Dbq U S History Section 2

During the 1600’s many ideas and values affected the political, economic, and social development of the New England colonies (specifically from 1630 through the 1660’s) . The puritains had a close kinship, for example â€Å"working as one man†, and entertaining eachother in brotherly affection. The Puritans were a significant grouping of English Protestants in the 16th and 17th centuries. Puritanism in this sense was founded by some Marian exiles from the clergy shortly after the accession of Elizabeth I of England in 1558, as an activist movement within the Church of England. The designation â€Å"Puritan† is often incorrectly used, notably based on the assumption that hedonism and Puritanism are antonyms: Historically, the word was used to characterize the Protestant group as extremists similar to the Cathari of France, and according to Thomas Fuller in his Church History dated back to 1564, Archbishop Matthew Parker of that time used it and â€Å"precisian† with the sense of modern â€Å"stickler†. They were blocked from changing the system from within, but their views were taken by the emigration of congregations to the Netherlands and later New England, and by evangelical clergy to Ireland and later into Wales, and were spread into lay society by preaching and parts of the educational system, particularly certain colleges of the University of Cambridge. Initially, Puritans were mainly concerned with religious matters, rather than politics or social matters. They took on distinctive views on clerical dress and in opposition to the episcopal system, particularly after the 1619 conclusions of the Synod of Dort were resisted by the English bishops. They largely adopted Sabbatarian views in the 17th century, and were influenced by millennialism. The main influences to the new England colonies were that puritans Stressed education, which meant formation of schools such as Harvard to train ministers. Also, Motivation for success, it was â€Å"God's will† that the New England colonies flourish. Third, a diverse working class, farmers as well as artisans, created from families that immigrated instead of just young men who settled Jamestown. Fourth, democratic values, which meant, town hall meetings, which began with the Puritans, Fifth separation of church and state, which was one of the first issues that tore at Puritan society. And lastly, the first forms of rebellion, leading to the independence of the United States. One of the most dominant Puritanical beliefs that still lingers, to a large extent, was its categorization of God. Simply put, the Puritans had a very demonizing view of the divine and the role of humans within such a scheme. The Puritans believed strongly in original sin, and to this extent, ended up ensuring that humans never deviated from the belief that they were naturally sinful. Such a belief ended up affecting New England, and all of America to a degree, with a challenging view of God. On one hand, individuals sought to believe in redemption because of the democratic experience that they had inherited, a political system that stressed the idea of â€Å"forming a more perfect union† and trying to â€Å"get it right.    Yet, this was opposite of the Puritan point of view regarding spirituality where God was proverbially unhappy with individuals regardless of acts. Both were set on a collision course by the Puritans, revealing a division in how individuals viewed themselves and the world. What the Puritans did in Massachusetts was embodied by all of the New England Colonies, resulti ng in a very paradoxical view of religion and a conflict, to a certain extent, in the New England Colonies.

