The Crucible By Arthur Miller - 1221 Words

â€Å"There are six things the Lord hates, seven that are detestable to him: haughty eyes, a lying tongue, hands that shed innocent blood, a heart that devises wicked schemes, feet that are quick to rush into evil, a false witness who pours out lies and a person who stirs up conflict in the community† (Proverbs 6:16-19). The seven deadly sins are named as pride, envy, gluttony, lust, anger, greed, and sloth, and among all of them, pride is claimed to be the deadliest. In Arthur Miller’s play about the Salem Witch Trials, â€Å"The Crucible† pride also finds it’s way to be the most important theme of the play. Almost every character displays pride in oneself just as every person does in reality, but a select few not only condemned themselves but others. Reverend Hale, a christian man, demonstrates pride in his knowledge, the Proctors express pride in their good name and would rather die than lose their honor, and Judge Danforth is never wrong in his eyes and wants to be known as the judge who always makes the right decision. Arthur Millers â€Å"the Crucible† shows that in the town of Salem, Massachusetts in 1962, pride will kill you; if not, arrogance will. My first example of pride comes in when Reverend Hale is asked to depict who is a witch and who is not. He gloats in his own pride that not just one person but an entire town trusts in him to choose who is guilty. He triumphs in his own knowledge about God and the devil. Reverend Hale first comes to Salem in Act â…  . Not only is heShow MoreRelatedThe Crucible By Arthur Miller1269 Words   |  6 PagesAt first glance, the playwright Arthur Miller in The Crucible highlights the historical significance of the Salem Witch Trials of 1692, but in fact it is an allegorical expression of his perception of McCarthyism. If the reader has some background information on Arthur Miller’s victimization as a communist, it is evident that the play is a didactic vessel illustrating the flaws of the court system in the 1950’s. The communist allegations were launched at government employees, entertainers and writersRead MoreThe Crucible By Arthur Miller1681 Words   |  7 Pagesof t heir way to the last dying breath to make sure they leave with a good or bad reputation. In one of the recent literature study in class â€Å"The Crucible† by Arthur Miller, Miller uses characterization to illustrate reputation throughout the play. â€Å"The Crucible† takes place in Salem, Massachusetts. It is based upon the Salem witch trails. In â€Å"The Crucible†, we journey through the life of three characters who reputations plays a major role in the play. The three characters are John Proctor, AbigailRead MoreThe Crucible By Arthur Miller1333 Words   |  6 PagesAs the various characters in The Crucible by Arthur Miller interact, the dominant theme of the consequences of women’s nonconformity begins to slide out from behind the curtains of the play. Such a theme reveals the gripping fear that inundated the Puritans during the seventeenth century. This fear led to the famous witch-hunts that primarily terrorized women who deviated from the Puritan vision of absolute obedience and orthodoxy. Arthur Miller presents his interpretation of the suffering by subtlyRead MoreThe Crucible By Arthur Miller998 Words   |  4 Pagesmotivated by jealousy and spite. The Crucible is a four-act dramatic play production that was first performed on January 22, 1953. Arthur Miller used dialogue within the characters to cover the multiple themes; conflicts and resolutions, plus the few directions for the different actions of the play. The Salem Witch Trials were intended to be performed as the play however, when read, it can be more carefully examined and broken down to analyze the techniques. Miller, the playwright, uses literaryRead MoreThe Crucible By Arthur Miller1145 Words   |  5 PagesUnbalance Through The Centuries In Arthur Miller’s play, The Crucible, the author reflects the persecution of communists in America in the 1950’s through a recount of the Salem witch trials. It is often presumed that Miller based his drama directly off of events that were particularly prevalent in the years surrounding the publication of The Crucible- which was released in the year 1953, towards the conclusion of the Korean War. Although there was not a literal witch hunt occurring during this timeRead MoreThe Crucible By Arthur Miller1063 Words   |  5 PagesIn the English dictionary, there are three definitions of the word crucible. One is a metal container in which metals are mixed and melted. Another is a severe test. But the third definition, and the one that I think fits the best for this book, is a place or situation in which different elements interact to create something new. In my mind, this fits because all of the characters had their little grudges and dirty secrets. But when all th ose seemingly little things interact, they formed somethingRead MoreThe Crucible By Arthur Miller1285 Words   |  6 Pages Rationale, Morality, Stereotypes, Pressure, Self-Censorship, Unanimity, and Mindguards. Groupthink has also taken place in our history a a country. The play, The Crucible by Arthur Miller is about a the real-life Salem Witch Trials that happened in 1692 - 1693, in Salem, Massachusetts. Some symptoms of Groupthink found in the Crucible are Rationale, Pressure, and Self-Censorship. The Groupthink symptom, Rationale, is described as when victims of Groupthink ignore warnings: they also collectivelyRead MoreThe Crucible By Arthur Miller811 Words   |  4 Pages While The Crucible, by Arthur Miller, is only a four act play, it still resembles the format of a five act play. The five-act structure evolved from a three-act structure, which was made famous by Roman Aelius Donatus. Donatus came up with three types of plays: Protasis, Epitasis, and Catastrophe. The five-act structure helped to expand the three act structure, mainly made famous by Shakespeare through his many tragedies. Even though The Crucible contains only four acts, it still has the commonRead MoreThe Crucible By Arthur Miller1052 Words   |  5 PagesBuddy Al-Aydi Ms.Healy English 9 CP 14th October 2014 The Crucible Essay The Crucible was a novel written by Arthur Miller in the 1950’s. It was written in a format of the play, portraying an allegory of the Salem Witch-Hunts led by Senator Joseph McCarthy. The book is known to have a inexplicable plot. This plot is advanced by multiple characters in the book in order to ensure that the reader maintains interest with the material that is being read. The farmer, John Proctor, would be theRead MoreThe Crucible By Arthur Miller841 Words   |  4 PagesThe Crucible is a chaotic play, throughout this American classic Arthur Miller takes the reader through multiple events of terror and insanity. While creating a great on-stage play, Arthur Miller portrays his life through the events, the characters, and plot of The Crucible. Using vivid imagery and comprehensible symbolism, Miller manipulates the real personalities of the characters and events in 1600 Salem, Massachusetts to create a symbolic autobiography. Throughout this play, the reader experie nces

