MOD2 Essay Example | Topics and Well Written Essays - 500 words

MOD2 - Essay Example particle procured from work investigation helps for HR arranging which includes enlisting right number of representatives at the correct activity and creating HR capacities. The most huge utilization of occupation examinations is to make a set of working responsibilities. Set of working responsibilities assists with explaining revealing connections, work capacities and causes representatives to comprehend the activity. Set of working responsibilities has been utilized by the organizations to give data to candidates about the activity contribution. Conspicuous data assembled from the activity investigation assists with making expected set of responsibilities. The piece of set of working responsibilities is to assemble the discoveries of occupation examination and giving data about the duties should have been performed for a specific activity (Cushway, 2008). Without the striking data from work examination, set of working responsibilities can't be made. Occupation examination and expected set of responsibilities on the specific employment assists with distinguishing key duties regions (KRAs). KRA incorporates relational abilities, specialized and individual aptitudes, physical, mental and passionate capacity of specific candidate to deal with specific undertaking. With the assistance of employment investigation, association can recruit most reasonable competitor at work (Sostrin, 2013). This assists with distinguishing up-and-comer that are qualified for the activity during the employing procedure. Expected set of responsibilities gives data to the candidates about the key regions that should have been centered around the specific employment. Occupation investigation can be directed in clinical region by including any clinical permit or authentications required for the activity. It can likewise be led as the time spent by the workers to play out the activity. Expected set of responsibilities would assist with guaranteeing information about the specific employment in clinical field (Price and Novak, 2009). As of now I am working in a coordinations the board association as a human asset official. My activity job is to discover and source successful and talented workers for the stock administration office. My expected set of responsibilities is to sift through proper candidates from the got mail. What's more

China's Economic Analysis Research Paper Example | Topics and Well Written Essays - 2500 words

China's Economic Analysis - Research Paper Example This paper delineates that the absolute ripeness pace of the Chinese ladies, which represent the normal number of youngsters a lady in her kid bearing age can hope to have during her lifetime has additionally gone down to a figure of 1.4, lower than that which has been recorded for as far back as years Since the presentation of the one-kid arrangement, which was intended to decrease the birth rate in China, the insights on the birth rates have gone colossally to bring down statures. This more slow development rate in China has been coordinated by the maturing of the populace. Individuals over the age of 60 have been on the ascent and speak to a huge extent of the populace. The impact of this economy is that on the off chance that the pattern goes on, at that point an expanding reliance on the youthful working populace by the old will be experienced. The administration also would be influenced as in it would need to build its annuity financing and the human services frameworks for the older. Sex divergence however represents a future gigantic test for China. As per its 2010 evaluation, the male populace was recorded at 51.27% of its 1.34 billion populace. The females, then again, represented a 48.73% of the all out populace. At present, the quantity of young men in China is more than that of young ladies by a figure recorded at 9 million. As much China remains the most populated nation on the planet, there exist significant varieties in the populace densities in its various districts. The northern and the western locales just have two or three million individuals while the eastern region has near 1.3 billion individuals. Most of the residents live in the eastern territories in the significant urban communities and it is concentrated towards the eastern pieces of the mountains and south of the northern steppe. China has had an ascent in its financial development in the change time frame and this also has prompted the ascent in the per capita salary. Over the prev ious decades, China as a nation has shown emotional financial development which has additionally been joined by a sharp increment in salary imbalance. Its GDP per capita expanded from 311 yuan, in 1974 inside the pre-change period to 1644 yuan in 1990 and later to 12,336 yuan in 2004 as revealed by the National Bureau of Statistics. During the years 2001 to 2003, the Chinese economy was accounted for by the World Bank to have expanded by 10% in consistently through the genuine pay of the 10% most unfortunate individuals diminished, by a similar report, by 2.4%.