Fpi Assignment

Executive Summary The report is regarding to the knowledge of analyzing the accounting data of a listed company, using the various accounting information that provided to identify and examine the competitiveness and efficiency of the listed company. Besides, in order to examine the reliability of the data provided, analysis of the balance sheet and income statement is required. The financial information can be obtained from the annual reports of Harbour-Link Group Berhad.In addition, the report is required to include the top-down approach which consists of Economic analysis, Industry analysis and Fundamental analysis to analyze the listed company in the point of view for investors. Table of Content 1. Introduction 1. Objectives 2. Analysis of the statement of financial position, the statement of financial performance and cash flow statement. 1. Financial Analysis ratio: Asset efficiency ratio Capital Structure ratio Liquidity Ratio Profitability Ratio Share Price 3. Economic Analysis 4. Industry Analysis . Conclusion 6. Findings 7. References Introduction In this report, Harbour-Link Group Berhad is chosen among the listed companies. Harbour-Link Group Berhad is an investment holding company which provides shipping, forwarding and transportation, plant and machinery hiring, and engineering contract services primarily in Malaysia and Singapore. Harbour-Link Group Berhad was founded in the year of 1975 and it is based in Bintulu, Sarawak, Malaysia. It was officially listed on Bursa Malaysia Securities Berhad in the year of 2004.Today, Harbour-Link Group’s success lies in its strong foundation of expertise in the industry and its ability to established the company as a reputable brand-name within the shipping, sea freight forwarding and transportation industries. Objectives 1. To identify the sources of funds, Balance Sheet and profit or loss of the Harbour-Link Group Berhad. 2. To analyze accounting data of Harbour-Link Group Berhad to examine its financia l performance using Financial Performance Indicators (ratio analysis) 3.To analyze the economy status, competitors within the same industries and evaluate the operating efficiencies of the listed company. 4. To examine the competitiveness and efficiency of the listed company by using the various accounting information provided. Financial Analysis Financial analysis ratios are used to examine the financial performance of a company in which it will be reflected in the ratios calculated. (Giles et al, 1994, p. 371) Asset efficiency Ratios Asset turnover ratio From the data calculated, the asset turnover ratio for the financial year of 2008, 2009 and 2010 are 109. 9%, 92. 12% and 79. 65%. This indicates that the Harbour-Link Group Berhad is not doing well in the sales of the products or services because the asset turnover ratio is decreasing from year to year. Debtor turnover (in days) Debtor turnover is the debtor collection period of a company. Harbour-Link Group Berhad had a debtor t urnover of 73 days in the year of 2008. In the year of 2009, the debtor turnover is 77 days. However, its debtor turnover is decreased to 71 days. This reflects that the possibility of default risk for the debtors is decreasing.In fact, this is a good thing in a company. Inventory Turnover Inventory turnover measures how many times the company can sell through its inventory for each year. In the year of 2008, Harbour-Link Group has an inventory turnover of 163 times. The turnover increased to 212 times in the financial year of 2009 but the inventory turnover decreased to 127 times in the year of 2010. This reflects that the company can sell better in the year of 2009 but it dropped tremendously in the year of 2010. Capital structure Ratio Debt to equity ratioThe debt to equity ratio of Harbour-link Group Berhad is decreasing from the year of 2008 to 2010 by 2%. This is caused by the reducing of total liabilities and the increasing of the total equity. Time interest earned The times- interest-earned ratio allows a lender to evaluate the company’s ability to meet its debt obligation. It is a ratio of the earning before interest and tax over the interest expenses. The time interest earned has a slightly increased from the year of 2008 to year 2009 but it has a greater decrease in ratio amount from the year of 2009 to year 2010.This means that in the year of 2010, Harbour-Link Group Berhad have lesser earnings are available to meet the interest payments and this makes the company to be more vulnerable to the increases in the interest rates. Liquidity Ratios Liquidity ratio is the ratio that is used to examine the liquidity of a company. It includes: Current Ratio Current ratio is the ratio of current assets to current liabilities. Harbour-link Group Berhad has it current ratio decreasing from the year of 2008 to 2010. Its current ratios are 1. 90, 1. 76 and 1. 57 respectively. The ratio is decreased by 14% and 19%.The data is calculated as shown in the findi ngs. Liquid Ratio Liquid ratio is the ratio of (current assets-inventory) to (current liabilities-bank overdraft). Harbour-Link Group Berhad has borrowings so there is bank overdraft existed and that’s why it is classifies as a debt financing organization. The company has a higher liquid ratio of 2. 34 in the year of 2010 compared to the year of 2008 and 2009 which is 1. 88 and 1. 75 respectively. The liquid ratio of the 3 financial years exceeded 1 and this indicates that the current assets are greater than the current liabilities.Higher liquid ratio reflects better performance of the company. Net working Capital Net working capital is the difference between current assets and the current liabilities. In the three financial years, Harbour-Link Group Berhad has the highest net working capital of RM 51. 4 million in the year of 2008. The figure of net working capital for Harbour-link Group Berhad decreased in the year of 2009 and 2010 by 0. 43% and 12. 32% respectively. This s hows that there is a drastic drop in the net working capital of year 2010. Profitability Ratios EBIT to total funds ratioEBIT to total funds ratio of Harbour-Link Group Berhad is decreasing in the range of 22% from the financial year of 2008 to 2009 and 21. 4% from the financial year of 2009 to 2010. The total funds consist of shareholders’ funds and borrowings. According to the annual report, Harbour-Link Group Berhad is practicing debt-financing to raise funds because there is borrowing existed. Return on Equity (ROE) Harbour-link Group shows a decrease in net income from year 2008 to 2010. This situation leads to the decrease in the return on equity (ROE) of 5%.In the financial year of 2010, it has the ROE of 0. 08 which indicates that for every RM1 of the capital that the shareholder invested into, they will get 8% of return. Return on Assets The return on assets measures the productivity of assets in terms of the level of profits each dollar of assets generates. (Karen D . H, 2004, p. 131) The return on assets of the Harbour-Link Group Berhad is decreasing from the financial year of 2008 to 2010. It decreased from 8% of year 2008 to 7% in the year of 2009 and then 5% in the year of 2010.This implies that the productivity of the company’s assets is not doing well in terms of profits that the assets generated. Net Profit Margin The net profit margin is the ratio of net profit after tax to the total revenues. In the financial year of 2008 and 2009, Harbour-Link Group Berhad has the net profit margin figure of 8%. It indicates that the company has a net income of RM0. 08 for each RM1 of sales. However, the net profit margin for the year of 2010 decreased by 2% which is only 6% in the financial year. This shows that for every RM1 of sales made by the company in year 2010, the net income is only RM0. 6 which is RM0. 02 lower than the previous year. Share Price Price to Earnings Ratio (P/E) Price to Earning ratio is calculated by using the share pri ce of the year 2010 over the earnings per share. The market price of Harbour-Link Group Berhad was amounted to RM 0. 72 in the year of 2010. From the annual report of the financial year of 2010, the earning per share is RM 0. 11. By using the formulae, the price to earning per share of 2010 is calculated as shown in the table with a figure of RM 6. 825. Current Economic Analysis Roots of Global financial crisisGlobal financial crisis are usually caused by bad regulation of the banking sectors, failure of fiscal and monetary policy implemented and so forth. In the year of 2008, Financial crisis began with the declared of bankruptcy of Lehman Brothers Holdings Inc. which is the fourth largest investment bank in United States. It was a severe ongoing world financial problem that began in U. S in the year of 2008. This recession has entirely hitting on the fragile global economy with the tremendous devastation in countries all around the world. The U.S government was trying to point the finger of the financial crisis to the rating agencies, who knew about the great risk that was coming but kept giving high reliability ratings to companies that did not deserve them and thus investors invested in the wrong companies. The cause of the bankruptcy of Lehman Brothers Holdings Inc was the accumulation of debt and the increasing of loan defaults. Why it evolved into a world crisis The news on bankruptcy of Lehman Brothers Company led to the drastic fall in the share price all over the world.The company had billions of dollars losses incurred in the mortgage market of United States. (BBC NEWS, 16th Sept 2008) In Lehman Brothers’ case and the other investment banks, the problem was provoked by 2 major factors which are the very high level of leverage ratio and the dependence on short-term debt financing. Commercial banks cannot leverage their equity more than 15 to 1 as they are regulated but for Lehman Brothers Company, it had a leverage ratio of more than 30 to 1. According to the table 1, Lehman Brothers had only $3. 30 of equity for every $100 of loans. With this ratio, it makes the company to be insolvent.Conversely, the instability arose from the leverage problem was aggravated by the strong reliance on the short term debt. Based on table 1(Lehman Brothers Liabilities and shareholder’s equity), at the beginning of the crisis, the company financed greater than 50% of the assets. Reliance on short term debt financing is profitable indeed when it comes to a low interest rate market environment. However, when the company faced rumors of the insolvency problem, the short term lenders will start to have doubt on the company’s performance and therefore, they will start to withdraw their funds from the company for self interest protection.This scenario will lead to a shortage of liquidity for the borrower and thus the company tends to default. After the crisis began, Lehman Brothers did try to decrease its leverage and reduce its de pendence on the short term borrowing but it was too late for them to amend the situation and therefore, bankruptcy occurred. The bankruptcy of Lehman’s brother forced the reassessment of risk in the market by looking at the price of the credit default trades. Impact on Malaysia and world economies The crisis started in the year of 2008 had a great hit on Malaysia and world economies.It causes the gas price had a drastic drop, decreasing of the value of real estates, the increasing of unemployment rate, Federal debt crisis and inflation. There is a global explosion in commodities price. The price of crude oil was remaining at high levels for few years till the end of 2008, the crude oil price dropped from the peak in July 2008 of US$145 to US$30. 28 per barrel in December 2008. (Forbes, 2008) According to the findings in table 2, the unemployment rate of Malaysia increased by 3. 13% from the year of 2008 to 2009 and 12. 12% from the year of 2009 to 2010.Malaysian future econom ic At first, Malaysia was aiming to have 9% of average annual Growth Domestic Product (GDP) until 2020. Suddenly, according to the Economic Planning Unit, the government noted that the number is absurd then they changed and told that Malaysia was capable to achieve 5. 4% of Growth Domestic Product (GDP) annually over the next 10 years to achieve the objective of becoming a high income economy by 2020, which is the vision 2020 (East Asia Forum, 2009). These seem that Malaysia’s economic future is uncertainty. It keeps changing.Besides, Malaysia’s government has a close relationship with its private businesses. Because of the relationship with some business groups have ostensibly led to the emergence of political cronies with unlimited access to public resources. Not only the relationship that mention above but also the experience of neighbouring Indonesia shows that it is a dangerous trend that could negatively affect economic development in the future. In this matter, changes in political leadership led to unstable political environment. Although it does not directly effect on Malaysia, it threatens he influx of refugees caused damage regional stability and social stability. Malaysia's maritime economy can be defined as the production and manner of use of the range of goods and services that are linked to the maritime sector (Abdul Aziz Abdul Rahman, 1997). It covers the activities that are resource based, including fisheries, oil and gas, marine biotechnology and those that are service based such as shipping ports, shipbuilding and repair and the myriad range of ancillary maritime services (Maritime Institute of Malaysia,2005).Malaysia's main concern is the future of marine economy of the future of Malaysian trade, because the country's foreign and domestic trade, or even almost totally dependent on sea transport facilities. From this we can know that it will have a very bright prospect in maritime economy. If Malaysia is to achieve the goals of industrialization, productivity-driven growth and enhancing competitiveness will depend on how the maritime sector is managed. The maritime sector has a main role to play in enhancing productivity-driven growth. An important element that will affect efforts to sustain international competitiveness is productivity.But, for longer term, Malaysia will need to maintain its international competitiveness, since there is rising competition from other emerging markets for Foreign Direct Investments (FDIs) and for the transfer of modern technologies. Environmental issues are also important for Malaysia in the longer term as deforestation and global climate change may destabilize the country's agriculture, which still plays an important role in the national economy. What is the most important is the political will effect a change to system-centred thinking in planning the future of the economy. So, a stable political environment is very important to Malaysia.If the political environment of M alaysia is good, it will have a bright future of economy. Solutions to the Global Financial Crisis or crises in general. Banks and financial institutions can cause a downswing of an economy because of their ignorance of the business cycle. Besides, bankers are greedy with the fat bonuses that they will gain if they get the highest market shares results. When the economy is doing well, they expect that there will be no recession problem is going to occur and therefore they will give loans to their customers without considering their customers’ affordability to repay the loans.Once their customers cannot afford to repay the loans, recession will occurs. To overcome these crisis problems, several steps can be used. Government and bankers often intervene to smooth the peaks and valleys of the economic cycle. There are two objectives that the government and bankers can do to prevent serious downswing of an economy. 1) Speedy intervention to prevent a self-perpetuating downward spi ral, which means protecting depositors at minimal long term cost to the taxpayer.For example, the Federal reserve may restrict the money supply in good times to slow the expansion phase of the economic cycle, or deficit spend and cut interest rates to ease the recessionary phase of an economic cycle. 2) Ensure so far as possible that future booms are less exaggerated. This has implications for the form of any rescue package, and for the system of financial oversight that is put in place. The growth of consumer credits will increase the consumption of the consumer. The increase in the consumption will increase the aggregate demand of the country whereby AD equals to C + I + G + (X-M). Mc Taggart et al, 2007 p. 766). When the AD is increasing, it means that GDP is also increasing. This shows that the consumer credits provided will also be increased and therefore people will keep on borrowing money from the banks for consumption. This situation actually can amplify the business cycle a nd extend the upswing of the economy. Industry analysis The domestic and the world economy were in a downturn in the year of 2009. All the industry was affected and they are making an effort to maintain their previous performance and growth momentum. In the year of 2009, Harbour-Link Group Berhad suffered revenue declined by 5. 9% to RM 327. 6 million. The revenue decreased again by 5. 76% to RM 308. 7 million compare to the previous year due to lower selling prices and softer consumer demand. One of the Company competitors, Swee Joo Berhad was also suffered by achieved a turnover of RM 346. 7 million which is 9. 9% lower than the previous financial period. The lower turnover was also impacted by the recovery state for the economy. Swee Joo Berhad has a reduce in current ratio from 0. 648 to 0. 278 which seems to be lower than that of the Harbour-Link Group Berhad and therefore Harbour-link seems to have a better current ratio.Swee Joo Berhad has a negative figure for its Earnings b efore interest and tax of -11. 32 million and -176. 82 million in the year of 2009 and 2010. This is a huge loss for the company. It shows that Harbour-Link has a better performance than its major competitor, Swee Joo Berhad. Although the economy showed signs of recovery, but most of the economists hold that the sustained global recovery is still vague. This situation greatly influenced the consumers spending behavior. According to the Edge, Harbour-Link Unit obtained the secured contracts of RM75. 2 to supply gantry cranes for the Bintulu Port Sdn Bhd.The contracts were expected to be done in the year of 2012 and it’s also expected to escalate the future revenue and earnings positively for Harbour-Link Group Berhad. (The Edge, 11 April 2011) There are several ways for the companies to perform better during this hard period. However, the suppliers are also important causes which will affect the company performance. Although Harbour-Link Group Berhad suffered lower revenue dur ing the year, however, it obtained quite a number of big projects with a favorable amount of contracts worth which is believed to boost the revenues for the future of the company itself.This scenario will assist Harbour-Link Group Berhad to create a stronger visibility and allow it to be well positioned for the economic recovery. Findings [pic] Table 1 shows Lehman Brothers Liabilities and Shareholders’ Equity Source: Lehman Annual Reports |Year |Unemployment Rate |Percentage Change | |2006 |3. 60 | | |2007 |3. 50 |-2. 78% | |2008 |3. 20 |-8. 7% | |2009 |3. 30 |3. 13% | |2010 |3. 50 |12. 12% | Table 2 shows the unemployment rate in Malaysia Source: CIA World Factbook Conclusion In conclusion, although the Harbour-Link Group Berhad has a downturn in its overall performances in the financial year of 2009 and 2010 as the results shown in the findings, but it has a better performance than its main competitor, Swee Joo Berhad in the shipping industries.The Harbour-Link Group Berha d is overall well organized in its financial statements as shown in the annual reports and it can be categorized as a profitable and successful listed company in Malaysia. On the perspective of investors, Harbour-link is counted as a good investment company and therefore investors are advised to consider Harbour-link Group Berhad as one of their investment company because the company has a good expectation to have a huge increase in its future economic benefits.The future economy of Malaysia is expected to have a good return and therefore this ensure that Harbour-Link Group Berhad is a wise investment for the future benefits. References Abdul Aziz Abdul Rahman, 1997, The Maritime Economy of Malaysia, Pelanduk Publication BBC News, 16 September 2008, http://news. bbc. co. uk/2/hi/business/7615931. stm Bursa Malaysia 2010- Equities, Bursa Malaysia Berhad, viewed on 26 April 2011 http://www. bursamalaysia. com/website/bm/market_information/prices/ East Asia Forum, Malaysia’s Eco nomic Future, view on 1 May 2011, http://www. eastasiaforum. org/2009/11/24/malaysias-economic-future/Encyclopedia of the Nations, Malaysia- Future Trends, viewed on 2 May 2011, http://www. nationsencyclopedia. com/economies/Asia-and-the-Pacific/Malaysia-FUTURE-TRENDS. html Forbes 2008- Crude Oil Prices 1861 – 2009, Forbes. com 2010, viewed on28 April 2011, http://www. forbes. com/2008/05/13/oil-prices-1861-today-real-vs-nominal_flash2. html Giles, R & Capel, J 1994, Finance and accounting, 3rd Edition, MacMillan, London Harbour-Link Group Berhad 2011, harbour. com. my; Total Logistics &EPCC Provider N. V 2009&2010, Harbour-Link Group Berhad, viewed on 22 April 2011, http://www. harbour. om. my/ Karen D. Halpern, 2004, Understanding Finance: Money, Capital and investments, Pearson, New Jersey. Maritime Institute of Malaysia, Malaysia and Port Competitiveness, 2005 Mc Taggart et al, 2007, Macroeconomics, 5th Edition, Pearson, Australia The Edge Financial Daily, 11 April 2011 v iewed on 24 April 2011. http://www. theedgemalaysia. com/ The Star Online 2011- Market watch, Star Publications (M) Berhad, viewed on 24 April 2011, http://biz. thestar. com. my/marketwatch/charts/l. asp? code=2062~HARBOUR&p1=0. 99&p2=0. 985&p3=0. 99&p4=0. 985&p5=0. 99&p6=0&p7=0. 00&p8=915&p9=0. 532

