Saturday, September 7, 2019
Same Sex Marriage in India and the United States Essay
Same Sex Marriage in India and the United States - Essay Example The essay "Same Sex Marriage in India and the United States" compares the issues of the same sex marriage in India and the US. This paper analyses the childless married womenââ¬â¢s experience and resistance practices. This paper is of particular importance as it brings to light the importance that is given to motherhood in India.According to the Bible, God sent Adam and Eve, of two different sexes, to the earth for procreation. According to Hindu mythology also the first human beings that were sent down were Manu and Shatarupa, again of two different sexes. The purpose in both cases was procreation because this can happen only with the union between the opposite sexes. Same sex marriages are condemned the world over by every religion as it goes against the law of nature. While spiritualism directs to look at every individual as a soul and not to look at the external form and shape, hence beyond gender, but same sex marriages create social distortions and challenge the very institu tion of marriage. In India same sex marriages are a taboo and motherhood is essential to attain fulfillment. Nevertheless, close-knit Indian families are traveling beyond and embracing the new way of sharing the love. In the US, same sex families claim to provide the same environment to the children and the children grow up in a better environment than natural families and hence through adoption, they can fulfill the desire to have children. Same sex marriages in the US is gaining acceptance while in India it is still a stigma and a taboo.
Friday, September 6, 2019
Prose Commentary, Pat Barker Essay Example for Free
Prose Commentary, Pat Barker Essay The title of the book from which this excerpt is taken, Regeneration, highlights what I see as the main theme in this thought provoking prose piece. This piece of prose raises images for me of the moist dampness, humid soil, death and the prospect of life arising from the continuation of the cycle of life and death. These Images are shown in phrases such as the final sentence, which says, Now they could dissolve into the earth as they were meant to. This sentence is the one which stuck out most to me in the whole excerpt; I found it very powerful in that it brings out the theme of regeneration to the reader and it is a sentence which sticks in your mind. I can see this as an overall whole picture, where Burns, who I view as a returning soldier, perhaps from the Gulf War given the date, experiences, and successfully faces one of his terrible fears, picked up from the war, of bloody, dead corpses, and through this finds the prospect of soul peace before him. I also see that nature and the cycle of life as a big theme in this excerpt as it shows up in nearly every line. Words such as, rain, mud, trees and wind support this. The narrative structure of this excerpt is also important, because it is as if the story of Burns is being told by someone else and so it is likely not subject to the bias of the actual persons account. In the first three paragraphs, rain and the wetness of the land is a large part of describing, setting the scene and the tone of the rest of the excerpt. The author creates a feeling about Burns, that he is somewhat stranded, for the writing states, He didnt know what to do and so long since hed been anywhere alone. As well as creating a lost feeling this sentence confirms the thoughts, though not directly, that Burns is a returning soldier. The use of the words, Raindrops dripped with the repeated d sound, creates the patter of large raindrops. Persistent and monotonous link up with each other to remind the reader of the continuity of the wetness. When Burns reaches a fence, he sees that, A tuft of grey wool had caught on one of the barbs. Perhaps an animal had once quite recently struggled to free itself from this discontinuity in nature as Burns does when he too gets caught on a barb just like an animal. The repetition of the b sound in Burns blinked, carries on the theme of the persistence of the rain. Throughout the whole of the third paragraph there is another repetition of the b sound, this time though it is used to bring out the sound of the thud and plodding of Burns in his mud encumbered boots. There is also a repetition of the s sound in words such as slipping and stumbling for exactly that, to create the sound of someone slipping in the wet mud. The writer also uses words such as cold, khaki and tight cloth to create a chilling stiff sound to make the reader feel the cold that Burns is experiencing. In the next two paragraphs, the author makes the wind and its severity, an impacting factor on Burns' progress toward the safety that he seeks. The wetness of the setting which surrounds Burns is also again a major influence in his quest. The tone of these two paragraphs is much more severe than the first three. The author says that the wind tries to scrape Burns off its side. suggesting that the situation has become more intense. That line is very effective literally because the word scrape is an onomatopoeic word and when joined together with side it creates an alliterating s sound. The fact that he has to keep his head bent and the Rain beat onto his head both confirm the increased severity of the weather. When the weather is so bad that the distance vanishes in a veil of rain, the alliterating