Hinduism, Christianity, And Islam Essay - 1279 Words

It is understood that each of the Abrahamic religions have tradition as interpreted through scripture. These traditions typically manifest through the practice of worship and ritual, which may be unique to each religion. The purpose of worship and ritual in Judaism, Christianity, and Islam is to show service and submission to the one all-powerful, infinite God through prayers unique to that faith, weekly worship gatherings, and various traditions. However execution of worship and ritual varies as a result of historical influences and how that religion decides to display their â€Å"service† to God through the aspects of prayer and traditions. The main intention of worship and ritual is to show â€Å"service† to God, which is known for Judaism, Christianity, and Islam as â€Å"avodah,† â€Å"liturgy,† and â€Å"ibada† respectively. Each sentiment holds a strongly similar meaning to each of the Abrahamic faiths. While the interpretation of how exactly to execute â€Å"service† deviates with each religion, the reason for it remains constant: to pay homage and show surrender to God. Worship then â€Å"is the ongoing personal translation of faith into forms of devotion suited to the activities and responsibilities of a person’s daily life† (JCM 157). Prior to the destruction of the Second Temple, the Jewish people partook in sacrificial rites as a means of worship and ritual. However these rites could only be done in a holy temple by a priest and, since the second Temple was destroyed, the Jewish people couldShow MoreRelatedChristianity, Hinduism, And Islam1054 Words   |  5 Pagesthe followers of Judaism, Christianity, and Islam may see things differently, they basically hold the same values and codes. To Islam, the Prophet Mohammad’s teaching is a â€Å"complete and final revelation†. On the other hand, according to the bible, Christianity believes that Jesus Christ is the true lord and savior will grant you the access to heaven in the afterlife. Judaism is founded by Abraham, and it is the base from which both of the other two religions.While Hinduism focuses on one ultimate beingRead MoreHinduism, Christianity, And Islam1261 Words   |  6 PagesHinduism, Christianity, and Islam are three very prominent religions in today’s world. Although God is an extremely significant figure in all three religions, each sect offers a unique approach in describing God. Each faith has readings from sacred books that discuss their own individual beliefs on how God’s disciples should act in order to achieve eternal salvation. The â€Å"Pillar of Edicts†, written by Ashoka, is a summary of the Hindu faith, which discusses the concept of dharma in relation to howRead MoreReligion : Hinduism, Islam, And Christianity1079 Words   |  5 Pagesworship and to follow their practices. A few of the main religions over time have been Hinduism, Islam, and Christianity. These three religions consist of ideas and practices that may be very different, but are made up of the same general idea expressed in a new form. Although their main differences, each religion seeks one thing, and that s an afterlife. Most religions are made up of a god or many gods. Hinduism is considered a polytheistic religion, which means more than one god. Hindu beliefs,Read MoreHinduism, Buddhism, Christianity, And Islam2109 Words   |  9 Pagesit something completely different? There are various different religious views held on death by Hinduism, Buddhism, Christianity and Islam. There are also non-religious worldviews about death by postmodernists. One lives his life based on what they perceive will befall them after death. Therefore, the way one lives their life is controlled by what they believe will happen after their death. Hinduism is one of the world’s oldest religions and is still around today, being the third largest religionRead MoreChristianity, Islam, Hinduism, And Judaism1076 Words   |  5 Pagesreligions present within todays society with the most prominent being; Christianity, Islam, Hinduism and Judaism (Rosenberg, 2016). These can then be split into two different groups; Monotheistic and Polytheistic. Monotheistic meaning â€Å"The belief that there is only one God† (Crabtree, 2014). This can be seen in Christianity, Islam and Judaism. Therefore Polytheism is the belief and worship of multiple deities, which can be found in Hinduism, Shintoism, and the beliefs of the Ancient Egyptians (Merriam-WebsterRead MoreChristianity, Islam, Buddhism, And Hinduism2587 Words   |  11 PagesMany religions are practiced throughout the world. The most common ones are l Christianity, Judaism, Islam, Buddhism, and Hinduism. Each of these have their own views, preachers and followers. Every religion is independently known because of its distinguishing holy being and god to be worshipped. Religions