The Crucible, by Arthur Miller Essay Example For Students

The Crucible, by Arthur Miller Essay Giles Corey, Rebecca Nurse, and John Proctor all have something in common which endanger them when the witch-hunt begins. The play, The Crucible, by Arthur Miller is a portrayal of the Salem witch trials. In the play there are three characters, Giles, Rebecca, and John all die at the end. These three people all have something in common which endangers them during the witch-hunt and later leads to their death. The one thing that these three people have in common is that they are all full of pride. One of these people is Giles Corey. In the play he is killed for two different things. We will write a custom essay on The Crucible, by Arthur Miller specifically for you for only $16.38 $13.9/page Order now One thing was that he would not give Danforth the name of the person who told him that Thomas Putnam was trying to get rid of the people in the town so that he could buy their land when they were gone. This is what originally got him arrested. Later they charged him as a witch and he would not answer his indictment. Because he didn? t answer his indictment they could not charge him with being a witch. Therefore, he saved his name and his pride. Another person who has the same thing in common with Giles is Rebecca. Throughout the play there are time where she shows the reader these qualities. When she is faced with something she will always follow her religion. Never will she go against her religion even if it means to save her life. An example from the book is when she is in court and in jail Hale is begging with her to confess. She will not confess and she is later hung. Because of her stubbornness or pride she lost her life. Another person is John proctor who also his pride gets in the way of his decision making. One reason, which goes along with most of the people, was that he did not confess in the court. Later in the story, however, he does decide to confess. He signs the papers and everything. He is fine with this until he finds out that the signed confession will be posted on the door of the church. When he finds this out he then rips up the paper and does not confess. He is also hung for this and all because he wanted to save his name. In The Crucible many people were falsely accused and murdered for no reason. These three people could have prevented their own death if it were not for their pride. All they had to do was confess and spend some time in jail and that would be it. Because they wanted to save their names and pride they all ended up killing themselves.

Free Essays on Getting The Products Out The Door

at the right time and your prospect goes for it. Your prospects say okay, and you have the good sense to stop talking.† (Johnson 07) These techniques can help you approach each customer differently to meet their buying patterns. For example, take a visual consumer, which can be picked out by the way they move their eyes wildly while you talk, to form a picture, can be persuaded to make a purchase be saying things like, â€Å" Let me show you, is this clear, and how do... Free Essays on Getting The Products Out The Door Free Essays on Getting The Products Out The Door Getting the Products Out the Door In America, it’s not enough to put your merchandise in a store and hope it sells. You have to get out there and find ways to make people want it. You have to make them feel they need it. In the next few pages I will be telling you a few techniques on how to make them come running for what you have to offer. Advertising, subliminal selling, persuasion, and humanizing your strategies will come in handy when dealing with customers. One way to get your products out is by using skills known as subliminal selling. Subliminal selling is defined as techniques that enable you to sell costumers your products and services without their thinking their being sold. Using subliminal selling helps you to identify and communicate with a persons thoughts, so they buy more quickly from you, and say â€Å"yes† to your offerings nearly every time. By using subliminal selling skills to help you identify your customers buying patterns and filling their needs, your amount of sales closed will go up to nearly 100%, because you are helping them buy what they want. â€Å"People buy from you when they trust you. To earn your prospect’s trust, you must know him as well as he knows himself. If you don’t know what your prospects unique mental map looks like, you may be selling by accident: You happen to say the right words at the right time and your prospect goes for it. Your prospects say okay, and you have the good sense to stop talking.† (Johnson 07) These techniques can help you approach each customer differently to meet their buying patterns. For example, take a visual consumer, which can be picked out by the way they move their eyes wildly while you talk, to form a picture, can be persuaded to make a purchase be saying things like, â€Å" Let me show you, is this clear, and how do...

