Impact Of Technology On Our World - 909 Words

The impact of technology has undoubtedly shaped the way we live in today’s world. This impact has made life much easier and convenient in every aspect of our everyday lives. However, when technology is broken down to different types and purposes, that is when we begin to recognize is certain technology actually moving the human race forward or backwards? One highly debated and arguably the most popular type of technology, is social media. Social media has negatively impacted our world to the point where humans no longer communicate face to face, it distracts us from what s really important, and causes many problems down the road if not used properly and responsibly. Social media plays a huge role in distracting us. It can make even the smallest of tasks more complicated. It can distract us from conversations with friends and also when we are performing daily tasks such as driving. Everywhere you look today, there will always be someone paying attention to their phones at all times. The world is so tech-savvy and because of this we begin to see a multitude of people always on their mobile devices when walking down the street, driving down the road, and in church. The world is moving away from physical communication and more towards communication through a signal. There are always advantages to the world communicating using more technology, however it cannot be as effective as face to face communication. If we continue down this road of meaningless communication then we willShow MoreRelatedImpact Of Technology On Our Modern World1262 Words   |  6 PagesOne small step for technology, one large step for mankind Take a moment and look around you. What do you see? Most likely you are surrounded by technology. This new phenomenon is a vital part in the modern world. The domination of technology has engulfed our culture, it has become a large portion of our everyday life and the way that we function. Three authors; Christine Rosen, Lakshmi Chaudhry, and Jim Taylor, have illustrated the foundations of technology on our modern world. They have all takenRead MoreThe Impact of Computer Technology in our Social World939 Words   |  4 Pages Computers and technology are two of mostly discussed topics today. Technology has a huge impact in our world. There are advantages and disadvantages about computers and technology – it affects individuals and families, businesses, schools and the entire society. We discuss its usefulness, how it affects people and their health, and how it affects the environment. Computers are one of the fastest evolving technologies. There are so many reasons why comp uters are both beneficial and disadvantageousRead MoreTechnology Has Made A Huge Impact On Our World1415 Words   |  6 PagesIn the past fifty years, technology has made such a huge impact on our world. Back when each specific piece of technology was created, things like refrigerators, televisions, cellular phones and etc. used to be luxuries but now they are necessities. Although this does not seem like too much of a problem to us humans, the constant updating of technology is a factor as to why we neglect nature. Both of my parents were raised spending sunrise to sunset outside. They both played with neighborhood kidsRead MoreThe Impact Of Modern Technology On Us And Our Society Essay1704 Words   |  7 PagesThe Impact of the Modern Technology on us and our society. Today it is hard to imagine what our lives would look like without the technology that surrounds us, it is even harder to imagine what our lives would be with the technological advancements that begun to take shape during the industrial revolution that, begun in England during the 18th century. The industrial revolution brought on many changes into humans everyday lives, allowing us as mankind to increasingly become smarter, faster andRead MoreEssay about The Impact of Computer Technology1664 Words   |  7 PagesThe impact of computer technology 1 Running Head: The impact of computer technology Life learning assignment for CIT 312 In partial fulfillment of the requirements For the Bachelor of Business Administration Degree By Matthew Dotson Professor: Daniel Mays Cohort 19 July 22, 2008 The impact of computer technology 2 Has computer technology enhanced our society or has it crippled our ability to function ethically? ComputerRead MoreTechnological Advancement And Its Impact On Technology975 Words   |  4 Pagestechnological advancement and the impact it is having on moving us toward a more globalized system. I believe that the area of technological advancement that have the most impact on moving us towards a global world are advancements in telecommunications. No matter what other technology advances we make, without the ability to communicate in real time instantly, we could not share technological advancements with other countries and people in other places to harness our collaborative innovation. And itRead MoreModern Information Technology Impacts Our Everyday Lives1308 Words   |  6 PagesThe Impact of Modern Technology on Everyday Lives A Changing World Over the past 20 years, the world as we know has changed drastically. We have moved from a world that was bound by wires and copper cabling to a world that offers any bit of information you want with the touch of a glass screen from a device that fits in your pockets. In this same period of time, shopping used to involve planning a trip to a brick and motor store and hope they had the product you were looking for, and at the priceRead MoreTechnology Is The Work Place Environment1447 Words   |  6 PagesAnother situation that technology is affecting is the work place environment. Many companies and jobs are using cutting-edge technology to help make work easier. More than 81% of employees work using their personal mobile devices and 33% of Americans use at least three devices for work (Miller-Merrell, â€Å"46% of Managers Believe Employees Misuse Social Media and Work Technology†). Using technology can make it easier to get ahold of someone faster and to draw more attention over the World Wide Web. The webRead MorePositive helpful Technology Essays1044 Words   |  5 Pages Our technology has led to the advancements in the health industry making it easier for sick people to get the treatment they need. Technology use being taught to children is a positive use for the future of education and is necessary for students to succeed in the world, with this education it enables them to be better prepared for the world that awaits them when they enter college and work force. Even the environment is impacted when we stop to take the time to research the things we use likeRead MoreThe Negative Side Of Self Driving Cars1189 Words   |  5 PagesThe negative side of self-driving cars Although self-driving cars would appear to make life much easier and more efficient for many people, it may also negatively impact businesses such as car dealerships and manufacturers. The number of cars that are needed by customers will be dramatically less and will in turn hurt the sales of car dealers. As the number of self-driving cars increases, the more the gasoline industry will be negatively impacted as self-driving cars will more than likely be electric

The Conflict Between Evolutionary Psychology And...

