Sunday, December 29, 2019

An Application Of A Biblical Worldview - 997 Words

An Application of a Biblical Worldview The topic of the image of God is one essential to every human being because it will shape the way in which each individual will look at his or her life. A part of every human’s life is his or her vocation, which will also be changed by the view he or she holds about the image of God. The image of God is the footprint that God left in humans and in no other being in His creation, and it must shape the way in which everyone will look at his or her job. The image of God, as any other theological topic, has been seen biblically, historically, and theologically. The Bible teaches that God created man in His own image in Genesis 1:26-28. Then, in the third chapter of Genesis, Adam and Eve sin by eating the fruit of the tree of the knowledge of good and evil, thus distorting the image of God in humanity. Even though it was distorted, it is seen that the image still remains in man through various passages in both the Old and New Testaments, inclu ding Genesis 9:6, which states that it is wrong to kill a man because the image of God is in him. The image of God has been approached from many different ways since the beginning of the church. In the second century, Irenaeus proposed that rationality and freedom compose the image of God in man. In the medieval times, Thomas Aquinas proposed that the image of God in mankind is the ability or rationality that man has to know God. Then, during the Reformation era, John Calvin proposed that the image ofShow MoreRelatedThe Cross Border Commerce : With Biblical Worldview Applications1478 Words   |  6 PagesWith the aid of the Cross Border Commerce: With Biblical Worldview Applications (2014) textbook, the objective of this paper is to define licensing and franchising, as well as expand the gained knowledge of the textbook reading. Licensing and franchising is an indirect form of exporting that entails the exporting of technology by companies (Satterlee, 2014). Furthermore, a licens or is the faction giving the license, whereas the licensee is the faction that utilizes the license (Satterlee, 2014)Read MoreCritique on Kingdom Education Essay893 Words   |  4 Pageshave a biblical worldview. This worldview is taught through Bible stories, but is also incorporated into every subject and into educational methods that reflect a biblical philosophy. Ultimately, parents are responsible before God for their child; however, it is the role of the church and the school to support the parents in their God given responsibility. In Kingdom education, these three cords must work in harmony to evangelize, discipline and train each child to incorporate a biblical worldviewRead MoreComputer Technology And Its Effects On Our Lives Essay1402 Words   |  6 Pagesthe potential to take control over our thoughts and actions in an obsessive manner, we must learn to limit and set healthy boundaries with computer technology and the myriad of different distracting devices. When I first started this course, my biblical world view included trusting in God alone, and not relying on my own understanding in life matters. He has always been faithful and just to light my path. â€Å"Trust in the Lord with all your heart; do not depend on your own understanding. Seek hisRead MoreBiblical Vs. Biblical Worldview1182 Words   |  5 PagesWhen one looks at the world through a Biblical lens, they lay a foundation for becoming an agent of change, standing apart from society and pointing others towards Christ. A truly Biblical worldview is one which results in the believer honoring Christ and clearly set apart from the world. Every worldview has a set of underlying assumptions which influence how one sees the world, and a Biblical worldview is no different. What is different is that these assumptions can be tied back to Christ. ThisRead MoreCritical Thinking : Islam Worldview / Christian Worldview 21086 Words   |  5 PagesCRITICAL THINKING: ISLAM WORLDVIEW/CHR ISTIAN WORLDVIEW 2 The Question of Origin Islam Worldview The beginning of life according to Islam was facilitated by the prophet Muhammad. But, Islam began long before Muhammad. Muhammad dictated to the Quran, which is the holy book of Islam. The followers of the Islam religion call themselves Muslims. â€Å"There is approximately 1.8 billion people that follow the Islam religion. It is the second largest religion in the world† (Lipka, 2017). FollowersRead MoreThe Apologetics Application Paper Instructions1329 Words   |  6 Pages Kenneth Davis APOL 500 May 28, 2017 Instructions for this submission: Part 1: Make sure you read and understand the Apologetics Application Paper Instructions document before you attempt to complete any part of this form. Attempted submissions that do not use the submission form provided will not be accepted for credit. To complete this part of the project, download this form to your computer, save it with a different file name using your last name and the assignment nameRead MoreAbortion BWVW Assignment1004 Words   |  5 Pagesï » ¿BWVW 102-003 February 20, 2013 Worldview Application Assignment Abortion Some critics believe that abortion is a woman’s choice; others believe that termination of a life even before it is born is still murder. I highly doubt that pro-choice advocates would support their stance if they too believed that abortion was murder, so how then can they justify their pro-choice affiliation? The true question to be asked is when does life actually begin? There would be no questions asked if someone couldRead MoreThe Importance Of Biblical Faith And General Human Wisdom1430 Words   |  6 Pages Yoder notes its failure to recognize that biblical faith and general human wisdom are not identical (Stassen et al. 1996, 36). One could contend that the implication of the statement is that they are likewise not mutually exclusive. Faith and wisdom work hand in hand. Faith is a radical trust in the sovereignty and goodness of God. (Boa, 250) God is in control and has one s best interest at heart.     One might also maintain the truth of biblical teaching, and yet affirm elements of God sRead MoreFree Essay Is a Scam1711 Words   |  7 Pagesvarious levels liberates us from useless argument over which one views human nature subjectively or scientifically. This approach takes science and research very seriously. It also allows all scientists to contribute to their discipline, regardless of worldview differences. This view avoids problems with misinterpreting the Bible. Last of all the levels of explanation view has shaped contemporary psychology in areas like religion, forgiveness, and values in therapy. How does this view respond when psychologicalRead MoreI Have Learned And How It Will Affect My Future Endeavors1318 Words   |  6 Pagesclass: Intro Computer Applications, what I have learned and how it will affect my future endeavors. Throughout the course I examined how my biblical worldview and computer technology coincide. Identifying plagiarism on the internet, and practicing properly citing sources in different applications. As well as different Microsoft programs, and their distinct features. I concluded the course by practicing presentations and giving and receiving constructive criticism. Personal Worldview and the Internet

Friday, December 20, 2019

Strategic Marketing Management - 337596 Words

Strategic Marketing Management Dedication This book is dedicated to the authors’ wives – Gillian and Rosie – and to Ben Gilligan for their support while it was being written. Acknowledgements Our thanks go to Janice Nunn for all the effort that she put in to the preparation of the manuscript. Strategic Marketing Management Planning, implementation and control Third edition Richard M.S. Wilson Emeritus Professor of Business Administration The Business School Loughborough University and Colin Gilligan Professor of Marketing Sheffield Hallam University and Visiting Professor, Northumbria University AMSTERDAM †¢ BOSTON †¢ HEIDELBERG †¢ LONDON †¢ NEW YORK †¢ OXFORD PARIS †¢ SAN DIEGO †¢ SAN FRANCISCO †¢ SINGAPORE †¢ SYDNEY †¢Ã¢â‚¬ ¦show more content†¦Identifying and evaluating competitors’ strengths and weaknesses Evaluating competitive relationships and analysing how organizations compete Identifying competitors’ objectives Identifying competitors’ likely response profiles Competitor analysis and the development of strategy The competitive intelligence system The development of a competitive stance: the potential for ethical conflict Summary CONTENTS vii StageShow MoreRelatedStrategic Marketing Management3499 Words   |  14 PagesMcDonalds | MARKETING MANAGEMENT | Strategic Approach towards Marketing | Contents 1. Introduction 3 2. Planning principles and range of tools and techniques used at McDonalds 4 2.1. Planning principles and Processes used in development of Marketing Strategy for McDonalds 4 2.2. Porter’s five forces model determining the strategic options 6 2.2.1. Threat to new entry: 7 2.2.2. Threat to substitute products: 7 2.2.3. Bargaining power of the customers: 7 2.2.4. BargainingRead Morestrategic marketing management2216 Words   |  9 Pagesin year 2007. Board of directors decided to continue their Alpha by restructuring with three managerial levels. The top level is corporate level to oversee and take responsibilities for the entire company. At the middle level, the three separate strategic business units (SBUs) were formed to undertake separate product lines and services; one SBU is Alpha Manufacturing Unit for food and beverages products, and another two for Alpha Hotel Service Unit and Alpha Tourism Unit. Vision To provide memorableRead MoreStrategic Marketing Management6331 Words   |  26 Pagesthe luxury Wrist watches. And they are the leaders in the field of watch business. In this report i have mentioned the principles of the strategic planning and proters five forces rule and the steeple analysis. And i have apllied all these to my company which ‘Rolex’. And how they are implementing the strategies. Secondly, i have mentioned the effective marketing options tjhat the Rolex company have when compared to the other watch companies. And thirdly, i have outlined how the globalization changedRead MoreStrategic Marketing Management Essay689 Words   |  3 PagesStrategic Marketing Management Sample Exam Questions Question 1: a. Is the PLC (Product life cycle) concept useful in developing Marketing strategies? Describe why or why not? What are the limitations of the PLC concept? A strategy is a fundamental pattern of present and planned objectives, resource deployments, and interactions of an organisation with markets, competitors and other environmental factors. b. What are the advantages available to Google with their GoogleRead MoreMarketing Management : Strategic And Operational Risks727 Words   |  3 PagesMarketing management consists in distributing resources in order to produce net present value to shareholders among an environment of market-product investment involving risks. A. Rappaport, 1981). As a result, a marketing strategy is defined as the method on how the organization’s resources are put at risk seeking to get competitive advantages (V. Cook, 1983). Marketing risks are present in all the aspects of the marketing plan. We can identify five main areas of risks listed below: - StrategicRead MoreCase Study : Strategic Marketing Management Essay2555 Words   |  11 Pagesis my own work - Signature of student DB 703 – STRATEGIC MARKETING MANAGEMENT 1. Assess the role strategic marketing in an organisation. Your answer must address how planning, decision-making, selecting and pursuing marketing opportunities achieves sustainable competitive advantage. Introduction Marketing process identifying and developing products that the people want, though better management. There is a particular product marketing, price, place and promotion take account of factorsRead MoreWoolworths Analysis : Strategic Marketing Management3081 Words   |  13 Pages WOOLWORTHS ANALYSIS STRATEGIC MARKETING MANAGEMENT REPRESENTED TO SIR. AJAY KUMAR BY ALI ZAFAR MUGHAL (11201449) BIVEK THAKALI RABNAWAZ (11400273)â€Æ' Table Of Contents Mission statement†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3 Introduction Background†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 4 SWOT Analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 6 Market Segmentation Analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Read MoreThe Strategic Marketing Management Analysis of Lenovo Group4016 Words   |  17 PagesThe Strategic Marketing Management Analysis of Lenovo Group Wang, Wen Cheng, Dept. of Business Management, Hwa Hsia Institute of Technology, Taiwan Chu, Ying Chien, Department of Tourism and Leisure, National Penghu University,Taiwan Chen, Ying Chang, Department of Hotel and Restaurant Management, Ching Kuo Institute of Management and Health ABSTRACT In recent years, market competition in the market economy is fierce, the different economic performances and behaviors based on the enterprises’Read MoreIn a Dynamic Business World, Phrases Such as Strategic Planning, Marketing Planning or Change Management Are Oxymoronic!1184 Words   |  5 PagesMSc in Marketing amp; Strategy Title: In a dynamic business world, phrases such as strategic planning , marketing planning or change management are oxymoronic! This work is submitted as part of the requirements for the MSc in Marketing amp; Strategy. The work contained in this assignment is my own, individual and original work and has not been used in whole or in part for any other assessment on this or any other degree. I have read and understand the University rules on Plagiarism Read MoreMarketing and Strategic Management3920 Words   |  16 PagesMARKETING AND STRATEGIC MANAGEMENT4 MARKETING AND STRATEGIC MANAGEMENT Marketing Strategies INTRODUCTION Marketing strategy outlines the master plan of actions aimed at achieving the companys marketing goals. Marketing is far more than tactics; it involves strategic management which is the foundation for the success of its tactical elements (Hartley Rudelin, 2009). A good number of factors have to be considered before creating a market strategy; this includes market penetration, market share

