Comparision of the similarities and differences between Economic Value Research Paper

Comparision of the similarities and differences between Economic Value Added (EVA) and Residual Income as a measure of corporate performance - Research Paper Example The purpose of this paper is to discuss residual income and economic value addded approach in order to compare and contrast their differennces and similarities. EVA is a concept created by the consulting firm Stern Steward & Company (Keys & Azamhuzjaev & Mackey, 2001). EVA is a wealth metric that is commonly referred too as economic profits. In mathematical terms EVA is calculated by taking net operating profits after tax (NOPAT) and reducing NOPAT by your total cost of capital which includes the combination of borrowing and equity costs (Exinfm, 2009). EVA has become a very popular tool in the corporate world. Many multinational corporations have utilized the concept to increase the value of their common stock. After the inception of EVA Coca-Cola stocks rose 200% from 1987 to 1993; another example is CVX whose stock rose from $28 to $75 in a five year span after adopting EVA (Chen & Dodd, 2001). Despite the these sucesss stories there is not enough emperical evidence to support the claim that adopting the managerial practice to optimize EVA is correlated with price increments in stock valuation. EVA is a concept that is relalative new in c omparison with other financial metrics such as earnings per share (EPS) and residual income. The application of EVA and its support and validity may replace EPS in the future an indicator that is included in the income statements of public corporations.

