Friday, December 27, 2019

Security Analysis and Portfolio Management Free Essay Example, 750 words

ï » ¿Question # 3: a) There is direct relationship between the economic conditions and the performance of the stock market of a particular economy. This makes it necessary to investigate the overall condition of the economy before making an investment decision to purchase finance securities. An investor will be able to get increased return on the financial securities if the economic condition is positive. The fundamental analysis of the stock market involves the method of stock valuation which utilizes the concepts of financial and economic analysis in order to forecast the future movement and condition of the value and prices of the financial securities. b) Gross Domestic Product (GDP): 1. Gross Domestic Product (GDP) is the measurement of the all goods and services produced by the economy. It is the most essential indicator of the economic condition of any country and reflects the overall economic activities. 2. Five primary components of GDP are: private consumption (C), government consumption (G), investments (I), imports (M), and exports (X). GDP = C + I + X – M 3. Real GDP is different from nominal GDP, as it is adjusted for any changes in the price. We will write a custom essay sample on Security Analysis and Portfolio Management or any topic specifically for you Only $17.96 $11.86/pageorder now Real GDP provides the result in constant dollars. Most of the analysts mostly use real GDP while analyzing the economy because it allows the better outlook of the overall condition of the economy. This measure allows to compare the performance of the economy in different time periods as the effect of inflation or deflation has been adjusted. c) Cyclic economic indicators are useful to predict and forecast the economic condition. 1. The three groups of cyclic economic indicators are: leading indicators, lagging indicators, and coincident indicators. These indicators are divided on the basis of their occurrence timings in relation to the business cycle. The leading indicators consist of those economic variables which show changing trend before the complete change in the economy. The lagging indicators consist of those economic variables which change after the change in the economy. And coincident indicators consist of economic variables which change a t the same time the economy is changing. 2. The most useful economic indicator will be leading indicators for forecasting the economic activity as these indicators will allow to take necessary steps and measures beforehand. d) The technical analysts or chartist usually focus on the price and volume charts in order to forecast the future trends in the stock industry. However, economic indicators can also be used by technical analysis in the process of technical analysis. Economic indicators can help the technical analysts in predicting the future market activity. e) According to the Efficient Market Hypothesis (EMH) the financial markets are efficient in term of information. This means that it is not possible for the investor to get excess returns as compared to the average market returns, as the prices of the stock always reflect all relevant and important information. On the other hand behavioral finance presents the idea that there are imperfections in the financial markets because of the different behaviors and attitud es of the investors like overconfidence, bias information, overreaction, etc. Question # 4: a) The two types of municipal bonds or securities are: General Obligation bonds and Revenue bonds. The difference between this both types is on the basis of the repayment of the principal and interest. In General Obligation bonds the payments of the principal and interest are supported by the faith and credit of the issuer or municipality and are supported by the taxing power of the municipality. On the other hand in Revenue bonds the payment of principal and interest is secured on the basis of revenue generated from specific project. b) In order to assess the default risk of General Obligation bonds one should consider the taxing base of the municipality i. e. the current debt in against this base and the variability associated with the tax (Fischer & Jordan, 356). On the other hand in order to assess the default risk of Revenue bonds, one should consider the financial feasibility of the project which is supporting the bond and the variability associated with the revenue generated from that specific project. c) If the municipal bonds are not supported by taxes, then municipality purchases private municipal bond insurance in order to reduce the risk associated with the municipal bond and increasing the credit rating. Municipality justify the cost of the insurance premium by the value of the interest cost which is saved throughout the life of the bond (Feldstein & Fabozzi, 1088). d) The main feature that attracts investors to buy and own municipal bonds is interest revenue or income earned by municipal bond holders are usually exempted from income tax of the state and federal income tax. e) Serial bond is defined as a bond whose fraction or portion gets matured at regular intervals till complete bond has become matured. In comparison to serial bonds, corporate bonds are matured at the end of their tenure so a typical bondholder would get the principle amount at the end of duration rather than getting small portion of principle at regular intervals as in the c ase of serial bonds. Works Cited Feldstein, Sylvan, & Frank, Fabozzi. The Handbook of Municipal Bonds. New Jersey: Wiley & Sons, Inc. , 2008. Fischer, Donald, & Ronald, Jordan. Security Analysis and Portfolio Management. New Delhi: Pearson Education, Inc. , 1995.

