Saturday, August 31, 2019
Accounting vs Economic Income
Accounting vs. Economic Income Abstract This paper explores further into two different peer reviewed articles, and one chapter of an accounting book. These articles express the dynamics of accounting and its perspectives. It also equates for how they are determined and the usefulness of the income based on changes in the value of credits and liabilities. In addition, it expresses the need for education in both forms of income, and specific training required to truly understand the differences. Keywords:Accounting, Investments, Income, Assets, Liabilities Accounting versus Economic Income Introduction Accounting income and economic income may sound the same, but they vary greatly. Knowing the correct terminology is the mark of a true professional. (Kida & Hicks, 1982) There are several definitions and several different ways to approach the topic, but altogether they establish a better understanding. In accounting income and economic income there is more to them, than just definitions. There should be a clear understanding and precise knowledge of the two. Summary Economic income represents an increase in the command over goods and services, or as economists refer to it as a measurement of ââ¬Å"better-offnessâ⬠(Walther, 2010). The Hicks approach addresses economic income is a change in wealth. This is simplified by a consumption of withdrawals by owners and savings, which constitute changes in an ownerââ¬â¢s wealth. (Lamberg, 2002) Both interpretations of the economic income are very similar, and rely on wealth. In economics, value and income concepts are thought of in terms of theoretical concepts. â⬠(Kida & Hicks, 1982) Accounting income can be defined per word. Where ââ¬Å"accounting measurements tend to be based on historical cost determined by reference to an exchange transaction with another party (such as a purchase or sale) and income represents ââ¬Å"revenuesâ⬠minus ââ¬Å"expensesâ⬠as determined by reference to those transac tions or events. â⬠(Walther, 2010) The FASB (Financial Accounting Standards Board) approach to accounting income is revenues, plus ains, minus losses, and minus expenses, but the IASC (International Accounting Standards Committee) refers to accounting income as revenues plus gains. (Lamberg, 2002) Several different approaches to the accounting income, but in general they are all alike. ââ¬Å"The concept of income for accounting purposes has been traditionally based on a set of rules and regulations utilizing an historical cost approach. â⬠(Kida & Hicks, 1982) In order to see if students in college could really understand the differences in the two, a study was done. The purpose of this study was to test for income and value concepts to trained students in accounting and those not trained. â⬠(Kida & Hicks, 1982) The original hypothesis of this test was the students without the accounting education would tend to leer toward and economic approach or value based accou nting system where income is viewed as a change in wealth, and the students with the knowledge and understanding would recognize the accounting procedural approach closely related to the historical cost convention. Kida & Hicks, 1982) A ten question multiple choice test was given out to 438 students at several universities, 206 with accounting training and 232 without any accounting knowledge. The original hypothesis was confirmed. The students without any accounting knowledge generally leered to an economic standpoint, and thought there answers were in a justified manner. ââ¬Å"It appears that the students often become so adept at learning specific rules and regulations of accounting procedure that they overlook the more global issue of just what it is they are measuring. (Kida & Hicks, 1982) Students need an appreciation of the dynamics of accounting. (Lamberg, 2002) Conclusion In conclusion, economic income is basically about wealth, accounting income is mainly based more on how everyone determines the status of a companyââ¬â¢s financial status. Accounting and economic knowledge is very useful. It continues to grow more and more in depth and knowledge is needed for all students in order to succeed in the business world. In todayââ¬â¢s colleges, economic income concepts with the accounting procedural approach in both economics and accounting courses need to be implemented. In addition, it may be desirable to require an advanced economics course for accounting majors which reemphasizes the theoretical value based concepts. â⬠(Kida & Hicks, 1982) References Kida, T. , & Hicks, D. (1982). Economic versus Accounting Income: The Impact of Education on students concepts. Journal of Economic Education, EBSCO Host acessed August 2010 , 40-46. Lamberg, E. (2002). Economic versus Accounting Income. Business Source Complete Database , 30-34. Walther, L. (2010). Chapter 3 Income Measurement (27-44). Retrieved from Principles of Accounting: http://www. princ iplesofaccounting. com/pdf/Chapter%203id. v. 070107. pdf
Friday, August 30, 2019
Gmo Lab Report
Introduction During the course of this lab, we explored whether or not certain processed foods contained Genetically Modified Organisms. Genetically modified food is an important subject in the world today. Ever since Flavr Savr came out with their tomatoes grown from genetically modified seeds in 1994 genetically modified foods has become ever more popular amongst distributors of produce (Mestel, 2013). The worldââ¬â¢s population has grown by around one billion in the last decade (US Bureau of the Census).At this rate, Genetically Modified Organisms within food products will increase dramatically, but is this for the best? There are many risk factors that have been brought up with genetically modified foods such as potential increase of cancer according to a French study conducted by Dr. Giles Eric Seralini (Kilham, 2012). Genetically modified food is a popular subject among scientists, as it has been researched quite often. A study was done in the Czech Republic over a course of five years (2002- 2007) to test many foods, such as tomatoes and rice, for approved and unapproved Genetically Modified Organisms.Similar to the experiment conducted in the botany lab, the scientists involved in this study used a Polymerase Chain Reaction, or PCR, method to determine their results (Kyrova, Ostry, Laichmannova, Ruprich, 2010). Enrico Dainese and his partners did another similar study, on soybeans specifically. Like our experiment conducted on the cornbread mix, Dainese and his colleagues followed their PCR results with an Agarose Gel Electrophoresis (Dainese, Angelucci, De Santis, Maccarrone and Cozzani, 2004).An additional experiment closely related to the one performed by my partners and I is a study done in Brazil to better detect for GMO within their foods sold in markets a other places (Cardarelli, Branquinho, Ferreria, da Cruz and Gemmule, 2005). These articles show how GMO within foods are present all over the world. The reason my fellow group members and mys elf are conducting this experiment is to test a sample of processed food (in this case cornbread mix) for any existence of Genetically Modified Organisms using PCR methods. We hypothesize that the cornbread mixture has been genetically modified and herefore will show that in the results. Materials and Methods The purpose of this experiment is to use PCR method to identify genetically modified foods. During the experiment we, as a group, tested a known non- GMO food sample, oatmeal, along with our cornbread mix. We first weighed out 0. 77 g of the non- GMO oatmeal. We then proceeded to add 3. 85 ml (5. 00 ml per 1. 00 g) of distilled water (DW) to the oatmeal and ground them together with a pestle. The same was done with 0. 99 g of the cornbread mix and 4. 95 ml of DW. We pipetted each of these into separate screw-cap tubes consisting of 500 l of an InstaGene solution.These we incubated and centrifuged for approximately 5 minutes each. We then took six PCR tubes and filled them each up, 2 with the non- GMO oatmeal mixture, 2 with the cornbread mixture and 2 with a known GMO positive substance. The Non- GMO and GMO positives served as controls for the experiment. One of each of the two tubes contained 20 l of plant MM and GMO MM. The PCR tubes were then placed in a thermal cycler and after this we did an agarose gel electrophoresis to provide us with the necessary data received from bands that shouldââ¬â¢ve shown up n the gel. ResultsEven though we had followed procedure and accurately mixed the correct amount and type of DNA and Master Mix together, as shown in Table 1, we ended up getting shocking results. Photos were taken of the final gel slab the morning of the experiment (Fig. 1) and that same afternoon (Fig. 2). There seemed to be very little signs, if any, of Genetically Modified Organisms within the cornbread mixture. TABLE 1. PCR Tube Contents: Tube Number| Master Mix| DNA| 1| 20 l Plant MM (green)| 20 l Non- GMO food control DNA| 2| 20 l GMO MM (re d)| 20 l Non- GMO food control DNA| | 20 l Plant MM (green)| 20 l test food DNA| 4| 20 l GMO MM (red)| 20 l test food DNA| 5| 20 l Plant MM (green)| 20 l GMO positive control DNA| 6| 20 l GMO MM (red)| 20 l GMO positive control DNA| FIGURE 1. GMO Morning (AM) Agarose Gel Electrophoresis results FIGURE 2. GMO Evening (PM) Agarose Gel Electrophoresis results Discussion: The purpose of this experiment was to determine whether or not a sample of an off-brand cornbread mix had contained Genetically Modified Organisms (GMO). As a result, we determined that there were no GMO traces located in the cornbread mix.This could be due to mistakes that may have been made during the procedure such as poor measuring or mixing, misreading results, or the cornbread mix really was not made with genetically modified foods. These results disprove our hypothesis, which stated that we believed there would be GMO traces found within the cornbread mix. It was disappointing to see that we had a negative resul t while many of the other groups received bold lines on their arag gel indicating that their foods contained high amounts of GMO. I was glad to see that not all processed foods contain it though as in with the results of the Czech Republic study.Out of all the tomatoes and papayas they tested, not one had resulted in the detection of GMO traces (Kyrova, Ostry, Laichmannova, Ruprich, 2010). We knew that the gel was accurately detecting GMO traces in foods by using the GMO positive control. Also to back up our assumptions that the Agarose Gel Electrophoresis results are accurate, it is shown in Daineseââ¬â¢s, and otherââ¬â¢s, work. He used this method of GMO detection in his study to show that this is an effective way of detecting GMO traces (Dainese, Angelucci, De Santis, Maccarrone and Cozzani, 2004).It is interesting to see how genecticall modified foods are not only in the US but also in the Czech Republic and even in Brazil markets, where Cardarelli and his associates looke d into Roundup Ready soybeans and checked other substances for GMO traces (Cardarelli, Branquinho, Ferreria, da Cruz and Gemmule, 2005). Though I was disappointed to get negative results, I am happy that there was a variety in GMO traces within the whole lab. I donââ¬â¢t know if we would have learned much if we all got positive results. It would cause us to just assume that all processed foods have been genetically altered.The other researchersââ¬â¢ results intrigued me as to how different they all were yet they were all about the same thing in a sense. This lab has helped me realize how GMO within foods is affective all around the world and doesnââ¬â¢t just mean that the food is bigger or tastier, but has been affected by chemicals, both good and bad. Literature Cited: Cardarelli, Paola; Branquinho R, Maria; Ferreria T. B. , Renata; da Cruz P, Fernanda; Gemmule L, Andre. 2005. Detection of GMO in food products in Brazil: the INCQS experience. Food Control. 16(10): 859-866. Dainese, E; Angelucci, C; De Santis, P; Maccarrone, M; Cozzani, I. 004. A multiplex PCR-based assay for the detection of genetically modified soybean. Analytical Letters. 37(6): 1139-1150. Kilham, C. What You Need To Know About GM Foods Is Half The Story. 2012 Dec. 07. Forbes Magazine. Kyrova, V; Ostry, V; Laichmannova, L; Ruprich, J. 2010. AN OCCURRENCE OF GENETICALLY MODIFIED FOODSTUFFS ON THE CZECH FOOD MARKET. Acta Alimentaria. 39(4): 387- 396. Mestel, R. 2013 Feb 23. Genetically modified foods: Who has to tell?. Los Angeles Times. US Bureau of the Census. Current Population Projections. 2013. www. census. gov.
