Women in the Bible Free Essays

These refrains are about the custom debasement after the youngster bringing. After a male youngster appears on the scene and circumcised on the eighth day, the lady will be messy until the eighth day. As David Guzik’s analysis on the principle comprehension of this function is to comprehend the possibility of unique sin. We will compose a custom paper test on Ladies in the Bible or on the other hand any comparative theme just for you Request Now Each birth another heathen was brought into the world, and the lady was here emblematically answerable for carrying another delinquent into the world. (Guzik). In addition, as it seen the time of polluting influences is expanded while having a female kid, and the purpose behind this can be a female youngster will likewise conceive an offspring a heathen later on. Leviticus 21:9 states that † And the girl of any minister, on the off chance that she degrades herself by playing the prostitute, she irreverence her dad: she will be ignited with fire.† Since the little girl of a cleric speaks to the religion she should be cautious about her practices and she has the duty of being a girl of a minister. Thusly, they have to follow the religion appropriately. Nonetheless, this stanza expresses that in the event that she disrespects of herself the results would be rebuffed furiously with consuming. It is an enormous discipline. It needs to accentuate that Why just the little girls of a cleric are capable to follow the religion appropriately and they are rebuffed when they disrespect themselves yet no children? The children of a minister are not referenced. The manner in which the widows and separated from ladies were seen in the Old Testament was not unreasonably positive. To give a model, in Ezekiel 44:22 † They should not wed widows or separated from ladies; they may wed just virgins of Israelite drop or widows of priests.† It is evident that the ministers were not permitted to wed a separated from lady or widows with the exception of a priest’s separated from spouse. Oppression separated from ladies and widows can be seen through this stanza. Women’s place is lower in the Old Testament when it is contrasted it and the New Testament. There were numerous genuine disciplines and guidelines towards the ladies. In the wake of referencing a few sections from Old Testament, it ought to look at certain stanzas from the New Testament as well. Corinthians 11:4-9 is tied in with covering the head and guidelines ladies in adore administration: Each lady who asks or forecasts with her head revealed shames her headâ€it is equivalent to having her head shaved. For if a lady doesn't cover her head, she should have her hair style off; yet on the off chance that it is a disfavor for a lady to have her hair style off or her head shaved, at that point she should cover her head. The man should not to cover his head since he is the picture and greatness of God; yet lady is the magnificence of man. For man didn't originate from lady, however lady from man; nor was man made for lady, yet lady for man. Head in these stanzas allude headship and authority with the goal that lady who wears headscarf suggests that she is under power of man and the congregation. (Guzik). Wearing headscarf is a fundamental social importance. Additionally, a lady can implore or forecast just when they are in charge of the man or the congregation. It very well may be comprehended that each man is in front of each lady and the man designated as a head by God. Additionally, directions ladies in love administration are expressed in 1 Corinthians 14:34-35 as well. † The ladies are to keep quiet in the places of worship; for they are not allowed to talk, yet are to subject themselves, similarly as the Law additionally says. on the off chance that they want to master anything, let them ask their own spouses at home; for it is inappropriate for a lady to talk in church.† Even however this refrain truly implies that lady not permitted to talk in chapel and they ought to stay quiet. One of the doctrinal audits guarantee that talking about a lady is certifiably not a lasting preclusion as opposed to a transitory quietness for requesting the tumultuous church setting during the Corinthians time. (Beauty Communion International 3). Besides, the lady ought to learn in an accommodating way to her better half and to the congregation. Her better half likewise ought to have the option to give direction and data to her. However, underscoring just the woman’s quiet as a commitment and compliant way puts a question marks in the psyches as regard the job of the lady in the Bible. After head covering and ladies in venerate administration headings, the holy book specifies about a couple relationship. As in Colossians 3:18 † Wives, submit yourselves to your spouses, as is fitting in the Lord† Firstly, this refrain delivers to the man and lady who is hitched. Numerous mediators come to concur that the expression of submitting doesn't suggest obey yet rather to give up one’s right or will and furthermore it doesn't pass on mediocrity of personhood. (Richison) In this stanza, a lady doesn't present her better half for not to dread of his annoyance or judgment yet she submits just for God. Another stanza about a couple relationship is Ephesians 5:22-25 Spouses, submit yourselves to your own husbands as you never really Lord. For the spouse is the top of the wife as Christ is the top of the congregation, his body, of which he is the Savior. Presently as the congregation submits to Christ, so likewise spouses ought to submit to their husbands in all things. Spouses, love your wives, similarly as Christ cherished the congregation and surrendered himself for her. As in Colossians 3:18, it tends to be seen that the idea of a compliant lady again is underscored in Ephesians 5:22-25. These refrains again demonstrate that the spouse is the expert in the marriage. Another point, it is to the church’s greatness to submit to Christ so that for a lady accommodation brings about her definitive great (Cole). In 1 Timothy 2:11-15 † A lady ought to learn in quietness and full accommodation. I don't allow a lady to instruct or to expect authority over a man; she should hush up. For Adam was shaped first, at that point Eve. Also, Adam was not the one tricked; it was the lady who was hoodwinked and turned into a delinquent. However, ladies will be spared through childbearingâ€if they proceed in confidence, love, and heavenliness with propriety.