give their followers the particular strategies and rules in which to lead their lives. These rules and strategies give the distinctive identity to the followers of the particular religion. TheRead MoreChristianity, Islam, Hinduism And Buddhism1206 Words   |  5 PagesOut these many faiths, the most followed and practiced ones are Christianity, Islam, Hinduism and Buddhism. Being the most practiced religion Christianity has over two billion followers. At second, Islam has over one billion adherents. Hinduism has about nine hundred million followers and Buddhism has about four hundred million followers. Soon after are Sikhism, Judaism and Baha’ism. Like most of the other religion, Christianity has a God. Christians believe that Jesus is the Son of God, and wasRead MoreHinduism, Christianity, Judaism, And Islam940 Words   |  4 PagesIt can be said that there is no such thing as Hinduism, Buddhism, Christianity, Judaism, or Islam. In a general sense I agree with this statement, but I also disagree. As human beings, we naturally classify things into groups in order to make sense of them. From the moment we are born our brains begin to classify between male and female, loud and soft, big and small, or dark and light. By assimilating things that are similar we are able to learn new things faster by finding connections to somethingRead MoreChristianity, Islam, Hinduism, And Buddhism Essay2361 Words   |  10 Pagesreligions provide morals to help stop injustices that comes from the capitalistic society that ushers globalization to every corner of the earth. He also states that globalization is mutually beneficial to the globa l religions such as Christianity, Judaism, Islam, Hinduism, and Buddhism because it â€Å"can help free world religions from troubling alliances with particular communal identity and politics and nudge them to rediscover their genuine universality.† For Volf, these religious practices â€Å"are notRead MoreIslam, Hinduism, Buddhism And Christianity Comparison1025 Words   |  5 PagesPractices of Hinduism, Islam, Hinduism, Buddhism and Christianity Comparison Hinduism, Islam, Hinduism, Buddhism and Christianity developed centuries ago and have been practiced since then to today. Groups of people who practice these religions are bound to the conventional norms, beliefs, cultures and way of life of each. Each religion has a particular faith in a supreme being (Woodhead, Partridge Kawanami, 2016). Muslims believe in Allah, Christians believe in Jesus Christ, Hindus believe in

How Markets Fail The Logic Of Economic Calamities, By...

In How Markets Fail: the Logic of Economic Calamities, the author, John Cassidy, details the growth of the free market ideology. This ideology, he argues, has become an over idealized utopian notion of a self-regulating market has been expanded upon over decades to become common rhetoric that influenced policy. This driving theory became accepted into global, but specifically the American context, and led to the financial collapse of 2008 due to lax policies which encouraged risky behaviour in the belief the market would simply sort itself out, which in the end it did not. Cassidy argues that the self-regulating market in essence is a fallacy and the solution to prevent further market failures can only be obtained through a hybrid of free-market and government supervision. Cassidy effectively argues his point by detailing the historical development of the self market theory which provides a framework to later explain the market failure of 2008. Convincingly, he argues that there should be a focus on rational economics which have existed for decades but have been pushed aside in favour of the utopian self regulating market. From the beginning of his book Cassidy comes to the conclusion that the financial collapse of 2008 was not an inescapable fate. Rather, it was the result of the general ignorance of warning signs from leading economists and Alan Greenspan, the chairman of the Federal Reserve for the United States, which resulted in the collapse due to theirShow MoreRelatedLack of Regulation in Banking Industry4801 Words   |  20 Pageseconomy could face a systemic failure. This deregulation started the creation of new bubble. Deregulated banks lending money to sub-prime – under the Community Reinvestment Act which encouraged financial institutions to grant loans to sub-prime market banks began to give loans to people with poorer credit rating. The mortgages initially were not just given up to the value of the property but in many cases the amount of loan was far greater than the value of the real estate behind that loan. These

Financial Analysis of ThaiBev Samples for Students-Myassingment

