Monday, December 23, 2019

Marc Chagall s Over Vitebsk - 1215 Words

Jasmine Walthall Erik Day Art Appreciation 22 April 2015 Marc Chagall’s Over Vitebsk Most artist art work reflects the artist’s inner self, their feelings and thoughts about the world around them. Art is a way for artists to let whatever is in, out. It is also a way for them to show his or her inner thoughts and feelings about something to the rest of the world. Whether it be Upton Sinclair showing the world the nastiness of the meat packing industry and the struggles of the low class immigrants of America through his book The Jungle or how Taylor Swift express all of her heartbreak in every song she has recorded, art serves the purpose of conveying the artist’s thoughts and emotions. Marc Chagall’s painting is no different than any other artist. He is expressing his feelings through a work of art. Over Vitebsk gives us a look into his thoughts and inner most feelings. He expresses his thought and feeling about being Jewish and how Jewish people were treated in his society at this time period. His painting and better and holds more meaning then Taylor Swift but she was one of the first people to come to mind. His painting, Over Vitebsk, allows us, the viewers, to interpret and try to understand these thoughts and feelings, to attempt to see what he intended us to see, and allows us a glimpse into his inner self. Over Vitebsk concentrates on the subject matter of the Jewish community and how they were viewed in society. By painting the image of a floating Jewish man inShow MoreRelatedCase Study, Marc Chagall1973 Words   |  8 Pagesartist you have studied this year. Refer to work done by this artist to substantiate your statements. Marc Chagall was a Russian/French artist who was born into a poor family of Hassidic Jews on the 7th July 1887. Throughout his working life he was based in Russia from 1906-1910, then he moved to France for four more years before moving back to Russia and Soviet Belarus for eight years. Chagall was strongly influenced, but not limited to, movements such as Cubism, Fauvism and Surrealism. These movementsRead More Marc Chagall Essay1399 Words   |  6 PagesMarc Chagall Marc Chagall as an artist and as a person cannot be categorized. He was born in Vitebsk, Russia, learned to paint in St. Petersburg and lived in Paris, Berlin, and the United States. His career is influenced by many different factors. His Hasidic Jewish upbringing reflected in the content of his paintings greatly. The lyrical fairy tales of Jewish mysticism, the stories of the Bible, and the Rabbis and scholars who surrounded him in his childhood come out onto his work. When he went

