Free Essays on Perils Of Prohibition

At eighteen years of age, a person can die fighting for their country, but cannot drink alcohol. The article found in Newsweek, May 1995, â€Å"Perils of Prohibition† , discusses this fact. Further, author Elizabeth Whelan talks about the effects of â€Å"binge† drinking at college and in high schools, and why the drinking age should be lowered to eighteen years old. She gives many insights, compares the U.S. to Europe where the drinking age can be as low as 12, and shows many good ideas on how to regulate teen drinking. I agree with Elizabeth Whelan’s positions on lowering the drinking age in her article â€Å"Perils of Prohibition†, that the drinking age should be eighteen. Whelan discusses why people should be able to drink at a lowered age of eighteen by showing all of the things that her eighteen year old daughter, Christine, is allowed to do at that age. â€Å"Christine and her classmates can drive cars, fly planes, marry, vote, pay taxes, take out loans, and risk their lives as members of the U.S. armed forces.† (Whelan, 14). Under federal law, at eighteen we are consenting adults, and we are legally responsible for our actions. So why are we not seen as responsible enough go out to a bar? Whelan also brought up the idea that if the age was lowered, then people would go to college at least knowing their limits and not â€Å"binge† drinking too much at one time. â€Å"Last year, a young friend with no drinking experience was violently ill for days after he was introduced to ‘clear liquids in small glasses’ during freshmen orientation. We want our daughter to learn how to drink sensibly and avoid this pitfall.† (Whelan, 14). Elizabeth and her husband have been inviting Christine to have a glass of wine with dinner to teach sensible drinking. She also gives valid points about other countries in the Western part of the world where â€Å"moderate drinking by teenagers and even children under their parent’s supervision is given†... Free Essays on Perils Of Prohibition Free Essays on Perils Of Prohibition At eighteen years of age, a person can die fighting for their country, but cannot drink alcohol. The article found in Newsweek, May 1995, â€Å"Perils of Prohibition† , discusses this fact. Further, author Elizabeth Whelan talks about the effects of â€Å"binge† drinking at college and in high schools, and why the drinking age should be lowered to eighteen years old. She gives many insights, compares the U.S. to Europe where the drinking age can be as low as 12, and shows many good ideas on how to regulate teen drinking. I agree with Elizabeth Whelan’s positions on lowering the drinking age in her article â€Å"Perils of Prohibition†, that the drinking age should be eighteen. Whelan discusses why people should be able to drink at a lowered age of eighteen by showing all of the things that her eighteen year old daughter, Christine, is allowed to do at that age. â€Å"Christine and her classmates can drive cars, fly planes, marry, vote, pay taxes, take out loans, and risk their lives as members of the U.S. armed forces.† (Whelan, 14). Under federal law, at eighteen we are consenting adults, and we are legally responsible for our actions. So why are we not seen as responsible enough go out to a bar? Whelan also brought up the idea that if the age was lowered, then people would go to college at least knowing their limits and not â€Å"binge† drinking too much at one time. â€Å"Last year, a young friend with no drinking experience was violently ill for days after he was introduced to ‘clear liquids in small glasses’ during freshmen orientation. We want our daughter to learn how to drink sensibly and avoid this pitfall.† (Whelan, 14). Elizabeth and her husband have been inviting Christine to have a glass of wine with dinner to teach sensible drinking. She also gives valid points about other countries in the Western part of the world where â€Å"moderate drinking by teenagers and even children under their parent’s supervision is given†...

