Marriot Corp Cost of Capital - 2528 Words

Introduction and background We are conducting an analysis of Marriott Corporation for calculating the hurdle rates at each of the firm s three divisions--lodging division, restaurant division and contract service division. Marriott uses Weighted Average Cost of Capital (WACC) as the hurdle rate, and use it to discount the appropriate cash flows when evaluate an investment project. Our goal is to determine the WACC at every division base on the information that the case has provided. First of all, we will determine the cost of debt, cost of equity and the capital structure for the whole company. Then we will compute for the tax rate, and calculate the WACC for the whole company. After this, we will determine the Risk-free Rates,†¦show more content†¦Strategy #2 conflicts with the company s objective because the company is using hurdle rate to discount cash flows and evaluate potential investments. If Re was higher, then WACC, which is the hurdle rate, would be higher as well. If this was the case, the company s growth would be reduced therefore failing the company s growth objective. If the company s objective is to keep growing by aggressively developing appropriate opportunities, it is best if they do not use their funds to buy back stock shares, even though these shares were undervalued. So strategy #4, which is to repurchase undervalued shares, conflicts with the company s objective. When the company intends to remain a premier growth company, it must aggressively invest in different profitable projects to generate more profit. If Marriott used their funds to buy back stock shares, the available funds for investment would be reduced. This will have a negative effect on the company s growth objective. 2.How does Marriot use its estimate of its cost of capital? Does this make sense? Marriot use cost of capital as the hurdle rate to discount future cash flows for the investment projects of the firm s three divisions. Hurdle rate is the minimum rate of return that is required in order for the company to accept the investment. Marriot use the hurdle rate to calculate the net presentShow MoreRelatedMarriot Corp Case: Cost of Capital1126 Words   |  5 Pagespresident of project finance at Marriott Corporation, prepares recommendations annually for the hurdle rates at each of the firm ¡Ã‚ ¯s three divisions. In this reflective case, the company ¡Ã‚ ¯s policies and strategies related with hurdle rates and cost of capital are discussed. In the above context, the company ¡Ã‚ ¯s policy of repurchasing its shares is also reviewed ; particularly, it focuses on the financial effects there may be if there is a 30% repurchase of the common stock. For practical purposesRead MoreMarriott Corporation Case Study: the Cost of Capital Essay656 Words   |  3 PagesFinancial Decision Analysis~Marriott Corporation Case Study Executive Summary – Q5 – Hurdle Rate Analysis Hurdle rates, the weighted cost of capital that projected cash flows must exceed for initiatives to be considered, vary within Marriott Corporations due to their unique industry risk levels and capital structures. They use this number to determine which projects to accept, to adjust the rate at which the firm grows and as a measure for compensation within each business area, and as incentiveRead MoreMarriott Corporation: the Cost of Capital2323 Words   |  10 PagesMarriott Corporation: The Cost of Capital (Abridged) Are the four components of Marriot s financial strategy consistent with its growth objective? Since its foundation in 1927 Marriott Corporation grew into one of the leading lodging and food services in the US. With three major business lines: lodging, contract services and related business, Marriott has the intention to remain a premier growth company. To achieve this goal the corporation’s strategy is to develop aggressively appropriate opportunitiesRead MoreMarriott Corporation Case2424 Words   |  10 PagesMarriott Corporation: The Cost of Capital (Abridged) 1. How does Marriott use its estimate of cost of capital? Does this make sense? Marriot use cost of capital as the hurdle rate (minimum rate of return required to accept the project) to discount future cash flows for the investment projects of the three lines of business (Lodging, Contract Services and Restaurants). They use this rate to calculate NPV and net present value over cost to decide for the profit rate. Since cost of the project staysRead MoreMarriott Case Notes2220 Words   |  9 PagesHow does Marriott use its estimate of its cost of capital? Does this make sense? c. What is the weighted average cost of capital for Marriott Corporation? †¢ What risk-free rate and risk premium did you use to calculate the cost of equity? †¢ How did you measure Marriott’s cost of debt? 1. Are the four components of Marriott s financial strategy consistent with its growth objective? 2. How does Marriott use its estimate of the cost of capital? Does this make sense? 3. Using the CAPMRead MoreMarriott Case Study2572 Words   |  11 Pagesas well be seen that this strategy may conflict with the objective, as the company uses the hurdle rate to evaluate potential investments where the cost of equity is higher, then the WACC would appear higher as well(hurdle rate)and distract the company to invest in some profitable ventures. c) The effort to optimize the use of debt in Marriott’s capital structure helps the company as it invests a lot in long term assets hence it is necessary for the company to maximize and optimize its debt. The companyRead MoreMarriott Corporation: the Cost of Capital2898 Words   |  12 PagesHBR Case #1 Marriott Corporation: The Cost of Capital Group 16—Tutorial Mon 11:30am Group members LIU Ying, Chloe | 1155019350 | LUO Yingying, Irika | 1155020931 | TIAN Tian, Sarah | 1155019114 | WU Jiajie, Jesse | 1155019061 | 17 September 2012 Executive Summary By 1987, Marriott Corporation had grown into a large multi-dimensional company with over $5 billion assets in lodging, contract services and restaurants. The company enjoyed fast growth in both sales and assets at aroundRead MoreAnalysis of Ioi Corporation Berhad Performance Based on 5 Years Financial Report4727 Words   |  19 Pagessustaining consistent long term growth in volume and profitability†. Today IOI Group comprises 2 listed entities on the main board of the â€Å"Bursa Malaysia†: IOI Corporation Berhad and IOI Properties Berhad. They also own 3 resort hotels under the name Marriot Putrajaya Hotel, Palm Garden Hotel and Casuarina Beach Resort. Among the company’s achievement and good works, it has won different awards and laurels from different well-recognized magazines and organizations around Asia such as; Finance Asia andRead MoreAnalysis of Capital Structure of Ihg5725 Words   |  23 PagesAnalysis of the Capital Structure of InterContinental Hot el Group (IHG) Company Student Numbers; 307473 307540 307576 308254 A dissertation in report form submitted in partial fulfillment of the requirements for Financial Management II of the Higher Diploma in Events, Hotel and Tourism Management IMI International Hotel Management Institute, Switzerland October 2010 Abstract: This report is illustrated about the capital structure ofRead MorePizza Hut Case Study3564 Words   |  15 Pageseven speaking to someone. Weaknesses However, the fact that Pizza Hut does have a restaurant to run is also a weakness. Pizza Hut has higher overhead costs, due to the restaurant that other competitors dont have to deal with. Another result of higher overhead costs is higher prices Pizza Hut must charge. Obviously, Pizza Hut is not the low cost producer. They rely on their quality pizza and good service to account for their higher prices. An indirect weakness that Pizza Hut has is that they have

