Monday, January 27, 2020
Financial Ratio Analysis On Company Performance Commerce Essay
Financial Ratio Analysis On Company Performance Commerce Essay Critically evaluating the financial analysis position of the two major UK based Companies BP plc and Royal Dutch Shell plc by calculating the ratios which seems to be an appropriate to bring-out the performance and the strategic financial management of the companies. BP PLC AT Glance BP is one of the worlds largest energy companies, providing its customers with fuel for transportation, energy for heat and light, retail services and petrochemicals products for everyday items with Core BP Brands are: Castrol Arco Aral Am Pm Wild bean cafà © Starting in 1908 with oil found in a rugged part of Persia after a long and difficult search. Still commencing its development in this 21st century with the long-term projects in Russia, the Gulf of Mexico, North America, Azerbaijan, Indonesia were it has a lot of oil and gas in the proverbial pipelines. The BP group operates across six continents, were products and services are available in more than 100 countries with 80,300 employees (at 31st Dec 2009).the sales and other operating revenues comes to $239 billion (2009).the number of service stations expanding to 22,400 with an active exploration and production in 30countries. SHELL PLC at Glance The parent company of the Shell group is Royal Dutch Shell plc, which is incorporated in England and Wales. Shell is a global group of energy and petrochemical companies and headquarters are in The Hague, the Netherlands, were Chief Executive Officer is Peter Voser. Its aim is to meet the energy needs of society, in ways that are economically, socially and environmentally viable, now and in the future. The brand oils are: Shell Advance :-Shell Advance oils unique performance package is dedicated to bikes and bikers, backed by years of know-how and expertise in lubricants and biking experience. Shell Donax :-Shell Donax Heavy Duty Transmission fluids. Protecting the fleet and reducing the maintenance costs. Shell HelixHYPERLINK javascript:void(#):-Shell Helix motor oil contains active cleansing agents that continuously clean and protect the engine, allowing it to operate at its full potential. Shell Retinax :-The superior performance of Shell Retinax greases is recognised by many of the worlds leading truck manufacturers, many choosing Retinax as their factory-fill grease of first choice. Shell Rimula :-Shell Rimula is one of the worlds leading brands of heavy duty diesel engine oils with top quartile brand preference in many of the markets in which they operate. Shell Rotella :-Shell Rotella portfolio includes heavy duty diesel engine oils, coolants, multi grade oils, designed to provide excellent performance for vehicles, farm implements and construction equipment. Shell Spirax :-Shell Spirax is a leading brand of transmission and gear fluids. Shell Plc operates in above 90countries with 101,000 number of employees on sale of 145 billion litres of fuel. It produces 2% of worlds oil and 3% of worlds gas containing of 44,000 thousand shell service stations and above 35 refineries and chemical plants all over the world. What Is PIMS? Profit Impact of Marketing Strategy (PIMS) is a data base of the market profiles and business results of major American and European companies developed with intention of providing empirical evidence of which business strategies lead to success with in particular industries. Data from the study is used to craft strategies in strategic management and marketing strategy. The study identified several strategic variables that typically influence profitability. Some of the most important strategic variables studied were Market share Product quality Investment intensity Service quality The PIMS project was started by Sidney Schoeffler working at GE in the 1960s, then picked up by Harvards Management Science Institute in the early 1970s, and has been administered by the American Strategic Planning Institute since 1975. It was initiated by senior managers at GE who wanted to know why some of their business units were more profitable than others. With the help of Sidney Schoeffler they set up a research project in which each of their strategic business units reported