Lady Macbeth Analysis Essay Example for Free

Lady Macbeth Analysis Essay Lady Macbeth has a manipulative, vindictive nature. She is a very controlling character yet we see her troubled mind reveal itself as the play progresses although as a character, in my opinion, when her mind unravels and her actions of insanity later occurs in the play I do not feel an ounce of sympathy for the murderous malicious actions of Macbeths temptress that lead him to doom and destruction. Therefore Lady Macbeth is just like a serpent that poisons her prey. In the opening scenes of the play it is clear to see how acutely in love Macbeth and Lady Macbeth are. When Macbeth is told the prophecy by the witches he immediately writes a letter to Lady Macbeth telling her of this news. Macbeth addresses Lady Macbeth as my dearest partner of greatness act 1 scene 5; this shows the magnitude of his love for her. He thoroughly respects her and reports to her, deliver thee not failing to tell her any new information. The first time we meet Lady Macbeth it doesnt give the reader a great perspective. She immediately becomes captivated in Macbeths letter and the prophecy of him being King, and conjures up a plan to kill Duncan, it is later revealed they are mutual friends, as he addresses her as honored hostess act 1 scene 6. This cold hearted nature and deep desire for social status and thriving ambition makes her desert any feelings of guilt and remorse, (for the time being). She is confident and strong, she fears Macbeth is not evil enough to execute a friend to reach the final goal of high status we hear this in her soliloquy, too full o the milk of human kindness to catch the nearest way, act 1 scene 5 she prays for help metaphysical aid act 1 scene 5 to help Macbeth become ruthless. She fears he is without ambition act 1 scene 5 and so would not carry out the deed properly. Lady Macbeth even would do the murder herself as she prays to become manlier unsex me act 1 scenes 5-7, she prays that she will have no conscience and to be filled with poison. This shows the extent of her ambitious mind. It also reveals that although how evil she is, she still needs an extra push to give her confidence, this doesnt mean however that she is an innocent flower, she is still an evil serpent at the fact that she wishes to be even more evil and filled with malice. When she first meets Macbeth she begins to goad and persuade him to do the deed she administrates ideas of looking above suspicion. She tells him look like thinnocent flower, But be the serpent undert. act 1 scene 5, Shakespeare uses very expressive language here with contrasting imagery of a flower (which represents good) and a serpent (which represents evil). This could also be interpreted as a metaphor for Macbeths relationship with his wife in that when Lady Macbeth is plotting murderous schemes and manipulating her husband, Macbeth is presented in a good and vulnerable light. The same applies for when Macbeth decides to take the murders further later on in the book and the audience gains sympathy for his wife. Macbeth is left with little to say and is interrupted by his wife on several occasions in that scene, providing the audience with a clear insight into Shakespeares intentions for the hierarchy within the relationship. That hierarchy being where Macbeth is more or less controlled by what Lady Macbeth tells him to do, almost like a spell of her own. This provides strong evidence for those who believe that Lady Macbeth is like a serpent. Lady Macbeth shows more serpent techniques as she hides her malevolent plans while greeting her guest, the King, at her household. She is skilled with her welcome of politeness towards Duncan as she has already planned that Duncan will die, fatal battlements, act 1 scene 5 yet she can mask her wickedness and still seem courteous towards Duncan. Progressing through the book from the start Lady Macbeth now symbolizes the character of wickedness to her full extent, like a snake that targets its prey and is not satisfied until the aim is achieved. In Act 1 scene 7 we see how Lady Macbeth belittles her husband in an attempt for him to agree whole heartedly to kill the king of Scotland. She tries to make him feel weak and cowardly. She uses foul phrases with appalling imagery such as telling Macbeth that while she was breast feeding her baby she would: while it was smiling in my face, have plucked my nipple from his boneless gums and dashed the brains out, had I so sworn you had done to this. She tries to come over as very menacing and heartless at this point in the play, making a point of the fact that if she had promised to kill her own child she would do so. The role of women at the time when Shakespeare wrote this play was that women were mothers and supported their husbands, there main objective would be to look after the home. A Shakespearian audience would be appalled that Lady Macbeth is neither and that she even threatens a life of a child. This shows how Lady Macbeth would have done almost anything to persuade Macbeth however, after the murder of Duncan, she contradicts herself rather strongly as she comments on not being able to kill her father. In Act 2 scene 2 Lady Macbeth shows strength. Macbeth returns from killing the king to discuss the event with his wife. Shakespeare uses this as an opportunity for the audience to feel sympathy as we see his grief and guilt. We also get to see a very new side to Lady Macbeth, she admits that if he had not looked like her own father she would have done the deed herself, showing that underneath her hard exterior, there are elements of compassion and guilt that though she expresses little, she still feels them just like any other human being. The audience then can see her snap out of her sensitive phase and channel her emotions into reassuring and controlling her husband. She tells him to dismiss his hallucinations about the dagger and to return them to frame the guards who were guarding Duncans room. These deeds must not be thought, after these ways; so, it will make us mad. The audience could consider this as foreshadowing of what occurs as the play progresses as both Lady Macbeth and her husband experience mental disturbances because of the horrific crimes they committed. Hands are used as a metaphor throughout this scene and as an extended metaphor throughout the play. Macbeth refers to his as hangmans hands and uses phrases such as ravelled sleeve of care, whereas Lady Macbeth is far more literal and tells him to wash this filthy witness from your hand. This could be interpreted as the hands representing guilt and so each character handles the guilt in different ways; Macbeth is very open about his guilt and remorse by using dramatic devices such as personification and metaphors, for example: Glamis hath murdered sleep, and therefore Cawdor shall sleep no more: Macbeth shall sleep no more. Lady Macbeth, however, deals with her culpability in a different way in that she pretends to feel nothing towards the situation but it obviously haunts her as we see in her final scene in Act 5 scene 1 where she sleep walks and hallucinates. Shakespeare illustrates this well when Lady Macbeth mocks Macbeth for being so gentle: My hands are of your colour, but I shame, to wear a heart so white. She also says rather flippantly, A little water clears us of this deed. How easy is it then! Your constancy hath left you unattended. Shakespeares intention for this scene, I think, was to show us that there is a sensitive, guilty side underneath her shell of ambition and malevolence. Conversely the depth of evil she has shown so far throughout the play cannot make her an innocent flower but an evil and manipulative serpent. When Macduff discovers Duncans murder with great astonishment, he alerts the whole castle including Banquo, Malcolm and Donaldbain of the kings death and so Lady Macbeth enters. She acts very much like thinnocent flower by pretending to be oblivious to what had happened in the previous scene, Whats the business that such a hideous trumpet calls to parley, the sleepers of the house? Then with immense dramatic irony, Macduff replies calling her gentle lady and commenting on the fact that the talk of murderous deeds is too tender for a womans ears. The audience would find this somewhat amusing as they know that Lady Macbeth is responsible for persuading Macbeth to commit the murder of Duncan and so would not in any way find the subject too sensitive or painful. Lady Macbeth is very much out of control in this scene, she is surprised