Stefan’s Diaries Origins Chapter 16 Free Essays

It was the solitary hoot of an owlâ€a long, mournful soundâ€that made my eyes snap open. As my eyes acclimated to the diminish light, I felt a beating torment on my neck that appeared to keep time with the owl’s cries. What's more, unexpectedly I recalled everythingâ€Katherine, her lips stepped back, her teeth shimmering. We will compose a custom paper test on Stefan’s Diaries: Origins Chapter 16 or on the other hand any comparable theme just for you Request Now My heart beating as if I were passing on and being brought into the world all simultaneously. The horrendous agony, the red eyes, the dim dark of a dead rest. I looked around uncontrollably. Katherine, clad just in a jewelry and a basic muslin slip, sat just advances from me at the bowl, washing her upper arms with a hand towel. â€Å"Hello, drowsy Stefan,† she said teasingly. I swung my legs up and attempted to step out, just to end up tangled in the sheets. â€Å"Your face,† I jabbered, realizing I sounded crazy and had, similar to a town alcoholic staggering out of the bar. Katherine kept on running the cotton material along her arms. The face I’d seen the previous evening was not human. It had been a face loaded up with thirst and want and feelings I couldn’t even think to name. Be that as it may, in this light Katherine looked lovelier than any time in recent memory, flickering her eyes drowsily like a little cat after a long snooze. â€Å"Katherine?† I asked, constraining myself to investigate her eyes. â€Å"What are you?† Katherine gradually got the hairbrush on her end table, as though she had constantly on the planet. She went to me and started to run it through her rich locks. â€Å"You’re not apprehensive, are you?† she inquired. So she was a vampire. My blood went to ice. I took the sheet and wrapped it against my body, at that point snatched my breeches from the side of the bed and pulled them on. I immediately pushed my feet into my boots and yanked on my shirt, not thinking about my undershirt, still on the floor. Quick as lightning, Katherine was next to me, her hand grasping my shoulder. She was shockingly solid, and I needed to snap forcefully to torque myself away from her grip. When free, Katherine ventured back. â€Å"Shhh. Shhh,† she mumbled, as though she were a mother calming a youngster. â€Å"No!† I hollered, holding my hand up. I would not have her attempt to enchant me. â€Å"Y ou’re a vampire. You murdered Rosalyn. Y ou’re murdering the town. Y are malicious, ou and you should be stopped.† Be that as it may, at that point I got a quick look at her eyes, her huge, brilliant, apparently depthless eyes, and I held back. â€Å"You’re not afraid,† Katherine rehashed. The words reverberated in my brain, ricocheting around lastly taking habitation there. I didn't have the foggiest idea how or why it was in this way, yet in my true inner being, I out of nowhere wasn’t apprehensive. Yet at the same time †¦ â€Å"Y are a vampire, however. How might I withstand ou that?† â€Å"Stefan. Sweet, terrified Stefan. It will all work out. Y ou’ll see.† She measured her jaw in my grasp, at that point raised up on her pussyfoots for a kiss. In the close to daylight, Katherine’s teeth looked magnificent white and minuscule, and not at all like the small scale blades I’d seen the prior night. â€Å"It’s me. I’m still Katherine,† she stated, grinning. I constrained myself to pull away. I needed to accept that everything was the equivalent, however †¦ â€Å"Y ou’re considering Rosalyn, aren’t you?† Katherine inquired. She saw my surprised articulation and shook her head. â€Å"It’s characteristic that you’d figure I could do that, in light of what I am, yet I guarantee you, I didn't slaughter her. What's more, I never would have.† â€Å"But †¦ yet †¦, † I started. Katherine carried her finger to my lips. â€Å"Shhh. I was with you that night. Keep in mind? I care about you, and I care about those you care about. Also, I don’t know how Rosalyn kicked the bucket, however whoever did that†Ã¢â‚¬a blaze of outrage glimmered in her eyes, which, I understood just because, were spotted with goldâ€â€Å"they give us a terrible name. They are the ones who alarm me. Y might be terrified to walk ou during the night, however I am hesitant to stroll during the day, in case I be confused with one of those beasts. I might be a vampire, however I do show some kindness. If you don't mind trust me, sweet Stefan.† I made a stride back and supported my head in my grasp. My psyche spun. The sun was simply starting to rise, and it was difficult to tell whether the fog concealed a splendid sun or a day of mists. It was the equivalent with Katherine. Her lovely outside shrouded her actual soul, making it difficult to find out whether she was acceptable or detestable. I sunk intensely to the bed, not having any desire to leave and not having any desire to remain. â€Å"Y need to trust me,† Katherine stated, sitting ou down next to me and putting her hand on my chest so she could feel my heart beat. â€Å"I am Katherine Pierce. That's it, not much. I’m the young lady you looked for a considerable length of time after I showed up about fourteen days back. What I admitted to you is nothing. It doesn’t change how you feel, how I feel, what we can be,† she stated, moving her hand from my chest to my jawline. â€Å"Right?† she asked, her voice loaded up with desperation. I looked at Katherine’s wide earthy colored eyes and realized she was correct. She must be. My heart despite everything wanted her so much, and I needed to effectively ensure her. Since she wasn’t a vampire; she was Katherine. I got both of her hands, measuring them in my own. They looked so little and helpless. I brought her cool, sensitive fingers to my mouth and kissed them, individually. Katherine looked so terrified and uncertain. â€Å"Y didn’t murder Rosalyn?† I said gradually. Indeed, even as ou the sentence left my lips, I realized that it will generally be valid, on the grounds that my heart would break on the off chance that it weren’t. Katherine shook her head and looked at the window. â€Å"I could never murder anybody except if I needed to. Except if I expected to secure myself or somebody I cherished. What's more, anybody would murder in that circumstance, wouldn’t they?† she asked angrily, sticking out her jaw and looking so glad and helpless that it was everything I could don't to take her in my arms right at that point. â€Å"Promise you’ll stay discreet, Stefan? Guarantee me?† she asked, her dull eyes looking through mine. â€Å"Of course I will,† I stated, making the guarantee as a lot to myself with respect to her. I adored Katherine. What's more, truly, she was a vampire. But †¦ the manner in which the word came out of her mouth was so not quite the same as the manner in which it sounded when Father said it. There was no fear. On the off chance that anything, it sounded sentimental and secretive. Perhaps Father wasn't right. Perhaps Katherine was basically misconstrued. â€Å"Y have my mystery, Stefan. Also, you know ou what that means?† Katherine stated, tossing her arms around my shoulders and cuddling her cheek against mine. â€Å"Vous avez mon coeur. Y have ou my heart.† â€Å"And you have mine,† I mumbled back, which means each word. The most effective method to refer to Stefan’s Diaries: Origins Chapter 16, Essay models

Poverty and population Essay Example | Topics and Well Written Essays - 1750 words

Neediness and populace - Essay Example The outcomes by the UN show that Africa is confronting a blast in its populace, which is nearly quadrupling before this current century's over. The present fruitfulness pace of African Women is at 4.7. The inquiry emerging is that in the event that Africa can't take care of a billion people, how at that point would it be able to be in a situation to take care of four billion in future? This point is significant in the subject of worldwide regenerative wellbeing since with expanded populace and destitution; access to excellent medical clinic administrations may not be conceivable. Thus, childbearing ladies may experience the ill effects of different diseases of the regenerative frameworks (Avery, 2014). Besides, such ruined ladies living in vile conditions experience the ill effects of different undesirable pregnancies, explicitly transmitted contaminations, maternal handicaps and even passings, sex based viciousness and different issues that identify with the regenerative framework and unfortunate sexual practices. Africa needs to receive different techniques to manage their expanded populace development and destitution. They have to have better foundation, instruction framework, and social insurance framework. This is on the grounds that there is developing apprehensions that the expanding blast of the populace is probably going to exhaust what is left of the vegetation and the fauna of such African nations (Birdsall, Kelley, and Sinding, 2011). In this way, it is significant for the different systems to be set up to guarantee that destitution is diminished in a portion of these high populace nations. One of the fundamental techniques of destitution decrease is putting resources into conceptive soundness of ladies, instructing them and guaranteeing sex balance. This guarantees destitution decrease in a few different ways. One of them is empowering ladies to tolerate less youngsters in this way adding to an upward financial portability. Because of this, they animate monetary improvement in their nations. Also, ladies can arrange their regenerative wellbeing choices with their men (Ahlburg, Kelley, and Mason, 2009). This move guarantees that ladies can be in a position

