Tuesday, August 25, 2020

The Shots of Goodfellas Essay Example | Topics and Well Written Essays - 500 words

The Shots of Goodfellas - Essay Example Goodfellas doesn't celebrate the criminal way of life like The Godfather. The confining of the short following shot from a three-shot to the two-shot is fundamental for the mental perspective of the crowd that must be happy to acknowledge the maybe anecdotal statement that the man through whose eyes the story will be told was not as ruthless and brutal as people around him. The development away from legitimately remembering Henry for this show to uniting Tommy and Jimmy is a removing gadget that inconspicuously makes a feeling of crowd interest with Henry’s character. At no time in the altering of the extraordinarily rough opening succession of Goodfellas is Henry Hill at any point remembered for the polishing off the homicide of the man in the storage compartment. The crowd has no chance to get of knowing who this man is or what part he will play or why he was slaughtered. For the crowd can’t potentially realize he was a totally blameless observer to a wrongdoing as op posed to a wiseguy himself. Since this is the initial scene that basically acquaints the crowd with the fundamental characters it is basic that Henry isn't just never observed playing a functioning job in the homicide, yet apparently reacts to Jimmy’s gesture of the head to open the storage compartment in any case as Jimmy is his chief. The response shots of Henry reacting to the fierceness before him as opposed to partaking additionally serves to additionally increase crowd support to a limited extent on account of the lethal happiness with which Tommy executes and the fast scoff that shows up on Jimmy’s face before he shoots the body.

Saturday, August 22, 2020

SAT Make-Up Exam on February 20 Heres What to Do

SAT Make-Up Exam on February 20 Here's What to Do SAT/ACT Prep Online Guides and Tips Winter has come inthe type of Storm Jonas, influencing a great part of the East Coast. Governors of Delaware, Georgia, Kentucky, Maryland, New York, New Jersey, North Carolina, Virginia, Pennsylvania, Tennessee, West Virginia, and Washington DC pronounced a highly sensitive situation, and many SAT test focuses shut. DidYOUR January 23rd SAT test focus get closedbecause of the tempest? How would you amplify your score up until your February 20 cosmetics test? Discover here. (Picture credit: Weather Channel) At this point, the tempest and test date have both passed, so in case you're perusing this you likely had your Jan 23rd SAT dropped. You're following after some admirable people. According to our observation, 837 test places shut across 22 states - one of the most serious test disturbances we've ever seen.The College Board is anticipating a cosmetics test to be managed on February 20, 2016. We'll have the last rundown of test focuses that shut as you look down, however more importantly,how do you invest your energy until the Feb 20 SAT to build your score?We'll give you the best assets we need to do a minute ago prep. Need to improve your SAT score by 160 points?We've composed a guide about the main 5 techniques you should use to have a taken shots at improving your score. Download it with the expectation of complimentary at this point: What to Do After Your SAT GotCanceled So is the Jan 23rd SAT crossing out GOODor BADnews? A few understudies were justifiably cheering: Not terrible, but not great either not really good or bad so upbeat SAT has dropped for the afternoon and I got the opportunity to rest in ðÿ˜šðÿ˜šðÿ˜šðÿ˜š - lexiii (@lexiiweberr) January 23, 2016 I actually began sobbing tears of bliss when I discovered my sat was dropped today :- ) - meagan (@meaganbatjer) January 23, 2016 By and by, however, I would HATE for my SAT to be dropped. I treat tests like I'm a fight. During the time paving the way to the test,I develop myself to the apex of my testing capacity. I control my rest and diet to ensure I'm at top execution on Saturday morning. I survey my shortcomings the evenings prior so everything's preloaded in my mind. I get up Saturday morning prepared to take on the inept College Board. On the off chance that the test gets dropped, that implies I need to do this once more. That sucks. Be that as it may, the incredible news is, you currently have an entire additional month to keep taking a shot at your shortcomings. Having a feeling that you're not at your testing top yet? Presently's your opportunity to focus on your shortcomings. We've composed the best aides anyplace to get you to boost your latent capacity. Here are ourmust-perused advisers for start you off: The most effective method to Get a Perfect SAT Score, by a Perfect Scorer Focusing on a high SAT score? I composed this mainstream manual for talk you through the techniques and study propensities you have to maximize your SAT score. Step by step instructions to Get 800 in SAT Reading | SAT Math | SAT Writing I jump all the more profoundly into each SAT segment and show you how to get an ideal score in every one of Reading, Math, and Writing. The Best 30-Day SAT Prep Program Available At PrepScholar, we've made the best SAT prep program accessible. To demonstrate it, we have the main 160 point ensure - finish the program, and on the off chance that you don't improve your SAT score by 160, you'll recover all your cash. PrepScholar alters to your shortcomings, so it's ideal for the month you have until your SAT cosmetics in February. In your additional month, buckle down, and you canimprove your SAT score by at least 160. The most effective method to Write a SAT Essay, Step by Step Need a bit by bit intend to compose a solid SAT Writing exposition? Here's a guide you can follow to compose a triumphant exposition for each and every SAT esay brief. The Ultimate SAT Reading Prep GuideThe Ultimate SAT Math Prep GuideThe Ultimate SAT Writing Prep Guide Here are our most complete SAT prep guides for each segment. Feeling week on Reading, Math, or Writing? We have you secured with the best methodology aides and substance accessible anyplace. Need to improve your SAT score by 160 out of 30 days?We have the business' driving SAT prep program. Worked by Harvard graduates and SAT full scorers, the program learns your qualities and shortcomings through cutting edge insights, at that point alters your prep program to you so you get the best prep conceivable. Look at our 5-day free preliminary today: Which SATTest Centers WereClosed on Jan 23? Here's theupdated finished rundown of testing focuses that were canceled.At the last count, 837 testing places were shut! This is a tremendous portion of the nation, upsetting a large number of understudies. These states were hit the hardest: Connecticut, Delaware, Georgia, Kentucky, Maryland, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Tennessee, Virginia, and West Virginia. STATE CITY SCHOOL ID Alabama Huntsville Randolph School #01173 Alabama Huntsville The Univ Of Alabama In Huntsville #01174 Alabama Madison Bounce Jones High School #01182 Alabama Muscle Shoals Northwest-Shoals Cc #01218 Arksansas Conway College Of Central Arkansas #04239 Arksansas Little Rock Lobby HS #04190 Connecticut Ansonia Ansonia HS #07103 Connecticut Bloomfield Bloomfield HS #07120 Connecticut Bridgeport Focal Magnet HS #07138 Connecticut Bristol Eastern HS #07145 Connecticut Danbury Danbury HS #07165 Connecticut Darien Darien HS #07180 Connecticut East Haven East Haven HS #07200 Connecticut East Lyme East Lyme HS #07201 Connecticut Greenwich Greenwich HS #07260 Connecticut Groton Robert E Fitch Sr HS #07265 Connecticut Guilford Guilford HS #07266 Connecticut Hamden Hamden HS #07275 Connecticut Hartford Bulkeley HS #07280 Connecticut Meriden Platt HS #07340 Connecticut Middlebury Westover Sch #07345 Connecticut Naugatuck Naugatuck HS #07380 Connecticut New Haven Hillhouse HS #07400 Connecticut New Haven Wilbur Cross HS #07420 Connecticut New Milford New Milford HS #07435 Connecticut Oakdale Holy person Thomas More Sch #07477 Connecticut Orange Expectation Acad #07487 Connecticut Orange Southern Connecticut Hebrew Academy (Sunday Test Center) #07485 Connecticut Pawcatuck Stonington HS #07490 Connecticut Stamford Stamford High School #07565 Connecticut Stamford Westhill HS #07570 Connecticut Stamford Bi-Cultural Day School (Sunday Test Center) #07555 Connecticut Trumbull Trumbull HS #07605 Connecticut Weston Weston HS #07666 Connecticut Willimantic Windham HS #07705 Connecticut Wilton Wilton HS #07710 Dc Washington Anacostia High School #09160 Dc Washington Kinship Collegiate Acad #09129 Delaware Bear Red Lion Christian Academy #08080 Delaware Shrub Shrub Sr High School #08118 Delaware Middletown Appoquinimink High School #08124 Delaware Middletown St. Andrew'S Sch #08122 Delaware Milford Milford High School #08125 Delaware Newark Newark Sr HS #08135 Delaware Wilmington Sarah Pyle Academy #08171 Delaware Wilmington Brandywine HS #08150 Delaware Wilmington Tower Hill School #08175 Georgia Acworth Frederick J Furtah Prep Sch #11553 Georgia Athens Cedar Shoals HS #11205 Georgia Athens U Of Georgia #11120 Georgia Atlanta Georgia State U #11155 Georgia Atlanta Marist Sch #11170 Georgia Atlanta Atlanta Metropolitan State Coll #11226 Georgia Atlanta Benjamin Mays HS #11125 Georgia Atlanta Cross Keys HS #11129 Georgia Atlanta North Atlanta HS #11180 Georgia Atlanta S. Atlanta Sch Of Health/Medical Sci #11195 Georgia Atlanta St Pius X Catholic HS #11190 Georgia Atlanta The Lovett Sch #11200 Georgia Atlanta Westminster Schs #11220 Georgia Augusta John S Davidson Fine Arts Magnet Sch #11232 Georgia Augusta Acad Of Richmond County #11225 Georgia Augusta Head servant HS #11235 Georgia Augusta Georgia Regents U #11221 Georgia Augusta Westside HS #11230 Georgia Austell South Cobb HS #11237 Georgia Buford Buford High Sch #11267 Georgia Calhoun Sonoraville High School #11296 Georgia Calhoun Calhoun HS #11275 Georgia Canton Sequoyah HS #11291 Georgia Carrollton Carrollton HS #11293 Georgia Carrollton U Of West Ga #11295 Georgia Chatsworth Murray County HS #11606 Georgia Chatsworth North Murray HS #11607 Georgia School Park Benjamin Banneker HS #11317 Georgia School Park Hapeville Charter Career Acad #11674 Georgia School Park Woodward Acad Mid Sch #11315 Georgia Business Business High School #11332 Georgia Business East Jackson Comp High School #11333 Georgia Conyers Rockdale County HS #11335 Georgia Covington Georgia Perimeter Coll #11334 Georgia Cumming North Forsyth HS #11356 Georgia Cumming West Forsyth High School #11358 Georgia Dallas Paulding County HS #11370 Georgia Dalton Dalton HS #11375 Georgia Dalton Southeast Whitfield HS #11371 Georgia Dawsonville Dawson County High School #11682 Georgia Decatur Southwest Dekalb HS #11392 Georgia Decatur Decatur HS #11380 Georgia Decatur Towers High School #11395 Georgia Douglasville House of prayer Hill HS #11404 Georgia Douglasville Gatherer Christian Acad #11402 Georgia Duluth Duluth High School #11408 Georgia Elberton Elbert County Compr HS #11425 Georgia Ellenwood Blessed Word Christian Schools Intn #11428 Georgia Evans Evans HS #11430 Georgia Fairburn Creekside HS #11435 Georgia Fayetteville Fayette County HS #11440 Georgia Fayetteville Strong Rock Acad #11592 Georgia Fore