The monetary and fiscal policy implemented in the United States during Essay

The monetary and fiscal policy implemented in the United States during the Great Recession and determine the short run and long - Essay Example These subjects affect all players in the economy. In addition, some concepts will be explored and discussed in relation with the depression. II. Crowding Out The concept of crowding out pertains to the increase in government borrowing leading to reduction in consumption and investments (Blanchard, 2008). When the government decides to bolster spending, the best ways to raise funds are increased taxes and borrowing. In periods when depression is imminent, raising taxes is not a practical strategy. Government will have a hard time convincing the labour force to pay more taxes when community prices continue to rise and jobs become hard to maintain. The logical approach for the government to raise funds is to borrow through treasury bills, sovereign bonds and loans. The proceeds from these activities can used to pump the economy and stabilise spending among all entities. The immediate impact of crowding out can be observed in the investments. When the government borrows, there is a possi bility that the interest rates will increase. As interest rates go up, the capacity of private investors to borrow decreases. High interest rates discourage investors to venture in activities that require massive funding. Aside from increasing the interest rate, government borrowing also create problems for companies to borrow from other channels. For instance, when a sovereign bond and a corporate bond are floated debt investors will have to decide which investment would sense (Blanchard, 2008). Governments compete with companies for funds and such hampers any expansion firms have in their pipeline. Some economists would argue that government borrowing is critical during times of depression. The inability of the private sector to sustain growth creates problems for the government (Spencer and Yohe, 1970). Long-term effects of crowding out appear to be beneficial in many ways. More funds in the public sector means spending for infrastructure and other aspects that could aid business es. Also, the government could start handing out jobs to individuals affected by companies filing for bankruptcy and downsizing firms. When used the right way, government borrowing can fuel lagging economies and facilitate the revival of private investments and consumption. III. Ricardian Equivalence Theory The main proponents of the Ricardian Equivalence theory suggest that consumer will not change even if the government decides to increase taxes. The theory also states that the method in which governments finance their spending has to impact on the overall demand in the market (Barro, 1979). In times of recession and even especially during depression, governments are pressured to spend more. Since businesses start to slow down and consumer spending could also lag, revenue from taxes is expected to be reduced. To cover for the possible budget deficit governments could resort to borrow from available channels. Even if the borrowings will continue to rise, the level of consumption an d overall demand will remain the same. According to Buchanan (1976), however, there are several aspects that were not considered when the theory was formulated. There is a difference in perspectives when dealing with borrowing and raising taxes. In addition, the promoters of the theory failed to recognise the varying opinion of the consumers when taxes are increased. Some households value their savings and considered their extra assets as insurance for their families’

Collage Essay Example | Topics and Well Written Essays - 1000 words

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Components of a business plan - Essay Example As a result, companies can find easier alternatives to satisfy the customer needs. Consumers are motivated by this extra service that the company provides to them increasing their trust with the manufacturer. Over the past few decades, there has been an increased desire for organizations to have personal interactions with customers. Major organizations find ways to reach out to the client in delivery form. American Delivery Department provides them with the opportunity to fulfill their objectives. ADD, will deliver those company products which cannot make it up to their clients. This market gap has initiated the formation of the ADD Company. Due to many customers that are served by the similar institutions, they cannot reach them in person and will have to hire other firms such as ADD on their behalf. Furthermore, companies nowadays are in the need to find customer response concerning their products so that they can evaluate where to improve their production, a desire that ADD will offer as an extra sales services to the respective organizations. Due to the serious nature of the industry to proffer such services, ADD organization has a market opportunity that will ensure productivity. The population is increasing by the day those results in increased customers to many companies. Due to problems of reaching all the customers, ADD will be hired by most organizations to oversee the service delivery. Our costs are relatively small that will attract major customers for our services. American Delivery Department, therefore, has already market that will increase its sales leading to high revenues. Though, competition is stiff in the industry, the organization majorly targets average and small organizations that market leaders are not concerned about. The company will be assured henceforth to make an impact on the market and become a force to other rival

In sociocultural terms, Rodgers and Hammerstein could be said to have Essay

In sociocultural terms, Rodgers and Hammerstein could be said to have invented the American Dream. Discuss - Essay Example Richards Rodgers and Oscar Hammerstein II reflect upon the dream and keeping in mind the transition of American people and the nation, they worked together to make this dream come true in their musicals.   American Dream is a collective imagination that proves the existence of a world where the people’s identity would be finally realized and then the dreams would inspire each and everyone to live peacefully. In socio-cultural terms, Rodgers and Hammerstein could be said to have invented the American Dream. The development of American identity by the musical theatre has been exemplary. American dream is something very intent but superficial because of the fact that it can only be assumed in this century.   In the year 1940, a new Theatre Guild musical produced Away We Go! This was Rodgers’ and Hammerstein’s first work. Oscar Hammerstein II was a lyricist and together they created this musical that the audience found boring, serious and old-fashioned. But they made some changes in the same musical and also changed its name to Oklahoma! This development of the musical now found a new approach towards the audience and it was liked by all. The people were facing a difficult time because of the cold war and this musical provided relief and unburdened their problems with enchanting songs, like ‘ people will say we are in love,’ ‘the Surrey With the Fringe on Top,’ ‘Many a New Day,’ ‘Out of My Dreams,’ ‘Kansas City,â₠¬â„¢ ‘I Can’t Say No,’ ‘Oklahoma!’,etc. (Zinsser, 180). In socio-cultural terms, Rodgers and Hammerstein have invented the American dream because of their musical that had an awesome effect on the people living in 1940s. The musical had to be understood and felt by the audience in order to relate to the behavior of the characters that had a cultural context in the musical. This musical earned praises

Day Care Feasibility Essay Example | Topics and Well Written Essays - 1000 words

Day Care Feasibility - Essay Example As the paper declares along with reducing absenteeism, on site service would give employees with children a greater sense of well being by having the children nearby. It would raise the morale of the workers and that would almost certainly translate to increased production. Being near their children would also relieve a great amount of worry and allow workers to concentrate on their work without being distracted. This discussion stresses that adequate day care is an obstacle to many parents wishing to enter the workforce. By offering company-sponsored daycare we will open our doors for high quality workers that would otherwise be reluctant or unable to work due to child care concerns. Our company would then be in a better position to compete for these dedicated workers. The importance of quality child care would also insure greater retention of our current employees. A recent study by economists at Bowdoin College pointed out the popularity and practicality of company sponsored day care. They conducted a study during a period when the unemployment rate was low and employers were having a hard time employing and retaining quality workers. They found that the added attraction of on site care not only attracted a higher quality and more dedicated workforce, but they were also able to compete for those workers at a cost savings on marginally lower wages. They found the savings to be substantial.

