Investigation Of The Financial Performance Of Maybank - Free Essay Example

Sample details Pages: 10 Words: 3027 Downloads: 4 Date added: 2017/06/26 Category Finance Essay Type Research paper Did you like this example? CHAPTER 1 INTRODUCTION Production or gain from a financial institution is depending on some issues whether the external control or the internal control. External control refer to the environment in our country like economy growth and inflation that effect the purchasing power of customer as the price of goods increases, customer demand will increase too. The Malaysian economy actually moves together with strong financial system. Don’t waste time! Our writers will create an original "Investigation Of The Financial Performance Of Maybank" essay for you Create order Strong financial system of a country will contribute to economic growth. Economic growth of a country like Malaysia is measured in terms of real GDP. According to Travel Document Systems ( 1996) ,since independent on 1957 until 2005, Malaysian economy had grew by 6.5% per year automatically it become the best country in Asia at that time. Banks nowadays struggled to maintain a good performance in order to fulfill its objectives of satisfying their customers, employees, depositors and government according to Askari Commercial Bank ( 2006 ). The evolution of financial system in Malaysia has been significant. 7.2 per cent economic growth registered by the country last year was the highest achievement over 10 years and was driven by the two stimulus packages as well as the management of countrys financial and banking system by Bank Negara said the Prime Minister Datuk Seri Najib Tun Razak (2011) . 1.1 BACKGROUND OF STUDY Profit is the major focus of why everybody struggles to make sure their business going well as profit is the important sources of funds. This paper will measure financial performance of Maybank Bhd and determinant of data by identifying the profitability performance of Maybank Bhd. It is important to understand the profitability of commercial bank after considering certain factors that may contribute to the profitability. The research is based on the performance of Maybank from 2001 to 2010. 1.2 PROBLEM STATEMENT A financial institution is a profit-seeking organization owned by shareholders who expect to gain return with the risk associated that they have to face. There are many factors that contribute to bank profitability. According to Bankers Journal Malaysia, for Malaysian Banks, more than 80% of their total income is attributed to interest income. Previous studies have also found that interest income and non-interest income have a positive effect on bank profitability. However besides those banking characteristics of internal variables, there are some external variable that may affect the banks profitability performance that cannot be overemphasized like inflation and GDP. Earlier studies by Al-Hajji, Mohsen (2003) have found positive relationship between the GDP and bank profitability. When GDP increases, profitability of the bank will increase too. Adverse result was found about relationship between inflation and bank profitability. This study will answer the question of how inter est income, non-interest income, GDP and inflation rate relate with bank profitability also how is well is the performance of Maybank Bhd during the period of study. RESEARCH QUESTION Dependent and independent variables are studied to find solution about the profitability performance of Maybank Berhad. Factors affecting performance of Maybank Berhad can be comprises into external and internal factors. The criteria that will be evaluated are interest income, non-interest income , interest expenses, Gross Domestic Product (GDP) and inflation rate. The intent of this study is to examine the effect of all this factors towards performance of Maybank Berhad. This research problem leads to questions concerning relationship between selected criteria. In this research, there are few question were asked as listed below : 1.3.1 To what extend inflation rate effect the performance of Maybank Berhad? What are the relationship between dependent variable and independent variables ? 1.3.3 What is the factor that most effect profitability ratio of Maybank Berhad? 1.4 OBJECTIVE OF STUDY The main objective of this study is to study the factors attributes to the profitability performance of Maybank Bhd. comprises of interest income, non-interest income ,Gross Domestic Product (GDP), and inflation rate. The study also will determine the profitability performance of bank for 10 years period. Apart from that, there are few supporting objectives to support the main purpose were listed below : To study the relationship between internal variables and bank profitability. To identify whether bank cost and bank revenues will contribute to profitability performance of Maybank Bhd. To determine which factors contribute the most to profitability of Maybank Bhd. To analyze the trend of Maybank profitability over 10years and identify Maybanks strength and weaknesses using certain profitability ratios. SIGNIFICANT OF THE STUDY Bank profits refer to the return on