Monday, September 30, 2019

Evolution of the Universe Essay

The evolution of earth will always remain a mystery. However, there is many scenarios and evidence to help understand the evolution of earth, its sun, planets, and the moon. The paper will derscribe how the earth and its atmosphere evolved with the help of other bodies. Which includes a discription of the formation of the bodies that plays a role in the evolution of earth. Also, a discription of the earth, sun, moon, planets, and other bodies motions according to Copernicus, Kepler, and Gallileo discoveries. Evolution: Earth and Its Atmosphere Plate tectonics are the ultimate process that controls the changes on Earth. Dynamic activity like volcanism, meteorite impacts, mountain building, and erosion, is how our Earth has come to its current state, while the continuing motion of the Earth is what’s driving the resurfacing of the Earth resulting in faulting, basin formation, and volcanism. The combination of gravity and the Earth’s internal heat is the driving force for this continuous motion. Earth’s internal heat comes from consistent decay of radioactive elements, crystallization of the inner core, and the heat left-over from planet formation. Recent discoveries suggest that features of current Earth come from the planetary melting and planetary accumulation which involves the differentiation of objects. Mars and the Moon underwent global differentiation which allowed the separation of the core from the mantle and formed large parts of the Earth’s still-existing crust. The atmosphere and oceans first appeared about 4. 5 billion years ago, soon after the Earth and Moon completed their formational phases (Mirali & Skinner, 2009). Oxygen was nearly absent in the atmosphere of the early Earth. The Great Oxygenation Event (GOE), or Great Oxidation, was the biologically induced appearance of free oxygen (O2) in Earth’s atmosphere. Cyanobacteria; a large photosynthetic bacterium, appears approximately 200 million years before the GOE and began to produce oxygen by photosynthesis (Carlson & Boyet, 2008). Cyanbacteria is known to be responsible for the initial rise of atmospheric oxygen during this time. Before the GOE, any free oxygen was chemically captured by dissolved iron or organic matter. After the GOE, any excess free oxygen began to accumulate in the atmosphere. Free oxygen is toxic to anaerobic organisms and the rising concentrations may have been the reason that most of the Earth’s anaerobic inhabitants were wiped out. Oxygen is dominantly locked in minerals in the crust and Earth’s interior and would remain as such if it weren’t for photo synthesizers. Methane and nitrous oxide have been increasing in recent years and a consequence of agricultural activities, and human-induced global warming (Kasing & Siefert, 2002). Thus, microorganisms have led to the basic composition of Earth’s atmosphere since the origin of life. Formation of the Bodies: Motions Role About five billion years ago the galaxy had a supernova explosion causing large elements of debris pushing it through gasses called hydrogen into interstellar particles and dust. By this process of mixture under its own gravity at the center, it compressed together and formed a star of gasses that we see today. This star now became born which is now the sun, which around it a swirl of material compressed as forces for the heat. This process gave rise to our sister planets and throughout the universe. The sun started to grow larger and its energy source also started to ignite its source outward into nuclear fire balls. Within millions of years disks and components started to freeze over into small grains of dust. From this process what was found was silicon, iron, aluminum, magnesium with oxygen that was displayed as clumps and large chunks of rock and boulder. They were so large that they broke apart from their own gravity and disbursed throughout the universe. Planetesimals planets started to grow, from this they were colliding with other bodies, now starting to grow into larger lanets with their form of mass and energy behind them giving them the power to move. In this time in history the sun was only about 2/3’s of the source of power that we have today, meaning the sun is more power today than ever, because of time and energy and mass letting it grow. The process of the large forms of mass rocks grew in time from there silicon, iron, aluminum, magnesium and oxygen with the help of the sun that now grew the planets that we know of today. As all the planets grew in time and formed to what we know them as, they all rotate in a clock ward motion. As the planets move together in the same motion they are creating energy within their centrifugal force, which keeps them in motion and growing with the support of the sun’s energy. Scientist’s Discoveries: Earth, Sun, Moon, Planets, Bodies The motions of the bodies in the universe were explained by several scientists between the 1490’s and the 1700’s. Initially, there was a widely held belief that the Earth was stationary and all of the other bodies revolved around it; this is called a geocentric model (Merali & Skinner, 2009). In the 1490’s however, a scientist named Copernicus began to address the fact that a geocentric model did not explain the movement of the planets. His discoveries began to show that a heliocentric system (sun is stationary, central and the planets revolve around it) was more likely based on noticing that planets temporarily reversed direction (Merali & Skinner, 2009). He surmised that the temporary reversal was because of the differences in time that it takes the Earth to orbit the Sun, versus the time it took for other bodies to orbit the sun (Merali & Skinner, 2009). Copernicus also determined that a body with a larger temporary reversal of direction was closer to earth and a smaller reversal was further away which could be tested by astronomical measurements (Merali & Skinner, 2009). Finally, Copernicus resurrected an old theory that the Earth spins on an axis which explains the rising and setting of the sun (Merali & Skinner, 2009). Copernicus’ discoveries led other scientists to also prove the heliocentric model. In the late 1500’s, Kepler discovered three laws that would bolster Copernicus’ heliocentric model, but would also prove his ideas about the shape of orbits wrong (Merali & Skinner, 2009). First, the Law of Ellipses says that each planets orbit is an ellipse and the sun is one focus (Merali & Skinner, 2009). Next, the Law of Equal Areas determines that the planet’s orbital speeds are not the same and therefore the closer they are to the sun the faster they orbit and alternately, the further from the sun, the slower the orbit (Merali & Skinner, 2009). Lastly, the Law of Orbital Harmony is a mathematical equation that determined that â€Å"the square of the orbital period in years is proportional to the cube of the planet’s average distance from the sun. † (Merali & Skinner, para. 11, 2009). Therefore, the Earth takes 356. 24219 days, or 1 year, to orbit the sun (Merali & Skinner, 2009). Even with these three valuable laws, it was Galileo and Newton who pulled the heliocentric model together. In the late 1600’s Galileo used a telescope to find four moons orbiting Jupiter which proved that Earth could not be at the center of orbital motion (Merali & Skinner, 2009). Galileo also determined that Venus had phases which could only be explained if Venus and Earth orbited the sun (Merali & Skinner, 2009). Finally, Galileo postulated that forces move bodies. Additionally, those bodies will only change direction or stop if influenced by another force and that force works equally on all bodies despite differences in mass (Merali & Skinner, 2009). It was this last concept that inspired Isaac Newton in the same period. Newton determined that if an apple was pulled to the Earth by gravity, then the moon would also be affected by gravity thus discovery that gravity influences all bodies on Earth and in the universe (Merali & Skinner, 2009). Conclusion Modern science will continue to have plenty of unanswered questions. The evolution of earth begins with the plate tectonics process that includes corollaries of mantle convention, contienental drift, seafloor spereading and explains the pattern of volcanoes, earthquakes, and mountain building. The atmosphere and oceans evolved 4. 5 years ago after the earth and moon completed their formational phases. With the help of Great Oxygenation Event (GOE), photosynthesis, and Cyanobacteria the earth produced oxygen. The formation of bodies occurred five billion years ago when the supernova explosion caused the birth of the sun and other planets. Issac Newton, Copernicus, Galileo, and Kepler were very important scientist from the 1490s and the 1700s who made many discoveries about the earth, sun, planets, and other bodies motions.

