Wednesday, December 25, 2019

The Fight Against Help with Essay

The Fight Against Help with Essay The New Angle On Help with Essay Just Released Excellent solution is to cover essay. With all these facts, customized essay writing companies now understand their customers are mindful of their expectations of a customized paper. An expert service is going to do an excellent aid for those students since they can assist them in editing the works. Many trustworthy writing services are eager to provide essay help. If you take essay assignment help online from us, you will find a tailor-made paper only for you that fulfills every one of your requirements. So far as the students are involved, writing a research paper is among the toughest and frustrating undertaking in their opinion. An effective essay demands an assortment of rhetorical methods to be applied. Writing quality essays is the principal purpose of our services. Part of the main reason for ordering a personalized essay paper is due to the teachers, and parents fault for putting an excessive amount of pressure on students. In this kind of situation, the chance of being cheated through an on-line essay writing content mill only increases the agony and frustration of overburdened students. Getting essay help it is now as easy as texting with friends. Getting essay help on the internet is an ideal reason to remain connected while doing your homework. The 5-Minute Rule for Help with Essay The standard of your essay will experien ce first and the caliber of your grades will suffer at the end. If you're limited financially, we can assist you. Then your helper will begin to compose an assignment for you. The 5-Minute Rule for Help with Essay The majority of the time students just revolve around the thoughts and argument whilst neglecting little yet important characteristics of the essay. Some students do not have to get essays written from scratch, but simply require an editor who will be in a position to produce all essential adjustments to a paper of 1500, 2000, or words to help it become perfect. Despite how sad it may sound, there aren't any absolutely free essay writers, as nobody is ready to do homework for someone at no cost. You'll get essay help online from a skilled writer. The best method to the very best essay is with WritePaperFor.Me. Our essay writing help recommends that you decide on a topic that you're most familiar with so that it is going to be less difficult for you to discover supporting facts. Things You Won't Like About Help with Essay and Things You Will Essay writing necessitates college students to continue being centered on for a minute. Students ought to have a great command over the language if they wish to remain the grade of their writing. Moreover, they are much more aware of their rights. They also learn in different ways so you need to adapt your tutorials to suit your student especially as their ages will determine how they prefer to learn. Thus, understanding of the way to compose an analytical essay is indispensable. Having read s ome helpful suggestions, you might even try to complete your essay on your own. Also, our online writers can help you with formatting your custom made paper. Choosing online essay writers isn't a nightmare anymore. The subject of your essay is essential. Essays might appear easy on the surface, but it is all dependent on the type of essay you were requested to write in addition to the topic you've been assigned. An essay is deemed free if it's possible to secure an access of it and utilize it for you own good. Essentially, it is completely organized. You might be strained financially and are thinking about how you would acquire totally free essays for your submission. It's imperative that you submit your essay in time. If you wish to purchase essays online, it would be helpful if you know what topic you are going to be writing about. Therefore, if you're also requested to write process analysis essay then you ought to go through the subsequent sample process essay outline on the subject of How to do market research that will certainly help you produce a very good process essays. The simple fact that we offer totally free essays for you should not cause you to doubt our services. In a situation like this, hiring different agencies for various essays isn't feasible. You are going to have the ideal service once you essay buy online from us. Our essay editing services are tailored around the should provide the very best value to our clients.

Tuesday, December 17, 2019

Should The Employer Escape Liability For Disability...

INTRODUCTION Consider the following example: after two suicide attempts, an employee with a known psychiatric disability was hospitalized. Eventually, the employee was allowed to return to work pending a medical examination from the employer’s chosen physician to determine whether the individual could safely perform the essential job functions. The employer’s physician concluded that the employee with a disability could not safely return to work because she posed a risk of a direct threat to herself. However, the employee’s treating physician concluded that she could safely perform the job without posing a risk of a direct threat. Despite these competing medical evaluations, the employer disregarded the employee’s medical evaluation and the individual. Should the employer escape liability for disability discrimination based on its irrational assumption and unfounded stereotype that an individual with a disability is dangerous? Since Congress enacted the Americans with Disabilities Act of 1990 (â€Å"ADA†), courts have lowered the bar for employers who seek to avoid an ADA violation through the direct threat defense. Often times, there are competing medical evaluations between the employer’s chosen health care professional and the employee’s treating physician in analyzing whether the employee poses a significant risk of harm to themself or others. Courts are highly deferential to an employers’ judgment in assessing the direct threat standard. Recently, courts haveShow MoreRelatedStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 Pagesappropriate page within text. Copyright  © 2013, 2011, 2009, 2007, 2005 by Pearson Education, Inc., publishing as Prentice Hall. All rights reserved. Manufactured in the United States of America. This publication is protected by Copyright, and permission should be obtained from the publisher prior to any prohibited reproduction, storage in a retrieval system, or transmission in any form or by any means, electronic, mechanical, photocopying, recording, or likewise. To obtain permission(s) to use material

Monday, December 9, 2019

American Speeches for Womens Right to Vote -myassignmenthelp

Question: Discuss about theAmerican Speeches for Womens Right to Vote. Answer: Susan B. Anthonys speech on womens right to vote The purpose of Ms. Anthonys speech was to champion for womens right to vote in United States of American. She claims that women were being denied the right to vote or participate in American elections by men yet the same was guaranteed under the National constitution of America as well as those of individual states. To support her claim she makes reference to the fact that when the government was being formed it needed the consent of everyone in US including women. That, the government was formed on the basis of equal rights to all men and women, citizens of America, without any bias or discrimination to any group of citizens or individual. (Linder, Douglas) She urges her audience to make reference to the constitution, by looking at the law logically (logos). She asserts that if the government was created through the consent of all the people how then can half of the population (Women) be alienated from voting, a process that puts in place a government? Ms. Anthony used Toulmin metho d of argumentation in her speech. (Worth, Richard) This is because she focused on strengthening her narrative on the law and justice to all and limiting her scope to the issue of womens right to vote. This is consistent with the Toulmin form or way of putting up an argument. She does not introduce new claims her speech other than what she begun with. (Linder, Douglas). References Linder, Douglas. "The Trial Of Susan B. Anthony For Illegal Voting."SSRN Electronic Journal, vol 1, no. 1, 2007, pp. 1-7.Elsevier BV, doi:10.2139/ssrn.1022997. Worth, Richard.Communication Skills. New York, Ferguson, 2009,.

Sunday, December 1, 2019

True Romance Essays (660 words) - English-language Films

True Romance Once again, Quentin Tarantino outdoes himself. The movie True Romance was excellent. It presented real issues that some people are forced to deal with in their lives. The title of the movie is misleading. You would think this was going to be a love story. Actually it is, but unlike any love story I've ever seen. It's filled with violence, action, blood, guts and gore. Like most other Tarantino movies it revolves around the violence we rarely see or experience in our lives. He also incorporates rugs and racism, hate and love and his usual corny way of portraying them. In Tarantino films, violence is presented in a totally different approach than movies like Rambo or Die Hard. Although you have the same amount of people dying, Tarantino seems to have this perverted and gruesome way of presenting it to his audiences. He always takes violence to the extreme. In the scene with the pimp he doesn't just shoot the pimp in the back or chest. He goes right for the gusto...his balls !!!! (OUCH) Another example of this is when Dennis Hopper was killed. We all knew what happened to him, but Tarantino makes sure he shows us the oozing bullet wound to his head. Some people think this is taking violence too far; however, acts of this nature happen in the real world every day. I guess this is his way of giving us a "reality check." Shit like this happens to people. We are so sheltered in our comfortable little worlds we don't even realize this kind of stuff goes on. Variety. Isn't it supposed to be the "spice of life?" Well, Tarantino gets so damn spicy it can m ake you sweat bullets. What is it about violence that is so attractive to the general public? There are so many people who would rather see a violent movie than a movie filled with romance or adventure. If you were to compare the revenues from box office earnings I'm almos positive the movies filled with blood and guts earn much more than other movies. (Disney is the only exception I can think of off the top of my head !!!) Naturally, if a person in the movie industry knows this will make them mega bucks , they will continue to make movies like this to make more money. Tarantino tends to slide in a little racism in his flicks. It's pretty obvious it's not the main topic, but it is apparent. Hopper was unique when he told the Sicilian guy his great, great, great, great grandmother had slept with a nigger and that's why he had dark skin and brown eyes. I think Hopper knew he was a goner and wanted to insult the hell out of the guy before he died !!!!! He was so casual about the whole thing. He just sat back smoking the dudes cigarette and blasting his family. There are so many people who say this kind of movie affects people in a negative way. They think it has an impact on criminal behavior. That's bullshit. I have seen violence in movies and on television and I haven't had the smallest inkling to go out and kill anyone or anything. I believe if a person has it in them to commit these kinds of acts they will do it regardless of what they see on T.V. or in the movies. Their moral upbringing or lack of one would be a bigger contributing factor than viewing a movie. Movies are made to entertain. The social issues they touch on are just that, issues. The controversy they create comes solely from the opinions of the viewers. Isn't that half the fun of watching a controversial movie? It gives our minds food for thought. It affords us the opportunity to discuss what we have seen with our friends. We can learn from listening to how other people perceive things. THAT is what makes a movie great !!!!

