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Scholarly Arguments for why I believe marijuana should be legal.

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Discuss Globalization & Sociology – Essay Furious

Article Globalization and the sociology of Immanuel Wallerstein: A critical appraisal International Sociology 1–23 © The Author(s) 2011 Reprints and permission: sagepub. co.uk/journalsPermissions.nav DOI: 10.1177/0268580910393372 iss.sagepub.com William I Robinson University of California at Santa Barbara, USA Abstract By the turn of the 21st century the concept of globalization had earned its place in the social sciences and debate turned more squarely to the theoretical significance of globalization. Yet not all scholars were happy with the notion of globalization. Some claim that is merely a new name for earlier theories and concepts. Among those who reject new paradigmatic thinking on the current age is Immanuel Wallerstein, the world-renowned sociologist and ‘father’ of the worldsystem paradigm. This article is intended as an appraisal of Wallerstein’s œuvre in the context of the debate on global transformations in the late 20th and early 21st centuries and from the vantage point of the present author’s own critical globalization perspective. The first three parts summarize and assess Wallerstein’s theoretical system and his many contributions to macro, historical and comparative sociology, to development studies and international political economy. The fourth discusses Wallerstein’s assessment of the evolution of the world capitalist system in recent decades, including his views on the concept of globalization, and the fifth focuses on earlier and more recent critical appraisals of his work, including the present author’s own, in light of the recent transformations in world capitalism identified with globalization. Keywords development, globalization, history of sociology, social change, sociological theory Most would agree that if we are to understand the 21st-century social world we must come to grips with the concept of globalization. The term first became popularized in the 1980s. The 1990s saw raging debates on the usefulness of the concept for the social sciences and humanities. By the new century the concept had clearly earned its place and debate turned more squarely to the theoretical significance of globalization. Yet not all Corresponding author: William I Robinson, University of California, Santa Barbara Campus, Santa Barbara, CA 93106, USA. Email: wirobins@soc.ucsb.edu 2 International Sociology scholars are happy with the notion of globalization. Some claim that it is old wine poured into a new bottle, merely a new name for earlier theories and concepts. Certainly the world has experienced dramatic changes since Immanuel Wallerstein published in 1974 the first volume in his seminal trilogy, The Modern World-System. But not all believe that these changes signal any sort of qualitative transformation in the system of world capitalism that merits new theoretical claims. Among those who reject new paradigmatic thinking on the current age is Immanuel Wallerstein, one of the most renowned sociologists and who is identified as the ‘father’ of the world-system paradigm. This article is intended as an appraisal of Wallerstein’s œuvre in the context of the debate on global transformations in the late 20th and early 21st centuries. What is the explanatory purchase of this oeuvre to our understanding of contemporary 21st-century world affairs, specifically, to systemic level transformations coming into focus one decade into the new century? The first three parts summarize Wallstein’s theoretical system and his many contributions to macro, historical and comparative sociology, to development studies and international political economy, and assess these contributions from what I have termed a critical globalization perspective (Robinson, 2008). The fourth discusses Wallerstein’s assessment of evolution of the world capitalist system in recent decades, including his views on the concept of globalization, and the fifth section focuses on earlier and more recent critical appraisals of his work, including my own, in light of the recent transformations in world capitalism identified with globalization. Reinvigorating historical sociology Some see the world-systems paradigm as a ‘precursor’ to globalization theories (Waters, 2001). World-system theory, however, started out not as a theory of globalization but of development. In the late 1950s, the field of development was dominated by the modernization school, which came under attack by dependency theories and other radical Third World approaches to international inequalities. By the late 1970s, world-system theory had become established as an alternative perspective from which to examine issues of development and world inequalities (see e.g. Roberts and Hite, 2000; So, 1990). Wallerstein’s colleague the late Giovanni Arrighi observed that ‘world-systems analysis as a distinctive sociological paradigm emerged at least 15 years before the use of globalization as a signifier that blazed across the headlines and exploded as a subject of academic research