Biography of Carl O. Sauer

Biography of Carl O. Sauer Carl Ortwin Sauer was born on December 24, 1889, in Warrenton, Missouri. His grandfather was a traveling minister, and his father taught at Central Wesleyan College, a German Methodist college that has since been closed. During his youth, Carl Sauers parents sent him to school in Germany, but he later returned to the United States to attend Central Wesleyan College. He graduated in 1908, shortly before his nineteenth birthday. From there, Carl Sauer began attending Northwestern University in Evanston, Illinois. While at Northwestern, Sauer studied geology and developed an interest in the past. Sauer then shifted to the broader subject of geography. Within this discipline, he was primarily interested in the physical landscape, human cultural activities, and the past. He then transferred to the University of Chicago where he studied under Rollin D. Salisbury, among others, and earned his Ph.D. in geography in 1915. His dissertation focused on the Ozark Highlands in Missouri and included information ranging from the areas people to its landscape. Carl Sauer at the University of Michigan Following his graduation from the University of Chicago, Carl Sauer began teaching geography at the University of Michigan where he remained until 1923. In his early days at the university, he studied and taught environmental determinism, an aspect of geography that said the physical environment was solely responsible for the development of various cultures and societies. This was the popularly held viewpoint in geography at the time, and Sauer learned about it extensively at the University of Chicago. After studying the destruction of pine forests on Michigans Lower Peninsula while teaching at the University of Michigan though, Sauers opinions on environmental determinism changed, and he became convinced that humans control nature and develop their cultures out of that control, not the other way around. He then became a fierce critic of environmental determinism and carried these ideas throughout his career. During his graduate studies in geology and geography, Sauer also learned the importance of field observation. He then made this an important aspect of his teaching at the University of Michigan and during his later years there, he did field mapping of the physical landscape and land uses in Michigan and surrounding areas. He also published extensively on the area’s soils, vegetation, land use, and the quality of the land. The University of California, Berkeley Throughout the early 1900s, geography in the United States was mainly studied on the East Coast and Mid-west. In 1923, however, Carl Sauer left the University of Michigan when he accepted a position at the University of California, Berkeley. There, he served as the department chair and advanced his ideas of what geography should be. It was also here that he became famous for developing the Berkeley School of geographic thought which focused on regional geography organized around culture, landscapes, and history. This area of study was important for Sauer because it further enhanced his opposition to environmental determinism in that it placed an emphasis on how humans interact with and change their physical environment. Also, he brought up the importance of history when studying geography and he aligned U.C. Berkeleys geography department with its history and anthropology departments. In addition to the Berkeley School, Sauers most famous work to come out of his time at U.C. Berkeley was his paper, The Morphology of Landscape in 1925. Like much of his other work, it challenged environmental determinism and made clear his stance that geography should be the study of how present landscapes were shaped over time by people and natural processes. Also in the 1920s, Sauer began applying his ideas to Mexico, and this began his lifelong interest in Latin America. He also published Ibero-Americana with several other academics. During much of the rest of his life, he studied the area and its culture and published widely on the Native Americans in Latin America, their culture, and their historical geography. In the 1930s, Sauer worked on the National Land Use Committee and began studying the relationships between climate, soil, and slope with one of his graduate students, Charles Warren Thornthwaite, to detect soil erosion for the Soil Erosion Service. Soon after though, Sauer became critical of the government and its failure to create sustainable agriculture and economic reform and in 1938, he wrote a series of essays focused on environmental and economic issues. Additionally, Sauer also became interested in biogeography in the 1930s and wrote articles focusing plant and animal domestication. Finally, Sauer organized the international conference, Mans Role in Changing the Face of the Earth, at Princeton, New Jersey in 1955 and contributed to a book of the same title. In it, he explained the ways humans have impacted the Earths landscape, organisms, water, and atmosphere. Carl Sauer retired shortly after that in 1957. Post-U.C. Berkeley After his retirement, Sauer continued his writing and research and wrote four novels focused on early European contact with North America. Sauer died in Berkeley, California on July 18, 1975, at the age of 85. Carl Sauers Legacy During his 30 years at U.C. Berkeley, Carl Sauer oversaw the work of many graduate students who became leaders in the field and worked to spread his ideas throughout the discipline. More importantly, Sauer was able to make geography prominent on the West Coast and initiate new ways of studying it. The Berkeley Schools approach differed significantly from the traditional physical and spatially oriented approaches, and though it is not actively studied today, it provided the foundation for cultural geography, cementing Sauers name in geographic history.

Comic spirit- new comedy Essay Example | Topics and Well Written Essays - 1250 words

Comic spirit- new comedy - Essay Example This influenced later comedy till the present day, â€Å"from Romans to Shakespeare to the West End and Broadway† (Perks 76). Roman playwrights Plautus and Terence employed ‘New Comedy’ in their work, as did Shakespeare in his Comedy of Errors. ‘New Comedy’ deals with a transfer of power from the older to the younger generation. In Terence’s The Self-Tormentor, Machiavelli’s La Mandragola, and Stephen Sondheim’s A Funny Thing Happened on the Way to the Forum, male sexuality and virility are central to the comic plot, and there is a focus on the power shift. Thesis Statement: The purpose of this paper is to investigate the shift in power from the older to the younger generation in ‘New Comedy’ portrayed in the Self-Tormentor, La Mandragola, and A Funny Thing Happened on the Way to the Forum. How these plays exploit male sexuality for comic purposes will be identified, and why male sexuality plays such a key role in the ‘New Comedy’ form will be examined. In Terence’s Heauton Timoroumenos (The Self-Tormentor) which was derived from Menander’s play of the same name, a wealthy youth Clinia develops a long-term, monogamous liaison with the young woman Antiphila, as evident from the following line, â€Å"almost now that he has her in the place of a wife† [prope iam ut pro uxorehaeret] (Rosivach 61). When Clinia’s father hears about the affair, he rebukes his son so strongly for his irresponsible actions, that the young man leaves Athens to become a mercenary serving a foreign king. His determination to make something of himself, echoes his father’s pursuit of success in his own youth (Rosivach 61). But, after compelling his son Clinia in love with Antiphila to go to the war area, the stern father Menedemus repents for his harshness, and torments himself mentally. Terence’s humour â€Å"arises from the

Nursing Qualitative research Proposal Essay Example | Topics and Well Written Essays - 2500 words

Nursing Qualitative research Proposal - Essay Example This reality shock occurs due to the transition from the educational to the service setting, which poses different priorities and pressures. Researchers have suggested that factors that cause the exit of new nurses can be related to work environment, lack of power, lack of opportunity for career development, lack of support from RNs, patient care issues and work schedules. Researchers have also suggested that mentoring and professional development opportunities are very important factors for new nurses' job satisfaction. For the purpose of this study I will use a qualitative approach to explore the research question. The use of qualitative research is appropriate since it helps in gaining a better understanding of an existing phenomenon. By conducting this research I hope to contribute to the existing literature by identifying factors that positively and negatively impact graduate nurses' experience. Although this phenomenon has received some attention in literature, it is still not very widely explored especially in its influence in the acute care setting. By conducting this research I also attempt to come up with recommendations on how the negative experiences can be mitigated to retain the nursing staff. By using the perspective of Parse's Human Becoming Theory I hope to be able to make sense of such nursing experiences and hope to apply them in a practical way. Research Design Qualitative research is proposed for conducting the proposed study. This will require qualitative data to be collected which will be based on narratives, impressions, ideas, concerns and attitudes of new graduate nurses, interviewed and observed in various interactions. As qualitative research seeks illumination and understanding it is considered appropriate for this study since it will help understand the phenomena of new graduate nurse experience. A qualitative descriptive design will be used for this study and Spradley's (1979) domain analysis approach will be used to conduct this qualitative research .In addition, historical analysis will also be undertaken. Domain analysis requires the following steps: Identification of domains that reflect the concerns of the interviewees rather than the researcher's own notions. A domain, is a collection of categories that share a certain kind of relationship. In order to familiarize with the issues that really concern the interviewees the researcher needs to read the data several times. Semantic relationships are then defined as suggested by Spradley (1979). An example of how semantics are described by Spradley is given below. Table - Identifying Semantics using Spradley (1980) Doctor Nurse is a part of

