Margaret Atwoods Surfacing Essay - 1293 Words

Margaret Atwoods Surfacing Throughout the book the narrator constantly intertwines the past and present as though it is side by side. Atwood shows this in the opening sentence ‘’I can’t believe I’m on this road again’’. The use of the adjective ‘again’ reveals the narrator has been in this place in an earlier life. The narrator seems to repress a lot of her past and continuously contradicts herself, which at times confuses the reader as we can not tell whether she is talking about her past or her present and whether she regards it as home as she says ‘’Now were on home ground foreign territory’’. This links in with one of the key divisions in the story between the Americans and the Canadians that is portrayed throughout†¦show more content†¦This links in with when the narrator says â€Å"I never identified it as mine† and â€Å"all the time it was in me I felt like an incubator†, as a mother she should not be feeling this way suggesting she lacks the emotional intelligence as a nurturer and a lover, which is ironic as later we find she never actually gave birth to this child. Another key point of the narrators division from her emotion is when she refers to her child as ‘†it†. This impersonal singular pronoun reiterates the protagonist’s lack of sentiment. This also links in with chapter 3 as the narrator reveals her relationship with Joe as predominantly sexual â€Å"cool he called it, was the way I took off my clothes and put them on again later very smoothly as if I wee feeling no emotion† reiterating her lack of emotion/affection. In chapter three we see the conflict between the two languages of French and English starting to arise. On page twenty we see the first utterance occurring when the waitress in the restaurants utters â€Å"Amburger† impersonating the protagonist’s English dialect. The narrator then states â€Å"This is border country†. In this simple sentence it is clear to see the notion of division twenty protagonist holds. The protagonist seems to be somewhat paranoid as to whether she belongs in this place. Again on page t we see the narrator being placed in a paradoxical position when she thinks â€Å"if you live in a place you should speak the language. But this isn’t where IShow MoreRelated Quest for Self-Identity in Margaret Atwood’s Surfacing and The Bell Jar, by Sylvia Plath2136 Words   |  9 Pagesthat there was still much work to be done. This paper is an attempt to have a closer look at famous novels Surfacing by a Canadian women writer Margaret Atwood and The Bell Jar by an American women writer Sylvia Plath, Even though Surfacing, is the work of a Canadian Ecofeminist a novelist who played a crucial role in forming the Canadian literary canon and Atwood’s novel Surfacing was published in 1972. But The Bell Jar is American writer and poet Sylvia Plaths only novel, which was originallyRead More The Wilderness in Margaret Atwood’s Surfacing, Mary Austin’s Land of Little Rain, and Gary Snyder’s2524 Words   |  11 Pagesin Margaret Atwood’s Surfacing, Mary Austin’s Land of Little Rain, and Gary Snyder’s The Practice of the Wild Journeys into the wilderness test far more than the physical boundaries of the human traveler. Twentieth century wilderness authors move beyond the traditional travel-tour approach where nature is an external diversion from everyday life. Instead, nature becomes a catalyst for knowing our internal wilderness and our universal connections to all living things. In Margaret Atwood’s SurfacingRead MoreBiography of Margaret Atwood Essay example1511 Words   |  7 Pages Female writes most of the time focused their stories in experiences or personal point of view on what is going on around them. Other women write fiction of unusual worlds and character that people can relate to with the struggle or experiences. Margaret Atwood the â€Å"Canadian nationalist poetess is a prominebt figure concerned with the need for a new language to explore relations between subjects and societyâ€Å" (Omid, Pyeaam 1). Atwood wrote her first novel called, â€Å"The Edible Woman†; this first novelRead MoreEssay on The Malignant American in Surfacing1440 Words   |  6 PagesThe Malignant American in Surfacing   Ã‚  Ã‚   Before traveling through Europe last summer, friends advised me to avoid being identified as an American.   Throughout Europe, the term American connotes arrogance and insensitivity to local culture.   In line with the foregoing stereotype, the unnamed narrators use of the term American in Margaret Atwoods Surfacing is used to describe individuals of any nationality who are unempathetic and thus destructive.   The narrator, however, uses the word in theRead More Fall of Man Depicted in Atwoods Backdrop Addresses Cowboy Essay1086 Words   |  5 Pages Fall of Man Depicted in Atwoodsnbsp; Backdrop Addresses Cowboynbsp;nbsp; The sexual politics of the man-woman relationship, or more specifically the sexual exploitation of women by men, is a clear concern in Margaret Atwoods Backdrop Addresses Cowboy. Although the oppressor-as-male theme is by no means an original source of poetic inspiration, Atwoods distinction is that she views the destructive man-woman relationship as a metaphor for, symptom and symbol of, bigger things. From theRead MoreSurfacing by Margaret Atwood Essay1086 Words   |  5 PagesSurfacing by Margaret Atwood In Surfacing, by Margaret Atwood, the unnamed protagonist acquires a radical perception of reality that is developed through an intense psychological journey on the island that served as her childhood home. Truth can be taken from the narrators viewpoint, but the reader must explore the inner turmoil plaguing her in order to understand the basis of such beliefs. The narrators perception of reality can be deemed reliable once all of these factors are understood;Read MoreThe Life and Works of Margaret Atwood614 Words   |  2 PagesAn Examination the Life and Works of Margaret Atwood Born on November 18, 1939, Margaret Eleanor Atwood was raised by Carl Edmund and Margaret Dorothy Atwood (â€Å"Atwood, Margaret 1939-.