Sunday, May 24, 2020

Surrogates the Movie - 1543 Words

Surrogates: â€Å"Look at yourselves, unplug from your chairs, get up, and look in the mirror what you see is how God made you we’re not meant to experience life through a machine.† This seems to be the moral of this movie in the year 2017 and takes place in Boston, MA. Bruce Willis plays an FBI detective named Tom Greer working on a very mysterious murder of a young man who is the son of a prominent inventor. A news style montage opens the movie and provides you with the fundamental basis for the movie. The viewer learns that the technology of Surrogates took 14 years to develop into the everyday application as it would be depicted in the film. The surrogate project started as a way to help the disabled experience life in a way that†¦show more content†¦It was originally founded by Dr. Canter but due to differences in philosophy he was removed as President of the company but remained a beneficiary of the profits from the sale of surrogates. The excitement builds as Tom pursues the investigation and gets closer to figuring out the conspiracy. So far he has learned that a Human Coalition member murdered the son of a Dr Canter and that the target was actually Dr Canter himself but because his son used a surrogate belonging to Dr Canter the murderer thought that he was killing him but accidentally killed his son. The military in cooperation with VCI developed a weapon that would overload surrogates and shut them down in an effort to quickly win battles without casualties. A major problem was discovered with the weapon during its initial tests and it had unintentionally killed the operators of the surrogates. The weapon was ordered to be destroyed and of the 5 that were created only 4 were actually destroyed and one remained. The military did not know who had the remaining weapon but an assumption must be made that VCI had the weapon and somehow it had fallen in to the hands of the Human Coalition who were bent on the murder of Dr C anter for creating this new society that is an abomination. Tom reveals to the military that when he was in the Human Coalitions Boston reservation he knew the weapon was there and in theShow MoreRelatedThe Communication Barrier Is A Central Part Of Spike Jones Movie1198 Words   |  5 Pagesmisconceiving the ideas or intent of the other person. It is also harder for anyone communicating without seeing the other person to tell if their conversation partner is lying. This communication barrier is a central part of Spike Jones’ movie Her. Throughout the movie the main character Theodor Twombly or Theo for short played by Joaquin Phoenix and his operating system named Samantha voiced by Scarlett Johansson develop and very complex and intimate relationship. The ability of Samantha and Theo toRead MoreTechnology : Are Our Attachments Too Strong?1671 Words   |  7 PagesTechnology: Are Our Attachments Too Strong? â€Å"I’m yours and I’m not yours.† These six words changed the movie, her, directed by Spike Jonez, into a much different perspective. When Samantha says these things to Theodore, his heart breaks. Even though Theodore knew, subconsciously, Samantha would never be completely real; she was always real to him. He fell in love with an operating system, a piece of technology. Some people may say that it is okay for a person to have a relationship with an objectRead MoreThe Ethical Issues Of Procreation Essay1389 Words   |  6 Pagesour present day, there are numerous outlets and technologies people can take that can help assist them in creating an offspring. Whether it is intra-uterine insemination, which is conducted by sperm or egg donation, by in vitro fertilization or surrogate motherhood arrangements, there are different technologies in our present day people can choose when it comes to creating an offspring. What are these technologies and how do they work? Ethically, are these outlets and technologies the right thingRead MoreThe Science Fiction Tale The Last Question 1399 Words   |  6 Pagesthe ones he had written.) In it, billions of years into the future, humans will have placed their physical bodies in pods on an obscure planet, freeing their minds to control pure energy throughout the galaxy. Instead of surrogates made of steel and silicon, these surrogates are pure energy beings that can effortlessly roam the distant reaches of space, past exploding stars, colliding galaxies, and other wonders of the universe. But no matter how powerful humanity has become, it is helpless asRead MoreRelationship Between Sex And Sexual Relationships1146 Words   |  5 Pagesrelease from monotony that can develop in a steady relationship. For this type of arrangement to work, it is essential the couples determine guidelines that set up a structure of rules. Abiding by the agreed parameters will allow them to incorporate a surrogate into th e partnership so it is successful. Contrasting factions feel that sex with a stranger is just cheating with an excuse. The idea that sex with your partner should be the only sex required is a common belief among people against open relationshipsRead MoreThe Effects Of Polio On His Body2339 Words   |  10 PagesJournalism. He was a well-known writer and poet, and an advocate for people with disabilities. His life inspired several movies, one of which is The Sessions (Lewin, 2012). The Sessions premiered in 2012, and was directed and produced by Ben Lewin. The movie was based on autobiographical writings of O’Brien, where he spoke about, at the age of 38, becoming determined to lose his virginity. He couldn’t move most of the muscles in his entire body yet he was still able to achieve, and hold, an erection. UnableRead MoreEssay on Cloning1636 Words   |  7 Pagesunfortunately Noah died just two days after his birth from a bacteria infection. These scientists are playing the role of Mother Nature. A cow should only carry her own offspring, not that of an entirely different species. Imagine the confusion of these surrogate mother animals when their baby is unnaturally theirs. It’s not only a tragedy that this young guar had to die, but think about all of the trial runs and fetuses that were aborted or put to sleep because of physical or mental deformities. â€Å"The subjectRead MoreThe Blind Side By Michael Oher1023 Words   |  5 Page sterms than the larger-than-life Michael Oher. Where he came from was, in many ways, a living nightmare. But as the biographical film The Blind Side clearly illustrates, Michael Oher did a lot with what happens, doing so with the help of a surrogate family who refused to let the young man s early life dictate his future. Directed by John Lee Hancock, The Blind Side is based on a true story of a homeless African-American teenager, Michael Oher. Michael has never met his father and his motherRead MoreThe Island and Brave New World1430 Words   |  6 PagesShort introduction to the movie: The movie â€Å"The Island† takes place in the year 2019, where rich people can buy a â€Å"life-insurance† in form of a clone. The clones live separately under the earth in an old military site, where they have no acces to the real world. They have been told that they are the only survivors of a catastrophy that contaminated the whole world. They live separately under the observation of Dr. Merrick, the unscrupulous chief of the organisation. The clones are used for theirRead MoreThe Art Of Cinema As A Tool That Creates A Possible Platform For Social Commentary931 Words   |  4 Pagesaltogether. There are couples with children that they either adopted or created on their own with a surrogate or donor. Not acknowledging this furthers the otherization of homosexuality in the film while possibly making gay people seem selfish. By having Manga leave his mother in addition to Sori leaving his son and wife, they become selfish and careless individuals. Driving off at the end of the movie to their happy ending makes both of them seem irresponsible. This creates an implication that homosexuality

