The Impact Of Public Opinion On U.S. Foreign Policy Since...

Since the Vietnam War, the publics opinion has played major roles in how policymakers operate. Their opinions may not always support to choices which are best for the country, however they are still factored into the decision making. Richard Sobel discusses several cases on how the publics attitudes have affected policymakers decisions in his book, The Impact of Public Opinion on U.S. Foreign Policy Since Vietnam. During the Persian Gulf War, public opinion ultimately shaped policy. How the policy was attained, not the goals of the policy were shaped by the public opinion. The Persian Gulf War would be the largest use of the U.S. military since Vietnam, thus causing the Bush administration to consider how the public would react†¦show more content†¦President Bushs implementation of the invasion increased his approval rating from 60 percent to 76 percent in just one month. By November, the majority of the American people, 70 percent felt that the US should wait before going to war. On October 20, President Bush stated his 1988 campaign pledge, no new taxes. People were no longer interested in the Gulf a few months after Bushs speech, but were becoming more interested in domestic policy. The American public was not very supportive of the war near the end, but Bush continued on with it. He had to reassure people that it wouldnt be Vietnam. The Bush administration stated that the reason for fighting the war was the need for a New World Order in the aftermath of the Cold war. The U.S. wanted to get rid of Iraqs nuclear capabilities. The media played a major role in the unfolding of the Persian Gulf War. The media didnt give much attention to the negative parts of the war, such as the protests, and praised the military. During all three of the benchmarks in the Persian Gulf War, public opinion was very influential. The first benchmark was President Bushs decision to send troops to the Gulf in Operation Desert Shield. This was the beginning of a rapid increase in interest by the American people. Secretary of State, James Baker III made statementsShow MoreRelatedU.s. Foreign Policy Policies Essay1312 Words   |  6 PagesAmerican foreign policy relates to what is done in foreign countries by the United States of America. The foreign policies include controlling of the governments of foreign countries or setting some rules in those countries. The foreign policy of America has always been changing all through the US existence. The changes have stemmed from the dynamics of exogenous and substantial influences of watershed up to the international system and also the effects and changes of endogenous inside the governmentRead MoreAmerican Foreign Policy During The United States Essay1315 Words   |  6 PagesAmerican Foreign Policy American foreign policy relates to what is done in foreign countries by the United States of America. The foreign policies include controlling of the governments of foreign countries or setting some rules in those countries. The foreign policy of America has always been changing all through the US existence. The changes have stemmed from the dynamics of exogenous and substantial influences of watershed up to the international system and also the effects and changes of endogenousRead MorePublic Sentiment Regarding the Vietnam War1111 Words   |  5 Pagesattribute it to the growing number of antiwar constituents, while other scholars such as E.M. Schreiber, Burstein and Freudenburg cite the numerous deaths of American soldiers in combat. One democrat by the name of Eugene McCarthy labeled the entire Vietnam War as an â€Å"error† and describes the Johnson administration as â€Å"misguided.† McCarthy decides to run for President, but loses in the primaries by a slim m argin to Johnson, further indicating that the antiwar movement was gaining significant momentumRead MoreThe Impact Of Exceptionalism On The United States944 Words   |  4 PagesHolsti, 2010). The current U.S. President Obama also stresses a similar point by stating that â€Å"I believe in American exceptionalism, just as I suspect that the Brits believe in British exceptionalism and the Greeks believe in Greek exceptionalism† (Obama, cited in Ceaser, 2012, p.4). However, exceptionalism purposed by the U.S. is different from those of other countries. Firstly, although each countries believe in their own uniqueness (Hoffmann, 2005), no country but the U.S. claims and attempts toRead MoreThe Media and the Military in the Vietnam War1593 Words   |  6 PagesThe media and Military The War in Vietnam was the first real â€Å"television† war, meaning it was the first conflict where the U.S. military found itself attempting to control a media which was not fully supportive of the country’s involvement. (79) It was also the first â€Å"open† conflict where the media was deployed in force without restriction. (79) The media saw a need to cater to those who opposed the war for the first time. 