Confucianism, Daoism, and Legalism Essay - 1175 Words

Amidst the chaos of political instability and constant warring of the Zhou era, arose many intellectual thinkers that brought such a profound impact in the fields of politics, religion, and philosophy. Even to this day, their influence can be seen on the many matters of China. Confucianism became the paramount school of thinking and later significant philosophies such as Daoism and Legalism gained immense recognition as well. Each party had their own proposals for creating an idealistic political society where the many problems they faced in their everyday lives could be eliminated. All three approaches were very distinct but at the same time, they contained similarities as well. In my reasoning, I find that Confucianism and Daoism†¦show more content†¦Even though the two systems had different concepts about the way, the common denominator of both schools was to achieve total harmony in society. Confucianism focuses mainly on social order while Daoism puts its central; focus on being one with the nature. If an individual can practice five things anywhere in the world, he is a man of humanity...reverence, generosity, truthfulness, diligence and kindness (Ebrey 19). Confucius gentleman has to possess these fine qualities to achieve success. On the other side of the token, Daoism emphasized the need for similar entities. Laozi explains: For minds, the depth is good. In social relations, human-heartedness is good. In speaking, the trustworthiness is good. In government order is good (Ebrey 28). Both systems, through through different approaches, promote peace and goodwill among the family, society and with neighboring states. Both Confucianism and Daoism accept the presence of a supernatural entity but do not provide a clear explanation on it. Both thought systems consider it mostly as a mystery that the human mind cannot fully comprehend or alter. Confucius put great importance in conducting numerous rituals for various occasions. He found it to be an essential part for the well being of society. He said, when superiors love ritual, the people are easy to direct (Ebrey 22). Xunzi provides aShow MoreRelatedConfucianism, Daoism, and Legalism976 Words   |  4 Pagesvariety of methods – Confucianism, Daoism, and Legalism to name a few. Each philosophy had its own set of rules of how people should act both in public and privately. The overall goal of each philosophy was to set a standard of acceptable living that would ensure harmony and success for the society. However, each was different and thus had different results. The best way for the people of China to succeed in a harmonious, respectable society occurred when both Confucianism and Legalism were combined. Read MoreConfucianism, Daoism, And Legalism1688 Words   |  7 Pages Confucianism, Daoism, and Legalism, are three Chinese ideologies in Classic China that held influence on how society should be, how to achieve order and what made government strong. Anyone that was a practitioner of these three philosophies would have had no idea how the Roman Republic or Empire worked in those regards. It would not be surprising if a Confucian, a Daoist and a Legalist had praise and dislike for how Rome was ran. A Confucian who might look upon the Roman society and governmentRead MoreThe Influence of Ancient Chinese Philosophies such as Confucianism, Legalism and Daoism 2337 Words   |  10 Pagesspecified area. A proper example of this would be the three Chinese philosophies of Confucianism, Legalism and Daoism. These belief systems all represent a different path of the geographic spreads any belief system could take, despite having originated in the same areas. Even so, they all come to be major influences in the different ways of life of the Chinese people, as well as other neighboring areas. Confucianism is a great philosophy to live by. It provides a strict moral discipline, and helpsRead MoreInfluences