Narrative essay prompts college
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Wednesday, September 2, 2020
Cry the Beloved Country Movie versus Film Essay -- compare contrast
Cry, the Beloved Country is a moving story of the Zulu minister Stephen Kumalo and his child Absalom. They live in an Africa destroyed by racial strains and detest. It depends on a work of affection and expectation, fortitude, and continuance, and manages the poise of man. The writer lived and kicked the bucket (1992) in South Africa and was perhaps the best author of that nation. His different works incorporate Too Late the Phalarope, Ah, however Your Land Is Beautiful, and Tales from a Troubled Land. The book was made into a film featuring James Earl Jones and Richard Harris. The book takes you to South Africa, where the land itself is the pith of a man. It as though the mountains, taking off high over the mists, are the high minutes throughout everyday life, and the valleys are those low and enduring occasions. Next, you will take an excursion to a spot called Johannesburg. While perusing the pages, the peruser starts to imagine Johannesburg being a contaminated, exceptionally heartless, and hurried city. The setting is a greater amount of a passionate setting than a physical setting. As I expressed, it happens in South Africa, 1946. This is where racial separation is at an untouched high. The dark network of this land is attempting to break liberated from the white individuals, however having little achievement. It is this purported prejudice that is fundamental to the setting of the story. Without it, the book would not have as quite a bit of an effect as it does. This film, t he second adjustment of the book, has no place for scorn or outrage. Rather, its basic tone is one of a significant sorrow that the title alludes to. Taken in general, Paton's epic advances recuperating and comprehension, and it talks as effectively to crowds today as it did when it was first distributed, fifty years back. The book closes with a tone of ... ...ing message and give a passionate punch to rise to the book's reverberation, which would have most likely made a more drawn out film, yet added to the coherence if the film. Despite the fact that the film is moderate, it takes on astounding force from the poise of its exhibitions and the ethical quality of its thoughts. The book is a similar path aside from you are being taken care of a greater amount of the characters feeling through words than through pictures. Few out of every odd snapshot of the film is as powerful as the book (which is noted for entries of enthusiasm and energetic persuasiveness), yet as I said before defeats its own confinements to turn into a brilliant tribute to the functions of a confidence that doesn't visually impaired yet opens up the human soul (Douglas 25). Alan Paton's epic of politically-sanctioned racial segregation in 1940s South Africa gets a purified and excessively nostalgic treatment in this film, a touch of trivializing to the book's determined force.
Saturday, August 22, 2020
Cultural Values Reflection
Question: Portray about the Stereotypes and the delicacy of scholarly capability, inspiration, and self-idea? Answer: Presentation This reflection paper has been set up to clarify the importance of the familial culture and practices followed by dominant part of Indian families. There has been an extreme change in the family designs that was before followed in India. This has been fundamentally because of the financial improvement of the nation, and change the way of life of individuals and the relatives. Urban communities and towns have extended because of urbanization, which is known to be one of the central point that caused the significant changes in the nation. Industrialization has expanded the activity accessibility for the certified and untalented individuals in the nation. This has urged the families to move to another state to win job. In contrast to prior days, the two people work to help the costs of family, which has likewise changed the living style and familial patter of the Indian families. Social qualities Change in the monetary autonomy, word related versatility, and mission to gain more has urged ladies to work. This has contributed towards the adjustment in the example of living and the family way of life followed by dominant part of the individuals. Mechanical improvement has urged individuals to embrace and follow mainstream strategies for living their lives. A large number of the families currently receive hostile to conventionalism, which changes from the customary strategies followed by the relatives in rustic and urban conditions of the nation. Idea of present day families Present day families want to follow open class framework, which is related with high level of geological portability, which is being upheld by urbanization. During prior occasions, the status of Indian family was the most extreme significant factor. The families followed social qualities, which varied from one another. Association, amicability, family holding, and participation were a portion of the attributes of the Indian family. This changed over the timeframe, because of increment in the level of