The Paradoxical Nature Of Love And Higher Being Essays - Philosophy

The Paradoxical Nature Of Love And Higher Being The Paradoxical Nature of Love and Higher Being Over many centuries, the concepts of love and the discovery of ?a higher being? have been mysteries to man. Both ideas have been discussed, analyzed, and disputed by various authors and philosophers. In the ancient past, love and discovery of a higher being have been thought to be primarily positive concepts, experienced only by those who are truly comfortable with their lives and situations. However, beginning in the mid- twentieth century, various poets, and other artists began expressing their emotions from a more vivid, realistic point of view. Love and the search for a higher self were found painful, and strange at times. Both concepts were achieved as a result of searching the soul and finding some type of truth concerning the individual. Various artists realized that in order to achieve or even experience these concepts, one must first experience negativity to grasp the depth of either. Throughout the poem ?In a Dark Time? by Theodore Roethke and the song ?I Want You? by Bob D ylan, one can easily recognize the paradoxical nature of both love and discovery of a higher self. Throughout Bob Dylan's love song, ?I Want You?, there are two paralleled yet very different themes that reign. Dylan describes numerous sad and contemptible situations, which are also valid aspects of life. He writes, ?The guilty undertaker sighs,/ The lonesome organ grinder cries/?/The drunken politician leaps/ Upon the street where mothers weep/ I want you?. All of the situations described are the exact opposite of the love that he feels for this person. However, the two contrasting emotions go together very well when describing Bob Dylan's deep love. They are each equally desperate and beseeching; one, from a lover to reciprocate his love, and the other to stress the urgency of the times. Bob Dylan continues to parallel these two opposite themes throughout the song, one complementing the importance of the other. The significance of death, as a part of the scheme of the world, is intensely stressed throughout ?I Want You?. Bob Dylan sings, ?Well, I return to the Queen of Spades/ And talk with my chambermaid./ She knows I'm not afraid to look at her./ She is good to me/And there's nothing she doesn't see? . Here, Dylan brings up the subject of death by making a reference to the ?Queen of Spades?, a well-known symbol for the matter. Though this significance of death is present, Dylan seems to undermine its negative severity, while idolizing it to some extent. Perhaps by using the metaphor of the Queen of Spades, Dylan would also like to compare her to his object of affection. Dylan plays upon these double-meanings by stating that he is not afraid to look at her, and that she (meaning death and his love) is good to him. By relating his love to the personification of death, Dylan is able to stress the urgency of his love. He is ready to submit himself wholly to his object of affection, even if sh e was the personification of death. By comparing this coveted person with her antithesis (death), Dylan is able to demonstrate the complications and depth of true love. Throughout the last stanza of ?I Want You?, the author comes face to face with an underlying issue concerning his object of affection. Dylan perhaps hints at the fact that death is coming face to face with his love. He sings, ?Now your dancing child with his Chinese suit,/ He spoke to me, I took his flute./ ?he lied/ Because he took you for a ride/ And because time was on his side? . Dylan leaves the key to his song at the end of the poem. The reason for the drastic comparison between that which is loved and that which is loathed is because the object of his affection has come face to face with death. The extreme differences between the two subjects fuse together at the end to form a full depiction of Bob Dylan's heart-felt situation regarding his love coupled with his loss. Theodore Roethke discusses a subject similar in theme, but covers a different subject. Instead of coupling death with love, in his