Parenting Practices In The Past Three Generations - 1925 Words

Parenting Practices In The Past Three Generations (Research Paper Sample) Content: Parenting Practices In The Past Three GenerationsName:Course:Tutor:IntroductionParenting practicesÂdo vary from generation to generation. In this paperÂIÂwill discuss four differentÂparentingÂpractices andÂwill describe the difference in these four parenting practices over three generations.ÂParenting a child is considered as one of the most important rolesÂfor parentsÂbe they biological or foster, actually it is said that the person who does the parenting is more important than the one who brings forthÂthe childÂinto the world. Parenting is influenced by a number of factors that could range from culture, social economics, non-normative life events and cohortÂeffects. ÂAccording to Brittany Olivarez, parenting practices can fall in any of theÂprocessesÂthat parents go through while bringing up their children and the skills of parenthood are acquired throughÂtheirÂexperiences.ÂThere are no formal s chools that are established to teach parents on how to bring up their children but in every generation there are researchers who did some research on different parenting practices. Most researchers have found out that some parentingÂpractices andÂstyles continueÂfrom one generation to the nextÂwhile others haveÂchanged dramatically to newÂpractices in new generations. ÂParents have been able to make their decisions and choices based on what they hear from other people, what they see and also what they read from the written materials about parentingÂas well as how they were parented while growing up.ÂThe informationÂin this paperÂisÂfrom interviews of some of my family members and also some elders inÂmy church. Some information was also acquired from the written and published materials from various researchersÂand from our text.ÂUnfortunatelyÂI didnà ¢Ã¢â€š ¬t find any suitable parents and children to interview in Mexic o while there, but I did keep my eyes open. ÂThere are various factors that have influenced the changes in parenting practices over years.Some of them are the growing economy, new technology, education and increased levels of literacy, governmentÂprograms, and the information on parenting acquired through the internet,Âparenting classes,Âpublic media and books. Even with all the factors influencing change in parenting stylesÂand practices, it has been noted that the family behavior as an institution takes time to change as compared with other institutions and this makes it moreÂdifficult to measure the extent of change inÂfamily behaviors. It is very vital for any parent to learn good parenting styles and practices that will enable them bring up their children to be better human beings and more resourcefulÂ(Kotchick and Forehand, 2002).ÂBelow are four different parenting practices through three generations.Parenting practices throughÂthree gen erations Generation 1: 1900-1940 Generation 2: 1940-1980 Generation 3: Years1980-current Parenting Practice 1: Children were disciplined by elders and the parents ChildrenÂwere disciplined by elders and schools Children disciplined by parents Parenting Practice 2: breastfeeding was done by the mother breastfeeding was done by the mother Pumping andÂbaby formulas which have reduced breastfeeding Parenting Practice 3: Children slept with the family Children slept with either parents or in their own bed. Sometimes withÂsiblings Children sleeping in their own bed Parenting PracticeÂ4 Education was limited and there was a high level of illiteracy children start attending schoolsÂby 5 or 6 ChildrenÂattend pre-school at 2 and 3, and need to attend school until 16 years of age, most continue with school ÂDiscussionÂofÂthe parenting practicesÂin the chartCohort effects refers to, "When people who were born at about the same time, such as during a given year or a particular decade, share various characteristics as a group" (Interactive Glossary Definition, (n.d)).The chart above shows three generations from 1900 to current and some parental practices that were adopted in these generations. In the first generation which is between 1900 and 1940 children were very closely attached to their parents and almost every decision was made by the parent for the children. It was believed that the parent cannot harm what belongs to them and therefore there was no injustice done to a child by theÂparent sinceÂchildren were seen as property.ÂIn this sense a child would not stand to claim that their parents have done injustice or neglected their rights towards them hence childrenà ¢Ã¢â€š ¬s rights were looked down upon.ÂThis parenting practice hasÂchanged with the new generations whereby children have more rights and are allowed to make their own decisions. In the current generation, a child has a right to sue their par ents for neglecting their parental duties like providing the child with basic necessities like education, food and shelter. The change ofÂthis parenting practiceÂhas been influenced majorly by introduction of some government policies that protect childrenà ¢Ã¢â€š ¬s rights (Kotchick and Forehand, 2002) such as the Department of Human Services, and the Child Welfare Division. ÂAlso, in todayà ¢Ã¢â€š ¬s world, there are Mandatory Reporting Laws andÂ48 states have mandatory reporters. Social Workers, Teachers, other school personnel, physicians and other health care workers, counselors, therapists and other mental health professionals, child care providers, law enforcement are some of the individuals required to report (}During the early generations, it was the responsibility of every elder person to discipline any child who is doing wrong. The role of disciplining a child was not only played by the parents but also the people in the society. This parenting practice h elped the society to instill discipline to every member of the society and children would have respect not only for their parents but also for the people in the society, and theÂ"spare the rod, spoil the child" school of thought. ÂIn the second generation, some parents had their children enrolled in schools and the teachers would have a duty to teach as well as discipline the children. In the current generation the role of disciplining the children lies upon the parentà ¢Ã¢â€š ¬s hands and not childà ¢Ã¢â€š ¬s elder people in the society. In fact, some parents would sue anyone who tries to discipline their child. The government has an influence on this as well as the growth of levels of education whereby parents feel that they are solely responsible for disciplining their children.ÂÂGrounding and reward systems are more in place now andÂparents and teachers use time-out as a consequence.The other parentingÂpractice is the issue of breastfeeding. In the firs t generation the parents would feed their children through breastfeeding them. This is one of the parenting styles that have been passed through all the generations though it has also changed a bit in the current generation. In the new era most parents haveÂjobsÂoutside the homeÂwhereby both the father and the mother are working. Due to the strict time schedule,Âmothers are given limited time for their maternity periodÂso they breastfeed only forÂa short time, and then need to pump while at work or theyÂintroduce their child formulaÂrather than the mothersà ¢Ã¢â€š ¬ milk. This change has occurred due to the different living styles and the hard economic times that have forced people in combining efforts to work and earn a living (Bornstein, 2002).The other parenting practice that was pinpointed is the issue of education. During the early generation most children stayed at home and helped their parents with household chores especially the girl child. T he society believed that education was majorly for men who were the sole bread winner of the family. Most of the boys attended schools while girls stayed at home and were even forced to early marriages so as to earn their parents some wealth through dowry. This parenting style has changed with time whereby the current generation values girl child educatio... Parenting Practices In The Past Three Generations - 1925 Words Parenting Practices In The Past Three Generations (Research Paper Sample) Content: Parenting Practices In The Past Three GenerationsName:Course:Tutor:IntroductionParenting practicesÂdo vary from generation to generation. In this paperÂIÂwill discuss four differentÂparentingÂpractices andÂwill describe the difference in these four parenting practices over three generations.ÂParenting a child is considered as one of the most important rolesÂfor parentsÂbe they biological or foster, actually it is said that the person who does the parenting is more important than the one who brings forthÂthe childÂinto the world. Parenting is influenced by a number of factors that could range from culture, social economics, non-normative life events and cohortÂeffects. ÂAccording to Brittany Olivarez, parenting practices can fall in any of theÂprocessesÂthat parents go through while bringing up their children and the skills of parenthood are acquired throughÂtheirÂexperiences.ÂThere are no formal s chools that are established to teach parents on how to bring up their children but in every generation there are researchers who did some research on different parenting practices. Most researchers have found out that some parentingÂpractices andÂstyles continueÂfrom one generation to the nextÂwhile others haveÂchanged dramatically to newÂpractices in new generations. ÂParents have been able to make their decisions and choices based on what they hear from other people, what they see and also what they read from the written materials about parentingÂas well as how they were parented while growing up.ÂThe informationÂin this paperÂisÂfrom interviews of some of my family members and also some elders inÂmy church. Some information was also acquired from the written and published materials from various researchersÂand from our text.ÂUnfortunatelyÂI didnà ¢Ã¢â€š ¬t find any suitable parents and children to interview in Mexic o while there, but I did keep my eyes open. ÂThere are various factors that have influenced the changes in parenting practices over years.Some of them are the growing economy, new technology, education and increased levels of literacy, governmentÂprograms, and the information on parenting acquired through the internet,Âparenting classes,Âpublic media and books. Even with all the factors influencing change in parenting stylesÂand practices, it has been noted that the family behavior as an institution takes time to change as compared with other institutions and this makes it moreÂdifficult to measure the extent of change inÂfamily behaviors. It is very vital for any parent to learn good parenting styles and practices that will enable them bring up their children to be better human beings and more resourcefulÂ(Kotchick and Forehand, 2002).ÂBelow are four different parenting practices through three generations.Parenting practices throughÂthree gen erations Generation 1: 1900-1940 Generation 2: 1940-1980 Generation 3: Years1980-current Parenting Practice 1: Children were disciplined by elders and the parents ChildrenÂwere disciplined by elders and schools Children disciplined by parents Parenting Practice 2: breastfeeding was done by the mother breastfeeding was done by the mother Pumping andÂbaby formulas which have reduced breastfeeding Parenting Practice 3: Children slept with the family Children slept with either parents or in their own bed. Sometimes withÂsiblings Children sleeping in their own bed Parenting PracticeÂ4 Education was limited and there was a high level of illiteracy children start attending schoolsÂby 5 or 6 ChildrenÂattend pre-school at 2 and 3, and need to attend school until 16 years of age, most continue with school ÂDiscussionÂofÂthe parenting practicesÂin the chartCohort effects refers to, "When people who were born at about the same time, such as during a given year or a particular decade, share various characteristics as a group" (Interactive Glossary Definition, (n.d)).The chart above shows three generations from 1900 to current and some parental practices that were adopted in these generations. In the first generation which is between 1900 and 1940 children were very closely attached to their parents and almost every decision was made by the parent for the children. It was believed that the parent cannot harm what belongs to them and therefore there was no injustice done to a child by theÂparent sinceÂchildren were seen as property.ÂIn this sense a child would not stand to claim that their parents have done injustice or neglected their rights towards them hence childrenà ¢Ã¢â€š ¬s rights were looked down upon.ÂThis parenting practice hasÂchanged with the new generations whereby children have more rights and are allowed to make their own decisions. In the current generation, a child has a right to sue their par ents for neglecting their parental duties like providing the child with basic necessities like education, food and shelter. The change ofÂthis parenting practiceÂhas been influenced majorly by introduction of some government policies that protect childrenà ¢Ã¢â€š ¬s rights (Kotchick and Forehand, 2002) such as the Department of Human Services, and the Child Welfare Division. ÂAlso, in todayà ¢Ã¢â€š ¬s world, there are Mandatory Reporting Laws andÂ48 states have mandatory reporters. Social Workers, Teachers, other school personnel, physicians and other health care workers, counselors, therapists and other mental health professionals, child care providers, law enforcement are some of the individuals required to report (}During the early generations, it was the responsibility of every elder person to discipline any child who is doing wrong. The role of disciplining a child was not only played by the parents but also the people in the society. This parenting practice h elped the society to instill discipline to every member of the society and children would have respect not only for their parents but also for the people in the society, and theÂ"spare the rod, spoil the child" school of thought. ÂIn the second generation, some parents had their children enrolled in schools and the teachers would have a duty to teach as well as discipline the children. In the current generation the role of disciplining the children lies upon the parentà ¢Ã¢â€š ¬s hands and not childà ¢Ã¢â€š ¬s elder people in the society. In fact, some parents would sue anyone who tries to discipline their child. The government has an influence on this as well as the growth of levels of education whereby parents feel that they are solely responsible for disciplining their children.ÂÂGrounding and reward systems are more in place now andÂparents and teachers use time-out as a consequence.The other parentingÂpractice is the issue of breastfeeding. In the firs t generation the parents would feed their children through breastfeeding them. This is one of the parenting styles that have been passed through all the generations though it has also changed a bit in the current generation. In the new era most parents haveÂjobsÂoutside the homeÂwhereby both the father and the mother are working. Due to the strict time schedule,Âmothers are given limited time for their maternity periodÂso they breastfeed only forÂa short time, and then need to pump while at work or theyÂintroduce their child formulaÂrather than the mothersà ¢Ã¢â€š ¬ milk. This change has occurred due to the different living styles and the hard economic times that have forced people in combining efforts to work and earn a living (Bornstein, 2002).The other parenting practice that was pinpointed is the issue of education. During the early generation most children stayed at home and helped their parents with household chores especially the girl child. T he society believed that education was majorly for men who were the sole bread winner of the family. Most of the boys attended schools while girls stayed at home and were even forced to early marriages so as to earn their parents some wealth through dowry. This parenting style has changed with time whereby the current generation values girl child educatio...