versatility. Present day family want to follow core family esteems, which was very not the same as the conventional strategy. Be that as it may, the social qualities and practices are as yet rehearsed by the relatives. One of the significant qualities of familial relationship is holding and sharing of the family esteems and societies with the up and coming age of the family. This is done to empower the new or cutting edge to follow the practices that were acquired by the relatives. Such factors increments and improves the family esteems and social practices. Occupation portability Increment in the interest for various sorts of occupations, and eagerness to investigate the open doors has urged the families to embrace and follow family unit design. In any case, the pertinence and significance of the family holding inside the family despite everything exists with the family unit. There are hardly any joint families that exist in the nation. Lion's share of the family are found in the provincial pieces of the nation. The framework is being disintegrated because of progress in the work example and expectations for everyday comforts of the families. There are confirmations which mirrors the connection between the normal amicability that excite because of industrialization and the other identified with matrimonial framework followed by the groups of the nation. Passionate qualities and fulfillment can be likewise connected with the modern framework that has been related with the expanding mechanical framework that is followed in the nation. Marital bonds are identified with the elements that causes passionate fulfillment among the Indian families in the nation. Indian families receive a powerful family esteem framework that can be related with the necessities of industrialization. Qualities and conventions The qualities and conventions about the family rehearses are instructed to the cutting edge in an exact and cautious trough. This aides in conveying forward the social practices that was trailed by the relatives for a very long time. Practices and estimations of the matrimonial family strategy are known as neo-neighborhood, which has a powerless systems administration framework. Because of this factor, it has not many or no obstructions during the time spent land portability design. Change in family esteem framework has been continually evolving. This has been added to different components like increment in the schools, inns, medical clinics, and numerous others. Such organizations assume a significant job in executing the exercises that is being performed by the families situated in country and urban regions. Be that as it may, the test looked by the relatives exists with the procedure followed for sharing qualities and social practices. The undertaking is accomplished by embracing and actualizing casual preparing process, which shows the more youthful age the procedure expected to be followed for improving the instructive qualities among the more youthful age. Practices and lessons have gotten very testing as there has been an expansion in the quantity of working spouses. The family unit errands have been shared, yet there is brief period that is accessible for the leaders of the family to impart to the relatives. The practices and desires for the more youthful age have radically changed. This has been a result of mission to know various things that are being seen around. There has been an interest for an expansion in the liberal qualities that has been caused because of an increment in the mechanical entrepreneur society. The adjustment in living example of the family direction process has influenced the estimations of family unit framework. There has been an adjustment in the relationship example and expectations for everyday comforts which has influenced the family framework followed in the nation. An expansion in the separation rates and current framework has influenced the school of contemplations of more youthful age. End There are various elements that have affected the conventional estimations of the familial social practices that were followed in the Indian culture. Such changes have been credited towards tan increment in the modernization and development of industrialization in India. The social qualities and practices in the nation have influenced the conventional practices that were trailed by lion's share of the families. Such changes have affected the expectations for everyday comforts and style of individuals and the Indian families. Changes has been actualized or presented inside the family rehearses for expanding the first qualities that was trailed by the individuals. Such changes have become an unavoidable piece of lion's share of the Indian families that want to follow atomic style of family. References Aronson, J., Steele, C. M. (2005). Generalizations and the delicacy of scholastic fitness, inspiration, and self-idea. In A. J. Elliott C. S. Dweck (Eds.), Handbook of capability and inspiration (392-413). New York London: Guilford Press. AyadiKafia and Bree Joel.