Home video game industry analysis Essay Example for Free

Home video game industry analysis Essay History In 1949 the video game was thought of for the first time by an engineer named Ralph Baer but it would be years before video games would enter the spotlight. 1 In 1972 Steve Bushnell started the first gaming company Atari. Until 1978 there were very few games for the home system. In 1982 Atari releases a newer version and sales start to sore. In 1985 Nintendo enters the market with the NES. Nintendo still outsells both companies 10 to 1. In 1995 Sega releases Sega Saturn three months before the projected date and there are not enough games released because of this and sales are dismal. The same year Sony releases the Playstation at $100 less than expected with a variety of different game titles, sales are strong. In 1996 Nintendo releases the N64 which is received well by the public. Sega lowers prices to stay competitive. In 1999 Nintendo and Sony are in an intense pricing war on their competing systems. Microsoft also announces they will be entering the market with the X-Box. Nintendo releases the Gamecube and the Gameboy advance the same year. X-Box is released in 2001 and is received well and is out of stock most places. With all of the systems and game prices very high, piracy is becoming more and more of a problem with Mod Chips being developed that allow for pirated games to be played on all consoles. In late 2005 Microsoft releases the X-Box 360. 2 The following year Nintendo releases the Wii and Sony releases Playstation 3 and the problem of piracy still continues to this day. SWOT Analysis Industry strengths include well developed brand image for the leading three competitors. Each of the three leading competitors has successfully exploited its target consumers in age categories. They all have excellent advertising campaigns and have high corporate attention and resources. Industry weakness include rising cost of materials and RD, the expenditures for developing additional high tech systems and games for the system at a reasonable price is becoming increasingly difficult leaving much lower profits for corporations. Opportunity exists when entry into the market is preceded by all others in the industry. Industry trends are leaning towards older population who appreciate graphics and complexity of games and have the resources to pay more for those games. Many gamers are ready to upgrade systems as new technology emerges. Threats to the industry include strong market competition, rapid development of technology, the cost of technology and the rating system given to games. Sub-markets are also gaining popularity including the handheld market and online gaming, which threaten market share. Business and Corporate Strategy Corporate and business level strategies for this industry are equivalent. The inferred industry mission is to provide entertainment through interactive technology. The industry as a whole falls into the maturity segment of the life cycle. Generic competitive industry average is differentiation among games, graphics, and abilities/extras of the game console. In the beginning the strategy focused on the hardware to make profits. 3 The strategy has shifted to software for increased growth. Functional strategies include; superior quality in game graphics and well built hardware. Games have evolved from single applications to cartridges to CD-ROM. Graphics have evolved similarly from 8 to 16 to 32 bit. Threats stated in the SWOT analysis can be minimized by staying at the forefront of the competition in RD and finding ways to keep down cost while offering superior products. A venture into a back to the basics approach with the Wii has proved successful to attract female and novice users. Structure and Control Systems Strategic managers in the Video Game industry have developed a set of strategies to build competitive advantage to achieve their goals. Then an organizational structure has been put in place to use resources to create a competitive advantage. To evaluate how well the strategy and structure are working, managers developed specific performance measures. The four building blocks of competitive advantage are efficiency, quality, innovation, and responsiveness to customers. Recommendations With the home video game industry evolving, there are a few things that need to be in mind as you try to improve. You need to stay technologically advanced by continuing to change games, software, and new models. These adjustments require this technology to be low cost to be successful in this industry. If costs are high, not only will the customer be lost but you may lose your competitive edge. Competitive advantage in this industry is a critical factor. If you are ahead in the industry at one point, another company can come out with the next best selling product with new features and graphics capturing market share. Furthermore, being competitive in the sense of efficiency, quality, and response to the customers is critical in this industry. It influences a customer to buy your product rather than the competitors. If you have good quality and low prices, the customers would be willing to upgrade to the newer product line. With the industry constantly changing, you need to be on top of your game to be on top of the home video gaming industry.