Hospitality Company analysis Essay Example | Topics and Well Written Essays - 750 words

Hospitality Company analysis - Essay Example The company believes in personal dedication for the employees to achieve anything the employees dream of in the attainment of success. Stinking Rose has many branches in United States that use multi hotel reservation system. The company is known as the largest hotel with lodging and providing garlic stuffs. Stinking Rose has more than 4000 hotels and operates in more than 90 countries operating under Stinking Rose. The company operates under names like Beverly Hills. For example Beverly is located at California which offers famous garlicky signature dishes. If one spends a night at Beverly he or she will only pay $ 139 per night. Another example is Dracula Grotto which is known as the best for a medieval hideaway in this restaurant one will not feed in garlic, and the last Piazza & cafes which is known as the heart of stinking room and one is put under Italy, great people watching and a place for conversation. One of the strategic future directions of Stinking Rose Restaurant is to expand for example in Caribbean and other parts. Another future direction is to remain in the market as the largest hospitality company that provides wide range of brands that are unique and satisfy the customers in all corners of the world. The company was graded as high classic restaurant in San Francisco and was awarded a certificate of excellence in 2013 in terms of food, services, value and atmosphere. The restaurant price range is approximately $23 to $32 when one spends a night in the restaurant being served with garlic stuffs. The company aim is to make sure that it expands world wide and be the best with high quality services at affordable prices to meet all market segments. The board of directors in Stinking Rose Restaurant has the power to hire all qualified and ready to work employees and managers to supervise the company. This means the company will have the best result by attracting a lot of customers due to management. Stinking Rose

Marketing of TelePacific Communications Case Study

Marketing of TelePacific Communications - Case Study Example It is evidently clear from the discussion that financial strength is one of the prime constraints of TelePacific which restricted them to promote the company across the world. Therefore, e-marketing will be an effective promotional tool to develop awareness among the people of the world. Moreover, the award received in 2010 has enabled the company to increase its annual revenue by 13% each year. Managing customers efficiently is an important competency of an organization dealing in the service sector. Maintaining long-term relationships with the existing customers and developing unique strategies will enable the company to retain and to attract new clients. Involving customers in planning future strategies of the company will influence them in maintaining long-term relationships with the organization. Moreover, employee satisfaction is also an important factor which should be dealt sophistically. The employees are the core communicators who interact with the customers. Thus, job sati sfaction and continued training programs are essential for enhancing the relationship among the customers and the organization. Managing the Customer Relationship TelePacific is renowned for providing excellent services to its customers along with quality network coverage. In order to measure the performances of their employees the company has implemented various metrics which create accountability and visibility across the organization. The metrics are reviewed every week on an organizational level discussing relevant issues and developing customer experiences through their services. One of the core commitments of the company is to enhance the relationship with the existing customers and to introduce innovative products for attracting new customers. Thus, Customer Relationship Management (CRM) is an effective tool for maintaining long-term relationships with individual customers. The strategies of CRM help create new and shared value for individual customers that leads to building preferences for the organization ultimately generating appropriate outcomes related to business results (TelePacific Communications, 2012) . The company enables customers for communicating with the top level management by providing them direct phone numbers regarding any issue. In addition, TelePacific can invite ideas from customers for jointly planning and developing values distinct to the class of customer. Furthermore, the management can collaborate with the distribution channels for enhancing individual customer satisfaction. Integrating customers’ suggestion into their technologies will develop their participation and involvement with the company. Moreover, e-marketing is growing rapidly as a competent tool for promoting a company and its products. Various strategies are being employed by organizations to attract the attention of the customers in order to promote their unique products and services offered. Social networking sites are quite common these days to promote c ompany’s products. The use of social networking sites has developed immensely among the younger generations and corporate. Therefore, generating awareness of the services offered by TelePacific through Facebook or Twitter will attract new customers. Furthermore, it gives the company an opportunity to interact directly with the individual customers and identify the common desires and evolving trends.  

