Friday, July 17, 2020
The Risks of Candidates Climbing Back Down the Corporate Ladder
The Risks of Candidates Climbing Back Down the Corporate Ladder While thereâs a lot of talk about going up the ladder in the corporate world, it seems that few people ever consider the possibility of climbing back down.Itâs as though our brains are programmed to strive for career growth only, which, admittedly, can be a good thing, but not necessarily.What good is the ladder if you canât climb back down, right?It seems that thereâs an innate optimism that feasts on our ambition and motivates us to excel at what we do.Naturally, we expect to reap the fruits of our labor, but for many reasons, the season can be less than a successful one.While optimism is a great and possibly the only attitude that propels you to succeed, it can also backfire.If you become obsessed with the idea of success so much that youâre unable to process the possibility of failure, youâre threatened by your own mindset.DOWNSIDE OF AMBITIONIt depends on the sector youâre working in of course, but everything cannot always be foreseen and accounted for.Sometimes th ings just get out of your hands and itâs up to the elements or higher powers to decide on the fate of the crops so to speak.Thatâs why, if youâre dependent on the idea that the only possibility of moving is an upward one, what happens can catch you off guard.There are many people who excel at climbing the ladder, but they donât know how to stop or climb down.For those people, climbing down necessarily means falling and itâs often a disgraceful taboo in the corporate world. That sort of megalomania has a self-destruct button installed.People who consider stepping down to be shameful, are bound to trip sometime as all people do.Since they donât know how to take a fall, they take so much more time and energy to get up.Itâs not to say that employees bent on success are less capable, itâs just that they are more prone to perceive a simple step back as a catastrophe.In other words, their motivation is unstable and their willpower is fragile as they depend on fixed ideas ab out success in terms of business and wealth.Whether youâre climbing down voluntarily or youâre a superior that has to assign an employee to a âlowerâ position in the great pyramid, you need to be able to understand the corporate ladder.Itâs used to ascend as well as descend and neither way is fixed and permanent so make the best out of it.Both ascending and descending the ladder have their perks and disadvantages so itâs best to keep them in mind.Since people usually tend to climb up, there are some risks to making candidates climb down the corporate ladder involuntarily:DEMOTIVATIONAn employee who worked hard to get promoted might be severely disappointed in himself/herself or the employer if his expectations are thwarted.You donât have to be a shrink to know that, when you expect something and put your back into it, but donât get any results whatsoever, you donât tend to reinvest the same amount of energy you did before.Sometimes numbers demand demotions but make sure itâs an economic necessity before you make your move.If the demotion is unfair, itâs a sure way of making the employees slack. Discontent in a corporate world spreads like a plague as much as it does in other spheres of life.Psychology 101 teaches us that the amount of satisfaction with your job is proportional to the interest you take in it and the interest you take in it usually dictates your efficiency at it.More motivation means more success and demotion doesnât really scream motivation. Source: hbr.orgWhen an employee is relegated without sound and obvious reasons, it can have a negative impact on staff morale.The world morale signifies the capacity of a group to maintain belief in an institution or a collective goal.Making employees climb down the ladder with no apparent reason doesnât really convince people that you, as a manager, hold their welfare as a priority.Ashlie B. Johnson, head of Brooke Human Resource Solutions, saw the effects of employees climbing down the corporate ladder firsthand:âIâve had very difficult conversations relating to demotions and layoffs many times in my career as a head of HRâ. âIâve had some positive outcomes in such situations because Iâve addressed the employees with respect, and have done everything in my power to support the candidates through every step of their transition.âDISMISSAL CONSIDERATIONIn relation to whatâs been previously said, an employee may regard the demotion as humiliating and such tampering wi th the ego can take its toll.For example, if an employee refuses to accept the demotion, the employer has to consider dismissal.Dismissing the candidates puts superiors in the difficult position of having to find and employ more qualified workers to compensate for the lack of a more experienced one.Sometimes, depending on the position, new employees take time to train and as the saying goes, time is money so try not to waste it.Another downside to dismissal can be financial penalties for prematurely terminating the contract with an employee.That depends on the contract, but in serious institutions, some forms of reimbursement offered to the employee are usually implied.Put together the time you need to train the newcomers and the potential financial penalties for prematurely terminating the contract and you just might find out that it is more economical to avoid demotions.POTENTIAL LEGAL RISKSPrior consultation and agreement should always take place before opting for changes in role s or job statuses.This is the case even when employers have reserved the rights to change terms and conditions of employment by contract.If the employee evaluates the change in status as a substantial one, he/she can opt for an attorney in order to legally defend their rights in front of the court of law or an employment tribunal.The potential complications could be avoided by getting feedback from the employee and perhaps offering alternatives in addition to changing the job title, duties and responsibilities.Even when consultations take place, employers need to be careful not to pressure the employee to agree to the offered alternatives, since the consequences of refusal may be severe.When an employee feels too much pressure has been put, he/she may choose a resignation and a plea to the court.As for the consultations and agreement, employers should be careful to properly engage with the candidate so as to conduct a meaningful process, otherwise, the worker can consider the proces s to be a sham which could also result in a claim for a constructive dismissal.Candidates, dismissed for refusing the demotion, may also have a claim for an unfair dismissal and breach of contract if the employer doesnât serve the notice of termination of employment in time.EQUALITYA demotion can also be the basis for a claim for discrimination which opposes the Equality Act passed in 2010 which protects characteristics relating to race, sexual orientation, gender, disabilities, age, religion etc.An employee may not even need to fulfill requirements in terms of length of service to be able to push the claim of discrimination before the court of law or an employment tribunal.Unlike claims of unfair dismissals, there is no limit to the compensation for loss of earnings that an employee might sue for.MANAGING RISKS OF RELEGATING CANDIDATESWhile demotion can be a useful option for employers in some circumstances, it may have its legal pitfalls.Having in mind the risk of financial expo sure, superiors should always seek legal advice before opting for demotion or dismissal as one can imply the other.Sometimes employers tend to get an employee to quit rather than firing candidates. That way, managers avoid the difficult situation of firing a candidate.From an HR point of view, the advantages of this strategy relate to avoiding paying the severance. Itâs not an advisable strategy, and not just because itâs immoral, but because it can backfire as some workers simply start slacking at work rather than quitting.When it comes to financial benefits, managers can also reduce the salary of an employee instead of officially demoting him/her.That way the position is retained as well as the financial gain. Itâs a non-advisable strategy also as it can backfire in the same manner as the previous one.The best strategy in addressing the risks of demoting candidates is consulting with them and explaining that the demotion is not a disciplinary step.It should be stressed that itâs not due to the incompetence of the employee either, so as to avoid hurting their pride and demotivating them.If possible, it should be stressed that the demotion takes place due to the downsizing of the firm or a similar cause or that the management