Critical Analysis Of Oedipus The King - 1025 Words

Critical Analysis: Oedipus the King Oedipus the King is a tragic play showing a shift from the belief of fate to freedom of choice. Therefore, Oedipus the king is a great example of those who run from fate ends up fulfilling their fate After reading this type of tragic play â€Å"Oedipus the King† written by Sophocles you can see that the author did a very outstanding form of presenting a tragedy that has the characteristics of mimesis and a tragic hero. Specifically, the writer written the play that would leave many readers to be able to relate to and have a character whom characteristics are noble and basically good. A purpose of tragedy is â€Å"catharsis†. In other words, the main reason for a tragedy in a play is to purge an individual of†¦show more content†¦In the end, however, Oedipus’ hubris ways led to his tragic reality. He lost his wife. He lost his eyesight. He lost his children. He lost his kingship. With all his confidence and his pers istence, he uncovered the riddles of his life and found out that he was the boy born of Laius and Jocasta who was the subject of the prophecy. His intelligence, pride and confidence led to this discovery, which resulted in him losing everything that he had which in the end he fulfilled his fate. The most crucial point in the play â€Å"Oedipus the king† was the fact that Oedipus was completely unaware that he killed his own father. He had a mission to find out who was his father’s killer. Effectively the more Oedipus was motivated and with his excessive confidence in knowing the truth of who killed his father, the play began to unravel and starts to fit together like the pieces of a puzzle that Oedipus was known for figuring out. The more he pushed in finding who his father killer was the more he was towards his reality of terror. The place where three roads meet was the place where Laius was killed and the place where Oedipus, himself had killed a man. He thought h is father was a man named Polypus, the king of Corinth yet a man had shouted out at a banquet that he was not his father’s son. He was given a apprehension of â€Å"a future great with pain, terror, disaster†¦You are fated to couple with your mother, you will bring a breed of childrenShow MoreRelatedOedipus : The King Of Thebes And Tragic Hero Essay728 Words   |  3 PagesOedipus: The King of Thebes and Tragic Hero Ancient Greek Literature encompasses an assortment of poetry and drama to include the great masterpieces of tragedy. In Classic Literature, tragedies were commonly known for their elaboration of a protagonist fitting the classification of a tragic hero. This type of a tragic hero often collectively described as a character of noble birth, facing an adversity of some nature and a fate of great suffering. The characteristics of what encompassed a tragic heroRead MoreHuman Conscience And Destiny In Oedipus The King By Sophocles1447 Words   |  6 Pageselaborate, than â€Å"Oedipus the King† by Sophocles, but there is not a single one, in which the philosophical depth and tragic strength would be combined with such incomparable sophistication, noble grace and structural perfection. The image of a monstrous Sphinx with the face of a woman, wings, sharp claws, the body of a lion and mysteriously dangerous speech penetrates the whole tragedy as an incorporation of destiny and unkno wn future. The following research represents a critical analysis of the Sophocles’Read MoreHamlet vs. Oedipus Essay898 Words   |  4 PagesCharacter Analysis of Prince Hamlet in Hamlet by William Shakespeare and Oedipus in Oedipus King by Sophocles In Aristotles literary discourse, Poetics, he discusses his theory of tragedy, wherein he introduces the concepts of tragic flaw or hamartia, which serves as the catalyst for the protagonists downfall or the tragedy of the story to happen. He determines a tragedy as a drama that brings about a sorrowful conclusion, arousing fear and pity in the audience (Roberts and JacobsRead MoreSexism In Oedipus The King1395 Words   |  6 Pagestragedy, Oedipus the King, is not sexist. The prominent play portrays both men and women justly. The events presented by Sophocles exemplifies a level of admiration and respect for women that was not ordinary in ancient Greece. This is predominantly achieved through the dialogue of Jocasta and Oedipus, illustrating a corresponding relationship. In addition, the behavior of Jocasta, analysis of other literature, as well as the bad fortune of the male characters reaffirm that the Oedipus the King is notRead MoreWhich Is More Responsible for Oedipus‚ Äà ´ Fate, Oedipus Himself or ‚Äà ºMoira‚Äà ¹ Fate?1057 Words   |  5 Pagescan have some bearing on our lives, whether the effect is adverse or desirable. Sophocles’ Oedipus the King is a play representing a Greek belief determining the fate of men. The Greeks firmly believe that they are bound to any prophecy made by the gods. With this in mind, one would initially agree that â€Å"moira† is solely responsible for determining Oedipus’ fate. However, after a thorough analysis of Oedipus’ character we see how his actions play a significant part in determining his fate. AdditionallyRead More Oedipus the King: Does Oedipus Satisfy the Definition of a Good Man?1415 Words   |  6 PagesDoes Oedipus Satisfy the Definition of a Good Man?      