Wednesday, October 30, 2019

10 Essay Example | Topics and Well Written Essays - 2000 words

10 - Essay Example There are two groups of software professionals; one is the production part of software development and the other one is service part of IT providers. The reason for making two groups is that, the profession is more or less of the same, design and development. The second group is also doing the same but for public service. The responsibility of a software engineer is to design and implement a variety of software solutions. They may be occupied in the design and testing of various applications like computer game, some business applications, operating system or various superior software programmes for extreme hardware and equipment. Once the system is completely designed, the testing team will test and debug the system and after that the maintenance team maintain the system. The software engineers normally work in a complicated and highly technical environment. The application engages computer science as well as mathematics. They should know programming languages and applications because they will be involved in a variety of works. After a university or high school degree, most of the students select the career as IT professional or in software services. The path from university to a company is very straight. According to the recruitment policy; they recruit some experienced candidate. Companies prefer managerial skills as well as technical skills. The demand of IT jobs is extremely high as it provides a better economical potential, better salary scales, and job security. In the United Kingdom those who move to the IT sector from municipal administration won’t get enough job satisfaction. On the basis of their experience; It professionals are classified as a Software Programmer, Analyst, Project Leader and so on. In spite of an enormous reforms relying on outsourcing and transfer of personal, the interviewees assemble all their resources to carry on in the private company the organisational profession that they underway in public administration they

Monday, October 28, 2019

Journeys End by R.C. Sherriff Essay Example for Free

Journeys End by R.C. Sherriff Essay How does R.C Sherriff present life in the trenches for the soldiers or World War 1 and the conditions they had to endure? In the play Journeys End by R.C. Sherriff, he describes many conditions that the soldiers had to endure. Life in the trenches was bad, but the men who were signing up for the war were told that it was all a big game, a walk in the park. However, when they got there they got a shock. R.C. Sherriff wanted to tell them all to know the truth about the war. First he starts the play by describing the living conditions: [A pale glimmer of the moonlight shines down the narrow steps into one corner of the dugout.] The words narrow and corner show that they live in a small, narrow and cramped place. Not only was it cramped but it was muddy, cold and wet, and it would be very uncomfortable. If the moonlight can come into the dugout and hit onto a corner of the wall, shows that it is very small and with a company of soldiers living their then that will make it even tighter and there wouldnt be much privacy. The soldiers had to sleep in their uniforms to stay warm, and incase there was an attack at any point, then they would be ready at a moments notice. [As he carefully turns his sock this way and that feeling it against his face to see if its dry,] Having it on constantly would cause moist to appear in the boots and any crevices in the body so they had to stay as clean as possible. But when they took off their boots, because they had them on for a long time, often their toes would come off as well. When reading this, I thought about how uncomfortable they must feel, and this same message would be out to all other readers, and would put people off from going to war. As well as the cramped, cold and wet conditions, they had to put up with little rations of food that tasted horrible, but on occasions, a nice piece of chicken. These are the men that are fighting for our countries, and our lives, and all they get is a small ration and a cheer up from the next poor sap who has to suffer: Trotter: Whats this? Maison: Meat sir. Trotter: I know that. What sort? Maison: Sort of cutlet, sir. The words sort of cutlet shows that the food that they get is low quality, a sort of meat that not good enough to be actual cutlet, and its not good enough to feed the British Army. They are being fed the bare essentials, and if they got any less then I think that they would die from malnutrition. This would also put people off from going to war, because they know that if they are not going to be treated accordingly, and not like animals, then they wont go to war. If the soldiers werent worrying about their food, then they were definitely worrying about the war itself. Many men went mad because of the loud crashes of the bombs and the constant rattle of the guns, some soldiers were so afraid of the war, and because they were told that it was a game, then they would make up conditions so that they didnt have to fight: I dont think that I can manage any supper tonight, Stanhope. Its this beastly neuralgia. It seems to be right inside this eye. The beastly pain gets worse every day. The words beastly pain and worse shows that the conditions were so bad, that Hibbert would pretend that he had neuralgia so that he could be sent home. There were many men out in the war who didnt want to be there, but had to go, and they would try anything to get home. Some soldiers, because of the pressure to go out and fight, they would kill themselves, but this was rare. Along with the pressure of war, they had to deal with other things that affected the mind, like sleep and other peoples thoughts. When they didnt get enough sleep they would get agitated and would spend days without sleep, and if they got on the wrong side of someone, then this would agitate them more, and could lead to outburst at the smallest things: Stanhope: Sit down. Raleigh: Its all right, thanks. Stanhope (Suddenly shouting) Sit down! Stanhope had not slept for days and just the little thing of Raleigh getting on the wrong side of him made him snap. R.C. Sherriff shows that Stanhope is angry in the stage directions: (Suddenly shouting). He gives the reader the impression that Raleigh, because he is the newest, that he doesnt fit in with the rest of the group, that what he is doing is wrong, because he doesnt know any better. Because of this Stanhope gets very angry very quickly. All of these are ways of showing the conditions in which the men had to face during the war. Not only was it the war itself but the pressure of being in a cramped environment, with lots of other men, in the cold and dirt, with little food. R.C. Sherriff brings to the readers what the conditions of war are really like.

Saturday, October 26, 2019

Essay --

The Connection Between Malaria and Deforestation Deforestation is the clearing of forests where the land is then converted for other uses. Deforestation happens globally on a massive scale as humans expand and cultivate the land. Examples of deforestation include the clearing of forests for cattle farming, mining and of course logging operations as well as a multitude of other uses. In the Amazon deforestation has been a problem for hundreds of years, ever since the Europeans ventured to the new world the Amazon has suffered from human settlement and the development of land. Because of these changes to the rainforest the ecosystem has been changed indefinitely. Malaria is an infectious disease born from mosquitoes that is caused by parasitic protozoa that reside inside the mosquito. In most cases the disease is transmitted through getting bitten by an infected female anopheles mosquito. the protozoa is transferred to the victim from the mosquitoes saliva into their circulatory system. Malaria symptoms usually include headaches as well as fever. In dire cases this can progress into a coma or can be fatal (CDC 2014). Malaria is typically found in warmer regions of the world mostly tropical and sub tropical countries. The reason for this is the Anopheles mosquito thrives in higher temperatures. Malaria parasites grow and develop inside the mosquito and needs warmth to complete its growth before they are mature enough to be transmitted to humans.. Some examples of areas that malaria is present include South America, Asia and Sub-Saharan Africa (CDC 2014). I believe that deforestations leads to an increase in the occurrence of malaria because of the increased survivability of the Anopheles darlingi mosquito in disturbed areas... ... improved due to land cultivation, all leading to an increase in malaria cases because of the upsurge of the Anopheles darlingi population. References †¢ Vittor, Amy Yomiko, et al. "The effect of deforestation on the human-biting rate of Anopheles darlingi, the primary vector of falciparum malaria in the Peruvian Amazon." The American Journal of Tropical Medicine and Hygiene 74.1 (2006): 3-11. †¢ Yasuoka, Junko, and Richard Levins. "Impact of deforestation and agricultural development on anopheline ecology and malaria epidemiology." American Journal of Tropical Medicine and Hygiene 76.3 (2007): 450. †¢ Olson, Sarah H., et al. "Deforestation and malaria in Mancio Lima county, Brazil." Emerging infectious diseases 16.7 (2010): 1108. †¢ "Malaria." Centers for Disease Control and Prevention. Centers for Disease Control and Prevention, 05 Feb. 2014. Web. 11 Feb. 2014.

Thursday, October 24, 2019

Marketing Madness :: essays research papers

Hi, y’all. I want you to know that this could get long, but please read it. And I hope it doesn’t sound like I am irritated, I just want you to see how I saw things. Plus, I get my thoughts out better written down than verbally. First of all, now that I have found my composure, I want to say thank you for saying something last night. I wish you had said something earlier. I really didn’t realize you didn’t feel I was contributing at all. I know Julia was doing more than she should, but I thought I was trying to do what I could. Please accept my apologies and know that my contribution or lack thereof wasn’t conscious or planned – things have just happened. You are right, I should have asked about the research proposal and offered to write up your notes, but I really thought y’all were writing the whole thing that Saturday. And I was planning on meeting with you until you postponed and didn’t want to do it Sunday, when I could do it. Then I got caught up in my midterm exam, paper and presentation so didn’t really think to find out about the proposal because I knew you had it under control. As for the focus group, I had asked for the notes as early as possible, but didn’t get them until late afternoon on Friday when I had said I wouldn’t be able to write anything on Saturday. So, Sunday was it. You gave me a bunch of notes so I tried to include everything I could, including my ideas, to be edited down later. I could have edited it down myself. I said it was a rough draft – I asked in my email for you to tell me what changes to make and to email me back about it but Julia went ahead and did it. I didn’t realize you wanted a finished project – I figured you would want some say so in it. Which, it was obvious you did since ideas I had added were removed. And, I did ask people to come to the focus group – they just didn’t come because they didn’t have that Saturday afternoon free. And they were probably people who go out a lot. Plus, I attended the focus group and took notes. All three of us couldn’t have been o n camera anyway.

