The current debate and developments in accounting for leases for Essay

The present discussion and advancements in representing leases for residents - Essay Example This report gives the conversation with respect to the purposes for previously mentioned changes in measures. Keeping up center from the renter perspective, this report assembles the new proposition for residents with respect to the ‘right to use’ model. In addition, it will examine the effect of proposed changes on the organizations overall utilizing global measures in the arrangement of their fiscal reports. Presentation Lease is basically a type of tenant contract where the proprietor (lessor) gets rentals from tenant. Relating to referenced rentals, tenant increases option to utilize the benefits (EZ Technical, 2009). Rent is a significant wellspring of money for business and to give the right image of business, it must give the wellspring of this significant data in the fiscal report (Roberts, Weetman, Gordon, 2008). As of now, rent under working class doesn't give this data (Melville, 2011). Along these lines, to guarantee the budget summaries speak to rent exchang es in congruity with business embodiment and not in as indicated by the authoritative document just, International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB) proposed new way to deal with rent bookkeeping (Cotter, 2012). ... Thus, factors deciding lease as money rent are additionally referenced beneath (Kelly and Kelly, 2009): The responsibility for resource is at last moved to the renter toward the finish of understanding term. Dangers, for example, cost of support, out of date quality because of innovative headway and so forth are completely moved to tenant. Prizes relating to directly on benefit from the utilization of advantage just as picking up advantage for its entire helpful life are moved to renter. The resident can buy the benefit at a cost outstandingly beneath than its reasonable worth. Or on the other hand it has option to expand the rent for auxiliary term at lease extensively beneath showcase esteem. The significant bit of valuable life or the financial existence of benefits is accounted in rent term. Normally 75% of advantage life is accounted in term. At the hour of rent understanding, present estimation of the base rent installments speak to the generous reasonable estimation of the ren ted resource. If there should be an occurrence of undoing of understanding the charges are to be borne by resident. In the light of these components, understanding can be characterized as money. If there should arise an occurrence of the rent understanding doesn't represent the talked about conditions it will be then viewed as working lease. PROPOSED STANDARD-EXPOSURE DRAFT ED/2010/9 LEASES International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB) on 17 August 2010 distributed proposition Exposure Draft ED/2010/9 Leases (Hales, Venkataraman, and Wilks, 2012). This draft recommended new way to deal with rent representing residents and lessor. The new draft recommended substitution of IAS 17 and change in bookkeeping treatment of rent significantly (Eames, 2011). Explicit to resident, ED/2010/9 Leases proposes â€Å"right of use† model where the renter would

Two Recent Merger and Acquisition Cases Essay Example | Topics and Well Written Essays - 500 words

Two Recent Merger and Acquisition Cases - Essay Example A merger happens when two firms coordinate their abilities and intuition with one another to make the most of business openings or avoid dangers. Some of the time the choice to union can be to build size because of legitimate for example capital necessities, or to procure efficiencies, gifts or market access in a very surprising yet integral field of business attempt. In a securing, be that as it may, one firm is purchased altogether by another at a cost that might be caused open or revealed to just to the partners and the important Government specialists. Unmistakably the two firms ought to get something out of the corporate arrangement or the impacts are not durable. Without a doubt it has been seen that numerous member laborers and chiefs are found mourning the past when things were a lot less difficult and better-anyway they are compelled to manage the circumstance ‘as is now’ and have invested an excessive amount of exertion to loosen up the arrangement once more. O ne securing that occurred in the human services industry between September-October 2010 was that of ZymoGenetics, Inc. being purchased by Bristol Myers Squibb (BMS) for US$885 Million. With this obtaining, BMS trusted that it would pick up advances into the battle against malignant growth, hepatitis C, and different infections for which ZymoGenetics as of now had some exploration items in the pipeline.

Alternative Medicines Final Free Essays

Investigate how western (aliphatic) medication could profit by fusing progressively eastern (all encompassing) medication. Use in any event three explicit models. (6 focuses) Aliphatic medication could profit by numerous individuals of the standards of comprehensive medication. We will compose a custom exposition test on Elective Medicines Final or on the other hand any comparable point just for you Request Now One of the eight fundamental standards of all encompassing human services is that wellbeing requires an Integration of psyche, body and soul. This Idea Is available In reflection and research recommends that the individuals who ruminate are more beneficial. Particularly concerning pressure Induced Illnesses. Western medication could likewise profit by the possibility that the individual must assert arms stockpile duty regarding their own wellbeing. Again and again in our general public individuals don’t need to change the propensities that are making them undesirable. Another rule that could give advantage to western medication is the possibility that ailment is a procedure and gives a chance to self-improvement. As of now western medication sees illness as a negative and spotlights on treating side effects. 2. You are building up a cardiovascular recovery class for patients after they have heart medical procedure. You could utilize Respiratory One Method, Mindfulness Meditation, or Imagery. Clarify which one you decide to utilize and why. 4 focuses) Studies Indicate that ROOM Is a viable treatment In cardiovascular clutters, diminishing PC’s and Instances of SW, anyway it doesn't determine post heart medical procedure results. Then again symbolism has end up being useful pre and post medical procedure in recuperation times. Symbolism shows to profit blowfly, lessen irritation, diminish uneasiness, help with torment and even improve disease patients results. In light of it’s wide scope of advantages, I would use Imagery. 3. You need to attempt an Eastern treatment (Traditional Chinese Medicine, Acupuncture, or Arrived) for your asthma. Pick one and depict your thinking. (4 focuses) I would pick Acupuncture dependent on the exploration and tests referenced in the book. A few distinct examinations by Berger and Fund Indicate † needle therapy better than trick needle therapy for diminishing intense side effects of loathe. † peg 330. In perusing all through the book, I couldn't discover any proof with respect to the next treatment choices according to asthma. Different tests led referenced on pages 335-337 show enhancements in different manifestations in regards to asthma. . You are encountering incessant low back torment. Clarify which elective wellbeing professional you will volt and detail the reasons why you pick him/her. (4 focuses) treatment would have been the best treatment choice. Nonetheless, while examining this inquiry I found that dynamic unwinding has demonstrated advantage just as the capacity to build torment resilience. Needle therapy is by all accounts the best treatment choice as there are more investigations that help its adequacy. 5. You have a contamination and choose to supplement your professionally prescribed medication with fragrant healing. Depict which basic oil you pick, what technique for application ND why. (4 focuses) I would pick Lavender as a topical application to the contaminated site. â€Å"in 1910 Gatehouse consumed himself severely in a lab test. † He utilized Lavender as a wash to treat the gangrene that created at the consume site. This fundamental oil halted the gasification of the tissue. 6. You are encountering an upsetting time in your life. Evaluate which reciprocal or elective wellbeing treatments you will consolidate into your timetable to decrease your pressure. Assess how they will profit you. Pick at any rate three. (6 focuses) Fragrance based treatment: â€Å"Certain basic oils, for example, lavender, rose, enlist and vituperating are well known† for the capacity to conceivably diminish pressure. Basic oils can possibly lessen pressure, initiate profound unwinding and advance better rest. Music Therapy: Research demonstrates that music can influence temperament states, decline agony and increment subjective capacity. Music choice must be suitable to the ideal impact. Exercise: Research finished up, † High pressure understudies who took an interest in an activity program detailed more prominent declines in wretchedness than the individuals who explained in an unwinding program or no treatment. Another investigation showed a high force exercise program essentially diminished mental strain. 7. You are picking a home grown solution for take for tension. Analyze which herb you pick and why, including pharmacological properties, activity, reactions, and cooperations. (4 focuses) I would pick Kava as it is considered non-addictive uneasiness diminishing operator similar to painlessness’s. It has shown impacts as a soothing, pain relieving, anticonvulsant and muscle relaxant. Kava appears to follow up on he limbic framework, which directs the passionate procedure in the mind. Reactions incorporate drowsiness and at high portions it can expand RFC, cause blood in the pee, decline platelet tally and cause brevity of breath. Research shows that utilizing kava significantly following 3 months can bring about liver disappointment and passing. So extraordinary alert should be utilized in taking this herb. Treatment could help an athlete’s execution. Pick a game and be explicit. (4 focuses) Football players face mind boggling sway on Joints, muscle tissues, ligaments and tendons. It is basic for them to get proficient back rub to address these harmed and focused on territories. Advantages of back rub would influence the circulatory and solid frameworks by expanding dissemination and improving venous return. Measurably critical outcomes in diminishing welling has been watched. Football players would likewise profit by back rub and its impacts that it has on the skeletal framework. It would expand Joint portability and adaptability. Back rub would likewise extraordinarily profit the sensory system in lessening torment reaction and expanding unwinding. 9. Break down the lawful and moral issues of actualizing Erik vitality treatment into the medical clinic setting. 4 focuses) The legitimate issues with respect to actualizing Erik treatment into emergency clinics are there are no perceived administrative or administering board. So the preparation, training and conventions are conflicting and emergency clinics can't ensure the nature of treatment or care offered by these experts. Accordingly they can’t morally suggest these medications with no gauges of ca re. 10. In light of your family ancestry, you are worried about getting malignancy. Assess cap steps you could change in your condition to diminish your wellbeing hazard. The most effective method to refer to Alternative Medicines Final, Papers

