His mind is amazing. In any case, his work is excessively intricate to describe just in that manner. The composing is brimming with social discourse, and his voice was disputable at the hour of his compositions and remains so today. Huck Finn, in certain circles, is a supremacist book in view of its rehashed utilization of the word nigger by its characters and in view of the depiction of the slave Jim. Yet, numerous researchers, including those from an African-American legacy, contend that Twain was precise in his portrayal of the occasions and a power for change and for understanding the detestations of subjection. Beside his composition, Twain was additionally a distributer (he printed the journals of U.S. Award), a much-acclaimed (and generously compensated) instructor, and a business person. It was his interest in the Paige typesetter that eventually prompted chapter 11 and constrained him and Livy to quit for the day the Hartford house and take their three girls to Europe. He kicked the bucket after Livy what's more, two of his little girls and is covered in Elmira, where he summered all through his life, in a grave that is checked Samuel Langhorne Clemens - Mark Twain - 1835-1910. While it is his ability for composing that put him on the map, the encounters of his previous life play significant parts in his books. His encounters as a steamer pilot are utilized in a considerable lot of his books, including Huck Finn. Imprint Twain is a term that he picked up during his time as a stream vessel pilot signifying two understands profound. The prestigious writer's most prominent book about battle and expectations and dreams is The Adventures of Huckleberry Finn. Many would state that Huck Finn is an extremely grieved little youngster. . Huck's father brought Huck up the most difficult way possible with out a mother and imparted a significant number of his convictions into Huck. He passed a portion of these negative behavior patterns onto Huck which prompts my proposal that, Huck regularly winds up in close difficulties and being raised the manner in which he was, instructed that lying and taking are right, demonstrated extremely helpful in getting him out of a large number of these dilemmas. Since Huck's dad brought him up to be such an incredible liar and a stealer Huck has had the option to escape from some nearby calls. So all together

Teen Pregnancy Essays - Midwifery, Birth Control, Adolescence

Teenager Pregnancy Essays - Midwifery, Birth Control, Adolescence Teenager Pregnancy Teenager Pregnancy and Parenting You stay there tense, your face is turning cherry red, your eyes are fixed on the little white machine, and you feel like the anticipation is killing you, two minutes appear for eternity. The entirety of the unexpected you see a +. Youre 15 and pregnant. What are you going to do now? Jessica Inhoff, a lesser at Grant, mentions to us what she did when she discovered she was pregnant with her child a year ago. She said that she was excessively astounded and didnt recognize what to do. She didnt need to must be there when her folks discovered, so she simply left a note on the table and went to work. Fortunately for her, her folks were amazingly steady, and still assistance her out as much as possible with her child. Her mom watches Kyle consistently while she is at school, and will keep an eye on night seven days, so Jessica can go out and still be a child. As indicated by the Oregon Health Division, during 1997 in Multnomah County, 654 young ladies between the ages of 10 and 17 got pregnant and kept their children. Somewhere in the range of 1974 and 1998 pregnancy for adolescents between the ages 15 and 19 expanded by 200 percent. Additionally once the infants are destined to teenager moms they are more than twice as prone to have a lower birth weight than those destined to more established moms, which can cause significant wellbeing dangers. It makes babies bound to bite the dust inside the initial 2 days of life. Each one of those undesirable pregnancies among teenagers cost U.S. citizens right around 7 billion every year. One inquiry you should pose to yourself before you choose to engage in sexual relations is; Am I prepared to be a mother or a dad? In the event that you can answer yes to all the inquiries beneath, you are all set out Saturday night and choose by engaging in sexual relations with them, to tell your beau/sweetheart, Hey nectar, I need us to have a child! 1. Might I be able to deal with a child and an occupation simultaneously? Would I have sufficient opportunity and vitality for both? 2. How might a youngster meddle with my development and advancement? Would I finish school and would I have the option to attend a university and get the profession I need while thinking about a kid? 3. Would i be able to stand to help a youngster? Do I realize the amount it takes to bring up a kid? 4. Am I ready to give an incredible piece of my life in any event 18 years to being liable for a kid? What's more, spend an enormous part of my life worried about my childs prosperity? 5. Do I like getting things done with kids? Do I appreciate exercises that youngsters can do? Do I like tidying up childrens messes and would I like to have a youngster around me every minute of every day? 6. What do I do when I blow up or upset? Would I take things out on my youngster in the event that I lost my temper? 7. Could my accomplice and I give a kid a decent home? Is our relationship a glad and solid one? Would we like to must be associated for the reast of our lives, may us endure until the very end? As Leslie Clark, a former student from Grant, made sense of, having a child and being in secondary school is a difficult activity. She needed to skirt the last couple a very long time of her senior year to have her infant, which put her behind a year and not ready to graduate with her group. She made some hard memories bringing up her child Allyn all alone for the initial five years, however fortunately after that she and Allyns father began dating once more, and wound up getting hitched. Seventeen years have now passed, and she is a cheerfully hitched affirmed open bookkeeper. Jessica Inhoff is currently encountering the duties of being a high schooler mother, which she says, are perpetual. An ordinary day goes like this for Jessica; she gets up at 6, in the wake of being alert a large portion of the night (with her children wake up calls at 12:30 and 3 A.M.), and goes to class. She experiences six thorough classes and afterward leaves during seventh period to return home and

