Wednesday, October 30, 2019

Document Imaging Research Paper Example | Topics and Well Written Essays - 1750 words

Document Imaging - Research Paper Example With the advancement in science and technology, document imaging concept has become one of the most effective and essential concept, which has helped business organizations as an official communication intermediary in modern civilization. The concept of document imaging has been introduced in the business in order to minimize the physical effort of human. It has been observed that the traditional methods of storing paper and records required a higher rate of effort to manage the entire document imaging process. Moreover, it has been observed that more difficulties arise during the distributing and finding process. It can be further asserted that with the growing number of files, the difficulties in managing them also increased accompanied with significant time and effort consumption. The actual purpose of developing this document image process is to perform business operations quickly and efficiently. Similarly the imaging document concepts also help to analysis and compare several d ata, information and messages at a time. According to the observation, it has been identified that document imaging transforms paper documents into electronic images format, which has helped individuals and business organizations to perform their business task easily and efficiently. The document imaging process can take many forms such as document scanner, multifunction peripheral (MFP), fax machine and other scanning device among others (Hewahi et al, n.d.). It has observed that during the early 21th century the concept of document imaging has been used by modern civilization in order to collect, capture, and store information, images and characters for business or individual operational purpose. During the early historic period it has been observed, that human used to architect historical matters in a hand scripted documents for their memoirs such as declaration of independence, the constitution and Bill of right among others. Thus, it can be apparently

Monday, October 28, 2019

The Senate of the United States Essay Example for Free

The Senate of the United States Essay The national government of the United States of America is divided into three branches: the executive, legislative and judiciary.   The legislative branch is further divided into two, the House of Representatives and the Senate.   Indeed, the Senate is a law-making body, but what is its role and function in the political system of the United States?   How did it come into existence?   This research paper aims to discuss the history of the United States Senate, as well as its role and function in the United States political system.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The history of the United States Senate began on July 16, 1787 (â€Å"Senate Created†).   During this date, those who wrote the U.S. Constitution, also known as Framers, decided upon what is called the â€Å"Great Compromise,† which is also called as the â€Å"Connecticut Compromise† (â€Å"Senate Created†; â€Å"The Senate†).   This compromise was responsible for the creation of a bilateral legislature; the Senate would equally represent all the states, and the House of Representatives would do the same, only â€Å"in proportion to their respective populations† (â€Å"Chronology†; â€Å"Senate Created†).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The Constitution Framers established the Senate to protect the rights of every state as well as the voice of the minority in a federal government (â€Å"Senate†).   In creating the Senate, the councils of colonial governors and the state senates that were derived from them were used as a pattern.   According to James Madison, the Senate had two roles (â€Å"Senate†).   The first one is â€Å"to protect the people against their rulers†; the second is â€Å"to protect the people against the transient impressions into which they themselves might be led† (qtd. in â€Å"Senate†).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Before the compromise was made, the state delegates insisted that state representation must be consistent with the state size (â€Å"The Senate†).   This means that it is the population of the state that would dictate how many senators would represent them.   This would result in the Senate having the upper hand in the legislative branch due to their number.   After the Compromise was made, the Senate and the House were given equal allotment of power (â€Å"The Senate†).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The equal allotment of power between Senate and the House was made for purposes of balance among the small and big states during the Constitutional Convention (â€Å"Senate†).   To secure the jurisdiction of the particular states, the Framers determined that the â€Å"state legislatures would elect senators† (â€Å"Senate†).   Consequently, the Framers gave these senators a term that lasts for six years, as opposed to House members term of only 2 years.   Madison explained that there is stability in a longer term. He reasoned that there are more House members than senators in the legislative branch; it is only through the giving of longer terms for senators that would prevent the legislative branch from being â€Å"overwhelmed† (â€Å"Senate†).   However, some people expressed concern over the possibility of aristocracy that comes with a longer term; as a result, it was established that the terms of the senators would â€Å"expire every two years† (â€Å"Senate†).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The Constitutional Convention also determined the number of senators per state (â€Å"The Senate†).   One senator did not seem a reasonable option.   This is because during the senators sickness or absence, no one would substitute for him and his state would have no representative at that time.   The next problem was adding too many people in the Senate.   If there are more senators, the Senate would be bigger and hold more influence than the members of the House. If the quantity of senators continues to increase, the quality of the Senate would decrease.   This is because an overcrowded Senate would not fulfill its role and function well.   In the end, the delegates had to decide between having two or three senators.   In the end, it was decided that every state would have two senators, as indicated in the Constitution.   On September 17, 1787, out of the 55 delegates of the Constitutional Convention, only 39 wrote their signatures in the Constitution (â€Å"The Senate†).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   On September 30, 1788, the first senators of the United States were elected (â€Å"Senate Created†).   They were Pennsylvania Senators Robert Morris and William Maclay.   The victory of Maclay was relevant; this is because he was the only one who maintained a diary of the sessions at the Senate at a time when they occurred â€Å"behind closed doors† (â€Å"Senate Created†).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In 1789, March 4th marked the first assembly of the Senate at chamber in the second storey of Federal Hall in New York (â€Å"Chronology†; â€Å"Senate†).   That same year, on April 6th, the Senate accomplished its first quorum, with twelve members present (â€Å"Chronology†; â€Å"Senate†).   With New Hampshire Senator John Langdon as â€Å"president pro tempore,† the first task of the Senate was to convene with the members of the House to tabulate the ballots of the recent elections, in which George Washington emerged victorious in the presidential race (â€Å"Senate Created†). It was also the day when the senators elected â€Å"a doorkeeper, secretary, and chaplain† (â€Å"Chronology†).   Vice President John Adams took oath on April 21st; President Washington did the same on the 30th (â€Å"Senate†).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   On December 6, 1790, the U.S. Congress started to take residence in Philadelphia; they would stay in this address for a decade (â€Å"Chronology†).   On November 17, 1800, the Senate moved to the north wing of the Capitol in Washington, D.C., despite the fact that it was not yet finished.   Four days after, the Senate had â€Å"its first quorum in the new national capital† (â€Å"Chronology†). In the beginning of the Constitutional Convention, the Framers initially wanted to assign the authority of creating treaties and appointing judges in federal courts and ambassadors (â€Å"Senate†).   In the end, however, it was decided that these tasks were to be shared by both the Senate and the president.   The president is responsible for making the nomination, while it is the senators’ job to either agree or disagree. The Senate became responsible for giving consent on nominations and treaties given by the president (â€Å"Senate†). On June 24, 1795, the Senate exercised its power by approving Jay’s Treaty (â€Å"Chronology†).   On December 15th that same year, they also exercised authority over the federal courts as they rejected the nomination of John Rutledge for the Supreme Court (â€Å"Chronology†). December 1795 marked the end of the long tradition of having legislative sessions in private (â€Å"Chronology†).   On January 5, 1802, stenographers and note takers were granted permission by the Senate to enter the chamber floor (â€Å"Chronology†). There had been many changes that occurred in the U.S. Senate.   To begin with, the number of senators had significantly increased through the centuries (â€Å"Senate†).   In addition, the Senate now has committees, something that was not included by the Framers during the creation of the Senate.   Initially, the committees were temporary and were created for legislation.   At present, the committees have been made permanent.   The 1920s ushered in an era when the Senate committees have assumed a more substantial role, this time in the field of investigation.   The committees held investigations which dealt with issues in government, such the leasing of oil in the1920s, the Vietnam War in the 1960s and the Watergate Scandal of the 1970s (â€Å"Senate†). The United States Senate was initially created for state representation. The role of the Senate was preserve states’ rights and opinion, to equally distribute power in both federal and state governments.   Through time, it has become more relevant.   From approving nominations and treaties to taking part in crucial investigations, the Senate has assumed a bigger role in U.S. government.   In the end, it is the U.S. Senate that provides balance in the U.S. political system. Works Cited Baker, Richard. â€Å"Senate Created.† United States Senate. 15 April 2008 http://www.senate.gov/artandhistory/history/minute/Senate_Created.htm. Baker, Richard. â€Å"US History Companion: Senate.† Answers.com. 15 April 2008 http://www.answers.com/topic/united-states-senate. United States Senate. â€Å"Senate Chronology.† 15 April 2008 http://www.senate.gov/pagelayout/history/one_item_and_teasers/chronology.htm. United States Senate. â€Å"The Senate and the United States Constitution.† 15 April 2008 http://www.senate.gov/artandhistory/history/common/briefing/Constitution_Senate.htm.