In this chapter, the author highlights some of the superficial conflicts between evolutionary psychology and scientific scripture scholarship (or historical biblical criticism). As the author notes, â€Å"...evolutionary psychology is an attempt to explain important human traits and behaviors in terms of the evolutionary origin of the human species (131).† It attempts to contextualize all the things we humans think, feel, and create in the contexts of Darwinian evolution, and natural selection. But there are a great many things which cannot be explained in these evolutionary terms, in spite of the rising popularity of evolutionary psychology (133). After all, the survival of ones genes or progeny is not our sole concern when doing acts of good; it certainly wasn’t for Mother Theresa or Thomas Aquinas (135). And while our moral behaviors may be necessary for our survival, some such behaviors seem to be inconsequential to long or short term survivability. There is d isagreement within evolutionary psychology about whether religion is adaptive or maladaptive (136). But the author points out how other evolutionary psychologists think of religion as being everything from an evolutionary mistake/disease to being simply a means of helping the species cope with suffering, to being a means of exacting social control (137-140). =========================== Ultimately, the author contends that â€Å"merely finding or positing a source of religious belief...does nothing to discredit suchShow MoreRelatedCompare and Contrast Functionalism and Structuralism14315 Words   |  58 PagesChapter 1 What is social psychology? LEARNING OUTCOMES When you have ï ¬ nished studying this chapter, you should be able to: 1 Outline the main differences between experimental and critical approaches to social psychology. 2 Describe the three main ‘metaphysical battles’ between them. 3 Trace the origins of social psychology through the work of William McDougall and William James, and the contributions made by Và ¶lkerpsychologie and crowd psychology. 4 Describe the two contrasting