Sunday, September 29, 2019

Online Integrated Marketing Communication Essay

Integrated marketing communication – the evolution of a concept The IMC approach has received almost instant recognition at the end of the 1990s, as a result of the existing trends to reduce the budget allocated to mass advertising campaigns and to concentrate on segmented or personalised communication with final consumers. The increased fragmentation of media and customers, as well as the revolution introduced in mass communication by the new communication channels – internet and mobile communication technologies – has created the need for a new approach to marketing communication, that can insure centralised management and a consistency of corporate messages sent towards various audiences. The concept of IMC was defined in many different, often contradictory, ways: Pickton and Broderick (2001) claim that synergy is the principal benefit of bringing together the various facets of marketing communications in a mutually supportive way. Definition proposed by Keegan et al. (1992, p. 631): Integrated marketing communications is the strategic co-ordination of all messages and media used by an organisation to collectively influence its perceived brand value. At the heart of this definition is the assumption that the credibility and value of both the company and its brand(s) will increase, when messages transmitted to various audiences become consistent across time and targets. Another definition proposed by Duncan (2002, p. 8) demonstrates the current conceptual perception of IMC: A cross-functional process for creating and nourishing profitable relationships with customers and other stakeholders by strategically controlling or influencing all messages sent to these groups and encouraging data-driven, purposeful dialogue with them. The notion of stakeholders implies the shift in the IMC concept from customer target audiences to the inclusion of key stakeholder groups such as employees, investors, suppliers, distributors, media and the social community. The most significant organisation barriers for the implementation of the IMC concept: * lack of horizontal communication; * functional specialisation; * decentralisation; * lack of IMC planning and expertise; * lack of budget; * lack of database technology; * corporate culture; and * fear of change. The impact of the internet technology on marketing communication: The rapid development of the internet in the last ten years has changed the classical communication procedures (Blattberg and Deighton, 1991; Holtz, 1999), because of three specific and co-existent characteristics that differentiate it from any other communication channel: * Interactivity. The internet offers multiple possibilities of interactive communication, acting not only as an interface, but also as a communication agent (allowing a direct interaction between individuals and software applications). The traditional communication channel was uni-directional, Even when communication was considered a two-way process, the institutions had the resources to send information to audiences through a very wide pipeline, while the audiences had only a minuscule pipeline for communicating back. Now, the communication channel is a network, not a pipeline. Communicators have grasped and even embraced this new proximity, fact demonstrated by the vast number of web sites which display â€Å"Contact Us† buttons and links. However, in most of the cases, these new facilities are not fully used. * Transparency. The information published online can be accessed and viewed by any internet user, unless this information is specifically protected. * Memory. The web is a channel not only for transmitting information, but also for storing information – in other words, information published on the web remains in the memory of the network until it is erased. The new realities of how audiences get and use information: * The audience is connected to the organisations * The audience is connected to one another * The audience has access to other information * Audiences pull information (info has to be available where audiences can find it, and it must be customizable) { Today, we get messages from multiple media channels: email, voice mail, faxes, pagers, cell phones, interoffice memos, overnight courier packages, television (with hundreds of channels), radio, internet radio, etc. As a result, the media that used to provide an efficient channel of communication for practitioners have become now only noise that most of the audiences have learned to filter out} Different definitions of IMC: Some retail organisations track the interaction between the online user and their web site: â€Å"the time spent by a client on a specific web page can represent an indication of his/her present interest†. â€Å"We use the results provided by our online behaviour tracking system to create personalised promotions targeted to individual customers†. The meaning is not simply transmitted, but has to be negotiated separately with each online audience. The message needs to be adapted to the specific level of understanding and interpretation of each public, but, on the other hand, has to express the same core organisational values, in order to display a coherent organisational image If the company attempts to reach foreign audiences, the message needs to be adapted to the cultural specificity of the overseas public. This raises important questions regarding the possibility of integrated online marketing communication in the global context: â€Å"we often communicate with customers from various cultural and economic backgrounds. In these conditions we must apply a clear segmentation and positioning strategy, in order to match the needs of every cultural group with our marketing messages.† The specific characteristics of the internet therefore create two conflicting tendencies: (1) the fragmentation of audiences and communication contexts requires the customisation of online marketing messages; but (2) the interactivity, transparency and memory of the web necessitates the consistency of communication and the coherence of the transmitted meaning Below figure presents the place of integrated online marketing communication in the online CRM process of the firm. The customer data/feed-back collected online is used directly to better design and implement the online integrated marketing communication, which are then targeting selected online audiences. Correctly implemented, the IMC program is a continuous cycle of gathering data and implementing response-generating marketing communication which is based on previously gathered consumer data. the specific characteristics of the internet are making the implementation of integrated online marketing communication both inevitable and efficient for an online organisation. The transparency, interactivity and memory of the internet force the organisation to adopt a proactive-reactive attitude in online communication, and to combine consistency and continuity with flexibility and customisation. These characteristics can be integrated by designing and implementing a specific model of integrated online marketing communication. The use of advanced online applications to collect customer data and feed-back information is paramount for the success of the online communication campaign (O’Malley and Mitussis, 2002). Because of the high interactivity of the internet, the communication process has become a real-time dialogue. Important issues relevant for the implementation of integrated online marketing communication have not been addressed because of space and methodology limitations. These areas can represent the subject of future research projects investigating: the management process of integrated online marketing communication; the criteria used for selecting and combing various channels in the online communication mix; the relation between the organisation and web advertising agencies; or the challenges raised by the general integration and co-ordination of online and offline (traditional) communication.

Saturday, September 28, 2019

Class work Assignment Example | Topics and Well Written Essays - 750 words

Class work - Assignment Example ividuals also have a good social support network that they feel comfortable leaning on in times of difficulty† (Towson University: Relational Wellness, 2010, par. 1). One strongly believes that there is eminent strength and wellness through relationships with family and friends. They current provide the needed boost to pursue diverse endeavors and also encourage one to express personal feelings and emotions which is needed to support and sustain various activities in life. On the other hand, exemplifying the weakest dimension is in the financial wellness area. As disclosed in the resources page, â€Å"people with high financial well-being may have a lot of money or a little, but either way they are able to live within their means, not spending more money than they have. They are aware of where their money goes, and they have a budget that they stick to, as well as a long-range financial plan. They are aware of and meet their financial obligations and generally have a comfortable relationship with money† (Towson University: Financial Wellness, 2012, par. 1). Therefore, since one is lowest in this dimension, the traits indicated herein are oppositely applied to one’s personal experience. The current economic and financial difficulties contribute to this weakness as one needs to support various activities that could be be fully sustained by one’s level of income. From among the strategies revealed from the resources page, as could be applied to people found to have weaknesses in this dimension, the following were worth noting: (1) planning for future financial independence; (2) reducing one’s credit card debt, if any; (3) making a game of saving money; (4) read about strategies for increasing one’s financial wellness; and (5) talking with a parent, counselor, or advisor about how to improve one’s financial situation (Towson University: Financial Wellness, 2012). The resources page provide ample strategies where one could improve financial wellness, as

Friday, September 27, 2019

LAW OF EUROPEAN UNION. Discuss, with references to relevant EC Treaty Essay

LAW OF EUROPEAN UNION. Discuss, with references to relevant EC Treaty provisions and decided cases, whether or not a reference should be made in this case, and - Essay Example Article 234 of the EC Treaty provides a mechanism by which citiziens and bodies within the European Community may obtain clarification of Community law. In a typical case a question is referred to the European Court of Justice and the general puropose of Article 234 is to ensure that all laws within the European Community equally reflect Community law. In general Article 234 provides that the European Court of Justice will have the authority to â€Å"give preliminary rulings†1 with respect to: Article 234 goes on to provide that when â€Å"such a question is raised before any court of tribunal of a Member State,†3that court or tribunal may if it deems it necessary for the purpose of ruling in the matter before it, â€Å"request† a ruling from the ECJ.4 Moreover: â€Å"Where any such question is raised in a case pending before a court or tribunal of a Member State against whose decisions there is no judicial remedy under national law, that court or tribunal shall bring the matter before the Court of Justice.5 The result of Article 234 is the development and application of Community law. Principlay Article 234, the ECJ by deciding cases by way of references it rules on points of law and does not sit as an appellate court. In Foglia v Novella [1980) ECR 745 the ECJ ruled that it would only determine references arising out of genuine disputes and refused to accept a reference where a clause was inserted into a contract solely for the purpose of creating a legal challenge.6 In the case of Melicke v ADV/ORGA AG [1992] ECR I-4871 the ECJ refused a refence because it lacked specificity in the sense that the court was required to rule on a hypotheical bases. The ECJ ruled that it could not decide on the disputer because it did not have: The first issue for Jane is whether or not the Social Service Adjudicator presiding over Jane’s complaint is a proper body under

Thursday, September 26, 2019

The development of recommendations for best practices in Value-Chain Essay

The development of recommendations for best practices in Value-Chain Integration for UK Financial Services organisations adopting Business Process Outsourcing - Essay Example ater pressures on margins which, in turn, drive the need for improved operational efficiencies; second, the need to refocus on core competencies in order to improve competitiveness and third, growing numbers of easily available and capable specialist providers. Added to this is the fact that technological advances now make it easier for business to be conducted across many locations and partnerships. It should be noted that businesses are constantly re-evaluating their strategic operations and the definition of core and non-core is consequently in a state of flux. What is viewed as core today will not necessarily be viewed as core tomorrow. Certain core activities can be outsourced if there is considerable fluctuation in demand that does not justify full time increase in head count. The decisions on outsourcing are generally strategic. Deming (1982, cited by Odindo et al, 2004) advised companies to reduce the number of suppliers. Fewer suppliers with long term commitments can improve a company’s operation. â€Å"Not having to deal with many companies helps to minimise the complexities and costs that may result from inconsistencies and variety when more than one service provider is used† (Odindo et al, 2004). Sometimes companies outsource to their competitors when the only competency to serve them is found in competitors. Odindo et al (2004) have also pointed out that outsourcing can be used to harness innovation and talent beyond the confines of a company. It is not easy or generally possible for an organisation to have all the talent required for the company to innovate. Using outsourcing providers gives a company access to the provider’s innovative capabilities. The very nature of the financial services business means that companies are suitable candidates for outsourcing and many have become highly sophisticated users of these services. Financial services companies have fewer ties to a particular geographic location than other businesses and only a small

Wednesday, September 25, 2019

Bacterial transmission Thesis Example | Topics and Well Written Essays - 2750 words

Bacterial transmission - Thesis Example Respiratory bacteria are mainly dispersed in the air through droplets of saliva and mucous produced when one coughs, sneezes, talks or laughs (Shrutz, 2003). According to Rutala et al. (2006), the microbes, which are freely present in the the air, can in most cases be evident on computer keyboards. In this case, their source is likely to be from human contagion. According to Ellis (2006), German researchers evaluated the ability of transmittable organisms to thrive on non-living surfaces. They realized that bacteria that are gram-positive can thrive on dry surfaces for a long time, with the inclusion of vancomycin resistant enterococcus (VRE), methicillin resistant Staphylococcus aureus (MRSA), as well as Streptococcus pyogenes. The study further indicated that bacteria that are gram-negative bacteria thrive longer than the gram-positive ones. Kramer et al. (2006) stated that, a lot of the nosocomial pathogens could survive on surfaces for months. Further, with respect to the hospital environment, nasocomial pathogens are found to mainly infect the contact areas of hands (Ellis, 2006). These act as the medium for cross-transmission. This clearly shows the introduction of a constant transmission source if no standard measures for disinfection are taken. 1.1. Statement of the problem ... Be it in hospitals or any other public or private facility, the computer keyboard is being used every day to efficiently make service delivery more effective. Keyboards have been proven by researchers to be suitable fomites for bacteria to growth and thrive (Bergstrom, 2012; Hartman, 2004). This is due to the high level of contact increasing contamination, as well as their environment supporting the growth and development of the microbes. According to Anderson and Palombo (2009), research from Swisburne University technology in Australia showed that keyboards used by many people tend to be more contaminated by bacteria than personal ones. Furthermore, research by the University of Arizona as cited in Miller et al (2010) stated that an average PC has 400 times more bacteria than the average toilet seat. This clearly shows how keyboards used in hospitals require measures to counter the effects of the pathogens via strategic and sustainable 1.1. Background information This survey assess ed the presence of nosocomial pathogens and their resistance to drugs. Numerous studies recent past have been initiated with regard to the role played by the healthcare environment in the transmission of diseases (Kramer et al, 2006). A cause behind the transmission has been attributed to the inanimate surfaces that have been clearly described as definitive sources for outbreaks of nosocomial infections (Kramer et al, 2006). According to Rutala et al (2006), Enterococcus species are among the various bacteria that have been proven to be found in the healthcare environment. It has been considered less probable for a patient to contract a Healthcare Associated Infection (HAI) directly from an inanimate