Essay For IELTS - Elegant and Effective Tips on Writing a Sample Essay For Your IELTS Essay

Essay For IELTS - Elegant and Effective Tips on Writing a Sample Essay For Your IELTS EssayIt is better to do research before starting your writing for IELTS essay topics and samples. It will help you save time and money. If you want to pass this test, it is essential that you know how to write an essay well. In this article, you will find some important IELTS essay topics and samples.IELTS is an English Language Test that is conducted by the British Council. It aims to measure the ability of the student to understand, use and write written English in the right way.The first lesson on the IELTS is 'the three components of language'. This is the first lesson of the exam. It is very important that you are familiar with it.Next, the second lesson is 'you can make the difference by setting a goal'. It is also referred to as the social skills foundation. There are four sections of this foundation and they are politeness, body language, attention to detail and listening and speaking.The th ird lesson is called 'Listening to Proverbs'. You will find this very helpful when you have to analyze a particular situation. Reading and understanding such a reading is a skill called reading comprehension. Writing is another skill that is needed for IELTS, which is called writing, spelling and communication.The fourth lesson on the IELTS is 'Pay Attention to the Meaning'. This is very important when you are studying the passages you are writing. If you are not clear about what you are writing, the test taker might not be able to understand what you are trying to say and in order to pass this test, you need to get your essays correct.There are many sources that will provide you with the correct IELTS essays, sample questions and materials to write the essay from. However, it is important that you do not copy or use the same source to write different types of essay for the different IELTS subjects.Before beginning your essay writing for IELTS test, you need to select the IELTS subj ect that you are going to test with. Then, you will learn more about the different kinds of IELTS test centers so that you know where to submit your essay and how to practice in order to prepare for the IELTS test.

Tourism and Hospitality Research Paper - 1925 Words

Tourism and Hospitality (Research Paper Sample) Content: Topic: Tourism and Hospitality Name:Professor:Institution:Course:Date:Executive summary This paper demonstrates in detail on whether tourism and hospitality ought to embrace social media as a marketing tool in spite of its disadvantages. Factors that relate to social media as a disadvantage to tourism and hospitality are enumerated as well. Additionally, advantages and negative impact on tourism and hospitality is clarified in detail. In essence this shows that the reasons as to why the social media affects issues of tourism and hospital are demonstrated in detail. This initiates that it is not worth for Tourism and Hospitality businesses to embrace social media as marketing tools in spite of its disadvantages. Is it worth for Tourism and Hospitality businesses to embrace social media as marketing tools in spite of its disadvantages?Background information of social media Social media are internet sites where individuals interact freely, sharing and discussing info rmation about each other and their lives as well. This is where people use a multimedia mix of personal words, images, videos and audio in order to pass their message. Social media has given us the ability to connect with people from all over the world with few clicks of the button, making it easier than ever to keep in touch with everybody. As a result, it is regarded as the biggest industry of our time. Before this, it began in 1978 with the Bulletin Board System (BBS). With time, there has been the development of websites where individuals and groups of create and exchange content and engage in person-to-person conversation. Some of the sites used to initiate conversation via the social media are Facebook, Linkedln, MySpace, Twitter, YouTube, Wikipedia and etc (Sumarjan, 2013). Advantages of Social media Social media is easier than ever to keeping contact with issues related to tourism and hospitality. This is so as professional networking site Linkedln permits users to request i ntroductions to business people who are known to their contacts. The potential of this enhanced connectivity is huge: whereas once a firm would be left sifting through business cards after a networking event. Furthermore, Social media is particularly vital for entrepreneurs working in the field of tourism and hospitality. Employees can find contacts via professional groups on LinkedIn and Twitter, while employers can make use of the large user bases of Facebook and Twitter to market their products and services (Minazzi, 2014). Facebook has a range of services designed to help businesses market themselves more effectively, including the ability to target advertising at the precise demographic groups that are likely to respond favorably. Social media in tourism and hospitality tend to facilitate open communication, leading to enhanced information discovery and delivery. It also permits employees to discuss ideas, post news, ask questions and share links. The system improves business reputation, and client base with minimal use of advertising. Social media in tourism and hospitality goes to the extent of targeting a wide audience, making it a useful and effective recruitment tool to the firm involved. It is also seen that social media is essential as it offers free marketing tools, and it is easy to access, hence making it a faster way of reaching potential clients in the market (Raj, Griffin Morpeth, 2013). Social media in the tourism industry is essential as when it comes to attempting to plan with colleagues, having access to social media sites expands the available times and places in which meetings can take place. Individuals interested in tourism and hospitality can meet each other and chat over Facebook or even go to the extent of opening chats through Google+. This is better as opposed to having to travel to specific locations. In addition, it permits users to create