of China Essay698 Words   |  3 Pages Daoism, Confucianism, and Legalism To understand China’s current government you need to look at its influences. Daoism involves a deep acceptance of the rhythms of nature and the way of all things (World Religions); which effects people’s personal beliefs and is one of China’s main religions. Confucianism helped pave the way for communism and still is a powerful philosophy today. The ideas of Legalism directly affect the Chinese government. Despite the fact that modern China is one of the largestRead MoreThe Three Philosophies Of China1097 Words   |  5 PagesThe three Philosophies of China consist of Legalism, Daoism, and Confucianism, but only one Philosophy surpasses all others, Confucianism. Legalism is one of the strictest ways of ruling. Han Fei Zi founded legalism; he believed that there was only one way to obtain order in a society; this was through learning from your mistakes. Although the punishments were cruel and caused many to suffer, it also provided obedience from citizens. (Johnson) Legalism was based off of three strict guidelines: FaRead MoreThe Three Types of Ancient Chinese Rulers943 Words   |  4 Pagesdifferent rulers tried to unify and rule the country using a variety of methods – Confucianism, Daoism, and Legalism to name a few. Each philosophy had its own set of rules of how people should act both in public and privately. The overall goal of each philosophy was to set a standard of acceptable living that would ensure harmony and success for the society. However, each was different and thus had different results. Legalism is a philosophy emphasizing strict obedience to the legal system. It was oneRead MoreLegalism, Taoism, and Confucianism in Ancient China1049 Words   |  4 PagesLegalism, Taoism, and Confucianism in Ancient China Philosophies dictate the most basic beliefs, concepts, and attitudes of individuals or groups, even entire civilizations. Since the beginning of time there has been great debate among men over which philosophies to live life by. The list of philosophies that exist in the world today is nearly endless, making it difficult to decide which one is the most suitable to live by. Ancient China was arguably among one of the most philosophical culturesRead MoreChinese Philosophy Essay1408 Words   |  6 Pagesamidst the chaos and constant warring of the Zhou era. The three were called Confucianism, Daoism, and legalism. They were Chinese philosophies that were thought to be the best ways to rule and achieve order in the society. Confucianism believed that a ruler s job was to set a good example, and not order. Since people were thought of as naturally good, they would following the right path based on their own conscience. Legalism was a more harsh way of ruling, led by Hanfeizi. They thoug ht people wereRead MoreEssay on The Daoism and the Confucianism in Han Dynasty1623 Words   |  7 PagesThe Daoism and the Confucianism in Han Dynasty Yang Yu History 135: Imperial Chinese History Professor: Robert J. Culp Paper I March 4th, 2011 The Daoism and the Confucianism in Han Dynasty As the dominant philosophical school for around two thousand years in Chinese imperial history, Confucianism is always regarded as the most representative ideology of China, associated with numerous books, poems, artworks and stories that glorify Confucianism’s permeation into every corner of ChineseRead MoreHan Fei Legalism Analysis1108 Words   |  5 PagesLegalism is based on a document titled â€Å"The Writings of Master Han Fei† that was written by Han Fei. Han Fei was a prince in the Han state of China. He was schooled with Confucian ideas and principles, but would reject them to create a more lawful society. Since he was a prince, he had a high social status and was in line for the throne of the state of Han after his father would pass. This gave him an advantage to implement his legalist ideas into the government because he would soon be ruler of

