Tuesday, May 12, 2020
How Jews were Discriminated Against in Germany from 1933-1939
How Jews were Discriminated Against in Germany from 1933-1939 The discrimination of Jews was prevalent in Germany in the 1930ââ¬â¢s. Attacks on the Jews had occurred in Christian countries since the Middle Ages, but intensified between 1933 and 1939 due to the Reign of Hitlerââ¬â¢s power. According to Hitlerââ¬â¢s racial theories, the Jews deliberately planned to destroy the German people, as they did at the time of war. He influenced the Germans, that it was the Jews and such invalids, who caused the failure and collapse of Germany in World War I. The Germans, being in a vulnerable and desperate state, believed this, and subsequently, the beliefs of anti-Semitism in Germany increased. Hitlerââ¬â¢s wordsâ⬠¦show more contentâ⬠¦Those who were of German blood were citizens of the Reich; a Jew could never become a citizen of Germany. In September 1935, the Nuremberg laws were created, which stated that relationships between Jews and German citizens were forbidden, and that Jews were not allowed to vote. Over the next 5 years, Jews had to change their family names, and were forced to have certain names depending on whether they were male or female. The Reich Minister of Education expelled Jewish children from German public schools, and instead, they were sent to Jewish schools. Jews were socially prohibited from taking part in communal activities; a law was made to ban Jews from all public recreational places; theatres, museums, amusement and sports parks, and public and private bathing establishments. Jews suffered economically as the Nazis urged Germans to boycott Jewish shops and stores. They chalked slogans everywhere to try to enforce the boycott: ââ¬Å"If you buy from a Jew, you are a traitor to your countryâ⬠. . On the 9th November, the Nazis launched a government campaign against the Jews, after a young Jew murdered the German diplomat, Herr von Rath, in Paris. His death led to Kristallnacht, where, in Germany, the murder had triggered scenes of systematic plunder and destruction. Every synagogue wasShow MoreRelatedWorld War II : A Very Historical Event For Our Nation1266 Words à |à 6 Pagessociety, from military tactics to the way nations forge their government. World War II started in the year 1939, and ended in the year 1945. So many tragic things happened during so such as killings, rape, and torture which is what helps make our world what it is today. Europe was very unstable after World War I when Hitler came into power of Germany. Hitler saw the poverty and desperation of the nations and saw it as a perfect state for him to go to power. Hitler became Reich Chancellor in 1933, thenRead MoreHitler and the Nazi Partys Total Control Over the Lives of German People from 1933-19451670 Words à |à 7 PagesHitler and the Nazi Partys Total Control Over the Lives of German People from 1933-1945 In Germany, they came first for the Communists, and I didnt speak up because I wasnt a Communist. Then they came for the Jews, and I didnt speak up because I wasnt a Jew. Then they came for the trade unionists, and I didnt speak up because I wasnt a trade unionist. Then they came for the Catholics, and I didnt speak up because I was a Protestant. Then they came for me, andRead More Holocaust Essay1246 Words à |à 5 Pagestoday. Contemporary people wonder just how it happened, how could a people be systematically killed, tortured, murdered. The answer will probably never be found, but future generations can avoid something like the Holocaust by studying it, and never forgetting. The Naziââ¬â¢s did not start out with ââ¬Å"The Final Solutionâ⬠, which did not come till later. The first step on the path to that solution was the Nazi decree defining a non-Aryan as anyone descended from non-Aryan, especially Jewish, parentsRead MoreThe Nazi Regime Of The Weimar Republic And The Creation Of A Terror State2236 Words à |à 9 PagesOn 30th January 1933, through ruthless determination, Adolf Hitler became Germany s 24th Chancellor, bringing the totalitarian Nazi party into power and creating a fascist Nazi State. Ultimately this led to the collapse of the Weimar Republic and the creation of a terror state, in which the German society was forced to conform to the regime due to the excessive use of violence, fear, and intimidation. The Nazi regime created various economic benefits, which served to disguise the detrimental effectsRead MoreWomen in Nazi Germany1548 Words à |à 7 PagesThe women in Nazi Germany had a very specific role set up for them. The sp ecifications of their job consisted of revolving around their house duties, their husbands and their children. Most of the income in the family would come from the husband, while back at home, the women would tidy up and keep everything in place. The encouragement of marrying at a young age, and getting a proper family dates back to 1933, from when Hitler first rose to power, and the Law for the Encouragement of Marriage wasRead MoreThe Holocaust Was A Genocide Of More Than Five Million Jews2425 Words à |à 10 Pagesthere were many Jews, blacks, and others killed because of the Nazi regime. These were all crimes because of how racist and prejudice Hitler and the Nazis were to the people they targeted. The problems with racism and the discrimination against these people, left the country in a bad place and many had to step in. My paper will talk about the Holocaust and how the ethnicities and groups of people, in the Holocaust were discriminated against. The Jews, gypsies, handicap ped, and homosexuals were discriminatedRead MoreFascism to Genocide - 968 Words à |à 4 PagesTodd Strasser, illustrates how easily one can plummet into autocratic behaviors. In the