Sigmund Freud Personality Development - 2005 Words

SIGMUND FREUD THERIOES By: Blanca Salinas Barry University Professor Dr. Kuzbyt PSY-305: Personality Development Summer 2016 Sigmund Freud Sigmund Freud was a man ahead of his time. His innovative thinking and his willingness to go against the rational thinking is what set him aside from his peers. His theories were controversial, but he didn’t care. His goal was to put an actual reason why things are the way they are. Not simply give a symbolical pain reliever to his patient, but to actual find the root of the problem. The following is a brief look into his theories. Religion It’s only fitting to find out Freud was not a man that believe human behavior was dictated by a supernatural force that provoked humans to behave a certain way. He believe the id, the ego, and super ego is what cause people to compose themselves a certain way. He stated â€Å"religion is an illusion and it derives its strength from the fact that it falls in with our instinctual desires (Freud, 2013). What I found to be interesting is the fact Freud believed people refer to religion or beliefs simply to have an explanation for anxieties and tension that they not consciously want to believe in (Freud, 2013). As stated above, Freud’s believe were controversial. He believed humanity created God in their image as opposed to vice versa. In other words, religion or our beliefs are simply fictional. Freud fascination with the mind is due largely in part because he believed that theShow MoreRelatedSigmund Freud s Theory Of Personality, Cognitive Development, And Infancy1096 Wo rds   |  5 PagesSigmund Freud; 1856- 1939, an Austrian doctor was one of the pioneers in studying the nature of personality, cognitive development, and infancy, and also remarked how important the first years of the individual’s life are for future development of the mentioned characteristics (Coon Mitterer, 2012). According to John W. Satrock behavior; as part of the psychoanalitic theories, is merely a surface characteristic and a true and deep understanding of development is require to analize the symbolicRead MorePsychoanalytic Theory Of Sigmund Freud824 Words   |  4 PagesFoundation A Look into the Psychoanalytic Theory of Sigmund Freud David Haygood Talladega College Applied Psychology 202 7/7/2017 Abstract The psychoanalytic theory by Sigmund Freud has always been argued to be one of the most controversial theories in the school of psychology. Critics have questioned how relevant the perspective of Freud is due to the fact that it holds no scientific basis. Sigmund Freuds psychoanalytic theory of personality argues that human behavior is the result of theRead MoreThe Theory Of Psychoanalysis On The Unconscious Phases Of Personality Development1130 Words   |  5 Pagesunconscious phases of personality development. The main tenets of this theory are characterized into four subsections. Firstly, it states that early childhood experiences are important in life’s later development. Secondly, it declares that psychosexual stages are linked to major developmental needs and challenges. Thirdly, the theory of Psychoanalysis emphases put forth that, each phase can include conflicts. That how people experience and resolve conflicts determine their personality patterns later inRead Mo reSigmund Freud and Carl Jung1331 Words   |  6 PagesSigmund Freud and Carl Jung Sigmund Freud and Carl Jung begun their relationship in 1906, when Carl Jung sent Freud a copy of his signed published studies, But Jung did not know that Sigmund Freud actually already owned a copy (well-Documented). Jung looked up to Freud and saw him as a father figure (well-Documented). Freud became Jung’s Mentor. In 1909, Freud and Jung toured the United States, and this is were they had a few disagreement on the unconscious mind. Jung thought Freud was negativeRead MoreEssay on Freud V Erickson1371 Words   |  6 Pages Sigmund Freud is probably the most familiar name that comes to mind when one thinks of famous psychologists. Freud was born in Freiberg, Moravia in 1856, but when he was four years old his family moved to Vienna, where Freud was to live and work until the last year of his life. The scope of Freuds interests, and of his professional training, was very broad - he always considered himself first and foremost a scientist, endeavoring to extend the compass of human knowledge, and to this end, ratherRead MoreSigmund Freud s Theory Of Psychoanalysis1339 Words   |  6 PagesSigmund Freud Biographic Description of Sigmund Freud Sigmund Freud was born on May 6, 1856 in Freiberg (currently known as Czech Republic). Freud is best known as the founder of psychoanalysis, which entails a scientific analysis of unpacking unconscious conflicts based on free associations, fantasies, and dreams of the patient. He was among the greatest psychologists of the 20th century, and his legacy lasts up to now. While young (4 years old), his family relocated to Vienna where he lived andRead More The Three Elements of Personality by Sigmund Freud777 Words   |  4 Pages Introduction Of Sigmund Freud Sigmund Freud was one of the trailblazers of modern-day psychology. After several years of clinical practice, Sigmund Freud became concern about finding a new way to cure his patients. He developed a new way of treatment, the psychoanalytic therapy based on the existence of the unconscious. According to his theory, our behavior is driven by sexual and destructive feelings. Freud mentions in his psychoanalytical theory of personality there are five stages of psychosexualRead MoreSigmund Freud : Influences On Developmental Psychology1028 Words   |  5 Pages16 November 2014 Sigmund Freud: Influences in Developmental Psychology Sigmund Freud was one of the most influential psychologists in the history of the profession. He was influential in human psychological development and in the treatment of atypical mental conditions. In this paper Freud’s studies and contributions will be researched and shown how they influenced developmental psychology as we understand it today. Sigmund Freud was born in 1856 in Friedberg, Moravia. Freud considered himselfRead MoreSigmund Freud. Briana Gates. Mr. Wiles. Psyc 43101-01:1611 Words   |  7 Pages Sigmund Freud Briana Gates Mr. Wiles PSYC 43101-01: History and Systems of Psychology February 25, 2017 On May 6, 1856, a baby by the name of Sigmund Freud was born, in a what is now known as the Czech Republic (Schultz Schultz, 2012). After moving around a bit, Freud eventually settled in Vienna, and spent most his life there. It is without question that Sigmund Freud is a well-known name, and that he can be considered the father of what is known as psychoanalysis, seeing as how heRead MoreCarl Jung and Sigmund Freud1412 Words   |  6 PagesCarl Jung and Sigmund Freud Introduction Carl Jung (1875-1961) and Sigmund Freud (1856-1939) were two individuals whose theories on human personality would completely affect the way that people viewed the human mind. Carl Gustav was a practicing psychotherapist while Sigmund Freud created the discipline of psychoanalysis. The two men had seemingly identical beliefs about human behavior, but also had contrasting beliefs about concepts such as the ego, the psyche, and the state of unconsciousness

Beginning of Cold War free essay sample

Germany, Japan and Italy ) Lost their influence in world affairs ii) Germany and Japan were occupied by the Allied Powers. Iii) Italy became a democratic nation after the fall of Fascism in Asian and African Nations Got independence in the post-war period D. Eastern European States I) Set up Communist governments after the war ii) Became satellite States Of the Soviet Union E. The Soviet Union I) Became a superpower after the war ii) Controlled the Communist states in Eastern Europe F. The United States 1943. C. Ii) Took over Britains and Frances position in world affairs What was the Cold War about?It was a fight over different political and economic ideas. It was a clash between communism and capitalism. It was the result of growing suspicion between capitalist USA and communist Soviet Union. The fears of LISA and USSR Aquas fear: The Soviets would spread communism to the rest of Europe and Asia). We will write a custom essay sample on Beginning of Cold War or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Users fear: USA would attack them in order to destroy communism. Between 1 946 and 1991, these two sides did many things to oppose each other. The Capitalist Bloc The Communist Bloc The United States and Western democratic nations The Soviet Union and Communist States in Eastern EuropeUS-Soviet Rivalry in Eastern Europe The Soviet Union set up satellite states in Eastern Hungary Hungary Rumania Poland Czechoslovakia Bulgaria East Germany Military Opposition Formed two rival armed alliances: NATO (North Atlantic Treaty Organization) and the Warsaw Pact They threatened each other: especially in the nuclear arms race. They supported small wars between their allies: (e. G. Korean and Vietnam Wars). On April 4, 1949, twelve Atlantic nations formed the North Atlantic Treaty Organization (NATO). The United States Canada Norway Luxembourg Britain Portugal The Netherlands DenmarkBelgium Iceland Italy France In 1 955, eight Communist nations set up the Warsaw Treaty Organization (Warsaw Pact) with its headquarters in Moscow. The Soviet Union Albania Romania Political Opposition They were both members Of the Security Council Of the United Nations. However, they often opposed each other using their individual power of veto. Both the IIS and Soviet governments spread lies and half-truths about each other. Why was it a Cold War? There was no actual fighting between the USA and USSR during this period. All the two sides did was to make trouble for the other side.The danger was that any mistake could turn the cold war into a hot (nuclear) war! Methods of fighting used Use of propaganda (using mass media to spread rumors and half-truths about the other side) Building up of armaments (especially nuclear ones) Supporting wars between smaller countries (Korea and Vietnam Wars). Origins of Capitalism and Communism Capitalism Grew as a result of the 1 9th Century Industrial Revolution in Europe. It is a system in which private companies compete to sell goods and services. The aim is to make profits for the owners.The gap between rich owners and poor workers is always wide. Communism Came from ideas of Karl Marx. He believed that workers should overthrow capitalism. Industries should be state-owned and benefit everyone. State should provide free education, health care and welfare for all. A. Ideological differences Capitalist bloc Free economy free elections people own properties freely Communist bloc State owns all resources in the interests of society as a whole Result: Mistrust between the two blocs B. Economic Differences CAPITALIST Market economy Competition keeps prices down and quality upWide range of goods for sale COMMUNIST Planned economy Government controls both production and prices Poor choice, supply and quality of goods C. Social Differences Greater freedom: if people worked hard, they could improve their lives. Great inequality many differences between rich and poor. COMMUNIST Limited freedom Fairer society -? fewer differences between rich and poor State provides health care, education and welfare D. Differences in Government Multi-party or parliamentary system. Government holds public discussion before carrying out its decisions.People can change the government peacefully by voting in elections. COMMUNIST One-party system: only communist party is allowed. Strong government -? no opposition or debate is allowed! People cant change the government peacefully if they dont like its policies. Our World Today: Communist or Capitalist? Most countries follow a mixture of some capitalist and communist ideas. Communist countries (like China) have some private industries and markets. Capitalist countries (like the USA) have some government-controlled services and industries.

No Child Left Behind Law free essay sample

This paper is an analysis of the No Child Left Behind Act of 2001 (NCLB Act) that would provide all children with equal education opportunities, no matter what their economic situation. This paper examines the affects of the No Child Left Behind Law on the Elementary and Secondary Education Act that was originally passed in 1965. The paper defines the new law and then examines how it was supposed work. Some of the topics discussed include discussion of Title 1 with great detail about whether or not the law will be implemented as it was intended, paying close attention to the weaknesses in the legislation. The paper looks at individual states compliance, the question of funding in middle schools for extra reading programs and the challenge of getting the information out about the law and the schools rights under it. The author also points out it should assist in the improvement of the quality of educators and hold low-performing schools accountable and demand improvement. We will write a custom essay sample on No Child Left Behind Law or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The law will also mean big changes in testing policies for elementary and middle schools, changes in the state accountability systems and increased state and local government involvement in the education systems in order to monitor compliance with the new regulations for funding. While a determined band of educators, advocates, and their philanthropic clique have pushed hard over the past decade and a half to improve the achievement and development of young adolescents, federally funded programs have practically ignored these students. Title I funds touched them infrequently, focusing chiefly on elementary school grades. Vocational education funds were for high school students. Safe and Drug Free Schools, Gear Up, and fractions of other programs helped students in the middle grades a bit, but no federal money supported their core academic learning.