Monday, May 18, 2020

Biological Explanations of Homosexuality - 2341 Words

Biological Explanations for Homosexuality Katherine Callan Opening This paper is aimed to address the question of whether homosexuality is biologically based. This topic is quite relevant today because homosexuality is a huge civil rights issue which is also conflicting with the church s moral standards. While many religious bodies claim that homosexuality is a choice and a sin, many in the homosexual community have strongly refuted that claim, instead saying they were born this way and their sexual identity is not a choice for them. Currently one of the biggest debates regarding the rights of homosexuals is same sex marriage . If scientist are indeed able to show evidence that homosexuality is result of biologic or genetic†¦show more content†¦Researches conducted a longitudinal study in which behavioral development was being studied in these infants through birth through the age of six (Maccoby, Doering, Jacklin Kraemer 1979). Their main objective was to asses whether and or how a newborn s sex and birth order were related to hormones i n the umbilical chord blood. Five sex hormones were measured: progesterone, two estrogens (estrone and estradiol) and two androgens (testosterone and androstendione). The fist sample of infants consisted of 40 males and 35 females, the second consisted of 32 males and 42 females and the third consisted of 53 males and 54 females totaling to 256 newborns born between 1973 and 1974. Only infants with no complications during delivery (including caesarean births) and had an Apgar score of at least 7 were included in the samples. Right after delivery, and severance of the umbilical chord a sample of 12ml of blood was extracted and frozen for hormonal analysis. After the mother agreed to enter her child in the six year longitudinal study the frozen samples of blood were then later tested for for the five sex hormones of interest, Andrrostenedione ( 4-androstene, 17-dione), testosterone (17ÃŽ ²-hydroxy-4-androsten-3-one), estrone (3-hydroxy-1, 5 (10) -estratiene-3), 17 ÃŽ ²-diol), and es tradiol (1, 3,5 (10)-estratiene-3), 17ÃŽ ²-diol) were estimated in a laboratory by radioimmunoassay methods. ProgesteroneShow MoreRelatedThe Effects Of Prenatal Hormones On The Developing Fetus1510 Words   |  7 Pagesthe X chromosome. Though genetic tendencies for homosexuality may be passed from mothers to their children (Rahman Wilson, 2003). During human evolution, homosexuality was developed to minimize competition between males for a limited number of potential female mates (Schulling, 2004). A different possibility is that prenatal hormone levels influence the developing fetus (Levay, 2011). According to the prenatal hormonal theory of homosexuality, some male fetuses are exposed to too little testosteroneRead MoreEssay about Homosexuality661 Words   |  3 PagesHomosexuality Homosexuality is said to be a preference for affiliation and sexual activity with a person of the same sex. The potential for homosexual behavior appears to be a basic part of human sexuality, since many people experience homosexual interest, curiosity, or activity at some point in their lives. Homosexual behavior has also been observed in most animal species. Many homosexuals prefer to be called gay or, in the case of women, lesbian because of the exclusively sexual connotationRead MoreHomosexuality975 Words   |  4 PagesChoice? Do people choose to be gay, is it biological, or is there some other explanation? People have their own thoughts on homosexuality. Some people think that being homosexual is a choice, while others argue it’s not a choice. Bisexuality is a choice. Personally, I do not have a problem either way. I would like to try and answer the questions Is it a choice? and What causes homosexuality? Brief History of Homosexuality. The term ‘homosexuality’ was coined in the late 19th century by aRead MoreHomosexuality : What Causes Homosexuality?1404 Words   |  6 PagesCharizma Bush What causes homosexuality? During my abnormal psychology section in class something that stuck out to me was how homosexuality used to be a diagnosed disorder which is fascinating to me. Also the fact that sexual orientation is on a scale from 100% heterosexual to 100% homosexual and no one is fully either one. Knowing this I thought about the new national same-sex marriage law and how it brought up a lot of controversy recently that has been a struggle for years and years. There areRead MoreEssay on Homosexuality1702 Words   |  7 PagesHomosexuality For years scientists have been attempting to ascertain whether or not homosexual behavior can be linked to a biological catalyst. From Alfred Kinseys revolutionary survey in 1947 to the current media upheaval about a prospective gay gene, the desire to pinpoint a cause for the personalities and behaviors associated with homosexuality has reached new plateaux. The scientific community is constantly developing more and more evidence to suggest that there may well be a neurologicalRead MoreThe Issue Of Sexual Orientation1090 Words   |  5 Pagesone hundred men, around two of them are homosexuals, and the same goes for women. The background regarding sexual orientation is vast, and a lot of different definitions of the concept have been introduced throughout time. Nevertheless, although homosexuality is fairly common in the United States, many people still misunderstand it. The different types of sexual orientations and their difference from other sexual-related terms, such as gender r ole and gender identity, are all confused by the generalRead MoreEssay on The Cause of Homosexual Behaviors1255 Words   |  6 PagesHomosexual Behaviors The cause of homosexual behaviors has long been a controversial topic debated by scientists, psychologists, and many others among the general population. The Newsweek article Born or Bred discusses many possible causes of homosexuality. According to the research done in 1991 by neuroscientist Simon LeVay, the area of the brain that controls sexual activity called the hypothalamus, was less than half the size in homosexual males compared to heterosexual males. This result tellsRead MoreIs Homosexuality A Personal Choice Or Is It Genetics?2009 Words   |  9 PagesHomosexuality has been an ongoing controversial topic for decades and remains a taboo subject for many. The controversy stems from two distinct, main groups: liberals and conservatives. Both groups on opposite sides of the spectrum have created an uproar on what is right and what is wrong in regards to homosexuality. Social, religious, and personal beliefs have shaped many opinions and views on the perspective of homosexuality, thus creating opposing spheres without the consideration of scientificRead MoreEssay about Sexual Orientation1077 Words   |  5 Pagesconsidered highly controversial in our world today. There are many issues that society is faced with concerning homosexuality. When thinking of homosexuality most people refer to the Bible for an answer. There is even more controversy within the Bible’s text. Not only is there reference to the Bible, but also to our mind to answer whether or not homosexuality is a moral issue. Psychological and Biological research is searching for an answer to this illustrious area of confusion. According to Shakuntala DelviRead MoreHomosexuality : Genetic Or A Choice?1724 Words   |  7 PagesJessica Lamb Professor Daniel Levine PSYC 3320 May 9 2015 Homosexuality: Genetic or a Choice? It’s the year 2015 and the talk of homosexuality is still a controversial topic. Some people believe that being homosexual, or â€Å"gay†, is a choice and by being with someone of the same-sex you are committing a sin or doing something that is not viewed as â€Å"normal†. Although, now on television we are starting to see more and more homosexual couples and homosexual people on TV programs. Are people finally getting