assessed that the employeeâs competencies would be better put to use in another sector of the organization.The likely impact on staff morale should also be considered. Itâs not a path employers should choose lightly.However, sometimes employees voluntarily climb down the corporate ladder as that can have its advantages.VOLUNTARILY CLIMBING DOWN THE CORPORATE LADDERThere are more and more people opting for climbing down the ladder themselves. The reasons for such a maneuver may differ.The ways you can climb down also vary. You may want to climb down in your own firm or you may decide for a full-fledged transition. The reasons for climbing down the career ladder are usually relating to the draining nature of the work at higher m anaging positions.The higher the position is, the greater the responsibilities are and not many people can cope with too much responsibility.Thereâs a reason that the higher you go, the less place there is at the pyramidal corporate structures.Sometimes itâs not just the responsibility, but what you do as a superior. It depends on the job, but superior functions at corporations usually require more management than creativity and action, so people who like to âwork on the fieldâ, often lose themselves in doing something they didnât really dream about doing in the first place.It is advisable, although it does not occur that often, that corporate leaders sometimes take a step down to remind themselves of the hardship and the nature of the challenges their subordinate colleagues face every day.That way they can get to know the thick and thin of the corporation and understand its structure better in order to be better leaders.Getting to know the staff and the working environmen t first hand is always an asset to the manager.Itâs a growing trend for the boards to choose the potential managers by capacity and qualifications, but to train them from day one and from the lowest position at the firm.That way the potential managers have to get promoted, step by step, all the way to the top of the institution they ought to govern.By the time they get to the top, they already know the workers and the working environment like the back of their hand.To reverse the process, sometimes managers and executives voluntarily climb down the ladder to check the base floors before they climb back up.There are those who choose to step down because of the conflicting beliefs or because they lost themselves in doing something they donât feel is right for them or right at all in terms of ethics. Others value their time, freedom and peace of mind more than the advantages of climbing the ladder.Some people just miss spending more time with their families.Be that as it may, both climbing down and up the corporate ladder, have their advantages and disadvantages.There are risks to deciding to step down for a while and weâll list some of them in order to help you think and avoid doing something you might later regret.DO YOU REALLY WANT TO QUITBefore jumping into rash decisions, think about how your superiors will take your request. You might just convey a message that youâre not ambitious or confident enough.If you question your own expertise, competence and motivation, why should your employer put trust in you and promote you?By second-guessing the boards decision and faith in you, you may lose a chance of getting promoted again.Yes, we said its a two-way ladder, but it doesnt mean you should jump off of a moving train or expect to get back in the saddle just like that.While freeing yourself from the responsibility of higher functions has its perks, it has its disadvantages too.Before you demote yourself, make sure you can handle it financially. Its good to have additional incomes and freelance side hustles if you dont want to get too involved in the corporate machinery.Either way, youre working for the salary. Few things in life come pro bono so you might as well make a decent career for yourself. Not a necessity of course.After all, the corporate viewpoints are becoming more liberal these days so there are reduced responsibility programs for people who want to lessen the workload.Better think of a good excuse for temporarily doing it if you want to climb back on though.BEING OVERQUALIFIED FOR THE POSITIONWhen a candidate with senior skills applies for a junior position, it usually makes employers wonder if the position is just a temporary stop on the way to something better.As most managers look for reliable and dedicated staff, your application might even get turned down.If youre thinking about voluntarily relegating yourself then make sure youve come up with a good story to back up your application.Be ready to explain why youre climbing down the career ladder and make it a good one.Even if you convince your employer that its the spot you feel like youll really give your maximum at, are you sure you wont miss the challenges of the higher position?Perhaps youll find you miss being in a tight spot as the sheer difficulty of the work youre doing can sometimes force the creativity in you.Its a common mistake to think that free time alone will fulfill you.You need to know what is it that you want to do with your spare time because if your challenges at work dont match your capacities, youll become bored, apathetic and depressed.Make sure you have a plan for that prolonged weekend you hoped for all along for you might just find that Sundays make you anxious and that you cant wait to get back to work and do something meaningful.Of course, if you know what you want to do and have something to devote to in your spare time, this doesnt apply to you.Low Self-EsteemWhile theres more and more talk about dialing down on the career goals, since they dont guarantee a good life quality, people still stick to the old prejudice that the higher youre on the ladder, the happier you are.If youre used to some form of admiration from your subordinates, friends or acquaintances and if that admiration is in relation to your title, think twice before opting for demotion.Its not to say that you shouldnt do it. Being identified with your vocation and grounding your status on position alone is not a wise thing to do. If youre already doing it, however, consider the impact your new job will have on your self-esteem.Low self-esteem means low motivation which decreases your productivity which in return decreases your self-esteem.Yes, its a vicious circle so be careful not to make the mistake of defining yourself by what you do for living⦠or if you cant help it, try to do something that would do you justice.ArroganceCandidates with senior skills applying for junior positions often do not take their jobs seriously.T he results of such an approach are detrimental to the cause of the enterprise.If you underestimate your job, youre bound to overlook something and make a mistake.The results of arrogance are, in the long-term, usually catastrophic, not just in business, but generally.Be careful not to overestimate yourself or take your responsibilities for granted because you might just find yourself falling from the ladder instead of climbing down.Its not good for the staff morale to underrate the tasks at hand so if you think your capacity outmatches the challenge, keep it to yourself.Be a mentor, but dont ridicule what youre teaching if you dont want to sell yourself short.CONCLUSIONThere are many ways to climb down the career ladder and even more reasons to do it.Of course, there are many risks to it, so its by no means advisable. Its not to say that we advise against it either. Its an individual thing so, if we advise anything, its to think carefully before you do it.Many candidates make the de cisions on impulse and in the heat of the moment. Give yourself time to cool down before you make life-changing decisions. Do your homework and research.Read the article again if you have to and sum up the pros and cons.If you feel and think that climbing down the ladder is something you should do, by no means should you stick to the position youre not satisfied with.Just dont be rash. Have a good reason for both climbing up and down the corporate ladder.Its not the position that guarantees the quality of life, because all of us have different priorities. Just make sure you know what yours are before you climb that ladder.Its hardly an irreversible process, but it can save you a lot of time and energy if you set your priorities straight.If, however, you failed to do that and you find yourself climbing up or down involuntarily, dont worry. Sometimes you need to take a step before realizing why youve taken it and where it can lead you.Not everything can be planned ahead, but doing hom ework doesnt hurt⦠unless theres really too much of it in which case climbing down the ladder works like a charm.