Promote equality and Inclusion in health and social Essay

Decent variety, Equality and Inclusion. Decent variety Decent variety is the distinction among people and gatherings. This can be the distinctions in culture, nationality, ethnic starting point, religion, convictions, sexual direction, sex, age, social class or capacities. Uniformity Uniformity is the advancement of people rights; it is giving the individual decision and opportunity. It is giving the individual regard and treating them reasonable. As a wellbeing and social consideration specialist you ought to give care and backing to meet the own people needs and inclinations. see more:inclusion in wellbeing and social consideration Consideration In wellbeing and Social consideration Inclusion is the point at which the people are at the focal point of arranging and backing. A case of this is giving individual focused consideration designs and guarantee that the individual was a piece of assembling this. Separation and Inclusive Practice There are a wide range of types of segregation, Ëœdirect separation, Ëœindirect segregation, and Ëœinstitutional segregation. Separation can prompt people being dealt with less well than others, losing chances for circumstance, become marked and be generalized and can cause lost confidence. Comprehensive practice advances equity and supports assorted variety. In wellbeing and social consideration settings there are arrangements and strategies that advance comprehensive practice and challenge segregation, they advance rights, enable people and expel any hindrances confining them. People contrasts ought to be esteemed and celebrated. Working in an Inclusive manner. In wellbeing and Social consideration there are enactments, codes of training and strategies in the working environment setting identifying with correspondence, decent variety and discrimination. These incorporate the human rights act 1998, the incapacity segregation act 2005, Special instructive needs and handicap act 2001, Race relations (Amendment) act 2000, The uniformity demonstration 2010, and the European show on human rights. The manner in which you associate with an individual can show whether you regard that people convictions, culture, qualities and inclinations. In your work environment setting, regardless of whether you are connecting with partners or administration clients it is significant that you utilize undivided attention and is useful on the off chance that you have an information on people, for instance convictions, societies, qualities and inclinations. Have the option to keep up and people classification where proper and convey in the people incline toward technique. Advance decent variety, balance and Inclusion A case of Inclusive practice is empowering decisions, freedom, engaging them as people and expelling any hindrances to get to. Advance uniformity and rights, for instance opportunitys ought to be given and the entrance as indicated by the people needs. As a wellbeing and social consideration specialist it is significant that you can perceive separation and challenge it. Perceive generalizations in perspectives or composed materials and comprehend and have the option to adjust own convictions and mentalities. You should realize how to report concerns with respect to segregation as indicated by own arrangement and strategies.

Schopenhauers Will And Representation Example

Schopenhauer's Will And Representation Example Schopenhauer's Will And Representation â€" Essay Example > Schopenhauer's Will and Representation IntroductionThe world we 'see' through our eyes is just a representation of the true reality, and these representations are the only things that can be explained by science. These things and events are however only a representation, and behind the appearance of this is the ultimate and true reality, a driving force named the will. The real world of the will is objectified, or pictured, or represented, by the phenomena which we wrongly take to be real ourselves. The nature of this metaphysical will, or in other words the 'ultimate reality', is fundamentally cruel and evil. All we see is the world objectified by our five senses, a filtered version of the true reality. So as we cannot see the whole world only through these five senses and our perceptions of space, time and causality which are all in our head. Schopenhauer’s Claim Schopenhauer believed we could bridge this gap between the material and real world through philosophy. Because we c an only perceive objects through our five senses Schopenhauer reasons that the perceiving subject and the perceived object cannot be separated. They exist only for each other, and therefore existing only relatively. Our bodies themselves are only a representation of the will, and our actions are only a picture of the will. Schopenhauer concludes by saying that the will has no ends or purpose, it is just there. (Atwell, 1990, 69) The Ultimate reality is gloomy and unpleasant. Sexual life, for example, can only result in two endings. Firstly, frustrated longings and secondly, an expense of spirit in a waste of shame. (Atwell, 1990, 71) The Will causes strife, which can especially be seen in man. Schopenhauer said 'homo homini lupus; man is a wolf to man. ' Schopenhauer thought we should deny ourselves and not give in to the Will. He believed the only way we could escape its forces are to deny the Will's forces and to contemplate or create art, as this suppresses the Will because we do not desire to possess the art i. e. art for arts sake. ( Atwell, 1990, 72)Schopenhauer's Characterization of the WillSchopenhauer World as Will and Representation develops the theory of the will as the fundamental metaphysical principle and the Kantian thing in itself. (Young, 1987, 434) According to Schopenhauer, everything within the phenomenal world, or the world of representation, is a manifestation of the will. (Atwell, 1995, 122) Our individual human wills are but local manifestations of the same will, which is the whole world's underlying reality. (Young, 1987, 441)Objections to Schopenhauer’s ClaimHis cure for the Will and its negative consequences is for us not to desire, which is actually very close to the Buddhism philosophy. However, the main problem is, if you desire not to desire, is that in itself a desire? Buddhism says it is possible to allow the will to 'fade away', which is not very clear as this suggests that the Will has a conscious and will come and go w hen it pleases. (Atwell, 1995, 127)Will is Directionless The will is characterized by continual striving, but without any particular direction. The will, one might say, lusts polymorphously. (Freud, 1961-43) The will's willing provides Schopenhauer with the explanation for all dynamism in the phenomenal world. Our desires, the gravitational force, the vegetative processes in plants, the appetites of animals--all of these are manifestations of the same will. (Freud, 1961, 44)

The relationship between science and love in Tom Stoppard’s Arcadia - Literature Essay Samples