Free Essays on Freedom In Exile

For as long as space endures, And for as long as living beings remain, Until then may I, too, abide To dispel the misery of the world. -Tibetan prayer Tibet was a predominantly Buddhist county located to the west of China and north-east of India. I say was only because Tibet is now considered an autonomous region of the Peoples Republic of China. Going back to a time before China’s occupation of the Tibetan plateau the Tibetans had an organized central government located in Lhasa. Accordingly Tibetan traditions stipulate that the Dalai Lama is head of Tibetan government. In addition to being the leader of government the Dalai Lama is also a Buddhist monk and spiritual leader of the Tibetan people. The book begins with a brief statement from the Dalai Lama about what the title Dalai Lama means to him and why he wrote the book. From there the Dalai Lama goes right into the First Chapter talking about his being selected as the Fourteenth Dalai Lama at the age of two. He includes a brief history of his family and outlines the selection process used to find him amongst the people of Tibet. He talks of the signs that the selection committee saw leading the way to him and the objects that he was shown to verify his being the Fourteenth Reincarnation of His Holiness the Dalai Lama of Tibet. With in the first chapter many side notes are inserted to give an idea of what being the Dalai Lama means. He describes his education and mixes in stories relating ideas of Buddhist thought. He tells of the procession of over a hundred people that followed him when ever he left the Potala, the 1,000 roomed winter place of the Dalai Lama and seat of Tibetan government. By the second chapter the book starts into more detail regarding the official duties of the Dalai Lama and Tibetan traditions. Included are recounts of official ceremonies and festivals over which the Dalai Lama presides. He also tells of the relationships betw... Free Essays on Freedom In Exile Free Essays on Freedom In Exile For as long as space endures, And for as long as living beings remain, Until then may I, too, abide To dispel the misery of the world. -Tibetan prayer Tibet was a predominantly Buddhist county located to the west of China and north-east of India. I say was only because Tibet is now considered an autonomous region of the Peoples Republic of China. Going back to a time before China’s occupation of the Tibetan plateau the Tibetans had an organized central government located in Lhasa. Accordingly Tibetan traditions stipulate that the Dalai Lama is head of Tibetan government. In addition to being the leader of government the Dalai Lama is also a Buddhist monk and spiritual leader of the Tibetan people. The book begins with a brief statement from the Dalai Lama about what the title Dalai Lama means to him and why he wrote the book. From there the Dalai Lama goes right into the First Chapter talking about his being selected as the Fourteenth Dalai Lama at the age of two. He includes a brief history of his family and outlines the selection process used to find him amongst the people of Tibet. He talks of the signs that the selection committee saw leading the way to him and the objects that he was shown to verify his being the Fourteenth Reincarnation of His Holiness the Dalai Lama of Tibet. With in the first chapter many side notes are inserted to give an idea of what being the Dalai Lama means. He describes his education and mixes in stories relating ideas of Buddhist thought. He tells of the procession of over a hundred people that followed him when ever he left the Potala, the 1,000 roomed winter place of the Dalai Lama and seat of Tibetan government. By the second chapter the book starts into more detail regarding the official duties of the Dalai Lama and Tibetan traditions. Included are recounts of official ceremonies and festivals over which the Dalai Lama presides. He also tells of the relationships betw...

Essay Writing Guide

Essay Writing Guide Essay Writing Guide Essay Writing Guide College essay writing is a specific work that demonstrates students knowledge and skills in definite discipline. The main goal of the essay writing is to persuade the reader in the actuality of the problem and to give a possible solution to problem from the point of view of a student. English essay writing is expected to be an independent work of a student. According to the experience of our professional writers, there is a number of mistakes (errors) students tend to make while writing their essays. The following essay writing tips are presented here to help you avoid the most common errors done in introduction, main part, and conclusion. Errors in the introduction: Failure to include a clear thesis statement defining the topic and setting the direct for essay writing Mixing the notions: object of study and subject of study; Statement of the purpose, objectives, scientific innovation and practical significance, which is not disclosed in the body of essay writing; Indication of the knowledge base that is not used in the main body of the essay. Terms definition vagueness. Errors in the main part: Substitution of arguing statement (there are too many or to less argumentations); Illogical structure of the English essay writing: Absence of linking paragraphs, sentences, words; Errors in the conclusion: Triviality and obviousness; Formulation of the interim results; The use of statements that are not essential for the essay writing and do not flow from the purpose of research. Custom Essay Writing If you are in need of professional custom essay writing services, you have great opportunity to rely on professionalism of our experienced essay writers who are able to write an impressive essay for you. We do not resell written projects and we do not plagiarize! We simply write perfect essays from scratch! Undoubtedly, there are many assignment of diverse complexity; nevertheless, our pricing system is adjusted only to deadline! It means that you know what you are paying for and can easily choose the most suitable deadline as well as price for your assignment! Read also: Writing a Dissertation Proposal Thesis Writing Thesis Writing Format My Dissertation How to Make a Thesis