Statistics and Soft Drink Essay Example for Free

Statistics and Soft Drink Essay CASE 1 DEMAND ESTIMATION and ELASTICITY: Soft Drinks in the U. S. Demand can be estimated with experimental data, time-series data, or cross-section data. In this case, cross-section data appear in the Excel file. Soft drink consumption in cans per capita per year is related to six-pack price, income per capita, and mean temperature across the 48 contiguous states in the United States. QUESTIONS 1. Given the data, please construct (a) a multiple linear regression equation and (b) a log-linear (exponential) regression equation for demand by MS Excel. (20%) 2. Given the MS Excel output in question 1, please compare the two regression equations’ coefficient of determination (R-square), F-test and t-test. Which equation is a good (better) fit? Which equation shows the stronger overall significance to predict the future demand? Which equation will you choose for a better demand estimation? Explain your answer in the language of statistics. (20%) 3. Given your choice of equation in question 2, please interpret each coefficient of independent variable in the soft drink demand estimated equation. (10%) 4. Given your choice of equation in question 2, how many cans/capita/year on soft drink should be for a state in which 6-pack price=$2. 45, Income/Capita=$36,500, and Mean Temp= 68Â °F? (20%) 5. Given your choice of equation in question 2 and the numbers in question 4, please calculate the price elasticity of demand and income elasticity. Comment on whether the demand is elastic or inelastic and whether soft drink is necessity, normal good or luxury good. (10%) 6. Now omit the price and temperature from the regression equation then run the regression again. Given the Excel output of only one independent variable, income, should a marketing plan for soft drinks be designed that relocates most canned drink machines into low-income neighborhoods? Please explain your answer in the language of economics. (20%).

Effect of Organic Farming on Soil Nutrients and Structure Essay

Effect of Organic Farming on Soil Nutrients and Structure Works Cited Missing Since the 1970s, the agribusiness and agrochemical industries have been aware of a growing problem: as the global population soars, soils around the world are becoming less suitable for farming as a result of erosion, nutrient depletion, and structural degradation. In the United States, about 60,000 farmers have abandoned the "conventional" system which relies on chemical fertilizers and pesticides, and adopted the organic farming systems that allowed areas of China and India to be successfully farmed for 4,000 years (Reganold et al., 1990, p. 112). Organic farmers use plant matter and animal and municipal wastes for fertilizer, and rely on natural predators and disease-resistant crop strains to keep insects and fungi under control. While these methods are appealing to many on philosophical grounds, they also bring tangible benefits to farmers who observe improved soil structure, nutrient levels, and erosion control. Many of the benefits that farmers claim to receive from organic farming are related to increased humus levels. Droeven et al. (1980) found that field which received additions of farm-yard manure (FYM) had organic matter levels that were significantly higher than those in fields using chemical fertilizers and plowing in the plant matter from previous crops -- the method used on conventional farms (p. 215). Reganold et al. (1993) compared 16 biodynamic (organic farms that also incorporate silica and plant preparations) and conventional farms and reported that the biodynamic soils consistently had a 1% greater carbon content (p<0.01) (p. 346). This increased organic matter content has a variety of positive consequences. Reganold ... ...ic farming measurably disrupts natural processes, but it must be noted that a great deal of plant material is not returned to the soil in Nigerian farming practices, and so has the opportunity to deplete the soil in nutrients that plants use to grow. While the findings of Aweto and Ayuba provide strong evidence that organic farming probably can not leave any soil ecosystem undisturbed. The simple act of removing some plant matter causes nutrient depletion over time. However, the addition of manure and plant material, rather than simply using inorganic fertilizers provides a way adapt natural processes in the soil to aid in the cultivation of crops. The benefits of a healthy soil ecosystem range from decreased erosion to easier plowing. And through recycling the wastes that are now being produced, agribusiness may yet be able to feed the global human population.

