Walt Disney History Essay Example For Students

Walt Disney History Essay When people think of animated cartoons, one name immediately comes to mindWalt Disney. He is the most popular and known animator in the world. He wasnt successful at the beginning of his career but he was a taskmaker andentrepreneur. Walts hard work and entrepreneurship made the worlds bestpopular cartoon character Mickey Mouse. As an animator and an ownerof Disney Corporation, he made a lot of influences in past and present days. Hereby the importance of his life and influences will be discussed, in a ageorder. First of all, Walter Elias Disney was born in Chicago, Illinois, onDecember 5th, 1901, the fourth kid of five children of Elias and Flora Disney. We will write a custom essay on Walt Disney History specifically for you for only $16.38 $13.9/page Order now The family often moved from place to place because of Walts father Elias. Hetried his hand successively as a farmer, a businessman, an orange grower, acarpenter and But he expected all members of his family, no matter howyoung, to spend most of their waking hours working for him without anycompensation. During Walts childhood and adolescence, Elias operated a farm inMarceline, Missouri. It was there that Walt spent his early years and developedhis interest in drawing. In 1910 the family moved again, this time to KansasCity. There he enrolled in art classes at the Kansas City Art Institute. In 1917the family moved again, this time back to Chicago. In Chicago, Walt joined RedCross unit and spent nine months as a ambulance driver in France at the end ofWorld War I. After Walt Disney returned from France in 1919, he decided to makeart his career. He soon joined the staff of the Kansas City Film AdvertisingCompany, which was producing a simple type of animation. He and a colleague,Ubbe I werks, learned enough about animation to try doing some of their own. Theyformed a company called Laugh-O-Gram Films. The company made fun of localproblem and scandals in cartoon form. They sold well enough to give Walt andIwerks the courage to go into business for themselves. But the Laugh-O-Gramsdidnt hold Walts interest very long. He had a new idea to try, which wasillustrating updated fairy tales in series of cartoons. The cartoons he andIwerks produced were not bad, but Walt never got paid for hid films. Walt thenstarted on a new fresh project, a series of funny story featuring a girl actressand animated characters. He called it Alices Wonderland. Money wasso scarce that he couldnt even pay for the rent. With such meager fund all hecould produce was a pilot film for the Alice series. He thought Kansas City wasnot the place that earns much money, so he decided to move to California. In1923, Walt Disney moved to California, and began Walt Disney Production with hisbrother Roy Dis ney and a colleague, Ubbe Iwerks. After five year of makingsilent cartoons, he produced SteamBoat Willie, the first cartoon to usesynchronized sound1. In 1928 Walt Disney created a cartoon MickeyMouse by using his own voice. Disneys success in Mickey Mouseled to the film series called Silly Symphonies, which was introducedin 1929 and first used color in 1932. Soon full color Disney cartoons wasproduced, such as Three Little Pigs and The Tortoise and theHare. These two films even won academy awards. 1930s brought fame andsuccesses to Walt Disney as a creator of Mickey Mouse, Donald Duck, Pluto,Minnie Mouse, and Goofy. These characters not only appeared in cartoons but alsoon merchandise items licensed by Disney Production. In 1937 the Walt DisneyProduction Studio produced the worlds first animated feature film SnowWhite and Seven Dwarfs. Then came Pinocchio and Fantasia in1940, Dumbo in 1941, and Bambie in 1942. Song ofthe South in 1946, used cartoon characters with live actors. All of thesefilms were successful. During World War II the Walt Disney Production Studiodesigned military insignias and made training films for the United States armedforces. After the war Walt Disney continued to make animated films, such asAlice in Wonderland in 1951, Peter Pan in 1953, andThe Jungle Book in 1967. He also turned to live-action films such asTreasure Island in 1950 and 20,000 Leagues Under the Seain 1954. Moving into totally new area, Walt Disney opened Disneyland in Anaheim,California, in 1955. He had wanted to design an amusement park where familiescould have fun together. Disneyland had exciting rides and attractions but wasalso spotlessly clean and run by smiling, friendly employees. The parkeventually came to be one of the most popular tourist attractions in the UnitedStates and may be in the world, too. During the next ten years, Disney added newattractions to Disneyland while continuing to make the films the whole familycould enjoy. Marry Poppins, in 1964, is con sidered by many to be thepinnacle of his filmmaking career. Disney won a record 32 Academy Awards for histechnical innovations ideas in film. Walt Disney also pioneered the productionof feature films for television. Some of these appeared on his weekly seriesThe Mickey Mouse Club (1955-59) and on Walt DisneysWonderful World of Color, which aired, under several titles for 29seasons. Shows prepared for New York Worlds Fair in 1964 enabled Disney to showoff his Audio-Animatronics figures in such attractions as Its a SmallWorld and Great Moments with Mr. Lincoln. The life likefigure of Abraham Lincoln, which recited passages from his speeches, neverceased to amaze fairgoers. Walt Disney never rested. Even as he died, onDecember 15th, 1966, he was planning for a whole new Walt Disney World vacationkingdome in Florida, and EPCOT. It is an experimental prototype community oftomorrow. It is a fun area consists of a showcase, a recreation of foreigncities, spread like fan around lagoon. On the other side of water, the world offuture is dominated by a 180-foot geodesic sphere, and Spaceship Earth. Thesphere is is surrounded by a number of pavilions housing entertaining displaysof future possibilities in the fields of energy, transportation, agriculture,mariculture2, and technology. Spaceship Earth is devoted to information andcommunications from dinosaur time to the 21st century. In conclusion, WalterElias Disney was a great taskmaster full of innovative ideas. In his lifetime hemade so many movies and cartoons that play important role in childrens life. .ua447c709df20a5d1a3a1f82fca6792ec , .ua447c709df20a5d1a3a1f82fca6792ec .postImageUrl , .ua447c709df20a5d1a3a1f82fca6792ec .centered-text-area { min-height: 80px; position: relative; } .ua447c709df20a5d1a3a1f82fca6792ec , .ua447c709df20a5d1a3a1f82fca6792ec:hover , .ua447c709df20a5d1a3a1f82fca6792ec:visited , .ua447c709df20a5d1a3a1f82fca6792ec:active { border:0!important; } .ua447c709df20a5d1a3a1f82fca6792ec .clearfix:after { content: ""; display: table; clear: both; } .ua447c709df20a5d1a3a1f82fca6792ec { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ua447c709df20a5d1a3a1f82fca6792ec:active , .ua447c709df20a5d1a3a1f82fca6792ec:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ua447c709df20a5d1a3a1f82fca6792ec .centered-text-area { width: 100%; position: relative ; } .ua447c709df20a5d1a3a1f82fca6792ec .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ua447c709df20a5d1a3a1f82fca6792ec .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ua447c709df20a5d1a3a1f82fca6792ec .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ua447c709df20a5d1a3a1f82fca6792ec:hover .ctaButton { background-color: #34495E!important; } .ua447c709df20a5d1a3a1f82fca6792ec .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ua447c709df20a5d1a3a1f82fca6792ec .ua447c709df20a5d1a3a1f82fca6792ec-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ua447c709df20a5d1a3a1f82fca6792ec:after { content: ""; display: block; clear: both; } READ: Marx and smith EssayAlso he played important role in the development of animation and film. Even nowmost people remembers him, because animation computer designers of Walt DisneyProduction are keeps remaking Walt old films and cartoons. Even-though he died,he still plays important role in our society, today.