Swot Analysis of Proton Holding Berhad Essay Example for Free

Swot Analysis of Proton Holding Berhad Essay Two years later, On 9th July 1985 the Proton Saga was officially launched. It was Malaysia’s first domestically produced car and is still sold in Malaysia and other countries today. The original factory plant, covering 99,400 sq m, is situated at Shah Alam near Kuala Lumpur in central Malaysia. The site also houses an engine and transmission factory, a castings plant, RD centre and a semi-high speed test track. The factory is currently producing 240,000 units per annum. Opened in 2005, a state of the art assembly plant was constructed at Tanjung Malim, 60 miles north of Kuala Lumpur. This area has been named Proton City and consists of 500 hectare site containing the factory, plant, housing, a university and other commercial buildings to accommodate component suppliers. This plant produces the three newest model ranges, the GEN-2, Savvy and Satria Neo. Proton’s total workplace in Malaysia totals just over 6,000 personnel working in all areas of vehicle design, RD, production and manufacturing. With a solid base built up since 1983, Malaysia’s car manufacturing industry is progressing rapidly. Proton tool a major step forward in upgrading its engineering capabilities when it acquired a share in Lotus are closely involved in Proton’s new model development, with a team of engineers permenantly based at the design and development centre in Malaysia. The Company has come a long way since 1983, PROTON was publicly listed on the Kuala Lumpur stock Exchange in 1992, and today, Proton cars are exported to mor than 50 countries worldwide. Key export markets include Australia, Singappore, the far East and the UK, where during 2009 it celebrates 20 years in the market place. Since 1989, Proton Cars (UK) Ltd have been offering the British public reliable value for money vehicles. With each new model, Proton have improved and set new standards, earning a loyal group of customers, some of whom have recently purchased their 8th Proton vehicle.

Terms and Definitions in International Business

Terms and Definitions in International Business Question 1 Section A: Standard deviation is the positive square root of the variance. E.g. if 217.4 is gotten as the variance from a given distribution, it then implies that the standard deviation will be 14.7 by applying the square root on the variance score of 217.4. Mean-is the arithmetic average of a set of scores in a distribution. The average of the scores; 8, 9,10,11,12 is 10 which means summation of all the scores (x) divided by the total number of elements (n), which gives 10. Hypothesis this is an assumption of statement which may not be true concerning one or more population. E.g. a hypothesis to test the ability of trained employee is better or higher than that of an untrained employee in a company. Continuous variable are those variable that assume a continuum of values within the range of its observed lowest and highest values. This means that the values in the range are infinitely close to one another, and uncountable. E.g. heights of human beings temperature of a room, volume of water in tank, weights of people, etc. while categorical variable is a random variable that takes only a discontinuous set of values. It takes only specific values within a set of range of values that are countable. E.g. number of persons in a household, no of days on sick leave, scores recorded to the nearest hall mark. Bivariate research design A bivariate research is defined as the type of study which tries to look at the causal relationship between two variables under investigation Variable label and variable value variable label can be explained in words what variable represent while variable value is a set of values that relates to variable. Statistic descriptive- is agenda variable to run a frequency expressed numerically. Mode is defined as the score or element that repeats or occurs most frequently in a given distribution. Theory can be define as a system of ideas in explaining something. Paradigm- is defined as a theory, statement or fact that tends to be generally acceptable by all when explaining a particular phenomenon. Face validity seeking to know the measurement strategy, like how a measure and procedure appears. Reliability and validity reliability is a degree of assessment to produce a stable tool while validity is to test measure and what it claims to measure. Random assignment proceeding based on evaluation, for instance properties knowing how the levy tax is been paid. Covariation versus causality in a relation of x and y are related in a population, e.g. When there is no relationship meaning that is non-hypothesis while causality has to do with co-variation to random which by chance. Experimental design this is some-well defined act or process that leads to single well-defined outcome .e.g. tossing a coin to see whether heads or tails comes up, opening a book at random and noting the first word on the right hand page, etc. Measurement- finding a number that shows the size and amount of something. Spurious relationships is a calculation related to two events or variable that has no frequent interval of connections. Probabilistic statement this is a statistical statement made for the chance or likelihood of event occurance over the others. E.g. someone may say that girls can perform home chores than the boys. Descriptive statistic this is the aspect of statistic that studies a body of statistical data and no generalisation is made from the result obtained. E.g. collection of data classification of data, drawing of histogram. Polygons statistical graphs and charts. Deterministic statement: A deterministic statement is defined as that aspect of research which tries to look at the causal relationship between variables in which the occurrence or the degree of relationship between the variables occur with high sense of certainty. Question 2 Section B: (A) This is the guide line: In a typical research settings or statistical activities, Independent variable in a layman language could mean that which can change to give result to a particular thing and that is what is called Dependent Variable. There is a probability or likelihood that a relationship will exist between 2 variables; Example: A) Persons Education: X) voters turn out Here is a relationship between Independent Variable A) which is Persons Education and X) Dependent Variable which is Voters Turnout. This is because a persons education can influence people coming out to vote base on their perception about election because educated people know the power of vote. So the probability is that the election outcome would be more positive. If we look into this issue from another perspective it is possible that educated people might not take part in politics because they do not like politics and political activities. (B)Nations economic health (x) and a political revolution. There is an intimate relationship between economy and revolution. In this section economy is an independent variable while revolution is a dependent variable. The probability is that if the economy is weak X, it would affect the Y and the people would go for revolution in order to change the existing set up because of their dissatisfaction. On the other hand if we look into the issue from a deterministic lens it would come into our minds that if the economy is strong the people would have no reason for revolution because they would be satisfied. (C)Candidates height (X) and election outcome (Y). The probability in this case is that X would affect Y because people like tall people than short one. But if we look from another position it would not appear the same because if someone is short it would not mean that he would not get any vote because it is not only height which does matter. Second Part: (2): This question first of all tries to look at whether or not it is possible to conduct an experimental research by a researcher under the prevailing variables. A) An individual level of religiosity (x) his or her preference for different political candidates. In this situation, conducting an experimental research is quite unlikely especially as it involves this two variables, an individual’s level of religiosity and his/her preference for different political candidates based on the following reasons: Conducting an experiment involves the ability of the researcher to be able to manipulate and control his variables, in which it is very difficult to conduct experiment because one cannot effectively manage, control and manipulate an individual’s level of religiosity. Another reason why conducting an experimental research tends to be problematic is based on the idea that individual’s views and opinions are dynamic and not static, therefore one cannot count on that as a pretext to vote. One illuminating factor that affects experimental research is the presence of a spurious variable which individual’s adopt in the process of conducting elections for example similar ideology, individual’s personal interest could also count and not necessarily religion. (b). Military Service X and Attitudes towards foreign policy. In this situation, conducting an experimental research is quite likely. In doing this, the researcher will randomly defined and assign values on his variables as thus: Treatment group: This group involves the use of manipulation and control by the researcher in which he expose them to military service which would invariably affect their attiudes towards foreign policy Control group: This group will not be controlled and manipulated by the researcher. After assigning these values between the control and treatment group, it is quite likely that the researcher has conducted experiments on his variables and the group that has been exposed will react differently towards foreign policy than the group that has not been exposed. (c) Exposure to negative news X and Political Apathy Y Under this, having an experimental researcher is also possible when the researcher divides his population into both: Treatment Group: It comprises the group that the researcher will control by exposing them to negative political news. Control Group: It comprises the group that the researcher will not be under the purview or control of the researcher. After randomly assigning this values to this two groups, it will become evident that the group exposed to negative news will likely develop political apathy than the group that has not been exposed. D) A speakers personal characteristics (x) persuasiveness. In this situation, it is difficult for experiment to work largely due to the fact that: Human beings and their views are not static but are subject to change at any given point in time. The challenge of control and manipulation of the variable to the researcher is also problematic. Other confounding variable may lead to persuasion rather than a speaker’s personal characteristics. Question 3 Section C: Conceptualizing and Operationalizing Terms: In this first step, the researcher will define his variable conceptually and operationally. Conceptual definition means the literal or library definition whereas operational definition refers to the applicability of the term (s) in my research. Peace and justice are two interrelated ideas. It is clear to most of us that in order to achieve peace we are supposed to ensure justice and vice versa. A peace without justice would not be a sustainable one. Conceptually speaking peace means a condition where you are secured by every mean or in other words you are no longer disturbed. If we look into this operationally then it means peace is the state of society where you will not find violence in the streets and there will be no threat to your life. According to Oxford dictionary justice means’’ the state of being fair’’. If we look into this word operationally it carries different meaning to different people but the best definition is that if the social contract is monitored fairly by the authority then we can say that justice is there. In my work peace would be an independent variable X while justice would be a dependent variable Y. 2. Developing a Methodological discourse or Agenda: The second step is for the researcher to develop a methodology that will explain how the study will go about its research, whether qualitative or quantitative method. In order to prove the relationship between two variable I would collect empirical data from various sources. My work will give an understanding to the readers that whether Peace causes justice or not. 3. Generating a Hypothesis: By hypothesis it involves the use of hypothetical statements that will reject or approve the earlier established theory about the subject under investigation. The next aspect is for the researcher to develop a hypothesis that will test his variables, in order to approve or disprove the theories and it is divided as thus: H1- peace brings justice H2- peace does not bring justice Reviewing relevant related literature about the state of the art: Reviewing the works of other scholars about the subject the researcher is investigating is the next phase of the study. The next phase is to develop a literature review about the sublects under investigating such as: Literature Review on Peace- According to Tim Sisk who defines peace as a step-by- step reciprocal moves to build confidence, resolve gnarly issues such as disarmament, and carefully define the future through the design of new institution. According to New Testament, peace could mean the absence of conflict, as mentioned, but also either the health of body and mind or concord. Regarding the latter, peace seems an act of will of those in a conflictful situation. According to David Cortright- sees peace as a social equality. Socialists and feminists brought these issues to the fore and broadened the peace agenda to include problems of economic injustice and patriarchy. Literature Review on Justice- According to Chris a scientist, he said that justice is the act upholding the law. However, the controversy that remains and the debate that ensures has to do with what the law itself should be. According to Thrasymanchus, that justice is subjective form civilisation to another. Since the rulers can influence policy, law, and education, they can control the public perception of justice. 5. Data Analysis and Interpretations of Findings: This phase of research will try to clearly explain the findings of the research whether or not the research has been able to achieve its objective or not by testing the initial stated hypothesis. 6. Summary, Conclusions and Recommendations: This is the final phase in the research agenda, where the researcher will clearly summarize what the study is all about, draw the necessary conclusions and offer meaningful contributions or recommendations to the study. Four Hurdle Facing Researcher: The degree of causality of variable i.e Independent and Dependent variables (X Y). Every researcher is faced with the dilemma of understanding the degree of causality between his independent variable X and his dependent variable Y. Could the Dependent variable Y also cause an effect on the Independent Variable Y The second hurdle is for the researcher to be able to ascertain whether or not the dependent variable could invariably leads to a causal relationship with the independent variable Y. The degree of Covariation The third hurdle, is for the researcher to be able to determine the degree of correlation or covariation between his variables. The presence of extraneous or Z- variable. The last hurdle or dilemma faced by any researcher is the plausibility that other confounding or spurious variables tend to also serve as the possible causes in determining the degree of causality between X and Y variables which it is the responsibility of the researcher to keep that perspective in check. 1