( 2010).An ethnography of the exchange of food learning inside the family, Young Consumers, Vol 11, No 1, 67-76 Creeks Gunn, J., Markman, L. B. (2005). The commitment of child rearing to ethnic and racial holes in school availability. The Future of Children, 15, 139-168. Fryer, R. G., Torelli, P. (2010). An exact examination of acting white. Diary of Public Economics, 94(5-6), 380-396. Grolnick, W. S., Friendly, R. W., Bellas, V. M. (2009). Child rearing and childrens inspiration at school. In K. R. Wentzel A. Wigfield (Eds.), Handbook of inspiration at school, 279-300. New York London: Routledge. McLanahan, S. (2004). Veering fates: How youngsters are faring under the subsequent segment change. Demography, 41(4), 607-627. Animate, C., Brooks-Gunn, J., McLanahan, S. (eds.) (2005). School availability: Closing racial and ethnic holes: Introducing the issue. The eventual fate of kids, 15(1), 5-13 Tyson, K., Darity, W. A., Castellino, D. (2005). It is anything but a dark thing: Understanding the weight of acting white and different predicaments of high accomplishment. American Sociological Review, 70(4), 582-605. Williams Shanks, T. R., Destin, M. (2009). Parental desires and instructive results for youthful African American grown-ups: Do family resources matter? Race and Social Problems, 1, 27-35. Youthful, A., Johnson, G., Hawthorne, M., Pugh, J. (2011). Social indicators of scholarly inspiration and accomplishment: A self-deterministic methodology. Understudy Journal, 45(1), 151-63. Fryer, R. G., Torelli, P. (2010). An observational examination of acting white. Diary of Public Economics, 94(5-6), 380-396. Energize, C., Brooks-Gunn, J., McLanahan, S. (eds.) (2005). School preparation: Closing racial and ethnic holes: Introducing the issue. The eventual fate of youngsters, 15(1), 5-13 Streams Gunn, J., Markman, L. B. (2005). The commitment of child rearing to ethnic and racial holes in school preparation. The Future of Children, 15, 139-168. Aronson, J., Steele, C. M. (2005). Generalizations and the delicacy of scholarly capability, inspiration, and self-idea. In A. J. Elliott C. S. Dweck (Eds.), Handbook of fitness and inspiration (392-413). New York London: Guilford Press. McLanahan, S. (2004). Wandering fates: How kids are faring under the subsequent segment progress. Demography, 41(4), 607-627. Tyson, K., Darity, W. A., Castellino, D. (2005). It is anything but a dark thing: Understanding the weight of acting white and different difficulties of high accomplishment. American Sociological Review, 70(4), 582-605. Grolnick, W. S., Friendly, R. W., Bellas, V. M. (2009). Child rearing and childrens inspiration at school. In K. R. Wentzel A. Wigfield (Eds.), Handbook of inspiration at school, 279-300. New York London: Routledge Aronson, J., Steele, C. M. (2005). Generalizations and the delicacy of scholarly ability, inspiration, and self-idea. In A. J. Elliott C. S. Dweck (Eds.), Handbook of ability and inspiration (392-413). New York London: Guilford Press. Youthful, A., Johnson, G., Hawthorne, M., Pugh, J. (2011). Social indicators of scholarly inspiration and achieveme
Friday, August 21, 2020
Ray Huangââ¬â¢s book 1587: A Year of No Significance :: essays research papers
à à à à à The title of Ray Huangââ¬â¢s book 1587: A Year of No Significance: The Ming Dynasty Decline recommends that this book is a work dependent on a solitary year in which little happened. Be that as it may, in all actuality, Huangââ¬â¢s take a gander at the occasions of 1587 show the intricate functions of the initiative during the decrease of the Ming line, giving the peruser an understanding into the cultural structure, the legislative procedure, and the mix-ups that happened deliberately to upgrade the movement towards the apparently unavoidable defeat. In spite of the fact that nothing of chronicled importance happened during the year 1587, Huang can exhibit the manner by which the current culture and the littler, increasingly efficient components of political administration can be comprehended inside the setting of an apparently immaterial timeframe. à à à à à Chapter 1: The Wan-Li Emperor, starts by clarifying the significant reason of the work: The idea of taking a gander at a solitary year throughout the entire existence of the authority of China and assessing the suggestions for understanding different parts of history, including the decay of the Ming Dynasty. In this underlying part, Huang gives a narrative history of a portion of the occasions that happened, and incorporates inside it a conversation of the set up of the authority, the repercussions that happened in case of specific activities, including the possibilities of a group of people with the head. Huang audits these issues as he thinks about that activities taken by the Wan-li head, who was just twenty-four out of 1587 and who had been a veteran of stately procedures, and thinks about his history as a component of understanding the movement of initiative. à à à à à Huang blueprints to remaking of the court under Wan-li came into power at the demise of his dad and the apparently irrelevant activities taken by the sovereign, from his union with the redesigning of the court. Inside the extent of this talk, Huang can uncover the abundances of the sovereign, and consider the ramifications of the bureaucratic framework that he conceived as an expansion of this overabundance (13).
