Wednesday, July 31, 2019

Burn Burnings Thesis-Support Essay Essay

In William Faukner’s â€Å"Barn Burning†, Sartoris is torn between his loyalty to his family and an inner sense of justice. Between these two factors, Sartoris decides to warn de Spain about the barn due to his grasp on what is right at the age of ten. Sartoris’ sense of justice that compels him to warn de Spain about the barn are portrayed during the trial with Mr. Harris, when they arrive at de Spain’s mansion, and when he breaks free from his mother. At the start of the story, Sartoris is placed in the scenario of lying to the judge about his father burning Mr. Harris’ farm. Sartoris displays great loyalty to his family when the Judge talks to him. When the justice compels Sartoris to tell the truth, Sartoris views the justice as an enemy (Faulkner 801). Despite his loyalty to his father, he truly does not wish to lie about his father’s actions. Faulkner captures Sartoris’ unwillingness to lie through the emotions of grief and despair as Sartoris thinks to himself about lying for his father (801). This inner conflict shows that Sartoris has been exposed to and religiously taught the concepts of absolute family loyalty. However, his unwillingness to lie portray his belief in fairness and justice, which is an impressive level of maturity for his age. His early understanding of right and wrong is one reason why Sartoris decides to warn de Spain. Another event in â€Å"Barn Burning† that displays his sense of justice is when Sartoris and his family first arrive at Major de Spain’s mansion. Sartoris’ initial reaction to de Spain’s mansion is a positive one. Sartoris claims that the mansion is â€Å"big as a courthouse† (Faulkner 804). Sartoris’ reference to a courthouse along with his feeling of peace at the sight of the mansion portrays that he has positive feelings towards the legal system, contrasting his father. He also hopes that his father will feel the peace Sartoris feels and stop burning barns. The hope Sartoris displays shows his genuine feelings that his father’s actions are wrong. This event marks the beginning of Sartoris siding his moral concept of justice in the conflict between family loyalty and justice. When Sartoris breaks free from his mother, Faulkner shows readers that he chooses to turn in his father due to his moral sense of justice. When Sartoris threatens to hit his mother if she doesn’t let him go, he is cementing his moral values over his father’s (Faulkner 811). Throughout the story, Sartoris is shown to have a mature concept of right and wrong, but when he threatens to hit his mother, he is confirming that letting his father burn the barn is worse than hurting his family. Breaking free from his mom symbolizes Sartoris’ making his presence known in the world. He knows that he will breaking family loyalty, but he choose to make his own choice and side with justice. The inner conflict between choosing his family and justice is rough for Sartoris, especially at his age of only ten. However, his strong sense of right and wrong is the final determining factor when he goes to warn de Spain that his father is burning the barn. Bibliography Faulkner, William. â€Å"Barn Burning. † The Norton Anthology American Literature. Ed. Mina Baym. New York, CT: W. W. Norton & Company, 2012. 800-812. Print

Tuesday, July 30, 2019

Business Structures Essay

If someone wants to start a business, that person would have to decide which structure he or she would want to use. To know what kind of structure he or she has to know what kind of business he or she is trying to run and who will run it with him or her. Structures range from sole proprietorships and partnerships to corporations. When companies first start up, they consider sole proprietorships or partnerships, but as they grow into larger companies, they become corporations. When someone first opens a business it may just be him or her, those companies consider sole proprietorships, meaning a business owned by one person. There are several advantages when running a sole proprietorship. First is it is the simplest type of business to start and run and also it is not regulated as much. Also, sole proprietorships pay lower income taxes compared to other business structures. Last, when a company is a sole proprietorship, decision-making rest on the owner’s shoulders but the owner keeps all profits (Films Media Group, 2011). Even though there are some very good advantages owning a sole proprietorship, there are also some disadvantages. The biggest advantage is also the biggest disadvantage, the bills, debts, and major obligations. If the owner does not pay the bills, the company cannot run. Another big disadvantage is the capital the business has. If the owner does not have some other capital invested into the company, the company will not grow. The last disadvantage is running the company when the owner leaves or dies. Because there is no one else with stock, the owner has to let the company go (Parrino, Kidwell, & Bates, 2012). The next business structure is a partnership, which consist of two or more owners that legally run the business together. With a partnership, the owners know what his or her position in the company is and how the profits would be split. There are two different partnerships; a general partnership and a limited partnership. The general partnership has the same advantages as a sole proprietorship, but has one more disadvantage. All owners have unlimited liability regardless of  the percenta ge in the company (Parrino, Kidwell, & Bates, 2012). To avoid the big issue with a general partner, the partner would sign into a limited partnership. In a limited partnership, the company can have general and limited partners. One or more general partner has unlimited liability while limited partners only deal with the obligations he or she provides. To qualify as a limited partner, he or she cannot engage in the managing of the business (Parrino, Kidwell, & Bates, 2012). The last business structure is the biggest and the last to get to. Large companies consider themselves to be corporations. Corporations consider themselves as a â€Å"person,† where the corporation can sue and also be sued, borrow money, and own assets like real estate. An advantage of a corporation is that the stockholders have a limited liability for all of the corporation’s obligations. Because the corporation is a â€Å"person,† the corporation is taxed as a â€Å"person† on the income it earns (Films Media Group, 2011). References Films Media Group (2011). Planning Your Business: Research, goals, and business plans [Video podcast]. Retrieved from https://newclassroom3.phoenix.edu/Classroom/ToolContainer.jsp?context=co&contextId=OSIRIS:40817068&activityId=16e92012-daa3-4692-89b0-622c50a227b6&profileId=4136b5d5-519c-4e35-a63a-f84741e11cd2&syllabusId=OSIRIS:40817068&version= Parrino, R., Kidwell, D. S., & Bates, T. W. (2012). Fundamentals of Corporate Finance (2nd ed.). Danvers, MA: John Wiley & Sons, Inc..

Monday, July 29, 2019

Working capital management and how it affects the liquidity and Dissertation

Working capital management and how it affects the liquidity and profitaility position of the hotel industry in the UK - Dissertation Example Research Questions 8 2.2. Research Objectives 8 3. Literature Review 9 3.1. Working Capital & its importance 9 3.2. Working capital management 13 3.3. Inventory management 16 3.4. Cash management 19 4. Research methodology 26 4.1. Research philosophy 26 4.2. Research approach and technique 28 4.3. Sources & collection of data 29 4.4. Ethics 32 4.5. Credibility & verification 33 4.6. Research limitations 34 4.7. Estimated costs 34 4.8. Time activity 35 5. Findings 36 6. Discussions 41 6.1. Working capital & its importance 41 6.2. Management & control of working capital 42 6.3. Working capital & its effects on liquidity and profitability of a firm 45 6.4. Relevance of & impact of working capital in the UK hotel industry 47 6.5. Analysis & discussion 54 7. Conclusion & Recommendation 58 8. Reflections 63 References 67 1. Introduction With the advent of globalization and major change in economy, various sectors have come into picture and have shown promising development all around. One o f them is definitely the hospitality sector. People flock in from various part of the world for various purposes and here comes the usefulness of the service sector. A country’s reputation also lies in the quality of hospitality which it may provide. The super powers in respect of world economy certainly have a cutting edge than others. UK is a favorite destination to citizens all round the globe. The culmination of people of various societies can be found over there, who are out to make their living. As a result the service industry in UK is on a boom. 4.2 percent of investment is made in the service sector (Economic contribution of UK hospitality industry, 2010). The London Olympics which is to be staged in 2012 will see numerous foot falls as people round the globe will be there to witness the gala event. The government has taken steps to renovate the industry and provide best of service. An addition of 1.2 billion pound will be there to the economy (2012 London Olympics F act). Economy earned by the hotel industry can be contributed to other growing or lesser growing sectors. It is quite evident that the hotel industry, especially those engaged in large scale are surely to be benefited, and can face high profitability. But amidst this, proper financial management of resource and a control on the working capital is also required to raise long term profitability. The profit gained over this period of time can be invested and manipulated well for future days. One of the important aspects in finance deals with Working Capital Management. The term Working capital deals with two broad divisions of the Balance Sheet, i.e. current asset and the current liabilities and the numeric difference between them. The current asset mainly comprises of cash, sundry debtors which are also known as Accounts receivable and bills receivable and inventories whereas the current liabilities deals with short term debt, accounts payable, accrued liabilities and other debts. In lay man’s term working capital is one of the crucial requirements of a firm and is the fund which is required to meet up the day to days expenses. Working capital may vary from one organization to another based on their size and the amount of money that are engaged in current assets. Organizations employed with high fixed assets tend to possess a low working capital. Presence of an efficient working capital is of utmost importance to the firm and its assessment is also needed to be monitored in a correct manner. The overestimation or the under estimation both may lead to mishaps (Mathur, 2007) for the organization. Overestimation may hamper the return on investment by the accumulation of the inventories. Whereas the underestimation may curb the growth, as the organization will not move to venture into new projects due

Sunday, July 28, 2019

Strategic Management and Business Policy Essay Example | Topics and Well Written Essays - 2500 words

