Thursday, September 3, 2020

Post-operative pain management Essay Example | Topics and Well Written Essays - 1500 words

Post-employable agony the executives - Essay Example This paper wills address the post employable administration of agony for individuals who have experienced all out knee substitution Surgery. The resultant physiotherapy and required activities can bring about patients encountering considerable measures of torment. Agony implies injury to the body and might be as consequence of tissue harm from injury, medical procedure, and ailments. Torment causes uneasiness, fixed status, and different natural reactions that hinder ordinary working of the body and its administration turns into an important device in nursing (Alfred, 2007). After all out knee top substitution medical procedure, compelling relief from discomfort measures are vital for empathetic reasons and to encourage a viable postoperative recuperation, which requires escalated physiotherapy to diminish recuperation time and encourage portability in many patients. Various individuals have various resistances for torment and it is important to consider the individual patients before starting on a post activity relief from discomfort plan. Other significant contemplations that must be considered incorporate clinical variables, understanding related elements, and nearby factors. Post usable nursing care for patients who have experienced all out knee substitution may incorporate a blend of different methods including instruction, evaluation of agony, pharmacological, and non-pharmacological interventions.â Torment the executives is profoundly coordinated and instilled in medication and is particularly important in patients who have experienced major and minor medical procedures. All out knee substitution medical procedure is never really torment in the knees and is profoundly fruitful in reestablishing versatility. In spite of the fact that costly, it is monetarily legitimate because of expanded versatility that decreases dependence on different individuals from the general public. The method brings about post employable torment, which if not all around oversaw can prompt interminable agonies and inability (Eccleston, 2011). Post usable agony the executives rehearses are regularly impeded by costs,

Saturday, August 22, 2020

363 Word on Being Disrespectful to Teachers Free Essays

My 363 word on why I was being Disrespectful I’m sorry for my conduct that day. I realized that I wasn't right when I left the room without your authorization. I ought to have remained in my seat. We will compose a custom exposition test on 363 Word on Being Disrespectful to Teachers or then again any comparable point just for you Request Now I ought to have left when you called my column or my name. I realize that I wasn't right. That will never happen again. The motivation behind why I had left was on the grounds that I was attempting to beat marvel to the storage since she take excessively long. What's more, she occupies all the room. I realize that, that was whimsical. I realize I should be increasingly aware in light of the fact that I have been extremely ill bred to you. Also, I guarantee that it will never happen again. Will I get those equivalent evaluations prepare that you didn’t get put in light of the fact that I truly need that? I have been dealing with my conduct. Furthermore, the terrible conduct I have been given will change. Some of the time when I have an awful mind-set I will be ill bred. Now and again when I am ill bred is the point at which someone has planned something incorrectly for me. Or on the other hand when another educator or grown-up reprimand me for something that I foul up. In any case, what I fouled up doesn’t concern an awful day. I don’t recall whether my disposition was a decent demeanor, however I realize that my conduct was on point until toward the finish of the class time frame. We should regard our educators in such a case that we don’t regard individuals that are more perplexing and more experienced than us it will ponder us prior down in our lives. Instructor Cadet Essay iframe class=wp-inserted content sandbox=allow-contents security=restricted style=position: total; cut: rect(1px, 1px, 1px, 1px); src=https://phdessay.com/educator cadet-exposition/implant/#?secret=u6v82QyyWh information secret=u6v82QyyWh width=500 height=282 title=#8220;Teacher Cadet Essay#8221; #8212; Free Essays - PhDessay.com frameborder=0 marginwidth=0 marginheight=0 scrolling=no/iframe Albeit once in a while our instructors may make a numb-skull of us and mortify us and now and again humiliate us in the cruelest manners we ought not fight back bad. On the off chance that we know all the standards in the school we should report it to the head or somebody that is a piece of the school and can tell the instructor that he/she is accomplishing something extremely, incredibly, wrong. Rather we ought to consistently inquire as to whether you can please leave the space to go to my storage. I ought to have quite recently held up until you called my line. The most effective method to refer to 363 Word on Being Disrespectful to Teachers, Papers

Friday, August 21, 2020

Niccolò Machiavelli - His Life, Philosophy and Influence

Niccolã ² Machiavelli - His Life, Philosophy and Influence Niccolã ² Machiavelli was one of the most persuasive political scholars of Western way of thinking. His most understood treatise, The Prince, flipped around Aristotle’s hypothesis of excellencies, shaking the European origination of government at its establishments. Machiavelli lived in or close by Florence Tuscany his entire life, during the pinnacle of the Renaissance development, where he participated. He is likewise the creator of some of extra political treatises, remembering The Discourses for the First Decade of Titus Livius, just as of scholarly messages, including two comedies and a few sonnets. Life Machiavelli was brought up in Florence, Italy, where his dad was a lawyer. Students of history accept his instruction was of extraordinary quality, particularly in punctuation, talk, and Latin. He appears not to have been told in Greek, however, notwithstanding Florence having been a significant community for the investigation of the Hellenic language since the center of the fourteen hundreds. In 1498, at age twenty-nine Machiavelli was called to cover two applicable administrative jobs in a snapshot of social strife for the recently established Republic of Florence: he was named seat of the subsequent chancery and †a brief timeframe after †secretary of the Dieci di Libert e di Pace, a ten-man committee answerable for keeping up discretionary associations with different States. Somewhere in the range of 1499 and 1512 Machiavelli saw direct the unfurling of Italian political occasions. In 1513, the Medici family came back to Florence. Machiavelli was captured on doubt of scheme to topple this incredible family. He was first detained and tormented at that point sent into banish. After his discharge, he resigned to his nation house in San Casciano Val di Pesa, around ten miles southwest of Florence. It is here, somewhere in the range of 1513 and 1527, that he composed his perfect works of art. The Prince De Principatibus (actually: On Princedoms) was the primary work created by Machiavelli in San Casciano for the most part during 1513; it was distributed just after death in 1532. The Prince is a short treatise of twenty-six sections in which Machiavelli educates a youthful understudy of the Medici family on the best way to obtain and keep up political force. Broadly fixated on the correct adjusting of fortune and excellence in the ruler, it is by a long shot the most perused work by Machiavelli and one of the most unmistakable writings of Western political idea. The Discourses Regardless of the prevalence of The Prince, Machiavelli’s major political work is most likely The Discourses on the First Decade of Titus Livius. Its first pages were written in 1513, however the content was finished uniquely somewhere in the range of 1518 and 1521. In the event that The Prince taught how to administer a princedom, The Discourses were intended to instruct people in the future to accomplish and keep up political soundness in a republic. As the title recommends, the content is organized as a free editorial on the initial ten volumes of Ab Urbe Condita Libri, the significant work of Roman history specialist Titus Livius (59B.C.- 17A.D.) The Discourses are separated into three volumes: the primary gave to interior governmental issues; the second to remote legislative issues; the third one to a correlation of the most excellent deeds of individual men in antiquated Rome and Renaissance Italy. In the event that the principal volume uncovers Machiavelli’s compassion toward the republican type of government, it is particularly in the third that we locate a clear and sharp basic look at the political circumstance of Renaissance Italy. Other Political and Historical Works While conveying forward his administrative jobs, Machiavelli had the chance to expound on the occasions and issues he was seeing direct. Some of them are basic to understanding the unfurling of his idea. They extend from the assessment of the political circumstance in Pisa (1499) and in Germany (1508-1512) to the technique utilized by the Valentino in executing his adversaries (1502). While in San Casciano, Machiavelli composed likewise various treatises on legislative issues and history, remembering a treatise for war (1519-1520), a relate of the life of the condottiero Castruccio Castracani (1281-1328), a background marked by Florence (1520-1525). Abstract Works Machiavelli was a fine author. He left us two new and engaging comedies, The Mandragola (1518) and The Clizia (1525), the two of which are as yet spoken to in nowadays. To these we will include a novel, Belfagor Arcidiavolo (1515); a sonnet in sections roused to Lucius Apuleius’s (around 125-180 A.D.) significant work, L’asino d’oro (1517); a few additional sonnets, some of which entertaining, the interpretation of a traditional satire by Publius Terentius Afer (around 195-159B.C.); and a few other littler works. Machiavellianism Before the finish of the sixteenth century, The Prince had been converted into all significant European dialects and was the subject of warmed questions into the most significant courts of the Old Continent. Frequently confused, the center thoughts of Machiavelli were detested to the point that a term was begat to allude to them: ​Machiavellianism. To nowadays the term shows a skeptical disposition, as per which a lawmaker is defended to do any tort if the end requires it.