v sound bringing out the hum of the constant rain, Burns' survival instinct kicks in and he decides to take shelter, running clumsily toward a clump of trees. But again he is slowed to a walk because of the dragging mud. The words mud dragged are effective here, for even to say them together takes effort and your reading is slowed by them, amplifying their effect. The sucking of your reading is again shown in the words mud-clogged boots, the d, g and b sounds all together make the reader have to pronounce each syllable in a drawn out way. Where the author talks about, the whine of shells he is referring to the sound that you hear when you put a shell to your ear and compares it to the noise of the wind through the trees. In paragraph five the author shows the exhausted Burns so tired he cannot even be bothered to wipe away the rain drenching his face. In the next three paragraphs, the tone of the extract becomes quieter; there is neither mention of the intense rain nor the sound of it. The tone of the setting becomes almost sinister amongst the trees. Burns now in what he thinks is the safety of the trees continues to stumble and the writer again uses the repeated b sounds in the words, began, stumbling, blindly and between to show us that Burns has still not quite got his bearings right yet. The author uses the repeated c sounds in the words catching, clumps and bracken to the same effect. Because he is stumbling blindly, something brushed Burns' cheek and when he tried to push it away, his hand touched what he first thought to be slime. On turning to see what it was, Burns discovered that there was a dead mole, suspended, apparently, in air. The use of commas in those few words are effective because they make the reader pause and thus put emphasis on a very important part of the extract, it begins the change in plot of the whole extract. Its small pink hands folded on its chest. suggests the authors feeling that the mole was innocent, but was still killed. The author provokingly compares the dead animals Burns sees to a fruit tree bearing, what the author makes you think are heavy fruit by using the word laden. Heavy fruit because they are generally more likely to smell of decay, which is what the dead animals are, decaying. The author quite interestingly uses animals from each part of the earth; the magpies from the sky; the fox from the ground and the moles from under the ground, this I see as a continuation of the regeneration theme carried on throughout the whole excerpt. I think that the fox scared Burns so much because it reminded of something that he saw in the war. Again in paragraph eight the trees are against Burns. The author uses the alliteration of the words twigs tore through the t sound to remind the reader of the snapping sound of twigs and the force that Burns was putting into getting away was enough to snap the twigs on his skin. It brings out how frightened he really was. The writers reference to dead leaves also fits in with the theme of Regeneration for dead leaves must dissolve into the earth to create nutrients for the trees from which they fell and thus continue the circle of life. In the short paragraph nine, the setting changes briefly once more because Burns goes out into the field once more. He splashes effectively through the alliterated flooded furrows, the f making the sound of the swishing water. Burns then hears a voice, probably the voice of a fellow soldier from the war. It is said to be the voice of a person named Rivers. I did find it quite ironic that the author of the book from which this excerpt is taken, would use the name Rivers for the voice which Burns hears because in Scotland a small river is called a burn. This brings out to me that the author is making the aspect of water very important to this particular scenario. I feel that the use of water here is important to the overall theme of regeneration because water is a key part in the cycle of life, it is the source of all life and so I think that this is why the author emphasises this point. The voice that Burns hears tells him that, If you run now, youll never stop. basically telling him to face his fear. This may be because perhaps Burns ran away from something before and did not face his fear. The last two paragraphs of the excerpt talk of Burns facing his fear, finding a peace amongst his dead companions and his finding a control which he did not have at the beginning of the excerpt. Burns turns back therefore facing his fears. The fact that the author talks about what the real Rivers might have said confirms that Rivers is a real person and he is probably still alive. When Burns lets down the dead animals he is allowing for the natural cycle of Regeneration to be complete. This seems to make him feel better for he sits down inside the circle of his companions who he no longer views as scary and is happy because, Now they could dissolve into the earth as they were meant to do. By facing his fear, Burns was regenerated in himself, this also made him content. The last line is the most important in the whole text; it sums up and puts into context the entire idea of Regeneration. In conclusion I would say that there is one main theme in this excerpt; it being the ongoing recurrence of the idea of Regeneration through the means of nature, water, the cycle of life and death and the facing of fear. It is also important to say that in order for regeneration to happen, something has to die.