Ã‚  Ã‚  Ã‚   As a young man, Oedipus learned of his fate to kill his father and marry his mother.   Oedipus flees to a distant land to escape his terrible fate and inadvertently fulfills the prophecy. Unknowingly, Oedipus kills his father and enters the bed of his mother.   Was Oedipus was a good man who happened to suffer an unfortunate fate, or was he a truly bad person, whose fate was only just?   If we accept the Aristotelian views of good and badRead MoreOedipus the King: Oedipuss Submission to the Gods Essay1529 Words   |  7 Pagesunderstood this, and dissipated any pollyanic view of society by presenting us with plays that were intended to teach. Sophocless Oedipus the King issued a warning for those who foolishly believed that they could challenge the forces of nature. Sophocles was known for presenting characters that are fluid not static. So it should come as no surprise that the Oedipus the reader encounters at the outset of the play, an extraordinary leade r, but one whos pride has lead him to challenge his fate, hasRead MoreOedipus Tragedy Analysis929 Words   |  4 Pages Poetics and the Perfect Tragedy: An Analysis of Oedipus Tyrannus Aristotle’s Poetics argues that the a successful tragedy is determined by its â€Å"plot, character, diction, reasoning, spectacle and lyric poetry† (50a8). A great tragic work, as described by Aristotle, will be impossible without plot, but characters are merely optional—the most effective tragic device lies in the perceptions and implications a tragedy’s plot yields. Yet, having a protagonist of â€Å"not outstanding moral excellence or justice†Read MoreJustification of Creon in Antigone by Sophocles Essay994 Words   |  4 Pages Antigone is a tragic play written by Sophocles in about 441b.c. The play is a continuation of the curse put upon the household of Oedipus Rex. Sophocles actually wrote this play before he wrote Oedipus, but it follows Oedipus in chronological order. The story of Antigone begins after the departure of Oedipus, the king of Thebes, into self-exile. Oedipus’ two sons, Eteocles and Polyneices, were left to rule over Thebes. An argument over rights to power forces Polynices to leave Thebes. Read MoreLacan once said, in an unpublished seminar, â€Å"the Oedipus Complex is a dream of Freud† (Felman,1600 Words   |  7 Pages Lacan once said, in an unpublished seminar, â€Å"the Oedipus Complex is a dream of Freud† (Felman, 1034). It is a questionable theory and a so-called ‘dream’ because Sigmund Freud developed the Oedipus complex in such a way that allowed him to stand as an example of his own theory. It begins with what Freud would call ‘introspection’; the analysis of one’s self. He developed terms to use in his psychoanalysis; terms that divide the self and attempt to explain aspects of the human personality. Adding

Descriptive Essay About Scrabble - 1106 Words

It is a sunday afternoon full of immense heat. My dreary husband and I are about to begin a game of scrabble. Such a bore, yet it is the only thing we can think of to do in the boring afternoon. My husband seems to have a pained look on his face. The kind of look that makes it seem my very presence in this room aggravates him. Maybe it is the heat, maybe he is just having a bad day. Little does he know that his day is about to get a whole lot worse, thanks to this not so ordinary scrabble board. We begin our game. I draw out my letters and place them on my rack. I have some decent letters, maybe I can make a play off my husbands word. He plays BEGIN, picking up very little points for his effort. I play JINXED of his word, hoping he will†¦show more content†¦I can tell the noise of my pieces annoys him, I like that. He seems on edge, and slowly starts to fidget and move about in his chair. For a minute, I do not think I am going to even make it to the end of the game. For a brief moment, I thought he was going to physically kill me first. However the look of anguish passes over his face and he slumps back down in his chair, seemingly defeated. Suddenly I see my next word, I play READY. Almost as if I am preparing