The Era essays

The Era essays The Civil Rights Movement was everything emotional that fueled the physical. As with every movement there are leaders and with leaders come followers who share the same belief. Martin Luther King Jr. was the most prominent leader of the Civil Rights Movement. King was also a very active clergyman who landed the cover of Time magazine as Man of the Year in 1964. King was a powerful speaker, he had a tireless ambition in the fight for black freedom and won worldwide fame for his efforts. All his efforts awarded him the Nobel Peace Prize. Peace was not always what some fighting for black rights believed in, leader Malcolm X was full of hatred towards the white man. The tragic childhood he lived and the murder of his father by whites strengthened his belief that the white man was the devil. Malcolm X was a believer of Islam and started a nation-wide movement and an increase in the idea that the white man is the devil . His speeches were based solely upon the theory that all whites were evil, in 1963 Malcolm branched his belief out to 30,000 people. At the peak of his power Malcolm was the most influential voice of black Americans. Black Americans had different ideas about how freedom should come about but they all had the same objective, to be equal. President Kennedy supported the movement for desegregation of schools and public facilities. Attorney General Robert Kennedy took more than 50 cases in four states to insure black Americans the right to vote. President Johnson was committed to equal rights for all and he signed the two most outstanding legislation of the movementthe Civil Rights Act of 1964 and the Voting Rights Act of 1965. Television has the power to make Americans laugh, love, and hate, in the 1950s though the 1960s this was evident. From 1950 to 1965 the number of households with television climbed from 3.9 million to 52.7 million. Popular shows like...

