Assess the Role of the Tsar in the Fall of the Tsarist Regime

Assess the role of the Tsar in the fall of the Tsarist Regime. In Russia, Tsarism had been the system of government since 1547, the country being ruled as an autocracy. For many years the Tsars had been powerful, strong and had the qualities needed to be a great leader, though in 1917, the Tsarist regime came to an end, with Nicholas Romanov II as the country’s current monarch. Tsar Nicholas played a great role in the fall of Tsarism; his incompetency and lack of leadership skills lead to downfall and created a communist Russia. Nicholas made many mistakes which triggered the collapse, which include failure to make the duma work and address the October Manifesto, his role in World War 1 and his decline in authority and support.†¦show more content†¦Nicholas went into battle entirely unprepared for what was to come, relying on the large numbers of the defense forces; he did not account for any other aspects of the war. By late 1914, there were already high casualty rates and it was clear that they were fighting a losing war; the Russian army was fighting a twentieth century battle with ninetieth century training and weaponry. Due to poor financial planning the Tsar sent men into battle with inadequate supplies, there were only enough rifles for two thirds of the whole army, many soldiers were not given the adequate clothing needed to survive the harsh weather and there were food shortages all over the nation, this meant that if the men didn’t die in battle they would surely either freeze or die of starvation. In addition to the many hardships of the soldiers on the battlefield, peasants also found it difficult to survive the many months. There were extreme food shortages all over the nation which resulted in price increases averaging 300%, and though wages increased the living standards dropped with many having to constantly withstand malnutrition and unsanitary conditions. Nicholas played a major role in the fall of the Tsarist Regime in Russia, through his poor leadership skills and naivety he caused one of the biggest government falls in the history of Russia. WhileShow MoreRelatedLong-Term and Immediate Factors That Led to the Fall of the Romanov Dynasty2191 Words   |  9 PagesAssess the long-term and immediate factors that led to the fall of the Romanov Dynasty. With over a century of military and civil discontent the Romanov Dynasty was bound to fall sooner or later. The fall of the Romanov Dynasty was a result of long-term causes including Tsar Alexander’s inability to satisfy his people and Tsar Nicholas II’s inability to rule to throne all together. The collapse was also an outcome of immediate causes; the effects of World War One on Russia and the 1917 revolutionRead MoreThe Role of the Bolsheviks for the Decline and Fall of the Romanov Dynasty.2091 Words   |  9 PagesResearch Essay: The Russian Revolution (Task 1) Assess the role of the Bolsheviks for the decline and fall of the Romanov dynasty. The beginning of the 20th century brought radical changes to the social and political structure of autocratic Russia. It was a period of regression, reform, revolution and eradication. Eradication of a blood line that had remained in rule for over 300 years; the Romanov Dynasty. The central figure of this eradication was Tsar Nicholas II, often described as an incompetentRead MoreAge of Enlightenment and Century5169 Words   |  21 Pagesshown in the two paintings reflect about the social life of peasants in the sixteenth century and of urban dwellers in the nineteenth century. 8. 94: Explain the ways in which Italian Renaissance humanism transformed ideas about the individual s role in society. 9. 96 Compare and contrast the patronage of the arts by Italian Renaissance rulers with that by dictators of the 1930 s. 10. ’98 Discuss how Renaissance ideas are expressed in the Italian art of the period, referring to specific

Sarbanes Oxley Corporate Responsibility For Financial...