Wednesday, December 18, 2019

Arrested Development Essay - 1054 Words

------------------------------------------------- Clarence Williams ------------------------------------------------- EN102 Outline for argument analysis: Arrested Development I. ------------------------------------------------- Introduction: * ------------------------------------------------- James Forman Jr. targets this article towards conservatives who oppose racial profiling * ------------------------------------------------- Claim: Forman claims that racial profiling is an ineffective way to enforce the law and should be stopped. ------------------------------------------------- II. Summary: Arrested Development by James Forman Jr. , is an article that looks at the issue of racial profiling. III.†¦show more content†¦------------------------------------------------- Forman follows the star criteria exceptionally well * ------------------------------------------------- He gives supporting facts, is credible, and is accurate with the facts that he stated ------------------------------------------------- ------------------------------------------------- Conclusion-In conclusion Forman effectively makes a persuasive argument against racial profiling ------------------------------------------------- Clarence Williams ------------------------------------------------- 9-23-12 ------------------------------------------------- EN102 ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- Argument Analysis: ------------------------------------------------- â€Å"Arrested Development: The Conservative Case Against Racial Profiling† by James Forman Jr. ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- Arrested Development by James Forman Jr. , is an article that looks at the issue of racial profiling. Forman addresses the views of conservatives who believe racial profiling to be a useful tactic in enforcingShow MoreRelatedArrested Development Essay728 Words   |  3 Pages21) Arrested development is a term used to describe a person who has not fully developed emotionally and has become â€Å"stuck† at a certain emotional level. The term has had different meanings over time and in the field of medicine, it was used to describe someone who had stopped developing physically. In the UK, the 1983 mental health act suggested that arrested development was a type of mental disorder where someone who was mentally impaired at a severe level had less intelligence than someone whoRead MoreCriminology Rational Choice Theory1683 Words   |  7 PagesName Instructor Course Date Essay Questions Question 1 At the core of criminology, there is a belief that a criminal decides to commit a crime after weighing the benefits and disadvantages of engaging. 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The main topic of most of his works is that a revolution was necessary in the less developed countries lik e Iran in order to gain freedom and independentRead MoreFemale Criminality And The Criminal System1368 Words   |  6 Pagesto prostitution evading many other aspects of women criminality such as hysterics, infanticide and shoplifters, which were generally the stars of the tabloid press but not of criminological studies (Bronfman, 2007; Rodrà ­guez, 2006). Throughout this essay I will present various facets of female criminality and delinquency, including prostitution, and the many issues faced by women in the criminal system, as well as the forensic techniques that