Monday, June 8, 2020

Kants Theory Coursework - 1100 Words

Kant's Theory Coursework (Coursework Sample) Content: Suitablity of Kantà ¢Ã¢â€š ¬s Theory for Human BeingName:Instituiton:Suitability of Kantà ¢Ã¢â€š ¬s Theory for Human BeingQuestion: Kantà ¢Ã¢â€š ¬s ethical theory is not suitable for the human being, he ended up imagining a human being suitable for his ethical theory. Do you agree?Immanuel Kantà ¢Ã¢â€š ¬s theory of deontological ethics is based on the notion that a good action qualifies to be treated so only if it is preceded by a good will. Än other words, the theory hold the premise that people should do good things because it justifiable and the right course of action to take. Kantà ¢Ã¢â€š ¬s theory hold grounds on the principle of duty based on morality. In other words, some actions can be considered good even if their outcomes are wrong. Kant based his theory on the categorical imperative, which implies that human beings are driven by a certain motivation to perform an action. This notion implies a universal role, that requires an action to apply to all people for it to be permissible. Kantà ¢Ã¢â€š ¬s theory elicits mixed reaction because of the way it treats human beings based on the justifiable course of their actions. The theory raises questions on its suitability to human beings, and, therefore, is subject to numerous debates. Even though Kantà ¢Ã¢â€š ¬s theory provides ground for moral philosophy, it is not suitable for human beings because it is impractical, unforgiving, lacks motivation, does not recognize human emotions, and provides no grounds for absolute duty.Kantà ¢Ã¢â€š ¬s ethical theory is found on the principals of what is known as the categorical imperative. This principle maintains the notion that an action must be necessitated by a certain motive. For instance, if you someone wants to drive a car, then he or she must first learn how to drive. What the law fails to do is to give humans an option on how to act when faced with dilemmas. If the motivation behind an action is good, but the outcome will be wrong, is it appropriate to pursue it? The theory becomes redundant in cases where individuals are faced with dilemmas. For instance, the theory does not offer direction in a situation whereby an individual has to decide whether to lie in order to save his family from death. Kantà ¢Ã¢â€š ¬s theory fails to provide guidance on some of the basic deeds that humans engage in.Another reason that makes Kantà ¢Ã¢â€š ¬s theory unfair to humans is the fact that it is often seen as being unforgiving. Viewed in another perspective, Kantà ¢Ã¢â€š ¬s opinion on retributive justice calls for an à ¢Ã¢â€š ¬Ã‹Å"eye for eyeà ¢Ã¢â€š ¬ form of justice. According to Johnson (2008), punishment is viewed as a moral action only if the crime committed was necessitated by the motive to commit a crime. This is in contrast to Jeremy Bentham view on punishment whereby he held the opinion that it should only be meted for purposes of rehabilitation rather than revenge. Kantà ¢Ã¢â€š ¬s law on retributive justice maint ains that an offender must be punished if the actions committed points back to the offender. This law does not provide options for forgiveness because Kant sees it as lacking the moral obligation to the community. This is in itself not suitable for humanity.Kantà ¢Ã¢â€š ¬s theory is not suitable for humanity because it lacks motivation despite calling for individuals to demonstrate an element of good will. The first formulation of Kantà ¢Ã¢â€š ¬s theory requires individual to act only as if those actions are determined to become a universal law. The law places importance on the element of accomplishes a certain duty and necessitated by good will. Also, the first principle of Kantà ¢Ã¢â€š ¬s theory requires that a perfect duty be that actions that is worth consideration if only it respects the rule of law and can which an individual can be blamed if or she fails to complete it. There must be some motivation behind accomplish a specific task. Duty and goodwill are not enough to mot ivate an individual to accomplish an undertaking. This is clear that Immanuel Kant only devised this formulation by imagining an ideal human being of his creation.Another weakness of Kant theory and that is not appropriate for humanity is held on the principle that it does not recognize emotions. According to Wood (2012, p.97), emotions are insignificant. According to Kant theory, human actions should only be motivated by a sense of duty and good will. Kantà ¢Ã¢â€š ¬s theory does not provide room for humans to express their feelings and accomplish our sense of duties. Human desires and anticipation should be set aside when conforming to the expectations of moral duty. This is seen not to abide by the expectations of humanity.Finally, Kantà ¢Ã¢â€š ¬s theory does not provide moral grounds to have an absolute duty. Absolute moral duty demands total commitment and necessity in accomplishing a specific duty. For example, absolute duty obliges an individual not to tell a lie in whatever situations. In this case, a person helping an outlaw to hide in his house has an obligation to tell the truth to the authorities. Human duties are absolute, and thus everyone has an obligation to complete them. However, Kant did not provide an alternative for those actions that brings conflict. In other words, he did not offer an alternative for humans to break the rule of promise in situations where the moral obligations bring the conflict of interests. This is not how a typical human being should behave in the modern world (Dave, 2012).Despite the weaknesses evident in Kant theory its applicability to humanity, it is clear that the theory is useful because it provides ground for moral philosophy. Kant, like the phi...

Sunday, May 17, 2020

Keys to Success in College Essay - 975 Words

Keys to Success in College Different people wish to attain kinds of success but in order to fulfill your first success, college is a very important step and part to start with. Besides you need to make the necessary scarifies to accomplish you goals, your motivation and studies are also very important because your studies are dependent upon your motivation. A goal of this kind will determining the direction and degree of your motivation for itself and it can also make the different between success and failure. Motivation can come from two sources, from inside of you and from outside of you. It can come from your hopes and expectations. It is from your desire to do something or to be someone, but not everyone is highly†¦show more content†¦A subject that does not seem interesting in it may be very interesting in relation to other subjects. Third, interest is upon understanding. If we do not understand the rules of basketball game, we may not have much fun to watch it, but if we take time to learn the rules, we may find it is an exciting sport. Furthermore, although you are interested in a subject and your are really trying to concentrate, but it could also interrupt by distraction. You cannot control over some distraction but the are some other ways to control. You may choose the place and time of study. In order to study efficiently, we need to have a place used for study. More wisely, set your timetable to plan your work and study. The kind of timetable will depend upon on your class schedule, study time and social activities. We should try to follow the rule of plan your work and work your plan. There are some others important things you must do to become success in college during class such as taking notes, dealing with professors, good memory, preparation for exams etc. In the class, taking notes is important, it is better to sit near the front of the class to avoid distractions. Be a good listener focus on the main points of the lecture. Ask, if you do not understand. After the lecture, recall on a separate paper without looking at your notes; try to write as much as you can byShow MoreRelatedCredible Sources a Key to College Success814 Words   |  4 PagesCredible sources a key to college success College life can be pretty stressful and complicate it at times. There are several things that can help college life become easier and more manageable. One of the main things and if not the most important it will be the ability to identify and separate credible online sources from non-credible ones. 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Kelly, research and studies were conducted to display the extent of how grit is a contributing factor in the â€Å"achievement† or â€Å"success† in â€Å"vocational and avocational achievements that were recognized by other people† in comparison to â€Å"those that are primarily subjective value to the individual† (Duckworth,Peterson,Matthews, and Kelly 1087). Grit is defined as, â€Å"perseverance andRead MoreEnglish 101 Grit1208 Words   |  5 Pagesachieve a long term goal to succeed in colleg e, then who needs family support and resources? Angela Duckworth’s theory of ‘Grit’ is based on an area of psychology research that determines how to be successful in college. Duckworth’s theory argues that having ‘Grit’ or perseverance is the main force that will pull students through to complete college. While I believe Duckworth’s theory to be useful and that having â€Å"Grit† can be key to one’s success in college completion, I do believe that it is theRead MoreEssay On Learning Outcomes Assessment1052 Words   |  5 Pagesof the American dream and the hope of equality, access, and educational opportunity widen the door of the community college to a diverse population of learners (American Association of Community Colleges, 2012; President’s Commission on Higher Education, 1947). The Learning Revolution has propelled the restructuring and on-going transformation of learning in the community college from the o ld outdated â€Å"architecture† to a renewed commitment to â€Å"building a new nation of learners†. Quality teachingRead MoreSocial Darwinism in the 1920s and the Movie College by Buster Keaten944 Words   |  4 Pagessurvival of the fittest is showing that the body is more important to fit in society. 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Wednesday, May 6, 2020

The Invention Of Phase Contrast Microscopy By The Nobel...