Thursday, December 12, 2019

Accounting and Business Decisions (A Case of Billabong International L

Question: The basic requirement is to make a general analysis of the profitability, efficiency, liquidity, gearing (leverage), and investment performance of Billabong Limited using the information available in the companys 2013 annual report available available at the following address: Billaboing Annual Report 2013 Students are to use the Consolidated data in conducting their analysis. Note that the 2013 annual report contains comparative data for the year 2012. Answer: Executive summary Billabong International Limited (BBL) is an Australian based surfing merchandise organization listed in the Australias stock exchange. The company issues around 252547370 shares and for the purpose of effective business activities the company has divided the market into four main parts namely Australia, America, Europe and other countries. Initially the company gained a high NPV of $146.0 million in 2012 however the companys sells reduced making the companys ratios non profitable. The report shows that although the company is able to pay off the short term debts however the payment of long term debts is difficult for the company. The company also needs to improve its revenue by increasing the sales of the merchandise so that the profitability ratios can be improved. Introduction Billabong International limited produces surfing accessories and clothing products under different brands. The company was initially founded in the year 1973 however the company became listed in the Australian Securities exchange in 2000. The company offers more than 2200 products including swim shorts, pants, jeans, swim wear, sports eyewear for men and women (Billabong Annual Report 2013, 2015). Currently recording around $ 1.34 million revenue, the company operates in about 60 countries. The report here deals in analyzing the financial position of the company with respect to calculation of the profitability, liquidity, and gearing and efficiency ratios. The report shows the comparison of the ratios between 2012 and 2013 and tries to analyze the changes in the ratios. Analysis of the ratios Profitability ratios The profitability ratio generally helps to make comparisons between the income statement accounts and shows the companys ability to generate profits from its operations (Al-Qaisi, 2011). The following profitability ratios will help the investors of Billabong to judge the companys return based on investment made by the shareholders. Ratios 2013 2012 G.P ratio 0.492735 or 49% 0.470034 or 47% N.P ratio 62.49381% 18.95229 % Return on assets ratio 54.36654 % 12.16427 % Return on capital employed 2.068228 0.355936 Return on equity 1.299003 0.246109 Gross margin ratio: The GP ratio compares the gross profit against the net sales. The ratio shows the how profitably Billabong is able to sell its product and merchandise (Garrett James III, 2013). The GP margin is higher in 2013 indicating that the company has been able to sell more of its merchandize profitably. The difference of 2% in the GP ratio shows that the overall profit from the sell has remained same over the years. Net profit margin ratio: This ratio directly measures the percentage of sales that is made up of net income. The analysis shows that Billabong is incurring net expense or loss on the sales. Hence the revenue of 2013 has also decreased. However compared to 2012 the net loss has increased to 62%. This is because the other incomes in the year 2013 have decreased by 8%. Return on assets: This ratio measures the effective return of the company on the investment. The ratio is an indicator for the investors planning to make further investments in the company (Kheradyar, Ibrahim Nor, 2011). Since Billabong is experiencing net loss hence the lower return on assets in 2012 around 12% suggests that the company had incurred less amount of loss on the assets compared to 2013 where the return is 54%. The ratio shows that Billabong is not able to use its assets profitably. Return on capital employed: This ratio shows how much profit each dollar of employed capital generates (Garrett James III, 2013). However in Billabong the company experiences net operating loss at the end of both the years 2013 and 2012. Hence lower rate is favorable in suggesting that the loss is low and the capital is more profitably used. Return on equity: Return on equity measures the efficiency of the company to generate profits from the shareholders money. The net loss of Billabong for the consecutive years 2013 and 2012 has made the company experience negative ROE. Efficiency ratios According to Yap (2013) the efficiency ratio are also known as the activity ratios and measures the utilization power of the companies in terms of their assets in order to generate income. If the companies are efficient with the resources then they are able to generate high profitable ratios. Ratios 2013 2012 Inventory turnover ratio 0.460875 2.384379 Total asset turnover ratio 0.869951 0.641837 Working capital ratio 1.016119 1.470163 Accounts receivable turnover ratio 5.985841 4.662756 Accounts payable turnover ratio 4.800447 4.34794 Accounts receivable turnover ratio: This ratio indicates how effectively the company is able to collect its receivables in order to keep liquid cash for the business purpose (Najjar, 2013). The higher turnover ratio in 2013 indicates that the company is able to collect the cash from the customers soon and will be able to pay off the bills sooner. Inventory turnover ratio: The ratio shows the capability of the company to control the merchandise. The ratio determines the overspending in case of inventory and also over storage of the inventory in the company premises. The low inventory turnover ratio indicates that Billabong is not able to sell its inventory and the closing amount of inventory in the god won is higher than the clearance stock. This is bad indication in terms of the liquidity of the company. If the inventory turnover ratio is not high then the company will not be able to generate liquid cash. Total asset turnover ratio: This ratio shows how efficiently the company uses its assets in order to generate sales (Yap, 2013). The ratio for both the years are low hence it maybe concluded that Billabong is not able to use its assets effectively. The low ratio suggests that the company is not able to make any profit out of the resources. Accounts payable turnover ratio: This ratio determines the time span of how effectively the company is able to pay off the creditors and the vendors (Wiehle et al. 2012). The ratio is 4.8 in case of 2013 and 4.3 in case of 2012 which indicates that the company is able to pay off the creditors smoothly from the cash collected from the debtors. Working capital ratio: The working capital ratio is also known as a measurement of the liquidity of the company. The ratio measures the current assets in terms of the total current liabilities. This enables the investors to understand the liquid position of the company. The benchmark for a favorable working capital ratio is 1. Companies having a ratio of 1 are considered to be neither in a risky situation nor in a favorable situation. Billabong shows a ratio of 1.47 in 2012 which is higher than that of 2013 which is around 1.01. Hence the analysis suggests that the company is in a risky situation although the ratio is not unfavorable but the liquidity position of the company is risky (Wiehle et al. 2012). Liquidity ratios Ratios 2013 2012 Current ratio 1.016119 1.470163 Quick ratio 0.580514 0.99064 Current ratio: The current ratio is same as the working capital ratio and suggests that the companys liquidity position is at risk. The company would not be able to pay off the short term liabilities if the cash is reduced or spent in some other activities. The favorable current ratio is 2:1 and hence the ratio is lower than the favorable ratio hence the liquidity position of the company is risky. Quick ratio: The quick ratio or the acid test ratio measures the liquidity of the company by showing the ability of the company to pay off its current liabilities with the help of the quick assets which includes cash and cash equivalents. The favorable quick ratio is 1:1 and the company shows a ratio lower than the favorable ratio hence it suggests that the company is not in a favorable cash position (Kheradyar, Ibrahim Nor, 2011). Gearing ratios The capital gearing ratio focuses on the capital structure of the company. The ratio of Billabong shows the proportion of debt and the proportion of equity within the capital structure of the company (Najjar, 2013). The company has a gearing ratio lower than 25% hence Billabong is a low gearing company. Hence it can be suggested that the capital structure of the company is safe and cautious. The capital structure of Billabong comprises mainly of the long term borrowings. Since Billabong is not a mature company hence a low gearing ratio is favorable for the company. Ratios 2013 2012 Capital gearing ratio 18.98582 14.96193 Investment ratios The investment ratios measures the value that the shareholders are expected to receive from the total investment. The PE ratio measures the future performance of the company. Billabong shows a high PE ratio in 2013 which I an indicator of positive future performance. However Wiehle et al. (2012) suggested that excessive higher PE ratio may create false hope for the investors and they would anticipate higher performance and growth in future. Hence a medium PE ratio is favorable. Dividends yield ratio shows the dividend per share rate to the current share price. The current share price of Billabong for the purpose of calculation I assumed to be 30th June 2012 and 30the June 2013. Ratios 2013 2012 Price earnings ratio 422.56 233.8844 Dividend yield ratio 0.606543 0.235507 Earnings per share -154 -805 Overall assessment The analysis of the profitability and liquidity ratios shows that the company is not in a favorable financial position. The company needs to increase the merchandize sales in order to increase the profitability level. However the company has a favorable gearing ratio and a favorable accounts payable a accounts receivable ratio which shows that the working capital cycle of Billabong is favorable. Conclusion The report shows the analysis of the different ratios and helps the investors to understand the profitability of the investment made in Billabong. The report further focuses on the comparison showing that the company was more profitable in 2012 in comparison to 2013. Although the company shows a high PE ratio however the PE ratio may be misleading. References Journals Al-Qaisi, K. (2011). Predicting the Profit per Share Using Financial Ratios. AJFA, 3(1). doi:10.5296/ajfa.v3i1.1027 Garrett, S., James III, R. (2013). Financial Ratios and Perceived Household Financial Satisfaction. Journal Of Financial Therapy, 4(1). doi:10.4148/jft.v4i1.1839 Kheradyar, S., Ibrahim, I., Nor, F. (2011). Stock Return Predictability with Financial Ratios. International Journal Of Trade, Economics And Finance, 391-396. doi:10.7763/ijtef.2011.v2.137 Najjar, N. (2013). Can Financial Ratios Reliably Measure the Performance of Banks in Bahrain?. International Journal Of Economics And Finance, 5(3). doi:10.5539/ijef.v5n3p152 Wiehle, U., Diegelmann, M., Deter, H., Schomig, P., Rolf, M. (2012). 100 financial ratios. Wiesbaden: Cometis. Yap, B. (2013). The Application of Principal Component Analysis in the Selection of Industry Specific Financial Ratios. BJEMT, 3(3), 242-252. doi:10.9734/bjemt/2013/4125 Websites Billabong Annual Report 2013 (2015). Retrieved 29 January 2015, from https://Billabong Annual Report 2013 Appendices Appendix 1 Profitability Ratios Ratios Formula 2013 2012 G.P ratio Gross profit/ Net sales 0.492735 0.470034 N.P ratio Net expense/ net sales 62.49381 18.95229 Return on assets ratio Net expense/Average total assets 54.36654 12.16427 Return on capital employed Net operating loss / (Total assets - current liabilities) 2.068228 0.355936 Return on equity Net income/Shareholder's equity 1.299003 0.246109 Workings 2013 2012 Average total assets 1546306 2249917 Total assets - current liabilities 400247 1468426 Shareholders equity 647168 1112052 Appendix 2 Efficiency ratios Ratios Formula 2013 2012 Inventory turnover ratio Cost of goods sold / Average inventory 0.460875 2.384379 Total asset turnover ratio Net sales / Average total assets 0.869951 0.641837 Working capital ratio Current assets / current liabilities 1.016119 1.470163 Accounts receivable turnover ratio Revenue / average accounts receivable 5.985841 4.662756 Accounts payable turnover ratio Revenue / average accounts payable 4.800447 4.34794 Workings 2013 2012 Average inventory 1480614 320969.5 Average accounts receivable 224732 309705 Average accounts payable 280226 332129.5 Appendix 3 Liquidity ratios Ratios Formula 2013 2012 Current ratio Current assets / current liabilities 1.016119 1.470163 Quick ratio (Total current assets - Inventory - prepaid expense)/ current liabilities 0.580514 0.99064 Workings 2013 2012 Quick ratio 355562 605720 Appendix 4 Gearing ratios Ratios Formula 2013 2012 Capital gearing ratio (Long term liabilities / capital employed)*100 18.98582 14.96193 Workings 2013 2012 Capital employed (Share capital + retained earnings + long term liabilities) 1656794 1531139 Appendix 5 Investment ratios Ratios formula 2013 2012 Price earnings ratio Market value per share / earning per share 422.56 233.8844 Dividend yield ratio Cash dividends per share / market value per share 0.606543 0.235507 Earnings per share net income/ average outstanding common shares -154 -805 Workings 2013 2012 Dividend per share 0.084916 0.209602

