Friday, December 27, 2019
Environmental Costs Classification Prevention Activities...
Environmental costs classification Prevention Activities: - Offer free coach buses to commute to and from Appleââ¬â¢s corporate offices(A) - Install high-definition flow sensors and sub-meters in landscaping to reduce irrigation needs (W) - Create new solar energy projects (W) - Develop an innovative cooling system to reuse water (W) - Design light and small packaging (L) - Create technologies that use paper more efficiently (L) - Form own green chemistry advisory board to minimize or eliminate toxin in supply chain (L) - Recycle Apple products(A) - Invent Liam, new iPhone recycling robot Detection Activities: - Conduct regular audits to ensure that suppliers source virgin paper form sustainably managed forests or controlled wood source (L) - Detailed energy audits at supplier facilities(A) - Regular audits of the Transportation, Disposal, and Storage Facilities (TSDF)(A) - Assess the different chemicals using 18 different criteria(AW) - Testing hazardous chemicals (AW) - Measure water footprint (W) Internal Failure Activities: - After Apple identify toxins from manufacturing, recycling processes and products, Apple reduce them, remove them, or develop new materials that are safer(AW) - Reengineered manufacturing process to reincorporate the scrap aluminum(A) - Recycling scrap(AWL) - Diverted pounds of materials from landfill through recycling and composting(L) External Failure Activities: - Tons of greenhouse gas emissions (77%manufacturing.17% product usage,1%Show MoreRelatedDiabetes : Medical Nutrition Therapy And Prevention1174 Words à |à 5 PagesType 2 Diabetes: Medical Nutrition Therapy Prevention The American Diabetes Association (ADA) conducted a 2012 study measuring the ââ¬Å"Economic Cost of Diabetes in the U.S.,â⬠the results showed a $245 billion financial à ¬-encumbrance from the use of health resources and lost productivity over a 5 year period (American Diabetes, 2013). The cost amounts ââ¬Å"accounts for more than 1 in 5 health care dollars in the U.S.,â⬠and about 62% of cost being covered by government insurance (American Diabetes, 2013)Read MoreCrime, Fear, And The Cost Of Crime928 Words à |à 4 Pages Crime, Fear, and the Cost of Crime in Society There are two systems mentioned in the textbook that measures crime in the United States, the Uniform Crime Reports (UCR) and National Crime Victimization Survey (NCVS). These systems provide statistics to see how new laws and programs are working. The UCR is a computer-based program used by law enforcement to report crimes into a database within the United States for statistical purposes. This system is broken down into parts, part I being violentRead MoreStandards Of Waste Dumping Of Chemical Industries1303 Words à |à 6 Pagesmain problem lays in the fact that the cost of raw materials and disposal of wastes are underestimated. In consequence, there are usually no economic incentives to develop waste-free processes. In general, chemical industry is still not keen to alter chemical products and processes and prefers to deal with waste end-of-pipe. Recycling and waste prevention together is a very effective policy to solve the environmental problem in the chemical sector. Prevention of waste is meant by use of minimum wasteRead MoreObesity Is The Reason Our Youth972 Words à |à 4 Pageseach year in medical costs and attempts to end childhood obesity (Robert Wood Johnson Foundation, 2014). Obesity is the reason our youth is predicted to live shorter lives than our parents and we need to change this. Childhood obesity has long-term harmful effects on a childââ¬â¢s future health. Obese children are more likely to have high blood pressure and high cholesterol which put them more at risk for cardiovascular disease in the future (Center for Disease Control Prevention, 2014). ChildhoodRead MoreA Brief Note On Diabetes And Prevalence Of Diabetes1376 Words à |à 6 PagesPrediabetes Prediabetes is described as having a fasting blood glucose level higher than normal, but not elevated to the level of the classification of diabetes (CDC, 2014; CDC 2015) Normal blood glucose level is considered to be less than 100 mg/dL (milligrams per deciliter), and diabetes is diagnosed when the blood glucose level rises above 126 mg/dL. Prediabetes falls in between at a level 100-125 mg/dL. Individuals with prediabetes are at a higher risk of heart disease and other complicationsRead MoreEconomic Valuation Of The Negative Externalities Associated On Tourism1409 Words à |à 6 Pages Environmental Economics In the last few years, some major travel destinations in Europe have witnessed an increasing social opposition to crowds of tourists due to the negative environmental and social costs tourism imposes on locals. The emergence of different citizensââ¬â¢ associations in Venice, Barcelona and Mallorca having a critical attitude towards tourism and aiming to improve the quality of life of neighbourhoods are a good example. Discuss if the economic valuation of the negative externalitiesRead MoreRisk Building Blocks and Gender Differences: An Analysis650 Words à |à 3 PagesRisks Building Blocks The four risk building blocks are discovery, measurement, classification, and prioritization (Miller, 2006). Discovery identifies all the components necessary to ensure risk management programs are effective, including technology infracture, users of it, information assets, and processes. Measurement is assessing capabilities and requirements (compliance, service agreements, and information availability), vulnerabilities (including weaknesses in applications, networks, operationsRead MoreGreen Marketing : Customer Satisfaction And Environmental Safety1651 Words à |à 7 PagesGreen revolution, going green, environmental protection, sustainable life style, sustainable development, protecting our earth and many more has become a natural phenomenon in our everyday life. Green marketing is a tool used by many companies in various industries to follow this trend. There has been a lot of literature review on green marketing over the years, this paper analysis the impact of green marketin g strategies on customer satisfaction and environmental safety using comprehensive literatureRead MoreA Study On Design A Solar Farm1325 Words à |à 6 Pagesdays pre year.(1) Yuma City where in Arizona State has 313 days of sunshine. This climatic condition is good for solar power generation. In order to reduce the environment impact, a desert region is a proper choice. There are two more benefits. The cost of land is much cheaper then urban area. In addition, there is no any shelter nearby. Nevertheless, solar farms have to be maintained regularly. If install a solar farm at an isolated location, it will be hard to maintenance. A location of photovoltaicRead MoreImpact of Maintenance Activities on the Environment3017 Words à |à 13 PagesPaper for Maintenance Management Course Titled: Impact of Maintenance Activities on the Environment. Prepared By: Haitham Hashem 4657. Farage Shem 4465. Supervised By: Prof. Dr. Farage Elfeituri. Contents Introduction 3 How Can Maintenance Affect the Environment? 4 Limitation of Environmental impact in maintenance operations 4 I. Evaluation of Environmental aspects in maintenance 4 II. Environmental aspects to be considered 5 1. Procurement Concerns 5 2. Hazardous
Wednesday, December 18, 2019
Format Menulis Thesis - 4165 Words