Tuesday, September 24, 2019

Why the Islamic Financial System has the Strength to Mitigate the Dissertation

Why the Islamic Financial System has the Strength to Mitigate the Current Financial Crisis - Dissertation Example The present financial crisis has been held to be a consequence of the failure of the financial systems being followed in various segments of the world. From the evaluation of perceptions of the people across the world, it has been evaluated that they urge towards identification of an appropriate alternative to the present financial system. They desire for an alternative that holds strong prospect of avoiding financial crisis in the future. Following the search for a perfect alternative, it was observed that the Islamic financial system is argued to be the best answer to the present problem of the international economy. Various economists purported that Islamic financial systems bear strong possibility of becoming successful alternative to the present financial system. For critically evaluating the argument, various sources have been reviewed through library search. The findings have been analysed through primarily qualitative approach and presentation of quantitative data about the e ffectiveness of the Islamic financial system. The findings suggested that although the Islamic financial system holds strong prospect to evolve as the most effective financial system of the world, comprehensively it cannot be implemented in the International market. This is because the Islamic financial system is still challenged with certain loopholes, the presence of which can hinder its effectiveness. Evidences have been provided in this research study with respect to the Islamic banking system’s effectiveness in certain portion of the world such as that of Malaysia while at the same time evidences have also been provided of its inefficiency in certain other parts of the world such as that of Pakistan and Middle East. Table of Contents Chapter One: Introduction 5 1.1Background of the Research 5 1.2 Problem Statement 7 1.3 Aim, Objectives and Research Questions 9 1.4 Structure of the Dissertation 10 Chapter Two: Literature Review 11 2.1. Introduction 11 2.2 Origins of Islam ic Banking and Finance 12 2.3. Islamic Financial System 14 2.4. The Islamic Financial System and the Crisis 16 2.5 Strength of the Islamic Financial System 22 2.6 Weaknesses of the Islamic Financial System 26 Chapter Three: Research Methodology 28 3.1. Overview of Research Philosophy & Approach 28 3.2. Research Strategy 29 3.3. Validation of Data Source 33 3.4. Validation of Data Collection & Data Analysis Process 33 3.5. Limitations of the Research Process 34 Chapter Four: Findings, Analysis and Discussion 36 4.1. Introduction 36 4.2. Critical Evaluation of the Facts about Islamic Financial System 37 4.3 Empirical Evidence of Effectiveness of Islamic Financial Systems in other Counterparts of the World 44 Chapter Five: Conclusion & Recommendation 59 5.1. Overview 59 5.2. Facts Generated from the Research Study 59 5.2.1. Challenges Faced by the Islamic Finance System 59 5.2.2. Strengths of the Islamic Finance System that Helped it Survive the Financial Crisis 61 5.2.3. Reasons behin d the Growth in Islamic Finance 63 5.3. Recommendation for Future Works 64 6.0. References 66 7.0. Bibliography 81 Chapter One: Introduction 1.1Background of the Research According to the verse of the Great Allah (swt) about Islamic nation, â€Å"You are the best of the nation raised up for mankind because you enjoin what is right and forbid the wrong and believe in Allah†. The Islamic nations are blessed with the trait of being the world’s best nations brought up from humanity.1 The nation understands its responsibility well that people need to be aggressive in rising against immorality and unfairness. One of such wrong deeds, observed by the Islamic nations, is the economic coercion and injustice that is adversely affecting the world.2 The recent financial crisis initiated within the

Monday, September 23, 2019

The Empowerment of People from a Vulnerable Segment of Society Essay

The Empowerment of People from a Vulnerable Segment of Society - Essay Example I would like to reach the highest level of professional excellence, both in terms of gaining knowledge and experience and at the same time, gaining appropriate status. My short term objectives are to gain experience in the field and strive to establish a good reputation as a person with an innovative and progressive approach towards the welfare of society. My focus would be on the empowerment of people from a vulnerable segment of society. Hence, efforts would include the creation of facilitating a platform for the acquisition of skills and necessary knowledge for their professional growth. University education has made me well equipped to meet the challenges of the current time. I am a highly creative person and my degree has further facilitated and widened my area of knowledge that would greatly help me to apply the informed choices in the manner that befits the needs of the people. Hence, five years hence, I see myself as a CSR consultant who would be devising ways and means for t he global businesses to fulfil their corporate social responsibilities. Last but not the least important would be the adoption of reflective practices in my personal and professional arenas. Looking back at our actions and critically assessing them provides an opportunity to improve and improvise the working techniques. In the professional arena, the feedback from the peer population and colleagues give important insight into the flaws of the methodologies adopted and give us a valuable chance to develop professionally. Thus, reflective practice in my personal and professional life would continuously help me to grow in the fast evolving environment of competitive business dynamics.

Sunday, September 22, 2019

Mexican-American Assimilation at the Turn of the 20th Century Essay Example for Free

Mexican-American Assimilation at the Turn of the 20th Century Essay The first major wave of Mexican immigration during the twentieth century triggered physical as well as verbal attacks by white Americans. Immigrant labor camps were raided by whites espousing white supremacist beliefs. By 1911 certain politicians lobbied against further Mexican immigration. The Dillingham Commission argued that Mexicans were undesirable as future citizens. Nativist scholars and politicians feared mongrelization as a by-product of contact with Mexicans, and in 1925 a Princeton economics professor even spoke of the future elimination of Anglo Americans by interbreeding with Mexicans (Feagin and Feagin, p. 265). These themes reemerged in 1928 when a congressional committee attempted to set limits on immigration from the western hemisphere. Congressman John Box called for restrictions on Mexican immigration because the Mexican was a product of mixing by the Spaniard and low-grade Indians. This mixture, according to Boxer, was an obstacle to participation in American democracy. The image of the Mexican American male possessing innate criminal tendencies emerged during the World War II era. For example, in 1943, following the Zoot Suit Riots, the Los Angeles Sheriffs Department issued a report alleging that the Mexican Americans desire to spill blood was an inborn characteristic. Further, the report concluded that Mexican Americans were violent because of their Indian blood (Feagin and Feagin, 265). And as late as 1969, a California judge ruling in an incest case reiterated similar racist beliefs. He stated in court: Mexican people think it is perfectly all right to act like an animal. We ought to send you out of this country. You are lower than animals maybe Hitler was right. The animals in our society probably ought to be destroyed (Feagin and Feagin, p. 266). One of the most persistent stereotypes is the image of simplemindedness. In 1982 the U. S. Department of Defense issued a report explaining that lower test scores for Hispanics and African Americans as compared to white Americans were due to genetic differences as well as cultural differences. During the same year, the National Educational Testing Service, surprised by the excellent performance of 18 Mexican American students attending Garfield High School (a school situated in one of Los Angeles poorest Mexican American communities), demanded that all retake the exam. Allegations of cheating by the students was the reasoning of the testing administrators. The students eventually did re-take the exam; once again they received excellent scores. Other Immigrants: Mexicans and the Dillingham Commission of 1907-1911 http://www. jstor. org/stable/10. 5406/jamerethnhist. 30. 2. 0033 Biological Superiority of Whites. http://www. princeton. edu/~tleonard/papers/retrospectives. pdf John Box’s Proposed Immigration Limitations http://www. digitalhistory. uh. edu/disp_textbook. cfm? smtID=3psid=594 Zoot Suit Fights http://www. pbs. org/wgbh/amex/zoot/eng_sfeature/sf_press_text_04. html Mexican immigration general info http://www. jstor. org/stable/981093 Gutierrez, David. 1993. Significant to Whom? : Mexican Americans and the History of the American West. Western Historical Quarterly (24):4. http://www. jstor. org/stable/2702497? seq=3 THIS ONE IS MONEY.

Saturday, September 21, 2019

Police and Evidence-based Policing Essay Example for Free

Police and Evidence-based Policing Essay Evidence-Based-Policing Written by Desiree Rosch Instructor Atthur Moghalu Introduction to Criminal Justice Evidence-based policing is a style of policing that uses research to create or change policies to increase effectiveness. Lawrence W Sherman, an academic criminologist, is credited with making the term Evidence-based Policing (EBP) popular. During a lecture Sherman stated, Police practices should be based on scientific evidence about what works best. Starting in the 1960s several organizations were formed to conduct studies on how to better prevent crime and increase the publics confidence in law enforcement. The first of which was the Law Enforcement Assistance Administration created by Congress in 1969. There are many benefits to using an evidence-based policing stance, such as being able to see the actual results of your policies. This enables an agency to make necessary changes to the way they operate inorder to accomplish their missions more effectively, such as changing where and when units patrol certain areas. It also allows them to come up with completely new programs and procedures they may not have developed on their own. The disadvantage of using research to change the way a law enforcement agency operates is that those changes may be expensive to implement. The agency may even find that the way they approach a situation could be completely wrong according to the research. Another problem with an evidence-based policing system is that the results may be accurate for where the study took place, but may not reflect the samedata you would obtain in another area. Things like income, education levels, backgrounds, cultures, etc can influence the effectiveness of procedures based on studies in another location. The Kansas City Experiment in 1974 is the most well known example of studies done on law enforcement. The results of this study were not what researchers were expecting. The agency found that increased patrol units had no effect on either crimes committed or the publics perception of how safe they were. These findings changed the way many agencies allot their patrol units. Another study conducted in Redlands, California was on the procedure of sending a follow up unit to make contact with a domestic violence victim after the initial call.