Thursday, May 21, 2020
Julius Caesar - Mark Antony Essay - 781 Words
Mark Antony nbsp;nbsp;nbsp;nbsp;nbsp;It is human nature to change oneââ¬â¢s personality to fit the situation. People behave differently when speaking to a dignitary that when talking to a friend. Over time one can change due to a loss or gain of power, sometimes for the better or worse. In Julius Caesar, for example, Mark Antony goes through several changes. Mark Antony loved Julius Caesar, yet when he passed away Mark Antony swears vengeance, and ultimately is corrupted by the power of running a country. nbsp;nbsp;nbsp;nbsp;nbsp;At the beginning of the play Antony is harmless and extremely loyal to Julius Caesar. Mark Antony is about to run a race, but ââ¬Å"When Caesar says ââ¬ËDo this,ââ¬â¢ it is performed.â⬠It is almost as if Mark Antonyâ⬠¦show more contentâ⬠¦When Caesar dies Mark Antony has ââ¬Å"Fled to his house amazedâ⬠because one of his closest friends has been killed. The conspirators have judged Antony to be a coward, and therefore do not respect him. He sends his servant to see if it is safe to speak with the conspirators. When they finally meet, he shook everyoneââ¬â¢s hand, ââ¬Å"but was indeed swayed from the point by looking down on Caesar.â⬠By seeing the corpse of his friend, he has been moved to tears. When they leave, ââ¬Å"Over thy wounds now do I prophesyâ⬠to seek vengeance on those who murdered Caesar. As the day progresses, Mark Antony would like to hold a funeral service for Caesar. Brutus speaks first, yet he allows Antony his say, even after he has left. He admits that ââ¬Å"The evil that men do lives after them, the good is oft interrà ¨d with their bones.â⬠He gives the crowd a reason to hate Brutus by contradicting every single point that he made. By gaining the crowdââ¬â¢s approval he is able to display the conspirators not for the heroes that they claim to be, but the butchers which they are. This leads to Antony having a part in the second triumvirate. nbsp;nbsp;nbsp;nbsp;nbsp;While in the second triumvirate, Antony is corrupted and becomes greedy. As the conspirators were driven away, the new leaders of Rome are making a list of the people who were associated or that they just plain donââ¬â¢t like. This has made Mark Antony callous, as ââ¬Å"These many then shall die; their names are pricked.â⬠Two names onShow MoreRelated Julius Caesar Essay: Mark Antony as the Genius of Julius Caesar1286 Words à |à 6 PagesMark Antony as the Genius of Julius Caesar Mark Antony - the guy is a genius.à He gives the most powerful and emotional speech ever conjured up by a human mind.à He gets this powerful emotion from the pain of the loss of his friend, Julius Caesar.à In Shakespeares play about the ill-fated Roman ruler, a band of conspirators plot to kill Julius Caesar.à They succeed in doing so, and Caesars best friend Antony is infuriated.à However, he manages to keep his cool, until he is allowed to speakRead MoreEssay about Julius Caesar - Mark Antony615 Words à |à 3 Pages Mark Antony, in the play The Tragedy of Julius Caesar, was a brave, intelligent, pleasure-loving, and cunning man. He was loyal to his friend, Caesar, whom he considered a true friend. 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Antony doesnââ¬â¢tRead MoreComparing the Speeches of Mark Antony and Brutus in Julius Caesar2122 Words à |à 9 PagesComparing the Speeches of Mark Antony and Brutus in Julius Caesar The play Julius Caesar was first performed in 1599 at the Globe theatre in London. The Globe theatre was built earlier that year and Julius Caesar was one of the first plays performed there. This gives us reason to believe that the play was written towards the end of 1598 and beginning of 1599. William Shakespeare wrote the play Julius Caesar because Plutarchs Lives, William Shakespeares sourceRead MoreJulius Caesar Brutus and Mark Antony Speech Comparison Essay597 Words à |à 3 Pagesby both Brutus and Mark Antony in William Shakespeareââ¬â¢s The Tragedy of Julius Caesar are very persuasive to the audience that they are given to, but rhetorical devices were used in different ways in order for each to have an effect on the people of Rome. In Brutusââ¬â¢s speech, he uses devices such as rhetorical question and antithesis to convince the Romans that he and the conpirators did a good deed by killing Caesar. In Mark Antonyââ¬â¢s speech, he sways them to believe that Caesar did not deserve toRead MoreComapring the Speeches of Mark Antony and Brutus in William Shakespeares Julius Caesar1325 Words à |à 6 PagesSpeeches of Mark Antony and Brutus in William Shakespeares Julius Caesar The play Julius Caesar reaches a peak of tension at the point of the two speeches, and so it would seem whichever speech was enjoyed more by the crowd would make the speaker the more popular. This was in fact the case in the play. Mark Antony used better techniques of speech than Brutus and he prevailed in the end. After the conspirators have killed Caesar, Brutus agrees to let Antony performRead More Julius Caesar: Comparison of the Eulogies of Mark Antony and Brutus689 Words à |à 3 Pages Eulogy, noun. ââ¬â A well versed, powerful speech which praises someone after their death. In The Tragedy of Julius Caesar, there are two of the most famous, and repeated eulogies ever spoken. These eulogies are very powerful and speak to everyone. They are both written very eloquently, but very different at the same time. One is written as a sadness for Caesar, while the other is written as a man who wants to make others feel guilty for his doing. Both speeches seem to tug on the heart stringsRead MoreWilliam Shakespeares Julius Caesar - Mark Antony Proves to Be the Most Skilful Politician in the Play. Do You Agree?1238 Words à |à 5 PagesWilliam Shakepeares Julius Caesar Mark Antony proves to be the most skilful politician in the play. Do you agree? Power is the ability to influence the behaviour of others - whether this is achieved with or without resistance, for good or for bad. Some would go as far as to say that all human behaviour is propelled by the want of power. One can conclude, however, that power is inevitable in the human society. Itââ¬â¢s natural. William Shakespeareââ¬â¢s play, Julius Caesar, is brimming with humansRead MoreThe Exciting and Interesting Life of Mark Anthony in the Play, Julius Caesar866 Words à |à 3 PagesThroughout the play of Julius Caesar, Mark Antony has shown multiple times the sides of him more in history and sometimes more of just a character. Mark Antony has had a very exciting and most interesting life. He has been through the thick and thin; the deaths of friends, loved ones, spouses, and so much more. It is pretty amazing that one person could conquer so much in a single lifetime. The history of Mark Antony is one of the most important parts of the history of Rome. Mark Antony wa s one of the mostRead MoreJulius Caesar as the Noblest Roman of Them All Essay686 Words à |à 3 PagesJulius Caesar as the Noblest Roman of Them All In William Shakespeares Julius Caesar the victorious Mark Antony calls his rival Brutus, the noblest Roman of them all. At the start of the play we witnessed Cassius persuade Brutus to join a conspiracy to kill Caesar. In my essay I intend to discuss four main characters in order to prove or disapprove Mark Antonys statement. The play starts off with Julius Caesar entering Rome after his victory in the civil
Wednesday, May 6, 2020
An Insight Into Dickinsons Portrayal of Death - 2157 Words
