Monday, December 30, 2019

Urbanization Of Urban Population Growth Essay - 1508 Words

1. Introduction The century is witnessing a greater migration of the world’s population into urban dwellers. This movement of people into major towns and cities of the world is caused by rapid sprawl and it is observed in developed and developing countries. The increasing population observed is inevitable; therefore the solution to urban problems depends essentially on effective planning, infrastructural management and development. Usually, unplanned population growth is associated with population demands that supersede infrastructure and service capacity, leading to the degradation of the environment. (Asoka et al., 2013). Urbanization is very important, but development is carried out at the expense of deforestation, destruction of biotope, fragmentation of ecosystems, shrinking of the open space among many other things. A city should be a complex system that entails several interactive sub-systems, it should be affected by various factors including governmental land policies, population growth, transportation infrastructure, market behavior to mention just a few. In spite of their regional economic importance, urban population growth has a substantial impact on the neighboring urban ecosystem (Yuan, Sawaya et al. 2005). Land use and transportation systems can be considered as the two most vital subsystems determining the long term urban form and structure. Meanwhile, urban growth is one of the most important topics in urban studies, and its main driving forces areShow MoreRelated Urbanization in Africa Essays1090 Words   |  5 PagesUrbanization is the movement from a rural society to an urban society, and involves a growth in the number of people in urban areas. Urban growth is increasing in both the developed but mostly in the developing countries. Urbanization is associated with the problems of unemployment, poverty, bad health, poor cleanliness, urban slums environmental deprivation. This causes a very big problem for these developing countries and who are some of poorest countries. Africa urbanization is not as big asRead MoreEssay The Implications of Rapid Urbanization1685 Words   |  7 PagesUrbanization is the process of human migration from rural areas to towns and cities, thus rapid u rbanization means that the rate at which the migration from rural to urban takes place is hurried that a country has no time to plan for their existence at the cities. The situation differs from country to country as the number of cities and rural areas in the countries are different. Another possible reason for the difference is the development nature of the countries; some countries are developed, othersRead MoreEffects Of Urbanization On Food Supply And Human Security885 Words   |  4 Pageseffect of urbanization, arguing that major cities homogenize the physical environment in their attempt to meet the narrow needs of human beings without regard for indigenous species.McKinney identifies key challenges such as human disconnection from the natural environment which is a disadvantage of urbanization. The strength of this source lies in its relevance as it will provide sufficient information for the research topic with regard to the effects and disadvantages of urbanization. This bookRead MoreImpact Of Industrialisation On Patterns Of Urban Development1498 Words   |  6 Pagespatterns of urban development in nineteenth century Europe Urbanization is defined as an omnipresent process during which a primary and rural society revolves gradually into a cultivated and industrious one. The linkage between industrialization and urban growth defies an explicit description it is tight and visible, but cannot be simply reduced to direct linearity. It is well known that many small African countries have initiated or accomplished low-level urbanization without economic growth. RoughlyRead MoreUrbanization in India1258 Words   |  5 PagesWhile researching on the topic of urbanization in India, I came across a plethora of scholarly articles that suggested issues with India’s limiting urbanization policies that jeopardize its potential for growth and employment. If India’s physical expansion is left unattended, this will deplete its available resources, and lead to economic, social, and environmental challenges (Hardoy, Diana, Satterthwaite, 2001). Although India’s physical expansion has already led to many such challenges, the optimismRead MoreUrban Population And Urban Development Essay1587 Words   |  7 Pageswitnessed drastic population changes from rural to urban areas (Rui, 2013). This movement of people into major towns and cities of the world has been observed worldwide but at different extent. However, rapid urban growth/sprawl also causes problems. The increasing population observed is inevitable; therefore the solution to urban problems depends essentially on effective planning, infrastructural management and development. According to the 2011 revision of world urbanization prospects (United NationsRead MoreGlobal Population Growth And Its Impact On The Way That Humans Use Land Essay1565 Words   |  7 Pages the world populations is expected to grow from 7.0 billion today to 9.3 billion in 2050, increasing by 2.3 billion (UNESA, 2012). The United Nations also estimate that, global urban populations will grow from 3.6 billion in 2011 to 6.3 billion in 2050, gaining 2 .6 billion (UNESA, 2012). Based on these estimates, it is fair to assume that total global population growth will occur predominantly in urban areas and that global urban population growth will account for the total population increase asRead MoreUrbanization Of Urbanization During The 19th Century1374 Words   |  6 PagesUrbanization is the growth of population in urban areas. The rapid growth of urbanization was due to the fact that people wanted to move to urban settings from rural areas because they wanted to have a more comfortable life, higher salary, and better education. In 1790, ninety-five percent of American’s lived in rural areas and the remaining five percent were urban. Urbanization in the Western world began with the Industrial Revolution in the 18th and 19th century. Since urbanization is importantRead MoreThe Internal Production Spaces Of Large Cities1177 Words   |  5 PagesThis same logic leads not just towards generalized urban agglomeration but to the emergence of multiple dense industrial districts within the metropolis. The internal production spaces of large cities are composed of mosaics of particular kinds of industrial land use focused on localized nodal clusters comprising activities that range from manufacturing to office and service functions. For example, gun and jewellery manufacturing in Birmingham, England; footwear industry of East London; clothingRead MoreAn Article on Rapid Urbanization1745 Words   |  7 Pagesâ€Å"Rapid Urbanization† Comparative Governments Politics This article is on Rapid Urbanization, by Jennifer Weeks, explains how cities around the world are quickly growing especially in the slums. It discusses what brings people to city in the first place and how that goes into the affect of pollution in the cities. The article also asks us questions like, Does urbanization make people better off?, Should governments limit migration to cities?, and Can we make large cities greener?.

