Monday, September 30, 2019

Berkshire Hathaway

Berkshire Hathaway Overview Before Warren Edward Buffett, Berkshire Hathaway was a textile company. Buffet acquired stocks and before long he was the largest shareholder (1963). He became part of the board and appointed the chairman so he would have someone he trusted running the company. With the funds from Berkshire Hathaway coming in, Buffett used it to invest in National Indemnity. The company was bought but he left it the way it was: left previous Ringwalt in charge, kept current employees, shareholder benefits and so on. Insurance companies are a perfect way to get a lot of capital up front because you can then use this money to purchase other companies or stocks, like what Buffet did. Buffet was involved with several companies and bought GEICO(Jayanti), General Re and other manufacturing and service companies. Today Berkshire Hathaway is one of the largest holding companies in America. It owns different companies from retail to jewelry to electric companies. These companies run separate from Berkshire Hathaway. It does not produce the goods or provide the services but serves as an umbrella that owns shares or the whole of the companies that are underneath it. Many of these companies were purchased by the company’s many insurance options. Big names include GEICO, Borsheim, PacifiCorp and Vanity Fair. (Jayanti). Porter Five-Force Model Porter’s Five-Forces Model of Industry Competition pertains to the threat of new entrants, the bargaining power of buyers, the bargaining power of suppliers, the threat of substitute products and services, and the intensity of rivalry among competitors in an industry. These five forces can determine the stature of a market. In the case of Berkshire Hathaway there is a low threat of new entrants for the multi-businesses in one industry. It is significantly hard to own various different companies, have them operate to full potential and still remain a leader on the industry board. Although competitors cannot directly compete with Berkshire Hathaway, they still take a nice chunk from its potential market. As a matter a fact, there are only two direct competitors in the industry that are above Berkshire Hathaway, it is Motors Liquidation Co and Ford Motor Co. As more self-made businesses(which is what Warren Buffett likes to acquire) open competition is created through price, increase in advertisement, and suppliers. This competition benefits buyers by giving them more options or bargaining power in where they choose to shop. For Instance like what happened to Berkshire’s textile business, after a while competition increased prices dropped and textile had simply became another commodity. So as you can see from the example, this affects Berkshire directly because of their higher quality products but premium prices makes it hard to compete with low cost leaders. This takes valuable time and effort away from internal operations because in cases like these the opposition has to be constantly analyzed. Consequently, if neither competitor decreases their prices to a consumer’s expectation this may result in the consumers going to the suppliers directly; once again giving the bargaining power to the buyer. As far as bargaining power to the suppliers, they wouldn’t really have any edge in increasing their prices or power unless it is a scarce resource and demand is high. Substitutes on the other hand, limit the potential returns of an industry by putting a ceiling on the prices industries can profitably charge. Finally, the only reason why rivalry is intense is because when you have large companies like Motors Liquidation, Ford and Berkshire rivalry heats up and everyone fights for the number one spot, and usually does whatever it takes to get it. The rivalry forces a constant close monitoring of competitors, which entails unnecessary excessive expenditure. For example, they would have to ask and analyze questions such as, where are they opening their stores? Are they using the same criteria in choosing locations? How much are they charging for similar products? And can we compete with their price? In Summary, Berkshire needs to be aware that intensive rivalry will increase costs, such as constantly competing with prices, having to offer bargains which will lead to high exit barriers. In the end if the company is doing everything right and it is focusing on their company and how to improve it then it is a win-win situation because the biggest edge any company has is that: NO TWO FIRM ARE EXACTLY THE SAME. SWOT Analysis â€Å"Berkshire Hathaway is a holding company owning subsidiaries engaged in a number of business activities. Co. ‘s key businesses are its insurance businesses, which are conducted on a primary and reinsurance basis. Co. s insurance businesses provide insurance and reinsurance of property and casualty risks world-wide and also reinsure life, accident and health risks world-wide. At Dec 31 2008, Co. ‘s insurance and reinsurance activities were conducted through about 60 domestic and foreign-based insurance entities. Co. also owns and operates other businesses, including utilities and energy businesses, manufacturing, service and retailing, as well as finance and financial products businesses†. (mergent online, business synopsis) S trengths |Weaknesses | |Top management reputation & leadership |Over dependence on Warren Buffett's leadership | |Strong capital position and superior financial ratings |Slower growth in certain investments (Coke, P, Shaw industries) | |Diversified portfolio ranging from property and casualty insurance and|Diversification – McLane accounts for almost 1/3 of Berkshire's | |reinsurance, utilities, energy, finance, manufacturing, services and |revenues and 1/3 of McLane's business is tied to one single company | |retailing |(Wal-Mart) | |Strong and consistent top and bottom line growth |Company's stock inaccessible to most people | |Integrated Insurance Operations |Volatile Investment Portfolio | |Distinct Business Strategy |Declining Investment Returns | Funding Resources |Decline in Profitability | |Diversity of Businesses | | | | | | | | | | | |Opportunities |Threats | |Acquisitions – given current market conditions the company has |Financial & economic ma rkets turmoil | |identified areas of investment (ie Goldman Sachs) |Potential capital requirement changes both in the US and Europe | |Alternative energy investments |Worldwide weak consumer environment | |Favorable Phase for Life and Annuity Market |Unstable Political Conditions in Certain Regions | |Growing MidAmerican Business Identity |Governmental Investigations | |Opportunity for Acquisitions |Competition in the Insurance Industry | | |Impact of Economic Slowdown | Industry Property and Casualty Insurance – ? Through its 51 subsidiary companies, it engages primarily in insuring and reinsuring property and casualty risks business. Berkshire Hathaway, Inc is a publicly owned investment manager. It invests in the United States and Canada’s public equity markets. Competition Berkshire Hathaway’s top competitors, based on its insurance businesses are: ? The Blackstone Group L. P. (BX) – a company with subsidiaries as well that was founded in 1985 and is headquartered in New York. ? HM Capital Partners LLC (Pvt1) is a privately held company with diversified investments located in Dallas, Texas. ? KKR & Co. L. P. (Pvt2), also a privately held company located in New York, New York. |DIRECT COMPETITOR COMPARISON |   | ? | | ? | |BRK-A | |BX | |Pvt1 | |Pvt2 | |Industry | | | |Market Cap: | |158. 43B | |3. 90B | |N/A | |N/A | |885. 31M | | | |Employees: | |246,000 |1,340 | |N/A | |N/A | |718 | | | |Qtrly Rev Growth (yoy): | |-1. 60% | |14. 80% | |N/A | |N/A | |2. 0% | | | |Revenue (ttm): | |104. 91B | |-320. 00M | |N/A | |N/A | |808. 84M | | | |Gross Margin (ttm): | |11. 6% | |N/A | |N/A | |N/A | |18. 38% | | | |EBITDA (ttm): | |7. 06B | |-4. 3B | |N/A | |N/A | |40. 44M | | | |Oper Margins (ttm): | |3. 86% | |1,375. 92% | |N/A | |N/A | |16. 0% | | | |Net Income (ttm): | |2. 94B | |-1. 15B | |N/A | |N/A | |N/A | | | |EPS (ttm): | |1893. 645 | |-4. 48 | |N/A | |N/A | |0. 95 | | | |P/E (ttm): | |53. 94 | |N/A | |N/A | |N/A | |13. 6 | | | |PEG (5 yr expected): | |4. 14 | |2. 82 | |N/A | |N/A | |0. 97 | | | |P/S (ttm): | |1. 9 | |N/A | |N/A | |N/A | |0. 94 | | | Company Financials Balance Sheet (in the thousands) from 2006 – 2008: Total Assets: 248,427,000273,160,000267,399,000 Total Liabilities: 137,756,000149,759,000153,820,000 Total Stockholders’ Equity: 108,419,000120,733,000109,267,000 The retained earnings were at a loss: 58,912,00072,153,00078,172,000 Assets and Liabilities has separate sections for Insurance & other businesses, Utilities & energy, and Finance & financial products Income Statement (in the thousands) from 2006 – 2008: Income Statement has separate sections for Insurance & other businesses, Utilities & energy, and Finance & financial products. Total Revenues: 98,539,000118,245,000107,786,000 Total Costs and Expenses: 81,761,00098,084,000100,212,000 Earnings before Income Taxes: 16,778,00020,161,0007,574,000 Net earnings (loss): 11,015,00013,213,0004,994,000 Total number of Stockholders: 19,10018,50018,100 Common Stockholders are split into 2 groups: class A and class B Class A Stockholders: 5,1004,6004,200 Class B Stockholders: 14,00013,90013,900 Earnings per Share (at a loss): 7,1448,5483,224 Statement of Cash Flows (in the thousands) from 2006 – 2008: Cash from finances has separate sections for Insurance & other businesses, Utilities & energy, and Finance & financial products. Net Cash from Operations: 10,195,00012,550,00011,252,000 Net Cash from Investments: (14,077,000)(13,428,000)  (32,066,000) Net Cash from Finances: 2,607,0001,366,0002,286,000 Cash and cash equivalents at the beginning of the year: 45,018,00043,743,00044,329,000 Cash and cash equivalents at the end of the year: 43,743,00044,329,00025,539,000 Financial Ratios from 2006 – 2008: Profitability Ratios:200620072008 Return on Assets: 4. 93%5. 07%1. 84% Return on Equity:11. 02%11. 53%4. 33% Loss Ratio:61. 28%71. 72%70. 91% Debt Management: Debt to Equity Ratio:0. 290. 270. 34 Asset Management: Asset Turnover:0. 440. 450. 4 Property, Plant, and Equipment Turnover: 4. 833. 42. 64 Cash & Cash Equivalents Turnover: 2. 232. 693. 08 Industry/Market comparison data from 2008: CompanyIndustry MedianMarket Medium Net profit margin:2. 37%–5. 53% Price/Sales ratio:1. 483. 416. 55 Price/Earnings ratio:62. 50(11. 98)23. 81 Price/Book ratio:1. 521. 466. 30 Price/Cash Flow ratio:12. 4724. 9440. 65 12-Month EPS growth:(62. 3%)–(50. 0%) 36-Month EPS growth:(16. 5%)–(14. 