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The consequence is that: two symbolic buildings of the US, the Pentagon and the World Trade Centre, were collapsed along with a huge amount of dead people. This particular incident has ringed the bell of the drawbacks of the US’s policies on its militarily activities. ThereRead MoreConsequences Of The Vitamin War Essay2198 Words   |  9 PagesVitamin War In 939, Vietnam gained independence from China. An invasion was attempted in 1279 but failed. Success came in 1407 for China, but the reinvasion was short-lived mainly due to the powerful Vietnam army of the time. In 1620, Vietnam was divided. Nguyen in the south and Trinh in the north. Stability remained in Vietnam until the French invaded the country in 1858. The French established a protectorate of China in 1862.2 The French were able to merge Cambodia and Vietnam in 1887 which formedRead MoreThe Investigation, Examining The Situation Of The Vietnam1772 Words   |  8 Pagessituation of the Vietnam War during Nixon’s presidency, that is the public’s opinions toward the war and Nixon’s attempts at addressing those opinions while limiting the influence of Communism in Vietnam, will answer the question: To what extent could Nixon have appeased the Peace movement while avoiding the fall of South Vietnam through the implementation of Vietnamization? The sourc es that will be evaluated are a history of the Vietnam War, which presents a comprehensive analysis on U.S interventionRead MoreEssay about Effects Aftermath of the Vietnam War 1562 Words   |  7 PagesThe Vietnam War was the first major war American’s had suffered defeat. The Vietnam war was a war of confusion, competition and biasness. The outcome of the war was far greater than an upset American nation, but a severe breakdown of the Vietnamese culture, economy, environment and government. It also had a tremendous impact on American society even up to present day. It was unclear from the beginning of the war if the American’s should even be involved. It was a war between Northern and Southern

Private Pilot! Essay examples - 779 Words

After 6 months of flying, I was ready for the check-ride. Ive been ready since before Christmas, having completed my training on the 23rd. I scheduled my check-ride on the 28th. That day was quite interesting. I went to the flight school to check everything over with Josh and make sure I was ready. Then we called the examiner to schedule the check-ride. It was about 5pm, and Josh made the call, which was very fortunate for me as it interrupted the examiners dinner. He said to have me to call him later and we would get things squared away. I talked through the paperwork and got a few pointers from some people at the flight school. I got a lot of really good information like where I will most likely be planning to fly and†¦show more content†¦I was planning the flight to Murfreesboro, KMBT. It was an easy enough flight to plan considering I had already done a flight out that way. I even managed to include a little VOR navigation since the Hinch Mountain VOR is along the way. Even though it has been out of service a lot, I felt it couldnt hurt to include it. I did all the requisite calculations since the examiner had given me mock weather. I also planned on waiting until the night before to check the real weather and do real calculations. In the mean time, I did the paperwork and hammered at the little oral exam prep book I had purchased. By Wednesday, I had filled out the IACRA paper work about four times; it is a good idea in theory, but leaves a little to be desired in practice. After ironing out all the details, I was ready to go. Unfortunately, I hadnt considered that the flight school would close on New Years Day which led to a bit of a shock when I got the email about the closure. I immediately called to make sure I was still good to go. As it turns out, the examiner has a key so it wasnt a problem (though it almost became one, more on this later). I studied like crazy for the days running up to the check-ride. I read everything I could find about check-rides on the internet. I studied every little scrap of paper from my training. I carried all that stuff with me everywhere I went. It was pretty easy to manage with the flight bag I have, butShow MoreRelatedCritique Of Aristotle s Poetics1961 Words   |  8 Pageslost his job as Sheriff decides to stay in town and make a living as a private investigator. Veronica works closely with Keith on many cases and even takes point on several of the local, less intensive jobs that come into the Mars Investigations office. Veronica earns a reputation around school for being a super sleuth and ends up solving many of the injustices and mysteries that occur in the high school. 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Evaluation of a Public Australian Company-Free-Sample for Students