Monday, July 27, 2020

My Special Study Spots

My Special Study Spots Hey guys, Now I know there have probably been a few other posts that talk about places to go study around campus, but Im going to make mine kind of special. When you go to a college as big as Illinois, there are plenty of study spots, and it seems like when finals roll around theyre always filled up because everyone knows these are the best spots. These spots are obvious though; the Main Library/UGL, Grainger Engineering Library, the Illini Union, theyre all obvious choices. For you guys though, Ill let you in on my special study spots for future reference. And Ill even give it to you in forms of my top 3! 3. Armory Building I had a class here my freshman year, so Ive always known that there were plenty of classrooms open for student use, however there are plenty of students on campus that have never taken more than one visit to this lovely building, which makes it a prime study spot. Located right in the middle of Armory Avenue, this little gem kicks off my little list. Image found on (http://www.traviasuite.com/university-of-illinois-at-urbana-champaign-history.html) 2.  The ACES Library Probably the least known of the major libraries on campus, this has been one of my more frequent locals recently due to the availability of its resources. Its not as big as some of the other libraries, but they have a nice computer lab, and several classrooms open to student usage. Located on Goodwin Avenue by Mumford Hall and the Fab Lab. Image found on (https://nicolehelregel.wordpress.com/2012/10/06/libraries-i-love-funk-aces-library/) 1. English Building Now as a Creative Writing major, I might be a little biased towards my majors hub, but it just seems like every time I need a quiet place, somewhere to print, or a desk, the English Building comes through in the clutch. There are several floors of open classrooms, just waiting to be used by students of all majors. They have a great computer lab too! Located right on the quad on the Wright Street side. Image found on (http://www.trekearth.com/gallery/North_America/United_States/Midwest/Illinois/Urbana/photo1201530.htm) That concludes my list. Hopefully everyone can get some good studying in. Good luck on your finals. Until next time, Kenny Kenny Class of 2016 I’m in the Creative Writing program in the College of Liberal Arts and Sciences. I’m originally from Tampa, Florida, but I’ve been calling Illinois my home since 1998. I’ve lived all over the Northwest suburbs, from Palatine to Lakemoor to where I currently live back home, Mundelein.

Friday, May 22, 2020

Factors Leading to the Rise of the Nazi Dictatorship in...

The Great Depression played a big role in helping the Nazi Party capture power. Many nations were suffering from the Great Depression in 1930, including Germany who had to pay for the war reparations. During this period of economic and politic crisis, the country had been easily influenced by the politics parties. They wanted someone who is capable and had what it takes to be their leader to lead them through the huge crisis that they were facing. Most Germans who are in desperate state as they wanted Germany to be like once, able to be proud of and not in such a state where they had to struggle to fulfill the almost impossible terms of the Treaty of Versailles. They considered that period as a disgraceful decade in their history. Due to†¦show more content†¦In 1930, because of the Nazi Party’s good fortunes and careful planning, their votes increased from 12 seats to 107 seats. One of the factors that helped them captured more votes was because they mainly targeted o n people who were affected worst on the Great Depression like the farmers and small businessmen. He promised to cut taxes, protection on food prices for the farmers, and making policy of making trade unions powerless and stopped communisms to the small businessmen. It appealed them. Many male Germans also supported Hitler because of the military appearance. Female German also supported him because he made them feel very important as he wanted them to bear lots of Aryan children to serve the country. Hitler also made a point to declare through his speech that he detests the Jews, and naturally, those Germans who are mostly Protestants, too, blamed the Jews. In brief, Hitler appealed to a wide range of people in voting for him. And Hitler successful gained the support of the Germans and started his rule of dictatorship. Propaganda was also one of the main methods that helped the Nazi Party to gain power. It was used intensively by them, influencing them by using the press, the radio, the films, a form of art and more. Adolf Hitler’s speeches could also be counted as one of theShow MoreRelatedThe Policy Of Appeasement During The Outbreak Of War Essay1332 Words   |  6 Pagesaggression, appeasement became a policy adopted in the 1930s, especially by the British. Appeasement was developed in the belief that countries such as Germany were unfairly treated in the Treaty of Versailles. It was used in hope to prevent Germany and Italy going to war. â€Å"Appeasement was seen to be magnanimous, good business, idealistic and a form of security.† The policy of appeasement was widely pursued by Britain and France in the 1930s, refers to attempting to satisfy Germany s demands byRead MoreThe Rise Of Nazism By John Maynard Keynes3444 Words   |  14 Pageshistory it has experienced huge economic growth and profound economic failures. German politics also followed a similar fate . However, these changes were important to leading Germany into new grounds and new problems, the most significant of which includes, what some describe as an inevitable dictatorship of Germany. For many years the rise of Nazism has been put down to the idea of the Sonderweg, a ‘special path’ which would lead Germany through a change between both authoritarian and democratic ruleRead MoreThe Rise Of Nazism And The Holocaust1668 Words   |  7 Pagesworld wars. 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These conditions meant that the Nazi extremist ideologies had little appeal to Germany’s population. However this periodRead MoreTo What Extent Was the Rise to Power of the Nazis Due to the Wall Street Crash?2028 Words   |  9 Pagesthe rise to power of the Nazis due to the Wall Street Crash? Historian Carr writes It is inconceivable that Hitler could have come into power had not the Weimar Republic being subject to the unprecedented strain of a world crisis, thus he thinks that the Wall Street Crash was the cause of problems in Weimar leading to the rise of the Nazis. In 1933 the Nazi party took control of Germany, installing Hitler as chancellor. Evidence would suggest that the Wall Street Crash was a major factor in theRead MoreEssay about Evaluating the Historical Comparisons of Hitler and Stalin3458 Words   |  14 Pagesabsolutely, great men almost always are bad men.† Lord Acton 1887 No other men could fit this description of power and corruption more perfectly than Hitler and Stalin. Throughout history they have been both idolised and demonised leading to the overwhelming fascination the world has with them. Both successfully rose to heights of power in their own countries which was unprecedented, they were able to manipulate the public, had strong ideologies and regimes and between Read MoreDemocracies And Their Tendency to be More Peaceful Than Authoritarian States1144 Words   |  5 Pagesdemocratic. Authoritarian states are generally not as advanced economically or otherwise as their democratic counterparts that may be a contributing factor why they may be more hostile. Also the geographical layout of the states, namely in the Middle East and the grappling for resources, mainly oil may cause tensions leading to war or conflict (Iraqs invasion of Kuwait). Europe doesnt o have an essential commodity like oil; it relies on its economic strength through tourismRead MoreFactors Affecting the Success of Hitler, the Opportunist Essay1949 Words   |  8 PagesAdolf Hitler’s rise to power can be largely attributed to his ability to make use of events that happened in Weimar Germany, however much of his success came from careful, precise planning. Life after World War One was difficult for all Germans; the country was in political chaos with other factors leading to the relatively easy rise to power of Hitler. During the Stresemann years Germany started to rebuild itself leading which required Hitler to very carefully plan the ways in which he conductedRead MoreThe Rise Of The Great War2463 Words   |  10 Pageslooking for someone to lead them into a period of happiness and prosperity, like that of the years before WWI. In 1933, Adolf Hitler ascended to the position of Chancellor of Germany, and thus began his conquest for power, domination, and genocide. His rise to power can b e characterized by his own cunning and charisma, his exploitation of the Germans desperation caused by the Great Depression, and the way he created a scapegoat to carry the blame. Hitler became the leader the Germans were looking forRead MoreEssay on Economic, Political and Social Effects of Stalins Purges2356 Words   |  10 PagesSoviet Union? Perhaps under the circumstances of the 1930s in the approach to war a dictatorship may have benefited the country in some way through strong leadership, the unifying effect of reintroducing Russian nationalism and increased party obedience. The effects of the purges on the political structure and community of the USSR can be described (as Peter Kenez asserts) as an overall change from a party led dictatorship to the dictatorship of a single individual; Stalin. Overall power was centred