Sunday, December 15, 2019

Statement of Ethics Issue Free Essays

Oct 20 2012 Oct 20 2012 ACCT 3121 Instructor: Ms. Julie Chenier ACCT 3121 Instructor: Ms. Julie Chenier | Written Assignment| | Student: Yichen Chen| | Written Assignment| | Student: Yichen Chen| To: Manufacturing Manager From: Becky Knauer Date: Oct 20 2012 Subject: Action of Ethnic Issue for Mueller Imports Dear Officer, My name is Becky Knauer, the new controller in Mueller Imports. We will write a custom essay sample on Statement of Ethics Issue or any similar topic only for you Order Now Being selected as an experienced automotive professional to join such a huge management team, I aim at using my objective view and competency in addition to all available sources to best assist the organization. Recently, while managing the financial statement, I realized there are several transactions that are susceptible for ethical issue. A $5000 monthly invoice billed from the jeweler was personally approved as â€Å"selling expense† by the company’s owner Frank Mueller. My investigation exposes that the red flag involves significant fraud: 1. The periodic watch offering to regional sales managers and other sales exclusives indicates the bribery. By receiving expensive rewards from Mr. Mueller, sales exclusives give biased car distribution to dealers. 2. The invoice billed by a local jeweler reveals the probability of collusion. Because the watch seller does not bill the transaction as a regular sale but explained it as a â€Å"miscellaneous service†, the jeweler has the high incentive to set the underground agreement with Frank Mueller. I suspect the indirect service charge conceals this fact. 3. The false financial statements presented by Mr. Mueller reveal the misrepresentation. Mueller’s action violates the policy of segregation of duties by overriding his right to authorize the controllable cost. His statement of this expenditure â€Å"selling expense† overstates the expense and understates the net income as well. He indirectly gains comparative advantages from the transaction called into question. Frankly, in the supply shortage market, the substantial sale and high profit goal are pushing the upper level management into a dilemma. It seems that the fraud is initiated by the owner Frank Mueller, regional sales managers, and other involved exclusives, trying to gain personal interests by committing the fraud. Even though the outstanding sales can bring in large profits for Mueller Imports in the short term, the significant performance will be reevaluated and disclosed to the public. Consequently, all individuals within the organization and third parties committing to fraud will receive their deserved penalties. In addition, if Mueller Imports announces bankruptcy, employees who are innocent from the fraudulent activities will also suffer unemployment. According to Tom York (Segregation of Duties, 22), engaging in corrupt practices creates a very unfavorable business environment by encouraging unfair advantage and anti-competitive practices. As a controller within the company, I have the right to establish the monitoring plans for internal controls to ensure that funds are expended and recorded appropriately on the financial report (Controller Job Description, 10). Referring to the IMA’s Statement of Ethical Professional Practice, the issue should be discussed with the higher level of supervisor or management who is not involved in the issue. Since the fraud is committed by the the top level of the organization, it is inappropriate to submit the issue to any level within the organization. However, it is impractical to hands-off because the activity of committing to the fraud which violate the code of ethnic. If I do nothing, I will be drawn into the concealment of fact as well. As far as I am concerned, it is not wise to fight the unethical issue with the upper level management, nor do I want to build a hostile relationship with the people of Mueller Imports. The most viable actions are: 1. Gather enough potential fraudulent statements, 2. Take an investigation of sale managers’ life activities 3. Carefully evaluate the control system. After gathering substantial evidence, I would like to initiate a confidential discussion with you as well as the IMA ethnic advisors. In accordance with code of ethics (IMA Statement of Ethical professional Practice, Page 1), I will provide objective information and concerns to the appropriate business associates in the confidential manner. Following the guidance of the code of ethics, I want to utilize my professional skills supported by the appropriate authority to address the issue. Your responses and concerns will be very important to deal with the issue. I hope it can be solved in a professional manner resulting the in the car market returning to a fair and healthy state in the long run. I am looking forward to hearing from you. Sincerely, Becky Knauer Work Cited: Controller / Business Manager Job Description http://autocareersjobs. com/automotive-dealership-job-descriptions/controller-business-manager-job-description/ The Association for Accountant and Financial Professionals in Business, IMA Statement of Ethical Professional Practice, www. imanet. org York, Tom, Segregation of Duties, UNC Charlotte, internalaudit. uncc. edu/sites/internalaudit†¦ /SegregationofDuties. pdf How to cite Statement of Ethics Issue, Essay examples

