Robert Siricos Samaritans Dilemma :: essays research papers

In the paper Samaritan’s Dilemma, Robert Sirico claims that cause isn't generally useful to society. He suggests that a few people exploit others benevolence, for this situation, soup kitchens. To help his case, Sirico recounted to an account of when he was preparing to be a cleric. He expresses that every Friday he would help set up and serve a free feast to those out of luck, normally 200 to 500 individuals. One Friday after the feast, he and a companion tidied up then went to a fish bar right down the road. While eating the two men understood that the soup kitchen they had recently got done with working at was rivalry to the fish bar and other encompassing cafés. They understood that their cause was making it harder for different business people to get by and accommodate their families. Sirico essentially expresses that when individuals are looked out for â€Å"hand and foot† they become increasingly dependant on others, in this manner, making it significantly harder for them to escape neediness. He additionally suggests that offering â€Å"handouts† to individuals supports lethargy. He says, â€Å"When noble cause makes a disincentive for a healthy individual to work, it drives this individual down an inappropriate way. It supports lethargy. Genuine work furnishes the person with the vehicle for a beneficial and upright life. It gives an individual confidence and a task to carry out in society.† The help he utilizes doesn't support his case, however. For instance, the examination Sirico makes of the soup kitchen to a fish bar is immaterial. He states, "Just a street or two away we give an item and an assistance that put forth this present man's attempt to accommodate his own family more difficult.† A soup kitchen and a fish bar are not equivalent. The bar has the aim to bring in cash, though a soup kitchen isn't keen on cash. Soup kitchens are there with the end goal of individuals who can't stand to eat at different spots. The speaker never expresses the costs or nature of food at the bar. This data would enable the peruser to perceive the likenesses and contrasts between the two. Sirico neglects to make reference to different eateries that are additionally the bar proprietor's opposition. Encompassing eateries might be taking business from the bar, not the soup kitchen. Furthermore, Sirico utilizes deficient individual experience to propose that individuals are exploiting good cause. Subsequent to watching individuals going to the soup kitchen, Sirico saw a couple that "told me they expected to eat rapidly in light of the fact that they were wanting to go out to shop after supper.

Lord of the Flies Narrative Poem Essay

I, the island, in solitude in the ocean, Have been attacked by humankind. A plane smashed while getting away from war, What's more, left a few students upon my shore. In my wilderness, a scar their cylinder made, What's more, at the same time, my tranquility it took. Two young men blew into a shell from my sea shore. All came to whom the sound reached. They concluded that they required a boss, What's more, Ralph was picked, to Jack’s misery. The young men imagined that endurance would be entertaining, In any case, would they say they were prepared to complete the work? Their satisfaction didn’t last and fears rose. A snake-monster was spotted by a littlun’s eyes. They chose to assemble a sign fire upon my mountain head, Yet, crazy, the fire spread. Missing is the littlun who saw the monster, However the young men don’t appear to mind that he’s likely expired! Pig chasing became Jack’s fixation. The young men relinquished structure hovels in their offense. Just Ralph and Simon stayed to work, While in my washing pool the rest lurked. Simon is the one in particular who regards my excellence. Why is salvage not everyone’s top need? The littluns are scarcely being dealt with, The more seasoned young men disregard to give them love. Jack and the young men chased pigs and let the fire bite the dust. Ralph blew up, there was no sign as a boat cruised by. The young men got a pig so they serenade and move, Be that as it may, spirits were hosed at the passing of a salvage possibility. The boys’ hard working attitudes, Ralph doubted: Pooping all over the place, poor haven, fire gone out! On account of Jack, the brute kept on bringing dread, The littluns professed to have seen it close. The voices of Piggy and Simon are stayed silent, What's more, Jack lead the others into a distracted uproar. Upon my mountain a dead parachutists landed, The twins spotted it and got down to the sand. They professed to have detected a monster on my slope, Presently all the young men need to do is to discover it and slaughter. They looked through a cavern however the animal was not there, Truth be told there was no monster anyplace! Ralph is losing control of the brutal young men, So much discussion of monsters is simply futile clamor. The genuine insidiousness is inside the human psyche, Be that as it may, to this reality these young men seem, by all accounts, to be visually impaired. Because of these youngsters, my property has been cut, I trust that they disregard me again soon.

