Company law case study analysis Example | Topics and Well Written Essays - 2000 words

Company law analysis - Case Study Example ny is a commercial organization that joins the pass-through taxation of a sole proprietorship or partnership with the limited liability of an organization. However, it is not a corporation, rather, a legal type of a business that offers its owners limited liability at various jurisdictions. Advantages of forming a limited liability company (LLC) include; it involves protection of the company’s assets. It will offer a restricted liability security to them, as the owners, for they are not individually responsible for the company’s liabilities or debts. Therefore, creditors will not chase their personal assets, such as the building, savings accounts, among others, in attempts for them to pay the business debts. In addition, forming an LLC will offer a pass-through taxation, in that; they will not have to pay any taxes at the business level. Any company loss or income will be "passed-through" to them, as the company owners and recounted on their individual income tax returns. Any due tax will, therefore, be paid at the individual level (Martin, 2011, p.28). Another advantage is that there is heightened credibility, whereby, this form of accompany night assist their new company create reliability with its prospective vendors, partners, and customers, since the y will the owners have made an official obligation towards the business (Hollowell, Miller, Clarkson &Cross, 2012, p.58). In addition, if needs limited compliance requests in that, the company will face lesser state-enacted yearly requirements than other forms of corporations. It also has a flexible management structure, such that, they will be free to form any business structure that they will agree on. Therefore, the owners can choose to manage the company or have managers to do so for them, unlike in major corporations that have board of directors and managing officers manage them. Lastly, this kind of a company has less restriction, in that, it they will not be limited on whom an owner can be or the

Elementary School and Middle School Essay Example for Free

Elementary School and Middle School Essay Transitioning from elementary school to middle school is something we all have or had to do! Most kids cringe at the thought of making this huge step in life. For many students this transition can be a time of mixed emotions. Having been through this experience, I will compare and contrast the two, hoping that this will give you a clear picture of elementary and middle school. Elementary and middle school have distinguishable characteristics. In elementary schools, you basically have your homeroom teacher and one other teacher. The movement of students is very limited and you are mostly escorted by a teacher. Teachers are more understanding and are not as demanding because of the student’s age. Fun days are set aside as an award for students that have done what is expected of them. Most of the children are placed in classroom with the same students each year. Elementary school is very important in our young student’s lives; this is where it all starts. However, middle school students are expected to execute their daily tasks without assistance. Teachers are there to direct the students in right direction; everything else is left up to the student. Middle school students have several different classes, in each class it is usually a different teacher. Students have lockers to store their books and other supplies. In middle school students are required to be more independent and serious about school. Elementary school set the pace for all other levels of schooling. Students enter elementary school learning all the basic aspects of school system and the learning process. At this stage in life most students are eager to learn and get excited to learn new things. Elementary is the main point of delivery, it introduces social skills, behavioral adjustments, and basic academic learning. Middle school prepares students for higher education. Ultimately, middle school bridges the gap between elementary and high school. It is definitely a different experience than elementary, but it prepares students for their future and encourages them to be more independent. Elementary schools and middle schools also have common qualities. They are both open Monday through Friday on the same days. Each day students eat lunch at a designated time. All students are expected to sit in desks in an appropriate manner. Teachers require students to be respectful and display good behavior at all times. Homework is given on a daily basis and class discussions are routine also. School is essentially school with minor differences. Each school level has its own pro’s and con’s, they are also very similar. They each have their own benefiting factors and they are used to their advantage. School systems up this way because it is initially what works in our culture. Elementary and middle schools are stepping stones that that help us get from one place to another in our academic life. Each level is an important standpoint for academic excellence and they should be taken seriously so that you can be an effective student/learner.

A World Without Cars Essay -- Environment Pollution Ecology Essays

A World Without Cars James Q. Wilson the author of the article "Cars and Their Enemies" briefly ponders the possibility of our world without personal automobiles. He speculates whether our current society would welcome the invention of the personal automobile into a fictitious world without cars. Wilson immediately answers no. Wilson knows, as many well-informed individuals and experts do, that the personal automobile is responsible for contributing to pollution, destruction of rural and wilderness land, and depletion of natural resources. And an advanced society such as we live in today would not likely choose to burden our health, land, and resources for the sake of luxury and convenience, or at the very least, the personal automobile would not be as accessible as it is today. Because, in all reality, our current society does embrace inventions that compromise our society's well-being such as oil and chemical refineries, pesticides, and even convenience foods such as fast food and many refined prepacka ged foods. Wilson's opinions in his article, "Cars and Their Enemies" and discussions I have had on-line in the 305 class about Wilson's article have demonstrated to me that the personal automobile is an example of how many people are unwilling to acknowledge how personal convenience and luxury contribute to the deterioration of our world. Wilson's encouragement to the readers of his article to imagine life as we currently know it without the automobile begins with Wilson outlining exactly why the personal automobile is destructible in so many ways. He points out that academic and social critics believe that cars "burn fuel inefficiently" (304) ejecting "large amounts of unpleasant gases into the air" (304); "vast quantiti... ... of the personal automobile has damaged and continues to damage our world certainly provides a more informed awareness. Awareness, knowledge, and understanding possibility can lead to solutions to work towards improving the world we currently live in and the world in the future. However, I feel that it is a battle between selfish and personal desires and the urgent needs of our society and world. Even if an increased awareness and desire to work towards alleviation of the problems of pollution, outward expansion, and depletion of natural resources occurs, I'm afraid, as time goes by, it is becoming increasingly too late. I think the cliche, hindsight is 20/20 is certainly applicable here. Works Cited Wilson, James Q. "Cars and Their Enemies." The Presence of Others. Ed. Lunsford, Andrea A., and John J. Ruskiewicz. Boston: Bedford/St. Martin's, 2000. 303-313.

Sir William Wallace :: essays research papers

The Help of Sir William Wallace Sir William Wallace is one of Scotland’s greatest generals and was a great help towards the freedom of Scotland because he brought patriotism to the minds of his fellow Scotsmen in order fight for the freedom for which was nearly taken away by the their English neighbors. He would ride through Scotland gathering clans both from the high and lowlands. Over the years after his death, Scots have proclaimed Sir William Wallace as their countries hero and the man who made freedom run through the blood of so many who were by his side.   Ã‚  Ã‚  Ã‚  Ã‚  Hundreds of years before the time of Sir William Wallace, Roman troops tried to conquer parts of Scotland but failed. The savagery of the Scots put the fear in the Romans and caused them to build Hadrian’s Wall. The wall separated Scotland and England (which was part of the Roman Empire). When the great empire fell to destruction by many Germanic tribes, Scots began to live a more peaceful life. During the Norman conquest of 1066, a group of people called the Normans invaded England, killed many Anglo-Saxon and Celtic tribes, and took over the country. England was now under Norman rule and would stay that way. (Compton’s Home Encyclopedia CD Rom)   Ã‚  Ã‚  Ã‚  Ã‚  In 1296, English troops invaded the lowlands of Scotland burning villages, killing innocent Scots, and trying to over rule the vast countrysides of the lowlands and the highlands. The new ruler of England, King Edward I the Long Shanks, started all this. He believed that he should have control of the whole island itself. His idea about conquering Scotland was that if he can’t beat them out, then he could breed them out. He brought the old English custom called Prima Noctes; if a woman is married in the country of Scotland, an English lord has every right to take her away from her husband for a few days and have his ways with her. Clans of lowlanders came together to form an army. It took awhile for the highlanders to know about this. Conflicts brook out between the Scottish rebels and English troops. Bows and arrows and other combat weapons were taken from the Scots except for their swords and axes. (Compton’s Home Encyclopedia CD Rom)   Ã‚  Ã‚  Ã‚  Ã‚  The answer to Scotland’s problems came with the birth of William Wallace. His exact date of birth is unknown but he was born in the 1270’s.

Animal Farm Essay

This is shown perfectly in Animal Farm. In the beginning animals went against Mr. Jones due to the way they were being treated. The animals felt that the farmers received all the goods for the work they did. So they created a government named Animalism, based on the Old Major’s vision. In Animalism, there are no owners, no rich, but no poor, workers got a better life, and all animals are equal. The animals established the Seven Commandments, which were laws created by the pigs to protect animals. The goals of the government were also set up. The goals said that everyone was equal, there would be more food and sleep for all, there was to be respect for all animals, and they would build a windmill to make life better for all. All this didn’t exist by the end of the book. The animals were getting less sleep, less food, and less respect. The windmill became a source of money for the leaders, not for all the animals. The seven commandments were gradually changed to suit the just the pigs until there was only one commandment left. This commandment said that some animals are more equal than others. This was the exact opposite of what they originally intended to achieve. Animalism no longer existed. The pigs began by to act more like humans, whilst at the same time changing the meaning or literally changing the laws. At the start they managed to change the meaning of all animals are equal, by asserting themselves as the â€Å"brain-workers† and taking the milk and apples. Over the years they start trading with animals, drinking alcohol, sleeping in beds, making animals enemies and killing animals. Napoleon also becomes an egomaniac and has a food taster, has dogs to guard him at all times, gun is fired on his birthday, etc. this just goes on to show how he is becoming more like a human. Later on the remaining pigs also took up whips, walked on hind legs, started to wear clothes and played cards. The pigs have now taken up the role of a dictator and rule through force via the dogs, propaganda via Squealer and using the sheep’s new slogan – â€Å"four legs good, two legs better†, which destroys the whole meaning of the of the rebellion. Napoleon only cares about his wellbeing and getting as much power as possible. This is evident when he starts doing business with the humans just to get more money and when he sells Boxer to the horse slaughter for money for alcohol. The final commandment stands as a great example of how those in power manipulate language as an instrument of control. . At the beginning of the novel, the idea of â€Å"more equal† would not only have seemed contrary to the democratic socialist spirit of Animal Farm, it would have seemed logically impossible. But after years of violence, hunger, dishonesty, and fear, the spirit of Animal Farm seems lost to a distant past. Could anyone give some constructive criticism on this essay please?

