Why Did The Cold War Start And How Did It Develop Over Its...

Why did the Cold War start and how did it develop over its first three decades? During WWII the United States and the Soviet Union fought together as allies against the Axis powers. However, it was not without tension on both sides. After WWII ended the tension between both sides continued and gradually increased. For two years they tried to come to some sort of agreement over their differences over the division of Europe, postwar economic aid, and the atomic bomb through negotiation and discussion. (Divine 2013, p. 666). Their main disagreement was who was in control of postwar Europe. The two sides could never come to an agreement that would be acceptable to both sides and so they decided to just occupy different regions in the way they each wanted to. The United States did not like Soviet communism and the soviets resented the United States refusal to treat the USSR as a legitimate part of the international community. â€Å"In such a hostile atmosphere, no single party was entirely to blame for the Cold War; in fact, some historians believe it was in evitable† (Cold War History). Containment, first proposed by George Kennan in 1947, became the basic strategy of the United States throughout the Cold War. Kenna believed that if the United States stood firm on their resistance to Soviet expansion that it would eventually compel Moscow to adopt more peaceful policies. In 1946, in his famous â€Å"Long Telegram,† the diplomat George Kennan (1904-2005) explained this policy:Show MoreRelatedRough Justice : Battle For Fix The World, One Prosecution At A Time By David Bosco1134 Words   |  5 Pages The book Rough Justice: Battle to Fix the World, One Prosecution at a Time was authored by David Bosco. Basically, the book focuses on the establishment of the international court and how years after its formation the powerful nations do not cooperate with it. Powerful nations such as the United States and Russia do not support the activities of International Criminal Court (ICC) and thus leaving its mandate to the poor African Nations. The book was chosen because it touches on one of the subjectsRead MoreHaving Dreams Of Being On The Moon By John F. Kennedy1294 Words   |  6 Pagescontext of â€Å"The decision to go to the moon.† Around this time was the height of the cold war and just the start of the space race, with that said, he starts his speech of with I am delighted to be here, and I m particularly delighted to be here on this occasion (Kennedy, John). With all of the urge and competition of racing to the moon, on that exact day, Kennedy declared the he would go to the moon before the decade ran out. 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Although this man was killed with just over half of his term in office accomplished many things that Americans now consider him to be the most influential person to have held the office of president of the united states, as well as an instigator of significant social change. John F Kennedy was a President that fought for civil rights for a nation that was segregated for over a century, Kennedy did not just t alk about change, he activelyRead MoreThe World War II Ended And The Cold War3234 Words   |  13 Pages Once World War II ended and the cold war started to surface, tons of nations felt renewed anxiousness over peace across the United States and all the other countries around the world. Norman A Graebner preached that because of the Soviets actions following World War II, they brought back up visions of â€Å"Munich Syndrome.† The comparison symbolized how effectively the Nazi’s military was able to spread through Europe. Due to the maneuvers of the newly developed Soviet Union, the United StatesRead MoreHistory Notes on Cuban Missile Crisis and Protest in America in the 1960s4816 Words   |  20 PagesHistory Matric Notes. The Cuban Missile Crisis. This was the most serious crisis between the USA and USSR in the history of the Cold War. Cuba was a communist country only 90 miles off the coast of USA. In October 1962 US spy planes identified nuclear missile sites being built in Cuba. Background: Cuba traditionally had a passive relationship with the USA. Batista who was president/dictator at the time was viewed as safeguard against communism by the USA, but when revolutionary Fidel Castro overthrewRead MoreEssay on The Glory and The Dream9497 Words   |  38 Pagesï » ¿The Glory and the Dream Questions Prologue 1. What was the Bonus Army? What occurred? Who was involved? a. The Bonus Army were soldiers returned from World War I who wanted a â€Å"bonus† immediately authorized by the Adjusted Compensation Act. The veterans marched up Pennsylvania Avenue to acquire their relief. However, MacArthur and Hoover stopped the veterans at their core in a final â€Å"battle† calling them â€Å"communists and persons with criminal records.† 2. What is Rugged Individualism? a.Read MoreSocial Development, Political Development And Scientific Development2004 Words   |  9 Pagesoccurred since the past decades and been improved ever since. The three developments I will mentioning are social development, political development and scientific development. Firstly am going to begin by introducing the major cause of death in the 1900 and another cause of death today. With that in mind I will also be including how the cause were or are dealt with now. Furthermore I will examine the developments separately and the impact they have on the health status. As the Great War (WW1) was coming

