Thursday, December 26, 2019

Business Law Graded Project - 942 Words

AGREEMENT OF The Can Do Partnership This Partnership Agreement is made on May 26, 2010 between Tim Couch and Bert Parker. 1. Name and Business. The parties hereby form a partnership under the name of The Can Do Partnership to produce 50-50 partners, giving equal say and ownership of a racehorse named Can Do. All decisions must be unanimous. 2. Term. The partnership shall be a 5-year term. 3. Purpose and Powers. 3.1 Purpose. The Partnership’s purpose shall be to: give equal say and ownership. 3.2 Powers. The Partnership shall have the following powers: 1) to conduct and operate the Partnership business; 2) to execute necessary business documents including notes, leases, service contracts, etc; 3) to open bank†¦show more content†¦6.4 Purchase of Defaulting Partner’s Interest. If a Partner defaults as defined in Paragraph 7 below, the non-defaulting Partner may purchase the defaulting Partner’s interest in the Partnership. 7. Default. 7.1 Default Events. A Partner shall be in defa ult if: (a) the Partner makes an assignment for the benefit of creditors, starts or is forced into bankruptcy, reorganization or insolvency proceedings; (b) the Partner’s Partnership interest is subject to attachment or seizure; and (c) the Partner fails to contribute capital when required or commits any other material breach of this agreement and fails to cure the breach after 60 days written notice. 7.2 Default Payment Terms. Price paid will be fair market value as determined by MAI appraiser. All other purchase terms will be as described in the paragraph’s on Deadlock Buy-Sell above. 8. Termination. Even if the term of the Partnership has not expired, the Partnership may terminate by: (a) Unanimous agreement of the Partners; or (b) If Can Do becomes significantly incapacited; or (c) Election of a Partner when another Partner has breached this agreement. 9. Dispute Resolution. In the event of a dispute arising between the Partners, the president of the Last Lap Racin g Association will act as arbitrator. If the president of Last Lap is unwilling orShow MoreRelatedEssay on Final Project2965 Words   |  12 PagesSocial Networking Graded Assignments: Project Project Project Title Transforming to an E-Business Model Purpose This project provides you an opportunity to assume a specific role in a business situation. You then apply the competencies gained in this course to develop a solution for a business problem related to an organization’s transformation to an e-business model. Learning Objectives and Outcomes You will be able to: Gain an overall understanding of an e-business transformation capitalizingRead MoreProposal for the Relocation of an Office919 Words   |  4 PagesRFP Request 1. Introduction 3 1.1 Purpose of Solicitation 3 1.2 Proposed Form of Contract 3 2. Description of Work 3 2.1 Statement of Work 3 3. Proposal Requirements 3 3.1 Technical Proposal 3 3.11 Designated Project Manager 3 3.12 Qualifications of Professional Personnel 3 3.13 References 4 3.14 Subcontracts 4 3.15 Methodology 4 3.16 Conflicts of Interest 4 4. Contractor Selection 4 4.1 Technical Proposal Review 4 4.2 Opening of Cost Proposal 4 4.3 Post Award AuditRead MoreCommunication is the Key to a Successful Team892 Words   |  4 Pagesstrengths lie in extroversion, conscientiousness, and open to new experiences. Extroversion is how outgoing, talkative and assertive a team member may be. Extroversion also accounts the comfort level one feels in a group certain. On the awareness test i graded myself moderate to high of each personality factor given. For example on whether Im the life of the party of or if i feel comfortable around people i rated myself as a five. Due to the fact that i feel like Im outgoing and comfortable around peopleRead MoreChile : A Global Perspective1141 Words   |  5 PagesWe intend to incorporate a global perspective in our organization business model, while tailoring our actions to the local environments. The Chilean economy is very internationalized. The country draws a high inward foreign direct investment due to its sustained economic growth and stability and due to favorable investment and business development climates. Chile is committed to trade and investment liberalization. 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Organizations have to research extentRead MoreJones Electrical Distribution3802 Words   |  16 PagesFinancial Management SBB Fundamentals COURSE GUIDE Leiden University Faculty of Mathematics and Natural Sciences Science Based Business Program March 2011  © 2011 All rights reserved Centre for Business Studies (CBW) Leiden University Except as allowed under Dutch Copyright Law (1912), no part of this material may be reproduced or transmitted in any form, by any means, electronic or mechanical, including photocopying, recording, or any information storage and retrieval systemRead MoreStrategic Management6582 Words   |  27 PagesThinking Week 1 October 3 – October 9, 2012 Required Reading †¢ Collis, D.J., Montgomery, C.A. (1995, July/August). Competing on resources: Strategy in the 1990s. Harvard Business Review, 73 (4). (Custom Textbook (2012), Managing Strategy in the Global Marketplace. Chapter 21.) †¢ Porter, M.E. (1996). What is Strategy? Harvard Business Review, 74 (6). In HBR’s 10 Must Reads on Strategy. (Custom Textbook (2012), Managing Strategy in the Global Marketplace. Chapter 21.) †¢ Stegmann, J (2009) CriticalRead MoreResearch Papers for Vietnam War1341 Words   |  6 PagesWar research project on May 21, 2013. Research Proposal on Organizational Behaviour Organizational Behaviour Research Proposal: Organizational behaviour is the study which researches the norms and standards of the interrelations of the people in the boarders of an organization. Evidently, every organization, public or private consists of a staff of people, which coexist and work together for the single aim. Naturally, organizational behaviour is extremely important in business because theRead MoreComparison Of Lumley V Wagner ( 1852 )1512 Words   |  7 Pagesits solved through laws that adapt and cohere with the unique situations. Breaching a contract plays heavy tolls on the parties, as emphasis on damages and remedies is highly important. These stories are often used to create/improve laws for the future, as the entertainment industry involves enormous amounts of money and special talent. In Lumley v Wagner, the two parties set a legally binding contract which was set to a duration of 3 months. A contract, under Australian Law is â€Å"an offer by one

