Monday, January 27, 2020

Ranbaxy Laboratories Limited

Ranbaxy Laboratories Limited Ranbaxy Laboratories Limited, Indias largest pharmaceutical company, is an integrated, research based, international pharmaceutical company, producing a wide range of quality, affordable generic medicines, trusted by healthcare professionals and patients across geographies. Ranked 8th amongst the global generic pharmaceutical companies, Ranbaxy today has a presence in 23 of the top 25 pharmaceutical markets of the world. The Company has a global footprint in 49 countries, world-class manufacturing facilities in 11 countries and serves customers in over 125 countries. In June 2008, Ranbaxy entered into an alliance with one of the largest Japanese innovator companies, Daiichi Sankyo Company Ltd., to create an innovator and generic pharmaceutical powerhouse. The combined entity now ranks among the top 15 pharmaceutical companies, globally. The transformational deal will place Ranbaxy in a higher growth trajectory and it will emerge stronger in terms of its global reach and in its capabilities in drug development and manufacturing. Financials Ranbaxy was incorporated in 1961 and went public in 1973. For the year 2008, the Company recorded Global Sales of US $ 1,682 Mn, reflecting a growth of 4%. The Company has a balanced mix of revenues from emerging and developed markets that contribute 54% and 39% respectively. In 2008, North America, the Companys largest market contributed sales of US $ 449 Mn, followed by Europe garnering US $ 330 Mn. Business in Asia is going strong with India clocking sales of around US $ 300 Mn with market leadership in several business segments, backed by strong brand-building skills. Products Using the finest RD and Manufacturing facilities, Ranbaxy Laboratories Limited manufacture and markets generic pharmaceuticals, value added generic pharmaceuticals, branded generics, active Pharmaceuticals (API) and intermediates. The Company remains focused on ascending the value chain in the marketing of pharmaceutical substances and is determined to bring in increased revenues from dosage forms sales. Ranbaxys diverse product basket of over 5,000 SKUs available in over 125 countries worldwide, encompasses a wide therapeutic mix covering a majority of the chronic and acute segments. Healthcare trends project that the chronic treatment segments will outpace the acute treatment segments, primarily driven by a growing aging population and dominance of lifestyle diseases. Our robust performance in Cardiovasculars, Central Nervous System, Respiratory, Dermatology, Orthopedics, Nutritionals and Urology segments, clearly indicates that the Company has strengthened its presence in the fast-growing chronic and lifestyle disease segments. Introduction to the industry The Indian pharmaceutical industry currently tops the chart amongst Indias science-based industries with wide ranging capabilities in the complex field of drug manufacture and technology. A highly organized sector, the Indian pharmaceutical industry is estimated to be worth $ 4.5 billion, growing at about 8 to 9 percent annually. It ranks very high amongst all the third world countries, in terms of technology, quality and the vast range of medicines that are manufactured. It ranges from simple headache pills to sophisticated antibiotics and complex cardiac compounds; almost every type of medicine is now made in the Indian pharmaceutical industry. The Indian pharmaceutical sector is highly fragmented with more than 20,000 registered units. It has expanded drastically in the last two decades. The Pharmaceutical and Chemical industry in India is an extremely fragmented market with severe price competition and government price control. The Pharmaceutical industry in India meets around 70% of the countrys demand for bulk drugs, drug intermediates, pharmaceutical formulations, chemicals, tablets, capsules, orals and injectibles. There are approximately 250 large units and about 8000 Small Scale Units, which form the core of the pharmaceutical industry in India (including 5 Central Public Sector Units). Company analysis:-Key Strengths Company growing faster than the market. One of the largest distribution networks that comprises 2500+ skilled field force. Dedicated task forces for specialized chronic therapies A strong player in the NDDS segment. Key brands include Cifran OD (Ciprofloxacin), Zanocin OD (Ofloxacin) Sporidex AF (Cephalexin) Strong brand building capabilities, reflected in the fact that around 20 brands feature in the Top-300 brands of the Industry list. Leading brands are Sporidex (Cephalexin), Cifran (Ciprofloxacin), Mox (Amoxycillin), Zanocin (Ofloxacin) Volini (Diclofenac) A well-built customer interface, with one of the highest customer coverage across India, and an excellent franchise with both Generalists Specialists. This is proven by Ranbaxy Indias Corporate Image being perceived as Best-in-Class by customers (source: AC Nielsen ORG MARG Report, June 2004) Great emphasis