Tom Stoppard is famous for the wit and intellectual appeal of his creations, and Arcadia perfectly fulfills these characteristics. Stoppard has the capacity to exquisitely present the most simple, yet important things in life. The play is uniquely structured, utilizing complex mathematical theorems and numerous historical references that reveal myriad themes, while juxtaposing the past with the present, the Classical with the Romantic, and the mathematical with the poetic. All of this is done to prove one of the most basic human truths: that — despite all logic — the human being cannot fully live without love. This essay aims to explain the relationship between the mathematical aspects of the play and the way love is portrayed. Mathematics and science play a starring role in Arcadia. The play does not only feature mathematicians as central characters, but it also uses mathematics and science to endow everyday things — clouds, a leaf, a population of birds — with magnificence and magic. Mathematics is far from being just a collection of simplistic calculating rules; it can provide extremely rich descriptions of our complex world, and of us. The point of using, for example, the second law of thermodynamics, is not to understand it fully, but to see how it helps understand the relationship between past and present, order and disorder, certainty and uncertainty and the absolute uncertainty of love. As it is fit for a play set partly at the dawn of the 19th century, when the Age of Enlightenment was giving away to the Romantic era, it is also about sex, love, jealousy and other messy human emotions that cannot — supposedly — be neatly reduced to a mathematical formula. Whenever the characters try to fix and understand reality, whether it be through the use of language, through the use of narratives designed to control and explain their experiences, or through the study of science, they discover that life is not so easily confined and defined. As a consequence, the play makes one question how much love, life, mathematics and science can be related and how far can the latter take us in explaining what life and love are all about. In the Arcadian universe, the common notion that love and science occupy opposite poles in human experience gets turned on its head. Rational, logical science and irrational, passionate love have something in common: both are unpredictable and chaotic. The mixing of mathematical theorems with love and history may seem strange at first glance. Stoppard has explained that his inspiration for Arcadia came from reading the mathematical theory novel â€Å"Chaos† at the same time as exploring the style, temperament, and art of Romanticism and Classicism and particularly the differences in these styles. Throughout the novel, the dominant theory is, in fact, the â€Å"chaos† theory. The nature of knowledge, whether mathematical, physical or historical, is chaotic. The play itself, as Stoppard says, is â€Å"chaos constructed† (Demastes and Kelly, 1994:5), with a couple of bifurcations and finally getting to the last scene, which is extremely mixed up. The thoroughness with which Stoppard integrates these mathematical ideas into the action of the play demolishes the idea that he only used the chaos theory as a way to strengthen his play, since it was the scientific theory in fashion at that time. On the contrary, his purpose is to explore — using this theory — the clash of rationality and emotion, the unpredictability of passion, and the way chaos can develop from logic. He shows how certain mathematical ideas and theories reflect and resonate with these themes. Science has long been a primary way in which humans have sought to understand the world that surrounds them. In the opening scene, Thomasina is taking a look into Newtonian science and Euclidian geometry, modes of thought that see the world as linear, ordered, and stable. In human terms, Newton and his classical laws of motion seem to leave no room for unpredictability and free will. Thomasina explains the ramifications of what would happen if everything behaved according to Newton’s laws of motion with the supposed situation that if all atoms were stopped, someone really smart could write the formula for all the future. This apparent causal determinism suggests a deterministic, mechanical universe; it is one of strict order, regularity, and predictability. However, Thomasina has already begun to intuit that this view of the universe is incomplete and she tells Septimus about how stirring the rice pudding backwards will not make the jam come back together. This seemingly simpl e observation points to the Second Law of Thermodynamics and the increasing disorder in the universe. This disorder is not seen entirely as something bad, and Valentine and Hannah even seem to celebrate that those scientists before mentioned were wrong, because it opens so many doors, it creates so many mysteries; they celebrate uncertainty. Indeed, the play as a whole acknowledges the difficulty of truly knowing anything. In the depiction of people striving to understand the past and to find the keys that unlock the mysteries of nature, the play is a celebration of the human struggle to obtain knowledge, to understand as much as possible. Rather than despair, Stoppard embraces a cautious optimism and expresses a resounding belief in human agency rather than materialistic views of life. Arcadia is a confirmation that despite all the indeterminacy, people can use their intellect and intuition to gain knowledge and understand what surrounds them. It suggests that science often works, that people can lead fulfilling lives. Even without all the answers, people can be happy, and that inte racting with uncertainty is part of what makes human life worth living. The joke, on the first scene, that sexual attraction is the attraction Newton left out is one of Stoppard’s metaphorical conceits for the difficulty in mapping out individual destinies. Newton’s laws work when they operate in a vacuum, and it is the friction of the real world that destroys predictability. Likewise, the multiple variables and contingencies of reality, which include love and the heat of sexual passion, preclude predictable, deterministic lives. The richness of deterministic chaos as a metaphor for human life and interactions is its paradoxical quality. The sense of determinism, of the inability to control with whom one falls in love is there, yet the play also shows free will in action as Septimus decides not to consummate the relationship with his pupil. In Arcadia, the characters experience both determinism and unpredictability, both fate and free will. Hannah is a character whose dominant personality is â€Å"scientific† in that she loves dispassionate intellect. She states that the Romantic Movement was a â€Å"sham†, and the ordered, classical gardens that were replaced represented paradise. Hanna puts thought before emotion, the classical over the romantic, and sees the world in binary terms. She sees emotion as an unwanted irregularity, a potential collapse into disorder. Ironically, to prove her idea that the Age of Enlightenment banished into the Romantic wilderness, she must rely on instinct and intuition. To summarize, she embodies Tom Stoppard’s notion that Classical and Romantic temperaments are not mutually exclusive, but rather co-exist in people. A parallelism could be drawn, with Romanticism being love and Classicism being science. Only one cannot fulfill the task of understanding life, but the two must be intertwined in order to work together. In the seventh scene the play’s ideas are manifested in human terms as the richness and complicatedness of Stoppard’s characters, themes, and dramatic structure integrate. It is a scene rich with imagery, many revolving around heat. Steam engines, thermodynamics, sexual passion, and candles are all present. To varying degrees, the moments that involve these items or ideas involve construction or destruction as they can be life affirming or life denying. Conclusively, the scientific and the human dimensions of the play are linked in the final scene, where the waltz starts. A waltz is emblematic of deterministic chaos in that there is a prescribes series of steps, but that â€Å"deterministic equation† can still yield any number of patterns — Spanish, hesitation, slow waltz, etc. —. In the staging I saw of the play, Septimus and Thomasina’s waltz took them on many different paths through the rome, even dancing between Bernard and Chloà «, who are in the midst of their abrupt and unplanned farewell. One of the couples is completely in sync, and the other is not; one is based solely on sex, while the other mixes sexual and intellectual attraction, but ultimately remains platonic as they never consummate their affection. Although Thomasina invites Septimus to spend the night with her, his final answer is that he will not, and that indicates his non-deterministic free will. Nonetheless, the deterministic side of life is also acknowledged in this moment, for it is here that Septimus lights Thomasina’s candle, who the audience knew was going to die in a fire that very night. Her intuition about the heat death of the universe — how everything is going to end at room temperature — becomes painfully and bitterly personal. The dance of life ends in death, but is still a happy one. Even though the â€Å"universe must cease and grow cold† (Arcadia, 1993:93), the characters remain happy, even celebratory; Valentine for the joy of scientific, intellectual understanding, and Thomasina for human contact, embodied in the ensuing waltz and kisses she shares with Septimus. Bibliography Demastes, William and Katherine E. Kelly (1994). The Playwright and the Professors: An Interview with Tom Stoppard. South Central Review. Stoppard, Tom (1993). Arcadia. London: Faber and Faber.