Thursday, August 29, 2019
Anywhere You Dare
When I saw anywhere dare candy perfume advertisement for the first time, I immediately understood its complete meaning. Interestingly, how do advertisers who saw this particular ad attract people to purchase their products? This ad is an example of the impact on our social marketing strategy. We tend to deny that sexual influence has become the mainstream market of our society, but if you read the daily magazine carefully, you will begin noticing the real scope of it . This ad pulled my attention when I viewed the magazine. My first belief in the intention of the marketer says, If you wear their products, you can be with anyone you want, regardless of the number of partners you want is. Of course, this is ridiculous for me, but it truly pulled my attention. It seems that condoms seem to mean multiple partners. Perfume is the focus of the entire advertisement. I will challenge you to dare wonderful things. Dream impossible dreams. Please make it stand out in the crowd. Please dare dif ferent way of thinking and unique. If you believe in me and you can imagine it, you can achieve it. If you can dream about it, you can do it. Whenever you get this most precious life gift, your mind, body and spirit must be digested with your dreams. Believe in your heart as it provides hope. Believe in your idea, it provides direction. Believe in your soul, it gives power. But the most important thing is to believe in yourself. Because you were always the answer. Open the door to someone who truly believes in dreams and self. Never forget that you are not alone in the mirror. You are more brave than you believe. It is more powerful than you see. Smarter than you think I dare to do this. You dare to try to advance your life. You try to do things yourself. When a coward is standing by the bystander, you dare to stand out, take a horrible measure to chat, ridiculously, and chatter to the Lord behind you. They will never talk in front of you.
Wednesday, August 28, 2019
Summary Essay Example | Topics and Well Written Essays - 250 words - 135
Summary - Essay Example In the past the business of the company was greatly dependent on Corn Flakes and Rice Krispies. The company considers such dependence to be not very perspective at the same time as business connected with snacks is not very prestigious according to the heads of the company. This attempt to get rid of the dependency on mainstay cereal business was the second after buying Keebler in 2000. According to Kelloggs chief executive John A. Bryant, the potential for increased scale in Europe and a good entry point into snacking in Asia and Latin America (Merced, 2012). Kelloggà is an international company, which operates in 18 countries. It is a multinational company, which adapts to the customers with different cultural backgrounds. The same can be stated about human resource management that has to adapt to the employees from different countries and be very flexible taking into account cultural differences. De la Merced, M. J. (2012, February 16). Dealbook; Kellogg to buy Pringles for $2.7 billion in cash deal. The Ney York Times. Retrieved July 14, 2014 from
Tuesday, August 27, 2019
The Internal Analysis about Toll Group of Asia Essay
The Internal Analysis about Toll Group of Asia - Essay Example This study will also focus on the strength, weakness and the threats to the Toll Asia. Toll group was established in 1888 by A F Toll in Newcastle, Australia. IN 1986 the business was sold to a management led by current Managing Director Paul Little and former chairman Peter Rowsthorn and it succeeded to be listed on ASX in 1993. The company ranks 25 on Australian Stock Exchange, it has AU$ 9 billion worth of market capitalization and its annual revenue is more than AU $ 8 billion. The company has 30,000 employees in a network of 670 sites in all over Australia and in Asian region. It has the key Australian ports, railway, warehousing, road fleets and the air capacity in transport and infrastructure facilities and it has diverse customer base to catering by the best management of supply chain Toll Asia produces the renowned brands of the world; Colgate, Palmolive, Samsung, Philips, Johnson &Johnson and Yamaha. It also operates in oil and gas supply base SOPS in Singapore as well as satellite bases in Thailand and Azerbaijan to support companies busy in onshore and offshore oil and gas exploration and production. The logistic sector of Toll Asia is very important for Singapore it serves two purposes one is of industry and the other is of enabler. Logistic sector as an industry has the share of 8% in the GDP o f the company and it employees 100,000 workers. As an enable the company provides logistics outside Singapore to avoid the cost factors. Singapore offers excellent business connectivity through the strong network of business partners and investors, Toll is caters some 3,000 local and international logistics companies from the countries like US, and countries from Europe, and Asia. It brings multiplicity and classiness to their logistics capabilities, and it makes Singapore the number to attract companies from all over the world for the one-stop supply chain solutions centre for Asia. Gati (from India), PWC Logistics (from Kuwait), Cosco Logistics (from China) and CJ Global Logistics (from Korea) are taking great interest in logistic services. The Toll is the best in storage and off shoring platform getting 70% share. Moreover, it is the largest oil and gas tolls manufacture to help to soar the profit to $ 4billion in 2005. The world class infrastructure, skilled man power has helped many countries to use Singapore as the command and control centre. Strength: The integrated strategy of logistics with the smart technology to connect the services and a permanent interfacing with the consumers is the point which distinguishes Toll from others in the market place. It also provides defense logistic services. Mr. Lim Siong Guen the chairperson, Singapore Economic Development board said, "Toll's partnership with Singapore enhances our specialized logistic capabilities for the oil and gas industry. This speaks volumes of Toll's confidence in Singapore as one-stop logistics and supply chain gateway to Asia."(1) He also expressed his intention to enhance the net work of services by expanding intra Asia logistics. As Toll is operating in
Monday, August 26, 2019
Web technology Essay Example | Topics and Well Written Essays - 2000 words
Web technology - Essay Example Now search engines are working in this regards and comes with the solution of personalized search so as give its users search results based on the user demographic information and interests and taste. In addition, these days search history can be also maintained by search engines, which users can see on later days. Aim: The study of personalized web searching will provide an opportunity to learn how different personalized search engines works and make use of user specific information for assisting web-searching process. Implement a preliminary web searching system (prototype) based on the design and refine the searching mechanism and the system designed to further improve its effectiveness through comparison with other methods. In this section, initially a definition and benefits from the personalized search will be presented than after history and preliminary analysis of some personalized search engines (Google, Yahoo and MSN) will be presented. After that, various tools and technologies that are going to be used for this project will covered in methodology section. Personalized search is the fine-tuning of search results and advertising based on an individualââ¬â¢s preferences, demographic information and other factors. Presumably, the better a search engine understands a userââ¬â¢s interests and preferences, the better able it is to target search results, advertising, sponsored links, etc. [Johnson 2005] After definition now question arises, why these days so many big giants (companies) are interested in providing personalized search. The next few paragraphs will give answer to this question. The first benefit is financial. According to Johnson (2005), personalized search drives financial benefits both in short term and long term. In the short term, advertisers increase revenue by targeting ads and promotions at the users who
Sunday, August 25, 2019
Cancer And The Environment Essay Example | Topics and Well Written Essays - 2500 words
Cancer And The Environment - Essay Example Certain environments, regions, and areas lead to high rates of specific cancers. For example, Asians are at high risk of stomach cancer and Americans, have greater chances of catching breast of prostate cancer. However, when Asians migrate from their native countries to America, the risk of stomach cancer decreases for them and like other Americans, their risk of catching prostate or breast cancer comes near to that of average Americans (USDHHS, 2011). Therefore, exposures to certain environments, regions, and substances will go on to define the risk of various cancers. For example, people who have excessive exposure to benzene, a chemical substance that is found dyes leads to higher risk of bladder cancer. Internal Factors There are certain internal factors, within the body, with also determine the likeness of a person getting cancer. Genetic factors, weaker immune system, abnormal hormone system and others are of a few of these. For example, scientists have discovered few rare fami lies that have been passing on altered genes on to their generations thus increasing their susceptibility to a certain kind of cancer (USDHHS, 2011). Despite the fact that this only account for less than 2-5 percent of all cancers, some people may be born with their inbuilt tendency to catch certain cancer. Genes also play an important in this regard because not all people who are exposed to certain environments get cancer. There are millions of smokers in the world but not all of them get lung cancer, however, there are certain specifications in the genes, which increase or decrease the risk of the person to catch cancer if exposed to certain environments. The study of genes for above-mentioned purposes is known as molecular epidemiology, which is a growing field of study in the field of cancer studies. Interactions of Environmental Factors and Genes Environmental factors like sunlight, toxic substances and chemicals in the environment and prolonged exposure to these factors could lead to serious alterations in our genes and permanent alterations in this regard have the capability to cause cancers (USDHHS, 2011). Despite the fact that researchers have come up with the variety of factors that may cause cancer, gene alterations and increase the risk to cancer but they have still not able to come up with the exact or even tentative amounts of exposure to certain environmental and their combination of genetic factors that would lead to cancer. The Nature of Cancer There are over 100 types of known cancers to the humankind and all of them start within the human cells, which are the building blocks of the body (USDHHS, 2011). The human body has the predefined and controlled system where the older cells die off after a certain period and younger cells take their place. However, cancer acts like a foreign invader in the human body and tries to dictate its own terms of growth of cells, which is greater than the normal growth, rate thus creating a tumor. When these can cer cells increase in number, they become more powerful and start interfering with the functions of tissues thus depriving human body of performing certain functions.