networks like-minded people, and hence tends to expand the horizons of what sort of co ntact individuals can make in their professional lives. Moreover, People on social networking sites share what interests them, such as news on current events that are affecting the sector of tourism and hospitality (Munar, 2013). People who share tourism and hospitality interests, or who just want to stay informed, can read these stories and share them as well via Facebook, Twiter or MySpace. Since stories are shared through "word of mouth," smaller news outlets such as blogs can get exposure, and social network users are overall connected to a larger pool of new information and opinion. Therefore, Social-media marketing is an excellent way for businesses to broaden their exposure to the public at a much lower cost than traditional marketing. Establishing a presence on widely used platforms such as Facebook and Twitter can help target new customers and make tourism and hospitality brand more visible. Additionally, the two-way communication facilitated by social media can improve cu stomer service and enables businesses to gain new information about their customers and tailor communications based on that knowledge (Muller, 2011). Furthermore,a social media siteis a good way to make connections with individuals with similar interests and objectives. They can be a way to connect with or "meet" people that a student may not have had the opportunity to before-including other students, staff, faculty and even alumni. Just as social media offers another possibility for making friends; it also makes it possible to renew old ones. Thus, meeting people and staying connected with classmates and friends is a major benefit of social media sites.Social media sitesalso offer event listings, group profiles and fan pages that can communicate the pulse of a company culture. They can be a great way to understand and stay connected to your tourism and hospitality community as a whole (Carley, Chapman, Hastings, Kirk Young, 2000). Disadvantages It is not worth for Tourism and Ho spitality businesses to embrace social media as marketing tools in spite of its disadvantages. This is because social media as a marketing tool may affect the reputation of tourism and hospitality when the business does not reply on customers feedback. Such an instance comes about when the person put in charge is not efficient enough when it comes to dealing with operation of the marketing tool. As a result, clients get discouraged, and it makes the system unreliable. This is especially when it concerns issues of urgency and rumors concerning the institution of tourism and hospitality. In essence, this entails that it is looked at as a negative implication in the field of tourism and hospitality, and at the end clients get discouraged. In the event of such circumstance, the business is bound to collapse as clients will pull away from the market basing on bad quality services (Smith Puczko, 2014). Social media as a medium of advertisement can instantly disrupt the business assoc iated with tourism and hospitality. This is where a wrong message is displayed to the public and the sector of tourism and hospitality is undergoing a peak season. In such a case, the business is bound to instantly undergo a loss which might be difficult to compensate for the lost period. Another issue that might contribute to the instant disruption of the business is when what is being advertised is not being offered. In such a case, the sector of hospitality and tourism is in the position of losing its clients, and hence lead to lose of profits as well (Brown, 2009). Another negative impact that can be brought about by the social media is that it is easily misunderstood by the clients/public that is illiterate. This is usually possible as some words/language used might not be adequately be understood by the public concerned and as a result, the sector of tourism and hospitality is bound to lose its clients in the market. This usually occurs when the language used is complex. As a result, the sector undergoes a major lose that might lead to collapse of the business in the market (Leigh, Webster Ivanov, 2012). There is also the issue related to an anonymous environment which is a negative implication to the sector of tourism and hospitality. This is where competitors might make the sector look bad, by telling the public negative things on the business. They might enumerate to the public that what they are offering is better and that what the tourism and hospitality is advertising is not true. Thus, it is essential to effectively deal with such competitors as they might lure clients to believe that tourism and hospitality being offered by a particular country or firm is inefficient. Thus, it is always imperative to be aware of an anonymous atmosphere in order to strategize on how to deal with such competitors. This is so as without studying the strategies that can be used to counter such competitors, the tourism and hospitality industry would not benefit fro m the public through the social media as a medium of communication (Burke, 2009). Use of the social media like Facebook, Twitter, magazines and the television are mediums that are unpredictable and hard to control. This based on the fact that different individuals come in contact with the mediums used, and they respond/understand the message being passed differently. This is the reason as to why the tourism and hospitality sector ought to have a back-up plan that will ensure that that what is being passed to the public does not get distorted. This shows that a social media is a very essential medium of communication that has to be laid down by the firm concerned effectively. This is based on the fact that different people receive the message in an unpredictable way. The response of the public at times is difficult to control, and hence a negative implication to the field of tourism a... Tourism and Hospitality Research Paper - 1925 Words Tourism and Hospitality (Research Paper Sample) Content: Topic: Tourism and Hospitality Name:Professor:Institution:Course:Date:Executive summary This paper demonstrates in detail on whether tourism and hospitality ought to embrace social media as a marketing tool in spite of its disadvantages. Factors that relate to social media as a disadvantage to tourism and hospitality are enumerated as well. Additionally, advantages and