Wednesday, October 23, 2019

Gustave Flaubert’s Madame Bovary Essay

Gustave Flaubert’s Madame Bovary is undoubtedly one of the most controversial works in its age due to the immoral nature of its protagonist, Emma Bovary. Emma passes with good reason for one of the most powerful portraits of a woman in fiction, the most living and truest to life where sentimental young woman whose foolishly romantic ideas on life and love, cause her to become dissatisfied with her humdrum husband and the circumstances of her married life. Her feeling of disillusionment led her first into two desperate hopeless love affairs, and then to an agonizing and ugly death from arsenic. Emma is first and foremost, a person of sensuous nature, and more a romantic. Her sensuality is combined with vulgar imagination and a considerable degree of naivete. She symbolizes the double illusion. First the illusion that things change for the better in time; then the same illusion of spatial terms, the closer things were something that should be turned away from. She accepts Charles, the healthy doctor, because he represents the outside world. She sees matrimony in terms of a candle-lit midnight wedding. But marriage itself utterly disappoints her. She begins to dream of a happiness that can exist in faraway places but to no avail. Emma’s monotonous existence is disrupted by the invitation to a real ball. Slowly her fantasies come to crystallize in a particular town. It is accompanied by neglect of all materials and an over readiness to fall in love. Emma loves life and pleasure, much more than she loves a man. She is more ardent than passionate. She was in love with Leon, but his physical presence troubled the voluptuousness of this meditation. The Rodolphe affair is in fact a kind of physical parody of the idealized relationship she maintained with Leon. Rodolphe exists on a lower plane, an animal existence. Her marriage, her boredom, her newly awakened sexual desires, and her romantic dreams – all contribute to her fall. Emma is undoubtedly a victim of circumstances. Unlucky coincidences, stupid men and human weaknesses force her fate to be damned for ever. Charles has been systematically invented to be her undoer. She made efforts to love him and repented on tears for having given into another. She could have experienced the great revenge and pride of women, to give birth to a man; but it is a girl. In looking for religious help, she might have had better luck than with the unusually inept Bournisien, another character worthy of her bad luck. The walls against which she will finally dash herself to the pieces have been erected around her as by an evil artist. Emma is sustained by willpower neither from within nor from her husband. In the absence of will power she has enough passion, a somber selfishness to drive a man to criminal deeds. We see her willingness to make Rodolphe into a murderer and she would make Leon, a thief. Though she is a creature of passion, she does not kill herself out of love, but for money. She reconstructs a world of love and luxury, joined like body and soul in the dream of an ideal life. Her life will follow a parallel course on the financial and on the sentimental plane. The disappointment of one coincides with the troubles of another. Flaubert treats her death as damnation where the devil is present in the garb of a blind man, a grimaced monster she glimpsed during her adulterous trips to Rouen. She dies with an atrocious laugh of horror and despair. Emma lacks all capacity for sympathy. Imagination has consumed all other faculties and sentiments. She never had an image dependent on moral beauty. In fact, her life was spent in seeking an image for herself. The search was doomed to destruction because no earthly role of herself or of love could satisfy her. In her own self determined embrace of romantic passion, she traces her own path to destruction. In doing so she moves us not to pity but simply to horror. Emma is essentially a novelistic creation set forth in all her internal complexities. Her dreams are destined by reality to wither into lies. Flaubert’s great success with Emma is that he makes the reader come into imaginative contact with his heroine, a kind of intimacy as the tale progresses and finally ends with tragedy for its heroine.

Tuesday, October 22, 2019

Compare And Contrast The Physicochemical Events Essays

Compare And Contrast The Physicochemical Events Essays Compare And Contrast The Physicochemical Events Essay Compare And Contrast The Physicochemical Events Essay Butter is a soft, yellow-hued, comestible emulsion of butterfat, H2O, air, and sometimes salt. It is made from the churning of pick and is used as a spread every bit good as an of import ingredient in cookery and baking. Margarine is a inexpensive option to butter, made from oil or a combination of oils through the procedure of hydrogenation. Chemical Differences Margarine is made mostly from vegetable oils that have been hydrogenated or crystallised for the proper spreading texture. Like butter, table oleo must incorporate no less than 80 % fat. Since oils are of course about 100 % fat, H2O is added to bring forth the coveted water-in-oil emulsion, which is physically rather the same as in butter. To the oil and H2O stages are added emulsifiers, salt, butter spirit, coloring material and allowable chemical preservatives such as Na benzoate. Vitamins A and D may besides be added. Whereas butter may incorporate merely butterfat, most oleo contains merely vegetable fats. Churned butter is composed about wholly of saturated fat, along with a important sum of natural cholesterin. Whilst in oleo the usually liquid vegetable oil is solidified through a procedure affecting H gas bubbles go throughing through the mixture. The consequence is a solid butter replacement with no cholesterin and small if any concentrated fat. Margarine does incorporate po lyunsaturated and Trans fatty acids, nevertheless. Physical Differences: Both Butter and Margarine fats are mixtures of triacylglycerols. Butter has a â€Å"much greater assortment of fatty acids ( ca 40 ) than are found in vegetable oils ( 5 10 ) from which oleos is produced† ( Geoff, 1999 ) . But in both butter and margarine the fats present are mix of solid and liquids fats. With this and the crystal morphology gives the butter and margarine its specific belongingss. The construction of the butter and oleo molecule is based on â€Å"a web of solid fat crystals in liquid fat† ( Geoff, 1999 ) .this histories for assorted of import features such as Emulsion stableness, microbiological stableness, hardness/softness, consistence. The construction may be illustrated in the undermentioned diagram. ( Fig 1 ) â€Å"The emulsion is stabilised by the solid crystal web which holds the H2O droplets in topographic point forestalling them from migrating and coalescing† ( Geoff, 1999 ) . The microbiological stableness is besides explained as the H2O droplets are smaller than most common nutrient poisoning bacteriums, which means that they have small opportunities for growing. â€Å"The consistence of oleo is of great importance in the success of the merchandise. It must run in the oral cavity as butter does, since residue leaves a pastelike sensation† ( Meyer, 1960 ) . Margarine is decidedly a replacement for butter and, in the oculus of the consumer must hold the same belongingss similar to in order to be acceptable. Margarine must be rather fictile at room temperature so that it spreads readily and be reasonably difficult at â€Å"40?F to 45?F icebox temperature as butter is. In the temperature scope from 45?F to 60?F butter is excessively difficult to distribute easily† ( Meyer, 1960 ) , and much oleo is now produced which is superior to butter in its malleability in this scope. The consistence of oleo is the consequence of the fats used in its readying, the extent of hydrogenation, and the class of the reactions during hydrogenation. Normally oleos are produced by carefully commanding the hydrogenation of the entire organic structure of fat instead than by intermixing. The consistence of butter both indirectly and straight is one of the most of import feature in its production ; this is due to the fact that it has a major consequence on its other features such as the consumer wants -taste and olfactory property. This construct of consistence is of a complicated 1 with belongingss such as dispersed ability, malleability, viscousness and hardness. Crystallization is the procedure that occurs after the pick is subjected to a chilling procedure. The sum of this crystallization of the fat globules determines the end points butter has the right consistence PHYSIOCHEMICAL Events: In buttermaking, the pick that is collected for the butter production should be â€Å"sweet and non rancid† ( Alfa A ; Tetra, 2010 ) and non oxidised. This goes through a centrifuge in which the pick is cooled and goes into a storage armored combat vehicle. The centrifuge separates the pick in to plane milk and pick. Skim milk is so pasteurised and so goes into storage for drying or concentrating. The pick nevertheless, is pasteurised at 95?C besides to kill any harmful micro-organisms and enzymes that may hold an inauspicious consequence on the butter quality. With civilized butter, â€Å"mixed civilizations of S. cremoris, S. lactis diacetyl lactis, Leuconostocs, are used and the pick is ripened to pH 5.5 at 21oC and so pH 4.6 at 13oC† ( Alfa A ; Tetra, 2010 ) . The acerb production is comparative to the development of spirits so the colder the temp the tastier the butter. The aging armored combat vehicle is the topographic point where the pick is subjected to a pro cedure of controlled chilling which is designed to give the fat a needed crystalline construction. This plan of chilling can be modified to obtain butter which is of a low I value i.e. the unsaturated proportion of fat is low, but good consisitency.Then after aging the pick in the ripening armored combat vehicle for â€Å"12- 15 hours it is pumped into the churn† ( Norman A ; Joseph, 1995 ) . In the churning procedure the pick is violently agitated to interrupt down the fat globules, doing the fat to clot into butter grains due to the breakage of the membrane like surface known as lecithin and causes them to clash. As a consequence the globules clump together and organize little butter granules ; these turn in size and separate from the H2O stage of the pick. The resulting H2O stage is known as buttermilk therefore the pick is split into two fractions: butter grains and buttermilk. After run outing, the butter is worked to a uninterrupted fat stage incorporating a finely spread H2O stage. It used to be common pattern to rinse the butter after churning to take any residuary buttermilk and milk solids but this is seldom done today. Salt is added to better shelf life and the gustatory sensation, acts as a preservative. After salting the butter needs to be work smartly to even out the distribution. The gustatory sensation, quality, olfactory property and other of import featu res are all influenced by this working. Working is carried out to obtain a homogeneous mixture of butter granules, H2O and salt. This is the period when the fat transforms from ball-shaped to free fat. The size of the H2O droplets are decreased whilst working and are non supposed to be seeable in decently worked butter. Over-working of the butter consequences into oily or brickle butter. This is due to the fat being excessively hard or soft.â€Å"A soft milk fat will do a soft and oily butter, whereas butter from difficult milk fat will be difficult and stiff. If, nevertheless, the heat intervention is modified to accommodate the iodine value of the fat, the consistence of the butter can be optimized. For the heat intervention regulates the size of the fat crystals, and the comparative sums of solid fat and the uninterrupted stage the factors that determine the consistence of the butter† ( Alfa A ; Tetra, 2010 ) Some H2O may be added to standardise the wet content. Precise control of composing is indispensable for maximal output. The finished butter is discharged into the packaging unit, and from at that place to cold storage. Margarine industry is carried out in two distinguishable phases. The first phase is called polish where oil is extracted from seed or beans and refined.The 2nd phase is called processing where oil and other stuffs are made into oleo. It starts off by fixing the natural fats and oils are carefully extracted, base refined, deodirised, and so hydrogenated to the coveted consistence. The fat is so emulsified with aged milk. In the United States skim milk is normally used. It is pasteurised to destruct bacteriums and so inoculated with a strain of choice bacteriums that can bring forth compounds with desirable spirits in the milk and in the emulsion. These are the same strains of micro-organisms that are used in the production of butter. The inoculated milk is held for 12- 24 hours to allow the growing of the beings. The aged milk is run into the liquid fat and stirred smartly. Emulsifying agents are frequently added at this point. Emulsifying agents brace the oleo and prevent escape, the separation of fluid during storage. They besides prevent the rapid separation of fat and H2O when the oleo is melted, splattering, and the sticking of milk solids to the underside of the pan. In butter natural emulsifying agents are present that hold the H2O in the emulsion and when the butter is heated, â€Å"allow steam to get away by frothing instead than by spattering† ( Norman A ; Joseph, 1995 ) . Lecithin s peculiarly those from soya beans, are widely used as emulsifying agents in oleos. A figure of man-made merchandises are besides used. The glandular fever and diglycerides used in the formation of super glycerinated shortenings help brace the emulsion and prevent leaking, but do little to forestall splatter. The Na sulfoacetate derived function of glandular fever and diglycerides are effectual in understating splatter and are added to many oleos for this intent. The fat-milk emulsion is cooled and the plastic, solid mass held for some clip to let bacterial action and the development of spirit. Salt is so added to â€Å"extend to 2.5 to 3 per centum of the entire weight† ( Meyer, 1960 ) . Since the slat dissolves in the aqueous stage, the salt content of these bantam beads is much higher. It is so high that the activity and the growing of the bacteriums are stopped. The oleo is worked or kneaded during the operation of salting and the crystals are reduced so that no coarseness occurs. â€Å"Most oleo produced for the market is fortified with vitamin A or provitamin A, the provitamin As, to the extent of 1500 units per pound† ( Norman and Joseph, 1995 ) . A xanthous dye is added to much of the oleo sold in this state since it has become legal to make this without the payment of high revenue enhancement. Sodium benzoate is on occasion added as a preservative. In decision, although butter and oleo may look to be of the same household and thought to be of the same chemical belongingss since they look and taste like the other ; they are non. They do get down off with constituents that are in the same province ; cow s milk ( liquid ) and vegetable oil ( liquid ) . They besides have the same starting motor civilizations added to them. This is done so that oleo has the same gustatory sensation and olfactory property of butter ; since oleo serves as a replacement of butter. That s where the similarities end as the physiochemical procedures are really different from each other. The biggest differences between these two fat merchandises would be that butter is made of milk fat and oleo is made of vegetable oils. The other large differences in their physiochemical events are that of consistence. Butters consistence is determined by the sum of crystallization ( before churning ) of the fat globules whilst oleos consistence is determined by the sum o f hydrogenation applied to the unsaturated oil to indurate it adequate to do into solid signifier in presence of a accelerator normally nickel.