† Concise Major 21st Century Writers). Born in Ottawa and raised in Toronto she spent the larger part of her youth in Canada (â€Å"Atwood, Margaret (1939-).†Gothic Literature: A Gale Critical Companion). As a young child she was raised in an intellectually stimulating environment and was encouraged to pursue a life inRead More The Black and White World of Atwoods Surfacing Essay2219 Words   |  9 PagesThe Black and White World of Atwoods Surfacing  Ã‚  Ã‚  Ã‚     Ã‚   Many people elect to view the world and life as a series of paired opposites-love and hate, birth and death, right and wrong. As Anne Lamott said, it is so much easier to embrace absolutes than to suffer reality (104). This quote summarizes the thoughts of the narrator in Margaret Atwoods novel Surfacing.   The narrator, whose name is never mentioned, must confront a past that she has tried desperately to ignore (7). She sees herselfRead MoreFemale Dominance And How The Male Characters Within Atwood s Article1394 Words   |  6 PagesMargaret Atwood’s novel Surfacing consists of an unnamed heroine visiting her childhood home with three other friends, two of which are married to one another, Anna and David and Joe, the narrator’s boyfriend. As the narrator takes us through her experience, we learn a lot about the characters within the text. This essay will exclusively focus on male dominance and how the male characters within Atwood’s text appose thei r power upon the women in their lives and what allows them to do so. There areRead More Comparing the Feminine Quest in Surfacing and Song of Solomon3530 Words   |  15 PagesThe Feminine Quest in Surfacing and Song of Solomon      Ã‚  Ã‚  Ã‚   Margaret Atwood in her novel Surfacing and Toni Morrison in her novel Song of Solomon require their heroines to pass through a stage of self-interpretation as a prerequisite for re-inventing the self.   This stage in the feminine journey manifests a critical act typically absent in the traditional male journey, and one that places Atwood and Morrisons heroines at odds with the patriarchal community.   If authors of feminine journeys

The Benefits of Cloning Essay - 1095 Words

The Advantages of Cloning The first successfully cloned mammal was created on February of 1997. It was a breakthrough in scientific research when the Scottish scientists cloned a sheep by the name of Dolly. The method of cloning requires the extraction of DNA from anywhere on a subjects body and inserting that DNA into a womans egg. Worldwide attention was turned to the prospect of human cloning and with a push for sweeping prohibition (Tribe 459) legislatures around the world banned any research related to cloning because of its nature. To get rid of cloning research would be very harmful and detrimental to society. If cloning humans is allowed then it will benefit us all because of the medical advances and understands that†¦show more content†¦A cloned person is just like a twin, only years apart. A cloned person has its own personality because it is the environment and experiences that make the person. Any beliefs that clones are mindless human beings are wrong. Many assume the worst tha t the worst could happen. People always assume the worst, recall The Boys From Brazil, a story of identical offspring of Adolf Hitler being raised in order to further his horrible work (Wilson 463). The prevailing belief that people will start cloning a master race or clone Hitler is unrealistic. The cloning of humans will not depreciate humanity. Instead it will be a bonus to mankind. Even if Hitler were to be cloned, it wouldnt mean that the clone would be like or even succeed in continuing the original Hitlers plan. Another concern and the strongest of the arguments that many have is that it goes against Gods will (Wilson 463). Since reproduction through copulation is the norm everything that goes against that is wrong, many assert. There was similar criticism of the aforementioned birth control pills and organ transplant surgery but they have gradually gained acceptance. When revolutionary advances occur there are always those who oppose it because it disrupts the normality of things. Another primary argument is the fact that as of now the cloning technology is too risky. Dolly was the only lamb to emerge out of 277 attempts, and we still do not know how long sheShow MoreRelatedThe Potential Benefits Of Cloning1068 Words   |  5 PagesCloning Cloning has been one of the most widely discussed and controversial scientific topics in the past decade. Cloning has been applied in many fields including the creation of new breeds of plants and animals. However, the cloning of plants has been practiced for hundreds of years. Cloning can be done on a larger level in animals and has potential benefits. The general process of cloning is to take one cell from the parent making the offspring and parent genetically identical (Tsunoda andRead MoreThe Benefits of Human Cloning1337 Words   |  6 PagesThe