Wednesday, December 18, 2019

Because God Created Man To Take Care Of The Earth, Christians

Because God created man to take care of the earth, Christians should protect the earth by caring for the environment and the wildlife around them. For this is what the Lord says he who created the heavens, he is God; he who fashioned and made the earth, he founded it; he did not create it to be empty, but formed it to be inhabited he says: â€Å"I am the Lord, and there is no other (Isaiah, 45:18, English Standard Version).Therefore, people should be planting things; helping them grow; and supporting the breeding of wildlife resulting in a bountiful earth. Church youth leaders have the task of equipping Christian youth as disciples of Christ and as good stewards of their environment as they encounter issues of morals, social justice and†¦show more content†¦It is an opportunity to learn new things, meet new people, and just get out there and see what the world has to offer. With that being said serving and volunteering for the earth in your local area is a great thing to do. . Greenleaf states that â€Å"the great leader is seen as servant first, and that simple fact is the key to greatness† Since service is a major component of Christian leadership and discipleship, we should be serving the world around us. Youth ministers don t just need to teach youth members pastoral skills, but also teach them to be responsible and genuine leaders in their school, churches, neighborhoods, and communities. (Canales, 2012) We as Christians should be setting an example of how to take care of the world God has created for us. Therefore, we should respect this land. We can help by picking up trash and helping keep our wildlife centers in our community. Helping with funding for caring for the parks and sanctuaries. We should be supporting our local environmental centers. God has made humans just a little lower than himself, crowned them with honor and majesty, and made them lords over his creation –not only over sheep and cattle, but also over ‘the beasts of the field, the birds of the air, andShow MoreRelatedThe Nature Of The Earth930 Words   |  4 PagesThe earth is, without a doubt, one of the most beautiful things that God has created. Creation is all around and is a testimony to all who see. Maintaining the earth is simple task that many have decided to do, this has created a large movement called environmentalism. The movement may put off many Christians, as it seems wo rldly in some sense. However, God has commanded that man â€Å"keep and dress† the earth in Genesis 2:15. This is one reason that Christians should have a hand in taking care of theRead MoreChristians Must Take Action1239 Words   |  5 PagesChritians Must Take Action Christians Must Take Action to Restore the Environment Ashley Boosalis Manalili Liberty University Introduction As Children of God we have a duty to help the environment and restore all that God has created. In Genesis 2:15, the Bibles states that, â€Å"The Lord God took the man and put him in the Garden of Eden to work it and take care of it.† We were put on the Earth that God has created to take care of everything He has placed on it in Adams place. We areRead MoreChristians and The Environmental Ethics958 Words   |  4 Pages An environmentalist is a person worships the environment and cares for nature more than people. Christians and others share the common perception that environmental ethics exist for how human beings should relate to the land, the free market perceptive and the environmental perceptive. Humans share a relationship with all creations of the earth. But as humans, they find themselves as having a role in the created order which is they have a closer relationship with the creator who has chargedRead MoreWorldview Religion Paper1389 Words   |  6 Pa gesof man has long been a question in the civilized world. People want to