Alexander Hamilton and the founding of the Nation Essay Example for Free

Alexander Hamilton and the founding of the Nation Essay American history Introduction   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Alexander Hamilton was a very controversial man of his age and he was a gifted statesman who was brought down by serious faults of arrogance, extreme candor and stubbornness. Hamilton’s career and life were marked by a dramatic rise to heroism, tragedy and scandal (Hamilton Morris, 1957). However his contributions are still evident. As the Secretary of the Treasury in the turbulent early years of the state, Hamilton spearheaded the transformation of young nation into industrial powerhouse. American experience is a 2-hour documentary which features actor Brian F. O’ Byrne, Tony Award winning Broadway who is the most controversial founding father in America. American Experience brings to life most persuasive stories of the past which inform people’s understanding of the contemporary world. This film is more than just a history lesson due to its attention to Hamilton’s peccadilloes and psychology (Nelson, 2011).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Hamilton’s public life and also the policies that he advocated are granted plenty of attention since they are very interesting. The most fascinating thing is the comparison which is inevitable between then and today, and how conflict of ideas that started soon after the contemporary nation was instituted is still evident (Hogeland, 2007). Hamilton devoted his entire life on creating the United States to be a better nation. The documentary shows how united stated was able to develop quickly from the newborn nation under the watch of Hamilton becoming the one of the strongest economies around the world, making the Louisiana Purchase a reality, the size of the united states doubled, the building of railroads and canals, and establishment of heavy industry which helped in fueling the development of the largest cities in United states (Murray, 2007). The film also shows how Hamilton advocated for a central government that was strong and an economy based upon manufacturing –ideas and commerce which was deemed as radical by many individuals. He advocated for equality, opposed slavery and also led to birth of a two-party system in America (Hamilton Frisch, 1985). References Nelson, S. (Director). (2011). American experience [Documentary]. united states: PBS Distribution. This film covered Hamilton’s short life, one that had more than its share of tragedy, heroism and scandal. It also shows the achievements and his contributions towards developing United States. Hamilton, A., Morris, R. B. (1957). Alexander Hamilton and the founding of the Nation. New York: Dial Press. This book illustrates the short life lived by Alexander Hamilton and also how he founded United States. In this regard the book explains his many contributions and developments that transformed United States for the better. Hamilton, A., Frisch, M. J. (1985). Selected writings and speeches of Alexander Hamilton. Washington: American Enterprise Institute for Public Policy Research. This book shows Hamiltons speeches and writings. I t also shows the policies that he advocate including how he was fighting for equality and opposing slavery. Hogeland, William. â€Å"Inventing Alexander Hamilton†. Boston Review 32:6 (Nov/Dec 2007); 21-24 This article how Alexander Hamilton founded and developed America from being a weak nation to a strong nation. This article also depicts his life and many policies that he initiated to develop the United States. Murray, J. A. (2007). Alexander Hamilton Americas forgotten founder. New York: Algora Pub.. This book also shows Hamiltons controversial life and also many policies that he advocated towards achieving equality for all and for a better United States. Source document

