Bond ratings Essay Example | Topics and Well Written Essays - 1000 words

Bond ratings - Essay Example Representatives of the rating agencies have consistently stated that no precise formula is used to set a firm's rating; all the factors listed, plus others, are taken into account, but not in a mathematically precise manner. Statistical studies have borne out this contention, for researchers who have tried to predict bond ratings on the basis of quantitative data had had only limited success, indicating that the agencies use subjective judgment when establishing a firm's rating. When the bond ratings get adjusted downwards, because most bonds are purchased by institutional investors rather than individuals, and many institutions are restricted to investment-grade securities, many potential purchasers will not be allowed to buy them. As a result of their higher risk and more restricted market, when the bond ratings get adjusted downwards, the bonds have higher required rates of return as risk premium (Weston, Besley, and Brigham 707-708). 3. Whenever the gong rate of interest is equal to the coupon rate, a bond will sell at its par. Interest rates do change over time, but the coupon rate remains fixed after the bond has been issued. Whenever the going rate of interest is greater than the coupon rate, a bond's price will fall below its par value. ... 4. The yield to maturity is the average rate of return earned on a bond if it is held to maturity (Weston, Besley, and Brigham 291). To calculate the yield to maturity, the following equation could be solved (Weston, Besley, and Brigham 291). = C (PVIFAk, n) + M (PVIFk,n) Where V = Bond value C = coupon payments k = yield to maturity M = par value of the bond n = number of years before the bond matures K could be solved by using a financial calculator or by substituting values for PVIFA and PVIF until a pair that works is found so that the present value of the interest payments combined with the present value of the repayment of the face value at maturity equals the current price of the bond (Weston, Besley, and Brigham 291). Alternatively, an estimate of the yield to maturity could be calculated with the following equation (Weston, Besley, and Brigham 291). 5. The nominal yield to maturity is the contracted, or quoted, interest rate which is used to compute the interest paid per period. The effective yield to maturity is the annual rate of interest actually being earned, as opposed to the quoted rate, considering the compounding of interest. The investor should use the effective yields to maturity when deciding between corporate bonds and other securities of similar risk. This is because throughout the world economy, different compounding periods are used for different types of investments. For example, bank accounts generally compute interest on a daily basis; most bonds pay interest semiannually; and stocks generally pay dividends quarterly. If the investor is to properly compare securities with different compounding

Factors Influencing Process Design Essay Example | Topics and Well Written Essays - 2500 words

Factors Influencing Process Design - Essay Example The choice of materials is one factor that affects the process design of products. In the process of choosing the right material for products, there are a number of factors that are considered in relation to material choice (Cresswell, 2002). Quantity of products to be manufactured, market costs and product use are the factors associated with material choice. The material to be used should consider what environment and the product will be used. For example, when manufacturing cups for taking tea, the material used should be able to withstand hot or cold temperatures and washing. The quantity of products to be manufacturedrelates to the amount required to be sold to the target market. For example, a large amount of cups can be manufactured if many orders are required by the client. Moreover, marketing cost refers to the final product costs. The end costs of products should not exceed the cost that product will be sold in the market so long as it can perform the function it was manufac tured for and reflects the quality (Kalakul et al, 2014).Product purpose fitness and durabilityare other factors that influence product design. This means that the product should do the function it was designed for. For example, a cup is manufactured for the purposes of taking liquids such as tea. Other factors such as weight and size should be considered when designing products.The weight and size should be reasonable in order to perform its intended purpose. Therefore, when considering product fitness, designers should establish all the important elements of the product

Death of a Salesman Analysis | American Dream

Death of a Salesman Analysis | American Dream The American dream is a term that was first coined by James Adams in his book The Epic of America written in 1931. The American dream is a dream of a land where life is better and richer for everyone else. Where there is opportunity for each according to here ability and achievements. It its a dream of a social order where man and woman shall be able to the maximum stature that they are inherently capable of, to which they will be identified by others for what they are irrespective of the accidental circumstances brought about by birth or social position. The dream is a national ethos of America where the ideals of democracy are used as a premise for prosperity and the idea of the dream is rooted in the second sentence of the declaration of independence which states all men are created equal and they are endowed by the creator with certain alienable rights including life, liberty and the pursuit of happiness. This are deemed to be the foundation of the American dream. The dream today has become the pursuit of material prosperity that has seen many people working two jobs to achieve this dream. But have less time to enjoy their prosperity. In America today the dream is represented by the a ability to buy motor cars and a home(s)- seen as status symbol that separates the middle class from the poor to which the dream is far from their grasp. Traditionally Americans have sought to achieve the dream through hard work and saving. But in the 19th and 20th centuries of industrialization has seen the philosophy being eroded by the schemes of get rich quick through a variety of seductive and elusive strategies. The major avenues to achieving the American ream today include large prized television shows, big jack pot lotteries and compensation lawsuit. Yet to some Americans they see the dream as living a simple fulfilling life that has less focus on financial gain and materialism. (b) Death of a Salesman This is a 1949 play that was written in Arthur miller. It records the life of Willy Loman the main character who is a traveling sales man and has worked at his dead end job for thirty years without success. It characterizes tragedy as the down fall of a great man- miller Loman (low man). The play won the Tony award and the Pulitzer Prize for drama the play has been seen as an attack on the American dream and it seems to criticize the notion that greatness comes from fame or personal charm. It also signifies the importance of one knowing himself as a prerequisite to success. This essay will analyze the meaning of the American dream; for each of the main characters in The Death of a Salesman. AMERICAN DREAM IN THE DEATH OF A SALESMAN. Willy Loman, Biff Loman and Happy Loman He is 60 years old and he has not achieved nor fulfilled the dreams that he had for himself or his family. They live in a small apartment in New York and his wife has seen his work go unrewarded over the years. The sales firm that he is working for does not pay him salaries any longer but pays him commission. Working on these straight commissions has rendered him not able to bring home enough money to pay the bills. For thirty for years in the firm they have used him and discarded him. This has lead to Mr. Willy taking his frustration on his family. This has seen Lucia experiencing the torment that her husband is going through. She has to silently deal with her husbands outburst and she shares with her husbands longings for success but she can not bring herself to tell him that those dreams are not possible to achieve at his age. Instead, she continuous to fan his delusions of success and greatness. The story of will loman shows what happens when the American dream fails to materiali ze and subsequently dies. The denial by Willy loman leads to suffering of himself and his family internally and externally. Willy Loman saga indicates what happens to an individual when the American dream dies. The denial on the part of the dreamer usually leads to internal and external suffering. Willy thinks about the missed opportunities that he has had in his life. Like his brother he could have gone to Africa or Alaska and come back home with riches at one time he had been offered a chance to be a partner in his brothers firm but he refused and chose the life that he has. This signifies the modern way that the American looks at the dream through savings and hard work to which Willy thought he could be successful in it. Although he ha s a vehicle and a house, Willy shifts the blame on his failure to succeed on others and himself and denies his role as to why he hasnt achieved his dream. His lack of fulfillment is as a result of his two sons Happy and Biff who are in there mid 30 s but neither seems to have put there life in order. The death of the American dream in him is seen by the way the sons are living. Happy a perennial ignored child has immersed himself in the company of women. He has a steady job but keeps promising his parents that he is going to settle down and get married bit the contrary is true. He is not going far in business and his goal seems to be that of sleeping with as many women as possible. On the other hand, Biff was a star football player in high school and won scholarships to two major universities. He failed in maths in his senior year and was not allowed to graduate. An attempt to correct the fail in summer was curtailed by his fathers in fidelity that changed his fathers view and the view of the world. He became disillusioned and traverses the country jumping from one job to the other toiling on the farms and trenches and was even jailed once for stealing a suit. He is more likeable than Happy (to mean the literal happy) but when ever he returns home for a visit, he and his father end up in a quarrel. The father wants him to make it big but bill seems incapable of taking up a white collar job. He engages in a monologue where he tells himself that he has always made a point of not wasting his life but every time he comes back home he inertly knows that he has wasted himself. (pg 23). He sees himself as failure headed the same road as his father. To him the American dream is to live a simple, quiet and fulfilling life that has less focus on financial gain and materialism not the working in a 9-5 office job that emphasizes money, car and a house. His coming home has resulted into problems being experienced. At the end of the play we see Biff finally seeing the truth and the realization that he is not a dime a dozen nor a great leader of men something that infuriates the father. His fathers death confirms to him the illusions that his father was living in, but he is no longer struggling to understand what he wan ts in life. Both brothers are in there mid thirties. The life of Willy Loman is full of past regrets and undying hopes. As he is growing older, he has trouble distinguishing between the reality and illusion. He is often lost in flashback where the story is mostly told. A clear sign that he is suffering from the Alzheimer syndrome, to which his family was late in detecting. The flash back is generally during the summer after Biffs senior year in school when all of the family problems started. He has had affairs with women where he is caught with Bill during one of his sales trips. Because he is mental sick and physically wasted, he is continuously trying to kill himself but in public he portrays himself as a prominent sales man and brags about the cities that he has visited. On page 62 we see him shouting Call out the name Willy Loman and see what happens! Big shot! yet he denies the fact that all those years he has not progressed and that everyone looks at him as a joke. When his fa mily piece up the attempted suicide they realize that its part of the failure on him to realizing his dreams-the American dream. Willy Loman is a common man (low man), and he is used by the author to show that tragedy can also befell the common person. The author has used the book to criticize the corporate world of America that is notorious for using people and discarding them when they have become useless. Willy Loman successful neighbor has continuously offered him a job which he has continuously refused and despite the fact that he has several options to choose from which can give him a new lease of life he decides to choose suicide. Willy can not let go off his old scoured dreams. At the end of the play we see is loyal wife sitting by his grave yard/side where she ca not comprehend why he took his life. Buit Willy took his life so that he can provide his family with money from the insurance corporation ($20000) which they can use to start a new life. This represents one of the ways that the American society uses to get rich quick and hence achieve the American dream- through massive pay out of the insurance compensation lawsuits. Linda and Charlie. Linda is Willys wife while Charlie is Willys neighbor who has a successful sales firm. The two are the voice of reason in the play as Linda is the arbiter of peace in the family as she is the mediator between the sons and the father. The conflict between them is their failure according to their father to find a good job, settle down (own a house and a car), and have a family. she is the protector of Willy whom she understands as tired and at the end of his rope-life which is ringing up a zero to her she views freedom as an escape from debt and the total ownership of the material and wealth that symbolizes success and stability what in today in America is used to judge ones attainment of the Americans dream. Willys obsession on the American dream has weighed heavily on her living her internally conflicted, she has managed to keep her emotional stability intact. She foresees the tragic end of her husband with clarity. Charlie has on several occasions tried to set Willy on the path to s uccess. His successful firm indicates that he has achieved the American dream. His assessment of Willys situation is logical and rational. He recognizes Willys financial failures and offers him a job although he doesnt like him much. Bernard and Uncle Ben. Bernard is Charlies good son who was a child hood friend of Biff. He was hardworking always studied and eventually became a successful lawyer. This is another clear example of the American dream being attained through hard work and maximization of an opportunity basing on ones capability those results to a better life. Will finds this success difficult to deal with. We see Bernard arguing a case at the end of the play. Uncle Ben is Willys dead brother who went to Africa and made it big in the diamonds mines of Africa. He was rich and successful that showed him to have attained the American dream. CONCLUSION The death of a sales man is an attack on the idea of the American dream, showing that it is not always successful i.e. it has a darker side. It also shows that common people also suffer from downfalls which are just as steep as those of people with high status. When people live in denial and do not realize there role in the failure of their dreams to materialize, it in most cases becomes detrimental to themselves. Death of the sales man is an antithesis of the happy endings to the fulfillment of the American dream.