Acquisition of Wyeth by Pfizer - Free Essay Example

Sample details Pages: 6 Words: 1823 Downloads: 7 Date added: 2017/06/26 Category Economics Essay Type Case study Did you like this example? Financial Management Acquisition of Wyeth by Pfizer Table of Contents 1Introduction 2Strengthening of Market Position 3Operational and Economic Benefits 4Financial Benefits 5Conclusion References 1 Introduction Neo-classical theories see mergers and acquisitions (MAs) as efficiency improvement measure taken by the organizations in response to industry challenges such as deteriorating profitability, reducing market share, duplication of resources, stringent industry regulation etc. (Jovanovic and Rousseau, 2002). However, neo-classical theory alone cannot describe a wide range of reasons that force the companies to merge together or adopt an acquisition strategy (horizontal or vertical acquisition) to obtain or sustain a competitive advantage by achieving synergy, diversify business portfolio to distribute risk, attain growth, increase bargaining power with buyers and suppliers or to simply eliminate competition (Marks Mirvis, 2013). This paper will discuss the case of biggest acquisition in the pharmaceutical industry with the acquisition of Wyeth by Pfizer in January 2009 for $68 billion, the second biggest acquisition in the history of corporate America since ATT and BellSouths US$7 0 billion deal in March 2006 (Pfizer, 2009). The acquisition of Wyeth was a cash-and-stock transaction valued, based on the closing market price of Pfizerà ¢Ã¢â€š ¬Ã¢â€ž ¢s common stock on the acquisition date, at $50.19 per share of Wyeth common stock (Pfizer, 2009). At the time of this acquisition Wyeth was generating $22.4 billion in sales with a bottom line of $4.6 billion and Pfizer generated net revenues of $48.3 billion and the net income of $8.1 billion (Pfizer, 2008). The completion of acquisition in October 2009 made Pfizer the largest pharmaceutical company in the world with potential savings of $4 billion from the usage of common resources and elimination of inefficiencies in the supply chain. However, under this deal Pfizer had to repatriate billions of revenue dollars from foreign subsidiaries to the US, resulting in higher tax costs and waste of value (Pfizer, 2009). This merger was also criticized by Harvard University Professor Gary Pisano, who commented on this news à ¢Ã¢â€š ¬Ã…“the record of big mergers and acquisitions in Big Pharma has just not been good. Thereà ¢Ã¢â€š ¬Ã¢â€ž ¢s just been an enormous amount of shareholder wealth destroyedà ¢Ã¢â€š ¬Ã‚  (Karnitschnig Rockoff, 2009). A quick comparison of the two companies at the time of announcement of acquisition is shown in figure-1 and various aspects of this acquisition and the benefits reaped by Pfizer are critically analyzed in the following sections. Figure 1 Comparison of Pfizer and Wyeth in 2009. Source: Karnitschnig Rockoff (2009) Don’t waste time! Our writers will create an original "Acquisition of Wyeth by Pfizer" essay for you Create order 2 Strengthening of Market Position The biopharmaceutical industry is a major source of medical innovation, where RD drives the success of the company and also constitutes almost 17-25% of its expenses (Danzon, 2014). The pharma industry is highly competitive due to stringent regulations and longer times to market their drugs as they seek approval from relevant governmental agencies (for example Food and Drug Administration à ¢Ã¢â€š ¬Ã¢â‚¬Å" FDA in the USA) that set the safety, efficacy and quality of manufacturing as a prerequisite to market the drug to consumers (Danzon, 2014). Other industry challenges include the loss or expiration of intellectual property rights that allow low cost generic brands to enter the market and drive down the prices, the pipeline productivity, pricing and access pressures and increasing competition among branded products (Pfizer, 2009). So, in response to these challenges in the operating environment Pfizer made an attempt to strengthen its market position by acquiring Wyeth that en abled the company to diversify its product portfolio with the inclusion of vaccines, biologics, small molecules and nutrition across developed and emerging markets. This synergistic effect is shown in figure-2. Figure 2 Synergies from the acquisition of Wyeth by Pfizer. Source: NYTimes (2009) Despite the criticism surrounding the merger of two pharma giants and the unfavorable economic conditions amid global economic downturn, the Wall Street and the major banks supported this is acquisition because of beneficial market position and lent $26 billion to support the acquisition deal (NYTimes, 2009). With this acquisition, Pfizer has consolidated its position as the market leader by entering previously untouched market segments pertaining to oncology, pain, inflammation, Alzheimerà ¢Ã¢â€š ¬Ã¢â€ž ¢s disease, psychoses and diabetes, as well as the critical technologies of vaccines and biologics. This acquisition will also help Pfizer to achieve its aim to become the top-tier biotherapeutics company by 2015 and it will also gain growth in emerging markets of Brazil, India, Russia and China (Pfizer, 2009). 3 Operational and Economic Benefits The literature points to the fact that horizontal MAs, such as Pfizer-Wyeth, achieve more operating efficiencies and economies of scale than vertical ones (Maksimovic and Phillips, 2001). The operational and economic benefits have also been recognized by the chief executive of Pfizer, Jeffery B. Kindler who commented à ¢Ã¢â€š ¬Ã…“Our combined company will be one of the most diversified in the industry and will benefit from complementary patient-centric units that match speed with the benefits of a global companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s scale and resourcesà ¢Ã¢â€š ¬Ã‚  (NYTimes, 2009). Firstly, Pfizer expects to save $4 billion annually by combining and streamlining its operations with Wyeth due to lower and more flexible cost base for the combined operations that helped in cutting down the production overhead, RD, and the number of employees (NY Times, 2009, Pfizer, 2009). Secondly, the infusion of new ideas, perspectives and processes can produce lasting benefits that are broader and deeper than initially expected by the companies (Vermeulen, 2005). In this case, the existing patents and the ongoing research at Wyeth added complementary capabilities to Pfizer, which benefitted from diversified product portfolio of consumer and nutritional drugs (Stempel Schiffer, 2009). This acquisition will also help the company in depicting higher performance in innovation and technological knowledge generation, resulting in higher quality drugs in future (Makri et al., 2010). The operational and economic benefits of this acquisition can also be shown through the ratio analysis of Pfizer before and after acquisition as shown in figure-3 and figure-4. Figure 3 Profit Margins of Pfizer before and after acquisition of Wyeth in 2009. Source: Financial statements of Pfizer from 2008 2012 Figure 4 ROA and ROE of Pfizer before and after acquisition of Wyeth in 2009. Source: Financial statements of Pfizer from 2008 à ¢Ã¢â€š ¬Ã¢â‚¬Å" 2012 It can be seen in bot h the aforementioned figures that all the performance metrics fell immediately after acquisition, but over next three years the performance measures met or exceeded their initial values before acquisition, thereby pointing to cost savings, reduction in inefficiencies, increase in productivity, enhanced operational performance, better asset utilization and increased profitability. 