The Masque of the Red Death free essay sample

The Masque of the Red Death In the story, The Masque of the Red Death, Edgar Allan Poe gave us the message that death cannot be cheated. He made an impression that safety is indeed merely an illusion by killing the characters who believed otherwise. The story takes place in Prince Prospero’s castle, which is bolted shut, to keep out the pestilence ravaging the area. The castle itself is extremely peculiar, it is set up in an odd fashion and each room is fully color coordinated. The rooms are thought to symbolize the different stages of life. Blue is for birth, Purple is for the beginning of growth, the green room represents the â€Å"spring of life†, the orange room stands for the autumn and summer of life, the white room is for old age, the violet is you last days on Earth, when you are at deaths doorsteps, and the black room symbolizes death. We will write a custom essay sample on The Masque of the Red Death or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Another symbolism would be the clock, which is located in the black room, I believe this object signifies time passing and our time closer to death. The Abbey which is shut off from the real world represents the illusion of safety, from death. All these symbols work together so it is clear that this is actually an allegory. This allegory was told to us in third-person in an extremely dark and ominous tone. I believe the author did an exceptional job delivering the story to his audience. What Edgar Allen Poe did well was that he made sure we as the audience knew that death was around them at all times. The story itself began describing the setting and how there had been a pestilence ravaging, the ending also correlated to the theme of death being inevitable. Many believe this story was a fictional twist to something a bit more personal to Edgar Allan Poe. Many important women in Poe’s life sadly died due to tuberculosis, maybe he thought no matter what he tried doing, death for them was inevitable.

Tertiary Preparation OECD

Question: Discuss about the Tertiary Preparation for OECD. Answer: Introduction Australia is one of the countries with the highest life expectancies in the world. In the year 2012, the combined life expectancy at birth was 82.1 years which was the sixth highest among OECD (Organization for Economic Co-operation and Development) countries. This reflects the overall mortality level and the rise in ageing population in Australia. This essay looks into the factors leading to ageing population and the potential effect of ageing population in the long run. Certain Australian Government reports and survey is an indication of the ageing population in Australia. For example in 2014, about 3.4 million people were above the age of 65 years and 456, 600 people were above 85 years of age (About ageing in Australia AIHW), 2017). The ageing process has increased due to demographic processes like fertility, mortality, migration of Australia. The transition of the Baby boom generation into the retirement stage is also contributing to ageing. Baby boom has created a shock wave of increase in particular age group in population cohort. High increase in life expectancy due to better health service and public health awareness is also contributing to ageing (Buckley et al., 2013). There are many implications of ageing in Australia. Firstly, economic development of the country might be affected by the ageing population. With more number of people above 55 years, the labor force participation rate will decrease and hours worked per capita will also be lower. The shortage of labor will have an impact on per capita GDP growth due to decrease in average labor productivity performance. It will also put more pressure on government during planning budgets as government is expenditure will increase significantly. Apart from education and welfare expenditure, additional expenditure will also be required in health sector, aged care and pensions. The main source of pressure will be the health care cost as the ageing population is likely to suffer from different chronic disease. It will increase the burden of the hospitals and health care sector (Kendig, McDonald, Piggott, 2016). Despite several challenges and implications of ageing population, Australia can prepare them to reduce this overall economic pressure by implementation of range of policy measures. This may include policies to raise productivity and participation to enhance income of Australia. This will depend on the demand of service and the cost involved in the future. Critical thinking and planning will be needed to adapt cost-effective health service provision to reduce extra health care expenditure. Hence, the perceived crisis related to ageing population can be avoided if Australian government takes timely and strategic action to solve the issue nationally. Reference About ageing in Australia (AIHW). (2017).Aihw.gov.au. Retrieved 14 January 2017, from https://www.aihw.gov.au/ageing/about/ Bloom, D. E., Chatterji, S., Kowal, P., Lloyd-Sherlock, P., McKee, M., Rechel, B., ... Smith, J. P. (2015). Macroeconomic implications of population ageing and selected policy responses.The Lancet,385(9968), 649-657. Buckley, J., Tucker, G., Hugo, G., Wittert, G., Adams, R. J., Wilson, D. H. (2013). The Australian baby boomer populationFactors influencing changes to health-related quality of life over time.Journal of aging and health,25(1), 29-55. Kendig, H., McDonald, P., Piggott, J. (Eds.). (2016).Population Ageing and Australia's Future. ANU Press.