Monday, October 21, 2019

Competitive School Environments essays

Competitive School Environments essays Competition exists in many, many aspects of life, from sports, school, jobs, and even friends. In different situations competition is imperative and important and in other situations it can harm and be destructive. As a student a very competitive atmosphere is not a healthy way to learn. Being in a competitive environment encourages students to not help each other, to resent others and does not encourage students to become friends. One of the most important reasons competition can be harmful is that students are encouraged not to help one another. If a student needs help on an assignment or exam, another student would be less likely to help as they will be helping that person get a higher mark. The student who helped is less likely to get in, or stay in the program now that others are doing better. Often students care too much about the competition than helping their peers. In a competitive environment students generally learn to resent the people in the class who achieve the higher grades. In classes there are always the people who seem to do extremely well in everything they do. In a non competitive environment these people are looked upon with respect and admiration. While in the competitive environment people are jealous and resentful of these same people, probably because they know that the smart students will be guaranteed a spot in their choice program. Finally students in a competitive environment tend to not become as close friends. A very exciting part of school is the social aspect. Making friends with peers is easy in a non-competitive program as the students look to each other for help, and can count on the class to be there for them. For example in second year engineering the program is not competitive as long as you get over 60% then you stay in your program. As a result of this students stick together by doing assignments together, studying together which in turn de ...

Sunday, October 20, 2019

Utilitarianism and Morality essays

Utilitarianism and Morality essays Utilitarianism is often defined as the greatest good for the most people. It is also considered to be the greatest good with the least amount of pain. John Stuart Mill was amongst the few who thought this way. His utilitarian ideas advocate a hedonistic ethical theory. In this theory, he believes human beings, or agents, actions should be contingent upon the consequences. The end of all human conduct should be happiness. Mill defines utility as pleasure itself, together with exemption from pain... (Philosophical Classics, 949). Mill suggests that utility should be the foundation of morality. He says, the foundations of morals Utility or the Greatest Happiness Principle holds that actions are right in proportion as they tend to promote happiness, wrong as they tend to produce the reverse of happiness. By happiness is intended pleasure, and the absence of pain; by unhappiness, pain, and the privation of pleasure. (Philosophical Classics, 949). Peoples moral actions should increase the overall amount of utility. This would limit people from pursing personal pleasures at the expense of others. However, this type of philosophy can eventually lead to serious social problems. The absence of natural rights in Mills ideas can result in unethical choices and social turmoil. Mill believes that we should assess the consequences of our actions. In doing so, we are not supposed to include our motives, characters, or traits when making a decision. We are to simply choose the path which yields the most overall pleasure. Happiness comes from both intellectual and sensual pleasures according to Mill. He argues that there are different kinds of pleasures, and It is quite compatible with the principle of utility to recognize the fact, that some kinds of pleasure are more desirable and more valuable than others. (Philosophical Classics, 950). Higher&qu...

Saturday, October 19, 2019

Disaster Recovery Plan Term Paper Example | Topics and Well Written Essays - 1500 words

Disaster Recovery Plan - Term Paper Example This paper discusses disaster recovery plan in respect of Share Broking House. Disaster recovery plan in Share Broking House The disaster causing damages in an environment may be either temporary as in the case of Sandy storm or permanent as in the case of attack on World Trade Center. The planning for the latter one involves substantial capital investment for establishing the required facilities for continuity of the business in an alternative site. The geographical locations should be dispersed with sufficient distance between the head office and the alternate site proposed for disaster recovery plan. Disasters may be categorized into two types at company level based on the nature of damages: disaster causing damages to the system and disaster causing damages to the entire facilities and properties. Establishing disaster recovery system at a different site will take care of both the types of disasters. Since the business of share broking house under study is spread all over the cou ntry, the disaster recovery site should be away by more than 300 kilo meters from the head office, in another city which is not prone to earth quakes. Goals The important goals in installing the disaster recovery plan are given below: 1. Training the employees in the recovery activities anticipated. 2. Testing the system for compatibility in real-life situations. 3. Establishing the necessary back-up facilities to provide the best services at all times. 4. Putting alternate communication system in place in the event of disaster. 5. Mitigating the effects of the impacts in the event of disaster. Objectives 1. Ensuring normalcy in clearing and settlement operations in the business without loss of time. 2. Ensuring accessibility to staff for disaster recovery process. 3. Assessment of the financial and operational support needed for reporting to the banks and financial institutions. 4. Making arrangements for survey by insurance companies. 5. Coordination with the service providers and vendors in recovery process. 6. Early resumption of the disrupted business operations. 7. Keeping the customers informed of the situation. 8. Keeping the regulatory and local authorities informed of the extent of disaster and the progress of recovery process. Overview of the organization The organization needs to be studied and analyzed with particular reference to disaster management. The structure has been designed to meet the needs of the industry where the business is carried out online. There are more than 100 branches which are connected to the head office. There are more than 1000 terminals in head office and branch offices. The company appointed dealers place orders into the system as per the instructions received over phone or internet from the customers. Also, some of these terminals are allocated to the day traders for day-trading. The important tasks involved in the day-to-day operations can be classified into: 1) Buying and selling of shares and Securities including Fu tures and Options, 2) Transfer of Securities to the depositories, depository participants and customers, 3) Settlement of payments arising out of transactions