Strategic Management and Business Policy - Essay Example A Pro-quest article states that people with education who want to become an entrepreneur, take the risk f owning or controlling a business because they use their knowledge to ensure promising business opportunities (Anonymous, 2005). It is well understood that people who have well-educated skills acquired from tertiary education, become entrepreneurs to turn their dream and vision into action. Knowledge gained by education consists f guidance, and not to tell you what to do in life. Most successors who take this into considerations have broader views and more information on how to succeed in life. Although what education from class may not be true, or mean anything towards their view, it is solely up to the person him/her self to use the techniques that they have learned through education. In 1913, Henry Ford, the founder f 'Ford Motors' used his educated knowledge for mass producing cars, which increased production greatly, as well as decreased the cost per car by two-thirds (Jones, et al, 2000). Henry Ford introduced the 'classical scientific theory' (established by Frederick W. Taylor) towards his manufacturing company. With the use f this theory in which he implemented, he experimented to discover the most efficient way that each worker performed in their one specialized task (Jones, et al, 2000). Although each process was very repetitive, production for cars grew, and costs were cut down which made Henry Ford a huge success person within the car production industry. With such an innovative idea which Henry Ford implemented, through the use f the 'classical scientific management theory', Henry Ford became one f the biggest entrepreneurs in the history f car manufacturing. Another great entrepreneur who used his educated skills greatly is Stewart L. Tubbs. Tubbs is the author f the book "Leadership: Communication, Innovation, and Change". Tim McGraw Quotes "He was the dean f the College f Business at Eastern Michigan University. He received his doctorate in communication and organizational behavior from the University f Kansas. His master's degree in communication and his bachelor's degree in science are from Bowling Green State University. He has completed postdoctoral work in management at Harvard Business School, the University f Michigan, and Michigan State University." (McGraw 2002) Although Tubbs is only an author for the McGraw publisher, is had many success stories f how he becomes the person he is currently. Tubbs has used his widely well-educated skills and been named outstanding teacher 3 times, as well as being an outstanding scholar twice. He has also consulted with over 500 companies have has achieved more than he ever could wish for (McGraw 2002). Along with educational purposes, they are able to extensively use educated skills gained by academic classes/buildings, in order to support their decisions in which they make to become their own entrepreneur. In Tubbs case, Tubbs took his knowledge to pursue his goals in life.

Saturday, July 27, 2019

Death penalty Essay Example | Topics and Well Written Essays - 1250 words

Death penalty - Essay Example According to the research findings it can therefore be said that in a world characterized by all forms of crimes, law and justice are very important aspects in the society. There are different levels of crimes. Some are civil while others are capital. Governments and religious organization dictate the course of justice to the offended and the punishment to the convicted in the society. There are various forms of justice and punishment applied by governments and religious groups. Different crimes require different punishments. Among such punishments is the death penalty. However, in also most all cases the power to prescribe a punishment rests with the courts of law that are arms of the government. Death penalty also known as capital punishment is a governments pre-meditated, and planned lawful infliction of death as a punishment to a legally convicted person. Generally, there is a decreasing tread of death penalty punishments in the recent times. American citizens, political leaders, and religious leaders have been victims of this punishment. Indeed, the numbers are significant. According to Amnesty International, most countries did not use the punishment in 2009. About two-thirds of the countries abolished the death penalty in law or in practice, while 58 countries retained the death penalty in 2009. Consequently, eighteen countries actually carried out executions, killing more than 700 people. However, these figures did not include unreported executions carried out in China. From 1976 to April 2008, execution took place on about 1,099 people in the U.S while those on the death row were 3263. According to Amnesty international, in the year 2008 there were 1718 executions in China were, 346 in Iran, 102 in Saudi Arabia, 37 in United States, 36 in Pakistan, 34 in Iraq, 19 in Vietnam, 17 in Afghanistan, 15 in North Korea and 66 in Japan and other countries. Similarly, by April 1, 2008, 37 states in the U.S were practicing death penalty. To date, the USA, Japan, s ome African states, China, many Asian and Middle Eastern countries retain the death penalty crimes (Amnesty international web). The only conclusion we can make from these statistics is that death penalty is still exists in many countries. Certainly, it is because of its effectiveness in controlling capital offences and rendering justice. The crimes that may lead to a death penalty vary from one country to another and from one religion to another. Same case applies to the methods of carrying out the execution. Some of the crimes that can warrant a death penalty are murder, treason, rape, terrorism, and even adultery in the Muslim religion. Islam law specifically outlines intentional murder, treason, adultery as crimes befitting a death penalty. Generally, in all cases, intentional murder warrants a death penalty. Hanging, stoning, firing squad and beheading are some of the execution methods that Islam recommends. Again, executions take place in public to serve as warnings to would-be criminals. Under the Islam law, enough evidence must be produced against a convict in a due court process for this penalty to be given. Since the early times, there have been debates and opinions in support and against the death penalty. In the United States, there is an equal division in relation to death penalty. Amnesty international condemns the death penalty in all cases regardless of the characteristics of the offender, nature of crime, or the method of execution. According to the Universal Declaration of Human Rights, the penalty is a denial of the right to life. It also quotes that death penalty is a violent practice, and does not accord justice to either the accused or the offended. However, murder is also a violent act, and he who commits it is violent. Thus, it is only fair that he should expect an equally violent punishment like a death penalty. Others argue that it is more expensive to kill a person than to put him in a jail.

BUYER BEHAVIOUR Essay Example | Topics and Well Written Essays - 2500 words

BUYER BEHAVIOUR - Essay Example to as consumer behaviour is an essential component of marketing because it helps in the determination of pricing incentives, mode of advertising and brand differentiation among others. This paper therefore seeks to identify and illustrate the concepts that facilitate understanding of buyer behaviour as well as evaluate the various models or theories of buyer behaviour with close association with the concept of neuroscience. Another area that will be looked at is the area of decision making process in consumption that gives rise to the various types of consumer purchases. To begin, buyer behaviour generally refers the process in which consumers take in order to make decisions on acquiring certain goods or services for their own use. Consumer buying behaviour is therefore a multi-staged process that involves the identification of a specific need and even goes beyond the consumption stage to an evaluation one. It is for this reason that consumers are likely or unlikely to consume one product as opposed to the other in cases where there is indifference between two products. The consumer buying process is a complex one because of the influences it relies on and the characteristics of human diversity that makes us act differently. Some research studies have also indicated that the buying behaviour can also be linked to neuroscience. It is therefore important to understand the process of consumer buying behaviour as shall be discussed in the following section. The consumer buying decision-making process model adopts a five stage interconnected process that illustrates how individuals or consumer groups will always conduct themselves before and after purchase of a product or a service (Riley 1). The first stage is the need identification and problem awareness stage. At this stage, an individual identifies a need within him or her that needs to be satisfied. The utilitarian theory has been associated with this stage of decision making. Since an individual identifies that

Friday, July 26, 2019

Case study of learning disabled student Example | Topics and Well Written Essays - 250 words

Of learning disabled student - Case Study Example Albert has a learning disability which affects hearing processing. Like many students with invisible disabilities, such as learning and mental impairments, he is sensitive to the attitudes and thoughts of fellow classmates and teachers regarding his need for a note taker in class. He is hesitant to publicize this need among his class fellows, fearing perceptions of special treatment, illogical reasons, and negative stereotyping .Although the student disability source hub had provided paperwork and approval for financial compensation for a note taker, nearly two weeks had passed and still no classroom volunteers were known. Involvement from the student disability source hub included contact with the teacher who then made a general declaration in class about the need for a note taker, noting that financial compensation would be provided; if there were no volunteers, the disability resources office staff would employ on campus for a paid note taker enrolled in the class. It was also suggested that the teacher provide teaching outlines and the alternative for the student to tape record the lectures. Additional support was provided to the student through disability management counseling, which reinforced self-advocacy and learning skills.As a result of this, three way coordination established among student, teaching staff and the officials Albert overcomes on the concerns about what others may think and help in attaining academic accommodations. The disability source hub helps him to develop self-advocacy and learning skills. Flourishing reintegration into conventional secondary school required an adherence to the school carry out/behavioral policy rather than â€Å"accomplishment† in behavioral terms and academic accomplishment required to be in line with the range of students in the school. It was also important for there to be clear links between the school for pupils with emotional and behavioral

Thursday, July 25, 2019

The impact of globalization on HRM in multinational organizations Assignment

The impact of globalization on HRM in multinational organizations - Assignment Example It has brought about an integration of the companies all over the world and has facilitated trade by way of reducing transportation costs and doing away with the barriers to trade. Globalisation has also facilitated a free flow of goods and service, knowledge, skills, capital and labour. During a strong economic growth period world exports shot up in various countries thereby contributing heavily to the Gross Domestic Product (GDP). Previously, human resource management (HRM) was typically concerned with the cost cutting activities and the administrative activities, focusing on bringing about efficiency in the system and the minimised the cost. However in the present world the role of HRM has changed and focuses on an organization’s long-term objective. The companies’ business strategies were affected by globalisation in a large manner. The companies had access to a large variety of markets and could market their products in global markets. The emerging markets of the developing countries are of lucrative content to such MNCs who are looking to diversify. Due to the emergence of new markets the external financing sources of the companies also increase. A very important source of financing is Foreign Direct Investment (FDI) that has opened avenues for the MNCs to invest in the developing countries. FDI has a dual benefit to both the country and the company. There is a global market for the products of the MNCs. Moreover due to abundance of labour resources in the developing countries the MNCs often shift their production processes to such countries such that they can carry out production at low costs. Also the political stabilisations across the globe and the favourable relations between the countries have made positive impac ts on the strategic positions of the companies. The socio-political globalisation has given rise to regulatory bodies that govern the different policies that mark the path of trade between various companies. The most

