Heart Of Darkness 3 Essay Example For Students

Heart Of Darkness 3 Essay Many authors utilize loaded language to try and convey another possible meaning behind the story. However, it is often neglected and the reader never comes to such a realization. But it is quite clear through Joseph Conrads choice of words, that there is a suggestion of an allusionary meaning, which is the determination of heaven, hell, and purgatory. Part one gives a wealth of information to suggest and alternate meaning. The way that I chose to interpret the beginning was that of the story of creation-a new boat, a new voyage, and a new life-just as Adam and Eve had begun. Marlow was starting off sinless and without a fault. Then, Marlow comes across a man who hung himself. ; (p. 12) According to Catholicism, suicide is considered a sin,Through the use of loaded language, Conrad assumes a direct relationship between the story of Adam and Eve to the man who hung himself. As Marlow and his companions walked through the countryside, they eventually wound up in a different location, an inhabited devastation; where there are people, a place where sinners reside. This is a large contrast from where Marlow started out, which was seemingly the Garden of Eden. Reading the section of the story that I did consider the Garden of Eden, I felt quite empty, as if it was a place where only Marlow and his companions were. Conrad used detail in this section which really made me pick up on this feeling of loneliness. When we finally arrive to the inhabited devastation,; the feeling that Marlow along with his companions are the only people there, evaporate. Immediately, the mountainous scenery strikes me. The details that Conrad gives of this specific places, gives me a very cold feeling. All around, the reader receives a geometric description of the natives, who are a part of the inhabited devastation. Just as Adam and Eve are out of place, the reader can assume the same of Marlow and his companions. However, we are not fully aware of one sin that Marlow has come across, the sin of suicide. It has to have played a part in their expulsion.The creation, along with the story of Adam and Eve are only one example of the allusionary meaning to the story. Yet, it is impossible to write a brief paper without using many examples from the book. It is clear that Conrads choice of words serves a specific purpose and should be treated as a point of reference to another meaning of the story. I find it impossible to read Heart of Darkness as just a story about a voyage to Africa.

