s Wine Indusrty

AMERICA’S WINE INDUSTRY: A GLOBAL SUCCESS J. EDWIN DIETEL After scarcely a generation, the US wine industry is challenging centuries-old European wineries America’s winemakers, most of whom are relative newcomers to the industry, are making superior wines and reaping global acclaim. In a single generation, and at a time when many US industries can no longer claim to be world leaders, the US wine industry’s global success is a fascinating story of entrepreneurial vision and savvy marketing. It remains to be seen whether the American industry has reached its peak, or if new innovations, new competition, and new markets will make the future rosy for US vintners. In terms of worldwide recognition and success, individual American wineries have made their mark only in the last 50-odd years. American experiments with wine-making for the past 200 years- including considerable efforts by Thomas Jefferson to replicate French grape-growing techniques at Monticello- had proved commercially unsuccessful. Not until the end of Prohibition in 1933 did the American wine industry take off on a large scale. America has now become the fourth largest producer in the world behind Italy, France, and Spain. US wine exports in 1999 were up almost threefold over 1990 levels, totaling 74 million gallons ($540 million). Quantity of production is but one measure of success of the industry. American wine producers also have become widely known for the quality of their products. The single event that brought global recognition to the American wine industry occurred in Paris in 1976. There, in a celebrated blind tasting by nine French wine experts, American Chardonnays were compared to their celebrated French counterparts, white Burgundies, while American Cabernet Sauvignons were compared to the prestigious French first-growth red Bordeaux. The American wi... 's Wine Indusrty Free Essays on America\'s Wine Indusrty AMERICA’S WINE INDUSTRY: A GLOBAL SUCCESS J. EDWIN DIETEL After scarcely a generation, the US wine industry is challenging centuries-old European wineries America’s winemakers, most of whom are relative newcomers to the industry, are making superior wines and reaping global acclaim. In a single generation, and at a time when many US industries can no longer claim to be world leaders, the US wine industry’s global success is a fascinating story of entrepreneurial vision and savvy marketing. It remains to be seen whether the American industry has reached its peak, or if new innovations, new competition, and new markets will make the future rosy for US vintners. In terms of worldwide recognition and success, individual American wineries have made their mark only in the last 50-odd years. American experiments with wine-making for the past 200 years- including considerable efforts by Thomas Jefferson to replicate French grape-growing techniques at Monticello- had proved commercially unsuccessful. Not until the end of Prohibition in 1933 did the American wine industry take off on a large scale. America has now become the fourth largest producer in the world behind Italy, France, and Spain. US wine exports in 1999 were up almost threefold over 1990 levels, totaling 74 million gallons ($540 million). Quantity of production is but one measure of success of the industry. American wine producers also have become widely known for the quality of their products. The single event that brought global recognition to the American wine industry occurred in Paris in 1976. There, in a celebrated blind tasting by nine French wine experts, American Chardonnays were compared to their celebrated French counterparts, white Burgundies, while American Cabernet Sauvignons were compared to the prestigious French first-growth red Bordeaux. The American wi...