Tuesday, May 26, 2020
World War I Influence on Interwar Military Innovation - 275 Words
World War I Influence on Interwar Military Innovation (Research Paper Sample) Content: World War I Influence on Interwar Military InnovationAt the time the West started its ascension to global domination and power in the sixteenth century, military institutions and organizations played a pivotal role in its impetus to supremacy. Contemporary historical work gives the suggestion that the military structure of the West has gone through repeated periods of innovation starting at the onset of the fourteenth century and prevailing on to the present and that these sorts of periods have given rise to general and significant changes to the simple nature of combat and the establishments that fight. The military account of the twentieth century demonstrates that this configuration has prevailed uninterrupted aside from the aspect that key innovations have been deteriorating as the intricacy of innovation has progressively advanced. Military innovation does not take place in a setting that lacks politics. The military institutions of nations such as France, Brita in, and Germany subsisted within dissimilar political and strategic settings despite the fact that they were adjacent to each other. In addition, their experiences were noticeably dissimilar in the decades taken into account. On one hand, the 1920s was a period that was comparatively peaceful whereas the 1930s decade was a period of increasing pressure. Nonetheless, owing to the defeat it endured during the First World War, the German armed forces felt that it had a clear directive to prepare for a war whereas the British army never got any proper command from its government up until 1939 to ready itself for such an event.[Murray, Williamson R., and Allan R. Millett, eds.Military innovation in the interwar period. Cambridge: Cambridge University Press, 1998.] There is no key army that went in to the Second World War with the similar policy and weaponries that it had employed two decades before. In the course of the interwar period, a great deal of the trained soldiers acknowledged t hat a magnitude of change was essential if they wanted to have better performances in battlefield tasks of infiltration and utilization that had been demonstrated to be challenging in the course of World War I. Nonetheless, armies significantly varied in their resolutions to these issues. Every arm was faced with a range of prospective changes, a sequence of magnitude of modernization between two dissipations. In numerous instances, the choice was ascertained by social, economic, and political factors more than by the strategic and calculated ideas of senior officers.[House, Jonathan M.Toward combined arms warfare: A survey of 20th-Century tactics, doctrine, and organization. ARMY COMMAND AND GENERAL STAFF COLL FORT LEAVENWORTH KS COMBAT STUDIES INST, 1984.] A key illustration of the impact of World War I on interwar military innovation is the reaction of the German army to losing the allies who consisted of the United States, Britain, and France. In particular, the Germans fashione d and advanced a ground-breaking tactic to war, one that lay emphasis on operation and reinforced war as a way of evading the tactical and political significances of their downfall in 1918. The Germans appeared to have advanced a much more remarkable inclination and capability to adapt to change. To begin with, the Germans had an overall staff component whose key function was to analyze the necessity for change, and when change was decided on, to put together the essential programs to make it happen. There subsisted a long-standing and entrenched structure for assessing the need for altering policy. Second, the German nonconformists were all products of the extremely arduous and difficult officer selection and training system distinctive of the German army up until the present day. In addition, education rendered to them was similar and in the similar schools, which implies that convincing reasoning to one individual was similar to all this making consensus simpler. In addition, the key initiators of reform endured for years in positions associated to carrying out of the changes they adopted. Change was additionally expedited owing to the senior leadership, to take account of most significantly Hitler himself, was fast to take hold of the strategic benefits Germany could gain over its prospective adversaries by altering the basic constituents of its military system.[Gabel, Christopher R. The U.S. Army GHQ Maneuvers of 1941. Washington, DC: Center of Military History, US Army, 1992.] [Starry, Don. A. To Change an Army. US Army Command and General Staff School.] Technology also influenced military transformation in different ways. For starters, fast paced and significant changes in technologies made governments even more unenthusiastic in capitalize on prevailing designs that would quickly become outdated. Secondly, it was more often than not challenging to ascertain precisely how this new technology influenced the strategies of 1918. Equipment intended to achie ve these strategies might be inappropriate for dissimilar functions and concepts, whereas new designs appeared devoid of suitable strategic concepts to go along with them. In addition, motorization delineates the utilization of motor vehicles that are not purposed to go into war, but which may enhance logistics and freedom of movement off the battleground. No country in the world could come up with the money for complete mechanization in this regard, but all militaries made some waves in the direction of motorization. Without a doubt, there was just about no choice regarding the issue. Before World War I, all depended on a group of civilian horses as transportation in the event of combat. However, with the upsurge of motor vehicles in the course of the 1920s, this source of civilian animals deteriorated to the extent that armed forces had to base their transportation scheduling on motor vehicles. As a result, motorization was every so often perceived as a simpler, inexpensive, less revolutionary transformation as compared to mechanization. NOTEREF _Ref497712312 \f \h 2Moreover, the experiences of the armed forces of Germany, France and Britain in the development of conceptions of armored warfare in the two decades in t...