Friday, October 18, 2019

Publix Super Market and the Effect of Hurricanes Research Paper

Publix Super Market and the Effect of Hurricanes - Research Paper Example Hurricanes result to enormous damages and devastation within the local communities. These natural disasters tend to deter and disrupt supply chains of major products due to the damages inflicted on infrastructure such as roads, rails, and communication channels. Consequently, businesses (especially those that operate a Just-in-Time manufacturing methodology) incur significant supply shortages that run for long durations, resulting to losses due to lost revenues. Other losses emanate from damage on goods and insurance claims that may run into hundreds of million of dollars. One such business that experienced huge losses in the 2004-2005 hurricanes in Miami, Florida is Publix Supermarket and its chain of stores. This paper seeks to examine the effects of external events to a business, drawing from the impacts of hurricanes on Publix supermarket, especially the disruption of its supply chain, damages to goods, and insurance claims (Publix AMC). Publix Supermarket Inc is an employee-owne d chain stores operating primarily in the United States. The company has grown rapidly since its establishment to dominate the retail industry in Florida and the US at large, operating 1086 retail stores, 8 centers for grocery distribution, and nine brand-manufacturing facilities. The product portfolio of the company is majorly grocery, foods and beverages, and other finished products, groceries and food products being dominant. With the headquarters in Florida, the retail giant has over 757 stores, with a grocery distribution center in Miami (Publix AMC). The company has a solid establishment in the Florida region, but the fact that the area is prone to hurricanes and tornadoes downplays its development. Due to the delicate nature of its products portfolio, Publix operates a primarily Just-in-Time manufacturing method. This production methodology emphasizes on problem solving and waste reduction for continuous improvement, thus improving organizational performance. The fundamental principles include having adequate inventory only, improving quality, reducing setup time and queue length, and reducing costs. This production method has quality and cost benefits, but the most significant challenge is supply chain disruptions. Supply chain disruptions occur because of failure of one element of the supply chain and the subsequent failure in the rest of the chain. There are two categories of supply chain risks: disruption or operation. Operational risks refer to uncertainties such as uncertainty in costs, customer demand, and supply. Disruption risks are associated with economic crises or manmade and natural disasters. This paper focuses on the disruption risks in the supply chain of Publix Supermarket Inc. In Miami, the most significant disasters are hurricanes. About eight years ago, the region experienced three catastrophic hurricanes in barely two month, with hurricane Charley in August 13 2004, hurricane Ivan in September 2004, and hurricane Jeanne in September 2004. The impacts of the events were enormous to the people and business in that community. Among the most affected was Publix Super Markets, recording well over $60 million in product losses alone (SEC 17). According to the organization’s Form 10-K submission for the fiscal year 2006 to the US Securities and Exchange Commission, the 2004-2005 hurricanes had significant financial

Japans right to whaling is legally justified Essay

Japans right to whaling is legally justified - Essay Example Whaling remains one of the most hotly debated topics amongst various global issues related to environmental protection, and revolves around the main question as whether humans should keep up the practice of hunting whales. Even though the scientists believe that under current wildlife protection management system it is unlikely that whales will become extinct, the practice of whaling is still widely condemned (Nagasaki, 1993). The anti-whaling sentiments took form mainly during the late 1970s when many anti-whaling and non-whaling countries joined the International Whaling Commission (IWC), in order â€Å"to provide for the proper conservation of whale stocks and thus make possible the orderly development of the whaling industry† (International Whaling Commission, The Convention, 2003). In 1982, IWC members voted with three-fourth majority that brought forth a break on commercial whaling. In this context the text (paragraph 10(e)- classification of stocks) that implement ban o n commercial whaling states â€Å"Notwithstanding the other provisions of paragraph 10, catch limits for the killing for commercial purposes of whales from all stocks for the 1986 coastal and the 1985/86 pelagic seasons and thereafter shall be zero† (International Whaling Commission, The Convention, 2003). The 1986 moratorium banning commercial whaling led to the formation of a strong opposition against countries like Iceland, Norway and Japan that continue to hunt whales, which they claim to be primarily for scientific research work. Here the opposition to whaling now relates to a compete banning of whale killing in any form, commercial or for scientific reason. Countries like Australia and the US along with NGOs like Greenpeace claim that with some species of the whales being in list of endangered animals, whaling in any form must be banned.

Thursday, October 17, 2019

Rational-Emotive Behaviour Therapy Theory Essay

Rational-Emotive Behaviour Therapy Theory - Essay Example The fundamental premise of the theory is based on the fact that almost all emotions and behaviors are caused by what people believe about the situations they face. The theory posits a bio-psychosocial explanation of how individuals come to feel and behave. This stems from the belief of Ellis that both biological factors and social factors are involved in the experiencing and action processes. This idea is important, for it proposes that there are limits to the extent that a person can change (Ellis A. , 2003). Ellis argues in his theory that all humans have the ability to interpret reality in a clear, logical and objective manner and avoid unwanted emotional behavioural disturbances. Furthermore, he argues that in addition to these abilities, humans are also predisposed to irrational interpretations (Collard & OKelly, 2011). They are predisposed to twisted or illogical thinking, draw illogical conclusions that are impartial and are cognitive distortions of reality (Levinson, 2010). Ellis identified four standard characteristics that represent an irrational interpretation of reality. These four standard characteristics are demands of something that is not of the real world, other people or the individual; amplification of the awfulness of something an individual dislikes (Macinnes, 2004); conclusion that one cannot tolerate the thing they dislike and finally condemnation of the world, other people or the individual (Dryden, 2003). The characteristics identified above are expressed in speci fic irrational ideas and beliefs (Macinnes, 2004). Ellis suggested that the targets for change in psychotherapy are those thoughts, attitudes beliefs and meanings that cause emotional-behavioural disturbances and then goes ahead to present the rational emotive behaviour therapy (REBT) (Windy & Neenan, 2004).   REBT teaches individuals how to identify their own self defeating ideas, thoughts, beliefs and actions and replace

The Political Characteristic of the Declining Economy Assignment

The Political Characteristic of the Declining Economy - Assignment Example The paragraph provides an insight into the financial crisis, aiding us to establish the link between the European Union leaders and the currency factor. The intermittency factor that crossly explored the market trends from April 2012 onwards was based on the actual GDP within the Euro as explored by eurostat, which is the agency providing relevant statistics about the fluctuations of the euro. The immediate analysis provides the financial stress, explained by the fell in the overall GDP by up to 0.2% (April statistics). This inconclusively provided further weakening of the currency and the previous quarters had recorded a 0% growth rate. The intermediate concept aiding growth according to the article (par 3) is by cutting expenditures. Financial policies were hence initiated in order to help created a stronger economic variance and this also included providing support through bailout and related financial models. The statistical analysis also points out the monetary balances and asse t adequacies within the zone. This continually reflected changing exchange rate scenarios as per the critical understanding of the regulatory factor. While reforms within the various financial sectors have included examining the changing trends within the policies in the eurozone, (Germany for example demonstrated weak currency at the close of the 1st quarter), full compliance in terms of political policies by individual countries appeared real (Par 4). Source: Eurozone The economy of the Euro zone contracted but with technical avoidance of recession. The eurostat data showed the its GDP remained at bar during the 1st quarter of 2012. However the contraction was at 0.3% during the first quarters of 2011. However, the weakeness of the euro led to shrinking and to a fall by 05% in 2012. According to Willman (2007), the statistical analysis of vast financial ratings reflect a continuously varying seller-buyer trading preferences that are naturally controlled by the nature of the exchan ge rates. However, the exchange rates explored in part 5 of the essay show those projections relative to quantitative easing practices. Literally, the dynamics explores that the currency itself would dynamically change from one level to another, inflicting a lot of price hike within the zone. Ultimately, the scenario would hence explore vital market exchanges, and fully controlling the spending within countries. The foreign exchange market was low (par 5) partly due to financial crisis and also due to general slow growth. The purchasing characteristic identified in par 5 slowed tremendously and this also indicated that the various occurrences such as the depreciation of the currency would hence be critically considered. Source: Eurozone The industrial production in the Eurozone contracted to about 0.6% by June. This shows a slum but though the indexed analysis provides a universal relevance of the shrinking, it also provides a reflection of the major drag factors. Par 6 provides a d iscussion on basic foreign exchange within the zone and the potentialities of foreign exchanges. Further research also identifies notable inclusion of market structures, and the changing restrictions on competition and on other capital requirements. The core framework also explored the relevance of politics as outlined by

Wednesday, October 16, 2019

Rational-Emotive Behaviour Therapy Theory Essay

Rational-Emotive Behaviour Therapy Theory - Essay Example The fundamental premise of the theory is based on the fact that almost all emotions and behaviors are caused by what people believe about the situations they face. The theory posits a bio-psychosocial explanation of how individuals come to feel and behave. This stems from the belief of Ellis that both biological factors and social factors are involved in the experiencing and action processes. This idea is important, for it proposes that there are limits to the extent that a person can change (Ellis A. , 2003). Ellis argues in his theory that all humans have the ability to interpret reality in a clear, logical and objective manner and avoid unwanted emotional behavioural disturbances. Furthermore, he argues that in addition to these abilities, humans are also predisposed to irrational interpretations (Collard & OKelly, 2011). They are predisposed to twisted or illogical thinking, draw illogical conclusions that are impartial and are cognitive distortions of reality (Levinson, 2010). Ellis identified four standard characteristics that represent an irrational interpretation of reality. These four standard characteristics are demands of something that is not of the real world, other people or the individual; amplification of the awfulness of something an individual dislikes (Macinnes, 2004); conclusion that one cannot tolerate the thing they dislike and finally condemnation of the world, other people or the individual (Dryden, 2003). The characteristics identified above are expressed in speci fic irrational ideas and beliefs (Macinnes, 2004). Ellis suggested that the targets for change in psychotherapy are those thoughts, attitudes beliefs and meanings that cause emotional-behavioural disturbances and then goes ahead to present the rational emotive behaviour therapy (REBT) (Windy & Neenan, 2004).   REBT teaches individuals how to identify their own self defeating ideas, thoughts, beliefs and actions and replace

