John D. Rockefeller, Americas First Billionaire

John D. Rockefeller, America's First Billionaire John D. Rockefeller (July 8, 1839–May 23, 1937) was an astute businessman who became America’s first billionaire in 1916. In 1870, Rockefeller founded Standard Oil Company, which eventually became a domineering monopoly in the oil industry. Rockefeller’s leadership in Standard Oil brought him great wealth as well as controversy, as many opposed Rockefeller’s business practices. Standard Oil’s nearly complete monopoly of the industry was eventually brought to the U.S. Supreme Court, which ruled in 1911 that Rockefeller’s titanic trust should be dismantled. Though many disapproved of Rockefeller’s professional ethics, few could devalue his substantial philanthropic endeavors, which led to him to donate $540 million (more than $5 billion today) during his lifetime to humanitarian and charitable causes. Fast Facts: John D. Rockefeller Known For: Founder of Standard Oil and Americas first billionaireBorn: July 8, 1839 in Richford, New YorkParents: William â€Å"Big Bill† Rockefeller and Eliza (Davison) RockefellerDied: May 23, 1937 in Cleveland, OhioEducation: Folsom Mercantile CollegePublished Works: Random Reminiscences of Men and EventsSpouse: Laura Celestia â€Å"Cettie† SpelmanChildren: Elizabeth (Bessie), Alice (who died in infancy), Alta, Edith, John D. Rockefeller, Jr.Notable Quote: I was early taught to work as well as play, My life has been one long, happy holiday; Full of work and full of play- I dropped the worry on the way- and God was good to me every day. Early Years John Davison Rockefeller was born on July 8, 1839, in Richford, New York. He was the second of six children born to William â€Å"Big Bill† Rockefeller and Eliza (Davison) Rockefeller. William Rockefeller was a traveling salesman peddling his questionable wares across the country. As such, he was often absent from the home. John D. Rockefeller’s mother essentially raised the family on her own and managed their holdings, never knowing that her husband, under the name of Dr. William Levingston, had a second wife in New York. In 1853, â€Å"Big Bill† moved the Rockefeller family to Cleveland, Ohio, where Rockefeller attended Central High School. Rockefeller also joined the Euclid Avenue Baptist Church in Cleveland, of which he would remain a long-time active member. It was under his mother’s tutelage that the young John learned the value of religious devotion and charitable giving, virtues he practiced regularly throughout his life. In 1855, Rockefeller dropped out of high school to enter Folsom Mercantile College. After completing the business course in three months, 16-year-old Rockefeller secured a bookkeeping position with Hewitt Tuttle, a commission merchant and produce shipper. Early Years in Business It didn’t take long for John D. Rockefeller to develop a reputation as an astute businessman: hardworking, thorough, precise, composed, and adverse to risk-taking. Meticulous in every detail, especially with finances (he even kept detailed ledgers of his personal expenditures from the time he was 16), Rockefeller was able to save $1,000 in four years from his bookkeeping job. In 1859, Rockefeller added this money to a $1,000 loan from his father in order to invest in his own commission merchant partnership with Maurice B. Clark, a former Folsom Mercantile College classmate. Four years later, Rockefeller and Clark expanded into the regionally booming oil refinery business with a new partner, chemist Samuel Andrews, who had built a refinery but knew little about business and the transporting of goods. However, by 1865, the partners, which numbered five including Maurice Clark’s two brothers, were in disagreement about the management and direction of their business, so they agreed to sell the business to the highest bidder amongst them. The 25-year-old Rockefeller won it with a bid of $72,500 and, with Andrews as a partner, formed Rockefeller Andrews. In short order, Rockefeller studied the nascent oil business in earnest and became savvy in its dealings. Rockefeller’s company started small but soon merged with O.H. Payne, a large Cleveland refinery owner, and then with others as well. With his company growing, Rockefeller brought his brother (William) and Andrews’ brother (John) into the company. In 1866, Rockefeller noted that 70% of refined oil was being shipped to overseas markets. Rockefeller set up an office in New York City to cut out the middleman, a practice he would use repeatedly to cut expenses and increase profits. A year later, Henry M. Flagler joined the group and the company was renamed Rockefeller, Andrews, Flagler. As the business continued to succeed, the enterprise was incorporated as the Standard Oil Company on January 10, 1870, with John D. Rockefeller as its president. The Standard Oil Monopoly John D. Rockefeller and his partners in the Standard Oil Company were rich men, but they strove for even greater success. In 1871, Standard Oil, a few other large refineries, and major railroads secretly joined together in a holding company called the South Improvement Company (SIC). The SIC gave transportation discounts (â€Å"rebates†) to the large refineries that were part of their alliance but then charged the smaller, independent oil refineries more money (â€Å"drawbacks†) to shuttle their goods along the railroad. This was a blatant attempt to economically destroy those smaller refineries and it worked. In the end, many businesses succumbed to these aggressive practices; Rockefeller then bought out those competitors. As a result, Standard Oil obtained 20 Cleveland companies in one month in 1872. This event became known as â€Å"The Cleveland Massacre,† ending the competitive oil business in the city and claiming 25% of the country’s oil for Standard Oil Company. It also created a backlash of public contempt, with the media dubbing the organization â€Å"an octopus.† In April 1872, the SIC was disbanded per the Pennsylvania legislature but Standard Oil was already on its way to becoming a monopoly. A year later, Rockefeller expanded into New York and Pennsylvania with refineries, eventually controlling nearly half of the Pittsburgh oil business. The company continued to grow and consume independent refineries to the point that Standard Oil Company commanded 90% of America’s oil production by 1879. In January 1882, the Standard Oil Trust was formed with 40 separate corporations under its umbrella. To increase the financial gain from the business, Rockefeller eliminated middlemen like purchasing agents and wholesalers. He began manufacturing the barrels and cans needed to store the company’s oil.  