Accounting and Finance Weighted Average Cost of Capital

Question: Discuss about theAccounting and Financefor Weighted Average Cost of Capital. Answer: Introduction For estimation of the given project, it is imperative that analysis through capital budgeting techniques be performed. However, to enable the same, the cost of capital or WACC computation plays a critical role. This is also applicable for the evaluation of the purchase of the new conveyer belt that Melbourne manufacturing company limited is seeking to conduct. The main aim of this report is to carry out the computation of WACC based on the information provided on the company and also opine of usage of the company WACC as the suitable discount rate for the project so that an accurate recommendation could be offered in relation to carrying on with the new project or not. Computation of WACC In order to estimate WACC or Weighted Average Cost of Capital, it is imperative to compute the cost of the various means of financing used i.e. corporate bonds, preference shares and ordinary shares. Cost of Corporate Bonds Semi-annual coupon rate applicable on the bonds = 5.6% pa or 2.8% per half year In the given case, it is assumed that the face value is equal to market value and hence the cost of bonds would be the effective annual coupon rate applicable on the bonds. Effective Annual Rate = (1+(2.8/100))2 1= 5.68% Assuming that the applicable tax rate for the company is 30%, the after tax cost of debt is computed as follows (Damodaran, 2008). After tax cost of debt = 5.68*(1-0.3) = 3.976% pa Cost of Preference Shares Market price of unit preference share (P)=$ 10 Annual dividend paid per preference share (D) = $1.35 Hence, cost of preference share = (D/P)*100 = (1.35/10)*100 = 13.5% pa Cost of Ordinary Shares For estimation of the cost of equity, the appropriate model would be the CAPM approach which advocates the following relation (Parrino Kidwell, 2011). Cost of Equity = Risk Free Rate + Beta * Market Risk Premium Applicable yield on 10 year government bond is taken as the benchmark for the risk free rate which currently stands at 2.26% pa Also, Market Risk Premium (Given) = 9.7% pa Beta of the company = 1.3 Hence, cost of equity = 2.26 + 1.3*9.7 = 14.87% pa Estimation of respective weights of the various financing sources Market value of corporate bonds = $ 1.3 million Market value of preference shares = 10*500,000 = $ 5 million For the market price estimation of an ordinary share, the Gordon Dividend Discount Model needs to be applied (Graham Smart, 2012). Dividend expected the next year or t=1 is $ 0.72 Dividend expected (t=2) = 0.72*1.08 = $ 0.7776 Dividend expected (t=3) = 0.7776*1.08 = $0.8398 Dividend expected (t=4) = 0.8398*1.08 = $ 0.907 Dividend expected (t=5) = 0.907 * 1.03 = $ 0.934 It is expected that from fifth year onwards the growth in dividend would be constant at 3% pa till perpetuity. Hence, intrinsic price of the share = (0.72/1.1487) + (0.7776/1.14872) + (0.8398/1.14873) + (0.907/1.14874) + 0.934/((0.1487-0.03)(1.14875)) = $ 6.23 Number of outstanding shares = 1.4 million Hence, market value of shares = 1.4 *6.23 = $ 8.7 million Hence, total capital = 1.3 + 5 + 8.7 = $ 15 million Weight of debt = (1.3/15) = 0.087 Weight of preference shares = (5/15) = 0.3333 Weight of ordinary shares = (8.7/15) = 0.58 Therefore WACC = 3.976 * 0.087 + 13.5*0.3333 + 14.87*0.58 = 13.47% pa Application of WACC It is imperative to note that the above computed value is the companys WACC which could be used as the discount rate for the given project only if the following conditions are fulfilled (Petty et. al., 2015). The underlying risk associated with the project is comparable to the underlying risk associated with the average project of the firm. In the event of risk being higher or lower, suitable modifications would be required to adjust WACC to a higher or lower value respectively. Further, the incremental funding pattern of the project is similar to the existing capital structure for the firm. In case, the underlying contribution of the various finance sources is varied, it is imperative that suitable modifications would be required to be made. Conclusion From the above discussion, it is apparent that the WACC for the company is 13.47% pa and the application of WACC on the conveyer belt project would depend on the underlying risk level of the project and the funding pattern. References Damodaran, A 2008, Corporate Finance, 2nd eds., Wiley Publications, London Graham, J Smart, S 2012, Introduction to corporate finance, 5th eds., South-Western Cengage Learning, Sydney Parrino, R Kidwell, D 2011, Fundamentals of Corporate Finance, 3rd eds., Wiley Publications, London Petty, JW, Titman, S, Keown, AJ, Martin, P, Martin JD Burrow, M 2015, Financial Management: Principles and Applications, 6th eds., Pearson Australia, Sydney