Describe how you would distinguish between the chronic forms of Essay

Describe how you would distinguish between the chronic forms of leukemia. The answer should include difference in presenting features of the patient, the prognosis and treatment - Essay Example Thus, four main types of leukemia emerged and include: acute and chronic myeloid leukemia (AML and CML) and acute and chronic lymphocytic leukemia (ALL and CLL) (Ruddon, 2007, p. 75). The chronic forms of leukemia (CML and CLL) will be the focused of the paper. A gradual onset, a prolonged clinical course, and relatively long survival distinguished chronic leukemia from acute leukemia. The two types of chronic leukemia vary in terms of prevalence, presentation, treatment and prognosis. Chronic myeloid leukemia typically developed among men ages 40 and 50 while chronic lymphocytic leukemia rarely strikes before age 45 but most of the victims are over age 65 (Daniels and Nicoll, 2012, p. 771). Presenting features of patients with chronic myeloid leukemia varies. Majority of patients are asymptomatic, however, CBC can detect leukocyte counts of more than 100,000/ mm3 and patients may experience shortness of breath, slight confusion, and enlargement and tenderness of liver and spleen (Day, Paul and Williams, 2009, p. 1005). Lymphadenopathy is rare in CML and patients develop more symptoms (malaise, anorexia, and weight loss) and complications as the disease progresses. Meanwhile, patients with chronic lymphocytic leukemia present features of lymphadenopathy, elevated lymphocyte counts, fatigue, infection, experience of anxiety and lower quality of life, and social isolation (Daniels and Nicoll, 2012, p. 771). Available treatments for treating chronic myeloid and lymphocytic leukemia also vary. According to Rosdahl and Kowalski (2008), treatment of chronic lymphocytic leukemia includes observation, chemotherapy, multi-drug chemotherapies, and bone marrow transplant (p. 1050). Oncologists observe the patients for signs and symptoms of the disease prior to the initiation of treatment. Once necessity for treatment is determined, patient will receive chemotherapy or monoclonal antibody but this will not cure the disease. Patient may also receive radiation therapy in

Global & International Business Contexts in India Assignment

Global & International Business Contexts in India - Assignment Example The paper throws light on India, the land of potential because of its growing population therefore it is economically beneficial to evaluate its national market. Porter’s National Diamond framework allows country specific analysis so that a firm may decide to expand into a suited country. The four pillars of the model are factor conditions, demand conditions, related and supporting industries, firm structure, strategy and rivalry. Using these four factors PND model aims to evaluate national competitiveness and to study a firm’s ability to operate in a national market. It is therefore a very relevant tool for country specific analysis. Below each of the four factors of the model will be explained with respect to India. Factor conditions entail those factors in a country that can be of advantage to the firm. Basically all the conditions that a firm can exploit in an economy are included in factor conditions. India has an abundance of labor. Given the high population of th e country it can be safely assumed that the firm will not face any labor shortages. 42 percent of the population is living below the poverty line in India according World Bank. This points to the fact that labor is not only in abundance in the country but it is also very cheap. The labor force is both skilled and unskilled in the country so the firm can benefit a lot with regards to labor in their business. Another advantage of working in India is that there is not a language barrier like in China. Official language of India is Hindi but English is widely understood and used in the business (Kapur & Ramamurti, 2001). This is why the firm will find no language barrier to deal with. It is located near the Arabian Sea which will be beneficial when setting up business in the country. The country has a developed technological base with its software industry growing rapidly. This can also give the firms a huge boost when operating in India. Complicated technology will be at the disposal o f the firm in India. Demand Conditions The demand conditions factors in the local market conditions of a particular country. A strong and demanding domestic market can have a positive effect on technological growth and innovation in the market. The economy of India is mainly export oriented therefore international markets are also an important part of the country’s economy. Due to the sophistication of international markets, local industries have also developed in order to meet the demand of foreign buyers. This trend has brought many advantages to the local firms. They have enhanced their production and capabilities by innovating on a regular basis as a result of complex foreign markets. The effect of international markets has also impacted the local markets because they have also developed as a result. Domestic markets are now demanding higher quality of products and services. This is a sign