invested capital and it is important to company as well as the shareholder. Bank profits can be considered as benefit to depositors as it shows stronger, safer and efficient banking system in the increases in revenues and services improvements. Indirectly borrowers also will get the benefits since the bank lending rate depends of ability of banks capital accounts. This paper will focus on some categories as follows: Facilitate researcher to find out the major factors contributing to the profitability performance of commercial banks especially Maybank Bhd. To assist the researcher to be more alert on how to manage and overcome problems that could come together with independent variables and provide guides on how to improve profitability performance. Also provide information on banks profitability strength and weaknesses that could be use by the customers as an evaluation of banks performance. The researcher may also view the performance trend of Maybank Bhd. during this 10 years from 2001 to 2010. 1.6 SCOPE OF STUDY This research paper will focus on the financial performance of Maybank Berhad based on banks profitability. The factors that will be evaluate are divided into 2 which are external factors (Gross Domestic Product, and inflation) and internal factors ( interest income, non-interest income ). 1.7 LIMITATION OF STUDY The limitations of this study is the data only for 10years starting 2001 to 2010. Furthermore the data come from secondary data and sometimes may be adequate or accurate. Besides most of the data were gathered from journals, BNM à ¢Ã¢â€š ¬Ã¢â‚¬Å" Maybank annual reports , and articles. 1.8 DEFINITION OF TERMS 1.8.1 Profit According to Wikipedia, profit  can be considered as the difference between the purchase  price  and the  costs  of bringing to market whatever it is that is accounted as an enterprise or in a simple word it means money gained in business. 1.8.2 Interest Income Companies sometimes keep their cash in short-term deposit investments such as certificates or deposit with maturities up to twelve months, savings account, and money market funds. The cash placed in these accounts earn interest for the business, which is recorded on the income statement as interest income. Interest income will fluctuate each year with the amount of cash a company keeps on hand and the general level of interest rates as set by the Federal Reserve. (Source: Joshua Kennen à ¢Ã¢â€š ¬Ã¢â‚¬Å" Investing for beginners guide ) 1.8.3 Operating profit The profit earned from a firms normal core business operations. This value does not include any profit earned from the firms investments (such as earnings from firms  in which  the company has partial interest) and the effects of interest and taxes. It is also  known as earnings before interest  and tax (EBIT). (Source:https://www.investopedia.com/terms/o/operating_profit.asp) 1.8.3 Profitability Analysis Analysis that assigns revenues and costs to major customers or groups of customers rather than to organizational units, products, or other objects. The results may direct organizational resources toward more profitable uses. It is an application of segmented reporting in which a customer group is treated as a segment. It is especially helpful when combined with an activity-based costing approach that determines which activities are performed for each group and assigns costs based on appropriate drivers. (Source : https://www.answers.com) 1.8.4 Inflation Inflation is An increase in the amount of currency in circulation, resulting in a relati vely sharp and sudden fall in its value and rise in prices: it may be caused by an increase in the volume of paper money issued or of gold mined, or a relative increase in expenditures as when the supply of goods fails to meet the demand. (Source : Websters New Universal Unabridged Dictionary) 1.8.5 Financial Ratios Ratios that measure a firms ability to meet its short-term financial obligations on time, such as the ratio of current assets to current liabilities. (Source : The Free Dictionary by Farlex ) 1.8.6 Gross Domestic Product Gross domestic product (GDP) refers to the market value of all goods and services produced within a country in a given period. It is often considered an indicator of a countrys standard of living. Gross domestic product is related to national accounts, a subject in macroeconomics. ( Source : https://erbwikipedia.org/wiki/Gross_domestic_product ). Interest Expense Interest expense is a non-operating or other expense for the cost of borro wed money or other credit. The amount of interest expense appearing on the income statement is the cost of the money that was used during the time interval shown in the heading of the income statement, not the amount of interest paid during that period of time. (Source : Accounting Couch) SUMMARY In this chapter, we have discussed about the influence of factors affecting profitability performance of Maybank Berhad and the question that need to be answered in this paper. This research examined the bank profitability which focused on both the returns on bank assets and equity, net interest rate margins and net operating margin. High performance comes from