Martin Luther King College Essay Example | Topics and Well Written Essays - 1000 words

Martin Luther King College - Essay Example stood by the steps of the Lincoln Memorial in Washington, D.C. Much to the knowledge of everyone, he delivered what is regarded as one of the greatest speeches in American history. King himself seemed to sense the historic importance of the moment as he opened his "I Have a Dream" speech by calling the March on Washington for Jobs and Freedom "the greatest demonstration for freedom in the history of our nation." The landmark protest, which drew more than 200,000 people, announced a turning point in the civil rights movement and set the stage for the movement's two most important legislative achievements, the Civil Rights Act of 1964 and the Voting Rights Act of 1965 (Microsoft Encarta 2005). It is interesting to speculate on what the course of American history might have been, if Martin Luther King, Jr. had not gone to Montgomery, Alabama in 1954. But he did go, and the America he had grown up in was forever changed. The historic bus boycott that began there in late 1955 brought him national recognition and triggered a decade of direct-action protest that permanently altered the status of black Americans. Andrew Young once said that Rosa Parks thrust greatness upon King. Rosa Parks is a leading member of the local branch of the National Association for the Advancement of Colored People (NAACP), who was famous for her refusal to give her bus seat to a white man. Certainly she shaped the setting in which he emerged as a national figure and challenged him to translate his theory of nonviolence into practice. King had no intention of initiating a major campaign in Montgomery, but Mrs. Parks' refusal to yield her bus seat to a white man on December 1, 1955 forced the first s erious test of King's willingness to undergo personal sacrifice for the sake of Negro freedom. She has never claimed much credit for what happened in Montgomery, but Rosa Parks' action was a catalyst in King's rise to prominence and the emergence of the southern civil rights movement that dominated American social history for a decade (SCLC/NH, National Conventions, 1980). Local leaders of the NAACP, especially Edgar D. Nixon, recognized that the arrest of the popular and highly respected Parks was the event that could rally local blacks to a bus protest. Nixonalsobelievedthat a citywide protest should be led by someone who could unify the community. Unlike Nixon and other leaders in Montgomery's black community, the recently arrived King had no enemies. Furthermore, Nixon saw King's public-speaking gifts as great assets in the battle for black civil rights in Montgomery. King was soon chosen as president of the Montgomery Improvement Association (MIA), the organization that directed the bus boycott. By the time the Supreme Court upheld the lower court decision in November 1956, King prominence elevated him to become leading black national figure. His memoir of the bus boycott, Stride Toward Freedom (1958), provided a thoughtful account of that experience and further extended King's national influence. Another important contribution of King is the Southern Christian Leadership Conference (SCLC), an organization of black churches and ministers that aimed to challenge racial segregation. As SCLC's president, King became the organization's dominant personality and its primary intellectual

Financial Modeling Of Value At Risk Portfolio Essay

Financial Modeling Of Value At Risk Portfolio - Essay Example The report is carried out on a 260-day value-at-risk (VAR) of the portfolio of the shares used to make the report. The shares have been analyzed on a daily basis, to normalize the matching volumes of the traded shares. Various plans, methods and project formulae have been utilized to consider the application to be obtained for a determining process. The data used in the analysis uses closing prices to depict how the entire analysis and procedural VBA analysis operates. The shares and dividends depicted in the data are collected from open sources that have been computerized and processed. Nevertheless, some of the information is slightly corrected in order to evade troubles cause by missing data in the analyzed time, share and stock trades patterns. Additionally, the data has been decreased to the industrial shares and stock trading. The data analysis will have a function at the opening part of non-changed stock market data that creates a stable statistical distribution. The methodolo gies used in this data analysis include stimulation employed in the Brownian motion concept, the analytic method of the VAR concept, the Monte Carlo concept, a historical analysis and non-parametric technique. The outline of the remaining sections of the analysis include a background analysis of the data sample, analytic VAR, Monte Carlo VAR, historical analysis and discussion section. The congruence model has put several considerations into deep concentration. These are the inputs, the components of an organization and the outputs of the organization, defining each of these components intensively. The inputs of an organization have been classified into three main categories, and an additional derivative input has been added. These are; the Environment related inputs, resources and organizational history inputs. The derivative input outlined by the model is strategy, as it determines the functionality, productivity and interrelation of the rest of the inputs (Charnes, 2011, p. 142). An organization has been broadly categorized into four key components which are the task, the individual, formal organization arrangements and relationships as well as information organizational aspects, such as leadership skills. From the components, the model has covered the outputs of an organization, which will be the core focus of our analysis. The outputs have been categorized into three main classes, which include Individual output, Group output and organizational output (Charnes, 2011, p. 142). Using the model, this paper will analyze a company outlining the various issues pertaining to the organization and the extent to which the organization has achieved efficiency as defined by the model and the creators. Table of summary statistics for each of your shares individually B(t) A(t) time Path 1 Path 2 Path 3 time Path 1 Path 2 Path 3 0 0 0 0 0 10 10 10 1 -1.5556 -0.8799 0.7468 1 9.5833 9.7860 10.2740 2 -2.6548 -0.1507 -0.8768 2 9.3036 10.0548 9.8370 3 -5.0247 0.0467 -1.8954 3 8.6426 10.1640 9.5814 4 -4.0943 -0.5172 -1.1894 4 8.9717 10.0448 9.8432 5 -3.9233 -1.2864 0.0331 5 9.0730 9.8641 10.2599 6 -1.1964 -1.1685 0.2872 6