† In these sections, a lady ought to stay in quiet and present her significant other. A lady ought not be the position. As it referenced previously, Eve began the first sin and misdirected Adam. In this way, ladies were blamed for being an insidious animal so they should stay quiet. Also, through conceiving an offspring, ladies will be profoundly safeguarded from Satan by holding fast to their God-appointed job identified with family and the home. This is appeared differently in relation to Eve, who violated those limits and fell into enticement (Kã ¶stenberger). In 1 Peter 3:1-2, †Wives, in like manner, be accommodating to your own spouses, that regardless of whether some don't comply with the word, they, without a word, might be won by the direct of their wives, when they watch your modest lead joined by fear.† These refrains express that an authentic wife ought to be accommodating to her significant other, yet not to another man aside from her better half. Since the men are to lead ladies in Christianity, being accommodating to a spouse is accentuated again and again in the Bible. As David Guzik clarifies the don't comply with the word part alluding to an unbelieving spouse, however it is a more grounded thought than simply â€Å"do not believe.† It has the possibility of somebody in dynamic rebellion to God’s word. Indeed, even these spouses can be won through the genuine lead of adoring wives (Guzik). Ladies in the Bible are for the most part characterized as referenced previously. One of the significant studies towards the spot of ladies in the Bible is that the accommodation of the ladies. In the Bible, the accentuating of a lady to be accommodating to their man is rehashed again and again. Nonetheless, in this day and time, numerous Christian ladies don't rely upon this thought of being an accommodating. They bolster the sex equity. The Bible is viewed as tending to just the antiquated occasions yet not the present day, and it is viewed as the assortment of the old works. Hence, numerous Christian ladies accept that the Bible is obsolete as far as the subjects of ladies. Despite the fact that the Bible offers them to remain out of sight, constrained by the men, and ladies ought to be at the front line of the Church and the family, yet today it is the inverse. In addition, as in 1 Corinthians 11:4-9, in Christianity there is a need of head covering for a lady. Aside from priestess, the Christian ladies likewise don't have any significant bearing this standard for the hundreds of years by reason of that stanza is have a place with antiquated conventions and social orders, not for all the spots and not for the ladies all around the globe. Instructions to refer to Women in the Bible, Papers

Table Tennis Corruption Technological Development

Question: Examine about theTable Tennis Corruptionfor Technological Development. Answer: Presentation Innovative advancement has encouraged the expansion of sports wagers. Wagering has represented a genuine physical issue to the trustworthiness everything being equal. Table tennis especially is a realized racquet sport all inclusive and has more than 10 million players on the planet. Comprehensively it is represented by the International Table Tennis Federation (ITTF). Presently, table tennis is compromised by wagering as one of the rising type of debasement that is hard to control and regulate (Gainsbury Russell, 2015). The exercises of unlawful wagering have fundamentally added to the improvement of the underground economy. This type of economy is connected to sorted out wrongdoings and particularly in table tennis and different types of sports. Further, the concurrence of illicit and legitimate wagering convolutes the circumstance thus getting hard to manage. The examination objective is to explore wagering as a developing type of defilement in the table tennis. The accessibility of the web and fast development of innovation has added to the expansion of the wagering bad habit. Additionally, internet wagering has made the bad habit progressively mysterious and difficult to distinguish. Correspondingly, the accessibility of live wagering has required to the act of the wagering bad habit it is difficult to control and recognize. This fast development in the cell phone innovation and the web has improved the development of wagering. Hence, wagering has moved from the customary social structure to into secret and in separation (Brooks, 2012). Then again, nations trying to pull in wagering speculators through low tax collection have made a decent domain for illicit wagering and particularly in nations where table tennis is well known. The extension of the web, along these lines, has made it feasible for players to bet whenever and in wherever. Table tennis betting has expanded from 38% to 52% over the most recent one year in Australia. The web ba sed betting has additionally empowered the punters to think about costs and wagering choices thus picking what is advantageous for them (Abarbanel, 2012). The expanded publicizing and advancement of wagering organizations during the live communicate of the table tennis matches has likewise added to the bad habit. Truth be told, it is hard to draw the limit among sport and the games wagering. Further, advancement of wagering organizations is done through fixed electronic standards place inside the arena. Wagering organizations are additionally permitted to support groups particularly on uniform subsequently permitting increasingly possibility of control. So also, versatile applications have been created to help the players to follow the games on their cell phones and tablets. Table tennis has been utilized as advertising foundation of wagering organizations particularly in Asian nations (Delfabbro Griffiths, 2012). The development of satellite TV slot has caused it feasible for individuals to have an enthusiasm for wagering. The progress from the simple telecom to computerized satellite boxes has opened an open door for additional speculators thus making the danger all the more genuine because of the measure of cash included. Furthermore, wagering is presently taken as a recreation action that encourages energy from a given match. Wagering organizations additionally offer rewards for the principal recruits henceforth