Friday, September 20, 2019

Definitions of Project Success

Definitions of Project Success Using your own words, define â€Å"Project Success†. Describe some aspects of how you would approach a project to ensure delivery of successful project outcome.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Introduction Projects are defined by their scope, budget, and schedule. For example, an Agency is to undertake a project to design and build a new maintenance facility for its fleet of buses (scope), at an estimate of $30 million (preliminary budget) over a three-year period (schedule). The schedule specifies a defined beginning and end. Projects go through a life cycle of phases between their beginnings and end that for construction projects are typically: initiation, planning, design, construction, commissioning, and closeout. Project Success is defined in many ways but briefly means that it consists of many activities which have to be considered and completed within the constraints of time, cost, and performance. Project can be successful if the following factors are implemented. Time Period: Time plays a key role for completion of project. Every Project are constrained to a specific time period and within that time the project should be completed. There should not be any extensions if the completion date of project is finalised. Cost/Budget: It is also a key constraint for all projects in a limited budget. Projects should run within the budget allocated. All requirements should be fulfilled within the budget limits and the resources should be used efficiently to complete the project. Generally the project manager develops the budget based on the cost estimates at the beginning of each project phase and refines it once there is better information defining the scope. Refining the budget occurs through studies and analysis in the design development process through the Preliminary engineering phase.   When Agencies try to fix the budget too early in the project life cycle, they are surprised by the significant increases in the budget over what was set forth in the Capital Improvement Plan. The budget should not be fixed as baseline until after completion of the preliminary engineering phase. Performance: SocioCultural Issues: Sociocultural factors play an increasingly significant role in the development project management. This aspect produces a provisional social system within a well-built organizational environment that unites the talents of a different set of professionals working to entire the project. Project managers should build a supportive social network among a different set of collaborators with diverse standards, obligations, and views. Since People are the essential part of project, the essential factors narrating people in project management are teamwork, communication, leadership, negotiation, problem solving, behavioural characteristics and conflict management. Projects success greatly depends upon the commitment of all the team members to achieve the common goal. To select the right members and ensure good team work within the project team is a challenge for the project manager. Effective communication is essential; the main objective of communication in project management is to perceive that there is a general understanding of the project. Leadership involves identifying and articulating the need to considerably change the direction and function of the project, aligning people to the latest direction, and motivating them to work collectively to conquer hurdles produced by the change and to understand innovative objectives. Negotiation is the process of planning, discussing, suggest, trade-offs, bargaining and agreeing. The factors like resources, assignments, scope, cost and schedule of objectives are managed by the project staff in a project. The project manger should be capable of identifying and analysing problems related to technical and managerial aspects in a project. By constructing problem-solving in a project and problem collaboration in project team then these problems are dealt swiftly. Problem definition and decision making are involved in problem solving. Behavioural characteristics are the factors that divide and depict a persons favoured way of acting, interacting, and responding in a variety of circumstances. The behavioural characteristics which are essential for project management are thoughts, common sense, progressiveness, adaptability, creativity, prudent risk taker, equality and commitment. In several organizations, conflicts occur between employees as a normal result of employee relations. The project manager needs to identify the objects and behavioural components of conflict. In any organisation conflicts can be managed by collaborating, compromising, smoothing, avoidance and competing.  Ã‚     Ã‚   1. Project Mission- It should have defined goals and general directions. 2. Project Schedule/Plan - A detailed specification of the individual activities for the project Implementation. 3. Client Consultation - There should be regular consultation, communication and active participations in all meetings. 4. Personnel Recruitment, Selection, and Training of the necessary personnel for the project team. 5. Technical Tasks For a certain project there should be availability of the required technology and expertise to accomplish the specific technical action steps. 6. Clients Acceptance - The act of selling the final Project to its ultimate intended users. 7. Monitoring and Feedback- Timely provision of comprehensive control information at each stage in the implementation process. 8. Communication The provision of an appropriate network and necessary data to all key actors in the implementation process. 9. Trouble-shooting - Ability to handle unexpected crises and deviations from plan. 10. Top-Management Support - Willingness of top management to provide the necessary resources and authority/power for project success. Question 2 (5 Marks) Describe the role of the Project Manager. Discuss the extent to which the power of the Project Manager is dependent upon the organisational context. (Note assume the organisation is the employer of the Project Manager).  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚      Introduction: Definition: A project manager is the person who has the overall responsibility for the successful planning and execution of a project. Aim Of Project Manager To understand the nature of the work. To make sure that customer is satisfied. To ensure quality and safety of the work done. To ensure work is done within the specified budget. To ensure work is done within the specified time limit. To coordinate the activities of various team members to ensure that they perform right task at the right time as a cohesive group. Role Of Project Managers Planning Organizing Controlling Leading Communicating Cognitive functions Self management functions Motivational and personal development functions Customer awareness functions Organizational savvy functions Planning Defines the project objective and reaches agreement with the customer on this objective. Communicate this objective to the team members for successful accomplishment of the objective. Along with the team members development plan is prepared. Review of the plan with the customer. Project management information system is formed to compare actual progress to planned progress Organising Involves securing the appropriate resources to perform the work. Identify the various type of activities which are to be performed. Assign responsibility and delegates authority to specific individuals or sub contractors. To ensure these activities are completed within specified budget and schedule. Controlling Implements a project management information system to   compare actual progress to planned progress. Monitors the assigned tasks and regularly get data on progress, schedule and costs. Immediate actions are taken if actual progress falls behind planned progress. Along with the team members he/she decides appropriate corrective action and how to replan those parts of the project. He/she must be proactive, resolving problems before they become worse. Leading Clearly define roles, responsibilities and performance expectations. Foster collaboration among team members. Removing of obstacles that hampers team progress, readiness or effectiveness. Promotes team participation in problem solving and decision making as appropriate. Passes credit on to team, and promotes their positive visibility to upper management. Appreciates, promotes and leverages the diversity within the team. Communicating Communicate effectively with all levels inside and outside of the organizations. Negotiate fairly and effectively. Brings conflicts into the open and manages it collaboratively and productively. Able to influence without relying on coercive power or threats. Conveys of ideas and information clearly and concisely, both in writing and orally. Cognitive Functions Gathers information systematically; seeks input from several sources. Considers a broad range of issues or factors when solving problems. Collects the appropriate quantity of data for the situation before making a decision. Draws accurate conclusions from quantitative data. Makes decisions in an unbiased, objective manner using an appropriate process. Self Management Functions Maintains focus and control when faced with ambiguity and uncertainty. Shows consistency among principles, values and behavior. Resilient and tenacious in the face of pressure, opposition, constraints, or adversity. Manages implementations effectively; recognized as someone â€Å"who gets things done.† Actively seeks feedbacks and modifies behavior accordingly. Actively pursues learning and self development opportunities Motivational And Personal Development Functions Considers individual skills, values and interests when assigning or delegating tasks. Allows team members an appropriate amount of freedom to do the job. Continuously seeks and offers opportunities for personal and professional growth. Provides for training and support when needed. Gives timely, specific and constructive feedback. Customer Awareness Functions Anticipates customers needs and proactively strives to satisfy them. Accurately translates the customers verbalized wants into what they actually needs. Seeks to understand customers and their business. Actively build and maintain strong customer relationships Responsive to customers issues, concerns and queries. Actively strives to exceed customer expectations. Organizational Savvy Functions Involves the right people at the right time Understands, accepts and properly uses power and influence in relationships. Builds and leverages formal and informal networks to get things done Knows the mission, structure and functions of the organizations and others Understands profitability and general management philosophy Balances interests and needs of team/project with those of the broader organization Conclusion â€Å"The Project Manager is a key ingredient in the success of a Project. In addition to providing leadership in planning, organizing and controlling the Project, the manager should possess a set of skills that will both inspire the project team to succeed and win the confidence of the customer. Effective Project Managers have strong leadership ability, the ability to develop people, excellent communication skills, good inter personal skills, the ability to handle stress, problem solving skills and time management skills†.

Thursday, September 19, 2019

Essay --

Introduction: I chose this topic; because I thought it would be fun to make a four-way switch that turns on the same light. I got the idea to make one when I went online to search for the perfect project idea. I found information about a three way light switch and decided that this is what I want to do, but to make it more difficult I decided to create a four way light switch instead. It sounds like the perfect experiment to try. I felt that if I did this project I would learn more about electricity and the way it works. What is a four way light switch? A four way light switch is an electric switch that uses electricity to power a light bulb that can be turned on by four different places and not just one or two. The great thing about a four way light switch is that there can be more then one way to turn on one single light. In order to achieve the perfect four ways light switch the four-way switch must be in the center of two three light way switches in order for the whole p roses to work. A hot wire or wire of 120 volts will connect from a battery to the light bulb. A wire that is neutral will also be connected from the battery to the light bulb. The third wire can’t be neutral or 120 volts (hot wire) and will just float near the 120-volt wire. The third wire that is neither neutral or 120 volts, and 120 volt wire will connect when the switches are turned on and will produce the light. When the light will be turned on the switches should be one circuit in order for the light bulb to turn on and the electrons to travel through the circuit. The switches must be either up or down at the same time in order for the electricity to flow. If one of the switches is up and the other is down the light will not work. If one o... ...ire. When the switch in the center of the hot wire is crossed it must touch both the blue and hot wire. To make the cross switch work you must make sure that when you cross the switch in the center of the hot wire and cross the switch in the center of the blue wire that they both are touching both wires, only then will the four-way switch work. The switches must be made in a way that they make a complete circuit. The electric cells in the battery will cause the electrons to then travel from the negatively charged electricity to power the light. Once it has touched the filament witch is a metal it will conduct electricity. The melting point of 6,580 degrees F happens inside the light bulb when it is turned on. The electricity then continues to travel through the neutral wire so that the energy can go back to the power source or battery and complete the circuit.