Re-engineering the Corporation by Michael Hammer and James Champy Essay

Re-engineering the Corporation by Michael Hammer and James Champy Michael Hammer and James Champy became the uncontested "experts" to the corporate world for their blueprint of re-engineering. Why? What magical formula did these two individuals profess would make America great again? This essay will take a critical look at Hammer and Champy's book, Re-engineering the Corporation. Does this book have merit? Is it based on sound principles? It does not matter whether you agree or not, it only matters that you consider all the viewpoints.   Ã‚  Ã‚  Ã‚  Ã‚  "Moreover, image becomes all-important in competition, not only through name-brand recognition but also because of various associations of 'respectability,' 'quality,' 'prestige,' 'reliability,' and 'innovation.' Competition in the image-building trade becomes a vital aspect of inter-firm competition. †¦" (David Harvey, The Condition of Postmodernity: 1989 page 288) What image did Hammer and Champy paint with their book? Let's begin with the title, "Reengineering the Corporation A Manifesto for Business Revolution". It is my contention that they [Hammer and Champy] wrote this book to profit on their knowledge and as such used a title that would embrace both the employer [Reengineering the Corporation] and the worker [A Manifesto for Business Revolution]. While both the employer and worker are concerned with the never-ending battle of "power and control" in the workplace, the employer also strives for greater profits [private company] or in a public sector are na, providing services more efficiently. The worker on the other hand is concerned with compensation [wages and benefits], job security, health and safety and advancement within the organization.   Ã‚  Ã‚  Ã‚  Ã‚  However it is not only the title that is attractive to the Employer. The book cover has been designed to legitimize Hammer and Champy. Who would not want to read a book that was a "National Bestseller" printed by "HarperBusiness Essentials"? Furthermore, Peter Drucker [respected in the business world] has provided positive reinforcement that this is "An important book that describes the principles behind a new [my emphasis] and systematic [my emphasis] approach to structuring [my emphasis] and managing [my emphasis] work." (Hammer /Champy: 2001) As well, the back cover not only provides the necessary kudos for Hammer and Champy, it also hints to the unspeakable ... ...roach suggests that what is necessary is to reinterpret the current status and to accept that the subordinates are already powerful, rather than attempt to reverse what already exists."(IDRL 317: Book of Readings 2005 pg. 56) It would be narrow-minded to state that Hammer and Champy only became the "gurus" for reengineering because of image, however, their approach to the new work organization is neither new nor the only model to choose from. New technology has opened the floodgates for a more flexible and diverse workforce. Globalization has become the driving force behind the need for corporations to reengineer. Hammer and Champy did not have a magical formula but they were the first individuals to put common sense to paper. It is something to think about when considering reengineering. References: Reengineering the Organization, Study Guide, IDRL 317, 2005, Athabasca University Grint, Keith Reengineering History: Social Resonances and Business Process Reengineering, IDRL 317 Book of Readings 2005 Athabasca University Hammer M., Champy J. Reengineering the Corporation, HarperBusiness Essentials, 2001 Harvey D., The Condition of Postmodernity, Blackwell, 1989

Coke Financial Structure

[pic] Andrea R. Hart GB550: Financial Management August 24, 2011 The Abstract The topic of this research paper will be about the capital structure of Coca Cola, This paper serves as a comparison of debt and equity. It will help determine the true value of the company while also determining what their free cash flow is and the risk level for the organization. The question that this research will try to answer is if the 125 year old company is financially ready for another 125 years. The company needs to remain liquid and keep its operating costs low during times of inflation.The methodology that will be used will be multiple financial ratios to determine how the organization is operating and compare to times of exponential increases in profits. My expected findings will be that Coca Cola will have a minimal amount of free cash flow. There would be enough to remain liquid but also to remain flexible in starting new product lines or new investments. Coca Cola already operates in over 20 0 countries and should seek to expand advertising efforts in recently adopted countries. I anticipate that the company has endured over 125 years of economical, political and social upheavals.Financial StatementsI hope to conclude that although there could be unpredicted unprecedented environmental events that Coca Cola will be able to continue operate. Table of Contents A preview of capital structure issues†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦4 Business and financial risks related to capital structure†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 5 Modigliani and Miller’s [MM] capital structure theory †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 6 Criticisms of the MM model and assumptions†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã ¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦6 Capital structure evidence and implications†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦7Estimating the firm’s optimal capital structure†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦8 References†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦9 A preview of capital structure issues Capital structures of companies are based on the amount of debt and equity a company holds. When a company begins to increase their debt the company becomes more of a risk to investors because the compa ny now has a higher chance that it may not be able to repay its debts. Although if there is more debt an organization taxes can be reduced because the organization is able to take out what it must pay as interest to investors and holders from being taxed.The higher cost of capital translates into a lower fair value estimate, and vice versa; furthermore, seemingly small changes in cost of capital can make a significant difference in a stock's fair value (Kathman, 2002). The giant beverage maker, that’s in a fairly stable environment does not have very much debt. The company in the non-alcoholic beverage industry, Coca Cola’s cost of equity of 8. 6% when the industry average is 11. 67% and is a large influence on the WACC of 8. 4%. Although the company incurs an 8. 6 % cost on the equity the company has averaged a return on equity for the past five years of 30. %. A Company with a high weighted average cost of capital could be considered a risky company or a company in a risky industry that mainly uses equity for funding. Coca Cola’s debt to equity ratio is 23% however the total debt to equity has been on average for the past five years at 51% showing that the company uses only half debt to finance growth within the company which is accurate for a company that is not quite so capital intensive. Although the company finds itself in a well established industry, it must still make investments and use 51% of debt to finance the new growth.WACC and Free Cash Flows impact a company’s value. FCF is what would come back to a company after the investment was made to enhance the company. FCF can determine if it is worth to take on an investment. Coca Cola’s current Free Cash Flow is -546. 8 (COCA COLA CO (NYSE:KO ), 2011). Business and financial risks related to capital structure There are many factors that could play into the financial risk of Coca Cola. The company itself, affiliates, subsidiaries, licensed distributers and bottlers ar e a risk factor to Coca Cola.Bottlers generate a significant portion of Coke’s net operating revenues by selling concentrates and syrups to independent bottling partners. In 2009, approximately 79 percent of our worldwide unit case volume was produced and distributed by bottling partners in which the Company did not have a controlling interest (ITEM 1A. RISK FACTORS, 2010). The company also operates internationally which is additional business and financial risk to the company. International economies and political environments become a risk to an American investor when considering purchasing securities.Some business risk of the company includes the availability in Coca Cola’s special ingredient of extracted coca leaf, the sustainment of a network that spans 200 countries, health concerns that cause a reduction in market demands. For the company to ensure that it has enough cash flows must be able to have the infrastructure to handle the large amount of demands. Being that Coca Cola is an international company it has opened its doors to many more financial risks. Risks with their international counterparts include fluctuations in foreign currency and exchange rates effecting financial results (ITEM 1A. RISK FACTORS, 2010).If interest rates rise or new tax laws are set it would negatively impact net income. Increase in costsdue to shortages of supplies or materials to produce products or changes in accounting standards can all affect the risks of the company. Coca Cola monitors exposure to financial market risks using several objective measurement systems, including value-at-risk models. Value-at-risk calculations use a historical simulation model to estimate potential future losses in the fair value of our derivatives and other financial instruments that could occur as a result of adverse movements in foreign currency and interest rates (ITEM 7A.QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK, 2011). Modigliani and Miller’s [MM] capital structure theory The underlying and basic assumption of the Modigliani and Miller Capital Structure Theory is that there is no major difference if a company were to fund its operations with the use of debt or using equity. The 1958 Modigliani-Miller Theorem was initially designed to show that the corporation's capital structure decisions are not value increasing or decreasing; it has, however, become apparent that the theorem is far more general (MacMinn, 2011).The theory rests on assumptions that there are no brokers or bankruptcy costs, no taxes and that investors can borrow at the same rate as the