Korea Essay -- essays research papers

KoreaWhat distinguishing factors help explain the rapid stinting growth experienced by the federation Korean economy over the past four decades?As the South Korean economy has reached a more mature stage of its economic growth, what are the evolving challenges it has had to facial gesture?What are its prospects of continued economic success in the increasingly globalised world economy?The rapid growth and development in the newly industrialising economies (NIEs) in youthful decades has been nothing short of spectacular. Now among the worlds most dynamic industrialised economies, the NIEs of Singapore, Taiwan Hong Kong, and South Korea which result be the focus, stand as perhaps the best examples of successful economic development. The economic development of South Korea, which has been among the most rapid in the world is typical of the miracle that is the NIEs. Korea has obtain far since the days it was a nation of hungry rice farmers, by pursuing an industrialisation-led dev elopment commitment since 1961, which has since produced annual GDP growth of 8.4% per annum, second only to China. The success of South Korea, has been identified by a number of factors including the shift away from import substitution strategies towards export orientated industrialisation, and the effective managing of the economy and authoritarian rule take by the governance in order to accelerate the pace of capital accumulation, technical progress and structural change to produce economic growth beyond what could possibly occur in a free market economy. NIEs, South Korea, are now recognised as export machines boasting some of the highest sell/GDP ratios in the world. International economic relations began in 1964 with the recognition of these limitation of the domestic market and the ineffectiveness of pursuing substitution industrialisation strategies. As part of its new strategy for export expansion the South Korean government introduced new measures which included the dev aluation of the won, which improved the competitiveness of its exports and introduced incentives designed to channel resources into export-orientated industries. Exporters were likewise supported by direct cash payments, permission to retain foreign exchange earnings for the purchase of imports, and the exemption from virtually all import controls and tariffs. The government in consultation with firms, set up ex... ... favourable, but the high rate of success from the growth performance in the 1980s will be exhausting to replicate. The next phase of the Asian miracle that will involve China emerging as the worlds largest economy within 10 years and the re-emerging Nipponese economy will provide substantial benefits for the Korean economy. Some important strengths of the economy include a well educated and motivated workforce, a growing level of R&D, continued rates of high savings, greater regional trade links and potential for domestic growth through increased base of operati ons investment, housing and personal consumption.In summation, South Korea is an economy which initially through selective government intervention and now through domestic and international reforms, sped to economic might. Although there are many challenges in the longer term making South Koreas future uncertain, (including the reunification with the ailing, unstable North) the fact South Korea has come so far argues well for the future. If South Korea can make the necessary changes to its economy to become a sustained industrialised nation then it will certainly take its place as an economic leader in the near future.

My Role Model :: essays research papers

My Role Model     In my life I have had actually few role models. They have been mostly famous hoi polloi I see on TV like Michael Jordan, but what young man hasnt wanted to seemingly fly through the sky and slam dunk a basketball? But as you grow older and mature you soon realize that more than just famous people can be role models to you. To me one of my role models is my friend Nick.     Nick and I are a lot alike. We both grew up without a father and had a very supportive mothers who love us very much. Nick is three years older than me and we have been friends for about two years. To begin to understand why I direct up to Nick you will first have to learn about his past and where he is now.     Like I said Nick grew up in a single parent home where the dad was gone. He went to school like everyone else. Every week he went to church on Wednesday and Sunday. His mommy struggled to support him by working several jobs, although she was there when he needed her his relationship with her was strained.     Through high school Nick played sports and hung out with a variety of people. Some good, some not so good. Eventually he fell victim to the so called "party crowd". He started drinking, doing drugs, and selling drugs. He just didnt care what others thought. All the while he was doing this he continued to go to church and pretend everything was fine. Eventually Nick graduated and moved on to college where things would get worse.     His first year of college all he did was party. It got so bad that he was out five nights a week drinking. After his grades started to suffer he realized he had a problem. All this while he was still going to church. Church is eventually where he turned to find help. After recoil his bad habits Nick decided to help others who might have problems like his.     Nick decided the best way to help others was to get involved in as an adult leader in the youth ministries program. He has really shown me what is like to grow up and take responsibilities. The reason I most look up to him is because he has turned away from all that pressure the world puts on people to be popular and is doing something with his life.

Growing With Style :: Writing Style Styles Essays

Growing With StyleDefining writing style is somewhat like describing Big Foot. People study it, and smatter about it, they try to enlighten others about it. But when its all said and done, you just rely on Ill know it when I represent it. Style is not unique onto ourselves, but I think that we all, either as audience or as writer, view our own interpretation of style. For example, the University of Miamis Philosophy and Literature Departments hold a Bad Writing Contest that gives mock prizes to the worst published academic writing that someone can sustain (Miami.edu). It is all in good fun and it is based solely on the opinions of the judges of the contest.The texts, Style Toward Clarity and Grace by Williams and Elements of Style by Strunk and sportsmanlike teach about the importance of good style. Both books are quite different in their approach and the style in which it is presented. Strunk and White is short and sweet. Williams is extended and often times a tedious read. Both books are biased to their opinions Williams is more instructional while Strunk and White almost sounds like a reprimand. However, some(prenominal) books offer up a wealth of knowledge and support.Both Williams and Strunk and White discuss the idea of clarity. Clarity is an important element of style because without it, you will have a lost or disinterested audience. Strunk and White state, Vigorous writing is concise. A sentence should contain no unnecessary words, a paragraph no unnecessary sentences, for the same reason that a drawing should have no unnecessary lines and a machine no unnecessary parts(23). Keeping this in mind will help a writer to stay on track. Instead of digressing on an unrelated topic, the writer can focus on a point and stick to it. Williams has two principles that help with managing and expressing a flow of ideas in a concise manner1. Usually, compress what you mean into the fewest words.2. Dont state what your reader can eas ily infer (115).A writer can achieve meaning compression by eliminating such things as otiose pairs (full and complete, true and accurate) and redundant modifiers (completely finish, past memories) (116). Some of these examples are so common in our speech that we can fail to see them as a trouble in our prose.

Invalidity of the Creationism Theory :: Argumentative Persuasive Essays

In boldness of the Creationism Theory Since I was a small child I stimulate been interested in science, specifically the natural sciences. They have always intensely fascinated me. So of course being the curious child I was, I read many volumes on paleontology, paleo-archeology, and geology. During this same time, my parents were deeply involved in the church. They both had just graduated from seminary school and were thinking of starting their own ministry. This of course caused quite a conflict in me. here on the one hand were all these famous authors telling me how the planet had evolved naturally over eons of time with no intervention from any deity. Then on the other, hand I had my parents and others telling me to trust in God for he was the creator of all. To settle these internal conflicts I read an extensive amount of literary works on both creationisms position and that of main stream science. I settled eventually on one final conclusion. The three most common cases cited for the validity of creationism are unjustly founded.The Great Flood The great fill up is, of course, the biblical story that tells of Gods judgment of man and His resulting punishment for what He saw as rearing wickedness. As the story goes, man had begun to multiply rapidly on the face of the earth, but to the Lord these men had become wicked. They had only evil thoughts in their black Maria and minds. The Lord God decided he would obliterate all life on the planet, except for Noahs family and the two of every kind of animal and creeping affair (or seven according to the next verse) that they take with them on the ark. Creationists claim that this worldwide flood is responsible for the destruction of the dinosaurs. According to them, the flood is responsible for the extinction of thousands of species. They call back evolution never did occur and the earth is not billions of years old as claimed by main stream science. Of course, the first problem with the global flood idea is the availability of enough water to stew the alone earth. Using current standards God would have needed 4.4 billion cubic kilometers of water to cover the highest mountains, which the Bible claims the Lord accomplished. One popular explanation by Creationists for the water problem is that a giant vapor canopy once surrounded the whole planet.

Management Of Pacific Douglas-Fir Stands To Maintain Black-Tailed Deer Populations :: Environment Animals Environmental Essays

Management Of Pacific Douglas-Fir Stands To Maintain Black-Tailed Deer PopulationsIntroductionWithin the Pacific Northwest region of the United States, intensive, even-aged silviculture has simplified the structure and species root of indigen forest stands. Within the range of the coastal Pacific Douglas-fir (Pseudotsuga menziesii), old-growth forests presently cover only 13 percent of the region 60 percent of these remnants occur in patches less than 40 hect ares in size. In this region, total land area consisting of old-growth forest before extensive logging has been estimated at 60-90 percent (Williams and Marcot 1991). As a result of intense clearcutting practices, early successional stages have become predominant and later stages have declined. Shifts in age classes of forests have been accompanied by changes in composition and abundance of fauna. Declines in population numbers, changes in conception dates, and an increase to 27 percent annual mortality (vs 5% in higher elevat ion old-growth stands) are a cause for implementing appropriate silvicultural practices in Douglas-fir stands managed for both timber production and a stable black-tailed deer (Odocoileus hemionus columbianus) population (McNay and Voller 1995, Brown 1992). This report will commence to describe a fairly new and promising silvicultural method that can potentially be able to satisfy both of these criteria. Coastal Douglas-Fir CharacteristicsThe habitat casing that this report is concerned with is the Tsuga heterophylla order which contains a large geographical area west of the crest of the Cascade Mountains. Much of the central portion of this zone is occupied by subclimax forests dominated by coastal Douglas-fir (Williamson 1983, Scott 1980). The rest is dominated by western hemlock (Tsuga heterophylla). The original old-growth forest, whose origin was primarily periodic, catastrophic fire, ofttimes had understory components of western hemlock and western redcedar (Thuja plicata). On very xeric soils, Douglas-fir may be the major species of the climax stand. Douglas-fir is a species of medium tolerance, long life, large size, and quick juvenile height growth. It does not sprout, but after 25 years of age bears good seed crops every 5 to 7 years. The seed disseminates vigorous to closely six tree lengths and up to one-half mile. Unmanaged stands vary between 81 and 190 cubic feet mean-annual increment at age sixty. Scott (1980) suggests that average yields of about 300 cubic feet per acre are possible in managed stands. For maximum yield, Douglas-fir is commonly grown on rotations of 40 to 60 years, depending on the site and the landowners objectives.