Tuesday, November 26, 2019

History of Crafting Islam

History of Crafting Islam First of all, it should be pointed out that Islam was founded by Muhammad. One is to keep in mind that Muhammad is considered to be a messenger, whom Allah provided with his last revelations. The final prophet stated that Allah established high ethical standards, which people are to follow. These standards involve generosity, just, truth and purity.Advertising We will write a custom essay sample on History of Crafting Islam specifically for you for only $16.05 $11/page Learn More Those, who refuse to live according to the principles, will be punished by the one true God. One of the messenger’s key aims was to rectify mistakes other prophets made while introducing their religious teachings. Muhammad’s major aim is to encompass all people and show them the ways, which lead to Paradise. Treating parents with respect, seeking knowledge, cleanliness, treating women with distinction, self-control, the richness of the soul, modesty and faith, compassi on are some of the key values Muhammad highlighted. Generally, the religious roots Muhammad used to craft Islam involve teachings of other religions, including Judaism, Christianity, and Zoroastrianism; although the key of the teaching is that the one true God is Allah. Koran is considered to be the God’s last revelation to people. The final prophet faced resistance when he started to preach Allah’s final revelations to the representatives of the Quraish tribe, â€Å"but in 622 CE the city of Yathrib (270 miles north of Mecca), invited Muhammad to take power as its governor, to preach to its people, and to mediate disputes between rival tribes† (â€Å"In the Wake of Rome:  the Islamic, Byzantine, and Carolingian Empires,† n. d.). Muhammad stated that the God’s will was to convert Arab tribes to the new faith. A base for military expansion was also given to the final prophet. Thus, Muhammad obtained religious and political success using â€Å"a c ombination of intimidation, politics, and charismatic preaching to convert other Arab tribes† (â€Å"In the Wake of Rome:  the Islamic, Byzantine, and Carolingian Empires,† n. d.). To convert non-Arabs to Islam, the power of the Koran and the oral traditions established by the final prophet were used. Non-Arabs were deeply impressed how the God’s last messenger solved numerous governmental contradictions and law problems. A political alliance with other communities allowed to convert non-Arabs to the new faith (Tahir-ul-Qadri, 2001). When Allah’s final prophet died, he left no instructions how to rule the Islamic Empire. However, within a century, his followers established a powerful empire. Abu-Bakar who was a well-known Meccan businessman and one of Muhammad’s followers expanded Islamic power.Advertising Looking for essay on religion theology? Let's see if we can help you! Get your first paper with 15% OFF Learn More He started war against those Arab tribes, which did not want to accept him as a ruler. A dynasty of Caliphs was established. Christians and Jews got an opportunity to live according to their own faith; although they had to accept Islam as a dominant faith and were obliged to pay taxes. Faith, spiritual perfection and practice are considered to be the most important variables Islam is based on. The three key things are associated with peace and mercy. Finally, it should be noted that Muhammad’s teaching must not be regarded as a religion. The most appropriate word, which can be used to explain the connotative meaning of Islam, is Deen; despite the fact that Deen is translated as a religion, the semantic meaning of the Arabic word differs from the meanings English dictionaries contain. One can probably conclude that Islam is not a religion; it is a mode of life. References In the Wake of Rome:  the Islamic, Byzantine, and Carolingian Empires. (n. d.). Bloomu.edu. Retrieved from http://facstaff.bloomu.edu/mhickey/to%201650%20lecture%208.htm Tahir-ul-Qadri, M. (2001). Islam and Politics. Mediamonitors.net. Retrieved from  https://www.mediamonitors.net/islam-and-politics/

Saturday, November 23, 2019

Shepard Fairey, the Controversial Street Artist

Shepard Fairey, the Controversial Street Artist Often described as a Street artist, Shepard Faireys name first began to appear in the news for wheat pasting (a method of adorning public spaces with the artists own posters by way of a water and wheat mixture- like a wallpaper paste), sticker tagging, and the numerous accompanying arrests that now comprise his official criminal record. Hes best known for his painting of Obama in 2008  titled Hope  and his poster from 1992 titled Obey, which inspired a clothing line of the same name. I think the Obey icon image finds a balance between goofy and creepy, humorous and monolithic. I consider the image the counter-culture Big Brother. Id like to think of it as a sign or symbol that people are watching Big Brother as well. Ive had people ranging from anarchists to the president of the National Reserve Bank embrace my work and I think the more diverse the audience is, the more potential for interesting dialogue there is.- Stepard  Fairey Early Life and Training Shepard Fairey was Frank Shepard Fairey born on February 15, 1970, in Charleston, South Carolina. The son of a physician, Shepard Fairey fell in love with making art at age 14. After graduating from the prestigious Idyllwild School of Music and the Arts in Idyllwild, California in 1988, he was accepted at the Rhode Island School of Design. (If youre not familiar with this fine institution, RISD is almost ridiculously hard to get into and enjoys a sterling reputation as a training ground for working artists.) Fairey graduated in 1992 with a B.F.A. in Illustration. From the Street to Art While attending RISD, Fairey had a part-time job in a Providence skateboarding shop. The marginalized, underground culture there (where styles are out as soon as theyre in) synthesized with that rarified art school culture and Faireys ongoing interests in punk music and stenciling his own punk music t-shirts. Everything meshed on the day a friend asked him how to create a stencil. Fairey demonstrated with a newspaper ad for a professional wrestling match featuring Andre the Giant which was the most banal image he could have grabbed. Tantalizing what if possibilities began to cross Faireys mind. It came to pass that Fairey, who had only recently become aware of Graffiti Art, took his Obey stencils and stickers to the streets. Andre the Giant famously gained a posse and Faireys name was launched. Controversy Around Faireys Work Fairey has often been accused of plagiarizing other artists work. In some cases, even casual examination of these claims shows almost verbatim copying with little transformation. While some of the older, political propaganda works are in the public domain, others are not. The real issue seems to be that Fairey copyrights these appropriations, enforces his copyrights and profits from them. There are a lot of different people who’s  [sic]  work I like that arent necessarily aesthetic influences, but conceptual- and there are some that are aesthetic. I’m inspired by John VanHammersfeld who did a lot of psychedelic poster graphics and one of my earliest Obey Giant graphics was my knock of his iconic Hendrix graphic. My work is very much a melting pot of a lot of different influences.- Stepard  Fairey Fairey also disappointed a segment of his fans by not remaining a cult figure and beginning to make money as an artist. Conversely, his messages calling for social and political change are sincere, he donates heavily to causes and he keeps a staff of assistant artists gainfully employed. Many parallels can be drawn between Faireys image sources and those of Andy Warhol, who is now celebrated in the art world. Only time will tell if Fairey attains Warholian status, but he gained a lasting place in history for the HOPE poster during Barack Obamas 2008 Presidential campaign. Sources Fairey, Shepard. E Pluribus Venom.Berkeley : Gingko Press, 2008. Fairey, Shepard. Obey: Supply Demand : The Art of Shepard Fairey.Berkeley : Gingko Press, 2006. MacPhee, Josh. Stencil Pirates.New York : Soft Skull Press, 2004. Shepard Fairey (biography at thegiant.org)Retrieved 27 January 2009

Thursday, November 21, 2019

Writing assingnment Research Paper Example | Topics and Well Written Essays - 500 words

Writing assingnment - Research Paper Example Utility maximization is a process or goal of obtaining the maximum utility from the consumption of goods and services on the basis of rational behaviour of human beings. The utility maximization is associated with the theory of decision making. Utility is an economic term which is defined as satisfaction received by individuals from the consumption of goods and services. â€Å"In 1957, Simon proposed the notion of Bounded Rationality as that property of an agent that behaves in a manner that is nearly optimal with respect to its goals as its resources will allow† (Bounded Rationality: A Response to Rational Analysis, n.d). A search refers to a psychological process related to instinct of a person which helps him to find solution for a problem. The searches can be of different types like search for job, search for home, and search for other aspects of professional and personal life of human. The decision outcome of an individual is affected by his search as the decision made depends on the search process. Decision making is considered as a major activity in any organization. Decision making is important in any activity of an organization as it helps to choose the best course of action in carrying out any task, helps to find solution to any problem or to solve conflict within an organization. If a needle to sew a jean is of 4 inch and is along with other 1000 needles of different size in a haystack, then it will take more time in seeking the needle. So a satisficer would stop looking as soon as a needle is found which can sew the jeans. Every individual satisfice in their life during those situations when time is limited. â€Å"Congressional budget decision-making in the U.S., where the usual questions considered about a given (existing) agency might typically range from whether to cut 4 or 5 percent from its budget to whether to tack on a 5 or 10% increase. Congress very seldom stops to think seriously

Tuesday, November 19, 2019

Agreement to Arbitrate Essay Example | Topics and Well Written Essays - 750 words

Agreement to Arbitrate - Essay Example From an ethical point of view, a patient should not be bound to a next-of-kin decision relating to an arbitration clause because the patient’s right for vindication under tort law is personal and cannot be made subject to representation or substitution. However, Supreme Court cases have ruled that the actions of a next-of-kin, acting as healthcare surrogate for the patient, are binding upon the latter in healthcare cases (Covenant Health Rehab of Picayune v Brown, 949 So.2d 732-41 [Miss. 2007]). Nonetheless, imposing an arbitration clause upon the patient in the case of medical malpractice would be clearly unconscionable as held in several cases, which means that the patient is within his rights to contest it even if a next-of-kin had agreed to it in a contract with the medical facility. 5-10 Questions of Ethics: Defamation (a) Lemen’s conduct as a whole constitutes defamation, nuisance, interference with business. Defamation is an exception to the First Amendment and i s committed when a party spreads falsehood about another to third parties and as of which the other suffers injury (Cohen 12). The First Amendment guarantees the freedom of expression and speech, but not when speech is a falsehood, made with malice, communicated to others and injures the subject. Such statements should not be protected at all because the right of a person to exercise whatever right he has is subject to the right of another, which means a person cannot use his right to destroy another. The Court must, therefore, rule in favor of the Balboa Island Village Inn, but it can only punish her for what she said in the past and not prospectively in the form of an injunction because this would constitute censorship of content-based speech which is prohibited as held in cases such as Sable Communication of California Inc v Federal Communications Commission 492 US 115 (1989) (cited Cohen 4). (b) Yes, Lemen behave unethically against Balboa Island Village, its owners and employee s, and its customers. Although she must have reasons for disliking the presence of the restaurant/bar in the neighborhood because it disturbs her peace, she took the wrong path in solving her problems. She should have gathered proof of her allegations against Balboa and its owners and looked for legitimate ways to elevate her complaints to proper authorities without deliberately infringing on the rights of the owner, the staff and the customers and worse, spreading lies against them. If the place constituted a nuisance in the neighborhood she could have brought a case against it in court. Instead, she behaved dishonorably and made herself a nuisance not only to the bar and its owners but even to customers whose privacy she had disturbed and violated.