Effects Of Intolerance In Society Essay -- essays research papers

In society, many people tend to reject those who are different. In the novel To Kill a Mockingbird, Harper Lee presents a number of situations that reveal the effects of intolerance on other people’s lives. The characters in the novel who were treated with a lack of intolerance were Boo Radley, Atticus Finch and Tom Robinson. By observing the effects of intolerance on people’s lives, the children gain sympathy, respect and understanding for its victims. The children gain sympathy for Boo Radley when they observe how others reject him. Ever since his teenage years, Boo had been a prisoner in his own home because his father kept him locked up as a form of punishment. As a result of his isolationism, Boo gained the reputation of Maycomb’s mysterious man. Town folk have created rumours about Boo for a source of gossip. Miss Stephanie, known as the â€Å"neighbourhood scold†, told the children that â€Å"Boo drove the scissors into his parent’s leg, pulled them out, wiped them on his pants, and resumed his activities† (Lee 11). Jem Finch was another culprit who succeeded in spreading rumours about Boo Radley. The young and mischievous Jem told Dill that â€Å"[Boo] dined on raw squirrels and any cats he could catch† (13). It appeared that the townspeople were blinded by their own stupidity by harassing the helpless Boo Radley. Boo was never given a chance to prove his humanity to the town. Although they assisted in tormenting Boo at first, the children ended up feeling sympathetic toward him. ...

A&E Television Networks Essay

According to Annie Leibovitz, the picture that was chosen for the cover of the magazine was not intentionally or deliberately taken. The picture, according to Leibovitz, was only a â€Å"meter reading. † (Leibovitz) However, in the end, it was still chosen to be cover shot for the magazine because of the image’s candor and unpretentious nature. We all know that John Lennon was a member of The Beatles, one of the greatest music icons of all time. Being a member of rock band during that time meant adapting a public image or reputation that resound the â€Å"rock and roll† kind of life, behavior, and attitude, especially because Lennon was extremely famous during that time. However, Leibovitz’ photograph of Lennon was far from the established image of a famous musician who just happened to be part of The Beatles. The image was plain and unpretentious in the sense that there were no heavily implied messages or impressions. Although people would not know who Lennon was really as a person, the picture seemed to portray who he was – unbounded by fame and stardom. Leibovitz was successfully able to capture a certain air of Lennon’s honest, intense but tacit strength and influence. Leibovitz’ ability to bring a certain kind of powerful, individual, distinctive, and honest personality, as reflected in Lennon’s image, have solidified who she was, as well as her vision and creativity, as an artist and a photographer. The Rise to Fame After two years of working for the â€Å"Rolling Stone,† Leibovitz became the magazine’s chief photographer. From the simple and realistic image that she took of John Lennon, she was able to go beyond what she knew of photography and evolve portrait photography into something distinctive and creative. (A&E Television Networks, p. 1) Leibovitz had the liberty to develop and improve her talents, but at the same time deliver photographs that bordered on inventiveness and creativity. She began taking glamorous and elaborate images as opposed to the simple and lackluster image of Lennon. John Lennon and Yoko Ono Rolling Stone (22 Jan 1981) By Annie Leibovitz The images taken by Leibovitz from then on were bold and modern. The picture that she took of Lennon and his wife, Yoko Ono, for the cover of â€Å"Rolling Stone† in January 2981, represented Leibovitz exploration of the contemporary styles and approaches to portrait photography. Another key feature of Leibovitz’ works was that the focus is always on different kinds of relationships, personality, and emotions. In this particular image of Lennon and Ono, Leibovitz wanted to bring out the strong ties that bind the two people together as partners. Lennon and Ono also portrayed different roles within the kind of relationship illustrated in the image through body language. Leibovitz saw the sensitivity and vulnerability of Lennon as he clang to Ono, and Ono’s strength in withstanding the cold. (Leibovitz, 2) The honest and unpretentious element represented in the picture was the strong and immovable love or passion between Lennon and Ono. As Leibovitz’ career advances, her works also become provocative on a grander, larger scale. Some say that Leibovitz’ photographs were merely image framing the glamour and glitz of a cross between Hollywood and Rock-and-Roll lifestyle as most portraits taken by Leibovitz were extremely forceful and ambitious. (Stevens, p. 99) As Leibovitz received criticisms and recognition for her works, the attention on the photographs taken by her escalated, and so did her artistic visions and inspirations. If one would take the most controversial photographs taken by Leibovitz throughout the years of her career, one common theme that brings those images together under a singular theme would be subtle yet artistic nudity. The existence of nudity in Leibovitz’ pictures has been one of the primary reasons why her works have received much attention from various groups and individuals, but also the reason why her visions and inspirations remain to be that of the translation of honesty and regularity through art. C Bette Midler Whoopi Goldberg (1979) (1984) New York Magazine, 1983 The Wall Street Journal, 2008 Coming to Terms with the True Essence of Portrait Photography However, despite the artistry and radical messages that Leibovitz shot through her photographs, her talents were quickly categorized and judged under provocative images, which were sold and captured attention simply because of nudity. Leibovitz suddenly realized that there was something amiss from her works and she felt that she lost the ability to capture relationships, real emotions, strong messages, and such in her photographs. She believed that portrait photography should also emphasize the relationship of the subject to the camera and the photographer in order to produce images that are real and engaging, and not plain and empty. For this reason, Leibovitz stopped working for a month in order to figure out how she can improve her craft. (New York Magazine) Narelle Brennan Narelle Brennan As a Showgirl in Las Vegas As a Mother with her Two Children (1999) (1999) â€Å"Women,† 1999 â€Å"Women,† 1999 Taking time off work has helped Leibovitz get back on her heels. Although she continued to take high-profile glamour photographs of famous celebrities for â€Å"Rolling Stone† and even â€Å"Vanity Fair,† she also focused on the non-commercial aspect of photography. In one book that Leibovitz and Susan Sontag were able to publish in 1999, she presented the depth of her artistry by taking photographs of real women from different walks of life. In this particular collection, Leibovitz was able to recapture her trademark and style in taking photographs – building a relationship between the subject/subjects and the camera and the photographer, building a relationship among the subjects, portraying real and strong emotions, integrating images of power, strength, and influence, reality and simplicity, and personality. From the images taken of Narelle Brennan, Leibovitz was able to capture who Brennan was as a person, unbounded by her being simply a showgirl, but also as a mother of two children. The pictures were honest in such a way that it portrayed how the personalities of women change depending on the various roles that they play. Leibovitz successfully depicted freedom, nonconformity, and the need to put down biasness or prejudice when it comes to tagging individuals because of what they do or what they become. Furthermore, she was able to express her sensitivity in answering for Brennan, that her being a Showgirl in Las Vegas does not stand for her entire person. Conclusion Leibovitz’ artistry and creativity in photography have evolved through time. One may simply categorize Leibovitz’ skills and talents as unsettled or inconsistent judging from the diversity of the subjects and themes of the photographs that she has taken over time. However, despite Leibovitz’ irregular and erratic display of her talents and skills and photography, the changes that she had to see through all those years of building her career as a photographer generally defined her artistry and style. Leibovitz’ art has certainly improved through time and she was able to take advantage of all the opportunities to take photographs, make mistakes, experiment, and translate drama, emotions, passion, relationships, and such, into photographs, in order to develop her skills and talents as a photographer. Therefore, Leibovitz’ photography may be defined as flexible or adaptable, but at the same time reprehensible, strong, provocative, and forceful. She understood how the relationship between the subject, the camera, and the photographer should be developed in order to capture genuine emotions and feelings, relationships and connections, and bring out the dominant personalities of her subjects to add meaning to the photograph. The results were timeless and unforgettable images that would resound her inventiveness and adaptability as a photographer. Works Cited A&E Television Networks. â€Å"Annie Leibovitz Biography. † Retrieved from A&E Television Networks. 27 Apr 2009. http://www.nytimes.com/library/photos/leibovitz/brennan.html