Wednesday, September 18, 2019

Lewis and Lewis, P.C. :: Accounting Firms Business Analysis Essays

Lewis and Lewis, P.C.   Ã‚  Ã‚  Ã‚  Ã‚  Lewis & Lewis, P.C. is a small, Jackson-based accounting firm that employs thirty-five people and was founded by Phil Willis in 1968. It exhibits many interesting aspects of organizational behavior, which we will examine below from several perspectives. After examining the company's current policies and practices, we will evaluate its status in the transition from the "old" to the "new" model of organization, and recommend some changes that may improve the way Lewis & Lewis operates. From a Strategic Perspective Physical Description   Ã‚  Ã‚  Ã‚  Ã‚  Lewis & Lewis, P.C. is located in a quiet suburb of Jackson, Michigan. It is a forty-five minute drive from Lansing. The two-storied building is built on a slightly elevated hill with spacious parking lots in the back and to one side. The outer walls are of a pleasant beige brick which is in keeping with the calm atmosphere of the community and of the landscape. Right in front of the building there are columns and the large main entrance is toward the rear off the parking lot.   Ã‚  Ã‚  Ã‚  Ã‚  The appearance of the building is well harmonized with the surroundings. However, it gives guests the impression of dignity and openness. Directly inside the main entrance to Lewis & Lewis is a small but welcoming lobby, with a natural stone floor, stylish but difficult to walk on in heels. There is a narrow open closet for guests to hang their coats, and several chairs arranged around a table on which are placed the company newsletter and other publications. The receptionist's desk is facing the entrance door, and behind it sits a friendly young woman. The partners' offices are found against the two farthest external walls, noticeably removed from the rest of office. The other external walls are lined with the offices of the professionals, with large windows overlooking the pleasant exterior. The remainder of the office space is segmented with partitioning walls, forming a sort of cubicle labyrinth. In the center of this maze is a small kitchen where employees gather and converse informally. Adjacent to the kitchen is a small work area with copy machines and office supplies. In a corner of this floor is a set of uninviting sta irs leading to the ground level, where the conference room is located. The conference room itself is spacious and handsomely decorated, with a large table and comfortable chairs, a video center with television and VCR. The seating is limited to fourteen people. Task and Job Description   Ã‚  Ã‚  Ã‚  Ã‚  Tasks are distributed on the basis of specialization: auditing, tax, government and consulting. Very few tasks are performed by routine; each day may include new procedures for each employee.

Tuesday, September 17, 2019

Ernest Hemingway’s Hills Like White Elephant Essay

Hemingway’s literary opus â€Å"Hills Like White Elephants† is a perfect example of how setting and symbolism are utterly utilized in emancipating the plot. The story is simple. There are no subplots and change in characterization. It is about abortion, although mentioned as an â€Å"operation† in the story. Through the gradual suggestions of symbolic parts, the reader is able to understand where the conversation heads to after the first reading. The most conspicuous symbolism is lifted from the title itself. The elephant shaped hills referred to Jig’s pregnancy. It was said to be white as the life inside her womb echoes purity and innocence. Another symbol would be how Hemingway introduced a detailed description of the setting in the first two paragraphs to show the difference of the present and the future situations. The valley of Ebro suggests possibility of life, in contrast with the shade-less and tree-less side of the train station which anticipates the perplexity of the present (Fletcher 18). The reader can already infer miscommunication between the couple since the word ‘abortion’ was never mentioned in the entire text (Cioe 101-105). Then and there, the conflicting standpoints of the couple are mirrored. The man is deemed to be immature to convince Jig to go through the process, assuring her that everything will be fine after. Jig, on the other, hints on the stereotypical woman being submissive to a man, since she allows herself to be as composed as possible, despite other implications that she does not want to have the â€Å"operation†. The ending is still ambiguous to most Hemingway enthusiasts. Each has their own interpretation. Whether the couple allowed abortion to happen or not, the story ends with a striking occurrence that can never change the fact that there is no other way but to decide on what is imminent: the man picks up the bag, readies himself for the train ride; Jig still sitting at the table and just smiled. Hemingway must have left this hanging ending for us to judge ourselves and relate this particular dilemma to our present conditions. Thus, this short story propels further discussions that would include morality, gender issues and youth’s fickle-mindedness.

Monday, September 16, 2019

Biography of Nelson Mandela

Nelson Mandela was a very influential man in the South African society. Throughout his life he had his ups and downs. He went from being in jail for life, to being the president of South Africa. In his life he had one dream and goal, which he never gave up on, even when he was faced with extreme adversity. Rolihlahla Mandela was born on July 18, 1918 in a village near Mthatha in the Transkei, called Mvezo, to Nonqaphi Nosekeni and Henry Mgadla Mandela. When his father died in 1927, Rolihlahla became the ward of Jogintaba Dalindyebo, the Paramount Chief, to be made to assume high office. Rolihlahla dreamed of playing his own part in the freedom struggle oh his people from hearing the elder’s stories of his ancestor’s valour during the wars of resistance. Soon he was going to school to get an education at a local mission school, and soon he was given the name Nelson. Soon he was sent through many schools through the years and enrolled at the University College of Fort Hare, and there he got his Bachelor of Arts Degree. At the end of Nelson’s first year at college, he started to become involved in a Students’ Representative Council boycott against the university’s policies, and soon he was told to leave Fort Hare and to not come back unless he accepted election to the SRC. Nelson Mandela grew up in a system of Apartheid. The whites were treated as the best race of all. Also the white are the ones who led the government. In South Africa, whites were considered a minority. Throughout Nelson’s life, the black people were treated worse than everyone else. Growing up Nelson Mandela could only go to schools for the blacks. Apartheid was developed after World War II by the Afrikaner-dominated National Party. The racial groups were classified into four, Native, Asian, coloured, and white, and residential places were segregated, sometimes by means of force. The government segregated, medical care, beaches, education, and other public services, and the government gave the blacks worse services and the whites better services. Nelson spent his whole life trying to change this racial segregation. Nelson was in a group of 60 people called the African National Congress. He was a leader with William Nkomo, Sisulu, Oliver R Tambo, Ashby P Mda. The group set themselves to the task of creating this group into a mass movement. Soon they formed the African National Congress Youth League. Nelson impressed everyone with his hard work and was elected as the league’s National secretary. The group soon set out to try to change how the government was working and the laws of apartheid it was putting on the people. The African National Congress launched a campaign for the Defiance of Unjust Laws. Nelson was elected Volunteer-in-Chief, and travelled the country organizing resistance to discriminatory legislation. This Campaign was determined as defiance and Nelson and 19 others were brought to trial. Nelson was charged of contravening the Suppression of Communism Act and given a suspended prison sentence. Soon after the end of the campaign, Nelson was also not allowed to attend gathering and had to stay in Johannesburg for six months. Nelson still led resistance movements, against the government. During all of the ‘50s, Mandela was victim of many forms of repression. He was arrested, imprisoned, and banner. On March 1956 a five year banning order was enforced against him. During the whole of the ‘50s, Mr Mandela was the victim of various forms of repression. He was banned, arrested and imprisoned. A five year banning order was enforced against him in March 1956. The government was paying a lot of attention to Nelson and had to move from place to place to not be detected by the all of the informants that the government had and all the police spies. To evade detection Nelson had to have a number of disguises ranging from a laborer, to a chauffer. Nelson soon spent some time abroad for several months. When he returned to South Africa, he was charged with illegal exit of the country, and incitement to strike. Nelson decided to be his own defense in his trial. One thing he said in the trial was, â€Å"I detest racialism, because I regard it as a barbaric thing, whether it comes from a black man or a white man. † He lost his trial and was sentenced to five years in prison. When Nelson was brought back to Pretoria in July 1963 he encountered Thomas Mashifane. He then knew that their hide out had been discovered by the authorities. Nelson and ten other were then charged with sabotage. The trial in court for them lasted for 8 months. At the end of Nelson’s statement he said, â€Å"I have fought against white domination, and I have fought against black domination. I have cherished the ideal of a democratic and free society in which all persons live together in harmony and with equal opportunities. It is an ideal which I hope to live for and to achieve. But if needs be, it is an ideal for which I am prepared to die. † All but to of the accused people were sentenced to life in prison. There Nelson was faced with many prisoners and prison warders who influenced him, and he also influenced them. While he was in prison, Nelson rejected all the offers made by his jailers for a shortened sentence as long as he accepted the Bantustan policy by recognizing the independence of the Transkei and agreeing to live there. Nelson was released on February 11, 1990. He then set out wholeheartedly, wanting to complete the goals he and other tried to do years ago. After being banned for decades the African National Congress had its first national conference. Nelson was elected president while his great friend Oliver Tambo was elected as the organizations National Chairperson. Nelson Mandela was awarded the Nobel Peace Prize on 1993, after his life that symbolizes the triumph of the human spirit. He was awarded this on behalf of all South Africans who suffered and sacrificed so much to bring peace to South Africa. The era of Apartheid ended on April 27, 1994. Nelson voted for the first time in his life then. After all his ups and downs, and all the adversity he faced, Nelson Mandela was inaugurated as President of South Africa.

