Compare and Contrast two U.S. Presidents - Harry Truman and Ronald Essay

Compare and Contrast two U.S. Presidents - Harry Truman and Ronald Reagan - Essay Example Truman summed up this notion with the words: â€Å"I believe it must be the policy of the United States to support free peoples who are resisting attempted subjugation by armed minorities or by outside pressure.† (Truman, 1947, quoted in Bostdorff: 2008, p. 4) The speech was carefully crafted by Truman’s advisers, and it proved to mark a definitive change in the direction of U.S. foreign policy, leading swiftly into a period of high tension that we know as the Cold War internationally. Within the United States the anti-Communist rhetoric led to the persecution of people known to have, or suspected of having, Communist sympathies. The events leading up to the Korean war show a President increasingly reliant on military force, or the threat of military force, in foreign policy. There had been qualifying statements in the original speech, spelling out that military options were not the only, nor even the main form of support that America could offer to states under threat from â€Å"outside pressure† : â€Å"I believe that our help should be primarily through economic and financial aid which is essential to economic stability and orderly political processes.† (Truman, 1947, quoted in Bostdorff: 2008, p. 120) Despite this qualification, Truman found himself drawn into military options and launching into an in which America perceived itself as playing a policeman role in world politics. It may be that one reason for this turn of events is that Truman, never very eloquent or subtle in his dealing with critics and opponents, could not envisage any other path than a clear and simple resistance. Critics acknowledge the great service that Truman gave in his term of office, and his... This essay discusses that each new President brings to the job a different mix of character traits, experience and skills which then help to determine the style of his administration and the type of leadership that the country experiences. Harry Truman, a Democrat, became President towards the end of the Second World War. He made one of the most fateful decisions in the history of mankind when he gave permission for the use of the atom bomb on Japanese cities, in an effort to bring the war to a speedy conclusion. Having served himself as a soldier in France in the First World War he had direct experience of the dreadful casualties of trench warfare with mechanized traditional weapons, and he was reluctantly persuaded that the atom bomb would be a means to an end, pushing the enemies to surrender. The tactic was effective, but the cost in human life shocked the world, and the shadow of nuclear weapons has influenced world history ever since. After the war Truman proved to be a diligen t supporter of the victims of the war. He helped put together the Marshall plan which sent aid to millions of starving people and contributed to the rebuilding of war-torn Europe. Ronald Reagan was a completely different type of character than Truman. He was a Republican, and through his experience in the world of films had an easy rapport with the great and the good of America. He was at first regarded as something of a liability, because of his advancing age, and his lack of substance, but he became one of the most popular Presidents at home and abroad.

Business and Management Essay Example | Topics and Well Written Essays - 3000 words

Business and Management - Essay Example is reveals that instead of having loads of weaknesses, the organization gained higher profits in comparison to the previous year and industry average. Increment in the sales volume and sales amount had the highest contribution to make this possible. Effective cost management can also be considered as the contributing factor. Lower Gearing Ratio: Basically gearing ratio indicates the relationship between the equity capital and debt. The reason behind calculating this ratio is to determine the long term financial position of the firm and risk factor associated with the organization. Gearing ratio reveals the sustainability of capitalization of the organization. In that case, it can be concluded that being comparatively low geared in comparison to the industry, the company has a scope of taking more debt. Lower Acid Test Ratio: Acid test ratio is more important than the current ratio as CR does not consider value of inventory. Therefore, it can be assumed that acid test ratio indicates more accurate financial position of the organization than the current ratio. Basically according to the rule of thumb, the standard ratio is perceived to be 1 for this particular ratio but it is quite lower in this case. Even the acid test ratio of the company of 2009 is not only lower than 2008 but also from the industry average. Therefore it can be considered as the weakness for the company. Here it is important to mention that there is huge difference in the result of the two years. There is a 57.59% fall in acid test ratio in the year of 2009 when compared with 2008. Zero bank balance can be blamed for this significant change. Again in 2008, there was no bank overdraft, which again had the contribution to enhance the acid test ratio. A lower liquidity ratio refers that the financial position of the company is not sound enough to meet the current obligation immediately. Lower Current Ratio: The current ratio of the organization in the year 2009 is 1.15 and it refers that current