Streams of Silver Epilogue Free Essays

Drizzt, Wulfgar, and Catti-brie came into Longsaddle a few days later, road weary and still wrapped in a shroud of grief. Harkle and his kin greeted them warmly and invited them to stay at the Ivy Mansion for as long as they desired. But though all three of them would have welcomed the opportunity to relax and recover from their trials, other roads summoned them. We will write a custom essay sample on Streams of Silver Epilogue or any similar topic only for you Order Now Drizzt arid Wulfgar stood at the exit of Longsaddle the very next morning, with fresh horses provided by the Harpells. Catti-brie walked down to them slowly, Harkle holding back a few steps behind her. â€Å"Will you come?† Drizzt asked, but guessed by her expression that she would not. â€Å"Would that I could,† Catti-brie replied. â€Å"Ye’ll get to the halfling, I don’t fear. I’ve another vow to fulfill.† â€Å"When?† Wulfgar asked. â€Å"In the spring, by me guess,† said Catti-brie. â€Å"The magic of the Harpells has set the thing to going; already they’ve called out to the clan in the dale, and to Harbromm in Citadel Adbar. Bruenor’s kin’ll be marchin’ out afore the week’s end, with many allies from Ten-Towns. Harbromm promises eight thousand, and some of the Harpells have pledged their help.† Drizzt thought of the undercity he had viewed in his passage of the lower levels, and of the bustle of thousands of gray dwarves, all outfitted in shining mithril. Even with all of Clan Battlehammer and their friends from the dale, eight thousand battle-seasoned dwarves from Adbar, and the magical powers of the Harpells, the victory would be hard won if won at all. Wulfgar also understood the enormity of the task that Catti-brie would face, and doubt came to him about his decision to set out with Drizzt. Regis needed him, but he could not turn away from Catti-brie in her need. Catti-brie sensed his torment. She walked up to him and kissed him suddenly, passionately, then jumped back. â€Å"Get yer business done and over, Wulfgar, son of Beornegar,† she said. â€Å"And get ye back to me!† â€Å"I, too, was Bruenor’s friend,† Wulfgar argued. â€Å"I, too, shared in his vision of Mithril Hall. I should be beside you when you go to honor him.† â€Å"Ye’ve a friend alive that needs ye now,† Catti-brie snapped at him. â€Å"I can set the plans to going. Ye get yerself after Regis! Pay Entreri all he’s got coming, and be quick. Mighten be that ye’ll get back in time to march to the halls.† She turned to Drizzt, a most-trusted hero. â€Å"Keep him safe for me,† she pleaded. â€Å"Show him a straight road, and show him the way back!† On Drizzt’s nod, she spun and ran back up to Harkle and toward the Ivy Mansion. Wulfgar did not follow. He trusted in Catti-brie. â€Å"For the halfling and the cat,† he said to Drizzt, clasping Aegis-fang and surveying the road before them. Sudden fires glowed in the drow’s lavender eyes, and Wulfgar took an involuntary step back. â€Å"And for other reasons,† Drizzt said grimly, looking out over the wide southland that held the monster he might have become. It was his destiny to meet Entreri in battle again, he knew, the test of his own worth to defeat the killer. â€Å"For other reasons.† * * * Dendybar’s breath came hard to him as he viewed the scene, Sydney’s corpse stuffed into a corner of a dark room. The specter, Morkai, waved his arm and the image was replaced by a view of the bottom of Garumn’s Gorge. â€Å"No!† Dendybar screamed when he saw the remains of the golem, headless and lying among the rubble. The mottled wizard shook visibly. â€Å"Where is the drow?† he demanded of the specter. Morkai waved the image away and stood silent, pleased at Dendybar’s distress. â€Å"Where is the drow?† Dendybar repeated, more loudly. Morkai laughed at him. â€Å"Find your own answers, foolish mage. My service to you is ended!† The apparition puffed into fire and was gone. Dendybar leaped wildly from his magic circle and kicked the burning brazier over. â€Å"I shall torment you a thousand times for your insolence!† he yelled into the emptiness of the room. His mind spun with the possibilities. Sydney dead. Bok dead. Entreri? The drow and his friends? Dendybar needed answers. He could not forsake his search for the Crystal Shard, could not be denied the power he sought. Deep breaths steadied him as he concentrated on the beginnings of a spell. He saw the bottom of the gorge again, brought the image into sharp focus within his mind. As he chanted through the ritual, the scene became more real, more tangible. Dendybar experienced it fully; the darkness, the hollow emptiness of the shadowy walls and the almost imperceptible swish of air running through the ravine, the jagged hardness of the broken stone under his feet. He stepped out of his thoughts and into Garumn’s Gorge. â€Å"Bok,† he whispered as he stared down at the twisted and broken form of his creation, his greatest achievement. The thing stirred. A rock rolled away from it as it shifted and struggled to rise before its creator. Dendybar watched in disbelief, amazed that the magical strength he had imbued upon the golem was so resilient as to survive such a drop, and such mutilation. Bok stood in front of him, waiting. Dendybar studied the thing for a long moment, pondering how he might begin to restore it. â€Å"Bok!† he greeted it emphatically, a hopeful grin coming to him. â€Å"Come, my pet. I shall take you back home and mend your wounds.