Thursday, September 3, 2020

Manufacturing Case Study Essay Example for Free

Assembling Case Study Essay Presentation Before an assembling procedure can be chosen to fabricate a segment numerous things should be thought of. The plan of the item, the usefulness, the administration conditions and the properties of the material all have a major influence while considering the assembling procedure. This examination sees Polypropylene Chairs utilized for the most part for instruction purposes. It gives data that clarifies the motivation behind a seat; the necessities of this specific item and the assembling procedure that delivers the last part. To comprehend why this kind of seat is produced using polypropylene the peruser first needs to comprehend the premise of any seat. A seat is a raised surface for a solitary individual to be situated. Most of seats are created with the standard four legs yet it’s the plan of the seat and its planned utilize that takes most thought. The utilization of the seat will decide the structure and the material utilized. For instance; is the seat to be utilized at a work area or for sitting at a feasting table to eat? The users’ weight should be uniformly appropriated over the seat to give comfort while situated. In the event that the seat is to be utilized for significant stretches of seating, at that point it is gainful for the seat to be marginally leaned back, which will bolster the people back more and expel the weight from different pieces of the body. On the off chance that a seat is excessively high, at that point shorter individuals will have their feet dangling, causing pressure on the knees; while lower seats cause distress to the rump. Segment One Taking a gander at the necessities of this kind of seat we can see it isn't the most agreeable seat available yet then these seats are not utilized for extensive stretches of sitting. They are for the most part utilized inside flasks, medical clinics, libraries and schools for short sitting periods; implying that they are mass created. Because of the measure of seats that are made there is a necessity to keep the creation cost low. They are extreme seats that can arrive in an assortment of hues, can be utilized in or outside and have the upside of having the option to stack away; sparing space. The seat is required to hold an assortment of individuals with a scope of body weight and tallness so they are required to be steady, solid strong and withstand development while being lightweight. This style of plastic seat is made of a thermoplastic polymer called Polypropylene (PP). It is a thermoplastic that has a two dimensional structure. The plastic can be mollified by heat and reused. The material is created by the polymerisation of polymer particles into exceptionally long chains. The material is a â€Å"semi-crystalline strong with great physical, mechanical and warm properties†. The properties of PP in its fluid state are characterized by the length and expansiveness of the polymer chains that structure during the procedure. When PP is in its strong express the properties depend on how much crystalline and indistinct locale structures from those chains. [Karian, Ph.D., Harutun G, Handbook of Polypropylene and Polypropylene Composites, 1999, New York, NY, USA, Pg 15] FIG 1. Case of the chain of Isotactic polypropylene PP is semi-crystalline; implying that it contains little precious stones and material that is undefined and Isotactic. The chains are firmly pressed together and the measure of van der Walls holding is at a most extreme, making the material solid as a strong article. The polymer chains decide the heaviness of the material and the precious stones inside the chains decide how thick the material can be and thusly this will affect on how much warming is required to shape the material. â€Å"The crystallisability of the chains is one factor that decides how thick the crystallites will be and the thickness of the crystallites decides how much warmth vitality is required to liquefy them†. [Karian, Ph.D., Harutun G, Handbook of Polypropylene and Polypropylene Composites, 1999, New York, NY, USA, Pg 17] PP is firm, with a low thickness. It has great protection from effect and exhaustion, brilliant substance obstruction, a high warmth opposition and a phenomenal dampness boundary. Having great basic trademark s makes PP a valuable material for unbending items. PP has a decent harmony between its physical and compound properties. Because of the high form shrinkage of PP it is hard to accomplish close resiliences but since the material is extreme, strong and has a high protection from stress breaking it decreases the requirement for close resistances. Having an extremely low thickness of 0.90g/cm^3; an ease for each volume; a wide adaptability with regards to plan and it additionally being recyclable makes PP an appealing development material. PP has the upside of having the option to frame high volume, complex shapes at a generally ease. When utilizing CES programming and contrasting the cost against the crack strength it gives the client every single known material. Utilizing the cutoff work and applying a Young’s modulus of 2GPa and a base elasticity of 40MPa Fig 2 Materials dependent on Price against Tensile Strength The seats are made of PP in light of the fact that the material is cheap, simple to spotless, lightweight and sturdy. The material can be extreme and adaptable with a high malleable and compressive quality. The principle reason that this material functions admirably when fabricating these seats is down to the exact control of the effect quality, they do respond when presented to warm implying that they hold their shape and give great properties inside the human condition, particularly when in an outside situation. Area 2 Polypropylene is most usually produced utilizing expulsion, or infusion shaping. Expulsion permits amazingly huge clusters of uniform cross sectional shape things to be created. Hot expulsion is the point at which the polymer is warmed first to make it progressively pliable, and afterward ‘pushed’ through a pass on. Pieces caused utilizing expulsion to have an amazingly high caliber of surface get done with, which means they don't require completing after assembling. [pic] FIG 3. Expulsion Process Infusion shaping is accomplished by dissolving the polymer in a barrel, and afterward driving or infusing it into a form. Some infusion shaping machines are screw taken care of. As the piece cools, it contracts marginally in the form. This can cause item abandons particularly if the shape is ineffectively planned. It takes into consideration the creation of precisely molded pieces. At the point when the piece is expelled from the shape, it will have a form line called a ‘parting line’ where the shape closes on it, and regularly will be set apart by the ejector pin with a little circle. In the event that the maker doesn't need these imprints on their item, at that point it will require post-make completing, yet in any case the completion is of a generally exclusive expectation. FIG 4. Infusion Molding Process A few seats could be produced utilizing expulsion, on the off chance that they were a level ‘L’ shape for instance. Anyway most seats are molded for ergonomic and basic reasons, and would require a progressively precise assembling process. This would be infusion forming, as thick swaggers can be remembered for the structure to help the quality of the seat, and an agreeable dunk can be molded into the rear of the seat to make it additionally speaking to the client. As seats of this nature are intended for a wide scope of clients, and in light of strength, the material is required to be genuinely thick to suit this need. This would slow the assembling procedure with infusion forming as it would take each piece longer to cool, and along these lines a more drawn out hold up is required before the piece can be expelled from the shape. The thickness of the piece would have little impact on an expelled item, as the bite the dust can be made whatever size is wanted. The heaviness of the seat would have small bearing on make in both of these strategies, aside from the measure of material required. For a cluster of 1000, expulsion would be an astounding procedure, as enough material for the entire clump can be liquefied and pushed through the bite the dust, and the pieces cut from the area after expulsion. Huge clusters can be delivered rapidly along these lines. Infusion embellishment would take longer, as each piece must be made exclusively, except if the shape is planned with a few seats in, each associated by a ‘strut’ of waste item. This builds the measure of waste material, and the underlying set up costs because of the form structure, and a bigger machine being required. Area 3 There are numerous variables to consider while framing a segment from composite. Inability to consider these variables can radically change the material properties and this thusly could prompt an unacceptable segment. A polymer network for the composite is a magnificent base; their material properties as of now give numerous ideal traits, for example, high consumption opposition and low thickness. The presentation of an optional strengthening operator will give a synergetic impact to the mechanical properties of the material permitting a superior part. One of the elements that are basically significant in the creation of a composite is the configuration of the optional stage; it is a key factor to the materials properties of the segment. There are three for the most part utilized structures for the strengthening of auxiliary stages; these are long/short strands, or particles. Long filaments, otherwise called consistent strands, are strands that are layered in strips or woven into an example along a hub. The filaments by and large comprise of an a lot more grounded material than the polymer network; as such the strands take an a lot more prominent burden contrasted with the polymer framework. This takes into account a material with much better burden bearing properties. The expanded capacity to take load depends on the course of the strands. When bearing burden, the best mechanical properties are gotten toward the filaments. There are a wide range of directions utilized by strands, situating the filaments a single explicit way is frequently utilized when the heading of the for

Tuesday, August 25, 2020

World War Two caused America to reluctantly abandon the policy of Isolationism Essay Example