Virtual Reality, Startups, and Donuts

Virtual Reality, Startups, and Donuts Cue Monday afternoon. Im hungry because I decided to not spend money for lunch and just wait for dinner. -Minutes later- I was walkin through the Stata Center, when out the corner of my eye, I saw this pretty little thing in front of me: Aint No Rest for the Hungry. After taking a donut from the mysterious donut wall, I looked around the lobby. Apple pie, caramel popcorn, brownies, blondies, chilled apple juice, and fresh quinoa. There were at least five tables full of food and drinks. The event was put on by the Division of Student Life and was a welcoming of the new Vice President and Dean for Student Life, Suzy Nelson. I sat down and worked for a bit while enjoying the food. Good luck to Suzy on taking on this important position. -One hour and a thousand calories later- I went to an event put on by the MIT Innovation Initiative and the Gordon-Engineering Leadership Program called Startup War Stories from the Trenches: Applicon. The four founders were inspired by Ed Roberts, a professor at the MIT Sloan School. They had listened to Ed present a study that reported that 80% of Lincoln Lab startups were still successful after 5 years. The founders, who were Lincoln Lab Ph.Ds, were exploring methods for improving electronic circuit design using computer aid, and so they founded Applicon in 1969. They admitted that they had a strong EECS background but no business experience and little understanding of the real-world marketplace. They developed prototypes of 4 computer aided design products in first year, but only one succeeded. Traditional VC funding was not common at the time, so they instead obtained an $800K investment ($5.2 million today) from W.R. Grace. They went through a whirlwind of hardships, from Grace cutting their investment in half to having to fire non-essential employees. After two years, they finally closed sales for their product and started gaining traction. Later Applicon went public and was then acquired by Schlumberger in 1981 for approximately $232 million in todays dollars. The Applicon founders stressed that startups can be hard on personal relations. Many founders end up getting divorced during their startup (Elon Musk and Noah Glass of Twitter come to mind). They also stressed that personalities matter in a founding team, so choose carefully. -That evening- Time for some virtual reality. [emailprotected] was throwing a demo night in the student center, showcasing the latest and greatest consumer VR tech. They had HTC Vives, Oculus Rifts, Samsung Gear VRs, and some other tech that even I didnt recognize. Picking up virtual boxes with the Oculus Rift Watching a magazine come to life with augmented reality This January, [emailprotected] is teaching the first ever virtual reality IAP class. Theyll take around 40 students through the adventure of creating their own virtual reality experience. Therell also be a competition with a demo day and prizes. Its exciting to see how big [emailprotected] has grown in just the couple of months since they started in February. I knew the people who started it when they started it and I got to see build this community out of scratch. I think a lot of times we forget that MIT isnt a static being with x number of majors and x number of clubs. Its a dynamic being thats the sum total of the creativity and ambitions of its students, faculty, and alumni. New initiatives arise, new majors form, old majors discontinue. Its what keeps MIT on the cutting edge. Ed Roberts founded the Martin Trust Center, the space that I spend all day every day working in. Applicon was one of the first manufacturers of CAD tools. [emailprotected] started as an idea and now they have their own class. Suzy Nelson is just at the start of her journey, and has the potential to instate new initiatives for student life. I see these people all around me creating things, and it pushes me forward because I want to create things too. Post Tagged #[emailprotected]