Effects of Drug Abuse on Adolescents

Effects of Drug Abuse on Adolescents Drug Abuse: A Calamitous future of teenagers Introduction Every year, at a quickening rate, social progressions determined by engineering impacts us individually as well as our family, group, city, country, and the world. What does this need to do with Drug use and/or misuse? Exactly as gadgets persistently develop, drug use takes after comparable way of development. Individuals in the public arena use drugs to adapt to the pressure exuding from the social change, other get dependent by sitting in drug abusing society, number of them get impact by media, and the vast majority of them get compulsion by modeling their guardians (Hanson, Venturelli Fleckenstein, .2012). Ideally the age in which medical science emphasize on taking a healthy diet for proper nourishment of blood and bones, teenagers get indulge voluntarily or involuntarily in drug abusing habits. Besides its harsh effect on individual’s psychological and physiological health, it is the matter of the whole nation like our developing country Pakistan in which teenagers are expected to be extraordinary responsible for the well being and upcoming back bone of the nation. Drug use has been distinguished as a significant open wellbeing issue in Pakistan. As indicated by a review in 2005, there are around 3.5 million drug abusers, and the numbers are rapidly increasing at a yearly rate of 7%. From one of the overview of drug abusers among distinctive age group, 22.4 % of youngsters were included in drug abuse (Ali et al,. (2011). The drug abuser may expect or see the significance of Drug use as the accomplishment of pleasurable sentiments, expanded social associations (diminished restr aint), physical progressions or evasion of withdrawal manifestations in somebody who is reliant on drug and modification of their mental condition to a more attractive state (idealism). Body: As far as open wellbeing, teenagers substance utilization issue has broad social and financial implications. The various unfriendly results connected with high school drinking and substance utilization issue incorporate deadly and nonfatal wounds from drug and alcohol related vehicle accidents, crimes, suicides, dangerous sexual practices, savagery, and psychiatric issue. The most common drugs which are used by teenagers in Pakistan are, Cocaine, alcohol, smoking, cannabis, barbiturates, heroin and ecstasy (Ali et al., 2011). According to National Institute on Drug Abuse (2013), Some of the effects which drugs cause on physiological and mental health are Increased tactile recognition; euphoria, consideration, judgment, coordination and equalization, expanded heart rate, expanded ravenousness schizophreniform issue, impeded transient memory, bronchitis, magnified tachycardia and impact on circulatory system, intensified hindrance of cognitive, psychomotor, and driving execution, Irrit ability, Chronic cough, odd bad dreams, and tension, Euphoria, dry mouth, warm flushing of skin, substantial feeling in furthest points, interchange attentive and sleepy states, sickness, tingling, discouraged breath, lung and upper aviation route carcinoma is undetermined. A 17 year old male patient was admitted in ward under treatment of lungs tumor, upon taking history, he revealed that he was a chronic smoker and using cannabis since 12 years of age, on further investigation on drug addiction he declared the reason of addiction was his father who was a chain smoker as well as a chronic alcoholic abuser. Moreover his acquaintances were also involved in smoking and alcohol consummating behaviors. The family and companion gathering have been recognized as two of the most essential components in understanding immature substance use. Parental impacts have likewise been discovered to be noteworthy indicators of teenager tobacco, alcohol, and drug use, counting the way of parental supe rvision and observing (David. 