Sunday, November 17, 2019

Goods That Must Be Provided by the Government Essay Example for Free

Goods That Must Be Provided by the Government Essay Public goods are good that have two special characteristics-non excludable and non-rivalable. Non-rivalable means that consume the goods of one person do not influence the consumption of others, of example traffic light, when a person use the traffic light, the quanlity of the light do not decrease, other can also use the goods under the same quanlity. Non-excludable means that every one can use the goods, nobody is exclude from using the goods, for example, national defences, no one is unprotectable when they are in the country. Merit goods are goods that are under provided because of lack of information. Individual do not appreciate the benefit that will occur, these goods should be provided in a greater quantity. For example, museums, education there are lots of benefit to consume them. People can gets more knoeledge there and this is not only benefit for themselves but also people around and the society, the suicides may decrease and people with eider knowledge entered in works will make the process efficiency. So it is clearly that public good are goods that is under provided but this does not means that it only provided by government. They can provided by the market mechanism but to make more available the government provides them, subsidizes them or leigislates to make consumption compulsory, and for public goods they suffer from the free rider problem, if asked whether they would pay for them, households would lie and say because once provided, they could benefit anyway. No one is willing to pay for the goods, they will not be provided in the free market. So government must provided them. Public goods must be provided by the government but merit goods not must be provided by the government. It can provided by free market mechanism.

Thursday, November 14, 2019

OConnors Everything That Rises Must Converge :: Everything That Rises Must Converge

O'Connor's Everything That Rises Must Converge "Everything That Rises Must Converge," in a sense sums up O'Connor's overall philosophy or theology: that is, that everything which rises above the petty concerns of earth, above materialism, must converge somewhere in an ideal realm, that is, Heaven. The story concerns Julian and his mother and a series of misunderstandings between them. We find that Julian's mother is overweight, rude to other people, particularly to Black people, and very judgmental. Julian in turn spends a lot of his time judging his mother. The story focuses on a bus trip that Julian and his mother are taking to the Y's reducing class, and what happens in the course of that trip. During the bus trip, Julian's mother openly sympathises with some other white women who don't like "Negroes" on the bus. When a Black man gets on the bus, Julian attempts to be friendly with him and in so doing sees himself as morally superior to his mother. We see here that Julian is being very judgmental. For instance, we find Julian entertaining these thoughts after the man has got off the bus: He imagined his mother lying desperately ill and his being able to secure only a Negro doctor for her. He toyed with that idea for a few minutes and then dropped it for a momentary vision of himself participating as a sympathiser in a sit-in demonstration. This was possible but he did not linger with it. Instead, he approached the ultimate horror. He brought home a beautiful suspiciously Negroid woman. Prepare yourself, he said. There is nothing you can do about it. This is the woman I have chosen. (15) It is just shortly after this fantasy that a very large Black woman and her little boy get on and Julian is somewhat delighted because the Negro woman is actually wearing the same hat as his mother, a hat that he has made fun of earlier in the story. Julian reacts as follows: His eyes widened. The vision of the two hats, identical, broke upon him with the radiance of a brilliant sunrise. His face was suddenly lit with joy. He could not believe that Fate had thrust upon his mother such a lesson. He gave a loud chuckle so she would look at him and see that he saw. She turned her eyes on him slowly. The blue in them seemed to have turned a bruised purple.

Tuesday, November 12, 2019

#15 Synthesis of Ethyl Salicylate from Salicylic Acid

#15 Synthesis of Ethyl Salicylate from Salicylic Acid ____________________________________________________________ _______________ Purpose: Salicylic acid is converted to the liquid ethyl salicylate by addition of ethanol. Yields of salicylic acid (week 1) and ethyl salicylate will be found, as well as the overall yield of the 2-step conversion of acetyl salicylic acid to ethyl salicylate. Introduction: Esters are formed from the reaction of acids and alcohols: O O || || R-C-OH + HO-R’ > R-C-OR’ + H2O cid alcohol ester water The pleasant smelling oil of ethyl salicylate is made by reacting salicylic acid (week 1) with excess ethanol. An acid catalyst is also needed. salicylic acid (SA) ethanol ethyl salicylate (ES) The overall yield is determined from multiplying yields of the two reactions: 1. ASA + HCl(aq) >SA and 2. SA + ethanol > ES + water Apparatus The reaction takes place by refluxing (gentle boiling) in a 100-mL round bottom flask. This time the ice-cooled conde nser is essential, otherwise the ethanol reactant (b. . 79? C) would evaporate before the reaction was over. Melting points of acetyl salicylic acid and salicylic acid (dried from week 1) are taken with MelTemp devices. If you have never used one your instructor will demonstrate. MelTemp C OH O OH H OC H2CH3 H + C OH O + OCH2CH3 + H2O2 Procedure Part A: Esterification of Salicylic Acid with Ethanol 1. Before starting remove a spatulaful (that will be < 0. 1 g) of SA (salicylic acid) and place in a labeled plastic vial to use for melting points. 2. In a 100 mL round bottom flask, mix at least 5 g dry salicylic acid (0. 43 mol) with 20 mL 100% ethanol. The salicylic acid should be weighed out to two decimal places and recorded on the data sheet. The alcohol is in excess. It can be poured from a graduated cylinder, and should not be scaled down. Note: Use more salicylic acid if you have more from the first week. You should have between 7 and 8 g. Adjust amount of ethanol accordingly, s ay to 30 mL. 3. Add approximately 1/2 gram of boric acid catalyst that we use as a substitute for concentrated sulfuric acid in this particular esterification. 4. Place entire assembly on a hot plate and heat until the alcohol is boiling. A setting of around 3 on the hot plate can be tried and then adjusted up or down as needed. You may need to add more ice. Note: While the refluxing is taking place, you can work on Part B, in which the materials you have already made are characterized by taking their melting points. 5. Reflux for a minimum of 1 hour and 30 minutes or longer as time allows. Cool until the flask is no longer hot, then in an ice bath, until the mixture is at room temperature. Transfer to a clean separatory funnel. 6. Add 10 mL 2M NaOH(aq) . The mixture turns milky as approximately 2-3 mL of ester appears at once as an insoluble bottom layer. Ethyl salicylate is an oily liquid with a density of 1. 1 g/mL. Wait a few minutes until the cloudy emulsion begins to clear up. You can estimate the yield by marking the funnel and measuring an equal volume of water. Record this. You will probably get about 1/2 mL for every 1 gram of salicylic acid. 7. You should be able to recover about 1. 5 mL of the ester oil by separating the layers using a separatory funnel. Allow the bottom layer to pour into a vial. This layer contains mostly ethyl salicylate and should have a very pleasant odor, something like wintergreen. It will also include a little NaOH solution and thus will not be clear and sparkling. If you have enough liquid you can attempt the next step. 8. Dry by mixing with a small amount of anhydrous magnesium sulfate. See your instructor to get help with this. Pour off the clear ethyl salicylate. 3 Part B: Melting Points 1. Measure melting points of the dry acetyl salicylic acid and the salicylic acid using the small samples reserved for this purpose. Record on data sheet and compare with literature values. Part C: Yields 1. The 50 aspirin tablets contained 16. 25 g ASA. To estimate yields in your next 2 reactions, assume the wet ASA you used contained 12 g ASA. Then from the mass of dry salicylic acid obtained find the yield of salicylic acid. 2. Convert the volume of ethyl salycilate to grams using the density, 1. 1 g/mL. Record. Estimate yield of ethyl salicylate from salicylic acid and record, retaining just 2 significant figures. 3. Find the overall yield of the two-step process: Step 1: Acetyl salicylic acid (ASA) to salicylic acid (SA) Step 2: Salicylic acid (SA) to ethyl salicylate (ES)4 Data and Results (yield of ethyl salicylate) Name(s) ____________________________________________________________ ____ Part B: Melting Points Compound Measured Melting Point (? C) Literature Value (? C) Acetyl Salicylic Acid 134 – 135 Salicylic Acid 158 – 160 Yields: Assuming ASA (from extraction of 50 aspirin tablets) = 12 g SA (from hydrolysis of ASA) ______ g Reactant SA esterified: ______ (usually most of the amount above) Approximate volume of ethyl salicylate: _______ mL (density ES = 1. 1 g/mL) Mass ethyl salicylate ________g Maximum g SA: Maximum g ES: Enter amounts where indicated in the table below and find the yields. Reaction Reactant > Product Mass Reactant (g) Mass Product (g) Maximum Mass Product (g) Actual Yield % ( 2 sig. figures) ASA > SA 12 g ASA* g SA g SA SA > ES g SA g ES g ES *Assuming 75% extraction yeild. Overall Yield for 2 steps (product of 2 yields above) : Questions: 1. Recalculate the overall yield for a three-step process including the 75% extraction. 2. The synthesis of a new drug may require as many as 30 steps, some of which produce much less than 90% yields. Comment on this (without doing any calculations). ____________________________________________________________ _______________5 Instructor’s Guide Ethyl Salicylate Part B: Melting Points Compound Measured Melting Point (? C) Literature Value (? C) Acetyl Salicylic Acid 134 134 – 135 Salicylic Acid 159 158 – 160 Yields: Assuming ASA (from extraction of 50 aspirin tablets) = 12 g SA (from hydrolysis of ASA) 7. 3 g Reactant SA esterified: 7. 0 g (usually most of the amount above) Approximate volume of ethyl salicylate: 3. 0 mL (density ES = 1. 1 g/mL) Mass ethyl salicylate 3. 3 g Maximum g SA: 10 g ASA x 1 mol ASA x 1 mol SA x 138 g SA = 9. 2 g SA 180 g ASA 1 mol ASA 1 mol SA Maximum g ES: 7. g SA x 1 mol SA x 1 mol ES x 166 g ES = 8. 4 g ES 138 g SA 1 mol SA 1 mol ES Enter amounts where indicated in the table below and find the yields. Reaction Reactant > Product Mass Reactant (g) Mass Product (g) Maximum Mass Product (g) Actual Yield % ( 2 sig. figures) ASA > SA 12 g ASA* 9. 2 g SA 7. 3 g SA 79% SA > ES 7. 0 g SA 8. 4 g ES 3. 3 g ES 39% *Assuming 75% extraction yeild. Overall Yield for 2 steps (product of 2 yields above): 0. 79 x 0. 39 x 100 = 31% Questions: 1. Recalculate the overall yield for a three-step process including the 75% extraction. 2. The synthesis of a new drug may require as many as 30 steps, some of which produce much less than 90% yields. Comment on this (without doing any calculations). ____________________________________________________________ _______________ 1. Overall yield = 0. 75 x 0. 79 x 0. 39 x 100 = 23% 2. The yield would be very very small, making this an expensive process. 6 Instructor’s Guide Ethyl Salicylate(cont'd) Time: maximum Equipment and Materials: per group Items Number Comment stir/hot plates 1 stir bars 1 00-mL round bottom flasks 1 Weighing papers 1 pack per class Ice 50-mL graduates 1 Top loading balance 2 per class With power supply MelTemps 2 per class thermometer 2 per class For Meltemp m. p. tubes (closed) 50 per class 250-mL beakers 1 for water heating bath Microscale glass clamp 1 (yellow) ice-cooled condensers 1 Ring stand 1 Ring stand clamp 1 separatory funnels 1 boric acid 5 g per class antifungal agent spoon spatulas 1 100% ethanol 1 L per class 2 M NaOH 50 mL magnesium sulfate 10 g per class Epsom salts Safety glasses 1 per student Rubber gloves 1 box per class7 Ideas/ Information We make ethyl rather than methyl salicylate, because methanol is toxic. Under Part A. 3. Note: This experiment was designed to be done using household chemicals. Although Science in Motion can provide concentrated sulfuric acid, we have decided that it is too dangerous to handle. Under Part C. 1. Note: Repeated extractions were done in our lab. They all gave about 75% yields and about 12 g dry ASA. 2M NaOH solution could be prepared by adding solid NaOH to a volumetric flask and then diluting with distilled water to the mark on the flask. Molarity mol/L g NaOH for 1 L solution g NaOH 500 mL solution 2 80 40