Wednesday, May 13, 2020

Children Are Being Raised Isn t The Correct Way

How many people have told their child how smart they are? How intelligent they have become because they can distinguish from the color red and the color blue? Many I suppose, because that’s what a good parent says to their kids when they do something good. What if the way some children are being raised isn’t the correct way? By the correct way means with the correct mentality to go on with life, education, and the struggles that they can have in their future. As parents, we want our kids to feel confident with themselves and what they are capable of doing, and becoming the key to that is each parent’s goals. They want their children to feel confident in the society they live in and expect their way of raising them to be the in-between.We live in a society where intelligence is very important so parents should guide their children to a growth mindset. The author Carol S. Dweck analysis the way that children grow with the way their parents raise them and the mental ity that they encounter in them. She also analyzes the growth and fixed mindsets in her article â€Å"The Secret to raising Smart Kids†. Mr. Thomas continues to give information on further statements that contribute to what Carol S. Dweck wants to state in his article â€Å"To Raise Smart and Successful Children, focus on Developing a Work Ethic†. There’s people with different mind sets but the most common ones are the fixed mindset and the growth mindset. This mindset are the ones that most people start getting at a youngShow MoreRelatedAristotle s Views On Happiness1505 Words   |  7 Pagesvirtues they need to know their potentials. Open knowing their potentials they achieve happiness. Aristotle says that the happy person doesn t want anything more. Happiness is achieved in itself and never by means of something else. Aristotle says that the quality of being happy doesn t coincide with the quality of pleasure. he also say that it doesn t have anything to do with honor because honor depends not on the person rather what other people think of the person. In addition, Aristotle saysRead MoreThe Tragedy Of Jonas. Priestley s The Night Of Dinner With His Family 1340 Words   |  6 Pagescareful with language; he doesn t want to use the word frightened to describe his feeling, because it isn t technically correct. Jonas is eleven, and this coming December is a very special December for all the Elevens Next we see Jonas at dinner with his family. They go through a ritual where each person talks about their feelings. Lily, a Seven, goes first. She talks about feeling angry during playtime earlier that day, at a visiting group of Seven s who weren t playing by the rules Lily sRead More Analysis of Human Perception Essays1040 Words   |  5 Pagesof perception is how I distinguish life. What is significant to me, and what do I not care for? My perception was defined by how I was raised in society. I think it is important to have a strong educational background, and have a close relationship with my family, and friends. To other individuals, they may think my perception isn?t correct, they could presume that working hard for money is significant to them, and family or friends is just a minor thing in life. Life is allRead MoreHuman Rights Of Pakistan And Pakistan Essay1524 Words   |  7 Pages Pakistan Studiesâ€Æ' Human Rights in Pakistan Introduction: Human Rights refers to those rights of a person that are inalienable and that are appointed to him by the virtue of being temperament’s somebody’s} personality. These rights are universal and are supported the inherent dignity of groups of people. There rights are thought-about to be in particular the national or legal thought of world and are same for all groups of peopleRead MoreSpeech On Political Correctness1620 Words   |  7 PagesGood morning ladies and gentlemen, thank you so much for being present with us today. Me and my fellow group members are on the opposition team and strongly believe that Political Correctness has NOT gone too far and that in fact it is much needed in today s society.   Political Correctness is defined in the dictionary as â€Å"the avoidance, often considered as taken to extremes, of forms of expression or action that are perceived to exclude, marginalize, or insult groups of people who are socially disadvantagedRead MoreA Reflection On The Social Media1432 Words   |  6 PagesNow this isn t an article where I want people to feel bad for me because most of what I m going to talk about is in the past and I have been able to overcome the trails and mistakes I have made through the atonement of my Savior Jesus Christ. The reason why I am writing this is because I honestly hope that someone who may be going through something similar that I went through can have hope and turn themselves to Christ and overcome whatever challenge they may be facing. I haven t always beenRead MoreGenetically Modified Foods1198 Words   |  5 Pagesyou. Genetically modified (GM) foods refer to crop plants which have been created for human or animal consumption, these foods have had their genetic material modified in a way that would not occur naturally within the food. Desired traits such as increased resistance to herbicides or improved nutritional content are some ways food can and have been genetically modified. Traditionally, modifying plant to have a desired trait has been undertaken through breeding, conventional plant breeding methodsRead MoreMarx s Theory Of Alienation1298 Words   |  6 Pagesfor example education, family, the government, and the legal system all contribute to play their part in society, this can be seen as stability for functionalism as functionalist believe that everybody in society is making a contribution, whether being a banker or a baker, everyone is needed in society to work together to function properly. The distinction between Marxism and Functionalism is that functionalist portray their theory as the Living Body where everyone works together to keep societyRead MoreChild Abuse And Its Effect On Children1518 Words   |  7 Pages(indecent assault and battery), exhibitionism, prostitution, and exposure to, or photographing a kid for, porn. Emotional Abuse is defined as words or behavior on the part of a parent/guardian/caretaker which create a damage to the mental well being, or intellectual or mental capacity of a young child. Psychological abuse can result in low self esteem in a young child, and make a lowering of the child s ability to operate within a usual range of conduct and performance. case study The abuseRead MoreThe Catcher in the Rye2057 Words   |  9 Pagesare interconnected. A symbol is an object represents an idea that is important to the novel. I believe the most important symbol in this novel is Holden s idea of being the catcher in the rye. Holden Caulfield, the main character in the novel, is not the typical sixteen year old boy. Holden has many characteristics that aren t typical of anyone that I know. Holden is very afraid of growing up. He feels the adult world is phony, everyone in it, and everything associated with it. Holden never

