Tuesday, March 17, 2020
Role of women in Islam
Role of women in Islam A lot of assumptions and discussions surround the role of Muslim women. Sadly though, such assumptions and discussions have largely remained negative. The Muslim woman is perceived as oppressed by dictatorial fathers and husbands (Ahmed 18). Besides suffocating under the veil, Muslim women are also perceived to be forced into marriage.Advertising We will write a custom essay sample on Role of women in Islam specifically for you for only $16.05 $11/page Learn More The essay is an attempt to examine the role of women in Islam.In addition, the essay shall also attempt to explore the kinds of variations from country to country regarding the role of women in Islam. Finally, the possibility of new developments to be expected regarding the issue at hand shall also be assessed. It is important to assess the role of women in Islam since the subject is riddled with a lot of misconceptions, especially by the non-Muslims. The Islamic religion has explicitly defined and outlined the role of women in Islam. Whereas the Islamic society relegates the role of a man to the public sphere, on the other hand, the role of a Muslim woman largely remains a private matter (Ahmed 32). Her primary responsibility is to be a dutiful wife to her husband, and also to ensure that her children are brought up in an upright manner. In Islam, women are regarded as a vital element of the family because they not only care for the children, but also because they ensure that the family remains united together. Islam encourages women to undertake all their duties with enthusiasm and devotion. The Quran holds women who take good care of their husbandsââ¬â¢ property and young ones in high esteem (Baden 23). On the other hand, there are also other responsibilities of a Muslim woman beyond those of a wife and a mother. Islam allows women to take part in pilgrimage (Hajj). In addition, they are also allowed to engage in politics, exercise to vote, manage their own businesses, a nd also to partake in gainful employment (Baden 23). Nonetheless, a womanââ¬â¢s psychological and physiological make-up may hold her back from assuming leadership positions as head of state or in the army. There is also a lot of debate on the social and spiritual role of women in Islam. Furthermore, questions of family life, marriage, sexual morality, custody, divorce, as well as inheritance, still abounds. Notably, Muslim feminists have been instrumental in such debates (Baden 24). Reports indicate that the participation of Muslim women in the labor force is lower, in comparison with non-Muslim countries.Advertising Looking for essay on religion theology? Let's see if we can help you! Get your first paper with 15% OFF Learn More Nonetheless, there is little evidence to suggest that Muslim women have been discriminated against in as far as their contribution in the workplace is concerned. If anything, the strong Islamic traditions regards a woman as a mot her and wife first, and this could perhaps be an indication of their strong cultural orientation. However, there are exceptions to this rule. In Egypt for example, the modern service sector boasts of a large number of women among its workforce. This may be largely due to the socialist policies in the country that encouraged more women to take up job opportunities, along with their participation in higher education (Baden 26). In Sudan, there are a sizeable number of women taking part in the professional level jobs. However, the numbers decreased drastically following the military takeover in 1989. Consequently, thousands of women were dismissed from their posts as lawyers, doctors, nurses, and university lecturers. Bangladesh is also undergoing diversification in terms of employment opportunities available to women in the formal sectors (Baden 28). However, the issue of wage disparities between women and men still abounds. Even in the formal sector, Muslim men still dominate job pos itions. For example in Mali, there are very few job opportunities available for women. According to the Islamic law, men and women are equal with respect to responsibilities and rights. Men and women are both expected to fulfill certain roles but none of these diminishes the importance of women. An increasingly higher number of Muslim women are now as educated as their male counterparts, if not better. This, coupled with the spirited fight by feminists to champion the cause of Muslim women, we can expected to see more women assuming leadership roles both in the business world and in the political circles. Ahmed, Leila. Women and gender in Islam: historical roots of a modern debate. London: Yale University Press, 1992. Print. Baden, Sally. The position of women in Islamiccountries: possibilities, constraints and strategies for change. September 1992. Web.Advertising We will write a custom essay sample on Role of women in Islam specifically for you for only $16.05 $11/page Learn More
