Positive Impacts of Profit Maximization Free Essay Example, 2750 words

Profit maximization has various positive impacts on a firm including expectation and goodwill, profit optimization perspective creates an expectation in a firm thus creating an environment where the premium price is used and cost-cutting is a primary goal. These are important goals in the modern competitive market where every firm struggling to meet the competition and reduce costs. The perspective also creates expectations among shareholders that they will have immediate gains and also improves the firm s goodwill. Profit optimization also has a big advantage of generating cash flow (Donaldson Preston, 1995, p. 65). Under profit maximization perspective, primary considerations are given to investments, re-investments of funds and expansions of operations and markets, which results in the generation of more cash flow. Such considerations allow the firm to operate in an environment that is more cost-efficient. Profit maximizing firms are known to be the best in cost minimization sin ce they are more concerned about reducing costs to improve profits. Profits keep building and this creates a healthy bottom line for the firm. Profit maximization can thus be used to allow the firm to generate more cash flow and that way reduces its debts or expands its operations. Profit maximization attracts investors and financiers of the firm. We will write a custom essay sample on Positive Impacts of Profit Maximization or any topic specifically for you Only $17.96 $11.86/page

The Western World - 914 Words

Throughout history, Africa has been a vulnerable player in the eyes of the rest of the world. From the slave trade to various civil right injustices that have taken place over in every century, we have studied in this class, we have been able to see the lasting impact on the continent as a ramification of certain events occurring. Using sources from the text, I will attempt to prove how the western world, exercised their power to capitalize on the African continent, in addition to the exploitation of the African people and land. We begin with the early origins of Africa, and the civilizations in place before, the Western world had an influence on them. Africa like the other continents had its array of civilizations set up in the different nation states, their own power systems, economy, and way of living, ways that differed, but resembled other civilizations as well. In validating this claim, I will be looking and analyzing the source, Ibn, Battuta, Visit from Mombasa and Kila, Rhila (c. 1358). The source is an account by Ibn Battuta, who was a scholar from Morocco, who is known for his travels to different lands, over a 30-year period of time. In this source, he visits the Swahili coast of Mombasa and ends his trip in Kilwa, a city in modern-day Tanzania. It is here we see the initial state of some of the nation-states in Africa, Battuta described the two cities â€Å"the city of Kulwa is amongst the most beautiful of cities, and most elegantly built† (57). The descriptionShow MoreRelatedHow has th e Western World been a Blessing to the Non-Western World?834 Words   |  4 PagesWestern world has its History beginning from the time of the Old Roman Empire. They created the basis for the upcoming world, called nowadays Western. The influence that the Roman Empire gave to the Non-Western world was continued to be by the Western world. The immense and productive cultural heritage from the old Romans has been observed and learned by the Non-Western world under Romes direct influence or by their own will. Prolonging the old traditions the Western world has been always devotingRead MoreThe Secularization of the Western World Essay1680 Words   |  7 Pagesthe saeculum arose in reference to a binary opposition within Christianity. Priests who withdrew from the world (saeculum) formed the religious clergy, while those living in the world formed the secular clergy (Casanova, 1994). The notion of the ‘secular’ has taken on a range of different meanings over the past eight een centuries. In today society, the world secular is used to describe a world thought to be in motion, the moving away from religious influence in everyday life. Thus, my definitionRead MoreThe Rise of The Western World Essay773 Words   |  4 PagesThe Rise of The Western World During the sixteenth century, the world