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India is second largest producer of cement - Free Essay Example
Sample details Pages: 6 Words: 1818 Downloads: 1 Date added: 2017/06/26 Category Finance Essay Type Narrative essay Did you like this example? After china, India is the second largest producer of cement with approx capacity of 151 million tonnes every year to be a gigantic industry. As govt. of India promotes better infrastructure in every sector, the cement industry is growing at a very faster pace and is analysed a big booming industry in future, it is predicted that cement production will rise to 236 MT in FY11. 70% of the total cement production in India is produced by around 20 big players e.g.- Acc, ultratech, Birla, jaypee, india cements, Gujarat Abuja, century cements, madras cements, Grasim . Donââ¬â¢t waste time! Our writers will create an original "India is second largest producer of cement" essay for you Create order In the early 1889 a small Kolkata based company started manufacturing in India. After the first World War the importance and thrust of this industry was known and started to grow in terms of installation, capacity, production and manufacturing units. This stage was referred to as the Nascent Stage of Indian Cement Industry. In 1927, Concrete Association of India was set up to create public awareness on the utility of cement as well as to propagate cement consumption. In 1956 price and distribution control system was established for the industry to make fair prices for the customers and manufacturers. A couple of years later, government introduced a three-tier pricing system with different pricing on cement produced in different cost plants. BACKGROUND AND S.W.O.T ANALYSIS OF J.K CEMENT Ãâ ââ¬â¢Ãâà J.K cement is a part of J.K ltd which was founded by Lala Kamlapat Singhania. Ãâ ââ¬â¢Ãâà First commercial cement production in 1975 at nimbahera (Rajasthan) with production capacity of 0.3 million tonnes Ãâ ââ¬â¢Ãâà Commissioned a second grey cement plant at our Mangrol plant in 2001, with a production capacity of 0.75Ãâà Ãâ ââ¬â¢Ãâà White cement plant was completed in 1984 with a capacity of 50,000 tons. Ãâ ââ¬â¢Ãâà One of the largest producers of cement in northern india STRENGHTS Ãâ ââ¬â¢Ãâà Holds export market in Nigeria, Bangladesh, Singapore, Tanzania, Sri lanka, south Africa, Nepal and UAE. Ãâ ââ¬â¢Ãâà Producer of high quality white and grey cement. Ãâ ââ¬â¢Ãâà Backed by state of the art technology and highly skilled labour or manpower. Ãâ ââ¬â¢Ãâà Strong brand name and quality of products Ãâ ââ¬â¢Ãâà Follows extensive marketing with excellent distribution network. Ãâ ââ¬â¢Ãâà Holds a good knowledge in the cement industry, with advanced working models developed buy technical experts Ãâ ââ¬â¢Ãâà Experienced and stable management structure with a focus on corporate social responsibility. Weakness Ãâ ââ¬â¢Ãâà Unable to match the production capacity of the other big competitors in the industry. Ãâ ââ¬â¢Ãâà Need of more capital requirement for more projects and plan expansion. Ãâ ââ¬â¢Ãâà Less mergers and acquisitions than other companies to build a healthier network. Opportunities Ãâ ââ¬â¢Ãâà Strong and rapid growth of economy focusing on to build infrastructure would give a rise in the revenues to the companies Ãâ ââ¬â¢Ãâà New upcoming plans and strategies by private and public sector will increase the demand of cement in future as predicted by the experts. Ãâ ââ¬â¢Ãâà Advanced technologies adapted by the company would play vital role in reducing the cost of production and time consumption. Ãâ ââ¬â¢Ãâà Government liberalisation and relaxation in the duties will make the company more profitable. Threats Ãâ ââ¬â¢Ãâà Easy entry by new companies offering lower prices. Ãâ ââ¬â¢Ãâà Inflation in the country gives price rise to the production which can give fall in the demand. BACKGROUND AND S.W.O.T OF ULTRA TECH CEMENT Ultra tech cement is a part of Aditya Birla group which was incorporated on 24 august 2000 as LT cements which demerged and vested in the year 2004 later management tools were operated by Grasim, together with this new company it later on become the largest cement producer in india. Ãâ ââ¬â¢Ãâà In 2004 14 Oct the company name was changed to ultra tech cements Ãâ ââ¬â¢Ãâà In May 2006 Narmada cement amalgamated with ultra tech cements. Ãâ ââ¬â¢Ãâà Cement business of Grasim demerged and vested in Samruddhi Cement Limited in May 2010 Ãâ ââ¬â¢Ãâà Samruddhi Cement Limited amalgamated with UltraTech Cement Limited in July 2010. Ãâà UltraTechs subsidiaries are Dakshin Cements Limited, Harish Cements Limited, UltraTech Ceylinco (P) Limited and UltraTech Cement Middle East Investments Limited. (Source https://www.ultratechcement.com/about_us/index.htm) STRENGHTS Ãâ ââ¬â¢Ãâà Ultra tech cements is one of the largest exporters of cement in Africa, Europe and Middle East which are considered as strong market economy. Ãâ ââ¬â¢Ãâà UltraTech Cement Limited has an annual capacity of 48.8 million tonnes. It manufactures and markets Ordinary Portland Cement, Portland Blast Furnace Slag Cement and Portland Pozzalana Cement. It also manufactures ready mix concrete (RMC).Ãâà Ãâ ââ¬â¢Ãâà The company has 11 integrated plants, one white cement plant, 12 grinding units and five terminals four in India and one inÃâà Sri Lanka. Ãâ ââ¬â¢Ãâà Ultra techs have a strong brand image and excellent advertising campaign team (Source https://www.ultratechcement.com/about_us/index.htm) WEAKNESS Ãâ ââ¬â¢Ãâà Ultra tech cements faces a drought of high skilled manpower. Ãâ ââ¬â¢Ãâà Weak supply of cement in the market, main reason improper management. Ãâ ââ¬â¢Ãâà Dominated by government policies. OPPORTUNITIES Ãâ ââ¬â¢Ãâà Maintain its present market share nationally and internationally and increase in future. Ãâ ââ¬â¢Ãâà It can collaborate with government of different countries for undertaking future govt. projects and increase its sales. Ãâ ââ¬â¢Ãâà Can come up with economical cement for targeting the rural market. THREATS Ãâ ââ¬â¢Ãâà Other big players in the industry like ACC, AMBUJA, and LAFARGE can absorb the market share of ultra tech cement in future if the company fails to adapt its external variables to grab the new emerging opportunities. VERTICAL ANALYSIS OF ULTRATECH CEMENT Balance Sheet of UltraTech Cement in cr Mar 09 Ãâà Mar 10 Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà 12 mths Ãâà 12 mths Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Sources Of Funds Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Total Share Capital 124.49 2.17 124.49 2.00 Ãâà Ãâà Ãâà Ãâà Equity Share Capital 124.49 2.17 124.49 2.00 Ãâà Ãâà Ãâà Ãâà Share Application Money 1.68 0.03 1.99 0.03 Ãâà Ãâà Ãâà Ãâà Preference Share Capital 0 0.00 0 0.00 Ãâà Ãâà Ãâà Ãâà Reserves 3,475.93 60.52 4,482.17 72.14 Ãâà Ãâà Ãâà Ãâà Revaluation Reserves 0 0.00 0 0.00 Ãâà Ãâà Ãâà Ãâà Networth 3,602.10 62.71 4,608.65 74.18 Ãâà Ãâà Ãâà Ãâà Secured Loans 1,175.80 20.47 854.19 13.75 Ãâà Ãâà Ãâà Ãâà UnsecuredÃâà Loans 965.83 16.82 750.33 12.08 Ãâà Ãâà Ãâà Ãâà Total Debt 2,141.63 37.29 1,604.52 25.82 Ãâà Ãâà Ãâà Ãâà Total Liabilities 5,743.73 100.00 6,213.17 100.00 Ãâà Ãâà Ãâà Ãâà Ãâà Mar 09 Ãâà Mar 10 Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Application Of Funds Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Gross Block 7,401.02 Ãâà 8,078.14 Ãâà Ãâà Ãâà Ãâà Ãâà Less: Accum. Depreciation 2,765.33 Ãâà 3,136.46 Ãâà Ãâà Ãâà Ãâà Ãâà Net Block 4,635.69 Ãâà 4,941.68 Ãâà Ãâà Ãâà Ãâà Ãâà Capital Work in Progress 677.28 Ãâà 259.37 Ãâà Ãâà Ãâà Ãâà Ãâà Investments 1,034.80 52.20 1,669.55 77.52 Ãâà Ãâà Ãâà Ãâà Inventories 691.97 34.91 821.7 38.15 Ãâà Ãâà Ãâà Ãâà Sundry Debtors 186.18 9.39 215.83 10.02 Ãâà Ãâà Ãâà Ãâà Cash and Bank Balance 104.49 5.27 83.73 3.89 Ãâà Ãâà Ãâà Ãâà Total Current Assets 982.64 49.57 1,121.26 52.06 Ãâà Ãâà Ãâà Ãâà Loans and Advances 395.71 19.96 374.92 17.41 Ãâà Ãâà Ãâà Ãâà Fixed Deposits 0 0.00 0 0.00 Ãâà Ãâà Ãâà Ãâà Total CA, Loans Advances 1,378.35 69.53 1,496.18 69.47 Ãâà Ãâà Ãâà Ãâà Deffered Credit 0 0.00 0 0.00 Ãâà Ãâà Ãâà Ãâà Current