SWOT analysis of the borders company

SWOT analysis of the borders company According to the article Borders Group, Inc.; Borders Raises $25 Million Through Equity Financing to Support Key Financial and Strategic Initiatives (2010), Borders Group sold $25 million equity finances to financier Bennett LeBow in May 2009 so it could solve a company liquidity problem. This new capital budget will strengthen Borders balance sheet which recorded liabilities as $1.3 billion and stockholders equities as $262 million (Borders group, Inc., 2010). Moreover, Borders could provide capital to help fund the transformation of the Borders brand. These include improving the store network to increase profitability and productivity and maximizing the digital opportunity, including growing Borders.com. Launched eBook store to digital approach To compete with other company, Borders launched its eBook store with more than 1.5 million titles, including thousands of free titles, available in a variety of formats, including ePub, mobile and PDF (Borders opens, 2010). In addition, a company launched the Kobo eReader and Aluratek Libre eReader on Borders.com. Both devices, which are value-priced at under $150, have surpassed sales expectations. Moreover, to provide additional value around its digital offerings, Borders also offers free books to customers download Borders application (Borders offers, 2010). From its variety digital approach, Borders can achieve customer satisfaction. Weakness: Net losses in Waldenbooks Specialty Retail stores Borders had 468 Waldenbooks Specialty Retail stores in 2008 summer (Milliot, 2009). However, in 2009, Borders Waldenbooks Specialty Retail stores revenues decreased 8.5% (Borders Group Q4, 2010). It, moreover, is lesser consumers to go to shopping in shopping mall (Industry profile: Bookstores, 2010) so Borders has continually closed Waldenbooks stores since 2001 (Milliot, 2009). In addition, Borders closed 186 Waldenbooks Specialty Retail locations in the fourth quarter of 2009. The total 212 Waldenbooks stores were closed in 2009 fiscal year (Milliot, 2010). It seems that Waldenbooks stores are still a problem for Borders to burden net losses in several years. Missing multi-media approach Multi-media were the most significant impact in sales of the book industry because multi-media categories are low margin categories, such as music and video. Although Borders has already expanded their DVD movies section since 2006, Borders decided to decrease their multi-media section and more focused on book selling instead. As this result, in the second quarter of 2009, Borderss music sales were declined 51% and DVD sales were declined 48% (Borders Group, Inc. Q2, 2009). In fact, excluding multi-media, Borderss superstore comps declined by 13%. The sales of books are around 67% of the total sales in 2008 and 2009 (Milliot, 2010). Opportunities Strong growing in on-line retailing market The online retailing industry is increasing very fast because internet is becoming more and more popular. The data from Forester shows that the online retail sales reached $141 billion in 2008, which was an 11% increase. In the 2009, online retail sales reached $141 billion, which was a 13% increase, even faster increase than previous year (Reuters Research Inc., 2010). Borders internet service acquired a lot of experience in the past two years and the eBook is a new service which will be provided by borders in July 2, 2010. In this case, new strategies include online store and eBook which are using by Borders may help borders catch this opportunity. Increasing Book Industry The book market which Borders involves in is growing steadys because internet sales and many new assistant technologies like e-book are helping people to acquire and read books easily and conveniently. According to the report book industry trend (2009), book industrys net income would increase 4.4% to $37.3billion in 2008 from $35.7billion in 2009. Bensinger (2010) states that U.S. book sales will rise 5.8 percent from 2010 to 2015 and most of increasing are online book selling. This data clearly shows that book industry will become larger, especially the online book market, which is a great opportunity for borders to use digital strategies such as Borders.com and eBook to change the depression in the past 5 years. Threats The increasing minimum wages in US According to the article Tables calculators by subject (2010), the federal minimum wage rate increased $5.15 per hour in 1997 to reach $6.55 per hour in July, 2008 and it kept going to $8.55 per hour in 2009, and remains same in 2010. All of those increases were caused by a voter begins in 1998 relative with increased inflation rate and cost did not rise in that year (High paying, 2010). The increased minimum wages makes borders face a more serious environment. The higher cost of wages will increase burden of Borders since borders has approximately 25,000. The sharp decrease in revenue which caused by intense competition and increased cost of labors will further decrease the net income of Borders. The decrease of consumers in shopping malls of US The consumers gradually adapt to shop online and the traffic of shopping mall is gradually decreasing in US. Decreased mall consumers in US have made many retailers into trouble. Sales performance of malls in the U.S also becomes worse and excepted to remain in the same situation in the nearly future. Connolly (2009) states that Mall tenant sales declined to10.3% in Jan 2009, which is a slightly better performance than in November and December in 2008. In this case, Borders is a bookstore company which has physical stores and the companys Waldenbooks which is a brand based on mall. In this case, Borders consumer traffic also will be affected by the decrease of consumers in shopping malls and it is clearly that the profit of Borders also will be affected.