† Bok took a step forward, crowding Dendybar against the wall. The wizard, still not understanding, started to order the golem away. But Bok’s remaining arm shot up and grasped Dendybar by the throat, lifting him into the air and choking off any further commands. Dendybar grabbed and flailed at the arm, helpless and confused. A familiar laugh came to his ears. A ball of fire appeared above the torn stump of the golem’s neck, transforming into a familiar face. Morkai. Dendybar’s eyes bulged in terror. He realized that he had overstepped his limits, had summoned the specter too many times. He had never truly dismissed Morkai from this last encounter, and suspected rightly that he probably wouldn’t have been strong enough to push the specter from the material plane even if he had tried. Now, outside of his magic circle of protection, he was at the mercy of his nemesis. â€Å"Come, Dendybar,† Morkai grinned, his dominating will twisting the golem’s arm. â€Å"Join me in the realm of death where we might discuss your treachery!† A snap of bone echoed across the stones, the ball of fire puffed away, and wizard and golem tumbled down, lifeless. * * * Farther down the gorge, half buried in a pile of debris, the fires of the burning dragon had died to a smoky smolder. Another rock shifted and rolled away. How to cite Streams of Silver Epilogue, Essay examples

Project Report Corporate Financial Accounting †MyAssignmenthelp.com

Question: Discuss about the Project Report Corporate Financial Accounting. Answer: Introduction: Capital budgeting is a part of investment appraisal techniques. This planning process is used by the companies to evaluate the various investment long term opportunities. Capital budgeting process evaluates the various projects according their cash flows, present value factors, their net present value, internal rate of return, payback period, accounting rate of return etc (Zimmerman and Yahya-Zadeh, 2011). long term investment opportunities for a business could be new products, new plants, replacement of old machineries, new machinery, research development projects etc. for analyzing the best project, company takes the help of various tools which are available such as sensitivity analysis, scenario analysis, break even analysis, simulation technique analysis (Bierman and Smidt, 2012). It is required for every organization to evaluate the best investment proposal from the available proposals. And this could only be possible if the best corporate decision strategies have been adopted b y the company. Corporate decision making is a process which aids the organization into looking over various aspects and then makes a best decision for every dilemma of the business. Corporate decision making is a continuums process which takes place at every step in an organization. Corporate decision making sets a companionship among all the factors of the company and the stakeholders of the company (Gervais, Heaton and Odean, 2011). This report tells the user about various techniques and analysis which would aid the organization to select the best investment proposal according to the requirement of the company. Sensitivity analysis: Sensitivity analysis is a tool which is used by the various parties to evaluate that how many diversified values of a free variable would affect a specific variable which has been estimated through many assumptions. This analysis is also known as what if analysis. It has been observed that normally, every entire quantitative factor of an investment such as cash outflow, cash inflow, discount rate, cost of capital, project duration etc are recognized with certainty but in reality, it rarely takes place (Bierman and Smidt, 2012). Sensitivity analysis helps the companies to overcome the same problem. The techniques of sensitivity analysis could be applied over various planning activities and not only on capital budgeting decision. This analysis helps an organization into evaluating that how the distribution of possible internal rate of return and net present value for a proposal under context is impacted consequently to make a change into a single variable which is dependent in nature. This analysis could take place only be changing into one variable at a time. Sensitivity analysis evaluates a value for every input and offers a decision making process to the company to choose the best project. Such as if a products selling price would be reduced by 10% and at the same time, the internal rate of return would also be changed due to changes into the total life of the project from 3 years to 5 years. Than sensitivity analysis, helps the organization to make a better decision about investment (Bennouna, Meredith and Marchant, 2010). As according to the above case, every factor will be changed due to change into a single variable of the investment proposal. Such as changes into the selling price will change the NPV of the project and the total life of the project will make an impact over the internal rate of return. Than the calculated NPV is plotted into a graph to depict that how sensitive the net present value could be due to changes into the related factors. The below figure depict that the slope of line in the below graph depicts that how sensitive the net present value is to make a change into each input. The steeper the slope would be, the more sensitive the net present value would be to make changes into the