corporations and that EBIT is not affected by the use of debt. In 1991 Miller explained that the theory any gain from using more of what might seem to be cheaper debt is offset by the higher cost of now riskier equity and given a fixed amount of total capital, the allocation of capital between debt and equity is irrelevant because the weighted average of the two costs of capita l to the firm is the same for all possible combinations of the two (Villamil, 2010).Criticisms of the MM model and assumptions The same assumptions that the Modigliani and Miller Capital Structure Theory is based on have been criticized. While the three Modigliani and Miller propositions make good sense and have become widely known there has been disagreement. Capital Structures that are designed to enhance value, the majority of the value is from the decisions that are made by financial managers. The value in the company is from the strategy that makes and it is the duty of the financial manager to make sure that the capital structure supports the strategy that the company is trying to pursue.Further, Coca Cola, initial strategy was to sell Ice cold Coca Cola’s to its customers. The company was able to successfully change its strategy to only produce the syrup, the process was able to be broken down and both are able to reap values and benefits. By leaving capital structures to be independently determined by the bottlers and distributors, the structure of Coca Cola Holland and Coca Cola Japan to be different. Other theories have been created in spite of the MM model such as the Trade-Off Theory which takes into consideration the costs of bankruptcy.Capital structure evidence and implications Because of the low debt that Coca Cola has it also carries a low rate for taxes. In the last 5 years, half of Coke’s worldwide investments include almost $20 billion dollars in capital expenditures and acquisitions in the U. S. In addition, each year, we invest over $10 billion dollars in our supply chain in the U. S. — including $208 million dollars that was spent this past year on supplies (Kent, 2010). In 2010, The Coca Cola Company acquired Coca Cola Enterprises (CCE) assets and liabilities.Coca Cola by purchasing CCE, Coke will have a $100 million net pre-tax income benefit, however after adjusting to the impact of the full value of the stand alo ne debt Coke will have acquired a $200 million interest expense reduction. However Coke stands to benefit from the overall transaction with a pre tax benefit in 2011 of an estimated $300 million (Investors Information, 2010). CCE is still set to acquire bottlers in Germany, Sweden and Norway as part of the deal. With Coke becoming a producer and now a larger owner in bottling, this has changed the capital structure of the company.Estimating the firm’s optimal capital structure During the acquisition of Coca Cola Enterprises (CCE) assets and liabilities, Coca Cola’s shares decreased while CCE increased. â€Å"With this transaction, we are converting passive capital into active capital, giving us direct control over our investment in North America to accelerate growth and drive long-term profitability Coke said, with the transactions that are expected to generate operational cost savings of approximately $350 million over four years for Coca-Cola and will add to earning s by 2012 (Gelsi & Spain, 2010).The current estimate of Coke’s cost of debt is 7% as well as the WACC. (Coca Cola (KO) Stock Research, Equity Ratings, News & Analysis , 2911). If this amount were to increase it is possible that it could also increase the risk to investors. Coke’s beta has been reported at . 59 and for the non-alcoholic beverage industry is average. With their current capital structure Coke has had a steady 6% in revenue growth. The company also recently acquired CCE their debts, liabilities as well as CCE’s acquisitions which is why Coke’s shares declined by 3. % (Gelsi & Spain, 2010). These changes were brought about due to economical conditions and felt the need to take over more operations. Although this acquisition effected their shares in the short term, the company has estimated that this change will save the company almost $350 million in operational costs in four years and will begin generating income by 2012. References Coca Cola (KO) Stock Research, Equity Ratings, News & Analysis . (2911). Retrieved August 23, 2011, from ValueInvesting 2. 0: http://www. wikiwealth. com/research:koCOCA COLA CO (NYSE:KO ). (2011, August). Retrieved August 23, 2011, from Forbes. Com: http://finapps. forbes. com/finapps/jsp/finance/compinfo/Ratios. jsp? tkr=KO Ehrhardt, M. C. , & Brigham, E. F. (2009). Financial Management: Theory and Practice. Mason: South-Western. Freeland, K. , Gabruk, B. , Laidlaw, K. , Levine, J. , Michaels, M. , & Schramm, G. (1998, May 4). The Beverage Industry: This One’s on the House! Retrieved August 23, 2011, from Stern NYU. Edu: http://people. stern. nyu. edu/adamodar/pdfiles/cfprojs/beverage. df Gelsi, S. , & Spain, W. (2010, Feb 25). Coca-Cola buying CCE North American bottling business. Retrieved Aug 23, 2011, from The Wall Street Journal: MarketWatch: http://www. marketwatch. com/story/coca-cola-buying-north-american-unit-of-cce-2010-02-25 Hines, J. J. (2007, March). Capital Structure w ith Risky