Tuesday, October 15, 2019

Segmentation and Targeting Research Paper Example | Topics and Well Written Essays - 1000 words

Segmentation and Targeting - Research Paper Example Starbucks coffee and Jamaica Blue Mountain coffee company are used as the bases of reference. Target markets for Starbucks coffee and Jamaica Blue Mountain coffee Starbucks coffee targets a general local market. Its initial target market was young college students, neighborhoods and social classes that would spend time with friends at their stores and gladly accept the idea of buying a $3 a cup of coffee. The initial focus included small towns, ethnic neighborhoods, highway rest shops, rural communities and even towns saturated with coffee shops. As a result of rapid growth, this target market has expanded quickly to include local buyers of all ages. On the other hand, the Jamaica Blue Mountain focuses on the export market. Its main target market is Japan though it wants to expand to include Canada. How the choice of target market influences the company's promotion and pricing A company has to consider the buying power of its market. Miller (2006) explains that customers have differe nt disposable income and this means they are different in terms of their sensitivity to prices. Market segmentation is therefore important in determining if a company can raise its prices or not. If the company has to raise its prices, the type of target market will determine the level to which the company will raise its average prices. If the target market is very sensitive to prices, then a company could consider dropping its prices slightly so as to gain an extra market share. If it is insensitive to prices, then a slight increase for purposes of increasing profits margins will benefit since the increase will be indiscernible. According to Aaker et al (2000), the type of target market also determines promotion methods used. A company has to choose the promotion methods that will enable it to reach its target market quickly and adequately. Alternative methods include the TV, radio, billboards, direct marketing mail shot or the Internet. At the same time, the company has to conside r how competitors do their promotions. They should then evaluate the efficiency of these methods and compare with those they use or intend to use. The type of target market also determines the frequency of these promotions. For example, markets that are highly competitive require frequent promotions in order to retain customer loyalty. Effects of introducing a new target market on consumer perceptions A company can introduce a new target market in a market that is already captured by its competitor. For example, Starbucks coffee can start producing brands for export to Japan, a market segment that is already captured by Jamaica Blue Mountain coffee. According to Kotler (2003) the perception here will be that the company has performed well in terms of pricing and its expansion is a sign that it is now focusing on the quality of its products and expansion of its image. As a result of this, customers will tend to associate more with the company products so as to enjoy the anticipated h igh quality products and form part of this international or wide region market. The influenced of economic changes on purchase trends of customers The customers will not be influenced by changes in the economy because they will have already formed a perception that the company is already working on the quality of its products. This means that at fair prices, they will be enjoying more quality products and variety as well. This situation is reinforced by the