know where we came from, how we got here, and how the place we inhabit was formed. There are many ways to go about answering these questions and the Christian worldview is based upon theism. Theism states that everything was created by God: people and the universe. It all exists because of Him. The bible states that God did in fact create the heavens and earth in Genesis 1:1-1:31 and that in a week’s time man and earth wereRead MoreThe Worldview Of The Christian Worldview955 Words   |  4 Pagesand upbringing. The Christian worldview is under the board umbrella of theism, which is â€Å"a worldview that entails belief in the existence of at least one personal and intelligent divine being† (Cosgrove, 2006). A person of a Christian worldview itself is someone who believes in the teaching of Jesus Christ and believes God created the world and everything in it. This paper would attempt to summ arize and analyze the essential elements of the Christian worldview describing God, Humanity, Jesus, andRead MoreThe Book of Genesis815 Words   |  3 Pagesexplanation of how a Christian should view the natural world, human identity, human relationships, and civilization. Genesis 1 begins with the creation of the earth. God created the world in six days and rested on the seventh. He saw everything he had made and â€Å"it was very good†. God created man and woman in his image. In this way, God made human beings higher than every other creature. He gave them dominion over the earth and every living thing on it. Genesis 2:15 says, â€Å"He placed the man in the gardenRead MoreReligion And Its Impact On The Environment1452 Words   |  6 Pagesover the earth and what inhabits it. This is not necessarily a bad thing, but the majority of people who believe this misinterpret it as permission to treat the environment however they want. In order for the environment to improve, as well as quality of life; humans must make a commitment to be good stewards of the earth. Christianity has the largest following in society, with Islam being a close second. Both of these religions encourage their followers to be good stewards of the earth. â€Å"The worldRead MoreComparative Essay Original Creation of the Earth1271 Words   |  6 PagesElements of Earth Science Comparative Essay Original Creation of the Earth Rhonda L. Carter 9 March 2014 PHSC 210-B13 LOU | | Introduction It should be easy to say that the Earth was created by a higher power. For a Christian this higher power is God. The Bible gives us the six day creation of the heavens and the Earth and all that dwell upon it. For anyone else, the higher power is some unknown power that science is still trying to figure out. There are a lot of theories in science aboutRead MoreThe Bible And Ecology Essay1551 Words   |  7 Pagesby a man, Lynn White, who in 1967 brought to our attention a crisis we continue to face today. Christians tend to view our relationship with nature as a take as needed relationship where God’s creations are present for our survival. It can be hard to blame them when their evidence comes from the Bible but the problem isn’t the Bible, the way it’s being read is. Bauckham’s, author of â€Å"The Bible and Ecology†, approach to the interpretation and reading of the Bible can change the way Christians viewRead MoreThe Christian Worldview And W hat Impacts Those Beliefs Have On My Own Worldview1290 Words   |  6 Pageselements of the Christian worldview. God is the largest element due to His place as the foundation of the power and influence. God created humanity and allowed for their fall. He positioned Jesus Christ to save humanity from itself, satisfy divine judgment, and to reconcile their relationship with God. This paper will explain how each component is essential to the Christian worldview and what impacts those beliefs have on my own worldview. God The Christian worldview revolves around God. In the textbook