Saturday, May 9, 2020

Should College Athletes Be Paid - 1497 Words

Over the last few decades college athletics has gained immense popularity since the turn of the century. Many people even prefer collegiate sports to professional sports. Whether it is football or basketball, no matter the sport, college athletics bring large amounts of money to their respective Universities as well as increasing the popularity. Many Universities make millions of dollars off the games and the merchandise they sell. The only reason that the Universities make this kind of money is because the student-athletes fill the seats. Yet, even with the Universities making that kind of money off what the student-athletes do, the student-athletes aren’t paid, and there lies the problem. According to NCAA rules, â€Å"You are not eligible for participation in a sport if you have ever: Taken pay, or the promise of pay, for competing in that sport† (NCAA Regulations 1). So, that leaves the question â€Å"Should College Athletes Be Paid?† Due to the rule many student-athletes have turned to black markets to receive the compensation they feel they deserve. Many colleges have boosters that will offer top recruits money, cars, basically anything that they want as long as they go to that boosters’ University. This use of power by boosters is completely illegal and it has also caused an imbalance in collegiate sports because recruits tend to go to the colleges of the top programs where they are more likely to get compensation from boosters. Boosters have been able to keep mostShow MoreRelatedShould College Athletes Be Paid?1289 Words   |  6 PagesThroughout the years college sports have been about the love of the game, filled with adrenaline moments. However, the following question still remains: Should college athletes get paid to play sports in college? Seemingly, this debate has been endless, yet the questions have gone unanswered. The National Collegiate Athletics Association (NCAA) plays a vital role in this debate. Th e NCAA is a billion dollar industry, but yet sees that the athlete should get paid for their hard work and dedicationRead MoreShould College Athletes Be Paid?1334 Words   |  6 Pagesrising to the surface is â€Å"Should college athletes be paid?†. This has become a burning question. The NCAA is a multibillion-dollar industry, that makes millions, if not billions, in revenue. Yet it’s still maintains the non-profit status meaning that the industry is not set on making a profit and none of the revenue that is made is distributed to its members, managers, or officers. While most players who play in college sports are under a scholarship, that pays for the college tuition, books, and housingRead MoreShould College Athletes Be Paid?1578 Words   |  7 PagesAshay Mehta Nou Per 8 Should College Athletes Be Paid? One of the hottest debates in the sports industry is if college athletes should be paid. If you want to pay these athletes, how would the college determine the dollar amount that should be paid? Should the basketball team make more than the football team? Should the the soccer team be paid as well? Cheerleading? Chess team? Should everyone on the team get a salary? What if your college is good at football and your basketball team is awfulRead MoreShould College Athletes Be Paid?1398 Words   |  6 Pagesbelieve that college athletes at the highest performing schools are better treated than others. Although they do not get paid, they do receive some benefits for being athletes that other students would not get. One advantage for playing a sport is access to scholarships that some schools reserve for their athletes. Depending on the school and the athlete’s performance, money towards tuition is often given. Only some schools are willing to grant â€Å"full-ride† scholar ships for certain athletes. 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College athletics have attained an extensive popularity increase among Americans over the past few decades. This has resulted into increased revenues for the National Collegiate Athletic Association [NCAA] and the participating colleges, which has fuelled the debate of whether or not college athletes should colle ct an income. College athletes should not be paid to playRead MoreShould College Athletes Be Paid? Essay1739 Words   |  7 PagesShould College Athletes Be Paid to Play? The National Collegiate Athletic Association (NCAA) governs all laws regarding college sports under the Division I, Division II, and Division III conferences. Its sole purpose is to protect student-athletes on and off the field, and regulate all games and scholarships affiliated with the students. Right now there are 1,121 colleges and universities under the NCAA (NCAA, n.d.), leaving a chunk of schools out—those who do not participate in Division I, II,Read MoreCollege Athletes Should Be Paid1254 Words   |  6 PagesSome college athletic departments are as wealthy as professional sports teams. The NCAA has an average annual revenue of $10.6 billion dollars. College athletes should be paid because of the amount of revenue that they bring to their college. Each individual college should pay its athletes based on how much revenue they bring to the college in which they attend. The colleges that win their Division title, their Conference title, or the National championship, give bonuses to the Head coach of that

Wednesday, May 6, 2020

Total amount of holdings News Corporation Free Essays

Daily Mirror, New York Post, Sun, Times, XX Century Fox Films, HarperCollins†¦ – is there anybody, who doesn’t know these names nowadays? But not everybody knows that all of them are the names of great Empire News Corporation, which belongs to Rupert Murdoch. Total amount of holdings News Corporation for June 2001 was 43 milliard dollars, and annual income of the company was 14 milliard dollars. More then 30. We will write a custom essay sample on Total amount of holdings News Corporation or any similar topic only for you Order Now 000 employees work in 720 firms, which belong to the company in 52 countries all over the world. Isn’t it impressive? And at the head of all those companies is one person – Rupert Murdoch. How he managed to do it? Cannot we use his â€Å"know-how†? Stuart Crainer tries to answer with changing success all these questions. When I read this book, the first thing I noticed that I didn’t regret reading it. I found a lot of interesting information, which was written in good literary language. You read the book with bated breath, trying to understand secrets of a giant of media industry. All those things will help you in your future life – not only in business. They explain approach to life – these facts can change you life, they can make an earthquake in the system of your values. By Crainer’s opinion, although Rupert Murdoch is the head of one of the most successful and influential companies in the world, his style of management was examined rarely. This book is determined to fill this gap to some extent. Not accidentally you can see already in the header promise to show 10 main secrets how to create successful business. It is biography by genre, and the author seems to claim to the role of â€Å"business-biographer† of the mighty of this world. Curious reader certainly will find out details from early life of media giant. You can find in the book chronology of important bargains and business deals, which resulted creation of that which is called now â€Å"the Empire of News Corporation†. But the story about a person by name Rupert Murdoch is not the main for the author. The main milestones of Murdoch’s life are presented in the role of necessary â€Å"frame† for business phenomena called â€Å"Rupert Murdoch†. In capacity of background, where the figure of main hero of narration is boldly demonstrated, Crainer skillfully uses different theoretical conceptions, results of examinations, investigations, management models of such recognizable authorities in the field of management as Henry Minzberg, Warren Bernis, Fill Hodgeson, Rendell White, Jay Forester, etc. When other famous businessmen – for example, Bill Gates – found their popularity by their innovations and ability to choose time for serious business deals; the success of Rupert Murdoch is based on his ability to be a perfect manager. Essence of this quality and main reasons of his career success the author tried to catch by formulating 10 secrets of successful business. Murdoch is follower of old school of management. In description of professional way of ambitious manager you will not find â€Å"motives† which are so popular nowadays, as constant learning, delegation of extreme powers and responsibility. Business is a war, and life, by opinion of businessman, is nothing more nor less than â€Å"series of interconnected wars†. Rupert Murdoch was born in Melbourne (Australia). He was a son of famous Australian military correspondent and publicist Sir Kate Murdoch (1886-1952) (Andrew Walker, p.5). After he graduated from Worchester college (Oxford, 1953) he inherited from his father two newspapers in Adelaide (Australia) – â€Å"Sunday Mail† and â€Å"The News†. In 1969 he bought his first newspaper in Great Britain – London â€Å"News of the World†. Four years later he bought already two newspapers in the USA: â€Å"San Antonio News† (subsequently â€Å"Express-News†) and â€Å"Texas News†. In 1974 Murdoch finally settles down in New York and continues his business, buying more and more newspapers. From the beginning of 80-s people start to speak about Murdoch as one of biggest media-magnates of the world. After he bought in 1985 studio XX Century Fox Films, his power started to spread over cinema, and later over TV-industry as well. Nowadays Rupert Murdoch is giant mammoth of Empire The News Corporation Ltd (Woopidoo! Biographies Business Masters, p.1), which consists of three regional colossi – News Ltd (Australia), News International (Great Britain) and News America Holdings Inc. (USA). Totally News Corporation, which states a value of $30 milliards, consists of approximately 800 companies, from which 52 are quite big. The biggest enterprises: BSkyS, Los Angeles Dodgers, XX Century Fox Film and Star TV (Center for American Progress p.1). Annual income of Rupert Murdoch Empire was approximately $12 milliards during those years. Rupert Murdoch is really prominent figure. By opinion of the author Stuart Crainer, co-founder of consulting company Suntop Media, in civil social conscience rules such a vicious image of Murdoch that nobody would like to share the same room with such a person. Society remembers that already at the beginning of his career magnate didn’t disdain to use such means as to publish in once serious issues erotic and scandal materials; he fired his own workers without any compunction; in other words, he used everything, which in his opinion, in any way could assist in development of media giant (Capstonideas.com, p.1). How to cite Total amount of holdings News Corporation, Papers