Wednesday, July 24, 2019

Analysis Essay Example | Topics and Well Written Essays - 250 words - 26

Analysis - Essay Example As a result, the author asks why discrepancy prevails between reality and immigrants’ impact on the economy. According to Campo-Flores, Americans argue that immigrants are bad since they create an influx in the workplace. Moreover, the undocumented immigrants strain public services in places such as hospitals, jails, and schools (2010). Though the overall influence of undocumented immigrants is positive, the benefits and costs are disbursed in an uneven manner. For instance, businesses and employers, particularly in agribusinesses benefit the most from immigrants’ low-cost labor, making other sectors to complain about the impact of immigrants in the country. In addition, though consumers acquire goods and services at grocery stores cheaply, most of them fail to understand that immigrants make the greatest contribution. The author makes these points because the negative perceptions towards illegal immigrants are concentrated among the low-skilled natives. They suffer from foreign labor competition, leading to reduced wages, particularly among American high-school dropouts. In this case, the best way to address this issue is not to eliminate immigrants, but to encourage Americans, particularly those who feel threatened by foreigners to boost their and skills in the labor

Tuesday, July 23, 2019

New Product Development Case Study Example | Topics and Well Written Essays - 2500 words

New Product Development - Case Study Example It owns brands like easy Car, easy Money, easy Internet caf, easy Cinema, easy Pizza, easy Cruise, easy Mobile, easy Watch, easy Hotels, and easy Jobs etc. This strategy was called "diversification within diversification". This means that the company's individual business units become recession proofed by moving into as many diversified fields as possible, while enhancing the financial strength of the company. The Company follows the "easy" format of taking away the frills in something to make it cheaper overall. In the last few years the company has started to franchise the businesses to expand, and cut down costs. The easy Group profits by either selling shares in the businesses or by licensing or franchising the brand to reputable partners. easy Clothes has a range of apparels to cater to the taste and pockets of the young generation as well as the busy professionals. The easy Shirt comes in the price range 4, 18 and 75pounds. The high priced range is wrinkle free. The pullover also comes in three price range and the high priced one would cater to the older generation which prefers extremely soft clothes. Jeans also has three versions with the expensive one being more rugged. The low priced version of clothes would cater to the lower income group which is highly price sensitive. The market attractiveness could be analysed using Porter's model and the internal analysis could be done by value chain analysis. The market attractiveness varies with the market size, annual market growth rate, profit margins etc.The use of Porter's Five Forces mainly focuses on the industry structure analysis in the organisations external environment. It reveals the source of competition in an industry and external influence including the threats and opportunities of the industry that organisation has to face to obtain competitive advantage. Porter defines the rivalry of the organisation in relation to the industry where high rivalry leads to low profits. The threats from new entrants are heights of the barriers in place to stop them and define the profitability of the industry. Threats from substitutes is the threat by others to copy the product so the margin for guaranteed profit goes low and customers are more prone to change. The bargaining power of buyers depends on the price of the product and the leverage the customer possesses. Similarly the power of the suppliers is determined by how much the buyer needs the product and how much they are willing to pay. easyClothes is a company dealing with apparels. This industry is very competitive. There are some brands driven by quality and some only by price. Different companies have different target segments.easybusiness has been successful in creating a brand name in the market which caters to the price and brand/quality sensitive customers. Core Competence Matrix: -

Monday, July 22, 2019

Penn Foster College Essay Example for Free

Penn Foster College Essay We are in diverse world, a world of differences and unique situations. For example, it is the mandate of the Law that children should study and that it should be financed by our parents, for most, in their primary and secondary, and for those born with golden spoons on their mouths, up until their college days or Ph. D. We have different priorities and our human values are made up of the inward and outward factors of the societies we were brought up. We also have different needs, from small things like ice cream, electronic gadgets, to houses and cars. According to the Maslow’s Hierarchy of Needs, a person has deficiency needs and growth needs. Before he advances to the next level of need, he should have met the previous need. That’s what is happening to us. The people around us such as our parents, relatives, and friends nurtured us. Once the fourth level of need was accomplished (achievement, recognition, or approval), we now aspire for growth. The common growth that can lead us in higher positions in society, with huge paychecks, and luxurious lives, is the growth in education. We could have not known that this growth is priceless until we have engaged in jobs or in the professional world. However, once a person is in the marketplace, he has been wrapped up with some daily concerns, from her work, and, once he gets at home, from the concerns of his family. And though there’s an opportunity of a higher education, it has been covered up with the loads that we have from the concerns above. Like most of us, I also have dreams for the future and my goals are going to be a lot difficult to reach if I have not planned it critically. I made use of the Step Decision Model as my guide. I am fond of teaching kids, yet I didn’t have enough money to pay for the tuition in a university. That is my problem. In addition, my mom is already old and I only earn through peer and personal tutorials. I have the option to stop realizing that education is an infinite learning. Yet, I insist to make a decision. I weighed down my options. The little money I earn can be used to pay my tuition fee and travel expenses or it can help me buy the needs of my family. Finally, I enrolled in a kind of college that I have recently found out to be enjoyable, educational, and very convenient—distance learning. This is an alternative from the kind of education that we get from the four corners of the classroom. Distance learning offers lots of conveniences for me—it makes me save up my money and makes me much available to aide my mother. However, before, I had difficulty in focusing to my subjects due to conflicting schedules. There were times that I prioritized the tutees that I had because it was their exam week and they needed greater time of assistance. There were also instances that I had family gatherings and reunions that I almost forgot to accomplish a certain project. It’s my decision to study so I should be responsible and make the best out of it. If I really want to earn a degree, I should be serious about it even to the littlest things. Conflicting schedules should not interfere with my studies. I now make sure that every time I study, I have a conditioned mind. Also, at first, I thought that I can’t have a quality education unlike those students in the usual college setting, but I was proven wrong. In distance learning the professors consistently interact with their students. And as a learner, I enjoy the benefits of having my mentor’s attention even if he or she is very distant. With that, I have developed the confidence to communicate with people even of higher ranks and they have properly guided me. As part of the human dimension, a balanced life needs a clear or if not a detailed set of priorities. Learning is fun but we should understand that distance learning is not different from any other learning. We should be serious with it. We should be eager to learn and to focus. Proper time management and the passion to pursue our dreams make will make us enjoy our studies while performing other responsibilities to our loved ones and to our works. References: Penn Foster College. Penn Foster Collger Student Testimonials http://www. pennfoster. edu/student_testimonials. html Huitt, W. (2004). Maslows hierarchy of needs. Educational Psychology Interactive. Valdosta, GA: Valdosta State University. Retrieved [date] from, http://chiron. valdosta. edu/whuitt/col/regsys/maslow. html

Summary of Mortal Engines Essay Example for Free

Summary of Mortal Engines Essay The book begins by introducing the very lovable main charcter who the story is told by, Tom natsworthy, he is a 13 year old boy who works in the historians guild aboard london a large city that has been put on masssive wheels and now roams about what is called the hunting grounds in search of prey. He is what is called a tractionist these are poeple that after a catacylsmic war that completed decimated the planets population and created massive tracks ofunhabitable landscapes, devolped the technology to make thier cities mobile in order to maneuver the terrain. Their is still an ongoing war between the two factions, the tractionists who believe in Darwism and survival of the fittest and the anti-tracionists who believe in cites being stationary. The story follows the dramatic events that take a scholarly boy out of his sheltered setting at a museum and thrusts him into a world of anti-tracionists, air pirates, and reserected humans turned into mechanical monsters. Tom is in strong contrast to the characters around him, including another main character hester, an anti tracionist whos father abonded her and mother who was killed in front of her when she was just five and since then has become a untrusting and cut throat killer, these two unlikely companions are forced to work together to survive when they are both stranded in barren wastelands.These contrasting characters examplify themes that thread through this book, those of mechanical and organic, the ancient and modern, good and evil. despite their releationship with eachother Tom and Hester were raised to have completly diffrent philisophical views of the world but are able to eventually grow to accept one anothers idoelogies through the experinces and hardships they go through together. It was a dark, blustery afernoon in spring, and the city of London was chasing a small mining town across the dried-otu bed of the old North Sea. in happier times, London would have never bothered with such feeble prey. The great Traction City had once spent its days huntign far bigger towns than this This quote illustrates the dog eat dog world this book is set in and is an example of a reoccuring theme that is thread throughout the book, the contrast between mechanical and organic. The poeple in the book are graced with advanced technology that we could only dream of, yet they use it in such a primal way. They somehow have reverted to primative ways and use their collussul creations to hunt one another even to the exstent that they refer to cities as if they were living creatures. The tone is both dark and medevil withe the anger of conflict and war permiating this science fiction scenario. An attraction and strength of this book is the invetive settings and originality of the cultures and characters that inhabit the story. It is a vivid and invetive steam punk book that melds science fitcion and the future with so many elements that are familair from the past with deep thought provking ideas. The description of the landscapes interoir and exteroir the detailed inventions and the gripping plot hold the readers attention and leave you anticipating were the story will go next.