variable. (Hall and Millard, 2010) Sensitivity analysis is used widely because of its ability and simplicity to focus over the specific estimates. Mainly it is used in the banking industry to evaluate the projects which are related to the funding. This analysis offers critical idea about the success or failure of the project. Scenario analysis: It has been observed that the sensitivity analysis is used widely as a risk analysis technique but this analysis has some limits. Therefore, sensitivity analysis has been extended to deal with various probability distributions of various inputs and further, scenario analysis also aids the more variables at a single time so that the combined effect could also be analyzed with the changes in more than one variable (Adair, 2011). Scenario analysis also offers a specific answer to this solution. Scenario analysis mainly answers the question of that how bad can a project look. Various times, mangers just take an assumption and forget to make other assumptions according to the competitors relation and economy consideration etc. in scenario analysis; factors are evaluated according to the scenario which has been built by the managers. These aspects could range from economy state to the competitors response on firms any action. Secondly, the components are determined the number of scenario analysis for every factor. Basically, three scenarios are determined according to the base, average and worst case. Though, it might vary according to the long range (Garrison, Noreen, Brewer and McGowan, 2010). The third component of scenario analysis is to focus over the critical aspects and build a scenario for every factor and lastly, in the forth component, probabilities of each scenario are evaluated. This scenario could b e based upon many macro factors such as interest rate, exchange rate and various micro factors such as reaction of competitor. Factors Normal case Best case Worst case Yield - + 20% - 30% Exchange rate - + 5% - 5% Transportation cost - -15% +25% Marketing cost - -8% +23% Sales cost - + 5 % - 15% Sales price 1.03 1.05 1.00 Cash inflow 10 % 19 % 3% NPV 1 2.5 -2.3 (Burns and Walker, 2015). The above tale depict that the three scenarios are there for every investment proposal in front of the company, through this analysis, it has been found that the three scenarios are available in front of the company which are best, normal, worst. Through this scenario, it becomes easy for the managers to choose the best investment proposal. Break even analysis: Break even analysis helps an organization into selecting the best project according to the cost and revenue relationship. In this project, various tools of an investment proposal are determined and then the level of breakeven is analysed. The breakeven level of an investment project is the point where the total associated cost is equal to the total revenue earned by the company. This analysis a graph is plotted and the total revenue slope and the cost slope are drawn. The point where both the slopes are interacted with each other is the point of breakeven (Shim, Siegel and Shim, 2011). Break even analysis generates an idea about the positive return from an investment. This analysis depict that the fixed cost of a project s not directly linked with the production level and thus the breakeven level get impacted through the fixed cost of the project. In addition, variable cost of a project directly makes a change into the volume of output. The study of breakeven analysis is a great tool to identify the relationship between the returns, variable cost and fixed cost. Breakeven point offers an idea that when an investment proposal would generate positive return as well as it could be determined according to some mathematical calculations and graph (Grant, 2016). This analysis helps an organization to calculate the level of production through which the positive returns could be earned by the company. And the entire cost could be concerned properly.(Bodie, 2013) The above graph of breakeven point depict that the total 9 units are required to be produce by the company to cover all the cost. Further, production would help the company to make profits. These calculations help the company to identify the best available project in the market. And this analysis also help the company to determine the total return which could be get by the company after investing into the particular project. Further, it has also been analyzed that how much cost would be paid by the company even in the case of no production and how much units are required by the company to produce to reach over a point where the cost and the revenue are equal (Fortson, 2011). Simulation techniques: This analysis is also known as Monte Carlo simulation. It ties sensitivity as well as probability distribution together. This method is based upon various mathematical calculations. The main fundamental appeal of this technique is to offer decision makers along with a probability distribution of net present values rather than an only single estimation about the estimated net present value. This technique ties all the related factors and then makes a corporate decision about the various investment opportunities for an organization. Firstly, in this analysis, a simulation exercise takes place to investigate over the investment proposal and than many related key factors are involved to estimate the affected project and their inter relationship with other