Thursday, September 5, 2019
Media Representation of Violent Crimes | Race
Media Representation of Violent Crimes | Race The thesis of the paper is, the media representation of violent crimes by African Americans. It has indeed been proven that the media portrays a very negative image on violent crimes as perpetrated by black Americans and this to a large extent Ãâà impacts on the law, regulations, and public perceptions on the violent crimes. For instance, a violent crime such as rape has been painted as a grim reality that all of us need to be aware. This has had the effect of even influencing the way law makers perceive rape. It has eventually led to stringent laws being developed to deal with the crime by the blacks. The most notable law in the US history was the one restricting the way in which the sex offender moves through the sex offenders restrictions Act. This paper will succinctly focus on the various media perceptions about the violent crimes and especially the way the media represents violent crimes thus influencing the public perception of the same. The result of the media representation of violent crime by black Americans has been more strict measures being taken that is aimed at curbing the propagation of such crime. Previously as noted, such crimes were often silent and thus the public did not know much about the violent crimes. However, due to the media representation of such violent crimes, crimes such as assault, wife battery have now become more pronounced more than ever. It has therefore become clearly known that the violent crimes are treated with more weight as a result of increased knowledge by the public especially of the violent crimes (Lind, 2004). The media has often been faulted for propagating violence in many forms. The violence that is portrayed by the media actually encourages the vice to continue instead of helping to educate the public in order to avert future problems. It was revealed that most of the news that sells in the media and attracts much attention is news pertaining to violent crimes by the black Americans. We would often turn the volume of our television or radio sets up in order to listen to some shoot out news in which a gangster or police officer was killed or more so to listen to testimonies by witnesses in a rape or robbery case. The body of this paper shall consider the impacts of the media representation on violent crimes by the black Americans. Indeed, criminology theories are often contemporary theories and not standalone theories as perceived by most scholars (Croteau Hoynes, 2000). The theories help to explain the rationale behind what most criminology researchers put forth. In this paper, we shall explain how the media representation of violent crimes impacts on the law and generally on the US regulations in light of the classical criminology theory. Several researchers have explored the media representation of various phenomena, with very few suggesting that the media rarely imparts positive impact on the law and public perceptions on violent crimes. Furthermore, it is imperative to note that the media indeed influences different aspects of the law by painting a stern picture of the violent crimes through emphasizing on the consequences of such crimes and the reality in terms of victims that are left after the perpetration of such violent crime. We shall first begin by looking at the positive impact that the media has on its representation of violent crimes to the society at large. Firstly, it is important to note that most of the violent crimes go against the societal values and core beliefs. This has indeed made the media to point out the reality behind such violent crimes. It is often common to see the media emphasizing on the effects of such violent crimes such as rape. Sometimes, the media even uses real victims to succinctly convey the message. This has left several impacts as insinuated by several researchers. A lot of research has been done to determine the spate of media influence on the violent crimes to the society. Critics suggest that the media has made the publics perception about violent crimes by the black Americans to change. This has observably changed for the worse. Consequently, research has shown that violent crimes could be effectively be dealt with at a higher level by the law enforcement agencies. What is most important is the awareness by the general public. The media therefore plays a pertinent role in fostering this. Maguire, Morgan and Reiner (2007) reveal that the picture painted by the media on violent crimes by black Americans such as rape has made the law makers to realize how serious the violent crime can affect the society. In particular, law makers have become more aware of the factors that actually lead to the propagation of violent crimes so that they may effectively pass laws that will ensure that the activities that lead to the violent crime or at least contribute to the violent crime are kept in check. For instance, rape in the media was portrayed as emanating from the activities of idle boys and the youth who apparently did not have anything to do. This in turn made the law makers to seek ways of preoccupying the youth in a more constructive manner. Therefore, the youth development projects were formed to take care of