were developed to identify these female criminals such asRead MoreChildhood Memories Essay1204 Words   |  5 Pages† It couldn’t have been easy getting her five kids, husband and deafmother washed, DRAFT Essay #6 family story Hughes 1 dressed, organized and piled into the station wagon for one of these outings. Organize she did, however, and off we would go. When we did go out, it almost always had to do with something for the church. My father was a Presbyterian minister for something called a â€Å"New Church Development.† This meant that in 1961he had left a fancy big city churchy church to travel out to theRead MoreEssay on The Political Principles of Thoreau807 Words   |  4 Pagesanti-war, anti-slavery essay for which he is probably best known, has become a manual for social protest by giving support to the passive resistance of Mohandas Gandhi, Dr. Martin Luther King, Jr., and other conscientious objectors (Paul 233). Thoreau’s Civil Disobedience was mainly a protest against slavery: I cannot for an instant recognize the political organization as my government which is the slave’s government also (854). On a deeper level, the essay was a general protestRead MoreThe 2000S Were A Tumultuous Time In The United States.1678 Words   |  7 PagesThe 2000s were a tumultuous time in the United States. From 2003 to 2006, Fox TV aired a half-hour sitcom named Arrested Development that follows the dysfunctional Bluth family. In the pilot episode, a â€Å"riches to rags† transformation occurs as the SEC arrests the scheming family patriarch, George Bluth Sr., on charges of defrauding investors after stealing money from the quasi-family real-estate company. Only his second eldest son, Michael Bluth, who also serves as the main protagonist, is competentRead MoreJust Following Orders Essay1390 Words   |  6 Pagesimpact of ethical behavior on the development of social responsi bility for businesses? I believe that very few times ethics in business and law are associated, ethics in business are unwritten rules for behavior on business practices and laws are written rules set by government to protect people. For instance if you violate an ethical code in business you could face humiliation, a slap on the hand and you move on, but violate a law and you could be arrested and penalized by the rules set by governmentRead MoreThe Punishment Of Drug Laws1685 Words   |  7 Pagespopulation; marijuana, known in those days as hemp, was used by Latinos; cocaine was popular among black Americans. Soon, all of these drugs became illegal to possess and use. The minorities targeted by these laws were harassed by public officials, arrested, and thrown in jail. (Jarecki) Even after the progress American society has made by doing things like repealing the Jim Crow laws, desegregating schools, and making legal allowances for preferential treatment of minorities for reparation of pastRead MoreShanice Johnson Week 3 Civil Liberties Essay1135 Words   |  5 Pagesï » ¿Associate Level Material Civil Liberties and Rights Timeline and Synopsis Instructions Complete the following timeline with entries that demonstrate the development of civil liberties and rights over time. In part two, write a brief essay of at least 350 words which discusses specific social movements and how they relate to the development of civil liberties and rights. Part One: Civil Liberties and Rights Timeline Complete the second column with brief descriptions of key decisions on civil

