Annoying Shoppers

Johnny Bullock English 104 Bowman December 5, 2012 Annoying Shoppers Grocery shopping can be a very interesting experience. It seems like nothing more than a quick and easy chore at first. You go in, throw whatever you want into your cart, pay and then get out. Its almost relaxing, that is if the grocery store is completely empty. Unfortunately, there are always those other shoppers. The ones who think they own the place or something. They’re in just about every grocery store in America. You know who I’m talking about, that one parent- usually a mom- with a kid who just so happens to be screaming bloody murder.Also, everyone knows a bad cart driver when they see one, not to mention the label readers. And finally, probably the worst of them all, the Couponers. If you’re like me and you like to get your grocery shopping done as fast and productive as possible, these four shoppers are your worst enemies. Imagine yourself going to the grocery store. You drive into th e parking lot, circle around for a minute or so just to find that perfect spot as close to the front door as possible. You gather the things you need: grocery list, phone, money, credit cards etc, and exit your car.As you walk by the automatic doors to go get a cart, the doors open and that’s when you hear it. That ear piercing, glass breaking, nails-on-a-chalkboard howl that comes from a small child no taller than your knee. As the screaming stops- only for an instant as the heathen catches its breath- and starts back up again, you find yourself blankly staring at the mother of this child as you pass by each other. You can’t help but think, â€Å"can you please take some control of your kid? This is a public place not your home! † but decide its better to just keep walking.Until you realize that you have completely forgotten what you were shopping for thanks to that bellowing kid. Good thing you brought a list right? The doors close behind you and the screaming fades. You have but a moment of peace before you look up and ZOOM!! Some guy decides its a good idea to use his cart as a scooter, almost hitting you as he whizzes over to the produce section. Now, what in the world would make him think that’s a good idea? The grocery store is not a skatepark, and I’m certain that its small enough to easily get from point A, to point B just by walking.Is it possible that he’s just looking for a little more excitement in his life? Maybe, he’s the same as you or me and wants to get his shopping done as fast as he can. Whatever the reason, people like him need to learn some courtesy and realize that there are other people in the world. You are now able to get started and pick up all the things on your list, you decide to turn down the â€Å"organics† aisle figuring it would be a shorter path to the front of the store. Little did you know this would be your worst mistake of the whole trip. Walking down the row of heal thy foods are some of the worst grocery shoppers there are, the label-readers.These are the health-nuts who will literally stand in the middle of the aisle and read every nutrition fact, ingredient, percentage and amount of grams per serving there are in a caesar salad. Then, as if it wasn’t already bad enough, they will continue to put that salad down and grab another salad made by a different company in order to compare the labels. Now, this wouldn't be such a problem if they didn’t decide to park their cart on one side of the aisle and stand on the other side reading the labels, stopping you dead in your tracks.Obviously label-readers must think its their world and the rest of us are just living in it. In which case, they need a wake up call. But regardless of the fact, you don’t want to be rude so you politely say â€Å"excuse me† and proceed to the check out counter. The check out counter, the final stretch of your shopping experience. All there is l eft to do now is pay for your items and go. It seems like this should be the easiest part right? Wrong. Unfortunately, you have two items too many to use the â€Å"express lane,† and all but one of the â€Å"self checkout† machines are out-of-order.So, after carefully scanning each regular check-out line, you finally spot the one with what seems like the shortest line and casually stroll over there to wait your turn. What you didn’t see, was that the lady you decided to stand behind had the entire store in her cart! Little did you know that she was the worst shopper of them all- the Couponer. This is the bargain-shopper who’s annoying actions are broken down into three steps. First, this shopper will decide to pack her cart so full that the pile of groceries in her cart is taller than she is!Inevitably, creating a longer waiting time for you. Next, she will stand there, stare at the clerk’s computer screen and argue about the 2-for-1 price for ever y item that doesn’t match up exactly the way she wants. Finally, after all her groceries are scanned, bagged and carted, the couponer will then proceed to dig through her entire purse searching for every coupon she has ever saved over the past year for that one shopping trip. As if she hasn’t already wasted enough of everyone’s time.It is at this point of your experience when you realize that any hope of an efficient and speedy shopping trip was just tossed out the window. With all of the annoying people that decide to go to the grocery store, shopping can easily turn from a quick and easy chore into one of the most tedious experiences of your life. I encourage you, as a shopper, to watch out for people like this the next time you go shopping. Unless you just so happen to be one of these people, in which case I will be watching out for you next time I take a trip to the grocery store.

Participative Management Essay

The world today is filled up with working places and organizations. Every organization is putting its efforts to run the trade and commerce of the world. The top most organizations of the world such as Intel, Microsoft and IBM are the best because they have the best human resource. The human resource of a company plays the most vital role which pushes the organization to the zenith of their expectations. The main aspect of an organizations success is the team work and management of time and resources. According to Wikipedia, â€Å"Teamwork is the concept of people, working together cooperatively or as a team in order to accomplish the same goals and objectives†. A general dictionary defines teamwork as a â€Å"Cooperative or coordinated effort on the part of a group (sociology) of persons acting together as a team or in the interests of a common cause, unison for a higher cause, people working together for a selfless purpose, and so on.† Some things cannot be accomplished by people working all by them selves. Larger, more ambitious goals usually require a number of people work together with other people. Because of this obstacle, teamwork is a desired goal of many leading businesses and organizations today. Projects often require those people who can work together in order to accomplish a common goal. Although critics often argue that in the corporate business world teamwork has become an empty buzzword, or a form of corporate-speak. Effective collaborative skills (knowledge) are necessary to work well in an environment like this. As businesses and organizations become larger or more complicated. Many employers attempt to enhance their employees’ collaborative efforts through self-training, cross-training and conducting workshops in order to help people effectively work together in a group and accomplish shared goals. What is participative management? Participative management can be easily explained as â€Å"An open form of management where employees have a strong decision-making role†. Participative management is developed by managers who actively seek a strong cooperative relationship with their employees and colleagues. The advantages of participative management include increased productivity, improved quality, and reduced costs Once Ken Blanchard said, â€Å"None of us is as smart as all of us†. Participative (or participatory) management, otherwise known as employee involvement or participative decision making, encourages the involvement of stakeholders at all levels of an organization in the analyzing of problems, development of strategies and implementation of solutions. Employees are brought together to share in the decision-making process of the firms by participating in activities such as setting goals, determining work schedules and putting forward suggestions. Other forms of participative management include increasing the responsibility of employees (job enrichment); forming self-managed teams, quality circles, or quality-of-work-life committees; and soliciting survey feedback. Participative management, however, involves more than allowing employees to take part in making their own decisions too. It also involves management treating the ideas and suggestions of employees with consideration and respect. The most extensive form of participative management is direct emp loyee ownership of a company. Four processes influence participation. These processes create employee involvement as they are pushed down to the lowest levels in an organization. The farther down these processes move, the higher the level of involvement by employees. The four processes include: 1. Information sharing, which is concerned with keeping employees informed about the economic status of the company. 2. Training involves raising the skill levels of employees and offering development opportunities that allow them to apply new skills to make effective decisions regarding the organization as a whole. 3. Employee decision making, which can take many forms, from determining work schedules to deciding on budgets or processes. 4. Rewards, which should be tied to suggestions and ideas as well as performance. Benefits of participative management A participative management style offers various benefits at all levels of an organization. By creating a sense of ownership in a company, participative management instills a sense of pride and motivates employees to increase productivity in order to achieve their goals. Employees who participate in the decisions of the company feel like they are a big part of a team with a common goal and find their sense of self-esteem and creative fulfillment heightened which results in a brilliant motivation which increases the productivity of an individual. Managers who use a participative style find that employees are more receptive to change than in situations in which they have no voice or part. Changes are implemented more effectively when employees have input and make contributions to decisions. Participation keeps employees informed of upcoming events so they will be aware of potential changes. The organization can then place itself in a proactive mode instead of a reactive one, as managers are able to quickly identify areas of concern and turn to employees for solutions. Participation helps employees gain a wider view of the organization. Through training, development opportunities, and information sharing, employees can acquire the conceptual skills needed to become effective managers or top executives. It also increases the commitment of employees to the organization and the decisions they make. Creativity and innovation are two important benefits of participative management. By allowing a diverse group of employees to have input into decisions, the organization benefits from the synergy that comes from a wider choice of options. When all employees, instead of just managers or executives, are given the opportunity to participate, the chances is increased that a valid and unique idea will be suggested. Requirements of participative management A common misconception by managers is that participative management involves simply asking employees to participate or make suggestions or take part in making changes. Effective programs involve more than just a suggestion box. In order for participative management to work, several issues must be resolved and several requirements must be met. First, managers must be willing to relinquish some control to their workers; managers must feel secure in their position in order for participation to be successful. Often managers do not realize that employees’ respect for them will increase instead of decrease when they implement a participative management style where all of the employees are considered eligible to give suggestions. The success of participative management depends on effective planning and a slow, phased approach. Changing employees’ ideas about management takes time, as does any successful attempt at a total cultural change from a democratic or autocratic style of management to a participative style. Long-term employees may resist changes, not believing they will last. In order for participation to be effective, managers must be genuine and honest in implementing the program. Many employees will need to consistently see proof that their ideas will be accepted or at least seriously considered. The employees must be able to trust their managers and feel they are respected. . It is important to remember that the manager may not agree with every idea or suggestion given by an employee, how those ideas are received is critical to succeed in participative management. Participatory management does not work with employees who are passive or simply do not care about the organization. Many times employees do not have the skills or information necessary to make good suggestions or decisions too. In this case, it is important to provide them with information or training; so they can make informative choices about their field of expertise. One way to help employees engage in the decision-making process is by knowing their individual strengths and capitalizing on them. By guiding employees towards such areas in which they are knowledgeable, a manager can help to ensure their success. Managers should also give employees time to think about ideas or alternative decisions. Employees often do not do their most creative thinking on the spot and take little bit of more time. Another important element for implementing a successful participative management style is the visible integration of employees’ suggestions into the final decision or implementation of the decision. Employees need to know that they have made a contribution to the thought of the organization and should be appreciated for it. Offering employees a choice in the final decision is important because it increases their commitment, motivation, and job satisfaction. Sometimes even just presenting several alternatives and allowing employees to choose from them is as effective as if they thought of the alternatives themselves. The key is to build employee confidence so their ideas and decisions can become more creative and sound. Concerns Participative management is not a magic cure for all that ails an organization. Managers should carefully weigh the pros and the cons before implementing this style of management to their own. Managers must realize that changes will not take effect overnight and will require consistency and patience before employees will begin to see that the management is serious about employee involvement. Participative management is probably the most difficult style of management to practice. It is challenging not only for managers but for employees as well. Participative management programs can be threatened by office politics. Due to hidden agendas and peer pressure, employees may keep their opinions to themselves and refuse to tell a manager if they feel an idea will not work. A Manager also plays a part in politics when they implement participative management programs to impress their own bosses but have no intention of seeing them through. â€Å"The old structures are being reformed. As organizations seek to become more flexible in the face of rapid environmental change and more responsive to the needs of customers, they are experimenting with new, team-based structures† (Jackson & Ruderman, 1996). Why Team Building is necessary Teamwork is essential for competing in today’s global arena, where individual perfection is not as desirable as a high level of collective performances. In knowledge based enterprises, teams are the norm. A critical feature of this team is that they have a significant degree of empowerment or decision-making authority. There are many different kinds of teams: top management teams, focused task forces, self-directed teams, concurrent engineering teams, product/service development and/or launch teams, quality improvement teams, and so on. Team vs. Group Not all groups in organizations are teams, but all teams are groups. The difference between a team and a group is that a team is interdependent for overall performance. A group qualifies as a team, only if its members focus on helping one another to accomplish organizational objectives and goals. In today’s quickly changing business environments, teams have emerged as a requirement for the success of business. Therefore, managers and leads should constantly try to help groups become teams and facilitate the evolution of groups into teams. Vince Lombardi (1913-1970), football coach for the NFL, once said:  Ã¢â‚¬ People who work together will win, whether it be against complex football defenses or the problems of modern society†. Importance of Teamwork The importance of teamwork is presented in every seminar you attend or business book you read. Without teamwork, houses take longer to build. Governments collapse. Without teamwork, people lose their inspiration and motivation. Importance of the world is known with team work and it has played a part in company turnarounds. Our teamwork training programs dispel the negative myths of teamwork while developing and encouraging the importance of teamwork that can be enjoyed by all parties involved in it. There are three main steps involved with instilling the importance of teamwork within a company environment: 1) Begin with the end in mind – Make a specific list of how your employees, customers and business as a whole will benefit, when they see the true importance of teamwork and team playing. Only then you can outline your objectives and goals which you have to achieve. 2) Make a plan – Do you have the resources to develop teamwork internally? Or, do you need to bring in some experts to assemble and conduct a customized training program for your business team? This is a critical decision on your part and a corporate training company would love the opportunity to discuss how a team would work after learning their outstanding training methods. 3) Quantify and monitor results – The results from teamwork can be measured but only if you have a defined process in place. This measuring process will be the fuel you will need to convince the management and the staff that ongoing efforts would be made to increase teamwork efficiency cordially. Once management and staff alike experience the importance of teamwork, they will be fueled to achieve even more and to touch the heights.

