Love Is An Unbreakable And Undeniable Force - 1028 Words

Love through Poetry Love is a very ambiguous concept. The true meaning is completely subjective in nature. To a biologist, it could mean the release of dopamine and serotonin in the brain. To a poet, such as Robert Burns, love can be described like â€Å"the melodie, / That s sweetly play d in tune† (3-4). Even with love’s complex meaning, Robert Burns, Amjad Nasser, and Maya Angelou give their takes on love’s meaning in different but similar ways. The similarity running through all three poems is not one trait, but a combination of all three underlying messages. The messages in short, are that love is an unbreakable and undeniable force. A deep feeling inside that can hurt us if we do not take love for what it is. A force that can heal and comfort today’s sorrows. Overall, love brings people together with its warm, soothing embrace. The poem A RED, RED ROSE, Robert Burns shows how tender and sweet love is by drawing comparisons to love in ways like this; â€Å"like a red, red rose, / That s newly sprung in June / †¦ like the melodie, / That s sweetly play d in tune† (1-4). This excerpt shows the warm and gentle nature of love. Just like the rose and the song, love is also delicate by nature. It can’t be rushed or forced, it needs to be natural. Further into the poem, Burns begins to tell of how timeless and sustainable love is. Burns describes the immeasurable amount of time that love lasts with hyperboles describing a near infinite amount of time and how his feeling will carryShow MoreRelatedAnalysis Of Maeve Binchys Light A Penny Candle971 Words   |  4 PagesElizabeth endures a painful life when Violet leaves for another man, dates a lover who will not marry her, and must cope with a marriage lavished with arguments with her husband, Henry Manson. Eileen’s daughter Aisling experiences a childhood full of love due to committed parents, but marries an alcoholic who leaves her a wealthy widow; she then ha s meaningless relationships with Elizabeths ex-lover and a married man. In Light a Penny Candle, due to the resolution of conflict and the clarificationRead MoreWilliam Shakespeare Remains A Powerful Literary Force To1091 Words   |  5 PagesWilliam Shakespeare remains a powerful literary force to this day, and few of Shakespeare s works are as well-known as Macbeth. The play s epic tale of ambition and greed never fails to captivate audiences. The major themes of this quintessential work are hackneyed in the world of literary criticism: the role of ambition in Macbeth s demise, the role of spirits and witches in carrying out evil, the corrupting of human morals, and many other similar themes. However, another equally important themeRead MoreWilliam Shakespeare Has Remained A Powerful Literary Force1088 Words   |  5 PagesWilliam Shakespeare has remained a powerful literary force to this day, and few of his works are as well known as Macbeth. The play s epic tale of ambition an d greed never fails to captivate audiences. The major themes of this quintessential work are hackneyed in the world of literary criticism: the role of ambition in Macbeth s demise, the role of spirits and witches in carrying out evil, the corrupting of human morals, and many other similar themes. However, another equally important theme isRead MoreMy First Day Of College At Colorado State University- Global Campus1399 Words   |  6 Pagestechnically not. However, my career is not the only reason that I want this degree. I also want this for the other people in my life, my wife and my children. My family is my motivation to get up and get after it every day. 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This establishment of sex as an innate function of one’sRead MorePersonalities of Lee and Jackson: Reflections in War Tactics2120 Words   |  9 Pagestimes of war to let them know that he was still well and thinking of them; even in times of his hardest battles, Lee found time to write to his family and express his love to them all. In his son, Robert Edward Lee’s book, letters from Robert E. Lee to his family and others are examined; hardly ever was there a letter that did not have love in it. Graduating second in his class at West Point, there was no question that Lee had the intelligence and drive to lead and command an army (Monsell 182). ThatRead MoreBook Report/Charac ter Analysis on the Acts of King Arthur and His Noble Knights by John Steinbeck5483 Words   |  22 Pagestry. Sir Balin draws the sword effortlessly and all around him are astonished. The damsel asks for the sword back, but Balin refuses, saying he will not give it up until someone takes it from him by force. She says that if he keeps it, Balin will use it to kill his best friend and the man he loves most in the world. Balin asks permission of the King to leave, and although Arthur does not approve of Balin’s choice, he grants him his request, only asking that he not be gone for too long. The Lady