Sunday, September 15, 2019

Born in China Essay

I was born in China, a country that has long been known for its excellence and leadership in terms of math ability and numerical problems solving. Just like any Chinese child, I was raised surrounded by numbers and even learned to count in numerical order in Chinese and English before I learned the alphabet. In 1996, my family migrated to Hong Kong where I continued with my education. It was during this educational period that my love for numbers slowly emerged. Nobody could seem to understand, not even I, why I could not sit still in the classroom and listen to the teacher as she taught our classes but then sit very still and attentively every time the subjects leaned towards the Math and Science subjects. While I was bored during the other classes and almost falling asleep in my chair, I would come to life and be the most active participant during classroom discussions that involved numbers. By the end of my secondary school education in Hong Kong, it was pretty obvious to everyone around me that I had a very good head for Math and that this unique ability should be honed and harnessed in order to help my development as a person and member of society. I was lucky enough to have been given a chance to come to the USA in order to under take my college education. This began with my attendance at the Pasadena City College for one year and then my eventual move to East Los Angeles College. My major in both colleges has consistently been Business and Accounting. This is evident in all my grade transcripts as it shows that I performed quite remarkably in the Accounting related subjects while I struggled in the others. Somebody once asked me if I thought that Accounting was unfair because some people excelled in the subject while others did not. At first I was not sure about how to answer his question but then I realized that Accounting is not an unfair thing. The problem that most people have with accounting is that they have very short attention spans. A short attention span has no place in the accounting field because this exacting numbers crunching game requires an analytical eye and tremendous patience in order to be able to properly analyze and give attention to each and every number indicated on the spreadsheet. Accounting is not for the impatient. I will admit that Accounting is a true passion for me. I can work on any accounting scenario for hours on end and not get tired of it. I guess this is why my aunt decided to hire me to work at her dental office. She asked me to come and work for her as her accountant. I was ecstatic when she offered me the job because for me, an accounting job is a dream come true. Anybody who know show crazy I am about Accounting will attest to the fact that I can spend a whole day staring at balance sheet and comparing accounting records. Actually, one of my favorite activities at my aunts office, Garfield Dental, was to work on the forms for the insurance payments, aside from working at the front desk and doing other paperwork for the office. Indeed, numbers is the greatest passion of my life. It is the one other thing that, aside from my parents, taught me the value, patience, hard work, concentration, and discipline. Numbers was the one constant in my life that I could depend upon. Accounting problems are definite and therefore the outcome will always be the same. The solutions remain constantly unchanging. Accounting and Math are passions that are not easily shared with other people. Yet those that do share that kind of passion have a higher level of maturity and sense of discipline. Truly, these are the kinds of passions that the French philosopher Dennis Diderot was referring to when he said that â€Å" only passions, great passions, can elevate the soul to great things. † Such is my passion for Accounting and such also, is the passion for learning that I shall take with me once I am admitted as a student into USC.

Saturday, September 14, 2019

Constitutional Law and European Integration

There are few cases that rival Factortame in being concurrently substantively clear and decisive, and perplexing as to its full impact. The scope of the change to the UK constitution that has been instigated by it and other European Court of Justice decisions has been conceptualised as ranging from a ‘legal evolution’ to ‘revolution’. Although some theories are more convincing than others, each faces its own weaknesses.However, notwithstanding the conclusion of this particular speculative debate, the processes of European integration has undoubtedly quickened the pace at which UK Parliament and courts as part of a globalised world have had to squarely confront these constitutional changes, especially the departure from Parliament’s stronghold over the constitution. A Diceyan view of the UK constitution is no longer compatible with the current relationship between UK and EU law.It was decided in Factortame and confirmed in Equal Opportunities Commissio n, that the implications of the European Communities Act 1972 s. 2(4) is that EU law has supremacy in the case of clashes between EU and national laws. Within the orthodox view that Parliament is absolutely sovereign, inconsistencies between Acts of Parliament are to be dealt with by applying the doctrine of explicit or implied repeal to give effect to the later Act which is simply another illustration of how no Parliament can bind its successors.It would never have been open to national courts to declare provisions within primary statute incompatible with EC law either temporarily or permanently as it is today. However, so long as UK remains a part of the EU, EU law will prevail when inconsistencies arise and any derogation from this position will have to be done expressly and unequivocally. Therefore, even if the current position of Parliamentary sovereignty cannot clearly be defined, Factortame and EOC alone emphasise the unworkability of a Diceyan view of Parliamentary sovereign ty in an European context.A radical but yet convincing argument that conceptualises the constitutional implications suggests that, EU law is able to place a substantive limit on Parliament’s law making authority on overlapping areas because being a member state has partially changed the rule of recognition of Parliamentary sovereignty. Although this necessitates presupposing Parliamentary sovereignty is a legal principle, not a purely political one, it seems justified because instead of accepting Parliament to be sovereign merely by its existence, it allows for a justification based on normative rguments. This is important considering that the UK is a modern democracy and intrinsically different to the state it was in when the doctrine of Parliamentary sovereignty was originally developed. Being a legal phenomenon, the scope of Parliamentary sovereignty evolves through the judgments of the court which provides a more balanced and legitimate decision than considering just a po litical aspect because the political realities are still considered but are weighted against other principles such as the rule of obedience to statutes.Furthermore, courts are gradually developing the idea that the authority of Parliament to make law is something that is subject to, and therefore controllable by constitutional law. For example, in the domestic case of Anisminic, the scope of Parliament’s authority to confer on public authorities powers which are not subject to judicial review was sharply limited. Thus, the effect of ECJ decisions on the constitution has been to develop it to a stage where Parliament is no longer sovereign at times when, and only when, inconsistencies between EU and national law occur within a field where both laws operate.On the other hand, Sir William Wade would argue that ‘constitutional revolution’ rather than a mere evolution has resulted. However, this argument is not only at odds with Lord Bridge’s judgement but lack s plausibility in itself. He explains that the courts have acted unconstitutionally and shifted their allegiance because Parliamentary sovereignty being a ‘rule of recognition’and a solely political norm, is a constitutional fixture which may only be ‘diminished’ as a matter of practical politics.There is a real difficulty in accepting this because it would suggest judicial whim may reverse a commitment that was reached democratic consensus among all branches of government and wider society through public referendum. This formidable weakness of Sir William Wade’s argument supports viewing Parliamentary sovereignty as, at least partly, a legal concept. Although the theory that it is possible for the EU to place substantive limits to Parliamentary sovereignty accommodates the ‘voluntary’ contractual argument and ‘functional requirement of EU’ arguments that Lord Bridge presents, it is not without limitations either.It fits wel l with Lord Bridge’s alternative reasonings because they suggest that Parliament does have the power to limit its own powers and that the present conflict should be tackled on principled bases. This is important because legal phenomenon arise out of case law and albeit sparse, his judgment was the only one to address the topic. However, the persuasiveness of this argument is reduced by the fact that it simply leads us to another equally difficult question of what legal means set the width of its powers.The judges themselves seem to be in disagreement amongst each other about this as Lord Hope says ‘measures enacted by Parliament’ itself whereas Laws LJ says the unwritten constitution as interpreted by the judges which seems legitimate but in practical terms, leaves everything just as uncertain. So far only the implications of ECJ case law has been discussed but there are other elements to European integration such as the doctrine of direct effect and the European Union Act 2011 which have affected the development of the UK constitution.These developments suggest that the â€Å"new view† is the most plausible representation of Parliamentary sovereignty today because referendum locks and the possibility for individuals to present a case in national courts on law derived from sources other than Parliament present limitations on Parliamentary sovereignty but not in the substantive sense discussed above. Proponents of the â€Å"new view† view that ultimate sovereignty remains with Parliament but it may have to conform to certain manner and form limitations.The appealing factor of this model is that it also accommodates for the limitations that Human Rights Act proposes on Parliamentary legal authority as well. Yet it is problematic in that the EU has explicitly stated in s2 of the ECA that on at least an EU level, Union law is regarded as supreme and this theory fails to encompass this dimension of the relationship between domestic and EU law. Most importantly, it accentuates how the increasingly multi-layered nature of the constitution must be taken into account in the broader debate.The holding of a point of absolute power faces pressure from outside as well as inside the nation. When the broader question of whether we should be edging away from political and towards a more legal constitution is considered in light of the multi-tiered constitutionalism arising from the Parliamentary Acts of 1911 & 1949, Human Rights Act, Devolution as well as EU membership, it would seem that to maintain a wholly political view of Parliamentary sovereignty in any context would be to deny reality.However, anything more exact requires us to assess what balance between adaptability and elasticity from maintaining a political constitution, and protected rights and principles from a legal constitution will provide the checks and balances necessary in dealing with the legal and political challenges of today. Due to declining publ ic reputation of Parliament and diminishing respect for political process generally, as well as the aim of Parliamentary sovereignty having originally been to secure the broadest possible basis for ensuring democracy and legitimacy, we may not have to be so uneasy about adopting a more legal constitution.The UK constitution must embrace the emphasis it has always placed on a dynamic experience and once again, like with the case of devolution, make a smooth transition before political repercussions manifest themselves. ——————————————– [ 1 ]. R v Secretary of State for Transport ex parte Factortame Ltd [1990] ECR I-2433 [ 2 ]. Paul Craig, ‘Britain in the European Union’ in The Changing Constitution (7th ed, 2011) pg120 [ 3 ]. HWR Wade, ‘Sovereignty- Revolution or Evolution? ’ [1996] 112 LQR 568 [ 4 ].R v Secretary of State for Employment ex parte Equal Opp ortunities Commission [1995] 1 AC 1 [ 5 ]. HWR Wade, ‘The Basis of Legal Sovereignty’ [1955] CLJ 174 [ 6 ]. Paul Craig, pg121 [ 7 ]. 17th century –Glorious Revolution, Bill of Rights [ 8 ]. TRS Allan, ‘Parliamentary Sovereignty: Law, Politics, and Revolution’ [1997] 113 LQR 447 [ 9 ]. Mark Elliott and Robert Thomas, ‘Public Law’ (2011, Oxford) pg334 [ 10 ]. Anisminic v Foreign Compensation Commission [1969] 2 AC 147 [ 11 ]. Wade, ‘Sovereignty- Revolution or Evolution? ’ [ 12 ]. HLA Hart, ‘The Concept of Law’ (1996, Claredon Press) [ 13 ].Wade, ‘Sovereignty- Revolution or Evolution? ’ [ 14 ]. UK European Communities membership referendum 1975 [ 15 ]. Lord Bridge in Factortame [ 16 ]. Paul Craig ‘Britain in the European Union’ in Jowell and Oliver (eds) TheChanging Constitution (7th edn, Oxford, 2007) pg 121 [ 17 ]. Jackson v Attorney-General [2005] UKHL 56 [ 18 ]. Thoburn v Sunderland Ci ty Council [2002] EWHC 195 [ 19 ]. Sir I. Jennings, The Law and the Constitution (1959) ch. 4 [ 20 ]. Jonathan Sumption ‘Judicial and Political Decision-making: The Uncertain Boundary’ [2011] Judicial Review 301