Saturday, December 7, 2019

Herman Melville A Biography And Analysis Essay Example For Students

Herman Melville: A Biography And Analysis Essay Herman Melville: A Biography And AnalysisThroughout American history, very few authors have earned the right tobe called great. Herman Melville is one of these few. His novels and poemshave been enjoyed world wide for over a century, and he has earned hisreputation as one of the finest American writers of all time. A man of toweringtalent, with intellectual and artistic brilliance, and a mind of deep insightinto human motives and behavior, it is certainly a disgrace that his truegreatness was not recognized until nearly a generation after his death. Born in the city of New York on August 1, 1819, Melville was the thirdchild and second son of Allan Melvill(it wasnt until Allans death in 1832 thatthe e at the end of Melville was added, in order to make a more obviousconnection with the Scottish Melville clan), a wholesale merchant and importerthen living in comfortable economic circumstances, and of Maria GansevoortMelvill, only daughter of the richest man in Albany, the respected andwealthy General Peter Gansevoort, hero of the defense of Fort Stanwix during theAmerican Revolution. In total, Allan and Maria had eight children. On his fathers side, his ancestry, though not so prosperous as on his mothers, was equallydistinguished. Major Thomas Melvill, his grandfather, was one of the Indiansin the Boston Tea Party during the events leading to the war and who had thenserved his country creditably throughout the hostilities. The Melvill familykept on their mantelpiece a bottle of tea drained out of Major Melvills clothesafter the Te a Party as a momento of this occasion. Herman attended the New York Male High School from about the age ofseven until 1830. By that time, Allan Melvills business had begun to fail, dueto his credit being overextended. After futile attempts to re-establish himself,he eventually found it necessary to accept the management of a New York furcompany back in Albany. The family moved there in the autumn of 1830, and duringthat time Herman attended, along with his brothers Gansevoort and Allan, theAlbany Academy. Just as luck seemed to again be favoring the Melvills, Allansbusiness affairs again suffered a setback. Excessive worry and overwork finallytook their toll upon his health. By January, 1832, he was both physically andmentally very ill. On January 28, 1832, Allan Melvill died. The shock of hisfathers financial collapse and his tragic death only slightly more than a yearlater took its toll on Hermans emotions. He was to draw upon this memory twodecades later in his writing of Pierre. In order to support the family, Herman took a position as an assistantclerk at a local bank, and his brothers Gansevoort and Allan took over theirlate fathers fur business. Possibly because of his mothers concern over hishealth, Herman left his position at the bank in the spring of 1834 and spent aseason working for his Uncle Thomass farm near Pittsfield. During the winter months of early 1835, Herman left Pittsfield andjoined his brothers in the fur business. Now fifteen and a half, he kept thebooks of the firm for the following two years. At some time during this periodhe enrolled as a student in the Albany Classical School. He also became ammember in the Albany Young Mens Association, a club for debating and reading,of which his brother was already a member. Such clubs, in absence of publiclibraries, were popular in many cities and served a most useful educationalpurpose. Within a year or two of education at the Albany Classical School, hehad become qualified as a school teacher. He left his brothers at the nowfailing fur company and became a teacher at a one-room schoolhouse outside ofPittsfiesd. On his first day of the new job, the inexperienced teacher wasconfronted with thirty students of all ages and levels of skill. Some were hisage, and a few utterly illiterate. In such extreme conditions Herman found ithard to maintain discipline, let alone teach. After six weeks, he gave up andreturned to Albany. For a few months, Herman looked for work without success. His leisurehours, though, were filled with excitement. Early in 1838 he organized adebating club and promptly got into a dispute over the presidency of the clubwith a rival member, which he eventually won. Before long, Maria Melvill was forced to admit that she could no longerafford to live in Albany. Faced with the prospect of having to constantly askher brother Peter for money, she finally decided to move her family toLansingburgh, a village not far from Albany near the Hudson River. Herman was in a difficult and unhappy position. Although he was almosttwenty years old, he was not contributing to the familys income and feltashamed. At the same time, he was unable to decide on a career or event settledown to a job. Perhaps because he