GetYourGuide

GetYourGuide With Entrepreneurial Insights/Cleverism we want to help people interested in starting and growing their own companies. A good way to learn that is to listen to leading entrepreneurs and get their Entrepreneurial Insights.In this episode Johannes Reck, co-founder and CEO of GetYourGuide will share his knowledge, so you can make better decisions. Share this video or embed it on your website, so more people learn to become a better entrepreneur.Martin: Hi, today we are in the office of GetYourGuide in Berlin and next to me is sitting one of the founders, Johannes who are you and what do you do?Johannes: Well my name is Johannes and Im the co-founder and CEO of GetYourGuide.Martin: What did you do before you started this company?Johannes: I was actually a biochemistry student originally, so I worked in the lab. I worked on learning and memory with mice â€" this was Federal Institute of Technology in Zurich and after that I had a brief stint as a management consultant for the Boston Consu lting Group, before I actually went off and co-founded GetYourGuide along with a couple of fellow students at the university in Switzerland.Martin: Was this your first contact with entrepreneurship?Johannes: Well get GetYourGuide was already a student project during the time when I went to university, so I would say stuff like the prequel to GetYourGuide which was a slightly different platform to where we are today, which was a student project for already, I think a year or two before we literally went into creating GetYourGuide as we know it today, was my first contact on entrepreneurship. But before that, I had none and I was also still you know what GetYourGuide and GetYourGuide journey started, I was 24 25 years old.Martin: And did you start this student initiative or just did you just join?Johannes: No, I started it.Martin: Oh, cool. Okay, how would you describe to the people out there how your typical business day looks like and how it changed from maybe the beginning of the company?Johannes: The very beginnings of the company you know were pretty simple, so we had a small room you know which pretty much looked like a garage. It wasn’t a garage, but it was more or less I would say the equivalent. At the University, there are no air conditioning and there was just one single window and we had a little server standing in the same room and everyone was doing everything, everyone was coding, everyone was you know was doing design and everyone was doing customers service, everyone was doing sales, so there was no real division of labour yet. I would say it is very basic and it was a great time, we basically studied throughout the day and then at night time came together in this small room and stuff like coded through and hacked our way to the first prototype and you know fast forward four years, it’s significantly changed I would say my days today are mostly dominated by running the executive team and the strategy for GetYourGuide. Investor relations is a big piece of it, I have to keep our shareholders aligned and our vision aligned and then finally I would say a lot of my time goes into a HR and Recruiting, so I talk a lot to the employees and try to figure out you know how we can improve the management of the company and Im also very much involved in getting new talent on board which is pivotal for a start up at our stage it is really the most important thing that you know we have high calibre and new recruits and thats something that Im really excited about and also very involved in. Martin: Okay and lets talk about the business model of GetYourGuide. What is the current business model of GetYourGuide?Johannes: Well GetYourGuide maybe just to explain it, GetYourGuide started off when I described the student project and the prototype. GetYourGuide started off as a peer-to-peer marketplace, so students could log in and become professional tour guides on our platform and sell their services to other travellers or other students, y ou know a little bit like a CouchSurf and AirBnB if you want for students and for sight-seeing. And that never really worked out, so we very much tanked that idea and within one-and-a-half or two years you know we realized that you know that it wasnt going anywhere and what we decided to do then, was to take a second stab at the market because what we saw was that a lot of local professional sight-seeing tour and activity companies that exist all over the world you know cannot really market themselves very well on the web and theres not a portal where you can just log in and where you create your content and then get distribution in the travel world, that just didnt exist. And the traditional value chain was extremely fragmented, where only a few lucky ones got a favoured and got distribution, particularly the big landmarks like Eiffel Tower or maybe the big Broadway Musical, those kind of like highlights.But you know the market, as we looked into it you know, it turned out to be ex tremely distributed and thats a very big long tail of local travel activity supplies and just to give you an example, a local Berlin Segway Tour Company or the food tour through Paris, I know the interesting movie tour in LA you know just to name a few and there’s many, many others. All that hadn’t been brought together and we thought, hey you know what, how about turn our original peer to peer model that wasnt working around and what about we create something new which is more of a professional marketplace for travel activities where we have a real extra net for suppliers to login and mention their inventory and their pricing and your management. And on the other hand have customers you know that have the opportunity to book all these great services and their destination and how the business model then turned out and you know its very naturally in that whenever a customer came to our website and found this great content and wanted to make a reservation, we would get a commissio n fee off of every booking that was made. And later on we also discovered that within the travel industry, there was a high demand for these sort of products for this sort of content and what we then did was that wrote an API for our platform where you know travel industry, agents or intermediaries or publishers could take our content and market it through their website and again take a commission in between. We would host the entire transaction would also get a fee that we would split with the publisher.So its very much a B to C or B to B to C model and where we always control the transaction and get a commission fee for every transaction thats made, which is a great proposition because at the end of the day we are only billing our suppliers for bookings that actually happened we don’t book them for listing or things and we don’t book them we dont bill them for clicks. Martin: Yeah like the performance marketing agency.Johannes: Very traditional performance marketing, thats th e way how the travel industry as a broader industry also works. So and the hotel reservations base which has gotten extremely big over the past ten years on the web, it’s exactly the same model.Martin: Yeah.Johannes: For flight booking, it’s the same model.Martin: When you started this kind of business or had this business idea, was this business idea related to the student initiative or was it just that you got some idea in the student initiative and then took it and founded your company?Johannes: No, it was it was a more traditional you know start-up in the sense that we had this idea and then we actually attended university classes in order to learn you know how you can found a company and the legal structure behind it and what the financial frameworks are and but we had this idea of digitizing exciting things to do and destinations and making them accessible on the web, that was the basic idea that weve been following for the past 6 years.Martin: And what have been your maj or assumptions when you had to decide whether you would like to pursue this kind of idea and how did you test this assumptions?Johannes: To be honest, looking back I think we didnt have many assumptions and I think we didnt have much of a clue, so I would say Im a lucky guy who stumbled into something great, like most great companies by the way. But we the only thing that, the only assumption that I think we made from the very beginning is that we thought that the market opportunity was very big and that you know that the turnover generated in travel activities worldwide and in each destination is very big and goes into the hundreds of millions and millions and that we validated through talking to local suppliers. But that’s about the only thing that we really validated I would say, we didnt really look into much more than that.Martin: Okay and what have been the major challenges for you for reaching your first million visitors per sample?Johannes: It’s always hard to pinpoint you know the specific challenges but I think the key challenge that every entrepreneur goes through in the holidays is insufficient resources and a huge endeavour. I think thats the key point you know, you only have so much time to get some traction and show that your model is working to a certain degree before you run out of funds, you can’t finance it yourself and the way how we dealt with that was, that in the beginning we just didnt spend money and everything we did, we did ourselves. So we had a totally do-it-yourself mentality, where we were hosting our own servers and Im writing all the code for the server hosting ourselves, we didnt do anything externally with that.Martin: Yeah.Johannes: As I said we had a server in that little tiny room, you know we built the code ourselves, we didn’t had any employees, we weren’t paying ourselves any salary, as much as we needed to, you know get the daily soup and in a way we are extremely self sufficient, you know we were burning ve ry, very little money. I mean, I think all the way through to the company turning over you know millions and millions of dollars already, we had burned through you know tiny amounts of funding, obviously as we then scaled, we put a lot of our funds to work but in the early days it was pretty self sufficient.Martin: And did you bootstrap company or was thisand to which point?Johannes: I was it was semi bootstrapped, so we were lucky that we actually put the founders put in money themselves in the very beginning, which you know I guess Ill call bootstrapping and we were living off of these funds.Martin: Yeah.Johannes: But additionally we got some money from a very early angel who had built Travel.ca which is Switzerlands biggest travel agency.Martin: Okay.Johannes: And from the local cantonal bank which is a historically interesting thing, but back in 2009 2010 when the company was founded, there was a lot of liquidity in the Swiss banking market.Martin: A grant or a loan equity?Joh annes: No, it was actually equity investment.Martin: Interesting.Johannes: It’s a very, very bizarre, I mean today I think banks wont do that anymore but back then it was the historic thing that they did it and you know we got lucky and got some investment, so but it was the majority of the money came out of the founders pocket, so we were boot-strapping that way.Martin: Okay, good. Lets talk about the corporate strategy of GetYourGuide, what you think is the competitive advantage of your company over the competitors and how do you try to maintain it or grow this competitive advantage?Johannes: I think competitive advantage for a marketplace model like ours is fairly easy, you have two pieces to the equation, one is demand and the other is supply and you build up the supply and then you build up the demand and then you match the two. And the more liquidity you get on each side, you know the more you drive your marketplace, the more valuable the asset becomes and I think everythin g that weve been focused around at the end of the day was to increase liquidity in our marketplace from the first day on and I think weve already come a very long way. You know a lot of the businesses on our marketplace today actually make their living off it.Martin: Alright.Johannes: I think this will only go up. I think ultimately we will become more and more important as a revenue stream for other businesses on our platform and then we also will make the entire market bigger because a lot of people that previously werent even into sightseeing, or doing things when they were travelling, now find it very easy and accessible. They find that its a much better way to travel. I think well make the market bigger and we will increase the liquidity of the existing monetary streams that now come increasingly through mobile and through the web and I think the more liquidity we can drive, the more competitive advantage we will have towards any competitor, because competitors always need to b uild up the same thing and marketplace are very difficult to replicate in a way that you have to get the supply and you have to become relevant to them. And I would say if you would found GetYourGuide again today or if I you know had the task to compete against our own company with that everything that I know and I would know that is very, very difficult because I would need to create the same dynamicMartin: Yeah.Johannes: That this company already has which today would mean spending a lot of money on marketing, on supply and to ramp it up to the same degree is extremely difficult because theres so many small pieces to it and ultimately you know I could name you from the marketing and the customers service and sales, etc. etc. like so many small competitive advantages but I think it all boils down to the concept of you know how big the liquidity is between the two pieces and you know you need all these small pieces to build it up.Martin: Let’s talk a little about the market for tr avelling, how do you perceive the past development in terms of the market size, market growth, and profitability maybe in some specific segments and what would be your focus for the future?Johannes: Well I think the travel market is a very interesting market, when we started it was actually already written off as more or less done online. Now we see a lot of investment coming back into the online travel market because there are a couple of fantastic outcomes for investors in the travel market in the past 3-4 years. Companies Kayak or Trivago from Germany. I would say generally we’re still very early days, with the technology. The travelling market is ripe for disruption, to put it mildly, particularly in your traditional airline and also the hotel pieces, our market is a little bit of an ignored area and the sort of travel that has no technology and which is also great because it allows us a lot of room to build technology into that piece of the market.I think generally the travel market is notorious for being a very, very, very big market. I think its next to probably health care, oil and gas and banking and finance are probably one of the top three for biggest markets in the world. It has on average very low margins and a lot of distribution in it and cross distribution. I think consolidation and that fragmented distribution market, through the distribution itself but also the technology that enables any sort of consolidation there, will happen over time and will be very interesting for investors and also new entrants.Martin: How do you think in this kind of market set up that you described, how should oneself position in it to for example, I mean as you talk about the value chain you could position yourself may be in a slot where the margins are higher?Johannes: That’s right, but it’s always, I mean you always have to think about you know margins versus volume. You know, flights in the travel market are notorious for low margins. Ive seen a couple of fantastic businesses set up on flights for instance Sky Scanner out the UK, great business lives off of flights, Kayak in the US is also great business. On the flipside, you can go into niche markets. I would say more upscale travel market where margins are higher. It really always depends on the business model and how you can get this scale. I think at the end of the day and travel you know whatever you do, you have to have a very, very solid grasp of your unit economics and of how you scale a company, its very easy in travel to scale losses because the margins are lower. Martin: Yeah.Johannes: And the repeated behaviour of customers are more difficult because customers dont repeat as often because they know you travel once a year or twice a year, so you have to have a very, very good sense of the unit economics and how you scale the company. I think thats the key in travel.Martin: So this would mean I would have to earn money on the first company on the first customer who comes an d not building on the belief that a customer would come repeatedly?Johannes: I think ultimately you have to get the customer to come repeatedly and thats something that everyone works on but from my understanding and from what Ive seen is that most or all successful travel companies makes money on the first transaction.Martin: Okay, that’s it. As we from Entrepreneurs Insights, we try to help young entrepreneurs and give them some advice from more senior entrepreneurs, what would be your advice for bootstrapping in a very good and efficient way, because you have some experience in this?Johannes: I think for bootstrapping, the most important thing about bootstrapping is, I think that you have a very clear objective where you want to go because a lot of entrepreneurs make the mistake that they bootstrap for too long and I always find that you have to know exactly what you want to do and then you have to go after it and you also have to be ready to pull the plug if you see that it is nt working. So I think creating clear objectives and outcomes is something that I find is very important and that isn’t done enough by people who do bootstrap. Particularly around her in Berlin, your standard of living is very cheap, you can bootstrap for years but I think that isn’t any productive.I think bootstrapping should just be a way to get started into the company and get your initial proof and you should have very clear objectives around that. I think another thing that I would say besides objectives is to that you know when you’re bootstrapping; you’re typically working with a few other people that believe in the project and the vision. I would think the right incentive structure for all these people that are on board, equity options and thinking that through as an entrepreneur, I think is very important. And also thinking about this already very long-term of how thats going to turn on 4 to 8 years and how are decisions being made in my company and what’s the sha reholders structure is, also new angels or VCs that are coming. Think thats another thing that I would really think about, there is a lot of literature about that on the web these days, not as much when I started but today there is a lot of literature on it and I think thats something I would really pay very close attention to.Martin: So thank you very much Johannes and maybe we can visit GetYourGuide next time.Johannes: Absolutely, I would be delighted.

