Wednesday, September 4, 2019
Essay examples --
The truth about Wicca Wicca, commonly known as the ââ¬Å"Craftâ⬠or ââ¬Å"Old Waysâ⬠is an expression used to describe various traditions of contemporary Paganism, an earth-centered religion that shows a substantial amount of respect for nature; celebrating the changes in the season and lunar cycles (Mankiller, Wicca); As stated by Morrison Wicca celebrates, ââ¬Å"the beauty of the moon, the stars, and the sun (5)â⬠; and the worshipping of the deities (Morrison, 2001). Those who follow the path of Wicca are usually referred to as ââ¬Å"Witchesâ⬠or ââ¬Å"Wiccansâ⬠derived from the Anglo-Saxon term wicce, which can be translated as ââ¬Å"Sorceressâ⬠or ââ¬Å"Wise Oneâ⬠(Morrison, 2001), they are nothing like the witches seen in modern media (Mankiller, Wicca). Throughout History Wicca has been depicted as a Satanist related religion, leading to mass persecution of those who adhere to its principles (as seen in the Salem Witch Trials); few truly fathom the Wiccan f aith. The real truth about Wicca is that, it is a religion centered on the theology of the deities in form of the Patron Goddess and God, it is a matriarchal religion, with varying traditions and religious branches, that doesnââ¬â¢t believe in predestination, and has basic tenets that must be followed. Wicca, like many fellow Pagan traditions, focuses on the beliefs of the deities that all share a different, yet common purpose in the universe-to keep balance and harmony in the world. Wicca, unlike other religions, categorizes the divine; honoring the Goddess in form of the Triple Goddess of sometimes referred to as the Patron Goddess, whose aspects are the Maiden, Mother, Crone; representing the three phases of the moon: Waxing, Waning, Full Moon, and Dark Moon (Morrison, 2001). In form of the Maiden, as stated by M... ...f empowerment; making the religion commonly depicted as a Matriarchal religion. Those of the Wiccan faith, also choose not to believe in predestinations because they see everyone as having control their own lives, and destinyââ¬â¢s, depending upon their actions. The most crucial point to the Wiccan faith is the basic, principles that must be followed; which includes the threefold law that states anything they do whether- good or bad- will come back to you times three; then there is the Wiccan Rede that is the outline of the Wiccan faith; to practice Wicca as you will, but to harm none in the process. Wicca has had a long history of being seen as an evil and unkindly religion; hopefully, it can now be recognized by the public that Wicca is actually a peaceful and natured centered religion that neither contains Devil worshipers nor blasphemes against the Christian faith.
Tuesday, September 3, 2019
Holocaust :: essays research papers
à à à à à The Holocaust was a tragic event that ended many Jewish lives. The Nazis murdered over 6 million innocent Jews. They tortured so many of them leaving the few Holocaust survivors with horrid memories. à à à à à Propaganda played a huge role and affected many peopleââ¬â¢s thinking during this time period. The propaganda was designed to influence the targeted peopleââ¬â¢s opinions, beliefs, and emotions. Joseph Paul Goebbelââ¬â¢s was the German national socialist propagandist. He had complete control over radio, press, cinema, and theater. What the propagandist preached may have been either true or false. They did whatever it took to sway the people to believe their ideas. They wanted people to think that their way was right. à à à à à The Naziââ¬â¢s were known for using terms that had literal and actual meaning in their propagandized language. Their thoughts were hammered into peopleââ¬â¢s brains so they soon became unconsciously thinking the way the Naziââ¬â¢s did. The propagandist had rules like our 10 Commandments. The first three were to divide and conquer, tell the people what they want, and the bigger the lie, the more people will believe it. (www.primenet.com/~popgnda/goebbels.htm) à à à à à Like I stated earlier, propaganda was used to sway the ideas and minds of Jews, just like the hoax that took place at Theresienstadt. Theresienstadt was a ghetto concentration camp. It was located in todayââ¬â¢s Czech Republic. It was suppose to be the ââ¬Å"model ghettoâ⬠for the Red Cross. There were rumors about this killing center so the Nazis arranged a hoax. A lot was done to this ghetto; a cafà © was created, a childrenââ¬â¢s opera was performed, a monument was built to honor the dead.