Bruno Mars And The Objectification Of Women

Although singer-songwriter Bruno Mars perpetuates many stereotypes about women and money in his music videos, he also challenges traditional views with pro-social messages. Both Mars’s perpetuation of sexual and financial stereotypes and his way of breaking with tradition can be seen particularly clearly in the song 24k Magic.Background Keys writes, that â€Å"In traditional African societies, the bard is a storyteller-singer and above all a historian who chronicles the nation’s history and transmits cultural traditions and mores through performance.† Mars, as a singer-songwriter, fulfills this kind of role today, transmitting cultural messages and mores through his performances to both black and white communities. While some of the messages he conveys may have negative effects on society, others may be beneficial – especially to the black community. Main Song: 24k Magic In the music video for the sing, Mars dances through glitzy areas – most of them casinos with a posse of men. From time to time, women join them. All of these women are skinny and scantily clad. Their hair is straightened. These styles are in keeping with electropop tradition. In the electropop scene, according to Jiminez, â€Å"There was a preference for tight clothing, hair products and even makeup. Photographs reveal Prince’s influence on the style of the time as an effeminate masculinity comes to the forefront.† In Mars’s videos, tight clothing and effeminate masculinity are featured heavily. The tightly clad women are not a part of Mars’s main posse, but instead, dance behind an effeminately masculine Mars and his boys much of the time. Mars and his boys are heavily clad, in pants, jackets, hats, and jewelry. The women are in bathing suits. While Mars and his posse do dance, the women dance more sensually, with barely anything covering their b ottoms as they shake them. They sway their hips provocatively. The video is set in a hotel dripping with gold. The boys drive fancy cars, play the slot machines and drive through the ritzy area without a care. They stack chips on the roulette table as the girls look on admiringly. They drive past lit up casinos. They dance through the halls in luxurious robes. They jet-ski through fountains. Mars sits back in a patio chair outside as women shake their bottoms beside his face. He doesn’t even look at them. Everyone smiles and dances. The way in which Mars objectifies women in his songs supports traditional, negative stereotypes of women in art. Klein writers that â€Å"Visual images throughout art history have revealed the status of women by their appearances and bodily attributes.† She further notes that traditional images of ideal women showed them as available and passive – displayed to appeal to male voyeurs. Women were shown as objects for men’s viewing pleasure. Women’s sexuality in comics and advertisements is often dependent on their ability to attract men.† The same is true of women in music. According to Flynn, â€Å"Women are the most frequent targets of objectification within music lyrics.† Indeed, in one recent study, of billboard hits â€Å"the authors found common themes regarding the objectification of women (women were viewed as objects for men to comment on, look at, even touch, hit, and eat) and sex as a top priority for men (wanting, needing, and experiencing sex).† This is exactly how Mars treats the women in his videos. They are there to show how cool and attractive Mars and his posse are. They are available and largely passive. Their bodies, rather than their minds or desires are what Mars’s video displays. We see more evidence that Mars views women as objects in the lyrics to 24k Magic. In them, he glorifies â€Å"players†, men who play around with a lot of women, and treats them much in the same way he treats other objects like rings and links. For instance, he sings, â€Å"Players, put yo pinky rings up to the moon.† Mars, in this song, is completely obsessed with money and material things and girls are among these materials. â€Å"Twenty-four karat magic in the air,† he sings, glorifying the pursuit of wealth. â€Å"I bet they know soon as we walk in (showin up) Wearing Cuban links designer minks Inglewoods finest shoes.† Here, he tells his listeners that possessing things like Cuban links and designer minks will grant them status. Possessing these things will make people know who they are. Not only that, but possessing money and wealth will help them obtain women. â€Å"Oh shit, Im a dangerous man with some money in my pocket,† he boasts,  "So many pretty girls around me and they waking up the rocket.† Mars further emphasizes that it is his ability to win women and to spend money that win him recognition as he sings, â€Å"Everywhere I go they be like oh, so player!† and â€Å"Spend your money like money ain’t shit.† He objectifies women once more in the end, singing, â€Å"I gotta show em how a pimp can get it in.† Here, he glorifies men who sell women and, once again, portrays women as mere sexual objects. 24k Magic is not the only song in which Mars treats women like objects. In songs like Uptown Funk he sings about living it up in the city and praises girls like Michelle Pfeiffer for being â€Å"straight masterpieces.† And in â€Å"That’s what I like,† he sings almost exclusively about money and sex with lyrics like, â€Å"Go pop it for a pimp, pop-pop it for me† and â€Å"â€Å"Sex by the fire at night Silk sheets and diamonds all white.† While it is clearly true that Mars objectifies women, what is less clear is whether this objectification is harmful to them. Some argue that it is. Nussbaum, for instance notes that â€Å"Feminist thought, moreover, has typically represented mens sexual objectification of women as not a trivial but a central problem in womens lives, and the opposition to it as at the very heart of feminist politics.† On the other hand, some argue that objectification can be a good thing. Cass Sunstein writes, â€Å"Peoples imaginations are unruly It may be possible to argue, as some people do, that objectification and a form of use are substantial parts of sexual life, or wonderful parts of sexual life, or ineradicable parts of sexual life.† Furthermore, by rejecting the norms of a society which suggests the objectification is bad, Mars may be championing an idea of sexual freedom that society represses. Green writes â€Å"There’s an agent of subversive reversal of negative stereotypes and portrayals of African-Americans embedded within the prosocial text of some rap lyrics.† In spite of the fact that videos those made by like Mars and his counterparts objectify women and black women in particular, â€Å"Black females generally reported more satisfaction with the shapes of their bodies [than white women] and less susceptibility to the negative effects of media.† Perhaps, then, there is something gratifying about Mars’s prosocial messages and his rejection of white mores. Gracyk suggests that we analyze art to help us understand human behavior. Perhaps Mars’s songs give us some insight into why black women have higher esteem than their white counterparts. And perhaps his rejection of society’s rules leads to greater positivity.

The 2008 US Election Assignment Example | Topics and Well Written Essays - 3250 words

The 2008 US Election - Assignment Example The United States of America usually carry out elections after every 5 years. However, during the process, there are a series of campaign strategies that must be undertaken to convincingly elect the ideal candidate with leadership capabilities. There are two main political factions within the US, mainly the Republicans and Democrats (Newport, P. 250). Before each faction selects their flag bearer there are preliminary elections where each faction select their party flag bearer whom would battle it out with the other candidates from the contesting parties (Census Bureau, 2009, P. 201). In the 2008 elections, the Democrats had a number of aspirants who included Barrack Hussein Obama, Joe Bidden, and Hillary Clinton, the wife of the former US president Bill Clinton among others. On the other hand, the Republicans who were siding with the former president George Bush junior also carried out their preliminary nominations prior to the 2008 elections and selected Senator McCain as their fla g bearer among Senator Palin just to mention (McKinney, 2010, P. 248). After the preliminaries, both the presidential candidates had to choose their running mates who were to the vice president’s should their faction win election respectively (Piano, 2009, P. 107). The Democrats chose Joe Bidden as the running mate of their presidential candidate, Obama while the Republicans chose Palin as their presidential running mate under the leadership of Senator McCain. Below is the picture of the preferred presidential running mates of Obama- Democrats- Joe Bidden and Sarah Palin of Republican’s, the Senator McCain's running mate (Census Bureau, 2009, P. 206). Fig. 1, Accessed from http://dalje.com/en-world/top-10-moments-of-us-pre-election-campaign/200091on Nov 13th, 2011. Election On the election date, both the Democrats and Republicans prepared to their best with an aim of winning then the election. However, as poll results tickled the tallying centers it was evident that th e Democrats were to carry the day with an overwhelming win over their counterparts’ republicans (Campbell, 2008, P. 39). When McCain, the Republican presidential candidate realized that all was not in accordance with his expectations as the presidential aspirant he decided to concede elections prior to the announcement of the overall presidential votes creating a conducive atmosphere for the celebration to the Democrats with their flag bearer President Barrack Hussein Obama a shoulder high (Newport, P. 252). During the celebration, Obama victory was celebrated by both the electorates and family members from both the US and Kenya where it is believed that Obama Senior who was a husband to Sarah Obama from Kogello village in Siaya district, Kenya where present. However, Kenyans too celebrated as they watched the incidents through telecast media. It was another history in the global politics being that a black American carried the day unlike the times of Martin Luther Kings†™ both senior and Junior which was full of opposition and assassination. â€Å"I have a dream† by Martin Luther King junior in 1968 (McKinney, 2010, P. 251). Obama Health Scheme During the Obama campaign, the key issues which convinced the electorates were a proposal of a broad health scheme that would take care of all ages from children to the old (Panagopoulos, 2008, P. 09).

