One Nation under Wal-Mart Essay

82% of American households purchase at least one item from Wal-Mart every year. Wal-Mart controls about 30% of the market in household staples. Sells 15% of all magazines and 15%-20% of all CDs, videos and DVDs. It is expected to control over 35% of U.S. food sales. When comparing other companies that sell consumer products, Wal-Mart represents a big chunk of their total business: 20% for Dial, 24% for Del Monte, and 23% for Revlon. Wal-Mart is responsible for 10% of all goods imported to the United States from China. Wal-Mart offers the lowest prices in all of their products, because of the cost efficiency it has achieved. Wal-Mart’s buying power and cost-saving efficiencies force local rivals out of business, thus costing jobs, disrupting communities, and injuring established business districts. Within 5 years after one Wal-Mart opening, two local supermarkets close. Because of Wal-Mart tax breaks, it causes the local tax revenue to decrease and not increase. Wal-Mart is staunchly anti-union and pays low wages. Its labor cost are 20% lower than those of unionized supermarkets; its clerks earns only $8.23 an hour, and most of its 1.4 million employees must survive without company health insurance. Employee turnover is 44%. Because of its size, it exerts a downward pressure on retail wages and  benefits throughout the country. Because of its hard line on costs, it has forced many factories to move overseas, which sacrifices American jobs and holds wages down. Government welfare programs subsidize Wal-Mart’s poverty-level wages. 200 employee store costs the government $42k a year in housing assistance, $108k in children’s healthcare, and $125k in tax credits and deductions for low-income families. 46% of the children of Wal-Mart’s 1.33 million workers are uninsured or on Medicaid. Wal-Mart hires mores part-time employees and discourages unhealthy people from working at the store by requiring all jobs to include some physical labor in order to reduce spending on health care and other benefits. Wal-Mart does not carry music or computer games with mature ratings, forcing big music companies to supply them with sanitized versions of the CDs. Wal-Mart offers fire arms in many locations but has declined to sell Preven, a morning after pill. Wal-Mart has declined to sell some magazines and has put binder to obscure the covers of other magazines. Wal-Mart is considered â€Å"the biggest barrier to growth†. Wal-Mart decide to respond to all the criticism by improving employee health insurance coverage and adopting greener business practices. Wal-Mart was one of the first responders to Hurricane Katrina by sending truckloads of water and food reaching the residents before federal supplies did. Wal-Mart sales growth has slipped as the internet has changed people’s shopping habits and as other discounters have done a better job of attracting affluent consumer and providing higher quality and better service. 2. Ethical Issues Is it ethical and moral for Wal-Mart to make profit maximizing and cost effectiveness their number one goal? Is it moral to only hire part-time employees to decrease their health care spending? Is it moral or ethical to sell firearms but decline to sell the morning after pill? Is it moral for Wal-Mart not to provide fair wages to the employees? Is it moral for Wal-Mart to take advantage of government welfare program for subsidization? Should there be a requirement for large companies to employ a certain percentage of full-time employees? Does Wal-Mart have a moral responsibility of helping the communities grow? Is it moral or ethical for Wal-Mart to not  provide adequate health care to its employees? Is it moral for Wal-Mart to insist on tax breaks at the expense of the local community tax revenues decreasing? Should we as citizens enable these large companies by accepting jobs that pay poorly and offer no health insurance? Is it moral for Wal-Mart not to value the life and well-being of their employees and families? Is it ethical for Wal-Mart to be customer-oriented and not employee-oriented? Is it ethical for corporation like Wal-Mart to be held to higher standards to provide a better living standard to the employees and the community? Should a company of a certain size be required to offer health insurance? Should large companies that get tax breaks be forced to contribute to the community in other ways? 3. Primary Stakeholders Wal-Mart itself U.S. economy Consumers across U.S. Employees Shareholders Other companies and its employees Local communities Government Suppliers Other countries 4. Alternative Actions Wal-Mart should either pay their employees higher wages or provide health care regardless of the hours worked. Wal-Mart should maximize profits and at the same time look out for the well-being of the employee. Require a company the size of Wal-Mart to give back to the community if it wants to open a store. Try to establish a bill requiring large companies to maintain the majority of its employees as full-time where benefits can be offered. Cities or counties should not offer tax cuts to businesses that could  ³disrupt the community. Wal-Mart needs to establish a more competitive pay and better benefits program for their employees. Wal-Mart should keep doing what they are doing. It has been effective so far in becoming the largest company in  the world, why change it? 5. Ethics of the Alternatives Alternative 1 Wal-Mart should keep doing what they are doing. It has been effective so far in becoming the largest company in the world and among the most profitable ones, why change it? Utilitarian Perspective Utilitarian perspective would not support this idea. This idea seeks out to produce the greatest good for the company itself and not everyone person or business affected. Wal-Mart is seeking out the best for the company and one else. In order to be supported it would have to be the greatest good for Wal-Mart and everyone affected by this decision and or actions of the business. Deontological or Rights Perspective Deontological perspective would not support this alternative in any way. This is an alternative that treats people as a means to an end. It does not recognize the value and importance of the employees, and only values the company itself and the profits that can make. This is not a good way of conducting business and would never be accepted as a universal rule. Egoism Egoism perspective would support this alternative. Wal-Mart is basically doing what is best for the company and the shareholders, which is their primary duty. They are the largest company in the world and immensely profitable. Even with all the opposition it faces it is still one of the prefer companies for many consumers to their one stop shop. They offer the best and lower prices and customers are able to find everything they need for their households in just one stop. Wal-Mart is here to make profit and stay in business, this is their goal. Alternative 2 Wal-Mart should either pay their employees higher wages or provide health care regardless of the hours worked. Utilitarian Perspective Utilitarian perspective could support this alternative. It would have to be seen as being the greatest good for both Wal-Mart and the employees. If Wal-Mart raises the wages or offer the employees’ healthcare benefits, this will have benefits for both. The employee will be happy and will feel valued and appreciated by the employer. In turn the employees will have job satisfaction and their job performance will be good. This will help to the growth and success of the company. With happy employees helping potential customers, it can ensure good sales and thus increase their profit. Deontological or Rights Perspective Deontological perspective would support this alternative. This alternative seeks out the benefits of the employees. It takes into consideration their value as a human and show respect. By Wal-Mart implementing such policy in the company they are saying to the employees that we value and want to right by you. Every employee is a valuable asset to the company and key to its success. This alternative treats the employees as ends and not as the means to end. Egoism This alternative would not be supported by egoism. With this alternative Wal-Mart seeks to offer the best solution possible to their employees. They can either increase their wages so the employees are able to have a better standard of living or offer healthcare regardless of hours worked. This would ensure the well-being of each employee. 6. Practical Constrains Finding the right piece of property to build the store Government regulations The company’s responsibilities to the shareholders and to make profit Ability to offer the lowest prices American products too expensive to sell in the store Cost of being in business 7. Actions to be taken Wal-Mart should change their current employee benefits program and offer a  better and more competitive pay. This would allow for employees and their families to have a better standard of life It would help by possibly increasing the retail wages among other businesses Wal-Mart should participate in community events and give back to community Wal-Mart should hold meetings in communities where they are looking to build and hear the citizen concerns and find solutions so it is of benefit for both.

New World vs. Old Essay

Global Wine War 2009: New World versus Old 1. How were the French able to dominate the worldwide wine trade for centuries? What sources of competitive advantage did they develop to support their exports? The wine production of France goes all the way back to being part of the first niche market for premium wine. Factor conditions of France, such as land and climate, were well suited for wine-production compared to other European countries. Since the early 19th century cross-border shipping was very expensive, France was able to cluster the related and supporting industries of wine production within their domestic borders. As a result, France increased its competitive advantage throughout other sources without much impact from other countries. As the industry became France’s second largest export, side by side with a culture of rich food, the demand conditions got affected, as consumers were expecting a certain quality. The French government provided the classification systems, which increased the rivalry and domestic competitiveness and raised the entry barriers so that entry of foreign competition was kept at a minimum. 2. Given the longstanding dominance of Old World wine producers, how were the New World producers, such as the Australians, able to expand their market share so rapidly in the 1990s? As postwar increased demand for wine rapidly, factor conditions of the New World producers, such as widely available suitable land and it being less expensive, made it possible to meet the new demand and boosted the New World industry. The new demand conditions demanded higher quality wines and as new generations were born, the consumers got more price-conscious and convenient oriented. New World producers met these changes in demands by introducing a completely new firm strategy, structure, and rivalry compared to the Old World producers, who were constrained by tradition. Innovation was the key word in the New World strategy; suddenly, mechanical technology reduced labor cost and pushed down prices, packaging innovations made distribution easier and provided convenience to the consumers, and technology ensured vintage-to-vintage consistency etc. As well, branding and marketing skills were performed on the basis of vintage-to-vintage consistency, which gave the consumers further preferences and strengthened the position of the New World producers globally. This made them capable at expanding even more rapidly. The New World producers changed the traditional patterns of related and supporting industries, which used to being long value-chains, as the big producers now controlled the full value chain, able to extract margins and control quality at every level. The size now gave them bargaining power – a power, which made them have a strong grip on the importing countries. The New World producers had created a strong innovative company culture; a culture that could easily adapt to the changes of consumer culture and government regulations. New generations were born and so was the rise of fashion in a completely different culture of lighter consumption. The New World producers responded to the swings of fashion by taking advantage of the factor conditions: much capacity and regulatory freedom. This was the complete opposite to what the Old World producers were able to do – still constrained by the long history of wine-making tradition and lack of innovation. By that, the New World producers were always a few steps ahead of the Old World producers when the global patterns changed.