to find out that Macbeth killed the two attendants which werent in her plan and she begins to falter. In the Macbeths relationship this is somewhat very different from the beginning, Macbeth did not consult Lady Macbeth of killing the attendants and this shows their relationship distancing. Lady Macbeth shows her fragility by fainting, although it is unknown to the audience if she genuinely fainted or if it is an act. Lady Macbeth experiences a loss of power and control in Act 3 scene 2, where Macbeth arranges his next murder without her involvement. Shakespeare has her character showing compassion to her husbands sorriest fancies when he complains of insecurity about his dangerous thoughts and deeds. She tries to make him forget what has happened by instructing him: Using those thoughts which should indeed have died, with them think on? Things without all remedy should be without regard; whats done is done. But Lady Macbeth has lost some of her control, her serpent like naturisms have become wilted but like a serpent, it always remains. Lady Macbeth presents herself as the gracious hostess once more as she invites the lords to dinner in Act 3 scene 4. At the beginning of the scene the audience is presented with the news of Banquos slaughter. Lady Macbeth suspects this but is not directly informed as her husband has somewhat distanced himself from her, implying that he does not need her influences for villainous thoughts any more, he can do it all by himself now. This scene manages to arouse some sympathy for Lady Macbeth as we see her power lessening downfall. This could be what ultimately leads to her suspected suicide. The audience gets to understand that Shakespeare did not want to present Lady Macbeth as a character who takes pleasure in the sight of bloodshed and gore, but one who craves power and enforces her ambitions upon those she can manipulate. We also see a role reversal here for the second time in the play. She already has upset the natural order of marital hierarchy from the beginning of the play where she presents herself in the dominant role which was extremely uncommon for that period. Then as the play progresses she becomes part of a downward spiral where she loses power and the status within the marriage as she becomes the more recessive figure next to her now dominant husband. Which in essence, could her suicide later on in the play be reflected upon the idea that Lady Macbeth needs to be the dominate figure? I think that she becomes so broken by her husbands horrific actions that even she wouldnt commit and she cant take anymore of the division between the once close couple this could be seen as an innocent flower but considering everything that has happened throughout the play, she can certainly not be called innocent. The ghost of Banquo makes an appearance at the dinner table in this scene but of course only Macbeth can see (another one of his deluded hallucinations like the dagger). He becomes extremely unsettled by this and begins to shout at the ghost with a fiery passion that stuns the rest of his guests. Thou canst not say I did it; never shake thy gory locks at me! Ross initiates the lords standing up and leaving their new king in peace to rest and collect himself but Lady Macbeth being thinnocent flower that she pretends to be assures the lords that he is fine and is just unwell. The audience feels some sort of consideration for her as we can see her husbands mental health deteriorates and her power disintegrate. She snaps at Macbeth Are you a man? as she quite obviously feels utterly embarrassed by his reactions to the ghost. She tries to use this as an opportunity to regain her status above Macbeth which is understandable as she feels defeated but is selfish considering her husbands stat e, she shows serpent qualities, the need to be in control of her prey. In the most dramatic scene in Lady Macbeths presence on stage, the audience is given the opportunity to see the real Lady Macbeth as her subconscious takes over her physical state. Having no further matters to occupy her mind as Macbeth no longer tells her his plans, she begins to dwell on the past, slipping further and further from reality until she eventually completely loses her hold on sanity and takes her own life. At the beginning of her last scene, Act 5 scene 1, the doctor and gentlewoman are analyzing her recent behavior, She has light by her continually, tis her command. As light is a common metaphor for purity this insinuates that she doesnt want to be considered evil and wants to redeem herself but cant because she is too involved to dig herself out now and so her subconscious speaks the words she cannot. Out damned spot! Out, I say! One, two. Why then tis time to dot. Hell is murky. Fie, my lord, fie, a soldier, and afeard? What need we fear? Who knows it, when none can call our power to account? Yet who would have thought the old man to have had so much blood in him? A Shakespearian audience would have recognized the spot as the devils mark and would have reacted with horror as they saw this scene being played; this shows that once again she can be called a serpent. Shakespeare has used very disjointed language with punctuation separating every short phrase. This translates to her being very edgy and emotionally unstable. She then reels off a list of other people for which she feels responsible for their deaths as well as her husband. She refers back to the common theme of hands which has occurred throughout the play. What, will these hands neer be clean? All the perfumes of Arabia will not sweeten this little hand. O, O, O. She still refers to her hands as being little and the need for them to be sweetened and so this indicates the want for her to be filled with good and that she is feeling genuine guilt and mental anguish. This anguish finally leads to her suicide by unspecified means. Shakespeare probably chose not to present the death of Lady Macbeth on stage to add to the impact of her exit and last scene and also to be slightly ambiguous. I think a dying scene would have been effective for Lady Macbeths last scene; she could perhaps have given a soliloquy explaining how she truly was feeling. To let her portray her malice side and let the audience be satisfied to call her an evil serpent. The significance of Lady Macbeth being an evil woman becoming tortured with guilt and grief is off great importance to a Shakespearian audience, in that time they believed in witchcraft and in my opinion Lady Macbeth could be portrayed as how people who are evil and malicious never get away with the deed. I think a Shakespearian audience would think witchcraft would have been involved in Lady Macbeths downfall and this would be very real and true for them. She was certainly a bold character for going against the Chain of Being in which God was considered to be ultimately at the top with monarchs under that and other members of society such as lords and townsfolk following after, but at the bottom were women and so she was courageous to consider herself to be above even monarchy! Though wrong, especially considering what was said if the chain of being was to be disrupted, that chaos would arise, disrupting the natural order of life on earth and in the heavens which is seen as inexcusable a definite serpent quality. To conclude, it is evident that Shakespeare had Lady Macbeths emotional state disintegrate as the play proceeded to in effect show the downfall of a control freak. In the first two acts we have little sympathy for Lady Macbeth as Shakespeare only provides the audience with her vindictive exterior, at this time we cannot see what she is truly thinking and feeling. It is only as the play progresses that we understand why she turns out to be the way that she is, that she has a very ambitious character and so enforces that upon her husband. She feels that Macbeth becoming king will benefit them both and sees killing the existing king as the fastest way to get to the throne. She then becomes gradually defeated as Macbeths ambition and obsession with becoming king begins to soar and spiral. She is then over-ridden with guilt and eventually feels that she cannot bear the guilt that torments her troubled mind and so decides to end it all. Had her ambition not overridden her sense of morality, she could have been a respectable, intelligent woman who complemented her husbands abilities to form a perfect partnership. However, she ended up becoming a tortured, immoral, dejected soul, and disliked by many people becoming a serpent.