their performance on dozens of variables. This was then expanded to outside companies in the early 1970s. The survey, between 1970 and 1983, involved 3,000 strategic business units (SBU), from 200 companies. Each SBU gave information on the market, within which they operated, the products they had brought to market and the efficiency of the strategies they had implemented. (http://www.economicexpert.com). The PIMS project analysed the data they had gathered to identify the options, problems, resources and opportunities faced by each SBU. According to Tellis and Golder (1996) claim that PIMS defined markets too narrowly. Respondents described their market very narrowly to give the appearance of high market share. This self reporting bias makes the conclusions suspect. They are also concerned that no defunct companies were included, leading to survival markets. (http://www.economicexpert.com). PIMS Between BP PLC and SHELL PLC BP operates at the frontiers of the energy industry wit world class assets, technology, and capability it knew how to meet the energy needs and deliver the long-term value. BP stays ahead of Shell in restructuring the efforts were the energy management have acknowledged more work is required and is to cut further 5,000 jobs globally in an effort of re-align the business to better meet the operational challenges into the global economic recovery. Shells third quarter 2009 earnings, on a current cost of supplies basis were $2.99 billon compared to $10.9 billion a year ago were the CCS earnings per share decreased by 72%in the same quarter and the cash flow operating activities also raised 42% from $12.6 billion (2009) to $7.35 billion (2008).When it comes to BP the profit fell to $4.98 billion compared to $10.03 billion an year earlier using the industry standard replacement cot profit calculation. The firm reduced the headcount by 3000 last year and is set to cut another 5,000 jobs by the end of 2009. Despite shells good operating performance in this difficult environment it is embarked on an ambitious programme of stringent measures to further improvement of performance .BP shares the remain favoured relative to shell for most buy and holds investors requiring the exposure to the firms relative progress in 2009 to maintain a trend. (http://seekingalpha.com). Performance P/L Sheet of BP PLC and SHELL PLC for the years 2009-08.  Transactions BP Shell 2009 2008 2009 2008 Revenue 239272 361143 278188 458361 Purchases 163772 266982 203075 359587 Gross profit 75500 94161 75113 98774 Production and manufacturing expenses 26954 35709 25301 25565 Selling and administrative expenses 14038 273441 18555 18136 Depreciation and amortization 12106 10985 14458 13656 Exploration expenses 1116 882 2178 1995 Net Interest and other income 5140 262095 6941 12579 Finance costs 1302 956 542 1181 Profit/loss before tax 25124 34283 21020 50820 Taxation 8365 12617 8302 24344 Profit/loss after tax for financial year 16759 21666 12718 26476 Fair Calculations of ratios are as follows Calculation of Selected Ratios for Companies Performance: Using the financial information of the companies the few selected ratios are calculated and explained as follows 1) (ROCE) Return On Capital Employed =        Company        2009 YR      2008 YR BP 15 22.35 SHELL 10.48 29.67 BP 2009= 15 BP 2008 = 22.35 Shell 2009=0.48 Shell 2008=29.67 Gross profit margin ratio tells the profit a company makes on its cost of sales or cost of goods sold. Here, BP shows an approx 7% fall in 2009 when compared to 2008. Shell shows a fall of 18% in 2009 which more compared to 2008. 2) Gross Profit Margin =        Company        2009 YR      2008 YR BP 31.55 26.07 SHELL 27 21.55 BP 2009 = 31.55 Bp 2008= 26.07 Shell 2009 = 27 Shell 2008= 21.55 Gross profit margin ratio tells the profit a company makes on its cost of sales or cost of goods sold. Both the companies BP and Shell had show a result of 5.50% goods sold during 2009 which is quite better than the 2008. 3) Mark up =        Company        2009 YR      2008 YR BP 46.10 35.27 SHELL 36.99 27.47 BP 2009=46.10 BP 2008= 35.27 Shell 2009= 36.99 Shell 2008= 27.47 Mark-up is the amount, or percentage, a trader adds to the cost price of goods, in order to achieve a profit. The mark-up is the profit percentage based on the cost of goods sold. Both the companies have showed an increase of 10% mark up price in 2009 than the previous year 2008. 