World War Two made America hesitantly relinquish the approach of Isolationism Paper I have blended emotions about whether World War Two spelt the finish of US Isolationism. I accept that somewhat this time was the least Isolationist the US had ever been, nonetheless, as I would see it American interests consistently engaged worldwide regardless of certain presidents neutralist international strategies. Churchill needed the United States associated with the war, straightforwardly looking for a battling occurrence that would carry the unbiased country into the contention. On August 4, 1941, Churchill and Roosevelt met just because, in the wake of comparing for a long time. The Atlantic Charter was one aftereffect of their gathering; another was the start of a profound individual kinship. They shared a few regular qualities: both originated from world class foundations, both were aristocrats, and both considered their to be as law based aristocrats. Churchill came back to England and told his War Cabinet that Roosevelt would take up arms however would not announce it. The episode Churchill required happened on September 4, 1941, when the USS Greer, on a mail rush to Iceland, was associated with a battling occurrence with a German U-vessel. In his ensuing location to the country, FDR would in general mutilate the established truths, utilizing the event to start unlimited convoying and a constrained, protective maritime war. At that point on October 31, 1941, a German U-vessel torpedoed a U.S. transport. This flagged what was to be the finish of American lack of bias. The shelling of Pearl Harbor in December, 1941, denoted the clear finish of American neutrality in useful terms. We will compose a custom paper test on World War Two made America hesitantly relinquish the strategy of Isolationism explicitly for you for just $16.38 $13.9/page Request now We will compose a custom article test on World War Two made America hesitantly desert the approach of Isolationism explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer We will compose a custom exposition test on World War Two made America hesitantly desert the arrangement of Isolationism explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer During the war, the U.S. sent soldiers to Asia, Africa and Europe. After the wars end, the leftovers of the League of Nations re-framed as the United Nations, and this time the United States was up front. Under the Truman Doctrine, American monetary and military guide went to countries compromised by socialism. The Marshall Plan rebuilded Europe and the Cold War made an American military nearness abroad an inevitable end product for the following 50 years. Roosevelt didn't live long enough to see the war unfurl however subsequent to pronouncing war he out of nowhere kicked the bucket of a cerebrum discharge. Roosevelt was supplanted by Harry Truman. The US had stayed away from war in World War One due to numerous elements financial reasons and general conclusion being the most significant ones. Anyway by 1945 things had changed and Truman viewed the war as a splendid chance. Fuelled by German Hatred after the occasions of Pearl Harbor, Truman had the general population on his side. He had the support of Congress and his very own perspectives that the US required war as a monetary chance (selling weapons) and his motto to make the world safe for vote based system. (Safe from German Imperialism.) With these positive factors the US entered a war of chances. Abroad, World War II stopped American noninterference. In the spring of 1945, the US joined agents from 50 countries in marking the sanction for a lasting United Nations, a year prior to the International Monetary Fund and World Bank were built up to advance financial participation among countries. Be that as it may, the greatest test confronting the United States in the after war world was the souring of relations with the Soviet Union because of that countrys mastery of Eastern Europe and backing of socialist revolts far and wide. As a feature of the push to contain the Soviet spread and to restore the economies of Western Europe, the United States propelled the European Recovery Program (typically known as the Marshall Plan,) which emptied $13 billion of help into the area. Likewise, the US received a strategy of regulation, supporting non-socialist territories at risk for infringement. Consequently, when the Soviet Union barred every single surface course into Berlin, the US and Britain propelled the Berlin Airlift, providing the western segments of the city via air. We do need to address anyway whether the US was genuinely Isolationist. It would have been oblivious for any president to disregard world issues as though there was an open door for intercession then the US may have had the option to profit by a circumstance and increase additional grounds. All things considered, crude materials in the US couldn't keep going for ever. As I would see it Truman had no aim of staying Isolationist for the World War, regardless of his political decision promise of US Isolationism. All through the war he provided Britain with advances and battling gear also s expanding the US armed forces and Navies and supporting the Ententes bar of Germany. World War Two was a significant purpose of progress for the US. Starting now and into the foreseeable future they saw it their obligation to mediate in world issues (world police officer) since they were the universes most persuasive force, and after all could profit with the picking up of land and assets from specific nations. Take for instance the ongoing war in Iraq, a nation where the US is presently increasing significant measures of oil from. Despite the fact that the US job as a world cop is probably world based, as I would see it this isn't the situation. Take for instance occasions after world war two. There have been significant wars in Vietnam and in Iraq, however these were just achieved in view of dangers to the US nation. Without a doubt the US are hesitant to engage in any war which has no impact on them. Vietnam was achieved by American dread of Communism, and wars in Iraq in light of its important assets and the psychological oppression assaults of September the eleventh. During the Cold War, a few Americans contended that the nation ought to pull back from the United Nations; yet the Cold War, as an energetic and ideological campaign, shielded those voices from accepting across the board support. Today, the United States government and military is whatever word would best depict the extraordinary inverse of neutralist. As I would see it this is the manner by which they have in every case subtly been. US interests were consistently across the board; its simply that when World War Two showed up the US were monetarily and socially prepared to build up a world job. The breakout of war gave an ideal chance/pardon for the US to move away from its Isolationist picture. The Challenge to Isolationism. 1. What was FDRs prompt reaction to the episode of war in Europe? Roosevelt was reappointed by the US open on the guarantee that he would keep the US out of World War Two. Anyway he before long understood that war in Europe could prompt war in America thus upheld the associated arrangement of submission to guarantee harmony. Roosevelt needed to plan America for the most exceedingly awful however. He accepted the security of Europe was pivotal to the security of America. He had the option to convince Congress to affirm the Naval Expansion Act permitting a 20% increment in the US naval force. In 1939, he got an extra $525 million for air barrier. Toward the beginning of the Second World War, be that as it may, the American armed force still just numbered 185,000. 2. Did a dominant part of the US open and government officials favor noninterference in the early months of the war? 3. What enactment was remembered for the Neutrality Act of 4/11/39? During the 1930s, US popular supposition just as a few Senators scrutinized the legitimacy of US contribution in the Great War. The conviction turned out to be progressively regular that the country was deluded into participating in this ridiculous clash by Allied purposeful publicity and to serve the premiums of benefit parched investors and industrialists. The finishes of the Nye Committee in 1934, entrusted with researching the unreasonable benefits made by the war combat hardware industry, strengthened the antiwar position of the American individuals and settles the countrys noninterventionist strategy. As a response to Germanys re-weapon, and to forestall any US inclusion in a potential European war, the US Congress casted a ballot the Neutrality Act, marked by President Franklin D. Roosevelt on August 31, 1935. The Act restricts exchange military material with warring nations and travel by US nationals on ships having a place with warring nations. It was altered in 1936 to preclude credits to warring nations, and afterward in January and March 1937 to incorporate common wars. Toward the start of WWII, the likelihood that Great Britain could be vanquished is genuine and the developing Nazi danger is a reason for dread. Roosevelt understands that the Neutrality Act forces limitations on conceivable US activities; alterations will be embraced to reduce the enactments scope. Providing countries at war will be approved on the money and convey rule. President proclaims territory around British Isles a battle zone in November 1939, and credits of military material will be conceivable on a land-rent understanding. Outline of Neutrality Act of 1939; This demonstration annuls the arms ban and substitutes a strategy of money and convey; precludes United States vessels and residents from entering battle zones; builds up the National Munitions Control made out of the Secretaries of States, Treasury, War, Navy, and Commerce. 4. What effect did Hitlers fruitful Blitzkrieg have on American perspectives? The speed with which the German armed force overran Western Europe stunned the American open. By June 1940, the Nazis were in charge of Norway, Denmark, Holland, Belgium and France. Through the late spring and fall the Battle of Britain was battled with Britain and its domain remaining solitary against the Nazi danger. The communicates of writer Ed Murrow from London during the Blitz did a lot to convey to Americans the force of the battle taking spots, and this prompted cries from the US open for American mediation in the war.

Saturday, August 22, 2020

Definition Essay Sample on Love What Is for Me

Definition Essay Sample on Love What Is for Me What is love? A large number of logicians invested a lot of energy in this subject, however none of them figured out how to give a worthy reaction. Words seemed, by all accounts, to be excessively crude to explane this one of a kind inclination. What I can say precisely is that each individual comprehends the importance of adoration in their individual way. Also, it is senseless to sum up any of these implications! For instance the manner in which I comprehend the job of adoration in my life is unique; be that as it may, anyone can say the equivalent. By the way I dont have faith in any tests in magazines on account of their dull speculation. Were all extraordinary, our emotions are unique, they cannot be placed in any limitations. I recollect that someone once said that individuals call LOVE two totally various emotions. Attacks a cushion, envy, clashes every one of that implies I need you have a place just with me. In any case, the correct importance of adoration is I need you to be upbeat! Furthermore, in the event that you think that way, there isâ really no distinction, regardless of whether you are along with your darling or not. It is difficult, gracious yes! In any case, such love is light.

Discuss Changing Family Structures in the Uk and Give Examples of Sociological Theories That Provide Explanations as to Why and How Families Have Changed.

Talk about changing family structures in the UK and give instances of sociological hypotheses that give clarifications with respect to why and how families have changed. This article will talk about the different family structures in the public arena. It will give hypothetical clarification with respect to why and how families have changed. The exposition will likewise bring factual, verifiable and political proof to back up the purpose behind these changes. During the pre-modern culture the ‘extended family’ was the most widely recognized family structure.This family structure includes three ages including the guardians, kids and either the grandparents (vertical-broadened) or uncles and aunties (on a level plane expanded). The more distant family structure was basic for this general public as families were a ‘unit of production’ so they required the same number of laborers as they could get. Michael Anderson (1971) contended that in ‘critical life si tuations’ there was a reliance on the more distant family for help and backing. At that point Parsons (1949) said huge families were monetarily helpful, so the more distant family was the most fit structure.However, during in the mechanical unrest family life changed. It was no longer observed as a ‘unit of production’ yet now a ‘unit of consumption’. The ‘nuclear family’ developed and turned into the fundamental family structure. Be that as it may, the more distant family may become well known again as in our present society individuals are living longer and state financing on private consideration has diminished so this has moved the consideration and duty onto the family. Likewise, there has been an expansion in Multi-generational families. ‘The prior period of youngster bearing lessening the age hole between generations’ (Fulcher and Scott, 2011: 446)The ‘nuclear family’ comprised of two ages, the mother, fa ther and their kids. Parsons (1949) contended that industrialisation brought about a move from the more distant family to the family unit, as its qualities are progressively run of the mill for an entrepreneur society. Parsons (1956) accepted that you should move where there is work and that you should just take your close family with you not every person. This is the reason family units were increasingly helpful as it was simpler to move for work with simply your prompt amily. With the mechanical upheaval and the development of free enterprise, creation was not, at this point did by relatives, however by laborers. Open strategies were set up during 1940-1970, for example, the government assistance state, which was intended to help family jobs (provider and caring mother). From that point forward there has been noteworthy changes in open arrangements, for example, the separation change act (1967), the premature birth act (1967), the equivalent compensation act (1970), the sex segreg ation act (1975) and maternity leave was introduced.This gave ladies more opportunity and more open doors particularly inside work and way of life decisions. This lead to social change; delay of marriage and childbearing, the quantity of separations in England and Wales expanded from 6,000 of every 1938 to more than 48,000 out of 1968, and in 1960 the ripeness rate was 2. 72%, dropping to 1. 93% in 1998. Because of these fast increments in separate from dwelling together has gotten increasingly ideal for couples as there are no legitimate ties, the couple can perceive how it goes before settling on any significant choices, for example, marriage.Also couples may wed later as weddings are costly and they don’t have the cash to bear the cost of one because of the downturn, anyway living with one another sets aside cash. This was the fair and instructive transformation and the time of the family unit. Nonetheless, with new strategies set up and such significant social change, fro m the 1970s onwards it turned into the ‘post-mechanical society’ and the ascent of post-innovation. This general public brought new family structures, and units that were recently seen as inadmissible became acceptable.Since the separation change act (1967) divorces have quickly expanded bringing about numerous re-relationships, presenting the reconstituted nuclear family. This family incorporates youngsters that live with one organic parent and a stage parent. These families may likewise incorporate advance/relatives and sisters. Separation has likewise implied there are a lot progressively single-parent families. This is a family structure where just one parent deals with the youngsters. This can be because of birth outside of marriage, separation and passing or detainment of a partner.Murray (1990) would contend that the ascent in single parent families is because of the underclass and bastard families. Young men without fathers are insufficiently mingled and donâ₠¬â„¢t have a male good example. At the point when they have their own youngsters they wont have a comprehension of a ‘dad’ job, so this may bring about them being missing in the child’s life and partition from the spouse/accomplice. Marx (1848) would contend that the breakdown of marriage is because of the contention that the industrialist society is making and this is influencing relationships.Feminist, Delphy (1977) contends that the abuse of women’s work is established in ‘the residential method of production’ inside the family unit, not in the entrepreneur method of creation. ‘Men hold an unrivaled situation inside the household method of creation and adventure ladies through marriage’ (Fulcher and Scott, 2011: 435). This misuse could make struggle and abusive behavior at home may happen bringing about partition/separate. Ultimately, a few people accuse single-parent families for the tolerance of the sexual revolution.Jeffrey Weeks (1989) accepts that post-war changes in private enterprise has prompted another delight looking for demeanor in females, which brought about sexual conduct as a wellspring of joy rather a methods for delivering youngsters. This can identify with why there are such huge numbers of single-parent families headed by ladies from births outside marriage. At last the latest sort of family structure is ‘same sex families’. This includes a gay couple (gay or lesbian) that deal with youngsters. This is the freshest nuclear family as the common association law was just passed in 2004.Since then 45,000 have been shaped up until 2010. Gay couples have been evident for quite a while anyway as of late have the perspectives towards them become increasingly worthy bringing about the common association law. Beck (1992) says this is a result of individualisation; individuals are structuring their lives dependent on their own decision not desires. Additionally, individuals have altog ether different mentalities currently to beforehand ever, so homosexuality is all the more generally acknowledged. All in all, family structures are continually changing and there will never be just one type.Family structures will in general base around fitting the kind of society there in. Approaches can increment or lessening certain family structures. For instance the separation change act (1967) expanded single parent and reconstituted families and diminished the family unit. Additionally new family structures, same sex families have been presented in view of approaches and change in mentalities. There might be new family structures later on as society advances. References-Fulcher, J. what's more, Scott, J. (2011) Sociology. Oxford: Oxford University Press.