Saturday, October 26, 2019

A Marxist Criticism on The Importance of Being Earnest :: essays research papers

A Marxist Criticism on "The Importance of Being Earnest"   Ã‚  Ã‚  Ã‚  Ã‚  "Excuse me Geoffrey, could you get me some more water. I'm terribly thirsty, and the weather out here isn't doing any good for my complexion." declares the man as he sighs in exhaustion.   Ã‚  Ã‚  Ã‚  Ã‚  "Right away sir, anything else?" proclaims the servant.   Ã‚  Ã‚  Ã‚  Ã‚  "No that will be all." says the man as he waves off the servant.   Ã‚  Ã‚  Ã‚  Ã‚  So is this the scene of yesteryear's society or one of today's, well in actuality it can be either. In today's world the rich still rely on butlers and maids. It seems to be a practice that will always exist in this world, but the question largely is not on their jobs, but if they are deemed of a different class, and sadly to say yes. In today's world it seems that class is still a huge part of the world order, and moreover it seems that there will always be the rich and poor, the owner and the worker. This is even demonstrated by the literature of our time and that of other era's, such as the play "The Importance of Being Earnest" by Oscar Wilde. In this play Wilde display's the class structure with a different and interesting twist. He makes a reflection on the society with his own sense of humor, but however it still leaves a very good opportunity to make a Marxist critique about the way the class structure influences the play. He leaves room for these critiques when he writes about the servants, the nobles, and the middle class. His view on society and class is very evident on the way the servants are portrayed.   Ã‚  Ã‚  Ã‚  Ã‚  "‘I don't know that I am much interested in your family life, Lane'"   Ã‚  Ã‚  Ã‚  Ã‚  "‘No sir; it's not a very interesting subject. I never think of it myself.'"   Ã‚  Ã‚  Ã‚  Ã‚  In this passage from the play it is very clear that Wilde likes to give his characters some life, but however it seemed that he was giving the servants a bit too much, but nevertheless it does establish very well the position of those servants. In the society Wilde is presenting it seems that the place of the servant was not only for manual labor, but also to provide conversation, and to compliment the employer's personalities. In the story the idea of class was demonstrated by the interaction between Lane and Algernon even though Lane was witty he did know his place as a servant and throughout the play the servants were an excellent reminder that class structure did exist. Wilde's idea of a witty servant has even spawned off into today's society with television sitcoms

Thursday, October 24, 2019

Use of Romanticism in Development of Characters in The Scarlet Letter E

Use of Romanticism in Development of Characters in The Scarlet Letter      Ã‚  Ã‚  Ã‚   In Hawthorne's revered novel The Scarlet Letter, the use of Romanticism plays an important role in the development of his characters. He effectively demonstrates individualism in Hester to further our understanding of the difficulties of living in the stern, joyless world of Puritan New England.   It is all gloom and doom.   If the sun ever shines, one could hardly notice.   The entire place seems to be shrouded in black.   The people of this society were stern, and repressed natural human impulses and emotions than any society before or since.   But for this reason specifically, emotions began bubbling and eventually boiled over, passions a novelist such as Hawthorne could seize at red heat and use for the basis of an effective novel. Hawthorne shows Hester's sheer determination to live in this society directly through her actions and relations to others, and indirectly through the presentation of herself and her child and through her internal emo tio nal struggle.      Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Hester's adultery creates a feeling of dismay and hostility within the people of Boston.   They are not only shocked that she has done such a thing, but also because she won't reveal the name of the father of the child.   Although the usual penalty for adultery is death, the Puritan magistrates have decided to be merciful to her declaring that Hester's punishment will be to stand for several hours on the scaffold, in full view of everyone.   In this "powerful but painful story," (Chorley 184)   Hester realizes her sin, and acknowledges that she must pay the price for her crimes.   She might, Hawthorne tells us, have left the narrow-minded colony to start life all over... ...liffs, NJ: Prentice-Hall, 1968. Gerber, John C. "Form and Content in The Scarlet Letter." The Scarlet Letter: An Authoritative Text, Backgrounds,and Sources Criticism. Eds. Sculley Bradley et al. New York: W. W. Norton, 1978. Hawthorne, Nathaniel. The Scarlet Letter. Ed. Brian Harding. Oxford: Oxford 1990. Loring, George B. "Hawthorne's Scarlet Letter" [1850]   The Scarlet Letter: Text,   Sources, Criticism. Kenneth S. Lynn. New York: Harcourt, Brace & World, Inc., 1961. Matthiessen, F. O. "Allegory and Symbolism." Twentieth Century Interpretations of The Scarlet Letter. Ed. John C. Gerber. Englewood Cliffs, NJ: Prentice-Hall, Inc., 1968. Waggoner, Hyatt Howe. "Three Orders: Natural, Moral, Symbolic." The Scarlet Letter: An Authoritative Text, Backgrounds, and Sources Criticism. Eds. Sculley Bradley et al. New York: W. W. Norton, 1978. Use of Romanticism in Development of Characters in The Scarlet Letter E Use of Romanticism in Development of Characters in The Scarlet Letter      Ã‚  Ã‚  Ã‚   In Hawthorne's revered novel The Scarlet Letter, the use of Romanticism plays an important role in the development of his characters. He effectively demonstrates individualism in Hester to further our understanding of the difficulties of living in the stern, joyless world of Puritan New England.   It is all gloom and doom.   If the sun ever shines, one could hardly notice.   The entire place seems to be shrouded in black.   The people of this society were stern, and repressed natural human impulses and emotions than any society before or since.   But for this reason specifically, emotions began bubbling and eventually boiled over, passions a novelist such as Hawthorne could seize at red heat and use for the basis of an effective novel. Hawthorne shows Hester's sheer determination to live in this society directly through her actions and relations to others, and indirectly through the presentation of herself and her child and through her internal emo tio nal struggle.      Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Hester's adultery creates a feeling of dismay and hostility within the people of Boston.   They are not only shocked that she has done such a thing, but also because she won't reveal the name of the father of the child.   Although the usual penalty for adultery is death, the Puritan magistrates have decided to be merciful to her declaring that Hester's punishment will be to stand for several hours on the scaffold, in full view of everyone.   In this "powerful but painful story," (Chorley 184)   Hester realizes her sin, and acknowledges that she must pay the price for her crimes.   She might, Hawthorne tells us, have left the narrow-minded colony to start life all over... ...liffs, NJ: Prentice-Hall, 1968. Gerber, John C. "Form and Content in The Scarlet Letter." The Scarlet Letter: An Authoritative Text, Backgrounds,and Sources Criticism. Eds. Sculley Bradley et al. New York: W. W. Norton, 1978. Hawthorne, Nathaniel. The Scarlet Letter. Ed. Brian Harding. Oxford: Oxford 1990. Loring, George B. "Hawthorne's Scarlet Letter" [1850]   The Scarlet Letter: Text,   Sources, Criticism. Kenneth S. Lynn. New York: Harcourt, Brace & World, Inc., 1961. Matthiessen, F. O. "Allegory and Symbolism." Twentieth Century Interpretations of The Scarlet Letter. Ed. John C. Gerber. Englewood Cliffs, NJ: Prentice-Hall, Inc., 1968. Waggoner, Hyatt Howe. "Three Orders: Natural, Moral, Symbolic." The Scarlet Letter: An Authoritative Text, Backgrounds, and Sources Criticism. Eds. Sculley Bradley et al. New York: W. W. Norton, 1978.