4) Current ration =        Company        2009 YR      2008 YR BP 1.14:1 0.95:1 SHELL 1.14:1 1.10:1 BP 2009= 1.14:1 Bp 2008= 0.95:1 Shell 2009=1.14:1 Shell 2008=1.10:1 Measuring the both companys efficiency and short-term liabilities gives out the current ratio of working capital. In the year 2009 BP and SHELL shows an equal ratio of efficiency than the year 2008. 5) ACID TEST RATIO =        Company        2009 YR      2008 YR BP 0.76:1 0.17:1 SHELL 0.81:1 0.92:1 BP 2009 = 0.76:1 BP 2008= 0.17:1 SHELL 2009 = 0.81:1 SHELL 2008 =0.92:1 Quick or liquidity ratio is also known to be Acid test ratio. Working out with the current assets minus stock divided by current liabilities gives the value of the companys liquidity. This tells whether company have short term assets to cover the immediate liabilities without selling inventory. BP had given a quick raise of 0.60:1 between 2008-09 than the SHELL. Analytical Methods Suitable Horizontal Analysis: The analyzing of financial information for two or more years for a single company it is known as horizontal analysis. When comparing the amount in dollars computing percentage changes from year to year for all financial statement balances, such as cash and inventory. Trend analysis involves calculating each years financial statement balances as percentages of the first year known as the base year. For example the below horizontal analysis table of the two companies are :- Horizontal Analysis 2009/2008 (%) BP Shell Revenue -33.75 -39.31 Purchases -38.66 -43.53 Gross profit -19.82 -23.95 Production and manufacturing expenses -24.52 -1.03 Selling, and administrative expenses -94.87 2.31 Depreciation and amortization 10.20 5.87 Exploration expenses 26.53 9.17 Net Interest and other income -98.04 -44.82 Finance costs 36.19 -54.11 Profit/loss before tax -26.72 -58.64 Taxation -33.70 -65.90 Profit/loss after tax for financial year -22.65 -51.96 Vertical Analysis: The term vertical analysis applies because each years figures are listed vertically on a financial statement. The total on the income statement is net sales revenue, while on the balance sheet it is total assets. This approach to financial statement analysis, also known as component percentages. Common-size balance sheets and income statements can be more easily compared, whether across the years for a single company or different companies. Vertical Analysis 2009/2008 (%) BP Shell 2009 2008 2009 2008 Revenue 100 100 100 100 Purchases 68.45 73.93 73.00 78.45 Gross profit 31.55 26.07 27.00 21.55 Production and manufacturing expenses 11.27 9.89 9.09 5.58 Selling and administrative expenses 5.87 75.72 6.67 3.96 Depreciation and amortization 5.06 3.04 5.20 2.98 Exploration expenses 0.47 0.24 0.78 0.44 Net Interest and other income 2.15 72.57 2.50 2.74 Finance costs 0.54 0.26 0.19 0.26 Profit/loss before tax 10.50 9.49 7.56 11.09 Taxation 3.50 3.49 2.98 5.31 Profit/loss after tax for financial year 7.00 6.00 4.57 5.78 http://www.economicexpert.com/a/Profit:impact:of:marketing:strategy.html http://seekingalpha.com/article/170391-bp-stays-one-step-ahead-of-shell-in-restructuring-efforts
Sunday, January 19, 2020
Public Video Surveillance Essay -- Cameras Privacy Issues
Public Video Surveillance INTRODUCTION Today’s technology has changed the way we live. It has changed the way that we view the environment, act when out in public, and the way we go about doing our daily task. Computers have greatly increased our capabilities to achieve our goals much faster. Human interaction between people has decreased because of this technology. The changes continue daily with an endless stream of new ideas and ways of doing things. There seems to be no end in site. This technology is also changing our moral and ethical values along with the way we employ them. The â€Å"burden of proof†has a new meaning because of surveillance cameras. Most of us will agree that surveillance cameras are a good idea. These cameras provide a deterrent against crime, and provides public buildings and other areas a since of security. Law enforcement use surveillance cameras to track and catch criminals, as proof in courts, and as protection