President Bill Clinton Was Responsible For 9/11 :: essays research papers

  Ã‚  Ã‚  Ã‚  Ã‚  The Clinton administration was at fault for the 9/11 attacks. During the course of his presidency, Bill Clinton had more than a single chance to catch those responsible for the 9/11 tragedy. During his term of 8 years, Clinton had seen a fair share of terrorist attacks, all of which were quickly forgotten. Clinton not only sparked the attack on the World Trade Center, but he may very well have sparked hatred towards the United States by many of the Middle Eastern countries.   Ã‚  Ã‚  Ã‚  Ã‚  In 1993, the World Trade Center was attacked from the basement floor by a bomb in a truck. â€Å"Six people were killed, while one thousand were injured.† (A Synopsis: Clinton Set The Stage for 911) Bill Clinton, to involved with interns to investigate, did not do anything about the attack. Clinton did decide to investigate the event, only it was two years after it had happened. Now in 1995, investigators found that Usama Bin Laden had been in charge of the 1993 attack. Once the news was released about this information, the country of Sudan came to the United States telling us that they could get us Usama Bin Laden if we wanted to press charges against him. Bill Clinton was reported as saying â€Å"Usama Bin Laden is not a threat to the United States.† He was reported saying this in the year 1995, after he found out that Bin Laden was responsible for the acts. However, Clinton did take action in 1998, in which he bombed a Sudanese aspirin factory, wh ich he claimed held chemical weapons, on the eve of the Monica Lewinsky trial. This killed hundreds of innocent workers in the factory. â€Å"If any one act inspired hatred towards America, that was it.† (A Synopsis: Clinton Set the Stage for 911) With each terrorist attack, Clinton went before the American people on more than one occasion saying â€Å"those responsible would be hunted down and punished†Ã¢â‚¬  (Sept. 11: Bill Clinton‘s Ultimate Legacy) However, which each terrorist attack, Clinton backed down, showing negligence towards himself and his administration. Another example of Clinton’s lack of knowledge in foreign affairs can be seen in Iraq. After the Bush administration defeated Hussein in 1991, he ordered that UN officials be stationed in Iraq to make sure that Hussein would be incapable of creating weapons of mass destruction. Under the Clinton administration, the UN officials were told to leave immediately, leaving Hussein to create weapons at his leisure.

The New York Crystal Palace :: Architecture History

An Ode for the Inauguration of the American Crystal Palace: The nations meet, not in war, but in peace, beneath this dome. They meet to bring glory to God on high and goodwill to men. The Crystal Palace is a symbol of the might of Man. Look on, ye Nations, and vow eternal peace and justice. -William R. Wallace (New York Times, July 14, 1853) When the first major international exhibition of arts and industries was held in London in 1851, the London Crystal Palace epitomized the achievements of the entire world at a time when progress was racing forward at a speed never before known to mankind. The Great Exhibition marked the beginning of a tradition of world's fairs, which would be held in major cities all across the globe. Following the success of the London fair, it was inevitable that other nations would soon try their hand at organizing their own exhibitions. In fact, the next international fair was held only two years later, in 1853, in New York City. This fair would have its own Crystal Palace to symbolize not only the achievements of the world, but also the nationalistic pride of a relatively young nation and all that she stood for. Walt Whitman, the great American poet, wrote in "The Song of the Exposition": ... a Palace, Lofter, fairer, ampler than any yet, Earth's modern wonder, History's Seven out stripping, High rising tier on tier, with glass and iron facades, Gladdening the sun and sky - enhued in the cheerfulest hues, Bronze, lilac, robin's-egg, marine and crimson Over whose golden roof shall flaunt, beneath thy banner, Freedom. The plan for an American Crystal Palace originated with Edward Riddle, a Boston auctioneer and carriage-maker. He assembled a group of New York bankers who had either visited or heard marvelous stories about the London exhibition and were more than willing to invest in a similar project in the United States. Riddle tried but failed to interest the famed entrepreneur, P.T. Barnum, in the project. The group of investors soon petitioned the Board of Aldermen in New York City for use of Madison Square, located in lower Manhattan where Broadway and Fifth Avenue meet at 23rd Street, to build a "house of iron and steel for an Industrial Exhibition.

Distance Learning Essay -- Education Distant Learn Essays

Distance Learning "As we enter the Information Age, more and more adults from various economic and cultural backgrounds, already in the workplace, and with families are seeking to educate themselves to keep up in their careers" (Duderstadt, J., 1999). Whether that is through Higher Education, the university system, or their company's Intranet is usually dependent upon the learner. The ways that they seek to educate and re-educate themselves to stay abreast with current trends in their jobs is the topic of this paper, Distance Learning. Many of these non-traditional students are looking to advance their careers through education by non-traditional means. They may have constraints that keep them from attending a structured classroom environment. It is this population that forces Higher Education and the corporate Educational Services to rethink their approach and delivery of instruction. For example, a few days ago I was in the Securities and Loan office of Fidelity National Bank conducting a Needs Assessment on a young SPA Loan Officer Trainee. The young man, a recent graduate in Finance and Economics from Kennesaw State University, planned to enroll in the MBA program at Harvard University. That of course prompted me to ask, "How do you plan to complete a MBA at Harvard and continue your work here in Atlanta?" His reply, "I would take these courses online and meet at the school the second Saturday of every month." He then went on to say that a MBA from Harvard carries a lot of weight in this town's financial community. With new technologies and the Web, more and more Universities as distinguished as Harvard, are putting Masters and Doctorate programs online. Not only are these Universities using the Internet to p... ...orks Cited Comeaux, P. (1995, Oct.). The impact of an interactive distance learning network on classroom classroom communication. Communication Education, 44(4), 353-361. Duderstadt, J. (1999) Can colleges survive in the information age? In Dancing with the Devil. (p.4). San Francisco, Calif.: Joss-Bass Publishers. Harmon, S.W. & Hirumi, A. (1996, May). A systemic approach to the integration of interactive distance learning into education and training. Journal of Education for Business. 71 (5), 2 267-271 Retrieved September 30, 1999 from EBSCO business search on the Galileo: http://www.galileo.gsu.edu. Lohman, J. (1998, Sept.) Classrooms without walls: Three companies that took the plunge. Training and Development (52)9 38-42 Matthews, D. (1999) The origins of distance education and its use in the united states. The Journal. 54-64.