Sunday, March 1, 2020
Understanding Trademark Names and Logos
Understanding Trademark Names and Logos Both the Nike logo with its widely recognizable swoosh and the phrase Just Do It are excellent examples of a trademark. A great trademark can help with the sales of goods and services, and very desirable goods or services can make a trademark famous. What Is A Trademark? Trademarks protect words, names, symbols, sounds, or colors that distinguish goods and services. Trademarks, unlike patents, can be renewed forever as long as they are being used in business. The roar of the MGM lion, the pink of the insulation made by Owens-Corning (who uses the Pink Panther in advertising by permission from its owner!), and the shape of a Coca-Cola bottle are familiar trademarks. These are brand names and identities and are important in marketing a product or service. Brand Name Vs Generic Name Naming an invention involves developing at least two names. One name is the generic name. The other name is the brand name or trademark name. For example, Pepsi à ® and Coke à ® are brand names or trademark names; cola or soda are the generic or product names. Big Mac à ® and Whopper à ® are brand names or trademark names; hamburger is the generic or product name. Nike à ® and Reebok à ® are brand names or trademark names; sneaker or athletic shoe are generic or product names. Primary Trademarks The term trademark is often used to refer to any type of mark that can be registered with the United States Patent and Trademark Office or USPTO. The two primary types of marks that can be registered with the USPTO are: Trademarks that are used by their owners to identify goods, that is, physical commodities, which may be natural, manufactured, or produced, and which are sold or otherwise transported or distributed via interstate commerce.Service marks that are used by their owners to identify services, that is, intangible activities, which are performed by one person for the benefit of a person or persons other than himself, either for pay or otherwise. Other Types of Marks There are other types of marks that can be registered, however, they occur infrequently and have some different requirements for registration than the more commonly applied for trademarks and service marks. Since the benefits of registration are essentially the same for all types of marks, the term trademark is often used in general information that applies to service marks, certification marks, and collective marks as well as to true trademarks, the marks used on goods. Using Trademark Symbols You can use the symbols TM for trademark or SM for service mark to indicate that you are claims rights to the marks without having federal registration. However, use of the TM and SM symbols may be governed by different local, state, or foreign laws. The federal registration symbol à ® can only be used after the mark is actually registered in the USPTO. Even though an application is pending, the registration symbol à ®may not be used before the mark has actually become registered. Can I Apply For A Registered Trademark By Myself? Yes, and you would also be responsible for observing and complying with all the procedural issues and requirements. Trademark registration is not easy, you may need professional help. The names of attorneys who specialize in trademark law may be found in the telephone yellow pages, or by contacting a local bar association.
Friday, February 14, 2020
Petroleum Economic and Oil field management Essay
Petroleum Economic and Oil field management - Essay Example dvantageous to tax rent rather than profits because they yield more because they can be taxed to slightly less than 100 percent and cannot distort behavior providing an ideal non-distorting tax (Passant, 2011:3). The concessionary system was used as the very first system in the oil industry especially in mining operations in Greece in 480 B.C. In modern times, the use of this method allows oil companies to explore, develop, sell and export oil from a country for a specific time. Examples of countries using this method include Kuwait, Angola and Sudan. The contract-based system of taxation is those where there are two types of systems namely the production sharing contracts and risk service contracts. The contractor has no claim or title over the oil produced but undertakes exploration. The contractor is expected to pay the government in form of tax and non-tax revenues. An example of a country using this system is the UK (Agreement, 2004:4). For the Oceania government, it should adopt the contract-based system of taxation. This