Tuesday, April 28, 2020

Should English Be The Law Essay Example

Should English Be The Law Essay The modern pace of progress of our civilization has culminated in a belief that we live in a global village. Some people attribute this state of things to the globalization of business. Others are convinced that mass media have a great deal to do with it. Some point their finger in the direction of the Internet. Still others shift the focus to the expansionist policy of the USA. All of these things must, of course, be taken into account when we speak about the global village, but the driving force behind it is the English language. This factor combines all things mentioned above into a coherent whole: English is the dominant language of science and technology, international organizations and mass media, business, the Internet and the most powerful nation – the USA. It is everywhere. Some 380 million people speak it as their first language and perhaps two-thirds as many again as their second. A billion are learning it, about a third of the worlds population are in some sense exposed to it and by 2050, it is predicted, half the world will be more or less proficient in it. It is the language of globalization—of international business, politics and diplomacy. It is the language of computers and the Internet. Youll see it on posters in Cote dlvoire, youll hear it in pop songs in Tokyo, youll read it in official documents in Phnom Penh. Deutsche Welle broadcasts in it. Bjork, an Icelander, sings in it. French business schools teach in it. It is the medium of expression in cabinet meetings in Bolivia. We will write a custom essay sample on Should English Be The Law specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Should English Be The Law specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Should English Be The Law specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The article of Robert D. King is captivating, not to be denied. The very complicated problem of language Mr. Robert D. King elucidates from the very democratic and human point of view. One can not but agree with the expressed ideas. Mr. King describes the â€Å"linguistic† situation in many countries – Great Britain, The United States, India, Irland and others. I would like to supplement the picture by one of the recent examples. Take, Ukraine, this long-suffering country and its nationalists led by their president Yushtshenko who have raped the country and impose their values on it. They want to justify the war criminals from the so-called Ukrainian Rebel Insurgent Army, they want to tear up the people from Russia, their traditional friend, brother and protector. These nationalists pathologically hate the Russian language, great and powerful, as Iwan Turgenev puts it, notwithstanding the fact, that the greater part of the country speaks Russian, practically all its southeastern part, economically most developed in addition. The nationalists proclaim the Ukrainian the country’s only official language. At almost all schools and institutes the pedagogical process is conducted in Ukrainian, nobody is interested in the desire of parents and students. In my opinion such forced Ukrainization  Ã‚   can not be successful, in this respect m y opinion fully coincides with that of Mr. King as I understand it. Mr. King says that in the United States English should be the law, but the process of spreading the language must be voluntary and natural, without any compulsion. We have room for but one language here, and that is the English language, for we intend to see that the crucible turns our people out as Americans, of American nationality and not as dwellers of a polyglot boarding houses† (Theodore Roosevelt). There are many countries where the problem of language is solved democratically as it must be in civilized countries: The United States, Great Britain, Ireland, Switzerland, India. In Canada, Ceylon and in the Ukraine this rather complicated problem is solved undemocratically. I am opposed to the idea of independent Quebec. Ukrainian   nationalists want and even dream to become a member of the European Union, but the policy of suppression of the Russian is barbaric way of solving this problem, it violates all European norms. â€Å"Language is an explosive issue in the countries of the former Soviet Union† (Estonia, Moldova, the Ukraine). In the United States of America there is no linguistic problem: â€Å"Who needs a law when, according to the 1990 census, 94% of American residents speak English any way?† Not many of   today’s immigrants will see their first language survive into the second generation. Spanish is hardly a threat to English†¦ The everyday language of South Texas is Spanish, and yet South Texas is not about to cede from America† This â€Å"language does not threaten American unity†. â€Å"History teaches a plain lesson about language. There is almost nothing the government of a free country can do to change language usage and practice significantly, to force its citizens to use certain languages in preference to others, and to discourage people from speaking a language they wish to continue to speak.† The world of languages gives a glaring demonstration of inequality. Some languages give better opportunities to success and enrichment than others. Every language has a certain investment appeal: some languages are more attractive and some less. According to some estimates 90 % of the current some 6.000 languages will have died out by the end of the century. In terms of culture it would be a tremendous loss. However one must be a realist and face up to the inevitable. We may like or dislike English, but we must recognize the fact that English has already ensured a future for itself. How right was Kipling when he wrote: â€Å"But first you must master their language Their dialects, proverbs and songs. Don’t trust any clerk to interpret When they come with the tale of their wrongs†. Politicians may be forcing people to speak the language with a poor investment potential, they may even declare the language to be the only state language, but what they prove by it is their poor educational backgrounds and deplorable reading habits. Life does not obey political slogans. It has its own laws. We have to adjust ourselves to the realities of life in this village. The only laissez-passer to this village is English. English is certainly bound to survive and flourish. References Crystal, David.(1999). The future of Englishes. English Today,15, 10 – 20.

Friday, March 20, 2020

Mariano Escobedo essays

Mariano Escobedo essays Mariano Escobedo was a healthy man he was my Grandparents great great grandparent. He was a Mexican General from Mexico. He wanted to govern Mexico, he fought against dynasty and he won. Escobedo fought against the French Invasion in Mexico to govern Mexico. He became a great general who fought against Napoleon III (French.) In Mexico City airport and in Monterey his name is printed and also in some streets of difference parts of Mexico. Mexico had borrowed money from England, France and Spain. In 1861 representatives from this countries got together in London to find a way to get Mexico to pay this countries. Troops from this three countries went to Veracruz in 1862. They were welcomed from representative from Mexico. The general Juan Prim, from Spain accepted the way Mexico was going to pay little by little so as England. The representative from France is not accepted he wanted the money and ordered his troops to prepare to fight. The government of Benito Juarez organize the defense. He made in charge the general Ignazio Zaragoza to get to Puebla and fight with the French. They attacked each other in the " Fuertes de Loreto y Guadalupe. The troops of Zaragoza, helped from the Indians Zacapoaxtla. In 1862of Mat 5 they won against the French. The emperor from France, Luis Napoleon Bonaparte, wanted to extend his powers in America and in Asia. He dreamed to form a great empire. Mexico took advantage of that situation to peek an European emperor to govern Mexico and to stop the politic anarchy. Luis Napoleon made them recommend Fernando Maximiliano de Habsurgo, brother of the emperor Maximiliano accepted his embarkation to Mexico but with her wife, the princess Carlota Amalia de Belgica. Luis Napoleon send his army to wish napoleon luck. Austria and Belgica also send troops. The emperors arrived to Mexico at the end of 1864. In Veracruz, Puebla were great big welcomes. ...

Tuesday, March 3, 2020

3 Changes That Will Take Your Essay From Good To Great

3 Changes That Will Take Your Essay From Good To Great Whether youre sitting down to write a research paper for English class about Buddha or youre hours deep in the writing portion of the ACT, you want to write a great essay. And although different people have different notions about what makes an essay truly great, there are a number of things that educators and writers generally agree upon as gold-quality standards. Here are three of those qualities that can take your essay from basic to fabulous. 1. Language The usage of language in an essay is more than just the actual words you use throughout. Things like sentence structure, stylistic choices, levels of formality, grammar, usage, and mechanics all come into play.    Good Language Good language in an essay is merely adequate. Its basic. Theres nothing inherently wrong  with your language, but theres nothing exceptional about it, either. Good essay language means youre using  some variety in your sentence structures. For instance, you may write a few simple sentences interspersed with some compound sentences. Your level of formality and tone are also appropriate to the essay. Youre not using familiar language and slang, for example, when youre writing a research report in class. Good language in an essay does not disrupt your thesis. Your point gets across and thats all well and fine if youre happy with a good essay. Example:  When Jack walked into his grandmothers kitchen, he spotted the freshly baked cake on the counter. He helped himself to a huge piece. It was chocolate, and the frosting was a delicious vanilla buttercream. He licked his lips and took a gigantic bite.   Great Language Great language is fresh, full of sensory detail when appropriate and propels your essay forward in invigorating ways. Great language uses a variety of sentence structures and even some intentional fragments when appropriate. Your tone isnt merely adequate; it enhances your argument or point. Your language is precise. Its chosen specifically to add nuance or shades of meaning. The sensory details you select pull your readers in, giving them goosebumps, and make them want to keep on reading. Great language makes readers take what youve said very seriously. Example:  Jack stepped over the threshold of his grandmothers kitchen and inhaled. Chocolate cake. His stomach rumbled. He walked to the counter, mouth watering, and took a   rose-pattered china plate from the cabinet and a bread knife from the drawer. The slice he sawed off was enough for three. The first bite of rich vanilla buttercream made his jaw ache. Before he knew it, nothing was left but chocolate crumbs scattered on the plate like confetti.   2. Analysis Teachers are always asking you to dig deep in your essay, but what does that really mean? Depth is the level at which you analyze the topic you are writing about. The deeper you dive into your essay, the more poking and prodding at values, tensions, complexities, and assumptions you will do.   Good Analysis The word analysis in and of itself implies a certain level of depth. A good analysis will use reasoning and examples that are clear and adequately demonstrate the importance of the topic. Support may be relevant, but it may come across as overly general or simplistic. You will have scratched the surface of the topic, but you will not have explored as many of the complexities as you could have.   Lets take, for example, this question: Should cyberbullying be stopped by the government? Example: Cyberbullying needs to be stopped in its tracks by the government because of the harm that it causes to the victim. Teenagers who have been bullied online have had to be treated for depression, have felt compelled to change schools, and some have even committed suicide. A persons life is too important not to intervene.   Great Analysis A great analysis of a topic is a thoughtful critique that demonstrates insight. It critiques assumptions and details complexities not hinted at in just a good analysis. In the example above, the good analysis mentions the harm to a victim of bullying and names three things that could happen to him or her because of it, but doesnt get into other areas that might offer more insight like societal values, governmental control, effects rippling from one generation to the next, for example.   Example:  Although cyberbullying needs to be stopped - the effects are to dire not  to intervene - the government cannot be the entity to regulate speech online. The fiscal and personal costs would be staggering. Not only would citizens be forced to give up their First Amendment rights to free speech, they would have to relinquish their rights to privacy, as well. The government would be everywhere, becoming even more of a big brother than they are right now. Who would pay for such scrutiny? Citizens would pay with their freedom and  their wallets.   3. Organization Organization can quite literally make or break your essay. If a reader doesnt understand how youve gotten from point A to point B because none of your dots seem to connect, then he or she wont be compelled to read any further. And more importantly, he or she will not have listened to what you have had to say. And thats the biggest problem there is.   Good Organization A standard five-paragraph essay structure is what most students use when they write essays. They start with an introductory paragraph ending with a thesis sentence. They move on to body paragraph one with a topic sentence, and then proceed, with a few scattered transitions, to body paragraphs two and three. They round out their essay with a conclusion that neatly restates the thesis and ends with a question or a challenge. Sound about right? If this sounds like every essay youve ever written, then you can be sure youre not alone. Its a perfectly adequate structure for a basic essay.   Example: Introduction with thesis Body paragraph oneSupport oneSupport twoSupport three Body paragraph twoSupport oneSupport twoSupport three Body paragraph threeSupport oneSupport twoSupport threeConclusion with restated thesis Great Organization Great organization tends to move beyond just simple supports and basic transitions. Ideas will progress logically and increase the arguments success. Transitions within and between paragraphs will strengthen the argument and heighten meaning. If you start out organizing your essay strategically, with room for analysis and counterarguments built in, your chances of building a great essay improve by quite a bit. And some students find it easier to get more in depth by writing a four-paragraph essay instead of five. You can engaged more with a particular topic in the body paragraphs if you knock out your weakest argument and focus instead on providing a deeper, more thoughtful analysis with just two.   Example:   Introduction with thesis Body paragraph oneSupport one with detailed analysisSupport two that addresses values, complexities and assumptionsCounterpoint and dismissal of the counterpoint Body paragraph twoSupport one with detailed analysisSupport two that addresses values, complexities and assumptionsCounterpoint and dismissal of the counterpointConclusion with restated thesis and option for better idea Writing Great Essays If your goal is to move forward out of mediocrity, then spend some time learning the basics of great essay writing. After that, pick up your pencil or paper and practice. Nothing will prepare you better for your next essay then writing strategically-organized, well-analyzed, and carefully-worded paragraphs when the pressure  isnt  on. Here are some places to start: Enhanced ACT Writing Essay PromptsOld SAT Essay PromptsPhoto Writing Prompts for Any Age14 Ways to Write Better in High School