Average ACT Score for Colleges What You Need to Get In

Average ACT Score for Colleges What You Need to Get In SAT / ACT Prep Online Guides and Tips If you're preparing for the ACT or you've taken the ACT, you probably want to know what score you need to get into college. What's an average ACT score for colleges? Do you need to do better than average to go to college? In this article, I'll explain average ACT scores and what they mean for you. Find out how to calculate the score you need to give yourself the best chance to get into your dream school. What Is the Average ACT Score for Colleges? The national average ACT scores stay roughly the same from year to year. Generally, the average is released for high school seniors each year. For the class of 2015, these were the average section and composite scores: Composite: 21.0 English: 20.4 Reading: 21.4 Math: 20.8 Science: 20.9 Because these averages are for all high school seniors who took the test and not for college-bound seniors, these scores may not be incredibly helpful for you. Some states require all students, even those who don't plan to attend college, to take the ACT. However, when you apply to college, you're being compared against other applicants, not against all high school seniors. How to Find the Average ACT Score of a Specific College While you may want to know how your ACT score stacks up against others who take the test, what really matters is how your score compares to other applicants of the colleges you apply to. Even though a 29 is well above the national average, a 29 is significantly below the average ACT for Ivy League schools. Therefore, even though a 29 is a very good score, you’ll be at a competitive disadvantage if you apply to any Ivy League school with a 29. On the other hand, if you apply to Cal States, a 29 will exceed the average of any California State University campus, and you’ll improve your chances of getting accepted if you that's your composite score. You can find the average ACT scores of different colleges in the PrepScholar database by googling â€Å"prepscholar (name of school) ACT† to find a school’s profile. On the school profile, you can see its average GPA, average ACT score, and acceptance rate. For example, according to the PrepScholar database, the average ACT score forBerkeley is a 30. Also, Berkeley's average GPA is a 3.86 and its acceptance rate is 18%. The University of Oklahoma has an average ACT score of 26, an average GPA of 3.59, and an acceptance rate of 80%. What Does the Average ACT Score of a College Mean to You? If you want to get into a certain school, your ACT score should be comparable to the average score for the college’s admits. To give yourself the best chance of gaining admission to a specific school, we recommend that your goal should be to get at least a 75th percentile score for that college. The 75th percentile score for Berkeley is a 33; therefore, if you want to go to Berkeley, your target score should be a 33. Because Berkeley's acceptance rate is only around 18%, you should try to surpass its average score to have a decent shot of gaining admission. Similiarly, the 75th percentile score for Oklahoma is a 29. If you dream of becoming a Sooner, you should shoot for a 29 on your ACT. Furthermore, because a certain number of spots will go to athletes, legacies, and children of big-time donors, your qualifications may have to be better than average if you aren’t in one of these categories. What If You Don’t Get Your Target Score? If you don’t get the 75th percentile score or even the average ACT score for a specific college, that doesn’t necessarily mean that you have no chance of getting accepted. However, if you still have time to reach your target score, it’s probably in your best interest tostudy and attempt toimprove your score. You can compensate for lower test scores with a higher GPA. Generally, schools place a greater emphasis on your transcript than on your standardized test scores. Also, on each school’s profile in the PrepScholar database, you can use our admissions calculator by entering your GPA and ACT score to get an estimate of your chances of gaining admission to that school. Furthermore, keep in mind that colleges tend to use holistic admissions, meaning that everything is considered when colleges determine whom to admit. They’ll evaluate your transcript, test scores, extracurricular activities, recommendations, application essays, and any other factors that admissions officers deem relevant. If you've faced any significant obstacles or you're from an impoverished background, colleges will also take this into account. Just because you don’t reach your target score doesn’t necessarily mean that you have no chance to get admitted. However, while most colleges don't claim to have a minimum ACT score, if your score isn't close to the average score for a particular school, you may have virtually no chance of getting accepted. Even if you have great grades and stellar extracurricular accomplishments, you probably don't have a realistic shot of getting into Princeton if your ACT score is lower than 20. While standardized tests aren't the only determining factor in college admissions, most colleges use the ACT to ensure that you're capable of succeeding academically. Your ACT score matters! What's Next? Now that you know more about average ACT scores, learn more about the scores you need to get into the Ivy League and top colleges. If you've already taken the ACT, find out if you should retake the test. Finally, not only do we have information about the average ACT scores for colleges, but also we've given you the average ACT scores by state. Want to improve your ACT score by 4+ points? Download our free guide to the top 5 strategies you need in your prep to improve your ACT score dramatically.

It's in the instructions Essay Example | Topics and Well Written Essays - 500 words

It's in the instructions - Essay Example The product is now one of the most popular gaming devices in the world. The first playstation was developed on the technology of the cancelled Super disc, which was upgraded and developed into a product of its own. This new product was by far superior to other gaming devices such as the Sega or the Nintendo as it possessed a CD-ROM gaming system which was new in this era and easier for manufacturing. The first Playstation launched had a lot of development potential due to the CD-ROM system it used. The approach by the company to introduce third parties for marketing made the product even more appealing. The design was also modern, sleek and was superior to the other gaming devices. Playstation further enhanced its reach by gaining control of several franchises in the gaming word such as Spyro, Crash Bandicoot and Twisted metal which were all very popular games. These were made the faces of the console which was also an excellent marketing strategy. The next console to be introduced was Playstation 2 which was introduced in 2000 (Donovan et al., 10). This console had a superior appearance to the first Playstation and had record breaking sale figures. This is because Playstation had already acquired a loyal fan base and many people were awaiting the upgrade of the already successful Playstation. The sales of PS2 were more than 150 million in total. The success of PS2 also lies in the fact that they kept in touch with the requirements of the customers and introduced the popular characters from the first Playstation. In addition, there were new characters that were introduced. Particularly the first Killzone and God of War were all introduced on Playstation 2. These were also influential and helped in boosting the popularity of PS2. These games also enabled to create loyalty among gamers as they would be waiting for upgrades in the future versions. PS2 Slim was the next to be released and the selling feature of this console