Monday, September 2, 2019
Essay --
The Creeds of the church were key parts of the origins of the church. They lay the foundation for the first years of the church in order to accomplish the mission given to the Apostles by Jesus. Two of these creeds were the Apostles Creed and the Nicene Creed. Culture during that time period was key to the layout of these creeds and the messages they set. A creed was an early statement of Christian beliefs, and a symbol for others to follow by. There were numerous cultures and needs that led to the ultimate development and writing of the creeds, which are still used for their original purpose today. One of these needs was for the church to have a basic statement of beliefs, which was accomplished by the Apostles creed. Early Christians knew that people needed to have an understanding of what they believed in that wasnââ¬â¢t requiring a lot of research. Cultures of the people and the time period also had a great influence on the creation of these creeds. They needed a way to sprea d the word of Christ to all people, in a time period where we didnââ¬â¢t have the technology and communication options that we have today. A combination of the churches basic needs for success and the fact that the word needed to be spread were two of the leading causes in the creations of these creeds. One of the most important reasons that led to the creation of the church was the essential need of the early church to have a document which listed the basic beliefs and practices of the Catholic Church. This was created by the authority of the church, the apostles appointed by Christ to lead the church. They had to find a way to spread the church of God, and these creeds provided a method to complete this task. None of the churches at the time had all books tha... ...hrist, along with making sure everyone in the Church understood the basic beliefs of the Catholic Church. The creeds provided both of these, as they clearly stated what things the Catholic Church supported and instructions for its followers. These were vitally important to the success of the Church. Now, there was a set list of things that every catholic person could look to if they began to lose sight of their faith in the Catholic beliefs. They also served as an effective method of communicating the ideas of God to all cultures, allowing the word of God to be communicated to people of many different cultures and beliefs. The languages they were written in were widely spoken in that time period; therefore many could understand it without needing a translator. This allowed the Creeds to spread the word to the entire world, just as Jesus instructed the apostles to.
Sunday, September 1, 2019
How to hack crack email account password Essay
Email Password Hacking or cracking is the process of recovering passwords from data that has been stored in or transmitted by a computer system.The use of passwords goes back to ancient times. Sentries guarding a location would challenge for a password or watchword. We Know how to defeat sentries or bypass them. Records of Email ââ¬â Records of Instant Messages and Chatroom Conversations ââ¬â MSN Messenger ââ¬â Yahoo Messenger ââ¬â ICQ ââ¬â AOL Instant Messenger ââ¬â Plus various chat rooms! Records of Web Sites Visited ââ¬â URL visited ââ¬â Date and Time the web page was first viewed Screenshots from the targeted computer And MUCH MORE ââ¬Å"Iââ¬â¢ve been suspecting my husband has been having an internet affair for 4 years now. After using your secrets I discovered he has been having numerous online relationships with many women! He even had the photos stored on his emailâ⬠ââ¬â Michelle S, Birmingham, AL(itââ¬â¢s a comment from one of our client) Many passwords can be guessed either by humans or by sophisticated crackingprograms armed with dictionaries and the userââ¬â¢s personal information.If still can`t get the password you are looking for then turn toà us, rest we will do and find/hack/legitimate/recover that password for just 150$ and you need to pay only after when you are satisfied. In one survey of MySpace passwords which had been phished, 3.8 percent of passwords were a single word found in a dictionary, and another 12 percent were a word plus a final digit; two-thirds of the time that digit was 1
Saturday, August 31, 2019
Growing Acme Fireworks Essay