Financial assets are made up of securities Free Essays

Financial assets are made up of securities, stocks and derivatives. These are claims to the cash flow generated by real, tangible assets which are the lands, buildings and machineries we use. These pieces of paper are how citizens of highly developed countries increase their wealth. We will write a custom essay sample on Financial assets are made up of securities or any similar topic only for you Order Now Wealth generation involves risk, for no business activity is certain to provide returns. Financial markets allow investors to participate in money-making ventures without being physically present in the project site. Most risk tolerant individuals prefer stocks, for it has the potential to yield very high returns, while conservative ones go for bonds which provides a steady, fixed income. In this activity, stock trading is the main focus. Objectives Just like any investor, generating cash flow was the primary goal. The amount of cash to be gained from trading should compensate the risk undertaken. The goal was to achieve steady growth. The expected was return is 40%. After setting the required return, a portfolio strategy was chosen. Assets were then selected which would comprise the efficient portfolio– provides the highest return for a given level of risk. Fundamental analysis was the method used to pick the stocks. Diversification was another tactic used to maximize return while spreading the risk. Construct a portfolio Portfolio construction was a tedious task. I had to weigh the risk and returns, and sometimes, to trust my gut feel. Stock prices, as studies have shown follow a random walk movement. The approach used was a top-down portfolio construction. A portfolio is basically a collection of investment assets. The type of assets to be held was first determined. It was then followed by security analysis to pick out the stocks deemed profitable. Diversification was one principle used in choosing the stocks. It simply meant that equities from different industries were held in the portfolio so that risk exposure was limited. Shares from the software industry (RIMM, JAVA), arms(SWHC), pharmaceutical (GERN), computer (PALM), insurance (HUM), health care(HMA), power (FL), SAM, metals and mining(AUY, AA) ,oil and gas(IEO), index fund(SWPIX), cement(CX),AXP Asset Analysis Fundamental analysis was mainly used in the decisions undertaken. This approach uses earnings and dividend prospects of the firm, expectations of future interest rates, and risk evaluation of the firm to determine proper stock prices. It relies on the company’s financial health indicators. The stocks’ annual growth rate, quarterly earnings records, and P/E (price-to-earnings) ratios were measured. Historical data was also used. One such statistic is the EPS, or earnings-per-share ranking. PALM stocks were bought since the firm’s return on investment was stated at 2470. 70%. Also, on the day that it was traded, it was lower priced. Smith and Weson, SWHC had a P/E ratio of 5. 50%, an ROE of 19. 7%. Thus, a total of 4000 shares of SWCH were bought. Alcoa, or AA’s ROE was 16. 20%. Its EBITDA was 5. 45 B. Meanwhile, its P/E ratio was 11. 60 and its annual dividend was at . 68 per share. Alcoa looks financially healthy, but was expensive, so only 1000 shares were purchased. Similarly, FPL’s ROE was 14. 6%. Its P/E ratio was 12. 7%. Its EBITDA was 4. 47 B. The market values FPL shares highly. But, I found it unsmart to invest in highly valued stocks, because market perceptions fluctuate wildly. Thus, I only acquired 700 shares of FPL. RIMM had an ROE of 30. 60%. Its P/E ratio was 50%. For me, RIMM shares were really costly. In fact, it was has the highest cost per share in my portfolio. But I was attracted to its financial forecast. Furthermore, its 52 week high was at $148 so I found the $80 per share enticing. I thus bought 1000 shares from RIMM. HUM had an ROE of 19. 9% and a P/E ratio of 18. 00. It was quite overpriced, so I only bought 1000 shares. HMA was the lowest priced stock in my portfolio. But, I decided to purchase it believing that demand for health care services will increase in the near future. CX, compared with its competitor, Heidelberg cement had higher earnings and historically displayed returns higher than the market average. I bought 1000 shares. I also bought SWPIX, an index fund as a comparison for the return of my trading activities. Event Selection One of the most remarkable news was the launching of PALM’s Pre. With the belief that the Pre will be hot in the market, just like Apple’s I-pod, I bought 4,000 shares from PALM. I deem that the future value of PALM will increase more than two-fold once the Pre is introduced. The hype will push the price of its stock. Thereafter, I can sold my shares at a profit. In addition, the popularity of smart phones, or phones which serve more than just talking devices was forecasted to increase steadily in the near future. Aside from purchasing PALM stocks, I decided to buy shares from BlackBerry’s maker, RIMM. News of the global swine flu outbreak prompted me to purchase HMA shares. HMA , a healthcare provider would have more profits if the flu would become widespread. In addition, Citigroup upgraded HMA shares from hold to buy. Meanwhile, the news on the pending sale of JAVA drove me to sell my 1000 shares. Monster stocks which were identified two weeks in a row included AUY. The information urged me to buy 3000 shares of AUY. How to cite Financial assets are made up of securities, Papers