Virtual Reality, Startups, and Donuts

Virtual Reality, Startups, and Donuts Cue Monday afternoon. Im hungry because I decided to not spend money for lunch and just wait for dinner. -Minutes later- I was walkin through the Stata Center, when out the corner of my eye, I saw this pretty little thing in front of me: Aint No Rest for the Hungry. After taking a donut from the mysterious donut wall, I looked around the lobby. Apple pie, caramel popcorn, brownies, blondies, chilled apple juice, and fresh quinoa. There were at least five tables full of food and drinks. The event was put on by the Division of Student Life and was a welcoming of the new Vice President and Dean for Student Life, Suzy Nelson. I sat down and worked for a bit while enjoying the food. Good luck to Suzy on taking on this important position. -One hour and a thousand calories later- I went to an event put on by the MIT Innovation Initiative and the Gordon-Engineering Leadership Program called Startup War Stories from the Trenches: Applicon. The four founders were inspired by Ed Roberts, a professor at the MIT Sloan School. They had listened to Ed present a study that reported that 80% of Lincoln Lab startups were still successful after 5 years. The founders, who were Lincoln Lab Ph.Ds, were exploring methods for improving electronic circuit design using computer aid, and so they founded Applicon in 1969. They admitted that they had a strong EECS background but no business experience and little understanding of the real-world marketplace. They developed prototypes of 4 computer aided design products in first year, but only one succeeded. Traditional VC funding was not common at the time, so they instead obtained an $800K investment ($5.2 million today) from W.R. Grace. They went through a whirlwind of hardships, from Grace cutting their investment in half to having to fire non-essential employees. After two years, they finally closed sales for their product and started gaining traction. Later Applicon went public and was then acquired by Schlumberger in 1981 for approximately $232 million in todays dollars. The Applicon founders stressed that startups can be hard on personal relations. Many founders end up getting divorced during their startup (Elon Musk and Noah Glass of Twitter come to mind). They also stressed that personalities matter in a founding team, so choose carefully. -That evening- Time for some virtual reality. [emailprotected] was throwing a demo night in the student center, showcasing the latest and greatest consumer VR tech. They had HTC Vives, Oculus Rifts, Samsung Gear VRs, and some other tech that even I didnt recognize. Picking up virtual boxes with the Oculus Rift Watching a magazine come to life with augmented reality This January, [emailprotected] is teaching the first ever virtual reality IAP class. Theyll take around 40 students through the adventure of creating their own virtual reality experience. Therell also be a competition with a demo day and prizes. Its exciting to see how big [emailprotected] has grown in just the couple of months since they started in February. I knew the people who started it when they started it and I got to see build this community out of scratch. I think a lot of times we forget that MIT isnt a static being with x number of majors and x number of clubs. Its a dynamic being thats the sum total of the creativity and ambitions of its students, faculty, and alumni. New initiatives arise, new majors form, old majors discontinue. Its what keeps MIT on the cutting edge. Ed Roberts founded the Martin Trust Center, the space that I spend all day every day working in. Applicon was one of the first manufacturers of CAD tools. [emailprotected] started as an idea and now they have their own class. Suzy Nelson is just at the start of her journey, and has the potential to instate new initiatives for student life. I see these people all around me creating things, and it pushes me forward because I want to create things too. Post Tagged #[emailprotected]