Friday, August 21, 2020

Core Mountain Man Brewing Company Bringing the Brand Free Essays

Center Marketing Mountain Man Brewing Company Bringing the Brand to Light 1. Review Mountain Man Brewing Company (MMBC, or the Client) is a family-run business in West Virginia that has encountered a lot of development since propelling its lead premium lager Mountain Man Lager (MMB) in 1925. Throughout the decades, brand dependability, quality and brand mindfulness have been the foundations of the Client’s achievement †the significance of the MMBC brand among purchasers has permitted the organization to fabricate its little however steady piece of the overall industry in the East Central district (ECR), especially in its home express, the main locale it disseminates in (7. We will compose a custom paper test on Center Mountain Man Brewing Company Bringing the Brand or on the other hand any comparable point just for you Request Now % of the market with in excess of 50 million USD in income). 2. Difficulties Opportunities * Challenges MMBC right now faces a possibly personality evolving challenge: The customary premium lager advertise has been declining at a compound yearly pace of 4%, and MMB encountered a 2% decline in income a year ago, the first drop in quite a while whole history; appropriately, MMBC’s target point is to recuperate from the 2% decline in income that happened in the earlier year. * Opportunities The light brew advertise †famous with more youthful consumers †has additionally been developing at a CAGR of 4%. In spite of the fact that MMBC has been verifiably feeble in the 35-years-and-under portion, there is chance to create more deals by discharging another Mountain Man Light Beer (MML) line to focus on this more youthful market. Nonetheless, there is the danger of contrarily affecting their present dispersion of MMB through rack space cannibalization and greater expenses; just as the danger of distancing their center portion of more seasoned, hands on consumers. . Investigation MMBC faces conceivably losing more income at the current anticipated compound yearly abatement pace of 2% †the anticipated reduction for MMB independent in year-to-year net income from real 520,000 barrels sold in 2005 (USD 50. 4 m) to 470,039 barrels (around USD 45. 6 m) by 2010 aggregates about 10% (see Exhibit 1). As per the key age socioeconomics among brew consumers, MMB’s c lient division is as of now as follows: 64% for a long time and up, and just 17% for a long time and under. However the ECR breakdown for utilization by lager type is the inverse: 50. 4% for light and just 19. 7% for premium. Because of the staggering potential in the light lager advertise, we have arranged projections on development in incomes and costs for MMBC should they choose to push ahead with preparing Mountain Man Light (see Exhibit 2A, 2B). * Making Mountain Man Lighter (and More Profitable) Considerations have been made seeing MMB staying as an independent item (once more, see Exhibit 1). Notwithstanding, per the Client’s directions, this report will concentrate on anticipated execution looking at MMBC’s passage into the light brew advertise at their normal MMB decrease pace of 20%. As indicated by our investigation, MML would even now bring about a huge increment in income inside two years: With the new item blend, net gain edge increments from an immaterial 0. 88% in MML’s first year to a powerful 3. 7% by its subsequent year (2007), even with contemplations on the extra costs that would go into propelling another item †fabricating, promoting, general working (see Exhibit 2A). Also, the anticipated MMB+MML deals volume after just two years would almost coordinate MMBC’s current volume level †500,895 barrels to 520,000 †and would in the long run surpass the 2005 figure in 2008; while independent figures show a ceaseless lessening from the 2005 benchmark and in the long run fall behind MML deals by 2011 (Exhibit 3). * Issues to Consider The figure for MMB +MML deals are promising. Nonetheless, JAFREM must note huge issues to consider with the introduced information: 1) Due to constrained deals volume for the initial six years, sway on COGS has not been contemplated; should the present creation limit levels be surpassed, extra sources of info in regards to CAPEX (for instance, for new plants) will be essential. 2) With the determined MML development rate, the Client’s piece of the overall industry in the ERC adds up to 1. 5% following five years; MMB has not accomplished this level after over 50 years in the business thus contemplations on the MMB decrease rate have additionally been given (Exhibit 2B). 4. Suggestions Light lager is an alluring recommendation for MMBC, particularly with the abatement in the exceptional brew section. As needs be, overlooking the dynamic development in the light fragment is basically a lot of a chance to let pass. So as to diminish the dangers that accompany propelling MML (estranging center clients, advancing a bombed item), we suggests the accompanying measures: * To abstain from losing brand value at the shopper level for MMB, pilot the MML dispatch outside West Virginia, as this is MMBC’s most grounded and most faithful market; should the testing demonstrate fruitful, at that point thought can be made on moving into West Virginia. Should the MML development estimate not be acknowledged following two years, return center to MMB dissemination at a national level; while promoting and deals at the grass roots level has been useful for MMBC, there has been no endeavor to arrive at a bigger showcasing through the customary station of TV media. * Despite the nor mal diminishing in the excellent brew showcase, MMB still can possibly catch more piece of the overall industry by growing its promoting exercises and buyer base outside the ERC. Display 1 †Lager Standalone Projections MMB Standalone (next five years)â | | 2005| 2006| 2007| 2008| 2009| 2010| Barrels| 520,000| 509,600| 499,408| 489,420| 479,631| 470,039| Price per Barrel| $97. 00| $97. 00| $97. 00| $97. 00| $97. 00| $97. 00| Net Revenue| 50,440,000| 49,431,200| 48,442,576| 47,473,724| 46,524,250| 45,593,765| COGS| 34,803,600| 34,107,528| 33,425,377| 32,756,870| 32,101,732| 31,459,698| Gross Margin| 15,636,400| 15,323,672| 15,017,199| 14,716,855| 14,422,517| 14,134,067| SGA| 9,583,600| Other Op. Exp. 1,412,320| Operating Margin| 4,640,480| 4,327,752| 4,021,279| 3,720,935| 3,426,597| 3,138,147| Other Income| 151,320| Net Income before Tax| 4,791,800| 4,479,072| 4,172,599| 3,872,255| 3,577,917| 3,289,467| Prov. Salary Tax| 1,677,130| 1,567,675| 1,460,409| 1,355,289| 1,252,271| 1,1 51,314| Net Income After Tax| 3,114,670| 2,911,397| 2,712,189| 2,516,965| 2,325,646| 2,138,154| Net Present Value| 3,114,670| 2,599,461| 2,162,141| 1,791,526| 1,477,990| 1,213,246| Display 2A †MMB + MML Projections | 2005| 2006| 2007| 2008| 2009| 2010| 2011| MML Barrels| 0| 48â 735| 101â 369| 158â 136| 219â 282| 285â 066| 355â 763| MMB Barrels| 520â 000| 407â 680| 399â 526| 391â 536| 383â 705| 376â 031| 368â 510| Growth%|  | - 12%| 10%| Price per Barrel| $97| Net Revenue| 50â 440â 000| 44â 272â 273| 48â 586â 872| 53â 318â 166| 58â 489â 738| 64â 126â 451| 70â 254â 508| COGS| 34â 803â 600| 30â 776â 437| 34â 000â 363| 37â 531â 192| 41â 386â 351| 45â 584â 213| 50â 144â 138| COGS/Revenue| 69. 00%| 69. 52%| 69. 98%| 70. 39%| 70. 6%| 71. 08%| 71. 37%| Gross Margin| 15â 636â 400| 13â 495â 837| 14â 586â 509| 15â 786â 974| 17â 103â 387| 18â 542â 239| 20â 110â 370| SGA| 9â 583â 600| 11â 233â 600| 10â 483â 600| Other Op. Expenses2| 1â 412â 320| MML, Extra Ad Expenses| 0| 400â 000| Op. Expenses| 10â 995â 920| 13â 045â 920| 12â 295â 920| %|  | 18. 64%| - 5. 75%| 0. 00%| 0. 00%| 0. 00%| 0. 00%| Op. Profit| 4â 640â 480| 449â 917| 2â 290â 589| 3â 491â 054| 4â 807â 467| 6â 246â 319| 7â 814â 450| Op. Margin|  | - 90. 30%| 409. 11%| 52. 41%| 37. 71%| 29. 93%| 25. 10%| Other Income| 151â 320| Net Income before Tax| 4â 791â 800| 601â 237| 2â 441â 909| 3â 642â 374| 4â 958â 787| 6â 397â 639| 7â 965â 770| Prov. Salary Tax| 1â 677â 130| 210â 433| 854â 668| 1â 274â 831| 1â 735â 575| 2â 239â 173| 2â 788â 019| Net Income After Tax| 3â 114â 670| 390â 804| 1â 587â 241| 2â 367â 543| 3â 223â 212| 4â 158â 465| 5â 177â 750| Net Income Margin| 6. 18%| 0. 88%| 3. 27%| 4. 44%| 5. 51%| 6. 48%| 7. 7%| NPV| 3â 114â 670| 348â 932| 1â 265â 339| 1â 685â 170| 2â 048â 409| 2â 359â 625| 2â 623â 209| Exhibit 2B †Inputs Stress Test Results Inputs| | Stress scenario| MMB, Avg. Piece of the overall industry Growth| 0. 25%| | Year| MML, Avg. Piece of the overall industry Growth| Reduction Rate| MMB, Var. Cost per Barrel| 66. 93| | 2006| 0. 04% | 30. 19%| MML, Var. Cost per Barrel| 4. 69| | 2010| 0. 28%| 17. 28%| Reduction Rate| 20%| | 2011| 0. 23%| 21. 80%| Discount Rate| 12%| | MMB, Growth Rate| - 2%| | Price per Barrel | $97| | MMB, Extra Ad Expenses| $0| | MML Growth Rate| 2%| | MML, SGA in 2006| $900,000| | MML, SGA Extra Launch| $750,000| | Exhibit 3 †MMB (remain solitary) versus MMB + MML â€â€â€â€â€â€â€â€â€â€â€â€â€â€â€ [ 1 ]. Figure arranged by the 2% compound yearly diminishing rate gave by the Client [ 2 ]. SGA and Other Operating Expenses are amount inde