The Natural History Museum in London from 19th Century to Modernity Essay - 1

The Natural History Museum in London from 19th Century to Modernity - Essay Example Alfred Waterhouse changed the design from Renaissance to German Romanesque, which came to be known as the Waterhouse building up to today. This is an analytical survey at the museum’s space in relation to its interior, creator and the 19Th century society. The space inside the museum is extensive with beautifully decorated ceiling panels displaying pictures of plants from all over the world. The museum has extensive halls that house different departments within the museum. The entrance to the museum is located between two towers representing the Victorian style of architecture. There are rounded arches, made of bricks, and layered with terracotta. This design was inspired by the basalt columns at Fingals cave in western Scotland. Inside the entrance, there is a large hall with a grand staircase that leads up to the second floor that houses the galleries. Albert Waterhouse’s artistic mind made him leave the bare iron and glass exposed to express the beauty of the building materials. The outer design comprising of terracotta was both for aesthetic purpose and practical reasons (Anderson, 2004 p5). The blue colour, of the terracotta designed in relief, portrays different plants and animals as well as offering protection from the c haracteristic Victorian acidic smog. The halls in the museum are high ceilinged creating a comfortable ambience for visitors. High above the halls, there is an exhibition of sorts in the form of panels that depict various species of plants from around the world. The painted panels, on the ceiling, are in dark shades, which make the ceiling appear lower than it is. This makes a person feel intimate with the room; the vast spaces do not overwhelm people. The lighting in the museum is cleverly done so as not cause reflective glares when viewing the exhibits. The light emanates from hidden lighting sources on the walls and panels for effect and for protecting the exhibits from

Commodity Trade Essay Example | Topics and Well Written Essays - 2750 words

Commodity Trade - Essay Example Topic Page No. Figure 1. China Imports and its Trends from year 1980-2007 5 Figure 2. China Exports and its Trends from year 1980-2007 5 Figure 3. China net trade of rice, wheat and corn, 1961-2008 6 Figure 4 China’s Grain Exports from 2008-2010 7 Figure 5 Grain Consumption in China 8 Figure 6 Global Grain Prices 11 1. Introduction: There was a time three decades ago when China had a negligible role in the world trade. However, the situation has significantly altered over the years and now the country has improved its performance and is considered as one of the largest exporters in the world. The country also imports considerably products like raw materials, halfway contributions, and others. The growth of the country in the recent years with respect to trade has created significant challenges for the other countries in the world. Demands of materials in the country has significant impacts on the other countries that has also been felt with the deceleration in China’s i ndustrial production in the middle of the 2008-2009 global economic crisis contributing to a remarkable collapse in the prices of commodities (Feenstra & Wei, 2009, p.1). In the present times, there has been a steep rise in the prices of the different commodities. Considering commodities like the grains, rise in demand has been experienced with the rising incomes in countries like India and China. Several factors associated with the trade policies of the country can be realized to have significant effects on the imports and exports of grains. The production of grains including wheat, flour, rice, and others are largely dependent on the world market that is associated with a country’s imports and exports (Ensuring the UK’s Food Security in a Changing World, 2008). The present study reflects on the emerging nations participating in the global financial markets through import and export mechanisms and thus having an impact on the commodities. In this case China has been c onsidered and grains have been chosen as the commodity for the purpose of the study on the impact of the country’s imports and exports on the commodity. 1.1. Aim of the Study: The aim of the study is to understand the impacts of the trade policies of emerging nations on different commodities considering China as the nation and grains as the commodity. 1.2. Objectives: In order to achieve the aim of the study, the following objectives have been considered: To learn about the trade policies- imports and exports- of China, considering grains as the commodity chosen for the study. To discuss about the major importers and exporters of grain. To learn about the international price of grains and their agricultural policies in the market. To try to determine the impacts of China’s participation in global financial markets through exports and imports on the grains commodity. 2. China Imports and Exports: An Overview: Over the recent years, the imports and exports of China have increased with the total value of the exports and imports being recorded as USD 2.174 trillion in the year 2007. The total value of imports has been recorded at USD 956 billion in 2007 that reflected an increase of 25 percent on a yearly average. This has been possible owing to the living standards of the citizens of the country being rising over the years (China import and export trends, 2011). The imports and trends of the country can be represented through the following graph: Figure 1: China Imports and its Trends from year

Economics, Consumerism and the Environment Essay

Economics, Consumerism and the Environment - Essay Example It is typically measured in tons of CO2 equivalent. (Kyoto Protocol) Many companies can create the carbon offset by introducing the renewable energy such as installation of solar energy system, small hydroelectric projects, geothermal and biomass energies etc. Moreover there are carbon sequestration projects that destroy the carbon dioxide. (David Suzuki Foundation) Especially for large corporations promoting consumerism like Wal-Mart, Kyoto protocol can be an effective scanner to check their accomplishment of their responsibilities towards safe guarding the environment. In this age of consumerism the conservation of energy through efficient usage and the minimization of energy wastage can be most influential measures to ensure sustainable development. The Wal-Mart Supermarkets, Stores, SAM CLUBS and Neighborhood Markets have set example of utilization of daylight through skylights to restrict energy consumption that saves 250 million kilowatt of energy every day. Besides that Wal-Mart system has adopted other measures such as the efficient process of heating and cooling, the white roof system of interior lighting and retrofit program to prove how the energy can be efficiently utilized to restrict energy-demand. (Wal-Mart) However the management of Wal-Mart should keep it in mind that a long way has to be still made to provide a perfect eco friendly operational environment. Efficient energy use, on one hand saves energy and on the other protects the environment. CFL consumes less energy than conventional tube, while providing per unit more luminance; Wal-Mart might reorient the internal lighting system through CFL. Furthermore Air conditioner and refrigerators emits harmful Chlorofluorocarbon, so it might try to ration their use. (New York State: Department of Environmental Conservation) Keeping, the air condition’s temperature at a moderate level results in less consumption of energy and less emission of CFC. Wal-Mart might

The Extent of Women's Rights Vindication by the Beginning of the Essay

The Extent of Women's Rights Vindication by the Beginning of the Twenty-First - Essay Example She argued that both men and women should be regarded as intellectual equals. She helped raise the issues of women’s right to education. Although written in the 18th century, Mary Wollstonecraft’s A Vindication of the Rights of Woman provides a lot of insights on the issues faced by women and feminism in the 21st century. Wollstonecraft is considered as the mother of feminism and her views have helped shape the feminist movements across Europe and in the entire world. In her book, she examines the question of education and the significance of giving women a more liberal education so as to provide an equal platform for both men and women in the society. She also advocates for more treatises to be written with regard to the nature and existence of the gender differences that exist between women and men in the society (Wollstonecraft, 2009). She also criticizes her contemporary scholars such as Rosseau, who had stated that women should only be taught to obey and respect th eir male counterparts. Wollstonecraft fought against such misconceived philosophies and disrespect to women, who in her opinion should be equal to men. She was also critical of Edirne Burke’s opinion that men should only govern themselves. The main premise of Wollstonecraft’s argument was that the society can be much better place with the future of children made much easier if only women receive the same education as men. For a long time in the history of human beings, women have been regarded as being inferior to women. They were left out of decision making processes in the community and their roles in the society reduced to reproduction and production. Women were revered by men, but only for their looks and appearance, their reproductive capacity and for their little contribution to the economy of the society. These led to women being viewed more as objects of fulfillment of men’s desires, rather than as human beings. It’s only with the ideas of critica l individuals such as Wollstonecraft who questioned the place of women in the society, which gave rise to feminism and feminist movements. There have been significant improvements in the way the society perceives the role of women since the publication of Wollstonecraft’s book. Women in the 21st century can now have access to education, employment, legal and civil rights, as well as enjoying freedoms and responsibilities that they did not enjoy in the 18th century. There is however still a lot that need to be done in this respect, to ensure that women occupy a more respected place in the society and be treated equally as men. There are still cases of vindication of women’s rights today in the 21st century. Women still face a lot of challenges battling with stereotypes and a conservative culture that does not give them an opportunity to explore their potential (Gordon, Lyndall 2005). According to Wollstonecraft, the place of women in the society can only be said to have improved if the women can be treated as useful and rational citizens. Once this is achieved, women will be considered being equal to men. She further states that the only way this can be achieved is through forming good friendships and between men and women and that both should recognize that they are rational creatures and no one is better than the other. Wollstonecraft’s writings on feminism glimmer some of the issues women encounter in the modern society. A vindication of the rights of women is a very good example of an unbelievably insightful look in to the life of women in the society. Basically, the text examines the conditions of women, women’

Greenhouse effect and global warming Essay Example | Topics and Well Written Essays - 1000 words

Greenhouse effect and global warming - Essay Example As many establishments for instance are trying to produce offerings, more greenhouse gases like carbon dioxide and methane are directly emitted into the atmosphere. The rising number of vehicles due to industrialization has even led to the increase of greenhouse gases. For this reason, Al Gore and other global warming alarmists try to inform the public the need to reduce carbon dioxide emissions and other related greenhouse gases. These created various responses especially among global warming skeptics and realists. For the realists, scientific proofs are necessary so they cited important findings that could prove global warming as a natural environmental cycle occurring regularly over the earth’s entire existence (Taylor). Showcasing major findings of researches and even natural observations lead to the conclusion among global warming alarmists that humans have contributed enough for the recent climate change. The increase of greenhouse gases in the atmosphere traps heat ener gy causing earth to warm. As a result, climate change is imminent, and even from a simple observation everyone could agree with the prevailing environmental changes taking place everywhere. The United States Environmental Protection Agency (EPA) believes that climate change is indeed taking place and humans have become responsible for it (Environmental Protection Agency). Reduction of greenhouse gas emission is what EPA believes to be one important solution in order to address environmental problems associated with climate change.