Example of profit growth in a UK retailer - Free Essay Example

Sample details Pages: 7 Words: 2035 Downloads: 2 Date added: 2017/06/26 Category Finance Essay Type Analytical essay Level High school Did you like this example? Title: Corporate Finance à ¢Ã¢â€š ¬Ã¢â‚¬Å" Topps Tiles 1. Topps Tiles is one of the leading UK retailer and distributor of ceramic tiles, wooden flooring and related products. It is a FTSE 250 index company. Don’t waste time! Our writers will create an original "Example of profit growth in a UK retailer" essay for you Create order Topps Tiles is a highly cash generative company with rapidly increasing earnings per share. Over the last five years, its earnings per share have increased from 2.6 p to 11.3 p à ¢Ã¢â€š ¬Ã¢â‚¬Å" annualised growth of 44% (See exhibit 1 for earning per share and dividend history). Its cash inflows have also increased substantially. In the year ended 2 Oct 2004, Topps Tiles had cash inflows of  £13.3m before financing, a significant growth in cash inflows over the corresponding figure of  £10.3m for 69 weeks ended 27 Sep 2003. The cash balance at 2 Oct 2004 was  £29.6m as compared to  £18.6m on 27 Sep 2003, a 50% increase in one year. The company has long term interest bearing debt of  £6.5m only, which means it has negative net debt of - £23.1m. The cash balances are so high that the interest received at  £0.93m is more than twice of interest paid at  £0.4m. While the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s profits and cash are rising, it is finding tough to employ them at new projects. The increase in cash balance is even after  £8m on capital expenditure. Faced with a rising profits and lesser options to employ cash, the management of Topps Tiles has decided to distribute increasing amounts of cash to shareholders in terms of higher dividends. Exhibit 1 shows the growth in profit after tax, which is in line with growth in earning per share. This shows that earning per share and dividend per share growth is not because of reduction in number of shares. Exhibit 1 also shows dividend cover over the five year period. The dividend cover has decreased from 3.05 in 2000 to 1.41 in 2004. This shows not only that the management wants to return excess cash to investors in terms of higher dividends but also that it is confident of generating enough profits and cash in future to meet high dividends. The company mentioned in its 2004 Annual Report that the Board is committed to maintaining progressive dividend p olicy (Topps Tiles, pg. 3). One of the ways of measuring success of dividend policy would be to analyse abnormal share price movement in two days following dividend announcement. Increase in share price in line with increase in dividend is probably the indicator that the dividend policy is successful. Also higher current dividend may signal greater expected earnings (Dickens, Casey Newman, 2003). Topps Tiles announced its last dividend on 30 Nov 2004. Exhibit 2 shows the percent change in Topps Tilesà ¢Ã¢â€š ¬Ã¢â€ž ¢share price, General Retailer Index and FTSE All Share Index over the two day period surrounding 30 Nov 2004. It is better to compare Topps performance with the General Retailer sector than overall market. The two day change in Topps Tilesà ¢Ã¢â€š ¬Ã¢â€ž ¢ share price was 16.3% as compared to 0.5% change in General Retailer index and -0.2% change in FTSE ALL Share Index. Hence the abnormal movement in Topps Tilesà ¢Ã¢â€š ¬Ã¢â€ž ¢ share price with respect to Gen eral Retailer Index was 15.8% in the period surrounding dividend announcement. This significantly high upward movement proves that Topps Tilesà ¢Ã¢â€š ¬Ã¢â€ž ¢ dividend policy is successful and investors have now more faith in managementà ¢Ã¢â€š ¬Ã¢â€ž ¢s ability to maintain and increase high dividends. 2. One of the ways of measuring success of dividend policy would be to analyse the change in share price with respect to change in industry sector index. Managers should compare the percent change in Topps Tiles share price with index over the medium term. In established and mature companies, increase in dividend increases share price. If the percent change in Topps Tiles share price is statistically higher than the percent change in sector index price, then the management has done well to convey the message to shareholders and market in general through dividend policy. Also managers should compare Topps Tilesà ¢Ã¢â€š ¬Ã¢â€ž ¢ abnormal share price movement near dividend a nnouncement date with abnormal share price movements near dividend announcement dates of some of its peer group companies. If abnormal percentage increase in price in