Gardners Multiple Intelligences Musical Intelligence Education Essay

This paper conducted By Donovan A. McFarlane in Spring 2011 to analyze Gardeners Multiple Intelligence theory as the most practical and active platform for twenty-first century educational and instructional methods constructed on the appreciative differences in today ‘s schoolrooms and educational establishments. It deals with the sole potencies and features of single scholars, the opportunities that arise from using the thoughts of multiple intelligences, the demand for flexibleness and version in a world-wide humanity, and the turning demand for duty at all degrees of instruction. Numerous definitions of intelligence are shown in his paper to analyze the theories of Sternberg and Goleman as supportive surveies of Gardener ‘s MI as being the most effectual platform for twenty-first century in the educational and instructional Fieldss.IntroductionAssorted theories of intelligence are widespread in educational and psychological field. Some of those theories deal with remarkable intelligence and some as Gardner ‘s multiple intelligences concerns with diverseness. Each theory has its ain position point of view which affected educational and instructional methodological analysiss. Multiple intelligences ( MI ) consist of many subdivisions of single accomplishments and prospective attacks harmonizing to their acquisition manners. IN ( MI ) theory, Gardner ( 2011a ) believes that there are nine separating types of intelligences: spacial intelligence, naturalist intelligence, interpersonal intelligence, intrapersonal intelligence, lingual intelligence, logi cal-mathematical intelligence, musical-rhythmic intelligence, bodily kinaesthetic intelligence and experiential intelligence. ( McFarlane, 2011 )Gardner ‘s Multiple IntelligencesMusical IntelligenceIt deals with ability of an person in acknowledging the public presentation, composing, and grasp of musical forms. It includes the capableness to place and represent musical pitches, tones, and beat. Gardner believes that musical intelligence relates to structural equivalent to lingual intelligence.Linguistic IntelligenceSpoken and written linguistic communication is the most effectual concern of lingual intelligence. The ability to larn linguistic communications, and the ability of utilizing a linguistic communication to accomplish specific purposes and to show one ‘s ends verbally or rhythmically. An single uses the linguistic communication as a agency to retrieve informations and information. poets, attorneies, authors and talkers are among those that an effectual lingual intelligence as Gardener references.Bodily-Kinesthetic IntelligenceIt relates to utilizing one ‘s whole organic structure or parts of the organic structure to work out jobs potentially. It concerns with the accomplishment to utilize mental abilities to harmonise them with bodily actions and activities efficaciously. Howard Gardner respects mental and physical activity as related.Spatial IntelligenceIt relates to the possibility of acknowledging and utilizing the assorted forms of broad infinite and more limited countries in educational and instructional Fieldss.Interpersonal IntelligenceConcerned with the ability to understand the intents, stimulation, demands, wants and desires of other people. It relates to working in groups successfully with other squads. Religious, pedagogues, sales representative, and political leaders and counsellors all need a well-developed.Intrapersonal IntelligenceIt deals with understanding oneself successfully, grasp of one ‘s feelings, frigh ts and motives efficaciously. Harmonizing to Howard Gardner ‘s sentiment, it involves holding an effectual working theoretical account of ourselves, and to be capable to utilize such informations, facts and impressions to command and standardise our lives.Naturalist IntelligenceIt describes the human capableness to separate from other life animals ( workss, animate beings ) every bit good as understanding to other characteristics of the natural universe as trees, clouds, skies, stone constellations, H2O supplies and so on.Experiential IntelligenceUnderstanding and being able to dispute and track deep enquiries about human being, such as what does life intend? why do we populate? Why do we decease? and how did we acquire here. Harmonizing to the inventor of multiple intelligences theory, Howard Gardner, â€Å" intelligence can be defined in three ways as: ( I ) a belongings of all human existences ; ( two ) a dimension on which human existences differ ; and ( three ) the ways in which 1 carries out a undertaking in virtuousness of one ‘s ends † ( Gardner, 2011a, p. nine ) . Gardner believes that the dense base for ( MI ) theory lies in bio-psychological possibilities that range across cultural surroundings. Some bookmans supported Gardener ‘s and Hatch ‘s positions of MI theory. Two of the most noteworthy illustrations are Robert J. Sternberg and Daniel Goleman. McFarlane states â€Å" The very definitions of intelligence provided by both these theoreticians reflect the same withdrawal from hidebound theories of intelligence that is espoused by Gardner. Sternberg ( 2004 ) defines intelligence as â€Å" accomplishment in accomplishing whatever it is you want to achieve in your life within your sociocultural context by capitalising on your strengths and counterbalancing for, or rectifying, your failings † ( p.1 ) . Goleman ( 1995 ) differs merely somewhat by holding a more â€Å" remarkable † definition of intelligence † : emotion. He defines intelligence as â€Å" abilities such as being able to actuate oneself and prevail in the face of defeats ; to command impulse and delay satisfaction ; to modulate one ‘s tempers and maintain hurt from drenchin g the ability to believe ; to sympathize, and to trust † ( p.285 ) . Goleman calls this â€Å" Emotional Intelligence ( EI ) † and believes that it accounts for 80 % of success in persons † .Why Multiple Intelligences is the Most Effective PlatformThe developed theory of MI by Dr. Howard Gardner is based on the consideration that people learn devouring of assorted sorts of intelligences as Griggs et Al. provinces in 2009. This shows that people differs in geting and larning cognition harmonizing to their single differences and bio-psychological and cultural factors which affect their accomplishments and abilities. MI among different intelligence theories has its exceeding platform covering with human diverseness characterizing persons, and therefore leads to a more effectual and useful attack to turn to alone scholars in the schoolroom. Comparing MI theory to other theories of heads or human potency is surely the most operative and active platform upon which to better educational and instructional methodological analysiss for the schoolroom of the twenty-first century. We live in a truthfully international society where assortment of worlds has become the most of import and important characteristic of societal life. This diverseness is noticeable in the twenty-first century school and schoolroom where pupils from all Marches of life ( stand foring diverse linguistic communications, civilizations, civilisations, nationalities, faiths, and socialization-backgroundsaa‚ ¬ † non to advert alone single personalities ) meet in a remarkable topographic point where the teacher must be able to ease huge differences. Merely multiple intelligences ( MI ) hold the influence and indispensable prospective for teachers or pedagogues to develop elastic and wide adequate methodological analysiss and larning manners to turn to this different scholars with their assorted skill sets or abilities. Harmonizing to Donovan, † Further grounds of the toughness of multiple intelligences as the most suited and effectual platform for twenty-first century instructional and educational methodological analysiss can be gleaned from the application of assorted engineerings in the acquisition procedure. † As engineering is the facet of the new age, we should incorporate it in our educational system assorted with MI in order to make a new kingdom of modern direction. Besides, Gardener ‘s outgrowth of Emotional Intelligence ( EI ) has besides brought new apprehension of intelligence that makes MI theory more ambitious and effectual because incorporating â€Å" emotion † allows for even greater comparatively and subjectiveness in the definition of what truly constitutes intelligence. Furthermore, developed societal interaction and interpersonal accomplishments and increased their importance of specifying intelligence as a wider scope of human capablenesss which helps t o show an apprehension of single inimitability as the moderating characteristic in intelligence.DecisionAs one of assorted factors that influence educational and instructional procedure, intelligence has its ain affect in planing a new attack which helps pedagogues and teachers to cover with the diverseness and single singularity of the scholars in one acquisition environment by utilizing different acquisition manners. MI theory draws back the advancement and differences between the modern centuries and old 1s by delegating new attacks and integrates them into educational system as turning our positions of the instructional methodological analysiss and turn toing diverseness, single accomplishments and integrates them with engineering as a consequence of globalisation. As Donovan provinces, † Education is now a planetary procedure and â€Å" Education should embrace a assortment of methods in order to reflect kids ‘s different acquisition manners † ( Silverstein, 1999, P. 18 ) . † So harmonizing to Donovan ‘s point of position on his research paper which titled as Multiple Intelligences: The Most Effective Platform for Global twenty-first Century Educational and Instructional Methodologies, â€Å" Gardner ‘s MI theory therefore represents the most effectual platform for planetary twenty-first century educational and instructional methodological analysiss and those pedagogues who embrace this position will happen themselves run intoing and exceling stakeholders ‘ demands for answerability in the schoolroom and instruction. † As pedagogues and teachers of this new age, we have to encompass differences in a truly diverse society of the twenty-first century.