Question: Prepare a critical evaluation of a public Australian company DICKSMITH that has suffered from a severe financial crisis or become insolvent at some time over the past 10-15 years. Answer: Introduction of Dick Smith In the year 1968 Dick Smith started a small business in Sydney for installing car radios with an initial invested capital of $610. The business grew exponentially and by the end of 1980 , Entrepreneur Dick Smith had about 20 stores. These stores expended their product range to include many items such as electronics goods and kits. In the year 1980, one of Australias largest company Woolworths decided to acquire a 60% stake in the Dick Smith operated stores. Two years later Dick Smith personally exited the business by selling the remaining stocks to Woolworth for about $ 25 million. In the Fiscal year 2012 the company announced restructuring of the Dick smith business and decided to close approximately 100 stores. Finally, Anchorage capital paid approximately $115 million to Woolworth to acquire the Dick smith business. Anchorage paid $20 million as an upfront pay of the $115 million. In about a years time by December 2013 the anchorage capital decided to float the Dick Smith business in the ASX. The market valuation of the business was estimated to be $520 million at that time. However, within two years time (November 2015) the business was seen experiencing dwindling sales figures and cash flows and decided to write down 1/5th of the stock amounting to over $60mn. Stock prices of the company declined over 80% in December 2015 and the company decided to undertake a massive stock clearance sale in December 2015. In the month of January, the company was pressed into voluntary administration. At that time the company was operating a total of 393 stores of which nearly 353 stores were designated as Dick Smith stores. Literature Review Dick Smith started the business on the basis of a hobby electronic store which can do individual things and charge different prices. The initial model was to service individual customers and not sell standard electronic equipment because the business was based on a large-scale capital. The business grew and made profits because of its uniqueness of serving customers unique needs. thats how it succeeded in bring the consumers. But once the company was taken over by the Woolworths hey greatly modified the business model to expand the business further alienating the personal touch. However, the Dick smith store never did good business under Woolworths supervision and the company divested the division because it was very unlike the Woolworth business(Belverd E. Needles, 2012, 11TH EDITION). The business of Dick Smith grew under Anchorage initially but were greatly burdened by increasing debts and finance costs. The Company (Dick Smith) that was acquired by Anchorage was for finding the most opportune time to offload the same and make profit. With that view Anchorages nominees ran the company but did not proceed to change the firms capital structure form a predominantly debt oriented structure. The debts kept on increasing. The level of debt in the capital structure in 2013 was 55% and the same increased to 63% in 2014 and 67% in 2015(Dick Smith annual report, 2015). Equity was divested to accommodate more debts because the cash flows generated were less than adequate to run the firm. Increasingly the firms operations were run through using more of the short and long-term debts. in the early parts of 2015 the debt -equity ratio reached 2:1, and this is when the management found it really difficult to manage the business as it became almost impossible to get more debt financing. Current liabilities could not be serviced as per schedule of the inability to get more debts. Two bankers of the co mpany (one being HSBC) declined to lend more and decided to wait until the last quarter of 2015 for the firms management to take steps to increase cash flows and failing which new credit lines were completely stopped by December 2015. At that time the acid test ratio of the company was only .3 which showed how dismal the cash flows of the firm were(Carl S Warren, 2011). In 2012, Anchorage capital paid $115 to acquire Dick Smith business form Woolworth and decided to list the stocks in the ASX. The stock of Dick smith started impressively at $1.9 per share as the company was packaged impressively. It traded at the same value of a year before reaching $2.14. it reached a high of $ 2.2 in the month of January 2015. However soon after trouble started to take uncontrollable proportions and stock prices crashed. In September 2015, the stock was trading for about $.59 when the cash flows became untenable for the company management and inventory was written down by over $60 million. Soon the companys stock fell over to reach a lowly $.35 in January 2016 and ASX decided to halt trading of the stock in the same month(Tony Boyd , 2016). One of the immediate causes of failure of the Dick smith business was the inadequate cash flows generated in 2105 operations. The cash flows suddenly started to dry up in 2015 after impressive shows in the previous two years. while the company had a net cash flow form Operation amounting to $117,621,000 in 2013, the same declined by over 50% to $52,177,000 in 2014 and suddenly turned negative at ($3,940,000) in the fiscal year 2015. While the net cash provided from operations were much larger in 2013 and 2014 the cash flows from operations suddenly became negative in 2105. One of the reason is the sudden increase in the amount of taxes paid and the other is significant increases in payments made to suppliers etc. Simply said the company was not generating enough cash to run the business. Also, the fianc costs became larger in both 2014 