him for his fate. I see a quick movement of a hand at the last possible second. Coincidentally, my husband plays the word CHEATING. I am almost certain he is doing just that, but I think I will entertain myself and ask anyways. Unfortunately I receive no response. To my benefit this helps me realize my next word, which was IGNORE. My husband is rearranging his letters furiously. It seems he is really looking for a special word to score big on me. I am anxious and afraid to see what he plays, because the game works both ways. He has found his word. He settles on EXPLODES. As my husband lays his last letter down, there is an almost ear shattering bang that comes from our air conditioner as it fails once again. But that was not the most frightening thing to happen at that moment. It was the look of disbelief upon my husbands face. He studies the words on the board. Looking about the room. I think he has figured it out. The words on my gam eShow MoreRelatedLogical Reasoning189930 Words   |  760 PagesUniversity of Colorado at Denver; Dean J. Nelson, Dutchess Community College; James E. Parejko, Chicago State University; Robert Sessions, Kirkwood Community College; and Stephanie Tucker, California State University Sacramento. Thinking and writing about logical reasoning has been enjoyable for me, but special thanks go to my children, Joshua, 8, and Justine, 3, for comic relief during the months of writing. This book is dedicated to them. For the 2012 edition: This book is dedicated to my wife

Macbeths humanity throughout the play - 1003 Words

‘What is so tragic is the spectacle of a man who could have been a great human being but who loses most of his humanity and greatness by the end of the play.’ Write about the way this theme is developed in Macbeth. The tragedy seen in this play is the loss of the man that Macbeth could have been, hadn’t he given in to fulfilling his ambition. Shakespeare leads us to see the deterioration in both Macbeth’s character and his morality. Macbeth, being the tragic hero of the play, undergoes some great changes throughout the acts. Macbeth cannot resist his ambition, and this leads him to his downfall. After a lot of deliberating within himself he decides to act on the witches’ prophecies. He freely decides to believe in what the witches†¦show more content†¦Although he still felt guilty, saw his ghost, he wasn’t as troubled as when he killed his King. ‘I am afraid to think what I have done. Look on’t again I dare not.’ In Banquo’s murder he was more determined and no longer needed Lady Macbeth to push him on. He states ; ‘Strange things I have in head, that will to hand Which must be acted ere they may be scanned.’ This shows that from now on he will act upon his plans immediately and will not deliberate about them. His madness drives him to kill Macduff’s innocent family, due to his cruelty the Scottish and Scotland itself must suffer. His reaction to Lady Macbeth’s death further implies that he has become empty of any feeling and this also shows that the two have grown apart. He has become so fearless that he ‘has almost forgotten the taste of fears’. Once his life is cursed, he realises that the witches were never to be trusted however it is now too late. The great tragedy of the play is the loss of the kind of man Macbeth could have been and almost was. The contradictions of his character and his fatal mistake in giving in to his ambition could not make this possible. Macbeth has chosen to fulfil his ambition freely and is responsible for his actions. He is seen as a tragic hero as he loses his greatness due to hisShow MoreRelatedMacbeth, By William Shakespeare716 Words   |  3 Pagesfirst builds Macbeth’s character as a courageous and capable warrior through the wounded captain’s account of his valor on the battlefield. However, this perspective is complicated as a result of Macbeth’s interaction with the three witches, in which the notion that his physical courage is accompanied with an insatiable yet empty ambition and a tendency to self-doubt becomes known. These three attributes: bravery, ambition, and self-doubt, struggle for mastery of Macbeth throughout the play. As the storyRead MoreComparison Of Masculinity In Macbeth872 Words   |  4 Pages Alternative characters in the play contrast Macbeth and Lady Macbeths twisted perception of a man by allowing their emotions and not giving in to traditional gender roles. When taking a look at masculinity in Macbeth, MacDuff’s is an aforementioned character. Shakespeare gives MacDuff phrases, which contrast the misguided ways of Macbeth and his Lady, and also show that there is hope in masculinity. It is obvious that MacDuff is Shakespeares ideological adaptation of a real man. MacDuff knowsRead MoreMoral Dilemas in Shakespeare ´s Macbeth Essay1042 Words   |  5 Pagessociety while other also affluent authors have faded into irrelevance? The answer ultimately lies in Shakespeare’s ability to write heart wrenching plays that center around moral dilemmas that the everyman experiences. The universality of Shakespeare’s work, in this case particularly Macbeth, stems from his portrayal of the common moral struggles humanity faces; how as a species the distinct, s avage, and innate feelings humans are born with are difficult to interpret by the mind. Macbeth serves as notRead MoreEssay on The Significance of Soliloquy in Shakespeares Macbeth853 Words   |  4 Pagessc. 