Animal Cruelty in America - Free Essay Example

Sample details Pages: 7 Words: 2196 Downloads: 8 Date added: 2019/05/21 Category Society Essay Level High school Tags: Cruelty To Animals Essay Did you like this example? An animal is abused every ten seconds throughout the world. Intentional Cruelty to animals is correlated strongly with many other crimes and also makes you a vile person. No one is born and deserves the lives that many of these animals endure. Don’t waste time! Our writers will create an original "Animal Cruelty in America" essay for you Create order People can easily help these animals if they put in the effort to because it is as easy as donating a dollar or signing a petition. Abuse towards animals has lasting effects on them emotionally and physically for the rest of their lives because many of them are raised this way. Tougher punishments must be put in place to stop this abuse throughout America as well as the world. Animal cruelty is an epidemic through the United States and we must work to end it. Many animals are affected for the whole of their lives by physical abuse. Any type of animal-fighting ring always leads to a life of hardship for that animal. Many fighting dogs may have their ears cropped and tails docked close to their body(ASPCA). Because of the disfigurement these dogs might be aggressive for the rest of their lives. This has a huge effect on the people around them and themselves. They will not be able to cope normally or have good lives. At these dogfights, dogs are shown what they are worth through the actions of others. Cops can be seen participating in the sport (ASPCA). They see their owner neglecting them, people throwing money, and all they are taught how to do is fight. It is not a fair life or something an animal deserves and when the people that are supposed to protect them do not then they have nothing. Also, getting beat up on everyday and then afterwards being attached to a two foot chain can really affect the body and longevity of an animalrs live b ecause dogs [and chickens] are conditioned for fighting through the use ofanabolic steroids(ASPCA). Any animal can be seriously injured especially if it is repeated over and over again. They could lose an eye or a leg, something that is permanent. Physical abuse towards animals can happen anywhere and by cracking down and taking first offenses seriously such as long-term jail sentences, we can counteract and help eradicate this abuse towards animals. Domestic Violence is strongly correlated with animal abuse. Where therers domestic abuse therers usually animal abuse. There is an established link between cruelty to animals and violence towards human-regularly referred to as ?The Link(ALDF) Abusers usually will do anything to hurt their victim, and they can do that through abuse of a pet. They want to hurt their victim anyway they can and that is usually by going after loved ones such as a pet. This abuse also makes it hards for a domestic violence victim to leave because what if their partner is holding the pet captive to keep you there. Throughout 88 percent of homes where there is child abuse, there is also animal abuse and neglect (PETA). Itrs staggering how common this is and that animal abuse as well as child abuse can be so frequent and go hand-in-hand. Around 20 men or women are assaulted each minute and around 70% of households have pets(ALDF). Since domestic abuse occurs injunction with animal abuse that means over ten an imals are being abused also because an abuser almost always goes for the animal too. Domestic violence is always associated with animal abuse and even death, this results in millions of domestic pets being abused each year. The statistics are startling when it comes to animal abuse because of how high the numbers are. They show how common animal abuse really is and how it is not going away Over ten million animals are abused per year. Thatrs about 19 per minute (Humane Society). Obviously these statistics need to be brought down. So far they have but to do even more, we need to be even more diligent and tougher on crime. It is absolutely crazy that we can walk past a person who does this and not even know or have them be brought to justice. People who abuse animals are usually men around 30 but it could be anyone (Human Society). If this is the group that most targets animals than something needs to be done. If someone goes to prison then they should be forced to go to meetings or therapy and talk about why they did it and how they can stop. Also if someone has a history of abuse than they should be checked up on every so often. Animal abuse in factory farms is very common and happens more than any othe r abuse (Humane Society). Most of the time it goes unchecked or unreported because people do not want to lose money. There is not a lot of stigma because many people only see green and this type of abuse is easy to hide. They do not care how an animal is treated as long as they do not see it and they are making cash. Chickens are usually the worst treated and thousands are killed everyday for food. These statistics can be significantly lower if the government and ordinary people try harder in their daily lives such as donating money, upping the sentences of animal abusers, or something as simple as eating cage free. Many animals will be mentally scarred the rest of their lives from the treatment they endured. After getting abused every day it is hard to trust anyone again. Most dogs after being treated that way do not know how to handle love or affection (ALDF). When I went to an Animal Protective League, I would walk dogs and sometimes they just wanted to be laid in a corner, keeping their head down and would not move. One dog almost bit my hand off after I tried petting him because of how scared he was. Animals can only be rehabilitated to an extent, the first step is stopping any type of abuse before it happens. Many women who hoard animals neglect them and need mental help( Humane Society). By being neglected they are starved and are made to sit in their own waste. How can a dog be emotionally alright after having to deal with that sort of treatment? They are scared and do not know how to treat people who treat them with kindness. People who abuse or neglect animals are usually mentally ill and need help. They need to go to therapy and these animals need to be taken away and adopted by someone that will care for them and love them. A lot of the time animal abuse does not come from nowhere. Many people who abuse animals were also abused t hemselves. This usually means they are emotionally stunted and do not know how to let out their emotions without harm to themselves or anything. This is why they must get therapy so they can understand why they are wrong and what they can do. Abuse is not just physical, it almost always manifests itself emotionally and is as important to recovery as physical abuse. Over the years, laws have changed for the better but there is still a long way to go. Laws towards animal abuse need to be greatly improved so society can improve. There are barely any laws protecting livestock (ALDF). If livestock are abused it is usually not reported unless it is severe and even then there is usually nothing done. Many people think ?well they are going to die anyway but many of these animals are cows for milk or hens who lay eggs and they are not given standards that are even somewhat livable. In Ohio, Godfreyrs law has helped with the welfare of animals (Borchardt). It made animal abuse a first offense felony, and they need to pay a $2,500 fine and go to jail for a couple months. This is a first and great step for Ohio because by making it a first offense felony , it shows how severe this crime really is. The Uniform Crime Report is really helpful to police when tracking down abusers but only a third of the nation uses it (PETA). By instituting it nationwide, more animal abusers can be put to justice. If this database is updated in the next couple years then so many more people can be caught and more animals will find better care. Laws have come far for animals in the last century but there is still a long way to go and more legislation for animal rights and time is what will help. So what can Americans do to help stop animal cruelty? There are a lot of things that you can do. Go out and vote for tougher legislation on animal cruelty. This is needed especially for farm animals who are rarely treated well ( PETA). Many of these corporate giants are able to get away with animal cruelty because of minimal laws to protect these cows, chickens, hens, etc. Also, they are able to stand up in their towers and turn a blind eye to what is going on. Many states still need animal cruelty to be a first offense felony, so by going to town halls and voting on issues like this, cruelty towards any animal can become a first offense. Animal fighting rings need to be weeded out and destroyed(ASPCA). They are all over the country and are still going strong despite the majority of people being against it. By donating to ASPCA or any organization against dogfighting you are also helping. Also, signing the HEART Act which helps animals who are victims of dogfights or cockfights find better homes much faster and will not be stopped by government red tape. Donation also really helps animals that have been affected by abuse get better care. These dollar donation or however much you want to spend could be the difference for their next bowl of food or water. This could also get animals beds and toys that make life more enjoyable and bearable for them. This donation adds up and can really help an animal in need. There is a lot of things citizens can do to help make life better for all animals in America because we live in a democratic society that allows us to speak up for what we believe in which can really make animals lives easier Some people argue that animals do not have the same feelings or emotions as people.So this would mean they do not get affected as emotionally or physically by abuse but this is so untrue. An animal tells you when they do not like something by whimpering or barking. Animals feel pain the same way because they are hurt if they are kicked or neglected to sit in their own waste. Animals are pretty defenseless because they cannot speak up for themselves and say what happens to them. Their body language is how people can tell that somethings not right and people always need to speak up and say something. Also, many people assert that farm or factory animals are going to die anyway so why spend more money to treat them better. These animals are not just born to die, many of them serve a purpose such as giving milk, eggs, etc. Since they are being forced to give us this against their will and probably know no other life then they should be given some higher standard of living. Spaces no bigg er than ipods should not be normal for hens to lay their eggs. Hundreds of chickens should not be crammed into a dark room to wait to die. Cage free may be more expensive but as they become more standard,prices will drop and the old way will soon go out of business if it keeps on progressing at the same rate. Stores ran more sales for cage-free eggs than regular eggs (ASPCA). Even if some people do have an argument for animal cruelty they are always going to be wrong. Animals are some of the most vulnerable beings to abuse. Millions of animals each day are being abused and the reality is America can do so much more. These animals could be family or livestock but each one deserves to be treated with dignity. Domestic Violence is usually a precursor to animal abuse and vice versa.. This leads to emotional and physical effects that can affect them the rest of their lives. Household pets are not the only ones susceptible to emotional or physical abuse. Farm and factory animals need to be treated better. Harsher laws can be put in place to punish those who do this and fines should be put in place for corporate companies where animal abuse happens and they do not do anything. Cruelty towards animals happens too often and we must work to end it. Bibliography Animal Abuse and Human Abuse: Partners in Crime. PETA, Animal Cruelty and Domestic Violence. Animal Legal Defense Fund, Animal Cruelty Facts and Stats. The Humane Society of the United States, Borchardt, Jackie. Ohio Lawmakers Pass Goddards Law Making Pet Cruelty a Felony. Cleveland.com, Cleveland.com, 26 May 2016, Dogfighting. ASPCA,

The World s First Steam Engine - 1526 Words

Imagine you’re back in time where the measure of creativity is at its highest, and the Steampunk era has just began. You are near a railroad that s running one of the world s first steam engines. Thomas Newcomen, the creator of the first practical steam engine, made a difference in his community and even the world by introducing this new technology that we still use today. Team 2016 is a leader in our community. Our commitment is to make a difference in not only our school, community, but the world much like Thomas Newcomen and his steam engine. Our team has been involved in the FIRST community for eleven years and counting. After winning the 2007 Rookie All Star award at the New Jersey Regional as Ewing High School (EHS), we were†¦show more content†¦We have students of all different sizes, sexes, and ethnicities. Of all of these different facets, we have found that the most challenging is the communication between the hearing and Deaf students on the team. We researched this with an interview with Cooper Norris from the Rochester School for the Deaf (RSD). Cooper was a drive team member from FRC Team 3162, the all Deaf team from RSD. After one year of competition the team folded. Cooper revealed that there was not enough student interested from the 135 students enrolled at RSD. Cooper noted that the communication between the mentors and the students was difficult because there were only two interpreters for the entire team. He went on to say that the interpreters did not have engineering or technical expertise so this was another factor that made it difficult in the communication process. The interview also revealed that there were communication issues at the Finger Lakes Regional at RIT. There were plenty of interpreters for the Deaf students to utilize and the RSD students went in groups around the pits but heShow MoreRelatedSteam Engines Of The Industrial Revolution1442 Words   |  6 PagesIt is common knowledge that the world as we know it today, was forged in the factories during the era of the industrial revolution. The factories during this era, themselves, were powered by steam engines. But where did the steam engine come from? Who invented this revolutionary invention? How does the steam engine chug-chug at 50+ miles per hour by merely using hot air, emitted by boiling water. The answer to these questions: the steam engine was not invented nor developed solely by one person,Read MoreSteam Engines By Katelyn Warga 2nd Period947 Words   |  4 PagesSteam Engines By Katelyn Warga 2nd Period Being around for over 2000 years, the steam engine has proved its worth. Invented in the industrial revolution, â€Å"this heat engine performs mechanical work using steam as its working fluid.† Throughout its time the steam engine has had many uses, and been modified many times to change its pronounced task. This had led to the steam engine being a very important invention in the industrial revolution, changing life in social and economic ways that still impactRead MoreSteam Engine1055 Words   |  5 PagesThe Steam Engine and the Civil War Question: How did the Steam Engine influence the Civil War and America in itself? Throughout the Civil War, there were many people and inventions that positively influenced The Civil War, but none other than the steam engine. The steam engine was one of the most influential inventions of the Civil War and America in itself. Before the Steam Engine trade was limited and the American economy was doing very poorly. The causes of this were the rules of trade andRead MoreNorth And South By Elizabeth Cleghorn1128 Words   |  5 Pagesways. First of all, the topics of the two stories are quite different. In Life in the Industrial Revolution, the author focuses on life of poor-as-dirt people, but North and South focuses on a girl and her cousin s marriage, her own marriage, etc., however there are some mentions of moving to the city, the chemicals and whatnot. An excerpt from North and South reads, These ladies and their husbands were invited, in their capacity of friends, to eat a farewell dinner in honour of Edith s approachingRead MoreDevelopment Of Vehicles And Its Impact On The Human Civilization1647 Words   |  7 PagesVehicles are becoming more sophisticated and everything seems to be getting faster, more efficient, more compact or hands-free. In modern society, vehicles bring people much convenience and people have already lived without cars. 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Nowadays we see manufacturing systems and their applications as systems in which goods are produced and delivered to the suitable places where we can obtain them. We are conscious of the fact that everything we consume or obtain is produced at some facilities. We are also aware of the fact that many components involve at these processes such as laborers, capital, and machines. Nevertheless, majorityRead MoreInvention of the Steam Engine Essay examples1589 Words   |  7 PagesInvention of the Steam Engine Mankind’s interrelation with manufacturing systems has a long history. Nowadays we see manufacturing systems and their applications as systems in which goods are produced and delivered to the suitable places where we can obtain them. We are conscious of the fact that everything we consume or obtain is produced at some facilities. We are also aware of the fact that many components involve at these processes such as laborers, capital, and machines. Nevertheless, majorityRead MoreThe Industrial Revolution During The 19th Century1161 Words   |  5 PagesFrom the 18th to the 19th centuries, Britain was a far more developed country than any others in the world. There are more than one factor that made the Industrial Revolution happened first in Britain, some examples are: The Agricultural Revolution, the growth of population, The Enlightenment and the Scientific Revolution, World Trading, and the Cottage Industry. With all those factors, it comes down to: What started the Industrial Revolution? The clothe industry was one of the big factor. Unlike