Sunday, July 21, 2019

Responsibilities And Strategies Of HSBC

Responsibilities And Strategies Of HSBC This report mainly focuses on an organizations stakeholders, market conditions and how firms adapt to different business circumstances. An organization needs to identify mission statement, values and key objectives and how these things influence of stakeholders. Environment of business is important to organization. The company should understand their responsibilities and strategies. They should identify the competitive strategies implemented to gain competitive advantage over competitors. An organization should identify the, what respects are perfect competition and what respect are unlike perfect competition. Introduction History HSBC, in 1882, appointed Delmege Reid and Co. the predecessor of the present Delmege Forsyth and Co. Ltd. as its agency in Colombo. In 1884 the islands economy suffered a severe setback when coffee plantations throughout the country were almost totally destroyed by disease. As a result of this and the folding up of the once great Orient Bank, HSBC saw an opening for a corporate bank like itself. In the early 1920s the bank purchased and began construction on land adjoining the Bank of Madras. HSBC moved into its new home at 24, Sir Baron Jayatilaka Mawatha (which it occupies even today), an impressive landmark in Colombos architectural and business landscape. Through the good times and the bad that followed, HSBC supported Sri Lankan businesses. The Chetty Crisis which began in 1927 was so termed because many Chattier business people were forced to default their loans. While the impression was that foreign banks discriminated against Sri Lankans and did not advance monies freely to local businesses, 50 per cent of HSBCs lending during this time was to Indians and Sri Lankans. With the stationing of the British Air Force in parts of Sri Lanka during the Second World War, HSBC became a hub of activity. During this time and until 1956, the Government of Ceylon kept a very substantial revenue account with HSBC. Today, HSBC has become one of the most profitable banks in the country. Technological Innovations As an innovative bank, HSBC has led the Sri Lankan banking industry into the electronic age with the installation of the nations first online automated teller machine (ATM). HSBC was also the first bank to computerize its operations and to establish an Internet Payment Portal. Furthermore, the introduction of phone banking, personal internet banking and the Groups global electronic banking platforms, such as Hexagon and HSBC net, has greatly enhanced the service they deliver to their customers. Listed below are many firsts from HSBC; Installation of Automated Teller Machines (ATMs) in Sri Lanka in 1986 Computerized banking operations in Sri Lanka Electronic DC Advising, a quick and easy way for customers to receive their export Documentary Credit and amendments via e-mail or fax. Introduction of electronic banking via Hexagon in 1994 Introduction of self-service banking through Day and Night Automated Banking Centers in 2004 Launch of state-of-the-art banking, internet based electronic banking platform; HSBC net in 2005 Introduction of Security Tokens for added online protection in 2005 Easy Pay machines to facilitate cash and cheque deposits in 2006 Introduction of toll free telephone banking in 2007 1.1 Mission Statement We live the brand values to passionately deliver world-class customer experiences through a dynamic, motivated and professional team, which demonstrates mutual respect whilst providing innovative solutions and continuously outperforming the market to the most sought-after financial service provider admired by all. 1.1.1Values and key objectives To exceed customer expectations in service quality. To be a pioneer in the implementation of technologies those create distinction for its customers, employees and shareholders. To keep its reliability at the utmost level with the contribution of its strong capital structure and liquid assets. To make a positive contribution to the community. To respect meritocracy during hiring processes, improving knowledge and skills of its employees, creating the mostly preferred work environment. Through its core business principles, HSBC functions to accomplish it objectives. HSBC.com lists these as outstanding customer service; effective and efficient operations; strong capital and liquidity; prudent lending policy; and strict expense discipline. HSBC also stresses that commitment by employees helps to create long-term customer relationships, a keystone of the banks profitability model. HSBC.com states this is accomplished through attention to integrity, ethics and managerial oversight. The HSBC Group is committed to five Core Business Principles: †¢ Outstanding customer service †¢ Effective and efficient operations †¢ Strong capital and liquidity †¢ Conservative lending policy †¢ Strict expense discipline HSBCs commitment to its values has allowed the company to accomplish many of its goals for expansion and profitability, as well as commitment to local investment and excellent customer service. HSBC is designed to be both global and local. Bankers Almanac ranked HSBC as the 14th largest bank in the world, in terms of assets, in 2009. In addition, HSBC is carrying its objectives forward into the Information Age: Global Finance Magazine rated HSBC as one of the worlds best Internet banks for 2009 (Anonymous, 2010) 1.1.2 Products 1.2.0 Stakeholders Analysis Stakeholder analysis is needed for the company to identify its most important stakeholder and understand about group around the organization. It will also tell the company which group has the greatest impact to the company. HSBC Sri Lanka has stakeholders such as Customers, shareholders and employees. All stakeholders are very important to the HSBC. Stakeholders of the organization and their Objectives Stakeholder Objectives Managers/Directors To retain control. To direct major decision making. Employees Good working environment. Motivation and satisfaction. To secure their jobs. Customers To receive good customer service. To obtain good value for money from the goods and services. Shareholders To receive dividends. To share the profitability of the business. To share the share price. Suppliers To continue to sell profitably to the business. To be paid fully for goods supplied. Competitors To compete by all lawful means. To differentiate products from other businesses. Government/Legal Institutions To receive tax revenue from profitable firms. To assist the business in accordance with the local and national policy. 1.2.1 Extent to which HSBC achieves the objectives of its stakeholders. HSBC is a fair trading company and is very concerned about the interests of the stakeholders. The objectives and the targets of the company are set in order to satisfy the stakeholders. HSBC listens to the opinions and expectations of the stakeholders including government, shareholders, and customers into business decision making processes. For example, in 2001, based on concerns around marketing to children and existing science on the age when children identify and understand advertising motives, they prevented from advertising to children under eight years of age where they are the majority of the audience. Cadbury plc has given higher concern to the following stakeholders. Strategies or Ways Implemented to achieve Responsibilities and Stakeholder Objectives An organization is responsible to its stakeholders and is responsible to achieve their objectives. Organizational responsibilities and stakeholder objectives is a combined relationship. Achieving the objectives will make the company successful in fulfilling their responsibilities. Responsibilities of Organizations Employees Customers Shareholders Equality To be safe Right to choose Safety To keep informed Right to access information Employees HSBC recruit the best people not considering of age, gender, disability or ethnicity. They aim to attract employees who will be committed to a long-term career with the Group, offering a competitive reward package and career development opportunities within a strong organization with values. HSBC encourages employees to take part in local volunteering programs. HSBC key community investment initiatives incorporate opportunities for employees to get involved by giving their time and sharing their expertise. HSBC annual Global People Survey acts as a measurement for employee engagement and satisfaction. With a 91% response rate in 2009, their employees take the survey seriously. In 2009, 77% of employees said they felt confident that HSBC is moving in the right direction and 83% said that they were proud to work for HSBC. Shareholders Shareholders are the people who invested money in the company. HSBC is a public limited company and can issue shares in the stock exchange. HSBC engage with their shareholders on an ongoing basis, holding regular meetings with fund managers. In 2009 HSBC ran a program of over 900 meetings with institutional investors, including those with a special interest in the Sustainable and Responsible Investment (SRI) sector. Customer HSBC aims to offer customers around the world a consistently high quality service and experience using the benefits of their scale, geograp0hic reach and strong brand. HSBC aim is always to treat their customers fairly and with respect and they manage their deposits responsibly. Their lending criteria are strict, taking into consideration their customers views they carry out market surveys and communicate directly with their customers on a regular basis. When customers have difficulties making loan or mortgage repayments, they try to do their best to help them. Sometimes this means restructuring or refinancing their debts, and offering counseling on an individual basis. When access to credit became restricted for commercial customers in 2008. HSBC created a new US$ 5billion global working capital fund for small and medium-sized businesses. This was over and above what HSBC would normally expect to lend. 1.4 Competitive strategies implemented to gain competitive advantage over competitors. Technology First to introduce ATM in Sri Lanka Self service paying machine Internet Banking Telephone Banking Customer Convenience Innovation Global research teams/new systems- cost effective Strong global presence Best practices shared and implemented in other areas Products Global presence Products unique- global features/accepted world wide 1.5 Role of the Competition Commission and regulatory bodies. Competition Commission The Competition Commission is a public body which rule on competition issues referred to it by the secretary of state and the Director General. The Competition Commission replaces the MMC, which was dissolved by the Competition Act 1998 and whose functions were transferred to the CC. The Director General may require the CC to investigate and report on whether the actions of a telecommunications operator licensed under the T Act operate, or may be expected to operate, against the public interest and, if so, whether this could be remedied or prevented by modifications of the conditions of its license. The CC would also be responsible for considering any competition concerns arising from mergers and acquisitions of or by winners of WT Act Licenses, if the Secretary of state, acting on the advice of the Director General of Fair Trading refers that merger or acquisition to the CC for investigation. Regulatory Bodies The Department of Trade and Industry (DTI) The Department of Trade Industry is the Government Department responsible for the development of telecommunication policy and the promotion of the telecommunications industry. The Communication and Information Industries directorate of the Department of Trade and Industry deals with national and international policy and regulatory issues, including those affecting the mobile telecommunications market. The department of trade and Industry is responsible for licensing operators to run telecommunication system under the T Act. The Rediocommications Agency (RA) The Rediocommunications Agency is an Executive Agency of the Department of Trade and Industry with responsibility for management of the radio spectrum throughout the UK. The main functions of the Radio communications Agency are formulating policy on the planning and management of the radio spectrum within the UK, co-ordination of UK views and participation in international negotiations on the use of radio, authorizing use of radio by licensing or exemption, formulating technical and operating standards for radio, enforference. The RA is responsible for issuing licenses to use the radio spectrum under the wireless Telegraphy Acts and for monitoring compliance with those licenses and taking enforcement action where necessary. The Office of Telecommunications(OFTEL) The Office of Telecommunications was established by the T Act to support the Director General of Telecommunications in the performance of his duties. The Director General and the Secretary of state have a joint duty to exercise their respective functions under the T Act to secure the provision of telecommunication services throughout the UK and, subject to this, to promote the interests of telecommunications users in respect of the prices charged for, the quality and variety of telecommunication services provided and telecommunication apparatus supplied and to maintain and promote effective competition in the telecommunications market. The Director General has a duty to give the Secretary of state advice and information with respect to licensing of telecommunication systems, at the request of the Secretary of State or where the Director General considers it expedient. OFTEL performs the function of the UKs regulatory authority in telecommunications, monitors compliance with licenses issued under the T Act and takes enforcement action where necessary. The Director General has extensive powers under the T Act, particularly when enforcing or modifying license conditions. If a condition is breached, he can require the license holder to comply by making an order. This is enforceable by third parties or the Director General through civil action. He can also make determinations for example to set out the terms for interconnection between networks where the two operators cannot agree between themselves. The Director General can also require operators or other parties to supply the information needed in order to come to a decision. Task 2 (P3) 2.0 Competition The effort of two or more parties acting independently to secure the business of a third party by offering the most favorable terms. There are two main methods in which firms compete. Price Competition. Non-price Competition. 