remembered the stories of his uncle and twocousins who had gone to sea, Herman decided to try his own fate at sea. He askedhis brother Gansevoort to look for a ships berth for him, and almostimmediately, he was hired as a crewman aboard the St. Lawerence, a three mastedship that was preparing to cross the Atlantic from New York City to Liverpool,England. Shakespearean Comedies: Comparisions and Contrasts EssayMelville, eager to see the family he missed so, returned to Lansingburghwhere his mother still resided. His family was fascinated with his glorioustales of his journeys at sea; so much so that Hermans brother Thomas set sailhimself. Unfortunately, Herman was in the same situation in which he was beforethese adventures unemployed. He believed that if he put his stories on paper,he would find a publisher, and the vexing question of his career would beanswered he would become a writer. As he sat in his mothers house to write his first novel, Melvilleturned to the part of his South Seas adventure about which everyone was mostcurious: his stay among the cannibals. The story was his own, certainly, butin writing Typee, Melville established a habit that would follow throughout hiscareer. Hi used his own experiences as the skeleton of the book and fleshed outthe details with his own imagination. In Typee, he wrote about his escape from awhaling vessel with Toby, and renamed the ship the Dolly rather than theAcushnet. He also changed their departure, which in reality he was never in anyreal danger, to one of great heroics as they escaped from a horrible fate. Inaddition, he lengthened their stay on the island from four weeks to a gruelingfour months. He did find a publisher, and Typee, his first book, was publishedin 1846. The following year, Melville met and fell in love with a woman namedElizabeth Shaw, and they were married on August 4, 1847. They bought a home inNew York City, where they would remain for the rest of their lives. Togetherthey would have two sons, Malcolm and Stanwix, born in 1849 and 1851,respectively. Also born to them were two daughters, Elizabeth and Frances, in1853 and 1855. In 1851, the same year as the birth of his second son, Melville has hismost famous work published, Moby Dick, or, The Whale. Between the release ofTypee and Moby Dick, Melville wrote other books of lesser notoriety. Omoo (1847),a book about his stay in Tahiti; Mardi (1849), Redburn (1849), about his timespent in Liverpool, and White Jacket (1850). Moby Dick, as most people know, is the story of Captain Ahab and hisquest, which eventually becomes and obsessive monomania, to kill the great whitewhale Moby Dick. Today, Moby Dick is universally recognized as both Melvillescrowning achievement and a towering classic of American literature. The verything that bothered so many people when it was published the fact that itbroke the rules of writing and did so with such gusto is now seen as thesource of its power. Today, writers who mix genres or who create unique voicesand styles are admired. Thus Moby Dick is now regarded, not as a failed searomance or mixed up adventure story, but as a triumph of creative imagination,an example of how vast and all-embracing a book can be. Along with Mark TwainsHuckleberry Fin and Walt Whitmans Leaves of Grass, Moby Dick is considered acandidate for the greatest American novel. However, as aforementioned, hisgreatness was not recognized at this time. Melvilles later works, Pierre (1852), The Piazza Tales (1856), TheConfidence Man (1857), the poem Clarel (1876), and the post-mortumouslypublished Billy Bud (1924), went almost completely unnoticed until the early1920s, when a student of literature named Raymond Weaver approached theMelville family and was given permission to examine the papers Herman leftbehind in a tin box after his death. It was here Billy Bud was first discoveredand later published, which introduced a whole new generation to Melvilles work. Soon critics, students, and the general public were reading his novels andstories, and greeting some of them as masterpieces. In 1927, American novelistWilliam Faulkner declared that Moby Dick was the book he most wished he hadwritten. Knowing the quality of his work, one can not help but feel sympatheticto Melvilles passing. He died on September 28, 1891 in his home in New YorkCity, still unknown by the general public. If any writer deserved to berecognized and praised during their lives, Melville is that writer. Althoughunfortunate that his passing went almost unnoticed by the public, he is now andjustly so, an immortal in the annals of American literature, and his work willbe looked upon with both admiration and envy for many years to come. APPENDICESAny appendices should appear after the text of your term paper. BIBLIOGRAPHYUse the Bibliography TaskWizard to help you quickly and easilycreate a bibliography for your paper. Pick the same style as your footnotestyle.