Few pieces of legislation have had an impact on corporations, accounting firms, and investors like Sarbanes-Oxley. Sarbanes-Oxley was passed by Congress in 2002 as direct result of the accounting scandals that plagued the public equity markets during the late 1990s and early 2000s. Sarbanes-Oxley was developed to be a series of measures, safeguards, guidelines, and criminal punishments in order to prevent future accounting scandals on the scale of Enron and Worldcom. Sarbanes-Oxley has profoundly impacted both management and accountants albeit in mostly similar ways. The following exploration will compare and contrast these views held by management and accountants regarding Sarbanes-Oxley. According to Green (2004) Sarbanes-Oxley†¦show more content†¦Management views these changes as an additional risk that they were not previously subject to. Section 302 was intentionally designed to prevent management teams from stating that they did not fully approve of the information in their company’s financial statements and annual reports. Section 302 requires management to become more aware of the internal control environment of their company. Prior to Sarbanes-Oxley, internal controls were not a significant corporate edict and were left to the charge of internal accountants, not high level executives. Accountants are not significantly impacted by Section 302. Accounting firms were able to generate significant internal control design consulting fees during the first few years after the enactment of Section 302. Section 401 covers additional Disclosures in Periodic Reports. These additional disclosures include all material off-balance sheet liabilities, obligations, or transactions. Management views Section 401 as a significant hindrance to what used to be a rather common management technique: absorb the benefits of a business transaction onto the issuing company’s financial statements but leaving the liabilities or obligations on the non-issuing and non-consolidated entity. Accountants view Section 401 as a significant contributing factor to the increased liability exposure of poor audits. Accounting firms revised their audit Sarbanes Oxley Corporate Responsibility For Financial... Different portions of legislation have had an impact on corporations, accounting firms, and investors like Sarbanes-Oxley. Sarbanes-Oxley was passed by Congress in 2002 as a direct result of the accounting scandals that plagued the public equity markets during the late 1990s and early 2000s. Sarbanes-Oxley was developed to be a series of measures, safeguards, guidelines, and criminal punishments in order to prevent future accounting scandals on the scale of Enron and Worldcom. Sarbanes-Oxley has profoundly impacted both management and accountants although in mostly similar ways. The following exploration will compare and contrast these views held by management and accountants regarding Sarbanes-Oxley. According to Green (2004) Sarbanes-Oxley legislation is comprised of various sections, of which five are the most significant. These sections are Section 302, Section 401, Section 404, Section 409, and Section 802. Section 302 pertains to Corporate Responsibility for Financial Reports. This section requires the management of the issuing company to certify that the officers have reviewed the report, financial statements and accompanying notes and supplementary information are free from material misstatement. The financial statements and accompanying notes and supplementary information are free from material omissions, that management has evaluated internal controls within the previous 90 days and reported on their internal control findings. Any significant changes in internalShow MoreRelatedSarbanes Oxley : Corporate Responsibility For Financial Reports750 Words   |  3 Pagesimpact on corporations, accounting firms, and investors like Sarbanes-Oxley. Sarbanes-Oxley was passed by Congress in 2002 as direct result of the accounting scandals that plagued the public equity markets during the late 1990s and early 2000s. Sarbanes-Oxley was developed to be a series of measures, safeguards, guidelines, and criminal punishments in order to prevent future accounting sc andals on the scale of Enron and Worldcom. Sarbanes-Oxley has profoundly impacted both management and accountantsRead MoreSarbanes Oxley Act : A Important Part Of Business1215 Words   |  5 PagesA vital part of business today is the Sarbanes-Oxley Act. It was created to protect the integrity of business and the interest of consumers and investors. The Sarbanes-Oxley Act enforces the monitoring of finance data and information technology as it relates to storage of information. It requires the audit of a company’s assets, accounting and finance. The act requires certifications by top company officials’ to guarantee that data submitted is true and accurate. Monitoring to ensure complianceRead MoreACC 561 Week 2 Individual Assignment Sarbanes Oxley Act Of 20021432 Words   |  6 Pagesï » ¿Sarbanes–Oxley, Sarbox or SOX, is a United States federal law which was introduced in 2002. It is also known as the â€Å"Public Company Accounting Reform and Investor Prot ection Act† and â€Å"and Corporate and Auditing Accountability and Responsibility Act†. The main objective of the act is to protect investors by improving the accuracy and reliability of corporate disclosures. New aspects are created by SOX act for corporate accountability as well as new penalties for wrong doings. It was basically introducedRead MoreSarbanes-Oxley Act Acc 403- Auditing1443 Words   |  