Wednesday, October 23, 2019

Organization Behavior Analysis Essay

Consequently, in the United States, organizational behavior and management researchers started studying the role that culture plays in the business community. The investigation led to some confusion. Some believed that the national culture of Japan was the driving force behind the competitive successes of businesses in that country. To others, however, it was the cultures of specific companies that created the advantage. My Company uses the Pluralism method. The first distinction to be made when studying culture is the level of analysis—a nation versus a specific company. An individual company constitutes the level of analysis. Therefore, organizational culture consists of a set of shared meanings and values held by a set of members in an organization that distinguish the organization from other organizations. An organization’s culture determines how it perceives and reacts to the larger environment (Becker, 1982; Schein, 1996). Culture determines the nature of an individual’s experience in an organization in both for-profit companies and nonprofit enterprises. Over time, employees find out how the company works, what is rewarded, and what is punished. Questions, answers, myths, stories, and jargon all become part of the organizational experience. When the person matches the organizational type, the fit produces the best chances for individual success. Company leaders enjoy distinct advantages when an organization exhibits a positive culture. Positive cultures are democratic and progressive. They nurture and value the contributions of members. Positive cultures tend to be more flexible and adaptable, making the organization better able to meet the challenges of a dynamic world (Benn, 2011). Organizational leaders have vested interests in trying to build positive cultures over time. Some studies suggest that culture can play a larger role in employee motivation than pay (Gifford, Zammuto, Goodman, & Hill, 2002). Organizational culture can help managers reach their goals while helping employees adapt to company life. The benefits of a positive culture include stability, employee self-management, and assistance in integrating new employees into the workplace. †¢Communicating with the IRS for a taxpayer regarding the taxpayer’s rights, privileges, or liabilities under laws and regulations administered by the IRS. †¢Representing a taxpayer at conferences, hearings, or meetings with the IRS. Preparing and filing documents, including tax returns, with the IRS for a taxpayer. †¢Providing a client with written advice which has a potential for tax avoidance or evasion. Furnishing information at the request of the IRS or appearing as a witness for the taxpayer is not practice before the IRS. Other individuals who may serve as representatives. Because of their special relationship with a taxpayer, the following individuals can represent the specified taxpayers before the IRS, provided they present satisfactory identification and, except in the case of an individual described in (1) below, proof of authority to represent the taxpayer. An individual. An individual can represent himself or herself before the IRS and does not have to file a written declaration of qualification and authority. 2. A family member. An individual can represent members of his or her immediate family. Immediate family includes a spouse, child, parent, brother, or sister of the individual. 3. An officer. A bona fide officer of a corporation (including a parent, subsidiary, or other affiliated corporation), association, or organized group can represent the corporation, association, or organized group. An officer of a governmental unit, agency, or authority, in the course of his or her official duties, can represent the organization before the IRS. 4. A partner. A general partner may represent the partnership before the IRS. 5. An employee. A regular full-time employee can represent his or her employer. An employer can be, but is not limited to, an individual, partnership, corporation (including a parent, subsidiary, or other affiliated corporation), association, trust, receivership, guardianship, estate, organized group, governmental unit, agency, or authority. . A fiduciary. A fiduciary (trustee, executor, personal representative, administrator, receiver, or guardian) stands in the position of a taxpayer and acts as the taxpayer, not as a representative. Submit a power of attorney when you want to authorize an individual to represent you before the IRS, whether or not the representative performs any of the other acts cited earlier under What Is a Power of Attorney. A power of attorney is most often required when you want to authorize another individual to perform at least one of the following acts on your behalf. . Represent you at a meeting with the IRS. 2. Prepare and file a written response to the IRS. Every day organizational operations involve processes and activities that are construed by many as â€Å"distasteful† or â€Å"unpleasant† parts of employment because they involve the use of authority, power, or politics. The word â€Å"politics† has a negative connotation for many people. Although they may try to avoid political situations, wishing them away is not possible. Furthermore, not every use of power has a negative intention or outcome. Managers can exert power to achieve legitimate organizational goals. The end result may be an increase or decrease in personal power, and the events may be construed as being â€Å"political† or simply as â€Å"doing his or her job. † I think that this brings out a positive outcome. The three types of authority are line authority, staff authority, and functional authority. Line authority is direct, formal authority, as indicated by the vertical lines of an organization chart. Staff authority consists of the right to advise, or give advice. Functional authority is the right to direct but not to discipline. It emerges when an individual has been assigned a leadership role on a task force, project team, or committee. The type of authority that Internal Revenue Service is mainly line authority. I think that this brings out a positive outcome. Employee responsibility, or accountability, is the obligation to carry out tasks as assigned by the supervisor. Each individual in a company is responsible to the manager at the next level up in the organization’s hierarchy. The concept of parity of authority and responsibility states that equal levels of authority and responsibility should exist in each position (Fayol, 1916). Anyone who has authority should be held accountable for how that authority is used. Anyone being held responsible should have sufficient authority to get the job done. This is done in a positive manner. It gets the job done. If a manager motivates the unit, it brings out a positive outcome. A pleasant and positive job context contributes to individual and company success by enabling employees to do their best work. Through processes such as mentoring and rewarding, which help to build self-efficacy and self-esteem in individual workers, motivated behaviors can be increased. A company with an unpleasant physical environment, poor reward system, unqualified or inept supervisors, or counterproductive cultural norms limits motivated behaviors (Kamdar & Van Dyne, 2007). Emotional Intelligence explains why, despite equal intellectual capacity, training, or experience, some people excel while others of the same caliber lag behind. Certain competencies are found repeatedly in high performers at all levels, from customer service representatives to CEOs. As trainers we must find ways to build these talents labeled EQ (emotional intelligence quotients). Research has shown that emotional intelligence, which encompasses self confidence, can be developed through things like awareness, training, coaching, and practice. That is why a growing number of organizations in the US and around the world is investing in providing their managers with training in emotional intelligence. The conclusion then is that if you are looking to build your self confidence as an important step toward achieving your dreams in life, you should consider taking some training or coaching that helps you develop your emotional intelligence. If you are a trainer or a coach, you should consider adding emotional intelligence to your offerings to help your clients build the confidence to achieve their dreams. The application of the â€Å"New Sciences â€Å"to the management of organizations in the age of hyper competition will also be investigated, in order to see whether it could improve our understanding and insight into the modern business organization. Due to the fact that this is a new and exciting way of managing a business, the amount of research literature available is limited. As always, when entering such uncharted waters, more questions will be raised than answers given, but this is indicative of a new concept, and leaves room for more intensive research which will provide a greater understanding of the value added by this management paradigm. Margaret Wheatley (1994) turns to the New Sciences to demonstrate how some of the issues discussed above might be accommodated. She shows how the New Sciences – including Quantum Physics, Chaos Theory, Chemistry, and Molecular Biology – provide insights into transforming how organizations organize â€Å"work, people and life†, in order to meet the strategic imperatives defined by D’Aveni. In particular, Wheatley draws on the New Sciences to apply scientific concepts to the problems of order/ change: autonomy/ control: structure/ flexibility: and planning/ innovation within organizations, and in so doing, calls, respectively, for free-flowing information, individual empowerment, relationship networks, and organizational change that evolves organically. This new approach to organizations is a dramatic shift away from thinking of organizations in mechanistic terms, as collections of replaceable parts, where leadership seeks prediction and control. A paradigm shift like this can only take place successfully if the necessary tools and mechanisms are available to support the application of the fundamental insights, offered by the New Sciences, to the complex adaptive system, i. e. the † Organization â€Å". Conclusion  In summary, career development includes all efforts and activities conducted by individual employees and the organization to help each person choose and follow the best path. The primary concepts that apply to personal success are building an ethical foundation, becoming involved in training and preparation, finding the right person-organization fit, engaging in continuous improvement, and achieving balance. Organizational needs also must be met to fully achieve a quality career development system. The age of the virtual organization is fast becoming a reality. The implications of this have to be dealt with urgently in the new millennium, as the adoption of ever newer technologies and the emerging trends discussed earlier will continue to manifest at an exponential rate. What is also clear is that the traditional management framework is increasingly proving itself incapable of satisfactorily dealing with the new market reality: Conventional theories and practices no longer provide the necessary guidance and support for decision-making in a world of change, complexity and uncertainty. It is this, then, that is driving the move towards a new management paradigm, in terms of which the management function will be radically redefined to take emerging realities into consideration. If companies are to prosper – to be drivers of their industries – they will need to proactively embrace a new management philosophy that is cognizant of the dynamics of information science, accelerating change, a borderless world, the holistic approach, the New Sciences, as well as the growth of technology, and, in the words of Vernor Vinge,†the dawn of the Technological Singularity. â€Å"

Tuesday, October 22, 2019

Free Essays on Freedoms Obligation

Freedom’s Obligation We have freedom today because of the veterans of war that have sacrificed their lives for us to live. Some have died to give us freedom. Some have been injured to never make their life the same again. Others have not been injured, and not died, but remember gruesome scenes that will haunt them forever. Many wars have been fought; many tears have been shed to give us the freedom we have today. In the Civil War the North fought the South for the freedom of the slaves. Early European settlers brought the slaves to America in the 1600s. Slaves were used to plant and harvest crops, clear land, build houses and shops, and do household chores. Slaves did all this and got nothing in return. The slaves deserved freedom, just like the rest of us. Even though these slaves deserved freedom, all throughout the first half of the nineteenth century, the North and the South struggled to find a solution to the slavery issue. The warriors of the Civil War had hot lead shed through their bodies to give the slaves the freedom they have today. Without the Civil War, where would our government be today? Would blacks still be slaves? Would we have the great military status we have today? To show that you appreciate freedom that the United States provides, you should follow the law and do what the government thinks is right. Following the law means doing what is right and not doing things that are illegal. If you do things that are illegal you could get punished and lose the right to have freedom because you will be put in jail. If you do not do what is right and legal you could also get punished with fines, losing your license, or community service, or even much worse jail time and the death penalty. The flag of the United States symbolizes freedom throughout the world. When people look at the flag of the United States, they see freedom. The 13 stripes on the flag represent the original 13 colonies. The white ... Free Essays on Freedoms Obligation Free Essays on Freedoms Obligation Freedom’s Obligation We have freedom today because of the veterans of war that have sacrificed their lives for us to live. Some have died to give us freedom. Some have been injured to never make their life the same again. Others have not been injured, and not died, but remember gruesome scenes that will haunt them forever. Many wars have been fought; many tears have been shed to give us the freedom we have today. In the Civil War the North fought the South for the freedom of the slaves. Early European settlers brought the slaves to America in the 1600s. Slaves were used to plant and harvest crops, clear land, build houses and shops, and do household chores. Slaves did all this and got nothing in return. The slaves deserved freedom, just like the rest of us. Even though these slaves deserved freedom, all throughout the first half of the nineteenth century, the North and the South struggled to find a solution to the slavery issue. The warriors of the Civil War had hot lead shed through their bodies to give the slaves the freedom they have today. Without the Civil War, where would our government be today? Would blacks still be slaves? Would we have the great military status we have today? To show that you appreciate freedom that the United States provides, you should follow the law and do what the government thinks is right. Following the law means doing what is right and not doing things that are illegal. If you do things that are illegal you could get punished and lose the right to have freedom because you will be put in jail. If you do not do what is right and legal you could also get punished with fines, losing your license, or community service, or even much worse jail time and the death penalty. The flag of the United States symbolizes freedom throughout the world. When people look at the flag of the United States, they see freedom. The 13 stripes on the flag represent the original 13 colonies. The white ...

Monday, October 21, 2019

Characters in The Poisonwood Bible and The Awakening Essay Example

Characters in The Poisonwood Bible and The Awakening Essay Example Characters in The Poisonwood Bible and The Awakening Paper Characters in The Poisonwood Bible and The Awakening Paper Essay Topic: The Awakening The Bible Barbara Kingsolver’s The Poisonwood Bible and Kate Chopin’s The Awakening both portray the desire of women to seek independence as seen by Orleanna and Edna’s dissatisfaction with treatment from their husbands, the significant decision to leave their current locations, and the self-discovery found in a life that breaks their expected norms. Although Leonce and Nathan live on opposite sides of the world, they show a similarity in how they treat women as objects, evoking unhappiness due to this treatment. For example, one of the first scenes in The Awakening portrays Leonce’s genuine attitude towards Edna. The story states, â€Å"‘You are burnt beyond recognition,’ Mr. Pontellier added, looking at his wife as one looks at a valuable piece of personal property which has suffered some damage† (Chopin, 7). This quote exemplifies Leonce’s condescending nature and his tendency to view Edna as only an object that benefits his self image, which causes Edna to feel rather worthless in the marriage. As the story progresses, readers see deeper into Edna and Leonce’s relationship, only to realize how truly dissatisfied Edna is with the expectations and treatment she receives from her husband. â€Å"If there is any real discord between the couple it is that Leonce wishes Edna to have more di rect involvement with her children. It is only when she breaks with every social convention of the time that he questions her as a wife† (Kate Chopin’s â€Å"The Awakening,† Caldwell). This constant questioning that Leonce lays upon Edna only causes her to become more disgruntled with her marriage. Orleanna experiences similar treatment from Nathan in The Poisonwood Bible and can relate to Edna’s struggle of being worn out by her husband’s immense expectations. As Orleanna and her four daughters grow accustomed to dealing with Nathan’s overzealous and overdriven attitude in Kilanga, they begin realizing that Nathan does not value them like

Sunday, October 20, 2019

Andrew Jackson essays

Andrew Jackson essays Two years before Andrew Jacksons birth, the Jacksons and their first two sons made the crossing from Ireland and settled in the Carolinas. While clearing land one day in 1767, there was an accident, and his father was killed. A few days later, on March 15, Andrew was born and named after his father,(1, 2) The American colonies, unhappy with British economic exploitation, high taxes, and interference in their internal affairs, were fighting to overthrow the King's rule, (1, 2). The war reached the Jackson family quickly and completely. Andrew's oldest brother was killed in a battle in 1779. Jackson's mother became a nurse to American soldiers, and thirteen-year-old Andrew and a brother three years his senior joined the army. An exceptional horseman, Andrew was made a messenger. He impressed his commander so much that the man gave the boy a pistol. In April 1781 both boys were captured by British troops. One English officer ordered Andrew to clean his boots. The boy, already known for his fiery temper, refused, and the officer pulled his sword and smashed it into the face of the boy. The blade left on Andrew's forehead a long, nasty gash that, like his hatred for the British, never completely went away. (1, 2) Young Andrew received as good education as could be had, and in fact a considerably better one than most boys because his mother had her heart set on seeing become a Presbyterian minister, (2, 14). However, as Andrew Jackson: Soldier and Statesman states, Throughout his life he remained a man of narrow education. He knew little of science, history, or literature, and his spelling was always a wonder to behold (even when he was President he might spell the same word three or four different ways in a letter). By the age of twenty-two, he was attorney general, or chief law officer, for the territory. About this time he met a daughter of ...