Saturday, November 30, 2019

Sweatshops And Disney Essays - Anti-corporate Activism,

Sweatshops And Disney Consumers can play an important role in closing sweatshops, and they have a right to know what companies are using sweatshops to produce their product there are simple steps consumers can take to help fight against the use of sweatshops. Right now many famous companies are using sweatshops readily to save money. However, ironically, the companies that use them are the companies that can afford to spend the extra money for regular labor. Some of these name brand companies include; Nike, Disney, Kathie- Lee Gifford, Gap, Liz Claiborne, Ralph Lauren, and Wal-Mart. Many people have no idea that these companies are using sweatshops. Disney for example is a very well known company. No one would ever expect that their favorite childhood Disney memory could have been created through sweatshops and child labor. Disney is just one of the many well respected, loved companies with dark secrets. It is hard to believe as a consumer that a company that consumers have grown to trust and love uses such forced labor, with underaged sweatshop employees making consumers favorite characters come to life. Well, Peter and Rochelle Schweizer makes it clear that it could be a possibility: ? The face of Disney the manufacturer is not a pretty one. All too often Disney clothes, toys, and trinkets are made by child laborers. Disney licensees have been caught using child labor on three continents? (245). Many other companies are practicing the same type of labor policies without consumers's knowledge. If companies feel that sweatshops are a decent and fair way of doing business and have no problems with continuing to use them, they should at least make these reasons public and confront their consumers's concerns. They should let their consumers know why they choose to conduct their business in this manner. Consumers would then have the real information on the product that they choose, and not only what the company wants them to Mueckler 2 know. Consumers would then be able to base their product choice on work place conditions as well as the over all product information. Some companies's use of sweatshops have been made public. Kathie-Lee Gifford's designer clothes company for example was widely evident in the news in 1996. Gifford was shocked when she heard of the sweatshop conditions her company was using. Since this Gifford has been involved in organizing the Apparel Industry Partnership with the U.S. Department of Labor. This organization tries to crack down on the use of child labor. This is one example of where the public influenced a company to change its policies. This gives hope that with consumer support other companies can be influenced in similar ways. Disney, however, has not been so noteworthy in their efforts. Disney licensees go out of their way to bring their company to countries such as Burma, where the practice of child labor is a normal everyday event, and they exploit this to create their product as cheaply as possible. Schweizer explains how remote the locations that Disney licensees use, ? For years Disney licensees were manufacturing in a country few Americans could locate on a map. Burma- also known as Myanmar, the name given it by the ruling military junta- is a poverty - stricken nation wedged between India, China, and the lush mountains of Thailand.? (251). This is an ideal location because so few people are aware of it. This makes it easy for the Disney licensees to continue their business without being detected. Another insight to Burma is that drug lords hold great power and are protected by the government. Disney licensees had to get the permission to have sweatshops in Burma from these drug lords. This shows how the drug lords are the ones with the power in Burma. First companies must win the respect of these drug lords before they are able to work there. ? Burma's attraction as a manufacturing site is obvious: ultracheap labor.? (252). Mueckler 3 When consumers and human rights groups along with labor organizations took action in 1996, they did get a response from Disney. The National Labor Committee and other organizations together made Disney's involvement in Burma public with the Free Burma Campaign. Disney denied these claims. They pretended they had no involvement in Burma. They knew how the negative public announcement would hurt the company, which is the major reason why companies hide the facts from the consumers. Schweizer explains that many other respectable companies have volunteered to monitor their working conditions,