the needs of the youth. Apparently, the youth in California were found to be engaged in various activities (Greer, 2003). Some of these activities were not so construc tive as such. Therefore, the law makers formulated laws that effectively ensured that the youth were well occupied. This therefore meant that the youth could be engaged in educational as well as community activities. Consequently, the media representation of the violent crimes made it easier for the public to perceive violent crime as an emerging crime that was previously hidden under the pillow. This therefore apparently enabled crimes such as assault and domestic violence to emerge and become topical issue in the media as well as in the public forum. The result of this therefore was that the public became more aware of the effects of violent crime, specifically, domestic violence and assault as well as rape. Thus, the media has been extremely successful in exposing such crimes to the public knowledge. The public has responded by being more vigil in terms of fighting the crime through community oriented initiatives. The media in conjunction with the police bring to the attention of the public certain crimes that they would have otherwise been ignorant of. The media continues to be ardent in exposing criminal activities and syndicates. The most recent syndicate to be exposed was that of track it which apparently fleeced unsuspecting citizen of millions of dollars. Apparently some of the renowned black Americans were connected to this syndicate which was accused of defrauding the public of their innocently earned money. This way, the media ensures that unscrupulous business entities are busted and their licenses ceased. Lind (2004) suggests that the spate of crime by the Black American is on the rise and if nothing is done to address the root cause, then it is likely that this could escalate beyond repair. The society at large subsequently instigated steps that were meant to curb the growing trends in the violent crimes. The trends of such violent crimes can thus be monitored and steps taken by the law makers and the public to mitigate it. This has therefore had the positive effect of reducing the incidences of violent crime within the society setting. Stenson and Sullivan (2001) insinuate that the media alert on violent crime has helped the public to specifically improve their response to such crimes thus reducing the occurrences of such crimes. In particular, the public has become more receptive in helping the police to monitor such kinds of crime through the community oriented policing modules. In her book, Lind (2004) reveals that the media indeed portrays race as a contributory factor towards the violence as seen in most of the scenes of violence. The black Americans are particularly faulted for being boisterous in terms of their propensity to propagate violent crimes. In the United States, nearly half of those individuals who are incarcerated are black Americans. This indicates a worrying trend that must be mitigated. The media also revealed that the state of Texas had been coarsely affected by the increase in the number of inmates who had been incarcerated by the federal government. The federal government on the other hand has the relevant statistics necessary to formulate the necessary measures aimed at averting the vice of violent crimes. Media is the mouthpiece of the society. The society has come to believe the media in most of the aspects pertaining to the society in general. Therefore, it is the onus of the media to ensure that they consistently inform the public of the various happening and to subsequently effectively warn the public of a growing trend. The public is therefore receptive of such happenings that will affect its perceptions as propagated by the media. More often, the media simply According to Davies, Francis and Greer (2007), crime occurs where the benefits outweigh the costs. This is the definition of the classical theory of criminology. The classical theory of criminology therefore goes ahead to state that when people are after self interest, with the lack of presence of punishment that is tangible or even intangible, crime occurs. Therefore what this means is that the violent crime occurs as a result of lack of knowledge by the general public. This also means that the media serves as an important vessel in mitigating crime by the blacks through effectively monitoring crime prevalence. Media has been very successful due to its ability to reach multitudes of people at the same time thus ensuring that information is conveyed to masses. The law makers also serve to formulate laws that ensure violent crime by black Americans is kept in check (Miller, 2003). This could not be possible without the contribution of the media in highlighting the areas of violent cri me that the law makers need to focus on. Moreover, this will have a ripple effect in ensuring that the violent crime does not continue and is effectively put under check. The classical theory also states that crime, and violent crime for that matter is a free will and upon an individuals choice. The people who propagate crime are therefore people of sane mind, body and spirit. Therefore, what this means is that violent crime by the black Americans has indeed been a matter