Rockefeller also developed plants that produced petroleum byproducts like petroleum jelly, machine lubricants, chemical cleaners, and paraffin wax. Ultimately, the arms of the Standard Oil Trust eradicated the need for outsourcing entirely, which devastated existing industries in the process. Marriage and Children On September 8, 1864, John D. Rockefeller married the valedictorian of his high school class (though Rockefeller did not actually graduate). Laura Celestia â€Å"Cettie† Spelman, an assistant principal at the time of their marriage, was a college-educated daughter of a successful Cleveland businessman. Like her new husband, Cettie was also a devoted supporter of her church and like her parents, upheld the temperance and abolition movements. Rockefeller valued and often consulted his bright and independently-minded wife about business manners. Between 1866 and 1874, the couple had five children: Elizabeth (Bessie), Alice (who died in infancy), Alta, Edith, and John D. Rockefeller, Jr. With the family growing, Rockefeller bought a large house on Euclid Avenue in Cleveland, which became known as â€Å"Millionaire’s Row.† By 1880, they also purchased a summer home overlooking Lake Erie; Forest Hill, as it was called, became a favorite home of the Rockefellers. Four years later, because Rockefeller was doing more business in New York City and did not like being away from his family, the Rockefellers acquired yet another house. His wife and children would travel each fall to the city and stay for the winter months in the family’s large brownstone on West 54th Street. Later in life after the children were grown and grandchildren came, the Rockefellers built a house in Pocantico Hills, New York, a few miles north of Manhattan. They celebrated their golden anniversary there but during the following spring in 1915, Laura â€Å"Cettie† Rockefeller passed away at age 75. Media and Legal Woes John D. Rockefeller’s name had first been associated with ruthless business practices with the Cleveland Massacre, but after a 19-part serial exposà © by Ida Tarbell titled History of Standard Oil Company, started appearing in McClure’s Magazine in November 1902, his public reputation was proclaimed to be one of greed and corruption. Tarbell’s skillful narrative exposed all elements of the oil giant’s efforts to squash competition and of Standard Oil’s overbearing domination of the industry. The installments were later published as a book of the same name and quickly became a bestseller. With this spotlight on its business practices, the Standard Oil Trust was attacked by state and federal courts as well as by the media. In 1890, the Sherman Antitrust Act was passed as the first federal antitrust legislation to limit monopolies. Sixteen years later, the U.S. attorney general during President Teddy Roosevelt’s administration filed two dozen antitrust actions against large corporations; chief among  them was Standard Oil. It took five years, but in 1911, the U.S. Supreme Court upheld the lower court’s decision that ordered Standard Oil Trust to divest into 33 companies, which would function independently from each other. However, Rockefeller did not suffer. Because he was a major stockholder, his net worth grew exponentially with the dissolution and establishment of new business entities. Rockefeller as Philanthropist John D. Rockefeller was one of the wealthiest men in the world during his lifetime. Though a tycoon, he lived unpretentiously and kept a low social profile, rarely attending the theatre or other events typically attended by his peers. Since childhood, he had been trained to give to church and charity and Rockefeller had routinely done so. However, with a fortune believed to be worth more than a billion dollars after the dissolution of Standard Oil and a tarnished public image to rectify, John D. Rockefeller began to give away millions of dollars. In 1896, 57-year-old Rockefeller turned over the day-to-day leadership of Standard Oil, though he held the title of president until 1911, and began to focus on philanthropy. He had already contributed to the establishment of the University of Chicago in 1890, giving $35 million over the course of 20 years. While doing so, Rockefeller had acquired confidence in Rev. Frederick T. Gates, the director of the American Baptist Education Society, which established the university. With Gates as his investment manager and philanthropic adviser, John D. Rockefeller founded the Rockefeller Institute of Medical Research (now Rockefeller University) in New York in 1901. Within their laboratories, causes, cures, and various manners of prevention of diseases were discovered, including the cure for meningitis and the identification of DNA as the central genetic matter. A year later, Rockefeller established the General Education Board. In its 63 years of operation, it distributed $325 million to American schools and colleges. In 1909, Rockefeller launched a public health program in the effort to prevent and cure hookworm, a serious health issue in the southern states, through the Rockefeller Sanitary Commission. In 1913, Rockefeller created the Rockefeller Foundation, with his son John Jr. as president and Gates as a trustee, to foster the well-being of men and women around the world. In its first year, Rockefeller donated $100 million to the foundation, which has provided assistance to medical research and education, public health initiatives, scientific advancements, social research, the arts, and other fields around the world. A decade later, the Rockefeller Foundation was the largest grant-making foundation in the world and its founder deemed the most generous philanthropist in U.S. history. Death Along with donating his fortune, John D. Rockefeller spent his last years enjoying his children, grandchildren, and his hobby of landscaping and gardening. He was also an avid golfer. Rockefeller hoped to live to be a centenarian but died two years before the occasion on May 23, 1937. He was laid to rest between his beloved wife and mother at Lakeview Cemetery in Cleveland, Ohio. Legacy Though many Americans scorned Rockefeller for making his Standard Oil fortune through unscrupulous business tactics, its profits aided the world. Through John D. Rockefeller’s philanthropic endeavors, the oil titan educated and saved an untold number of lives and aided medical and scientific advancement. Rockefeller also forever changed the landscape of American business. Sources â€Å"John D. Rockefeller: The Ultimate Oil Man.† John D. Rockefeller: The Ultimate Oil Man.â€Å"John D. Rockefeller.† Biography.com, AE Networks Television, 16 Jan. 2019.The Rockefeller Archive Center.