Psychopharmacology Paper Essay

The study of psychopharmacology delves into the alterations in human thinking, mood, and behavior as result of inducing drugs – how psychoactive substances are employed by people to change their moods.   The field involves research and study into the effects of numerous kinds and types of substances, and how it would impact on the psychological behavior of the individual.    Not merely elaborating the ramifications of the use of recreational drugs, the study can be a particularly helpful mechanism in determining how certain drugs can alleviate psychological diseases, like mental disorder.   The substances’ psychoactive relation with brain response and the bio-chemical implications are part and parcel of psychopharmacology.   The psychoactive drugs can be obtained from a wide range of sources, natural and synthetic. These substances interact with the nervous system, and would elicit behavioral and psychological alterations in an individual.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The positive aspects of psychopharmacology are mainly its positive clinical effects that allow people with mental disabilities to lead lives that are normal – through the help of drugs like anti-depressants and anti-anxiety.   Also, it allows psychologists to investigate a wide range of behavior-altering substances that can be utilized for clinical purposes that can help countless patients.   Since psychopharmacology would extensively analyze drug effects, then it can suitably identify which substances can be utilized for public use and cure mental and psychological patients. It is an important aspect of mental health that allows for research and development of the field.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Conversely, the study has also several identified drawbacks, like the ramifications of drug testing which ultimately would involve humans.   Human testing can have unforeseen implications which can prove to be detrimental to the mental health of the test subject.   A certain drug to be able to be consumed in the market has to go through a tedious process of research and approval by the government, to ensure public safety of the drug use. References Brain, Christine. (2002). Advanced Psychology: Applications, Issues and Perspectives. United Kingdom: Nelson Thornes. Meyer, Jerrold, and Linda Quenzer. (2004). Psychopharmacology: Drugs, The Brain and Behavior. United States: Sinauer Associates. Nemeroff, Charles, and Alan Schatzberg. Eds. (2006). Essentials of Clinical Psychopharmacology. United States: American Psychiatric Publishing.

Free Essays on Young Mothers

you hear as you slam down your drink in the quickest fashion. You’re at a party and it’s starting to pick up. There are all kinds of girls getting wasted everywhere you look and at this point the majority of them are looking pretty good. So after a few more drinks you start to loosen up and begin to work on getting some action. So you bump along the groups of girls until one catches your eye. You spark up a conversation and things are really starting to look promising. The two of you decide to share a few more drinks and head back to your place for a little while to see what unfolds. You and your girl are getting hot and heavy in your bedroom and it looks like you are about to get lucky. Little do you know this is the your most unlucky moment. The two of you are so wasted that condoms don’t even cross you mind and you just rush into the act. Everything is going good and you figure; just pull out and you’ll be fine. The part you don’t know is that your method of contraception doesn’t really work. Nine months later you realize the error of your ways, but by this time it’s far too late. During the 1990’s the teenage pregnancy rates in the U.S. have dropped down to record low levels. Even with this progress, the United States still has one of the highest teenage pregnancy rates of the developed countries in the world. The rate of teen childbearing in the United States has fallen steeply since the late 1950s, from an all time high of 96 births per 1,000 women aged 15-19 in 1957 to an all time low of 49 in 2000. In recent years, this downward trend has occurred among teens of all ages and races. These encouraging declines are due to a few factors. The first contributing factor being better contraceptive methods. Nowadays sexually active teens are well aware of the options they have. There are birth control pills, better condoms and even Norplant, which can eliminate the ris... Free Essays on Young Mothers Free Essays on Young Mothers 1, 2, 3 Chug Those are the words you hear as you slam down your drink in the quickest fashion. You’re at a party and it’s starting to pick up. There are all kinds of girls getting wasted everywhere you look and at this point the majority of them are looking pretty good. So after a few more drinks you start to loosen up and begin to work on getting some action. So you bump along the groups of girls until one catches your eye. You spark up a conversation and things are really starting to look promising. The two of you decide to share a few more drinks and head back to your place for a little while to see what unfolds. You and your girl are getting hot and heavy in your bedroom and it looks like you are about to get lucky. Little do you know this is the your most unlucky moment. The two of you are so wasted that condoms don’t even cross you mind and you just rush into the act. Everything is going good and you figure; just pull out and you’ll be fine . The part you don’t know is that your method of contraception doesn’t really work. Nine months later you realize the error of your ways, but by this time it’s far too late. During the 1990’s the teenage pregnancy rates in the U.S. have dropped down to record low levels. Even with this progress, the United States still has one of the highest teenage pregnancy rates of the developed countries in the world. The rate of teen childbearing in the United States has fallen steeply since the late 1950s, from an all time high of 96 births per 1,000 women aged 15-19 in 1957 to an all time low of 49 in 2000. In recent years, this downward trend has occurred among teens of all ages and races. These encouraging declines are due to a few factors. The first contributing factor being better contraceptive methods. Nowadays sexually active teens are well aware of the options they have. There are birth control pills, better condoms and even Norplant, which can eliminate the ris...

Self-portraits

Self-portraits "A self-portrait is more than a likeness it captures the 'reality' of the person."Many artists express themselves through self-portraits to portray how they interpret themselves and the world around them. Three artists that depict this are; Edward Munch, Salvador Dali and Rembrandt Harmensz Van Rijn.A Norwegian painter and graphic artist, Munch concentrated his artworks on illustrating the emotions from deep inside. Munch led a sad life, with his parents, brother and sister all dying while he was still young, he suffered from depression in later life. This bleakness and pessimism shows through in his art, as common themes in his work include; the stages of life, relationships, love, death and the fear of living. However in his later paintings Munch showed more interest in nature and his work became more colourful and less pessimistic. Regarded as a pioneer in the expressionist movement in modern painting, Munch was recognised in Germany and Central Europe as one of the creators of a new era.Rembrandt's son Titus, as a monk, 1660In 1885 Munch embarked on a short study tour to Paris and his work began to show the influence of French painters. Between 1892 and 1908 Munch spent a lot of his time in Paris and Berlin; where he became known for his prints, lithographs and woodcuts. After 1910 Munch returned to Norway, where he lived and painted until his death."Self-portrait with skeleton arm" is one of the first known lithographs that Munch has produced. The basic design is drawn in chalk with a thick ink wash brushed over to create a solid black. The skeleton arm placed at the bottom of the picture gives the viewer an unnerving reminder of death.Shown in front of a pitch black background is the almost glowing portrait of Munch showing us only his head and...