Assignment 10 Chapter 9 Example | Topics and Well Written Essays - 250 words

10 Chapter 9 - Assignment Example Resource loading gives a project planner a rough estimate of the resources that are required for a given project. Resource loading is determined to a large extent by the time to be taken by each project activity. Resource loading differs from resource leveling in that resource leveling aims at appropriate resource allocation such that the activity is not over-allocated any resource. It also reduces any chances of under-allocation of resources. Resource leveling can be done by delaying or splitting an activity until when the required resource is available. Critical chain concept was developed to solve the problem of time wastage in project implementation. Critical chain is explained as the longest chain of project tasks that are logically dependent. Since the planner cannot be sure of the critical chain timeline, buffers are used manage and control any variations that might occur. Buffers ensure that the project finish date is not

Outcast Essay Example for Free

Outcast Essay Outcast The novel Speak by Laurie Halse Anderson is about a 9th grade girl called Melinda Sordino whose life is being terrorized by her memories from a bad incident at an end-of-the-summer party. It is the first day of 9th grade for Melinda at Merry Weather High School, nobody likes her because she called the cops at the party, making her an outcast and speechless. By the end of the novel Melinda finally speaks to her mom and her ex-friends about the party, and the narrator learns that having the confidence to speak and speaking up can make somebody feel better. Anderson uses the Title Speak to help show the theme of the novel. Early in the story, Melinda is going to her first day of 9th grade. Melinda is not having a great 1st day of High School, and than she soon refuses to speak Its easier to not say anything (9). Melinda first shows her behavior when she is no longer speaking. On this part of the novel the problem is firstly presented but the theme is still not represented in this part of the novel. As the story continues, Melinda is going thru her life in High School but in a way nobody likes. Melindas ex-friends hate her due to the incident. But, she meets a girl named Heather who is new to the state, and become friends. Heather speaks a lot to Melinda but Melinda becomes anti-social with her. In Melindas art class she is picked to paint a tree but she starts poorly. Later in the story Melinda becomes more closed and her life becomes worse. Melinda: you mean we are not friends anymore? Heather: We were not really, really friends. (105). Speaking now symbolizes how difficult or how struggling it is to keep a friend and to achieve something.

The Forge and the Satis House in Great Expectations Essay -- Great Exp

The Forge and the Satis House in Great Expectations   Ã‚  Ã‚   During the Victorian Age in England, individuals revealed their class and prestige by flaunting their money, yet they were only disguising their inner character with the riches. Strong relationships are a key to a fulfilled life; in Dicken's Great Expectations, the contrast of the Forge and the Satis house uncover that happiness is born through relationships with others and not through money.    The Forge's simplicity contributes to a simple existance of those who live in it. To begin Pip's journey through life, he resided in a plain wooden house that was like many of the houses around it. THe house did not contain many posessions, yet the space was filled with the love and bond between Pip and Joe. The family did not need more than the basic necessities of life to get by. Pip's imagination was forced to develop as a result of this simplicity, and he expanded his ideas in the process.    Unlike the Forge, the Satis house was frozen in time and the emotions within the walls were frozen as well. ...