How to Write an SEO Article †Part 1

How to Write an SEO Article – Part 1 How to Write an SEO Article Part 1 How to Write an SEO Article Part 1 By Colin In a recent article, A Freelance Writers Basic Guide to SEO, we had several requests asking how SEO knowledge can be used in practice, when writing articles. Naturally, we are only too happy to oblige. The methods I am going to talk about in this article have not been learnt in online courses, nor have they been taken from theory manuals you can download for a price on the Internet. Everything I am going to discuss has been gained from hard experience, both as a writer (over 10 years), and as an I.T. consultant (University degree and 18 years in the business). Is Writing an SEO Article Complicated? No. There are no magic formulas or weird science to SEO, and there’s no right or wrong way of doing things. There are guidelines, however, as you will discover in this two-part article. SEO writing is very much a matter of common sense, and the application of some very simple points that are based on the idea of well constructed articles, and well constructed websites. Surprised? Don’t be. Just read on. SEO writing is no more complicated than writing a standard article for a magazine, the only difference being, there are a couple of other factors to consider. But the basics are always the same, which is where I am going to kick this article off. Get The Basics Right Whether the article is for your own website or as part of a freelance writing contract, the most important thing to always remember when writing a Search Engine Optimised article, is to make it a GOOD article. By good article, I mean the article must be useful to the reader. It should provide them with a benefit they can visualise, or offer something of value to them that is applicable and relevant to their lives or businesses. It should be something they can relate to easily. There’s no point in writing a technically good SEO article, for it to be a load of nonsense to the reader. Not only will the website concerned lose a potential customer or lose out on traffic and advertising revenue, but the article will become a non-entity and be a complete waste of everyone’s time. If the article is no good to the reader, don’t expect it to be picked up or linked to by affiliates, link marketers, or any other medium that could have provided valuable promotion or marketing – all of which would have boosted the website’s rankings. Always remember to write for the HUMAN who will read the article at the end of the line, not the search engine algorithm that finds it. Get that right, and you are already half way there! Components of SEO Content An SEO article is made up of two distinct, but very important components: 1) it has to contain relevant and value added content 2) it has to be supported by good website infrastructure (the ‘techy bit’) As I have already mentioned, SEO article content must be topically relevant, and provide value to the reader. And as with a standard article on any conceivable subject that’s possible, it has to have a new angle, a good initial hook, and and it must be important to the reader. Writers of articles for all kinds of publication will tell you this; it’s what you learn on day 1 at freelance article writing school. What they might not tell you until much later, is that in an SEO article content must include certain keywords and keyphrases that are relevant to the topic, and the article context. These keywords and keyphrases must appear seamlessly in the article, and not disrupt the natural flow of the piece; they should ehnance it and be inconspicuous at the same time. I’ll cover the ‘techy bit’ in the part 2 of this article. Keywords and Keyphrases There’s no science to figuring out what keywords to use within the content of your article, so that they show up in search engine results. Forget about AdWords, keyword software, scientific algebrae, and costly training courses. In my opinion these are expensive sledgehammers being wielded to crack a nut,and in my experience, are only designed by people hoping to make a quick buck by taking advantage of what writers don’t know. Here’s what to do. Sit down with a notepad and pen, and write down all the words and phrases that could possibly relate to the subject/business interest you are writing about. Almost all of these will (or should) be getting used in the meta data of the web page, but this will probably not be of your concern anyway (this is also covered in the ‘techy bit’ in part 2). Some of the keywords you write down, can be used within the SEO article. For instance, I recently wrote an article for a website that is in the business of superior tourist accomodation in the Scottish Borders a bed and breakfast. The keywords and phrases I came up with were: â€Å"bed and breakfast†, â€Å"hotel†, â€Å"guest house†, â€Å"Scotland,† â€Å"Borders†, â€Å"tourism†, â€Å"accomodation†, â€Å"Scottish Tourist Industry†, etc. However, in most cases, especially if you have been hired to write an SEO article for a third party, it is more likely you will be given certain keywords to use within an article in advance. This is fine – they’ve done the brain storming for you – but however they came up with the words and phrases, it’s your job to write a quality article that has them embedded in the text. It’s not difficult, as you will see in part 2 of this article next week, when I look at applying the keywords and keyphrases, utilising hypertext links in text, keyword density, and web page optimisation (the ‘techy bit’). Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Freelance Writing category, check our popular posts, or choose a related post below:45 Synonyms for â€Å"Food†Does "Mr" Take a Period?Supervise vs. Monitor