Saturday, October 19, 2019

The Conclusion of Kerner Commission Report Essay

The Conclusion of Kerner Commission Report - Essay Example My extensive research on the riots enabled me to realize that there are significant differences between what the commission reported and what actually happened back in the mid 1960s. I found that the riots were far less destructive than they were claimed to be and in most cases there were no serious confrontations between black and white people. Therefore, what actually happened was less extensive and less destructive than it was reported by the mass media. However, most of the public sector lacked other sources of information and believed what they saw on the television or heard on the radio and thus their beliefs and impressions were shaped accordingly. (Symposium: The Urban Crisis: the Kerner Commission Report Revisited., 1993 pg 10-15) Therefore, most of the American society was a victim of what is known as the sensationalizing strategy of mass media. I believe that the Commissions claim regarding two societies has ever materialized. My view is backed up by the fact that by 1985, American African population in the suburbs had increased to approximately 20.8 million. If America had been moving towards distinct unequal black and white societies as predicted by the Kerner Report, then the American Africans would not have been able to gain the immense political success which they have in the modern society. An African American scholar W. E. B. Du Bois over 100 years ago stated that: â€Å"The problem of the twentieth century is the problem of the color line† (Walker et al 2007 pg 1) ... If America had been moving towards distinct unequal black and white societies as predicted by the Kerner Report, then the American Africans would not have been able to gain the immense political success which they have in the modern society. An African American scholar W. E. B. Du Bois over 100 years ago stated that: â€Å"The problem of the twentieth century is the problem of the color line† (Walker et al 2007 pg 1) I do believe that wherever multi cultural societies live in close proximity, racism will be inevitable. But what I do not believe is that racism alone is capable of dividing the nation. Despite all the controversies, the Civil Rights movement of the 1960s was a success because due its efforts the African American population has been able to accomplish its birth right i.e. an equal status to American white population. Before the Civil Rights movement was launched, African American population did not have an equal status to the white and were not even allowed to vot e. (Walker et al 2007 page 23). Therefore, they had no elected representation in American Parliament. After the Civil Rights movement was launched, things started to change dramatically. In accordance with the Voting Rights Act of 1965, the Literacy test was abolished and therefore ensured that the black voters were not discriminated. Therefore, the Civil Rights movement paved the way for the success of African American population. It forced the Americans to accept the black population as equal to the white population. (Walker et al 2007 pg 24-25) Indeed, the success of the movement was reflected by the fact that Cruel and unjust punishment of black people was abolished by the American Government. Furthermore, American government strived

Friday, October 18, 2019

Marketing Mix Research Paper Example | Topics and Well Written Essays - 750 words

Marketing Mix - Research Paper Example Several components are collected and divided into four different variables which are known as four Ps – Product, Place, Price and Promotion. In general the term ‘marketing mix’ is used to signify these four Ps. These four Ps are the main elements of marketing mix. Each of them is briefly explained below. Product Product means the tangible goods or the intangible services or the combinations of two that are offered by the companies to their customers. For instance, an Apple iPad is a tangible product whereas a software or insurance policy is an intangible product. According to Pride and Ferrell, a product includes functional, psychological as well as social benefits or utilities. Furthermore it may also include various supporting services like guarantees, installation and repair (Pride & Ferrell, 2010, pp - 282). Price Customers have to pay a certain amount of money in order to purchase a product and this is called price. Companies earn their revenues from the pric es of their products. Price of a particular product can be decided by adopting different policies or strategies. Some of these strategies are ‘target pricing’, ‘ongoing pricing’, ‘value based pricing’ etc. ... Place is basically referred to these and all the locations where the products are made available by the company. Promotion Promotion means all the activities that are involved in communicating the advantages and benefits of a particular product to the customers. The principle objective of promotional activities is to persuade the customer for making him/her purchase the product. There are different kinds of promotional activities that are practiced. Advertising, public relation, personal selling, sales promotion are the most widely practiced promotional tools (Lamb, Hair & McDaniel, 2008, pp. 47). Marketing Mix and Ford Ford motor is one of the biggest automobile manufacturing companies in the world. The company has been producing quality cars for the past century. Different categories of cars starting from SUVs to sedan are produced by Ford. Various functional services like warranties, repair of damages come automatically when any of Ford cars is purchased. The company decides the p rice on the basis of its target revenue as well as consumers’ perception regarding the product. In case of its ‘Escape’ model, Ford calculates the probable retail prices that can be charged by its dealers. However, it is found that the dealers hardly charge the full price that is on the sticker. Instead of doing that, they offer trade-in-allowances, discounts as well as credit terms while negotiating the price with their customers. Such activities help the company to gain competitive advantage (Kotler, 2008, pp. 48-49). As far as distribution channels are concerned, there is a huge network of independent dealers who sell different cars of the company. Dealers are selected carefully by Ford, but once they are selected they get all

Principle of consideration Article Example | Topics and Well Written Essays - 1500 words

Principle of consideration - Article Example But why it is too simplistic to assume if there is consideration present a promise is enforceable by examining different facets of consideration within the above context. Sir Frederick Pollock defined consideration as 'An act or forbearance of one party, or the promise thereof, is the price for which the promise of the other is bought, and the promise thus given for value is enforceable."1 This definition was rightly adopted by Lord Dunedin in Dunlop v Selfridge Ltd (1915) 2 Dunlop had sold tyres to Dew Ltd on condition that their (latter's) agents should not sell below the listed price of Dunlop. But Selfridge Ltd who had purchased tyres from Dew Ltd sold below the listed price. In this case of suing of Selfridge by Dunlop decided by House Lords in appeal, it was held that privity of contract was essential. And what determined privity in this case was consideration. As there was no consideration moved between the said parties, there was no contract between them and therefore Selfridge was not liable to Dunlop Even earlier to Dunlop case, principle of consideration was established in Currie v Misa (1875)3 wherein Misa issued cheque to Lizardi or bearer. As the cheque was dishonoured, the bearer Currie brought action on Lisa. It was held the bearer Currie even as a holder for value is not entitled to sue Misa as there was no consideration between them. The following are the rules of consideration. a) Consideration must be present in a promise and must have moved from the the promisee. In Tweedle v Atkinson (1861)4, it was held that the person entitled to sue is he who gives consideration. It follows also that gift is not a contract. b) Consideration must have some value. Hence natural love and affection or performance of a moral duty will not be used to enforce a promise. This was decided in White v Bluett(1853)5 wherein it was held that a son's promise not to complain to his father as to how his properties are distributed among his children in return for the father's promise not sue his son for the debts owed to him, can not be good consideration. "Judge Pollock held that the son had not provided good consideration as he had no legal right to complain. Thus, in promising not to complain, the son did not forbear or give up anything of value in exchange for his father's promise." (Barbara Lisa)6 c) Consideration need not be adequate. In Chappel and Co v Nestle7, it was decided that consideration of 1s 6 d with three wrappers of chocolates Nestle had offered was a sufficient consideration for the gramophone records offered in return. d) Consideration may be executory or executed but past consideration can not enforce a promise. A consideration already provided before promise was made is past consideration

Thursday, October 17, 2019

Business Ehtics Essay Example | Topics and Well Written Essays - 250 words - 1

Business Ehtics - Essay Example Ethical standards govern the existence of human life and encompass the realm of business entities. The seven habits of strong ethical leaders are presented by Ferrell, Fraedrich & Ferrell is applicable in personal scenarios as well as in business organizations. Business problems are solved by utilizing collaborative and participative approaches to decision making with ingrained habits of strong ethical leaders. From among the seven habits, five are hereby proffered. Ethical leaders possess strong personal character. Leaders are concerned with the creation of an environment for performance. They integrate tasks, structure, technology, resources, and people into a productive configuration. They achieve goals through the efforts of other people. They have to influence the behavior of other people in order to get things done. They have the passion to do right. Ethical leaders value honesty and integrity. Honest and integrity means being straightforward and firm in adherence to an ethical code of conduct. Honesty is specifically critical in terms of conforming to truthfulness in financial matters and in doing one’s responsibilities, as expected in the organization. Ethical leaders have the integrity to adhere to the policy of financial accuracy in disclosing the truth in financial reporting. Both values must be deeply ingrained in one’s personality to form part of the individual’s philosophy in life. Being proctive takes vision to look forward. Ethical leaders take charge and are accountable for one’s own destiny as well as those of his followers. Leaders who are proactive make strategic decisions based on creative plans for the future and being governed by a standard set of ethical codes. Ethical leaders do not hide anything and are transparent in their actions. They are also actively involved in decision making process. Equipped with values of honesty and integrity,