Tuesday, December 10, 2019

Principles of Individual Decision Making free essay sample

Principles of individual decision-making: According to textbook ISBN: 9780136021766  Author: R. Glenn Hubbard People are rational: Economist assume that consumers and firms use all available information as they act to achieve their goals. People respond to economic incentives: Economists emphasize that consumers and firms consistently respond to economic incentives. Optimal decisions are made at the margin: Economists use the word marginal to mean â€Å"extra† or â€Å"additional†. Economists reason that the optimal decision is to continue any activity up to the point where the margin benefit equals the marginal cost. In symbols, where MB = MC. Optimal decisions are made at the margin. Provide an example of a decision in which you compared the marginal benefits and the marginal cost associated with that decision I was a customer of Verizon Wireless for several years. Even though I was satisfied with the service, I wanted to change my Black Berry cellphone for an Iphone. I waited two years with the expectation that eventually Verizon will sell Iphones and I wouldn’t have to pay the penalty for changing carriers. We will write a custom essay sample on Principles of Individual Decision Making or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page What are the marginal benefits and marginal costs associated with that decision? The marginal benefit is that I will be a more satisfied customer by utilizing the newest technology in cellphones if I obtain the Iphone4. In addition, I recently transitioned to Apple products; therefore the Iphone will be compatible with the technology I recently incorporated. The marginal cost is that the amount of money invested in the new Iphone $250 plus the penalty paid to change carrier $130 = $380 is less than the monthly bill if I continue with Verizon for six more months. What incentives could have led you to make a different decision? I was driven by Apple products for the last two years. I first started with the Ipod building my music library. Then I bought an Apple laptop and learned how friendly and practical are all the tools. Finally, I read the rankings about Iphone4 and made an educated decision when it was the time to invest in this new cellphone. Explain how the principles of economics relate to decision-making, interacting, and the working of the economy as a whole In the example provided above, it took me two years to obtain the Iphone 4 because I utilized the the principles of economics related to decision-making. I had to be rational to understand the reasons why I wanted to transition from Black Berry to Iphone. I waited for two years until the economic incentive was applicable to move forward. Finally, the decision was made at the margin; meaning the marginal benefit equals marginal cost. Briefly describe the main attributes of the following economic systems: Market Economy: An economy in which the decisions of households and firms interacting in markets allocate economic resources Centrally Planned Economy: An economy in which the government decides how economic resources will be allocated Mixed Economy: An economy in which most economic decisions result from the interaction of buyers and sellers in markets but in which the government plays a significant role in the allocation of resources. Explain how economic interactions are affected by the type of economic system present Economics is the study of rational choice under scarcity. This statement means that consumers have an opportunity cost in order to obtain a desirable goal. Example: Give up playing time in order to obtain a formal education. The United States is ruled under a mixed economy, which means the government plays a significant role in the allocation of resources. Even though Economics is not the study of money, this example refers how the scarcity of money determines what choices a consumer makes. Also, how the government allocates resources from the taxes collected form consumers.