Serial Killer Mind Essays - Necrophiles, Murder, Ted Bundy

Serial Killer Mind In the last three decades the USA has been troubled by an approaching problem, the serial killer. A serial killer is a person who kills a number of people, usually considered over five, with a cooling off period between each murder, usually one murder at one given time). Two murders at one time occasionally happen and these murders may go on for a period of months or years until the killer is caught. Throughout the last three decades the US serial killer rate has risen 94% and it is estimated that by the next millennium it will claim an average of 11 lives a day. Serial Murder is an epidemic; there are at least 35 serial killers active in the USA today who claim one third of the annual murder rate. The USA has 6% of the world's population yet it has three quarters of all serial killers. Not only are serial killers appearing in more numbers in the US but also all over the world countries are terrorized by serial killers, which are appearing in more numbers year and year after. KILLER TRAIT: A serial killer is a typical white male, 20-30, and most of them are usually in the USA. Their main motives are sex (even though the act of sex may or may not take place), power, manipulation, domination and control. The sex motive is usually rape for an organized killer and sadism for a disorganized killer. They act in a series of 5 or more murders with a cooling off period between each murder. Serial killers can go on for months and years before they are usually caught. The victim is usually the same for every killer - prostitute, hitchhiker etc. Their victims may also have the same or similar attributes in gender, age, race, general look, residence etc. Serial killers also stick by their modus operandi very closely and may change it with experience. Most murders occur by strangulation, suffocation, stabbing etc. Serial killers act by a sex-murder fantasy based with their control, they usually live in this dream world in their teens until they act it out for real when they get into the adult stage. As each murder occurs a serial killer may be disappointed by his murder fantasy and may act it out again to achieve it to there own satisfaction. CHARACTERISTICS OF A SERIAL KILLER: 1. Killings are separate ('serial'), occurring with greater or less frequency, often escalating over a period of time, sometimes years, and will continue until the killer is taken into custody, dies, or is himself/herself killed. 2. In common with normal homicides, killing tends to be one on one. There are instances however where a serial killer has struck down more than one victim in a single incident. 3. There is no (or very little) previous connection between the perpetrator and the victim; the persons involved rarely being related. 4. Although there may be a 'pattern' or 'victim trait', individual murders within a series rarely display a clearly defined or rational motive. 5. An increasingly greater spatial mobility (since the advent of the automobile) has enabled killers (if they wish) to move rapidly from one place to another, often before a murder has even been discovered. 6. There is usually a high degree of redundant violence, or an 'overkill', where the victim is subjected to a disproportionate level of brutality. MOTIVES: These are the motives a serial killer might display (some killers display various motives): Visionaries - Acts in response to voices and is instructed by these voices to perform the act of murder. These killers are usually schizophrenic and psychotic. Missionaries - They think it is their responsibility to rid society of unwanted elements. Hedonists - Kill because murder causes them pleasure. Lust Killers - Kill for sexual gratification with acts that are usually sadistic. Thrill Killers - Kill because of a desire for a thrill or experience. Gain Killers - Kill for personal gain. The killer premeditates the act to require financial gain or materialistic goods. While gain is not the main motive in a murder some serial killers have took the opportunity to steal from their victims for their own personal gain. Power Seekers - Kill for the desire to have control over the life and death of others. Mobility: These are the classifications for the stable killer and the transient killer: The Stable Killer (eg. Gacy, Dahmer) - Lives and works in one location for an extended period. Hunts

Many Ways to Break

Many Ways to Break Many Ways to Break Many Ways to Break By Mark Nichol How does one break? Which preposition follows the verb break depends, in American English idiom, on which type of literal or figurative breaking is occurring. To break away is to escape, to suddenly separate from a group, as in a race, to stop doing something (also referred to as taking a break), or to end or reduce one’s dependence on another. A part of something is also said to be broken away from a whole. (See also â€Å"break up.†) â€Å"Break down† means to succumb to one’s emotions, or refers to when something, such as a vehicle, stops working, or to dividing something into parts or destroying it; the noun form is breakdown. To break for something is to stop doing something, such as working (also referred to as taking a break), or to run toward something suddenly, as when trying to escape. â€Å"Break in† means to interrupt, intrude, or invade. In addition, one breaks a person or an animal in by training him, her, or it; to break something in is to accustom it to use. To break into means to start doing something suddenly, as in â€Å"break into song† or â€Å"break into tears.† â€Å"Break into† can also be synonymous with â€Å"break in† or can refer to dividing something into pieces. An invasion of private property is called a break-in. To break off is to suddenly interrupt one’s speech or a meeting or to cut off communication with someone, or it can refer to a part of something separating from the whole. â€Å"Break out† can refer to the onset of a rash or another skin condition, to an escape, or to a sudden outburst or to the beginning of a disturbance such as a riot or a phenomenon such as a fire. It also describes the act of suddenly making something such as drinks and/or food available. One can also break out into a cold sweat from anxiety. The noun form, suitable only for some senses, is breakout. Waves or a sudden overflow of water can break over an object such as a ship’s gunwale or a seawall or other barrier. A person or a thing can break through a literal or figurative barrier; the act is called a breakthrough. â€Å"Break up† is slang for ending a romantic relationship, but it can also refer to the division of a whole into smaller pieces, whether naturally, as when ice breaks, loosens, and melts in warmer weather, or artificially, as when somebody breaks a candy bar into sections to share it; the noun form is breakup. (The admonition â€Å"Break it up!† is a call to stop engaging in something, such as a fight.) One can break with tradition, which alludes to doing something differently than it is customarily done. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Expressions category, check our popular posts, or choose a related post below:50 Slang Terms for MoneyDisappointed + Preposition25 Idioms About Bread and Dessert

The Impact of Divorce Research Paper Example | Topics and Well Written Essays - 2000 words

The Impact of Divorce - Research Paper Example The status of marriage and the cohabitation of couples, in general, has changed substantially over the past 80 years or so (Saluter & Lugaila, 1996). In 1920, the divorce rate stood at about 12 percent. In 1960, about a quarter of marriages failed and by 1974, the number jumped to a full third of all marriages ending in divorce (Gutierrez, 1988). In 1996, it was reported that almost half (43 percent) of first marriages ended in either divorce or separation by the15th year of the relationship, according to a study conducted by the National Center for Health Statistics (Saluter & Lugaila, 1996). Men responded that inattentiveness of the children and home, mental cruelty, sexual incompatibility, and infidelity were the main reasons for filing divorce papers. Women cited mental and physical cruelty, alcohol abuse and financial difficulties. In general, persons in the economic middle class are concerned with emotional and psychological satisfaction. Lower-class couples are concerned more with physical actions of their husbands and financial difficulties within the relationship. Numerous background elements are associated with higher rates of divorce. For instance, couples who are better educated have a lower risk of divorce than do those who are less well educated. Accordingly, â€Å"divorce is more common among lower socioeconomic groups than among professional groups† (Gutierrez, 1988). A divorce encompasses many variables, all or some may play a role in contributing to difficulties for children. The loss of daily contact with one parent from the family situation, usually the father, results in the children losing the amount of affection they were receiving when both parents were in the same house. The life-skills, knowledge, and financial resources formerly supplied by the missing parent, whether they are out of their lives on a part or full-time basis is forever lost to the children. Divorce usually means that the children are living with one parent now earning just one salary which creates hardships beyond the emotional crisis of the divorce itself. The stress involved in divorce goes beyond the emotions involved as well. Many children are forced to move to a new, usually less desirable neighborhood, possibly put into a daycare for the first time and must make new friends in an unfamiliar environment. Some are moved father away from the familiarity of the extende d family, uncles, aunts, grandmothers, etc. One, some or all of these life-changing events can cause great and lasting amounts of stress for children of all ages. Whether or not the divorce is amicable and the general stability of the parents plays a role in how the children will adjust to the divorce. â€Å"Much of what happens to children in general is related to the skill of parents in helping them develop. The competence of parents following divorce is likely to have considerable influence on how the children are doing† (Kelly and Emery, 2003) Unfortunately for all concerned, conflict between divorcing parents is frequently the rule rather than the exception. The extent to which parents expose their children to

Practices of Research in Art, Design and Education Essay

Practices of Research in Art, Design and Education - Essay Example The publication manifests an original piece of art from Shakespeare’s imagination (Rall, 2011). Many artists have performed this play (Reagan, 1999) leading to its popularity and winning global art awards (Morgan, 1999). The play involves three interconnecting plots that have different characters that connect at the wedding celebration of the Duke of Athens and Hippolyta. Indeed, the plot entails the adventures of six amateurs and four young Athenian lovers in the forest where a band of fairies control and manipulate the amateurs and Athenian lovers. The play depicts the struggles in love life as the Duke of Athens and Hippolyta suffers numerous challenges before getting married (Morgan, 1999). Notably, a band of fairies in the forest controlled and manipulated the amateurs and Athenian lovers in the play. The publication also defines the place of women in marriage or in a love affair through the various scenes of the play. The four puppets in the play depict the four young Athenian lovers. As such, the theme of love’s difficulty dominates the play as the characters go through troubled romantic relationships before getting married (Massachusetts Institute of Technology, 2014). The themes of dreams and magic also manifest in the play as various characters use dreams to explain the troubled romantic relationships in the play and misuse magic to cause problems in the play. Feminism is another theme that dominates in this publication. In this context, the publication relates to the marriage of Duke of Athens and Hippolyta. This followed the Athenian law that condemned daughters to death for failing to obey their father’s will, which manifests feminism. In this publication, society regards marriage as a social achievement for women. However, this society holds little value for marriage with respect to men. In this publication, the women are under the control of their husbands and a band of fairies,

Case Study (Son of Sam) Research Paper Example | Topics and Well Written Essays - 750 words

Case Study (Son of Sam) - Research Paper Example He felt rejected because of it and he eventually became a loner. He was not a particularly handsome man and he was larger than all of his peers in school which added to his feelings of being an outcast. He did not do very well in school or in other activities, but he was able to do well in baseball. As a child, he acted out aggressively towards others and many experts felt this was because he believed his mother died in childbirth. Berkowitz’s adopted mother died in 1967 of breast cancer which sent Berkowitz into extreme depression and anger. His father eventually re-married a woman who did not get along with David and the couple moved to Florida leaving the son behind (Montaldo). After his father left, he went into military service. While there he would have sex with a prostitute and receive a venereal disease; this was his only sexual experience, according to Montaldo. By this time, Berkowitz was having paranoid delusions and creating fantasies about his life. By Christmas Eve 1967, he would find his first victim in a 15 year old, Michelle Forman who actually survived the attack. After this attack, Berkowitz left the Bronx and moved to Yonkers where the Son of Sam was created. Berkowitz would later state that he received messages from his neighbor’s dog named Sam to go and kill. Berkowitz was a loner and stayed away from people. He carried resentment and anger against women for rejecting him but he also had paranoid delusions. He also had obvious problems with women because they were his victims. He was shy and a loner which crated conflicts for him when approaching women (this is a supposition as to the reason why he began to kill women). Once he was in prison, he began to attend bible study and chapel services which brought him a set of friends. Binger (2011) states that he was able to transform his life once behind bars because of these services. Berkowitz began to have friends after his transition to