The intense sunlight shimmed through Essay Example For Students

The intense sunlight shimmed through Essay The intense sunlight shimmed through the curtains like a light into a diamond ring. The compassionate sunlight probed my skin and then, it was gone. Like my desire to live. It was early Sunday morning, and the birds were chirping their early April anthem, as I scraped the for-filled shaving foam off my long face. All I could smell was the exquisite scent of the fresh flowers and their pollen that filled the air. As I sluggishly lifted my heavy head, I noticed the ugly, shameful figure staring back at me. What had I become? How could I do such a thing? I started to panic. Heat surrounded me like a fire as my heart pounded the blood around my body. My conscience was knocking at the door. I felt like I never had the right to live any longer. She must suspect something? Surely by now! I acquired my razor in my left crippled hand, I observed it closely. Robert Colquitt Page 2 I saw my reflection in the sharp blade. Absurd thoughts raced through my troubled mind. I could not admit the guilt. I had to do some thing. If not on my behalf, but Charlottes. I felt like I was not worthy. After my extended shave, I decided to take my ghastly razor out with me. Incase things got too much. My dear love accompanied me, as we walked down the ancient, foul alley. She started to question me What is the matter darling? She continued as she gripped my arm with full control, Why do you look so depressed? I could not reply. Charlotte knew we had become so distant, what she didnt know was the reason why Because of my terrible deed. She proceeded in quizzing me. Why could I not answer the simplest questions? CAN WE PLEASE JUST FORGET ABOUT ME? I accidentally roared at charlotte. She looked at me with those puppy eyes, like her whole world had come crashing down. I felt for her really, and in my reply to her tearful face was Im sorry babe, I just dont feel well. Thats when I was positive that before night fall I, Matthew Weeks, Would commit suicide. Due to my lack of respect for others The supreme sun retired below the abstruse clouds, as Charlotte and I prepared to attend our local church. I asked our mighty lord for advice on what to do. I had no reply. I asked the lord should I stay or should I die? Still no reply. As I glared at my one true love, I realized that there was only one way out of this. Robert Colquitt Page 3 It was a feeble evening on our way home. Charlotte was looking stunning, in her yellow gown and her shawl of diamond red cloth. But I couldnt deny the devil my evil body. As I deported my fierce razor blade, charlotte started to question me. Again What are you doing? She pulled me lose, wedging my worthless body towards hers. You dont have to do this Matthew she continued We can get you help! I was constantly trying to escape from charlotte to be obedient to my leader, the devil. I was determined to do what was right. Then I did it. I stood in the April rain and glared at what I had done. I looked up into the dark, steamy sky as the thunder lightening struck nightfall. Instead of taking my own worthless life, I had taken charlottes. At least now, if I reached heaven, I could be alone with my one and only love. Without guilt. Until the end.

A sense of finality in the Requiem Essay Example

A sense of finality in the Requiem Essay Example A sense of finality in the Requiem Paper A sense of finality in the Requiem Paper The word Requiem, meaning a mass for the repose of the souls of the dead, has very formal and funereal connotations. This title immediately gives the passage a sombre atmosphere, and an air of finality as death is the end of Willys life and the play. Willys presence is still the predominating force behind the passage even though he is dead, echoing the title Requiem. The passage is a requiem in two different ways. Charley, Biff and Linda praise the physical and practical side of Willys character whereas Happy mourns his determination to fulfil his dream. The passage begins with a very emotionless and practical sentence by Charley, when he says Its getting dark, Linda. The darkness also gives the play a sense of finality, as the play is about to conclude night is about to fall. The black of the dark is symbolic of Willys tragedy. Happy appears to be angry with his father for having committed suicide, saying There was no necessity for it, the over complication of using the word necessity in this sentence shows Happys insecurity within himself that he has failed his father. Happy later goes on to say that even if Biff will not, he will continue to fight for his fathers dream. He says, Im gonna win it for him. Happys urge to fulfil his fathers dream is probably linked to his guilt of having let him down; Happys pledge gives the play a cyclical feeling rather than an air of finality. At the beginning of the Requiem Linda struggles to show emotion for her husbands death, although she would like to. Forgive me, dear. I cant cry, she says to Willys grave. It is as though she is still trapped in Willys dream and is looking for some kind of release. This is emphasised when she says I made the last payment on the house today. Today dear. The repetition of today stresses the irony in this sentence, and her longing for release. Shortly after this statement she finally begins to cry as A sob rises in her throat and she finally begins to cry as A sob rises in her throat and she immediately feels a sense of release, saying Were free. Miller makes it deliberately ambiguous about whether it is Linda who is free from Willy or whether the freedom actually refers to Willy and Linda being free from the payments on their house. This sense of release and the words were free repeated at the very end of the play are a final conclusion to the tragedy, and give the passage a sense of finality. Happy is excluded from the conclusion to emphasise the fact that he is adopting his fathers dream and continuing the tragic cycle. There is therefore no sense of finality for Happy and this is juxtaposed with the closure of Willy and Linda, emphasising the difference between their freedom and Happys confinement.

