Howard Stern :: essays research papers

Farewell Good Programming At the point when one considers unique, fruitful radio shows in the U.S., one show unquestionably rings a bell, Howard Stern. The Howard Stern morning radio show has been the best radio show on the radio for quite a while. Howard Stern made a show not at all like some other; it is a morning radio show that has everything. The show has interviews with acclaimed individuals, audience members can bring in to the show with there sentiments, current news, and most outstandingly its sexual substance and questionable suppositions on what's going on the planet we live in. The show has consistently pushed the restrictions of the right to speak freely of discourse while simultaneously opened new entryways and thoughts inside the cutoff points. Right now in our nation this show has become enduring an onslaught by our legislature and is exceptionally near being removed the wireless transmissions. This is only one show that is in danger of being removed the air. Â Â Â Â Â Recently our legislature through its authoritative organization for interchanges, the FCC, has chosen to make an impression on the corporate media to tidy up their communicates. The FCC characterizes profanity as: 1. A normal individual, applying contemporary network measures, must find that the material, in general, bids to the vulgar intrigue. 2. The material must delineate or depict, in an evidently hostile way, sexual direct explicitly characterized by appropriate law. 3. The material, taken all in all, must need genuine abstract, creative, political, or logical worth. The fine for communicate foulness has been raised to $275,000.00 from $27,500.00 per case. The difficult that has emerged from this new enthusiasm for tidying up communicates to shield the overall population from being presented to this foulness is that a portion of our best writing computer programs is in danger. There are some tremendous organizations behind this programming, for example, Time Warner, Viacomm, Clear Channel, and so on these enterprises are turning out to be worried that the legislature is beginning to concentrate consideration on how enormous they have become and how much force they need to control the media. Â Â Â Â Â Unfortunately, on account of this new inspiration to control our programming to the FCC?fs preferring one road of our right to speak freely is being detracted from us. The open programming we as of now have is completely worthy and nearly to moderate. Dislike we have one TV or radio broadcast that everybody is compelled to watch. On the off chance that you don?ft like what your watching or tuning in to you can simply change the direct or turn it off.

Research topics and explanation Paper Example | Topics and Well Written Essays - 500 words

Themes and clarification - Research Paper Example The expanding pattern of understudies being removed for test cheating in schools is an issue that has stimulated discussion in the general public. Since the understudies are relied upon to be the future heads, there is have to surrender them sound bringing and in the occasion they submit a few mix-ups particularly in learning foundation. It is in this manner critical to depend on other rehabilitative estimates like guiding in instances of assessment cheating rather than a definitive dangerous move of removing them. This issue is hence basic for the general government assistance of the general public. Different states have been encountering high instances of mishaps brought about by foolish drivers. The greater part of these mishaps can be credited to absence of wellbeing estimates like cap for the motorcyclists and the travelers (Savageau, 2007). The general public has continued accusing vehicle division and related experts for laxity of implementing security measure rules with specific accentuation on wearing cap. This subject is important as though it is tended to it will fundamentally moderate instances of motorcyclists and travelers having head wounds at the smallest contact with the ground or some other article in case of a mishap. The affectability of the head to wounds additionally makes it imperative to address the issue of wearing protective cap as an obligatory necessity for any motorcyclist (Merson, Black, and Mills, 2012). The crowd of this subject ought to be the motorcyclists, overall population who frames the traveler network and the vehicle overseeing specialists who ought to guarantee rules and guidelines on street wellbeing are executed. The expanding call for security gauges in the streets necessitates that all the motorcyclists enroll the utilization of protective cap. It is in light of a legitimate concern for the overall population that protective caps are made accessible for the traveler and the motorcyclists to limit instance of fatalities in

American Exceptionalism Essay Example | Topics and Well Written Essays - 1500 words