effort given by bank management to produce high profit while facing risk related. Firm need to generate income as much as possible as banking institution is a profit-orientation company. CHAPTER 2 LITERATURE REVIEW INTRODUCTION Bank performance depends on the profitability measurement of banks financial statement. It is recognized that the growth of the banking system is dependent on a strong and stable economic development. PREVIOUS STUDY This paper deals with performance of commercial bank, focuses on Maybank Berhad. Some of previous study that relate with this research are Masood et al. (2009) revealed that in case of calculating profitability in terms of ROE or ROA the most significant internal and external factors affecting Saudi banks are capital adequacy ratio, earning assets to deposits ratio, operational efficiency, growth rate in GDP, and banking sector development. He finds also that variables to do with credit risk, inflation rate and interbank offered rate are insignificant and have a low effect on all indicators of profitability. The results in the speech by Tan Sri Dato Ali Abu Hassan Bin Sulaiman, Governor of BNM, (23 September 1998), he stated that since the onset of the financial crisis, BNM had instituted a number of measures , amongst others included tighter loan classficication policy for non-performing loans and a limit on lending for the purchase of shares. Since then, the financial crisis adve rsely affected the real economy, resulting in real GDP contracting by 4.8% during the first half of 1998. Year 1998 was a difficult year for the banking system while 1year after that was the recovery year in the performance of banking system. (BNM 1999 Annual Report Press Conference). Haslem (1968) defined profitability as the capacity to gain or profit, or to return a profit or income. Profit is the measured for productive capacity of a company. According to Orl and Yolalan(1990), profitability performance evaluation of a banks should be linked to decision model so as to associate the result obtained with the decision. Meanwhile, according to Bashir and Hassan , (2003) on their study on the factors influencing the profitability of Islamic banks in eight Middle Eastern countries for the period 1993à ¢Ã¢â€š ¬Ã¢â‚¬Å"1998, they find that the higher leverage and large loans-to-asset ratios lead to higher profitability. This study also indicates a positive relationship between macroe conomic variables, stock market development and profitability of banks. Ben Ben Naceur and Goaied (2006) they find that macroeconomic indicators like inflation, GDP, and market concentration ratio have no impact on banks interest margin and profitability. However, financial structure variables (stock market capitalization divided by total assets or GDP) do have a positive effect on the return on assets. Staikouras and Wood (2003) said that macroeconomic indicators (variability of interest rate, growth of GDP) had a negative impact on profitability. Chance and Lane [1980], and Sweeney and Warga [1986] find little evidence that supports the interest rate sensitivity of bank or financial institutions stock returns. On the other hand, studies such as Lynge and Zumwalt [1980], Booth and Officer [19851, Scott and Peterson [1986], and more recently Chaudry and Reichert [1999] suggest that the stock returns of financial institutions are highly sensitive to changes in interest rates.   Different result from Kosmidou and Pasiouras (2007) which they examine how a banks specific characteristics and the overall banking environment affect the profitability of commercial domestic and foreign banks operating in the 15 EU countries and they found that the main determinants of profitability measured by ROAA, macroeconomic conditions (inflation, growth of GDP) and financial market structure (stock market capitalization to total assets or to GDP, total assets to GDP) are statistically significant and related to both domestic and foreign banks profitability. Apart from that, Bourke (1989), Heggested (1977) using the consumer price index (CPI) as a proxy for inflation both of them made a research on relationship between profit and inflation and the result, both studies found that inflation had a significant relationship with profit. Earlier study from Revell (1980). believed that inflation could be a factor in the causation of variations in banks profitability. For stud ied on total expenses, items that fall within the control of bank management can be broadly divided into 3 categories: staff expenses, provision for loan losses, and other general expenses. Expenses, such as payment for income tax, are considered statutory expenses and hence beyond the control of management. Devinaga Rasiah (2010) . THEORETICAL FRAMEWORK In this study, 4 factors were chosen to be evaluated. They are return of unit trust fund, risk level of unit trust, diversification level and last but not least is risk-adjusted level. Below is the relationship between dependent variable and independent variables. Title : Investigation of The Financial Performance of Maybank Berhad Bank interest income Bank Non-Interest Income GDP Inflation rate Bank Profitability