Define supply and explain what causes change (shifts) of supply and Essay

Define supply and explain what causes change (shifts) of supply and how supply can determine prices. Explain what is price elast - Essay Example The curve signifies a law of supply implying the more the price is, the more a quantity is supplied. So if price is altered, the quantity supplied will be affected accordingly. There are a few assumptions associated with the law of supply as well. These include if there is no change in price for the factors of production or technique and related goods, the goal of the firm remains constant and manufacturers do not anticipate a change in the near future regarding price of the commodity. The relationship between price and related goods can go inverse if related goods price goes high e.g. a bar b q meal price will go high if the meat prices go high as the meal is dependent on meat but at the same time production will be decreased as the cost of production will increase. Technological advancement also helps increase production. The swifter a process is, the more the products will be manufactured. Fewer resources are required and consequently more can be produced. The number of suppliers entering the market impacts the prices by bringing it down due to competition (TR Jain, VK Ohri). Figure 1 Supply Shifts and Price Change or shift in supply refers to the phenomenon when this supply curve shifts either up towards the left or down towards the right. What causes such a change is the change in factors other than price resulting in an impact on the quantity being supplied. These factors are of the same commodity such as change in input price, number of suppliers or technology etc. this phenomenon is termed as change in the level of supply. Decrease in supply refers to the fact when supply drops due to change in the above mentioned factors. Similarly increase in supply refers to the fact when supply increases to change in those same factors. The companies are willing to produce more products in the same price when there is an increase in supply. Cheap available inputs or low cost production due to advancement in technology may contribute to these factors. Decrease in sup ply may be due to several reasons. One may be high cost of production because the technique is obsolete or factor prices increase. If there is a competition in market, the price of competing goods will also impact. A decrease in those prices may lead to a decrease in the product price. Similarly is number of companies in the markets decrease, this will also bring down the supply. Also, if a firm anticipates a rise in commodity price in the upcoming future, supply will be decreased. One other major factor may be due to a shift in the firm’s objectives. They might be willing to maximize their profits rather than sales (Jain and Ohri, 2010). The relationship between price and supply is held by the supply curve and stated by the law of supply. Selling chocolates will be profitable if the price of chocolates is high. Consequently chocolates will be delivered in huge quantities to meet the demand. Chocolate manufacturers will add additional resources and work on technological advan cements and supplying techniques to meet the demand. Similarly if chocolate demand decreases, the production will decrease to a level to only fulfill the demand. Therefore changes in supply and demand impact market equilibrium (Mankiw, 2003). Price Elasticity and its Determinants Price elasticity of supply is a ratio between the percentage changes in the quantity supplied to the percentage change in the price. A particular supply curve of a product as a medicine or games depicts the elasticity

Wednesday, October 16, 2019

Business Ehtics Essay Example | Topics and Well Written Essays - 250 words - 1

Business Ehtics - Essay Example Ethical standards govern the existence of human life and encompass the realm of business entities. The seven habits of strong ethical leaders are presented by Ferrell, Fraedrich & Ferrell is applicable in personal scenarios as well as in business organizations. Business problems are solved by utilizing collaborative and participative approaches to decision making with ingrained habits of strong ethical leaders. From among the seven habits, five are hereby proffered. Ethical leaders possess strong personal character. Leaders are concerned with the creation of an environment for performance. They integrate tasks, structure, technology, resources, and people into a productive configuration. They achieve goals through the efforts of other people. They have to influence the behavior of other people in order to get things done. They have the passion to do right. Ethical leaders value honesty and integrity. Honest and integrity means being straightforward and firm in adherence to an ethical code of conduct. Honesty is specifically critical in terms of conforming to truthfulness in financial matters and in doing one’s responsibilities, as expected in the organization. Ethical leaders have the integrity to adhere to the policy of financial accuracy in disclosing the truth in financial reporting. Both values must be deeply ingrained in one’s personality to form part of the individual’s philosophy in life. Being proctive takes vision to look forward. Ethical leaders take charge and are accountable for one’s own destiny as well as those of his followers. Leaders who are proactive make strategic decisions based on creative plans for the future and being governed by a standard set of ethical codes. Ethical leaders do not hide anything and are transparent in their actions. They are also actively involved in decision making process. Equipped with values of honesty and integrity,

Tuesday, October 15, 2019

A Key Concept in Information Systems Term Paper

A Key Concept in Information Systems - Term Paper Example Information technology is also a fundamental component of information systems. Technologies such as the internet, artificial intelligence among others are critical in helping humans to perform activities and tasks that are difficult and tiring for humans such as handling huge volumes of data and information, accurately controlling simultaneous processes and performing complex calculations (Stair & Reynolds, 2011). Over the past decade, information systems have become an integral part of any organization or business. It plays a fundamental role in determining the daily operations and sustainability of the business or organization in the future. Consequently, it has become a critical aspect of information systems management to identify critical issues that affect the operation and use of information systems (Peltier, 2013). The several concerns include personal, legal, ethical and organizational issues that result from the use of information systems. The development of this concept was mainly occasioned by the increased compromise of confidentiality, integrity, completeness and accuracy of data and information that is stored in the information systems. Activities such as e-mails, malware, freeware and shareware, phishing, piracy, hacking among other threats are some of the common issues affecting the information systems all over the world. Consequently, a key concept in information systems is e nsuring privacy, confidentiality, accuracy and completeness through information system security (Peltier, 2013). Information systems are used in major government agencies, public institutions such as health facilities and also in the private sector for different purposes. With the increasing threats to information systems from external and internal sources, these organizations must ensure availability or reliable information security plans that address personal users of the systems, the

Human motivation Essay Example for Free

Human motivation Essay Success is not what we get, success is what we achieve and this success we get from Motivation, whether you are appearing for final exams, you are a player or a singer or in Army fighting battles in the field, you will reach the pinnacle of success only if you are motivated. Motivation is your desire and your impulse, which can make you break the icebergs. The word Motivation was derived from the Latin word movere, meaning to move. (Romando, 2007). There are many theories describing the human’s tendency towards motivation; but here I am dealing with five theories, which influences and determines the human behavior. †¢ Self Determination Theory †¢ Humanistic Theory †¢ Instinct Theory †¢ Cognitive theory †¢ Need Theory Every human being needs motivation to grow, which he attains from several sources like his own self -realization, listening to music, nature, Society etc. The influence of Society motivates the person towards actualization of their goals and allows them to make decisions. The self-determination theory has been into practice since last three decades and constitutes set of four mini theories, cognitive evaluation theory, organismic integration theory, Causality orientations theory and basic needs theory. (Faculty at the University of Rochester, 2007). As Shapiro in 1981 said, â€Å" The key issue for self-direction, is flexibility in psychological structures-the flexibility that allows ones attitudes to direct action towards the active achievements of one’s aims†. (Deci, M Ryan, 1985) Self Determination theory deals with the extent to which the inner tendencies of humans impel them for psychological growth and development, take most challenging tasks and integrate their life experiences for their satisfaction and fulfillment of their self. Although, these are natural tendencies, which determine and motivate humans but are only fulfilled by influence and support of the social environment. It is the society, which provides an individual healthy environment, nutrients and basic psychological needs enabling him or her to think and make choice independently and rationally. (Beck, 2003) Self- Determination permits the person to positively involve taking risks and incorporating in the social fabric of society. Especially for the persons with disabilities, self-determination acts as a medicine boosting their self-esteem. (Faculty at the University of Rochester, 2007) Another aspect to this theory is the value of risk taking. The self determined humans are also not devoid of risks too, their over confidence can take them on the downward slide of career path. External coercion, without giving independent thought too may affect humans psychologically and mentally. Humans also go by their instinct to accomplish a task or to move ahead in the journey of their life. Sigmand Freud and William James brought forth the instinct theory to capture the intricate nature of human beings. The inclination of humans to act and think emerges out from their soul. Their decision comes what their inner perception and inner self directs him to, for e. g. all the tastes and preferences of the humans come from their inner voice, which directs and helps the person to make choice. Scientists and Researchers have not yet come into any concrete evidence to support the instinct theory, yet it is true. Human beings going by the instinct avoids considering the cost of risk they might be subjected to. People neither make calculated move nor consider pros and cons rather they just jump into action what their inner instinct tells them too, which may not come out to be true. The value of risk taking is very high to the persons who are motivated by the inner instinct and its best example is death instinct theory propounded by Freud in 1920, whereby he stated that humans with their instinct go to the extent of loosing their will to survive. According to Freud, humans have two instincts: one is life-favoring instinct Eros, which in Greek means love and another instinct is Thanatos, which in Greek means death. It clearly shows that instinct theory is also risky. (Kastenbaum, 2007). If someone believes that â€Å"Perception is everything†, this means that he is cognitivist. (Heffner, 2004) Perception means to reorganize what the senses perceive into practicality. Your thoughts are your determining factor to take practical decisions and mould your emotions, behaviors and your whole personality. Cognitive theory depends on this perception. The theory states that by changing the thoughts, a person can change the moods, reduce tensions and anxiety and can develop good relationships. But thoughts can be deceptive too, and as said by Leon Festinger in 1957, â€Å"There are always conflicts and discrepancies between thoughts and actions or between belief and actions and we will act to resolve conflict and discrepancies. †(Huitt, 2001) The value of risk is imbalance between our thoughts and actions for e. g. persons’ thoughts would pronounce that smoking is detrimental to health, still he smokes this means he is conflict with himself. Every human being is born with his own personality and grows with his personality and has certain needs to be fulfilled, which motivates them towards the self-realization of their goals and for over all growth and development. The theory, which revealed this very perplexing nature, so intricately woven in humans is known by researchers and psychologists as Humanistic theory. Abraham Maslow (1908-1970) who came out with this theory too states that, â€Å"All human beings has â€Å"Hierarchy of needs to fulfill before becoming a self-actualized, fully able person†. (Mercury, 1999). Even Carl Rogers (1902-1987) echoed the views of Maslow and further stated that for development, a person requires an environment, which can give him ample scope for self-disclosure, recognition and understanding and without these even the healthy human being will fade, just like a tree which cannot grow without sunlight and water. The risk is as Rogers says people may face anxiety when they face the real situation, which can be contradictory. According to Critics, The humanistic theories are very optimistic, vague and are unscientific. (Mercury, 1999). Among all the theories, the most determining factor for the human beings are their needs, and the priority that humans show on their needs motivate them to lead their fruitful life. Maslow came up with a â€Å"Hierarchy model† on the basis of needs theory. These needs are psychological needs, safety needs, social needs, esteem needs and self-actualization needs, according to this hierarchy. (Huitt, 2001) Once one need is fulfilled, it will lead to another need. But according to the critics this theory has several drawbacks. One person can have several needs at the same time, and can over lap. It is not necessary that fulfillment of one needs may actually motivate a person, as it is a human tendency that fulfillment of one need instigates the person to pursue in the quest for the acquirement of another need, and in this pursuit many persons may resort to anti-social activities harming the society. All theories came out with the one basic fact that it is the individual himself only, who in true sense is a force behind his own success and failure. All motivation comes from within individual himself, which is real essence of human motivation. WORKS CITED Becks Robert, (2003), Motivation: Theories and Principles (5th edition), Prentice Hall. Edward L. Deci, Richard M. Ryan, (1985), Intrinsic Motivation and Self-Determination in Human Behavior, Springer, Inspirational. Richard Romando, Motivation Theory, Enzyne Articles, http://ezinearticles.com/? Motivation-Theoryid=410700 Faculty at the University of Rochester (Last Updated: 2007) Self Determination Theory: An Approach to Human Motivation and Personality. Retrieved June 30, 2007 from W. W. W: http://www. psych. rochester. edu/SDT/theory. html Heffner L. C. (Last Updated: 2004). I think therefore I have a Personality. In Cognitive Theory. Retrieved on June 30, 2007 from W. W. W: http://allpsych. com/personalitysynopsis/cognitive. html Huitt, W. (2001). Motivation to learn: An overview. Educational Psychology Interactive. Retrieved on June 30, 2007 from W. W. W: http://chiron. valdosta. edu/whuitt/col/motivation/motivate. html Kastenbaum Robert (Updated 2007) Death Instinct. Encyclopedia of Death and Dying. Retrieved June 30,2007 from W. W. W: http://www. deathreference. com/Da-Em/Death-Instinct. html Mercury M. F. (1999) Humanistic Theory. bbc. co. uk: The Guide to Life, The Universe and Everything. Retrieved on June 30, 2007 from W. W. W: http://www. bbc. co. uk/dna/h2g2/A147151.