Is Profit Maximization Consistent With Wealth Maximization Finance Essay

Is Profit Maximization Consistent With Wealth Maximization Finance Essay The objective of the firm is to make profits by meeting the needs of stakeholders. Generally, ceteris paribus, the objective of the firm is to maximize its ultimate value through profit maximization, while incurring the lowest costs. Basically, the ultimate objective of the firm is to acquire maximum profits and wealth for its shareholders. It is important to note that, the value of the firm is signified by the existing market prices of the corporations common stock market. In this respect, the maximization of the shareholders wealth is enhanced by the acquiring of maximum profits at the lowest level of expenditure. As it has been revealed, there exists a very strong co-relation between profit maximization and wealth maximization, where each of them forms part of the objective of the firm. In this case, the total earnings do not represent the ultimate value of the corporation but the profits accrued from the employed resources. Generally, any firm would be run towards acquirement of high profits which represent its actual wealth for its shareholders (Westerfield 23-75). Firms exist to meet the needs of stakeholders and to provide an efficient way of producing in a non-price environment. Firms exist to meet the needs of the populace in an efficient and a sustainable manner. 2. Is profit maximization consistent with wealth maximization? Why or why not? Profit maximization is not consistent with wealth maximization. It has some drawbacks and cannot be used for effective evaluation on the performance of the firm. On the other hand, wealth maximization, which is also known as the net present worth of a firm can be used to evaluate the performance of the firm. Wealth maximization is seen as more comprehensive and superior than profit maximization. Profit maximization deals with minimizing short term profits and is not forward-looking. Again, the profit maximization objective does not factor in time value of money considerations. Therefore wealth maximization is superior because it is a long term objective and considers the time value of money by discounting cash flows to the present time. Additionally, wealth maximization considers uncertainty by discounting at the required rate of return and considering the other stakeholders of the firm. Profit Maximization Wealth Maximization It is not clear on when the profit is counted as profit whether this should be before or after tax. Another uncertainty involves the long-term or short-term profit. Short term profit can be foregone by avoiding some expenditure but in the long run, these expenditures have to be paid for. Therefore long term profit has to be considered, and not short term profit. Wealth maximization shows the present value of benefits minus the cost of the investment. Profit maximization does not factor in risk. Different projects have different degrees of risk of future earnings. A project with fluctuating earnings is not the same as one with certainty earnings. By not looking at the risk factor of projects, profit maximization cannot be used for the operational objective of the firm. Risk is considered in wealth maximization as the discounted rate used to determine the present value of future cash flows factors in the risk. Lastly, profit maximization does not factor in the time value of money. A dollar spent today is not equivalent to the same dollar spent tomorrow. Cash drawn from a project in different years is considered the same, which is not realistic. Wealth maximization considers the time value of money as the cash drawn from a project in different years are not the same. The discounted rate that determines the present value of future cash flows shows both risk and time. 3. Describe the three main decisions in Corporate Finance The three main decisions in Corporate Finance are: (a) Investment Decision (Allocation) There are two key questions that are looked into when a firm wants to make an investment. What is a good investment? The firm looks at the various investment options in the market, for instance real estate investments or stocks investments. The risk involved and the returns to be gained. Where will the firms resources be invested? Here, it is important that the firm does not put all their resources into one basket. For instance, the firm may decide to invest a certain percentage of their resources in either stocks or real estate. Further, the pattern and the level of investment would be determined in which each investment plan is evaluated on the risks involved together with its ultimate returns expected. It is important to note that, the pattern of investment would still be an important factor to consider since each individual plan of investment would be accompanied with its benefits and risks. (b) Financing Decision Primarily, the financial decision considers where the firm would raise the funds for these investments. Will the firm use the shareholders/owners funds or borrow from the bank? The mix of equity and debt is what is considered in the financing decision. When, where and how to acquire the money to meet the firms needs. In this case, the finance managers ought to decide on the financing strategy of the firm, in which the evaluation of various sources of finance to cater for the running of firms activities would be made. Basically, each source of capital would be evaluated with the level of interests to be paid for the amount of money acquired. Capital Structure Modigliani y Miller (1958) how much should a firm borrow? (c) Dividend Decision The dividend decision is concerned with how much of the firm profits should be given to the shareholders, and how much of it should be reinvested. A dividend policy should be determined. the dividends decision would be made in order to determine the amount of the profits to be ploughed back into the firm depending on the amount of profits made (Westerfield 23-75). Dividend policy Modigliani y Miller (1961) another irrelevance proposition Another finance decision worth mentioning is the liquidity decision, whereby a firm looks at how to manage working capital and its components. 