How to Prepare For IELTS Sample Essay

How to Prepare For IELTS Sample EssayStudying IELTS Sample Essay is the first step to being accepted by the British Council for the IELTS. This is an educational qualification used for admission into their renowned school.Having learnt English, most students feel that English is a natural language and they will never need to learn another one. It's a popular belief that people who learn English will also learn the art of speaking English fluently.However, it doesn't matter how well you speak if you can't read or write. Some people don't even possess English as a second language as they learn in English public schools and colleges.So, the question is how do you learn English? You don't, unless you study the English literature. Studying IELTS is one way of doing this.The IELTS is an internationally recognised examination which prepares you for the IELTS course. This English language course is available in two formats, free to all participants and with a fee. A similar examination is th e TOEFL test, which is also widely acknowledged.There are many places from where you can take the free test, but the IELTS will be at the top of your list as you want to practice English. Your IELTS test will help you prepare for the IELTS. The IELTS is a test that helps the person who passed it to prepare for the IELTS, which is conducted by the British Council.Taking the IELTS is just the first step. You will have to complete and submit a sample essay and answer a few practical questions. You can also do the IELTS sample essay on your own. All you need is to sit for a test in order to pass.Studying IELTS Sample Essay will help you prepare for the IELTS exam and the BCCC's IELTS examination. Study tips will be provided for all students, so that you can pass your test without fail.