CONTEMPORARY CASES IN PUBLIC POLICY Essay Example | Topics and Well Written Essays - 1500 words
CONTEMPORARY CASES IN PUBLIC POLICY - Essay Example The need to have public policy comes as a result of various events that have culminated or are likely to lead to future problems among the public. Public policy in this case gives measure and courses of action that ought to be taken in order to prevent similar issues from occurring (Howlett and Perl 2009). The United States of America has had a huge share of both internal and external problems that have necessitated creation of public policies to help individuals deal with emerging issues in the contemporary world. One of the most recent issues the American government has had to deal with is terrorism. The government has experienced terrorism attacks and threats to that effect from various extremist groups (Bacchi, 2009). The most recent round of attacks was the bombing of the World Trade Center in New York, commonly known as the twin towers, and the Pentagon on September 11th, 2001. There have been other threats of similar terrorist attacks recurring in the near future on American c itizens on the American soil as well as those in other countries considered to be allies of the US. Since the twin tower attacks on September eleventh 2001 in the United States of America, terrorism has been a very delicate issue all over the world specifically in the United States of America. In fact it is safe to say that it has been one of the biggest issues given attention by the United States of America in preventing such attacks on American soil. This has resulted in the government of the United States of America Adopting policies in a measure to combat terrorism (Le Grand, J 2003). Such policies include the surveillance policy adopted by the United States of America Government. However, in the adoption and implementation of this policy there have been various issues that surround it prompting for the need of reforms in the United States Surveillance policy (Human Rights watch, 2013). In the wake of the these terrorist attacks, the American government perceived the establishme nt of domestic surveillance policy as the best way of planning and preparing and responding to any future threats or acts of terrorism. The impact of this policy has been very huge among the citizens and various interest groups. In order to make the policy effective, several pieces of legislation had to be passed, including the USA patriot Act of 2001 and the Homeland Security Act (2002) among others alongside the Foreign Intelligence Surveillance Act (FISA) of 1978 that has undergone various amendments to make it responsive to contemporary issues in terrorism. The main aim of FISA is to collect foreign intelligence information, that is, the information which is necessary in protecting America and its allies from attacks or sabotage by other foreign countries or groups (Considine, 2005). The Patriot Act of 2001 empowered the federal government through its agencies to collect and analyze private data and information about American citizens and analyze it so as to detect any informati on linked to terrorists. The Act also gave the president more powers to act against any terrorist groups that was deemed a security threat to America and its citizens. There are various issues involved in this move by the government to access private information of its citizens. Proponents of the move argue that it is necessary because it enables the government to
Saturday, August 24, 2019
Family on Film Movie Review Example | Topics and Well Written Essays - 500 words
Family on Film - Movie Review Example In both of these movies, the directors show these mothers in different terms of success: Beth does not succeed because she cares too much about society, and Antonia and Danielle succeed because they are willing to break free from societyââ¬â¢s constraints. In ââ¬Å"Ordinary People,â⬠Beth is the mother of Conrad and Buck. After Buck dies in a boating accident, Beth focuses a lot of pent-up guilt and blame on Conrad, and acts in a way that defies the expectations of what it means to be maternal. Mostly, people think of maternal nature as being warm and nurturing, abut Beth is cold and sarcastic towards Conrad, and berates him for being weak, just because he needs to see a psychiatrist about their dysfunctional family. Beth is fixated on the idea that the family should appear ââ¬Å"normal,â⬠and fit in to society. For example, when Calvin, Conradââ¬â¢s father, lets it slip that Conrad has been seeking mental help at a party, Beth is furious, because this disrupts the idea of the normal family that she has strived so hard for (Ordinary, 1980). And when Conrad finally gathers the courage to tell Beth that he blames her for never visiting him in the mental hospital, she is still cold and sarcastic to him, using this as an opportunity to tell him once again how much more she loved Buck than she loves him.
Friday, August 23, 2019
Online Marketing For Airline Industry Literature review
Online Marketing For Airline Industry - Literature review Example The use of online marketing is quite advantageous for the airline industry because it provides access to potential customers even in the most remote areas of the world. The internet is currently one of the most accessed tools of marketing in the world and because of this; online marketing carries with it a higher possibility of having access to more customers than other traditional means of marketing. Among the biggest advantages of online marketing for the airline industry is that it is not only done at a local level, its marketing campaigns are also done at a regional, national, and international level and this is one of the reasons why this means of marketing is one of the most successful of its kind worldwide. Online marketing is so efficient that it is able to compete effectively against other marketing strategies and in fact, it has an edge over them. When compared to other means of marketing, one is likely to find that online marketing is probably more popular than the others hence more returns to those companies that invest in it. This is means of marketing which most airline industries in the world should aspire to invest in because it is a guarantee of their success not only in the present, but also in the future. The online marketing of an airline company can be used as a means through which it can be able to attract the best talent to seek jobs within it. With some of the best people working for it, not only will such a company be able to offer excellent services, but its reputation is likely to grow, since the internet has become a means through which news travels fast. Making excellent job offers through the internet and acquiring good staff through it is a means to make the public more aware of the company. Because online marketing is one of the leading marketing strategies, this is where most companies and other institutions go to when they need to acquire people in to work for them. In addition, marketing online ensures that a companyââ¬â¢s clients stay up to date with the current knowledge about it as well as ensuring that they take advantage of all offers that the company has to give, hence giving the company a competitive edge over other airlines. Online marketing ensures that an airline is able to make adjustments quickly, according to the changes in the marketing scene in the world and it does this for assisting its clients keep up to speed of things so that they do not lose any opportunities if there are any unexpected changes in the market. Online marketing provides a swift means through which individuals can easily be able to make connections with people and resources which they have need of in order receive the services they want from the airline companies. Context This paper discusses the need for companies in the airline industry to turn to the online marketing in order to reach more customers in the process of marketing their products. It deals with how these companies are moving from the old mode of market ing and relying heavily on new sources such as social networks. Instead of the impersonal marketing modes of the past, these companies have now realized that it is better to deal with potential customers on a more personal basis so that data that is more reliable can be collected. Due to the availability of a lot of data that is brought about by social networks and consumer websites, online marketing
Thursday, August 22, 2019
Review of communication skills Essay Example for Free
Review of communication skills Essay In the group interactions, I was a class room assistant who was meeting the parents of a young child with behavioural problems.Ã When Mr and Mrs Shaw arrived I called them in to the office using a soft tone and with a hand gesture I offered them a seat in front of my desk. They seemed pleased to be meeting me and were very concerned about their son Matthew. They were both talking in a calm slow voice with varying tone. Ã I started by asking how Matthews behaviour was at home. Mr Shaw was relaxed and sitting in an open posture. He said Matthewss behaviour was fine and there was nothing wrong with him. Mrs Shaw became tensed and looked away from her husband and said she had experienced problems at home when Matthew was around other children, as he would become angry and frustrated over simple things. Mr Shaw sat upright and told his wife there was nothing wrong with Matthews behaviour and that this was normal. I reassured them both that this could be understandable as he is an only child and may not be use to sharing with other children. Maintaining good eye contact I said I was experiencing the same problems in the class as Matthew is becoming very disruptive and a lot of parents are complain that their children are frightened of Matthew. Mrs Shaw became very upset and did not keep eye contact with me, and Mr Shaw was now in a closed posture. In a strong tone Mr Shaw demanded what was doing to help Matthew. I leaned forward and using a soft tone I told them the school could offer support for Matthew as long as the parents were willing to help, I then showed them some of Matthews class work and the areas he was doing good in. His mother seemed pleased and became less tensed. I offered a special needs program pointing out the benefits where Matthew could be taken out of the class room for a few hours a week. Mr Shaw became very tensed and leaned back in his chair as his face muscles became tight. He said his son did not need a special needs program and this was a waste of time, I went over the benefits o the program again, speaking clearly as I read the most important points. Mrs Shaw was unsure and wanted to agree only if her husband would support the program, but she agreed to look at the leaflet and consider it with her husband. I explained how one to one help for Matthew would benefit him in his school work and also the other children, I then said they could discuss the program at home and decide, and then they could arrange another interview if they were happy with the program. Mr Shaw stood up and I handed Mrs Shaw the leaflets. I thanked them for their time and shock their hands, I said using a polite tone they could come see me any time if they were unhappy about any thing. I showed them to the door and Mrs Shaw was very thankful for my advice and agreed to come back and discuss the program for Matthew. Mr Shaw thanked me but did not shake my hand and made no eye contact with me as he left and I said he was very welcome to come back any time.