4. What is a hurdle rate? Why is it important? Also known as the cut off rate, the hurdle rate is the minimum expected return a firm will consider in accepting investment decisions. If a firms proposal own internal rate of return, r, is greater than the minimum rate of return, k, then it is acceptable. The r is internal to the project while the k (hurdle rate) is external to the project. The hurdle rate is used to make a decision based on the Internal Rate of Return (IRR) method which takes into account the cash flows occurring at different times and adjusts them according to the time value of money. The hurdle rate is very important as it enhances the planning of the investment patterns and levels since the firm establishes investment patterns which would the highest possible minimum returns. Basically, hurdle rate determines on how to acquire investment capitals as those capital sources with very high interest rates would not be economical to choose. The hurdle rate represents the internal rate of return of any investment since the finance manager would be in a position to decide on various allocation within the firm, on the basis of the hurdle rate set in the firm. 5. What are the main components of a discount rate? The discount rate is the rate at which money values are discounted at various times, within an investment period. Discount rates are comprised of three main components which include the interest rate of money, level of inflation and risk premiums involved. More specifically, the interests rates at which money capital is allocated comprises of the discount rates in any projected investment project. Specifically, the interest rate of money is the return got from delaying consumption. More so, the level of inflation in the country determines the value of money. This is because the level of inflation determines the purchasing power of money, which represents the ultimate value of money. Lastly, risks involved in the investment venture are another important component of the discount rate. Generally, highly risky business ventures would always have high discount rates. In this respect therefore, it would be very important for the finance manager to determine the discount rates to be used i n the calculation of the cash-flows in the business venture (Westerfield 23-75). 6. Define the Efficient Market Hypothesis Efficient market hypothesis is an investment assumption that postulates that, financial markets are efficient in providing information about the market returns from any form of investment. More specifically, in efficient market hypothesis, investors are controlled by the existing market conditions in terms of the financial stability or conditions of the money market. It is important to note that, inflation level and economic conditions of the country determines a lot on the efficiency of the financial information given by the market in terms of money interests and capital returns. In this regard, investors need to evaluate their investment ventures on the basis of the existing conditions or the information got from the financial markets which are considered to be the accurate in providing financial information (Higgins 12-43). 7. Describe the three forms of efficiency The 3 forms of efficiency are the strong-form efficiency, semi-strong efficiency and weak-form efficiency. In the form weak-form efficiency, all the information in the past stock-price fluctuations is totally shown in the present prices. This means that, the information provided is to compare the current price levels with the past prices. The semi-strong form involves the reflection of all publicly available data about the current prices in the market. In this form, there is some information that is withheld among the investors but most of the information is availed to the general public. On the other hand, the strong-form of efficiency in the market reflects all relevant information in the money market, whether withheld or publicly available. Here, the investors have the opportunity to explore in-depth all the trends of the money market in order to make reliable information about their investment (Westerfield 23-75). 8. What is the difference between Technical Analysis and Fundamental Analysis? Technical Analysis Fundamental Analysis Technical analysis is an appraisal strategy in the money market that looks at the price movements in the market in order to establish their security levels for investors to decide on how to choose their investment plans. Fundamental analysis on the other hand refers to the economic factors facing the money market in which each of the statement is presented in financial statements as opposed to technical analysis which uses using charts. Technical analysts usually use information found in charts and graphs to determine the financial worth of the company. Generally, fundamental analysis determines the ultimate value of the company by examining its financial statements like balance sheets and income statements among others. technical analysts use shorter periods of time in their determination of the worth of the company Fundamental analysis involves a log period of time in which the financial worth of the business ought to be devised using subsequent fiscal periods but not one period Information derived from (Higgins 12-43) 9. Do you believe markets are efficient? I believe that markets are not as efficient as economists reveal that they are. The major reason is because various market conditions are controlled by external factors which they have no control over them. In this respect, it would be difficult to determine the efficiency of the market or to predict the conditions of the market on considerations that, these external factors are also controlled by other forces. For instance, markets are often controlled by inflation rates and interest rates which are factors beyond the control of the market itself. On this consideration, it would be very important for any investor to note the unpredictability of the markets in order to make appropriate investments. There is no perfect information in the market. It is on this basis therefore that I believe that markets are not efficient at all (Westerfield 23-75). 10. Efficient Market Hypothesis Which of the following statements are true if the efficient market hypothesis holds? a. It implies that future events can be forecast with perfect accuracy. b. It implies that prices reflect all available information. c. It implies that security prices change for no discernible reason. d. It implies that prices do not fluctuate. If efficient market hypothesis holds, the future events can be forecasted with ease. This is because, all the information concerning stocks in the stock market would be well presented in a more accurate way, to reflect on the subsequent trends expected in the future in the market. In this respect therefore, if the efficient market hypothesis holds, it would enhance easiness in predicting any future trends of investment as the information in the market would be quite reliable. More so, if this hypothesis holds, the information provided would be reflecting all the prices that would be available in the market. This is because; every price presented in the market information would greatly imply a predictive nature of the prices in the future markets. Generally, if the efficient market hypothesis holds, then the above two statements would be true (Higgins 12-43).