6 PagesSARBANES-OXLEY ACT ACC 403- AUDITING PROFESSOR August 19, 2012 The Sarbanes-Oxley Act was placed into effect July 2002; the act introduced major changes to the regulation of corporate governance and financial practice. The Sarbanes-Oxley Act was named after Senator Paul Sarbanes and Representative Michael Oxley, who were the main architects that set a number of non-negotiable deadlines for compliance. The organization for Economic Cooperation and Development was one of the first non- governmentRead MoreThe Sarbanes Oxley Act ( Act ) Essay1432 Words   |  6 Pages The Sarbanes Oxley Act is an act passed by the United States Congress to protect investors from the possibility of fraudulent accounting activities by corporation. The Sarbanes Oxley Act has strict reforms to improve financial disclosures from corporations and accounting fraud. The acts goals are designed to ensure that publicly traded corporations document what financial controls they are using and they are certified in doing so. The Sarbanes Oxley Act sets the highest level and mos t general requirementsRead MoreThe Sarbanes-Oxley Act Essay1162 Words   |  5 PagesIntroduction The Sarbanes-Oxley Act, or SOX Act, was enacted on July 30, 2002. Since it was enacted that summer it has changed how the public business handle their accounting and auditing. The federal law was made coming off of a number of large corporations involved in scandals. For example a company like Enron was caught in accounting fraud in late 2001 when the company was using false financial statements. Once Enron was caught that had many lawsuits filed against them and had to file for bankruptcyRead MoreThe Sarbanes Oxley Act Of 2002 Essay1070 Words   |  5 Pagesof Sarbanes-Oxley Act of 2002. This Act was placed into law to protect the consumer against fraudulent activity by organizations. This paper will provide a brief history of the law and discuss some of the ethical components and social implications on corporations. This research will provide information on how the Sarbanes-Oxley Act affects smaller organizations and how it encourages employees to inform of wrong doings. Brief Synopsis of Sarbanes-Oxley The U.S. Congress passed the Sarbanes-OxleyRead MoreSarbanes Oxley And The Oxley Act1358 Words   |  6 Pagesseries of financial scandals that took place by large companies such as Enron, Tyco, and WorldCom. The impact of these scandals was significant. Investors lost large amounts of money. Employees of the scandalous companies not only lost their jobs but lost their life savings. The financial scandals that had taken place were so severe that an Act was created in response to them in hopes to prevent these scandals from happening. The Sarbanes-Oxley Act, also referred to as SOX or Sarbanes-Oxley, was createdRead MoreThe Sarbanes-Oxley Act of 20021668 Words   |  7 PagesThe Sarbanes-Oxley Act of 2002 The Sarbanes-Oxley Act of 2002 The Act Impact ACC 410, Jackie Lewis, Ph.D. Abstract The Sarbanes-Oxley Act, officially named the â€Å"Public Company Accounting Reform and Investor Protection Act of 2002†, is recognized to be the most noteworthy U.S. federal disclosure and corporate governance legislation since the Securities Act of1933 (the Securities Act) and the Securities Exchange Act of 1934 (the Exchange Act). Furthermore, the provisions of the Act areRead MoreSarbanes Oxley Act Of 2002956 Words   |  4 PagesSarbanes-Oxley Act In reaction to a number of corporate and accounting scandals which included Enron Congress passed The Sarbanes-Oxley Act of 2002 (SOX) (Sarbox) also known as the Public Company Accounting Reform and Investor Protection Act† and the Corporate and Auditing Accountability and Responsibility Act was enacted July 30, 2002. The Sarbane-Oxley Act is a US federal law that created new and expanded laws regarding the requirements for all US public company boards, management, and accounting

What Makes A Successful Aging Essay - 1440 Words

There are numerous ways to define successful aging. The word â€Å"aging† usually has a negative connotation. However, when putting the word success behind it introduces positive aspects that can essentially promote a long-term developmental outcome for an individual. Happening around midlife and late adulthood, successful aging is simply when an individual has complete development and maintenance of control throughout life, has achieved in the selection of goals and purposes, as well as maximization of gains and compensations of failure. This is the complete and ultimate goal for those in their late adulthood and is quite fascinating to developmental scientist. Those who engross themselves with attempting to achieve a successful aging will most likely have characteristics which in turn encourage and advocate for things such as health, growth, and vitality, maintaining social encounters and productive activities, and lastly maintaining high physical and cognitive functioning. Two developmental scientist, Vaillant Mukamal, have discovered the factors that predict satisfaction of life are those an individual is able to control. These factors include are health habits, marital stability, years of education, and coping strategies. On the other hand those factors that are out of an individual s control can not predict the level of happiness or satisfaction with life. These include the length of life of a family member, early health status, parental SES, and family warmth inShow MoreRelatedThe Aging Process For The Older Adults Essay1587 Words   |  7 Pages Successful Aging Paper Albatul Albulayhi