negative impact on tourism and hospitality is clarified in detail. In essence this shows that the reasons as to why the social media affects issues of tourism and hospital are demonstrated in detail. This initiates that it is not worth for Tourism and Hospitality businesses to embrace social media as marketing tools in spite of its disadvantages. Is it worth for Tourism and Hospitality businesses to embrace social media as marketing tools in spite of its disadvantages?Background information of social media Social media are internet sites where individuals interact freely, sharing and discussing info rmation about each other and their lives as well. This is where people use a multimedia mix of personal words, images, videos and audio in order to pass their message. Social media has given us the ability to connect with people from all over the world with few clicks of the button, making it easier than ever to keep in touch with everybody. As a result, it is regarded as the biggest industry of our time. Before this, it began in 1978 with the Bulletin Board System (BBS). With time, there has been the development of websites where individuals and groups of create and exchange content and engage in person-to-person conversation. Some of the sites used to initiate conversation via the social media are Facebook, Linkedln, MySpace, Twitter, YouTube, Wikipedia and etc (Sumarjan, 2013). Advantages of Social media Social media is easier than ever to keeping contact with issues related to tourism and hospitality. This is so as professional networking site Linkedln permits users to request i ntroductions to business people who are known to their contacts. The potential of this enhanced connectivity is huge: whereas once a firm would be left sifting through business cards after a networking event. Furthermore, Social media is particularly vital for entrepreneurs working in the field of tourism and hospitality. Employees can find contacts via professional groups on LinkedIn and Twitter, while employers can make use of the large user bases of Facebook and Twitter to market their products and services (Minazzi, 2014). Facebook has a range of services designed to help businesses market themselves more effectively, including the ability to target advertising at the precise demographic groups that are likely to respond favorably. Social media in tourism and hospitality tend to facilitate open communication, leading to enhanced information discovery and delivery. It also permits employees to discuss ideas, post news, ask questions and share links. The system improves business reputation, and client base with minimal use of advertising. Social media in tourism and hospitality goes to the extent of targeting a wide audience, making it a useful and effective recruitment tool to the firm involved. It is also seen that social media is essential as it offers free marketing tools, and it is easy to access, hence making it a faster way of reaching potential clients in the market (Raj, Griffin Morpeth, 2013). Social media in the tourism industry is essential as when it comes to attempting to plan with colleagues, having access to social media sites expands the available times and places in which meetings can take place. Individuals interested in tourism and hospitality can meet each other and chat over Facebook or even go to the extent of opening chats through Google+. This is better as opposed to having to travel to specific locations. In addition, it permits users to create networks like-minded people, and hence tends to expand the horizons of what sort of co ntact individuals can make in their professional lives. Moreover, People on social networking sites share what interests them, such as news on current events that are affecting the sector of tourism and hospitality (Munar, 2013). People who share tourism and hospitality interests, or who just want to stay informed, can read these stories and share them as well via Facebook, Twiter or MySpace. Since stories are shared through "word of mouth," smaller news outlets such as blogs can get exposure, and social network users are overall connected to a larger pool of new information and opinion. Therefore, Social-media marketing is an excellent way for businesses to broaden their exposure to the public at a much lower cost than traditional marketing. Establishing a presence on widely used platforms such as Facebook and Twitter can help target new customers and make tourism and hospitality brand more visible. Additionally, the two-way communication facilitated by social media can improve cu stomer service and enables businesses to gain new information about their customers and tailor communications based on that knowledge (Muller, 2011). Furthermore,a social media siteis a good way to make connections with individuals with similar interests and objectives. They can be a way to connect with or "meet" people that a student may not have had the opportunity to before-including other students, staff, faculty and even alumni. Just as social media offers another possibility for making friends; it also makes it possible to renew old ones. Thus, meeting people and staying connected with classmates and friends is a major benefit of social media sites.Social media sitesalso offer event listings, group profiles and fan pages that can communicate the pulse of a company culture. They can be a great way to understand and stay connected to your tourism and hospitality community as a whole (Carley, Chapman, Hastings, Kirk Young, 2000). Disadvantages It is not worth for Tourism and Ho spitality businesses to embrace social media as marketing tools in spite of its disadvantages. This is because social media as a marketing tool may affect the reputation of tourism and hospitality when the business does not reply on customers feedback. Such an instance comes about when the person put in charge is not efficient enough when it comes to dealing with operation of the marketing tool. As a result, clients get discouraged, and it makes the system unreliable. This is especially when it concerns issues of urgency and rumors concerning the institution of tourism and hospitality. In essence, this entails that it is looked at as a negative implication in the field of tourism and hospitality, and at the end clients get discouraged. In the event of such circumstance, the business is bound to collapse as clients will pull away from the market basing