is placed on Knowledge Management and Medico-marketing initiatives such as Advisory Board Meetings, Post Marketing Surveillance Studies and Continuous Medical Education programs. These have resulted in an excellent customer relationship with the medical fraternity. More than 2000 interface programs (Symposia, CMEs) are conducted and about 20 Clinical Papers published annually With a futuristic approach, the India operations attempt to capitalize on the fast- emerging, high-growth segments with innovative products and services: A slew of products have been launched in the Dermatology segment: Suncross (Sunscreen lotion), Sotret (Isotretnoin), Eflora (Eflornithine). Anti-diabetic franchise has been further consolidated with launch of Insucare (Insulin) with an innovative delivery mechanism Controlled Insulin Logistics This ensures that the cold chain, vital for product efficacy, is maintained. Dividend Payout Analysis:- Indicates the proportion of earnings that are used to pay dividends to shareholders. Ranbaxy laboratories dividend payout ratio is comparative reduced from the previous days, in other words they pay a dividend to its shareholders. This is the case for most high growth firms; their profits are better spent by reinvesting in the firms activities rather than as a cash payout to shareholders. In fact a majority of corporations have elected to pay out less of their earnings as dividends, perhaps because corporate rates of return on reinvested capital are higher these days, but it could also be that dividends are doubly taxed in some jurisdictions. The DPR measures what a companys pays out to Investors in the form of dividends, in this year dividends are not paid to the share holders. As per the data the DPR is comes to 60.06 from 94. Return on Equity Analysis: Sometimes ROE is referred to as Stockholders return on investment, it tells the rate that shareholders are earning on their shares. Ranbaxy laboratories are earning a very respectable growth rate on shareholders equity. Companies that generate high returns relative to their shareholders equity are companies that pay their shareholders off handsomely, creating substantial assets for each money invested. These businesses are more than likely self-funding companies that require no additional debt or equity investments.Return on net worth or equity (ROE) is a second useful profitability ratio. If we are getting from investing our own money in the business. If this return is less than the return we could obtain from an equal or less risky investment, then there is a good economic argument that we should leave farming and invest elsewhere. In the case of Ranbaxy laboratories, the ROE is not as good or at their esteemed level because of the earning of the company. The revenue or profit is g enerated in the current financial year is in the diminishing level EPS Analysis: The earnings per share ratio are mainly useful for companies with publicly traded shares. Most companies will quote the earnings per share in their financial statements saving you from having to calculate it yourself. By itself, EPS doesnt really tell you a whole lot. But if you compare it to the EPS from a previous quarter or year it indicates the rate of growth at companies earnings are growing (on a per share basis). Ranbaxy laboratories EPS have decreased almost 16.56 to -24.85 since last year; it is not an excellent growth rate for the company. Some analysts like to use â€Å"projected† EPS to analyze a stocks current value in respect to these estimates. Share Market Analysis: Ranbaxy Labs good for long term investment. There are some issues which are a big concern for the company, however, as the stock markets will stabilize, the Ranbaxy stock will also bounce back. Ranbaxy Labs has shown decent growth in the past five years. The company has presence in all major markets across the world. The stock used to be a safe bet for last many years. Things havent changed in terms of the business of the company; however, much has changed in the stock markets. Investors are worried about the future of the company. And they have a reason to worry; the stock hasnt offered the returns everyone expected. The results may be announced by the end of this month and long investors can think of entering the stock at lower levels. Stock Watch expects the stock to touch 350 400 levels within a year. The target has been estimated after evaluation of various factors including the business model; US market status and company valuations. The recent fall in the stock price is mainly due to bad news about the company in recent times. Things should start improving after three months as the stock bottoms out. Cash rich Japanese parent will support Ranbaxy and the company will offer decent returns. Investors can start accumulating the stock in range Rs 200 220. The rate RLL Sell/Medium Risk (3M) with a target price of Rs357.40. I expect the stocks valuations to move in line with the sentiment toward the sector, key to which are price