There is much to consider when expanding a business. How will you make, market, and distribute your product. Are you willing to take full liability for your product and understanding the legalities of what happens if your product is defective? Once that has been established, itââ¬â¢s important to make sure that your business dealings are in order. The strength of the contract and what all it entails. Knowing that the legal document is important more so when things tend to go downhill. Above all is deciding which type of business entity the company will select especially if the company starts out small and looks to expand. Which entity will best serve the growth of the company such as Acme Fireworks? Some years ago I watched a movie called fight club. The movie dealt with a ton of social issues. One of the characters worked for a car company that would fly out their employers out to the areas where there were car accidents. They worked almost as an insurance adjuster that would com e and appraise a vehicle once it has been in a wreck and determine, based on the damages how much they would award the car owner. However in the case here the employees would view accidents all over the country and decide if it would cost more to recall the product or pay the total fee for the said accident. If the cost was too much to do a recall then the company would take responsibility for the accident if a law suit is brought forth, however if it is cheaper to recall then the necessary actions would be taken to recall the malfunctioned part. Knowing this it is important that we label the products and its proper uses so if there is an issue then it can be said that the manufacture warned the consumer. In this way, any injury would not be the fault of Acme Fireworks, but the consumer. Just as the example with the cars above, if someone lights a firecracker in a closet and the firecracker goes off and injures the person then the company is not liable being that it is neglectà on the part of the consumer (Rogers, 2012). Now if the same individual uses the firework outside in an open area as is stated on the label and they light the firecracker and it goes off in their hand as soon as the fuse is lit, then that is negligence on behalf of Acme. It must be understood that regardless of the product used, all products have the potential to cause consumer harm (Anthony, 1995). So that is why it is important to make sure everything from the development of the fireworks to the warning labels have been gone over to make sure that the product is not faulty. If a fuse is too short in a product or if the material used to cause the firecracker to explode is too much then that is a defectively manufactured product. Another issue could also be the type of firework that is made. Letââ¬â¢s say for instance that one of the products has the tendency to go off in extreme temperatures and is purchased and placed in areas of storage when the temperatures extreme then that is negligence on the consumer, however if the consumer was not made aware of this by the manufacture then the liability falls to the company. I recall about three years ago when I was in a car accident. Our brakes that we had from the car company had been recalled. We were sent notices in the mail, phone, and email about the recall and were told to bring our vehicle in to make sure the brakes were not faulty and if they were they could be fixed free of charge. The deadline came and went a after it expired I was in a car wreck. I was making a turn in the rain and slammed my brakes and they were locked. I had the repair work done on the vehicle and was told that the brakes were faulty. I informed the dealership of the issue and was told that the company was no longer liable because the deadline had passed. I was outraged and wanted to file a lawsuit against the company, however there are deadlines and limitations to when a suit can be filed and in the state of Georgia, you have up to a year to file such claim. I missed it by 3 months and was unable to file suit against the manufacturer (Day, 2014). Another import issues are the contracts. There are 5 basic elements to a contract: Offer, acceptance, Consideration, Legality and Capacity (Rogers, 2012). Other retailers stated to the owner of Acme Fireworks that they wanted a certain amount of orders filled on a regular bases for an undisclosed time frame and a price was agreed upon, this is the acceptance and offer portion of the contract. The offeror, which in this case are the large retailers, makes an offer which once accepted byà Acme Fireworks, creates a binding contract. Acceptance must be in some way agreed b y all participants; it may be verbal, symbolical, oral or written. The came from the retailers, they had a want from Acme to manufacture a product for them at a certain cost (Stim, 2010). Consideration is another element of a contract and what consideration brings to the table ask the whys and whatââ¬â¢s: Why are we entering the contract and are you receiving? In this case Acme gets more money by being able to produce its products and grow their brand and the other retailers receive fireworks from Acme. However in this instance the owner of Acme may have taken on a task bigger than himself. This is a company with only 15 workers and to fill the orders with the new retailers, more employees need to be hired. Not only do they need to be hired, but they need to be trained as well. This must be done while filling out the orders. Here there is not much consideration given