Ataxia Telangiectasia Mutated in Glucose Transport

Ataxia Telangiectasia Mutated in Glucose Transport A role for ataxia telangiectasia mutated in insulin-independent stimulation of glucose transport Abstract Literature reports suggest that ataxia telangiectasia mutated (ATM) can activate the AMP-activated protein kinase (AMPK), a protein that can stimulate glucose transport in skeletal muscle. We hypothesized that 5-aminoimidazole-4-carboxamide ribonucleotide (AICAR), an AMPK activator, would increase glucose transport in mouse extensor digitorum longus (EDL) muscles in an ATM-dependent manner. AICAR-stimulated glucose transport was prevented by the ATM inhibitor KU-55933 and in ATM-deficient (ATM-/-) muscle despite normal stimulation of AMPK phosphorylation. S231 of TBC1D1 matches the sequence motif of ATM substrates, and phosphorylation of this site is known to inhibit TBC1D1 and lead to increased glucose transport. Accordingly, we assessed TBC1D1 phosphorylation and found that AICAR-stimulated phosphorylation of TBC1D1 at S231did not occurin ATM-/- muscle. However, activation of ATM without activation of AMPK was insufficient to increase TBC1D1 phosphorylation.The data suggest that ATM plays a role in AICAR stimulated glucose transport downstream of AMPK. Keywords: AMP-activated protein kinase; ataxia telangiectasia mutated; TBC1D1; AICAR; glucose transport; skeletal muscle Introduction The serine-threonine kinase ataxia telangiectasia mutated (ATM) appears to play a role in glucose homeostasis. For example, recent genome-wide association studies have found that genetic variations near the ATM gene are related to glycemic responses to metformin [1, 2], a commonly-prescribed drug for blood glucose control. While the mechanism for metformin’s effect on blood glucose levels is under debate [3-6], it is known that metformin acutely stimulates glucose transport into skeletal muscle concomitant with activation of the AMP-activated protein kinase (AMPK) [7]. Activation of AMPK is sufficient to stimulate insulin-independent glucose transport into skeletal muscle [8, 9]. Intriguingly, ATM dependence has been reported for activation of AMPK in response to DNA damage or insulin-like growth factor 1 in HeLa cells and fibroblasts, exposure of lung cancer cells to ionizing radiation,exposure of lymphoblaststo H 2 O 2 , or treatment of HeLa cells and mouse embryonic fibroblasts with the adenosine analog AICAR [10-14]. Despite these suggestive data on the role of ATM upstream of AMPK, the potential role of ATM in AMPK-dependent stimulation of glucose transport has not previously been investigated in skeletal muscle, the predominant whole-body storage depot for glucose. Accordingly, the purpose of this study was to test the hypothesis that glucose uptake stimulated by the AMPK activator AICAR would be dependent on ATM in skeletal muscle. Methods Materials Antibodies against TBC1D1, AMPK, phosphorylated AMPKÃŽ ± T172 (P-AMPK), and phosphorylated ATM S1981 (P-ATM) were purchased from Cell Signaling Technology (Beverly, MA, USA). Antibodies aga inst phosphorylated TBC1D1 (P-TBC1D1) S237 (S231 in mouse) were purchased from EMD Millipore Corporation (Billerica, MA, USA). Antibodies against tubulin and ATM were obtained from Sigma-Aldrich Corporation (St. Louis, MO, USA). Horseradish peroxidase-conjugated secondary antibodies were obtained from Pierce Biotechnology (Rockford, IL, USA). The ATM inhibitor KU-55933 was a generous gift from Dr. Graeme Smith (KuDOSPhramaceuticals, Cambridge, UK). The AMPK inhibitor Compound C was provided by Merck & Co., Inc. (Rahway, NJ, USA). Doxorubicin was purchased from Sigma-Aldrich Corporation. Radiolabeled 2-deoxyglucose and mannitol were purchased from American Radiolabeled Chemicals, Inc. (St. Louis, MO, USA).

Mexican Muralism and the Argentinian Avant-Garde Essay

Mexican Muralism and the Argentinian Avant-Garde - Essay Example Mexican Muralism originated in 1910 in resistance to the authoritarianism of Porfirio DÃ ­az, grew into a vicious social rebellion. It continued all through the following period, captivating the lives of nearly a million Mexican individuals. Beginning nearly instantaneously in 1920 and then in the eras that followed, statesmen, philosophers, and musicians joined powers not only to get well from the financial and public wreckage of the hostilities, but besides to redefine Mexico’s state personality. Through setting up of new institutes, reading rooms, and exhibition halls, the provision for widely held commemorations and civilizations, and the benefaction of large-scale open art, they struggled to unite supporters of various social programs under distinctively Mexican beliefs. While several scholars and comedians portrayed Mexico’s native philosophies and past for encouragement, the movement of renaissance to speak about these uncomfortable tries assisted a social reviv al proposes a dependence on the Italian Rebirth as an ancient classic. Contrasting to the Italian Rebirth, nevertheless, the ethnical rebirth was narrowly knotted to a politically aware rebirth. All through the Spanish majestic period, painting urbanized mainly as a spiritual art in cathedrals, the Argentinian Avant-Garde Movement was kown to Christianize native inhabitants. Spiritual painting was frequently done by enforced indigenous entertainers and African slaves under guidance of spiritual leaders. Numerous foreign performers visited Argentina.

Risk analysis (Brazil) Research Paper Example | Topics and Well Written Essays - 2500 words

Risk analysis (Brazil) - Research Paper Example The official currency is the Real that divides into 100 Centavos. Moreover, the country pursues industrial and agricultural growth and development of its interior. This entails exploiting the extensive natural resources in the country and utilizing the large labor pool. Today, Brazil enjoys the top position as the leading economic power and a regional leader in South America. In addition, the country led in the economic recovery efforts in the region. However, a wide gap in income distribution and crimes remain greatest problems in Brazil. The Wall Street Journal reported on Brazil’s economic growth on for the second quarter of the year 2012. According to the article, Brazil’s Listless Growth Continues, there is a continued slump in the country’s economy despite efforts by the government to salvage it. Government statistics show that there was slowed growth in the second quarter registered at 1.6%, much lower than the projected value. Brazilian government impleme nted tax cuts, record interest rate cuts and campaigned to weaken its currency in order to ignite more economic activities. However, these efforts did not increase the pace and the economy was still sluggish (Fick, Magalhaes and Lyons). The report further indicates that the country registered the fastest growth rate in the world during the global financial crisis in the recent years. As a result, numerous investors considered investing in Brazil due to the development leap. It also geared the hosting of two main global events namely the soccer World Cup in 2014 and 2016 Olympic Games. However, the optimism on the economy is slowly turning into apprehension. As a result, the current climate for multinational investment is marred with uneasiness. The investors appear unsure of the governments’ measures to stimulate the recovery of the domestic markets. Moreover, Brazil’s economy has downshifted to slower growth with the debt crisis and unpredictable recovery efforts. The government predicted an economic growth of 4.5% that gave the investors’ confidence in the markets. This was due to the increase in spending on key infrastructure projects such as ports and river dams. However, the target growth was never achieved; instead, the country recorded a growth of half the forecast rate (Fick, Magalhaes and Lyons). In a bid to stimulate further recovery and growth, the government through the central bank of Brazil has lowered the interest rates by 5% to 7.5%. In addition, there are other announced programs meant to build projects to improve transport and communication to boost growth. Officials in the country blame the world’s slow economic growth for the country’s performance. Furthermore, the administration cites the investor attitude towards emerging market countries as a cause for slowed growth in their economy. However, several present and projected macroeconomic variables affect the recovery and growth of Brazil’s economy (Fick, Magalhaes and Lyons). The country improved its macroeconomic stability through the creation of foreign reserves, and the reduction of debt profile through a shift in debt burden towards the denominated and domestically held instruments. After the 2008 recession period, Brazil was the first emerging market to recover. The GDP growth reached 7.5% in the year 2010. This was registered as the highest growth rate for the past 25 years of the economy. However, the increase in inflation led to a slowed growth in 2011