Health Safety and Security Essay Example

Health Safety and Security Paper The Management of Health and Safety at Work Act (amended 1999) The Management of Health and Safety at Work Regulations 1999 clarify in more general terms what employers are required to do to manage health and safety. If there is falls or injuries in the workplace it highlights the hazards and protects the employee against discrimination in the workplace. Exposure to hazardous agents such as dust, fumes, noise, vibration, radiation or harmful micro-organisms must be eliminated or adequately controlled. All work equipment must meet essential safety requirements and safe systems of work must be established. Risks from work with Display Screen Equipment must be assessed and controlled, appropriate personal protective clothing and/or equipment should be provided free of charge. It also An employer’s main duty is to be aware of the risks imposed upon its personnel, visitors and themselves by the working operations by assessing the risks and asking questions like; what are the risks, how bad are they and what do we do to reduce them. All employers have a duty to ensure, so far as is reasonably practicable, the health, safety and welfare of their employees. They also have a duty to protect non-employees from risks arising out of their work activities. Employers must take and give effect to adequate arrangements for the effective planning, organisation, control, monitoring and review of protective and preventive measures. Employees must take reasonable care of their own health and safety and that of others who may be affected by what they do or do not do; co-operate with their employer and others (eg.  contractors on site) in meeting health and safety requirements; report any shortcomings in health and safety arrangements (consistent with their knowledge and training); and not interfere with or misuse anything provided to assure health, safety or welfare at work. The Control of Substances Hazardous to Health (COSHH) Regulations (2002) COSHH is the law that requires employers to control substances that are hazardous to health. Most businesses use substances, or products that are mixtures of substances. Some processes create substances. We will write a custom essay sample on Health Safety and Security specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Health Safety and Security specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Health Safety and Security specifically for you FOR ONLY $16.38 $13.9/page Hire Writer COSHH covers substances that are hazardous to health. Substances can take many forms -Chemicals, products containing chemicals, fumes, dusts, vapours, mists, nanotechnology ,gases and asphyxiating gases and biological agents (germs). If the packaging has any of the hazard symbols[1] then it is classed as a hazardous substance. Sometimes substances are easily recognised as harmful. Common substances such as paint, bleach or dust from natural materials may also be harmful. Employees or service users may breath in the harmful fumes, dust gas or mist. They may have skin contact which could irritate and break out into a rash or infection. By injection into the skin by a sharp unsantized needle if not kept in a locked trolley and also swallowing. T prevent exposure to harmful chemicals may procedures are carried out e. g. using control equipment, eg total enclosure, partial enclosure, controlling procedures, e. g. ways of working, supervision and training to reduce exposure, maintenance, examination and testing of control measures; worker behaviour, making sure employees follow the control measures. Employers are responsible for providing, replacing and paying for personal protective equipment. PPE should be used when all other measures are inadequate to control exposure. It protects only the wearer, while being worn, this includes respirators[1] ,Protective gloves[2] ,Protective clothing Protective footwear, Eye protection. Data Protection Act The Data Protection act controls how your personal information is given out my health professionals, organisations and by the government. It is also set to protect your privacy. There is also a list of Data Principles which they have to follow on how they give out your personal information used fairly and lawfully, used for limited, specifically stated purposes, used in a way that is adequate, relevant and not excessive, accurate, kept for no longer than is absolutely necessary, handled according to people’s data protection rights, kept safe and secure, not transferred outside the UK without adequate protection. If information is given out carelessly this can result in discrimination or abuse in both a workplace and care home setting. For example if a care worker was to find out a service user was of a certain ethnic background or religion they may be mistreated. This mistreatment can include not being fed, bathed or talked to in an appropriate manner. Care homes protect the service users personal information by not giving out any personal information in person and also by phone. They are restricted to what information they give out, they are only allowed to give answers such as â€Å"they are comfortable†. The Manual Handling Operations Regulations Aim to reduce the incidence and prevalence of musculoskeletal disorders place duties upon employers in respect of their own employees. Identical duties are placed on the self-employed in respect of their own safety. The Regulations do not impose duties on employers in relation to other persons, eg voluntary workers transporting patients for the health services. The employers duty is to avoid Manual Handling as far as reasonably practicable if there is a possibility of injury. If this cannot be done then they must reduce the risk of injury as far as reasonably practicable. If an employee is complaining of discomfort, any changes to work to avoid or reduce manual handling must be monitored to check they are having a positive effect. However, if they are not working satisfactorily, alternatives must be considered. Incorrect use of manual handling is one of the most common causes of injury at work. There are many risks and hazardous to the service user and care worker associated with MHOR. Restrictions on posture, bumpy, obstructed or slippery floors, variations in floor levels, hot/cold/humid conditions, gusts of wind or other strong air movements, poor lighting conditions, restrictions on movements from clothes or personal protective equipment (PPE) Before MHOR there should be a general risk assessment to ensure both persons safety. A risk assessment is about identifying and taking sensible and proportionate measures to control the risks in a workplace and nursing home etc. Employees and their representatives know first-hand what the risks in the workplace are. They can probably offer practical solutions to controlling them. Though employees have duties too. They should follow systems of work in place for their safety, use equipment provided for their safety properly cooperate with their employer on health and safety matters, inform their employer if they identify hazardous handling activities, take care to make sure their activities do not put others at risk. The most common injuries that carers experience are back injuries, which affect more than a million people in the UK. Hurting their back can limit their movement and how much they can care for someone. Lifting someone incorrectly can also damage fragile skin, cause shoulder and neck injuries, increase existing breathing difficulties, or cause bruising or cuts. Reporting of Injuries,Diseases and Dangerous Occurences Regulations (RIDDOR) 1997 RIDDOR (NI) ’97 requires the reporting of work-related accidents, diseases and dangerous occurrences. It applies to all work activities, but not to all incidents. It places a legal duty on the employers, self-employed and owner of the premises. There are many reportable dangerous occurrences accidental release of a biological agent likely to cause severe human illness, malfunction of breathing apparatus while in use or during testing immediately before use, acute illness requiring medical treatment, or loss of consciousness arising from absorption of any substance by inhalation, ingestion or through the skin; acute illness requiring medical treatment where there is a reason to believe that this resulted from exposure to a biological agent or toxins or infected material. The regulations require responsible persons to report deaths at work, major injuries caused by accidents at work, injuries to persons not at work that require hospital treatment, injuries arising from accidents in hospitals, and dangerous occurrences. Responsible persons are generally employers but also include various managers and occupiers of premises. Care Home Regulations An employer should report the death of any service user, including the circumstances of his/her death;the outbreak in the care home of any infectious disease which in the opinion of any registered medical practitioner attending persons in the care home is sufficiently serious to be so notified; any serious injury to a service user; serious illness of a service user at a care home at which nursing is not provided; any event in the care home which adversely affects the well-being or safety of any service user; any theft, burglary or accident in the care home; any allegation of misconduct by the registered person or any person who works at the care home.