PEDOMAN PENULISAN TESIS 2006 1 DAFTAR ISI Halaman DAFTAR ISI i DAFTAR LAMPIRAN iii BAB I PENDAHULUAN 1 1.1 TUJUAN 1.2 KETENTUAN UMUM 1.2.1 Ukuran Kertas 1.2.2 Penomoran Halaman 1.2 3 Ukuran Huruf 1.2.4 Pencetakan dan Penjilidan 1 1 1 1 2 2 BAB II BAGIAN ââ¬â BAGIAN TESIS 2.1 BAGIAN PENDAHULUAN 2.1.1 Sampul Depan (Cover) 2.1.2 Halaman Sampul Dalam 2.1.3 Halaman Pernyataan Keaslian Tesis 2.1.4 Halaman Pengesahan 2.1.5 Halaman Ucapan Terima Kasih 2.1.6 Abstrak 2.1.7 Halaman Daftar Isi 2.1.8 Halaman Daftar Gambar 2.1.9 Halaman Daftar Tabel 2.1.10 Halaman Daftar Lampiran 2.1.11 Halaman Daftar Singkatan 2.1.12 Halaman Daftar Istilah dan Simbol 2.2 BAGIAN ISI TESIS 2.2.1 Bab Pendahuluan 2.2.2 Bab Landasan Teori 2.2.3 Bab-Bab Dalam Bagian Isi Tesisâ⬠¦show more contentâ⬠¦Naskah tesis dicetak pada satu muka halaman (tidak bolak-balik) c. Halaman kosong diperlukan untuk pemisah bab baru menggunakan kertas berwarna biru dan berlogo UI (gambar Makara). d. Tesis harus dijilid dengan sampul keras (hardcover) ukuran A4 dengan warna coklat tua dan menggunakan tulisan kuning emas 7 BAB II BAGIAN-BAGIAN TESIS 2.1 BAGIAN PENDAHULUAN Bagian pendahuluan tesis terdiri atas: (1) sampul depan (2) halaman sampul dalam (3) halaman pernyataan keaslian tesis (4) halaman pengesahan (5) halaman ucapan terima kasih (6) halaman abstrak (7) halaman daftar isi (8) halaman daftar gambar (9) halaman daftar tabel (10) halaman daftar lampiran (11) halaman daftar singkatan (12) halaman daftar istilah/simbol 2.1.1 Sampul Depan (Cover) Sampul tesis berwarna coklat tua dengan tulisan kuning emas. Pada sampul tercetak judul tesis, nama lengkap penulis, NPM, logo UI , semester dan tahun akademik penyelesaian tesis. Jenis huruf (font) yang digunakan pada sampul adalah Times New Roman dengan huruf kapital, yang diletakan di tengah, dengan ketentuan ukuran sebagai berikut : a. Judul tesis, ukuran huruf 16 pt b. Kata ââ¬Å"TESIS, ukuran huruf 16 pt 8 c. Kata ââ¬Å"olehâ⬠, ukuran huruf 12 pt d. Nama mahasiswa, ukuran huruf 14 pt dan digaris bawahi e. NPM, ukuran huruf 14 ptShow MoreRelatedNarrative Text10129 Words à |à 41 PagesUSING CARTOON MOVIE FOR DEVELOPING NINTH GRADERSââ¬â¢ WRITING SKILL OF NARRATIVE TEXT AT SMPN 1 DASUK A THESIS PROPOSAL Submitted in Partial Fulfillment of the Requirements For the Degree Of Sarjana Pendidikan in English By â⬠¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦Ã¢â¬ ¦. ENGLISH DEPARTMENT FACULTY OF LANGUAGE AND ARTS SURABAYA STATES UNIVERSITY 2010 TABLE OF CONTENTS CHAPTER I I INTRODUCTION 1.1 Background of the Study 1.2 Reasons for Choosing the Topic 1.3 Statements of the Problem The Objectives of the Study The Significant of
Tuesday, December 10, 2019
Philosophy The Crito Essay Example For Students
Philosophy The Crito Essay Socrates has thoroughly justified his own decision to obey the opinions of the majority andserve out the sentence that his own city has deemed appropriate for his crimes. At the beginningof this piece, Socrates has presented a period of questions and answers through dialogue withCrito. Throughout the dialogue Socrates is explaining his reasoning for not running from thegovernment. Crito does not understand the madness of Socrates, Crito will do whatever it takesto help his friend to flee, instead of being exiled by the government.AI do not think that whatyou are doing is right, to give up your life when you can save it, and to hasten your fate as yourenemies would hasten it, and indeed have hastened it in their wish to destroy emailprotected(Crito p.58c) Throughout the begining of the dialog, Crito is expressing his feelings of why he believesSocrates should flee from the city. Crito makes many valid points on why he disagrees withSocrates decision to bare this misfortune. Crito offe rs to do on not fleeingbeing majorintsexpressing to Socrates, that a man as courageous as Socrates and who has lived his life throughvirtue . AYou seem to me to choose the easiest path, whereas one should choose the path a goodand courageous man would choose, particularly when one claims throughout one=s life to carefor emailprotected(Crito p.59d) Through the dialogue the questions and answers within Socrates andCrito establish to major themes in which hold true throughout the work. The first being that aperson must decide whether the society in which one lives has a just reasoning behind it=s ownstandards of right and wrong. The second being, that a person must have pride in the life that heor she leads. In establishing basic questions of these two concepts, Socrates has precluded hisown circumstance and attempted to prove to his companion Crito, that the choice that he hasmade is just. AI am the kind of man who listens only to the argument that on reflection seems bestto me. I can not, now that this fate has come upon me, discard the arguments I used; they seen tome much the emailprotected(Crito p.59b)The introduction of this work has also provided the conceptthat it is our society or majority that has dictated what is considered virtuous action. According toSocrates we have been given every opportunity to reject our society and renounce what it hasstood for and against. ANot one of our laws raises any obstacle or forbids him, if he is notsatisfied with us or the city, if one of you wants to go and live in a colony or wants to goanywhere else, and keep his emailprotected (Crito p.63d) Socrates states; that making a consciouschoice or effort to remain under the influence of a society is an unconscious agreement with thatsociety to live your life by it=s standards and virtues. Socrates states after establishing his own agreement with his city=s virtues that hebelieves in the validity of the decision imposed upon himself. He states that his decision isjustified by the fact that the laws and governing agents of the society must command a certaindegree of respect. Any person who would unjustly disobey these laws creates a deliberate attemptto destroy them, as well as, the society which has imposed them.For example; AHowever, thatwhoever of you remains when he sees how we conduct our trials and manage the city in otherways, has in fact come to an agreement with us to obey our emailprotected (Crito p.63e) If thedecisions of the city=s governing agents are not thoroughly respected as just and cohesive partsof society, the very structure by which the society stands is subject to collapse. If a person isfound to be in violation of what his or her society stands for and does not accept theconsequences for his or her actions, then there can not be a system of law in place to create order. .u3be579120a61cf338abdeb19a24b8e75 , .u3be579120a61cf338abdeb19a24b8e75 .postImageUrl , .u3be579120a61cf338abdeb19a24b8e75 .centered-text-area { min-height: 80px; position: relative; } .u3be579120a61cf338abdeb19a24b8e75 , .u3be579120a61cf338abdeb19a24b8e75:hover , .u3be579120a61cf338abdeb19a24b8e75:visited , .u3be579120a61cf338abdeb19a24b8e75:active { border:0!important; } .u3be579120a61cf338abdeb19a24b8e75 .clearfix:after { content: ""; display: table; clear: both; } .u3be579120a61cf338abdeb19a24b8e75 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u3be579120a61cf338abdeb19a24b8e75:active , .u3be579120a61cf338abdeb19a24b8e75:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u3be579120a61cf338abdeb19a24b8e75 .centered-text-area { width: 100%; position: relative ; } .u3be579120a61cf338abdeb19a24b8e75 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u3be579120a61cf338abdeb19a24b8e75 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u3be579120a61cf338abdeb19a24b8e75 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u3be579120a61cf338abdeb19a24b8e75:hover .ctaButton { background-color: #34495E!important; } .u3be579120a61cf338abdeb19a24b8e75 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u3be579120a61cf338abdeb19a24b8e75 .u3be579120a61cf338abdeb19a24b8e75-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u3be579120a61cf338abdeb19a24b8e75:after { content: ""; display: block; clear: both; } READ: Technological Improvement EssayA You must either persuade it or obey its orders, and endure in silence whatever it instructs you
Tuesday, December 3, 2019
Nature View free essay sample