Question: Discuss about the Financial Analysis of ThaiBev. Answer: Summary of ThaiBev ThaiBev well known as the Thai Beverage is one of the Thailands largest as well as one of the Southeast Asia largest beverage forms, with distilleries across France, China, Scotland, Thailand and Ireland established in the year 2003 (ThaiBev 2017, pg 1). It has a market cap exceeding $4 billion. It was registered in Singapore Exchange market in 2016 with a market capitalization of around $18 billion. Subsequently, this company expanded its operations to food and non-alcoholic beverages sectors in order to diversify its product portfolio, mitigate business risks as well as enhance logistic efficiency. ThaiBev distributes and owns numerous significant brands across the globe including Mekhong, SangSom rum and Chang beer. In addition, this company has significant operations across Europe, producing mart Scotch whisky, liqueurs, gin and vodka with above twenty distilleries in Ireland, France, Scotland and Poland (ThaiBev 2017. Pg 1). Its assets comprises of around 18 distilleries in Thai land, 3 state-of-art breweries across Thailand as well as 5 Scotch whisky distilleries across Scotland. Currently, ThaiBev is viewed as not only the Thailands leading manufacturer of beverages, but it is viewed as Asias leading beverage manufacturer. It operations comprises of four key sections; that is, beer, food, spirits and non-alcoholic beverages. It has around 127 subsidiaries comprising of 11 non-alcohol beverage, 18 distilleries and around 3 breweries. Furthermore, ThaiBev has a widespread distribution network covering around 400,000 sales points in Thailand. The company also has an international presence in more than 90 nations and engages in numerous distillery operations in the international market; with around 5 production facilities across Scotland. Attaining business sustainability from diversified revenue is core to ThaiBev (ThaiBev 2017, pg 1). This comprises of increasing income contribution from its non-alcohol beverage section and international sales. Its expansion in the non-alcohol beverage segment is a crucial portion of its business strategy in order to be a leading beverage distributor and producer across the region. Its extensive and robust distribution network is the key strengths and the main aspect that elevated the company to achieve its leadership position across Thailands beverage market. The company has over 7,000 delivery trucks that distribute their products to around 400,000 outlets within the region (ThaiBev 2017, pg 1). In addition, ThaiBev has established around 1,000 direct sales persons in providing their sales services as well as managing visibility of its products on the store shelves. In the year 2013, this company armour-plated its domestic delivery gird through creation of the Modern Trade Managem ent Ltd in distribution its non-alcoholic and alcoholic beverages to the modern trade operators (ThaiBev 2017, pg 1). In addition, ThaiBev founded the HORECA Managemnt Ltd in the year 2014 to close gaps in its distribution channels in the luxury restaurants and hotels and in providing it with benefits of a complete coverage of segments and in introducing its international premium products to upmarket in Thailand (ThaiBev 2017, pg 1). With these considerations, this paper present financial ratio analysis of ThaiBev for the past two years. Ratio Analysis Financial ratio analysis is a crucial aspect in finance. It is usually a quantitative analysis of an organizations financial data (El-Bassiouni 1991, pg 230). It is usually based on the line items in the organizations financial statements (Agyei-Mensah, 2015, pg 2). In essence, ratio analysis is useful since it is used in evaluating numerous factors of an organizations operating as well as financial performance like its liquidity, solvency, profitability as well as efficiency. Trend of such ratios over time is used in evaluating whether the companys performance is deteriorating or improving over time (Nissim Penman 2001, pg 110). In addition, ratios can also be compared across numerous firms operating in the same industry in order to evaluate how they stack up and to get a clear idea of the comparative valuations (Gadoiu 2014, pg 94). Generally, ratio analysis comprises of looking at the relationship in between individuals values and then relating them to how an organization has per formed over the last few years and how it may perform in future (Nissim Penman 2003, pg 532). Based on these considerations, price earnings ratio, net asset value, earning per share as well as dividend yield for ThaiBev in the latest period would be evaluated in order to establish its weaknesses and strengths over the period. Earning per share (EPS) EPS is usually viewed as portfolio of an organizations profit which is allocated to every outstanding shares of the common stock, serving as a signal of an organizations profitability. It is