Euthanasia Essay - Religious Views on Assisted Suicide -- Euthanasia P

Official Religious Views on Euthanasia and Assisted Suicide      Ã‚  Ã‚  Ã‚   This essay is dedicated to the expression of the various official views of religious bodies within our nation. Most major denominations are represented. These religions have long been the custodians of the truth, serving to check the erratic and unpredictable tendencies of political, judicial and social bodies which would have Americans killing off their elderly and handicapped.    The National Association of Evangelicals believe that human beings are made in the image of God and are, therefore, of inestimable worth. God has given people the highest dignity of all creation. Such human dignity prohibits euthanasia, that is actively causing a person's death.    Is it moral to withdraw a life-support system which is believed to be an inappropriate extension of the dying process? The National Association of Evangelicals (NAE) believes that in cases where patients are terminally ill, death appears imminent and treatment offers no medical hope for a cure, it is morally appropriate to request the withdrawal of life-support systems, allowing natural death to occur. In such cases, every effort should be made to keep the patient free of pain and suffering, with emotional and spiritual support being provided until the patient dies. The National Association of evangelicals believes that in cases where extensive brain injury has occurred and there is clear medical indication that the patient has suffered brain death (permanent unconscious state), no medical treatment can reverse the process. Removal of any extraordinary life-support system at this time is morally appropriate and allows the dying process to proceed.(National)    The Union of Orthodox... ...rson cannot be legitimately interrupted. The use of painkillers to alleviate the sufferings of the dying, even at the risk of shortening their days, can be morally in conformity with human dignity if death is not willed as either an end or a means, but only foreseen and tolerated as inevitable. Palliative care is a special form of disinterested charity. As such it should be encouraged. (Catechism) WORKS CITED: National Association of Evangelicals of America http://www.euthanasia.com/evangel.html Union of Orthodox Jewish Congregations of America http://www.ou.org/public/statements/1999/nate43.htm   Lutheran Church - Missouri Synod http://www.euthanasia.com/missouri.html Reformed Church in America http://www.euthanasia.com/lakes.html Catechism of the Catholic Church http://www.euthanasia.com/catech.html

Four Views of The Sick Rose :: sick

Four Views of The Sick Rose Four Works Cited By analyzing more information from different authors, I was able to draw a greater amount contrast from the authors. I had a better feel for what they were trying to convey when they wrote their critical essays in their books. Whatever the case, it was easier to judge "The Sick Rose" by having more sources to reflect upon. Michael Riffaterre centers his analysis of "The Sick Rose" in "The Self-sufficient Text" by "using internal evidence only [to analyze the poem] and to determine to what extent the literary text is self-sufficient. It seems to [Riffaterre] that a proper reading entails no more than a knowledge of the language" (39). Riffaterre identifies psychological, philosophical, and genetic interpretations (connected to "mythological tradition") as "aiming outwards." These approaches find the meaning of the text in the relationship of its images to other texts" (40). Riffaterre argues for a more internal reading of the poems. Riffaterre emphasizes the importance of the relationships between words as opposed to their "corresponding realities" (40). For example, he states that the "flower or the fruit is a variant of the worm's dwelling constructed through destruction. Thus, as a word, worm is meaningful only in the context of flower, and flower only in the context of worm" (41). After Riffaterre's reading and interpretation of the poem, he concludes that "The Sick Rose" is composed of "polarized polarities" (44) which convey the central object of the poem, the actual phrase, "the sick rose" (44). He asserts that "because the text provides all the elements necessary to our identifying these verbal artifacts, we do not have to resort to traditions or symbols found outside the text" (44). Thus, "The Sick Rose" is a self-sufficient text. Hazard Adams takes a different approach to reading "The Sick Rose" than most critics by cautioning the reader that often one "overlook[s] the fact that a literary image primarily imitates its previous usages and secondarily what it denotes in the outer world or in the realm of ideas" (13). Adams begins his analysis with examining the rose, and by reminding the reader that in a "literary world where the rose is seen archetypally, all things have human form" (14). Thus he allows for the rose to be able to become part of the speaker. He carries his idea one step further by suggesting that the speaker always "address[es] some aspect of himself" when speaking to an object.