on bad quality services (Smith Puczko, 2014). Social media as a medium of advertisement can instantly disrupt the business assoc iated with tourism and hospitality. This is where a wrong message is displayed to the public and the sector of tourism and hospitality is undergoing a peak season. In such a case, the business is bound to instantly undergo a loss which might be difficult to compensate for the lost period. Another issue that might contribute to the instant disruption of the business is when what is being advertised is not being offered. In such a case, the sector of hospitality and tourism is in the position of losing its clients, and hence lead to lose of profits as well (Brown, 2009). Another negative impact that can be brought about by the social media is that it is easily misunderstood by the clients/public that is illiterate. This is usually possible as some words/language used might not be adequately be understood by the public concerned and as a result, the sector of tourism and hospitality is bound to lose its clients in the market. This usually occurs when the language used is complex. As a result, the sector undergoes a major lose that might lead to collapse of the business in the market (Leigh, Webster Ivanov, 2012). There is also the issue related to an anonymous environment which is a negative implication to the sector of tourism and hospitality. This is where competitors might make the sector look bad, by telling the public negative things on the business. They might enumerate to the public that what they are offering is better and that what the tourism and hospitality is advertising is not true. Thus, it is essential to effectively deal with such competitors as they might lure clients to believe that tourism and hospitality being offered by a particular country or firm is inefficient. Thus, it is always imperative to be aware of an anonymous atmosphere in order to strategize on how to deal with such competitors. This is so as without studying the strategies that can be used to counter such competitors, the tourism and hospitality industry would not benefit fro m the public through the social media as a medium of communication (Burke, 2009). Use of the social media like Facebook, Twitter, magazines and the television are mediums that are unpredictable and hard to control. This based on the fact that different individuals come in contact with the mediums used, and they respond/understand the message being passed differently. This is the reason as to why the tourism and hospitality sector ought to have a back-up plan that will ensure that that what is being passed to the public does not get distorted. This shows that a social media is a very essential medium of communication that has to be laid down by the firm concerned effectively. This is based on the fact that different people receive the message in an unpredictable way. The response of the public at times is difficult to control, and hence a negative implication to the field of tourism a...

How Do William Golding and Williams Shakespeare Present...

How do William Golding and William Shakespeare present disturbed characters? In Lord of the Flies Golding presents disturbed characters as savage and blood-thirsty. After his own experience in world war two, he seems to believe everybody has a savage personality and thriving which is brought out through an extreme situation. Golding uses the technique of evoking emotion from the reader through the use of innocent children committing unthinkable actions. He conveys his views through the ever growing savage characters of Jack and Roger, whereas Shakespeare presents Lady Macbeth as a mentally disturbed character consumed with an obsession of becoming a part of the hierarchy within society. In the first chapter of Lord of the Flies Golding†¦show more content†¦This is shown when the boys try and outline order on ‘their’ island. Jacks reaction to this is aggressive and intolerant- â€Å"bollocks to the rules! We’re strong- we hunt!†. Here we see that he seems manipulative towards the other characters trying to control them into following him as the leader. When the group of boys head up the mountain our perception as to Jack’s cruelty is further developed. This is shown when Jack is seen to â€Å"snatch the glasses from Piggy’s face†; â€Å"His specs- use them as burning glasses†. Golding uses this cruel streak in Jack so the reader feels sympathetic to lesser characters such as Piggy. The deterioration of civilization on the island first begins with the breaking of the conch, in the novel the conch symbolises rules, like a school bell when the noise sounds it enforces a sense of regulation and order. Second ly the fire symbolises a feeling of hope, it is the one thing that could save them and mean rescue. Contrastingly it represents destruction and corruption, it destroys the idyllic feel of the island first presented to us by Golding. Identity is a main theme in both Lord of the flies and Macbeth, Golding uses the technique of theriomorphism to give Jack animalistic qualities. For example Golding says â€Å"he passed his tongue across his dry lips and scanned the uncommunicative forest† conveying Jack as a primitive character. In other words Golding is beginning to show

Why Are Online Dating Websites - 1407 Words

There are many different online dating websites, so how would you know how to pick the right one. One of the more popular companies is called eHarmony that started in 2000, research by Gupta, Murtha, and Patel supports, under the premise that it matched couples scientifically on 29 dimensions of compatibility. Unlike other dating sites, eHarmony focuses specifically on creating lifelong matches and has marketed the company accordingly. Originally, eHarmony was based on strong Christian principles, using the number of marriages produced from the site as a marketing tactic (Gupta, Murtha, and Patel, 2012). Online dating can be very challenging, tricky and sometimes tiring. However, when you can meet a fine person that you can have a connection with then it can turn out to be very wonderful, exciting and rewarding but it needs time and a lot of effort on both sides. Many singles are fortunate to find a good friend online where they can talk about so many things in life while other singl es are lucky enough to meet their significant other in life. Online dating is becoming more and more popular. Online dating can be very helpful for, connecting people with the same social class, intellectual interests, and entertainment tastes. Meeting someone online can also be very scary to some people. But it can also provide someone who is single and busy all the time a benefit to meet their true love. Online dating has some advantages and disadvantages from traditional dating as well asShow MoreRelatedThe Boom Of Online Dating955 Words   |  4 PagesThe Boom of Online Dating According to Smith and Anderson in the Pew Research Center website, Americans now accept online dating as a good way to meet people. These findings differ from those of their first study in 2005, when most Americans believed that meeting people on the internet was inadequate. 