Tuesday, August 4, 2020

North Little Rock

North Little Rock North Little Rock, city (1990 pop. 61,741), Pulaski co., central Ark., on the Arkansas River opposite Little Rock; settled c.1856, inc. as a city 1903. North Little Rock lies in a cotton, rice, soybean, dairy-cattle, and truck-farm area. There is food processing and printing and the manufacture of consumer goods, fiberglass and electronic products, building materials, hospital garments, bakery products, feed, furniture, fertilizers, and chemicals. In the early 19th cent. the discovery of a small silver vein drew settlers to the area, which was then called Silver City. Most of the area later became part of Little Rock, but in 1903 local citizens pushed a bill through the Arkansas legislature permitting a part of Little Rock to secede and join the small village of North Little Rock. Nearby is Camp Joseph T. Robinson, the headquarters of the Arkansas National Guard. The Columbia Electronic Encyclopedia, 6th ed. Copyright © 2012, Columbia University Press. All rights reserved. See m ore Encyclopedia articles on: U.S. Political Geography

Monday, June 22, 2020

Entry Mode to Foreign Markets Essay - 2200 Words

Entry Mode to Foreign Markets (Research Paper Sample) Content: mDR LIMITED ENTRY TO AUSTRALIAStudentà ¢Ã¢â€š ¬s NameCourseCourse InstructorUniversity AffiliationDate of SubmissionmDR Limited Entry to AustraliaIntroductionCompanies face tough decision in choosing the best entry mode, when they are interested in servicing foreign market. There are various entrymodes, which include exporting, joint venture, sole venture and licensing. The entry mode is determined by ownership advantage of the firm, location of the market, and advantages of international transactions. These factors play a crucial role in determining the firmà ¢Ã¢â€š ¬s entry mode. Entry mode plays a crucial role in determining the amount of investment, and the expected returns. In determining the entry mode of mDR Limited to Australia, a definite research is mandatory. This research will review the firmà ¢Ã¢â€š ¬s main services, and the firmà ¢Ã¢â€š ¬s ownership advantage. It will help in gatheringand assessing Austrian market, to determine market potential, inte rnalization advantage and prevailing investment risks. Managerial perception about Austrian market is important, especially in determining financial and market capacity. In making the decision, mDR Limited is expected to make a decision on the best entry mode. This entry mode should offer the highest risk adjusted return on investment. The entry mode should also rank mDR Limited in terms of market control, thus improving firmà ¢Ã¢â€š ¬s competitive position.Sole Venture Entry ModemDR Limited is a well established company in Singapore, and it is listed on Singapore Exchange. This company offers various services in the market, especially in the field of telecommunication. Its market field places it at a perfect position in extending to foreign market. Sole venture entry mode is the best for mDR Limited. Sole venture mode has a high investment, resulting to high risk and returns. This mode will also give mDR Limited a chance to have control of the market and its transactions CITATION Blo06 \l 1033 (Blomstermo, Sharma, Sallis, 2006).Company AnalysismDR Limited deals with various services in the technology field. It operates the largest telecommunication network, by distributing and retailing telecommunication devices. It also operates retail stores, and provides M1 and SingTel broadband for wireless, fixed and mobile. Under their shop branded as Hand-phone shop, mDR Limited distributes mobile devices as well as accessories for giant brands like LG, Sony, Nokia and Samsung. mDR Limited provides after market services, especially for mobile devices and electronic products CITATION Bro03 \l 1033 (Brown, Dev, Zhou, 2003).mDR Limited service of distribution and retail of mobile phone brands, through their outlet shops and franchised stores is more applicable in foreign market. They have over 70 outlets in Singapore. This service fits well when sole venture entry mode is utilized. Since mDR Limited distribute phones from reputable firms, they have less investment in terms of production and manufacturing. This gives them a competitive advantage in terms of production resources. mDR Limited has been able to dominate Singapore market, especially in distributing and retailing telecommunication accessories. This success in Singapore will easily be applied in new market environment. The management professionalism applied by the company in offering comprehensive customer relationship, and offering after sale services on behalf of the main companies will set mDR Limited on a strong foundation. Meaning acceptance and marketing strategy in a new environment is possible. As a sole venture, mDR Limited will be able to control its brand, and its management strategies CITATION Bro03 \l 1033 (Brown, Dev, Zhou, 2003).mDR Limited has a market capitalization of SGD114.72 million as at the end of fiscal year 2012. It has a profit margin of 1.34 percent, and operating margin of 1.68 percent. The company has been doing well, as its return on equity stands at 10. 25 percent CITATION Bro03 \l 1033 (Brown, Dev, Zhou, 2003). This means mDR Limited has a strong foundation to enter Austrian market, and be able to comfortably compete with other brands CITATION Blo06 \l 1033 (Blomstermo, Sharma, Sallis, 2006). With sole venture entry mode, mDR Limited will have ownership advantage, therefore possessing superior assets and skills which will enable them to survive the new environment. This is supported by the companyà ¢Ã¢â€š ¬s size and multinational experience.As a sole venture in Australia, mDR Limited will be able to enjoy its management secrets. This reduces the risk of loss of long term revenues. For instance, if the company uses joint venture mode, it might run into the risk of the partner firm learning and acquiring management strategies and decide to operate a separate entity. This would lead to unexpected competition. Hence, with sole venture entry mode mDR Limited management skills will be intact CITATION Bro03 \l 1033 (Brown, Dev, Z hou, 2003).With asset base of SGD63, 000 as of 2012, mDR Limited has a strong asset power to engage in international expansion. They will also be in a position to enforce patents and contracts in the aim of achieving economies of scale. More so, the company stands on giants shoulders. This means it will spend less on marketing, if it offers distribution and retail services of mobile phones. The products it is dealing with, from global brands such as Nokia, Samsung, Sony Ericsson, LG, Philips and Panasonic are known products in Australia, meaning less marketing. The only marketing mDR Limited will face is advocating their Hand-phone shop, 3Mobile and Mobile phone Megastore. This will not be a big handle considering their successful management strategy and customer relation CITATION Mil95 \l 1033 (Millmow, 1995).Context AnalysisAustralia MarketAustralia has a capitalist economy, where demand is controlled by supply. As the rest of the world, Australia is highly growing in the usage and acceptance of technology. There has been a great shift from the use of fixed to mobile form of communication. This has led to decline of fixed communication revenue by 41 percent of the last decade. The mobile telecommunication industry has taken over, and it is controlling the total industry revenue. It has increase to 50 percent by 2012 CITATION Bro03 \l 1033 (Brown, Dev, Zhou, 2003). This is a big growth, from a single industry. As a matter of fact, Australia is second to Singapore in the usage of Smartphone CITATION Son97 \l 1033 (Song, 1997). 68 percent of Austrian population between the age of 15 and 65 has Smartphone. The penetration of Smartphone is at 41 percent. This is expected to increase by 2017 CITATION Bro03 \l 1033 (Brown, Dev, Zhou, 2003). The Smartphone industry is generating $15 billion in revenue, while the accessory and application are generating $ 15 revenue CITATION Blo06 \l 1033 (Blomstermo, Sharma, Sallis, 2006).This economic trend is due to the c hanging communication means, technological growth, and changing economic status. As of 2011 data, there were 29.28 million mobile voice and data services. This was an increase of 13 percent compared with 2010 statistics. This is highly attributed to the entry of Smartphone, and provision of internet through mobile cable CITATION Mil95 \l 1033 (Millmow, 1995). Emergence of Smartphone with the ability of touch screen has improved user friendly interface. This has helped user to integrate their phones with more activities CITATION SÃÆ'l07 \l 1033 (SÃÆ'llner, 2007).With this mobile phone trend in Australia, the market is ripe for the entry of mDR Limited. Its entry with service of distributing and retail of mobile phones through their outlet will be boosted by the prevailing market trends. The demand is high to fit and accommodate supply. The competition is limited to the demand, which is yet to attain saturation. Sole venture entry mode will favor mDR Limited considering market dem and, population growth, and market competition CITATION Bro03 \l 1033 (Brown, Dev, Zhou, 2003).Australian phone market is more attractive, making chances of attaining higher returns high. Market potential is high than investment risk, giving mDR limited a competitive edge to enter the market as a sole venture. With the increasing demand of phones, and the growth of technology every second, Australia has a potential market. Market potential is a key ingredient in determining overseas investment. The market also provides a long term market presence, giving the firm a chance to achieve economies of scale CITATION Mil95 \l 1033 (Millmow, 1995).In political and social platform, Australia has a stable political history and a strong cultural background. Political and cultural uncertainties negatively affect the economic potential of a state. If the government is highly restrictive, in terms of policies, this will impede foreign investment. But this is not the case in Austria, meaning po licies are favorable for foreign firms to enter the market even as a sole venture. Sole venture entry mode in Austria will lead to low control modes. Low control modes are seen to be more superior for many transactions. They allow the firm to gain from the economies of the marketplaces CITATION Roo94 \l 