Architecture, Principle, and Culture: The Universal Value for Which Sta

Stanford University is a private research university located in Stanford, CA at geographical coordinates 37.43Â ° N, 122.17Â ° W. Erected in 1891 in memory of the founders’ son, Leland Stanford Junior, The Stanford University campus combines Romanesque, neoclassic and Mission Revival architectural styles on its buildings, with red tile roofs, sandstone walls, and beautiful aesthetic decorative details. Its architectural landmarks, for example, the Main Quad and Memorial Church, are representative of many eras of culture and technological advancement in the United States. Its physical and symbolic aspects make it a universally valuable site like no other. Stanford University is a site of outstanding universal value because of its architecture, which is representative of many eras of historic technological innovation physically as well as symbolically. Stanford’s Main Quad is a brilliant exhibit of architecture that reveals influences from important eras in European architecture yet maintains a Romanesque, mission revival theme that is also prevalent throughout campus. In addition to this, Stanford maintains a commitment to academic advancement and excellence. A place of such physical and intellectual prowess merits outstanding universal value. The campus meets criteria (i), (ii), and (iv): its architecture is representative of creative human genius, is a testimony to the cultural tradition of the United States, and illustrates significant states in human history in the United States, while its intangible aspects exhibits an interchange of human values over the span of more than a century. Both its authenticity and integrity a re attributed to the fact that the campus maintains a culture representative of the entire World. Stanford is... ...f sites such as these, we may lose the opportunity for preservation altogether in the future. We need to preserve the Stanford campus now in order to protect the legacy for which it stands. Works Cited "Canterbury Cathedral, St Augustine's Abbey, and St Martin's Church." UNESCO World Heritage Centre. UNESCO. Web. 31 Jan. 2012. . The Founding Grant; with Amendments, Legislation, and Court Decrees. [Stanford, Calif.]: Stanford University, 1971. Web. . Joncas, Richard, David J. Neuman, and Paul Venable. Turner. Stanford University. New York: Princeton Architectural, 2006. Print. "Monticello and the University of Virginia in Charlottesville." UNESCO World Heritage Centre. UNESCO. Web. 31 Jan. 2012. .