Sunday, February 16, 2020

The Knowledge gained from experience and education Research Paper

The Knowledge gained from experience and education - Research Paper Example A dissertation shows that an individual can work alone and helps in the individual’s career development while assessing the skills and competencies (White, 2003, p.3). All through my course work, I have learnt allot in the Human resources management; the role of human resources in competitive success, strategic human resource management and human resource planning, foundations of recruitment and selection and psychological perspectives of Human Resources Management, the foundations of performance management, managing compensation and rewards and the contemporary issues affecting human resources management. All these have enabled me have a greater understanding of Human resource management as a course. Each of these chapters and units have been accompanied and presented with a case study to better understand the concepts. Since the main function and goal of the Human resources management of any company is to supervise the employees, I will be able to help the company attain its goals by maximizing on the employees capability and at the same time motivating them. This friendly environment will make the company soar into greater heights. The Human Resources department of any company brings all the employees together to be able to act as a team to achieve the desired goals. I have learnt that for a company to boost the employee loyalty, their basic employment needs and requirements need to be met in time. Such basic needs include timely release of the pay checks, provision of health benefits and salary increase. I have also learnt that the Human resources department is concerned with the adherence to the corporate social responsibility (CRS) policies by showing the staff that they are highly appreciated and recognized. I will be able to conduct my research through intensive research methodology which will enable me acquire

Sunday, February 2, 2020

Wine Festival Event Essay Example | Topics and Well Written Essays - 750 words

Wine Festival Event - Essay Example Media coverage would be very important to making this event work, as appropriate advertising must be done to ensure that the wine loving public is aware of this event. Wine lovers will be the main attendees of this event, as it will give them an opportunity to sample many different wines from around the region. In addition, wines that are new to the marketplace will be encouraged to participate in order to raise public interest on their specific product. This is an excellent opportunity for restaurant and bar owners to advertise themselves to the demographic that they need to reach. For sponsorship, we can look to bars and restaurants that sell wines and brandys because this could be used as an advertising expenditure for them. The Australian government is another possible sponsor, as this event will be used to help local businesses grow. The goal of this event is to familiarize the public with the various types of wines that are available in the region, with a special emphasis being placed on local wines. This is done in order to promote local businesses and products, which will hopefully benefit the local economy. Once the event grows in popularity, it could also become a popular tourist destination for wine lovers who wish to experience a multitude of wines in a short people of time. Other goals would be to increase Australian wines sales by 20% and to allow for new Australian wines to have an opportunity to reach the public. This event, which would take place at the Gold Coast Convention and Exhibition Centre, would have a very unique format, due to the amount of wines that would be present. The main concept is to create a venue for winemakers, restaurants, and bars to get their products into the public eye in a relaxed and hospitable environment. Winemakers, bars, and restaurants would bring their products to the event and allow for those attending to sample them for a low price. Each of these participants would bring some featured