1033 (Root, 1994).As a capitalist economy, Australia allows a free market. Meaning demand will be controlled by supply. Legal and economic policies are favorable to foreign firms, through favorable tax programs and smooth entry policies CITATION Blo06 \l 1033 (Blomstermo, Sharma, Sallis, 2006). This is common in stable economies, with stable governments. Since mDR Limited will be introducing common products from giant industries, it will be easy gettingpatents and contracts. Global companies in most cases have worldwide patent. This leaves mDR Limited with th... Entry Mode to Foreign Markets Essay - 2200 Words Entry Mode to Foreign Markets (Research Paper Sample) Content: mDR LIMITED ENTRY TO AUSTRALIAStudentà ¢Ã¢â€š ¬s NameCourseCourse InstructorUniversity AffiliationDate of SubmissionmDR Limited Entry to AustraliaIntroductionCompanies face tough decision in choosing the best entry mode, when they are interested in servicing foreign market. There are various entrymodes, which include exporting, joint venture, sole venture and licensing. The entry mode is determined by ownership advantage of the firm, location of the market, and advantages of international transactions. These factors play a crucial role in determining the firmà ¢Ã¢â€š ¬s entry mode. Entry mode plays a crucial role in determining the amount of investment, and the expected returns. In determining the entry mode of mDR Limited to Australia, a definite research is mandatory. This research will review the firmà ¢Ã¢â€š ¬s main services, and the firmà ¢Ã¢â€š ¬s ownership advantage. It will help in gatheringand assessing Austrian market, to determine market potential, inte rnalization advantage and prevailing investment risks. Managerial perception about Austrian market is important, especially in determining financial and market capacity. In making the decision, mDR Limited is expected to make a decision on the best entry mode. This entry mode should offer the highest risk adjusted return on investment. The entry mode should also rank mDR Limited in terms of market control, thus improving firmà ¢Ã¢â€š ¬s competitive position.Sole Venture Entry ModemDR Limited is a well established company in Singapore, and it is listed on Singapore Exchange. This company offers various services in the market, especially in the field of telecommunication. Its market field places it at a perfect position in extending to foreign market. Sole venture entry mode is the best for mDR Limited. Sole venture mode has a high investment, resulting to high risk and returns. This mode will also give mDR Limited a chance to have control of the market and its transactions CITATION Blo06 \l 1033 (Blomstermo, Sharma, Sallis, 2006).Company AnalysismDR Limited deals with various services in the technology field. It operates the largest telecommunication network, by distributing and retailing telecommunication devices. It also operates retail stores, and provides M1 and SingTel broadband for wireless, fixed and mobile. Under their shop branded as Hand-phone shop, mDR Limited distributes mobile devices as well as accessories for giant brands like LG, Sony, Nokia and Samsung. mDR Limited provides after market services, especially for mobile devices and electronic products CITATION Bro03 \l 1033 (Brown, Dev, Zhou, 2003).mDR Limited service of distribution and retail of mobile phone brands, through their outlet shops and franchised stores is more applicable in foreign market. They have over 70 outlets in Singapore. This service fits well when sole venture entry mode is utilized. Since mDR Limited distribute phones from reputable firms, they have less investment in terms of production and manufacturing. This gives them a competitive advantage in terms of production resources. mDR Limited has been able to dominate Singapore market, especially in distributing and retailing telecommunication accessories. This success in Singapore will easily be applied in new market environment. The management professionalism applied by the company in offering comprehensive customer relationship, and offering after sale services on behalf of the main companies will set mDR Limited on a strong foundation. Meaning acceptance and marketing strategy in a new environment is possible. As a sole venture, mDR Limited will be able to control its brand, and its management strategies CITATION Bro03 \l 1033 (Brown, Dev, Zhou, 2003).mDR Limited has a market capitalization of SGD114.72 million as at the end of fiscal year 2012. It has a profit margin of 1.34 percent, and operating margin of 1.68 percent. The company has been doing well, as its return on equity stands at 10. 25 percent CITATION Bro03 \l 1033 (Brown, Dev, Zhou, 2003). This means mDR Limited has a strong foundation to enter Austrian market, and be able to comfortably compete with other brands CITATION Blo06 \l 1033 (Blomstermo, Sharma, Sallis, 2006). With sole venture entry mode, mDR Limited will have ownership advantage, therefore possessing superior assets and skills which will enable them to survive the new environment. This is supported by the companyà ¢Ã¢â€š ¬s size and multinational experience.As a sole venture in Australia, mDR Limited will be able to enjoy its management secrets. This reduces the risk of loss of long term revenues. For instance, if the company uses joint venture mode, it might run into the risk of the partner firm learning and acquiring management strategies and decide to operate a separate entity. This would lead to unexpected competition. Hence, with sole venture entry mode mDR Limited management skills will be intact CITATION Bro03 \l 1033 (Brown, Dev, Z hou, 2003).With asset base of SGD63, 000 as of 2012, mDR Limited has a strong asset power to engage in international expansion. They will also be in a position to enforce patents and contracts in the aim of achieving economies of scale. More so, the company stands on giants shoulders. This means it will spend less on marketing, if it offers distribution and retail services of mobile phones. The products it is dealing with, from global brands such as Nokia, Samsung, Sony Ericsson, LG, Philips and Panasonic are known products in Australia, meaning less marketing. The only marketing mDR Limited will face is advocating their Hand-phone shop, 3Mobile and Mobile phone Megastore. This will not be a big handle considering their successful management strategy and customer relation CITATION Mil95 \l 1033 (Millmow, 1995).Context AnalysisAustralia MarketAustralia has a capitalist economy, where demand is controlled by supply. As the rest of the world, Australia is highly growing in the usage and acceptance of technology. There has been a great shift from the use of fixed to mobile form of communication. This has led to decline of fixed communication revenue by 41 percent of the last decade. The mobile telecommunication industry has taken over, and it is controlling the total industry revenue. It has increase to 50 percent by 2012 CITATION Bro03 \l 1033 (Brown, Dev, Zhou, 2003). This is a big growth, from a single industry. As a matter of fact, Australia is second to Singapore in the usage of Smartphone CITATION Son97 \l 1033 (Song, 1997). 68 percent of Austrian population between the age of 15 and 65 has Smartphone. The penetration of Smartphone is at 41 percent. This is expected to increase by 2017 CITATION Bro03 \l 1033 (Brown, Dev, Zhou, 2003). The Smartphone industry is generating $15 billion in revenue, while the accessory and application are generating $ 15 revenue CITATION Blo06 \l 1033 (Blomstermo, Sharma, Sallis, 2006).This economic trend is due to the c hanging communication means, technological growth, and changing economic status. As of 2011 data, there were 29.28 million mobile voice and data services. This was an increase of 13 percent compared with 2010 statistics. This is highly attributed to the entry of Smartphone, and provision of internet through mobile cable CITATION Mil95 \l 1033 (Millmow, 1995). Emergence of Smartphone with the ability of touch screen has improved user friendly interface. This has helped user to integrate their phones with more activities CITATION SÃÆ'l07 \l 1033 (SÃÆ'llner, 2007).With this mobile phone trend in Australia, the market is ripe for the entry of mDR Limited. Its entry with service of distributing and retail of mobile phones through their outlet will be boosted by the prevailing market trends. The demand is high to fit and accommodate supply. The competition is limited to the demand, which is yet to attain saturation. Sole venture entry mode will favor mDR Limited considering market dem and, population growth, and market competition CITATION Bro03 \l 1033 (Brown, Dev, Zhou, 2003).Australian phone market is more attractive, making chances of attaining higher returns high. Market potential is high than investment risk, giving mDR limited a competitive edge to enter the market as a sole venture. With the increasing demand of phones, and the growth of technology every second, Australia has a potential market. Market potential is a key ingredient in determining overseas investment. The market also provides a long term market presence, giving the firm a chance to achieve economies of scale CITATION Mil95 \l 1033 (Millmow, 1995).In political and social platform, Australia has a stable political history and a strong cultural background. Political and cultural uncertainties negatively affect the economic potential of a state. If the government is highly restrictive, in terms of policies, this will impede foreign investment. But this is not the case in Austria, meaning po licies are favorable for foreign firms to enter the market even as a sole venture. Sole venture entry mode in Austria will lead to low control modes. Low control modes are seen to be more superior for many transactions. They allow the firm to gain from the economies of the marketplaces CITATION Roo94 \l 1033 (Root, 1994).As a capitalist economy, Australia allows a free market. Meaning demand will be controlled by supply. Legal and economic policies are favorable to foreign firms, through favorable tax programs and smooth entry policies CITATION Blo06 \l 1033 (Blomstermo, Sharma, Sallis, 2006). This is common in stable economies, with stable governments. Since mDR Limited will be introducing common products from giant industries, it will be easy gettingpatents and contracts. Global companies in most cases have worldwide patent. This leaves mDR Limited with th...