Making survery and interview questions for proposal Assignment

Making survery and interview questions for proposal - Assignment Example The survey questions for both groups are presented below. It is expected that these questions will be able to search out for most reasons behind placement problems for international students. The results from these surveys can be used to piece together effective strategies to deal with international students placement problems. In order to deal with placement problems for international students, the representative of the Career Center at UMD will be interviewed to discern the nature of obstacles causing the problems. The information extracted from this interview will enable the creation of strategies that would augment the hiring of international students who graduate from UMD. The sample questions for the interview are listed below. 3. How would you place the responsibility of low placement figures for international students – with the students themselves, the university, the economic circumstances or a combination of all these? It is expected that answers to these questions from the Representative of Career Center at UMD will yield much required insight that would be required to solve the international student placement

Reporting Practices and Ethics Essay Example for Free

Reporting Practices and Ethics Essay Introduction Reporting practices and ethical standards are the most important building blocks that are needed to build a successful health care organization or any business. These reporting practices and ethical standards prove to be the upmost important practices in any health care organization. When reviewing all the variables and factors, one considers the principals listed in the generally accepted accounting principles. There are several factors to consider and inforce these principles in an organization. To successfully implement generally accepted accounting principles and execute corporate compliance, an organization should consider in order for building a successful organization; ethics, fraud and abuse are all key components for maintaining a successful health care or business organization. A successful organization cannot be successful unless they integrate and implement the four elements for financial management. In order to implement and execute the four element of financial management for a successful organization, the four elements should be implemented and carried out in full on a daily basis for every procedure and operation within the organization. Controlling, planning, organizing, and decision making are the four components every business and/or health care organization should adopt. The four elements are the keys to every good business ethics and standards to maintain a successful organization. Four Elements of Financial Management The planning stage of the four elements of financial management proves this stage, is vital to set goals for a healthcare organization end to end with its execution of this stage and the other four elements. The next element of financial management is the controlling stage and in this important stage the organization must set goals for their organization and that each goal is executed and carried out. A perfect example of how an administrator /director/ manager in a healthcare organization can control their  organization is to conduct audits of the department they oversee. Decision making is defined as the overall performance of the other three elements and determination on wither or not the overall performance of the other elements. The success of this can be measured Decision making in conjunction with the other elements and the overall performance and success of other 3 elements ultimately determines decision making elements. Examples, if the organization exceeds the funds budgeted and find they are over budget, the decision making element comes in to play to review these items over budget and make an action plan to correct and/or prevent in the future. The four components are a vitally in financial management there are also other important principals and standards. The Generally accepted accounting principles and general financial ethical standards along with corporate compliance, ethics, or fraud and abuse are equally important separately and combined. The four functions of management help the facilities function properly and give the management the opportunity to resolve any issue or obstacle that may present as well as the opportunity to growth and make them better to perform and utilized the resources around them. Management is responsible for beginning the process for procedure or task at hand and sustaining the actual method of internal control that is set by the organization. It is important that management/ administrator/ director to oversee and maintain the budget control. The manager/admin/director overseeing the budget should be knowledgeable of how to control the budget and in order to maintain budget control, they should regulate to increase productivity and be familiar with assets, financial reporting and account summary. Every cooptation or health care organization is necessitate to meet the satisfactory operational needs, consequently cash management function helps any organization begin to create a set of policies and procedures to ensure that federal funds are not withdraw unreasonable from the organization and payments are made properly to the programs (Ethics and Compliances May 1994). According to Ethical Behavior by Companies Benefit Society and Business (November 13, 2010), when applying ethical business practices, says that business should ensure that the production of its services should be environmentally ecological and every human involve in the production should not be dangerous or harmful for them. Ethical practices involve the strong financial reporting as well as consideration  for the social and environmental impact of the business. Audit reports help the organizations know the financial condition of the organization for Health Care or any other business as well as the result of the organization’s day to day internal operations. Audits are helpful when following the practices of financial reporting practices of the organization can serve as a checks and balances and a great tool for capturing financial data, if management checks the financial audit reports often. Financial reports explain in detail how the organization is doing and prevents negative numbers on the company because it records any procedure and activity that happens in the organization (Ethics and Compliances. May 1994). According to American College of Physicians (Snyder. 2012), the environment for the delivery of health care continues to change. Sites of care are shifting, with more care provided in ambulatory settings while the intensity of inpatient care increases. Generally Accepted Accounting Principals â€Å"The phrase â€Å"generally accepted accounting principles† is a technical account term that encompasses the conventions, rules, and procedures necessary to define accepted accounting practice at a particular time. Generally accepted accounting principles (GAAP) are concerned with the measurement of economic activity, the timed when such measurements are to be made and recorded, the disclosures surrounding this activity, and the preparation and presentation of summarized economic information in the form of financial statements (Bragg, 2012). Generally accepted accounting principles also known as GAAP to understand the definition better, GAAP are guidelines that one should follow when trying to establish proper financial documents and reports. With these guidelines to follow, it was easier to maintain the financial reporting’s for all fields, including healthcare. The generally accepted accounting principles were held in the highest regard. The guidelines of the GAAP have had a high authority when it came to determining financial practices in healthcare. The GAAP influence has dwindled if not stopped. It was stated that it was not required for hospitals, nursing homes or any kind of healthcare facility to adhere to the GAAP (Taebel 1995). It has been documented that the guidelines of the GAAP has caused facilities to lose money, even though they knew what was best about recognizing costs. It has  been suggested that is not required to make decisions based off of the general accepted accounting principles. Capital costs are reimbursed according to a prospective payment system; providers are being paid a predetermined amount regardless of GAAP issues (Taebel, 1995). Conclusion There are countless of different ways that we can touch bases on to understand the importance of a cohesive financial department. It is essential to its success to be ethically compliant and to follow through with policy and procedure. It is up to the financial managers to execute and enforce proper guidelines. In conclusion, there are four elements of the financial structure that is the basis for a financial departments success which are planning, controlling, organizing and decision making. With this information we were able to understand and summarize more in depth the importance of generally accepted accounting principles and general financial ethical standards. Finally, we were able to view examples in those respecting terms and gain understanding from them. By compiling all of these elements together can guarantee a solid financial department in any healthcare facility. References American College of Physicians (2010) Ethics in Practice: Managed Care and the Changing Health Care Environment. Retrieved 11/13/2010 from http://www.annals.org/content/ Bragg, Steven M. Wiley GAAP 2012: Interpretation and Application of Generally Accepted Accounting Principles (10th Edition). Hoboken, NJ, USA: John Wiley Sons, 2011. ProQuest ebrary. Web1 May 2015. Ethics and Compliances Retrieved 11/13/2010 from http://www.miamivalleyhospital.org/mvhdefault.aspx?id=12746 (May 1994) Snyder L, for the American College of Physicians Ethics, Professionalism, and Human Rights Committee. American College of Physicians Ethics Manual: Sixth Edition. Ann Intern Med. 2012;156:73-104. doi:10.7326/0003-4819-156-1-201201031-00001 Taebel, S.W. (1995, October). Supreme Court ruling reduces GAAPs authority in Medicare cases. Healthcare Financial Management, 49(10)