Tuesday, December 3, 2019

The Surprising Reason College Tuition Is Crazy Expensive free essay sample

[vc_row][vc_column width=1/4 offset=vc_hidden-sm vc_hidden-xs][vc_widget_sidebar sidebar_id=default el_class=sidebar-area-left sidebar-area][/vc_column][vc_column width=3/4 el_class=vc_sidebar_position_left offset=vc_col-lg-9 vc_col-md-9 vc_col-sm-12][stm_post_info css=.vc_custom_1437111025212{margin-bottom: 0px !important;}][vc_column_text]Lorem ipsum dolor sit amet, consectetur adipiscing elites. Nulla convallis egestas rhoncusa. Donec lorem facilisis fermentum sem, ac viverra ante luctus vel. Donec vel mauris quam Proin vestibulum leo eget erat congue interdum. Suspendisse nunc ligula, suscipit vehicula consequat eu.[/vc_column_text][vc_column_text] The upcoming budget for the Chicago Public Schools will rely on $500 million [/vc_column_text][vc_column_text]Cras condimentum a elit eget sagittis. Ut dignissim sapien feugiat purus tristique, vitae aliquet arcu tempor. Nulla facilisi. Integer maximus mi non nulla posuere consectetur. Phasellus erat lectus, ullamcorper nec erat vel, hendrerit hendrerit urna. Curabitur ut tempor lacus. We will write a custom essay sample on The Surprising Reason College Tuition Is Crazy Expensive or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Vivamus mollis, elit vitae maximus imperdiet, nisi nulla fermentum nisi, sed luctus metus dolor ac eros. Nulla cursus venenatis enim, vitae tincidunt justo vulputate a. Sed elementum elit ultrices tellus elementum, et molestie nulla pharetra.[/vc_column_text][vc_row_inner][vc_column_inner width=1/2][vc_column_text] Donec porta ultricies urna, faucibus magna dapibus. Etiam varius tortor ut ligula facilisis varius in a leo. Folutpat tempor tur duis mattis dapibus, felis amet. [/vc_column_text][/vc_column_inner][vc_column_inner width=1/2][vc_column_text] Donec porta ultricies urna, faucibus magna dapibus. Etiam varius tortor ut ligula facilisis varius in a leo. Folutpat tempor tur duis mattis dapibus, felis amet. [/vc_column_text][/vc_column_inner][/vc_row_inner][vc_column_text]Donec porta ultricies urna, nec faucibus magna dapibus vel. Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Etiam varius tortor ut ligula facilisis varius in a leo.[/vc_column_text][stm_multy_separator][vc_row_inner][vc_column_inner width=2/3][stm_post_tags][/vc_column_inner][vc_column_inner width=1/3][stm_share code=JTNDc3BhbiUyMGNsYXNzJTNEJTI3c3RfZmFjZWJvb2tfbGFyZ2UlMjclMjBkaXNwbGF5VGV4dCUzRCUyNyUyNyUzRSUzQyUyRnNwYW4lM0UlMEElM0NzcGFuJTIwY2xhc3MlM0QlMjdzdF90d2l0dGVyX2xhcmdlJTI3JTIwZGlzcGxheVRleHQlM0QlMjclMjclM0UlM0MlMkZzcGFuJTNF][/vc_column_inner][/vc_row_inner][stm_post_author][stm_multy_separator][stm_post_comments][/vc_column][/vc_row]

Wednesday, November 27, 2019

Word Choice Past vs. Passed

Word Choice Past vs. Passed Word Choice: Past vs. Passed The words â€Å"past† and â€Å"passed† are surprisingly tricky. As well as sounding similar and starting with the same letters, for example, they can sometimes be used in similar situations. If you want to avoid errors in your written work, though, you may want to check out our guide to how they are used. Past (Noun and Adjective) When used as a noun, â€Å"past† refers to a time before the current moment: History is the formal study of the past. It also refers to a previous point in time when used as an adjective: My past choices were sometimes flawed. Here, â€Å"past† modifies the noun â€Å"choices† to show when they occurred. Past (Adverb and Preposition) Another use of â€Å"past† is as an adverb or preposition, where it means â€Å"beyond a point in time or space.† For instance, we could use it as an adverb like this: They walked past the bridge on the way home. Here, we use the adverb â€Å"past† to modify the verb â€Å"walked.† Passed (Verb) â€Å"Passed† is the simple past tense and past participle form of the verb â€Å"pass.† It is therefore used in a number of situations, which include having: Moved beyond a particular point in time or space Succeeded in a test Handed something to someone Died or departed Changed from one state to another Declined to accept a chance or offer For example, we could use â€Å"passed† in any of the following sentences: They passed the bridge on the way home. She passed her exams with flying colors. He passed me the envelope with a nervous look. She passed away peacefully in her sleep. It passed from a solid to a liquid state. I regret having passed on buying shares in Facebook. This isn’t even a complete list of how â€Å"passed† can be used! The important thing, however, is that â€Å"passed† is always the past tense form of â€Å"pass,† including in the example sentences above. Past or Passed? These terms are most often confused when discussing movement. We can see how similar they are in this case if we repeat two examples from above: They walked past the bridge on the way home. They passed the bridge on the way home. The key here is that â€Å"passed† is a verb, while â€Å"past† in this case is an adverb. To make sure you get this right in your writing, remember that: As a noun and an adjective, â€Å"past† refers to a previous point in time. As an adverb, â€Å"past† should always modify another verb in a sentence. â€Å"Passed† and â€Å"pass† are both verbs spelled with a double â€Å"s.† Furthermore, while â€Å"passed† is the past tense of â€Å"pass,† the word â€Å"past† is never a verb. Consequently, if you need an action word, â€Å"passed† will always be correct. If you need a noun, adverb, adjective, or preposition, on the other hand, the term you need will always be â€Å"past.† Past (noun) = A time before the current moment Past (adjective) = From an earlier time Past (adverb/preposition) = Beyond a point in time or space Passed (verb) = Past tense of â€Å"pass†