SUMMARY: Natureview Farm,a Vermont-based producer of organic yogurt with a $13 million revenue ,is the leading yogurt brand sold in natural food stores and has a 24% market share. it has achieved this through its special yogurt manufacturing process and a good rapport with the dairy buyers in the natural foods channel. As of the year 2000, the company faces a financial pressure to increase its sales to $20 million by the end of 2001 due to a planned exit by its venture capital investors . Natureviewââ¬â¢s Vice-President of Marketing, Mrs. Christine Walker, faces the immediate decision of whether or not to try and achieve this revenue growth by venturing into the supermarket. PROBLEM STATEMENT: To assess whether NatureView should venture into the supermarket, to achieve the revenue target of $20 million. DISCUSSION OF ALTERNATIVES: OPTION 1: Expansion of 6 SKUââ¬â¢S of the 8-oz. product line into one or two selected supermarket channel regions. Scenario where two regions (North East and West) have been selected: ANTICIPATED REVENUE FOR THE YEAR 2001 19992000 REVENUE1300000035000000*. We will write a custom essay sample on Nature View or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page 74=25900000 COST OF GOODS SOLD (63% OF REVENUE)819000016317000 GROSS PROFIT48100009583000 EXPENSES ADMIN22100004410000 SALES1560000 MARKETING390000390000 R D390000390000 AD IN TWO REGIONS2400000 SKU COSTS (60000*20)1200000 TOTAL45500008790000 NET PROFIT260000 (2%)793000 (3. 06%) Here, 35000000 has been considered to be the absolute, rather than incremental sales because of the following reason. 19992000 SALES VOLUME (IN UNITS)2300000000(3 % growth) 2369000000 SHARE OF SUPERMARKET (97% OF SALES VOLUME)22310000002297930000 ANITCIPATED SHARE OF NATURE VIEW (1. 5% SHARE)34468950 (approximates to 35000000 units) Although the projected revenue figures look positive, there is no definite information on the kind of impact this would have on the natural foods channels. Moreover, this might lead to the dilution of brand value due to the possible existence of two different price points of the same commodity albeit in two different channels. OPTION 2: Expansion of SKUââ¬â¢s of the 32-Oz. size nationally. EXPECTED REVENUE5500000*2. 70 = $14850000 COST OF GOODS SOLD 14850000*100/143. 6 = $10341225. 63 GROSS PROFIT14850000 ââ¬â 10341225. 63 = $4508774. 3 ADDITIONAL EXPENSES SALES$160000 MARKETING120000*4 = $480000 SKU COSTS (40000*64)$2560000 TOTAL$3200000 NET ADDITIONAL PROFIT$1308774. 3 (11% of the revenues) Notwithstanding the net additional profit, this option is laced with many challenges. Scale required for launching this option is huge and the company doesnââ¬â¢t seem to be prepared to handle the sales and marketing efforts on such a large scale. Training of a new sales force, to achieve full national level distribution in 12 months could be tough. OPTION 3: Introduce 2 SKUââ¬â¢s of childrenââ¬â¢s multipack into the natural foods channel. Estimated Revenue on incremental sales of 1. Million units: 1800000 * 3. 35 $6197500 Cost of Goods Sold: . 100*6197500/137. 6 = $4503997. 09 Gross Profit margins: $1693502. 90 Additional expenses incurred: Cost of complimentary cases:2. 5/100 * 6197500 = $154937. 5 Marketing expenses: $250000 Profit margin: $5792562. 5 (93% of the estimated revenue) But this figure is sans the cost which would be incurred on Research and Development and on Op erations. This proves to be the most satisfying option, where the target revenue is achieved by a greater margin and without undertaking any ambitious challenges. CONCLUSION: Expansion into supermarkets might have both positive and negative repercussions. Refraining from expansion, would lead to Natureview losing out the first moverââ¬â¢s advantage. Supermarkets are potentially a huge market for organic yogurt, considering 97%of all yogurts were purchased through this channel and 46% of organic food consumers shop at supermarkets. There have been instances of two natural food companies entering supermarkets and increasing the revenues by more than 200%. But in the case of Nature view, current pricing inhibits 58% of consumers from buying organic products. Natureview might have to execute a competitive pricing strategy against non-organic yogurts. However, the expenses associated with it (i. e. the trade promotions and SGAs) are quite expensive. The goal is to obtain an increase in revenues by at least $7M. Costs incurred by expanding into two regions would be around $ 8. 79 million. Expansion into all the 4 regions, would result in even more. There would be a lingering fear of losing out customers, due to the dual pricing of the same products, which would come into play once the products are launched in the super market. Major part of the revenues for Natureview is being generated from 8 oz. . Hence, keeping the channel strategy the way it is, would prove a better proposition in the long run. Expansion by the means of diversifying the product range in the same channel, at present looks like the best option. Strong relationship exists between the natural food retailers, which can be fortified by introducing multi-packs as an option for consumers of the natural food retailers. This can help us to maintain the premium price band positioning, instead of resorting into a price war. Also, no major organizational restructuring would be required in this case.
Wednesday, November 27, 2019
The Patriots Act essays
The Patriots Act essays After the tragedy on September eleventh something called the Patriots Act was passed. This Act allows the FBI s to infringe on our personal liberties as Americans. It mainly takes away our rights that the 1st and 4th amendment gives us. I personally think that it infringes on our fourth amendment more than the first. The fourth amendment states; The right of the people to be secure in their persons, houses, papers, ad effects, against unreasonable search and seizures, shall not be violated, and no warrants shall issue but upon probable cause. With the Patriots Act in effect the 4th amendment might as well not even exist. The FBI can do basically anything they want to try and protect us. They can get library records, tap phones, see what websites you visited, and spy on you with you never having knowledge of it. Worst of all they do not even need to obtain a search warrant or have probable cause to do so. I realize that this act was put into effect to try and protect us from another terrorist attack but the government went to far. There is no reason why they should have this kind of power to spy on American when the 4th Amendment clearly protects us from doing so. The First Amendment states; Congress shall make no law respecting and establishment of religion, or prohibiting the free exercise there of; or abridging the freedom of speech, or of the press. The Patriots Act infringes on the 1st amendment because you can be investigated simply by saying something or even just by going about your everyday activities. If the FBI thinks that youre involved in terrorist activities just because you said something or because you are a certain religion they will investigate you, take your rights away and you will probably never find out that it happened. I realize that this act was made to protect America from another attack but if it takes away my civil liberties as an American then the act should be void. The FBI should find anoth ...
Saturday, November 23, 2019
Gianni Versace essays
Gianni Versace essays Gianni Versace was one of the most talented designers in the world. Even though he has passed away, his immense skills in cutting and tailoring and the fascinating colors he used were proof of why one could easily fell in love with his designs. Versace was born in Reggio Calabria, Italy, on December 2, 1946. He has an older brother Santo, and a younger sister Donatella. According to Nicola White, Versaces mother Franca was a quality dressmaker who imported and copied French designs for a local conservative, middle-class clientele. Versace learned the fundamentals of fashion from his mother, as he said: the thing that made my life special was growing up in the south of Italy... with a mother who was such a character, a father who was such a poet. Versace often spoke of his mother, who was obviously an important influence upon him: the most important relationship was with my mother, who was a strong woman, ahead of her time... a fascinating woman, very beautiful. (qtd. in White 11) Versace studied architecture in college, and then he left college prematurely and began working as a designer and buyer at his mother's dressmaking business. His abilities brought attentions to those young clients, included his first star client, Miss Italy, who offered him a valuable lesson in free publicity (White 12). Later He began designing in a freelance basis for manufactures in Italy. At age 25, Versace was creating ready-to-wear collections for top fashion houses of the time, including Genny, Complice and Callaghan. In 1978, with the help of his brother, Santo Versace, he founded the Gianni Versace Company. Later that year, Gianni Versace started his own women's wear label and opened his first boutique, followed in 1979 by his first men's wear collection (King of couture). Gianni's courageous creative intelligence constantly challenged the limits of the fashion industry. Hi ...