Jetblue Essay Example

Jetblue Essay Learning objectives 1. institutional aspects of equity issuance transaction 2. costs and benefits associated with public share offerings 3. develop a deeper appreciation for challenges of valuing unseasoned firms and enhance corporate valuation skills KEY QUESTIONS FOR CONISDERATION 1)What are the advantages and disadvantages of going public? 2)What different approaches can be used to value JetBlue’s shares? 3)At what price would you recommend that JetBlue offer their shares? Potential Questions to be addressed in report submission * What is an Initial Public Offering and why is it such a big deal? Is going public, particularly at the time they did, a good idea for JetBlue? * What do you believe JetBlue stock is really worth? * Does the financial forecast in case Exhibit 13 seem reasonable? * What are the key assumptions in the IPO valuation? * Is the length of the forecast period within the IPO valuation (exhibit 13) reasonable? * What discount rate is appropriate for the cas h flow forecast? * How would you suggest estimating the terminal value? What assumptions have you made? How have your assumptions affected the estimated value of JetBlue shares? Introduction After the terrorist attacks on September 11, 2001, it was upset deeply because of the safety for the airline industry in the United States. The passenger demand suddenly reduced and many flights cancelled afterwards, which led a lot of American airlines declared bankruptcy afterwards, including US Airways and United Airlines. It was a challenging time for airline industry, however, David Neeleman, the CEO and Founder of JetBlue Airways, discovered an opportunity for the company. Barely two years after its foundation, the company decided to raise additional capital through initial public offering (IPO). This report is aimed to apply financial theories and concepts into analyse the real case study of JetBlue Airline. Firstly, the background of JetBlue will be introduced briefly. Also, the advantages and disadvantages of going public for JetBlue will be discussed in the following pages. In addition, the share valuation of JetBlue IPO will be estimated based on several assumptions. Last but not least, the recommendation will be provided in the last past of this report. Background JetBlue was founded by David Neeleman in 1999, which looked to fulfil the purpose of â€Å"humanity back to air travel†. We will write a custom essay sample on Jetblue specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Jetblue specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Jetblue specifically for you FOR ONLY $16.38 $13.9/page Hire Writer By following the low-cost model of Southwest Airlines, JetBlue pursued to offer passengers an enjoyable flying experience by providing in-flight entertainment, comfortable room and high-quality customer service. In addition, in order to organise a strong and experienced working team, Neeleman employed several skilled senior managers, comprising of David Barger who was a former vice president of Continental Airlines to be president and COO and John Owen who was executive vice president and former treasurer of Southwest Airlines to be CFO in JetBlue. Moreover, as the founder of JetBlue, Neeleman have own extensive experience with airline start-ups from managing low-fare flights during university period. Based on the explicit marketing strategy of JetBlue, barely less than one year, the company increased the routes to other cities in America and it continued to grow rapidly to 17 destinations in early 2002. And not only that, JetBlue adopted the active measures to increase expenditures for security by setting up equip cockpits with bulletproof doors and security cameras, which enhanced the confidence of US residences to take flights under the circumstance of few people was afraid of flying after September 11 hijackings. Advantages and disadvantages of going public Refer to Bodie, Kane and Marcus (2011), initial public offerings are stocks issued by a formerly privately owned company that is going public, which means that selling stock to the public for the first time. According to Rothberg, the following table are shown some advantages and disadvantages of going public. Pros| Cons| Potentially large bonuses for business owners| High explicit cost – roughly 7% of the funds raised| Ability to raise additional capital rapidly in the future| Pressure to meet investor expectations| Attraction and retention for the valuable talents| Less control on make business decisions – decisions should be based on the interest of shareholders and investors other than owners themselves| Easy to sell ownership shares when owners exit business or retire| Reporting disclosure on regular basis| Access to capital markets| | In relation to this case, JetBlue aimed to raise additional capital through an IPO in order to support company’s growth and offset portfolio losses by investors. Moreover, according to John Owen, JetBlue had prepared the initial registration statement with security and exchange commission (SEC) for the IPO on September 11, 2001. However, based on the September 11 attacks, they delayed IPO before it came into force. In fact, not only the terrorist attacks on September 11, 2001, but several events happened negatively affected the global economy during the period of going public for JetBlue. For example, the contagion of bird flu was quite severe during taking flights, which definitely influenced the demand of flights. The increasing oil price also raised the basic cost in any transportation industry. Another negative condition could be the economic downturn, including crash of the dot-com bubble and financial crisis in Asia. From this point of view, it seemed not to be an appropriate time to going public. However, faced with the weak financial markets, JetBlue measured the targeted strategies and made success in profitable operations. And IPO market is never dead for good company with real revenues and real earnings just like JetBlue. It then turned out that it was a suitable time for JetBlue to IPO during the economic downturn though. JetBlue’s shares valuation There are various methods to value shares for a company, including free cash flow to equity (FCFE) method discounted by WACC, free cash flow to firm (FCFF) method discounted by cost of equity, dividend discount model and relative valuation techniques. Since JetBlue had not paid out any dividends on common stock, dividend discount model cannot be used to estimate company share value. In addition, FCFF method do not consider the effect of interest payment, however, as mentioned in the case, the Federal Reserve had attempted to stimulate economic activity by reducing interest rates. Therefore, from my point of view, it was more appropriate to value JetBlue share by FCFE method to consider the consequences of interest rate. The assumptions are made for evaluate JetBlue share value as follows. The long-run growth rate was expected to be 7% annually. And the company would have survived and would be a typical firm with an estimated cost of equity of 15% in 2010. Last but not least, the appropriate discount rate was assumed to be 30%. Additionally, there was a quite weird number disappeared in the Exhibit 13, which was the expected inflation rate was 4 times in 2002 than other years. After changing it back to the normal, the share value then could be calculated to be around $24. 60 per share. (Appendix 1) Recommendation Based on the assumptions, the calculated consequence is identical to the initial offering prices which ranged from initial price to implemented offering price ($24 to $25). Faced with sizable excess demand to potential investors, JetBlue took the appropriate measure to increase share value in order to avoid â€Å"money leave on the table†. In the long run, I believe that JetBlue will still grow at a stable stage as the innovative spirit and seasonable measures to the different types of events. Therefore, JetBlue’s stock was worth for the potential and incoming investors. We prepared to retristrict initial registration with SEC for the IPO on September 11, 2001. Based on the event of that morning, we didnot . We waited until stock market settled down. We returned the profitability in November and December. We started to issue IPO gain in Christmas time. Obviously, we modified the document a bit. High growth, low cost profitable airline has rebounded substantially in the market place. It was a very good stands to do the IPO for JetBlue. Even though it was 2002, the IPO market was pretty much dead, the IPO market is never dead for good company with real revenues and real earnings. So we were confident even a small amount of John Owen registration statement with underwriters FCFF we do not consider the effect of interest payment 1) In FCFF, we use EBIT (1-t) whereas in FCFE, we use Net Income; this is because while using EBIT (1-t) in FCFF we do not consider the effect of interest payment as mentioned above. 2) IN FCFE, we use Change in Non- Cash Working Capital*(1-D) – Capital expenditure*(1-D) whereas in FCFF we use Change in Non-Cash Working Capital – Capital Expenditure; this is because we just want to concentrate on cash flow due to equity only. Reference Bodie Z. , Kane, A. , Marcus, A. J. (2011). Investments (9th ed. ). New York: McGraw-Hill Rothberg F. The Pros and Cons of Going Public. Retrieved from http://www. cfoedge. com/resources/articles/cfo-edge-the-pros-and-cons-of-going-public. pdf Appendix (Appendix 1: Share valuation of JetBlue Airways) [ 1 ]. Bodie Z. , Kane, A. , Marcus, A. J. (2011). Investments (9th ed. ). New York: McGraw-Hill [ 2 ]. Rothberg F. The Pros and Cons of Going Public. Retrieved from http://www. cfoedge. com/resources/articles/cfo-edge-the-pros-and-cons-of-going-public. pdf