and publication’ (Arrighi, 2005: 33). The paradigm did indeed come of age in the 1970s and 1980s. Yet what is distinctive to world-systems theory is not that it as been around longer than more recent globalization studies. Rather, this paradigm – and certainly Wallerstein himself – tends to view globalization not as a recent phenomenon but as virtually synonymous with the birth and spread of world capitalism, circa 1500. Indeed, Wallerstein is credited for having reinvigorated historical sociology. If one of the hallmarks (and in my view, strengths) of the world-system paradigm is its deeply historical focus, it also represents the problematic nature of the paradigm if it is seen as a theory of globalization. One of the key issues in the globalization debate, and one that cuts to one of the underlying ontological issues in globalization studies, is when does globalization begin? What is the time dimension of the process? How a theory answers this question will shape – even determine – what we understand when we speak of globalization, or if the term – and Robinson 3 the process of change in historical structures that the term is assumed to explicate – is worthwhile, or simply superfluous and misleading. We can identify three broad approaches to the temporal question of globalization – a process that dates back to the dawn of history, with a sudden recent acceleration; a process coterminous with the spread and development of capitalism over the past 500 years; and a recent phenomenon associated with social change of the late 20th and early 21st centuries. The world-system paradigm clearly argues the second of these. In fact, a number of world-system theorists suggested in the 1990s that to talk of globalization was merely to reinvent the wheel (see later). Wallerstein himself does not see anything new in globalization. ‘The proponents of world-systems analysis’, states Wallerstein, have been talking about globalization since long before the word was invented – not, however, as something new but as something that has been basic to the modern world-system ever since it began in the sixteenth century’ (Wallerstein, 2004a: x). My own view, albeit briefly, is that the current period marks a qualitatively new epoch in the ongoing evolution of world capitalism, one that involves certain discontinuities and qualitatively novel dimensions that cannot be explained within the world-systems paradigm. If globalization simply means the only geographic extension of material and cultural exchanges then it has been going on for thousands of years, and if it means the spread and development of capitalism, including that which the capitalist system implies, then it has been going on for 500+ years. In my own conception, I reserve the term globalization to refer to the novel changes associated with the past few decades. These changes involve, to reiterate, qualitatively new dimensions that the world-system paradigm cannot account for given the imminence of its core concepts, as I discuss later, albeit briefly. World-systems theory shares with several other approaches to globalization, most notably the global capitalism approach with which I myself am identified (Robinson, 2004a, 2007), a critique of capitalism as an expansionary system that has come to encompass the entire world over the past 500 years. These distinct theories share a common genealogy that traces back to Marx and his critique of capitalism, and in turn grew out of a long tradition in Marxist and radical analyses of world capitalism dating back to the writings of Lenin, Hilferding, Rosa Luxemburg and other early 20th-century theorists of imperialism (see, inter alia, Brewer, 1991; Worsley, 1977). But accounts of world capitalism among radical academics and political actors began to diverge in the post-Second World War period. In particular, more traditionally oriented approaches followed Marx’s view that capitalism would develop the forces of production worldwide as it spread, while others saw the backwardness and underdevelopment of some regions of the world as the alter-ego of the advancement and development of others. A number of schools emerged that argued that it was the very nature and dynamics of world capitalism that resulted in global inequalities among countries and regions, bringing about the development of some and the underdevelopment of others. This view was first put forward by the structural school of Raul Prebisch and the United Nations Economic Commission for Latin America in the 1950s and 1960s, followed by more radical and explicitly neo-Marxist dependency theorists – or the ‘dependentistas’ – of the 1960s and 1970s (Chilcote, 1984). At the same time, radical intellectuals and political leaders from other parts of the Third World were reaching similar conclusions, among them, Samir Amin and Walter Rodney, inspired in part by the Latin Americans (see e.g. Amin, 1974; Rodney, 1981; Worsley, 1977). 