4 Financial Benefits Stock markets often behave irrationally or inappropriately to the news of acquisition, especially, when it involves large companies, but the evidence shows that if an acquirer makes a cash offer to purchase the company; it ends up earning longà ¢Ã¢â€š ¬Ã¢â‚¬Å"run abnormal returns due to non-dilution of earnings per share (EPS), as compare to stock offerings that earn negative long-run abnormal returns (Loughran Vijh, 1997). Under the deal of this acquisition the Pfizer paid $50.19 per share of Wyeth using a mixed structure of cash and equity à ¢Ã¢â€š ¬Ã¢â‚¬  $33 a share in cash and 0.985 Pfizer shares worth $17.19 a share based on Pfizerà ¢Ã¢â€š ¬Ã¢â€ž ¢s closing price, and paid almost 29% premium over the actual company valuation per share (Karnitschnig, 2009). This deal was immediately appreciated by the stock market resulting in the shares of Wyeth to increase by 12.96% (by $4.91) and the shares of Pfizer to climb by 1.4% or 24 cents (Karnitschnig, 2009). The acquisition of Wyeth has highly beneficial to Pfizer financially, because Pfizer was facing a pressing challenge of its patent (or exclusivity) expiration of Lipitor, a cholesterol lowering drug that accounted for almost 25% of its revenue stream as being the best cholesterol control in the world. Although, the loss of exclusivity on this drug in 2011 costed Pfizer a projected loss of $12 billion, not much has been solved with the acquisition of Wyeth as 14 other drug patents are scheduled to expire in 2014 with a projected loss of $35 billion (Pfizer, 2010). However, some of these lost revenues have been compensated by the legacy drug brands of Wyeth as the revenues of Pfizer in 2010 increased by 36% to $67.8 billion, compared to $50.0 billion in 2009. This financial growth was achieved due to the inclusion of revenues from legacy Wyeth products for a full year in 2010 compared to part of the year in 2009, which favorably impacted revenues by $18.1 billion or 37% (Pfizer, 2010). The silver li ning in this discussion is that such challenges are not unique to Pfizer and its competitor drug makers Merck, Bristol Myers Squibb and Eli Lilly are all facing their own patent losses in the next couple of years. Despite these financial benefits, Pfizer has faced a major cost of acquisition in the form of added taxes resulting from the repatriating the billions of dollars in the US as a part of acquisition deal and this resulted in the effective tax rate increase from 17% in 2008 to 20.3% in 2009 amounting to $2.1 billion in taxes in 2009 up from $1.6 billion in 2008 (Pfizer, 2009). 5 Conclusion In conclusion, the financial performance metrics are an obvious indicator of success of this acquisition as the company has successfully created value for its shareholders and has gained sustained market advantage in prevailing highly competitive operating environment. Although, in doing so the company has destroyed some value due to increased tax burden and the threat of loss of revenue due to expiring patents still looms at large, the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s increased capability to invest in RD and develop next breakthrough drug (like Lipitor) will be the sole decider of its future performance. References Danzon, P. (2014).Economics of the Pharmaceutical Industry. [ONLINE] Available at:https://www.nber.org/reporter/fall06/danzon.html. [Accessed 13 February 2014]. Jovanovic, B., Rousseau, P. (2002). The q-theory of mergers. American Economic Review, 92, 198à ¢Ã¢â€š ¬Ã¢â‚¬Å"204. Karnitschnig, M, Rockoff, J. D. (2009). Pfizer in Talks to Buy Wyeth WSJ.com. [ONLINE] Available at: https://online.wsj.com/news/articles/SB123268511212809429. [Accessed 13 February 2014]. Karnitschnig, M. (2009).Pfizer to Pay $68 Billion for Wyeth WSJ.com. [ONLINE] Available at:https://online.wsj.com/news/articles/SB123293456420414421. [Accessed 13 February 2014]. Loughran, T., Vijh, A., 1997. Do long-term shareholders benefit from corporate acquisitions? Journal of Finance, 52, 1765à ¢Ã¢â€š ¬Ã¢â‚¬Å"1790. Maksimovic, V., Phillips, G., 2001. The Market for Corporate Assets: Who Engages in Mergers and Asset Sales and Are There Efficiency Gains? Journal of Finance, 56(6), 2019à ¢Ã¢â€š ¬Ã¢â‚¬ Å"2065. Makri, M., Hitt, A. M., Lane, P. J. (2010). Complementary Technologies, Knowledge Relatedness, and Invention Outcomes in High Technology Mergers and Acquisitions. Strategic Management Journal, 31(6), 602-628. Marks, M. L., Mirvis, P. H. (2013). The merger syndrome.Mergers Acquisitions: A Critical Reader, 149. NYTimes (2009). Pfizer Agrees to Pay $68 Billion for Rival Drug Maker Wyeth. [ONLINE] Available at: https://www.nytimes.com/2009/01/26/business/26drug.html?pagewanted=all_r=2. [Accessed 13 February 2014]. Pfizer (2008). Pfizer 2008 Financial Performance Overview. [ONLINE] Available at: https://www.pfizer.com/files/annualreport/2008/financial/financial2008.pdf. [Accessed 13 February 2014]. Pfizer (2009). Pfizer Wyeth 2009 Financial Performance Overview. [ONLINE] Available at: https://www.pfizer.com/files/annualreport/2009/financial/financial2009.pdf. [Accessed 13 February 2014]. Pfizer (2010). Pfizer Wyeth 2009 Financial Performance Overview. [ONLINE] Available at: https://www.pfizer.com/files/annualreport/2010/financial/financial2010.pdf. [Accessed 13 February 2014]. Stempel, A. S., Schiffer D., 2009. Pfizer-Wyeth: Lessons from the First Major Merger Review of the Obama Administration. The Threshold ¸ Vol. XI(1), 6-96. Vermulen, F. (2005).How Acquisitions Can Revitalize Companies | MIT Sloan Management Review. [ONLINE] Available at: https://sloanreview.mit.edu/article/how-acquisitions-can-revitalize-companies/. [Accessed 13 February 2014]. Page 1 of 10