1 lines 48-72, we witness a sad soliloquy as it shows Macbeth’s growing detachment from humanity due to his guilt conscience that keeps coming back. The soliloquy shows he is never at peace ever since he broke the laws of nature but takes it a step further when he starts cutting ties with his close friend, Banquo who is known for his wisdom, and leads us to think what Macbeth could possibly do next. The soliloquy starts with Macbeth’s reflection after he became king, ‘to be thus is nothingRead MoreMacbeth and Picture of Dorian Gray Essay1821 Words   |  6 Pagesexcellent effect, amongst others. Historical Values/Context: Was shunned by the public for it’s immoral and unorthodox nature. Hint of homosexuality Faustian Bargain – (decay of living standard) Cultural Values/Context: Values of humanity (fear of losing humanity/identity) Macbeth – Elizabethan Era Macbeth goes under manipulation by the witches, and is seen to swap his soul due to his pride and ambition, which eventually leads to his destruction. Quote: Macbeth says, The Prince of CumberlandRead MoreWilliam Shakespeare s Macbeth And The Human Condition1292 Words   |  6 PagesWilliam Shakespeare’s plays have been analysed and studied for hundreds of years. They are an iconic aspect of human history and are considered by many, even today, to be timeless classics. But how is it that stories written centuries ago continue to maintain so much relevance in modern society? Hello and welcome to today’s public forum; Shakespeare – its relevance in our world today. Shakespeare’s ability to capture the essence of the human condition, the key characteristics and ideals that composeRead MoreMacbeth Response : Analytical Essay945 Words   |  4 Pagesmakes him keep committing acts of murder to make sure he stays in the position of king. These character flaws also reflect humanity. The flaw of blind ambition can be compared to powerful people and companies who went to unsafe or unethical ways to get what they wanted. Macbeth’s first character flaw is his blind ambition. He is an ambitious character throughout most of the play, although at the beginning of the story he doesn’t care much for power as he expresses surprise when he is named Thane ofRead MoreTheme Of Blood Imagery In Macbeth1001 Words   |  5 PagesShakespeare’s use of Blood to Represent Guilt â€Å"Guilt is cancer. Guilt will confine you, torture you, destroy you as an artist. Its a black wall. Its a thief† (Dave Grohl, BrainyQuote). In Shakespeares play Macbeth, Shakespeare uses Macbeth’s guilt as a recurring theme. Macbeth is about a man who receives a prophecy from three witches who tell him he will become soon become the king of Scotland. In his quest to become king, Macbeth will do anything, even kill one of his best friends, regardlessRead MoreMacbeth Fate And Free Will Analysis1198 Words   |  5 PagesMacbeth, Shakespeare pits destiny against decision throughout Macbeth’s journey towards his downfall. While Macbeth is given options and opportunities by fate throughout the play, it is his own decisions and free will that lead to his ultimate downfall, and it is this exercise of free will over fate that resonates so strongly with audiences. Shakespeare’s juxtaposition of fate and free will in Macbeth begins with the opening scene of the play, which portrays the three witches discussing where theyRead MoreThe Change in Psychological Behavior in Act 2 Scene 2 of Macbeth1450 Words   |  6 PagesAct 2 Scene 2 is a crucial part of the play, because of the off staging of Duncan’s murder shifts the focus onto Lady Macbeth and Macbeth, as well as revealing the psychological behavioral changes and how the scene affected these two characters. The scene eventually leads to the deterioration of Lady Macbeth and Macbeth. In this scene Macbeth kills Duncan and almost immediately after the deed is done, he starts to develop a guilty conscience. Also throughout this scene Lady Macbeth shows her confidence

My Family As A Builder Of Knowledge, Community, And Values...

