Saturday, January 25, 2020

The Effect Of Cartoon Violence Media Essay

The Effect Of Cartoon Violence Media Essay Research Question: Does the violence depicted in cartoons have a negative influence on young viewers between ages 3-5 in America, and does it promote aggression and/or violent behavior. Introduction: Nowadays it is a common belief that the violence portrayed in cartoons might have a negative impact on the behavior of young children. The main aim of this Essay will be to determine whether cartoon violence has a negative influence on the behavior of young children aged 3-5 in America or whether this assertion is merely a false presumption. If the claim is true, we will be considering any possible effects it may have on the behavioral development of those children in the future. My main scope of research will be consisting of various analyses of popular cartoon shows in the United States, along with various books, articles and online forums containing relevant information in order to aid me in providing a suitable solution to the research question. Many young children in America are believed to be spending an average of up to 30 hours of television a week  [1]  and the majority of their free time watching cartoons on television where they could be exposed to a variety of harmful scenes. Allowing young children to watch high amounts of cartoon violence might result in unwanted consequences and perhaps an undesired change in the behavior of the child. Presumably this is because the majority of cartoons that are displayed on the television contain some form of violent activity which could affect the undeveloped minds of young children in an undesired way, as well as possibly promoting violent behavior. Violence in cartoons can be extremely harmful to children of young ages as they have difficulties distinguishing reality from fantasy because their brain has not yet reached a state of maturity.  [2]  Americans are concerned because preschoolers social and emotional development could be negatively linked with cartoon violenc e and aggressive behavior.  [3]  While on the other hand it is believed by many people, especially by adults, that the violence depicted in cartoons has no serious or dangerous effects on young viewers in America which are worthy of concern.  [4]   This topic is worthy of investigation because the number of children being exposed to cartoon violence is supposedly increasing each day with the average rate currently standing around 1hour of television per day, most of which is made up of cartoons  [5]  . This could potentially result in aggressive and/or violent behavior by the preschoolers towards others in their surroundings. This information is worthy of notice because some of the most popular and most frequently watched cartoons have been featured to contain some of the highest amounts of violent and aggressive activity on television  [6]  which may have undesirable consequences on young viewers if overly exposed to such content. Accordingly this topic should be carefully investigated in order to be capable of preventing, and treating any unwanted outcomes of overexposure to violence in cartoons because investigation towards the effects of cartoon violence may be able to help prevent or minimize the development of vio lent behavior patterns among preschoolers in the United States. Development: Today it commonly known that many young children all around the world, including preschoolers in America, spend most of their day and a majority of their spare time watching the television. In fact recent studies have shown that in America, preschoolers alone were known to be watching an average of up to 30 hours of television a week.  [7]  It has been discovered that an average four year old child in America watches anywhere between 50 and 70 minutes of television a day, consisting mostly of cartoons.  [8]  This information is worthy of careful observation because some of these cartoons have been featured to contain some of the greatest amounts violent and aggressive scenes on television.  [9]  Research has shown that in-between years 1973 and 1993, over 90% of childrens weekend morning programs contained some form of violent activity, with an outstandingly high average of over 20 violent scenes per hour.  [10]   According to IMDB (Internet Movie Database) which is the third largest online database containing information mostly about movies and television programs and is considered to be one of most popular online entertainment destinations with over 100million unique users each month and over 41million registered users, where viewers are able to rate and comment on any television shows theyve watched  [11]  . Some of the top rated, and most frequently watched cartoons by preschoolers in America such as Teenage Mutant Ninja Turtles, Tom and Jerry, Ben 10, The Power Puff Girls  [12]  , à ¢Ã¢â€š ¬Ã‚ ¦ The list is endless and it is because of cartoons like these which are believed to contain some of the highest and most prominent levels of violent scenes from which the question on whether overexposure to such content may have any unwanted outcomes, arises. Among the most popular cartoon broadcasting channels were Cartoon Network and Nickelodeon  [13]  , which display all of the previously mentioned cartoons containing noticeable amounts of violence, and are mostly portrayed during Saturday and Sunday mornings when young children in America are mostly exposed to television. These cartoons which are frequently displayed and which contain violence are often those which get people of America worrying that overexposure to such content may result in an unwanted negative influence on preschoolers. Let us look at a summary of Tom and Jerry for instance. Tom and Jerry  is an  animated cartoon  , which is mostly focused on a rivalry between a  mouse  (Jerry) and a cat  (Tom) who chase each other throughout each episode which always contains some form of violence. Tom and Jerry is said to be  one of the greatest cartoons of all time.  [14]   It is a cartoon which was created in the 1940s and still today is considered to be one of the most popular and highly rated cartoons among young viewers in the United States according to IMDB scoring an outstandingly high 8.7 out of 10 score which was voted by viewers  [15]  . It is mostly displayed during prime time hours and on Saturday and Sunday mornings on Cartoon Network where it is mostly exposed to preschoolers in America. A Parents Guide section on the IMDB website where viewers and adults are capable of commenting on various television shows indicated how most viewers interpret the cartoon to be very violent and to contain dangerous weapons and abusive behavior towards animals and people. In addition there are times where the characters die at the end of an episode and come back alive in the next episode which may cause preschoolers in America exposed to the cartoon to get a false misinterpretation of death and the consequences of the actions displayed in the cartoon and in real life. In almost every episode of this show there is some form of violent activity where objects are smashed over either Tom or Jerrys head. Toms owner was very brutal and bizarre in the way he disciplined Tom. Many of the episodes feature Tom dying at the end, but he always came back in the next episode. Guns are used very frequently in the show,  but they never really show any real harm apart from blowing hair off or grazing the characters.  [16]   Despite the tremendous amount of violence which is displayed in the cartoon, it still is considered to be suitable, and is recommended for children of all ages. The most troubling thing of all is that Tom and Jerry is only one of many cartoons which portray such prominent levels of violence yet they are still recommended for all audiences. All of the previously mentioned cartoons (Teenage Mutant Ninja Turtles, The Power Puff Girls, Ben 10) all contain some sort of violence, usually in the form of aggressive physical force in order to prove a certain cause, or to defeat the evil characters. While examining the effects violence in cartoons on children, Haejung Paik and George Comstock found that all children, including preschoolers in America, demonstrated increases in violent behavior and manifested aggression when they were exposed to violent content from cartoons. Various studies conducted by the two have confirmed the suggestion that the aggressiveness of preschoolers increases after they have been exposed to a cartoon which contained some form of violent content, and also where the characters in the cartoons demonstrated aggressive behavior.  [17]   A Study conducted by psychologist Albert Bandura showed how this information which was gathered is linked with the social learning perspective indicating that preschoolers learn to behave by observing other people or characters in their surroundings and try to imitate how they would react in certain situations.  [18]   Bandura also found that the aggressive behavior which young preschoolers were demonstrating was mostly coming from violent cartoons. He concluded that children were behaving aggressively towards others because they tried to simulate the actions of the characters which they saw in those cartoons. He discovered that this behavior which the children had observed from the characters, had then been generalized into other forms of violent deeds by the preschoolers themselves such as aggressively playing with plastic swords and guns.  [19]   Bandura and Huston found that the observation of violent and aggressive acts in cartoons by 3-5 year old children in the United States, regardless of which character was involved and what connection they had with the child, was a sufficient condition for producing imitative aggression  [20]  for preschoolers. Moreover children who have been known to watch many cartoons containing a decent amount of violent activity are more likely to express some form of that aggression towards their peers or even adults, in contrast with those children who do not view much violent content in cartoons.  [21]   Bandura has conducted studies showing that those actions by the characters in cartoons which are rewarded are more likely to be remembered by the preschoolers, rather than those which are punished.  [22]   A report by the NTVS (National Television Violence Study) showed how almost 70% of violent acts in childrens cartoons did not result in any harm or pain to the characters who were involved. Another study also showed how less than half of the childrens cartoon shows had any form of punishment for these violent and aggressive actions of the characters.  [23]  As a result the violence which young preschoolers view from cartoons on the television may give them the wrong impression of what the outcomes could be in real life and in a real-life situation. The preschoolers are able to see how in most cartoons when an act of violence is implicated by one character towards another, the one who has demonstrated a violent or aggressive act towards the other character does not get punished for his/her actions in most cases, and does not suffer any consequences. In fact, in the cartoon Ben 10, the main character (Ben) destroys large amounts of the city in some situations including public and private property and inflicts damage in order to capture the villain, this mass destruction always goes unpunished, which may leave a false impression among young viewers that just because one bad guy was caught might approve or act as a justification for the destruction of other peoples property or hurting others. In fact the most common way of teaching moral lessons by protagonists in cartoons is by aggressive or violent acts.  [24]  This type of behavior is often rewarded and the character is considered a hero when he defeats the bad guy by using various forms of physically aggressive force such as the Power Puff Girls, who always inflict severe amounts of damage with their super powers in order to defeat the villain/s and are always considered heroes and are praised after every episode. Such cartoons in which the acts of violence are rewarded although in some cases are considered to be extremely harmful or pain inflicting, mislead the young children in perceiving those acts of violence as the right thing to do. By watching how the characters can almost always get away with it, and seeing how that sort of behavior is usually rewarded in the cartoons, the preschoolers in America might get the wrong impression of how they should be reacting in specific situations, and how they should be treating and behaving around others in their surroundings. Children often view the characters they see on television as their role models. They consider them to be heroes and observe how they are rewarded and praised for committing violent acts as well as possessing not only very aggressive attributes, but the characters also consisted of very attractive and appealing qualities as well.  [25]  . This leads preschoolers to draw conclusions that the aggressive behavior by their favorite characters is justified since there is no form of punishment, or consequences to show that it is wrong, as a result the 3 to 5 year old children have an increased motive to try and reproduce this behavior.  [26]   Many people fear that overexposure to cartoon violence may have long term effects on preschoolers behavior in America, especially if they are consistently being overly exposed to violent content in cartoons at such an early age.  [27]   There are many different theories suggesting what possible effects overexposure to violence in cartoons could have. Professor Dolf Zillmann developed his excitation transfer theory which suggests that while children are watching television or cartoons containing violence, they suddenly feel a need to transfer negative energy towards something/someone else, resulting in antisocial behavior and perhaps inflicting damage to other children in their environment.  [28]  Another famous theory founded by Professor George Gerbner was the cultivation theory which indicates that overexposure to television increases the likelihood of a mainstreaming effect where young children might confuse what they see as a twisted representation of the real world and real-life situations,  [29]  Which in turn may result in children developing a misinterpreted view of violence in the real world.  [30]  John Flavell, an  American psychologist, discovered that the understanding which preschoolers p ossess regarding whether the cartoons they watch on the television are real or imaginary is either very limited or not present at all. Meaning that there is a very high possibility for those young children to confuse reality from fantasy and comprehend what they see from cartoons as real.  [31]  Accordingly it has been discovered that 6-7 year old children had difficulties understanding the distinction between real world capabilities and those portrayed in cartoons and that they appear to have difficulty understanding television conventions that violate real-world possibilities.  [32]  We can form judgments from the previous findings because if 6 and 7 year old children arent fully capable of understanding the conventions on television and linking them with the real world, then preschoolers, being of a much younger age and generally unaware of the meanings of the events taking place in cartoons, would have an even poorer understanding of what they are watching and what possi ble connections it may have with the real world. It has been discovered that when a specific character in a cartoon exhibits aggression or acts violently towards another character, and at the same time provides a clear explanation justifying the reasons for his/her actions by the use of words, was far too intellectually advanced and overly complex for young children in between ages 3-5 in America to interpret and understand completely.  [33]  This may leave the preschoolers with a false memory or intuition of only an aggressive or violent act by one character towards another without any reasoning or justification involved. In order for young children to become fully capable of understanding the reasons behind the actions of the cartoon characters and their intentions, they need the assistance of an adult who is willing to explain the means of the situation and why the use of aggression should or should not be punished, and what possible consequences would be necessary to the characters who have demonstrated some form of aggress ion towards others.  [34]   Ronald Drabman and Margaret Thomas found that children lose all forms of sensitivity and feelings towards victims in cartoons by the time they leave preschool,  [35]  which could mean that the young 3 to 5 year old children are finally becoming capable of distinguishing reality from fantasy, and that they are becoming aware that the cartoon characters are not real. While on the other hand this information could mean that the children have lost interest or possibly gained the wrong impression of the consequences of the actions of the characters. E.g. if they watch a cartoon in which one character shoots another character, and the other character does not receive any injuries of any kind then the children may mistake guns for being incapable of inflicting any damage to other people in real life which could lead to serious consequences. While looking at the unrealistic capabilities of most characters from cartoons, in their fantasy worlds, we cannot really determine whether this violence is considered harmful to young children. Even though not all television networks and adults, especially parents approve that they are comfortable with the amount of violence depicted in cartoons, many older and mature people who watch adult television comprehend cartoons and fantasy as something which has nothing to with extreme violence what so ever, and so they do not find young children being exposed to this type of content worrying.  [36]   In fact Some of the worlds largest and most famous television networks such as Warner Bros. also characterize cartoon episodes to be a reflection of good versus evil that particularly underline the importance of loyalty and how punishment for being selfish is necessary under certain circumstances.  [37]  Consequently the violence which occurs when the good characters have to defeat the evil characters is justified because it is the morally correct thing to do, and these cartoons try to pass on the message how in order for a whole community to feel safe and enjoy their lives, some people have to suffer and be punished. Research shows that when children are able to interpret a cartoon with real life and compare the scenes which occur in the cartoon with real life situations, then there is a greater chance for the child to demonstrate aggressive behavior. Whilst on the other hand if the Childs understanding of the cartoon is rather poor and in their eyes is seen as unrealistic, then the chances of the preschooler showing any forms of violence or aggressive behavior, is significantly lower.  [38]   Research is continually proving that children in America between ages 3 and 5 do not completely understand the meaning of the cartoons they watch and that their apprehension of the shows they are being exposed to is very poor and could remain that way all the way through to until they are 8 years old.  [39]  By looking at this information we can conclude that because preschoolers have a poor understanding of the meaning and the plot of the cartoons which they are watching, the chances of inheriting any unwanted aggressive or violent behavior from those cartoons by the preschoolers will be significantly lower. A study performed by Hodapp showed how 5 and 6 year olds could not recall what they had learned while watching educational programs and how they were simply incapable of performing and putting those skills to action in real life in order to help themselves in difficult situations.  [40]   Therefore this leads us to a conclusion that preschoolers, being of a younger age and not as intellectually advanced as a 5 or 6 year olds, may also be incapable of interpreting the actions they see in violent cartoons. So as a result they will not acquire any negative influences or bad behavior from watching cartoons containing violent and/or aggressive scenes. Moreover the National Television Violence Study (NTVS) reported that for all cartoon programs, just over 30% of the characters who demonstrated some forms of violence in cartoon shows, also possessed some good and sympathetic attributes such as helping and caring for those in need  [41]  , which could be beneficial for preschoolers in America and teach them to exhibit concern and empathy for others in their surroundings. Judging by their age, preschoolers have been proven to have a relatively high ability of drawing conclusions about moral reasoning  [42]  such as recognizing and determining when the character has acted selfishly or whether their actions are morally wrong.  [43]   The preschoolers in America are known to be capable of identifying the difference between morally acceptable and unacceptable behaviors in society.  [44]  Meaning that they are aware of the rights and welfare of others in their surroundings and how they should be treated equally and with respect. In addition the investigators of this topic believe that 3 to 5 year old children are fully aware of the distinction between socially acceptable and socially unacceptable behavior and how they are capable of making judgments based on whether it is real life situation of something theyve seen from a cartoon.  [45]   This understanding of such situations at an early age may aid young preschoolers in finding a balance between the violence they view in cartoons and real life situations and it may not result in a negatively affected behavioral development in the future. Conclusion Does the violence depicted in cartoons have a negative influence on young viewers between ages 3-5 in America, and does it promote aggression and/or violent behavior. answer the research question. Throughout this investigation we have discovered that children between ages 3 and 5 in America may have difficulties when attempting to differ reality from fantasy which might intensify or negatively stimulate the preschoolers motive to act and behave differently and aggressively towards others in their surroundings. However we cannot conclude that a preschoolers aggressive or violent behavior is the result of being exposed to violence in cartoons. In order to make such assumptions we must first take into consideration the childrens perception of the violence depicted in those cartoons and the way in which the preschoolers understand what is happening and why. Therefore we cannot confidently say that the children will show similar behavior in the real world only because the characters may have acted aggressively