Homers Odyssey Essays

Homers Odyssey Essays Homers Odyssey Paper Homers Odyssey Paper Penelope says â€Å"my heart moves my like never before† this is an typical move by Athene, she indiscreetly places feels and thoughts into the mind of mortals to lead them to carry out tasks or undertakings she deems important, this is a very typical move by Athene. Throughout the Odysseys Athenes interactions with mortal is not very direct, she appears in dreams, thoughts or in the guise of a mortal (Odysseus and Telemachus interaction with her sometimes proving an exception). Telemachuss first meeting with Athene she is in the guise of a foreign prince whilst she appears to Nausciaa in a dream and she takes the semblance of a young girl when helping Odysseus find the palace of Aknioos and Arete. This sort of interaction is typical , she is helping her hero’s to their goal without being too brash or obvious. One significant exception is Athenes conversation with Odysseus after his arrival on Ithaca – the two speak to each other almost as equals showing each mutual respect and friendship The reasoning behind Athenes actions may be two fold, firstly a story where a god/dess who simply gives the protagonist what they desire isnt particularly exciting. Secondly Athenes actions may be due to the relationship the gods have with mortals and each other. Odysseus is hated by Poseidon , Athenes uncle – if she were to openly assist Odysseus she runs the risk of enraging her uncle further. Instead Athene uses her cunning and intelligence to help Odysseus instead, she requests Zeuss help in assisting Odysseus whilst Poseidon is away in Ethiopia. This is typical of Athene throughout the Odyssey she acts discreetly and in-directly to ensure she gets the results she wants using her renowned intelligence and craft.

Le Corbusier and Modernism Essay Example | Topics and Well Written Essays - 500 words

Le Corbusier and Modernism - Essay Example Le Corbusier coined the modernism of architecture in Europe by introducing a utopian vision for the current society only to experience different opinions from residents of his buildings. Urbanism is a key strategy, which Le Corbusier adopted in the process of supporting modern architecture. For example, when the French was unable to handle the issue of the increase in the number of Parisian slums, Le Corbusier focused on developing effective ways of housing several people as a key response strategy towards increase in the urban housing crisis (Vrahimis 75). His believe was that the modern architectural forms would contribute in providing quality life for the lower class individuals in society. The 1922 Immeubles Villas depicts one of his structures, which had several large blocks stack in a cell-like manner for individual apartments in plans of a kitchen, bedrooms, living room and garden terrace (Betsky 95). Le Corbusier also focused on urbanizing the entire cities with modern architectural forms, which transformed the societies into higher economic levels while enjoying high standards and efficient environments. During the industrialization process, Le Corbusier contributed scholarly by advocating for modernization of the society. This was in the journal L’Esprit Nouveau where Le Corbusier claims that there was a need to have a social transformation, which would ensure that the environment in society was efficient. He claimed that transformation would overcome the revolution spectre, which would contribute in the attainment of a shake society (Evenson 7). However, Le Corbusier has received several criticisms on his idea for modernity in architecture. Such are based on the variance of the architectural values and the associated aspects, which create differences in modern architecture. Some critics, such as Lewis Mumford argued that skyscrapers that were the work of Le Corbusier existed because of technological possibilities, but not any