Mark Edmundson’s Critique

Critique: Our Views of Online Education In Mark Edmundson's article discussing online education, he makes many valid points about an online education short comings. His reaction, however, is based solely on traditional education and is limited to such online study. He focuses primarily on student teacher interaction and oftentimes states how such communication cannot be factored into online courses. He argues that a large lecture course with face to face contact and student teacher dialogue benefits the student more; opposed to online courses with contrasting features.While this is valid, Edmundson does not consider that these issues can be worked around and that there are many pros to online education as well. Edmundson’s passage states teacher-student interaction is vital in obtaining an education. This particular form of contact has proven to keep students engaged in the learning process. Also, teacher-student interaction allows for teachers to monitor each individual stude nts’ progressions and shortcomings throughout the course of study.In Edmundson's article, he states that teachers should make it necessary to learn who their students are and adapt to their ways of learning as well as helping them grow. I strongly agree with this point of view. Many times, students who are having a hard time grasping studies find themselves somewhat bashful or embarrassed and become hesitant to speak up. This causes them to be outshined by others who may be more vocal and grasp the information quicker. Having that teacher-student connection with online education is extremely vital. Since you're not studying in a traditional classroom, you'll also miss having face time with other students.This can deprive you of important networking opportunities for your future career, as well as basic social interaction. The article states that Edmundson is adamant that in order for students to excel and obtain information, a teacher should be adaptive to their students lear ning style. Having real life courses are extremely helpful in this case. Individuals who are more comfortable with one on one meetings should totally be allotted the option of having a professor on hand to call on and meet with. Also, students who adapt more to group learning need real courses as well.Having course mates and interacting in open course discussions are great examples of the benefits of teacher-student interaction. It is also proven that students can; in fact, teach teachers. Open course discussions are the perfect time to share. When studying an appointed topic, some students go above and beyond the requirements and obtain additional knowledge that the teacher or students may or may not know. Edmundson makes several valid points about being opposed to online education. He speaks volumes about the pros of choosing a traditional, face to face education.In some ways, I agree with his argument that not having that interaction amongst the teacher and student kills the stud ents chance of receiving fair education. However, I disagree with some other things he stated. What Edmundson fails to consider is the mere fact that online teachers carry the same capabilities as traditional teachers. Students’ progress can still be monitored, test and other assignments can still be administered and in the end, grades will still be obtained. Although there is no physical connection, the online teacher can still communicate and work online with their students’ via-email and lectures.The downside of email communication is that delay time in an answer being received. There are some online schools which have courses with virtual lectures or conference lectures which give an overall classroom feeling where there is dialogue. In my opinion, online college instructors gain access to students that is at least equal to the access to students of those instructors who are teaching courses in traditional colleges. Online colleges also serve as an alternative for some aspiring students who cannot attend traditional colleges.These may be students who have encountered hardships that eliminate their option to attend a traditional school. Online schools may, in this case, serve as an alternative; online college may be more convenient. Aspiring students seeking to pursue or further their education may be wrapped up in day to day chaos that enables them to reach a campus and online courses just may fit with their busy schedules. In some cases, lack of transportation may be a rendering factor as well. Another riveting factor may be monetary situations; online colleges may have courses that are more affordable than those of a traditional university.Edmundson's article was captivating and indeed informative. He metaphorically spoke of a teacher being taught by a student which caught my attention. Had that teacher ever been that student? It's a cycle that I'm sure will not end. A degree is in fact the goal. Whether it's online schools or â€Å"real l ife† a degree is sought. Teachers and students, in my opinion, should at some point in time have some sort of physical communication but that is not that a vital source of learning. If an education is sought it can be obtained regardless of any physical contact. The source of education ultimately depends on the students drive and initiative.