and 2015(Dick Smith annual report, 2015). The problems of Dick smith operations initially began as a far as November 2015 as the company intended to write down more than $60 of inventory form the books and the market showed a knee jerk reaction as share prices tumbled. Because the firm was only less than 3 years old and not large by any means the stock write down was seen as fishy. Because of this investor confidence in the management of the firm tanked and resulted in more than 80% devaluation of the forms shares. However, after a lot of investigation it was revealed that the Anchorage Capital which brought the dick smith stores form Woolworth cooked up the books in 2012 itself. In the books of Woolworth the Dick smith inventory was shown at a market valuation of $246 million but after take over the same was valued at $371 million (presumably at market price) and the same stood at $58million higher. However, anchorage valued the stocks at $312 million on listing and the same amounted to overvaluing the stocks by $66 million over what was valued by Woolworth(BAKER CORTRELL, 2011). The book was also cooked up by Anchorage while reporting the value of the plant and equipment. While the Woolworth financial statements showed the plant and equipment at $51mn , the same was revalued by Anchorage at $65 million- thereby increasing values by over $14 million. Deloitte Sydney was the lead auditor for both Woolworth and Anchorage and it appeared prima facie that the book of anchorage was cooked up to show approximately $80mn value in excess of what should have been reported. The transactions remained in the books prior to the companys listing in ASX and is being seen as an attempt by Anchorage to boost the listing price of the stock and the same mistakes were allowed to remain in the book till the inventory was decided to be written off in November 2015(Carl S. Warren, 2012). Prior to its listing the Dick Smiths business was growing, demand was steady and Expansion plans were in place. the failure of the frim occurred in an environment when the firm was growing sizably because of bad planning and massive failure in sourcing inventory at reasonable prices. The environment in the beginning of 2013 was such that the companys management was looking for expanding rapidly even if the cost of expansion was too high and management was thinking in the line of revenue growth and enough profitability to cover the higher costs. however the expansion was rapid and unplanned/unchecked and performance suffered because the profit margin could not be maintained. The management could not plan for a business model which sustains itself and that would eventually turn the business into believing that it can avail more debts to tide over tight situations and payoff when the situation is corrected. Whole of the companys available surpluses of 21012-2014 was used to fund the expansion and debts increased manifold. However the problem that caused major changes in the cash flows was the very fact that the companys management had already bought too much stocks which were bad and customer preferences lied somewhere else and these stocks were procured at much higher prices which resulted in the eventual write down of $60mn in 2015. By the end of 2015 the company went for a clearance sale to free the stores of such items but unfortunately by then the companys stores would have been set in motion strong sales and better margins. As sales declined and cash was not available for payment the management did not have any option but to declare closure. The Dick Smith Business in the mid of 2103 was having a very good sales growth and offered big profits. However, it had actually very little inventory. Thus, Anchorage tried to sell the company before it is too late. 80% of the stocks were sold in its ASX listing which valued the company at $520mn. Comparing the same with what anchorage paid for its made little sense(Carl S Warren, 2011). Anchorage capital actually paid only $20 million to Woolworth at the time of its acquisition and promised to pay the balance of $95mn in a years time. It sold the company to the public by listing the company for $520 million and made huge amount of profit. The venture capital firm also sold the balance 20% of the stocks 10 months after 10 months of the initial listing. When Dick smith went into administration the company was actually worth less than 15% of the market valuation when the company was first listed(Elliott Elliott, 2017). The situation was not funny for any of the 3300 employees of the company. It was their personal disaster. They were suddenly been jobless and must have felt sorry the way the companys affairs were being handled by the management of the company led by Nick Abboud. The employees lost their livelihood and all the companies local suppliers lost a big client. Many jobs would also have been lost at the suppliers end and the same is unreported. Distribution chain jobs were also affected. The gift cards which were issued by the company prior to going into liquidation proceedings suddenly became worthless in the market. Families of the employees which in the base of their jobs have already taken home mortgages were probably