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Beginning with chatrooms in the early 90’s and expanding to mobile dating apps such as tinder and grinder (Kennedy, 2010), online dating has become an institutionalized part of romantic encounters in our society (Kennedy, 2010). Early 2000’s television and film such as â€Å"You’ve Got Mail†, and â€Å"Sex in the City† show case the increased popularity of online dating during the time, and by l ooking at the variety of online dating websites andRead MoreFinding Time For A Love Life1368 Words   |  6 Pagesfirst. In today’s society online dating has become an easy, almost effortless solution to this problem. People of all ages, genders, and sexual orientation are taking to the Internet to find what we feel we all deserve; love. Unfortunately, while online dating is more convenient than traditional dating it also comes with its fair share of dangers. Online dating has become an easily accessible way for scam artists to pray on unsuspecting users. 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Business sustainability performance cost of capital †Free Samples

Question: Discuss about theBusiness sustainability performance and cost of equity capital. Answer: Introduction With the changes in economic and complex business structure, each and every organization has been using financial analysis tools to evaluate the financial performance, availability of the sources of finance and use of capital budgeting tools. In this report, Petronas Gas Berhad Company has been taken into consideration. This is the natural gas distribution company which has been running its business on a domestic and international level. This report has been prepared to evaluate the objective of Petronas Gas Berhad Company related to wealth maximization and source of external finance available for the company. In addition to this, weighted average cost of capital and other capital budgeting technique has also been used to evaluate the available project for the company. This report emphasizes upon the financial analysis for the effective welfare of stakeholders, raise funds from the external sources and evaluating the same by using a weighted average cost of capital. Brief description of company The Petronas Gas Berhad Company is natural gas distribution company headquartered in Malaysia. It has several subsidiaries- Kimanis power sdn. Bhd. It was incorporated in 1983 and was listed on the main market of Bursa Malaysia security stock exchange. This company has the strong brand image in market. Initially the company was wholly owned subsidiary of Petronas and the biggest oil selling company in Malaysia. The company is performing well in the oil and petroleum industry. However, the sales revenue of the company has increased to MYR 4.58 billion in 2016 which is 5% higher than the last four year data. The gross income of the company has also increased to MYR 2.07Billion in 2016. This amount reflects that company has been performing well in the market and increasing the return on capital employed. Group structure of Petronas Gas Berhad Compan It is a listed company in which CEO and managers take all the important decisions of the organization. It is observed that company has been following decentralized business functioning in which all the decisions are taken by the process manager and line mangers (Hrisch, Freeman and Schaltegger, 2014). Stakeholders wealth maximization Shareholders are the key promoters and owners of company who provide capital to the company. There are several stakeholders of the company such as employees, shareholders, management, staff members, suppliers, and vendors and government who may influence or get influenced by the activities of an organization. It is evaluated that the company are providing high amount of return to its shareholders with the increase in its earning. However, strategic alliances with the suppliers are also increasing the revenue returns (Baker and Wurgler, 2015). Importance of wealth maximization It is observed that shareholders are the key investors of the company. It is evaluated that if a company does not offer the proper return to shareholder then the brand image of company and efficiency to raise funds from the market wil be effected. There are several ways to establish wealth maximization of shareholders such as setting profit based dividend policy, issue of bonus and other incentive plans. The importance of wealth maximization is related to creating value of the invested capital of the shareholders for their long-term benefits. If this wealth maximization process is not undertaken then it may destruct the value of the shareholders (Hrisch, Freeman and Schaltegger, 2014). Risk minimization model The risk model is implemented to minimize the risk associated with the business of the company. It helps in mitigating the financial and business risk in determined approach. The standard risk model is implemented to identify the risk, develop an action plan and implement proper business activities to mitigate the issues. It also helps in identification of the best course of action which company could take to increase the overall outcomes (Denis, 2016). Analysis of Stakeholders model The wealth maximization of the stakeholders is highly dependent upon the nexus established by the management department for the organizational development and company's welfare. The company has issued bonus shares, contribution in employees provident funds and adequate dip points to suppliers and vendors. In the recent years the company has increased its dividend payment amount to its shareholders with the increase in its profit. It reflects that company adopted profit