Business Risk of HIH Insurance Limited Free-Samples for Students

The imperfect record of the financial report is responsible for the breakdown of the company which can be a threat to the business. The non-accurate accounting report can be a major reason for the failure of the business deals. When the company becomes able to submit the proper finance report, then that will define the improvement of the business, and the development of the annual finance report can descry the decreasing material quality which can be the cause of the business risk of HIH insurance limited. According to the auditor's lack of professionals can be a cause of the business risk. The infrastructure and the policies which are responsible for the poor and unreasonable decision can be a reason of great loss and the collapse of the HIH Insurance Company that can push the business to a pick of risk. Through the explanation of the factors, it is clear that this matter is responsible for the business risks. If the development of the money power can be demonstrated correctly, then it can be noticed that the implement of the credit is highly responsible for the business failure and the sales of the assets also a reason of the business risks (Bragg, 2013). The presence of unprofessional and inefficient staffs can be a reason of great loss for the business. Often the staffs were unable to find proper clients for investment or sometimes they engulfed all the money and did not submit the amount of money to the company which is truly harmful to any company.   When the premium is collected from the clients by companies for a long time, then it required a number of efficient workers which produce the shortage of money for the company the can be a reason of the business risks. When the company faced various kinds of risks, then the collapse situation arrived. Due to the lack of proper ethical guidelines and the absence of appropriate insurance policies, the increasing budgets become fall which can be a major risk factor that is affecting the HIH at finance report level. The risks occurring in the annual finance report level is one of the factors influencing the growth of the HIH Insurance and caused business risks. To identify the investment tolerance, it is necessary to clearly describe the implementation of the factors affecting the business risks. The proper protocol of the work and the individual investment shows a stability of the accounting theory of the business. The removal of the risk factors of the HIH Insurance Company it is necessary to separate the person based licensed investment which can be critical for the growth of the business finance report (Britton and Waterston, 2013). The replacement of the assets or the sale of the properties can be a factor affecting HIH Insurance annual report level. Many legal issues between the creditors and the clients can also be changing factor oh the business risks. The company needs to recruit dedicated employees because most of the times the lack of efficient and well-experienced members can also be a significant problem for the company which affecting the annual financial report level (Christensen, Cottrell and Budd, 2016). If suddenly any client denies continuing giving their premium then that will be very much affecting the development of the enterprise. The HIH Insurance annual report level is also influenced or affected by this factor. Insufficient responses to the high pressure and management rising inadequately in the international insurance market were the primary cause of the danger of the company that is the HIH insurance. The interest of many stakeholders that affected the misguiding or false statements was in print. The financial report of the perspective company depicted significant money owing leverage and cover liabilities, the money owing means solution risk of the particular company (Weil, 2017). Now the matter is why this so much irresponsible in such a manner, the directors of act boards are the main responsible for these unjust representations of the financial statements of the company. Only they are not the responsible accountants and auditors are the same responsibility for these false tasks of the monetary declarations of the enterprise (Dauber, 2005). Responsible for this breakdown of these management companies was presented as an evil financial system, the people or group was the same responsibi lity of this initial failure of the company. The clients were facing an enormous problems or losses for this inadequate responsibility. The company was paid responsible accountable to customers for losing their inadequate amount of money.   Not only that if clients think that they can take measures responsibility for the board of directors of the management and cover their insufficient loss of amount. The management's liability to the credit pay was due to the creditors lend money to the company. The company is answerable or pays the due amounts to the suppliers and other creditors. Defendant owes the applicant on the duty of care then the negligence or careless occurs, when the defeated breaches the duty of attention when the candidate suffers an injury or damage when it occurs when the damage or injury causation by the outcome of the violation of the duty of care. In a state of affairs where a specific person owes another obligation of care, causes several damages, injury, loss to each and the particular person. The action of negligence conducted by the accountants or some auditors was responsible for the collapse of the HIH insurance company as per reports. Determination by the court signifies that the breach of the duty of care by reviewing the standard of care, to avoid some causing injuries or harm is the duty of attention is the legal compulsion (Hill, 2012). The boards of directors were the main responsibility for the failure of the company, and it can be stated as breaching the trust duty of care. Therefore, the regulatory framework is not appropriately followed by the organization HIH due to which company had to make this harsh situation. According to the law, which regulates the business system all across Australia, it is instated that this kind of act is considered as a breach in the regime of an organization and is capable of punishment (Waterston, 2006). The company is liable to answer all its customers for the negligence in their behavioral aspect and this maybe another reason for the loss of trust in this organization of the people. Legislative system of the company needed to exhume for the augmentation of the business system. That is why The HIH wants to re-hire its former members of the external audit team. The abnormal development of the organization can be justified by its time of failure. The organization faced the situation due to the enhancement of work since the structuring of a project and reforms are illogically enhanced. It is very clear from this event that the company The HIH did not abide by the regulatory framework approved by the government of Australia and for this reason the organization had to take such harsh a decision (Horngren, 2013). Quite naturally, due to such disorientations in the construction of work, the auditor has blamed for unsuitable performances regarding his duties towards the company altogether. In such a condition, where the regulatory of the government was being challenged, the company was bound to be in the worst of situations (Shim, Siegel and Shim, 2012). It was only beca use of this, that the company needs to hire its ex-employees from the audit team to make a better performance out of them, and proper construction of work can be depicted which shows the enhancement of the works done together by the company so far. In this particular matter, the primary thing that had occurred due to the alteration of the auditing team in the HIH organization is an actual detailed depiction of the amount of work done so far had been reported. The amount of work done and the exact amount of work features can be easily illustrated due to the alteration of the entire auditing team and revamp it with a new team comprising of the ex-employees (Schroeder, Clark and Cathey, 2011). Thus, this new plan of action helps in the improvement of performance and allows proper planning of the research for the further benefit of the company. This had led to the development of profits of the organization in a massive way (Horngren, 2014). Also, the gap that had occurred in the balance of the company was dissolving, and the company was emerging more like a stable structure in the work ethics. The equilibrium that was necessary to maintain as an organization was once again in the process of restoration due to this strategy. Previou sly, the old auditors had breached many of the laws in presenting the financial accounts to the legislative authorities as they have presented many faulty records that had shown incorrect profit and loss, income, expenditure and balance in the finance system of the company (Horngren, 2013). However, the introduction of the new team of auditors who were previously appointed had a fresh start and new and legalized outlook in the business strategy and financial accounting department. The government of Australia has some standard laws regarding the practical ethics of an organization. It was reported by case studies that the HIH Company had desecrated these ethical standards (Schroeder, Clark and Cathey, 2011). The Board of Directors along with the auditors had been found guilty of producing unfair financial statements. According to the government of Australia, business ethics deals with the fair and inequitable means in an organization and any illegal or discriminatory conduct regarding the financial accounting of an organization is punishable as it is a vital aspect of an organization (Jones, 2013). It is considered that any illicit means adopted to represent a faulty financial accounting is the open gate in unlawful inflow or outflow of cash, illegal representation of income, expenditure, profit and loss, assets and liabilities. The guidelines regarding running a business organization are strict and breaching any one of them is liable to be punished for an offe nse. This behavior only represented a lack of integrity and negligence in carrying out the respective duties of the Board of Directors as well as the auditors. This only led to the downfall of the HIH Company. Since the rules and regulations are only meant for the well-being of the company (Libby, Libby and Short, 2012). Hence, it was very clear that the proper image of the company was tarnished and this affected the interest of many people in the organization.   CLERP 9 and Ramsay Report provide government approved guidelines on the proper preparation of a company’s financial statements and corporate ascendancy. The CLERP 9 is responsible for providing the information on the appropriate standards in the liabilities that occurs due to breaches in the system, the independence of an auditor, compliance controls, and the accounting standards (Oppermann, 2009). The auditors are to bridge the gap between the perspective and expectation of a user on the financial statement of an organization because an accountant prepares the financial declarations of the company and gives it a real standardization. Legislation will always provide clear concepts of representing the account practices of a company, and in no ways, these can be breached. As per the government authorized rules, both the internal and external auditors are equally responsible for maintaining the proper financial statements and the correct valuation of the company, but if these lin e of action is breached in any way, then they are to be blamed for failing in eliminating the misstatements found within the financial accounting (Powers and Needles, 2012). Bragg, S. (2013).  Accounting best practices, seventh edition. Hoboken, N.J.: John Wiley & Sons. Britton, A. and Waterston, C. (2013).  Financial accounting. Harlow: Financial Times Prentice Hall. Christensen, T., Cottrell, D. and Budd, C. (2016).  Advanced financial accounting. New York, NY: McGraw-Hill Education. Dauber, N. (2005).  Generally accepted auditing standards. Mason, OH: Texere. Hill, J. (2012).  Colloidal Silver Medical Uses, Toxicology & Manufacture. Horngren, C. (2013).  Accounting. Frenchs Forest, N.S.W.: Pearson Australia. Horngren, C. (2013).  Financial accounting. Frenchs Forest, N.S.W.: Pearson Australia Group. Horngren, C. (2014).  Accounting. Toronto: Pearson Canada. Jones, M. (2013).  Accounting. Chichester: Wiley. Libby, R., Libby, P. and Short, D. (2012).  Financial accounting. Oppermann, H. (2009).  Accounting standards. Lansdowne: Juta. Powers, M. and Needles, B. (2012).  Financial accounting. [Mason]: South-Western, Cengage Learning. Schroeder, R., Clark, M. and Cathey, J. (2011).  Financial accounting theory and analysis. Hoboken, NJ: Wiley. Schroeder, R., Clark, M. and Cathey, J. (2011).  Financial accounting theory and analysis. Hoboken, NJ: Wiley. Shim, J., Siegel, J. and Shim, J. (2012).  Financial accounting. New York: McGraw-Hill. Waterston, C. (2006).  Financial Accounting. Pearson Education UK. Weil, R. (2017).  Financial accounting. [Place of publication not identified]: Cengage Learning.

Internet Fraud and Identity Theft Essay Example | Topics and Well Written Essays - 1000 words

Internet Fraud and Identity Theft - Essay Example The internet has initiated a fourth sales channel for companies to reach home consumers or their business customers [6]. Rosen stated that E-business includes products, procedures and internet services [7]. The term phishing is well defined by Jim Edwards as Phishing describes a combination of techniques used by cyber crooks to bait people into giving up sensitive personal data such as credit card numbers, social security numbers, bank account numbers, dates of birth and more [9]. E-commerce basically is about B2B and B2C online sales, online ads, online brokerage and number of related online transactions. As per Jim Warholic, with all the inroads and growth in e-commerce in recent years, security concerns still top the list for both B2B business customers and B2C consumers [11]. Payment modes involved in e-commerce are either Traditional Payment Method or Electronic Payment Method. Adam stated Credit cards mode of payment is very common these days and this study will revolve around credit card only [12]. The Internet is rising even more dramatically - it's actually much safer to enter your credit card number on a secure online order form than it is to give your credit card to a waiter at a restaurant [14]. Facilitated by the internet, identity theft can manifest itself in a number of ways including phishing, pharming, and other fraudulent schemes [15]. If one faces fraud, firstly, he should contact the company for your money back. He should have a record of every phone conversation with time; date etc. let them know them that you may notify the authorities. Then report the Securities Division and also the State Attorney General in the state they are located. Fill the formal request form. One should not send the originals of any documents back to the company [16].  

Bishop, V. (1998) suggests that effective clinical supervision needs a Essay

Bishop, V. (1998) suggests that effective clinical supervision needs a managerial commitment to its implementation and ongoing operation. Discuss and describe how you might gain this - Essay Example ever, a majority ÃŽ ¿f school counsellors do not receive adequate supervision; indeed, many are supervised by school administrators who are not trained in counselling (Roberts & Borders, 1994; Sutton & Page, 1994). The American Association ÃŽ ¿f Counselling and Development School Counselling Task Force (1989; now ACA) has declared a need for counselling supervision ÃŽ ¿f practicing school counsellors (hereafter referred to as clinical supervision). However, there are few studies on the effects ÃŽ ¿f clinical supervision on veteran counsellors ÃŽ ¿f any type (Bernard & Goodyear, 1992) and even fewer on school counsellors. Research on the effects ÃŽ ¿f clinical supervision on school counsellors is rare (Crutchfield & Borders, 1997; Roberts & Borders, 1994; Sutton & Page, 1994). Just one ongoing clinical supervision program ÃŽ ¿f school counsellors was found in a literature search, but other than informal comments from the participants, the authors did not report formal evaluation findings (Henderson & Lampe, 1992). Two peer group, clinical supervision programs have been described and tested in the literature: Borders (1991) Systematic Peer Group Supervision and Benshoff and Paisleys (1996) Structured Peer Consultation Model for School Counsellors. When compared with no supervision, the quantitative research findings on both programs were not significant (Crutchfield & Borders, 1997). The counsellor participants in Crutchfield and Borders (1997) study were provided few opportunities for supervision training, and their involvement in clinical supervision was limited to the duration ÃŽ ¿f the study. As a consequence ÃŽ ¿f the lack ÃŽ ¿f clinical supervision programs and research, there was a call for school systems to design and examine methods ÃŽ ¿f school counsellor supervision. Recent Counsellor Educators and Supervisors Network (CESNET) exchanges underscore the necessity and the complexities ÃŽ ¿f establishing clinical supervision ÃŽ ¿f school counsellors. In a December 1998 article in