Monday, October 14, 2019

Integrated Severe Accident Codes

Integrated Severe Accident Codes Advanced safety evaluations and design optimizations that were not possible few years ago can now be performed. Nowadays, it becomes possible to switch to new generation of computational tools in order to get better realistic simulations of complex phenomena and transients. The challenge today is to revisit safety features of the existing research reactors in order to verify that the safety requirements still met and when necessary to introduce some amendments, coming from not only the new requirements but also, in order to introduce new equipments from recent advancement of new technologies. The objective of this work is to give an overview of the state of the art in performing safety analysis of research reactors and to emphasize the need and the provision to achieve such goals. An attempt to perform standardized safety analyses for RR was proposed by the International Atomic Energy Agency e IAEA. In the framework of core conversion from the use of highly enriched uranium fuel to the use of low enriched uranium fuel. In this regard, a safety related benchmark problem for an idealized generic 10 MW MTR light-water pool-type reactor was specified in order to compare computational methods used in various research centers and institutions. The related benchmark problem covers large steady state kinetic and thermal-hydraulic calculations and wide range of hypothetical dynamic transient conditions. However, almost all of the safety analyses have so far been performed using conservative computational tools. Nowadays, an established international expertise in relation to computational tools, procedures for their application, including best estimate methods supported by uncertainty evaluation, and comprehensive experimental database exists within the safety technology of Nuclear Power Plants (NPP). The importance of transferring NPP safety technology tools and methods to RR safety technology has been noted in recent IAEA activities. However, the ranges of parameters of interest to RR are different from those for NPP. This is namely true for fuel composition, system pressure, adopted materials and overall system geometric configuration. The large variety of research reactors prevented so far the achievement of systematic and detailed lists of initiating events based upon qualified PSA (Probabilistic Safety Assessment) studies with results endorsed by the international community. However, bounding and generalized lists of events are available from IAEA documents and can be considered for de eper studies in the area. In the area of acceptance criteria, established standards accepted by the international community are available. Therefore no major effort is needed, but an effort appears worthwhile to check that those standards are adopted and that the related thresholds are fulfilled. The importance of suitable experimental validation is recognized. A large amount of data exists as the kinetic dynamic core behavior form SPERT reactors tests. However, not all data are accessible to all institutions and the relationship between the range of parameters of experiments and the range of parameters relevant to RR technology is not always established. However, code-assessment through relevant set of experimental data is recorded and properly stored. An established technology exists for development, qualification and application of system thermal-hydraulics codes suitable to be adopted for accident analysis in research reactors. This derives from NPP technology. The applicability of system codes like RELAP5, COBRA and MARS to the research reactor needs has been confirmed from recent IAEA activities. Definitely, system codes are mature for application to transient analysis in research reactors. However, code limitations have been found in predicting pressure drops as a function of mass flux at low values of mass flux when nucleate boiling occurs. The importance of the Whittle and Forgan experiments shall be mentioned, as well as the dependence of results from the noding (cell subdivision) adopted by the code users. Several code user choices, including time step may have a significant effect upon prediction, thus confirming the need for detailed code user guidelines. Furthermore, code validation must be demonstrated for the range of parameters of interest to research reactors. The crucial role of uncertainty in research reactor technology has been emphasized, (a) for the design, with main reference to the prediction of the nominal steady state conditions and, (b) for the safety issues, with main reference to the prediction of the time evolution of significant safety parameters. It has been observed that suitable-mature methods exist, but the spread of these methods and procedures within the community of scientists working in research reactor technology is limited. Therefore, the purpose of the present report is to provide an overview of the accident analysis technology applied to the research reactor, with emphasis given to the capabilities and limits of the used computational tools. There are many analysis codes for transient and accident analysis and simulating individual phenomena of severe accident. These analysis codes can be categorized into the different groups as shown in Table 1, where various analysis codes are classified into several groups. The integrated severe accident codes are formed by selecting and combining individual analysis tools. They can be used to model the whole sequence of the severe accident which may occur in the plant system or in the experimental facilities.

Sunday, October 13, 2019

If A Tree Falls in the Philosophical Forest, Someone Managed to Undermi

To truly think about knowledge brings about some interesting thought. When asked to think about knowledge, most individuals concern themselves solely with what they know such as certain subjects, theories or facts. In the grand scheme of things, this way of thought is seemingly only minute or even superficial. As human beings, we do not always considered how we come to know what we know. We often place are acquisition of knowledge lower in a taxonomy of importance. All too often, individuals take knowledge and its power for granted. However, individuals like Renà © Descartes and his work, The Meditations, provide a deep exploration of knowledge and all its facets. For every individual or scholar this work is very important in that it causes the reader to consider what we assume as truth and to envision a foundation for knowledge that is indubitable. The aim of this paper is to consider the role of knowledge in epistemology, to expose the concept of an indubitable foundation for all knowledge and the overall influence of Descartes on the imminent enquiries. First of all, I demonstrate that epistemology is the study of all that encompasses knowledge. Furthermore, I support the traditional epistemological concept of justified true belief by arguing that this model is largely relied on in the expectations of current empirical data. Second, I examine Descartes intentions, method and product, The Meditations. Following this review, I assert that it is impossible to find a true foundation for knowledge due to the unknown origin of human creation, the element of subjectivity and solipsism and the limitations of knowledge being indubitable. Furthermore, I critically assess that the Cartesian circle and Descartes presumption of God in h... ...rably thoughtful but is not without flaw and criticism. As stated, his goal and ambition is admirable in that he sought to support what his previous achievements, and those of many others, where fatefully resting upon. Whether scholars, students or just the individual interested in philosophy may agree or disagree with Descartes meditations, one thing I argue is truly beneficial about Descartes work is that doubt can be very valuable to our every day lives. All to often individuals take such facets of news, gossip, literature and theory all too seriously and fail to see the implications of implying indubitable confidence in what we accept as individuals. References Descartes, R. (2003). Meditations and Other Metaphysical Writings. Toronto, ON: Penguin Classics. (Original work published 1641). Lightbody, B. (2011). Philosophy 1F91 Lectures. Brock University.