Tuesday, December 10, 2019

Blockbuster Video Analysis Essay Example For Students

Blockbuster Video Analysis Essay The video rental industry was one of the more growing services retailers in the mid-1990s. However, due to Blockbuster, many rental video companies have failed to compete against this category killer. West Coast Video, Video City, and Hollywood Video, which are among the few and only large competitors of Blockbuster in the tri-state area. Many family-owned video rental stores could not compete against Blockbusters assortment of videos. Blockbuster opened its first store in 1985 and has grown to become the worlds number one video chain. Blockbuster is open 365 days a year with 9,800 stores worldwide. Customer base has risen above 50 million in the United States as well as several million more worldwide. The Gallup Organization, known for the Gallup Polls, declared that Blockbuster has 100 percent recognition. Most importantly, 70 percent of the population in the United States lives within ten minutes of a Blockbuster store. Category killers, however, usually attract customers from far distances. Because most customers are ten minutes away, small businesses in competition will fail. A recent marketing campaign has been the promotion of DirecTV, a digital satellite service alternative to cable television. Also, an alliance with Radio Shack has been in effect promoting new technologies. To compete against the up rise of online rental services, Blockbuster has been testing online rental services which allow customers to reserve and rent videos from specific stores. The other services retailer is West Coast Video, a Philadelphia-based company that was once a supreme challenger to Blockbuster. West Coast Video was at one point, New Jerseys largest video rental chain in 1997. That preceding year, the company acquired stores from Palmer Video, Super Video, and Great American Video. It became the fourth largest video chain with close to half of its 568 stores in New Jersey. However, the company has approximately 225 stores to avoid going out of business. This year, West Coast has closed most of its North New Jersey stores, including this analyzed store. The West Coast store has been bought out by Video City, a recent competitor trying to tackle the Northeast market. However, they only operate a small number of stores in the area and specialize in e-commerce. They have no marketing strategies as of yet. The Blockbuster store is located in Nutley, New Jersey, a middle-class town that is fairly large. The town houses over 30,000 people and the downtown area consists of a main street (Franklin Avenue) with a Shop Rite, small shops, fast-food restaurants such as Burger King, steakhouses, pizza parlors, and a number of schools. Blockbuster is located at the most condensed part of this avenue and is the largest and most noticeable business at this part of the area. This Nutley location is the largest store in New Jersey with 2 floors. There is only a second floor entrance/exit and the new releases are located on the first floor. Blockbuster also has a large assortment and variety of videos that include: drama, comedy, horror, action, martial arts, children, musical, as well as the newest line of video games. They also carry the largest number of DVDs for rent as well.Pricing at Blockbuster is relatively moderate. New release cost has risen slightly the last few years and is currently at $4.23 per rental. The length of holdings for the newest releases are two days, the rest of the new releases are 5 days, and the videos must be returned before noon. Older category releases are 5-day rentals and cost $3. 17, which is cheaper of the two companies. Games are 5-day rentals and cost $5.99. Blockbuster also offers the rental of game systems. .u410771c0eac124a8948615857ed1ab65 , .u410771c0eac124a8948615857ed1ab65 .postImageUrl , .u410771c0eac124a8948615857ed1ab65 .centered-text-area { min-height: 80px; position: relative; } .u410771c0eac124a8948615857ed1ab65 , .u410771c0eac124a8948615857ed1ab65:hover , .u410771c0eac124a8948615857ed1ab65:visited , .u410771c0eac124a8948615857ed1ab65:active { border:0!important; } .u410771c0eac124a8948615857ed1ab65 .clearfix:after { content: ""; display: table; clear: both; } .u410771c0eac124a8948615857ed1ab65 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u410771c0eac124a8948615857ed1ab65:active , .u410771c0eac124a8948615857ed1ab65:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u410771c0eac124a8948615857ed1ab65 .centered-text-area { width: 100%; position: relative ; } .u410771c0eac124a8948615857ed1ab65 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u410771c0eac124a8948615857ed1ab65 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u410771c0eac124a8948615857ed1ab65 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u410771c0eac124a8948615857ed1ab65:hover .ctaButton { background-color: #34495E!important; } .u410771c0eac124a8948615857ed1ab65 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u410771c0eac124a8948615857ed1ab65 .u410771c0eac124a8948615857ed1ab65-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u410771c0eac124a8948615857ed1ab65:after { content: ""; display: block; clear: both; } READ: Writing for an audience Essay However, they are quite expensive, they give the customer a chance to test out the system by renting it before they decide to purchase the item. New video game systems that have come out this year are X-Box and Nintendo Gamecube. These will be very popular rentals and Blockbuster will carry all the newest game releases for these video game systems. Late fees are also a problem with customers; Blockbuster charges the cost of the rental per day. Blockbuster also has a popular program called Rewards and members pay a small fee yearly, which keeps track of customer