powers weren’t the same as today. At the time, no country was greater than China. China’s advanced technology, fertile and irrigated plains, great canal system, and well run administration, were some of its numerous advantages over the rival countries. Although China was unquestionably superior when compared to all other world powers, some civilizations were not far behind. The Muslim world was quickly expanding during theRead MoreThe Playboy Of The Western World1622 Words   |  7 PagesThe Playboy of the Western World I had the pleasure of seeing the play The Playboy of the Western World by John Millington in the Alley Theatre on October the 9th. The play conveys the theme of social conventions in a village in Ireland around the 1900s. The characters of the play are Christy Mohan, Michael Flaherty, Margaret Flaherty also called Pegeen, Shawn Keogh, Window Quin, Sara Tansey, Susan Brady, Honor Blake, Old Mahon, Philly Cullen and Jimmy Farrell. Most of the play takes place in aRead More Linear Time Structure of the Western World1448 Words   |  6 PagesThanks to the linear time structure of the western world, time is no longer infinite. People of our culture constantly have to stress over rushing to arrive at an appointment on time, turning in an assignment by a particular day, or having a prepared meal on the table at 5 o’clock on the dot. As days are filled with schedules dictated by time, the time itself just seems to slip away. This passing of linear time creates the worry that life is too short and this generates the concern about death,Read MoreThe Playboy Of The Western World1367 Words   |  6 PagesThe Playboy of the Western World by John Millington is a play that conveys the theme of social conv entions in a village in Ireland around the 1900s. I had the pleasure of seeing the play The Playboy of the Western World in the Alley Theatre on October the 9th. The theme of The Playboy of the Western World was social conventions, all of the character had a certain criteria on who was accepted by their community. The play sends a message of the things people will do to be accepted in their societyRead MoreSymbolism in The Playboy of the Western World Essay715 Words   |  3 PagesSymbolism in The Playboy of the Western World Symbols are a powerful way of conveying information and feelings by substituting something concrete to represent an idea e.g. the heart (love), the dove (peace). Such representation is called symbolism. In writing The Playboy of the Western World, Synge serves us an Irish delicacy, in which lies the subtle yet memorable flavour of symbolism, in the midst of rollicking comedy and luscious language. The play opens withRead More Synge’s Playboy of the Western World Essay666 Words   |  3 PagesSynge’s Playboy of the Western World In the play The Playboy of the Western World Synge shows different levels of comedy through visual presentation, language and irony. The language in the play and its figures of speech and slang makes the readers get a feel of Irish culture as it is rich and typical of the Irish. In the first couple of pages of the play we see the characters say such things as â€Å"God bless you,† and we may initially be fooled into thinking that Mayo villagers are veryRead MoreEssay on Greek Accomplishment and Foundation of the Western World1941 Words   |  8 PagesGreek Accomplishment and Foundation of the Western World Most people today think that our ancestors made up our current cultures and traditions by themselves. However, most of western society is based upon Greek culture and ideas that were passed to the Romans and then passed on to Europe, and then Americas. We still share characteristics with the ancient world. The most important aspect that made Greek ideas so appealing was the idea that humans were able to reason: the highest value that aRead MoreThe Playboy Of The Western World Critique1417 Words   |  6 PagesThe Playboy of the Western World Critique I was overall extremely impressed with the University of Houston’s production of The Playboy of The Western World. The play and the intention of comedy were both carried out very well by the actors. I felt that I was engaged in the play, seeming like I was actually a part of the performance. The theatre department’s attempt on this play was very worthwhile, providing both a good laugh and a superb form of entertainment. The predominant theme of this play