Saturday, May 23, 2020

Ancient Greek Flood Myth of Deucalion and Pyrrha

The story of Noahs ark is not the only flood story in mythology: There are many others. The story of Deucalion and Pyrrha is the Greek version. Like the version found in the Old Testament, in the Greek version, the flood is a means to punish mankind. The Flood in the Context of Greek Mythology According to Hesiods Theogony, there were five â€Å"ages of man†: the Gold, Silver, and Bronze Ages, the Age of Heroes, and the Iron Age. The Golden Age was a time of virtue and plenty under the leadership of the Titan Cronus. This delightful period, however, ended in a war when the children of Cronus joined together to battle against the Titans.The Silver Age began after Cronus was deposed by his children, led by Zeus. Now, instead of the Titans, the world was ruled by the Olympians. Less brilliant as the Golden Age, the Silver Age was a time during which human beings refused to obey the gods. Zeus ended the Silver Age by killing the humans who had displeased him and sending them to the underworld.After a period of time, Zeus decided to create a new type of human being. The men of the Bronze Age were strong and aggressive, with weapons, armor, and homes made of bronze. These terrible men worshiped the war god Ares, ate the hearts of their enemies, and finally destroyed one another.Disappointed by the Bronze men, Zeus sent a great flood. The flood was followed by a new era called the Age of Heroes, during which the gre at Trojan wars were fought. Great men were born during this era; after their deaths, they spent eternity in the delightful Elysian Fields.Finally, after the heroes had played their role, Zeus created the Age of Iron. As with all the other ages, it is doomed to a final failure, at which point Zeus will return to remake the world. The Story of the Flood Warned by his father, the immortal Titan Prometheus, Deucalion built an ark to survive the coming Bronze Age-ending flood that Zeus sent to punish mankind for its wickedness. Deucalion and his cousin-wife, Pyrrha (daughter of Prometheus brother Epimetheus and Pandora), survived for 9 days of flooding before landing at Mt. Parnassus. All alone in the world, they wanted company. In answer to this need, the Titan, and goddess of prophecy ​Themis cryptically told them to throw the bones of their mother behind them. They interpreted this as meaning throw stones over their shoulders onto Mother Earth, and did so. The stones Deucalion threw became men, and those Pyrrha threw became women. Deucalion and Pyrrha settled in Thessaly where they produced offspring the old-fashioned way. Their two sons were Hellen and Amphictyon. Hellen sired Aeolus (founder of the Aeolians), Dorus (founder of the Dorians), and Xuthus. Xuthus sired Achaeus (founder of the Achaeans) and Ion (founder of the Ionians).

Monday, May 18, 2020

Essay about The Importance of Keeping Appointments

Article 86 of the Uniform Code Of Military Justice. This Article covers Point and Place of Duty. That means from PT formation to COB that is where you will be. What a lot of Soldiers do not understand that includes appointments made by them or someone else. We have appointment times, SP times, formation times and many other start times that dictate we will be there. If a Convoy has an SP time of fifteen hundred hours and the Soldiers decide to show up late because they did not feel like getting ready on time people could die. If they rolled out on time, they may have avoided the ambush or avoided the Vbid that hit them in the bottleneck. It sounds extreme but time management plays a critical role in the Army.†¦show more content†¦Not only does it cost time but it also cost money. It cost the Army to have Doctors there for the Soldiers to see, it cost money to have people there to work CIF, Finance, Household Goods and many other facets of the Army. The majority of these sectors are run by civilians now who are paid hourly. Some of them might be working on a day off because a Soldier made an appointment with them. That right there cost the Army money that would have otherwise been saved. Now that the Soldier missed the appointment they caused the Army to waste a certain amount of money that could have been used for another area. Now let’s look at the math. If you have ten Soldiers that each make an appointment and each person they are suppose to see has an average hourly wage of thirteen dollars an hour and each work an eight hour day when they where suppose to be off that comes out to $104 per person. Now ten employees multiplied by $104 comes out too $1040. If all ten soldiers miss their appointments you can see the amount of money that was wasted because ten Soldiers decided not to show up. That also comes out to almost $400,000 over the course of the year. Just imagine if that happened every at every installation. The cost would be astronomical. The thing is this not just isolated to Company, Battalion or even Brigade level. Its Army wide and it’s something that is has become out of control. I myself am guilty of it. I made an appointment with the Army’s stop smoking class.Show MoreRelatedThe Importance of Keeping Appointments998 Words   |  4 PagesThe Importance of Keeping Appointments I am writing this essay as a plan of action because I managed to miss a scheduled appointment. Missing a scheduled appointment may seem like a rather minute infraction but if you think about it and trace it back far enough it has a negative impact on all parties involved it effects the army as a whole, the government, tax dollars, every American and possible most of the population of the planet even if they don’t know it or feel an impact from it on someRead MoreBellevue / Nyus Program For Survivors Of Torture843 Words   |  4 Pagescompleted because it was an inconvenience for the nursing staff, which cause doctors to take on the responsibility, prolonging the wait time for appointments. Generally, the staff does not speak to the clients with respect or consideration. Clients do not have the opportunity to voice their concerns, and at times will leave the clinic before their appointment due to a prolonged wait-time. 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Good doctor-patientRead Mo reAn Argument Of The Supreme Court1109 Words   |  5 Pagesconstitution found life tenure appropriate for the justices of the Supreme Court as an expression of their importance to the government, but also that the loss of their cognitive ability was an imaginary farce. Currently, the lifetime appointment is to hold the integrity of the power granted to the court, to protect judges from interference on decisions that effect the other branches of government. Keeping the Supreme Court separate from the other branches upholds the integrity of the courts constitutionalRead MoreThe Implementation Phase Of The Process Of Care1058 Words   |  5 Pagesis a healthy individual and he exercises regularly. If he does not improve his oral health it will begin to affect his overall health. Jay admits to brushing his teeth but does not use any other intraoral aids. Jay needs to be informed about the importance and purpose of tongue cleaning. Cleaning the tongue will decrease the amount of bacteria in the mouth and improve the overall cleanliness of the oral cavity. It is important for him to clean his teeth, tongue, gingiva and mucosa because microorganismsRead More`Hitler Became Chancellor in January 1933 Because He Was Leader of the Most Popular Party in Germ any. ` How Far Do You Agree with This Judgement?1563 Words   |  7 PagesAlthough their popularity contributed to Hitler`s appointment as Chancellor, it can be argued that there were more dominant factors that assisted Hitler in his rise to power. The prematurity of the government is often seen as the underlying factor; however some historians argue that the actions of Hindenburg, Von Papen and the desperation gave Hitler the final push in the direction of chancellorship. Hitler very quickly realised the importance of propaganda, he then proceeded to use it as a meansRead MoreCellphones : Is It Important For Our Future?924 Words   |  4 Pagesare in an era where cellphones are used more than an expensive computers, unless we are at work. As we move in the future of technology, we found ourselves in need to be more connected not just with family members from all over the world but also keeping track of our daily interests such as news, the new concept car, and politics. There is always a need to predict the future with and without phones. In this predicting research, you will learn how important is technology to us, and why is it importantRead MoreMarketing Plan1461 Words   |  6 Pagesgroomed and pampered by stylist who have had years and years of training and must complete a very informative PetSmart safety certification process. According to the PetSmart (2008), â€Å"grooming is not just about having a fabulous do it is also about keeping p ets happy and healthy with services including nail trimming, ear cleaning and teeth brushing.† PetSmart is always looking for new and better ways to make the lives of pets and their owners easier. One of the solutions to the busy lifestyles of

Monday, May 11, 2020

The Night and Fugitive Two Impressive Books - 1266 Words

At the beginning of 19th century, the form of anti-Semitism becomes more serious. Germanys seems to isolate and eliminate Jews. When the Nazi Party, led by Adolf Hitler, comes to power in Germany in 1933, it wants to set up the Perfect Nazi state. The Nazi wants to stamp out any opposition to their rule, so they set up a system of camps, for instance, concentration camps, death camps for holding people that they see as â€Å"undesirable†. Lots of those â€Å"undesirable† people are Jews. From 1933 to 1945, about six million Jews are murdered and it is called the Holocaust. The Holocaust is the greatest single case of mass murder in history and is difficult to ignore. After World War II, survivors of the Holocaust tell their†¦show more content†¦Faith is the strongest support. Life is full of ups and down, people cannot change the world but they can, hold onto their faith to be able to go through the bad times. As a young boy Elie is a devout Jew and only lives with God. He is taught that God is everywhere in the world, that nothing exists without God. After Elie experiences how Jews are exterminate inhumanly by Nazis, he losses confidence of God. â€Å"Never shall I forget that night, the first night in camp, which has turned my life into one long night, seven times cursed and seven times sealed. Never shall I forget that smoke†¦Never shall I forget those moments which murdered my God and my soul and turned my dreams to dust. Never shall I forget these things, even if I am condemned to live as long as God Himself. Never† (Wiesel 34). This famous quote reflects that Elie’s faith is destroyed. He wants to know why the merciful God could just stand beside to look those horrible behaviors to his people. But soon he returns back to his faith. â€Å"Behind me, I heard the same man asking: Where is God now? And I heard a voice within me answer him: ... Here He is—He is hanging here on this gallows† (Wiesel 65). W hen his sick and would die in any moment, Elie prays to God. God always stays inside Elie’s heart and she forces him to go forward, to sweep a road through the thistles and thorns. In addition, religion gathers people together. Elie comes from a deeply religious JewishShow MoreRelated Survive by Love, Faith and Will1719 Words   |  7 PagesWiesel, a Noble Peace Prize winner in 1986 who wrote the novel Night based on his experience as a Holocaust survivor. Night is the record of Elie Wiesel’s memories of the Holocaust. This work of literature is about his experience with his father, Chlomo, in the Nazi concentration camps at Auschwitz and Buchenwald between 1944 and 1945. Another book that effectively describes the theme of the Holocaust by Canadian poet Anne Michaels is Fugitive Pieces, for which she received many prizes such as, OrangeRead MoreGood Night And Good Luck And Badlands Compare And Contrast970 Words   |  4 Pages Good Night and Good Luck, and Badlands are two very unique movies. Both poses very interesting narratives, with underlying messages and symbolism. But, what makes them stand out the most, is their artistic and technically driven visuals. One is full of beautiful and romanticized colors. The other uses black and white to portray depth and struggle. Two vastly different approaches, but equally powerful in their own ways. Good Night and Good Luck and Badlands, both use their visual ascetics to motivateRead MoreThe Civil War And Abolition Of Slavery2509 Words   |  11 Pagesammunition, artillery harnesses, and carts to carry ammunition. Little did Lee know that Confederate thieves would steal all the food meant for the 30,000 Confederate soldiers. Just their luck, they would go through another sleepless, starving, cold night. All he could do now was keep moving forward till he reached a town with food for his troops. Which happened to be Farmville, just 19 miles away from Amelia Court House. As Lee finds a way to feed his troops and get to the Carolinas, it is Grant sRead MoreThe Shawshank Redemption Essays3087 Words   |  13 Pages century and based on, professional horror author, Stephen King’s 1982 novella Rita Hayworth and the Shawshank Redemption, features golden cinematography from Roger Deakins, a touching score from Thomas Newman and is filled with impressive acting, especially from Morgan Freeman (Red). However, possibly the most imposing character in the film, is the oppressive Shawshank State Prison itself, which looms in every scene. The Shawshank Redemption builds considerable impactRead MoreEssay on The Odyssey21353 Words   |  86 Pagesthe narrative includes many places - Olympus, Ithaca, Pylos, Pherae, Sparta, Ogygia, and Scheria. In Books 9-12, Odysseus narrates the story of his travels in the years after the fall of Troy, and this narrative includes other far-flung places, such as the island of the Cyclops. The main action of the poem takes place in Ithaca, after a disguised Odysseus reaches there in Book 13. In Books 13 to 24, Odysseus is slowly reunited with his family and takes revenge on the suitors that have beenRead MoreA Picatrix Miscellany52019 Words   |  209 Pagesthe Fashioning of Images† VI. The Picatrix: Lunar Mansions in Western Astrology VII. W. B. Yeats and â€Å"A Vision:† The Arab Mansions of the Moon On Ritual and Talismans Picatrix Astrological Magic Aphorisms Extracts on Planetary Ritual Clothing Twenty Two Benefic Astrological Talismans Astrology, Magical Talismans and the Mansions of the Moon Ritual of Jupiter An Astrological Election of Mercury in the First Face of Virgo for Wealth and Growth XIV. Invocation of Mercury On the Decans and Tarot XV. XVIRead MoreShort Story11492 Words   |  46 Pagesout was a business card with an address on it. Joel was sure he could even see a smile begin to break out upon the stony face of Jack as he handed the card to him. â€Å"Seven thirty tonight, dont be late. Mr Davi doesnt tolerate lateness.† Scene Two Unhappy Hour It was approaching dusk and business had returned to its usual dire self at OBriens Irish Fun Bar. Yesterdays events now seemed like a distant and surreal dream. Nonetheless, Mike Stein still displayed a beaming smile as the image heRead MoreAuditing Cases22626 Words   |  91 Pagescompany. Conditions for Nonconsolidation of SPEs A company was not required to consolldate both assets and liabilities of the SPE into those contained on its own balance sheet, and it could record gains and losses on transactions with the SPE, if two conditions were met: 1. An owner independent of the company had to own a â€Å"substantive† equity interest (at least 3 percent of the SPE’s assets, and that 3 percent remain at risk throughout the transaction). 2. The independent owner had to exercise controlRead MoreOrganisational Theory230255 Words   |  922 Pages. Organization Theory Challenges and Perspectives John McAuley, Joanne Duberley and Phil Johnson . This book is, to my knowledge, the most comprehensive and reliable guide to organisational theory currently available. What is needed is a text that will give a good idea of the breadth and complexity of this important subject, and this is precisely what McAuley, Duberley and Johnson have provided. They have done some sterling service in bringing together the very diverse strands of work