Shades Of Black Diversity - 1545 Words

Shades of Black: Diversity in African-American identity by William Cross Cross’ book Shades of black: diversity in African-American identity (1991) depicts a perceived metamorphous of black identity through five stages of development—his ideologies are now termed as the Nigrescence theory. In simple terms, this philosophy refers to the process of becoming Black. It also demonstrates daily struggles that the black community may have in developing a healthy personal identity. Over the years, many authors attempt to define what the word black means. Eventually, many came to begin using the politically acceptable term widely applied today to regard black people; that word is known as Negroes. As different historical events occurred, one being the black power revolution on the 1970’s the experience called for a fresh definition of the term negro. Blacks or Africans in America began to be more conscious of their identity and more aware of the differences separating them. This is the experience that Cross (1971) illustrates and is primarily referenced in his five-stage progress including: pre-encounter, encounter, immersion/emersion, internalization, and internalization-commitment. This book highlights some very vital topics relating to mental health, which has been carefully disregarded by other researchers. Nonetheless, it has strong affiliations to the black experience and can positively explain a more normal psychological behavior through logical and very thought provokingShow MoreRelatedEssay on Shade Of Citizenship: Race, Citizenship In Modern Politics1064 Words   |  5 PagesShade of Citizenship: Race, Citizenship in Modern Politics A very vexing topic of discussion indeed when it comes to the census and its racial undertones. The census can be defined as the scientific method of collecting data as records for the government or state use for the proper control of public properties. However, what completely alters the whole process is its highly comparative analytical stance adopted which inserts in elements of difference. The census is a crucial political instrumentRead MoreWhat Does The Richness And Fullness Of That First Cup Of Coffee?1733 Words   |  7 PagesCoffee grows only in the tropics, in Mexico, Central and Latin America, Indonesia, and Africa. The field must be at an altitude between 3000 and 5000 feet with a temperature between 65 and 70 degrees Fahrenheit. For optimum growth, coffee must have shade from nearby trees and overhead growth, but it also requires at least two hours of sunlight each day (â€Å"Shrinking Shadowland† 60). These are the only requirements nececssary for coffee to grow well. Coffee comes from small green beans that are reallyRead MoreThe Butterfly Life Cycle From Egg1636 Words   |  7 Pagesbehaviour can reduce stress, energetic costs and increase survival. Sunlight is not an absolute for flight, and it’s very likely that all butterflies are capable of flying in shade, if the temperature is high enough without the need for sunlight. There is an optimal temperature for activity, so in hot weather they may seek shade or require more sun for flight when the temperature is cooler (Pollard Yates, 1993). The heat for the sun is needed to heat up the flight muscles, they are often seen outstretchedRead MoreEssay On Luke Cage1622 Words   |  7 Pageswinning Million Dollar Baby and for his appearances in Zero Dark Thirty and Men in Black III. He is joined by Mahershala Ali, who plays Cottonmouth, Lukes Cage’s main antagonist during the first half of the series. Coupled with is role in Luke Cage and the coming of age film Moonlight, Mahershala Ali is known most popularly for his role as Remy Danton in the hit Netflix series House of Cards. Together with Shades, the secondary antagonist played by Theo Rossi, they make up the recurring villainRead MoreThe Impact Of Consumerism On Our Society Today1276 Words   |  6 Pagesadvertisement to be successful. The product I decided to choose to analyze was my Clinique Stay-matte Liquid Foundation. What attracted me to this foundation is how the packaging goes straight to the point with a simple container showing what type of shade it is meant for and what type of skin type the product is appealing to. The front of the container contains Clinique’s logo and the words on the front contain â€Å"stay-matte† and â€Å"oil-free makeup†. People who do not wear makeup on a regular basis probablyRead MoreThe Perfect Body Campaign : Advertisement1214 Words   |  5 Pagesinto the viewers’ bedrooms. A darker figure occupies the center of the image. Her skin is is just a few shades darker than those standing next to her, and her darkness is not palpable until the image is given a second glance, in part because the white bodies surrounding her act as a band-aid for her blackness. The very lighting of the image haunts the darker woman by painting her pores a shade lighter than they actually appear. If the viewer looks closely at the model’s left arm in comparison toRead MoreEffects Of Black Models On The Fashion Industry999 Words   |  4 PagesReportedly magazines do intentionally limit the use of black models having a place on the cover of their magazine for revenue and commercializing reasons (Allan). â€Å"Sales are significantly lower when† black models are placed as the headliner of the magazine. It is not particularly the fashion world that is racist rather the world around it that it pulls it influence from (Allan). Statistic wise â€Å"magazines sales can drop as much as 20 percent when a black woman is on the cover† (Allan).Furthering the issueRead MoreWhat Makes A Smart Man?1587 Words   |  7 Pageskeep in mind that dissimilar types of clothes insist different types along with shades of socks. You do not feel like a small item like a sock to damage a perfectly put collectively outfit. Even as browsing to buy Cool S ocks Online, make sure that you select out white socks just and just for sports. This is a method to stick through no matter what. You do not wish for an entirely fitted black suit along with clean black shoes to include an eyesore of a white sock patch twittering throughout. The justRead MoreEthnic Variability Of Hispanic Latino936 Words   |  4 Pagespremise of ethnic identity versus that of the biological racial characteristics that are typically categorized by Asian, Black, White, Native American, and Pacific Islander. This is why Hispanic/Latino ethnic identity differentiates between race and ethnicity because being â€Å"Hispanic† does not necessarily define the basic racial requirements. U.S. Citizens that are defined as being â€Å"Black† in the U.S. Census are typically of African origin, yet the process of Spanish colonization in South America fromRead More Race and Ethnicity in the Classroom Essay690 Words   |  3 PagesNatriello, and McDill 1989). A minority group is a group typically numerically inferior to the rest of the population state... (A.J. Jongman and A.P. Schmid). There used to be two major groups in the school setting, the blacks and the whites. Now there are whites, blacks, Asians, Hispanics, etc. And even to go along with that (they are not truly minority groups), there are the freaks, nerds, obese people, and homosexuals. With all the groups, the feeling for each one has gotten stronger. For

Shakespeare s Presentation Of Commitment - 4139 Words

Examine Shakespeare’s presentation of commitment within a love relationship in Romeo and Juliet. William Shakespeare wrote over 400 plays during his life during the Elizabethan era, of which one of his more famous plays is Romeo and Juliet. People from all classes went to watch his plays at the Globe theatre where seating was available to suit the various classes. His plays examined several issues that occurred to Elizabethan society, at a time when loyalty, religion and family were paramount. This essay will be looking at the theme of commitment and how it was portrayed. Shakespeare shows the theme of commitment in the play Romeo and Juliet by demonstrating commitment to one another within a love relationship. This was demonstrated within the lines â€Å"If thou dost love me, pronounce it faithfully† which is followed later in that dialogue with â€Å"Lady by blessed moon I swear.† This shows commitment by swearing at the moon of their love, which is an example of pathetic fallacy due to the fact that this scene occurs at night. This is pathetic fallacy as the relationship is secretive which has connotations of darkness / night. The word â€Å"moon† can have several meanings in this context. The first meaning â€Å"moon† can have is of one where it provides light in the darkness which as previously discussed may be referring to the secrecy of their relationship. A second meaning is that the darkness represents the feud between the Montagues and the Capulets; whilst the moon is representingShow MoreRelatedEnglish As A Waste Of Time Essay1575 Words   |  7 Pagesour company s status. Good grammar and spelling were very essential in these reports since any incorrect information could misconstrue the data and reflect poorly on upper management s presentation. Many employees appreciated my expertise and I was even offered a job by my boss to tutor his children in English. Using English as a Purchasing Agent My second and current job is working as a purchasing agent for aerospace and transportation parts. Export is the key to this company s business andRead MoreEssay about The Irony Depicted in Shakespeares Henry V1566 Words   |  7 Pagesplay which organizes critics into rival camps of interpretation (35). It can be seen as a play that is ambiguous; a play that exposes the playwrights own indecision; a play that aggressively takes sides in favour of nationalistic fervour which Shakespeare himself didnt believe in (35). All of these views, writes Rabkin, are wrong since according to him the plays ul timate power lies in its ability to point in two opposite directions, virtually daring us to choose one of the two opposed interpretationsRead MoreWilliam Shakespeare s A Midsummer Night s Dream And Romeo And Juliet1502 Words   |  7 Pagessince her father â€Å"may dispose of her† (1049) as he pleases. As a result of this, Hermia is left with a Hobson’s choice: either to comply to the demands and promise herself to the suitor of her father s choice, or be sentenced to death as is the custom of the ancient Athens law. The early presentation of this discord allows the movement of the story to take shape. In an attempt to alter their destinies, since â€Å"the course of love never did run smooth,† (1051) Lysander, Demetrius, Helena, and HermiaRead MoreI Know Why The Caged Bird Sings1445 Words   |  6 PagesPresentation I Know Why the Caged Bird Sings is a self-portraying record of Maya Angelou that shows how cherish for writing and having a solid character can assume a huge part in conquering bigotry and misery. Throughout the story, it is clear that Maya changes from being a setback of bigotry to end up distinctly a young lady with self-nobility and character that helps her to conquer partiality. The setting of I Know Why the Caged Bird Sings concentrates on the issues connected with bigotry thatRead MoreWhat I ve Learned Throughout Grade 101420 Words   |  6 Pagesas Lord of the Rings Essay, or Romeo and Fate, I have engineered titles like, â€Å" How the Dedication and Commitment shown by Sam, Positively Enhanced the Film and Himself.†, or â€Å"How Different Perspectives Mold and Shape Personal Beliefs.† The use of words like, enhanced, dedication, mold, and shape, show the advanced vocabulary I have developed and how it goes to only strengthen the presentation of my ideas and c oncepts. My belief is that I have mastered the skill of when and how to use quotes. TheseRead MoreAnalysis Of On Chesil Beach 1557 Words   |  7 Pagesomniscient narrator and the protagonists Januarie, May and Damyan. The view of marriage presented in the tale is a very negative one with the wives being at fault. Many have called the tale to be anti- feminist and critics have discussed the negative presentation of May throughout the centuries. In ‘On Chesil Beach’ the relationship of a newlywed couple is represented through the use of the third person. Both Florence and Edward believed that the promise of marriage would bring them what they most desiredRead MoreThe Work Of The Heart : Young Women And Emotion1444 Words   |  6 Pageshistory as men and women actually experienced it.†i Indeed, Blauvelt s book is an attempt to forge these tools through a meticulous examination of the diaries of young women in America at the turn of the nineteenth century in the hopes of un derstanding how these women constructed and expressed their emotions. She employs the work of two sociologists as the theoretical apparatuses of the book: first, Arlie Russell Hochschild s idea of emotion as work, something which requires an active effort toRead MoreHow I Have Helped My Community1191 Words   |  5 PagesOut of the many significant and growing commitments I have, â€Å"BASD Mini-Thon† is the most meaningful. Mini-Thon is a completely student-run committee at my school that raises money for the Four Diamonds Fund, a non-profit organization that supports families suffering with pediatric cancer. Our committee emulates the annual â€Å"Thon† event at Penn State, which is essentially a dance marathon in the honor of the suffering children. Although we have one dance marathon a year, my committee regularly hasRead MoreEssay on Power of Men in William Shakespeares The Winters Tale3919 Words   |  16 PagesPower of Men in William Shakespeares The Winters Tale It has been said that in The Winters Tale Shakespeare dramatises the contemporary struggle between masculine and feminine power. In light of this comment, examine the presentation of the relationships between men and women. Despite their many differences, contemporary society is now only beginning to realise their equal and respective roles in society. Since the beginning of time a contemporary struggle for equality has been presentRead More Relationships Between Men and Women in The Winters Tale by William Shakespeare3196 Words   |  13 PagesRelationships Between Men and Women in The Winters Tale by William Shakespeare The Winters Tale was written in 1611, during the reign of Queen Elizabeth I. The play is one of Shakespeares romance titles, though it could be more justly referred to as a tragi-comedy due to the instances of accusation, death, repentance and reunion. To successfully study how Shakespeare presents relationships between men and women in The Winters Tale there are four main relationships