Thursday, November 21, 2019
Is woman better cost saver Study on board gender diversity and cost of Research Proposal
Is woman better cost saver Study on board gender diversity and cost of capital in Hong Kong - Research Proposal Example In addition, many organisations witnessed better degree of management and governance with involvement of women workforce in boards and management teams (Farrell and Hersch 85-106; Standard Chartered Bank 1-60). In a number of countries, specifically, Singapore, the United Kingdom, Switzerland and the United States, gender diversity in a companyââ¬â¢s board is being given a lot of importance due to its positive impact on the companyââ¬â¢s performance (Terjesen and Singh 55-63). The legal and regulatory organisations have become a constant source of encouragement for board diversity. In Europe, jurisdictions have enacted laws that favours gender diversity in companyââ¬â¢s board. Similar trend has been noticed in other countries, namely, Australia, Canada, Norway, Singapore and the United States (Grosvold, Brammer and Rayton 344-357; Terjesen and Singh 55-63). In the United States, the Securities and Exchange Commission made it official in 2009 for listed firms to disclose about their board formation, involvement of gender diversity in its boards and its impact (UK Government; Weir and Laing 86-95). In 2012, the Hong Kong Stock Exchange pointed greater emphasis on gender diversity as an important component of corporate governance framework. In Hong Kong, board diversity is considered important by internal as well as external shareholders in various listed companies due to certain reasons: Notwithstanding that gender diversity on board has gained importance in many countries nowadays, it has been understood so far that all existing literatures have mainly focused on gender diversity in companies located in western countries, while very little research has been done on Asian countries, such as, China, especially in Hong Kong. The aim of the research proposal is to evaluate the degree of gender diversity in the boards of Hong Kongââ¬â¢s listed companies and their impact on
Wednesday, November 20, 2019
Analysis of Organizational Change Term Paper Example | Topics and Well Written Essays - 2000 words
Analysis of Organizational Change - Term Paper Example Change is, therefore, often considered as a reaction to external threats in volatile environments or as a proactive attempt to grab wider opportunities (Thompson, 1993, p. 697).à Theoretical aspects of Change and Change Management According to the management perspectives, change is a process. For a business that proposes to introduce and implement a change, it is an opportunity as well as a challenge, because the management may have to face varieties of obstacles like resistance to change but the outcome will be more or less profitable to the company. Change is a powerful tool and strategy that can be used as a managerial technique to achieve organizational goals in more effective ways. Change management is a systematic process that encompasses and incorporates different managerial functions such as planning, direction, coordination, supervising, organizing and controlling. As Palmer, Dunford and Akin, (2009, p. 24) argued, change doesnââ¬â¢t occur as an automatic process, but rather it involves strategic activities, people, process, techniques and many other managerial functions too. Strategic change has been defined as an informed and participative process that results in newer ways of doing business that leading the organization to its main goal, ultimate success (Jacobs, 1997, p. 22). Strategic change is a managerial process in which the present state of strategic approach gets altered to another state in order to make the organization able to compete with rivals and their differentiated functions. This would enable the organization to obtains greater adaptability and viability in the organizational environments. Strategic change may be of different kinds such as down-sizing, reengineering, outsourcing, redesigning and realigning the product, product differentiation, product development etc. As Dobson et al (2004, p. 122) denoted, an organization can be said to be excellent if it is able to change through continuous innovating, gearing quick actions a nd conducting regular experimentations. Change management is simply the process of helping a person, group or organization change. As it is a management process, it comprises various managerial functions like planning the change, coordinating among the change activities, directing, supervising and controlling them as well. Change management is an ongoing process of aligning an organization with its marketplace and doing it more responsively and with greater effectiveness than how competitors do (Rothwell, Sullivan and McLean, 2005, p. 17). The change management process thus includes a set of concepts, principles, techniques, strategies, and tools that are appliedà to human aspects in order to execute change within the organizational setting.à Change management has also been viewed as a multi-disciplinary activity that the people or team responsible for executing the change are expected of possessing certain skills, supports, experiences, and knowledge.
Sunday, November 17, 2019
Strengths and Weaknesses of Utilitarianism Essay Example for Free
Strengths and Weaknesses of Utilitarianism Essay The prominant criticism of Utilitarianism is that it is extremely hard to predict the results of an action. The outcomes of all situations are hard to predict, so how can we possibly apply the rule of the greatest happiness for the greatest number if we do not know who will benefit most? It is also difficult to decide whether an outcome is morally good or bad. People have contrasting opinions on what they think is right or wrong and it depends on the individual who is making the decision. This causes problems because a thing that is good to one person may at the same time be bad to another, One mans happiness is another mans pain. Without an absolute definition of happiness, it is hard to arrive at a right decision. Another problem of Utilitarianism is the concept of time. Is long term or short term pleasure more valuable? For example, when deciding whether to take an ecstasy tablet at a club. Taking the pill may give you a lot of short-term pleasure, but in the long term, it may cause more harm than good. Not taking the tablet would involve fewer risks and would avoid potential pain. Even here, you cannot predict the results of your decision, as there is no way of telling the effect the ecstasy has on you until you have tried it. Not only is it hard to tell what will be the consequences in the long run, but it is hard to define the time period of the long run to begin with. A particular problem with Utilitarianism stands out to me that totally immoral acts can be justified if they are seen to benefit the greatest number of people. For example In the early 1800s in South America, slave labour took place because it was seen to produce the most amount of good for the most amount of people. Slavery was an efficient way for Southern farmers to produce goods at a cheap price and these goods brought a lot of pleasure to a great amount of people. On the other hand, the slaves suffered terribly and had to endure vast amounts of pain and torture. Nevertheless the most amount of good was produced and enjoyed by the most amount of people through slavery therefore satisfying the principle of Utility. This example clearly shows how utilitarianism can cause injustice and the denial of human rights. The theory disregards motivation and goodwill, says that the majority is always right and Does not protect the innocent minorities. John Rawls agreed with this weakness. He argued that utilitarianism is too impersonal. In its pursuit of the greater good, it disregards the rights of individuals. He said that Utilitarianism could therefore be used to promote a dictatorship, in which decisions were made to over-ride the interests of the individual in favour of the greater good of society. Despite all the arguments against Utilitarianism, there are some valid points for the theory. It is widely accepted throughout the world as many countries run by means of democracy. Our political leaders are elected through the ballot box, the majority overriding the minority. This however does not automatically mean that they are the most suited people for the job. Utilitarianism also allows people to contemplate the situation before making the decision. This time prevents people from making hasty, unethical decisions, as it encourages thought before action. The aim of the theory is to produce happiness and pleasure. These are two desirable things as Utilitarianism says that pleasure is the sole good and pain is the sole evil, Nature has placed mankind under the governance of two sovereign masters-pleasure and pain. Supporters of the theory would argue that promoting pleasure must be a good thing as most people see pleasure as desirable over pain. They would also say that the intention of Utilitarianism was not to create immorality but to please to maximum number of people possible Surely it is better for a hundred people to be happy than five? Another good aspect of Utilitarianism is that it has one simple absolute, which can be applied to all situations with a positive outcome. In times of difficulty, it eases people out of difficult situations, as they cannot be blamed for making the wrong decision if they claim it was for the happiness of the majority. Any prejudices the decision maker may hold are eradicated in Utilitarianism, as they have to stick to the main rule. There is also some flexibility for emotions in moral decision making according to Rule Utilitarianism. This part of the theory allows respect for the rules that are created to better our society although even these rules do not have to be kept all the time if you are a weak utilitarian which poses problems over what the theory really is. Utilitarianism is a theory that Christians can relate to. Mill brought it closer to the Christian church by introducing Rule Utilitarianism. This would be closer to the principals Jesus lived by. For example, it was against the Jewish law to work on the Sabbath but when people were in need, Jesus bent this rule and healed them. The largest connection Christianity has with Utilitarianism is the death of Jesus. He was crucified and died for the sins of mankind, sacrificing himself for the majority. However, Utilitarianism does accept evil where Christianity most certainly does not.