Mortgage Backed Securities and their role in the economic crisis Essay

Mortgage Backed Securities and their role in the economic crisis - Essay Example This will normally lead to a fall in the countries’ GDP, a rising and falling of prices because of inflation and deflation and a drying up of liquidity. It normally can take a form of recession or a depression. The economic crisis began with bursting of the united states housing bubble and high default rates on subprime adjustable rate mortgages (ARM),and variable rate mortgages beginning around 2005 to 2006(Wall Street Journal, December 4, 2007). Prior to the crisis, the government policies and competitive pressures encouraged high risk lending practices for several years. The role of Mortgage Backed Securities in the economic crisis The financial crisis was highly felt in the market in 2008. The civil fraud charges was filed against several major credit rating agencies for their role in developing mortgage bond that helped bring about the financial crisis in 2008. The Wall Street Journal reported that the U.S.  Securities Exchange Commission (SEC) is currently looking at t he role these companies played in the crisis and exploring the possibility of holding them accountable. The crisis began to affect the financial sector in February 2007, when HSBC, the world's largest (2008) bank, wrote down its holdings of subprime-related MBS by $10.5 billion, the first major subprime related loss to be reported. During 2007, at least 100 mortgage companies either shut down, suspended operations or were sold. Top management has not escaped unscathed, as the CEOs of Merrill Lynch and Citigroup resigned within a week of each other. As the crisis deepened, more and more financial firms either merged, or announced that they were negotiating seeking merger partners. (Wall Street Journal. Online, May 2008). Credit risk arises because the borrower has the option of defaulting...This paper outlines the role of the mortgage backed securities (MBS) in the surfacing of financial crisis Mortgage backed securities are loans that are normally purchased from mortgage companies, banks and originators and then assembled into groups by a private entity, a governmental or a quasi governmental. The securities are then offered by the entity. These securities are offered through the securitization, that represents the claims on the principal and interest payments made by borrowers on their loans in the group. Most of the mortgages are offered by a U.S. Government agency known as the National Mortgage Association or government-sponsored agencies which comprises of the Federal Home Loan Mortgage Corporation and the Federal National Mortgage Association Mortgage bonds or mortgage-backed securities were secured by a mortgage on one or more assets. They are generally backed by real property or real estate holdings. The mortgage bondholder has a claim to the underlying property and can sell it off to compensate for the default if the homeowner paying their mortgage defaults. Economic crisis refer to a situation where the economy of a nation or a country undergoes a sudden downturn which is brought about by financial crisis. The financial crisis was highly felt in the market in 2008 The civil fraud charges was filed against several major credit rating agencies Credit risk arises because borrower has the option of defaulting on the loan one owes. In the real sense, lender is the one who bore the credit risk on the mortgages issued. It was made possible for lenders to sell the right to receive the payments on mortgages they issue through securitization. This led to several risks in the financial sector

Religion Essay Example | Topics and Well Written Essays - 500 words - 10

Religion - Essay Example The idealized, spiritualized essence of God can be comprehended only by refined minds, bent on spiritualism, and only after sustained effort. To the vast majority of mankind, the visible manifestation of God goes a long way towards focusing the inner mind and thoughts on Divinity. This initial, primitive belief that God is only present in that particular picture, or only in that particular form, can, with spiritual growth, metamorphose into the realization that God is an all-pervading, formless entity. Visible forms can be justified as symbolic, spiritual aids to the realization of God. One of the basic tenets of Christianity is the belief that God sent his only son, Jesus Christ, to earth, as the Redeemer to deliver sinful humanity from eternal damnation. Jesus took upon himself the collective sins of humanity and accepted his martyrdom on the cross as the expiation of these sins. This belief probably arises from the primitive belief that the deities must be placated through sacrifice, and the shedding of blood is a prerequisite for absolution. This sacrificial offering, be it the ox of the ancient Romans, or the lamb of the Jews, must be the purest and most perfect to serve the purpose. In this context, the pure, sinless Jesus constitutes the perfect sacrifice in the eyes of God. This ‘substitution theory,’ according to which Jesus’ vicarious punishment redeemed humanity, has a major flaw. If one concedes that Jesus’ punishment has indeed absolved humanity from sin, does it follow that man is now free to sin without having to face the c onsequences of his actions? If Jesus has obtained a prior, blanket absolution for all sinners, this is something in the light of a ‘license to sin’ with impunity. This poses a problem to the acceptance of the substitution theory. The word ‘Christ’ means the ‘Anointed One,’ or the

Ronaldo part of Real's global marketing plan Essay

Ronaldo part of Real's global marketing plan - Essay Example Florentino Perez, director of the club, even admits it in the article: "One of the most important things for Real is its image". In this context the investment of US$44.25 million to transfer Ronaldo from his former Italian club Inter Milan seems nothing in regards of the foreseeable benefits of the arrival of the player. Perez adds: "We will begin selling shirts bearing the player's name immediately and we are sure there will be a massive demand. In five years we want to be in every country in the world." The statement proved to be true the very day Ronaldo signed his contract with Real Madrid. The player went to sign his shirt at the Real's boutique and broke all the records of soccer shirts sales in a day. A Ronaldo shirt costs 75 a piece. No Surprise Perez believes he will get his money's worth. Florentino Perez' strategy is obvious. He brings soccer stars from all around the world and offers them to the public. Who doe not want to see the best players of the world put together in a "dream team" Thus the skyscraping benefits of the shirt sales. However products with the Real Madrid logo are not the only source of major income for the club. With the arrival of Ronaldo, the team signed a commercial agreement with Siemens to bear the name of the mobile firm company on the team's shirt. The market share of Siemens has grown from 17% to 21% in one year.

Green Initiatives Essay Example | Topics and Well Written Essays - 1250 words

Green Initiatives - Essay Example The company has an organic growth model that has enabled the company to achieve tremendous growth during the last decade. In 1999 the company served less than 5 million passengers. In the 21st century corporate social responsibility has become an important strategic path that companies follow in order to achieve success. Corporate social responsibility can be defined as alignment of a company’s activities with the social, economic, and environmental expectations of its stakeholders (Sourcewatch, 2009). As a low cost airline the company is automatically complying with the economic expectation of its customers. The company is a member of European Low Fares Airline Association. Ryanair has one of the best environmental records in the airline industry. Ryanair selects aircrafts models for its fleet that have the latest and most efficient engine technologies. This green initiative has helped the company reduced carbon dioxide (CO2) emissions by 45% over the last decade. The firm has further decreased its CO2 emissions during the last 10 years by an additional 10% by optimizing its flight route trajectory. The company does not use flight hopping mechanisms; instead all of its flights are one way destinations directly to the final location. The airline also avoids long taxiing time and holding patterns at primary congested airports (Ryanair, 2009). CO2 emissions are the primary factor that is causing air pollution that leads to the imbalance in the greenhouse effect and global warming. Rising carbon dioxide levels from burning fuel fossils are scientifically linked to sea level changes, snowmelt, disease, heat stress, severe weather, and ocean acidification (Rice, 2008). The company has invested over $17 billion since 1999 in its aircraft replacement program. The aircraft replacement program enabled the company to lower its fuel consumption by 55% between 1998 and 2007

Article Critique - about a Private School Issue

Critique - about a Private School Issue - Article Example Through review and analysis of available literature concerning education, Shaw (2010) shows that education is a bad public good whose inefficiency as well as infectiveness can only be solved by competition from the private sector (education is also a private good). The article began by highlighting an economist’s assumption that at least education is in portion a public good. Since it has spillover benefits enjoyed by people although they do not pay for; and as result they are probable to be ‘free riders’ on the offered education. Under the present (or at least latest) economic theory, there is an assumption that education will be provided sub-optimally. As a result, the likely under-provision has resulted to the support of the concept that government should intervene to offer education. Today, education at all levels (apart from the initial few years after birth); the government substantially provides education almost everywhere in the world beginning with the Un ited States (Shaw, 2010). The design of the study bring into perspective studies that have discovered that the problem inherent in this development is quality of services provided by the government, education inclusive, is always poor. Provision of services by government is categorized as a public good. The government offers many services whose beneficiaries do not pay for. Those beneficiaries have a tendency of becoming free riders. They therefore do not offer the monitoring quality they would offer if they paid directly for the service. Roberts and Simpson (2011) have shown that the professional standing of education board members reflect on the overall state education ranking. This illustrates where the poor quality of the public good partly emanates from in support of this the argument that a public good is a bad public good. Referring to the impact of higher education, the author says that â€Å"contemporary education has stunted a whole person’s