The non-fictional music review Free Essays

The non-fictional music review is aimed at audiences of all ages, mostly to the public who are contemplating buying or listening to the album. Although the foundation of this review is referential, it grows into more of an expressive and opinionated description of the tracks. There is an informal, planned and context bound structure, which will possess semi-permanence, as although it will be saved on the Internet, it does not contain enough importance to be around permanently. We will write a custom essay sample on The non-fictional music review or any similar topic only for you Order Now The introducing paragraph with a simile attached to a metaphor to portray the band’s history – â€Å"chucked back and forth between critics like a piece of bait between angry dogs†. This gives a sense of the band having a rollercoaster-ride time in the media and instantly gives interest as to why this band has had so much attention. The adjacency pair of a rhetorical question â€Å"and what do they have to say†¦?† and an answer â€Å"This album† is resembling the reader’s questioning thoughts to the previous statement and turns the subject from the band’s past to the present. A description of adjectives and noun phrases follows – â€Å"filled with argumentative lyrics and catchy tunes to fight back to the critics† The next paragraph is informational with numerical adjectives â€Å"20th July 2008†, â€Å"300,000†, â€Å"2.5 million† and â€Å"number 8† to give a factual background for the curious readers. Quoting a member of the band and the producer also interests fans – â€Å"Tom Fletcher revealed†¦Ã¢â‚¬ , â€Å"Producer Jason Perry describes† I included an intensifier – which I continuously used to keep interest and keep an elevated description – to give the image of exaggerated annoyance all over Britain and raise the importance of the band: â€Å"†¦beat them in the battle of the charts caused uproar†. I used repetition on the word â€Å"smile† in â€Å"†¦anyone tapping the steering wheel on a gloomy Monday morning to work with a smile on their face† and â€Å"the ironically named â€Å"Smile†, reminding everyone to â€Å"Just remember to smile, smile, smile,†Ã¢â‚¬  to represent the sunny attitude. In the former quote, I created a common exemplar situation to give a personal twist to the factual content. In the conclusion I quickly described their past work with an over-use of adjectives and proper nouns. I started the last paragraph with a concluding recommendation summary with a similar question-answer format to the beginning of the review (â€Å"have to say†¦? This album.† ) – â€Å"Contemplating†¦ worth your hard-earned cash, the answer is yes†. The finale statement is then an imperative order, â€Å"buy this album†. How to cite The non-fictional music review, Papers

Netscape Initial Public Offering free essay sample

Netscape Communications Corporation, founded in April 1994, provided a comprehensive line of client, server, and integrated applications software for communications and commerce on the Internet and private Internet Protocols networks1. Also designed with enhanced security code to provide secure financial transactions and transfer confidential information over the Internet and private IP networks. The board faced a pricing dilemma within the context of an extremely unpredictable industry.Their responsibility was to determine the appropriateness of the proposed increase in price after balancing the potential risks and rewards that might accompany such a move1. Netscape has been so successful due to a few factors. For one, Netscape has stellar management making important business decisions. Also, they have proven to be successful in securing a steady flow of capital injections from various private investors.By setting a new business standard between 1994 and 1995, Netscape was able to dominate in overtaking Mosaic, the largest market share holder of that time. We will write a custom essay sample on Netscape Initial Public Offering or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page However, the threat of its competition has become increasingly worrisome and their position is rather risky. Thus, Netscape must consider going public and generate capital in order to maintain a competitive advantage and continue to capture market share. Netscape needs to seriously consider undertaking an IPO because it has reached a point in its development that demands substantial injection of capital.Although going public will result in a decrease in the control the original owners have in Netscape, issuing shares on the open market will allow the organization to generate enormous capital while avoiding an increase in its debt obligations. Although Netscape has been privately held and can attract private through private placements, these investors hold illiquid shares because of the difficulty to find a buyer for their shares. After going public, these shares will then become very liquid and thus carries a major benefit to current shareholders. A major factor in considering this IPO is the way in which it is done. The underwriters that purchase the initial shares of Netscape will carry substantially more risk than Netscape. The underwriters participating will guarantee Netscape the proceeds from each share at the offer price decided upon. At this point, Netscape will have been issued the capital injection and the responsibility of selling these new shares to the public will fall in the hands of the underwriter(s). On the other hand, Netscape carries some risk in deciding to undergo an IPO. Once public, the ownership of Netscape will become diluted and the value of the company will more than ever, be decided upon by market conditions.Netscape must decide on the optimal offer price, because a higher price offers the greatest amount of capital raised, but a price too high will have much difficulty being maintained in the market. Furthermore, as a public company, Netscape will put itself in the spotlight and will remain there for as long as their stock is traded on the public market. A fundamental difference between a private company and a public company is that a private company can legally withhold financial statements from the public, whereas a public company gives up this luxury.Netscape’s offer price was thought to be $14 based on the initial analysis, but the underwriters are currently suggesting an offer price of $28. There are two things to consider when arguing confidence around the offer price suggested by the underwriters. For one, too low of an offer price results in high demand for the shares, thus the institutions involved will have a negative opportunity cost in participating in the deal. Secondly, too high of an offer price results in an inability to sell the shares at the agreed-to offer price, thus the institution will result in a loss when the syndicate is broken.Although the company has yet to post a profit, there is still substantial interest in Netscape’s IPO. Their financial position, coupled with the demand for their IPO, sh ows that the equity market in which Netscape will enter is fueled by speculation as much as it is by analysis. As a new company, Netscape is not expected to post a profit, as few companies do in the first few years of their existence. However, their young, rapid growth, and intense and effectively competitive approach justifies their IPO offer price of $28.A crucial piece of information to consider is that the underwriters are suggesting the price increase, all while knowing they borne the majority of the risk if the IPO is a bust. Underwriters work on IPOs around the clock, and taking into consideration their expertise as well as Netscape’s strong management and dominant market presence, I strongly suggest Netscape goes public at the higher offer price of $28 per share. Moreover, the news of the change in offer price may stir even more positive speculation around Netscape and improve its performance in the equity market.