Benefits of Human Cloning There are many ways in which in which human cloning is expected to benefit mankind. Below is a list that is far from complete. †¢ Dr. Richard Seed, one of the leading proponents of human cloning technology, suggests that it may someday be possible to reverse the aging process because of what we learn from cloning. †¢ Human cloning technology could be used to reverse heart attacks. Scientists believe that they may be able to treat heart attack victims by cloning theirRead MoreBenefits of Cloning Essay1375 Words   |  6 PagesBenefits of Cloning What if while walking down the street you encountered someone who looked exactly like you? Would you stare in amazement or would your heart be filled with fear? At first some people may look upon the idea of cloning with disgust and question themselves if humans should play God while others would be interested and study the many possibilities that cloning offers. This illustrates the path that cloning has taken over the latter part of the twentieth century. At first, whenRead More The Benefits of Cloning Essay970 Words   |  4 PagesThe Benefits of Cloning Imagine having a twin that looks and acts exactly like you. Even more interesting this twin is a product of scientific cloning. If scientists have their way, identical replicas of human beings will be roaming the earth. This scientific vision may occur a lot more recent then many think. Cloning can be (better) understood by looking at it’s definition, process, and some examples. This first step to better understanding cloning is to hear precisely what it is. CloningRead MoreEssay on Benefits of Human Cloning614 Words   |  3 PagesBenefits of Human Cloning Some of the Benefits of cloning are very appealing. Listed below are some of the benefits which could be possible with the use of cloning technology: †¢ Rejuvenation. Dr. Richard Seed, one of the leading proponents of human cloning technology, suggests that it may someday be possible to reverse the aging process because of what we learn from cloning. †¢ Human cloning technology could be used to reverse heart attacks. Scientists believe that they may be able to treatRead More The Benefits of Cloning Research Essay1449 Words   |  6 PagesThe Benefits of Cloning Research   Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬Å"To be or not to be†¦Ã¢â‚¬  In the last fifty years new forms of technology have been the center of attention for every human being. It seems that every day scientists come up with some new, perhaps even controversial, and exciting ways to improve the quality of life. These new technologies affect every aspect of life, as we know it. One such technology is the research being done in the area of cloning. Cloning is the production of one or more cells, individualRead MoreBenefits of Cloning Essay examples737 Words   |  3 PagesCloning is the process of making a genetically identical organism through the use of a DNA sample. After the first cloned sheep dolly was created, many people were keen in knowing more about cloning and its benefit to society. Additionally, many of us want to know the pros and con the disadvantages and possible risks it may have on society and mankind. Most importantly, there are three types of cloning, therapeutic, reproductive , and embryonic cloning. These types of cloning are all ways of scientistsRead MoreEssay on The Benefits of Human Cloning1005 Words   |  5 PagesThe Benefits of Human Cloning In recent years, many new breakthroughs in the areas of science and technology have been discovered. A lot of these discoveries have been beneficial to scientific community and to the people of the world. One of the newest breakthroughs is the ability to clone. Ever since Ian Wilmut and his co-workers completed the successful cloning of an adult sheep named Dolly, there has been an ongoing debate on whether it is right or wrong to continueRead More The Benefits of Cloning Essay examples1063 Words   |  5 PagesThe Advantages of Cloning      Ã‚   People often question whether or not cloning is morally acceptable in our society, and also if it is worth all the money that we spend on research for cloning.   It is hard to believe that not to long ago many people believed that joining a sperm and an egg in a test tube was considered to be morally wrong.   It is now used by millions of doctors around the world.   Cloning is at the beginning stages of being considered morally unacceptable and will soonRead MoreThe Benefits Of Human Reproductive Cloning989 Words   |  4 PagesIn measuring the benefits, human reproductive cloning would be advantageous to the well-being of humans and because it is a fulfillment of personal autonomy. Firstly, this technique is a sound method for infertile couples to have a genetically related ‘child’ and it is a method to provide a patient medical treatment in a form of gene therapy or organ transplants (Hayry 2003). Secondly, the value of personal self-governan ce has been emphasized by human traditions in which the liberty of individuals

A Poetical Analysis of Queen¡¯S Bohemian Rhapsody