Interest Expense DEPENDENT VARIABLE INDEPENDENT VARIABLES CHAPTER 3 METHODOLOGY AND DATA 3.0 INTRODUCTION This study will analyze the relationship between dependent variable (profitability of Maybank Bhd) and independent variables (interest income, non-interest income, inflation rate and Gross Domestic Product (GDP) ).This study will covered 10 years data from 2001 until 2010 and will be done using Statistical Package For Social Science (SPSS). Furthermore, hypothesis will be tested whether it can be accepted or rejected. This will provide more understanding view among variables. The advantage of using profitability ratios is that they are inflation invariant that is they are not affected by changes in price levels. This is useful in a time series analysis such as this, where the real value of profits may be distorted by the time varying inflation rates as stated by Devinaga Rasiah (2010). 3.1 DATA COLLECTION Data was collected using annual reports of Maybank Bhd. The data collection was compiled from the financial statement also the balance sheets from Maybanks annual reports for 10 years.. All the data will be evaluate accordingly to see the relationship between the dependent and independent variables also to test the hypothesis. Besides some of the data comes from Internet website like video on news and some articles which contain information about Maybank Bhd. 3.2 SAMPLING FRAME 10 years data was chosen as to see the latest profitability performance of Maybank Bhd. 10 years data is enough to show the flow of performance of bank to see whether it has consistent performance or not and factors which relate the most to banks performance can be determine. 3.3 SOURCES OF DATA The data on Maybank Berhad financial statements and balance sheets were collected using secondary data which come from: (BNM) Bank Negara Malaysia Annual Reports (2001 until 2010). Bursa Malaysia Internet Website. Library books, articles and magazines. 3.4 VARIABLES AND MEASUREMENT The variables used in this study can be categorized into two main types which are, the dependent and the independent variables. 3.4.1 Dependent Variables The dependent variable for this study is the profitability performance of Maybank Bhd. 3.4.2 Independent Variables There are 4 independent variables in this study which are interest income, non-interest income, inflation rate and Gross Domestic Product(GDP). RESEARCH DESIGN Research design involves a series of rational decision making choices. Various issues regarding the topic will be describe here including purpose of study, types of investigation to be make, time horizon and so on. 3.5.1 Purpose of the Study The purpose of this study is to determine the profitability performance of Maybank Bhd from 2001 to 2010. Besides, this study attempt to analyze the factors relates with the performance of Maybank Bhd. and what are the factor that has the highest impact on Maybank Bhd performance. 3.5.2 Types of Investigation This study involved the multiple regression study on the data from range of 2001 until 2010. This model was chosen because this study has more than 1 independent variable.. 3.5.3 Unit of Analysis Unit analysis for this study are interest income, non-interest income, inflation rate and GDP. 3.5.4 Time Horizon This study will use range data from 2001 until 2010 of Maybank Bhd. 3.7 DATA ANALYSIS AND TREATMENT This study use SPSS, multiple regression study as the statistical tool as to measure how all these variables will influence profitability performance of Maybank Bhd. The multiple regression study will be used to analyze the relationship between dependent variable, which is the profitability of Maybank Bhd and independent variables which includes interest income, inflation rate, GDP and non-interest income. Multiple Linear Regression Model: General Functions: P = f( Inflation rate, interest income, Non-interest income , GDP, e ) Specific Form of Equation: P = a + b1X1 + b2X2 + b3 X3 + b4GDP + b5INF + Where; P = profitability a = Constant b1, b2, b3, b4 = Coefficient Beta value X1 = interest income X2 = non- interest income GDP = Gross Domestic Product INF = Inflation = Error 3.8 HYPOTHESIS STATEMENT There are 5 hypotheses in this study which are: Hypothesis 1 H0: There is no significant relationship between inflation rate and bank profitability. Hypothesis 2 H0: There is no significant relationship between GDP and bank profitability. Hypothesis 3 H0: There is no significant relationship between Interest Income and bank profitability. Hypothesis 4 H0: There is significant relationship between Non-Interest Income and bank profitability. SUMMARY In this chapter, we have discussed about where the data comes from and how the data will be measures to evaluate the significances between dependent variable and the independent variables. The study is designed to examine 5main areas which are interest expense, interest income, non-interest income, inflation rate, and Gross Domestic Product (GDP). 10 years data from varieties of secondary sources like Bank Negara Malaysia and internet sources will be evaluated to explain the relationship between profitability performance and factors influence it. .