Thursday, December 5, 2019

Initial Post Response for SCOP Model -myassignmenthelp.com

Question: What measures would you use in a business like Amazon.com to evaluate the companys performance? Answer: Amazons business model is highly depended on the supply chain management as the competitive business strategy of the organisation is to deliver the products in the least possible time to the consumers. The Same Day Delivery or the Drone Delivery are the supply chain initiatives undertaken by Amazon. In order to evaluate the companys performance, below mentioned measures can be used: Supply Chain Council SCOP Model: Cycle time metrics can be used to calculate production cycle time and cash to cash cycle The cost metrics help to evaluate cost per shipment and cost per warehouse pick (Estampe et al., 2013). The service/quality metrics to measure defective products and on-time shipment. Logistic Scoreboard: Logistics financial performance measures that measures the expenses and the return on the assets Logistics productivity measures that would calculate the number of orders shipped per hour and the transport container utilisation The logistics cycle time measure that measures the in transit and order entry time (Karim Arif-Uz-Zaman, 2013). Activity Based Costing: It is the method of breaking down the individual cost and estimating the resources including time and cost. It is based on this cost the driving costs are rather calculated. This helps in better productivity (Delen, Kuzey Uyar, 2013). Economic value added: This method can be used to rectify the traditional mean of accounting. This is used to measure the value added contribution of the enterprise along with the value of the stakeholders. With this, better recommendations on the logistic approach can be made as well. References: Delen, D., Kuzey, C., Uyar, A. (2013). Measuring firm performance using financial ratios: A decision tree approach.Expert Systems with Applications,40(10), 3970-3983. Estampe, D., Lamouri, S., Paris, J. L., Brahim-Djelloul, S. (2013). A framework for analysing supply chain performance evaluation models.International Journal of Production Economics,142(2), 247-258. Karim, A., Arif-Uz-Zaman, K. (2013). A methodology for effective implementation of lean strategies and its performance evaluation in manufacturing organizations.Business Process Management Journal,19(1), 169-196.

Thursday, November 28, 2019

Grumman X-29 By Pace Essays (419 words) - Edwards Air Force Base

Grumman X-29 By Pace I have chosen to do my book report on the book "The Grumman X-29", by Steve Pace, for a couple of reasons. I've seen the X-29 in flight at an air show and was mystified by its wing design. I asked myself how could something like that fly at all? This book shed some light on the mysteries of how the X-29 flies and performs. I am going to tell you a little about the book and the X-29, so sit back relax and enjoy the fruits of my reading labor. The X-29 is a single-engine aircraft 48.1 feet long. Its forward-swept wing has a span of 27.2 feet. Each X-29 was powered by a General Electric F404-GE-400 engine producing 16,000 pounds of thrust. Empty weight was 13,600 pounds, while takeoff weight was 17,600 pounds. The wing substructure and the basic airframe itself are aluminum and titanium. Wing trailing edge actuators controlling camber are mounted externally in streamlined fairings because of the thinness of the supercritical airfoil. The aircraft had a maximum operating altitude of 50,000 feet, a maximum speed of Mach 1.6, and a flight endurance time of approximately one hour. Overall, VFC, like the forward-swept wings, showed promise for the future of aircraft design. The X-29 did not demonstrate the overall reduction in aerodynamic drag that earlier studies had suggested, but this discovery should not be interpreted to mean that a more optimized design with forward-swept wings could not yield a reduction in drag. Overall, the X-29 program demonstrated several new technologies as well as new uses of proven technologies. These included: aero elastic tailoring to control structural divergence; use of a relatively large, close-coupled canard for longitudinal control; control of an aircraft with extreme instability while still providing good handling qualities; use of three-surface longitudinal control; use of a double-hinged trailing-edge flap at supersonic speeds; control effectiveness at high angle of attack; vortex control; and military utility of the overall design. The book was overall very informative in the sense that all terms and ideas were explained clearly and simply in order to communicate to the general public better versus someone who is educated in the aeronautics field. I highly recommend this book to someone looking for a little overall knowledge of the X-29, but if you are looking for in-depth report and analysis you should look elsewhere. Bibliography NASA Dryden Flight Research Center Document number: FS-98-04-008 DFRC Responsible NASA Official: Jenny Baer-Riedhart http://www.dfrc.nasa.gov/PAO/PAIS/HTML/FS-008-DFRC.html