two days following the dividend announcement is more than the corresponding movement in peer companiesà ¢Ã¢â€š ¬Ã¢â€ž ¢ share price, then Topps Tiles dividend policy is successful. Managers could also look at change in profile of shareholders over time to analyse the impact of dividend policy. There are many institutional funds that invest in dividend yielding stocks only. If the ownership has changed in favour of income and dividend favouring financial institutions, then increase in dividend policy is successful. Another indicator of successful policy would be adoption of similar dividend policy by per group. Companies are many times forced to adopt better dividend policies of their peer companies because of market expectations. If after Topps Tiles adoption of higher dividend payout policy, other companies hav e also adopted similar dividend policy over time then Topps Tiles dividend policy is successful. 3. According to Dividend Growth Model, a firmà ¢Ã¢â€š ¬Ã¢â€ž ¢s share price is the present value of its future dividends. The mathematical representation of the above statement is Share price = D1 / (r-g) (I) Where, D1 = expected dividend next period r = return on equity g = dividend growth rate (in perpetuity) D1 = Dividend in current period (D) * (1+g) In case of Topps Tiles, the company announced a dividend of 8.0 pence (D) for the year ended 27 Sep 2004. The one year growth rate of dividend was 130%. The expected return on equity, r = 10% Using equation I and assuming that current one-year growth in dividend is maintained till perpetuity, we get Expected share price = 8*(1+130%) / (10% 130%) Since the growth in dividend is more than the return on equity, the denominator is a negative number and the above equation is not valid in this case. As the growth of earnings is more than the increase in discounting factor, the Dividend Growth Model would give an infinite share price. The annualised dividend growth over the five year period is 74.5%. Since this is also more than the expected rate of equity, the Dividend Growth Model would again fail to give a proper share price. The share price on 7th April 2005 is 184.5 p (Source: https://uk.finance.yahoo.com/q?s=TPT.L). Since this a finite number, if we use Dividend Growth Model then the market is assuming that over longer run Topps Tiles would not be able to sustain such high dividend growth rates and its growth rate would be lower than the expected return on equity. If we now reverse calculate the expected dividend growth rate for a share price of 184.5 p, we get 184.5 = 8*(1+g1)/(0.1- g1) g1 = market expected dividend growth rate = 5.4% Market expects Topps Tiles to grow slightly above average economy growth rate over perpetuity and this is logical as no com pany can ever grow more than average economy growth rate. Moreover in the longer term of 10-15 years, Topps Tiles growth is linked to growth in housing market. Housing market growth over longer term will match growth in economy and population. 4. UK has enjoyed one of the best economic conditions among OECD countries in the recent times. Its economy is strong with increase in companiesà ¢Ã¢â€š ¬Ã¢â€ž ¢ earnings. Employment is at high levels and salaries have also started to increase. Inflation rate is also around 2 % only. Topps Tilesà ¢Ã¢â€š ¬Ã¢â€ž ¢ market is very much related to the housing market in UK. UK has also enjoyed lower interest rates in 2002 and 2003, allowing more people to take higher mortgages. Lower mortgage costs have created more demand for houses. House prices have witnessed double digit growth rate each year in the last few years and thus created a further demand to refurbish houses. Topps Tiles products à ¢Ã¢â€š ¬Ã¢â‚¬Å" ceramic tiles and wooden floorings à ¢Ã¢â€š ¬Ã¢â‚¬Å" are widely used in house construction and refurbishment. Many house owners have used cash release, due to remortgaging, for house refurbishment. So it can be safely assumed that stable and strong economy with rising house prices have helped Topps Tiles perform excellently. Its cash inflows have increased significantly over the years. The company is confident of maintaining strong demand for its products and its ability to generate high profits. Topps Tiles have decided to reward its shareholders with increasing dividends. In absence of suitable number of investments and ever increasing cash inflows, it has not only increased dividends in line with increase in growth but also at a rate higher than growth in earnings. 