An Insight into Dickinsons Portrayal of Death Pale Death with impartial tread beats at the poor mans cottage door and at the palaces of kings. Horace (Quintus Horatius Flaccus, 65-8 B.C.) Throughout the history of literature, it has often been said that the poet is the poetry (Tate, Reactionary 9); that a poets life and experiences greatly influence the style and the content of their writing, some more than others. Emily Dickinson is one of the most renowned poets of her time, recognized for the amount of genuine, emotional insight into life, death, and love she was able to show through her poetry. Many believe her lifestyle and solitude brought her to that point in her writing. During Emily Dickinsons life, sheâ⬠¦show more contentâ⬠¦But, Dickinson provides a new insight into this by describing nature as the force that brings death to its subjects when the time has come. As Nature brings their weight of pain to bear upon the speaker, they are shown to have injured and oppressed with a conscious will (Griffith). She describes to the reader the crude side of nature: the reality of life and the suddenness of death. Contrary to common belief, Mother Nature is not quite described as a loveable and caring person. Poets have grown accustomed to thinking of Nature as a cuddly companion .Emily Dickinsons Nature is no less personal or dynamic than this - and no less a Nature read by the light of pathetic fallacy. It is simply that she sees as tigers what others have mistaken for pets (Griffith). This analogy of pets and tigers describes Dickinsons contrasting views on life, death and nature as compared to other historical and contemporary poets. Another poem that illustrates this viewpoint like no other is Because I Could Not Stop for Death. This poem is an example of the personification of Death as a character. However, it shares an obvious bond with Theres a Certain Slant of Light in more ways than one. Certain beliefs and impressions that are embedded in Dickinsons mind permanently force themselves out in her poems and they can be linked together if oneShow MoreRelatedAn Insight Into Dickinsons Portrayal of Death2173 Words à |à 9 PagesAn In sight into Dickinsons Portrayal of Death Pale Death with impartial tread beats at the poor mans cottage door and at the palaces of kings. Horace (Quintus Horatius Flaccus, 65-8 B.C.) Throughout the history of literature, it has often been said that the poet is the poetry (Tate, Reactionary 9); that a poets life and experiences greatly influence the style and the content of their writing, some more than others. Emily Dickinson is one of the most renowned poets of her timeRead MoreBibliography Relation to Analysis of Emily Dickinsonà ´s Writings2048 Words à |à 8 Pagesaccomplishes the discernment of Dickinsonââ¬â¢s poems and their allusions to many classic myths. He denotes the figurative language that Dickinson utilizes in her poetry to relate to her themes. With these key elements in mind, Anderson is then able to compare Dickinsonââ¬â¢s works to other authors who have tried to reach the same goals, however, Dickinson is able to better achieve the extrapolation of the myths through her profound and truly exquisite writing. In Dickinsonââ¬â¢s A Narrow Fellow In the GrassRead MoreAmerican Literature11652 Words à |à 47 Pageshold readers attention through dread of a series of terrible possibilities feature landscapes of dark forests, extreme vegetation, concealed ruins with horrific rooms, depressed characters Effect: ï⠷ ï⠷ ï⠷ ï⠷ today in literature we still see portrayals of alluring antagonists whose evil characteristics appeal to one s sense of awe today in literature we still see stories of the persecuted young girl forced apart from her true love Historical Context: ï⠷ industrial revolution brings ideas
Financial Management â⬠Exam Free Essays
1. Time value of money (15 points) You have just turned 30 years old, have just received your MBA and have accepted your first job. Now, you must decide how much money to put in your retirement plan. We will write a custom essay sample on Financial Management ââ¬â Exam or any similar topic only for you Order Now The plan works as follows. Every dollar in the plan earns 7% per year. You cannot make withdrawals until you retire on your 65th birthday. After that point, you can make withdrawals as you see fit. You decide that you will plan to live to 100 and work until you turn 65. You estimate that to live comfortably in retirement, you will need $100,000 per year starting at the end of the first year of retirement and ending on your 100th birthday. You will contribute the same amount to the plan at the end of every year that your work. How much do you need to contribute each year to fund your retirement? 2. Stock pricing (20 points) Colgate-Palmolive Co. has just paid an annual dividend of $0. 96. Analysts are predicting an 11% per year growth rate in earnings over the next five years. After that, Colgateââ¬â¢s earnings are expected to grow at the current industry average of 5. 2% per year. If Colgateââ¬â¢s equity cost of capital is 8. 5% per year and its dividend payout ratio remains constant, what price does the dividend-discount model predict Colgate should sell for? 3. Bond pricing (15 points) Consider a 30-year bond with a 10% coupon rate (annual payments) and a $1000 face value. 1. What is the initial price of this bond if it has a 5% yield to maturity? (5 points) 2. What will the price be immediately before and after the first coupon is paid (10 points) 4. NPV (25 points) A proposed cost savings device has an installed cost of $480,000. The device will be depreciated straight-line to zero over its five year life. The required initial net working capital investment is $35,000 (which will be recovered at the end of the project), the marginal tax rate is 35%, and the discount rate is 12%. The device has an estimated year 5 salvage value of $80,000. What level of pretax cost savings do we require for this project to be profitable? 5. IRR (25 points) Your firm is contemplating the purchase of a new $850,000 computer based order entry system. The system will be depreciated straight line to zero over its five-year life. It will be worth $150,000 at the end of that time. You will save $350,000 before taxes per year in order processing costs and you will be able to reduce working capital by $125,000. If the tax rate is 35%, what is the IRR for this project? How to cite Financial Management ââ¬â Exam, Essay examples
Saturday, April 25, 2020
Theories of international relations Essay Example
Theories of international relations Essay A structural query in the social sciences and associated areas as we know it today has deep roots in the history of Western thought. To find out the fundamental, constitutive, structures into which the sensory data of human observation and experience fall: this was a fundamental objective of the ancient Greeks, to go back no far in time (S. Sambursky, 1956). The Greek root of word idea refers to pattern, relationship, or constitution. When we speak of Platos doctrine of Ideas, we might better speak of his principle of Forms, for this is specifically what they were. Granted that these were ideal, even heavenly units in Platos philosophy, it relics true, as Cornford has stressed, that Plato was also a cosmologist, keenly interested in the nature of the actual, experiential world, social as well as physical.