American Exceptionalism - Essay Example The untold story of America is bit distinctive as America was established upon the standards of opportunity. America’s convention to expand upon circumstance has been the apex point that has made it remarkable throughout the years. Without a doubt, it is additionally one of the key qualities that has made people the whole way across the world to relocate to America. A nation where openings are pervasive and independence is spread is genuinely a component that makes this nation extraordinary. Unmistakably USA has assumed a significant job in numerous components, both locally and universally that has permitted it to be a persuasive nation. Issues, for example, westbound expanionism, prejudice, reconstruction, mechanical upheaval are only scarcely any viewpoints that came about in view of American Exceptionalism. Consequently, America keeps on being extraordinary as a result of the chances, firm faith in changing business as usual, and decent variety that it has celebrated over t he centuries.One of the key reasons why America is outstanding is on the grounds that America is seen as the â€Å"Golden place where there is opportunity,† numerous outsiders come to America for a superior future. Point of fact, numerous people move to America since it permits them to bridle their development. Obtaining their own adaptation of American dream through â€Å"life, freedom and property† is an idea that makes America so one of a kind. The genuine variant of living the American dream can unquestionably turn into a reality for these people. People are roused to buckle down for themselves to advance further throughout everyday life. This common cooperative connection between the resident and the country itself is genuinely remarkable. Dissimilar to different nations which keep on underscoring the prosperity of the country, Americans value being â€Å"individualistic.† This religious philosophy has been the apex purpose of what makes America really one of a kind and filled westbound development. America turned into the imagery of unadulterated independence pursuing the â€Å"green power.† likewise, the expansionst development additionally speaks to that of the mission for the â€Å"American Dream† that the new workers wanted when they came to the â€Å"promise land† basically, Looking at America, thinking back to the 1800’s, the westbound expansionism was a direct result of the youthful nation’s want to grow its viewpoints. It was a gathering of ravenousness, individualistic American dreams, and a youthful nation’s want to be in success. It was clear this was achieved inside the American mindset around then. American Exceptionalism affected US residential arrangements from various perspectives. Most importantly, it has made America a genuine super force since it has permitted America to center inside itself. Due to the US inclusion in world undertakings, the crackdown on fear based oppress ion has been a provocative one1.Without the American contribution, the introduction of United Nations would have never been started. This itself is an immense demonstration of how American contribution has been a point of convergence in world undertakings. The commencement of the United Nations is only one case of American impact in world issues. The United Nations is a community oriented exertion that has permitted the countries to set aside their disparities and concoct a joint collection of goals. In spite of the fact that the United Nations was an enemy of proportion of American standards during the 1930’s, it indicated that American attitude was adaptable and incidental. America was prepared to change its way of thinking dependent on the conditions it confronted with. This attitude was a

An intellectual insight to discovery in Grays poetry anthology Coast Road and Kate Chopins short narrative - Literature Essay Samples

Discoveries can provoke both emotional and intellectual responses which can subsequently seem to be provocative or confrontational. These concepts are illuminated to a profound extent in Robert Gray’s poetry anthology â€Å"Coast Road† and Kate Chopin’s narrative â€Å"The Story of an Hour†. Gray’s poem ‘The Meatworks’ unveils the affronting and unsettling nature of humans treatment of animals of the abbatoir. Whereas the didactic poem ‘Flames and Dangling Wire’ explores humankind existence in a perpetual cycle of destruction and renewal. The discovery in Kate Chopin’s narrative stems from an obscured understanding of love and sprouts into a shocking loss. These texts possess captivating realizations that evoke desperate emotion and force the reader to intellectually question their own experiences and beliefs,. The powerful epiphany in the ‘Meatworks’ uses zoomorphism and detail to intensify the horror of the confronting scenes on the abattoir. The quote â€Å"using a chompy, greasy stick shaped like a penis† uses blunt, phallic imagery to heighten the sense of sadism and volition. The moral corruption of the characters job is expressed through â€Å"scrub my hand† as it is evidence of the blood and horror of his line of duty not being easily washed away. The imminent death of animals depicted in â€Å"the way those pigs stuck there, clinging to each other† provides understanding for the reader of the composers revelation of the vulnerability of animals through grotesque imagery. The implementation of rhetorical devices grasps the challenging insight of the composer as his views and beliefs are altered dramatically through his experiences that unmasks his repugnance as an emotional response. The oppression of the character, Louise, in ‘The story of an Hour’ is so extreme that death seems to be positive. As she understands that her husband has died in a train accident her desire to be alone with her grief is the first indication of her inclination towards freedom and independence. The inexplicable desire for freedom clashes with the sexist and inhibiting expectations of women in the nineteenth century, where this story takes place. The realization