Persuasion In Business Communication English Language Essay

Persuasion In Business Communication English Language Essay Almost every communication in our life bears the element of persuasion. Persuasion is an important element of any business communication. The definition of persuasion. The definition of persuasive communication. Five stages of understanding of the speech by the audience implied by the persuasive communication. Three techniques that will make any business communication more persuasive: the message should be built around the other persons interests; the pronoun you should be used instead of I and me; different barriers to persuasiveness such as misspelled word and grammar mistakes should be eliminated. The importance of body language in making business communication persuasive should not be underestimated. Action points or specific tasks for the audience should be clarified. Conclusion Persuasion is a constituent part of every business communication. In order to persuade the audience some strategies should be put into practice and thus you will succeed. I wasnt a great communicator, but I communicated great things Ronald Reagan. All business communications, at least the majority of them, are persuasive and aimed at convincing the other people to think and to act as we would like them to. Almost everything of what we communicate contains the persuasion component in it. There is a simple example of this idea. Thus, the most intriguing words in English language I love you can be uttered self-sacrificing and self-serving. The self-sacrificing meaning presupposes that the person who utters these words wants to give something to the other person. But the self-serving meaning is the opposite one: it presupposes that the one who utters these words expects some profit from them from the other person. Persuasion is a very important element of any business communication. It can be used for various purposes: to convince someone in your point of view, to make someone change his or her ideas about something, to resolve disputes. Persuasive communications are not restricted to a definite sphere of business; they are common for all business industries. Thus, a politician may use persuasive strategies in order to influence voters to vote in his favor. Thereby, persuasion is an important concept to employ when endeavoring to alter the attitudes, beliefs and mindsets of others in order to encourage them to endorse your way of thinking (Wakeling 2010). Persuasion alongside with good negotiating skills will ensure that you get the best possible deal negotiating terms and contracts with clients and suppliers. There is one more definition of persuasion. Persuasion is a communicative process of altering the beliefs, attitudes, intentions or behavior of another by the conscious and unconscious use of words and non-verbal messages (Ilardo, 1981). Persuasive communication is any message that is indented to shape, reinforce, or change the responses of another, or others (Stiff, Mongeau, 2003). Persuasive speech is usually intended to influence both individuals and groups of people to accept a particular belief or position. The speech that is persuasive requires an intense listener focus and a clear understanding of the audience. Persuasive speech presupposes that the speaker should take the audience through five stages of understanding (Flacks, Rasberry, 1982): awareness of the problem; understanding the problem; understanding the proposed solution; visualization of the effects of the proposed solution; understanding how they, the audience, must act. So, first the audience should be introduces into the nature of the problem or situation. The speaker should give the concise statement of the problem from his or her point of view. It is very important that the relevance of the problem is shown to the audience; in other words, the way the problem can affect them. The speaker describes the possible solution to the problem and shows the audience how the suggested solution can be nefit them in particular. And finally, the speaker points out the aid that can be done by the audience, indicating the actions that must be taken. Considering the fact that everyone needs to convince other people in something, it is worth exploring three simple ideas that are easy to use (Abbott 2010). These ideas or techniques will definitely make any business communication situation more effective. First, one should always bear in mind that persuasive communication is always focused on the other person. Thus, when we write or speak, we should always have the other person in sight. One of the most important components of effective communication is to ensure the listener that he or she is an important part of your vision. Thus, using the word we instead of I and me will help to attract the listeners attention and to conciliate him or her. The person will get more involved in what you tell and thus you will have more influence over your listener. It would be wise to place yourself in the mindset of your audience and to identify what is the attitude of your audience towards what you are going to discuss with them. You will be able to use the information you get to identify how you can persuade your audience in your ideas. Thus, communication will definitely be more convincing when the message is built around the other person. So, if someone is to be convinced in something, our attention should be concentrated of this persons interests and response. You should address the issues in his or her terms in order to get the desired response. Thus, if you sell something you should think and talk about his or her benefits after buying this product but not about your income. Second, while persuading someone you should use persuasive words. Once it was already observed that our attention should focus on the other persons interest, we should thing over the choice of words while preparing a written document or a speech. Most of the persuasive expressions most frequently used in the business communication contain the pronoun you. And it is not occasionally. The reason to this frequent usage of the pronoun you is that most people consider this word to be the single most powerful word in their vocabularies, bettering even words like the classic words referring to the idea of getting something without paying and to having intimate relations (Abbott 2010). Besides, using this word helps you to focus your attention on the recipients interests and profits. Writing a letter or preparing a speech it is worth trying to use you in every paragraph. That will definitely add to the persuasiveness of your message in business communication. Third, it is necessary to eliminate various barriers to persuasiveness. It is useful to remember that no matter how good the products you try to sell are, some people just do not need them and therefore are not interested in the speeches dedicated to the usefulness of the product you sell. This point is worth remembering. However sometimes even if a person needs a product someone sells the incompetence of a manager can spoil everything. Thus, making your message persuasive youd better not forget to avoid spelling mistakes, grammar mistakes, missing or misplaced punctuation marks and many other writing sins. It may happen to every one of us in life, but if your intention is to persuade someone youd better avoid these things. Making mistakes, we distract our readers from the subject of the business communication and that undoubtedly reduces the power of persuasion. Besides, apart from the correct choice of words, you must be also sure to use the correct body language. The role of the body language in communication especially in business communication should not be underestimated. Body language is an important part of communication which can constitute 50% or more of what we are communicating (Using Body Language). Thus, be sure, you remember to use effective body language alongside with words, as your body can help you to gain attention of your audience and win their favor. Eye contact should be maintained and it is also appropriate to greet your audience with a firm hand shake (if the number of people you have to persuade is not too large). You should also stand up straight and avoid shifting from side to side. Confidence in your movements and words will make your audience believe you and thus you will be able to persuade them. Being persuasive also mean that you should clarify action point. You should give your audience action points or specific tasks to carry out if you want to be persuasive. Thus you will ensure them that they can act on what they were persuaded to do. Thus, if you are a manager who persuades a member of your work team to do some job, you should give him a deadline for his responsibilities. This will definitely ensure that you carried through your persuasive communication and met the objectives. To sum it up, the idea of persuasive business communication is that it should be thoroughly prepared beforehand according to various strategies and techniques. Thus there are three important techniques that may help to raise the persuasiveness of your messages in business communication. It is important to focus your attention on people receiving your message; it is necessary to use the pronoun you as frequently as possible; it is necessary to eliminate barriers that may lessen persuasiveness in business communication, such as grammar and spelling mistakes. Any of these techniques will do a lot to make any business communication more persuasive, but if all of them are used, you are sure to have successful negotiations. It is also important to think it over before the communication whether persuasion is the goal of your message, either directly or indirectly. If it is, then three techniques will do their work and provide you persuasive business communication. Besides, it is also worth to remember that body language influences persuasiveness in business communication very much. The unprepared written message or speech will never be persuasive. It should be definitely prepared. However, it is not impossible and if some efforts are put, it is really possible to make a business communication really persuasive.

Society and History of Class Struggles :: Shakespeare History Essays

Society and History of Class Struggles At first glance, sixteenth century Shakespearian drama and the nineteenth century dialectic philosophy expressed by Marx and Engels share no probable relationship to one another. Upon closer examination, however, developments in contemporary Shakespearian England illustrate that the social and economic centralization that generate the necessary characteristics of a proto-modern nation state were emerging in sixteenth century England. The unprecedented urbanized demographic shift created by the Enclosure Acts, which enabled the systematic destruction of the feudalistic relationship between the peasantry and the nobility; the emergence of a state sponsored market economy; the destruction of the Spanish Armada in 1588 and the resulting ascendancy of English navel power; and the galvanizing image of English nationalism contained in the figure of Queen Elizabeth I all provided a compelling backdrop for the existence of modern class based antagonisms within Shakespearian dramatic theme s. In Shakespeare’s play, The Merchant of Venice, a modernistic class-conscious theme develops around how several of the play’s characters manipulate sources of wealth in order to achieve social equality. The rise of international markets, readily available sources of credit, and the overall "commodification of English society" (Lecture, 9/3/03) had created a new commercial dynamic in Shakespeare’s era that gave form to a financial meritocracy never before possible in English history. Consequently, in Shakespeare’s play, the tension that results from the challenges presented to the status quo by the commercialization of society manifests itself through the exchange of gifts and debts between three principle relationships. In the characters of Antonio, Portia, and Shylock, Shakespeare illustrates that as a result of the commodification of society even the motivations for expressing generosity are now subject to a cost/benefit analysis. Variously stifled by the traditional limitations placed upon on them by their social positions, Shakespeare’s central characters in The Merchant of Venice seek to address their frustrations through an economic advantage, which in the end analysis, works to emphasize a connection between Shakespeare and the basis of modern class antagonisms. The relationship between Antonio and Bassanio exemplifies the business nature of friendship portrayed throughout The Merchant of Venice.