Research Paper Article Example | Topics and Well Written Essays - 1500 words

Research Paper - Article Example Congress’ objectives are largely represented by policies and legislation, but most of them are implemented by the public sector where the public manager belongs. Therefore, members of this provision are implementers of decisions or ideas envisioned by law makers; they are instruments of reform and progress in the sector. The legislative arm of the government has the desire to make public administration systems more effective and efficient. It is for this reason that it may introduce policies and laws designed to achieve this goal. Currently, new public reform, based on neoliberalism or market economies has been implemented in the US and several other European countries with varied reactions. In the US, managers in the public sector are expected to cut down on bureaucratic coordination and instead adopt market competition or coordination as they carry out their duties. Most elected representatives aim at minimizing government expenditure, and a number of them believe that the reform movement of the day (neoliberalism) can help them achieve this. Therefore, Congress’s convictions and aims affect how public managers carry out their work as they are expected to share these objectives, as well. Provision of quality public services is seen as something desirable by the legislative arm and the public manager’s job is how these abstract ideas can be actualized (Pollitt & Bouckaert, 2000). In essence, some advocates in the legislature believe that reduction in government growth is a positive attribute as this allows it to work within its financial limits. Public managers are in charge of actual spending within various federal agencies, so they are expected to make reasonable discretions when doing their work. The neoliberal reform movement currently implies a move towards privatization rather than too much dependence on

Search and Seizure Term Paper Example | Topics and Well Written Essays - 1250 words

Search and Seizure - Term Paper Example Failure to issue of a search warrant or the absence of a search warrant invalidates the evidence searched and therefore necessitates its exclusion as evidence against William. A search warrant is an issue signed by the judge or the magistrate that authorizes the police officers to conduct a search of a definite person, a definite object or material at a definite location and at a specified time. The search warrant will serve as the basis of what the police can search and seize in a person or a property through the specific descriptions indicated in the search warrant. If the search warrant only specifies to search the bedroom, the police cannot search the living room or the backyard for further evidence. Nor can they search for drugs if the search warrant specifies weapons. Over the years, the court has allowed a number of situations in which a search warrant is not essential. An example of this situation is called the emergency exception. For example, a police is in patrol, if the p olice hear an alarming shout from the resident while he is on duty, the police can enter the premises to search and arrest the suspect for spousal abuse or child abuse. But looking in William’s case, a warrantless search can only be valid and admissible if his consent of the search was asked, but it wasn’t, making this physical evidence excludable. This exclusion will not pertain to all evidences because there is a difference between the evidence collected from the Elli’s and Stevens’s townhouses. It is stated in the scenario that â€Å"Mrs. Stevens gives the police consent to search the house for any potential evidence that might identify her husband’s killer†. And it is stated above that a warrantless search can only be valid and admissible if the person in control of the premises consents to the search which Mrs. Stevens approved to. While in William’s case, there was no search warrant issued nor he gave his consent to the

Stellar Restoration And Home Improvement To Fulfill Your Dreams And Satisfy Your Budget Essay Example for Free

Stellar Restoration And Home Improvement To Fulfill Your Dreams And Satisfy Your Budget Essay Our highly trained experts are available to help you increase the value, appeal and comfort of your home or to restore it to its former beauty after a fire, flood or other disaster. Plus, our prices are unbeatable in the market, so contact us now and start on your way to a more beautiful home. Remodeling Our contractors have decades of experience installing plumbing, wiring, heating, cooling and other critical features of any well-crafted home. Plus our extensive knowledge and skill will provide you with the highest quality workmanship in gutting out damaged and outdated structures, and installing stylish hardwood floors, tiling, and dry wall. We also specialize in the installation of bathroom and kitchen fixtures, such as pedestal sinks, hot tubs, baths, granite countertops, appliances and tiling which add a critical level of value to your home. Additions Our solid workmanship offers you the most reliable foundation work and the hardiest structures built with the strongest wood and concrete materials. We are experts at the construction and installation of fencing, iron bars, decks, carpeting, garage doors, driveways and much more. Plus, our in-house landscapers are specialists and will give your yard a lush, manicured and well-kept feel. Fire Damage Fire and smoke can ruin plumbing systems and affect your ability to restore your home on your own. We have the expertise to remove the effects of wet and dry smoke, protein and hard-to-remove soot. Plus, we have the knowledge that lets us pre-test to evaluate the extent to which restoration is possible so you don’t waste money. Water Damage The contractors we represent have the ability to help your home recover from water damage so that it looks like the disaster never occurred. We use the most powerful submersible or portable pumps, dehumidifiers, and anti-microbial agents to remove micro-organisms that might cause harm to you. Plus, we have the know-how to tackle even the toughest mold problem.

Essay examples --

Addiction: Anabolic- Androgenic Steroids Anabolic steroids, technically known as anabolic-androgenic steroids, are drugs that are related to the cyclic steroid ring system and have similar effects to testosterone in the body. They increase protein within cells, especially in skeletal muscles. They address the development and maintenance of masculine characteristics such as the growth of the vocal cords, testicles and body hair. Anabolic steroids were first made in the 1930s, and are now used therapeutically in medicine to stimulate bone growth and appetite, induce male puberty and treat chronic wasting conditions; such as cancer and AIDS. The American College of Sports Medicine acknowledges that AAS, in the presence of adequate diet, can contribute to increases in body weight, often as lean mass increases and that the gains in muscular strength achieved through high-intensity exercise and proper diet can be additionally increased by the use of AAS in some individuals. Health risks can be produced by long-term use or excessive doses of anabolic steroids. These effects include harmful changes in cholesterol levels, acne, high blood pressure, liver damage, and dangerous changes in the structure of the left ventricle of the heart. Conditions pertaining to hormonal imbalances such as gynecomastia and testicular atrophy may also be caused by anabolic steroids. Ergogenic uses for anabolic steroids in sports, racing, and bodybuilding as performance-enhancing drugs are controversial because of their hostile effects and the potential to gain unfair advantage is considered cheating. Their use is referred to as doping and banned by all major sporting bodies. Mechanism of action The pharmacodynamics of anabolic steroids are unlike peptid... ...ses the production of red blood cells. Through a number of mechanisms anabolic steroids stimulate the formation of muscle cells and hence cause an increase in the size of skeletal muscles, leading to increased strength. The androgenic effects of AAS are numerous. Depending on the length of use, the side effects of the steroid can be irreversible. Processes affected include pubertal growth, sebaceous gland oil production, and sexuality. Some examples of effects are growth of the clitoris in females and the penis in male children, increased vocal cord size, increased libido, suppression of natural sex hormones, and impaired production of sperm. Effects on women include deepening of the voice, facial hair growth, and possibly a decrease in breast size. Men may develop an enlargement of breast tissue, known as gynecomastia, testicular atrophy, and a reduced sperm count.