A Poetical Analysis of Queen ¡Ã‚ ¯s Bohemian Rhapsody This paper looks at Queen ¡Ã‚ ¯s Bohemian Rhapsody from a poetic perspective. Bohemian Rhapsody was written in 1975 by the British rock band Queen, whose lead singer Freddie Mercury died in 1991 from AIDS. The song is one of the world ¡Ã‚ ¯s most popular all-time songs. It is an epic work that belongs to the musical genre  ¡Ã‚ ®Rock-Opera ¡Ã‚ ¯. The song is part of the band ¡Ã‚ ¯s Night at the Opera album that was released in 1975. This period is the so-called  ¡Ã‚ ®Golden Era ¡Ã‚ ¯ for Queen in which they came to be known as amongst the best in the music business. There are a number of possible themes to Bohemian Rhapsody. It could be about the singer ¡Ã‚ ¯s religion. Freddie Mercury ¡Ã‚ ¯s religion was  ¡Ã‚ ®Zoroastrianism ¡Ã‚ ¯.†¦show more content†¦anyone can see till the end shows an almost textbook example of this. Note the difference between ritardando and rubato. The latter is a whole branch of musicology and studies the way a performer should increase or decrease the tempo in certain moments from a musical work. For instance, Chopins pieces usually require such approach although he never put down in writing where he wanted to hurry up and where he wanted to slow down. Thats why rubato is one of the most sophisticated techniques in music and demands a quite considerable musical sense and talent. In  ¡Ã‚ °Bohemian Rhapsody ¡Ã‚ ± certain chord progressions are used frequently. The heavy and looped use of such chord progressions often results in a very predictable song. For certain listeners this is good, and it even helps them to memorize the piece. For many others, though, the clich ¨Ã‚ ¦-based songs get boring very quickly, especially if the melody is also predictable. Queen use a very limited and tasteful use of clich ¨Ã‚ ¦s, a very nice example of this is Bohemian Rhapsody and the clich ¨Ã‚ ¦s in the verses. The tone and mood of Bohemian Rhapsody varies throughout the song. It begins with a slow and pitiful chorus that only murmuringly hints of the possible explosion later. Mercury ¡Ã‚ ¯s first verse gradually builds  ¨C it is interesting to note the emphasis he gives to the word  ¡Ã‚ °Mama ¡Ã‚ ± not only in this verse but also throughout the song. Despite the addition of various

The Introduction of Starbucks Free Essays

Background of Starbucks In 1970s, Starbucks opens first store in Seattle’s Pike Place Market. The name comes from Herman Melville’s Moby Dick, a classic American novel about the 19th century whaling industry. The seafaring name seems appropriate for a store that imports the world’s finest coffees to the cold, thirsty people of Seattle. We will write a custom essay sample on The Introduction of Starbucks or any similar topic only for you Order Now In 1980s, Howard Schultz joins Starbucks as director of retail operations and marketing. Starbucks begins providing coffee to fine restaurants and espresso bars. At the next year, he travels to Italy, where he’s impressed with popularity of espresso bars in Milan. He sees the potential to develop a similar coffeehouse culture in Seattle. He convinces the Starbucks’ founders to test the coffeehouse concept in downtown Seattle by serving the first Caffe Latte. Howard found Il Giornale, which offering brewed coffee and espresso beverages. Its name changed to Starbucks Corporation and opened in Canada. In 1990s, Starbucks expands headquarters in Seattle. It became the first privately owned U. S. company to offer a stock option program that includes part-time employees. It opened the first licensed airport store at Seattle’s Sea-Tac International Airport and completed initial public offering (IPO) at the next year. It opened roasting plant in Kent, Wash. In 1994,  Starbucks opens the first drive-thru location and introduces Starbucks ® super-premium ice cream in 1995. They  begin establish the Starbucks Foundation. In 1998, they extend the Starbucks brand into grocery channels across the U. S. and  launch Starbucks. om. In 2000s, to our excellent coffees and espresso drinks, people now enjoy for Tazo ® tea and Frappuccino ® blended beverages. Howard transitions to chairman and chief global strategist, Orin Smith promoted to president and chief executive officer. They established licensing agreement with TransFair USA to sell Fairtrade certified coffee. In  2003,  they acquire Seattle Coffee Company and open the first Farmer Support Center in San Jose , Costa Rica. In 2006, Starbucks launches the first paper beverage cup containing ost-consumer recycled fiber. Chairman Howard returns as chief executive officer and then acquires Coffee Equipment Company. He launches Starbucks first online community. In 2010s,  Starbucks expanded digital offerings for customers with free unlimited Wi-Fi, Starbucks Digital Network. Until 2012, Starbucks has out of 17,000 stores throughout the world. It also  introduces Starbucks ® Blonde Roast and announces Verismo ® system by Starbucks premium single-cup espresso machine. Starbucks also acquires La Boulange ® bakery brand to elevate core food offerings. Nature of Business Starbucks is one of the famous coffee brands and shop it also is the best coffee making. It purchases and roasts high-quality bean coffees and sells them along with fresh, rich-brewed, Italian style espresso beverages, a variety of pastries and confections, and coffee-related accessories and equipment-primarily through its company-operated retail stores. In addition to sales through our company-operated retail stores, Starbucks sells whole bean coffees through a specialty sales group and supermarkets. Additionally, Starbucks produces and sells bottled Frappuccino ® coffee drink and premium ice creams through its joint venture partnerships and offers a line of innovative premium teas produced by its wholly owned subsidiary, Tazo Tea Company. Starbucks are also launches Starbucks Card iPhone apps and Starbucks Card Mobile payment. The Company’s objective is to establish the Starbucks as the most recognized and respected brand in the world. To achieve this goal, the Company plans to continue to rapidly expand its retail operations, grow its specialty sales and other operations, and selectively pursue opportunities to leverage Starbucks brand through the introduction of new products and the development of new distribution channels. How to cite The Introduction of Starbucks, Papers