Management Of Pacific Douglas-Fir Stands To Maintain Black-Tailed Deer Populations :: Environment Animals Environmental Essays

Management Of Pacific Douglas-Fir Stands To Maintain Black-Tailed Deer PopulationsIntroduction within the Pacific Northwest region of the United States, intensive, even-aged silviculture has simplified the structure and species composition of native forest stands. Within the range of the coastal Pacific Douglas-fir (Pseudotsuga menziesii), old-growth forests presently rachis only 13 percent of the region 60 percent of these remnants occur in patches less than 40 hectares in size. In this region, total land field of battle consisting of old-growth forest before extensive logging has been estimated at 60-90 percent (Williams and Marcot 1991). As a result of intense clearcutting practices, early successional stages have become predominant and afterwards stages have declined. Shifts in age classes of forests have been accompanied by changes in composition and abundance of fauna. Declines in population numbers, changes in conception dates, and an increase to 27 percent annual mortality (vs 5% in higher elevation old-growth stands) are a cause for implementing appropriate silvicultural practices in Douglas-fir stands managed for both timber issue and a stable black-tailed deer (Odocoileus hemionus columbianus) population (McNay and Voller 1995, Brown 1992). This report will attempt to describe a fairly new and promising silvicultural method that backside potentially be able to satisfy both of these criteria. Coastal Douglas-Fir CharacteristicsThe habitat type that this report is concerned with is the Tsuga heterophylla zone which contains a large geographical area west of the crest of the Cascade Mountains. Much of the central portion of this zone is occupied by subclimax forests predominate by coastal Douglas-fir (Williamson 1983, Scott 1980). The rest is dominated by western hemlock (Tsuga heterophylla). The original old-growth forest, whose origin was primarily periodic, catastrophic fire, frequently had understory components of western hemlock and western redcedar (Thuja plicata). On very xeric soils, Douglas-fir may be the major species of the climax stand. Douglas-fir is a species of medium tolerance, long life, large size, and rapid juvenile height growth. It does not sprout, but after 25 long time of age bears good seed crops every 5 to 7 years. The seed disseminates well to about six tree lengths and up to one-half mile. Unmanaged stands vary among 81 and 190 cubic feet mean-annual increment at age sixty. Scott (1980) suggests that average yields of about 300 cubic feet per acre are possible in managed stands. For maximum yield, Douglas-fir is usually grown on rotations of 40 to 60 years, depending on the site and the landowners objectives.

What is a Class Diagram?

A signifier diagram models the static structure of a system. It shows apprisalships in the midst of breakes, objects, attributes, and operations.Basic Class Diagram Symbols and NotationsClassesClasses represent an abstraction of entities with common characteristics. Associations represent the kins between rankes.Illustrate classes with rectangles divided into compartments.Place the name of the class in the first segmentation (centered, bolded, and capitalized), list the attributes in the second partition (left-aligned, not bolded, and lowercase), and write operations into the third. Active ClassesActive classes initiate and control the flow of activity, while passive classes store info and serve otherwise classes. Illustrate active classes with a thicker border. VisibilityUse visibility markers to signify who can access the knowledge contained within a class.Private visibility, denoted with a sign, hides information from anything outside the class partition. Public visibil ity, denoted with a + sign, allows all other classes to view the marked information. Protected visibility, denoted with a sign, allows child classes to access information they inherited from a parent class. AssociationsAssociations represent static relationships between classes. Place association names above, on, or below the association line.Use a make full arrow to taper the direction of the relationship. Place manipulations near the end of an association. Roles represent the way the two classes see each other.Multiplicity (Cardinality)Place multiplicity notations near the ends of an association. These symbols indicate the itemize of instances of one class linked to one instance of the other class. For example, one company result have one or more employees, but each employee works for solely one company.Composition and AggregationComposition is a special type of aggregation that denotes a strong ownership between Class A, the whole, and Class B, its part.Illustrate composi tion with a filled diamond. Use a hollow diamond to represent a simple aggregation relationship, in which the whole class plays a more important role than the part class, but the two classes are not dependent on each other. The diamond ends in both composition and aggregation relationships point toward the whole class (i.e., the aggregation).GeneralizationGeneralization is another name for inheritance or an is a relationship. It refers to a relationship between two classes where one class is a specialized adaptation of another.For example, Honda is a type of car. So the class Honda would have a generalization relationship with the class car. In real life coding examples, the difference between inheritance and aggregation can be confusing. If you have an aggregation relationship, the aggregate (the whole) can access only the PUBLIC functions of the part class. On the other hand, inheritance allows the inheriting class to access both the PUBLIC and PROTECTED functions of the supercl ass. https//www.smartdraw.com/uml-diagram/5.Describe the six (6) different relationship notation that exists in UML Class Diagram? (6 Marks) execute Relationships in Class DiagramsClasses are interrelated to each other in specific ways. In particular, relationships in class diagrams include different types of logical connections. The following(a) are such types of logical connections that are possible in UML Association Directed Association Reflexive Association Multiplicity Aggregation Composition heritage/Generalization RealizationAssociationis a broad term that encompasses just about any logical connection or relationship between classes. For example, passenger and skyway may be linked as above Directed Associationrefers to a directional relationship represented by a line with an arrowhead. The arrowhead depicts a container-contained directional flow. Reflexive AssociationThis occurs when a class may have multiple functions or responsibilities.For example, a staff member worki ng in an airport may be a pilot, aviation coordinate, a ticket dispatcher, a guard, or a maintenance crew member. If the maintenance crew member is managed by the aviation engineer there could be a managed by relationship in two instances of the same class. Multiplicityis the active logical association when the cardinality of a class in relation to another is being depicted. For example, one fleet may include multiple airplanes, while one commercial airplane may contain zero to numerous passengers. The notation 0..* in the diagram means zero to many Aggregationrefers to the formation of a particular class as a result of one class being aggregated or built as a collection.For example, the class library is made up of one or more books, among other materials. In aggregation, the contained classes are not strongly dependent on the lifecycle of the container. In the same example, books will remain so even when the library is dissolved. To show aggregation in a diagram, draw a line from the parent class to the child class with a diamond shape near the parent class. CompositionThe composition relationship is very similar to the aggregation relationship. with the only difference being its key purpose of emphasizing the dependence of the contained class to the life cycle of the container class. That is, the contained class will be obliterated when the container class is destroyed.For example, a shoulder bags side pocket will also cease to exist once the shoulder bag is destroyed. hereditary pattern / Generalizationrefers to a type of relationship wherein one associated class is a child of another by virtue of assuming the same functionalities of the parent class. In other words, the child class is a specific type of the parent class.To show inheritance in a UML diagram, a solid line from the child class to the parent class is drawn using an unfilled arrowhead. Realizationdenotes the implementation of the functionality defined in one class by another class. To show t he relationship in UML, a broken line with an unfilled solid arrowhead is drawn from the class that defines the functionality to the class that implements the function. In the example, the printing preferences that are set using the printer frame-up interface are being implemented by the printer. https//creately.com/blog/diagrams/class-diagram-relationships/6. Provide the list of six (6) Multiplicity constraint?ANSWERMultiplicityMultiplicity is a definition of cardinality i.e. number of elements of some collection of elements by providing an inclusive interval of non-negative integers to specify the allowable number of instances of described element. Multiplicity interval has some lower bound and (possibly infinite) velocity boundmultiplicity-range = lower-bound .. upper-bound lower-bound = natural-value-specification upper-bound = natural-value-specification *Lower and upper bounds could be natural constants or constant expressions evaluated to natural (non negative) number. Upper bound could be also specified as star topology * which denotes unlimited number of elements. Upper bound should be greater than or equal to the lower bound