2005). Most of the time parents get so busy in their official and house chores that they could not be able to give proper attention and care to their children which can bring a wide gap between parent child relation and the child ultimately get prone to vulnerable society. Most of the teenagers indulge in drug abusing behaviors due to feeling of inferiority. For improvement in self esteem some low self esteemed teenagers starts using drugs, which describes that depressive symptomology initiates drugs use (Eva et al., 1987). Teenagers are getting victim of drug abuse globally. According to Hanson, Venturelli Fleckenstein, (2012) the current illegal drug use in United states were: 9.8% in the West, 8.2% in the Northeast, 7.1% in the South and 7.6% in the Midwest. Seeing smoking in movies can just increase the risks three times more that an immature will have a go at smoking. In an investigation of New England youths, the individuals who saw the most meas ure of smoking in motion pictures were 2.7 times more prone to have a go at smoking contrasted with the individuals who saw the slightest measure of smoking. (Dalton et al., 2003). Recommendations: Teenage is a time period where a preschooler enters into social world and physiologically and psychologically changes occurs. As we understand that family structure is a significant predictor of adolescent substance use, even after controlling for family process variables and other factors. Some of the points of considerations are that when a child enters into pubertal stage they must be approached differently than elder adults considering their understanding and mental level. Individual teaching to friends and family, nursing campaigns for awareness of consequences of drugs, community level workshops, use of social media like news, radio, television an internet and organizing different teenage related health Programs should be take into account. Moreover, for treatment of adolescents in hospital settings and in community, we as a nurse must also need to be cautious about ethnicity, gender, stage of readiness to change, cultural background and disability status. Programs should be sh ape in a way that involves the teenager’s family due to its conceivable part in the roots of the issue and its significance as an agent of progress in the teenager’s environment. Negative effect of social media, poor attention of parents, and drug abusing society are the fundamental issues for spoiling teenagers and ruining their personal future as well as demoralizing the character of the nation globally. We all should bring hands together to vanish the burning issues from the society to live a healthy life. References Center for Substance Abuse Treatment. (1999). Treatment of adolescents with substance use disorders. Ali, H., Bushra, R., Aslam, N. (2011). Profile of drug users in Karachi city, Pakistan.EMHJ,17(1). E Y Deykin,J C Levy, andV Wells. Adolescent depression, alcohol and drug abuse. American Journal of Public Health February 1987: Vol. 77, No. 2, pp. 178-182. doi: 10.2105/AJPH.77.2.178 Wakefield, M., Flay, B., Nichter, M., Giovino, G. (2003). Role of the media in influencing trajectories of youth smoking.Addiction,98(s1), 79-103. Eitle, D. (2005). The moderating effects of peer substance use on the family structure–adolescent substance use association: Quantity versus quality of parenting.Addictive behaviors,30(5), 963-980. ROZI, S. y AKHTAR, S..Prevalence and predictors of smokeless tobacco use among high-school males in Karachi, Pakistan.East. Mediterr. health j.[online]. 2007, vol.13, n.4, pp. 916-924. ISSN 1020-3397. Hanson,G.R., Venturelli,P.J., Fleckenstein,A.E. (2012).DRUGS AND SOCIETY(11thed.). Burlington, U.S: Jones Bartlett. Dalton,M.A., Sargent,J.D., Beach,M.L., Titus-Ernstoff,L., Gibson,J.J., Ahrens,M.B., . . . Heatherton,T.F. (2003). Effect of viewing smoking in movies on adolescent smoking initiation: a cohort study.Lancet,362(9380). doi:10.1016/S0140-6736(03)13970-0 Health Effects | National Institute on Drug Abuse (NIDA). (2013). Retrieved from http://www.drugabuse.gov/drugs-abuse/commonly-abused-drugs/health-effects