The Deadly Effects of Pain and Hopelessness

The Deadly Effects of Pain and Hopelessness Hashtag: #WorldSuicidePreventionDay The Deadly Effects of Pain and Hopelessness Pain according to a clinical study has been associated with the desire for hastened death but people experiencing severe depression and hopelessness are more likely to develop suicidal ideation.   Suicidal ideation according to the study performed by a Pain and Psychiatry Services group among cancer patients was not directly caused by intense pain but the degree of depression and mood disturbances. This is because although majority or 87% of the 185 cancer patients who had experienced significant pain and expressed their desire to end their lives, none of them intend to act.   Since patient’s perception of poor relief, a state often associated with aspects of hopelessness and subsequent desire for hastened death, pain is an indirect but powerful contributor to suicidal ideation. Pain according to the literature affects a person’s quality of life, sense of control, and weakens the ability of family members to provide support; pain, not motives is the most cause of suicide thoughts and behavior on campus.   Along with risk factors such as difficulties in the relationship, substance abuse, impulsive and aggressive behavior, family history, and others, 1 in 10 college students seriously considers suicide due to significant depression. The most common and most painful is the death of a loved one and associated grief as such can trigger an assortment of negative reactions such as anxiety, remorse, rage, and other. However, assessment of the student’s suicidal intention suggests that in terms of determining how far a student will go (including death), knowledge and understanding of student’s perception regarding the pain are more important than his or her situation. This is because, in a suicidal person experiencing extreme psychological pain or â€Å"psychache† a term coined by Edwin Shneidman in 2005, anything that is perceived as a viable solution to escape his or her emotional desperation and unbearable emotions can lead to escalation. Want to know more? Go here: Relieving Students School-Related Stress The Killing of Three Muslin-American College Students Violence against Female University Students Womens Right to Education The Misdemeanors of Well-Educated People in Public Office Warning Signs, Triggers, Risk and Protective Factors Some of the warning signs that a person experiencing intense pain  and extreme emotional desperation will take his own life   include withdrawal, giving away his or her prized possessions, talking about death, refusing help, verbal threats, and others. The conditions that will likely trigger pursuit of suicidal ideation, on the other hand, include embarrassment, bullying, sudden transitions or change of circumstances, substance abuse, conflict, bullying, and others. Risk factors are gender, race, cognitive or emotional, others. Study of suicidal behavior in high school and college students suggests that predictors of suicidal ideation are similar to both genders and races. Males reported greater loneliness and substance abuse than females. Depression and suicidal ideation are common among females, but they fear death and injury more than males who, according to the study have greater fear of social disapproval. Carrying a weapon at school is predictive of suicidal attempts among males of all ethnicities while perceived parent and family connectedness is a protective factor for black, Hispanic, and white boys and girls.   Finally, in terms of coping and help seeking attitude, boys often used maladaptive coping strategies such keeping the problem to themselves, hiding their feelings,   and using drugs and alcohol.

Anabolic Steroids essays

Anabolic Steroids essays Anabolic Steroid Use in the Olympics Canadian track star Ben Johnson was denied his gold medal in the 1988 Olympics after he tested positive for anabolic steroids. This incident sparked worldwide attention to the extent of anabolic steroid use. To date, the International Olympic Committee has barred the use of seventeen anabolic steroids. Other organizations, including The National Football League, National Collegiate Athletic Associations International Amateur Athletic Federation, and the International Federation of Body Builders have followed suit. Athletes and non-athletes alike are still abusing anabolic steroids to excel in sports. Anabolic steroids belong to a group of androgenic drugs. They are synthetic derivatives of testosterone and other male hormones. Most healthy adult males produce 2-10 milligrams of testosterone per day. Females produce trace amounts of this hormone. The hormone helps the body retain dietary protein, which aids in the growth of muscles, bones, and skin. They can also affect aggressiveness and sex drive. Steroids tend to mimic testosterones body building traits, while minimizing the masculine effect. The adrenal glands in women and young boys produce very little testosterone. It is the increase in the production of testosterone in young males that precipitates puberty. The anabolic effect of testosterone during puberty includes deepening of the voice, increasing muscle mass and strength, and decreasing body fat. All of this takes place without exercise or training. Anabolic steroids can be taken by injection, by mouth, by skin creams, or patches. Steroids are often taken in six to twelve week cycles. The dosage depends on the sport, as well as the perceived needs of the athlete. Depending on what they want to achieve, athletes control how they respond to the drug and the physiological effect it has on them. Athletes often take far higher doses of anabolic steroids th...

Free Essays on Sulla And Ceasar

Contrast of Plutarch’s Lives of Sulla and Caesar An interesting, but dramatic understanding of roman history can be reached by analyzing the differences in the Lives of Sulla and Caesar, specifically the effect and uses of money during their rise to power. Plutarch’s writings give insight on not only those great men, but on Plutarch himself. The use of money, either for bribery, compensation of soldiers, or public displays was instrumental in both men’s lives. Sulla’s greediness and love of vulgarity is characterized, as well as Caesar’s generosity towards supporters who were running for office. Sulla rejected his hereditary poverty and flaunted his wealth in lewd ways, while Caesar’s noble beginnings are shown by his more stylish way of handling financial matters. Analysis of any of Plutarch’s works must be qualified by the idea that he is not a historian, but had an in depth knowledge of ancient history that he presupposes his readers to have (Scardigli 67). His accounts have more to do with character and morals than with historical significance. Since he lived and wrote after these events had taken place, he had no particular agenda to fulfill. As said by Plutarch, â€Å"So very difficult a matter it is to trace and find out the truth of anything by history, when, on one hand, those who afterwards write it find long periods of time intercepting their view, and, on the other hand, the contemporary records of any actions and lives, partly through envy and illwill, partly through favour and flattery, pervert and distort the truth.† (Fuller II). This quote generally summarizes his attitude towards actual chronological history. He was more interested in the drama of each individual’s success or failure (Plutarch 8). With regard to this, connections can be found between Sulla’s failures and immorality with his use of his monetary gains. Plutarch illustrates his views on Sulla’s greediness with his immedia... Free Essays on Sulla And Ceasar Free Essays on Sulla And Ceasar Contrast of Plutarch’s Lives of Sulla and Caesar An interesting, but dramatic understanding of roman history can be reached by analyzing the differences in the Lives of Sulla and Caesar, specifically the effect and uses of money during their rise to power. Plutarch’s writings give insight on not only those great men, but on Plutarch himself. The use of money, either for bribery, compensation of soldiers, or public displays was instrumental in both men’s lives. Sulla’s greediness and love of vulgarity is characterized, as well as Caesar’s generosity towards supporters who were running for office. Sulla rejected his hereditary poverty and flaunted his wealth in lewd ways, while Caesar’s noble beginnings are shown by his more stylish way of handling financial matters. Analysis of any of Plutarch’s works must be qualified by the idea that he is not a historian, but had an in depth knowledge of ancient history that he presupposes his readers to have (Scardigli 67). His accounts have more to do with character and morals than with historical significance. Since he lived and wrote after these events had taken place, he had no particular agenda to fulfill. As said by Plutarch, â€Å"So very difficult a matter it is to trace and find out the truth of anything by history, when, on one hand, those who afterwards write it find long periods of time intercepting their view, and, on the other hand, the contemporary records of any actions and lives, partly through envy and illwill, partly through favour and flattery, pervert and distort the truth.† (Fuller II). This quote generally summarizes his attitude towards actual chronological history. He was more interested in the drama of each individual’s success or failure (Plutarch 8). With regard to this, connections can be found between Sulla’s failures and immorality with his use of his monetary gains. Plutarch illustrates his views on Sulla’s greediness with his immedia...

Financial and Corporate Actions of Laird plc Essay

Financial and Corporate Actions of Laird plc - Essay Example Materials division manufactures equipment that shields electromagnetic interferences, thermal management systems, signal integrity equipment, etc (Laird, 2014c). The global electronics and instruments industry has seen a growth of 4.3 percent in the year 2011 and has been evaluated at $1,844.3 billion (MarketLine, 2012). This study is focused on the company’s financial details including the company turnover, industry performance, and market report and market share. It also includes the last few years’ financial performances of the company, its financial activities and its internal and external performance analysis. As stated in the above figure, the company had made the highest revenue in 2011, as it discontinued some of its operations that year, which added to the total revenue (Laird, 2014e). However the revenues generated from the continued operation has been increasing:  £491.3 min 2011,  £520.2 min 2012 and  £537 min 2013 (Laird, 2014d). The profitability has decreased severely in 2011 and again increased in 2013, but in the recent year, it has been seen to have a downward trend (Laird, 2014d). The downward trend is mostly because of the lower sales volume due to high competition and the high fixed cost of operation (Morningstar, 2014a). The operating profit has increased from 2011 and is almost steady in past two years. It is clearly seen that after discontinuing some of its operations, Laird has increased its profitability. In the last year, i.e.2013, the Performance Materials division made revenue of  £342.8 million, which is 6 percent more than previous year’s revenue that is  £324.7 million. The IT and Telecom sector made the maximum revenue of 35 percent, followed by the Smartphone business which made 24 percent. The Wireless Systems division made revenue of  £194.2 million which is 1 percent less than the previous year that is  £195.5 million.  