for the reader of the extreme detriment of a repressed marriage is exemplified in the simile â€Å"as a child who cries itself to sleep continues to sob in its dreams†. The third person omniscient tone romanticizes the glorious idea of freedom through the motif of an open window and Louise brushes off the notions of marriage. Louise realizes the opportunity to escape from the patriarchal dynamic and has intense self-assertion that is expressed in â€Å"the strongest impulse of her being†. This narrativ e significantly provokes both emotional and intellectual responses. Flames and Dangling wire exposes the ramifications of consumerism and contrasts the wasteland Earth has become with the nature of beauty. This contrast is further explored through the composers view of the violent and merciless imposition of humans on nature and the exploration of the beauty of human action in the four line stanza. The emotion in the epiphanies is emphasized through the use of more pejoratives than euphemisms, such as using the word dump rather than waste disposal. The immediate perspective and strong allusions to mythology and art, including reference to the mythological boatman of the River Styx accentuates the link between a sump and hell on Earth. The quote encapsulating the beauty of music â€Å"and the Chopin played, one time, to a coast of light† is a sad reminder of what we have lost and what we have yet to lose. Gray challenges the belief of the superiority of the human race through providing a mere revelation of the destruction of humankind’s existence. Gray utilizes visual and tactile sensory detail including the ‘lungs of the world’ and ‘amongst these grey sheds of heat’ to display his voyage of intellectual self-discovery. The extended ideology of freedom is emphasizes through the repetition of the word ‘free’ in The Story of an Hour and the resurgence of prominent plant life in Spring encapsulate a significant, approaching revelation from outside her window, Louise is unable to articulate her sensation which is portrayed in the pathetic fallacy in â€Å"the delicious breath of rain was in the air†. The realization of her husbands death being fake suggests no malice, however her relief over-pound her remorse. Her heart troubles are a physical and symbolic malady of her loss of freedom. This small hope of change is challenged by reality that decimates hopeful beliefs and demonstrates a devastating encounter resulting in the reader’s own emotional response. The quote â€Å"life is an endless process of self-discovery† by James Gardner is evident in Gray’s transformative poem ‘Meatworks’ as the character realizes he is just a small piece in the jigsaw of the world. His renewed perception of life finds him contentment in the ‘furthest fibro houses’ in the picturesque, beach scenery. Gray’s amalgamation of techniques in ‘Flames and Dangling Wire’ combines his spiritual background with the negative impact of man’s impact on the natural environment and reflects the epiphanies that persist throughout the journey of life. The composers affinity with nature is expressed in the simile â€Å"a waterbird rises above the swamp† to symbolize the superiority of the natural world. The life-altering realization experienced by Louise in ‘The Story of an Hour’ demonstrates that discoveries are an endless, intrinsic element of life. As the doctors determine that Louise â€Å"died of heart disease of joy that kills† it brings the reader gratification of the irony. The removal of her intense joy of newfound freedom led to her death. Gray’s poetry and Kate’s narrative highlight the complex nature of discovery that can be both intellectual and emotional, whilst being provocative or confrontational.

Jane Austens Presentation of Mr Collins in Pride and...

Jane Austens Presentation of Mr Collins in Pride and Prejudice Jane Austen presents Mr Collins as a character with many different traits. Mr Collins is a man who is very aware of his social status, likes to impress people, is extremely proud and has an inflated ego to name but a few. The first time we get a mention of Mr Collins, is in chapter thirteen, where we learn that Mr Bennet has in fact never met the man who will inherit the house upon Mr Bennets death. We learn this from Mr Bennet, and the way he says, ``it is a person whom I never saw in the whole course of my life. This suggests that Mr Collins arrival will be one of great surprise and unexpected. Also, it gives a hint of†¦show more content†¦However, the full reason for his letter becomes apparent later on in the letter, when he says to Mr Bennet about his daughters, assure you of my readiness to make them every possible amends, - but of this hereafter. Here he is hinting at a proposal to one of the daughters. I feel that this shows that everything he does is about money and his own happiness. He feels that after meeting the girls for the first time that they will happily marry him and therefore he will receive more money, he feels that he will be easily accepted because they are in such a desperate economical need. He must be very arrogant to think this and this is also shown later on in the story. In Volume One, Chapter Fourteen, we see the arrival of Mr Collins and the first dinner they have together. Even though Mr Bennet had not seen Mr Collins before, he knew that he would be more than happy to talk about Lady Catherine de Bourgh. When Jane Austin says Mr Collins was eloquent in her praise. Shows that he is once again showing off