Nucor Case

NUCOR MEMORANDUM To: F. Kenneth Iverson and Management Team of Nucor Corporation CC: AGSM Faculty Teams Subject: Investment Decision Date: 04/22/2009 From: 1713898 The Situation In 1986, flat sheet segment contained 52% of US total steel market1. Nucor Corporation, which is a steel minimill well-known for its leadership, efficient operation and well-structured compensation, is showing the interest in the flat sheet segment. At the same time, there are many new thin-slab casting technologies to help minimills enter the new market quickly and cost-efficiently. One of them is from German firm, SMS Schloemann-Siemag, who has consistently introduced its unique technology, Compact Strip Production (CSP), to Nucor. As the chairman and chief executive officer (CEO) of Nucor, F. Kenneth Iverson has to make a decision on whether Nucor should go for CSP plant developed by SMS. The Issue The most salient issue than concerns Nucor and its management team right now is – What is the best strategy for Nucor to target the flat sheet segment? Alternatives 1. Go for CSP plant: Obviously, the most important reason for Nucor to buy CSP technology is that Nucor could take advantage of the huge opportunity of entering flat-sheet market. As the pioneer of CSP application, Nucor would have 2 to 3 years head start to utilize its technology advantage in order to secure a desired market share. Consequently, CSP will help Nucor to achieve its long-term vision: to target the high end of flat-sheet market. The competition of the low end of flatsheet market is increasing due to the interest of many minimills and the low price products of overseas competitors. Aiming at the high end segment is a wise strategy because the high end segment is expected to bring more profits and help Nucor to grow consistently in future. 1 Exhibit 2 – Steel Mill Product Segments: 1986, page 15 of the case 1 However, going for CSP plant option exposes many disadvantages as well. First of all, without expertise in flat-sheet products, Nucor will be not in a good position to compete fairly to expert players. Subsequently, Nucor will face difficulties in new plant operation and possibly be outpaced by integrated mills adopting CSP. Secondly, the resource constraints will not favor CSP. Sharing resources between CSP and the joint venture with Yamato Kogyo might bring in a risk of not enough capital or even worse, bankruptcy. Last but not least, uncertainty of technology is another major concern. The possibility of new plant’s obsoleteness is there and Nucor clearly does not want to pay a huge sunk cost just because it is the pioneer. 2. Not to go for CSP plant: By not going for CSP, Nucor can apply wait-and-see strategy. It allows Nucor more time to watchfully define the target market and wait for a matured and proven thin-slab casting technology. By that, Nucor will be able to avoid a huge sunk cost. Next, Nucor could utilize the resource on the joint venture with Yamato Kogyo. Hence, the risk of capital shortness will be eliminated. In the other hand, Nucor will let go a significant opportunity to capture some shares of flat-sheet market. It might not affect Nucor in short-term. However, in the long-term, assuming many steel producers adopting successfully CSP or other thin-slab casting technologies, Nucor will be pushed to a bad position to compete over. Also, it will take even more time and resource for Nucor to catch up. Recommendation The first alternative is strongly recommended because of the following three reasons. First, even though money is an issue, it is not a big issue for Nucor. With $185 million in cash and short-term securities on hand together with the ability to issue corporate longterm bond2, Nucor is completed able to fund CSP with a strict financial management. Secondly, CSP project is showing a good cashflow even in the case of CSP’s obsoleteness. Assuming that new CSP plant is operating at 100% capacity or 1 million ton per year, Nucor will get hold of 2. 76% of flat sheet market3, which is reasonable. From a simple projection4, new CSP plant is showing a positive cashflow with NPV = $141. 55 mil, IRR = 19%, and payback period = 4. 34 years. Thirdly, the argument that Nucor should not go to flat-sheet market because of its lacking experience is not convincing. Unless Nucor does not want to enter flat-sheet market, the earlier Nucor enter flat-sheet market, the faster it will learn and the better it will sustain in future. Second-last paragraph, page 14 of the case Appendix 3 4 Appendix 4 2 3 2 Appendices 1. SWOT analysis Strengths Leadership Efficient operation Well-structured compensation Culture Weakness Resource constraint No experience in flat sheet product Opportunities Enter flat sheet market Pioneer in thin-slab casting technology Threats Uncertainty about technology Competition, possibly be outpaced by integrated mills adopting CSP . Porter five forces analysis5 The threat of substitute products – buyer propensity to substitute – relative price