Abstract This paper focuses on the problems of the companies, which are taken over or in other words bought out. There are numerous small but successful companies, which are seen as a threat, even if a remote one by large companies and therefore are taken over. But what problems the new management or the old employees under the new executive can face. Let's find out.
Abstract This paper contends that the American dream has long been a dream bought on credit, rather than something substantiated in fact. The writer discusses how the current housing crisis and credit crunch has blown this bubble, disproportionately affected minority borrowers, and shown that happiness ought not to be determined by things such as home ownership. Success has been equated with material possessions, and thus having the right material objects becomes an objective determinant of an individual's moral worth. The paper concludes that the American dream must shift to one of internal, rather than external moral values and take into account the societal, racial, and class injustices that have created the real America today.
From the Paper "While credit card companies are partly to blame by marketing to consumers, like college students, who cannot afford to pay even their minimum monthly payments on large balances, the inability of Americans to differentiate between wants and needs is surely to blame as well. America is a nation with no real aristocracy, rather how much you make and your appearance is seen to determine your wealth as a person. Consider perhaps the paradigmatic American novel, The Great Gatsby, where the central bootlegging character creates an image of himself as a great man by buying a house in the right area of Long Island, and wearing the right clothes."
Abstract In this article, the writer explains that the O.M. Scott leveraged buyout case was an example of 1980s creative financing, in which a large corporation in deep debt was able to not only be bought out by a company it then took over, but gained momentum and credit credibility. The writer further explains that O.M. Scott manufactures, markets and sells lawn care and garden products; and provides garden maintenance services. The writer points out that O.M. Scott & Sons was sold and became a closely held company following the war, when, in 1971, it was bought out by ITT. O.M. Scott & Sons remained within the conglomerate until 1986. In this article, the writer looks at related problems and discusses possible alternative courses of action.
Outline:
Introduction
Background of Company
History
Analysis of Case
Major Problems
Alternative Course of Action
Analysis of Alternatives
Conclusion
From the Paper "At the end of fiscal 1961, Scott and its subsidiaries had $16.2 million of long-term debt outstanding, $12 million in renewable five-year subordinated notes of the parent company held by four insurance companies and a trustee, and $4.2 million in publicly held bonds owed by Scotts Chemical Plant, Inc., a wholly-owned subsidiary."
"The governing loan indenture limited the company's maximum outstanding debt to an amount not greater than three times the company's "equity working capital" as of the preceding March 31. The note indenture restricted outstanding subordinated notes to only 60% of maximum allowed debt. The agreement also required that Scott be free of bank debt for 60 consecutive days each year and that the company earn before taxes one and a half times its fixed financial charges, including interest on funded and unfunded debt, amortization of debt discount, and rentals on leased properties."
Abstract This paper explains that it is inaccurate to assume that there are no discernible African cultures left in the USA and that, because of the relatively small numbers of slaves bought to such a large country, all traces of African cultures were destroyed. The author points out that enslaved Africans from the same areas tended to be geographically situated together in the U.S. so that they were able to retain aspects of their individual cultures. The paper relates that Sheila Walker takes issue with the notion that European settlers "built" the U.S. and then imported some African slaves to perform manual labor for them. The paper underscores that she believes that the slaves bought to the U.S. were not ignorant, unskilled laborers but rather slave traders deliberately sought out people with skills, which the U.S. needed to help build the country.
Table of Contents:
False Assumptions
The Arguments of Sheila Walker
From the Paper "She also points out that Africans must have made a major contribution to American society, history and culture, given that they comprised the numerical majority for the duration of the modern history of the Americas, until 1820. For example, out of those coming to the USA in 1820, 3 out of 4 new arrivals were African, not European. With this kind of demographic weight, it follows that the contributions of African minds and cultural presence had to be an important ingredient in the very creation of the Americas. Walker also points out that Howard Dodson backs her up on this theory and that he believes that the transatlantic slave trade played a central, defining role in the making of the modern world."
Abstract This paper discusses the way that Chinese culture has been trivialized by Americans due to the commercialization of Chinese cultural objects. The author argues that because sacred symbols in Chinese culture can be bought as t-shirts or tacky items, it detracts from their meaning and leads Americans to perceive these items as kitsch and discusses the implications of this.
From the Paper "It is common for Americans to decorate their homes or wear clothing with Chinese symbols or objects that would generally be perceived of as kitsch. Many Chinese gift shops sell items that are culturally or religiously significant in China but are not fully understood by Americans and are merely viewed as novelties or decorations. While this phenomenon certainly happens with any cultural symbol entering a foreign society, I believe that it is more common with Chinese objects. Because of the commercialization and commodification of Chinese cultural objects, Americans perceive any form of Chinese art or religious symbols as kitsch. Furthermore, I would argue that buying an item of Chinese kitsch has greater cultural implications than are initially obvious."