or violently in the cartoons. When we focused on the most popular cartoons among preschoolers in America we found that they are clearly violent and how they might potentially influence the behavior of the young children in a negative way. However we also found that some of the acts of the characters could teach the preschoolers in America to act morally and to apply the skills they observe from television in real life which could be beneficial. In order for us to summarize the effects of cartoon violence on preschoolers in America it is crucial that we first determine how well the children understand and what they learn by watching cartoons. We found that if the children are capable of differentiating the transgressions which are present in the cartoons from those in real life and if they realize a distinction between socially acceptable and socially unacceptable behavior which they view in cartoons, then cartoon violence would not have such a negative impact on the behavior of the preschoolers as assumed. All in all cartoons which portray large levels of violence and aggressive activity will continue to do so and will remain a popular source of entertainment among the 3 to 5 year old viewers in the United States. The children will continue to spend most of their free time watching these cartoons which will perpetually be displayed on television during prime-time hours and throughout childrens weekend morning shows. Adults, especially parents in America play a vital role in influencing the impression preschoolers obtain by observing potentially harmful scenes in cartoons and the violent actions portrayed by the characters as an act of justice, and determining the moral and social acceptability of those actions. All in all the impact that overexposure to violent or aggressive content has on the more vulnerable audiences in the United States such as 3 to 5 year old children will remain unresolved as we have found evidence supporting both sides and various different views towards the topic and the possible effects which cartoon violence might have on preschoolers in America. I would suggest that adults watch cartoons alongside the children as they will then have the opportunity to answer any potential questions the children may have, and with the aid of an adult the children may interpret and gain a more clear understanding of the motives and reasons for the violent or aggressive actions which have been depicted by the protagonists in cartoons, therefore minimizing any possible unwanted outcomes. Word count approx = (4258)

Friday, January 17, 2020

Case Study of Lyons Document Storage Corporation

Case study of Lyons Document Storage Corporation: Bond Accounting Introduction The Lyons Company is currently a company providing storage of documents for other corporate customers. Lyons had operated conservatively without any long-term debt until it issued bonds in 1999. The bounds issued were $10 million in 20-year bonds, offering a coupon rate of 8% with interest paid semiannually, and sold to yield the 9% market rate of interest at the time. In the following essay, we take it as Alternative 1. These bonds were issued on July 2, 1999 and would be due July 2, 2019. But now, the investment bankers told the company’s owner, Mr.Lyons, that $10 million in new 6% bonds with semiannual interest payments could be issued to provide the company with exactly $10 million in principal at the end of 10 years. The new interest payments would be $200,000 less each year than old bonds, which still had 12 years before they would be paid off. We take issuing these new bonds as Alternative 2. If it is selected, 11542K/1K=11542 new bonds will Lyons have to issue to refund the old bonds. There is also a third alternative: Issuing $11. 54 million of 10-year 6% bonds to completely pay-off the existing bonds with no need for additional cash from the company.Now, we are facing the problem that if Lyons should issue one of the new bonds with lower interest rate or keep the existing bonds. One Concept about Bond First I want to talk about the terms of â€Å"premium† and â€Å"discount†. Usually there will be difference between the face value of the bond and the actual amount of money that the borrower receives when the bond is originally issued. This difference is called premium or discount. If the amount received is larger than the face value, it is called premium. If it is smaller than the face value, it is called discount. With this definition, we come to compute exactly how much the company eceived from its 8% bonds amount received by the borrower. The value, VN, is given by the following equation. VN=rZ(P/A,i%,N)+C(P/F,i%,N) Where: VN: bond value or balance sheet liability with N remaining periods r: bond interest rate Z: bond face value i: prevailing yield at time of issued C: redemption value at maturity For the old bonds, r=8% with semiannual payments, i=9%, Z=C=$10 million, N=40(one period is half a year). VN=0. 04*10(P/A, 4. 5%, 40)+10(P/F, 4. 5%, 40)= 9. 08 million. Thus, the company actually received $9. 08 million from the old bond, which is less than the face value $10 million. This is a discount bond.We can also using this equation to recalculate the amount shown in the balance sheet at December 31, 2006: VN=0. 04*10(P/A, 4. 5%, 25)+10(P/F, 4. 5%, 25)= 9. 26 million (number of remaining half-year period=25) At December 31, 2007: VN=0. 04*10(P/A, 4. 5%, 23)+10(P/F, 4. 5%, 23)= 9. 29 million The current market value of the bonds outstanding at the current interest rate of 6% equals to the actual amount of money the borrower will receive at that time. We can also use the above equation to do the calculation. This time r=6% with semiannual payments, i=6%, Z=C=$10 million, remaining number of period=21.VN=0. 