University of the Incarnate Word â€Æ' Successful Aging Paper Aging is inevitable; as people age in the second half of life, the body often faces some challenges mentally and physically. Aging was defined by Robert Arking (1998), as a â€Å" Time-dependent series of cumulative, progressive, intrinsic, and harmful changes that begin to manifest at reproductive maturity and eventually end in death† (p. 520). The aging process for the older adults is influenced byRead MoreCounseling, Psychotherapy, And Psychoeducational Group Essay1461 Words   |  6 PagesCounseling, Psychotherapy, or Psychoeducational Group In considering that a group on aging is centered on a particular theme, a psychoeducational group would be most appropriate. Corey (2010) suggests that the elderly may benefit from a psychoeducational structure as groups of this nature not only provide the opportunity to connect with members within the group, but teach members the skills they need to learn how to foster relationships and support systems beyond the group. Many older individualsRead MoreAging Of Aging And Aging Essay1652 Words   |  7 PagesAs aging is a stage of development that cannot prevented, the question of â€Å"can one’s aging be more successful than another?† is posed my many. Researchers continually consider the differences between aging successfully, and aging unsuccessfully. As researchers work to complete their studies, many find a reoccurring basis of successful aging. A basis of successful aging can be set including: physical health disease free, chronic illness free, mental health di sease free, among many others. TheRead MoreThe Age Of Champions By Rowe Kahn910 Words   |  4 Pagesnumerous articles including one by Rowe Kahn, it is clear that there is a variety of ways people can view the term â€Å"aging successfully.† A variety of gerontologists have similarities and differences in their definition of the term, and this paper will compare some of the athletes from the film these definitions. The main definition of â€Å"aging successful† is said to be, â€Å"successful gaining includes three main components: low probability of disease and disease-related disability, high cognitive andRead MoreThe University Of Connecticut Of Maryland1704 Words   |  7 Pagesbackgrounds to different ages. Although this is a great campus, Loyola can make more improvements to accommodate their newest members of the Loyola community. With these new students is then must impact the dynamic of the residence halls, classrooms, support services, and everything that is given to the average aged undergrad college student. Loyola would also be able to supply the needs for the different types of aging such as normal and abnormal so everyone is given the same opportunities toRead MoreBob Cilman And Judith Sharpe Organized Young @ Heart898 Words   |  4 Pagesand positive image of aging. Growing old does not have to be a bad thing and this film did a good job of showing that. There can even be positive outcomes as we age, but only if we attend to our physical health, cognitive abilities, engagement in social and productive activities, and have a subjective sense of life satisfaction. The elderly in this film definitely tried to do all these things even if they didn t realize it. The film Young@Heart followed a group of aging people through a time orRead MoreSociological Aging : A Sociological Perspective Essay902 Words   |  4 PagesSociological Aging Social aging is referring to the changes in individual’s roles and relationship in the society as they age. There are many different theories concerning sociological aging. Social theories on aging examine the relationship between individual experiences and social institutions e.g., aging and retirement; aging and institutional care; aging and government policy etc (Barkan 2012). All have limitations, and some can be considered more than others when attempting to understand socialRead MoreAging Is A Part Of Our Life1487 Words   |  6 PagesAging is a part of our life that the majority of us do not want, but it will happen regardless of what we do. When we are a little kid, all we want to do is grow up and be a big kid. When we become older we realize that wish we never said that, and seem to wish that we could go back in time. We always miss when we were younger, when we could be childish, do stupid things, and people would not think us to be weird. Then, they thought it wa s adorable, seeing a little kid doing stupid and funny thingsRead MoreAgeing Population And The Aging Population1691 Words   |  7 PagesIntroduce the topic of the aging population and the ways in which people are trying to look and feel younger and healthier. The world is ageing rapidly. People aged 60 and older make up 12.3 per cent of the global population, and by 2050, that number will rise to almost 22 per cent according to the United Nations Population Fund (UNPF). In the United States of America, the older population defined as persons 65 years or older numbered 46.2 million in 2014.They represented 14.5% of the U.S. populationRead More On Women Turning 70: Honoring the Voices of Wisdom Essay951 Words   |  4 Pagestheir biggest steps toward success when they were in their senior years. Rountree spoke with women like author Madeline L’Engle, and acclaimed newspaper columnist Liz Smith, who became successful just as she was about to retire. Rountree learned about the women’s lives and got their take on feminism and aging to include in the book. The women that Rountree chose to interview seem to be women who either began living life to the fullest in their older years, or who achieved greatness young