America s World War II - 1530 Words

1941 The United States is quiet and empty because they went off to fight in World War II. This Day March 14, 1943, I Louis Slotin currently a physicist part of the Los Alamos National Laboratory trying to help America during World War II. Today Rrobert Ooppenheimer had a big plan for me. When I got to the Laboratory I signed In. Louis â€Å"I have big news for you I have scheduled a meeting to talk about how we would keep Aamerica safe† exclaimed Rrobert Ooppenheimer excitedly. The Meeting Will Start In 15 minutes When All the other Scientists arrive. I even made arrangement for some other scientists to come in and help us while America is down in Europe. I got settled and got ready for the important meeting. I walked in and sat down were My boss assigned me to sit. I saw other scientists and faces that I didn t Recognize. I wonder who this person is in the black sitting over there is. â€Å"Please take a seat Albert,† Said my boss. I wonder If that is Aalb ert Einstein. No that couldn t be him. Wait I think that is him. It is and he sits only four seats away from me. That must mean that I get to work with him almost because Enrico said that he categorized the seating so that the scientists were to be sitting together. When All the scientists were here and seated the head of the table my boss got the room quiet to start the meeting. â€Å"Today I have brought you all here for a very important meeting. I have heard from Ted Stevens who talked to our president FranklinShow MoreRelatedAmerica s World War II870 Words   |  4 PagesThere is no doubt that America’s World War II is a rich source of literature and a theme for many writers. As result, they wrote many works about war literature, such as novels, poetry, plays, diaries, and personal narrative. The American Literature was formed by the history of the state that produced it just like in other nationwide literature. 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The most prominent option was the allotting of a higher immigration rate for the Jewish people fleeing Europe, another option they were presented with was a total boycott of Germany, the final option was an entrance into the war which after just exiting World War One the American People were rigidly opposed to war . These actions, especially the allotting of higher immigrationRead MoreAmerica s Entrance Into World War II833 Words   |  4 Pages Why We Fight: Since World War II, the United States has been almost repetitively involved in combat, active members in a string of wars fought completely on foreign shores. American people have fought for the rights and freedom we have today. We the people earned the right for our life, liberty and pursuit of happiness. We have always fought for what we believed in and have never stopped. 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The Treasure Box Is Knowledge, And The Value Is Success...

Introduction A book is a treasure box, the treasure is knowledge, and the value is success and power. Reading is the key that unlocks your access to a wealth of information. With this, one becomes knowledgeable on certain subjects. Knowledge gives you a closer understanding of your situation, which facilities it and gives you control. You gain the power of an ability, which leads to success in the subject. I feel that I must take advantage of the treasures I possess the capability to obtain, seeing as how not everyone has the access I have to them. I have the power to take initiative and learn about any subject I wish. I know I can do anything I set my mind to because I can gain the knowledge required to achieve it. This mindset†¦show more content†¦Reading has given me the opportunity to view the perspectives of different people with different backgrounds from my own, which has led my to question myself on my opinions on the subject. For instance, in Some Things Should Happ en on Soft Pages, Not Cold Metal, Harper Lee expresses that she sees paper books as a better method of obtain information because electronic books are too easy to access. She wrote â€Å"Instant information is not for me. I prefer to search library stacks because when I work to learn something, I remember it† (Lee 1). Harper can be seen having trouble adjusting to the new technologies of this century, choosing to reminisce about the past s lifestyles instead. However, she overlooks the benefits new technology has brought to others. Many people might not have as easy of an access to paper books, something electronic books have helped with. When I was in grade school, I only had access to a few shelves my school called a library and a public library all the way across town, which I could rarely visit. Buying books was immediately a preposterous idea after one look at their price tags. However, I wouldn t be kept away from reading. I found ways to access books online and read th em to my heart s content. Living in a first world country, I was definitely privileged and I can only imagine the circumstances of others not as fortunate. However, as each year we advanceShow MoreRelatedEssay about World of Board Games: Forbidden Island 1807 Words   |  8 PagesAs defined by the creators of the board game, the primary object of Forbidden Island is to, â€Å" . . . work together to keep Forbidden Island from sinking in order to buy enough time to capture its four treasures. Once . . . captured . . . (the team of adventurers) must make it to Fools’ Landing and escape by helicopter to win. If however, the island sinks before (the team) can complete (its) tasks, the mission ends in defeat!† Since a game like Forbidden Island was designed to encourage collaborationRead MoreAttempting to Pin Down a Definition of Childhood Essay1716 Words   |  7 Pageswould be defined as the space between birth and attainment of adulthood; but it is far more than that, it a special time where the child children are safe from violence, free from fear, protected from exploitation and abuse and free to explore the treasures of life. In the UK there is no official age when you are no longer a child but considered an adult. But society sees it at the age 18 as many responsibilities are brought to light at this age. ‘A role model is a person whose serves as an exampleRead MoreHistory of Globallization5628 Words   |  23 Pagesfirst era covers the fifteenth through eighteenth centuries and views globalization through the lens of individuals who struggled to overcome natural, governmental, religious and economic barriers in their quest for wealth, freedom, position, and power. Throughout this era, the world of commerce was encumbered by territorial boundaries. The second era covers the nineteenth and twentieth centuries and saw great technological advances in transportation, machinery, livability, and communication. ThisRead MoreCostco Organizational Analysis - Spring 20133837 Words   |  16 PagesOrganizational Analysis is to discuss Costco’s current mission and values, provide a snapshot of their existing overall business model and the environment they are working in, and then discuss the key success factors required to succeed in their industry. Beyond that will be an examinat ion of what resources (tangible, intangible, and human) and capabilities (functional and value chain) are needed to deliver on these key success factors, as well as analyze how Costco ‘stacks up’ to the competitionRead MoreCostco External Analysis Essay6962 Words   |  28 Pages1. Threat of New Entrants†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 3.2.6.2. Power of Suppliers †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 3.2.6.3. Power of Buyers†¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3.2.6.4. Power of Substitutes†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 3.2.6.5. Intensity of Rivalry †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 3.2.7. Summary of Industry Analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3.3.0. Competition Analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3.3.1. Industry Competitors †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3.3.2. Rivals Anticipated Strategic Moves†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3.3.3. Summary of Competitive Analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 3.3.4. Key Success Factors†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 1. Executive Summary Read MoreImpact of Promotional Activities at Mall and Consumer Behaviour9163 Words   |  37 Pagesparking area — a modern, indoor version of the traditional marketplace. [pic] In India there are three categories of malls- value malls(e.g. BigBazar), value cum-lifestyle mall (e.g. pantaloon) and Lifestyle malls(e.g. Treasure island).There are five malls in indore city. These are treasure island, central mall, C21 mall, Malhar mega mall, Mangal city etc. In the present competitive world if any business organization has to survive it needs to keep an eyeRead MoreHome Depot Case Study7713 Words   |  31 PagesLandscape Supply, serving landscape professionals and garden enthusiasts. 2 Business Context The retail industry is one of the largest sectors of the North America economy. In Canada, it represents about 6.5 percent of total gross domestic product or value-added in the economy and provides 12 percent of all jobs. 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Slow grab the opportunity to escape to the hands