India s Indian Corruption Crisis - 1643 Words

Due to weak government institutions, the Indian government has become extremely corrupt and this has caused Indians to lose trust in officials, feel unprotected by the authorities, which is causing chaos in politically weaker parts of India. The history of India, Inequalities, poverty, desire for wealth, and desire for power have led to the corruption in India, which is causing chaos in politically unstable parts of the country and causing the ‘Indian Corruption Crisis’. The history of India has lead to India having issues in its government that lead to it becoming a corrupt nation. The history of India is far too extensive to explain, but it starts with northern India, which was civilized land by 500 BC. â€Å"The people had knowledge of iron†¦show more content†¦When the British Empire first conquered India, A new form of Government was introduced, and after India’s independence, kings still ruled in India for six months until India was brought together and India’s government was officially created. After freedom from Great Britain, in the time before India became united, it had many internal conflicts as there was still a central government to be made and since it was a mercantile colony, India was under much poverty when the government finally stabilized and so there was a lot of poverty and crime that came along with their independance. Due to the inequalities created by high populations and disparities, corruption is bor n. â€Å"India is one of the most populous nations on Earth, with around 15% of the global population.† (StAndrews #3) So clearly, saying that India has a large population is a huge understatement. Small conflicts arise in small populations with inequalities, but India consists of no small populace. And starting out as a mercantile colony really created a setback in India. It was hard to become industrialized since some resources were already stripped of India by Britain. And on top of that the high population helped create a higher demand than supply and this helped start inequalities among areas of India. The richer parts of India flourished faster than the poorer parts of India, and since they developed at different paces, in the 20th century, there