Communication In Multidisciplinary Health Teams Essay

Communication In Multidisciplinary Health Teams - Essay Example Their historic experience has made nursing and midwifery the unifying catalysts in health teams. Their sustaining nodal core has been their humane 'caring'. However, the World Health Organization (WHO) estimates a shortage of more than 4 million doctors, nurses, midwives, worldwide (1600 medical schools; 6000 nursing schools; 375 public health schools). Inadequate remuneration adds to the loss of trained health-care personnel, to emigration (a recent analysis of nearly 400 emigr nurses in London found that as many as two thirds of them were recruited from Cameroon by agencies to work in Britain). An additional 2% of the nursing workforce is lost to retirement, each year. The existing local health resources, left, have to confront the growing burden of high-priority services required to meet the Millenium Development Goals (MDGs)(2) established by WHO: To confront this world challenge with the existing shortage of nurses, the World Health Organisation has proposed the development of multidisciplinary teamwork at country level (3). This strategy multiplies existing health workforce in a synergy to surpass the sum of each individual. However, teamwork requires the leadership of nurses and midwifery to integrate and coordinate collaborative partnership, enhancing information exchange, as advanced technology creates medical specialisation and sub-specialisation. Shann DEFINITION Shannon-Weiner had described linear communication process as the flow of INFORMATION (message) between an INPUT (emissary), and an OUTPUT (receptor), through a modelling CHANNEL. Now-a-days, the INPUT runs the INFORMATION through the 'black box' (channel with an unknown inner mechanism, that gives an unpredictable OUTPUT), in system analogy. This exchange of a heterogeneous, concurrently running process distributes message transactions with unreliable execution. Non-linearity must be harnessed by clear inter-process workflow mechanisms to avoid entropy (the natural tendency towards disorganization and chaos). To better understand communication in multidisciplinary teams, we must first delve into the deeper meaning implied in each of these words, for a comprehensive analysis: "Teams" differs from "groups", because they unite people in a common purpose; whereas "groups" are encounter, meeting spaces where feelings, experience or ideas are shared and exchanged, without a fixed agenda. The original word, "team" comes from the Greek, meaning two horses or oxen, together, driving a plough. Multidisciplinary is a term coined recently to describe the multiple specialities (functional disciplines) that interact in a common job. Unlike interdisciplinary, which describes the interaction within the team, multidisciplinary teams work together towards a common objective. Multidisciplinary is external networking; interdisciplinary is internal interaction. Communication which comes from the latin "comunicare" stems for 'common'. It is interactive information that binds a "common" network. If, however, it is broken down into the prefix: cum- with and munio/munire- defense, historic origins from the need for defense to make for survival. Information has become the bonding link that fortifies a common front of understanding and protects against

DB Qs Dar mkt Essay Example | Topics and Well Written Essays - 750 words

DB Qs Dar mkt - Essay Example In this regard, the significance of online stores like Amazon cannot be denied taking buying preference to the next level. Companies need to switch to aggressive marketing strategies in order to respond to the marketing needs and consumers’ demands. Amazon should consider offering online platform to brick and mortar stores in order to help them in surviving rather along with maintaining the aggressive marketing channels to cater to the needs and demand of consumers. There are a number of factors affecting the buying behavior of consumers including the demographic, social, psychological, and economic factors. Keller 2 stated that demographic factors like age, sex, and gender determines the buying preference of consumers while social factors like preference for certain products along with availability also affects the buying process. Kotler 3 stated that economic factors in the form of availability of money and need also determine the buying behavior. However, factors like reference from others and marketing channels also affect the consumer behavior and their buying decisions in the long run. Keller 2 believed that business to customers and business to business are two different things that need proper understanding and analysis. In terms of the major difference, it can be said that business to customers is based on emotional connect, analysis of cost and benefits, and identifying the specific needs. On the other hand, business to business is based on analyzing the benefits on a broader note often based on personal and private presentations by the marketers stating the usefulness and benefits of the products and services. B2C is not very much personal in nature while B2B is often very personal in nature in terms of signifying the value and benefits. Keller 2 further added that B2C is further driven by the reference and recommendations of others while B2B is driven by the thorough analysis of the