Liabilities 1,860.59 93.86 1,992.60 92.52 Ãâà Ãâà Ãâà Ãâà Provisions 121.8 6.14 161.01 7.48 Ãâà Ãâà Ãâà Ãâà Total CL Provisions 1,982.39 100.00 2,153.61 100.00 Ãâà Ãâà Ãâà Ãâà Net Current Assets -604.04 Ãâà -657.43 Ãâà Ãâà Ãâà Ãâà Ãâà Miscellaneous Expenses 0 Ãâà 0 Ãâà Ãâà Ãâà Ãâà Ãâà Total Assets 5,743.73 Ãâà 6,213.17 Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Contingent Liabilities 355.07 Ãâà 420.26 Ãâà Ãâà Ãâà Ãâà Ãâà Book ValueÃâà (Rs) 289.22 Ãâà 370.05 Ãâà Ãâà Ãâà Ãâà Ãâà Horizontal analysis of ultratech cement Key Financial Ratios of UltraTech Cement Ãâà Ãâà Ãâà Mar 09 Mar 10 % change Ãâà Ãâà Ãâà Ãâà Ãâà Investment Valuation Ratios Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Face Value 10 10 Ãâà Ãâà Ãâà Ãâà Ãâà Dividend Per Share 5 6 Ãâà Ãâà Ãâà Ãâà Ãâà Operating Profit Per Share (Rs) 140.03 158.86 13.45 Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Net Operating Profit Per Share (Rs) 512.95 565.75 10.29 Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Free Reserves Per Share (Rs) 267.12 350.75 31.31 Ãâà Ãâà Ãâà Ãâà Bonus in Equity Capital Ãâà Ãâà Ãâà Ãâà Ãâà Profitability Ratios Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Operating Profit Margin(%) 27.29 28.08 2.89 Ãâà Ãâà Ãâà Ãâà Profit Before Interest And Tax Margin(%) 21.9 22.24 1.55 Ãâà Ãâà Ãâà Ãâà Gross Profit Margin(%) 22.24 22.56 1.44 Ãâà Ãâà Ãâà Ãâà Cash Profit Margin(%) 20.41 20.43 0.10 Ãâà Ãâà Ãâà Ãâà Adjusted Cash Margin(%) 20.41 20.43 0.10 Ãâà Ãâà Ãâà Ãâà Net Profit Margin(%) 15.06 15.3 1.59 Ãâà Ãâà Ãâà Ãâà Adjusted Net Profit Margin(%) 15.06 15.3 1.59 Ãâà Ãâà Ãâà Ãâà Return On Capital Employed(%) 26.45 27.22 2.91 Ãâà Ãâà Ãâà Ãâà Return On Net Worth(%) 27.13 23.73 -12.53 Ãâà Ãâà Ãâà Ãâà Adjusted Return on Net Worth(%) 27.8 23.27 -16.29 Ãâà Ãâà Ãâà Ãâà Return on Assets Excluding Revaluations 289.22 370.05 27.95 Ãâà Ãâà Ãâà Ãâà Return on Assets Including Revaluations 289.22 370.05 27.95 Ãâà Ãâà Ãâà Ãâà Return on Long Term Funds(%) 27.93 27.43 -1.79 Ãâà Ãâà Ãâà Ãâà Liquidity And Solvency Ratios Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Current Ratio 0.59 0.67 13.56 Ãâà Ãâà Ãâà Ãâà Quick Ratio 0.34 0.3 -11.76 Ãâà Ãâà Ãâà Ãâà Debt Equity Ratio 0.59 0.35 -40.68 Ãâà Ãâà Ãâà Ãâà Long Term Debt Equity Ratio 0.51 0.34 -33.33 Ãâà Ãâà Ãâà Ãâà Debt Coverage Ratios Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Interest Cover 12.75 14.97 17.41 Ãâà Ãâà Ãâà Ãâà Total Debt to Owners Fund 0.59 0.35 -40.68 Ãâà Ãâà Ãâà Ãâà Financial Charges Coverage Ratio 13.74 16.75 21.91 Ãâà Ãâà Ãâà Ãâà Financial Charges Coverage Ratio Post Tax 10.7 12.94 20.93 Ãâà Ãâà Ãâà Ãâà Management Efficiency Ratios Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Inventory Turnover Ratio 22.89 22.65 -1.05 Ãâà Ãâà Ãâà Ãâà Debtors Turnover Ratio 31.71 35.04 10.50 Ãâà Ãâà Ãâà Ãâà Investments Turnover Ratio 22.89 22.65 -1.05 Ãâà Ãâà Ãâà Ãâà Fixed Assets Turnover Ratio 0.86 0.87 1.16 Ãâà Ãâà Ãâà Ãâà Total Assets Turnover Ratio 1.11 1.14 2.70 Ãâà Ãâà Ãâà Ãâà Asset Turnover Ratio 0.86 0.87 1.16 Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Average Raw Material Holding 28.87 29.94 3.71 Ãâà Ãâà Ãâà Ãâà Average Finished Goods Held 6.35 7.29 14.80 Ãâà Ãâà Ãâà Ãâà Number of Days In Working Capital -34.05 -33.61 -1.29 Ãâà Ãâà Ãâà Ãâà Profit Loss Account Ratios Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Material Cost Composition 20.05 22.61 12.77 Ãâà Ãâà Ãâà Ãâà Imported Composition of Raw Materials Consumed 0.72 3.01 318.06 Ãâà Ãâà Ãâà Ãâà Selling Distribution Cost Composition 19.67 20.98 6.66 Ãâà Ãâà Ãâà Ãâà Expenses as Composition of Total Sales 9.7 6.83 -29.59 Ãâà Ãâà Ãâà Ãâà Cash Flow Indicator Ratios Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Dividend Payout Ratio Net Profit 7.45 7.96 6.85 Ãâà Ãâà Ãâà Ãâà Dividend Payout Ratio Cash Profit 5.6 5.87 4.82 Ãâà Ãâà Ãâà Ãâà EarningÃâà RetentionÃâà Ratio 92.73 91.88 -0.92 Ãâà Ãâà Ãâà Ãâà Cash EarningÃâà RetentionÃâà Ratio 94.5 94.04 -0.49 Ãâà Ãâà Ãâà Ãâà Adjusted Cash Flow Times 1.62 1.1 -32.10 Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Mar 09 Mar 10 Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Earnings Per Share 78.48 87.82 11.90 Ãâà Ãâà Ãâà Ãâà Book Value 289.22 370.05 27.95 Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Vertical analysis of J.K cement BALANCE SHEET OF JK CEMENT in cr Mar 09 Ãâà Mar 10 Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà 12 mths Ãâà 12 mths Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Sources Of Funds Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Total Share Capital 69.93 3.99 69.93 2.88 Ãâà Ãâà Ãâà Ãâà Equity Share Capital 69.93 3.99 69.93 2.88 Ãâà Ãâà Ãâà Ãâà Share Application Money 0 0.00 0 0.00 Ãâà Ãâà Ãâà Ãâà Preference Share Capital 0 0.00 0 0.00 Ãâà Ãâà Ãâà Ãâà Reserves 838.27 47.89 1,018.58 41.96 Ãâà Ãâà Ãâà Ãâà Revaluation Reserves 277.85 15.87 265.24 10.93 Ãâà Ãâà Ãâà Ãâà Networth 1,186.05 67.76 1,353.75 55.77 Ãâà Ãâà Ãâà Ãâà Secured Loans 436.86 24.96 937.61 38.62 Ãâà Ãâà Ãâà Ãâà Unsecured Loans 127.54 7.29 136.11 5.61 Ãâà Ãâà Ãâà Ãâà Total Debt 564.4 32.24 1,073.72 44.23 Ãâà Ãâà Ãâà Ãâà Total Liabilities 1,750.45 100.00 2,427.47 100.00 Ãâà Ãâà Ãâà Ãâà Ãâà Mar 09 Ãâà Mar 10 Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà 12 mths Ãâà 12 mths Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Application Of Funds Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Gross Block 1,215.75 Ãâà 2,052.21 Ãâà Ãâà Ãâà Ãâà Ãâà Less: Accum. Depreciation 0 Ãâà 0 Ãâà Ãâà Ãâà Ãâà Ãâà Net Block 1,215.75 Ãâà 2,052.21 Ãâà Ãâà Ãâà Ãâà Ãâà Capital Work in Progress 35.06 Ãâà 225.28 Ãâà Ãâà Ãâà Ãâà Ãâà Investments 10.74 0.61 5.99 0.25 Ãâà Ãâà Ãâà Ãâà Inventories 136.13 7.78 237.62 9.79 Ãâà Ãâà Ãâà Ãâà Sundry Debtors 53.04 3.03 81.87 3.37 Ãâà Ãâà Ãâà Ãâà Cash and Bank Balance 125.2 7.15 131.67 5.42 Ãâà Ãâà Ãâà Ãâà Total Current Assets 314.37 17.96 451.16 18.59 Ãâà Ãâà Ãâà Ãâà Loans and Advances 598.53 34.19 233.62 9.62 Ãâà Ãâà Ãâà Ãâà Fixed Deposits 0 0.00 0 0.00 Ãâà Ãâà Ãâà Ãâà Total CA, Loans Advances 912.9 52.15 684.78 28.21 Ãâà Ãâà Ãâà Ãâà Differed Credit 0 0.00 0 0.00 Ãâà Ãâà Ãâà Ãâà Current Liabilities 382.69 21.86 514.95 21.21 Ãâà Ãâà Ãâà Ãâà Provisions 43.74 2.50 28.54 1.18 Ãâà Ãâà Ãâà Ãâà Total CL Provisions 426.43 24.36 543.49 22.39 Ãâà Ãâà Ãâà Ãâà Net Current Assets 486.47 27.79 141.29 5.82 Ãâà Ãâà Ãâà Ãâà Miscellaneous Expenses 2.44 0.14 2.69 0.11 Ãâà Ãâà Ãâà Ãâà Total Assets 1,750.46 100.00 2,427.46 100.00 Ãâà Ãâà Ãâà Ãâà Ãâà Contingent Liabilities 581.86 Ãâà 106.5 Ãâà Ãâà Ãâà Ãâà Ãâà Book Value (Rs) 129.88 Ãâà 155.66 Ãâà Ãâà Ãâà Ãâà Ãâà Horizontal analysis of J.K cement Key Financial Ratios of JK Cement Ãâà Ãâà Ãâà Mar 09 Mar 10 Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Investment Valuation Ratios Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Face Value 10 10 Ãâà Ãâà Ãâà Ãâà Ãâà Dividend Per Share 3.5 6 71.43 Ãâà Ãâà Ãâà Ãâà Operating Profit Per Share (Rs) 46.33 62.8 35.55 Ãâà Ãâà Ãâà Ãâà Net Operating Profit Per Share (Rs) 214.06 261.24 22.04 Ãâà Ãâà Ãâà Ãâà Free Reserves Per Share (Rs) 109.98 134.13 21.96 Ãâà Ãâà Ãâà Ãâà Bonus in Equity Capital Ãâà Ãâà Ãâà Ãâà Ãâà Profitability Ratios Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Operating Profit Margin(%) 21.64 24.03 11.04 Ãâà Ãâà Ãâà Ãâà Profit Before Interest And Tax Margin(%) 17.93 19.07 6.36 Ãâà Ãâà Ãâà Ãâà Gross Profit Margin(%) 18.14 19.35 6.67 Ãâà Ãâà Ãâà Ãâà Cash Profit Margin(%) 12.86 16.8 30.64 Ãâà Ãâà Ãâà Ãâà Adjusted Cash Margin(%) 12.86 16.8 30.64 Ãâà Ãâà Ãâà Ãâà Net Profit Margin(%) 9.4 12.19 29.68 Ãâà Ãâà Ãâà Ãâà Adjusted Net Profit Margin(%) 9.4 12.19 29.68 Ãâà Ãâà Ãâà Ãâà Return On Capital Employed(%) 19.6 17.6 -10.20 Ãâà Ãâà Ãâà Ãâà Return On Net Worth(%) 15.71 20.81 32.46 Ãâà Ãâà Ãâà Ãâà Adjusted Return on Net Worth(%) 15.71 20.81 32.46 Ãâà Ãâà Ãâà Ãâà Return on Assets Excluding Revaluations 129.53 155.28 19.88 Ãâà Ãâà Ãâà Ãâà Return on Assets Including Revaluations 169.26 193.21 14.15 Ãâà Ãâà Ãâà Ãâà Return on Long Term Funds(%) 19.6 17.6 -10.20 Ãâà Ãâà Ãâà Ãâà Liquidity And Solvency Ratios Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Current