(Elements of Drama) - Drama imitates reality through representation Essay

(Elements of Drama) - Drama imitates reality through representation rather than imitation - Essay ExampleDuring the synopsis we will look for evidences that can prove our original idea. Well overview the tragedies without retelling their plots and going into details.Both beaks of literature belong to the field of tragedy. Lets briefly remind us of the main requirements to the tragedy proposed by the Aristotle in his famous Poetics and later by the representatives of the Enlightenment.According to Aristotle, tragedy is the imitation in dramatic form of an action which is somber and complete, with occurrences that evoke sympathy and fear /Aristotle, 1999/. Aristotle believes that the writer should use pleasant language that must fit the situation in which it is used. The main characters of a tragedy are frightful and well-off people, performing noble actions.Aristotle also made a statement in his work Poetics that tragedy should lead to the catharsis of the audience when they bri ng forth and share emotions of the characters and sympathize to their suffering /Aristotle, 1999/.Enlightenment writers proposed that according to its structure tragedy should be composed of five acts and involve three main characters which should be noble and famous. The author should begin the tragedy in the middle of the action, make use of noble language and refrain from the scenes of horror on the stage.From the Aristotle times it was considered that the ideal piece of tragedy should consist of two main parts. They are complication and unraveling. Those incidents that are inessential to the development of the plot are mostly combined with of the action beseeming in order to mould the complication. So we can say that the complication is the whole amount of actions from the beginning to that part of the play where the course of events changes either for better or for bad. The unraveling then is all that remains. It begins with the end of the complication and extends to the end of the tragedy / Wikipedia/.According to the structure,

Financial Management Case Essay Example | Topics and Well Written Essays - 2500 words

Financial Management Case - Essay ExampleThese assets and liabilities ar to be cashed or spent in the ordinary course of business that is, we do not score to liquidate our company just to bring on the cash we need, and neither do we be in possession of to pay any our long-term debts now. Working capital basically is a measure of how we manage our collections and our damages. Good running(a) capital management, by lowering costs and maximise collections, contributes to maximising shareholder value, which is one of the Boards primary duties.An analysis of our current practices in this aspect of financial management has revealed the following problemsTrade receivables have increased from the desired cardinal days to the actual fifty days.Bad debts have reached 1.5 percent of total sales.We are spending 76,000 annually, equivalent to 3.2 percent of sales, for trade wind debt or receivables financing, bad debts, and overhead.We have studied two options to manage our working cap ital that can bring down our costs and bring up our collections.Summary Course of ActionWe have looked at two options Factoring ( pickaxe A) and Discounting (Option B).We summarise our findings as followsComparison of two options and current systemCurrent systemTrade debts from collections40,000 Bad debts36,000 Annual cost of debts76,000 Option A FactoringTrade debts from collections22,000 Service charges48,000 Savings on bad debts(36,000)Savings from factoring(18,000)Annual cost of debts16,000 Annual savings from Option A60,000 Option B DiscountingTrade debt savings6,400 Savings from collected bad debts12,000 Cost of discounts(9,600)Annual savings from Option B8,800 Total savings from Options A and B56,800 We have calculated that factoring will save us 60,000...This is called working capital management.Working capital is the cash that is readily addressable to the organisation. This can be derived from the corporations balance sheet by subtracting our current liabilities (short-te rm organisational commitments that needs cash payments) from our current assets (company resources that can be converted into cash in the short-term).These assets and liabilities are to be cashed or spent in the ordinary course of business that is, we do not have to liquidate our company just to raise the cash we need, and neither do we have to pay all our long-term debts now.Working capital basically is a measure of how we manage our collections and our costs. Good working capital management, by lowering costs and maximising collections, contributes to maximising shareholder value, which is one of the Boards primary duties.We have calculated that factoring will save us 60,000 annually. Discounts will save us an additional 8,800 by bringing down our bad debts and trade debts costs, even if these discounts will cost us initially 9,600. If we manipulation both options, we can save 56,800 each year, equivalent to 2.4 percent of sales.Note that combining the two options will give us a lower finger for total savings because if we use the Discounting option together with Factoring, the elimination of bad debts from availing of the latter (Factoring) option will give us only the benefit of trade debt savi

