Saturday, August 31, 2019
Duport Analysis: the Number Game
DuPont Analysis: Playing The Numbers Game! The summary of this case is that a newly joined CFO of a company, Plastichem Inc. , was able to turn the companyââ¬â¢s unfortunate situation around when he first arrived. Yet, five years later, Plastichem has gone through some difficult times including their stock price/ratings severely dropping with no understanding as to why. The case ends with the CFO attempting to figure out what went wrong with the numbers he was given. To determine the liquidity, we used the quick ratio, current ratio, and interest coverage ratio.From these equations, the higher the ratios meant the better of the companyââ¬â¢s financial condition, or more liquidity. The acceptable ratios vary from different industries. In general, companyââ¬â¢s quick ratio should be 1 or higher, and its current ratio should be above 1. 5 to be considered liquid. In the comparison between two companiesââ¬â¢ ratios, DCM Molding has shown a better financial condition on averag e in the past four years, and Plastichem has barely met the acceptable average or is below the average in the past four years. Quick Ratio = (Cash and marketable securities + A/R + Other Current Asset)/ Current Liabilities | Year| 2004| 2003| 2002| 2001| Plastichem| 0. 86| 1. 141| 1. 039| 0. 826| DCM Molding| 0. 99| 0. 93| 1. 114| 1. 568| | Year| | 2004| 2003| 2002| 2001| Plastichem| 1. 301| 1. 523| 1. 462| 1. 309| DCM Molding| 1. 632| 1. 518| 1. 826| 2. 095| | Year| | 2004| 2003| 2002| 2001| Plastichem| 0. 763| 1. 9113| 1. 962| 2. 442| DCM Molding| 4. 667| 1. 217| 4. 217| 8. 6| To measure the leverage, we calculated the debt-equity ratio. Plastichem had a relatively high Debt-Equity Ratio, which indicated that Plastichem was using many debts to finance its growth.High Debt-Equity Ratio also indicated that Plastichem bore more risk because the cost of debt (interest). The company would make more profit if the incremental profit exceeds the incremental cost of debt; however, the comp any may lose more money/ make less money if the incremental profit is less than the incremental cost of debt. | Year| | 2004| 2003| 2002| 2001| Plastichem| -19. 331| 5. 076| 4. 862| 1. 355| DCM Molding| 1. 192| 1. 477| 1. 274| 0. 714| To determine the profitability, we calculate the Profit Margin, ROE, and ROA. By looking at the ratios, Plastichemââ¬â¢s profit has dropped in the past four years.The high leverage may have enlarged the loss of the company. On the other hand, DCM Molding has shown a steady income/profit over the years. | Year| | 2004| 2003| 2002| 2001| Plastichem| -24. 14%| 0. 68%| 3. 45%| 5. 65%| DCM Molding| 5. 91%| 6. 19%| 5. 37%| 5. 09%| | Year| | 2004| 2003| 2002| 2001| Plastichem| ? | 3. 53%| 6. 38%| 17. 30%| DCM Molding| 17. 76%| 18. 64%| 17. 44%| 10. 95%| | Year| | 2004| 2003| 2002| 2001| Plastichem| -26. 90%| 0. 58%| 1. 09%| 7. 34%| DCM Molding| 8. 10%| 7. 53%| 7. 66%| 6. 39%| A common size balance sheet is a different type of balance sheet that hows each d ollar amount in a form of percentage of a common number from the actual balance sheet. Common size balance sheet is useful in comparing companies that have a different scale of operations. This type of balance sheet helps in observing at the firms as a common sized and it also helps in comparing the changes in various segments over a period of time. PLASTICHEM INCORPORATED| | | | | Annual Income Statements (Value in Millions)| | | | | 2004| 2003| 2002| 2001| Sales| 100. 