Freud and Jung- the Unconscious Essay Example for Free

Freud and Jung- the Unconscious Essay The unconscious is hypothetically a region of the mind that contains desires, recollections, fears, feelings and thoughts that are prevented from expression in the conscious awareness. One of the most influential philosophers who made theories about the unconscious and its aspects is of Sigmund Freud. Freud distinguished between three different concepts of the unconscious: descriptive unconsciousness, dynamic unconsciousness, and the system unconsciousness. The descriptive unconsciousness refers to all those things in mental life in which people are not instinctively aware of. The dynamic unconsciousness refers to mental processes and contents, which are removed from the consciousness as a result of contradictory attitudes. The system unconsciousness indicates the idea that when mental processes are repressed, they become organized different from those of a conscious mind, such as displacement. Freud eventually abandoned of the system unconscious and replaced it with the ego, super-ego, and id concepts. Throughout his career, however he retained the descriptive and dynamic concepts of unconsciousness. Freud also believed that the unconscious was a storage facility for all repressed sexual desires. With this in mind, he created a theory called The Oedipus Complex. The Oedipus complex is a theory, which implies hatred and a death wish for the parent of the same sex (father for boys and mothers for girls) and love/sexual attachments towards the parent of the opposite sex. Freud states that at some point, the child realizes the differences between their mother and their father. With this, the child learns to understand gender because they come to grasp that they are similar to one of the parents and different from the other. When the child finally comprehends this, he/she feels as though the opposite sex is affectionate to another person besides them (their same sex parent). Thus, the child â€Å"competes† with the same sex parent for the opposite sex parents love and fondness. Freud believed that these feelings are deeply fused into the unconsciousness of every person, but are suppressed. Another influential philosopher who gathered theories on the concept of unconsciousness is Carl Jung. Jung studied under Freud, but eventually broke off and made his own theories and opinions about different concepts, such as the unconscious. Jung believed that there were two levels of unconsciousness: personal unconscious and collective unconscious. The personal unconscious is interior to the ego (a person’s conception of themselves) and corresponds to a mix of Freuds unconscious and preconscious. Containing elements of the outside world and of personal experiences repressed by the ego, the contents of the personal unconscious can be accessed by therapy, art and cultural expression. According to Jung, the collective unconscious is part of a person’s unconscious that is common between all human beings as opposed to personal unconscious, which is unique to each individual. Jung also believed that the collective unconsciousness contains archetypes, which are forms or symbols that are apparent by all people of all cultures. The five main archetypes that were associated with the collective unconscious are the persona, animus, anima, shadow and self. The persona is the mask presented by each individual to society but it may or may not conceal the real personality. The anima is the feminine part of a man, which evolves as a result of a mans experience with women but also recognizes the bisexual nature of all human beings. The animus is the masculine part of a woman. The shadow is the reverse of the outward personality we show to the world. The self is the most important archetype and holds all the other systems together. With these archetypes, Jung felt that we should know ourselves from the inside as well as the outside. Both Jung and Freud’s theories on the unconscious differed in many ways. Freud described the unconscious as a container underlying the conscious mind, whose task is to contain unwanted and un-encountered events, feelings, thoughts and experiences of the disliked conscious mind. Jung however added to this theory by proposing two layers of the unconscious: a personal unconscious, right under the conscious mind, taking in personal psychic contents and the collective unconscious which contains the accumulating experience of all humanity. Another theory that both Jung and Freud had different opinions on was sexuality. In Freud’s speculation, he claims the force of life is driven by sexuality and the original unconscious contains nothing but feelings, thoughts, experience and frustrations of resulting unhappy sexual desires. Jung however believes there is much more to life than sexuality, which underlies the process of individuation and constant search for meaning. Jung also thinks the unconscious has a compensatory regulating function, aiming at healing and growth. In conclusion, I personally favor Jung’s version of the unconscious mind rather than Freud’s. I feel as though Jung has a better understanding of the human mind in many ways that everyone can benefit from. Although Freud had good theories and speculations about the unconscious mind and sexuality, I did not grasp a connection between my thoughts and Freud’s speculations. With that being said, I can definitely understand why the mind is very difficult to study. Work Cited 1. Wikipedia, the free encyclopedia: â€Å"The Collective Unconscious† 6 October 2008 http://en. wikipedia. org/wiki/Collective_unconscious 2. C. John Holcombe: â€Å"Carl Jung† 10 October 2008 http://www. textetc. com/theory/jung. html 3. Benjamin Nagari: â€Å"Freud vs. Jung† 10 October 2008 http://www. hypnojung. co. uk/freud-jung. htm 4. Collective Unconscious, Microsoft ® Encarta ® Online Encyclopedia 2008 http://encarta. msn. com  © 1997-2008 Microsoft Corporation. All Rights Reserved.

Nine Major Regulatory Bodies Essay Example for Free

Nine Major Regulatory Bodies Essay 1. The Internal Revenue Service (IRS). The IRS was established in 1913. Its purpose is to administer and enforce the internal revenue laws. Its stated mission is to provide America’s taxpayers top quality service by helping them understand and meet their tax responsibilities and by applying the tax law with integrity and fairness to all. (Internal Revenue Service, 2008) 2. Securities and Exchange Commission (SEC). The Securities and Exchange Act of 1934 created the Securities and Exchange Commission (SEC) to regulate the securities market. â€Å"The mission of the U. S. Securities and Exchange Commission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation†(U.S. Securities and Exchange Commission, 2008) 3. Financial Accounting Foundation (FAF). The Financial Accounting Foundation (FAF) is a private sector organization that formed in 1972 to create standards for financial accounting. Its mission is to â€Å"establish financial accounting and reporting standards through an independent and open process, resulting in financial reports that provide decision useful information† (Financial Accounting Foundation, 2008) 4. Financial Accounting Standards Board (FASB). The (FAF) formed the (FASB) in 1973 to set up standards for nongovernmental accounting and reporting. The mission of (FASB) is â€Å"to establish and improve standards of financial accounting and reporting for the guidance and education of the public, including issuers, auditors, and users of financial information (Financial Accounting Standards Board, 2008) 5. Governmental Accounting Standards Board (GASB). The Governmental Accounting Standards Board was organized in 1984 by FAF to generate GAAP for state and local governments. The mission of the GASB is to establish and improve standards of state and local government accounting and financial reporting that will result in useful information for users of financial reports and guide and educate the, including issuers, auditors, and users of those financial reports. (Governmental Accounting Standards Board, 2008) 6. Federal Accounting Standards Advisory Board. The (FASAB) was established in 1990 by the U.S. Secretary of the Treasury, the Director of the Office of Management and Budget, and the Comptroller General to produce GAAP for the federal government. The mission of the FASAB is to promulgate federal accounting standards after considering the financial and budgetary information, needs of citizens, congressional oversight groups, executive agencies, and the needs of other users of federal financial information. (Federal Accounting Standards Accounting Standards Advisory Board, 2008) 7. International Accounting Standards Board (IASB) Since its inception in 2001 the (IASB) has created global GAAP and standards. The mission of the (IASB) â€Å"is to develop, in the public interest a single set of high quality, understandable and international financial reporting standards (IFRS’s) for general purpose financial statements† (International Accounting Standards Board, 2008) 8. Public Company Accounting Oversight Board (PCAOB) The Sarbanes-Oxley Act of 2002 (SOX) established the Public Company Accounting Oversight Board to issue auditing standards for public auditing firms. The mission of the PCAOB is to oversee the auditors of public companies in order to protect the interests of investors and further the public interest in the preparation of informative, fair, and independent audit reports (Public Company Accounting Oversight Board, 2008) 9. American Institute of Certified Public Accountants (AICPA) The American Institute of Certified Public Accountants was born in 1887. The mission of the (AICP) â€Å"is to provide members with the resources, information, and leadership that enable them to provide valuable services in the highest professional manner to benefit the public as well as employers and clients† (American Institute of Certified Public Accountants, 2008) References American Institute of Certified Public Accountants. (2008). AICPA Mission. Retrieved November 20, 2008, from http://www.aicpa.org/About+the+AICPA/AICPA+Mission/ Federal Accounting Standards Advisory Board. (n.d.). Welcome to the Federal Accounting Standards Advisory Board. Retrieved November 20, 2008, from http://www.fasb.org/facts/ Financial Accounting Foundation. (n.d.). FAF Strategic Plan. Retrieved November 20, 2008, from http://www.fasb.org/faf/Strategic_Plan.shtml Financial Accounting Standards Board. (n.d.). Facts About FASB. Retrieved November 20, 2008, from http://www.fasb.org/facts/ Governmental Accounting Standards Board. (n.d.). Retrieved November 20, 2008, from http://www.gasb.org/. Internal Revenue Service. (n.d.). The Agency, its Mission and Statutory Authority. Retrieved November 20, 2008, from http://www.irs.gov/irs/article/0,,id=98141,00.html International Accounting Standards Board. (n.d.). About Us. Retrieved November 20, 2008, from http://www.iasb.org/About+Us/International+Accounting+Standards+Board+-+About+Us.htm Public Company Accounting Oversight Board. (2008). Our Mission. Retrieved November 20, 2008, from http://pcaobus.org/ U.S. Securities and Exchange Commission. (2008, November 7). The Investors Advocate: How the SEC Protects Investors, Maintains Market Integrity, and Facilitates Capital Formation. Retrieved November 20, 2008, from http://www.sec.gov/about/whatwedo.shtml