for themselves and the public. Surveillance cameras can also be used for educational purposes. X-ray cameras have the ability of detecting weapons in baggages at our airports and other public buildings. They now have cameras mounted on top of stoplights to detect red light runners with ways of sending the red light violators their tickets by mail. There must be an endless list of ways that cameras can be used. We even have satellites in outer space with cameras that help us to spy on other countries. Most of us will agree that the technology of camera surveillance is important and needed to improve for the most part our lifestyles. PROFESSIONAL ISSUES FOR SURVEILLANCE PROTECTION OF PEOPLE AND PROPERTY, which includes the general public and law enforcement. This type of surv... ...nce cameras affects everyone. It is for the common good of everyone that we continue its use. It has given our nation a sense of security that we have become a custom to because it has improved our justice system. REFERENCES â€Å"CODE OF ETHICS AND PROFESSIONAL CONDUCT RADIO-TELEVISION NEWS DIRECTORS ASSOCIATION.†Ethics. 21.2 (2002). 14 September 2000. http://www.rtnda.org/ethics/coe.html â€Å"DIGEST OF LAW REFORM COMMISSION REFERENCES.†90. Surveillance. 21.2 (2002). Surveillance: an interim report, 6 December 2001. http://www.agd.nsw.gov.au/lrc.nsf/pages/r98chp03/ Leahy, Patrick. â€Å"Scientific American. 28.2 (2002), 29 September 2002. http://www.library.ca.gov/CRB/97/05/CRB97-005.html Nieto, Marcus. â€Å"Public Video Surveillance: Is It An Effective Crime Prevention Tool?†California Research. Bureau. June 1997. http://www.globalprivacysummit.net/Pages/sessions.html Public Video Surveillance Essay -- Cameras Privacy Issues Public Video Surveillance INTRODUCTION Today’s technology has changed the way we live. It has changed the way that we view the environment, act when out in public, and the way we go about doing our daily task. Computers have greatly increased our capabilities to achieve our goals much faster. Human interaction between people has decreased because of this technology. The changes continue daily with an endless stream of new ideas and ways of doing things. There seems to be no end in site. This technology is also changing our moral and ethical values along with the way we employ them. The â€Å"burden of proof†has a new meaning because of surveillance cameras. Most of us will agree that surveillance cameras are a good idea. These cameras provide a deterrent against crime, and provides public buildings and other areas a since of security. Law enforcement use surveillance cameras to track and catch criminals, as proof in courts, and as protection for themselves and the public. Surveillance cameras can also be used for educational purposes. X-ray cameras have the ability of detecting weapons in baggages at our airports and other public buildings. They now have cameras mounted on top of stoplights to detect red light runners with ways of sending the red light violators their tickets by mail. There must be an endless list of ways that cameras can be used. We even have satellites in outer space with cameras that help us to spy on other countries. Most of us will agree that the technology of camera surveillance is important and needed to improve for the most part our lifestyles. PROFESSIONAL ISSUES FOR SURVEILLANCE PROTECTION OF PEOPLE AND PROPERTY, which includes the general public and law enforcement. This type of surv... ...nce cameras affects everyone. It is for the common good of everyone that we continue its use. It has given our nation a sense of security that we have become a custom to because it has improved our justice system. REFERENCES â€Å"CODE OF ETHICS AND PROFESSIONAL CONDUCT RADIO-TELEVISION NEWS DIRECTORS ASSOCIATION.†Ethics. 21.2 (2002). 14 September 2000. http://www.rtnda.org/ethics/coe.html â€Å"DIGEST OF LAW REFORM COMMISSION REFERENCES.†90. Surveillance. 21.2 (2002). Surveillance: an interim report, 6 December 2001. http://www.agd.nsw.gov.au/lrc.nsf/pages/r98chp03/ Leahy, Patrick. â€Å"Scientific American. 28.2 (2002), 29 September 2002. http://www.library.ca.gov/CRB/97/05/CRB97-005.html Nieto, Marcus. â€Å"Public Video Surveillance: Is It An Effective Crime Prevention Tool?†California Research. Bureau. June 1997. http://www.globalprivacysummit.net/Pages/sessions.html