Deaf President Now

Richard Evans 12 October 2012 Deaf Community Midterm: DPN Who Will Be President It all started in 1987 at the first deaf school in the United States, Gallaudet University. Former President Dr. Jerry C. Lee resigned at the end of 1987 and the school needed to find another president to take place. So in February of 1988 the committee announced the finalists for the running for a new president. A majority of the candidates were of hearing and just a couple were of deaf nature. Let us start by discussing, who were the candidates, what initially started the troubles in 1988, and how it was finally resolved.In 1988 when Gallaudet University needed to find a new president to take over for the open position at stake they had many people send in their resumes to the committee who takes care of that kind of stuff. They later announced the finalists and some were hearing and some were deaf and considering this is a deaf school, wouldn’t one think that a deaf president would fit a lot bet ter than a hearing person? Well the finalists that were announced were the following: Dr. Harvey Corson, who is deaf, Dr. I.King Jordan, who was also deaf, and Dr. Elisabeth Zinser, who is hearing. The congregation of Gallaudet wanted the presidency to be filled by one of the two deaf candidates and they started writing and sending letters to the board to let them know how they would like to see the direction of the school. Then the school announced who was going to take over the open position and when they said it was the hearing candidate the school was in shock, and that’s when history was forever changed at that school.March 1, 1988 was the day when the board finally announced their decision and when the University had announced that Zinser had become the new president of the university the students, angered and with feelings of betrayal, marched to the board meeting and they demanded to be told why that was the decision that had been made. The following day is when they finally got to hear why they made the decision and the students of Gallaudet were appalled. Meetings upon meetings took place between the student congregation debating what next step was needed to be taken.They decided to barricade the way onto the campus the next morning and they rallied and gave speeches to all the students and the protest leaders came to a conclusion on what they wanted. They gave the board 4 ultimatums that must be met or else and they were: 1. Zinser Must resign and a deaf president be selected; 2. Spilman must step down off of the board; 3. The percentage of deaf persons on the board must be a majority; and 4. There must be no reprisals against any of the protesters. And the board said no to all of their demands and the protesters then turned to marching to the Capitol Building in D. C.The following day the university wasn’t barricaded any longer and the university’s classes took place but the protesters boycotted the classes and went to speeches and rallies instead. The rallies had then gotten so large that it was being covered by national television, programs, and newspapers. Zinser then thought to herself that she needed to begin her presidency early and she started appearing on campus to show that she cares. But she was turned down quickly and then the following day she resigned and the students took march to the capital to get the other 3 demands to be taken and make sure they are done.The next day was a day break for everyone to relax so that Sunday they would then start up again. Then all 4 demands were met and Dr. I. King Jordan was the first deaf president at Gallaudet University. In 8 days and tons of emotional stress and action packed days the rallies and everything came to an end and everyone was happy. To review all of what had happened just shows with a lot of heart and effort one can succeed in anything and the congregation at Gallaudet had shown the world that the deaf community can stick up and join togethe r and not budge.This revolution at Gallaudet will always be remembered and marks a big spot in history for the deaf community. Works Cited â€Å"Deaf President Now Protest – Gallaudet University. † Deaf President Now Protest – Gallaudet University. N. p. , n. d. Web. 03 Oct. 2012. . â€Å"DeafWeb Washington: CSCDHH GA Newsletter – March 1998. † DeafWeb Washington: CSCDHH GA Newsletter – March 1998. N. p. , n. d. Web. 03 Oct. 2012. . Lane, Harlan L. , Robert Hoffmeister, and Benjamin J. Bahan. A Journey into