Wednesday, August 21, 2019
Confidentiality of Health Information Essay Example for Free
Confidentiality of Health Information Essay 1. Should corrections be date and time stamped? Yes, it is very important to keep track of when changes are made to an individualââ¬â¢s medical records. Any correction made to confidential medical information should be time and date stamped. In addition, the name of the person who makes the changes should be recorded with the time and date change. should there not be a note of who makes changes to the medical record. An example of the negative consequences of not date and time stamping medical records, electronic or otherwise, is that in a court of law, oneââ¬â¢s medical records could be inadmissible due to this simple negligence. A medical malpractice case, in which the patient deserves compensation for being diagnosed incorrectly, or not diagnosed at all, could hinge on this incredibly important detail. Whether or not the patientââ¬â¢s medical records was date and time stamped, as well as signed by the individual working on the patientââ¬â¢s electronic medical record. 2. When should the patient be advised of the existence of computerized databases containing medical information about the patient? A patient should be advised of the existence of computerized database containing medical information about the patient , before the patientââ¬â¢s physician releases said information to the entity keeping the computer bases. All medical information must be shared with the patient before any treatments are performed, so that the patient may give their informed consent for the treatment or procedure to be administered. If patients were unaware of the existence of their medical information stored in computerized database, they obviously would not have the knowledge to access their own records, which is highly unprofessional and detrimental to the patientââ¬â¢s health care in the future. According to the American Medical Association (AMA), patients have the right to know where their records are being stored and who has access to them for safety and privacy of the individual. 3. When should the patient be notified of purging of archaic or inaccurate information? States ââ¬Å" procedures for purging the computerized data base of archaic or inaccurate data should be established and the patient and physician should be notified before and after the data has been purged.â⬠It is essential that the patient and physician always know what is going on with their confidential medical records. Care must be taken to make sure that the medical record are never accidently mixed with other computer based record. With technology growing faster than most of us can keep up, most of today information is on computer. Either being stored on a disk, on websites, or even online storage . The American Medical Association (AMA), has issued opinion 5.07 confidentiality for computers. 4. When should the computerized medical database be online to the computer terminal? The computerized medical database is online to the computer terminal only when authorized computer programs requiring the medical data are in use. According to the (AMA ) policy, External individuals or organizations should not have online access to these computerized database. containing identifiable data from medical records patient. Access should be controlled through security measures. Some examples of these are encryption of the file, password to gain access to the file, or other user identification. In addition, leaving a terminal online to the database when it is not necessary can make it easier for hackers to get into the system. 5. When the computer service bureau destroys or erases records, should the erasure be verified by the bureau to the physician? I believe that when the computer services bureau destroys or erases the record, the physician should be notified in writing that it has taken place. Before records can be destroyed or erased the bureau has to establish that the physician has another copy, of some form, in his possession. The patient and the physician have the right to know any little alteration on any record. This will help in knowing what information has been erased and what significance it has as far as patientââ¬â¢s medical process is concerned. 6. Should individuals and organizations with access to the database be identified to the patient? Yes, all individuals and organizations with some form of access to the computerized databases, and the level of access permitted should be specifically identified in advance. Full disclosure of this information to the patients is necessary in obtaining consent to treatment. patient data should be assigned a security level appropriate for the dataââ¬â¢s degree of sensitivity, which should be used to control who has access to the information. The patient has the right to know who have an access to his/her information and why. This will for the respect of the patientââ¬â¢s right to privacy and confidentiality. 7. Does the AMA ethics opinion mention encryption as a technique for security? Yes, the computerized data systems have a compromising information security. The (AMA) opinion is that ââ¬Å" there should be controlled access to the computerized database via security procedures such as encryption (encoding), passwords, and other user identification including scan able badgesâ⬠. Confidentiality agreements should be made with other healthcare professional whom the office networks with encryption is recommended if the network entails public channel of communication such a radio waves, telephone wires, and microwaves. This will increase the changes of information confidentiality. 8. In regard to electronic medical record (EMR), what is the policy for disclosing authorized data requested by third parties? The patient must give consent in writing authorization for disclosing any information about his/her medical record. the individual or groups requesting the data required to obtain the expressed consent of the patient. The dissemination of confidentiality medical data should be limited to only those individuals or agencies with a bona fide use of the data. As well as the fact that, the third parties receiving the Electronic ââ¬â PHI , do not have the authorization to disclose the information to additional sources. Then , the database should disclose the least amount of E-PHI possible to serve the purpose , while also limiting the period of its use. Finally, the policy for disclosing the E-PHI is clear, the database must acquire consent for the dissemination of the least amount of information possible , the database must maintain the patientââ¬â¢s confidentiality, and, the third parties receiving the data may not disclose the data to any other organization or individual. American Medical Association, (AMA) opinion 5.07. REFERENTS: www.ama-assn.org/ Search box type, opinion 5.07 www.ahima.org/ www.ama-assn.org/ama/category
Tuesday, August 20, 2019
Britains Got Talent Program Media Essay
Britains Got Talent Program Media Essay Britains Got Talent (BGT) is a British television series aired on ITV and TV3. The theme of the program involves competition among various singers, dancers, comedians, gymnasts and other type of performers. Four series of the program have been aired till now and the winner of each series got an entertainment and performance contract worth à £100,000 and had the privilege to perform in front of the Queen at Royal Variety Performance. The first series was premiered on June 9, 2007 and concluded with a live final on July 16, 2007. Recently its fourth season has ended on June 5 2010 which was one by a gymnastic group Spellbound. The beauty of the program is that ordinary people with no exposure or reference have the chance to come on stage, participate in the cut-throat competition in front of 3,000 studio audience and at the end of the series the rightful winner gets the chance of performing at Royal Variety Performance. The judges of BGT includes Piers Morgan, Amanda Holden and of course the creator of BGTs format, Simon Cowell who was also the creator of The X Factor and had participated as a judge in American Idol. He is largely believed to be at the forefront of the judge panel. The judges travel to almost all the major cities of UK to record the auditions. The performers have to put a good show in front of the audience and judges to get to the next round, however, if Judges dont like some contestant, he/she will be buzzed out. So artists have to show not only a splendid act but they also have to gain the favor of judges and audience to remain in the show. However, it is the public who ultimately decide s the fate of the performers. Judges usually favor those contestants who are liked by public. When all performances are made than phone lines opens for some time during which audience votes for the performance, they like most. Britains Got Talent programs previous series, semi final and final rounds were aired live on television. Although Simon Cowell is the creator of Got Talent series worldwide, but Britains Got Talent has produced some remarkable artists, the likes of which were never seen before. So far 54 episodes have been shown in four series with durations ranging from 30 to 150 minutes. BGTs fifth series is expected to go live in June 2011. For its fifth series Simon Cowell will not appear as a judge. Simon Cowell will not take auditions, and will only be invited for live shows. The judges that have been selected for Britain Got Talent fifth series are; Kelly Brook, Emma Bunton, Alan Carr, Louis Walsh, Charlotte Church, Louie Spence, and Paul Ogrady. Britains Got Talent has revolutionized the format of talent shows. The extent of popularity of Britains Got Talent can be judged by the fact that it has 734,000 fans on its Facebook page and 18,300 followers on Twitter. Britain Got Talent also earned the credit of introducing Susan Boyle to the world, a 47 year old Scottish artist who sung I Dreamed a Dream from Les Misà ©rables in BGT and got 20million hits on the YouTube video of her performance. She stood second in thirds series of Britain Got Talent, and her performance attracted huge audience from countries across the globe. Dominos Pizza has been the official sponsor of Britains got Talent and it designed special ads to endorse this partnership. Due to its popularity among masses, Britain Got Talent helped Dominos Pizza in increasing its revenues by 14% to à £155million pre-tax profit by 27.8% to à £29.9million for year ended 2009. Chris Moore, CEO of Dominos Pizza seems very pleased with the outcome. He said: Our sponsorship of Britains Got Talentà took on a whole new dimension with the Susan Boyle phenomenon. With viewing figures for the show exceeding everyones expectations, the three-year sponsorship deal proved to be a well-time decision. Britains got talent programs success could also be seen with the fact that is related with its application. It has got more than 200,000 users. According to some statistics, people do not switch channels in the time when Britain got talent program is aired on the TV. In Britain almost every TV program is judged in the light of three typical families. These include the 10% managers and professionals, low paid population, and vast majority in the middle. Britain Got Talent gets most of its popularity from the vast population audience i.e. middle class. Britain Got Talent was nominated for two National Television Awards in the category of Most Popular Talent Show in 2007 and 2008. Since 2007, British got Talent program has been nominated for twenty two times under different groups for awards. It has been successful in wining different awards 9 times out of 22. In 2008, it received an RTS Awardà for its technical achievements and fourà Nickelodeon UKà Kids Choice Awards. In 2009, i t won Digital Spy Reality Award for Escala for Favorite Reality Contestant. The winner of its first series, Paul Potts and runner-up of its third series, Susan Boyle produced Platinum albums after being provided with the opportunity to showcase their talent in Britain Got Talent. Britain Got Talent provides the aspiring artists with the opportunity to show the world their gifts and hence provides a great platform for the performers who are unable to get ahead otherwise on account of lack of opportunities. We have the example of Susan Boyle, who was 47 years old singer but never thought she would be able to get out of her simple village life and show the world her remarkable talent. While Britains got Talent program had been admired by many people, this program is also subject to criticism by some people. According to them, this program creates bundles of hopes in contestants minds. Contestants have to wait all day just to give auditions of few seconds in front of judges. Their stance is that Britains got talent programs team does not entertain their contesta nts during their wait. Contestants had to wait not just all day but also with hunger and thirst. In addition, some disqualified contestants had complained that judges had been unfair with them during their decisions. The popularity of Britains Got Talent program has convinced many producers of different channels all around the globe to launch similar kind of programs in their own regions. Similar kind of programs that have started after Britains got talent in different countries are American Got Talent, Australia Got Talent, India Got Talent, Worlds Got Talent and many others. American Got Talent is the program which can be benchmarked against Britains Got Talent. The next section of this report draws a comparison between Britain Got Talent and American Got Talent. Both Britains Got Talent and Americas Got Talent are very famous reality shows on TV. The idea behind the shows is same to promote and find the unique and exceptional talent which does not get the platform and chance to promote their selves at national and international level. The format of the both program is almost same like auditions, shows and elimination criteria. Got Talent programs are most watched and liked by the age group of 18 to 50. Got Talent franchise was invented by British and despite that fact Britains Got Talent was not started at that time due to the dispute of the Paul OGrady with ITV and Britains Got Talent was not able to on air and Americas Got Talent was started prior to the Britains Got Talent and broadcasted on NBC. Britains Got Talent is broadcasted on the channel ITV and TV3 Ireland and the show was commenced on June 9, 2007 and on the other hand Americas Got Talent is broadcasted on the channel NBC and it was commenced on 29, June 2006. Simon Cowell is a creator of the Got Talent Franchise and also doing the judging in the Britains Got Talent and also the active creator of the Americas Got Talent but he has been prevented from judging at Americas Got Talent due to the its contract with American Idol. Britains Got Talent is presented by the same presenters since it started in June 2007 whose name are Anthony McPartlin and Declan Donnelly both are collectively and famously known as Ant Dec and Americas Got Talent is host and presented by the different presenter which includes the Nic Cannon, Jerry Springer and Regis Philbin. The total run time of the one episode of the Britains Got Talent is 30 to 150 minutes and Americas Got Talent total duration is 60-120 minutes. Britains Got Talent winning amount is à £100,000 and also the winner of the competition will get a chance to perform at Royal Variety Performance while Americas Got Talent winning amount is $1 million which will be paid to the winner of the competition over the financial annuity of 40 years or the winner can get the lump sum of the present value of that prize. Americas Got Talent has now become more popular than the American Idol and ratings of the program has increased dramatically on the other side Britains Got Talent is the most favorite and watched program in Britain. According to the some surveys people do not switch their channels until program finished. The companion show of Britains Got Talent is Britains Got More Talent which is telecasted on ITV2 and TV3 Ireland to show the behind the scenes footage and emotional responses of the participants after the judges comments on their performance but there is no such a program. There are total four series of Britains Got Talent which include the almost 54 episodes has been broadcasted till 2010 while almost 60 episodes of Americas Got Talent have been broadcasted till 2009 in its 4 show series and 2010 season is continue.