Tuesday, December 3, 2019

The Impact of Scientific Revolution on Christianity

The discoveries of outstanding scientists in the seventeenth century had impact on various dimensions of life of the society and changed the alignment of forces in the Western community. Questioning the supremacy of church as the most powerful institution in the Western society, the scientific advances revolutionized the existing system of knowledge and became an important player in exploring the phenomena of the surrounding world.Advertising We will write a custom essay sample on The Impact of Scientific Revolution on Christianity specifically for you for only $16.05 $11/page Learn More In the Middle Ages, the church was the only and the most powerful institution in the West world which could influence any sphere of life. Questioning the authority of the church always resulted in serious conflicts but did not raise the doubts as to the central role of the religious bodies in the community. The Protestant Reformation and the Scientific Revolution have ch anged the situation in the sixteenth century. Enhancing people’s understanding of the processes in the surrounding world, scientists questioned the established religious patterns along with the authority of the church. The discoveries of Copernicus and Galileo were so significant that revolutionized the generally accepted notions of the order of the universe and the central place of the humanity in it (Weaver and Brakke 106). Rene Descartes, Francis Bacon and Isaac Newton with their outstanding discoveries contributed to the scientific progress and preconditioned the changes in the alignment of forces in the society. Assuming that the universe might be not as mysterious as it was believed previously, the scientists transformed the existing system of beliefs and questioned the supremacy of the church as the most important political strength. Changing the existing system of beliefs, the scientists who contributed to the scientific revolution, revolutionized the Western world, g iving rise to doubts concerning the credibility of the Christian doctrines and the supremacy of the church as the most powerful institution. Questioning the credibility of the Christian doctrines as to the origin of humanity, its place in the universe and the organization of the universe itself, scientists made the church which previously was recognized as the most powerful institution take into account the scientific community as an important society player. The scientific revolution cannot be defined as a rapid or unexpected event, and it was preceded with a sequence of scientific discoveries and research works. It would be wrong to associate these immense changes in the society with a single name or a single work though Copernicus, Galileo, Bacon and Newton are recognized as the main contributors to the scientific progress in the seventeenth century. â€Å"With the publication of Newton’s Principia – its reconciliation with Christianity came more and more to mean t he adjustment of Christian beliefs to conform to a position of intellectual dominance over Christianity† (Osler 249).Advertising Looking for essay on religion theology? Let's see if we can help you! Get your first paper with 15% OFF Learn More On the other hand, a number of researchers criticize the attempts of separating and opposing science and religion, emphasizing the interaction between the domains. â€Å"The proponents of a mechanical philosophy were driven by religious concerns† (Lindberg and Numbers 61). The scientific advances could not undermine the role of the church as a powerful institution in general and became only one of significant segments of the system of beliefs, influencing but no substituting the religious studies. The sequence of scientific discoveries in the seventeenth century changed the existing alignment of forces in the Western world and undermined the supremacy of church as the most powerful institution, questioning the credi bility of Christian doctrines and providing information which contradicted them. Works Cited Weaver, Mary and David Brakke. Introduction to Christianity. Belmont: Cengage Learning. 2009. Print. Lindberg, David and Ronald Numbers. When Science and Christianity Meet. The University of Chicago Press. 2003. Print. Osler, Margaret. Rethinking the Scientific Revolution. New York: Cambridge University Press. 2000. Print. This essay on The Impact of Scientific Revolution on Christianity was written and submitted by user Annabelle Stevenson to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Wednesday, November 27, 2019

The Young Offenders Act essays

The Young Offenders Act essays This essay was written to show the advantages and disadvantages of the Young Offenders Act over the previous Juvenile Delinquents Act. Also it should give a theoretical understanding of the current Canadian Juvenile-Justice system, the act and it's implications and the effects of the young offenders needs and mental health on the outcome of the trials. In the interest of society the young offenders act was brought forth on april second 1984. This act was created to ensure the rights and the needs of a young person. Alan W. Leshied says "On one hand the justice and legal objectives of the act are being effectively realized while on the other hand the needs and treatment aspects of it leave much to be desired." The research of the Young offenders act is still ongoing but Leshied says that it is becoming clear that the custody positions have been in dispute since the act came into effect. The old Juvenile delinquency act states in section 38 "The care and custody and discipline of a juvenile delinquent shall approximate as nearly as maybe that which should be given by his parents, and... as far as practability every juvenile delinquent shall be treated, not as a criminal, but as a misguided and misdirected child . . . needing aid, encouragement, help and assistance."(Page 72) If a youth is close to the adult age of 18 years they could be transfered to the adult justice system. This means that they would be given the same sentences as an adult including and up to life in prison. Many people have tried to correct this problem that they see as a weakness. Yet, so far their attempts have failed. Another weakness they find, is that the courts are expensive and unsatisfactory methods of dealing with crime that is not very serious. Before the fabrication of legal aid most young offenders were ...