Sunday, November 10, 2019

Comapring Porters 5 Forces for the Airline Industry Essay

1. Score each competitive force in the airline industry and provide a brief rationale for your assessment. Â ·Rivalry Among Existing Firms: (High) When one major company in an industry makes a change in costs or services that could potentially increase their clientele, a major competitor almost always follows suit. Price matching is a prime example of that, therefore the threat is high. West Jet is one company that offers flights at a discount and forced Air Canada to create new banners to compete with the discounted prices. All major companies and firms in an industry watch each other’s every move very carefully, and match any move with a countermove. During slow season in the airline industry, a firm can only grow by taking some of another competitor’s market share and customers. When someone has to book a flight, they have to book a flight. Most people these days use the internet to book flights and compare services and prices from rival firms with relative ease. Accessibility and price are the key factors in driving rivalries. The deregulation of the Canadian airline industry in 1984 created a very intense rivalry between two of the biggest airline companies in Canada; namely, Canadian Airlines and Air Canada. Canadian Airlines built its strength in the industry by making a few key acquisitions of companies in Western Canada. Air Canada recently became a publicly traded corporate entity, building capital through public offering. When these two powerhouse companies created a difficult situation, such as the offering of less expensive options and discount flights, they both lost revenue and nearly crippled them financially. Â ·Relative Power of Other Stakeholders: (High) Other stakeholders such as governments have a relatively large amount of power over most national airlines in Canada, because they are partially owned by them. Taxes on flights out of Pearson International Airport are some of the highest in the world and these taxes are regulated by the government. Taxes, policies and regulations are some reasons why the government has power in this industry. They can limit the entry to the industry within the region by restricting access to important things, like raw materials and licensing requirements. In Canada the government has foreign ownership limits in almost all transportation services, and the government always has and always will regulate the airline industry. The Canadian government has used its power in the past by protecting local companies in the industry, such as Air Canada, from companies based in other countries attempting to acquire them. Other regional stakeholders, in particular those in the tourism industry, have some indirect power over the airlines by creating and perpetuating the demand for flights. An example of this is when a tourism organization advertises international destinations and attractions. Marketing initiatives of those organizations are meant to whet the appetite of the consumer, thus increasing the demand for flights to those destinations and, accordingly, the airline industry is then obliged to increase the supply for flights. Â ·Threat of Substitutes: (Medium) In almost every industry the threat of substitutes are apparent. Marketing and R & D are a huge part in minimizing a company’s threat of substitutes. The more the public sees, hears or reads about your company the better. The threat of substitution in the airline industry is inevitable. Substitute products have the potential of creating a strong competitive force when they enhance the value for the customers, especially in the airline industry. Also, substitutes improve the price-performances of each firm within the industry. When booking a flight to a destination close in proximity, people often compare their options. For example, the cost of a return flight to Newark, New Jersey from Toronto may exceed $ 1,500 per person; the same trip via automobile would cost less than $500 for all occupants of the vehicle combined; the trip by train would cost roughly $230; and, by bus the cost would be $125. Therefore, the threat of substitution is a significant factor in the airline industry. However, if a customer has to travel very quickly or a significant distance, that person would most likely choose the flight option instead of a cheaper alternative. Â ·Bargaining Power of Buyers/Distributors: (Medium) Bargaining power is a tricky one because it can work both ways. Buyers have a certain level of power in any industry. A buyer may switch suppliers very easily if there are no penalties and it is cost effective for them. If a large firm makes a large purchase of goods from another firm, it may be mutually beneficial and if serviced well, have the potential for repeat business. However, the buyer then has the power to use a substitute or competitor which would negatively affect the seller. Buyers are always the more powerful of the two because some buyers have the ability to put pressure on lower costs from suppliers, while demanding an increase of the quality of products or services provided to them. Also, the bargaining power in industries with high fixed costs like the airline industry can play a big factor. On the other hand, things like jet engines, tires and other key safety devices on aircrafts can cause severe consequences if this equipment malfunctions. For that reason, the buyer has a reduced amount of bargaining power with suppliers in this industry. The bargaining power of buyers is both high and low, so I ranked it medium. Â ·Bargaining Power of Suppliers: (Medium) Suppliers or sellers do not have a vast amount of power in the Canadian airline industry. Aircraft manufacturing is a highly specialized industry with a limited customer base. If a supplier raises costs or their quality decreases, they have the potential to lose a customer, which may be extremely difficult to replace that lost revenue in such a specialized industry. Compare the market for aircrafts with the market for automobiles: Aircrafts are unique and there are just over 18,000 commercial aircrafts traveling the skies; when the number of automobiles just breached the 1 billion mark a few years ago. Compared to the suppliers in the auto industry who have an increased amount of power, the suppliers in the airline industry don’t have nearly as much. Buyers have only a minimal amount of options in this industry, therefore sellers or suppliers can be more demanding in regards to their prices, scheduling and other key components of the industry. This force is both high and low a s well. Â ·Threat of New Entrants: (Low) The threat of new entrants is low because there is already a large amount of competition on a very big scale. Air Canada is a prime example of an airline company that offers flights and services on a globalized level, which would be hard to match without massive capital. A second reason I believe the threat is low is because of the high cost of breaking into this market, the airline industry is one of the most expensive industries to get into. For example, Boeing’s cheapest commercial aircraft is just less than $80 million costing upwards of $350 million. The aforementioned economic threats and entry barriers are far greater than most potential market entrants would want. The brand name factor is a big one here too, as a consumers selection process has much to do with brand recognition and pricing. Society gets comfortable and used to boarding certain airlines and receiving what they have to offer such as good customer service. The security, health and safety aspect of the industry are very difficult to observe and maintain, as those fields of the industry are subject to harsh regulations which can be tough for a new entrant in this industry to maintain and comply with. 2. Which of these forces are changing? How will this affect the overall level of competitive intensity in the airline industry in the future? Would you invest or look for a job in this industry? What do recent financial results of Canadian airlines indicate about the attractiveness of this industry? Industry evolution is a never ending process, especially in the airline industry. The power of other stakeholders will change in years to come because of the industry growth expected in the next decade and a half. The number of aircrafts is expected to double by the year 2025, which is great evidence that all forces will evolve and change with the business. With the expected growth in the Canadian airline industry all of these forces are due to change and as the industry grows, so does the threat of new entrants as more corporations and firms will see the success of the current ones in the industry and want to break into the industry. With enough capital and a great group or process of st rategic planning and environmental scanning the threat of new entrants grows. The rivalries will become more intense with the globalization of corporations. The high exit barriers will be a big factor for larger corporations as the smaller organizations will have extremely difficult decisions to make on whether or not to opt out of the industry. The threat of acquisitions and company takeovers will increase and larger firms with more capital will have an advantage here, while the smaller firms will stay small without achieving great levels of success through analyzing and strategic planning. Therefore, the competition and rivalry will increase immensely between both successful and less successful firms. The struggle for bargaining power between purchasers and suppliers in this industry will likely continue, with that power shifting back and forth due to various market conditions. Factors such as the cost and supply of fuel, the availability and quality of supplies, ever-changing government regulations and fluctuating consumer demand can cause variances in the flow of bargaining power. Other stakeholders such as unions, the government, creditors, shareholders and other key groups involved with the industry, can change and play a big factor in the near and extended future. Power of the government will increase exponentially, creating higher taxes, greater measures of safety, security and regulations, as the industry adapts and evolves. The level of intensity will grow rapidly and the rivalries will always be there, but they will be different with each rival. The competitiveness will intensify greatly in the future, because of the expected boom in the industry. More flights mean more aircrafts, employees, security and security measures, prices and innovative thinking. Some firms have been known to scout some of their future and current associates and team members, hence the rivalry among experienced employees in the industry. Another reason the intensity will grow, is because the internet is being used more, and more often by customers booking flights, future employe es seeking new positions and marketing techniques. The hyper competition of the industry will affect the intensity and moving forward, new strategic tools will need to be used to keep up. The key success factors such as, booking accessibility, diverse classes of service offerings and aircraft type and seating space, will create loyalty and repeat customers. This will intensify the industry as it expands in the future in a very positive way. Also, successful financial management of each corporation may enable airlines to increase their influence and power. The high fixed costs of the industry, force corporations to offer cheaper standby fares when a flight has not reached its capacity. The flight still needs to get to its destination, so cheaper flights are offered just to fill the seats in this case. This will always create an intense rivalry. I would invest in this industry because I believe the overall growth of airlines and aircrafts in Canada and globally will be tremendous. A company like Bombardier would be a great one to invest in. They have been expanding rapidly by acquiring top firms and companies in the industry with the goal of being the market leaders in all aspects. There are 18,000 commercial aircrafts traveling the skies and that number should double within the next 12 years. In addition with the price of purchasing aircrafts rising and the need for them in the near future, moreover, companies outside of Canada in the aircraft manufacturing industry such as Boeing and Air Ambulance would be successful ones to invest in. With the projected heights of the industry, it would be an intelligent idea to invest in what the general public rated the top airline company in North America, Air Canada, because, the larger they become the greater their revenues increase. Air Canada is involved in all transportation categories of the industry, such as internationally, nationally, regionally and the transportation of cargo for other corporations. As the global population increases at an extremely intense rate, additional customers will be using their services and in turn expanding a business’s potential. The more firms in the airline industry grow, the more flights and services will be offered. This means better rates because of the increase in airports, flight times and options, accessibility and many other aspects. WestJet is currently looking at purchasing 40 new aircrafts, with the top two competitors being Italian based company ATR Aircrafts and Bombardier. Bombardier will be leaning heavily on the fact that they are a Canadian based manufacturer with the hope of winning this extremely lucrative and positive contract. Economically, this may have a large affirmative influence on the Canadian industry, another key factor in why I would invest in the Canadian airline industry. After reviewing the financial results of some airline companies in Canada, I found that the net earnings have been rising for the past 2-5 years on a consistent and large scale. The revenue and available seat miles (ASM), are increasing quite rapidly, however, the costs of aircrafts, other specialized equipment and fuel are increasing almost as rapidly. A statement made by Gregg Saretsky, President and CEO of WestJet, contained in the company’s recent financial statements outlined that profitable growth continues as they expand their reach. I interpret this as a very positive message from an important stakeholder in the Canadian industry. It means that as the company expands more and more, so do the profits, brand name and other large factors in any successful business in the second largest country in the world. This is a very attractive industry to get involved with because of the growth potential. Expert analyst and great strategist have predicted the airline industry to be one of the top grossing and earning industries in the world. There are over 230 different airline companies in Canada with less than ten dominating forces in the industry. The larger the company, the larger the profit, so the attractiveness is more appealing with larger companies or firms. Porter Airlines is a small company that launched in 2006, however, the first year they recorded financial gain was 2011. This company has been steadily expanding since they set to the air. The founders of Porter airlines spent five years building their business plan. With the precise and meticulous environmental scanning and strategic planning, they have grown their company in a great way, with greater expectations in the future. The most unattractive aspect of this industry is the cost of fuel and according to the Air Transportation Association (ATA) is an airline’s second largest expense. According to the financial report of Air Canada, they spent $723 million on fuel in 2011, an increase of about 27% from the previous year. Right now, jet fuel consumption is exceeding 6 million barrels daily and with that number increasing in the future, demands will increase even more then they are now, driving the cost of this essential commodity in the industry. Air Canada’s operating income in 2011 was more than $50 million down from the year prior. They reported a decrease in net loss of just less than $250 million. The cause of their loss was from foreign exchange and internal investigation. Another unattractive aspect is that globally, the level of carbon dioxide and other emissions is expected to rise 50% by the year 2050. Aircrafts emissions contribute to climate change three times as fast as they do from cars, which is extremely harmful to the environment. Most companies in the industry are putting enormous focus on their environmental scanning, trying to find options to decrease and minimize this major factor. Overall, the financial results suggest that the Canadian airline industry will continue to grow on exponential levels in the future and will be extremely beneficial for the Canadian economy in many ways.