Sunday, November 24, 2019

The Plural of Genus and Other Irregular Plurals

The Plural of Genus and Other Irregular Plurals A genus is a group of objects that have similar characteristics. You may be most familiar with the word genus from biology class, as it refers to the subdivision in the classification of organisms. If you want to refer to more than one genus, you can use a few forms. Both genera and genuses are correct, although genera is best for academic writing. Note: You pronounce genera as JEN - er - uh. Awkward Plurals Pluralizing words is not something you stress about when preparing to write a paper. You just add an â€Å"s† or maybe an â€Å"es,† right? Well, sometimes it is not that easy. As you write, you may come across a word that you just do not know how to make plural. There are many words that just do not fit into our standard idea of making a singular word into a plural one. These kinds of nouns are called irregular plural nouns.   Irregular plural nouns can take many forms. Some of them change just the last few letters. Some change vowels in the middle of the word. Some nouns do not even change at all. There is not an easy trick to remember most of them, you just have to learn and memorize them. Below we will look at some commonly confused plural forms of words. There are some words or phrases that can be a bit tricky as well: Attorney general to attorneys generalPasserby to passersbySister in law to sisters in lawCoat of arms to coats of arms Plurals That Take No Change Some words do not have different forms when singular or plural. For example: PantsDeerCorpsFishSheepOffspringShrimpMooseScissors Words That Add S Some words that end in â€Å"o† can either just have an â€Å"s† or an â€Å"es† added to the end: Potato to potatoesMemo to memosHero to heroesVolcano to volcanoesTomato to tomatoes Words That Take an I Next are some words that end in â€Å"i† when pluralized. These words usually come from Latin or other languages. Here are some examples that you may encounter in your writing: Syllabus becomes syllabiFungus becomes fungiNucleus becomes nucleiRadius becomes radiiAlumnus becomes alumniStimulus becomes stimuliCactus to cactiFocus to foci Words That Change Completely Then, of course, there are words that just change. Some of these are Latin or Greek based as well: Die to diceMillennium to millenniaBacterium to bacteriaCriterion to criteriaCurriculum to curriculaParenthesis to parentheses  Emphasis to emphasesThesis to thesesAppendix to appendicesAnalysis to analyses  Synopsis to synopsesGenus to generaOx to oxenHypothesis to hypotheses   Words That Replace F With V Sometimes if a word ends in â€Å"f† or an â€Å"f† sound, we replace it with a â€Å"v† before adding the â€Å"es†: Wife to wivesCalf to calvesLife to livesThief to thievesLeaf to leavesSelf to selvesKnife to knivesElf to elvesShelf to shelvesWolf to wolves Words That Change a Vowel Sound Another strange way we can change a singular word to plural is by changing the internal vowel sound. Some of these are: Man to menWoman to womenMouse to miceFoot to feetTooth to teethGoose to GeeseLouse to lice

Thursday, November 21, 2019

Ways of knowing are a check on our instinctive judgments To what Essay

Ways of knowing are a check on our instinctive judgments To what extent do you agree with this statement - Essay Example Undeniably, life comprises a series of instinctive judgements; nevertheless, the sources of these decisions have attracted attention from different scholars. Despite many theories and publications, ways of knowing are a check to our instinctive judgements as proven in the paper. Notably, different ways of knowing exists depending on various factors. Consciousness is a moral obligation to make rational choices in life regarding certain topics. It is the ability to configure internal aspects of brain to conform to the ever-changing external environment. However, the key question separating imagination from institution presents various ways of knowing that complement instinctive judgment. To start with is reason or logic. Notably, reason is a privilege of knowing in the contemporary life. It is a quality of life dated back to the 18th century and can be traced to fathers of philosophy like Plato and Socrates. Enlightenment in the ways of knowing makes reason an important aspect of life. Conceivably, the uncertainties surrounding knowledge justifies the application of reason to deduce the instinctive decisions from many perspectives. Apparently, the use of senses to make important decisions can be challenging without higher capacities to reason (Pickstone 41). Many senses deceive while others cloud people’s judgement. It, therefore, is important to find the right way to reason and rationally make the right decisions. From this perspective, reason proves to be a reliable element of knowing. Undeniably, every area of knowledge is only valid and remains rational in the presence of a reason. It is a non-contested fact that mathematics is an argument of formulas and claims, which must have proof. The summation of one and one cannot be five, three or any other number apart from two. The answer traces back to the numerical strength of knowledge that only

Wednesday, November 20, 2019

The main character Hester Prynne experiences a metamorphosis in Research Paper

The main character Hester Prynne experiences a metamorphosis in Hawthorne's The Scarlett Letter due to the act of adultery she - Research Paper Example In the case of The Scarlet Letter, the main protagonist of the story, Hester Prynne, is convicted of adultery and is chastised by the Puritan community. As punishment for her crime, she is forced to where a scarlet â€Å"A† on her chest for everyone to see. In the initial part of the novel, the identity of the father is unknown due to the fact that Hester’s husband is overseas in England; therefore he could not be the father. As a result, she refuses to reveal the identity of the true father, but is convicted of adultery. In this aspect, she is branded so that no one will associate with her due to the fact that she broke the Ten Commandments. It has the â€Å"effect of a spell† or a plague in that it causes the inability for her to associate with anyone in the town. Even travelers who come to visit the town soon learn the truth behind her sins. Because of the mark that she wears, it causes her to become isolated from the rest of the community. Therefore, she does not develop the typical relationships and social connections that would normally be experienced in Puritan society. This is due to the fact that religion is the bond, which ties the entire community together and that connection with Hester was severed when she was convicted of adultery. In this case, she creates her own world for both her and her daughter Pearl. In addition, by closing herself off to the rest of society, it protects the identity and questioning of who is the true father of Pearl. As a result, her â€Å"imprisonment† by society is used in terms as more of a social barrier, than as physical imprisonment. The aspect of her being in prison also transcended other bounds. She was not able to be with the man that she really loved. Chillingsworth tormented her about the whereabouts of her lover, and eventually set out on a vendetta to take revenge on that individual. In spite of all animosity and negative feelings toward her, she is able to maintain and create a saf e environment in which both her and Pearl can live in. Because of the animosity that Hester experiences, there are a great deal of effects of both living and emotion that she has to deal with through the course of the novel. The first main effect on Hester is dealing with Pearl. She is an extremely unruly child that Hester has a hard time controlling. Because the child was conceived out of sin and because of the eccentric and misbehavior, many of the townspeople began to regard the child as a child of hell. In this respect, many of the community attempts to take away Pearl from Hester so that she may be saved and raised in a proper Puritan manner, however the minister of the town, Authur Dimmesdale protests saying that the daughter must remain with the mother. Also, Pearl served as a walking reminder of the sin that Hester committed along with complementing the scarlet â€Å"A† on her chest. Hester lived in this political and social prison for a very long time. Not willing to divulge the other adulterer, she was condemned to living a cursed life. The inability of her to form relations with anyone inside the town as well as raise a child by herself gave her a sense of hopelessness. All of Hester’s struggles and misery is derived from the structure of the Puritan religion. They often did not tolerate those who did not worship

Monday, November 18, 2019

Nuclear Power Essay Example | Topics and Well Written Essays - 1000 words - 1

Nuclear Power - Essay Example Several countries have presented diverging views on the use of nuclear energy owing to its volatile nature. Nuclear energy is the single most powerful source of energy with the ability of powering the entire world effortlessly (Gibson 23). The discovery of the nuclear energy therefore presents both advantages and disadvantages in equal measure. During the debates, the proponents of the continued use of the nuclear energy based their argument on the ability of the energy source to single handedly replace all other sources of energy thereby saving the world economy. While their argument sounded realistic, such people failed to consider the numerous disadvantages of the use of nuclear energy. Liberal debates give both sides to a discussion thereby determining the winning side based on the number of points that each side earns. The most realistic argument therefore is the immediate abolition of any nuclear related activity. Nuclear has greater potential than any country can possibly mana ge. This therefore makes the world unsafe; some of the arguments to this effect are below. The ongoing debate globally is the climatic change and the effects of global warming. All these are results of pollution of the atmosphere arising from the increasing use of fossil energy that produce a lot of carbon monoxide, a poisonous gas that reacts extensively with the ozone layer thereby depleting it. The invention of the nuclear energy therefore presents an opportunity of overturning the events preceding the depletion of the ozone layer possibly resulting in a safer and more stable world. The fact that the world consumes billions of gallons of petroleum products daily equals the extensive nature of the pollution of the environment thereby making the world increasingly unsafe. Several international environmental bodies such as the Kyoto protocol have tried convincing different countries to emit more carbon monoxide gasses into the environment. A debate that the developed countries such as the United States of America, Japan and China strongly oppose owing to the fact that such policies may hamper their economies. Nuclear energy is clean and renewable implying that it is not possibly exhaustible. It is therefore the only single source energy capable of sustaining the world’s economies while still maintaining the clean healthy environment. Despite the evident advantages of the use of nuclear energy, its use still requires extensive regulation even possible abolition. The widespread lack of trust makes no country safe enough to use nuclear energy. Nuclear is highly unstable yet with great potential, this implies that it requires greater capital for installation and maintenance in order to develop a safer environment for its effective use. Exposure of the nuclear elements in the environment results in immediate reaction to the elements in the environment thereby resulting in mass destruction and loss of lives. Japan, which is the most developed country in the e astern bloc, had all the financial resources to safeguard the use of nuclear as a source of energy (Adams 12). The country took every precaution including the development of an underground laboratory from where the volatile they handled the instable substance. However, the country did not consider the possibility of a natural disaster such as an earthquake. The earthquake that shook the ocean bed therefore broke the tanks in which they