Ratio 2.14 1.26 -41.12 Ãâà Ãâà Ãâà Ãâà Quick Ratio 1.78 0.82 -53.93 Ãâà Ãâà Ãâà Ãâà Debt Equity Ratio 0.62 0.99 59.68 Ãâà Ãâà Ãâà Ãâà Long Term Debt Equity Ratio 0.62 0.99 59.68 Ãâà Ãâà Ãâà Ãâà Debt Coverage Ratios Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Interest Cover 5.28 5.48 3.79 Ãâà Ãâà Ãâà Ãâà Total Debt to Owners Fund 0.62 0.99 59.68 Ãâà Ãâà Ãâà Ãâà Financial Charges Coverage Ratio 6.24 6.72 7.69 Ãâà Ãâà Ãâà Ãâà Financial Charges Coverage Ratio Post Tax 4.56 5.49 20.39 Ãâà Ãâà Ãâà Ãâà Management Efficiency Ratios Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Inventory Turnover Ratio 11 7.69 -30.09 Ãâà Ãâà Ãâà Ãâà Debtors Turnover Ratio 27.14 27.08 -0.22 Ãâà Ãâà Ãâà Ãâà Investments Turnover Ratio 11 7.69 -30.09 Ãâà Ãâà Ãâà Ãâà Fixed Assets Turnover Ratio 1.23 0.89 -27.64 Ãâà Ãâà Ãâà Ãâà Total Assets Turnover Ratio 1.02 0.84 -17.65 Ãâà Ãâà Ãâà Ãâà Asset Turnover Ratio 1.23 0.89 -27.64 Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Average Raw Material Holding Ãâà Ãâà Ãâà Ãâà Ãâà Average Finished Goods Held Ãâà Ãâà Ãâà Ãâà Ãâà Number of Days In Working Capital 117 27.85 -76.20 Ãâà Ãâà Ãâà Ãâà Profit Loss Account Ratios Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Material Cost Composition 10.91 10.92 0.09 Ãâà Ãâà Ãâà Ãâà Imported Composition of Raw Materials Consumed Ãâà Ãâà Ãâà Ãâà Ãâà Selling Distribution Cost Composition 24.28 25.21 3.83 Ãâà Ãâà Ãâà Ãâà Expenses as Composition of Total Sales Ãâà Ãâà Ãâà Ãâà Ãâà Cash Flow Indicator Ratios Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Dividend Payout Ratio Net Profit 20.11 21.67 7.76 Ãâà Ãâà Ãâà Ãâà Dividend Payout Ratio Cash Profit 14.7 15.72 6.94 Ãâà Ãâà Ãâà Ãâà EarningÃâà RetentionÃâà Ratio 79.89 78.33 -1.95 Ãâà Ãâà Ãâà Ãâà Cash EarningÃâà RetentionÃâà Ratio 85.3 84.28 -1.20 Ãâà Ãâà Ãâà Ãâà Adjusted Cash Flow Times 2.9 3.45 18.97 Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Mar 09 Mar 10 Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Earnings Per Share 20.36 32.32 Ãâà Ãâà Ãâà Ãâà Ãâà Book Value 129.88 155.66 Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà Ãâà BENCHMARK ANALYSIS 2009 2010 current ratio of J k Cement 2.14 1.26 current ratio of utratech 0.59 0.67 quick ratio of JK cement 1.78 0.82 quick ratio of ultra tech cement 0.34 0.3 debt equity ratio of JK cement 0.62 0.99 debt equity ratio of ultra tech cement 0.59 0.35 long term debt equity ratio of JK cement 0.62 0.99 long term debt equity ratio of ultra tech cement 0.51 profitability ratios of JK cement Operating Profit Margin(%) 21.64 24.03 Profit Before Interest And Tax Margin(%) 17.93 19.07 Gross Profit Margin(%) 18.14 19.35 Cash Profit Margin(%) 12.86 16.8 Adjusted Cash Margin(%) 12.86 12.86 Net Profit Margin(%) 9.4 12.19 Adjusted Net Profit Margin(%) 9.4 12.19 Return On Capital Employed(%) 19.6 17.6 Return On Net Worth(%) 15.71 20.81 Adjusted Return on Net Worth(%) 15.71 20.81 Return on Assets Excluding Revaluations 129.53 155.28 Return on Assets Including Revaluations 169.26 193.21 Return on Long Term Funds(%) 19.6 17.6 profitability ratios of ultra tech cement Operating Profit Margin(%) 27.29 28.08 Profit Before Interest And Tax Margin(%) 21.9 22.24 Gross Profit Margin(%) 22.24 22.56 Cash Profit Margin(%) 20.41 20.43 Adjusted Cash Margin(%) 20.41 20.43 Net Profit Margin(%) 15.06 15.3 Adjusted Net Profit Margin(%) 15.06 15.3 Return On Capital Employed(%) 26.45 27.22 Return On Net Worth(%) 27.13 23.73 Adjusted Return on Net Worth(%) 27.8 23.27 Return on Assets Excluding Revaluations 289.22 370.05 Return on Assets Including Revaluations 289.22 370.05 Return on Long Term Funds(%) 27.93 27.43 Inventory turnover ratio of JK cement 11 7.69 Inventory turnover ratio of ultra tech cement 22.89 22.65 debtors turnover ratio of JK cement 27.14 27.08 debtors turnover ratio of ultra tech cement 31.71 35.04 investment turnover ratio of JK cement 11 7.69 investment turnover ratio of ultra tech cement 22.89 22.65 fixed assets turnover ratio of JK cement 1.23 0.89 fixed assets turnover ratio of ultra tech tech cement 0.86 0.87 total assets turn over ratios of JK cement 1.02 0.84 total assets turn over ratios of ultra tech cement 1.11 1.14 assets turnover ratio of JK cement 1.23 0.89 assets turnover ratios of ultra tech cement 0.86 0.87 ANALYSIS
Monday, May 18, 2020
Analysis Of Charlotte Bronte s Jane Eyre - 1245 Words
My dear reader, and gentile reader are just two examples of how Charlotte Bronte used the narrator to address the reader. In the novel Jane Eyre, Charlotte Bronte has the narrator address the reader as a friend to show compassion for her situation, to be understanding, and to make an argument. Charlotte Bronte refers to the reader threw out the novel in order to show the progression of the book. While this story is about someones life there is an essence of Jane telling us this story of her life in her old age. Jane throughout the novel is proving why she made these decisions, which is why she is making an argument to the reader throughout the novel. While making this continuous argument she is also referring to the reader with compassion and hoping they will understand her situation, which is why the relationship between the reader and narrator is a friendly one. As the novel progresses, you can see that there are times where the relationship is being questioned, however, the friend ly relationship is prevalent throughout the novel. While the relationship between the narrator and reader is often questioned, the reality of the relationship is that they are friends. Jane references the reader in a kind and simple verbiage that would be used while talking to a friend. Charlotte Bronte made sure that while referencing the reader, she was appealing for the time with which this novel was written. The description of the reader is one of a common woman. Which is why she usesShow MoreRelatedAnalysis Of Charlotte Bronte s Jane Eyre 2054 Words à |à 9 Pageswith the present and consumed by desire and materialism, resulting in their inevitable self-destruction. In Charlotte Brontà «Ã¢â¬â¢s gothic novel, Jane Eyre, Brontà « creates a multitude of characters that represent the extremes of the id and the superego to contrast with Janeââ¬â¢s more balanced, ego-dominated self in order to reveal the dangers of falling out of balance within oneself. In doing so, Brontà « illustrates an aspect of the human condition that reveals that in order to maintain both inner and outerRead MoreAnalysis Of Charlotte Bronte s Jane Eyre1110 Words à |à 5 Pagesconsidered equal to men. They have not been since the beginning and although we say they are now, many would probably disagree. Charlotte Brontà « was no exception to this rule- she knew that society expected women to fit into a specific category rather than be their own individuals and she expressed her frustration towards this in Jane Eyre. Within this brief passage, Charlotte Brontà « elegantly employs symbolism, allusions, and diction in order to assert Janeââ¬â¢s determination to stay true to herself, despiteRead MoreJane Eyre By Charlotte Bronte1374 Words à |à 6 PagesJane Eyre by Charlotte Bronte Within the specter of the Gothic fictions arises the atmosphere of gloom, terror, and mystery with some elements of uncanny challenging reality. One major characteristic function of the Gothic fictions is to open the fiction to the realm of the irrational and perverse narratives, obsessions, and nightmarish terrors that hide beneath the literally civilized mindset in order to demonstrate the presence of the uncanny existing in the world known rationally through experienceRead MoreVictorian Schools Using Hard Times And Jane Eyre916 Words à |à 4 PagesUnfair Treatment (An analysis of Victorian schools using Hard Times and Jane Eyre) The Victorian Era was a time of much turmoil. Through the reign of Queen Victoria there were many aspects of society that took a standstill and some may say, declined. Education is a tremendous example of the stand still in the British society, showing the negative approaches to teaching. Preston Barker wrote about the conditions