Gender Roles in Romeo Juliet Essay Example

Gender Roles in Romeo Juliet Essay The tragedy Romeo and Juliet has been criticized by many critics throughout the years. Most critics tend to agree that Shakespearean literature has strong gender roles. This means that the men will carry themselves with honor and pride. A typical man for the time period in which Shakespeare set his play was the head of the household; anything the man or also known as the head of the family wanted would be put into motion almost as soon as he finished saying the words. The strong males in the tragedy Romeo and Juliet are Juliet’s father Lord Capulet, Romeo, Mercutio, and Prince Escalus.A woman’s typical role of that time period was subservient, always holding her words when it came to decision making. Most women of the time were busy having children starting at or before the age of twelve and were married well before that. Juliet and the Nurse do the best job of portraying the female gender roles throughout the tragedy The main male character in Shakespeares tragedy, Rom eo, is a young man whose heart is filled with despair because he is unable to obtain the apple of his eye: Juliet.Throughout the play, Romeo portrays a rollercoaster of emotions, which does not support the belief that Shakespeare uses stong definitive gender arguments. Romeo fluctuates from melancholy to high spirits from unmanly despair to calm and moves from recognition that it is een so to a kind of adult fatalism (Evans 1057). A good example of Romeos fluctuating mood would be when he meets the Nurse at Friar Larwences cell. Whereas he was happy about getting married to Juliet in Act II and even wanted to embrace the Capulet family as his own, he now in Act III wants to commit suicide because Prince Escalus has exiled him from Verona.At this point in the tragedy, Romeo as a young immature and even irrational young man does not realize that he should be grateful that the prince has not ordered his execution. Right in front of the Nurse and the Friar, Romeo appears to have lost all forms of manhood when the Friar asks, Art thou a man? Thy form cries out thou art; Thy tears are womanish, thy wild acts denote The unreasonable fury of a beast. Unseemly woman in a seeming man, And ill-beseeming beast in seeming both! Thou hast amazed m. By my holy order, I thought thy disposition better tempered. Hast thou slain Tybalt? Wilt thou slay thyself,And slay thou lady, that in they life lives By doing damned hate upon thyself? (Act III. scene 3, lines 109-116) Romeo is the typical tragic Shakespeare hero because he is a basically good human being but possesses negative characteristics that will eventually lead to his own death. Some of his negative characteristics contradict his manhood and maturity. Romeo is clearly impulsive during several scenes in the play, which often goes along with the immaturity of a young male. For instance, as stated above Romeo is quick in his decision making. In several scenes in the tragedy, he is ready to kill himself before he even co nsiders the situation.Because he is so immature, he desperately needs the advice, support, and friendship of Friar Lawrence. It is interesting to note that Juliet, Romeos female counterpart in the play, exhibits the same flaws as Romeo. Just like Romeo, Juliet is also immature and impulsive and she needs the nurse for the same reason Romeo needs the Friar. The female main character is Juliet. Juliet is a young innocent girl of the tender age of twelve who more strikingly changes from a girl too young to have thought of marriage, into a mature suffering woman (Evans 1057).Juliet’s feelings and emotions, love and overwhelming feeling of wanting a perfect love are what makes Juliet fit the description of the stereotypical teenage girl. Juliet was initially against the idea of getting married when she states, it is an honor that I dream not of (Act I, scene 3, line 167). Her comment portrays Juliet as a typical indecisive young woman, but she is willing to give the marriage a cha nce because she wants to follow in the same footsteps as her mother. Here in Verona, ladies of esteem /Are made already mothers. /By my count I was your mother much upon these years ( Act 1, scene 3, lines 71-73).Sir Capulet, Juliet’s father, does a great job of portraying himself as the stereotypical domineering male figure in the play. He does a good job of holding his ground throughout the entire play. There is no scene when his opinion is not considered. Throughout most of the play, he refuses to listen to anyone’s comments having to do with anything from his daughter’s feeling on marrying Paris to who should be allowed at the masquerade ball. Juliet’s father also forcefully intends to set up the marriage between his daughter Juliet and Paris, the Count and relative to the Prince of Verona.In Act III, scene 3, he tells Paris, â€Å" I will make I will make a desperate tender Of my child’s love . I think she will be ruled In all respects by me . —Nay, more I doubt it not— Lady Capulet, go to her ere you go to bed. Acquaint her here of my son Paris’ love, And bid her, mark you me† (lines 12-17). The way he has stated this to Paris and his wife, Lady Capulet, shows that he is a chauvinist and he doesn’t care what anyone has to say about how they may feel about the situation. This counters the argument that Shakespeare did have definitive gender roles because Sir Capulet’s behavior clearly shows that.With the exception of Romeo, all the main male characters in Romeo and Juliet do have definitive gender roles. Mercutio plays an important role in the tragedy Romeo and Juliet. As he is not related to either Romeo or Juliet, his function in the play is different from that of other characters. Mercutio is a friend of Romeo and – as a friend – has a lot of influence on what Romeo decides to do. Being young, humorous, and somewhat immature, his purpose during his relatively sho rt presence in the play is to offer comic relief. In other words, his comments after a stressful scene relieve the tension.Shakespeare portrays Mercutio as a young male who appears to be hiding behind his jokes. Even when he is dying, he has the need to be funny: â€Å"No, ‘tis not so deep as a well, not so wide as a church Door, but ‘tis enough, ‘twill serve. Ask for me tomorrow, and you Shall find me a grave man. I am peppered. I warrant, for this World. A plague a both your houses! Zounds, a dog, a rat, a mouse† (Act III, scene 1, lines 92-95) Mercutio’s need to be humorous is a big part of his personality as a young male. Like Romeo, he is impulsive and immature.However, unlike the love-struck Romeo, Mercutio is more prepared to fight to show his manhood. Of course, Mercutio is ignorant about Romeo’s marriage to Juliet and therefore his reasons for fighting correlate with his role as a young male. According to the critic Appelbaum, â€Å"i f the regime of masculinity demands that its unsatisfiable goals be followed to the end, and subjects such as †¦Mercutio are compelled to try to complete themselves in ways that only result in their death, the Shakespearean canon often dramatizes what appears to be a desire to escape from the regime, to overcome or run away from the snares it sets† (Appelbaum 252).Mercutio wants to be the typical young male, and he is certainly not afraid to do as he says. However, as Appelbaum has clearly stated, Mercutio’s wish and need to be that stereotypical male eventually leads to his early death. Prince Escalus, unlike the other male characters in the play, has the inborn right to be in charge of the affairs of all citizens in Verona. In the case of Prince Escalus, it is not only his superior position in Verona that makes him dominant, but also his gender. As the Prince, he knows that the citizens must listen to his commands.In the beginning of the tragedy, for example, the Prince warns the people of Verona: â€Å"Rebellious subjects, enemies to peace, Profaners of this neighbor stained steel- Will they not hear? What, ho! You men, you beasts, That quench the fire of your pernicious rage With purple fountains issuing from your veins! †¦ And hear the sentence of your moved prince. Three civil brawls, bred of an airy word By thee, old Capulet, and Montague, Have thrice disturbed the quiet of our streets †¦ If ever you disturb our streets again, Your lives shall pay the forfeit of the peace. † Act I, scene 1, lines 72-88) It should be noted, however, that this dominating male does reveal fairness. When Romeo has been found to be involved in a fight that resulted in Tybalt’s death, the Prince exiles Romeo instead of having him executed. At the very end of the play, Prince Escalus fulfills his role of â€Å"Verona’s father† when he cleverly brings the Capulets and Montagues together after the deaths of Romeo and Juliet . His final comment suggests the new but gloomy peace in Verona: â€Å"A glooming peace this morning with it brings. The sun for sorrow will not show his headGo hence, to have more talk of these sad things; Some shall be pardoned, and some punished; For never was a story of more woe That this of Juliet and her Romeo. † (Act V, scene 3, lines 304-309) Prince Escalus, therefore, as the assertive male in the play, manages to reach his goal of having civil peace in Verona. It appears, however, that the Prince’s power is more the result of his position than his gender. Most of the female characters in Romeo and Juliet are rather weak and submissive. In a way, these characteristics give more power to the male characters.One obviously submissive yet outspoken character is Juliet’s Nurse. Already early on in the play, the Nurse clearly shows her love for Juliet. Apparently, the Nurse lost her own daughter years earlier, so Juliet has become her substitute daughter. When Sir Capulet demands that Juliet marry Paris at a time when he does not know about Romeo and Juliet’s marriage, the Nurse attempts to protect Juliet. In fact, she stands up to the dominating Sir Capulet, but it doesn’t take long for him to put the Nurse back in her place: â€Å"And why, my Lady Wisdom? Hold your tongue, Good Prudence.Smatter with your gossips, go! † (Act III, scene 5, lines 171-172) The Nurse not only shows her fear for Sir Capulet because he is her employer, but he is also a male in a male-dominated society. Another female character who clearly shows her inferiority to males is Lady Capulet, Juliet’s mother. Throughout the play, Lady Capulet is the stereotypical wife. Even though she is of noble blood, she is still inferior to her husband. Her position makes her stronger than the Nurse, but her gender makes her weaker than her husband. In most of her scenes, Lady Capulet merely does what her husband tells her to do.When her husband order s her to discuss the topic of marriage with Juliet, she dutifully complies: â€Å"Marry, that ‘marry’ is the very theme I came to talk of. Tell me, daughter Juliet, How stands your dispositions to be married? † (Act I, scene 3, lines 63-65) It almost seems as if Lady Capulet is afraid to bring up the subject of marriage. She clearly only does so because her husband has ordered her to do so. It is clear that Shakespeare created characters – both males and females – with very specific gender roles. These characters all seem to possess specific characteristics that fit their gender.With the exception of Romeo, the younger males all seem to want to be the stereotypical males. They are ready to fight, to argue, and even to die. Some of the characters, especially Mercutio, is especially typical of a youthful male. In the short time that he is present in this tragedy, he is lively, funny, energetic, moody, and likeable. Romeo, on the other hand, seems to d iffer from his contemporaries because he has an inner conflict. On the one hand, he wants to be the typical male just like his friends. When he falls in love with Juliet, however, he no longer has the urge to fight the Capulets and prove his manhood.Instead, he wants to be married and embrace his former enemies. When Tybalt wants to fight Romeo, Romeo no longer sees Tybalt as his enemy and in- directly tells him that he loves him as a relative. Unfortunately, Romeo’s conflict cannot be solved. His fate – and that of Juliet – is death, the typical ending for a tragic hero. The older males in this Romeo and Juliet are all very dominating because they are older and they are male. Both Sir Capulet and Sir Montague are the stereotypical father figures and dominating males in the play.It is only at the very end of the tragedy that they both realize their errors. The one male who is clearly the ultimate dominating character is Prince Escalus. However, his power does no t only come from his gender but also – and perhaps more so – from his position as the Prince of Verona. For the most part, the female characters play their part as stereotypical females; they tend to be weak and submissive. However, as stated before, their roles as females also strengthened the masculinity of the male characters. In all, gender roles are extremely obvious in Romeo and Juliet.

Euthanasia For life essays

Euthanasia For life essays In the magazine article entitled We Are Not Immune written by Ronald J. Glasser M.D. He discusses diseases, viruses and epidemics to Americans health. He argues that no matter what we do to prevent these sicknesses, we will never be immune. He also explains how the United States of America is not the best country for health care, contrary to popular belief. With all the money Americans spend on health care every year every one should be covered, but this is not the case in America. Meaning that the government is not doing enough to help its citizens. There are many things we can analysis in this lengthy article. The author is a doctor who is very knowledgeable on many aspects of medicine on people. He argues that the causes of illness in America are due to many factors. Not only are we to blame it is mostly the governments fault, for not giving accurate resources for its citizens to rely on. There are many premises the author of this article points out to the reader. 1. A public health system is only as strong as its weakest link. - Meaning that the health system is not as strong as we actually think it is. 2. Public-health departments across the country have never recovered from decades of cutbacks and downsizing. - The health system is still weak from tragedies. 3. Crytosporidium made its way to humans through runoffs from farmlands. - If we focused more of the causes we wouldnt need to focus on inventing a cure. I believe that the authors claims and evidence in this article is indeed very deductive and is producing an overall good argument on his points. Medical historians describe the last few decades as the age of the emerging plagues. Overpopulation, poverty, ecological devastation and of these factors conspire to create the conditions for unprecedented death by infectious disease (Glasser 1). I believe this quote is saying ...

Trends in Cybercrime IT Essay Example | Topics and Well Written Essays - 1500 words

Trends in Cybercrime IT - Essay Example Cyber crime is a serious issue that has caused many people to suffer. Until the year 2000 it was not considered as a crime punishable by law until it intensified and companies and individuals also including many government organizations became victims of cyber criminals and lost millions of dollars and data. Until now steps are being implemented to control cyber crimes and awareness is being spread by government to refrain people from becoming cyber criminals intentionally or unintentionally. Cyber crimes are the easiest to commit as this requires no physical skills and you can easily hide your identity without anyone knowing it might be your best friend. During the years cyber crimes kept changing it forms. First there were little viruses sent by emails that would infect a person’s computer and cause them to lose data and when antivirus programs came to their aid people began to develop ways to hack into other peoples and organizations computers to steal or manipulate their data. After playing such small games these cyber criminals became organized and started to think big and they developed ways to actually harm people in far serious ways. Cyber criminals devised ways to extort money from people posing as law enforcers to their aid. A cyber criminal ‘s profile in most of the crimes are still unknown as people make multiple accounts using fake identities or stealing other people’s accounts or their identities to carry on their unlawful activities. As the internet facilitates by connecting people through many ways where there is no physical interaction between the people involved, a man can easily pose as a woman and create a fake identity without the other person knowing who is actually behind the scene. Cyber criminals usually operate from places where they are not easily traceable and with the development of new software that enable to hide your IP it has become easier. The cyber criminals who were managed to get caught turned out to be mostly people of advanced computer knowledge. Internet scams or cyber crime has now taken many different forms. â€Å"A company managed to rob people totaling more than $53,000 by asking them to pay for shipping of their free samples that they never received (IC3, Internet

Physical security Term Paper Example | Topics and Well Written Essays - 2000 words