Essay about Stop Global Warming Now! - 1242 Words

When thinking about global warming, what comes to mind as the cause? Pollution? Deforestation? Well, my thought is: who creates pollution? Who cuts down all these trees? Who uses fossil fuels? Humans. I don’t believe people are the sole cause, but we are tremendously involved in creating the cause. And really, it’s not so much humans as it is the dramatic increase in population since 1950. In 1950, the population was about 2.5 billion people on this great earth. In 2009—just 59 years later, there are almost 6.8 billion people roaming this globe. And that number continues to grow. By 2050, an estimated 9.3 billion people will call our planet home. My outlook on this serious issue can be construed as dark, glum, or heartless, but I believe†¦show more content†¦There can never be enough food. There can never be enough televisions or books or clothes. So we have to make more. Resulting in pollution from factories, the loss of fossil fuels used to power those factories, and the trees needed to print those books. And what’s so sad, is that that cycle never ends. And if our population continues to grow at this alarming pace, it can only get worse. It’s hard for people to hear, and very hard for myself to say, but death is necessary. Disease is necessary. Murder is necessary. Extinction is necessary. These things must happen to keep the population of any species in check. And I’m not saying to go kill off billions of people to stop this quick demise of humanity. And it may sound cruel and almost ridiculous, but let the diseased, the dying, and the starving die. You see, the problem is, as humans, we care too much. We have too many emotions tied into others that our vision on reality can easily be blurred. Natural selection is real and it is necessary in every aspect of life, especially in containing global warming. Because more people equal more pollution. More paper needed. More poverty. More disease. More unemployment. More homeless. More staving. But we can’t fix everything†¦ yet we try. We feed the starving; we medicate the dying to hold them off for a few, to satisfy our own need to care for someone other than ourselves, for our own greed for popularity and reputation. When that commercial for the kidsShow MoreRelatedWe Must Stop Global Warming Now! Essay2240 Words   |  9 Pages   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  When the topic of global warming comes up in conversation many people either groan and avoid conversation, or don their dueling gloves and prepare for a heated debate. Some people feel guilty and concerned; some simply do not care.  Ã‚  Different points of view yield different stances on the subject. Coming from the scientific and environmental points of view, myrmecologist Edward O. 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I’ve never been accepted Free Essays

â€Å"Freak.† And â€Å"Monster† were the names I heard day in and day out for the last four years. That’s why, when I got approached by The Mavericks I thought things were looking up for me. We will write a custom essay sample on I’ve never been accepted or any similar topic only for you Order Now Little did I know, things were about to go whirling out of control. It was a piercingly cold day, my hands were raw, I was doing my usual paper round, thinking of giving it up, in hope of bed-ridden mornings and no more bags’ under my eyes. I’d given my last paper to a elderly woman leaving her house to check the milkman had been. He hadn’t. He had stopped coming years ago and then I headed back to the Newfield Newsagent and collected my pay. Twenty pound is what I got paid for getting up at six in the morning, every morning. I made my way across the snow covered field, my feet making firm, strong crunching noises†¦ But wait, why could I hear four footsteps instead of two? I twirled around, SMACK. A strong handed punch left me breathless, and knocked me on my back. â€Å"Wh†¦ what?† I asked, breathlessly. I opened my eyes. Jesus, my glasses had snapped, another reason for my dad to call me hundreds of names. â€Å"GIVE ME YOUR MONEY!† a gruff voice called out, â€Å"who.. who are you?† my usually low voice turned into a whimper, as I attempted to sound strong. A defence technique I learned, living with my beastly father for so long. I cursed myself for sounding fearful. I didn’t get another chance to think of another comeback. A rapid, sharp blow hit my straight in the face again. A ripping sound. Lighter pockets. Crunching noises. Then black. I heard a voice. â€Å"Uh dude? You going to be ok? I opened my eyes, slowly and tried to sit up. My whole body ached. There was blood on my white t-shirt. â€Å"You.. You look pretty bad there.† â€Å"Aw SHUT UP Jonny! Way to make him feel better!† Who were these people? I didn’t recognize there voices. â€Å"Where am i?† I managed to whisper. â€Å"You don’t need to know. All you need to know is that, we found you on a field, covered in blood and brought you here. We’re the Mavericks.† The Mavericks? Not the gang, The Mavericks surely? I looked around, everything was black, and a few cardboard boxes lay around, empty cans of Fosters, cigarette boxes and a pool table. I couldn’t really be with The Mavericks could I? I looked up, three tall men stood before me. They were all wearing black suits and black hats. I was with the Mavericks. â€Å"I need to go, I need†¦Ã¢â‚¬  I stopped mid sentence as I saw a gun being pulled from Tall Man number two, coat jacket. â€Å"You’ll stay right there. Since we saved your life, we can end it too. I think you owe us a favour don’t you?