Wednesday, May 6, 2020

My American Culture And The Mexican Culture - 982 Words

Battling between the confound of two cultures yet attempting to embrace both has shaped me into the individual I am present day. I grew up in a loving home surrounded by a nationally diverse family. Nevertheless, one thing we all have in common is our Mexican culture passed on to us by our wonderful ancestors. Even though some of my family members reside in different states, some even in different countries, we are all able to connect with each other when practicing our traditions and customs. We all share a common language that we utilize to communicate with one another, and that is Spanish. Everyone in my family learned to speak Spanish as the first language, and then the majority of my family living in the United States learned to†¦show more content†¦At that point of my childhood, my family was unaware of American holidays and traditions since they barely settled in The United States. One of the holidays that were a major topic of discussion in American schools was Than ksgiving. When I was in elementary, teachers would make students draw turkeys, color turkeys, and play games that featured turkeys. I did not comprehend what Thanksgiving was truly about as a child, but I did know that it was â€Å"turkey day,† meaning that on Thanksgiving I was supposed to eat a turkey with my family just like the rest of my peers said they would. One day after I finished drawing the image of a turkey at school, I took it home and showed it to my mother, then asked her if we would eat a turkey on Thanksgiving. To my surprise, she said, â€Å"No why would we eat a turkey and what is Thanksgiving?† I explained to her that Thanksgiving was the day that everyone eats turkey and gathers with their family to celebrate the turkey. My mother was very confused at my response and neglected my offer to celebrate that holiday, but I continued encouraging and persuading her to cook a turkey on Thanksgiving. Hearing all my peers talk about Thanksgiving made me even more excited and look forward to that day. As the days continued in school, I continued taking home poems and songs about Thanksgiving to my mother and family. My teacher gathered all the students in the classroom, and had us practice aShow MoreRelatedPersonal Statement : My Mexican American Culture1625 Words   |  7 PagesAll cultures are different and influence how we develop as adults. In my Mexican American culture many virtues of strength, courage, and hope has been passed on. Growing up in an environment where financial hardship prevailed I was still able to observe how my parents had hopeful attitudes, loved, had patience, and kindness toward others. Our strong family unity brought me comfort and confidence in knowing I had their support and guidance. The qualities my family passed on to me are hope, love, patienceRead MoreMexican Culture : The Sound Of The Drums1275 Words   |  6 Pages The Sound of Culture Boom-bara- boom-boom- bara-boom-boom- bara-boom-boom-click-click. The sound of the drums is incredible, what captures everyone s attention is the sense you have when you hear the rhythm and beat of any song. Music is a big part of my life and my culture. Mexican American culture demonstrates that I am someone who was born in Mexico but lives in America. I had no clue of my culture until I was about 10 years old. When I was growing up I always thought that I was born here butRead MoreRace Is Not Biological And Unimportant Factor Essay1095 Words   |  5 PagesI consider is Mexican-American. My mother is Mexican, meaning she was born and raised in Mexico, and my father is Mexican-American. Like me, he was also born in the United States. To study my ethnicity further, I only considered my mother’s side of the family. This is due to my father’s mother being adopted at a young age. In addition, the true father of my father is unknown. However, I speculate that my father has an African-American ancestor. On my mother’s side of the family, my great-great grandmotherRead MoreMexican Americans: Perspectives on Death and Dying Essay1114 Words   |  5 PagesMexican Americans: Death and Dying Hispanics are the fastest growing minority in the United States, and the majority of them are Mexican in origin (Kemp, 2001). The Roman Catholic Church plays a vital role in the culture and daily life of many Mexican Americans. Consequently, healthcare personnel must become culturally competent in dealing with the different beliefs possessed by these individuals. Nurses must have the knowledge and skills necessary to deliver care that is congruent with the patient’sRead MoreThe Importance Of My Identity1014 Words   |  5 Pagesimposed by other cultures. This is also true of gender expectation. I was born in Mexico, but at six years old I came to the United States. Fortunately, within a year I learned English. This is the dilemma I faced with regards to my identity. My appearance is Hispanic and I identify my ethnicity as Mexican. However, my identity is actually a combination of the Mexican and the American culture. On one hand, Hispanics did not completely accept me, because they said I am not Mexican enough, or theyRead MoreThe Culture Of The Mexican Culture1300 Words   |  6 PagesThe Culture A cultural analysis is a combination of many elements. Cultures have traditions, customs, habits, beliefs, practices, and values. Each culture can have different traditions in their own essence. These traditions can come from their ancestors and passed down the generations. However, some people don’t like to continue their ancestors traditions and adapt others customs from another culture. The culture change depending on the time and place. The enrichment of cultures consists of adaptationRead MoreParis Gown, By Estella Portillo Trambley1200 Words   |  5 PagesMonica Bruno 23 March 2015 Professor Felix Medina Paris Gown Deep Research Essay The story, Paris Gown, by Estella Portillo Trambley, really inspired me to find out more about women’s issues, especially Mexican and Mexican American women because not only am I am a female, I am also half Mexican. Teresa and Clo, (Teresa’s grandmother), are the main characters in this story and it starts out with Teresa asking Clo about how she came to be in Paris. Clo tells the story of her own liberation from herRead MoreA Narrative Of One Mexican American Woman1663 Words   |  7 PagesIntroduction: This is a narrative of one Mexican American woman’s experiences and her views on the importance of passing down the cultural beliefs of her ancestors. In the section of the country in which I live there is a large population within the community of Mexican American culture. Although I have frequent contact with people of Mexican American heritage either through employment or interaction out in the community, I have a limited understanding of their culture. For this reason, I chose to learnRead MoreLanguage Is More Violent Than War?1426 Words   |  6 Pagesthis struggle with my identity because I am Mexican and American. I grew up speaking Spanish and English, and was always being policed on what language I was allowed to speak. If I was with my parents they only wanted me to speak in Spanish and when I was at school I was actually forced to only speak English. Gloria Anzaldua writes about the struggles Mexican Americans have in America within our own community and within the â€Å"American† standards. Langue is a part of our culture it’s how we begin toRead MoreWhat Does Ethnicity Affect A Person s Identity?1735 Words   |  7 Pagesconducted interviews with a Japanese American and a Mexican American to see how their ethnicity has affected them when it comes to interaction with other people. I am interested to see how big of an impact would being a model minority or being stuck in negative stereotype affect how they are treated. Through these interviews I believe that it will show how big of a role ethnicity plays in a person’s identity in a multicultural society. For the past decades, Japanese Americans have been considered as model

Findings, Conclusions, Recommendations and Scope for Further Research Free Essays