Thursday, November 7, 2019

The European Unification essays

The European Unification essays 500 years ago, the European age began. Portuguese seafarers swept Europe out of the medieval age, and boldly helped Europe to grow. During the European age, constant wars were fought among the many nations that made up Europe. By 1945, Europe had all but destroyed itself. With the end of the 20th century, Europe has been given a historic opportunity, a united Europe, it is a chance at new life, a miracle as some consider it. On January 1, 1999, champagne corks popped, fireworks lit up the skies, and the peoples in Europe were happy. What is important about this date? January 1, 1999 marked the launching of the new single currency for the European Union, the euro. Many see this as a giant step towards Europes long quest for unity. The Dutch newspaper De Telegraaf hailed the launch of the euro as the crown upon European unification. After many decades of dreams, diplomacy, and delays, European unity seemed closer than ever. However as you shall see, the European Union will not benefit Europe, rather it will serve as a detriment. In order to decide whether the EU will serve to benefit Europe, or hurt it, we need to consider the history behind Europe. In 1993, the European Union was started. Across all of Europe it was hailed as a new opportunity for peace, something that could not be rejected. The EU began with five countries, who signed a pact to unite and grow stronger. Now, in the year 2000, the European Union has grown to some 15 member countries, joined together for a common cause: Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, Spain, Sweden, and the United Kingdom. These countries have at great expense, decided to make the change from individual countries, to a united group of people. The rules and requirements are strict, or else many more countries would have already joined. As it is, there are many countries waiting in the wings, waiting t...

Tuesday, November 5, 2019

University of Wisconsin-Eau Claire Admissions

University of Wisconsin-Eau Claire Admissions Are you interested in attending the University of Wisconsin-Eau Claire? They accept 78Â  percent of all applicants. See more about their admissions requirements. The University of Wisconsin in Eau Claire is a public university and member of the eleven comprehensive universities in the University of Wisconsin System. The city of Eau Claire is located in Western Wisconsin about an hour and a half from the Minneapolis/St. Paul metro region. The attractive 333-acre campus sits on the Chippewa River, and the region is well-known for its natural beauty. Undergraduates can choose from about 80 degree programs with nursing and business being two of the most popular majors. Academics are supported by a 22 to 1 student/faculty ratio and an average class size of 27. Student life is extremely active with over 250 student organizations including several fraternities and sororities. On the athletic front, the UW-Eau Claire Blugolds compete in the NCAA Division III Wisconsin Intercollegiate Athletic Conference (WIAC). The university fields ten mens and twelve womens intercollegiate sports. Will you get in? Calculate your chances of getting in with this free tool from Cappex. Admissions Data (2016) University of Wisconsin-Eau Claire Acceptance Rate: 78Â  percentTest Scores: 25th / 75th PercentileACT Composite: 22 / 26ACT English: 21 / 26ACT Math: 21 / 26ACT Writing: - / -What these ACT numbers meanCompare ACT scores for Wisconsin collegesCompare SAT scores for Wisconsin colleges Enrollment (2016) Total Enrollment: 10,747Â  (10,085 undergraduates)Gender Breakdown: 38Â  percent Male / 62 percent Female93Â  percent Full-time Costs (2016-17) Tuition and Fees: $8,812 (in-state); $16,385 (out-of-state)Books: $400Room and Board: $6,984Other Expenses: $3,704Total Cost: $19,900 (in-state); $27,473 (out-of-state) University of Wisconsin-Eau Claire Financial Aid (2015-16) Percentage of New Students Receiving Aid: 82Â  percentPercentage of New Students Receiving Types of AidGrants: 59Â  percentLoans: 61 percentAverage Amount of AidGrants: $3,406Loans: $7,296 Academic Programs Most Popular Majors: Accounting, Biology, Business Administration, Elementary Education, English, Finance, Kinesiology, Marketing, Mass Communication, Nursing, PsychologyWhat major is right for you? Sign up to take the free My Careers and Majors Quiz at Cappex. Retention and Graduation Rates First Year Student Retention (full-time students): 84Â  percent4-Year Graduation Rate: 30Â  percent6-Year Graduation Rate: 68Â  percent Intercollegiate Athletic Programs Mens Sports: Football, Tennis, Track and Field, Wrestling, Cross Country, Swimming, Ice Hockey, Golf, BasketballWomens Sports: Soccer, Softball, Tennis, Track and Field, Cross Country, Ice Hockey, Gymnastics, Swimming, Basketball, Golf Explore Other Wisconsin Colleges and Universities Beloit | Carroll | Lawrence | Marquette | MSOE | Northland | Ripon | St. Norbert | UW-Green Bay | UW-La Crosse | UW-Madison | UW-Milwaukee | UW-Oshkosh | UW-Parkside | UW-Platteville | UW-River Falls | UW-Stevens Point | UW-Stout | UW-Superior | UW-Whitewater | Wisconsin Lutheran If You Like UW - Eau Claire, You May Also Like These Schools University of Minnesota - Duluth: Profile | GPA-SAT-ACT GraphMinnesota State University - Mankato: ProfileWinona State University: ProfileNorthern Michigan University: ProfileUniversity of Minnesota - Twin Cities: Profile | GPA-SAT-ACT GraphUniversity of Iowa: Profile | GPA-SAT-ACT Graph University of Wisconsin-Eau Claire Mission Statement mission statement from uwec.edu/acadaff/policies/mission.htm We foster in one another creativity, critical insight, empathy, and intellectual courage, the hallmarks of a transformative liberal education and the foundation for active citizenship and lifelong inquiry. Data Source: National Center for Educational Statistics

Sunday, November 3, 2019

Computers. Who invented the computer How did early computers work What Research Paper

Computers. Who invented the computer How did early computers work What were their limitations How would they compare with computers today - Research Paper Example As we celebrate the various advantages of computers in our lives, it is important to make a stop and have a look at the historical evolution of computers. The exact beginning of computer development is highly argued, but many people argue that Babbage was one of the earliest inventors. Other scientists such as James Thomson, Stanley Fifer,  Turing, John Atanasoff, Colossus, F.C. Williams, and Tom Kilburn made stepwise contribution to the evolution of the computer. The early computers were large, cumbersome, slow, and had limited memory and computation power. The evolution of technology in information and computing has, however, changed this situation, making the modern computers more efficient, portable, less bulky, and less expensive. This paper will seek to establish the inventors of early computers, the working of early computers, the limitations of the early computers, and draw a clear comparison between the early and modern computers. The early computers had various applicatio ns. ... It was applicable in war machines. On the other hand, the differential analyzer by Vannevar became the first large-scale automatic general-purpose mechanical analog computer. The differential analyzer was a semi-automatic machine that was typically a program controlled. The digital machine by Turing had unlimited memory and a memory reader that read and wrote, under the management of a special program, to different memory locations (Copeland web). The Atanasoff Berry Computer (ABC) used to solve linear and algebraic equations using over 3000 vacuum tubes that increased the working speed of the ABC computers. However, in all cases, there was a need for more advanced software program to enhance the efficiency of computer operations (Raul 2-8). It is highly argued that Charles Babbage is the father of early computers, having proposed the Difference Engine in the 1820s. The Difference Engine was a special-purpose digital computing machine for the automatic production of mathematical tabl es. It consisted of only mechanical components like rods, pinions, and brass gear wheels. Indeed, in 1990, using the Babbage's designs, Babbage's Difference Engine No. 2 was built and displayed at the London Science Museum. In addition, Babbage proposed the Analytical Engine, which was to have been a general-purpose mechanical digital computer. The Analytical Engine was to have had a memory store and a central processing unit with an ability to select from among alternative actions consequent upon the outcome of its previous actions (Copeland web). Ideally, Charles Babbage’s contributions to computer technology were fundamental in computer evolution. Even though some scientists argue about this, they, however, appreciate his contribution. According to Copeland:

Thursday, October 31, 2019

Virtual Business Design Assignment Example | Topics and Well Written Essays - 1500 words

Virtual Business Design - Assignment Example Problem Definition Since the Eurozone debt crisis that affected Portugal since 2010, the pharmaceutical industry in general and Olive Pharmaceuticals have been experiencing reduced profitability. As a result, it has become difficult to stay within the annual operating budgets. As part of the 2011 IMF bailout package, the Portuguese government has instituted heavy reductions in public expenditure which includes the public health care system. Olive Pharmaceuticals has been affected because of the growing public debt of hospitals and the cuts in pharmaceutical expenditure by the government. In 2012, public hospitals owed â‚ ¬1.5 billion to international pharmaceutical companies. In 2013, the public pharmaceutical expenditure was further reduced by â‚ ¬333 million, which makes pharmaceutical expenditure just 1 percent of GDP (Feria, 2012). As a result, sales to state hospital pharmacies have declined by 10% over the past two years (Feria, 2012). At the same time, operational costs have not reduced proportionally because of increase in energy costs and imported raw materials. The business mission of Olive Pharmaceuticals is to provide high quality oncology pharmaceutical products at affordable prices to consumers through efficient operations and continuous research. This is achieved through goals of keeping operating costs low and maintaining supply chain efficiency. The situation has implications for planning and organizing decisions for Olive Pharmaceuticals as it influences the decision about investing in research or selling generic products. Secondly, the supply chain may have to be reorganized for greater operational efficiency. Situation Analysis Impact of the Situation on Planning Planning is defined as the management function related to the determination of organizational goals and objectives and identifying tasks and resources to achieve those goals (Hill and McShane, 2006). The goal of Olive Pharmaceuticals is to grow its market share and profitabili ty by investing in research and efficient operations. Planning is conducted at different levels such as strategic planning, tactical planning and operational planning. The present situation has implications for planning at all levels. Strategic planning is concerned with decisions about which products to produce and which markets to serve (Carpenter, Bauer, & Erdogan, 2009). In the current situation, where the government is reducing expenditure on pharmaceutical products, the sales of oncology products will become expensive due to high costs. Rationing will further reduce profits while keeping costs the same. On the other hand, sales of generic drugs will increase due to lower prices to the consumer. The planning decisions to be made in this situation include the selection of whether to continue investment in researching new products or market generic drugs to reduce costs and increase sales. This would require careful analysis of the organizational mission and goals. Tactical plann ing is concerned with decisions made at the divisional level. These goals and plans are developed with a view to help the achievement of strategic level goals and plans (Daft, 2013). The challenge of reducing operational costs can be achieved through effective planning at the tactical level with the divisional managers assuming responsibility for staying within the operating budgets for their divisions. Finally, operational level planning is also relevant in the current situ

Tuesday, October 29, 2019

PRICING STRATEGIES Case Study Example | Topics and Well Written Essays - 500 words

PRICING STRATEGIES - Case Study Example roximately $5, it means that the employer can save (8*5=40 each year, 40*5,000= $200,000 by all the 5,000 employees) $50,000 per year in case two of each prescription is inappropriate (200,000-50,000= 150,000). This strategy will help employers save money and also improve the outcomes of patients as the quality of prescriptions will get better. This sort of strategy helps to cut the costs by providing the patients with the medication they require and not the prescription drugs, which will help the organizations efficiently utilizing the prescription drugs. This strategy will be undertaken by the help of the pharmacy claims that will pinpoint the high costs specified by the sponsors, diseases such as high cholesterol, cardiac diseases and asthma must be treated and medicated with the specific medication that will help the employers to slash the cost. These pharmacy claims will then be used for the identification of different patients and the medication they require. This strategy will also help in providing awareness and education to medical doctors in helping them improve the behavior related to their prescriptions that will result in better health care outcomes, as it will help the patients live an improved life as their needless health care costs are cut down, and better treatments are provided to them in accordance with their diagnosis. The use of the first line agents is essential in this program so that the awareness is spread about the use of â€Å"first line drug therapy† and offering samples to the prescription providers. The easy accessibility should be made possible by placing the first line agents at the pharmacies, so that the users should come to know about these agents and they can utilize these instead of branded medicines that are too expensive. It will help cut the cost of pharmacy but also it provides with the potential improvements in quality of care. This program has been followed by several organizations, and it made them cut their costs by