2.1 Competitive Advantage and Competitive Strategies A competitive advantage is an advantage above competitors gained by offering consumers larger price, each by income of lower prices or by providing larger benefits and service that justifies higher prices. There are two types of competitive advantages found by Michael porter. Cost Advantage Competitive Advantage Similar Product Lower cost Differentiation Advantage Higher Price For unique Product 2.2 Strategies to Gain Competitive Advantage Gaining a competitive advantage can provide a business with a distinct advantage over its competitors. There are two basic approaches to gaining a competitive advantage. These are cost leadership and differentiation. These are the strategies that I feel, should be implemented to gain the competitive advantage. Porters five forces Resources based view Generic Strategy Porters Five Forces The model of porters five forces is used to analyze the value of an industry structure. It identifies five primary competitive forces and enables organizations to adapt the business to take advantage of the opportunities and overcome threats and gain a competitive advantage. (12-manage, 2010) These five forces should be analyzed by the company and develop its market on the forces which are weak. For example if the producer is a low cost producer it will choose powerful buyers and sell them only products that are not vulnerable from substitutes. Also a company is able to achieve a competitive advantage by altering theses forces. For example HSBC can put barriers to new entrants by using unique and capital intensive resources that competitors cannot easily copy and also use resources such as patents and trademarks. Competitive Rivalry Threats of New entry Buyer power Threats of Subsitiution Supplier power Competitive Rivelry Strenght of Competition. Similar size competitors. Financial capability of competition. Growth of the Industry. Treat of new entry Economic of scale. Government Policy. Capital Requirement. Treat of Substitution Number of similar products. Substitut availability of the market. Buyer Power Financial strenght og buyer. Number of competitors. Purchasing volume. Supplier Power Number of suppliers. Number of substitute. By using this model the company can see the position of it self in the market. This analysis can be used to adopt a suitable strategy to gain the competitive advantage. Resource-Based View This strategy emphasizes that in order to gain a competitive advantage; a firm should possess two main features. That is firms should have superior resources and capabilities exceeding its competitors. If not the competitors can easily copy what the firm was doing and the company would lose all the benefits. (QuickMBA, 2007) Generic Strategies Michael porter has found three generic strategies into which business operations can be categorized. They are cost leadership, differentiation and focus. Porter emphasizes that high profits or competitive advantage is a result of two features. He states that firm strengths will fall into one of the two headings which are differentiation and cost advantage and the extent these strengths are applied will result in the generic strategies. (QuickMBA, 2007) Generic Strategy Framework Advantage Cost leadership Differentiation Strategy Strategy Broad Narrow Target Low cost Differentiation (Quick MBA, 2007) Cost Leadership Strategy This generic strategy calls for being the low cost producer in an industry for a given level of quality. By producing the products cheaply than the competitors at a given level of quality the firm can sustain a competitive advantage on cost. This would be very advantageous as when an industry matures and prices decline, firms that can produce cheaply will remain profitable for a longer period. (QuickMBA, 2007) Each generic strategy has its risks, including low cost strategy. Differentiation Strategy This strategy calls for the development of goods that offers unique attributes that are valued by customers and that customers perceive to be better than or different from products of the competition. This strategy is producing products which contain unique features and attributes that consumer prefer to have and which are better and can be distinguished from the competitors products. The value added by uniqueness of the product may allow the firm to charge a finest price for it. (QuickMBA, 2007) Focus Strategy This strategy is concentrates on a narrow market or a segment. The firm can target the cost leadership and differentiation strategy on a particular market segment, this will create a focus cost strategy or a focus differentiation strategy. (QuickMBA, 2007) The advantage of a focus strategy is that the firm is able to meet the needs of customers effectively than if a broad market and for that reason customer loyalty increases. 3.0 Market Structures Market structure is the organizational and other characteristics of a market. We focus on those characteristics which affect the nature of competition and pricing but it is important not to place too much emphasis simply on the market share of the existing firms in an industry. Market structures allow us to analyze how much competition there is among firms making a particular product in an industry. There are four main types of market structures with different characteristics in each of them. Perfect Competition Monopoly Monopolistic Oligopoly Perfect competition Perfect competition is a market structure in which an individual firm cannot affect the price of the product it produces. Each firm in the industry is very small relative to the market as a whole, all the firms sell a homogeneous product and firms are free to enter and exit the industry. Competition policy has the objectives of increasing competition in the economy, or of encouraging firms that are not competitive to behave as if they were, in its role as consumer advocate, the competition authority is often responsible for implementing policy directed at outlawing unethical behavior by business. Perfect competitive market has seven distinguishing characteristics. Large number of buyers and sellers A homogeneous product Perfect knowledge Perfect mobility Freedom of entry and exit Absence of non-price competition The firm is a price taker Example of a perfect competitive market In the Maharagama Market there are many characteristics of a perfectly competitive market. All type of vegetables, fruits and other small goods are sold in this market. There are many customers coming to this market to buy goods for cheaper price. In the Maharagama market, many stalls that have the same prices for many vegetables and fruits of the same quality. It is not because they have fixed the prices together before trading. In this type of market consumers will compare the prices of different stalls and purchase from the cheaper stalls for a given quality. In perfect competitive market has no barrier to enter to the market. Monopoly Competition Monopoly is a single seller supplying the entire output of an industry. The demand curve that it faces is the entire industry demand curve for the good or services it sells. The monopolist sells unique products, and extremely high barriers to entry protect it from competition. A natural monopoly arises because of the existences of economies of scale in which the LRAC curve falls indefinitely as production increases. Without government restrictions, economies of scale allow a single firm to produce at a lower cost than any firm producing a smaller output. Smaller firms leave the industry, new firms fear competing with the monopolist, and the result is that a monopoly emerges naturally. Major elements One seller One product Price-maker Barriers to entry Minimal advertising expenditure Example of Monopoly Competition In Sri Lanka monopoly (sole) producer is government. The electricity and water is provided from the government. There are high barriers to entry in to the market. Barriers such as, Limited resources. Cost of production. Patent Therefore any others cannot enter this market. The government sets the price and there are no other producers to manipulate this. They have full control over the market, they are price makers. Monopolistic Competition A market structure in which several or many sellers each produce similar, but slightly differentiated products. Each producer can set its price and quantity without affecting the marketplace as a whole. Monopolistic competition has characteristics of both competition and monopoly. Similar to competition, it has many firms, and free exit and entry. Example of Monopolistic Competition Consider the Soap industry as an example. There are few large producers of soap in Sri Lanka such as Sunlight, Rani, Zinal, Lifebuoy, and Lux etc. There is competition as in perfect competition but products are not the same. These companies have monopoly in the production of its particular product for the reason that no other firm can produce soap carrying the same name. Oligopoly An oligopoly is a market condition in which the production of identical or similar products is concentrated in a few large firms. Oligopolies have characteristics similar to a monopoly. Example of Oligopoly Consider the cell phones industry as an example. The Cell Phones industry is dominated by a few large firms such as Apple, Nokia, LG, Samsung, and Motorola etc. In the Gas production of Sri Lanka there are only two large known producers that is the Shell Gas Company and the Laugfs Gas Company. These two companies have the highest share of the market and there is a low level of competition. Less Market Control More Many Number of competitors One Perfect Competition Monopolistic Oligopoly Monopoly Market Continuum This is Market Continuum. This diagram shows how the structure of the market changes according to the level of the market control and the number of competitors. 4.0 Market forces Forces of demand and supply representing the aggregate influence of self-interested buyers and sellers on price and quantity of the goods and services offered in a market. In general, excess-demand causes prices and quantity of supply to rise, and excess supply causes them to fall. Supply Increase Price increase Demand Increase Demand falls Price falls Supply falls Demand and Supply Demand is the amount of a particular economic good or service that a consumer or group of consumers will want to purchase at a given price. The demand curve is usually downward sloping, since consumers will want to buy more as price decreases. Demand for a good or service is determined by many different factors other than price, such as the price of substitute goods and complementary goods. In extreme cases, demand may be completely unrelated to price, or nearly infinite at a given price. Along with supply, demand is one of the two key determinants of the market price. Supply is the availability of a product or a service in a market. The law of supply states when prices increase the firms would want to supply more. This is because they want to increase their revenues. Movement along the Curve Changes in price will result in a movement along the curve with the fact that other factors remain unchanged due to the changes in quantity demanded or supply. A fall in the price will result in an extension of demand, quantity demanded will increase. Contraction of Demand is where an increase in price causes demand to fall. For an example an increase in the price of Donuts, while other factors remain unchanged will cause an increase in the quantity supplied. Sellers will move from one point to another point in the same curve. When price increased from P1 to P2, quantity supplied will Price Supply P(2) B P(1) A QS(1) QS(2) Quantity Shift of the Curve The curve shifts to the right or left as a result of changes in any other non-price determinants due to a change in supply or price. The demand curve shifts to the right as a result of an increase in demand while price remains unchanged. The curve shifts to the left as a result of a decrease in demand with price remaining unchanged. For an example demand for cool drinks might fall in the winter season therefore demand decreases due to a non price determinant which causes a shift in the demand curve to left from D to D1 while the price remains unchanged. D D1 P QD QD1 Non- Price Determinants for Demand Changes in consumer incomes. Changes in tastes for consumer goods. Changes in expectations of future prices. Changes in price of Substitutes. Non- Price Determinants for Supply Changes in production technology. Changes in cost of resources. Changes in number of sellers in the market. Changes in expectation of future prices. 4.1 Influences on Firms of Market Forces Demand and Supply influences to a great extent on price. When demand increases suppliers will supply more and as a result the suppliers will increase the prices in order to obtain higher revenue, however when price keeps increasing demand will start falling. Market forces helps firms to determine the market price where the quantity demanded equals to the quantity supplied. This is known as the equilibrium price. Supply and Demand model The point where the supply curve and demand curve meets is the equilibrium price. If the suppliers sell below the equilibrium price then buyers will demand above the supply which creates a shortage in supply. The opposite could also happen where the suppliers sell at a price higher than the equilibrium price which will lead to a surplus of goods. For an example demand and supply of Rice in Sri Lanka. Rice producers created a shortage in the supply of rice with the purpose of increasing the prices. This was an illegal practice this shortage in supply of rice, lead to an increase in demand to a great extent as this was also an essential product. It affected consumers a lot and the consumers were prepared to buy rice at any level of price. This shows that demand and supply can have both negative and positive influences on firms. Changes in quantity demanded a