Saturday, November 23, 2019

Football Culture Essay Essays

Football Culture Essay Essays Football Culture Essay Essay Football Culture Essay Essay Essay on Football Culture Culture is a way of living of a group of people- their behaviors, beliefs, values, and symbols which they accept, generally without dispute, and that are passed along through communication and practice from one generation to another. It consists of patterns, explicit and implicit, of and for behavior learned. Conveyed by symbols, constituting the unique achievement of individual sets, including their personifications. In artifacts; the essential main of culture consists of shared ideas and mostly their attached ethics; culture structures may, on the one hand, be considered products of action, and on the contrary, as conditioning effects upon further deed (Pearson n.p). More than 240 million population all over the world play soccer often as to the Federation International of Football Association (FIFA). The game has grown from the sport of striking an animal-hide ball around to the World Cup sport it is today (Pearson n p). The history of football goes back to over 2,000 years ago into ancient China. Greece, Rome, and some countries in Central America also claim to have started the sport; nevertheless, it was England that advanced soccer, or what the many people around the world refer to as football, as the game we know today. The English get recognized with bringing the first uniform rules to the match, including punishing against tripping opponents and holding the ball with hands (Pearson n.p). Recent Football Changes : More rules get implemented as the game advanced and more historical milestones set. The penalty kick presented in 1891. FIFA became an affiliate of the International Football Association Board of Great Britain in 1913. The yellow and red cards got introduced 1970 World Cup finals. Recent changes include goalkeepers getting barred from handling intentional back passes in 1992 and challenges from behind red-carded and penalties in 1998 (Pearson n.p). Football is a very common sport in several countries all over the world, and most people become obsessed with the teams they back. Some people believe football is a matter of life and death. Im very disappointed with that attitude. I can assure you it is much, much more important than that (Coach Bill Shankly 12). Although football is considered necessary all around the world, there is a particular obsession in England which may be because of the sports history (Pearson n p). It has gathered a broad fan base and has also have provided job opportunities to millions of people worldwide. In fact, in every stable country, there exists a football league. The most common and followed leagues in the world include; English Premier League (England), Bundesliga (Germany), Serie A (Italy) and La Liga (Spain). The four countries host the most popular football leagues in the world. England tops the fan base count followed by Spain (Garrahan n.p). Talented Football Players Football always focuses on the talented people who have unique skills in handling a soccer ball. Most talented players play football as a source of entertainment and passion. However, recently, there is the emergence of the league that flood money is hiking the salaries of player, hiking the release clauses and even allowances that are unaffordable to other clubs. It has, in turn, changed the players interest largely to money. It has denied the smaller clubs, which doesn;t have important financial chest access to quality and talented players. Most talented players become highly valued regarding money and even salaries. It has even brought conflicts in teams as players compete for higher wages and recognition. FIFA tried to curb this aspect by introducing the financial fair play rules. However, it seems hard for the body to control the clubs; activities since they use the weaknesses of the law to their advantage (Garrahan n.p).; The emergence of new leagues in countries such as China, Japan, and the USA, leads to inflation of salaries for players since these countries possess large amounts money. They buy players from the developed leagues at very high prices and offer them inflated salaries. The salaries being high the talented and unique players leave their teams and join these luxurious clubs. It leads even to indiscipline of players when they are not allowed to leave their current clubs. Others even demand and boycott training or even playing if the salaries increases do not get increased (Garrahan n.p).; The football governing board (FIFA) should try and formulate new and airtight laws to seek to restrict further rot in the industry. The specific countries; football governing body should also try and come up with rules and guidelines to help curb this tendency. In the event it is left to thrive, the original meaning and purpose of football will be lost (Garrahan n.p). Racism in Football Racism recently has brought an uproar of problems in the football industry in the world. Racism in football is the abuse of team players, administrators, and fans due to their skin color, race, or background. Some may get targeted because of their friendship with an opposing team. Nonetheless, there have been occasions of players being targeted by their fans. Since no one can decide sources of talent, whether a player possesses black or white race, doesn;t warrant them harassed because of the same. There is the emergence of bad behavior mostly by fans to abuse or boo a player due to his color. It demotivates the player concerned making them feel unwanted killing his desire to play. It has significantly reduced the quality of football since some players fear of abuse. In the leagues where racism is prevalent, the player tends to distance themselves hence the teams of the league are limited to the race which does not face abuse (Rank n p). The issue of racism has hit the football governing body where they are trying to educate the fans and even the players on the effects of racism. It is much evident in big games where banners of ;say no to racism; are always displayed on fields. Sometimes they are attached to players; uniforms. It has significantly helped in the move to campaign against the racism. Heavy fines also apply to the clubs in case their fans get engaged in racism activities. It has, in turn, challenged teams around the world to deploy security personnel in pitches where they identify fans who are involved in racism-related activities. The fans later get punished by fine or ban from entering any football stadium in the world. The move has cases of racial abuse in the stadiums drastically; (Rank n.p); In conclusion, football culture is continuing to grow day by day gathering more fans and investors. Most of the large companies in the world have entered into football business through sponsorships and even grants. As more fan base created, the value of football culture increase. In some countries such as Brazil, Spain, and England, so has become an alternative to education. Talented kids attend soccer academies instead of academic school. In soccer academies, they concentrate much on football and less academic. It shows that people are drastically adopting football culture as a way of living and have started to embrace it. ; Garrahan, Matthew. ;Cash converters;: when Saturday comes.Retrieved on 21st March 2017. Pearson, G. ;An Ethnography of English Football Fans: Cans, Cops, and Carnivals.; Pro Football journal Manchester University Press, 2012. Ring, David. Foreign players and football supporters: The Old Firm, Arsenal, Paris Saint-Germain. Green Soccer Journal. Manchester: Manchester University Press, 2012.