Saturday, January 11, 2020
Hispanic Groups Living in US Essay
It is very common for someone walking down the streets of any American city and hears Spanish spoken. The federal government of America coined this term ‘Hispanic’ way back in 1970’s to refer people tracing their origin in Spanish speaking countries which were former Spanish colonies or those who can trace their origin to Spain or its territory. This represents a varied range of countries and ethnic groups with different social, political and emotional experiences. A large part of Hispanics still try to characterize themselves in terms of their individual ethnic identity as Mexican, Cuban, and others rather the whole term ‘Hispanic’. Hispanic Americans, n. d. ) The wide range of the Hispanic group includes Mexican Americans, Puerto Ricans, Cubans, El Salvadorians, Guatemalans, Nicaraguans, Columbians, Central and South Americans among others. The Puerto Ricans, Mexicans and Cubans form the largest part of the Hispanics living in America. (Tienda and Mitchell, 2006) America’s cultural canvas is very vivid as each group brought their respective culture’s specialty with them which has totally mingled in the main force. The Hispanic community has left their mark over traditions, customs and cultures throughout the country and the bilingual education structure of America displays the growing importance in the country as they are the largest minority community. It has been noticed that people from the Hispanic groups have done well in various fields and their progress is something to be watched. The 2002 census showed the Mexicans forming the largest part of the population with 66. 9%, followed by Central and Latin Americans at 14. 3%, third position held by Puerto Ricans, others 6. % and last Cubans at 3. 7%. (The Hispanic Population, 2002) Majority of the Hispanics are native born neutralizes citizens or have acquired legal residency status. They are largely concentrated in the west part of the country especially the urban areas of Arizona, California, Colorado, Florida, Illinois, New Mexico, New York, and Texas. There is a tendency among them to live in family units which are generally large in size unlike the non-Hispanic Whites. In comparison to Whites communities, the rate of unemployment and poverty is much more in the Hispanic groups. Mexican Americans are the one to form the largest part of the Hispanic population living in America and they are also the largest group of White Hispanics. The Mexican immigration could be traced in the past decades as they started establishing themselves in the 1600s in southwestern parts of the country who later became New Mexico, Arizona, California, Colorado and Texas. (Stacy, 2002) The work at railroads and steel industry of the Midwest America attracted them in the 1800s and this immigration is still continued to the present time. Today majority of Mexican Americans are U. S. born citizens. The major causes behind the migration of Mexicans to America are self-liberty, quality education, modes to improve economic condition and achieve good living standard. Spanish is the main language for Mexican Americans, some of them are monolingual. But most can fluently speak both English and Spanish. The attitude of the Mexican Americans is something to be watched as more than 90% of them are literate. Their respect towards others is also acclaimed as their communications are respectful in manner. They are one of the strict believers in the concept of familism (Nash, 2007) and value family considerations over individual as well very much rely on family in times of crisis. Patriarchy is the trend of Mexican American family. Earlier, they used to neglect family planning but at present time they have been active in that. Largely they are the followers of Roman Catholicism. They look at churches as powerful source of hope, faith and strength while spirituality and religion play significant role in times of illness, health and life. Their housing conditions are really bad as they live in colonies not appropriate for living to low-income. Central and South Americans stand second in the American Hispanic population. They owe their origin to different countries such as