expectations, progress on deregulation, and government decisions on the taxation part of the pharma industry. Analysis about the overall management of the company:- 2Q09 turns into profit, guidance maintained: Ranbaxys 2Q09 net profit of Rs6.93bn includes pre-tax gain of Rs8.1bn on hedges and Rs1.9bn on loans. Excluding these adjusted net profit is c. Rs370mn (company estimate of Rs633m) cf. our estimated loss of Rs230mn. Sales were higher at Rs17.9bn (our estimate Rs16.5bn) due to better performance in India and US. EBITDA margin reported at c.7% includes operational forex gain of Rs716mn, termination amount paid to Mr. Singh (Rs480m) and income from settlement with Teva Rs550m. Company has maintained its guidance of no profits for CY09. Sales trend unchanged: Sales decline 2% YoY in Re terms, 16% in $. US, EU, CIS and Brazil are down in $ terms. India grew at 21% in Re terms on back of 28 new product launches and tender sales. Newly acquired brands from Ochoa in pain and dermatology segment (full year sales of c.Rs300m) have not contributed yet. Growth across markets in constant currency is similar to 1Q09 YoY trend due to inventory de-stocking. US beat our expectation due to sumatriptan contribution. Mgt guided to a run-rate of $50m for US for 2H09. Costs are still high: 2Q09 cost of sales as % to sales at 62.4% is much higher than estimated and 58.6% seen in 1Q09. This could be due to ongoing overheads at Poanta without revenue contribution. SGA expenses ex-termination amount are in line with estimate. One major issue in mind of investors in the exit of promoters. Promoters have sold their stake to Pharmaceutical major Daiichi from Japan. Technical experts believe the issues in US markets and pending litigations are behind the promoters exit. The future of Ranbaxy will now depend on the plans Japanese company has for Ranbaxy. The parent company hasnt given any solid statement about the future plans for Ranbaxy. Once the announcements are made, investor sentiment will turn positive. Industry analysis: Porter 5 force model Todays business environment is extremely competitive and in economics parlance where perfect competition exists, the profits of the firms operating in that industry will become zero. However, this is not possible because, firstly no company is a price taker (i.e. no company will operate where profits are zero). Secondly, they strive to create a competitive advantage to thrive in the competitive scenario. Michael Porter, considered to be one of the foremost gurus of management, developed the famous five-force model, which influences an industry. Industry competition Pharma industry is one of the most competitive industries in the country with as many as 10,000 different players fighting for the same pie. The rivalry in the industry can be gauged from the fact that the top player in the country has only 6% market share, and the top five players together have about 18% market share. Many smaller players that are focused on a particular region have a better hang of the distribution channel, making it easier to succeed, albeit in a limited way. An important fact is that pharmacy is a stable market and its growth rate generally tracks the economic growth of the country with some multiple (1.2 times average in India). The product differentiation is one key factor, which gives competitive advantage to the firms in any industry. However, in pharmacy industry product differentiation is not possible since India has followed process patents till date, with laws favoring imitators. Going forward, we foresee increasing competition in the industry but the form of competition will be different. Economies of scale will play an important part too. Last but not the least, in a vast country of Indias size, government too will have bigger role to play. Bargaining power of buyers The unique feature of pharmacy industry is that the end user of the product is different from the influencer (read doctor). The consumer has no choice but to buy what doctor says. However, when we look at the buyers power, we look at the influence they have on the prices of the product. Bargaining power of suppliers The pharmacy industry depends upon several organic chemicals. The chemical industry is again very competitive and fragmented. The suppliers have very low bargaining power and the companies in the pharma industry can switch from their suppliers without incurring a very high cost. Companies like Orchid Chemicals and Sashun Chemicals were basically chemical companies, who turned themselves into pharmaceutical companies. Barriers to entry Pharma industry is one of the most easily accessible industries for an entrepreneur in India. The capital requirement for the industry is very low; creating a regional distribution network is easy, since the point of sales is restricted in this industry in India. The barriers to entry will increase going forward. The change in the patent regime will see new proprietary products coming up, making imitation difficult. The