Saturday, January 25, 2020

Criminal Justice System- War on Drugs

Criminal Justice System- War on Drugs Introduction This paper will tackle the issue of the criminal justice system in relation to the social justice system on the issue of war on drugs as started by Richard Nixon in 1972 and will look at the effects of certain policies, the loopholes being exploited and several views from people about the way the criminal justice system tackles the issue of drugs. The paper will focus on the contemporary issues that are related to the criminal justice and social justice systems. First, this paper will review the facts as they stand and as they were presented earlier. It has been noted that there are about 500,000 drug related incarcerations in the US. In 1999, it was noted that 1.532 million Drug related arrests were made and this was equivalent to 10.9% of all arrests in that year. According to findings, the prison population in the US is the largest in the world with drug related convictions forming a substantial part of these at 25% in 1998 are also noted for 1999. These have led to the correctional facilities being filled up by drug offenders. The treatments that are accorded for the incarcerated offenders and the methods like medication using drugs like methadone being described are then discussed. The discussion will also include alternative treatments. These treatments include the use of cognitive behavioral therapy, counseling, educational enhancement programs for juveniles and vocational training. Lehigh (1993) reveals that the cost of these treatments and their outcomes are then analyzed with treatment for a single case being put at about USD 2,940 while the benefit to society due to this treatment in reduced crime and incarceration costs being put at USD 9,170 in the period 1993 to 1995. The outcomes of these treatments showed a positive effect since the tax payer saved 3dollars for every dollar spent on treatment and also because the individuals who underwent the treatment showed reduced chances of going back to drug engagement as opposed to those who did not go through the treatment. Incarceration alternatives are then discussed at with options such as treatment of the offenders in hospital-like facilities instead of prison sentences being mooted. The next issue to be discussed is the widely growing clamor for the legalization of marijuana. Notable developments including the more relaxed approach to criminal prosecution of drug offenses and preference of treatment alternatives by the new administration, the increasing attention given to pro marijuana organizations by the media, the seemingly apathetic enforcement of marijuana laws by some police force and the new positions being taken at the United Nations will be discussed in detail.  Their effects on the growing clamor for drug legalization are analyzed as the section concludes by airing the views of those who want things to remain as they are. Pursuant to this the year 2000 Proposition 36 of California is discussed with regards to its attempts to lessen the penalties for non-violent possession or use of drug s (Cassese, p.65). The concentration of law enforcement agencies in the pursuit of individual users as opposed to the large gangs and cartels that produce and distribute these drugs is then tackled. The links of the Mexican cartels and the Salvadorian MS-13 gang that has a strong presence in the US at 20,000 buoyed by the post 9/11 concentration on terrorism by the law enforcement agencies is looked at. Descriptions of their links and the threats that they pose other than their distribution of drugs in the US are also noted. Other gangs like the bulldogs and F-13 are then discussed. To end the paper an analysis of the perceived racial bias that the war against drugs has taken with the implementation of the criminal justice system being regarded as biased towards the incarceration of minorities in the African American, Latino and Native American populations. Cases are cited like the prevalence of drug related busts in these populations neighborhood and the increased likelihood of black persons being arrested of drugs use being incarcerated. The issue of different punishment under the law for use of crack cocaine and powder cocaine is also discussed as being racially discriminative of the African American population. An Examination of the Law Enforcement Issues Law enforcement in the United States has become synonymous with various factors coming into play. Generally, under the laws of the US, it is a crime to possess, use, distribution and/or manufacturing of drugs like marijuana, opium and cocaine since they are considered illegal. Investigations on the various ways of curbing drug abuse among the youth have been carried out by the law enforcement agencies through the police. For instance, in the New York schools, random testing to establish the students who use these drugs has been introduced so as to assist in rehabilitating the students. The US has about 5 percent of the world’s population but 25 percent of the prison population in the world; these are about 3 million and on parole there are 5 million. Out of this number the people who were held for drug related offences were 500,000 in 2008(Webster, 2009). In 2001, The Office of National Drug Control Policy (ONDCP) released a fact sheet on the state of the criminal justice system’s pursuit and addressing of drug related offenses. According to the sheet, 21percent of incarcerations at federal facilities in the US were drug related while those being locally supervised were reported at 26 percent in 1998. The fact sheet estimated that an average of 71% of the persons incarcerated in the countries jails had abused drugs at some time while the average for the entire population of the USA was estimated to make up 40%. A statement in the sheet quoted the FBI as having made up to 1.532 million arrests that were drug related making up 10.9 percent of all the arrests made in 1999. The numbers of incarcerations cut across the sexes with males being dominant at 7000 shy of a million and females were recorded to be more than 80,000 in 1997. Females in state prisons were found to have been most likely under the drugs influence when they committed the offences. The use of the drugs was estimated to have been 4 weeks leading to their offense; these statistics were reversed for the sexes in federal prisons. The cost of maintaining the prisoners was for both sexes were found to be equal. The sheet revealed that the amount of money spent on incarceration of individuals with charge that were related to drug offenses in 1996 was USD 30 billion. Application and Operation of the Criminal Justice System The criminal justice system in the United States is largely guided by the United States Constitution. For instance, the anti-drug abuse treatment is provided in accordance to the Violent Crime Control and Law enforcement Act (p.7) by the Federal Bureau of Prisons (BOP) to the prisoners that were eligible before their release time. This treatment is provided through transitional programs that were both residential and also non-residential. This treatment aims at reducing the expenses that are incurred by the society as a result of crimes that were drug related. It also ensures that the drug victim goes back to productive life in the society free of desires to use illegal drugs. Inmates in relation to drug abuse as a criminal offence and how it is dealt with; Who are just about to be freed and are living in halfway houses are offered transitional services. These services include counseling and support services. The inmates in the detoxification program are isolated from the general population and are put in treatment units specially designed for detoxification. The non-residential section has programs that are not limited to a single place but move around to the perceived areas that need education and counseling on drug related issues. Fields (p.12) insinuates that it was estimated that 77.5 percent of the inmates in correctional facilities required treatment for substances abuse. In reality, fewer than 11 percent out of the 77.5 percent were actually getting the treatment in 1997 with 30 percent receiving treatment in facilities that are specially designed. Almost 2 percent of them were in hospitals while the others were being treated while in general facilities for all inmates regardless of crime. There are many modalities covering areas such as cognitive behavioral therapies and drug based medication. One of them is pharmacological maintenance whereby the participants are subjected to medication that acted in place of the desired drug. This gradually eliminates the need felt by the inmate or it blocks the drugs effects on an individual. Levo-alpha-acetymethadol a long-acting opioid maintenance compound was also used to surpass the requirement for daily clinic visits for those using methadone. The specific drugs that were in use in 1999 were Buprenrphinand narcotic analgesic. Buprenrphinand was used to antagonize opioids like Heroin in the bloodstream, Naltrexone also opioid antagonistic inhibits the effects attributed to opioids that reduced an individual’s need for the use of the drugs and Methadone. The narcotic analgesic was used in the place of opiate derivatives such as morphine and codeine. It was also reported that inmates were attending outpatient treatments and psychotherapies that were held formally with professional counselors informally held with peers. These sessions included the use of cognitive behavioral therapies that aimed at changing the reasoning of the individual as to what drove them to the abuse of the substance. Vocational therapy and peer group support structure like those made famous by the Alcoholics Anonymous were used during the sessions. Acupuncture was also mooted as an alternative used in conjunction with counseling to aid in decreasing the physical desire for drugs and the symptoms that are contributed to the denial of accessing the drugs. Other means that were in use to aide abusers were the Multimodality programs. These offered a combined treatment regime that incorporated treatments such as methadone medications, family and psychotherapy. This therapy was combined with education enhancement which was for inmates that were of school-going-age, stress management and vocational training techniques. An aftercare program was and still is in use with all the described counseling methods being used over a twelve step sessions /meetings o prevent the inmates from relapsing on their abusive ways an. Recovery training and additional vocational training is also done to help in the full recovery of these individuals. Webb (p.4) states that there are insufficient programs to promote the well being and support offenders who have recovered and are trying to fit back into society.  Still there are people who feel that the correctional system is not doing enough to treat these inmates. They cited the addictive properties of some of the treatments as replacing one master for another. This fact led to the Office of National Drug control Policy Reauthorization act of 2006 which was aimed at overcoming the addiction tendencies developed by the patients who were treated using Opioid analgesic drugs. Drug abuse related crime investigation techniques are many. The laboratory method may be employed in most advanced cases. This is where evidence is collected and put in preservation bags for court presentation when bringing up the case. The presented evidence is then transported to the central database centre where it is kept safely. The most ardent technique is the one that involves the use of detectives who basically investigate the alleged crime committed. The costs and outcomes of treatment According to the National Treatment Improvement Evaluation Study of the Center for Substance Abuse Treatment, the mean cost per episode of treatment of substance abuse inmates between 1993 and 1995 was reportedly said to be USD 2,940. The mean gain to society was estimated at USD 9,170 per treated individual this save the society an impressive three dollars for every one dollar spent (Fields, p.17). This was considered a success. The profit was realized from the fact the costs that were footed by society for the purpose of treating and compensating drug related crime damages were greatly reduced since these individuals were made more productive to society. The BOP survey of inmates that were fully treated and released before 1996 revealed the success program. The BOP survey showed that there was a low probability of the individuals who went through the treatment to rearrest in the first half-year of their release. There was 3.3 percent possibility or rearrested in comparison 12 percent possibility for the individuals who were released without undergoing through the treatment. In the post-release period 20 percent of those that had received treatment were reported to use drugs while in the same period, 36 percent of those that didn’t seek treatment while incarcerated. Relating Social Justice to Criminal Justice Basically social justice describes a form of justice system whereby justice is assured in all aspects of the community. An example of social justice is whereby the society as a whole works together in to stop the penetration of drugs in the community by curbing and ending drug use among the youth. Social justice requires high commitment from the community and their good will to be socially responsible. This because according to critics, the criminal elements are well known to the community and therefore it would be easier to identify and eliminate these criminals. Criminal justice describes a justice system where justice achievement is based on law enforcement agencies which use their policies in reinforcing law and order within the community setup. From as early as 1993, there have been widespread complaints about the criminal justice system. It was complained that the system, in its war against drugs, took in many prisoners who were termed as petty dealers and passive abusers and this left the system in a crisis. These allegations were backed by the American Bar Association. At the floor of the US senate, these sentiments were backed up by Virginia senator Jim Webb who accused the system of going dramatically wrong by quote ‘swamping the prison system with drug offenders’. Treatment has been viewed as one of the most efficient alternatives to incarceration and the persuasive abilities of the criminal justice system to get offenders into treatment and to have them follow the regimes efficiently, with little degradation of the peace of communities was seen with the creation of Treatment Accountability for Safer Communities (TASC) program in the 70’s. The communities were required to provide the requisite treatment under the criminal justice system prescription while TASC role was to monitor the program as it progressed. This was done to ensure the offender was making progress in their treatment as well as comply with the criminal system prescription. Criminal Justice and Social Justice in relation to Incarceration The criminal justice system and the social justice system handle incarceration in different ways. In the social justice system, incarceration is carried out in accordance to the social setting to the community. The criminal justice system handles incarceration according to the procedure that has been laid down in the Constitution of the state which is supreme. The correlation between these to systems will be closely examined in this paper. Examples from drug related cases will be used. The attitudes towards the use of illegal drug which is a common activity all over the US have been seen to change over the last months. Reportedly, there are at least 30 groups that are pushing for the legalization of the use of marijuana including Marijuana Policy Project whose members have reported increased attention from mainstream media that wanted to discuss the