Edgar Allan Poe Essay

Edgar Allan Poe was evil genius for his time and a great literary forerunner of today. He created the mind set for current writers such as Stephen King, Clive Barker, and Robin Cook by creating the horror story. Poe invites the reader to enter the mind of the narrator by using our senses as a way to provoke terror, suspense, and awe. His writing was influenced by many tragic losses in his life, and this would explain why Poe was a writer of such morbid short stories and poems. Poe’s experiences in life definitely influenced the remarkable literary work he produced. In his early life he had to deal with the death of both his parents, a difficult experience, but Poe accepted it as time went on. Later on in his life Poe’s stepfather disowned him. Young Edgar’s life was changed due to abandonment, alcoholism, and depression. In 1832 Poe moved in with his aunt and his 11 year old cousin in Baltimore. Poe then married his younger cousin in 1836. However, Poe did not know that he would suffer yet another terrible loss, the loss of his love, his wife. Poe’s ability to write literature was the window for him to express his feelings. All of Poe’s tragic losses affected the way he wrote. Poe used his life experiences to make his writing a lot more interesting. Poe’s writing is remarkably interesting. The poem â€Å"The Raven† showed how Poe erected a crazed state of mind, as the poem shows how the loss or a loved one drove a person crazy. This poem was possibly created for his wife that he had lost. While reading the poem it seems as if the stresses of the life of Poe, and his thoughts and feelings were all put into this poem. Throughout Poe’s life, many factors have contributed and influenced his writing style. He lived a difficult life, because he was raised in a dysfunctional household. But the final product of Poe’s mind is printed in his short stories and poems. Poe’s stories all have similar motifs and composition that would suggest suppressed emotions from life experiences are being discharged through his writings. The most prominent feature of Poe’s writing is his obsession with death. Poe’s writing does more than entertain the reader. It can be an insight into the dark and somber world of Edgar Allan Poe. One does not understand the meaning of Poe if one reads at the superficial level. One has to read into Poe, and understand the hardships of his life and how he maintained them that way. He knew that death was an inevitable part of life, it is the price of life, but he tried to fight it as if it was an unnatural part of life. He was an extremely intriguing man from all viewpoints, and he was and is, the dark side of all of us. It is difficult not to link Poe’s fictional stories with his real life. Evidence shows that Poe had a heart condition during his later years in life. Could â€Å"The Tell Tale Heart† be his own fear of the disease? Who knows? Could Poe have been expressing his fears that his alcoholic rages may cause him to hurt the one’s he loved most in his tale â€Å"The Black Cat†? Finally, was â€Å"the Pit and the Pendulum† an allegory of his life? Did he find himself caught â€Å"between the pendulum of financial adversity and the pit of degradation of death†? Poe made the reader feel as if the reader were there, in the story, struggling with the same terrors of the characters. All his famous mystery thriller works give the reader a sense of nervousness, a sense of fear, and a sense of evil, by making our five senses awaken by reading every word. Critics say that Poe did not merely imitate the Gothic tales, but he also â€Å"enriched them by preserving a central action while adding philosophical speculations and lore that deepened the impressions of the tales†. As a result of the traumas he endured, Poe was â€Å"unafraid of taking his readers for a walk on the dark side, where lines between life and death were sometimes blurred†. His ability to tap into humankind’s deepest fears and his consistency in portraying such intriguing and captivating themes is what has kept the work of Poe timeless. In short, Edgar Allan Poe has created many great stories for us. He liked to illustrate the dissolution of an individual’s mind and body, as he had suffered it himself for quite a long time. He thought death is unavoidable, because he experienced keenly deaths all around him and its threat on his own life. He was obsessed by the loss of love of ideal women, for he had the same experience in life. Now, we can understand why Poe had a tendency of choosing such themes. Poe is an author of the inner world and his writings are his psychological autobiography to some extent. In this respect, Poe pioneered a new field in literature. He is the first one who focused on man’s mental and spiritual activities, and his writings have deep influence on many of later writers.    WORKS CITED Poe, Edgar Allan. Introductory Notes and Editor’s preface by Phillip van Doren Stern. In Selected Tales and Poems. The Viking Portal Library, Penguin Books, 1993. Moore, R. â€Å"The Tell-Tale Heart: Discussion.† 2002.Online. Internet. 11 November 2002. Available WWW: http://www.allpoe.com Murphy, Sally. â€Å"Poe’s Poetry.† 2002.Online. Internet. 12 November 2002. Available WWW: http://www.allpoe.com Meyers, Jeffrey. Edgar Allan Poe His Life and Legacy. New York: Macmillan Publishing Co., 1992. Peters, James. â€Å"Edgar Allan Poe.† April 1, 2002.http://www.island-of-freedom.com/POE.HTM Silverman, Kenneth. Edgar A. Poe: A Mournful and Never-Ending Remembrance. New York: Harper Collins Publishers, 1991. Death of Edgar Allan Poe. New Brunswick, NJ: Rutgers University Press, 1998