Great Gatsby Color Symbolism Essay Example For Students

Great Gatsby Color Symbolism Essay The Hidden Story in Green and White Color symbolism is really popular in novels written during the 1920s. One such example is Scott Fitzgeralds novel The Great Gatsby. There is much color symbolism in this novel, but there are two main colors that stand out more than the others. The colors green and white influence the story greatly. Green shows many thoughts, ideas, attitudes, and choices that Gatsby has throughout the story. White represents the stereotypical faade that every character is hiding behind. The color green, as it is used in the novel, symbolizes different choices the character, Gatsby, can make during his life. The green element in this novel is taken from the green light at the end of the dock near Daisys house. The color itself represents serenity, as in everything is perfect. This warns Gatsby that he should not pursue his dream for getting Daisy back, because his chance has passed and everything is as it should be. This is shown with Nicks insight, His dream must h ave seemed so close that he could hardly fail to grasp it. He did not know that it was already behind him (Pg.189) Another symbolization of the color green, which contradicts the first, is the meaning go. As in a traffic light signal, most people associate green with the word and action go. This can be interpreted as meaning Gatsby should go for his dream without hesitation. It implies that Gatsby and Daisy are meant to be together and nothing should stop Gatsby from his destined happiness and love with Daisy. It inspires hope for Gatsby that he is on the right path, heading towards the best years of his life. He believes that things will soon be as they once were, only better. Im going to fix everything just the way they were before, he said nodding determinedly. Shell see.(Pg. 117.) The last symbolization the color green has in this novel is an urge to strive ahead in life, to do better in life and succeed. Gatsby changes his entire persona for a better, more sociable, image and s tatus. He is constantly striving to be a more successful figure in society. Ever since he was a boy he put himself on a schedule with hopes for becoming a highly respected, well-known person. He knew he had a big future in front of him. (Pg. 181), his dad says about him. Jimmy was bound to get ahead. He always had some resolves like this(Pg. 182). White is the other color symbolism interlaced into this novel. Where green only influenced one character, white has a wider range of influence on the characters. This color symbolizes one thing, a faade, but it appears in every character. For example, Daisy is always seen wearing white, which gives her and innocent naive appearance. It is as though she uses that as an excuse for when she does something ridiculous or childish, making it seem like she does not know any better. In reality, she knows exactly what she does but just doesnt care. She uses this little princess image and her money to hide her biased, snobbish, and conceited view of herself and her lifestyle. They were careless people, Tom and Daisythey smashed up things and creatures and then retreated back into their money or their vast carelessness or whatever it was that kept them together(Pg. 187-188). Another character that hides behind the white symbolic faade is Jordan Baker. She also wears white quite often. She acts as though she is superior to everyone around her. Her posture, her attitude, and even the things she says imply this arrogance. She was extended full length at her end of the divan, completely motionless and with her chin raised a little as if she were balancing something on it which was quite likely to fall. If she saw me she me out of the corner of her eyes she gave no hint of it-indeed I was almost surprised into murmuring an apology for having disturbed her by coming in. (Pg.13). She portrays a bored and apathetic attitude about everything, which is part of her I am too good for you appearance. In reality, she .ube4467d23c8e7740364397d986df8396 , .ube4467d23c8e7740364397d986df8396 .postImageUrl , .ube4467d23c8e7740364397d986df8396 .centered-text-area { min-height: 80px; position: relative; } .ube4467d23c8e7740364397d986df8396 , .ube4467d23c8e7740364397d986df8396:hover , .ube4467d23c8e7740364397d986df8396:visited , .ube4467d23c8e7740364397d986df8396:active { border:0!important; } .ube4467d23c8e7740364397d986df8396 .clearfix:after { content: ""; display: table; clear: both; } .ube4467d23c8e7740364397d986df8396 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ube4467d23c8e7740364397d986df8396:active , .ube4467d23c8e7740364397d986df8396:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ube4467d23c8e7740364397d986df8396 .centered-text-area { width: 100%; position: relative ; } .ube4467d23c8e7740364397d986df8396 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ube4467d23c8e7740364397d986df8396 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ube4467d23c8e7740364397d986df8396 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ube4467d23c8e7740364397d986df8396:hover .ctaButton { background-color: #34495E!important; } .ube4467d23c8e7740364397d986df8396 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ube4467d23c8e7740364397d986df8396 .ube4467d23c8e7740364397d986df8396-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ube4467d23c8e7740364397d986df8396:after { content: ""; display: block; clear: both; } READ: The Metamorphosis: Life as a Bugman Essay