by the owner. How many employees do we need, how much will the work flow increase, and how long will we have a contract with the other retailers. No time period was given for the contract. Will this just be one order or is this something that will go on annually. What happen if the orders are not filled on a timely manner is the contract then void? Another question to ask is the capacity and legality of a contract. Capacity to contract means the legal competence of a person to enter into a valid contract. Usually the capacity to contract refers to the capacity to enter into a legal agreement and the competence to perfor m some act. The basic element to enter into a valid contract is that s/he much has a sound mind. Recently there was an issue with an owner of the L.A. Clippers making comments about minorities. The group of owners in the league wanted him to sell his team. He didnââ¬â¢t want to sell and wanted to fight it, however it came out that he does not have the mental faculties to run the organization or make business decision so that responsibility was given to his wife. It came out that he has dementia, but he is fighting this claim as well. Once it is established if he can mentally make these decisions then the wife will not be able to go into discussions to purchase the franchise legally. Acme has 15 full time employees as it stands now. This is without the orders for the new retailers. What we know is that the owner guaranteed that we can take on more business, not considering the staff that we currently have. For the orders to be filled we would have to take on more labor force. Before thisà can be done we have to first consider what we have now. We currently have 15 people employed by Acme, to fill the new orders; do we take on double or triple the size? If we do take on more people, would it be something on permanent or temporary ba ses? Employment is very important when business is involved. There are many things to consider when a workforce is involved. When it comes with dealing with explosives it is important that we consider finding individuals who have experience with working with explosives and are well trained as well. This will cost more money for the company when it comes to hiring individuals that are trained to handle explosives. So these canââ¬â¢t be regular workers that one can find at a temp agency. However, we do not know how long to hire these individuals because there is no clarity as to the length of the contract, so the types of workers that we would have to hire would have to come through labor force agencies (Smith, V., & Neuwirth, E.B., 2009). The great thing about a temp agency is the large pool of people that they have to choose from. There are times when many corporations view temp agency workers as people who are unskilled, however with the types of agencies that are around today, they can find highly skilled individuals that many companies w ould be hard pressed to do, being that they would have to exhaust many resources to do so. It has to be understood that this business started out of a garage a couple years ago and is now grown into a company that employees 15 people on staff. Now with the new revenue that will come into the company, Acme Fireworks will have to expand. Acme is a sole proprietorship owned by one individual. This is the simplest organization structure to have. There is less paperwork as well as the tax implications. If there is a loss for that year you can use this loss to offset your other income on your personal return (Fishman, 2014). Though operating as a sole proprietorship is easier, it can also have some setbacks as well. The main problem is that thereââ¬â¢s no separation between the individual and the business with the sole proprietorship. That means that if something should happen in the business, like taking on huge contracts with no clear time line and limited planning and staff, youââ¬â¢d be personally liable. For example, if Acme Fireworks business is ever sued or runs int o financial trouble, the owner would be personally on the hook and creditors and lawsuits can come after yourà personal assets. That is an issue because if the company profits go to offset the debt, there is little to no money to run the company properly, expand, or take care of the employees. This is just one of the many things to consider when changing your business entity as well as deciding on what is best for the company as a whole. Acme Fireworks started out of a garage, like most businesses it is difficult to raise capital or arranging long term financing because of fewer assets. Also there is one voice and one view which can scare big business opportunities away. This is why a Sole Proprietorship for the future of Acme Fireworks would not be feasible. Being in this type of entity makes it hard to expand. To grow and expand a company needs a formal business structure. So the choice is which entity to choose? With