à In Platos cosmology there is a thoughtful sense of reality as comprised by not discrete data but shapes and forms mathematical in character (F. M. Cornford, 1952). Nor where Platos student and absconder Aristotle has any less interested in structures. As all interpreters of Aristotle have stressed, it is the living being, and with it growth, that dominates Aristotles mind as the basic model of structure. Organismic structure is, indeed, one of the oldest and most determined models to be found in Western philosophy and science. From Aristotles day to our own, with barely any lapses, the philosophy of an organism has been a significant one: sometimes with stress on the more static aspects, as in anatomy, but other times on the dynamic elements which are found to be constitutive, as in physiological processes, with growth. We will write a custom essay sample on Theories of international relations specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Theories of international relations specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Theories of international relations specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Structuralism can be inert in character, or it can be hereditary and dynamic. Contending purely organism model of structure have been as a minimum two others: the mathematical and the mechanical. Most likely the first is at least as old as the organismic. The earliest, pre-Socratic Pythagorean School of philosophy sought to reveal that reality is mathematicalââ¬âthat is, formed by irreducible geometrical patterns. As, the Pythagorean philosophy exercised great influence upon Plato, and much of his own cosmology contains efforts to refine the Pythagorean view of the geometric structures which form the real. The notion that reality is eventually mathematical in character is of course a very powerful one at the present time. A basic notion is interest in the relationships, the connections, within which we discover primitive elements of matter and energy. The perfunctory conception of structure, though also very old, enjoyed a renascence in the sixteenth and seventeenth centuries, the consequence in substantial degree of the influence on all thought of such physical philosophers as Kepler, Galileo, and Newton. It was nearly expected, given the great repute of these and other minds engaged in the search for laws, systems, and structures in the physical world, that the type of systems and structures they set forth in astronomy, physics, and mechanics must have excited the interests of those concerned mainly with man and society. To see society as a great machine with prototypes of equilibrium, action and reaction, and association of parts to the whole was alluring indeed, as so numerous of the ventures in social physics or social mechanics in the eighteenth century make evident. As with biology and the replica of the organism, mechanics and its model of the machine offered both statics and dynamics. Structuralism in sociology and associated disciplines has a long history insofar as its fundamental grounds are concerned. As Raymond Williams has written: We need to know this history if we are to understand the important and difficult development of structural and later structuralist as defining terms in the human sciences.( Raymond Williams, 1956). There are numerous major, and diverse, outsets of structure to be found in the social sciences of the nineteenth and twentieth centuries, but at the extraction of all of them lie in one relation or other the biological, mathematical, and mechanical models of reality which have wield strong effect upon so many areas of knowledge over the past numerous millennia in the West. Challenges of Structuralism Through the decline of student movements by the early seventies, the slipping and incorporation and commercialization of broader counter-cultural propensities, the appearance of an international economic crisis, and the rise of Thatcherism and Reaganism, the cultural theories and the politics of the critical theory that inclined the New Left were called deeply into question. For several especially in Britain and France, Althussers theory of cultural apparatuses, joint with semiotic theories of discourse, and his overall project of a scientific, structuralist Marxism, appeared the apparent alternative to the failures of humanist Marxism, especially the Hegelian Marxism of the Frankfurt tradition. More usually, a rediscovery of the political economic practicalities of Marxism was called for in opposition to the unrealistic and romantic humanism of critical theory. The challenge of structuralism (and its commencement of social reproduction and related semiotic theories of discourse) pro ved critical for the revision and rethinking of the cultural theory of critical theory in the seventies. Of decisive significance here was a reassessment of the tasks of critical theory as a form of empirical research, as well as a rethinking of the nature of the association between culture, the state and social movements. The job of surveying the response of critical theory to structuralism and structuralist semiotics is intricate by the difficulties of differentiating the composite of tendencies symbolized by structuralism and post structuralism, as well as the arbitrariness of separating off cultural analysis from other concerns of critical theory. There is a certain difficulty in separating out the reaction of critical theory to structuralism as opposed posting structuralism; given that they share numerous assumptions and that their reception took place more or less concurrently for many of those with access to the original French texts. The main justification for such a separation, beyond the significant theoretical shifts entailed, is that the focus of structuralism theories of society is the imitation of culture, whereas the focus of poststructuralist theories is in part the impracticality, or as a minimum difficulty, of any positive, representational theory of culture in the former sense. Gidde ns provide a practical characterization of these underlying continuities. Poststructuralist authors, such as Derrida and Foucault, were reacting against aspects of structuralism thought and yet were obliged to many of its varied assumptions and arguments such as the work of de Saussure, Là ©vi-Strauss, Althusser, Lacan, and early Barthes). Though handled distinctively in structuralism and post-structuralist writing, a number of shared themes can be identified: â⬠¦the thesis that linguistics, or more accurately, certain aspects of particular versions of linguistics, are of key importance to philosophy and social theory as a whole; an emphasis on the relational nature of totalities, connected with the thesis of the arbitrary character of the sign, together with a stress upon the primacy of signifiers over what is signified; the decentring of the subject; a peculiar concern with the nature of writing, and therefore with textual materials; and an interest in the character of a temporality as somehow constitutively involved with the nature of objects and events. There is not a single one of these themes which does not bear upon issues of importance to social theory today. Equally, however, there is not one in respect of which the views of any of the writers listed above could be said to be acceptable. (Giddens, 1987:196) The precise boundaries of the theory of culture are also notoriously difficult to define. Some focus on More narrowly an artistic notion of culture, others slip into a more generic and inclusive one. As Nelson and Grossberg note in their recent collection: â⬠¦cultural theory is now as likely to study political categories (such as democracy), forms of political practice (such as alliances), and structures of domination (including otherness) and experience (such as subjectification) as it is to study art, history, philosophy, science, ethics, communicative codes or technology. Cultural theory is involved with reexamining the