Prepare a short lesson that is in PowerPoint( at least 8 slides, but Essay

Prepare a short lesson that is in PowerPoint( at least 8 slides, but no more) Topic is your choice - Essay Example The animation type used for the text is the â€Å"shape animation.† This has been chosen since it gives a shrinking-like impression, which tends to illustrate the action of weight loss. In addition, a next button, which gives the person using this presentation an idea that he or she should navigate to the next slide. For this to work explicitly, navigation by mouse click has been disabled. This slide also has supporting notes in the notes area. These notes are meant to guide the presenter in explaining what the presentation is about. In this case, it helps the presenter say more regarding the title of the presentation. In order to have the audience’s attention, the use of sound, â€Å"suction†, have been implemented to signal the begging of the presentation. Slide #2 The second slide contains information about what the presentation will mainly focus on. Action tool for implying emphasis known as â€Å"titter† has been used to help emphasize and capture the attention of the audience. In addition, the main text body in this slide has been animated. The animation style employed is the â€Å"float-in† animation style. This has also been selected to promote emphasis and catch the audience’s attention. It has also been chosen so as illustrate the text in point form. ... The transition is time based, and in this case, it is 2.00 seconds. This is to give the presenter enough time to advance on or explain the points one at a time. Supporting notes have been provided for this slide too. Action buttons to signify and enable the presenter to initiate navigation to the next slide and the previous slide has also been put in this slide. For this to take effect, navigation by mouse click has been disabled. Slide #3 The second slide contains information about what the presentation will mainly focus on. Animation tool/style known as â€Å"fade† has been applied on the heading of this slide. This is to help emphasize and capture the audience’s attention. In addition, the main text body in this slide has been animated. The animation style employed is the â€Å"float-in† animation style. This has also been selected to promote emphasis and catch the audience’s attention. It has also been chosen so as illustrate the text in point form. Th e transitions in this slide are not triggered by mouse clicks but are rather time based depending on when last a previous item displayed. The time interval for the transitions in this slide is set at 2.00 seconds. This allows the audience to follow the presentation and be able to distinguish between one distinct point and the next. This slide, just as slide #1 also has a background aimed at improving the appeal of the presentation and communicating the theme of the presentation. These transitions have been made to display one after the other without the presenter necessarily initiating their display through a mouse click. This is to give the presenter enough time to advance on or explain the points one at a time. Supporting notes have been provided for this slide too.

M2A1 - Q3 Essay Example | Topics and Well Written Essays - 250 words

M2A1 - Q3 - Essay Example In the case of inflation, an organization can undergo a huge loss since the manufacturing cost will be affected. In the same case, the government issues out regulatory restriction against a certain product. If the government burns a trade of a certain product, it means that the organization will have to dispose of and undergo loss. Regional conflict also will affect the market status in that; individual will not be willing to shop from a certain communities businesses (Newton, 2011). Organization culture affects the progress of the company. Organization whose employees work under different culture collapses latter. In order to manage culture, a leader must make the culture a priority. This can be achieved by uniting, refocusing and regrouping the workers to have a team and winning environment. The leader should also change the negative energy to a positive one. This can be done by utilizing the challenges at hand and complains to generate new ideas, path of success and innovation (Newton, 2011). The leaders should also meet with the company and share the vision and fiscal status to ensure that everything is handled before it becomes a challenge. Leaders should share a positive vision to employees and ensure that each person in the organization understands and rally around a vision. This will ensure employee motivation since they will fell as if they are attached and also are part of the company and be motivated to work and achieve the visions (Gordon, 2014). In conclusion, the continuity and progress of the organization is in the hands of the leaders. Leaders should be conversant with the leadership strategies, which can bring about organizational motivations. Despite the variables available, leaders should be able to use the leadership strategies to ensure organization’s progress and

The Concept of the Augmented Product to A&F Essay

The Concept of the Augmented Product to A&F - Essay Example A&F would have a hard time adjusting to this type of external competitive threat because it would be increasingly difficult to make A&F appear viable to a virtual marketplace who has shifted away from the organic in favor of the technological. They must be adaptable and continue to understand the trends of their current demographic. Their design is all synonymous with youth and beauty and lifestyle attitudes. From their flagship mural to their in-store displays, everything is done to elicit this sensation in-store. It appears they’ve positioned their brand well, but on a more adaptable positioning map, I would suggest that A&F be prepared to shift a little more to the right and a little more to the left when necessary in order to draw in a different demographic (with only minor adjustments to the brand) when sales volumes decline. I think all brands have pressures and stresses. A&F faces the real possibility that they could be outperformed by up-and-comers if they don’t consider contingency plans for their current marketing efforts. Though short-term they are finding considerable profitability through their new expansion efforts, they must realize (and it appears they do) that they must be flexible. They have obviously invested a lot of funds into new technologies which improve both their in-store operations and their international merchandising campaigns. This means they are growing and meeting the demand of a global marketplace. So, an initial assessment it would seem that A&F is doing very well in this area. From Porter’s Five Forces viewpoint, they don’t currently face a great deal of rivalry, as nobody has been able to establish a brand identity as strong as A&F in this type of fashion marketing arena. Many of the barriers to entry have been completed and changed by the efforts of other  retailers who have spread into European nations. A&F obviously maintains the capital necessary to expand if they wanted a more rapid market entry across Europe, so they seem reasonably secure in being more aggressive.  

Strategic management Case Study Example | Topics and Well Written Essays - 250 words - 4

Strategic management - Case Study Example Joe’s has been the best option for many people because recent trends indicate people opting to purchase groceries from grocery stores rather than supermarkets. Over the years, Joe’s traders have managed to create a great customer relations who have come to trust the chain store with all their consumer needs. Also, the chain store has specialized in the area that was vacant, and it is feeling the gap. Joe’s store should, therefore, be slow and steady in its growth so as maintain quality at the same time. The company has followed the strategy clock by first offering goods at low prices, being a store selling both drugs and groceries at the same time then introducing new items such Hawaiian shirts. The next step is focused differentiation. The company is highly sustainable since it addresses issues at the market at the same time evading threats. Since the enterprise is the best ranked, it certainly meets the demands of its consumers. The management tactic is certainly feasible since it has only a few adjustments need to be

The Concept of the Augmented Product to A&F Essay

The Concept of the Augmented Product to A&F - Essay Example A&F would have a hard time adjusting to this type of external competitive threat because it would be increasingly difficult to make A&F appear viable to a virtual marketplace who has shifted away from the organic in favor of the technological. They must be adaptable and continue to understand the trends of their current demographic. Their design is all synonymous with youth and beauty and lifestyle attitudes. From their flagship mural to their in-store displays, everything is done to elicit this sensation in-store. It appears they’ve positioned their brand well, but on a more adaptable positioning map, I would suggest that A&F be prepared to shift a little more to the right and a little more to the left when necessary in order to draw in a different demographic (with only minor adjustments to the brand) when sales volumes decline. I think all brands have pressures and stresses. A&F faces the real possibility that they could be outperformed by up-and-comers if they don’t consider contingency plans for their current marketing efforts. Though short-term they are finding considerable profitability through their new expansion efforts, they must realize (and it appears they do) that they must be flexible. They have obviously invested a lot of funds into new technologies which improve both their in-store operations and their international merchandising campaigns. This means they are growing and meeting the demand of a global marketplace. So, an initial assessment it would seem that A&F is doing very well in this area. From Porter’s Five Forces viewpoint, they don’t currently face a great deal of rivalry, as nobody has been able to establish a brand identity as strong as A&F in this type of fashion marketing arena. Many of the barriers to entry have been completed and changed by the efforts of other  retailers who have spread into European nations. A&F obviously maintains the capital necessary to expand if they wanted a more rapid market entry across Europe, so they seem reasonably secure in being more aggressive.  

Audience Analysis and Reception Essay Example for Free

Audience Analysis and Reception Essay Question: You are preparing to write a formal report to be presented to management at your workplace. What are some potential needs for this audience you should be aware of when writing the report? What are the risks of not considering the audience’s needs? As explained in week five (The University of Phoenix, 2014). Writing a Proper Report Writing a formal report to management can be difficult as well as time-consuming. You must know who your audience is and what important topics your management team wants to hear. It is very easy to get off track and present data that is not relevant to the audience that you are directing the report to. You must know your audience. There are several things the author writing the report needs to know, in order to ensure that the management team will understand. The first thing that should be considered is, knowing who your audience is. It is important to know who the managers reading this report are. This makes a difference because you want to capture an audience by the job they have. If the report is a descriptive report about product design, you will not want to write a report about sales revenue. The report must fit the audience. Another important factor the writer should know is, knowing the audiences special interests or prejudices they may have about the information you are going to present. It is important to write the report around the facts and to not try to put in too much feeling. Facts are the only things that should be considered. Let the audience think for themselves and make their minds up based on the data that is being presented. Be prepared and have charts or other supporting documentation ready and available, so that the report can be backed up to support the report. Always pay attention to grammar and watch for any syntax errors in your writing. It is crucial that the audience sees that the report is  credible, properly written and that it flows well so that the audience can understand the report. Formal reports are more detailed and have a lot more detail than a non-formal report. Paragraphing the formal report will be easy for the audience to read. There are a lot of risks involved if these guidelines are not met. The audience has particular needs that they will be looking for, and making certain that these measures are there will lead to success. In conclusion, it is crucial that writers understand who the audience is. A formal report should always have the information in it that fits the audience. You might lose your audience, and the report may be seen as non-credible if the facts are not presented the way they should be. References The University of Phoenix. (2014). Week Five: Audience Analysis and Reception. Retrieved from The University of Phoenix, XBCOM/275 website. Educational Psychologist. (2010). Writing for whom? Cognition, motivation, and a writers audience.. Retrieved from Educational Psychologist, XB/COM 275Communication Process Model website.