Do Not Go Gentle into That Good Night by Dylan Thomas Free Essays

Do Not Go Gentle into That Good Night† by Dylan Thomas BY Lolo-H poem â€Å"Do Not Go Gentle into That Good Night† by Dylan Thomas Do not go gentle into that good night, Old age should burn and rave at close of day; Rage, rage against the dying of the light. Though wise men at their end know dark is right, Because their words had forked no lightning they Do not go gentle into that good night. Good men, the last wave by, crying how bright Their frail deeds might have danced in a green bay, Wild men who caught and sang the sun in flight, And learn, too late, they grieved it on its way, Grave men, near death, who see with blinding sight Blind eyes could blaze like meteors and be gay, And you, my father, there on that sad height, Curse, bless, me now with your fierce tears, I pray. We will write a custom essay sample on Do Not Go Gentle into That Good Night by Dylan Thomas or any similar topic only for you Order Now Dylan Thomas was a Welsh poet who died tragically young but left a powerful legacy of work. This poem, written to Thomas’s dying father, has a strict structure, but an unconventional message. Thomas encourages his father to rebel and struggle against death, what he calls the â€Å"dying of the light. † Although written for his father, Dylan Thomas himself ironically died the year after his father. Poetry-poem 12. 1 2010: This lesson plan is the property of the Mensa Education ; Research Foundation, www. mensafoundation. org. It is provided as a complimentary service to the public. Reproduction and distribution without modification are allowed. Images, links and linked content referenced herein are the property of the originating entities. Taking it apart Thomas sees lite as a day – death is the closing ot that day, and the dying of the light is the sunset and coming night. Notice the pairing of lines 1 ; 3. Gentle matches rage; good with dying; and night with light. This is a mythological allusion to the gods who could throw lightning bolts and have the skies tremble at the sound of their voice. In this stanza, Thomas says that even though men accept that they are mortal and should die (â€Å"Death is right†), he still encourages a rebellion against it. Stanza 2 talks about how wise men approach death. This stanza is about how â€Å"good† men do. They see the things they did in life reflect like light off of a bay. Rather than being useless, it is the old, near dead, â€Å"grave† men who can really see. â€Å"Gay’ here means â€Å"happy’ or â€Å"carefree. â€Å" Notice the oxymorons here: â€Å"blinding sight† and â€Å"blind eyes. † There is also a simile comparing eyes that â€Å"blaze like meteors. † Curse, bless, me now witn your tierce tears, I pray. From the general men discussed in the previous stanzas, Thomas narrows to his father in this stanza, pleading with him to fight against death, pleading with him to still be â€Å"fierce. † The lines that have been separated throughout the poem come together in the last couplet to reinforce the theme of the poem. Poetry-poem 12. 2 Memorizing it The form of this poem is called a villanelle. It has only two end rhyme sounds. The irst and third lines of the stanzas rhyme, and the second line rhymes with all other second lines. A villanelle ends with a rhyming couplet, and has nineteen lines – divided into five tercets and one quatrain at the end. The strict villanelle structure and rhyme scheme make this poem particularly easy to memorize, particularly since the last line of the tercets are repetitive: you get five lines memorized for the price of two! You actually get more than that because the line â€Å"Do not go gentle into that good night† appears in the poem four times. Using a highlighter or colored pencil, underline the lines that are repeated. How to cite Do Not Go Gentle into That Good Night by Dylan Thomas, Papers

Ethical dilemmas and behavior simulations help employees to make more ethical decisions free essay sample

Ethical dilemmas and behavior simulations help employees to make more ethical decisions. The first step in achieving this goal is to set up a code of ethics for your organization and give each employee a copy. The code of ethics should review what is expected of each employee and provide examples and what to do in each situation. â€Å"A formal code of ethics can help you and your employees make decisions more quickly by conforming to a set of rules to which everyone agrees. † The second step is to have an ethical training program in your organization. The training should go over what is expected of the employee, what to do when an ethical situation arises, and how to make ethical decisions. Employees should be asked to see each situation in different perspectives. The employer and the customer are two examples of this. I worked for a large aerospace company which strived on providing good ethical thinking through ethical training for all the employees on a regular basis. We will write a custom essay sample on Ethical dilemmas and behavior simulations help employees to make more ethical decisions or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page We were required to complete the many modules covering all areas of ethical concerns such as sexual harassment, dealings with customers, and your workplace. Instead of taking a class we were required to complete each module through web-based training. I believe that the ethical training program was very successful in helping employees understand what is right and wrong within the business scope and that the continued â€Å"refreshers† strengthened the choices employees would ultimately have to make in any given situation. Consistently making business ethical decisions is a key to long-term success for any business. By setting the standard throughout your business of business ethical decisions, your helping your company obtain a stronger positive reputation in the business world. This in turn will help secure a loyal customer base. Employees will have to make ethical decisions whether if they’re the CEO of the company or just a typical employee. Knowing what the right thing to do is essential in any business. The wrong decision could result in penalties either towards you as an employee or to the company you work for. It can also cause legal issues if the ethical situation is unlawful. Knowing how to resolve an ethical dilemma is key to increasing your decision-making effectiveness. You should always consult the code of ethics handbook you received if an ethical issue arises. If you can’t resolve the situation that way, you should contact your supervisor immediately. This can keep the employee from getting in trouble and help resolve the conflict. Supervisors are more trained in ethical decision making and can guide you in the right direction. If that doesn’t work, you could always ask your fellow employees what they would do in the current situation and go from there. Another person’s input may guide you in the right direction towards making the right decision.