Hp and Compaq Merger

Webster University November 6, 2011 Hewlett- Packard Company, referred to as HP, is an American multinational information technology company. Its headquarters is based in California USA. The company was founded in 1939 built in a Palo Alto garage by Bill Hewlett and David Packard and is now one of the world’s largest information technology companies operating worldwide in almost every country. It has 87,000 employees in 120 countries. HP specializes in developing, manufacturing computing, data storage, and networking hardware. In addition it designs software and delivers services. A majority of HP’s product lines include storage devices as well as computing devices, and a wide range of imaging products and last but not least, printers. Its products are widely available to households, small to medium sized businesses, as well as through online distribution, office supply retailers, and major technology vendors. It also caters to enterprises and office supply retailers. The late 90’s brought innovation but low sales growth, as HP faced troubles in keeping up with the changing market. It was at the point where Carly Fiorina was appointed as the new CEO. The focus then became on customer and internet sales. Carly revamped organizational structure. This led to a revenue growth however, share prices still declined and HP faced recession in 2001, which led to pay cuts and layoffs. Stock prices continues to soar which led to the consideration of acquisitions. HP is committed to the development of products, information, and services that are widely accessible to everyone including those with disabilities. The commitment it provides in catering to everyone supports its diversity and â€Å"Total Customer Experience† objectives ensure that its technological benefits serve all. According to Dave Packard, â€Å"it is necessary that people work together in unison toward common objectives and avoid working at cross purposes at all levels if the ultimate in efficiency and achievements is to be obtained. † HP has a vision of diversity as being a main factor that drives success as well as personal leadership from everyone within the company. Their competitive advantage allows them to learn and to adjust through the depth of their values. It is vital for HP managers to come together regularly in order to discuss and assess the â€Å"HP Way† which ensures their top priorities through lower costs, information technology system improvements, increase in business growth, an improvement in efficiency, and customer service improvements. HP is organized in the form of two groups. The first is the Business Customer Organization, and the second group is the Consumer Business Organization (Wagonfeld, Rubenstein, and Block, 2001). Both groups are supplied through the following product divisions: Computing systems, imaging and printing systems, and embedded personal systems. In addition HP services are available which works between the consumer, the product, and the groups. Major product lines include personal computer (PC), desktop and mobile personal computers, software solutions, copiers, scanners, networking solutions, and consulting services. In addition, the company’s support group offers consulting, education, and solution financing to its users. Compaq was founded in 1982 by Rod Canion, Jim Harris, and Bill Murto and its headquarters is based in Houston, Texas. The three founders invested $1,000 each in order to begin the formation of their company and began their first product, a portable personal computer to run all the software being developed at the time for the IBM PC. Four years into operation, the company was able to pave way to the Fortune 500 more rapidly than any other company in the same domain. Compaq products were developed and placed in three different groups. The first group is the Enterprise Computing Group which designs and develops servers, internet products, and networking products. The second group is the Commercial PC Group which designs and develops commercial desktops, and small and medium business solutions. The final group is the Consumer PC Group which designs and develops consumer products such as desktops, printers, and portables. Compaq markets its products mainly to consumers from the following sectors: Business, home, government and education. In 2001, Compaq and HP engaged in a merger. The new HP will become the second largest global technology provider with around $87 billion in revenue as well as many opportunities to create competitive advantages with their existing resources. It then had the ability to provide a multiple number of solutions and will be in position of competitive advantage in comparison to the leader IBM. Prior to Compaq’s merger with HP, its ticker symbol was CPQ, however after the merger its ticker symbol is now HPQ. . The management’s reasons for the merger included the following: Improved economics and innovation, complementary eadership in key markets, strengthened business provides critical mass in key growth market, and financial benefits. First of all, combining HP and Compaq would result in creating economies of scale, direct sales channel, and a more flexible distribution channel. Second of all, the merger would facilitate the industry leading product line in the entire server category, and gain a broader portfolio of pro ducts and services. Thirdly, having around 65,000 IT architects in 160 countries accelerates growth and leads to better customer loyalty. Finally, financially, it estimated $2. 5 billion in annual cost savings by mid 2004 and the merger would also allow HP to increase investment in the imaging and printing business. Reasons against the merger were the following: HP’s business portfolio would be worse due to an increased exposure in unprofitable PC business, and the PC market was expected to shrink. Second of all, the integration risk of the proposed merger is substantial as no merger involving computer companies had ever met expectations, and analysts estimated a revenue loss that could be as high as 15-17%. Third of all, it would have a negative impact on HP stockholders as a dramatic drop in stock price was announced after the proposal of the merger and Wall Street predicted low estimates for future financial performance. A fourth reason against the merger is that HP’s strategic position will not materially improve as neither company had a profitable business model nor successfully transitioned into a direct distribution model. Furthermore, a merger would not materially improve HP’s market position in high profit areas. Despite the debate for or against the merger, there was a 51. % approval margin and supporters believed it was the best option available for both firms. SWOT analysis: The strengths of the merger are Compaq-Server category and overall storage, HP high-end storage, and strong brand recognition. HP and Compaq were to save $2. 5 billion in operating costs by 2004. After their merger, there was an increase in cash flow. The weaknesses they faced are the develo pment of a direct distribution model, consulting and outsourcing (low market share), and Compaq printers (low market share). Consumers were unsure about the reliability of new products, and HP’s market share was to increase to 18. % only. The opportunities they were faced with are the improvement the merger could have of economics and innovation namely economies of scale. It also strengthened market leadership in storage, and market growth in IT services. Finally, the threats posed were the increases of pressure by Dell in the lower-end server market, and the entrants of IBM and Dell into the market that further eroded more market share. Michael E. Porter draws upon Industrial Revolution economics in order to derive the five forces that determine the competition and the overall profitability of a market. For example, an unattractive industry would be one that combines the five forces that drives down overall profitability. The first force in Porter’s model is the threat of the entry of new competitors. Profitable markets that yield high returns and will therefore attract new firms. The result of this is many new entrants which eventually decrease profitability for all firms in the industry. The merger that occurred between Compaq and HP raises a moderate level of threat for new entrants due to economies of scale that are achieved by the already existing players, and this is what results in their competitive advantage. In addition, there is need for high capital requirement for any new player that wants to enter the market. Another factor is product differentiation which results in a constant need for the improvement in technology in order to grab consumers’ attention. A third factor is moderate consumer switching costs. An example of this is the ease for customers to change their laptops due to the standardization of most computer components. In addition, the access to distribution channels makes it easy for consumers to approach the desired products, due to the availability of direct customer service and both internet and computer retailers. The second force in Porter’s model is the bargaining power of buyers. Moderate consumer switching costs makes it easier for consumers to be able to change their laptops, due to standardization of most computer components. A low number of suppliers are providing HP and Compaq products to consumers. In addition, suppliers operate with high fixed costs, which is the main reason there are a low number of suppliers. The third force in the model is the bargaining power of suppliers, which consists of a high number of customers that are fragmented and providing products to them is not an easy task, which is why suppliers bargain highly. There are however, a few large suppliers which are trustworthy, reliable, and recognized. They provide good quality raw material such as Intel and Hitachi. A fourth force in Porter’s model is the threat of substitutes. Switching costs for consumers is high because of low price HP Compaq laptops that indicate its target towards the middle class and upper middle class segment. These people find it harder to switch from one product to another which is why they are more likely to remain loyal. In addition, frequent product introductions and constant improvements in price serve as a cause for moderate threat. A final force in the model is rivalry. High fixed costs in the cost for setup of manufacturing units increases fixed cost, which makes it more difficult for the existing players to exit the market. Also, constant changes in products and price makes competition stiffer. It is important to note that the two big players that hold the top two market share spots in the computer hardware industry are IBM and Dell. IBM has strong research and development and marketing and gave rise to PC industry with Microsoft Windows OS. IBM global services also have strong customer assistance. The latter is a direct business model with low inventory costs, and Dell’s close relationships with its consumers helped build loyalty, and it ranked number one in the global PC market in 2001. In July 1999, Carly Fiorina was appointed as the CEO of HP, and the board believed she was the saviour of HP. Her goal was to reinvent the company according to the HP way. Her motto was: â€Å"Preserve the best and reinvent the rest. † At the time Carly took over, it was a collection of independent businesses, each selling a different kind of product. Her role was to execute an â€Å"e-services† strategy that would unify them into one profitable whole. After merging with Compaq, the main strategies that are focused on are the following: Sustainability where