Monday, August 19, 2019
Vaccination: A Necessary Precaution Essay -- Health Medicine
The issue regarding vaccinations and their accompanying side effects has been a prevalent debate throughout society and medicine for a number of years. Some continue to believe that vaccinations are harmful and actually promote disease, but the truth is that the concept of immunization is one of the most significant advances in scientific history that has led to the prevention of countless diseases and epidemics throughout the world. Still, despite the overall improvement of public health, the usage of vaccinations remains a controversial concern that is constantly challenged. Vaccination critics argue that the serious side effects associated with vaccines have been underreported, underfunded, and rarely researched. This, however, is false. Vaccinations are a necessary part of society because they prevent the spread of major diseases, reduce the severity of illness, boost oneââ¬â¢s immune system, and in turn, protect the populous from potential epidemics. The definition of a vaccination, as stated by the Encyclopedia Britannica, is ââ¬Å"a suspension of weakened, killed, or fragmented microorganisms or toxins or of antibodies or lymphocytes that is administered primarily to prevent diseaseâ⬠(Encyclopedia Britannica). Vaccines stimulate the immune system to attack the specific harmful agent and then cause the anti-bodies to remain sensitized in case the agent should ever reappear in oneââ¬â¢s system. Obviously, this can be helpful when trying to prevent disease, or any other illness for that matter, since the anti-bodies specific to that type of illness remain present in oneââ¬â¢s body lest the illness returns. Since infants are extremely susceptible to infirmity, many are vaccinated as early as the first month of their life. This helps ... ...ed cases of measles reported, and less than one hundred reported cases of poliovirus. Also, studies performed in the United States have discovered that the diphtheria, pertussis, tetanus (DPT) vaccine is 90% effective in preventing the diseases (Zimmerman). Works Cited http://www.perfspot.com/docs/doc.asp?id=60286 Encyclopedia Britannica. "Science & Technology::Vaccine." Encyclopedia Britannica. Encyclopedia Britannica, Web. . http://internetreviewofbooks.com/sep10/the_pox_and_the_covenant.html http://www.ncbi.nlm.nih.gov/pmc/articles/PMC1200696/ http://www.vaccinateyourbaby.org/why/preventing.cfm Zimmerman, RK. (2000). Child vaccination, part 1:routine vaccinations. Journal of Family Practice, 49,(9), 22-33. Retrieved March 12, 2005, from EBSCOhost database. http://www.whale.to/a/moth.html
Rewards Essay -- essays research papers
Rewards and Motivation U.S. companies face greater pressures today than ever before to improve cost efficiency and in the same breathe taking their products to market faster, cheaper and with stronger innovation, regulatory compliance, responding to ever increasing regulations around the world that often conflict with each other. A company must also be nimble enough to change direction quickly and cost-effectively when market conditions shift. At the same time, they still must provide an environment in which people want to be employed and want to excel. This is where old models for rewards management fall flat and new rewards approaches must be implemented to make a more efficient and productive organization. (Chang) The company that will be referred to throughout this paper is the authorââ¬â¢s current employer, Walgreens Corporation. In today's business environment, attracting, retaining and motivating the kind of people who can sustain a fast-growing organization requires most companies to think diffe rently about how they pay their employees and this is true for Walgreens. The thought process to reflect this change is concerns the shift from compensation to rewards or the merger of both. When speaking to an HR representative within the department, it was made clear that the company objectives are results-focused and the weight of reward programs have increased to compensate. Walgreens views base pay as the price pay for membership to the company. Base pay ensures the company that the employee will show up at work, that they may call employeeââ¬â¢s night or weekends with business questions, that they can send them employees out of town and disrupt their personal life. But incentive pay or rewards is the price you pay to get employees focused on what is important to the company. For example, several years ago on the store operations level a flat rate was provided for the positions of Executive managers and storeowners across the board in the relation to annual bonuses allocated. For examples, two hundred dollars and seven hundred dollars respectively were issued on a monthly basis for these positions. However, rather than help productivity it had little effect and essentially did nothing to improve the bottom line for the corporation because managers felt that this allocated amount was just another structured payment (like base pay) and put the... ...n the company across the board but especially in cities in which new districts are being built up, such as North Carolina, South California and Atlanta, Georgia. Human Resources created a rewards program to create the motivation to make the connection between the goal and the effort it takes to obtain that goal. For each referral that leads to a new hire an employee receives one thousand dollars and if they recruit for newly developed cities they obtain double points, which would double the payout (i.e. $1,000 to $2,000). This approach has helped alleviate the recruiting strain that was place on the company. The general process theory is consistent with the Walgreens Corporation that has esteemed itself at leading the curve in regards to innovation and human capital. References Meyer, John P., Becker, Thomas E., Vandenberghe, Christian. Employee Commitment and Motivation: A Conceptual Analysis and Integrative Model. Journal of Applied Psychology; Dec2004, Vol. 89 Issue 6, p991, 17p Chang, Julia. Where Everyone's a Winner. Sales & Marketing Management; Jan2005, Vol. 157 Issue 1, p43, 4p, 8c Milkovich-Newman. Compensation: Pay Model. McGraw-Hill. Boston, 2004.
Sunday, August 18, 2019
Ironing out carbon - One mans solution to carbon sequestration Essay
ââ¬Å"Ironingâ⬠out Carbon Dioxide à à à à à Carbon Dioxide plays a key role in the atmosphere. This gas has properties that allow it to sustain and hold in heat, which in turn warms the planet (EIA, 2004). Carbon, the primary component of carbon dioxide; is also the essential molecule for life and is the most basic building block found in all organic compounds. Human activities been blamed for the disruption of the earthââ¬â¢s natural carbon cycles and according to some studies, carbon is being added to the atmosphere faster than the natural processes that sequestrate it. The massive carbon sinks that naturally regulated and fixated excess carbon dioxide have been destroyed as humans have deforested ancient forests for the sake of building their cities and supplying lands for agriculture. Research shows that there has been a consistent balance of carbon dioxide in the atmosphere for the past 10,000 years (Hamburg, Harris et al 1999); this balance has shifted rapidly in the last 150 years. The Problem à à à à à Carbon dioxide, produced through combustion and oxidation has become a growing concern in todayââ¬â¢s society. In industrialized countries greenhouse gases and the effects on our environment are becoming an issue that no longer can be ignored. Changes such as increasing temperatures, the melting of the Arctic ice cap, rising sea levels, and more violent weather activities (hurricanes, droughts, and hotter/longer summers) are becoming more and more evident with each decade. The rapid increase of carbon dioxide appears to be a key component of the in the development of these occurrences, however global warming has sparked much debate because the data that has been collected over the past century has conflicting trends (planktos.com, 2004). It is difficult to predict the behavior of the earthââ¬â¢s climate because it is ever changing and erratic, much to the chagrin of scientific modelers; the earthââ¬â¢s climate refuses to adhere to computer models. à à à à à Historically temperatures have fluctuated on the surface of the planet; however, with new technology and satellite data collection, conflicts in data have caused scientists to rethink their conclusions on the causes of these temperature fluctuations. What can be proven is that humans are affecting the planet in adverse ways. Mass deforestation, burning of f... ... Sources cited: ââ¬Å"American Society of Limnology and Oceanographyâ⬠. The Scientific and Policy Uncertainties Surrounding the Use of Ocean Fertilization to Transfer Atmospheric Carbon Dioxide to the Oceans. American Society of Limnology and Oceanography. http://www.aslo.org/meetings/carbon2001/chisholm/transcript2.html Caroline Dopyera, ââ¬Å"The Iron Hypothesisâ⬠Earth, October 1996 Hamburg, Steven, Harris, Neil, et al. 1999: ââ¬Å"How do we know that the Atmospheric Build-up of Greenhouse Gases is Due to Human Activity?â⬠20 October 2001 http://www.gcrio.org/ipcc/qa/05.htm Lawrence, Mark G. ââ¬Å"Side effects of Oceanic Iron Fertilizationâ⬠Science 20 September 2002 National Energy Information Center (NEIC),Energy Information Administration, ââ¬Å"Greenhouse gases, climate change and energyâ⬠Publication EI-30 http://www.eia.doe.gov/oiaf/1605/ggccebro/chapter1.html PALMER, ALASDAIR. ââ¬Å"FOCUS PLANKTON TO THE RESCUE: the man who says he can save the planetâ⬠The Sunday Telegraph [Sydney] 23 August 2003 United States, Department of Energy. Capturing and Sequestering Carbon Dioxide DOE Document PI -0001. November 2003 http://climatetechnology.gov/library/2003/currentactivities/sequester.htm
Saturday, August 17, 2019
Robert cobb essy
Since 1937, more than 4 million Cobb salads have been sold at Brown Derby restaurants, according to the Brown Derby Restaurant Group, which, now that the two original Hollywood restaurants have losed, is what the company calls itself. It licenses the restaurant name for merchandise (Including bottled Cobb salad dressing), as well as to Disney, which opened a reproduction of the original Brown Derby in Orlando, Florida, in 1989 and, In 1990.Signed a 20-year agreement for Brown Derby restaurants In Tokyo, Paris and Anaheim, California. As a culinary art student it's Important that you know about your chef because If you're making one of their recipes you have a little background information on the person. I chose to write about this chef for my essay because I was CUri0US If estaurants still make Cobb salads exactly the same way that chef cobb did. Something that surprised me the most would have to be that he made this salad on accident and it was a big hit.The most important thing tha t's memorable about my chef is that he sold over 4 million of his salads since 1937. robert cobb essay By tethridgel 4 My famous chef was Robert Cobb. He was born February 8, 1899 in Moberly, MO. age 16. He later got into real estate and opened the famous Brown Derby restaurant Street, Just south of Hollywood Boulevard, that was the most famous. It opened on Cobb, who was the combination food checker, steward, buyer, cashier, and occasional cook when the first Derby opened.After the deaths of Mizner and Somborn, it was Cobb who took over the restaurants in 1934. prowled hungrily in his restaurant's kitchen for a snack. Opening the huge merchandise (including bottled Cobb salad dressing), as well as to Disney, which in 1990. Signed a 20-year agreement for Brown Derby restaurants in Tokyo, Paris and As a culinary art student it's important that you know about your chef because if person. I chose to write about this chef for my essay because I was curious if
Friday, August 16, 2019
Interview Questions for Manager Profiles Essay
Q1.What do you think are the challenges for Hero MotoCorp at this moment? Q2.What steps would you take to meet the challenges? à Q3.Describe a situation in which you were required to handle an unsatisfactory customer. Q4.How has your previous company benefited from you? à Q5.What are the most important skills that are required for this job profile? Which of these do you have and donââ¬â¢t have? Q6.What life lessons does a management degree teach? à Q7.Tell us about a time when, as a team leader, you had to deal with a difficult situation professionally. How did you solve the issue keeping the team members in purview? Q8.What are the two significant trends in the two wheeler industry today? Q9.Describe a situation when you had to convince a non-supporting team member to consider your plan of action. Q10.What was your specialization in your management studies? Q11.What was going on in your mind when you decided on the management specialization subjects? Q12.How has your previous job experience helped you personally and professionally? Q13.Describe your usual work week. What kinds of works do you do as a manager? General Interview Questions for Hero MotoCorp Ltd Q1.Tell us something about yourself. Q2.What are your hobbies? Q3.What is your vision for Hero MotoCorp? Q4.How did you come to know about Hero MotoCorp? What made you apply here? Q5.Give us reasons why you want to work in this company and not any other. Q6.How do you think will you make a difference in the company? Q7.Which product or service of Hero MotoCorp interests you the most? Why? Q8.How do you see yourself 5 years from now? Q9.What is your expectation in terms of salary? Q10.Tell us about the competitors of Hero MotoCorp. How do these competitors rate in comparison to this company? Q11.How would you describe your role in Hero MotoCorp, if you are hired?
