The Grey Line Criminals Or Heros - 767 Words

Noah Leibsker English 100 Mr. Rangno November 11 2014 The Grey Line:Criminals or heros? The Black Panther party was a revolutionary black nationalist and socialist organization active in the United States from 1966 until 1982. Although they were many times only seen as a gang or criminal group they have proven to be much more than that. The Panthers operated schools, opened medical clinics, and instituted a variety of other social programs, perhaps most extensively the free breakfast for children program in which they provided free food to kids in ghetto neighborhoods. The organization got its start out of necessity by trying to defend the community against long standing and racially motivated police brutality, a noble and just cause, and government repression contributed to its growth and expansion with every panther killing or arrest. The aggressive stance of the party and liberal use of weapons and violence, as well as their clear racial motivations, scared a lot of a predominantly white America.The government took steps to neutralize what the FBI called black natio nalist hate groups and other dissident groups. FBI Director J. Edgar Hoover described the Black Panthers as the greatest threat to the internal security of the country.† Many believe their public image as thugs was unfairly given to them by the largely racist public of the 1960s that had not yet gone through the civil rights movement. A former leader of the party recently spoke out against this publicShow MoreRelatedTruman Capote s The Cold Blood1705 Words   |  7 Pagesstructure of the novel, in bringing back the dead (the Clutters), in presenting extensive fictitious conversations, and in romanticizing certain characters. â€Å"In Cold Blood† eventually cannot be qualified as a true account; Capote’s blurring of the line between fiction and non-fiction shape the work in a more fictitious way than not. First of all, it is clear that novel has a very unusual structure that differs greatly from journalism and that brings the novel closer to a piece of fictionRead MoreHow Batman Has Changed over the Past 70 Years3037 Words   |  12 PagesHow has the Dc Comics superhero Batman changed over the past 70 years? How has design influenced the development of the various costumes for the character and how are Batman films reflecting darker forces within US Society? From Comic book Hero to national icon. Introduction In this dissertation I will discuss how DC Comics have developed and improved the design of their comic books since their establishment in 1937. I will compare comics from past and present and talk about the different stylesRead MorePsychological Analysis of Breaking Bad1755 Words   |  7 Pages Breaking Bad Watching the Breaking Bad series helped me understand how ones superego can deteriorate into their id following Freud’s psychoanalytic theory. Walter White, the anti hero, takes us on a journey which vividly illustrates Freud’s thesis. From watching the series and reading critiques on the Freudian aspect, I will develop my own report on: â€Å"How ones selfishness takes over causing them to be driven by their id† ~ Focusing on Walter White from Breaking Bad The balanceRead MoreThe Witness Protection Program and Abandoning Mafioso Lifestyle2212 Words   |  9 Pagesway of life. Now that you are leaving the Program and embarking upon a professional life on the right side of the law, you have a new dilemma: how to make a living in an honest fashion. Ever since you were fourteen, your life has revolved around criminal enterprises. You are likely thinking: what skills and qualities do I have that will translate into occupations other than the dirty business of stealing and cheating? Although your old life contains many memories you may wish to forget, you mustRead MoreThe Great Gatsby By F. Scott Fitzgerald3918 Words   |  16 Pagesthings up and then retreats behind her money. Despite Daisy having a husband, Gatsby dedicated himself to winning Daisy back, making her the single goal of all of his dreams and the main motivation behind his acquisition of immense wealth through criminal activity. To Gatsby, Daisy represents the paragon of perfection—she has the aura of charm, wealth, sophistication, grace, and aristocracy that he longed for as a child in North Dakota and that first attracted him to her. In reality, however, DaisyRead MoreVictims and Villains in The Speckled Band, The Cardboard Box, and The Red Headed League2422 Words   |  10 Pagesvillains. It also shows this as there is always a crime that Sherlock Holmes solves, by his intelligence. The intended audience of the stories, I think is for adults, even though there maybe some younger readers, but they may not understand the story line. There are lots of stories within the collection of Sherlock Holmes. These include The Speckled Band, The Cardboard Box, and The Red Headed League. Other stories within the collection are, ‘The Man With The Twisted Lip’, this story, is set in theRead MoreThe Death Of A Costumed Adventurer2319 Words   |  10 Pagescostumed adventurer often leads audiences to contemplate the significance of it. It is a prevalent issue in which these characters appear to sacrifice their lives for the possibility of a greater good. In Alan Moore and Dave Gibbons’ Watchmen, masked hero are subjected towards death due to their actions and the actions of others. Whether it is the actions of a friend, stranger, or foe, the untimely deaths of Rorschach, Nite Owl I, and The Comedian proves a costumed adventurer’s death leads to the lossRead MoreThe American Cowboy2811 Words   |  12 Pagestrail experience the two had great