Me Talk Pretty One Day Essay Example for Free

Me Talk Pretty One Day Essay Me Talk Pretty One Day. The title already starts questions and as you get through the essay, it makes perfect sense and creates a meaning to the title. Sedaris is the narrator throughout the essay and nearly at the beginning of the story you finds his tone throughout the essay is kind of a depressed tone, it sounds like he is depressed and put down by the instructor of his french course. Sedaris is passionate in leaning French. He moves to France and starts school there, so that he would learn the language better than he could in America. On his first day Sedaris watches his fellow students catch up with each other, discussing their summer vacations and the latest news about mutual friends. He has a number of first impressions: they appear much younger (he is now forty-one years old), they are definitely much more attractive, and they all appear to speak French flawlessly. Sedaris soon feels a little out of his element, until his French teacher arrives and makes him feel like a complete imbecile. However, Sedaris is not alone in being belittled by his instructor for she did not just pick on him but the rest of the class. However, he still went home every night and studied everything so that he could go to class the next day and know just a little more so the teacher wouldnt pick on him as much. You find the depressed tone again during class, that everyone wanted to be there but at the same time didnt want to be there. The teacher rode on a high horse because she didnt speak only fluent French but 4 other languages too, including English, which she shows to Sedaris by saying in English I hate you, I really hate you. (Found on page 3, last paragraph) Now why in her right mind does the teacher feel the need to put everyone down, and to say something of this nature stating that she hates him. Why is that, is it because she herself has troubles in her life and she feels in her time of power of being the professor of a French course and the only one that can speak it fluently, that she can emasculate everyone in the class. But through all of that all of the students including Sedaris, go home every night and study their French for hours on end, an example of it is stated on page 14, 1st paragraph. I took to spending 4 hours a night on my homework, putting in even more time when we were assigned an essay. Because of that the tone suddenly switches from a depressed tone to an upbeat tone right towards the end of the essay when Sedaris states, Understanding doesnt mean that you can suddenly speak the language. Far from it. Its a small step, nothing more, yet its rewards are intoxicating and deceptive. The teacher continued her diatribe and I settled back, bathing in the subtle beauty of each new curse and insult. From that moment, the professor goes on to belittle Sedaris but this time he isnt hurt or insulted by it. He takes from it and with confidence replies to her insults with, I know the thing that you speak exact now. Talk me more, you, plus, please, plus. Leaving you with a feeling of happiness and joy knowing that Sedaris gained his confidence back. From the tone of the essay, it makes everything feel a lot better in the end. The use of the French in the essay, gives meaning to the times where you dont understand what the counterpart is saying applying the use of words that doesnt exist creates a confusion but also an understantment of how Sedaris feels when the teacher is talking to him. Here you can see the words meimslsxp; lgpdmurct; apzkiubjxow; palicmkrexis; fiuscrzsa; ticiwelmun; kfdtinvfm; vkkdyo; kdeynfulh. Understanding and speaking do not automatically go hand in hand, but it is better to understand rather than to speak. Which is the point the author is trying to make through the entire selection.. David Sedaris takes a stroll down memory lane in his anecdote about his experience learning to speak French in Paris, under the rule of a cruel dictator-like teacher. He describes certain moments of intense cruelty of the teacher, such as when one girl in his class doesn’t know the correct irregular past tense of the verb to defeat. The girl was poked in the eye with a freshly sharpened pencil, and the teacher, although remorseful, did not spend much time apologizing. The students in the class are not fluent in French, and their halting sentences, when translated, sound like â€Å"sometime me cry alone at night†¦that be common for I, also, but be more strong, you. † This is the exact way that a student of a foreign language would speak, and it illuminates the difference between speaking a language so that others could possibly understand you, and understanding the language.

Interbrand Brand Valuation

Interbrand Brand Valuation The Interbrand method is extremely popular for valuation of brands and has been adopted in several practical purposes such as brand valuation of various food-related and beverage brands such as Coca-Cola, Pepsi, Kelloggs, Cadbury, Wrigleys and Nestle. This method majorly discusses about the extra earnings an associated brand can generate for a company or companies over a considerable period of time. The brand value is then calculated to be the present value of these discounted additional earnings which the brand generates. The method indicates the need for choosing the target markets by segmentation of the markets through various parameters such as geographic, demographic and psychographic variables. After analysing the markets and performing a proper financial analysis in the form of estimated revenues, units of sales, associated costs and forecasts, we need to analyse what are the demand drivers of the brand. For example, in this case of evaluating the Kingfisher brand, some of the parameters of demand drivers would be related to the level of need of the brand, the elasticity of pricing the brand, the number of competitors and substitutes in a given geographical region, etc. A competitive benchmarking analysis is done to recognize the gaps associated with the branding processes and strategies adopted by Kingfisher in comparison to its competitors. Finally, the brand earnings are calculated and the brand discount rate in different specific periods for the relevant time horizon to find the brand value which is the net present value of forecasted brand earnings of Kingfisher. Determination of Kingfisher brands weighted average differential EBIT We will calculate the additional EBIT by using the formula:- Differential EBIT = (EBIT) branded (EBIT) unbranded Where EBIT i.e. Earnings before interest and taxes is the operating profit of the company. It is equal to Net Sales Total Expenditure. In order to calculate the differential EBIT, we have used a similar brewery company in India, called Mount Shivalik Breweries Industries (MSBL), which is a public listed company which has been in existence since 1972. The company is primarily into the business of manufacturing and supplying draught beer in the Union territory of Chandigarh. It caters to both the strong beer segment as well as the mild beer segment, with the flagship brands being Thunderbolt and Golden Peacock. Although, 95% of the beer supplies to the pubs and bars in Chandigarh are being catered from MSBL, it still doesnt match to the brand quality of Kingfisher which is globally recognized. Hence, we have preferred to use MSBL as an unbranded company. Hence, Kingfishers differential EBIT is:- (EBIT) Kingfisher (EBIT) MSBL We have calculated the differential EBIT for the last three fiscals and then the present value has been found out by compounding them with the discount rate used as average inflation rate. The calculations are shown below:- We have taken a conservative approach of considering the brand horizon to be around three years because efforts of brand building like heavy investment in marketing of the brand, R D efforts for inventing new technologies, etc have an effect of at least 3 years after which there is a need for change in business process restructuring. The EBITs are proportionately weighted according to the standard amortizing schedule of 1:2:3, with the most recent year getting the highest weightage of 3. The relevant calculations are shown below:- Average Inflation Rate for the past 3 years = 10.5 % Determination of brand differential earnings The formula for brand differential earnings is given below:- Brand differential earnings = Weighted differential EBIT capital charge Tax The capital charge is estimated by multiplying the weighted average cost of capital (WACC) with the amount of capital employed by the Kingfisher brand (part of United Breweries Limited group). The average WACC is estimated by using a period of past five years and forecasting the data for next five years. The WACC calculation for the United Breweries Limited (UBL) company is shown below:- The Beta for the United Breweries industry has been taken from capital for the years 2005 to 2010. The forecasted years data i.e the beta for years 2011 to 2015 has been estimated by using the 3-year moving average method, wherein the beta for year 2011 is the average of the betas for the preceding three years 2008-2010. Similarly, the D/E ratio for future years has been calculated by using the 3-year moving average method. The cost of equity for each year has been calculated by using the CAPM formula given below:- Ke = Rf + Beta*Market Risk Premium The average WACC is calculated by using the 3-yr moving average method of the forecasted years 2013-2015. The calculations are shown below:- The brand differential earnings calculations are shown below:- Determination of Brand Strength and Brand Multiplier The assessment of brand strength takes into account the following factors:- Leadership ability to influence the market Stability ability to maintain a consumer franchise Market vulnerability of market demand to changes in tastes or technology International Scope cross national/cultural potential Trend long term appeal to consumers Support strength of communications Protection security of the brand owners legal or property rights The greater is the brand strength of a company, the higher is its associated brand multiple. Typically, brand multiple ranges from 6 to 20. We have tried to quantify the factors of brand strength by relating each factor with the quantifiable variables related to the operational performance of the UBL company in general and the Kingfisher brand specifically. They are shown below:- Leadership factor of the brand can be estimated by looking at the market share, net profit margin (NPM) it generates, market capitalization (Mkt. Cap.), and investor returns (ROE), estimated revenue growth (Rev. CAGR) and estimated profit growth (NP. CAGR) over the years. Stability factor can be measured by the volatility of the net profit margin (NP Var%) of the Kingfisher brand over the years We have compared the Kingfisher brand to its top ten competitors in the breweries industry and hence we did not incorporate any distinguishing factor of the brand in terms of distinct market conditions. International scope of the brand can be measured by the level of exports it generates The Trend factor of Kingfisher brand or any brand in general can be estimated by correlating with the change in return on assets. Typically, return on assets would be higher for high-quality assets. Brands tend to perform better with quality assets available for production, sales and marketing and consistent research and development. The level of Support for a brand would be reflected by additional investments to maintain the goodwill of the brand. The brands Protection could be quantified by analysing its threats against acquisition, bankruptcy and other financial distress costs related to management. The most efficient measure we could use to quantify the protection is interest coverage ratio (ICR). We have assumed that all the above seven parameters have an equal weight to the brand strength of Kingfisher, except the market factor which we have taken as zero. Brand Strength = Leadership + Stability + Market + Internationality + Trend + Support + Protection The operational performance of the top seven companies (current data available for seven companies only) of the breweries industry in India has been compared to that of Kingfisher in order to estimate the brand strength of Kingfisher. The relevant data has been extracted from Capitaline. The columns highlighted in yellow contain negative values and needs to be normalized as shown by the data below. The remaining columns have already been normalized. The seven companies have been ranked from top to bottom on the basis of market share they hold which is equal to company net sales as a percentage of industry net sales. Similarly market capitalization has been normalized as a percentage of total industry market capitalization. Export revenues and S A (Selling and Administration) expenses are a percentage of the total net revenues and total expenses of the company respectively. The Revenue CAGR and NP. CAGR are calculated by averaging the growth rates of revenues and net profit respective ly for the past three years i.e. 2008-2010. The columns in yellow are normalized by the process of assigning highest weights to the maximum value and assigning lowest weights to the minimum value. For example, in order to normalize the net profit margin (NPM), we have assigned a weight of 6 to Globus Spirits followed by a 5 to Mount Shivalik and finally going on assigning weights of 4, 3, 2 and 1 in the descending order to the remaining companies with a weight of 0 being assigned to SKOL Breweries, which has the minimum NPM of -10.39. All the other negative values are also given weights ranging from 0 to 1 depending on their proportion i.e. a higher negative value of -3.93 would be given a lower weight of say 0.1 compared to a lower negative value of -2.54 which would be given a weight of say 0.5. The method of assigning weights to negative values has been purely done on a subjective basis and there is scope of further improvements. The other columns have also been normalized in the same fashion. The normalized table is shown in the next page:- We can now calculate the consolidated brand strength based on the measured values of the quantifiable variables which relates to the seven factors responsible for brand strength. The consolidated values of each of the seven factors are shown in the next page below. The brand strength factors such as leadership and trend which are measured by more than one quantifying variables are consolidated and then the average of the consolidated value is taken to reflect the corresponding factor. This is shown in the next page. The next step which we need to incorporate is to find out the relationship between brand strength and brand multiplier. The Interbrand S-curve is shown below. The S-curve function is approximated using a sigmoid function wherein we have the relation, brand multiplier = f (brand strength). From the paper Valuation of Brands and Intellectual Capital written by Pablo Fernandez, we have estimated the brand multiple of Kingfisher brand by interpolating its corresponding brand strength using the source as the four values of brand strength and corresponding brand multiples mentioned in the paper. From the S-curve above, we can roughly estimate that the brand multiple for a brand strength of 1 would be equal to 0.7. A brand strength of 38 has a brand multiple of 6.3 as shown in the table beside. Hence, the brand multiple of Kingfisher brand for a brand strength of 16.63 % would be equivalent to:- Brand multiple = 0.7 + {(6.3 0.7)/ (38-1)}*16.63 = 3.217 Hence brand value of Kingfisher brand is estimated to be equal to:- Brand Value of Kingfisher = brand multiple*Kingfisher brand differential earnings = 3.217*72.87 = 234.42 crores Royalty Relief Brand Valuation Method This method is one of the most efficient methods currently used for brand valuation as per industry practises. In this approach, a royalty rate is estimated by the brand owner/licensor, which needs to be paid by the third party/licensee for using the brand defined under the guidelines of Intellectual Property Rights (IPR) usage. The brand value would then be determined by the present value of the royalty stream after taxes. The methodology used in the royalty savings method or the royalty relief method comprises of the following steps:- Estimate the branded net sales for the planning horizon (generally three to five years) Determine a reasonable royalty rate that the two unrelated parties would have set for the transfer of comparable brands in an arms length transaction Multiply the estimated royalty rate by the projected sales of the brand over its economic life. The result represents annual royalty savings Apply a fiscal charge in each period to estimate the after-tax royalty savings for each Estimate the brands perpetual growth rate, economic useful life and discount rate Discount the royalty stream after taxes at present value The royalty rate used for estimating the future royalty streams in the planning horizon, depends on several factors. They are:- The brand strength The duration and termination provisions of the agreement The licenses exclusivity The parties negotiating power The products life cycle The local market conditions, particularly the margins earned in the local market The level of operating margin or licensees sales. Generally, the 25% rule and the 5% rule are associated with this factor. The 25% rule states that the royalty rate is estimated to be 25% of the operating profit of the licensees sales whereas the 5% rule states that the royalty rate is estimated to be 5% of sales. We have tried to estimate the royalty rate by comparing with the brand strength we obtained from the Interbrand brand valuation method. The relationship table between brand strength / brand scores between 0-100 and royalty rates has been taken from a paper whose source is mentioned below the table:- The formula for calculating the royalty rate for brand strength of 16.63 from the above table is shown below. It is a basic method of interpolation. Royalty rate = 1.0 + {(7.0 1.0) / (50 0)}*16.63 = 2.996 % of net sales We have assumed that the economic life of a brand is approximately around three years after which the branding of the product (in this case Kingfisher) needs to be changed in the form of better RD efforts, operational excellence, advanced innovative campaigns, etc. The calculations of brand value using the royalty rate method is shown below:- Thus, using the royalty relief method we see that the brand value of Kingfisher is 224.52 crores which is almost equal to the brand value we have obtained from the Interbrand brand valuation method. Here we have assumed that the economic life of the Kingfisher brand is 3 years. Its a subjective assumption; however the assumption is based on the industry practises of brand valuation methodologies used.