Pinkerton’s Detective Agenc Essay

Pinkerton (A) Late one afternoon in November 1987, Tom Wathen, sole owner and CEO of California Plant Protection (CPP), sat in his office staring at two financing plans. Wathen was trying to decide whether or not he should increase his $85 million bid to purchase Pinkerton’s—the legendary security guard firm—from its current owner, American Brands. On the previous day, Wathen had been told by Morgan Stanley, American Brands’ investment banker, that his bid of $85 million had been rejected and that nothing less than $100 million would be accepted. While Wathen was elated at still being in the deal, he had a problem. CPP’s board of directors had reluctantly approved the earlier $85 million bid and were sure to balk at a $100 million bid. Wathen desperately wanted to buy Pinkerton’s, but was not sure how much it was worth or how to finance it. Wathen knew he had to act now or miss this unprecedented growth opportunity and probably his last chance to be one of the industry’s biggest players. The Security Guard Industry The security guard industry had two segments: (1) proprietary guards and (2) contract guards. While both types of guards performed similar services, a proprietary guard was an employee on the payroll of a nonsecurity firm. Contract guards were â€Å"rented† from specialist suppliers like Pinkerton’s, CPP, Wackenhut, and Baker Industries. The historical growth of the contract guard segment of the industry was due in part to companies concluding that they gained operating flexibility by contracting out their security needs as opposed to managing their own security operations. By late 1987, security guard services was a $10 billion industry growing at 6% a year. But the industry was also mature, fragmented, and price-competitive. As a result there was an ongoing trend toward consolidation at the expense of smaller, local guard companies whose employees were often imperfectly screened and  poorly trained. Pinkerton’s The security guard industry began in 1850 when Allan Pinkerton founded the Pinkerton’s Detective Agency. The firm gained fame in the nineteenth century with its pursuit of such outlaws as Butch Cassidy and the Sundance Kid. In the film portrait of that pair, Paul Newman repeatedly asks Robert Redford, â€Å"Who are those guys?† Those â€Å"guys† were Pinkerton’s men and women. Pinkerton ran his firm until he died in 1884. The company was then headed by four generations of Pinkertons until the family’s reign ended in 1967 with the death of Robert Pinkerton. Adam S. Berger (MBA ’91), prepared this case under the supervision of Professor Scott P. Mason as the basis for class discussion rather than to illustrate either effective or ineffective handling of an administrative situation. American Brands, the $5 billion consumer goods company—with brand names such as Lucky Strike cigarettes, Jim Beam bourbon, Master locks, and Titleist golf balls—purchased Pinkerton’s for $162 million in 1982. American Brands made the acquisition in order to expand the service side of its business and because it saw the Pinkerton’s brand name as a great addition to â€Å"a company  of great brand names.† The Pinkerton family sold the company to American Brands because they felt the industry was becoming extremely price-competitive and therefore the company needed a strong parent to compete and grow. In 1987 Pinkerton’s was among the largest security guard firms in the United States, with sales over $400 million, 150 offices in the United States, Canada, and the United Kingdom, and a particular strength in the eastern United States. Exhibit 1 gives selected financial data for Pinkerton’s. California Plant Protection When Wathen bought CPP in 1963, the firm had 18 employees and revenues of $163,000. By 1987, Wathen had built CPP into a $250 million security guard company with 20,000 employees and 125 offices in 38 states and Canada. Exhibit 2 gives selected financial data for CPP. Wathen built CPP with his consummate marketing skills and the strategy of differentiating the firm with employee screening and continual training. CPP’s expansion was aided by the explosive growth of California’s economy and because the bigger, more established East Coast security guard firms had ignored the West Coast. While Wathen was the sole owner of CPP, he had a board of directors that he used as advisors. The board had three members: Albert Berger, James Hall, and Gerald Murphy. Berger was an entrepreneur, COO of an electrical connector firm and a CPP director since 1975. Hall was an attorney, a former vice president of MCA, the former California Secretary of Health, Education and Welfare, and a CPP director since 1976. Murphy was president of ERLY Industries, a director of several companies, and a CPP director since 1975. CPP’s Acquisition of Pinkerton’s Wathen wanted to buy Pinkerton’s for several reasons. First, he had always had the goal of creating the largest firm in the security guard industry, and the acquisition of Pinkerton’s would put him in a virtual tie with Baker Industries—a subsidiary of Borg Warner and the largest provider of contract guard services. Secondly, Wathen had been convinced for some time that American Brands was mismanaging Pinkerton’s and destroying a great brand name with its pricing strategy. In October 1987, American Brands announced  it had decided to sell Pinkerton’s because the security guard firm no longer fit into Brands’s long-range business strategy. Upon this  announcement, Jerry Brown, CPP’s secretary and general counsel, recalls, â€Å"Tom [Wathen] called me in and from that moment I knew he was going to do whatever it took to buy Pinkerton’s. Tom was always hung up on being the largest, and on Pinkerton’s name.† Morgan Stanley, an investment bank, was to represent American Brands in the sale and the bidding promised to be hotly contested. A task force of senior managers was quickly formed to prepare CPP’s bid which they knew, given the time pressures of the sale, would not have the benefit of adequate preparation. The task force believed there were three ways CPP could create value by acquiring Pinkerton’s. The most obvious source of value would come from consolidating the operations of CPP and Pinkerton’s by eliminating common overhead expenses such as corporate headquarters, support staff, and redundant offices. Second, the task force believed that significant improvements could be made in the management of Pinkerton’s net working capital. The third source of value, and possibly a unique insight by Wathen and the CPP task force, was the Pinkerton’s name. They believed that, while the industry was highly price-competitive, the services of both Pinkerton’s and CPP could be successfully marketed under the Pinkerton’s name at a premium price. Specifically, the task force felt that even though higher prices could lead to reduced revenue, the resulting improvement in gross profit margins, due to the