Thursday, August 15, 2019
Berjaya Corporation Berhad Essay
1.0 Introduction A business that seeks to operate honestly, considers people and the environment when making business decisions, and tries to make a positive contribution to the local community and to wider society Berjaya Corporation Berhad is an investment holding company and is engaged in the provision of management services. Berjaya Corporation group of companies is founded by Tan Sri Datoââ¬â¢ Seri Vincent Tan Chee Yioun when he acquired a major controlling stake Berjaya Industrial Berhad in the year of 1984. It is originally known as Berjaya Kawat Berhad and now known as Reka Pacifiic Berhad. In October 1988, Berjaya Group became the holding company of Reka Pacific Berhad. The principal activities of the subsidiaries consist of Consumer Marketing, Direct Selling & Retail; Financial Services; Hotels, Resorts, Vacation Timeshare & Recreation Development; Property Investment and Development; Gaming & Lottery Management; Development of Sanitary Landfill, Environvental Services and clean Technology Investment; Food & Beverage; and Investment Holding (appendix 1). Hence, due to their strategies structure, it has made them successful until today. At Berjaya Corporation group of companies, they believe that being a social responsible company can bring a balance between profitability and communities they operate. Due to their business, Berjaya companies almost in touch with society daily needs. Therefore, Berjaya always encourage their staff to take part in the Groupââ¬â¢s Corporate Social Responsibility (CSR) activities. Over the years, Berjaya Corporation had planned many charity projects, fund-raising events and donations as a social commitment towards the society. 2.0 Current Practices 2.1 Community To curb the escalation of strays in Malaysia, Berjaya Corporation Berhad organized a charity concert and conducted by Berjaya Youth to raise fundsà for the approximately RM115,000 for the sterilization of 1,000 rescued animals. Besides that, Berjaya Youth had collaborated with Paws Animal Welfare Society (PAWS) to launch its Mobile Animal Clinic at Berjaya Times Square (appendix 2). Better Malaysia Foundation, Tan Sri Datoââ¬â¢ Seri Vincent Tan ââ¬Ës personal foundation, had donated the mobile animal clinic that worth RM220,000 to create awareness on the importance of spaying and neutering of animals to curb the escalation of strays in Malaysia. The mobile animal clinic features a well-equipped examination room that can administer vaccination and perform sterilization on animals safely. Besides that, Berjaya Corporation has partnered with PAWS Animal Welfare Society to build a cattery building that can provide space for 300 cats. This cattery is to improve the living conditions of homeless cat till they get adopted. With this cattery, Berjaya Corporation want to create awareness for people to adopt a cat instead of buying. This is a good news for PAWS as PAWS is shortage of space and limited funds to take care those abandoned cats and dogs (appendix 3). Disabilities are always one of the groups that need community to give support. On 14 June 2014, Berjaya Corporation Berhad donated RM200, 000 to the Life Prostheses Centre (ââ¬Å"LFLâ⬠) located in the Bandar Utama Buddhist Societyââ¬â¢s building in Petaling Jaya, Selangor. The centre is the first and only prostheses workshop in Malaysia that provide free prosthetic limbs to poor and less fortunate Malaysia (appendix 4). However, the cost of making a limbs is not cheap, each cost estimated between RM3, 000 to RM5, 000. With the contribution of RM200,000 , it will enable the centre to get 40 to 70 prosthetic limbs depending on the type and level of amputation. Next, Berjaya Cares Foundation contributed 10 units of dialysis machines worth RM450,000 to the National Kidney Foundation of Malaysia (appendix 5). Since the establishment of this foundation, Berjaya Corporation have never failed to support them, Berjaya Corporation Berhad has raised funds for National Kidney Foundation through annual Kenny Roasters Chicken Run eventà for 2 years and through donation boxes placed in 7-Eleven outlets. Last year, they get to set up a one-stop information hub for all matters related to kidney and kidney care. 2.2 Employees Employees of Berjaya Corporation had their priority in the company. Berjaya Corporation always give their employees good quality in their workplace to make sure their employees can focus in their career development. Besides that, employees are constantly encouraged to participate in training and development programmes which relevant to their job field, so they can improve their productivity and develop skill sets. Moreover, Berjaya Cares Foundation regularly organizes talk about health, safety awareness and other topics such as personal development to their staff (appendix 6), while the Sports Toto Fitness Centre with full completed gymnasium equipment and facilities is set up to encourage their staff to exercise regularly and maintain a healthy lifestyle. Besides that, Berjaya Cares Foundation had set up a Staff Welfare Fund to manage and supplement financial aid to their employees and their family member whenever they need help in illness, natural disaster and death. This is a very good benefit to become their staff. 2.3 Environment A group of 17 Sports Toto volunteers went to Kuala Selangor Nature Park to plant mangrove trees. Mangrove trees are very good in carbon absorption and act as natural flood retention ââ¬Å"spongeâ⬠to hold heavy rainfall which can prevent flood. Next, Mangrove trees help to hold sediments along riverbanks to safeguard coastline erosion and reduce pollution to coral reefs and marine life and also provide breeding and nursery grounds. They had planted 100 mangrove saplings (appendix 7). Other than Sports Toto, Berjaya Hotel & Resorts conducted a project of threeà day Tioman Island Clean-Up Day with over 100 participants including staff, media and children from Sekolah Kebangsaan Tekek, Tioman. This activity can educate people about the importance of coral reefs to the ecosystems. There are a total of 121 reef-destroying Crown of Thorns were removed during the dive clean-up (appendix 8). They also clean up the beach with given handheld plastic bags. The result of cleaning up the beach is 15 bags of discarded plastic litters, paper wastes, beverage cans and bottles that weighing over 300kg. 2.4 Sports Toto In Malaysia, gambling is illegal as Malaysia is a Muslim country and majority of the population is Muslim. However, Berjaya Corporation Berhad insists of starting up the gambling business to the country and it is known as Sports Toto. Sports Toto Malaysia was incorporated by Malaysia Government in 1969. Then it is privatized in 1985. Today, Sports Toto is owned subsidiary of Berjaya Sports Toto Berhad and listed on the main market of Bursa Malaysia. Sports Toto is a zero sum game that accumulates the money and distributes to the winners and at the same time, gain profit from it. When people are winning the game, there will always a lot of losers. There are losers more than winners. 2.5 Conflict of the Board As we know, the current chairman and Chief Executive Officer (ââ¬Å"CEOâ⬠) of Berjaya Corporation is Datoââ¬â¢ Robin Tan Yeong Ching, the eldest son of Tan Sri Datoââ¬â¢ Seri Vincent Tan Chee Yioun. Tan Sri Datoââ¬â¢ Seri Vincent Tan Chee Yioun was the previous chairman and CEO of Berjaya Corporation and now he is the major shareholder of Berjaya Corporation. Datoââ¬â¢ Robin Tan Yeong Ching was later appointed as the Chief Executive Officer (ââ¬Å"CEOâ⬠) of the Company on 1 January 2011 and subsequently as the Chairman/CEO of the Company on 23 February 2012. CEO and Chairman shouldnââ¬â¢t be the same person because this will be conflict. 3.0 Rank about the company 3.1 Employees Employee is the most concern for Berjaya Corporate Berhad because employees are companyââ¬â¢s best asset. As Boudreau and Ramstad (2007) present: ââ¬Å"Whether it is called ââ¬Å"people,â⬠ââ¬Å"labor,â⬠ââ¬Å"intellectual capital,â⬠ââ¬Å"human capital,â⬠ââ¬Å"human resources,â⬠ââ¬Å"talent,â⬠or some other term, there source that lies within employees and how they are organized is increasingly recognized as critical to strategic success and competitive advantage. Without employees, Berjaya Corporate could not be success like today. Berjaya Corporation Berhad is the Top 30 Best Companies to work in Malaysia and today Berjaya Corporation Berhad has a total of 17,000 employees strength. Berjaya Corporation has various industries such as food and beverage, automotive, hotel and resorts and more. Hence, employee takes an important role in the company as they are backbone of the company and they are the one who services the customers. Therefore, company need to treat their employee nicely as the way you treat your employees is the way they will treat your customers (Branson, 2014). According to the Maslow Hierarchy Needs (Abraham Maslow, 1943), there are five categories of human needs such as basic needs, safety needs, belonging needs, esteem and self-actualization needs. These five needs separated to high and low categories. However, company should try to fulfill the low needs for their employee. Although is not a companyââ¬â¢s responsible to fulfill all the employees needs, employees will become loyalty to the company once the company can fulfill their needs. Employees who The hierarchy of needs theory is relevant to this study as the theory is applicable to organizational orientation and employee motivation (Greenberg & Baron, 2003). First of all, employees work to fulfill their basic needs in their life. They will only work for company when there are reasonable salary amount for them. Thus, Berjaya Corporation will give their employee bonus, incentive and even lucky draw during Berjaya Founderââ¬â¢s Day. Next, safety needs is a very important need towards the employees especiallyà for some job that will take risk. Berjaya Corporation had always conduct healthy talk or body check to their employees, so they know how to take care their body. Other than that, belonging needs is very important to an employee. Employee who feels they belong to the company, they usually will put a great deal of effort into their daily tasks. 3.2 Community Community is the second concern of Berjaya Corporation, they have planned many charity events and donations towards the community. Every year, they will have an event called as Berjaya Founderââ¬â¢s Day. Berjaya Founderââ¬â¢s Day is an annual affair dedicated to give back to society. This day, they will rise up a fund from the efforts of staff and sponsor form banker, suppliers and friends of Berjaya. The first Berjaya Founderââ¬â¢s Day was conducted on 26 February 2011 and get RM6.6 million donations for 30 beneficiaries. Next, the second Berjaya Founderââ¬â¢s Day get a total amount of RM11.6 million for 61 charitable organizations. The third Berjaya Founderââ¬â¢s Day on 23 February 2013 contributed RM20.2 million to 74 charitable organizations, while the latest Berjaya Founderââ¬â¢s Day on 22 February 2014 has collected RM25.6 million to 90 charitable organizations. From above, we can see that every year of the amount and number of charitable organization are increasing. This shows that nowadays society a lot of people need help from a big company like Berjaya Corporation come out to support them. These charitable organizations include those that support community, education, heath causes, international humanitarian aid, local performing arts as well as environmental awareness and animal causes. According to instrumental theories from Garriga and Meleââ¬â¢s (2004), Berjaya Corporation is focusing on achieving economic objectives through social activities. Through social activities, this can maximize shareholdersââ¬â¢ value and is a strategy for competitive advantage. Times have changed. There are more than 8,000 companies around the world use corporation social responsibility in their business. Because corporate social responsible is a way for companies to benefit them while alsoà benefitting the society. It is a win-win situation. According to a data released by Net Impact, the nonprofit that aims to help businesses promote sustainability, 65% of MBAs surveyed say they want to make a social or environmental difference through their jobs (Knowledge@Wharton, 2014). When a big company can give back to the community, it will be the most inspiring parts of corporate life. It shows that the company takes care of the society and it is an ethical company. This helps company to get good reputation from the society. 