book, Strasser depicts an experiment conducted by a history teacher. The experiment was conducted in order to enlighten the students on the Holocaust (Strasser 26). During the Holocaust, the German dictator, Adolf Hitler, was lured in by the power that an autocratic society provides. He and his group, the Nazi Party, captured and executed millions of Jews in order to benefit Germany with ethnic cleansing. TheRead MoreThe Holocaust Essay2488 Words à |à 10 PagesThe Holocaust of 1933-1945, was the systematic killing of millions of European Jews by the National Socialist German Workerââ¬â¢s Party (Nazis) (Webster, 430). This project showed the treacherous treatment towards all Jews of that era. Though many fought against this horrific genocide, the officials had already determined in their minds to exterminate the Jews. Thus, the Holocaust was a malicious movement that broke up many homes, brought immense despair, and congregated great discrimination. The HolocaustRead MoreWar Is A Human Experience That Affects People Essay1559 Words à |à 7 PagesHolocaust, but is also an artist who drew images of the situation and victims that were caught up in this horrific event. Through her artworks, Birkin is able to vividly portray her experiences and put on to canvas what happened to the Jews during the Second World War. Her paintings allow individuals to see the conditions during the wa r that left many people in pain and scarred for the remainder of their life. In 1933, the rise of Hitler to power initiated the advent of the Holocaust. He instilledRead MoreThe Discovery Of Penicillin During The World Of Medicine2931 Words à |à 12 Pagesin London (Penicillin). After coming back from a two week vacation, Fleming noticed a mold had developed on an accidentally contaminated staphylococcus culture plate (Penicillin). Upon examination of the mold, he noticed that the culture prevented the growth of staphylococci. Fleming had discovered the world s first antibiotic. Significance: The discovery of penicillin changed the world of medicine enormously. With its development, diseases that were previously severe and often fatal, such as
Wednesday, May 6, 2020
The Stolen Generation Free Essays
With a sudden jerk, squealing of the brakes and a loud puff of the steam engine, the train shunted forward. Fear gripped my heart. Barry and Widdy had bewildered looks on their faces, glancing at me and then at each other. We will write a custom essay sample on The Stolen Generation or any similar topic only for you Order Now I stared out of the window as we slowly pulled out of the station. I was very confused by all the women standing on the platform watching us and wailing. Then I saw her. There was my mum in her only good blue dress standing next to my aunts with tears rolling down their cheeks too fast to wipe away. Then mum waved a white hanky and I pressed my face against the window pane as hard as I could, watching her. Watching until her blue dress faded into a tiny dot of colour. I looked back at the station for as long as I could until she was out of sight. (Meehan, 2000, pg31) This extract from Donna Meehanââ¬â¢s autobiography, ââ¬ËIts no Secret,ââ¬â¢ recounts a major event in her life. Like many aboriginal children during the 19th century, she was taken away from her family, taken away without an explanation to a so called better place, a place where she could take up a European way of life, learn to be read and write and blend into society, a place that would make her forget her Aboriginal culture, forget her family and finally forget her true identity. This essay will outline the origins and operations of the removal policy. The practice of taking Aboriginal and Torres Strait Islander children began as early as 1804; however the removal of aboriginal children only became legal in 1905, under the Aborigines Act in Western Australia. This legislation authorised the removal of all aboriginal children and meant that a Chief Protector was made the legal guardian of every Aboriginal and ââ¬Ëhalf-casteââ¬â¢ child under the age of twenty-one. These children were then sent to missions and settlements, where it was proposed that their living standards would improve. Chief Protector Cook assured in 1911; ââ¬ËChildren are removed form the evil influence of the aboriginal camp with its lack or moral training and its risk or serious organic infectious disease. They are properly fed, clothed and educated as white children; they are subjected to constant medical supervision and in receipt to domestic and vocational training. ââ¬Ë However Xavier Herbert, and acting superintendent of the Darwin Half-Caste Home stated his experiences mentioning that ââ¬Ë the porridge was cooked the day before, already sour and covered in mould, and when doused with thin milk, gave up the corpses of the weevils by the score. The bread was even worse, stringy grey wrapped around solid glue, the whole cased in charcoal. ââ¬Ë This recount of the living conditions of aboriginal children during the 90ââ¬â¢s clearly shows that although it has been encouraged for us to believe that the separation of Aboriginal children from their parents, families and communities during the 19th century was in the best interests, it has simply become known to many as one of the most disturbing epochs in Australiaââ¬â¢s history. According to the official government report, at least 30,000 children were removed from their parents, and this figure may be substantially higher as the report notes that formal records of removals were very poorly kept. Percentage estimates state that 10-30% of all Aboriginal children born during this seventy year period were removed. During the late 19th century the educated opinion in Australia seems, to have generally