string(111) " family needs of Indian middle class and therefore, small cars remain preferred choice of Indian middle class\." Chapter –VI FINDINGS, CONCLUSIONS, RECOMMENDATIONS AND SCOPE FOR FURTHER RESEARCH This research was broad based, involving multi dimensional study of all possible factors influencing the Personal Market in general and Small Car Market in particular. There are very important findings related to influence of socio-economic issues of Indian middle class, infrastructural issues like development of roads, government policies, price and cost of running and maintaining the car etc. Performance of Tata Motors Nano car, which is the smallest car, in the small car segment, and was positioned to meet the requirement of a spatial segment of Indian buyer was also studied extensively. We will write a custom essay sample on Findings, Conclusions, Recommendations and Scope for Further Research or any similar topic only for you Order Now 6. 1 Findings and Conclusions Major findings and conclusions drawn from the study are listed below -1. 71 percent of respondents have shown their preference towards low engine capacity cars to get higher fuel efficiency. It shows that in future only cars giving higher fuel efficiency will be preferred by Indian consumers. . 73percent of the respondents have shown their preference toward small cars as due to increased traffic and congestion on roads. As vehicle population is increasing continuously and size of city roads started appearing narrow, it can be concluded that small cars will prove sustainable in the future. 3. 74 percent of respondents have shown their preference towards small cars due to parking convenience of roads. In cities due to phenomenal increase in number of vehicles, parking is proving to be a big problem. Parking of small cars is a bit easy and therefore, in future people are likely to prefer small cars. 210 4. In recent past car manufacturers have launched a number of models of small cars with comparable features of big cars, consequently small car owners can now enjoy all these features in small cars also. In all 73 percent of respondents have expressed their happiness due to this reason endorsed the purchase of small car. 5. In India still personal disposable income of majority of respondent is not so high that they can afford to buy a big car and therefore, 71 percent of the total respondents have expressed their opinion that their disposable income permit them to buy only a small car and thus small cars are going to be sustainable in Indian car market. 6. In India due to increase in literacy rate and also desire to lead a comfortable life have induced the people to observe small family norm, which can easily be accommodated in small cars, the of choice people is, therefore, shifting towards small cars. 0 percent of total respondents have expressed the view that small car is good for them as they have small family. 7. 70 percent of the total respondents have expressed their opinion that they prefer the small cars as repair facility is available easily and next to their door for the repair of the same. 8. In past few years the number and percentage of women in employment is increasing staidly. Such women employee prefers the small cars due to variety of reasons. 76 percent of the total respondents have expressed their agreement to the fact that increased women employment has boost the sale of small cars. As this trend is going to persist, the future of small car is bright. 9. Increased affluence and easy availability of loans and finance facilities have led to many two wheeler users to buy their first car which is normally a small car. This has made the small cars sustainable in Indian car market. 78 percent of total respondents have endorsed this fact. 10. In past few years urban as well as rural affluence has increased. This has boosted the trend of urbanization. This in turn induces the people to buy 211 ars. In all 77 percent respondents are of the opinion that growing urban population has boost the market of small cars in India. 11. In past one decade a phenomenon improvement has taken place in the road network. This has induced the sale of small cars in India. 81 percent of the total respondents are of the opinion that improved conditions of roads even in small cities have led to increase in demand of small cars. 12. Government of India has formulated such policies which stimul ate the sale of small cars. 2 percent of total respondents are of the opinion that favorable government policy has boost the sale of small cars. 13. Price of the cars as well cost of spares, parts and component also govern the choice of a car. Normally price of small cars as well cost of spares, parts and components are comparatively low and affordable. Therefore, people prefer to buy small cars. This fact was endorsed by 74 percent of the total respondents. Thus it appears that small cars are going to be sustainable in Indian market. 14. The cost of repair and maintenance is comparatively very low in case of small cars. This also remains one of the considerations in forming the decision to buy a car. 83 percent of the total respondents are of the opinion that lower cost of repair and maintenance has influenced their decision to buy a small car. 15. Government levies taxes on small cars by low rate and rate of insurance of small cars is also very low as compare to big cars which are higher priced, therefore large number of people opts for purchase of small cars. A majority (68%) of the respondents have shown their agreement towards this. 16. About 3/4th of the total respondents are of the opinion that small cars are still preferred choice of Indian consumers therefore, it can be concluded that small cars will be sustainable in Indian car market. 17. 77 percent of the respondents are of the opinion that constantly rising costs of inputs and fuel prices will contribute to the sustainability of small cars. 18. Small cars prove sufficient to meet the family needs of Indian middle class and therefore, small cars remain preferred choice of Indian middle class. You read "Findings, Conclusions, Recommendations and Scope for Further Research" in category "Essay examples" 212 This fact was endorsed by 82 percent of the total respondents. Therefore it can be concluded safely that small cars are going to be sustainable in Indian car market. 19. Over the years a status consciousness has developed among Indian middle class and to fulfill this need they prefer to buy small car as most of them can not afford to buy a big car. Therefore, small cars remain a preferred choice of Indian middle class. 82 percent of the total respondents have endorsed this view and therefore it can be concluded that small cars will be sustainable in Indian automobile sector. 20. Indian middle class consumer is buying a car for either as a necessity or for comfort. The financial constraint therefore does not permit him to have the luxury of expensive, out of reach big cars. 82 percent of the total respondents of this study are of the same opinion. Looking to large base of middle class population in India, it can safely be concluded that small cars are going to be sustainable in Indian car market. 21. Parking of cars at residence is proving a difficult proposition now-a-days. Indian middle class resides normally in compact houses, parking space is in these houses is limited or non existent. In such conditions Indian middle class finds it is more comfortable with small cars. 83 percent of the total respondents acknowledged this fact and endorsed that the parking convenience at residence induces middle class to buy a small car. Thus it is concluded that small car will be sustainable in Indian car market. 22. Family and peer pressure often plays an important role in making buying decision of a vehicle . In case of Indian middle class this pressure induces them to buy small car. 68 percent of the total respondents were of the opinion that this pressure nduces the Indian middle class to buy the small cars. Therefore, small cars will remain a preferred choice of Indian middle class. 