Internal Rate of Return and Terminal Value free essay sample

For both financing alternative, develop a model that shows forecasted revenues, expenses, profits, and free cash flows generated by Harmonic in years one through seven. -Model shown in chart below. †¢What is the terminal value of the company under each scenario? As you can see in the graph below, the terminal value for the company if it takes the equity route is about $106M, where if it takes the debt route its terminal value will be about $45M. †¢What cash payments will be made by the company at the end of year seven? As you can see in the graph below, the only cash outflows from the company in year 7 will come from debt financing, with about an $11M outflow from buying back the building from Frank Thomas, as well as about a $6M outflow from paying back the 9% interest loan. 2)At what price must Harmonic repurchase the building from Frank Thomas to produce his required 15% after-tax return? In order for Frank Thomas to earn his 15% after tax return, Harmonic must buyback the building for just over M. We will write a custom essay sample on Internal Rate of Return and Terminal Value or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The calculations can be seen in the chart below. 3)What proportion of the terminal value must be distributed to Comet Capital to produce its required 25% before-tax rate of return? In order for Comet Capital to produce its 25% before tax return, they must receive about $73. 5M terminal value. This amount is about 69% of the total terminal value at the end of year 7. 4)What are the forecasted cash flows, rates of return on investment, and value created for Burns and Irvine under the debt and equity financing alternatives? As you can see in the chart below, in respect to equity financing, the forecasted cash flows begin negative, and then gradually increase until a highly increase terminal sell price. The IRR of the investment will be 559%. And the value created from their very small investment will be around $50M in only a 7 year period. As for debt financing, the forecasted cash flows will also begin negative, and then increase until year 5. In year 5, they have one major cash outflow from repurchasing the equipment, but their cash flow will still remain positive. After year 5, they cash flow will pick up where it left off and increase even higher until they sell the company. The IRR will be around 429%. And the value created from the small investment will be just under $45 million in only a 7 year period. 5)What are the positives and negatives of each proposal? Which financing alternative would you recommend and why? Equity Proposal †¢Advantages i. Higher IRR ii. Can immediately complete launch of new hearing aid ?Will stay ahead of competition iii. Will reduce the risk of the transaction iv. Will reduce cost of goods sold on new goods from purchasing new equipment v. Will increase depreciation expense, lowering tax expenses vi. Will have no rent, interest, or lease expenses vii. If company goes down, will not have to pay any additional money back †¢Disadvantages i. Less ownership in company ii. Will have to invest more capital in the company than the debt proposal Debt Proposal †¢Advantages i. Maintain 100% ownership of company ?Will not have to follow anyone else’s plans for the business and can completely control the direction the company moves in ii. More tax deductions †¢Disadvantages i. Lower IRR ii. Will have a delay in bringing new hearing aid to the market ? Will allow competition to catch up to them faster iii. Will have to worry about having enough cash flow to pay for several different interest payments and buy back the land/building iv. Much more likely to have to worry about financial distress in the future since they will have to pay some money back v. Will increase the cost of goods sold on future developed products vi. Much lower receivables As you can see above from the advantages/disadvantages of both financing alternatives, it seems like a very easy decision to take the route of the equity financing. They will not be in complete control of the company, and will have to find a way to get an additional $50K to invest into the company, but their expected return after paying off the additional investor is still much higher than the debt alternative. Also, by taking the equity route, they will be able to immediately release the new hearing aid, and will have enough funds to stay ahead of the competition. It will increase their market share, which in turn will help them in the future years if they decide to release a new, not already planned for product. Their risk of falling into financial distress will also be much lower, their free cash flows every year will be larger, and their company will have a larger terminal value than the debt financing route. Also, since they will have another investor, they should have easier access to future financing if needed, as well as some additional expertise to help them out. I would without a doubt recommend them taking the equity financing route.