Expansion Analysis for BMW

Expansion Analysis for BMW 1. Prepare and implement a plan for the collection of primary and secondary data for assessing an area of business of your choice. a. Develop and use a questionnaire and justify its design for a particular purpose. 1.1 Research Topic General Area of interest: Expansion Diversification of Business. Specific sub area of interest: -BMWs expansion in car segment in Mumbai, India. More specific topic of interest: Which type of car segment should BMW expand their business in Mumbai, India. Research Topic BMWs expansion in particular car market segment. 1.1.1 Background BMW entered the Indian market in the year 2006 after their arch rival Mercedes-Benz. Both the German luxury car makers have the maximum market share in the luxury car market segment. Recently Audi has entered their market and is giving both the automobile companies a tough competition. BMW is able to overtake Mercedes-Benz in terms of sales and has been at the top of the luxury car market segment in India since the last four years. Audi is capturing the market segment rapidly with its new cars. So in order to remain at the top of the luxury car segment BMW as to react according to the change in trend and bring out new models to beat its competitors and block the entry of new competitors like Nissan, Porsche, Volkswagen, etc in their market segment. BMW has its sales subsidiary in Gurgaon, Delhi to develop its dealer network in India. BMW has established 14 dealers all over India. Mumbai is one of the largest cities of luxury car market segment in India. The SIAM (Society of Indian Automobile Manufactures) has reported that BMWs sales have grown by 12.76% to 1,020 units in July, 2009. The report also says that BMW has increased its sales by 43% to 3,000 units in 2010. BMW has future plans on increasing their dealership in eight more cities of India. BMWs management team can understand the taste of the Indian consumers based on the research conducted in Mumbai, India. Mumbai being the economic capital of India had the largest number of buyers of luxury cars in India. BMW had opened its first assembly center in Chennai in 2007 by seeing the potential growth in Indian market. BMW is really caution about its product launch in Indian markets because they just dont want to sell cars based on their brand value, but they wish to create better brand value by serving their customers with luxury cars with top of the line features, amazing performance and competing prices. BMW had surprised all its rivals by launching Rolls Royce cars in Indian market after studying the economic growth in India. But they still havent launched the cars of brand Mini because Indian customers are not ready for expensive small cars. BMW has always tried to make their cars on the basis of an idea of being practical and contemporary which has helped them succeed in luxury car segment in India. The firm has also made cars which are fuel efficient and eco-friendly (working on hybrid technology) has boosted their brand value and has helped them find many new customers. http://automobiles.mapsofindia.com/cars/bmw/ 1.1.2 Aim for the Research Project The aim for the research topic is to find out in which market segment should BMW make expansions (produce new models) in Mumbai. 1.1.3 Objectives The objectives for my research are to gather primary information for the research through Descriptive or Survey Research Design with the help of a questionnaire, secondary information via the staffs of the car companies and through companies sites, and conclude by research analysis and present it as a report to the BMWs management team. 1.2Research Leedy (1985) defines research as the manner in which we attempt to solve problems in a systematic effort to push back the frontiers of human ignorance or to confirm the validity of the solution to problems others have presumably resolved. 1.2.1 Research Design Research Design is defined as a framework or blueprint for conducting a marketing research project. It specifies the details of the procedure necessary for attaining the information needed to structure and/or solve marketing research problems. http://destinydawnmarie.blogspot.com/2007/05/research-design.html 1.2.2 Type of Research Design Chosen Descriptive or Survey Research Design is used for the research as it attempts to describe and explain conditions of the present by using many subjects and questionnaires to fully describe a phenomenon. Survey research design /survey methodology is one of the most popular for dissertation research. http://www.dissertation-statistics.com/research-designs.html 1.2.3 Primary Secondary Research The methods used for primary research is Descriptive or Survey Research Design method by which qualitative data is collected through questionnaires. The questionnaire is filled by 100 people visiting the showrooms of BMW, Audi Mercedes-Benz and the data collected is analyzed and a conclusion is made. The questionnaire is designed to know the preference of the type of car segment people prefer to buy. Secondary data is collected from the showroom managers, balance sheet of companies and from the companys site. Using both primary and secondary research a conclusion is drawn and presented in form of a report to the BMW management. 1.2.4 Network Diagram The network diagram is used to show how the market research is carried out and data is analyzed and generated into a report for the management of BMW. PD = Primary Data, SD = Secondary Data Diagram 1: Network Diagram 1.3.1 Questionnaire for Primary Research 1.3.2 Analysis of the Questionnaire The first question was asked to determine the ratio of gender of 100 people who had been a part of this survey. The result showed that out of the population of 100 the ratio of Men: Women were 7:3. The number of female who came to the showroom was 30 and the number of male was 70. Gender: Male = 70 People Female = 30 People Diagram 2: Gender The second question is a general question asked to check how much the Indian people prefer to drive their car. The data collected showed that 95% of the people prefer driving their cars and 5% of the people do not drive their cars. People who like driving their car (Yes) = 95  Ã‚   People who dont drive their car (No) = 5 Diagram 3: People Who Prefer Driving Their Car The third was based on how many cars each one owned who was surveyed. The data collected showed that 1 car was owned by 15 % people, 2 cars were owned by 10% people, 3 cars are owned by 25% people, 4 cars are owned by 10% people, 5 cars owned by 15% people, 6 cars owned by 15% people, 7 cars owned by 5% people, and 8 cars owned by 5% people. Number of cars owned: 1=15 people   2=10 people   3=25people   4=10 people   5=15 people   6=15 people   7=5 people   8= 5 people Diagram 4: Number of Cars Owned The fourth and fifth questions were asked to gather the information for the company to check the preference of what type of car the people who were surveyed preferred. The data collected was tabulated according to the age group. Age Group of People Surveyed and their Preference for the Type of Car Diagram 5: Preference of Type of Car of People of Different Age Group The sixth question was asked to see what price range the Indian customers prefer when they plan to buy a car. Price range of cars (00,000 Rupees) 20-40 = 25 people 40-60 = 40 people 60-80 = 25 people 80-100 = 10 people  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Diagram 6: Price Range of cars (00,000 Rs) The data collected showed the price range preferred by the Indian customers. The data showed that 25% people preferred car in the range 20-40 (00,000 Rs.), 40% people preferred car in the range 40-60 (00,000 Rs.), 25% people preferred car in the range 60-80 (00,000 Rs.), and 10% people preferred car in the range 80-100 (00,000 Rs. This data is also essential as this will help the company to make cars according to the taste of their customers. 2. Create information for decision making by summarising data using representative values, and use the results to draw valid and useful conclusions in a business context. a. Analyse the data collected in Task 1 using measures of dispersion, and use to assess an area of business of your choice. b. Use quartiles, percentiles and correlation coefficient, and use these to draw useful conclusions in a business context. 2.1 Quartile, Quartile Range and Quartile Deviation a. Sedan Quartiles Nth Value = = 45 Q1 = Q2 =   Q3 = Quartile Range QR = Q3 Q1 = 39 18 = 21 years Quartile Deviation QD = = 10.5 years b. SUV Quartiles Nth Value = = 35 Q1 =   Q2 = Q3 = Quartile Range QR = Q3 Q1 = 47 32 = 15 years Quartile Deviation QD = = 7.5 years c. Sports Car Quartiles Nth Value = = 20 Q1 = Q2 = Q3 = Quartile Range QR = Q3 Q1 = 38 18 = 20 years Quartile Deviation QD = = 10 years 2.2 Mean, Variance, Standard Deviation Coefficient of Correlation a. Sedan Mean = xÃÅ'†¦ = = = 35 Variance = = = 66.67 Standard Deviation = ÃŽ ´ = = = 8.16 Coefficient of Variation = = = 0.23 b. SUV Mean = xÃÅ'†¦ = = = 39.28 = 39 (approx.) Variance = = = 81.71 Standard Deviation = ÃŽ ´ = = = 9.04 Coefficient of Variation = = = 0.23 c. Sports Car Mean = xÃÅ'†¦ = = = 32.5 Variance = = = 78.75 Standard Deviation = ÃŽ ´ = = = 8.87 Coefficient of Variation = = = 0.27 2.3 Coefficient of Correlation of Pricing and Age Group Sedan Car Correlation Coefficient = r = r = r = r = = = 0.16625701 = 0.17 (approx.) SUV No. of People Age Group (X) Pricing Range (Y) XY X ² Y ² 1 21 35 735 441 1225 2 23 45 1035 529 2025 3 27 45 1215 729 2025 4 27 55 1485 729 3025 5 29 65 1885 841 4225 6 31 75 2325 961 5625 7 31 70 2170 961 4900 8 32 80 2560 1024 6400 9 32 85 2720 1024 7225 10 35 35 1225 1225 1225 11 35 45 1575 1225 2025 12 36 50 1800 1296 2500 13 36 60 2160 1296 3600 14 37 45 1665 1369 2025 15 37 55 2035 1369 3025 16 38 60 2280 1444 3600 17 38 60 2280 1444 3600 18 38 65 2470 1444 4225 19 39 40

astronomy :: essays research papers

Space exploration has been going on since the 1960s. Both women and men have traveled in space. Every day we are discovering different things about space from satellites and astronauts, and every day more people are landing on the moon. The first human, the first animal, and the first spacecraft in orbit, were all Soviet achievements. There are many reasons why space is explored and why people take the time to explore the solar system. One reason is that we want to find out how our solar system was created and how it works, and another reason is that we want to find out how all the planets move and how they change rotations. We also want to learn about everything on the planets and how to make advanced enough spacecrafts so that we can visit all the planets. The first man to travel in space was Yuri Gagarin. He made history on April 12, 1961, by orbiting the earth in the Votsok 1. His flight was one hour and 48 minutes long, going at a speed of about 17,000 mph on the Votsok 1 as he circled the earth. Gagarin was later killed in a crash of a test airplane. Neil Armstrong was the first person to ever land on the moon. He was born in Wapakoneta, Ohio, and after he graduated from college in 1955 he joined NASA. In 1962 he became the first civilian to enter an astronaut training program. In 1969 Armstrong lead the Apollo 11 mission and became the first person to set foot on the moon. His companions were Edwin E. Aldrin, Jr., and Michael Collins. In 1971 Armstrong became a professor of aerospace engineering at the University of Cincinnati. Valentina Vladimora Nikolayeva Tereshkova was the first woman to be in space. She joined a Soviet training program in 1961 and in 1963 she successfully orbited the earth 48 times in the Votsok 6. "Born Galileo Galilei, his main contributions were, in astronomy, the use of the telescope in observation and the discovery of sunspots, lunar mountains and valleys, the four largest satellites of Jupiter, and the phases of Venus." In December 1609, Galileo built a telescope of 20 times magnification, and with it he could see craters and mountains on the moon. He also saw that the Milky Way was made up of stars and looked at the four largest satellites of Jupiter.