Guernica, Picasso 1937

The Spanish painter Picasso was a cubist and his worldwide famous ‘Queering' is a mural-sized flat oil painting on canvas (3. 5 meters tall and 7. 8 meters wide). It is all grey, blacks and whites and was painted in 1937. Picasso started the painting when he heard that the Germans had Just bombed the quiet and traditional Basque town of Queering on 26 April 1937 in support of the Spanish Nationalist forces of the Fascist General Franco during the Spanish Civil War.The broken sword near the bottom of the painting symbolizes the defeat of the people at the hand of their tormentors. The shape and posture of the bodies express protest, Picasso uses black, white, and grey paint to set a dark, sober mood and express pain and chaos, buildings in flames and crumbling walls not only express the destruction of Queering, but reflect the destructive power of civil war. The newspaper print used in the painting reflects how Picasso learned of the massacre and the light bulb in the painting r epresents the sun.Picasso monumental work showed the effect on both people and animals. The distorted forms and the monochromatic palette clearly show the grief of the people for example, he shows a fighter and a mother and child tit displaced features and ghost like forms along with a woman on fire running from a burning building. The fine patterns in the centre of the painting resembles words on torn pieces of newspaper, suggesting that art is as powerful as the mass media in communicating a message.Chaos and despair are amplified by sharp, angular shapes, particularly the bold triangular form at the centre of the painting and vivid contrasts of light and shade. On May 11 1937, he made the first sketch for the mural. By the tenth of May, he had already begun work on the canvas. And in early June, the mural was completed. There are about 100 recorded sketches relating to the mural, some made before Picasso started working on the canvas, and others done simultaneously with the paint ing.In some of the sketches, Picasso experimented with color. Even when the mural was almost completed, the artist stuck pieces of patterned wallpaper onto the canvas to determine the effect of color of the composition. Charcoal and oil paint were the main materials Picasso had used on his painting. Picasso had to use a ladder and a long-handled brush to reach the retest part of his artwork. An enormous size of the stretched canvas, measuring 3. 5 x 7. meters and so had to be tilted to fit under the rafters of the ceiling, and dim lighting from bay windows on one side of the studio, failed to interfere with action or progress. The painting was completed in twenty-four mad and wild days. Streams of ideas, emotions, traditions, myths, obsessions and symbols of his roots deeply surrounded in Hispanic and Mediterranean culture spilled onto the canvas. These were fuelled by anger and a need to express his pain. Queering, Picasso 1937 By cherry's

The ruling idea

Nell Dunn is a feminist writer and so like many of her kind wrote plays revolving around the livelihoods of women through solitary experiences and as groups. Steaming looks at the relationships of 6 women from different social classes, ages and living in different economic circumstances. However different these 6 women are, they are brought together by the steam baths, a communal place where only females attend. Through this close environment these women are seen gravitating towards each other and communicating openly despite their class distinction and in some cases are brought together by this fascination with the opposing class. Effectively, the barriers of their class division are being brought down by the formation of female companionships. Josie is one of the poorest characters within the play, initially she is very wary of my character Nancy, who is initially seen as her complete opposite as she derives from the upper class and is the wealthiest of all 6 women. However, towards the end of the act they are seen conversing together about men and money and it turns out that they aren't as different as their stereotypes assume them to be. We wanted to take the idea of class barriers and show how each woman, although initially different comes to appreciate these differences to find out how very similar they infact are. The way in which we used staging, set and costume was very important in embedding our ruling idea in the play and using subtle factors within these aspects to present this idea to the audience. * The first way in which we created this was through the design of the set. A simple set of 4 white blocks set in a square formation was used at the central focus to the play and was where the majority of the action occurred. In doing so we were able to create a sense of togetherness in the enclosed space where conversation was accessible to all and left none of the characters out. This achieved a sense of unity among the group but also an understanding of acceptance among characters as each individual had their own â€Å"bed† -as it were- where they could keep their personal belongings and also use the space to rest, where they would not be apart from the rest of the group. Not only this but the colour of the blocks was also significant and symbolic. White creates a sense of purity and seeing as the baths are a place of cleanliness this seemed justified and would probably be found in conventional bathhouse. However, the meaning behind this choice goes deeper. Not only is the colour meant to symbolise cleanliness of a hygienic environment but it also comes to represent purity that cannot be found in the outside world, a place of troubles and grime. * The second way we achieved this was the use of costume. On entering the baths each individual character is wearing their everyday clothes, a symbol of their individual tastes, wealth and class. The costume initially gives the audience an impression of these characteristics and can perhaps makes a judgement on them and in most cases stereotype them for example Mrs Meadows and Dawn are first seen holding cheap plastic carrier bags, slippers and quite tattered looking clothes and myself as Nancy appear in patent black shoes and pearls. These outfits were purposefully chosen due to our group interpretation but also to create this stereotype so as to enable us to enhance our reasoning behind the bathrobes. The bathrobes, like the blocks, are also white, another symbol of purity and also conventional steam room wear. Like the blocks they were used to enable each character to come from the outside world, full of problems and troubles and shed themselves of the clothes their class and wealth restrict them to. Having done so, stereotypes that society creates of them are destroyed and suddenly they all become equal despite these factors. We used the colour white for the beds and the robes in an ironic way as in actual fact, a part of what this colour is meant to represent- purity and cleanliness is far from what these women's lives actually entail. Each women is subject to cases of either domestic violence, mental disorder or divorce, all which would have been shocking to be talked about so openly on stage. * A small factor is the play but also a very significant one, which added to our ruling idea, was the use of the character Bill Bradley. Nell Dunn purposefully wrote this play without a man in it and so the character of Bill is heard shouting from somewhere in the distance, responding to Violets hassles about the corroded pipes! We used this to our advantage and made a point of really shouting at him as if he were a complete nuisance not particularly because of the pipes but because he was a man and this slotted in with the fact that each and every woman at the baths has her grievances about men. From the way Dunn wrote this play it is evident that this was his purpose, to be completely set apart from this group of women who are slowly coming closer and closer to one another.