Physical security - Term Paper Example How these threats occur and what techniques an intruder may use to enter into and hack a system, has been given a consideration. Next, the approaches that can be used for the determent of physical attacks and the security measures that can be taken to secure the hardware, network and the power supply, have been discussed in detail. Suggestions have been given to improve measures to deter political security threats which are growing in today’s world of increasing violence. Proper monitoring of physical security systems is also very important and has been talked about. This report provides a good and basic understanding of the field of physical security and its importance in sustaining livelihood and success of an organization or a home-made business with a foolproof system to avoid physical access of the enemy. Physical security is generally defined as the measures taken to ensure the security of workforce, system devices and equipment, resources, documents and sensitive information stored on physical media (like hardware programs and networks) from damaging proceedings like unauthorized access, fire, espionage, burglary, theft, vandalism, accidental loss or intentional crime that could cause severe harm to an activity, organization or establishment. In addition to this, physical security also provides assistance on scheming of such structures which help in deterring hostile operations. In terms of computers and internet, physical security is defined as a blockade placed about a computing system using secured operating systems and other protective measures to prevent unauthorized access to the information stored on it. This kind of physical security can also be referred to as computer security or cyber security or logical security in which information is protected by operating systems and special softwares from unauthorized access. Moreover, the physical security of hardware has to be made