Monday, November 25, 2019

General P.G.T. Beauregard in the Civil War

General P.G.T. Beauregard in the Civil War General P.G.T. Beauregard was a Confederate commander who played a central role in the opening months of the Civil War. A native of Louisiana, he saw service during the Mexican-American War and, in 1861, received command of Confederate forces in Charleston, SC. In this role, Beauregard directed the bombardment of Fort Sumter which opened hostilities between the Union and Confederacy. Three months later, he led Confederate troops to victory at the First Battle of Bull Run. In early 1862, Beauregard helped lead the Army of Mississippi at the Battle of Shiloh. He career stalled as the war progressed due to his poor relationship with the Confederate leadership. Early Life Born May 28, 1818, Pierre Gustave Toutant Beauregard was the son of Jacques and Hà ©là ¨ne Judith Toutant-Beauregard. Raised on the familys St. Bernard Parish, LA plantation outside of New Orleans, Beauregard was one of seven children. He received his early education at series of private schools in the city and spoke only French during his formative years. Sent to a French school in New York City at age twelve, Beauregard finally began to learn English. Four years later, Beauregard elected to pursue a military career and obtained an appointment to West Point. A stellar student, the Little Creole as he was known, was classmates with Irvin McDowell, William J. Hardee, Edward Allegheny Johnson, and A.J. Smith and was taught the basics of artillery by Robert Anderson. Graduating in 1838, Beauregard ranked second his class and as a result of this academic performance received an assignment with the prestigious US Army Corps of Engineers. In Mexico With the outbreak of the Mexican-American War in 1846, Beauregard gained an opportunity to see combat. Landing in near Veracruz in March 1847, he served as an engineer for Major General Winfield Scott during the siege of the city. Beauregard continued in this role as the army commenced its march on Mexico City. At the Battle of Cerro Gordo in April, he correctly determined that the capture of La Atalaya hill would allow Scott to force the Mexicans from their position and aided in scouting routes into the enemy rear.  As the army neared the Mexican capital, Beauregard undertook numerous dangerous reconnaissance missions and was brevetted to captain for his performance during the victories at Contreras and Churubusco. That September, he played a key role in crafting the American strategy for the Battle of Chapultepec. Battle of Chapultepec. Photograph Source: Public Domain In the course of the fighting, Beauregard sustained wounds in the shoulder and thigh. For this and being one of the first Americans to enter Mexico City, he received a brevet to major. Though Beauregard compiled a distinguished record in Mexico, he felt slighted as he believed that other engineers, including Captain Robert E. Lee, received greater recognition. Fast Facts: General P.G.T. Beauregard Rank: GeneralService: US Army, Confederate ArmyBorn: May 28, 1818 in St. Bernard Parish, LADied: February 20, 1893 in New Orleans, LANickname: Little Frenchman, Little Napoleon, Little CreoleParents: Jacques and Hà ©là ¨ne Judith Toutant-BeauregardSpouse: Marie Laure Villerà ©Conflicts: Mexican-American War, Civil WarKnown For: Battle of Fort Sumter, First Battle of Bull Run, Battle of Shiloh, and the Battle of Petersburg Inter-War Years Returning to the United States in 1848, Beauregard received an assignment to oversee the construction and repair of defenses along the Gulf Coast. This included improvements to Forts Jackson and St. Philip outside of New Orleans. Beauregard also endeavored to enhance navigation along the Mississippi River. This saw him direct extensive work at the rivers mouth to open shipping channels and remove sand bars. During the course of this project, Beauregard invented and patented a device dubbed a self-acting bar excavator which would be attached to ships to aid in clearing sand and clay bars. Actively campaigning for Franklin Pierce, whom he had met in Mexico, Beauregard was rewarded for his support after the 1852 election. The following year, Pierce appointed him superintending engineer of the New Orleans Federal Customs House. In this role, Beauregard helped stabilize the structure as it was sinking into the citys moist soil. Increasingly bored with the peacetime military, he considered departing to join filibuster William Walkers forces in Nicaragua in 1856. Electing to stay in Louisiana, two years later Beauregard ran for mayor of New Orleans as a reform candidate. In a tight race, he was defeated by Gerald Stith of the Know Nothing (American) Party.   