Wednesday, May 6, 2020

Questions On Positive Accounting Theory Essay - 1479 Words

Answer=6 Positive accounting theory explains why any firm uses one type of accounting practice over the other. This theory tries to improve efficiency of the organisation by putting some mechanism for aligning interest of the manager of the firm with the interest of the owner. The objective of this mechanism is to minimise future agency cost. The Positive accounting theory provides guidelines to the firm about selection of accounting policy which is suitable for the firm with respect to efficiency perspective as well as opportunity perspective such as ï‚ § Organisation reaction when they adopt new accounting methods ï‚ § Which accounting policy will be adopted by firm under different circumstances e.g. political and economic ï‚ § Firms can practice greatest prospects for survival, so firms compose themselves all the more proficiently ï‚ § Positive accounting theory expect that managers of the firm select the most effective way to reveal the performance of the entity ï‚ § Intentional audits might be undertaken to reduce the perceived risks of stakeholders ï‚ § Mangers must be flexible when choosing accounting methods for the organisation and its estimates and predications based upon the following points: ïÆ'Ëœ Use that method with which future earning of the firm increase lead to increase in bonuses of the employees ïÆ'Ëœ That shows future earning in current period highlight stability and performance ïÆ'Ëœ In tough conditions managers try to transfer current year profit/ income to reduce tax and otherShow MoreRelated7101AFE Financial Accounting Theory And Practice Essay970 Words   |  4 Pagesï » ¿7101AFE Financial Accounting Theory and Practice Tutorial Questions for Tutorials 1- 6: Semester 1 2015 TUTORIAL 1 - Semester 1 2015 Deegan Topic 1: Introduction to financial accounting theory QUESTION 1 – Question 1.2: If you developed a theory to explain how a person’s cultural background influences how they prepare financial statements, would you have developed a positive theory or a normative theory? The first of all, it is important to understand the mean by a ‘theory’. According to ContemporaryRead More3101AFE Seminar Questions from Seminars 1 6 Sem 1 20151558 Words   |  7 Pagesï » ¿3101AFE Accounting Theory and Practice Seminar Questions for Seminars 1- 6: Semester 1 2015 SEMINAR 1 - Semester 1 2015 Deegan Topic 1: Introduction to financial accounting theory QUESTION 1 – Question 1.2: If you developed a theory to explain how a person’s cultural background influences how they prepare financial statements, would you have developed a positive theory or a normative theory? QUESTION 2 - Question 1.3: What is a conceptual framework, and would it be considered to be a positiveRead MoreWhy Is Positive Accounting Standards?1162 Words   |  5 Pages titled as â€Å"Towards a Positive Theory of Determination of Accounting Standards† published by American Accounting Association. It explores the factors that have been influencing management’s attitudes in lobbying on accounting standards. It describes an attempt made by two in evolution and development of the Positive Accounting Theory by reasoning, factors like taxes, regulations, management compensation plans, book keeping cots, etc. The results concerned with the theory are consistent. 2. SummaryRead MorePositive vs Normative Accounting Theory Essay1032 Words   |  5 Pagesassist with planning) TOPIC: Discuss positive accounting theory and contrast it with normative accounting theory. Provide examples where appropriate.       The purpose of this essay is to provide an overview of positive accounting theory (PAT) and highlight how this theory differs to normative accounting theory. Definitions and assumptions of both theories will be considered and examples of the theories will be provided. In addition specific theories related to PAT namely agency and theRead MoreFinancial Accounting Theory the Reporting Environment1578 Words   |  7 PagesWeek 2: Topic 1: Financial Accounting Theory the Reporting Environment GHTHH Chapter 2 5. Researchers who develop positive theories and researchers who develop normative theories often do not share the same views about the roles of their respective approaches to theory construction. (a) How do positive and normative theories differ? (b) Can positive theories assist normative theories, or vice versa? If yes, give an example. If not, why not? Normative accounting research makes policy recommendationsRead MoreFinancial Management1486 Words   |  6 PagesTable of Contents Introduction 2 Summary of the Article 2 Overview of Positive Accounting 2 Research Question 3 Theoretical Framework: 3 The Significance and Limitations of the Article: 4 Findings of Article 4 Conclusions 5 Bibliography 5 References 6 Introduction The main purpose of this report is to focus the positive accounting theory â€Å"Towards a Positive Theory of the Determination of Accounting Standards† and written by (Watts Zimmerman, 1978) Ross L. Watts and JeroldRead MoreEssay on Bus310 Accounting Theory and Accountability954 Words   |  4 PagesBUS310 ACCOUNTING THEORY AND ACCOUNTABILITY WORKSHOP 1 SOLUTIONS 1) GHHT: Chapter 1: Theory in Action 1.1 The article describes how a particular theoretical approach has been replaced by another. Explain why one theory replaces another, and who, or what, determines whether an existing theory survives. A theory is primarily meant to explain or predict an event, behaviour or outcome. Proponents of a theory look for evidence to support the theory. This evidence should be independently observedRead MorePositive Accounting Theory Perspective And Examining A Case Study Foster s : Less Goodwill, Higher Earnings1561 Words   |  7 Pagescontemporary studies, it can be seen that the new accounting standard significantly impacts on profits of the firm. Simultaneously, the value of the firm is also affected by the new accounting standard. Secondly, when it is taken to account of the imposition of a particular accounting method, this imposition provides implications for the efficiency of the organization. This essay will clarify those two issues by using a Positive Accounting Theory perspective and examining a case study ‘Foster’s:Read MoreAccounting Theory and Practice Reflection Essay1142 Words   |  5 Pagesview the knowledge we learnt from accounting theory and practice, the main thing I can conclude that is the tendency of accounting will shift away from technical way to people’s behaviour way. By understanding what should do, we should ask why and how we could improve and change it into a better way. This essay aims to explain how the theoretical material that we learn in lectures can be developed under a real practical manner. When talking about accounting, the first thing we should know isRead MoreWhat Is Priori Research And Present Era1507 Words   |  7 Pages- In this paper the study examines the ‘Priori research’ role in accounting which covers history and present era. It has been declared in the year 1960 as a golden age. Over the period of time various critiques have criticized the piece of works cited. According to Nelson, there has been very slow progress from the year 1960 to now. He is also of the view that priori studies have values which may be considered doubtful. The other view given is by Dopuch and Revsine and they claim that work is full