Financial Analysis of Steel Industry - Arcelormittal and Us Steel Essay Example for Free

Financial Analysis of Steel Industry Arcelormittal and Us Steel Essay Stock Evaluation Project Steel Industry Industry Analysis Steel is a part of metals and mining industry which is highly cyclical in nature, and when the economy at large suffers, this industry suffers with it. The most recent five years have been a struggle for this particular industry along with uncertain economic indicators, and steel companies’ stocks have trended downwards. The metals and mining industry is comprised of companies that engage in exploration, mine development, and ore mining. The industry includes precious metals mining for metals such as gold, silver, platinum as well as mining and processing industrial metals such as steel, copper, aluminum. The industry is mature, cyclical, capital intensive and dominated by large companies. Some of the major names in the Steel Sector of this industry are Commercial Metals (CMC), Steel Dynamics (STLD), Reliance Steel (RS), AK Steel (AKS), ArcelorMittal (MT), U.S.Steel (X). The US steel industry is currently worth more than $50 billion with annual growth rates around 1% to 2%. Process chains are long with high production volumes. Recently, large quantities of low-cost imports have impeded growth. However, the industry has seen enhanced productivity, energy efficiency, and higher yield due to restructuring, downsizing, and widespread implementation of new technologies. In the coming years, overcapacity and price instability may remain critical. Thereby, efficient production, better-suited products, enhanced capacity utilization and environmentally friendly practices are vital factors to future success. Demand comes from transportation, packaging, consumer electronics, construction, aerospace and power companies, which leads industry, overtly responsive to economic conditions. Companies are responding to pricing pressures through consolidation and vertical integration, which is aimed at streamlining the supply chain. Future growth for the US metals and mining industry also depends upon demand from BRIC nations, developing countries, and domestic consumers. The industry has always faced a number of challenges including environmental concerns, deteriorating ore grades, overproduction, technological changes, and the global economy. Intense competition from nations such as Canada, Russia, China and Mexico pose threats to the US mining industry because those nations have lower labor costs, lax  environmental regulations and lower operating costs. Sustainability of high prices, resurgent global demand, particularly from the Asia-Pacific region, and signs of increasing industrial output across Europe and the United States may boost industry performance. Conclusively, in anticipation of J-curve yield in the industry index, we can expect greater demand in near future due to a combination of rising GDP, another increase in auto sales, and inventory accumulation by distributors, which would further lead to an increase in the volume of steel shipped in 2013. In the Figure 1.1 below, one could clearly see the downward trend of the Dow Jones US Steel Index for the last five years. And as we all know, what goes down comes back up therefore, we must rebalance our portfolios along with this cyclicality. Figure 1.1 Dow Jones US Steel Index (Point and Figure Chart) U.S.Steel (X) United States Steel was founded in 1901 and is headquartered in Pittsburgh, Pennsylvania. United States Steel Corporation, through its subsidiaries, engages in the production and sale of steel products primarily in North America and Europe. The company has gone through a business cycle in the past 10 years and currently at its low yet a stable condition. This is due to several reasons, which are explained clearly by the ratios and the Z-score, as plotted by the help of Altman Z’s Model. The companys liquidity has been fairly stable besides the times of 2008-2009 financial crises. If we smooth out an average for turnover measure, we could also conclude that the company’s management is doing fairly well in using the assets. Financial Leverage measure seems to be the only component affecting the Altman Z Score significantly, inflicting a bias in the usage of the model to solely depend on this method of deriving the company health. Also, if we draw a line at 2.0 ratio level, there is a bubble growth in the Z-score during 2005 and 2008, as shown in the figure 1.2 below. Figure 1.2 Altman Z-score Model for U.S.Steel ArcelorMittal (MT) ArcelorMittal engages in the production and marketing of finished and semi-finished carbon steel and stainless steel products worldwide. The company serves automotive, appliance, engineering, construction, energy, and machinery industries. The company, formerly known as Mittal Steel Company N.V., was founded in 1989 and is headquartered in Luxembourg, Luxembourg. The stock performance has been quite interesting for this company over past 10-12 years. From $0.63/per share in 2001 to the highs of $97 just prior to its downfall, to $12/share approx. after 12 years, tells us a lot about the business cycle of steel sector. As plotted by the ratios derived by Altman Z-Score model below, it is very clear that besides Turnover and Financial Leverage ratios, no other ratio changed significantly in last 10 years and the company stock performed rationally if we consider business cycle but irrationally, if we consider the all other financial measures. Again the spike in the Z-score in the early 2000s reflects the spike in Financial Leverage of the company. However, at this point in time, the company looks as in congruence to the low levels of the industry, yet healthy and we could anticipate an upcoming up-trend in its performance. Figure 1.3 Altman Z-Score model for ArcelorMittal