On June 14, 1999 a girl was born to Gerard Anthony Workman and Debra Benjamin Workman. That girl was me, Lauryn Symone Workman. Two years later my brother, Gerard (not a junior, his middle name is Benjamin), was born in July. Three years after that my sister, Olivia, was born. That completes my family. We have no pets and neither of my grandparents nor any other extended family live with us. We live in a two story house on a cul-de-sac. I grew up with the people that live on this cul-de-sac and we are all very close. My family is Christian and hard working and I was raised to be the same. My family is large contribution to my ability to be a builder of knowledge, community, and values. Being a builder of knowledge is everything when it comes to life in general but throughout high school and the rest of my education I have exemplified the qualities a builder of knowledge ought to have. Coming into my freshman year I was an all A student who wanted a challenge, I took an AP course. Adv anced placement was definitely the challenge I craved, but more than that AP Human Geography quenched the thirst for knowledge that I had. That class led me to learn more than I could ever dream of and I still use many of the concepts in my social studies classes. This class also provides evidence of my work ethic as I was able to pass the exam with a 4 (on a five point scale). My sophomore year, I took three more AP classes and even an IB math class and still maintained an A/B average. I amShow MoreRelatedAn Interview Questions On Career Development859 Words   |  4 PagesPortal.csuglobal.edu (2015) a resume contain highlight of an employee qualification, skills, experiences, knowledge (QSEK) and accomplishment in a concise outline. Resume is a selling tool used by applicants and for Human Resources Officers, hiring managers and potential employers to see what positons were held and are used to review the QSEK. This assignment contains two sections first this is my personal job search, building of a resumes and the second section contains developing an interview questionsRead MorePersonnal Marketing Plan: A Career as An Academic Administrator1137 Words   |  5 Pageswhile attaining my Bachelor of Business Administration degree at Texas State University, and receiving recognition for my academic achievements, I graduated with a focus in Management in the spring of 2012. While working on my Bachelor’s, Texas State requested I apply for graduate school due to my Graduate Management Admission Test score. Since then I have been excelling among my peers and am set to graduate with my Masters of Business Administration in December of 2014. I value hard work, commitmentRead MoreReflection Paper On Inter Professional Collaboration951 Words   |  4 Pagescollaborative work between employees. Throughout my essay I will be using LEARN format for better reflection on my clinical practice, my thoughts and feeling. As a nursing student in Early Identification team which is focused on maternal and children’s health, I will discuss my experience as being a part of this team. Look back During my last year of nursing program, I was placed in Child and Family Health Division at York Region Public Health Services. My preceptor, N., is assigned to revise referencesRead MoreUnit Eymp 1 Context and Principles for Early Years Provision Essay1527 Words   |  7 Pagesverity of opportunities for child –initiated play. Also practitioners are encouraged to talk to children about their learning and extend that activity with involving them self. E.g. providing role model also character such as a doctor, police men and builder cloths and equipment for play 3. Montessori: The originally approach that method organised by Maria Montessori, who want to use this method for Disable children to improve children outcome. This approach is important for practitioners as anRead MoreTotal Home Automation Essay6785 Words   |  28 Pagesneed for companies that are able to meet the demands of the customer, primarily the builders and the wants of the homeowners they are trying to appease. The primary aspect of the business that is lacking is a sense of professionalism, quality and reliability. The concept of partnering with a builder, or builders, will become essential in the survival of companies in the field of home automation. The builder, attempting to meet the needs and wants of the new home owner, must have competent andRead MoreDoes Black Architecture Exist?1653 Words   |  7 Pagesworks of art called architecture. I will show myself, my class, and my family that African-American/Black architecture most definitely did exist centuries ago and still does today. Literature Review Does black architecture exists? If so, why has it been ignored for so many centuries? I am reviewing this topic to show that black architecture does exist today and always have existed since centuries ago. I want to be more knowledgeable about my culture of African-American architects and their extraordinaryRead MoreWhy The Criminal Justice System Works Will Only Make Me A Better Victim Advocate2394 Words   |  10 PagesMy Why My desire to help young adolescents who are remanded to the foster system regardless of their circumstances has pushed me in pursuing a Criminal