Deer Valley Lodge Research Paper Example | Topics and Well Written Essays - 250 words

Deer vale Lodge - Research Paper ExampleIn making a decision of an pullment, value of NPV is critical in deciding if an coronation is good or not. A positive value means that an investment is good, but a negative value means that the investment is not worth it. In this case, the value is positive therefore, I would advise the management to go ahead and invest in the project (Megginson et al. 252).The winnings income from the investment annually is $560,000. The tax rate on income is 40% leaving us with 60%. 40% of $560,000 is $224,000, meaning that the after-tax net income is $336,000. The rate of return due to taxation consideration is expected to drop down to 8%, therefore, the MACRS recovery period is 10 years in effectuate to save on tax costs. The new NPV forget mean $336,000 is multiplied by the factor 9.818. This will with NPV of $3,298,848. Here, there is a new twist as the investment is to be depreciated within 10 years. Some money will be saved on taxes by this move. To find the tax savings, the initial investment ($3,300,000) is multiplied by the tax rate to get $1,320,000. The tax savings are then multiplied by the 8% discount rate for cardinal years resulting in $931,788, tax savings NPV. $931,788 is then added to $3,298,848 to get $4,230,636. Compared to the $3,300,000, the initial investment we get a resulting figure of $930,636. This is a very big investment as it earns better results than the first scenario with the kind of returns it gives.The scenarios painted in the two parts above are just estimates on paper that are hoped will be the case. The figures are assumed that they will remain consistent, but in reality many things could change that might affect the envisioned income streams from the investment. Deer Valley is a resort that depends on the choice of tourists to flock and use the facilities. Many factors can change the situation including weather conditions like heavy rainfall, delayed blow which will come at the supposed peak season or any other natural calamity/disaster

Airfix Footwear LTD v. Cope [1978] ICR 1210 Case Study

Airfix Footwear LTD v. Cope 1978 ICR 1210 - Case Study ExampleIt is unsuitable in the case observed in the paper whether the individual daily reduces were separate employment or not. The IT concluded that no individual hires existed between the worker and the company. The company only delivers work sporadically from time to time, and from time-to-time the worker chooses to do it, so that there is a pattern of an occasional week done a few times a year, then it might well be that there comes into existence on each of these occasions a separate contract of service or contract for services, but the overriding arrangement is not itself a contract of employment, either of services or for services. But these matters must account upon the facts of each particular case. This case confirms the view that an umbrella contract female genitals exist if a practice of dealing has been built up over the historic period with expectations and obligations on each side. It was only in respect of the overall contract that the question of mutuality of obligation came into effect, and in this particular case, it was considered that this obligation was so shell that it meant that no individual contracts had existed. However, it is often difficult to establish the necessary ongoing mutuality of obligation to change a series of short-term contracts into a unmarried umbrella contract. In this case, the IT denied the workers claim because the worker is not obligated to accept the work and the reserver is not under any obligation to consistently provide the work to the worker. In order for the worker to be classified as an employee, the case must be able to pass the test for employee status. In this case, the company does not have or is not in a position to exercise any control over the worker. The more control the supervisor or employer can exercise, the more likely the worker will be deemed an employee. Temporary workers engaged through employment agencies have for a number of years been a ordinary choice for UK businesses. The benefits to businesses of engaging a flexible labor resource have been tangible. The resource can, in theory, be turned on and off at will, without the problems associated with headcount, the pauperisation for redundancy procedures or risk of unfair dismissal. In short, temporary agency workers have proved a cost-efficient resource to end- user businesses. For an employment contract to exist, as a minimum the following ingredients must be met first a contract between the parties, second, an element of control over the worker and third, a mutuality of obligation between the worker and the employer. Up until 2004, most cases considered by the courts found that whilst there may be sufficient control exercised by the hiring end user over the worker and mutuality of obligation, there was no actual contract between the worker and the end user. In contrast, the courts found that whilst there was a contract between the agency and the wo rker, there was insufficient mutuality of obligation or control by the agency over the worker for it to be an employment contract. The resolution was the worker was not employed by either the agency or the hiring end user. It soon became obvious to the court that the base was not broad enough, utilise merely mutuality of obligation as the test. It broadened its scope of the test by including the concept of control of the worker.