Maquiladoras & NAFTA Essay -- essays research papers

MAQUILADORAS AND THE NAFTA'S IMPACT: Introduction In this paper I will discuss the history and practices of the Maquiladora industry. I will discuss its background, its problems, the benefits it offers to United States companies, and the impact the NAFTA has and will have on the industry. In addition, I will make a suggestion on a possible strategy the Maquiladoras can adopt in order to address the challenges brought on by the NAFTA, to ensure it remains a strong force in the future. Background Mexican agricultural workers had been granted temporary work visas allowing them to work in the United States' agricultural industries through a program called the Bracero Program until 1965 when this program was terminated. As a result of this termination, the unemployment rate had exceeded 70% in certain border cities. In May of 1965 the Border Industrialization Program was established as a replacement for the Bracero program. It was later renamed the Maquiladora Program. The program was established by the Mexican government to provide employment for Mexico's rapidly growing population along its border with the United States. This Program was utilized to keep Mexicans from entering the United States. The idea was that Mexican workers would be kept on the Mexican side of the border if they were given factory jobs on the Mexican side. The Maquiladora program also wanted to attract foreign manufacturing facilities, technology, and know-how by giving a permanent tax holiday to manufact uring companies that would set up "twin plants" on the Mexican side of the border. In the beginning of the program, all foreign-owned operations had to be located within a 20-kilometer strip along the US-Mexican border. Since 1972 they can be located anywhere in Mexico. In 1996 there were around 2,500 Maquiladoras - 35% of them were located in the interior states of Mexico. Last year there were over 3,000 and more and more of these operations are being located outside of the border regions. Each of Mexico's 31 states has at least one Maquiladora. What is a Maquiladora? Maquiladoras, also referred to as "in bond" or "twin" plants, are allowed to temporarily import into Mexico (free of tax) machinery, equipment, replacement parts, raw materials, and just about anything that was used in the assembly or manufacture of semi-finished or finished products... ...on between the non-Maquiladora and Maquiladora industries I feel the inefficient producers will be wiped out. Therefor, Maquiladora employees will need better training, education, incentives as well improved working conditions and higher wages. Operations will also have to be streamlined in order to reap the benefits of economies of scale and scope. In addition, Mexicans as well as US citizens will start to demand more accountability from the Mexican government and the Maquiladora industry. They need to be more responsible for their actions. What will the U.S. corporations do when human rights activists and environmentalists start lobbying and protesting on their US sites? Do they want to risk losing their shareholders to this type of negative attention? References Benitez, Gerardo, Latin American Perspectives: The Maquiladora Program Its Challenges Ahead, THE WHARTON JOURNAL, December 11, 1995. Clifford, Frank and Mary Beth Sheridan, Borderline Efforts on Pollution, THE LOS ANGELES TIMES, June 30, 1997, 1. Naumann, Ann K. and Mireille Hutchinson, The Integration of Women into the Mexican Labor Force Since NAFTA THE AMERICAN BEHAVIORAL SCIENTIST, June/July 1997, 950-956.