Saturday, November 23, 2019

William Wordsworth and Robert Browning Essay Example

William Wordsworth and Robert Browning Essay Example William Wordsworth and Robert Browning Paper William Wordsworth and Robert Browning Paper Literature basically has various genres which originate from the rise of different literary geniuses. Poets do not just follow other poet’s method in expressing their thought and their ideas. Poetry is more of a poet’s expression of his feelings towards his observations of the happenings in his environment thus a form of literary expression. It only means that the type of poetry method that a poet applies could tell of the period to which he lived. No account of poetry and its various forms is complete without reference to the relationship of certain poetry to the time to which it is created. The art of poetry definitely reveals the imagination of men living in a society at one time in history. Robert Browning and William Wordsworth lived at almost the same era however their works are quite distinctive from each other. It is not hard to distinguish Browning’s work from that of Wordsworth due to the methods they employed in their poems. It just important to analyze what makes their works identifiable and different from each other. Wordsworth is considered as a romantic poet while Browning is a social-realist. The origin and the components of such basic methods of literature should be explained and tackled well in order to understand the difference and similarities of the two poets. In English literature, the Romantic period is considered to begin with Wordsworth. He offered new definitions and new insights into what originally constituted poetry (21st Century Universal Encyclopedia). In terms of origins and influence, Romanticism was more widespread since no other artistic change has such comparable variety (Brians). It is one of the two major artistic philosophies of the Western culture. This movement began in 1770 and in 18th century, it transformed almost all forms of literature including poetry. It has its origins in the social changes of the 18th century, in a new awareness of nature as it was probed by science in a reaction against industrialization and in intellectual support for radical political ideas. This shows a renewed interest in medievalism (21st Century Universal Encyclopedia) as well as the artist’s role in the changing world. Romanticism calls forth opposing movements. It calls for change and it was even successful in the way it changed history. Though emotions like terror and rage are also seen in the Romantics, the most popular emotion was love. The inspiration for this emotion is the relationship between pair of lovers. Unlike at present in which love is identified with sex, it was treated in a cynical manner by the Romantics (Brians), the reason why though the theme of most arts during that time was about boldly speaking of emotions, it was accepted and recognized. Social realism is a basic method in literature which is defined as a truthful and historically concrete representation of reality showing the revolutionary development (21st Century Universal Encyclopedia) and it aims towards illustrating and explaining the unlikely part of life because it does not exist to amuse but to show the effects of poverty, immorality and war (Free Essays). Its roots lie in the 18th century and it aimed at social transformation (Social Realism) and is rather defined by the message it conveys more than the style. Majority of works at this period were reflection of their hard work, their religion, legacy of the revolution (Grove Dictionary of Art as quoted in Social Realsim). Scholars tend to distinguish Romantic and Victorian poetry but as observed, the Victorian is just a later stage of Romantic which is evident by fact that wild, passionate, and other intense emotions exemplified in the Romantic is continually shown in all forms of Victorian literature and arts (Brians). William Wordsworth sought to put an end the reigning practice of neoclassic poetry (Norton 239 as quoted by Moore). He began the Romantic Movement with his collection of Lyrical Ballads in collaboration with Samuel Taylor Coleridge. He is best-known as poet who reawakened his readers to the beauty of nature. Through his works, he described the emotional fervor and perceptive insights from which naturally beauty aroused (21st Century Universal Encyclopedia). His works are focused on the nature, children, the poor, common people, and used ordinary words to express his personal feelings (William Wordsworth).

Thursday, November 21, 2019

Religious terrorists are modern manifestations of historical Essay

Religious terrorists are modern manifestations of historical traditions of extremism - Essay Example will evaluate various literature and research already carried out, which examines religiously stimulated violence and terrorism by Christian, Jewish as well as Islamic extremists. Efforts to better understand the root causes of different types of religious political violence have been carried out through studies. They give hope that they might provide an opening for a more productive negotiations between political and various religious leaders of all faiths on ways to minimize religiously stimulated terrorism. Religious terrorism is an act of violence, which is influenced by religious beliefs. Mostly, the perpetrators commit the violent act based on their personal goals, which may or may not necessarily value other people’s values and beliefs. They also believe that their actions are justified due to their belief that it is for a greater good. However, this is not always the case. History redirects to the significant role that religion play in political and social change. All around the world, there are various instances of faith-grounded and faith-stimulated persons, groups and associations. Current examples include the high prominence of the African church with its leaders during the anti-apartheid fight in South Africa. Another example is the liberty theologians of Latin American republics who got involved in societal reorganization and political action in reaction to the human need and social discriminations they witnessed around them (Cherribi, 2009). Although there exists quite a number of religious activities that were meant to fight for the better good of a population, there are, however many instances that prove otherwise. In these cases, their activities tend to be selfish and only advocate for the good a smaller group that shares the same interests. Therefore, I consider it to be a constructive way of change. A particular religious group can be perceived to be extremist or terrorist, if and when its actions instill direct or indirect harm to the