4 International Sociology It was in this milieu that Wallerstein forged his distinctive world-system theory, as part of a broader intellectual exchange with Amin and others, including Andre Gunder Frank and Terrence Hopkins. Wallerstein had himself lived in France and Africa and began his career as an Africanist (on Wallerstein’s intellectual biography, see Goldfrank, 2000). His first major work, Africa: The Politics of Independence, became an academic bestseller. But what launched the world-system paradigm was the publication in 1974 of the first volume of his magnus opus, The Modern World-System. The first volume, under the subtitle Capitalist Agriculture and the Origins of the European World-Economy in the Sixteenth Century, lays out the basic postulates of the theory. It was followed by a second volume in 1980, subtitled Mercantilism and the Consolidation of the European World Economy, 1600–1750, and then a third volume in 1988, The Second Era of Great Expansion of the Capitalist World Economy, 1730–1840s. Wallerstein is a remarkably prolific writer and has produced dozens of books and hundreds of articles and essays. More recent works have continued to elaborate and refine the world-system paradigm, and to apply it to an array of contemporary and historical phenomena (see esp. Wallerstein, 2000c, a collection of essays spanning some 40 years; see also, inter alia, Wallerstein, 1979, 1998, 2004a). Other recent works have focused on matters of method, epistemology and ontology of social science, particularly with his call for a unification of the disciplines and of history into a historical social science (Wallerstein, 2001, 2004b). If the radical literature on development was one major influence on Wallerstein’s ideas, the second was the French Annales school that reached its zenith in the post-Second World War years, and in particular, the thought of its leading figures, Fernand Braudel. Braudel had sought to develop ‘total’ or ‘global’ history. By this he meant an approach to history that observes the totality of the field of social forces, so that history is all-embracing and emphasizes the interconnectedness of what conventional approaches consider to be distinct histories. But Braudel also means by ‘global history’ the synthesis of history and social sciences through an emphasis on the longue durée (the long term), what Braudel alternatively referred to as ‘structural time’ in human affairs. The longue durée is a historical process in which all change is slow, involving constant repetition and recurring cycles. It is only through the study of the long term that the totality, the deepest layers of social life, the ‘subterranean history’, and the continuing structures of historical reality are revealed. Wallerstein has pushed further this fusion of history and social science, calling for a historical social science that would reunify history with sociology, the other social sciences and the humanities, and that would operate on a global scale. Two of the hallmarks of world-system approaches are the transdisciplinary nature of much research and the deeply historical perspective it brings to bear on research. In 1976, Wallerstein and several of his colleagues established the Fernand Braudel Center for the Study of Economies, Historical Systems, and Civilization at the State University of New York at Binghamton. According to the Center’s founding statement: [The Center] exists to engage in the analysis of large-scale social change over long periods of historical time. We operate on two assumptions. One is that there is no structure that is not historical. In order to understand a structure one must not only know its genesis and its context; one must also assume that its form and its substance are constantly evolving. The second Robinson 5 assumption is that no sequence of events in time is structureless, that is, fortuitous. Every event occurs within existing structures, and is affected by its constraints. Every event creates part of the context of future events. Of course, there are ruptures in structures which represent fundamental change. But such ruptures too are explicable in terms of the state of the structures. We therefore do not separate the study of historical sequence and the study of structural relationships.1 The modern world-system World-system theory as elaborated by Wallerstein starts with the proposition that the appropriate unit of analysis for macrosocial inquiry in the modern world is neither class, nor state/society, or country, but the larger historical system, in which these categories are located. The defining boundaries of a historical system are those within which the system and the people within it are regularly reproduced by means of some kind of ongoing division of labor. Central to the idea of a historical system is the division of labor – a core concept in the social sciences. The existence of a division of labor implies specialized work roles among individuals and groups along with the coordination or synchronization of these different roles, or labor activities. Hence, the division of labor naturally forms the outer boundaries of any social order in that it sets the boundaries for and social relations and interdependencies. In human history, Wallerstein argues, there have been three known forms of historical systems: mini-systems, and world-systems of two kinds – world-empires and worldeconomies. Mini-systems largely correspond to