Tuberculosis and Injection Drug Users

Tuberculosis and Injection Drug Users Free Online Research Papers An increased risk for tuberculosis (TB) is associated with injection drug users (IDUs) as well as those who use crack cocaine. When dealing with people in these categories, problems arise along the lines of adherence to any intervention or treatment programs. Therefore, monetary incentives and educational intervention are offered as an approach to increase adherence or compliance. The purpose of the randomized controlled study by Malotte et al., (1998) was to evaluate the effects of different levels of monetary incentives as well as the use of educational intervention among active drug users to comply with TB skin test readings. The participants were selected in Long Beach, CA either directly through street outreach or after they completed an HIV outreach project (lasting six months) for active drug users that were out of treatment at the time. The researchers targeted IDUs and also those who use crack cocaine. After completing the baseline study interview and placement of TB skin tests, the participants were given $5.00. To avoid unreliable outcomes, they needed to be sure that the participants were in fact active drug users and not simply saying so to receive the monetary incentive that was offered. The participants were inspected for needle track marks and subjected to urine tests at the time of enrollment. Excluded from the study were those who tested positive on the skin tests. The total number of participants was 1,004. In this sample were men and women of different age groups, ethnicities, educational backgrounds, and they differed along the lines of their drug and alcohol preferences. The majority o f the participants were unemployed and all lived in different housing conditions and most of them claimed to have had no prior exposure to TB. The participants were then randomly assigned to 1 of 6 experimental control groups. Those in Group 1 (n=203) received a 5-10 minute educational session (on the theory of reasoned action) and were offered $10.00 upon their return for the reading of their skin test. The participants in Group 2 (n=198) were subject to the same conditions, but were only offered $5.00 as an incentive to return as scheduled for their skin test reading. Those in Group 3 (n=99) received the educational session but received no monetary incentives while Group 4 (n=100) were only told how important the skin test reading was (no education or money was offered). Those selected for Group 5 (n=204) were offered $5.00 for their scheduled return and were told of the importance of the skin test reading, but received no educational session. The conditions for Group 6 were identical, but they were offered $10.00 rather than $5.00 as a monetary incentive. The educational sessions that were offered to Groups 1-3 were based on the theory of reasoned action. Individual counseling was used and the focus of this study was on the behavioral beliefs and subjective norms that are most related to the behavioral intentions among drug users. Personal beliefs and outcome expectancies were explained and the personal reasons for not returning were noted. Each interview, educational session, and skin test readings were done by 1 of the only 2 nurses who were involved in the study. The attitude and behavior of the participants was measured. Self-reported information was collected and drug tests were used for the reliability of that information. The likelihood of the participants returning for skin test readings was also determined. Demographic and drug use characteristics were tested using chi-square analyses while the effects of the intervention were tested using logistic regression analyses (only on intention-to-treat basis). The participants were informed of the process and purpose of this trial through informed consent so they were aware of the monetary incentives that were being offered to select participants. The study by Malotte et al., (1998) reported that out of 1,004 participants, 782 returned on time for their scheduled skin test reading. More than 90% of the participants receiving the $10.00 incentive and about 85% of the ones who received the $5.00 incentive actually returned for their skin test reading on time. The groups with no monetary incentive only had a return rate of 33%. Those who were 30 years old or younger and those who are employed were less likely to return. More likely to return are those who consume alcohol or the people who originally said that they would likely return for the results. The skin test results of 835 people were analyzed and 153 tested positive for TB. Those with prior exposure to TB and those who were living in unstable conditions were not more likely to test positive for TB. The participants who consumed alcohol, crack cocaine, or injection drugs were at a higher risk for positive skin test readings. The Malotte et al., (1998) randomized clinical trial found that incentives can have a significant impact on compliance to return for skin test readings for TB. The educational interventions did not have such an effect on the rates of compliance or return. The amount of positive results of the skin test (18.3 per 100 people) confirms that those who use drugs are at a higher risk of infection. This study concluded that monetary incentives do, in fact provide a higher rate of compliance to return for skin test readings for those who are at a greater risk of contracting TB. The Malotte et al., (1998) trial was successful in accomplishing the objectives that it was set up for. The purpose was clearly defined in the beginning and the results were found to be conclusive. Research Papers on Tuberculosis and Injection Drug UsersStandardized TestingThe Relationship Between Delinquency and Drug UseResearch Process Part OneInfluences of Socio-Economic Status of Married MalesIncorporating Risk and Uncertainty Factor in CapitalThe Effects of Illegal ImmigrationPersonal Experience with Teen PregnancyTwilight of the UAWEffects of Television Violence on ChildrenMarketing of Lifeboy Soap A Unilever Product