Critical Analysis of Hospital in the Home Programs

Critical Analysis of Hospital in the Home Programs INTRODUCTION Health economics is linked to obtaining of maximum advantage of money spent for medical healthcare. The effectiveness of the healthcare infrastructure available needs to be linked to value of money. This is a step towards cost effectiveness with improved efficiency. Cost effectiveness is outcome of the best use of resources to achieve the desired outcome. (Haycox, 2009). Cost advantages of a ‘hospital in the home’ program The cost of healthcare services especially the acute care has increased that has compelled the governments to plan strategy for alternate methods and accordingly Hospital in the home (HITH) has been developed in response to this challenge. The studies have different views whether HITH provides cost savings compared with in-hospital care (IHC). There are differences in perception of HITH because of complexities involved in diseases. The culture also plays an important part especially while recognizing the beliefs and impact of patient’s health. The difference in view comes on surface during the interaction with health care professionals, health care practices and health care outcomes. These differences make the valid comparison with traditional hospitalization and HITH ( Macintyre, Druth Ansari 2002). Hospital at Home is an innovative model established to provide hospital level care to patient when he is at home instead of being admitted in hospital. The program has become suc cess and is adopted by health systems and home care providers mainly as a tool to reduce the cost without sacrificing the patient safety, quality of medical care and satisfaction. The patients admitted for hospital in the home need to meet the specific medical eligibility criteria. It is suggested by number of doctors that many patients would be better off being treated at home instead of in hospitals. Nothing to blame the organizations but the cost of hospitalization depends upon cost of doctors fee and salaries to other supporting staff. Though it is expensive for patients to be in hospitals but it will depend upon type of ailments and future risk of the patient. Critically, academically it seems to be expensive but if the similar amount of health care is required at home, the patient will need number of staff members spending many hours travelling from one patients home to another. That is a abnormal waste of time and money. Deloitte has conducted study wherein it has been conclu ded that there is savings of 32 per cent to treat patients at home instead of public hospitals. The inference from this study was accepted by the Australian Associated Press HITH society stating that lot of money can be saved by treating people at home. It also provide opportunity to hospitals to provide beds to needy patients and taking pressure off from emergency departments. It has been suggested that support for hospitals in the home programs can cut the odds of death and hospital readmission and save money as compared to cost of medical care in hospitals. The study has undertaken meta-analysis of 61 randomised controlled trials suggesting the reduction in mortality, readmission rates and cost in hospital in the home (HITH). This study also confirms the similar reductions in mortality for all age groups and HITH increased patient and carer satisfaction. Economically the cost of HITP was calculated as $1466 as compared to the cost of a day in the ICU (Bryan, 2012). How important is ‘hospital in the home’ in Australia and other countries – ie what percentage of total hospital admissions are accounted for by ‘hospital in the home’ patients. There has been serious concern about the healthcare systems in Australia and all the Australian governments agreed to the National Healthcare Agreement (NHA) in 2008. This agreement was introduced to improve the health outcomes of all the residents and ensure the sustainability of the Australian health system. Not only it is cost effective but it adds to other benefits for patients especially psychologically. It helps the patients to avoid exposure to serious diseases. The importance to this aspect is evidenced from the fact that Governments in Australia control the HITH Guidelines. The media reports, â€Å"The Canberra Times†, published copy of report stating that caring for eligible hospital patients in their own homes instead of hospital wards can cut costs by almost a third while delivering the same health outcomes. This publication also used research study by Deloitte. The data furnished that it was about $900 cheaper for the government if a knee replacement patient was c ared for at home rather than in hospital, $1200 cheaper for a cellulites patient and $145 cheaper for a patient with a respiratory infection (Canberra Times, 2011). It helps the service providers to have clear, standardised guidance in similarity to other Local Health Districts and Specialty Health Networks (LHD/SHN). The governments have ensured that all residents of Australia not only remain healthy but for meeting local needs they can utilize HITH services (NSW Health, 2013). To be aware of the importance of HITH, there is need to understand the estimated HITH separations in public hospitals. Same-day separations are categorised as admission and separation to total care (inpatient and HITH) occurred on the same day. It means that these separations had one day or less of HITH care. Recorded overnight separations generally involved some care delivered within the hospital followed by some care at home. The data analysed by research persons show that there were 51,279 public hospital separations with HITH care in 2008-09. Of these, 41,608 were overnight separations and 9,671 were same-day separations. The critical analysis indicate that a substantial number of HITH care separations occur in NSW. The analysis of data collected also provides information that the