Business Continuity And Risk Management - 1593 Words

Business Continuity (BC) and Risk Management (RM) are closely intertwined in both the policies, procedures, and maintenance of most businesses. They’ve become necessary for providing the guidelines on maintaining functionality regardless of any threats or events that may disrupt services. Vaid notes in his article on the subject, that in the case of modern businesses, â€Å"When customers become accustomed to a service it then becomes a ‘utility’. What was once considered an ‘event’ becomes ‘operational’. Such a mindset forces businesses to converge BCP and operational risk practices.† (Vaid, 2008) Every tailored Business Continuity Plan (BCP) and Risk Management Plan (RMP) is dependent upon the individual requirements of the company, but many share the same areas of function that can be reviewed, updated, and tailored to their business’ needs. Evaluations and reports that can assist in this include a Business Impact Analysi s (BIA), Records and Information Management (RIM) report, Disaster Recovery Plan (DRP). In an effort to provide a solid overview of these evaluations, all of which should be done to develop an effective and integrated BCP/RMP, this paper will review how they apply to risk management and business continuity. A generalized compilation of information for an integrated BCP and RMP will also be provided as a possible model for businesses to follow when planning for risk management and business continuity. There are several assessments which should be done in orderShow MoreRelatedBusiness Continuity Plan as a Part of Risk Management18773 Words   |  76 Pages........................................7 CHAPTER 1 RISK MANAGEMENT ............................................................8 1.1 The Definition of Risk ............................................................... 8 1.2 Risk in Business Activity......................................................... 10 1.2.1 Types of Risk ..................................................................................... 10 1.2.2 Methods of Risk Evaluation...........................................Read MoreBusiness Continuity And Asset Protection998 Words   |  4 PagesMODULE 6 - ASSIGNMENT ENVM 662: Business Continuity and Asset Protection Module 6: Developing and Implementing the Business Continuity Plan Each question or subpart is worth 10 points. Score will be recorded as a percent. Provide appropriate references for all source materials. 1. Identify information needed for the development of a Business Continuity Plan for the University of Findlay. - For the development of business continuity plan for the University of Findlay they must be provide excellentRead MoreThe Business Impact Analysis ( Bia ) And Risk Assessment1246 Words   |  5 PagesThe business impact analysis (BIA) and risk assessment are foundational elements of every effective business continuity program; however, in our experience, many business continuity planning participants experience a lot of confusion regarding the definitions, relationship, and expected outcomes between the two processes. This confusion often results in outcomes that fail to drive preparedness. Avalution acknowledges that there are many different ways to design and execute BIA and risk assessmentRead MoreCase Study : Area Risk Assessment862 Words   |  4 PagesITGC Area Risk Assessment IT Management Low Systems Development Low Data Security Medium Change Management Low Business Continuity Planning High Alexandra DeHaven IT General Controls ITGC Area Summary of Issue Strength or Weakness IT Management FFC has an IT strategic plan Strength IT Management FFC has an IT Steering Committee Strength IT Management VP Information Security reports to CIO Weakness IT Management FFC plan matches IT plan Strength IT Management VP Applications reports to CIORead MoreFinancial Expansion Into Investments And Its Impact On The World Market Essay1040 Words   |  5 Pages2. Risk Management Strengthen financial expansion into investments that are responsible or sustainable invest-ment, long-term business investment that specializes in providing reasonable returns and consistent-ly, create a value-added to shareholders and stakeholders. Focus on a process of risk assessment of business opportunities that are standard across organization, measures to manage, edit and prepare a management plan for business continuity as supporting the crisis (Business Continuity Plan)Read MoreBusiness Continuity Plans And The Disaster Recovery Plan1580 Words   |  7 Pages Business Continuity Plans (BCP) Paul D. Singleton Jr. March 11, 2015 ISSC481: IT Security: Planning and Policy Karen Paullet American Public University Business Continuity Plans (BCP) The Business Continuity Plan (BCP) and the Disaster Recovery Plan (DRP) are twin resources derived to preserve vital organization operations when facing an unsuspecting disaster. A disaster can be either natural or man-made. Natural disasters include floods, fires, earthquakes, and lightning strikesRead MoreReport on Continuity Planning Overview1010 Words   |  5 Pagesï » ¿ Assignment 1: Report – Continuity Planning Overview Clarissa Ensley Instructor: Shaun L. Gray CIS 359: Disaster Recovery Management July 13, 2014 Business continuity planning and disaster recovery capability will become compulsory for all healthcare business for the first time in the United States healthcare industry. The health insurance portability and accountability act (HIPAA) that was passed by the United States congress in 1996 has a partRead MoreHuffman Trucking Initial Risk Assessment1366 Words   |  6 PagesHuffman Trucking Initial Risk Assessment Introduction Huffman Trucking is a national transportation company based in Cleveland, Ohio. (UOP, 2009) The organization has 1,400 employees and 800 trucks on the road, with logistical hubs in California, New Jersey and Missouri. The company’s mission reads: â€Å"our mission is to be a profitable, growing, adaptive company in an intensively competitive logistical services benefit environment.