Seagate Technologies: Operation Hedging

Seagate Technologies: Operation Hedging The Seagate Technologies as a group assignment in our Production Logistics course. The purpose and aim of this case it to learn the impact of each assets (location) capacity on the overall profitability of the processing network. In addition, investigate how the entire capacity portfolio can be designed to provide an optimal hedge against uncertainty. We have been following six questions: i) what is Seagates corporate strategy? Describe and evaluate how its operational strategy and processes support the corporate strategy. Critically evaluate Seagates product and process development strategy, which calls for development in its respective product / process centre in U.S. and then exporting the developed process to site in the Far-East for high-volume production. ii) What are Seagates major risks? How does it manage those risks? iii) How would you describe the capacity of the processing network if the current CAR capacity proposal were implemented? What is the expected profit and ROI under this investment? (Given the short product life, assume the firm is making its decision for a single time period of length one year, at the end of which manufacturing capacity will zero salvage value). iv) The case states that the true demand forecast contains uncertainty. Given this forecast, recommend a capacity portfolio that maximizes expected NPV. (Recall, capacity investment must be performed before you observe actual market demand). Verify financial attractiveness of your recommendation. What is the expected profit and ROI now? v) Interpret your recommended capacity portfolio in intuitive terms: in what sense does your capacity configuration prepare you to hedging and why is your plan to be preferred? vi) In broad conceptual terms, what are the advantages of sales-plan driven capacity planning? What is wrong with that practice end how would you improve on it? LITERATURE REVIEW Operations Management: In operations management, there are two streams of research originating from two separate, but conceptually similar, definitions of operational hedging. The first definition, as introduced by Huchzermeier (1991) and quoted in Ding and Kouvelis (2001, p.2), states that Operational hedging strategies à ¢Ã¢â€š ¬Ã‚ ¦ can be viewed as real (compound) options that are exercised in response to demand, price and exchange rate contingencies faced by firms in a global supply chain context. Real options might have value-enhancing capabilities under uncertainty. The value-enhancing feature of real options under uncertainty is called exploiting uncertainty. Huchzermeier and Cohen (1996) analyze operational flexibility, which they define as the ability to switch among different global manufacturing strategy options. Cohen and Huchzemeier (1999) illustrate how the deployment of excess capacity can be a source of operational flexibility in global supply chains. They argue that investing in capacity in excess of the aggregate demand forecast provides flexibility in coping with demand uncertainties. Additionally, excess capacity enables the firm to produce more in that location, providing a value-enhancing opportunity in addition to reducing its downside risks. The second definition of operational hedging is found in Van Mieghem (2003). Without referring to real options, but making an analogy with its financial counterpart, financial hedging, Van Mieghem defines operational hedging as mitigating risk by counterbalancing actions in a processing network that do not involve financial instruments. He lists dual-sourcing, component commonality, having the option to run overtime, dynamic substitution, routing, transshipping, or shifting processing among different types of capital, locations or subcontractors, holding safety stocks and purchasing warranty guarantees as operational hedging strategies. One of the main contributions of this definition is the observation that operational hedging can be employed in the absence of tradable risks, particularly exchange rate risk, as all the other academic fields mostly consider operational hedging in an exchange rate framework. Again departing from the literature, Van Mieghem does not consider any particular risk measure to formalize the effect of operational hedging in terms of risk mitigation. In addition, the term counterbalancing actions is not formalized: criteria to determine whether given actions are counterbalancing are not developed, this term corresponds to investing in more than one resource, or betting on two horses that is, investing in operational flexibility, similar to the former definition of operational hedging. Finally, as with real options, counterbalancing actions described by Van Mieghem have a value-enhancing capability and increase expected profit in a risk-neutral setting. This is demonstrated on a two-product, two-stage production system where capacity imbalance is the operational hedging strategy (Harrison and Van Mieghem 1999, Van Mieghem 2003). By purposely unbalancing the capacity vector, i.e. having safety capacity (in excess of the capacity that would be optimal in the deterministic case), firms can hedge against demand uncertainty and increase expected profit. Counterbalancing actions, taken in such a way as to maximize expected profit for a risk-neutral decision maker, are called operational hedges. Finance In the finance literature, operational hedging is the course of action that hedges the firms risk exposure by means of non-financial instruments, particularly through operational activities. Similar to the operations management literature, operational flexibility is the major operational hedging strategy discussed in the finance literature. In addition to operational flexibility, geographical diversification is another operational hedging strategy in a multinational context. Geographical diversification is aligning the costs and revenues of a firm so that they are exposed to the same risks. Domestic firms selling to foreign markets can ensure that their production costs and sales revenues are exposed to the same exchange rate uncertainties by opening a production facility in these markets. Therefore, geographical diversification reduces the total variability of cash flows. Chowdry and Howe (1999) argue that the facility location decision is considered to be an operational hedging strategy only when firms are concerned with the variability of their operating profits. Hommel (2003) argues that operational flexibility is employed as a hedging device when the exchange rate and demand volatility are sufficiently large (in that case the minimum profit constraint is violated); otherwise it serves as a value driver to enhance expected profits. It is emphasized that because operational flexibility can be used for a purely value-enhancement motive, it is considered to be an operational hedging strategy only when there is a risk hedging motive for employing it. Generally speaking, operational actions are considered to be operational hedges if they are taken in order to reduce a risk measure of concern. In particular, if firms care about downside risk (e.g. having a minimum profit constraint), then operational hedges mitigate risk through a reduction in the downside exposure. In summary, the finance literature defines operational hedging as mitigating firms risks by operational means. Operational flexibility achieved through various operational means (ability to shift production, transferring technologies, product differentiation etc.) and geographical diversification is the operational hedges of firms utilized in conjunction with financial hedges. Compared to their financial counterparts, operational hedges require higher levels of capital investment (opening a production facility), but create longer term hedges against risk exposures including risks that are not contingent on asset prices (e.g. demand risks, political risks). Strategy and International Business Diversification is defined as having different lines of business through mergers and joint ventures (Wang and Lim 2003), of which geographical diversification is one type. Kogut (1985) analyzes diversification and operational flexibility as risk management tools of multinationals. He argues that an operational decision (the sourcing policy in this case) can create three different types of risk profile: speculative, hedged and flexible. The speculative profile is betting on one site mainly to benefit from economies of scale in operations. By matching the exchange rate exposure on the cost side with that on the profit side, the firm can create a hedged risk profile. This approach corresponds to the geographical diversification strategy. Finally, a flexible risk profile created through operational flexibility permits the firm to exploit uncertainties by creating real options. In the international business literature, Pantzalis et al. (2001) define operational hedging as the firms operational decisions (related to marketing, production, sourcing, plant location, and treasury) that are best suited to managing the exchange rate exposure on the firms competitive position across markets. In summary, the strategy literature focuses on operational flexibility and diversification as risk management tools without defining them as operational hedges. Operational flexibility achieved through several operational means (developing in-house capacity, product differentiation, keeping excess capacity etc.) creates both arbitrage and leverage opportunities for multinational firms. In addition to aligning costs and revenues, real option benefits of geographical diversification in the form of growth options are discussed. The international business research, similar to the finance literature, focuses on operational flexibility and geographical diversification as long-term operational hedges of multinationals against exchange rate exposures. Analysis of Seagate Technologies: Question 1: What is Seagates corporate strategy? Describe and evaluate how its operational strategy and processes support the corporate strategy. Critically evaluate Seagates product and process development strategy, which calls for development in its respective product / process centre in U.S. and then exporting the developed process to site in the Far-East for high-volume production. Answer: Seagate Technologies Corporate Strategy: The Barracuda The Cheetah are two new Seagates high-end disk-drive products families that are scheduled to go into volume production in the first calendar quarter of 1998. The capital appropriation request called for $ 103 million capital investment in two final assembly facilities, one for the Barracuda and one for the Cheetah and one for joint test facility. The companys establishment and ongoing expansion of production facilities in Singapore, Thailand, Malaysia, China and Ireland are directed toward cost reduction. Describe and evaluate how its operational strategy and processes support the corporate strategy. Operational Strategy and Processes: Manufacturing Strategy: Process Choice Establishment and maintenance of key vendor relationships. Produce and sell its disc drives in significant volume, continue to lower manufacturing costs and carefully monitor inventory levels. Transfer volume production of disc drives and related components between facilities, including transfer overseas to countries where labor costs and other manufacturing costs are significantly lower than in the U.S. Infrastructure The key element if the Seagates manufacturing strategy is high volume, low cost assembly and test; vertical integration in the manufacturing of selected components. Seagate continually evaluates its components and manufacturing processes. Seagate rapidly achieve high manufacturing yields in new production processes and obtain uninterrupted access to high quality components in required volumes at competitive prices. Marketing Strategy: Seagates ability to compete successfully depends on its ability to provide timely product introductions and to combine to reduce production costs. The companys establishment and ongoing expansion of production facilities in Singapore, Thailand, Malaysia, China and Ireland are directed toward such cost reductions. The two new products were planned to be in volume production only for the four quarters of 1998. The capital investment to build production capacity was significant and had two components. First, there were significant fixed costs estimated at about $ 40 million associated with designing, commissioning, and starting up the three new facilities. The second component was that the capital expense of building new capacity increased with the amount of capacity: larger production capacity required larger space requirements and tooling costs, leading to an linear increase in the capital expense. Seagate products include over 50 rigid disc drive models with from factors 2.5 to 5.25 inches and capacities from 1GB 10 23 GB. Seagate believes it offers the broadest range from of disc storage products available. It provides more than one product at some capacity points and differentiates products on a price / performance and form factor basis. Seagate typically devotes its resource to developing products with industries leading performance characteristics and to being among the first to introduce such products to market. The company continuously seeks to enhance its market presence in emerging segments of the rigid disc drive market by drawing on its established capabilities in high volume, low cost productions. The Marathon and Medalist disk drive product lines are targeted for the personal mobile and desktop computing market, respectively, while the high end workstation and server/multi user systems market is served with the Barracuda, Cheetah, and Elite product families. The Barracuda family of 3.5 inch drives was first introduced in 1992. At 7,200 rpm the Barracuda had the highest rotation speed of any drives produced at that time. In fiscal year 1997, Seagate introduced two new products in the Barracuda family, the Barracuda 4LP and the Barracuda 4XL, with 4GB and 4.5GB respectively. The Barracuda 4XL, which began volume production during the fourth quarter of fiscal 1997, was designed to provide a balance of price and performance for the workstation market as it matures. In August 1996, the company announced the 3.5 inch Cheetah family the worlds first drives to offer rotation speeds of 10,000 rpm for increased data throughout and lower latency times. The Cheetah drive is focused at the very high performance segment of the market. Volume production of the Cheetah 4LP and the Cheetah 9 began in the third and fourth quarters of fiscal 1997, respectively. Seagate is going to announce the fifth