Antiguan Paints: Lack of Communication and Poor Organizational Structur

As this case analysis was thoroughly investigated we have discovered that the company Antiguan paints had some major problems, after careful consideration and collaboration it has been established that the core problems which hinders the success of Antiguan Paints are as a result of the lack of organization structure and Communication. The Satellite problems stated within this case study are management, leadership, role conflict and role ambiguity. Organization structure can be defined as the process that determines the authority relationships amongst employees within an organization. Communication can be considered as a process or flow, it conveys a message and it is the transference of understanding and meaning, it is also physical as well as psychological. Summary of the Facts Antiguan Paints was formed in 1980 by a group of local businessmen who came together to take over a foreign owned company that had gone into voluntary liquidation. The company continued to make a loss after two years and as a result of the loss they hired a consultant, Mr. Stanley Edwards with whom they depended on to make major decisions within the organization. During Mr. Edwards’s stint at Antiguan Paints he was informed of various complaints against Mr. Hilary Frankly. It has been said that it was a case of no management rather than mismanagement seeing that Mr. Franklyn was not able to cope with people. The majority of employees came from the same neighborhood as Mr. Franklyn. Mr. Franklyn allowed the workers to lime and play cards during work hours, he allowed tardiness for example employees being late from which he did nothing. Mr. Franklyn took the responsibility and did all the work himself. Causes of the Problem Firstly,... ..., depress and exhibit dissatisfaction. Mr. Franklyn is constantly allowing his subordinates to exhibit behavior that they have learnt within their environment, this is as a result of majority of his subordinates living within the same neighborhood and he has allowed them to bring the same culture that they exhibit within their neighborhood into the organization. Hence his subordinates don’t have any respect for him and they will continue to do as they please once they know that at the end of the day Mr. Franklyn is going to do the work and also that he would not reprimand them for their behavior. The lack of a marketing department within the organization has also resulted in their problems; they took it upon themselves to unethically sell both their higher and lower level products at the same price however obtaining other supplies to label the lower quality paint.

Essay --

Creative Analysis & Solutions value of businesses SYSTEM REQUEST - CENTRALIZED SYSTEM FOR ELECTRONIC RESERVATION AND BILLING Business Need: This project has been initiated to replace the existing paper based reservation and billing system with the centralized system for electronic reservation and billing of the customers to provide the best personalized service to the target customers. Executive Summary: Currently we are in a project initiation phase. Following is the list tasks we will be doing throughout the project tenure. We have got approval from Mr. Jim and Mrs. Marlene Dodge, owner of this project for the system request. Based on the assumptions we have made en economic feasibility chart. Tasks associated with the project in each phases: Phase Tasks Deliverables Explanation Project Initiation 1. Create Project Charter Project Charter It is an official document from the sponsor. It describes the mission of the team and how to accomplish that mission. 2. Complete feasibility analysis Constraints and Assumptions Feasibility Analysis determines whether to go forward with the project or not. It also covers the risks associated with the project which is very important to understand before the approval of the project. This is the most important deliverable of the initiation phase. Following areas will get covered in Feasibility Analysis. a] Technical Feasibility: Deals with the risks associated with the use of applications and technologies while the project is going on. It's always risky if we use an unfamiliar application or technology. ... ... 1 1 6 10 13 12 13 14 18 19 19 20 21 22 23 24 38 29 38 39 48 34 48 49 50 49 49 49 51 52 52 References: 1] Systems Analysis and Design - Dennis. Wixom. Roth 2] www.google.com 3] http://www.tryonassoc.com/pdffiles/Task%20List%20-%20Project%20Management.pdf 4] http://www.ofm.wa.gov/ocio/pmframework/initiation/planning/schedule.asp

Ap Language Essay

Foskuhl 1 Baxter J. Foskuhl Mrs. Murdock AP Language & Composition November 11, 2012 Our Dream The American Dream is a principle. Our American Dream is not written down, not created by our founding fathers. The American Dream is a set of beliefs that dictate much more societal change than the Government and even the Constitution. Since it is not written down or legalized, it can change, grow, and flourish however the people of this country decide it to. The American Dream does not prejudice by color or origin. It is not constrained by demographics nor can it be classified as a status.The dream cannot be amended, voted for, or killed. The word shalom comes from the language of Hebrew, meaning peace, community, home, love. Similarly, the American Dream is a belief that has multiple connotations: work, equal, freedom, wealth, opportunity. These meanings are constantly being redefined. Over time, however; the American Dream has come to being something different for every generation. The tremendous social changes that have happened within the last forty years have significantly changed the definition of the American Dream. For example, there were roughly 150 million people living in the United States.Since then, multiple recessions, social movements, technological leaps, all along with the current population of roughly 308 million has significantly altered the definition of the American Dream. The classic view of the Caucasian family of two kids, two cars, a white picket fence and a Labrador retriever is far from todays American Dream, and society as a whole. The American Dream does not just consist of white Foskuhl 2 families anymore. It does not fulfill to the assumption that men are allowed to abuse their wives, and keep them at home where they are â€Å"supposed† to be.Also, the American Dream most certainly does not promise the newest Ford every year. The Dream is the couple who recently adopted an adorable Asian baby. The Dream is the recently immigrate d Hispanic family who can breathe fresh air, drink clear water, and live safely. Even more, the American Dream is a principle of hope, from the poor city kid who strives to be a Doctor, to the Hawaiian-born scholar destined to become the leader of the free world. The idea of the American Dream has influenced arts, film, politics, literature, etc. , etc. For example, F. Scott Fitzgerald uses Jay Gatsby to portray the American Dream in the 1920’s.In the novel, Meyer Wolfshiem talks about how he raised Gatsby up from nothing, a key component of the American Dream. Wolfshiem shows this when he says â€Å"’I raised him up out of nothing, right out of the gutters†¦Ã¢â‚¬  (Fitzgerald 171). The process of going from rags to riches is one of the core concepts of the American Dream. Fitzgerald also displays the American Dream as money, wealth, the â€Å"better† life. Fitzgerald shows Gatsby as a man wealth when Nick says â€Å"The one on my right was a colossal af fair by any standard- it was a factual imitation of some Hotel de Ville in Normandy†¦Ã¢â‚¬  (Fitzgerald 5).The kind of American Dream that Fitzgerald portrays in the 1920’s is one of wealth as achievement and coming up from practically nothing to achieve so. Jay Gatsby was a simple Minnesotan boy with not too much given to him, who, as Fitzgerald would have it, climbed his path and attained a status of wealth. This was the symbol of achievement in the 1920’s. Jay Gatsby’s attainment of wealth represents Fitzgerald’s portrayal of the American Dream in the 1920’s. Foskuhl 3 The portrayal of the American Dream as presented in F. Scott Fitzgerald’s the Great Gatsby does not hold true in today’s society.I believe that the significant difference is while the 1920’s American Dream is one of attaining the quantity of money; the 21st century American Dream values the quality of life, and the equal pursuit of happiness. Currently, I think the American Dream is not about having millions of dollars or a white picket fence with Lassie in the front. A more modern American Dream is one about having the choice to who you love, the opportunity for education regardless of your intellectual ability or income level, and financial security. Today's American Dream is about peace, safety, equality, opportunity, and not trying to become the 1%.