Human resource management and Employee Voice

Human resource management and Employee Voice Employee Voice Ensures Effective Performance Introduction Talking from the perspective of Human Resource Management (HRM), Employee Voice (EV) signifies the involvement of employees in organizational decision making. EV is an offshoot of the Participative Management Model which aims at achieving corporate goals through management-employee harmony. The chief ingredients of EV are Employee Participation and Employee Involvement. From the works of many management scholars it has been observed that though EV is a growing management concept, it has to go a long way before being universally accepted as a management practice. According to a research report, very few managers consider EV from the viewpoint of collective representation, though many are of the opinion that it contributes towards organisational performance (CIPD, 2001 P. 19). The concept is based on collective decision making by management and employees. Though its very difficult to implement this idea in a bureaucratic structure, a participative management can very well adopt it provided it is open to the idea of sharing decision making status with subordinates. In the course of this report I will try to justify the premise whether Employee Voice is a prerequisite to ensure effective performance of employees as well as that of organisations. Definition of Employee Voice Though it doesnt have any formal definition, Employee Voice has been explained in different ways by various scholars. While some of them have opined that it is a collection of employee activities that intend to forcefully modify the management policies and practices, others have suggested that it is a voluntary expression of employees ideas that aim at influencing organisational activities (Greenberg Edwards, 2009 P. 25-26). As has been conceptualised by some managers, EV may be defined as enhanced employee communications that facilitates exchange of opinions and ideas and upward problem-solving through collective representation and commitment (CIPD, 2001 P. 20). Purposes of Employee Voice The general purposes that Employee Voice serves in an organisation are as the following:  § Expression of employee dissatisfaction. This helps in solving problems with the management and also helps in maintain good relations.  § Collective expression helps in providing management with countervailing power.  § Employees contribute to the decision making process thereby make their requirements clear to the management.  § Mutual harmony is harnessed through EV. This in turn secures viability of the employees as well as the organisation (Armstrong, 2006 P. 808). From the purposes mentioned above, it is clear that EV contributes towards the overall growth of the organisation and also helps in enhancing its development in terms of work environment, quality and, above all, productivity. Owing to these facts, EV should be patronised by the management and it should also be ensured that employees feel free to voluntarily express their ideas and expectations on a regular basis. The management should also take measures to put the information generated from EV to the best use of the organisation in order to develop it on a regular basis. Classification of Employee Voice Employee Voice has immense corporate significance from the perspective of Industrial Democracy (ID) (Hyman Mason, 1995 P. 1-2). Generally, EV stems into two organizational phenomena Employee Participation (EP) and Employee Involvement (EI). Employee Participation Employee Participation can be conceptualised as the management initiatives which attract the employees to participate voluntarily in organisational activities through various awards and rewards. EP is manifested in the following ways: Employee Ownership Through various schemes, employees can hold shares of the organization and thus enjoy the usual rights of a shareholder (Lee, 1991 P. 2-5). This enhances the mutual responsibilities of both the organization and employees. On account of being shareholders, employees perform optimally towards greater scales of organisational success as that would reflect in their individual value as well. â€Å"ESOPs in the U.S. and U.K. are frequently cited as having a triad of objectives: to broaden the ownership base, stimulate investment and improve performance† (Lee, 1991 P. 4). Profit Sharing This is generally done in the form of payment of bonus in proportion to the organizations annual profit. This is a form of employee incentive which intends to enhance employees commitment (Lee, 1991 P. 5-6). Employee Involvement As the name suggests, the objective of Employee Involvement is to involve employees to a greater extent in the administrative activities of the organization. This helps in empowering the employees and also enlightens them to understand the corporate policies and activities in a better light. EI facilitates the psychological divide between employer and employees and endows the latter with some degree of decision making capacity. It has two major benefits firstly, through empowerment and decentralization the management is relieved of some portion of its administrative responsibilities and secondly, on being empowered the employees responsibility for organizational success increases and so does their accountability and commitment. EI also helps in uplifting employee morale and job satisfaction. Thus it enhances performance (Schafer Economic Policy Institute, 1996 P. 126-128). Workers Participation in Decision Making This is a self explanatory method of Employee Involvement in which a decentralised and participative management seeks employees contribution towards organizational decision making. It increases transparency and also enables both the employer and employees to identify and respect their mutual expectations. The objectives of EI are manifested through Quality Circles, Production Teams, Employee Directorship and Workers Council (Lee, 1991 P. 7). Employees Perception of Voice Employees generally feel threatened by a common notion that the management uses them as mere resources without any concern for their personal enrichment. They are also driven by the fear of losing their jobs. It is irrespective of the size and nature of the organisation, that employees are worried about job security and career development. EV gives the employees a common platform for uniting and conveying their views. Hence, employees primarily perceive EV as a mode of expression which helps them in sending across their message to the management. Managements View towards Employee Voice Though Employee Voice has been conceptualised through the works of various management authors, it is yet to gain global importance. The success of EV depends to a great extent on the management style (Dundon Rollinson, 2004 P. 57). Managements openness towards accepting EV as a developmental tool is crucial in shaping its outcomes. If and only if management encourages employees to voice their opinions and fosters a feeling of interdependence, the employees can express their ideas. The managers should also utilize the voice mechanisms in order to making their decision making easier. It is apparent that unless a proper participative management model is implemented in an organization, it is difficult for the managers to fully appreciate the importance of EV. It can come into being only when a company works towards achieving industrial democracy (Boxall, Boxall, Purcell Wright, 2007 P. 231-233). United We Stand, Divided We Fall This is the fundamental paradigm behind Employee Voice. The management should brace itself to decentralise power and control and should take employees ideas into serious consideration because the latters contribution toward organisational throughput is immense. Owing to fact that employees are invaluable resources, it is just to empower them so that they may provide the management with finer ingredients to enhance performance. It has been largely suggested that healthy labour relations plays an important role in shaping organisational productivity (Pfeffer, 1998 P. 228). Participative management has been proven to be the healthiest of management styles owing to the fact that it though employee empowerment, it enhances the speed of communication and thus other organisational processes are also enhanced proportionally. Employee Voice and Organizational Performance Generally, lack of proper communication leads to organisational conflicts. Employee Voice helps in bettering employer-employee relationship through information flow. It has been observed that though different measures of Employee Participation and Employee Involvement are necessary for organisational performance, management employee interrelationship plays an equally important role in enhancing job satisfaction and hence in enhancing organisational productivity (Brown Heywood, 2002 P. 103). In the context of EV, we may also analyse the psychological contracts that are involved with employment. Management employee interrelationships are largely based upon exchange of services and compensation. This often leads the employees psyche to be uncooperative with the managements growth strategies. The situation can be made favourable through a synergistic relationship that will exist in a wider â€Å"zone of negotiability† (Anderson, Ones, Sinangil Viswesvaran, 2002 P. 133-136). Though EV ensures better performance, the management must take proper initiatives in order to make it a sustainable trend. We should appreciate EV as a collective manifestation of good management practices, industrial democracy and employee unity. The management should introduce self management training modules for the employees. Training and education helps in developing the value system and perceptions of individuals. The voice of developed employees will be in sync with that of the management in issues related to organisational development and profitability, or at least they wont feel alienated and exploited during such discussions (Smither London, 2009 P. 377-379). Since 1980s, employee relationships have undergone a lot of change in the U.K. mostly there have been emphasis on non-union employee representation (NER) and partnership. These have also been developments whereby the management has to inform the employees in regular intervals matters pertaining to organizational performance as well as strategic planning (Gollan, 2005 P. 238-239). It is worth noting that high performance comes with high levels of commitment. The same concept also applies to employees. Highly motivated and committed employees tend to identify with the organisation and hence perform optimally. It goes beyond saying that enhanced commitment is a result of employee satisfaction. Thus, a goal oriented organisation should continually try to empower its employees through various ways patronising EV being one of them (Beer, 2009 P.276). Another study shows that unionised employees show lesser trends of attrition. EV imparts a sense of collective security to the employees and thus management faces lesser problems regarding their retention (Barrett Mayson, 2008 P. 468). Again, thinking more practically, we find that in general productivity and performance are not the primary interests of employee unions. They are more concerned about compensation and benefits, employees rights, etc. According to Kelley and Harrison, increased productivity is a by product of unions and is different from their central goals (Kaufman, Kleiner Industrial Relations Research Association, 1993 P. 191). Various works in the recent decades have suggested ways to reduce employee anxieties such as job security, which can be adopted by the management. Restrictions on downsizing the employee base may enhance employee loyalty which in turn will have positive effects on job satisfaction and performance (Cooke, 2003 P. 76). Apart from being provided with alternative arrangements such as flexible working hours, job sharing and telecommuting, employees should also form an integral part of the performance appraisal system. A successful performance appraisal system should be participative and transparent (Nelson, 2007 P. 173-174). Irrespective of the organisational size and the state of unionisation, employees tend to deliver their best when they have a proper knowledge about their duties and rights and also have an opportunity to address their views to the management. As management structures are becoming increasingly flatter, it is important for each employee to have a comprehensive knowledge as to how to be sel sufficient at work (Gennard Judge, 2005 P. 185). As a matter of fact, when management employee interrelationship operates at a high level thereby strengthening the process of communication, the organisation will be able to solve nearly all its internal issues without any third part involvement. This enhances the integrity of the organisation (Schafer Economic Policy Institute, 1996 P. 127). Communication can be successful only when EV is patronised. Communication is largely a managerial function and responsibility. The managers should ensure that information flows both in the upward as well as downward directions and also through collective channels. Staff communication policy should be formulated and improvised as per requirements (Brewster, Hegewisch, Price, Waterhouse Co. Cranfield School of Management, 1994 P. 163-165). Another way to enhance EV is through harmonisation whereby differences in status are reduced. This encourages employees to freely express their ideas (Marchington, Wilkinson, Sargeant CIPD, 2002 P. 187). This measure calls for the flattening of management structure and also requires counselling across hierarchies to make the change acceptable. As it is being greatly clear that successful EV is an outcome of well coordinated communication, it is important to minimise the common barriers to communication and to develop a general climate that advocates as well as facilitates communication across hierarchies (Roodman Roodman, 1973 P. 57). EV endows employees with the right to control their career. This is a basic human need which needs to be satisfied in order to ensure commitment to work. At the same time it also reduces the supervisory responsibilities of the management and allows them more time for strategising (Pendleton, 2001 P. 108-113). This is reflected in the words of the Production Director, Weaveco, â€Å"it probably started by preaching to our employees, then we started talking to them but then the next thing is to start listening, and I think the listening is more through the DITs where they get involved in solving problems† (Stuart Martinez-Lucio, 2005 P. 33). Participation is further enhanced though employees representation in the Board of Directors. This consolidates the stand of the employees as an inseparable element in organisational success. Apart from this the corporate policy should support individual self determination, codetermination and collective bargaining for employees to voice their ideas and necessities. There should be a symbiotic association between the management and employees to work towards a common goal (Wilkinson, Gollan Marchington, 2010, P. 487 496). Employee participation in any organisational activity tends to increase with their personal involvement. With an increase in involvement the employees naturally perform optimally thereby proving that EV is of immense importance in enhancing organisational performance and productivity (Kirkman, Lowe Young, 1999 P. 42). According to a research by the U.S. General Accounting Office Employee Ownership, together with Employee Participation in organisational decision making, can improve the overall performance of the organisation (Harris, National Research Council (U.S.), Committee on Human Factors, National Research Council (U.S.) Panel on Organizational Linkages, 1994 P. 83). Thus it is justified that employees being key elements in the organisational processes should be taken into serious consideration from the perspective of management decision making for the betterment of organisational practices. This helps in widening the spectrum of decisional alternatives and facilitates the process through the collective approach. Management employee harmonisation also helps in bringing the two entities closer and the mutual understanding thus achieved, helps in identifying common goals. Negative Impact of Employee Voice Unabated EV, if not monitored carefully may lead to an upsurge of collective emotions and employees try to devise outrageous mechanisms to vent out the same. To avoid such eruptions, the management should by empathetic in listening to the employees on a regular basis and also allow room for collective bargaining in order to arrive at moderated conclusions wherever possible. Otherwise, EV may take to hostility against the organisation and disrupt its operations through non cooperative activities such as strikes, etc. Conclusion In the course of the report we have found that EV plays an important role in shaping the organisational processes and enhancing the overall efficiency, performance and productivity. It is a tool which can best be used by a participative management model wherein it is the aim of the management to empower the employees through providing certain degree of autonomy in terms of decision making. Thus EV also reduces the managements decision making burden. In flattened organisations it is highly necessary that individual employees have voice. This is necessary because it helps the employees to express their dissatisfactions too the management. Any corrective response by the management acts as a grievance management tool, increases employee job satisfaction, enhances their morale and commitment and thereby helps in enhancing organisational performance. Through the enhanced flow of information, administrative and process related activities become faster. It also enhances overall coordination among departments and across hierarchies. References Anderson, N., Ones, S. D., Sinangil, K. H. Viswesvaran, C. 2002. Handbook of Industrial, Work Organizational Psychology: Organizational Psychology. 2nd ed. SAGE. Armstrong, M. 2006. A Handbook of Human Resource Management Practice. 10th ed. Kogan Page Publishers. Barrett, R. Mayson, S. 2008. International Handbook of Entrepreneurship and HRM. Edward Elgar Publishing. Beer, M. 2009. High Commitment High Performance: How to Build a Resilient Organization for Sustained Advantage. John Wiley and Sons. Boxall, F. P., Boxall, P., Purcell, J. Wright, M. P. 2007. The Oxford Handbook of Human Resource Management. Oxford University Press. Brewster, C., Hegewisch, A., Price, Waterhouse Co. Cranfield School of Management. 1994. Policy and Practice in European Human Resource Management: The Price Waterhouse Cranfield Survey. Routledge. Brown, M. Heywood, S. J. 2002. Paying for Performance: An International Comparison. M. E. Sharpe. CIPD. 2001. Management Choice and Employee Voice. CIPD Publishing. Cooke, N. W. 2003. Multinational Companies and Global Human Resource Strategies. Greenwood Publishing Group. Dundon, T. Rollinson, D. 2004. Employment Relations in Non Union Firms. Routledge. Gennard, J. Judge. G. 2005. Employee Relations. 4th ed. CIPD Publishing. Gollan, J. P. 2005. Voice and Non-Union Workplace. 27th vol. 3rd issue. Emerald Group Publishing. Greenberg, J. Edwards, S. M. 2009. Voice and Silence in Organizations. Emerald Group Publishing. Harris, H. D., National Research Council (U.S.), Committee on Human Factors, National Research Council (U.S.) Panel on Organizational Linkages. 1994. Organizational Linkages: Understanding the Productivity Paradox. National Academies Press. Hyman, J. Mason, B. 1995. Managing Employee Involving and Participation. SAGE. Kaufman,E. B., Kleiner,M. M. Industrial Relations Research Association. 1993. Employee Representation: Alternatives and Future Directions. Cornell University Press. Kirkman, L. B., Lowe, B. K. Young, P. D. 1999. High-performance Work Organizations: Definitions, Practices, and an Annotated Bibliography. Center for Creative Leadership. Lee, W. B. 1991. Should Employee Participation be Part of Privatization? World Bank Publications. Marchington, M., Wilkinson, A., Sargeant, M. CIPD. 2002. People Management and Development: Human Resource Management at Work. 2nd ed. CIPD Publishing. Nelson, B. 2007. The Management Bible. Wiley India. Pendleton, A. 2001. Employee Ownership, Participation and Governance: A Study of ESOPs in the UK. Routledge. Pfeffer, J. 1998. The Human Equation: Building Profits by Putting People First. Harvard Business Press. Roodman, H. Roodman, Z. 1973. Management by Communication. Taylor Francis. Schafer, T. Economic Policy Institute. 1996. Reclaiming Prosperity: A Blueprint for Progressive Economic Reform. M. E. Sharpe. Smither, W. J. London, M. 2009. Performance Management: Putting Research into Practice. John Wiley and Sons. Stuart, M. Martinez-Lucio, M. 2005. Partnership and Modernisation in Employment Relations. Routledge. Wilkinson, A., Gollan, J. P. Marchington, M. 2010. The Oxford Handbook of Participation in Organizations. Oxford University Press. Bibliography Armstrong, M. Stephens, T. 2005. A Handbook of Employee Reward Management and Practice. Kogan Page Publishers. Beaumont, B. P., Hunter, C. L. CIPD. 2003. Information and Consultation: From Compliance to Performance. CIPD Publishing. Bennett, T. J. Kaufman, E. B. 2002. The Future of Private Sector Unionism in the United States. 7th ed. M. E. Sharpe. Gospel, H. Pendleton, A. 2006. Corporate Governance and Labour Management: An International Comparison. Oxford University Press. Marshall, F. R. Marshall, R. F. 2000. Back to Shared Prosperity: The Growing inequality of Wealth and Income in America. M. E. Sharpe. Nicotera, M. A. 1995. Conflict and Organizations: Communicative Processes. SUNY Press. Winstanley, D. Woodall, J. 2000. Ethical Issues in Contemporary Human Resource Management. Palgrave Macmillan. Wunnava, V. P. 2004. The Changing Role of Unions: New Forms of Representation. M. E. Sharpe.

Mainstreaming Children in the Classroom Essay -- Mainstreaming Classroo

Mainstreaming Children in the Classroom The idea of mainstreaming children is an incredible idea. By integrating classes, it requires changes in organizational management. For children to be mainstreamed it takes great devotion from directors, teachers and families. It is important to understand that the mainstreaming of children with disabilities should not be implemented according to a certain standard model. This process is an individual one (Daniels, E & Stafford, K. 2001). Mainstreaming of children is based on the belief that education of every child should be individual. This states that every child has their own individual right to go to a normal school if that’s what they would like. Advantages for Mainstreaming Children Many people believe that disabled children should be mainstreamed in normal educational environments. Mainstreaming students with disabilities has many advantages. One main advantage is simply forming relationships with different types of children. They can adapt to "playing" with normal children and the normal children can adapt to the disabled. Starting the children off early by mainstreaming, both the normal and the disabled children can learn that there are other worlds out there other than their own. This can be a huge step in today’s society. By forming relationships with people that are different than you, the children will learn that there is nothing wrong with doing so and they will grow up making friends that are different from them. This will teach the children that even though they have differences, they are both still kids that like to have fun and be educated. Mainstreamed children also find that even though they learn differently, they may have the same hobbies and common interes... ...th/family/family-1.html Daniels, E. and Stafford, K. Mainstreaming Children with Special Needs. Retrieved October 28, 2008, from http://www.children.lviv.ua/involve.html. Burnett, J.(2002) Mainstreaming Ourselves. Retrieved November 15, 2008. http://www.raggededgemagazine.com/0702/0702ft4.html URL: Uniform Resource Locator: http://www2.edc.org/NCIP/ Horner, R. (2001). Special Education Resources on the Web. Retrieved November 17, 2008 from http://seriweb.com/ URL: Uniform Resource Locator: http://www.dssc.org/frc/ Kennedy, E. (1999) Special Needs in Schools. Wellington Newspaper Limited. Retrieved October 7, 2008 from Academic Search/EBSCO database. Siegel, Ernest. (1969). Special Education in the Regular Classroom. New York: John Day Co. Halsey, William. (1984). Dictionary for Students. New York: Macmillan Publishing Company.