about her and making her out to be a wonderful lady. This makes him look good in the company of Mr Bennet and his family. Here I feel that he feels that he needs to boast about things to makeShow MoreRelatedPride and Prejudice: Exploring the Chasm Between Love and Marriage in Georgian England1675 Words   |  7 Pagesâ€Å"Pride and Prejudice†, is a novel which explores the huge chasm between love and marriage in Georgian England. Jane Austen’s presentation of passion and matrimony reiterates the fact that marriage is a â€Å"business arrangement†. Austen uses irony to make fun of polite society in this satire and Austen a lso emphasizes the point that social hierarchy dictates whom you can marry. The pressures of men and women in Georgian England are revealed through her exploration of the aristocracy’s prejudice againstRead More With particular reference to the novel opening, how does Jane Austen1247 Words   |  5 Pagesopening, how does Jane Austen present the role of women in pride and prejudice? Pride and Predujice With particular reference to the novel opening, how does Jane Austen present the role of women in pride and prejudice? Pride and prejudice was first published in 1893, this was a time when it just became acceptable for women to write and publish books. Pride and prejudice was set in the early 19th century in rural England. Pride and Prejudice is the story of Mr and Mrs Bennet, their Read MoreJane Austen s Pride And Prejudice1418 Words   |  6 PagesMarriage is a fundamental topic in Jane Austen’s famous novel, Pride and Prejudice. Readers become invested in the lives of the Bennet sisters who are constantly dreaming of relationships. Still unknown, however, is Austen’s reason for writing this novel that is so extremely concentrated on marriage. Some critics believe that Austen wrote the novel to portray how different social classes affected the lives of women such as the Bennet sisters. Others, however, believe that the novel was writtenRead MorePride And Prejudice By Jane Austen1285 Words   |  6 PagesPride and Prejudice Analysis I.Introduction Jane Austen wrote her novels during the time period known as the Regency. The Enlightenment and the Age of Reason, a time where ideas like democracy, secularism, and the rise of developing sciences were making their way across Europe had come to an end.It was replaced with the wave of horror that was the French Revolution, a once minor revolt that escalated into a violent war, concluding with the rise of Napoleon, which whom England fought against the majorityRead MorePride and Prejudice by Jane Austen859 Words   |  3 PagesIn Jane Austen’s 1813 Pride and Prejudice displayed the 1800’s culture revolving around marriage, gentry, and the Rights of Women. The time era in Pride and prejudice, wealth influenced social interactions, and matrimonies. Pride and prejudice revolved around a conservative view of social life gradually branching throughout â€Å"wants and needs† into an ongoing profession of modern day marriages. Mainly focused on the Bennet family regard ing marriage due to Mrs. Bennet advocates her five daughters toRead MoreRobinson Crusoe vs Pride and Prejudice2573 Words   |  11 Pagesmythology and epic heroes. However, to what extent can Robinson Crusoe be called the â€Å"first novel† and how is it different from all that have been done so far? Besides, what are the evolutions in the novel genre leading to Victorian novels, like Pride and Prejudice published almost one hundred years later (1813) in terms of style, themes and concerns? Augustan writers, before Daniel Defoe, were very protective of the status quo and their novels were philosophical and religious, based on a myth of theRead MoreEssay on The Sun Also Rises Pride and Prejudice1283 Words   |  6 Pagestheir own gain, enjoyment, and pleasure, but in Jane Austen’s Pride and Prejudice, Women are portrayed to be good beings who want to love and be loved, and men are the horrid ones who use women for their own pleasure and gain. Hemingway shows in his novel, men are true in their love by example of Jake’s love for Brett, and that women are horrid through Brett who only has flings with men and then leaves. While Austen shows women truly love through Jane and Elizabeth, and that men are horrid throughRead MoreTheme of Identity Pride and Prejudice1369 Words   |  4 Pagesï » ¿Ã¢â‚¬Å"The presentation of the theme of identity is what draws the reader in† Explore the methods by which writers develop the theme of identity in the light of this statement. In Jane Austen’s novel Pride and Prejudice, there is a strong sense of identity in certain characters in the novel. Elizabeth has a high understanding of her own views and opinions, which often contrast with those around her â€Å"She had always felt that Charlotte’s opinion was not exactly like her own†. However, other charactersRead MoreLove and Marriage in Jane Austens Pride and Prejudice2117 Words   |  9 PagesLove and Marriage in Jane Austens Pride and Prejudice Analyse Jane Austens presentation of love and marriage in her novel Pride Prejudice. From your evidence suggest what Austen regards as a good marriage. On first impressions of the novel, my own prejudices clouded my judgement of the book and of what it might have consisted. Living in the 21st Century it is somewhat difficult to imagine anything remotely similar, interesting or slightly scandalous happeningRead MoreComparing Shakespeare s Midsummer Night s Dream, Pride And Prejudice And The Great Gatsby2712 Words   |  11 PagesCompare and contrast the presentation of love and marriage in A Midsummer Night’s Dream, Pride and Prejudice and The Great Gatsby. The main theme which brings A Midsummer Night’s Dream, Pride and Prejudice and The Great Gatsby together is the idea of how love and marriage is presented. Shakespeare, F. Scott Fitzgerald and Austen all portray love and marriage as being two separate issues, which rarely intertwine. The different contexts in which these texts are written have all had a huge impact