success. In 1866 they set out with two thousand cattle from Belknap, Texas to Fort Sumner on what would later be known as the Goodnight-Loving trail. Goodnight and Loving used the trail in 1866 and 1867 but stage lines, emigrants, and drovers made frequent use of the trail until almost 1900. Charles Goodnight ran the Ja Cattle Ranch after his herding days. The ranch was very successful and at one point contained more than 10,000 cattle. Goodnight was a good manRead MoreIndependent Film Industries Reinforce The Global Construction Of The Hybrid Genre3665 Words   |  15 Pagesindependent examples this could be true as films examine the societys criminal underground and question the law system. Within the gangster genre traditional dominant ideologies are subverted; the films hero is societys villain and the bourgeoisie are revealed, as the corrupt megalomaniacs Marxists want them to be, Harvey Keitel in Copland for instance. Yet, the examination goes further as the criminal heroes are still punished. Furthermore, the corruption, by beingRead More Mikhail Bulgakov’s novel The Master and Margarita Essay2327 Words   |  10 Pagesindividual non-conformists who are Bulgakov’s heroes, those who rebel – whether against God or man† (270). It is understandable that Bulgakov, having written this work in an oppressive surrounding that limited what he could and could not write, creates a hero who is in fact a rebel and other characters that are rebellious against those who stifle artistic freedom. In Vladimir Tumanov’s essay, Diabolus ex Machina: Bulgakov’s Modernist Devil, the author writes, â€Å"In this respect the modernist qualities of

Technology, a Tool for Liberation or Enslavement

In this day and age technology is an everyday aspect of most people’s lives, which many people view this as a great thing, but little do they know that the technology that they cherish so much can and in many cases is being used to control their lives. What people do not know is that the government is able to use the information they collect in any way they choose without any knowledge, with this power, comes a great responsibility. Foreign governments have tighter grasp on their country’s internet usage which some may see as an irresponsible use of this responsibility, which in turn enslaves their people by cutting them off from the outside world. The media also plays a large role in controlling what information reaches the public. This practice is harmful to the intellectual integrity of society as a whole, since the media focuses more on celebrities than they do on important issues. Overall, the creation of newer and better technology has helped society, but how long will it be until it can be used as a weapon to spy on citizens worldwide? Globally, many country’s governments are taking the initial steps towards controlling most, if not all, information possessed by the citizens. By allowing the government to control the citizen’s access to information, society is allowing itself to be controlled. The use of technology and different monitoring systems is a controversial topic, and in many cases giving the government too much power can have more negatives than positives,Show MoreRelatedLiberation, Rebellion, and Relevance2471 Words   |  10 PagesLiberation, Rebellion and Relevance In â€Å"The Rebel an essay on man in revolt,† Albert Camus (1956) muses on the absurd origins of rebellion and art and their significance to the individual and society. While reading Camus I began to think about how important art really is and how appalling some of the trends in education and arts funding apparently are. This is what inspired me to write this paper but my intention is not to directly address any of the many and various issues concerning arts educationRead More Personal Freedom and Independence: The Works of Benjamin Franklin and Henry David Thoreau1793 Words   |  8 Pagesof such prominent philosophers, writers, political and social activists as Benjamin Franklin and Henry David Thoreau in developing American statehood is tremendous. The literary works of both men can serve as a manifesto of national and personal liberation, a call for building a better society, where each citizen can live and work freely. Indeed, both Henry Thoreau and Benjamin Franklin e mphasize the independence and freedom of an individual, but they do so in significantly different ways. These differencesRead More Herbert Marcuse’s An Essay on Liberation3414 Words   |  14 PagesHerbert Marcuse’s An Essay on Liberation We know that the economic evolution of the contemporary world refutes a certain number of the postulates of Marx. If the revolution is to occur at the end of two parallel movements, the unlimited shrinking of capital and the unlimited expansion of the proletariat, it will not occur or ought not to have occurred. Capital and proletariat have both been equally unfaithful to Marx. - Albert Camus, 1953 The validity of Marxist political theory hasRead More12 Essential Characteristics of an Entrepreneur4440 Words   |  18 Pagesin better shape then they were before encountering them, and improving upon situations rather than leaving them unattended. While a sense of ownership makes for a stellar employee, the entrepreneur knows that the goal is not to be owned by the enslavement of too much responsibility. Rather than controlling situations in an attempt to possess them, the entrepreneur teaches other people how to take charge. In that way the clever entrepreneur uses individual accountability in the ultimate pursuit ofRead MoreNstp Handouts13038 Words   |  53 PagesNow is not time to blame those who came before us, but now is certainly the time to let