History of state and federal prison Essay

Prisons, unlike jails, confine felons sentenced to longer then a year to serve their sentence within the facilities. They are operated by state governments but the Federal Bureau of Prisons also houses federal offenders in Federal penitentiaries. Since its establishment of prisons within the United States, over-crowding has always been a growing problem in both state and federal prisons. Since the beginning of the first state penitentiary in America, which was Walnut Street Jail led by Dr. Benjamin Rush in Philadelphia in 1790, officials and scholars have always been looking for more humane and reformed alternatives to punishments for criminals. Through the years state prisons have found ways of making the penitentiaries more humane and reformed through public work services and other forms of labor. In the 1930s, state prisons developed prison work camps in which inmates would be made to work various labor jobs as â€Å"slaves of the state†. Today prisons are much different where they do offer labor programs in some states, prisons are more for reforming the criminals through educational and religious programs. As well as work there is also the variety of security levels for prisons present today which are: Maximum-security prisons, Close high-security prisons, Medium-security prisons, Minimum-security prisons, and Open-security prisons. Most state prisons have multilevel prisons to house various levels of securities depending on the offender. State prisons aren’t the only one that has history throughout the years, as there is also Federal prison. Congress passed the â€Å"Three Prisons Act† in 1891, establishing the Federal Prison System implementing the first three prisons: USP Leavenworth, USP Atlanta, and USP McNeil Island. Throughout the years of federal prisons there have been various forms for federal prisons that house particular groups of offenders from juveniles, implemented in the 1920s, to reformatories for women. This moved to establish a more centralized way of doing administration and that was through the Federal Bureau of Prisons in 1930. Through the years, BOP has opened 16 institutions bring the total of federal prisons to 115 with a population of more than 211,310. State and Federal prisons may have their issues to work on as far as overcrowding and prisons conditions but the United States would not be where it is today without the help of our prison systems and it’s officials. References †¢ Federal Bureau of Prisons, (2010) retrieved from http://www.bop.gov/about/history/first_years.jsp †¢ Foster, B. (2006). Corrections: The fundamentals. Upper Saddle River, NJ: Pearson Prentice Hall.

Why magnesium is used in Grignard reactions?

Grignard Reagents were discovered by Victor Grignard in 1900. They are classically formed by reacting magnesium turnings with alkyl halide in ether or THF solvents, to form solutions of alkylmagnesium halide. The atmosphere must be moisture –free and inert and magnesium must be of high purity.  Magnesium is usually covered with a coating of magnesium oxide, so an activation agent like Iodine or Dibromoethane is added. They can also be formed from by when an organolithium compound reacts with a magnesium halide In organic chemistry C-C bond is one of the most important bonds. To make these C-C bonds organometallics such as organolithiums, Grignard reagents and carbonyl compounds are used. Grignard reagents are our first source of carbanions (anions of carbon). The polarity of a covalent bond between two different elements is determined by electronegativity. The more electronegative an element is, the more it attracts the electron density in the bond. Hence, the greater the difference in electronegativity, the more polarized a bond becomes. In the extreme case of complete polarization, the covalent bond ceases to exit and is replaced by electrostatic attractions between ions of opposite charge. The reactivity of the carbonyl groups is due to the polarization of the carbon-oxygen bond toward the more electronegative oxygen. For e.g. – Polarity inside a Formaldehyde molecule Thus organometallic reagents act as nucleophiles towards the electrophilic carbonyl group. In organolithium compounds and Grignard reagents, the key bond is polarized in the opposite direction, towards the carbon – making carbon a nucleophilic centre. This is true for most organometallics because, metals like Li, Na, K, Mg, ca, Al, Cu, Zn etc. all have lower electronegativity than carbon. Also, the alkali metals (Li, Na, K etc.) and the alkaline earth metals (Mg and Ca, together with Zn) are good reducing agents, the former being stronger than the latter.   Hence, these can be used to make organometallic reagents with carbon. The alkyl magnesium halides are called Grignard Reagents after the French chemist, Victor Grignard, who discovered them. The other metals mentioned above react in a similar manner, but the Li & Mg are the most widely used. Feature Article Relative Rates:  Free-Radical Bromination These reactions are substitution reactions, but they cannot be classified as nucleophilic substitutions, as in the reactions above. Because the functional carbon atom has been reduced, the polarity of the resulting functional group is inverted (the original electrophilic carbon becomes nucleophilic). This change, shown below, makes alkyl lithium and Grignard reagents unique and useful reactants in synthesis. Reactions of organolithium and Grignard reagents reflect the nucleophilic character of the functional carbon in these compounds. The nucleophilic carbon of these reagents also bonds readily with electrophiles such as iodine and carbon dioxide (fifth equation). The polarity of the carbon-oxygen double bonds of CO2 makes the carbon atom electrophilic, shown by the formula in the shaded box, so the nucleophilic carbon of the Grignard reagent bonds to this site. Carbon has in consequence an unshared electron pair. Such a carbon would be a very strong base, much stronger than needed to take an H+ from water to generate the weaker base OH-. A practical consequence of this is that Grignard reagents must be kept dry, away from even the slightest traces of moisture, lest they be destroyed by reaction with water. Works Cited Clayden, greeves, Warden and Wothers, â€Å"Organic Chemistry†, Oxford University press,   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   2001, ISBN 0-19-850346-6 http://www.chemguide.co.uk/organicprops/haloalkanes/grignard.html

How useful are the views of Anzac soldiers at Gallipoli suggested in Source A, B and C

All the sources are useful because even though they may not be reliable, they show the people's opinion of the Gallipoli campaign. Sources that show peoples opinion can be used to explore how the solders felt through out the wars. Source A was published in 1916, just one year after the Gallipoli campaign. This makes it a primary source, which could mean that its more reliable as it was written nearer the time, and details have had less time to be forgotten. It was made on the Gallipoli peninsular, which shows that the artist had an eye witness account this would mean he was relying on his own knowledge not someone else's. Although it as created by an Australian artist, which might mean it, is biased or exaggerated because he might want to make the Australians look better, it shows both the good and bad side of the war. The cartoons show two ANZAC soldiers as they looked during the Gallipoli campaign. The first cartoon shows a man in a large over coat, shoes that are to big for him, a gun, he's yawning and has skinny legs. The large coat and shoes that are to big for him suggest that the supplies aren't getting through and they are very low on resources so he has to use anything he can get. The skinny legs also show that there is a lack of food and that the soldiers are very weak. I know from my own knowledge that supplies weren't getting through and that food supplies were very low. Also there were thousand of flies, which infected the food so that the little food that was left was not edible. The title â€Å"another hopeless dawn† shows the soldiers feel that they are not getting anywhere and that they are not going to progress anywhere with the knew day. The source is quite reliable and is useful because it shows an actual account of the soldier's time in Gallipoli and is not over exaggerated to make them look better as it shows the positives and negatives. Therefore it can be use to show how the conditions affected the soldiers, it also shows what the soldiers looked like during the war. Source B is useful because it provides a historical account. However it maybe bias as an Australian writes it and he might want to make his army look better. It is a secondary source so it might be more reliable because there might be more sources available. Also the people who have written the sources he's based his book on have had time to recover from the shock they may have suffered and write the sources more accurately. I know part of it is truthful and is reliable, as I know that the citizen soldiers were trained from an early age for military. It is also similar to the feeling in Britain – † to be left behind was unthinkable. So we know that this part is truth and reliable. However, part of the source is unreliable as it is just one man's opinion (John Kegan). â€Å"New Zealanders skills with the rifle and spade would win them a reputation as the best soldiers in the war during the 20th Century. † We know this is not true as the New Zealanders lost their battle at the Gallipoli campaign to the Turks. As the British and French troops won most of their battles during the first and Second World War it could be argued that they were the stronger and better troops of the 20th Century. It also says in the source â€Å"†¦ ormidable offensive power, as the Turks were soon to discover† we know this is not true as they lost to the Turks. I also know the landings at Sulva bay went wrong for the ANZAC troops and also the landings at ANZAC cove and Cape Helles beach failed. This shows they cannot be the â€Å"formidable offensive power† the author makes them out to be and that he is maybe exaggerating what happened to make it his troops sound better. This source can be used as an insight as to what happen when the new Zealanders got called up to war, and what the New Zealand people thought of their troops. Source C is written by a reporter, but it is not clear as to what country he is from, the way he talks about the Australians suggest that he is not from Australia, but is impressed by them. He seems to over exaggerate the part they played in the war and the way they dealt with it. This would suggest the source is unreliable as it is his own opinion not actual facts. This source shows what some people thought of the Australians â€Å"it was great to watch them as they went†. It shows the high moral and ANZAC spirit that was present through the campaign, I know this is probably true because is very similar to what happened in Britain through out the first and second war there was arguably very high British spirit. It also has some inaccurate points i. e. ‘absolutely unaffected by the bullets' – this cannot be true as many troops were killed by bullets. I know that there were 200,000 allied casualties and some of these were from the ANZAC troops, therefore they weren't unaffected by bullets. This source is best used as an opinion and insight into what was thought of the Australians rather than as reliable account of what actually happened. In conclusion Sources A, B and C are useful in different ways. Source A is the most reliable and accurate account of what actually happened and could be used to show what actually happened. Source B and C is best used as opinions of what happened, where the truth may have been exaggerated or distorted. It can be used to show an account from the ANZAC point of view and how their people felt towards the campaign.