The Most Important Resource Ever Essay - 1488 Words

I am the most important resource ever. I cannot be created, destroyed, replicated, stored, distributed or reproduced. I come and go yet, I am constant. My existence, at least to the that you all can conceptualize me, began spontaneously with the inception of being in the Big Bang. Since then, I have seen the evolution and destruction of civilizations across the infinite cosmos, but I’ve always been partial to those of Earth. The manner in which humans manage to build these civilizations that build off of one another is simply beautiful. These empires may be small and brief but, bring its successors lessons and innovations that allow them to be that much greater. What is even more fascinating about these empires is that their advancement or demise is dependent upon moments and the decisions of men and women of ambition. Also, the manner in which they record history is unlike any other beings in all of the cosmos. The victor gets to dictate the narrative, often inhibiting those who are relayed the story of past endeavors from hearing the true extent of their predecessors’ actions. It is truly genius. For these reasons, my favorite empire is the Roman Empire of the Mediterranean. The story of the Empire’s establishment is a favorite of mine. The battle of Actium that lead to Caesar Augustus’(Octavian at the time) absolute rule over the Roman Empire is one that has stood my test. The Roman Empire truly began in Earth’s 4542998015th revolution of its Sun, or as humans call itShow MoreRelatedEssay The Challenge of Developing Successful Leaders 1237 Words   |  5 PagesIntroduction Obtaining and developing effective leaders in an organization remains an ever-present concern for the success of the organization, and it is inevitable that current leaders will retire, become promoted, or potentially make a decision to accept a position at another company. 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Psychodynamic view Essay Example For Students

Psychodynamic view Essay The main aspect of the psychodynamic theory is that behavior is directed by forces within ones personality, but is usually hidden in the subconscious. According to Sigmund Freud, behavior is caused by unconscious thoughts, impulses and desires. He also theorized that many of our unconscious thoughts are too hard for us to deal with and so are repressed. Many of Freuds theories seem either extreme or brilliant, but I cant make up my mind about this one. I dont think that people walk around like zombies letting their subconscious decide how they should act out. I do believe that people repress memories or feelings about those memories which have some bearing on a persons behavior, although it is not the main aspect of why a person acts or behaves the way they do. I do consent to the idea of peoples inner feelings or conflicts that have been repressed, coming out in dreams, but Freud also believes that a slip of the tongue is not just an accident, but the true inner feelings coming out. There are a lot of times Ill call someone the wrong name, just because I was hanging out with a different person earlier that day and simply got used to saying their name, not because I wished I was still with that person or something. This entire theory has left me riding the fence. I suppose it did the same for many others, which is why there are not a lot of true Freudians left, but instead Neo-Freudians who have revised a lot of the theorys features.

Jeffrey Santos Essays (1404 words) - Indian Films,

Jeffrey Santos Professor Shrivastava 11/2/2017 2 November 2017 1947 Earth Vs . Cracking Inida Transition from a novel to a film is quite difficult at times especially when it comes to a partition like the one in India in 1947. The main purpose of my essay will be to find the problems and differences with the transition between the two works. Investigating the problem between Bapsi Sidwa's novel Cracking India and its film adaptation Deepa Metha's 1947 Earth by comparing the two together but focusing on Lenny's sexual representation, Ayah's transformation throughout the film and novel and how this causes Ayah's abduction with Ice Candy Man , will be my main target point. I argue that Bapsi Sidwa's Cracking India and Deepa Metha's 1947 Earth discuss the theme of gender and violence. The characters Lenny, Ayah, and Ice Candy Man all were affected by the trauma in some way or other. The film adaptation fails to fully represent the book and has roots to its theme. The film focuses on Lenny's coming of age and how she changes and adapts to her problems with her nanny, Ayah. It induces the violence and partition events as well. In the film , it fails to show us Lenny's struggle with her coming of age due to her mother being extremely abused by her father. Her mother was cheated and physically abused to the fullest by this man. The film also excludes Lenny's introduction to sexual activity when the novel strongly shows us Lenny's sexual situations with Cousin. This is when Ayah makes Lenny extremely upset. Ayah gets lots of looks and respect from men and Lenny sees that and is strongly bothered by it. The novel does a wonderful job with bringing out Lenny's strong attitude towards sexuality and men in general. This chips into how Ayah's and Lenny's relationship basically works and how Lenny feeds off Ayah and learns from how she does things. When looki ng at these stories, they both include the obvious, violence, love, and disloyalty. With the partition being the violence, Lenny and Ayah's opposite sex cravings being love, and Lenny's father cheating on her mother being the disloyalty in this situation. In Metha's film there is another blatant reason for these small stories. Trilogy's such as Fire, Earth, and Water represent a form of violence against the women apart of this area at the time. Fire conceals same-sex female desires that works in context with their morals. Earth is basically the overall violence against the women during this time and Water is the social limitations put in place in Hinduism ( Metha's film). These three simple stories tell a story within themselves that basically explains why love and violence was such a large reason for women struggle existed at this time. In the film it is much easier to decrypt these 3 trilogy's but Metha struggles to implement some of the small details of the bo ok. Obviously the film helps put a visual on Lenny's struggle with this sexual need but the film does leave out a lot of Lenny's sexual awakenings while the book shows us how Lenny used Ayah as a lesson of her own adolescence. Within the entire Partition, both Metha and Sidhwa provide us with Ayah's transformation from a girl that a four year old strives to be to being an abducted rape victim. In the beginning of the novel, our narrator Lenny describes how Ayah gets "covetous glances" from a variety of men-beggars, holy men, hawkers, and so on " ( Sidhwa 3). In the film, Metha uses the Queen's garden scene to show us Ayah's ability to attract all types of men. During this scene Ayah is basically sitting around a bunch of men, having a conversation which all the men look at her with plans on their minds. Once Ayah figures these vibes the men were gives off she puts on her sari and receives physical attractions from these men. Now, in the book Lenny points out that Ice Candy Man tries to put his shoed foot inside of Ayah's sari and says this, " things love to crawl beneath Ayah's sari. Ladybirds, glowworms, Ice Candy Man's toes" ( Sidhwa 19).

The story in the film of Mulan is based on a Chinese folktale and set in 15th century China Essays

The story in the film of Mulan is based on a Chinese folktale and set in 15th century China Essays The story in the film of Mulan is based on a Chinese folktale and set in 15th century China Paper The story in the film of Mulan is based on a Chinese folktale and set in 15th century China Paper and it shows that she has not yet found who she is. According to the article, Woman Warrior, the authors notes, How can [Mulan] be a dutiful Chinese daughter and still be true to herself? (Corie and Laura 65). However, there is a conflict in Mulans mind; if she were truly to be herself, she possibly would break her familys fame and heart. Actually, Mulan wants to be herself and earn honor to her family (Cue 48). In my opinion, Mulan is a filial and considerate girl; she decides to take her fathers place by disguising a man and to save her fathers life because of his weak health (Cue 48). On the other hand, the step of transformation to be a soldier is difficult to her when she becomes a cross-dresser; however, she is not accepted because she is the weakest of all the men. But she never has thought of giving up; she works harder and practices more at night until she is strong enough to be equal with men (Corie and Laura 65). From the scene, Mulan shows that women also can do everything that men are doing. Moreover, she wins everyones respect . In addition, in the article inChicago Sun-Times, the author says that the film doesnt follow the traditional scene about male hero rescues the heroine (Eber 2). There is a scene about Mulan uses her wit to defeat the Huns and to save Shangs life. He says to Mulan, You have my trust, [Mulan], the bravest man of all; it shows that Shang sees her as better than other soldiers. However, when Shang and others find out that Mulan is a woman, Shang changes his attitude and turns back on her even though she rescues him. Maybe Shang feels lost his face because a woman saves his life. The scene shows the issue of gender role in Chinese values; most men in Asian usually cant accept that women have better capability than mens. In other words, the scene also shows that even when a woman can outsmart men and be as strong and brave as they are, men still cant accept her equally. On the other hand, when Mulan discovers that the Huns didnt die and then she wants to warn Shang; however, soldiers and Shang dont listen to her warning at all, because she is a woman. The custom and law have reinforced gender roles. At the end of film, Mulan makes it to earn the emperor and other peoples respect. The scene shows that Mualn comes home and hands her father the sword of the enemy and the honor gift that the emperor gave. However, her grandmother thinks that it is better to bring a husband, even though she is successful to bring great fame to her family. It shows that women are capable of doing what men can do, and to be good daughters at home. Nevertheless, women are also expected to find ideal men with good marriage. In other words, the message of the film makes me feel that it is important for women to be yourself, to be equal to men; women still have to follow the traditional roles of being a wife and mother. In conclusion, Bonnie thinks, courage, family values and determination are all prominent themes touched upon in this film (48). Moreover, In the article in SpiritualityHealth , the authors thinks that the film is filled with the notions of Confucianism, esteem older people and pledge loyalty to country(1). In my opinion, I strongly agree with Bonnie : That nothing is impossible for a girl if she sets her mind to it. Mulan struggles to win respect, not only for herself but for women of all times (48). As long as you have determination to do everything, you still can make it no matter you are just a little girl or women. Most importantly, it is good to be yourself and to be equal with men, and they also can devote themslves to their country as well as men do. Women should have confidence to find their true identitis.