Friday, November 15, 2019

How has management theory advanced over the past hundred years

How has management theory advanced over the past hundred years Are the structures and ideas of management theorists of the past still analogous to the work done by modern managers of today? Management theorists of the past have labeled three clear categories to help define the job description of a manager. These are management functions, roles and skills, which were identified as being highly influential to the success of the manager, defined as someone whose primary responsibility is to carry out the management process. This essay looks at the work of three management theorists, Henri Fayol, Robert Katz and Henry Mintzberg and how their work compares to todays modern day managers. Henri Fayol, a French industrialist, believed that management could be taught and was therefore always looking on improving the quality of management. In 1916 he wrote the book administration industrielle et gà ©nà ©rale which presented his views on the proper management of organisations and the people within them. This is known as administrative management, which is a style of management that focuses on managing the total organisation. Fayol believed that there were five management functions in which a manager must employ on his business to achieve success. These five functions were planning, organising, commanding, co-ordination and controlling. This is the functional view of management as it is on a day-to-day level. It describes the functions that a manager must carry out on a daily basis, which Fayol realised when working as a successful managing director of a mining company. He saw there was a need for managers to be trained due to the increasing complexity and growth of orga nisations over the world. The Planning function looks at the managers ability to look ahead, taking into account the operating environment, forecasting what is possible and provide direction for the firms employees. Secondly the organising function is a key management function that is defined as the process of assigning tasks, allocating resources and arranging activities to implement plans. Managers have to group and deploy resources, either human resources such as employees or equipment resources such as machines, in the best possible way to achieve the goals of the organisation. Thirdly Fayol identified was for a manager to command, which is to lead, select and evaluate to get the best work towards the plan. Managers are required to do these tasks as it helps them to achieve the task that they had planned. The fourth function Henri Fayol identified was coordination, which is to fit diverse efforts together and ensure information is shared and problems are solved. Finally, Fayol i dentified the fifth aspect of management functions as controlling, which is the process of measuring performance and taking action to ensure desired results. The manager has to ensure that the functions of planning, leading and organising take place in such a way hat they are controlled through timely, accurate and valid feedback based on a transparent measurement strategy. Fayols management functions are focused on the key relationships between a businesses personnel and its management. Harvard Scholar Robert Katz classified three essential skills for managers of a firm, technical skills, human skills and conceptual skills. Technical skills is the ability to use a special proficiency or expertise in you work, for example skills learnt through a formal education such as University or TAFE and then further development through on the job training. These skills are very important in low-level management where the manager is still hands on in the business. Human Skills is the ability to work well in cooperation with other people, this is highly important at all levels of management as it shows a spirit of trust, enthusiasm and involvement in interpersonal relationships. An important concept of human skills is emotional intelligence, which is the ability to manage ourselves and our relationships effectively which Katz identified as influential to a firms success due to the high interpersonal nature of business. Finally, there are Conceptual skills, which is the ability t o think analytically and solve complex problems. Katz identified this skill as part of the three essential skills of managers as all good managers have the ability to view situations broadly and to solve problems to the benefit of everyone else. Managers with conceptual skills have the ability to break down problems into smaller parts, which is important for top level managers but is relatively unimportant for low lever managers. Katzs three essential skills of management are a requirement for business that want to be success in modern day society. Management theorist Henry Mintzberg in his book the nature of managerial work (Mintzberg, H 1973, The nature of management, New York) written in 1973 offers an observation of corporate chief executives. He says there was no break in the pace of activity during office hours. The mailà ¢Ã¢â€š ¬Ã‚ ¦ telephone callsà ¢Ã¢â€š ¬Ã‚ ¦ and meetingsà ¢Ã¢â€š ¬Ã‚ ¦ accounted for almost every minute from the moment these executives entered their offices in the morning until they departed in the evenings (Mintzberg, H 1973, The nature of management, New York). In todays modern era of technology this would add email to the list of preoccupations a manager deals with on a daily basis. Mintzberg had realised the importance of how a manager uses his controlling powers and he recognised three important managerial roles in which a manager must successfully perform in order for the manager to be able to run the business at its most efficient level. The three roles in which Mintzberg recognized were int erpersonal, informational and decisional roles which can be further split into ten more specific roles. Interpersonal roles are how a manager interacts with other people, both within the business like employees and external to the firm like customers. Interpersonal roles for managers can be further separated into whether the manager is a figurehead, leader or liason in the firm. Informational roles are how a manager exchanges and processes information which the managers role is then to either monitor, disseminator and spokesperson for the firm. Finally, decisional roles which is how a manager uses information in decision making and the managers role is then to be an entrepreneur, disturbance handler, resource allocator or negotiator depending on the scenarios at hand for the manager. The roles of management are all interconnected and all managers must be prepared to perform the in order to see the best from their business. These management theorists however wrote their management functions, roles and skills in the 20th century, so are they still relevant in our 21st century business environment? An internal endeavor made by Google, the worlds largest search engine, looked at what the eight most important traits for a manager to have to be successful. The use of the article 8 traits of stellar managers, defined by googlers, written by Judith Aquino helps to link the management theories of Henri Fayol, Robert Katz and Henry Mintzberg to modern day managers of the 21st century. The article, written on the 15 of March 2011, brings a modern day link to the management theorists of the 20th century. The importance of managers having technical skills in the workplace is seen by its inclusion in the 8 traits of stellar management. It is important for managers to have these skills as they then have the ability to understand the different challenges and help their employees solve the problems that they are facing. This important trait for managers is linked to Robert Katzs management skills. Katz believed that one of his three essential skills for managers were that they had technical skills. This is seen as an important trait for managers of the 21st century as employees want to be managed by someone who knows what they are doing and is able to give them advice on how to solve the various problems that they are likely to face in the day to day life of the business. With the survey showing that Katzs technical skills are still an important trait which is admired in the business workplace makes me wonder whether the three management theorists, Robert Katz, Henri Fayol and Henry Mintz bergs work is still relevant in a 21st century business context. Former CEO of General Electric, Jack Welch said good business leaders create a vision, articulate the vision, passionately own the vision and relentlessly drive it in competition. Google employees have recognised the importance of the business and its manager having a clearly outlined vision and a strategy for the employees. The manager is required to lead the employees by keeping all staff involved and working towards the teams common goals and business vision. When looking at the management theorists of the 20th century we can see that they all have their opinions on a businesses vision and strategy. Henry Mintzbergs leadership principle is related to the ways in which the firm looks to achieve its vision. Without a manager who is willing to lead his employees they will lack direction in their work, increasing the chance of mistakes being made by misled employees or the firm moving away from its corporate vision. Henri Fayols planning function is also related more to the firms busi ness strategy than the vision as it looks at how the business will enter its business strategy into the business environment to help reach its vision. These two theories are still relevant in todays business environment as shown by their relevance to a managers ability to have a clear vision and strategy. Career development is an important aspect of a managers roles when running the business as employees want to feel like their efforts are being noticed and that their hard work is furthering their careers. A good manager is a man who isnt worried about his own career but rather the careers of those who work for him. Managers should make it known to their employees that they are a valued member of the business and that the work the employees do for the firm will pay of with promotions and pay rises in the future. Helping employees is linked to the management theories of Mintzberg and Fayol as it is both a role and a function that the manager must undertake in order to successfully manager their employees. The fifth most important trait recognised by Google employees was the ability for their managers tot be good communicators and willing to listen to ideas from all employees. It is important for managers to listen to others as well as sharing their opinion as then the opinions and concerns of your employees are heard and can be looked at more closely by the manager. Henri Fayols commanding function shows the importance of being a good communicator and listener for managers as the function requires them to lead, select and evaluate the workers to get the best out of them. This function recognises the importance of employees ideas in the success of the business and the manager therefore needs to evaluate proposed ideas to get the best from the team. American businessman Lee Iacocca said on communication you can have brilliant ideas, but if you cant get them across, your ideas wont get you anywhere (Croce and Lyon 2004, p.69). Henry Mintzbergs interpersonal roles are the managers respons ibility when dealing with employees and their ideas. Robert Katz provides two management skills on the communication with employees and their ideas. Google recognising the importance of communication in the organisation as one of the three essential skills a manager must have to be successful shows Katzs theory of interpersonal skills. Katz also provides a more precise skill in which managers should have, this being communication skills, defined as the ability both to convey ideas and information to others effectively and to be receptive to ideas and information from others. This skill that Katz states as being important to managerial success is what Google employees hold in high regard from their managers as shown by its inclusion in the 8 traits of a stellar manager. Henry Mintzbergs informational roles, which is the processing of information, is recognised in Googles survey where they admire managers who are productive and results orientated. Mintzbergs informational role accepts the need for managers to focus on helping the team achieve its goals by prioritizing work and removing obstacles. Robert Katzs decision-making skills, defined as the ability to recognise and define problems and opportunities correctly then to select an appropriate course of action to solve problems and capatilise on opportunities, shows that his theory looks at how the business can be more productive and achieve their results through eliminating any problems and taking advantage of any opportunities the firm may encounter. Employees feeling that they belong as an important part of the business success is one of the key tasks a manager must undertake when running the firm. Ensuring that new employees feel welcome and get to know your employees. Robert Katzs interpersonal skills are linked to this trait recognised by Google employees as it involves the relationships between employees and managers, both working and outside of work relationships, to make the employee feel a part of the team. Henri Fayols Controlling function is also interrelated with taking interest in your team members success and well-being as managers need to make sure everything happens according to plan, with corrective action in place. Fayol however has a more minor point in the controlling function, which is feedback, and this shows the employees that their input is important and taken into consideration when they offer ideas to the managers of the firm. At number two, Google employees decided that a managers ability to empower your employees and to not micromanage was a trait that they respected in their managers. Giving employees the space to tackle problems on their own but still be there for advice is something that employees admired as it provides them with a feeling of responsibility and importance in the firm. Katzs time management skills is important when not micro-managing as the ability for the manager to delegate work to his staff and then empower them to complete these on their own. Mintzbergs decisional role is also important for managers as it involves how they allocate their resources (employees) to job certain jobs that are required. Finally Fayols Organising function is important as the manager is required to provide and mobalise resources, which can be human resources such as employees, to implement the plan. The most important trait in stellar managers defined by a survey done by Google says that being a good coach is what they admire most in a manager. A manager who can provide specific feedback through regular one-on-one meetings with employees, as well as offering solutions that are tailored to each employees strengths. John Wooden said, make sure that team members know they are working with you, not for you. Relationships are the best way for employees to feel as though they are on an equal level to manager, which is therefore why Henry Mintzbergs interpersonal roles theory is highly important to becoming a successful manager. Robert Katzs interpersonal skills are also applicable to being a good coach, as they are required to communicate with, understand and motivate both individuals and groups. These two management theories along with communication skills are the most influential management theories in being a good coach to their employees. The work of management theorists of the past is still admired and applicable to modern managers in the 21st century. Googles survey shows a list of the most important traits seen in a manager in the 21st century, and I have shown that there are many links that can be drawn between the work of management theorists Robert Katz, Henry Mintzberg and Henri Fayol and modern day managers of the 21st century.