English Departmnet Essay

APA REFERENCING WORKSHEET STUDENT HANDOUT (1) ? APA REREFRENCE LIST FOR BOOKS, ARTICLES FROM THE INTERENET, MAGAZINE AND THE NEWSPAPER. ? BOOKS: A. A book with one author: Last name of the author, First letter of the author s name. (Year of publication). The title of the book (Should be Italicized). The place of publication. Example: Author: Martine Stephen Title of the book: English Literature: A student guide Year of publication: 2000 Place of publication: Pearson Education, London Stephen, M. (2000). English Literature: A student guide. Pearson Education, London. M ( E L A s g P E L B. A book with two authors: Last name of the first author, First letter of the first name of the author. , & Last name of the second author, First letter of the first name of the author. (Year of publication). The title of the book (Should be Italicized). The place of publication. Example: Title of the book: Reason to write, strategies for success in academic writing Name of the authors: Robert F. Cohen and Judy L. Miller. 1 | P a g e ENGL1111/1222 MRS. UMAMA AL KALBANI ENGLISH DEPARTMNET IBRI COLLEGE OF APPLIED SCIENCEs Year of publication: 2003 Place of publication: Oxford University Press, New York Cohen, R. , & Miller, J. (2003). Reason to write, strategies for success in academic writing. R & M J ( R t w s f s i a w Oxford University Press, New York. U P N Y C. A book with three authors. The last name of the first author, The first letter of the first name of first the author. , The last name of the second author, The first letter of the first name of second the author. , & the last name of the third author, the first letter of the first name of the third author. (Year of publication). The title of the book (Should be Italicized). The place of publication. Example: Title of the book: Writing A college Workbook Name of authors: James A. W. Heffernan, John E. Lincoln and Cindy Moore. Year of publication: 2001 Place of Publication: USA ? Write the reference of the previous book using the provided information?__________________________________________________________________ __________________________________________________________________ __________________________________________________________________ ? ARTICLES FROM THE INTERENET: It is recommended that when you search for articles from the internet to select that articles that have authors and the year of that submission date of that article. Some students only write the website name of the source that they get from the internet in which it is not enough. You need to cite the article from the internet in the correct APA format. So in your search for articles from the internet you have to select articles that have authors and date of submission. The next possibility is to go for articles that are written by well-Â ­? known organizations such as educational, scientific, governmental or 2 | P a g e ENGL1111/1222 MRS. UMAMA AL KALBANI ENGLISH DEPARTMNET IBRI COLLEGE OF APPLIED SCIENCEs ministerial organization. The last choice is to go for articles that are writing by anonymous (No name of authors) or that may have no submission date. A. Article from the internet with one author: The last name of the author, The first letter of the first name of the author. (Submission date). Name of the article (Italicized). Retrieved month date, year, from the website. Example: The article name: The importance of the internet for teens. The author of the article: David Thelan Submission date: 2002 Website name: htt://4teachers. org/kidspeak/theland/index. shtml Retrieved Date: 3ed October 2011 Thelan, D. (2002). The importance of the internet for teens. Retrieved October 3ed, D ( T i o t i f t R O 3 2011, from htt://4teachers. org/kidspeak/theland/index. shtml. f h B. Article with two authors: The last name of the first author, The first letter of the first name of first the author. , & The last name of the second author, The first letter of the first name of second the author. (Submission date). Name of the article (Italicized). Retrieved month date, year, from the website. C. Article with three authors: The last name of the first author, The first letter of the first name of first the author. , The last name of the second author, The first letter of the first name of second the author. , & the last name of the third author, the first letter of the first name of the third author. (Submission date). Name of the article (Italicized). Retrieved month date, year, from the website. 3 | P a g e ENGL1111/1222 MRS. UMAMA AL KALBANI ENGLISH DEPARTMNET IBRI COLLEGE OF APPLIED SCIENCEs D. Article with no author and no sponsored organization: Anonymous (No author). (Submission date). Name of the article (Italicized). Retrieved month date, year, from the website. ? Write the APA reference for the following articles from the internet: Article One: Article name: Integration of students in the teaching process. Name of authors: Jorgen Erik Christensen and Kirsten Ribu Date of submission: July 23, 2006 Website name: http:// www.icee. usm. edu/icee/conference/icee2006/papers/3387. pdf Retrieved Date: 9th October 2010 Article two: Article name: Transcript of Andrew Rawsnley s interview with the Prime Minister (BBC Radio 4 s The Westminster Hour) The name of author: No author but this article is sponsored by BBC News UK Edition. Date of submission: 6th February 2005 Website name: http://news. bbc. co. uk/go/pr/fr/i/hi/programmes/the_westminster_hour/4241787. stm Retrieved Date: 25th May 2005 P a g e ENGL1111/1222 MRS. UMAMA AL KALBANI ENGLISH DEPARTMNET IBRI COLLEGE OF APPLIED SCIENCEs.