Friday, September 13, 2019

Ben Franklin Norris

Ben Franklin Norris Essay Benjamin Franklin Norris, one of the leading figures in the naturalistic style of writing, was born in Chicago in 1970. During his teenage years he moved to 1822 Sacramento Street to live with his father in San Francisco. He traveled to Paris and studied Art and was first exposed to one of his influential writers Emile Zola. He returned to San Francisco and studied the philosophy of evolution at the University of California at Berkley. He transferred to Harvard and took writing classes under Lewis E Gates. Upon graduating he attempted to make a name for himself as a travel writer. He traveled to South Africa and wrote an article about the Boer war. His plans to stay there were cut short as he was captured by the Boer army and deported back to the United States. When he returned to San Francisco, Norris began writing for the magazine The Wave. It was at The Wave that he wrote his first published article that later turned into a novel. Norris continued to work as a journalist, covering the Spanish-American war and he published a few more novels. In 1900, he began work on his second trilogy and most influential set of writings called The Epic of Wheat. The first book of his trilogy, The Octopus, was published in 1901. The second novel, The Pitt, was just near finished when he suffered from appendicitis and had to go under the knife to have his appendix removed. Unfortunately he never recovered from his surgery, and the third book of his trilogy was never written. Norris was married to a girl named Jeanette, and had bought a ranch ten miles west of Gilroy, California along route 152. Because of his death, he never got to stay there and continue writing as planned. His body is buried at the foot of Piedmont Avenue in Oakland, California, plot twelve, lot 105, site 11, on the cemetery map. Although Benjamin Franklin Norris, or Frank Norris as his gravestone reads, died at the young age of 32. He still managed to be recognized to be one of the best naturalistic writer s at the turn of the century. Norris had a short life, but it was packed full of things that had a huge impact on him. He witnessed different wars, and the industrial revolution firsthand. As a naturalistic writer, your experiences are what drive your work. Norris writing was very creative as a result of his experiences. You also could tell about his life by looking at the themes in Norris fiction books. A great example of this, is the impact of the industrialization on what he thought of as peaceful agricultural communities. The chaos of the people who lived in those communities was an expression of Norris discomfort of what was going on in his life at that time. These themes are best showcased in his novel, The Octopus. The tentacles of the octopus are a metaphor for the twisting steel tracks of the railroad choking the countryside. Norris got the idea for The Octopus from the Santa Carla valley___ where he stayed on extended vacation. It was that valley where he became aware of t he struggle between the farmers who grew wheat and the railroad monopoly that controlled the transportation of it. In The Octopus, the war is fought out in the open with violence and also behind closed doors with bribes. With this novel, Norris single handedly created a social drama in American literature. This was done through his interpretation of the ruthless era. The Octopus is hailed by many critics as Norris most impressive work or as Warren French said, A magnificent, imaginative achievement, one of the few American novels to bring a significant episode from our history to life. According to Norris, realism is the literature of the normal and the representative. The smaller details of everyday life, things that are likely to happen between lunch and supper. He says naturalism brings together the best from realism, romanticism, while displaying detailed accuracy and philosophical depth. It is a school by itself, unique, somber, powerful beyond words. Its Naturalism NorrisWord s/ Pages : 726 / 24 READ: Quick History Of Art Essay Research Paper

Analyse and critically discuss the statement below Essay

Analyse and critically discuss the statement below - Essay Example ch as GE, Apple and others use these terms and their associated theoretical underpinnings to gain competitive advantages and their example becomes important while we try to understand the connection between theory and practice. For instance, when it comes to creating a purpose or strategy for an organization, GE uses the vision of the company to guide itself in where it wants to be over a given period of time. No company in the world across any industry in any location is as well respected as GE (Demos, 2006). Throughout its existence, and more recently in the last few years, analysts from the fields of management, human resources and organisational studies have all given their respects to GE (Fisher, 2006). A large part of this respect comes from the way GE handles its human resources of which examples have been given by those who have been a part of GE as well as those who have observed it from afar. In essence, the handling of human resources at GE is deeply linked with their idea of the mission and vision of the company. In theory, the functionalist paradigm of human resource management connects greatly with the idea of rationality and thus rewards as well as punishments become a rational method for ensuring continual behaviour of one type or another. Consequentially, these are an intrinsic part of the management system at GE (Kerr, 1996). Welch (2005) reports that, â€Å"We publicly rewarded people who drove the mission and let go of people who couldn’t deal with it for whatever reason (Welch, 2005, Pg. 16)†. The idea of publicly rewarding top performers ensures that those who see it happen know why some individuals are being rewarded more than others. On a simpler level, the individuals who were rewarded would have a harder time in leaving the company and their strategic relationship with the company would evolve and be strengthened (Henry, 2006). Therefore, rationality and rewards go hand in hand with the theory and strategy behind human resource

Thursday, September 12, 2019

Origins of hominid bipedalism Essay Example | Topics and Well Written Essays - 500 words

Origins of hominid bipedalism - Essay Example The other great apes for example chimpanzees do not have a straight gait and human straight gait is much more efficient than their bipedalism and quadrapedalism. Fossil evidence of hominid ancestor’s bipedalism is constructed to imply that it existed about 3.5 million years ago. This essays objective is therefore aimed at looking at two distinct hypotheses that attempt to provide explanations to the origins of hominid bipedalism. The first hypothesis (from empirical evidence) to propose is that bipedalism evolved because of energetic efficiency needed by the hominid for travel and that the need was key to the origin of bipedalism. To accept the hypothesis above, first the comparisons should be made at constant speeds of travel and given that bipedal hominids descended from quadrapedal hominids the comparison should be between bipedal hominids and quadrapedal hominids. Rodman and McHenry( 104) observed that male chimpanzees traveled a median speed traveled a median speed of 3.8, 4.2 and 6.4 km each day in three different seasons and took 59 minutes, 105 minutes, and 148 minutes respectively to travel those distances. On average, the male chimpanzees travelled at a speed of 2.9 kilometers per hour, a normal human being walks at an average speed of 4.5 kilometers per hour. Modern hominids through adaptive features evolved bipedalistic tendencies to suit their current environment this explanation is provided wit hout reference to any empirical observation. The result show that there was no energetic difference separating hominid quadrapedal adaptation from hominid bipedalism. It is widely accepted that bipedalism arose because the hominid ancestors moved from living less on the trees to be more comfortable on the ground this was because of hominid dietary divergence (Lewin 113). The Lovejoy hypothesis postulates that the primates underwent evolution to achieve reproductive success through reduced parental care, pregnancy and maturation period. As the

Wednesday, September 11, 2019

Lupus emergent therapy Essay Example | Topics and Well Written Essays - 500 words

Lupus emergent therapy - Essay Example As if not enough, desirable work place environments has shaped the building design paradigms in certain ways, including the necessitation of incorporation of aspects pertaining to efficiency, as well as a reduction of stress at the work place (Broberg,1997). Indeed, in the current world, building designs concepts and building designs are arguably inseparable. Building design concepts are inclined on coming up with designs of equipment and devises, including buildings that are suitable for human operations. Such are subject to body movement, not to forget, the bodies’ cognitive abilities. Thus, the objective of desirable design concept is to foster productivity while fulfilling the health requirements. As such, the desirable design concept is most appreciable when designing products such as equipment and furniture, as well as machines that contain interfaces that are not only reliable, but easy for use (Broberg, 1997). Clearly, this relate to building designs. Nevertheless, considering that people have varied physical and cognitive capabilities, the subject of satisfactory building designs may not be fully explored without inclusivity. It is indispensable that buildings designs have to put into considerations the needs of people with disabilities such as the deaf, the blind, and those on wheelchairs. Inclusivity is a point that most engineers have to put into consideration, especially when the underlying goal is to design buildings that could be accessed by all groups of people with prompting customization. What is worth noting is that desirable inclusive designs should be fit all equality groups although emphasis may be laid on disabled people. On the other hand, it is limiting to design buildings based on ergonomic concepts and inclusivity alone. Other elements of desirable building designs, especially office areas, include Safety, security, sustainability , Comfort,

Tuesday, September 10, 2019

Friedrich Nietzsche Beyond Good and Evil Essay Example | Topics and Well Written Essays - 2000 words

Friedrich Nietzsche Beyond Good and Evil - Essay Example The main ideas explored by Nietzsche include the death of God, the will of power, Urbermensch, amorfati, perspectivism and the eternal recurrence. The idea that is central to his philosophy is the life-affirmation idea involving an honest questioning of all manner of doctrines that drain the expansive energy of life. This paper explores Netzsche philosophy cutting across his terminologies, as well as his philosophical reasoning. The paper discusses Netzsche’s philosophy of â€Å"Beyond good and Evil† with the major focus on Prejudices of life. Nietzsche used many terminologies in his quest to explain his philosophical reasoning. Among them include Nihilism, Master morality and slave morality, Ubermensch, Amorfati and the eternal recurrence. Nietzsche viewed nihilism as what comes out of repeated frustration while looking for the truth. He saw nihilism as latent presence in the foundations of the culture of Europeans, seeing it as a requirement for approaching the destin y. He talks about the cruelty ladder of religion which suggests Nihilism emanating from the intellectual Christianity conscience. Nihilism involves sacrificing the meaning brought about by God in our lives for the object truth. Netzche claims that there exist two types of morality (Nietzsche 56). These are the master morality springing actively from any noble man and the slave morality which builds up reactively in a weak man. The two moralities are not restrained inversions of each other but rather they represent different value systems. He asserted that master morality fits an action in a scale of either good or bad. Slave morality, on the other hand, fits the action in scales of good or evil. His terminology beyond Good and Evil is a way of rejection of metaphysics leads him to deny the moral fact. According to him, there is nothing said to be intrinsically good or bad with no consideration of content. Nietzsche is of argument that morality started when people began associating g ood to what was found to be beneficial and associating bad with what it was considered harmful. He goes on affirming that denying that moral judgment is not based on truths does not mean that acts conventionally known as good need not be encouraged and some considered bad need not be avoided. However, he rejects the absolutism in morality requiring both the weak ones and the strong ones. Nietzsche refers to genealogical element of force as being the will to power. The term geological in this context refers to the differential and generic (Nietzsche 42). The phrase the will to power is termed as the differential element of force. In this case, he implies the element which brings about the differences in the quantity forces whose relation is to be presupposed. Will to power is in this case presumed to be a generic element of force meaning an element producing the quantity that is due to each force. The principle of the will to power does not suppress any chance but contrarily, it impl ies it, since, without having chance, it would not change. Chance is used to mean the bringing of force into relation. The will to power is an addition to force and might only be added to that comes about due to chance. This will to power has some chance at the heart since the will to power is only capable of confirming all chances. Differences in quantity and the quality of force in relation are all derived from the will to power as