factors. This technique involves modelling of cash flows to disclose entire key factors which are influenced by both the cash payments and receipts and their relationship with other factors. Simulation technique involves the relationship of net present value with various parameters and exogenous variables. It specifies the parameters value and probability distribution of exogenous factors and variables. Further, a value is selected randomly from probability distribution of every exogenous variable. In addition, NPV is determined corresponding to the random generated value of variables and pre specified variables of parameters. The 3rd and 4th steps are repeated again to get a large number of simulated net present values (Wright et al, 2010). Lastly, the probability distribution is plotted and mean and standard deviation of return are computed to collect the risk level of a project. Simulation techniques are analyzed to determine the best investment project form the various available projects in the market. This analysis mainly shows its concern about the probability distribution and the sensitivity analysis. This study helps the organization to identify and evaluate the best available investment proposal from the available projects into the company (Godfray et al, 2010). This analysis aids the company to evaluate the best business plan for the company in concern of the profits. This analysis technique is a tool which is mainly uses by the association to make a superior decision about diverse investments i.e. the total time in which corporation would be proficient to reverse the entire connected cost. Conclusion: In the above study, capital budgeting technique has been investigated and it has been found that this planning process is used by the companies to evaluate the various investment long term opportunities. Capital budgeting process evaluates the various projects according their cash flows, present value factors, their net present value, internal rate of return, payback period, accounting rate of return etc. for this study, various tools such as sensitivity analysis, scenario analysis, break even analysis, simulation technique analysis have been analyzed and it has been found that all the analysis are helpful for the company to identify the best project from the available projects. Through this study, it has been found that all the projects are helpful for the company in diverse situation. Sensitivity analysis is a tool which is used by the various parties to evaluate that how many diversified values of a free variable would affect a specific variable which has been estimated through many assumptions. Scenario analysis mainly answers the question of that how bad can a project look. Various times, mangers just take an assumption and forget to make other assumptions according to the competitors relation and economy consideration etc. In addition, Break even analysis helps an organization into selecting the best project according to the cost and revenue relationship. In this project, various tools of an investment proposal are determined and then the level of breakeven is analysed. Lastly, a simulation exercise takes place to investigate over the investment proposal and than many related key factors are involved to estimate the affected project and their inter rel ationship with other factors. And these analyses help the company to determine the total return and risk which could be faced by the company after investing into the particular project References: Adair, T., 2011. Corporate Finance Demystified 2/E. McGraw Hill Professional. Bennouna, K., Meredith, G.G. and Marchant, T., 2010. Improved capital budgeting decision making: evidence from Canada. Management decision, 48(2), pp.225-247. Bierman Jr, H. and Smidt, S., 2012. The capital budgeting decision: economic analysis of investment projects. Routledge. Bierman Jr, H. and Smidt, S., 2012. The capital budgeting decision: economic analysis of investment projects. Routledge. Bodie, Z., 2013. Investments. McGraw-Hill. Burns, R. and Walker, J., 2015. Capital budgeting surveys: the future is now. Fortson, J.G., 2011. Mortality risk and human capital investment: The Impact of HIV/AIDS in Sub-Saharan Africa. The Review of Economics and Statistics, 93(1), pp.1-15. Garrison, R.H., Noreen, E.W., Brewer, P.C. and McGowan, A., 2010. Managerial accounting. Issues in Accounting Education, 25(4), pp.792-793. Gervais, S., Heaton, J.B. and Odean, T., 2011. Overconfidence, compensation contracts, and capital budgeting. The Journal of Finance, 66(5), pp.1735-1777. Godfray, H.C.J., Beddington, J.R., Crute, I.R., Haddad, L., Lawrence, D., Muir, J.F., Pretty, J., Robinson, S., Thomas, S.M. and Toulmin, C., 2010. Food security: the challenge of feeding 9 billion people. science, 327(5967), pp.812-818. Grant, R.M., 2016. Contemporary Strategy Analysis Text Only. John Wiley Sons. Hall, J. and Millard, S., 2010. Capital budgeting practices used by selected listed South African firms. South African Journal of Economic and Management Sciences, 13(1), pp.85-97. Shim, J.K., Siegel, J.G. and Shim, A.I., 2011. Budgeting basics and beyond (Vol. 574). John Wiley Sons. Wright, M.M., Daugaard, D.E., Satrio, J.A. and Brown, R.C., 2010. Techno-economic analysis of biomass fast pyrolysis to transportation fuels. Fuel, 89, pp.S2-S10. Zimmerman, J.L. and Yahya-Zadeh, M., 2011. Accounting for decision making and control. Issues in Accounting Education, 26(1), pp.258-259.