of victorian schools explaining, ââ¬Å"Children soon learnt to do what the teacher asked, otherwiseRead MoreAnalysis Of The Poem Second Child And Maria Branswell S Fifth Child2059 Words à |à 9 Pagesbirth, the Bronte-Branswell family moved to another part of Yorkshire known as Haworth so her father had been given the opportunity of being perpetual curate to the S., Michael and All Angels Church. However while in Haworth, a deep tragedy stroke the family on September 15, 1821 when their loving mother had died of cancer. The family wasnââ¬â¢t fully abandoned for the sister of Maria, Elizabeth Branwell, had greatly helped Patrick on raising his five d aughters, Maria, Elizabeth, Charlotte, Emily, andRead MoreLiterary Analysis : Emily, Wuthering Heights, And Jane Eyre924 Words à |à 4 PagesLiterary Analysis The novels Emma, Wuthering Heights, and Jane Eyre were written by women in the 1800ââ¬â¢s. The three writers chose to write and publish their novels under a different name from their own. Emma was written by Jane Austen, and published anonymously in 1815 (Behrens and Rosen 361). Emily Brontà « wrote Wuthering Heights, and was published in 1847 under the name Ellis Bell (Behrens and Rosen 368). The author of Jane Eyre, who was also the sister of Emily Brontà «, was Charlotte Brontà «. This novelRead MoreThe Upbringing Of Orphans By Charles Dickens And Jane Eyre1714 Words à |à 7 Pagesabout the injustices of the conditions of the orphans. The novels Oliver Twist by Charles Dickens 1838 and Jane Eyre by Charlotte Bronte 1847 depicted much of the 19th century working class and illustrated the treatment of orphans with different socio-economic perspectives. The role of the two orphans in the novels (Oliver and Jane) leads the reader through a maze of experiences, encountering li fe s threats and grasping its opportunities. The novels show an insight of the two characters with a commonRead MoreJane Eyre : A Fight For Women s Equality1749 Words à |à 7 Pages Jane Eyre: A Fight for Womenââ¬â¢s Equality Feminism: the doctrine advocating social, political, and all other rights of women equal to those of men (dictionary.com). Throughout history, women have fought for and struggled with gaining full and absolute equality in society--which has proven to be difficult in the long-cultivated patriarchal society that we still live in today. In modern times, women continue to be paid less than men, are vastly underrepresented, and face many forms of violence aroundRead MoreFeminism in Jane Eyre1423 Words à |à 6 PagesFeminism in Jane Eyre Jay Sheldon Feminism has been a prominent and controversial topic in writings for the past two centuries. With novels such as Jane Austens Pride and Prejudice, or even William Shakespeares Macbeth the fascination over this subject by authors is evident. In Charlotte Brontes Jane Eyre the main character, Jane Eyre, explores the depth at which women may act in society and finds her own boundaries in Victorian England. As well, along with the notions of feminism oftenRead More Movie - Feminist Themes in Jane Eyre, Novel and Film Versions2260 Words à |à 10 PagesAn Analysis of Feminist Themes in Jane Eyre and its Film Versionsà à à à à à à à à à à Concern for womens rights dates from the Enlightenment, when the liberal, egalitarian, and reformist ideals of that period began to be extended from the bourgeoisie, peasants, and urban laborers to women as well. As did most interest groups of the time, feminists gained force and stability through its writing. The periods blossoming ideas concerning womens rights were fully set forth in Judith Murrayââ¬â¢s On the
Thursday, May 14, 2020
How To Use the Spanish Preposition Hacia
Hacia is a Spanish preposition typically meaning toward. It is usually used to indicate motion toward a person or object, although it can also be used to indicate a favorable attitude toward a person or object. Hacia is pronounced something like OSS-yah. It should not be confused with hacà a, a conjugated form of the verb hacer. Using Hacia To Indicate Motion Toward Here are examples of using hacia when referring to motion toward a person or thing. Although toward is the most common translation, other prepositions sometimes work as well. Los jovenes andaron hacia la direccià ³n del lago. (The youths walked in the direction of the lake.)Corrià ³ hacia el coche para tratar de sacar a su amigo, vivo y conciente. (He ran at the car in order to try to remove his friend, who was alive and conscious.)Girar hacia la izquierda y seguir hacia el oeste cinco millas. (Turn toward the left and keep on going toward the west for five miles.)Mi hermana empezà ³ a gatear hacia nuestro padre. (My sister began to crawl toward our father.) Hacia can be used with abajo, adelante, arriba, and atrà ¡s, respectively, to mean downward, forward, upward, and backward. Similarly, it can be used with points of the compass and other words to act as the equivalent of the English suffix -ward. Mover el cursor hacia adelante al final de la là nea. (Move the cursor forward to the end of the line.)La anaforia es la tendencia de los ojos a moverse hacia arriba cuando està ¡n en reposo. (Anaphoria is the tendency for the eyes to move upward when they are at rest.)Los vientos mà ¡s fuertes del planeta avanzan hacia el este a una velocidad de 1.600 kilà ³metros por hora. (The planets strongest winds blow eastward at a speed of 1,600 kilometers per hour.)à ¿Quà © pasarà a si un satà ©lite se dirigiera a toda velocidad hacia la Tierra? (What would happen if a satellite were directed earthward at full speed?) The motion can be figurative as well as literal: Viajamos hacia la libertad econà ³mica. (We are journeying toward economic liberty.)El mundo camina dormido hacia un desastre climà ¡tico. (The world is sleepwalking its way toward a climate disaster.)Con un ritmo enà ©rgico, ââ¬Å"Un paso hacia la pazâ⬠es una cancià ³n llena de optimismo y esperanza. (With an energetic rhythm, ââ¬Å"A Step Toward Peaceâ⬠is a song full of optimism and hope.) Using Hacia for Direction Without Motion Use of hacia doesnt always indicate motion. It is used often with mirar and other verbs to indicate the direction someone is looking, either literally or figuratively. And it can also be used to indicate the existence of someone or something in a certain direction. Natalia mirà ³ hacia Mateo con un gesto de frustracià ³n. (Natalia looked toward Mateo with a look of frustration on her face.)La organizacià ³n mira hacia el futuro tras un aà ±o de cambio. (The organization is looking toward the future after a year of change.)Desde Atenas y hacia el norte hay trenes regulares diarios a muchas ciudades. (From Athens and toward the north there are regular daily trains to many cities.)En el camino hacia la escuela hay ruido y mucho trà ¡nsito. (On the road toward the school there is much noise and traffic.) Using Hacia for Expressing Attitudes Hacia can be used in expressing emotions or attitudes toward a person or thing: Tiene sentimientos mà ¡s profundos hacia ella, (He has very deep feelings for her.)El sondeo revelà ³ una disminucià ³n de la simpatà a popular hacia el corte. (The poll showed a loss of popular sympathy for the court.)Mà ¡s pruebas apuntan hacia los rebeldes. (More evidence is pointing to the rebels.)Es importante desarrollar actitudes positivas hacia la diversidad. (It is important to develop positive attitudes about diversity.) Using Hacia in Time Expressions Finally, hacia is sometimes used to express approximations of time: Llega en helicà ³ptero hacia las cinco de la maà ±ana para traer provisiones. (He arrives by helicopter at about 5 a.m. to bring provisions.)Fue construido hacia 1970. (It was built around 1970.)El tren llega hacia las 10 de la maà ±ana a Cajicà ¡. (The train arrives around 10 a.m. at Cajicà ¡.) Key Takeaways The Spanish preposition hacia is usually the equivalent of toward when it is used to indicate a direction of motion or attention.Hacia can also be used as the equivalent of the suffix -ward when used to indicate direction.Hacia is also used in referring to attitudes toward or about something.