the pre-agricultural era. They are selfcontained systems that tend to be small in space and brief in time. They are generally subsistence economies, governed by the logic of reciprocity in exchange. Mini-systems were highly homogeneous in terms of cultural and governing structures and they split up when they became too large. World-systems do not exhibit this homogeneity. For Wallerstein, a world-system is an economic entity not circumscribed by political or cultural boundaries, and is a self-contained social system. World-empires were the dominant form of historical systems from the earliest civilizations until about 1500 ad. The defining characteristic is a single political center or structure encompassing an extensive division of labor and a wide range of cultural patterns. World-empires operated through the extraction of tribute, or surplus, from otherwise locally self-administered communities of producers that was passed upward to the center and redistributed to a network of officials. In turn, a world-economy involves vast, uneven chains of integrated production structures brought together through a complex division of labor and extensive commercial exchange. This may be true of a world-empire as well. For Wallerstein, the boundaries of a world-system are formed by the extent and reach of a given social division of labor. For instance, the Roman Empire was a world-system, in that all of the lands and peoples encompassed within its realms participated in a single empire-wide division of labor, and were connected by specialized regional roles and economic contributions, and trading networks among them. In Wallerstein’s own words, a world-system is a ‘spatial/temporal zone which cuts across many political and cultural units, one that represents an integrated zone of activity and institutions which obey certain systemic rules’ (Wallerstein, 2004a: 17). In turn, Wallerstein distinguished between 6 International Sociology two types of world-systems. One is world-empires, in which there is a single political boundary. Hence the Roman world-system was a world-empire. In distinction, a world-economy is a world-system that has multiple political centers rather than a single political center or boundary. The peculiar strength of the modern or capitalist world-system is that it has not transformed into a world-empire, which would imply a single political system or center. The capitalist world-economy that emerged from circa 1500 and on expanded to cover the entire globe, absorbing in the process all existing mini-systems and world-empires, establishing market and production networks that eventually brought all peoples around the world into its logic and into a single worldwide structure. Hence, by the late 19th century there was but one historical system that had come to encompass the entire globe, the capitalist world-system. It is in this sense that world-system theory can be seen as a theory of globalization even if its principal adherents reject the term globalization (see later). As Wallerstein lays out in Volume I of The Modern World-System, the modern worldsystem as a capitalist world-system came into being during the ‘long sixteenth century’ of 1450–1640 out of the general crisis of European feudalism that began in the 14th century. ‘Structures are those coral reefs of human relations which have a stable existence over relatively long periods of time’, states Wallerstein. ‘But structures too are born, develop, and die . . . the study of social change . . . should be restricted to the study of changes in those phenomena which are most durable’ (1974: 3). He then goes on to proclaim two ‘great watersheds in the history of man . . . the so-called Neolithic or agricultural revolution. The other great watershed is the creation of the modern world’ (1974: 3). Prior to the creation of this European-centered world-system there were a number of world-economies and world-empires around the planet, including the Mediterranean world-economy, the Indian Ocean–Red Sea complex, the Chinese region, the Central Asian land mass from Mongolia to Russia and the Baltic area, among others (Wallerstein, 1974: 17). But the European world-economy did away with these other world-economies and world-empires through its own expansion. Emerging capitalist elites (merchants, financiers, political elites) from Portugal, later Spain, Holland, England, France and elsew…
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ACC302: Advanced Financial Reporting Research “Announcements” made by companies listed on the Singapore Exchange (“SGX”) pertaining to “Asset Acquisitions and Disposals” in the recent five years. Select one or more companies that had completed one or more business combinations involving subsidiaries. Appraise their financial statements for one or more financial years subsequent to those business combinations. For the company/is that you have selected, using extracts of “line items” from the face of the financial statements and “Notes to the Financial Statements” pertaining to consolidation of financial statements, outline the relevant accounting policies/treatment and include reference to the specific requirements of the SFRS(I)