marketability of the Pinkerton’s name, would be su fficient to result in greater gross profits. For example, the  task force believed that a premium price strategy would definitely reduce Pinkerton’s revenues since that firm had acquired a significant amount of business since 1985 using a low-price/high market-share strategy. The new pricing strategy would result in Pinkerton’s revenues shrinking, in a smooth fashion, to 70% of their 1987 level by the end of 1990 and then growing at 5% a year thereafter. But the task force was uncertain in its estimate of the impact of the new strategy on profitability. They expected that the new pricing strategy would improve Pinkerton’s gross profit margins from 8.5% in 1988 to 9.0% in 1989, 9.5% in 1990, and 10.25% thereafter. The task force further expected the new strategy to produce higher margins for CPP, increasing the projected operating profit from CPP’s own business by $1.2 million in 1989, $1.5 million in 1990, $2.0 million in 1991, and $3 million in 1992. This increase in CPP’s projected operating profit would be over and above that level that would otherwise have been anticipated in those years, and was expected to grow at 5% a year, in line with sales, beyond 1992. (Exhibit 3 gives a five-year forecast of CPP’s net income and cash flow assuming Pinkerton’s is not acquired). However, the task force realized there was a distinct possibility that the new pricing strategy would have no impact on CPP’s projected operating profits, and Pinkerton’s gross margins would improve to only 8.5% in 1988, 8.75% in 1989, 9.0% in 1990, and 9.5% thereafter. The task force was confident that, as a result of eliminating common overhead, Pinkerton’s operating expenses, as a percentage of sales, could be reduced to 6% in 1988, 5.9% in 1989, and 5.8% in 1990 and beyond. The task force was also confident that Pinkerton’s net plant and equipment could be reduced to 4% of sales and maintained at that percentag e relationship for the foreseeable future. The task force was somewhat less confident in its estimate of improvements to the management of Pinkerton’s net working capital. This was due to concerns over the ability of CPP’s accounting department to handle a much larger and more geographically diverse operation. The task force expected that Pinkerton’s net working capital, as a percentage of sales, could be reduced to 8.6% in 1988, 7.4% in 1989, and 6.2% thereafter. However, if CPP’s accounting department experienced difficulties in integrating the two firms’ operations, then Pinkerton’s net working capital would remain at 9.5% of sales. The idea of CPP acquiring Pinkerton’s was not universally popular. Most of the investment banks and lenders contacted by CPP expressed negative feelings about the potential acquisition, citing inadequate cash flow and weak market conditions following the dramatic dislocation of the stock market in the previous month. However, a representative of Sutro & Co., a prominent West Coast investment bank, indicated he was â€Å"highly confident† he could get financing for the acquisition from either Manufacturers Hanover Trust Corporation or General Electric Credit Corporation. In addition, Wathen had some problems with CPP’s board of directors. For example, Berger thought there would be obvious synergies in merging the two businesses, but that there was not enough management depth at CPP capable of running the combined firms. According to Berger, there was no COO, no CFO, no marketing manager, and nobody to handle the day-to-day details of operating a $650 million firm. The last thing CPP needed was growth, Berger argued. He felt the field people could handle a larger firm, but the corporate management could not. Nonetheless, the task force pressed on with their analysis of Pinkerton’s. In addition to current financial market conditions, the analysis took special notice of Wackenhut, the only publicly traded security guard firm. (See Exhibits 4 and 5.) Only 12 days after receiving the details of the sale  from Morgan Stanley, and with the reluctant approval of his board, Wathen bid $85 million for Pinkerton’s. Wathen did not receive a response to his bid for two weeks. Through his own network, Wathen knew another firm had bid more than CPP and that Morgan  Stanley was negotiating with that firm. Wathen was disappointed that he might miss his last opportunity to be one of the biggest in the business. When Morgan Stanley finally called and told Wathen his $85 million bid was too low, and that nothing less than $100 million would be accepted, Wathen was elated that he had another chance to buy Pinkerton’s. But he suspected the reason Morgan Stanley had finally called him was that the other buyer had been unable to finance their higher bid. Financing a $100 Million Bid In a last ditch effort to improve his bid for Pinkerton’s, Wathen asked his investment banker to determine the options for financing a $100 million bid. The banker responded with only two alternatives. The first alternative came from an investment firm who would provide both debt and equity financing. The debt, in the amount of $75 million, would have a seven-year maturity and an 11.5% interest rate. The loan principal would not be amortized prior to maturity, at which time the entire $75 million would come due. Finally, this debt would be a senior obligation and be backed by all the assets of the new combined firm. The equity, in the amount of $25 million, would be provided in exchange for 45% of the equity in the new combined firm. The second alternative was a 100% debt financing offered by a bank. The bank would lend $100 million at the rate of 13.5% a year. The loan principal would be amortized at the rate of $5 million a year for six years, with a final payment of $70 million at the end of the seventh year. Again, this loan was collateralized by all of the assets of the new combined firm. Under either financing alternative, Wathen was very concerned about the required debt service. The new combined firm’s nonpublic, as well as high-leverage, status could make any cash flow problems over the next five years highly problematic. The task force also reminded Wathen that a $100 million purchase price would result in the creation of good will on his balance sheet which would have to be amortized at the rate of $5 million per year for the next 10 years.1 Wathen sat in his office and prepared to make the biggest decision of his career. As an entrepreneur and an experienced security guard executive, Wathen was sure Pinkerton’s was a good buy. However, he had routinely relied on his board and other advisers for  financial advice. His board had reluctantly approved his earlier bid of $85 million and was sure to balk at a $100 million bid. How could he justify a $100 million bid for Pinkerton, particularly in light of his earlier bid of $85 million? And if he was successful in convincing the board, how was he going to finance the acquisition?