drawing in additional to wager on their locales. Various nations have likewise established laws to legitimize wagering subsequently welcoming more financial specialists into wagering parts (Bhullar, 2012). The quick increment of wagering, in this manner, represents an extraordinary risk to table tennis because of certain variables which incorporate. Match fixing, which happens when the players or match authorities deliberately neglects to act or act during a wearing challenge to ensure one group wins and the different loses or draw the match. The extreme commercialization of sports and particularly the table tennis in nations, for example, China, Korea, and India may prompt match fixing. Match fixing, subsequently, is a genuine and a deceitful wrongdoing which supports wagering exercises (Binde, 2009). It risks the respectability of the wearing movement since it is in opposition to the normal law and is a type of composed debasement. Match fixing exercises are fuelled by the accessibility of internet wagering which produces a great deal of benefits that are unregulated and in this manner, a prime field for crimes. Wagering then has been transformed into a debasement action and has prom pted the decrease of trust in donning exercises consequently gigantic withdrawal of supporters and onlookers (Gainsbury, 2015). The instance of paying off the match authorities to decide the result of a game has been on the expansion. For instance, officials from the degenerate practices examination Bureau have been researching the Singapore Table Tennis Association for an endeavor to pay off match authorities. A few players additionally pay off authorities to be permitted to take part in the matches having utilized execution upgrading drugs. In China pay off is endemic because of the high rivalry in the table tennis and each player need to speak to the nation in universal rivalry. The expansion of the pay off case particularly in the Asian nations is because of poor compensation and the plot of the nearby authorities. Chinese, Japanese and Korean tennis players are inclined to obliging pay-offs because of their poor compensation which is gotten late. Wagering organizations consider these players to pay off them to permit adversary dominate the game in return for money related additions. Moreover, neighborhoo d authorities have gigantic controls over the players thus they are compelled to take hush-money (Forrest, 2011). The budgetary and the policy centered issues have likewise added to the expansion in defilement. The misrepresented cost of the tickets which has been contributed by the political elements has presented players to debasement. Because of low media inclusion players need supports henceforth defenseless against the wagering offices who offer to give them tips in the event that they conform to their requests. Right now, the most relevant inquiry which governmental issues needs to address is the manner by which doping can best be settled. The acknowledgment that a few nations like Russia supported it players to doping program is a genuine danger to the uprightness of the table tennis. In certain nations, administrators must be paid off to pass the laws to cause their particular nations to consent to WADA approaches (Brackenridge, 1997). Likewise, absence of straightforwardness in the overseeing of the International Table Tennis Federation (ITTF) has added to different smoke screens such insect doping infringement for money related prizes. Money related straightforwardness at International Table Tennis Federation (ITTF) is negligible and of extremely low quality in lucidness. The expanded absence of straightforwardness has added to expanding of defilement systems. Further, straightforwardness is additionally vital for the satisfactory appraisal of the use of such a body. Subsequently, to control defilement the ITTF must be open about it use of assets and its tasks (Abbott Volberg, 2014). Taking everything into account, ITTF has seen all degrees of assault to the uprightness of the table tennis. Match fixing, wagering, absence of straightforwardness, pay off, political and budgetary issues has been the significant dangers to table tennis. To ensure these indecencies are checked and the degrees of defilement decreased solid games laws should be ordered and executed to the last mentioned. Further, table tennis players should be compensated liberally for permitting them to have not too bad lives, subsequently diminishing the pay off cases. A solid framework to rebuff the individuals who are engaged with coordinate fixing ought to likewise be executed. The International Table Tennis Federation (ITTF) ought to likewise guarantee all players cling to the specified guidelines and extreme punishments given to those players and authorities who disregard the standards. References Abarbanel, B. L. (2012). Social markers of web sports wagering approach. UNLV Gaming Research Review Journal, 16(1), 77. Abbott, M. W., Romild, U., Vol berg, R. A. (2014). Betting and issue gamblingin Sweden: Changes somewhere in the range of 1998 and 2009. Diary of Gambling Studies, 30(4), 985-999. Bhullar, N., Simons, L., Joshi, K., Amoroso, K. (2012). The relationship amongdrinking games, hitting the bottle hard and betting exercises in understudies. Diary of Alcohol and Drug Education, 56(2), 58. Binde, P. (2009). Investigating the effect of betting publicizing: A meeting study ofproblem speculators. Worldwide Journal of Mental Health and Addiction, 7(4), 541-554. Brackenridge, C. (1997). He claimed me basically...'Women's understanding of sexual abusein sport. Global Review for the Sociology of Sport, 32(2), 115-130. Creeks, G. (2012). Internet betting and cash laundering:views from within. Diary of Money Laundering Control, 15(3), 304-315. Delfabbro, P., King, D. L., Griffiths, M. (2012). Social profiling of problemgamblers: an outline and survey. Worldwide Gambling Studies, 12(3), 349-366. Forrest, D. (2011). Wagering and the Integrity of Sport. In Sports Betting: Law and Policy(pp. 14-26). TMC Asser Press. Gainsbury, S. M. (2015). Web based betting dependence: The connection among internetgambling and cluttered betting. Current habit reports, 2(2), 185-193. Gainsbury, S. M., Russell, A. (2015). Wagering designs for sports and races: A longitudinal investigation of web based betting in Australia. Diary of Gambling Studies, 31(1), 17-32.