7%) Bibiliography: Source Berkshire Hathaway pda file from Harvard Business School Mergent Online Hoover’s Online Berkshire Hathaway Berkshire Hathaway Overview Before Warren Edward Buffett, Berkshire Hathaway was a textile company. Buffet acquired stocks and before long he was the largest shareholder (1963). He became part of the board and appointed the chairman so he would have someone he trusted running the company. With the funds from Berkshire Hathaway coming in, Buffett used it to invest in National Indemnity. The company was bought but he left it the way it was: left previous Ringwalt in charge, kept current employees, shareholder benefits and so on. Insurance companies are a perfect way to get a lot of capital up front because you can then use this money to purchase other companies or stocks, like what Buffet did. Buffet was involved with several companies and bought GEICO(Jayanti), General Re and other manufacturing and service companies. Today Berkshire Hathaway is one of the largest holding companies in America. It owns different companies from retail to jewelry to electric companies. These companies run separate from Berkshire Hathaway. It does not produce the goods or provide the services but serves as an umbrella that owns shares or the whole of the companies that are underneath it. Many of these companies were purchased by the company’s many insurance options. Big names include GEICO, Borsheim, PacifiCorp and Vanity Fair. (Jayanti). Porter Five-Force Model Porter’s Five-Forces Model of Industry Competition pertains to the threat of new entrants, the bargaining power of buyers, the bargaining power of suppliers, the threat of substitute products and services, and the intensity of rivalry among competitors in an industry. These five forces can determine the stature of a market. In the case of Berkshire Hathaway there is a low threat of new entrants for the multi-businesses in one industry. It is significantly hard to own various different companies, have them operate to full potential and still remain a leader on the industry board. Although competitors cannot directly compete with Berkshire Hathaway, they still take a nice chunk from its potential market. As a matter a fact, there are only two direct competitors in the industry that are above Berkshire Hathaway, it is Motors Liquidation Co and Ford Motor Co. As more self-made businesses(which is what Warren Buffett likes to acquire) open competition is created through price, increase in advertisement, and suppliers. This competition benefits buyers by giving them more options or bargaining power in where they choose to shop. For Instance like what happened to Berkshire’s textile business, after a while competition increased prices dropped and textile had simply became another commodity. So as you can see from the example, this affects Berkshire directly because of their higher quality products but premium prices makes it hard to compete with low cost leaders. This takes valuable time and effort away from internal operations because in cases like these the opposition has to be constantly analyzed. Consequently, if neither competitor decreases their prices to a consumer’s expectation this may result in the consumers going to the suppliers directly; once again giving the bargaining power to the buyer. As far as bargaining power to the suppliers, they wouldn’t really have any edge in increasing their prices or power unless it is a scarce resource and demand is high. Substitutes on the other hand, limit the potential returns of an industry by putting a ceiling on the prices industries can profitably charge. Finally, the only reason why rivalry is intense is because when you have large companies like Motors Liquidation, Ford and Berkshire rivalry heats up and everyone fights for the number one spot, and usually does whatever it takes to get it. The rivalry forces a constant close monitoring of competitors, which entails unnecessary excessive expenditure. For example, they would have to ask and analyze questions such as, where are they opening their stores? Are they using the same criteria in choosing locations? How much are they charging for similar products? And can we compete with their price? In Summary, Berkshire needs to be aware that intensive rivalry will increase costs, such as constantly competing with prices, having to offer bargains which will lead to high exit barriers. In the end if the company is doing everything right and it is focusing on their company and how to improve it then it is a win-win situation because the biggest edge any company has is that: NO TWO FIRM ARE EXACTLY THE SAME. SWOT Analysis â€Å"Berkshire Hathaway is a holding company owning subsidiaries engaged in a number of business activities. Co. ‘s key businesses are its insurance businesses, which are conducted on a primary and reinsurance basis. Co. s insurance businesses provide insurance and reinsurance of property and casualty risks world-wide and also reinsure life, accident and health risks world-wide. At Dec 31 2008, Co. ‘s insurance and reinsurance activities were conducted through about 60 domestic and foreign-based insurance entities. Co. also owns and operates other businesses, including utilities and energy businesses, manufacturing, service and retailing, as well as finance and financial products businesses†. (mergent online, business synopsis) S trengths |Weaknesses | |Top management reputation & leadership |Over dependence on Warren Buffett's leadership | |Strong capital position and superior financial ratings |Slower growth in certain investments (Coke, P, Shaw industries) | |Diversified portfolio ranging from property and casualty insurance and|Diversification – McLane accounts for almost 1/3 of Berkshire's | |reinsurance, utilities, energy, finance, manufacturing, services and |revenues and 1/3 of McLane's business is tied to one single company | |retailing |(Wal-Mart) | |Strong and consistent top and bottom line growth |Company's stock inaccessible to most people | |Integrated Insurance Operations |Volatile Investment Portfolio | |Distinct Business Strategy |Declining Investment Returns | Funding Resources |Decline in Profitability | |Diversity of Businesses | | | | | | | | | | | |Opportunities |Threats | |Acquisitions – given current market conditions the company has |Financial & economic ma rkets turmoil | |identified areas of investment (ie Goldman Sachs) |Potential capital requirement changes both in the US and Europe | |Alternative energy investments |Worldwide weak consumer environment | |Favorable Phase for Life and Annuity Market |Unstable Political Conditions in Certain Regions | |Growing MidAmerican Business Identity |Governmental Investigations | |Opportunity for Acquisitions |Competition in the Insurance Industry | | |Impact of Economic Slowdown | Industry Property and Casualty Insurance – ? Through its 51 subsidiary companies, it engages primarily in insuring and reinsuring property and casualty risks business. Berkshire Hathaway, Inc is a publicly owned investment manager. It invests in the United States and Canada’s public equity markets. Competition Berkshire Hathaway’s top competitors, based on its insurance businesses are: ? The Blackstone Group L. P. (BX) – a company with subsidiaries as well that was founded in 1985 and is headquartered in New York. ? HM Capital Partners LLC (Pvt1) is a privately held company with diversified investments located in Dallas, Texas. ? KKR & Co. L. P. (Pvt2), also a privately held company located in New York, New York. |DIRECT COMPETITOR COMPARISON |   | ? | | ? | |BRK-A | |BX | |Pvt1 | |Pvt2 | |Industry | | | |Market Cap: | |158. 43B | |3. 90B | |N/A | |N/A | |885. 31M | | | |Employees: | |246,000 |1,340 | |N/A | |N/A | |718 | | | |Qtrly Rev Growth (yoy): | |-1. 60% | |14. 80% | |N/A | |N/A | |2. 0% | | | |Revenue (ttm): | |104. 91B | |-320. 00M | |N/A | |N/A | |808. 84M | | | |Gross Margin (ttm): | |11. 6% | |N/A | |N/A | |N/A | |18. 38% | | | |EBITDA (ttm): | |7. 06B | |-4. 3B | |N/A | |N/A | |40. 44M | | | |Oper Margins (ttm): | |3. 86% | |1,375. 92% | |N/A | |N/A | |16. 0% | | | |Net Income (ttm): | |2. 94B | |-1. 15B | |N/A | |N/A | |N/A | | | |EPS (ttm): | |1893. 645 | |-4. 48 | |N/A | |N/A | |0. 95 | | | |P/E (ttm): | |53. 94 | |N/A | |N/A | |N/A | |13. 6 | | | |PEG (5 yr expected): | |4. 14 | |2. 82 | |N/A | |N/A | |0. 97 | | | |P/S (ttm): | |1. 9 | |N/A | |N/A | |N/A | |0. 94 | | | Company Financials Balance Sheet (in the thousands) from 2006 – 2008: Total Assets: 248,427,000273,160,000267,399,000 Total Liabilities: 137,756,000149,759,000153,820,000 Total Stockholders’ Equity: 108,419,000120,733,000109,267,000 The retained earnings were at a loss: 58,912,00072,153,00078,172,000 Assets and Liabilities has separate sections for Insurance & other businesses, Utilities & energy, and Finance & financial products Income Statement (in the thousands) from 2006 – 2008: Income Statement has separate sections for Insurance & other businesses, Utilities & energy, and Finance & financial products. Total Revenues: 98,539,000118,245,000107,786,000 Total Costs and Expenses: 81,761,00098,084,000100,212,000 Earnings before Income Taxes: 16,778,00020,161,0007,574,000 Net earnings (loss): 11,015,00013,213,0004,994,000 Total number of Stockholders: 19,10018,50018,100 Common Stockholders are split into 2 groups: class A and class B Class A Stockholders: 5,1004,6004,200 Class B Stockholders: 14,00013,90013,900 Earnings per Share (at a loss): 7,1448,5483,224 Statement of Cash Flows (in the thousands) from 2006 – 2008: Cash from finances has separate sections for Insurance & other businesses, Utilities & energy, and Finance & financial products. Net Cash from Operations: 10,195,00012,550,00011,252,000 Net Cash from Investments: (14,077,000)(13,428,000)  (32,066,000) Net Cash from Finances: 2,607,0001,366,0002,286,000 Cash and cash equivalents at the beginning of the year: 45,018,00043,743,00044,329,000 Cash and cash equivalents at the end of the year: 43,743,00044,329,00025,539,000 Financial Ratios from 2006 – 2008: Profitability Ratios:200620072008 Return on Assets: 4. 93%5. 07%1. 84% Return on Equity:11. 02%11. 53%4. 33% Loss Ratio:61. 28%71. 72%70. 91% Debt Management: Debt to Equity Ratio:0. 290. 270. 34 Asset Management: Asset Turnover:0. 440. 450. 4 Property, Plant, and Equipment Turnover: 4. 833. 42. 64 Cash & Cash Equivalents Turnover: 2. 232. 693. 08 Industry/Market comparison data from 2008: CompanyIndustry MedianMarket Medium Net profit margin:2. 37%–5. 53% Price/Sales ratio:1. 483. 416. 55 Price/Earnings ratio:62. 50(11. 98)23. 81 Price/Book ratio:1. 521. 466. 30 Price/Cash Flow ratio:12. 4724. 9440. 65 12-Month EPS growth:(62. 3%)–(50. 0%) 36-Month EPS growth:(16. 5%)–(14. 7%) Bibiliography: Source Berkshire Hathaway pda file from Harvard Business School Mergent Online Hoover’s Online