Abstract In the last century with the invention of phase contrast microscopy by the Nobel Prize winner Frits Zernike, nucleoli were among the most con-spicuous structures. The nucleolus was first de-scribed between 1835 and 1839, but it had to go through another century before it was discovered to be related with a specific chromosomal locus, which marked it as a cytogenetic entity.1 At the end of the 18th century, Montgomery was the first to publish the monumental monograph, which included color figures of nuclei and nucleo-li.1 Based on the Montgomery work, further studies where conducted to analyze the function of the nucleolus in the next century. In fact himself has studied nucleoli in the oocytes of over 175 differ-ent species and had approached at three re-markable conclusions that still hold true today: 1) In one cell there can be more than one nucleolus; 2) Cells with higher growth are presented with more and larger size; 3) The last conclusion was, the size of the cells interfere with the size of nucleolus.2 After the 1960 numerous discovers made a huge impact in the modern science, one of these is the study on the rRNA which lead to the conclusion that the nucleolus is the site of ribosomal RNA synthesis and nascent ribosome assembly.1 In the early 70s it was observed that the ribonu-cleoprotein precursors to ribosomes contain two classes of protein. The difference between these proteins was thought to be that one class could be recognized as ribosomal proteins,

Business Plan for McDonalds Food Chain - myassignmenthelp.com

Question: Discuss about theBusiness Plan for McDonalds Food Chain. Answer: Business Details McDonalds is the famous destination for a huge customer base every day and making it one of the biggest fast food chain all over the world. Now, the company is considered as a leading fast food organization in terms of restaurants and revenues and profits. Currently, it has 36900 stores in more than 100 nations and provided employment to 385000 employees all over the world. It is headquartered in Oak Brook, Illinois, but it has its operations span from USA to Europe to Middle East and then to Pacific Region (McDonalds, 2012). The stores of McDonalds serve with a standardized menu with the food products such as; burgers, soft drinks, milkshakes, salads, cookies, cheeseburgers, French fries, shakes, coffee, flavored tea, chicken etc. In addition to this, the company offers breakfast items especially in United States and other global markets. Breakfast offerings include biscuits, muffins, hotcakes, bagel sandwiches etc. There are some brands, under which this company is marketing its pr oducts, like; McFlurry, Big Mac, Big NTasty, McNuggets, McMuffin etc. Industry and Market Analysis Industry and market analysis is a method for evaluating the companys current position in prospective industry and market. It assists in understanding the competition and about the major competitors in the market. Competitors are the major component, which are accountable for growth or failure of business. According to previous report, international fast food industry has reached to a value of $103 billion that has grown by 5%. There are various players including McDonalds, which are performing very well in the industry (Armstrong, et al, 2015). In the fast food industry, McDonalds is facing intense competition from some other leading players, like; KFC, Burger King, etc. However, McDonalds is listed as leading fast food chain, but still these competitors are affecting its business with innovative ideas. Burger King is one of the major competitors, which are offering the products, like; burger, salads, shakes etc. Tough the company is still a market leader with the potential of compet itors growing the competition looks very much intense. These competitors in the fast food industry are making efforts to increase their revenues and sales by focusing on health concerns, as people are becoming more health conscious. To compete with the players, the company is using franchise model, which offers the scope for the expansion and development for this business entity (McDonalds, 2010). Customers and Value Proposition Customer value proposition is the statement, which is prepared by an organization, when it introduces its new products and services. It states that why the customers should prefer to buy the products of this particular company. Primarily, it targets the customers rather than employees and other stakeholders. McDonalds is very famous for its customer value proposition. Under its business, the company is targeting the people, who love to eat outside their home (Baker, 2014). Under this expansion, the value proposition of McDonalds will include most convenient locations, efficient and fast service, comfortable seats and in-store amenities, a variety of fast food products, effective value offering and pricing etc. In addition to this, the company is making focus on offering the food products with the constant quality, which is served very fast and consistently all over the world. It is preparing the food by targeting the people of all age groups. This value proposition of company will en tice a number of diverse target markets. Thus, by this value proposition, this company has various advantages over its major rivals, such as; facilities, locations, fast services and diverse product range (Bauer, 2012). Marketing Strategy When a company introduces a new business or new franchise, it needs to formulate new marketing strategies, so that it can reach to its potential customers. These marketing strategies can be developed under marketing mix tool, which includes 4 Ps of marketing. McDonalds will also use this tool to develop its strategies (Bhasin, 2016). The marketing mix for McDonalds is stated below; Product Predominantly, McDonalds sells hamburgers and soft-drinks, which forms its standardized menu all over the world. In addition, the company offers different types of chicken products and other products, like; French fries, breakfast items and desserts. It provides diverse range of products within limited promotional durations. This element of marketing mix shows that McDonalds continuously tries to innovate its products to appeal more customers. Price The pricing strategy of McDonalds includes the price bundling united with the emotional pricing. Under this process, the organization provides the meals and other product combos for discount. Under this pricing strategy, McDonalds offers prices, which appear to be critically more affordable. This component of McDonalds marketing mix includes the significance of price bundling to boost the customers to purchase the products of McDonalds (David, David, David, 2016). Place The restaurants of McDonalds are the most noticeable places, where the products and services of the company are distributed. This component of marketing mix tool demonstrates the locations and venues, where the company can offer its fast food products. There primary places of McDonalds for distribution of products are, such as; kiosks, restaurants, mobile app of the company and website of other food delivery firms. People can order their desired products through its McDonalds website, Postmates website and application. Promotion This company is engaged in promotion and advertising process for attracting more customers. The component of the marketing mix describes the methods, which are used to interact with the customers. There are different strategies, which are used by McDonalds for promoting its products, like; advertising, sales promotion, and public relations and direct selling of the products. It is primarily engaged in the direct selling to events, like; local government events, corporate clientele, community events and parties (Hill, Jones, Schilling, 2014). Thus, these marketing strategies of the company are assisting it in attracting the customers and increasing its all over customer base. It will help the organization in generating more revenues under competitive scenario. Operations Plan In order to expand its business operations, McDonalds will create an operations plan under its business plan. This operation plan will includes all the operations strategies and processes, which will support its overall objectives. The operations management of this company will assist its position as one of the largest fast food chain in the world. There are some areas, which need to be considered in formulating its operation plan. These operation practices are stated below; Product Designing The major goal of McDonalds in this area is to offer affordable products. The prices and serving size of products are done on the basis of needs and expectations of customers. However, some of the products of this company are reduced in the size to make more affordable for all the people (Kenawy, 2015). Quality Management McDonalds aims to enhance the quality of products with components, like; price limits and costs. It implements a production line approach for maintaining the consistent quality of products. Quality consistency fulfills the expectations of customers about this company and its brand under quality management. Location Decision Under this aspect of operations management, the major objective of the company is to choose a strategic location, so maximum people can reach to its products and services. The above-mentioned marketing mix of the company includes kiosks, outlets and websites as venues. Via these strategic locations, the company reaches to its customers in modernized and traditional ways (Kotlar Armstrong, 2012). Human Resources Human Resource Management of McDonalds is also an important part of operations management. The company will use effective HR strategies, which will include the training and development program for improving the skills and abilities needed for production in kitchens and restaurants. Under this area of operation plan, organizational and individual learning are focused to aid the organizational culture of McDonalds (Lam, and Harker, 2015). Supply chain and inventory Management The supply chain of firm aids its different locations all over the globe. This organization will implement a strategy of diversifying the supply chain for operation management. This type of strategy includes availing more suppliers from different areas to decrease the risks associated with supply chain at McDonalds. Under inventory management, the company has the goal to reduce the inventory costs with aiding the operations in restaurants. It does not sell the ingredients and products directly to the restaurants. In its place, regional and local distributors communicate with the outlet managers of McDonalds to maintain the inventory and stock (New, 2015). Management Team and Company Structure For introducing this new franchise, the company can reform its organizational structure as per its operations and departments. The management team and organizational structure of McDonalds facilitates managing the target markets on the basis of performance levels (Lee, Hallak and Sardeshmukh, 2016). The company is following a hierarchy structure, which includes all the concerned departments that play an important role in McDonalds operations. The diagram, given on next page indicates all the levels of management team at McDonalds and its company structure. There are different levels of management, like top level, middle level and lower level of management. All the levels have their separate roles and responsibilities in the organization. The top level management is liable for the goal setting, decision making, operation management etc. Other