Guatemala, Venezuela, Costa Rica, El Salvador, Panama, and Argentina among others. These groups of people display a vast diversity due to their different origins. Most of them migrated from their respective countries in the period of 1970s and 1980s when the region was going through political turbulence. Nicaragua, El Salvador and Guatemala were suffering from civil wars that made their people to flee in search of stable life. In the present time too, the immigration is on due to different causes. Although many of them arrived in U. S. as refuges, gradually they acquired political asylum from the state. Cheap accommodation and easy immigrant services made most of the Central and South Americans settle in California. They speak other languages rather than Spanish, which is a main language, such as French and Portuguese. Though Catholicism is the main religion, Protestants and Jews as well as other beliefs are followed by this group. They have high religious values. Males are treated as the head of the family. Due to intermarriage among this group and other Hispanics or Europeans, they have become much diversified. The education level of Central and South Americans is much appreciable than other Hispanics but still they lack behind in employment tin respects of other groups. Third largest group belonging to Hispanic community are the Puerto Ricans as they became U. S. citizens after Jones Act of 1917. (Stacy, 2002) But they are not allowed to vote in U. S. Presidential elections. They are mainly settled in industrial areas such as the states of Connecticut, Florida, Illinois, and New York due to the availability of employment opportunity. Wherever they settled, they tried to hold on their tradition and culture and formed various groups and organizations to support them. Puerto Rican Americans pay huge respect to education but still they maintain a low level than other Hispanics which makes parents encourage their children to pursue good education for better future. They are bilingual speaking both Spanish and English. The expressive nature of Puerto Ricans and their hospitality is well known. They possess high respect for women, parents and elderly people and family units that they even allow more than one family living together. Puerto Ricans are followers of Catholicism and seek support from religion and spiritualism in tough situations. Their approach to health and illness is based on these beliefs. Cubans too comprise a significant part of the Hispanic community. Cuban immigration to America can be traced back to history but the major wave was created during the political turmoil of 1959 which still continues today. They have their bases at Miami, Florida and New Jersey. They can be considered as the most affluent among all the Hispanic groups due to their well performance in education, which led to better employment opportunities and a good quality lifestyle. Till recent past they faced problem in speaking English, but nowadays they have overcome that. The Cuban Americans are very much into their culture that they most often do not show much interest in the Anglo culture. They hold a rather conservative outlook towards politics due to their experience in their native country. They possess diverse beliefs of religion; still Catholicism is more prevalent among them. They stand against communism holds much important place in U. S. The Hispanic groups in spite of their various origins share some commonalities as well some major differences among them. Spanish is a bond that binds all of them, while most of them are bilingual. Approach towards education is another common factor between them as all the groups show very much respect to education as they know it is the only key to good living. Religion too makes them stand on a common platform as most of the Hispanic Americans are followers of Catholicism. Political perspective is one thing that creates differences among these groups as each of them has their respective political idea. Cuban Americans support Republicans as they are inclined towards conservative idea of politics whereas Mexicans, Puerto Ricans, and Central and South Americans have a liking for democrats. Still, Catholic faith, language and belief in their respective culture make them stand on a single platform.