majority of HITH patients who are chronically ill with compound illnesses and require episodic acute care are at older ages. (DLA Phillips Fox, 2010). HITH patients who require short-term medical treatm ents are those of varying ages (Deloitte Access Economics, 2011). Three health services that could be provided in the home rather than in a traditional hospital? The best methodology used is to consult doctors and establish relationship and based on his recommendations the recovery process need to be started. This will be cost effective, save from future infections form hospitals and other miscellaneous expenses. Australian Governments has announced concession for patients with kidney disease that receive dialysis treatment at home. The concession will be given to patients and the concession is part of SA Health’s commitment under the SA Health Care Plan 2010-2017 to ensure patients throughout South Australia have the opportunity access health care, where and when they need it. The treatment at home will provide an alternative treatment option that can provide you with more independence and flexibility. There will no need to plan activities around pre-determined appointments and can receive treatment in the comfort of your own home. The concession is with effect from 2012 and will provide an electricity concession for patients who undertake dialysis at home. The concession is part of SA Health’s commitment under the SA Health Care Plan 2010-2017 to ensure patients throughout South Australia have the opportunity to access health care in the home (Govt of South Australia, 2012). Mothers and newborns, if eligible, may be admitted to HITH instead of keeping them in hospitals. The adopted healthcare unit will arrange for The Postnatal Domiciliary Grant (formerly the Variable/Maternity Services Grant) provides for post-discharge visits that cover postnatal domiciliary care to public maternity patients. The home birthing was included in HITH during the year 2010. It will provide basic postnatal health checks and appropriate lactation support. It will reduce the huge cost, if retained in hospital and it would not have given chance to other patients if bed was not made vacant (Department of Health, 2011). Deep Vein thrombosis is one of the common diseases. However, majority of the patients in this category are eligible for treatment under HITH instead of keeping them in traditional hospitalization mode. The doctors attending such patients take immediate steps but it is patients whoa re required to take future steps to avoid aggravation. They need doctor’s advice at regular intervals not at all times during the day. HITH is best suitable for them as it will ensure that blood thinners are given as directed. HITH will help the patients to look for excessive bleeding because of blood thinners or due to cuts or bruise. Taking medication for Anticoagulation during HITH is mandatory and can help patients to avoid seriousness. Can you see any disadvantages of such a program? There are disadvantages of HITH but because of number of amendments and strict regulations the risks have been mitigated to large extent. Majority of the diseases can become serious and unless immediate steps are not initiated this can become fatal. The cost effectiveness can lead to deterioration in services. Overall, do you think such a program could result in better health outcomes? The biggest advantage of HITH is providing medication to patients in their own homes instead of hospitals and reduces huge costs in this action. The special training imparted to HITH to include intravenous therapy (mainly antibiotics), anticoagulation, wound care and chemotherapy for suitable patients in their own homes. The only challenge is selection of patients that are eligible. The disadvantage is that method can include the development of complications, anaphylaxis and patient or family anxiety. However, in appropriate cases, hospital in the home is effective and safe. Above all it is highly cost effective for individuals and country as there will be less infrastructure expenses by Governments. REFERENCES Haycox Alan (2009), .Health Economics, accessed and retrieved from http://www.medicine.ox.ac.uk/bandolier/painres/download/whatis/what_is_health_econ.pdf Bryan Amanda (2012), Hospital in home benefits confirmed, MJA in Sight, accessed and retrieved from https://www.mja.com.au/insight/2012/43/hospital-home-benefits-confirmed. NSW Health (2013), NSW Hospital in the Home (HITH) Guideline, accessed and retrieved from http://www0.health.nsw.gov.au/policies/gl/2013/pdf/GL2013_006.pdf DLA Phillips Fox 2010, Report on evaluation of Hospital in the Home Programs, report for the Victorian Department of Health, Melbourne, http://www.health.vic.gov.au/hith/final_report2008-09.pdf, accessed 23 March 2011. Deloitte Access economics (2011), Economic analysis of Hospital in the Home (HITH) Hospital in the Home Society of Australasia, accessed and retrieved from file:///C:/Users/dell/Downloads/AccessEconomics-Final+Report+HITH_310811%20(3).pdf C. Raina Macintyre, Denise RuthAndZahid Ansari (2002), Hospital in the home is cost saving for appropriately selected patients: a comparison with in-hospital care, International Journal for Quality Healthcare, Volume 14, Issue 4, Page 285-293. Canberra Times (2011), Hospital house calls could cut expenses, accessed and retrieved from http://www.canberratimes.com.au/national/hospital-house-calls-could-cut-expenses-20110914-1wp67.html Government of South Australia (2012), Home dialysis electricity concession, accessed and retrieved from http://www.sahealth.sa.gov.au/wps/wcm/connect/35452a0049fa42109057fa3a89b74631/Electricity+concession+brochure-HSP-300112.pdf?MOD=AJPERESCACHEID=35452a0049fa42109057fa3a89b74631 Department of Health (2011), Hospital in the Home Guidelines, accessed and retrieved from www.health.vic.gov.au/hith/  © Copyright, State of Victoria, Department of Health 2011