Saturday, May 16, 2020
The Tragedy Of Julius Caesar - 1043 Words
William Shakespeare, widely regarded as the greatest writer of all time, revealed critical opinions about the events during his time period in his plays. In one of Shakespeareââ¬â¢s greatest works, Julius Caesar, he illustrated the tragedy of Caesar back in ancient Rome in 44 B.C. While Brutus and Cassius acted as conspirators, or the antagonists, they planned the assassination of Caesar. Deciding wrongly on doing for the good of Rome, Brutus indeed paid his good intentions. Assuredly, Brutusââ¬â¢s three fatal mistakes could be listed in order as he joined the conspiracy, rejected killing Antony, and insisted his army must march to Philippi led to the downfall of himself. After coming back to Rome from triumphing over a battle, Julius Caesarâ⬠¦show more contentâ⬠¦Unknowingly, Brutus performed his first mistake when joining the conspiracy. Cassius tried to insert some assumptions on Brutus in order to make him turn against Caesar, Why, man, he doth bestride the narrow worldâ⬠¦. To find ourselves dishonorable gravesâ⬠¦. what should be in that ââ¬Å"Caesarâ⬠?/ Why should that name be sounded more than yoursâ⬠¦. That he is grown so greatâ⬠¦. There was a Brutus once that would have brooked/ Th eternal devil to keep his state in Rome/ As easily as a king. (1.2.136-162) By suggesting Caesar appeared as ordinary as themselves, Cassius pointed out to Brutus that Caesar should not hold great power any longer. Provoked by what Cassius had said, Brutus promised him that he would think about the matter of Caesar. Moreover, Cassius exclaimed their actions would simply be based on the good of Rome and indirectly influenced Brutus, a man who loved honor more than anything else, Till then, think of the world./ Well, Brutus, thou art nobleâ⬠¦. Caesar doth bear me hard, but he loves Brutusâ⬠¦. That Rome holds of his name, wherein obscurely/ Caesarââ¬â¢s ambition shall be glancà ¨d atâ⬠¦. For we will shake him, or worse days endure. (1.2.303-318) Cassius took advantage of Brutusââ¬â¢s personality and set up a plot to make Brutus stand at his side. On a thundering and stormy evening, Brutus vacillated between choosing his friend or his country. ââ¬Å"It must be by his death, and for my
Wednesday, May 6, 2020
The Great Depression Fashion - 608 Words
During the 1930s when the Great Depression took place, fewer people were sewing to make their own clothing and it started to switch to clothes ready to wear when bought. Because of the stock market crash, the clothing manufacturers had to look for ways to conserve money and still put out product. They started going to cheaper materials to create clothing and cheaper ways to make the clothing. Though not everyone was able to buy clothes and would just reuse material they had at home. There were many hand-me down clothing for the children and people would sew their old shirts to make underwear. Farmers would use their big sacks of flour or the sacks of livestock food to re-create them into dresses for the girls. People during the depression were either making their own clothes from old materials or if they had enough money the could go out and buy new clothes but were made from cheaper material. The poor people during the depression wore very simple clothes that were often their old cl othes before the depression. If there was a problem with their clothes, they would patch up their clothing with old socks or any material they could get their hands on. Even though there was not a huge market for new clothing, there were still fashion designs that were popular for those who can afford it. 1There were still fashion magazines being put out for women during the depression and thatââ¬â¢s how people got their information on the latest fashions. The clothing for women was simple andShow MoreRelatedThe Great Depression Influenced Women s Fashion1261 Words à |à 6 Pagessuits for women were like dresses and stockings. The 1920s also had some gender roles which caused companies grew larger and wages increased and new things were able to be bought. (Arrested for Bathing Suits). In the 1930s the Great Depression influenced womenââ¬â¢s fashion because they needed to save money and they had to reuse a fair amount of materials from their old clothes. The 1930s also had gender roles, most people were employed but they were not the best jobs. They had low paying jobs. TheRead MoreWomen s Roles During The Great Depression1413 Words à |à 6 PagesTo what extent did white womenââ¬â¢s social roles change from the 1920s to the Great Depression when employment and income decreased nationwide? A. Plan of Investigation The Great Depression devastated the United States, and remains the worst depression ever experienced by the nation. During the ââ¬Å"Roaring