ACC302: Advanced Financial Reporting

Research “Announcements” made by companies listed on the Singapore Exchange (“SGX”) pertaining to “Asset Acquisitions and Disposals” in the recent five years. Select one or more companies that had completed one or more business combinations involving subsidiaries.

Appraise their financial statements for one or more financial years subsequent to those business combinations.

For the company/is that you have selected, using extracts of “line items” from the face of the financial statements and “Notes to the Financial Statements” pertaining to consolidation of financial statements, outline the relevant accounting policies/treatment and include reference to the specific requirements of the SFRS(I)

The post ACC302: Advanced Financial Reporting Research “Announcements” made by companies listed on the Singapore Exchange (“SGX”) pertaining to “Asset Acquisitions and Disposals” in the recent five years. Select one or more companies that had completed one or more business combinations involving subsidiaries. Appraise their financial statements for one or more financial years subsequent to those business combinations. For the company/is that you have selected, using extracts of “line items” from the face of the financial statements and “Notes to the Financial Statements” pertaining to consolidation of financial statements, outline the relevant accounting policies/treatment and include reference to the specific requirements of the SFRS(I) first appeared on essaypanel.com.

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Ergonomics PART 1 PURPOSE: The objective of Part 1 of this assignment is to enable learners to relates the impact of various personal attributes on safe working practice, comfort, and performance through literature review. REQUIREMENT: You are required to conduct a literature review on “Ergonomic Risk Assessment and Business Performance”. To complete this literature review assignment, undertake the following steps: to

Ergonomics

PART 1

PURPOSE:

The objective of Part 1 of this assignment is to enable learners to relates the impact of various personal attributes on safe working practice, comfort, and performance through literature review.

REQUIREMENT:

You are required to conduct a literature review on “Ergonomic Risk Assessment and Business Performance”.

To complete this literature review assignment, undertake the following steps:
to

a. Choose ONE relevant research article;

b. Use these questions to guide you in completing the assignment:

• What question or problem is the author addressing?

• What are the key concepts and how are they defined?

• What are the key theories, models, and methods? Does the research use established frameworks or take an innovative approach?

• What are the results and conclusions of the study?

• How does the publication relate to other literature in the field? Does it confirm, add to, or challenge established knowledge?

How does the publication contribute to your understanding of the topic?

What are its key insights and arguments?

What are the strengths and weaknesses of the research?

PART 2

PURPOSE:

The objective of Part 2 of this assignment is to enable learners to design the most appropriate ergonomics program through the application of ergonomics principles that suit industrial needs.

REQUIREMENT:

(a) Select ONE organization;

(b) Provide an introduction of the chosen organization;

(c) Select TWO (2) different tasks/work activities performed in your organization that relates to the ergonomics hazards/issues;

(d) Discuss the tasks in (c) from the perspective of Petersen’s Accident/Incident Model;

(e) Perform a risk assessment to determine its level of risks, and Design an ergonomics intervention program to prevent workers’ injuries while performing the chosen TWO tasks (in (c)).

The post Ergonomics PART 1 PURPOSE: The objective of Part 1 of this assignment is to enable learners to relates the impact of various personal attributes on safe working practice, comfort, and performance through literature review. REQUIREMENT: You are required to conduct a literature review on “Ergonomic Risk Assessment and Business Performance”. To complete this literature review assignment, undertake the following steps: to first appeared on essaypanel.com.