† I gulped. I tried to slow my heartbeat down, afraid that they would hear it. â€Å"Just.. Just let me go. I’ll do anything.† I whimpered. When I said I’d do anything, I didn’t think that they would ask me to do what they did next†¦ â€Å"THERE HE IS! RUN!† Joe screamed, I ran, I fell, I got up and ran again. They wouldn’t let me stop; they will kill me if I gave up on them, if I backed down. We were trying to catch Freddy’s dad, a multi-millionaire jewel extraordinaire. Freddy, the newest member of The Mavericks was running ahead of me, I felt sorry for him. He didn’t want to be in this position was much as I didn’t. Joe said that if he didn’t cooperate on this mission he would kill both his mother and father, and then come back for him. So here we were. three months down the line from them finding me on field, bleeding and shaking in my converse. They were using me I knew that, and as soon as the police came, it would be mine and Freddy’s name that would be read out in court. My voice that would plead not guilty to any crime Joe had committed weeks before. I was just a matter of time. Freddy tripped and fell down. I stopped and helped him back up again. I could see tears roll down his cheeks. â€Å"Don’t let them see you. Quick, lets go!† I whispered hurriedly. We started to run again. Where were we? I couldn’t tell. It was too dark to see anything. The only thing I knew was that we appeared to be in a wasteland. The smell filled my nose as soon as I got there, I covered my nose with my scarf and carried on running, still aware the stench was seeping through it. â€Å"HE’S HEADING TOWARD THE LORRIES! DON’T LET HIM ESCAPE!† I ran harder and faster, overtaking Freddy. I saw a shadow crawl under the lorry and I slowed to a stop, just in time for Freddy to stop behind me. â€Å"Where is he?† Freddy whispered. â€Å"Under the lorry, but be quick. I don’t think anybody’s seen him yet.† I replied. Freddy ran and slid under the lorry, I heard a crash. Like metal hitting a skull. I’d heard it before, when Joe had make me kill a poor innocent man because Joe didn’t like the way he looked at him. I hoped Freddy was ok, I really dd. I sprinted to escape from the wasteland, maybe I could get away now? No-one was around, I saw a entrance to a huge warehouse, maybe I could make it? One look behind me pushed my doubts away. I rushed toward the door, just before I managed to let out a sigh of relief. A heavy hand clamped down on my shoulder. â€Å"I don’t think so Jonathon. You know the rules. Now you’ll pay.† A muffled laugh, a shout. â€Å"HE’S HERE!† the hand that was tightly clamped down on my shoulder, let go. I was going to get it now, I really was. Then I heard heavy footsteps, not running toward me, but running away from me. This was it? They were letting me go? â€Å"JONATHAN, HERE. NOW!† I heard Joe scream. But I was already running. And running. Away from the violence and the crime. Running away. I was finished with the Mavericks, And I never looked back. How to cite I’ve never been accepted, Papers

Hum free essay sample

During the Baroque music period the strings played the most important part during that time. Baroque orchestras had from 10 to 30 players which were primarily strings. The strings and winds played the same music melody motion. The Nodding brass was used as melody instruments to sustain the harmony. (HTTPS:// sites. Google. Com/site/retroviruses/flirtatiousnesss) One example of this style is a piece by Johann Sebastian Bachs The Brandenburg Concerto no. In D Major. The entire piece consisted of flutes, violins, strings, and the harpsichord. This piece is said to be a great importance to the Baroque style because of its dramatic tones and shifts in orchestra. The Classical orchestras used 30 to 60 players in four sections which consisted of strings, woodwinds, brass, and percussion. Composers during that would use the individual tones of instruments which gave a piece greater rarity and more rapid changes of tone.Just like the Baroque period the strings Mere the most important part of the section, the violins would take the melody most of the time. We will write a custom essay sample on Hum or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The woodwinds were often given melodic solos, while the horns and rumples brought power to loud passages and filled out the harmony. Famous composer Wolf Gang Amadeus Mozart helped to move the classical period to heights Ninth the production from his orchestra of one flute, two clarinets, two bassoons, two horns, and strings along with a piano. After listening to both Baroque and Classical pieces from the my music kit I could hear that with most of the pieces from the Baroque period had a feel of the dramatic which would tell me that it was a reflection of the times. The Classical pieces I listened to felt like a variety of emotions that the each composer was trying to achieve. These selections are very different compared to modern music mainly because with todays modern music has very limited harmonies while the Baroque and Classical music used complex harmonies and changing from one key to another.