SAME SEX MARRIGE Research Paper Example | Topics and Well Written Essays - 750 words

SAME SEX MARRIGE - Research Paper Example f same-sex marriage, and while there are individuals who state they ought to be sanctioned and depend upon the equivalent rights for everybody, including gay people, there are additionally the individuals who discover a ton of contentions against the authorization of gay relationships. For the most part those contradicting the equivalent sex relationships guarantee that the gay individuals are ordinarily not in the propensity to be dedicated to one another. Anyway this can scarcely fill in as a sensible and sound contention as not all hererosexuals are reliable and given married couples. Considering that there are different advantages (social and passionate) for individuals who get hitched, it turns out to be evident that it is out of line to deny gays and lesbians of their entitlement to get hitched uniquely on the ground of their sexual direction. Truth be told, in numerous nations of the world and a few conditions of America gay relationships have just been authorized. So it appears that soon the gay individuals everywhere throughout the world will get the option to get hitched to their accomplices. There are still, obviously, some copying issues that are being contended about and examined, for example, embracing and raising youngsters in gay families, anyway even these are being tackled now in numerous world nations basing upon the presupposition of equivalent rights and equivalent open doors for each person. By what means would marriage be able to be characterized? Marriage is the solidarity of two individuals who live respectively, and this solidarity ought to be recognized by the general public. Such factors as having youngsters, cherishing one another, and even authority acknowledgment (for in certain spots, it is as yet conceivable to wed without enlistment) are redundant. It is typically underestimated by most of individuals that relationships are closed between two individuals of various sex; anyway throughout history there have been a lot of instances of solidarities of individuals of a similar sex, and these solidarities had all highlights of a â€Å"ordinary† marriage (Sparta, Ancient Greece, Rome, Ancient China and Japan). If we talk about

The Cheesecake Factory Restaurant - 275 Words

The Cheesecake Factory Restaurant (Essay Sample) Content: The Cheesecake Factory RestaurantStudentà ¢Ã¢â€š ¬s NameInstitutionIntroductionThe Cheesecake factory restaurant which was started from the humble efforts and persistent dedication of Evelyn and Oscar Overton; remarkably transformed the cake baking industry with new cheesecake baking recipes that are embellished with great desire by the consumers. It is currently located in the largest city of the Arizona state, Phoenix. Phoenix is the largest city in Arizona and does have a large population hence making this a very prime location for the cheese cake factory restaurant. Enveloped in a society that does love to have a good treat of delicious food and sweet cakes; the restaurant has prestigiously grasped the loyalty of clients in Phoenix and embarked on a great journey of continually expanding.What happened in the interview?The interview was a delight as the employees were very benevolent and the internal environment does distinguish an excellent level of class and th ey offer exquisite, highly catered to meals. The temporary manager Shirleen was very pragmatic while assisting me to be efficacious with my assignment. She was very social and did answer all the questions I asked directly and managed to provide clear explanations that offered an in-depth understanding of both the restaurant and her management position. Even though it was not a primarily needed answer to get, Shirleen did firmly stick to her choice of not explaining why she was currently working as a temporary manager rather than as a permanent employee at the cheesecake factory restaurant.The employees did essentially place great effort in their serendipitous treatment towards the interview visit. They were very ready to answer any questions I had and did offer quality services in accommodating me for the day. It was a very pleasant visit that did yield valuable results with the interview.The style of the restaurantThe cheesecake factory restaurant was greatly inspired by the Overt ons as Evelyn always came up with ultra modern and unique cheesecake recipes. Her passion for cooking did exemplify a new generation of creative cooking and baking in the food industry. Due to the business being nurtured for many decades, the reputation of the company is highly distinguished among the consumers.The cheesecake factory restaurant style is providing an internal classy environment where the arrangement of the guests sitting is very orderly and beauteous in the outlook. The manner of serving food is also conducted in a high class system as they do offer meals in different preferences such as appetizers, salads, desserts, pastas, snacks, freshly baked breads specialties and main meals specialties (All menus, 2014).The restaurant has also implemented the innovative style of always creating new recipe meals in order to enrich the culture of the society continually as well as enhance the satisfaction of consumers. The restaurant does offer the best cuisines in Phoenix for bo th direct consumptions at the restaurant as well as takeaway meals.The cheesecake factory restaurant food and serviceThe cheesecake factory restaurant does produce exquisite taste in their unique recipe meals and has a variety of meals that can be consumed by a diversity