Friday, November 15, 2019
A Psychological Perspective of The Turn of the Screw Essay -- Henry Ja
A Psychological Perspective of The Turn of the Screw à à à à Henry James was one of the famous writers during the nineteenth and early twentieth centuries. He was known as an innovative and independent novelist. One of James' novels, The Turn of the Screw (1898), has caused a lot of controversy among many critics, and each of them has had a particular interpretation. James' creative writing built a close connection between his novel and his readers. The reactions of the readers toward The Turn of the Screw can be researched psychologically by analyzing how James developed his story using questionable incidents, an unreliable narrator, unexpected changes, an interesting prologue, and effective images and words. The influences of James's writing on his readers can be explained clearly from a psychological perspective. Readers have their individual perceptions and experiences which are defined as ego. Sigmund Freud pointed out that under the effects of the external world, the ego starts to react in various forms such as storing, adapting, learning, or fighting against external events (2). The external world includes all the things happening outside human minds such as activities in real life, in movies or in books. When readers react to the behaviors of the Governess and other characters in The The Turn of the Screw, it means their ego responds to the story that is the external world in this case. Since the perception and experiences of each person are different from the other, the reactions to this novel are varied. Moreover, James's story was written in a very sophisticated way, which is likely to lead to complex reactions. Henry James skillfully has his readers integrated into his story. While the readers are reading T... ...Screw. Works Cited Auchincloss, Louis. Reading Henry James. Minneapolis: University of Minnesota Press, 1975. Freud, Sigmund. An Outline of Psycho-Analysis. New York: W. W. Norton & Company, Inc., 1969. James, Henry. "The Turn of the Screw". The Turn of the Screw and Other Short Novels. New York: New American Library, 1995. Luckacher, Ned. "'Hanging Fire': The Primal Scene of The Turn of the Screw." Henry James's Daisy Miller, The Turn of the Screw, and Other Tales:. Ed. Horold Bloom. New York: Chelsea House Publisher, 1987. 117-132. Nunning, Ansgar. "Unreliable Narrator." Encyclopedia of the Novel. Ed. Paul Schellinger. Chicago: Fitzroy Dearborn, 1998. 1386-1388. Wagenknecht, Edward. The Tales of Henry James. New York: Frederick Ungar Publishing Co., 1984. ---. Seven Masters of Supernatural Fiction. New York: Greenwood Press, 1991.
Tuesday, November 12, 2019
Conservation of Water in Nagaland
94% of the total area of Nagaland is hilly terrain with heavy annual rainfall ranging from 120cm to 240cm As proposed in the 4th Plan, 3 (three) Watershed Pilot Projects have been demarcated i. e. , at Zubza in Kohima District, at Tuli in Mokokchung District and at Chare in Tuensang District by the end of 1972-73, where field works on various aspects of Soil Conservation viz. , terracing, Contour bunding, Afforestation, Orchard Plantation and construction of irrigation channels are in full swing in all the above Projects.The Department has 14 (fourteen) meteorological observatories spread all over the state, which has been supplying and catering the met. data to various land users departments as well as providing the daily weather bulletin in media viz. , Radio, T. V. , and News papers. Augmentation of Water Supply to Kohima Town by Gravity flow from Dzukou and Dzuna river. A Survey has been conducted to find out the possibility of tapping water from Dzuna Rivers and has been found t o be feasible. This Project envisages for a 975 million litre capacity Balancing Reservoir to store the surplus monsoon run-off water from Dzuna river.This will, to a large extent supplement the deficiency during lean season. The estimated project cost is Rs. 33. 97 crore at 2003 price levels. The project has been approved and sanctioned recently by the Urban Development Ministry. ) Augmentation of Water Supply to Mokokchung Town : Due to problems faced by the present water supply system by pumping from Dikhu River to Mokokchung Town, a project to augment water supply to Mokokchung town by Gravity from Tichipami source with an estimated cost of Rs. 1000. 3 lakhs has been taken up. A budget provision of Rs. 192. 00 lakhs under Negotiated Loan (HUDCO) is ear marked during 2002 ââ¬â03. Anticipated expenditure up to 31/3/2003 is Rs. 800. 00 lakhs and is anticipated to be completed and commissioned by June/2004. i) Augmentation of Water Supply to Mon Town :- The project has been sanc tioned at an estimated cost of Rs. 653. 00 lakhs. The expenditure up to March 2003 is Rs. 569. 901 lakhs. The project has been completed and is expected to be inaugurated shortly.The scheme will deliver purified water at the rate of 60 litres per capita per day (lpcd) for a design population of 13000. ii) Augmentation of Water Supply to Zunheboto Town : The project has been sanctioned at an estimated cost of Rs. 959. 00 lakhs. Budget provision kept for the year 2002 ââ¬â03 is Rs. 30. 00 lakhs under AUWSP. The anticipated expenditure up to March 2003 is Rs. 904. 00 lakhs The project was commissioned on 18th May/2001. The Scheme is designed to deliver purified water at the rate of 70 litres per capita per day to a population of 17,800.Extension of distribution lines and introduction of metering system is in progress. (iii) Augmentation of Water Supply to Wokha Town : This project has been sanctioned at an estimated cost of Rs. 351. 30 lakhs. Budget provision during 2002 ââ¬â03 is Rs. 0. 22 lakhs. The anticipated expenditure up to March 2003 is Rs. 189. 47 lakhs The project is expected to be completed by March/2005. Once completed, the Scheme can deliver purified water at the rate of 50 litres per capita per day (lpcd) to a total design population of 20,000.
Sunday, November 10, 2019
Albatross Anchor Proposal
Introduction Processes and technologies have many variables; planning, analysis, designing and innovations. Albatross Anchor needs to become more effective with the opportunities and challenges in its operating environment. Albatrossââ¬â¢ operating system must be capable of producing quality products (anchors) that are n demand within a time frame that is acceptable to the industry. Question One Based on the information presented in the scenario/case study discuss Albatross Anchorââ¬â¢s competitiveness in relation to (please address all items in the below list and provide support for your conclusions): 1. Cost a) Cost or Production: The first issue that needs to be addressed is; how much of the fabricating of the anchors could be outsourced? Albatross, a vertically integrated company has an antiquated and technology-deprived plant as well as non-compliant on safety and environmental issues. The factors that can make outsourcing desirable to Albatross Anchors are quality and speed. Quality, which is ââ¬Å"standardization of parts, supplier certification, and supplier involvement in design can improve the quality of supplied parts. â⬠(www. allbusiness. om) Speed of the supplier can produce the components quicker, with adaptability, flexibility and reliability then this is a time benefit for outsourcing. Albatross Anchors is lacking the production capabilities to output products in relation to the industry and customers demands. Outsourcing would be a benefit to the production of the customized and specific anchors and a valuable asset to put into action and still be able to keep the competitive edge. Albatrossââ¬â¢ ability to produce the anchors on a larger scale with fewer, less expensive costs needs to be implemented. Technology, specialized trained employees and bulk purchasing are factors that contribute to the economic scale. An investment in specific technological production techniques would give Albatross more of a competitive advantage over other ââ¬Å"anchorâ⬠companies. Increasing production efficiency would allow Albatross to reduce the companyââ¬â¢s expenses. Reduced expenses means more cash to spend on operational expansion. Experienced and a specialized skilled labor force would improve Albatross Anchor because the ore skilled workforce the more capable workers would be to complete complex tasks. Albatross could hire more skilled labor force to reduce the workforce for their competitors. The advantage of a more highly skilled workforce is to improve the economies of scales because they could produce more anchors in less time. b) Economies of Scale: The ability to grow and expand would lead Albatross to purchase materials in bulk. Bulk purchasing would allow Albatross Anchor to benefit from a reduced average cost per unit. Economies of scale refers to the decreased per unit cost as output increases. More clearly, the initial investment of capital is diffused (spread) over an increasing number of units of output, and therefore, the marginal cost of producing a good or service decreases as production increases. )â⬠(www. uslaw. com) c) Cost of Raw Materials Sitting Idle in the Warehouse: d) Cost of Finished Goods Sitting Idle in the Warehouse: To stay competitive, Albatross needs to implement the ââ¬Å"Just-in-timeâ⬠inventory control system. This system identifies that a ââ¬Å"finished product should be produced just in time for delivery and the raw materials should be delivered just in time for production. â⬠(www. referenceforbusiness. com) The ââ¬Å"Just-in-timeâ⬠system is used so materials and goods never sit idle for extended periods of time. If products or materials sit for long periods of time in warehouses, Albatross is wasting money and valuable space. Inventory management is another key factor for the success of Albatross Anchors. If Albatross wants to maintain an effective inventory of their materials, regular maintenance needs to be a priority. Inventory maintenance on a regular basis needs to 1) review all transportation alternatives and how this affects inventory and warehouse issues, 2) do periodic reviews of inventory, especially raw materials and finished products to ensure that customers orders are filled in a timely fashion and 3) establish a review system for managing inventory to ensure that obsolete materials are disposed of properly. Success of Albatross Anchors depends on a successful inventory management system. 