Working capital management and how it affects the liquidity and Dissertation

Working capital management and how it affects the liquidity and profitaility position of the hotel industry in the UK - Dissertation Example Research Questions 8 2.2. Research Objectives 8 3. Literature Review 9 3.1. Working Capital & its importance 9 3.2. Working capital management 13 3.3. Inventory management 16 3.4. Cash management 19 4. Research methodology 26 4.1. Research philosophy 26 4.2. Research approach and technique 28 4.3. Sources & collection of data 29 4.4. Ethics 32 4.5. Credibility & verification 33 4.6. Research limitations 34 4.7. Estimated costs 34 4.8. Time activity 35 5. Findings 36 6. Discussions 41 6.1. Working capital & its importance 41 6.2. Management & control of working capital 42 6.3. Working capital & its effects on liquidity and profitability of a firm 45 6.4. Relevance of & impact of working capital in the UK hotel industry 47 6.5. Analysis & discussion 54 7. Conclusion & Recommendation 58 8. Reflections 63 References 67 1. Introduction With the advent of globalization and major change in economy, various sectors have come into picture and have shown promising development all around. One o f them is definitely the hospitality sector. People flock in from various part of the world for various purposes and here comes the usefulness of the service sector. A country’s reputation also lies in the quality of hospitality which it may provide. The super powers in respect of world economy certainly have a cutting edge than others. UK is a favorite destination to citizens all round the globe. The culmination of people of various societies can be found over there, who are out to make their living. As a result the service industry in UK is on a boom. 4.2 percent of investment is made in the service sector (Economic contribution of UK hospitality industry, 2010). The London Olympics which is to be staged in 2012 will see numerous foot falls as people round the globe will be there to witness the gala event. The government has taken steps to renovate the industry and provide best of service. An addition of 1.2 billion pound will be there to the economy (2012 London Olympics F act). Economy earned by the hotel industry can be contributed to other growing or lesser growing sectors. It is quite evident that the hotel industry, especially those engaged in large scale are surely to be benefited, and can face high profitability. But amidst this, proper financial management of resource and a control on the working capital is also required to raise long term profitability. The profit gained over this period of time can be invested and manipulated well for future days. One of the important aspects in finance deals with Working Capital Management. The term Working capital deals with two broad divisions of the Balance Sheet, i.e. current asset and the current liabilities and the numeric difference between them. The current asset mainly comprises of cash, sundry debtors which are also known as Accounts receivable and bills receivable and inventories whereas the current liabilities deals with short term debt, accounts payable, accrued liabilities and other debts. In lay man’s term working capital is one of the crucial requirements of a firm and is the fund which is required to meet up the day to days expenses. Working capital may vary from one organization to another based on their size and the amount of money that are engaged in current assets. Organizations employed with high fixed assets tend to possess a low working capital. Presence of an efficient working capital is of utmost importance to the firm and its assessment is also needed to be monitored in a correct manner. The overestimation or the under estimation both may lead to mishaps (Mathur, 2007) for the organization. Overestimation may hamper the return on investment by the accumulation of the inventories. Whereas the underestimation may curb the growth, as the organization will not move to venture into new projects due