Abstract A creative writing piece about an old Mustang GT that the author bought when he was in high school. It goes through the typical relationship cycle of a guy and his hot rod with love at first sight to eventually loathing the car because so many things go wrong with it and it costs so much to repair. The relationship between the car and the author is given lifelike attributes, as the relationship has its ups and downs just like any other relationship. The car is described with human qualities.
From the Paper "Ahhhh! What a beautiful sight! You look so shiny and new. But how can that be? You are a 1986 Ford Mustang GT. Are you too good to be true? I don"t think so. I think you and I were meant to be together. I love your lustrous bright blue paint glistening in the warm summer sun. You barely have a bit of rust on you. But we can take care of that. NO PROBLEM! That will probably be the first thing I do for you. I"ll sand down the rough spots and make you look perfect. Your interior is a little dirty too, but that's nothing some elbow grease won"t take care of. I mean, since nothing else is wrong with you I"ll be able to afford it, right?"
Abstract This paper follows the story of Ichiro in "The No-No Boy" who struggles to come to terms with himself and resolve the crisis of feeling like he does not belong in the environment in which he lives. The writer defines what an identity crisis is according to Erikson. This essay concludes that Ichiro's identity crises is bought on by circumstance and environment.
From the paper:
?This passage shows us just how badly Ichiro feels about himself and what he has done. The last sentence is particularly powerful and shows us the hopelessness that Ichiro is feeling. It shows us that while he is free physically, he does not feel free. He is trapped by his own struggle. Ichiro's self-hatred is a result of him questioning who he is and what his place in the world is. He has been in prison for deciding to honour the Japanese, but in the reality of his environment he is American.?
Abstract This paper looks at a newspaper company which recently was bought by a larger mass media corporation, which is more committed to new media technologies, such as the Internet, than the newspaper company's traditional print journalism. The paper reports the reorganization at the newspaper company as a result of the buyout and displays its complexity.
From the Paper "The operation of large business firms is characterized by great complexity of organization and administration. The highest level of management is concerned with the overall planning and evaluation of production and distribution, and various administrative departments carry on the functions of research, production, finance, and marketing. This is especially true when a business is involved in planning for a major operational change."
Abstract This paper discusses the issue of buying music over the Internet and the problems with it. It discusses the anti-trust issues that have arisen and how to deal with them. It also examines the issue of who really "owns" the commercial product which is music, whom does this belong to? How can musicians and record labels receive benefits from their works if the music is bought over the Internet from an e-commerce site. It discusses music downloads over the Internet and its problematic issues as well.
From the Paper "One of the most controversial issues in the music business today is the issue of selling music through the Internet. The ongoing and evolving process of selling and disseminating music through the Internet has provoked a number of economic as well as artistic debates for the music business and for the computer and technology businesses that allow such technology to be accessed. This paper will address some of these concerns with a particular focus on the anti-trust issues that have arisen over the course of this debate. First of all, the issue of disseminating music over the Internet provokes the perplexing question of who really "owns" the commercial product of a pieces of music, anyway? Is the owner the person or persons who simply hear the tune and keep humming it? Is the owner the musician who produces the product? Or are the owners the music companies musicians have signed artistic rights to? Clearly, to survive musicians must be able to charge for the product they produce, and the companies have control over the specifics of how to market that product. But once a song is in the public sphere, do not consumers have a right to "pass on" that music product in ways that they see fit, even if those ways may inhibit the sales of recordings of that music?"
Abstract This paper gives a complete biography of Equiano and his journey to slavery. The paper explains in great detail who he was captured, the methods used, his shipment to the West, the manner in which he was bought, sold and abused. This bio then relates to the Middle Passage and why it is an important account in studying comparative slavery.
From the Paper "Olaudah Equiano was born in 1745 in the village of Essaka, which today is known as Isseke, Nigeria. He lived in this farming village until 1756 when he was kidnapped by the Aro people who sold him to various masters within Africa. Equiano was slowly moved through Africa until he reached its? coast later that year to board a slave ship headed to the Americas. Upon boarding the American slave ship, Equiano first experiences the cruelty of the slave world while traveling the Middle Passage. Equiano recalls that slavery was a part of the Ibo world. However, unlike the European exploitation of Africans, African slaves were acquired as prisoners or perpetrators of heinous crimes. Equiano's enslavement did not follow these unwritten rules. He nevertheless recalls his African masters as like second families to him. Many spoke the same language and had similar customs. As he was passed from master to master, gradually differences in language and culture began to impress upon him."
Abstract This paper compares the U.S.A. to Australia in terms of items that can be bought in either place and puts them into a graphical representation. The paper gives a reason for doing the research on the two countries combined.