been of the view that the full-blooded Aborigine represented a dying race, destined to extinction. In the first decades of the twentieth century the emergence of mixed decent children became apparent, these children being; born to Aboriginal mothers who had had sexual encounters with European and sometimes Chinese or Pacific Islander males. Immediately these children were labelled half-caste by Australian settlers and were viewed as a growing fearful social problem. On the ââ¬Ësocial ladderââ¬â¢ in the early years Europeans held the highest rung and the Australian Aborigine held the bottom, this meant that any union made between European and an Aboriginal that resulted in progeny was looked upon with total disgust and alarm. Statistical evidence during these years showed although the full blooded Aborigine was dying out, the number of half caste children was booming, so much so that at the time it was thought that in fifty to a hundred years Australia would be threatened by a population of several hundred thousand Aborigine-European hybrids. To stop this problem eventuating legislation was put into place to enable the removal of Aboriginal and half caste children from their families and communities. In all states and territories policeman and other agents began to locate and transfer babies of mixed decent, from their mothers into institutions. It was thought that if these children grew up in an institution away from their family where they where taught to despise their aboriginal inheritance and forced to forget their Aboriginal culture then mixed descent and aboriginal children would blend into the industrial sector of Australia and hopefully marry white Australian settlers, have children and eventually their aboriginality would be bred out, leaving behind a ââ¬Ëpureââ¬â¢ white Australian race, this process was known as assimilation. It then must be asked was the removal of Aboriginal children done in the best interests of the child or was it simply done in the best interests of Australia. (Appendix one: OHT CARTOON ââ¬â ââ¬Å"WEREââ¬â¢ DOING THIS FOR OUR OWN GOOD. ââ¬Å") Although we may not know it, we have all been influenced by society in one way or another to believe that our culture and way of life are superior to all others. This attitude, commonly referred to as racism has occurred for many years amongst different generations and cultures and would have been particularly prominent in the early 19th century. It was believed in this specific era that everything revolved around the Great Chain of Being and according to this concept everything was put into a particular order according to their importance to the rest of the world. It was thought at the time that the Aborigine (appendix two: OHT WITH HEADS ON IT), was the ââ¬Å"lowest and most degraded of the human species,â⬠and with this idea deeply engrained into the minds of all the early white settlers it is easy to comprehend how they at the time, assumed that a white life would be beneficial for all Australian Aboriginal children. It is simple to see how this assumption was reached when the settlers observed the living standards of the Aboriginal people. (Video: TIMEFRAME: 1967 ââ¬â CITIZENS AT LAST) Although the overall main objective was to try and breed the Australian Aboriginal out to a point of extinction in order to achieve a pure white Australia, there were many who believed that taking aboriginal children from their families was actually in their best interests. The settlers honestly believed that a white life had so much more to offer in the means of employment, social status, living standards and opportunities and when they saw malnourished aboriginal children with weepy eyes and flies in the corners of their mouths they became convinced that their assumptions were correct. Many stolen Aboriginal children had a happy life with their white parents and gained in many ways from a European upbringing. For instance Sally Kid who was one of the stolen children stated that she ââ¬Å"was very fortunate when she was removed from her family as she went to very loving and caring parents and she believed that the love was mutual. â⬠There were many children who were treated appropriately and many white foster parents raised their aboriginal children as if they were there own, however one should stop and think of what effect this had on Aboriginal mothers who missed out on important parts of their childââ¬â¢s lives. (Appendix three: OHT ââ¬â ââ¬Å"MOTHER AND NO BABYâ⬠) Apendix four: STATISTICS SHEET) The social impacts of forced removal have been measured and found to be quite severe. This study found that there have been no improvements in the social position of ââ¬Å"removedâ⬠Aborigines as compared to ââ¬Å"non-removedâ⬠, particularly in the areas of employment and post-secondary education. Most notably, the study indicated that removed Aboriginals were actually less likely to have completed a secondary education, three times as likely to have acquired a police record and were twice as likely to use illicit drugs. The only notable advantage ââ¬Å"removedâ⬠Aboriginals possessed was a higher average income, which the report noted was most likely due to the increased urbanisation of removed individuals, and hence greater access to welfare payments than for Aboriginals living in tribal communities. In the 1970ââ¬â¢s the removal of aboriginal and half cast children began to stop and organizations were set up to return stolen aboriginal children to their rightful families. It was not until September 1994 that the first legal suit went forward in regard to the stolen generation. Aboriginals that had been taken from their parents during the decades of the assimilation policy prepared a landmark High Court case