Assignment #1 Best Practices Free Essays

January 4, 2013 BUS 5668: Cases in Applied Project Management Assignment #1: Best Practices From 1940 to present, Project Management has continuously advanced from line managers using a small set of processes that were considered nice to have to the formal assignment of one individual assigned as the Project Manager that utilized a formal methodology by which to manage the project. Often the term â€Å"best practices† is referenced within a defined methodology. Why must an organization capture best practices? What are the determining factors in base-lining a best practice? Can an organization have too many best practices? What are the impacts of establishing too many best practices that mandated by senior management for use on all projects? Provide one example of a Project Management best practice. We will write a custom essay sample on Assignment #1: Best Practices or any similar topic only for you Order Now (Video Lecture 2 and independent research) What are Best Practices? According to the Business Dictionary, And According to the Business Dictionary, â€Å"A Best Practice is a method or technique that has consistently shown results superior to those achieved with other means, and that is used as a benchmark (Business Dictionary). † Organizations that have had constant success have adapted a unique version of the best practice method that accommodates what they do. Many organizations use best practices to do the following (but not limited to): †¢ Develop an understanding of the necessary requirements †¢ Focusing on how to deliver the service / continue to deliver the service †¢ Improve the perception of the customer(s) †¢ Eliminate wasteful spending/investments †¢ Increase productivity and employee morale †¢ Improve Risk Management Using the best practices listed above along with other best practices the organization deem necessary, organizations can create a baseline to accommodate their organizations. A Base-line is defined as the current version of a project plan that guides project performance and against which the project manager compares actual project performance. (Portny, el. ) When an organization is creating or enhancing a base-line, the organization has to take into consideration the following: †¢ How will the best practice benefit the organization †¢ Who will the best practice have the most impact on (customer, organization, stakeholders, etc. ) †¢ What is the return on investments for the organization by implementing the best practices. Although best practices is the ideal method to use when operating an organization, not using the best practices method as it is meant to be used is just as bad as not having a process in place to run the organization. Time and time again, many organizations lose site of what best practices really are because they set too many goals as best practices. As a result, the organization fails to improve and keep up with competitors due to losing sight because they have so many best practices they are trying to focus on. The idea behind the best ractices is to ensure the organization is operating on one accord throughout the organization. By implementing too many best practices may result in the disorganization within the organization. Everyone would not be on one accord which can lead to miscommunication and every department doing what they see fit. Having too many best practices is just as bad as not having any at all. By implementing too many best practices, the organization have a higher probability to failing due to no realistic opportunity of implementing all of the best practices. And the best practices implemented will not be fulfill 100% due to lack of resources because resources are spread thin due to the large amount of best practices. Also, every best practice may not be suitable for every department within the organization. By implementing best practices that will not be beneficial to department will become a waist of resources, spending, and as a result the project has a high probability of failing. An example of a Project Management best practice would be the implementation of ITIL within the NASA organization. ITIL provides a practical, no-nonsense framework for identifying, planning, delivering and supporting IT services to the business. The NASA Shared Services Center (NSSC) is ITIL aligned. As a member of the NASA Shared Services Center, I had the opportunity to work on the implementation of the Enterprise Service Desk (ESD). The ESD offers 24Ãâ€"7 technical support to the entire NASA Agency. This department was stood up on the premises of offering the best IT support at the lowest cost. The NSSC has been using this best practice since it’s start-up. I for one believe the ITIL best practice has brought much success to the NSSC. References: Last, F. M. (Year Published) Book. City, State: Publisher. Portny, Stanley E. (2008) Project Management: Planning, Scheduling, and Controlling Projects. New Jersey John wWley Sons No author. (n. d. ) Business Dictionary. Retrieved on 01/09/2012. Retrieved from http://www. businessdictionary. com/definition/best-practice. html#ixzz2HuDx20hu No author. (05. 10. 2012) ITIL. Retrieved on 01/09/2012. Retrieved from http://www. itil-officialsite. com/AboutITIL/WhatisITIL. aspx How to cite Assignment #1: Best Practices, Papers