performance of substitutes – buyer switching costs – perceived level of product differentiation The threat of the entry of new competitors – Existence of barriers to entry (patents, right, etc. ) – economies of product differences – brand equi ty – switching cost or sunk cost – capital requirements – access to distribution – absolute cost advantages – learning curve advantages – expected retaliation by incumbents – government policies The intensity of competitive rivalry 5 MEDIUM MEDIUM HIGH HIGH LOW MEDIUM HIGH HIGH HIGH LOW MEDIUM LOW MEDIUM HIGH MODERATELY HIGH LOW LOW http://en. wikipedia. org/wiki/Porter_5_forces_analysis 3 numbers of competitors rate of industry growth intermittent industry overcapacity exit barriers diversity of competitors informational complexity and asymmetry – fixed cost allocation per value added – level of advertising expense – Economies of scale – sustainable competitive advantage through improvisation The bargaining power of customers – buyer concentration to firm concentration ratio – degree of dependency upon existing channels of istribution – bargaining leverage – buyer volume – buyer switching costs relative to firm switching costs – buyer information availability – ability to backward integrate – availability of existing substitute products – buyer price sensitivity – differential advantage (uniqueness) of industry prod ucts – RFM (Regency + Frequency + Monetary Value) analysis The bargaining power of suppliers – supplier switching costs relative to firm switching costs – degree of differentiation of inputs – presence of substitute inputs – supplier concentration to firm concentration ratio – employee solidarity (e. . labor unions) – threat of forward integration by suppliers relative to the threat of backward integration by firms – cost of inputs relative to selling price of the product – MEDIUM MEDIUM – HIGH MEDIUM LOW HIGH HIGH HIGH HIGH MEDIUM HIGH LOW MEDIUM MEDIUM MEDIUM MEDIUM LOW MEDIUM LOW LOW MEDIUM MEDIUM HIGH HIGH MEDIUM MEDIUM MEDIUM HIGH MEDIUM – MEDIUM 4 3. Estimation of market share of a full capacity CSP plant Total flat sheet segment 36. 6 CSP full capacity 17 Market share of Nucor's CSP plant with 100% capacity 2. 76% Unit: millions of ton 4. CSP plant’s cash flow with assumption: discount rate = 10%, constant cashflow Cashflow per year Total Cost per ton8 8 Revenues per ton Profit per ton Shipment (millions of ton)7 Total Profit per year Hot-rolled (HR) 225 306. 5 81. 5 0. 5 40,750,000. 00 Cold-rolled (CR) 283 390. 5 107. 5 0. 35 37,625,000. 00 Both HR & CR 78,375,000. 00 Cashflow in 10-year opportunity window Discount rate Year Cashflow 10% 0 -340 Unit 1 78. 37 2 78. 37 3 78. 37 4 78. 37 5 78. 37 6 78. 37 7 78. 37 8 78. 37 9 78. 37 $ mil 10 78. 37 NPV IRR Payback period 141. 55 19% 4. 34 $ mil year 6 Exhibit 2 – Steel Mill Product Segments: 1986, page 15 of the case Exhibit 12A – Construction Costs for Flat-Rolled Product Plants: 1986, page 22 of the case 8 Exhibit 12B – Comparative Operating Data for Flat-Rolled Product Plants: 1986, page 22 of the case 7 5 Nucor Case NUCOR CASE In this analysis we use the Net present value to consider if Nucor should invest in the new technology called: thin slab minimill. NPV is really useful in order to make this kind of decision because it uses the concept of future cash value to evaluate whether the investment is worth, however the NPV is sometimes difficult to calculate because it is not always easy to estimate future cash flow.Considering the assumption I made in the first part of the spread sheet, the thin slab project doesn’t appear to be a wise investment for Nucor because the future cash flows at the present value are less than the initial cost of the investment. Comparing the NPV of the three different scenarios it is evident that the best option for Iverson is to continue whit the unmodernized process. The first consideration about to undertake the investment is based on particular assumptions about the future, if we change those the result of the decision could also change.Due to the fluctuati on of the market is difficult to make the right assumptions and this is why to calculate the NPV is not easy. For instance if we changed the discount rate and we lower it below the IRR, the resulting NPV will be positive and this case to invest in the new technology could be a profitable decision. We can also change the steel price rate keeping the cost rate constant, if it is increased enough the NPV could result positive, at the same time if we reduce cost rate keeping the price rate constant we can find an equal result.Regarding the real option analysis if Nucor decides to wait it is unlikely that another will decide to make this kind of investment first. The follow strategy could be a wise decision for Nucor, because the NPV is slightly negative so the management could decide to undertake this investment in order to gain experience and subsequently use that experience for other plants so this initial price could generate future opportunities.