A Study of Change Management in Coca Cola

A Study of Change Management in Coca Cola Introduction According to a Greek philosopher Heraclitus â€Å"there is nothing permanent than change†. He believed that change is the core of universe. This quote describes the importance of managing change in human as well as organizational life. A structured approach to transfer organization, its people and processes from current state to a desired future state is called change management. This process gives employees the ability to accept changes in the existing environment of the business. Change can be of different type for example, change in technology, operations or strategies etc. company needs to implement individual strategies to cope with each type of change. Organizations need to change and adopt dynamic survival strategies to stay alive in uncertain political, social and economic environment (Hiatt and Creasy, 2003). All environmental factors present in the nature experience change on continuous basis. Human nature resists change, so managing that resistance req uires well planned change management strategies. This report is aimed at describing the importance of change management for organization its motives and objectives, change management processes, how company can involve all the stakeholders for successful implantation of change management and the strategies that an organization can adopt to implement the successful change. Reasons for adopting change Organizations need change for the following reasons: To respond to the rapidly changing environment To improve the overall performance of the company To rapidly respond to the customers’ demands To improve the effectiveness and efficiency To increase the employee performance To create the best practices inside the organization and setting standards for the industry To improve profitability and return on overall investment Change management is needed for organizational survival. So the company should adopt to change management techniques in order to maintain its worth in the industr y. Importance of change management In a study 327 project managers had responded to the question that â€Å"if you had a chance to do it again, what would you do differently?† Most of them responded that we will implement an effective change management program planned way before starting the project. This study highlights the importance of change management in an organizational perspective. Change management moderates the risks that can cause failure (Jeff and Creasey, 2003). The change management process Change management is being studied by the philosophers, researchers and business experts for many years. A number of change management theories, approaches and philosophies are developed by psychologists and management professionals to implement successful change in the organization (Paton and MacCalman, 2008). There are three phases of change management i.e. preparing for change, managing change and reinforcing change. Preparation for change phase includes assessment of cha nge capabilities and capacity and developing a strategy that fit to those capabilities. Second phase i.e. â€Å"managing change† phase includes processes like planning and implementation of strategies made in the first phase. Last phase which is the reinforcement of change includes the processes like collection and analyzing of feedback data, finding out gaps and coping with determined degree of resistance from inside and outside the organization and taking corrective actions to successfully conclude the change management process (change management learning center, 1996-2011).

Management Strategies and Practices Essay Example | Topics and Well Written Essays - 750 words

Management Strategies and Practices - Essay Example This paper explores methods available for today’s managers to assist in attracting, motivating, and retaining employees to make a more productive organization. Finding the right individual who can fit the culture of the organization, according to Greengard & Byham (2003), involves hiring based on attitude and the candidate’s perceived ability to relate to customers in a positive manner. The authors further suggest that using this behavioral approach to assessing potential employees can be time consuming, offering the need for multiple interviews in order to make the right assessment. This tends to suggest, despite the efforts required of the hiring manager, that the outcome of these extended efforts will produce the best employee for the job. In actual business practice, research suggests that many managers simply do not have the time to invest in lengthy, multiple interviews due to the demands of a competitive business environment (Nickels, McHugh & McHugh, 2005). However, it might be a logical assessment that making the effort, despite the difficulties due to increasing business pressure, would far outweigh any minor interruptions to regular business operations when the outcome is a quality employee who may remain loyal to the firm for years. Of interest to the concept of motivating employees is recognizing a theory of management proposed by Douglas McGregor: Theory X and Theory Y. Offering a brief definition, Theory X basically proposes that people are lazy by design, thus without management intervention they would not accomplish their tasks (Gallas). Theory Y, in opposite accord, suggests that employees, if they are nurtured to succeed, will work diligently toward assisting the organization (Gallas). Companies which direct employee activities using the Theory Y approach, in most instances, will likely receive a better end

Macro & Micro economics Essay Example | Topics and Well Written Essays - 750 words

Macro & Micro economics - Essay Example Technology-based water pollution-control standard might not be the most economically efficient or cost-effective way to achieve a given level of reduction in water pollution because this approach would require us to spend more. There is associated monetary amount linked to this move, and so the most important initiative that we need to take to ward our way off an insurmountable amount of expenses is to encourage the participation of everyone, because it is here where the necessary general control starts. Just like the initiative employed in Wabash Rivers, the governor recently would want the land conservation initiative, as this has potential viewed impact to preserve important natural resource and habitat (Wabash Rivers Initiative). In this initiative, there is a required participation of the majority to have consensus general impact, which means there is a necessary uniform action that everyone should implement, reducing the other relevant potential costs had it been that not every one is participating. 2. Discuss the different point sources and nonpoint sources for water pollution. Explain why it has been more difficult to reduce the nonpoint sources. Be specific about what types of nonpoint sources are contributors to water pollution. Point source of water pollutions comes from one source such as either a factory or waste water treatment plant, but the nonpoint sources for water pollution come from the accumulation of pollutants from the day-to-day activities of individuals in the society (Point versus Non-Point Source Pollution). A specific type of nonpoint source is from driving a car. This is an activity that goes daily, and it is hard to reduce this one because transportation has become a critical point in the economic development of the society. For example, transportations have become crucial components of the moving transactions from one company to another. Transportation definitely links the trade and commerce industry in order to flourish and obtain the economic advantage they so desire to achieve. People also require transportation in order to complete any related economic activities they have to perform for the day prior to their survival and the achievement of their basic necessities in life. In other words, it is really difficult to eliminate transportation, as a nonpoint pollution source in today’s highly advanced and economically developed society. 3. In the Taking Sides articles, Milton Friedman argued that indeed profits are the only business of business. Explain what that might mean for controlling environmental pollution. Without government regulation, when would you expect firms to engage in activities that help the environment? Give specific examples. Without government regulation, firms will engage in activities that help the environment when things around them could affect their business, as essentially, Milton Friedman has the point of saying that profits are the only business of business. After all, busi nesses substantially exist because they want to achieve profit in the first place. This profitability may be affected when for instance the companies’ productions may be affected by the lack of raw materials that comes from the environment, as eventually the upshot of on-going pollution. A fish canning factory for instance may go bankrupt or may close business when the supply of fresh raw materials from the ocean deteriorates due to prevailing environmental pollution. Here will be the point when that canning factory will adhere to environmental sustainability and initiate moves or strategies linked to their corporate social responsibility, encouraging the society to take part of their goal to preserve the environment where they get their source of raw materials for their production. 4. Compare the

Technology and a Just Society Assignment Example | Topics and Well Written Essays - 500 words - 4

Technology and a Just Society - Assignment Example As a point of departure, technology has influenced human life on the globe through diverse innovations, which have contributed to life transformation. When all classes of people in a society are treated equally, even the impact of technology is universal. It is realizable that, life takes a different dimension for various classes of people in a society when injustice is evident in embracing life-changing technological activities for the poor. For instance, Deborah and Wetmore argue that the technology of appliances pushed the servants to the corner, because they became unnecessary, and the servant class’s children began to go to college. This implies that they transformed into the middle class. This technological innovation represents a mixed blessing. First, it pushes the servants (employees) to the poor class and second, it propels the servant class to the middle class. According to Deborah and Wetmore, he thinks of pushing technological innovation towards a different and modern direction. Dyson asserts that technology should be pushed from that of making toys for the rich to the basic needs of the poor. Majority of the poor people would choose to live in the rural areas as long as the technology is applied to make the places rich. Dyson’s argument advances to the point of proposing that poverty can be reduced through three ways of technological developments, which includes solar energy, genetic engineerin g, and the internet. Advancement of this development will open up remote areas and consequent. On the other hand, the aspect of Embodiment and Virtuality is fundamental to changing the lives of people. In actual sense, expansion in technology contributes to the expansion of possibilities of the virtual such as surrogacy, cloning among others.