Sunday, December 22, 2019

My Personal Mission Of Leadership And Ethics Statement Essay

My Personal Mission of Leadership and Ethics Statement Life s a journey of learning experiences. In my journey through life I intend to have thriving carrier serving my country in the Canadian Armed Forces while balancing a healthy life at home. I will make it a life long commitment to grow through active participation in the world around me in order to gain knowledge and skills essential to lead. Therefore empowering me to be the change I wish to see in the world with the aptitude to evaluate, realize and correct my actions and behaviour to improve my proficiency and comprehension, Duty, Honor, Loyalty, Integrity, Patience, Empathy and Compassion are the core roots of my ethics. These essential traits a what shapes the character, behaviour and temperament of a true warrior not only on the battlefield but also in fight we call life. They are the building blocks which loan me the fortitude to serve my country as an honorable, creative, and a predominant leader, family member, friend and partner. whom others can look to as a role model. With integration of my inner values and my outwards actions, I will a subjective austerity and sufficiency to lead the world to change for the better. My life long objective is cultivating these characteristics. This is who I am, my code of conduct, my code of ethics, whom I strive to be every minute of every day. Below are my personal ethics statements and the code by which I will live my life in order to be a leader for those around me.Show MoreRelatedMy Personal Philosophy Of Innovation1290 Words   |  6 PagesNursing Innovation and Leadership: A Personal Philosophy To embrace the person that you are, in a time and place where everyone seems to be telling you that you should be everything but the person that you are, is a daunting but worthwhile challenge. I believe that it is in the acceptance of our true selves, imperfections and all, that we gain the ability to view others through a lens colored with compassion and acceptance. It is then that we can become a leader who is self-aware and emotionallyRead MorePersonal Statement : God s Child1602 Words   |  7 Pageswas a world of devastation to enter. Four of my older siblings lost their lives in a fire when my mother was three months pregnant with me. The oldest sibling was trying to save them and survived when a firefighter stumbled over him going into the building. My parents, in particularly my mother, had to change attitudes over this loss, because another child was on the way. In the midst of all of this tragedy I was born for a purpose. One was to give my parents a new starting ba se and to refill theirRead MoreOrganizational Behavior : An Organization1521 Words   |  7 Pagesrelationships by attaining human objectives, social objectives and ultimately organizational objectives. Leadership is the capability of the company s management to make sound deliberations and inspire other employees to perform well (Luthans, 2002). In the context of organizational behavior, leadership entails directing the behavior of company employees towards attaining a shared goal. Leadership is very critical in an organization as it results in higher performance by the employees, enhances motivationRead MoreAn Advanced Business Degree Essay1239 Words   |  5 Pages There has been a number of years between completing my bachelor’s of science in engineering and my pursuit of an MBA degree. What began as a one-year break from school turned into marriage, raising a family and all of the responsibilities that accompany life. Nevertheless, the desire never left me and the opportunity to pursue this degree has been one of the best decisions I have made. Although my background is in engineering, one of my most compelling passions have been in the area of teachingRead MoreMy Personal Statement : My Goals864 Words   |  4 PagesMy personal mission is to constantly strive to be the best overall person that I can be within my personal and professional life. My goals are to inspire and help others and myself around me to achieve greatness and balance that will to maximize our potential that will transcend the boundaries of our dreams. In addition to my mission statement, my core life values are the foundation of my mission statement, which allows me to uphold my promises and standards. These promises and standards will affordRead MoreMy Personal Statement : My Goals1488 Words   |  6 PagesMy personal mission is to constantly strive to be the best overall person that I can be within my personal and professional life. My goals are to inspire and help others and myself around me to achieve greatness and balance that will to maximize our potential that will transcend the boundaries of our dreams. In addition to my mission statement, my core life values are the foundation of my mission statement, which allows me to uphold my promises and standards. These promises and standards will affordRead MoreMy Journey As An Educator1684 Words   |  7 PagesPersonal Research Project This is a personal research project that takes a look at where I have been and where I would like to go while developing statements regarding my cause, mission, and personal code of ethics. Also, I will indentify my 5 year and 10 year plans and my key values. Reflections of the Past As I reflect on my past decisions personally and professionally, I can connect those to my future ambitions. I graduated from Eastern Mennonite University (EMU) with a bachelor’s degree inRead MoreMy Personal Philosophy Of Innovation1370 Words   |  6 Pageschanges†(Porter_ O’Grady Malloch,2016.p.4). It is important for a leader to understand her own philosophy of innovation and leadership to be effective in the workplace. In this course, I learned how to develop my philosophy of innovation and leadership, and how to create my own personal mission based on my ethics and core values to be effective DNP leader in the future. Personal philosophy of innovation â€Å"Innovation is definitely not self-starting or self-perpetuating. People make it happen throughRead MoreMy Personal Philosophy Of Innovation1384 Words   |  6 Pageschanges†(Porter_ O’Grady Malloch,2016.p.4). It is important for a leader to understand her own philosophy of innovation and leadership to be effective in the workplace. In this course, I learned how to develop my philosophy of innovation and leadership, and how to create my own personal mission based on my ethics and core values to be effective DNP leader in the future. Personal philosophy of innovation â€Å"Innovation is definitely not self-starting or self-perpetuating. People make it happen throughRead MoreMy Ethical Principles Of The Student Affairs Profession Essay1476 Words   |  6 PagesMy Ethical Principles Statement One important aspect of the student affairs profession is the importance and involvement of ethics within your daily life and within the workplace. From personal experience I believe that autonomy, faithfulness, doing no harm, and the ability to be just are extremely important. I also believe that there are many important expectations found in NASPA’s Standards of Professional Practice. These expectations include, equal consideration and treatment of others, assessment