Wednesday, May 6, 2020
The Goal Of Sports And Sports Collapses - 1856 Words
Introduction: The goal in sports is to win. In every game there is a winner. But sometimes, that winner is unexpected. A team who is winning by a lot of points or wins in a series should win the game. But that doesnââ¬â¢t alway happen. Every team somehow collapses or ââ¬Ëchokesââ¬â¢ at one time or another. All fans have to deal with the heartbreak of their team losing. Here are the worst blown leads and sports collapses according to us. Yankees vs Red Sox 2004 Yankees had a 3-0 lead in the 2004 American League Championship Series against the Red Sox. The Yankees were looking like they would defeat their rival on their biggest stage. The Red Sox at that point hadnââ¬â¢t won a championship for 86 years. It looked like the Curse of the Bambino would haveâ⬠¦show more contentâ⬠¦But then, the Warriors won a close game four with the score 108 to 99. The Cavaliers were down 3-1. The odds very slim nobody believed in the Cavs. Entering Game 5 with their heads held low, they beat the Warriors. That gave them a spark that they needed. In game six the same thing happened they beat them again and people were left with their jaws dropped. Entering game seven at Oracle Arena, the Warriors stadium, with tickets selling at $2,800 a seat, Stephen Curry faced off with Lebron James. When the 1st quarter ended, the Cavaliers lead by one point. At halftime, the Warriors had stolen the lead by seven. The third quarter combined for 60 points, 33 by th e Cavaliers and 27 by the Warriors. The 4th quarter was one of the most thrilling quarters of basketball ever. Lebron James had a huge block on Andre Iguodala to save two points and Kyrie Irving the starting point guard drained a three in Curryââ¬â¢s face to call game. The Cavaliers had completed the comeback with a 93-89 win over the Golden State Warriors. This sent a shockwave through the country, with a lot of trash talk and memes. This will go down as the most speculated loss in the NBA playoffs. Falcons vs Patriots 2017 The Super Bowl is the most watched television program on the Earth, the two teams playing in the game were the New England Patriots and the Atlanta Falcons. The leader of the Patriots is their starting quarterbackShow MoreRelatedCreating A Competitive Advantage For Business Owners1072 Words à |à 5 Pagesunderstand the essentials of innovation. This will help in innovating and staying ahead and different from rest of the companies in the business. Considering the nature of the business that John Bull wants to initiate, innovation will be challenging. A sports retailer will find it hard to bring innovation in his business and do something that other retailers are not doing. However, if John Bull succeeds in innovating, his business will be a huge success. Development of Staff Team to Support the Businessââ¬â¢sRead MoreSocial Movements Against Bidding For Sports Mega Events878 Words à |à 4 PagesSocial Movements against Bidding for Sport Mega-events: A Case Study of the 2024 Summer Olympics Introduction Governments currently show great interest in sport mega-events investment since that they may have the opportunity to stimulate economic development, create international image and prestige, generate a ââ¬Ëfeel-goodââ¬â¢ factor among citizens and inspire grassroots participation (Grix and Carmichael, 2012). Moreover, the International Olympic Committee (IOC) states that their critical missionRead MoreThe Noble Lie848 Words à |à 4 Pagesgovernment; from generationally established totalitarian dictatorships, to peaceful democracies or long-term authoritarian states, a politically stable system can take many shapes. Due to the lack of internal political conflict and low risk of economic collapse, high political stability would be at the core of a Republic under the noble lie. Political stability in this context would be evidenced by (1) high levels of respect for the existing political and social hierarchy, and (2) high levels of publicRead MoreCareer Philosophy : Coaching Phil osophy1189 Words à |à 5 PagesCoaching is a training in which person supports a student or learner in achieving a personal, professional or specific goal. Coaching is a relationship between two people one of them more experience and can advice and give guidance to the learner. Many of the problems in relationship between coach and players are based on difference in objectives: priority for the long term goal, winning, or having fun. There are different types of coaching philosophy. Iââ¬â¢m going to talk about ââ¬Å"Athletes first, WinningRead MoreHitler Misconception Concerning The Causes Of Germanys894 Words à |à 4 PagesHitler misconception concerning the causes of Germanys collapse in WWI greatly influenced his evil decisions as warlord. His beliefs that Germany would not have been defeated had the war continued had no basis in reality. The German cause was lost. The ââ¬Ëlessonsââ¬â¢ he learned from WWI were all the wrong ones. What he always called the ââ¬Å"sta b in the backâ⬠was no such thing, which makes him a liar. When Germany surrendered, it was for the purely pragmatic reason of survival. Why allow your enemies to occupyRead MoreMajor League Soccer Business Strategy943 Words à |à 4 Pageshas overcome several difficulties in previous decades, it still has a long way to go for its business goal: becoming a top-ranked professional soccer league. Given the presence of fierce competitors and popular market substitutes, such as the NFL (National Football League), MLB (Major League Baseball), and NBA (National Basketball Association) have attracted the majority of North American sports fans. Consequently, MLSââ¬â¢s challenge is to formulate the best strategy to continuously improve its futureRead MoreEssay on Football626 Words à |à 3 Pagesthat rushed through my veins as the crowd chanted and roared. Weââ¬â¢ve all felt this, and it is what is so great about the game of football. With football there are ups and there are downs, just like any other game, but unlike most other sports there are huge injustices week in and week out. Every game there will be a wrong decision made, no matter whether it big or small it is still unjust. Obviously, you know how painful a stupid decision by some bloke with a whistle canRead MoreThe Ethics Of Discourse Communities959 Words à |à 4 Pagesof people who share similar values, goals, and ways of communication. Although it is more of a broad definition, to me discourse communities can be more simplified. My definition: sharing the same experiences, individual passion, and journey as your destined group. Even though high school is bygone, the Langston Hughes Volleyball Team is still considered my discourse community. Not to be biased but we are the best. Performing rigorous activities such as sports requirements, voting for captains,Read MoreEthics Development Essay1423 Words à |à 6 Pagesethics shape the direction of a company. This document will explore sources of ethical influence, both for individuals, and organizations. It will further explain the need for ethics at an organizational level, how those fit in with directions and goals of an organization, and finally conclude with the effect both individual and organizational ethics have on society. Personal Ethics People find themselves facing questions with negative and positive consequence each day. At each stage of life, anRead MoreMarketing Is A Complex And Valuable Tool1201 Words à |à 5 Pagesdue to it specifics of choosing a target audience to push the product or service upon. For instance, if you are selling a million dollar sports car you wouldnââ¬â¢t market it to children, your target market would be the wealthy class of citizens. Product focus is a selling factor for the industry, the product has to fit the need of the market, therefore a luxury sport car shouldnââ¬â¢t be designed like a minivan and made cheap, it should be pleasing both aesthetically and tastefully to uphold the ideal luxury
Relentless Progress The Reconfiguration Of Children s...