concepts of class, social identity, class struggles, and revolution; it is committed to studying questions of pleasure, space, and time; it aims to understand the fabric of social experience and everyday life, even the foundations of the production and organization of power itself. Consequently, it is all but impossible to define the terrain of cultural theory by pointing to a finite set of object-domains or to the search for a limited set of interpretive tools. (1988:6) Cultural phenomena of Structuralism Structuralism contains and combines numerous elements of a classical epistemological dichotomy between quintessence and appearance in terms of the continuum between depth and surface. Là ©vi-Strauss, who were mainly instrumental in exercising this geological metaphor, liken the configuration of cultural phenomena to their layering as in strata, and the considerate of such phenomena in terms of the excavation of these stratums and an exposure of their patterns of interrelation. Elements of a culture, are the surface manifestations or demonstrations of underlying patterns at a deeper level equally within time, the ââ¬Ësynchronicââ¬â¢, and through time, the ââ¬Ëdiachronicââ¬â¢. What de Saussure has provided, and what stands as perhaps the most momentous and binding element of all structuralism, is that the fundamental pattern or structure of any cultural phenomenon is to be understood in terms of a linguistic allegory. The lexical terms or items of vocabulary within such a language are offered by the symbols that subsist within social life, that is, the representations that attach to or arise from the substantial state of things or materiality itself. The grammatical rules of this metaphoric language are offered by the act, the continuous and habitual act, of significance. So the diversities of ways that we make sense in different cultures variously articulates and therefore gives rise to the diverse ââ¬Ëlanguagesââ¬â¢ that our cultural symbols comprise. The involvedness of this system of meaning is compounded by the fundamentally arbitrary relation between any particular object and state of affairs and the symbolic (linguistic) device that is engaged to indicate its being. Thing likeness, then, as objective and recognizable within any culture, derives not from any association between names and named but from a precisely poised structuring of otherness in our restricted network of ideas. Thin gs are not so much what they are but appear from a knowledge of what they are not, indeed a system of oppositions; the principle at the core of any binary code. Now the tenderness of this structuring of otherness remains secure, certainly, it appears as vigorous through the very practice of sociality, through the perseverance and reproduction of that tenancy relation at each and every turn within a culture. Meaning, then, within a particular culture, emerges from convention overcoming the random relation between the signifier and the signified. Convention replicates culture, and culture is conditional upon reproduction within structuralism. Bourdieu is devoted to the development of a critical yet indebted theory of culture and as such his ideas provide a significant contribution to our understanding of both power and power within our society. He began from an analysis of the education system and the part that its institutions play in the formation and diffusion of what counts as legal knowledge and forms of communication: â⬠¦the cultural field is transformed by successive restructurations rather than by radical revolutions, with certain themes being brought to the fore while others are set to one side without being completely eliminated, so that continuity of communication between intellectual generations remains possible. In all cases, however, the patterns informing the thought of a given period can be fully understood only by reference to the school system, which is alone capable of establishing them and developing them, through practice, as the habits of thought common to a whole generation. (P. Bourdieu, 1971, p. 190) It is here that he divulges elements of a Durkheimian epistemology through his interest in the supporting character of cultural representations, the production and continuation of a social consensus that is a concept parallel in significance to the idea of a Collective consciousnessââ¬â¢, and through the supposition of the social origins and perseverance of knowledge classifications. He is, though, critical of what he sees as Durkheimââ¬â¢s positivism in that it depends upon a stasis, and also that Durkheim believes the functions of the education system to be expected (J. Kennett, 1973). A major contribution of Bourdieuââ¬â¢s thought has been his improvement of a series of influential metaphors to eloquent the subtle relation of power and dominion at work in the social world and through the stratification of culture. Most notable is that which he draws from political economy when he speaks of cultural capital: ââ¬Ëâ⬠¦there is, diffused within a social space a cultural capital, transmitted by inheritance and invested in order to be cultivated.ââ¬â¢ (P. Bourdieu, 1971, p. 192) Stratified socialization practices and the system of education function to distinguish positively supportive of those members of society who, by virtue of their location within the class system, are the ââ¬Ënaturalââ¬â¢ inheritors of cultural capital. This is no crude conspiracy theory of a cognizant manipulation, somewhat what is being explored here is the prospect of a cultural process that is self-sustaining and self-perpetuating. This process is observed as carrying with it a framework of anticipation and tolerance of stratification and privilege. In this way Bourdieu moves from the ideological function of culture into a wakefulness of the weird efficacy of culture in that it is seen as structuring the system of social relations by its execution. Therefore, as Bourdieu makes clear, even within a democratic society this demonstration of disguised machinery continues to reinstate the inequalities of a social order which is pre-democratic in character and anti-democratic in essence. Structuralism in modern society The culturalist custom shares with the Marxist at least two major theoretical suppositions: first, the investigative postulate of a necessary, and quite elemental, disagreement between cultural value on the one hand, and the developmental logic of utilitarian capitalist civilization on the other; and secondly, the regulatory imperative to locate some social institution, or social grouping, adequately powerful as to protract the former against the latter. Culturalist hopes have been variously invested in the state, the church, the mythical intelligentsia and the labor movement; Marxist objectives in theory much more consistently in the working class, but in practice also in the state, as for communist Marxism, and in the intelligentsia (and very often more particularly the literary intelligentsia) for Western Marxism. Structuralism accepts neither analytical postulate nor regulatory imperative. For the former, it substitutes a dichotomy between manifestation and essence, in which esse nce is revealed only in structure; for the latter, a scientistic epistemology which characteristically denies both the need for dictatorial practice and the prospect of meaningful group action. There are numerous diverse versions of structuralism, of course, both in wide-ranging and as applied to literature and culture in particular. But, for our purposes, and very broadly, structuralism might well be distinct as an approach to the study of human