Disney Lucas Film Free Essays

Table of Contents Executive Summary| i| Introduction | 1| Marvel Industry Analysis| 1| Disney Industry Analysis| 3| Marvel Company Analysis| 4| SWOT Analysis| 6| Valuation| 6| Disney Company Analysis | 7| Share Price Analysis| 10| Examination of the Premium| 12| Takeover Overview, Methods and Tactics| 14| Analyst, Media and Legal Reaction| 16| Recommendation and Conclusion| 17| References| 19| Appendices| 22| , increased pressure from eBook innovation and internet piracy. As such, this industry grew an estimated 2. 50% from 2008 to 2009 and maintained a Compounded Annual Growth Rate (CAGR) of 5. We will write a custom essay sample on Disney Lucas Film or any similar topic only for you Order Now 4% from 2000-2009 (Jackson, 2011). Licensing Marvel’s second major unit of operation consist of its large licensing business. Marvel licenses the use of its various characters to gaming, movie, toy and television show producers alike. This market is primarily driven by trademark and character licensing. As of 2007, Intellectual Property (IP) licensing represented a $USD 30 Billion market in the United States (U. S. ) alone (IBISWorld Licensing, 2012). IP licensing exhibited constant growth. However, in 2008 it incurred a slight contraction of 3. 4% due to the global financial crisis. As well, from 2000-2008 it had a CAGR of 5. 09%. Further, character and trademark licensing represented more than 40. 0% of the total licensing market for 2012. The IP Licensing market is considered to be moderately aggregated with Disney acting as the industry leader (after its acquisition of Marvel) with just over 10. 50% of market share (IBISWorld Licensing, 2012). However, the industry did exhibit lacklustre performance in 2009, (down almost 10. 00%) from its 2007 high. Film Production Marvel’s final major operational segment consists of its film production operations. Generally, the industry has consistently outperformed the market (CAGR 5. 80% from 2000-2009) and as of 2009 represented a $USD 118 Billion dollar market in the U. S. (Thomson ONE, 2012). The industry is highly consolidated with the top 10 studios (Disney being in second place), representing over 70. 00% of the market. (Nash, 2012). The changing nature of consumer entertainment consumption is gradually eroding various industry segments such as DVD sales and DVD rentals. However, this has been compensated for by the adoption of other viewing alternatives like: pay per view and direct broadcast television (Thomson ONE, 2012). Moreover, have managed to impose price increases on consumers. Thus, allowing them to earn $USD 2. 5 Billion more in 2009 than in 2001 despite lower ticket sale volume for the same comparable period. (Nash, 2012). The film industry has also proven to be resistant to the economic downturns with moderate growth during the recessionary slumps of: 2001, 2008 and 2009 (Thomson ONE, 2012). ————————————————- Disney Industry Analysis Disney operates in two major segments: licensing and entertainment. These segments are similar to the ones Marvel operates in. However, Disney also incorporates theme parks into its operations, thus differing from Marvel (Disney Financial Report, 2008). It should also be noted that Disney media services go well beyond simply producing children’s shows and films. They own several studios and until 2009 owned ABC (Thomson ONE, 2012). It can be stated that, the two corporations with regards to their fictional character businesses, target distinct customer bases with respect to gender, but target similar customer bases with respect to age. Disney primarily targets oung children and teenage girls, whereas Marvel targets young adult males and teenage boys. Theme Parks Disney is the leader in the theme-park market; with all of the top 5 theme parks in the world belonging to this company. In 2009, although most theme parks experienced significant decreases in customer presence, Disney managed to actually increase attendance through appealing to local market and offering loyalty programs (AECOM, 2009). Over 18 5 Million people attended one of the top 25 theme parks in the world in 2009 (119 Million in the U. S). Attendance showed remarkable resilience in America with the top 20 parks in the U. S only losing a fraction of their attendance from their 2007 high, despite the financial crisis. (AECOM, 2009). The $USD 10. 70 Billion change significantly over the 3 year period. Net income quadrupled from 2006 to 2008 reaching an all time high of $USD 205 Million in 2008. Further, diluted earnings per share (EPS) growth exhibited similar performance, indicating no extraordinary abnormalities in executive compensation or share issuance (Marvel Annual Report, 2008). The company managed to decrease its total liabilities by over $90 Million from 2007 to 2008. As well, Marvel significantly bolstered its cash reserves from $USD 30 Million to $USD 105 Million. There was also a large increase in accounts receivable (A/R) from $USD 28. 70 Million in 2007 to over $USD 144 Million in 2008. However, given the fast growth of A/R and consistent inventory levels, this large increase warrants little concern. As well goodwill, comprises over 30% of the corporation’s assets. It must be noted that this goodwill was not accumulated via a â€Å"momentum† acquiring strategy which was adopted by Tyco (Bruner, 2005). Thus, the goodwill was accumulated in a proper manner and not for the sole purpose of continually bolstering EPS and Price-to-Earnings ratios (Marvel Annual Report, 2008). Although the debt to equity (D/E) ratio is still moderately high (1. 36), the firm did manage to significantly decrease this ratio throughout the 2007-2008 period; this was achieved by decreasing its liabilities and doubling its retained earnings. Moreover, an exorbitant $USD 251 Million cash disbursement for film inventory in 2007 contributed to the company’s significant negative cash flow for the year. if the premium paid is too high as Disney does not expect any cost-reduction or revenue-enhancement synergies from the merger (Business Insider, 2009). Moreover, analysts see the acquisition as a valuable opportunity for Disney to secure future profitable movies and contemplate the possible outcomes of movies based on Marvel’s characters combined with the animation resources of espoused by Disney and Pixar. Finally, Disney’s previous acquisition of Pixar Animation Studio was incredibly successful, both in terms of revenue generation (each Pixar movie made post merger yielded large profits) and in terms of the integration of Pixar management into the Disney family (CNBC, 2009). By incorporating over 5,000 of Marvel’s characters into Disney’s library, the media expects this merger to follow the same path and prove to be another successful acquisition story for Disney. Two days after the merger announcement, an independent blog speculated that security law had been infringed upon as a result of the deal. The report suggested that Marvel’s chief executive; Mr. Perlmutter engaged in suspicious behaviour prior to the merger. The blog stated that in February 2009, a meeting took place between the chairman of Marvel’s film division and Disney’s CEO, where they â€Å"discuss[ed] ways in which the relationship between the two companies could be extended. † Two weeks following said meeting, Mr. Perlmutter was granted 514,354 options for Marvel shares with a strike price of $USD 25. 86 per share. Three weeks later, he was granted another 750,000 options at an exercise price of $USD 23. 5 per share. The representatives of the firms met again in the beginning of June and disclosed afterwards the possibility of a merger to the other managers (Wall Street Journal, September 2009). In essence, the proximity of the dates in which Mr. Perlmutter’s was granted options renders the transaction suspicious . Although it is not unusual for Marvel’s employees to re ceive options as annual com APPENDIX A – VALUATION MODEL APPENDIX B – MARVEL 2008 ANNUAL REPORT (FINANCIALS) APPENDIX C – DISNEY 2008 ANNUAL REPORT (FINANCIALS) APPENDIX D – DISNEY 2010 ANNUAL REPORT (FINANCIALS) How to cite Disney Lucas Film, Essay examples