Sunday, September 29, 2019

Managing Ethically Essay

Today’s business world often requires that employees work longer hours and travel extensively. This forces many to sacrifice family time and other personal responsibilities for their careers. In a one to two page paper, answer the following: What are the ethical implications of requiring that employees dedicate long hours and extensive travel time to their careers? What obligations, if any, does a manager or employer have to enable employees to create a balanced professional and private life? Support your answers with examples. Understanding, that ethics is about fairness and equity. Businesses are cutting labor, but not cutting the amount of work that has to be done. I work for a very large company, and three years ago there was a large reorganization. The team I was on went from 22 people down to 12, but the workload did not drop. We were required to pick up the extra work. There was no choice, the work had to be done, and someone had to do it. Managers do not have any obligations to their employees to provide balance for them, but it creates a bad working environment. Employees that are not happy at their jobs are not as productive. It can also bring down morale for the entire team. There are things that can be done to help eliminate some of the ethical issues that could arise. There are plenty of workaholics out there that want to work longer hours and travel extensively, find out who wants to do it, and who does not. This is not a guarantee, but could stop a problem before there is one.

Saturday, September 28, 2019

Campari Case

It is split in two different channels, the modern one (GDO, DO) and the traditional one (wholesalers, liquor stores and ho. e. ca day and night). Certain areas let Campari to distribute its products directly to customers such as disco for spirit segment or directly to restaurants for Wine segment (i. e. Sella ; Mosca). Distribution strategy so is fundamental to GARANTIRE a constant and efficient position and to be close to customers. For this reason Campari group in Italy decide to outsource this process of supply chain. In fact the central distribution center is owned by ‘’Gruppo Zanardo’’. As Donatella Rampinelli, Customer management director, highlight ‘’ the choice to outsource the distribution process in founded on logics of efficiency and EFFICACIA. Until 1991 distribution process was owned by Campari but this generate very high cost for the company so starting from 1995 they decide to outsource the process (also more focused in GDO channel) and this permit also to maximizing the effect on warehouse management ( stocking, order management, inventory). Export Management: that involve foreign order, management of commercial border and custom paperwork and physical delivery management. Administrative: that involve administrative and physical paperwork related to import/export, management of warehouses, or the introduction of new products (custom codes and quantification of taxes). Customer management * The advantages of having a stable production cycle producing batches of large dimensions is that it could facilitate planning of production, warehouses, distribution, and order. Standardization of the process. Another could be cost saving in terms of production process, using economies of scale or the fully disponibilita of products in order to maintain customer loyalty. On the other hand disadvantages are related to higher stock and warehouse costs (also due to taxes) †¦.. * The distribution process start from the order of the customer, it could be inserted directly from headquarters (fax-mail) or arrive from the SAP CIS through EDI (electronic data interchange) or via CRM (customer relationship management) through the sales force. The process of distribution end with the shipment that could be shipped from production plants directly to customer or passing through distribution centers. The process of shipment as already said is outsourced in order to reduce transportation costs, in order to obtain better quality and have on time information on the status of deliveries. Obtaining information in real time about the status of the shipment is fundamental in order to be able to inform the customer in real time and also in order to a better planning of next shipment, warehouses and problem solving (returns, substitutions, delays, urgencies, and so on). * Customer service†¦Ã¢â‚¬ ¦ How does the online auction system work? * Campari Case It is split in two different channels, the modern one (GDO, DO) and the traditional one (wholesalers, liquor stores and ho. e. ca day and night). Certain areas let Campari to distribute its products directly to customers such as disco for spirit segment or directly to restaurants for Wine segment (i. e. Sella ; Mosca). Distribution strategy so is fundamental to GARANTIRE a constant and efficient position and to be close to customers. For this reason Campari group in Italy decide to outsource this process of supply chain. In fact the central distribution center is owned by ‘’Gruppo Zanardo’’. As Donatella Rampinelli, Customer management director, highlight ‘’ the choice to outsource the distribution process in founded on logics of efficiency and EFFICACIA. Until 1991 distribution process was owned by Campari but this generate very high cost for the company so starting from 1995 they decide to outsource the process (also more focused in GDO channel) and this permit also to maximizing the effect on warehouse management ( stocking, order management, inventory). Export Management: that involve foreign order, management of commercial border and custom paperwork and physical delivery management. Administrative: that involve administrative and physical paperwork related to import/export, management of warehouses, or the introduction of new products (custom codes and quantification of taxes). Customer management * The advantages of having a stable production cycle producing batches of large dimensions is that it could facilitate planning of production, warehouses, distribution, and order. Standardization of the process. Another could be cost saving in terms of production process, using economies of scale or the fully disponibilita of products in order to maintain customer loyalty. On the other hand disadvantages are related to higher stock and warehouse costs (also due to taxes) †¦.. * The distribution process start from the order of the customer, it could be inserted directly from headquarters (fax-mail) or arrive from the SAP CIS through EDI (electronic data interchange) or via CRM (customer relationship management) through the sales force. The process of distribution end with the shipment that could be shipped from production plants directly to customer or passing through distribution centers. The process of shipment as already said is outsourced in order to reduce transportation costs, in order to obtain better quality and have on time information on the status of deliveries. Obtaining information in real time about the status of the shipment is fundamental in order to be able to inform the customer in real time and also in order to a better planning of next shipment, warehouses and problem solving (returns, substitutions, delays, urgencies, and so on). * Customer service†¦Ã¢â‚¬ ¦ How does the online auction system work? *

Friday, September 27, 2019

Types of Marketing Strategies and Elements of a Successful Marketing Term Paper

Types of Marketing Strategies and Elements of a Successful Marketing Strategy - Term Paper Example One should remember that marketing is not like mathematics, in which there are set formulae to derive results. However, goals are met on the basis of past experiences, and some trial and error. Marketing strategies are based on the principles of psychology and sociology and believes in one core value that customers come first; therefore, one needs to satisfy their needs. TYPES OF MARKETING STRATEGIES Marketing strategies are divided on the basis of the status of the organization in the market, its stage in the life cycle and also on the basis of different levels in the company. Strategies based on Market Dominance Market Leader Strategies Market leader focuses on expanding total market, defending market share or expanding market share. Total market can be expanded either by attracting new users, creating more usage or new usage. Market share can be defended through â€Å"position defense, flanking defense, pre-emptive defense, counter-offensive defence, mobile defence, market broade ning, and market diversification and contraction defense† (Smith, n.d). Market Challenger Strategies A challenger can attack the leader by making â€Å"a frontal, flank, encirclement, and bypass or guerrilla attack† (Smith, n.d). Other strategies available to a market challenges include â€Å"offering price discounts, offering goods at low cost, introducing prestige goods, doing product proliferation, bringing innovation in the product, improving services, bringing innovation in the distribution, reducing manufacturing cost or doing intensive advertising† (Ranchhod, Tinson, & Gauzente, Marketing Strategies, 2004, p. 182). Market Follower Strategies Market follower can either become a counterfeiter, cloner, Imitator, or adapter. Market Niche Strategies Market niche follows â€Å"market differentiation strategy† (McDonald, 1995, p. 50). Porter’s Generic Strategies Porter generalised marketing strategies in three broad types that companies can choose f rom in order to get a competitive advantage. These are â€Å"market segmentation, market differentiation and cost leadership† (Bradley, 2005, p. 152).  

Thursday, September 26, 2019

Natural Monopoly Essay Example | Topics and Well Written Essays - 250 words

Natural Monopoly - Essay Example With the pay as you go payment model, this system is bound to favor most companies and firms especially the small firms. As the usage increases so does the costs for example the charges would depend on the number of users as well as the number of transactions. The different benefits of SaaS have gone a step further to encourage the monopoly that is in the software development world. Saas implementation will allow for the IT (Information Technology) budget to go further as the costs are lesser as compared to the acquiring of traditional software. The people services in SaaS are also not underestimated. Another advantage that is fanning the SaaS flame is that it allows for better management of growth. There is also the aspect of the vendor being accountable as they are and will remain in contact with the user even after the purchase of the software (MultiMedia Communications). As the computer software is hosted at the vendor’s premises in SaaS, the support offered by the vendor on the software only goes further to encourage users to opt for this technology. The staffs of the vendor company are in a better position to offer the best support as well as maintenance on the software. The software can and is also upgraded often as they are in close contact with the client and can get to know the changing user needs and requirements. The close contact will enable the development of software that is very detailed and specific to the user’s needs. Traditional software applications have not done much to discourage monopoly in the software development world. Traditional software is expensive as its upfront licensing costs as well as the annual evergreen support costs are off the roof. All other costs including maintenance and management are provided for by the user, an aspect that many a company are running away from as they try to minimize their

Business law Case Study Example | Topics and Well Written Essays - 3500 words

Business law - Case Study Example 6 (d)Was the appeal decision ‘fair and equitable’ to the chicken growers in light of the dynamic commercial relations existing between the parties? 7 Question2 8 Overview of the Case 8 Common Law 9 Equitable Remedies 10 Specific performance in Equity 11 Common Law ‘Exceptions’ to the ‘Privity of Contract’ 11 Question 3 14 Overview of the Case 14 Civil Liability Act 2003 (Qld) and Its Common Features 15 Professional Liability associated with Dr Zola towards Rubicon Holding Ltd 16 References 18 Question 1 (a) Provide a short account of the commercial background of the case, and key aspects/clauses of the standardized contract in dispute between the parties. The Federal Court of Australia issued its judgement in the case of Steggles Limited v Yarrabee Chicken Company Pty Ltd [2012] FCAFC 91 under the Federal Court of Australia Act 1976 (Cth) of contractual dispute. The joint judgement made by Jacobson, Lander and Foster JJ,  agreed that appeal sh ould be duly allowed to Yarrabee (applicant) as against Steggles (plaintiff). In 2004, Yarrabee Chicken Company Pty Ltd was reputed as one of the chicken growers in the Hunter Valley, which had arrived into a contract with Steggles Limited. The contract was in the same form to all other growers including Yarrabee Chicken Company which included Growers to grow chickens with the application of tunnel growing methods. On the grounds of breach of contract, Yarrabee filed proceedings against Steggles under Part IVA of the Federal Court of Australia Act 1976 (Cth) suing Steggles with respect to the confusion raised from a particular contractual term of â€Å"extra Shed capacity† which could have implied the assistance to be rendered by Steggles in terms of increased physical capacity to grow more birds or through the facility of growing extra number of birds in the given capacity. The major issues of the case dealt with the specification of clause7.4 articulated in the contract bet ween Yarrabee and Steggles. It was under this particular clause of the contract that Steggles was considered to be liable to offer ‘any extra shed capacity’ to the Growers in preference to any other third party which apparently depicts the occurrence of a contractual dispute. (b) Regarding the pivotal clause 7.4, what case law principles governed its ‘proper construction’, in the view of the judges (Jacobson, Lander & Foster JJ) on appeal? The primary judge affirmed that the phrase ‘extra shed capacity’, as articulated in the clause 7.4 of the contract bound Steggles â€Å"to offer to the growers, first and in preference to any third party, the capacity to grow any bird to be processed at the Beresfield processing plant in one of the Growers’ sheds on their farms†. The second judgement with respect to the case affirmed that Steggles had resulted in the breach of contract against the terms articulated in cl 7.4(a) of the contract e ntered between the Growers and Steggles. In this particular context, Steggles was found to breach the contract against the terms illustrated under cl 7.4 (a) of the contract as the judges concluded that â€Å"the evidence makes plain that Steggles distributed chickens to other growers for processing at the Beresfield plant when the Growers had capacity to grow those chickens†. However, Steggles was not satisfied with the above stated findings made by the primary judges and appealed against those findings. Contextually,