213 23. Working women in general and from middle class in particular prefer to buy a small car due to driving and parking comforts offered by such cars. Therefore, small car is a preferred choice of Indian Middle class working women. About 84 percent of total respondents have endorsed this fact. A s the number of middle class women employees is on increase continuously, it can be concluded that small cars will sustain in the Indian automobile sector. 4. The focus of current middle class families is more on spending and enjoying life. Their personal disposable income has also increased substantially. The desire to lead a conferrable life is motivating them to buy a car, and with the financial constraint more then often it is small car. Therefore, popularity of small cars is increasing. 80 percent of respondents have shown their agreement that desire to lead comfortable life among middle class will contribute to the sustainability of small cars. 25. Of late Indian middle class has become status conscious. One of the simple ways to exhibit the status consciousness is to buy a car. Therefore, more and more middle class people are embarking upon the decision to buy a car. This fact is going to contribute to the sustainability of small cars in Indian automobile sector. 83 percent of the total surveyed respondents have expressed their agreement to this. 26. Number of middle class people is on continuous increasing in Indian, since small car is a preferred choice of this segment, it can be concluded that small car will sustain in Indian market. This view has been endorsed by 81 percent of the total respondents. 7. A very small car launched by Tata Motors is not sustainable in Indian automobile sector as 82 percent of the respondents have expressed their opinion against Nano it is perceived as not safe and stable. 28. Tata Motors Nano is not preferred by Indian consumers in spite of being low price and more fuel efficient, as almost 97 percent of the respondents have 214 expressed their agre ement to this. Thus price of car and fuel efficiency of it, are not only the factors taken into consideration by Indian consumers while making purchase decision for cars. Their decisions are governed by other factors also like safety, features, driving comfort, status, convenience, etc. 29. Nano is not even preferred by Indian consumers as suitable for â€Å"† Only for City use† car.. 91 percent of the respondents have expressed this view. 30. Nano is not a preferred choice of Indian consumers, neither as a first car nor as a second or additional car. 88 percent of respondents have disown it as their choice as a first car and 93 percent of respondents have disown it as their choice as second or additional car. 31. Tata Motors Nano car was positioned as a better alternative for two wheeler. However those who are using two wheelers for their personal and family use and can afford to buy at least a small car are also having hesitation in buying Nano. 93 percent of the respondents have that they would not like Nano to take out their family instead of scooter or a motor bike. Thus it can be concluded that Tata Motors Nano has lost it’s initial charm and hype created in Indian car market. 32 Out of the total surveyed respondents (1500) , 1271 respondents have acknowledged that they are using small car ,remaining of respondents said they are not using a small car. This implies that Indian car market scene is still dominated by small car. 33. 79 percent of the respondents those using small car have expressed their satisfaction with a small car. Remaining 21 percent of respondents were not satisfied by with the small car. This very high satisfaction level with the users, is clear indication of sustainability of small car in Indian market. 34. 83 percent of the total respondents have acknowledged that they would like to recommend the car currently being used by them to the prospective buyers. This again shows that most of the car users are satisfied with their 215 present car, whether big or small, and they would like to recommend the same to the prospective buyers. This study has already established the fact that the sale of small car is dominating, this response further support the sustainability of small car in Indian market. 35. This study also reveals that 73 percent of the respondents have expressed their opinion that small car will be the preferred choice of Indian Middle Class and will sustain in Indian car market. 6. RECOMMENDATIONDS AND SUGGESTIONS For this study the questionnaire was so designed to get a clear idea about the preferences, choices, socio- economic issues, financial constraints, influencing factor of government actions and policies, consumer profiles etc. Since the study covers interest of all stake holders of Indian automobile sector, the recommendations are grouped under the following†¢ Recommendations for the car and auto component manufac tures. †¢ Recommendations for auto finance organizations. †¢ Recommendations for policy planners- †¢ Recommendations for prospective car buyers. One important finding coming out of this study, which can change significantly the dynamics of Indian business, is shift in the consumer profile. Though the urbanization is taking place at a very high rate, it is the consumption of Rural India which is increasing at faster rate then Urban India. There for the recommendations for the basis of shift in consumer profile are grouped together, for the four segments of stake holders as specified above. 216 6. 2. 1 Recommendations for the car and auto component manufactures1. The fuel efficiency is one of the prime concerns of the car users and therefore it is recommended that the future car engine designee should be based on fuel efficiency and note on high horse power. 2. The availability of repair facility is having influence on buying decision, and therefore it is recommended that the car manufacturer should address this requirement before introducing any high technology based models of small cars for Indian market. 3. The study reveals that the small car is preferred by working women. Introduction of some variance of the car models having â€Å"Women friendly accessories† will attract the women customers. 4. The cost of the spare parts is of concern of car users. To boost the sale of their product it is suggested that the auto component manufacturers, open their dealer networks and service outlets to meet customer’s requirements directly. This is already in practice for car batteries, tyers etc. The Auto electrical segment can also use this. 5. The study reveals that there is shift in consumer profile. The consumer in he rural area is having more stakes in consumption. Currently the car designs are for the urban users. It is recommended that to take advantage of this shift some variance of car models can be designed to attract rural customers. 6. The Tata Motors Nano car is having low price and fuel efficient engine, but as the study reveals it is not accepted by consumers due to various issues like safety, durability, not suitable for long distance travel etc. It is recommended that car manufacture should take a note of this in designing the future models. They are advised to conduct the extensive survey of consumers, particularly, of Nano users, that why a small car launched in Indian car market with a big fan fare could not pick-up and lost its charm in a very short span of time, so that they can revive Nano as per expectations of public and can make it a great success in Indian car market. 217 7. Although 79 percent of the small car users have expressed their satisfaction with the small car being used by them, but 19 percent of the respondents have also expressed their dissatisfaction with the small car which can not be termed as insignificant from any yardstick. Small car manufacturers are advised to develop a suitable mechanism to identify such dissatisfaction and must take concrete steps to overcome their dissatisfaction. 