Saturday, July 20, 2019

Solar System Essay -- essays research papers

The Solar System By â€Å"Delete this text and type your name here.† Introduction As far as we know, there are nine planets locked in orbit around the Sun. Only one, our own Earth, supports life. But there are countless other suns throughout countless galaxies scattered across the expanse of the universe. We still don’t know if life exists on another planet in some other galaxy. Mercury Named for the wing-footed messenger of the Roman gods, Mercury races around its orbit at a dizzying speed of 30 miles (48 kilometers) per second, making the Mercurial year only 88 Earth days long. In contrast, one rotation around its axis—or a single day—takes almost 59 Earth days. Geology Mariner 10 gave us a wealth of information about Mercury when it approached the planet in 1974 and 1975. Because Mercury has no water and barely any atmosphere, no erosion has taken place on its surface. We see Mercury much the way it was soon after it formed. Core We learned that Mercury has an extremely weak magnetic field, which could indicate a hot metallic core, such as molten iron. Geologists think Mercury may be the most iron-rich planet in the solar system. Crust Mercury’s crust seems to be silicate, like that of Earth. Craters The planet’s surface, viewed for the first time via Mariner’s cameras, is covered by craters. The battering occurred during the early period of the solar system when clumps of material were ramming into each other to form the planets. Atmosphere Mercury doesn’t have what we think of as an atmosphere—that is, a gaseous envelope that produces clouds and weather or protects the surface of the planet from some of the harmful solar radiation. The weak magnetic field on Mercury captures only the barest perceptible trace of charged particles from the Sun. Venus Shrouded in the cloak of mystery, Venus, our nearest planetary neighbor, takes the name of the Roman goddess of love. For some unknown reason, Venus rotates on its axis in retrograde—that is, in the reverse direction of its revolution around the Sun. Geology Geologically, Venus appears to have some similarities to Earth. Its crust is probably granitic, overlying a basaltic mantle and a iron-nickel core. The geologic activity that we are familiar with on Earth seems not to exist on Venus, except for the presence two volcanoes along a fault line. ... ...p;  17 Uranus  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  19.18  Ã‚  Ã‚  Ã‚  Ã‚  84 years  Ã‚  Ã‚  Ã‚  Ã‚  16 hours  Ã‚  Ã‚  Ã‚  Ã‚  14.54  Ã‚  Ã‚  Ã‚  Ã‚  4.10  Ã‚  Ã‚  Ã‚  Ã‚  15 Neptune  Ã‚  Ã‚  Ã‚  Ã‚  god of the deep blue sea  Ã‚  Ã‚  Ã‚  Ã‚  30.06  Ã‚  Ã‚  Ã‚  Ã‚  165 years  Ã‚  Ã‚  Ã‚  Ã‚  18 hours  Ã‚  Ã‚  Ã‚  Ã‚  17.23  Ã‚  Ã‚  Ã‚  Ã‚  3.88  Ã‚  Ã‚  Ã‚  Ã‚  8 Pluto  Ã‚  Ã‚  Ã‚  Ã‚  god of the underworld  Ã‚  Ã‚  Ã‚  Ã‚  39.44  Ã‚  Ã‚  Ã‚  Ã‚  248 years  Ã‚  Ã‚  Ã‚  Ã‚  6.4 days  Ã‚  Ã‚  Ã‚  Ã‚  .002?  Ã‚  Ã‚  Ã‚  Ã‚  0.12-0.30  Ã‚  Ã‚  Ã‚  Ã‚  1 * AU = Astronomical Unit (Earth = 1) Conclusion We know more and more all the time about our own solar system. During the past 15 years, space probes such as the Mariner and Voyager missions have given us tremendous detail about all the planets in this system. Tiny by comparison to the Milky Way, our solar system is awesome, nevertheless, when considered in human scale.

Friday, July 19, 2019

You are Beautiful :: Middle East Culture Feminism Essays

Standing up for oneself is always a challenge, no matter who you are. In some Arab societies certain traditions and customs seem built to keep women on a lower level than men. The truth, as demonstrated by many books written by Arab women, is that every society has outdated customs, or rules, and those rules are what tend to keep oppressed people in check. If it’s not a gender issue then it is a race issue. If it’s not a race issue then it becomes political or intellectual. Sadly, there have always been rules that oppress one group or another, but time are changing and with them people change. The women in two Arab novels, written by Arab women, express their personal experiences in Arab society. Though the novels are fiction they are based on the real life experiences of the authors and can be taken as facts of what events transpired during the lives of the authors. The changes demonstrated by the main characters in Fatima Mernissi’s Dreams of Trespass and Ahdaf Soueif’s In the Eye of the Sun exhibit the Arab woman’s ability to become an independent and psychologically powerful member of society. Mernissi’s Fatima grows up in a harem which would seem to imply a lack of independence, however the women surrounding her act as liberal educators, teaching her never to settle for less than she deserves. Soueif’s Asya on the other hand develops into a woman while being raised in an upper class household, with liberal ideas on only certain subjects. The two women evolve, throughout the course of each novel, into stronger and more independent entities, both physically and psychologically. Fatima Mernissi preserves the feeling of an autobiography by keeping the main character named after herself. For the sake of clarity when referring to the author I will use only her last name. Mernissi’s novel begins with Fatima as a child. Throughout the novel she grows to the age of nine, but that is where the story ends. The first few years of Fatima’s life seem to have been the most crucial in determining what kind of person she was destined to become. Fatima’s experiences in her childhood are dramatic and influence her enough that her life changes drastically. Early in the novel Mernissi states, â€Å"when you hurt a woman you are violating Allah’s sacred frontier† (3). This statement helps to set the tone for the novel.

schizophrenia :: essays research papers

  Ã‚  Ã‚  Ã‚  Ã‚  Hypocrites once said â€Å"only from the brain spring our pleasures, our feeling of happiness, and of tearsy†. Pleasure and pain come from the brain; however with schizophrenia some people experience not pleasure and pain, but paranoia, dementia, and can become cationic. Schizophrenia is a serious problem. This report will go over what it is, how to get help, and how it is/was treated.   Ã‚  Ã‚  Ã‚  Ã‚  Throughout history all society’s have had cases of schizophrenia. Some kings, rulers, and emperors, such as King Saul, Nebucanezzer, Henry the IV and King George the III, all had a form of schizophrenia. schizophrenia technically did not exist until 100 years ago. Until then most people thought it was demons in the body. The Ancient Egyptians thought people with mental illness had physical illness. With the Greeks they did not know what to think, so the killed or castrated the â€Å"infected† person. But with madness people have accomplished many things such as prophets and poets. â€Å" How come all men distinguished in philosophy, statesmanship, poetry, or art are melancholics and some of them to such an extent that they are affected from the illness†. History has almost always classified as one type, but actually there are four types.   Ã‚  Ã‚  Ã‚  Ã‚  the four types of schizophrenia are: dementia praecox, hebephrenic. first is catatonia, a movement disorder. the movements may be as little as a twitch some cases are more severe than others. â€Å"people with schizophrenia are often very strange and shocking† next it paranoia, as many people know paranoia is the fear of being followed with schizophrenia this fear is constant day and night. Most paranoid schizophrenic loose sleep and act out violently.   Ã‚  Ã‚  Ã‚  Ã‚  Another type is hebephenia, hebephenia induces childlike acts, like whining, crying and constant giggling. With all types of schizophrenia there are many mental asylum, so the schizophrenics do not cause harm to others.   Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Mental institutes started as caves away from towns, villages, and were used until religion started. After that the started thinking it was evil causing the madness. Holy wells were used in Rome, Greece, and small islands. In ancient Egypt and Mesopotamia, they built temples to house the â€Å"mad†. The cost of the temples were to high they used homes as asylums. As David H. Clark said â€Å"Madness has been known to every society that has left records†. In 1839 In England first organized act was past to localize asylums. In mental asylums, new knowledge has been found.