Wednesday, September 25, 2019

E-Payment Systems Assignemnt Assignment Example | Topics and Well Written Essays - 1250 words

E-Payment Systems Assignemnt - Assignment Example The report will also try to underline a comparison among the mentioned methods. Apart from that the report will also emphasize on the aspect of database security of the seller. Table of Contents Table of Contents 3 Introduction 4 Method 1: Credit or Debit Card 5 Method 2: Cash on Delivery 6 8 Method 3: Mobile Phone Payment 8 Matrix Comparison 10 Security 11 References 12 Introduction In spite of the incident of dot-com bust, internet has changed the way organizations carry out their business. Internet helps an organization in finding new avenues of generating revenue, achieving new set of customers and also managing the supply chain of the business. Internet has significantly impacted on the global economy (Reynolds, 2004, p.5). Organizations also understood that internet is one the best medium of carrying out the business in a cost effective way and directly selling the products to the end user, thereby restricting entry of any third party. Thus during the early 1990’s the co ncept of e-commerce were hugely incorporated into the business process of the organizations. Electronic commerce or what is commonly known as e-commerce is an application which facilitates online selling and buying of goods and services. It offers online fund transfer; Electronic Data Exchange (EDI), online marketing and different other applications. The major advantages of using e-commerce are maximization of speed in the context of service delivery, reduction in the overall cost and also quicker response to the customers. Electronic commerce also plays crucial role in the process of online payment. Online payment method refers to the process of directly transferring funds to the seller’s bank account. The biggest advantage of an online payment option is that it instantly completes the entire process of payment. The electronic payment options which are accepted in e-commerce include credit cards, debit cards, cash cards and internet banking. Furthermore in order to conduct i nternational money transfers there are several online platforms such as PayPal, alert pay and Google checkout among other which aid in the process of transferring money. Therefore in order to facilitate online payment options issues such as convenience of customer and technical infrastructure and the security of the method must be taken into account. Thus modern systems need to be incorporated for better and smoother transaction. The recommended methods of payments are summarized below:- Method 1: Credit or Debit Card A debit or a credit card is one of the most widely used and accepted method of payment. Credit cards or debit cards are generally issued by banks or any other financial institutions. In this payment method the user directly transfers the money to the seller’s bank account either from its own bank account or through the credit issued by the banking authority. The process is also very simple, thus it will provide huge convenience to the customers. Furthermore it a lso consumes very less time the payment process can be carried out within few minutes. In case of customers making use of credit card they need to repay it later to issuing authority while on the contrary debit card users pay real time from their respective bank account (Radu, 2003, p.2). The option also provides high security to both the

Tuesday, September 24, 2019

Mitosis and Meiosis Assignment Example | Topics and Well Written Essays - 750 words

Mitosis and Meiosis - Assignment Example There are 3 aspects that are critical for the survival of all organisms and they are growth, repair and reproduction. Division of cells is very important for these events. Division of cells happens through 2 different types of processes, the mitosis and meiosis which constitute different phases of cell cycle (Sadava, 2013). As and when needed, different hormones in the body of the organism send signals to the cells for preparation for division. There are mainly 2 parts in the process of division. The first phase is the interphase during which there is growth and preparation. This is followed by cell division which includes cytokinesis and mitosis. Interphase constitutes 90 percent of the cell cycle. During mitosis, the nucleus of the cell is replicated and divided into 2 nuclei that are similar and have identical genetic material. This type of cell division is mainly for growth of cells, repair and asexual reproduction. The end result of mitosis is somatic cells, each of which will have diploid number of chromosomes (Sadava, 2013). There are basically four stages in mitosis. The first stage is known as prophase. Sister chromatids in the cell condense and become visible. The envelope of the nucleus breaks to expose the chromosomes. Formation of spindle fibers begins extending from the centrioles. The spindle fibers are made up of microtubules and they are attached to the centromere of sister chromatids. The centrioles migrate to opposite sides of the cells slowly. The next phase is the metaphase. There chromosomes form a line along the equatorial plate which is in the center of the cell. From here, the chromosomes are moved with the help of centrioles and spindle fibers. The third phase is the anaphase. The centromeres are pulled apart and the sister chromatids separate. This is done by spindle fibers. The daughter chromosomes are also pulled to opposite poles. Thus each daughter cell will have identical set of chromosomes similar to the parent cell. In the telophase, new nuclei begin to form in each cell aroun d chromosomes. The chromosomes also unravel into their loose form and spindle fibers disassemble. Cytokinesis starts and new cells are towed (Sadava, 2013). In cytokinesis, the cytoplasm of the cell divides into two parts, each one having a new nucleus. Thus, the daughter cells are genetically identical to the parent cell. Meiosis is another type of cell division which occurs in reproductive cells or germ cells only. It involves two fissions of the nucleus and gives rise to four sex cells or gametes (Sadava, 2013). Each of the cells has half the number of chromosomes of the parent cell. Meiosis occurs in 2 stages, meiosis -1 and meiosis-2. In meiosis-1, the pairs separate and in meiosis-2 sister chromatids separate as in mitosis. There are four steps in meiosis-1. The interphase is similar to mitosis during which the DNA replicates and forms sister chromatids connected at the centromere. However, homologous pairs of chromosomes pair up. In prophase-1, the chromosomes thicken and the homologous pairs of chromosomes tangle together and move towards the equatorial plate. Thus, 4 sister chromatids move together and this is known as tetrad. Nuclear envelop disappears and spinal fibers start forming. Crossing-over also occurs in this phase. Swapping of parts of chromosomes also occurs due to tangling. This leads to genetic variation between individuals. In metaphase-1, homologous pair line up along the equatorial plate. In anaphase-1, separation of homologous pairs occurs due to pulling of spindle fibers from the centromere. Now, each chromosome has 2 sister chromatids. In telophase-1, cytokinesis occurs with or without formation of nuclear membrane and this leads to new cells with haploid set of chromosomes in each and resembles sister chromatids (Sadava, 2013). In meiosis-2 that occurs after cytokinesis and telophase-1, division of cells occurs, but

Monday, September 23, 2019

Competetive Strategy - Hansen Natural Corporation Essay

Competetive Strategy - Hansen Natural Corporation - Essay Example An US firm Hansen Natural Corporation which markets soft drinks and beverages is considered for the purpose of our analysis. Soft drinks market is a highly competitive market in US and there are numerous small and large competitors already present in this industry. Policies are also suggested which will be useful for the company in the value creation over the next four years. One of the most critical issues regarding a business is the identification and development of a sustainable competitive advantage. It is much more critical when the business in concern is a small and emerging business where the market is already infested with numerous existent competitors. It has been found that many small businesses have often failed to develop competitive advantage over their competitors in the market. The entrepreneur of the business has to take steps in order to gain competitive advantage in their business. It is noteworthy to mention that the business community never welcomes new entreprene urs with open arms rather prevent the new entries from appropriating the market share from them. Thus development of competitive advantage is critical for a firm right from the entry stage to the end of the life of the business (Bressler, n.d., p.192) . Areas where the firms need to intervene in order to develop competitive advantage Small businesses are unable to compete with the large firms in terms of price as the price mechanism behavior remains in their hand due to market reputation as well as historical sales background. A typical behavior of a small firm can be given by an example in this case. Suppose a restaurant is opening and when asked its entrepreneur about the prospective a common answer is that, â€Å"we will offer good food at good prices† (Bressler,n.d.,p.193). Marketing mix elements can be viewed to deliver competitive advantage to the businesses. The elements of the marketing mix include product, price, place, and promotion. The companies have to concentrat e on these variables in order to gain competitive advantage. Cost also plays an important role in the competitive advantage paradigm (Rothaermel, n.d., p. 201). Big companies can negotiate lower costs and have advantages over the smaller companies. However there are possibilities of lowering the costs with the help of less capital equipment, location, overhead, lower distribution cost, lower labor cost, and lower investment cost. Before explaining them in brief with economic theories first of all we will discuss the characteristics of the market of soft drinks in US and its relevance with the Hans Natural Corporation. Characteristics of the soft drinks market in US In the present situation the soft drink industry is highly competitive for all the corporations involved in this business (Davies, n.d.). The soft drinks industry faces pressure from rival seller, new entrants to the industry, substitute goods, suppliers, and buyers. In the US soft drinks industry Coca-Cola, Pepsi Co and Cadbury Schweppes are the largest competitors. In 2004, Coca Cola’s working capital was around $1.1 billion and Pepsico’s total sales were $18.4 billion. Many small companies are also there like Facedrink, Arcadia Brewing Co, Banko Beverage Company, Carolina Canners Inc etc.( Beverage Companies, n.d.). The market is almost saturated and the growth is small. It is pretty difficult prospect for the new entrants in the industry. Another significant barrier

Sunday, September 22, 2019

Finding Forrester Essay Example for Free

Finding Forrester Essay As we all go through life, things may happen during our lives, big or small, that can affect yourself or others in different ways. In Finding Forrester an average sixteen year old boy is going through his life with some obstacles, and he carries them through very well. He is a very intelligent and gifted student that was helped along the way and as well as helping another person on their way too. Jamal Wallace, coming from the playground on the streets, gets accepted to attend Mailor- Callow, not only for his skills on the basketball court, but also for being a gifted student. Jamal loves to write and read books, but never has any serious help in that area. While just going along with his life as the average student, he is very talented on the basketball court-Until he meets an older man by the name of William Forrester. William is a very talented writer who is famous, but hiding from the world. William Forrester is a man hidden from the world just as Jamal’s intellectually gifted ability was. William’s a well-known professional writer, but does not get out or publish books anymore. He stays hidden and away from the world as much as possible; and doesn’t want anybody to know where he lives or that he is still around, as he likes to stay recluse. But Jamal comes along, it all changes slowly but surely. William and Jamal come together by writing when William helps him out at random with a paper and notes of William. So William did help with Jamal’s work and writing under certain circumstances. Jamal is not to let anybody know where Forrester lives or to ask questions about his personal life. They learn a lot from one another from writing and proof reading, yet being two opposite people. Jamal and William grow closer together through time and Jamal talks William into going out with him to a basketball game since he has not been out in so long, but William has an anxiety attack from this. So they leave and Jamal takes him to the Yankee Stadium as a great surprise. After that, William opens up to him, telling him about his life and why he is the way he is today, and all he is gone through that has affected him today. After that, William gives him essays of his own to help Jamal write his own as long as he didn’t use, or take out anything that was Williams work. Jamal ended up breaking the promise that tested their friendship that they have grown to have. A teacher of Jamal’s that he has not got along with through his school year for the teachers arrogance. Mr. Craward studies Jamal’s work hard and found the mistake he had made of taking Williams work and busts Jamal for copying work that could result in Jamal losing his scholarship and everything else he earned. If William did not help him through the situation and say that Jamal had his consent of using his work. William didn’t want anything to do with him or help because of the mistake Jamal made on his own for breaking their promise which was hard for Jamal to do in the first place. Jamal wrote a letter to William that he received the day the time for the charges were going to be against him for stealing work. William ended up taking his side and helping him out in front of everybody which was a task on its own for him. Everybody now knew Jamal and William knew one another and William was now in the open. William thanked Jamal for his friendship because he couldn’t have done this without him. Now he can go live his life like he should have been all because of Jamal. He rekindles his life, and a year later William passes way leaving all his stuff to Jamal for everything he has done for him to go out and live the rest of William’s life. No matter your age or how old you are or where you come up from, you can make changes on peoples life in the best of way just by making that certain friendship.