03*10(P/A, 3%, 21)+10(P/F, 3%, 21)=$11. 54million Comparison between three Alternatives We can compare these three alternatives based on two aspects: cash flows and book earnings. First, let’s compare the cash flow. Here we use the differential PW method and set alternative 1 as the base. For Alternative 2, there is $1. 54 million cash outflow in Jan. 2009, since $11. 54 million is paid to retire the old bonds. In the following years, alternative 2 will pay $100K less than alternative 1 semiannually, till July. 2019. But for alternative 3, as the new bonds’ face value is $11. 4 million, we do not have to pay the $1. 54 million in Jan. 2009. And the differential annual cash flow is $53. 8K, which is $11. 54 million times 3% interest rate. Besides, we need to pay $1. 54 million more when it co mes to maturity. This is because the redemption value equals to the face value, $11. 54million. The differential cash flow is listed in Exhibit 1. With the cash flow of every period, we can calculate the differential cumulative PW. The differential cumulative PW for alternative 2: PW2=-1542K+100K(P/A,3%,21)=-$0. 5K. The differential PW for alternative 3: PW3=53. 8K(P/A,3%,21)-1542K(P/F,3%,21)=$0. K. The negative differential PW for alternative 2 means the company will eventually pay more money compared to alternative 1. The positive differential PW for alternative 3 means it will eventually receive more money. From the cash flow perspective, it seems the company may issue the $11. 54 million of 10-year 6% bonds. Another aspect is book earnings. Earnings will be affected by: (i) the $2. 2 million loss on refunding in 2009, (ii) differential interest payments in every period, and (iii) differential â€Å"amortized discount† expense in every period. The $2. 2 million is from $11 . 4 million spent to retire bonds minus the $9. 3 million listed on the balance sheet at that time. The differential interest payments are the same as those in the cash flow perspective. The amortized discount of alternative 2 and 3 is zero for each period. This is because the interest expense is $10 million*3%=$300K semiannually. The actual payment is also $300K semiannually. There is no difference between these two values. Therefore, the old amortized discount equals to the differential amortized discount. Old Amortized Discount=Interest Expense-Payment. (See Exhibit 2) For alternative 1, first we use $9079. K, which is calculated in â€Å"One Concept about Bond†, as the liability at the beginning of the first period. The interest expense of every period equals to the liability at the beginning of that period times the interest rate. Liability at the end of the period before payment (column D) equals to column B plus column C. Finally, after deducting $400k from column D, w e get the liability at the end of the period, which is $9088. 5K. Use this value as the liability at the beginning of period 2 and repeat the calculation above, we can finish the left side part Exhibit 2. This table shows how the liability increases with each period.At the end of the 20 years it is exactly equal to $10 million face value. To compare the differential book earnings for alternative 2 and 3, we just add an extra part to the left side of the original table. There will be a $2. 2 million loss in the first period, and differential interest payments and amortized discount in the following periods. We add up these 3 differential values and get the New Earnings Effects. (See Exhibit 2 and 3) Conclusion From the book earning perspective, we can see that if the company issue any kind of new bond, there will be increases in future years’ earnings and a loss in current year’s earnings.The loss will make Mr. Lyons unhappy. As a matter of fact, this perspective just g ives us an implication of the company’s financial status. It is more reasonable to use cash flow to compare these 3 alternatives, since it takes the time value into consideration. From the cash flow perspective, since PW3> 0 but PW2< 0, which means Alternative 3 finally makes us pay less money than Alternative 1 but Alternative 2 finally makes us pay more money than Alternative 1. Thus we should choose Alternative 3.

Thursday, January 9, 2020

Nucor Corporation The Face Of Innovation Essay - 1953 Words

Nucor Corporation Millennials The Face of Innovation Nasheemah L. Kennedy 12/6/2016 Abstract Nucor Corporation is an American producer of steel and related products founded in 1940 and presently headquartered in Charlotte, North Carolina. Currently Nucor Corporation is the largest mini mill steelmakers in the United States. Nucor also ranks as the largest steel producer in the United States of America. Nucor prides itself on focusing on its commitment to the growth and their team mates, the elimination of hierarchy in management as well as looking internally for innovative ideas to remain technologically and economically competitive. Nucor attributes their success to their team. So the questions I will propose in this paper is with the majority of the company’s workforce being skilled workers. Can a millennial be successful in a corporation of this magnitude? Will Their innovative ideas be over shadowed by their inexperience? The History In 1905 Ransom E. Olds creator of the Oldsmobile left his company Olds Motor Works to form REO Motor Company. This company evolved into the Nuclear Corporation of America which was later named Nucor. REO had gained great success with its heavy reliance on defense contracts, until the end of the Korean War in 1955. Due to the end of the war and defense contracts at that time REO assets were merged with Nuclear Consultants Inc. to form Nuclear Corporation of America. In 1962 Nuclear Corp. acquired Vulcraft. 