Compare and Contrast the Western and Middle Eastern Culture Essay

Compare and Contrast the Western and Middle Eastern Culture - Essay Example Eating with fork and knife is culture in the west but eating with hand is culture in the Arab world. Cultural differences can be found in all aspects when we compare the east and the west. Even when we commence a business activity in a foreign land we need to give importance to the culture followed so that the company is accepted globally. Situated between Africa, Asia and Europe, the Middle East has been the dream destination for travelers, empire builders and traders. The population includes Kurds, Iranians, Arabs, Jews, Turks, Armenians, and Nubians. The diversified population gives rise to the cultural richness in Middle East. Completely in contrast to the eastern culture, the western culture evolved in ancient Greece, slowly spreading over the European countries. The two traditions which contributed to this culture is the inheritance of the classical culture and Christianity. Today this culture has moved out of European countries and gradually spread across the entire globe. This culture mainly dominates in the central European nations and western countries like the US and Canada. We can also see the increasing influence of this culture in Asian nations like India, China, Thailand and Singapore with the liberalization of the economy. The people of the eastern world give great importanc... The people of the Arab world follow Islam. The Koran is the holy book which is considered as a spiritual guide, a system of law, code of ethics and a way of life. All Muslim members are expected to read the holy book everyday. The teachings of the Koran forms the foundation for Islamic culture and tradition. The teachings of Prophet Muhammad are considered paramount in the Koran. Friday is considered as the holy day and no business activity takes place on this day. Facing east (direction of Mecca), kneeling, forehead and palms touching the floor, Muslims pray five times a day and Friday noon prayer is led by a spiritual leader. All the male members of a Muslim family go to mosque compulsorily and the female members pray at home. All Muslims are expected to make a pilgrimage or Hajj to Mecca once in their lifetime. The month of Ramzan is considered as the holy month for rejuvenating oneself by abstaining from food, drinks and personal pleasures in the daylight. (Religion in the cultur es of Middle East. 2006). However, the Christian religion dominates the western culture. The Bible is considered as the force which has created religious identity to the western culture. The religion encourages freedom of expression and speech to both genders equally. Christmas, Easter and Thanksgiving are the important celebrations of this culture. Sunday is considered as the holy day and no business activities takes place on this day. The Vatican City is the place of pilgrimage for this religion, and decisions taken by Pope play an important role, in the progress of the world economy, as the Christian population remains the largest in the world. Family and

HOUSING MANAGEMENT & MAINTENANCE Essay Example | Topics and Well Written Essays - 2500 words

HOUSING MANAGEMENT & MAINTENANCE - Essay Example l as the community is being managed by other members of the community who are responsible for administering the building and resolving its salient issues such as planned and unplanned maintenance. Generally the chosen building displays full occupancy all year around with most people belonging to the working class residing. Meanwhile some residents are part time students as well as part time workers (for gas stations, super store, take away and the like). The building is a typical skyscraper built along the beams and columns design principles. The entire building is composed of beams and columns that have been created using concrete as well as steel. Steel cages have been intertwined with poured cement in order to create the beams and columns. The floors have been constructed similarly although the composition of the steel frameworks or cages is far denser in the floors than in the beams and the columns. A few places in the building are also reinforced using structural steel although it is not highly visible. Adequate cladding in these areas ensures that the structural steel is not totally visible although some structural steel can be seen due to damaged cladding. The beams and columns are relied on to create different apartments such that all apartments have access to some form of ventilation in the shape of windows that are exposed to the outside environment. The matrix like structure created through the use of beams and columns is such that apartments exist on all the exposed faces of the building while hallways exist in their middle to provide access to the apartments. Within each typical apartment the external windows are all created using glass. These windows may stretch for entire man height in some areas while in others they are restricted to between 1.5 feet and 3 feet. The internals of the apartments are all done in concrete such as the beams and columns and the floors and roofs. The external shells of the apartments (the walls mostly) are done with

Symbolism, Poetic Realism and Poetic Tragedy in 'A Streetcar Named Essay

Symbolism, Poetic Realism and Poetic Tragedy in 'A Streetcar Named Desire' - Essay Example Rather than let go of her illusions, or lose herself, Blanche descends into insanity, telling the doctor at the end of the play, Blanche has a poetic quality in her speech, whereas Stanley is down-to-earth, crude and cruel, reflecting the brutality Williams has given him. When they talk together, they might really be trading punches or throwing stones at each other. In Scene 2, when he demands the papers regarding the loss of Belle Reve (Beautiful Dream, a major symbol) their exchange suggests a fight with more than mere words. Her language never loses refinement, grammatical correctness or poetic inference, while Stanley appears to have little education or regard for the proper use of English. He relies on fact, she, on fantasy. Blanche, white, for purity and truth, and light. She fears light, it will show her as she truly is and destroy the pure and beautiful facade she wants to create, especially for Mitch, yet she refers to the death of her young husband as, She considers that time and that light in her life to constitute the purity and innocence she pretends to still possess. Making Mitch cover the light bulb with the Chinese lantern symbolizes her fear of exposure, her aging, her past, and her loss of all illusions. Her constant singing of 'Paper Moon is almost a cry for acceptance - 'but it wouldn't be make believe if you believed in me'. How poignant those words become when Mitch confronts her with her lies and tries to rape her. Both the polka and 'flores para los muertes' come together in Scene 9 as a powerful symbolic message of Blanche's loss. Sex and death are threaded throughout the play, and Blanche sees desire as the opposite of death to explain her sexual encounters with the young men back in Laurel. She is signing the death warrant of her dreams, of a life with Mitch. The polka, or Varsoviana Waltz is introduced on the night her husband killed himself, again sex and death linked, and it appears each time she speaks of him. As Stanley goads her closer to madness, we hear it, and she hears it in her head, together with the voices, music and noises of life outside Blanche's illusory 3. world. The sounds are symbolic of her diminishing sanity, existing only in her head, or are they telling the audience what a harsh, wild place the real world can be Conversely, the 'blue piano' symbolizes life, sex, love and vitality for Stella and Stanley. It means life, the polka means death. Elysian Fields, from Greek mythology is a happy resting place for

Emotional appeal In advertising Essay Example | Topics and Well Written Essays - 2250 words

Emotional appeal In advertising - Essay Example Definitely, these individuals hope to inform the public, persuading them to make purchases or consider the idea on sale. The ultimate goal for advertising is increasing a firm’s sales revenue by winning customer loyalty or attracting new customers to purchase the good.as advertisers seek to make sales through advertising, they establish a relationship between the organization and the target audience. The mode of advertising chosen to convey the message to the people, the target audience, and efficiency of the message contained in the advertisement determines the success of the advertisement. The various forms of advertising available for organizations to exploit when selling ideas and information about their commodities include the point and non-print media. Regardless of the method chosen in an advertisement, information contained in the advert determines the reaction of the people towards that particular advertisement. To capture the attention of the people, advertisers use different means such as creating an emotional appeal to the audience. Discussed in this essay are the various emotional appeals organizations use to capture the attention of the audience, convincing them to purchase their goods. The essay seeks to prove that the manner in which an advertiser creates an advert and the kind of information contained in the advertisements most cases determines the success of the advert. It also seeks to prove that emotional appeal plays a significant role in convincing people to purchase one product and not the other. Relationship between consumers and advertising A big relationship exists between advertisers and the target customers, points out Hansen & Christensen (2007, p. 117). The main relationship between the two is the main reason for the advertising either a product or a service. Whenever an advertising agency sends out an advert to the public, people get to watch, listen, or read about it. This starts the relationship between the two parties. H owever, it is the duty of the advertiser to maintain the relationship, by keeping an advert running in the selected media platforms. If the advertisement stops running in the various forms of media selected, this automatically ends the relationship between the advertiser and the customers. Thus, aggressive advertising solidifies the relationship between the advertiser and the customer. However, not all advertisements are appealing to the audience. While creating an advert, putting into consideration the audience targeted, the media used and the kind of information to send to the audience. Accordiong to Donthu et al. (2004, p. 6) any form of information communicated to the audience should possess a moral appeal to the target audience. Morality of the information, a significant factor to the success of any particular advert, hopes to capture positively target customers. As such, information contained in the advert should have a moral appeal to the audience. As such, it should have no offence whatsoever to the concerned parties and individuals. Age is yet another important element to consider while creating an advert. Demographic factors influence the impact of an advert to the target audience. Not all adverts have the same impact to all people, just as not all adverts target all people. What appeals most to children does not have a similar influence to the youth band the young adults. Similarly, it has a different effect to the old people. Therefore, spending a considerable amount of time determining the kind of infor

Symbolism, Poetic Realism and Poetic Tragedy in 'A Streetcar Named Essay

Symbolism, Poetic Realism and Poetic Tragedy in 'A Streetcar Named Desire' - Essay Example Rather than let go of her illusions, or lose herself, Blanche descends into insanity, telling the doctor at the end of the play, Blanche has a poetic quality in her speech, whereas Stanley is down-to-earth, crude and cruel, reflecting the brutality Williams has given him. When they talk together, they might really be trading punches or throwing stones at each other. In Scene 2, when he demands the papers regarding the loss of Belle Reve (Beautiful Dream, a major symbol) their exchange suggests a fight with more than mere words. Her language never loses refinement, grammatical correctness or poetic inference, while Stanley appears to have little education or regard for the proper use of English. He relies on fact, she, on fantasy. Blanche, white, for purity and truth, and light. She fears light, it will show her as she truly is and destroy the pure and beautiful facade she wants to create, especially for Mitch, yet she refers to the death of her young husband as, She considers that time and that light in her life to constitute the purity and innocence she pretends to still possess. Making Mitch cover the light bulb with the Chinese lantern symbolizes her fear of exposure, her aging, her past, and her loss of all illusions. Her constant singing of 'Paper Moon is almost a cry for acceptance - 'but it wouldn't be make believe if you believed in me'. How poignant those words become when Mitch confronts her with her lies and tries to rape her. Both the polka and 'flores para los muertes' come together in Scene 9 as a powerful symbolic message of Blanche's loss. Sex and death are threaded throughout the play, and Blanche sees desire as the opposite of death to explain her sexual encounters with the young men back in Laurel. She is signing the death warrant of her dreams, of a life with Mitch. The polka, or Varsoviana Waltz is introduced on the night her husband killed himself, again sex and death linked, and it appears each time she speaks of him. As Stanley goads her closer to madness, we hear it, and she hears it in her head, together with the voices, music and noises of life outside Blanche's illusory 3. world. The sounds are symbolic of her diminishing sanity, existing only in her head, or are they telling the audience what a harsh, wild place the real world can be Conversely, the 'blue piano' symbolizes life, sex, love and vitality for Stella and Stanley. It means life, the polka means death. Elysian Fields, from Greek mythology is a happy resting place for