Saturday, December 14, 2019

Net Present Value and Correct Answer Free Essays

Question 1 2 out of 2 points | | | Assume that the economy is in a mild recession, and as a result interest rates and money costs generally are relatively low. The WACC for two mutually exclusive projects that are being considered is 8%. Project S has an IRR of 20% while Project L’s IRR is 15%. We will write a custom essay sample on Net Present Value and Correct Answer or any similar topic only for you Order Now The projects have the same NPV at the 8% current WACC. However, you believe that the economy is about to recover, and money costs and thus your WACC will also increase. You also think that the projects will not be funded until the WACC has increased, and their cash flows will not be affected by the change in economic conditions. Under these conditions, which of the following statements is CORRECT? Answer | | | | | Selected Answer:| You should recommend Project S, because at the new WACC it will have the higher NPV. | Correct Answer:| You should recommend Project S, because at the new WACC it will have the higher NPV. | | | | | Question 2 2 out of 2 points | | | Which of the following statements is CORRECT? Answer | | | | | Selected Answer:| Multiple IRRs can occur only if the signs of the cash flows change more than once. | Correct Answer:| Multiple IRRs can occur only if the signs of the cash flows change more than once. | | | | Question 3 2 out of 2 points | | | Which of the following statements is CORRECT? Answer | | | | | Selected Answer:| One advantage of the NPV over the IRR is that NPV assumes that cash flows will be reinvested at the WACC, whereas IRR assumes that cash flows are reinvested at the IRR. The NPV assumption is generally more appropriate. | Correct Answer:| One advantage of the NPV over t he IRR is that NPV assumes that cash flows will be reinvested at the WACC, whereas IRR assumes that cash flows are reinvested at the IRR. The NPV assumption is generally more appropriate. | | | | Question 4 2 out of 2 points | | | Which of the following statements is CORRECT? Answer | | | | | Selected Answer:| One defect of the IRR method is that it assumes that the cash flows to be received from a project can be reinvested at the IRR itself, and that assumption is often not valid. | Correct Answer:| One defect of the IRR method is that it assumes that the cash flows to be received from a project can be reinvested at the IRR itself, and that assumption is often not valid. | | | | | Question 5 2 out of 2 points | | | Which of the following statements is CORRECT? Assume that the project being considered has normal cash flows, with one outflow followed by a series of inflows. Answer | | | | | Selected Answer:| If a project has normal cash flows and its IRR exceeds its WACC, then the project’s NPV must be positive. | Correct Answer:| If a project has normal cash flows and its IRR exceeds its WACC, then the project’s NPV must be positive. | | | | | Question 6 2 out of 2 points | | | Assume that the economy is enjoying a strong boom, and as a result interest rates and money costs generally are relatively high. The WACC for two mutually exclusive projects that are being considered is 12%. Project S has an IRR of 20% while Project L’s IRR is 15%. The projects have the same NPV at the 12% current WACC. However, you believe that the economy will soon fall into a mild recession, and money costs and thus your WACC will soon decline. You also think that the projects will not be funded until the WACC has decreased, and their cash flows will not be affected by the change in economic conditions. Under these conditions, which of the following statements is CORRECT? Answer | | | | | Selected Answer:| You should recommend Project L, because at the new WACC it will have the higher NPV. | Correct Answer:| You should recommend Project L, because at the new WACC it will have the higher NPV. | | | | | Question 7 2 out of 2 points | | | Which of the following statements is CORRECT? Assume that the project being considered has normal cash flows, with one outflow followed by a series of inflows. Answer | | | | | Selected Answer:| The higher the WACC used to calculate the NPV, the lower the calculated NPV will be. Correct Answer:| The higher the WACC used to calculate the NPV, the lower the calculated NPV will be. | | | | | Question 8 2 out of 2 points | | | Which of the following statements is CORRECT? Answer | | | | | Selected Answer:| An NPV profile graph is designed to give decision makers an idea about how a project’s contribution to the firm’s value varies with the cost of capital. | Correct Answer:| An NPV profile graph is designed to give decision makers an idea about how a project’s contribution to the firm’s value varies with the cost of capital. | | | | Question 9 2 out of 2 points | | | Which of the following statements is CORRECT? Answer | | | | | Selected Answer:| If two projects have the same cost, and if their NPV profiles cross in the upper right quadrant, then the project with the lower IRR probably has more of its cash flows coming in the later years. | Correct Answer:| If two projects have the same cost, and if their NPV profiles cross in the upper right quadrant, then the project with the lower IRR probably has more of its cash flows coming in the later years. | | | | Question 10 2 out of 2 points | | | Which of the following statements is CORRECT? Assume that the project being considered has normal cash flows, with one outflow followed by a series of inflows. Answer | | | | | Selected Answer:| If a project’s NPV is less than zero, then its IRR must be less than the WACC. | Cor rect Answer:| If a project’s NPV is less than zero, then its IRR must be less than the WACC. | | | | | Question 11 2 out of 2 points | | | Which of the following statements is CORRECT? Answer | | | | | Selected Answer:| The NPV method assumes that cash flows will be reinvested at the WACC, while the IRR method assumes reinvestment at the IRR. | Correct Answer:| The NPV method assumes that cash flows will be reinvested at the WACC, while the IRR method assumes reinvestment at the IRR. | | | | | Question 12 0 out of 2 points | | | Which of the following statements is CORRECT? Assume that the project being considered has normal cash flows, with one outflow followed by a series of inflows. Answer | | | | | Selected Answer:| If a company uses the same payback requirement to evaluate all projects, say it requires a payback of 4 years or less, then the company will tend to reject projects with relatively short lives and accept long-lived projects, and this will cause its risk to increase over time. | Correct Answer:| One drawback of the regular payback for evaluating projects is that this method does not properly account for the time value of money. | | | | | Question 13 2 out of 2 points | | | Which of the following statements is CORRECT? Assume that the project being considered has normal cash flows, with one outflow followed by a series of inflows. Answer | | | | | Selected Answer:| A project’s IRR is the discount rate that causes the PV of the inflows to equal the project’s cost. | Correct Answer:| A project’s IRR is the discount rate that causes the PV of the inflows to equal the project’s cost. | | | | | Question 14 2 out of 2 points | | | Which of the following statements is CORRECT? Answer | | | | | Selected Answer:| Projects with â€Å"normal† cash flows can have only one real IRR. Correct Answer:| Projects with â€Å"normal† cash flows can have only one real IRR. | | | | | Question 15 0 out of 2 points | | | Which of the following statements is CORRECT? Answer | | | | | Selected Answer:| If a firm uses the discounted payback method with a required payback of 4 years, then it will accept more projects than if it used a regular payback of 4 years. | Correct Answer:| Mul tiple IRRs can exist, but not multiple MIRRs. This is one reason some people favor the MIRR over the regular IRR. | | | | | Question 16 0 out of 2 points | | When evaluating a new project, firms should include in the projected cash flows all of the following EXCEPT:Answer | | | | | Selected Answer:| The salvage value of assets used for the project that will be recovered at the end of the project’s life. | Correct Answer:| Previous expenditures associated with a market test to determine the feasibility of the project, provided those costs have been expensed for tax purposes. | | | | | Question 17 2 out of 2 points | | | A firm is considering a new project whose risk is greater than the risk of the firm’s average project, based on all methods for assessing risk. In evaluating this project, it would be reasonable for management to do which of the following? Answer | | | | | Selected Answer:| Increase the cost of capital used to evaluate the project to reflect its higher-than-average risk. | Correct Answer:| Increase the cost