Consumer Brand Relationships Literature review Example | Topics and Well Written Essays - 2000 words

Consumer Brand Relationships - Literature review Example In this framework the definitional association is also pertinent. Linking human personality with brand image is not, though, an easy undertaking. The difficulty that psychologists face in determining and assessing personality equally becomes an issue for people who study the art of brand imaging (Bradley, 2010). It is not unusual, therefore, that those who identify brand image by alluding to human personality do not try to identify the latter concept in any more comprehensive way. They just suggest that goods possess behavioural images, or they centre in on some markedly human factor like age, gender or social caste (Batra, Ahuvia and Bagozzi, 2008). Fig. 2 - The determinants of customer-brand relationships (Martensen and Gronholdt, 2010) Brand Relationships Brand relationship, an alleged interpersonal connection in a branding framework,  assumes that brands and customers are able to have a special connection through a shared communication system. Still, some critics have stated th at a brand relationship cannot really be said to reflect an interpersonal association because of the fact that the key components in interpersonal relationships like interdependence and intimacy are lacking. Even though research has in the past revealed that consciousness actually decides how people perform their daily duties, evidence shows that behaviour can actually be in accordance with the pursuit of individual objectives where cognisance is induced (Carroll and Ahuvia, 2006). However, the function of human consciousness is not always obvious a consumer and brand relationship situation. This suggests that the lack of consciousness can actually stop people from value their  relations in a suitable manner. For example, the related members of a... In the present extremely competitive business field, singular images or one-way messages are no longer relevant in capturing and holding consumer interest. A brand’s value is connected to the relationships it creates and the social connections it inspires among consumers who purchase the service or product. The task of managing such extensive relationships that seem to cover every aspect from the production of a product to its consumption is what most marketers are occupied with. If its creators and marketers have taken care to ensure the existence of such relationships, a brand can actually stop being seen as a mere product to become a platform for the shared experiences of its consumers, thus generating more revenue. Defining a brand’s social nature means considering what consumer’s expectations about a certain brand are and how to encourage the consumers to have even loftier expectations in future. Marketers such as eBay and IKEA, for example, are some of thos e that are at the forefront in intentionally inducing a desire for less acquirement of phenomenal experiences with goods or even the products themselves, for more lasting and consequential varieties of fulfilment.

Wall Stree Journal Review Essay Example | Topics and Well Written Essays - 750 words

Wall Stree Journal Review - Essay Example On the other side the program which is being dropped by Google involves sale of print advertising for newspapers. The article and the subject of discussion is real terms the interaction of two strongest media of marketing. The article strongly suggests the influence of current global economic scenario on the marketing strategies of the corporate world. In the context of economic recession, the companies are emphasizing much on cost reduction and management. This is leading them to cull the economically sick components of the business. Official sources of Google have cited in the article that in place of Print Ads program, they would like to concentrate more on other economically viable components. The economic viability strategy of Google is being reflected in this crucial step. Moreover the very concept of management of marketing strategies according to the differing market conditions is evident in this case. Google has ensured to check the economic viability and profitability of the discussed business component. Spencer Spinnell, director of Google Print Ads has been stated to say in the article that while they hoped that Print Ads would create a new revenue stream for newspapers and produce more relevant advertising for consumers, the product did not create the impact that they and their partners expected. ( Vascellaro ,J E, 2009). This suggests the importance of involving a feasibility review process in each and every marketing policy. Google Print Ads was formed to offer advertisements for newspapers. It was possible for the customers to by advertisements in more than 800 U.S. newspapers through the program. This very fact avers the magnitude of the marketing involved as the target group involved two huge marketing platforms. Despite this scope, the company through the article has announced the closure of the program by February 28, 2009. ( Vascellaro ,J E, 2009). Adding to