Henkie Essay

6.1 Lehman Brothers Lehman Brothers was one of the main casualties of the US end of the global financial crisis that began in 2007. The US Government, fearing the loss of confidence in the financial markets bailed out Fannie May and Freddie Mac, AIG, and some other financial institutions. But when it came to Lehman Brothers, then the fourth largest investment bank in the US, the Government refused to support and the bank filed for bankruptcy. Whether this was a sound decision is, probably, not the subject for this case – though that decision did precipitate a lot of subsequent problems. Rather the case has been written to generate discussion about the domination of a major institution by one man – Richard S. Fuld Jr. The case claims that Lehman Brothers was dominated by Richard S. Fuld Jr. Was this desirable? What steps could have been taken to avoid it? Who could have initiated these steps? The discussion should raise questions: where was the board, particularly the independent outside directors? Did they understand the risks involved in the business model being pursued by the CEO? Were they acquiescent, pliable, too-trusting, or dominated by the man who was chairman of the board, chairman of the executive committee, and CEO? Where was the audit committee, indeed, where were the auditors? Where was the nomination committee, which should have been considering board structure and membership? Indeed, where was anyone capable of standing up to Fuld? The second issue concerns the directors’ ages. Certainly many of them had relevant past experience, but many were old. True, some old people can contribute significantly to board discussions from the experience, knowledge and wisdom. But others deteriorate with age. The Lehman’s board lacked a balance. The third question – is it possible for the research analysts of a financial institution to give independent investment advice to clients about a company when the financial institution has an interest in that company? – can generate an important discussion that corporate regulators still struggle to control 6.2 The Siemens AG case 1. What might Kleinfeld have done to avoid resigning? Given the apparent cultural clash between Kleinfeld’s apparent Anglo-Saxon approach to tough-minded management and the more socially-concerned German supervisory board perspective, there might have been little he could do, other than, perhaps, communicating more closely with the labour and financial members of the supervisory board. In fact, subsequent rumours about the situation surfaced, which suggested there was more to the problem than a clash of expectations. Students might be able to unearth more information from press reports. 6.3 Tokyo Electric Power and the disaster at Fukushima Daiichi This case exemplifies how a company can report confidently that it has satisfied all the required corporate governance criteria and yet have serious governance flaws that led to a serious problem becoming a catastrophe. 1. Did the structure of the board contribute to the failures? The board was large, executive and lacking any sense of independent outside directors. This is typical in many well-established Japanese companies, as we will see in this chapter. Attempts by the Japanese Government and some international institutional investors, such as US CalPers, have largely failed to change attitudes in the boardroom, to where power should reside and who should be ‘promoted’ to the board. 2. How do you account for the discrepancies between the company’s alleged concern for corporate governance on its website and the catastrophic failure? This was a company that apparently did not accept the significance of professional corporate governance thinking, but went through the motions to satisfy the regulators and stock market investors. 3. What advice would you give to the chairman of TEPCO? Encourage the students to appreciate the personal and cultural aspects of the situation. â€Å"Replace the board with a majority of independent directors† is not a satisfactory answer. This is not the US or the UK. There is no tradition of independent directors, it runs contrary to many top executive beliefs. Moreover, where are these INEDs to come from? Pressure from institutional investors to resign might work: but there has to be a replacement. Alternatively, consulting advice, mentoring, attitude changing activities, experience on other boards could all be among the ideas suggested. 6.4 The TYCO case What should a board do to ensure that a CEO does not treat the company as a private fiefdom? Recognize that the CEO probably played a major part in the appointment of the other directors. Furthermore, resignation from the board may have little effect on the CEO’s behaviour. This is another corporate governance classic. The challenge to students is to go beyond normative generalisations about how boards should be constituted and how directors should behave. They need to realize that personalities really matter. As in many corporate governance sagas mentioned in the textbook, powerful people can exercise considerable charisma, influence and authority over others – particularly if they have chosen them themselves. What was required was a group of INEDs who would insist on knowing what was going on, and if dissatisfied stand up to the CEO/chairman. If appropriate, this case can be explored further from a legal aspect to see what offences Kozlowski committe d.