of choice. According to Muncie and Wilson (2004) issues regarding choice can only be eliminated through publicity and increasing awareness. This as earlier mentioned can best be done by the media. The media has for ages painted a grim picture of violent crime and been against it in totality. This has therefore meant that the violent crime incidences have been shunned by the society in general and thus led to a decline in cases involving violent crime. On the other hand, the media has negative impact in terms of the image that it paints in relation to the violent crime on the society as well as the impacts that it has had on the laws and regulations. Greer (2003) notes that the media has overblown the issue of violent crime beyond proportion thus making it difficult for the determination of the true magnitude of the violent crime and the extent to which it should be shunned The consequences of this have been thorough in terms of influencing the way law makers perceive violent crime. It is also true according to the classical theory of criminology that the violent crime by black Americans is the brain child of a society that lacks direction. This is indeed a wakeup call for the law makers and the relevant administrators to take up the challenge and rise up to the occasion as pertains to ensuring that the perpetrators of violent crime are dealt with. Maguire, Morgan and Reiner (2007) concur by suggesting further that the law makers have accorded strict punishment to some of the violent crimes such as assault thus putting the perpetrators who may have acted under self defense to thorough capital punishment. Similarly, the law makers have been very mean in terms of passing amendments meant to reduce the punishment accorded to the perpetrators. Critics suggest that the best form of punishment that would be suitable for the perpetrators of violent crimes would be serving several years behind bars and then community service for a couple of years (Davies, Francis Greer, 2007). The media representation of violent crime by blacks Americans has therefore left very stern action taken by the law makers. Furthermore, the public at large have been left with a very bad perception. Greer (2003) suggests that the public now view most of the violent crimes by the black Americans as gross. This has made the public to take very stern action while dealing with the perpetrators of such violent crime such as rape. The public has therefore become autonomous in terms of judging a person suspected to have perpetrated the violent crime and subsequently played the part of the court or judicial system. This has made the public to take law into their own hands and set ablaze or even brutally killed the perpetrators. The classical theory of criminology further supports the fact that violent crime is caused by an individuals volition. This volition should be turned for the good of the individual through encouraging good behavior within the community and thus effectively rehabilitating a violent crimes perpetrator. Stenson and Sullivan (2001) suggest that the media has effectively denied the perpetrators of violent crime the chance to change and be part of the society. This theory further supports a no-crime environment through solving crime from its roots. Therefore, the law enforcement agencies will have a very smooth ride due to the implementation of these theories. The other important negative impact of the media representation of violent crime by the black Americans has been that individual especially the teenagers who are apparently below the age of majority have been exposed to violence at a tender age. The media has therefore succeeded in changing the perception of such age groups of violent crimes since they view this as a normal happening and therefore they grow up knowing that violent crime by the black Americans is part of the society. Muncie and Wilson (2004) suggests that it is usually very difficult to change such perception. In fact, the teenagers perception of violent crimes by the black Americans is so grim such that some of them even aspire to perform the same acts that the media condemns. Too much exposure to violent scenes is not good for the development of the teenagers. Recently, there has been a huge outcry on how the media portrays violent crimes by the black Americans without discretion to the populace. It is important to note that the populace consists of diverse ages. It is ethically wrong at least according to Greer (2003) from the media to show violent crimes to the youth. It can therefore be concluded that the classical theory is indeed the most effective in explaining the media representation of violent crime by the black Americans and advancing the ways that we can deal with such perception and representation to develop more positive laws and regulation as pertains to curbing the incidences of violent crimes. Therefore, the media has been more beneficial more than detrimental to the general public through the various sensitization programs that it advocates for in totality. Crime rates by the black Americans have been effectively reduced due to the proactive nature of the media towards informing the public and the police together with other law enforcement agencies of the impending violent crimes and their consequences.