alleging that Australian governments practiced genocide in breach of the United Nations international convention. Many legal suits have gone through the courts since that particular time, however a final resolution has not yet been reached. In conclusion I believe that there are many plausible arguments from both those of the stolen generation and those who condemned the removal. From a maternal aspect I believe that it was immorally wrong to take aboriginal and half-caste children from their mothers and families however, it is easy to understand how looking through racist spectacles one could see their race as superior to all others, and in thinking this, assume that it would be in the best interests of the inferior race to adopt the culture of the advanced. The stolen generation is a very delicate topic which still today evokes many different kinds of emotions. The distressing factor of this issue is that it will never be fully resolved, as some Australian aborigines are genuinely thankful for a white upbringing and then there are others who still dispute it. The removal policy was simply a well intentioned plan that went horribly wrong, however one thing can be assured, those who were removed from their families will be remembered by both Aboriginal and White Australian communities for many more generations to come. How to cite The Stolen Generation, Papers The Stolen Generation Free Essays Explain the Stolen Generation (when did it occur/who was responsible and why government officials believed they were justified in taking these actions). The Stolen Generation was a very lonely and depressing time for the indigenous people of Australia. It lasted an overwhelming 60 years in which an estimated 100 000 aboriginal and Torres Strait Islander children were forcibly removed from their families and land to be raised in homes or adopted by white families. We will write a custom essay sample on The Stolen Generation or any similar topic only for you Order Now This Policy was designed to ââ¬Ëbreed outââ¬â¢ Indigenous people until there was none left. These children became known as the ââ¬ËStolen Generationsââ¬â¢. The forced removal of these Indigenous children became an official government policy from 1909 to 1969. However these acts of removing Indigenous children from their homes occurred before and after these dates. The Aborigines Protection Board (APB) managed this removal policy; Governments, Churches and welfare bodies all took part in this operation. The Government gave the APB the power to forcibly remove Indigenous children without parental consent and without a court order in 1909. Children were to be fixated to an institution or mission dormitory, fostered or adopted. The Government under the White Australia and Assimilation Policies tried to encourage Aboriginal and Torres Strait Islander people who were not of pure blood to become incorporated into the broader community of white Australianââ¬â¢s so that eventually there would be no Indigenous people left. At the current time the white Australians thought they were superior to the Indigenous people and that they were doing them a favour by giving them an education and clothing them, even though they only educated them to a certain extent so that they could work as labourers or servants. Children were extracted from their Indigenous culture so they could be brought up white and ââ¬Ëtaughtââ¬â¢ to reject their Aboriginality. These children were distributed to institutions and from roughly the 1950ââ¬â¢s were also allocated to white families. The APB only educated the Aboriginal children so that they could become labourers or servants, so their education was very poor. They did not educate them to a satisfactory ââ¬Ëwhiteââ¬â¢ standard because the white people could stay in power and hold the higher positions in society. The Aboriginal girls that were forcibly removed from their families were sent to homes and facilities authorized by the Board to be trained in domestic service. The white people did not understand or respect the Aboriginal people or their way of life, this also meant that the people who supported the policy thought they were doing the ââ¬Ëright thingââ¬â¢. Some of these people also believed the aboriginal people lived impecunious and unrewarding lives and that the institutions they were placed in would be a more appropriate environment in which the Aboriginal people could better themselves. The white people thought the Aboriginals were stupid and had no tools or houses and could not provide for themselves. When in-fact they were just so blind to the fact that the Aboriginal culture was based off living as one with the earth and the white people couldnââ¬â¢t perceive and accept their way of life. The dominant, bigoted racist views that were part of the white society and government at the time also meant that people believed that Aboriginal people were bad parents and that the Aboriginal women did not feed or look after their children accordingly. They didnââ¬â¢t realize that the Indigenous people lived of the land and used the nuts and plants for medicine, they only took what they needed from the land. They were not greedy, unlike white people who harvested massive crops and wore fancy clothing. So the white people took it upon themselves to try and exterminate the aborigines by breeding them with white people until there was none left. No one really knows how many Indigenous people were taken from their homes and lands, because most records of this tragic time have been lost or destroyed. Countless parents never saw their children who were stolen from them, siblings were prepensely separated from each other and most never saw each other again. To this day many Aboriginal people do not know