system allows the state to own the reserves. The government and oil companies negotiate on how long the company will have a right to extract on the oil reserves. Despite the fact that it could be many years, exploration cannot be beneficial until it is completed. This could go into losses especially for the company doing the exploration and could save the country from such losses. The most beneficial part for the government is that it has the right to draft and negotiate a contract system that can help it maximize on the revenue and limit a companyââ¬â¢s access to oil while at the same time create a legal regime that will allow the state to modify the terms of the contract. Back-end loading system refers to a taxation system where fiscal measures are low in terms of compensating project and sovereign risk, recoups capital outlay in a short time, maximizes the long run post tax returns and has no windfall profit taxes when prices of goods
Saturday, February 1, 2020
Human resources employment law for business Essay
Human resources employment law for business - Essay Example Franklin, a U.S. born individual of English ancestry, works for the China Lights restaurant, which is owned and operated by two U.S. citizens of Chinese ancestry. Franklins coworkers Jin Pan and Dongping Jiang, also U.S. citizens of Chinese ancestry, are late for work virtually every day, but no action is taken against them for this, even though the owners are aware of Jin and Dongpings tardiness, and even though there is a stated workplace policy that an employee reporting to work late, more than once in a sixty day period will be dismissed. Franklin reports to work late twice, 55 days apart, and he is dismissed. Explain whether Franklin has the basis for a national origin discrimination claim. Franklin does have basis for a National Origin Discrimination claim, but it might not be easy. Proof of misconduct would have to be documented. If Jin and Dongpingââ¬â¢s tardiness was not recorded, it would be Franklinââ¬â¢s word against the company and Jin and Dongpingââ¬â¢s word. If documentation exists on Franklinââ¬â¢s tardiness that could be used to prove that Franklin would have been fired despite Jin and Dongping. Franklin would have had a better case if he had started documenting the tardiness before being fired. It would have also been a better case if he would not have been tardy for two days in a fifty-five day period. Courts like plaintiffs with clean hands. Theoretically the case could be brought, but if not settled out of court, the case might not succeed. Title VII deals with the discrimination against employees based on race, religion, gender, and so forth. IRCA deals with the hiring of illegal immigrants. It is harder to prove discrimination on race, religion, or gender. Title VII must be proven in court through testimony and documentation. IRCA discrimination can be proven through citizenship documentation. If an employer will not hire because of the IRCA law, than the U.S.
Friday, January 24, 2020
Babe Ruth :: essays research papers
Babe Ruth Date Born: February 6, 1895à à à à à à à à à à Place: Baltimore, Maryland Date Died: August 16, 1948à à à à à à à à à à Place: New York, New York Early Family Background: à à à à à George Herman Ruth Jr., aka Babe Ruth had eight other brothers and sisters, but only him and his sister Mamie survived. His parents names were Kate and George Herman Ruth. Ruthââ¬â¢s father was a bartender and his mother helped at their tavern. Ruthââ¬â¢s parents made no time for him so they sent him to St. Maryââ¬â¢s Industrial School for Boys. Adult Life: à à à à à Helen Woodford: married on October 17, 1914 in Ellicott City, Maryland. In 1921, they adopted a little girl named Dorothy. Jan 11, 1929, Helen died in a fire of suffocation. About 3 months later, on April 17, 1929, Babe married Claire Hodgson in New York. In 1930, Babe adopted Claireââ¬â¢s daughter Julia & Claire adopted Babeââ¬â¢s daughter Dorothy. Significant Accomplishments: à à à à à Babeââ¬â¢s record of 714 homers was only beaten by Hank Aaron in 1974. In 1932, Ruth did his famous ââ¬Å"called shot,â⬠where he pointed to the centerfield bleachers and hit his homerun in that same direction. When the Babe was with the Yankees they won a total of 7 pennants and 4 world championships from 1920 ââ¬â 1933. Feb 2, 1936 Babe became Charter member of Baseball Hall of Fame. Other Points of Interest: à à à à à *Babe Ruth got his name from when his new legal guardian Jack Dunn brought him to see the players, they said ââ¬Å"Hereââ¬â¢s Jackââ¬â¢s newest Babe!â⬠The name stuck so throughout his life he was called Babe Ruth. à à à à à *Babe retired from baseball on June 2, 1935 from the Boston Braves *In 1946, Babe was diagnosed with throat cancer and he died on August 16, 1948.