Fundamentals of Local Area Networks

1. A family wishes to connect several devices to share an internet connection and a Bluetooth wireless printer. They have three personal computers. One is in the same room as the printer. The other two are together in another room. In addition, they want to utilize the network for an internet-enabled television and a VoIP phone. †¢Describe what network device or devices you would recommend they purchase and explain why. My recommendations for this family are to subscribe to a cable internet or DSL service provider. They will need a modem which acts as the gateway for their network.I would have then purchase a wireless Concurrent dual band 802. 11n router and wiring that connect the modem to the router. This would allow them to connect all of their devices over a wireless network and would enable them to send print jobs to the printer through the Bluetooth connection; they will be able to connect their internet-enabled TV thru the wireless network. I would recommend them to purch ase a VoIP phone that can be connected into their computer or router. I feel that this would be the simplest solution for this family. Describe the media utilized. The type of media that will be utilized is wireless 802. 11 for the network and 802. 15. 3 for the Bluetooth printer (Kay, 2006). 2. An enterprise level company wishes to set up a network to support several hundred business users as well as manufacturing equipment in a new building. Describe what network device or devices you would recommend they purchase and explain why. My recommendations would be they purchase: Network switch this is a network appliance used for routing information from one computer to another similar.Routers act as a network gateway, and are often used between an organization's local network and the Internet this would give them a good firewall. Bridges help to direct the traffic over the network. Cat 6 cabling will be used to connect each work station. Fiber-optic cabling will be used to connect hubs to each other. Servers they will manage the access service in the network. †¢Make a list describing different common types of server applications. File serving allows users to share information over the network.The main purpose of a file server is to reduce the amount of storage programs, applications, and files take up on a client’s workstation. A file server can also house database table information (White, 2011). Mail serving is a computer that keeps a record of each email that goes in and out of the network (White, 2011). Print serving usually a computer that is connected to one or more printers that other client workstations can connect to, that accepts print jobs and sends them to the appropriate printer or assigns the print jobs the appropriate priority (White, 2011).Video/media serving this allows for streaming of videos on demand, and for the storage, and recall, of digital media, including pictures, music, and videos (White, 2011). Monitoring and Distributed P rocessing can s be utilized to monitor network resources and health, but when workstations are idle, the processor’s power can be put to good use by applying that power to other processes, thus by increasing overall efficiency (White, 2011). †¢Show which of these applications would you combine together on a single server and which you would use separate servers for.Explain your choices of which to combine and which to leave separate. The applications I would combine are the mail serving, file serving, video/media serving because combining these file will save a lot of storage space. This is the setup we have at my job and it works well. 3. For the network that you have chosen to characterize, identify all network devices utilized and explain the purpose of each in the network. The following devices make up my network a cable modem, this act as the gateway to the internet.A wireless router this device connects all the computers and printer to my network, allowing them to communicate and access the internet. Through the wireless access to the network, they will also have access to the print server, which is housed on the main computer, and thus the printer. References: Kay, R. (2006). UWB, Bluetooth and IEEE 802. 15. 3 Retrieved from: http://www. computerworld. com/s/article/110298/UWB_Bluetooth_and_IEEE_802. 15. 3 White, C. (2011). Data Communications and Computer Networks. (6th ed. ).Cengage Learning. Unit 5 Assignment Rubric Project Requirements|Possible Points|Earned Points| A family wishes to connect several devices to share an internet connection and a bluetooth wireless printer. They have three personal computers. One is in the same room as the printer. The other two are together in another room. In addition, they want to utilize the network for an internet-enabled television and a VoIP phone. Describe what network device or devices you would recommend they purchase and explain why. Also describe the media utilized.Note, you are not required t o detail the topology utilized, but thinking about this will help you to choose and justify your device choices. |15|| An enterprise level company wishes to set up a network to support several hundred business users as well as manufacturing equipment in a new building. Describe what network device or devices you would recommend they purchase and explain why. Note, you are not required to detail the media or topology utilized, but thinking about these will help you to choose and justify your device choices. 15|| Make a list describing different common types of server applications. Show which of these applications you would combine together on a single server and which you would use separate servers for. Explain your choices of which to combine and which to leave separate. |10|| For the network that you have chosen to characterize, identify all network devices utilized and explain the purpose of each in the network. |15|| Total (Sum of all points)|55|| Point deducted for spelling, gra mmar and/or APA errors|| Adjusted Total points|||