Twentiesâ⬠when the economy was thriving in the United States, women took the opportunity to improve their social statuses through enlightenment, but as this period came to an end womenââ¬â¢s social rolesRead MoreCulture during the 20s-40s: Great Gatsby1365 Words à |à 6 PagesHistory has shown that music, dance and fashion have a great affect on society and culture. Iconic artists and performers, and particular events during these decades influenced many rebellious outbreaks going against societal norms. The ââ¬Å"Roaring 20sâ⬠(1920-30), had a major impact on adolescent behavior in America, starting in New Orleans, moving into Chicago and later, New York City. Throughout the 1930s-1940s a new adolescent culture emerged, influenced by early upheavals during the 1920s. TheRead MoreStyles Of Fashion1732 Words à |à 7 Pagesmovie Greece. Pants were very much fitted during this era and had a saving grace for men in a multitude of ways, a zipper (Marketti and Angstman, 2013, Marketti and Tortora, 2015, Riding, 2013, Young and Young, 2012, and 1930s Fashion for Men: Style Shaped by the Great Depression, 2015). Men could be seen wearing shoes, called brogues, with the same basic colors or combination of colors that their suits reflected and are an influence to shoes called loafers that many men sport today. Men also sportedRead MoreRoaring Twenties in American Society After World War I. Essay645 Words à |à 3 Pagesflappers (Roaring). Americans were introduced to new fashion styles, the prohibition and the Jazz Age (Fashion, Jazz). Controversy proved to be very prominent with the Scopes Trial (Scopes). As the war came to a close, the Roaring Twenties made its way into America. This time period brought many changes that were new to Americans. Fashion changed from the traditional Gibson Girl to the controversial flappers (Rosenberg). The Gibson Girl was a fashion trend popular before World War I. Women who supportedRead MoreThe Great Depression Of The 1920 S1706 Words à |à 7 Pagesa farm. The nationââ¬â¢s wealth doubled throughout the roaring twenties, and lead the Stock Market Crash of 1929 where the Great Depression followed after this time period. This time period was known as a noisy period categorized by fast changing lifestyles, final extravagances, and the technological progress. This era made a big impact on the fashion world, especially womenââ¬â¢s fashion, hairstyles, and jewelry. After the World War I the senate refused to ratify the Versailles Peace Treaty, which is theRead MoreFashion of Roaring Twenties and the Sixties1527 Words à |à 7 PagesFashion of the Roaring Twenties and The Sixties Fashion is the style prevalent at a given time. It usually refers to costume or clothing style. Everybody has to wear clothes, making fashion a part of everyday life. The way someone dresses says a lot about his or her personality, age, culture and experience. At times of economic or social change, fashion often changed. The 1920s and the 1960s are big eras were economic and social change were happening. They are both largely known for their fashionRead MoreLifestyles of the Rich and Famous in the Roaring Twenties Essay1015 Words à |à 5 PagesThe 1920ââ¬â¢s were a decade of parties, money, and extravagant lifestyles. The decade portrayed the American Dream of women, money, alcohol, music, and partying. In the twenties dresses were shorter, alcohol was illegal, and parties were a given. New fashion trends and music, infamous and dignified names, and unforgettable scandals are what remain of the extravagant post WWI decade. If you were alive during the decade you knew where to b uy alcohol and how to do the Charleston. New automobiles made theRead MoreFashion Styles Of The 1920s1689 Words à |à 7 Pages Have you ever wondered what fashion looked like back in the 1930s and how different it might be from the styles that are around today? Do you ever wonder what the clothing looked like for men and women and how they accessorized? Clothing for both men and women back then was very sharp and elegant looking. There were a variety of clothes and accessories to be worn both during the day and night by everyone. In the 1930s, there were many ideas, icons, and styles that all contributed to the varietyRead MoreGlobal Effects Of The Great Depression Essay1099 Words à |à 5 PagesGrace Young Dr. John R. Dabrowski American History II, AMH-2020-H01 7 December 2016 Global Effects of the Great Depression When the American stock market crashed on the infamous Black Tuesday in October 1929, the resulting circumstances were felt worldwide. This crisis resulted in a devastating economic collapse. The ensuing Great Depression was in fact a global event. The world was not immediately engulfed by this wave of economic decline. The timing of economic events varied greatly among nations