The Civil War Begins Seeking a new post, Beauregard received aid from his brother-in-law, Senator John Slidell, in obtaining an assignment as the superintendent of West Point on January 23, 1861. This was revoked a few days later following Louisianas secession from the Union on January 26. Though he favored the South, Beauregard was angered that he was not given a chance to prove his loyalty to the US Army. Leaving New York, he returned to Louisiana with the hope of receiving command of the states military. He was disappointed in this endeavor when overall command went to Braxton Bragg. Turning down a colonels commission from Bragg, Beauregard schemed with Slidell and newly-elected President Jefferson Davis for a high post in the new Confederate Army. These efforts bore fruit when he was commissioned a brigadier general on March 1, 1861, becoming the Confederate Armys first general officer. In the wake of this, Davis ordered him to oversee the escalating situation at Charleston, SC where Union troops refused to abandon Fort Sumter. Arriving on March 3, he readied Confederate forces around the harbor while attempting to negotiate with the forts commander, his former instructor Major Robert Anderson. Fort Sumter after its capture by the Confederates. Photograph Courtesy of the National Archives Records Administration Battle of First Bull Run On orders from Davis, Beauregard opened the Civil War on April 12 when his batteries began the bombardment of Fort Sumter. Following the forts surrender two days later, Beauregard was hailed as a hero across the Confederacy. Ordered to Richmond, Beauregard received command of Confederate forces in northern Virginia. Here he was tasked with working with General Joseph E. Johnston, who oversaw Confederate forces in the Shenandoah Valley, in blocking a Union advance into Virginia. Assuming this post, he began the first in a series of squabbles with Davis over strategy. On July 21, 1861, Union Brigadier General Irvin McDowell, advanced against Beauregards position. Using the Manassas Gap Railroad, the Confederates were able to shift Johnstons men east to aid Beauregard. In the resulting First Battle of Bull Run, Confederate forces were able to win a victory and rout McDowells army. Though Johnston made many of the key decisions in the battle, Beauregard received much of the acclaim for the victory. For the triumph, he was promoted to general, junior only to Samuel Cooper, Albert S. Johnston, Robert E. Lee, and Joseph Johnston. Sent West In the months after First Bull Run, Beauregard assisted in developing the Confederate Battle Flag to aid in recognizing friendly troops on the battlefield. Entering winter quarters, Beauregard vocally called for an invasion of Maryland and clashed with Davis. After a transfer request to New Orleans was refused, he was dispatched west to serve as A.S. Johnstons second-in-command in the Army of Mississippi. In this role, he took part in the Battle of Shiloh on April 6-7, 1862. Attacking Major General Ulysses S. Grants army, Confederate troops drove back the enemy on the first day. General Albert S. Johnston. Library of Congress In the fighting, Johnston was mortally wounded and command fell to Beauregard. With Union forces pinned against the Tennessee River that evening, he controversially ended the Confederate assault with the intention renewing the battle in the morning. Through the night, Grant was reinforced by the arrival of Major General Don Carlos Buells Army of the Ohio. Counterattacking in the morning, Grant routed Beauregards army. Later that month and into May, Beauregard squared off against Union troops at the Siege of Corinth, MS. Forced to abandon the town without a fight, he went on medical leave without permission. Already angered by Beauregards performance at Corinth, Davis used this incident to replace him with Bragg in mid-June. Despite efforts to regain his command, Beauregard was sent to Charleston to oversee the coastal defenses of South Carolina, Georgia, and Florida. In this role, he blunted Union efforts against Charleston through 1863. These included ironclad attacks by the US Navy as well as Union troops operating on Morris and James Islands. While in this assignment, he continued to annoy Davis with numerous recommendations for Confederate war strategy as well as devised a plan for a peace conference with the governors of the western Union states. He also learned that his wife, Marie Laure Villerà ©, died on March 2, 1864. Virginia Later Commands The following month, he received orders to take command of Confederate forces south of Richmond. In this role, he resisted pressure to transfer parts of his command north to reinforce Lee. Beauregard also performed well in blocking Major General Benjamin Butlers Bermuda Hundred Campaign. As Grant forced Lee south, Beauregard was one of the few Confederate leaders to recognize the importance of Petersburg. Anticipating Grants attack on the city, he mounted a tenacious defense using a scratch force beginning on June 15. His efforts saved Petersburg and opened the way for the siege of the city. As the siege began, the prickly Beauregard fell out with Lee and ultimately was given command of the Department of the West. Largely an administrative post, he oversaw the armies of Lieutenant Generals John Bell Hood and Richard Taylor. Lacking manpower to block Major General William T. Shermans March to the Sea, he was also forced to watch Hood wreck his army during the Franklin-Nashville Campaign. The following spring, he was relieved by Joseph Johnston for medical reasons and assigned to Richmond. In the final days of the conflict, he traveled south and recommended that Johnston surrender to Sherman. Later Life In the years after the war, Beauregard worked in the railroad industry while living in New Orleans. Beginning in 1877, he also served for fifteen years as a supervisor of the Louisiana Lottery. Beauregard died on February 20, 1893, and was buried in the Army of Tennessee vault at New Orleans Metairie Cemetery.