Supply and Demand- a Case Study Milk Price

The market supply and demand curve above shows the milk price support problem. In order to solve the milk surpluses in the market, the government should take the steps to increase the market demand to the milk products by exploring overseas markets. For instance, the government should export the milk surpluses abroad. This would cut the cost of storage for milk products and encourages the local dairy farmers continue in dairy business. b. The small dairy farmers would prefer the proposal 4 because it benefits them the most through the buyout program.This program encourages small dairy farmers to switch from dairy business to another business. The rewards from government can be used as capital to start a new business. c. For consumers, they would prefer the proposal 2. Since the consumers are also the taxpayers, the dairy price support program is very costing to taxpayers. By eliminating the price support program, the consumers can enjoy the lower price of milk and the taxes to purcha se unsold milk products can used to support other domestics goods that would be more benefits the consumers. d.The member of Congress who is concern about the welfare of community will look with favor on the proposal 2. Since they investigated that the market for milk is a competitive market. Without the government intervention, the market equilibrium price for milk is set by the market demand and supply. For the benefits of consumers and taxpayers, they would enjoy a lower milk price than price floor. The problem of the farmers can be solved by increase the demand for dairy products, such as exports the milk surpluses abroad and promote the local brand of milk products to consumers. Question 2 a. When YED = 2,Income Elasticity of Demand, YED= Percentae change in quantity demandedPercentage change in income 2= ? Qd %12% ? Qd %=24 % The quantity demanded for personal computer increases 24% as the customer’s income have risen by 12%. So, in order to meet my current inventory to the increase of quantity demanded by 24%, the price of personal computer should be increased. When PED = 0. 5, Price Elasticity of Demand, PED= Percentage change in quantity demandedPercentage change in Price 0. 5= 24 %? Price % ? Price %=48 % ? The price of personal computer should be increase by 48% so that the quantity demanded will approximately equal my current inventory. . i. To determine the price elasticity of demand, PED= ? Qd %? Price % PED=4. 3 %0. 25/1. 25? 100 PED=4. 3 %20% PED=0. 125 ? When the price increased $0. 25 to $1. 50, an increase of 20%, the quantity demanded declined 4. 3%, the price elasticity of demand for subway rides is 0. 125. The elasticity is less than 1, so that the quantity demanded moves proportionately less than the price, demand is said to be inelastic. ii. Since the demand can be considered as the inelastic, the riders are less sensitive to the fare rises and there would probably because of no substitute way for riders in short period.Hence, th e Transit Authority’s revenue increases as the fare rises. iii. From the estimation, the demand for subway rides is inelastic in short run. The estimation might be unreliable because of the data gathered is only first month after the fare rises. After a longer period, the riders may choose not to use subway and find another way of transportation which is more economical to them. The switch of riders to substitute way of transportation means the quantity demanded for subway decreases. So, when the fare rises, the quantity demanded declines gradually, the price elasticity of demand would be higher and more elastic. . As a clever entrepreneur, it is important to measure how much the quantity demanded of a good responds to changes in consumer’s income. During the prosperity periods, the consumer’s income is higher, they would demand for normal goods and less demand for inferior goods. In periods of depression, the consumer’s income decreases leads to an incre ase of quantity demanded for inferior goods because their purchasing power is low. If the entrepreneur understands that inferior goods have negative income elasticity (Mankiw, 2007), he would probably switch his business to sell inferior goods.For example, a used-car seller who might sell branded luxury cars during prosperity periods. However, during depression periods, he might switch to sell low-cost cars in order to sustain his business. In conclusion, the statement is valid. Question 3 a. Diminishing returns to a single factor are observable in all production processes at some level of inputs. The ‘law of diminishing marginal productivity’ is defined as the marginal product of an input is the additional output generated by employing one more unit of the input, all other inputs held fixed.The extra output, or returns, to the single input diminish because all other inputs are held fixed. One of the factors is capital. For example, as the stock of capital rises, the ex tra output produced from an additional of capital falls (Mankiw, 2007). Returns to scale are different from the returns to a single factor. Returns to scale are proportional increases in all inputs. While each factor in production process generates diminishing returns, the output may more than double, less than double, or exactly double when all the inputs are doubled.The distinction again is that with returns to scale, all inputs are increased in the same proportion and no input is held fixed. b. In filling a vacant position, we should be concerned with the marginal product of the last worker hired because the marginal product