the new HP must both retain and grab additional market share, Uniqueness by being the largest IT company world-wide, value added by which the merger must demonstrate success, an increased product line through enhancement, adaptation to market forces through flexibility, and the retention of customer base through stability. Fiorina promised balanced revenue and earnings growth, targeting 12%-15% growth in 2000. The problem was that Carly Fiorina held too many offices as she was CEO, COO, and Chairman of the board. This led to an abuse of power, poor decision-making, and miscommunication. Both Compaq and HP were in an unwinnable price war with Dell. The merger of HP and Compaq clearly benefited both companies. From Porter’s five forces model of HP-Compaq, it is evident that there are moderate entry barriers, moderate threat of substitutes, high competition, moderate bargaining of power of buyers, and high bargaining power of suppliers. HP focuses on making technology more simple for its users from individual customers to large businesses. Its top priorities are to lower costs, improve its technology systems, increase business growth, and improve both efficiency and customer service. Despite the fact that both HP and Compaq were mature companies before the merger, the merger is still considered to be under restructuring, which resulted in the company losing some of its ground as a mature company. Blending the culture of both companies resulted in more innovative ideas and is now more supportive in providing more effective customer service. Through the successful merger of HP and Compaq, their costs were reduced by $3 billion annually. From the information provided above, it is important to note that the introduction of improved and more innovative products should be of focus as competition in existing players is high in order to gain market share and competitive position in the market. The company is focusing on its strategies in order to ensure achieving all business priorities by adjusting and optimizing the product line and enhancing high end services. When analyzing a merger between two companies like Compaq and HP, it is worth noting that if we were to do a segment analysis of this merger, a different conclusion would be drawn than an increase of profits in the merged firms. In a segment analysis, the combined firms would adversely lose money while trying to gain advantage over its product line in the business sector for example. A large business segment would only see a small increase in profits in this case. Depending on the elasticity in the market and the relevant position of the firms involved, the effects of a merger would vary significantly across different segments. For example, if Dell and Compaq were to have merged in 1998, it would have resulted in a negative consumer surplus. This in turn allows us to assume that the use of segment analysis can be valuable in assessing what impacts a merger could result in in various markets that have different consumer segments. The evolution of the market also plays an important factor. In the case of the HP-Compaq merger, if the same merge had occurred at a different period like 4 years earlier there would have been a smaller consumer welfare as opposed to the results yielded in its 2001 merger. Baker and Breshnan (1985) proposed a strategy of demand and supply to evaluate the effects of mergers. Products and consumers are observed by market participants according to Baker et. al, which in turn will be correlated with equilibrium prices which will lead the price coefficient to be â€Å"biased towards zero†. Furthermore, providing the consumers with a chance to not purchase any of the products available in regards to personal computers plays an important role as it allows the uniform price increase to change the quantities purchased. In addition, by using the demand parameters that are estimated, price-cost margins and marginal costs can be calculated without the use of actual cost information. According to Nevo (2000), in the HP-Compaq merger, â€Å"marginal costs and the number of products are held constant in their pre-merger level†. Furthermore, post-merger equilibrium elasticities are calculated based on the demand parameters in the pre-merger phase. From this, we can make the assumption that both consumer preferences and the value of the good did not change after the firms merged. However, one cannot ignore the fact that changes in the strategy after the merger took place accounted for price sensitivity and particularly changes outside the industry that could impact demand for the product places doubt on whether such an assumption is valid. A way one can look at the estimates of different segments is by looking at the aggregate demand elasticities over time. This is portrayed in a report by Foncel and Invaldi (2000). It is important to note that the total elasticity for the whole market is increasing over time. This is turn means that consumers are being less sensitive as the market is approaching its maturity, this would lead to the expectation that the demand for personal computers would be more elastic. Income effect plays a big role here as soaring prices means that purchasing a PC would become a smaller share of the budget over time. In addition, further developments in software widened the use of computers and have now become a necessity in our daily lives. The total elasticity of the home segment is the one that faces the largest rise. The reason for this is that this segment became less elastic over time due to two reasons. The first reason was due to high income elasticity and the second was due to higher usage of several developments in other domains such as the internet. Qualitative analysis of coordinated effects in the HP-Compaq merger is essential in understanding the formation of the merger that took place between both companies. In order to coordinate firms that are looking into merging should be able to come to an agreement which is not always easy as products in both firms are complex and differentiated. Compaq and HP should monitor one another’s behaviour closely to detect factors such as undercutting, and keeping rivals out by â€Å"collectively coordinating behaviour between them†, Stigler (1964). The distribution of brands and market shares varies both in time and across markets. Most firms are multi product firms which is why it is essential to bear in mind that there is a substantial number of products. Another important factor here is that firms may face elastic demands which arise from the consumers’ substitution of products in quality segments. In addition, market transparency ensures that all coordinating oligopolists are aware of the changes in the evolving markets. In the HP-Compaq merger, there are several market features that pave way for coordination in the server industry and others that prevent it from occurring. Also, competitors like Dell and IBM did not try to stand in the way of the merger. According to Freidman (1971), the merger between HP and Compaq affects the incentive to cooperate, yet it actively decreases the firms’ incentives to cooperate in a strategic manner. Freidman also goes on to portray that his model does not take into account either the entry or exit of a product, nor uncertainty. The reduction of costs, and enrichment of revenues, growth of the industry, and need of product diversification are several reasons why mergers and acquisitions have become proliferate over the last decade or so. When analyzing the financial results of the HP-Compaq merger, it is important to look at the profitability and efficiency ratios of the companies in the pre-merger and post-merger stages. In order to maximize profit and minimize products, HP and Compaq understand and adjust to the constantly shifting and changing markets, which technologies need acceleration, value creation for its consumers, and global development which serves as a shield against competitors like Dell and IBM. It is essential for a firm to understand its position in the industry especially in a market that is saturated with competition like the computer industry where competitors such as Dell, IBM, Toshiba, Sony, Vaio, are present. An organization must be able to identify the factors that have an effect on the firm such as its suppliers, consumers, and competitors. Those factors enable the industry to know how to maintain itself in such a marketplace in order to be in a â€Å"win-win† situation. One of the benefits that resulted from the HP-Compaq merger is the following. Both firms were in a no win situation price war with Dell. The merger resulted in Compaq and HP to stop competing with one another. In February 2001, Dell, the biggest competitor of HP-Compaq launched a campaign to become the largest competitor in the PC industry. In an attempt to grab the market share, Dell announced and intentional undercut in its prices by 10%. Although some mergers produce marginal results or lead to the sinking of companies, HP and Compaq’s merger created a new corporate culture. This helped the company focus its product development efforts. The company improved its position in a number of core markets. By completing the merger when they did, HP was able to position itself by taking the extra leap ahead of trends that were working against the two companies when they existed as independent entities. In addition, its commitment to cultural change helped the merger go through a smoother transition, although HP took certain measures like reducing its workforce size, the change of 2 CEO’s, and the reorganization of the management’s structure. â€Å"The HP-Compaq merger established what it had set out to. Its main aim was to provide the essential mass and ensure a long term-role in an industry that was undergoing a fundamental transition,† according to Jean S. Bozman, research vice president in IDC’s world-wide Server Group. Furthermore, he added that â€Å"this deal enabled the merged company to grow revenue and profits in an increasingly competitive marketplace. † References: Anon (2002): Investor relations- taking a fair share of the responsibility, Strategic Direction. Bradford: Vol. 18, Iss. 8, pgs. 13-16. Ahles, Andrea (2002): Hewlett-Packard Executives Say Its Company Is on Track to Produce Lasting Benefits, Knight Ridder Tribune Business News. Washington: Aug 28, pg. 1. Anon (2010): HP Hires Gail Galuppo to Lead Wordlwide Strategy and Marketing for Imaging and Printing Group, Business Wire. New York. Brown, Meredith, Kubek, Gary (2002): Court Demands Proof of HP-Compaq vote buying International Financial Law Review, London: Vol 21, Iss. 7; pg 25. Roy, Preeta; Roy, Probir (2004): The Hewlett Packard- Compaq Computers Merger: Insight from the Resource-Based View and the Dynamic Capabilities Perspective, Journal of American Academy of Business, Cambridge. Hollywood: Vol. 5, Iss. Pgs 7,8. Freidman J. (1971), â€Å"A Non-cooperative Equilibrium for Supergames. † Review of Economic Studies, 38, 1-12. Stigler, G. J. (1964) â€Å"A theory of Oligopoly†, Journal of Political Economy, 72, 44-61. Baker, J. P. and T. F. Bresnahan (1985). â€Å"The Gains from Merger or Collusion in Product-Di ¤erentiated Industries†, Journal of Industrial Economics, 33, 427-444. Nevo, A. (2000a). â€Å"Mergers with Di ¤erentiated Products: The Case of the Ready-to- eat Cereal Industry†, RAND Journal of Economics, 31, 3, 395-421. Foncel, J. and M. Invaldi (2001). â€Å"Operating System Prices in the Home PC Market†, mimeo, University of Toulouse. Bozman, J. S. (2006). HP-Compaq merger a success five years on: IDC. URL http://www. itwire. com/it-industry-news/strategy/6879-hp-compaq-merger-a-success-five-years-on-idc