One Nation Under Wal-Mart an Example of the Topic Business Essays by

One Nation Under Wal-Mart Wal-Mart Stores, Inc was founded in 1962 by Sam Walton and it was incorporated in 1969. It first appeared on the New York stock exchange in 1972. It is the largest private employer worldwide. In United States, it has an estimated 20% of the retail grocery and 45% of the retail toy business. This makes it the largest grocery retailer that exists in United States. Wal-Mart has its operations in United Kingdom as ASDA, Mexico as Walmex and Japan as the Seiyu Co. Ltd. However in 2006, operations in South Korea and Germany had to be closed and sold by management because of a highly competitive market and sustained losses that it had incurred (Davies 1997). Need essay sample on "One Nation Under Wal-Mart" topic? We will write a custom essay sample specifically for you Proceed Our Customers Often Tell EssayLab writers: How much do I have to pay someone to make my essay now? Specialists suggest: Essay Help Provided Here With Beneficial Facilities! Cheap Essays Not Plagiarized Professional Writer For Hire Do My Assignment Best Essay Writing Company The Wal-Mart stores, division of the United States is the largest business subsidiary resulting in the 67.2% net sales of the fiscal year 2006. The Wal-mart stores, Inc, also operates under two segments: the Sams CLUB and the Wal-Mart stores segments. Supercenters, Walmart.com, neighborhood markets and discount stores comprise the Wal-mart stores segments. The neighborhood markets is comprised of frozen food, paper goods, pharmaceuticals, household chemicals, photo processing, dry grocery, bakery, meat, pet supplies, beauty aids and general merchandise departments (Shaw Barry 2007). Currently, Wal-mart is one of the largest companies in the world and has achieved much of its success in retail. It has more than 4,750 stores with an estimated 138 million shoppers who visit these stores weekly. The company has managed to conquer almost every corner of America increasing its strongholds in both the rural South and Midwest and also urban America. The companys marketplace is powerful such that it is estimated that 82% of the households in America purchase an item from Wal-Mart yearly. Households staples are controlled at 30% of the market, 15% and 15-20% of all magazines and all CDs are sold respectively. Wal-Mart is also behind the importation of 10% of all goods from China to United States (Shaw Barry 2007). Answers to Discussion Questions Question one I personally like Wal-Mart as a consumer because it is the largest retail company that exists in United States of America. I shop at Wal-Marts quite frequently because the prices offered at Wal-marts are cheaper compared to other retail stores in my area of residence. Apart from the low prices it guarantees to consumers, it also offers a wide range of products ranging from electronics, photo processing and toys to grocery products. These items are readily available at all times and at affordable prices. I like Wal-Mart stores because of the diverse activities that it offers to human mankind and other development activities globally. It employs about 1.8 million people worldwide in the more than 3,900 stores in United States of America and more than 2,799 stores in the west of the world (Shaw Barry 2007). Despite the cheap prices that Wal-Mart offers, I do not like its policies regarding its employees. This is because workers in Wal-Mart store earn low wages; they are also given low rates of the employee health insurance, cases of alleged sexism and a host of other issues. Question two There is a Wal-Mart store in my area of residence that offers a wide range of products. The impact of the store on the local community has been mixed. The Wal-Mart store has created both positive and negative effects on the local consumers hence changing consumer behavior as well. Wal-Mart store has had more of negative effects to my community as compared to the good things it has done for us. It has had much success on consumers part through the cheap and affordable prices of goods it offers hence attracting quite a large number of consumers who prefer to purchase from the store than purchasing from other stores. Another positive impact that Wal-Mart has created in my area of residence is employment generation to the local community. Its many stores that are spread throughout the state create many career opportunities to most people who are unemployed. However the negative impacts that Wal-Mart store has created in my community surpasses by far the good aspects that it has produced. Wal-Mart store has increased competition with the other business as a result of the lower prices it offers forcing other business to close down even though they were established long ago before Wal-Marts existence in the community. Buyers have chosen to go to Wal-Mart and this has greatly affected the sales of these other businesses that in turn make losses because of this. In other words, Wal-Mart has destroyed other local businesses in my area of residence. Despite the employment creation that Wal-mart offers, one employee turnover rate has been high in my community because of the low wage rate it offers to its employees. A part from the low wage rates, these employees