Suzuki Samurai Case Analysis Essay Example

Suzuki Samurai Case Analysis Essay Example Suzuki Samurai Case Analysis Essay Suzuki Samurai Case Analysis Essay SITUATIONAL ANALYSIS Michio Suzuki founded Suzuki Loom Works, a privately owned loom manufacturing company, in 1909 in Hamamatsu, Japan. In 1954 it changed its name to Suzuki Motor Company, Ltd. Suzuki changed its policy many times according to the market requirements. Suzuki started with introducing its products in Japan and then exporting it to various foreign markets (100 countries). It started off with motorcycles and was now producing trucks subcompact cars as well. Japans voluntary restrain agreement (VRA) quotas made it impossible for Suzuki to export any cars other than the Sprint to USA in future. In1985 Suzuki introduced the SJ413 an upgraded model of SJ 410 and designed especially for US market as further delay would increase the threat of ? Brand Clutter. Suzuki planned to market two versions of the Samurai in USA, a convertible and a hard top. There were other players who were also planning to enter the market. Hyundai Motor Company Zavodi Crvena Zastava (yugo) were expected to enter in 1986. DECISION PROBLEM Suzuki, was now facing the following question?  · How should SJ 413 be positioned in the US market? POSITIONING From the exhibits provided we can figure out that there were two things which were important for the customer while selecting a vehicle:  · Physical Characteristics (Design/appearance)  · Price Based on its physical characteristics, the major three positioning options for Samurai SJ413 were:  · Position as a compact sport utility vehicle  · Position as a compact pickup truck  · Position as a subcompact car Positioning as a Sports Utility Vehicle The most obvious position for the samurai was as a sport utility vehicle. It looked like a mini- jeep and had 4-wheel drive capability. The positioning of Samurai as sport utility vehicle solely