the tides of positive change transform this nation and uphold what most of us consider as undoubtedly true, good, lasting and supports life. Our Trade tools: Benildean Core Values -â€Å"Creative Christian Builders† 1. deeply rooted in faith – ever conscious of God’s presence steeped in Christian values, ethics and morals; 2. appreciative of individual uniqueness – that of one’s own and that of one’sRead MoreCalculus Oaper13589 Words   |  55 Pageshave taken the pains to acknowledge the societal forces that wrench women s emotional and erotic energies away from themselves and other women and from woman- identified values. These forces, as I shall try to show, range from literal physical enslavement to the disguising and distorting of possible options. I do not, myself, assume that mothering-by-women is a sufficient cause of lesbian existence. But the issue of mothering-by-women has been much in the air of late, usually accompanied byRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 Pagesthe Soviet and U.S. superpowers on their periphery and a second round of even more devastating global conflict. The bifurcated international system that resulted from the cold war standoff extended the retreat of globalization, but nurtured the liberation of most of humanity from colonial rule. The collapse of the Soviet empire, and the freeing of its satellite states across Eastern Europe beginning in the late 1980s, marked another major watershed that further problematizes uncritical acceptanceRead MoreRastafarian79520 Words   |  319 Pagesyears of the twentieth century Rastafari was the most dominant force inï ¬â€šuencing the development of popular culture in Jamaica. Conclusion One of Webers enduring contributions to the study of sociology is his development and use of ideal types as tools to be employed in the quest for the interpretive understanding of social phenomena. Charisma and routinization are two types that have signiï ¬ cant heuristic value. Despite the various criticisms of Webers theory, charisma as a concept does identify

Short Story - 808 Words

â€Å"Morning,† Alice sings as she walks through the front door. I remain seated on the sofa, glaring at the TV. â€Å"Whats wrong?† she asks. The sofa announces her presence as she sits beside me, however, I continue to ignore her. â€Å"Okay, youre mad at me, but why?† â€Å"Because of your secrecy!† I spit, still with my eyes glued to the screen. â€Å"What – I – but—† she flusters, gaining my attention. A little smirk rests on my lips as I watch her wriggle. She throws her hands in the air. â€Å"What do you want from me?† â€Å"Id want the truth, Alice. Why wont you tell me who youre dating?† She opens her mouth to speak, only to close it again. The frustration in her face settles as she gazes down to her hands that are playing with the ends of her hair. â€Å"Its†¦show more content†¦The woman tightens her grip around the tissue, lowering her gaze as she delivers the unwanted message. â€Å"We received a phone call this morning from Mrs Myrtle. My father and a few of their friends meet at the cafe for breakfast every Sunday, and she was worried when he didnt arrive, so they called me and my husband to come and check on him.† Her voice catches in her throat, causing her to pause as she regains her composure. â€Å"When we arrived, we found him sleeping in his chair with the letter in his hand.† A fresh set of tears run down her cheeks. My body sways, forcing me to reach out to the nearest stool. Please, no more, I cant hear anymore, I silently plead with her. â€Å"I knew he was dead before I reached out to touch his skin.† She raises the tissue to cover her eyes as she sobs. Alice embraces her, allowing the woman to rest her head on her shoulder. I watch as her shoulders heave up and down with her sobs. I bring the envelope to my chest as I allow the first set of tears to release. He thanked me for helping him sleep, he knew he was to draw his last breath. â€Å"Im sorry, I have to go.† The womans voice is but a mere whisper. By the time I raise my head to thank her for bringing the letter to me, Alice is already closing the door. She eases herself into the stool beside me. â€Å"Im not trying to be insensitive here, but Im a little confused.† With the letter still in my hands, I rest them on the bar before I retell theShow MoreRelatedshort story1018 Words   |  5 Pagesï » ¿Short Stories:  Ã‚  Characteristics †¢Short  - Can usually be read in one sitting. †¢Concise:  Ã‚  Information offered in the story is relevant to the tale being told.  Ã‚  This is unlike a novel, where the story can diverge from the main plot †¢Usually tries to leave behind a  single impression  or effect.  Ã‚  Usually, though not always built around one character, place, idea, or act. †¢Because they are concise, writers depend on the reader bringing  personal experiences  and  prior knowledge  to the story. Four MajorRead MoreThe Short Stories Ideas For Writing A Short Story Essay1097 Words   |  5 Pageswriting a short story. Many a time, writers run out of these short story ideas upon exhausting their sources of short story ideas. If you are one of these writers, who have run out of short story ideas, and the deadline you have for coming up with a short story is running out, the short story writing prompts below will surely help you. Additionally, if you are being tormented by the blank Microsoft Word document staring at you because you are not able to come up with the best short story idea, youRead MoreShort Story1804 Words   |  8 PagesShort story: Definition and History. A  short story  like any other term does not have only one definition, it has many definitions, but all of them are similar in a general idea. According to The World Book Encyclopedia (1994, Vol. 12, L-354), â€Å"the short story is a short work of fiction that usually centers around a single incident. Because of its shorter length, the characters and situations are fewer and less complicated than those of a novel.