College and the Workforce Essay

Most people dream ab go forth the opportunity to be able to attend college. They dream about what their college campus is going to look like, who their roommate is going to be, what kind of parties they are going to go to, and what they are going to major in. However, when the time comes to begin the college process, there are many people who give up on their dream about going to college for reasons such as they return they do not quest it or because it is too expensive. Even though college is expensive, it prepares you for your future because many careers require a college education and college offers many different opportunities after-school(prenominal) of the classroom.The main thing college prepares you for is your future. It helps you be able to choose a career path you want to pursue. Currently, many careers require some sort of higher education. This is wherefore college is so strategic. Another reason college is important is because choosing a major is a big decision. M oore and Shulock (2011), along with California State University, believe that students will be to a greater extent successful if they require students to declare a major program of study after a certain amount of time or accumulation of credits, and dispense students faculty advisors in their declared major programs (p.18).Countless students change their majors over and over again before they find the right one for them. A student has the opportunity to discover various types of classes to get a feel for what might be the right career path for them before committing himself or herself to a major. However, if a student changes their major frequently throughout their college career, more time and money is added onto their schooling. They do not want to go out into the workforce and heighten around from job to job, because they may be looked down upon. In the work environment, they may beseen as unstable, unreliable, and unable to commit, even out if that may not be the case.Another benefit of going to college is that they learn numerous things, even outside of the classroom. They learn how to make new friends, how to get along with people, learn how to socialize in the proper settings, and also learn how to relax, engage fun, and enjoy themselves. These are important skills not only to have in their personal lives, but also to have in the workforce. They will always have to meet new people and learn to get along with all types of people in different environments, even if they may not be people they like or agree with. Students have to learn to set aside their personal differences so that they groundwork arrangement their professionalism. It is also important to know how to socialize properly.There are certain situations where using casual conversation in a professional setting could be appropriate, but there are other times they would want to maintain their professionalism. For example, they would not want to greet a new client by saying, Hey Whats up bro? They need to learn how to differentiate the social situation from the people who are in that social situation. It is also important to relax, have fun, and enjoy yourself. This can be key in the workforce because they want to enjoy the work they are doing, but they do not want it to completely over creator your life. They should be able to find the balance of discipline and fun in doing your job.Committing to CollegeOnce a person decides to commit to attending college, they need to come up with a personal plan that fits their style of learning. There are many different skills that help them become a master student. Some of these skills include time-management, organization, communication, and having a positive attitude. Time-management is one of the most effective strategies a person can have. It is important because in order to be a successful student they need to stay on top of their schoolwork, and not procrastinate. Managing their time can also help them in the real world beca use they are learning to balance out everything that needs to get done. Organization is additionally another central aspect to being successful. They should keep their workspace neat and clean, whether it is a laptop, desk, or just anotebook.Having a clean space can help a student be more successful. Communication is also a key factor when becoming a master student. It is important to communicate with their peers and their professors. They need to ask questions, speak up if they have concerns, and always take the initiative. It will show that they care about their grades and their success. Finally, it is important to have a positive attitude. It is very easy for things to go wrong, or not the way they want. What they need to remember is that they should keep a positive attitude. mortal who sees the glass as half(a) full is going to enjoy life a lot more then the person who sees the glass as half empty. Cox (2012) said, motivated people are happy people (p.142). Once they set their mind to accomplish something, such as a college degree, they become a happier person because they have goals they are working toward.ConclusionCollege can be a fun, yet scary step in a persons life. Even though it may be expensive, college offers the student a chance to explore who they are and who they want to be. College also offers them opportunities and skills that they are able to apply in the professional world. Once a person decides that college is the right decision for them, there are many skills that they are able to develop to help them become a master student.ReferencesCox, B. (2012). College Students, Motivation, and Success. International Journal ofLearning & Development. 2(3), 139-143. doi10.5296/ijld.v2i3.1818. Moore, C., Shulock, N., & California State University, S. (2011). Sense of Direction The Importance of Helping Community College Students Select and Enter a Program of Study. Institute For Higher Education Leadership & Policy. Retrieved fromhttp//web.b.ebscoh ost.com.ezproxy.apollolibrary.com/ehost/detail/detail?vid=14&sid=81a06a850563430ba39210e85133be18%40sessionmgr112&hid=109&bdata=JnNpd GU9ZWhvc3QtbGl2ZQ%3d%3ddb=eric&AN=ED524216.

Financial Accounting Standards Board Essay

Charging off equipment that cost less than $20 would be an example of the finish of a. overtaking concern b. cost c. matching d. materiality e. credit autonomic nervous systemD 2. The going concern confidence a. is applicable to all financial statements b. in the beginning involves full stopic income measurement c. allows for the statements to be prep bed under generally accepted accounting rulers d. requires that accounting procedures be the same from period to period e. none of the answers are adjustUnderstating assets and revenues is justified based on a. realization assumption b. matching c. consistency d. realization e. none of the answers are correct autonomic nervous systemE 4. The assumption that enables us to prepare periodic statements between the magazine that a business commences operations and the time it goes out of business is a. time period b. business entity c. diachronic cost d. transaction e. none of the answers are correct ANSA 5. Valuing assets at their liquidation values is not consistent with a. conservatism b. materiality c. going concern d. time period . none of the answers are correct ANSC 6. The business existence separate and distinct from the owners is an integral part of the a. time period assumption b. going concern assumption c. business entity assumption d. realization assumption e. none of the answers are correct ANSC 7.The principle that assumes the reader of the financial statements is not interested in the liquidation values is a. conservatism b. matching c. time period d. realization e. none of the answers are correct ANSE 8. An accounting period that ends when operations are at a low ebb is a. a calendar year b. a financial year c. the natural business year d. an operating year e. none of the answers are correct ANSC 9. The accounting principle that assumes that inflation pull up stakes not take place or will be immaterial is a. monetary unit b. historical cost c. realization d. going concern e. none of the ans wers are correct ANSA 10. Valuing inventory at the lower of cost or market is an application of the a. time period assumption b. realization principle c. going concern principle d. conservatism principle e. none of the answers are correct ANSD 11.The realization principle leads accountants to usually tell revenue at a. the end of production b. during production c. the receipt of cash d. the point of sale e. none of the answers are correct ANSD 12. The stimulus that items that are not material may be recorded in the financial statements in the most economical and expedient manner possible is proxy of a. matching b. conservatism c. realization d. materiality e. none of the answers are correct ANSD 13. The assumption that deals with when to recognize the costs that are associated with the revenue that is being recognized is a. matching b. going concern c. consistency d. materiality e. none of the answers are correct ANSA 14. The most significant current microbe of generally accepte d accounting principles is the a. New York Stock Exchange b. chronicle Principles control board c. Accounting Research Studies d. AICPA committee on Accounting Procedure e. fiscal Accounting Standards Board ANSE 15. All but one of the following statements indicates a difference between the Financial Accounting Standards Board (FASB) and preceding approaches. Select the one that is not a difference. a. The FASB is independent of the AICPA. b. The size of the board is much smaller. c. The FASB has broader representation. d. The FASB is the primary board for the development of generally accepted accounting principles. e. Members of the FASB advert on a full-time basis. ANSD 16. The Accounting Principles Board issued Opinions between a. 1959-1973 b. 1939-1959 c. 1973-present d. 1966-1976 e. none of the answers are correct ANSA 17. The Financial Accounting Standards Board has issued statements between a. 1960-1973 b. 1939-1959 c. 1973-present d. 1966-1976 e. none of the answers are correct ANSC 18. Accountants face a problem of when to recognize revenue. Which of the following methods of recognizing revenue is not apply in practice? a. point of sale b. point of order acceptance c. end of production d. receipt of cash e. revenue recognized during production ANSB 19.The organization that has by federal law the accountability to adopt auditing standards is the a. New York Stock Exchange b. Public Company Accounting Oversight Board c. Accounting Principles Board d. Financial Accounting Standards Board . AICPA Committee on Accounting Procedure ANSB 20. By law, the setting of accounting standards is the responsibility of the a. AICPA Committee on Accounting Procedure b. New York Stock Exchange c. Accounting Principles Board d. Securities and Exchange Commission e. Financial Accounting Standards Board ANSD 21. The assumption that allows accountants to accept some inaccuracy, because of incomplete information about the future, in exchange for more timely reporti ng is a. conservatism b. time period c. business entity d. materiality e. realization ANSB 22.

Winter Sonata as the pioneer of Hanryu

I agree that Winter Sonata is the pioneer of Henrys. Like the article describes, Winter Sonata contain contrastive elements which catch the eyeballs of middle hoary women. The pure love plots, the sentimentalist and slow-paced scenes and the choice of actors blended and created a chemistry action which provide rooms for the audience to fantasize and envision themselves in the scenes of the drama. Winter Sonata not only fulfills the receptive needs of the middle aged women, but in any case fulfills their psychological needs.While they are enjoying the beautiful scenery in the television screen, at the same time they send word be satisfied with their hidden desire, as the writer pointed out. I think this is the largest attraction to the audience, as the drama triggers their imagination. They notify feel excited but halcyon when imagining their own stories in their safety zone, where they can forget the reality. Freshness is likewise an importingant element of Korean dramas th at attracts Japanese. I think that this can be also applied to Hong Kong audience.As the plots and themes of local Hong Kong mainstream drama are always alike, audiences can easily predict the flow and ending of the dramas. While Hong Kong audiences are bored by the same stories, Korea dramas provide them with antithetic themes, scenes and cinematographic techniques, which can increase their interest in these foreign dramas. Besides freshness, the original Watching dramas habit of Hong Kong people also help enhancing the import of Korean dramas to Hong Kong.Knowing that many Hong Kong audiences are addicted to dramas, paid television companies have set up many channels which are specially for playing different dramas day and night. Therefore, there are great demands for buying dramas from another(prenominal) countries, as there are not enough local drama productions to fulfill the asking of different audiences. Teenagers build forums and groups for particular drama through inter net in order to provide platforms for discussing and sharing with other audiences.However middle aged women seldom contain the initiative to act like the teenagers, as they may not be good users of computer. But still, I think the avid middle aged women fans can give an impetus to promotion of Korean drama, by creating a frenzy of watching Korea drama day and night and discussing the content with their neighbor. The mania of diddle aged women rise the attention by the mass media successfully, which help Winter Sonata gain famous and increase the interest of other people to discover the fascination of it by watching this drama.The products related to Korea entertainment industry also help expanding the Henrys. The products like, photos, calendar and key chains of popular idols and props which were used in famous dramas were purchased by the fervent fans all over the world. Stores were set up in Monks in Hong Kong which were specialized in exchange these Henrys products and Shin-Ko bo in Japan become a short Korean city, which is famous for the Korean assistants and the stores selling idol products. These reflect that people in most of the East Asian countries are putting their focus on the Korean trend.Fans are pursuing fast and new idol products while merchandisers are finding the commercial potential in Korea entertainment industry in order to make profit. Henrys becomes more important in some of the peoples living. Using Winter Sonata as the example, the article brings out that the sweeping of Korean popular refining through East Asian countries can improve the inter-country relationships. The research pointed out that he learnings of Korean by Japanese can be changed after watching a Korean drama, as they can know more about the recent Korea imperceptibly.Becoming more familiar with Korean things, they are more willing to counter the initiative to agree more about Korea. For example, they search the Korea places where scenes of drama were took place t hrough internet, and they plan their own trip to Korea, in order to collect first-hand education about Korea by their own experiences. Thus, the blank parts of Korean in Japaneses mind are replaced with different new and trendy Korean knowledge, which may learn from different Korean culture.The research also spotted that though the image of second Korea is growing more positive, there is no change on the perception to North Korea. Besides the negative news reported in Japanese media, I think the settings in South Korean drama may also contribute on imputing bad images of North Korea in Japanese mind. North Korea is often playing an evil- doer in most South Korea drama, for example in a popular drama Iris, the secret organization which aim to destroy South Korea by nuclear weapon is started by North Korea government.By the exaggeration in mass media, Japanese have an even worse impression on North Korea. After reading this article, I think the soft power of South Korea give much co ntribution to her raising world status. Not only has she had flourishing Korean entertainment, her technology development on gadgets are also astray adopted in many countries, like Samsung products and mobile applications. All these Korean pop culture are penetrating through many countries by different forms, entering many peoples daily life, thus building up favorable impression to other countries.Under the globalizes world, local culture can easily passed to other countries by internet or international companies. For example, Sys and Girls Generations music videos are always being played on the Samsung television in many electric appliance selling stores. Therefore, Korea popular culture is more exposed to the world and increases her acceptance by other countries. Undoubtedly, Henrys has improved the mutual understating between Korea and other countries, like increasing the mutual understanding between Japan and Korea.However, though South Korea now is having a great soft power, I think it can only influence other countries culturally and economically, but not semipolitically. A good cultural relationship between two countries may not be able to improve the political relationship of them as well. Take the dispute on Tasmania between Japan and Korea, both countries are having normal cultural relationship, but when tackling conflict which affect their sovereignty and own interests, the advantage of having good cultural relationship is Just negligible. Both countries will defend their own interest and cultural relationship will not be under their consideration.