Friday, January 3, 2020
Martin Luther King and Malcolm X - 1715 Words
When people hear the word Civil Rights Movement, two men automatically come to their minds, Martin Luther King Jr. and Malcolm X. While both these men had very different views and ideas, they also shared similarities. Part of the reason for their different views was because one was in the South and the other was in the North. Martin saw a Dream that could be fulfilled in the South and Malcolm saw a Nightmare, which would never end in the North. Martin and Malcolm were raised in very different homes. Martin Luther King Jr. grew up in Atlanta; his family status was that of the middle class, he never experienced poverty or hunger like Malcolm did. Martin was raised in a loving and supporting environment. His parents instilled in†¦show more content†¦The early years of his life were spent in the streets where he was the leader of an organized burglar ring which gave him the money he needed to support his cocaine habit. Malcolm was arrested and sentenced to eight to ten years at Charlestown. While in prison, Malcolm took the opportunity to improve his reading ability. He used a dictionary as an encyclopedia as well as a vocabulary-building device,6by copying the words down on sheets of paper. It was there in prison that Malcolm was introduced to the teachings of Elijah Muhammad. Through Muhammads teachings, Malcolm reformed himself. He stopped smoking and drinking, he no longer ate pork, and he obeyed every rule and regulation that was set by Muhammad. Thus, he was paroled and went to live with Muhammad and preach to his followers. Since Malcolm joined the Nation of Islam, his philosophies were based on the Nations philosophies. It was during this time that Malcolm developed his non-nonviolence self-defense philosophy. Malcolm did not believe in the turn the other cheek method that Martin used. Malcolm believed in the eye for an eye method. Malcolm also preached heavily the need for self-love. He believed that in order for change to occur black people must first love themselves as who they are. All of us are black first he toldShow MoreRelatedMartin Luther King And Malcolm X1424 Words  | 6 Pagesegalitarian society. They were promulgated by Martin Luther King and Malcolm X, leaders of this movement, that despite having the same aims, its methodology for achieving them was radically different. While King advocated nonviolence and peaceful means, the attitude of Malcolm X was much more radical, making a common trait of aggression. Both leaders used the speech as a way to spread their ideology. In the problem is still here, mainly, what Malcolm X wants to convey to your audience is that theRead MoreMartin Luther King And Malcolm X988 Words  | 4 Pagesand why the way we are today. Martin Luther King and Malcolm X are two very great examples and representations for this. What people do not realize is that there are a lot of similarities and differences between Malcolm and Martin. Martin was born and raised as a middle classes men and was extremely educated. On the other hand, Malcolm was not raised like Malcolm at all. Malcolm grew up in a deplorable environment and no school was around for Malcolm. Martin believed that violence was neverRead MoreMartin Luther King And Malcolm X1171 Words  | 5 Pages Martin Luther King and Malcolm X were pioneers in America’s Civil Rights Movement, with the goal of protecting and developing the black community. They wanted to achieve the same goal but, with very different approaches. While King was more of the â€Å"peaceful protesting†type, X was the â€Å"eye for an eye†type, in the beginning of his journey. Both of these men demanded respect and acquired it. 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Though this is true, the Civil Rights Movement involved other activists like Malcolm X, Rosa Parks, Andrew Goodman, etc. Who all contributed to its success. Racism has always been a problem right from the United States’ creation. It involved discrimination and segregation of non-white races, and refusal to recognize and protect non-white citizenship rights enumerated in the constitutionRead More Martin Luther King And Malcolm X Essay606 Words  | 3 Pages Martin Luther King Jr. and Malcolm X had a common purpose for African Americans; justice and equality. Illustrated through their speeches, Martin Luther King Jr’s â€Å"I Have a Dream†and Malcolm X’s â€Å"Talk to Young African Americans†, the two did not share techniques or ideas. Yet both men had the support of millions and millions of people. One of the worlds best known advocates of non-violent social change strategies was Martin Luther King Jr. He synthesized ideals drawn from many different culturalRead MoreMartin Luther King Jr. and Malcolm X1491 Words  | 6 Pagesinfluence of this period. Two strong leaders from this era were Martin Luther King Jr. and Malcolm X. Martin Luther King Jr. made a bigger impact on the population than Malcolm X because of his speeches, beliefs, direct and peaceful activities, and the effect his death had on the population. Martin Luther King Jr.’s belief was that people of all colors, including both blacks and whites, could live in eternal peace and equality. King believed that â€Å"an unjust law is no law at all†(Dinar, par.12)Read MoreMartin Luther King Jr. And Malcolm X Essay836 Words  | 4 PagesWithout Martin Luther King, there is no Malcolm X. Without Malcolm X, there is no Martin Luther King. There couldn’t have been one without the other. They were complete opposites; they were two of the most different men. Nevertheless, they were fighting for the same thing. They were fighting for the civil rights of African Americans in a country thought to have been based on â€Å"freedom†and â€Å"equality†. These two men were brave enough to stand up for what they believed in, for what was right. They were
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