Monday, September 9, 2019

Protection of human rights and armed conflict Essay

Protection of human rights and armed conflict - Essay Example Humanitarian intervention is primarily motivated by humanitarian objectives but in most of the cases there are strategic motives attached to the military action and the integrity and sovereignty of the state against which the action is taken is challenged which is totally against the UN charter and international law. There are no criteria established for humanitarian intervention to decide when, how and under what circumstances it becomes inevitable to intervene in the internal affairs of a sovereign state. The issue of humanitarian intervention has become the most debatable one ever since the end of the Cold War period because there are two schools of thoughts, one which considers it to be very legitimate, legal and essential for the establishment of UN human rights charter in each and every country of the world while others challenge its legality on the grounds of being against the sovereignty of a state (Murphy, 1996). The essay discusses the legality and effectiveness of the huma nitarian intervention with reference to various incidents of humanitarian intervention and peace operations in different regions of the world. Various different definitions have been presented by scholars from different schools of thoughts. ... The supporters of humanitarian intervention make the objective of provision of fundamental human rights to each and every individual in this world the basis of their support of external interference in the affairs of a state. The scholars and debaters who do not support the idea of humanitarian intervention argue on the basis of the Article 2(4) of the UN Charter which restricts the use of force against any sovereign state. They further argue that humanitarian intervention for the restoration of fundamental human rights can be used as a way of achieving the political and strategic goals by the countries that are imposing a military expedition on a country and this kind of abuse of humanitarian intervention is very easy to carry out. Under such circumstances the humanitarian intervention can never be effective enough to achieve the primary goals of the protection of human rights (Jokic, 2003). There are incidents in which humanitarian intervention has aggravated the violation of human rights in the affected areas. The military personnel of the peace keeping forces are sometimes involved in the violation of human rights. The deciding authority, the UN Security Council in most of the cases is a big question on the legitimacy and efficacy of the humanitarian intervention because certain states have political and strategic motives associated with the governments of certain states. For example recent scenario in Sudan where most of the states in the United Nations Security Council were in favor of a military intervention by UN forces, China had other plans because of its ties with the Sudanese government based on oil supply contracts between the two. In the following pages the effectiveness of humanitarian intervention

Sunday, September 8, 2019

Business diversification of a confectionary food and beverage business Essay

Business diversification of a confectionary food and beverage business of United Kingdom - Essay Example This report assesses the trends and pattern of international trade between these two countries especially trades and investment in the beverage industry. Implication of the international institutions on its initial entry into Indian market will be analysed. Finally, this report will recommend whether and how the company can diversify its business into Indian market. Introduction Globalization has stimulated many successful firms in all many countries for diversification of their business into foreign market. It allows two different ways for international business expansion for these successful companies in their domestic countries. One is trade and another foreign direct investment. These factors have influenced one UK based Food and Beverage Company named Crazy Food Private Limited to decide start its international diversification. The company has decided to diversity into a developing country i.e. India. The company has successful portfolio that consist of processed food, ready to eat food, snacks foods as confectionary items and soft and energy drinks as beverage items. It has well developed two popular brands in UK market, Crazy Bite and Crazy Cola. The company wants to launch these two popular brands in India and it has noticed this confectionary market in India to be growing more in next five years. So, this report will provide a detailed investment analysis for this company to assess the viability of its international business diversification into Indian market. Answer a) National business system India is a developing country having a growing economy that is 12th largest economy in the world by nominal value of gross domestic product. The country has approximately more than 17% of world population among which more than 200 millions can be segmented as high consumption oriented urban people. This segment of people is having above average income level and higher purchasing power. This is one of the major strengths of the country for attracting foreign busi ness institutions to enter into Indian market. According an analysis by World Bank, India is 4rth largest country in the world in terms of overall consumption and purchasing power of the total population of the country. 40 percent of this 200 million people are youth (IFC, n.d.). Therefore, growing purchasing and consumption trend of this large segment of people is the key attraction of this company in terms of potential customer base as youth are usually the most potential target customer for any confectionary food and beverage producer. Apart from the huge customer base, next important key resources of the country has is sufficient youth labour and expertise. This is one of the most important recourses of the country which has become the main attraction of the foreign companies especially companies from developed countries like Crazy Food. The company can get sufficient labour in comparatively very low wage rate as compared to UK market rate due to the higher difference of currenc ies of these two countries. As a food and beverage company, Crazy Food needs huge work force for production and packaging, bottling etc. National political environment of India is stable as current government and only one major opponent do not have many conflicts that can affect any areas of business national

Saturday, September 7, 2019

HERITAGE. The Labour Hall (Now - Lighthouse Cinema) in Petone, New Assignment

HERITAGE. The Labour Hall (Now - Lighthouse Cinema) in Petone, New Zealand - Assignment Example The author discussed the building because of its design value and the cultural value. Considering that the building was contracted in those old days, its design value even to the present days has some credibility the reason it is a heritage to the City. It also reflected the cultural value of the community surrounding due to the materials used in construction as well as the design itself (Sadzak, Rizvic, Dalton, and Chalmers 2007).The part of design in the building is the most privileged as the author is interested in the evolvement of the cultural values through the design value as it changes with time in relation to the time of its construction. The lesson learnt from this exercise is that narration of a particular built environment reflects so much on the culture of the surrounding community. The design of construction and the materials used tells more about the cultural values of a community (Sadzak, Rizvic, Dalton, and Chalmers 2007). Therefore, cultural values affect the design value of construction. In future, this experience will help in the designing process where the culture of a particular community goes hand in hand with the design value. Therefore, observation and evaluation is the best step to follow this

Friday, September 6, 2019

Finance and Company Essay Example for Free

Finance and Company Essay So Wrigley has to make decisions on whether or not to borrow $ 3 billion for recapitalization. Question Based on the above situation, there are few questions that arise as seen below: ? Whether the recapitalization would be good for the company’s development in the long run? ?After borrowing $ 3 billion dollars what would the impact on the company’s debt rating be? ?What’s the impact on the company’s share value; would the recapitalization increase the company’s share value? ?What’s the impact on the company’s WACC, an increase or decrease? Would recapitalization increases the EPS of the company? Hypothesis Before capital restructuring due to not having any debt, return on capital and operating income as a percent of sales can be used based on exhibit 2(it is $513,356/$2,429,646= 21%) which is the A to AA range of investment grade. After recapitalization, the company’s debt rating will fall to a BB/B rating which reflects a higher risk and lower debt rating that will cause higher yields. According to Exhibit 7’s given information, the yield is between BB (12. 753) to B (14. 663) to obtain a cost of debt. Impact on share value If the company chooses to repurchase the stock, the WD will be 22. 89% (3,000,000/13,103,000), the WACC will be 10. 19% (22. 89% (1-40%)*13%+77. 1%*10. 9%). Both 10. 32% and 10. 19% are lower than the WACC before recapitalization, which indicates that after the recapitalization the company will have a lower minimum rate of return for the company that it needs to earn on its investments to maintain its wealth. Impact on Voting Control If the company is using the dividend plan to do capital restructuring, there will not be any impact on voting control. However, if the company is using the stock repurchase plan, it will have an influence on the voting control. The current Wrigley family ownership includes 21% of common shares and 58% of B shares. The total numbers of shares outstanding for Wrigley consists of the sum of the common shares of 189. 8 million and class B shares of 42. 641 million (10 votes each), a total of 232,441 million shares. So the company will have 46. 6% ((189. 8*21%+426. 41*58%)/616. 21=46. 6%)voting control before recapitalization. After the recapitalization the voting control will increase to 49% [(179. 22-42. 641)*21%+426. 41*58%]/ (136. 58+426. 41) =49 Based on the above analysis, my suggestion is not to borrow $ 3 billion dollars, or if the company insists in doing a recapitalization I would suggest for them to not borrow as much and to make some investment on assets instead of it all in equity. For the Wrigley Company I think they should keep their debt below 50 percent. Because after recapitalization, it will have negative impacts on EPS, debt rating, share value and it has a slightly positive impact on WACC and voting control. The results of impact on EPS analysis shows that EPS will drop from $ 1. 61 to 0. 46 and, the debt/ assets ratio will be 169% which will increase the company’s risks. From a debt rating aspect, after borrowing $ 3 billion dollars, the debt rating of the company will decline from AA/A to BB/B which means that the company will have a higher interest rate, more interest expense and a lower credit rating in the future. This is not good for the company’s future development. From a long term prospective, I believe it’s important that the company be careful in determining whether they should pursue a dividend or stock repurchase strategy. If the company chooses to use the $ 3 billion to pay dividends now, it might increase the investor’s satisfaction in the short run but once the dividend has been paid, the investor will expect the same amount of dividend in the future and a lower dividend might disappoint investors and that might affect the company’s stock price in the future. The stock repurchase is temporary as well, so after the repurchase the ending stock price might drop and it may hurt a potential new investor who made a purchase during the repurchase period. All things considered as long as Wrigley keeps an eye on their long term goals and continues to look at the big picture whilst making good solid financial choices for their company they should be most successful.