issue. Open discussion on the issue of  lifting the ban with the aim of reducing the growing numbers of inmates held in custody for drug relate crimes such as possession and abuse of marijuana are being carried out. Subsequently, the National Organization for the Reform of Marijuana Laws reported the presence of thirty-six different marijuana legalization bills that were pending in 24 states in mid-march 2009. This shifting attitude is being attributed to the baby-boom generation that used this drug heavily in the 60’s and are now controlling the instruments of power. Opinion polls carried out in California also show a slim majority of respondents, 54 percent were in support of the legalization. Proponents of legalization argue that this will alter the current problem that is attributed to law and order due to the violence that is occurring from the Mexican suppliers of most of this drug to a problem of public health since the regulators will be analyzing and setting quality standards. They also attach the huge monetary benefits that will accrue due to the reduction of spending on enforcement of bans and the amounts that will come in due to the tax that will be gained from the legalizatio n of the trade. In addition, the findings of the Nixon initiated and rejected 1972 Shafer report that found that the users of and marijuana itself bore no significant harm to the public and recommended the withdrawal of penalties given to the individual users and also small-scale distributors. Further support for this crusade comes from the unlikely quarters of the UN World Drug Report of 2009 that argued the legalization case. The report lauds much praise on the Portuguese decriminalization policy that not long ago was castigated for encouraging the drugs proliferation. The report roots for the non-custodial detention of drug offenders who are not perceived to be dangerous. The report argues that it is of no benefit to confine people caught with drugs and they should be directed to options for treatment options since the package is already confiscated. Perhaps the biggest support to this issue has come from the moderate stance that is being taken by Gil Kerlikowske the new head of the White house’s ONDCP. His comments suggest that the new administration will deal with the drugs issue as more of a health issue as opposed to a criminal issue and gave credence to treatment instead of incarceration. The Seattle police have also openly admitted that their enforcement of marijuana related laws has been lax preferring to deal with other serious crimes (Fields, p.21). As always there have been dissenting voices that propose sticking with the current situation they have termed the changing perceptions as hogwash saying that drug offenders do not just need treatment but they should also be punished for breaking the law. Moreover, the executive director of the Fraternal Order of Police James Pasco adds that offenders should be shown the repercussions of breaking the laws. They see the drive to legalize marijuana as start in the debate for the all drugs legalization. This observation is quite true as many of the pro-legalization organizations attest to this fact openly. Those against legalization view legalization as the opening of the floodgates to careless use and putting the non-using population in danger. They would have preferred footing the increasing cost of enforcement than see them repealed. These views are increasingly being marginalized especially in public debate as the more vocal advocators of legalization spread the message. At the senate, one senator voted against Mr. Kerlikowske’s suggestions, Senator Tom Cobum of Oklahoma was concerned with the developing permissive attitude in the country with regard to anti-marijuana law enforcement. California’s proposition 36 In California 30% of the inmates are being held for drug related offenses that involved simple possession and use charges and very few being arrested for distribution of drugs. This fact has led to the believe that the punishment Due to this many believe that the punishment measured out at the drug criminals is not equivalent to nature of their crimes. In 2000 a there was a proposition for the deferment of sentencing from the prisons to facilities for treatment after the conviction of an offender. This proposition proposed that the offenders should be sentenced to probation if and only they had gone through the drug treatment program and completed it. It also advocated for offenders convicted with misdemeanors crimes like violence to be ineligible for these provisions. The chance to choose whether or not to participate in these programs were given to offenders after they were convicted and the repercussions of their convictions were made clarified to them. One of the cases where the offender was allowed to choose and decide whether to go into treatment or proceed with punishment and pay the fine was the case of the diminutive fine of USD100 proscribed for the possession of marijuana. Participation of offenders in the program was a probationary term. There were no specification on how the offenders were to be treated; it was the judge who defined it during the hearing of the case. So this was basically done on case by case basis. The procedures for ensuring quality healing were not specified in the proposition but there was a twelve months maximum period of treatment but the minimum period was not given. Probation officers were to monitor the progress of the participants with regard to the treatment and to accordingly advice the court. At the time, the data on the California probationers did not assist the cause for this law, this is because the data revealed that up to a third of the probationers were rearrested 12 months into their probation and this cast doubt on the treatments’ effectiveness. Another observation was  that the law would have shifted the treatment burden to public institutions with more treatment of synthetic drugs in the future being seen as compared to Heroin which was the leading drug being treated at that time. It was also found that the system that existed then was not sufficient enough for handling the expected large numbers. Previous experience with implementation of legislation in California like the three strikes law also worked to the deflation of confidence in this proposition with analysts believing that the implementation would be varying from the court house and location. The number of plea bargains was also projected to increase with the implementation and the fear that a good number of the offenders sent to community-based treatment will not adhere to the treatment plan (Brownlie, p.74). Differences were expected in the implementation of the law where definitions were not as clear and the implementation of this law was linked with an increase with possession-for –sale charges thus creating a newer problem. War on drugs: gangs and cartels It has been noted that the drug war, instead of focusing on the drug cartels and gangs that distribute the drugs and met violence on the population at an approximated 1million people, it focused on the individual non-violent offenders suffering from addiction or mental illness (Webb, p.27). The ABA panel back in 1993 warned that the sharp rise in incarceration of harmless low level drug offenders was depleting the resources that were needed to combat more serious often violent crime (Lehigh, p.3). As the criminal justice system turns the heat on the individual users the gangs are prospering given the major support they receive from Mexican drug cartels. There are many gangs in America, and they have nationwide reach. According to Webster (p.9) American gangs are doing brisk business for Mexican drug cartels that supply them with drugs which they then sell down the drug sale chain to smaller gangs and drug addicts. These small gangs collect money for the cartels and the other hand; the cartels enforce punishments that are to be meted to any individual who crosses their path or defaults in their dealings. Mara Salvatrucha MS-13 mafia is one of these gangs whose’ leaders are being incarcerated in some state prisons like California. This gang was founded by Salvadorians in the 80’s in Los Angeles. It is involved in the smuggling of drugs and people across the border, and accused of raping and assaulting many immigrants. This gang has a trademark of leaving a dismembered corpse with a decapitated head in crime scenes; their involvement in crime is not restricted to drugs as they willingly involve themselves in crimes that they feel are good for their reputation. The FBI has reacted by creating a joint task force with the DEA and ICE aimed at countering the MS-13. The Columbian Cali cartel is another cartel though not as powerful. Both of these cartels have adopted international corporation management style. They have multilevel management starting from the cocaine production sites in South America’s Columbia and Venezuela among other countries up to the highly networked Mexican cartels with valuable smuggling routes to the US and they also have well established networks for distribution within the US. Another network is the opium trade that starts in Afghanistan finds its way to Mexico and then returns to America. These drugs are brought to Mexico by gangs from former soviet states who usually buy them from Afghanistan. The high profits obtained from the sale of these drugs are responsible for their continuity. For instance, processed cocaine goes for about USD 1500/kg in Columbia while in the streets of US, it sells for about USD 66,000/ kg representing a 4300% profit margin making it worth the risk that is involved (Tierney, p.44). This drug money is said to have become an integral part of the Mexican economy with vast regions involving themselves in the planting of marijuana and poppy for opium. The MS-13 is suspected to be in plans to smuggle terrorists into the US after it was seen meeting members of Al-Qaeda in Honduras. Another gang the F-13 had its members arrested and in the Los-Angeles area after shootouts with the African-American gangs trying to capture their drug distribution networks (Lehigh, p.34). These statistics show where the criminal justice system should lay its emphasis on, that is stopping the drugs from entering into the US. These facts also paint a deem picture about the call for legalization of drugs as this would be tantamount to supporting these criminal organizations and giving them funds to continue their reign of terror on the American public and the citizens of the countries that the members  come from. Impact of Drug Policies on the Criminal Justice System Jensen, Gerber and Mosher (p.6) suggest that criminologists have realized that the criminal justice system has been fundamentally changed in direct response to the current war on drug. Since the beginning of the war on drugs, the number of prisoners incarcerated for drug crimes has increased.  The criminal justice system has been forced to quickly make sweeping changes in policy to ensure the requirements of the war on drugs are met.   Furthermore, prisons that were already overcrowded have been stretched to the limits of their capacities and more so that the construction of new prisons soon became necessary.  This rapid influx of prisoners did not allow criminal justice professionals adequate time to research whether alternative measures to incarceration such as treatment or rehabilitation for less serious offenses would be more effective than simply imprisoning every individual convicted of a drug crime regardless of extenuating circumstances. A proactive approach to prevent drug crimes from occurring in the first place would serve society far better than the current system of reactively arresting, convicting and imprisoning people, then dealing with the myriad societal problems created by the criminal justice process. Imprisoning large numbers of people for long periods of time without regard for the seriousness of the crime they have committed and the subsequent long term effects of that incarceration, is neither beneficial to society nor is it fair to the criminal justice system. The criminal justice system lacks sufficient resources to handle the increasing number of drug prisoners who are constantly jailed without any feasible option being present on the ground at the time of their conviction. It is indeed evident that according to Jensen, Gerber and Mosher (p.24) building more prisons would not be a prudent step to take. Authorities must therefore put their heads together in ensuring that they achieve this in the nearest time possible as the criminal justice system is choking from a host of problems. The solution therefore seems to lie in conducting a thorough research in order to determine the potential punishments that could be employed without restraining the criminal justice system. Capstone Model: Modern Criminal and Social Justice Issue The fight against drug related crime is one of the most modern issues in the social are as well as the criminal area. This is more so true in relation to race. The relationship between drug use and race a modern dilemma that is facing the law enforcement agencies on a daily basis. This capstone model is aimed at establishing this relationship. The American Bar association from as early as the late 80’s, had noted drug related arrest rates for minorities were far much greater than those of the majority. There has been a definite connection observed between racial biases and the way the war on drugs has been carried out. It is argued that Native Americans, blacks and Latinos have borne the brunt of the war against drugs with a disproportionate number of these communities being incarcerated as compared to white majority (drug policy alliance, p.1). The alliance claims that racial profiling has dominated the investigation and prosecution of drug related crime with the police holding street drug bust operations in low income areas that are dominated by black and Latinos. In fact, members of minorities who are users of psychoactive drugs have in greater proportions been arrested and punished through prosecution in the criminal justice system instead of being taken to health care institutions to be medicated and reformed There is an argument that the courts charging system is racially biased, sentencing is marred with discrimination and that those in charge of guarding the system from issues like discrimination are not doing their work. In a report by human rights watch it is quoted that the black community represents 74% of  the people sent to prison for drug-related offences even though they make up 13% of the drug users population (Belenko, p.17). In comparison to white people, the blacks and Latinos have a13 times more likelihood of being incarcerated in prisons. Latinos and Native Americans are also not spared with the former being 50% of the entire marijuana-related arrests and the latter forming approximately 66% of those being prosecuted for these offenses at Federal level (Maxfield and Babbie, p.31). It was claimed that the war on drugs as carried out has encouraged the construction of prisons in rural US ostensibly to accommodate the swelling numbers of the minor population being arrested offenses that are drug related. Much cynicism is also attached to the treatment of minorities with many in the criminal justice system falsely believing that most crimes are attributable to minorities and that most minorities are involve in crime. The alliance also claims that much more attention is given to minority neighborhoods and therefore more arrests and convictions of the minorities. Consequently, a large number of these communities will be incarcerated; the skewed opinion is thus perpetuated (Drug Policy Alliance, p.2). The introduction of treatment and education programs, common in the white middle class communities, in the low-income minority neighborhoods was suggested as alternative instead of constructing more prisons