3.3 Environment Environment is the third concern of Berjaya Corporation. Berjaya Corporation is a diversified company that will initially influence the environment from their projects. When they are starting up a factory in a rural area, Berjaya Corporation will have to go through the process of deforestation. Cutting off the trees will definitely given a negative impact to the environment such as landslide due to the destroyed on the existing mechanical root structure in the area. However, as an ethical business, Berjaya Corporation will take up the responsibility to improve the environment by organizing an awareness event. For instance, mangrove trees planting for environmental conservation were held on 19 April 2011 with the group of Toto Sports volunteer in Kuala Selangor. Total of 100 mangrove trees are planted. The resource of our planet is limited and unsustainability is stated in the theory of Environmental Ethics (Paul W. Taylor, 1986). Moreover, Berjaya Corporation has also incorporated ââ¬Å"Go Greenâ⬠program in their business to avoid wastage and spread the awareness towards their customer. For example, use green products for take away food and beverage such as Starbucks Reusable Tumbler and Kenny Rogers Roasters I-Care Box. This shows how Berjaya Corporation cares about the environment. In addition, Berjaya Corporation chooses to cooperate with local suppliers to use less paper work and also give business to them. In addition, Berjaya Corporation ships their products by sea rather than airfeirght. 3.4 Sports Toto Sports Toto is a subsidiaries company of Berjaya Corporation. Sports Toto is very popular among Malaysian and it is the largest number of forecast operator in Malaysia as it has more than 670 outlets in Malaysia. Over the years, Sports Toto has been made many corporate social responsible such as charity, community sports, education and cultural promotion. It is a responsible corporate citizen but also a unhealthy games for Malaysia especially Malaysia is a Muslim country. It is unfair when only the Chinese and Indian can buy Toto tickets while the Malay is not allow to purchase. Malaysian called it ââ¬Å"buy a hopeâ⬠when they place their bets. Therefore, everyday there are a lot of Malaysian spend money on buying toto tickets. Some of them even use their money like water to purchase to try to win the grand prize. But Sports Toto is the only one that ââ¬Å"winning bigâ⬠. However, people with little money are always attracted to buy because it gives them the feeling of winning and the amount of the prizes is too great for them. In summary, gaming industry is harmful for individuals and society. However, it is the greatest happiness for the greatest number, stated by the utilitarianism theory of Jeremy Bentham (1987) . Jeremy Bentham said that it does not matter on the action but the result. If the result happens to be good and not harmful to others, it is consider as ethical. Therefore, the Sports TOTO game do helps on certain people on their financial issue. Sports TOTO creates hope for people to continue survive without financial difficulties. 3.5 Conflict of the Board In Berjaya Corporation, the CEO and Chairman seat is taken by the same person who is Datoââ¬â¢ Robin Tan. It is unethical to do so because it shows no fairness towards the employee. This is egoism ethical because they only hand over the position towards to their family instead outsiders. Chairman and CEO have different roles in the company, if this two roles combined together will creates an inherent conflict of interest. The Chairman of the Board of a company is the chief representative of the shareholders. The CEO of the company is the leader of the managers. The job of the chairman is to look after the shareholders. His main job is to fire the incompetent managers that are not qualified or control ones that overreach. Chairman should also look for workers that are potential enough to help company earn profit. While the CEOââ¬â¢s job is to manage, report to the board that set the policies and priorities based on the shareholdersââ¬â¢ wished and needs such as higher income, high reward policy or bonus. Besides that, he should look out for the interests, salary or extra allowance of managers. If chairman was the same person, he will basically reporting to himself. This shows that Chairman and CEO had two different and conflicting roles. Where this might bring conflict of interest arises. 4.0 Recommendation Berjaya Corporation Berhad should encourage more green activities instead of replanting the trees or cleaning the beach. They should conduct green activities in all of his company and Subsidiaries Company together as this will be effective towards the society. They can also gather different ideas and save up unnecessary costs. It can also bring a good image to their employees or other company will follow their steps. Besides that, Sports Toto should stop convince consumers that buying toto tickets is a good habit through advertisement, this may lead people to spend a lot of money on toto tickets and end up becoming poor. Next, Berjaya Corporation should allow every employees to attend the health talk, not only the small amount because this may causes employee feel unfair and do not feel they belong to the company. Lastly, Berjaya Corporation should get two people to in charge position of CEO and also chairman as this two positions will have conflict if taken by the same person. 5.0 Conclusion Berjaya Corporation Berhad is very good in their CSR which makes them different from other company. CSR can also bring benefits in terms of risk management to company such as cost savings, access to capital, customer relationships, human resource management, and innovation capacity. CSR can also make company outstanding compare to company that did not do CSR. According to the European Commission, company with more responsible business can foster more growth. Hence, CSR is very important for a company especially public listed company like Berjaya Corporation. However, Berjaya Corporation not to only focus on CSR but also take care of their primary stakeholders such as shareholder and customer by fulfill their needs and wants. 6.0 Reference Bentham, J. (1987). An introduction to the principles of morals and legislation. In J. S. Mill and J. Bentham, Utilitarianism and Other Essays,Harmandsworth: Penguin. Berjaya.com, (2014). Berjaya Corporation Berhad. [online] Available at: http://www.berjaya.com/corporate-profile.html [Accessed 29 Nov. 2014]. BOUDREAU, J. W. ââ¬â RAMSTAD, P. M.: Beyond HR. Boston. Harvard Business School Press, 2007. ISBN 978-1-4221-0415-6 Branson, R. (2014). The way you treat your employeesâ⬠¦ ââ¬â Virgin.com. [online] Virgin.com. Available at: http://www.virgin.com/richard-branson/the-way-you-treat-your-employees [Accessed 28 Nov. 2014]. Fisher, J. (2004) Social Responsibility and Ethics: Clarifying the Concepts, Journal of Business Ethics 52: 391-400. Greenberg, J., and Baron, R. A.( 2003). Behavior in Organizations: Understanding and Managing the Human Side of Work.Englewood Cliffs, NJ: Prentice Knowledge@Wharton, (2014). From Fringe to Mainstream: Companies Integrate CSR Initiatives into Everyday Business ââ¬â Knowledge@Wharton. [online] Available at: http://knowledge.wharton.upenn.edu/article/from-fringe-to-mainstream-companies-integrate-csr-initiatives-into-everyday-business/ [Accessed 27 Nov. 2014]. Maslow, A. H. (1954). Motivation and Personality: NY: Harper Taylor, Paul W. (2010). ââ¬Å"Egalitarian Biocentrismâ⬠. In Keller, David R. Environmental Ethics: The Big Questions. John Wiley & Sons. 7.0 Appendix Appendix 1: Berjaya Corporate Structure Appendix 2: Animal Mobile Clinic Appendix 3: New home for homeless cat Appendix 4: Free prosthetic limbs to poor Appendix 5: Donate 10 units of dialysis machines to the National Kidney Foundation of Malaysia Appendix 6: Health talk to employees Appendix 7: Sports Toto volunteers plant mangrove trees Appendix 8: Tioman Island Clean-Up Day
Wednesday, August 14, 2019
Belonging Crucible
All individuals unmistakably experience a sense of belonging in a multifaceted and convoluted process. Arthur Miller's play ââ¬Å"uk/the-crucible-fear-causes-irrationality/">The Crucibleâ⬠and George Clooney's film ââ¬Å"Good Night and Good Luckâ⬠are both texts where acceptance into society is explored in characters through various and complex measures. While the play and film both illustrate the complexities of assimilation into society to an individual's identity the Crucible further presents this as an ironic situation as people are pressured into conforming to societal desires, where choosing to detach from community values leads to a detrimental fate.The Crucible examines the exploitation of an individual by the power of coercion in society. The play is set in 1692 and it reflects the Salem witch Trials of that time contrasted with McCarthyism in the time of Miller. It depicts the Puritan characters where they are faced with choosing between binary oppositions as â â¬Ëa person is either with this court orâ⬠¦ counted against it, there be no road betweenâ⬠. Miller also adopts patois and archaic language to distance responders from the context and events, so as to critically analyse the conflict within character relations. Abigail is one character who has been exploited into conforming to society. She is dishonest and manipulative as on the occasion of the forest events. She exploited Tituba to act as the scapegoat through her use of contextual references voiced through vivid imagery, ââ¬Å"I see the face of Lucifer, your face and mineâ⬠, overriding the pleading tone of the Barbados woman. She has also been able to avoid detection of her sinful behaviour, which was achieved by her and the other girls using repetitive histrionics, ââ¬Å"I want to open myself!â⬠¦ I saw Sarah Good with the Devil! I saw Goody Osburn with the Devil!