departments, like; marketing, finances, sales departments have their own duties and responsibilities for supporting the attainment of final obje ctives of McDonalds (McKeever, 2016). By looking at the above diagram, it can be understood that company has a big management team, which support the organization in delivering effective food services to its potential customers. Resources The resources and capabilities of a company can be considered as its major business strategy. McDonalds possesses various resources, which leads the organization towards growth and success. The resources of the company are stated below; Physical Resources This company possesses a wide range of physical resources, which are used in offering its services to the customers effectively. Its physical resources include the food outlet location that will be in a strategic location, like; mall or any other popular building in the city. It will have the sitting capacity of more than 50 persons. These fast food outlets are equipped with modern and latest storing and cooking utensils and equipment. There is the facility of playing room for the children and other fun activities also (Paul Roy, 2014). Human Resources In the food service organization, human resources play an important role. The major strength of food organization is not the machines, tools or cash flow; rather the employees are the major resources, which make the company more competitive and great. This organization understands that employee satisfaction is very important in attaining the overall objective of organization. It offers an effective training to the employees for their development. Under the hiring process, it selects the employees by considering their motivation level, integrity and educational qualifications (Popov and Roosenboom, 2013). Organizational Resources The leading player in Fast food industry, McDonalds serves as a training and development center, where it makes more focus on day-to-day training between and interaction between managers of all the levels. This training and development program starts with the lower level, like; first the person learns to cook the French fries. This resource of the company offers a foundation for enhancing the discipline, responsibility and organizational and interpersonal skills. They can learn to work in the team (Scarborough, 2015). Financing When an organization introduces its new business operations, then it thinks about raising the funds from different options. Acquiring the franchise of McDonalds can be major investment for the investors. For its business, the company is availing funds from different sources and options. It is working majorly with two banks, i.e. MayBank and CIMB. Both the banks are handling the financing activities for this company inside and outside the nation and offer the short term loans to McDonalds (Untaru Ispas, 2013). In addition, the company is taking funds from U.S. bank, which is giving it various advantages, like; long term loans, i.e. 7 year term, business and financial solutions, fixed and adjustable rates etc. Thus, the company has a well-grown and established business, so there are so many bank and financial institutions, which are ready to invest their funds in the franchise of McDonalds. Financial Projections The major objective of McDonalds is to expand its business operations to international markets. The company is expanding its business by offering variety of fast food products to customers. The financial projections for the company are given below; Start-up Funds For establishing this new franchise, McDonalds will have various start-up costs. These costs include kitchen and fixtures, interior and furniture, legal fees and rent. In addition, it will include the salaries, which will be given to the staff and restaurant employees in the future (West, Ford, Ibrahim, 2015). The below given table includes all the start-up costs, which can be incurred in establishing this new franchise. Start-up Requirements Expenses Amount Fixtures and Kitchen Interior and furniture Legal expenses Rent Contingencies Total Start-up Expenses $35000 $25000 $5000 $15000 $6000 $86000 Start-up Assets Cash Long-term Assets Current Assets $55000 $0 $0 Total Start-up Requirements $1,41,000 Personnel Plans Personnel 1st Year 2nd Year Managers Cook Cashiers Waiters $0 $25000 $40000 $20000 $50000 $50000 $55000 $35000 Total Payroll $85000 $1,80,000 Break Even Analysis After evaluating other businesses, McDonalds has supposed that break even analysis indicates that it will require unit sales over 9700 per month to reach to break-even point. The below-plotted graph shows the break-even analysis for this organization. Projected Profit Loss For introducing this new franchise, McDonalds has made an effective financial plan, which will help the business in attaining its goals and objectives. McDonalds Profit Loss Statement Amount ($) Year 1 Year 2 Year 3 A. Sales $289,397 $312,314 $556,226 Direct Cost of Sales $59,519 $113,694 $196,868 B. Total Cost of Sales $59,519 $113,694 $136,868 Gross Profit (A-B) $229,878 $198,620 $359,358 C. Operating Expenses Salary $157,000 $174,000 $190,000 Rent $8,400 $8,400 $8,400 Insurance $2,000 $2,000 $2,000 Utilities $2,200 $2,200 $2,200 Depreciation $636 $636 $636 Payroll taxes $23,550 $26,100 $28,500 Sales and Marketing and Other Expenses $12,800 $10,200 $9,200 D. Total Operating Expenses $208,586 $225,536 $242,936 Profit Before Interest and Taxes $21,292 ($26,916) $116,422 EBITDA $21,928 ($26,280) $117,058 Taxes $20,095 $0 $24,397 Net Profit $1,833 ($26,280) $92,661 Net Profit/Sales 0.63% -8.41% 16.66% Risks and Strategic Options Under this new implementation, McDonalds may face some risks, which may impact the business and growth of the company in fast food industry. There may be different type of risks, like; operational risks, currency risks, brand image risks and legal risks. Operation risk may occur, when there will be labor strikes and protests against the company. The company will need to make changes in its operations, as the people are becoming very much concerned about their health and they prefer to eat healthy and dietary food (Percy, 2014). It may affect the business of company. In addition, the company may face the currency risks, which need to be mitigated by the organization. When the company expands its business operations in international market, it needs to comply with the laws and regulations in that country. It is one of the major challenges for the organization. To deal with the above-mentioned risks, the company will go with some strategic options. These strategic options will assist the organization in eliminating these risks and challenges. To handle the operation risks, the company should diversify its products and introduce a new segment with healthy and dietary food products. For mitigating the currency and financial risks, it can use hedging instruments. Before opening a new franchise, the company should make a market research in the target country market. It will assist the organization in understanding the imposed laws and regulations in new market. Introduction of healthier menu will assist McDonalds in fulfilling the demands and expectations of people of healthy food products (Yu, et al, 2016). Key Milestones During the setup of this new franchise of McDonalds, the management team will conduct the planning and execution in building its outlets. The implementation of this business plan will include different key milestones. It will take some months along with the refinement and revision process, which will take a period before establishing this franchise (Percy, 2014). The key milestones for the organization are given in the below table; Activity Starting date End Date Manager Concerned Department Business plan formation 1/1/2018 1/4/2018 Marketing Manager Marketing Department Office set up 1/4/2018 1/7/2018 - Owners Website Creation 1/7/2018 1/10/2018 Managers Information Technology department Hiring of the people 1/10/2018 1/12/2018 Personnel manager Personnel Department Marketing Communication Program 1/1/2019 1/3/2019 Marketing Manager Marketing Department Grand Opening Materials 1/3/2019 1/4/2019 Owners Material planning department Training the staff 1/5/2019 1/6/2019 Human Resource executives Human Resource Department Conclusion From the above analysis, it can be concluded that McDonalds can use this business plan for establishing its new franchise in the country. The report describes all the related aspects, which are needed to introduce new business and new business operations under existing organization. The company needs to include various marketing strategies, which can be used for attracting the customers towards its products and services. It is a fast food organization, so it needs various resources, which can assist the organization in implementing its operations. The company should go ahead with this business plan to deal with all the risks and challenges in the future. It can implement different strategic options to mitigate the associated risks and challenges. References Armstrong, G., Kotler, P., Harker, M. and Brennan, R., 2015.Marketing: an introduction. Pearson Education. Baker, M.J., 2014.Marketing strategy and management. Palgrave Macmillan. Bhasin, H., 2016, Marketing Mix of McDonalds, retrieved from https://www.marketing91.com/marketing-mix-mcdonalds/ Bauer, C., 2012, An integrated decision model for strategic evaluation of the viability of new technologies, GRIN Verlag. David, M.E., David, F.R. David, F.R., 2016, The quantitative strategic planning matrix: a new marketing tool, Journal of Strategic Marketing. Hill, C. W., Jones, G. R., Schilling, M. A, 2014, Strategic management: theory: an integrated approach. Cengage Learning. Kenawy, E.M., 2015. The economic importance of franchise Industry in Egypt.European Journal of Academic Essays,1(9), pp.23-33. Kotlar, P. Armstrong, G, 2012, Principles of Marketing (14 edition), Pearson Education, Inc. Lam, W. and Harker, M.J., 2015. Marketing and entrepreneurship: An integrated view from the entrepreneurs perspective.International Small Business Journal,33(3), pp.321-348. Lee, C., Hallak, R. and Sardeshmukh, S.R., 2016. Innovation, entrepreneurship, and restaurant performance: a higher-order structural model.Tourism Management,53, pp.215-228. McDonalds., 2012, McDonalds Corporate Social Responsibility and Sustainability Report. Retrieved from https://mcdonalds.com.au/sites/mcdonalds.com.au/files/MCD_CRS_Complete.pdf. McDonalds, 2010, About McDonalds. Retrieved from https://www.aboutmcdonalds.com/mcd. McKeever, M., 2016.How to write a business plan. Nolo Publications. New, S., 2015, McDonalds and the challenges of a modern supply chain.Harvard Business Review. Paul, R., Roy, S. K., 2014, Case Study 11: Marketing of Services: The McDonalds Way. InMarketing Cases from Emerging Markets(pp. 99-112). Springer Berlin Heidelberg. Percy, L, 2014, Strategic Integrated Marketing Communications. Routledge Publications. Popov, A. and Roosenboom, P., 2013. Venture capital and new business creation.Journal of banking finance,37(12), pp.4695-4710. Scarborough, N.M., 2015.Entrepreneurship and effective small business management. Pearson Higher Ed. Untaru, E., Ispas, A., 2013, Why do young people prefer fast-food restaurants? An exploratory study: Journal of Tourism, (15), 27-34. West, D. C., Ford, J., Ibrahim, E, 2015, Strategic marketing: creating competitive advantage. Oxford University Press, USA. Yu, Y., Wang, X., Zhong, R.Y. and Huang, G.Q., 2016. E-commerce logistics in supply chain management: Practice perspective.Procedia CIRP,52, pp.179-185.