6. 2. 2 i. Recommendations for auto finance organizations. One of the findings of the study is that financing of car purchase is key driver of auto industry. In the discussions it is felt that, as the disposable income is low in the beginning of the career and increases with the passes of time the initial Equated Monthly Installments (EMIs) are proved heavy and burdensome on the purchasers. ii. It is therefore, recommended that auto finance companies can adopt a model of financing in which monthly payment in the initial period can be low, with a gradual increase afterwards. 6. 2. 3 Recommendations for government and policy planners(i) The constantly increasing fuel prices on the one hand support the choice of small car but on the other hand the cost conscious consumer may stop shifting from two wheelers to car. The government, therefore, can take suitable policy decision to offset the impact of increased fuel price by reduction of other taxes and duties on fuel. ii) The study reveals the concern of the parking and traffic congestion on roads. It is recommended that â€Å"Town Planers† and policy makers in the government should suitably address these problems. Looking to the shortage of parking area in the city following solutions can be considered(a) Providing high-rise parking setups with lifts. 218 (b) Parking plazas out side city, with rapid transport system conne ctivity to business areas. (c) Making it mandatory to use roof tops for parking, like basement is used of high-rise buildings. (d) The traffic congestion on road, especially in cities, is often because of non adherence to the driving discipline by users. The traffic management system, therefore need to be made more efficient, active and accountable. (iii) To further boost automobile sector, more reforms in this sector are required, Since the Auto Policy published in 2002, is already more then a decade old a working group of experts should be asked to come out a new policy frame work, taking into consideration the current status and challenges. 6. 2. 4 Recommendations for prospective car buyers. (i) From this study one fact has come out clearly that, currently many models with many variances in each model, are available for a buyer. It is therefore recommended that in selecting a car the buyer should carefully evaluate the technical specifications, and match, the same with his needs. (ii) There are different schemes with different auto finance organizations. With a careful study of the schemes available at the time of car purchase, substantial saving in car financing can be obtained. (iii) Tata Motors Nano car is not favored by majority of the respondents, due to their perceptions, related to safety, stability, status symbol etc. However the manufacturer is continuously working to rectify these concerns. For the buyers having low disposable income, it is therefore recommended that at least considering the very low price of this car, the current model available at the time of purchase can be once again technically evaluated (iv) The government policies for protection of environment are also influencing the engine type and the fuel used in a car. It is therefore 219 recommended that buyer should select a model which is having futuristic technology engine. 6. 2. 5 ESPECIAL RECOMMENDATIONS ON THE BASIS OF SHIFT IN CONSUMER PROFILEThis study reveals the fact that the ‘Rural Market’ of India is growing more rapidly then ‘Urban Market’. The perception of car manufacturing industry as well as policy planers with the government in India has considered car as a commodity for urban population. This sift in the consumer profile if taken into serious consideration can lead to following recommendations6. 2. 5. 1Recommendations for the car manufacturesi. The interior design of the cars for the future models can be reviewed, and new models or at least some variants of new models can have features suitable for rural buyer. To give examples the long front seat of retro models can be reintroduced, the capacity of petrol tank can be increased etc. ii. The topographic requirement of rural area can be considered for technical specifications, of the cars e. g. wheel size, road clearance etc. to make it more acceptable in rural India. It is necessary to provide additional protection against dust to the vital elements, like fuel injection systems, carburetors, ignition system etc. iii. It is recommended that car manufacturers explore the possibility of introducing â€Å"Four Wheel Drive† system in small car as well. iv. The Personal car sales- net work currently focuses more on urban India, a shift is recommended in this approach. v. It is recommended that, after sale service net work is to be extended to rural area. Since the area to be serviced will be very large, a module having a central workshop with mobile service vehicles attached to it can also be considered. 220 vi. For the manufacturer like Maruti having major stake in small car segment, it is recommended that they can develop a system through which some selected fuel outlets can be used for providing authorized repair service by tanning the staff of fuel outlet. . 2. 5. 2 Recommendations for auto finance organizationsi. The current system of Equated Monthly Installments, is meeting the requirements of urban consumers which are generally fixed monthly income employees. The earning pattern of the rural consumers is different as it is seasonal. Therefore it is recommended that schemes where the option of repayment in unequaled installments, with a rider to make the complete repayment in a predefined period can be introduced. ii. The cooperative banks are generally very strong in rural India. It is recommended that captive auto finance companies can start exploring the possibilities of working with these banks. 6. 2. 5. 3Recommendations for policy plannersThe growth in auto industry segment works as a catalyst for the entire manufacturing sector. This growth is meeting the two very important key objectives of the government e. g. Improved GDP and more employment. It is therefore recommended that the policy planners in government should design the policies which can boost the sale of cars (small cars) in Indian ruler market. Some of the suggestions are as underi. It is recommended that in place of uniform road taxes throughout the state, a system of differential taxes based on the type of the area in which a personal vehicle is in use can be implemented. ii. To increase the use of cars, more priority should be also given to the roads connecting the villages to nearby cities. 221 iii. It is recommended that like agriculture equipments the soft loan schemes, for rural user to be extended for Personal Vehicles iv. Government should consider suitable tax incentives for the promotion of R D in the automobile sector, which can be directly attributed to suitable vehicle for Rural India 6. 2. 5. 4 Recommendations for prospective car buyers. i. The service backup is very necessary for the high technology based cars. It is therefore suggested that buyer should examine this aspect carefully. ii. The road conditions may very from the cities in the rural area. The car specifications required to be looked into, from this angle. 6. 3 Directions for Future/ Further Study i. The study pertains to study of sustainability of small cars in Indian automobile sector. This study opens the scope for conducting future researches on the sustainability of big cars MPVs, SUVs, LCVs and heavy vehicles. ii. The study is confined to conduct the study of market sustainability; however, future studies may be undertaken for conducting the technical sustainability, social sustainability, environmental sustainability, and financial sustainability of small cars or any other product. iii. The study also opens the avenue of conducting such study at international level covering different dimensions of sustainability of small cars. 222 How to cite Findings, Conclusions, Recommendations and Scope for Further Research, Essays