players with huge capacity will be able to influence substantial power on the fringe players by their aggressive pricing which will create hindrance for the smaller players. Threat of substitutes One of the key reasons for high competitiveness in the industry is that as an ongoing concern, pharma industry seems to have an infinite future. In the Indian context, companies like Cipla and Glaxo are likely to be key players. Though consolidation within the current big names is not ruled out. Smaller fringe players, who have no differentiating strengths, are likely to either be acquired or cease to exist. Economic analysis:- Monetary policy affected pharma industry:-The excise duty reduction on pharmaceuticals is unlikely to have any effect on the prices of medicines as the government has, in a parallel move, decided to cut the abatement rate for calculation of MRP based excise duty on pharmaceuticals. The Finance Ministry, in a move to rationalize abatement rates, has brought down the 42.5 per cent abatement enjoyed by the drugs industry to 35 per cent. Almost all domestic majors such as Ranbaxy, Dr Reddys and Cipla and multinationals like GSK and Johnson and Johnson have either own units in hill states, or rely on contract manufacturers in the hill states for production for the domestic market. Budget: THE BUDGET presented by Finance Minister has brought cheers for pharmaceutical companies. In the current financial year excise duty of 4 per cent has been retained while custom duty has been lowered on some vital life saving drugs and heart contrivances. The present budget has made an important provision to reduce custom duty from 10 per cent to 5 per cent on medicines and bulk drugs and 7.5 per cent to 5 per cent on life saving devices particularly related to cardiac diseases. With reduction in custom duty on certain selected life saving drugs, the prices of 9 particular drugs that are used for the treatment of fatal ailments namely cancer, HIV,hepatiits b are expected to be slashed. In addition to this, the prices of two vital heart devices are also expected to come down. MD of Ranbaxy laboratories also sounded positive with the provisions for Pharma Company in the new budget, he said, Though there were no big moves for pharma, increased government spending on healthcare will have a positive impact. Extension for scope of provisions relating to weighed deduction of 150 per cent on expenditure incurred on in house RD to all manufacturing business is a positive move. Role of Pharmaceutical Industry in India GDP-Facts The Pharmaceutical Industry in India is one of the largest in the world It ranks 4th in the world, pertaining to the volume of sales The estimated worth of the Indian Pharmaceutical Industry is US$ 6 billion The growth rate of the industry is 13% per year The Pharma Industry in India produces around 20% to 24% of the global generic drugs The Indian Pharma sector leads the science-based industries in the country Around 40% of the total pharmaceutical produce is exported The Indian Pharma Industry includes small scaled, medium scaled, large scaled players, which totals nearly 300 different companies There are several other small units operating in the domestic sector As per the present growth rate, the Indian Pharma Industry is expected to be a US$ 20 billion industry by the year 2015 With the large concentration of multinational pharmaceutical companies in India, it becomes easier to attract foreign direct investments The Pharma industry in India is one of the major foreign direct investments encouraging sectors Foreign direct investment:-The Indian pharmaceutical industry has been a successful player in global markets over the last couple of decades. Along with sectors like software and autoauxiliaries, it has spearheaded Indias progress in knowledge intensive and technologically sophisticated markets (Ramachandran et. al, 2006). It contributes to 8% of world production by volume and 1.5% by value (Aggarwal, 2004). It is a highly fragmented industry with more than 20,000 registered units (Indian Pharmaceutical Industry: An Overview, n.d.). It is becoming a major force in outsourced clinical research and has almost 74 U.S. FDA approved manufacturing facilities, the most for any country outside the US (Pharmaceuticals in India. BIBLIOGRAPHY: www.ranbaxy.com www.moneyrediff.com www.moneycontrol.com www.myiris.com Investment and portfolio analysis; third edition, Prasana Chandra

Sunday, January 19, 2020

Operating Plan Essay