such an undertaking in such a short time, the risk would cause a sole owner to want to form an LLC or incorporate his or her business. In the case of Acme Fireworks, it would be best to change the business entity to a corporation. With the promise of product to these new large retailers, Acme Fireworks would need more capital to grow the business as well as purchase the necessary material to make sure the new orders are able to fill as well as fulfilling previous obligations to the other retailers that we have business with. Choosing this entity protects the owner from legal liability, gives the ability to attract more investors through stocks, and has more structure where there is not just one voice for the business. The juxtaposition to this is the tax liability and the time and how much it cost to incorporate, unlike a sole proprietorship, incorporating a business takes much more paperwork, as well as feeââ¬â¢s that need to be paid to the state the business is in. One of the silver linings for the employees is that even if something happens to the owner, or if he or she retires, the corporation will still be i n tact unlike sole proprietorships. There are many things to consider when it comes to running a company, expanding it, and watching it flourish. There are many businesses that started out in a small garage, Steve Jobs, Bill Gates, even men like John D. Rockefeller. However, growth cannot take place without determination and risk. The best way to make sure that your ready to expand is to be sure where you want to take the company and have a sound plan as to the steps one will take to get there. Once you have a vision and financial backing theà next step is to decide which type of business entity you want to be. There are many entities to choose from and no one is greater than the next. Itââ¬â¢s all about how you want to mold and model your business. Reference: Anthony, S. (1995). Warning: marketers must do better with product warnings. Marketing News, (13). 4. DAY, J. A. (2014). Protecting Yourself from Statutes of Repose. Tennessee Bar Journal, 50(1), 33-34. Fishman, S. (2014). CHAPTER 2: Choosing the Legal Form for Your Business. In , Working for Yourself (pp. 15-54). Nolo. Smith, V., & Neuwirth, E. B. (2009). Temporary Help Agencies and the Making of a New Employment Practice. Academy Of Management Perspectives, 23(1), 56-72. doi:10.5465/AMP.2009.37008003
Friday, August 30, 2019
Bollywood and Gender
Research Proposal Aim: To study and compare the role of women in some of the women centric Hindi films released between 1980 to 1990 and 2000 and 2010. Objective: To study the issues of gender, caste, development that were perceived in Indian cinema then and now in women centric films. A comparative study about the representation of women in Indian cinema then and now in women centric films. Scope: There are a numerous women centric films that are created in diverse languages around the world. When we focus even on one specific type, we get to know about the culture and thought process of that specific region. Also, a strong statement emerges out of the analysis which is a reflection of the prevailing ideologies in the society. This paper will be mark a statement on the thought process, beliefs of the people especially for the women. These beliefs systems and ideologies will be compared through women centric Bollywood movies that were released between 1980ââ¬â¢s to 1990ââ¬â¢s and 2000 to 2010. The scope can be extended to many women centric movies made in various languages other than Hindi. One can also include the earliest of the eras for a detailed comparison and in-depth study. Not only a comparison on the issues like gender and caste but also a comparison on other issues like lifestyle, costumes, movie posters etc can be done. Limitations: This paper is limited only to Bollywood films because of the language constraints. Also, only two decades have been chosen since the comparison and study would be possible with a limited number of films to study. Also, from each decade four women centric films are chosen and then studied thoroughly. Followed by is a detailed analysis of the movie based on the issues of Gender, caste, development, ideologies. Research Question: What is the difference in the representation of women portrayed earlier (1980-1990) and that which is shown now (2000-2010)? â⬠¢ What are the factors that have affected the change in the representation of women in Hindi cinema esp. between the 1980- 1990 and 2000-2010? And how is the transition identified? â⬠¢ Was the image of women shown in the movies of 1980-1990 stronger, bolder than tho se shown now (2000-2010)? Introduction: Confirming Aristotleââ¬â¢s view of art as an imitation of life, gender discrimination in the Hindi film industry does indeed reflect the bias that exists in Indian society. The gender ratio in India is heavily skewed in the favor of males (1. 