Justice degree and has furthered my desire to become a Victim Advocate. Understanding how the criminal justice system works will only make me a better Victim Advocate. The ability to provide information and consolation on what victimization is, can help anyone who is going through a traumatizing experience. It can even lessen the intensity of traumaRead MoreBenefits Of An Overseas Ngo Volunteering Organization1611 Words   |  7 Pagesuncertain as is yet far from completion The project is being built since 2012 by the youth of Montebello and several international volunteers it has provided training to this community of scarce resources while their school is built, always under the criteria of social development and environmental sustainability. A good model of knowledge transfer, â€Å"learn by doing†, through the use of local materials. The project It is a 3 story building that uses bamboo as unique structural material. It hosts new classroomsRead MoreTransformational Leadership : A Leader And A Manager Essay3124 Words   |  13 Pagesthat I wouldn t do myself. 2. My followers would say that they know what I stand for. 3. Inspiring others has always come easy to me. 4. My followers have told me that my enthusiasm and positive energy are infectious. 5. My followers would say that I am very attentive to their needs and concerns. 6. Even though I could easily do a task myself, I delegate it to expand my followers skills. 7. Team creativity and innovation are the keys to success. 8. I encourage my followers to question theirRead MoreTeaching, Loving, And Protecting Our Future3013 Words   |  13 Pagesscores are decreasing (Barton, 2004) and there are more instances of school violence happening at all levels. At the public school level, the teachers should become more than instructors and understand the many ways to walk with God in the classroom. My belief aligns with the Pestalozzian Natural Education theory in which education is the way to secure a person’s natural moral, intellectual, and is the way to ensure both personal growth and social reform for the future (Gutek, 1995, p. 224).

Women Struggles By Nina Revoyr - 1481 Words

Student Name Professor Name Course Unit Date Women Struggles in History In her Novel, Southland, 2003, Nina Revoyr captures the struggles that women, especially those of the Asian American descent, have navigated through history. The novel provides interesting material on many fronts including aspects such as sexuality, multiracial and multigenerational family saga. The book is based upon three women characters with the main protagonist being a young Japanese American woman by the name of Jackie Ishida - a 25 year old law student in her last semester, her aunt Lois and her lesbian lover Laura, an African American woman. These three women in the book represent different aspects of women s struggles and the issues they have to confront in their day to day living. Southland presents the picture a young Asian American woman in her quest of trying to find out her true history and identity and which has exposed her to the larger world. In trying to resolve the inheritance issue of hi s deceased grandfather, Frank Sakai, Jackie as a character exposes other characters of similar struggles and who also have varying relationships amongst each other. The purpose of this paper will be to critically look into the struggles of the three women in the novel and to get lessons from the lives. The lives and struggles of Jackie and Lois will represent struggles of Asian American women while that of Laura willShow MoreRelatedA Contextualization of Nina Revoyrs Southland2670 Words   |  11 PagesSunshine and Noir in Historical Los Angeles: A Contextualization of Nina Revoyr’s Southland Nina Revoyr’s novel, Southland, provides a glimpse into the injustice, scandal, and struggle in Los Angeles from the 1940s to the 1990s due to its racial composition. The novel contains a unique cast of characters who, although often times interact with conflict, are forced to live side-by-side one another in their separate attempts to attain the American Dream. Southland takes its readers on a journeyRead MoreAnalysis Of The Novel Southland By Nina Revoyr1578 Words   |  7 Pagesâ€Å"Coming together is a beginning; keeping together is progress; working together is success† (Henry Ford). In the novel Southland by Nina Revoyr, due to the injustices and struggles that characters face, they are forced to come together in the face of adversity and times of conflict in order to achieve their vision of the American Dream. With Los Angeles set as the stage, we as readers are taken through a series of trials and tribulations during the 1940s to 1990s, which uncover the tru e characteristicsRead MoreAcknowledging Postpartum Depression. Years Ago, There Was1392 Words   |  6 Pageshealth of someone dealing with this diagnosis. In â€Å"The Yellow Wallpaper† the main character is given phosphates, tonics, and told to get air and exercise and journeys, and is absolutely forbidden to â€Å"work† until she is well again. (Kennedy, Gioia, and Revoyr 1035). Physicians recommended this method of treatment at the time. While these suggestions may offer minimal relief, they will not cure the depression. Postpartum depression was treated as something not to be discussed and because of this, there