Essay style answers regarding Euroland Case Study in terms of

Style answers regarding Euroland Case Study in terms of marketing - Essay Example Internal inefficiencies such as supplying products from plants located in different cities than from ones in same cities (because of low capacity), reduced throughput speed and increased accidents, spillage, inventory spoilage, shrinkage and breakage and production tie ups cause frequent disruptions in delivering products to the buyers that later weaken the sales. The major external factor that has resulted in stagnation of Euroland Foods’s core business is low population growth in northern Europe. In fact, there has bee no genuine increase in the demand of products offered by Euroland because of negligible increase in market size. The sales had been static since 1998, which is attributed to market saturation in some areas besides northern Europe. Secondly, the competitors have introduced new products in the market, hence attracting more customers and taking away the share from Euroland Foods. Euroland Foods’s, at present, apparently has adopted a Market Penetration growth strategy since it believes in selling its existing products Ice-cream, Yogurt, bottled water and fresh juices to existing market segments. It can be concluded that this strategy has not resulted in any real growth in terms of monetary and volumetric sales as it remained stagnant over years, which has adversely affected its brand equity and market valuation. If Euroland Foods were to take Darrochs advice, it would prioritize a proposal about â€Å"replacement and expansion of truck fleet† which is aimed at substituting new trucks and delivery vehicles with new ones as well as adding new fuel-efficient excessive capacity trucks to reduce its maintenance costs and improving the ability to transport more products at a time. Also, it could accept proposals related to expanding Nuremberg plant capacity by 20%, to increase automation of the production lines at six of the companys

Infantilization Essay Example | Topics and Well Written Essays - 750 words

Infantilization - Essay Example This was an act of extending the legacy that was set by the Sykes-Picot treaty whose main intention was allowing them to govern the Muslim nations from far (Russo, 2013). However, this move did not go well for both Obama and Cameron as their nations as well as other world leaders such as Russia outright rejected their intentions; consequently, the west still is in dilemma on what best to do with the case in Syria. The geographical regions of the Persian, Arab and Turkish world that were set in 1917 have little resemblance with the current situation. The collapse of Ottoman Turks 400-year rule left an impoverished and backward Egypt, Arabia and Syria in which the current Palestine was a Syrian province. In contrast, the Arab nations are draining the western world coffers with the sale of millions of oil barrels. This has given them an economic capability to purchase the most advanced weaponry that rivals that in the western countries, and this has made these nations from the era of th e Sykes-Picot treaty to be military upright. Consequently, it is not clear why the Arab nations cannot make use of these arms to topple the tyrannical and homicidal leader like Assad. This shows clearly that the western nations have over-extended their patronage to the level of moral infantilization. If indeed the photos of the gassed children were something concrete to go by, the same reaction would have been elicited in Cairo, Riyadh or Istanbul. The silence of the leaders in the Muslim world indicates differing approach to world conflicts, and the same has been echoed by Chinese and Russian nations when they advocated complacency in dealing with the Syrian allegations (Russo, 2013). The use of Tomahawk missiles would bring solution to a government under the threat of being toppled by rebel groups. It will only make the problem worse for a war ravaged and decimated country. The western countries should allow the Arab nations to speak and solve their problems independently as no mi litary intervention can address these issues. The whine of cruise missiles should not be used as a precautionary tactic by the west as this creates the need for the Arab worlds to arm themselves in readiness for retaliatory attacks. To overcome these tribulations, the Arab world has to develop a loud moral voice to silence the western nations, and in this way, they will be in charge of their destiny while achieving peaceful resolutions. After the death of Kim Jong II’s the western media displayed footages of people crying, which in a way was meant to be negative publicity since it was possible to show people praising his leadership. Thus showing the North Korea populace in emotional distress was just meant to further the infantilization of the nation. This has created a situation where the current regime appeals are to emotions of already infantilized people. This culture has helped North Korea to weather down the economic crisis and to improve the loyalty of its citizen (Kiv ima?ki, 2012). The North Korea media recently released stamps commemorating Kim Jong II former North Korean leader who would have turned 72 if he were still alive. The stamps showing the deceased leaders as a child indicated stern and creepy motives, and this move was part of a larger plan to continue infantilizing Kim after his death in the late 2011. In the same light, the state media has continued to play Kim’

Crisis management Essay Example | Topics and Well Written Essays - 1250 words

Crisis management - Essay Example While some crisis as the Cuban missile crisis was resolved within a period of 13days, others such as the World War I took over 4 years before they were finally settled. This essay seeks to evaluate the success factors of conflict resolution and analyze how they were applied in the Cuban missile crisis and the World War I. Kouzmin (17) points out that the timeliness of the response is a critical factor that determines the ability of the government or the involved parties to resolve their conflict. Crises are emergency situations that often have adverse effects to the social political system if prompt actions are not taken. The more the time that is taken to resolve a conflict, the more likely that the impact of the war is likely to be felt in the affected regions. While it is important to define a good background to resolve a conflict and to avoid hurried decisions that may fuel the war, there is need to develop a quick plan to initiate resolution strategies to reduce the ill effects that come along with such situations of war. Caldwell (6), a professor and a political analyst, commends President Kennedy for his prompt action to neutralize the looming danger of a heated nuclear war in a time of emergency. When the Cuban president stationed missiles in Cuba, there was already high tension that the two countries would engage in big fights whose repercussions would be out of magnitude. At this time, President of America prioritized this issue and focused on the emergency situation. First, he immediately dropped his support for North Korea attack on South Korea and engaged a consultative meeting to come up with a plan to resolve the conflict. Consequently the conflict was resolved within 13 days and no impacts of the looming war were experienced in America. Crisis management in the World War I seems to have taken a slow pace. Mulligan (73) points out that the reason why this war took too long to solve is because the governments had an attitude that any attempts to l aunch a crisis management plan would be futile. The impact of this delay is that World War I became one of the most catastrophic crises in the world history as many people lost their lives. The magnitude of the crisis is a factor that cannot be ignored while designing a strategic plan to mitigate the effects of a crisis. The geographical scope of a disaster is used to measure the intensity of a crisis and the population that is likely to be affected by the effects of the conflict. A disaster that involves only a few countries has less impact compared to one that affects the entire world. While planning the conflict resolution strategy, it is important to consider the applicability of the strategy to all the nations especially in a conflict that spans out in several countries. Kouzmin (7) warns that the domain of the threat has to be considered if the intervention strategy has to be successful. The First World War was a worldwide disaster the war was manifested in different ways in v arious countries. Mulligan (227) states that this war was a result of various threatening forces and determining the motives of the war was quite a complex issue, a factor that delayed the process of peace making. Governments took longer to agree on the best procedure to conflict resolution and this slowed the process while more people continued to suffer

An Epidemic Essay -- Health, Coronary Heart Diseases

The focus of this research is coronary heart disease (CHD) and the vulnerable population in the community in Duval County, Jacksonville, Florida. To understand the population, one must be aware of the demographics of the community in question. Duval County is on the Northeast coast of Florida and has a population of over 900,000 (Duval County Health Department, Institute for Health Policy and Evaluation Research [DCHD], 2008). Of this population, 64.4% is white, 31.3% is black and 4.1% is other races (DCHD, 2008). Approximately 51% is female and 49% is male (DCHD, 2008). Duval County consists of suburban, rural, and urban areas and has a total of six health zones made up of zip codes (DCHD, 2008). The community in emphasis is The Clara White Mission and its surrounding area. The Clara White Mission is located in health zone one and their zip code is 32206. Health zone one is considered the most urban area in Duval County with a population density of 2766.5 people per mile compared health zone five being the most rural with a population density of 177.1 people per square mile (DCHD, 2008). Zone one also has the largest number of minority residents in Duval County, which is 83% of the population compared to the lowest minority in zone six with a population of 18% (DCHD, 2008). In Duval County 41% of all blacks live in zone one. Health zone one has the lowest average household income with $21,815 and the highest poverty level with 26% of the population living below poverty level in comparison health zone five has the highest average household income with $53,972 and the lowest poverty at a rate of 5% (DCHD, 2008). Duval County’s average household income is $41,118 (DCHD, 2008). In 2000, health zone one had the lowest e... ...ck, and 470,000 will have a recurrent attack this year (AHA, 2010). CHD makes up for more than half of all cardiovascular events in men and woman over the age of 75 years old (AHA, 2010). Furthermore, the lifetime risk for developing CHD after the age of 40 is 32% for women and 49% for men (AHA, 2010). In closing, it is apparent that the population, density, income and education, and race may be associated with the CHD mortality and morbidity rates in this population in Duval County. In addition, other factors may be associated with the CHD rates as well, such as behavioral risk factors and access to health care. We need to emphasize the health and wellness of the vulnerable population in the community of 32206 in Duval County. To help these individuals achieve healthy lifestyles and avoid or better manage CHD, for their future we need to create awareness.