08 male(s)/female) (from CIAââ¬â¢s publication). Thus, Indian moviegoers are presumed to be mostly menââ¬âroughly between the age of 15 to 34 years. These moviegoers, according to an all-India survey by a research organization, enjoy mindless comedies. Such thinking dominates cinematic expression in one of the worldââ¬â¢s largest centers of film production. The Indian entertainment industry stands at $10 billion today and is expected to grow at 18 percent per annum compounded annually over the next two years (Economic Times). An average Indian spends approximately 4. 6 percent of disposable income on movie watching in theaters. And because issue-based films are not a favorite with the masses, a producer opts for subjects with more appeal so that he or she can recuperate the huge investments involved in film production. Even female filmmakers do not risk funding for their films by focusing on women-centric subjects. At New Yorkââ¬â¢s iView Film Festival held in 2009, which explored gender and sexuality issues, filmmakers and actors on the panel were asked to comment on the presentation of social issues through Indian films. Zoya Akhtar, the filmmaker ofà Luck By Chance (2009), and a panel member commented on the female protagonist in her film saying that, ââ¬Å"The character could have been any; the fact that she is a woman is a coincidence. â⬠But because the film ends up centering on the story of a woman, the director struggled for six years to make the filmââ¬âapparently because numerous male actors turned down the costarring role. She had a difficult time despite her insider status in the industry as the daughter of renowned Indian scriptwriters, Javed Akhtar and the sister of an accomplished film director, actor, producer and singer, Farhan Akhtar. The absence of female centric scripts in main stream Hindi cinema is partially to be blamed because of its commercial viability. Also, commercially super-hit films like Jab We Met(2007) and Paa(2009) are termed as female centric films, but on observing closely, we realize that both the female characters in the end need their male counterpart to overcome their grief or are heavily relied on them to ensure a happy ending to their story. Hindi cinema is divided into ââ¬Ëtrendsââ¬â¢ or ââ¬Ëerasââ¬â¢. Starting from the silent ra in 1920s, Hindi cinema has evolved tremendously in terms of technique, story telling and the stories that were told. The period from late 1940s till 1960s is considered as the ââ¬ËGolden eraââ¬â¢ of Indian cinema. Bollywood witnessed a new wave in form of content, where earlier movies focused mainly on mythological stories, after independence, their focus shifted on development issues (Do Bigha Zameen- in 1953), gender (Bandini-in 1963), caste di scrimination (Sujata-in 1959), etc. In the early years of Indian cinema, it was Bimal Roy who made a host of films in which his heroines had the lead part to play. Commercial cinema then had female centric scripts and Nutan, Meenakumari, Madhubala and Waheeda Rehman have portrayed some of the most powerful female characters in Hindi cinema and delivered super-hit films. The role played by Zeenat Amaan in the movie (Qurbani-in 1980) was much ahead of its time. It was bold and headstrong unlike of the characters that we seen in the movies of late 90ââ¬â¢s. One of the outstabding commercial hits Seeta aur Geeta concentrated more on the heroines rather than the two heroes. Besides such mirrored plots, some movis have focused exclusively on the heroine and woven the script around a central female character. In such films, the woman has no prototype. Jaya Bhaduriââ¬â¢s Guddi was one of the early hits where the innocent girl next door image of a star struck teenager became representative of each school going girl for years to come. In other films like Aandhi, an educated wife changes course midway from a happily married woman to a leading politician. When we compare those films with the films produced during 1990s and later, we can see stark contrast in the way female leads were being portrayed. Not only in their portrayal of the character, but also in the way the content of the movie that was generated. At times or rather most of the times, they were meant to accomplishments to their male counterparts. Shridevi in Lamhe(1991), Madhuri Dixit in Hum Aapke Hain Koun-(1994), Karishma Kapoor in Dil to Paagal Hain-(1997), Fiza-(2000) ,Kajol in Dushman-(1998) and Aishwarya Rai in Hum Dil De Chuke Sanam-(1999), Taal-(1999) and Guzaarish-(2010) were some of the most popular leading ladies during this era. Though they were brilliant performers, they hardly were part of a movie where they were not shown adhered to the wishes of the male lead, society and family. It becomes mandatory to ultimately create an image of an ââ¬Ëidealââ¬â¢ girl/woman for the audience (here consumers) because thatââ¬â¢s how our society works and secondly it becomes easy for that the idea to sell; hence