Monday, April 20, 2020

The First World War Essay Example

The First World War Essay The First World War which began in 1914 and ended in 1918 engaged more nations and produced greater destruction as compared to any other war in recorded history besides the Second World War (Roberts 265; Williamson 485).   An assassin’s bullet fired the battle and a system of military alliances drove the central European powers into the battlefront.   Each side anticipated immediate triumph.   However, it took four years for the war to finally draw to a close as it cost the lives of virtually 10 million troops (Roberts 265; BBC News; Williamson 485).Several developments directed to the cruel violence of the Great War, as the First World War was formerly known (Roberts 265; Williamson 485).   War plants continued manufacturing large quantities of newly invented weaponries which can cause extraordinary destruction.   Military conscription created larger defense forces than ever before, and great patriotism made several men commit to a cause they were ready to risk thei r lives for.   Propaganda brought about support for the battle by making the opponent appear villainous.Origins of the First World WarThe assassination of Austria-Hungary Archduke Francis Ferdinand happened on the 28th day of June 1914 at the country’s Bosnia province capital (Roberts 265; BBC News; Williamson 485).   Gavrilo Princip, the assassin is associated with a terrorist group in Serbia, which is now part of the present Yugoslavia (Roberts 265).   Austria-Hungary accused the Serbian government as the mastermind of the assassination.   It took the opportunity to enter into conflict with Serbia and resolve an old dispute.The archduke’s assassination ignited the First World War.   However, it had can also draw its roots in the development of the 1800’s.   Its main causes were a system of military alliances, the race for colonies, the build-up of military power, and the rise of nationalism.Role of ImperialismThe European countries shaped practical ly the entire Africa and much of Asia into colonies by the 1800’s until the earlier part of 1900’s (Roberts 266).   The competition for colonies was ignited by the rising industrialization of Europe.   Colonies provided European countries with opportunities for investment, markets for manufactured goods, and raw materials for factories. However, the race for colonies damaged relations between European nations.   Clashes between opposing powers broke out practically every year.Role of MilitarismAn increase in military power took place among European nations prior to the start of the First World War.   Nationalism promoted public support for military upsurges as well as for a nation’s employment of force to attain its objectives.   Germany had the best-trained defense force the world has ever known during the latter part of the 1800’s (Duff).   It depended on a military conscription of all physically fit young men to improve the strength and exp and the size of its peacetime defense force.   Other European nations chased their lead and built-up their existing armed forces.Initially, Great Britain remained indifferent concerning the military upsurge being done by Germany.   As an island country, it depended on its naval forces for protection – and it had the strongest naval forces in the world at that time.   However, Germany started to form a naval force huge enough to challenge the British naval force in 1898 (Williamson 485).Role of NationalismA century prior to the outset of the First World War, Europe prevented major wars from happening. Even though small wars took place, only few nations were actually involved in the warfare.   However, a force came to the European continent in 1800’s and erupted into a war (Roberts 266; BBC News; Williamson 485).   Such force is otherwise known as nationalism.   The principle behind nationalism is that loyalty to an individual’s country as well as to i ts economic and political ambitions is more important than any other public duty (Roberts 266; Strikwerda 1138).   The exaggerated manifestation of loyalty raised the chances of war since one country’s objectives unavoidably came into contact with that of the others.   Moreover, patriotism caused countries to blow up minor conflicts into major problems.   Consequently, it could lead to a threat of waging a war over nations in dispute.Nationalism destabilized the empires of Ottoman Turkey, Russia, and Austria-Hungary in Eastern Europe.   These empires led many national groups who cried for independence.   Tensions between national groups were particularly tense in the Southern European peninsula in Balkan.   The Balkan Peninsula, otherwise known as the â€Å"Power Keg of Europe† is where conflicts which threatened to provoke a major warfare took place (Williamson 485).   The Ottoman Empire constituted the majority of the Balkans.   The nations who gained independence beginning in 1821 until 1913 were Greece, followed by Montenegro, Serbia, Romania, Bulgaria, and Albania, respectively (Williamson 485).   Each nation argued with each other over the subject of borders.   Russia and Austria-Hungary also capitalized on the Ottoman Empire’s failure to spread its influence in the Balkans.Competition for power over the Balkans augmented the conflicts which led to the eruption of the First World War.   Serbia headed a movement to unify the Slavs in the region.   It gained the support of the most powerful Slavic nation, Russia.   However, Austria-Hungary dreaded Slavic nationalism, which caused instability to its empire.   Austria-Hungary seriously provoked Serbia in 1908 when it added Bosnia and Herzegovina, a Balkan territory to its empire (Williamson 485).   Since many Serbs lived in Bosnia and Herzegovina, Serbia wanted to gain control of the territory.Role of Great Power PoliticsIn the span of weeks following Archdu ke Francis Ferdinand’s assassination, the major European powers were dragged into the First World War.   A few efforts were exerted to avert the warfare.   Great Britain, for instance, suggested an international conference to stop the conflict.   However, Germany turned down the proposal, arguing that the conflict concerned only Serbia and Austria-Hungary (BBC News).   Yet, Germany attempted to prevent the conflict from spreading.   Kaiser Wilhelm II of Germany advised his cousin, Russia’s Czar Nicholas II not to set off (Roberts 267; Williamson 486).Russia had originally withdrawn its support for its ally Serbia.   Austria-Hungary had provoked Serbia by attacking Bosnia and Hercegovina in 1908, and Russia had receded (Williamson 486).   Russia pledged to support Serbia in 1914 Roberts 267).   Russia initially obtained a pledge of support from France.   In addition, at that time, the czar permitted plots to mobilize among the German boundary.   Russ ia declared on the 30th day of July 1914 that it would completely set off (Roberts 267; Williamson 485).On the 1st day of August 1914, Germany entered into conflict with Russia to counter the latter’s mobilization (Williamson 485).   Two days after, Germany waged war against France.   The defense forces of Germany invaded Belgium as it headed for France.   The attack of neutral Belgium triggered Britain to enter into conflict with Germany on the 4th day of August (Roberts 265).   When the war finally drew to a close in November 1918, only a few portions of the world was kept neutral.Role of the Alliance SystemPrior to the outset of the First World War, a sense of security was provided to the European powers by the system of military alliances.   A nation attempted to prevent an assault from its opponents by engaging in a military alliance with one or more nations.   In the event of an assault, the aforementioned agreement assured that other members of the alliance would rescue the nation in danger or to the very least, not to take sides.Even while military alliance granted protection for a nation, the system at the same time formed threats.   As a result of its alliance, a nation could possibly trust to chance its dealings with other nations, something that it would reluctantly engage in without the guarantee of support from its allies.   In times of war, the alliance system required that a number of countries would engage in a battle besides the two who are originally engaged in conflict.   Alliances could push a nation to enter into conflict against another country it had no disagreement with or on a matter it had not concern about at all.   Moreover, the conditions of many alliances remained undisclosed.   The confidentiality increased the possibilities that a nation might mistakenly estimate the costs of the actions it takes.Major Players, Individuals, and EventsArchduke Francis Ferdinand’s assassination sparked the outb reak of the First World War.   However, historians take into account that the war had deep-seated roots.   The war resulted primarily from the development of great national pride amongst diverse European peoples, the establishment of military alliances, a competition for colonies, and a huge expansion of the European defense forces.   At the outset of the war, Russia, Great Britain, and France – collectively known as the Allies supported Serbia (Williamson 485).   The Allies were in opposition with the Central Powers which constitutes Germany and Austria-Hungary (Roberts 265).   Other countries eventually form an alliance with either the Central Powers or the Allies.The War shaping Society, Technology, and WarfareThe First World War resulted in substantial transformation in society.   The loss of many young lives impacted France more than any other nation.   Their population declined in 1920’s due to a low birth rate (Strikwerda 1138).   Millions of peo ple were displaced because of the conflict.   There are those who left their homes laid waste by the war and soon discover their villages, farms, and houses similarly shattered.   Some became refugees because of the changes in leaderships and national boundaries, particularly in Eastern and Central Europe (Strikwerda 1138).When Germany decided to become a major sea power, it turned out to be Great Britain’s bitter rival.   The British naval forces launched its maiden and modern battleship, Dreadnought in 1906 (Roberts 265).   The heavily equipped battleship had superior military capability as compared to any other ship that ever existed during that time.   For this reason, Germany, on its end, hurriedly developed ships resembling the Dreadnought.Technological advances, particularly the techniques, materials, and tools for industrialization augmented the destructive power of the armed forces.   Machine guns as well as other newly developed weapons fired more swiftl y and more accurately as compared to the previous military hardware.   Railways and steamships could accelerate the transfer of equipment and troops.   During the late 1800’s, technology has already made it possible for nations to wage longer battles as well as endure greater damages than they have ever done in the past (Duff).   In spite of that, military experts maintained that future conflicts would be shorter.The First World War produced results that no one from the feuding nations had predicted.   It aided in overthrowing emperors from Russia, Germany, and Austria-Hungary.   The peace treaties following the war established new nations out of the overthrown powers.   It left Europe depleted, in no way able to reclaim its influential position in the world affairs as it previously had before the war began.   The peace settlement also produced situations which thrust the world into another major war.