The Style in Hawthornes Young Goodman Brown :: Young Goodman Brown YGB

The Style in â€Å"Young Goodman Brown†Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚        Ã‚  Ã‚   Nathaniel Hawthorne’s short story or tale, â€Å"Young Goodman Brown,† is an interesting example of the multi-faceted style of the author, which will be discussed in this essay.    Edgar Allan Poe in â€Å"Twice-Told Tales - A Review,† which appeared in Graham's Magazine in May, 1842, comments on Hawthorne’s â€Å"originality,† and â€Å"tranquil and subdued manner† which characterize his style:    The Essays of Hawthorne have much of the character of Irving, with more of originality, and less of finish; while, compared with the Spectator, they have a vast superiority at all points. The Spectator, Mr. Irving, and Mr. Hawthorne have in common that tranquil and subdued manner which we have chosen to denominate repose. . . . In the essays before us the absence of effort is too obvious to be mistaken, and a strong undercurrent of suggestion runs continuously beneath the upper stream of the tranquil thesis. In short, these effusions of Mr. Hawthorne are the product of a truly imaginative intellect, restrained, and in some measure repressed, by fastidiousness of taste, by constitutional melancholy and by indolence.    Peter Conn in â€Å"Finding a Voice in an New Nation† discloses a characteristic of Hawthorne’s tyle with regard to his short stories: â€Å"Almost all of Hawthorne’s finest stories are remote in time or place† (82). Nathaniel Hawthorne’s tale â€Å"Young Goodman Brown† is no exception to this rule, being placed in historic Salem, Massachusetts, back in the 1600’s.    Herman Melville in â€Å"Hawthorne and His Mosses,† (in The Literary World August 17, 24, 1850) has a noteworthy comment on Hawthorne’s style:    Nathaniel Hawthorne is a man, as yet, almost utterly mistaken among men. Here and there, in some quiet arm-chair in the noisy town, or some deep nook among the noiseless mountains, he may be appreciated for something of what he is. But unlike Shakespeare, who was forced to the contrary course by circumstances, Hawthorne (either from simple disinclination, or else from inaptitude) refrains from all the popularizing noise and show of broad farce, and blood-besmeared tragedy; content with the still, rich utterances of a great intellect in repose, and which sends few thoughts into circulation, except they be arterialized at his large warm lungs, and expanded in his honest heart.    How beautifully does this critic capture the basic attitude of Hawthorne, who avoids the â€Å"noise and show† and emphasizes his â€Å"rich utterances.

School will Improve Education in America

School choice will improve education in America. Public schools are grossly inefficient, and are not educating many of America's youths adequately. Schools that are run independent from local government bureaucracy provide better education at lower cost. School choice would allow more students to attend better schools. School choice is a potent educational reform that is far more effective than increased spending. The fears of opponents of school choice are factually unfounded. School choice is necessary to improve American education. Through allowing more parental choice in education, school choice forces education into a free market environment. As it is now, parents send children to the nearest school, assigned to them by the school district. If a family is wealthy enough and chooses to do so, parents can send children to private schools. However, this family then pays twice for one education. They still pay their taxes, and they pay the tuition for the private school. Under a school choice plan, any parent who decides to send their child to a private school will receive a scholarship from the government, redeemable for tuition at scholarship accepting private schools. The scholarship dollar amount is far below that of the average cost per student per year at public schools, but would allow millions of parents who cannot presently afford private tuition to do so. If a school performed poorly, parents would choose to remove their children, and then send to them to better schools. If a school began losing all its students, and therefore all its funding, the school would desire to improve. Under the current system, government schools get your money whether they are doing a good job or not. Milton Friedman was one of the first people to propose a school choice plan. Since he did so over a quarter century ago, support has expanded rapidly. However, few plans for school choice have actually been enacted. The city of Milwaukee enacted a program designed by future choice icon Polly Williams. She asked the simple yet brilliant question, â€Å"Why not allow tax dollars to go to the schools that are working? † (Harmer, 162) The plan does not allow religious schools to participate, and allows only low-income children to take part. Schools that participate can have no more than 49% of their students are scholarship receiving students. The extremely limited scale demonstration has had little effect on Milwaukee public schools, but has enabled many students to attend better schools. The number of students in the choice program has grown every year, in 1990 there were 341, in 1994 there were 846. (McGroarty, 36) In California in 1993, the Parental Choice in Education Initiative was placed on the ballot. The initiative was defeated by more than 2 to 1. However, proponents were outspent by a factor of 4 to 1. Unions such as the AFL-CIO, Nation Education Association, and California Teachers association raised over $17 million. Proponents raised only $4. 1 million, and were left with only $2. 5 million once they got the initiative on the ballot. (Harmer, 147) Demonstrators attempted to physically prevent people from signing the petitions to get the initiative on the ballot. People deliberately signed the petition multiple times to hamper school choice efforts. One person signed 23 times. Principles and teachers sent home anti-school choice information with children. School boards, such as that of the Los Angeles Unified School District (LAUSD), illegally used public funds and forums to send an anti-choice message. From the standpoint of well to do Washington, D. C. suburbs, a school choice plan may seem unnecessary. Choice plans are not designed to help the upper-middle or upper class children. David Harmer wrote, â€Å"In my travels as president of the Excellence through Choice in Education League (ExCEL), I rarely met rich white suburban Republicans who were desperate for alternative schools. † (Harmer, 114) They already get a good education from government schools. However, rural poor and inner-city children do not have that luxury. For example, in the city of Milwaukee, only 40% of freshman will eventually graduate from high school, and the average GPA for students is a D+. (McGroarty, 30) School choice plans would help these students the most. The people most involved in the education system are the ones who most easily realize the problems of government schools. The Wall Street Journal wrote that, â€Å"The California State Census Data Center, after analyzing the 1990 Census, found that about 18. 2% of the state's public school teachers send their children to private schools. That's nearly twice the statewide average for all households, which is 9. 7%† (Harmer, 28) College entrance exam scores have been dropping across the board, and the US often ranks dead last in international comparisons among industrialized nations. From 1960 to 1992, the average SAT score dropped 76 points. If one were to include the reenterings of the SAT test, scores would drop even further. (Harmer, 19) The landmark study by the National Commission on Excellence in Education, A Nation at Risk, claimed, â€Å"Each generation of Americans has outstripped its parents in education, in literacy, and in economic attainment. For the first time in the history of our country, the educational skills of one generation will not surpass, will not equal, will not even approach, those of their parents. † (Harmer, 25) In addition academic failure, public schools are failing to produce good citizens. According to a Tulane study, 20% of suburban high schooler's condoned shooting someone who had stolen something of theirs. (Harmer, 29) The answer, contrary to what many education reformers claim, is not to throw more money into schools. Only one nation in the entire world spends more money per student, per year than the US, Switzerland. Japan, whose schools consistently outperform those of the US, spends only half as much money per student. Accounting for inflation, per student expenditure has increased 40 percent since 1982, and has tripled since 1960. (Harmer, 38) The image of the â€Å"criminally-underfunded† public school is false. Class size has also failed to improve education. The pupil teacher ratio declined from 25. 8:1 in 1960 to 17. 3:1 in 1991. Even in urban public schools, the ratio is as low as 17. 9:1. (McGroarty, 16) The image of the over crowded inner city school is also false. There is no relationship between spending and educational achievement in grade schools. A recent comparison of per student expenditure and scores on the National Assessment of Educational Progress tests by Forbes and Right Data Associates found the correlation coefficient for a linear relationship between spending and test scores to be 0. 12. (This value could range from -1 to 1, the closer the absolute value of the correlation coefficient is to 1, the stronger the relationship. ) (Brimelow, 52) Where does all the money go? In the LAUSD only 36 % of school funding is spent on teacher salaries, textbooks, and supplies. Thirty-one people are paid over $100,000 a year, only one of which is a teacher. Statewide in California, only 44 percent of the people employed by the school system are teachers. In the independent schools in California, 86 percent of school employees are teachers. (Harmer, 41-43) The situation is the same nationwide. Researcher Michael Fisher found that only 25. 7% of funds reach the classroom in Milwaukee schools. (McGroarty, 21) It is plain to see that throwing more money at schools and calling it reform won't help the situation. Leaders of the National Education Association and its statewide affiliates have done much of the campaigning against proposed school choice plans. They represent the only people who are set to lose because of school choice: the education bureaucrats. Their jobs will no longer be guaranteed by a government monopoly. Many people fear that schools supported by the new choice movements would be fly-by-night institutions that are out to make a profit, teach racial and religious discrimination, and condone violent behavior. However, legislative school choice efforts have placed regulations on independent schools. The Parental Choice in Education initiative in California contained the following items: (1) No school, which discriminates on the basis of race, ethnicity, color, or national origin, may redeem scholarships. (2) To the extent permitted by this Constitution and the Constitution of the United States. The State shall prevent from redeeming scholarships any school which advocates unlawful behavior; teaches hatred of any person or group on the basis of race, ethnicity, color, national origin, religion, or gender; or deliberately provides false or misleading information respecting the school. 3) No school with fewer than 25 students may redeem scholarships, unless the Legislature provides otherwise. These measures would prevent fraud and discrimination. School choice does not condone discrimination. Government already regulates private schools to some degree, and this would definitely not decrease with the use of vouchers. Too many people are under the opinion that private schools are all elite academies or preppy boarding schools, both of which charge admission the price of a college education. However, 95 percent of Catholic schools, and 88 percent of Protestant schools charge tuition under $2,500 a year. Robert Genetski said, â€Å"Average cost data for public and private education indicate that in 1990 the operating cost per student for kindergarten through grade 12 in public schools was $4,841, compared with private school costs of $1,902. † (Harmer, 76) The truth is that even the poorest of parents would be able to afford a private education with a school choice plan. In legislative efforts for choice in California, parents would receive a voucher for half the cost of public schools, which would completely cover the costs of many adequate private schools. It is true that the government would lose money by giving scholarships to students already attending private schools. However, the government gains money by losing new students to private schools, since only half of a students tax money follows the student. The students that leave after school choice is enacted would provide a pool of money that would more than cover current private school attendees. Furthermore, David Harmer, author of the Parental Choice in Education initiative and School Choice: Why You Need It, How You Get It, said that if he had to rewrite the initiative, he would include a measure that would phase in school choice. Each year one new grade would be allowed to participate, starting at Kindergarten, and ending with grade 12. No students currently in private schools would benefit from school choice. (Harmer, 178) Opponents of school choice fear that children with special needs would be left out in the cold, since private schools would deny them admission. However, special education is already dealt with by a voucher type system. Public schools cannot meet the needs of many children, so the government sends these children with special needs to private contractors, such as the local School for Contemporary Education. Children who have special needs are guaranteed an equivalent education by many state laws, and this would not change under a school choice plan. Edd Doerr wrote that, â€Å"Despite repeated and misleading claims to the contrary, vouchers are merely the latest in a long line of attempts by sectarian special interests to channel public money to church-related education institutions. (Doerr, et al, 37) He conjures up images of â€Å"government funded religious schools† that, horror of horrors, teach religion. However, the GI Bill is constitutional! If a student decides to spend money from the government on a religious education, it does not mean that the wall between church and state has come tumbling down. Today students use money from the GI Bill and Pell Grants at religious colleges without any problem. Voucher plans are the exact same thing, except with younger kids. George Bush even called his school choice plan the â€Å"GI Bill for Kids. To say that vouchers fund religious schools is to say that food stamps are government funding of supermarkets. As to cultural balkanization, school choice would not effect this at all. Religious or racial discrimination is not allowed. The claim that society is held together by a â€Å"common school experience† is a faulty argument. Schools exist to teach, not for the sake of existing. Americans respect diversity and freedom of opinion, but somehow a diversity of ideas in education seems anathema. Private schools send a higher percentage of students to college than do public schools. Their students perform better on standardized tests. They operate more cost efficiently. They are directly responsible to the parents of their students, while public schools pay more attention to school boards and administrators. Government schools have had a monopoly on children for far too long. Thanks to their efforts, one third of American seventeen-year-olds cannot locate France on a map of the world. Only one in ten can write a reasonable paragraph or do pre-college mathematics. Every citizen in America deserves a decent education. School choice can make it happen.