have limited benefits given to them accompanied by the low rates of health insurance. This has resulted into consumer resistance that starts with the employees themselves. Because of th ese factors costs have been shifted to the tax-payers and other businesses that are forced to pay the underinsured employees of Wal-Mart indirectly. As a result of the poor pay that Wal-Mart offers to the employees in my community, these workers have been forced to rely on food stamps, public aid, housing vouchers and state health subsidies among other things. Moreover, due to the low labor costs it offers, the producers of consumer goods in my area have been forced to reduce their labor costs as well hence driving them out of business. The Wal-Mart store in my community has become unpopular yet it offers cheap prices for goods and services. It seems to work out for consumers who are only buyers of these goods but for workers, producers and other establishments, it has done more harm than good. I would support the idea of a rival new store to be opened in my area that will offer great competition to Wal-Mart. I would support any other new company that is ready to establish high employee standards than what Wal-Mart is currently offering. I will not be in favor of any other extra Wal-Mart branch opening in my community because Wal-Mart has low standards for its workers despite the low prices it currently offers for its goods and services. It has low business ethics regarding employees. Introducing another branch of its own will lead to monopoly practices in the community. Question Three I think that the rise to retail dominance by Wal-mart would impact the society negatively. Retail dominance means that Wal-Mart dictates other businesses as well as consumer behavior in a society. Competition is created between Wal-Mart and other businesses such as the supermarkets who cannot cope with the low costs of goods that Wal-Mart offers since they (supermarkets) get their goods probably at a higher cost hence lowering would mean making losses in their business. Rise in retail dominance will result to Wal-Marts dictation on what it offers both the consumer and employees in terms of quality of products and wages respectively. Dominance by Wal-Mart will just mean yet another evolution of capitalism and Walmartization in America. Capitalism is a type of economic system whereby a larger part of production and distribution is privately owned just like what we see in Wal-Mart. Business ethics in this case is bound to go down because of the dominance such ethics include: the labor practices and quality of life that will be offered to the employees. Therefore dominance creates capitalism and this means that Wal-Marts retail dominance will make the production and distribution processes to be entirely owned by Wal-Mart. Retail Dominance will have a negative impact on workers. This means that the policy of the workers will be determined by Wal-Mart workers will continue receiving low wages and there will be major job lay-offs. The turnover rate will be high and also the costs on the tax payer will be increased. Question four A retailer can become two large and hence powerful. This can be seen in the case of Wal-Mart as it controls the prices it buys goods with. The low retail price it offers has had major adverse effects on other businesses and it has introduced high costs to these businesses. This has exerted a lot of pressure on these companies. Wal-mart Company can be said to be a powerful company in the worldwide. A part from being the worlds largest retailer, Wal-Mart is also the largest company worldwide surpassing General motors, Exxon Mobil and General Electronic. It exerts its power for the purpose of establishing the lowest prices to its consumers. Wal-Mart has got the power to dictate prices, hence other business or producers have to lay off their employees or close their plants and therefore, they opt for overseas products. In conclusion, I agree that a retailer can become too powerful just as experienced in Wal-Marts case. Question Five In my opinion, I do not think the opposition of Wal-Marts expansion process is causing any interference with out market processes but it could be a part of a political process in that politicians tarnish the companys name to gain political votes. Politicians could be using the weaknesses of the company in order to gain their political stand and strength. On the other hand I think the opponents of Wal-mart have valid concerns. This is because Wal-Mart poorly pays its employees by offering low wages to them. Wal-Mart has made other businesses to close down because of the low prices it offers for its goods and the costs that it has increased on the part of the tax payer. All these have resulted into low standards that the company has created (www.fastcompany.com/magazine/77/walmart.html). Therefore it is important that Wal-mart Company keenly looks into these issues so as to create consumer satisfaction. References Davies, F., (1997). Current Issues in Business Ethics. Routledge. ISBN 0415124492. Shaw, W. Barry V. (2007). Moral Issues in Business (10th Ed.) Wadsworth Publishing ISBN 0-495-00717. Wal-Mart You Dont Know, Accessed on 9 July 2007, from https://www.fastcompany.com/47593/wal-mart-you-dont-know.