The Human Development Index Health And Social Care Essay

Human Development Index ( HDI ) ranking of eight major economic systems of South Asia in the 2009 Human Development Report, released earlier this hebdomad, show a blue record with all states relegated to the 3rd class of medium development provinces with the planetary rankings falling in the 2nd half of the listings of 182 states. Exceeding the superior list of the South Asiatic states in 2007, the day of the month for which comprehensive information was available, was Maldives ( 95 ) , followed by Sri Lanka ( 102 ) , Bhutan ( 132 ) , India ( 134 ) , Pakistan ( 141 ) , Nepal ( 144 ) , Bangladesh ( 146 ) and Afghanistan ( 182 ) . The worst facet of the India ‘s low HDI ranking was its blue record in even a nucleus country like life anticipation. Life anticipation at birth in India was merely 63.4 old ages, which pushed it down in the last but one class, merely above Afghanistan where the life anticipation was a blue 43.6 old ages. South Asiatic states hiting above India in life anticipation included Bhutan and Bangladesh ( 65.7 old ages each ) , Pakistan ( 66.2 old ages ) , Nepal ( 66.3 old ages ) , Maldives ( 71.1 old ages ) and even the civil war hit Sri Lanka ( 74 old ages ) . India ‘s record on life anticipation is made worse by the low rates of endurance of immature individuals. The estimations show that the chance of deceasing before the age of 40 is among the highest in India, with 15.5 % of the cohort fring their lives. This is about three times the degree of mortality in Sri Lanka where merely 5.5 % of the population fail to traverse the 40-age grade. Afghanistan fared the worst where the opportunities of endurance over 40 was worst-with about 40 % of the individuals deceasing before achieving this age. What makes affairs even worse is that the chances of bettering opportunities of endurance of the younger age groups and bettering overall life anticipation may go on to be hampered by its dreamy attack to bettering kid public assistance, particularly the nutritionary degrees. A comparing of the statistics on scraggy kids in South Asia show that India ‘s record was among the worst, with 46 % of the kids scraggy, a record which was merely following to that of Bangladesh where the portion of†¦ The HDI combines three dimensions: Life anticipation at birth, as an index of population wellness and length of service Knowledge and instruction, as measured by the grownup literacy rate ( with two-thirds burdening ) and the combined primary, secondary, and third gross registration ratio ( with one-third weighting ) . Standard of life, as indicated by the natural logarithm of gross domestic merchandise per capita at buying power para.[ edit ] MethodologyThe Physical Quality of Life Index ( PQLI ) is an effort to mensurate the quality of life or wellbeing of a state. The value is the norm of three statistics: basic literacy rate, infant mortality, and life anticipation at age one, all every bit weighted on a 0 to 100 graduated table. It was developed for the Overseas Development Council in the mid-1970s by Morris David Morris, as one of a figure of steps created due to dissatisfaction with the usage of GNP as an index of development. PQLI might be regarded as an betterment but portions the general jobs of mensurating quality of life in a quantitative manner. It has besides been criticized because there is considerable convergence between infant mortality and life anticipation. The UN Human Development Index is a more widely used agencies of mensurating wellbeing. Stairss to Calculate Physical Quality of Life: 1 ) Find per centum of the population that is literate ( literacy rate ) . 2 ) Find the infant mortality rate. ( out of 1000 births ) INDEXED Infant Mortality Rate = ( 166 – infant mortality ) A- 0.625 3 ) Find the Life Expectancy. INDEXED Life Expectancy = ( Life expectancy – 42 ) A- 2.7 4 ) Physical Quality of Life = ( Literacy Rate + INDEXED Infant Mortality Rate + INDEXED Life Expectancy )_________________________________________________________________________3 The term quality of life is used to measure the general wellbeing of persons and societies. The term is used in a broad scope of contexts, including the Fieldss of international development, health care, and political relations. Quality of life should non be confused with the construct of criterion of life, which is based chiefly on income. Alternatively, standard indexs of the quality of life include non merely wealth and employment, but besides the built environment, physical and mental wellness, instruction, diversion and leisure clip, and societal belonging. [ 1 ] Harmonizing to ecological economic expert Robert Costanza: While Quality of Life ( QOL ) has long been an explicit or inexplicit policy end, equal definition and measuring have been elusive. Diverse â€Å" nonsubjective † and â€Å" subjective † indexs across a scope of subjects and graduated tables, and recent work on subjective wellbeing ( SWB ) studies and the psychological science of felicity have spurred renewed involvement. [ 2 ] Besides often related are constructs such as freedom, human rights, and felicity. However, since felicity is subjective and difficult to mensurate, other steps are by and large given precedence. It has besides been shown that felicity, every bit much as it can be measured, does non needfully increase correspondingly with the comfort that consequences from increasing income. As a consequence, criterion of life should non be taken to be a step of felicity. [ 1 ] [ 3 ] The Child Development Index ( CDI ) is an index uniting public presentation steps specific to kids – instruction, wellness and nutrition – to bring forth a mark on a graduated table of 0 to 100. A nothing mark would be the best. The higher the mark, the worse kids are doing. The Child Development Index was developed by Save the Children UK in 2008 through the parts of Terry McKinley, Director of the Centre for Development Policy and Research at the School of Oriental and African Studies ( SOAS ) , University of London, with support from Katerina Kyrili. The indexs which make up the index were chosen because they are easy available, normally understood, and clearly declarative of kid well-being. The three indexs are: Health: the under-five mortality rate ( the chance of deceasing between birth and five old ages of age, expressed as a per centum on a graduated table of 0 to 340 deceases per 1,000 unrecorded births ) . This means that a zero mark in this constituent equals an underfive mortality rate of 0 deceases per 1,000 unrecorded births, and a mark of 100 peers our upper edge of 340 deceases per 1,000 unrecorded births. The upper edge is higher than any state has of all time reached ; Niger came the closest in the ninetiess with 320 under-five deceases per 1,000 unrecorded births. Nutrition: the per centum of under fives who are reasonably or badly scraggy. The common definition of reasonably or badly scraggy, which we use here, is being below two standard divergences of the average weight for age of the mention population. Education: the per centum of primary school-age kids who are non enrolled in school. For our step of instruction want, we use the antonym of the Net Primary Enrolment rate -ie, 100 – the NER. This gives us the per centum of primary school-age kids who are non enrolled. What does the Child Development Index state us about how kids are doing around the universe? Are some states doing good advancement in bettering child wellbeing? Is it acquiring worse in other states? The Child Development Index replies these inquiries. The index measures child wellbeing over three periods from 1990. Japan is in first topographic point, hiting merely 0.4. Niger in Africa is in 137th topographic point, with the highest mark, 58, in 2000-2006. Overall, child wellbeing as improved by 34 % since 1990, but advancement isNewHuman Development Index: The HDI combines normalized steps of life anticipation, literacy, educational attainment, and GDP per capita for states worldwide. It is claimed as a standard agency of mensurating human development-a construct that, harmonizing to the United Nations Development Program ( UNDP ) , refers to the procedure of widening the options of individuals, giving them greater chances for instruction, wellness attention, income, employment, etc. The basic usage of HDI is to mensurate a state ‘s development. The HDI combines three basic dimensions: Life anticipation at birth, as an index of population wellness and length of service. Knowledge and instruction, as measured by the grownup literacy rate ( with two-thirds burdening ) and the combined primary, secondary, and third gross registration ratio ( with one-third weighting ) . Standard of life, as measured by the natural logarithm of gross domestic merchandise per capita. The Human Development Index ( HDI ) so represents the norm of the undermentioned three general indices: Life Expectancy Index ( LEI ) = ( ( LE – 25 ) / ( 85-25 ) ) Education Index ( EI ) = ( 0.667 x ALI ) + ( .334 x GEI ) ALI is Adult Literacy Rate, GEI is Gross Enrolment Index. GDP = [ log ( GDP personal computer ) -log ( 100 ) ] / [ log ( 40000 ) -log ( 100 ) ] HDI measures measure and quality and includes life anticipation, literacy, and existent GDP/capita. Objectivity is a major job with any index. HDI is no exclusion. Assignment of weights is an illustration of flightiness without justification and the HDI index is sensitive to the weights assigned. A more serious unfavorable judgment of the HDI is the weighting of each rank order of the state by 1/3 ( LEI, EI, GDP ) and summing the leaden ranking of the three indexs.OtherLAJWANTI ASWANI.53, Mukta Madhu Society, Bhairvnath, Maninagar, Ahmedabad – 08 Mobile: +91 9974100326 Electronic mail: lajwanti9 @ gmail.comCareer Objective:To run into the organisational aim, attain highs in the occupation profile provided through my accomplishments and competency in Human Resources Management and General Administration.Core CompetencesRecruitment, Head Hunting, Change Management, Performance Appraisal, Attrition Analysis, Leave Policy Formulation. As a enlisting performed full lifecycle recruiting A broad grade of creativeness, cost-efficient sourcing schemes and concern apprehension of organisation To incorporate the enlisting procedure into the overall strategic planning of the sphere staffing demands. Guide enlisting squad in managing the enlisting & A ; choice procedure in an efficient and effectual manner. Assist internal client in composing Job Descriptions and Person specifications to Fix the occupation specifications for enlisting and Job Analysis. Designation of high possible endowment, Succession direction and ManpowerProfessional ProfileSum of 7 + Old ages in Development & A ; Operations Management. HRM.Experience DetailssApril 2007 – Jul 07 One Source Tele Services Pvt. Ltd. One Source Tele Services Pvt. Ltd is taking BPO Training institute in India associated with CIL Infocity.Designation Development & A ; Operations ManagerKey DutiesOver all Achievement of Revenue Targets. Team Management – Center Head, Faculty, Counselor, Marketing and Administration Plan and Implement Academic Schedules and Batch Operations. Day to twenty-four hours operations and centre direction Plan and implement selling run. Quality confidence in daily operations and Infrastructure demand. Payment and Revenue Collection. Plan and implement Student & A ; Staff public assistance activities. Plan and implement pupil arrangement procedure. Behavior and present PDP for pupils and staff. Manpower planning and enlisting of staff. Performance assessment for Staff, Attrition Analysis. Motivating Gross saless squad to run into hebdomadal and monthly gross revenues mark. Nov 2005 – July 2006 IIHT Ltd. IIHT is taking computing machine hardware and instruction concatenation of institute in India. Designation Center HeadKey DutiesOver all Achievement of Revenue Targets. Team Management – Faculty, Counselor, Marketing and Administration Plan and Implement Academic Schedules and Batch Operations. Day to twenty-four hours operations and centre direction Plan and implement selling run. Quality confidence in daily operations and Infrastructure demand. Payment and Revenue Collection. Plan and implement R Student & A ; Staff public assistance activities. Plan and implement pupil arrangement procedure. Behavior and present PDP for pupils and staff. Manpower planning and enlisting of staff. Performance assessment for Staff, Attrition Analysis. Motivating Gross saless squad to run into hebdomadal and monthly gross revenues mark. Oct 2003 to Nov 2005 Sai Infosystem India Pvt. Ltd Sai Infosystem India Pvt. Ltd is taking ISO 9000 certified Computer Hardware Manufacturing, System Integration, and S/W Development Company of Gujarat.Designation Manager – Administration S/W Division.Key DutiesTo organize with S/W development engg positioned at S/W mill and on client location for their twenty-four hours to twenty-four hours operational demands To pull off meeting enlisting of S/W engg as per indent raised by S/W undertaking director. Organizing with HR dept. for Assorted assignment processs and certification Organizing with a/c dept. for assorted payments & A ; impress for S/W engg, sellers & A ; clients. Plan and implement accomplishment set up step preparation coders for S/W engg. Day to twenty-four hours client lovingness and ailment direction. Preparation of day-to-day hebdomadal and Monthly fiscal and operational studies. Customer feedback and satisfaction study. Organizing with Mktg dept for their demand like SRS, S/W squad, S/W undertaking etc. Quality confidence in daily operations and Infrastructure demand. Plan and implement Staff public assistance activities. Assist S/W undertaking director for public presentation assessment of S/W engg. and field engg. To organize and stand in contract domain specialist sellers. General disposal like pull offing substructure & A ; assets. Jan 2000 to Oct 2003 Divine Buds H S SchoolDesignation Teacher – ComputerKey Responsibilities To leave Computer cognition to school pupilsAcademic ProfileJuly 2006 – Dec 2006 Diploma in Human Resource Management from Ahmedabad Management Association. Aug 1995 – Jan 1998 Higher Diploma in S/W engg and S/W Management from Aptech Ahmedabad. Mar 1990 – Feb 1995 B.Sc. From Gujarat University Ahmedabad.AccomplishmentsWon the decoration for 2nd place in aptechOther Technical SkillsC. C++ , SQL, PL-SQL, Oracle, Power Objects ( 5.3 ) , Windows, Unix, Linux, Structured System Analysis & A ; Design, OOP, CIP, Client Server Applications, PPT, Advanced Object Oriented Analysis and design, Relational database System Concepts, MS – Office ( MS Word, Power Point, Excel etc ) .Personal DetailssDate of Birth: 11th March 1974 Fathers Name: Mr. Doulatram Naryandas Aswani – BusinessAvocations and Interest: Playing Chess and Reading.