† The focus of Huffman’s mission is on stockholders, customers, regulatoryRead MoreCase Study : Strengths And Weaknesses1447 Words   |  6 PagesStrength or Weakness IT Management FFC has an IT strategic plan Strength IT Management FFC has an Executive Steering Committee Strength System Development FFC’s Internal Audit Committee has a voting member of project team responsible for new project Strength Change Management FFC’s IT personnel adequately test new procedure before implementation. Strength Business Continuity Planning FFC has no documented business continuity or disaster recovery plan Weakness IT Management FFC has an Executive SteeringRead MoreBusiness Continuity Plan For A Business1425 Words   |  6 PagesIntroduction Business Continuity Plan (BCP) is made in order to continue business operation when the business site is adversely affected by some natural calamities like flood, storm, earthquake, fire, communication failure or by some terrorist attacks and crimes. This plan explains the measures taken by the organization to recover its business operation or operation transferred to another business site. Business continuity plans are made to recover from both short term and long term disasters. Plan

The Praise of Folly Free Essays

The Praise of Folly The author of â€Å"The praise of folly† Erasmus, wrote this book not with the intention of starting wide spread theological debates but with the intention of showing how pointless these debates are. The book is written in first person so that Folly herself is the one who the readers/listeners (because the book is written as if she were speaking to a crowd) are hearing and not just some man acting like he knows more or is better than anyone else. The book addresses three different classes of people and how folly affects them. We will write a custom essay sample on The Praise of Folly or any similar topic only for you Order Now The first class is the regular people and women. The second type of people she calls out is the academic and higher standing social classes. The third and final group folly talks about are Christians and religious men. Folly is not saying anyone is a bad person for having foolishness in their lives, but she is calling out the society and how she is looked down upon while everyone not only takes part in folly, but folly is a necessary part of our lives. One of Folly’s points that she brings up is women and how they are in and of themselves full of foolishness. I, who am both a woman and folly herself, attribute folly to them. †(29) Folly later states that women owe it to folly for being far better off than men. Women’s beauty is a natural thing according to folly, she bring up how men grow beards, have course skin, and go gray in the hair as all signs of aging. While women have soft delicate feature which are almost eternal signs of beauty. According to folly all s ome men want from life is pleasure, and who can give them pleasure other than a woman who will have sex with them? No one according to folly, but the folly is not of men wanting pleasure. The point Folly makes is that a woman must have folly to have sex with a man(30) She says â€Å"Women have no other way of giving pleasure but through folly†(30). Women are not the only ones involved in folly in this first class of people; Folly also speaks of friendships, marriages, and of parental love as well. Folly states that friendship is held in a high regard in this society and this it is as necessary as air and water. She does not use clever words or parables to point out the folly in friendship but simply states how one treats a friend, wife, or child to prove that folly is involved in all of these relationships. Tell me know to wink at a friend’s faults, to be deceived , to be blinded to his vices, to imagine them away, even to love and admire certain notorious vices as if they were virtues-surely this is not far from folly. †(31) She later brings up how a man can love a mole on his wife even though it is an imperfection, or how a father can has a cross eyed son and say that he only has a light squint. Folly is not trying to say that these average people are idiots or foolish for these things, Folly simply is showing that she is everywhere even in the good things. Folly in her second class of people she mentions are the higher class people the nobles, doctors, lawyer, and the philosophers. Unlike with the first group of people folly speaks to with a light and somewhat cheery tone, her words toward this crowd become sharp and somewhat brash. These men who spend so much time with their jobs and with their peers trying to prove themselves by out doing everyone around them are full of themselves and their folly is in the fact that they are missing out on the true happiness of life that is going on around them. Unlike the people in the first section of the book Folly knows these people are too smart to be able to just enjoy the small things in life like the