Thursday, January 16, 2020
Summit Partners Fleetcor a
Private Equity and Investment Banking SPRING 2010 Summit Partners FleetCor A 1. Summarize the proposed transaction: Summit Partners proposes to FleetCor Technologies (later preferred as ââ¬Å"FleetCorâ⬠or the ââ¬Å"Companyâ⬠) an investment into FleetCor for the total amount of $44. 9 million in return for a post transaction ownership of 54. 2% in the ââ¬Å"Companyâ⬠and coming down to 46% ownership in the company after newly created stock options for management equivalent to 15% ownership in the company has been completely executed and fully diluted. This investment is in the form of convertible preferred stock with an 8% accrued interest, compounding annually. As the transaction come through, Summitââ¬â¢s prefer stock will be treated equal-footing in liquidity with the other $37. 5 million of existing preferred stock. The proceeds from Summitââ¬â¢s investment will be used as followings: â⬠¢ $9. 0 million will be used to redeem part of a $15 million subordinated debt held by current investors. The remaining $6 million of this debt will be converted by the current investors into the same strip of prefer stock which Summit proposes. â⬠¢ About $16. 6 million will be used as an upfront cash to buy back FleetCorââ¬â¢s seven ââ¬Å"Super Licenseesâ⬠â⬠¢ The remaining $19. 3 million will be used as a general working capital for FleetCor to fund its growing business and to buy back any other potential licensees. 2. Discuss five key investment strengths: FleetCorââ¬â¢s management team: very well-performed management team consisting of: â⬠¢ Very high quality profile and experienced CEO, Ron Clarke, who has brought FleetCor back on track after just 18 months of working in the company. â⬠¢ Other executives who have many experiences and a lot of knowledge in the industry including H. Steve Smith, Senior VP of Sales and Marketing; Tommy Andrews, Senior VP of Operation; and Scott Ruoff, Senior VP of Business Development. FleetCor has a highly differential busin ess strategy leading a very competitive business as followings: â⬠¢ Middle Market Focus: big market for growing with very little potential competitors and high barriers to entry â⬠¢ Local Market Distribution: FleetCor has created a network of local branches with a complete staff employees including a general manager â⬠¢ ââ¬Å"Semi-Exclusiveâ⬠Merchant Acceptance Network: FleetCor limits the size of merchant network to provide greater traffic volume to participating retailers. Highly established market shares in the highly potential and continued growth market: FleetCor has 90,000 fleet customers across its entire system comprised especially of four large national accounts such as Sears, UPS, Aramark and National Line Service; and over 500,000 active cardholders. ? FleetCor provided its customers the cost-saving and customized information report to really please the customers and make them high reluctance to switch to new card network providers, leading to low custo mer churn. High gross profit margin (in case of gross revenue report): averagely 5%, double compared to other regular credit card issuing companies or its big competitors in high-end market, however, it has still gained highly growing market share because of its unique and differential business strategy. 3. Discuss five investment concerns: FleetCor is still missing a financial expert who not only has experiences and knowledge in the industry but also has ability to draw fully effective projection for a long-term growth by implementing a stable financial system ( Suggest: Hiring a highly effective and experienced CFO. ? High projected improvements after the acquisition. The company should be a little more conservative due to the fact that there are always some unexpected risks associating with the implication of a new centralized system. Suggest: the company should project in the more conservative way and should establish some preventive control procedures to eliminate these risks b efore really testing the centralized system to avoid any unexpected damages and losses. ? FleetCor has not yet settle the final agreements with the seven ââ¬Å"Super Licenseesâ⬠for acquiring them, creating some sources of unstable and going concern business ( Suggest: the company should be more specific and aggressive while dealing with the licenses to make the final agreements. Higher gas prices result in a larger A/R financing cost and also lead to a higher bad debt expense, even though the net revenue might still be the same ( Suggest: implement some forms of hedging strategies against the increases in gas prices such as going long on a call option at a specific gas price which might materially increase the A/R financing cost and bad debt expenses. ? FleetCor currently has weak managerial reporting system ( Suggest: bringing in some more IT consultants and programmers to create a more effective managerial and financial system while working along with a CFO who is a financi al expert. . Using Exhibit 4B evaluate the proposed acquisitions. Would you recommend purchasing all of the licenses? Why or why not? Explain Briefly Overall, the proposed acquisitions yield the company a combined entity with much better performance in term of profitability such as: â⬠¢ New combined gross margin is 5% higher than the base only. â⬠¢ EBIT margin is almost 3. 