Sunday, March 15, 2020

The Events Described in Seven Pillars of Wisdom by T. E. Lawrence

The Events Described in Seven Pillars of Wisdom by T. E. Lawrence Introduction Seven Pillars of Wisdom is a historical autobiography written by T. E. Lawrence. During the First World War, British instigated the revolt of Arabs against Turkey while she herself engaged Germany. The plan was for British to win the war from two fronts, though the idea was sold to the Arabs as a freedom campaign which Britain was apparently ready to support.Advertising We will write a custom essay sample on The Events Described in â€Å"Seven Pillars of Wisdom† by T. E. Lawrence specifically for you for only $16.05 $11/page Learn More Lawrence was part of this revolt, fighting alongside Arabs even though he was aware that his government was being dishonest with the Arabs. Chapters 41 through 58 detail Lawrence’s expedition’s imminent arrival at Akaba. Discussion Lawrence wrote that this story ought not to be read as the history of the Arab movement but as the history of him in it (Lawrence). The book therefore comprises of the feelings, experiences and reflections of Lawrence and all the other personalities around him who found themselves caught up in these historical moments. Quite a number of significant players are to be found between chapters 41 and 58 of the book since the Arab revolt involved many people. Foremost, there is Lawrence himself, the Briton charged, on behalf of the British government, to lead the expedition to take Akaba. Lawrence is aware of the insincerity of the British government in its dealings with the Arabs. For this reason, he is guilt ridden and hopes to make the revolt work not only to satisfy British interests but also to ultimately free the Arabs. Then, there are the Arabs, under the leadership of Auda Abu Tayi and Nasri. The Arabs are happy and excited at the prospect of freedom. They are painfully unaware of the immensity of the task they have undertaken and innocently trustful of the good intentions of the Britons. Unseen, but constantly felt, is the presence of the B ritish government and the depth of its insincerity. The chapters describe the passage of Lawrence’s expedition across the deserts and over the ranges of present day Saudi Arabia as it heads for Akaba. The town was deemed strategically important since it could hamper the approach of the British via the Mediterranean Sea as it portended a risk to the operations of the Suez Canal (Lawrence). Akaba, today known as Aqaba, is a strategic port town in present day Jordan, but was at the time under the control of the Turks. These chapters vividly describe the fatigue experienced by the men from riding camels all day; the discomfort of being scorched by the desert sun; the distress of being caught in the sand whirling in the desert wind; the thrill of the constant threat of coming under attack from unknown enemies; and under all this, the knowledge by Lawrence that the whole affair was a lie.Advertising Looking for essay on biography? Let's see if we can help you! Get your firs t paper with 15% OFF Learn More It being an account of individual experiences, the most important occurrence in the chosen chapters is the deep and profound guilt that is felt by Lawrence. Since the Arabs are deemed distrustful of institutions, and could therefore not be prevailed upon under the mere assurance of the British government to go to war, it had fallen upon Lawrence to be the face of the British to the Arabs. He had strived, and succeeded, in gaining their confidence. He however knew that the McMahon pledges and the Sykes-Picot treaty would come to naught once the war was won (Lawrence). In pushing forward with the expedition, he would be taking advantage of the trust the Arabs had in him, and by exploiting their thirst to free Syria and putting the lives of men at risk on the basis of false pretenses. Having assured them that â€Å"England kept her word in letter and spirit† after which the Arabs fell in line behind him, he felt nothing but consist ent and bitter shame (Lawrence). It is for the need to assuage this guilt that he endeavored to steer the Arab Revolt in such a fashion that it would become â€Å"its own success† and in so doing, Britain would be unable to deny the Arabs their moral earned rights (Lawrence). After the liberation of Syria, The General Syrian Congress arrived at the following resolutions detailing the wishes of Syrians: â€Å"that the people of Syria wanted their independence to be recognized; that they rejected the idea of political tutelage; that they rejected any attempts to divide Syria; and that they would be appreciative of foreign assistance for a limited period of time† (Glubb 106-7). France was however given the mandate to occupy Syria by the Supreme Council of Allies and the British army was soon replaced by that of the French. This was in spite of the fact that Syrians were strongly against foreign occupation. Consequently, Amir Feisal, who had fought in the Arab Revolt, rece ived an ultimatum demanding his recognition of the French mandate in Syria (Glubb 109). The contemporary significance of the events described in the chapters chosen arises from their causal relationship with the sequence of occurrences that followed. The areas in Syria that were occupied by the French happened to be the ones that had been promised to the Arabs in the Sykes-Picot Agreement (Glubb 112). The fact that Britain went back on its word on this particular instance, in view of the ensuing political upheaval in Syria for the subsequent decade, ended up in the Arabs being consistently suspicious of the intentions of the British. Even though no such claims had been made by British, it was felt by the Arabs that the original intention behind the British actions was for Syria to be divided up between France and Britain.Advertising We will write a custom essay sample on The Events Described in â€Å"Seven Pillars of Wisdom† by T. E. Lawrence specifically for you fo r only $16.05 $11/page Learn More The French occupation of Syria resulted in the eventual adoption of Western political and cultural concepts. The eventual adoption of democratic institutions of governance, though of a rather primary kind, and the increased imitation of Western culture by young generation Syrians led to the neglect of significant cultural practices. For instance, the apparent gradual loss of the traditional politeness and manners that has previously characterized the Syrian tradition has been attributed to this contact with western culture (Glubb 187). Conclusion The events described in â€Å"Seven Pillars of Wisdom† are of great significance. Through them we get insights behind the complex relationship between Britain and Arabs. It could be argued that in Lawrence is to be found the incarnation of the British sentiment towards Arabs after the events in Syria. The dishonesty of the British in their dealings with Arabs resulted in the French oc cupation of Syria and a deeply ingrained suspicion of Britons by Arabs. The British might not have been able to go against the occupation of Syria by France. What matters however, is that they had conspired to dishonor their promises to the Arabs even prior to the French entry into the equation. This suspicion reinforced by other historical occurrences, still characterizes how Arabs view not only the British but the whole of the Western world. Glubb, John. Britain and the Arabs: A Study of Fifty Years 1908 to 1958. London: J.B.G Ltd, 1959. Print. Lawrence, Thomas. â€Å"Seven Pillars of Wisdom.† 2011. Web. Project Gutenberg.

Friday, February 28, 2020

U.S. History - Reflection Paper Essay Example | Topics and Well Written Essays - 750 words

U.S. History - Reflection Paper - Essay Example While pursuing the course under consideration I came across a few things that were new to me. Britain first lost the War for Freedom in the minds and hearts of the people inhabiting the American colonies, before it lost it on the battlefields of America. Britain never tried to holistically and formally participate in the political issues that were of emotional, social, economic and cultural significance to the colonies. Whatever political influence Britain exercised on the colonies was pecuniary and ‘Britain centric’ in nature that included recognition of the Proclamation Line, posting of British garrisons and imposing arbitrary taxes. Had Britain been more sensitive and astute in its response, perhaps the American Revolution would have never taken place. The other thing that was new to me was the fact that the political and social figures that are oft revered in the American history were marked by immense contradictions in their personal choices and political beliefs. For example Thomas Jefferson is considered to be one of the greatest American Presidents who was publically opposed to slavery. Yet, it was amazing to find out after some research that due to a big personal debt, Jefferson owned slaves for his entire life. 2. One most important thing about the American history that surprised me pleasantly was the text of the Declaration of Independence and its moral and ethical ramifications. I personally feel that the Declaration of Independence is a document that is not only of timeless relevance to the American democracy, but the very ability of its drafters to envisage and formally consolidate the ideals and principles that were of universal appeal and importance, in an age when the means of communication and hence the possibility o f a global spread of ideas was very constrained, is amazing, surprising and pleasant indeed. The Declaration of Independence was indeed a worthy culmination of the liberal ideas enshrined in the Western philosophy and politics. Consider the words: â€Å"We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights that among these are Life, Liberty and the pursuit of Happiness.† The very ability of the drafters to come out with the idea of universal equality in those times is indeed astonishing and surprising. No doubt, at a very late stage, it was Lincoln who once more brought to fore the views and ideals of the Founding Fathers enshrined in the Declaration of Independence to start a war to end slavery, which was to change America forever. I found it really surprising that the Declaration of Independence is a document of recurring importance that is perhaps never going to lose its salubrious fr eshness and appeal in the times to come. 3. The things about the US history that surprised me unpleasantly or disappointed me were the treatment met to the Native Americans and blacks and the very fact that America harbored and exercised imperialist intentions and designs at some time in its history. These aspects of the US history were not only contrary to the American ethos and beliefs, but signified the tendency of a nation to resort to hypocrisy in the face of commercial advantages and interests. Though, the Founding Fathers promised a fair treatment to Native Americans, yet the practice of a specific race to resort to unchecked expansion in the Indian territories, encouraged by a belief in the inferiority of the Native races and culture sounded simply horrific and contradictory. The very same beliefs allowed the plantation holders to exploit the black slaves in an emotional and ethically callous pursuit for

Wednesday, February 12, 2020

Financial Analysis of Mitsui & CO Essay Example | Topics and Well Written Essays - 750 words