measures the effect on output, or total product, of hiring another worker. It helps us to determine the revenue generated by hiring another worker and compared it to the cost of hiring another worker. This comparison shows that whether the hiring would help to increase the production.The point at which the average product begins to decline is the point where average product is equal to marginal product. Although adding more workers results in a further decline in average product, total product continues to increase, so it may still be advantageous to hire another worker. When average product declines, the marginal product of the last worker hired is lower than the average product of previously hired workers. c. The isoquant identifies all the combinations of the two inputs which can produce the same level of output. The curvature of the isoquant is measured by the slope of the isoquant at any given point.The slope of the isoquant measures the rate at which the two inputs can be exchanged and still keep output constant, and this rate is called the marginal rate of technical substitution. Along the typical â€Å"bowed-in† or convex isoquant, the marginal rate of technical substitution diminishes as you move down along the isoquant. SECTION B Question 4 a. To find the equilibrium price and quantity, Qd=Qs 100-5P=5P 10P=100 P=10 When P = 10, Q=5P Q=510 Q=5 ? Equilibrium price is $10, equilibrium quantity is 50 units Price of Negext, $ Market Equilibrium Quantity of Negext, Units 50 0 10 Supply Demand 20Consumer Surplus Producer Surplus Graph 2 The Negext Market Supply and Demand Consumer Surplus=12 ? $10 ? 50 =$ 250 Producer Surplus=12? $10 ? 50 =$ 250 Total Surplus=Consumer Surplus+Producer Surplus Total Surplus=$250+$250 =$ 500 ? The consumer surplus is $250, the producer surplus is $250 and total surplus is $500. b. When 50 units of Negext are produced, Total Cost of Pollution=50 ? 4 ? $1 =$ 200 The sellers would impose $4 for each units of Negext, so the price for Negext is $14. Total Surplus=$ 500-$200 =$ 300 ? The total surplus after taking into account the cost of pollution, it reduces to $ 300. . We can use total surplus to measure the welfare of buyers and sellers in Negext market. If the society banning Negext, no demand from buyers, Negext will run out of business, the society is not in economic well - being. Both buyers and sellers do not enjoy any welfare from banning. When the total surplus is zero, the total market welfare is zero as well. d. Under the government restriction, the market only can produce 25 units of Negext. (100 units of pollution ? 4 units of pollution are emitted each Negext is produced= 25 units of Negext can be produced) Qs=25 units 00-5 P=25 P=$ 15 ? The new market equilibrium when the quantity 25 units and price is $ 15. Since the minimum cost to produce one unit of Negext is $5 (assuming the cost of production per Negext is $1 and cost of pollution is $4), so the supply of Negext decreases to zero when the price falls below $5. Graph 3 shows the Negext market after the restriction. This restriction limits the production to 25units and the price rises to $15. The consumer surplus decreases to $62. 50, producer surplus is $312. 50, and pollution cost is $100. The total surplus falls $275.In short, this policy is not recommended because it reduces the tot al market welfare. Graph 3 The Negext Market Supply and Demand after the government restriction. Price of Negext, $ New Market Equilibrium Quantity of Negext, Units 0 Supply Demand 20 Producer Surplus 15 Consumer Surplus 25 5 Consumer Surplus=12? $5? 25 =$ 62. 50 Producer Surplus=12? ($10+$15)? 25 =$312. 50 Total Cost of Pollution=25 units Negext? 4 units pollution ? $1 =$ 100 Total Surplus=$ 62. 50+$312. 50-$100 =$275 e. The consumers and producers should bear the $2 tax respectively. Inverse Demand : P=18-15QInverse Supply :P=-2+15Q NEW Qd=90-5P NEW Qs=-10+5P Qd=Qs 90-5P=-10+5P P=10 Q=90-5(10) Q=40 units Refer to Graph 4, the market is in equilibrium when price is $10 and quantity, 40 units. However, the actual price paid by the consumers is $12 and the producers receiving price of $8. The tax revenue is $160. The consumer surplus is $160, producer surplus is $160, and total pollution cost is $160. The total surplus increases to $320. So, this policy is highly recommended because the increases of total market welfare that benefits all the society members.Graph 4 The Neget Market after government imposes tax. Price of Negext, $ Quantity of Negext, Units 40 0 10 Supply Demand 20 12 8 Tax Revenue=$4? 40 =$160 Consumer Surplus=12? $8? 40 =$160 Producer Surplus=12? $8? 40 =$160 Total Cost of Pollution=40? 4? $1 =$100 Total Surplus=$160+$160+$160-$160 =$320 f. When the cost of pollution is higher than $1, the total surplus decreases. The price paid by the consumer increases, the consumer surplus decreases. Then, it would affect the society well-being, especially the welfare of consumer is violated. This leads the consumers banning Negext.Moreover, if the production of Negext emit such high pollution to environment, the society should ban Negext for the safety and health of society. REFERENCES Smith, 2007. Chapter 6 answers (Online) Available From : http://www. coloradocollege. edu/Dept/EC/Faculty/Smith/EC2070102/chap_06answers. htm (Accessed : 16 July 2011) Wmich. Edu. 2010. Assignments In Class (Online) Available From : http://homepages. wmich. edu/~u5nwaogu/In%20Class%20Assignments/Inclass_3. pdf (Accessed : 16 July 2011) Mankiw, N. Gregory. (2007). Principles of Economics, 4th Edition. USA: Thomson South – Western. pp97-99, 559-562