5. A listed firmà ¢Ã¢â€š ¬Ã¢â€ž ¢s ownership can be broadly categorised into the following categories: High inside ownership. High inside ownership of directors and management should reduce agency problem (Jensen Meckling, 1976). Management uses dividends to reduce agency costs. So when insiders have large stakes, there is very less or no agency costs and hence less need for dividends. Also inside owners can take compensation in other ways which will not result in similar compensation to other shareholders. Dickens, Casey and Newman (2003) found out that inside ownership has negative relationship to dividend yield. Low inside ownership but concentrated outside ownership. Managers in this case may be pressured to act in line with large shareholders so as to safeguard their own jobs. Stagecoach plc is a listed company. Though it is managed by a management with not substantial shareholding, its Chairman has a large stake in the company. Last year the company paid a large special dividend. This allowed Chairman to earn a significant income without having to reduce his stake holding through share selling. Low inside ownership with diverse outside ownership. In the above two scenarios, management is more in contact with major owners and there are less agency costs. Due to diverse ownership in this case, it is very difficult for managers to communicate properly with majority of shareholders. So they use dividends as a device to signalà ¢Ã¢â€š ¬Ã¢â€ž ¢s firm value. Intrinsic model hold that a share price is the present value of its future dividends and so increase or decrease in dividend should result in increase or decrease in market value respectively. So in this case, the managers have more incentives to increase dividends. 6. Investors look at signals to reduce information gap between management and themselves. They look for indicators about business performance and management uses dividend declaration to reduce information gap between them and investors. One of the best ways to remove agency problem is through the dividend policy. Stated dividend policy and dividend declarations help management to communicate its assessment of future business potential. Dividend payments allow investors to judge the thoughts of the management. The investors know that a firm which reports good earnings and pays a regular dividend is confirming in action what it has reported in accounting profits. Due to recent corporate scandals, investors value the information content of dividends more than the reported earnings. Also a consistent dividend policy is better than looking at one dividend alone. Managers can manipulate earnings and pay high dividend in short term. But if the company is facing serious troubles, they canà ¢Ã¢â€š ¬Ã¢â€ž ¢t continue doing so as the firm will face serious cash flow problems. A company which has regularly increased dividends commands more investor faith. Also by increasing dividends, managements send the signal that they feel comfortable about future earnings. If a management is not sure about potential earnings, it would not increase dividend because it may not be able to meet its dividend commitment going forward. Exhibit 1: Topps Tilesà ¢Ã¢â€š ¬Ã¢â€ž ¢ profit after tax, earning per share and dividend growth over the last five years. 53 weeks ended 3 June 2000 52 weeks ended 2 June 2001 52 weeks ended 1 June 2002 Profroma 52 weeks ended 27 Sep 2003 53 weeks ended 2 Oct 2004 Five Year Compounded Annual growth Psot tax profit,  £m 5.53 6.55 8.04 13.12 25.65 Change, % 18.4% 22.7% 63.2% 95.5% 46.8% Basic earning per share, p 2.62 2.96 3.58 5.82 11.30 Change, % 13.0% 20.9% 62.6% 94.2% 44.1% Dividend per share, p 0.86 1.00 1.43 3.48 8.00 Change, % 16.3% 43.0% 143.4% 129.9% 74.6% Dividend cover 3.05 2.96 2.50 1.67 1.41 Source: Topps Tilesà ¢Ã¢â€š ¬Ã¢â€ž ¢ Annual Reports for 2004, 2002 2001 (https://www.toppstiles.co.uk/3/frame-0financial.html) Exhibit 2: Topps Tilesà ¢Ã¢â€š ¬Ã¢â€ž ¢ share price, General Retailer Index and FTSE All Share Index Date Topps Tiles share price, p Two day % change General Retailer index Two day % change FTSE All Share Index Two day % change 29-Nov-04 209.82 2121.0 2365.33 30-Nov-04 214.11 2108.6 2345.21 01-Dec-04 244.10 16.3% 2131.8 0.5% 2359.47 -0.2% Source: www.uk.finance.yahoo.com Bibliography and references Dickens, R.N., Casey, K.M. and Newman, J.A.; à ¢Ã¢â€š ¬Ã‹Å"Bank dividend policy: Explanatory factorsà ¢Ã¢â€š ¬Ã¢â€ž ¢, Quarterly Journal of Business and Economics, Lincoln: Winter 2003, Vol. 41, Iss 1/2 Jensen, M.C., and Meckling, W.H., à ¢Ã¢â€š ¬Ã‹Å"Theory of the firm: managerial behaviour, agency costs and ownership structureà ¢Ã¢â€š ¬Ã¢â€ž ¢, Journal of Financial Economics, October 1976. Topps Tiles, 2004 Annual Report (https://www.toppstiles.co.uk/3/frame-0financial.html)