of the plebeians. Their services do entail offering high-quality catering services at the restaurant, at the homes of clients as well as offices of respective clients. The catering services are also extended to parties where they can cater to partying packages of eight to ten guests per party. Big parties can also be catered to by the cheesecake restaurant and even privately held events can hire their high-quality services as well.Client can also order takeout meals at the cheesecake factory restaurant and they can opt to either collect their orders directly or even have it delivered. All meal can be ordered on takeout thus creating even greater levels of satisfaction for all clients.The food is simply delicious as it is made by professionally trained and highly experienced teams of chefs. As mentioned above the meals are classified in their respective categories as follows (All menus, 2014): 1 Appetizers such as fried macaroni and cheese. 2 Deserts such as Chinese chicken salad. 3 Sandwiches such as Cuban sandwich. 4 Salads such as shrimp and grits. 5 Pastas such as Pasta Da Vinci. 6 Specialties such as chicken enchiladas. 7 Burgers such as the Kobe burger. 8 Pizza specialties such as the spicy meat pizza....

Gender And Its Impact On Gender Essay - 2026 Words

The idea of gender is most commonly known as a very simple thing: either male or female. While today we know that is not strictly the case, and that gender is a more fluid thing, that it is more of a spectrum, that was not always a societal acceptance. Even today there is a hesitancy to accept that gender is not as black and white as people think, so the topic of gender in the time of Shakespeare well, one would expect it to be even stricter than the opposition faced today in terms of whether or not gender is more than just male or female. But when looking throughout his works, it can be found that that is not the case. Shakespeare’s characters and stories are of a varying nature, and he plays with the notion of gender binaries and the two-gender paradigm. He can be ambiguous, he can flip traditionally expected roles, he can challenge the notion of gender altogether, it just depends on which of his works is being read. Shakespeare’s approach to gender and its significan ce, is that of a challenging one. He challenges not only the physical presentation of gender, but also the traditional roles associated with it. He also calls attention to the issue with simply taking gender at face value, at viewing it as a simplistic, shallow concept. Shakespeare showcases the fluidity, and in a way the insignificance, of gender within many of his plays, but this paper will be specifically looking at the two-gender paradigm (not the complete gender spectrum) within Macbeth and As You Like ItShow MoreRelatedGender And Gender Impact On Gender1836 Words   |  8 PagesGender is important to Western society, and fittingly, it is deeply woven into the infrastructure of the United States. Whether it comes from the media, school, work, or church, people are fed innumerable amounts of messages everyday instructing them how he or she should look and behave based on their sex, and there is no escaping it. 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Airport Security of Travellers - 531 Words

The most important security measure at an airport is to confirm the identity of travellers. This is done by checking a photo ID such as driving license. The passengers who are travelling internationally need to have passport. Just glancing at a photo ID is not enough, however. The hi-tech fashion in airport security today is biometrics. Biometrics includes checking fingerprints, retinal scans and facial patterns using complex computer systems to determine whether someone is what they say are - or if they match a list of people the government has determined may be potential terrorists. The PA system at an airport played an automated message saying they do not leave your luggage unattended. And check -in ask some questions: †¢ Did someone else pack your luggage? †¢ have your luggage in your possession at all times. †¢ Have you given anything or asked you to continue or see anything for them? †¢ You are carrying flammable objects These are very important questions. A tactic sometimes used by terrorists is to hide a bomb in the luggage of an unsuspecting person. Another tactic is to give something, maybe a toy or stuffed animal, someone who is about to board a plane. That seemingly innocent object can be a bomb or other harmful device. Security screening: All passengers must keep track of their belongings as they go through the selection process. It is suggested that valuables such as wallets, passports, jewellery and cameras are placed in hand luggage before reaching the point ofShow MoreRelatedTourism - Discuss how changes in air transport since the 1950s are reflected in both leisure and business travel trends1442 Words   |  6 Pagesclassifications of travel purpose, these are business and leisure. Business travellers usually have a higher need than want to travel, as it is important for their jobs. They do not have to pay for their travel costs and often travel under short notice. 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Strategic Analysis- AT&T