Capital Budgeting Case free essay sample

Identify potential investments 2. Evaluate the set of opportunities, choosing those that create shareholder value, prioritize 3. Implement and monitor the investment projects selected The capital budgeting process begins with an idea and ends with implementation and monitoring. In this particular problem we are focusing on the second step in the process: analyzing the merits of the investment proposal to expand and simultaneously replace old equipment. There are analytical tools that weigh the merits of investment projects on several dimensions. To decide which investments to undertake, managers need an analytical tool that: (1) is easy to apply and explain to nonfinancial personnel; (2) focuses on cash flow, not accounting measures; (3) accounts for time-value of money; (4) adjusts for differences in risk across projects; and (5) leads to higher firm value in any company (Graham, Smart, Megginson, 2010). All things being equal, managers would prefer an easily applied capital budgeting technique that considers cash flow, recognizes the time value of money, fully accounts for expected risk and return, and ultimately leads to higher stock values. We will write a custom essay sample on Capital Budgeting Case or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Glossary of Capital Budgeting Terms and Concepts: Capital budgeting techniques include the payback period, discounted payback period, which are less sophisticated techniques because they do not deal with the time value of money and are not tied to the organization’s goal of maximizing shareholder wealth. Techniques that are more sophisticated include net present value (NPV), internal rate of return (IRR), and profitability index (PI). Payback period – Is the amount of time it takes for a given project’s cumulative net cash inflows to recoup the initial investment. Firms using this method define a maximum amount of 3 time acceptable for the payback period and then accept only those projects that can have payback periods less than this maximum time. Discounted payback period – In calculating the payback period, manager’s first discount the cash flows. The method calculates how long it takes for a project’s discounted cash flows to recover the initial outlay. Net present value (NPV) – A projects NPV equals the sum of its cash inflows and outflows, discounted at a rate that is consistent with the projects risk. NPV=0 – This is because the investment’s cash flows precisely satisfy the investor’s expectation of the percentage of return. Economic value added (EVA) – This metric subtracts â€Å"normal profit† from an investment’s cash flow to determine whether the investment is adding value for shareholders. NPV profile – Illustrates the relationship between a typical project’s NPV and its IRR in context of the firm’s discount rate. Internal rate of return (IRR) – The IRR of an investment project is the compound annual rate of return on the project, given its up-front costs and subsequent cash flows. A project’s IRR is the discount rate that causes the net present value of all project cash flows to equal zero. Accept the project if the IRR exceeds the firm’s hurdle rate. Multiple IRR’s – This happens when a project’s cash flows alternate between negative and positive values. Mutually exclusive projects – When two project’s offer IRR’s in excess of the hurdle rate, but the firm can invest in only one, the answer is not always the obvious one, the one with the highest IRR. Profitability index (PI) – Compute the present value of a firm’s cash inflows for the years of the project and then divide by the initial cash outflow to obtain the PI. Accept the project if the PI exceeds one (1). Cash flow analysis helps us determine just what a project’s relevant cash flows will be – that is, the inputs for the capital budgeting decision tools, focusing on which cash flows one should include when calculating a project’s NPV. A capital budgeting problem will have time zero initial investment cash flows, operating life cash flows, and terminal period end of project cash flows, because we are interested in the cash flow consequences of investments we must understand which cash flows to include. Initial cash outflow for a project – The acquisition of a fixed asset and it’s tax credit, the after taxes salvage value of a fixed asset if it applies, and the net working capital we add. Sunk costs – Costs that have been incurred in the past and cannot be recovered, these are costs that have already been spent and are not recoverable. Opportunity costs – of one investment are the cash flows o n the alternative investment that the firm decides not to make. Operating life cash flows – Over the years of the project the earnings before taxes, EBIT less taxes which equals net income, and then add the depreciation back in to get operating cash flows. Terminal period end of project cash flows – to calculate terminal value, take the final year of cash flow projections and make an assumption that all future cash flows from the project will grow at a constant rate. Incremental cash flows – only those cash flows that are incremental to the project.