Research Assignment Example | Topics and Well Written Essays - 500 words - 3

Research - Assignment Example The study involves a population of 656 care workers from 14 nursing homes in Korea (Ha et al., 2014, p. 426). The nursing homes have a capacity of more than 50 elderly residents where the administrators agree to participate in the study (Ha et al., 2014, p.426). The researchers requested the administrators to distribute the questionnaire to their care workers to ensure that the sampling process had the required authorization. The study involves a structured questionnaire survey on the identified population conducted for 14 days (Ha et al., 2014, p. 426). Clearly, the sampling process used in this context manifests simple random sampling method. There are controls on the timeframe, population characteristics, location of the sample, and capacity of the sample units. The nursing homes in Korea define the sampling frame while the 14 nursing homes in Korea with a capacity of more than 50 elderly residents defined the sampling unit (Ha et al., 2014, p. 426). Moreover, the study defines care workers from the 14 nursing homes in Korea as a sampling frame. Having established a list of population elements, the researchers selected a random sample of 504 care workers working at 14 nursing homes who agreed to participate in the study (Ha et al., 2014, p. 426). Apparently, the researchers examine the descriptive statistics of the participants. The researchers conduct the reliability and validity tests for all the structured questions. As required in simple random sampling, the researchers use a computer program, SPSS 12.0 for Windows to conduct statistical analysis on how to conduct random selection of the research subjects (Ha et al., 2014, p. 427). The research subjects include organisational support, high-performance work practices, turnover intention, and organisational commitment (Ha et al., 2014, p. 426). The sampling method used in the study is very effective.

Emerging Infectious Diseases Essay Example for Free

Emerging Infectious Diseases Essay Emerging infectious diseases are diseases that are new or changing, and are increasing, or have the potential to increase in incidence in the near future. (Pearson, Microbiology) Some important contributing factors to the development of EIDs are evolutionary changes in existing organisms, the movement of previously identified diseases to new geographic locations and populations by modern transportation, and increased human exposure to previously undocumented, uncommon infectious agents in areas of ecological growth or change. This includes previously uninhabited areas that may be undergoing deforestation or construction. EIDs also emerge as a result of resistance, and in recent years, an unusually high incidence of EIDs has drawn the attention of the global population in reaction to unsatisfactory health care facilities and geographic locations with tendency toward breakdown of public sanitation measures. (Pearson, Microbiology) Avian Influenza A (H1N1), or bird flu, became a subject of global attention in 2003 when it caused he death of millions of poultry and 24 humans in eight countries in central and south Asia. Avian Influenza A is transmitted by birds around the world, however, certain wild birds, particularly waterfowl, do not get sick but instead carry the virus in their intestines and release it through their excretions. Most frequently, wild birds spread influenza to domesticated birds and poultry farms, where the virus causes death. Most avian influenza viruses actually do not naturally cause disease in humans. However, some Influenza strains, like Avian Influenza A, are zoonotic, meaning that they can infect humans and cause disease possibly resulting in death. World Health Organization) The NS1 protein of the influenza virus is the most critical virulence factor that allows it to antagonize the host’s antiviral response. In doing this it employs several mechanisms, including the binding and sequestration of double-stranded RNA. The structure of full-length NS1 protein has now been identified using samples from a virulent H5N1 avian influenza virus strain. â€Å"The molecules RNA binding domain displays noticeable differences when it is compared to that of the non-H5N1 strains, whereas the effector domain is significantly altered. The two domains interact in such a way as to form tubules that may act to sequester dsRNA, allowing the virus to evade the hosts innate immune response. † (International Weekly Journal of Science) The following groups od individuals are at an increased risk for contraction Avian Influenza A: Farmers and others factory farm workers who handle poultry, Travelers who may be visiting visiting affected countries during an outbreak, Those who touch an infected bird, or Those who consume raw or undercooked poultry products from birds infected with the disease. Health care workers may also be at an increased risk of contracting the bird flu from an infected patient. (NYT Heath Guide) The avian flu virus (H5N1) has been proven to survive in the environment without the help of a human or animal host for long periods of time. Infection is possible simply by touching contaminated surfaces. Birds who were infected with Avian Influenza A can continue to foster the virus and release it in their excretions for as long as 10 days, and are still a risk after death. NYT Health Guide) Infection with the H5N1 virus in humans causes flu-like symptoms that often progress quickly to more adverse complications such as Acute Respiratory Distress, Organ failure, pneumonia, sepsis or death. The initial onset of symptoms may include cough, diarrhea, difficulty breathing, unusually high fever, headache; muscle aches, a runny nose or a sore throat. NYT Health Guide) Tests to verify Avian Influenza in an individual exist, but are currently not widely available to the public. If you are unable to receive a preliminary test which yields results in four hours, your physician may also conduct the following tests: Auscultation, to detect abnormal breathing and lung function, a chest x-ray, a nasopharyngeal culture and blood work, all to determine the presence of the virus in an individual based on their bodily immune functions. (World Health Organization) Many strains of the influenza virus have become resistant to the effects of the antiviral drugs that were previously being used to treat them. Health officials are now recommending the use of Oseltamivir, known as Tamiflu and possibly Zanamivir, known as Relenza as the newest, most helpful pharmaceutical treatment options. (Mayo Clinic) These drugs must be taken within forty-eight hours after the appearance of symptoms in order to be effective, but this may prove as a roblem in the vent of a global outbreak. Because of the short supply, its not entirely clear how Influenza drugs would be distributed and administered if there were an epidemic of global proportions. In terms of prevention, physicians recommend that all healthy patients receive an influenza shot (commonly called a â€Å"flu shot†) to reduce the likelihood of an existing avian flu virus mixing with a human flu virus, which would create a new virus that may easily spread and cause an epidemic. The U. S.  Food and Drug Administration has approved a vaccine to protect humans from the avian flu, and experts say that the vaccine could be used if the current H5N1 virus began spreading between humans. (NYT Health Guide) Human infections with Avian Influenza viruses detected since 1997 have not yet resulted in sustained human- to-human transmission. However, because Influenza Viruses have the potential to mutate and gain the ability to spread easily between people, monitoring for inter-human transmission is extremely important.