Question: Since this is your first consulting job for this client, you want to do it right. After all, this could lead to additional analysis opportunities for you down the road. After benchmarking with other financial consultants, and viewing some of their work, you feel you need to provide the following information to your client: Brief history and description of the company background, primary product/service offerings, customers, business sector(s), etc. Financial analysis of XYZ Company based on data provided from the last four financial reports (Annual Reports and 10Ks). (note: you must choose a publicly-traded corporation in order to be able to access this data) Based on discounted free cash flows, determine enterprise value, equity value and value per share. Weighted average cost of capital details Report on the strengths and weaknesses of any financial trends of XYZ Corporation XYZ Companys competitors who are they, size, background, etc. XYZ Companys industry what are trends in t his industry? Based on your research, where do you think XYZ Company is going to be in three to five years? Provide the valuation on 3 to 5 years going forward. To help answer this question you need to know the company as well as the industry. Make sure you provide and support the assumptions used to project the companys future. Answer: Introduction One of the oldest telecommunication companies in the world is ATT being founded in the year 1874. During the mid 20th Century the company was the largest telecommunication company in the world with employee strength of 1,000,000 people and revenues over $ 3 billion. The services of the company include voice calls, internet services as well as voice over internet protocol services (VOIP). The service users of the company include both the public and the private sector. The company had monopoly in the telecommunications sector over most of the period in 20th Century. In 2005 the company merged with SBC communications and was subsequently rechristened as ATT Inc (ATT, 2016). The paper will analyse pertinent financial information and evaluation of the competitors so as to come at a valid conclusion. Financial Analysis Financial analysis is one of the crucial parameters that lucidly illustrate the standings of an organisation. It is carried out by different ratios and other metrics. For ATT such analyses have been elaborated in the subsequent section. Revenue of the company for the financial year 2012, 2013, 2014 and 2015 was $127434 million, $128752 million, $132447 million and $146801 million respectively. The gross profit margin for the company for these four years was 56.7 %, 60 %, 54.2 % and 54.3 % respectively (Morning Star, 2016). Operating Income (in USD Million) for 2012, 2013, 2014 and 2015 was 12,997, 30,479, 11,746 and 24,785 respectively. The operating margin for these four years was 10.2 %, 23.7 %, 8.9 % and 16.9 % respectively. From analysing the financial data as provided by the annual reports the dividends paid was 1.77USD, 1.81 USD, 1.85 USD and 1.89 USD respectively for the years 2012-2015. The payout ratio for the company for these four years was 141.6 %, 125 %, 56.6 % and 208.9 %. Net income of the entity from 2012 to 2015 (in USD Million) was 7264, 18249, 6224 ad 13345. Evaluation of the financial data indicates that ATT has been fairly successful in its operation (Karmarkar and Apte, 2007). Instances of fluctuations can be seen within the performances of the company but overall performance has been quite satisfactory. One of the key indicators of the economic value of an entity is denoted by Enterprise value. In other words Enterprise Value is the assessment of an entitys total value that includes market value of stock, preferred equity and debt added with minority interest and deduced by cash and investments (Shin and Bartolacci, 2007). For the chosen entity the Entity Value is $ 389.12 billion. EV/EBIT ratio is also used in order to understand the acumen of an entity. For AT T the Earnings before Interest and Taxes are $27,224 million. As such the EV/EBIT ratio is 14.24. The EV/ EBITDA of ATT are 7.30 where EBITDA for the company is $53, 105 million. The book value per share for the company for the FY 2015 was $19.96 (Morning Star, 2016). Formula used for the calculation was (Total Equity Preferred Stock)/ Shares Outstanding = (122,671- 0)/6145 = 19.96. In the last 12 months value per share grew at a rate of 20.4 %. Again, the weighted average cost of capital (WACC) is denoted as the average ra te that is needed to be paid to the different security holders for financing the assets. It is often called as the cost of capital of an organisation. From the trailing twelve months data (TTM) the WACC of AT T is 3.69 % with return on invested capital being 7.63 % (ATT, 2016). It has been illustrated by the following equation. WACC=E/ (E+D)*Cost of equity+ D/ (E+D)* Cost of debt * (1-Tax rate) Where, Cost of equity is 1.510+0.35*7.5 %= 4.135 % Cost of Debt = 4120 / 103992.5 = 3.9618% Average tax rate based on the tax rate of last two years is 34.4 % This indicates that the company has been successful in generating greater return from the investment than that of the costs needed to raise such capitals. In other words the company is earning excess returns. Based on the discussion as carried out in the above section it may be opined that ATT has been able to operate successfully and to meet the needs and expectations of the different stakeholders (He et al, 2006). Trends of Strengths Weaknesses (financial) The data as deciphered in the above section can be used in ascertaining certain trends for the company. The revenue over the four year period for the entity has increased from 127,434 million to 146, 801 million. Other than revenue operating income, net income, dividends and payout ratio have all increased in this four year window. Ratio analysis has also illustrated that the company has been successful in extracting greater returns from the market (Seo et al, 2008). Some of the crucial elements that have enabled