Managerial Finance Financial Stability for Stakeholders

Question: Describe about the Managerial Finance for Financial Stability for Stakeholders. Answer: Introduction Financial statements of a business corporation represent its financial stability to the stakeholders. The financial position of a firm is determined on the basis of its financial statements that are used to forecast its future growth position. The financial statements facilitate investors and analysts to predict the future growth performance of a firm and thereby take effective decisions for investing in the firm. The comparison of financial statements such as balance sheet, income and cash-flow statement of a business firm is used by the decision-makers internally and externally to examine its present and predict the future performance (Laitinen, and Suvas, 2013). However, the occurrence of many corporate scandals such as Enron, Worldcom and Lehman Brothers has revealed that financial statements are not reliable for estimating the bankruptcy risk of a corporation. The corporate scandals have aroused the need of new approach for bankruptcy prediction of firms (Kennedy, 2012). In this context, the present essay examines the usefulness of financial statements for predicting a firm bankruptcy and the need of new approach to estimate the possibility of its default. Critical Analysis of Need for new approach for bankruptcy predictions by Corporates Financial statements have long been used for developing an insight into the financial position of a business corporation by decision-makers. The information provided by financial statements is not reliable as was revealed by the corporate scandals of Enron, Worldcom and Lehman Brothers. These corporate scandals are regarded as largest accounting frauds in the history causing major financial losses to the investors. The accounting frauds can be regarded as the use of false and deceptive accounting practices intentionally by a business firm in order to obtain the likely results of enhanced financial performance. The common approaches that are used by the business firm in improving the appearance of financial statements are overstating revenues by showing future expected sales, understating expenditure, inflating net worth of assets and hiding financial obligations (Rezaee and Riley, 2011). Enron Corp collapse was revealed when it filed for bankruptcy in the year 2001 before which the c ompany was recognised as a highly successful innovative and best managed business in the US. The main reason for the collapse of the company was its fraudulent accounting practices through which the company used to claim more profit in its financial reports than its actual profitability. The company had created its special purpose entities for preventing significant losses from appearing on its financial statements. The losses incurred by its special purpose entities were not consolidated with the companys financial statements. Thus, the company used to provide false financial information to the investors and analysts through its financial reports. The investors and financial analysts could not predict the possibility of default risk of the company that was revealed by its bankruptcy filing causing major financial losses to the shareholders (Johnson, 2003). Similarly, the corporate scandal of Worldcom occurred due to the mis-representation of information in the financial statements of the company. The internal audit of the firm has revealed that about $3.3bn in its profits are improperly recorded between the years 1999-2002. The company had held these profits as reserves and intentionally inflated them for increasing its profitability. The main reason for the collapse of the company was its acquisition strategy which created a debt of about $41 billion (Chuvakhin and Gertmenian, 2003). The company improperly reported its accounting debt in the financial statements through fake entries. However, the company financial condition became doubtful when it failed to secure new source of financing from the banks as it possess less than $300 million cash. The investors, analysts and public were shocked by the bankruptcy of Worldcom as its reported profits in the financial statements were suddenly transformed into losses. The fake accounting poli cies of the company were revealed during its internal audit and the company was heavily charged for the fraud by the Securities and Exchange Commission (Helwege, 2009). In this regard, the case of Lehman Brothers filing for bankruptcy in the year 2008 was largest in history. It has about $639 billion in assets and $ 619 billion in debt and as such its bankruptcy surpassed of Enron and Worldcom. It was regarded as one of the largest U.S. investment bank at the time of its collapse with workforce of about 25,000 employees. The collapse of Lehman Brothers was mainly attributed to the U.S. housing boom in the period of financial years 2003 and 2004 (McDonald and Robinson, 2009). The investment bank used to provide low-interest rates mortgage lending that increased its revenue generation at a faster growth than other businesses in investment banking. The firm recorded revenue of about $146 billion in the year 2006 that is about 10% increase from the previous year 2005. Lehmans stock started to decline with the rise of credit crisis and bursting of housing bubble. The revenue generated was further used to increase the house prices and increase in interest rates for mortgages repayment. The borrowers were unable to repay the loans that caused the bursting of housing bubble causing bankruptcy of Lehman Brothers. The financial statements of Lehman Brother have depicted increasing profits from the year 2005-2007 with suddenly turning bankrupt in the year 2009. Thus, the case also reflected that financial statements are not trustworthy source for investors and analysts to predict the financial position of a firm (McDonald and Robinson, 2009). The occurrence of all these corporate scandals have raised the need of other approaches besides relying on financial statements for estimating the present and future growth financial performance of a firm. As such, the investors and analysts are largely incorporating the use of other innovative approaches for examining the firm bankruptcy. The prominent techniques used for estimating the financial performance of business corporations is data envelopment analysis (DEA) and production function-based economic performance evaluation (PEFP) (Vav?ina et al., 2013). These new approaches for estimating the bankruptcy prediction of firms has not yet been validated for use in financial sector but investors and analysts are increasingly adopting the use f these methods for estimating the possibility of default of firms. Both the methods assess the firms bankruptcy by quantifying its financial distress. The methods assess the relative efficiency of a firm through the help of a mathematical formu la that helps in bankruptcy assessment through the use of financial ratios. A new approach that can be used for analysing bankruptcy of the business entities is Altman Z-score model. The model estimates the possibility of default of the firms through assessing its insolvency, leverage, liquidity and solvency. Zeta model is also used for bankruptcy assessment of firms through quantifying the financial distress trough the use of mathematical models. In addition to this, the economic and institutional factors should also be analysed by the investors and financial analysts in bankruptcy prediction. The economic factors such as interest rates, monetary and fiscal policy and the overall industry performance can provide valuable insights for predicting bankruptcy of a firm (Vav?ina et al., 2013). The accounting fraud is very difficult to be predicted by the financial investors by solely relying on the information obtained from the financial statements as evident from the occurrence of corporate scandals discussed above. As such, the financial statement fraud can significant damage the retirement and educational savings of people. In this context, the implementation of horizontal and vertical analysis can prove to be very useful for the investors and financial analysts for financial statement fraud detection. Vertical analysis involves examining and analysing each and every entry in the income statement as a percentage of total revenue and comparing it with the previous results (Almsafir et al., 2015). The sudden increase in the revenue generated reflects a risk in the business operations of the business entity. Moreover, the investors can select a benchmark from the financial statements such as total assets for monitoring the deviations in it on yearly basis. Similarly, horiz ontal analysis involves identifying the variations in percentages of the base year figures in financial statements signifying the need for future analysis. The technique of logistic regression approach is also proving to be highly useful for identifying the financial distress of corporations. It involves the use of regression analysis for predicting bankruptcy possibility of a firm. Thus, it can be said that use of improper accounting procedures by business firms around the world for developing financial statements is causing the need of these new approaches to examine their present and future financial performance. This is necessary to protect the hard earn money of investors from any potential damage by investing in the business corporations (Almsafir et al., 2015). Conclusion Thus, it can be summarised FROM the above overall discussion that financial statement frauds are on increase in the business corporations around the world as can be seen from the case of Enron, Worldcom and Lehman Brothers. There is high need for incorporation of new approaches such as DEA, regression analysis, horizontal and vertical analysis for estimating the financial performance of a business firm besides relying only on the information provided by financial statements. References Almsafir, M. et al. 2015. Transparency and Reliability in Financial Statement: Do They Exist? Evidence from Malaysia. Open Journal of Accounting 4, pp. 29-43. Chuvakhin, N. V. and Gertmenian, L.W. 2003. How to determine when it is safe to grant credit. Worldcom Ethics Case Study 6(1), pp. 1-6. Helwege, J. 2009. Financial Firm Bankruptcy and Systemic Risk. [Online]. Available at: https://www.bankofcanada.ca/wp-content/uploads/2010/09/helwege.pdf [Accessed on: 8 October 2016]. Johnson, C. 2003. Enrons Ethical Collapse: Lessons for Leadership Educators. Journal of Leadership Education 2(1), pp. 45-56. Kennedy, K. 2012. An Analysis of Fraud: Causes, Prevention, and Notable Cases. Honors Theses, pp. 1-48. Laitinen, E.K. and Suvas, A. 2013. International Applicability of Corporate Failure Risk Models Based on Financial Statement Information: Comparisons across European Countries. Journal of Finance Economics 1(3), pp. 01-26. McDonald, L. and Robinson, P. 2009. A Colossal Failure of Common Sense: The Incredible Inside Story of the Collapse of Lehman Brothers. Random House. Rezaee, Z. and Riley, R. 2011. Financial Statement Fraud Defined. John Wiley Sons. Vav?ina, J. et al. 2013. New Approaches For The Financial Distress Classification In Agribusiness. ACTA UNIVERSITATIS 4(XI), pp. 1177-1182.

Monday, May 4, 2020

Presence of Unidentified Flying Objects-Free-Samples for Students

Question: Discuss about the Presence of Unidentified Flying Objects. Answer: Extraterrestrial life, which is also known as the Alien life is the life that is present outside the earth and this life ranges from small microorganisms to another civilization situated outside the earth and advanced than the human civilization (Capova, 2013). This assignment will be discussing about the two phenomenon of extra-terrestrial intelligence such as UFO or Unidentified Flying Objects or personal encounters of it and will further discuss the motives of aliens to visit earth from both behavioral and scientific perspective. Sighting of UFOs are critically argued subject as people, who have not encountered such sighting, did not believe the fact that these phenomenon actually happened and several scientists such as Cremo (2013), supported their presence. Furthermore, the concept of UFOs is named as science fiction as maximum of the scientists did not believe on such topic. There are three motives of alien visiting earth such as to influence the future perspective of human society as, to enlighten the humanity and for the experimental use. According to Jinks (2012), aliens with higher technological reach, visited earth in past to affect the humankind. Furthermore, according to many famous alien abduction stories the abductees mentioned that aliens abducted them to experiment about human sex organs and to use human cells for their own racial existence. These reasons seems correct from both scientific and behavioral perspective as human visited other planets like mars to identify any sign of life (Vakoch, 2 017). Therefore the concept of UFOs remains critically accepted in the scientific as well as general community and the people did not encountered such phenomenon, did not believe on the presence of aliens. References Capova, K. A. (2013). The detection of extraterrestrial life: are we ready?. InAstrobiology, History, and Society(pp. 271-281). Springer, Berlin, Heidelberg. Cremo, M. A. (2013). Human Devolution.Disinformation Guide to Ancient Aliens, Lost Civilizations, Astonishing Archaeology and Hidden History, 23. Jinks, A. L. (2012). Paranormal and alternative health beliefs as quasi-beliefs: Implications for item content in paranormal belief questionnaires.Australian Journal of Parapsychology,12(2), 127. Vakoch, D.A. (2017). Hawkings fear of an alien invasion may explain the Fermi Paradox.Theology and Science,15(2), 134-138.