Definition and Examples of Direct Quotations

Definition and Examples of Direct Quotations A direct quotation is a report of the exact words of an author or speaker and is placed inside quotation marks  in a written work. For example, Dr. King said, I have a dream. Comparing Types of Quotations Direct quotations are commonly introduced by a signal phrase (also called a quotative frame), such as Dr. King said or Abigail Adams wrote, and are used in written and in audio or visual media, especially if an anchor or reporter is giving someones exact words without having a recording of the person actually saying it. For example, a newscaster would say, Dr. King said, and I quote, I have a dream unquote.   By contrast, indirect quotations also may have signal phrases leading into them, but the words are not what the person said or wrote word for word, just a paraphrase or a summary of what the words were, such as, At the March on Washington, Dr. King spoke of the dreams that he had for the nation. A  mixed quotation  is an indirect quotation that includes a directly quoted expression (in many cases just a single word or brief phrase):  Ã¢â‚¬â€¹King  melodiously praised the veterans of  creative suffering, urging them to continue the struggle. When you have a long direct quotation in a written work, such as more than 60 or 100 words or more than four or five lines, instead of using quotation marks around it, you may be told by your style guide or assignment parameters to set it off with indents on either side and to put the text in italics or make some other typographical change. This is a block quotation. (See the long quote in the next section for an example, though this sites style is to retain quote marks, even around block quotes.) When to Use Direct Quotes When youre writing, use direct quotes sparingly, because the essay or article is supposed to be your original work. Use them for emphasis, when the reader needs to see the exact words for analysis  when theyre evidence, or when the exact quote perfectly encapsulates the topic at hand more succinctly or better than you could. Author Becky Reed Rosenberg discusses using direct quotes when writing in the sciences vs. the humanities. In the first place, the general convention in the sciences and social sciences is that we use  direct quotations  as little as possible. Whenever possible,  paraphrase  your source. The exception is when the source is so eloquent or so peculiar that you really need to share the original language with your readers. (In the humanities, direct quoting is more important- certainly where you are talking about a literary source. There the original language  IS  the object of study very often.) (Using Direct Quotation. Writing Center at the University of Washington, Bothell) In news writing, dont be tempted to correct grammar or other errors when youre directly quoting your source- though you would want to comment in your text about factual errors the speaker made at the time of the statement. You can use ellipses to cut some things out of a direct quote, but even that should be done sparingly. In news, accuracy and proper context are paramount, and you dont want to look like youre doctoring the sources words. In essays and reports, anytime you use someone elses ideas in your work, either by direct or indirect quotations, that person needs either attribution or  credit, or else you are committing plagiarism.

Remembering Mike essays

Remembering Mike essays The death of my friend Mike Walker taught me the true meaning of the cliche, Life does not last forever, so live each day like it is the last. I treasure my friends and family more than anything in the world. A good friend is hard to find. I thought this was true until the first day I met Mike. I remember the day perfectly and I will always remember it for as long as I live. To me Mike was a great person. He was always laughing and telling jokes. Of course he had his down times like everyone else, but he did not allow himself to stay down for long. He was the type of guy to just walk up to anybody and say, Hi, I am Mike Walker. The first time I met him, I was sitting down to lunch with my friend, Andrew. We were not there long when another guy sat down. He immediately looked at me and said, Hi, I am Mike Walker. I was so surprised by his welcoming smile that I was left speechless. After a slight nudge from Andrew, I responded with my name and was greeted by yet another charming smile. It was not long before I realized I had sat down to lunch with the golf team. They were all talking and goofing off while I quietly ate my lunch. When I looked up, Mike was staring at me. He looked right at me, as if he were reading my mind. He looked around the table before saying, All right guys, subject change. What do you want to talk about, Stacy? I never got the chance to answer because lunch was over. As we left the cafeteria Mike turned to me and said, Dont worry we will talk about what you want next time. With a smile on his face (as well as mine), he was gone. From then on Mike and I had a friendship. We talked in the halls and after school. Mike was a great person and could always make me happy. One day I was talking to Mike before school let out. We were laughing and joking as usual. He told me he was going to be around after school and to find him l ...