of capital used to evaluate the project to reflect its higher-than-average risk. | | | | | Question 18 2 out of 2 points | | | Which of the following statements is CORRECT? Answer | | | | | Selected Answer:| A sunk cost is a cost that was incurred and expensed in the past and cannot be recovered if the firm decides not to go forward with the project. Correct Answer:| A sunk cost is a cost that was incurred and expensed in the past and cannot be recovered if the firm decides not to go forward with the project. | | | | | Question 19 2 out of 2 points | | | Which of the following statements is CORRECT? Answer | | | | | Selected Answer:| An example of an externality is a situation where a bank opens a new office, and that new office causes deposits in the bank’s other offices to increase. | Correct Answer:| An example of an externality is a situation where a bank opens a new office, and that new office causes deposits in the bank’s other offices to increase. | | | | Question 20 2 out of 2 points | | | Which of the following statements is CORRECT? Answer | | | | | Selected Answer:| Simulation analysis is a computerized version of scenario analysis where input variables are selected randomly on the basis of their probability distributions. | Correct Answer:| Simulation analysis is a computerized version of scenario analysis where input variables are selected randomly on the basis of their probability distributions. | | | | | Question 21 0 out of 2 points | | | Which of the following statements is CORRECT? Answer | | | | | Selected Answer:| The existence of any type of â€Å"externality† will reduce the calculated NPV versus the NPV that would exist without the externality. | Correct Answer:| If one of the assets to be used by a potential project is already owned by the firm, and if that asset could be sold or leased to another firm if the new project were not undertaken, then the net after-tax proceeds that could be obtained should be charged as a cost to the project under consideration. | | | | | Question 22 2 out of 2 points | | | A company is considering a new project. The CFO plans to calculate the project’s NPV by estimating the relevant cash flows for each year of the project’s life (i. e. , the initial investment cost, the annual operating cash flows, and the terminal cash flow), then discounting those cash flows at the company’s overall WACC. Which one of the following factors should the CFO be sure to INCLUDE in the cash flows when estimating the relevant cash flows? Answer | | | | | Selected Answer:| The investment in working capital required to operate the project, even if that investment will be recovered at the end of the project’s life. Correct Answer:| The investment in working capital required to operate the project, even if that investment will be recovered at the end of the project’s life. | | | | | Question 23 0 out of 2 points | | | Which of the following statements is CORRECT? Answer | | | | | Selected Answer:| Using accelerated depreciation rather than straight line normally has no effect on a p roject’s total projected cash flows nor would it affect the timing of those cash flows or the resulting NPV of the project. Correct Answer:| Using accelerated depreciation rather than straight line normally has the effect of speeding up cash flows and thus increasing a project’s forecasted NPV. | | | | | Question 24 0 out of 2 points | | | Which of the following rules is CORRECT for capital budgeting analysis? Answer | | | | | Selected Answer:| If a product is competitive with some of the firm’s other products, this fact should be incorporated into the estimate of the relevant cash flows. However, if the new product is complementary to some of the firm’s other products, this fact need not be reflected in the analysis. Correct Answer:| Only incremental cash flows, which are the cash flows that would result if a project is accepted, are relevant when making accept/reject decisions. | | | | | Question 25 0 out of 2 points | | | Which one of the following wou ld NOT result in incremental cash flows and thus should NOT be included in the capital budgeting analysis for a new product? Answer | | | | | Selected Answer:| Using some of the firm’s high-quality factory floor space that is currently unused to produce the proposed new product. This space could be used for other products if it is not used for the project under consideration. | Correct Answer:| The cost of a study