More Than a Good Story Essay

As the top managers of their company, there are many issues that Bert and John must deal with. New issues arise on a daily basis when managing any organization. However, I believe that Bert and John have already encountered and dealt with the issues that were a threat to the company’s success. Such issues may have included; the business outgrowing its staff, developing a system which best fit the company’s needs, and also implementing a system the company will not outgrow. At the beginning stages of the company I believe the most important management function would have been planning. The management function that I believe is most important to Bert and John today, is leading. They seek out employees who possess the same attitude about life as they do, which is that â€Å"Life is Good†. Bert and John’s style of managing is guided by another of the company’s mottoes, â€Å"Do what you like. Like what you do† (Robbins & Coulter, 2012). It is even stated on their company’s website that, â€Å"In addition to knowledge, skills, and experience, we look to hire people who possess the same optimistic outlook on life that Jake has.† They encourage a carefree work environment and I believe that has a lot to do with their success. Another reason I feel that leading is the most important management function to Bert and John is because of their strong commitment to good causes. Their commitment to raising funds for non-profit organizations is surely an inspiration to their employees. â€Å"A manager that is an inspiration means that employees will follow that person because they believe in what the manager is doing and they are trying to help the company achieve its goals† (Rothbauer-Wanish, 2009). Bert and John’s managerial style is much different than what most people may be accustomed to. While they are looking to expand the company, they are not doing it for personal gain. They seek out employees who share their same outlook on life, which is that â€Å"Life is Good.† While this approach has proven to be successful for Bert and John, I don’t believe this same approach would bring such success to other organizations. The reason being, that many organizations do not have the luxury of projecting such a carefree work environment, because their mission requires a more serious approach. The company’s motto â€Å"Do what you like. Like what you do† might affect how managers manage because the message itself is uplifting. This motto encourages employees to get involved with the company on a more personal level. I believe that this motto and the overall vibe of Bert and John’s company has a lot to do with its success. I have never worked in a company where the top concern was if I enjoyed my job, but I sure would like to one day. If I were a consultant hired to take this company forward, my first suggestion would be to keep the company motto and carefree message the company currently has. I’m sure that Bert and John would agree. As Bert stated in an interview with Allister & Paine magazine, â€Å"From a business standpoint it’s extremely effective because there’s a magnetic emotional connection to those three simple words and it’s something that all of culture is starving for† (Allister & Paine, 2011). My second suggestion would be to participate in social networking. Bert and John seem to have a mindset of staying true to the individuals they were when they lived in their van and sole tee shirts on street corners. I would stress the fact that social networking is an excellent marketing tool and that by utilizing it they would not be â€Å"selling out.† Any other suggestions I have would not be to change the company’s structure but to build on the framework that is already in place. I feel that Bert and John have made the company the success it is today because they truly believe in what they are doing. Hewlitt’s Global Research found the five characteristics of the best employers are: 1) Inspired leadership, 2) Unique company culture, 3) Focus on growing talent, 4) Strong sense of accountability, and 5) Aligned HR practices and excellent execution (Hewitt Associates LLC, 2009). These are all characteristics that Bert and John possess, which has a lot to do with their company’s success. Since 1989 when Bert and John designed their very first tee shirt to the present they have turned their idea into a multi-million dollar company. They went from setting up a card table on street corners and living out of their van to organizing fundraisers that bring in millions of dollars for non-profit organizations. Their journey is definitely â€Å"More than a Good Story,† and an inspiration to anyone who aspires to own their own company. References Allister & Paine. (2011, November 7). Life is Good. Allister & Paine. The Digital Magazine for21st Century Executives. Retrieved from http://alisterpaine.com/2011/11/07/an-interviewwith-the-founders-ceo-of-life-is-good/ Hewitt Associates LLC. (2009). What Makes a Company a Best Employer? Retrieved fromhttps://ceplb03.hewitt.com/bestemployers/pdfs/BestEmployer.pdf Robbins, S.P., & Coulter, M. (2012). Management (11th ed.). Upper Saddle River, New Jersey:Pearson Education, Inc. Rothbauer-Wanish, H. (2009, June 9). Leading as a Management Function. BusinessManagement. Retrieved from http://suite101.com/article/leading-as-a-managementfunct

Essay on Clarkson Lumber questions - 1317 Words

Clarkson Lumber Company 1. Identify the key problem in the case and explaining why it is the key problem. Clarkson Lumber Company’s biggest problem by far is the fact that Mr. Clarkson had agreed to buy out Mr. Holtz for $200,000 with semi-annual installments of $50,000. It wasn’t necessarily a bad idea for Mr. Clarkson to buy out Mr. Holtz altogether, but the $100,000/year of payments is an unrealistic amount for Clarkson Lumber at this point in time. Between 1993 and 1995, there hasn’t been a year where they have realized more than $77,000 in net income, so the payment of $100,000/year is clearly unrealistic and a sure problem for the company. Another problem, which isn’t nearly as important as the former, is that net income is growing†¦show more content†¦This bank loan helped finance the increase in property and other related assets. The sponaneous assets that were increased as a result of an increase in sales were financed by an increase in sponaneous liabilities. Spontaneous liabilities have grown by 35%, which supports the claim that they finan ce the increase in accounts receivable and inventories. In the period between 1993-1995, the financial strength of Clarkson Lumber has deteriorated significantly. As seen from the financial ratios excel spreadsheet attached, the current and quick ratios have been gone down substantially. This means that the company’s ability to meet its short term obligations has deteriorated. Furthermore, the return on sales and return on assets have also gone down, which means that their increase in net income has not stayed consistent with the increase in sales and increase in assets to finance these sales. Their falling inventory turnover ratio means that even though their sales are increasing, they are not moving inventory at the same pace they had before. Their low accounts receivable turnover ratio and high dales sales outstanding indicates that there’s a large amount of money tied in this account. 4. How attractive is it to take the trade discounts? Trade discounts are very beneficial to a company, especially when these trades are of significant amounts. In the case of Clarkson Lumber, they can save 2% on a payment that is made within 10 days, which would saveShow MoreRelatedClarkson Lumber1188 Words   |  5 Pageshult international business school | Clarkson Lumber Company | | | Adeeb Valiulla | 1/3/2011 | | Summary Experiencing rapid growth in business and generating fairly good profits, Mr. Keith Clarkson the sole owner and president of The Clarkson Lumber Company still faced a shortage of cash and found it necessary to increase his borrowings, he was therefore on a look-out to start off a new banking relationship where he could not only borrow a larger loan amount but also one thatRead MoreClarkson Lumber1278 Words   |  6 PagesI. Introduction Clarkson Lumber Company has been in growth during recent years and anticipated a further increase in sales. Despite of consistent profits, the company has suffered shortage of cash and borrowed fund needed for its business growth. Question #1 Increasing amount of borrowing despite of its consistent profitability came from following reasons. First is the firm’s financial position. As sales have increased by 60% from 1993-1995, the assets that support increase of sales increasedRead MoreCase Study Questions1885 Words   |  8 PagesCase Study Questions Clarkson Lumber Company The Clarkson Lumber Company case is divided into 3 parts. Part I deals with assessing the financial performance of the firm. For this section you need to able to understand why Clarkson Company is so short of funds despite its record of profitable operations and, in this connection, develop the distinction between profits and cash requirements. An important contribution in this part is to emphasize the dichotomy between accounting income and cashRead More432 Objectives Wk 11 2002740 Words   |  3 Pagessustainable growth rate for a firm (3) Discuss the importance of financial flexibility and critically assess the trade-offs from use of various financial options in implementing a firm’s strategy Suggested Review Reading for next Class RWJ, Chapter 18 Questions for Next Case (November 18, 2002*, Avon Products) * Note change in date in response to student preferences (1) Evaluate Avon’s investment and financing decisions in the late 1980’s. Why was Avon restructuring its business in 1988? Did the changesRead MoreFin 44131963 Words   |  8 Pages Thursday, January 19: Clarkson Lumber Company Reading: Note on Financial Analysis a. How is the company s financial performance? (Examine  appropriate financial ratios.) b. Why has Clarkson Lumber borrowed increasing amounts despite its consistent profitability? c. How has Mr. Clarkson met the financing needs of the company during the period 1993 through 1995? Has the financial strength of Clarkson Lumber improved or deterioratedRead MoreMarketing Principle Quiz20161 Words   |  81 PagesChapter 1   Question 1 | 1 out of 1 points    | | For many years, Procter amp; Gamble (Pamp;G) viewed its Ivory soap as just plain old soap—and not as a cleansing product that could provide other benefits as well. When it came to Ivory soap, Pamp;G focused on how well it made the soap and not on what customers wanted from a bar of soap. It had a _____ orientation. | | | | | Selected Answer: |   a.   production | Correct Answer: |   a.   production | Feedback: | The production orientationRead MoreProject Mgmt296381 Words   |  1186 Pagesas well as new research highlights that continue to promote practical application of project management. Overall the text addresses the major questions and issues the authors have encountered over their 60 combined years of teaching project management and consulting with practicing project managers in domestic and foreign environments. The following questions represent the issues and problems practicing project managers find consuming most of their effort: What is the strategic role of projects in