Jack Zipes in his book Relentless Progress : The Reconfiguration of Children s Literature, Fairy Tales, and Storytelling puts forward a valid perspective that the act of a child reading any form of childrenââ¬â¢s literature is set up to promote ââ¬Å"adult aims and the power of the marketâ⬠(4). Although this perspective is important to remember when considering how the formation of childhood identity is guided and influenced by childrenââ¬â¢s literature, it is important to remember that the literature itself is not to blame. Adults, parents, teachers, guardians or other people of influence in a childââ¬â¢s life have the power to provide children with literature that contains many alternative encompassing views of the world to help shape the childsâ⬠¦show more contentâ⬠¦I believe children and young people are positioned somewhere between the constructed child or tabula rasa and the constructive child, one who is shaping their identity ââ¬Å"out of what is cult urally availableâ⬠(Stainton Roges as cited by Rudd 17). They have the ability to see the world with an open mind, one free of biases until an event, idea or person influences them in some way. With that in mind adults have the power to provide children with literature and stories to position them to read the world in many different and inclusive ways adhering to Zipesââ¬â¢ idea that in this case literature is set up to ââ¬Å"promote adult aimsâ⬠(4). Although Zipes goes on to state that childrenââ¬â¢s literature also exists to promote ââ¬Å"the power of the marketâ⬠(4) in many cases I hope this is not completely true. In a world that is more and more commercially driven, with the sheer volume of childrenââ¬â¢s literature in existance one would hope that some of the authors are trying to promote positivity to support children and not purely or exclusively trying to make money. One form of identity that is becoming more associated with a ââ¬Ënormalââ¬â¢ childhood experience is the child from a non-heteronormative family unit. Although Wayne Martino and Wendy Cumming-Potvinââ¬â¢s article is framed around literacy instruction in schools and pedagogical practice, their message can be applied in a broader context to any adult providing text or stories to children.
Poe And Burial Motifs Essay Example For Students
Poe And Burial Motifs Essay Poe is a very complicated author. His literary works are perplexed, disturbing,and even grotesque. His frequent illnesses may have provoked his engrossment insuch things. In 1842 Dr. John W. Francis diagnosed Poe with sympathetic hearttrouble as well as brain congestion. He also noted Poes inability to withstandstimulants such as drugs and alcohol (Phillips 1508). These factors may havemotivated him to write The Tell-Tale-Heart, The Cask of Amontillado, and TheBlack Cat. All of these stories are written in or around 1843, shortly after Poebecame afflicted. His writing helped him to cope with his troubles and explorenew territory in literature. Poes interest in the supernatural, retribution,and perverse cause them to be included in his burial motifs; thereforesustaining his interest. There is a common thread laced through each subject,but there is variation in degrees of the impact. The supernatural is thephenomena of the unexplained. With this comes an aura of mystery and arousal off ear. Death in itself is the supreme mystery. No living human being can becertain of what happens to the soul when one dies. It is because of thisuncertainty that death is feared by many. These types of perplexing questionscause a reader to come to a point of indifference within one of Poes burialmotifs. One is uncertain of how the events can unfold, because a greater forcedictates them. Reincarnation in The Black Cat is a supernatural force at work. There is some sort of orthodox witchcraft-taking place. The whole story revolvesaround the cat, Pluto, coming back to avenge its death. One can not be sure howPlutos rebirth takes place, but it is certain that something of a greater forcehas taken hold. The cats appearance is altered when the narrator comes acrossit the second time. There is a white spot on the chest by slow degrees,degrees nearly imperceptibleit had, at length, assumed a rigorous distinctoutlineof the GALLOWS (Poe 4). Foretelling the narrators fate aconfinement tool appears on the cats chest. This also foreshadows the catsconfinement in the tomb. It reappears like a disease to take vengeance on a manthat has committed horrid crimes. I was answered by a voice within thetomb! By a cry, at first muffled and broken, like the sobbing of a child, andquickly swelling into one long, loud and continuous scream, utterly anomalousand inhumana howla wailing shriek, half of honor and half of triumph (Poe6). Pluto is like Poes re occurring illness it keeps coming back just when hethinks it is gone. This can be related to the ever-looming question of whypeople become afflicted with disease. Is it punishment for wrongdoing? Somereligions find this to be the answer. Poes intrigue in reincarnation may havebeen in that of his own immortality. Metaphysical events take place in TheTell-Tale-Heart. The perpetrator is driven by some unknown source to reveal hisevil deed. The paranoia he feels is very real to him. I fancied a ringingin my ears became more distinctI found that the noise was not withinmy earsIt is the beating of the hideous heart (Poe 3). Ringing is heard only in the mans head, but because a impetus has compelled himto believe otherwise he is inclined to reveal his misdeed. The source of themans voices is from a force within himself. Ones soul is anunexplainable power, which governs over the body. The murder of the old man iscommitted in passion. Disregarding any rational thoughts the narrator is engagedin his own desires. His unconcern for mankind causes his own insanity. Even hecan not live with his actions. The mind as a supernatural force, that dictateslife, can only cope with so much. Poe himself experiences hallucinations fromhis illness, and abuse of alcohol. Years of defilement caused his body, and mindto break down. At one point in time Poe raved for protection from animaginary army of conspirators disguised as loungers' (Mankowitz 232). Constant weight on ones mind can lead to insanity. Human beings can lose controlof their lives. The Tell-Tale-Heart illustrates the human spirit as a mysteriousand unexplainable force. Poes life was full of turmoil, which inevitably causedhis madness. The enveloping force of evil drives Montressor to commit murder inThe Cask of Amontillado. If supernatural is used in its broadest sense to meanunexplained then the force that impels Montressors lack of humanityis indeed supernatural. Evil, as a uninhibited force propels the callous, vileact. When evil is introduced as a possible catalyst one can, at least in somesense, comprehend what drives Montressors act of revenge. With out this forcerevenge is less likely to be taken to the extremes in this story. Fortunato, theunsuspecting victim, is blindly led to his death via a premeditated plan. Montressor guides him on the journey, patronizing him all the way. The torturethat is put upon him is horrendous. He is entombed alive, and left to die. Themind can be a torturous device when all hope is stripped away. Fortunado mustwait for death, all the while reliving his regrets. Montressor states abrief moment I hesitateI trembledBut the thought of an instant reassuredme. I placed my hand upon the solid fabric of the catacombs, and feltsatisfied (Poe 8). For an instant his humanity is unveiled, but quicklycovered again. He has no problem leaving his victim in the catacombs to die. Poedoes an excellent job creating a character of evil. Many of his literary worksdeal with the origin of evil. Montressors need for revenge causes him to givehimself to the dark side. Perversity is a theme that exists within the threestories at hand. When one takes pleasure in something that is knowingly wrong itis perverse. It exhibits a blatant lack of humanity. Delectation in thegrotesque is also si nful. Committing or witnessing acts of mutilation or murderis depraved. Someone has to be out of balance to seriously consider suchignominious acts. Poe uses perversity to shock, and disgust the reader. Readingabout such atrocities brings the reader to a different level of cognition. Onesees into the mind of a character that is distorted, and gets a direct show ofwhat is motivating him or her. The main character in The Black Cat kills hiswife without any compunction. After he buried the axe in herbrain, his only apprehension is of how to conceal the crime (Poe 3). Hestates many projects entered my mind, attesting to his search forthe perfect burial place. The man commits a bloody, brutal murder of a lovedone, but is only concerned with himself. Delight is actually taken in the death,because he is able to get a good night sleep. The guilt of my dark deeddisturbed me but little; he has no regrets and nothing to fret about. reconstruction EssayDeliberately sinning allows the man to feel power. He is in control of hisactions. I hung it because I knew that it had loved me, and because Iknew that in so doing I was committing a sin (Poe 2). Challenging asystem of beliefs questions its existence. He is almost daring a higher power topunish him. This will let him know if there is something to believe in. He is alost soul among many that is yearning for something to believe in. Poe is facingdeath, because of all of the pain he has gone through he too questions God. Howcould God let him suffer, and take his life so soon? He can not answer this, buthis stories do scream the question. Retribution against death is a focus in TheTell-Tale-Heart. The old man is symbolic of death. He had the eye of avulturea pale blue eye, with a film over it. Whenever it fell upon me, myblood ran cold (Poe 1). The vulture is a bird that only preys upon the dead. Blood running cold is associated with a corpse; therefore, death. His wordsprove that the eye is expiration looking him in the face. He was stillsitting up in bed listening; just as I have done, night after night,hearkening to death watches on the wall (Poe 1). Killing the old man isretribution for fear of death. He is a constant reminder of the perpetratorsgreatest fear. Wondering