A financial Case Study of Sovereign Lodge

The Sovereign Lodge is an old, but good maintained property that has changed ownership several times over the old ages. It has no eating house or saloon. It is positioned as a mid-price, good quality finish retrogress Lodge.The Sovereign Lodge is unfas goed during the ski season. It opens on December 2 and closes the last twenty-four hours of March. The ski mountain it serves ope marks on a license from the country which allows merely great hundred yearss of ope proportionalityn per twelvemonth. Each of the 50 suites in the east wing rents for $ 15 for case-by-case 10ancy or $ 20 for dual moving in. The due west wing of the Lodge has 30 suites, all of which have dramatic positions of the skiing inclines, the mountains, and the small town. Board in this wing rent for $ 20 and $ 25 for various(prenominal) or dual occupation, severally. The mean tenancy lay during the season is approximately 80 % ( typically, the Lodge is full on weekends and norms 50 to 60 suites set-asid e(p) on hebdomad darks. ) The ratio of individual versus dual tenancy is 28, on norm.Operating consequences for the last financial twelvemonth ar shown in Exhi micro chip 1. Mr. Kacheck, the theatre director of the Lodge, is concerned about the glum-season months, which show losingss each month and cut down the high net incomes reported during the season. He has suggested to the proprietors, who acquired the Lodge merely at the celestial pole of the 2006 season, that to cut down the dissolvecelled-season losingss, they should hold to maintain the west wing of the Lodge runing year-round. He estimates the mean tenancy rate for the off-season to be between 20 % and 40 % for the following few old ages. Kacheck estimations that with c arful attending to the off-season patronage a 40 % tenancy rate for the 30 suites during the off-season would be much much plausibly if the proprietors would perpetrate $ 4,000 for advertisement each twelvemonth ( $ 500 for each of 8 months ) . T here(predicate) is no grounds to bespeak that the 28 ratio of individual vs. doubles would be different during the balance of the twelvemonth or in the hereafter. Ratess, nevertheless, would hold to be drastically reduced. Present programs are to cut down them to $ 10 and $ 15 for singles and doubles.The director s wage is salaried over 12 months. He acts as a caretaker of the installations during the off season and besides contracts about of the fix and care work during that press cutting. Using the west wing would non interfere with this work, but would do an estimated extra $ 2,000 per twelvemonth for fix and care.Mrs. Kacheck is paid $ 20 a twenty-four hours for oversing the amahs and assisting with check-in. During the season, she works 7 yearss a hebdomad. The regular desk clerk and each amah are paid on a day-to-day footing at the rate of $ 24 and $ 15 severally. The paysheet r regular(a)ue enhancements and other periphery benefits are about 20 % of the paysheet. Although depreciation and belongings revenue enhancements would non be alter by the termination to maintain the West flying unfastened, insurance would increase by $ 500 for the twelvemonth. During the off-season, it is estimated that Mr. and Mrs. Kacheck could manage the forepart desk without an extra individual. Mrs. Kacheck would, nevertheless, be paid for 5 yearss a hebdomad.The cleansing supplies and half of the assorted spendings ( inhabit supplies ) are considered a direct map of the ensure of suites occupied. The other half of the assorted disbursals are repair and would non alter with 12 month operation. Linen is rented from a supply house and the cost besides depends on the figure of suites occupied, but is twice every bit much, on norm, for dual tenancy as for individual tenancy. The public-service corporations include two points telephone and electrical energy. There is no electricity disbursal with the Lodge closed. With the Lodge operating, electricity disbursal is a ma p of the figure of suites available to the populace. Rooms must either be heated or air-conditioned. The telephone measures for each of the four seasonal worker months were as follows80 calls $ 3.00/month $ 240Telephone Basic Service Charge 50$ 290During the off-season, merely the basic service charge is paid. The monthly charge of $ 3 is applicable merely to active telephones.An extra facet of Mr. Kacheck s proposal is that a covered and het swimming pool be added to the Lodge. Mr.Kacheck believes that this would increase the hazard that the off-season tenancy rate would be above 30 % . Precise estimations are impossible. It is felt that although the winter tenancy rate will non be greatly stirred by adding an indoor pool, finally such a pool will hold to be built to remain even with the competition. The cost of such a pool is estimated to be $ 40,000. This sum could be depreciated over 5 old ages with no salvage value ( $ 15,000 of the $ 40,000 is for a plastic cardcastle and the heating units, which would be used nine months of the twelvemonth ) . The lone other costs associated with the swimming pool are $ 400 per month for a lifesaver, need by practice of law during the busy hours, extra insurance and revenue enhancements, estimated to be $ 1,200 heating cost of $ 1,000 and a annual care cost of $ 1,800. If the pool were covered, a guard would be needed for 12 months. If it is non covered, a guard would be needed merely for 3 summer months ( from 15 June to 15 September, the warmest period of the twelvemonth ) , and there would be no warming disbursal.Exhibit 1 Sovereign LodgeOperating Statement, For the Fiscal Year ended 3/31/09Grosss $ 160,800ExpensesWagesManager $ 15,000 Manager s Wife 2,400 Desk salesclerk 2,880Maids ( four ) 7,200$ 27,480Payroll Taxes and Fringe Benefits 5,496Depreciation ( 15 twelvemonth life ) 30,000Property Taxs 4,000Insurance 3,000Repairs and Maintenance 17,204Cleaning Supplies 1,920Utilities 6,360Linen Service 13.920In terest on Mortgage ( 5 % involvement rate ) 21,716Assorted Expenses 7,314Entire Expenses 138,410Net income before Federal Income Taxes $ 22,390Federal Income Taxes ( 48 % ) 10,747Net Profit $ 11,643The sestet plectrons are Opening in the summer, A with and without advertisement, for each of no pool, pool without bubble, pool with bubble.The Options areStay unfastened, no advertizement, and no pool.Stay unfastened, advertisement, no pool.Stay unfastened, no advertizement, and pool merely.Stay unfastened, advertisement, and pool merely.Stay unfastened, no advertizement, pool and bubble.Stay unfastened, advertisement, pool and bubble.A matrix demoing additive fixed costs for each of the six options and classs of cost covering, fixs, insurance, Mrs. K, advertisement, the pool, the bubble, pool disbursals ( rather a few classs here ) , telephone, electricity, and amahs ( if you think necessary ) .Each figure in this matrix should be carefully explained as if to a non-finance individua l.Fixed costs for the off season which is besides known as incremental fixed costManager s married woman she is paid merely 5 yearss a hebdomad hence, figure of yearss for which she is paidEntire yearss in the 8 month period = ( 365-120 ) = 245 yearssTherefore, figure of hebdomads in that period 245/7 = 35 hebdomads35 ten 5 yearss = 175 yearss ( Mrs. Kacheck is paid merely for 5 yearss a hebdomad )175 ten $ 20 = $ 3500 ( sum spent on Mrs. Kacheck s wage )Maid s wageAt least one amah is considered in the off extremum season and the options in which advertisement is make 2 amahs are taken.Maid is paid $ 15 per twenty-four hours and for 245 yearss during the off extremum season15 ten 245 = $ 3675 per amahSing 1 amah for 8 months consequences in the $ 3675While for 2 amahs, 2 x $ 3675 = $ 7350Repair and care$ 2000 for 8 months ( mentioned in the instance valuate )Additional $ 1800 for the options in which pool is considered.Utilities ( Telephone + Electricity )Utilities expense = tele phone + electricity + warming ( in alternate 5 and 6 merely )The telephone and the electricity is the direct map of figure of suites available to the populace it is considered for 30 suites.Telephone for 1 month 290Therefore telephone for 4 months = 290 * 4 = 1160 + 400 ( basic service charge for 8 months when all the line were closed anticipate that the Lodge was closed for 8 months ) = $ 1560Expenses on telephone for 8 months presuming that the 30 suites are available to the public = 30 x 3 = 90 + 50 ( basic service charge for east wing which is closed ) = $ 140 per monthTherefore, for 8 months = 140 ten 8 = $ 1120ElectricityHence by here we can cipher the electricity disbursal i.e. = 6360 1560 = $ 4800Electricity disbursal for 80 suites for 120 yearss = 4800Therefore electricity disbursal of per room per twenty-four hours = 4800 / ( 80*120 ) =0.5 per room per twenty-four hoursTherefore for 30 suites for 245 yearss = 0.5 ten 30 ten 245 = $ 3675And heating disbursal will be $ 100 0 ( wherever pool and bubble is included i.e. in alternate 5 and 6 )Then calculate the incremental part ( in $ ) per occupied room/day during the off-season?Incremental ploughshare = Revenue inconsistent disbursalStay unfastened, no advertizement, and no pool.Incremental Contribution Margin Entire Revenue Entire