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In 2012, Nucor was the largest manufacturer of steel and steel products in NorthRead MoreSteel Company : A Failure Of Two Corporations : Nuclear Consultants And Nuclear Corp.1925 Words   |  8 PagesRyan Ellison Professor Gilmore Nucor Case 3/29/2016 Nucor Steel Company started as a failure of two corporations: Nuclear Consultants and Nuclear Corp. Nuclear Corp was quickly diversifying by participating in the â€Å"conglomerate† trend of the time by acquiring high-tech companies specialized in semi-conductors, radiation sensors, air-conditioning technology, and rare earth metals. In 1965,when Nuclear Corporation was the verge of bankruptcy, Ken Iverson, who was in charge of just successful divisionRead MoreNucor Corporation: Market Survey and SWOT Analysis1592 Words   |  6 Pages Nucor Steel Industry Overview Globally, the U. S. steel industry is one of the largest as measured both by production as well as consumption. In 2010, the U.S. was third in global crude steel production with almost 6 percent share (Market Research.com, 2011). Until 2009, Nucor operated in an industry which experienced significant output declines during recent decades. The U.S. steel industry was operating at capacity levels of less than 50 percent and had lost more than 50,000 jobs sinceRead MoreSummary Of Halletts Efficiency Trap 1503 Words   |  7 Pagesand turbine to electricity (p. 278). This second efficiency trap validates the author’s initial argument that efficient actually does not mean less consumption. In the final analysis, the author believes that the world, in the coming decades, will face the wrath of nature’s long-term feedbacks in a form of divesting force because our society has outgrown its energy supplies and resource base, which degrades its environment (2013). Based on these claims, the next section of this paper will containRead MoreNucor Corporation4689 Words   |  19 PagesNUCOR COrp. | Final Report | Submitted to Dr. Vitton | | Nick Pickard, Kyle Nelson, Nathan Elness – Team 6 | 11/27/2012 | Completed as a partial requirement for Mgmt 475: Strategic Management in the 11:00 AM Section. | Table of Contents: Introduction. 2 Industry Analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..........................3 Marketing†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..6 Production/Operations†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦9 Read MoreNucor Swot Case Study6937 Words   |  28 Pageswebsite: Nucor Corporation is made up of 17,300 teammates whose goal is to Take Care of Our Customers. We are accomplishing this by being the safest, highest quality, lowest cost, most productive and most profitable steel and steel products company in the world. We are committed to doing this while being cultural and environmental stewards in our communities where we live and work. We are succeeding by working together. Strategic Profile and Case Analysis Purpose Nucor is a leadingRead MoreNucor Case Study3420 Words   |  14 PagesCase Background The Industry Nucor Corporation has been moving in a very challenging industry which has faced various problems in recent years. The steel industry experienced slowed demand for steel which resulted from substitution of alternative materials. Furthermore, it also had to cope up with increased foreign competition and strained labor relations. But despite all these obstacles, Nucor Corp. still managed to have a five-year sales growth average of 23%, which is 11 percentage pointsRead MoreNucor Case Study3405 Words   |  14 PagesCase Background The Industry Nucor Corporation has been moving in a very challenging industry which has faced various problems in recent years. The steel industry experienced slowed demand for steel which resulted from substitution of alternative materials. Furthermore, it also had to cope up with increased foreign competition and strained labor relations. But despite all these obstacles, Nucor Corp. still managed to have a five-year sales growth average of 23%, which is 11 percentage points higher

Wednesday, January 1, 2020

The Most Important Aspect Of Life - 874 Words

Religion is apart of peoples daily life and gives someone, something to believe in. All religions have some sort of important leader that followers look up to on a daily basis. Take Gandhi and Dalai Lama, for example, they both embrace the fact that spiritual evolution is the most important aspect to life. Both leaders take on a role of non-violence actions and are known to represent the idea that people in society can always evolve and transcend to become a better human being. Even though they both have similar aspects in life, when we look and depict the information given; we can see that these two individuals have very different views, practices, and beliefs. By now, we most likely all have heard of an important person in Hinduism named Gandhi. Mohandas Karamchand Gandhi was known as the â€Å"great-souled one† to many of his followers during the 1920s. He took an important role in India’s struggle to gain economic independence from Great Britain and is the preeminent leader of the â€Å"Indian independence movement† in British-ruled India+. One of Gandhi’s famous quotes stated, â€Å"the best way to find yourself is to lose yourself in the service of others†+. In other words, Gandhi feels that the best way to show who you really are as a person, is to find a way to care for anybody except yourself. His views on serving others rather then achieving duty for self accomplish is inspirational amongst those who look for finding Atman or â€Å"eternal self†. Interesting enough, Dalai Lama’sShow MoreRelatedThe Most Important Aspects Of My Life990 Words   |  4 Pagesalways been one of the most important aspects of my life. Teachers are some of the most disciplined people on the face of the earth because they are the ones that are responsible for educating future generations. They shape the lives of students by passing on values and beliefs, passion, and a better understanding of their subject matter. In the elementary grades, students are often asked, â€Å"What would you like to be when you grow up?