Definition of a Business Essay

Fuzzy Dice, Inc. manufactures and distribute novelty items. Fuzzy is having a great demand on their products and are holding a large amount of cash on its balance sheet. In the same area are other manufacturing companies, among them Tiny Toys LLC, a children’s toy manufacturer. Tiny has been having financial troubles and recently filed for Chapter 11 bankruptcy protection. Fuzzy is interested in Tiny’s manufacturing facility, location and capabilities. Tiny’s manufacturing equipment is operational; they don’t have any goodwill, but have some intangible assets. Since, Fuzzy is holding so much cash they decided to buy Tiny’s and are in the final stages of the transaction. The Company is not certain in how to use Tiny’s facilities. They will either: a. continue to use the facility to manufacture toys or b. renovate the factory in order to expand their current operations. Issues: Fuzzy is having trouble determining how they should record the transaction. There are three scenarios: -Operate the factory in its current capacity to manufacture toys. -Refurbish the factory to manufacture novelty items. -Structure the acquisition through its French subsidiary, which issues stand-alone financial statements under IFRS. For each scenario they should determine if they would record the transaction as an acquisition of a business or acquisition of an asset. Research: Asset acquisition: The purchase of a company by buying its assets instead of its stock. An asset acquisition strategy may be used for a takeover or buyout if the target is bankrupt. Market knowledge, research and experience are important to a successful asset acquisition strategy. In some cases, a plan for selling the asset, called asset disposition, is built into the asset acquisition strategy. Bankruptcy proceedings represent an opportunity for a company to implement an asset acquisition strategy. By taking advantage of one company’s distressed position, another company can purchase  assets like equipment and machinery for its own business at reduced prices. Business Combination: A transaction or other event in which an acquirer obtains control of one or more businesses. Transactions sometimes referred to as true mergers or mergers of equals also are business combinations. If a business combination occurs because of a bankruptcy reorganization or troubled debt restructurin g under fresh start accounting, the purchase consideration should take into account the value of the restructured debt. In these cases the original book value of the debt will likely differ from its fair value. Business (ASC 805): An integrated set of activities and assets that is capable of being conducted and managed for the purpose of providing a return. This definition is broad and can result in many transactions qualifying as business combinations when they are actually only asset acquisitions. When determining if a set of assets and activities is a business, the relevant factor is whether or not the integrated set is capable of being conducted and managed as a business and not if the seller operated the set as a business or if the acquirer intends to do so. Unless there is evidence to the contrary, any set of assets that includes goodwill is assumed to be a business. However, the existence of goodwill is not required to meet the definition of a business. If the acquired assets are not a business, the acquirer will account for the transaction as an asset acquisition. The definition goes on to explicitly discuss mergers of equals. A change of control can occur without the exchange of co nsideration or even without the acquirer holding any ownership interest. The acquisition date is defined as the date the acquirer obtains control of the acquiree, regardless of the legal date of the transfer or the date the consideration is transferred. If a business combination is affected primarily by transferring assets or by incurring liabilities, the acquirer is usually the entity that transfers the assets or incurs the liabilities. If a business combination is affected by transferring equity interests, the acquirer is usually the entity that issues its equity interests. However, in some business combinations, commonly called reverse acquisitions, the issuing entity is the acquiree. In a reverse acquisition the legal acquirer is defined as the acquiree for accounting purposes. 55-4 A business consists of inputs and processes applied to those inputs that have the ability to create outputs. Although businesses usually have outputs, outputs  are not required for an integrated set to qualify as a business. The three elements of a business are defined as follows: a. Input. Any economic resource that creates, or has the ability to create, outputs when one or more processes are applied to it. Examples include long-lived assets (including intangible assets or rights to use long-lived assets), intellectual property, the ability to obtain access to necessary materials or rights, and employees. †¨ b. Process. Any sy stem, standard, protocol, convention, or rule that when applied to an input or inputs, creates or has the ability to create outputs. Examples include strategic management processes, operational processes, and resource management processes. These processes typically are documented, but an organized workforce having the necessary skills and experience following rules and conventions may provide the necessary processes that are capable of being applied to inputs to create outputs. Accounting, billing, payroll, and other administrative systems typically are not processes used to create outputs. †¨ c. Output. The result of inputs and processes applied to those inputs that provide or have the ability to provide a return in the form of dividends, lower costs, or other economic benefits directly to investors or other owners, members, or participants. Identifying a Business Combination Classifying or Designating Identifiable Assets Acquired and Liabilities Assumed in a Business Combination 25-6 At the acquisition date, the acquirer shall classify or designate the identifiable assets acquired and liabilities assumed as necessary to subsequently apply other GAAP. The acquirer shall make those classifications or designations on the basis of the contractual terms, economic conditions, its operating or accounting policies, and other pertinent conditions as they exist at the acquisition date. 25-7 In some situations, GAAP provides for different accounting depending on how an entity classifies or designates a particular asset or liability. Examples of classifications or designations that the acquirer shall make on the basis of the pertinent conditions as they exist at the acquisition date include but are not limited to the following: a. Classification of particular investments in securities as trading, available for sale, or held to maturity in accordance with Section 320-10-25 b. Designation of a derivative instrument as a hedging instrument in accordance with paragraph 815-10-05-4 c. Assessment of whether an embedded derivative should be separated from the host contract in accordance with Section 815-15-25 (which is a matter of classification as this Subtopic uses that term). Identifiable Intangible Assets 25-10 The acquirer shall recognize separately from goodwill the identifiable intangible assets acquired in a business combination. An intangible asset is identifiable if it meets either the separability criterion or the contractual-legal criterion described in the definition of identifiable. Additional guidance on applying that definition is provided in paragraphs 805-20-25-14 through 25-15, 805-20-55-2 through 55-45, and Example 1 (see paragraph 805-20-55-52). For guidance on the recognition and subsequent measurement of a defensive intangible asset, see Subtopic 350-30. 05-4 Paragraph 805-10-25-1 requires that a business combination be accounted for by applying what is referred to as the acquisition method. The acquisition method requires all of the following steps: a. Identifying the acquirer b. Determining the acquisition date c. Recognizing and measuring the identifiable assets acquired, the liabilities assumed, and any noncontrolling interest in the acquiree d. Recognizing and measuring goodwill or a gain from a bargain purchase. †¨ 805-10-25-1 An entity shall determine whether a transaction or other event is a business combination by applying the definition in this Subtopic, which requires that the assets acquired and liabilities assumed constitute a business. If the assets acquired are not a business, the reporting entity shall account for the transaction or other event as an asset acquisition. An entity shall account for each business combination by applying the  acquisition method. Accounting After Acquisition 35-1 After the acquisition, the acquiring entity accounts for the asset or liability in accordance with the appropriate generally accepted accounting principles (GAAP). The basis for measuring the asset acquired or liability assumed has no effect on the subsequent accounting for the asset or liability. Recognition Principle 25-1 As of the acquisition date, the acquirer shall recognize, separately from goodwill, the identifiable assets acquired, the liabilities assumed, and any noncontrolling interest in the acquiree. Recognition of identifiable assets acquired and liabilities assumed is subject to the conditions specified in paragraphs 805-20-25-2 through 25-3. 55-2 Paragraph 805-10-25-1 requires an entity to determine whether a transaction or event is a business combination. In a business combination, an acquirer might obtain control of an acquiree in a variety of ways, including any of the following: a. By transferring cash, cash equivalents, or other assets (including net assets that constitute a business) †¨ b. By incurring liabilities c. By issuing equity interests d. By providing more than one type of consideration e. Without transferring consideration, including by contract alone (see paragraph 805-10-25-11). 55-3 A business combination may be structured in a variety of ways for legal, taxation, or other reasons, which include but are not limited to, the following: a. One or more businesses become subsidiaries of an acquirer or the net assets of one or more businesses are legally merged into the acquirer. †¨ b. One combining entity transfers its net assets or its owners transfer their equity interests to another combining entity or its owners. †¨ c. All of the combining entities transfer their net assets or the owners of those entities transfer their equity interests to a newly formed entity (sometimes referred to as a roll-up or  put-together transaction). †¨ d. A group of former owners of one of the combining entities obtains control of the combined entity. 55-5 To be capable of being conducted and managed for the purposes defined, an integrated set of activities and assets requires two essential elements—inputs and processes applied to those inputs, which together are or will be used to create outputs. However, a business need not include all of the inputs or processes that the seller used in operating that business if market participants are capable of acquiring the business and continuing to produce outputs, for example, by integrating the business with their own inputs and processes. FRS 3 Business Combinations outlines the accounting when an acquirer obtains control of a business (e.g. an acquisition or merger). Such business combinations are accounted for using the ‘acquisition method’, which generally requires assets acquired and liabilities assumed to be measured at their fair values at the acquisition date. Alternatives: Fuzzy Inc should determine how they will account for the transaction with Tiny Toys if either as an acquisition of assets or as a business combination. Conclusion: Using FASB’s ASC 805 definition of Business combination and acquisition of assets is hard to choose one alternative. The definitions are broad and can result in different interpretation on how to account for the transaction in the Balance Sheet, but I think the one that suits best the transaction is acquisition of assets. As guidance, I used ASC 805-05-4 Paragraph 805-10-25-1 that says: requires that a business combination be accounted for by applying what is referred to as the acquisition method. The acquisition method requires all of the following steps: a. Identifying the acquirer b. Determining the acquisition date c. Recognizing and measuring the identifiable assets acquired, the liabilities assumed, and any noncontrolling interest in the acquiree †¨ d. Recognizing and measuring goodwill or a gain from a bargain purchase. †¨ 805-10-25-1 An entity shall determine whether a transaction or other event  is a business combination by applying the definition in this Subtopic, which requires that the assets acquired and liabilities assumed constitute a business. If the assets acquired are not a business, the reporting entity shall account for the transaction or other event as an asset acquisition. In addition, manufacturing equipment and trucks are functional, but the case doesn’t mention anything about other type of assets necessary (e.g computers) for the operation of the business. This means that if Fuzz is in the intention of using the facilities as Business they will not be able to meet the three elements of a business: input, process, output. Fuzz probably is using the bankrup tcy of Tiny as a strategy for acquiring needed assets and good stand geographical facility in a good price. Also, Fuzzy is not assuming any liability from Tiny. Questions 2 and 3 will be answered by acquisition of assets, considering the information above. None of these two scenarios represent a business combination since neither of them can operate as a business. In case of question 1, is more difficult to determine how to account for it. Fuzz in the position to account for it in either one of the possibilities since the definitions presented are vague in structure and cannot be taken into account to conclude one straight answer. 1. If Fuzzy decides to operate the factory in its current capacity to manufacture children’s toys, should the transaction be accounted for under ASC 805 as an acquisition of a business or an acquisition of assets? 2. If Fuzzy decides to refurbish the factory to manufacture novelty items, would this affect its assessment of how to account for the transaction under ASC 805? 3. If Fuzzy decides instead to structure the acquisition through its French subsidiary, Dà ©s Floue Inc., which issues stand-alone financ ial statements under IFRSs, should the transaction be accounted for differently under IFRSs with regard to whether it should be deemed as an acquisition of a business or a group of assets?

