Saturday, February 29, 2020

Antigone Essays - Antigone, Civil Disobedience, Creon, Oedipus

Antigone Sophocles' trilogy of Oedipus the King, Oedipus at Colonus, and Antigone is a powerful, tragic tale that examines the nature of human guilt, fate and punishment. Creon, Oedipus' uncle and brother-in-law, is the story's most dynamic character. His character experiences a drastic metamorphosis through the span of the three dramas. Creon's vision of a monarch's proper role, his concept of and respect for justice, as well as his respect for the design evolve considerably by the trilogy's tragic conclusion. In Oedipus the King (OK) , the audience is introduced to a Creon who seems to put loyalty to the king above all. He sympathizes with the tragic plight of King Oedipus and asserts no apparent ambition himself. His attitude toward the king is one of yielding and fulfilling reverence. Creon's notion of justice in OK stems directly from the divine. That which the gods have decreed must become law. It pains Creon to have Oedipus exiled, but he must do so as the gods have willed it. Creon's respect for divinity and prophecy seems to be his defining trait in OK. His attitude is one of unquestioning reverence. In Oedipus at Colonus (OC), one sees the beginning of Creon's decline. Creon has now come to occupy the throne that once belonged to Oedipus. It soon becomes apparent that his vision of the proper role of a king has changed to accommodate his new-found position. The emphasis shifts from that of a king who must rule wisely to one who must rule unyieldingly. The kingship becomes a selfserving instrument for Creon in his attempt to secure the return of Oedipus and the good fortune prophesied to accompany him. Creon's notion of justice is severely distorted in OC. He becomes monomaniacal - conducting his affairs with tyranny and belligerence. For example, he threatens to harm Oedipus' daughters if the blind beggar does not return to Thebes. His view of rightness and fairness is no longer in line with that of his subjects. In OC, Creon still retains some respect for divine prophecies. These have after all motivated his desire to return Oedipus to Thebes. Antigone reveals the ultimate extent to which Creon's character deteriorates. His transformation completes itself; he has become an unreasonable tyrant. Creon can no longer be called a king. He has become a despot. There is absolutely no justice to be found. Violence and threats of violence are the tools by which he rules. For example, his senseless threats to an innocent sentry reveal the true extent of his loss of reason. Creon has distorted the proclamation against Polyneices' burial, which was originally intended to foster Theban unity, into a display of rashness and incompetence. There is no mention of the gods and their intentions on Creon's behalf in Antigone. He has been so far destroyed by his own power as to dismiss the divine will that he originally thrived on.

Thursday, February 13, 2020

Principles of Finance Essay Example | Topics and Well Written Essays - 2000 words

Principles of Finance - Essay Example The composition and determination of the perfect capital structure has been an integral subject of research in corporate finance. The Nobel Prize winner theorem presented by Modigliani and Miller is the cornerstone of capital structure in today’s world. The crux of the theory is that under an effective market where there are no taxes, insolvency costs, agency costs, and asymmetric information, the value of a business is not established by sources of finance (Modigliani and Miller). They advocated that under perfect market condition, without any friction, the capital structure of the company does not influence its market value. Therefore, it is irrelevant whether an entity finances its capital by issuing shares or raising debt and the like ways. Similarly, an entity’s dividend policy is immaterial. Owing to these factors, this thermo is also termed as capital structure irrelevance principle. For instance, suppose there are two firms which are similar in every way except for their capital structures. One firm is financed merely through equity and the financial structure of the other one comprises of both, equity and debt (Miller). According to the ‘capital structure irrelevance principal’, both companies will carry the same worth. ... He went on to elaborate, â€Å"The Modigliani—Miller proposition says that if there were no costs of separation (and, of course, no government dairy support program), the cream plus the skim milk would bring the same price as the whole milk†. The heart of this analogy was that expanding debt (cream) diminishes the worth of existent equity (skimmed milk). If secure cash flows are sold to debt holders, the firm will possess lesser worth equity; hence, the aggregate worth of the firm will remain unaltered. In other words, the gain from what appears cheaper debt is set off against the riskier and more expensive equity. Thus, the constitution of capital from debt and equity would be futile, given a certain quantity of aggregate capital. This is because the weighted average for any possible compositions of the two finance alternatives to the firm will remain unaffected. However, the condition of perfect condition is restricted to theorems so businesses in the real world are n ot subject to this environment. In addition, it is extremely rare for the capital structure of a company to be completely based on debt. Myriad arguments have emerged in opposition to Modigliani—Miller theorem; these accentuate taxation, agency costs, insolvency, equity dilution, credit rationing, conflicting interest of management etc. Modigliani and Miller recommended for firms to have a certain borrowing ability in case of an economic upheaval. Taxes The most evident drawback of the Modigliani—Miller theorem is the supposition the subtraction of interest and corporate taxation. Under most financial frameworks, tax cannot be computed until the deduction of interest owed to debt holders from the corporate profits. Therefore, the amount of corporate tax not charged serves as a subsidy based on

Saturday, February 1, 2020

Planet feedback Assignment Essay Example | Topics and Well Written Essays - 500 words

Planet feedback Assignment - Essay Example For example, in the top five comments, the trending is associated with faulty products and customer value. Customers could actually forward these concerns to customer service department, especially that all of them are actually negative comments about the products and services Dell offered to its prospective and potential customers. In the case of some concerns about faulty products, based on the top five letters, a customer tries to bring the topic about defective product that is cheaply made and comment on expensive repair for it. As a result, the customer has come to decide buying another brand in the future. At the last part of the letter, the customer tries to recommend and address it to the company not to make their products so cheap and even to apply them better warranty. The customer also has a preconceived idea, those products that are cheap and with no better warranty must have come from China or made in there. This is a negative feedback on the part of Dell and remarkably needs serious response on the part of the management. The mentioned concern of this specific customer possibly threatens the kind of image Dell would create in the market. This would eventually try to make possible customer erosion or even loss of chance of purchase on Dell’s product offerings from those who are still searchi ng for the best brand. They are the ones most likely looking for the best brand feedback as they would want to maximize the value for their money. So this is actually the next concern of the other letter sent to Dell at Planetfeedback. Another customer expresses bad experience with Dell products. This customer seems to have high level of loyalty for Dell brands from the start. This customer used to patronize Dell’s offerings for four years, but not until having bad purchase with defective product. This fails the customer’s expectation, leaving the idea it is not worth to buy products from Dell again. The bottom line of this