Rosa Parks Research Paper Example | Topics and Well Written Essays - 1000 words

Rosa Parks - Research Paper Example She is that unforgettable and historically epic woman who laid the foundation for the freedom movement in the United States of America (USA). People across the globe irrevocably fall in love for the daring action of defiance taken by Parks, which ignited the blazing fire of civil rights movement that could not be suppressed and which was further potentiated by Martin Luther King, who was assisted by Parks to rise to national prominence in a very short span of time. This paper is basically an effort to present the majorly important facts and discussions related to the myriad daring accomplishments made by Parks in an order to suppress the discriminations faced by the black people in the then largely conservative and white people-dominated society. How a black woman single-handedly organized the scattered civil rights leaders across USA and motivated them to stand united against the overwhelming discriminatory system, is a larger-than-life phenomenon that still leaves many people in ut ter awe and amazement. Rosa Parks, who lived from 1913 to 2005, was a vigorous civil rights activist, who achieved such prestigious and distinguished titles from the US Congress as â€Å"the first lady of civil rights† and â€Å"the mother of the freedom movement†, along with receiving many other honors from the government as well, as a result of her mind-blowing and phenomenal freedom movements. (Junaidi). What is absolutely riveting about Rosa Parks is that a single incident in her life initiated a massive and historical civil rights movement. She became a worldwide international emblem of resistance to racial segregation. What could definitely have restricted many other black people, made Parks bold enough to stand against it with her head held high and dignity making an absolute aura around her. Those days, racial segregation and ethnic biases formed a dominant feature of the American society. Prejudice was so prevalent in the American society that black people had to suffer majorly both in their social and professional lives. The pattern of refusing jobs to the eligible black people, who even presented remarkable academic achievements, was nothing new in USA at that time. Unemployment rate and social disgrace was so prevalent among the black people that it led to devastating consequences for them and their families. What aggravated the situation was the fact the white Americans were so heavily supported by the authorities that the black people just could not gather enough courage to stand up against the society fraught with racial segregation and unjustified prejudices. This much needed courage and boldness was at last gathered by a black woman Rosa Parks, aged 42 in 1955 in Alabama, who was not largely known at that time and had not become an international icon yet. (The Obama Diary). Parks straight-off refused to obey the highly unjustified order of the bus driver to empty her seat for a white passenger. This order of the bus driver was fr aught with racial discrimination, a concept that was phenomenally common in those days. What was ordered by the bus driver was a requirement that any other black person would have readily fulfilled owing to the paralyzing fear of the dominant white society. But, with Rosa Parks, this just could

Company Valuation Essay Example | Topics and Well Written Essays - 2000 words

Company Valuation - Essay Example On the other hand, non-merging firms had a strikingly better record than merging firms from the standpoint of the original shareholders. Further analysis suggested that firms engaging in pure conglomerate type mergers grew most rapidly, while firms engaging in pure internal growth grew most profitable, although growth by conglomerate type merger was more profitable than growth by other types of merger. Merger tends to be for growth, not for profitability. However, also merger is the result of the internal and external pressures and opportunities confronting the firm. Changes in the environment in which a firm has been operating may include merger by competitors and may cause the firm's managers to experience increased uncertainty. This increased uncertainty produces a desire to merge in order to reduce uncertainty. Merger occurs if the desire to merger is accompanied by managerial ability and willingness to carry through an actual merger. Two processes are at work. Mergers occur when the relationship between firms and their environment is disturbed by changes in latter. They have suggested that the amount of competition that is acceptable is limits. Aaronovitch and Sawyer have advocated an approach to merger that "the costs of rivalry" generated by the process of oligopolistic rivalry which fall on the firms involved and would be reduced if rivalry were reduced .The costs in question are those of undesired excess capacity, research and development and promotion and marketing. The major destabilising force to which Aaronovitch and Sawyer have drawn attention is the intensification of international competition. They have examined the relationship b-n indices of international competitiveness and merger activity. The expectation that there would be more mergers the worse the balance on current account and the higher the level of imports was confirmed. No generally agreed theory has been developed. The profit and growth maximisation hypotheses has been recast in terms of their effect on share prices and hence the probability of takeover. Interest on the effects of merger has for the most part been motivated by welfare considerations, although more recently their role in shaping the longer term evolution of the socioeconomic system. Cook and Cohen have pinpointed the general difficulty in the introduction to their detailed case studies: "mergers are a reaction to a changing situation. Judgement depends upon comparing the effects of what actually happened with the effects of what might have happened. Sensitivity analysis is the process of varying the assumptions underlying a decision to determine the decision's sensitivity to those assumptions. It enables managers to assess how responsive NPV is to changes in key variables that are used to calculate it (Drury 1996). Some of the factors that influence the NPV of multinationals are taxes, exchange rates, estimating the terminal value of a project using different methodologies, political risk and the real operating options (Buckley 2000). NPV is calculated using the estimated