Wednesday, November 13, 2019

Magazine Article Summaries :: essays research papers

Magazine Article Summaries JOURNAL #1-- INC. THE MAGAZINE FOR GROWING COMPANIES May 1994. Publisher: James J. Spanfeller, 488 Madison Ave., 6th Floor New York, NY 10022 (212) 326-2600 Audience Statement: Inc. speaks directly to the entrepreneur, sole-proprietor, small business partnerships. Advertising: There were several advertisements including investing, retirement, tax accounting, computer companies and small businesses. Summary:   Ã‚  Ã‚  Ã‚  Ã‚  Inc., The Magazine for Growing Companies speaks to a specific audience (see audience statement). Some interesting articles were about the role of non-profit organizations within the business community, how to maximize return on an investment, how to effectively hire good employees, quite a lot about planning and preparing a retirement portfolio and shrewd long term investing.   Ã‚  Ã‚  Ã‚  Ã‚  The article titled â€Å"Managing Autonomy† is the focus of my summary, I also mention later another article I found interesting. This article spoke about managerial styles: how and what works well when deciding policy for your employees. Some CEO’s would say that your primary duty as a manager is to participate in managerial styles that encourage group problem solving. You have to continue tapping the collective wisdom of your employees. But you can’t empower employees without holding them responsible and accountable for their actions. These are the most important ideas presented in the article but they go on to discuss some other topics such as marketing strategies and computer technology. You have to focus on a particular market area and remember that quality is the single most important factor. Another good question they ask is, What can a growing direct seller do to reduce its chances of being ripped off by customers? I think the most important point they bring out here is to concentrate on the front end, that is to remove the undesirable customers. Along with credit checks and the usual business safety precautions.   Ã‚  Ã‚  Ã‚  Ã‚  Another article about non-profit organizations spoke volumes about the need to explore and how to give responsibly and effectively. Businesses can donate money or services to a charity and use that for a tax credit or write-off. The tax benefits were hammered on quite a bit. Wanting to do the right thing may be one of the impulses for giving, but soon it needs to be replaced with a more durable strategy. The relationship between private business and charity organizations has a long and complex history. Private foundations are excellent places to find out about how giving can be done effectively. These are some of the typical topics you will find when you pick up a copy of INC.

Sunday, November 10, 2019

Book of night women

The â€Å"Book of Night Women† by Marlon James is an incredibly authentic-feeling novel that brings into play many deep issues for being a piece of fiction. I found this book to be a real page-turner that helped, among other things, to widen my understanding of the institution of slavery in the West Indies as well as the dynamics of the relationships between the slave and master. It is this often confusing relationship that I wish to further explore in this paper.In the story our main character, Lilith, ends up developing feelings for her master, an Irishman named Robert Quinn. The character Quinn is a white slave owner that eems to understand that the institution of slavery is an evil one, but does not know what to do about it, so he goes on with life the way it is. It is hard to hate him, but it's hard to like him as well. Being an Irishman, he is lower on the social hierarchy put in place by the slave owning community, and because of this he searches for pity and tries to r elate to Lilith, his slave.He compares their lives and social standings, which to me seems almost ridiculous, but to him is a completely legitimate understanding. He does treat Lilith with a certain respect that no other slave owners in the story ives to her. One example that stands out in my mind is the matter of their sexual relationship being more tender and loving than the usual â€Å"animalistic† approach that many of the other masters take out on the slave women. â€Å"No, fucking.No, rutting like animals, like the animal all white man think black woman be. But he say something when he coming and he hold on to her so weak, like she be the master and is all he can do to hold on. † However, Robert Quinn and Lilith are still clearly not equal to one another in the way that Quinn so desperatly tries to convey to her. I feel that the time period placed on this story plays a significant role in Robert Quinn's treatment of Lilith as a woman.At first glance, even if he i s a bit more kind to her, such as insisting that Lilith sit and eat with him while she stands in the corner just watching (something she is accostomed to), and telling her that he wishes to teach her how to ride a horse; he is still incredibly demanding of her. He still tells her that he â€Å"expects a hearty meal† when he returns home late, and that she should clean his home, etc. But keeping this in context, this is how the average woman ould have been treated at the time.Robert Quinn is treating her much more like they are in the average relationship based gender roles of the time, and much less like the usual master and slave relationship. This was a somewhat confusing aspect of the text, that unless put into the perspective time, could be completely missed. It is apparent though, that Robert Quinn wants Lilith to feel this connection between the two of them. He wants her to feel as if she is a free woman when she is with him, so much so that he almost forces this upon h er. As if demanding her to be free woman when in his company, which is redicoulous and hypacritical.In conclussion, Marlon James does a great Job at unfolding this relationship to his readers in a way that touches many aspects of the gender and class roles of the time. It is my opinion that no matter how much Lilith wanted to hate her master, Robert Quinn, she could not simply because of his often soft treatment of her; even if he was them. No matter how misguided the opinions of Robert Quinn may seem, he truely beleived what he infered about his low social standings and the resulting connections he made with Lilith.

Friday, November 8, 2019

Free Essays on Fitzgerald And The Great Gatsby

Fitzgerald and The Great Gatsby. The connections between Francis Scott Key Fitzgerald and his literary work, The Great Gatsby, are very distinct. In one of Fitzgerald’s most accomplished works, The Great Gatsby, he almost completely gives an analysis of his personal life. The Great Gatsby embodies much of Fitzgerald’s own life experiences. The Great Gatsby parallels settings, characters, and even specific events of Fitzgerald’s life. First, Fitzgerald’s choice in settings for his literary work The Great Gatsby was influenced greatly by his own observations. The time setting for The Great Gatsby is set during the Jazz Age (the nineteen twenties) also known as the Roaring Twenties. Hudson Gevaert, author of The Great Gatsby: A Beginner’s Guide, states that the twenties were called the Roaring Twenties because the economy was through the roof and people were at a perpetual state of partying. Moreover, there was a sudden rise in newfound materialism where individuals would spend and consume at unprecedented levels (SparkNotes 13). In The Great Gatsby, Jay Gatsby entertained luxurious parties open to the public (Anderson #). Gatsby’s parties would last from sunset to sunrise. Gatsby’s quests would range from politicians to movie stars. When Gatsby entertained these extravagant parties he would spend an extreme amount of money. Furthermore, Gatsby held these lavish parties in hopes to attract Daisy. Fitzgerald, like Jay Gatsby, also entertained parties. Fitzgerald’s parties were also very excessive. Fitzgerald’s parties where not as accessible as Gatsby’s parties; however, they were still luxurious. Parties and alcoholic bouts were quiet common after the birth of Fitzgerald’s daughter (Gotterba). Moreover, Fitzgerald lived a luxurious lifestyle in order to please his wife Zelda (Meyer 66). In The Great Gatsby, Fitzgerald also exemplifies his obsession with obtaining a high social status. Jay Ga... Free Essays on Fitzgerald And The Great Gatsby Free Essays on Fitzgerald And The Great Gatsby Fitzgerald and The Great Gatsby. The connections between Francis Scott Key Fitzgerald and his literary work, The Great Gatsby, are very distinct. In one of Fitzgerald’s most accomplished works, The Great Gatsby, he almost completely gives an analysis of his personal life. The Great Gatsby embodies much of Fitzgerald’s own life experiences. The Great Gatsby parallels settings, characters, and even specific events of Fitzgerald’s life. First, Fitzgerald’s choice in settings for his literary work The Great Gatsby was influenced greatly by his own observations. The time setting for The Great Gatsby is set during the Jazz Age (the nineteen twenties) also known as the Roaring Twenties. Hudson Gevaert, author of The Great Gatsby: A Beginner’s Guide, states that the twenties were called the Roaring Twenties because the economy was through the roof and people were at a perpetual state of partying. Moreover, there was a sudden rise in newfound materialism where individuals would spend and consume at unprecedented levels (SparkNotes 13). In The Great Gatsby, Jay Gatsby entertained luxurious parties open to the public (Anderson #). Gatsby’s parties would last from sunset to sunrise. Gatsby’s quests would range from politicians to movie stars. When Gatsby entertained these extravagant parties he would spend an extreme amount of money. Furthermore, Gatsby held these lavish parties in hopes to attract Daisy. Fitzgerald, like Jay Gatsby, also entertained parties. Fitzgerald’s parties were also very excessive. Fitzgerald’s parties where not as accessible as Gatsby’s parties; however, they were still luxurious. Parties and alcoholic bouts were quiet common after the birth of Fitzgerald’s daughter (Gotterba). Moreover, Fitzgerald lived a luxurious lifestyle in order to please his wife Zelda (Meyer 66). In The Great Gatsby, Fitzgerald also exemplifies his obsession with obtaining a high social status. Jay Ga...