Foreign Investment. Retrieved August 11, 2011, from Harvard Business School: http://www. people. hbs. edu/ffoley/riskycap. pdf Investors Information. (2010, Dec 14). Retrieved Aug 23, 2011, from The Coca Cola Company: ttp://www. thecoca-colacompany. com/investors/pdfs/modeling_2010. pdf ITEM 1A. RISK FACTORS. (2010). Retrieved August 23, 2011, from The Coca Cola Company. Com: http://www. thecoca-colacompany. com/investors/pdfs/10-K_2009/04_Coca-Cola_Item1A-1B. pdf ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK. (2011). Retrieved August 23, 2011, from The Coca Cola Company. Com: http://www. thecoca-colacompany. com/investors/pdfs/10-K_2006/Coca-Cola_10-K_Item_07a. pdf Kale, J. R. , Noe, T. H. , & Ramirez, G. G. (Dec. , 1991).The Effect of Business Risk on Corporate Capital Structure: Theory and Evidence. The Journal of Finance , 1693-1715. Kathman, D. (2002, December 20). Why Discount Rates Matter. Retrieved August 23, 2011, from MorningStarNews. Com: h ttp://news. morningstar. com/articlenet/article. aspx? id=84699&_QSBPA=Y Kent, M. (2010, May 19). Enhancing our National Competitiveness. Retrieved August 23, 2011, from The Coca Cola Company: http://www. thecoca-colacompany. com/dynamic/leadershipviewpoints/2010/05/enhancing-our-national-competitiveness-is-not-an-option. htmlMacMinn, R. (2011). Theorems in Corporate Finance . Retrieved August 23, 2011, from MacMinn. ORG: http://macminn. org/Fin374/theorems/theorems. html The Coca Cola Company. (2011). Financial Statements. Retrieved August 9, 2011, from The Coca Cola Company. Com: http://www. thecoca-colacompany. com/investors/financial_statements. html Villamil, A. P. (2010, March 10). The Modigliani-Miller Theorem. Retrieved August 9, 2011, from Econometrics at the University of Illinois: http://www. econ. uiuc. edu/~avillami/course-files/PalgraveRev_ModiglianiMiller_

Reoccurring Themes in the Work of Langston Hughes Essay

Langston Hughes is an extremely successful and well known black writer who emerged from the Harlem Renaissance (â€Å"Langston Hughes† 792). He is recognized for his poetry and like many other writers from the Harlem Renaissance, lived most of his life outside of Harlem (â€Å"Langston Hughes† 792). His personal experiences and opinions inspire his writing intricately. Unlike other writers of his time, Hughes expresses his discontent with black oppression and focuses on the hardships of his people. Hughes’ heartfelt concern for his people’s struggle evokes the reader’s emotion. His appreciation for black music and culture is evident in his work as well. Langston Hughes is a complex poet whose profound works provide insight into all aspects of black†¦show more content†¦He explains, â€Å"I was only an American Negro—who had loved the surface of Africa—but I was not Africa. I was Chicago and Kansas City and Broadway and Harlem . I was not what she wanted me to be† (Hughes as quoted in Cobb 44). Hughes wants to make sure people are aware that the life and culture of African Americans differ drastically from the romantic view of the Negro in Africa. In his poem â€Å"Mother to Son,† Hughes provides the story of struggle, poverty overcame by hard work, and hope for a more dignified life for the entire African American people (Niemi 1). Hughes recognizes that despite being oppressed, the black community is strong enough to empower itself with determination to succeed. When discussing working-class life, Hughes consistently â€Å"asserts blacks as fully complex, fully human, and equals in the American democratic experiment† and does not play into the thought that blacks should be kept down (Sanders 107). Langston Hughes’ â€Å"concern for the lives and oppression of poor and working-class blacks† is apparent in most of his work (Sanders 107). Through his writing he makes the p opulation aware of the deep-set oppression put upon the black community. Langston Hughes’ dedication to depicting the bona fide aspects of black life leads him to discuss struggle. One of the most omnipresent themes in black life, at the time of Hughes, is the constant struggle they face everyShow MoreRelatedLangston Hughes : The American Dream And Southern Migration With The Reality Of Prejudice2931 Words   |  12 Pages11/4/14 Langston Hughes Themes, Styles, and Techniques Langston Hughes has solidified his place as one of the greatest writers in American Literature to this day. This achievement is due to his thought provoking use of certain styles and techniques to portray his main themes and ideas. Many of Langston Hughes’ themes originated from his personal feelings and experiences. Hughes thus centers his themes around the ups and downs of African Americans living in America during his time. Langston HughesRead MoreAnalysis Of The Poem Dream By Langston Hughes1909 Words   |  8 PagesThe poem Dream by Langston Hughes is about following your dreams, because we never know what our near future can become if we do not attempt to accomplish our visions in life. One way to define the word dreams is to refer to them as a reflection of our possibilities that we desire to think about and aspire to achieve. To add on, not only can dreams get us through hard times, but they are a reminder to ourselves to keep going, plus they provide you with a purpose in life. Hughes states, Hold fast