relating to the market for the new product that was completed last year. The results of this research were positive, and they led to the tentative decision to go ahead with the new product. The cost of the research was incurred and expensed for tax purposes last year. | | | | | Question 26 2 out of 2 points | | | The relative risk of a proposed project is best accounted for by which of the following procedures? Answer | | | | | Selected Answer:| Adjusting the discount rate upward if the project is judged to have above-average risk. | Correct Answer:| Adjusting the discount rate upward if the project is judged to have above-average risk. | | | | | Question 27 2 out of 2 points | | | Dalrymple Inc. is considering production of a new product. In evaluating whether to go ahead with the project, which of the following items should NOT be explicitly considered when cash flows are estimated? Answer | | | | | Selected Answer:| The company has spent and expensed for tax purposes $3 million on research related to the new detergent. These funds cannot be recovered, but the research may benefit other projects that might be proposed in the future. | Correct Answer:| The company has spent and expensed for tax purposes $3 million on research related to the new detergent. These funds cannot be recovered, but the research may benefit other projects that might be proposed in the future. | | | | | Question 28 2 out of 2 points | | Which of the following should be considered when a company estimates the cash flows used to analyze a proposed project? Answer | | | | | Selected Answer:| The new project is expected to reduce sales of one of the company’s existing products by 5%. | Correct Answer:| The new project is expected to reduce sales of one of the company’s existing products by 5%. | | | | | Question 29 2 out of 2 points | | | Langston Labs has an overall (composite) WACC of 10%, which reflects the cost of capital for its average asset. Its assets vary widely in risk, and Langston evaluates low-risk projects with a WACC of 8%, average-risk projects at 10%, and high-risk projects at 12%. The company is considering the following projects: Project Risk Expected Return A High 15% B Average 12% C High 11% D Low 9% E Low 6% Which set of projects would maximize shareholder wealth? Answer | | | | | Selected Answer:| A, B, and D. | Correct Answer:| A, B, and D. | | | | | Question 30 2 out of 2 points | | | Which one of the following would NOT result in incremental cash flows and thus should NOT be included in the capital budgeting analysis for a new product? Answer | | | | | Selected Answer:| A firm has spent $2 million on Ramp;D associated with a new product. These costs have been expensed for tax purposes, and they cannot be recovered regardless of whether the new project is accepted or rejected. | Correct Answer:| A firm has spent $2 million on Ramp;D associated with a new product. These costs have been expensed for tax purposes, and they cannot be recovered regardless of whether the new project is accepted or rejected. | | | | | Thursday, November 17, 2011 11:33:19 PM EST OK How to cite Net Present Value and Correct Answer, Papers

Friday, December 6, 2019

Relevance of Chaucers Canterbury Tales for Today free essay sample

This paper is a discussion of three characters from the Canterbury Tales and relates them to a modern audience. This paper discusses The Canterbury Tales and the character of the Parson, who is a perfect example and holds every quality a devout church leader is expected to have. His life is contrasted with that of Monk and Friar who are the exact opposites of the Parson as their lives consist of greed, gluttony and lustfulness. The current church leadership, and Mother Teresa are used as modern day examples of goodness and greed. The First way the Canterbury Tales is relevant to a modern audience is through the powerful characterization of the Parson. He is a perfect example and holds every quality a devout church leader is expected to have. The purpose for his journey to Canterbury is to enhance his own spirituality, the ideal reason for going on this pilgrimage. The Parson is an educated man and, unlike many of the others, he is very honorable. We will write a custom essay sample on Relevance of Chaucers Canterbury Tales for Today or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page He practices what he preaches and knows that he is an example for others to follow.