Thursday, July 18, 2019

A Case Of Operation Management At Lotus Cars Commerce Essay

Operation direction is a portion of mundane life that includes the most general undertakings of modus operandi to proper sphere specific undertakings. In instance of companies confronting certain critical bottle cervixs in the smooth and efficient working of an organisation it is better to hold some proper tools to turn to the same. The paper tries to analyze how a company can travel approximately bettering its Operation Management.About the Company-Lotus CarsThe company under survey is Lotus Cars which is a British maker of athleticss and rushing autos. The company is based out of Norflock, England. The company is into doing autos of light weight features. The company has been recently seen negative growing and slack in its net incomes.IntroductionScheme is define as the concentration of a company into its nucleus competences ( by agencies of its hereafter program of action ) in order to derive competitory advantage.Strategy TypesThere are four stairss of scheme that are present in context of a house and its environment. The grade to which each will impact a company ‘s fight will change depending ( netmba, 2010 ) Industrial degree scheme These are the schemes at the degree of the industry like certain authorities related regulations and ordinances. Corporate degree scheme In this instance the scheme happens at the market degree whereby companies look at the overall market conditions and competitory intelligence. Business degree scheme Many organisations are mark with diverseness ( many concerns ) . These Business degree schemes is concern with designation of the markets by which each of the many concerns compete with each other and the size of competition involved. Functional degree scheme aˆ? A company competes in several markets and therefore each map needs to develop a scheme appropriate to each of these markets. Functional schemes concern puting in and developing the necessary capablenesss to convey this about. ( thinkingmanagers, 2010 )Functional Level Strategies within the Context of a FirmA company competes in a figure of market and therefore each undertaking needs to develop a scheme suited to all of these markets. Functional schemes concern invest in and lifting the indispensable capablenesss to transport this about. Functional scheme should be aimed at looking towards deriving a concern stableness section wise or concern units wise. ( 1000ventures.com, 2010 ) As it turns out the corporate scheme is the result of the functional scheme. Thus the former ca n't be achieved without the later as it is the functional scheme that binds the assorted constituents of the corporate scheme.Components of the schemes of a houseDefinition of Operations directionOperation s Management is one of the concern maps that oversee the procedure of planning, forming, co-ordaniting and commanding the procedure that are used in the production of the goods and services. It is one of the direction maps of the organisation and involves the direction of the people procedure, engineering and equipment and many other resources of the organisation. It is one of the nucleus maps of every organisation. ( managementhelp.org, 2010 ) The major function of the operations direction is to change over the inputs of the organisation into the goods and services as per the demands of the client. ( ocw.kfupm.edu.sa, 2010 ) These inputs may be in the signifier of resources ( work force ) , works installation, the procedure ( such as the equipment and machinery ) or in the signifier of stuff ( such as the information and the engineering knowhow ) . The consequences of these inputs are in the signifier of goods and services. The below figure explains the major function that the operations direction dramas. ( gyte.edu.tr, 2010 ) Performance Information feedback Customer feedback Examples of assorted operations direction maps are the motion of the passangers with their baggage from one finish to another and in infirmaries with its resources in the signifier of physicians, nurses, wardboys, operation theatre, etc for transforming a ill individual into a healtier individual. Thus is the the function of the operations direction to pull off and command all the resources of an organisation. Operations direction involves all the procedure from the design to the construct stage in the life rhythm of a merchandise or services. Thus it helps in the designing of the merchandise, make up one's minding on the resource that are required to carry through that design, the routing of the natural stuff, the agenda production of the occupation, decising on the procedure that is to be applied to do the merchandise, make up one's minding on the machinery, the tols and the fixture that are to be required, make up one's minding the layout of the works thereby takin a determination on the installation where the merchandise has to be made, direction of the stock list of all the degrees of the goods produced ( natural stuff ; , work in pogress and the finished goods ) , determination on the reviews and the certification of the good made. Thus in a manner the function of operations direction is to supervise and do certain that all the procedure of the company are adhered to while executing a undertaking. It is the client feedback and the public presentation information that are used as an input by the operation direction section to continually set its inputs thereby thrying to alter the end product as per the demands. Therefore the whole of this transmutation procedure in the operations direction is a really dynamic procedure. It is besides the function of the operation direction to add value to the good and services during the transmutation procedure. Value add-on is the procedure of increasing the overall value of the merchandise ( at the end product phase ) d uring the transmutation procedure. ( from the natural stuff to the merchandise ) Thus the greater the value that hjas been adde more if the productiveness of the organisation. Besides operations direction besides looks at bettering the efficiency of an administration. Efficiency for an administration is to carry through all the procedure good and at the most executable cost. ( scribd.com, 2010 )Model for reflecting Operations scheme issues in corporate determinationsCorporate AimsSelling SchemeHow to merchandises measure up and win orders in the market topographic pointOperation StrategyProcedure ChoiceOperationSchemeInfrastructureGrowthSurvivalNet incomeReturn on invested capitalOther fiscal stepsMerchandise markets and sections Scope Mix Volumes Standardization Vs customization Degree of Invention Leader Vs follower options Monetary value Quality conformity Delivery Speed Dependability Demand additions Color scope Merchandise scope Design Brand image Technical support After-sales support Choice of alternate procedures Tradeoffs embodied in the procedure pick Role of stock list in the procedure constellation Make or purchase Capacity Size timing location Function support Manufacturing planning and control systems Quality confidence and control Manufacturing systems technology Clerical processs Compensation understandings Work structuring Organizational constructionThe procedure for Operations ManagementThe stairss to associate operations to marketing with corporate scheme development are first by specifying the corporate aims. Then the links are required between aims of concern and corporate scheme. Link provides the base for set up clear, strategic manner for a industry and demonstrates all the strategic consciousness and strategic motive necessary to concern accomplishment. Link defines the limitations and symbols the parametric quantity next to which the assorted inputs could be calculated and dependability established. ( mitsloan.mit.edu, 2010 ) The 2nd measure is to find selling schemes to run into these aims and associating them closely to the in agreement corporate aims. The stairss are Market readying and pull off units should to be recognized. Analysis of merchandise markets place mark markets and O.K.ing aims for each The 3rd measure is to reexamine how dissimilar goods run into the standards in their single markets and win orders against rivals.Order Winners and QualifiersDetermining the Order Winners and Qualifiers for a peculiar market Qualifiers are those standard that a company must run into for a clients to even see it as a possible provider. Be every bit good as rivals. Order Winners are those standards that win the order.Basic Characteristics of the Order Winners and QualifiersGeneral statements about markets embody imprecise significances. A requirement for sound corporate scheme development ( that is, understanding by all on what markets the company is and should be in and the features of those markets ) is losing. Again Order victors and qualifiers are both market and clip specific. Usually Companies must separate the degree of importance for single standards for each market. Order victors and qualifiers and their comparative weightings will alter over clip. In the bulk cases, differences exist between the standards needed to maintain gettable clients and those wanted to add to market portion or derive possible clients. ( Stevenson, 2008 ) The following measure is to set up the appropriate procedure of Operations Management to fabricate these merchandises ( procedure pick )Quality as a strategic toolThe strategic significance of excellence excellence has emerge in conditions of strategic importance because of two incorporate factors: – The figures and capableness of new entrants into markets. Lee and Schniederjans ( 1994 ) province: The lone necessary chiropteran for fiscal laterality today and in the twenty-first century is merchandise or service excellence. Very good or category quality provides an company with the lone insurance that it can contend fruitfully whether it is American, European, or Nipponese. 2. The greater sum of pick that clients have Rivalry is fierce in today ‘s concern universe and merchandise quality is going progressively recognized as the first premier concern in many purchase decision. There are legion good publicized instances in which intense competition has been the alteration agent obliging companies to follow more advanced quality systems and entire quality direction to better merchandise quality.Tools of Operations Management that could be used at Lotus CarsThe assorted tools that are effectual in instance of Operations direction areWorld Class JITThe purpose is to extinguish waste such as record so that no has to pay anything for them and give a fast, consistent and stretchable answer to clients ‘ demands at least cost and with minimal dependance on stock list. Now the accent is on working together with providers so that together they can happen ways of enabling providers to fulfill your demands for frequent little batch bringings without the demand for extra stock list.Cardinal Elementss of JITExposing cardinal jobs and so seting them right one time for all, so that they do n't maintain repeating ( in contrast of merely in instance ) Endeavoring for simpleness, because simple procedures are less likely to do jobs and are easier to set right when they do travel incorrect. Reducing fabrication throughput times, efficaciously by utilizing cell fabrication and put up decrease techniques. Bettering supplier public presentation to halt stuff jobs interfering with your ability to fulfill your clients ‘ demand. Bettering quality, because short lead times and lower stocks mean that you no longer have the protection against things traveling incorrect that you have been used to in the yesteryear. Bettering labour flexibleness through cross-training, so that you can exchange people between undertakings to get by with the mundane ups and downs in clients ‘ demands ( Jay H. Heizer, 2001 )Cell ManufacturingIt is the procedure of grouping of fabrication installations into a production cell, in order to bring forth a household of parts which require a similar sequence of procedures. In this manner companies can cut the distance parts have to go during the fabrication procedure to an absolute lower limit.Attacking WasteThe assorted wastes that the company should be looking frontward to cut down are Waste from over production Waste of waiting clip Transportation waste Processing waste Inventory waste Waste of gesture Waste from production defectsReducing Lead TimessReducing lead clip every bit much as 50 % can be really easy. The key is to understand what is go oning, what takes the clip and what causes things to travel incorrect.Entire Quality Management ( TQM )TQM is based on the construct that all the stakeholders of an organisation should work together to accomplish continual betterment in the organisation ‘s civilization, service, procedure and merchandises The overall aim of TQM is client satisfaction through quality merchandises and services. This in bend will take to more demand for merchandises thereby diminishing monetary value and increase hostel growing both for the company and its employees Six basic constructs in TQM Engagement of the direction as the whole construct of TQM is based on continual betterment procedure which requires everybody ‘s engagement Customer centric focal point by listening to them and supplying them with the merchandises and services as per their demands. Engagement of the employment of the company by authorising them with determination doing procedure and delegating them with more duty Increase the quality of the merchandise and services by continual betterment of the procedure A strategic provider partnership based on common apprehension and regard Estimate the public presentation in order to analyse the consequencesBusiness Procedure ReengineeringIt is the agencies of re-engineering the assorted procedure that are being followed in the company thereby increasing the efficiency of the procedure, cut downing the cost and bettering the quality of its end product ( goods and services ) The whole construct of concern rhenium technology is based on inquiring some of the basic questions- ‘ Why are certain procedure in some peculiar manner? ‘ Operations direction is the key to follow the procedure of concern re-engineering in an organisation.Supply concatenation ManagementSupply concatenation direction is the procedure pull offing the flow of the information and the stuff to and from the provider of the natural stuff to the concluding client of the merchandise. The chief aim of the supply concatenation is to do the overall procedure in the organisation more efficient and full cogent evidenceProblems with Operations Managem ent in Lotus CarsThe major jobs with Operations direction are two creases Operationss Executives feel they must: Exercise accomplishment and experience in efficaciously get bying with the exacting and changing demands placed on operations direction Reconcile the trade -offs inherent in these demands as best they can Rarely do they see as an built-in portion of their function the demand to lend suitably to corporate determinations that will impact the demands on operations direction and its ability to supply the necessary market support. How Companies see Operations Management ‘s Contribution Companies besides usually reenforce operations executives ‘ accent on the short term operational facets of operations direction. Companies develop directors within operations direction. ( C. Donald J. Waters, 1999 ) At present Lotus Cars follows the procedure of production which is more based on the Numberss of the autos to be produced ( based on the demand ) . Its providers are required to provide the natural stuff based strictly on the production predictor. But the procedure is able to present merely a certain portion of the cargo of the units on clip.Recommendations for Lotus CarsThe few recommendations that the direction of a company can look into when finding their Operationss direction scheme arePlaningOperationss direction should be treated as a portion of an basic hierarchal concern planning construction which assures a tantrum between developed end and events and those of bigger companies.ProactivenessThe aptitude of a company to anticipate new procedures and engineerings and to set into pattern long term plan to obtain capableness in progress of demandsPattern of actionsThe experiential downpour of determinations or events of a company over a age of clip in 9 classs: capacity, installa tions, procedure engineering, perpendicular integrating, production planning and control, quality systems, organisation, work force, and new merchandise development.Portfolio of operations direction capablenesssThe portfolio of developed capablenesss reflects spirited strengths obsessed by the developed intent and their comparative significance. Generic fabrication capablenesss include: quality, cost, flexibleness, innovativeness and bringing public presentation.Plan of bettermentThe set of structured, time-phased, and evaluated actions which are implemented to better the fabrication capableness of the house. Examples include entire quality direction, group engineering, just-in-time, etc. Program typically involve wide worker engagementPerformance measuringThe systemic agencies by which operation direction is evaluate. Good quality public presentation dimension strategies are allied with strategic company ends so that public presentation which furthers those ends is methodically unbreakable. The recommendation for betterments in Operations Management as per the assorted procedure involved in Lotus Cars are The company can travel in for alternate fabricating units thereby run intoing the existent demand. This will once more assist in the addition in the efficiency and the effectivity of the single units of production. The company can besides look frontward to maintain a safety stock which should once more be about 20 % -50 % of the demand thereby cut downing its chance loss. But this might take to an increased stock list keeping cost. To get the better of this company can travel for the economic order measure based on the lead clip. Again the lower stock list degrees of the plastic polymers ( which have a batch of provider ) can counterbalance for the high cost of the other natural stuff involved in the production of the autos.Supply ChainIn instance of Lotus Cars the supply concatenation plays an of import function in doing its procedure more robust and efficient. Thus it requires proper informations and information flow across the assorted constituents of the value concatenation. This may assist Lotus Cars achieve a streamlined supply web. The major constituents of the supply concatenation in instance of Lotus Cars are its production section ( providers ) , the marketing/sales section ( internal ) and the distributers ( stop merchandises ) . The key to effectual supply concatenation is to organize a strong linkage between these constituents of the value concatenation. In today ‘s universe it should be remembered that it is non the companies that are viing any longer by the supply concatenation that is viing. Thus a good supply web would enable Lotus Cars to cut down the lead clip, cut down cost, and increase the bringing clip and quality of the merchandises. Lotus Cars can make off with its other activities and dressed ore merely on its nucleus competence which is production of Quality autos. The other activities such as distribution and logistics should be outsourced to companies that are specialist in the field. ( Krajewski, 2005 ) . The other option in the instance of the Lotus Cars is to accomplish forward integrating of its supply concatenation by coaction or unifying with its distributer.Tables showcase the suggested country of betterment for Lotus CarsQualityHow a company should see the procedure for effectual operations directionSituation at Lotus CarsQuality ManagementQuality is free It costs money to do quality Quality is controlled Quality is built inSQCQuality at the beginning is emphasized. Inspection at big Scoring, describing and measuring Credence sampling Statistical survey of fluctuations to understand causes Procedure controlTQCWorkers are on the topographic point problem taw Quality personal are responsible for quality jobsTQMPlaning oriented Control orientedStrategic quality directionFocused on broader systems, proactive to chances, large discoveries and little stairss Focused new merchandise development, reactive to jobs, large discoveries merely.Visually commandControl chart, poka-yoka Merely chartsPlant and equipmentHow a company should see the procedure for effectual operations directionSituation at Lotus CarsGroup TechnologyHighly used Loath to utilizeAutomationValued as it facilitates consistent quality Valued as it drives labour out of the merchandiseHouse Keeping5 ‘s ( Seiri, Seiton, Seiso, Seketsu and Shitsuke ) are used. Relatively untidy and disorganised work topographic point.DisplaiesLight shows to foreground problem topographic point. Not usedTPMPrevention outlook Preventive care Regular. M/c dislocation and tool failure must be eliminated. Corrective outlook Breakdown care Merely after failure. M/c break down is non serious because of stock listProduction SystemHow a company should see the procedure for effectual operations directionSituation at Lotus CarsManufacturing systemMake to order Kanban ( pull system ) Made to stock MRP ( push system )StandardizationCustomized end product Standardized end productSet upsLow set up clip High set up clipLayoutFlexible RigidMaterial Handling systemsFlow: usage of gravitation Less importantInventory SystemHow a company should see the procedure for effectual operations direction` Situation at Lotus CarsWaste decreaseInventory is an evil. It hides jobs that should be allowed to come up. Every attempt must be extended to minimise stock list. Inventory is an plus. It makes production turn overing along. It protects against prognosis mistake, machine interruption down, and late bringings.QueuesOnce in gesture, ever in gesture. Production should be merely in clip, No waiting lines of WIPs WIP are needed to be certain that machine use stays high.Lot SizesKeep cut downing the batch size. The smallest measure is desired for both manufactured and purchased parts. Keep revising the optimal batch size based on some expressionsBuyingHow a company should see the procedure for effectual operations direction Situation at Lotus CarsSmall batch buyinglittle LargeSupplier -buyer propinquityFrequent bringings Few bringingsSupplier choiceLong term Short termFew committed providersSingle beginning Multiple beginningComplimentary concernWork together to maximise the economic systems of carbon monoxide operation Reduce provider power, widen supply base, cut down purchaser power, widen client baseSupplier as interior decoratorLoose specifications, accent on public presentation Rigid specifications. Inventions are non encouragedMerchandise and PriceHow a company should see the procedure for effectual operations directionSituation at Lotus CarsMerchandise designInventions Imitations R & A ; D lacking: merchandise design depends upon what is available instead what the client demands Customer oriented merchandisePricing SchemeBelieve in long term additions, low borders ; sell high volumes at lower monetary value to do high net income. Strive for short term additions, sell at high monetary value to do high net income