based dividend policy (Mitchell, et al., 2016). Importance of stakeholders The main important thing about the stakeholders is related to the contributed capital of a company. It is observed that there is several importance of stakeholders (Tantalo and Priem, 2016). Established proper nexus between company's developments with the stakeholder's development. Use of capital to expand the business. Formulation of clients oriented policies and frameworks. Local support and new business functioning. Problems of reconciling the two models This business model reflects that these two models have different objects and approaches. It is observed that if these models are reconciled together then it may destruct the existing business operations of the company. It is evaluated that the company needs to evaluate whether the existing business functions has been offering best results to stakeholders and also complying with the fundamental perspectives. The below-given chart reflects how the stakeholder's models could be reconciled with the risk events of the company. It may increase the overall quality of the business but also reduce the risk of the company. Source: (Kacperczyk, et al., 2015) Sources of finance available There are several sources of finance available to such as an issue of equity shares, debentures, applying for loans in banks and securitization of assets with the assets securitization company (Schwarzmller, et al. 2017). Equity shares- the company could issue share through an initial public offer and further public offer. It is observed that company could opt this option if by raising funds from equity shares holders gives more return on capital employed. However, the cost of the equity covers all the expenses incurred to issues of shares in market and return and dividend given to shareholders. Debentures- It is observed that debentures could be defined as bonds and documents offer by the the company to investors for their capital. It has fixed interest payment which is charged on the profit. If a company fails to pay this interest amount to debenture holders then it may result to wind up or dissolution of a company (Cox and Nguyen, 2018). Securitisation- It is the process which could be used by the company to covert its long-term assets into liquid assets. For instance, company could sales it's fixed assets and machines to other companies for the temporary basis and take finance from them (West and Bogers, 2014). Banks loans- It is observed that the company has strong brand image in the market. It could raise capital from the banks and financial institutions after applying for loans. However, banks may charge high interest from the company which results to increase the cost of capital of the company (Rostamkalaei and Freel, 2016). Distinguished for the Petronas Gas Berhad Company It is observed that the company is listed company and having a strong brand image. After evaluating all the details and information regarding the company, it is inferred that the company should raise funds from different sources of methods. For instance, 60% capital could be raised by issue of equity shares in the market. The issues of equity shares have zero financial leverage nor does company pay fixed amount to shareholders. On the other hand, issues of debentures may increase the financial leverage and the interest payment is the charge on the profit. It may decrease the value of the investment and put negative impact on the business functioning of an organization if a company fails to have adequate gearing ratio. However, in case, if a company is having strong profitability then the company could opt for the issues of debentures in a market. This option not only decreases the cost of capital but also increase the financial leverage of company (Cuevas?Rodrguez, Cabello?Medina and Carmona?Lavado, 2014). Possible consideration was undertaken by management These above-given sources of finance are opted by the company for raising funds on the basis of cost associated with the business and return on capital employed. Company could use proper analysis tools such as capital budgeting tools, net present value methods, cash flow methods to determine whether the particular source of finance would increase the net present value of investment of company (Queen, 2015). Cost of the capital- It is amount of total money which is required to be paid by company to the persons who have deployed their capital in the business of the company. However, it includes the cost of equity, debentures and the bank loan financial risk- It is the risk which reflects companys sustainability and business risk. It is observed that if company is having low profitability then it will have high financial risk and vice-versa. This risk is also known financial leverage which may put company in danger for its sustainable business (Kacperczyk Beckman and Moliterno, 2015). It is observed that raising funds from market may be complicated for the company. It is analyzed that company could select the particular source of funding. The selecting of particular source of funds depends upon the two important factors such as financial leverage and cost of capital. After evaluating the annual report of the company, it is analysed that company is having low financial leverage. The total assets of the company are MYR 16554 million in 2017. The total liability of the company is MYR 4587 million in 2017. On the other hand, the profitability of company is also very high and increased its profit by 22% since last two years. The net profit of company is MYR 1739 million in 2017 (Ng, and Rezaee, 2015). This data reflects that the company has very low financial leverage in the market. It is observed that company should raise more funds from the market by using debt funding process. It will help company to reduce the overall cost of capital and increase the return on capi tal employed of company. There are main two advantages of raising funds from the market first is related to the low cost of capital and another is related to decrease in the financial leverage of the company. Therefore, it could be inferred that the company could use debt funding to raise funds from the market (Montmartin, and Herrera, 2015). Now, in the end, it could be inferred that company could raise funds from the market by issue of debentures in market. It will reduce the overall cost of the capital and increase the overall return on