We will First Operate in major metro cities, starting with Bangalore, and then Mumbai, Delhi, Chennai, Goa, Pune, Kolkata, Gujarat etc. After Targeting to these cities, we will try to target the rural India which is almost 70 % of India. How will we promote? We will promote through ADVERTISEMENT in ONLINE FORUM, SOCIAL NETWORKING SITES, Locally famous Theatres, Souvenirs given to customers, App Stores, android market apps, PRINT MEDIA which is almost read by every other person commonly, like Hindu, Times of India, etc in Bangalore and also some local brands etc. What will be our sales promotion activity? People would be able to book a whole van for family get together, a birthday party with their movies, buffet lunch or dinner etc all made available in the bus, with some prior booking of minimum 7 days. Also if a school or college wants to show a educational review, or a documentary to their students, the team may take care, go to school and show help them with all things they needed with prior booking. We will be also issuing a pass which will be a three time annual pass in which you can see movie thrice a month with that pass redeeming every time you come. This will be mainly for our day today customers. The annual pass will also contain coupons for free popcorn, or some discount on meal and also some other value added services. How Will We Sell? Our main aim is to earn profit with creating a strong customer relationship. We will sell our Tickets through our own website, Bookmyshow.com. After some time in long term we will make our own apps in Iphone, android market, Ipad etc. The Timings will be pre decided, and a weeks timetable will also be decided, which will show not only new movies, but sometimes a educational film, and local language films of the city we operate in. Where will we park? We will park our cinevan in a short distance from our customers place. A max of 1 km far in any locality we decided. We will park somewhere where there is ample of space for vehicles to come and go. This will help in regulating the traffic. We will also take prior permissions for all our places, etc How will we get our caravan? We will import in the beginning and then we will try and improvise our team and add some designers who can design our caravan which will be more spacious etc. our current caravan will accommodate around 70 people at a time. How will Caravan be like? Caravan will be a bus which will have a same experience as if you are sitting In a multiplex. The Acoustics department will be taken care of and a finest of all will be used there.

Friday, January 10, 2020

Explore the Importance of Cultures and Tradition Essay

Veronica is a short story by Adewale Maja-Pearce. It teaches of how cultures, traditions, relationships, expectations and money force two people raised in the same cultural background, to separate and move on, for better and for worse as their lives take different paths. The story shows the great contrast between African village life and African town life. In the story, Okekà ¯Ã‚ ¿Ã‚ ½ the ever-lasting male friend of Veronica is drawn by the attraction of the city for the opportunities he sees for himself. The young woman Veronica on the other hand does not desire to leave their decomposing village for the city. She rejects Okeke’s offer for numerous reasons. The Gold Cadillac is a similar short story by Mildred Taylor. The Gold Cadillac tells the tale of a young black family from the North of America who purchase a new and rather extravagant car. Much to the despair of their relatives, the father of the household decides to ride the car down to the south, which is soon conveyed to be very racist. This story holds similar themes to that of Veronica as it shows, the contrast in how people from different cultural backgrounds are treated in different parts of America. It is also similar to veronica in that we see the contrasting beliefs amongst the same culture of people within the family. In the story of Veronica we are immediately informed that the local people of this village exist under cultural tradition. The author brings emphasise to them living in a small traditional village with the potential for strong beliefs and cultural traditions by the use of, â€Å"my native village†, which suggests remote, old fashioned almost primitive moral ideas. This is because the word, â€Å"native† is often used to describe tribes, in distant undeveloped ethnic areas. This assumption is confirmed as we learn that one of these beliefs is the important contrast between men and woman’s expectations. Adewale Maja-Pearce calls attention to this through presenting to Veronica’s responsibilities to the reader, â€Å"a lot of the responsibility for bringing up the other children had fallen on her†, the use of the word, â€Å"fallen† also implies that she did not chose to be given these responsibilities, but that her cultural traditions had force d them on her. We also recognize that the society in which Veronica is living in is male dominated and that men feel that they are more important, by the use of Maja-Pearce explaining the way in which Veronica’s father acts towards her, â€Å"Night after night I would lie awake listening to her screams†, as her beats her. One can be certain that this is very much the opinion of the entire village as another man, Okeke’s father, would not intervene, implying that this nature of behaviour towards women was common-place, â€Å"cursing myself for my own physical inadequacy and my father for his unwillingness to become involved.