Brown Forman Company Analysis Essay Example For Students

Brown Forman Company Analysis Essay Straight up or mixed, whiskey or wine Brown-Formans got a drink for you. The Louisville, Kentucky based company is the best known for its world famous whiskeys, Jack Daniels and Southern Comfort. Its wine and spirits segment manufactures, bottles, imports, exports and markets a wide variety of other alcoholic beverages and wines (Bel Arbors and Bolla). But Brown-Forman is also part of a consumer durables segment which sells fine china (Dansk and Lenox), sterling silver jewellery and personal leather accessories (Hartmann). Flat profits in the distilling industry spurred Brown-Forman to develop an international presence by diversifying into non-alcoholic areas, adding more than 50 new markets during the mid 1990s. For the six months ended 31/10/98, sales rose 4% to $1.02 billion. Net income rose 9% to $104 million. Results reflect higher sales volume sales for Lenox collections and improved manufacturing efficiencies. HistoryIn 1870, George Garvin Brown saw a need form a quality whiskey that met medicinal standards. With $5,500 of saved and borrowed money he began J.T.S Brown and Bro. Their flagship brand Old Forrester Kentucky Bourbon whiskey was sold in sealed glass bottles to assure its quality. Browns friend George Forman joined the company and hence led to the name being changed to Brown-Forman. The incorporation of Brown-Forman occurred in 1901 just after Forman died. In 1904, Owsley Brown, George Garvin Browns son took a very important decision, to come into the business, thus beginning a tradition of family apprenticeship that continues to this day. In 1933, prohibition, which hindered the initial progress of the company, died and Brown-Forman was able to establish whiskey as an alcohol beverage. Also in that year, Owsley Brown and several other prominent figures of the time, set up DISCUS (Distilled Spirits Council of the US). This trade organization has been instrumental in the education of abuse of alcohol. It is still very prominent today. This year also saw Brown-Formans first public stock issue, which provided a capital base that allowed the company to re-enter the American market with strength after the lean years of prohibition and depression. 1956 was another important year in the history of Brown-Forman as they made one of their most famous acquisitions. They purchased Jack Daniels distillery in Lynchburg, Tennessee. This has since become one of the most popular whiskeys in the world, and led to the company producing a net sales figure of more than $100m for the first time in 1960. Since 1960, Brown-Forman has been littered with new acquisitions. These include companies such as Korbel California champagnes in 1965 to Moray Speyside Malt Whiskey in 1997. Other major acquisitions during this time include, The Grand Old Drink Of The South, Southern Comfort in 1979 and Lenox Inc. in 1983. In recent news Brown-Formans Korbel champagne was named the Official Champagne of the millennium in an agreement reached with the Times Square Business Improvement District. As a result Korbel will be a sponsor of the Time Square Millennium Celebrations. This will hopefully push up sales in this area along with the expected millennium rush. Estimated Profit and LossProfit and Loss account for Brown-Forman for last Quarter ending 30/04/99Figures in $000s30/04/9930/04/9830/04/97Turnover498,000461,000433,000Cost Of Goods Sold241,100229,000215,000Gross Profit246,900232,000218,000Expenses170,200160,500150,500Earnings Before Interest and Tax76,70071,50067,500Interest Expense1,8002,5003,500Income Before taxes74,40069,80064,000Taxes on Income26,00025,00024,000Net Income48,40044,00040,000Earnings Per Share0.680.630.58Profit And Loss Account Analysis:In this section we will attempt to justify the above profit and loss account figures on a short summary basis. Full details and our reasoning behind our beliefs will be thoroughly covered in the next section. 1) Turnover: We have predicted a figure of 8% growth in Brown Formans turnover for the comingQuarter. This is optimistic, but we believe that there are many positive factors favoring the corporation in this area, including the effect of the currently strong dollar will have on earnings. The continued growth of the Jack Daniels Southern Comfort brands, along with the remarkable growth in turnover of Brown Formans wines are what will continue to drive turnover. Steady growth will continue in the Lenox collection and the Dansk tableware range. A possible negative effect is the current slowdown in domestic expenditure in the US, but we do not expect that this will have a material effect on the turnover growth for this quarter. One thing that could offset turnover growth for the next quarter is the continued decline of the Canadian Mist, Jack Daniels frozen cocktail, and Old Times brands. This poor performance may slow down or shadow an otherwise consistent turnover