Friday, September 20, 2019

Techniques to Generate Sustainable Fuels and Biofuels

Techniques to Generate Sustainable Fuels and Biofuels SUSTAINABLE FUELS LIKE BIOFUELS Vishal Kaatal[1] University of Toronto Institute of Aerospace Studies, Toronto, Ontario I have studied different ways to generate Sustainable fuels like Biofuels. My focus is whether Biofuels can help the future of Aviation industry as a fuel source of energy, is it easy to produce in environmental without damaging it. What are the ways of generating Biofuels. Whether any country is focusing to produce Biofuels in abundant quantity and difficulties faced by them. Following selected papers have been selected to start my work but will not be limited to find various answers throughout the project and can be added when required. [1]In recent years, it has been seen drastic change in Climate, Natural resources got reduced, and fossil fuels are in the situation of extinction in near future which triggered scientist and researchers to find an alternative source of energy. They came up with an idea of Biofuel which is generated from the waste of trees, sewage, grass, etc. popularly known by Biomass. Biomass is available in abundant quantity in the world as well as cheaper in cost. In this paper, it shows how to produce Biofuel from Biomass for safer world. [2]This paper talks about the development of aviation biofuels. Aviation biofuel has been tested in various test flights which shows positive result but will take time for commercialized. The constrains which were discussed in interviews with leading global aviation biofuel stakeholders between October and December 2011 are costly production, feedstocks limitation and lack of policy for aviation biofuel throughout the world having rules and regulation at different countries. Paper discussed how to apply these problems for future development of global market for aviation biofuel. [3]This paper talks about Biofuels as a transport alternative fuel in Australia because it the 2nd largest about 24% of total energy consumption.ÂÂ   This large amount of energy demand can be meet with biofuels. It shows different biofuels sources available in Australia which can be produced and used by thinking of future projects.ÂÂ   In future, how to develop biofuel supply chain from different generations of biofuel. [4]This paper deals with the implementation of Biofuels in India as a substitute of fossil fuels and target to use biodiesel and bioethanol for the substitution of 20% fossil fuels by 2017. Also, it shows implications for land use, food production in India. [5]It talks about the use of many algae species to produce biofuels. It also talks about the issue of sustainability of commercial-scale microalgae to produce biofuels with the requirement of environmental conditions. [6]This paper talks about the advantage of algae over first and second generation biomass feedstocks to produce biofuels. It shows the scope and possibilities of Algal biorefineries and how the future of biofuels will be developed using algae. [7]In various ways algae is used to produce Biofuels but did anyone wonder whether the production is possible to meet our requirement. In this paper, the author talks about the limitations to commercialization of algae fuels should be learned and addressed for future commercialization. [8]It is notable that when another source of energy like solar, wind and biofuels usage increases concerns over environmental issues mostly in land use which effects on wildlife. In this paper, it talks about the several uncertainties and limitations to establishing energy production at airports, how to overcome these challenges. [9]In current situation, microalgae used for energy production seem not to be economically feasible. When microalgae cultivated under stress condition produces high-value compounds along with lipids or carbohydrates has been discussed here. [10]The extraction of oil consists of various steps which require energy, the cost of biodiesel from microalgae cost more compared to plant oil. Here sustainable approach for utilization as well as emerging cost effective methods has been discussed. References [1] S. Chakraborty, V. Aggarwal, D. Mukherjee and K. Andras, Biomass to biofuel: a review on production technology, ASIA-PACIFIC JOURNAL OF CHEMICAL ENGINEERING, vol. 7, no. 3, pp. S254-S262, 2012. [2] P. K. Gegg, L. C. Budd and S. G. Ison, The market development of avaition biofuel: drivers and constraints, Journal of Air Transport Management, vol. 39, pp. 34-40, 2014. [3] A. K. Azad, M. Rasul, M. Khan, S. C. Sharma and M. Hazrat, Prospect of biofuel as an alternative transport fuel in Australia, Renewable and Sustainable Energy Reviews, vol. 43, pp. 331-351, March 2015. [4] N. Ravindranath, C. S. Lakshmi, R. Manuvie and P. Balachandra, Biofuel production and implications for land use, food production and environmnet in India, Energy Policy, vol. 39, no. 10, pp. 5737-5745, October 2011. [5] M. A. Borowitzka and N. R. Moheimani, Sustainable biofuels from algae, Mitigation and Adaptation Strategies for Global Change, vol. 18, no. 1, pp. 13-25, January 2013. [6] J. Singh and S. Gu, Commercialization potential of microalgae for biofuels production, Renewable and Sustainable Energy Reviews, vol. 14, no. 9, pp. 2596-2610, 2010. [7] Y. Chisti, Constraints to commercialization of algal fuels, Journal of Biotechnology, vol. 167, no. 3, pp. 201-214, September 2013. [8] T. L. DeVault, J. L. Belant, B. F. Blackwell, J. A. Martin, J. A. Schmidt, L. W. Burger Jr and J. W. Patterson Jr, Airports offer Unrealized Potential for Alternative Energy Production, Environmental Management, vol. 49, no. 3, pp. 517-522, March 2012. [9] G. Markou and E. Nerantzis, Microalgae for high-value compounds and biofuels production: A review with focus on cultivation under stress conditions, Biotechnology Advances, vol. 31, no. 8, pp. 1532-1542, December 2013. [10] B. Singh, A. Guldhe, I. Rawat and F. Bux, Towards a sustainable approach for development of biodiesel from plant and microalgae, Renewable and Sustainable Energy Reviews, vol. 29, pp. 216-245, January 2014.

A Very Old Man with Enormous Wings Essay -- A Very Old Man with Enormo

A Very Old Man with Enormous Wings   Ã‚  Ã‚  Ã‚  Ã‚  The fictional tale entitled A Very Old Man with Enormous Wings is an intriguing story which is expressed very well in the title. The story is about just that, an old man with wings. The only aspect that the title fails to point out is that he is an angel. I find the story to be somewhat interesting; however, it isn’t exactly hard to put down.   Ã‚  Ã‚  Ã‚  Ã‚  The one thing about this story that stands out the most, is the author’s use of tone. This is the main aspect of the story that jumps out at you. The usage of tone and detail really works to the story’s advantage. The first paragraph alone is filled with descriptions that really set the tone and make you feel like you are there.   Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬Å"On the third day of rain they had killed so many crabs inside the house that Pelayo had to cross his drenched courtyard and throw them into the sea, because the newborn child had a temperature all night and they thought it was due to the stench. The world had been sad since Tuesday. Sea and sky were a single ash-gray thing and the sands of the beach, which on March nights glimmered like powdered light, had become a stew of mud and rotten shellfish. The light was so weak at noon that when Pelayo was coming back to the house after throwing away the crabs, it was hard for him to see what it was that was moving and groaning in the rear of the courtyard. He had to go very close to see that it was an old man, a very old man, lying face down in the mud, who, in spite of his tremendous efforts, couldn’t get up, impeded by his enormous wings.†   Ã‚  Ã‚  Ã‚  Ã‚  This paragraph does a good job of setting the tone. It gives you the feeling that you are in an old, small town. One of those little towns where everyone knows each other and the adventures and gossip of the school children travels town wide.   Ã‚  Ã‚  Ã‚  Ã‚  As the story goes on, the characters begin wondering why the angel is in there presence. Was he in the middle of a flight and was forced to land because of the weather? Or was he in front of their house because he was coming to help the family? They assumed that he was coming to help the child.   Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬Å"He’s an angel,† she told them. â€Å"He must have been coming for the child, but the poor fellow is so old that the rain knocked him down.†   Ã‚  Ã‚  Ã‚  Ã‚  Once everyone gets settled in the fact that an angel has crash landed in their town, they start to wonder what they sho... ...n for the family and all of the talk about the angel is quickly intercepted by a lady who is cursed with the body of a tarantula. After a while of everyone ignoring the angel, his wings heal. One day Elisenda looks out the kitchen window to see the angel fly away. He is struggling to fly because of his sore wings, but eventually he disappears in the horizon. This finishes the story with the feeling of a positive tone. Everything seems to be a little bit brighter at this point. Not only did the angel manage to recover and go back to wherever he came from, but at this point the family was quite wealthy because of the money brought in by the tourists who had come to see the fallen angel. There is no use in wondering if the angel came for a purpose anymore, his presence helped to completely turn the family’s lifestyle around. Their new mansion was very beautiful. It had gardens and balconies, as well as nets to keep the crabs in. This kept the crabs from getting into the house and making everything dirty, which was mentioned earlier in the story as the reason that the child was sick in the first place. I guess Elisenda was right when she said that the angel had come to help the baby.