† This shows the importance of these cultures and traditions to people, because a grown man would not prevent the suffering of one of his own people where he had the opportunity, due to the expectations of their society, enforced by their traditions, and further shows the native peoples strong belief in it. Adewale Maja-Pearce also explores the different opportunities that men and women receive in the native village. Women, such as Veronica, were not authorised, what was in many countries at the time the story was written, the right of an education, as men such as Okekà ¯Ã‚ ¿Ã‚ ½ were,† When I was twelve I started at the secondary school in town a few miles away†, she included this to the story to enforce the strong contrast of opportunities and rights between men and women in the village Women were not allowed to attend a school in this village because in the eyes of the natives, they had no reason to as it was expected of the women to remain at their home and perform chores, such as cleaning, caring for the younger children and cooking for the family, she shows this through veronica’s knowledge of what she must do, â€Å"I have to go and cook my father will be home soon†, the Author also stresses this point by the use of , â€Å"I have to†, which implies that Veronica has no choice. However this further illustrates how Veronica is used to her responsibilities, enforced by the culture which she lives in and actually accepts her status quo. â€Å"I can’t just leave my family.† This demonstrates how Veronica, as she gets older, comes to believe that her place is the home, and that all of the responsibility and unfair expectation is justified. However there was a time in which veronica was curious about education and would have liked to go to school, â€Å"and she asked me endless questions about my school†. It also further emphasises her loyalty to her family, as when asked, â€Å"What have they ever done for you?† she replies without hesitation, showing her certainty in what she says, â€Å"Don’t talk like that, they are my family, that is enough.† Most interestingly, she shows much devotion and respect to her father as she cooks for him despite the way he treated her throughout her life, â€Å"And although her father had long stopped beating her in every other respect nothing had really altered†. Caring for people for Veronica was much harder than anyone in Britain could understand, as she would have had no modern appliances; everything would have been done by hand, which is much, more time consuming. The way in which she responded to Okeke’s remark, (stated above), with such certainty also shows that she thought it as a duty to her family to perform the traditions and expectations enforced by her society. In conclusion this shows how important tradition was to the people of this culture in the story because, Veronica is willing to put her family first, before her, in her order of priorities even though it jeopardized her future, because if she had of gone to the city and become a secretary as she was offered, she may have been successful and gained wealth and happiness as Okekà ¯Ã‚ ¿Ã‚ ½ did, however she refused because of her outstanding devotion to her family and further because it fits with the cultural tradition of women caring for their families, she did not eve n consider the proposal for a minute, which also shows that she, â€Å"knows her place†, and what is expected of her. Veronica plays a menial role in life, but she accepts it, as she plays a subservient role working for her father, never trying to achieve anything more as she believes that she neither has the capabilities or the reason to go to the city as she already has a role to play where she is, as carer for her family, and almost slave to her father. This is why she rejects the city that symbolises success, â€Å"Don’t talk foolishness† The key women in, â€Å"Veronica†, and, â€Å"The Gold Cadillac†, can be seen to have some very crucial similarities. It can be observed that both characters feel they have a very strong duty towards their families but furthermore are willing to sacrifice their own lives for the sake of these families. Veronica gave up the chance to lead a successful life in the city where she would achieve independence as she would break away from the chauvinistic society, â€Å"I leave that for others, my own place is here†. We can be assured that she does this for the sake of family by the use of, â€Å"I can’t just leave my family†, this again shows her strong sense of duty towards her family. The same can be observed in, â€Å"The Gold Cadillac†. The mother of the story, unlike the naive children, understands the dangerous racism of the south and the possibility that he may be in danger. We can see her feeling of duty towards the family through her willi ngness to risk her life and her daughters just to be with her husband so that they are all together, â€Å"the girls and I will be going with you†. There is a large contrast between this traditional African village