00%| 100. 00%| 100. 00%| 100. 00%| Cost of Sales| 74. 81%| 62. 76%| 63. 39%| 65. 04%| Gross Operating profit| 25. 19%| 37. 24%| 36. 61%| 34. 6%| Selling, General & Admin. Expenses| 13. 27%| 18. 54%| 18. 66%| 20. 73%| EBITDA| 11. 92%| 18. 71%| 17. 95%| 14. 23%| Depreciation & Amortization| 6. 16%| 5. 51%| 5. 82%| 4. 41%| EBIT| 5. 76%| 13. 20%| 12. 12%| 9. 82%| Other Income, Net| -0. 17%| 0. 20%| 0. 12%| 0. 08%| Total Income Avail for Interest Exp. | 5. 59%| 13. 40%| 12. 24%| 9. 90%| Interest Expense| 7. 54%| 6. 90%| 6 . 18%| 4. 02%| Minority Interest| 0. 00%| 0. 00%| 0. 00%| 0. 00%| Pre-Tax Income| -1. 95%| 6. 50%| 6. 06%| 5. 88%| Income Taxes| 0. 03%| 0. 71%| 2. 61%| 0. 23%| Special Income/Charges| -22. 15%| -5. 10%| 0. 00%| 0. 00%| Net Income from Cont.Operations| -24. 14%| 0. 68%| 3. 45%| 5. 65%| Net Income from Discont. Opers. | 0. 00%| 0. 00%| 0. 00%| 0. 00%| Net Income from Total Operations| -24. 14%| 0. 68%| 3. 45%| 5. 65%| Normalized Income| -1. 99%| 5. 78%| 3. 49%| 5. 65%| Extraordinary Income| 0. 00%| 0. 00%| 0. 00%| 0. 00%| Income from Cum. Eff. of Acct. Chg. | 0. 00%| 0. 00%| 0. 00%| 0. 00%| Income from Tax Loss Carryforward| 0. 00%| 0. 00%| 0. 00%| 0. 00%| Other Gains| 0. 00%| 0. 00%| -2. 02%| 0. 00%| Total Net Income| -24. 14%| 0. 68%| 1. 43%| 5. 65%| PLASTICHEM INCORPORATED| | | | | Annual Balance Sheets (Values in millions)| | | | | | 2004| 2003| 2002| 2001|ASSETS | | | | | Current Assets| | | | | Cash and marketable securities| 1. 20%| 1. 40%| 1. 47%| 0. 60%| Accounts receivable| 17. 34%| 17. 33%| 14. 74%| 21. 03%| Inventory| 10. 31%| 7. 01%| 7. 44%| 12. 88%| Other Current assets| 1. 54%| 2. 21%| 2. 03%| 0. 40%| Total Current Assets| 30. 40%| 27. 94%| 25. 68%| 34. 91%| | | | | | Non-Current Assets| | | | | Property, Plant & Equipment, Gross| 35. 44%| 28. 70%| 25. 85%| 47. 99%| Accumulated depreciation & Depletion| 14. 41%| 9. 13%| 8. 15%| 19. 42%| Property, Plant & Equipment, Net| 21. 03%| 19. 57%| 17. 71%| 28. 57%| Intangibles| 45. 67%| 50. 07%| 53. 53%| 33. 0%| Other Non-Current Assets| 2. 90%| 2. 41%| 3. 09%| 3. 52%| Total Non-Current Assets| 69. 60%| 72. 06%| 74. 32%| 65. 09%| Total Assets| 100. 00%| 100. 00%| 100. 00%| 100. 00%| | | | | | LIABILITIES AND EQUITIES| | | | | Current Liabilities| | | | | Accounts payable| 7. 71%| 6. 92%| 6. 03%| 9. 76%| Short Term Debt| 2. 48%| 1. 63%| 1. 03%| 3. 92%| Other current Liabilities| 13. 17%| 9. 80%| 10. 50%| 12. 98%| Total Current liabilities| 23. 36%| 18. 35%| 17. 56%| 26. 66%| | | | | | Non-Current liabilitie s| | | | | Long-term debt| 80. 96%| 64. 35%| 65. 38%| 30. 89%| Deferred Income Taxes| 0. 00%| 0. 00%| 0. 00%| 0. 0%| Other Non-Current Liabilities| 1. 13%| 0. 84%| 0. 00%| 0. 00%| Minority Interest| 0. 00%| 0. 00%| 0. 00%| 0. 00%| Total Non-Current Liabilities| 82. 09%| 65. 19%| 65. 38%| 30. 89%| Total Liabilities| 105. 46%| 83. 54%| 82. 94%| 57. 55%| | | | | | Shareholder's Equity| 0. 00%| 0. 00%| 0. 00%| 0. 00%| Preferred Stock Equity| 0. 00%| 0. 00%| 0. 00%| 0. 00%| Common Stock Equity| -5. 46%| 16. 46%| 17. 06%| 42. 45%| Total equity| -5. 46%| 16. 46%| 17. 06%| 42. 45%| | | | | | Total liabilities and Stock Equity| 100. 00%| 100. 00%| 340| 100. 00%| DCM MOLDING| | | | | Annual Balance Sheets (Values in millions)| | | | | 2004| 2003| 2002| 2001| ASSETS | | | | | Current Assets| | | | | Cash and marketable securities| 0. 