The Role of Transportation in the Development of Tourism

The Role of Transportation in the Development of Tourism Introduction The growth and development of tourism depends on transportation to a great extent. Although transportation and tourism development are, nevertheless, this paper has tried to demonstrate that the relationship between these two issues is somewhat controversial owing to the many schools of thought that are available.Advertising We will write a custom essay sample on The Role of Transportation in the Development of Tourism specifically for you for only $16.05 $11/page Learn More Nevertheless, new technologies in transportation has greatly improved tourism sector. The development of these newer technologies has come about because there is a growing demand for newer, faster and more efficient modes of travel. Development in transportation impacts on the mobility of individuals, not to mention that it influences their demand and motivation (Duval 2007). On the other hand, transportation may also impact negatively on tourism development owing to the iss ues of pollution, destruction of the environment and wildlife, and congestion. The paper attempts to examine the role of transportation in tourism development. Role of Transport in Tourism Development The role played by transportation in tourism development remains controversial mainly because there are various schools of thoughts regarding its role in comparison with development. Some schools of thought have for example sought to categorize the role of transportation in tourism into negative, positive, and neutral. With regard to the positive perspective, transportation is seen as a key driver of the tourism industry. On the other hand, the neutral perspective holds that transportation facilities may not yield productive tourism activities on their own.Advertising Looking for essay on transportation? Let's see if we can help you! Get your first paper with 15% OFF Learn More In contrast, the negative point of view seeks to examine circumstances under which tr ansportation might lead to an in the spread of disease, increased migration, or a reduction in per capita income levels (Musa Ndawayo 2011). Many scholars have expressed conflicting views on the issue of the role of transportation in tourism development, but most of them prescribe to the base structure described above. Nevertheless, there is compelling evidence to support the claim that transportation plays a crucial role in the development of the tourism industry in any given economy. At the same time, there are many common interests shared by both the transportation and tourism sectors. As such, the two sectors appear to be somewhat interdependent (Musa Ndawayo 2011). As the tourism industry expands, this interdependence begins to become more apparent, not least because the sector plays a key role in the economic development of a country. A lot of scholars contend that the infrastructure base of any nation acts as a determining factor of how attractive tourist destinations in su ch a country are. With regard to specific transport infrastructure, charged with the responsibility of offering vital transportation services, we can rightly assume that transportation plays a key role in this respect. In their work, Khadarooa and Seetanahb (2008) have identified the role played by transportation network in the growth of a country’s tourism sector. They see transportation network as a vital ingredient for the successful development of the tourism sector.Advertising We will write a custom essay sample on The Role of Transportation in the Development of Tourism specifically for you for only $16.05 $11/page Learn More The authors have further noted that transport is a key component in our quest to create and develop successful new tourist attractions sites. Transportation is also important in terms of promoting the growth and development of existing tourist destinations. It is important to note that by providing ideal transportation ser vices to hitherto dead centers for tourist attraction, we are likely to transform them into active and successful; tourist destinations and in the process, we could end up witnessing multitudes of people paying visits to such sites every year. Prideaux (2000) has also recognized the role played by transpiration infrastructure in tourism development. Even as many authors have recognized the importance of efficient transport as a prerequisite for the successful implementation of a tourism development program, there is not much work that has been carried out to explore the role played by transportation in tourism development. Only a limited number of researchers have dedicated their research to studying the impact of transportation on tourism development. Majority of the tourism studies appear to define the link between tourism and transport with regard to the issuer of accessibility. In this case, transport acts as a link between on the one hand, tourist destination centers and on the other hand, tourist generating centers. A number of authors have explored the historical background of tourism within the context of how different modes of transportation have been developed over the years. Others have deemed it necessary to view transportation from an interdisciplinary approach, in which case it acts as one among several elements which when combined forms the tourism system (Palhares 2003, p. 405).Advertising Looking for essay on transportation? Let's see if we can help you! Get your first paper with 15% OFF Learn More A number of researchers have also developed and tested various models of tourism flows, although the role of transportation has been quite limited. We also have other scholars who views transportation form the geographical context and examine the flow of tourists between rural and metropolitan destinations. Tourism involves a lot of travelling and in this case, transportation links tourists with different tourist destinations, in addition to ferrying goods and services. As such, transportation plays a crucial role in tourism development. In a bid to demonstrate that tourism and transportation are interconnected, we need to realize that once transportation in a given tourism region has been improved, we end up expanding tourism in such a region. We have a number of scholars who view transportation as part of the larger tourism system which plays a key role in ensuring that tourists get to the desired destinations. This means that transportation is seen as only a means to enable such tourists to get to the desired tourist destination and once they are finished with their expeditions, they are ferried back to their place of residence. According to Page and Lumsdon (2004), the system of transport available at a given tourist destination affects the experience of tourists, and this may perhaps explain the manner in which people decide to travel, as well as their choice of holiday destinations, types of holiday, and mode of transport. The development of tourist destination relies heavily on transport networks. This is the case especially with regard to the issues of connectivity and accessibility (Duval 2007). As such, the scope and pattern of tourism is eventually determined by the degree of connectivity and accessibility within a given transport network. For example, the United States is a key market of tourist destinations in New Zealand. The host country has benefited from the non-stop and long-haul air services that the US provides. In the same way, the United States operates nonstop air flights from key urban areas such as New York and Washington, D.C to the Caribbean, another tourist destination. This is a clear indication that as the efficiency and availability of transportation increases, so does the number of tourists to a given destination. Some tourist destinations have largely remained unpopular in the past simply because they could not be accessed easily as the transport infrastructure was either unavailable or very poorly developed (Sorupia 2005). However, with improvements in transportation, coupled with reduced transportation costs, accessibility to such areas has increased dramatically. In the process, such areas have continued to attract a large number of tourists all year round. It is important however to remember that the level of accessibility to tourism sites will differ depending on the state of the existing transport infrastructure, nature of the site, as well as how efficient the public transport system in use is. Tra nsportation could also impact negatively on tourism development. For example, it could pose a threat to the environment and consequently, hinder tourism development. With regard to land transportation, both road and rail transport affects the habitat and by extension, the wildlife. This is because the two mode of transport traverse natural areas, in effect dividing hitherto contiguous areas. In addition, emissions from air and road transport remain by far the most widespread sources of greenhouse gasses (Peters 2000). Noise and air pollution in the form of engine noises from motor vehicles, planes, overhead cable carts, and constructions can all have negative ramifications on wildlife, thereby impacting negatively on the tourism sector. Moreover, pollution also affects the natural habitat and may end up driving tourists away as the tourist destination in question is no longer attractive. On the issue of access and modes of transport, it is important to note that both tourism and acc essibility could be connected with the degradation levels of a given tourist destination. Some of the matters arising from such an association include the impacts per capita, carrying, as well as visitor management. The way in which we are able to manage these issues is an indication of the mode of tourism that the community, the government, and the operator advocate for (Page Lumsdon 2004). Therefore, accessibility can ensure the success or failure of a destination. One school of thought regarding this argument is that with a lot of people are likely to frequent a given tourist destination as accessibility increases. Consequently, the level of degradation increases, thereby affecting the state of natural resources. Another argument considers the ratio of host population to that of visits and the type and level of the impact created. It is important to ensure that such a ratio is maintained at a level that the local community is comfortable with in order to avoid any emerging confl ict on the issue of resources allocation. As the number of tourist visiting a given tourist destination increases, we are likely to witness increased rail and road congestion, not to mention the rise of air, road and noise pollution levels. In case the existing infrastructure is not sufficient to accommodate this increase, conflicts could emerge. Besides, an increase in the number of tourists would affect the environment and wildlife as well. Conclusion Although a lot of scholars have recognized the importance of efficient transport as a prerequisite for the successful implementation of a tourism development program, only a handful of studies have been dedicated to researching on the role of transportation in tourism development. There is a controversy surrounding the role of transportation in tourism development as there are divergent schools of thought regarding the issue in question. The schools of thought have sought to explore the positive, negative, and neutral role played by transportation in as far as tourism development is concerned. Nonetheless, both the transportation and tourisms sectors share some common interest and for this reason, they are interdependent. Transportation affects the mobility of tourists, in addition to influencing their demand and motivation to visit a certain tourist destinations. The successful development of new tourist destinations depends heavily on the accessibility and connectivity of the existing transport network. Transportation is also important in terms of promoting the growth and development of existing tourist destinations. On the other hand, transportation leads to pollution, and this can affect both the wildlife and the natural habitat, thereby driving tourism away. Also, improved transportation can result in massive migration, with a resultant increase in population and congested transport system. This may bring about conflict between the hosts and the tourists. Reference List Duval, D, 2007,Tourism and transport : modes, networks and flows, Channel View Publications, Bristol Khadarooa, J Seetanahb, B, ‘The role of transport infrastructure in international tourism development: A gravity model approach’, Tourism Management, vol. 29, pp. 831–840. Musa, I Ndawayo, B,’ The role of transportation in the development of tourism in Nigeria’, An international multidisciplinary journal of tourism, vol. 6, no.1, pp. 297-305 Page, S Lumsdon L, 2004, Tourism and transport: Issues and agenda for the new millennium, Elsevier, Boston. Palhares, GL 2003, ‘The Role of Transport in Tourism Development: Nodal Functions and Management Practices’, Journal of Tourism Research, vol. 5, no. 5, pp. 403–407. Peters, D, 2000, A sustainable transport convention for the new Europe. Earthscan Publications Ltd., London. Sorupia, E 2005, Rethinking the role of transportation in tourism, easts.info/on-line/proceedings_05/1767.pdf