Thursday, September 19, 2019

The Fencing Problem - Math Coursework :: Math Coursework Mathematics

The Fencing Problem - Math The task -------- A farmer has exactly 1000m of fencing; with it she wishes to fence off a level area of land. She is not concerned about the shape of the plot but it must have perimeter of 1000m. What she does wish to do is to fence off the plot of land which contains the maximun area. Investigate the shape/s of the plot of land that have the maximum area. Solution -------- Firstly I will look at 3 common shapes. These will be: ------------------------------------------------------ [IMAGE] A regular triangle for this task will have the following area: 1/2 b x h 1000m / 3 - 333.33 333.33 / 2 = 166.66 333.33ÂÂ ² - 166.66ÂÂ ² = 83331.11 Square root of 83331.11 = 288.67 288.67 x 166.66 = 48112.52ÂÂ ² [IMAGE]A regular square for this task will have the following area: Each side = 250m 250m x 250m = 62500mÂÂ ² [IMAGE] A regular circle with a circumference of 1000m would give an area of: Pi x 2 x r = circumference Pi x 2 = circumference / r Circumference / (Pi x 2) = r Area = Pi x rÂÂ ² Area = Pi x (Circumference / (Pi x 2)) ÂÂ ² Pi x (1000m / (pi x 2)) ÂÂ ² = 79577.45mÂÂ ² I predict that for regular shapes the more sides the shape has the higher the area is. A circle has infinite sides in theory so I will expect this to be of the highest area. The above only tells us about regular shapes I still haven't worked out what the ideal shape is. Width (m) Length (m) Perimeter (m) Area (mÂÂ ²) 500 0 1000 0 490 10 1000 4900 480 20 1000 9600 470 30

Wednesday, September 18, 2019

Feudalism in Form :: Economics Economy Essays

Feudalism in Form Environmental enslavement? Governmental capitalism? Working-class feudalism? In a complex world it is often impossible to label any one system with certainty, economic or otherwise. So the question arises of how does one explain past events and phenomenon without getting bogged down in the ensuing details? It becomes a matter of perspective- acknowledging that each individual or group sees certain events in a specific way, and that it takes multiple versions of a story to build a picture that might more fully represent the "bigger" picture. This explains how one film describing the economic events in a small town in Virginia in the 1920's can be riddled with questions and able to ignite explosive debates. Matewan was a small town in the hills of Virginia. The town itself was composed largely of native-born citizens, immigrant groups and racial groups from varied backgrounds. However, one thing common to most all citizens was the fact that their survival depended on the Stone Mountain Coal Company for which the men worked. From the first day of employment these individuals and families became dependent upon the company with no other possible alternatives. The first step the company took to ensure the economic feudalism of its workers was to indebt these workers to the company from the start. The workers were charged for all of their tools (picks, axes, head lamps, etc.) as well as any goods they might have needed for immediate survival (food, clothing) and long-term survival (shelter). This list of goods most likely carried exorbitant price tags, making it virtually impossible to ever 'own' any of the goods loaned from the company and therefore accumulate any type of capital. This indebtedness also maintained employment, despite hazardous conditions (collapsing mines, coal dust in one's lungs) that could lead to premature death. One could hardly "quit" from Stone Mountain Coal, for all the resources necessary for one's survival would be taken back, and all debts to the company would have to be repaid- an impossibility due to the extremely low wages paid. If one tried to run away then one would be considered a criminal and a warrant fo r one's arrest could be issued. Also the remoteness of the town made this an unlikely senario, where would one run to considering they had more than likely come by train? Lastly without the knowledge of how to survive by oneself in the woods one could not join the people who lived off the land in the woods.

Tuesday, September 17, 2019

Initial Public Offering (Ipo) Process

II. Initial Public Offering (IPO) process 1. Procedure The company which is going to issue shares to the publics holds an organizational meeting to reach an agreement in final decision of purpose, size of offering, number and type of shares authorized, also the agreements with company and principal shareholders. Generally, IPO involves one or more investment banks as â€Å"underwriters†. The role of underwriters is very important. They are intermediaries between an issuer of a security and the investing public. There are many forms of underwriting. However, in Vietnam, firm commitment contract and bought deal are popularly used. In these contracts, the underwriters guarantee for all the shares of the organization. The underwriters will buy all the number of shares or the remaining shares after the issuing period. 2. Auction In order to do the auction, the firm must determine the value of new securities, which is based on performance and potentiality assessment from sponsoring organizations, audit firms and consulting organizations to give the most suitable initial price. There are many methods to determine the initial price such as asset accumulation, market value†¦ however DCF( discounted cash flow) and P/E (price earning) are usually used in Vietnam. Both two methods have advantages and disadvantages, so the issuers usually take the average result of two methods to get the highest benefit. After defining the stock price, the company publicizes business’s operation information before the auction session at least 20 days. Investors’ voting by person attendance forms can be received directly by the firm (if the auction held at the enterprise) or intermediary financial institutions (in case of auction in intermediary financial institutions) or the Securities Trading Center / municipal securities transactions and specified agents, voting by mail conforms the auction organizer regulations. The third step is carrying out the auction and determining the results. The organization proceeds auction bills and enter these information into auction software. Then the purchase price is determined basing on the highest to lowest price until reaching the number of shares offered for sale. The number of shares investors can buy in case of equal rate but remaining fewer shares than required is calculated as the following formula: The number of shares nvestors can buy = remaining shares * (number of shares each investor subscribed/ total number of shares registered) After that, reports need to be prepared and send to related parties. The last action is announcing and charging share price. Lastly, the remained shares from the auction are sold to the investors with the agreement of price no less than average auction price (if remained shares are less than 30% of total shares offered) or o be auctioned he second time with a condition that the starting price is not less than the lowest a uction price (if remained shares are more than 30% of total shares offered).

Monday, September 16, 2019

Education Between Indigenous and Non- Indigenous Australians. Essay

Discuss if and how the area of education can contribute to achieve relationships between Indigenous and non- Indigenous Australians. Education is among the most important factors in achieving relationships between Indigenous and non-Indigenous Australians. Through the incorporation of Indigenous Education in all schools, Australian children will have every opportunity to learn and understand Aboriginal issues and history, which will help eliminate naive and stereotypical perceptions of Aboriginal Australians in the future. For relationships between Indigenous and non-Indigenous Australians to become a true reality a quality Aboriginal Education curriculum must be developed within Australian schools through the National Curriculum that is to be implemented in 2012. Such a curriculum must promote reconciliation, which would mean giving all students the opportunity to develope and sustain relationships between Indigenous and non Australians on a mutual and respectful basis (Reconciliation Australia, 2005-2011). Through quality education, relationships can one day be achieved, with both Indigenous and non-Indigenous Australians working together cooperatively, to bridge the social and financial gaps that exist between the two. Education is paramount to this and will help to serve the best interest for all Australians. To be successful in building relationships, it is important for all to gain knowledge and understanding of the history of Indigenous Australians and their culture. Racism and misrepresentations are often bred by ignorance, yet with the right education, such attitudes can indeed be altered. For a quality curriculum to be successfully delivered in Australian schools, tertiary institutions must continue to focus on the education of future teachers in the field of Aboriginal Education. Mick Dodson stated that: ‘If like me, you believe education is the principle pathway to reconciliation, you need to act on that belief’ (Dodson, Reconciliation Australia, 2005-2011), meaning that education is the most important means of achieving relationships amongst Indigenous and non-Indigenous Australians. Therefore, it is crucial to include Aboriginal Education in all Australian schools, as it is such a significant part of Australia’s history as well as its present (Hunter & Schwab, Practical reconciliation and recent trends in Indigenous education, 2004). Many non-Indigenous people’s perceptions of Indigenous Australians are somewhat negative due to the fact that they have never truly been educated about Aboriginal history, issues and affairs. Such attitudes, which are generally bred from ignorance rather than experience, are able to be changed through education. If all children are educated about Aboriginal history and culture, they will grow up with positive perceptions of Indigenous Australians that they will be able to pass on to future generations. However, for relationships to become a reality there needs to be some substantial evidence of agreement in the area of education between Indigenous and non Indigenous Australians (Hunter & Schwab, 2004). This can be achieved through the National Curriculum, which is to be implemented throughout Australian schools in 2012, where Aboriginal perspectives will hopefully make up a significant part. The Australian Curriculum and Assessment Reporting Authority has acknowledged the importance of relationships and is currently writing Indigenous perspectives into the national curriculum ‘to make sure that all Australians have the chance to learn about, understand and respect the history and culture of Aboriginal people and Torres Strait Islanders’ (Greenfield & Harrison, Relationship To Place). It is of critical importance that Indigenous Australians continue to be involved in the development of an Aboriginal Education curriculum. Since 1982, Indigenous Australians have been active in the development of the NSW Department of Education Aboriginal Education Policy. The rationale for creating this policy was originally for people to recognise the significance in including Aboriginal Education into the school curriculum (Reconciliation, 2006). The policy was created in the hope that Indigenous Australians could share accurate knowledge and understandings with non-Indigenous Australians about their culture and history in contrast to the largely ignorant misunderstandings that have long been perceived (Reconciliation, 2006). Another important goal of the policy was to eliminate stereotypical assumptions, which often resulted in racist attitudes and behaviour by those who have not been properly educated or do not have a sound understanding of Aboriginal culture. Similar to the NSW Aboriginal Education Policy is The Melbourne Declaration on Educational Goals for Young Australians, which stresses the importance for every Australian student to ‘appreciate and recognize the significance of Indigenous cultures and enhance the knowledge, skills and understanding to contribute to, and gain from, relationships between Indigenous and non-Indigenous Australians’ (Greenfield & Harrison, Relationship To Place). Through persistence, continued development and the implementation into all Australian schools, a uniform Aboriginal Education curriculum that is developed with the assistance of Indigenous Australians can only work to assist in the achievement of relationships in this country. Those that already exist, such as the NSW Aboriginal Education Policy and the Melbourne Declaration on Educational Goals for Young Australians, can be used as a foundation for the further development of a successful, Australia-wide Aboriginal Education curriculum. In order for education to aid the process of relationships in Australia, a quality Aboriginal Education curriculum must be mandatory in all Australian schools. Such a curriculum would therefore need to be widely understood and embraced by both current and future educators. In order for this to become a reality, teacher training courses must enable all educators to understand that Australia has a significant Aboriginal history and Aboriginal view points on social, cultural and historical matters (Reconciliation, 2006). To be successful in achieving relationships between Indigenous and non-Indigenous Australians, it is important when teaching Indigenous studies to be able to understand and acknowledge reconciliation as a step into political restoration (Reconciliation, 2006). Delivering all Australian students an Aboriginal Education curriculum that incorporates this is an important way to gain a common understanding between Indigenous and non Indigenous people. A way to help achieve relationships is to include accurate and core information into Indigenous studies subjects, for student teachers involved in education courses (Reconciliation, 2006). A curriculum that incorporates these things would play a significant part in eliminating negative perceptions through properly educating non-Indigenous Australians about Indigenous Australians, their history and their current social and cultural view points. Through further educating our educators in Aboriginal history, culture and affairs, the message of reconciliation has the opportunity to become more widespread. Therefore, there is a need for educators to teach Aboriginal Education, including at a tertiary level because in the past, Australian schools and institutions have largely ignored Aboriginal studies (Teaching the Teachers Aboriginal Studies, 2005, p. 14). Over many years there have been government reports given to Australian teacher education institutions to include compulsory Indigenous Studies courses for teachers to assist in the cause for reconciliation between Indigenous and non-Indigenous people and to concentrate on Aboriginal educational disadvantage (Craven, 1998, Is the Dawn breaking?). Indigenous studies are vitally important for pre-service teachers to be taught, and learn how to teach, in order for this country to one day achieve reconciliation (Reconciliation, 2006). It has only been recently that changes in Australian teacher education institutions have provided student teachers with the opportunity to carry out Indigenous studies during their education courses (Teaching the Teachers Aboriginal Studies, 2005, p. 15). Within the 36 Australian tertiary institutions, there are 54 teacher education programs. It has been estimated that 48 percent of these include mandatory units of Indigenous studies. This is a massive increase considering that in 1992, there was no more than one university in Australia that made the topic of Indigenous studies mandatory for pre service teachers (Craven, 1998). However, this figure needs to be 100 percent in order for all future educators to suitably pass on their knowledge of Indigenous culture and history to their future students and do their part to promote reconciliation. In order to achieve relationships between Indigenous and non-Indigenous Australians, education must be a major focus. The delivery of a quality Aboriginal Education curriculum that has been developed with significant input from Indigenous Australians would provide Australian students with the opportunity to gain a true understanding of Aboriginal history and culture. This would aid the process of reconciliation substantially, as it would help to eliminate some of the preconceived misconceptions that some non-Indigenous Australians have towards Indigenous people and their culture. A quality curriculum for all Australian students would leave little room for ignorance and false judgements, as it would be providing them with truthful, accurate information, which would lay the foundation for reconciliation. Through educating our youth, relationships have a strong chance of becoming a reality because knowledge can be passed on through future generations. It is of great importance that both current and future educators become more and more exposed to teaching Aboriginal Education if relationships are to become a reality in Australia. References Author unknown, (2005-2011), Reconciliation Australia: Resources, http://www.reconciliation. org. au/home/resources, Viewed on 17/10/11 Mooney, J & Craven, R. G, (2006), Reconciliation: Why we need to teach Teacher’s to teach Aboriginal Studies to all Australian students, University of Western Sydney, , Viewed on 17/10/11 Craven, R. G, (2002),Is the Dawn Breaking? The First Empirical Investigations of the Impact of Mandatory Aboriginal Studies Teacher Education Courses on Teachers’ Self-concepts and Other Desirable Outcomes, University of Western Sydney, , Viewed on 17/10/2011 Dodson, M, (2005-2011), Reconciliation Australia: Mick Dodson speaks at the National Press Club, < http://www.reconciliation. org. au/home/latest/mick-dodson-speaks-at-the-national-press-club > Viewed on 19/10/11 Greenfield, M & Harrison, N, (date unknown), Relationship to place: Positioning aboriginal knowledge and perspectives in classroom pedagogies , Viewed on 18/10/11 Hunter, B. H. & Schwab, R. G. (2004), Practical reconciliation and recent trends in Indigenous education, The Australian National University , Viewed on 19/10/11 Author unknown, (2005), Teaching the Teachers Aboriginal Studies: Impact on Teaching, Australian Department of Education, Science and Training , p. 14 and 15, Viewed on 18/10/2011.