usually computed by dividing an organization net profit or income by the outstanding shares. In this case, ThaiBev EPS for the latest period would be as follows; 2015 = 26,463/25,110 = 1.05 (Trading Economics 2017) 2016 = 18,832.5/25,110 = 0.75 Price earning ratio (PE) This is the financial ratio used in evaluating an organizations current share price in relation with per-share earnings (Fama French 2000, pg 163). Basically P/E ratio is a useful financial metrics for assessing relative attractiveness of an organizations stock price relative to current earnings. It is usually computed by dividing net income by the market capitalization. In this case, ThaiBev P/E ratio for the latest period would be as follows; 2015 =0.68/1.05 = 0.648 (Yahoo finance, 2017) 2016 = 0.71/0.75 = 0.95 Dividend yield This is the financial ratio that is used in indicating how much an organization pays out in terms of dividend every year relative to the share price (Agyei-Mensah, 2015, pg 5). It is usually represented as the percentage and could be computed by dividing dividends paid per share by price per each share. In essence, dividend yield is usually a mean of measuring how much cash inflow an organization would be getting for every dollar invested in the equity position. In this case, ThaiBev dividend yield for the latest period would be as follows; 2015 = 0.61/0.68= 0.897 2016 = 0.66/0.71= 0.93 Net asset value This is the financial value of an organizations assets minus value of total liabilities. It might also be similar to book value or equity value of an organization. In essence, net asset value could be used to represent value of total equity in an organization (Gadoiu 2014, pg 87). It is usually computed by subtracting total liabilities from total assets and then dividing the outcomes by share outstanding. This financial aspect is crucial since it help at looking up an organizations stock price as it is a signal of how much a share is worth. In addition, NAV can assist investors in comparing performance of a sole fund to the other industry benchmarks. It usually assists in evaluating whether an investment is worth being pursued or not. In this case, ThaiBev NAVfor the latest period would be as follows; 2015 = (179,464-67,457)/25,110 = 4.46 2016 = (187,653-63941)/25,110 =4.93 Analysis and interpretation of financial ratio Based on the above computations, it is evident that ThaiBev is financial stronger. This is mainly based on the fact that, the companys P/E experienced an increasing trend over the past two years which was mainly attributed by an increase in its share prices over this period. In addition, ThaiBeve is financially stronger in that it has experienced an increasing trend in its net asset value which is as a result of increasing trend in its total assets and a decrease in its total liabilities over the years. The company also reported an increasing trend in its dividend yield over the last two years. This is another main strength for ThaiBev financial performance over the period. Furthermore, it is evident that ThaiBev is financially stable over the last two years since the company reported an increase in its net profit margin from 13.68% in 2015 to around 16.89% in the year 2016. In addition, given that ThaiBev return on equity increased as from 15.67% to 18.89%, it is evident that it is financially stronger. Furthermore, it is evident that ThaiBev is financially healthy over the last two years despite the decrease in its EPS over time. This is based on the fact that the company reported an increasing trend in its EBITDA margin and EBIT margin over the past two years. In addition, the company reported an increase in its ROA and its return on fixed assets over this period. This is also a clear sign that ThaiBev is financially healthy. Conclusion In conclusion, it is evident that ThaiBev is financially healthy and stable over the last two years. This is evident by increasing trend in its P/E ratio, net asset value as well as dividend yield, which is a clear indicator of how profitable an organization has been for the past two years. With these considerations, it is recommendable for potential investors to invest in ThaiBev due to its promising financial performance over the last two years. In essence, investing in ThaiBev would be a better investment option for potential investors as they are likely to enjoy relatively higher returns in future. References Agyei-Mensah, B. K. (2015). The Determinants of Financial Ratio Disclosures and Quality: Evidence from an Emerging Market. Viewed at 23rd April 2017 from; https://wbiworldconpro.com/uploads/japan-conference-2014/finance/1418112410_321-Ben-Jafe.pdf El-Bassiouni, MY 1991, A mixed model for loss ratio analysis, Astin Bulletin, 21(02), 231-238. Viewed at 23rd April 2017 from; https://www.casact.org/library/astin/vol21no2/231.pdf