Sunday, October 27, 2019

Pel Company History

Pel Company History Pak Elektron was setup in 1956 as a Public Limited Company with the object of initially producing transformers, switchgears, and electric motors. AEG experts and PEL personnel carried out the designing and production of this equipment jointly. After the conclusion of joint venture agreement with AEG Saigol Group acquired the PEL COMPANY in October 1978. The company floated its shares to the general public and was listed on Karachi Stock Exchange (KSE) and Lahore Stock Exchange (LSE). In 1980, Appliances Division was established and in 1981 its starts the production of Window Type Air Conditioners with the technical collaboration of General Corporation of Japan. This air conditioner was well received in the market for its quality. Subsequently in 1987 the production of Refrigerators and Deep Freezers was started. In 1993 the company has started the assembly of Compressors for Refrigerators and Deep Freezers under technical collaboration with Messrs. NECCHI COMPRESSORI of Italy. It was in early 70s that PEL became known in overseas markets due to its quality. The company started its export to countries like Saudi Arabia, Abu Dhabi, Qatar etc. Later on PEL supplied electrical equipments to various other countries in the Middle East, Far East and Africa with great success. 1.2 Vision To providing engineering goods and services through continuous improvement 1.3 Mission Statement To provide quality products services to the complete satisfaction of our customers and maximize returns for all stakeholders through optimal use of resources, To focus on personal development of our employees to meet future challenges, To promote good governance, corporate values and a safe working environment with a strong sense of social responsibility CHAPTER NO 2 BUSINESS OPERATIONS This chapter has been divided in five section, Section one described the product in which PEL deal. In second section business operation analysis are given. In section third SWOT analysis is given. In fourth section future strategy is given. In fifth section competitive analysis is given. 2.1 Organizational Structure 2.1 Division of PEL There are two division of PEL: Power Division Appliances Division This division is comprised for four departments. 2.1.1 Power Division The most powerful revenue generating business unit of PAK Elektron, produces Transformers, Switchgears and Energy Meters for the public sector such as KESC Karachi Electric Supply Corporation, LESCO and PESCO. They provide these three products: Production Transformers Production Switchgears Production Energy Meters During the year 2006, PEL retained its market leadership in the Power Equipment market, increasing its market share from 33% in 2005 to 36% in 2006 in the switchgear market and also maintained share of 35% in 2006 as well in the energy meters market. PELs leadership in the Power Equipment market is largely due to its strong Research and Development knowledge and high product quality. 2.1.1.1 Production Transformers PEL has vast experience in design and manufacturing of standard and special purpose transformers up to 33kV and up to 6000kVA ratings. PELs transformers have been successfully type tested for Impulse voltage and short circuit tests at KEMA, (Holland), HVSC Lab, Rawat (Pakistan), NIP (Pakistan) and UET (Pakistan). 2.1.1.2 Production Energy Meters Another successful and most powerful department of power division is its energy meter production department that manufactures Electro-mechanical Energy Meters under license from ABB-USA.The quality of PEL meters has been certified by KEMA Laboratories (Holland) and conforms to IEC 521, SGS Yarsley, and U.K, has certified PEL Energy Meter plant for ISO 9002. Following types of meters are manufactured: Electro mechanical Single phase Three phase_ Direct connected STATIC /DIGITAL Single Phase Three Phase Directed connected 2.1.1.3 Production Switchgears Switchgears are one of the highly technical and specialized power products of PEL. They are produced for indoor and outdoor installations complying with international installation standards. A major customer for this product is WAPDA. The Company provides one year after sales service warranty to WAPDA, KESC and other customers. In Switchgear, PEL enjoys market share of 33 % while competitors are Alstom, Siemens and Fico. 2.1.1.4 Power Transformers Owing to massive growth in power sector, demand for power transformers is also growing proportionately for all ratings from 66KV to500 KV. PEL has stepped into this activity by starting the manufacturing of 132 KV transformers, being the most demanded rating, and for these purposes has formed a strategies partnership by signing the two agreements. Based on the demand forecast of Power Transformers for WAPDA, KESC and other projects, PELs market share is initially targeted to be 20%, growing in five years. 2.1.2 Appliances Division The Appliances Division of PEL is the pioneer manufacturer of electrical goods in Pakistan. The Divisions product portfolio comprises of air-conditioners, refrigerators, televisions, microwave ovens, and split air-conditions. PEL is one of the three leading players in the home appliances market. The Company is engaged in the manufacturing and/or marketing of the following home appliances. The Companys Appliances Division contributed significantly to its sales in 2005-06. The main reasons for this growth are increase in market sizes along with PELs strong brand image accompanied with its extensive dealership network spread nationwide with over one thousand outlets and an after sales service network with over 100 workshops. Another major reason for the increasing growth in the home appliances market is the easy availability of consumer financing at lower interest rates. PEL itself is involved in selling its products through a marketing wing for sales against consumer financing. Availability of Chinese products at very competitive prices has not proven to be that big a threat to the local industry. This is because of the improved quality of the local products and cost efficiencies due to economies in product and raw material purchases hence making the local products competitive with the Chinese imports. In 2005-06, the Appliances Division contributed around 53%to the Companys sales whereas the Power Division made up the remaining 47%. Refrigerators and Split air conditioners were the main source of revenue in the Appliances Division, whereas transformers and energy meters are the main revenue drivers in the Power Division. The Appliance Division accounted for 44% of Net Sales during the year ended June 30th 2007. Refrigerators and Split air conditioners were the main source of revenue in the Appliances. The Company is engaged in the manufacturing and/or marketing of the following home appliances. Manufacturing Trading Refrigerators Microwave Ovens Air Conditioners (Split) Conditioners (Window) Deep Freezer Floor Standing ACs Generators Washing Machines 2.2 Business Process Analysis (Industrial Analysis) 2.2.1 Transformers PEL has vast experience in design and manufacturing of standard and special purpose transformers. New technical designs for improved efficiency and quality against special orders of non-standard transformers are continuously being explored. These transformers are available for various applications. Distribution Transformers Auto Transformers Furnace Transformers Welding Transformers Transformers are normally supplied in a period of 3 4 months after the receipt of orders from respective distribution companies of WAPDA and varied supply time for private customers. The Company provides one year after sales service warranty to WAPDA, KESC and private sector customers. 2.2.2 Energy Meters PEL manufactures three types of energy meters; Single Phase and Poly Phase. The electro-mechanical energy meters are manufactured under license from ABB of USA. The quality of PEL meters has been certified by KEMA Laboratories of Holland. PEL meters are superior than others due to their ability to lower revenue losses through accurate precise operation and reduction of maintenance expenses. Single Phase energy meters provide maintenance-free operations over a long period and accurate measurement of electrical energy. Poly Phase energy meters improve load performance and precision accuracy. The meters require minimum maintenance and can withstand abuse from surges and magnetic tampering. Three phase digital electronic meter with dual tariff capability recently launched and supplies to WAPDA has begun this year. Energy meter orders from WAPDA are received annually and their supply period is 9 -10 months. Energy meters to KESC are supplied in a period of 3 4 months. The Company provides one year after sales service warranty to WAPDA, KESC and Others. 2.2.3 Switchgears Switchgears are one of the highly technical and specialized power products of PEL. They are produced for indoor and outdoor installations complying with international installation standards. A major customer for this product is WAPDA. The Company provides one year after sales service warranty to WAPDA, KESC and other customers. 2.2.4 Refrigerators PEL Refrigerators were introduced in 1987 with features such as VCM (Vinyl Coated Metal) coating; stylish finishing and auto drain systems. PEL refrigerators carry compressor made by Danfoss of Germany. The low noise compressor is extremely silent and keeps the refrigerator running smoothly. Furthermore, the compressor is resilient to fluctuations in voltage level, thereby proving to be a more durable product. PEL is actively involved in the manufacturing and trading of refrigerators, which is a major source of consistent growth. The refrigerators business contributes to 48% of the Companys sales and this trend is expected continue in years to come (which is reflected in the figures for 2005-06 in the table below). 2.3 SWOT Analysis 2.3.1 Strengths PEL has the following strengths and is in more competitive position in these areas than its competitors. Following are the main strong points of PEL. 2.3.1.1 Strong Brand Image PEL has created the strong brand image in the mind of the customers through higher quality and low price. The customers of the PEL always prefer to buy the PEL home appliances like WRAC split AC and refrigerators whenever they wanted to buy. 2.3.1.2 Strong Dealer Network It is also the plus point for the PEL that it has also developed the strong dealer network in the market. The dealers are always trying to sell the PEL appliance to the customers because they know there are high margin in the PEL products. They can get more money after selling the PEL products. The management of PEL also provides more incentives to their dealers than their competitors 2.3.1. 3 Free Customer Service PEL provides free customer service for one year to its customers. So the customers always buy the PEL products due to its free service and it becomes loyal customer for the PEL. PEL always provides help to their customers for repWRAC, Refrigerators and other items. PEL always make efforts to satisfy the customers. 2.3.1. 4 M Arket Leader In WRAC (Window Room Air Conditioner) It is another strong point that PEL is a market leader in WRAC. The window room air conditioner is more demanded by the customers than its competitors air conditioners because it has more durability in operating systems and cools the room in few minutes. PEL always strives to provide the innovative features in WRAC. PEL air conditioner is cheaper and has a higher quality than others WRAC. Thats why customers always purchase the PEL window air conditioner. 2.3.1.5 Leader In Power Division In Pakistan the PEL is almost leader in power division. Almost all power division are provided by PEL to wapda. 2.3.2 Weaknesses Overcome on these weaknesses then it can become a market leader in the home appliance. Like other companies PEL has some weaknesses in operating the business. If PEL loses some competitive edge in the following points: 2.3.2.1 Lack Of Advertisement PEL was a very lack of advertisement according to other appliances companies. So it is a big weakness of PEL. 2.3.2.2 Lack Of Product Range PEL has introduced more products of consumer items but there are more needs to develop new consumer items like PEL washing Machines, Vacuum cleaner and other items. Due to lack of product Range, Company cannot earn more profit because consumers have high demand of these products and they say that if company is investing in these products then we can keep all PEL items and we never need to keep others company products. 2.3.2.3 Financial Problems Sometimes PEL faces the financial problems because its stocks are so much piled up in the stores that create the problem of cash flow because when the stocks are not sold and the production is in process for 24 hours a day than the company faces such problems. 2.3.3 Opportunities For the PEL there are more opportunities for expansion the business. If PEL realize that opportunities then it will be more fruitful and profitable for the company. 2.3.3.1 Exploration of Market In Pakistan PEL has the opportunity to explore the market in all over the Pakistan. Even though PEL introduce its products in all cities of Pakistan but there are so many places that have the capacity to absorb the PELs products. 2.3.3.2 Increase in Product Range It is the main opportunity for the PEL that it can increase its product range that will be a more profitable for the company. There are more needs to develop new consumer items like PEL washing Machines, Vacuum cleaner and other items. Due to lack of product Range, Company cannot earn more profit because consumers have high demand of these products. 2.3.3.3 Export Opportunity PEL Company has also the opportunity to export their products in other international countries like UAE, SAUDI ARABIA, and other Arabic and African countries. 2.3.4 Threats PEL Company in such a competitive era has many threats as well. These threats are for the present situations and future. Company should make its policies and strategies according to these threats. So following are the main threats for the PEL: 2.3.4.1 Strong Competition There is very strong competition for the home appliance in the market. So every company tries to come in the number 1 position for achieving the maximum shares in the market. 2.3.4.2 Chinas Product Chinas products are another threat for the Pakistani companies because these products are cheaper than the Pakistani products. An even china product not well in quality but it is comparatively in low prices than the consumers home appliance that are manufactured by the indigenous company. 2.3.4.3 Price War As there is stiff competition in the home appliance market that will cause the price war. So every company reduces the prices of its products to increase the sales. It will not only reduce the profit margin of the company but also reduce the quality of products. So price war is the main threats for all the companies, which are operating in these products. 2.3.4.4 Instability Of Government The rapid changes in governments will become threats for the companies because every government adopts its own policies for the industries. So it increases the uncertainty for the investors who want to invest heavy amount in their new projects. 2.4 Future Strategy PEL is one of the most widely recognized brands in the domestic refrigerator market. It is the second largest local manufacturer and one of the leading brands. For the past four years the Companys market share growth averaged 2% per annum. With continuous efforts in RD, PEL is concentrating on quality of product and cost minimization. The Company is considering technical collaboration for value addition through planned capital expenditures. Increased sales of manufactured refrigerators coupled with sales of split air conditioners are the major factors contributing growth in the appliances business. Other products are also being introduced as a part of Companys strategy to broaden its product range. 2.5 Competitive Analysis The prices are concerned PEL is charging reasonable prices to its customer for all of its microwaves comparatively from others. Prices charged by National, which is a multinational firm, are very higher in comparison with others because it uses special Japanese parts in its microwaves and ensures high quality and performance and only rich class shows interest in National Products. According to the retailers information, people are satisfied with the prices charged by PAK Elektron but still their preferences go along with Dawlence microwaves because of its highly created awareness. CHAPTER NO 3 LEARNING AS STUDENT This chapter has been divided into four sections In section one, I have discussed my duties as a internee during internship, In the second section, I mentioned accomplishments, In the third section I briefed my problems which I faced during internship and in the last and fourth section I offered that how this internship experience impact on my carrier. 3.1 Learning and Duties In finance department there are three sections. Corporate section Leasing and pledge Budgeting 3.1.1 Corporate Section In corporate finance I worked in different units. Firstly, I learned that how letter of credit works in PEL. 3.1.1.1 L.C Section I started working for the Letter of Credit Section. They gave me an introduction and shared important points. Mr. Asad, Senior Executive supervised me in this section. Letter of Credit: A document issued mostly by a financial institution, used primarily in trade finance, which usually provides an permanent payment undertaking. The letter of credit can also be source of payment for a transaction, meaning that redeem the letter of credit will pay an exporter. Letters of credit are used primarily in international trade transactions of significant value, for deals between a supplier in one country and a customer in another. In such cases the International Chamber of Commerce Uniform Customs and Practice for Documentary Credits applies.The parties to a letter of credit are usually a beneficiary who is to receive the money, the issuing bank of whom the applicant is a client, and the advising bank of whom the beneficiary is a client. There are different types of LC: a) L.C at Sight: In L.C at sight, Our Company opens an L.C in a bank which provides a guarantee to the exporter that he will pay the due amount. Now, the exporter takes these documents to his bank and asks the bank to give him money so that he can start working on the required contract. When he fulfills the contract, he goes to his bank and provides the required documents to prove that he has fulfilled the contract. Now his bank sends these documents to our bank and our bank ask us to confirm the clarity of the documents and if cleared then these documents are called cleared documents. Then lastly we will pay the bank the due amount. b) Usance L.C: In usance L.C the contract between the two parties require the importer to pay in a longer term e.g. 3 or 6 months after receiving the material from exporter. Our bank will pay the contract amount after the agreed period. c) INLAND LCIn land LC means LC open in a same country. 3.1.1.2 Guarantees I started working on the Guarantees, Leasing, Finance against Merchandise and Cash Financing Section. They just gave me an introduction and shared important points. Mr. Tahir Mahmood, Senior Executive supervised me in this section. Guarantees Section: Secret behind PELs success and increasing market share is its guarantees section that actively works to get every order either for appliances or for power of the company by speedily participating for the contract with the help of Tender Bonds of Guarantees. Types of Guarantees Tender guarantee ( Bid guarantee ) Balance of payment guarantee Advance payment guarantee Performance bond guarantee 3.1.1.3 Long Term Loans PEL acquired a long-term loan to finance the import of machinery. Recently PEL has purchased some machinery from China for Digital Energy Meters. The process for long-term loan is explained in following. Preparation OF Feasibility Report: Following points are considered while preparing the feasibility report. Financial Statement Cost of the project. This includes operating assets (land, building, Vehicles, furniture, capital expenditure and means of finance) Project profit and loss account Projected statement of changes in financial position. Financial Analysis Pay back period of total investment Ratio analysis Breakeven analysis Schedules Sales forecast statement Total production cost. Working capital Loan repayment schedule Bank Feasibility Report Bank studies the feasibility report and prepare report and prepare its own feasibility report to see where it would be feasible to sanctioned loan to company or not. Offering the Letter: The bank, if it is satisfied with the feasibility report then send offering letter. It has, Amount sanctioned Mark up rate Charge over fixed assets Tenor Installment periodS Interest payment period Acceptance If company accepts the terms, it must respond with this period. Negotiation: Negotiation between bank and company takes place to change certain conditions of offer letter and it acceptable for both parties. A second draft of the offer letter is prepared with changes and signs of bank and CEO OF PAK ELEKTRON LIMITED. Creation of Charges: A charge is created in favor of the bank to secure its loan with following documents affidavit. It is an undertaking by the company that will follow all conditions. Form 10. It contains the particulars of assets against which charge is created. All the above documents are submitted with registrar against whom a Certificate of Registration of Mortgage is issued. Types of charges Exclusive Ranking Pari passu Loan Repayment Schedule: This schedule is prepared to show the mark up principal and total installment value for whole tenure. 3.1.1.4 PRE-Shipment Pre-shipment is the last section of the finance department. The pre-shipment report may be summarized in the following 5 tasks which are as follows: Tender Bidding Acceptance Purchase order Inspection 3.1.2 Leasing Section This section works in order to fulfill the corporate production, personnel and operational needs such as Machineries, Auto Mobiles and office equipments. It enters into the Buying Contracts always with the one who offers best terms and conditions as well as the best Internal Rate of Return to the Company. 3.1.2.1 Direct Leasing In case of auto mobiles, a bank makes the pay order and gives it to the dealer on the behalf of firm. Firm pay the principle plus interest in installment to bank. PEL can do leasing with AL-Baraka bank. They paid approximately 15%interes on them. 3.1.2.2 Indirect or Machinery Leasing Machinery is imported from china and other countries e.g. USA etc. incase of imported machinery PEL has an LC opened by particular bank. The LC issuing bank deals with the exporters bank and makes payment to it. In machinery dealing the import department of the company is involved. Import department informs finance that they do not have enough funds to make a lump sum payment of machinery, and then leasing facility is used. A third bank called the leasing bank (from whom PEL takes leasing facility) makes payment to issuing bank and acquires papers of the machinery. PEL then makes regular lease payments to the leasing bank and finally acquires the papers of the machinery. Leasing bank also sends external auditors to PEL to verify whether the machinery is actually of the value quoted, whether it is in proper condition, durability of the machinery etc. 3.1.2 Working Capital Finance This type of loan is secured against: Pledge Hypothecation 3.1.2.1 Pledge It may be constructive or actual. Constructive pledge is that in which goods are not taken by bank rather keep them in companys good own under its own security. In case of actual pledge, bank holds the possession of goods. Logistics: The logistics department comprises a part of the finance department. It is headed by Mr. M. Hanif and further consists of a senior accounts officer, two junior executives and two accountants. The basic task carried out by the persons working in the logistics section is: daily check on production daily check on stock (materials and finished goods) controlling the production plan for the future control on orders in hand Materials imported by PEL basically remains in bank custody. The bank makes payments for these materials to the foreign suppliers and releases them to PEL as per payments by them. The bank further higher mucaddam companies/clearing agents to watch over and monitor these materials. The materials are generally store in PEL premises. Material requirement for appliances and power good manufacturing are different hence their requisition are also different. PEL uses cash financing and various other credit facility provided by the bank. Raw materials are imported using the different financing facilities. Materials are then use to make finished goods. The materials when enter the production cycle a term as work-in-process (WIP). WIP is hypothecated and loans taken against it. Then a portion of finished goods produced are further pledged and payments for raw materials are made through it. The whole procedure must be carried out in a timely way with correct information reaching at the right time from factory to material section, so that materials may be requested and obtained at the right time without delay. 3.1.2.2 Hypothecation Of Stock In this the finance is given on work in process goods. 3.1.3 Budgeting Section Getting started from the first day after formal introduction of staff, MR. Masood Tahir, Manager Finance PEL assigned task to Mr. Amer Khawaja (Manager Budgeting) and Sheikh Zaigham Ali (Finance Executive) Finance Budgeting section of my supervision. Forecasting for next year He told me management prepared Sales plan Production plan Material purchase plan Direct labor F.O.H ( factory overhead) Selling expense /administrative expense Other income Financial cost Mr. Zaigham told me PEL has two Divisions 1st Power Division, which deals in the manufacturing of Distribution Transformers Power Transformer Power Project Electric meters Switch gears 2nd Appliances Division includes production of Refrigerators, Deep freezer, Micro-wave Ovens, Splits AC. Trading items (Imported goods) water dispensor, washing machine, window AC, T .V, Generator. Sales Plan Sales plan made by marketing department for appliance and power division. Forecasting Base on last five year sales which is approved by marketing G.M. Types of Sales Export sales ( Afghanistan , India) C.M.D ( Consumer marketing department e.g Govt employees ) Corporate sales ( Institutional e.g hospitals , colleges etc ) Private sales ( for bankers , G.M reference 50% discount ) Metro / Makro sales Production Plan Production plan made model wise for refrigerator, split AC, microwave oven and deep freezer. Material Purchase Plan For material purchase PEL open L/C. Direct Labour: Decide labor quantity required. Labor rate decided. Other Income Scrap sales B pair goods Financial Cost mark -up on borrowing demrage cost ( pay extra amount after exceeding the shipment days ) The beginning of every year with the help of forecasts and then latterly throughout the year they compare it with the actual transactions of these two divisions. I did Afterwards, he showed me the budgets of both divisions which are prepared at some price and cost calculations of Transformers for him and I also did different ratio analysis based on last year results. Then, I was assigned to compare the production budget of refrigerator section of the production department with the actual results yet achieved which I performed and show to him the variances till date. 3.2 Problems Encountered There was no such problem but at same time it was very confusing because they mostly prefer to tell orally rather to practical work that make us ambiguous in some manner when we want to learn more and more. 3.3 Accomplishment we were keen to know about different section of finance department specially in LC opening (letter of credit) how to get loan from banks and why made pledges. We frequently analyses the Lc. 3.4 How Experience Impact On My Career During my internship I learned lot of knowledge that is helpful in my future planning and future career. I learned how to interact with senior management and get their experience that is helpful in my career. Due to my internship habit of regularity and punctuality. 3.5 Knowledge Acquired I had chance of acquiring a lot of new knowledge because it was my first professional experience of working real world of financial brainstorming. It was great experience that how plans and decisions are made executed. It elaborate that how risk involve in each step of decision making and how efficiently management cope up themselves with their competenciese. Conclusion In the nutshell, I want to bring some new idea that PEL should initiate some social benefit programs and try build their Goodwill by participating in the society. I found that the people while purchasing for a certain item take great i