Guillermo Furniture Store Free Essays

Guillermo Furniture Store For many years, Guillermo Navallez has owned and operated a small and profitable wood furniture making company in beautiful Sonora, Mexico. He has enjoyed an abundance of raw materials, low labor costs, and limited competition. This has recently changed due to a few significant events (1) new competitors from overseas, using high-tech automation manufacturing processes, resulting in exact furniture specifications at rock bottom prices and (2) Sonora, Mexico labor cost have dramatically increased due to emerging new industries and companies. We will write a custom essay sample on Guillermo Furniture Store or any similar topic only for you Order Now Guillermo Furniture has been forced to reconsider his current business model and implement a change in strategy to remain in business and competitive (ACC561, Guillermo, 2009). Guillermo Furniture SWOT Analysis Prior to addressing the outlined questions we must understand Guillermo Furniture Store’s current; Strengths, Weaknesses, Opportunities and Threats (SWOT). Managers use accounting information for many different types of decisions. Information uncovered in accounting provides; scorekeeping, attention directing and/or problem solving, but we first need to understand our current environment (Horngren, 2008). The first course of action for Guillermo Furniture is to have an objective SWOT analysis performed in order to have a clear picture of the company’s current position in the market and among the competition. Of course, a more detailed SWOT analysis would be needed for a more specific focus and direction. Strengths: Strengths identified during the SWOT analysis is an abundant supply of raw materials, inexpensive labor, and a market that allowed a price premium for quality. Weaknesses: The Guillermo Furniture Company was shown to be weak in manufacturing process and technology when a larger competitor started operations in direct competition. This made the company’s market position uncompetitive due to lack of manufacturing automation and labor costs. Guillermo also would like to remain independent, thus he would not benefit from the strengths of merging or having his small company acquired to facilitate growth. Opportunities: Guillermo has multiple opportunities to improve his company’s future. First, the company could expand the selection of furniture produced through new manufacturing processes. Second, the patented furniture coating product, could easily become the driving force behind Guillermo growth and competitive advantage. And finally, Guillermo could develop a new business unit division, and combine it with an investment in technology for the coating manufacturing to further improve his unique selling proposition. Threats: The Guillermo Furniture Company faces a myriad of threats. A new and large competitor that uses advanced technology and automation. Rising labor costs, declining sales due to competition, eroding margins, and declining revenues with sales losses. The current climate of mergers and acquisitions in the furniture industry is producing stronger competition with more economies of scale and leveraging of power in the marketplace. Budgets and Performance Reports The basic purpose of accounting information is to help make strategic decisions. Regardless of who is making the decisions, understanding accounting information allows for a more informed, and better decision (Horngren, 2008). Accounting reports are classified into two types; Accounting and Financial reports. Budgets and performance reports are vital information for a company that is looking to survive, compete and expand in their marketplace. Guillermo would benefit immensely by using these reports to see data trends in different business segments. For example, a performance report showing real versus budgeted sales would identify the most viable and profitable business segments in both short and long-term. Guillermo could then use these data trends to build a 5-10 year forecast for individual business segment manufacturing viability. Guillermo must evaluate each business unit taking into account fixed and variable costs associated with the fixed assets required for operation. Once this evaluation is completed, business models for revenue, costs, profit margin, and resource investment could be compared for each of the proposed business units. †¢ Manufacturing as currently in place †¢ Manufacturing with investment in new technology †¢ Broker Business Segment Product Coatings Business Segment Lastly, Guillermo could use performance reports to identify growth segments for immediate and future resource investment. He could identify declining segments and begin to diversify or limit future investment in these segments. For example, demand for moderate furniture is growing while the demand for high-end furniture is on the decline. While limiting further investments in declining segments, use them as sources of income for the higher profit margins they do produce. The proceeds from this could be re-invested in the growing market segments. Ethics and Accounting Decisions Regulation of accounting systems seeks to ensure the reliability of the information that accounts provide. â€Å"However, no regulation can be as effective in ensuring liability as holding accountants to high ethical standards† (Horngren, 2008). Organizational and individual ethics influence critical decision-making processes, with potentially negative results affecting the bottom line. Ethics are based in part on core values imparted on individuals throughout a lifetime. Each person perceives right and wrong based upon ethics and consequently his or her actions will follow these parameters. Technology also promotes organizational ethics; however, ethical and moral conflicts will increase work-related stress amongst employees. This behavior negatively influences organizational behavior. Guillermo must decide whether to transition from manufacturing to distribution, and if he does remain in manufacturing, are there potential ethical violations if he continues to broker as well. This author believes Guillermo would have the personal ethical dilemma of continuing to employ human labor from his city, or transition to a more automated production thus saving him money from his bottom line, and making the company more efficient and effective. The current economy has been shaped with bad ethical decisions in accounting practices. One only needs to look as far as Tyco, Enron and WorldCom to understand how pressure to perform and expand can corrupt a company. The bottom line for Guillermo Furniture Company will be how Guillermo responds to the competition and how his desire to remain ndependent affects his decision making process. Relevant Accounting Information and Decision Making The most relevant accounting information for Guillermo to consider would be the following examples. †¢ Short and Long-Term Demand Forecasts, Revenue Generation, Pricing, Cost, and Profit Margin for each Business Segment. †¢ ROI in months / break even when determining the ROI on New Technology Investment †¢ Compare Expected Revenue, Margins and Net Income from all three business opportunities. Forecasting demand for each segment, pricing and production costs for each opportunity †¢ Assets Management†¦. Develop a plan to support assets that are profitable, and a plan to divest the underperforming. Conclusion The Guillermo Furniture Company has enjoyed years of profitability without constructing a business dynamic plan. With the larger direct competition moving in, this has shown the weaknesses in the Guillermo Furniture Company. Guillermo must immediately change the course of direction in order to remain solvent in the current marketplace. The statistics available through accounting practices will give him the necessary tools to make both short and long-term decisions to remain a viable company in today’s global economy. References ACC 561 Course handout: Scenario: The Guillermo Furniture Store. Retrieved July 19, 2009 from the material section of the course description page. Brealey, R. ., Myers, S. . Marcus, A. J. (2007). Fundamentals of Corporate Finance (5th ed. ). Boston: McGraw-Hill Irwin. Horngren; Sundem; Stratton. (2008). Introduction to Management Accounting (14th ed. ). Upper Saddle River, NJ: Pearson / Prentice Hall. How to cite Guillermo Furniture Store, Papers

Ethics in Nursing Being a Professional Nurse

Question: Discuss about theEthics in Nursingfor Being a Professional Nurse. Answer: Introduction: As it is people believe that nursing is a very noble profession and every nurse renders selfless service. Being a professional nurse call for performing a very complex task and at times the nurses feel that their nursing training should be incorporated with some training in aerobatics and tight rope walking since they have to perform a task which needs to balance between two contradicting duties. Discussion: When handling a terminally ill patient the nurse knows for sure that this patient is not going to get back home after recovery. The ethical demand on the nurse is that the patient should be given encouragement and build up his enthusiasm but at the same time the patient has the right to know the exact position of the sickness he or she is suffering from. This then puts the poor nurse into what is colloquially called a Dicey situation. In fact the nurse now finds herself in apposition where she has to choose between two evils(Gevinson, 1997). If she speaks out the truth and informs the full truth as is known to her then the patient feels very sad and this may even have an adverse effect on the main treatment. On knowing that he or she is terminally ill the patient may want to satisfy all his unmet wants and desires and not cooperate in the medical process that is being administered by the hospital. Many cases are known where such patients try out some extreme tricks for hood winking the medical authorities. The situation is likely to worsen. Again if the nurse makes a false statement that the patient will recover within a short time then the right of the patient to know the truth is violated. In such situations the nurse can only act diplomatically and remain politically correct. It is felt that the best thing to do under such circumstances is to interact with the patient cautiously and claim to be ignorant of the actual truth. All that get normally shared with the patient is that he or she is not the first patient who has that particular ailment and there are millions of people who suffer from similar ailments and have obtained medical treatment in this hospital. Technically speaking, this may be construed as being unethical but then also the basic concept of care is being delivered. The patient knows that he or she is not the first one to be struck by this sickness and the people who are handling them are quite experienced in delivering proper treatment to him or her. The anxiety of the patient is set to rest in an indirect manner. Here strictly speaking ethics have been violated but care and comfort have been delivered(Waubrafoundation, 2015). Though ethics may have been compromised with but the good act of delivering comfort perhaps more than makes up the fault (or is it lapse). The International Council of Nurses mentions in their preamble of the ICN Code of Ethics for Nurses that nurses are required to perform four basic duties and these are promoting health, preventing illnesses, restoring health and reduce suffering. They must respect the human rights, right to life, patients be treated with dignity and respect. The aspects of creed, gender, color, age, creed, illness or disabilities, social and economic status, nationalities and culture should not make any difference to the care and attention that the nurse has to deliver(Icn, 2012). While the aspects of cast, creed and all the rest of the points mentioned in the preamble are easily handled the matter of interpersonal ethics turn out to be a very tricky area. The politically well connected or the economically affluent or the socially significant patients have the tendency to expect priority attention bordering of being pampered. While the expression tricky situation has been used above, it may be taken to mean a sticky situation. Suppose any patient from the above class lands in the hospital with a minor ailment yet they expect that the nurse will always be around to attend to his needs, wants and at times fancies. Usually the number of nurses present on duty is limited (and this is an important economic consideration of the hospital) and thus the patient to nurses ration will get severely jeopardized if one nurse gets busy with only one patient(Nswnma, 2008). Conclusion: While the hospital will not increase the nurse patient ratio, still the demand for her exclusive service and attention to just one particular patient will be asked for. Such patients who are public figures can create damages to the image of the hospital and hence the nurse is at the receiving end. If she delivers exclusive attention then she is at fault for violating nursing ethics with other patients and if she does not give exclusive attention then she is neglecting significant patients. Hence tight-rope walking to be included in the curriculum of all student of nursing. References: Gevinson, A. (1997). Within Our Gates: Ethnicity in American Feature Films;https://books.google.co.in/books?id=bsoUXGZSxZcCpg=PA776lpg=PA776dq=Nurse+Dicey%E2%80%9D+situationsource=blots=x09m9cz1Xisig=B-5_qC5-TMQ_y6w2qPVBXEhk1oQhl=ensa=Xved=0ahUKEwiCsenup-7PAhUGNY8KHW. In Within Our Gates. Icn. (2012). The ICN Code of Ethics for Nurses. Retrieved October 22, 2016, from Icn: https://www.icn.ch/images/stories/documents/about/icncode_english.pdf Nswnma. (2008, October 23). New national code of ethics for nurses and midwives. Retrieved October 22, 2016, from nswnma: https://www.nswnma.asn.au/new-national-code-of-ethics-for-nurses-and-midwives/ Waubrafoundation. (2015, May 14). Code of Ethics for Nurses in Australia. Retrieved October 22, 2016, from waubrafoundation: https://waubrafoundation.org.au/resources/code-ethics-for-nurses-australia/