Napoleon free essay sample

In 1800, the French people vote in favour of a new Constitution Napolean made a series of reforms to improve the government, economy, and lives for French citizens To fix the French economy, he introduced a fair tax system and a Bank of France to regulate the money supply He created a merit based system for government bureaucrats He created public schools for students of all backgrounds He issued s comprehensive set of laws called the Napoleonic Code that provided order, freedom of religion, and eliminated privileges by estates. In 1804, Napolean ordered an election and the French people voted Napolean emperor for life. Napolean wanted control of a global empire in North America and Europe But, the revolution in Haiti convinced Napolean to abandon North America In 1803, Napolean sold territory in Louisiana to the United States for 15 million; The Louisiana Purchase doubled the size of the USA. During the Napoleonic Wars, Napoleon sowed his military genius by debating Austria and Prussia and conquering Spain, Italy, and central. We will write a custom essay sample on Napoleon or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page During his rule over Europe, Napoleon made a number of devastating decisions. The one nation Napoleon could not defeat was England. He ordered a blockade, called the Continental System, to cut off all trade with England. The Continental System was a failure and hurt the French economy more than Englands economy. Napoleans insistence that nations obey French laws led to a rise in nationalism and uprisings against France. In 1812, Napoleon made his greatest mistake and invaded Russia The harsh winter and Russias scorned-earth policy devastated the French army and forced Napoleon to retreat In 1814, the weakened French army was defeated; Napoleon surrendered, was forced to give up his throne and was exiled to the island of Elba. The French monarchy was restored, but King Louis XVII was unpopular in 1815, Napoleon escaped and triumphantly gained the throne Only 100 days after napoleons return, he built a new army but was defeated by a European coalition at the Battle of Waterloo in 1815. After his defeat, Napoleon was exiled to the remote island of St. Helena in the South Atlantic where he died after six years What was napoleons impact? He created reforms that ended the financial crisis and unequal class system and made public schools and the Napoleonic law code. His massive empire brought glory to the French people. His rise as emperor ended the Enlightened ideas of democracy that led to the French Revolution The fall of empire led to a conflict between rule by strong monarchs and democratic governments Other Accomplishments of Napoleon The Concordant (1801) Gave Catholic Church status as official state Church; French state would choose and pay clergy; Pope would consecrate The era after the fall of Napoleon was a conflict among conservative, liberal and radical forces Conservatives were usually wealthy land owners and. Nobles; They typically supported traditional monarchies Liberals were usually from the middle class; They supported Enlightenment ideas like limited monarchies and voting rights for educated landowners Radicals were usually from the lower classes; They supported extending democracy to all citizens When Napoleon was defeated in 1815, European leaders met at the Congress of Vienna to retire peace and bring stability back to Europe Congress of Vienna was attended by conservatives from Austria, Prussia, Russia, Britain, France and was led by Austrian minister Klemons von Metternich Metternich and other delegates disliked democracy, feared the ideas of the French Revolution, and wanted to restore Europe to the way it was before Napoleon. One goal was go prevent future French aggression This was accomplished taking from France all lands it gained under Napoleon and making the nations around France stronger The kingdom of Netherlands was created Switzerland became a nation 39 states joined to form the German Confederation Sardinia merged with Genoa Buffer zone was created between France and the major European powers One goal was to restore monarchs to power in Europe This was done by restoring kings in France, Portugal, Spain, and many Italian and German states One goal was to maintain a balance of power in Europe This was done by forming the Concert of Europe, an alliance among Russia, Austria, Prussia and Britain to maintain peace and stop future revolutions The decisions made at the Congress of Vienna helped maintain peace in Europe for almost 40 years But the decisions of the Congress of Vienna did not make liberals or radicals happy The restoration of kings led to an increase in demand for democracy in Europe In 1848, a surge of nationalism swept through Europe which sparked revolutions for democracy and the formation of new nations The Battle of Trafalgar Napoleons plan to invade Britain shattered by a huge British victory at the naval battle of Trafalgar (1805)

Free Essays on Assisted Suicides