Tuesday, May 5, 2020
Reflection for Electrocomponents Plc
Question: Discuss about the Reflection for Electrocomponents Plc. Answer: Introduction Electrocomponents Plc. is a British-based distributor of electronics, automation and control components, engineering tools and consumables. The company is a mid-size company with close to 6000 employees. It was established in the year 1937 as Radio spares selling spare parts for radios. The company has an annual revenue of GBP 1291 Million and its operating income is GBP 40 million. The objective of this paper is to discuss the financial position of the company. The paper would assess the company position as portrayed by journalists and other financial reports in the media. The paper would also evaluate the corporate governance of the company and it would also discuss the investment opportunity in Electrocomponents Plc. There are various factors that could define the stock position and the share price of the company. These factors could be internal and external in nature (Acharya, 2013). The internal factors would include the internal strength of the company, the available cash flow with the company, the employee strength and capabilities of the company, etc. The external factors would be the factors like competitive position of the company, level of competition in the market, the factors like political, legal, economic, social, technological, etc. Generally, the combination of internal and external factors would determine the stock market presence of any firm. Critical Reflection on Electrocomponents Plc The initial research suggests that Electrocomponents Plc. is a good company to invest. The current trading price of the company is close to 440 GBX. The company has seen a good surge in its share price. In the previous quarter (Sept, 2016), the company was trading at close to 380 GBX. However, the stock price of the company took a dip in the Sept quarter of 2015 (McCahery, 2016). That was the time, when the stock of the company was trading at 180 GBX. It can be said that the company has a good reputation in the market. Different firms, journalists and media has provided a good rating to the company. This is one of the reasons that the investor confidence is maintained in the firm and the company is doing good (Oscroft, 2016). It is expected that Electrocomponents Plc. would continue to be profitable and the investors would continue to get dividends from their shares. The good thing for Electrocomponents Plc is that it has a clean image in the market and this is its biggest advantage. The three-year stock chart of the company can be shown as: I believe that the share price of Electrocomponents Plc can increase further. The market sentiment is good and there are not any serious signs of global recession (Chester, 2016). Therefore, it is expected that the share price of Electrocomponents Plc would strengthen further. I personally believe that the market condition of the company would also depend on the leadership skills exhibit by the top leaders of the company. I believe that a leader should create a mission and vision statement according to their beliefs, moral, values, and standards. I also believe that as a leader you have must lead with compassion and humanity which will help create a vision and mission statement that is centred around how you want others to treat you and how you treat others. Corporate Governance of Electrocomponents Plc Simply defined, Corporate governance is the system of rules, practices and processes by which a company is directed and controlled. Corporate governance essentially involves balancing the interests of a company's many stakeholders, such as shareholders, management, customers, suppliers, financiers, government and the community. The corporate governance framework of Electrocomponents Plc can be shown as: It would be correct to say that corporate governance is an important function for the mid-size and large organizations. In fact, the focus on corporate governance enables the organizations to get closer to customers, end consumers, investors and society at large (Westphal, 2013). Corporate Governance Vision will provide a guide as to what the organization aspires to be and the mission will provide the road map as to why the company actually exists. Another element is to identify the organizations core values. When all these are in place then the next step is to identify the action plan which will help lead into achieving the goals. Then there is evaluation and assessing of the process to ensure to ensure that the plan is being fulfilled. Another key element, which I believe has to be met for any type of organization to be successful, is communication. Communication Strategy is very essential in the sense that there