† In the Cambridge Advanced Learner’s DictionaryRead MoreShort Stories648 Words   |  3 Pageswhat the title to the short story is. The short story theme I am going conduct on is â€Å"The Secret Life of Walter Mitty’ by James Thurber (1973). In this short story the literary elements being used is plot and symbols and the theme being full of distractions and disruption. The narrator is giving a third person point of view in sharing the thoughts of the characters. Walter Mitty the daydreamer is very humorous in the different plots of his dr ifting off. In the start of the story the plot, symbols,Read MoreShort Stories1125 Words   |  5 PagesThe themes of short stories are often relevant to real life? To what extent do you agree with this view? In the short stories â€Å"Miss Brill† and â€Å"Frau Brechenmacher attends a wedding† written by Katherine Mansfield, the themes which are relevant to real life in Miss Brill are isolation and appearance versus reality. Likewise Frau Brechenmacher suffers through isolation throughout the story and also male dominance is one of the major themes that are highlighted in the story. These themes areRead MoreShort Story and People1473 Words   |  6 Pagesï » ¿Title: Story Of An Hour Author: Kate Chopin I. On The Elements / Literary Concepts The short story Story Of An Hour is all about the series of emotions that the protagonist, Mrs. Mallard showed to the readers. With the kind of plot of this short story, it actually refers to the moments that Mrs. Mallard knew that all this time, her husband was alive. For the symbol, I like the title of this short story because it actually symbolizes the time where Mrs. Mallard died with joy. And with thatRead MoreShort Story Essay1294 Words   |  6 PagesA short story concentrates on creating a single dynamic effect and is limited in character and situation. It is a language of maximum yet economical effect. Every word must do a job, sometimes several jobs. Short stories are filled with numerous language and sound devices. These language and sound devices create a stronger image of the scenario or the characters within the text, which contribute to the overall pre-designed effect.As it is shown in the metaphor lipstick bleeding gently in CinnamonRead MoreGothic Short Story1447 W ords   |  6 Pages The End. In the short story, â€Å"Emma Barrett,† the reader follows a search party group searching for a missing girl named Emma deep in a forest in Oregon. The story follows through first person narration by a group member named Holden. This story would be considered a gothic short story because of its use of setting, theme, symbolism, and literary devices used to portray the horror of a missing six-year-old girl. Plot is the literal chronological development of the story, the sequence of eventsRead MoreRacism in the Short Stories1837 Words   |  7 PagesOften we read stories that tell stories of mixing the grouping may not always be what is legal or what people consider moral at the time. The things that you can learn from someone who is not like you is amazing if people took the time to consider this before judging someone the world as we know it would be a completely different place. The notion to overlook someone because they are not the same race, gender, creed, religion seems to be the way of the world for a long time. Racism is so prevalentRead MoreThe Idol Short Story1728 Words   |  7 PagesThe short stories â€Å"The Idol† by Adolfo Bioy Casares and â€Å"Axolotl† by Julio Cortà ¡zar address the notion of obsession, and the resulting harm that can come from it. Like all addictions, obsession makes one feel overwhelmed, as a single thought comes to continuously intr uding our mind, causing the individual to not be able to ignore these thoughts. In â€Å"Axolotl†, the narrator is drawn upon the axolotls at the Jardin des Plantes aquarium and his fascination towards the axolotls becomes an obsession. In

The Revolution Of Sentiments And The American Revolution

A Revolution of Sentiments The American Revolution was more of an accelerated evolution than a revolution. However, the exodus of some 80,000 Loyalists left a great lack of conservatives. This weakening of the aristocratic â€Å"upper crust† let Patriot elites emerge. The fight for separation of church and state resulted in notable gains. The Congregational church continued to be legally established by some New England states, but the Anglican Church was humbled and reformed as the Protestant Episcopal Church. Slavery was a big, problematic issue, as the Continental Congress of 1774 had called for the abolition of slavery, and in 1775, the Philadelphia Quakers founded the world’s first antislavery society. This new spirit of â€Å"all men are created equal† even inspired a few slave owners to free their slaves. Another issue was women: they still were unequal to men, even though some had served (disguised as men) in the Revolutionary War. There were some achievements: New Jersey’s 1776 constitution allowed women to vote (for a time). Mothers devoted to their families were developed as an idea of â€Å"republican motherhood† and elevated women to higher statuses as keepers of the nation’s conscience. Constitution Making in the States The Continental Congress of 1776 called upon colonies to draft new constitutions (thus began the formation of the Articles of the Confederation). Massachusetts contributed one innovation when it called a special convention to draft its constitution and made itShow MoreRelatedRevolution Dbq1112 Words   |  5 PagesThe Revolution was affected before the war commenced.   