Firm Research and Bid Strategy Essay

What truly distinguishes HA Corporation from our competitors is our commitment to building strong bonds with our loyal consumer base. Throughout the nation, and soon the world, our customers trust HA to make their lives easier. Everything we do contributes to building unmatched levels of loyalty to our brands through lifelong relationships with our customers. We are committed focusing on innovation; cost productivity, product quality and consumer value. We continue to improve our global operating platform to ensure we are the best-cost and best-quality appliance manufacturer worldwide. Our supply chain has been transformed to better deliver products to trade customers and consumers. And we are seeing the benefits of these actions today through a stronger network, increased efficiencies and timely deliveries. Our focus now, and in the future, is on more than just creating great products. We’re focused on maximizing the benefits of our worldwide network of resources, which is unmatched in the industry. We’re creating better, more innovative products that improve consumers’ lives—in and around the home—each and every day. And we’re committed to being an agile, global consumer products company that creates value through our inventory and innovations. We know that our compelling and growing brands, fueled with innovation, attract and retain loyal customers for life. With HA’s movement into the international markets, we have prioritized our bid strategies. The following explains our strategy: i.Bid selectively. The company should avoid rushing for each and every opportunity that comes up. First, we will review the contract documentation, request any clarifications, and finally establish whether there exists a match with any of our company’s capabilities. A bidding evaluation form would be generated for all explored solicitations (McVay, 1987). ii.Establish a detailed procedure of estimating checks and possible balances in a way that all important steps and due diligence is observed. iii.Obtain a collection of price quotations from various qualified contractors and subcontractors. It is also important that pertinent details regarding accuracy of prices are fully disclosed. Ensuring that there is enough time to find various elements that could impact a project and also the company’s performance is paramount. iv. Determine company profit margins/risk levels are relevant and necessary to the project. v. Develop a filing system where all completed (successful or unsuccessful) bids are filed for future use and record. Referencing past contract summaries and bids will be useful in future bid proposals. A key point to consider during project selection is the overall corporate revenue potential. A revenue risk analysis would validates the company’s corporate forecasts and at the same time points out areas that possess the biggest risks. Areas that appear very lucrative on paper can actually be contributing the most to reduced revenues due to uncertainty (McVay, 1987). Accounting for the probability of success is essential in the evaluation of a portfolio’s revenue capacity. Assessing the impact on the portfolio of improving the chance of a successful project bid provides a significant competitive advantage. It allows a company to consider withholding bids on projects that could have a major impact on corporate forecasts if lost or unprofitable. As part of the bid delivery, the determination of liability and risk exposure drives the decision making process about the type of contract to enter into—both between owner and contractor or contractor and subcontractor. Performing a risk analysis will provide insight into the types of work that carry such a liability; and therefore support a decision regarding the bid or contract type. Winning a project is essentially a liability to a company until the point of successful completion, and it is handed over to the client. The more lucrative the project, the higher the stakes and risk, the more potential in financial gain. By examining its ability to execute according to plan, a company lessens its chances of taking on a project that would actually be likely to fail (McVay, 1987).

Research Proposal Management Essay

The population of Cameroon is one of diverse backgrounds,with over 260 tribes with each tribe having its own distinct dialect. of which its indigenous population constituting the Youthful and Middle age group. As the first settlers of the territory constituting present-day Cameroon, the Bantus should provide a strong cultural and economic base for the country. Yet throughout this land’s history, the Bantus have always been the segment of the population that has suffered the most. Their exploitation began when the Portuguese â€Å"discovered† Cameron in 1472,later in 1884 came the German annexation of Cameroon: and in 1919: Cameroon was divided between France and Britain: and finally in 1960: was the Independence of French Cameroon, con After Cameroon gained its independence form Britain and France in the 1960’s, the subordination of the indigenous population remained active throughout the years of restucturing and reform. Because the first Bantu-tribes immigrated to Cameroon from North (Nigeria),The English speaking have maintained the lowest level in the socioeconomic hierarchy of Cameroon since after independence. The abuse throughout these five centuries has been manifested through the exploitation of indigenous labor, degradation of Indian culture, lack of political voice, and exclusion from social work programs, leaving indigenous areas without the necessary social and economic infrastructure for their advancement. In Cameroon today, these characteristics plague the areas with a high concentration of indigenous population. The abuse of power and corrupt government practices on behalf of the past and present Cameroonian President coupled with the accepted belief that the Anglophones allowed for two disparate worlds to emerge from Cameroon. One is increasingly modern and industrialized, centered in urban areas in the Center region of Cameroon. It is this vision that leaders of Cameroon actively promote in order to convince the rest of the globe that Cameroon has achieved the status of a Developing or even second World Nation. The other world, hidden from view, is that of the indigenous and peasant population, that lives in abject poverty,misery and oppression. This group suffers from the same marginalization and exploitation that it has endured for the past 50 years. In today’s era of globalization, the situation facing the Anglophone as they are called in Cameroon remains bleak. As Cameroonians moves forward into regional trade agreements, the indigenous must overcome their history and current state of deprivation in hope of advancement. The Cameroonian government has begun to enter the world market through economic liberalization policies initiated in the past two decades. One of the largest was the International Monetary Fund (IMF) and the World Bank. The Cameroon government has began implementing the WTO Agreement on Customs Valuation in July 2001, And the Communaute Economique et Monetaire de l’ Afrique Centrale (CEMAC) which established a free trade region between Cameroon and most countries of the franc zone like Tchad,Central african republic, Congo. Gabon. And Equatorial Guinea. States. Reforms necessary for the implementation of the WTO Agreement have proved to be detrimental to the indigenous population in Cameroon and sectors that were poor prior to the WTO are falling farther behind. Yet the Cameroonian government continues to plow forward, negotiating larger regional trade agreements with its neighbors for the good of the already wealthy sector of the population, leaving the Anglophones open to further marginalization. A practical example of this marginalization is found in the south and northwest regions which are purely English spraking regions The Anglophones in Cameroon, whose social situation is one of the bleakest in all of West Africa. lack basic human rights, a political voice, schools, hospitals, electricity, and clean water. As Cameroon pushes further ahead with its economic reforms, the few programs that had been in place to aid the English speaking have been repealed, and the Anglophones continue to be ignored. Throughout history, these Anglophones have been repealed, and the Anglophones continue to be ignored. Throughout history, these Anglophones have endured poverty, exploitation, and oppression, while attempting to revolt and ignite change. Yet no movement has ever been successful. With the advent of WTO and further global integration, the Anglophones realized their situation would only continue to worsen if they did not begin to fight for change. To cut things short my thesis paper examined both the manifest and latent functions of Social work in the protection of the indigenous population within the Cameroonian society, specifically in the English speaking region. It examined the prospect for the Southern Cameroons National Council (S.C.N.C)Movement to meet with future success; analyzing the role that Social work will play in this movement’s effectiveness. Globalization, with its increasing connectedness and spread of technology could prove to be a beneficial tool in the process of gaining solidarity and support. Or globalization could allow for the gap between the rich and poor on both a national and international level to grow, leaving the poor segments in oblivion. This problem is not limited to Cameroon. As the world economy has become increasingly interdependent, the emergence of trans-national social movements may produce serious consequences for citizens in many nations. If these protest movements gain enough support, every person alive has the potential to be affected in some way. To accomplish this research, I have read and will continue to read many books, magazine, newspaper, and journal articles on the history of Cameroon, the treatment of the indigenous population, liberalization policies that have been implemented, and the S.C.N.C Movement.