2. Speed of manufacturing process from order to finished product. Albatrossââ¬â¢ manufacturing speed needs to be improved in order to stay competitive in the industry. Albatross Anchors would benefit from the use of a computerized production scheduler, this scheduler creates schedules for the production down to the very second. Using flowcharts as well as a computer-based scheduler will take the guess work out of production and increase speed so to improve the lead time, reduce inventories, satisfy customers and still stay competitive. 3. Flexibility in filling order(s): Implementing a flexible manufacturing system would enhance and increase the speed of fulfilling the anchor orders of Albatross. The ability to easily make changes in the production of anchors would be a major strength for flexibility in volume and product. The manufacturing flexibility has three components: 1) the flexibility to produce varieties of different sizes of anchors by using the same machines and producing the same anchors on different machines, 2) the ability to produce new sizes of anchors on the existing machines and 3) using the flexibility of the current machines to design changes in the anchors. The present time, Albatross has dedicated machinery which lacks flexibility. Utilizing an FMS would produce benefit as less waste, quicker tool change, better control of quality, efficient uses of machinery and labor force, reduction in inventory, faster shipping and receiving as well as reduction in expenses. 4. Technology Technology in manufacturing operations is a vital part of the success of Albatross Anchors. Implementing automated and flexible manufacturing systems can aid the company to make collaborative decisions about the production of specific and different anchors. Applying current process, manufacturing, product and information technologies will benefit Albatross to supply employees, suppliers and customers with the best output for their marine craft, whether large or small. 5. Capacity and facilities The current facility layout for Albatross is inefficient for several reasons. The current flows of work, materials, receiving/shipping are not grouped together. Albatross can reduce manufacturing costs and improve profitability by improving the plant layout. Product layout would be the most beneficial for Albatross Anchors. This type of layout is an assembly line and workers have their stations with tools, materials to complete the manufacturing process for the anchors. Once the anchors have been manufactured, shipping them to a warehouse for storage is the most effective way. Product layout has a sequential arrangement of manufacturing processes, a continuous mass production and assembly, special equipment, a fixed path for material handling, balance for scheduling and efficiency. Implementing the product layout for Albatross will; 1) minimize material movement, 2) minimize the cost of handling materials, 3) provide work flow in an orderly and efficient manner suitable for the repetitive operations of manufacturing anchors. 6. Service to customers (what types of services would an anchor company provide to marine wholesalers? In any organization, service that is provided to customers must be held at a high standard. Exceptional service will generate a return of customer and profitability. Services that a marine wholesaler would look for would be; databases for products and manufacturers, on-time delivery, cost effective and efficient supply solutions as well as understanding customerââ¬â¢s requirements. ââ¬Å"Technical expertise, alliances with strategic partners, logistics, supply chain management and specialized outsourcing provides strength to customer base. â⬠(www. anchormarinesupplies. com) Question Two There are many ways that mushroom/bell anchors may be manufactured. Albatross Anchor is considering two new manufacturing processes (Process A and Process B) to reduce costs. Analysis of the information below will help determine which process has the lowest breakeven point (this validates the process is more cost effective). For each process the following fixed costs and variable costs are identified below: |Anchor and Process |Process A |Process B | |Sale price per anchor |$ 42. 0 |$ 42. 00 | |Total Fixed cost |$ 650,000. 00 |$950,000. 00 | |Variable cost per anchor |$ 36. 00 |$ 29. 99 | Based on the information in the table above complete the table below: Anchor and Process |Process A |Process B | |(a) Fixed costs per anchor |3,900,000à |11,409,500à | |(b) The total number of anchors to attain |108,334à |79,101à | |breakââ¬âeven point for Process A and Process B | | | c) Based on your calculations which Process (A or B) that you would recommend for adoption (you can select only one). Please make sure to explain how you arrived a t your conclusion. I would recommend Process A for Albatross Anchors. The fixed costs per anchor are lower than the total fixed costs which would generate a profit for the company but, the number of anchors to manufacturer is greater. Producing a larger number of anchors is a benefit when Albatross purchases bulk materials for process A. If Albatross can produce a large number of anchors on a monthly basis with lower production expenses then the company will turn a profit. Process A has the factors that all management supervisors want, low costs with a high number of products coming off of the production floor. Conclusion Albatross Anchors has the abilities to mass produce anchors for small, medium and large marine vessels. Albatross Anchors is a company that began in 1976 and has grown rapidly. In order for the company to make a large profit, the plant needs to be updated with technology, expand the production of the anchors and be a more friendly manufacturing environment. Providing exceptional service to customers, updating the facility, technology, flexibility with fulfillment of orders, speed of the manufacturing process, cost of production and materials as well as utilizing inventory, Albatross can become competitive once again. Through enhancing the manufacturing processes, Albatross Anchors will be the leader in the manufacturing of anchors in the future. References Evans, J. (2005). Total Quality Management, Organization, and Strategy, (4th Ed. ). Thomson, South-Western. Wilson, Dennis R (2004, March 22). Outsourcing Production and Jobs: Cost and benefits.. Retrieved May 10, 2011, from http://www. allbusiness. com www. uslaw. com www. anchormarinesupplies. com www. referenceforbusiness. com
Friday, November 8, 2019
HND Biomedical Sciences Lab Report Essays
HND Biomedical Sciences Lab Report Essays HND Biomedical Sciences Lab Report Essay HND Biomedical Sciences Lab Report Essay Determination of the concentration of ethnic acid in commercial vinegar Introduction: The alma of the experiment was to determine the militarily of ethnic acid In table vinegar by titrating a sample with alkali sodium hydroxide (Noah) with a known concentration of 0. 1 moll-1. The equation of the reaction between ethnic acid and sodium hydroxide is as follows: COACH + Noah Cinchona + H2O When the iterations end point is determined and volumes of reactants are measured the concentration of the ethnic acid can be calculated. Keywords: Titration, Sodium Hydroxide, Ethnic Acid, Equivalence Point, pH Meter, Method: The titration was successful at working out the concentration of ethnic acid. The equivalency point was 14. CACM Noah used and the pH at the equivalency point was 7. 5. The last recorded pH was 12 because when sodium ethanol is dissolved in water it dissociates to become sodium and ethanol ions. Because ethnic acid is a weak acid the ethanol ions react considerably with the hydrogen ions in the water to produce ethnic acid molecules. Sodium hydroxide is a strong base meaning that the sodium ions only react slightly with the hydroxide ions leaving more hydroxide ions in the solution resulting in an alkaline solution.
Tuesday, November 5, 2019
Getting paid to hack essays
Getting paid to hack essays Many of the products we buy today are no more than large collections of zeroes and ones. High-priced software, high-quality music, and valuable reference material such as computerized databases or CD-Rom encyclopedias are commercial products like any other, but the media of their transmission makes them different in at least one aspect: it is possible to copy them freely, or at least extremely cheaply. A compact disc of Elvis Costello and the Attractions is different from, say, a ham and swiss sandwich in many ways, but beyond the obvious is one reason that makes the nature of the two items and their production and purchase very different indeed: I can only eat the ham and swiss sandwich once, while I can listen to the Attractions CD repeatedly. This is a result of the fact that the CD contains information, rather than an actual substance such as the sandwich has. The consumable material in the sandwich is actual food and is gone after its consumption, while the consumable material i n the compact disc is encoded binary data that will be around for the life of the physical disc. Since the sandwich can only be consumed once, we pay out an amount of money that signifies what one sandwich is worth to us. If I want another sandwich, I pay another $4.95. If someone were to invent a ham and swiss sandwich that could be eaten thousands of times (let's not go into the mechanics of how this would work) then the producer might be justified in charging many times the cost of an ordinary ham and swiss, on the grounds that I'm getting more than just one sandwich. "Buy our sandwich once, and you'll never go hungry again!" However, one might protest this idea if we know that it still costs the usual amount to make the sandwich. If a producer can make a repeatedly-edible sandwich for a couple dollars, and sell it for $4,000, he stands to profit hugely. The reason we might be able to justify charging four grand for a ham sandwich is that in our usual...