The Revolution was in the minds and hearts of the people...This radical change in the principles, sentiments, and affections of the people was the real American Revolution.   Explain the meaning of this 1818 statement by John Adams (referring to the Revolutionary era) and assess its validity. Philosophical words, Once Again In a letter to Hezekiah Niles on February 3rd of 1818 John Adams, once again, spoke his mighty, philosophical wordsRead MoreThe Age Of Revolution And The European Revolution1152 Words   |  5 PagesThe age of revolution was a powerful dynamic age in the European politics and the European Society that started in 1789 and ended in 1848. During this era, radical citizens and reforming governments in Europe changed the existing laws and the ruling structure in a way that created the forms of the existing modern Europe states. The age was very revolutionary as it gave the introduction to new systems within Europe. The era was both an age of destruction as well as a catalyst for growth. Also, theRead MoreWhat Factors During The Colonial Period Essay1636 Words   |  7 Pagescolonial period led to American colonists declaring independence from the British Empire? Be sure to discuss the economic, political, and cultural aspects of the American Revolution. PROVISIONAL HYPOTHESIS: The structure of America revolution to address a various issue, which has great impact on America It, was the procedure where the thirteen colonies of North America became independent of Great Britain also then formed a new integrated government. The major reasons of America revolution are cultural, economicRead MoreThe Revolutionary War Of Independence1366 Words   |  6 PagesThe American Revolution which began as a War of Independence for American quickly transformed into a civil battle between the American patriots and loyalists joined by Indian forces. This war of independence, irrefutably, had a great effect on the citizens of America in varying degrees. The revolution, of course, gave a free rein to unforeseen political revolutions which often spark social revolutions. However, the American Revolution has foreseen the beginning of an abolitionist movement for AfricanRead MoreThe Success Of The American Revolution1633 Words   |  7 PagesVolumes of scholastic literature, cir culated history books, and an array of multiple sources acknowledge Frances’ contributory role in the success of the American Revolution. Prior to discussing their role in the American Revolution, it is important to mention their historical past in the colonies in order to understand why they intervened on behalf of the continentals. Frances’ historical past in the 13 colonies is filled with humiliation and resentment due to their defeat against Great BritainRead MoreWomen in the French Revolution1101 Words   |  5 PagesTejeda 19 October 2010 History 4, 20316, T-Th 9:45-11:10 Women in the French Revolution: The Ultimate Failure of Women’s Acquisition of Equal Rights The French Revolution has often been touted as the revolution that liberated individuals and gave triumph to traditionally oppressed groups. The Declaration of the Rights of Man and Citizen, which was France’s declaration of rights drafted during the revolution, garnered basic human rights to all man, leaving all women as a subservient afterthoughtRead MoreEssay on Give Me Liberty or Give Me Death812 Words   |  4 Pagesand that Americans has to fight to attain their freedom, or remain slaves of Britain. Henry presents solid facts to justify his call for action throughout his speech. Henry tells his fellow delegates that Britain is ready for war and their men are already in the field, and that is why Americans cannot sit back and call for peace when there is  no peace.[2] While America is in support of love and reconciliation, Britain, on the other hand, has brought fleets and armies on the American soil to suppressRead More The American Revolution And Womens Freedom Essay1582 Words   |  7 Pages The American Revolution (1775-1783) was a time of great change in America. American men were fighting for their right to be free from an oppressive ruler 3000 miles away. They wanted to have their say about what went on in their own country. America won the Revolution and its freedom, but while this was going on something else was happening. Internally changes were coming about too during all this fighting. The Revolution was the catalyst for women to make progress towards freedom. Wom en were makingRead MoreFrance - Change over Time Essay (French Revolution)1156 Words   |  5 Pageschange/continuity AP essay written for World History class. Vaguely, the essay question was: Describe change and continuity in France from the mid-1700s to the mid-1800s.*Like many other European nations in the 1700 s, France experienced a dramatic shift of sentiments against the monarchy, nobility, and Catholic Church as the people, fired by rousing new Enlightenment ideals, began to question authority and emphasize the need for equality, liberty, and democracy. The social and political changes in France wereRead MoreEssay on Role of Women in the American Revolution619 Words   |  3 PagesRole of Women in the American Revolution The role of women played in any given war is quite often severely underestimated. This sentiment especially goes for the American Revolutionary War, where women actually played an absolutely essential role in our victory against the British. Not only where there different types of women who had helped, but there were many different ways each of them helped--particularly as nurses to help save lives and tend to injured soldiers. Without women helping in