the company to bolster its performance are effective cost management strategies, repurchase of shares and innovative product offering. The company has invested significantly in upgrading the services for expanding the LTE services. However some of the issues that have cropped up can be described as the tepid wireless subscriber trends, discount plans, declining Average Revenue per User (ARPU) and increased spending on infrastructure (Dittrich and Duysters, 2007). Transmission speed of data and overall usage of it has increased drastically over the years that have resulted in exponential cost rise. The features of a good telecommunication service are transmission speeds, accessibility and price. The company, in order to increase capacity and spectrum, has incurred more than $ 40 billion in metropolitan areas like Chicago, Washington, Los Angeles and Dallas. Moreover, the continuous tussle between the telecommunication provider resulted in decline of margin and AT T is no different (Cricelli et al, 2011). The operational scale of ATT is essentially vast and the company has a complex structure that has made it more difficult to be flexible as compared to some smaller companies. Greater spending by the company on LTE networks and infrastructure has also increased its debt obligation. Consolidated revenues for the company grew at a rate of 23 % over the year to $ 40.5 billion. When Earnings per share metrics (EPS) are compared it indicates to an increase of 10.8 % (Morning Star, 2016). Moreover free cash flow for the company increased to $3.2 billion signifying an increase of 17% when metrics from the FY 2012 are compared. Some of the grey areas that have emerged from analysis of the company are the decline of U-Verse consumers, post-paid customers and decline in video subscribers. To sum up, it may be opined that there are pros and cons for the company. The positives as decoded from the annals far outweigh the weaknesses. With vast operational experience ATT is expected to bridge the shortcomings and gaps in the future and bolster the organisational standings (Owczarczuk, 2010) Competitor and Industry Analysis The aspect of rivalry is omnipresent and companies irrespective of their nature are constantly engaged in competition so as to enhance operational sphere and subsequent revenue. The American telecommunication sector is characterised by a large number of companies vying with each other for tapping this ever growing sector (Dholakia et al, 2013). Some of the notable competitors of ATT include Verizon Communications Inc., Vodafone Group, Deutsche Telekom, BT Group, Telefonica and other numerous smaller companies. All these companies have their USPs and loyal customers. Moreover, the process of globalisation has also led to entry of foreign entities intensification of the competition (Hanif et al, 2010). Highlights of the performances of some of the key players have been carried out in the subsequent section. Verizon Communications has a market capitalisation value of $218, 693 million with net income of $ 14,441 million. The dividend yield % for the company was 4.2 with interest coverage ratio of 6.7. The debt to equity ratio of the company was 4.8 with Compound Annual Growth Rate (CAGR) % over a five year period being 4.3. Vodafone group has a market capitalisation of $82889 million with net income figures of $ (4024) million (Morning Star, 2016). The % dividend yield of the company was 5.0 and interest coverage ratio of -1.6. Again, the debt to equity ratio of the company was 0.4 coupled with 5 year CAGR % being -2.2 %. For Deutsche Telekom market capitalisation value was $ 80,062 million and a net income of $ 5592 million. As a % the dividend yield of the company was 3.5. The compounded annual growth rate of the company over a span of five years was 2.1 %. The interest coverage ratio of the company was 2.8 and debt to equity ratio being 1.6 (Berg et al, 2012). BT Group posted a market capitalisation value of $ 51178 million along with a net income figure of $ 2665 million. The dividend yield as a % was 3.6 along with an interest coverage ratio of 6.9. The D/E ratio for the company was 1.1 with CAGR % of -1.4. Telefonica has a market capitalisation value of $50,000 million USD and net income value of $1844 million. Dividend yield, expressed as a percentage, for the company was 4.4 %. Interest coverage ratio for Telefonica was 1.1 % and a D/E ratio of 3.2. The growth rate o9f the company as expressed by the CAGR was -6.6 % (Battistella, 2014). In light of the above discussion the performance of AT T can be stated to be fairly positive. The company has operated efficiently and some of the metrics of the company are significantly better than that of its rivals. The industry average in the telecommunication sector in US is: market capitalisation of $17292 million, net income of $ 119,412 million, 3.5 % dividend yield, CAGR 8.3 %, debt to equity ratio 0.9 %. Thus some of the metrics for ATT is higher than the industry average as well as the rivals (Malhotra and Kubowicz, 2013). Due to sheer volume of the company the CAGR may be lower than some of the newer entrants but the overall scenario is favourable. Future trends All over the world the telecommunication sector is growing rapidly. However such growth rate is lesser in developed markets like that of US. Experts have pointed out that service fees will keep diminishing over the years with content and service being projected to rise significantly. Another significant trend is spurt of internet connectivity and the world is poised to enter the era of zettabytes (Merritt, 2011). Another significant trend is that there will