generation Barracuda 9LP and the second generation Cheetah 0LP in early fall 1997, with volume production schedule to begin in the first calendar quarter of 1998. Finally, the Elite product line covers the high end 5.25 inch market. In the third quarter of fiscal year 1997, production commenced on the Elite 23, a high performance, 5.25 inch disc drive with 23 GB of formatted capacity, a rotation speed of 5,400 rpm and mean time between failures of 500,000 hours. Critically evaluate Seagates product and process development strategy, which calls for development in its respective product / process centre in U.S. and then exporting the developed process to site in the Far-East for high-volume production. Product and Process Development: The content of the Seagate product/ process strategy: Seagate has the superior strategy, i.e. business strategy or corporate strategy, requirements on the product portfolio. It is described in the case the present state of the product portfolio. It is also described in the case what would be the future state of the product portfolio. A plan of action, i.e. how Seagate wanted product portfolio can be reached in practice. The five steps/activities are described below: Requirements on the product portfolio: The most central activity in the process is the identification of the requirements on the product portfolio. The requirements should be found both in the superior strategy, i.e. business strategy or corporate strategy, and also in other functional strategies. Requirements put on the product portfolio consist of among other range, mix and volumes of products. Seagate has number of segments which is introduced in the market. New product proposals: Ideas for new products can arise in different ways; customer, market analysis etc. The new product proposal capture, visualize and preserve the ideas that are found within and outside the company. The aim of the new product proposals is to attain a more distinct product development funnel as shown in Figure 12, where several ideas are evaluated in parallel. Seagates strategy for new products emphasizes developing and introducing on timely and cost effective basis products that offer functionality an d performance equal to or better than competitive product offering. Product development process: The product development process should fit the actual company, its products and its manufacturing. The product development process should also state which design method to use when and why. Seagate devotes significant resources to product engineering aimed at improving manufacturing processes, lowering manufacturing cost and increasing volume production. Seagates process engineering groups are located with the disc drive development groups and the reliability engineering groups in many cities of U.S. and also in Singapore. Product portfolio: When making decisions within the product development process it is important to have the product portfolio in mind and vice versa. Therefore it is emphasized that the same group of managers handles both the product development process and the product portfolio. Reengineering or product deleting: All products have a limited life span. Not unusual at companies aimed at in this research is some kind of facelifts of products during their lifetime. New requirements like new features, manufacturing processes, customer needs etc. on a product or product family require a reengineering or the product will be obsolete. Seagates product life cycles of disc drives are short (high volume products introduced and sold for about 6 to 7 quarters. Due to fast changing in technology in computer industries the product deleting is very short and re-engineering might cost extra money to Seagate due to rapid development. Question 2: What are Seagates major risks? How does it manage those risks? Answer: Competitive differentiation: (e.g., price, quality, time or customization) Market: Fundamental change in supply and demand functions or global prices for commodities. The rigid disc drive industry is intensely competitive, with manufactures competing for a limited number of major customers. In addition to the product performance dimension, the principal competitive factors in the rigid disc drive market include product quality and reliability, form factor, price per unit, price per megabyte, production volume capability and responsiveness to customers. The relative importance of these factors varies with different customers and for different products. Competitors offer new and existing products at prices necessary to gain or retain market share and customers. To remain competitive, Seagate believes it will be necessary to continue to reduce its price and aggressively enhance its product offering. Technological capabilities (lead or follow in technology innovation) With the proliferation of multimedia applications, the demand for increased drive capacities has and continues to increase at an accelerating rate since sound and moving pictures require many times the storage capacity of simple text. Economic: Ability to attract and retain staff in the labour market; exchange rates affect costs of international transactions; effect of global economy. Given the high demand uncertainty of the two product families, the current capital appropriation request moves Seagate towards financial risk in terms of expenditure. Socio-cultural: Demographic change affects demand for services; stakeholder expectations change. Operational: Relating to existing operations both current delivery and building and maintaining. A pessimistic scenario with likelihood estimated at 25%, would demand only 150,000 Cheetahs and 350,000 Barracudas. Mitigating Risk with Financial Hedging: If the counterbalancing actions involve trading financial instruments, including short selling, futures, and options, this is financial hedging. Financial hedging yields an elegant approach to incorporating risk without having to resort to utility functions and price its present value using risk-neutral discounting. The basic idea is to construct a perfect hedge, which is a portfolio that provides a constant future value in any state of nature and therefore can be priced using risk-free discounting. Financial hedging requires writing an unambiguous contract that specifies capacity usages in a form that is divisible, trade able, and enforceable. Mitigating Risk with Operational Hedging: Processing flexibility such as dual or multi-sourcing, using component commonality, having the option to run overtime or to dynamically reroute or shift production (among different types of capital, locations, or subcontractors); holding safety stocks; having warranty guarantees, etc. A variety of these actions can be grouped as counterbalancing capacities to mitigate risk, often by inducing some form of resource pooling. Question 3 How would you describe capacity of processing network if current CAR capacity proposal were implemented? What is the expected profit and ROI under this investment? (Given the short product life, assume the firm is making the decisions for a single time period of length one year, at the end of which manufacturing capacity will have zero salvage value) Answer: Expected Capacity Scenario (Capacity both for Cheetah and Barracuda is 300000) There are 2 different profit and cost structure PS=Profit of solved product C=Cost of unused capacity Contribution Margins Cheetah=$400 Barracuda=$300 Demands Pessimistic (25%) Expected (50%) Optimistic (25%) Cheetah 150 000 300 000 450 000 Barracuda 350 000 300 000 250 000 Demand for Cheetah in Pessimistic Scenario (0.25) Profit= (PS-C)*(0.25) PS= $400*150000 ($30000*(150) +$80000*(150)) =$43.500.000 C= $30000*(150) + $80000(50) (The spare capacity cost is shared in Cheetah and Barracuda) =$8.500.000 Profit= $35.000.000 * 0.25 Demand for Cheetah in Expected Scenario (0.50) Profit= (PS)*(0.50) PS= $400*300000 ($30000*(300) +$80000*(300)) =$87.000.000 Demand for Cheetah in Optimistic Scenario (0.25) Profit= (PS)*(0.25) PS= $400*300000 ($30000*(300) +$80000*(300)) =$87.000.000 Total profit for cheetah = (PS-C)*(0.25) + PS*(0.50) +PS*(0.25) =$35.000.000 * 0.25+$87.000.000 * 0.50+$87.000.000 * 0.25 =$74.000.000 Demand for Barracuda in Optimistic Scenario (0.25) Profit= (PS-C)*(0.25) PS= $300*250000 ($20000*(250) +$80000*(250)) =$50.000.000 C= $30000*(150) =$4.500.000 Profit= $45.500.000 * 0.25 Demand for Barracuda in Expected Scenario (0.50) Profit= (PS)*(0.50) PS= $300*300000 ($20000*(300) +$80000*(300)) =$60.000.000 Demand for Cheetah in Pessimistic Scenario (0.25) Profit= (PS)*(0.25) PS= $300*350000 ($20000*(300) +$80000*(300)) =$60.000.000 Total profit for barracuda = (PS-C)*(0.25) + PS*(0.50) +PS*(0.25) =$45.500.000 * 0.25+$60.000.000 * 0.50+$60.000.000 * 0.25 =$56.375.000 Total Profit for the System= Total profit for cheetah+ Total profit for barracuda -Fixed Cost = $74.000.000+$56.375.000- $40.000.000 = $90.375.000 Question 4: The case states that true demand forecast contains uncertainty. Given this forecast contains recommend a capacity portfolio that maximizes expected NPV. (Recall, capacity investment must be performed before you observe actual market demand).Verify financial attractiveness of your recommendation: What is the expected profit and ROI now? Answer: As mentioned above; we calculated the total profit according to the expected capacity scenario. In uncertainty situations we also calculate total profit pessimistic and optimistic scenarios as well Pessimistic Capacity Scenario (Capacity for Cheetah 150000 and Barracuda is 350000) Demand for Cheetah in Pessimistic Scenario (0.25) Profit= (PS-C)*(0.25) PS= $400*150000 ($30000*(150) +$80000*(150)) =$43.500.000 C= $80000(50) (The spare capacity cost is shared in Cheetah and Barracuda) =$4.000.000 Profit= $47.500.000 * 0.25 Demand for Cheetah in Expected Scenario (0.50) Profit= (PS)*(0.50) PS= $400*150000 ($30000*(150) +$80000*(150)) =$43.500.000 Demand for Cheetah in Optimistic Scenario (0.25) Profit= (PS)*(0.50) PS= $400*150000 ($20000*(150) +$80000*(150)) =$43.500.000 Total profit for cheetah = (PS-C)*(0.25) + PS*(0.50) +PS*(0.25) =$47.500.000 * 0.25+$43.500.000 * 0.50+$43.500.000 * 0.25 =$44.500.000 Demand for Barracuda in Pessimistic Scenario (0.25) Profit= (PS-C)*(0.25) PS= $300*350000 ($20000*(350) +$80000*(350)) =$70.000.000 C= $80000(50) (The spare capacity cost is shared in Cheetah and Barracuda) =$4.000.000 Profit= $66.000.000 * 0.25 Demand for Barracuda in Expected Scenario (0.50) Profit= (PS)*(0.50) PS= $300*300000 ($20000*(300) +$80000*(300)) =$60.000.000 Demand for Barracuda in Optimistic Scenario (0.25) Profit= (PS)*(0.50) PS= $300*300000 ($20000*(300) +$80000*(300)) =$60.000.000 Total profit for barracuda = (PS-C)*(0.25) + PS*(0.50) +PS*(0.25) =$66.000.000 * 0.25+$60.000.000 * 0.50+$60.000.000 * 0.25 =$61.500.000 Total Profit for the System= Total profit for cheetah+ Total profit for barracuda -Fixed Cost = 44.500.000+$61.500.000- $40.000.000 = $66.000.000 Optimistic Capacity Scenario (Capacity for Cheetah 450000 and Barracuda is 250000) Demand for Cheetah in Pessimistic Scenario (0.25) Profit= (PS-C)*(0.25) PS= $400*150000 ($30000*(150) +$80000*(150)) =$43.500.000 C= $30000*(300) + $80000(50) (The spare capacity cost is shared in Cheetah and Barracuda) =$13.000.000 Profit= $30.500.000 * 0.25 Demand for Cheetah in Expected Scenario (0.50) Profit= (PS-C)*(0.50) PS= $400*300000 ($30000*(300) +$80000*(300)) =$87.000.000 C= $30000*(150) (The spare capacity cost 450-300=150) =$4.500.000 Profit= $82.500.000 * 0.50 Demand for Cheetah in Optimistic Scenario (0.25) Profit= (PS)*(0.50) PS= $400*450000 ($30000*(450) +$80000*(450)) =$142.500.000 Total profit for cheetah = (PS-C)*(0.25) + (PS-C)*(0.50) +PS*(0.25) =$30.500.000 * 0.25+$82.500.000 * 0.50+$142.500.000 * 0.25 =$84.500.000 Demand for Barracuda in Pessimistic Scenario (0.25) Profit= (PS-C)*(0.25) PS= $300*250000 ($20000*(250) +$80000*(250)) =$50.000.000 C= $80000(50) (The spare capacity cost is shared in Cheetah and Barracuda) =$4.000.000 Profit= $46.000.000 * 0.25 Demand for Barracuda in Expected Scenario (0.50) Profit= (PS)*(0.50) PS= $300*250000 ($20000*(250) +$80000*(250)) =$50.000.000 Demand for Barracuda in Optimistic Scenario (0.25) Profit= (PS)*(0.50) PS= $300*250000 ($20000*(250) +$80000*(250)) =$50.000.000 Total profit for barracuda = (PS-C)*(0.25) + PS*(0.50) +PS*(0.25) =$46.000.000 * 0.25+$50.000.000 * 0.50+$50.000.000 * 0.25 =$49.000.000 Total Profit For The System= Total profit for cheetah+ Total profit for barracuda -Fixed Cost = 84.500.000+$49.000.000- $40.000.000 = $93.500.000 Therefore according to the capacity scenarios profits are formed; Total Profit for Cheetah Total Profit for Barracuda Pessimistic Capacity Scenario $44.500.000 $61.500.000 Expected Capacity Scenario $74.000.000 $56.375.000 Optimistic Capacity Scenario $84.500.000 $49.000.000 Question 5: Interpret your recommended capacity portfolio in intuitive terms: in what sense does your capacity configuration prepare you to hedging and why is your plan to be preferred? Answer: Newsvendor: The newsvendor (or newsboy) model is a mathematical model in operations management and applied economics used to determine optimal inventory levels. It is (typically) characterized by fixed prices and uncertain demand. If the inventory level is q, each unit of demand above q is lost. This model is also known as the Newsvendor Problem or Newsboy Problem. In the case of Seagate Technologies, let K1 is the capacity for The Cheetah and K2 is the capacity for The Barracuda, K3 is the capacity of for The Final Test and D is the demand for each product family. The sales plan is 300 thousand units of The Barracuda and an equal amount of The Cheetah i.e. the sales plan corresponds to a demand vector (in thousands) D = (300, 300). The associated capacity investment vector for the three resources that makes this sales plan feasible is Kb = (300, 300, 600). The capacity portfolio Kb is balanced in the sense that all three resources are fully utilized at the sales plan. Capacity balance means that K1 + K2 = K3. Another capacity plan that may show up in practice is a plan that minimizes lost sales. In some settings, marketing managers may state that a customer lost once is lost forever and advocate ample capacity to prevent that. We refer to such plan as a total coverage capacity plan Kc. Obviously, a centralized, expected profit maximizing planner with knowledge of the probabilistic demand forecast can do better. Maximization of expected profit leads to increasing the investment in resources with high marginal return compared to marginal investment costs. This generalized typical newsvendor logic works in a coupled, multi-dimensional setting and show the risk-neutral or newsvendor network solution in Seagate case to be K* = (350, 35