75 times higher than the base only. â⬠¢ EBITDA margin is over 1. 5 times higher than the base only. I recommend FleetCor only acquire 5 effectively operated Licensees out of the seven ones including the ones in the areas of Houston, Carolina, Mississippi, Baton Rouge, and Atlanta because the other two which are locating in Chicago and Tampa are inefficient in term of profitability. Licensee in Chicago will yield a loss of EBITDA and the one in Tampa yield only $83,000 of EBITDA which is very small compare to the cost of acquiring this licensee. 5. Look at the Transaction Multiples Analysis in Exhibit 5d and 6. Analyze the comparables (Exhibit 6): a. Would you recommend using all the comparables listed? Would you exclude any of the comparables? Explain your answers. I would not recommend using all the comparables listed. I would exclude all of the comparables from group of credit card issuers because FleetCor has been operating its business as a merchant card processor which is different from the credit card industry. Basic principle for valuation using industry comparables is that we have to use comparables for the group of companies in the same industry with the valued company. I might want to keep the comparables for the group of other transaction processors. Through my observation, I find that Ceridian which is in the same industry with FleetCor has the most similar Enterprise Value/Revenue Ratio and Enterprise Value/EBITDA with the company (leading to that Ceridian would be a good indicator for valuation of FleetCor b. Based on the comparables how would you value the proposed acquisitions of the licensees? What do you think of the multiples proposed in exhibit 5d? Basing on comparables data of Ceridian, I would value the proposed acquisitions of the licensees at 13. 1xEBITDA. I think the multiples proposed 3. 9x in 2001 and 3. 3x in 2002 in exhibit 5d are way below the multiple of Ceridian, and even much lower when compare to the industry average 16. 9x and 15x accordingly. In general, if the final transaction is completed as proposed, the company will be much better off, and even better if the company exclude the acquisition of the two licensees in Chicago and Tampa. In addition, if all of the big seven licensees do not accept the acquisitions at this proposed multiples, Summit might suggest the FleetCorââ¬â¢s management to raise these multiples and deal specific case to case with each of the licensee. 6. Assume the acquisitions take place on December, 31, 2001. Value Fleet or using the DCF methodology. Use Exhibit 5a, 5b and 5c to complete the valuation. Make assumptions as needed. Assume a market premium of 4. 5%. Make sure you state and explain your assumptions. I will use the equity beta of Ceridian (? =0. 9) to calculate cost of equity for FleetCor because the two companies are considered comparables. Assume the market has been operating efficiency, and according to CAPM: RE = RF + ? *MRP (whereas MRP: market risk premium= 4. 5%, and RF = 4. 27%, 5-year Treasury interest rate). So, RE = 4. 27% + 0. 79*4. 5% = 7. 825%. Another point of view, the company has projected to have very high growth 15%,18%,19%,19%,16% in consecutive five years so that Summit Partners may have to require more return on equity compensating for more risks if this projection failed. I assume that discount rate to be reasonably 18%. The below is my valuation: | |Fiscal Year Ending December 31, | | | |2001 CY |2002P |2003P |2004P |2005P | EBITDA in 2006 | |52,349 | | | | | | |Exit Multiple | |8 | | | | | | |Terminal Value (Firm Value at Exit) | |418,792 | | | | | | |Discounted Terminal Value | |183,058 | | | | | | |Total Present Value to Summit | |226,602 | | | | | | | | | | | | | | | | | | | | | | | | |Discount Rate using | |18% | | | | | | | 7. Look at Exhibit 7. What do you think of the multiples used? What do you think of the Irrââ¬â¢s? Explain and support your analysis. I think the multiples used are reasonable , even though, these multiples might be much below the average and the median of the industry overall, Summit should be conservative for an exit multiple of 8 in case there are some unexpected outcomes happened after the acquisitions and from them make the projection failed. The IRRââ¬â¢s are considered high profitable. Even in the worst case scenario, the EBITDA exit multiple is equal 6, Summit still make 23. 8 % in IRR which is over three times compares to the market at 7. 825%. 8. At this time would you support this transaction? Why or Why not explain. I would fully support this transaction because of the following reasons: 1) FleetCorââ¬â¢s management teams with high profile, experienced, and knowledge executives will make the companyââ¬â¢s high projection come true. ) The proposed acquisitions of the big seven licensees has been settled in basis, and soon become a very good deal for the beginning of this investment. 3) Base on my valuation given using the data in Summitââ¬â¢s projections, the NPV (Net Present Value) is way off the positive number showing that this is a very good project. 4) Even though, Summit might approach a conservative way to evaluate the EBITDA exit multiple of 8, the investment still yield a 31. 8% in IRR over the period of five years.