who their relatives are or have been unable to track them down due to this appalling and shameful policy Australia enforced in an attempt to assimilate the Aboriginal population during 1909-1996, meaning that even today there are Aboriginal people as young as their late 40ââ¬â¢s and 50ââ¬â¢s who are members of the Stolen Generation. ) Discuss the varying experiences members of the stolen generation had; including where they were taken and the conditions in which they lived. Experiences throughout the stolen generation vary quite allot, especially gender wise, generally the men found it difficult and tried to escape from where they were sent. On the other hand the women generally had lots of fond memories although it was very difficult at the time because they were separated fr om their parents at a very young age. Depending on wether you were female or male, you would be taken to different locations, the women were often taken to farms as servants and waiters, the men were normally taken to institutions where they would be trained to become labourers. Both genders were at first taken to missions that were usually religious based. At these missions they would be taught how to speak and dress like a white person. Once they were of a satisfactory standard, they would be placed in different locations, women as maids, servants and cooks and the men as stockmen, labourers or other tedious jobs. Even though they had jobs, the Aboriginal workers would not get paid. If they were lucky they would be left in their country ( their land/are they called home), this was very important to them because their country was part of their life. In the Aboriginal community they believe that being on country is a nurturing experience for them, in other words if they look after their country, the country will look after them. Its their duty to look after the land, and when they are separated from it, they cannot do this, which brings them great suffering and pain. From the point in which they were taken and separated from their family, friends and country, they were not permitted to speak their own language and could only speak English, if they did speak their own language they were severely punished. They had to dress and behave like white people. They were displaced, their whole culture was stripped from them, they were put into a situation on a cultural level to survive, and were totally at the mercy of the white people. My Grandfather is an Anthropologist (Gary Watson) and has spent the last 8 years in Western Australia working with the Wadjarri Yamatji tribe. In the Wadjarri language Yamatji roughly translates to Aboriginal. One of his friends from the tribe is a member of the stolen generation and gave my grandfather some examples of the cultural displacement he went through; when he was first taken from his land and family he had a girlfriend, and he would constantly escape from the institution to go and see her. They would always come and take him back, he could not understand why they would want to keep him from her. He was severely punished every time he escaped but he continued to escape to go and see her. Another experience he told my grandfather was when they told him to sleep inside the house, for him this was absurd. why would he sleep inside, he had never slept inside his whole life. To this day he hates sleeping inside, even in a little tin shed when theyââ¬â¢re out in the bush. Allot of the Aboriginals couldnââ¬â¢t and still cant understand why the white people would want to take them away and confine them and tell them not to be themselves. All these experiences have left a lasting impression, to this day these experiences affect the members of the stolen generation. Lots of the men get very angry when u bring the topic up, more so because they were done wrongly just because they were black. Bibliography Reference Material My Grandfather is an Anthropologist (Gary Watson) Spent last 8 years in Western Australia working with the Wadjarri Yamatji tribe. Horton, David, The Encyclopaedia of Aboriginal Australia, Aboriginal Studies Press, Volume 1, 1994 The World Book Encyclopaedia, World Book, North Michigan, Volume 1, 2005 The Australian Encyclopaedia, Australian Geographic Society, Sydney, Volume 1, 1988 History Books Barwick, John and Jennifer, Aboriginal Australia, Heinemann, Melbourne, 2009 Bird, Carmel (ed), The Stolen Generation, Random House, Sydney, 1998 Internet Source http://reconciliaction. org. au How to cite The Stolen Generation, Papers The Stolen Generation Free Essays The stolen generation â⬠¦. The degradation and the sheer brutality of the act of physically separating a mother from her children is a deep assault on our senses and on our most elemental humanityâ⬠¦. The stolen generation is the name given to the generation of aboriginal and Torres strait islander children that were removed from their families and placed into institutions where they were forced to forget their aboriginality. We will write a custom essay sample on The Stolen Generation or any similar topic only for you Order Now These children were then given a poor education and were sent into the homes of white Australians to be servants or labourers. The government and churches around Australia had an ignorant and uneducated view about the native aboriginals and how they chose to live. They thought that aboriginal families lived poor and unrewarding lives; they believed they were doing the right thing and were helping the children by removing them from their homes and families. They believed that aboriginal people were bad parents and that the women did not look after their children. No records were kept of the children that were taken and siblings were deliberately separated, today many