Sunday, November 3, 2019
Macroeconomics Essay Example | Topics and Well Written Essays - 750 words - 1
Macroeconomics - Essay Example And this is manifested in the steepness of the curves. As shown above at current utility U1, consumer A3 appears to be more aggressive and impatient compared to consumer A1. That is A3 is consuming 60,000 units now compared to A1 at about 36,000 units with the prevailing interest rates. If everybody moves in the direction of the arrow, which is more time and consumption in the future, then the same scenario is replicated with a marginal change of current consumption. (Balvers, Cosimano & McDonald, 1109-1128) Interest rate can also determine the opportunities of investment. Investment has the purpose of creating future wealth for utilization at that time. Thus considering that one can invest by either a past saving or current borrowing, a saving is composed of one net income less what is consumed. Also in order for one to be able to be wealthy in the future, from a borrowed capital point of view, they will need to have paid the tax on the borrowing with the accrued interest. There after the value of the wealth will ALSO be on the market price plus the principal sum that has been paid back. Consider the diagram below. (Balvers, Cosimano & McDonald, 1109-1128) When we have lower interest rate savings, we are likely to accumulate more wealth for future consumption or for further investment from the decent returns. The concave curve moves outward as shown above. However when we have a higher rate of interest borrowing there will be a lower rate of wealth created for future consumption. The concave curve moves inwards to the left. The two diagrams are now superimposed as shown below. (Balvers, Cosimano & McDonald, 1109-1128) The next point is to establish the optimal point at which interest rates determine the consumption and the investment simultaneously. The aim is to achieve increased wealth utility (consumptions) with
Friday, November 1, 2019
Business Plan Essay Example | Topics and Well Written Essays - 1250 words - 2
Business Plan - Essay Example It will be registered on the Business Bureau as a partnership business. I and my partner will be both managing partners. We will hire few employees that will be assigned to deliver forecasted volume of orders. Our express dry cleaning service will cater customers on various services related to dry cleaning such as laundry and garment alteration that will be delivered door-to-door using a business van. Door-to-door delivery can attract more clients to use our service because it is more convenient to them. In the long run, we can attract more customers and get higher volume of orders. Competitors on the business location are currently providing one-stop services, so we have seen a great potential. Employees are our number one targeted customers for this express dry cleaning service. As per observation, employees are always in a hurry ââ¬â unfinished paper works or urgent meetings. Next to our list are employers and self-employed individuals like working Mom and Dad on the comfort o f their living room. This people might have too much on their plates that they cannot able to dry clean their clothes and garments all by themselves ââ¬â hence, they need us who can deliver a quality service in an express way. In addition, our customers have two options for payments ââ¬â cash on delivery or monthly billing. ... Instead of just using our services once, they most likely will consider making us their regular express dry cleaning service provider because of the payment convenience. Quality is king. We believe on that, and we will never compromise quality with quantity. As an express dry cleaning service provider, we will ensure that our delivery will be always on the time frame. We also plan to provide extra services for our customers who exceed a certain amount of kilos per dry cleaning. We will also offer discounts to customers who can refer their family, friends, office mates or neighbors to our dry cleaning establishment. Providing a quality services together with exciting freebies like the referral program can attract more customers to use our service. Our top rated service will yield repeat orders in higher volume, more referral, and customer patronage in the long run! We will stand strong with our goal to over deliver and give a guarantee to customer satisfaction. More so, our sales fore cast over the first year is ? 40,680 and we believe that it will increase in the next business years. Our projection of the net profit for the first year is good enough to continue operation, and we expect the same and much better projection in the coming years to come. The Reason to Open the Business in London As stated above, working individuals are in a hurry every single business day. Urban dwellers are working to thrive. People come and go from their homes to their respective offices or work places to perform various job assignments and 24/7 has become too short for them to do household chores like dry cleaning. There is a huge market potential for our express dry cleaning service, and our feasibility
Wednesday, October 30, 2019
Global finacial crisis Research Paper Example | Topics and Well Written Essays - 2500 words
Global finacial crisis - Research Paper Example Liquidity rate is the process of transforming solid assets into actual money. It is an indication of insufficient flow of finances. This work focuses on the global financial crisis with regards to its causes, effects and remedies among other aspects. This crisis was caused by several factors more so in the developed world. One of the major causes was the collapse of the real estate sector in 2006. This occurred when the sector lost its securities (pricing). The majority of major financial institutions had to close some operations since majority of them depend on the real estate. This happened when the U.S among other developed nations like United Kingdom established some policies that enabled citizens to own homes by creating a general platform for easy access of housing loans and mortgages. This was a predicament that the move would provide adequate capital to the banks through safe interests. This caused housing prices to reduce from 2006 to 2012. Several real estate agencies or co mpanies reported the greatest losses in the entire history of the sector. This could be indicated in the regional and international stock markets. The policy enables the majority to own their own homes, hence very few people were left to rent or purchase housing facilities from the real estate sector or agencies. ... Most of these companies are funded by institutional investors as well as foreign banks. This compelled President George W. Bush to declare insufficient bailout to the majority of the homeowners who could not repay their mortgage debts or loans. In short, the crisis was a result of policies that enabled citizens acquires loans to build their private residential structures, only for the majority of them to fail to pay their mortgage debts. The government had to offer some bail out, even though at some point, the president declared that were limited resources to offer such bailouts. Depreciation of house prices increased to an extent that such values were far much below the mortgages. This created a kind of foreclosure in the financial sector. From 2006, there was a kind of financial drain from the consumers; as a result, this weakened financial stability among the banking institutions. There was a huge pool of loan defaulters, which compromised the housing market and the national econo my as a whole. The loss was estimated to be trillions of U.S Dollars on a global scale. Much blame for the crisis is placed on the U.S government to establish some policies that encouraged direct deals between the citizens and the global or major financial institutions. History indicates that before 1970, United States ventured on a certain business or economy strategy where vital economic issues were enclosed to the government and not the public. During that period, there were limited deals between the governmental or global financial institutions and private developers, instead the government recognized corporations, companies or partners. Any party wishing to get some loans was to
Monday, October 28, 2019
Town of Manchester Essay Example for Free
Town of Manchester Essay In the article ââ¬Å"Kentucky Town of Manchester Illustrates National Obesity Crisis,â⬠Wil Haygood demonstrates how the dangers of obesity are rampant in small towns. Specifically, how their surroundings are contributing to the alarming obesity rate in this charming little town of Manchester. While Haygood depicts how the locals ââ¬Å"celebrate the joys of community closeness,â⬠he also reveals how ââ¬Å"it is one of the unhealthiest places of allâ⬠. In fact, he points out that an estimated 52% of the 2,100 residents are considered obese, and that a majority of those are young children. To illustrate, Haygood cites a research study conducted in Manchester and surrounding counties by Jill Day, a local resident. The findings revealed that ââ¬Å"Of the 277 [children surveyed], eight of those fourth- and fifth-graders were underweight, 135 were healthy, 49 were overweight, and 85 were obeseâ⬠. In other words, he is indicating that roughly 48% of children are suffering from this obesity epidemic. Haygood suggests the problem originates from having too many fast food restaurants without enough healthy alternatives; paired with the fact that there are not enough locations that promote activity or exercise. For example, Manchester has at least 8 fast food restaurants as well as a Wal-Mart that sells mostly snack food. The only place for exercise is a physical therapy office. He also addresses the notion that obesity is more hereditary than anything else. He quickly refutes this argument by simply quoting Jill Day: ââ¬Å"Since 1980, obesity has tripled in children, so we canââ¬â¢t totally blame genetics for this increaseâ⬠. Overall, Haygood highlights that while being from a small town is comforting and favorable, it may be just as damaging and detrimental.