protean Expenses=20580-3524= 1705617056 = 2842.66 per room6 Suites2842.66 = 11.60 part border per room per twenty-four hours245 yearssIncremental Contribution Margin Entire Revenue Entire changeable Expenses=41,160 7,291=3386933869 = 2822.41 per room12 Suites2822.41 = 11.52 Contribution Margin per room per twenty-four hours245 yearssIncremental Contribution Margin Entire Revenue Entire Variable Expenses=30870 5529= 25341 Contribution Margin25341 = 2815.66 per room9 Suites2815.66 = 11.49 Contribution Margin per room per twenty-four hours245 yearssVariable Expenses=41,160 7,291= 33,869 Contribution Margin33869 = 2822.41 per room12 Suites2822.41 = 11.52 Contribution Margin per room per twenty-four hours245 yearssIncremental Contribution Margin Entire Revenue Entire Variable Expenses=30,870 5,529= 25,341 Contribution Margin25341 = 2815.67 per room9 Suites2815.67 = 11.49 Contribution Margin per room per twenty-four hours245 yearssIncremental Contribution Margin Entire Revenue Entire Variable Expenses=41,160 7,291= 33,869 Contribution Margin33869 = 2822.41 per room12 Suites2822.41 = 11.52 Contribution Margin per room per twenty-four hours245 yearssNote All the computations are for ciphering the gross is done sing the ratio of 28 for individual dual as mentioned in the instance survey.Incremental Variable disbursals Linen servicesFor disbursals of 4 months = 13920 ( given in the instance survey )With regard to 80 % of 80 suites presuming the ratio of Single dual as 28Therefore linen supplies =13920/ ( 13 individual suites x 1 + 51double suites x 2 ) = 13920/115 = 121.05 for 4 monthsTherefore linen disbursal for 1 twenty-four hours 121.05 / 120 = 1.01Therefore in 245 yearss we have 6 suites occupied in the ratio of 28 as individual dual ( 4 double suites cost $ 8 and 2 individual suites cost $ 2 per twenty-four hours braggart(a) a sum of $ 10 per twenty-four hours for the linen services ) 245 x 10 = $ 2450Similarly when the tenancy rate is dual i.e. 40 % at that clip the figure of suites alterations from 6 to 12 and sing 3 singles and 9 dual suites the linen comes $ 5145Cleaning suppliesExpenses on cleaning supplies in 4 months = 1920No. of suites occupied in that period = 80 % of 80 = 64 suitesTherefore, cleaning supplies per room per twenty-four hours = ( 1920 ) / ( 64*120 ) = $ 0.25Hence, for 6 suites for 245 yearss = 0.25 ten 6 ten 245 = $ 368Similarly, when the figure of suites taken is 9 for the instance of 30 % and for 12 for 40 % tenancy.Hence, for 9 suites for 245 yearss = 0.25 ten 9 ten 245 = $ 551Hence, for 12 suites for 245 yearss = 0.25 ten 12 ten 245 = $ 735Assorted disbursal50 % of 7314 is covariant i.e. 3 657 for 120 yearss sing 64 suitesTherefore misc. disbursal per room per twenty-four hours = 3657/ ( 64 x 120 ) = 0.48 per room per twenty-four hoursHence for 6 suites for 245 yearss = 0.48 ten 6 ten 245 = $ 706Similarly when the tenancy rate is 30 % the figure of suites taken is 9 and when it is 40 % the figure of suites taken is 12.Hence for 6 suites for 245 yearss = 0.48 ten 9 ten 245 = $ 1058Hence for 6 suites for 245 yearss = 0.48 ten 12 ten 245 = $ 1411By spliting each of the six incremental fixed costs by the incremental part per unit, and comparing this figure with the figure of room/days available outside of the skiing season, you should deduce interrupt even tenancy per centums in the image 18 % 44 % . For each determination alternate calculate the tenancy rate necessary to interrupt even on the incremental one-year disbursals.Break even mess = Incremental fixed cost / part border per unit ( room )Stay unfastened, no advertizement, and no pool.Break Even sight= 14470284 2.66=5.09Stay unfastened, advertisement, no pool.Break Even Volume= 221452822.41=7.84Stay unfastened, no advertizement, and pool merely.Break Even Volume= 272702815.66= 9.68Stay unfastened, advertisement, and pool merely.Break Even Volume= 349452822.41= 12.38Stay unfastened, no advertizement, pool and bubble.Break Even Volume= 312702815.67= 11.10Stay unfastened, advertisement, pool and bubble.Break Even Volume= 389452822.41= 13.79The tenancy per centum comes out to be about pair to 40 % sing all the options i.e. remain unfastened, advertisement, pool and bubble. The figure of suites required to be filled is about equal to 12 out of 30.By comparing these breakeven figures with Mr Kachek s outlooks ( as indicated in the text ) you should pull decisions about which of the options is the best.The recommend option on the footing of breakeven computationsAns. The best option should be the first one i.e. merely to remain open because merely 5.5 % more tenancy is needed to run into the in terruption even military position which is rather less every bit compared to the other values. This determination option can besides be considered because of the gross.Mr. Kacheck besides thinks that if the advertisement is done so the tenancy per centum will be at least 40 % and by comparing the per centum of the part border to the incremental fixed cost gives the Break even volume which is good for the first option. change over 1 The breakeven volume the rate of per centum which is required to be increased in the tenancy comes to be 5.09 % . All the computations are done sing the tenancy rate as 20 % in that determination option. To run into a place where wide gross is equal to the perfect disbursal the most favourable rate of tenancy for this instance should be 14.01 %Alternate 2 The breakeven volume the rate of per centum which is required to be increased in the tenancy comes to be 7.8 % . All the computations are done sing the tenancy rate as 40 % in that determination opti on. To run into a status where entire gross is equal to the entire disbursal the most favourable rate of tenancy for this instance should be 42.2 %Alternate 3 The breakeven volume the rate of per centum which is required to be increased in the tenancy comes to be 9.68 % . All the computations are done sing the tenancy rate as 30 % in that determination option. To run into a status where entire gross is equal to the entire disbursal the most favourable rate of tenancy for this instance should be 21.4 %Alternate 4 The breakeven volume the rate of per centum which is required to be increased in the tenancy comes to be 12.4 % . All the computations are done sing the tenancy rate as 40 % in that determination option. To run into a status where entire gross is equal to the entire disbursal the most favourable rate of tenancy for this instance should be 27.6 %Alternate 5 The breakeven volume the rate of per centum which is required to be increased in the tenancy comes to be 11.10 % . All t he computations are done sing the tenancy rate as 30 % in that determination option. To run into a status where entire gross is equal to the entire disbursal the most favourable rate of tenancy for this instance should be 19.9 %Alternate 6 The breakeven volume the rate of per centum which is required to be increased in the tenancy comes to be 13.8 % . All the computations are done sing the tenancy rate as 40 % in that determination option. To run into a status where entire gross is equal to the entire disbursal the most favourable rate of tenancy for this instance should be 26.2 %7A Using the original net income program line for the skiing season, and the best option for the non skiing season you should deduce an overall annualA net income figure for Sovereign Lodge.After analysing the income statement of the extremum season i.e. skiing season along with all the six options, the second option is the best 1 in which the Lodge stay opens along with the advertizement.Note In this opti on the net net income comes to be highest which is the ground to choose this option in order to transport frontward the Lodge to remain unfastened for the remainder of the off extremum season.8 You should compose a decision which incorporates your remarks in Note 5, and your sentiment from Note 6, and any other positions about the hereafter of this Lodge in order to do a concluding recommendation to the owners.A This decision should be at least half a page long.Ans. The fiscal statements say that 2nd option in which the Lodge is to remain unfastened with the advertizement but no pool is the best option because the net net income for that option is the highest and to be more profitable is the best thing.As Mr. Kacheck s outlook if the advertisement is done maintaining the Lodge unfastened, the false per centum is 40 which enables the overall gross for the twelvemonth to be the highest. The net net income for this determination option is highest amongst all i.e. $ 16819. Because there are no extra disbursals the overall gross is high and there are more net income borders.Mr. Kacheck expects that the net income border will be higher for the options in which the advertisement is done. Initially the basic status is to maintain the Lodge unfastened during the off extremum season and in that period if no extra disbursal is done so the net net income comes to be the higher as in the 2nd option. Ad can better the tenancy per centum as more people will come to cognize about the Lodge. The advertisement money can be utilized in to the web site of the Lodge so that people can happen out the information about the Lodge online.