Friday, January 17, 2020

Koito Case

Koito-Pickens-Toyota Case Question 1 The Japanese corporate governance system differs vastly from the US system. Discuss corporate governance issues that may arise under the Japanese keiretsu. The corporate governance system in Japan is widely different from the US one insofar as it mostly involves a unique business model called â€Å"Keiretsu†. A Keiretsu is a form of corporate structure that groups a set of companies with interlocking board of directors and common business interests. Thus, due to its particular structure, some governance problem may arise under this Japanese Keiretsu: ) Issues from the perspectives of financiers Because the business is considered almost like an extended family, the financing may become political and the Japanese Keiretsu will almost always give favor to members of their Keiretsu. This could lead the financiers, for instance, to finance a company member of their Keiratsu they wouldn’t have finance otherwise. As far as the potential fin anciers are concerned, the main issue is the difficulty to enter and invest in the Keiretsu. Getting financial information about the Keiretsu firms could be complicated insofar as the financial and accounting statements are not disclosed.Thus, such discretion could lead to an ambiguity or a lack of understanding from an outside perspective. Actually, the keiretsu are just trying to protect themselves from what they fear the most that is to say the yakuza and the greenmailing. b) Issues from the perspectives owners As mentioned above, the keiretsu are suspicious towards the â€Å"outside† and this behavior may make foreign owners face some difficulties. Because the keiretsu system is much more in favor of inside shareholders than the outside ones, the former may find some difficulties to make the most of their shareholder rights.And this can maybe explain why the outside shareholders are often a minority in comparison with the shareholders of the keiretsu. Moreover, even if on e of the outside owners becomes the biggest one, as T. Boone Pickens did, he may not be able to use his rights as he hoped. c) Issues from the perspectives suppliers One of the main issues for external suppliers is to the relationship between OEMs and suppliers that often leads to dumping on the prices and enables the outside supplier to compete with such cheap prices.As far as the integrated suppliers are concerned, the exclusive partnership with the keiretsu they belong enables them to do business with another leading firm and to gain market shares. d) Issues from the perspectives employees On the one hand and in case of horizontal integration, the very structure of a Keiretsu can lead into a confusion in management. The management transfers are so frequent that employees do not understand for which company they really work for is. One the other, the strong stability that comes out from this system could lead to a lack of action and performance from employees. Question 2What were T. Boone Pickens’ motives when he bought the share? In the eyes of many, Mr. Pickens was only acting as a front man for Mr. Watanabe, a well-known green mailer in order to pave a way to gain power and control over the corporation. Mr. Pickens denies all these accusations of greenmailing by claiming that he bought the share to carry out a â€Å"test case† in order to evaluate the accessibility of the market. In others words, his initiative has the only aim of checking whether the United States could make, in the future, profitable investments in Japan depending of the degree of welcome of the market.Moreover, it is not implausible to think that one motive of T. Boone Pickens was the quest of profit. It should be borne in mind T. Boone Pickens targeted Koito as an undervalued investment opportunity in so far as he anticipated a Koito stock rise due to the tight link between Toyota and Koito. The good performances of Koito stock combined with the rise of the net income an d sales reinforce this idea due to the fact that the shareholder’s average annual return has impressively increased. So the pursuit of rise of the dividends could have motivated him to buy the share.As the largest shareholder of Koito Manufacturing, is he entitled to representation on the board, does Japanese law allow for that? If not what in the law could he use to get an equivalent result? With 26. 4% of stock, T. Boone Pickens should have been entitled to representation on the board of Koito insofar as the Japanese law gives him rights due to the fact that he owns more than 10% of stock. But not so in the Japanese Keiretsu point of view. He was overwhelmingly denied board access in a 1989 annual meeting. †¦It is not a custom in Japan just to say, ‘I’ve become a major shareholder so I should become director. ’†, said Takao Matsuura, president Koito Manufacturing Ltd. There are reasons to wager that his seat on the board was compromised by the fact that the company considers him as a greenmailer. Knowing that T. Boone Pickens was planning to increase his stake to 30%, he could obtain board representation by acquiring 4% more than what he expected. In fact, the Japanese law states that those with at least 34% ownership could propose special shareholder resolutions.An alternative would be to establish a new relationship between Mr. Pickens and all the members of the keiretsu based on loyalty and transparency. They would not suspect him of greenmail anymore. We can suppose that T. Boone Pickens has chosen this way insofar as he supported the adoption of a proposal prohibiting Koito from paying greenmail. Question 3 Besides board representation, T. Boone Pickens demanded higher dividend payouts. Were his demands justified? Provide quantitative evidence to back your answer. Besides board representation, T.Boone Pickens asked for higher dividend payout saying that â€Å"Boone Co’s philosophy was to put stockholder inte rests first† (page 7) and in this very case, his demand for a higher dividend can be justified. Indeed, when we look at the dividend payout ratio for the period 1982 – 1985 (Table 1), it decreases meanwhile the retained earnings was increasing (Table 2). Moreover, at the same period, the proportion of cash was also increasing. In others words, the retained earnings were not invested enough and stay as cash.Then in 1986, we noticed that the payout ratio increased up to 39% and at the same time the retained earnings and the cash goes strongly down. Finally, almost the same phenomenon is observed between 1988 and 1990. In other words, the payout ratio is not positively correlated to the retained earnings which are not invested and stay as cash. Table 1 Table 2 Is there anything in the Japanese commercial code that would allow Pickens to try to get more dividends? If yes, why doesn’t he use this? If not, based on your experience as an international investment banker, what changes would you recommend him to propose?In order to increase dividends, T. Boone Pickens had several solutions. Indeed, many researches on the conflicts of interest between majority and minority shareholders show that dividend  payout  is negatively related to ownership concentration and support the assumption that large shareholders do not appear to use dividend policy to remove excess  cash. In other words,  firms with concentrated ownership are less likely to increase dividends when profitability increases and more likely to omit dividends when investment opportunities improve. So, T. Boone Pickens could decrease the ownership concentration of Koito.There are also some more aggressive solutions to get more dividends. T. Boone Pickens could increase his shares ownership in order to increase his decision power in the General Assembly insofar as â€Å"a owner of 34% or more of the outstanding stock could propose special shareholder resolutions†. Question 4 Pi ckens accused Toyota of limiting profits earned by Koito Manufacturing. Explain how the mechanism works? This mechanism is related to the very structure of keiretsu insofar as Toyota, like most Japanese OEM, owns equity positions in its suppliers.In 1986 almost half of Koito’s output was bought by Toyota and at the same time, Toyota has built a dominant position over Koito by having a 19%-part of Koito’s ownership. Therefore, Toyota was not just one of Koito’s customers but also one of its owners. Through its powerful influence and thanks to the close and informal relationship between Toyota and its suppliers, the car manufacturer had been able to negotiate supply contracts, lower prices and then limited profits earned by Koito. Is this a self-dealing transaction? According to Steven L.Emanuel (â€Å"Corporations†, 2009), a self-dealing transaction occurs when three following conditions are met : (1) A key player (officer, director or controlling sharehol der) and the corporation are on opposite sides of a transaction, (2) The key player has helped influence the corporation’s decision to enter the transaction (3) The key player’s personal financial interests are at least potentially in conflict with the financial interests of the corporation. In the case of Koito, 3 members out of 23 are Toyota’s executives.Even if these 3 members are no longer Toyota’s executives, the Japanese notion of loyalty and the business relations between Toyota and Koito (Toyota buy 48% of Koito’s output) could imply that these three chairmen could act in favor of Toyota or at least try to satisfy the two companies. And in this way, the supplier was treated unfairly and conflicts of interests might have occurred. If Pickens gets access to financial information, how can he set out to prove his accusations? If you were an investment banker, what accounts or data would you tell him to scrutinize.If Pickens gets access to finan cial information, he could analyze the Income Statement and compare the evolution of the growth of sales and the growth of gross profit over these past years. Generally, sales and gross profit evolve in the same direction unless there is a below cost-selling. However, here we noticed for example that in 1986, as sales had grown by almost 10,2%, gross profit had grown by 7% and that in 1990, when the sales had grown by 10. 85%, gross profit had only grown up by 2. 8%. Such comparisons could be setting off alarm bells and could point out the fact that Toyota is limiting profits earned by Koito Manufacturing.On the other hand and if he can, he could also compare directly the price of goods sold to Toyota with the price of the same goods sold to minor customers such as Hino Motors. A high difference between the two prices combined with the fact that three directors of Koito are retired Toyota executives, would prove these â€Å"self dealing transactions†. Would you suggest to cha nge the charter of the organization of Koito? As investment banker, I would suggest him to analyze thoroughly the income statements and the supply contracts between Toyota and Koito in details to reinforce his accusations.As far as the charter of the organization of Koito is concerned, I would suggest to add a clause which enables a person somehow related to a strong customer or a strong supplier to be appointed as director to Koito’s board of directors. Question 5 Toyota has threatened to cut all ties with Koito Manufacturing if Pickens take over the company. How would this affect Pickens investments? If you were a minority shareholder in Koito Manufacturing, whose side would you take? Calculate the value of your shares with or without Toyota.Because Toyota is the second largest shareholder in Koito and is its principal customer, representing 48% of the total sales (Exhibit 2), we may think that cutting ties with Koito Manufacturing will lead to huge losses, at least in the first year. Let’s then calculate the value of a share with and without Toyota. In order to use the Discounted Cash Flow methodology, here are the assumptions we made : * The value of the firm is equal to the value of the discounted cash flows for the next four years plus it’s terminal value. The same growth is expected for the coming four years (this growth was calculated as the mean of the previous years growth) * Because the lack of information concerning the cost of equity we used today Koito’s beta (1. 38), a risk free rate of 3% and a Rm of 10% (return on S&P) in order to calculate an approximative WACC. Our calculations provide us with a WACC of almost 8%. With Toyota : Without Toyota : If I were a minority shareholder I would probably take Pickens’ side because he puts shareholder interests first.However, I would be careful and make sure that making stockholders’ interest first instead of company’s one will not damage the entityâ€⠄¢s wealth. Based on your assessment of the case, are large shareholders an effective solution to corporate gouvernance problem? Based on the analysis of this case, it appears that being a large shareholder is not necessarily an effective solution to the corporate governance problem. Indeed, even if T. Boone Pickens is the largest shareholder, he actually has no influence on â€Å"management issues† including those which concern the amount of dividends paid.