when cessation is going to occur can drive a maninsane. His eye would trouble me no more, illustrates that the manhas defeated death (Poe 2). This is ironic because death will always triumph inthe end. The killing may give the man temporary solace from his fear, but it cannot last. Poes illness causes him to constantly deal with the coming of hisend. He too wishes there were something he can do to ward it off. Obviously thisis not possible. The Cask of Amontillado revels in revenge based on upholdingones family motto. Fortunato disrespected Montressor, the thousandinjuries of Fortunato I had borne as best I could, but heventured uponinsult (Poe 1). Montressor is an extremely proud man. He takes thecomments to heart, and is disturbed by them. His need for revenge is innate. Theneed is genetic, based on the family motto, which states No one assails mewith impunity. He is compelled to commit murder to honor his family name. Montressor must seek his resolution very mechanically. A wrong isunredressed when retribution overtakes its redresser. It is equally unredressedwhen the avenger fails to make himself felt as such to him who has done thewrong (Poe 1). Fortunado must not know that he is seeking revenge, butwhen the plot is revealed it is imperative that he takes credit for the act. Montressors act of murder is calculated; thus, chillingly horrifying. Theorganization insures that Fortunado is doomed. Poes interest in burial motifsallows him to explore the same themes, but using different premises. Poes freeand out of the ordinary style is very successful in incorporating thesupernatural, perverse, and retribution into his work. He maintains his interestas well as the readers by including subjects that are not prevalent. It isshocking, disturbing, and challenging to read. Some of Poes literature hasobvious relations to his own life, and how he coped with the problems that facedhim. Having problems in ones life can escalate the soul to accomplish greatthings. Poes lifestyle is very much a part of style. BibliographyMankowitz, Wolf. The Extraordinary Mr. Poe and his Times. New York: SummitBooks, 1978. Phillips, Mary E. Edgar Allan Poe-The Man, Volume II. Chicago, IL:The John C. Winston Co, 1912. Poe, Edgar Allan. The Black Cat. Online. PersonalComputer. Simpatico. Internet. 18 March 1999. Available http://www.gothic.net/poe/works/black_cat.txtPoe, Edgar Allan. The Cask of Amontillado. Online. Personal Computer. Simpatico. Internet. 18 March 1999. Available http://www.literature.org/Works/Edgar-Allan-Poe/amontillado.htmlPoe, Edgar Allan. The Tell-Tale-Heart. Online. Personal Computer. Simpatico. Internet. 18 March 1999. Available http://www.gothic.net/poe/works/tell-tale_heart.txt
Tuesday, May 5, 2020
Robert W. Cox Commitment Click Now to Get Solution
Question: Evaluate the distinction Robert Cox draws between Problem-Solving and Critical theory'. Use examples from at least two International Relations theories to illustrate your answer. Answer: Robert W. Cox's commitment to International Relations hypothesis puts the control in a transformational structure. Expanding on Gramsci's thoughts and an assortment of different sources variedly, his hypothesis goes past the neorealist state centric structure and draws out the associations between material conditions, thoughts and organizations in what he terms the arrangement of 'world requests'. How individuals sort out themselves in the circle of creation decides their own particular life as well as that of their states and the world request. That change can originate from any of the circles; he denies and goes past the basesuperstructure proposition of Marxism. Cox distinguishes making of a dynamic common society, rise of natural educated people speaking to the underestimated, advancement of group level solidarity, participatory majority rule government, peaceful strategies for struggle determination, pluralism and multilateralism as key components of his transformational motivat ion. This article investigates Cox's primary thoughts identifying with transformational international relations and the systems conceived for change. The idea of preeminent power or extreme force, as moderately steady and, up to this point, uncontroversial foundation of present day legislative issues, is an energetically pondered wonder. Prominently, what we at present experience as the power talk informs much regarding the hypothetical understanding and viable state of governmental issues. It likewise presupposes its shape in the years to come. In this paper, I need to analyze the shapes of the genuine verbal confrontation on sway. To do this I for the most part utilize the philosophical lenses of the main International Relations [IR] theories, the traditional i.e. the pragmatist one and the basic sociological. I will likely survey and look at their hypothetical fundaments; break down their epistemological perspectives over the way of sway organization and its part in international legislative issues; and, offer some temporary deductions as to subjective conceivable outcomes in the investigation of power. Introduction Robert Cox is regarded as the father and founder of critical theory in International Relation. He started working on this field when his publication, Journal of International Studies was published in the year 1981. His ideas and process of thoughts was also seen in several other publications as well. Cox went to the field from the edges of the control, talking in a dialect that was largely looked downward on by the overwhelming positivist convention in IR established in neorealist presumptions. At to start with, Cox's thoughts got less acknowledgment in North America, the immense bastion of IR. Basic hypothesis from that point forward has come to grasp subfields like Security studies, Normatiuve Theory and International Political Economy (IPE). No basic hypothesis of IR can claim to speak to all strands under a solitary name. (Cox, 1989) Cox has utilized a type of examination that tries to join Gramscian instruments with types of historicism. Basic hypothesis draws on the thoughts of Frankfurt theoreticians, poststructuralists, and women's activists. Nevertheless, its standardizing flavor and responsibility to liberation sits uneasily with the thoughts of most post-structuralisms. This article, in any case, is limited to the commitments of Robert Cox to the basic hypothesis of IR. Cox preferred the term 'world order' in comparison to IR. Cox started working on his theorizing during the time when IPE issues were at large due to crisis of oil in the 70s, which were putting an impact on the international relation system. According to Cox, social forces, created by changing process of production, helps in thinking about the possibilities of future. (Cox, 1989) Why World Order and not IR According to Cox, IR always misleads the way when there is a search for the objective of knowledge and working process. In order to make his plan go past interstate relations, he concentrates on world order, of which states constitute stand out part. By taking a gander at IR as far as worldwide order, he goes around the state-centrism of the control. Cox's utilization of 'world order' or 'worldwide governmental issues' or 'worldwide political economy' permits him to connect the household with the worldwide in his plan of connecting profitable powers, thoughts and establishments. Critical Theory and Problem Solving Theory Cox's refinement between problem-solving and critical theory has been supported by analysts over a few sociology disciplines, in spite of the fact that the expression problem solving appears to propose that critical theory is optimistic and does not worry about problems. For Cox, all theories are one-sided. He sees all positivist theories as formed inside the system of problem solving, a balanced undertaking that has extremely solid roots in the liberal custom. Problem-solving theories expect that states are not subject to principal changes, but rather constrained or incremental changes and all moves make place inside a restricted system. Critical theory goes past them to distinguish the inceptions and transformative or formative capability of recorded wonders. It searches out 'the wellsprings of inconsistency and struggle in these elements and assesses their capability to change into various examples'. Not at all like problem-solving theory, which tries to 'smooth the working of the entire', critical theory 'takes into consideration a regulating decision for a social and political order unique in relation to the predominant order. (Moolakkattu, 2009) Critical theory is more intelligent upon the procedure of conjecturing itself and receives an all-encompassing methodology. 'It is coordinated toward an examination of the very structure for activity, or problematic, which problem-solving theory acknowledges as its parameters. Critical theory is coordinated to the social and political intricate in general instead of to the different parts'. Dissimilar to the ahistoricity of problem-solving theory which 'sets a proceeding with present', critical theory is chronicled and manages an evolving reality, which confines the exactness regarding strategy. It is hostile to status-quoist: 'Critical theory takes into consideration a regulating decision for a social and political order not quite the same as the common order, yet it restrains the scope of decision to option orders which are doable changes of the current world'. However, problem-solving theory 'is a manual for strategic activities which, expected or unintended, manage the current or der'. While this refinement is a valuable expository classification to understand complex theories, it additionally improves the hypothetical venture along the lines of the individuals who are keen on information for strengthening the current order and the individuals who look for learning for change, driving each possible theory to distinguish itself with both of these two streams. In nowadays of hybridism, such slick classifications will most likely be unable to catch the lavishness and full ramifications of individual theories. (Moolakkattu, 2009) As indicated by Cox, the space for activity is constrained inside a structure for activity, which would be the beginning