† I can remember a time in fourth grade when most of my classmates hadRead MoreIs Reputation The Most Important Aspect Of Life?1195 Words   |  5 Pages Bear Matthews English Is Reputation the Most Important Aspect of Life? Everyday thousand of people interview for a job, talk with friends and go to work. The only reason that they get that opportunity for a new job is because they have strived to build a strong reputation, so they stand out as a smart person simply because of their reputation. When people talk to their friends everyday, it is because of the reputation that they have given themselves that makes their friendsRead MoreEducation Is The Most Important Aspect Of Life2012 Words   |  9 PagesPhilosophers say that life is one unending lesson, that the absorption of knowledge never ends. This motto is superbly represented in all of the pieces that Ms. Frankenberg’s Composition class has read, watched, or listened to. Whether this education has been obvious or not, through a classroom or another medium, it is usually delivered in lessons that are meant to last a lifetime. By dissecting all of the aspects that can be taken from these educational situations, the credit goes to those who ta ughtRead MoreReligion Is The Most Important Aspect Of A Person s Life1057 Words   |  5 PagesFor centuries, and just until recently, religion was the most important aspect in a person’s life. From the beginning of times, new communities have emerged as a result of religious battles or disagreements among those who reject the idea of an imposed religious state. Religion have predominantly governed the economic, societal and political institutions of our word for decades. It is so that every nation or community in the world have adopted their rules of law, and societal rules according to theRead MoreAspects of Life794 Words   |  4 PagesWhat are the three most important aspects of life that can guarantee a happy life? ‘Succeeding in all aspects of life in a single lifetime is nearly impossible. However, if a person who manages this, that person will certainly get all the happiness in life.’ All the aspects of life are related to emotions and feelings. The environment and surrounding, that includes family, friends, school and work place help people to shape their ideologies, principles, and ethics in life. The religion and communityRead MoreImportance Of Family In Life810 Words   |  4 PagesIn life, many things are important to a human’s existence and worth. The most important aspect in life is family because without family a person would not exist. Family is often described as being the people that have been there through everything. A person’s family is usually the people that brought them into the world but, in some cases a person’s family can be people they aren’t even related to. Throughout this essay the aspects of family are going to be describe d to inform the reader on why familyRead MoreClass Structure, Warfare, Family Life, Religious Practices, and Agriculture Are Aspects of the Aztec’s culture641 Words   |  3 PagesClass structure, warfare, family life, religious practices, and agriculture are all aspects of the Aztec’s culture. The Aztecs had a legend about the beginning of their empire. The legend said that the gods will send an eagle perched on a cactus and have a snake in its mouth. This was than the right place to build their empire. The Aztecs were a powerful empire that prospered. The first important aspect in the Aztec’s culture was class structure. At the top of the structure is the ruler. The rulerRead MoreThe Importance Of Breaking Negative Habits And Building Positive Habits1452 Words   |  6 Pagespersonal and professional life require skills that are necessary to build good relationship with other people. Human relations include a desire to understand others, their talents and ability, their strengths and weaknesses, and most importantly an understanding of personal and professional growth and development. This paper will explore seven areas of human relations in order to obtain personal and professional accomplishments. This paper will also discuss the important aspects that I will carry forwardRead MoreIn Today’S Society, It Is Important To Recognize That Every1230 Words   |  5 PagesIn today’s society, it is important to recognize that every culture has different aspects and ideas that are unique to themselves. These incl ude language, religion, ideas and more. In order to be an open-minded and peaceful member of society and the world, is important to know how to be respectable and tolerant of cultures that are different from your own, and one can learn about and respectfully indulge in other cultures and their ideas. Being open-minded and respectful allows a person to make friendshipsRead MoreGlobal Competition: Culture and Tourism1070 Words   |  5 Pageswill compete to defend presence acknowledgement by the world. The development of all aspects of life makes the state in any hemisphere shows of wealth as well as his true identity as a country. A country’s resource wealth into the shield from the impact of the progress of the world, but it also can we take advantage to make our country as the world promotion. The development of the world culture as icons make important to maintain themselves in the middle of the era of competition, culture is a symbol