Improving Decision Making in the Coca-Cola Company Case Study

Improving Decision Making in the Coca-Cola Company - Case Study ExampleThe experience of Coca-Cola which is discussed above has become a classic marketing boloney documenting the mistakes that managers can make in their decision-making process. The failure of Coca-Cola can be largely attributed to two factors namely, narrow definition of its marketing enquiry problem and poor judgement in interpreting the research planning strategies around it (Kotler and Armstrong 2001). The experience of Coca-Cola which is discussed above has become a classic marketing tale documenting the mistakes that managers can make in their decision-making process. The failure of Coca-Cola can be largely attributed to two factors namely, narrow definition of its marketing research problem and poor judgment in interpreting the research planning strategies around it (Kotler and Armstrong 2001). Managers became narrow-minded and myopic in diagnosing the problem that Coca-Cola was facing. Instead of looking at all the factors which may be influencing the buyers in their purchases, these managers only look at the taste of the product. Their research has focused only at the taste ignoring the customers feelings ab break through dropping the product. It turned out that Cokes symbolic meaning in the United States is more central than taste. Coca-Colas managers also failed to use wise judgment in the asylum of New Coke. Even though their decision of dropping the old Coke is warranted by the 60% acceptance rate of the new formula, they did not anticipate that the 40% might still like the old Coke better.Conclusion Decision-making process must not be too narrow to overlook some of the important factors and details. As the situation of Coca-Cola shows us, managers should always avoid hasty generalizations and marketing myopia. In the business environment, decisions should always be grounded on all the factors affecting performance. Focusing on one aspect only will yield a one-sided and inadequ ate decision.

STONEHENGE Essay Example | Topics and Well Written Essays - 1750 words

STONEHENGE - Essay ExampleAs Lord Byron succinctly remarked in his poem tire out Juan The Druids groves are gone so much the better, Stonehenge has not but what the devil is it? (Byron, Canto 11) Although many theories exist about who built it, and the purpose for which it was built in style(p) archeological research points to its being built by the Britons of the Stone Age. However, given that the time frame for building the monument is so long, it was probably built in stages by different peoples, some of whom may have migrated from other areas. The builders of Stonehenge as well as, may have evolved from hunters and gatherers to farmers and tradesmen. It seems to be have been a highly sophisticated society, and the purpose of Stonehenge too would have evolved, from purely a burial site to include healing, using it to predict seasons, as well as for religious rites and ceremonies.A megalith which literally means large stone slabs, was a conspicuous form of expression among peopl e of the Neolithic age. Stonehenge is a Megalithic monument, different from other such monuments ascribable to the unique trilithons towering over the landscape and visible for miles around the area. A henge is a monument built in a circular area, of stone or wooden pillars surrounded by a ditch and ostensibly used for religious rituals. Stonehenge is situated on the Salisbury plain in Wiltshire, England. An engineering wonderment of pre-historic times, Stonehenge is a tribute to the ingenuity, labor and determination of the people who built it. Stonehenge consists of layers of stone circles and horseshoe patterns. Extensive archeological research has ascertained that Stonehenge was built in triplet stages between 3100 and 2500 BC. We know from modern scientific dating methods that the prehistoric people who lived in Southern Britain before 3000 BC began construction, by building a humiliated earth circle called a henge, with a bank, surrounded by a ditch. Different phases of th e monument were

Christianity Essay Example | Topics and Well Written Essays - 500 words

Christianity - Essay ExampleAs Christians, we have the conceptual pattern of how Christs sufferings were like and I believe that before the characterization The Passion of the Christ we did not fully conceive or imagine how authentically terrible His pain and suffering was. Acknowledging this fact does not damage the image of Jesus Christ at all, it only makes it more powerful and we come to measure more and to understand more the ampleness of His sacrifice. At the same time, some argue that the movie is not entirely biblically accurate and that this could damage to the real version of the charge we are supposed to perceive Christs crucifixion. In my opinion, the movie is generally biblically accurate, presenting the main events starting with the capture, trial and continuing with the punishments and the crucifixion of Christ. After all, the movie reflects the directors idea over Christs crucifixion and does not pretend to be a general truth.