â⬠¦ â⬠The responder clearly can see how Abigail has been pressured into conforming to her community as she uses uncomprehendable methods in order for her to survive. The Crucible also displays the importance of assimilation into society in maintaining an individual's identity. Marry Warren is a character who chooses to conform to society so that she can maintain her identity. She is a young woman who has no major social status in her community and the only way for her to feel accepted is to conform and obey with what is expected of her. The power Abigail has over her is enormous as Mary tries to stand up for justice, but is unable to as the peer pressure is too much for her to handle. She listens to Proctor's advice in order to save Elizabeth, ââ¬Å"Mary, remember the angel Raphael-do that which is goodâ⬠, but once in court she is rendered powerless by the constant mocking of Abigail and the girls as they mimic her every action. This causes Mary to accept defeat as she gives up her personal values and sides with Abigail over Proctor, ââ¬Å"I'll not hang with you! I love God, I love Godâ⬠. This enhances the audience's understanding of how the power of coercion in society leads to a detrimental shaping of an individual's identity as they choose to conform to save themselves. Through society's pressure to conform, Good Night and Good Luck heightens the reader's awareness of how an individual is forced into committing to civilisation, leading to a negative impact on their sense of self. The married couple, Shirley and Joe Wershba, are going against CBS's company policy as no co-workers are allowed to be married. In order for them to stay married they must keep it a secret. In choosing to adhere to community values it forges a detrimental shaping of their identity as they must keep their secret unknown or they will face the consequences. Later in the film the couple are asked by the companies manager, Jeff Daniels, for one of them to resign as he state that everyone knows they are married anyway. The script writer has also incorporated irony here as Shirley says, ââ¬Å"Finally we can tell everyone the truthâ⬠, knowing well that everyone already does know. The effect this has is that it enables the audience to understand how it feels liberating for the couple that they don't have to keep this secret anymore, and that this secret was acting as a barrier for them to truly belong and by ridding themselves of this secret it allows them to feel a positive sense of self. Arthur Miller's play ascertains that choosing to detach from societal pressures offers a way to nurture an individual's identity. Proctor is a character who is seen to be a strong family man, but behind the scenes he was having an affair with the young Abigail leading to him to have marital roubles. This gave rise to Proctor feeling a sense of alienation where he doesn't deserve the respect of his community or his wife's love. Whilst in court he makes a declaration to Danforth that they will both will burn in hell, which is an attack on Danforth and himself, ââ¬Å"A fire, a fire is burning! I hear the boot of Lucifer, I see his filthy face! And it is my face, and yours, Danforth! â⬠. During the concluding scenes of the play Proctor has an epiphany when he is asked to sign the papers confessing his sins. He realises that his name is what defines his identity and that by signing it away he is giving up on himself. In refusing to sign the papers Proctor is asserting his right to judge himself, ââ¬Å"for now I do think I see some shred of goodness in John Proctorâ⬠. Proctor here conveys the message that he is choosing not to belong to his society but to his wife as she is what is most important in Proctor's life. This concept of choosing to adhere to an individual's own beliefs and not to the expected desires of the community is also portrayed in Good Night and Good Luck by the characters Edward Murrow and Fred Friendly. The pair make a formidable partnership as they both have the burning sensation of delivering the truth to the public, even if it is prohibited to do so. Friendly is a bit cautious of completing this risky task as Murrow states ââ¬Å"we might not get away with this oneâ⬠, but he is still determined as Murrow to see this task through, ââ¬Å"we're gonna go down swingingâ⬠. The inclusive ââ¬Ëwe' used in their statements shows that they are in this together and backed up with the boxing metaphor in Friendly's statement exemplifies that they will fight till the end as one team, no matter the consequences. From these texts, through the main characters ,the audience is able to see the possibilities of how choosing to go against the community is beneficial for an individual's identity. Through examining ââ¬ËThe Crucibleâ⬠and ââ¬Å"Good Night and Good Luckâ⬠it portrays that people indeed experience a sense of acceptance one way or another. Both texts are inextricably linked as they are both seen by the audience to convey the same notions of belonging, which lead to elucidation of an individual's identity.
Essential of investments Assignment Example | Topics and Well Written Essays - 500 words
Essential of investments - Assignment Example The accrued interest on the bond turned out to be $2.42. The YTMs were calculated using the YIELD function on excel, with settlement date and maturity date taken at a difference of 10 years, coupon rate being 14% and then reduced to half at 7%, the bond price being $900, redemption value being $1000, and 1 coupon annually. The YTM based on what the firm promised is 2.55%. However, based on what the investors expect after the lenders and the firm agreed to lower the payments the YTM became 1.80%. The expected YTM is lower than the YTM investors were actually promised. a. The initial price is calculated as P=$705.46, with [n=20, I/Y=8, PMT=50, FV=1000]. The price in the next period would be P=$793.29, with [n=19, I/Y=7, PMT=50, FV=1000]. Therefore the HPR is 19.53% calculated as, [{50+(793.29-705.46)}/705.46] c. The 6% coupon bond performed better than the zero coupon bond in either case, when the interest rose or when they fell. This is probably due to the fact that the 6% coupon bond has a higher convexity. This shows that whenever we compare the change in yields of bonds by equal amounts as is in this question, the bond with higher convexity will always outperform the one with lower convexity. The duration was approximately equal but the convexity of both the bonds were different in this example which is always positive implies that the convexity effect always favors the higher convexity bond. d. Such a scenario where the bonds would be priced at the same yield to maturity if the rates changed in equal amounts cannot exist. No investor would buy a bond with a lower convexity as it always underperform the higher convexity bond. The price of the lower convexity bond will be low with a high YTM, which means that the higher yield is to compensate the investor for investing in a lower convextiy bond. The top-down method of security valuation is approach used
Tuesday, August 13, 2019
Indian Family Essay Example | Topics and Well Written Essays - 500 words
Indian Family - Essay Example Here, it is clear that regardless of who will ultimately dominate the seed (which here is the child) the field is the mother and the father, being the tender of the field owns the wife. The wife is his field to do with as he see fit but he must always remember that the seed will only be as good as the field has been tended. The field not only refers to the woman but to her womb. The womb, like a field is where something is harvested. Meaning, on a field, vegetables and grains are harvested and in a womb, a child is harvested. The child is the seed in the womb of a mother and ultimately takes great priority over the womb, meaning the mother. Ultimately it is clear that the wife and mother rank lowest. Indeed, it is women who rank lowest in the system of life and ironically they are the givers of it. Women are viewed as vacant fields waiting to be planted by their owner/husbands. When there is a relationship between the husband and wife without infidelity, the seed (or child) will be at its' best. Thus it is somewhat difficult to see how the womb or seed would win where there is obviously no contest between the two. It is apparent that the seed, or the man wins every time and that this is not to be seen as the weakness of a woman but rather her glory.
Monday, August 12, 2019
Comparisons of Athenian and Spartan Governments Essay
Comparisons of Athenian and Spartan Governments - Essay Example There were two prominent cities in ancient Greece that possess distinct and contrasting governmental systems. Athens and Sparta were the two most powerful city states then and their influence, especially in the field of governance, was widespread in the region. Since the two states have different systems of government, both are worth studying and comparing for the purpose of deriving ideas and lessons on modern states should be run. Spartaââ¬â¢s government has often been construed as similar to the modern autocracy. This impression is brought about by the structure of the government itself. At the helm are the Ephors who were elected yearly by the people. The Ephors were composed of five individuals who did not belong to the royalty. They enjoyed unlimited power when it comes to executing the laws of the state. Due to the blanket authority that the Ephors practiced and also because of their small number, the Spartan government may at best be considered as an oligarchy. Oligarchy l iterally means the rule of a few. However, it must be noted that while the Ephors may have unlimited power and while they may be on top of the governmental hierarchy, they could not actually monopolize political power for several reasons. First of all, being an Ephor is not a birthright and it is also not a position that one can held on to for life. As pointed out, there is a clear length of time that an individual can rule as part of a collective, which is one year. An election would be held every year, which means that an individual may no longer retain his seat as Ephor. The thought of becoming an ordinary citizen after a year of being on societyââ¬â¢s highest power structure might discourage an individual Ephor from committing abuses. Since the rule is collective in essence, there was already a degree of check and balance from within the ranks of the five Ephors. If the Spartans are not satisfied with the way the Ephors are managing the affairs of the state or with how they a re treating the citizens, they would just wait for the next elections and the individual Ephors could be subjected to removal or replacement. Under such setup, it is clear that autocracy may not be the most accurate term to describe Spartaââ¬â¢s government. An oligarchy, notwithstanding the fact that it is just for a year, may be the best description. While the Ephors controlled all the executive functions of the Spartan government, there was also the Council of Elders, which may be considered as the equivalent of the senate. The Council of Elders was composed of 28 members who are aged 60 and above. The age requirement definitely borne out of the belief that oneââ¬â¢s life experience is reflective of his wisdom. Aside from the 28, the Council of Elders also includes the two kings who, upon the increased powers of the Ephors, have been relegated to figureheads and their only actual governmental function was to become part of the Council. The Council of Elders is responsible fo r making the laws as well as deciding on important issues that affect the state and society. However, whatever decision that the Council of Elders arrive at would not be deemed as a final governmental policy unless this has been approved by the General Assembly. The General Assembly was composed of all male citizens with ages 30 and above. This much larger body, however, ââ¬Å"did not debate but only voted on the issues put before it by the Council of El
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