average people of the first class. For example she says how wise men are unable to overlook the follies and faults of their friends but instead notice them with the â€Å"eyes of an eagle† or the â€Å"nose of a bloodhound† (32). Where the normal man could overlook these faults and even accept them as part of their friends’ personality and possibly come to adore this part of their companion, these supposedly wise men are too smart to overlook the follies of their peers. The final group that folly points out is the religious people of the time. The monks and priest are the main targets of Follies words. A time of reform and a time of questioning is beginning to appear and rules and customs that have gone on for years without question are now being put under scrutiny. Even harsher with her words to this particular group of people Folly now is calling out not only the group of people in charge of the church but also the people who think they can find their lives only through the church. Her main charge against these people is there refusal to understand that folly and foolishness is as if not more regarded than wisdom in the Christian religion. One could say Christ is the biggest fool of all for accepting man’s sin and dying for us while he had lived a perfect and sin free life. Knowledge and wisdom are the downfall of am according to Genesis when Adam and eve eat the apple of forbidden fruit and gains the knowledge of good and evil it separates them forever from the full relationship they had with God before that. Folly is not attacking the religion of Christianity it is the opposite in fact. Folly says how peter and the disciples went around baptizing everyone but not explaining why, not because they didn’t know but because the people only need to know the basics and not the understanding of everything to be happy, in other words to keep them from overcoming their follies. She also brings up how the disciples didn’t need certain words or rules to worship, but in face they worshiped the way god intended them to in spirit through their deeds done only for him and not for some church or for others to see. 92) Folly was giving her speech with the intent of trying to explain that foolishness and folly is not bad and evil thing that need to be avoided, but that the opposite of that is true. Wisdom is to be put on display for others and folly is to be hidden, in the same manner do people not hide their valuables and protect them from unwanted visitors. She believes and proves her point that foolishness is essential to a happy and fulfilled life. In a quote from Folly herself â€Å"Fortune loves those who are not too bright, headstrong, and are fans of the proverb let the die be cast† (116). Taylor Shadwick How to cite The Praise of Folly, Essay examples

Possible Causes of Terrorism Essay Example For Students

Possible Causes of Terrorism Essay ENGL 1054 NA-BS 1205Cause and Effect Essay (Final Draft) E5 7 July 2003Possible Causes of TerrorismTerrorism is a problem seen in almost every part of our world. Eventhough most people may associate terrorism with the Muslim religion and theMiddle East region, terrorists are not bound to any one ethnic, religious,or political group. Indeed, the only thing most terrorists have in commonmay be the tactics they use to reach their objective. In Ireland, the terrorist group known as the Irish Republican Army orthe I.R.A, used terror tactics against British troops to try to force theBritish government to recognize the sovereignty of the Irish Republic. InIsrael, a place where terrorism occurs on a daily basis, several differentPalestinian terrorist groups such Infadeh, Hamas, and Islamic Jihad conductterror operations against the Israeli people in an effort to force theIsraelis out of the areas of West Bank and The Gaza Strip. In the early1980s, terrorists unhappy with the presence of American troops in Lebanonbombed a U.S. Marine barrack near the city of Beirut in an effort topersuade the American government to remove the troops from the area. Terrorists believe that their cause is greater than the lives that aresacrificed in the process. Islamic terrorists believe that to give theirlives for Islam makes them a martyr. And, according to the Islamic faith,to die as a martyr carries the greatest reward in Heaven-Ten Virgins. Terror may be the only tactic some groups feel they have when thingsdo not go their way. Such groups may have become frustrated in theirnations leaders failure to resolve a conflict and resort to violence toforce their will upon the leaders. They may be so distraught over onenations policies that in order to force that nation to change theoffending policy, they resort to acts of terror. The terror attacks againstthe United States on 11 September 2001, were in response to Americanforeign policy regarding Israel. Thousands of lives were taken in an effortto force the United States to abandon their support of Israel. Much to thedisappointment of the terrorist, however, the end results of those attackswere a galvanizing of the American people and a resolve to bring thoseresponsible for the attacks to justice. Terrorism is a childish act of desperation that occurs whenever acertain group realizes that it is not going to get its way throughlegitimate means and try to force their will by causing more damage andhuman loss and suffering than their opposition is willing to accept, and sosurrender to the will of the terrorists. Of course, this only inspiresother desperate groups to employ the same terror tactics to achieve theirobjectives.