Bloomberg Essentials Online Training Program Essay Example for Free

Bloomberg Essentials Online Training Program Essay Hello, and welcome to the equity session of the Bloomberg Essentials Online Training Program. My name is Rosie Genao, and the goal of this training session is to get you acclimated with our equity functionality so you can quickly and easily navigate through the tools that will be vital for your daily investment analysis. I will start with key news functions that will keep you up-to-speed with headlines that can affect your investment strategies, as well as the equities markets on the whole. From there, we will walk through functionality that will help you quickly assess the trends of the equities markets. Finally, we will focus on how you can best use Bloomberg for investment idea generation and in-depth security analysis. Our equities resources fully integrate the very best in real-time data, news and research, providing you with an unmatched level of market data transparency, dynamic monitors, and powerful analytics. With these tools, you can delve into more than 20 years of financial statements, sell-side consensus estimates, extensive technical analysis studies, and idea generation tools for a pool of more than 410,000 equities (ph). As the Bloomberg Essentials news video outlines, Ngo, which is located in 15 company news, is the main news function and platform for real-time news from tens of thousands of sources, including Bloomberg. It has the most important, most popular, and most recent news across any category. This page will automatically update throughout the day so you can stay abreast of news that impacts the markets and your portfolio. For the equity space, you can customize this page to display news specific to the equities markets simply by navigating to the left sidebar, which includes an array of topics and securities, and clicking on stocks. When you click on stocks, you will see the right hand side populate with the relevant news for stocks in the Americas or anywhere across the world. Once you click on stocks on the left hand side, you can select this particular topic as your default simply by clicking on 90 go to save as default at the very top. Notice also that you can use this same sidebar on the left to click into other topics, such as technology or featured news articles that we have on the terminal, such as on European debt. Also note that whenever you see a small B icon next to any article, this means that this is a Bloomberg exclusive story, while the white highlights or indicates that the story has been posted to the system in the last 15 minutes. Another crucial aspect of news functionality is the ability to mine for news and press releases that directly impact a particular investment strategy. You can run NSEgo at the very top, and you will see a drop-down menu appear which will allow you to select the first function, which is news search. NSE provides unmatched granularity for sector, region, or security-specific news. NSE allows you to search through Bloomberg’s extensive database of news by a simple word search. To make your search within NSE as efficient as possible, the function includes auto complete predictive text, which will come up when typing in your search criteria. For example, let’s say we’re looking into a search for IBM. If I were to type IBM, you will see that an entire listing will appear in the drop-down menu where the company itself appears first. As you type in your news search topic, the function provides you with a list of relevant results which you then can result from. This saves you time in putting together applicable news searches. I’d also like to point out that within NSE, you have the option of running a basis or an advanced search, which you can select at the top. With the advanced search, not only can you filter by keywords, but you can also filter on entire ticket lists, topics, people, among other. For example, let’s create a custom news wire that tracks earning news on companies in India. I’ll start with the criteria of earnings. Using the amber search box at the top of the page, I’ll start by simply typing in the keyword itself, earnings. And when I do that, again, you’ll see that the topic itself appears. When you select on earnings, the bottom part of the screen will allow you to start previewing some of the results that are related to earnings. I’ll go back to my search at the top and input India because I’d like to filter for earnings news within India. And when I do that, again, as you can see, you’ll see India appear at the very top. As you continue to add criteria, the results will continue to update at the bottom under preview results. There are other ways on the terminal to find what you need specifically with news. There are pre-set news monitors on the terminal that you can use to get stories as they are released within a specific topic. For example, going along with our example of earnings, if you’re interested in news related to earnings in general, you can run NI ERN. And what that will do is select or pull up a scrolling news monitor of news only on earnings. These pre-set news monitors, as you saw, start with NI and are streaming in real time. The news articles will appear and will flash as the stories come in. As you can see, from here you can further refine the search to meet your specific investment analysis criteria. You can either click on 97 actions at the very top and edit the search, or you can simply add additional keywords in the narrow search box. Bloomberg also provides direct access to sell side and independent research from over 1,500 sources within our research search engine RSEgo. With RSEgo, you have real-time delivery of reports. That ensures that you are getting the information as soon as it is available. With RSE, you have the option of selecting news research articles by category, sector, or simply all research that is available. In the top left corner, you can also filter further. You can select all research or you can select specific filters in the – within the drop-down menu that allows you to choose, for example, between an equity index or perhaps a portfolio that you may already have loaded on the terminal. After exploring the ways in which you can keep up-to-speed with the news and research that affects both the broad markets and your investments, I’d like to move into functionality that will give you a solid grasp of overall market movement and assist you with investment analysis. We’ll start with EVTS. EVTS is Bloomberg’s corporate event and transcript resource, tracking over 100,000 events and transcribing over 25,000 conference calls a year. Coverage includes earnings releases, earnings calls, sales results, shareholder meetings, investor conferences, MA calls, and other relevant company events. Coverage also includes live transcription of calls as they happen, corrected PDF versions of the call, summary reports, and links to webcasts and archived audio. At the top of the screen, you’ll be able to customize a number of things. You’ll be able to select the source from which you want to pull in specific company-related releases. So for example, you can click on source, and let’s select an equity index. For our example, we’ll select the SP, which is SPX. You’ll see that you have the ability to customize the data range. You can select it to now, next seven days, or you can customize further. Once you’re done customizing, at the very top you can press the go key and you will see a list populate at the bottom with the relevant event types pertaining to the source and the particular date range. While you have the ability to export these events into your Outlook calendar simply by clicking into any one of these icons on the far right column, keep in mind that you can also click into each event for links to other analytics, including pages on earnings analysis, fundamental data, research reports, and company news. Once you select an event, which I’ve just done, you can click on analysis in the top left corner to display and analyze a number of – of related analyses that you can continue to run on that particular security. For our example, you can select earnings analysis. In this example, we selected the SP as our security poll. From there, you’ll be able to, depending on the tab that you are on, you can drill down further into each of the sectors comprising the index. As you click into a particular sector, you’re able to drill down further for performance to not only see how the sub-sectors are performing, but also how the securities within these sub-sectors are performing and how they correlate to the overall earnings analysis. You can review on the terminal for investment ideas by screening for stocks in these sectors (ph) using our equity screening function, EQSgo. EQSgo is the Bloomberg equities screening application that allows you to search for securities based on your defined criteria from a broad set of underlying data. The interface used for this tool offers full transparency at every step of the screening process. You can now identify investment ideas with advanced analytical functionality. Before we go into a sample screen, I’d also like to point out that there are three main tabs at the bottom. One, where you can build and edit your screen, two, where you can access the screens that you have already created and saved, and three, example screens where you can access screens already created by Bloomberg for customers like you. So let’s start with the 91 build/edit screen. For a quick example, if we want to search for all companies trading below their cash and equivalence in the materials sector, we can start by searching for our sector by simply typing materials in the amber box in the middle of the page. As I type materials, you’ll see that the drop-down menu updates and allows you to essentially filter for all the materials-related fields that we have. So let’s select the first option, which is materials. The more you type, the further it narrows your choices. So let’s go ahead and select and input our second criteria. Next, for the fundamental criteria, I will search for market cap, again, in the amber field. Select the appropriate field, which in this case is the first one. Select, when prompted, whether I want to view whether it’s greater than, less than, et cetera. In this case, I will select less than. And in the third amber box that eventually appears, I will type in cash to find the field that I am looking for. I will use the default, latest filing, and press go. Now you’ll notice under selected screening criteria that at the bottom you’ll see the number of securities that meet both criterias that I input. You’ll see the exact number in the bottom right. If you have a specific fundamental or technical-based ratio that you’d like to use but it’s not currently available in our list of fields, you can use the formula tab located at the top to create a custom field for use in your screen. This provides full flexibility in your search. Keep in mind that you can also add criteria using the universe criteria given at the very top. This includes full product segmentation and allows you to search for specific revenue drivers. After you finish selecting all of the criteria, you can click on results in the lower right. All of the securities that match will appear in a list with a list of comparable columns. This will include any numerical values from your search criteria. You can also add columns to this view using the amber field above, or also by clicking on fields in the top right. Once you have your securities listed, you can then click into each of them for links to further analysis with the description page. You’ll see not only the description page, but also related functionality for further analysis. So let’s click into company description, the second option. On the description page, you’ll see that the market information for the selected security appears at the top of the screen. Just below that, you’ll find a snapshot of stock data with links to further analysis regarding the profile of the company, issue information, ratios, and revenue and EPS. With this particular page, you can click into any one of the functionalities that’s highlighted to be taken to another page on the terminal for additional analysis. Also, at the top, you’ll be able to click on the report feature, which allows you to create your own snapshot of the company on your screen, and allows you to print it for your Japanese security. To continue your security-specific analysis, Bloomberg offers a wide range of graphing functionality. To start, you can quickly view the historic movement of a stock on GPgo. GP displays historical closing prices for a selected security, which you can see in the upper left, but also features a wide range of customization options. At the top, you’ll see a gray taskbar that allows you to quickly jump between periods, also add annotation, news and zoom (ph). Sorry, I didn’t even go – also, in the upper right, you have the option to add additional securities or studies for your graph, as well as events. If you click into events, for example, you’ll be able to see that you can add events such as acquisitions, dividends, earnings, et cetera, so that you can easily plot them on your graph. To view the underlying end-of-day pricing for this particular security, you can either scroll down one page, or you can simply run the function HPgo for historical pricing. Historical pricing on HP allows you to customize the data range, the currency, and the period at the very top of the page. If you’re interested in further analysis using technical studies, you can continue your graphical analysis of the security by running Graphgo at the top. This function provides you with a number of things. In the top left, you’ll be able to see the chart of the day. Lower left, you’ll be able to create a series of custom charts. To the right of that, we have sample G (ph) charts that already display some of our technical studies and provide you with examples on each of these studies. And in the upper right, you’ll have a number of chart resources that you can use to become more informed on technical studies and charts features on the terminal. Finally, in the lower right, you’ll be able to see the chart showcase of the day displaying essentially why a particular study would be important to view on the terminal. After viewing where a specific security has priced using our chart functionality, you can then switch over to get a fundamental picture of the overall company by running FAgo. FAgo is a dynamic and interactive fundamental analysis tool that displays the financial history of a specific company with full transparency to the financial statements. Here you can identify trends and analyze the value of a potential investment using the statements themselves, as well as comparative techniques and custom templates that allow you to access the data you need quickly in order to make an informed decision on an investment opportunity. The FAgo screen initially wakes up to the key stats tab located in the upper left. But as you can see, there are a series of tabs locates at the top that you can click into and which allow you to drill down further. So for example, clicking on the income statement, you will see that it has a series of sub-tabs as well. To suit your preferences, you can also click on the settings tab at the very top, and this will allow you to adjust your settings whenever you popular or run this particular function. One of the key benefits of the FAgo screen is the full transparency it offers into the numbers. For example, if you’d like to view the statement for which we have obtained a specific data point, simply click into the line item. So let’s say for example that we’d like to click into revenue for Apple. When you do that, you’ll be able to see exactly where we sourced our information from. You can click into the particular line item itself, drill down further, and on the right hand side, you’ll see two icons – two document icons which when clicked on allow you to view the source document itself and highlighted exactly where we got the information from. Let’s close out of this and go back to the main page on FA. You will see a number of things here. You’ll see that estimates, denoted by the letters EST, are included alongside historical data. You can click into any one of these estimates by view consensus estimates from sell-side analysts. This gives you a clear view of where the company has been and where it’s expected to go. Depending on your analysis, you’ll find it very easy to run a specific analysis based on ratios, which you’ll see located at the top, valuations, segments, or additional information with the tabs at the top. Each of these tabs, specifically the additional tab, pulls in the relevant key measures for that industry. With this insight into estimates, we can continue our equity research with the earnings estimate on EEOgo. Here on EEO, we aggregate all earnings estimates for a company in one place so you can quickly gauge market expectations on an investment opportunity. From this page, you’ll see a number of things. Starting at the very top, you’ll have the option to adjust the reporting period, as well as the consensus type and currency. Also from this page, you can customize your settings and set alerts for earnings data, for consensus date that you are interested in for this particular security. This will allow you to stay up-to-speed with any estimate shifts for a particular company. Here in this page we’re looking at consensus estimates which represent a consensus value for each measure based on reported sell-side expectations. Alongside each estimate, which is listed on the left hand side, you’ll see – or you will find the number of estimates received per measure. Whenever you hover over the exact estimate numbers, you’ll be able to see – or this will give you additional information, such as the number of analysts who revised the estimate itself, and other key information. If we click into a specific measure, you can get even more clarity on that figure. From here, you’ll see a breakdown in three main parts. In the top left, you’ll see a quick summary of the consensus data itself. To the right of that, you’ll see the historical values of the consensus data as plotted by the analysts. And just below that, you’ll see a breakdown of all of the analysts who contributed to the consensus. On the left hand side, you’ll be able to see or you’ll be able to click into the research provided by this particular analysis covering the security. And to the far right, you’ll be able to access a graph that allows you to view the analyst estimates historically alongside the price of the particular security that you are – that you are researching. So on one graph you have both the price and the historical estimates or the historical consensus estimates for that particular security. Let’s menu back to the consensus detail screen. And to go into further detail into the area in the top left, the consensus rating at the top is based on the analyst recommendations that are compiled by Bloomberg reporters and researchers around the world. ANR allows you to determine the latest analyst sentiment and identify which analysts have the most accurate equity rating. Another dynamic tool for analyst research is the function ANRgo. This is the home page for analyst recommendations. Here you will see a listing of the analyst recommendations, their price targets, price target time periods, and a consensus rating for a selected equity, which you’ll see in the upper left corner. Here as well, similar to the consensus estimates, you’ll also see a graph in the right hand side to view historical recommendations. At the top, the consensus ranking is based on analyst recommendations. They are compiled by Bloomberg reporters and researchers around the world. This page allows you to determine the latest analyst sentiment and identify which analysts have the most accurate equity rating. Bloomberg assigns a numerical value from one to five for every recommendation, where five represents a buy. In this example, sentiment on Apple appears to be a buy. You’ll see that there are more buys than holds and sells. This can also be seen in the consensus rating located right here in the top (inaudible). Now let’s take a look at the analyst recommendations. In the table at the bottom of the screen, you’ll be able to see that there is a column called BAR. This is the Bloomberg absolute return risk, which essentially highlights those analysts that have returned the most in terms of total return for this particular security. Let’s locate the analyst who has – who has returned the most for Apple. If we scroll down, you’ll be able to see that the analyst from BTIG was ranked first in terms of BAR. To the far right, you’ll be able to see a graph with that particular analyst – you’ll be able to see that this particular analyst for the duration that – for the amount of time that they’ve covered this security, they have excelled in terms of their recommendations. Now that we’ve seen charts, fundamentals, and earnings on a company, I’d like to continue our review of the core equity functionality with a peer analysis tool called relative value, or RVgo. You can use RV to perform a customized peer group analysis so that you can benchmark your security’s performance for capital structure against its peers. Once you are on the relative valuation screen, you’ll see three main sections. In the top left, you’ll be able to see how this particular security ranks across a number of sectors. To the right of that, you’ll key metrics for that particular security in comparison to its peers, to the median for its peers. Just below that, you’ll see the main portion of this screen, which is divided into several tabs. It initially wakes to an overview tab, which is the overview template, but you also have the option of clicking into the other templates that allow you to analyze the security or compare the security in different ways, such as the markets template and the EPS preview template. One great feature about the relative value function is that you can create your own custom template. And from there, you can enter the fields that are most relevant for you, as well as the securities that you would like to compare your main security against. Another peer comparative tool, PPC, complements this analysis. Let’s run PPCgo and you’ll see what I mean. With PPC, you’ll be able to take a different look at how companies fare against their peers by comparing them across product segments. It allows you to perform an in-depth analysis of company revenue by introducing the sector classification that you see on the left hand side, and the hierarchy that allows you to compare, depending on which sector you select, the key measures on the sidebar. On this screen, you’ll be able to select the classification for which you’d like to sort the security by. For example, VIX, GX (ph), or any of the ones listed below. You can also filter by the currency on the right hand side, and finally, by the industry to the right. From here, you will see the hierarchy located on the left sidebar. You can select any measure from the hierarchy sidebar. And then, let’s say for example you click into music download sites for Apple, and on the right side you’ll be able to see the company’s competitors within each product. This adds yet another layer of analysis into data collected through the financial statements to help you make an informed investment decision. You can also click into the numbers under the hierarchy section in order to view more transparency data, similar to what you can do with FA. This covers the basic equity overview on the Bloomberg terminal. The functions we went over today in news, broad market indicators, and security-specific analysis tools are just an introduction to the vast resources we have for you to make informed investment decisions. If you have any further questions, remember that you can hit the help key twice for 24-hour assistance with (inaudible) for future training opportunities. Thank you for your participation in Bloomberg Essentials.

