America as an Imperialist Power Essay Example | Topics and Well Written Essays - 2000 words

America as an Imperialist Power - Essay Example Imperialism is the policy or practice in which one country starts to enforce an indirect control over other weaker nation. The reason behind a weak nation being controlled by imperialists is because they have unbalanced economy, governance, and infrastructure. Imperialism comes into practice, when a stronger nation for the sake of economics and other political benefits take over the indirect control, which involves the use of power beyond its border on weaker nation. The cause of imperialism includes the unwillingness of the victim nations to control which is due to weak economics, foreign political structure and a threatening repute of strong holding states. The world still is suffering the consequences of imperialism, which took place in the last decades of the nineteenth century. It can be noticed that imperialism is applied by countries such as US or Germany, which has helped these countries to become significant influence in the global political and social setup. To understand the entire study of empire system, it is important to first comprehend the word â€Å"empire†. The term empire comes from a Latin origination. Empire means power or authority, a control that associates to a kingdom, a state or an emperorship. Empire system basically intends to control over the sovereignty of other state by forceful means. An imperial system of government aims to acquire and get hold on colonies and lands of weak individual states due its ethnic, national, cultural, and religious diversification. Historically, an empire system emerges due to strong political – military dominance of population over the weak cultural and ethnic group. The system resembles a structure where power inflates and weak gets into biased retribution. This is to serve the agenda of emperorship and submerge a powerful geopolitical influence on other victimized nations. In contrast the empire system resembles the ancient roman emperorship, where cruelty, ruthlessness an d brutality floated throughout the global political system (Howe). The study of empire helps in understanding, the developments and changes that took place around the world. It was just a swirling revolution where empire system dominated and passed on to the world politics. Scholars have firm believe that even today the ongoing changes and developments around the world are due to the presence of an empire system. Through researchers’ analysis it can be evidenced that empire rules have existed in the history and still are prevailing. The imperial system has been continually evolving with developments and instances that took place in historical eras. Thus, the definition of empire cannot be evaluated by one factor since it has numerous reasons to cope up with. As Stephen Howe’s states that the world has a complex history and intertwined equally with contested words such as colonialism, globalization, and imperialism (Howe). History of empires is to a great deal of worldà ¢â‚¬â„¢s history. In fact it is being noted by researchers, that almost the entire history is associated with imperialism or colonialism. The significant study of empire is essential as it covers up all aspects related to countries originations and their contemporary situations. As some scholars consider that the world is becoming more and more flat due to cultural import and globalization by means of people, technology, and commerce. Moreover, study of empire explains the modern and historical migration, found in the world today such as cultural import, trade, religion practices, they all trace back to historical empires (Howe). Imperialism Context of Empire: Imperialism has been the most influential power during the last four to five centuries in the world history. In

Business analysis Essay Example | Topics and Well Written Essays - 1000 words

Business analysis - Essay Example The current ratio which is well above the benchmark of 1 should not be viewed as a healthy sign because the company is having major issues with its receivables and inventory management. The company has large amount of receivables pending resulting in high receivables days and the situation is the same for the company’s inventories. The company has good asset turnover but it is also declining over the period from 1993 to 1995. The company has a negative profitability in 1994 and 1995 because of its inability to generate profits. Though the company paid dividend in 1993 and 1994 the amount due from stockholders has been significant which could further dampen the company’s capital position. The financial ratios have been attached to this report as Appendix II. The company’s operating cash flow has declined sharply in 1995 leading to a negative figure of DM494,000 which surely have implications for the long term survival of the company if it is not able to recoup its business by altering its marketing and operating strategies. Marketing Analysis Haefren Baum is a home furnishing retailer which is engaged in selling high quality home furniture products of a German manufacturer Wiegandt GmbH Cologne. The understanding of the high-end furniture market suggests that the demand in this market is cyclical which is affected by two major factors – consumer buying confidence and also by the overall economic conditions. Due to the fall in the German economy during the year 1993 i.e. GDP indicated a negative growth of 1.2% the demand for furniture dropped and sales deteriorated. Haefren Baum’s sales also declined after 1993 showed as YoY decline of -19% (1994) and -5% (1995). In order to tackle the challenges the company cut down its pricing and also opened up new outlets Rhineland suburban areas however due to the competition attracting to the market it is difficult for a small retailer like Haefren Baum to survive for long as it is also fa cing problems with generating profits and maintain a strong cash position (Crane and Millett). Operations Analysis Since the company sells home furniture of Wiegandt GmBH Cologne therefore the amount payable to the company has reached DM 54,017.18. From the analysis it could be indicated that the operational efficiency of the company is becoming weak as the number of days that receivables are due for payment and the inventory held in its stock are increasing. Furthermore, the company is taking longer period to pay off its liabilities. The company has generated loss in 1994 and 1995 which suggests that the company is facing major difficulties in devising its strategies to coup up with the tough market conditions prevailing in Germany. Due to expansion of outlets the company’s borrowing has increased significantly and no positive outcome has been achieved. The credit department of the company must lay off loans and sell of non-profitable outlets to cut down pressure on its cash position. Appendix I: Cash Flow Statement Cash From Operating Activities 1994 1995 DM ‘000s DM ‘000s Net Profit -16 -55 -16 -55 (Increase)/Decrease in Receivables -386 35 (Increase)/Decrease in Inventory 8 -8 Increase/Decrease in Accounts Payables 8 88 Deferred Charges 32 0 Miscellaneous Accruals 74 -331 Current Maturities on Long-Term Debt 327 -223 Estimated Federal Income Tax -104 0 -41 -439 -57 -494 Cash Flow from Investing Activities Sale / (Purchase) of Net Buildings, Fixtures and