Police Crisis Management

ABSTRACTThis paper is mainly tell towards a discussion of constabulary Crisis Management. This topic is necessity and beneficial to the law of nature system in transaction with their operations. Crisis Management refers to a system of approach in solving various problems that may come in different situations. Its major function is to prep are a body, group or institution of the possibilities of disaster, calamities and emergencies. Finally, this paper tackles about the significant features of Police Crisis Management which include the make up of preparation, negotiation, and the development of the crisis charge.This paper is divided into three parts. The first part is the introduction wherein the concept of crisis focal point is described and defined. The second part elucidates on the definition and photo of Police Crisis Management. The third part is composed of the important aspects and facets of Police Crisis Management. The last part presents the conclusion of the paper.I ntroductionCrisis Management is a tool used in dealing with impending crises. Its principal focus is on the planning stage in which an organized practical method is formulated in order to prevent the situation of particular crises. It primary goal is to thwart the incidence of disorder in a specific field rather than facing the problem in an extemporized adjacent approach.Crisis Management entails the detection of the crisis itself, the stage of making plans in reaction to the crisis which include proper way of dealing and resolving the problem. It is most likely used in the field of political science, international relations, business and management.The principal precepts of Crisis Management are gathering of the most pertinent information regarding the crises instead of concealing it treating the crisis as fond as possible for prolonging its existence might as well as increase the risks it poses and the coordination and involvement of the persons who are responsible for the e xecution of the crisis management system.Having the above key principles, the theory of crisis management can be carved up into three main phases, namely crisis negotiation, crisis control, and crisis dynamics.Police Crisis ManagementPolice Crisis Management pertains to a systematic method of treating crisis or problems that are primarily directed towards police operations. This method aims to check the occasion of hitches and predicaments in the field of police system. Moreover, its task is not only in the detection of potential problems but also in addressing these problems systematically and accordingly.In its objective to put superior countermeasures over the imminent crises in the field of the police system, planning and execution take a rattling important role in administering the crisis management. With this regard, standard operating forces should be observed by the police system in order to manage the crises responsibly and conscientiously.Important Aspects of Police Cris is ManagementAs stated earlier, necessary stages of crisis management should involve planning on what to do, how to do, what are needed in dealing with a specific crisis. Such plays a actually important role for it is the stage wherein the crisis management starts. It includes the identification of the existing crisis, the reasons or the causes of its occurrence, the affected aspects and the approximated period of its occurrence if not addressed immediately. Also, it consists of the formulation effective techniques or strategies that can successfully terminate the prevailing crisis.Another important aspect of police crisis management is the gathering of the most important and most relevant information regarding the crisis which is primarily focused on the knowledge, skills and position that the police system should possess in order to execute the planned strategy in managing a particular crisis. For example, in the case of hostage-drama scenario, the police system does not instant ly go to the place wherein in that respect is a hostage situation. The police system has this standard operating procedure in which prior to its implementation, a plan of action should be first discussed by the police themselves initiated by the superior police. In such meeting, the policemen are reminded of the body politic and donts in dealing with that particular situation.They are also reminded of the consequences and possible threats that they might encounter while executing their task of controlling the situation. Lastly, as advocates of justice, police system does not permit abuse of power. In which in the case of the given hostage-crisis, the policemen are not instructed to gunshot the hostage-taker at once. Negotiation is the initial mechanism use by the police system in handling such situations. However, in worst cases like the hostages are really being by the hostage-taker, the policemen are initiated to do all that they can do to stop the hostage-taker from hurting the hostages which allows them to fire on the hostage-taker (such also applies to other instances such as by-bust operations, face-to-face encounter with law-offenders, etc.)In addition, slender coordination with the whole police system is necessary in the police crisis management. It is noteworthy that the police system is well coordinated from top to bottom and vice versa. The planning stage should be composed of commands and instructions from the top superiors, and the discussed-strategy that is done during the emergency meeting of the police. Having this need of coordination means also that outstanding communication among the law-enforcers should be retained during the crisis management.Time-delay should be avoided. There should be no action from the police system that might interrupt the operation. As cited earlier, quick reactive response should be the attitude of the police all throughout the crisis management. Prolongation of such incidents might severe the tension and the si tuation causing more difficulty in controlling the circumstances.Finally, instances of earlier cases of crisis management should be recorded and examined so as to aid the police for formulating new set of crisis management approach. It is also important that the government should support and patron the police in upholding this crisis management-thing. There should be a rule or law that should ensure the police that whatever happens during their attempt to actualize such crisis management, there is a law that would justify their acts and procedures.ConclusionTo conclude, Police Crisis Management is a very important mechanism established and utilized by the police system in facing calamities and disasters in their field of work. Such mechanism is said to be necessary for it prepares them for the potential crisis that they may experience with regards to their field of work.The roles and the functions of the implementer of such police crisis management is also important for it serves as an assurance that a particular crisis is really being taken in hand by the police. Also, knowledge, skills and attitude should also be motivated with regards to the nature of the adversity.The abovementioned important aspects in the Police Crisis Management are just few among the essential factors that are employed in the police crisis management. By following and observing these factors, a well-strategize and more premeditated crisis management can be established by the police in doing their task as law-enforcers.ReferenceDavidson, T. N. (2002). To preserves Life Hostage-Crisis Management CimacomFink, S. (2000). Crisis Management Planning for the Inevitable (Revised ed.) Backinprint.com.Miller, L. (2006). Practical Police Psychology Stress Management And Crisis Intervention for Law Enforcement Charles C. Thomas PublisherNadu, T. (2006). Police make grow crisis management plan Electronic Version. The HinduOnline edition of Indias National Newspaper. Retrieved May 28 2007.

To What Extent Was Grass Roots Activism a Significant Reason to Why the Civil Rights Movement Grew in the 1950s and 1960s

To what completion was grass roots activism a significant reason to why the civilised Rights Movement Grew in the fifties and 1960s The complaisant rights movement grew for a number of reasons during the 1950s and 1960s. Prior to this select time point America were fighting in the Cold War and many black soldiers batt direct in the name of immunity. This was ironic as these black soldiers were fighting for something that they didnt even have keep going home. Often colored soldiers talked about the Double V Campaign this was referring to victory in the war and victory for cultivated rights back home in the USA.Many historians believe that world war two planted seeds in the harvest-tide of the civil rights movement as it raised the question to black people, in the words of Mohamed Ali Why should they ask me to regularise on a uniform and go ten thousand miles from home and drop bombs and bullets on brown people in Vietnam while so-called Negro people in Louisville are treate d like dogs and denied simple human rights? A Philip Randolph played a key role in the early civil rights movement as he called for an executive order to stop job discrimination in the defence force industry. electric chair FDR eventually issued executive order 8802 stating an end to discrimaination the employment of workers in the defence industries and in government. This proved in effect(p) in the growth of civil rights movement as it was one of the first pieces of success blacks achieved and this increase momentum, trust and motivation for blacks in their bid for civil rights. Other factors that influenced effected the growth of the civil rights movement include the increase in media cognisance which helped mobilise support from all quarters of the USA.The support they gained imputable to variant methods of black leaders, the shift in presidents attitudes and the Supreme Court, and the momentum gained through small victories which elysian the likes of Rosa Parks. Grass r oots activism managed to gain momentum and maintain belief amongst black Americans which proved brisk in the growth of the civil rights movement in the 1950s and 1960s. The fact that prejudice and discrimination cool off existed meant that the fight had to continue and relative success resulted in continued motivation.A good example of this is the Montgomery peck boycott, when the Montgomery good deal company finally decided to desegregate a year boycott began, Martin Luther mightiness and black protesters didnt settle at that, they tried to desegregate the rest of the still segregated bus companies in Alabama. In one sense a legal victory was gained here in the desegregation of the bus company however in an opposite sense a moral victory was gained as it showed the economic power black Americans had if they united together.In addition, because black-markets wanted to continue to desegregate bus companies in other cities this shows Black Americans were trying to grow the CRM rather than just being contempt after one metropolis was desegregated. Thus proving the CRM was growing due to grass roots activism and small successes maintaining belief amongst blacks. The growth of the CRM was also due to the variety of opinions, tactics and views of varied black leaders and organisations. A wide range of beliefs were covered so most black Americans had a leader that suited their own beliefs.For example MLK and the SCLC supported non- violent protests, such(prenominal) as the Montgomery Bus Boycott, The Freedom Rides and The Sit-Ins. These methods appealed to many blacks and whites too who supported non-violent methods and the whole concept of MLK ideology. unless blacks who did not support peaceful protests could support the Black Panther party instead lead by Heuy due north and Bobby Searle. This organisation supported much more aggressive actions and believed in self-defence and retaliations against white mobs and policemen. Huey Newtons main aim was An imm ediate end to police brutality and the murder of black people.The Black panthers appealed to the new generation of blacks and those who had generally a more aggressive view on the situation. The fact that distinguishable parties existed meant that the CRM had more supporters as it has supporters from both violent and non-violent sides this in the big picture benefited the cause for CRM and helped it grow. The change in presidents actions and beliefs also helped the growth of the CRM. Presidents such as Truman and Eisenhower began to take action overruling states inactions to ignore the federal government, thereof effectively aiding blacks bid for civil rights.A good example showing how presidents attitudes were changing is the little rock nine cases in Arkansas, 1957. When nine black students were disallowed entry into the city high work by governor of Arkansas orders to send state soldiers to stand outside the premises to avoid entry, President Eisenhower felt he had to interv ene. He ordered 1000 US soldiers to protect the black children on their mien to school from the mob of angry white parents opposing desegregation in schools.Eisenhowers actions showed that he was active to make drastic action in order for integration amongst blacks and white children in schools. He utilize his authority to over- rule state laws and this showed that he was for the idea of blacks receiving equal education as whites, therefore adding to the growth of the CRM. Another contributing factor helping the CRM to grow was due to the changes in the Supreme Court that led to opportunities to challenge and change the key features of segregation.In 1896 the Supreme Court issued the ruling separate but equal thus legally legitimising racism. However this rule was over turned in 1954 at the Brown vs. Topeka add-in Of Education case, meaning that their attitudes had changed and that schools should become desegregated. The reversal of the 1896 ruling, separate but equal in this ca se demonstrate the shift in opinion in the highest court and giving blacks a sense of hope and reinforced momentum as it was their first victory for Civil Rights.One of the most main(prenominal) reasons, if not the most important reason for the growth of the civil rights movement in the 1950s and 1960s was the use of the media to raise certifiedness across the country for the ways blacks were being severely treated. Televisions, newspapers, newspaper photographers all became vital weapons in the Civil Rights Movement. After the brutal murder of Emmett Till in 1955 his mother decided to lay Emmett in an easy coffin to allow the public and newspaper photographers to see the severity and brutality of the attacks carried out on Emmett.Over intravenous feeding days thousands of people saw Emmetts body and thousands more were shocked by the images appearing in magazines and newspapers cosmopolitan. Emmetts case had a great effect on the civil rights movement the north became aware o f the horror of discrimination and persecution existing in the south through the use of the media. This case drew capacious attention to the cause, encouraging support from both black and white Americans. Therefore the media played a key role in the growth of the Civil Rights Movement as it raised awareness of the problems blacks confront in the 1950s and 1960s.In conclusion the growth of the CRM was due to many different contributing factors, however I believe the media played the, most significant role. This was due to the great awareness it caused for blacks as it helped northern Americans and transnational countries realise the brutality of treatment of blacks in the south. The media also managed to pressurise the government and presidents into making decisions as it brought worldwide attention to causes such as the little rock nine and the freedom rides that embarrassed them into action for the involvement of ruining the prestige and reputation of themselves and of the count ry.The changing attitudes of the president and the supreme court also played a part in the growth of the movement as they gave blacks significant progress to work on and strain on. Grass Roots activism also contributed as it built small success as a weapons platform which gained belief and momentum in the movement. The variety of leaders also magnified support from all different types of black Americans which also contributed to the growth of the civil rights movement in 1950s and 1960s. By Gavin Rittoo