Many Masters of Slavery essays

Many Masters of Slavery essays In 1865, the passing of Amendment XIII by congress abolished slavery in the United States. Toni Morrisons novel, Beloved, covers a span of time just before, and just after the abolishment of slavery. Reading the novel we learn that despite being physically free, complete freedom for former slaves and their families can not be realized until they are no longer imprisoned by their pasts. Based upon the true events of Margaret Garner, Beloved is centered around the escaped slave Sethe, who after a month of stolen freedom is tracked down to her freed mother-in-laws home in Cincinnati to be taken back to Sweet Home by the schoolteacher. Upon discovery, she attempts to kill all her children to save them from a life of slavery. She is only successful at killing her one year old baby girl, which spoils her as a slave in the eyes of the schoolteacher, and he allows the authorities to take her to prison. Later, the spirit of the murdered child haunts the house at 124, and returns as Beloved, a young women the age of what Sethes murdered daughter would have been. Included in the novel are accounts of other ex-slaves, or family members of ex-slaves, and their struggles to free themselves from their pasts. One of the major themes Toni Morrison is relaying in this novel is that although the ex-slaves in the book were freed by different methods, none of them actually experienced freedom. Some of the characters were freed by escaping, others had their freedom paid for, while others were born free and still feel the imprisonment of slavery a generation later. Sethe gained her freedom by escaping from Sweet Home. Regardless of this, her past is a constant reminder of her price for that freedom. In a conversation with Paul D., she tells him No more running-from nothing. I will never run from another thing on this earth. I took one journey and I paid for the ticket, but let me tell you something, Paul D Garner: it cos...