The Best Gift Ever

I examined the fine metallic textures of it once again as it captivated me. It kept me pondering endlessly, and its uniqueness seemed to grow every time I glanced at it. It shone like an angel’s light as I fiddled with it about the sunlight that had already appeared before. What could be more valuable about it? I wondered again. Just moments before, I had found this on my desk. It was a gift from my mother. But as attractive as it was, it seemed that the thought behind it was the source of its beauty. The day was passing by almost too quickly as I was enjoying the warm summer outdoors. But it was not just another day today, it was my birthday. Even though I sometimes do not think much about this day, a simple gift makes this day simply different from any other. I have always preferred something simple, whether giving or receiving a gift, simple always does it. I knew that I will be receiving something from my mother. Even if it wasn’t a new car topped with the world’s most expensive rims or James Bond’s Seiko watch, I would be fine with it. I don’t ask for much, I can appreciate whatever I get. When I came home in the afternoon, lying on my desk was a white box no more than three inches in length and width decorated with a very light emboss of abstract design. I opened it carefully and discovered a beautiful metal keychain positioned almost perfectly among the padding that prevented it from damage. The four corners that were slightly etched across in a curvy manner revealed to be the most reflective part that ran throughout the other side. My fingers traced across the finest engraving of Edwardian-script that spelt my name. I took the keychain into my own hands and studied it while it reflected the alluring sunlight that found its way through the windows. Thinking about this gift that my mother had given me invited a warm and heartfelt feeling that seemed to radiate throughout my entire body. The simple but extravagant design of this gift had more to offer than just itself, and the fact that the gift was meant for me stood out like a spotlight in a crowd, belonging to the rightful person. Me. It was as if my mother put her entire heart in the gift to ensure that the world knew it was mine. It could not mean any more than that. A gift just for me. I thanked her afterwards. It is the thought of the gift that counts. I never knew how a simple key chain could mean so much. It was not the beautiful glint, the soft but solid edges or the charming way it called my name that made it seem appealing alone, but rather that with the given meaning, it seemed to complement each other like the bright stars against the dark sky. The physical features of the gift could not solely match the thought of the gift itself, but could only praise it. The shiny metal keychain had satisfied my definition of a simple but meaningful gift.