must be a good flow of information on development, on who is being in volved with planning, how are they being involved and how to they communicate with the rest of the stakeholders involved (Erkens Hung, 2012). The key strengths and weaknesses of the corporate governance of Electrocomponents Plc can be discussed as: Strengths: The management of Electrocomponents Plc keeps various internal and external stakeholders involved. For example, customers are invited on the annual day and the feedback from customers is collected. Weaknesses The company has limited focus on sustainable development practices. The company should increase its focus on sustainability and CSR practices. Current Market analysis: Electrocomponents Plc. The company is doing well in the current market environment. The snapshot of the current market analysis of Electrocomponents Plc. can be shown as: Source: https://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary/GB0003096442GBGBXSTMM.html The share price of the company is stable. A lot of investors have invested in the company with the expectations that the share price would increase in the future. It is expected that the share price would increase but it cannot be said with complete certainty that the share price would increase (Claessens, 2013). The company is continuously making profits in the last few years and the future of the company looks bright. Therefore, it could be the right time for the investors to invest in the company. The company has a PE ratio of 19.60 and this is a good PE ratio (Denis, 2016). This is another reason for investors to invest in the company. In the tear 2012, the PE ratio of the company was close to 12.5 and therefore it can be said that the company has made huge improvements in its PE ratio. A snapshot of the performance of the company in previous years can be shown as: The above income statement looks attractive and this is the reason that people should continue their investment in the company. Source: https://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary/GB0003096442GBGBXSTMM.html Conclusion The above paper discusses the financial position of Electrocomponents Plc. With the above discussion it can be said that the company is doing good and it would a good time to buy the stock of Electrocomponents Plc. Usually, there are two types of investors. The first type of investors would invest when the market is down so that they can get good returns on the investment (McConnell, 2016). The second type of investors would have a systematic investment plan who would invest at regular time interval without thinking much about the stock index. The second type of investors is the retail investor who would want to play safe. The stock of Electrocomponents Plc. Is a safe stock and retail investors can easily invest in the companys stock. The underlying assumption is that the stock price would increase in the long term. It is recommended that the investors should invest in the stock price of Electrocomponents Plc. with a long-term time horizon. The short-term investment is generally risk y and the investors may not get good returns in short-term. References Acharya, V.V., Gottschalg, O.F., Hahn, M. and Kehoe, C., 2013. Corporate governance and value creation: Evidence from private equity.Review of Financial Studies,26(2), pp.368-402. Chester, A. G. 2016. Should You Buy Blinkx Plc, Electrocomponents plc And Sareum Holdings Plc On Todays News? Retrieved from: https://www.fool.co.uk/investing/2016/04/05/should-you-buy-blinkx-plc-electrocomponents-plc-and-sareum-holdings-plc-on-todays-news/ Claessens, S. and Yurtoglu, B.B., 2013. Corporate governance in emerging markets: A survey.Emerging markets review,15, pp.1-33. Denis, D., 2016. Corporate Governance and the Goal of the Firm: In Defense of Shareholder Wealth Maximization.Financial Review,51(4), pp.467-480. Erkens, D. H., Hung, M., Matos, P. (2012). Corporate governance in the 20072008 financial crisis: Evidence from financial institutions worldwide.Journal of Corporate Finance,18(2), 389-411. McCahery, J.A., Sautner, Z. and Starks, L.T., 2016. Behind the scenes: The corporate governance preferences of institutional investors.The Journal of Finance. McConnell, J.J. and Qi, Q., 2016. Just Talk? CEO Succession Plan Disclosure, Corporate Governance and Firm Value. Oscroft A. 2016. Should you buy Electrocomponents plc after earnings soar?. Retrieved from: https://www.fool.co.uk/investing/2016/11/18/should-you-buy-electrocomponents-plc-after-earnings-soar/ Westphal, J.D. and Zajac, E.J., 2013. A behavioral theory of corporate governance: Explicating the mechanisms of socially situated and socially constituted agency.The Academy of Management Annals,7(1), pp.607-661.
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