Case Study Questions And Answer on Soil-Testing Business

Questions: Indri runs a soil-testing business. He decides to form a company to take over the business. He is the sole shareholder and sole director. Indri sells his business to the company at an inflated price and lends the company $90,000 to help meet the cost of purchase. As security for the loan, Indri arranges a mortgage over a vacant block of land, which he transferred to the company as part of the business sale. In the first year of operation, the business makes a small profit (after paying both Indri and his 20 daughter's wages), but by the end of 2012 it is clear that the building industry is going through a major slump. Indri becomes desperate and works even harder. While working late into the night, Indri badly lacerates his hand and needs micro-surgery. His efforts to keep the business afloat are in vain and the company is forced into liquidation. On realisation of the assets, it is found that the company has approximately $95,000 to go towards meeting creditors' claims of $210,000: (a) If Indri is the only secured creditor, will he get back his $90,000? (b) Can Indri claim workers' compensation, assuming that he is otherwise entitled to it? Answers: (a) With regards to the case scenario, it can be apparently noted that Indri is associated with operating a soil-testing business, suggesting that he is running a soleproprietorship form of business. However, it must further be noted that Indri has decided to form a company that is capable of taking over the business. Although a company cannot be formed without less than 2 members, it must be noted that Indri is the sole director and the sole shareholder of the company. Indri, as the only secured creditor, has lent the company $90,000 for ensuring that it is able to meet its cost of purchase. As per Sect 51E of the Corporations Act 2001, secured creditors can be considered as the creditors of the company, in case the debt that is owed to the company is secured with the help of a security interest.[1] However, it must be noted that since the company is forced into liquidation, Indri, as the only secured creditor is entitled to receive the lent money. This can be attributed to the fact tha t as a secured creditor, Indri would hold priority over the unsecured creditors. Chapter 7 underlying the Title 11 of the United States Code considers that secured creditors are general at a lower chance of risk since their credit is supported by the collateral encompassing mortgage on assets.[2] They further carry a legally enforceable right that enables them to collateral securing the loans with that of mortgage carrying an equivalent value. In case the debtor is associated with defaulting on the obligations made with respect to secured creditor, the secured creditor has the right to seize and sold the collateral to satisfy the debt. Only, in case of an automatic stay, the secured creditor might not be able to regain control over the value of collateral. However, the bankruptcy law ensures that the secured creditors are able to obtain priority in the collateral, which is able to seize, sell as well as keep the proceeds that are obtained from the sale near to the owed amount. Secur ed creditor is further in a condition to collect the deficiency from the remedies that are left available for the unsecured creditors. Hence, as the only secured creditor, Indri is entitled to receive the owed amount from seizing, selling or arranging proceeds from sale of mortgage over a vacant block of land. (b) Based on the assumption that Indri is entitled to receive workers compensation, it can be apparently stated that Indri is entitled to receive compensation once the company goes into liquidation. Herein, due consideration needs to be placed on the fact that in scenarios wherein company goes into liquidation, the employees are entitled to obtain payment as per the Fair Entitlements Guarantee (FEG). In the past, FEG was known as General Employee Entitlements and Redundancy Scheme (GEERS) that is provided to the eligible employees towards ensuring that they are able to obtain their unpaid entitlements.[4] Indri is further entitled to receive compensation for the personal injury as per the Sect 31 of the Workers Compensation Act 1951.[5] Such entitlements can encompass annual leaves, service leave, payments with regards to the notice of termination, redundancy pay and wages for up to 13 weeks. As part of workers compensation, Indri is further eligible to receive compensation in the form o f insurance payment towards covering their wages as they are unfit to perform their work. It further includes payments that are made to the workers for covering medical expenses and rehabilitation. Bibliography ASIC, Constitution and replaceable rules (2016) AustLII, Bankruptcy Act 1966 - Sect 44 (2016) AustLII, Corporations Act 2001 - Sect 135 (2016) AustLII, Corporations Act 2001 - Sect 141 (2016) AustLII, Corporations Act 2001 Sect 1072B (2016) AustLII, Corporations Act 2001 Sect 201G (2016) AustLII, Corporations Act 2001 Sect 201H (2016) AustLII, Corporations Act 2001 Sect 201J (2016) AustLII, Corporations Act 2001 Sect 51E (2016) Ayotte, Kenneth and David A. Skeel, Bankruptcy Law as a Liquidity Provider (2013) 80(2) The University of Chicago Law Review 1557- 1624 Bebchuk, Lucian Arye and Jesse M. Fried, A new approach to valuing secured claims in bankruptcy (No. w8276) (2001) 114(2386) National Bureau of Economic Research. 2386-2436.