The Ghost Of Christmas Present - 1566 Words

With this section of the novel concluding, the audience has an invested a substantial amount of hope in the possibility of scrooge altering his miserable ways. Evidenced here ‘No. I should like to be able to say a word or two to my clerk just now! That s all. Showing the audience that Scrooge is starting to comprehend all the lives he has affected negatively. By this part in the novel, dickens introduced the next Ghost, the Ghost of Christmas Present. The ghost of Christmas present takes Scrooge to his clerk`s house. Here he witness the unfortunate conditions of their Christmas, however, it doesn’t appear to be so unfortunate at all; although Scrooge notices how Tiny Tim is crippled and at deaths door. He is moved by this sight, and that of his clerk’s family. He had never imagined their lives to be like this before; however it’s astonishing to him, that although extremely poor, they are full of joy and happiness. He notices the simple pleasures of family life as well. Furthermore something strange begins to happen, he sympathises with Tiny Time, who Scrooge understands will die without financial help. Dickens has showed us how scrooge is changing and learning to sympathise, a â€Å"skill† he previously didn’t have. Spirit, said Scrooge, with an interest he had never felt before, tell me if Tiny Tim will live. Dickens once more showing us scrooges new found affections. Additionally when the Spirit predicts â€Å"an empty chair if things do not change†, Scrooge is quiteShow MoreRelatedChristmas Carol: the Ghost of Christmas Present1185 Words   |  5 PagesChristmas Carol The Ghost of Christmas Present Ghost : Come in, Scrooge! Come in! Come in and know me better, man! I am the Ghost of Christmas Present. Look upon me! You have never seen the likes of me before? Scrooge : Never. Ghost : Have never walked forth with my elder brothers? Scrooge : I dont think that I have. You have many brothers? Ghost : More than 1,800. 1,842, to be exact. 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Victorians in those times, a lot of them lived in poverty, and

NAPOLEON’S INFLUENCE ON MODERN WESTERN MILITARY ARMIES Essay

NAPOLEON’S INFLUENCE ON MODERN WESTERN MILITARY ARMIES History 100, Staff Group A, CGSC Class 14-001 27 March 2014 1 Throughout history, military leaders have immortalized their legacies by vanquishing their enemies in the battlefield against overwhelming odds. Soldiers and historians have revered their accomplishments by studying their mastery in the art of warfare with the hopes mimicking their accomplishments. Of them all, Napoleon Bonaparte is considered the best military leader in the history of the Western World and has been the most influential with the development of modern day Western armies. According to Knox, â€Å"military revolutions are changes in the nature and purpose of war itself.†1 Napoleons military tactics and strategy†¦show more content†¦John A. Lynn, Nations in Arms. in The Cambridge History of Warfare, ed. Geoffrey Parker (New York: Cambridge University Press, 2005), 189. 3 the control of constantly larger and more widely dispersed forces.†5 According to Lynn, by subdividing his army into corps, Napoleon enhanced command and control. It improved logistics, since several corps operating along separate lines of advance could supply themselves more easily than could a single large army operating along a single route.6 In addition to the forming of corps and divisions, Napoleon created brigade and army levels of commands. This unique military organizational structure allowed him to effectively move his large armies and outmaneuver his enemies. Like the French, the U.S. Army’s military organizational structure consists of armies, corps, divisions, brigades, and battalions. The only exception is the regional commands that it uses. Each command level organization consists of a robust staff that assists commanders with developing plans and executing orders. This organizational structure provides an efficient method of commanding and controlling from the lowest to the highest level of commands. The transformation of the French military organizational structure provided better command and control for large armies. However, its use of combined arms allowed the French to annihilate their enemies in the battlefield. â€Å"The French had pioneered the use of combat division, combiningShow MoreRelatedNapoleons Campaign In Egypt1241 Words   |  5 PagesNapoleon Bonaparte was a French military and political leader who significantly influenced European history. Born in Corisca on August 15th 1769, Napoleon first rose to prominence as a general in the French Revolution (Hutt, 4). With his â€Å"strength of will, character, application, and daring† (Napoleon) characteristics, Captain Bonaparte made a name for himself. 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