Wednesday, January 8, 2020
The Boy Who Dared By Susan Campbell Bartoletti - 1426 Words
The powerful and gripping novel The Boy Who Dared, written by Susan Campbell Bartoletti, is a Newbery Honor book. The novel is based on Helmuth Hubener who lived during the Holocaust when the Nazis were rising to power in 1933. Helmuth was one of the very few young boys who tried to expose Hitler to the people of Germany. Hitler was torturing the Jews and declaring wars on countries just because he wanted war. He also ruined Jewish shops and destroyed their futures. The Boy Who Dared shows historical accuracy in many ways, especially as it focuses on Helmuthââ¬â¢s life, the persecution of Jewish people in Germany and Poland, and Hitler and the Nazi Party. One of the major events in history that happened in my book is Adolf Hitler rising to power. Nazi leader Adolf Hitler was one of the most powerful and infamous dictators of the 20th century. After World War One, Hitler rose to power as the leader of the Nazi Party, taking control of the German government in 1933. He established concentration camps to kill Jews and other groups he believed would be a threat to Germany which resulted in the death of more than 6 million people in the Holocaust. Hitler killed so many Jews because he blamed them for Germany losing World War One. He called them less than human and wanted Germany to have a race of perfect people. Hitler had racial discrimination against Jews and other religions. He made laws that stated Jewish people have no rights. In the Boy Who Dared,Show MoreRelatedThe Boy Who Dared By Susan Campbell Bartoletti946 Words à |à 4 PagesI read The Boy Who Dared by Susan Campbell Bartoletti. The Boy Who Dared has 192 pages and was publish ed in 2008. Susan Campbell Bartoletti writes a lot of historical fiction book for younger audiences. She has also written book about the KKK, The Great Irish Famine, the Holocaust, Child labor, the Civil War, the Great Depression, and much more. Susan also writes young children s books such as, Nobodyââ¬â¢s Diggier Than a Dog and Nobodyââ¬â¢s Nosier Than a Cat. I chose The Boy Who Dared because I reallyRead MoreThe Boy Who Dared By Susan Campbell Bartoletti1426 Words à |à 6 Pagespowerful and gripping novel The Boy Who Dared, written by Susan Campbell Bartoletti, is a Newbery Honor book. The novel is based on Helmuth Hubener who lived during the Holocaust when the Nazis were rising to power in 1933. Helmuth was one of the very few young boys who tried to expose Hitler to the people of Germany. Hitler was torturing the Jews and declaring wars on countries just because he wanted war. He also ruined Jewish shops and destroyed their futures. The Boy Who Dared shows historical accuracyRead MoreAll Quiet On The Western Front By Erich Maria Remarque Essay2406 Words à |à 10 Pagesexperiences the ââ¬Ërealââ¬â¢ war in the trenches and feels disillusioned with war. He bitterly comes to terms that what exactly an enemy is. Paul and his friends become aware that the armies on the other side of the front are not their real enemies but are men who control the nations and ââ¬Ëabandonedââ¬â¢ the young men to the war simply for their own good (to increase their glory, power, status and money). They come to the conclusion that the humanity s need of war solely lies on humanityââ¬â¢s greed. One incident that
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