Development in Oil and Gas Management PoG 350

Question: Discuss about the Development in oil and gas management PoG 350. Answer: Introduction The study provides a brief view about the risk management process along with the importance of innovative strategies in an organization. Before initiating the risk management process, it is important to go through the risk assessment process in order to determine the risk presents in the present scenario (Glickman and Gough 2013). Risk assessment is a systematic method and sensible measurement process of identifying the risk that helps the organization to control the risk (Haimes 2015). The risk management process is method of prioritization that helps in general analyzing to build security goals and guidelines in order to reduce the uncertainty (Pritchard and PMP 2014). The organizations include innovative strategies to lead the business towards growth. In the present business market, some companies engage in strategic innovation to take their business in the next level. Apple, Dyson, Samsung, Barclay S, IKEA, BP are the well known companies that deliver new innovative products in the world market. On the other way, some companies such as Nokia, Blockbuster, BlackBerry, Mark and Spencer failed to make innovation in their production. The companies that pursue several innovative strategies are able to make more revenue and acquire sustainable growth. Due to improper management and lack of strategic innovation, other companies are lagging behind. Here, the researcher has chosen a company that incorporates several innovative strategies but somewhere it has more opportunities to make growth in their business. Here, the study discusses the above mentioned business activities by considering the company Oil Gas UK. The respective organization is the leading trade association for oil and gas industry of United Kingdom (Oilandgasuk.co.uk. 2016). In this particular study, the risk management procedure of the respective organization is demonstrated along with the innovative strategies they pursue and they need to pursue as well. Present business scenario and issue identification The present business scenario of Oil Gas UK would help to analyze the market position of the organization. In the year of 2014, the respective organization has provided 68% of the total primary energy of United Kingdom (Oilandgasuk.co.uk. 2016). According to DECC (Department of Energy Climate Change), the percentage will increase by 70 in the year of 2030 (Prpich, Coulon and Anthony 2015). In 2014, the average price of Brent oil is measured was $99 per barrel. This is lower than the amount measured in the past three years. It was $109, $112, $111 in the years 2013, 2012, 2011 respectively (Oilandgasuk.co.uk. 2016). The average price has been declined further in the year of 2015. It was $58 in 2015 (Oilandgasuk.co.uk. 2016). In the period 2014-2015, the organization has paid 2.2 billion on the corporate taxes of production. It is found as the lowest amount in the past 20 years due to the decreasing oil price (Oilandgasuk.co.uk. 2016). The prime goal of the organization is to reduce the expenditure as a whole and improve the efficiency. In 2014, the capital investment of Oil Cost UK was 14.8 billion which was the highest amount in the past four years (Oilandgasuk.co.uk. 2016). In the year of 2015, they have expected that the amount will be reduced up to 10-11 billion. As per their investment assumption, they have expected the amount of capital investment would fall by 2-4 billion every year (Bennear 2015). The operating cost of the organization was increased by 9% in the year 2014; it was 9.7 billion. In that year, Oil Gas UK expected to reduce their operating cost by 22% at the year of 2016. In addition, they expected to reduce it up to 9.3 billion and 8.6 billion in 2015 and 2016 respectively (Oilandgasuk.co.uk. 2016). Besides, the total pre-tax expenditure was raised by 3% in 2014. As a result, they have experienced rising expenditure as well as decreasing revenue in the last year. It led the organization to confront 4.2 billion cash flow deficit in 2015, which was the largest amount in its history (Oilandgasuk.co.uk. 2016). Risk assessment and Risk management process in Oil Gas UK As per the statement of Ward, Stuart and Bloomfield (2015), the environmental issues become the central point of risk assessment in the oil industry from the last decade. Oil Gas UK maintain a systematic procedure to identify the hazards. However, they fail to identify the scope of risk identification. Somehow, the traditional procedure fails to deal with the current challenges of world oil and gas market. Environmental Impact Assessment (EIA) is one of the major risk assessment process that the organization pays heed on (Tan, Ortiz-Gallardo and Perrons 2016). The organization has formalized the EIA process over time to make the process more effective. Apart from this, preliminary screening and scoping process is pursued in order to indentify the depth requirements of the organization. Akhurst et al. (2015) stated that certain risk evaluation and management process is followed by Oil and Gas UK in order to resolve the complexities and hitches found during the risk assessment process. Certain stages are included in the process of risk management such as hazard identification, identification of consequences, magnitude of consequences, probability of consequences, and risk reduction or elimination. It has been found that the company is facing cash flow deficit due to lower oil price in UK. Besides, the capital investment declines and at the same time the operating cost increases. In this context, the major hazard is the company is confronting problems regarding competition in the global market. Technological progress failed to reach the company in that position where it can acquire more revenue as well as profit. They failed to identify the consequences before and that is the reason they are facing this uncertainty in the present situation. In terms of these consequences, they need to address the root cause of this risk which they fail to do. Asgari et al. (2015) added that the organization might resolve the problems they have for short term period only which will cause long term issues. The long term issues might reach at a unsolvable stage if they are not uprooted. In this case, Oil Gas UK has taken the short term issue solving strategy that led them in todays complexity. Besides, it is important to determine the magnitude of consequences to predict the future risk that they might face in upcoming years. The magnitude of consequences helps in assuming the probability of the further consequences (Torres, Yadav and Khan 2016). Through predicting the future risk, an organization can make certain strategies to deal with the uncertainty. Oil Gas UK has skipped the stage of consequence identification and thus they failed to determine the magnitude as well as probability of consequences. The risk management process is pursued without implementing the previous major stages that made the company to face certain issues. The risk management process was not followed effectively which is one of the prime reasons behind the cash flow deficit that occurred recently in their business. Innovation in Oil