My Papas Waltz :: essays research papers

A Drunken Dance   Ã‚  Ã‚  Ã‚  Ã‚  Theodore Roethke’s â€Å"My Papa’s Waltz† tells the reader of a small boy’s memory of his father. It explains how his father is intoxicated and the scene that goes along with it, using the word waltz to describe it.   Ã‚  Ã‚  Ã‚  Ã‚  In the first two lines, it recounts the smell of his father’s breath and the extent to which it reeked: â€Å"The whiskey on your breath / Could make a small boy dizzy† (1-2). As the third and fourth lines are read, a picture of a small boy hanging onto his father is instilled in the reader’s mind: â€Å"But I hung on like death / Such waltzing was not easy† (3-4). We would not normally associate this particular image with a waltz, a word Webster’s Dictionary defines as a ballroom dance in 3/4 time with strong accent on the first beat and a basic pattern of step-step-close. How can such an elegant dance be used to describe such a scene?   Ã‚  Ã‚  Ã‚  Ã‚  The fifth and sixth lines describe, sarcastically, a playful incident where pans fall off the kitchen shelf: â€Å"We romped until the pans / Slid from the kitchen shelf† (5-6). Finally the boy’s mother comes into play during the seventh and eight lines. Her facial expression â€Å"Could not unfrown itself† (8). This tells us that the mother was displeased but its rather discerning that she made no attempt at intervening. We would normally think of a mother’s love as unconditional and willing to do anything for her son. It really shows the degree of fear the father must have embedded into the mother with his actions.   Ã‚  Ã‚  Ã‚  Ã‚  The eleventh through fourteenth lines describe actual, bodily harm done to the young boy by way of his father’s acts: â€Å"At every step you missed / My right ear scraped a buckle / You beat time on my head / With a palm caked hard by dirt† (11-14). We can actually picture the boy clinging to his father as his ear scrapes the father’s belt buckle and his watch bumps hard onto the boy’s head.   Ã‚  Ã‚  Ã‚  Ã‚  I believe this poem tells a rather disturbing story of a boy’s time with his father in a very sarcastic way. I believe the theme to it is the sarcasm itself. It shows how some things that are bad can be described as good.

Trapped :: essays research papers

Crash, Swish, Roar. The lonely empty silence is overpowered by a wall of foam rushing towards me. Wheels of sand are churning beneath my feet. My golden locks are flattened and hunched over my head to form a thick curtain over my eyes. Light ripples are printed against my olive stomach as the sun beams through the oceans unsteadiness. I look below me and can’t see where the sand bank ends; I look above and realize it’s a long way to the top. Don’t panic Kate, you’ll get through this. I try to paddle to the top but am halted by something severely weighing me down- My board. That’s what got me in this mess in the first place. I can see the floral pattern peeping through the sand that is rapidly crawling over it. I quickly rip apart the Velcro of my foot strap and watch my board float to the surface effortlessly as I attempt climbing through the water to reach the surface. The fin of my board becomes more visible to me as I ascend. Finally, an alleviating sensation blasts through my mouth. Air. Crash, Swish, Roar. Just as I get a breath, the powerful monster swallows me once more. It finally hits me that I’m going to be under a long time. These are 20 ft waves, I think to myself. There is no way I am getting out of here the easy way. I feel the blood surge to my head as the paranoia sets in. When I was 5 years old, Dad woke me up one morning and informed me that he was finally going to teach me how to surf. I was ecstatic. I used to watch my brothers in envy as I crouched on the damp sand with my head between my hands resting on my knees, sulking at the fact that I wasn’t allowed to surf until I was 5. Well, that time arrived when Dad was taking me, and nothing was going to hold me back. I watched Dad approach me as he returned from a blue and white hire tent with a long (well what seemed long at the time), bright yellow foam board. It had a small white fin sticking out its rear. We stayed shallow and like any impatient 5 year old I began to suffer from frustration as I continuously nose dived into the sand at my efforts to stand up.

The Boeing Company :: PEST SWOT marketing strategy

CONTENTS 1.  Ã‚  Ã‚  Ã‚  Ã‚  COMPANY OVERVIEW†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦p.3 to 4 Company’s vision, mission statement and objectives Vision†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦p.3 Boeing- Airbus market share †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..p.4 2.  Ã‚  Ã‚  Ã‚  Ã‚  SITUATION ANALYSIS†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.p. 5 to 10 PEST analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦p.5 SWOT analysis †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦p.7 Boeing Corporate Culture†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦p.10 3.  Ã‚  Ã‚  Ã‚  Ã‚  THE BOEING COMPANY MARKETING POLICY†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦p.11 to 30 Segmentation†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦..p.11 Boeing’s Positioning and Targeting Strategy†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦.p.12 Buyer behaviour†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦....p.15 Pricing strategy in the Boeing-Airbus duopoly †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. p.16 Analysis of Major Customers†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦.p.18 Description of Products and Services†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦..p.20 The life cycle of Boeing’s commercial airplanes†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦p.23 Boeing’s Communication Policy†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.p.24 Public Relations †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦.p.27 Distribution policy†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...p.28 4.  Ã‚  Ã‚  Ã‚  Ã‚  PROCUREMENT AND SUPPLY CHAIN MANAGEMENT †¦Ã¢â‚¬ ¦.p.31 to 34 Brief overview of Boeing’s procurement activity †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦.p.31 e-procurement †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦p.32 Recommendations†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦..p.34 5.  Ã‚  Ã‚  Ã‚  Ã‚  COMPARISON WITH AIRBUS †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦p.35 to 37 Airbus S.A.S brief overview †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦.p.35 Reasons behind the Duopoly †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦..p.35 Comparison of both Boeing and Airbus strategies†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.....p.36 Latest commercial disputes †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦p.36 6.  Ã‚  Ã‚  Ã‚  Ã‚  ATTACK AND DEFEND STRATEGIES †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦p.38 Attack strategy †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦.†¦p.38 Defend strategy †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.....p.38 7.  Ã‚  Ã‚  Ã‚  Ã‚  RECOMMENDATIONS †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦p.39 8.  Ã‚  Ã‚  Ã‚  Ã‚  APPENDIXES†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.p.41 to 45 1.  Ã‚  Ã‚  Ã‚  Ã‚  COMPANY OVERVIEW Company’s vision, mission statement and objectives Vision Vision People working together as one global company for aerospace leadership Boeing- The future of flight. Mission To be the number one aerospace company in the world and among the premier industrial concerns in terms of quality, profitability and growth Objectives To achieve the above goals and fulfil Boeing’s mission, the following objectives will guide company: †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Continuous improvements in quality of products and processes: Our commitment to steady, long-term improvement in our products and processes is the cornerstone of our business strategy. To achieve this objective, we must work to continuously improve the overall quality of our design, manufacturing, administrative, and support organizations. †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  A highly skilled and motivated workforce: Our most important resource is our human resource: the people who design and build our products and service our customers. Given the right combination of skills, training, communications, environment, and leadership, we believe our employees will achieve the needed gains in productivity and quality to meet our goals. †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Capable and focused management To employ our technical and human resources with optimum efficiency, we must ensure that managers are carefully selected, appropriately trained, and work together to achieve our long-range goals. †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Technical excellence In a world of fast-challenging technology, we can only remain competitive by continuously refining and expanding our technical capability. †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Financial strength The high-risk, cyclical nature of our business demands a strong financial base. We must retain the capital resources to meet our current commitments and make substantial investments to develop new products and new technology for the future. This objective also requires contingency planning and control to ensure the company is not overextended should a severe economic downturn occur the plan period. †¢Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Commitment to integrity Integrity, in the broadest sense, must pervade our actions in all relationships, including those with our customers, suppliers, and each other. This is a commitment to uncompromising values and conduct.