The businesslike nature of the health care organizations including NHS Essay

The businesslike nature of the health care organizations including NHS - Essay Example The aim of the present study is to prove that NHS is a business organization which has implemented business principles in order to function effectively. The study begins with a discussion on how health care overall in a business and how NHS in UK is also functioning like a business organization. The business strategies being implemented in the organization to improve its performance and efficiency at a low cost are also explained. The trends in global health care are also explained and measures taken by NHS to keep up with the changes are also discussed. The conclusion of the study is presented in the end. Health care as a Business Health care is a USD 6 trillion dollar industry as is very much treated like a business in the global environment. Just like any other business, the health care industry provides provide returns on investments, creates jobs, provides insurance, and is often funded by the government (Ralston, 2007). Moreover, the services it provides are necessary for survi val of a society, thus it must be maintained as a business to ensure the future and present smooth running of the industry. In order to maintain health care as a business, the health care triangle must be maintained, which includes the â€Å"access, cost, and quality† of the services being provided to the consumers (Gandhi, 2012). Since health care is treated like a business, the individuals to whom it provides services are treated not as patients but consumers whose needs must be satisfied. Keeping this view of health care as a business in mind, the concept of Accountable Care Organizations (ACO) was introduced by Dr. Elliot Fisher in 2006 (Fisher, 2010). According to this model, an ACO is a â€Å"local health care organization and a related set of providers (at a minimum, primary care physicians, specialists, and hospitals) that can be held accountable for the standards of care delivered to a defined population† (Devers and Berenson, 2009, p. 1). This modal has becom e a major part of the US health care system since its implementation under the Patient Protection and Affordability Care Act (Gandhi, 2012). The private health care firms operate more like business organizations than the public health care organizations as they provide quick quality care to the patients. Many patients whose treatments are delayed or denied often seek treatment from the private firms that charge their patients the desired price for their services. The private health care industries in the United Kingdom have been a victim of criticism in recently because of their inability to provide precise information of quality and price of their services (Ruddick, 2011).The business for the private health care firms is generated mainly through health care insurance and network agreements while some patients may also choose to pay themselves for the services (Ruddick, 2011). National Health Service as a Business The National Health Services (NHS) represents the three of the four h ealth care systems in the United Kingdom which is publicly funded through general taxation instead of health insurance. NHS is subjected to a number of health care services that are provided free of cost at the time of use. The NHS provides jobs to over 1.2 million people and allows patients with serious conditions, as indicated by the General Physician, a direct access to specialist treatment (Popper, Sutton, Whitnall, and Windmeiier,

Corrections and Juvenile Justice Pt 2 Research Proposal

Corrections and Juvenile Justice Pt 2 - Research Proposal Example Juvenile offenders also dealt with abandonment issues, adjustment problems, and were eventually removed from their homes due to poor supervision on the part of the parents. In 1972, the FBIs Behavioral Science Unit was established in Quantico, Virginia for the purpose of studying the techniques and analyzing the patterns of serial killers. Their hard work and efforts resulted in foolproof methods of identifying variable elements the serial killer possessed, which would later distinguish him/her from a single-incident (murderer) and other categories of multicide, including the mass murderer (an act in which a number of people are killed by a single assassin in a short period of time), and spree murderer (multiple killings take place over a longer period of time, days, weeks, years (Douglas & Olshaker, 1995). With this information, the FBI was able to research into collected data and research demographic information collected on their primary subjects childhood and to determine their propensity to commit the aforementioned criminal acts. As a result, their findings yielded useful and profound information about the subjects juvenile delinquent history, wh ich was later utilized in creating profiles of serial murderers as well as violent offenders. For many years, researchers believed that both personality and situational factors must be taken into account in the assessment of dangerousness in juvenile offenders, and offered instructions on how to identify the factors (Quinsey, 1995). In recent years, it can now be accepted that violent behavior in youths as well as dangerousness, is a complex behavior which is determined by biological, psychological, and sociological factors (Ward & Gibson, 2010). Experts categorize youth that persistently offend the law in order to gain clarity and understand their behaviors. There are three types of juvenile offenders according to Jones, Harris, Fader, and

Research & Strategy Proposal Paper Example | Topics and Well Written Essays - 750 words

& Strategy Proposal - Research Paper Example The latest trends in internet marketing including the use of apps marketing is some of the ways in which firm can actually achieve its targets. This business strategy proposal will present discussion on the use of affiliates as well as the lead generation as possibly two important methods through which Jewelry for All to increase its revenue. Lead generation Customer acquisition is considered as one of the key strategic variables for the organizations. Firms like Jewelry for All working in online market need to find ways through which they can further penetrate into the new and existing markets. Online lead generation is one cost effective method which if utilized properly can increase the number of customers for our firm. Lead generation can be effective in the sense that it can allow our firm to utilize the strengths of other firms while gaining extra exposure to the market. Through lead generation, firm can actually tap into the new possibilities and further expand the market with the support of strong personal selling and other marketing techniques. (Rees, 2010) In order to successfully implement this strategy, it is important that the firm must develop strategic alliances with different firms from whom further leads can be generated. Formation of strategic alliances will allow the firm to utilize the strengths of already established players in the market while at the same time gaining exposure to the larger market. (Charlton, 2010). We should aim initially aim at those firms which are offering the brick and mortar type of business selling jewelry in on an offline market through their stores. For each lead generated, we should be able to pay reasonable price which may be tied with the final value of the sales made. It is important to note that this approach will require coordination with not only the firms generating leads but with the potential customers identified through this lead generation process. Affiliate marketing Affiliate marketing is another eff ective way through which the firm can effectively reach to the new customers. The increasing popularity of the affiliate networking sites and their relative brand strength can serve as one of the best strategic tools for the firms to expand into new markets and take advantage of the brand reputation of other firms. (Swan, 2010). In order to set up an effective affiliate program, it is important that the firm must offer higher commission rates to the affiliates. Further the development of a tiered commission structure would further induce the experienced affiliates to market and sell our products. It may be possible that the firm use different affiliates for different products i.e. for less expensive items such as gems and materials, firm can target different affiliates however, to sell the high value items, more experienced and established affiliates need to be listed. In order to successfully develop the affiliate program, firm can also use the social networking sites such as faceb ook and twitter to gain access to the unique and large number of affiliate marketers. (techcrunch.com, 2009) Plan of Action It is recommended that the firm should adapt the affiliate

Raynauds Phenomenon Essay Example | Topics and Well Written Essays - 500 words

Raynauds Phenomenon - Essay Example The primary type may proceed into secondary which may in severe cases culminate in gangrene and necrosis. Raynaud’s phenomenon is thought to result from over activation of the sympathetic system, which is characterized by vasoconstriction leading to a state of lack of oxygen in the tissues. In a patient with Raynaud’s phenomenon, there may be three skin color changes; at first the skin may undergo pallor which is primarily due to constriction of arteries (Spencer, 1998). This may be followed by cyanosis which is blueness of the tissues due to hypoxia, with the final change settling in as rubor that is redness due to return of blood into the arteries of the affected parts. However, it is not obligatory that all patients have a triphasic change of colors. In fact, it is now believed that most patients present only with bluish discoloration of digits, which is known as acrocyanosis (Sharathkumar, 2011). However, some groups of thoughts negate the idea, they believe that ac rocyanosis is distinct from Raynaud’s phenomenon since it is characterized by continuous cyanosis (Wigley, 2002). Raynaud’s phenomenon in infants is a rare finding. One such finding was relegated by a research paper consisting of a case report regarding an infant presenting with unilateral cyanosis at 1 month of age, who was later diagnosed to have primary Raynaud’s phenomenon at 9 months of age (Sharathkumar, 2011).

HR data collection Essay Example for Free

HR data collection Essay HR data collection makes company able to measure against it supporting workforce planning, monitoring progress and development, developing initiatives for generic cases. It identifies and analyses information to aid the organization in making ultimate decisions both beneficial to the organization and its employees. Two reasons considered closely. Through HR data collection an organisation can: 1) comply with legislative and regulatory requirements regarding equal opportunities, equal pay audits, recruitment, assessing skills balance, absence recording. 2) monitor training and performance for employees, assessing each individual employee for productivity and identifying training needs. That means assessing the productivity within the business. Being well informed about the workforce is the key to aim the ultimate goal of the organization. Data collection enables management team to make informed decisions about future activity. Two types of data collected and their support: 1) Attendances is useful to monitor and gauge daily working hours and monitor absences. That enables HR to manage regular absentees successful and deal with any issues the employee might have. 2) Organisational records which includes: staff turnover, absenteeism, recruitment documentation, learning and development. HR department can monitor staff level making decision about a further recruitment process. It is also essential collecting and updating employee records such as home addresses and people to contact in time of emergency. These information are helpful where the employee not to come to work without notice. Records can be stored: 1) Electronically through computerised system. In this way organization can keep information up to date easily and any information can be sent and received rapidly. It also reduce company costs and the amount of data can be stored with no taking up much office space and they can be sorted, found, moved and protected easily. 2) Manually in paper format. In this case the risk of corrupted data is less and information are accessible in any time considering occurrences of power cuts or electronic system crashes. Moreover problems with duplicates of the same record are usually avoided. Two items of UK legislation relating to recording and storing HR data: 1) Data Protection Act, 1998. It concerns all personal records whether held in paper or electronic format. The act contains eight protection principles specifying personal data must be: Processed fairly and lawfully. Obtained for specified and lawful purposes. Adequate, relevant and not excessive. Accurate and up to date. Not kept any longer than necessary. Processed in accordance with the â€Å"data subject’s† (the individual’s) rights. Securely kept. Not transferred to any other country outside the EU without adequate protection in situ. 2) Freedom of Information Act, 2000. It allows people to ask any public body for information on both any subject an organization has and themselves too. So that the act encourages organization to be transparent and, unless a valid reason, the organization must provide requested information within 20 working days. Through this act people can access to informations needed and ensure they are not exploited or used inappropriately.