people do not know where or if they have brothers or sisters out there. This had destroyed families and torn them apart. They were forced to go through the unimaginable and were treated as slaves. You and me, we were not direct causes of this. This was our ancestors. A generation before we were born. We had not yet even existed when this was happening all over Australian yet it took all these years for an apology to be given to the people of the stolen generation On the 13th of February 2008 the prime minister Kevin Rudd apologised on behalf of all of Australia for the way that the people of the stolen generation were treated. This is what he said: ââ¬Å"We apologise especially for the removal of Aboriginal and Torres Strait Islander children from their families, their communities and their country. ââ¬Å"For the pain, suffering and hurt of these Stolen Generations, their descendants and for their families left behind, we say sorry. ââ¬Å"To the mothers and the fathers, the brothers and the sisters, for the breaking up of families and communities, we say sorry. ââ¬Å"And for the indignity and degradation thus inflicted on a proud people and a proud culture, we say sorry. ââ¬Å" How to cite The Stolen Generation, Papers
Friday, May 1, 2020
Palms Hospital Analysis Essay Example For Students
Palms Hospital Analysis Essay | Palms Hospital| Memo To: From: CC: Date: Re:Ambulatory Surgical Center Executive Summary The Palms Hospital is considering an expansion project that would utilize land previously purchased. By expanding into ambulatory surgical services, the hospital has the opportunity to increase revenues and capture market share in this area. Investigation in the NPV of the project and a scenario analysis reveal that the project would be profitable. Debt Financing This project will most likely involve debt financing. This means that interest expense would occur and should be taken into account in the analysis of the project. Interest expense is a cash expense and is automatically included when the net cash flows are adjusted for the time value of money. If you added interest expense into the cash flows outlays, it would get counted twice. Interest expense affects the amount of income taxes; it must be used in calculating income tax expense before subtracting it from cash flow outlay. Thus, interest expense would be accounted for by the cost of capital since the interest expense would be a cost associated with borrowing money for the project. The 10% cost of capital includes the cost of debt financing. What to do with the Land The $150,000 that the hospital paid for the land five years ago should be considered a sunk cost because it is a cash outlay that already occurred. Since it has been irrevocably committed, it is an outlay that is unaffected by the current decision to accept or reject the proposed ambulatory surgery center. It is a non-incremental cash flow that is not relevant to the analysis. However, now that the land is valued by the market at $200,000, it is an opportunity cost of accepting this project. If the hospital uses the land for the project, it cannot sell the land and therefore $200,000 is foregone. Additionally, if the hospital uses the land for the surgical center, it cannot be used for another project. The value of the land should not be disregarded as there is an opportunity cost inherent in the use of the property. For Palms Hospital, the opportunity cost is the cash flow that could be realized from selling the property. Thus, the ambulatory surgical center should have an opportunity cost of $200,000 charged against it. Overhead Costs The overhead costs that should be included are incremental overhead costs for the hospital associated with the new surgical center. In this case, it states that the hospitalââ¬â¢s cash overhead costs will increase by $36,000 annually. Thus, this would be the amount of overhead cost to be included. The case does say that an additional $25,000 would be allocated, but this is a re-distribution of administrative overhead costs and not an incremental addition. Therefore, it should not be included in the project analysis since it is not increasing the hospitalââ¬â¢s overall overhead costs. Inpatient Surgery Cannibalization The effect of the surgical center project will have on other business projects should be considered. When the effect is negative, it is called cannibalization, because the project is expected to reduce other revenue sources within the business. The chief of medicine reported that the surgical center would negative impact up to $1,000,000 in cash revenues annually as patients used the new surgical center instead of other services offered by the hospital. This means that the incremental revenues from the new surgical center are the revenues attributable to the new center, less the revenues lost from forgone surgery services. However, expenses should also be considered. The costs saved due to the reduction in patient volume of other surgical services would be a benefit of having the new surgical center. Hence, these cost savings should be considered in the analysis. However, if it is believed that surgical patients would be lost to another entity entering the local ambulatory surgery market, then the loss of these patients would not affect the new surgical project at all because these losses would occur regardless of the project being accepted. Sensitivity Analysis Achondroplasia EssayAlso cash flows expected in the distant future are generally more difficult to forecast than near-term cash flows, so shorter payback projects are generally less risky than those with longer paybacks. Therefore, payback is often used as a rough measure of a projectââ¬â¢s liquidity and risk. For Palms Hospital, the