Be Sure Your School or Program Is Accredited

Be Sure Your School or Program Is Accredited Accreditation is recognition that an educational institution has a certain standard of quality that other reputable organizations will honor. There are two kinds of accreditation: institutional and specialized. Institutional refers to the entire school. Specialized, or programmatic, refers to specific programs within an institution. When you see that a program or institution is accredited, don’t accept that it is accredited by a reputable agency. Check it out. Make sure you can trust online programs. Be careful not to spend money on programs accredited by agencies not on the following list. They may be okay, but caution and good sense is recommended. When a program offers you a diploma in a matter of days, red flags are blowing. The U.S. Department of Education has the authority and responsibility of recognizing accrediting agencies that can be trusted. Here is their list as of May 1, 2009: Regional Accrediting Agencies Middle States Association of Colleges and Schools, Commission on Higher EducationMiddle States Commission on Secondary SchoolsNew England Association of Schools and Colleges, Commission on Institutions of Higher EducationNew England Association of Schools and Colleges, Commission on Technical and Career InstitutionsNew York State Board of Regents, State Education Department, Office of the Professions (Public Postsecondary Vocational Education, Practical Nursing)North Central Association Commission on Accreditation and School Improvement, Board of TrusteesNorth Central Association of Colleges and Schools, The Higher Learning CommissionNorthwest Commission on Colleges and UniversitiesOklahoma Board of Career and Technology EducationOklahoma State Regents for Higher EducationPennsylvania State Board of Vocational Education, Bureau of Career and Technical EducationPuerto Rico State Agency for the Approval of Public Postsecondary Vocational, Technical Institutions and ProgramsSouthern Ass ociation of Colleges and Schools, Commission on CollegesWestern Association of Schools and Colleges, Accrediting Commission for Community and Junior CollegesWestern Association of Schools and Colleges, Accrediting Commission for SchoolsWestern Association of Schools and Colleges, Accrediting Commission for Senior Colleges and Universities Nationally Recognized Accrediting Agencies Accrediting Commission of Career Schools and Colleges of TechnologyAccrediting Council for Continuing Education and TrainingAccrediting Council for Independent Colleges and SchoolsAssociation for Biblical Higher Education, Commission on AccreditationAssociation of Advanced Rabbinical and Talmudic Schools, Accreditation CommissionCouncil on Occupational EducationDistance Education and Training Council, Accrediting CommissionNational Accrediting Commission of Cosmetology Arts and SciencesNew York State Board of Regents, and the Commissioner of EducationTransnational Association of Christian Colleges and Schools, Accreditation Commission Hybrid Accrediting Agencies Accreditation Commission for Acupuncture and Oriental MedicineAccrediting Bureau of Health Education SchoolsAmerican Academy for Liberal EducationAmerican Bar Association, Council of the Section of Legal Education and Admissions to the BarAmerican Board of Funeral Service Education, Committee on AccreditationAmerican College of Nurse-Midwives, Division of AccreditationAmerican Dietetic Association, Commission on Accreditation for Dietetics EducationAmerican Osteopathic Association, Commission on Osteopathic College AccreditationAmerican Podiatric Medical Association, Council on Podiatric Medical EducationCommission on Accrediting of the Association of Theological SchoolsCommission on Massage Therapy AccreditationCouncil on Accreditation of Nurse Anesthesia Educational ProgramsCouncil on Chiropractic EducationJoint Review Committee on Education in Radiologic TechnologyMidwifery Education Accreditation CouncilMontessori Accreditation Council for Teacher Education, Commission on Accredi tationNational Association of Schools of Art and Design, Commission on AccreditationNational Association of Schools of Dance, Commission on AccreditationNational Association of Schools of Music, Commission on Accreditation, Commission on Community/Junior College AccreditationNational Association of Schools of Theatre, Commission on AccreditationNational League for Nursing Accrediting Commission Programmatic Accrediting Agencies Accreditation Council for Pharmacy EducationAmerican Association for Marriage and Family Therapy, Commission on Accreditation for Marriage and Family Therapy EducationAmerican Dental Association, Commission on Dental AccreditationAmerican Occupational Therapy Association, Accreditation Council for Occupational Therapy EducationAmerican Optometric Association, Accreditation Council on Optometric EducationAmerican Physical Therapy Association, Commission on Accreditation in Physical Therapy EducationAmerican Psychological Association, Committee on AccreditationAmerican Speech-Language-Hearing Association, Council on Academic Accreditation in Audiology and Speech-Language PathologyAmerican Veterinary Medical Association, Council on EducationAssociation for Clinical Pastoral Education, Inc., Accreditation CommissionCommission on Accreditation of Healthcare Management EducationCommission on Collegiate Nursing EducationCommission on English Language Program AccreditationCommission on Optic ianry AccreditationCouncil on Education for Public HealthCouncil on Naturopathic Medical EducationJoint Review Committee on Educational Programs in Nuclear Medicine TechnologyKansas State Board of NursingLiaison Committee on Medical EducationMaryland Board of NursingMissouri State Board of NursingMontana State Board of NursingNational Association of Nurse Practitioners in Womens Health, Council on AccreditationNational Council for Accreditation of Teacher EducationNew York State Board of Regents, State Education Department, Office of the Professions (Nursing Education)North Dakota Board of NursingTeacher Education Accreditation Council, Accreditation Committee

Diversity Identity Essay Example | Topics and Well Written Essays - 2750 words

Diversity Identity - Essay Example They are very friendly, helpful. They do not bother about religion and are highly cultured persons. I remember my first contact with different religion person when I lived in turkey and joined a French school. We soon became friends; the encounter was very pleasant as we shared our thoughts on our cultures. I was brought up in a very diverse culture, religion. So when I grew up, I learnt that there is no religion created by god, only man started religions and god is one. It is really foolish to distinguish ourselves by our religions. Religions should be teaching unity, but that is not what happening. However, there are situations in my life that make me conscious of my religion even today. The terrorist attack on America on September 11 2001 is one of the worst nightmares in my life. I can still remember my neighbors were afraid to speak to us. It was a week before when I and my friends were talking about different religions; there were two Hindu friends of mine and a Christian one. The discussion just aroused out of curiosity in knowing other religions by my friend. We talked about Hinduism, Christianity, Islam, and Sikhism. These talks were very interesting as we could know the practices of different religions. As a part of our friendship, we all go to church and temple. Religion has never been a barrier for me to make friendship; I won't consider religion while making friends. So I love to make friends of any religion. I never felt like I was an outsider, as I was brought up in diverse culture, I never this sense of insecurity. Religion may affect me at my workplace, however, as I am experienced in such kind of culture, I am confident that I can tackle the situation and move forward. Interview 1: I was born in a Muslim family, my neighbors were Muslims. My family and friends all belong to the same religion. When I joined elementary school, I encountered a completely diverse group of children. However I didn't care about it at that tender age. This is a nice teaching for me as I still feel that this diverse culture had made me adaptable to any culture. My schooling was also of the same scenario. My co-workers were of different backgrounds as I work for a multinational company. It is my way of life to work with people of other religion as almost everyday I work with persons of different religions. I feel excited to work with them as they are from different cultures and there is a sort of cultural exchange among us. I don't really remember my first contact with a person of other religion. That person could be my elementary school mate. The contact should definitely be pleasant. I learned many things from people of different culture. The main thing I learned from Hindus is their readiness to accept any religion. The Christians have keen interest in studying other religions. Situations or topics like marriage make me conscious about my religion. My family wants me to marry only a Muslim boy. This makes me feel insecure and obviously is a negative experience for me. The topic of religion aroused when I and my friends were discussing on different cultures of the world. The talk was all about Christianity, Sikhism, Buddhism and Islam. I was shocked when my Sikh friend said "it is ultimately your religious friend who will rescue you when the time arrives". There is no regular talk about it; it may arise once in a while. My friend group consists of 3 Muslims, 2 Hindus, 1 Sikh. I would love to add my friends list with different