Thursday, November 21, 2019

Finance Concepts Assignment Example | Topics and Well Written Essays - 1000 words

Finance Concepts - Assignment Example If the estimated life of this project is 5 years and the Required Rate of Return is 10%, then we can also calculate the NPV of this project. If the NPV is also a positive value then we can safely estimate that this project will carry a good return, and the initial investment would be covered in 5 years. (Shim & Siegel, 2000). 2. Whenever one wants to finance a business, he can go for either debt or equity financing. Debt Financing carries lots of advantages and disadvantages. The major advantage of this form of financing is that you do not lose the ownership of your company. The lender also does not have any sort of share in the future business profits. Moreover, the interest on debt is deductible on the tax’s returns, hence reducing the actual cost of loan to the company. Finally, in the case of debt financing the company is not entitled to send their annual reports to various stakeholders. However there is always another side of a coin. Debt Financing carries the disadvantag e of at being repaid at some point in time. The interest cost can be very risky for a company, especially at the times of financial crisis. Other than that the collateral the company pledges against the loan can put extra pressure on the owner of a small venture. There is a reason why companies choose to invest in stock rather than bonds. The investment in bonds carries lower returns than stocks. Even though it is less risky, the return on stocks can be much more appealing. Investors can, in certain situations lose money on bonds, if they sell a bond when the price is lower from when they purchased it. The higher inflation rates over the investment return on bonds will hurt the purchasing power of the money the investors have (Petch, n.d.). 3. In the field of finance there is an important concept of risk-return trade-off. There is a general idea that prevails, the higher the risk the greater the return would be for an investment. The balance of the risk-return trade-offs, is hence a key factor in designing a proper financial and investment plan. Let us take an example of investment in stocks. In the case of a speculative stock because of its high risk, as an investor, you will expect a higher return. The same is the case with the working capital management. If you keep a lower inventory, there is a risk of running out of stock and hence you expect a larger return out of it (Shim & Siegel, 2000). 4. In finance, a Beta measures how volatile any security is to the market average. In layman terms, it measures the return of a security in a certain time period in relation to the overall market. Let us take an example, if a company has a beta of 2.0 in due time, this would mean that if the stock market would increase by 10%, our company’s stock will increase twice fold i.e. by 20% and vice versa. If the company has a 0 beta that means it is not affected by the market. A 0.5 beta would mean the company’s stock is half as volatile as the market, while a 1 beta would show that the company is as volatile as the market (Shim & Siegel, 2000). 5. When a risk occurs due to non-probabilistic events and not by pure chance, it is classified as