Wednesday, September 4, 2019
Discipline As Folklore :: essays papers
Discipline As Folklore There is no need to argue whether discipline has a role in society. The types, severity, and appropriateness are debatable, but it surely serves a purpose. This applies on a global scale, with groups such as NATO and the UN, all the way down to individual households. The family unit acts as a training camp for upcoming members of a community by teaching children what is expected of them through example and discipline. Though the methodology varies from household-to-household, culture-to-culture, place-to-place; we all have had to answer to authority at some point or another. The methods and lessons passed from generation to generation are preserved in the retelling of our own experiences to one another. These stories can also serve as a badge of honor; proof that we have survived the storm and are worthy members of society. An inspection of the interview answers reveals variation between the types of punishment that disciplinarians, mostly parents, chose to use. Though not well reflected in the transcript, those who were disciplined harshly, with one exception, express that they afford their parents less propriety and do not see themselves emulating the approach of their elders. [Appendix B] It is interesting to note, however; that the offenses themselves tend to be similar. Five of the eight recorded responses list lying as a punishable offense. Disrespect or getting in taboo situations seems to be a common thread as well. The majority of respondents' share views about the intentions behind their parents' actions, more specifically, they recognize that discipline is a means for parents to "â⬠¦teach me what they considered the right way to act - based on their moral and religious beliefs." [Appendix A: What do you think were the motives behind their actions? #2] While collecting the data, I was surprised to see how eager people were to share such private aspects of their lives. I handed out interview questions to some friends in the library (campfire) who quickly began reminiscing about childhood experiences. The conversation attracted the attention of nearby studiers and passers by who stopped to listen or throw in a personal anecdote or two. I found myself playfully competing with my interviewees over who had the most, the funniest, or the wildest stories. By telling their story, people reveal themselves. Their personality is highlighted by the kind of story they tell and the way they tell it. Explanations for an individual's behavior may become evident in a functionalist sense: 'Why I am the way I am' is explored through an expression of feelings and bottled up emotions through references of the past.
Tuesday, September 3, 2019
A Critique of Henry James Washington Square :: Henry James Washington Square
A Critique of Henry James' Washington Square I will admit it; I did not like Washington Square. That said, when I read the first line to Donald Hall's afterword, I felt like throwing the book away! "Everyone likes Washington Square" (220), HA! Well not me, Mr. Hall. I am not exactly sure why I kept on reading; maybe I was feeling a little masochistic that day! So, behold my surprise when I began to come across some of the author's words that expressed many of the thoughts that I had about the novel and its characters. Luckily, I did not have to read much before some of these ideas came into play. Throughout the "critique," the author addresses not only the work itself, but also how the story came to be. I found it interesting to learn that Henry James had, in reality, only invented the character of Dr. Sloper. The other characters, as well as the novels main plot, had come from a story that James had been told. Considering the absolute realism of the novel, the fact that James had adapted it from reality makes perfect sense. The aspect of this afterword that I found the most intriguing was Hall's critique of Mrs. Penniman. "Morris Townsend is revealed as her fantasy of an oedipal lover" (230). That line really struck me for it seemed to be the first comment that I had read that was unusual and new. Anyone reading the novel could, rather quickly, deduce the general personalities of the characters. The author's observations about Catherine, Dr. Sloper and Morris do not reveal any new character dynamics. But, his ideas about Mrs. Penniman elaborate beyond the usual "annoying and selfish" remarks. Throughout the Afterword, Hall remarks about the moral conflict of the novel. The author states that "The moral force of this novel lies in the paradox of Dr. Slopers' wrong-rightnes" (224). He goes on to explain that the reader has a love-hate relationship with Dr. Sloper. You know that he is right about Morris from the beginning, but it is very difficult to overlook what a horrible and cold man he is. In part, I agree with the author's idea; it is difficult to fully despise a man who is right. But, Dr. Slopers' concerns about Catherine marrying the fortune hunting Morris seem more to be concerns over his money, rather than his daughters well being and happiness.
Monday, September 2, 2019
Analysis of Donnes The Bait and Marlowes Passionate Shepherd to His L
Love, an extremely and unsurprisingly popular topic among writers in every time period and corner of the world, is the central subject of two similar, yet contradicting literary works ââ¬â ââ¬Å"The Passionate Shepard to His Loveâ⬠by Christopher Marlowe and ââ¬Å"The Baitâ⬠by John Donne, respectively. Each author masterfully utilizes imagery, but in different ways to achieve two different purposes. Marloweââ¬â¢s idealistic vision of what love should be is countered by Donneââ¬â¢s rather cynical realism. Both works begin with an identical first line that is followed by a line that Donne alters from Marloweââ¬â¢s original line. The change seems subtle yet it contains thematically significant meaning. Marloweââ¬â¢s second line reads ââ¬Å"â⬠¦and we will all the pleasures proveâ⬠¦Ã¢â¬ while Donne slightly changes the latter of the two ââ¬â ââ¬Å"â⬠¦and we will some new pleasures proveâ⬠¦Ã¢â¬ The discontinuity lies in the wording as Marlowe fails to recognize the negatives connected with relationships. Donne acknowledges these hardships, replacing Marloweââ¬â¢s extreme word choice - ââ¬Å"allâ⬠to ââ¬Å"someâ⬠. The alteration provides a more realistic approa...