Saturday, October 12, 2019

The Tempest Essay -- Literary Analysis, Shakespeare, Classics

The similarities and differences between Aime' Cesaire's ATempest and William Shakespeare's The Tempest gives the reader an idea that it is a political response. From the way that both of the titles of these works of literature differ, an idea of concept is offered. They share a similar story line yet, after some one has read A Tempest : a different perspective is gained. A Tempest is actually considered a post colonial period piece of writing and one can acquire and prove this by the forms in which Aime' Cesaire portrays the characters and switches around their personalities and their traits,the time periods and the acquisition of language, and the ways power is used reveals that it is indeed a political response from a post colonial perspective. Shakespeare's The Tempest and Cesaire's A Tempest differ in the way it is expressed. From the words, the and a the whole concept of tempest is changed completely. The definition of the word tempest could mean two things, a violent windstorm, frequently accompanied by rain,snow,or hail and/or a furiosus agitation, commotion,or tumult; an uproar. Shakespeare's The Tempest is correlated with the first definition while Cesaire's A Tempest associates more with the second one. Shakespeare's The Tempest starts of with a storm and on a ship [A tempestuous noise of thunder and lightning heard] (Shakespeare 1667-69) while Cesaire's begins with Caliban shouting, "Uhuru!" (Cesaire 1721) which means freedom. Those examples gives us the concept of the storm and an a uproar. The time period in which The Tempest was written is the age of exploration is within the time frame of the mid 1400's towards the late 1500's. The discovery and colonization of far off lands, these years were filled ... ...liban called him "a colony addict" .(Cesaire 1727) Also,Cesaire made it seemed as Prospero revenge was another conquest not really a vengeful act. By the end, the reader sees this with his reasoning of why he forgived them. Ariel was always overly compliant and was always called my dear Ariel by Prospero. While Caliban, the black slave was treated horridly and threatned. Prospero told Ariel it doesn't matter what that villain plots against me?All the nobility of Italy,Naples,and Milan and henceforth combined,will protect my person."(Cesaire 1723) There is no doubt that Cesaire is trying to say no matter what, us Europeans always stick together, so he has nothing on me, he doesn't phase me which is one of the main ideals in this political response.During slavery, Europeans had alot of control over the Africans fate but, there were always limits that caused a tempest. The Tempest Essay -- Literary Analysis, Shakespeare, Classics The similarities and differences between Aime' Cesaire's ATempest and William Shakespeare's The Tempest gives the reader an idea that it is a political response. From the way that both of the titles of these works of literature differ, an idea of concept is offered. They share a similar story line yet, after some one has read A Tempest : a different perspective is gained. A Tempest is actually considered a post colonial period piece of writing and one can acquire and prove this by the forms in which Aime' Cesaire portrays the characters and switches around their personalities and their traits,the time periods and the acquisition of language, and the ways power is used reveals that it is indeed a political response from a post colonial perspective. Shakespeare's The Tempest and Cesaire's A Tempest differ in the way it is expressed. From the words, the and a the whole concept of tempest is changed completely. The definition of the word tempest could mean two things, a violent windstorm, frequently accompanied by rain,snow,or hail and/or a furiosus agitation, commotion,or tumult; an uproar. Shakespeare's The Tempest is correlated with the first definition while Cesaire's A Tempest associates more with the second one. Shakespeare's The Tempest starts of with a storm and on a ship [A tempestuous noise of thunder and lightning heard] (Shakespeare 1667-69) while Cesaire's begins with Caliban shouting, "Uhuru!" (Cesaire 1721) which means freedom. Those examples gives us the concept of the storm and an a uproar. The time period in which The Tempest was written is the age of exploration is within the time frame of the mid 1400's towards the late 1500's. The discovery and colonization of far off lands, these years were filled ... ...liban called him "a colony addict" .(Cesaire 1727) Also,Cesaire made it seemed as Prospero revenge was another conquest not really a vengeful act. By the end, the reader sees this with his reasoning of why he forgived them. Ariel was always overly compliant and was always called my dear Ariel by Prospero. While Caliban, the black slave was treated horridly and threatned. Prospero told Ariel it doesn't matter what that villain plots against me?All the nobility of Italy,Naples,and Milan and henceforth combined,will protect my person."(Cesaire 1723) There is no doubt that Cesaire is trying to say no matter what, us Europeans always stick together, so he has nothing on me, he doesn't phase me which is one of the main ideals in this political response.During slavery, Europeans had alot of control over the Africans fate but, there were always limits that caused a tempest.

Friday, October 11, 2019

Acid Rain Research Paper Essay

Rain is one of the most dire and essential needs for a thriving ecosystem, and to sustain human, animal, and plant life. The water provided by the water cycle, the event causing rain, is required to keep all life on Earth alive. Rain, although naturally acidic, seems to have been increasing at a rapid rate due to many reasons. Some of these many reasons include, pollution. Pollution from homes, factories, power stations, cars, and many more man-made products. So even though rain, while naturally acidic, was not referred to as â€Å"Acid Rain† till man-made pollutions began to alter it in a greater way. The effect of these pollutions on rain, is now the reason why acid rain is of existence. However, contrary to popular belief, acid rain isn’t just a problem that’s occurred in the past thirty years. Over a hundred years ago, a chemist named Robert Smith found great evidence that the rainfall in Manchester, U.K. was more acidic than reasonable. After studying chemicals like sulphur dioxide, he found a link between the increased acidity in the rain and the amount of chemicals being given off when coal was burnt in factories. Acidity levels in rain rise mainly when pollutants from all aforementioned sources are mixed with the atmospheric moisture. Due to this mixing of the atmosphere, it is incredibly hard to maintain and/or contain the levels of acidity in rain to a single area. Pollutants and chemicals may be carried in clouds over incredibly long distances before finally resulting in downpour. This means that outside of factories and industrial zones, acid rain can hit commercial areas, and can also spread to wildlife areas, such as rainforests, forests, jungles, and other biomes. All this attributes to the rising rates of acidic rain over the past 100 years. The effects of acid rain on living things, such as plants, marine life, animals, and humans? There is an obvious and increasing link between acid rain and the harm done to organic life. Primarily, since more easily documentable, human health seems to be affected the most in this trifle. People can be harmed by breathing in toxins, chemicals, and pollutants, from either dry deposits of this acid rain, or chemicals can be released through vapor/liquid form. This can range from causing chest illnesses, breathing problems, birth defects, and other unusual diseases more and more commonly being revealed as time progresses. Some birth defects include, but are not limited to, birth without certain limbs, birth without ability to reproduce, or lacking reproductive organs completely, and other respiratory conditions. These respiratory conditions occur because when toxins burrow into the lungs, it acts as a poison, and causes the airways to get narrower. The narrowing of the respiratory system’s airways causes it to become harder to breathe. The same conditions exist for other organic life, only in a slightly different manner. Marine life and animals seem to exhibit nearly the same conditions that humans do, except with less frequent birth rates with lack of limbs. Breathing gets more difficult for all living organisms with a respiratory system, or similar breathing mechanism. However, acid rain becomes a much more complex matter when dealing with plants. Over the progression of time, scientists have noted a slowed progression of forests, leaves turning brown and dying whereas they should be green and healthy. After massive conductions of tests, scientists have noted that acid rain is one of the primary reasons for dying/slowed/injured rainforests. In other studies, it’s shown that soil degradation is a product resulting from acid rain, mainly in the eastern regions of the US. The effects of acid rain on buildings? The acidity levels in rain have a much slower impact on constructions and buildings than they do on organic life, but the impact is still notice, increasingly over the past few years. It is a proven scientific fact that acids have a corrosive effect on many buildings and sculptures, most notably, the statue of liberty. The Statue Of Liberty, being made from  copper, has an extreme reaction when having dealt with acid rain. As well as having a dire effect on constructions of copper, other materials such as limestone and marble also have an extreme corrosive reaction to acids and acid rain. It is scientific fact that any wet or dry deposition of sulfur dioxide drastically increases the rate of corrosion on limestone, marbles, sandstones, and coppers. A common test to prove this would be dropping an egg into vinegar, a test many have conducted as proof to this fact. Eggshells are made from the same materials as limestone, calcium carbonate, and vinegar also has a great acidity level. Within an hour from dropping this egg into the vinegar, the shell will completely dissolve. In these two pictures you can see the effects of acids on different construction material. This massively demonstrates the fatalities of acidic rain levels being increased over time. In the picture to the right, the eggs in water and orange are practically new, where as the egg in coke seems to have a few obstructions. However, the egg that is in the vinegar, is shown to be completely dissolving with bubbles even popping out from around it. In the picture to the left it show’s the stature of liberty as how it once used to be (Artists depiction), and of how it is now. These drastic effects are fatal on the environment, natural or manmade. Solutions to solve this problem of acid rain? To reduce the acidity levels of rain, industries must cut down the amount of sulphur dioxide being produced when fossil fuels are burned and used. Viewing it like this, industries have a few options in which to choose from. They can produce and use coal that has little to no amounts of sulphur on it, research can be done to find a way in which to remove sulphur from coal. Other choices, but less conventional range from using a different kind of fuel, or researching a way in which when the coal is burned, the sulfur is destroyed before being emissed into the atmosphere. There seems to be many ways to combat this issue, but the most conventional seems to be halting the emissions of pollutants all in all. Reducing the amount of nitrogen oxide emissions caused by car exhaust is an effective solution. Public transport systems need to be improved so that people can travel without having to use their cars. If more people used public transport, it would cut the number of  private vehicles on the roads, and would reduce pollution dramatically. Everybody needs to work together to reduce pollutants to make the world a safer and healthier place to live. In conclusion, acid rain continues to develop into a greater and more massive problem as time progresses. However, if certain countermeasures are taken, which in hindsight, shouldn’t have to have been even contemplated if measures were taken in the past, can prevent acidity levels in rain to become a greater problem than it already is. In addition to limiting its growth, we can also work together, industries and the common denizens of society, to lowering its level as a whole.