Assisted Suicide Just how far should you go when being told to live life to the fullest? Are the choices you have in life up to you? Medical hospitals around the world are turning around in circles trying to define the thin line between the rights of a doctor and the rights of the patient. The question is whether or not â€Å"assisted suicide† should be an option available to the patient has in a time of great pain and agony. Should someone who possesses unbearable pain and who may be in the wrong state of mind at the time that could not affect not only his own life, but also the life of others? Although arguments exist to support the advantages of assisted suicides, over powering evidence shows that it may be in the best interest of the patients and others to not allow this. The controversial and difficult issue of assisted suicide or euthanasia has been brought to people’s attention by the very powerful and competitive views of which it expresses. Most people, more that 1/3, spend at least 10 days in intensive care units, where they often endure torturous attempts at a cure. A survey published in the may issue of the Journal of General Internal Medicine, was the first nationwide examination of all doctors’ views on physician assisted suicide. This survey found that 61.6% of AMA, American Medical Association, and delegates said they are for Physician assisted suicide. If the law would allow doctors to prescribe narcotics for the relief of pain, even if drugs have the side effect of shortening a patient’s life, then doctors would be able to prescribe a level of medication, that could reduce their patients’ agony. In a recent magazine article in the New York Times it states: At age 91, Bertha Hyman signed a â€Å"living will,† outlining her wishes of no resuscitation, no respirator, and no tangle of tubes. Later she informed two nieces and gave one of them power to an attorney to make decisions for her if she cou... Free Essays on Assisted Suicides Free Essays on Assisted Suicides Assisted Suicide Just how far should you go when being told to live life to the fullest? Are the choices you have in life up to you? Medical hospitals around the world are turning around in circles trying to define the thin line between the rights of a doctor and the rights of the patient. The question is whether or not â€Å"assisted suicide† should be an option available to the patient has in a time of great pain and agony. Should someone who possesses unbearable pain and who may be in the wrong state of mind at the time that could not affect not only his own life, but also the life of others? Although arguments exist to support the advantages of assisted suicides, over powering evidence shows that it may be in the best interest of the patients and others to not allow this. The controversial and difficult issue of assisted suicide or euthanasia has been brought to people’s attention by the very powerful and competitive views of which it expresses. Most people, more that 1/3, spend at least 10 days in intensive care units, where they often endure torturous attempts at a cure. A survey published in the may issue of the Journal of General Internal Medicine, was the first nationwide examination of all doctors’ views on physician assisted suicide. This survey found that 61.6% of AMA, American Medical Association, and delegates said they are for Physician assisted suicide. If the law would allow doctors to prescribe narcotics for the relief of pain, even if drugs have the side effect of shortening a patient’s life, then doctors would be able to prescribe a level of medication, that could reduce their patients’ agony. In a recent magazine article in the New York Times it states: At age 91, Bertha Hyman signed a â€Å"living will,† outlining her wishes of no resuscitation, no respirator, and no tangle of tubes. Later she informed two nieces and gave one of them power to an attorney to make decisions for her if she cou...

VIRTUAL FIELD TRIP TO TOWRAPOINT NATURE RESERVE/BO Essays

VIRTUAL FIELD TRIP TO TOWRAPOINT NATURE RESERVE/BOTANY BAY 1Identify the various plans and animals that occupy this ecosystem.Wading birds, bitou bush, lantana, snakes, crab, river and grey mangroves, salt marsh, algae, small fish, mud whelk.Describe how the abundance of mangrove seedling is measured.The abundance of mangrove seedlings is measured by using the quadrat method. Several set areas of land are randomly marked out, the amount of seedling in each area is counted and averaged. This is then multiplied by the total study area divided by the individual quadrat areaDescribe the distribution of mangrove species.River mangroves prefer to grow in sandy more sediment areas in small clumps, while grey mangroves prefer muddy areas and grow further apart.Identify the producers, consumers and decomposers.Plants like mangroves and salt marsh as well as detritus (mostly dead plants) are producersAnimals like foxes, birds and fish are consumersWhile smaller fish, crabs alga and fungi are decomposersGive examples if any ofa) predator/preyb) mutuali smc) commensalismd) parasitisme) allelopathy(a) birds prey on fish (b) lichen growing on mangrove tree (c) oysters andmangroves (d) mistletoe growing on mangrove bark (e) some fungi stunt thegrowth of other plants 7AdaptationList conditions found in mangrove ecosystem which makes colonization difficult.Little sunlight on floor, very wet, varying salinity.Identify and describe in detail.Mangrove: roots provide structural support in soft soil, also allows oxygen in though the surface.Ibis: lack of feathers on neck to reduce water logging, long beak to probe into mud, long toes to balance on mud.Grey mangrove: taller to reach out of canopy and get more sunlight for photosynthesis.River mangrove: leaves can regulate salinity, and turn in high heat to reduce water loss though evaporation. 8Human impact- Discuss at least three human impacts on this ecosystem. (include a positive one as well). Invasive introduced plants are affecting native plants at towra point. Plants like lantana and bitou bush take up space and steal resources from native plants ever since being introduced in the 1860s, introduced feral animals like foxes and rabbits pose a threat to native species. They eat native birds and other wildlife as well as causing erosion to the soil through burrowing. Many conservation programs are in place to reduce coastal erosion, regenerate habitat and kill non-native species.