Monday, October 14, 2019

Examining HRM Initiatives utilized by Modern Companies

Examining HRM Initiatives utilized by Modern Companies What is HRM The term HRM or human resource management means managing people in different areas of the business. Human resource responsibilities consist of four types of responsibilities in the business management hiring, retaining, compensation and designing their work in the organization. The basic objective of almost every HRM department in the business organizations is to maximise the overall production efficiency of the organization and the optimal use of the human resources (employees) As Edward L. Gubman observed in the  Journal of Business Strategy,  the basic mission of human resources will always be to acquire, develop, and retain talent; align the  workforce  with the business; and be an excellent contributor to the business. Those three challenges will never change. Human Resource Management in the Current Era In recent years, HRM field changed to a great extent and has the major effect on the field of human resource management. One of the major aspects is technology development in the business environment. So human resource management has to face new challenges like to train the employees for new technologies like satellite networking and tele-conferessing and other such like devices. Importance of Human Resource Management Until a few years back the HRM department was being considered the department of less importance in the corporate hierarchy but now human resource department value in the organizations has grown dramatically because management knows that HRM department is directly responsible for the progress and nourishment of the business. Without effective HRM department it is impossible for companies to compete and evolve the current era of business competition. And this recognition of HRM importance has reached not only to the large scale businesses but also to the small scale businesses. As Irving Burstiner commented in  The Small Business Handbook,  Hiring the right people-and training them well-can often mean the difference between scratching out the barest of livelihoods and steady business growthà ¢Ã¢â€š ¬Ã‚ ¦. Personnel problems do not discriminate between small and big business. You find them in all businesses, regardless of size. Importance of Performance Appraisal in Current Scenario To measure and evaluate the performance of the employees is always very crucial for business and the concerned managers and officials continuously perform this rating and evaluation throughout the year. The importance of appraising performance of the employees can be compared to the managing financials and other resources of the organization because the performance of the employees has the direct relation with the utilization of the other resources of the organization and heavily effect the overall performance of the organization. How to conduct performance appraisal programme The five key elements of the performance appraisal are: Measurement   assessing performance against agreed targets and objectives. Feedback   providing information to the individual on their performance and progress. Positive reinforcement   emphasising what has been done well and making only constructive criticism about what might be improved. Exchange of views   a frank exchange of views about what has happened, how appraises can improve their performance, the support they need from their managers to achieve this and their aspirations for their future career. Agreement   jointly coming to an understanding by all parties about what needs to be done to improve performance generally and overcome any issues raised in the course of the discussion. There are many tools for performance appraisal which are being used by the different organizations like behavioural anchored rating scale, forced choice method, checklist, graphic rating scale, rating, M.B.O. etc. Case study AUTOGLASS Ltd Background Autoglass is the UKs leading vehicle glass repair and replacement company, and has the largest market share. It is part of the Belron group, which is the worlds biggest vehicle glass company. In the UK, there are just over 2,000 employees, approximately 1,100 of whom are mobile technicians, working out of 130 branches. There are three main groups of employee: trained and trainee technicians based throughout the UK; customer service staff based in the customer contact centre in Bedford and in Autoglass branches across the UK, and support staff located in the state-of-the-art head office in Bedford. The HR department is a team of 25 people, which manages all the HR functions including: resourcing, employee relations, management development, technical training, internal communications, health and safety, and technical services. The case for alignment The organisation has always performed well. HR has a good reputation and has been an important part of the business since the late-1990s. (From the early-1990s, HR was known as Personnel and Training.) The HR plan is formulated with close consideration to the business strategy, but as well as this HR is in a position to add to the business planning processes. The HR director is a member of the executive committee, which is responsible for strategy and business development. In 2002, although the company continued to be successful, it was felt there was a need to map out new opportunities for growth and to review the strengths of the business, so Autoglass committed to a strategic review. This ran in partnership with the parent company. An important part of this was a people review, which examined: Who have we got? The demographic picture How people enter and exit the business recruitment, tenure and turnover How people are managed The organisational culture. How was alignment achieved? Although historically there has been a personnel function in Autoglass since the early-1990s, the HR director role was created in 1997.HR is now an established fulcrum between company and staff. There are two key strands to this role, which HR endeavours to interweave. Improving: business performance by working closely with the business heads and the yearly/five-year business plans the working lives and conditions of employees and, as it is not a unionised environment, HR takes this role seriously. The HR director believes that working conditions affect the standard of people coming into the company. For example, HR recently increased holiday entitlement for managers after noticing that their offering was a bit short of the national average. This was done despite some management resistance. A great example of HR working in line with the business at Autoglass was the role played in critical structural and reward changes in 2000 after it was recognised that the business structures had become too complex.HR led the approach to these changes while working very closely with regional managers, providing professional competence, guidance and moral support. For the organisation, it was an excellent example of cross-functional working. The changes included: Discontinuation of the network structure, so branches became independent Even stronger commitment to the mobile working strategy Table Of Different Significant HR Initiatives And Business Out Comes HR INITIATIVE BUSINESS OUTCOME Training and development Auto glass invest more than average in its training and development programme50, providing a comprehensive training programme for technicians through the National Skills Centre. In addition, there is a management training plan, and management development centres have been run based on carefully analysed leadership success factors Staff turnover has fallen The quality of service has improved Succession planning An organisation-wide capability review has recently been conducted The trainee management programme is Auto glasss graduate recruitment programme, which is fairly unique in the industry. Improving the quality of branch management Employee relations There is an employee assistance programme,which has a utilisation rate of just under five per cent Managing directors open house programme Field-based HR roles staff satisfaction is used as a key performance indicator and the overall index score has increased from 50 to 61 since 1995. Pay and benefits The pay scales are in the upper quartile and all staff are on a variable earnings plan Business performance has improved year on year since 2000,with 2003 being the best year ever Performance management Autoglass has a well-established performance management system. Every manager has received training in the process. Recent trends show that positive ratings are on the increase The staff survey shows the highest positive results around clarity of goals and whats expected of me.This suggests the organisation is providing a framework for employees to work to their maximum capacity We come to you. Productivity-based reward system for technicians, which was a huge benefit to the business. The management and output of the strategic people review is a good reflection of the overall HR ethos in Autoglass, which focuses on the practical and does not over intellectualise in pursuit of best practice. The HR director feels that it is more important to realise that organisations are not linear: learning about your specific case and finding out where the pain is in the business is more realistic. While working towards more blue sky improvements is important, it is critical to balance this with attending to existing problems.HR see this balance as their key role. To plan current and future HR work so that it aligns with business needs, Autoglass uses both quantitative and qualitative methods including staff satisfaction survey results, turnover and sickness data as well as listening to what people at all levels around the business are saying. For example, senior managers go out into the business and lead open house participative sessions with a cross-section of staff.HR facilitate these sessions, focusing on what issues are being dealt with in the business currently and managing staff expectations. The HR department is confident in its ability to add value. Resources for the review were found almost entirely internally rather than using large-scale consultancy to manage the process. For the strategic review, Autoglass used an internal team (including a regional manager ,a contact centre manager, an HR manager, the HR director and the rewards manager),with support from their parent company Belron and one independent consultant from The Work Foundation to provide an external perspective. Outcomes Generally, according to the staff attitude survey, satisfaction ratings have improved in gradual progression over roughly the last 8-year period to 61 from a base of 50.Although managers own the results of their area, HR feels this says a great deal about its contribution to the business and the working lives of staff overall. The pace of improvement has accelerated since the changes in 2000 that resulted from the changing the game project. The business, after an initial dip, was energised. More specifically, the people review provided an excellent birds-eye view of how HR was functioning. While the policies and processes were working well generally, it was felt that there were areas of real weakness that were a cost to the business and could be improved on. The main issue was that the recruitment process for technicians was not working. In response to the review findings, in under a year HR has designed and perfected a new approach to recruitment. Although there is habitually high turnover in the industry, this has improved. The process has been well received throughout the business. Training and development initiatives have had a positive effect on the business. Drop-out rates from training programmes are low, indicating that staff and their managers value training and give it a high priority. Around 56 per cent of people are working to a personal development plan. More crucially, the National Skills Centre had a positive impact, most notably on performance of fitters, and a business case for a relocation and expansion of the facility was approved earlier in the year. Succession planning has resulted in a balance at senior levels between internal promotion and external appointments. Most vacancies are advertised internally, but an exclusively external process is used if it is known that the necessary skills and experience do not exist in the organisation or new blood is needed. Conditions for success The good reputation of HR is critical to its involvement in business planning and performance improvements. The HR director feels that HR people who understand the business they are in and are confident to be part of the issues peculiar to it is central to sustaining their reputation. This combined with enlightened senior management is how HR sustains its strategic role. In Autoglass it is accepted that people are part of the solution rather than part of the problem. The people dynamic is crucial people are a vital part of our business, says the HR director. With an overwhelming majority of their customers meeting technicians in the field face-to-face, the people element cannot be ignored.HR is fundamental to recruiting and managing these people. Influencing business heads is an important and iterative process at Autoglass. Partnerships with business heads are central to most of the projects they work on, for example the structural and pay changes in 2000.In addition, persistence with initiatives and ideas has been a large part of HRs success in adding value. While you need a few quick wins, issues such as motivation and leadership are only long term. There is no use in pretending otherwise, says the HR director. Challenges Phase One of the overall strategic process took longer than anticipated due to some complicated market research. As a consequence, the follow-up stages have been delayed. Often the stark realities of business needs are cyclical and demand short-term responses, which can inhibit longer term thinking. However, HR views this as the way things are rather than a major challenge although there can be tensions in getting people to realise that long-term solutions are vital to managing out short-term problems. For example, getting people to use new recruitment approaches and getting people to stick with it even if it does not work at first. Sustainability Building on achievements and working with the business as they evolve. Consistently reviewing HR policies and processes. Continuing to find the weak spots in the business and looking at where HR can intervene. Pushing the boundaries of the employer of choice agenda, for instance implementing a sabbatical policy. Learning and sharing across the Belron group, particularly looking at the more mature businesses in the organisation, such as those in Belgium and Holland