Fama, EF French, KR 2000, Forecasting profitability and earnings, The Journal of Business, 73(2), 161-175; Viewed at 23rd April 2017 from; https://manitobapork.com/wp-content/uploads/REF_7-_Fama01.pdf Gadoiu, M 2014, Advantages and limitations of the financial ratios used in the financial diagnosis of the enterprise, Scientific Bulletin-Economic Sciences, 13(2), 87-95. Viewed at 23rd April 2017 from; https://economic.upit.ro/repec/pdf/2014_2_9.pdf Nissim, D Penman, SH 2001, Ratio analysis and equity valuation: From research to practice, Review of accounting studies, 6(1), 109-154. Viewed at 23rd April 2017 from; https://www.columbia.edu/~dn75/Ratio_analysis_and_equity_valuation_From_research_to_practice.pdf Nissim, D Penman, SH 2003, Financial statement analysis of leverage and how it informs about profitability and price-to-book ratios, Review of Accounting Studies, 8(4), 531-560. Viewed at 23rd April 2017 from; https://www.columbia.edu/~dn75/financial.pdf ThaiBev 2017, ThaiBev dividend history; Viewed at 23rd April 2017 from; https://thaibev.listedcompany.com/dividend.html/?skipmobile=0 ThaiBev 2017, ThaiBev financial highlights; Viewed at 23rd April 2017 from; https://thaibev.listedcompany.com/highlights.html/?skipmobile=0 ThaiBev 2017, ThaiBev strategy; Viewed at 23rd April 2017 from; https://thaibev.listedcompany.com/strategy.html/?skipmobile=0 ThaiBev 2017, ThaiBev; our business; Viewed at 23rd April 2017 from; https://thaibev.listedcompany.com/business.html Trading Economics 2017, Thaibev Common Share Oustanding; Viewed at 23rd April 2017 from; https://www.tradingeconomics.com/y92:sp:common-shares-outstanding Yahoo finance. 2017. Thai Beverage Public Company Limited (Y92.SI) historic prices; https://sg.finance.yahoo.com/quote/Y92.SI/history?period1=1394571600period2=1452546000interval=1mofilter=historyfrequency=1mo

Spring and Autumn Contrast and Comparison Essay Example

Spring and Autumn: Contrast and Comparison Essay In an annual cycle, spring and autumn represent the beginning of a cycle and the end of a cycle, respectively. While both are known for a particular type of natural display, spring signals hope while autumn denotes a literal death. The two seasons are more different than alike. Spring is the season that brings warmth, growth and temperance to the soul after the long, cold days of winter. It is a cause for celebration. Flower buds poke their heads up through the earth, the sun shines down on the land and for most people, there is a long collective sigh as we look forward to experiencing summer and all the joy that denotes. Spring is also associated religiously with Easter, and the Catholic Lent period, based upon the equinox occurring March 20th or 21st. Academically, spring is the first scheduled break of the year (not including New Year’s Day) to coincide with warmer weather and when â€Å"a young man’s fancy lightly turns to thoughts of love† (Tennyson, 1842). We will write a custom essay sample on Spring and Autumn: Contrast and Comparison specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Spring and Autumn: Contrast and Comparison specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Spring and Autumn: Contrast and Comparison specifically for you FOR ONLY $16.38 $13.9/page Hire Writer In contrast, autumn is the season which brings football games, a showy display of dying leaves and exhorts us to bring our sweaters out of hiding. It is a time to bundle up and hunker down in preparation for winter. Even a mild fall season has sinister repercussions, according to this old weather proverb: â€Å"flowers in bloom late in autumn indicate a bad winter†. In religious history, Halloween, or actually All Hallows Eve, occurs in autumn as the night before All Saints Day. It was believed that disembodied spirits chose this day to find a body to reside in for the next year. It is not such a far stretch, then, that Halloween, along with trees shedding their leaves, means autumn in general signifies death for most people – death of plants and flowers, death of the summer, death of good weather. Spring – a new beginning, autumn – a gradual death. In this way the seasons are similar in that they promote thoughts of our own life cycle. There are proponents of each who will declare either spring or fall as being the best season of the year. Whether you love one and hate the other, both are necessary to replenish our souls and keep the cycle of life going strong. References Ontario Consultants on Religious Tolerance, Origins, Meanings and Practices of Easter. Retrieved September 11, 2007, from the Religious Tolerance Web site: http://www.religioustolerance.org/easter.htm. Wilson, Jerry. History and Customs of Halloween. Retrieved September 11, 2007, from the Wilstar Web site: http://wilstar.com/holidays/hallown.htm.