growth rate. 2) Cost of Goods Sold: We expect that growth in this figure will remain as it has for the previous two years at approximately 5.2%. To justify this we must look at the cost structure of the company, including the depreciation and amortization of the fixed and tangible assets. The Assets are depreciated over a 40 year period, using the straight-line method, leading us to believe that the depreciation charges will not vary much over the next quarter. Advertising costs, which are prevalent in the Hartmann Luggage and Lenox China, 14% increases in 1998 over the 1997 figure, are charged to expense as incurred ( charged to expense immediately after service has been availed of ) or else they are amortized over a period of 1 year or less. This means that there will be little variance with regard to advertising over the next quarter. The effects on the cost of goods sold by depreciation and advertising are relatively consistent, however, with an uncertain year ahead of the dollar, the effects of foreign currency transactions are uncertain. With regard to the next quarter, the effect of foreign currency transactions will have no bearing on the cost of goods sold. 3) Earnings before interest and tax: Expected annual increase in operating earnings over the next full business cycle (3-5 years) is expected to be 9.8%. Again, we feel that this is somewhat optimistic, as it was only 5.9% in the period 1997-1998, and even less ( 4.3% ) in the year before that. 4) Interest Expense: The interest expense is going to keep on falling through the next quarter and the next period. Since 1989, the interest expense has fallen from $34m to a proposed $11m in 1999. With regard to the next quarter, we have projected a weighted fall in the interest expense to just under $2m. The reason for these falls are simply the result of changes in the corporations debt financing structures. Since 1994, with a total of $299m in long-term debt, the overall debt figure has been reduced to $50m in 1998. With debt reductions of this magnitude, it is no surprise why the interest expense continues to fall. 5) Taxes: Because of the established and mature nature of Brown-Formans business we do not expect any substantial changes in the taxation figure, with that we expect it to remain at 36.5%. 6) Net income: In May 1998 BFB adopted Accounting Standard (SFAS) No 130, reporting comprehensive income. The adoption of this did not have a material impact on the net income in the previous 3 quarters so we do not expect it to effect the last quarter of the fiscal year. Comprehensive income is defined as the change in equity from transactions and other events from non-owner sources. In order to analyse Net income, it is very important to consider operating income. In 1998 operating income grew 14% due to strong performances by the Lenox collections and the Jack Daniels brand package, as a result the Net Income rose 23% on the previous year. The effective tax rate in the Lenox collections segment fell from 47.5% to 45%, which probably wont be the case again this year, there fore the growth rates may be not as impressive in the next year, especially in the next quarter. Economic BackgroundBrown-Forman produces mainly in consumer non-cyclical areas. While this would indicate an aversi on to economic changes it does not mean that Brown-Forman is exempt from such. Our Business is subject to changes in general economic conditions, changes in consumer preferences, the degree of acceptance of new products and uncertainties of litigation(Extract from: BF Corp SEC form 10 quarterly report December 1998)As we can see from the above chart Brown-Formans beta is quite low at .47. This would indicate that the company is subject to a good deal less risk than the market that they trade in, and indeed than their main competitor Diageo. This information is important to consider when we are evaluating economic changes because it would appear to indicate that Brown-Forman are less exposed to these changesEmerging Market Difficulties a danger to the US economyThe financial turbulence and economic setbacks which emerging markets have experienced since mid 1997 continue to cast a shadow over the world economy. These economies experiencing major financial and economic difficulties acc ount for 1/3 of world output. Although Brown-Forman are not a big exporterto emerging market areas the potential for a large effect on the US market still remain. In the US worrying signs, which could have a bearing on the markets and Brown-Formans growth, include:A fall in domestic demand in emerging markets leading to a negative impact on export trade. US export growth is expected to fall much more than Europe. Plato's theory EssayThe growth of the Consumer Durables sector over the last few years, as we have seen, has been good, and we see nothing that should affect its further expansion. The development of the Lenox collections high margin catalogue, which includes china used in the White House, will continue to help keep this products market share and hopefully continue to increase its popularity. Similarly, the Dansk range of tableware is experiencing, and will continue to experience, steady growth over the next quarter. It used to have a wholesale operation a couple of years ago, and has recently re-entered this market. This successfulRe-entrance into this market has bolstered sales by a consistent 2% and will continue to do so into the next quarter of 1999. Finally, the continued double-digit