Sprint Nextel Corporation Analysis

Sprint Nextel Corporation Analysis Sprint Nextel Corporation (Sprint Nextel) is a telecommunications company that offers a wide range of wireless and wire line communications products and services for individuals, businesses, and the government. The companys retail brands include: Sprint, Boost Mobile, Nextel, Common Cents Mobile, Virgin Mobile USA, and Assurance Wireless that run on Sprints networks that utilize code division multiple access (CDMA), integrated Digital Enhanced Network (iDEN), or internet protocol (IP) technologies. Sprint Nextel has made a device that can operate on both of its 3G and 4G networks, and Sprint also resells the Worldwide Interoperability for Microwave Access (WiMAX), fourth generation (4G) wireless services CLEAR which is provided by Clearwire Corporation. The Company was founded back in 1899 by Cleyson Brown under the name Dillo-Brown Telephone Company in Abilene, Kansas. Brown changed the company name from Dillo-Brown Telephone Company to United Utilities, in 1938 after the company filed for bankruptcy. Then changed again to United Telecommunications (United Telecom) in 1972, and Sprint in 1989  [1]  . The firm grew steadily during the 1970s and became the nations largest independent local telephone provider. In the 1980s, the company entered the long distance voice market with the worlds third largest commercial packet data X.25 data service, Uninet, and completed the first nationwide 100% digital fiber-optic network to its customers  [2]  . The company began offering cellular telephone services under the name Telespectrum, and sold it to Centel in 1988. However, during the 1990s, Sprint acquired Centel and made its way back to the wireless market. The company also started offering commercial Internet access, which made Spri nt a unique company that provides local, wireless and long distance services, and offers the first completed nationwide 100% digital PCS wireless network. Sprint established a global IP network offering 10 gigabit per second transatlantic IP backbone in 2001 and completed a nationwide 3G network in 2002. The company was finally renamed Sprint Nextel in 2005 by purchasing the wireless communication company Nextel. Recently, Newsweek has ranked Sprint Nextel as No. 6 in its Green Rankings.  [3]  As the first US based telecommunications company that has announced a target for reducing its absolute greenhouse-gas emissions, Sprint Nextels goal is to reduce the companys emissions by 15% within 10 years starting in 2007. They plan to achieve this though actions of using renewable energy sources to replace the backup generators at its cell towers and improving energy efficiency within its networks. Sprint has also launched a product recycling program that allows its customers to return the old cell phones, batteries to Sprint for free with the postage paid label. As of 2009, Sprint has recycled nearly half of its products and its goal is to recycle 99%. With 40,000 employees, Sprint Nextel is headquartered in Overland Park, Kansas; the company offers services in all 50 states, Puerto Rico and the US Virgin Islands under the Sprint corporate brand. Its Nextel Worldwide service is the largest all-digital wireless coverage in the US and operates in more than 70 countries. With more than 48.2 million customers served, Sprint Nextel is the third largest wireless telecommunication network in US, compared to Verizon Wirelesses 93.2 million and ATTs 92.8 million. In this highly competitive industry, Sprint Nextel has experienced a significant net loss of its post-paid subscribers on iDEN and CDMA wireless networks since mid-2006, which represents about 70% of its total consolidated segment earnings in the in the market. Not until the June quarter of this year did Sprint finally turn positive earnings, mainly due to the high demand for HTC EVO 4G cell phones. Its losing its existing customers mostly because of the fact the customers were not happy with the prices of the phones that Sprint offered to them, compared to its new subscribers special offers on the phone prices with the same contracts signed. Therefore, even though Sprints subscriber base has grown 110% since 2002, its market share has barely increased  [4]  . According to the Value Lines report, Sprint Nextels net operating revenues had significant declines in financial year (FY) ends December in 2008 from $40.1 million in FY 2007 to $35.6 million and continued declined to $32.2 million in FY 2009. As of FY 2009, Sprints revenues per share has decreased from $14.11 to $10.85; earnings per share has decreased from $.04 to -$.84; in common shares outstanding and has increased from 2,845 million shares to 2,973 million of shares; net profit has decreased from $240 million to a net loss of -$2,436 million since 2007  [5]  . With current companys financial strength rate of C++, which is marginal, the company is in a vulnerable status. According to Yahoo Finance, the company has a strong balance sheet with $20.3 billion in long term debt and $4.9 billion in cash and cash equivalents as of December 2009, which means the companys free cash flow is favorable. From Sprint Nextels 2009 annual report, it shows a decline of post paid average revenue per user (ARPU) from $56 to $ 55 and prepaid ARPU from $34 to $28 in this year due to the lower usage  [6]  . The company has been effectively reduced the post paid churn from 2.05% to 1.85% during last year and is on the right track of increasing the companys operating performance. II. External Analysis Sprint Nextel is a firm that finds itself in an industry where there is few, but very strong competitors. Currently Sprint is the third leading cell phone service provider in the United States. They currently maintain around 12.1% of the cellular services industry market, falling short of ATT and Verizon who maintain 25% and 31.2% market shares, respectively. The only other true competitor to Sprint is T-mobile, who maintains around a 12% share of the U.S. market as well  [7]  . The general environment for the telecommunications industry is extremely competitive. Many companies are looking to expand their resources and market share through mergers and acquisitions with smaller wireless providers that provide certain niches in the market. Some of the most recent mergers and acquisitions within the past couple of years include Verizons purchase of Alltel Wireless in 2008 for $28 billion, ATTs acquisition of Wayport (a network and applications management company that provides back-o ffice management for Wi-Fi hot spots) for $275 million in 2008, and Sprint disposed of its WiMax division in 2008 to form a $14.5 billion dollar mobile broadband company called Clearwire  [8]  . While competition drives these mergers and acquisitions, it is easy to concur that only the companies with enough capital to acquire the latest technologies are the ones who survive in this market. The overall structure of this industry can be easily broken down through the use of Porters Five Forces Model. The first part of Porters model explains the threat of new entrants into the market. Threat of new entrants is further broken down into analysis of economies of scale, product differentiation, capital requirements, switching costs, and distribution channels. While economies of scale mainly pertain to manufacturing industries, the concept can be applied to the main competitors in the market (Verizon, ATT, Sprint, and T-mobile). These four companies account for nearly 80% of the U.S. market  [9]  . Their high costs of RD, customer service, and maintenance of superior network quality can be spread out over millions of service plans. This allows each of these firms to attain very competitive pricing for service plans that non-economies of scale would not be able to obtain. The scope of product differentiation within the telecommunications industry is somewhat strong today, h owever it is weakening with time. Product differentiation derives from contracts made with electronic companies to exclusively sell certain phones through specific service providers. These contracts are usually made exclusively to the service providers with the greatest market share and best network, therefore decreasing the threat of new entrants even more. Capital requirements to start a telecommunications business are incredibly high due to the cost of setting up, maintaining, and purchasing the rights to use a wireless service. The final portion of the threat of new entrants is further suppressed through the existence of high switching costs between service providers. Each of the four big companies attempt to maintain their market share by drafting long-term contracts with their customers. Customers are exposed to penalties and fees when exiting a contract with a service provider before the termination date is reached. The next step in Porters model of assessing the industry lies in the analysis of the bargaining power of suppliers and buyers. The suppliers in the telecommunications industry consist of the manufacturers of phones, switch board equipment, fiber optic cables, network equipment, and billing software makers. The bargaining power of these suppliers is relatively low in this industry due to the decline in demand for expanding such networks in the recent years  [10]  . In contrast to the bargaining power of suppliers, the bargaining power of buyers in the telecommunications industry has been increasing over the past few years. Buyers have the choice of which phones they would like to use and which service plans they want to go along with them. A recent example of the buyers power is Sprints new service plan for unlimited everything for $69.99. In fear of too many subscribers leaving their network, Verizon and ATT very quickly presented their customers with opportunities to purchase th e same kind of plans. The external analysis of the telecommunications industry can be further examined through the analysis of substitutes present within the industry. The threat of substitutes has been increasing as advances in technology are continuously released. Customers are introduced with new ways to communicate with each other such as Facebook, Skype, and other forms of communication via the internet  [11]  . Companies are responding to the presence of substitutes through the acquisition of companies offering these forms of communication and incorporating the new communication tools into their own service plans. Porters model is finalized with the analysis of the intensity of rivalry among competitors within the industry. In the telecommunications industry intensity of competition is incredibly high. The competition is driven by economies of scale trying to minimize their costs in the most efficient manner while expanding their market shares at the same time. The competition is further enhanced by the large amount of fixed costs associated with operating a communications network and the exit barriers of the market being incredibly high  [12]  . The external analysis of the telecommunications industry can be summarized as a very profitable industry with high barriers to entry, low bargaining power of suppliers, high bargaining power of buyers, increasing substitutes, and intense competition. To the extent of whether this industry is attractive to enter is up to the judgment of the entrepreneur. Opportunities in foreign countries may be very attractive if business plans are modeled after those of U.S. companies. Sprint last year alone managed to generate $15.825 billion in profit. Industry wide revenues reached nearly $145 billion in 2009, with around 84% of the U.S. population as subscribers  [13]  . With numbers like these the industry becomes much more attractive, but of course those numbers are not achieved without each firm adhering to a set of key success factors that help each of them compete within a very competitive environment. The key success factors in the telecommunication environment are network quality, cus tomer service, brand name, partnerships, and convergence. Each of these is discussed in greater detail in part five (comparison to competition). III. Internal Analysis Many companies provide a clean cut mission statement on their website. They do this to ensure that they are able to provide a clear company direction for all shareholders and employees. Searching Sprints revamped website, some people will be surprised to find that there is no mission statement document. One has to look through all of their new technology offerings, advertising and re-organization to determine the companys current direction. Previous to the 2005 merger with Nextel, Sprint was by far the telecommunications market share leader. Five tumultuous years, lower customer service and missed opportunities, have led to top-to-bottom corporate reorganization, with new CEO Dan Hesse being introduced in 2007. His mission was to create a company that would again become an industry leader by introducing cutting edge technology and utilizing their network to increase customer satisfaction and lower customer churn. Their new advertising campaign do more, talk less, really embodies what they are trying to accomplish. They want to move beyond just offering simple phone service, and with the introduction of their new 4G technology and Overdrive; Sprint is striving to become an all in one telecommunications provider. When Dan Hesse took over Sprint was a falling industry giant, and falling hard. To stop the bleeding, he enacted certain business strategies to first stop the flow of customers to competitors and then others to win them back. The first major issue that the new regime addressed was the call in customer service. The major change in this strategy here was how the company evaluated is customer care employees. They changed the key metric that customer service employees were evaluated on, from call duration time to first call resolution. This new metric encouraged employees to spend the extra time to make sure the customers problems were solved the first time they called. According to Tom Patton, Sprint Senior Sourcing Manager, this was the key change in strategy that has led to Sprints revival. This was effective in decreasing their customer churn, but to win customers back Sprint has developed new products offering the latest technology. They were the first in the telecommunications mark et to offer 4G service, and have won favorable market share while their competitors attempt to catch up. And their latest strategy has been the purchase of pay as you go providers, such a Virgin Mobile and Boost Mobile, which gives Sprint access to a growing market. With many people facing hardships, their phone plans were changing from 2 year deals to monthly plans. Sprint was able to turn downturn in the economy into an opportunity for the company. After a discussion