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SEC337: Security and Technology Cybercriminal gang DarkSide – which US authorities said operates from Eastern Europe and possibly Russia – infiltrated the pipeline last month. It carries 45% of the East Coast’s supply of diesel, petrol, and jet fuel, Colonial Pipeline says. The attack disrupted supplies for several days causing fuel shortages and queues at pumps in states such as Georgia, North Carolina, and South Carolina.’ – BBC, 8 Jun 2021 At the end-user level, compare at least six (6) measures on how a ransomware attack can be prevented.

SEC337: Security and Technology

Cybercriminal gang DarkSide – which US authorities said operates from Eastern Europe and possibly Russia – infiltrated the pipeline last month. It carries 45% of the East Coast’s supply of diesel, petrol, and jet fuel, Colonial Pipeline says.

The attack disrupted supplies for several days causing fuel shortages and queues at pumps in states such as Georgia, North Carolina, and South Carolina.’ – BBC, 8 Jun 2021 At the end-user level, compare at least six (6) measures on how a ransomware attack can be prevented.

 

The post SEC337: Security and Technology Cybercriminal gang DarkSide – which US authorities said operates from Eastern Europe and possibly Russia – infiltrated the pipeline last month. It carries 45% of the East Coast’s supply of diesel, petrol, and jet fuel, Colonial Pipeline says. The attack disrupted supplies for several days causing fuel shortages and queues at pumps in states such as Georgia, North Carolina, and South Carolina.’ – BBC, 8 Jun 2021 At the end-user level, compare at least six (6) measures on how a ransomware attack can be prevented. first appeared on essaypanel.com.

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Do research on Udders Ice Cream https://www.udders.com.sg/ digital marketing activities. You would need to analyse and include references from at least three (3) of your chosen brand’s digital marketing platforms (Social media networks, website, mobile app etc). In order to better contextualise your understanding of the brand, it is recommended that you still have an overview of all their digital marketing activities even though you wo

Do research on Udders Ice Cream https://www.udders.com.sg/ digital marketing activities. You would need to analyse and include references from at least three (3) of your chosen brand’s digital marketing platforms (Social media networks, website, mobile app etc). In order to better contextualise your understanding of the brand, it is recommended that you still have an overview of all their digital marketing activities even though you would only need to focus on three platforms.

 Using your research and examples from your chosen brand, answer the following questions:

 Question 1

Discuss how the principles of the New Marketing Normal have been applied or not applied on your brand’s marketing mix (Product, Place, Price and Promotion).

(50 marks)

Question 2:

Analyse the use of Participation and Principles. How does your chosen brand apply them? Discuss and illustrate what your brand is doing well and what can be improved upon.

(50 marks)

The post Do research on Udders Ice Cream https://www.udders.com.sg/ digital marketing activities. You would need to analyse and include references from at least three (3) of your chosen brand’s digital marketing platforms (Social media networks, website, mobile app etc). In order to better contextualise your understanding of the brand, it is recommended that you still have an overview of all their digital marketing activities even though you wo first appeared on essaypanel.com.

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Touchstone 2.1: Evaluate a Source ASSIGNMENT: For this essay, you will select one of the sources you have found through your preliminary research about your research topic. Which source you choose is up to you; however, it should be substantial enough that you will be able to talk about it at length, and intricate enough that it will keep you (and your reader) interested

Touchstone 2.1: Evaluate a Source

ASSIGNMENT: For this essay, you will select one of the sources you have found through your preliminary research about your research topic. Which source you choose is up to you; however, it should be substantial enough that you will be able to talk about it at length, and intricate enough that it will keep you (and your reader) interested.

In order to foster learning and growth, all essays you submit must be newly written specifically for this course. Any recycled work will be sent back with a 0, and you will be given one attempt to redo the Touchstone.

The introduction of this paper will involve introducing the source: Provide the author, the title, and the context (where you found the source, where it was originally published, who sponsored it, etc.)