Gas UK Trutnevyte et al. (2016) sated that strategic innovation is an approach and creative process that bring breakthrough ideas to drive the business towards growth and development. Strategic innovation is needed to acquire comparative advantages over the competitors and deliver strong competition to the rival companies as well. The prime mission of considering strategic innovation in the business process is to take the business in a new growth level and create a sustainable position in the market. It helps the organizations to look beyond their boundaries that help them to focus on both short term as well as long term outcomes. However, through pursuing innovative process, the organizations are able to expand their business, reduce cost in the long run, and reduce dependency on the workforce. On the other way, the employees lose their jobs due to this process. In Addition, company has to bare high expenses in the short run for incorporating new ideas and techniques. The above sections have discussed about the business scenario of Oil Gas UK in the present business market. Along with that, the study has brought out some of the major challenges that the company has been confronting since last 2-3 years. It has been found that technology progress has taken place in order to eliminate the complexities but could not meet the objectives. Innovation is required in the technology, business operations and activities to uproot the issues in the short run (Radnejad and Vredenburg 2015). Though, it is not possible to resolve all the problems exist in their business in the short period of time, thus long term planning as well as strategy is needed. Primarily, they need to reduce their operation cost and improve their efficiency to achieve their ultimate goal. Innovative management system and technology would help them to create more opportunities in order to grow their business. Asset integrity and reliability As per the statement of Webb (2015), asset integrity defines that the entire assets, that the organizations have, can perform effectively as well as safely as per the required actions. The Oil Gas UK require making sure that the assets it has are working correctly and fulfilling their expectations. It has been found that almost 30% of the platforms of their operating areas have been functioning foe more than 20 years and thus became ageing assets (Oilandgasuk.co.uk. 2016). These platforms are facing constant growing challenges in both the domestic as well as the world market. The major challenge that the company confronts regarding their assets can be split into two main categories. One is material related issues, and the other one is inspection and maintenance issue. Before initiating innovative business process, they need to create innovation ways in the material utilized in their production process. Apart from this, the management body should take innovative ways monitor the inte grity of the materials and understand the corrosion under insulation. Material As opined by Dholakia et al. (2015), it is important for the organizations to understand as well as monitor the integrity of the materials in order to reduce the probability of uncertainty. Through adopting innovative ways, Oil Gas UK can enhance the material performances in the changing environments. A high level of guidelines can be established to create several managing ways when the workers have to change the operational processes on the existing materials (Trutnevyte et al. 2016). The process of predictability of asset life provides the opportunity to extend the life of the existing assets. In addition, the company needs to apply Full Life Cycle Design (FLCD) principles to maximize the asset life. Inspection and Maintenance In the present situation, the company is seeking new strategies and ideas in inspection and maintenance of the assets. Best engineering practices need to be implemented to increase accuracy of fatigues (Banks 2015). The process of controlling obsolescence would help to manage the component obsolescence in an effective way. The upgraded obsolete subsea control system would help to control the obsolescence (Hansen and Steen 2015). Seven dimensions within a strategic innovation framework According to Upham, et al.(2015), the strategy innovation process is the systematic ways of creation of certain growth strategies and implementation in the business models. Along with seven dimensions, the strategy innovation framework of the respective organization can be framed. Seven Dimensions strategy innovation process Time frame 1. A managed innovation Process Along with the traditional approaches, Oil Gas UK should implement some non-traditional approaches in their business. Through identifying the internal capabilities, they would able to facilitate the interplay between internal practices and the external opportunities (Littleford et al. 2016). 2 months 2. Strategic Alignment It is the process of building internal support for the business activities (Costa-Campi, Garca-Quevedo and Trujillo-Baute 2015). This would help the stakeholders of the company to pursue common goal, vision, and actions. 6 months 3. Industry Foresight Storbacka and Nenonen (2015) stated that it is the understanding of emerging and converging trends. Besides adopting new technology, the company should look over the alternative ways of innovation in order to deal with the challenges. 1 month 4. Consumer/Customer Insight It defines the ways of understanding both the articulated and unarticulated requirements of the existing as well as potential consumers (Song and Oh 2015). Through prioritizing the customers, they can achieve their goal of improving efficiency. 6 months 5. Core Technologies and Competencies The core technology and competencies of Oil Gas UK is the set of their internal capabilities, assets of the company, and organizational competencies. Through increasing the core technology, the organization would able to value their customers more. 8 months 6. Organizational Readiness It determines the ability of the organization to implement new ideas and techniques. It has been found that technological progress was occurred but failed to eliminate the problems it has. Innovation is needed to manage all the operational, financial, and political factors (Haugh 2015). 6 months 7. Disciplined Implementation After planning the strategies, the company needs to implement them in a different way. The management body of the organization could keep track records of their operational progress. All the activities need to be framed in order to help all the stakeholders to perform efficiently. 12 months Table 1: Seven dimensions of strategic innovation framework (Source: Foss and Saebi 2015) Figure 1: Seven dimensions of strategic innovation framework (Source: Foss and Saebi 2015) Conclusion The study concludes that the average price of oil and gas has been decreasing in United Kingdom, thus the organization Oil Gas UK are confronting certain challenges. The operating cost of the company increases and this make them to face cash flow deficit. In the risk assessment process, they failed to address the scope of the risk identification. This results low comparative advantages in the world market. 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