Simulation Techniques Financial Management †Myassignmenthelp.Com

Question: Discuss About The Simulation Techniques Financial Management? Answer: Introduction The term capital budgeting can be said to be a process identification and selection of investments in various types of assets in either long term or short term. The process of capital budgeting is an ongoing process since a business organization is expected to make investments continuously. There are five stages involved in the process of capital budgeting. These stages include Screening and selection of investments (Stage 1), Proposal of capital budgeting (Stage 2), Authorization and approval of budgeting process (Stage 3), Tracking the project (Stage 4), and Post completion Audit (Stage 5) (Peterson Fabozzi, 2002; Bierman Smidt, 2007). There are various techniques through which the capital budgeting decisions are taken such as Internal Rate of Return technique and Net Present Value technique, which can be used to make an evaluation of the project, i.e. whether to carry on with the project or not. The term Internal Rate of Return or simply IRR can be defined as a rate of discount on which the Net Present Value or the NPV of project cash flows becomes zero (Investopedia, 2017). In other words, IRR can be said to be a metric which is often used for the measurement of profitability of various alternatives of potential investments. Net Present Value or NPV, on the other hand, can be defined as the present value of cash inflows minus the present value of cash outflows (Investopedia, 2017; Megginson et al., 2008). This is also used to evaluate the profitability from a given project. Thus, in this assignment, various techniques such as sensitivity analysis, scenario analysis, simulation techniques and break even analysis in relation to the techniques of capital budgeting have been analyzed. Techniques of Risk Assessment There are various ways in which risks can be handled effectively, which include both conventional and modern techniques. The modern techniques of handling risks in a capital budgeting decision project are statistical, quite complicated and sophisticated techniques of assessment of risks. These tools and techniques are specifically used for measuring risks in a capital budgeting decision. The detailed analysis of four of the major risk assessment techniques of capital budgeting are given below: Sensitivity Analysis The most common method of evaluating risk in a capital budgeting decision is sensitivity analysis. With the help of this technique, the managers of a business organization can measure the sensitivity of a capital budgeting decision with respect to the changes whether big or small in the values of various factors. In other words, sensitivity analysis can be said to be a manner in which the changes in Net Present Value of a project can be analyzed if one or more variables associated with it are changed. This technique provides an indication of the level to which the Net Present Value and the Internal rate of Return are sensitive to changes in associated variables. If the sensitivity of the NPV of a project is on the higher side, it is indicative of the fact that the variable which is changed is critical for the project (Bedi, 2005). Various steps are involved in using sensitivity analysis for capital budgeting projects. These steps include the following: It is quite essential to identify all the variables which have the capability to influence the NPV or the IRR of a project. The next step is to define the underlying relationship between the NPV or IRR and other variables. After providing the definition, it is rather essential to analyze the impact of the change that has occurred in each of the variables on the NPV or IRR of the project. While performing sensitivity analysis on a project, the decision maker has to take into consideration the NPV or the IRR of the project for each of the forecast. This analysis is based on three important assumptions, which are Optimistic, Expected and Pessimistic. These assumptions allow the manager of the project to ask 'What if' questions. For instance, what is the net present value of a project if the sales increase or decrease? Another question includes, what is the impact on the NPV of a project of increase or decrease in the selling price of the products. Thus, it can be said that the sensitivity of change in one variable associated with a project can be measured with the help of using sensitivity analysis tool. This tool is also called as 'What if' analysis tool and it measures the sensitivity of the outcome of the project to changes in one or more variables. Such variables include change in volume, sales, price of the raw materials and purchases. The outcome of a project is more dependent upon particular types of inputs which are associated to the project rather than other inputs. If everything is kept constant and the change is made in one variable which is directly associated with the project the outcome from the project is bound to change. Thus, with the help of sensitivity analysis, we can analyze how sensitive our project is to change in volume or sales rather than WACC or any other variable. After this analysis, the managers will be able to focus upon putting in resources for ensuring accuracy in estimation for the inputs that are required so as to make the project a success (Madura, 2008; Samonas, 2015). An example can be used to explain the process. A manufacturing company has to undertake a new project. The NPV calculated by the manager of the project is in positive, say $ 50000. The outlay required for the project is approximately $ 250000. The management of the company was interested in finding out the impact of change in selling price on the project's NPV. It is to be further assumed that the sensitivity analysis indicates a decline in selling price of the project by 5% and this change is likely to make the NPV negative. The signal given by this is that the project which is going to be undertaken is highly risky. On the other hand, if the NPV continues to be positive even with decline in sales by 25%, the project can be said to be having a low level of risk. It is clear from the above example that sensitivity analysis is essential for making the manager understand the level of risk involved in any new project which is planned to be undertaken by the organization. Scenario Analysis It is widely known that the most common tool to assess project risk is sensitivity analysis. However, apart from sensitivity analysis there are some other tools as well which are often used by managers to determine risks while making capital budgeting decisions. The managers of an organization are always interested in evaluating the impact on a project given that all major variables change at the same point of time. This is a limitation of sensitivity analysis as the impact of change in only one variable can be determined. However, this limitation of sensitivity analysis can be resolved by scenario analysis. This method helps in the measurement of Net Present Value (NPV) of the project in different scenarios. It also includes making the change in several variables at one point of time since all the variables are interrelated with each other. In this technique, all the possible future events are analyzed by considering various alternative results (Baker English, 2011). In a scenario analysis, there are several scenarios for showing possible future results and it is rather useful for generation of a combination of three different scenarios, namely, pessimistic, an optimistic and a most likely scenario. As per the experience of various experts, these three events or scenarios are essential for further discussion. However, any more scenarios than this will lead to an unclear analysis. This analysis basically has its focus upon estimating the value of a portfolio and whether it will increase or decrease if there is a best case scenario or a worst case scenario (Shodhganga, 2017). There are four components which are critical to the concept of sensitivity analysis. The first is related to determining the factors on the basis of which various scenarios will be built. The second one is related to identification of number of scenarios for analyzing each of the given factors. The third one is related to the estimation cash flows from the asset under each of the given scenarios. The fourth step is related to estimating the probabilities and on the basis of such probabilities computation of expected NPV will be undertaken (Dayananda, 2002). Break-Even Analysis The most crucial variable on which the capital budgeting decisions are usually made is the volume of sales that will be generated if a project is undertaken. If any organization is planning to enter into a new market, it is rather difficult to analyze and evaluate the sales from the project. This is the major reason of considering sales the most essential variables as compared to the others. One of the most popular techniques to evaluate capital budgeting decisions is break even analysis. It is usually used for evaluating the relationship between profitability of the organization as well as sales volume (Cafferky, 2010). There are several types of breakeven measures such as pay-back period which can be interpreted on the basis of the time period till the project attains break-even point. However, the time value of money is completely ignored in this break even analysis (Shim Siegel, 2007). All the measures of the break-even point have a same types of goal. With the help of break-eve n analysis, the managers of a project will be able to determine the volume of sales that would be generated if a project is accepted. With the help of this information, the managers will be able to take a capital budgeting decision whether the project must be accepted or not and whether the project will be profitable in the long run (Brigham Houston, 2015). Simulation Techniques One another technique to identify the level of risk while undertaking a new project is the simulation technique. Simulation technique is a statistical tool which is often employed by the managers to identify the level of risk involved in a project while making capital budgeting decisions. Simulation model is somewhat related to sensitivity analysis. However, there are more advantages of the simulation model than the sensitivity model. This method is more comprehensive than the model of sensitivity analysis. In this method, the impact of a single variable on NPV of a project is not tested rather the model of simulation technique helps in enabling the probable value distribution of NPV with respect to changes in all the variables. This change can be tested in one run only. This method provides better information and understanding of the various kinds of risks associated with decisions related to investments. In order to perform effectively, the simulation process requires a computing p ackage which is sophisticated and latest as it helps in generating the results of the process with ease (Chan Wong, 2015). There are various steps that are involved in the process of simulation which helps in making good investment decisions. The first step involved in the process is related to developing a model specific to the investment project which is going to be used by the software in computer. After the development of the model, a random value is calculated by the computer which is in terms of NPV (Shodhganga, 2017). This will be done for each and every identified variable with respect to the model. For each random values set generation of a new series of NPV as well as cash flows. The most significant variables in a particular project of capital budgeting are the size of the market, share in the market, sales price, fixed costs, salvage value of the assets, variable cost and also the rate of growth. Generation of random values is repeated over a number of times. This activity of generation of random numbers helps in developing probability distribution. This probability distribution so generated helps in the computation of expected value of the standard deviation and also the NPV of the project. This value of standard deviation so derived is then used to determine the risk related to the project (Jain Khan, 2007). Conclusion From the above explanation it can be deduced that the development of probability distribution is not only more dependable but it allows the managers to take decisions continuously with possible outcomes rather than taking decisions at a single point estimation. References Baker, H.K. English, P., 2011. Capital Budgeting Valuation: Financial Analysis for Today's Investment Projects. John Wiley Sons. Bedi, A., 2005. Capital Budgeting. Deep and Deep Publications. Bierman, H. Smidt, S., 2007. The Capital Budgeting Decision: Economic Analysis of Investment Projects. Routledge. Brigham, E.F. Houston, J.F., 2015. Fundamentals of Financial Management. Cengage Learning. Cafferky, M., 2010. Breakeven Analysis: The Definitive Guide to Cost-Volume-Profit Analysis. Business Expert Press. Chan, N.H. Wong, H.Y., 2015. Simulation Techniques in Financial Risk Management. John Wiley Sons. Dayananda, D., 2002. Capital Budgeting: Financial Appraisal of Investment Projects. Cambridge University Press. Investopedia, 2017. Internal Rate Of Return - IRR. [Online] Available at: https://www.investopedia.com/terms/i/irr.asp [Accessed 17 September 2017]. Investopedia, 2017. Net Present Value - NPV. [Online] Available at: https://www.investopedia.com/terms/n/npv.asp [Accessed 17 September 2017]. Jain Khan, 2007. Financial Management. Tata McGraw-Hill Education. Madura, J., 2008. International Financial Management. Cengage Learning. Megginson, W.L., Lucey, B.M. Smart, S.B., 2008. Introduction to Corporate Finance. Cengage Learning EMEA. Peterson, P.P. Fabozzi, F.J., 2002. Capital Budgeting: Theory and Practice. John Wiley Sons. Samonas, M., 2015. Financial Forecasting, Analysis and Modelling: A Framework for Long-Term Forecasting. John Wiley Sons. Shim, J.K. Siegel, J.G., 2007. Handbook of Financial Analysis, Forecasting, and Modeling. CCH. Shodhganga, 2017. Capital Budgeting Practices - A Theoretical Framework. [Online] Available at: https://shodhganga.inflibnet.ac.in/bitstream/10603/43628/8/08_chapter%202.pdf [Accessed 17 September 2017].