You will then go on to evaluate the source on two levels:

  1. Credibility: Using the information in this unit as a guide, evaluate the source’s authenticity and reliability. Look at all the information that you can find about the source to establish the author’s (or sponsor’s) trustworthiness.
  2. Usefulness: Using a combination of summary and analysis, examine the source on a critical level. Determine what the source’s purpose (thesis) is, and how it arrives at that goal. Examine its value to you and the project you are working on. How will it help you prove your own points? How might it come in handy to back up a claim (or address a counter-claim)?

Finally, you will include a conclusion which shows your final assessments on both counts.

Sample Touchstone

A. Assignment Guidelines

DIRECTIONS: Refer to the list below throughout the writing process. Do not submit your Touchstone until it meets these guidelines.

1. Source Identification

The introduction of this paper will be introducing the source:

❒ Have you provided the author’s name?❒ Have you provided the source title?❒ Have you provided the context (where you found the source, where it was originally published, who sponsored it, etc.)?

2. Source Evaluation

❒ Have you provided a judgment on the source’s credibility?❒ Have you used specific examples from the source to illustrate your judgment on credibility?❒ Have you provided a judgment on the source’s usefulness?❒ Have you used specific examples from the source to illustrate your judgment on usefulness?

3. Reflection

❒ Have you answered all reflection questions thoughtfully and included insights, observations, and/or examples in all responses?
❒ Are your answers included on a separate page below the main assignment?

B. Reflection Questions

DIRECTIONS: Below your assignment, include answers to all of the following reflection questions.

  1. What types of questions did you ask yourself when evaluating the credibility and usefulness of your source? (2-3 sentences)
  2. How do you feel this evaluation practice will help you as you continue to move through the research process? (2-3 sentences)

 

D. Requirements

The following requirements must be met for your submission to be graded:

  • Composition must be 2-3 pages (approximately 500-750 words).
  • Double-space the composition and use one-inch margins.
  • Use a readable 12-point font.
  • All writing must be appropriate for an academic context.
  • Composition must be original and written for this assignment.
  • Plagiarism of any kind is strictly prohibited.
  • Submission must include your name, the name of the course, the date, and the title of your composition.
  • Include all of the assignment components in a single file.
    • Acceptable file formats include .doc and .docx.

E. Additional Resources

The following resources will be helpful to you as you work on this assignment:

  1. Purdue Online Writing Lab’s APA Formatting and Style Guide
    1. This site includes a comprehensive overview of APA style, as well as individual pages with guidelines for specific citation types.
  2. Frequently Asked Questions About APA Style
    1. This page on the official APA website addresses common questions related to APA formatting. The “References,” “Punctuation,” and “Grammar and Writing Style” sections will be the most useful to your work in this course.
  3. APA Style: Quick Answers—References
    1. This page on the official APA Style website provides numerous examples of reference list formatting for various source types.

The post Touchstone 2.1: Evaluate a Source ASSIGNMENT: For this essay, you will select one of the sources you have found through your preliminary research about your research topic. Which source you choose is up to you; however, it should be substantial enough that you will be able to talk about it at length, and intricate enough that it will keep you (and your reader) interested first appeared on essaypanel.com.

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FIN355: Equity Securities You are an analyst working in a private equity investment company and have been assigned to cover the sustainable food industry for Unity Fund, a private vehicle investment fund. Your fund is considering the privatization of

FIN355: Equity Securities
You are an analyst working in a private equity investment company and have been assigned to cover the sustainable food industry for Unity Fund, a private vehicle investment fund.

Your fund is considering the privatization of Oceania Limited, a public listed company on the local stock exchange. This company currently has 92 million outstanding stock available. Company stock is currently trading at $52.20 per share.

Oceania’s financial extract areas are listed below.

Your fund has an observed beta of 1.05 and a debt ratio of 40% with a cost of debt at 6.5%. Typically, your will issue fresh equity to raise capital to acquire new investment targets.