International Marketing Management Corporate Sustainability

Questions: 1. Discuss how a firm could use product leadership, operational excellence and customer intimacy as a basis for competitive advantage. Use examples to illustrate? 2. Select an industry (e.g. airlines, fast food etc) and use Porters Five Forces model to analyse the industry structure and determine the level of competitive rivalry. Explain how a company wanting to enter the industry could use this information? Answers: 1. Competitive Strategies There are many competent organizations in the modern world of business. There are a number of internal as well as external factors that are faced by the organizations. The external factors have the capability of impacting the strategic power of the organizations. In order to achieve the operational efficiency of the organization, it is important to formulate effective competitive strategies. There is several numbers of strategies that can be used by the organizations for achieving competitive strategy. However, this report covers three important aspects related to competitive advantage. Operational Excellence The operational excellence strategy is closely connected with cost leadership. The cost leadership is concerned with the reduction of costs in order to maximize the control on the resources. This is to be done in an automated manner. The primary focus of this strategy is focused on the automation of the different manufacturing processes in such a manner so that there is sufficient control on the automation of the financial resources. The operational excellence is connected with enhancing the productivity levels. For this purpose, there can be increase of the output by the process of sustaining or there can be reduction of the input. The increased level of productivity would increases the operational excellence. This would be a powerful tool in the competition. The strategy focuses on the reduction of the work procedures by reducing the operational cost and streamlining the operations for long time period. The strategy has impacts on the standardized production, transaction oriented as well as high volume which leads to differentiation. The operational excellence is achieved by making sure that the high production volumes would be kept for longer duration and it would lead to high sustainability. The implementation of the standardized production delivers good brand image of the company which would attract more number of customers. It would also lead to greater level of customer satisfaction. The above strategy makes sure that the operational strategy is closely related to the cost leadership strategy so that the strategy is best for the market where the customer gives more importance to the cost and less importance over choice. The operational excellence is used by the company to commoditize the market and the mature market in which the cost leadership is being considered as one of the main economic growth sources. The cost leadership model gives strength to the organizations for giving products and services on affordable prices than the competitors. This would become of the sources of competition. The operational excellence leaders would ensure centrally rule based operations which are standardized as well as follow organizational discipline. The framework of operational excellence is being increasingly used by the companies. There are several companies such as Wal-Mart, McDonalds, FedEx, IKEA, Southwest Airlines and others who use operational excellence framework. There are different disciplines such as Supply Chain Management, Total Quality Management and Six Sigma which are being incorporated into the operational excellence policy of the firm. The primary aim of this integration is the maintenance of the good quality services or products along with lower prices. The aim of this strategy is attract maximum number of customers in the organization. This strategy of the operational excellence is effective for the new firms when there is a need to gain a loyal set of customers. The organizations need to follow the strategy for attaining maximum excellence level through the model of cost leadership. The cost leadership would emerge as a mode to gain sustainability in the organization through implementing quality products in affordable prices. The organizations should also use this strategy for a longer time period so that the customer attraction can be gathered in the least possible manner. Customer Intimacy The strategy of customer intimacy focuses on the offering of unique range of services as well as products to the customers so that is delighted with them. The company should give enough scope for personalization as well as provide customized products to the customers. This would be done according to the needs of the customers. The competitive strategy would be based on the personalization concept which would give importance to the personal preferences of the employees. This kind of services would satisfy their needs so that there is increased revenue generation of the company. If the customers feel that they are being valued by the organizations then they would opt for more number of products as well as services of the company. A customized product would definitely attract the customers and this kind of strategy can be used by the small as well as large organizations. The businesses should adopt flexible policies which would help them to gain the trust of the organizations. This strategy should be used by the company to couple the products as well as solutions and deliver them as a package to the customers. The overall package must be made by taking into account the values, needs and beliefs of the customers. This would make the customers come back to the organizations time and again (Baumgartner and Ebner 2010). The goal of this kind of strategy is the gaining of maximum level of satisfied customers in an effective manner so that there would be an increase in the loyal customer base. This strategy is based on the outcomes of the research or the effective formulation of policies in which a high level of importance is given to customer needs. The vendors should get the information about customer requirements and then convey them to the company authorities so that they can design their products or services accordingly. The need segmentation would provide a platform for the organization so that special customers can be targeted and their unique needs can be fulfilled. It is also vital to mention that this strategy is devoid of any innovation. It is effective as a variety of customer needs can be fulfilled by this kind of approach. This is because there is high level of customer satisfaction in this approach. The strategy is being used by top companies such as IBM, Amazon.com, Lexus and Virgin Atlantic. The strategy is being used by the companies who focus more on the customer centric aspect. These kinds of organizations have the recognition modes as the nature of the decentralized organizations helps them to modify their operations as needed. This type of companies aims to fulfill the customer needs by focusing on their requirements. These type of companies aim to upgrade the services as well as products in a effective manner (Teeratansirikool et al. 2013). Product Leadership The product leadership can be considered as one of the strategy which aims to provide unique products as well as services, which is different from that of the competitors. The aim of the strategy is to offer superior products to the market and increase the operational efficiency of the firm. This would be done by the effective utilization of development and innovation. The leaders of the different products have the aim of achieving premium market prices by developing creative development plan. The concept of First mover advantage is closely related with this concept as the act of increasing the operational efficiency would incorporate some value added services to the customers. This would make the customers feel better about the utilization of the products or services of the company. The companies should incorporate a competitive strategy by focusing on product leadership. The firm should be strong in branding as well as innovation so that it can sustain in the market for longer dura tion. It is required for the organization to build an excellent operating model in which the organization would be able to provide value added services to the customers. The product leadership is directly related with the corporate culture and it includes various aspects such as product management, talent management, marketing management, research portfolio management and teamwork (Cusumano Kahl and Suarez 2015). The integration of the various disciplines in the operations of the organization helps the organization on enhancing the operational excellence. This would also give the company the required competitive advantage. The time during which the company does not offer any products or services to the customers is considered as the golden time period. This is one of the methods of being able to charge premium prices for the products which would increase the financial revenue of the company. The product leaders are able to recognize the excellence displayed in the team work, creativity and problem solving in the organization, which would impact the success of the organization. It is important to maintain collaboration, creativity and enforcement of talented manpower in the organization, which would make the companies to enjoy competitive advantage. There are organizations such as Apple, Pfizer, Fidelity Investment and BMW which strives for research and development so that there is maximum degree of the operational excellence and it is being done through the process of product leadership. The organizations develop new products as well as services by the process of product leadership. This is being done with the help of knowledge management and creativity. The organization need to do sufficient research as well as development in the product improvement sector so that the company can give competitive services. 2. Five Forces Analysis Commonwealth bank of Australia The five forces are being analyzed by determining the various factors that affect the performance of the industry. The banking industry has witnessed sustainable growth in terms of economic factors since the last 20 years and it is also considered as the third largest industry in the Asia-Pacific region. It is also considered as 11th largest industry in the world. The important strengths of it include the implementation of effective financial plans as well as implementation of effective government policy that can contribute to the finance circulation in a perfect manner (McMillan 2010). The five forces is usually based on the factors which affect the performance of the Banking industry in Australia. Threat of New Entrants: The threat of new entrants is low in Australias banking industry since there are a large number of barriers imposed by the Government of Australia. There are different forms of barriers such as economies of scale, reputation, capital requirements, government regulations, learning scope and switching costs. The government regulations specify that banks should possess approximately 8% of the capital in the total weighted assets. The government has implemented Base III capital reforms in order to define the minimum capital requirements. This has been done after the global financial crisis. It has been realized that the Basal III criteria ensures effective as well as higher quality capital for the global banks. The restriction in the capital requirements as well as the regulatory requirements results in the mere fulfillment of these requirements by the potential entrants. The threat of new entrants in the banking sector is reducing every year which is having a negative impact on the new entrants. It is true that the overall increase in the number of banks impacts the banking industry performance, however, it is being counterbalanced by the mergers as well as acquisitions of the weak banks. The new entrant performance is required to follow the different strategies which need to be implemented by the management. The biggest barrier in the banking industry concerning the new entrants is the trust factors. The customers do not usually trust the banks existing in the banking sector as there is an increased default risk. The present banks concern with the dealing of the financial information and hence the banks need time to gain the trust of the people. The industry people are willing to transact with the bank and provide them with their financial information who they assume to be trust worthy (Rothaermel 2015). The barriers which are being faced by the new entrants in the banking industry are usually based on the psychological parameters of the customers. Thus it takes long time to modify the behavioral aspects of the customers so that they would be availing the banking services of the institution. The small banks which are being opened in Australia, are trying hard to get customer trust at the regional level which can be used for the purpose of maximizing success of the business operations. Power of Suppliers The primary suppliers of the bank in Australia comprises of the legal services, financial market, accounting service providers and customers. The legal entities do provide legal services regarding contracts with the clients in the banking sector. The accounting firms do provide different services such as recording the banks financial information, auditing, preparing tax statements and formulation financial documents (Joshi Cahill and Sidhu 2010). The financial market is regarded as the supplier so that there is greater execution of the business operations. The customers can be compared to that of the depositors so that there are enforcement operations relating to lending which is closely related to the banking operations. The capital is being treated as one of the primary resources of the organization which is used as an option of receiving input so that there is greater level of outputs. The following four major suppliers deliver capital to the banks- Customer Deposits Loans and Mortgage Mortgaged Securities Lending from the recognized financial firms The utilization of the capital which is being offered by the suppliers are considered as an assured means of the banks being able to meet the withdrawal as well as borrowing expectations of the customers. The supplier power is based on the Australian market and the power is associated with major fluctuation between the high trend and medium trend. The new entrants need to maintain good interpersonal relationships with the suppliers so that they can sustain in the market for a long time. The new entrant should be highly effective so that the operational efficiency can be enhanced. There should be adequate supplier relationships so that the banks can have greater level of sustainability (Yap et al. 2010). It is the duty of the bank to maintain amicable relationships with the suppliers so that they can be incorporated well in the business operations. This would ensure that the businesses would have smooth operational flow for longer duration. Power of Buyers The banking industry enjoys adequate bargaining power so that there can be greater collaboration between the foreign, regional and national banks so that the customers are able to switch in between the banks as per as their choice. The power would enable the banks to be more competent as far as the pricing strategy is concerned. The customers for the banking services deposit the money in the banks and take loans from the bank. If the customers are not provided adequate services, then they would not be attracted to the banks. There are several banks in Australia which shape the nature of the banking industry. These banks belong to both the national as well as international sector. These banks formulate competitive strategies for ensuring greater profitability of these firms. The present customers of the bank are closely attached to their respective banks and hence the competitive banks need to spend high switching costs so that they can attract the customers of the competitors (Omarini 2016). The internet has provided one of the most convenient options of the bank so that the customers are able to select their banking services as per their preferences. These reasons have led to an increase in the buyer power concerning banking industry in Australia. A competent bank modifies their service levels according to the demands of the customers in order to get maximum return (Peppers and Rogers 2016). Thus, the new entrants need to maintain high levels of operational efficiency by fulfilling the needs of the customers. Availability of Substitutes The availability of substitutes can improve the competition level in the industry when there is availability of substitutes in the organization. The substitutes should be utilized in such a manner so that maximum number of customers can be attracted. This would also prevent the customers to switch to other brands (Pais and Stork 2011). The credit unions, building societies, insurance companies and others would provide substituted services which are uniquely provided by that company. The primary threat of new entrants in the banks is from the non-financial competitors in Australia and not only from the banks in Australia (Lodhia 2015). The banks do not face threat of substitutes concerning withdrawals, deposits or others. The non-financial services in Australia provide financial securities, bonds, insurance, mutual funds and fixed income securities. The substitutes have negative impact on the new entrant performance as the substitutes are offering higher returns. There are some payments which provide less service charges and they are provided by online platforms, which have increased speed of transactions. Competitive Rivalry The competition within the industry may relate to scale or size of the industry. There are 68 operational banks in Australia which includes 40 foreign banks, 20 foreign subsidiary banks and 8 domestic banks. There are four most important bank in Australia such as New Zealand Banking Group (ANZ), Westpac Banking Corporation (WBC), National Australian Bank (NAB) and Commonwealth Bank of Australia (CBA). The four banks have 72.08% of the entire industry in Australia and the new entrant should have potential so that sustain in the market for a longer period. The rivals among the different banks should address the high risk of the new entrants from entering the industry. The Australians banking industry is highly competitive and is influenced by several elements of the industry (Xia 2011). The customers would select the banking services which provide the best services in the market. The bank that provides greater conveniences, high rates, lower financing and investment services would attr act more number of customers. These additional features need to be incorporated in the banking services so that the new entrants are successful in luring the customers to buy their products or services. References Baumgartner, R. J., Ebner, D. (2010). Corporate sustainability strategies: sustainability profiles and maturity levels.Sustainable Development,18(2), 76-89. Cusumano, M. A., Kahl, S. J., Suarez, F. F. (2015) Services, industry evolution, and the competitive strategies of product firms,Strategic management journal,36(4), 559-575 Hollensen, S. (2015).Marketing management: A relationship approach. Pearson Education. Joshi, M., Cahill, D., Sidhu, J. (2010). Intellectual capital performance in the banking sector: An assessment of Australian owned banks.Journal of Human Resource Costing Accounting,14(2), 151-170. Lodhia, S., 2015. Exploring the transition to integrated reporting through a practice lens: an Australian customer owned bank perspective.Journal of Business Ethics,129(3), pp.585-598. McMillan, C. (2010). Five competitive forces of effective leadership and innovation.Journal of Business Strategy,31(1), 11-22. Omarini, A., 2016.Retail Banking: Business Transformation and Competitive Strategies for the Future. Springer. Pais, A., Stork, P. A. (2011). Contagion risk in the Australian banking and property sectors.Journal of Banking Finance,35(3), 681-697. Peppers, D. and Rogers, M., 2016.Managing Customer Experience and Relationships: A Strategic Framework. John Wiley Sons. Rothaermel, F. T. (2015).Strategic management. McGraw-Hill. Teeratansirikool, L., Siengthai, S., Badir, Y., Charoenngam, C. (2013). Competitive strategies and firm performance: the mediating role of performance measurement.International Journal of Productivity and Performance Management,62(2), 168-184. Xia, Y. (2011). Competitive strategies and market segmentation for suppliers with substitutable products.European Journal of Operational Research,210(2), 194-203. Yap, K. B., Wong, D. H., Loh, C., Bak, R. (2010). Offline and online banking-where to draw the line when building trust in e-banking?.International Journal of Bank Marketing,28(1), 27-46.