Religions, Morals and Civilization Essay -- religious beliefs

Religions, Morals and Civilization   Ã‚  Ã‚  Ã‚  Ã‚  Since the dawn of man, people have had their own forms of religion. Be it simple ceremonial burial or complex blessing rituals, each person had their own way to explain the wonders of nature like, how did we come here and what our purpose here was. Another thing that each individual person had was their own morals. Morals are what define a civilization. Labels like peaceful or barbaric are put on different civilizations because of their morals. The morality of each civilization defined their religious beliefs.   Ã‚  Ã‚  Ã‚  Ã‚  The lives of people who lived in the early ancient history time period were tough. They had to roam the land always looking for new game to hunt and plants and berries to gather. The people weren't united because of all this traveling, and therefore contact with other people was minimal. Morals are hard to develop without much contact with other people and so the religion of these early people was minimal. Then came the development of farming into this time period. Farming brought the people together. Small cities began to develop because the people didn't have to move around as much. With all this closeness, the people developed moral views on what to think about thieves or murderers. If certain civilizations didn't mind violence and killing, then they developed into a Brutal civilization. Consequently, the religions of these civilizations were evolved around sacrificial rituals and allegiance to brutal gods. The Assyrian civilization worked around this principle. They used scare tactics to overcome their enemies and treated their captives badly. They also believed in powerful gods who they feared. If certain civilizations became peaceful, then their religion reflected their peaceful nature and didn't have things like sacrifices. The people in peaceful civilizations believed in their religion because they wanted to not because they were afraid to. A good example of this is the Hebrews. The Hebrews were a peaceful people who disliked violence. Because of this peaceful nature, their religion taught values like brotherhood, charity, human dignity, and universal peace. Violent cultures cause violent religions and peaceful cultures create peaceful religion   Ã‚  Ã‚  Ã‚  Ã‚  The Greeks were a peaceful civilization. They believed in the idea of democracy and they strongly believed in philos... ...nce and being different. It isn't a coincidence that their religion contains many different gods each with its own personality and skills, like humans. The Roman culture dealt with so many different cultures, that its morals were frequently changing. The Romans changed their religion three times. During the Middle Ages, there was a decline of intelligence, cleanliness, and overall morals. The church became the tax collection agency, the hospital, and the school, which is a direct correlation between the decline in morals. So the increase in power of the church in the Middle Ages was because of a change in morals. The Renaissance was a rebirth of ideas and morality. These changes had the greatest effect on the church, which had grown strong in the Middle Ages. The peoples changing morals forced them to adopt new religions like Luthernism and Protestantism. Morals are what define a human being. They become present in every part of life, especially religion. Because civilization is moving so fast forward, peoples morals are changing rapidly too. When peoples morals change, it changes their whole life. That is why there have been so many different religions in the past.