From the Paper "I selected each country because I thought it would be interesting to compare the United States of America to Australia since the USA is enormous when compared to Australia in land size. In addition, I thought it would be fascinating to see the prices associated with goods and services in Australia compared to the U.S. since Australia is an island completely surrounded by water. The USA, however, has neighboring countries of Canada and Mexico. Also, I thought it would be intriguing to see the percentage of income each item costs. I learned that, although Australia is much smaller than the USA and water locked, its prices are just about equivalent to the USA's as is shown in Figure 1. As you can see, if you purchased the same goods and services in Australia and the USA, the total amount is almost entirely the same even though the per capita income is much lower in Australia than in the USA. Figure 2 shows a graphical representation of these figures. "
Tags: cost, living, income, per, capita, australia, america
Abstract An examination of the life of the poet Phillis Wheatley - a young girl who was bought to the United States and sold as a slave. The writer explains that the slave owners encouraged her to receive an education and in turn she became a poet. The poem which is analyzed is an example of the memories and agenda she wished to address in her poetry.
From the Paper "Phillis Wheatley came to America as a slave when she was a young girl; she was probably about eight-years-old when Mr. and Mrs. Wheatley purchased her. She lived in Boston with the family, serving as a companion and helper to Mrs. Wheatley. They encouraged her education, "Indeed, she gained as good an education as (and probably a better one than) most Boston women had, and her learning and abilities gradually gained the interest of a wider and wider segment of the community, especially after she began writing poetry at about the age of twelve, after having been in Boston only about four years" (Mason 3-4)."
Tags: negro, slave, africa, poem, poetry, poet, history
Abstract The following paper examines whether a retailer, specifically - TV World Ltd. is reliable for faulty tv sets, under the Sale of Goods Act 1979. The writer discusses the case study presented where TV World Ltd., a retail business, advertised a new 28 inch stereo television with teletext. The paper continues to examine how Ms. Hardy bought the television set for ?300 but after a month it broke down. This paper asserts that Ms. Hardy signed a clause in the sales contract excluding liability under the Sale of Goods Act. The writer looks at a number of points had to be considered before establishing Ms. Hardy's legal position. .
From the Paper "Under section 12 of the Sale of Goods Act 1979 we can see that the TV World Ltd does have the right to sell the television in question. Section 13 ascertains that there is an implied condition that the goods will correspond with the description. Although Ms Hardy saw the TV in operation before he bought it, we can say that it was still bought by description as she was relying on the TV being a stereo model as described. TV World Ltd argues that as Ms Hardy should have realised that it was not a stereo model as she watched the set in the store. As Ms Hardy is just a consumer, she cannot be an expert in televisions and therefore it would be unfair to say that she should have known. We can see this in Beal v Taylor (1967) 3 ALL ER 253 where the plaintiff had inspected the car before she bought but later realised that it was an earlier model. The Court of Appeal held that the plaintiff was entitled to damages for breach of section 13 as she had relied on the description contained in the advertisement. Similar facts are found in the present situation and the goods have not corresponded to their description so TV World Ltd has breached section 13."
Abstract This paper looks at the legislation that affected the southern states in the U.S. in particular, the declaration of causes by the seceding states and the widespread division that affected America in the late 1850?s. It analyzes the constant pressure faced by the southern states from such quarters as northern politicians, anti slavery groups and the national government at the time.
From the Paper "The admittance of new states, sectional arguments and the issue of slavery very much dominated American politics during the 1840's and 50?s. 1845 saw the admittance of Texas into the Union which was fine for the south but the northern politicians and anti slavery groups saw this as an extension of slavery. But the real dispute would come when the US gained the new territories of New Mexico and California after the war with Mexico. In 1850, California and New Mexico applied to become states of the Union, California was north of the 36? 30? line so it would automatically become a free slave state, and the issue of New Mexico would be left unresolved."
Tags: abraham, america, civil, lee, lincoln, rights, war, slavery
Abstract This paper reviews the involvement of the musician Ken Kesey and his group, the Merry Pranksters in the encouragement of taking LSD. In the beginning they were committed and dedicated to getting everyone familiar with the hallucinogenic drug, LSD. The paper describes how they bought a bus and toured around to distribute the drugs and allow society to have this experience. Their dedication to spreading the word was the reason why all the music bands, the progression in the music concerts and the major music festival was a possibility. However, before his death, Kesey was discouraging everyone from the use of psychedelic drugs.
Overview
How LSD came to be widely used in the 60?s
Acid test
West coast music scene and its relation to LSD
The Grateful Dead
Grateful Dead's relation to Kesey and the Pranksters
Conclusion
From the Paper "The psychedelic phase kicked off with the popularity of bands springing up constantly. The bands had no ambitions to do concerts or make and sell records; they were merely playing for their own enjoyment. Success to them was not making the top ten charts or any charts, or fame or fortune. Success to them meant having fun and making enough money to purchase psychedelic drugs."