increase in numbers and popularity. Films like ââ¬Å"Dorâ⬠(2006), ââ¬Å"Silsilayâ⬠(2005), ââ¬Å"Tehzeebâ⬠(2003), ââ¬Å"Pinjarâ⬠(2003), ââ¬Å"Chameliâ⬠(2003), ââ¬Å"Sattaâ⬠(2003), ââ¬Å"Filhaalâ⬠(2002), ââ¬Å"Zubeidaaâ⬠(2001) ââ¬Å"Lajjaâ⬠(2001), ââ¬Å"Chandni Barâ⬠(2001) and ââ¬Å"Fizaâ⬠(2000) brought the woman into the spotlight ââ¬â all these films got critical acclaim, but they didn't turn out to be a commercial hit. Surprisingly, in recent times, No One Killed Jessica was the only ââ¬Ëwomen centric filmââ¬â¢ that sort of worked at the box office. All said and done, it shows that we lack on ideas. We as audience are treading backward as we choose to accept only a specific image of woman being shown. Hence, I would focus on a comparative study of two different bollywood era. This will not only comment on the techniques and style of film making, but it will also comment on the kind of cinema accepted by the masses then and now. It will clearly showcase the image of a girl or a woman being shown by the film makers and its acceptance by the audience. It will talk about how issues of gender, caste, development were perceived in Indian cinema then and now. Hence, it will become a cultural comparative study of two different decades from Indian history and will help us understand that how the term ââ¬ËIndian Cultureââ¬â¢ has evolved over a period of time. A Tentative Bibliography: â⬠¢ Criticisicm and Truth by Roland Barthes |à | |Television commercials and rural women as audience in India by Ila Patel | | | | | |Ways of Seeing by John Berger | | | | | |About Looking by John Berger | | | | | |Women and Art contested Territory by ChicagoJudy | | | | | |Bollywood in Posters by Ausaja. S. M. M. | | | | | |A Thinking Eye by Paul Klee | | Reference Links: www. indianetzone. com www. indianlink. com www. altlawforum. org www. expressindia. com www. semionaut. com www. sebsteph. com www. slideshare. net Heta Vyas MAJ 0310
Thursday, August 29, 2019
John Case
John M. Case Company I. Statement of the Problem The John M. Case Company was established in 1920 by Uriah Case and was the largest manufacturer of business calendars in the United States. The company was then handed off to John M. Case, and continued to prosper. John M. Case controlled a large amount of the market share in this industry along with an increasing number for sales. Then, John M. Case decided it was time to retire and sell the company. Anthony W. Johnson, an employer of John M. Case Company, was interested in this purchase.After coming up with $500,000 within the management group, Johnson still faced a dilemma of raising $10 million without giving up control to outside investors. With this, Johnson needed to come up with a strategic financial plan in order to successfully obtain such a company. II. Statement of Facts and Assumptions With a large amount of the market share in favor of John M. Case Company, the business risk was relatively low for this industry. John M. C ase owned 60-65% of the market share causing the risk to be substantially lower than other industries. Manufacturing for this company had many advantages.As Case Company had a subsidiary in Puerto Rico, it allowed them to be tax exempt from U. S taxes. With these tax exemptions, it provided low income tax rates for Case Company. Case Company also did not have problems in regards to their customers. With 95% of their customers being loyal to their company by re-purchasing orders annually. Company finances were also a positive for John M. Case. The company did not need to part take in seasonal buying in approximately 10 years, but strategically kept $2 million lines of credit. By looking at the different components to John M.Case Company, the outlook for future endeavors seems to be profitable. III. Analysis By looking at the different components to John M. Case Company, the outlook for future endeavors seems to be profitable. Johnsonââ¬â¢s decision to purchase this company would b e a smart move financially. As the company has seen prosperous growth throughout its years, its part in the market seems to show low risk and high levels of profit. IV. Recommendation As the issue continues in coming up with the additional $10 million, Johnson should look into more resources to obtain the additional funding.The financial state of this company is in top shape looking at the current ratio and inventory turnover in Exhibit 1 below. As the current ratio is well above 1, it secures the idea that John M. Case Company is able to pay back its short-term liabilities and assets. Having a confident number for their current ratio assures the company can handle financial issues that may come their way. With their loyal customers, low-cost manufacturing and large market share, the profits of John M. Case Company are endless. Exhibit 1 Current Ratio in 1984$8, 998/$1,266 = 7. 107 Inventory Turnover$9,740/$588 = 16. 565
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