Financial Analysis of Mitsui & CO - Essay Example The company seems to be well managed. The profitability assessments are mostly positive, the liquidity position of the company is also steady and the operational efficiency is also relatively good. But the capital structure shows weaknesses. The company needs to reduce its leverage for it to be viable in the longrun. The ratings provided by the above organizations show that the company is well trusted in the market and shows strength. Appendix 1. Return on Investment (ROI) = {Profit before interest and tax (PBIT) / Investment (total assets - current liabilities)} 2007: (2798 / 50,874) x 100; 2006: (2164 / 43270) x 100 2. Gross Profit Ratio = (Gross Profit) / Revenue 2007: (2798 / 41,363) x 100; 2006: (2164 / 29741) x 100 3. Return on Equity (ROE) = {Profit after interest and tax / Equity }x 100 2007: (1347 / 17,884) x 100; 2006: (1066 / 14,341) x 100 4. Earnings per share (given as income per share) 5. Working Capital = Current assets - Current liabilities 2007: (42,998 - 32,290) ; 2006: (40,571 - 30,008) 6. Current Ratio = Current assets : Current liabilities 2007: ((42,998 / 32,290) ; 2006: (40,571 / 30,008) 7. Acid Test (or Quick) Ratio = Quick Assets : Current liabilities (Quick assets = current assets - stocks) 2007: (42,998 - 2155) / 32,290 ; 2006: (40,571 - 2736) / 30,008 8. Total Asset Turnover = Revenue / Total assets (fixed + current) (times) 2007: (41,363 / 83,164) ; 2006: (35,175 / 73,278) 9. Fixed Asset Turnover = Revenue / Fixed Assets (times) 2007: (41,363 / 8365) ; 2006: (35,175 / 6378) 10. Cash Turnover Ratio = Revenue / Average Cash Balances (times) 2007: {41,363 / [(6780 + 5958)/ 2] }; 2006: {35,175 / [(5958 + 7400) / 2]} 11. Gearing ratio = {Total debt capital / (Total debt capital + Equity funds) }x 100 2007: {(5583 + 3151) / [5583 + 3151 + 17,884] ] x 100; 2006: {(4622 + 3019) / [4622 + 3019 + 14,341] } x 100 12. Debt-Equity ratio = (Debt capital / Equity capital ) x 100 2007: {(5583 + 3151) / 17,884 }x 100; 2006: {(4622 + 3019) / 14,341} x 100 13. Debt Ratio = (Total Debt Finance / Total Assets) x100 2007: {(5583 + 3151) / 83,164}x 100; 2006: {(4622 + 3019) / 73,278}x 100 References Annual Report 2007: Mitsui & Co, Ltd. [Online]www.mitsui.co.jp. Annual Report 2006: Mitsui & Co, Ltd. [Online]www.mitsui.co.jp. Annual Report 2005: Mitsui & Co, Ltd. [Online]www.mitsui.co.jp. Annual Report 2004: Mitsui & Co, Ltd. [Online]www.mitsui.co.jp. "Financial Information: Credit Ratings." www.mitsui.co.jp. "Mitsui &

Friday, January 31, 2020

Traditional versus Online Shopping Essay Example for Free

Traditional versus Online Shopping Essay Through the innovations of technology, human activities changed. Technology has indeed influenced the daily lives of men. Impossible things were made possible. Complicated and tiresome jobs were made easy through technological gadgets and internet. Convenience and efficiency are indeed the end purpose of these technological innovations.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   One aspect of life that is significantly influenced by internet is shopping or purchasing. In shopping people can now choose between traditional and online shopping. Traditional shopping is the usual way people buy their items which is in supermarket or stores, while online shopping is done through internet. Meanwhile, traditional shopping is also referred as brick-and-mortar store (Olsen, 228) Both serves a purpose of catering the needs of buyers and at the same time profit from the transaction. In addition, both kinds of shopping offers advantage and disadvantage to the buyers.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   There are some similarities of the brick-and-mortal and online stores. As to availability, buyers can buy at any time of the day and night. Due to competition some stores open and serves 24/7, even during holidays. Shopping online can also be done at any time by simply browsing through the website.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   However, they differ in many ways. As to physical location, a space, store or warehouse is very important for traditional shopping, while online store do not need such space (Olsen, 235). For the buyers convenience, online shopping offers more than traditional shopping. In traditional shopping, the buyer need to go to supermarkets or stores, while in online shopping, the buyer just need to go to the URL or marketing site of the seller. Moreover, as to availability, some stores are open only within opening hours, while online shopping is available at anytime and anywhere (Olsen, 235). Besides online shopping do not require transportation to the advantage of the customer.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In traditional shopping, the buyer can see, hold, try, and test the items while online shopping only offers the buyer to see and read the description of the product (Olsen, 235). The products will directly be presented to brick-and-mortar store while it is done indirectly in online shopping. In addition to online shopping, customers are able to easily browse the types of the products, compare the features and prize to others, and check its availability (Grewal, 5). Thus, searching is made easier, convenient, and effective. Moreover, time and effort of the customer is saved in online shopping.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   As to product information, the buyer needs the service of a staff to answer his queries. However, in online shopping, any additional information or inquiries is available on page or by hypertext links (Olsen, 235). Payment method also differs. In traditional shopping, payment is done manually and can the products are paid in cash, check, credit card or store card (Olsen, 235). In online shopping, the transaction is done automatically and is paid through a credit card (Olsen, 235).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In delivering the product, the buyer in traditional shopping usually gets the product at the time he purchases it. In online shopping, the customer has to wait for days before he would really enjoy the product he bought. For impatient people, online shopping is not suited for them (Olsen, 235). Sometimes, in online shopping, the customer receives a copy or similar to the description he required. Furthermore, online shopping can be stressful because the customer pays additional fees such as shipping and bank charges.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In a customer and seller relationship, traditional shopping is more beneficial. In online shopping, the merchants cannot be seen by the merchants (Philosophe.com, n. pag.). Customers cannot wander in stores, and they only have access to the presentations in the website (Philosophe.com, n. pag.). On the other hand, in traditional shopping, the customers can build relationship with the staff of the store and trust that the products they choose are quality guaranteed.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   In ascertaining the type of shopping needs, it is important to weigh the benefits to be gained. It is also essential to consider the practicality of each type of shopping. These are merely alternatives but the buyer has his freedom to purchase the way he wants. Works cited Grewal, Dhruv, Iyer, Gopalkrishnan. R., Levy, Michael. â€Å"Internet retailing: enablers, limiters and market consequences.†Ã‚   Journal of Business Research 57 (2002): 703-713. Olsen, Kai, A. The Internet, the Web, and Ebusiness: Formalizing Applications for the Real World. Scarecrow Press, 2005. â€Å"Online vs Traditional Shopping.† Philosphe.com. 5 July 2008   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     http://www.philosophe.com/commerce/traditional.html

Thursday, January 23, 2020

The Second Tradition of Thanksgiving Essay -- Essays Papers

When the great holiday of Thanksgiving comes to mind, most people think of becoming total gluttons and gorging themselves with a seemingly unending amount of food. Others might think of the time spent with family and friends. The whole basis of the holiday is family togetherness, fellowship, and thankfulness for blessings received during the previous year. Every family has their own unique way of spending time together with loved ones only seen during the holidays. In the Stock home, there is only one thing we enjoy doing. Sure, like every other family we have our grand and elaborate dinner, which is composed of all the greatest delicacies my mother and grandmother can whip up. Of course, as is expected, after stuffing ourselves as if this was our last meal the men in the family congregate in the living room. We sit and wait for our tradition to begin by discussing how each of our lives has been unfolding since last Thanksgiving. Finally, the moment arrives, kick off of the first of many Thanksgiving Day football games. There are thousands of fans who watch football with religious devotion. At the Stock house that is not the case. However on Thanksgiving, our eyes glaze over and we rise to the highest of football enthusiasts. Every man sitting around our big screen T.V. has his own team to cheer for, which usually causes many spirited discussions during the four quarters of testosterone induced insanity. As the game plays on we all grow further and further engrossed in watching. As the women talk in the kitchen and the children run around, sometimes even right in front of the television, our stares never stray from the glowing giver of joy. It might seem silly... ...nderstand and appreciate the games my dad and the rest of my male family members have been watching for years, I became that much closer with all of them. As John Madden said â€Å"The turkey brings the family together, but the football keeps them together† (www.espn.com). As a tradition Thanksgiving’s football watching extravaganza has become an occasion I have begun to look forward to for months. After spending this great tradition with my father and my family those geezers are looking a lot younger. Work Cited Stock, John, Personal Interview, 11-29-03 www.espn.com, Friday, Nov. 21, ESPN, 11-21-03 www.football.com, Friday, Nov. 21, NFL Internet Network, 11-21-03 http://rats2u.com/thanksgiving_events.htm, 2001, St. Clair Associates, 11-21-03 http://www.dezmin.com/Mtarchives/000-122.html, Nov. 21, 2001, Dezmin’s Archives and It’s Contributors, 11-21-03