Responsibility Centers Financial Controls Essays

Responsibility Centers Financial Controls Essays Responsibility Centers Financial Controls Essay Responsibility Centers Financial Controls Essay Responsibility Centers Financial Controls Name: Institution: Lecturer: Course: Date: Responsibility Centers Financial Controls The purpose of this project essay is to put into consideration Deer Valley Lodge’s revamping project. The ski resort is considering its options in customizing its location with more lifts for its customers. My task was to determine the suitability and contrast between two tax approaches and if the revamping project would prove to be a positive or negative investment. Before Tax NPV From the calculations in the excel sheet, if the management decides to employ the pre tax NPV approach, this will prove to be a profitable method yielding 408,953 dollars after deducting all the expenses. Every business aims at making profit (Bhimani, 2008), this approach is a profitable investment, and thus the resort can implement it. After Tax NPV If Deer Valley Lodge management decides to implement this approach in their ski investment, my calculations suggest that they will harvest profits amounting 935,438$ dollars. If I compare the two methods of approaching this investment, I would advice the management of the company to implement the after tax NPV approach since it is more profitable (Bhimani, 2008). Subjective Factors In accordance with my calculations, one of the subjective factors that would affect this decision is the profits realized from food sales, equipment rent as well as other items customers would purchase from the resort. If the resort should provide additional facilities to complement its services, purchases made would therefore have significant contribution on the net profit. This project will ensure sufficient space for the resorts customers. This means that customers will be more satisfied with the service, and may turn up in larger numbers come the next period (Cadez, 2009). In addition, I also think conditions of the weather would have significant effect on the project. Poor weather would mean poor customer turnout and good weather conditions would attract more customers (Cadez, 2007). Reference Bhimani, A., Horngren, C. T., Datar, S. M., Foster, G. (2008). Management and cost accounting. Harlow [etc.: Financial Times Prentice Hall. Cadez, S., Guilding, C. (January 01, 2009). Strategy and strategic management accounting: An investigation of organizational configuration. Programme and Collected Abstracts. Cadez, S. (January 01, 2007). A configuration form of fit in management accounting contingency theory: An empirical investigation. The Business Review, Cambridge, 7, 2, 220-227.

Common Slang Words for Vagina

Common Slang Words for Vagina The vagina is, of course, the correct word to describe female genitals. But while vagina is the clinically correct term, squeamishness continues to surround the use of the word. In addition, discussion of genitals (male or female) is often considered racy or even obscene. These cultural issues have given rise to the development of an incredible  range of slang terms for the vagina. Some of these terms are essentially euphemisms- terms that are considered to be acceptable even in the mainstream media. Others are childish or silly, while still others are degrading or even downright disgusting. Cultural Stigma The use of the word vagina has always caused cultural controversy. Use of any terms related to sexuality (particularly female sexuality) has long been banned from network television. In 1972, comedian George Carlin created a now-famous monologue called  Seven Words You Can Never Say on Television. Carlins intent was to illustrate how refusal to use words gives them power. As he said in an NPR interview in 2004: These words have no power. We give them this power by refusing to be free and easy with them. We give them great power over us. They really, in themselves, have no power. Its the thrust of the sentence that makes them either good or bad. While some discomfort over the use of sexual terminology has eased up with the rise of cable and streaming media, our cultural squeamishness has not disappeared.   In previous generations, children (particularly girls) have been encouraged to use nicer words such as peach, flower, or kitty, but with increased awareness of child sexual abuse nearly all educational experts stress that children be taught the correct word vagina and other body parts. Commonly Used Terms for Vagina Below is a breakdown of the most commonly used terms and slang for vagina; the categories are somewhat arbitrary. The meaning of each slang word is the same, but its implications vary depending not only on the term itself but also on the way in which it is used. Slang Words (Single Words) vajayjay vag twat slit snatch cooch coochie cooter cooze coozie gash hole muff flange minge box quim pocketbook poon poontang purse fud (Scottish term) Polite Slang Phrases (Two or More Words) nether regions lady garden girly bits private parts Slang Phrases (Two or More Words) mossy cleft hot box squeezebox vertical smile cha cha love tunnel Food-Related Slang cherry bearded clam furry taco tuna taco fur burger cream pie beef curtains meat curtains meat sleeve hair pie honey pot Animal-Related Slang beaver pussy kitty rat panty hamster Words Used by (or Around) Children privates private parts bits down there peach flower kitty tutu wee wee no no cookie muffin cupcake tweeny (between legs) fanny (used in the UK, Australia, and New Zealand) front butt who hoo/woohoo hoo hoo foo foo

Analysis of Visual Text (Film) Thesis Example | Topics and Well Written Essays - 1250 words - 1

Analysis of Visual Text (Film) - Thesis Example In addition, these early childhood attachments significantly influence the relational development of their internal representations of the self and other relationships between the parents and children as well (Craissati, McClurg, & Browne, 2002, pp.910). With this close understanding, parents become in a position to fulfill their parental obligations in a more appropriate way throughout the different stages of childhood and adolescence and till the point where children reaching to age where they become self sufficient to take their personal decisions more appropriately and responsibly. However, before reaching to the more mature stage, which is normally considered as the mark depicting 18 years, the road to that mark brings a considerable number of challenges not only for parents towards the nourishment of their children but also to the children and adolescence. As a result, parents are required not only to fulfill their developmental needs but also they are required to understand th eir emotional tendency and protecting them in case if they are emotionally misused by others (thesis statement). This movie is based on a story of a teen girl who becomes victim to an online sexual predator. This movie was released on April 1, 2011 and is directed by David Schwimmer. It has four basic characters- Annie (Liana Liberato), Charlie (Chris Henry Coffey), Will (Clive Owen) and Lynn (Catherine Keener). Annie is a 14-year-old girl and Will and Lynn have played the role of father and mother respectively in the film and, Charlie who plays a role of online sexual predator. Annie is a school going shy girl. Having less friendship in the school, she meets Charlie through a social networking website. Initially, Charlie convinces Annie that he is 16. Later he admits that being in his mid- 20s. Charlie uses different emotional tricks and tries to win