Wednesday, July 17, 2019

Financial Terms and Definitions Essay

1. financeFinance is the study of how people and dutyes respect enthronization fundss and raise capital to fund them.2. cost-effective merchandiseplaceEfficient mart is the fantasy that all trading opportunities are middling priced.3. Primary marketPrimary market is a part of the financial market where new security issues are initially bought and sold.4. Secondary marketSecondary market is the financial market where previously issued securities such(prenominal) as stocks and bonds are bought and sold.5. attemptRisk is the potential that a chosen implement or activity (including the choice of inaction) dissolving agent lead to a loss (an unwanted outcome).6. SecuritySecurity is a on the table instrument that represents a financial usurp that has determine. Securities are broadly classified as debt securities (bonds) and equity securities (shares of common stock).7. declineStock is an instrument that signifies an ownership position in a corporation.8. BondBond is a lon g-term (10-year or more) promissory observation issued by a borrower,promising to right the owner of the security a preset amount of interest each year.9. chief cityCapital is the amount of cash and some other assets owned by a line of descent. These business assets include accounts receivable, equipment, and land/buildings of the business. Capital give the axe also represent the accumulated wealthiness of a business, represented by its assets slight liabilities.10. DebtDebt is money that has been borrowed and must be repaid. This includes such things as bank loans and bonds.11. exitYield is the income furnish on an coronation. This refers to the interest or dividends received from a security and is unremarkably expressed annually as a plowshare based on the enthronements cost, its current marketvalue or its face value.12. Rate of returnThe gain or loss on an enthronement oer a specify period, expressed as a percentage increase over the initial investment cost. Gains on investments are considered to be some(prenominal) income received from the security plus agnize capital gains.13. Return on investmentA performance measure employ to evaluate the efficiency of an investment or to compare the efficiency of a go of different investments. To calculate ROI, the benefit (return) of an investment is divided by the cost of the investment the result is expressed as a percentage or a ratio.14. change flowCash flow is a revenue or expense blow that changes a cash account over a given period. Cash inflows normally arise from one of three activities financing, trading operations or investing although this also occurs as a result of donations or gifts in the case of personal finance. Cash outflows result from expenses or investments. This holds true for both business and personal finance