Saturday, October 26, 2019
Generation What? An Outcast of Generation X :: Essays Papers
Generation What? An Outcast of Generation X Reflecting upon my writing is one of the most difficult tasks I have ever been asked to do. Looking back upon my work, I realize that this is one of the most important papers I have written. Not only was this piece the first paper I have written for a writing studio, it also enabled me to release some of the frustrations I have with my generation. Generation X. Slackers. Twentysomethings. There has been so much written about this group. There have been countless attempts by the media to analyze them. The media panders to and laughs at them, almost in the same breath. They discuss the group's alienation and disaffection, and their pride in multiculturalism. The media mocks their seemingly constant depression and applauds their tolerance and open-mindedness. Movies such as Reality Bites and Singles show this group in all its glory. Most people in this age group watch these movies and feel a connec tion with them. The backdrops of these characters' lives, and the experiences these characters face are similar to their own. However, I, as well as many of my peers, cannot relate to any of the so-called "Gen eration X" movies, TV shows, music, etc. While we are all in the correct age group, these forms of entertain ment are for the products of a white, middle-class, suburban upbringing. This category leaves out a con siderable amount of young Americans. The whole concept of a Generation X reminds me of junior high school, where knowing the right people, wearing the right clothes, and listening to the right music means status and popularity. Back in junior high, there was the popular crowdrich kids, ath letes, and beautiful people. These popular people had one thing in common conformity. They all wore the same type of clothes with the same brand names. They went to all the socially key functionsparties, dances, etc. As much as twentysomethings would like to think they have progressed beyond this point, they have not. Generation X also has a popular crowd. Instead of going to the socially key parties, they attend concert events like Lollapalooza and Woodstock '94. Instead of going out of their way to look like everyone else, they go out of their way not to look like everyone elseand end up looking like everyone else in the process. The audience at a Lollapalooza concert is a study in nonconformist conformity.
Thursday, October 24, 2019
Friar Laurence and the Nurse Essay
The Nurse and Friar Laurence have a great influence on the outcome of Shakespeareââ¬â¢s famous play, Romeo and Juliet. Their words and actions have an enourmous impact on the two main characters. The Friar acts as Romeoââ¬â¢s friend, philosopher, and guide. This is a parallel role to the Nurse who advises Juliet. They continuously work together to find ways for the young adults to marry in hopes of uniting the two and bringing peace to Verona. Their roles as parent figures compel them to help the two adolescents marry. The Nurse and Friar Laurence are kind and meaningful characters who positively contribute to the alliance and temporary happiness of Romeo and Juliet. The Friar elicits the emotions in Romeo that are usually reserved for a father. He is ready with a plan to help the secretly impassioned lovers. ââ¬Å"But come on, inconsistent young man, come with me. Iââ¬â¢ll help you with your secret wedding. This marriage may be lucky enough to turn the hatred between your familiesâ⬠¦Ã¢â¬ He feels able to bring the years of feuding between the Montagues and the Capulets to an end by helping Romeo and Juliet to marry. The Nurse is a trusted family servant to Lord Capulet in Verona and she maintains an active voice in their family affairs. Lady Capulet involves the Nurse in her discussion with Juliet about her possible marriage to Paris. She has been with the Capulet family for at least fourteen years, the entirety of Julietââ¬â¢s life. The Nurse had a daughter, Susan, born on the same exact day as Juliet. Susan died, and since her death the Nurse has taken care of Juliet and become more like a mother to her than Lady Capulet. The Nurse was actually Julietââ¬â¢s wet nurse, and it is proven that a bond between a baby and one who feeds it is very strong. She uses many terms of endearment; when calling on Juliet: ââ¬Å"What, lamb? What ladybird?â⬠When Juliet speaks to her mother she speaks very formally, calling her ââ¬Å"madam.â⬠The conversation between Juliet and her mother is stilted and proper, whereas the Nurse is very open with her opinions, advice, and feelings with Juliet. When talking about Paris, she talks like a schoolgirl gossiping about Parisââ¬â¢ looks: ââ¬Å"A man, young lady! Lady such a man as all the world ââ¬â why, heââ¬â¢s a man of wax.â⬠It is the Nurse who tells Juliet that Romeo has been banished after killing Tybalt. ââ¬Å"Tybalt is gone, and Romeo banished; Romeo that killââ¬â¢d him, he is banished.â⬠The Nurse is the only guest at Romeo and Julietââ¬â¢s wedding and it is Friar Laurence who marries them. Each of these characters, therefore, has a central role in the play. It is Friar Laurence who gives Juliet the sleeping draught to be used to convince her famnily that she is dead. His letter to Romeo goes missing and this is key to Romeoââ¬â¢s suicide when he too believes that Juliet has taken her own life. It is the Nurse who finds Julietââ¬â¢s body. The two older characters whose words and actions are most central to the play, then, are the Nurse ââ¬â a positive maternal role model to Juliet ââ¬â and Friar Laurence ââ¬â a positive paternal role model to Romeo.
Wednesday, October 23, 2019
Organizational Controls Essay
The case describes one of the most common problems that arise in cross-cultural business expansions without accounting for cultural and social differences across borders. Lincoln is a well established company with a great concurrent control system which enables it to move swiftly through processes and end up with phenomenal figures of efficiency and productivity. The control system at Lincoln is concurrent, although it can be argued that the system has certain similarities with the feed-forward control system. However, one thing is certain: the system is quick and flexible to change quickly which does not consist of the slowness of the feedback system. In particular such a system along with the different types of reward schemes makes Lincoln highly successful in the United States. It would be really difficult to find an organization comparable to Lincoln in terms of the amounts and kinds of rewards given to its employees. The different employee rewarding schemes are all tools and techniques which Lincoln has adapted to over the years because of the realization of the fact that employees in the US are highly motivated through pay-based rewards. (Susan Meredith, 2004) Essentially speaking it is this single factor which has contributed largely to the success of Lincoln in the US and the different kinds of pay-based rewards only seek to satisfy all kinds of people with different ideas and expectations for pay-based rewards. It should be understood by the management of Lincoln when they are transporting the US approach to other cultures that the cultures of different nations maybe and probably are entirely different from the American culture. It is not necessary that the same kinds of objects and pay-based rewards may drive them and motivate them towards high productivity. There are a lot of other intrinsic rewards available at the disposal of managers to use to meet the demands of the workforce. The same types of rewards may not work on different cultures due to the social and political circumstances of those nations. Employees may have different needs, which if met by the management, will motivate them to work harder and achieve levels of high productivity and efficiency. (Daft, 2001) The problem made by the management at Lincoln was to generalize that fact that pay-based and other monetary rewards will definitely motivate employees to achieve high productivity and efficiency. Instead, the operations failed due to the different cultures having different motivational factors, which obviously were not identified by the Lincoln management. The suggestion here to be followed by the management is to identify through research and internal mingling the factors that affect motivation and job satisfaction amongst the different cultures in which they have expanded their operations to and address specifically those issues to reap the same results as in the US. (Robbins, 2004) Employees would maintain their relationship and confidence in Lincoln only if the organization upholds itââ¬â¢s the expectations the employees and their unions hold from them. If Lincoln is unable to pay its US workers the bonus they deserve, Lincoln will be in deep trouble. The overall situation would go from bad to worse. It should be understood that the US employees had no share or tear in Lincolnââ¬â¢s expansions and that the losses arising as a result of the bad policies implemented in the new acquisitions was not transferable onto the US employees. Thus, Lincoln should not dishearten the US employees or risk the deterioration of employee satisfaction, morale and motivation which will affect Lincoln negatively in a significant manner. (Robbins, 2004) Therefore, I believe that Lincoln should borrow money to pay its US workers the bonus they actually deserve to take no risks in losing potential employees to its competitors or risk the loss of employee boost and motivation due to a break in expected promises.
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