Friday, November 22, 2019

Advantage And Disadvantages Of Dividend Payout Policy Finance Essay

Advantage And Disadvantages Of Dividend Payout Policy Finance Essay When a company has a surplus of profit, it can be used either pay back the shareholders or reinvest into the business. The way that company pay back to shareholders is call dividend payout. In the recent years, the number of companies paying dividends has declined. For example, the PSEG Company in the United State, the payout ratio was about 67% in 2004 and fallen to 45% by 2007.Shows in the graph below: (http://www.pseg.com/index.jsp) This essay will mainly discuss the advantage and disadvantage about the dividend-paying. What are dividends? Dividends are payment made by corporation to the shareholders. Dividends come from the profit earned by company. There are two ways where company spends the surplus of profit, one is to reinvest to the business and the other is to pay back to the shareholders as dividends. The companies who pay dividends are usually taking no benefit if the reinvest the surplus profit back into the business, under this condition dividends are chosen to pay to t he shareholders, which is call payout. The forms of dividends are variable. The most common one will be the made by cash, which is the most common method of sharing corporate profits with the shareholders of the company. The second one is the stock dividends that is paid in form of additional share and it is counted by proportion, for example, if the shareholder owns 100 shares of the stock with 5% stock dividends, the shareholder can gain 5 more shares. Others like property dividends are taken as dividends payout as well. Advantage of dividend payout policy There is certain amount of people of the rightist position state that company pays a high dividend payout is important for investors for the reasons that paying dividends can convince the shareholders about the company’s financial well-being. The higher rate of dividends payout shows better the company operating as well as larger number of profit, which might attracts the investors. Dividends are also attractive for the i nvestors who want to get the stable current income easily. à ¢Ã¢â€š ¬Ã…“There is also a natural clientele of investors, such as the elderly, who looking to their stock portfolios for a steady source of cash to live onà ¢Ã¢â€š ¬Ã‚  (P456, Richard, 2008). In principle, the shareholders could sell a part of the shares to gain money even if the company does not pay dividends, but it is more convenience for the investors to get the money if companies pay the dividends by checks. In this case, the payout policy of cash dividends will reduce the cost of transaction as well as the inconvenience for the shareholders selling the shares. In addition, the long-term stable dividends payouts could help the company less affected by the changes of the dividends. Those companies with long history of stable dividends will be less influenced if the dividends decrease, but will be positively affected when dividends payout increases or even dividends stay the same level. Furthermore, companies with out a dividend history are generally viewed favorably when they declare new dividends. The dividends announcement has resulted in a 4% rise of the stock price according to the dividend initiations studied by Healy and Palepu (P448, Richard, 2008).

Wednesday, November 20, 2019

Performance Management For a Profit Organization Thesis

Performance Management For a Profit Organization - Thesis Example This section summarizes the study or the convenience of the readers. The first section of the study is the introductory part which includes a background of performance management and its external and internal factors. The external factors which affect performance management are share prices, environment of the market, competition, reputation, regulatory environment, etc. On the other hand the internal factors are the employees, management, labor unions, suppliers, etc. The performance management techniques and produces utilized by profit-making organization are effective or non-effective would be identified through the research that is done in this study. The critical review of the literature contradicted the stated problem of this research. The problem was that the current performance management procedure or practices are not effective. However, the critical review of literature has been put forward to prove the fact that the present performance management frameworks in profit-making organizations are proving to be effective. The literature review has been streamlined with research objectives and problem areas in order to find an effective solution. The traditional performance management framework was based on remuneration and financial performance of the company. The employees, their skill, and performance appraisal was planed based on their last drawn salary of the individual. However, this scenario has changed now. The performance, productivity, creativity, skill, and enthusiasm of the employees to contribute towards the sustainability of the company are taken into account in case of performance management as well as performance appraisal. Training and development are very effective in such case because the low performing employees are not punished, but they are given the opportunity to enhance their skill and knowledge, so that they can also pull themselves up. In the research methodology part it has