The Life Of 19Th Century American Poet Edgar Allan Poe

The life of 19th century American poet Edgar Allan Poe is one that the world of literary works and poetry will never cease to remember. Poe crafted several famous works of poetry during the American Romantic Movement, such as â€Å"The Raven†, a poem that helped gain him much fame after his death. Several poets have existed throughout time, but few became as well-known as Poe. The stories, conspiracies, and questions that lie behind his life are those of extreme popularity. Unlike many other great poets, Poe had a life of both mystery and melancholy that still interest readers today. Edgar Allan Poe is known for his morbid, dark, and haunting poems. He wrote mostly of death, demons, murders, sickness, and other unsettling topics. It could be†¦show more content†¦His former teacher, Dr. Bransbury, stated that he was â€Å"a quick and clever boy† (Pruette 372) and if it were not for his adoptive parents, he â€Å"would have been a very good boy† (Pruette 372). Later in Edgar’s life, as he was becoming more aware of his biological parents and his genealogy by hearing from acquaintances about the things that they became known for, he found a deep sense of pride which contributed to his arrogance. Sometimes, the knowledge of one’s family history can fuel their pronounced sense of pride. This was the case for Mr. Poe. At a young age, Edgar was already becoming extremely narcissistic, with the knowledge of who his biological parents were, and the great things they were known for. During the early ages, his adoptive parents who took so much pride in their spoiled child would hold gatherings and make Poe recite lengthy passages of poetry. During these times, Edgar acquired a taste for alcohol, which may very well have been the blame for a bit of the madness that he manifested in the later years of his life. Though it seems that Edgar had a life of luxury and the availability of whatever he requested being placed in the palm of his hand, he longed for more. While his new parents were busy making sure every desire of his was at his fingertips, they forgot to show him physical and emotional love, which is a key factor in the raising of a child. It could be said that there are only so many materialShow MoreRelatedEdgar Allan Poe; Fame Inspired by a Tragic Life865 Words   |  4 Pages The 19th century A merican poet, Edgar Allan Poe, had been plagued by grief from an early age. He was an amazing poet and author who just happened to have a darker story. Many who have studied this prestigious man feel that his works, though magnificent, were extremely dark. Some believe it was nothing more then a fancy for him to spin such gruesome tales. Others feel his work was manipulated by the misfortune of his past. These people have actually found evidence that agrees with this statementRead MoreEdgar Allen Poe: Birth and Military865 Words   |  4 PagesThe story of the 19th century Romantic era poet Edgar Allen Poe is an interesting one indeed. Throughout his life he played the role of a writer of short stories, an editor and critic of all works, and poet of emotion; revolutionizing each role through his extremely pragmatic style. As a writer, Poe wrote everything from love stories to comedies to horror stories, even inventing the detective mystery genre, and as a poet, he set out to use po etry to transmit and arouse the reader’s sense of beautyRead MoreThe Father of Gothicism1077 Words   |  4 Pagesthe story The Black Cat written by Edgar Allan Poe. Poe has been proclaimed the â€Å"Father of Gothicism† by many due to his grotesque short stories and poems. Gothic writers had their characters be more â€Å"prone to sin and self-destruction† than any other movement had experienced (Poets 2). This mysterious style of writing lasted until the 19th century, and other popular gothic writers and characters include Bram Stokers Dracula, and Mary Shelly’s Frankenstein. Poe along with all gothic writers used disturbingRead MoreThe Great Stories By Edgar Allan Poe1238 Words   |  5 Pages In the mid-19th century, exploration of the new America was popular among the people. Poets during this time liked to write about adventure and new pristine worlds untouched by man. Edgar Allan Poe on the other hand used his own style of writing, that used dark symbolism and complex plots to excite the readers. Having seen death and understanding the feeling it brings, Poe had an easy time writing the great stories/poems that we know today. In the years of 1835-1845 the United States was inRead MoreThe Romantic Period Of Edgar Allan Poe976 Words   |  4 PagesEdgar Allan Poe is an important poet from the Romantic period. His work reflects his life in so many ways. 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However, it would take another fifty years of development throughout American before it produced the first great generation of American writers such as, Washington IrvingRead MoreEssay on The Romantic Side of Edgar Allan Poe 1061 Words   |  5 PagesAnyone who enjoys literature or movies has the Romantics of the 19th century to thank. The romantic ideals are now so engraved in this societies thinking that most don’t even realize that i t is romantic thinking at all. Almost every movie or book nowadays has a trace of romanticism in it. Romanticism started around the 1800’s as a contradiction to rationalism. Rationalism was a thinking that attempted to use rational thinking and reason to solve the problems being faces at its time. Romanticism isRead MoreEdgar Allan Poe Research Paper1393 Words   |  6 Pagesfamous writer, a renowned poet, and a American hero, Edgar Allan Poe has helped shaped modern day literature. Taught in schools as being a tortured soul, Poe’s dark writing has shaped American English for the better. Edgar Allen Poe’s early demise came as a shock to many during the time. Poe left this world in a mystery, much like some of his most famous works. The way in which Poe died, is never as simple as it seems. The limited details of his demise has left a hole in American literature and historyRead MoreEdgar Allan Poe : A Gothic Romanticism Or Dark Romanticist1562 Words   |  7 Pages Edgar Allan Poe is often considered one of the most famous, influential writers of the 19th century, and even today he is still revered for his more famous works, which are still taught and studied in schools and universities around the United States. His work is considered to be heavily influenced by the many hardships he faced during his lifetime, which can be seen in almost all of his poems or short stories. Poe is considered a gothic romanticism or dark romanticist, due to his fascination ofRead MoreEdgar Allen Poe: A Delirious Mind1058 Words   |  5 PagesEdgar Allen Poe is one of the most descriptive writers known today. His works have been intriguing people since he began writing. The depth Edgar puts into his characters and settings is something people crave. The mysterious aspects of his stories immediately seize the readers’ attention. Edgar Allen Poe’s writing depth was affected by his drug and alcohol abuse. Edgar Poe was born on the 19th of January in 1809 in Boston, Massachusetts to Elizabeth and David Poe (Quinn 30). Both Elizabeth