Wednesday, November 6, 2019

Five Obfuscating Business Verbs

Five Obfuscating Business Verbs Five Obfuscating Business Verbs Five Obfuscating Business Verbs By Maeve Maddox I’ve just learned five new business verbs: onboard, level-set, operationalize, descope, and action-plan. One meaning of to onboard is â€Å"to train new employees.† The expression is so common that many professional sites actually use the labels Onboard and Onboarding in their menus to direct new employees to relevant information. Most of the time, the expression seems to refer to employee training, but it is also used with the meaning â€Å"to recruit supporters.† Here are some examples: The Top 5 Must Do’s to Effectively Onboard Your New Employees Our organisations need us to onboard new hires efficiently, and in the shortest time frame possible. How to acquire and onboard new supporters using online channels. How does your organization  onboard  new  donors? As a business term, to level-set means to make sure that people who will be working together all have the same information about the work. Here are some examples:   Once  your team  has been established and practices are under way, you need to  level set your team  accurately. Your  entire  team  needs to be at a certain level of capability, and the Aurora illumine packages let you  level-set your team.   So this is the time to use the review process to  level-set your employees  on the current environment. The verb to operationalize seems to mean â€Å"to do,† or â€Å"to put into practice.† Here are examples: In general, the more abstract the idea, the harder it is to  operationalize. [The speaker] will  be presenting a webinar on â€Å"Tools to  Operationalize the New  Dining Practice Standards.† When it comes to China, we seek to operationalize a new model of major power relations.   The term to descope means â€Å"to modify or abandon a project in order to save money.† In the last example below, the meaning seems to be â€Å"demolished.† (Descope is also used as a noun.) Here are examples: As a mission enters the planning and construction phase, it often becomes clear that the initial estimates were optimistic and the cost cap constraint will bind. In this case, the IC maydescope the mission by reducing the mission’s goals. Ka and S-bands were under consideration for  descope last year, but we now  plan  to proceed with their full production. The wooden structures on the airfield are being descoped to make way for more efficient structures. The verb to action-plan seems to have the same meaning as plain old to plan, but it’s more mouth filling. Here’s a definition of plan: plan (verb): to arrange in advance; to set down the details of how to proceed with a project. Here are examples of action plan used as a verb:   If a decision is made by the mentoring team that a student is failing, the next step is to action plan the elements of the student’s practice that require attention. Use constructive feedback  to action plan the  transfer of skills and knowledge acquired into the workplace Students are asked to action plan a campaign on an issue of their choice. If your intention is to impress your listeners or to obfuscate your meaning, these five words are excellent choices. If your purpose is to be understood, you may wish to consider some simpler alternatives. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Business Writing category, check our popular posts, or choose a related post below:The Meaning of "To a T"225 Foreign Phrases to Inspire YouHow to Address Your Elders, Your Doctor, Young Children... and Your CEO

Monday, November 4, 2019

Human Rights Research Paper Example | Topics and Well Written Essays - 4500 words

Human Rights - Research Paper Example The constitutional right of liberty as an executive power in the UK carries the foundation of offering security and protection of freedom. This is expressed through The National Council for Civil Liberties, specifically which promotes human rights while creating better understanding of the liberties that are required in the UK. The committee that has been created in the UK is based on the Public Bodies Bill, which states that there is a fundamental right of every citizen to have liberty and protection of this liberty. The Bill that has been passed combines this with the fundamental right of every individual to have liberty and equal rights in any given circumstance, specifically which is supposed to comply with human rights standards that are within the UK . The protection of liberty that is now rising in the UK is one which questions the executive powers and the expectations of the new problems within society. The opposing viewpoints which are arising with the Constitutional right, expectations of basic human standards and the creation of the Public Bodies Bill has also created questions of what the limitations of power should be . The main conflict is based on the differences between security and liberty as well as liberty that oppose equality. The security measures which arise often create a sense of protection of human rights that comes from avoiding conflict and creating security measures for better monitoring of different public areas. However, there are many that believe this takes away freedom and liberty, specifically pertaining to privacy and the ability for individuals to have a sense of freedom while in society. The ideology of security is then one which arises because of the belief that executive powers to watch others takes away the sense of liberty and freedom3. The ideology of limited protection because of security and equality within the UK is followed by executive powers which show how protection of liberty becomes conflicting. Currently, the UK has a separation of powers by the powers of the Constitution, executive office forces, executive tools and agreements, legislation which supports different changes and marginalized actions of the legislative and judicial branches of the government. These five separations of powers also create conflicts with the main provisions of liberty and what this means when dividing the power among different sources. The question of balancing power with the different definitions of liberty, combined with the new needs in society, then combine with a sense of imbalance for the protection of liberty4. Even though there are divisions of power and expectations with security and human rights, there are still ways in which the protection of liberty works against the executi ve powers as a general constitutional right in the UK. The Constitutional culture is one of the aspects which continue to protect rights. If there is a high amount of security or different powers that create a different definition of liberty, then one can guarantee Constitutional rights toward the right of liberty5. The main values and principles which are associated with liberty can then be applied. A conflict which arises is based on the

Friday, November 1, 2019

Fashion - critical and cultural studies Essay Example | Topics and Well Written Essays - 3000 words

Fashion - critical and cultural studies - Essay Example The essay "Fashion - critical and cultural studies" concerns the feminine fashion. The durability and versatility of the corset as a defining garment is almost as astonishing as its continuing appeal. Even after it lost its widespread popularity, the continued use of the corset in Hollywood depictions of the feminine preserved its use, established its historic connotations and illustrated how it symbolized something larger than itself. Contemporary fashion has given the corset a new lease on life as women continue to turn to this garment as a means of identification within the modern world. Although the corset has traditionally been viewed as a symbol of female submission, any intrinsic meaning is subject to wide interpretation. â€Å"What the immediate meaning usually comes from is available imagery, past or present, the suggestive pictures that have pervaded public consciousness and are loaded with shared associations†. The tight-lacing of the 17th and 18th centuries indicat e the degree to which the corset was considered a means of female sexual expression and define ideas of female beauty. Understanding how the corset has been used in Hollywood, revitalized in cult fashions and re-introduced in high fashion illustrates how it can operate to convey female submission and aggressive sexuality depending upon the internal and external factors at play in its design and use within modern fashion. Hollywood and the big name movie producers have employed the corset in any number of ways from the beginning of the industry. The corset was already used in everyday dress when ‘Hollywood’ emerged and it was already a strategic garment in Vaudeville and Broadway. Even then, women craved the fashions they saw on stage depending upon the persona of the actress and the intentions of the wearer. Broadway and Vaudeville star Anna Held is the first great example of the corset as a defining garment of the female character. Most of her fame was not attributed t o her singing voice, but rather to â€Å"her rolling eyes, eighteen inch waist and naughty songs†. As is shown in Figure 1, Held continued the practice of tight-lacing in order to portray an enticing, sexually appealing woman with a tiny waist and accented upper features.

Wednesday, October 30, 2019

Sales management Essay Example | Topics and Well Written Essays - 1500 words

Sales management - Essay Example Before the sales representatives go to the field, they have to acknowledge the approaches they can use to deal with different consumers. The electronic business should invest in regular training to make the workers familiar with the products offered by the company. Training is also vital because it enables the sales representatives to acknowledge the sales policies and processes. Some consumers are very rude. Consequently, failure to handle them makes sales representative appear rude. This may result into poor relationship between customers and worker. Moreover, it can make the firm to lose many consumers leading to low sales. The sales representatives should be trained on how to ignore rude customers. For example, customers may complain about things that do not involve the sales persons such as business policy or the prices of items. Workers should let the customers complain without responding to their complaints and express their regrets for any inconvenience later. Workers should receive sufficient training on approaches to address the polite customers to maintain good relationships with such customers (Overell 2003). Managers should equally stimulate consumers to be cooperative and committed to their work. They should set strategies for motivating the workers after seeking their opinions. Some of the common ways of inspiring the workers entail compensating and rewarding them. Managers should reward the workers by recognizing their efforts. This may entail praising them before other sales representatives or increasing their pay. Moreover, the managers should compensate the sales representatives who work extra time. For instance, some customers may set appointment times that are outside the usual working hours. Such workers who work beyond the working hours should be compensated by increasing their pay or other forms of compensation. Praising the workers and compensating them will increase the level of commitment and cooperation in the work places. Additional ly, the motivated workers will stop missing the scheduled appointments (Susan 2004 13). The managers need to create and maintain good relationships with the sales representatives. The relationship between workers and their leaders in the work places determines the communication between customers and workers. Good relationship may be created by involving the sales representatives in the decision-making process. This will make the personnel feel appreciated and contented consequently enhancing their productivity. The managers should also treat the sales representatives with courtesy and always acknowledge their presence and contribution. The managers should also comment on the work in private whenever it needs improvement (Garg & Rastogi 2006 577). Question 2 Globalised trade, high foreign investment and increase in cross-border transactions are putting a lot of pressure on businesses. This has forced businesses to devise innovative measures to allow them continue marketing their prod ucts and services. These measures include maintaining good and close relationship between the business and customers. This is difficult in the competitive environment because customers demand more choices than before. Consequently, for a business to meet customer demands and improve loyalty, it needs to access accurate and current customer information. This is possible with the application of the internet that is an ultimate communication tool. Using the internet can support businesses in maintaining customer loyalty because