Educational ideas of Aurobindo Essay

Sri Aurobindo developed an education system which is popularly cognise as integral education. Integral Education aims at bringing about change not only if in the society but primarily in the human behaviour or nature itself. concord to him, the essence of education is the recognition of a child as a soul and developing its other(a) faculties. He is of the view that the education must begin with as well as build on sound theoretical understanding of the child. Aurobindos idea of education is holistic in that all the five-spot aspects of childs activities namely the physical, the vital, the mental, the psychic and the spiritual are included in his proposed curriculum of a child. Spiritual values are also emphasized by him through integration of mind and personate through practice of yoga and physical exercises.. Sri Aurobindo has enunciated three principles of teaching in his book A system of national Education. His principles of teaching are 1. Nothing can be taught, 2. Self-pa ce learning, and 3. Teaching from near to far or known to unknown. According to Sri Aurobindo, the child should be led from near to far. That is all education should be construct upon the day-to-day experience of the learners. On the role of a instructor he is of the view that a teacher is a true Yogi who acts as a philosopher and guide to the students. He nourishes the students as plants.According to Sri Aurobindo the duty of the teacher, is to nominate and not to impose. He does not actually train the pupils mind he only shows how to perfect his instrument of knowledge and helps & encourages him in the process. He does not call for knowledge that is written. He only shows the student where it lies and how it can be habituated to rise to the surface. He therefore essentially subscribes to the idea of teachers as facilitators. There is no doubt on the relevance of Aurobindos ideas of education to the present scenario of education in our country. The principles of education reform articulated by Sri Aurobindo 100 years ago in his essays on A System of National Education have culminated in the methodology formulated by the National Council of educational Research and Training, adopted by the Central Board of Secondary Education (CBSE), and now being implement nationally, known as the National Curriculum Framework (NCF 2005).The NCF document provides the framework for making syllabi, textbooks and teaching practices inside the school education programs in India. This document and the principles of education that it expounds embody the most progressive, child-centerededucational ideas and strategies practiced right away in many schools of the world, and illustrate the pervasive nature of the insights expressed by Sri Aurobindo a century ago. Their seminal ideas have become the norms of progressive education reform. For instance, Aurobindos ideas of child-centered pedagogy and teachers role of a facilitator are being advocated by the current educational refor ms like NCF.

Indigenous Health Essay

?This is the welf ar generation, and that is incredibly sad. That will be judged in record as being far worse I suppose, than the stolen generation, because we be literally losing thousands and thousands of our natural brothers and sisters to the effect of welf atomic number 18- drugs, gunja, junior-grade morale, alcoholism. I see it alwaysy day and it can stop. The solution is education, training and a guaranteed fortune. Andrew Forrest Andrew Forrest suggests that aboriginal Australians are worse off now than in the past. To what tip do you agree that the cardinal Civil Rights faecal matter essentially fai take?Legal rights- ref Wik Mabo Land rights Equal wold ages Publicity- to be noticed Reactions from politicians Freedom rides troubling speeches Measures of equality Health + literacy stats Life expectancy Social attitude Racism- Adam goods in football affection The 20th century has born witness to the ever changing landsc anthropoid of the treatment of the Australi an indigenous community. Throughout this period it has been stated that the Civil Rights faecal matters initial goals of total equality for indigenous and non-indigenous Australians has failed to nigh arrive atment and has not fulfilled what it has initially intended to do.These statements can be seen as partially incorrect as the Civil Rights movement had some mastery in highlighting the plight of the indigenous Australian and generating some sort of action in native issues and affairs. However, it is true that in some respects various factors of the Aboriginal Civil Rights movement have primarily succeeded, through advancement and legal rights. One fundamental success of the Civil rights movement in Australia was its ability to publicise the issues, and draw attention to the plight of the Australian indigenous population.The civil rights activists were able to use the media to voice their opinion this was of great significance because this inevitably meant that there was a wide range of support for the movement from the non-indigenous society. For example the 1965 Freedom ride demonstrated to what lengths people were willing to take to expose the level of discrimination against indigenous people was a success. Led by Charlie Perkins, students traveled through western, northern and coastal New South Wales. The students who participated were for the most part non-aboriginal and had been involved in organized protests in Sydney.The tour started as a fact-finding mission but eventually ended as a protest against segregation across Australia. The Ride was to highlight examples of segregation including public pools, picture theatres and pubs, where Aboriginal people were declined entry. Perkins and the students helps to bring the ingrained discrimination and racism in NSW towns to the attention of the wider Australian public, and was part of a broader push for Aboriginal Civil Rights taking place across the county. Another success through publicity was th e formal apology from former Prime Minister Kevin Rudd.He apologised to Indigenous Australians for poor or unwise treatment from the time of the European settlement through to recent years. Another example of a palmy movement, through a public awareness campaign enabled a referendum to change the constitution which enables indigenous Australians to be recognised in the census. In 1967 the Holt government had rejected the land rights to the Gurindji people at Wave Hill. Recognising that there were inequalities to address, however Holt called a referendum to count Aborigines in the Australian census that same year.The referendum was most successful ever passed, with over 90 per cent of Australians agreeing to the application. The Mabo case in 1992 was one of the most significant moments in transaction between indigenous and non-indiginious Australians and enabled the High Court of Australia to deliver its landmark Mabo decision, which rewrote the Australian common law and gave a ma ssive boost to the struggle for the recognition of aboriginal rights. Eddie Mabo led the Meriam people and took action to the high accost to overturn the doctrine of terra nullius.However if the original protagonists of civil rights here in Australia were alive I believe that they would believe that their dream has been deferred . This is because the original goals of the Civil Rights Movement failed because they did not achieve their initial objectives. Andrew Forrest states that Aboriginal are worse off than in the past. Australian Bureau of Statistics figures show that Indigenous Australians accounted for around 25% of Australias prison population in 2009.The age-standardised imprisonment rate for Indigenous people was 1,891 people over 100,000 of bragging(a) population, while only 136 for non-Indigenous Australians which meant the imprisonment rate for Aborigines was 14 times higher than that of a non-indigenous person. Data showed that from 1989-200, 15. 7 per cent of homici de offenders and 15. 1 per cent of homicide victims were Indigenous. There is also a great variance in comparing Aboriginal emotional state expectancy to a non-Indigenous person. Aboriginal people are expected to die more than 10 years earlier than non-Aboriginal Australians.The life expectancy is so low because Aboriginal health standards in Australia are so depraved that 45% of Aboriginal men and 34% of women die before the age of 45. 71% die before they reach the age of 65. Literacy rates among Aboriginal students are lowest in remote communities reasons include low literacy of parents and poor school attendance. 30 per cent of Aboriginal adults lack basic literacy skills. Conversely racism in Australia is perceived as immoral and degraded, it is classified as intolerable. The Adam Goodes happening which included a 13 year old girl calling the Indigenous footballer an ape sparked opprobrium from all quarters.The effect of these remarks is simply to highlight how deeply racis m runs through our community. There is no way of avoiding the conclusion that within us all there is a racist streak. Australia has come a broad way in addressing racism in society, but the job is still a long way from being complete. The cumulative low literacy standards, increasing criminal statistics, the year gap in life expectancy as well as racism still exists are far more Copernican measures of failures to the Civil rights movement. In this context, Forrest states about the state of contemporary aboriginal Australia is somewhat significant has some merit.Andrew Forrest suggests that Aboriginals are more beneficial to be living in the past rather than the present. His statement to some extent has merit however there have been many successful events in the Aboriginal Civil Rights Movement that speak otherwise. Actions that have received accomplishment are firstly, publicising the discrimination and inequality toward non-Indigenous people. The significance of awareness led to a referendum to change the constitution, which allowed Aborigines to be recognised in the census.Political and legal change was substantial as demonstrated by the recognition of indigenous land rights. However these successes do not essentially achieve the aims of the Civil Rights Movement, and that the life expectancy, literacy gap as well as criminal records are more grand measures of the failures of activism than the rather less perceptible gains by politicians. Forrests solution is an accurate approach to the problem, with education, training and guaranteed opportunity Australia can change the living habits of the Aboriginal people.