Sunday, October 13, 2019

Media Advertising and Sex Essay -- Exploratory Essays Research Papers

Advertisements are everywhere, combining images and words together to create a message to sell a product. The initial impression is that the advertisers are just trying to sell their products, but there often seems to be an underlying message. It is often heard that â€Å"sex sells.† So, many advertisers will use beautiful women and men in their advertisements to try to market a product. The hope is that â€Å"sex will sell,† and people will go out and buy what the ads are selling. There are many advertisements and commercials that use this approach. Prime examples of this are the advertisements for Orbit Gum and A Diamond is Forever. Also, the commercials for Levi jeans use sex to promote the sale of their brand. As a way to explain how and why the media uses â€Å"sex to sell,† many articles have been written concerning this. For instance, â€Å"Sex as Symbol in Fashion Advertising† by Arthur Asa Berger talks about the sexual undertones us ed in ads as a way to sell products. Similarly, Jean Kilbourne’s â€Å"Beauty†¦and the Beast of Advertising† discusses the portrayal of women in advertisements as sex objects. Finally, â€Å"Analyzing Signs and Sign Systems† by Arthur Asa Berger offers ways to analyze advertisements and their use of sex. No matter what the advertisement is for; although it may seem that an advertiser is only trying to sell a product, the ways the advertisements are presented often have a hidden meaning. For example, in the ads for A Diamond is Forever; although, the company is selling engagement rings, it portrays a couple in a sensual pose. In the ad, it looks as though they are naked. The man is bending over the woman with his hands creating the shape of an oval around her. Their faces are touching, and ... ...or a better lover if their products are used. With so many different advertisements out there, watch out for many ways that sex is being used to deceive people into buying products that cannot fulfill all the promises in the ads. Works Cited Berger, Arthur Asa. â€Å"Analyzing Signs and Sign Systems.† Reading Culture. 4th ed. Ed. Diana George and John Trimbur. New York: Longman, 2001. 192-193. - - -. â€Å"Sex as Symbol in Fashion Advertising.† Reading Culture. 4th ed. Ed. Diana George and John Trimbur. New York: Longman, 2001. 186-191. A Diamond is Forever. â€Å"Advertisement.† People. Aug. 2003: 64. Kilbourne, Jean. â€Å"Beauty†¦and the Beast of Advertising.† Reading Culture. 4th ed. Ed. Diana George and John Trimbur. New York: Longman, 2001. 193-196. Levi Jeans. ABC. Ch. 7. June 2002. Orbit Gum. â€Å"Advertisement.† People Aug. 2003: 72.

Friday, October 11, 2019

Women in the Developing World Essay example -- Female Females Women Es

Women in the Developing World Studies of political and economic change in the developing worlds usually say little or nothing about women’s issues. In the past two decades, two factors have contributed to the new understanding of women in developing nations: the emergence of feminist or gender-related social science research and the growing awareness by policy planners that women play an important role in the modernization process. Third world women, just as woman in industrialized nations, are largely represented in particular occupations. The majority work in agricultural employment or jobs that are unregulated by the state, such as street vendors and small businesses. Similarly, as in industrialized nations, Third World professional women are over-represented in such professions as nursing and teaching. Divisions between women’s and men’s work have obvious economic and political implications. Evidence of gender inequality and exploitation of women exist in most societies, yet some of the worst cases are found in the developing world. The murder of some five thousand woman annually in India by dissatisfied husbands; the enslavement of women working in Pakistan’s brick-making industry; wife beatings in Zambia and the Andes; and the sale of child brides are only a few of the many instances of women’s subservient status in many Third World countries. Less dramatic examples of gender inequality include divorce laws that favor husbands; the restricted opportunities for women’s employment in universities, the professions, and higher-paid blue collar jobs; and the double clay that woman must frequently face (coming home from a long day’s work and having to do all the housework and child care). After years of neglect, man... ...dership positions. The Third World is surely no exception. During the mid-1980’s, women constituted only six percent of the national legislators in Africa and only two percent of all cabinet members. Throughout the developing world, United Nations surveys repeatedly show that even in countries where women are active professionally, their level of responsibility as policy-makers and planners is low. Analysis reveals that the political and economic status of Third World women is anything but uniform. Their position varies considerably from region to region and country to country. Within individual countries, the condition of women differs according to their social classes or ethnicity. Three factors seem most relevant in this regard: the prevailing cultural values, a region or nation’s level of socioeconomic modernization, and the type of political regime in place.

Dangers of Speeding

When riding through any type of speed zone you should be extremely precarious. Especially In a school zone, due to the children going and leaving school as well as all cars that could possible be lined up walling to pick up and drop off. The Lake Sconce Academy speed zone is approximately 35 miles per hour. Going over this speed zone could harm your self and the people around you as well. Violating any school speed zone could endanger the lives of children crossing the street, buses traveling back and forth, and any staff member helping the children or aren't going to school or on about their day.School zones are specifically designed to help protect children and families and to try to prevent any type of accident. Also, going over the speed Limit makes you more likely to cause or be a volt In an accident. It may seem that going only a couple miles over the speed limit wont have any cause or effect, but it has a lot more effect than anyone thinks. Many people have the thought that no damage can really be done unless your going a certain speed over the posted limit. But following the proper speed limit could keep you from injuring yourself or others.It also prevents you from loosing control, swerving, distractions, and allowing you to have ample amount of time to react to any unexpected changes within the area. The faster you are traveling in a car the harder the impact and usually the more damage caused. Not only could this effect you, your car, and the other persons belongs, but It could also affect your record. For every violation of the law you receive points, and after six points while having a class D license you risk the chance of eating your license taking until your eighteen years old or taken proper reckless driving classes.Believe it or not speeding is the third leading contributing factor in car accidents. On average, more than 33% of car accidents are caused from not following the proper speed limit. The consequences from getting in a wreck can be e xtremely serious. You have a high possibility of facing very expensive fines, having to take traffic school, having your Insurance premiums raise a significant amount, and possibly even getting your license suspended for a very lengthy time period.Dangers of Speeding By belladonna Especially in a school zone, due to the children going and leaving school as well as all cars that could possible be lined up waiting to pick up and drop off. The Lake Sconce going over the speed limit makes you more likely to cause or be a victim in an belongs, but it could also affect your record. For every violation of the law you receive serious. You have a high possibility of facing very expensive fines, having to take traffic school, having your insurance premiums raise a significant amount, and