Grendel as a Sympathetic Character Essay

Can you imagine being born and automatically being considered evil? This is what happens to Grendel. Throughout the book everyone’s feelings towards Grendel is that of a bad person or creature. In Grendel my sympathy for Grendel fluctuates. Grendel starts out as a sympathetic character because he is an innocent curious child with a mother who doesn’t talk, and lives in a cave. As the story moves on Grendel is misunderstood then starts to make decisions that makes my sympathy for him decrease. Throughout the book there are three stages to Grendels’ life. The first stage starts off with his childhood, which he spends exploring and questioning. He eventually finds the lake of firesnakes and the land after it is his introduction to a larger world full of danger and knowledge. The second stage starts when a bull attacks Grendel; this teaches Grendel that the world is full of danger and makes him question the meaning of life. Grendel tries to figure out the meaning of life by observing how humans go through life and it interests him. While Grendel is trapped and getting attacked by a bull some humans intervene and see him trapped. Grendel tries talking to the humans and ask for help, and all of a sudden they attack Grendel because they do not understand him and fear him because of his appearance. Grendel’s mother comes to the rescue to save her son. How could one be a monster yet be saved by his mother? This is an example of my sympathy for Grendel who is a misunderstood creature. Grendel eventually sees how Hrothgar treats other humans and decides that he does not like what he does to them. He eventually attacks the people in the mead hall all of the soldiers, which makes me lose sympathy for him but I could see why he does it. It is a personal feeling Grendel has towards Hrothgar. Grendel is a character that goes through many stages throughout the story, but to be born from evil does not necessarily make you evil. He was just a curious little creature who was still babied by his mother in the beginning and then learns of humans and does not like the way that they treat each other and eventually is killed by Beowulf.

The Economic Costs of Inflation

The Economic Costs of Inflation In general, people seem to know that inflation is often not a good thing in an economy. This makes sense, to some degree- inflation refers to rising prices, and rising prices are typically viewed as a bad thing. Technically speaking, however, increases in the aggregate price level need not be particularly problematic if prices of different goods and services rise uniformly, if wages rise in tandem with the price increases, and if nominal interest rates adjust in response to changes in inflation. In other words, inflation need not reduce the real purchasing power of consumers. There are, however, costs of inflation that are relevant from an economic perspective and cannot be easily avoided. Menu Costs When prices are constant over long periods of time, firms benefit in that they dont need to worry about changing the prices for their output. When prices change over time, on the other hand, firms would ideally like to change their prices in order to keep pace with the general trends in prices, since this would be the profit-maximizing strategy. Unfortunately, changing prices is generally not costless, since changing prices requires printing new menus, relabeling items, and so on. Firms have to decide whether to operate at a price that is not profit-maximizing or incur the menu costs involved in changing prices. Either way, firms bear a very real cost of inflation. Shoeleather Costs Whereas firms are the ones who directly incur menu costs, shoe leather costs directly impact all holders of currency. When inflation is present, there is a real cost to holding cash (or holding assets in non-interest bearing deposit accounts), since the cash wont buy as much tomorrow as it could today. Therefore, citizens have an incentive to keep as little cash on hand as possible, which means that they have to go to the ATM or otherwise transfer money on a very frequent basis. The term shoe leather costs refer to the figurative cost of replacing shoes more often due to the increase in the number of trips to the bank, but shoe leather costs are a very real phenomenon. Shoeleather costs are not a serious issue in economies with relatively low inflation, but they become very relevant in economies that experience hyperinflation. In these situations, citizens generally prefer to keep their assets as foreign rather than local currency, which also consumes unnecessary time and effort. Misallocation of Resources When inflation occurs and prices of different goods and services rise at different rates, some goods and services become cheaper or more expensive in a relative sense. These relative price distortions, in turn, affect the allocation of resources toward different goods and services in a way that would not happen if relative prices remained stable. Wealth Redistribution Unexpected inflation can serve to redistribute wealth in an economy because not all investments and debt are indexed to inflation. Higher than expected inflation makes the value of debt lower in real terms, but it also makes the real returns on assets lower. Therefore, unexpected inflation serves to hurt investors and benefit those who have a lot of debt. This is likely not an incentive that policymakers want to create in an economy, so it can be viewed as another cot of inflation. Tax Distortions In the United States, there are many taxes that do not automatically adjust for inflation. For example, capital gains taxes are calculated based on the absolute increase in the value of an asset, not on the inflation-adjusted value increase. Therefore, the effective tax rate on capital gains when inflation is present may be much higher than the stated nominal rate. Similarly, inflation increases the effective tax rate paid on interest income. General Inconvenience Even if prices and wages are flexible enough to adjust well for inflation, inflation still makes comparisons of monetary quantities across years more difficult than they could be. Given that people and companies would like to fully understand how their wages, assets, and debt evolve over time, the fact that inflation makes it more difficult to do so can be viewed as yet another cost of inflation.