Sunday, September 1, 2019
Deutsche Brewery Question and Answer
1. What accounts for Deutsche Brauereiââ¬â¢s (DB) rapid growth in recent years? What strategic choices were made? The Ukraine account grow rapidly in the recent years. The strategic is just expanding, more focus on the sale/volume, not on how to turn the order to money. It can be understood that the local distributors need some policy support from DB, because they just start, still at the beginning of capitalization period. The current credit policy is applicable for the starting phase, but long term it needs to be adapted (e. g annual bounce on the pay on time accounts).Meanwhile because of fast expansion, more investments on the Assets in Ukraine is needed. The financial plan includes a 7 million euro investment in new plant and equipment for the Ukrainian operations in 2001, followed by a 6. 8 million euro investment in 2002 for a new Ukranian warehouse and distribution center. Which is reasonable, but need more detail plan/business case before make the decision. I would say, h alf of the amount should be financed by Ukraine team itself, if they are able to turn the account receivable to cash. 2.What is the credit policy for DB for distributors in the Ukraine? Why is it different from other sales? Is it appropriate (examine the business models in both instances). The credit policy for Ukranian distributors from 2 percent 10, net 40 to 2 percent 10, net 80 (clients could take a 2% discount if payment was made within 10 days of the invoice, otherwise payment was due in full within 80 days). The credit policy for Ukranian distributors differed because Ukrainian entrepreneurs, who are ambitious to grow but without support from the bank as in Germany.The credit policy for the Ukranian distributors is applicable, which can support the distributor to expand, buy new equipment, and required more time than usual to pay. Also is a good investment for DB to build up the relationship with the distributor and meanwhile invest for the futurn. But on the other hand, long payment turn cost bad cash flow. In Ex1, the account receivable increase a lot, which 3. Why does this profitable firm need increasing amounts of debt? If the company wants to expand, they need cash.It seems that DB is profitable, but because of the big account receivable, which cause actually cash tie-up. In order to still keep expanding, DB have to increasing amount of debt for investing. 4. Something about dividends: The quarterly dividend proposed is 698,000 euro, an amount equal to 25% of the projected 2001 dividends (2,793 k). However, this dividend increase is based on projected earnings, and several factors affect whether those earnings. Better to reserve a part of money till end of the year. . What should Greta do with respect to: the proposed raise for Pinchuk, the quarterly dividend and the financial plan for 2001? Regarding the credit policy for Ukranian distributors, Oleg argues that this process is profitable for the company. Actually, Ex1 in the base case shows accou nts receivables in the Ukraine increased 30% from 1999 to 2000, and is projected to increase for the next 2 years (50% then 30% based on the previous year). Having a large amount of money tied up in receivables is risky.My idea will be short the payment to 40 days, pay in 10 days will have even bigger discount 3-4%, meanwhile, if the account can pay all the bill on time (40 days), can get annul bounce (tbd). For the investment, I will be more careful, Although the data should the growth of sale and assent is not hand in hand. But because of the high debt/equity ratio, I will be more careful on the investment, avoid to have too high debt. We can try to work together with one or two local disctributors (e. g. Kiev, Odessa) to have JV project.About the dividends, I will maybe go for 60% of earning, which mean 15% of the projected annual dividends for the quarterly pay. Just in case, if the actual data is not as good as predicted data, we still have enough cash to run the business. 6. S ome observation of Ex4. Profitability: low return Leverage: high risk (high debt) Asset utilization: receiveables growth rate high longer payment. Difference between sale growth and asset growth. Sale Growth is much higher than assent growth, need to consider investment. Liquidity: short term financial commitment. Quick ratio is too high.
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