Understanding Marketing Objectives Questions

Marketing objectives must be based around the corporate objectives. 3. In Chapter 1 the concept of SMART objectives was introduced. Give six examples of SMART marketing objectives. (6 marks) Increase market share by 10% within 2 years Achieve sales revenue of E 10 million within 2 years. Introduce 5 new products by 2016. Increase consumer awareness of the business by in 2016. Improve overall added value on product X by E per unit this year. Increase repeat sales to 60% within 3 years. 4. What problem might arise if a firm's marketing department ignored its corporate objectives? (4 marks)A problem that may arise if a firms marketing department ignored its corporate objectives is that a lack of coordination within the business is likely. This is because the marketing department's targets may not be clear to the other departments and when they are achieved, they may serve no use to the rest of the business as they will not correspond to the corporate objectives. 5. Analyses two reasons why a printing company would set marketing objectives. (6 marks) Two reasons why a printing company would set marketing objectives is because it allows the printing company to measure their success.This can be done by comparing their targeted figure to their actual figure. Also, a printing company would set marketing objectives to motivate employees of the marketing department. These employees can then be rewarded for their ability to achieve their targets by financial or non-financial rewards. 6. Identify and explain three internal factors that might influence a fashion retailers marketing objectives. An internal factor that might influence fashion retailers marketing objectives could be the corporate objectives. This is because the marketing objectives would aim to help achieve the corporate objectives.Due to this, the corporate objectives will influence on the targets that the marketing department can make. For example, if the corporate objectives were to raise the quality of the ir product, then the marketing department could not have the objective of lowering costs as tit would be inconsistent with the corporate objectives. Another internal factor that might influence a fashion retailers marketing objectives could be the staff available. This is because the marketing objectives will not be able to be met unless the staffs have the capability to achieve them.For example, if the marketing objectives were to improve their products quality, the staff available may not have the necessary training or skills In order to actually achieve this objective. Finally, the last internal factor that might influence a fashion retailer's marketing objectives could be the departments finances. This is because the marketing department will be limited to the objectives that they can make based on whether they can actually afford to achieve their objective. If they do not have the necessary finances to achieve their objective then the objective was not SMART as it wasn't realis tic. . Identify and explain three external factors that might influence a fashion retailer's marketing objectives. An external factor that might influence a fashion retailer's marketing objectives might be the needs or wants Of the consumers. This is because, especially with fashion, the wants of the consumer are always changing. Therefore, the department must always be dynamic with their decisions to make sure that they meet these needs and wants of the consumers. When setting objectives, the marketing department must also be dynamic with their sections.This is because when consumer wants change, the marketing objectives will be influenced. For example, if the wants of the consumer change to lower quality and lower priced clothing, then if the marketing department had the objective of raising quality, then they would have a reduction in demand as the demand is moving elsewhere in an always changing market. Another external factor that might influence a fashion retailers marketing o bjectives could be changes in the economy. This is because the economy will decide on how much money people have to spend.If people have less to Penn then the customer numbers for a fashion retailer would fall because expensive fashion is not necessarily a need. Finally, the last External factor that might influence a fashion retailer's marketing objectives could be the actions of competitors. This is because their actions will have an impact on a company's sales and customers. As fashion is a very competitive market, the actions of more competitors are likely to have a larger impact on sales and customers. [f the fashion retailer's objectives are based around these, they can be heavily influenced by competition.

Introduction to Business Essay Example | Topics and Well Written Essays - 250 words - 7

Introduction to Business - Essay Example This implies that Potz’s assets are more likely to be converted into cash beforehand to that of the Wannabees. It is therefore believed that Potz possess lesser risk to the banks and thus suits more to their requirements to pay-off the loan. (Brigham, 1985) The calculations of the acid test ratio have only confirmed our opinion. It can be observed from the calculations above that Wannabee has too much cash entrapped in inventories which takes time to liquidate. (Brigham, 1985) On the other hand Potz, whose acid-test ratio is 5.7 times larger than that of the Wannabees, is more likely to attract the bank due to its ability to liquefy itself. Therefore, it is expected that the Potz is more likely to receive the loan due to its capacity to turn its assets into cash, which can be reflected in the calculations of their acid-test ratio. Despite the fact that liquidity plays an important role in the bank’s decision to grant the loan but one cannot ignore the impact of the profitability, efficiency and leverage ratios in the process. However, if the best decision is to be based on the ratios given in the exercise then Potz is likely to succeed in the

112 paper Term Example | Topics and Well Written Essays - 1250 words

112 - Term Paper Example Through research, the paper reveals every bit of each influential factor and ranks them in accordance to their ability to influence and shape consumer behavior. In its defense, the paper takes into consideration material presentation in class, debates on consumer behavior, and independent but logical reasoning. Subjective and objective aspects revolving around influential factors like the mind map subjects, acted like a guide in formulating logical reasoning on the subject matter. The research findings revealed that all the mentioned situational factors had an influence on consumer behavior either directly or indirectly. However, the degree of influence depended upon environmental, judgmental, prior information on the product, and tastes and preferences. The research ranks the situational factors basing on personal experience and may not necessary follow the same order in other circumstances or with other individuals. According to research findings published in the International Journal of Business and Behavioral Sciences, consumer behavior is the incorporation of emotional, mental, and physical human capabilities in marketing (Jeddi et al., 2013). Through the combined synergy, behavior can be traced in product selection, purchase, use and disposal of products and services. For the synergy to bear fruits, it requires active involvement of cultural, situational, social, personal, and psychological factors. The paper discusses the mentioned factors and ranks them in accordance to their degree of influence on consumer purchasing behavior. The essay provides a vivid description on how hierarchy of influential factors plays a critical role in customers when purchasing products. To establish the connection between these factors, it is important to relate them and see how ne affects the other, and find out if they are dependent on each other. Through such an understanding, it can be easy for organizations to link human emotions and actions o their business

Paper-11 Essay Example | Topics and Well Written Essays - 500 words

Paper-11 - Essay Example However, there is a recent paradigm shift in the perception and treatment of apotemnophilia, due to the increasing number of people who manage to get amputated in hospitals merely for this, or in cases where they fail, amputate themselves. If one could consider apotemnophilia in similar terms as gender identity crisis where transgender people feel trapped in the wrong body, the overtly sexual aspect attached to this condition could be warded off, so as to bring in a pragmatic approach to deal with it. Dr. Robert Smith, who had carried out a few controversial amputations on apotemnophiles who claimed to be happy with their changed physical selves, even considers it as a neurophysical disorder with biological roots. However, the ethical issues related to performing an amputation of a perfectly healthy limb of a patient have invited a lot of debate. It remains to be seen whether it can be seen as similar to sex reassignment surgeries. In the present circumstances in which people suffering from this disorder are taken into serious consideration, the incidence of amputations catering to apotemnophiles may increase drastically in the years to come. The after effects of such surgeries can be far reaching and unique. In the c ase of sex reassignment surgery, the patients may not have to undergo as much practical difficulties in life as in the case of an apotemnophile who would manage to get an amputation as s/he desires. Living without a limb calls for many related issues, and may leave the patients dependant on others for the rest of their lives. The fact that they would consider this situation desirable may make the issue complex, but one has to make sure whether they can be seen the better judges on the matter. If apotemnophilia happens to be a sexual disorder similar to pedophilia or necromancy, it has to be kept in check for the greater common

Banking Regulation and Risks Coursework Example | Topics and Well Written Essays - 750 words

Banking Regulation and Risks - Coursework Example One of the reasons for increased leverage generating value for banks is that increased leverage increases the savings from cost of capital obtained from debt funds due to the tax code and subsidized government guarantees. ROE= Net Income/Shareholders Equity ROE can be decomposed to classify the financial drivers of value creation in a company. This is known as DuPont analysis. ROE= Return on assets*leverage Or, ROE= (Net Income/assets)*(assets/shareholders equity) Or, ROE= (Net Income/Revenue)*(Revenue/assets)*(Assets/Shareholders’ Equity) Or, ROE= Net Profit Margin*Asset Turnover*Leverage Thus the three components of ROE is net profit margin, asset turnover ratio and gearing ratio or leverage. The profit margin states the amount of profit made by a bank from its operations. The asset turnover ratio states that how efficient a bank is in using the assets it owns and determines the revenue generated by the bank from its assets. Asset turnover ratio has an inverse relationship w ith net profit margin. The gearing ratio measures the financial leverage and states that how the bank finances the assets it holds, i.e. the amount of assets per pound of shareholders’ equity investment in the bank. Assets are financed by shareholders’ equity and by creditors, and a higher ratio indicates that the bank is getting more finance from the creditors. Thus greater gearing ratio leads to rise in ROE. Illustration: Consider the following data- Revenue= ?29,261millions Net Income= ?4,212millions Assets= ?27,987millions Shareholders’ Equity= ?13,572millions Net profit margin= Net Income/Revenue= ?4,212millions/?29,261millions= 0.1439=14.39% Asset Turnover= Revenue/Assets= ?29,261millions/?27,987millions=1.0455 Leverage=Assets/Shareholders’ equity= ?27,987millions/?13,572millions= 2.0621 ROE= 0.1439*1.0455*2.0621= 0.3102 = 31.02% ROE of 31.02% to a bank is a good indicator of growth. Still, if a bank decides to not to take leverage so as to become d ebt-free, then the ROE drop to 15.04%. Even if a bank decides to assume less leverage than the current, ROE will decrease. Thus, from the above illustration it can be said that ROE can be improved through leverage, i.e. leverage is important for the rise and improvement of ROE. Answer 2. Northern Rock, the UK Bank was the most high-profile casualty of the credit crisis of 2007, as in September 2007 the bank suffered run from its depositors. Northern Rock Building Society, a British Bank was formed in 1997 when the society floated on the London Stock Exchange. The bank specialized in mortgage business, and 90% of the assets of the bank were residential mortgages. Rise in growth, profitability and market value was noticed in the bank’s performance since 2001. The shareholders of the bank were benefitted and the management informed that the business model of the bank was effective in bringing about cost control, high quality asset growth, and competitive products with innovative products and transparency. The following graph summarizes the key growth rates for the years 2001-2006. Source: suerf.org, 2009. The huge gap between risk-weighted assets and total assets made by the extensive regulatory arbitrage raised questions in respect to the quality of assets held by the bank. Due to the aggressive policy of Northern Rock, the bank ended up with a leverage to be the highest in the European sector but the capital that was to serve as a cushion against