payback period is the quickest with best case, followed by the most likely case, then the worst case. Net Present Value, NPV, is a profitability measure that uses the discounted cash flow technique. An NPV of zero signifies that the projectââ¬â¢s cash inflows are just sufficient to return the capital invested in the project and provide the required rate of return on that invested capital. If the NPV is positive, then it is generating excess cash flows, and these excess cash flows are available to management to reinvest in the firm. If a project has a negative NPV, its cash inflows will not ever recover the invested capital, so the project is unprofitable and acceptance would cause the financial condition of the business to deteriorate. For Palms Hospital, the NPV is the highest with best case, followed by the most likely case, then the worst case. Internal Rate of Return, IRR, is another profitability measure that yields the projectââ¬â¢s profitability or expected rate of return as opposed to the projectââ¬â¢s dollar profitability given by NPV. IRR is the discount rate that equates the present value of the projectââ¬â¢s expected cash inflows to the present value of the projectââ¬â¢s expected cash outflows. If the IRR exceeds the projectââ¬â¢s cost of capital, a surplus remains after recovering the invested capital and paying for its use, and this surplus accrues. Reversely, if the IRR is less than the project cost of capital, then taking the project impose a cost on the organization. To have a positive NPV, the projectââ¬â¢s IRR must be greater than its cost of capital, and a negative NPV signifies a project with an IRR less than its cost of capital. For Palms Hospital, the IRR is the highest with best case, followed by the most likely case, then the worst case. Projects that are deemed profitable by the NPV method will also be deemed profitable by the IRR method. Therefore, NPV and IRR are perfect substitutes for one another in estimating whether a project is profitable or not. In general, academics prefer the NPV profitability measure. This preference stems from two factors: NPV measures profitability in dollars, which is a direct measure of the contribution of the project to the value of the business, and both the NPV and IRR, because they are discounted cash flow techniques require an assumption about the rate at which project cash flows can be reinvested, and the NPV method has the better assumption ââ¬â reinvestment at the cost of capital is a better assumption than reinvestment at the IRR rate, so NPV is a theoretically better measure of profitability than IRR. The returns from capital reinvested within the firm are more likely to be around the cost of capital than at the projectââ¬â¢s IRR. Typically, an organization can obtain outside capital at a cost roughly equal to the cost of capital so cash flows generated by a project could be replaced by capital having this cost. This was also seen in the case with Palms Hospital and the ambulatory surgical center. Recommendation Upon analyzing the NPV, it is recommended to proceed with the project. The IRR and payback period also reveal the potential profitability of the project. A scenario analysis revealed that the NPV of the project is greatly dependent on the number of procedures performed by the surgical center. The Palms Hospital should ensure that appropriate assumptions were made as to how many procedures could be performed. If competitors are expected to enter, then the hospital should re-evaluate the number of procedure that could be performed and try to capture the bulk of the market. Management needs to be sure that bias hasnââ¬â¢t entered the analysis and overstated the forecasted number of procedures because this would exaggerate the profitability of the project.
Sunday, March 22, 2020
Thursday, March 5, 2020
Iraqs problems essays
Iraqs problems essays The topic I choose was Iraq and its past and still ongoing problems with the United Nations. The reason I choose this topic as oppose to another topic is war and the United Nations has always fascinated me. With Saddam Hussein still being stubborn with UN weapons inspectors it was incredibly easy to obtain information regarding this topic. The Los Angles Times; California; Feb 12 2000; The newest article I attained was from the February 12 edition of the Los Angles Times. It was entitled Compromise Broached on issue of Arms Inspectors in Iraq. It discussed how Iraq is still refusing to allow the UN weapons inspector into the nation. It also talks about the UN feelings on the chance of inspectors ever being allowed to do their job. Apparently the Vice President has no intention of ever letting the inspectors into the country. Last Thursday he said, There shall be no return of the so-called inspection teams. We reject the infiltration by spies using such cover. In my humble opinion it would make life in Iraq better if the inspectors where just allowed into the country. Most importantly sanctions the UN has placed upon Iraq would be removed. Apparently the really dont care about the sanctions according to their deputy foreign minister Nizar Hamdoun who said they can live without sanctions forever. The UN has a different opinion they believe they cannot. I believe they can, they have done fine up to this point and I think they will continue to do fine. I think Iraq has many things they dont want the UN to know about such as chemical and biological weapons. They are a threat and need to be dealt with accordingly. New York Times; New York; Feb 8, 2000; Barbara Crossette The next article I choose was from the February 8 issue of the New York Times. This article was entitled Iraq Suspected of Secret War Effort. This article sort of scared me. It was ab...