Monday, October 28, 2019

Enzyme Catalysis Essay Example for Free

Enzyme Catalysis Essay Enzymes catalyze nearly all biochemical reactions in living cells (Hein, Best, Pattison, and Arena, 2005). As a catalyst, they regulate the chemical reactions by lowering the needed activation energy (Sackheim and Lehman, 1998). Catalysts facilitate chemical reaction but are not consumed, thus, can be used all over again. This function of enzymes is directly dependent on their three-dimensional structures and on the variables that affect their stereochemistry. It was believed that all enzymes are protein in nature but several findings showed that certain ribonucleic acids (RNAs) have enzymatic function (Hein et. al. , 2005). A typical organism has a thousand of biological simple or conjugated enzymes. A simple enzyme is made up of amino acid units while a conjugated one has both protein and non-protein parts that are called apoenzyme and coenzyme respectively (Hein et. al. , 2005). The substrate or substance by which the enzyme will act upon binds at the enzyme’s active site. This active site is about 1-5% of the total surface area of the enzyme (Hein et. al. , 2005). Catalysis follows that is usually describe as formation of enzyme (E) and substrate (S) complex, then, E-S complex decomposes to yield the product and the enzyme. Enzyme-catalyzed reactions are affected by several factors. This may be due to the variables effect on the stereochemistry of the enzyme and kinetics consideration. For instance, temperature affects the rate of all chemical reactions. The higher the temperature, the faster the chemical reaction takes place. However, enzymes coagulate in higher temperatures while lower temperatures results to low reaction rate. Thus, a particular enzyme best functions at its optimum temperature (Sacheim and Lehman, 1998). Concentration on the other hand, favors faster rate of chemical reaction. An increase in substrate concentration, hence, leads to a faster reaction until to the point wherein the enzyme is saturated by substrate. Moreover, every enzyme has an optimum pH range where it can function best (Sackheim and Lehman, 1998). Slight pH changes affect the polarity of the amino acid backbone of the enzyme resulting to changes in its catalytic function. In this simulation experiment, the catalytic capability of a hypothetical enzyme at different environmental conditions was investigated. The effect of temperature, pH, and substrate concentration on its optimal catalytic function were taken into consideration. In addition, the optimal temperature and optimal pH of the hypothetical enzyme were also determined. Moreover, the relationship between the enzyme concentration and the reaction rate was also explored. Procedure The spectrophotometer equipment was used in the simulation experiment in order to measure the amount of the product formed by the enzymatic reaction. The spectrophotometer is equipped with wavelength of light adjustment within 300-700 nanometre range, and percent transmittance (T) or absorption (A) of light by the sample. In addition, six different substrates labeled from A to F and six different enzymes also labeled from A to F were provided. The wavelength setting for each substrate was indicated on the vial and the clock above the substrate vials were used in setting the wavelength selector and in taking the time of the reaction respectively. Temperature, pH scale, a pipette, and a cleaning button were also made available. The substrate A and the enzyme A were used all throughout the simulation experiment. Optimal PH Five milliliter of enzyme A was added to 25 mL of substrate A and the spectrophotometer was set at 430 nanometer wavelength. This was done for every sample for 2, 4, 6, 8, and 10 pH values. The absorption for each sample was measured within one minute and 25Â ° temperature. Then, the graphical representation of data was made by plotting pH values against absorption values. Optimal Temperature Five millilitre of enzyme A was added to 25 mL of substrate A. This was done for 10Â °, 20Â °, 30Â °, 40Â °, 50Â °, 60Â °, 70Â °, and 80Â ° temperature values. The spectrophotometer was set at 430 nanometre wavelength and each sample was maintained with pH 8 value. Also, one minute absorption reading was allotted for every sample. Then, the temperature values were plotted against absorption values. Reaction Rate At this part of the simulation experiment, two mixtures of substrate A were prepared. The first sample was prepared by adding 5 mL of enzyme A into 25 mL of substrate A while the other sample was made by adding 25 mL of subtrate A with 15 mL of enzyme A. The spectrophotometer was set at 430 nanometre wavelength and the absorption reading for each sample was done for every 10 seconds within 2 minutes. The pH of each sample was maintained at pH 8 value. Finally, the graphical representation of time and absorption was made for each sample.

Saturday, October 26, 2019

The Power Of Knowledge :: essays research papers

A person’s feeling can be depicted by the way he or she draws their pictures. Superiority and inferiority can be shown by the way the artist makes a person or ship larger or smaller than another person or ship. This is shown in the Spanish picture where the French ships are on the coast of America. The French ships are small and the Native Americans appear to be larger. In another picture it shows a tribe of Native Americans gathered around each other in a village. The first picture shows the Spaniards belief that the French are inferior to the Native Americans and themselves. They depict this by drawing the Native Americans much larger than the French people and even their ships. The power of the Spaniards is proven when they combine forces with the Native Americans to annihilate the French in Florida. The Europeans believed power was about conquering people. They conquered people in the name of God and Christianity. If they could not convert them they would destroy them. Their only knowledge was of God and what he wanted them to do. The Native Americans believed power was in the tribe. The picture of the Native Americans showed how they all come together. They thought a close –knit society was the best way of life. They created villages where people lived close to each other. They had a number of different occupational groups in their society. The Native Americans knew how to use the land far better than the Europeans. The Native’s farmland was located around the village. That also showed the how tight their bonds were. Because they all worked together on the farm and all took home some of the profit. On the other hand, the Europeans tended to keep a distance from each other. They had no sense of community. They did this because they wanted more land to farm. The more land they farmed the more money they could make. The Europeans had no real idea of who their neighbors were they lived in isolation. The main difference is the The Power Of Knowledge :: essays research papers A person’s feeling can be depicted by the way he or she draws their pictures. Superiority and inferiority can be shown by the way the artist makes a person or ship larger or smaller than another person or ship. This is shown in the Spanish picture where the French ships are on the coast of America. The French ships are small and the Native Americans appear to be larger. In another picture it shows a tribe of Native Americans gathered around each other in a village. The first picture shows the Spaniards belief that the French are inferior to the Native Americans and themselves. They depict this by drawing the Native Americans much larger than the French people and even their ships. The power of the Spaniards is proven when they combine forces with the Native Americans to annihilate the French in Florida. The Europeans believed power was about conquering people. They conquered people in the name of God and Christianity. If they could not convert them they would destroy them. Their only knowledge was of God and what he wanted them to do. The Native Americans believed power was in the tribe. The picture of the Native Americans showed how they all come together. They thought a close –knit society was the best way of life. They created villages where people lived close to each other. They had a number of different occupational groups in their society. The Native Americans knew how to use the land far better than the Europeans. The Native’s farmland was located around the village. That also showed the how tight their bonds were. Because they all worked together on the farm and all took home some of the profit. On the other hand, the Europeans tended to keep a distance from each other. They had no sense of community. They did this because they wanted more land to farm. The more land they farmed the more money they could make. The Europeans had no real idea of who their neighbors were they lived in isolation. The main difference is the

Thursday, October 24, 2019

Baptism :: essays research papers

Baptism is a religious ritual that some people choose to practice. Baptism is a belief that once done you start a new spiritual life. There ways to perform this ritual, which is considered sacred among the people that follow the religion of Christianity. Baptism has three processes. The first process is preparation. The second process is performing the Baptism. The last process is the conclusion of the baptism.   Ã‚  Ã‚  Ã‚  Ã‚  In order to perform a baptism, you have to prepare. The preacher has to see why the individual wants to commit their self to the Lord. Next, the individual has to inform the preacher why they want to give their self to the lord. Committing yourself to the lord is an important decision. Once the preacher agrees that the individual is true to their self and the Lord, the preacher sets aside a date for which the person shall be baptized.   Ã‚  Ã‚  Ã‚  Ã‚  Once the date is meet, the baptism proceeds. In order for a baptism to happen the individual must have on garments they won’t mind getting wet. Also, the preacher gives the individual white robs as a ceremonial garment ; the white garment must be worm over the person’s clothing. Once the garments are in place, the pastor then performs the baptism ceremony. The pastor first gives the individual a name of a saint, which the name shall be his example and protector. Next, the pastor dips water upon the individual’s head three times. The pastor then anoints the individual on the head, this practice symbolizes true love and peace. The individual then receives a taper to mark that he become a child of God.   Ã‚  Ã‚  Ã‚  Ã‚  Lastly, the conclusion of the baptism is performed. The pastor says a few words of inspiration to the individual or individuals that has been baptized. There is also a celebration to celebrate the rebirth of the newly reformed Christian.

Wednesday, October 23, 2019

How the Prologue in Romeo and Juliet Prepares the Audience for the Play Essay

The prologue to Shakespeare’s ‘Romeo and Juliet’ prepares the audience by making a short summary of the play so it gets the audience thinking about what the story is about. The prologue is a sonnet which is a 14 line poem, it is also known as an english, elizabethan sonnet which contains 3 quatrains and a rhyming couplet. A sonnet is usually a love poem and that is exactly what ‘Romeo and Juliet’ is about. The first quatrain of the sonnet is about the feud and conflict between the two families. Both of the families have the same status ‘ both alike in dignity’ but they seem to be holding a ‘grudge’ against each other, we aren’t told what causes the hate within the two houses but it is there and drags the households into fights this is particulaly shown in line 4 ‘where civil blood make civil hands unclean’ the word ‘blood’ is meaning that death and injuries occur due to the feud the families have. ‘Civil’ is meant to mean poliet or fair which is a bit ironic since there isn’t any politeness. The second quatrain is about the lovers, Romeo and Juliet, and their deaths. ‘From forth the fatal loins of these two foes’ this line is saying that the two household enemies have produced a pair of lovers, this is mainly emphasised in the phrase ‘ fatal loins’ this implies that these being in love is deadly and they are also involved with the feud of their parents. It also means that their fate has been decided and that death will be their destiny. The second line ‘A pair of star cross’d lovers take their life† this is implying that the stars which is meaning their destinies, since they believed that stars told their destiny like horoscopes, so being star cross’d lovers means that their destinies are entwined but they are also against each other due to the feud. The last line of the second quatrain ‘doth with their death bury their parents’ strife’ this shows that in order to end the feud the deaths of Romeo and Juliet seem to take affect on their parents. The next quatrain is about both love and hate. The first line ‘The fearful passage of their death-marked love’ this means that all the events that they go through will lead them them to their destinies of death. The second line says that their parents anger is something that isn’t easy to take away but in the next line ‘which but their children’s end, nought could remove’ this means that the only thing they can’t stop is their children’s death and it was caused by their hatred to one another. The last line ‘is now the two hours’ traffic of our stage’ this implies that the events that they have mentioned will now take place on the stage by the actors. The rhyming couplet is the last to lines of the sonnet. ‘The which, if you with patient ears attend, what here shall miss, our toil shall strive to mend.’ These two lines are now directed to the audience and that now they are going to show them the play if they are willing to stay. The phrase ‘patient ears attend’ show that because they are on a stage they don’t usually use scenery so you have to listen and use their imagination to help what is happening. In conclusion the prologue to Shakespeare’s ‘Romeo and Juliet’ prepare the audience for the play by mentioning the key facts to the play so they know what to expect when that particular event is being performed also it helps to explain the parts of the play which seem to be a mystery like the parents hatred, the audience would not know that the two families are meant to be sharing the same status just that there are two groups who don’t like each other. It also prepares the audience like a warning saying that death will occur in the play as well as love and hatred.