be an incursion of boomers and the US market will be thoroughly saturated. Carriers and service providers will be expected to provide more exhaustive security measures and telecommunication companies have to include greater technical finesse and innovation. For ATT these developments will provide challenges and growth opportunities alike. There will be massive consumption of data coupled with spurt of wearables. It is expected that fifth generation mobile networks (5G) along with internet of things (IoT) will bring a wave of chang e (Paulrajan and Rajkumar, 2011). Challenge for ATT lies in providing quality and affordable services in a market that is witnessing increased usage, failing rates and sparse spectrum. Recommendations Owing to the volatility of the money market it is difficult to predict precisely. For the same reason forecasts are made only for the next one/two quarters. From observations of the analysts few trends have been depicted that have been used for drawing valid recommendations. The 12 month price target of the shares of the company comprises a median of $45.00, high estimate of $48.00 and low estimate of $26.00. When compared to the last price, the median represents an increase of 7.24 % (Financial Times, 2016). Overall view of the analysts on the stock prices of AT T is that they are overweight. In other words the stock of ATT offers better value for money than others. As such investing in the stock of the company will be a good option. The 2016 dividend of the company is expected to be around $1.928 and 2017 dividends of $ 1.973. These predictions show that dividend of the company will grow at a rate of 2.01 %. From this criterion too the company has performed well. Revenue for the company for the second quarter of 2016 was $40.52 billion. For the third quarter the revenue is expected to go up to $41.15 billion. Finally the fourth quarter revenue is slated to be $ 42.39 billion with an average growth rate of 5.59 %. According to the analysts overall revenue of the company for the FY 2016 and FY 2017 will be $164.62 billion and $167.86 billion respectively with growth rates of 3.83 % (Financial Times, 2016). Conclusion The paper has illustrated history and brief description of one of the largest telecommunication companies in the world with relevant discussion on the services. The financial performance of the past four years have been analysed by the help of the annual reports. Discounted free cash flows have been used for determining the enterprise value (EV), equity value and value per share. Moreover the weighted average cost of capital has also been ascertained and appropriate trends have been discussed. It has been observed that the company has performed better than many of the rivals and is poised to expand further (Cricelli et al, 2011). Future trends within this industry have been stated along with effective recommendations that the company will find useful in augmenting its position. References: ATT (2016): Online accessed from https://www.att.com/gen/investor-relations?pid=9186 accessed on 13/8/2016 Battistella, C. (2014). The organisation of Corporate Foresight: A multiple case study in the telecommunication industry.Technological Forecasting and Social Change,87, 60-79. Berg, S. V., Jiang, L., Lin, C. (2012). Regulation and corporate corruption: new evidence from the telecom sector.Journal of Comparative Economics, 40(1), 22-43. Cricelli, L., Grimaldi, M., Ghiron, N. L. (2011). The competition among mobile network operators in the telecommunication supply chain.International Journal of Production Economics,131(1), 22-29. Dholakia, R. R., Mundorf, N., Dholakia, N. (2013).New infotainment technologies in the home: Demand-side perspectives. Routledge. Dittrich, K., Duysters, G. (2007). Networking as a means to strategy change: the case of open innovation in mobile telephony.Journal of product innovation management,24(6), 510-521. Financial Times (2016): Online accessed from https://markets.ft.com/data/equities/tearsheet/forecasts?s=T:NYQ accessed on 17/8/2016 Hanif, M., Hafeez, S., Riaz, A. (2010). Factors affecting customer satisfaction.International Research Journal of Finance and Economics,60(1), 44-52. He, Z. L., Lim, K., Wong, P. K. (2006). Entry and competitive dynamics in the mobile telecommunications market.Research Policy,35(8), 1147-1165. Karmarkar, U. S., Apte, U. M. (2007). Operations management in the information economy: Information products, processes, and chains.Journal of Operations Management,25(2), 438-453. Malhotra, A., Kubowicz Malhotra, C. (2013). Exploring switching behavior of US mobile service customers.Journal of Services Marketing,27(1), 13-24. Merritt, C. (2011). Mobile money transfer services: the next phase in the evolution of person-to-person payments.Journal of Payments Strategy Systems,5(2), 143-160. Morning Star (2016): Online accessed from https://financials.morningstar.com/competitors/industry-peer.action?t=T accessed on 13/8/2016 Owczarczuk, M. (2010). Churn models for prepaid customers in the cellular telecommunication industry using large data marts.Expert Systems with Applications,37(6), 4710-4712. Paulrajan, R., Rajkumar, H. (2011). Service quality and customers preference of cellular mobile service providers.Journal of technology management innovation,6(1), 38-45. Seo, D., Ranganathan, C., Babad, Y. (2008). Two-level model of customer retention in the US mobile telecommunications service market.Telecommunications Policy,32(3), 182-196. Shin, D. H., Bartolacci, M. (2007). A study of MVNO diffusion and market structure in the EU, US, Hong Kong, and Singapore.Telematics and Informatics,24(2), 86-100.