hounded by the mortgage banks for recovery. There were widespread fear among shareholders of the company , many of them became depressed and lost millions of their savings and hard earned life earnings(Weiss, 2014). Conclusion Dick Smiths management were grossly negligent in not scouring for a permanent solution to the liquidity inadequacy and firm increasing costs. The Current liabilities Owings to suppliers and wages etc) were difficult to be paid and the management went for more loans from lenders to fill the gap. As the level of stocks dropped and the company did not have enough cash to procure more stocks unless it paid the suppliers in time- the management faced a do or die situation which they failed. The company might have been saved if the wrong doings in evaluating the inventory would have been rectified years ago and thus the company would have been in a better position ( as it would have been less valued and better managed because lack of stocks would have led to lesser debts and lending by banks in the first place. Bibliography BAKER, R., CORTRELL, D. (2011). ADVANCED FINANCIAL ACCOUNTING ,10TH ED. CHICAGO: MCGRAWHILL IRWIN. BARTHOLOMEUSZ, S. (2016). Lessons from Dick Smiths breathtaking implosion. Melbourne: https://www.theaustralian.com.au/business/opinion/stephen-bartholomeusz/lessons-from-dick-smiths-breathtaking-implosion/news-story/b16c95af482bf32b0aee8098a86ae34e. Belverd E. Needles. (2012, 11TH EDITION). PRINCIPLES OF ACCOUNTING. CHICAGO: CENGAGE BRAIN. Brearly , Myers Allen. (2012). Corporate finance (9th ed.). Chicago: McGraw Hill Irwin. Carl S Warren. (2011). principles of corporate financial accounting . NEWYORK: mCGRAWHILL/IRWIN. Carl S. Warren. (2012). Corporate Financial Accounting (12edition ed.). South Western cengage publishing . Chung, F. (2016). McGrathNicol releases Dick Smith report. https://www.news.com.au/finance/business/retail. Damodaran, A. (2012). APPLIED CORPORATE FINANCE (FOURTH EDITION ed.). Chicago: Wiley Publishers. Dick Smith annual report. (2015). Annual Reprot 2015. Dick Smith. Elliott, B., Elliott, J. (2017). Financial Accounting and Reporting (18th ed.). Harlow: Pearson Educaitonal Publishers . Eugene Brigham Michael Ehrhardt. (2010). corporate finance (13th ed ed.). Chicago: Mcgrawhill Irwin. Schill, R. B. (2015). Cases in finance (6th ed.). NewYork : McgrawHill educaiton . Tony Boyd . (2016). Dick Smith collapse a case study in electronics retailing. Sydney : Afr.com. Watson, D. a. (2012). Corporate Finance Principles and Practice. (6th ed.). Harlow: Pearson Publishers . Weiss, J. W. (2014). BUSINESS ETHICS:A Stakeholder and Issues and Management Approach (6th ed.). SanFransisco: Berrett-Koehler Publishers, Inc. Young, D., Sherman, H. D. (2016, July-august). Where Financial Reporting Still Falls Short. Harvard Business Review , pp. 66-84.

Online Hotel Reservation free essay sample

-According to Mrs. Michelle Amir,co-fouder and CEO,says:,†I am proud to say that by the third quarter 2008 we will have succeeded in our goal to become a global hotel booking agency. During three consecutive years our company results have shown a tremendous annual increase of much more than 100 %. Over 2007 we boasted gross sales of over 36 million. We expect to reach 75 million in hotel reservation in 2008. The first quarter in 20087 looks promising. With over 13 million gross sales we start the year ahead of budget. We achieved this with a mere three destinations. Therefore,with so many more destinations,we expect our results to continue to increase significantly. We also expect many more repeat visitors and actual bookers due to the added cities. † -Callista Hospitality is a reservations and management system for motels, lodges and small to mid-sized hotels. It incorporates powerful, easy-to-use features which are normally available only in high-end, expensive reservations software systems. We will write a custom essay sample on Online Hotel Reservation or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Electronic reservations, easy checkin/out, automatic management of online reservations and all changes in room availability, integrated and automatic guest call logging and allocation with user-defined margins per call type, multiple accounts per guest room, automatic confirmation emailing, user-defined in-house charge allocation, on/off peak calendar, complete guest history, integrated guest billing and automatic scheduled reporting for management, statistical analysis, financial analysis and operations and much more are all available in this innovative, inexpensive, easy-to-use system. A fully automated checkin wizard makes checkin fast and efficient even for the most novice user. The online hotel reservation is the only growing section between the different methods of reservation. The 40% of rooms in cities were reserved online in 2009 and this rate is increasing because there is more and more online reservation system. Online reservation systems are very useful because the traveller can compare prices, can see the other travellers opinions and ratings from the hotels and their services. In this way it is easier for the client to choose the right hotel. It saves time and money for travellers.