Responses in the final Act Essay Example For Students

Responses in the final Act Essay In the final Act Priestley manipulates the audiences responses using a number of proficient techniques. Priestley cleverly uses effective language devices such as rhetorical questions to direct the audience in the way he wants.  Inspector-We are responsible for each other. The Inspectors powerful tone and forceful language is very effective in many ways. It enables to change the mood and attitude of the characters and the style of the atmosphere. He also uses we which involves the audience as well as the characters. Priestly tries to teach a moral lesson through the play of responsibility and good morality. To make this moral teaching the highlight of the play, Priestley has to divert the audiences responses in his own direction. By the end of the play the audience feel more responsible due to the Inspectors long speeches in the final Act.  Priestley has made the Inspector a stable and relaxed figure so everything he says is echoed and has more emphasis on the Birling family, Gerald and most importantly the audience. If the Inspector were an insecure and hesitant character he wouldnt be very reliable. The Inspector is given the power by Priestley to divert the audiences beliefs and morals. Priestley makes the inspector use rhetorical questions so the audience feel involved as part of the play. The moral is only accepted by the younger generation Eric and Sheila who seem to be more influential on the parents, rather than the parents, on the children. We can see this; from Sheilas change of attitude at first she was selfish and immature. However as the play progressed Sheila became deeply affected by the Inspectors powerful language techniques.  Eric who is firstly introduced to the audience as half shy, half assertive, he mostly uses colloquial language such squiffy at the beginning of the play, however he changes dramatically during the course of the play. The language used by Eric is more defensive in the final act, which proves he has been affected by the Inspectors words. Eric- Then you killed her. She came to you to protect me  Mr and Mrs Birling do not change from ignorance to knowledge and refuse to accept the Inspectors knowledge. However the audience can see that Mrs Birling is slightly affected by the Inspectors words, she begins to break her sentences Oh a lot of silly nonsense, this proves she has a guilty conscience but she remains to show no remorse for her actions.  Throughout the play Priestley uses the Inspector as his puppet to exhibit his opinions about the world. However when the Inspector leaves, the Birling family are trapped and left wondering what could be wrong? The Birling familys reaction also influences audiences reaction. He walks straight out, leaving them staring, subdued and wondering  Through the play until just before the end, the Inspector is the audiences representative. However in the final Act of the play, the Inspector becomes a fictional character, so the audience are left in suspicion about the Inspector for the first time. This may be because the Inspector divulges his opinions throughout the play, which differs him from a stereotypical image of an Inspector. This leaves the audience and every member of the Birling family isolated and filled with suspicion. At this point in the play, the audience probably think that the Inspector has forced together pieces of different puzzles and created a story.  The final act of the play is a stunning, effective and dramatic moment. The audience are suddenly forced to reconsider Inspector Goole. At first he seemed like a normal and well-informed person, then it seemed he might be a hoaxer. Now he becomes something altogether more mysterious.