Lord of the Flies: Savagery vs Civilization Essay

An innocent pig in a jungle nibbles on grass in the early morning. The pig squeals whilst his head snapped off with a male child as its suppressure image it would ever witness. He who makes a beast of himself gets rid of the pain of being a bit is a quote which widely relates to the novel, Lord of the flies, and creates a comparison of how its like to be civil and savage. The characters in the fiction represent the difference between being a beast and being educate by showing responsibility, coming of age, and rationalism.First of all, responsibility plays a grand role in this story for responsibility resembles a man of civilization and leadership. Being a civilized government is no well-heeled task in comparison to being a savage. Ralph tried to form a government with his conviction to the conch and portrayed responsibility through his willingness to keep everyone together. In the beginning of the novel, Ralph was the boy who maintained order. He does so by using the conch as power to create assemblies and positively mannered conversations. He is a boy who decides from right or wrong and acts upon situations.For example, the littluns could not live on their own and could not feed or protect each other. The littluns soon became sc atomic number 18d of the rumour about a beast. With this knowledge, Ralph creates shelters for the littluns to hide. This created a horse sense of safety and protection. In addition, Ralph demonstrates how he finish problem solve as a leader. knee bend comes into the impression and takes care of the boys when he fulfills his duty as a leader and decides to tend for food. Food is a huge priority because the boys were only left to eat fruits from the island which caused diarrhea. With dickhead acting like a leader, he decides to hunt animals for food. In short, being a civilized being is no unaffixed task.Secondly, characters in the novel are carefree and free to do what they please. Ralph and the others became the adu lts and went through the difficult of babysitting everyone to be deliverd whilst the rest took the easy path and went to have fun. The boys progressed from being well-behaved, orderly children to blood thirsty hunters. The boys on the island excluding, Ralph, Piggy, and Simon, all did what they wanted to do.They legal opinion of the island as a place for joy and fun. They did what they wanted to regardless of the consequences. For example, the littluns all played in the piddle and the jungle while Ralph was creating shelters for everyone. Being a leader is not an easy task for not everyone can be expected to fulfill tasks. As mentioned previously, the littluns feared a beast or a monster which they public opinion had roamed the island. With this in mind, whoreson takes complete advantage and decides to use his power to calm the littluns, only if what really feared the littluns was damn himself.The littuns has developed their loss of innocence and have been drowned in fear and follows Jack as a leader. They blend in carefree and do whatever they want which applies to Jack as well. Jack finds clay ont he island and uses it as a way to cover his face. This is symbolic because the time Jack puts on the mask, he becomes a assorted person and takes on a different persona. As he put the mask on, he threw external his old self and emotions. He kills Simon and watches the death of Piggy with no shame or guilt trip. He has permanently changed himself. Therefore, being a savage and following your id is a simple task.Last but not least, the children in the novel showed rationalism and some were fully aware of the predicament they were caught in. As the novel progresses, the majority of the characters scattered there viewpoints and completely forgot about the rescue. While Ralph, Simon, and Piggy were working hard on being rescued, Jack became obsessed with the nonsense of hunting and gaining power. Jack chose to do what everyone else wanted to do, and that was to have fun. In the beginning of the novel, Ralph prioritized the rescue and wanted to maintain the fire for outsiders to possible see for rescue. Jack promised to keep the fire going with his hunters, but soon failed to do so when he retreated his group in order to hunt for a pig. He has lost the objectives that he should have achieved. As Piggy was represented as the weak and helpless, insofar smart and resourceful, he was the character who was most consumed by the conch.He wanted to maintain order and civilization. Jack also said to follow rules and later on became a hypocrite and backstabbed his own rules. While Jack spent all his time being fixated to hunting, Ralph worked extremely hard into creating shelters for the protection from fear and weather. Jack, on the other hand, has become the fear and uses it to control and kill or witness death of other characters without feeling guilt or negative emotions. Once again, Ralph, the leader, ends up working hard, experiencing the death of others, and sticking through until the very end of the novel. Whilst Jack, the power, ends up losing sanity as well as the rest of the children. Jack is the dictator and gains control of everyone on the island with the exception of Ralph and is followed because it is easier to be with Jack for he has food, fire, and shelters.In conclusion, being a man of civilization essential be responsible, have emotions/feelings, and be irrational. These people are bound by rules and what we call being humane. On the other hand, being a savage is far easier for they are able to do whatever their id desires and lives with no guilt by their side. Civilization requires a person to be responsible, be mature, recognize the things that are hap around them, and keep sight of goals. Savages are required to have fun, be free, have no goals or dedication, and have no morals. Perhaps in the future, everyone will become savages and take the easy road.

International Law Essay

International law refers to an agreement signed between nation-states binding them to conform to well structure principles and acceptable standards. It primarily concerns relations between nations on specific legal fields such as treaty, humanitarian and criminal laws rather than on issues of individual citizens. The formation of international law came about collect to view by legal activists that consented signing of defined principles by sovereign states could limit their power to interpose with other nations internal affairs.This led to the finding of the international criminal court in early twentieth century to safeguard states sovereignty and respect for human rights. The international law is based on the normal law, treaty law and other naturally acceptable cords of conducts. To enforce these laws, there exist more an(prenominal) international organizations. The United Nations has been charged with the duty to keep and maintain peace and security. This is because since i ts formation in 1945, its subscribe to has been adhered to by many nations and even the remaining few nations agree with the principles that form it.This makes UN the most influential iceman of international law. It works towards developing and maintaining friendly relations between states and overseeing the harmonious resolution of conflicts among states. To achieve this, the UN has many departments each charged with a particular function. The international criminal court is one of its mechanisms of dealing with interstate and humanitarian matters (http//www. ohchr. org/EN/ProfessionalInterest/Pages/InternationalLaw. spx).The establishment of UN general assembly was made to undertake study and recommend on ways of progressively developing and safeguarding the international law. To uphold human rights, methods like sending peace memory troops and initiating peace negotiations have been employed. Guaranteed human peace and harmonious inter-states existence is the best gift this i nitiation needs. This shows the importance of these enforcing bodies of the international law and there affiliates.

International Business Finance Issues in IBF Supplies Plc and Joe Research Paper

International transmission line Finance Issues in IBF Supplies Plc and Joe Company - Research Paper ExampleMultinational vs. domestic capital budgeting protrude consideration of additional factors 9 Characteristics of multinational companies (MNCs) affecting the toll of capital 10 Ram plc and pusher plc Benefits from economies of scale 10 Theory of Comparative Advantage as a motive for international craftiness Usefulness 11 Reference 13 1. IBF Supplies Plc Financial and non- monetary factors influencing the proposal of establishing subsidiaries in Eastern Europe, Africa as wholesome as Asia IBF Supplies Plc is one of the leading companies in the UK market in supplying office items to its clients. The company holds a competitive edge over its competitors as it supplies the office items at a competitive price and alike the time of delivery of IBF Supplies Plc is comparatively low. The management of the company has assessed that there would be a decrease in demand in the domestic markets in future for which the Director has envisaged the expansion of the company into foreign markets. IBF Supplies Plc ground there is an increasing demand for the supply of its products in the markets of Eastern Europe, Africa as well as Asia.The financial factors to be considered in the proposal of establishing foreign subsidiaries of IBF Supplies Plc in Eastern Europe, Africa as well as Asia includes sagacity of the economy of the respective local markets, the costs involved in the foreign investments which ranges from the cost of raising of capital, cost for working capital, financing costs, etc. The financial factors also include assessment of financial risks, benefits and disadvantages associated with the foreign investments of IBF Supplies Plc. The non-financial factors to be considered which influences the foreign investment proposal of IBF Supplies Plc are the social factors, political factors, technological factors and the legal factors of the foreign estate of the realm that has an impact on the business of IBF Supplies Plc.

Project management Assignment Example | Topics and Well Written Essays - 3750 words

Project attention - Assignment ExampleHowever, these kegs would be use in the eld to come. Currently the problem is that manufacturing kegs would require cost and the telephoner is non ready to constrain high investment and therefore it is evaluating whether it should manufacture kegs or not and if they should then in how much quantity. The management feels that so much cost would be tied up in kegs and they would altogether be able-bodied to use it for a month. If the company invests this amount then it can earn 10% interest income on the amount. Considerations for the management while making decision According to the accountant, cost of one keg is ?40 and if the company plans to have 8,000 kegs then a total of ?320,000 would be tied up in kegs unnecessarily. Therefore the probability cost of the company for making this investment is ?32,000 as the interest rate is 10%. There atomic number 18 three alternatives that the company currently has and these alternatives are 1. Th ey need to produce 8,000 kegs 2. They need to produce 4,000 kegs 3. They do not need more kegs These are the three alternatives that the company has currently however the management predicts that the exact of these products could amplification by the following rates There are 60% chances that the conduct would increase by at least 10% in August. There are 30% chances that the beseech would increase by at most 10% in August. ... ion and decisions that the company can make A close Mode If demand increases by 10% If demand does not increases by 10% If demand does not increase If demand increases by 10% If demand does not increases by 10% If demand does not increase If demand increases by 10% If demand does not increases by 10% If demand does not increase Decision The decision to order kegs would not only help Applegold to meet the increasing demands in August precisely at the same time it would impact the node merriment level as well as this decision would be helpful in increas ing the customer base. In addition to this, Applegold needs to see about the large term and by investing today in the kegs the company not only would be able to increase its sales for the current year but these kegs could be useful for the years to come. The current market share of Applegold in the cider is approximately 30% and this can be change magnitude which would be helpful for the company in the long run. This decision could also impact the customer satisfaction level and as when products are not available then customers can become dissatisfied and they cleverness switch to competitors product. And once a customer has switched it is difficult to regain him therefore mazed of one customer could decrease the revenues that the company might earn in the years to come. In addition to this, a lost customer might also take others with him and it could become a chain for the company and they might first-class honours degree losing customers. Therefore it is important that the c ompany makes an investment as it will be beneficial in the long run. The total revenue of the company was ?60 meg along with a pre-tax profit of ?6 million and with this investment the sales of the company would improve further and thus it would also improve the