life and the modern African town life. The reader is alerted of this contrast by the use of the different beliefs of the women in the Town, when compared to those living In the village who believe in the more traditional values, â€Å"God has blessed us with as son†, whereas the women in the village are far more, â€Å"materialistic†Ã¢â‚¬Ëœ this is shown by the use of Adewale Maja-Pearce shocking Okekà ¯Ã‚ ¿Ã‚ ½ who was brought up on traditional village beliefs, as he found that women were not as interested in him as a person, but for his money, â€Å"All the women I meet are only interested in my money and cars†. This contrast is also shown by Veronica, who believes in village traditions, when she responds to Okekà ¯Ã‚ ¿Ã‚ ½, â€Å"I don’t believe you†, she cannot understand their views. Adewale Maja-Pearce includes this huge contrast between traditional African village life and modern African town life, so that she could separate the two characters. And show how Okekà ¯Ã‚ ¿Ã‚ ½, who moved on with his life became successful in the wealth area, whereas Veronica who did not let go of what she was brought up on, found much misery, but was blessed with a son and a husband. Veronica found love. I think that Adewale Maja-Pearce was trying to stress that although cultures may seem unjust with their traditions from onlookers, who cannot understand them, that are in some aspects bad, represented by Veronicas father, where these cultures are represented in the story as the, â€Å"native village life†, can also please people with different moral beliefs, such as Veronica who did not desire material possessions, as these people’s cultures allow them find what they value, for veronica love and security with her own family, â€Å"He is a good man, god has blessed us with a son†. Whereas places of opportunity, represented by the use of the Town which Okekà ¯Ã‚ ¿Ã‚ ½ moved to, provide liberation, that brings material success, such as wealth, however it may not bring true happiness, as in the case of Okekà ¯Ã‚ ¿Ã‚ ½ who found career success, but did not succeed in love as he has no wife, â€Å"I have no wife†, â€Å"All the women I meet are only intereste d in money and cars†.

Thursday, January 2, 2020

Intelligent Satire in Voltaires Candide Essay - 868 Words

Intelligent Satire in Candide In the story Candide, Voltaire uses the experiences of the character Candide and dialogue between characters to dispute the theory by other philosophers that Everything is for the best in this best of all possible worlds (Voltaire). Voltaire believed that the society that he lived in had many flaws, flaws which are illustrated throughout the story. Voltaire uses satire to take aim at the military, religion, and societies emphasis of physical beauty, to illustrate that we do not live in the best of all possible worlds. One institution that Voltaire takes aim at in Candide is the institution of the military. Voltaire attacks of the military using dialogue between Candide and Martin as†¦show more content†¦Religion also comes under satirical attack in Candide. Voltaire uses Candides experiences to illustrate hypocrisy within the church. In chapter 24 of Candide, brother Giroflee tells Candide that his life as a monk is miserable. Brother Giroflee tells Candide that he was forced into his position as a monk, which gives the underlying message that members of the clergy are not truly dedicated to God. Brother Giroflee also makes the statement, Jealousy, faction, and fury spring up, by natural law, within the walls of convents(Voltaire 1602). Voltaire demonstrates his view that monks and nuns no better than the common sinner. From the standpoint that we live in the best of all possible worlds, the ideas of jealousy, faction, and fury should have no place inside the walls of convents. This is a round about way for Voltaire to say that we do not live in the best of all possible worlds. Voltaire also illustrated in Candide that society as a whole places more emphasis on physical appearance than on inner beauty. Throughout much of the story, Candide is obsessed with the idea of being reunited with Cunegonde. Candide speaks of how beautiful his future bride is and of how much he really loves her. As the story concludes, Candide is reunited with Cunegonde only to find that she has become ugly. Candide has a change of heart andShow MoreRelatedCandide Paper1355 Words   |  6 PagesCandide is a fictional satire of the optimism many philosophers had for life in general during the mid 1700’s written in response to Alexander Pope’s An Essay on Man. Written by Voltaire, the literary alias of Francois-Marie Arouet, the satire covers religion, the wealthy, love, why people thought natural disasters occurred and especially, philosophy. The novel even goes on to make fun of the art of literature by giving ridiculous chapter headings. Just about everything Voltaire put into CandideRead MoreThe Age Of Enlightenment By Voltaire1572 Words   |  7 Pageswas at an all-time low. Voltaire’s French philosophy included