Wednesday, January 15, 2020

The Chinese Abacus – Short Essay

The Chinese Abacus The Chinese Abacus is a simple device for performing mathematical calculations. The Chinese Abacus also known as a â€Å"Suanpan† in Chinese. The Abacus was first mentioned by the mathematician Xu Yueh at the end of Eastern Han Dynasty (25-220 A. D). The Abacus is a tool for calculating numbers, and was widely used in ancient times up to the invention of the modern mechanical and electronic calculators. The Abacus is similar to the modern calculator. It has a rectangular wooden frame with beads in the columns.There is a cross rod to divide beads into two parts, above the rod each bead represents quantities of five and as it moves right it goes up like 50, 500, 5000 and so on, while under the rod each bead represents quantities of one and goes up to 10, 100, 1000, and so on. The basic operations for which the abacus is helpful include arithmetic operations such as addition, subtraction, multiplication, and division. The computational methods using an Abacus a re called abacus calculations. This device was created using wood and beads. You only count the beads that are in the center on the divider.The Abacus is still in use today by shopkeepers in Asia and â€Å"Chinatowns† in North America. The use of the abacus is still taught in Asian schools, and some few schools in America. Blind children are taught to use the Abacus. One particular use for the Abacus is teaching children simple mathematics and especially multiplication. The Abacus is also an excellent tool for teaching other base numbering systems since it easily adapts itself to any base. I made my Abacus by simply getting four wood planks and nailing them together to make a wooden frame.Then I got another wood plank and nailed in the middle to make the cross rod. I drilled 13 holes on the cross rod, the top, and bottom of the frame. I got a stick stuck it through the top of the frame, placed two beads in and stuck it through the cross rod, added five more beads then stuck t he stick through the bottom part of the frame thus making the first column. I continued this process 12 more times until I finished all of the 13 columns. After I was done I painted my frame purple and I was finished. A perfectly crafted Chinese Abacus made within one and a half hours. .

Tuesday, January 7, 2020

Biography of Rem Koolhaas, Dutch Architect

Rem Koolhaas (born November 17, 1944) is a Dutch architect and urbanist known for his innovative, cerebral designs. He has been called a modernist, a deconstructivist, and a structuralist, yet many critics claim he leans toward humanism; his work searches for a link between technology and humanity. Koolhaas teaches at the Graduate School of Design at Harvard University. Fast Facts: Rem Koolhaas Known For: Koolhaas is an architect and urbanist known for his unusual designs.Born: November 17, 1944 in Rotterdam, NetherlandsParents: Anton Koolhaas and Selinde Pietertje RoosenburgSpouse: Madelon VriesendorpChildren: Charlie, TomasNotable Quote: Architecture is a dangerous mixture of power and impotence. Early Life Remment Lucas Koolhaas was born in Rotterdam, Netherlands, on November 17, 1944. He spent four years of his youth in Indonesia, where his father, a novelist, served as cultural director. Following in the footsteps of his father, the young Koolhaas began his career as a writer. He was a journalist for the Haase Post in The Hague and later tried his hand at writing movie scripts. Koolhaass writings on architecture won him fame in the field before he had even completed a single building. After graduating in 1972 from the Architecture Association School in London, Koolhaas accepted a research fellowship in the United States. During his visit, he wrote the book Delirious New York, which he described as a retroactive manifesto for Manhattan and which critics hailed as a classic text on modern architecture and society. Career In 1975, Koolhaas founded the Office for Metropolitan Architecture (OMA) in London with Madelon Vriesendorm and Elia and Zoe Zenghelis. Zaha Hadid—a future winner of the Pritzker Architecture Prize—was one of their first interns. Focusing on contemporary design, the company won a competition for an addition to the Parliament in The Hague and a major commission to develop a master plan for a housing quarter in Amsterdam. The firms early work included the 1987 Netherlands Dance Theater, also in The Hague; Nexus Housing in Fukuoka, Japan; and Kunsthal, a museum built in Rotterdam in 1992. Delirious New York was reprinted in 1994 under the title Rem Koolhaas and the Place of Modern Architecture. The same year, Koolhaas published S,M,L,XL in collaboration with the Canadian graphic designer Bruce Mau. Described as a novel about architecture, the book combines works produced by Koolhaass architectural firm with photos, plans, fiction, and cartoons. The Euralille Master Plan and Lille Grand Palais on the France side of the Channel Tunnel were also completed in 1994. Koolhaas also contributed to the design for the Educatorium at the University of Utrecht. Koolhaass OMA completed Maison à   Bordeaux—perhaps the most famous house built for a man in a wheelchair—in 1998. In 2000, when Koolhaas was in his mid-50s, he won the prestigious Pritzker Prize. In its citation, the prize jury described the Dutch architect as that rare combination of visionary and implementer—philosopher and pragmatist—theorist and prophet. The New York Times declared him to be one of architecture’s most influential thinkers. Since winning the Pritzker Prize, Koolhaass work has been iconic. Notable designs include the Netherlands Embassy in Berlin, Germany (2001);  the Seattle Public Library in Seattle, Washington (2004);  the CCTV Building in Beijing, China (2008);  the Dee and Charles Wyly Theatre in Dallas, Texas (2009);  the Shenzhen Stock Exchange in Shenzhen, China (2013);  the Bibliothà ¨que Alexis de Tocqueville in Caen, France (2016);  the Concrete at Alserkal Avenue in Dubai, United Arab Emirates (2017); and his first residential building in New York City at  121 East 22nd Street. A few decades after founding OMA, Rem Koolhaas reversed the letters and formed AMO, a research reflection of his architecture firm. While OMA remains dedicated to the realization of buildings and masterplans, states the OMA website, AMO operates in areas beyond the traditional boundaries of architecture, including media, politics, sociology, renewable energy, technology, fashion, curating, publishing, and graphic design. Koolhaas continued to do work for Prada and in the summer of 2006, he designed the Serpentine Gallery Pavilion in London. Visionary Pragmatism Koolhaas is known for his pragmatic approach to design. The McCormick Tribune Campus Center in Chicago—completed in 2003—is a good example of his problem-solving. The student center is not the first structure to hug a rail—Frank Gehrys 2000  Experience Music Project (EMP) in Seattle has a monorail that goes directly through that museum, like a Disney extravaganza. The Koolhaas Tube (made of corrugated stainless steel) is more practical, though. The city train connects Chicago with the 1940s campus designed by  Mies van der Rohe. Not only was Koolhaas thinking about urbanist theory with the exterior design, but before designing the interior he set out to document student patterns of behavior to create practical pathways and spaces inside the student center. This was not the first time Koolhaas had played with trains. His Master Plan for Euralille (1989–1994) transformed the northern city of Lille, France, into a tourist destination. Koolhaas took advantage of the completion of the Channel Tunnel, using it as an opportunity to remake the city. Of the project, he said: Paradoxically, at the end of the 20th century, the frank admission of the Promethean ambition—for example, to change the destiny of an entire city—is taboo. Most of the new buildings for the Euralille project were designed by French architects, except for Congrexpo, which Koolhaas himself designed. Architecturally, Congrexpo is scandalously simple, it says on the architects website. It is not a building that defines a clear architectural identity but a building that creates and triggers potential, almost in an urbanistic sense. In 2008, Koolhaas designed the China Central Television Headquarters in Beijing. The 51-story structure looks like an enormous robot. Yet The New York Times writes that it may be the greatest work of architecture built in this century. These designs, like the 2004 Seattle Public Library, defy labels. The Library appears to be made up of unrelated, disharmonious abstract forms, having no visual logic. And yet the free-flowing arrangement of rooms is designed for basic functionality. Thats what Koolhaas is famous for—thinking forward and backward at the same time. Designs of the Mind How are we to respond to structures with glass floors or erratically zigzagging stairs or shimmering translucent walls? Has Koolhaas ignored the needs and aesthetics of the people who will occupy his buildings? Or is he using technology to show us better ways to live? According to the Pritzker Prize jury, Koolhaass work is as much about ideas as it is buildings. He became famous for his writings and social commentary before any of his designs was actually constructed. And some of his most celebrated designs remain on the drawing board. Koolhaas has said that only 5% of his designs ever get built. Thats our dirty secret, he told Der Spiegel. The biggest part of our work for competitions and bid invitations disappears automatically. No other profession would accept such conditions. But you cant look at these designs as waste. Theyre ideas; they will survive in books. Sources â€Å"Jury Citation: Rem Koolhaas.† The Pritzker Architecture Prize.â€Å"IIT McCormick Tribune Campus Center.† OMA.Oehmke, Philipp, and Tobias Rapp. â€Å"Interview with Star Architect Rem Koolhaas.† Spiegel Online, Der Spiegel, 16 Dec. 2011.Ouroussoff, Nicolai. â€Å"Koolhaas, Delirious in Beijing.† The New York Times, The New York Times, 11 July 2011.