with Tom Patton, he and other Sprint Employees believe that their major core competency is their extensive network. Sprint has spent many millions of dollars over three decades to improve on and create one the most powerful telecommunications networks in the United States. This is one area that sets them apart from their competitors. Since Sprint has been around much longer than many of its competitors, they have had a huge head start in building up their network. Having this network was instrumental in the introduction of the 4G technology, and it also allows Sprint to find synergies with other new products. For example, Sprint is able to offer access to their network for their pay as you go customers. Concurrent with this competency is the relationship with suppliers that Sprint has been able to build over the years. This has allowed them to involve suppliers earlier in the RD stage and has led to cost savings and creative innovation on both sides. Another recent core competency for Sprint is their heavy investment in Sprints applied research and advanced technology laboratories. This facility has allowed Sprint to create the first all digital fiber optic networks, and has lead to other innovations in security, monitoring and wireless technologies  [14]  . Outside of their core competencies, Sprints major resource advantage is the brand name they have been able to create. They were one of the few telecommunication firms that have successfully made the transition from landline service to the wireless industry. Customers could have potentially been with the company for many decades. And being in business that long has allowed Sprint to gather some of the best talent in its employee base. Tom Patton and many of his co-workers have been in the telecommunications industry for twenty to thirty years. From the supply chain group to the RD engineers, the accumulation of experienced talent has proved to be a major resource advantage for Sprint. As a potential customer looks at Sprints long line of phones, they will notice that a popular choice is missing. The iPhone is a major factor that has led to the revival of Sprints major competitor ATT. After discussion with Tom Patton, apparently Sprints extensive network attracted Apple to approach them first with the offer to be the exclusive service provider for their new phone. At the time, the Sprint brass felt that the price of the unit was too high and customers would not be willing to pay that much for a phone. Declining that offer coupled with the other issues previously discussed, intensified Sprints fall in market share. Tom also expressed that an area of disadvantage for Sprint could be the morale of the companys workforce and reliability they believe the company has for them. In the restructuring phase many of thousands of jobs were cut across the board. In Tom Pattons supply chain division 55% of the people were let go. While these cuts were necessary for the longevity of the company, afterward there can be trust issues with the remaining workforce. While the effect of these cuts could take some time to hit the companys bottom line, its employees remain scared that they could be the next ones to be let go. As Sprint attempts to recapture much of the market that it once had, their new CEO has enacted business strategies that will once again make them a major force in the telecommunications industry. He has made major strides in that direction by utilizing their major core competencies while at the same time trimming the size of a bloated corporation. The unsuccessful merger with Nextel in 2005 could have left this company in bankruptcy. Trying to have a merger of equals left no one with clear decision authority, and the new company was left stagnant. The recent top- to- bottom reorganization of the corporation has led to a leaner more efficient company. The new Sprint is a company with a clear direction, even though they dont provide it in a neatly packaged mission statement. IV. Comparison to Competition The reorganization of Sprint has allowed for them to have a larger impact on the market than theyve had in recent years. By refocusing their business to work around their core competencies, moving forward Sprint will continue to be an industry leader. By focusing on Key Success Factors of the industry, it is easier to gain insight as to Sprints competitive position within the telecoms industry. One of the most important Key Success Factors for any telecommunications company is network quality. Sprints network is as extensive as any other in the country and has been able to achieve differentiation by being a first mover in bringing in new technologies to market such as the 4G (WiMax) network. Along the lines of network quality is the need for convergence, which is the ability for customers to access any data effortlessly without restrictions and to have the networks and devices to get that data. Sprints network capabilities match that of any competitor for the need of technological co nvergence as well as some of the most state of the art smart phones in the market. Being the first to put 4G to market has allowed for them to gain market share, but Verizon is right on their heels with a 4G network of their own coming out. The next Key Success Factor that is essential to the sustained growth in the telecoms industry is customer service. Although there is rarely direct contact between the customer and firm, mostly only during installation and service outages, it is a vital aspect and can define customer experience. The truth is that customers dont want to have to deal with customer service calling centers or have to go into the store, theyd rather have no problems at all or have their problem fixed immediately; which is another reason why Sprint changed their operating procedure for measuring customer service effectiveness from call duration to first call resolution. Sprints redefined customer service strategy is now on its way to leading Sprint to the top of the industry in terms of customer satisfaction. One area that Sprint is decently far behind the competition is in terms of retail presence and the ability to achieve economies of scale. The telecommunications industry is largely a fixed cost business, having to install and constantly maintain the network. The marginal cost of adding a new customer to the Sprint network is minimal compared to the revenue it generates, as a result, providers with large subscriber bases enjoy a significant advantage over the smaller ones  [15]  . Sprint is the third largest provider in terms of customers being served at 48.2 million while industry leaders Verizon and ATT serve 93.2 million and 92.8 million, respectively. Having nearly half of the customers served compared to the industry leaders shows that Sprint is a ways behind the competition in achieving the full effect of economies of scale. Sprint is also a ways behind VZW and ATT in terms of retail locations throughout the United States. Sprint owns and operates approximately 1,200 retail locations while VZW and ATT own and operate 2,200 and 2000+, respectively. Having less retail locations could be a potential cause for Sprints diminished market share, but they are in the process of increasing that number within the next couple years. The final Key Success Factor that Sprint is doing exceptionally well at is maintaining partnerships. Diversity of services [in] this industry makes it difficult for a service provider to be good at everything, so the crucial thing for a firm in this industry is to forge partnerships to be able to provide what customers need  [16]  . Sprints major partnerships include Cisco, IBM, Intel and Microsoft, which are all very successful and innovative companies to be partnered with. In comparison with the telecoms industry leader Verizon Wireless partnerships; Nortel, Cisco, Alcatel, Lucent and Polycom, Sprints competitive position in terms of partnerships is rather high. Leveraging these partnerships and carrying them on into the future will be a vital key for success for Sprint. In terms of financials, Sprint is pretty far behind ATT and VZW. According to Morningstar.com in 2009, Sprint recorded revenues of $32.2 billion while the competitions was much higher, Verizons revenue was $107.8 billion and ATTs was $123 billion. In comparison with industry leaders, Sprints gross margin in 2009, as a percentage, was approximately 10 percent lower. Sprint also suffered much harder through the worst of the recession between 2006 and 2009 where they posted negative net income in each of those years. During the same span of the recession both VZW and ATT were able to post net income above the line. The hardship for Sprint isnt over yet, according to Moringstar.com, they are projected to post another consecutive FY end with a loss for net income. While [Morningstar] believe Sprint holds a collection of valuable assets, [they] expect a rough ride over the next several quarters.  [17]  Sprint is on its way out of the red but there are still major changes that need to b e made to ensure Sprints spot atop the telecommunication industry. V. Recommendations for Strategy After further analysis, there are four ways in which the Sprint Nextel Corporation can improve their operation. The Sprint Nextel Corporations can improve their business and operations by continuing to develop a better quality customer service, offer the most cutting edge technology in wireless mobile industry, cutting overall cost and venturing into the international markets. If Sprint can achieve these four objectives, the corporation will become more competitive both domestically and internationally and enhance their profitability in the future. First, the Sprint Nextel Corporation must continue to improve their customer service. In the past, the Sprint Corporation had the reputation for one of the worst customer services in both quality and the duration of the time it takes to rectify the problem. In response, the Sprint Corporation began First Call Resolution in which the customer service representative is rated on their ability to resolve the problem on the customers first call. Hence, the First Call Resolution is a great way to improve their overall quality of the resolution as well as the duration of the service. Moving forward, Sprint must continue to initiate similar projects that will enhance the customer service experience of the customers so that if and when the problem arise the customers know that the problem will quickly and correctly be resolved. In the end, happier customers will create more market share and the reputation as the best customer service provider will be a difference maker in a saturated mobile t echnology industry. Secondly, the corporation must continue to develop cutting edge technology. More specifically, the Sprint must develop technology that is aligned with their core competencies which is the extensive network throughout the nation providing an excellent coverage. In juxtaposition to their network, Sprint must develop technologies for corporate customers who have different needs than the individual users. Nowadays, many corporate customers want mobile wireless Internet that can be accessed anytime and anywhere. In response to this need, Sprint must continue to leverage their extensive network and coverage into providing the fastest and the best quality wireless Internet coverage for the corporate customers. Also, there has been a great technology innovation in personal mobile technology. Many of the mobile devices can stream videos in high quality definition. However, some of these videos may have to be downloaded onto the device, which has limited storage. Therefore, developing a websit e portal where individuals can download their preferred shows, movies and videos and then access it through the high speed internet via handheld device may be in need. In summation, Sprint must respond to the changing technology environment in both the corporate market and individual market to gain first mover advantage in the new markets. Third, the Sprint Corporation must develop a cost leadership strategy. There are two approaches in which Sprint must cut costs. First, Sprint must cut costs towards its bottom line. In other words, the Sprint Corporation must cut their operating costs. There are many subsidiaries of Sprint that are not contributing to developing Sprints core competencies. After reviewing the financial data and subsidiaries, there are few subsidiaries that may be spun off or be eliminated. These subsidiaries incur various operating costs as well as the research and development costs that do not add value to the Sprints future operations. Moreover, these cost reductions will allow Sprint to revise their pricing strategy, providing a lower price for equivalent or better quality of service to the corporate and individual customers. For example, if Sprint successfully eliminates some of the subsidiaries, they can procure more mobile devices from vendors such as Blackberry, Samsung, etc. and package those devices into a bundle for customers. In the end, cutting costs towards the bottom line will help Sprint develop its core competencies as well as gain pricing competitive advantage in the consumer market. Lastly, Sprint must venture into international market. More specifically, Sprint must develop markets in developing nations. The nations such as Brazil, Russia and India are popular nations that have already grown intense competition among mobile technology companies. It may be a better strategy to develop a market share in other countries such as Kuwait, Iraq or Afghanistan because the competitors do not heavily target them. Having s joint contract with the U.S. Military to provide services and devices may give Sprint relatively low costs and expansive exposure to the brand. The expanded international market will allow Sprint to hedge the volatility of the domestic market and stabilize the revenue stream of the company. In conclusion, the Sprint Corporation can strengthen their competitiveness by providing higher quality customer service, developing cutting edge technology, cutting costs for operational activities and providing lower priced services and venturing into international markets. By providing a better customer service, Sprint will gain trust of the customers they have lost in the past and regain market shares by gaining reputation as customer oriented corporation. Developing technology will allow Sprint to gain first mover advantage in new markets. The cost reduction will allow Sprint to be more competitive because the customers will respond to cheaper pricing point that is packaged with high quality of service. Lastly, transitioning into international markets is crucial to the corporations success, because it will diversify their risk and hedge the domestic volatility of the industry.