Friday, October 25, 2019

Soliloquy Essay - Theatre and Language in the Soliloquies of Shakespear

Theatre and Language in the Soliloquies of Hamlet  Ã‚      The first Folio is prefaced with an address to the reader to "Read him again and again". In terms of words and action, Hamlet is the most self conscious play about its own theatricality. Words and actions throughout the play are inextricably linked, as is the notion of "playing" a part. From the outset of the play we see evidence of the external show compared with the underlying reality. In Act One, Hamlet's speech to Gertrude (Nay seems...etc) shows us the Prince talking about actions that a man "might play" and also about what is "inside" him which "passes show". (NB "Action" in Elizabethan definition meant "acting") Throughout the play we see inner reality beneath the surface performances of not only Hamlet, but other characters, too. Hamlet has only "one-liners" at the beginning of the play until we hear his first soliloquy, which is an attempt to look at "that within, which passes show". The soliloquies create a bond between the character and the audience and were a dramatic convention inherited from Greek drama. By the time of Shakespeare they had moved away from commentaries on the plot and events of the play and had become illustrative of the inner thoughts of the character. In the soliloquy the character tells the truth as he perceives it, although "truth" is subjective and can have different meanings for different characters. In Hamlet we have seven soliloquies, five major and two smaller ones, and Hamlet's character is revealed through them as the play progresses.    Hazlitt - "This is that Hamlet the Dane...whom we remember...but all whose thoughts we know as well as we know our own..Reality is in the reader's mind..It is we who are Ham... ...so to the grave. Hamlet describes himself as "Crawling between earth and heaven". Shakespeare's audience would have had a physical picture of this before them, which added great weight to the imagery of his text, as of course would the scuffle over Ophelia's corpse. At the end of the play Hamlet stops musing and the language becomes very direct and simple, "there is a divinity.." "the readiness is all". In the final scene Hamlet "acts" in all senses of the word, and "theatre" takes over. The final speeches are terse and contain references to the theatricality of the occasion. he refers to the "mutes" (extras on stage) and the "audience to this act". Fortinbras commands him to be "carried to the stage", perhaps a last comment on a play which is characterised so much as actors playing to actors in a kind of Chinese box puzzle of outward show and inner secrets. Â