Tuesday, February 18, 2020
Vidkon Quisling Essay Example | Topics and Well Written Essays - 1750 words
Vidkon Quisling - Essay Example underlying dynamics of the rise of Nazi Germany, Hitler, and the occupation of Norway and other European countries during this pivotal period in the history of the involved countries, and Europe in general. The historical records identify Quisling as belonging in the halls of infamy, having been tagged as one of the most prominent traitors from the Second World War. He served as a puppet head of Norway during the Second World War, starting in 1942, with the Nazis propping up his rule, and as a representative of Nazi rule in the country. The elected head of Norway during this period was forced to go into exile in Great Britain, a social democrat in Johan Nygaardsvold, even as Quisling held on to power all the way to the end of the war. After that, with the Nazis defeated and driven out of the country, Quisling would go on to be tried and convicted of high treason, for which he was sentenced to death by firing squad. Quisling has, since that time become associated with the word traitor in the English language, and in other major European languages besides, attesting to the notoriety that the man gained in the historical records and the collective memory of all Europeans from that time onwards to the present. Among his many crimes, for which he was put to death, was collaboration with the Nazis in transporting the Jews in Norway during his time and bringing them to their death in the concentration camps. Prior to his ascension to power in Norway, he had already developed anti-Jewish sentiments, and among his other crimes included deposing the legally installed government as well as the Norwegian monarchy from power from 1942 onwards. In the 1930ââ¬â¢s too, Quisling had already established a party that was allied with the Nazi cause in Norway, planting the seeds of his later collaboration with Hitler when he tried to seize power on behalf of Nazi Germany in 1940. Prior to this time Norway had been neutral, and this act and his collaboration with Nazi Germany eff ectively
Monday, February 3, 2020
ANNOTATED BIBLIOGRAPHY Essay Example | Topics and Well Written Essays - 1000 words
ANNOTATED BIBLIOGRAPHY - Essay Example The use of social media, specifically Twitter has encouraged EFL/ESL learners to openly express themselves in their acquired language without fear of reprimand or ridicule from those around them, or their teachers (Junco, 2011). Students are more at home in this virtual environment and find themselves openly using the written English language to express themselves in an atmosphere where they can double check their grammar and spelling before sending out any message. The ability to ensure that communication is fluent as well as making sure that that the social posts are conveying some important messages makes Twitter an effective teaching tool for written English. The aim of this of this paper is to review current findings regarding the possible benefits of using Twitter as a written English teaching tool. The technology allows for a greater vocabulary acquisition among students through the effective use of Twitter in the practice of their written English skills (Junco, 2011). In this paper, a detailed review of the six articles is done. The articles define the reasons as to why Twitter makes for an effective teaching tool for written English with respect to EFL and ESL learners. Borau, K, et al. (2009). Micro-blogging for language learning: using twitter to train communicative and cultural competence. Advances in web-based learning - icwl. Berlin/New York: Springer Berlin Heidelberg Borau's article begins with an introduction to the fact that most English learners use Twitter as an active way of learning rather than a passive version. The author goes on to explain that students taught using various types of technologies have shown a remarkable improvement in their grasp and usage of the English language due to their ability to constantly practice the written version of the language online via Twitter. The specific mention of Twitter in the study was done in relation to a specific study done at the Shanghai Jiao Tong Distance College where ESL students were taug ht via online correspondence for a whole summer term in 2007. The article is very interesting as far as Twitter effect on written English is concerned. It is easy to agree with the article because the results of the experiment were quite successful and pointed towards the ability of Twitter to allow students to learn how to express themselves in effectively in English using only 140 characters. Cano, E. (n.d.). Mobile learning with twitter to improve linguistic competence at secondary schools. The New Educational Review, 134 -147. This article entails a study that was done within three school districts in Spain. In each school district, Twitter was used as part of the interdisciplinary program to develop linguistic competence among learners. Twitter was used as the main communication tool in this instance and it proved to be highly promising as a teaching tool for written English. In the article, Cano concluded that Twitter managed to promote a substantial improvement in terms of te aching and learning for both teachers and students respectively. This happened especially when the language is studied from a reading and writing perspective. It is agreeable with the author in the sense that he made mention of the ready availability of Twitter through various mediums such as tablets, laptops, and mobile phones which encourage students to practice their ESL writing skills during
Subscribe to:
Posts (Atom)