free-thinking and the struggle for defense of civil liberties, in which he uses almost every known literary form, including novels, poetry, and performance art such as plays. His intellectual skepticism of traditional beliefs and dogmas denotes an â€Å"illumined† contrast to the supposed dark and superstitious character of the Middle Ages. http://www.pbs.org/faithandreason/gengloss/enlight-body.html 2. Satire is a literary genre in whichRead MoreWhat was the historical significance of Voltaires Candide and its relevance during the Enlightenment?1445 Words   |  6 PagesWhat was the historical significance of Voltaires Candide and its relevance during the Enlightenment? In his work, Candide, Voltaire uses satire as a means of conveying his opinions about many aspects of European society in the eighteenth century, a period known as the Enlightenment. This Age of Reason swept through Europe, offering differing views on science, religion, and politics. The following essay will outline the philosophical theory of Pangloss, a character of the novel and suggestRead MoreVoltaire s View Of Voltaire1213 Words   |  5 Pagesof money and he wanted money. So everything he accomplished, he did because he thought people are going to buy for him to be rich. One of his most famous is the story of Candide in which he wrote to be entertained. The book is a satire in which Voltaire in some way criticizes the institutions, and the people. Although Voltaire’s societies had many advances, this made him criticize different elements of his societies. In the 1700s the Europeans had so many advances. They had conquered territoriesRead MoreCompare Candide and Tartuffe5528 Words   |  23 Pagescharacters, which satirized the Neo-Classic belief system.     Ã‚   In  Candide, Voltaires approach is called black comedy. Many devastating factors play into the characters lives that causes the reader to be amused in a cynical way in order to guard their inner feelings. He challenges society as a whole by the way he implements real life occurrences into his writing and makes them come alive. This becomes evident when Dr. Pangloss told Candide what came of Cunegonde at the castle of Westphalia after he leftRead MoreOptimism as a Theme for Candide Essay1121 Words   |  5 PagesOptimism as a Theme for Candide Just as on the title, Candide, or Optimism, Optimism is also used as a major theme. Voltaires satire of philosophical optimism is one of the major issues of Candide. Throughout the story, satirical references to the best of all possible worlds contrast with natural catastrophes and human wrongdoing. According to Wikipedia, optimism, the opposite of pessimism, is a lifeview where the world is looked upon the as a positive place. Optimists generally believe thatRead More Voltaire760 Words   |  4 PagesNevertheless, Voltaires determination allowed him to rise above his early misfortunes, and he later went on to pursue college at the College of Louis-le-Grand in Paris. Once there he studied literature, despite his fathers wishes that he pursue a carreer in law. It was during this stretch of the young writers life he first voiced his oppositions on the established church and government in France. By the young age of twenty two Voltaire was exhiled to Sully-sur-Loire for writing a satire ofRead MoreVoltaire s Candide And Dostoyevsky s Notes From Underground1870 Words   |  8 PagesWhile there have been many brilliant works created to provide emphasis to the importance of moderation, two philosophers in particular, Voltaire and Dostoyevsky, have conceivably accomplished the most exemplary job of delivering evidence in Voltaire’s Candide and Dostoyevsky’s Notes From Underground. Each use the two concepts of reasoning and currency in different ways to express the importance of moderation. In contemporary society, daring to ask a pertinent question on a social platform is feasiblyRead MoreThe Life And Death Of Satire2426 Words   |  10 PagesThe Life and Death of Satire The Encyclopedia Britannica describes satire as, â€Å"an artistic form [and] is one of the most heavily worked literary designations, and one of the most imprecise.† (â€Å"Satire†). This definition shows that satire has had time to grow and has been changed over time to encapsulate an entire genre of literature. One of the earliest satires was â€Å"The Frogs,† by Aristophanes the Greek playwright. â€Å"The Frogs† is a play that focuses on Dionysus, and his travels into the underworldRead More Candide Essay2027 Words   |  9 Pages Candide is the illegitimate nephew of a German baron. He grows up in the baron’s castle under the tutelage of the scholar Pangloss, who teaches him that this world is â€Å"the best of all possible worlds.† Candide falls in love with the baron’s young daughter, Cunà ©gonde. The baron catches the two kissing and expels Candide from his home. On his own for the first time, Candide is soon conscripted int o the army of the Bulgars. He wanders away from camp for a brief walk, and is brutally flogged as a deserter