The R Document essays

The R Document essays The book I chose to read was The R Document by Irving Wallace. It was filled with anticipation and kept you thinking the whole time. The main character is Christopher Collins and he is the new Attorney General. He is a very ambitious and honest man who fights with the director of the FBI over the proposed 35th Amendment to the Constitution. The 35th Amendment was controversial because there was a secret plot behind it all and it was meant for evil. Christopher spends the whole time trying to ratify this bill because of its evil. He succeeds in the end and shows to everyone how the government could expose such abuse of high power. In a small summary of the conspiracy in The R Document, they wanted to destroy the Bill of Rights in an attempt by the FBI to take over the country and end up controlling it. Collins begins to realize the evil in the government while laying on his deathbed and has to search for The R Document which shows the plan for the nations future. He had to hunt for this document while racing against time before the FBI took over. He finds out that the FBI was blackmailing and terrorizing a lot of important government leaders. The man behind it all was Vernon T. Tynan. He was the director of the FBI and the one that wanted to control the country. Tynan is finally defeated at the end of the book and gets what he deserves. This book would made a good movie because it shows how the government could abuse its power in the high positions. We all hope as citizens that this will never happen to a country like the United States. Sometimes it is scary to think because the conspiracy was surprising and intriguing. It makes you think if this could really happen to the government nowadays. ...

Is There Still a Role for the Monarchy in Modern British Society Research Paper

Is There Still a Role for the Monarchy in Modern British Society - Research Paper Example Based on the evidence which is provided in this essay, it would seem that the general public view is that the monarchy is an outdated system of pageantry and ceremony which no longer has relevance in modern British society. In today’s closely-linked global community, nature by which certain ruling parties conduct political and foreign affairs seems to always be in the media spotlight. With the growth of international trade and with social access to multiple, global media mediums, the method by which international relationships are formed is always at the forefront of the social consciousness. One representative of BBC News cites how Australia views the British monarchy, citing the opinion of Senator Natasha Stott Despoja who states, â€Å"The monarchy is simply not relevant to modern Australia† (Grossman, 1999, p.2). This statement comes from a reputable political leader in Australia, a developed country with considerable influence in global trade and foreign relationships. This Senator’s opinion is based on the difficult history between Britain and Australia and the author believes that most Australian citizens are â€Å"unimpressed by the pageantry and tradition of the crown and resentful that it is a British face that stares out at them from their notes and coins† (Grossman, p.2). What is being suggested here is that the modern British monarchy still attempts to use their traditional links with Australia to justify routine criticism of how the country is managed and politically-operated. Clearly, in the view of Australians, the British monarchy is so obsessed with showiness and spectacle that it is unable to recognise the attempts of the Australian people to create their own international identity without any links to the crown.

Barking Wellfare Organisation Essay Example | Topics and Well Written Essays - 1500 words

Barking Wellfare Organisation - Essay Example Hence, it may not find ready applicability in all cases. Therefore, it has become necessary to consider the net present value (NPV) of projects using DCF method, known as discounted cash flow method. The main advantages of the DCF, is that a positive NPV, would indicate the fact that the project generates more cash inflows rather than resource outflows, used up for servicing of the project. It is, therefore, the discretion of the management to decide whether the project may be accepted and implemented after taking cognisance of all the related facts and figures. Financial analysis is important because they form the bedrock of strategic corporate decision making and creating value additions for shareholders and others who are having financial interests in the Company and its operations. Step 3: If the NPV results in a positive figure, the project may be accepted and if negative, it should be rejected. (Brigham, Eugene F. and Ehrhardt, Michael C. (2004): Financial Management Theory and Practice: Capital Budgeting: Capital Budgeting Decision Rules: 509) â€Å"The net present value method is a modern method of evaluating investment proposals .This method taken into consideration the time value of money and attempts to calculate the return on investment by introducing the factor of time element.† (Gupta & Sharma). In this case study, the NPV has been considered the best option available, since it recognises the time value of funds that are being injected into the project, and is best suitable since in this case, both the cash inflows from the sale of plants, are controlled by market forces, and also the outflows depend upon the use of assets at different points of time in the period of determination. In the first place, this Welfare Organisation has rehabilitated and made employable, the physically disabled people, to lead socially useful lives for themselves and their community settings.