Sunday, September 15, 2019

Current Trend to Teaching Nutrition in Elementary School Essay

Elementary schools have interesting aspects of putting across nutrition information to students through various methods. For instance, game theory is used to substitute healthier food for unhealthy foods currently consumed in various places including public places. Game theory in nutrition involves changing ones brain which eventually affects the body. This system entails mastering the guidelines of competitive practices mostly in purchasing, preparing or consuming good foods for our bodies. Game theory is used to motivate groups of people on their approaches to eating habits. In this theory, food is used to enable learners make decisions. It also examines the learners’ trust with regard to the fact that the body is molded depending on what one was fed on during his/her childhood and that the body is designed to fight diseases in times of infection. When using game theory, the teacher gives learners different examples of commonly used foods like the use of extra virgin oil by an individual or chicken fat for baking. In this example, the teacher is able to identify the individual who is at risk of developing diabetes (Brenowitz & Tuttle, 2003). In elementary schools, teachers identify the most important nutrition topics and the materials required to teach nutrition. For instance, healthy food choices and food guide pyramid are important topics that ought to be taught in elementary schools. Teachers have got the ability to change dietary behaviors of students. Middle schools use the team nutrition curriculum â€Å"yourself† which has details on food groups, required servings, following USDA food guide pyramid and weight guidelines. It also has guidelines and activities that are employed while choosing snacks (Gutek & Gerald, 1986). Elementary school teachers reward their students for good and presentable behavior. The teachers use food method and non food method to reward them. With food method the teacher chooses the students with good eating habits while with non food method those students with good interactive behavior are rewarded. As a result, most students will try as much as they can, so that they can improve and learn good nutritional habits. References Brenowitz, N. , & Tuttle, C. R. (2003). Development and testing of a nutrition-teaching selfefficacy scale for elementary school teachers. Journal of Nutrition Education and Behavior, 35, 308-311. Gutek, B. & Gerald, L. (1986). Education in the United States: An Historical Perspective. New Jersey: Prentice-Hall.

Saturday, September 14, 2019

Ujian Matematik Tambahan

Sekolah Menengah Sains Muzaffar Syah Melaka 75450 Air Keroh Melaka Ujian 2 2007 Additional Mathematics Form 4 Time : 75 Minuets INFORMATION FOR CANDIDATES 1 This question booklet consists of three parts, Section A and Section B. and Section C Answer All Question in Section A and B and two Question of section C 2 Give only one answer/ solution to each question. 3 Show your working . It may help you to get marks. 4 The figures/diagrams given in a problem in this question booklet would provide useful information to solve the problem. However, it might not be drawn to scale. 5 Write the answer in the answer sheets provided. All solution methods must be clearly shown. You may loose marks if important working steps are not properly shown. 7 The marks for each question or part-question are shown in brackets. 8 You may use a non- programmable scientific calculator. The following formulae may be helpful in answering the questions. The symbols given are the ones commonly used . 1 x = ?x N 6 Ar c length, s = r ? 7. Area of sector , A= 1 2 r ? 2 2 x = ? = ? fx ? f ? (x ? x ) N 2 8. = y=uv, 3 ?x N 2 dy dv du =u +v dx dx dx ?x 2 9 2 4 ?= ? f ( x ? x) ? f = ? fx ? f 2 ?x 2 du dv v ? u u y = , dx = dx 2 dx , v dy v dy dy du = ? dx du dx 10 5 ?1 ? ?2N? F? M = L+? C ? fm ? ? ? ? ? Section A 1 Answer all questions The mean of x+ 3, 2x – 5, x + 7, x and 3x + 7, is 12 . Find (a) the value of x (b) median [ 4 marks ] Answer : (a) †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ (b) †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 2. A set of examination marks a1 , a2, a 3, a 4, a5, a6, has a mean of 5 and standard deviation of 1. 5 Find (i) the sum of the marks, ? a , (ii) the sum of the squares of the marks, ?a 2 [ 3 marks ] Answer †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3. The mean of a set of four positive integers is 6. When a number y is taken out from the set, the mean becomes 5. Find the value of y. [ 3 marks ] Answe r †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 4. The mean of the set of numbers 2. 5, 3. 6, 4. 3, 5. 8, x is 4. . Find the standard deviation of the set of data. Give your answer correct to three decimal places [3 marks] Answer†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. ________________________________________________________________________ 5 Marks Number of student 1 -20 2 21 – 40 1 41- 60 5 61 – 80 14 81 – 100 8 Table above shows the marks obtained by a group of students I a monthly test. Find the standard deviation of the marks. Give your answer correct to two decimal places. [ 4 marks ] Answer :†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ __________________________________________________________________________ _ 6 (a) Convert 231 o 11 ‘ to radian (b) Convert 1. 455 to degree and minutes [ 2 marks ]Answer †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 7 Diagram 1 shows a sector AOB with centre O . A 5c m O 0. 5 rad 5c m B DIAGRAM 1 Find the area of the shaded segment [ 4 marks] Answer :†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 8 r A O 63 o B Diagram 2 shows a circle with centre O. Given that the length of the major arc AB is 62. 21 cm, find the length of the radius, r , in cm. [3 marks ] DIAGRAM 2 Answer :†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 9 Diagram 3 shows two arcs, AD and BC, for two circle with centre O and radius OA and OB respectively. 12 cm ? 10 cm 10 cm DIAGRAM 3 Given that the length of arc BC is 12 cm , OD is 10 cm and OD : DC = 5 : 2 Find , a) ? , in radian b) the are of the shaded region ABCD. 4 marks] Answer †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ __________________________________________________________________________ _ Section B Answer two question only [ 20 marks ] 1 Table 1 shows the marks of 80 students in an examination. Marks No of Students 50 – 59 8 60 – 69 25 TABLE 1 (a) Calculate the mean marks of the student. [ 3 marks ] 70 – 79 22 80 – 89 18 90 – 99 7 (b) Draw a histogram and estimate its mode [ 4 marks ] (c) Without drawing an ogive, calculate the median marks of the students [ 3 marks ] 2 Diagram 4 shows sector AOB and sector OED with centre O and E respectively . OCE is a right angle triangle. A cm C BO D ? RAJAH 6 E Given that ? AOB is 500 , OA = 10 cm , OE = 8 cm and OB : BC = 2 : 1. Calculate (a) (b) (c) ? and radian, [2 marks] perimeter of the shaded region in cm, [4 marks] area of the shaded region in cm2. [4 marks] 3 a) Find the value of 4 3 i) limit x ? 3x + 2 x x>4 x 2 ? 64 ii) limit n >8 x ? 8 [3 marks] b) Find dy of y = 3Ãâ€"2 by using first principle dx [2 marks] c) Differentiate the following with respect to x 1 i) y = x + ? 5 ii) y = 2Ãâ€"3 ( 3x -5)4 x 128 d) Given that f(x) = 2x – 3 find f ? (2 ) x [ 3 marks ] [ 2 marks ] END OF QUESTION PAPER Prepared By †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Pn Saripah Ahmad Approved by,