Business Finance Merger and Acquisitions

Question: Describe about the Business Finance for Merger and Acquisitions. Answer: Merger and Acquisition The nos. of total shares issued after the takeover is calculated by the following formula: No. of shares Issued = Total No. of acquiring company shares + (Total no. of acquired companys shares)/2 Before Acquisition After Acquisition Exchange Ratio A Ltd. T Ltd. Combined Shares on Issue 500000 100000 A1 A2 Issue on Acquisition 500000 50000 550000 B1=A1 B2=A2/2 B=B1+B2 The value of combined market capitalization is calculated as per the following: Combined Market Cap = (Market Cap of Acquiring Co. + Market Cap of Acquired Co.) + Synergistic Increment Before Acquisition After Acquisition Exchange Ratio A Ltd. T Ltd. Combined Shares on Issue 500000 100000 A1 A2 Issue on Acquisition 500000 50000 550000 B1=A1 B2=A2/2 B=B1+B2 Share Price $3.00 $6.00 C1 C2 Market Cap $1,500,000.00 $600,000.00 $2,100,000.00 D1=A1 X C1 D2=A2 X C2 D=D1+D2 Synergistic Increment $500,000 E Total Market Cap $2,600,000.00 The value of earnings per share of the combined entity is computed by using the following formula: EPS = [(Earnings of acquiring co.+ Earnings of acquired co.)+Synergistic Increment] / Total nos. of share outstanding after the takeover Before Acquisition After Acquisition Exchange Ratio A Ltd. T Ltd. Combined Shares on Issue 500000 100000 A1 A2 Issue on Acquisition 500000 50000 550000 Earnings $500,000 $200,000 $700,000 G1 G2 G=G1+G2 Synergistic Increment $100,000 H Total Earnings $800,000 I=G+H Earnings per Share 0.5 1 $1.45 J1 J2 J= I/B The formula of calculating market price per share in the combined entity is given below: MPS = Market Cap of Combined Entity / Total nos. of shares outstanding in the combined entity Before Acquisition After Acquisition Exchange Ratio A Ltd. T Ltd. Combined Shares on Issue 500000 100000 A1 A2 Issue on Acquisition 500000 50000 550000 B1=A1 B2=A2/2 B=B1+B2 Share Price $3.00 $6.00 C1 C2 Market Cap $1,500,000.00 $600,000.00 $2,100,000.00 D1=A1 X C1 D2=A2 X C2 D=D1+D2 Synergistic Increment $500,000 E Total Market Cap $2,600,000.00 F=D+E Market Price per shares $3 $6 $4.73 K1 K2 K=F/B The minimum exchange ratio, acceptable by the shareholders of T ltd., when there was no dilution of share prices, can be ascertained by the following formula: Exchange Ratio= Market Cap of Acquired co./[(Total Market Cap - Market Cap of Acquired co.)/Acquiring Co.s shares] : Acquired Cos. shares Before Acquisition After Acquisition Exchange Ratio A Ltd. T Ltd. Combined Shares on Issue 500000 100000 A1 A2 Issue on Acquisition 500000 50000 550000 B1=A1 B2=A2/2 B=B1+B2 Share Price $3.00 $6.00 C1 C2 Market Cap $1,500,000.00 $600,000.00 $2,100,000.00 D1=A1 X C1 D2=A2 X C2 D=D1+D2 Synergistic Increment $500,000 E Total Market Cap $2,600,000.00 F=D+E Earnings $500,000 $200,000 $700,000 G1 G2 G=G1+G2 Synergistic Increment $100,000 H Total Earnings $800,000 I=G+H Earnings per Share 0.5 1 $1.45 J1 J2 J= I/B Market Price per shares $3 $6 $4.73 Minimum Exchange Ratio for no dilution in total earnings 1.67 M = [G2/{(I-G2)/B1}] : A2 The minimum exchange ratio, acceptable by the shareholders of T ltd., when there was no dilution of earnings, can be ascertained by the following formula: Exchange Ratio= Earnings of Acquired co./[(Total Market Cap - Earnings of Acquired co.)/Acquiring Co.s shares] : Acquired Cos. shares Before Acquisition After Acquisition Exchange Ratio A Ltd. T Ltd. Combined Shares on Issue 500000 100000 A1 A2 Issue on Acquisition 500000 50000 550000 B1=A1 B2=A2/2 B=B1+B2 Share Price $3.00 $6.00 C1 C2 Market Cap $1,500,000.00 $600,000.00 $2,100,000.00 D1=A1 X C1 D2=A2 X C2 D=D1+D2 Synergistic Increment $500,000 E Total Market Cap $2,600,000.00 F=D+E Earnings $500,000 $200,000 $700,000 G1 G2 G=G1+G2 Synergistic Increment $100,000 H Total Earnings $800,000 I=G+H Earnings per Share 0.5 1 $1.45 J1 J2 J= I/B Market Price per shares $3 $6 $4.73 K1 K2 K=F/B Minimum Exchange Ratio for no dilution in share price 1.5 L = [D2/{(F-D2)/B1}] : A2 Bibliography: Anderson, Hele?n, Virpi Havila and Fredrik Nilsson,Mergers, Acquisitions, And Stakeholders(Taylor and Francis, 2012) Nussbaum, Andrew J, Charles Martin and Simon Perry,Mergers Acquisitions(Thomson Reuters, 2012)