capital employed of company. The management of the company needs to evaluate whether the issue of debts in market would be expensive for the organization or not. It will also reduce the overall cost of capital and create value of the investment (Frank, and Shen, T., 2016). Discussion of weighted average cost of capital and computation of the same It is the amount of overall cost of capital which pays to its internal and external factors. This weighted average cost of capital assist organizations to determine whether the particular project should be accepted or not. If the return on capital employed is positive then management of the company could accept that project and vice-versa. The weighted average cost of capital could be computed as below. Cost of equity (calculated through CAPM) = This is the amount cost which is computed by following capital assets pricing model. Cost of Debt = 3% Interest payment= MYR 103 Million Total liabilities= 3548 Cost of debt before deducting tax benefits= Computation of the cost of debt Interest payment 103 Debt 3548 Interest rate 3% Cost of debt 2.03% Cost of debt after deducting the tax= 2.03% Computation of the cost of equity The cost of equity is the amount of return paid to equity shareholders. However, cost of equity is determined on the basis of using proper CAPM model (Krger, Landier and Thesmar, 2015). Computation of the cost of equity RF 4% RM 10% Beta 0.99 CAPM (Re) 9.9400% WACC = Cost of debt (interest rate after tax) + cost of equity WACC Capital Amount Cost of capital % of portion WACC Equity 11967 9.94% 77.1318% 7.67% Debt 3548 2.03% 22.87% 0.46% Total capital 15515 WACC 8.13% After evaluating all the details from the annual report of company such as total debt amount, equity share portion and interest payment, the WACC of the company has been computed as above. The weighted average cost of capital of company is 8.13%. (Petronas Gas Berhad Company, 2016). Implication of higher weighted average cost of capital on the investment decision It is observed that the weighted average cost of capital is the total amount of cost of capital which company requires paying to internal external investors for the use of their capital in organization. The implication of higher WACC on the investment decision would be negative on the business. If company has low WACC then it could easily accept any project. In case, the company has higher WACC then the return on capital employed would be low. Therefore, lower WACC reflects the positive indication to the company as it could easily accept any project (Dagher, 2016). The main problem which may arise while computing weighted average cost of capital in general firms The main problem which arises in computing the WACC is related to identifying the right beta of company, risk-free rate of return and tax deduction available on the interest expenses. Beta- It reflects the risk of company based on the marketing factors. However, it could be computed on the basis of the share price of company and market capitalization. It becomes cumbersome to compute in case when there are high differences between share price fluctuation and share price of all ordinary indexes Risk free rate of return- It is hard to determine which risk free rate of return should be chosen to compute the cost of equity in the absence of proper information. It may also deviate the results of calculation. Tax deduction- It is evaluated that in case of international transactions, company may face problem while determining the tax-deductible expenses. Therefore, it may create problem while computing the cost of debt of company (Ortiz-Molina and Phillips, 2014). Problem which may arise while computing weighted average cost of capital It is observed that the company has two types of capital such as debt capital and equity capital. It is evaluated that in order to compute the cost of equity of company, the company could use capital assets pricing model. The main difficulty which may arise could be related to identifying the right beta, Risk-free rate of return and the market premium of company. The trade-off theory of capital structure The the company is having good amount equity capital which reflects that company should establish the proper capital structure. It is observed that company is managing debt portion of 22% and 68% equity portion. It is observed that the company may have to face high financial cost due to high equity portion and less debt portion. The Company needs to increase the overall its deb portion in its business. It will not only reduce the overall cost of capital but also increase the financial leverage of company ( Birn, 2017). Recommendations After evaluating the annual report and other details of company, it is inferred that The the company is having low financial leverage but a high cost of capital. In addition to this, company is also having good profitability in its business. Therefore, company should increase the debt to equity portion by increasing the overall debt funding in business. Particular (MYR in Million) Capital Amount Equity 11967 Debt 3548 Total capital 15515 The total capital of company is MYR million 15515 which is accompanied by the 78% equity portion and 22% debt portion. It has increased its revenue by 22% in 2017 as compared to last four years data. Therefore, company should also increase its debt portion to reduce the overall cost of capital. The existing capital structure of company is managing debt portion of 22% and 68% equity portion which reflects low financial leverage and high cost of capital. the company should be more inclined towards increasing the debt portion and increasing the return on capital employed. The gearing ratio of the company is 10% which is very low and clearly indicates that company could charge more interest amount on its profit (Wang. et al. 2015). Conclusion The capital structure of the company is accompanied by the debt and equity portion. The company has strong brand image and high profitability in its business. The company should be less worried about the financial leverage and market risk. After analyzing the financial details, it could be inferred that company has moderate cost of capital and has increased its return on capital employed throughout the time. Nonetheless, the debt portion should be increased to 30% to keep the balance between risk and cost of capital. 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