Friday, September 13, 2019

Personal statement Essay Example | Topics and Well Written Essays - 750 words

Personal statement - Essay Example I feel as though I have always learned lots in school, but never had the grades to reflect my efforts. I also tend to keep to myself when it comes to studying, so I thought studying with others might help me improve my grades. Finally, in high school, I learned that my time management skills were not very good. This often caused stress that I didn’t need to experience. As I look back on these goals, I feel really great because I have accomplished all three. If all goes well, I will have a 3.0 GPA. It may actually be higher if I do well in my most difficult class. I met some great friends on the first week of school and we formed a study group that meets each week. I have never studied with other people and found this to be a great way to learn and to meet people. I hope that next semester will find many of us taking the same classes so we can study together again. I can say that I met my third goal because I did not freak out a single time this semester as a result of forgetti ng or putting off a project, paper or test. I did feel a lot of stress about my grades, but that was simply because I wanted to meet my goal of earning a 3.0 GPA. I would call it normal stress, as opposed to stress caused by wasting my time or procrastinating. Time Management and Study Skills are the topics that meant the most to me this first semester at ASU. I knew that this was a weakness of mine coming into college. My first reaction to the topic when it was introduced in class was something like, â€Å"Oh, yea, this is what I need.† I think that the skills we talked about in class were helpful, but more than anything else, I think I am maturing and realizing that reaching goals is directly connected to decisions I make about work and study habits. I know that for the first time in my life, I actually wrote down assignments in a planner and scheduled set study times. Establishing a study group was a big part of this success, but I actually went to the library on several o ccasions by myself to study for tests. This was not a typical behavior for me in the past. Managing my time this first semester made me feel in control. I was able to think about studying because I blocked time out for studying and stuck to my schedule. Sticking to a study schedule was difficult, but I was able to do it. If I had to point to any one thing that helped me this first semester, it would be scheduling time for studying. My first semester was great. I feel as though I have been successful in many ways. The single most enjoyable thing about this semester was my study group. Having fun people from my classes to meet with made me want to engage in studying more often. I never have experienced this before and I think that it is great. One concern that I have is that I will not be able to meet with the same people next semester. I guess I just need to trust that I’ll just meet more interesting, fun people. One of my biggest challenges this semester was meeting up with b eople that knew me before I came to ASU. I was not the best student and did not always have the healthiest lifestyle. These people were not supportive of my educational goals. All they wanted me to do was to hang out. It was difficult for me to tell these people that I just didn’t want to be that person anymore. It was hard to say to old friends that I had changed and I was moving in a new direction. What gave me the strength to do this was the new friends I met during this first semester. I am excited for the next semester and all of the

Thursday, September 12, 2019

Organizational Behaviour Essay Example | Topics and Well Written Essays - 2000 words

Organizational Behaviour - Essay Example The organisational structure has an essential impact on the organisational behaviour due to its contribution in the view of the members of the organisation (Kumar and Mittal 5). The organisational structure is defined by the ‘system of task, reporting, and authority relationships within the organisation’ with the purpose of coordinating the operations and process based on the mission, vision and goals (Griffin and Moorhead 407). Within these stages and steps, the organisational behaviours of the employee and the leaders play an essential and crucial role. The main purpose of the establishment of organisational structure is to be able to have an efficient, methodical and orderly accomplishment of goals to be able to achieve end results e.g. production of goods or provision of services. There are different factors included in the structure of the organization such as the type of leadership, the division of labour and the coordination of the different actions and processes undertaken within the system. One example that can be viewed is the production of computers in the Dell Company. Without the proper organisational structure, either the production of computers will be a failure or the thousands of employees will build their own computers and sell them. In such a scenario, the cost efficiency would never be achieved due to high labour and production costs (Griffin and Moorhead 407). Basically, a structured organisation enables efficient work that can ensure achievement of goals. Upon the determination of the determination of the meaning of organisational structure, the next step is the determination of the implications related to these challenges. In the case of the organisational structure, there are different issues that can affect the company specifically on the basis of organisational behaviour. In the contemporary era, one of the issues being faced by organisations is the international competitiveness on the basis of globalisation. This is a cha llenge specifically for the highly complex global organisations. This entails a very specific protocol and rules on the division of labour of the members of the organisation as well as the coordination of every unit especially since the operating units can be separated by territorial, cultural and social boundaries. Examples of such organisations are the Philips of Netherlands and the General Motors. These companies originated from different countries but due to transnational organisational structure, they cater to nations around the world (Daft 237). In these types of organizations, the organisational behaviour is important in every aspect of the operation. In the different units located in other countries, a common method used is the adaptation to the local cultures to be able to successful accomplishment of goals. Intrinsic organisational behaviour is comparatively more basic, such as dedication to the mission, vision and goals, and cooperation to other members of the organisatio n. Organisational Culture Organisational culture can be defined as the core values of as organisation and the collective view, perspective and course of action of the whole organization. It is also the manner and quality by which the members of the organisation work. Thus, organisational culture is directly related organisational behaviour since the individual attitude and behaviour of a worker is influenced by the prevailing culture within the organisation

Wednesday, September 11, 2019

F.A.T City (Movie review) Movie Review Example | Topics and Well Written Essays - 500 words

F.A.T City ( ) - Movie Review Example Third, lack of positive reinforcement for good performance and ridicule and harassment for bad performance harm the childs motivation and self-esteem. Fourth, children with learning disabilities are not merely â€Å"unmotivated,† as the common notion goes. Lavoie presents some adaptations and accommodations possible for a better classroom experience. First, students with learning disabilities can be given special queue to give them time to be ready to answer the teachers questions. This ensures that no additional anxiety is present every time they attend classroom lectures. Second, the teacher can ask for several answers to a specific question that will allow an exceptional learner to come up with a few answers themselves at the same time the rest of the regular learners come up with a complete list of answers. Third, ridicule should be avoided at all times. This ensures that children with learning disabilities do not feel less confident in attempting to answer questions since there is no risk of receiving negative remarks. support that is largely dependent on their needs and capabilities. For example, based on a first-hand observation, if a gifted child and a learning disabled child are in the same classroom, providing both children with the same information and support while expecting them to act according to the general standards applied to regular learners is not fair. Upon deeper reflection, one would see that regular learners had no problems adapting to the expectations. The gifted child found the task too easy, yet got bored with it. Unfortunately, the learning disabled child had a hard time keeping up with the rest of the class. To top it off, the regular students got no positive remarks, while the gifted child got praises. Unfortunately again for the learning disabled child, the teacher made a slightly negative comment for the lack of good performance. This could easily become a repeated pattern that would

Tuesday, September 10, 2019

Memory Research Paper Example | Topics and Well Written Essays - 500 words

Memory - Research Paper Example The explicit format of memory is more accessible because conscious and unconscious working of our mind is strongly co-related with our experience of the object reality where some sort of learning is involved. Our conscious mind understands and interprets the sensations according to the partial or total recall of the events. It is a fact that the mind is capable of retrieving images from recess even if no conscious effort was made to commit them to memory. Hence, it can be safely stated that even during the process of intentional recall of an image in some specific format, the mind can generate and explore various other properties of the same image. This type of memory is highly interactive and promotes long term learning. Whenever I go to the school playground, I am always reminded of football match which my team had won with a bang. This is a long term memory that is intrinsically linked with the physical competencies of the persons and is also called muscle memory. Procedural memory is associated with some definite voluntary or involuntary actions in some predefined format. In other words, with or without conscious effort, our memories are linked with some definite actions that are designed to rearrange the physical aspects of our surrounding through the movements of our body parts which is caused by the directives of the mind. Driving a bicycle or a car is a life long ability and one is able to retrieve its usage even after long time. This type of memory retains the procedures of various activities and therefore, it becomes easier for persons to do more than one work simultaneously. Students riding cycles are also able to converse freely because the memory has adjusted or defined its pathways to suit the physical activities. Emotions significantly impact memory and therefore, this type of memory takes precedence

Monday, September 9, 2019

Review a concert about jazz performance Essay Example | Topics and Well Written Essays - 1000 words

Review a concert about jazz performance - Essay Example Interestingly, even though most true jazz musicians seek to distance themselves from the understanding the jazz is ultimately a form of dance music, society’s perception of jazz continues to be concentric upon the belief that jazz is ultimately an early form of modern dance music. Some various jazz songs could be said to incorporate this element where the musicians thought it would be healthier to do something different instead of the ordinary music production. Likewise, for purposes of this performance review, the author will focus upon the following pieces and analyze how they were played and how this author reacted to the music: Andy Page’s â€Å"Up-End Adam† and â€Å"Jazzin’ in Jazz Town†, Brian Heater’s â€Å"Imagination†, and Mitch Rivet’s â€Å"Dancing with Pinkie†. The first two pieces to be discussed, those composed by Andy Page was magnificent in that the audience instantly engaged with the content. The trumpet was the lead instrument in this performance, which appeared to guide the artists. It carried the melody of every tune. This was an interesting dynamic to note due to the fact that regardless of the musical genre that one seeks to discuss, ultimately a single instrument or a group of instruments will seek to differentiate themselves from the others as a means of providing a firm and solid lead. Oftentimes within classical music this is realized within the lead violin or other instrument. Similarly, within rock ‘n roll this is oftentimes realized with regards to the lead guitar. Invariably, jazz exhibits the same constraints and allows different instruments to perform the lead even within the same song; thereby helping to set jazz apart from the other forms of music that a previously been listed by way of the fact that it is able to integrate and incorporate a number of instruments within any given piece that all can serve as the lead instrument. The second song, also of Andy P age was not about the sharp nines, flat fives, substitutes’ chord or metric subdivisions. The feeling, message and honesty the artists gave the crowd was just phenomenal. What gave the performance an intellectual aspect was the emotional ends. A person could feel connected to the artist and his message. The mental aspect of the song was that, in the middle, it gave someone a funky feeling through the solos, which included drums beats, as well as the saxophones, being played unaccompanied. It was within this very performance that the impacts of jazz upon modern music could be seen. Although the saxophone is not necessarily seen as a contemporary instrument within popular music, the means by which the saxophone solo was utilized to invoke strong melodic realizations and a differentiation from the remainder of the piece was munch it can to the way that modern singers perform a capello segments within their own songs. Though jazz oftentimes incorporates a vocalist, the utilizatio n of the saxophone is almost indistinguishable from the way that a vocalist might operate within a jazz band. The trumpet, in this performance, was the loudest, cutting instrument, above all others. The instruments guided other soloists in carrying out their performances. It was like the "alpha" instrument. The fourth piece which will herein be discussed is that of Brian Heater’