Who Is Aleister Crowley The Truth About His Life and Work

Who Is Aleister Crowley The Truth About His Life and Work SAT / ACT Prep Online Guides and Tips The name â€Å"Crowley† has become synonymous with occultism, magic, and secret societies- but who was the man behind it all? Who was Aleister Crowley, really, and why has his name come to be synonymous with esoteric writings? In this article, we’ll discuss who Crowley was, including his life story, the many controversies he inspired, his connection with the occult, and all his famous writings. If you’ve ever wondered about the inspiration behind characters like Supernatural or Good Omens’ famed demons, it all comes back to one famed occultist. WhoIsAleisterCrowley? Aleister Crowley (pronounced CROW-lee), born Edward Alexander Crowley in 1875, was a famed writer, occultist, and hedonist known for practicing magick- this unique spelling not only differentiated his practices from stage magic, but also encompassed all actions leading toward a person’s destiny, or their â€Å"True Will.† Crowley’s Early Life Crowley was born to a preacher and spent the first part of his life as an evangelical Christian. His father died when he was 11, and Crowley’s beliefs changed quite quickly- soon, he started rebelling by not only questioning the Bible, but also by engaging in all kinds of activities that the church frowned upon. His behavior eventually led to his mother calling him â€Å"the beast,† which he adopted and embraced. By age 20, Crowley had adopted the name ‘Aleister,’ the Gaelic form of Alexander, as his new name. Crowley spent some time attending Cambridge University but dropped out before completing a degree. During his time in college, he considered a career in Russian diplomacy, but an illness caused him to reconsider. The illness also caused Crowley to think more philosophically about life and death, spurring him further toward the occult. He was known to be sexually promiscuous, primarily with women, but occasionally with men as well- most notably, fellow Cambridge student Herbert Jerome Pollitt. Pollitt and Crowley were not able to make their relationship last, as Pollitt was not interested in Crowley’s occult pursuits. Crowley deeply regretted the loss of their relationship, and his feelings were folded into his religious practice. Crowley Joins the Golden Dawn After leaving Cambridge in 1898, Crowley turned his attention toward hedonistic pursuits and his new involvement with the Hermetic Order of the Golden Dawn, a group dedicated to studying the paranormal and the occult. Over the year or so he was involved with the group, Crowley rose quickly through the ranks but found himself butting heads with prominent members, such as Irish poet W. B. Yeats. Some members of the organization found his hedonism off-putting as well as his bisexuality, and he was not permitted to join the higher ranks. Further infighting led to Crowley attempting to take control of certain parts of the Golden Dawn lodge, which discredited his remaining friends in the organization, particularly Samuel Liddell MacGregor Mathers. Crowley Forms the A∠´A∠´ After his time with the Golden Dawn, Crowley traveled the world, climbing mountains in Mexico and India while further developing his spiritual practice. In Paris, Crowley met Rose Kelly, who was set to be married to another man in an arranged marriage- the two instead married one another out of convenience in 1903, though they later fell in love. The two bonded over their mutual spiritualism, and during a meditation session, Rose reportedly passed on the message that Horus, an Egyptian god, was waiting for Crowley. Crowley pursued the idea, reportedly making contact in 1904 with a spirit named Aiwass who served as Horus’ messenger. During this contact, Aiwass is said to have dictated the text of what would later become The Book of the Law, or the sacred text of Thelema, to him. Crowley continued to travel the world, though Rose and their daughter, Lilith, remained behind. During this time, Rose developed a serious drinking problem and Lilith contracted typhoid, dying in 1906. Rose’s deteriorating mental health and their daughters’ death put increasing strain on their marriage, and the two divorced in 1909. Rose was later committed to an institution in 1911. Continuing his involvement in the occult, Crowley founded his own organization as a successor to The Hermetic Order of the Golden Dawn, called A∠´A∠´, in 1907. Though he already had a reputation, a public court case in which his former friend Mathers sued him for disclosing secrets of the Golden Dawn in his own work shot him to even greater stardom. His involvement with the occult got him branded as a Satanist, a reputation he was more than happy to play up. Crowley’s Influence Grows Much of Crowley’s income came from publishing, as he continued writing and releasing books of poetry. He also wrote numerous articles for Vanity Fair, which at the time was edited by his friend Frank Harris. His articles included "On the Management of Blondes" and "Three Great Hoaxes of the War." His influence grew throughout the early to mid-20th century, as his writings drew in more practitioners of Thelema. He even started his own abbey in 1920, where he and other Thelemites lived and worshiped, practicing sex magic and creating art. His hedonistic lifestyle continued, and he developed a significant heroin problem. After significant controversy resulting from the quality of living at the Abbey of Thelema, Crowley was branded as â€Å"the wickedest man in the world.† He was deported from Italy under Benito Mussolini’s rule, and again deported from France thanks to his reputation. His hedonistic lifestyle and continued travels led to him becoming destitute. He took on students and even attempted to sue people he believed had libeled him, and though he won some cases, the legal fees were too much. He was declared bankrupt in 1935. After a brief interest in converting Adolf Hitler to Thelema, Crowley began associating with prominent members of British intelligence, specificallyBritain's Naval Intelligence Division, including Ian Fleming and Roald Dahl. He died in 1947, with his funeral being labeled a Black Mass by the press. Why Is Crowley Significant? Aleister Crowley achieved a level of fame quite unlike any other occult figure of his kind. While figures like Mathers and Allan Bennett may have been higher up in famous organizations like the Golden Dawn, it’s Crowley’s name that’s remembered, immortalized on the cover to Sgt. Pepper’s Lonely Hearts Club Band and in Black Sabbath’s â€Å"Mr. Crowley.† Part of his fame no doubt comes from the influence of his philosophy. One of Thelema’s tenets, and one of Crowley’s major life mottos, was â€Å"Do what thou wilt shall be the whole of the Law.† Though there are multiple ways to interpret the meaning, one popular theory is that this motto, advocating for individualism alongside Thelema’s teaching that the world was approaching a new age, led into the cultural revolution of the sixties, which similarly embraced drug use and sexual liberation as a response to a straight-laced society. Many figures who helped catapult Crowley to posthumous fame, such as The Doors, The Beatles, Led Zeppelin, and Black Sabbath, all grew out of the countercultural movement of the 1960s, even if they were not active during that period. These icons of rock and pop culture helped solidify Crowley’s cultural relevance, but that’s only part of the story- there’s also much to be said about Crowley’s courting of controversy. Why Was Crowley So Controversial? It’s not hard to see why Crowley was a controversial figure; he was unabashedly bisexual in a time when that was frowned upon, he embraced rumors that he was a Satanist and child murderer, and he founded a religious organization that operated in opposition to dominant religions like Christianity. But it wasn’t just rumor that fueled his reputation- numerous events also convinced people that he was literally dangerous. One such event was the death of Raoul Loveday, a Thelemite who lived at Crowley’s Abbey of Thelema in Italy. According to Betty May, Loveday’s wife, Loveday drank a sacrificed cat’s blood. Other rituals included cutting themselves with razors if they used the pronoun ‘I.’ Loveday died while living in the Abbey after drinking from a polluted stream, prompting May to leave and tell the story to the press. It was this event that got Crowley branded as â€Å"the wickedest man in the world,† by John Bull, a British tabloid. But other events raised suspicions as well, such as when Crowley feuded with a mountaineering group as they tried to climb Kanchenjunga. The group eventually refused to climb any further, and though Crowley warned them that it would be dangerous to turn back, they did so- all of them, except Crowley, died in an accident. Crowley also exhibited some controversial political and social beliefs, such as his interests in Nazism and Marxist-Leninism or his misogyny and racism. Richard Spence and Tobias Churton have both suggested and that his controversial persona and numerous eccentricities were in fact adopted to hide his true purpose: that of a British spy. According to this theory, many of Crowley’s strange activities were done to throw people off the scent. He supposedly joined the Golden Dawn to gather information on Mathers, a Carlist, and that his attempted seizing of power was meant to discredit Mathers. Spence further suggested that some of Crowley’s travels were attempts to further British interests, such as searching for Mexican oil or monitoring the opium trade in China. Crowley was rejected from the British Naval Intelligence Division but did spend some time in the company of famed British spies. Other historians have noted Crowley’s involvement with George Sylvester Viereck and his paper The Fatherland, which aimed to keep the United States neutral during World War I. Though some have said that this was because he was a traitor to Britain, one biographer, Lawrence Sutin, has written that this was a coordinated attack on German credibility in New York. Sutin argues that, by pulling bizarre stunts and being hyperbolic, Crowley was actually acting under the wishes of British intelligence to discredit the Germans. Though it’s possible that Aleister Crowley’s â€Å"wicked† persona was an affectation to cover up his spy work, that theory isn’t what has drawn people to him. His contemporaries and later generations have long been interested in his connection with the occult, his storied life, and his many magickal writings. Aleister Crowley's Books Though Crowley is best known as the â€Å"wickedest man in the world,† his writings were his main source of income throughout his life. From poetry to religious texts, Crowley’s work is a large part of why he’s such an iconic figure today. Below you can see a list of his most important and popular publications: White Stains, 1898 Alice: An Adultery, 1903 Liber AL vel Legis (The Book of the Law), 1904 Collected Works of Aleister Crowley 1905–1907 Konx Om Pax: Essays in Light, 1907 Clouds without Water, 1909 Which is also Falsely Called BREAKS. The Wanderings or Falsifications of the One Thought of Frater Perdurabo, which Thought is itself Untrue. Liber CCCXXXIII [Book 333], 1912 The Equinox: Volume III, Number I, 1919 Diary of a Drug Fiend, 1922 The Confessions of Aleister Crowley : An Autohagiography, 1929 Moonchild, 1929 The Stratagem and other Stories, 1929 The Equinox of the Gods, 1936 Little Essays Toward Truth. 1938 Eight Lectures on Yoga, 1939 Liber OZ, 1941 The Book of Thoth: A Short Essay on the Tarot of the Egyptians, 1944 Magick Without Tears, 1954 Liber Aleph vel CXI: The Book of Wisdom or Folly, 1991 777 and Other Qabalistic Writings of Aleister Crowley The Law is for All Magick, Liber ABA, Book 4 The Vision and the Voice Famous Aleister Crowley Quotes Aleister Crowley, as a prolific writer and public figure, has a great number of memorable quotes. Some of his most famous include: â€Å"Black magic is not a myth. It is a totally unscientific and emotional form of magic, but it does get results - of an extremely temporary nature. The recoil upon those who practice it is terrific. It is like looking for an escape of gas with a lighted candle. As far as the search goes, there is little fear of failure! To practice black magic you have to violate every principle of science, decency, and intelligence. You must be obsessed with an insane idea of the importance of the petty object of your wretched and selfish desires. I have been accused of being a "black magician." No more foolish statement was ever made about me. I despise the thing to such an extent that I can hardly believe in the existence of people so debased and idiotic as to practice it.† - "The Worst Man in the World" in The Sunday Dispatch (2 July 1933) â€Å"Every man and every woman is a star.† - The Book of the Law (1904) â€Å"Do what thou wilt shall be the whole of the Law.† - The Book of the Law (1904) â€Å"The conscience of the world is so guilty that it always assumes that people who investigate heresies must be heretics; just as if a doctor who studies leprosy must be a leper. Indeed, it is only recently that science has been allowed to study anything without reproach.† - The Confessions of Aleister Crowley (1929) â€Å"The customer is usually wrong; but statistics indicate that it doesn't pay to tell him so.† - Magick Without Tears (1954) â€Å"Remember all ye that existence is pure joy; that all the sorrows are but as shadows; they pass are done; but there is that which remains.† - The Book of the Law (1904) â€Å"Happiness lies within one's self, and the way to dig it out is cocaine.† - Diary of a Drug Fiend (1922) What’s Next? Want to know more about early 20th century literature? Learn more aboutThe Great Gatsby's title and how it reflects the themes of the book! Like your literature with a twist of the occult? This analysis of the character of Abigail Williams inThe Cruciblecovers her role in the fictionalized Salem Witch Trials of the play. Aleister Crowley's writings are pretty dense- if you need some help understanding him, check out this collection of AP language and composition terms!

Peter pan and mary poppins Essay Example | Topics and Well Written Essays - 1250 words

Peter pan and mary poppins - Essay Example They both also allow a chance for adults and children alike to be children again, and go back to that time when nothing mattered except having fun. However, the two stories also have their subtle differences as well. It is true both of them contain high amounts of fantasy and neither of them are set in the real world, and both of them take place to some extent in London, however there are several different running themes that could come into conflict with each other if one was to compare and contrast the two stories. Peter Pan, also known as the Boy Who Never Grew Up originally started as a play back in the early nineteen hundreds. It was then adapted into a book under the title of Peter Pan and Wendy. The story follows the fantasy tale of Peter Pan, a boy who never grew up who lives in never land with the Lost Boys. He is assisted in his mischievous ways by his trusty fairy Tinker bell. The fantasy elements in Peter Pan help keep the story light and full of imagination, which is why it is often filed as a children's tales; and to some degree it is. But beneath the surface is a message that is just as important, if not more important for everyone to understand. Hidden behind the pirates and flying fairies is the message of love and staying true to yourself and true to your youth, and that is a message that every person, child and adult, can listen to and take advice from. This wanting to never ... This seems to be a somewhat subtle way of the author saying that you can shirk growing up as long as you want to, but you also have to be able to accept the responsibilities that come with not growing up. The characters of Peter Pan and Wendy also form literary foils of each other within the work of the novels. Where Peter represents the light heartiness and joys of child hood, Wendy seems to take on a more motherly role, as she has felt the pain and suffering that Peter ignores and doesn't let get to him. These two characters almost play off each other, as Peter and Wendy begin to learn a little more about each other, as well as a little more about how each other looks at life. And while all of this is going on, the evil Captain Hook represents the worrying adult, the darker side of growing up, and the constant fear of time and the next step. Romantic themes also run rampant in the story, with the hormones of Peter struggling with the different female archetypes represented in the story by Wendy, Tinkerbelle, and Tiger Lily. Most of these elements have been severely played down or removed in the later adaptations of this work, however they are clearly and strongly present in the original version of the tale. This subtle tale of love also parallels the feelings of growing up, and how Peter is reluctant to settle down with any of the women in his life and instead ops for the looseness he gets by being Never lands most eligible bachelor. Another subtle theme is often thought to be only done to limit the size of the cast, but the characters of Wendy's father and Captain Hook are often played by the same man. While this may hold little value in the book version of the tale, the subtle connections between these two character's effects on the plot and