Thursday, October 10, 2019

Ratio Analysis of Starbucks vs Mcdonald’s

Running Head: RATIO ANALYSIS Starbucks Corporation & McDonalds Corporation McDonald’s Corporation McDonald’s Corporation operates in the food service industry. The company has its restaurants in more than 100 countries of the world. McDonald’s, the world’s largest food chain is headquartered in U. S. having an employee population of 390000 (About McDonald's†¦ , 2008). Starbucks Corporation Seattle based, Starbucks Corporation is the leading coffeehouse chain in the world. The company has its operations in more than 44 countries. The main products offered by Starbucks various kinds of drinks, snacks, coffee beans. The company also operates in the field of marketing of music, books (The Company, 2008). Ratio Analysis Ratio Analysis (2007) RatiosStarbucksMcDonalds Current Ratio0. 790. 80 Quick Ratio0. 300. 67 Debt Equity Ratio1. 340. 92 Proprietary Ratio0. 430. 52 Solvency Ratio0. 570. 48 Inventory Turnover Ratio12. 13118. 77 Gross Profit Ratio (%)23. 3434. 69 Net Profit Ratio (%)7. 1515. 67 Return on Proprietors' Funds (%)29. 4515. 67 Earning Per Share0. 912. 06 Current Ratio Current Ratio may be defined as the relationship between current assets and current liabilities. It is also known as working capital ratio or 2: 1 ratio. It is calculated by dividing the current assets by current liabilities. The main components of this ratio are current assets and current liabilities. Current assets of a firm represent those assets which can be, in the ordinary course of business, converted into cash within a period not exceeding one year. Current liabilities mean those obligations which are to be paid within a period of one year of current assets or by creation of current liabilities (Van Horne, Wachowicz & Bhaduri, 2005). Current ratio of the Starbucks Corporation and McDonalds Corporation is . 79 and . 80 respectively in the year 2007. There is little difference in the current ratio of both the companies. The ratio reflects weak liquidity position of both the companies and it shows that the companies do not have short term solvency. Liquidity position can be improved to some extent and can be made equivalent to industry average. The industry average of current ratio is . 90: 1. Quick Ratio This ratio is also helpful in analyzing short term financial position of a business. Quick ratio is the measure of the instant debt paying ability of the business enterprise, hence it is called quick ratio (Van Horne, Wachowicz & Bhaduri, 2005). A quick ratio of 1:1 is considered as an ideal ratio. If the liquid ratio is more than 1:1, the financial position of the firm seems to be sound and good. On the other hand, if the ratio is less than 1:1 the financial position of the firm is unsound. Quick ratio of Starbucks is . 30:1 and McDonald’s ratio is . 67:1. There is high difference between the quick ratios of both the corporations. McDonald’s liquidity position is much better than Starbucks. Overall, the short term liquidity position of both the firms is quite poor because both the ratios are less than the desired norms. For instance, current ration should be 2:1 whereas, it is 1:1 approximately. Similarly the liquidity ratio is much less than 1 as compared to ideal standard of 1:1. Therefore, the companies will face difficulties in current obligations on maturity. Debt Equity Ratio This ratio indicates the relative proportion of debt and equity in financing the assets of a firm. Debt Equity ratio reflects the relative claims of creditors and shareholders against the assets of a firm. The industry average of ratio is . 42:1. Debt equity ratio of McDonalds is . 92:1 which is highly satisfactory as normally the ratio of 1:1 is considered reasonable. The Starbucks ratio is 1. 34:1 which is very high. A high debt equity ratio has serious implications from the firm’s point of view. A high proportion of debt in the capital structure lead to inflexibility in the operations of the firm as creditors would exercise pressure and interfere in management. Proprietary Ratio Proprietary ratio establishes relationship between proprietors or shareholder’s funds and total assets of the business. This ratio highlights the general financial strength of the firm. It is of great importance to creditors since it enables them to find out the proportion of shareholder’s funds in the total assets used in the business. The ratio of Starbucks is . 43:1 and for the McDonalds it is . 52:1. Though, ratios are quite similar but McDonalds again has a better position than Starbucks Corporation. Solvency Ratio This ratio measures the long term solvency of the business. It reveals the relationship between total assets and total external liabilities. This ratio measures the proportion of total assets provided by creditors of the firm i. e. what part of assets being financed from loans (Van Horne, Wachowicz & Bhaduri, 2005). The total assets of Starbucks and McDonald’s are more than total liabilities which indicates that the company is solvent. So, the higher the ratio, the grater is the amount of creditors that is being used to generate profit foe the owners of the firm. The difference in both the companies’ ratio is small but still Starbucks has better performance than McDonald’s in terms of solvency. Inventory Turnover Ratio The ratio indicates the number of times inventory is replaced during the year. It measures the relationship between the cost of goods sold and the inventory level. The inventory turnover ratio measures how quickly inventory is sold (Van Horne, Wachowicz & Bhaduri, 2005). The inventory turnover ratio of Starbucks is 12 times while McDonald’s ratio is 118 times. McDonald’s has an efficient inventory management. Whereas Starbucks has low inventory turnover ratio and it is unsatisfactory. In general, a high inventory turnover ratio is better than a low ratio. A high ratio implies good inventory management. A very low level of inventory has serious implications. It adversely affects the ability to meet customer demand as it may mot cope up with its customer requirements. Gross Profit Ratio The ratio expresses the relationship of gross profit on sales to net sales in terms of percentage (Van Horne, Wachowicz & Bhaduri, 2005). Goss profit is the result of the relationship between prices, sales volume and costs. Gross profit margin of Starbucks Corporation is 23% whereas the ratio for McDonald’s is 35%. McDonald’s ratio is high as compared to Starbucks which is a sign of good management. It implies that the cost of production of the firm is relatively low. The McDonald’s has reasonable gross margin which ensures adequate coverage for operating expenses of the firm and sufficient return to the owners of the business, which is reflected in the net profit margin. Net profit Ratio This measures the relationship between net profits and sales of a firm. The net profit margin is indicative of management’s ability to operate the business with sufficient success not only to recover revenues of the period, the cost of merchandise or services, the expenses of operating the business and the cost of the borrowed funds, but also leave a margin of reasonable compensation to the owners for providing their capital at risk (Van Horne, Wachowicz & Bhaduri, 2005). Net profit ratio of McDonald’s and Starbucks is 15. 67% & and 7. 15% respectively. McDonald’s is generating adequate returns for its owners. On the other hand, Starbucks net profit margin shows inadequate returns to its owners. Overall efficiency and profitability of McDonald’s is higher than Starbucks. Return on Proprietary Funds The ratio expresses the percentage relationship between net profit and proprietors funds or shareholder’s investment (Van Horne, Wachowicz & Bhaduri, 2005). It is used to ascertain the earning power of shareholders investment. Return on proprietors’ funds for McDonald’s is 15. 7% and for Starbucks it is 29. 5%. Starbucks has better performance and higher return than the McDonald’s. Earning Per Share The rate of dividend on shares depends upon the amount of profits darned by the firm. Whatever profit remains, after meeting all expenses and paying preference share dividend, belongs to equity shareholders (Van Horne, Wachowicz & Bhaduri, 2005). These are the profits earned on equity share capital. The earning per share is calculated by dividing the profit available to equity shareholders by the number of shares issued. This is a popular ratio as it measures the profitability of a firm from owner’s standpoint. McDonald’s EPS is higher than Starbucks which shows that the market price of the firm would be greater. It will also help the company to raise additional capital without any difficulty. This ratio plays an important in comparison of two companies from investment point of view. Investment Decision I would like to invest in McDonald’s Corporation as the overall performance and productivity is high for the firm. The liquidity analysis performed through current ratio and quick ratio reveals that the McDonald’s is better in terms of liquidity position. The company also has satisfactory position in terms of long term solvency. Though solvency ratio of Starbucks is higher but overall McDonald’s has good financial position. Firm is able to quickly convert various assets into cash. McDonald’s has high profit margins which is necessary for the higher returns to the shareholders. It shows that the resources are effectively utilized at the firm. EPS is very high which is necessary for the investment. Thus, investment in McDonald’s Corporation is beneficial and it would give higher returns. References About McDonald's†¦ (2008). Retrieved November 19, 2008, from http://www. mcdonalds. com/corp/about. html McDonald's Corp: Financial Statement. (2008). MSN Money. Retrieved November 19, 2008, from http://moneycentral. sn. com/investor/invsub/results/statemnt. aspx? Symbol=US:MCD&lstStatement=Balance&stmtView=Ann Starbucks Corp: Financial Statement. (2008). MSN Money. Retrieved November 19, 2008, from http://moneycentral. msn. com/investor/invsub/results/statemnt. aspx? Symbol=SBUX&lstStatement=Balance&stmtView=Ann The Company. (2008). Retrieved November 19, 2008, from http://www. starbucks. co m/aboutus/overview. asp Van Horne, J. C. Wachowicz, J. M. & Bhaduri, S. N. (2005). Fundamentals of Financial Management (12th Ed. ). (pp. 130-133). United Kingdom: Pearson Education.

Wednesday, October 9, 2019

Consider the claims that Baudelaire makes and the points of argument Assignment

Consider the claims that Baudelaire makes and the points of argument that he makes - Assignment Example Instead, it posits the popular sense of being a mirror of the physical, visible world. However, at the same time to a fine artist, the photograph would depict a sensational piece of artwork depending to the title that it is given. If the title in totally sums up all the elements of the photograph without exaggeration or assumption, then it would much the fine art that Baudelaire talks about. The photograph does not show the element of surprise that would also symbolize a sense of beauty that comes with it. The photograph seems more or less dry, lacks taste and a sense of humor or wonder (85). This is due to lack of beauty that goes hand in hand with wonder and enthusiasm of scrutiny at the image as an image of mental reflection by the artist and the art lovers. As such the photograph is a qualification of the fact that photography cannot be allowed to deputize arts activities as it will altogether corrupt the good work of art. Photographs in many instances serve as a reminder of the many memories that the photographer would prefer to keep. The consideration of photography as an important part of the art does not reflect wholly on what fine art ought to be. Photographs in terms of artwork do not depict the amount of creativity of the photographer as much as painting would (86). This is because in photography, in most cases there is no a predetermined kind of thoughts and imagery that runs in ones mind as is mostly seen in the art of painting. As time goes by the scene of art has been corrupted as more and more elements are being considered as a piece of art so long as it is beautiful to the eye of the public. As a result, "art is losing in self-respect, is prostrating itself before external reality," (88) while the artists have become more inclined to works that are not driven by dream but what is appealing to the physical eye. The creativity of an