Dividends will grow at 20% in the next two years and will grow at a constant rate of 6% per year from Year 3 onwards. It is anticipated that the Depreciation, Earnings, Working Capital and Capital Expenditure will increase proportionately with Free Cash Flow to Equity (“FCFE”). You have been advised that the FCFE will grow at 20% per year for two years and at 8% per year thereafter.

Your research team has identified that the market risk premium is 6% while the risk-free rate is 4.5%. The Industry Beta is observed to be 1.3. You have requested industry relative ratios for reference and they have provided you with the following:

Industry P/E 18
Industry P/S 5
Industry P/BV 4.5

Question 1

You have been asked to recommend a suitable discount rate for the investment financial model. You are asked specifically to review the cost of equity and the weighted average cost of capital.

(a) Recommend the appropriate choice of discount rate considering the only cost of equity and a weighted average cost of capital.

(b) Compute the recommended discount rate which you would use to value the company.

Question 2

You are required to assess the growth rate for Oceanic Limited and have been told that the company has gone into a stable growth phase. Appraise the method you will be using and compute the sustainable growth rate.

Question 3

Your fund manager has asked you to provide some relative valuation numbers specific to equity, book value, and sales on a justified basis. You are to compute the following
• Justified P/E
• Justified P/S
• Justified P/BV

Question 4

You have been asked to value the company by using the following methods:
(a) Dividend Model
(b) Free Cash Flow to Equity

Question 5

(a) Recommend which value to use when comparing the Dividend and FCFE methods in Question 4.

(b) Recommend whether the fund should proceed with the proposed acquisition of Oceanic Limited using an appropriate benchmarking tool to demonstrate your understanding of the acquisition.

(c) Calculate the approximate acquisition budget needed to buy up all outstanding shares of Oceanic Limited if the decision is made to proceed.

The post FIN355: Equity Securities You are an analyst working in a private equity investment company and have been assigned to cover the sustainable food industry for Unity Fund, a private vehicle investment fund. Your fund is considering the privatization of first appeared on essaypanel.com.

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EMT105: Financial and Risk Management for Events Question 1 Research on the INSURETECH CONNECT event in Las Vegas. https://vegas.insuretechconnect.com/ (a) Identify TWO (2) major revenue items of this event. Explain and describe where concepts of value-based pricing may have been done. (b) Analyze the cont

EMT105: Financial and Risk Management for Events
Question 1

Research on the INSURETECH CONNECT event in Las Vegas.

Homepage

(a) Identify TWO (2) major revenue items of this event. Explain and describe where concepts of value-based pricing may have been done.

(b) Analyze the content of the website and past event videos to prepare a budget up to gross profit level that lists the major revenue items, expense categories, and key expense line items. No figures are required.

(c) Discuss up to FOUR (4) parameters that impact the basis for the creation of your event budget for INSURETECH CONNECT in Las Vegas.

Question 2

You are a new project director hired by the company to grow INSURETECH CONNECT. One of your first steps was to look into the pricing of the event. How would you go about determining whether there needs to be a change to the pricing of the event? Analyze the case study, and illustrate your points with examples of how you would go about it for INSURETECH CONNECT.

The post EMT105: Financial and Risk Management for Events Question 1 Research on the INSURETECH CONNECT event in Las Vegas. https://vegas.insuretechconnect.com/ (a) Identify TWO (2) major revenue items of this event. Explain and describe where concepts of value-based pricing may have been done. (b) Analyze the cont first appeared on essaypanel.com.

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History The British originally intended Singapore to be just a settlement on the sailing route to China. What changes were made by the British? during the course of the (a) 19th century (b) First half of the 20th century Why?

History
The British originally intended Singapore to be just a settlement on the sailing route to China. What changes were made by the British? during the course of the (a) 19th century (b) First half of the 20th century Why?

The post History The British originally intended Singapore to be just a settlement on the sailing route to China. What changes were made by the British? during the course of the (a) 19th century (b) First half of the 20th century Why? first appeared on essaypanel.com.