growth of the Hartmann luggage accessories product range, which has a major part to play in the overall success of the consumer durables sector, willcontinue due to recent aggressive marketing e fforts and favorable consumer reactions to product line innovations. Factors affecting Industry Growth TrendsIn attempting to determine future growth for sales, profit etc., there are many factors one could examine. However as brevity is of importance we have decided to use the following;1.) Social Attitudes2.) Legislation3.) Distribution4.) Competition: 1) Social AttitudesCurrently the business environment for distillers and vintners is strongly influenced by societal attitudes towards drinking and government policies reflect those attitudes. Government Policy objectives are aimed at reducing alcoholism and curbing the amount of under age alcohol consumption. A company such as Brown-Forman seeks to compete strongly in the marketplace and to protect the right of adult consumers to purchase these products. Within the U.S. and other international markets Brown-Forman works with other distillers and vintners to gain a more favourable political and social environment for the sale of its products. Brown-Forman is a member of the Distilled Vintners Council and the Wine Institute. Both of these organisations attempt to obtain fair treatment for the company and its consumers. Moreover Brown-Forman seeks to secure beneficial regulatory treatment in foreign markets, including open access to foreign markets for U.S. made spirits and wines. 2.) LegislationThe alcoholic beverage industry is highly sensitive to increases in tax rates. In the U.S., Brown-Formans largest market, there is no imminent legislation to increase excise taxes, although a future increase cannot be ruled out!Similarly, while there has been discussion (and legislation introduced) to ban advertising of spirits in the U.S. nothing has come of it. However, most TV networks currently decline to accept advertisements for spirits. Outside the U.S., the alcoholic beverage market is also affected by tax rates and advertising restrictions, but the impact of those policies in any one market is not significant to the companys overall business and advertising. 3).DistributionAt present Brown-Forman do not own any major distribution companies. Therefore it relies on its competitors to distribute its products in different markets. For instance, United Distillers and Vintners distribute Jack Daniels and Southern Comfort in the U.K., while Bacardb Wedistributes Brown-Formans spirits products in most of continental Europe. However, the current European economy is in a state of flux, with the recent creation of the European Union and the consequent elimination of trading barriers along with the adoption of the Single European Currency, which will be put in motion in the near future. These changes will greatly affect Brown-Formans business in Europe and will revolutionise distribution of spirits and wine in Europe, which is presently constructed on a country by country basis, by encouraging cross-border sales. B-F is not an owner of a European distribution company; therefore ifreform is not undertaken in the near future, their retail sales prices will come under pressure due to increased cross-border competition. 4.) CompetitionThe recent merger of Grand Metropolitan and Guinness (07/11/97) created United Distillers and Vintners, (a sub-component of Diageo) by far the largest global spirits company. This merger created uncertainty within the industry and added to the already fierce competition among the different major spirit producers (Brown-Forman, Seagram and Allied Domecq). However Brown-Formans CEO, Owsley Brown, felt that this uncertainty was not present at Brown-Forman, as he clearly stated,We believe our company will not only preserve its enviable position within the industry but will grow to become an even greater factor in the worlds marketplace. We are better positioned than ever to accomplish our objectives..our financial and operating capacity is growing and our people are among the most motivated in the industry. As the above chart shows, Brown-Formans 5 year EPS growth rate is in a much better position than that of its nearest competitor Diageo. While this may be because of restructuring in Diageo following the merger, it none the less augurs well for a stable growth company of the strength of Brown-Forman. In conclusion, the outlook for Brown-Forman remains positive and should continue along previous years growth levels. The factors mentioned above such as Social Attitudes and Legislation should remain unchanged, thus having no significant adverse affect on short-term future growth rates. While the creation of UDV has undoubtedly heightened the fierce competition already in place, we feel that an established and mature company like Brown-Forman who is continuously re-investing in its workforce and products should maintain its foothold within the industry. Finally, it must be stated that the companys distribution channels across Europe need reform, in the long run, when the full ramifications of European Integration will be felt.Summary:So, what has been covered throughout this project ?The overall object of the assignment was to analyse the financial and economic performance of the Brown-Forman Corporation over the last 3 or 4 years, and come up with a set of figures that best describe how we thought the company was going to perform in the upcoming period. In