Seal Air Corporation Essay Example

Seal Air Corporation Essay The management of Sealed Alarm was unable to Identify profitable acquisitions or expansion projects and simply increasing the dividend [would be] admitting defeat. Starting with the World Class Manufacturing program to improve Sealed Airs manufacturing process, Sealed Air established new priorities, such as using cash flow from operations as a major factor in managers bonuses instead of airings per share, and Sealed Air put more emphasis on employee stock ownership after the rationalization. We believe that Sealed Air made a good choice to leverage themselves to the extent that they did, and that decision benefited multiple parties. Management believed that they were not as well suited to invest the $54 million in Sealed Airs cash as their investors would be able to, thereby making those investors happy with the companys decisions. Any shareholders that kept their shares following the rationalization did not lose equity in Sealed Air, which could have happened if Sealed Alarm decided to Issue more shares. The company itself was able to stay Independent without any need for an anti-takeover device. In order to determine how much value was created from Sealed Airs decision to leverage itself, we had to figure out the present value of the interest tax shield. We will write a custom essay sample on Seal Air Corporation specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Seal Air Corporation specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Seal Air Corporation specifically for you FOR ONLY $16.38 $13.9/page Hire Writer For the senior secured bank credit agreement of $136. 7 million, we reduced the principal by the given repayments from 1991 to 1996 and each year calculated the interest due by multiplying the 1 1. 5% by the beginning balance at the start of each year. Each interest amount for those years was multiplied by the corporate tax rate (34% for 991 and 1992 and 35% thereafter) In order to determine the present value of the tax shield, and the NP of $1 5,904,368 was determined based on those individual year values. For the subordinated bridge notes, the $170 million value was multiplied by the 12. 25% interest rate to determine the interest due. We multiplied this by a constant 35% corporate tax rate to determine the interest tax shield. Using a formula to determine the full tax shield over the 10 years of the bridge notes, this present value was found to be $41 Adding the NP and the bridge notes IV resulted n a $57,283,921 total tax shield, which represents the value that sealed Air gained by the leveraged rationalization By creating value in terms of a tax shield, Sealed Air Corporations decision to pursue this leveraging up plan coincided with World Class Manufacturing. The purpose of the WAC program was to revivalist the culture and operations of the company. In order to execute this program, however, the company had to change directions and become much more disciplined and organized in their operations. Once they were operating efficiently, they then had a structure In place hat served as the foundation for the financial discipline that was then needed to take on a large amount of debt. Termed Dumpy, the CEO of Sealed Air, believed it was necessary to change the companys priorities and incentive structure following the recap. Dumpy felt that management needed to place a greater emphasis on the importance of generating cash flow. Prior to the recap, their Incentive structure was based on earnings-per-share, which takes Into account non-cash accounting expenses. By swelling ten Touch to A, management was teen addle to Touch on cash flow from operations. Additionally, Sealed Air focused on meeting inventory, receivables, and working capital goals that required management to be more aware of cash that was tied up in these balance sheet items. Dumpy also placed a strong emphasis on employee stock ownership. He felt that this sort of profit sharing would greater align the interests of shareholders and employees, and effectively improve the overall performance of the company. After the recap, many institutional investors had sold their holdings, and were replaced by cash flow investors. On one hand, the institutional investors were more conservative. They aimed at investing in companies with consistent growth, a solid financial situation, and limited downside risk. On the other hand, the one-time special dividend eliminated pension funds that required themselves to hold dividend paying stocks. Moreover, other institutional investors who sold their shares were negative toward leverage and deficit net worth. The managers of Sealed Air should be concerned more about this situation, and focus on cash flow projections. The important new shareholders for Sealed Air became speculative wealthy private investors who were looking for significant gains n profitability. This leveraged rationalization plan required management to curb their capital expenditures per year. This situation could make it hard for a firm to stay competitive in the market but in the case of Sealed Air, the constraint imposed on capital expenditures under the bank lending agreement was good for the company, although it was difficult to achieve. Capital expenditures were restricted to a set amount from 1990 to 1995, which forced the Sealed Air to make wiser decisions to reduce capital expenditures and restructure the formal capital budgeting process. In this way, the company would generate more free cash flows, which would benefit the leveraged rationalization to some extent. We think the managers would be able to renegotiate the covenant successfully. By the end of 1989, the leveraged recap proved to be successful, putting the company a year ahead of the principal payments required by the banks. The managers could renegotiate the covenant by identifying the success of the rationalization with stronger balance sheets. Leverage rationalization is a risky business venture for any company. When evaluating several options for the use of Sealed Air Corporations cash, management did not want to sit on their $54 million. Rather, they wanted to keep company performance at a maximum. In order to do this, management decided to leverage up the company by borrowing money and paying out dividends to their shareholders. Management was confident Sealed Airs cash flows would stay constant for the foreseeable future, which is necessary for leveraged rationalization to work. Furthermore, by leveraging the company, operational improvements were made by holding management responsible for increasing the corporations cash flows. The use of leverage rationalization to change the organizational structure of the company also coincided with managements implementation of World Class Manufacturing. Although leveraged rationalization worked out well for Sealed Air Corporation, it would not be good for all companies to do. A company who participates in leveraged rationalization has to be able to maintain or increase their cash flows for the life of their debt repayment. If a company is not able to hold a steady cash flow, they will have a hard time maintaining the interest payments on their loans. A company who prates In a non-volatile environment Witt a lack AT competition Is Test salute Tort this procedure. A company whose cash flows can change as the market moves would not be well suited for this capital structure. In addition, a corporation must have a strong management core in order to maintain operational efficiency thus improving future cash flows for the company. If management shirks even a little bit, a corporation may be unable to lean out their operations as necessary. Finally, a company that needs to invest in capital expenditures in order to continue their operations would not be suited well for a leveraged rationalization plan. As seen by Sealed Air Corporations binding debt covenants, Sealed Air was only allowed to spend a certain amount per year on capital expenditures. From analyzing this case study, as well as further research on Sealed Air Corporation, it can be seen that a leveraged rationalization plan worked out well for Sealed Air. Sealed Air had all of the necessary requirements in order to make a plan like this successful. The company created value for the corporation as a whole, as well as their shareholders. Management was able to show that the corporations shares were undervalued and improved investors perception of the company in the market.