A summary of Literature Review of the Health Effects of Obesity

Heslehurst et al (2008), in a study about complications of obesity, sought to determine the effect of maternal BMI status on outcomes of pregnancy with immediate short-term obstetric resource implications.The study was a meta-analysis study that aimed to investigate the relationships between maternal obesity and its impact on obstetric care. Literature concerning cohort studies of pregnant mothers was searched. The pregnant women under study were required to have their anthropometric measurements taken within sixteen weeks gestation, followed up during pregnancy with at least 1 obese and 1 group for comparison.The meta-analysis showed that maternal obesity was significantly related to increased odds of instrumental and caesarian deliveries, hemorrhages, infections, longer hospital stay and increased requirement for neonatal care. Maternal obesity had a significant contribution to poor prognosis for mother and baby when delivering and immediately during the post-partum period.The Nati onal clinical for managing obese pregnant women and public health should urgently therefore come up with interventions to address health of mothers and their babies.Study 2Sullivan et al (2008) sought to investigate the effect of obesity on diabetes, hypertension and hyperlipedemia. The Medical Expenditure Panel Survey (MEPS) for 2000 and 2002 was used to estimate the impact of health on people with hyperlipedemia, diabetes and hypertension.Multivariate regression methods for controlling variables such as age, race, sex, ethnicity, education, insurance, income, smoking status, proxy response and morbidity were used.   Instruments used in the study include SF-12 physical component scale (PCS-12), mental component scale (MCS-12), visual analogue scale (VAS) and EQ-5D index. The least absolute deviation that was censored was used to for the VAS and EQ-5D while the ordinary least squares (OLS) were employed for the PCS-12 and MCS-12.It was concluded that, obesity significantly aggrava tes the association between diabetes, hypertension, hyperlipedemia and health function, health perception in United States.Merten et al (2008) undertook a study to investigate racial and gender differences in adolescent and young adult psychosocial outcomes. Sample size used was 7,881 African American (915 males and 1,073 females) and white (2864 males and 3029 females) adolescents. The study was basically concerned with examinations of psychosocial consequences that are encountered by obese adolescents.Results of the study showed that obesity in females is associated with lower status when one attains young adulthood. The obese females also tend to be depressive than normal weight females. However, obesity status does not affect the psychosocial outcomes in young adult males. There was no evidence to indicate an interaction between obesity and race.ConclusionObesity in individuals leads to both psychological and physiological consequences. Obesity in pregnant women causes various c omplications which include hemorrhages, neonatal trauma, caesarian and instrumental deliveries among others. Obesity in teenagers leads to low self esteem especially in girls. At the same time obesity exacerbates hyperlipedemia, diabetes and hypertension in individuals suffering from these conditions.ReferencesWang, F and Veugelers, P.J (2008). Self-esteem and cognitive development in the era of the childhood obesity epidemic. Obesity Reviews. 9(6): 615-623Qi et al (2008). Gene-environment interaction and obesity. Nutrition Reviews. 66(12):684- 694.Heslehurst et al (2008). The impact of maternal BMI status on pregnancy outcomes with immediate short-term obstetric resource implications: a meta-analysis. Obesity Reviews. 9(6): 635-683.Sullivan et al (2008). The impact of obesity on diabetes, hyperlipidemia and hypertension in the United States, Quality of Life Research 17(8):1063-1071Merten et al (2008). Adolescent Obesity and Young Adult Psychosocial Outcomes: Gender and Racial Diffe rences, Journal of Youth & Adolescence, 37(9):1111-1122. Other Sources for Literature Review of health effects of obesity

Indian National Congress and Dear Fellow Indians

straightaway we discover the 65th Independence Day of our big(p) Nation. On this joyous occasion I convey my greetings and good wishes to all the Indians existing in this beautiful country and implore for their peace, progress and prosperity. On this auspicious day, 64 years ago, India attained freedom from colonial rule and the people of our country became the know of their destiny. All in all, the past 64 years have been momentous.Despite serious challenges on varied fronts, including several attacks on the territorial reserve integrity of India, we have been able to alimentation the flame of democracy burning bright. And, today, India is looked upon as the largest and most vibrant democracy in the world. In recent years India has been healthful known the world over for its operations in several fields, particularly in the surface area of In produceation Technology. The struggle for Indian liberty began with the first war of Indian freedom in 1857.Although not fully a s uccess, this revolt sowed the seed for a wise force, which was to take this struggle to its rightful end. As British oppression strengthened so did the inspire to attain the freedom from it. This urge found voice in the form of many great leaders such(prenominal) as Subhash Chandra Bose, Lala Lajpat Rai, Bhagat Singh, Rajguru, Sukhdev, Khudiram Bose, Ram Prasad Bismil,Mahatma Gandhi, Jawaharlal Nehru, Sardar Vallabhbhai Patel to name a few. These great patriots along with a take unnamed freedom fighters sacrificed their lives for the cause of the nation.This inhalation of millions of Indians was realized when finally India got freedom on August 15, 1947. The joy of independence brought along with it the grief of partition The country was divide into two parts India and Pakistan. The greatest achievement of this country is that in spite of its spacious diversity and a population of 1/6 of entire humanity, the country has move to remain intact and strong dismantle after over six decades of independence. Today the nation is all set to process a big come back, in spite of all its odds. It is a feature that the Indi.

Analytical Essay About Leaders Essay

What is a leader? A leader is a person who leads or commands a group, organization, or country. There are many types of leadership. A leader washbasin be a capitalistic leader that lacks direct supervision and fails to provide standard feedback to those they lead, an autocrat that possesses total authority and take decisions upon their witness will without consulting those who are following or in time a participative leader who has the responsibility of making the final examination decision but greatly includes the opinions, ideas and feedback of those they lead.Leaders can also be transactional leaders who receive true tasks to conduct and give re struggleds or punishments to those under them ground on their performance or transformational leaders who remind following and increase productivity development communicative techniques and involvement in the tasks they set. Not only that, a leader also has to put on nearly traits that out become to their types of leadersh ip.For manakin, transformational leaders carry to be patient with their followers otherwise relationships can break down and the square idea of efficiency is destroyed. Leaders need to be ingratiatory as fountainhead to motivate and coax their followers to believe in an idea or their ability to do a task which they undulate to do or think they are otiose to. As seen in history and many novels, leaders lead differently than other leaders as ideas, methods and perceptions of perfection differ between them.For example, the ideas and methods used by queen mole rat Elizabeth the First differed from those used by Sampath Chawla from the novel entitled Hullabaloo in the Guava grove write by Kiran Desai as wholesome as Mark Antony from the play entitled The tragedy of Julius Caesar written by the famous William Shakespeare. The three of them tout ensemble differed in how they led their followers and using which ideas to do so. contempt differing in many aspects, they in in i n all shared slightly common traits that are the bases of leadership.In The Tragedy of Julius Caesar, some conspirators had killed the al close roman emperor, Julius Caesar. They did so, giving the sullen occasion that they wanted to rid him of the fear or matter to of death. Mark Antony, using convincing techniques, managed to change the mindsets of the familiar who believed in the conspirators reason into believing that Caesar was a serious man and had no bad intentions, which is what the conspirators thought. Mark Antony uses glib-tongued techniques like repetition, false intentions and sophistry.He uses these in his tongue at Caesars burial to convince the assemblage into believing his ideas by first commending Brutus on how equitable he is but then repeating how honorable he is to make the throng question their credit in Brutus. He also says that he did non arrive to praise Caesar but to bury him which is but the opposite of what he wanted to do. Another false i ntention was that he did not want to disprove Brutus which is exactly what he did by using bewitch facts. Lastly, his linguistic communication was sophisticated and so led the crowd to believing that he was superior to Brutus which cemented his gaining the crowds support.In Hullabaloo in the Guava orchard, the main character, Sampath, is a leader later on in the novel after losing his job at the post office where he reads every letter that passes him. He becomes a sort of spiritual leader as he passes on some of the knowledge, two useful and downright senseless, to those who believe he is one. He manages to convince the people who come to him for advice, as he seemingly has an answer that seems meaningful and wise, using persuasive techniques that include taut language and glittering generalities.An example of the responses he gives to people is when someone asked him if anyone could comprehend all there is to know most god to which Sampath replied one time you have broken t he bottle you can no longer distinguish the stock inside from the air outside This represents the colorful and loaded language Sampath represents as well as his ability to confuse and sidestep people into thinking meaningless sentences like these have greater meaning and that is the reason they cannot understand.He is also a leader because he represents a sign of knowledge and religious importance and this gives people something to emotional state forward to, believe in and rely upon. Queen Elizabeth the First was a leader as well when she ruled over England in 1588. She was brave, intelligent, caring and because of this, love by the people. At this time, England was about to go to war with Spain. The units in concern were the naval fleets of both nations that were about to engage in combat.The Spanish fleet, nicknamed the Spanish Armada, were in comparison to the English fleet, bigger, stronger and heavily armored and this caused the soldiers to discredit their own ability to win and caused large bouts of cowardice. contempt this, the English fleet came out victorious. Queen Elizabeth, on the eve of the Spanish Armada, gave a powerful speech that motivated her soldiers and showed her love and respect for the country.She used persuasive techniques like bandwagon appeal to bring out the proclivity to belong in the soldiers, rewards that gave incentive to the soldiers to fight, win and return, loaded language to appeal to her audience, a tone of say-so to show that she knows the position of power she is in and how she is not threatened by anything on the outside and lastly, the most powerful technique she used was to keep using the word we to show how they are all coupled and how she was willing to give up everything for the nation.This inspired the trust needed to win the battle. A leader is a person who leads or commands a group, organization, or country. This is what all three leaders have shown, the ability to lead. They have shown this in their ow n ways and with their own ideas. They all share this common trait as well as being persuasive and adapting intelligently to fit the situation. That is the basic leadership trait that all triple-crown leaders throughout history have shown and that is all that is needed in order to be a successful leader.