Personal success free essay sample

To be successful in life is something every person wishes for. How one becomes successful is defined differently by each individual. Achieving success is not only about how much money one makes as many might believe. Although, to be financially stable is one part of my definition of success, my personal definition also includes many other aspects of life that are important to me. For me, success is really the satisfaction with which I am today and the commitment to continue to grow. As I continue to grow as a person, I think years down the road I will consider my life a complete success. Earning my GED a year after I dropped out of high school was a success to me, even though some thought I was smart enough to graduate rather than achieve the equivalency. I will continue to make mistakes and I will continue to learn from those mistakes. We will write a custom essay sample on Personal success or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Knowing that I am capable of accomplishing anything I put my mind to is my motivation to continue my education. Registering in 2010 at SBC, then dropping out was a complete failure, but my reasons were more important to me at that time. As time went on I realized that I should have stuck it out and continued attending my courses. Then I would have been further in my academics and that is a lesson that one of life’s stepping stones has brought me. Never give up! My current academic achievement has just begun and I am content with where I’m at now than I was two years ago. As long as I’m content and happy with what I’m doing then I will continue to better my education until I earn my degree. Helping others in need when that need is achievable for me is success. To have healthy relationships with my family, friends, and my significant other are my views of personal success. To keep learning, trying new things, and hopefully growing wiser in the process. If I can look back at my life and be happy with the choices I have made, respect who I have become, feel proud of how I have treated others then I will feel that satisfaction of success. To look in the mirror having peace of mind and honestly say to myself that I have enjoyed the journey that life has bestowed upon me then what a success I will be.