Comparative Analysis Essay Example | Topics and Well Written Essays - 1000 words - 6

Comparative Analysis - Essay Example In Genesis 2, God created heavens and earth. In addition, after creating the land, God made it grow tree out of it in order to make it pleasant, and created rivers passing through it. Then, God created man to till the land (Genesis 1 and 2). The Mongolian creation story revolves around a father and two sons who lived in the world, which by then was made of the upper and under world and covered by water all over. The two boys decided to create dry land using mud then later created animals to stay on that land including the dog that first had very smooth skin, which could talk. The American Mayan creation theory talks of existence of two gods before the world attained its true form. These were the Maker and the Feathered Spirit who lived in utmost darkness, except for their glittering features. Consequently, the two gods collectively created the world and things in it, which happened instantly according to their thoughts. Darwin’s theory on the origin of species is another creat ion theory is based on the idea of variation. It argues that the many characteristics and adaptations that differentiate different species of organisms is an indication of possible evolution of species over time, which continually diverged. These creation stories reveal that there are two sides to creation, that is, naturalists vs. evolutionists. Contrary to what naturalists suggest, species are not created independently, neither are they immutable. Nevertheless, all these stories differ on how species developed into their current complex forms, but they are reconcilable in the fact that they share a common ground that creation started from an existing being or object ignited by some supernatural power. According to Genesis 1 story of creation, first there was heaven and earth, which was void without any form. Then God said, â€Å"Let there be light: and there was light† (Genesis 1),

Financial Management Essay Example | Topics and Well Written Essays - 2000 words - 4

Financial Management - Essay Example This paper aims to explore the importance of managing foreign exchange risks as well as the methods of managing it that most multinational companies employ. Also, by analysing the practices of two companies when it comes to managing foreign exchange risks in line with good academic practices, certain recommendations with regard to risk management practices for a fast-growing listed company in the UK can be proposed in the process. In this age of globalisation, many companies conduct businesses in countries other than their own. With opportunities in new markets come various types of risks—business risks, macro environmental risks, as well as foreign exchange risks (Pattichis et al. 2004). When a company conducts a business outside the country where it is based, the company is said to be exposed to some foreign exchange risks, where the fluctuations in the differences between the home countrys currency and the host countrys currency may result in adverse impacts in the companys income from international operations, as well as its balance sheet. Companies need to protect themselves from these risks; a drastic change in the exchange rate between the home countrys currency and that of the host country can result in significant gains or losses (Nazarboland 2003). Aside from this, those which are otherwise very profitable international ventures of the company, due to fluctuations in the foreign exchange rate, may seem to be a losing business. For companies that have significant foreign direct investments across the globe, in order to assess more accurately the performance of their international subsidiaries, managing the foreign exchange risk is very important (Collier et al. 1990). Also, these differences will have a significant effect on the parent companys reported earnings as well. When companies have investments outside their home countries, these investments are usually exposed to foreign