culture, centered on the search for restraining patterns, or structures, which claims that individual phenomena have connotations only by virtue of their relation to other phenomenon as elements within a systematic structure. More particularly, certain kinds of structuralism those denoted very often by the terms semiology and semiotics can be recognized with the much more particular claim that the methods of structural linguistics can be effectively generalized so as to apply to all features of human culture. Structuralism secured entry into British academic life initially during the late sixties and seventies. But in France and structuralism has been a devastating Francophone affair it has a much longer history. The basic continuity between structuralism and post-structuralism is, nevertheless, not so much logical as sociological. Where Marxism desired to mobilize the working class, and culturalism at its most thriving at any rate, the intelligentsia, against the logics of capitalist industrialization, both structuralism and post-structuralism donate to a very different, and much more modest, intellect of the intellectualââ¬â¢s proper political function. In an observation truly directed at Sartre, but which could just as easily be intended toward Leavis, Foucault writes thus: For a long period, theâ⬠¦intellectual spoke and was acknowledged the right of speaking in the capacity of master of truth and justiceâ⬠¦ To be an intellectual meant something like being the consciousness/conscience of us all some years have passed since the intellectual was called upon to play this role. A new mode of the ââ¬Å"connection between theory and practiceâ⬠has been established. Intellectuals have got used to working, not in the modality of the ââ¬Å"universalâ⬠, the ââ¬Å"exemplaryâ⬠, the ââ¬Å"just-and-true-for-allâ⬠, but within specific sectors, at the precise points where their own conditions of life or work situate themâ⬠¦ This is what I would call the ââ¬Å"specificâ⬠intellectual as opposed to the ââ¬Å"universalâ⬠intellectual (Foucault, 1978). Anti-historicism is a much more characteristic defining feature of structuralism. Both Marxism and culturalism translate their aversion to utilitarian capitalist civilization into historicity persistence that this type of civilization is only one amongst many, so as to be capable thereby to raise either the past or an ideal future against the present. By contrast, structuralism characteristically inhabits a never-ending theoretical present. The only significant exception to this observation is Durkheim, whose enduring evolutionist we have already noted. But so structuralism is his commencement both of primitive ââ¬Å"mechanical solidarityâ⬠and of compound ââ¬Å"organic solidarity,â⬠that Durkheim cannot in fact account for the shift from the one to the other, accept by a badly masked resort to the demographic fact of population growth, which necessitates, on his own definition, a theoretically illicit appeal to the non-social, in this case, the biological (Durkheim, 1964 ). So structuralism is Durkheimââ¬â¢s basic preoccupation that this account of the dynamics of modernization becomes, effectively, theoretically incoherent, an allegation that could be leveled at neither Marx nor Weber, Eliot nor Leavis. And after Durkheim, even this residual evolutionism disappears from structuralism. Conclusion Structuralismââ¬â¢s anti-historicism directs it to take as given whatever present it might choose to study, in a fashion quite alien both to culturalism and to non-Althusserian Marxism. This positively makes possibly a non-adversarial posture in comparison with contemporary civilization; it does not, however, require it. A stress on structures as deeper levels of realism, inundated beneath, but nonetheless shaping, the realm of the empirically obvious, can very easily permit for a politics of de mystification, in which the structuralism analyst is understood as piercing through to some furtively hidden truth. For so long as this hidden reality is seen as somehow confusing the truth claims of the more apparent realities, then for so long can such a stance remain attuned with an adversarial intellectual politics. Even then all that eventuates is noticeably enfeebled, and fundamentally academic, versions of intellectual extremism, in which the world is not so much changed, as conside red differently. And again, while structuralism is certainly attuned with such radicalism, it does not need it. Hence the rather peculiar way in which the major French structuralism thinkers have proved capable to shift their political opinions, usually from left to right, without any corresponding amendment to their particular theoretical positions. For structuralism, as neither for culturalism nor for Marxism, the nexus between politics and theory appears irreversibly contingent. This permutation of positivism and what we might well term ââ¬Å"synchronismâ⬠with an obligation to the demystification of experiential reality propels the whole structuralism enterprise in a fundamentally theoretic direction. A science of the stasis, marked from birth by an inveterate anti-empiricism, becomes almost inevitably preoccupied with highly abstract theoretical, or formal, models. Hence the near ubiquity of the binary resistance as a typical structuralism trope. Theoretical anti-humanism arises from fundamentally the same source: if neither change nor process nor even the finicky empirical instances are matters of real concern, then the intentions or actions of human subjects, whether individual or collective, can simply be disposed of as extraneous to the structural properties of systems. In this way, structuralism infamously ââ¬Å"decentresâ⬠the subject.
Wednesday, March 18, 2020
Review on Red Dragon essays
Review on Red Dragon essays In the movie Red Dragon, Hannibal Lecter is once again playing the role of a serial killer villain trying to help the F.B.I solve murder investigations. Except, in the opening of this movie it shows Lecter living a normal civilian life watching a musical. I thought the beginning scene when Lecter focuses on one of the musicians and then later eats him, was brilliant. I dont think anyone expected that to be the opening of the movie. I expected him breaking of prison in this movie, but I never expected to see him living a normal life. I was also surprised when Will Graham was stabbed and Lecter was shot. I think the movie would have been more interesting if they showed Lecter getting away and living more of the civilian life. I was surprised that he was jailed so quickly. I thought Red Dragon was very similar to Silence of the Lambs the way the storyline focused on Lecter in prison with him helping the F.B.I, but also helping serial killer Francis Dolarhyde. Francis Dolarhyde, otherwise known as the Tooth Fairy in the movie was the serial killer that the F.B.I was trying to catch with Lecters help. I was expecting much more gory killing scenes in this movie. I was surprised that there were only a few of them. I personally thought that part of it was better than Silence of the Lambs because there wasnt as many killing scenes. The end of the movie was the best part when Will Graham and investigators think the Tooth Fairy was burned to death. Will went back to his life in Florida with his family thinking they are safe now. When his son runs in the house to get something and doesnt come back Will begins to worry. At that moment I thought it was Lecter that was going after Will and his family. I didnt think it was the Tooth Fairy. When it was all figured out I thought there was definitely going to be a gory k...