Comparing the Social Criticism of Voltaires Candide and Samuel Johnso

Comparing the Social Criticism of Voltaire's Candide and Samuel Johnson's Rasselas      Ã‚  Ã‚   Samuel Johnson and Voltaire were both writers of enormous social conscience in the eighteenth century. It is not surprising then to discover that both men wrote short tales dealing primarily with criticism of the human condition. Ironically, these books were written and published within weeks of each other in 1759 (Enright 16). Johnson's Rasselas and Voltaire's Candide are strikingly similar in their use of the episodic and romantic picaresque motifs. The underlying purpose within each author's criticism, however, allows many differences in the two tales to surface. The author's intentions diverge beyond superficial similarities and each work develops a unique vantage point from which to observe humanity.  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Neither work can be accused of being a realistic tale. These moral fables are set in a fantastic, utopian, and ludicrous world. The distance from the reader in each tale is quite different, however. Johnson places realistic characters in an unrealistic world. He remains on the same level with his characters, describing the situations and environment in which they find themselves. In this manner the reader can identify with and feel empathy for the characters in Rasselas. They are thinking, caring, fallible human beings equal to the reader and the author.  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Voltaire creates a chasm between humanity and the world of Candide. The reader laughs not only at the situation or environment, for the characters are just as ludicrous as the world in which they live. It is possible that Voltaire wants his audience to assume a position of moral superiority when reading the tale. The reader cannot take characte... ...liography Enright, D.J.   Introduction.   The History of Rasselas, Prince of Abissinia. By Samuel Johnson. London: Penguin Group, 1976.   p.12,16.  Ã‚   Hill, G.B.   Introduction. The History of Rasselas, Prince of Abissinia. By Samuel Johnson.   Oxford: Clarendon Press, 1887.   p.17.  Ã‚   Johnson, Samuel. The History of Rasselas, Prince of Abissinia. Ed. Enright, D.J.   London: Penguin Group,1988.   p.43,45,65,103   Johnson, Samuel.   "The Rambler No.184."   Rpt. in Enright, D.J.   Introduction. The History of Rasselas, Prince of Abissinia. By Samuel Johnson. London: Penguin Group, 1976. p.32.  Ã‚   Maurois, Andre.   "The Sage of Ferney."   Voltaire.   New York: D. Appleton & Co, 1932.   Rpt. in Candide.   Trans. Bair, Lowell.   New York: Bantam Books, 1988.   P.6-7.  Ã‚   Voltaire.   Candide.   Trans. Bair, Lowell.   New York: Bantam Books, 1988.   p.73,120.   

This above all, to thine own self be true: Truth versus Self in Hamle

Truth versus Self in Hamlet by William Shakespeare "This above all, to thine own self be true" (Act I scene 3 line 78) as expressed in Shakespeare's Hamlet, Prince of Denmark is a philosophical idea that strips away moral standards, accountability, and that selflessness is evidence of true love, as taught by Jesus Christ. Professor Sir Walter Murdoch writes in The Policy of Polonius, "As a matter of fact, of course, the lines are nonsense, and Shakespeare was well aware that they are nonsense; he puts them in the mouth of a garrulous old gentleman who spends most of his time talking nonsense" *http://home.pacific.net.au/~morrisqc/Murdoch/Polonius.htm*. The characters of Hamlet and Laertes live by this faulty philosophy and form defective character traits that ultimately lead them to death. The same can be said for Alfred in O'Neill's Before Breakfast, he follows a different path using the same philosophical ideals and ultimately ends up serving the same self centered desire. The assertion that somehow this philosophy can become stable with a sound individual falls short because it is without objective measurable standard. Left to our own self to decide what is good will always lead to a pantheistic view; one without hope, self-serving and motivated to satisfy any desire that we think is correct. Successful living depends on an established guide of moral standards, accountability, and selflessness. Hamlet, Laertes, and Alfred have set their hearts and minds to do just as they please without regard how their actions affect others and without regard to moral standards. Hamlet and Laertes have settled in their own mind that the way to find peace is through the death of the person that murdered their fathers.... ... revenge. The meek inherit the land" (Leithart). To thine own self be true? I think not. Be true to God and His commandments, His judgment, and the philosophy that I must lay down my life if I want to find it. Jesus said, "Most assuredly, I say to you, unless a grain of wheat falls into the ground and dies, it remains alone; but if it dies, it produces much grain. He who loves his life will lose it, and he who hates his life in this world will keep it for eternal life" (John 12:24-25 NKJ). Bibliography: Eliot, T.S., "The Sacred Wood: Essays on Poetry and Criticism." Hamlet and His Problems Home Page 19 Nov. 2000 . Leithart, Peter J. "The Serpent Now Wears the Crown: A Typological Reading of Hamlet." Contra Mundum No. 11 Home Page 19 Nov. 2000 . Murdoch, Walter. "The Policy of Polonius". The Shakespeare Essays. Home Page 19 Nov. 2000 .

Deadly Unna Essay

1. Describe the impression you form of Gary Black (Blacky) in the first 4 to 5 chapters of the novel. I get the impression that Blacky has a shy, quiet personality and tends to keep his thoughts to himself. He seems curious because he asks a lot of questions and also anxious because he over thinks situations. 2. Blacky’s community is literally divided into two halves; those who live in The Port and those who live at The Point. Make a list of the features of the town that you think represent life there and explain reasons for choosing them. Blacky’s community is a small, run down town with little to do and almost everyone knows each other. The Port is a sleepy coastal town. In winter, the only action in town is the local football competition and in summer the action revolves around the beach and the interest provided by the annual campers. 3. Gary grows increasingly anxious as his football team’s Grand Final draws near. Discuss the reasons why Gary is so stressed at this time. Gary is stressed about the Grand Final because he is playing as the first ruck and he isn’t an overly talented football player. He has to play against the Thumper on the other team and that scares him because the Thumper is very intimidating and could badly injure him if he tries to stop him from getting a goal. Blacky also doesn’t want to be known as a ‘gutless wonder’ and that puts pressure on him to do well. 4. Gary is something of the ‘team hero’ at the end of the Grand Final and is acknowledged with the club’s ‘Best Team Man’ award for the season. Gary appears a little uncomfortable with this recognition, why? Gary is uncomfortable about being awarded the ‘Best Team Man’ award because his brother has won that award every season, hence why that is his nickname. Bl acky was also uncomfortable with the award because it didn’t intend to get in the way of the Thumper, but that’s not what everyone thought. 5. It is obvious that the issue of racism is a significant theme in Deadly Unna. Choose four scenes/events/quotes from the text that you feel serve as evidence of the racism that exists in the community and provide a brief explanation of the reason/s why you chose each one. Be sure to include a chapter and page reference for each of your examples. Even though the Point was only half an hour’s drive for the Port, the two towns didn’t have much to do with one another except for football. A more subtle sign of racism in the novel is how the Nungas use one side of the change rooms and the Goonyas use the other, not by force, but because that’s just the way it was. If racism didn’t exist, the Nungas and the Goonyas would be able to use the change rooms together without feeling uncomfortable or as if they were two different groups. ‘BOONGS PISS OFF’ was carved into the shed. Whoever wrote this is obviously showing racism, but Gary also participated in the racist comment by not scratching it out when he had seen it, when he usually scratches out things he finds offensive to people. When Gary and Clarence were at the jetty, Gary bumped into Darcy and had a conversation. During this, Darcy said to Gary, â€Å"Just a word of advice from an old bugger who’s seen a thing or two in his day. You be careful of these gins now, lad. Nice girls, but they’ve all got the clap. Every last one of ‘em.† Darcy was being racist by generalizing the female aboriginals, not taking into perspective that he did not know all of them personally. At the pub, Mac told a joke to his customers, â€Å"Did ya hear the one about the boong and the priest?† He continues the joke by saying, â€Å"And the priest says to the truckie, don’t worry I got the black bastard with the door!† Although this action isn’t as racist as telling a joke like that directly to an Aboriginal, but it is still of ignorance and racism. Also when everybody laughs at the joke except for Gary, who usually does, but didn’t because of Dumby, Clarence and Tommy. He had gotten to know them and realized that racism is wrong. 6. Bob Black frequently describes Gary as being a gutless wonder. There is some suggestion that Gary agrees with this assessment at the start of the novel; do you still think that he is a gutless wonder by the end of the story? Make a list of the key stepping-stones (events) in the story that you think illustrate (show) Gary’s transformation from being a gutless wonder to a brave, independent young man. Choose two stepping-stones from your list and discuss why you think they are important. I think at the end of the story Gary develops a lot more courage and independent. I believe he became this way by winning the Grand Final for his team and becoming appreciated more by his peers, flirting with that female camper Cathy and going against his father’s wishes and going to Dumby Red’s funeral. I chose the Grand Final because I think winning a medal and being congratulated by many people made Gary develop more confidence in his self. I also chose when he went to Dumby ’s funeral because even though he wasn’t allowed to, he organised everything and took the risk of getting caught and facing the consequences to participate in the funeral. I think this gave him more courage and to do what he believed was right and to value his own opinion. 7. Which relationship do you think has the most influence on Gary as a person? Why? I think the relationship between Gary and Dumby Red influenced him the most because he changed Blacky’s views on racism and taught him to accept and understand the Aboriginal culture and realise how racist and judgmental people can be in society. 8. At what point in the story do you think Gary starts acting independently? That is, he starts making his own decisions rather than being influenced by his opinions and wishes of other. Explain your answer. I think the most significant part of the story when Gary becomes independent is when he makes the decision to sneak out and go to Dumby Red’s funeral. 9. â€Å"Deadly Unna is the story of a young man’s quest to discover who he really is and what he believes in.† Do you agree with this statement? Explain your answer. I agree with this statement because at the start of the novel Gary is a nervous teenager and by the end of the no vel he makes and ends relationships, learns new morals and values through different people, trusts himself to make his own decisions and becomes more independent, courageous and develops a more defined, unique personality of his own. 10. Most of the adult characters in Deadly Unna seem to be flawed in some way. Which of the adult characters do you consider to be the most deserving of praise? Why? I think Dumby Red’s father deserved the most praise because he was always kind to the community and showed good manners to everyone unlike most of the adults in the novel. After his son was killed, he showed no anger towards Blacky when he showed up for the funeral, even though it would be difficult to show any sympathy to someone who lives in the Port because of the racism and the obvious reason that his son was killed there. 11. When Blacky and his brothers and sisters paint over the racist slur at the shed he remarks; â€Å"It was gone. Not forever, but for tonight anyway.† Why was he so intent on removing the graffiti when he knows that someone is likely to write it again? I think he was intent on removing the graffiti because even though someone would write it again one day, he made a difference that night and took a stand against racism with his siblings. If a small group of people can change their view on racism, there is hope that more and more people can. Also because he would have felt proud of his self and his family.