stage of critical theory. Further, the errand of estimating cannot prompt a conclusion, yet should 'ceaselessly be started once again'. The system for activity or recorded structure changes after some time and these progressions should be comprehended by critical theory. These structures 'constitute the connection of propensities, weights, desires, and imperatives inside which move makes place'. Such structures should be looked upon not from a point of view of multiplication and framework upkeep as problem-solving scholars do, however from the outside as far as development of contentions and the conceivable outcomes for their change. (Zacher and Cox, 1970) For Cox, the Cold War spoke to a period in which there was relative dependability of central structures representing the striking nature of problem-solving theory. Nevertheless, in the 1990s, when these structures slackened and there was high monetary rivalry, the estimation of problem-solving theory declined and critical theory picked up ascendance. The primary reason gives rise to 'problem-solving' theory. It takes the world, as it is, "with the common social force and relationship and the establishments into which they are sorted out, as the given structure for activity". Quite, this theory is a-verifiable and a-social. "It places a proceeding with present (the perpetual quality of the foundations and force relations which constitute its parameters), the point of which is "to make this relationship and establishments work easily by managing specific wellsprings of inconvenience". (Zacher and Cox, 1970) As per it, the general example of foundations and relationships is not raised doubt about, and "specific problems can be considered in connection to the particular zones of movement in which they emerge". Based on this, the problem-theory can "alter points of confinement or parameters to a problem zone and to diminish the announcements of a specific problem to a predetermined number of variables which are agreeable to moderately close and exact examination" This thought of fixity, in any case, is false since "the social and political order is not settled but rather (in any event in a long-run point of view) is evolving." at the end of the day, the presumption of fixity is ideological. It serves "specific national, sectional, or class interests, which are OK with the given order" (Zacher and Cox, 1970) Inverse to the problem solving theory is the critical theory. "It stands separated from the world order and gets some information about". Not at all like the problem-solving theory it "doesn't take the organizations and social and force relations for allowed" yet addresses their birthplace and asks, "how and whether they may be currently change" Hence, "it is guided towards and examination to the very system for activity, or problematic, which problem solving theory acknowledges as its parameters". At the end of the day, critical theory is social theory and theory of history. It takes as its beginning stage some part of human movement, it examinations it social and recorded inceptions and leads "towards the development of a bigger photo of the entire of which at first considered part is only one segment". Not at all like problem-solving theory, critical theory does not begin with a specific point of view on the world, for example, power relations in any case, as I said; it tries "to end up plainly aware of the viewpoint which offers ascend to hypothesizing." (Zacher and Cox, 1970) Consequently, in straightforward terms, any social connection, and the way it creates, can be utilized as lenses [or, perspective] to break down the social world. Critical theorys extension is considerably more extensive than the one of the problem-theory. At the end of the day, it "contains problem-solving theories inside itself. Dissimilar to their intend to tackle the problems emerging in the force domain and along these lines obliging states conflicting interests, the critical theory likewise tries additionally to grasp the very procedures of interest development. Henceforth, rather than considered them to be given and changeless it doubts their beginning and design. Vitally, this theory has an exceptionally solid standardizing slant. It endeavors to understand these procedures as well as endeavors to offer conceivable and reasonable contrasting options to them. (Zacher and Cox, 1970) Traditional Theory and International Relation Traditional, standard theories of IR, i.e. [neo]-authenticity and [neo]-progressivism, are consequently realist (balanced decision) theories. They break down the world through the lenses of a force point of view and are problem-solving theories. The principal takes the dissemination of material force capacities among states as their center problematic, the second concur with that additionally focuses on the effect of local and international society, relationship and specifically organizations as imperative however yet not conclusive players in world governmental issues. The later holds that structures are at last reducible to their units, for this situation, states, Conditioned additionally on the human and subsequently prideful understanding of states qualities (authenticity) or essentially expected as a systemic, basic condition inborn to the arrangement of states (neo/authenticity/progressivism) power [and its distribution] is apparently crucial for the examination of social systems. It indicates the likelihood that one performer in a social relationship will be in a position to do his will in spite of resistance, paying little mind to the premise on which this likelihood rests. Connected to the anarchic arrangement of states, and having as a main priority states deferring material interests and impetuses, it is the force, in a last occurrence, that presents a solid and realistic view on the way of sorted out international life. (Classical theories of international relations, 1997) Nonetheless, the conveyance of states material force abilities to differ and along these lines cause flimsiness misbalances and war in the last occasion. Thus, with regards to their problematic, standard, IR helps solving problems inside international, rebel domain. Drawing on the epistemological convention of positivism, it goes for explaining these procedures and subsequently pleasing, to the degree it is conceivable, states conflicting interests. This prompts rationalists methodological suspicions. These are (the interests), specifically, considered as given; that is, assumed as opposed to built. Given additionally the disordered nature of the international political world, epitomize in the estimations of security, order and most importantly material influence and riches. It is the last two that assume the main ones and the other way around. Right away, the convenience of states prideful utilitarianism is the realist sine qua non of the standard international theory. Constructivism Remarkably, sociological and critical theories are not solitary theories. Especially in IR, there are different sociological, reflectivities streams, which offer fundamental philosophical suspicions, yet leave on some issues. What joins every one of them however is the worry of how [world] legislative issues are socially built. This makes the sociological theory, traditionally counterpoised to rationalistic theory. It focuses on the part of generic social powers, and additionally the effect of social practices, standards, and qualities that are not got from the figuring of interest. (Classical theories of international relations, 1997) Social constructivism specifically, being of interests here, is additionally a critical IR theory. Other than its standard genealogical relationship with the International society approaches and the Critical International theory it has vigorously drawn on an assortment of sociological viewpoints, for example, recorded and sociological institutionalism, structuration theory, post-innovation, women's liberation and so on its philosophical center draws on the conventions of vision and comprehensive quality (structuralism). The primary holds that the physical is only a gathering of thoughts; the second contends that frameworks and their properties ought to be seen as wholes, not accumulations of parts. (Classical theories of international relations, 1997) In straightforward terms, in this way, constructivism includes the accompanying cases: "that the basic structures of international governmental issues are social as opposed to entirely material (a case that contradicts realism), and that these structures shape on-screen characters personalities and interests, as opposed to only their conduct (a case that restricts logic). As it were, ontologically, ideational components (thoughts, standards, organizations, talk, society) go before material classifications and give them significance and sense. Regularly, their relationship is interlinked and commonly tried and true, however it is thoughts the distance down in any case that constitute the material world. Conclusion A large number of Cox's suggestions, especially in his later compositions, stands on an essential needs point of view, in light of constraint of needs, based on the establishments of an option model of improvement. He sees much guarantee in the motivation of the new social developments and in the strategies for the participatory activity specialists. Later works have made the idea of "class" entirely liquid to bring under it classifications like sexual orientation and race. On occasion, his thoughts, especially those identifying with ID of performing artists and systems of change show similitude with the Gandhian methodology. For instance, he investigates the utilization model of the Western economies along with which how it has made a disjuncture of money from the genuine economy, and genuine economy from the biosphere. Cox, nonetheless, is by all accounts deficiently seized of the characteristic inconsistencies between Marxism, which looks upon rationalistic/emancipator potential o utcomes improving with materialistic advancement, and non-utilization arranged essential needs approaches that look upon such realist models as unsustainable and life undermining. 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