Construct the Efficient Frontier

Construction a. Estimation The goal is to obtain the raw ingredients – expected returns, standard deviations and correlations. Historical data are used for this purpose. As a rule of thumb, five years of daily data are probably right (one year should be the absolute minimum). Keep in mind the following: 1) make sure to use the adjusted close prices to calculate returns (so that you won’t have large, spurious negative returns due to dividend payments or splits), and 2) calculate log returns (so that you can aggregate daily returns to obtain holding period returns, if ever needed).In Excel, the function for mean and standard deviation are â€Å"= average (range)† and â€Å"stdev(range). † To calculate the correlation matrix, use â€Å"correlation† under â€Å"data analysis. † Please note, in practice, the estimates can be adjusted in view of economic outlooks. This is especially so for expected returns. Sometimes, the realized historical return s are negative or below the risk-free rate. They must be adjusted upward – who would ever buy a stock and expect to receive a return less than the risk-free rate (if the beta is not negative)!? II.Efficient frontier construction Step 1. Variance/covariance matrix, The expected return and variance for the portfolio are: You can think of the variance as the â€Å"weighted average† of all the covariances, ? i? j? ij where the weights are xi and xj. Of course, the variance terms are special cases of the covariances when i=j, and ? ij=1. You can calculate the portfolio variance in the spreadsheet in many different ways. The way I do it is to first calculate the variance/covariance matrix, whose entries are ? i? j? ij and ? i2. To this end, we first construct the tandard deviation (std) matrix and the correlation matrix, as shown in the spreadsheet. Then, first multiple the std matrix to the correlation matrix to obtain (multiply the range of b3.. g8 to the range of b10.. g15). Then, multiple matrix to the std matrix again (multiply the range of b17.. g22 to the range of b3.. g8) to obtain the variance/covariance matrix in b24.. g29. Step 2. Portfolio's return, variance, standard deviation and slope To obtain the portfolio variance, we need to further multiply each entry of the variance/covariance matrix by their corresponding weights, xi and xj.Remember, those n portfolio weights are what we are trying to solve for. So we put them in a column (a34.. a39). To facilitate the calculations, I also place the weights at the top of the matrix. The variance/covariance matrix is simply copied from Step 1. Since we will also need the security returns to calculate the portfolio return, they are placed in j33.. j39. Now, we multiply the weights to each column of the variance/covariance matrix using the function â€Å"=sumproduct. † This â€Å"sumproduct† results in each weight in (a34.. 39) being multiplied to each entry in the variance/covarian ce column, and then all summed up. The variance/covariance terms will have only one weight being multiplied to. So we need to multiply this sum by another weight at the top of the matrix (remember: multiplying the sum by something is equivalent to multiplying each individual item by the same thing). Summing all the items in b40.. g40, we obtain the portfolio’s variance, and taking square root of it, we have its standard deviation, in cell b45. The portfolio’s return in b44 is calculated as the weighted average of individual security returns.The slope of the CML is simply the rise (i. e. , portfolio’s return minus the risk-free rate) over run (i. e. , the portfolio’s std). Step 3. Obtain minimum variance portfolio: minimize STD subject to sum of weight = 1. 0 The minimum variance portfolio is the one that has the lowest variance among all possible portfolios. We use the â€Å"Solver† in Excel to find this portfolio. We would like to vary the weights in a34.. a39 so that the variance (or equivalently, std in cell b45) is minimized. In the â€Å"Solver,† enter b45 as the target, and choose â€Å"min. The range for â€Å"Changing cells† should be a34.. a39. The only constraint is: all the weights sum to one, i. e. , set cell b42 equal to 1. 0. Then simply click on â€Å"solve. † The solutions will be in a34.. a39. Of course, the portfolio’s return and std are simultaneously calculated in cells b44 and b45, and the slope linking the portfolio and the T-bill is in cell b46. Step 4. Obtain market portfolio: maximize Slope subject to sum of weight = 1. 0 Follow the same logic/procedure as in Step 3, except that you want to maximize cell b46. Step 5.Obtain market portfolio with no short selling: maximize Slope subject to sum of weights = 1. 0 and all weight being positive This part is just for completeness: to show you how to construct the market portfolio when short selling is prohibited. Here you also ma ximize cell b46, except that, aside from the weights-summing-to-one constraint, you would add six more constraints: a34 ;gt; 0, a35 ;gt; 0, †¦, a39 ;gt; 0. It turns out that, the weights on Securities 2 and 3 are zero, since they command the most amount of short selling in the unconstrained case (Step 4).However, it is not always true that any security that is being shorted in the unconstrained case will have a weight of zero in the constrained case. Security 5 is a case in point. Step 6. Generating efficient frontier Here, everything is already self-explanatory. Essentially, we need to plot the parabola and the CML. To this end, we first get the functions for each, and then use Excel to generate some points (50 in my example) within the reasonable range of returns and std.