the case of the Brown-Forman Corporation, the next quarterly report. What are our results, and what to they show us ?Firstly, we saw how mature the company was, and how its segments are non-cyclical. Secondly, we saw that through different attitudes towards the different segments, diverse results were obtained. No more so than with regard to the continual pressure put on the Jack Daniels brand package to perform, even in the established markets. Thirdly, it is very noticeable that the projected growth rates, made by the company, are very much exaggerated. With all the evidence given throughout the paper, it is hard to determine where exactly the growth is going to come from. Included in the project is a very interesting piece on the Guinness and Grand Metropolitan merger. The reason we mentioning it now is the fact that a recent article in the Economist newspaper of 5th of March describes rumors of a possible merger between Allied Domecq and Seagram, two of the other biggest players in the alcoholic beverage market. If this were to take place, where or what would Brown-Forman go then ?BIBLIOGRAPHY:Central Bank of Ireland, Winter Bulletin 1998Brown Forman, Annual financial statements for the past five years ending 5/98Brown Forman, Quarterly report 1998-1999, SEC 10Q ReportERSI Quarterly communicae, November 1998Financial Times, Friday January 29th 1999Harvard Business Review, January February 1999; Managing in the Euro-zone , pp. 47Irish Times, Monday January 18th 1999The Brown Forman Corporation Web Site at http://www.Brown-Forman Corporation.com LALLY, DERMOT

Nuke The Bastards! A Satire Essays - , Term Papers

Nuke The Bastards! A Satire NUKE THE BASTARDS! A SATIRE The decision to drop the atomic bombs on the Japanese cities of Hiroshima and Nagasaki was perhaps the greatest American achievement since the defeat of the Native Americans and their containment in reservations. Not only did it swiftly end the war but it showed the Russians who held the upper hand. It also paved the way for the Cold War, which increased Americas war machine to the unparalleled level its at today, as well as numerous memorable events such as the Korean War, the Vietnam War, and the Cuban Missile Crisis. There was simply no other way to win without dropping the bombs. It was evident at the time that the only way to end the war quickly, as well as establish an advantage over the Russians, was to eliminate only about 300,000 Japanese people in a spectacular demonstration of American military power. Demonstrating the nuclear weapon to the Japanese with a surrender or this will happen to you type of ultimatum would have done nothing but made the Japanese fight harder and longer, causing hundreds of thousands of American deaths. The American military forces were at the end of their tethers, so invasion would have been impossible without significant loss of life. Through the years of island hopping and fighting the fortified Japanese forces, the Americans knew that the Japanese fought to the last man. In the months prior to the atomic bombings, Japanese civilians were being trained with basic weaponry and hustled into the military, ready to ward of invasion to protect their emperor. Without demonstrating with a firm hand what was demanded by unconditional surrender, the Japanese would never have given up. When faced with total destruction, they chose to lay down their arms and allowed a peaceful invasion to take place. Since then, Japan has grown as one of the leading technological countries in the world. As for the civilians killed and the controversies that have gone on through the years as a result of their deaths, it was a demonstration. Hiroshima and Nagasaki were the chosen targets mainly because of their military targets and for the geography. Scientists at the time did not know the full range of the atomic blast, and the tall mountains that mostly surrounded the two cities provided a way to contain the nuclear explosion. The number of civilians killed by the atomic blasts is greatly outnumbered by the total number of American and Japanese combined casualties that would have resulted from an American military invasion of Japan. The Russians at the same time were experimenting with nuclear technology. They had not yet figured out how to make the atomic bombs. When they witnessed Hiroshima and Nagasaki, they knew that America had won the atomic arms race. When President Truman learned that the atomic bomb had been successfully tested he dealt with the Russians firmly and aggressively during the negotiating between leaders of both countries. Prime Minister Winston Churchill stated, He told the Russians just where they got off and generally bossed the whole meeting. Essentially this sparked many significant cultural events, most notably the Cold War and the Korean War, in which the United States has come out victorious. One could say that the bombings of Hiroshima and Nagasaki have sparked events that have led to America being the most powerful country in the world. Without using nuclear weapons, America would not have made it out of World War II and come out on top. The Japanese were an enemy that would never cease fighting, and the Russians were a threat lingering in the background. It was a definite landmark in the history of the United States military as well as technological branches. In order to save millions of people from potentially years of fighting, the bombs were dropped and history ran its course. Creative Writing