The influence of birth order on personality Essay

The influence of birth order on personality - Essay Example The theory of Adler would not be applicable for those families that have more than 3 children as there is nothing stated for middle children (Carducci, 156-60). Independence is the main characteristic of the first-born children. Even if they were given the full attention of both parents upon birth, this will change once the second child is born. The attention that would be given by the parents would be divided between the 2 children. Much burden however can be felt by second born children as they are always in the shadow of the first born. There are signs of inferiority that were observed with second born children (Carducci, 156-60; Adler & Mairet, 96-110). Being the youngest child has its positive and negative influences in its personality. Positive effects would be that the youngest child would feel more pampering as there are more people that surround them. The presence of the parents and the older siblings would create a blanket of comfort for the youngest child. This factor could also have negative effect on the child’s personality. Being the youngest in the family, there are quite a number of fulfillments that they need to overcome and to outshine the older siblings to prove his or her capabilities. Most of the times this creates the sense of discouragement in a child and be carried through once the person steps to adulthood (Carducci, 156-60). There are families however that only has 1 child in the family. The only child theory states that these children do have the tendency to be pampered more and be accustomed of being the center of attention. Once this comfort and attention is not given to the child, there is a tendency of becoming more timid, passive and withdrawn. This is the total opposite of being the first born in a family with more than 1 child. The first born children are independent while the only child, though also a first born, is more withdrawn and dependent type of personality (Carducci, 156-60). These theories may be used in trying

The impact of the financial meltdown on the luxury fashion goods Dissertation

The impact of the financial meltdown on the luxury fashion goods market - Dissertation Example Be the epicenter of a financial crisis in any country like the United States, but its effect is felt in the other nations as well, quite similarly to the manner in which the global economic crisis of 2008 impacted the industrial sectors of the United Kingdom (Naude, 2009, p.19). The worldwide economic crisis of 2008 disturbed the basics of the luxury fashion commodities industry globally. To ride out the outburst, the, industry players countered to new user demands and, in the course, redefined the industry of luxury. There have been considerable changes and challenges faced by the luxury goods companies. The research would also include the case of a handbag designer in Paris, France, named Philippe Rousseau, who worked hard to push his business all through the crisis period. (Lauder Global Business Insight Report, 2010, p.9). Thus the rationale for the research is to understand the impact of the global financial crisis on the luxury fashion goods industry and analyze the way forward to online selling, which has been introduced by several luxury goods organizations as a new means of attracting consumers, in the recovering face of a global financial meltdown. 2) Literature Review: By the end of 2007, the world had penetrated into a recession or a financial meltdown the origin of which were mortgage and credit crisis, thereby leading to unemployment. Consumer confidence got destabilized, and this caused a cutback in the spending habits of the customers. The economic strain and the indecisive future also created a comprehensive change in the fashion industry leading to joblessness, curtails in expenses, termination plans for growth and development, or at times bankruptcies and closure of the business (Taylor & Weerapana, 2009, p.782). The luxury sector started facing saturation in the market with thinning demand. Sales of high finish fashion goods were confronted by the consumers’ inclination to explore and evaluate prices, and find thorough information bef ore buying. Designers started looking at partnerships with mass traders. Retailers and designers, in hunt of fresh clientele, pleaded to global apprehensions such as communally and environmentally accountable developed practice. It was by the end of the twentieth century that the industry started recovering and finding new ways of establishing their businesses again (Welters & Lillethun, 2011, p.111). Owing to the financial crisis, the middle class as well as many wealthy customers have been hit. Even those affluent groups who have not been individually affected by the crisis are changing their buying manners, a way of representatively taking part in the nationwide attempt and exhibiting harmony. In fact, the luxury sector gets more affected than other sectors by the consumers’ spending less on the products (Kapfere & Bastien, 2009). Philippe Roucou who is a handbag designer in Paris, has worked very hard to overcome the period of financial crisis. He started working for desi gner Gabrielle Cadet who designed hats and handbags, in 1988 and gradually became passionate for accessories  (philipperoucou, n.d.). His own business at present sells about 1500 handbags internationally per year. He is also involved in certain other businesses like a studio of his own. (Lauder Global Business Insight Report, 2010, p.9). In today’s world as a means of attracting more consumers, the fashion goods companies are coming up with online selling facilities for their customers (Caroll &

The Right Stuff by Tom Wolfe Essay Example for Free

The Right Stuff by Tom Wolfe Essay Tom Wolfe’s book, The Right Stuff, is about the lives of several pilots and astronauts who were involved in tests and experiments conducted by the United States after the Cold War. These experiments were in line with the space race between the United States and the then Union of Soviet Socialists Republic. These pilots were subjected to several experiments using experimental high speed aircrafts which are all rocket powered. Because of the complexity of the program, the pilots were tested and screened, and not all would pass these tests. The extensive nature of the research led to several effects on the pilots, their lives, and their families. In order to be chosen, or even to be just a part of the project, all of these people should possess one important aspect, which is known by many as â€Å"the right stuff†.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Because of tough competition with the USSR, the United States chose only the best of the best for their experimental projects like the Project Mercury. Many people tried out for several experiments, but eventually, some of them would have to go home, as some would be able to continue with the experiments. It is a very extensive project, as well has a very demanding endeavor. There are a lot of requirements, and if the people involved fail to have one of these requirements, they will more or less be out of the project. As Tom Wolfe puts it, the people who can only continue would be those who possess the â€Å"right stuff† (Wolfe).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Tom Wolfe’s book defines the right stuff as having all the requirements and passing all the necessary tests in order to be a pilot or a spaceman. But that is not all; the right stuff would also have to include a strong heart, perseverance, and courage. It is through the mixture of all these trains that one would be able to attain the â€Å"right stuff† that the project calls for.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   One important aspect of the right stuff is about bravery. Being in the project, one must be brave in order to remain there. It is now just man vs. other man in competing for a spot in the project, but also man vs. himself. He is responsible to his actions as well as his decisions, which is why he needs to be firm enough not to be swayed away by his fears. Also, it is not bravery wherein you just have to risk your life, as anyone could easily do that. Instead, he should be willing to be literally a lab rat, wherein anything can happen to him. Afterwards, he should be able to keep his cool, as well as retain his reflexes and the experience in order to do it again for the next day, then again the next day, until the research calls for it to stop.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   There were various tests that these pilots and astronauts would have to undergo over and over again – an infinite set of mind and body exhausting activities that would really put anyone to their limits. The whole process is compared to a stepped pyramid or a ziggurat, wherein one has to move along the high and steep steps in order to go up. Through this way, that person can prove that as he goes up, he really does deserve to be one of those who were elected to do the job, because they were the right ones and because they had the right stuff to begin with. Everyone aims for the top, no matter how steep it is, though everyone gets only one chance to prove that they really have the right stuff. It was something that not all man can do, and the ones who do it are really the best.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Tom Wolfe defines the right stuff as the culmination of every skill and every talent that a person has, provided that he passes every test that was set for him in order to qualify for the experiment. It is not pure brawns, or pure brains, but instead, it offers the best of everything. People possessing the right stuff really have to be good at many things, especially those which are greatly needed in the experiment. Works Cited: Wolfe, Tom. The Right Stuff. Farrar, Straus, and Giroux, 1979.

Essay --

According to Dmitry Medvedev, former Russian president, the average Russian drinks 18 liters (equivalent to 38 pints) of strictly vodka each year. Vodka is Russia’s favored drink and has a strong Russian history. Although vodka has provided a large issue to the economy due to the abuse of the substance, there are many good outcomes from the production of it with respect to jobs and tax revenue. The Russian government has tired to enforce multiple different ways of curbing the vodka consumption from the citizens, but they do not last. Russia has a large distribution of vodka around the world and the income keeps many Russians employed. For Russia, vodka is an occupation, pleasure and a devil, and a way of life. Vodka was introduced to Russia in the late 14th century and was known as the water of life. In 1386, an ambassador introduced the first vodka to the Grand Duke Dmitri Donskoy. The vodka was obtained by the purification of grape must and was thought of as a concentrate and a â€Å"spirit† of wine. This was the origination of other countries’ understanding of vodka being a spirit. The first vodka recipe ever made was by a Russian monk named Isidore in Moscow. He associated the drink as a â€Å"bread wine† unless it was a strong batch; in this case it would be known as â€Å"burning wine†. The word vodka was already being used at the time for herbal tinctures (an alcoholic extract from a plant or animal). The word was being used, but was not officially in writing. The liquid was officially named vodka after Empress Elizabeth used it in writing to regulate vodka distilleries on June 8th, 1751 (Wikipedia). With the creation of vodka, the countrywide struggle with alcoholism was established. The alcohol has caused the destruction of families,... ...ve their vodka not only for the taste and affects, but also to provide many of them with a way to have an income and place food on the table for their families. The consumption of vodka in Russia is among the highest in the world. Along with the consumption, Russia can be credited among the highest in the world for vodka production and sales. Alcoholism in Russia has become a large problem that needs to be taken care of. Political Leaders in Russia are devising ways to put a restraint on the amount of alcohol consumed by citizens. The outstanding demand for vodka in Russia has greatly helped the economy to thrive in business for families, a strong market, and state tax revenue. The decrease in consumption of alcohol will lower the efficiency of the market for vodka. Is the Russian government more worried about its’ citizens well being, or an efficient market.