Cultural Differences in Body Language Essay

Do you know what I am doing? (thumbs up to the side – Hitch hiking). When I do this, most of you would think it means â€Å"good job†. But in the middle east, for example in Iran, it’s an insult similar to â€Å"the middle finger†. Good evening Madam Toastmaster, fellow toastmasters and guests, tonight let’s look at body language in different cultures. Do you agree that gestures can communicate as effectively as words? I agree. Some might argue, it maybe even more than words. However we must be aware different culture has different body language. Therefore, in our personal and business lives, careful consideration must be given to whom we are with and where they are from. A question that we might ask is; do we expect other cultures to adapt to our customs and protocol, or are we willing to make an extra effort to learn more about how they prefer to communicate? It wouldn’t be the first time that someone who wasn’t familiar with the communication customs of another country, found themselves in a rather embarrassing situation. Many years ago, President Richard Nixon arrived in a foreign country. Upon his arrival, he stood at the top of the stairs leading from his aircraft door, and overlooked the welcoming crowd gathered below him. He smiled and proudly raised both hands high in the air, palms facing outward and gave a gesture of his trademark famous â€Å"Peace† sign (as he had done many times before while travelling abroad). However the crown immediately began to jeer and hiss at the President, and he found himself on the receiving end of a hostile and rude welcome. Could you imagine how he felt? The reason was because in the country he was visiting, the two fingered, palms outward â€Å"Peace† sign, which was acceptable in North America, was an absolutely offensive gesture to the local people in that African country. This would have been the equivalent of a president from another country visiting New Zealand, and with a smile, â€Å"flipped the bird† which in their country might have meant â€Å"greetings†. As a member of the audience, how might you react? In North America, a simple â€Å"thumbs up† gesture can mean that things are â€Å"great† or a hitchhiking sign which indicates â€Å"I need a ride†. However, in Greece, this gesture signifies â€Å"up yours† when accompanied with a rapid upward and slower downward motion. The gesture for YES is often thought to be universal, however in India they wobble their heads from side to side to say yes. Correct me if I’m wrong my Indian friends. There are also variations in saying no. In Greece they toss their head up. In Japan, they wave their hands in front of their nose like ur gesture for stinky. Or, how about the â€Å"OK† sign where the index finger and the thumb connect to make an â€Å"O† shape and the three remaining fingers point up and slightly flare out. Although acceptable in Western culture to signal that things are â€Å"A-OK†, in Russia or Turkey, this gesture can represent a sexual insult. specifically an orifice (that’s as far as I’ll go with that). In China you may see two men walk hand in hand or with an arm around another’s shoulder. This is a sign of friendship. However, the situation is regarded as homosexual in American culture. In some countries such as France or Italy, it is acceptable to exchange a kiss on one or both cheeks while shaking hands when greeting one another. In other countries such as Japan, this type of behavior is considered impolite as the Japanese are considered to be a â€Å"non-touch† society relative to other cultures. The Japanese have a respectful custom to bow to each other. The most senior status person bows the least and the least status person having to bow first and display the deepest bend from the waist. Business cards are exchanged and read first in a complex formality. This ritual is to determine the seniority, position or rank of everyone in the room first. Then the bowing gesture commences based on the information read. For example, let’s say Tony Cooper is the CEO of Mitsubishi Motors in Japan. I am a small department manager from Fontera†¦the process is: So as you can see, it is really important to know your audience. If you are traveling to other countries, you need to be aware that some of the most commonly acceptable gestures at home can have a completely different meaning to someone from abroad. Demonstrating a sound knowledge of the cultural differences in nonverbal communication will get you noticed and others will appreciate that you are both respectful and prepared. Tonight you’ve learnt as least one thing: be careful if you thumb a ride in Greece O Take the time and invest in a little research to become culturally educated. By doing this you will be able to: Save the embarrassment. (i. e. Be careful if you thumb a ride in Greece O) Gain the competitive edge. A little research can go a long way prior to traveling abroad on business. Surely it helps if you are willing to make an extra effort to learn more about how they prefer to communicate. As the saying goes, â€Å"In Rome, do like the Romans do†. Get to know your audience and their customs. Remember in business, it’s about being prepared and establishing rapport quickly. Understanding body language in different culture might be the very thing that tips the scales in your favor and will give you the competitive edge you’re looking for.

Derivative Markets Essay Example | Topics and Well Written Essays - 1750 words

Derivative Markets - Essay Example There are several limitations in the price of future contracts and it is ensured by future arbitrage. The existence of price limits help to minimise the instability of prices by defending organizations against market overreaction. However, price limit can also make future contracts less liquid. Future arbitrage makes future contracts more valuable. Arbitrage generates a strong connection among the futures and commercial values (New York University, n.d.). Limit of arbitrage is significant for behavioural descriptions of irregularities and wider revision of asset valuation. Limit of future arbitrage is a portion of finance plan to clarify variances based on investors’ emotional prejudices. Arbitrageurs can face the following price limitations: Fundamental and non-fundamental risks Short-selling costs Leverage and margin constraints Constraints on equity capital Thus, the above statement 2 is true i.e. there are some defined limitations in future arbitrage in pricing future cont racts (Gromb & Vayanos, 2010). Statement 3 â€Å"A swap contract can create a win/win situation for two swap players plus the financial intermediary arranging the swap† The interest rate swap is a derivative to interchange interest rate for accomplishing lesser borrowing rates. Swap players can change interest rate from static to floating and vice versa. Swapping is beneficial when one player desires to get an amount with a floating interest rate while other player wishes for preventing future risks by getting a static interest rate in its place. In swapping, both players have their own primacies and desires, thus it (swapping) can create win/win situation for them... This essay states that in recent times, the world has converted into an uncertain place for financial organisations. Fluctuations in interest rates have extended, and stock markets are running through growing unpredictability. As a consequence of these variations, the financial organisations have happened to be more anxious about minimising the risks. As the demand for risk reduction techniques has enlarged, it has generated innovative financial tools named financial derivatives. These tools are very convenient in minimising the risks and help financial organisations to hedge. Hedging is a method which is used by financial organisations to counteract the regular risks of price variations. It is considered as important risk managing instrument for portfolio managers, bank executives and corporate accountants. In any derivative contract, the seller comes to an agreement to provide asset at a particular period in future and purchaser approves to pay fixed value for that asset. One can b uild a clean arbitrage if the future contract is mispriced. Majority of future contracts are priced according to arbitrage. In derivative contract, organisations need to choose investments which can provide good return with estimated price measures. It is also termed as speculation. Speculation is a procedure used in finance for securing profit from riskier investments, but it does not ensure security on investment or principal amount. Speculators use several approaches to make a decision prior to obtaining additional risks through investment.

Database and Data Warehousing Design Assignment

Database and Data Warehousing Design - Assignment Example The functional systems, for example marketing, Enterprise Resource Planning (ERP) and so on, supply data the warehouse and making use of Extract, Transform and Load (ETL) approach the data is retrieved from the data warehouse (Rizzi, Abello, Lectenborger and Trujilo, 2006). Since the firm under discussion is concerned with a large volume of data to be considered for evaluation, for that reason, the data warehouse is suggested for execution by the company. The data warehouse would bring about the company not just in its business, but in addition delivers many different added benefits to the company. A few of the factors that motivate the execution of the data warehouse in the firm involve: the data warehouse in a position to cope with massive data, it generates reports instantly, accordingly. Saves time, it offers premium quality data and presents increased business intelligence. Nevertheless, the benefits are invariably linked to down sides, the risks of the data warehouse embody: investing time in extracting, clearing and uploading data, developing high upkeep system, and resource optimization. Keeping in mind the drawbacks of the data warehouse, there are particular rules and best procedures which the business has to stick to these while employing the data warehouse. Some of the most effective tactics that the organization ought to comply with incorporate: investing proper time in accumulating needs and style, building prototypes, correct usage of the centralized and in depth data, building data credibility checks and supply of correct training to the clients. Since the database of the firm is substantial, for that reason, the company must not deem building the relational data warehouse. On the other hand, the company is suggested to make use of the index partitioning and tables. It is advisable that the organization must comply with these best procedures to put into practice