Sunday, March 1, 2020
Life and Work of Nancy Spero, Feminist Printmaker
Life and Work of Nancy Spero, Feminist Printmaker Nancy Spero (August 24, 1926ââ¬âOctober 18, 2009) was a pioneering feminist artist, best known for her appropriation of images of myth and legend culled from various sources collaged with contemporary images of women. Her work is often presented in an unconventional manner, whether in the form of the codex or applied directly to the wall. This manipulation of form is designed to place her work, which frequently grapples with themes of feminism and violence, in the context of a more established art historical canon. Fast Facts: Nancy Spero Known For: Artist (painter, printmaker)Born: August 24, 1926 in Cleveland, OhioDied: October 18, 2009 in New York City, New YorkEducation: Art Institute of ChicagoSelected Works: War Series, Artaud Paintings, Take No PrisonersNotable Quote: I donââ¬â¢t want my work to be a reaction to what male art might be or what art with a capital A would be. I just want it to be art. Early Life Spero was born in 1926 in Cleveland, Ohio. Her family moved to Chicago when she was a toddler. After graduating from New Trier High School, she attended the Art Institute of Chicago, where she met her future husband, painter Leon Golub, who described his wife as being ââ¬Å"elegantly subversiveâ⬠in art school.à Spero graduated in 1949 and spent the following year in Paris. She and Golub married in 1951. While living and working in Italy from 1956 to 1957, Spero took note of the ancient Etruscan and Roman frescoes, which she would eventually incorporate into her own art. From 1959-1964, Spero and Golub lived in Paris with their three sons (the youngest, Paul, was born in Paris during this time). It was in Paris that she began exhibiting her work. She displayed her work in several shows at Galerie Breteau throughout the 1960s. Art: Style and Themes Nancy Speroââ¬â¢s work is easily recognizable, made by repeatedly hand-printing images in a non narrative sequence, often in codex form. The codex and the scroll are ancient ways of disseminating knowledge; thus, by utilizing the codex in her own work, Spero inserts herself into the larger context of history. The use of the knowledge-bearing codex to display image-based work begs the viewer to make sense of the ââ¬Å"story.â⬠Ultimately, however, Speros art is anti-historical, as the repeated images of women in distress (or in some cases women as protagonist) is meant to paint a picture of the unchanging nature of the female condition as either victim or heroine. An example of Speros Codices. à Aware Women Artists Speros interest in the scroll was also partially derived from her realization that the female figure could not escape the scrutiny of the male gaze. Thus, she began to make works that were so expansive that some pieces could only be seen in peripheral vision. This reasoning also extends to her fresco work, which places her figures in out of reach places on a wall- often very high or hidden by other architectural elements. Spero derived her metal plates, which she used to print the same image over and over again, from images she encountered in her day-to-day, including advertisements, history books, and magazines. She would eventually build up what an assistant called a ââ¬Å"lexiconâ⬠of female images, which she would employ almost as stand-ins for words. The fundamental position of Speroââ¬â¢s work was to recast woman as the protagonist in history, as women ââ¬Å"have been thereâ⬠but ââ¬Å"have been written outâ⬠of history. ââ¬Å"What I try to do,â⬠she said, is pick the ones that have a very powerful vitalityâ⬠in order to force our culture to grow accustomed to seeing women in the role of power and heroism. Speroââ¬â¢s use of the female body, however, does not always seek to represent the female experience. Sometimes, it is ââ¬Å"a symbol of victim of both men and women,â⬠as the female body is often the site of violence. In her series on the Vietnam War, the image of woman is intended to represent the suffering of all people, not merely the ones she chooses to depict. Speros depiction of womankind is a portrait of the universal human condition. Politics As her work no doubt suggests, Spero herself was outspoken about politics, concerned with issues as diverse as the violence suffered in war and the unfair treatment of women in the art world. About her iconic War Series, which used the menacing shape of an American army helicopter as a symbol for the atrocities carried out in Vietnam, Spero said:. ââ¬Å"When we came back from Paris and saw that [the U.S.] had gotten involved in Vietnam, I realized that the United States had lost its aura and its right to claim how pure we were. Bomb Shitting from her War Series. à Museo Reina Sofiaà In addition to her anti-war work, Spero was a member of Art Workers Coalition, Women Artists in Revolution, and the Womenââ¬â¢s Ad Hoc Committee. She was one of the founding members of A.I.R. (Artists-in-Residence) Gallery, a collaborative workspace of female artists in SoHo. She joked that she needed this all-female space as she was overwhelmed at home as the only woman among four men (her husband and three sons). Speros politics were not limited to her art making. She picketed the Vietnam War, as well as the Museum of Modern Art for its poor inclusion of female artists in its collection. Despite her active political participation, however, Spero said: I donââ¬â¢t want my work to be a reaction to what male art might be or what art with a capital A would be. I just want it to be art. Reception and Legacy Nancy Speroââ¬â¢s work was well-regarded in her lifetime. She received a solo show at the Museum of Contemporary Art Los Angeles in 1988 and at the Museum of Modern Art in 1992 and was featured at the Venice Biennale in 2007 with a maypole construction titled Take No Prisoners. Take No Prisoners at the Venice Biennale. à Getty Images Her husband Leon Golub died in 2004. They had been married for 53 years, often working side by side. By the end of her life, Spero was crippled by arthritis, forcing her to work with other artists to produce her prints. However, she welcomed the collaboration, as she liked the way the influence of another hand would change the feel of her prints. Spero died in 2009 at the age of 83, leaving behind a legacy that will continue to influence and inspire artists that come after her. Sources Bird, Jon et al.à Nancy Spero. Phaidon, 1996.Cotter, Holland. Nancy Spero, Artist Of Feminism, Is Dead At 83.à Nytimes.Com, 2018, https://www.nytimes.com/2009/10/20/arts/design/20spero.html. Politics Protest.à Art21, 2018, https://art21.org/read/nancy-spero-politics-and-protest/.à Searle, Adrian. Nancy Speros Death Means The Art World Loses Its Conscience.à The Guardian, 2018, https://www.theguardian.com/artanddesign/2009/oct/20/nancy-spero-artist-death.Sosa, Irene (1993).à Woman as Protagonist: The Art of Nancy Spero. [video] Available at: https://vimeo.com/240664739. (2012).
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