The role of leadership strategies, which help an organization to Essay

The role of leadership strategies, which help an organization to maintain its performance - Essay Example According to the research findings leaders are considered more effective even than the managers of the company, it is because leaders do not only manage the problems and system, but they lead their team in a professional manner. Leaders possess outstanding abilities to enhance the performances of all team members. They encourage them to view organizational situations from a leader`s eye and take initiatives in more improved manner, to increase productivity of the company. A leader also possesses persuasive attributes to motivate organizational members in order, to bring positive change in their organizational behavior and performance. Additionally, a leader does not solely focus on the performance of the employees; they keep an eye on the quality performance of the workers, because compromising on quality can create perplexing situations for the company. A leader brings new ideas for the success of the organization and makes plan to implement realistic strategies. Moreover, when all staff members ethically follow rules and regulations to understand the importance of result oriented concepts of the leaders, then a successful change takes place in the company. Kouzes and Posner, a leadership model suggested by Jim Kouzes and Barry Posner, has facilitated leaders to broaden their vision and form a stronger base for the organizational purposes with the co-operation of all team members. Additionally, this model has suggested another strategy to bring successful shift in the company such as, all workers including, leaders should maintain their worksheet, as it will help all participants to stay updated about their performance quality and scale. (Kouzes & Posner, 2003). Moreover, this model further suggests that all actions and strategies should be plan to secure future position of the company, means that future standard of the company should be the foremost priority of the company`s plans and leadership tools. Leadership Competency of Edge: The leadership competency of edge is an essential attribute of leadership that allows a leader to take risk at the hour of need. A risk of trust that he/she understands in a deeper sense than others and views a risky situation, as the best solution in the conditional situation of the company (Zingheim & Ledford, 1996). However, a leader has to be accountable for all outcomes, but he possesses qualities to take and manage the risk efficiently. Not only this, a leader should have potential to encourage all other employees to understand the importance of a risky situation, needed to bring organizational shift that would be most beneficial for the company (Zingheim & Ledford, 1996). Leadership competency of edge contributes to gather attention of all employees and motivate leaders to utilize workers, as the atoms that are useful to increase productivity of the organization through a result oriented shift. Motivating employers to maintain the performance based pay is another aspect of leadership competency that d irectly motivates employees to maintain their performances through the whole procedure of organizational shift. Organizational shift and improvement in the performances of the employees is only possible, when a leader makes his/her team realized that understanding an organizational mission

Investigate a given organisation to analyse its current position, Essay

Investigate a given organisation to analyse its current position, evaluate the strategic options available, and recommend the strategic route - Essay Example Besides the technology advancement, competition is rapidly increasing in almost every industry, and this could send some businesses into oblivion. In line with that, this paper seeks to analyse the current position, evaluate the strategic options and recommend the most appropriate strategic route for the Dyson Company. Founded in 1993 by James Dyson, Dyson Company is a UK-based firm, which specialises in the designing and subsequent manufacturing of heaters, bladeless fans, dryers and vacuum cleaners. Though based in the UK, the company extends it services to 80 other countries around the globe, and as of December 2013 the firm’s profit stood at a staggering  £800,000,000. It currently provides employment to over 5,000 people around the world 1.Innovation has been the key driver of this company as evidenced by the creation of Ballbarrow, an alternative wheel for wheelbarrows that James Dyson invented after finding it hard to use the then ordinary wheelbarrow. A business current position is judged through its various parameters including its values, unique selling point (USP) and market share. A business has to remain distinct among other competitors in order to remain not just afloat, but also ensure it achieves its goals. By offering a unique product, a firm sets itself above others; with values that correspond to the needs of people a firm attracts a list of clientele 2. Identifying the market where a firm belongs helps it in focusing on the same to ensure the clients are served properly. In the case of Dyson, the current position is that it is well positioned despite the presence of other players in the market. The above assertions are informed by the recent statistics, which show the firm’s growth increasing each year. For instance, in 2011 the firm’s profits increased by 8% followed by 30% in 2012 and there has no announcement of loss in the last two years either 1. Besides the profits increasing annually, the firm’s market share