A review of Oliver Twist essays

A review of Oliver Twist essays A review of Charles Dickens` Oliver Twist Published (this edition): 1994 Published by (this edition): Penguin Books Length (this edition): 346 pages This story takes place in the streets of London, in a small town not mentioned by name, and in a holiday-house in the countryside at some distance away from London in the first half of the 19th century. Characters worth mentioning are: Oliver Twist (the main character)- a young boy with a big heart who is born into poverty, Fagin- a middle-aged jew who makes a living as a thief, Mr. Brownlow- an extremely kind middle-aged man whose occupation is not mentioned, and Mrs. Maylie- an unbelievably warm and kind-hearted old woman who is probably in possession of quite a large amount of money. The theme of the story may be the result of poverty in our society. The story starts in a workhouse in a town not mentioned by name, where a woman is giving birth to a child, who is later to be known as Oliver Twist. The beginning is sort of dramatical, because there is a lot of action taking place. However one does not understand the importance of its detailed description until one reaches the end of the novel. And this is a good example of the composition of the whole novel. One meets people in different occations and surroundings and sees them from different points of view all through the story. For example the nurse being involved in the birth of Oliver, then later dying in the very same bed in which the birth took place. The end of the novel is sort of a happily ever after-ending. Oliver reunites with his first saviour from poverty, Mr. Brownlow, and receives his entitled heritidge, and the evil Sikes receives his deserved punishment when being mistakingly responsible for h ...

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Psychology Paper 3 - Essay Example (Tooby, 2005). These are common factors that a person undergoes in his life. Lack of all these factors will certainly lead to a psychic disorder or a problem. A student faces many issues and problems in his everyday life. For example, the examinations conducted to test a student’s ability create a sort of fear and frustration. This can be resolved when the student is motivated in a proper manner. This motivation is certainly a part of psychological factor that determines a student’s everyday life. The article creates a relationship between the psychological aspects and day to day life of a person. When considering a student’s life, the activities related to education may seem monotonous and they may feel irritated due to the compelling factors. The area of psychology, personality psychology, deals with these activities and problems related to such factors. This article clearly draws a line between the various phenomenon of psychology and the common factors that contribute to psychological

Tate Modern Essay Example | Topics and Well Written Essays - 1000 words

Tate Modern - Essay Example With the advent of technology it has entered the virtual world of internet and is working as a successful organization for the benefit of art and artists who are able to met their most potential buyers Rockefeller to Mittal who, consequently were the noted patron of the establishment. In general sense it could be stated that this establishment values customers who are educated and connoisseur of art. (Lamb, 2004) Louis Lozowick, Duchamp, Jackson Pollock, Myron Krueger, Anja Kroencke and ceramic artists like Peter Voulkos, Paul Soldner, Robert Arneson, Viola Frey and Bennet Bean are the most popular artists at Tate Moder. Among these noted artists Anja Kroencke holds a favorite position as this magnificent illustrator renowned for her outstanding fashion illustrations or more better said lifestyle illustrations. Her contribution in her field is commendable and her work includes the most identifiable masterpieces of illustrations. Anja Kroencke is well known for her distinct haughty women characters. The body proportion, body movement, faces, hands and feet, poses of the characters and the backgrounds in her drawings reflect high class, high profile modern society. Her characters (mostly women) are elegant, stylish and fashion trendy as seen from her drawings. The sophistication and the elegance of her lines and the zing in her works of art have given Anja Kroencke a distinct and remarkable po sition in the field of illustration. Her drawings are incredibly pure, playing with measured degree of black & white and color producing visible contrasts between wide stretches of pure white and vast regions of velvety shadows. (King, 2006) It should be stated that Jackson Pollock's Convergence is one noted favorite in this context. The most important point to be noted in this respect is the amount of energy that is reflected within the parameter of this 95" x 155" inch canvas. (Samuel, 1999) To ascertain a piece of canvas to be judged as a work of art it is necessary to evoke a certain feeling within the viewers. There is no grammar involved in this part; no mathematics is needed; only the artistic sense is operational in this context from the part of the viewer. The interpretation may vary but the theme that evoked the interpretation of the viewer is all that is important to certify a painting as Art. In this context too Jackson Pollock's Convergence comes out with flying colors. (Mitra, 1985) American ceramic artist Bennett Bean lives and works in Blairstown, NJ. Bean is primarily a studio potter but is also an equally good sculptor and painter. His trademark creations include pale pit-fired pots and vessels such as bowls and teapots. Bean has confessed to having been influenced by a range of ceramic art including Japanese pottery, English pottery (such as those by Bernard Leach) Native and Modern American pottery (such as those by George Ohr). Bean is also in the habit of using other beautifying techniques such as gilding and glazing on his pots, only instead of serving as decorative measures these methods help Bean in creating the kind of space and surface he is known for. The patterns he uses comes from a collection he has built up over 20 years, many of them are influenced by the