33%| 1. 25%| 0. 47%| 8. 06%| Accounts receivable| 19. 87%| 18. 36%| 20. 31%| 19. 44%| Inventory| 14. 32%| 13. 34%| 14. 69%| 10. 83%| Other Current assets| 1. 89%| 1. 48%| 2. 19%| 4. 72%| Total Current Assets| 36. 40%| 34. 44%| 37. 66%| 43. 06%| | | | | | Non-Current Assets| | | | | Property, Plant ; Equipment, Gross| 47. 28%| 42. 08%| 43. 44%| 56. 39%| Accumulated depreciation ; Depletion| 17. 20%| 12. 66%| 11. 09%| 10. 83%| Property, Plant ; Equipment, Net| 30. 08%| 29. 42%| 32. 34%| 45. 56%| Intangibles| 33. 0%| 35. 46%| 28. 44%| 5. 28%| Other Non-Current Assets| 0. 22%| 0. 68%| 1. 56%| 6. 11%| Total Non-Current Assets| 63. 60%| 65. 56%| 62. 34%| 56. 94%| Total Assets| 100. 00%| 100. 00%| 100. 00%| 100. 00%| | | | | | LIABILITIES AND EQUITIES| | | | | Current Liabilities| | | | | Accounts payable| 7. 66%| 8. 10%| 8. 28%| 5. 56%| Short Term Debt| 7. 44%| 6. 61%| 4. 22%| 7. 50%| Other current Liabilities| 7. 21%| 8. 10%| 8. 28%| 7. 50%| Total Current liabilities| 22. 31%| 22. 69%| 20. 63%| 20. 56%| | | | | | Non-Current liabilities| 0. 00%| 0. 00%| 0. 00%| 0. 00%| Long-term debt| 28. 63%| 31. 93%| 29. 22%| 15. 00%|Deffered Income Taxes| 0. 1 1%| 0. 57%| 0. 00%| 3. 89%| Other Non-Current Liabilities| 3. 33%| 4. 45%| 6. 09%| 2. 22%| Minority Interest| 0. 00%| 0. 00%| 0. 00%| 0. 00%| Total Non-Current Liabilities| 32. 08%| 36. 94%| 35. 31%| 21. 11%| Total Liabilities| 54. 38%| 59. 64%| 55. 94%| 41. 67%| | | | | | Shareholder's Equity| 0. 00%| 0. 00%| 0. 00%| 0. 00%| Preferred Stock Equity| 0. 00%| 0. 00%| 0. 00%| 0. 00%| Common Stock Equity| 45. 62%| 40. 36%| 43. 91%| 58. 33%| Total equity| 45. 62%| 40. 36%| 43. 91%| 58. 33%| | | | | | Total liabilities and Stock Equity| 100. 00%| 100. 00%| 100. 00%| 100. 00%| DCM MOLDING| | | | |Annual Income Statements (Value in Millions)| | | | | 2004| 2003| 2002| 2001| Sales| 100. 00%| 100. 00%| 100. 00%| 100. 00%| Cost of Sales| 66. 83%| 64. 85%| 64. 76%| 62. 96%| Gross Operating profit| 33. 17%| 35. 15%| 35. 24%| 37. 04%| Selling, General & Admin. Expenses| 17. 23%| 18. 65%| 19. 60%| 22. 22%| EBITDA| 15. 94%| 16. 49%| 15. 64%| 14. 81%| Depreciation & Amortization| 4. 61%| 4. 40%| 4. 32%| 4. 86%| EBIT| 11. 33%| 12. 09%| 11. 32%| 9. 95%| Other Income, Net| 0. 00%| 0. 00%| -0. 12%| -0. 23%| Total Income Avail for Interest Exp. | 11. 33%| 12. 09%| 11. 20%| 9. 72%| Interest Expense| 2. 43%| 2. 16%| 2. 0%| 1. 16%| Minority Interest| 0. 00%| 0. 00%| 0. 00%| 0. 00%| Pre-Tax Income| 8. 90%| 9. 93%| 9. 10%| 8. 56%| Income Taxes| 2. 99%| 3. 75%| 3. 73%| 3. 47%| Special Income/Charges| 0. 00%| 0. 00%| 0. 00%| 0. 00%| Net Income from Cont. Operations| 5. 91%| 6. 19%| 5. 37%| 5. 09%| Net Income from Discont. Opers. | 0. 00%| 0. 00%| 0. 35%| 0. 00%| Net Income from Total Operations| 5. 91%| 6. 19%| 5. 72%| 5. 09%| Normalized Income| 5. 91%| 6. 19%| 5. 37%| 5. 09%| Extraordinary Income| 0. 00%| 0. 00%| 0. 00%| 0. 00%| Income from Cum. Eff of Acct. Chg. | 0. 00%| 0. 00%| 0. 00%| 0. 00%| Income from Tax Loss Carryforward| 0. 0%| 0. 00%| 0. 00%| 0. 00%| Other Gains| 0. 00%| 0. 00%| 0. 00%| 0. 00%| Total Net Income| 5. 91%| 6. 19%| 5. 72%| 5. 09%| We can see that the cost of the s ales has been increasing for both the companies. But, the cost of goods sold for DCM is less that than of Plastichem. This indicates that DCM has been better at controlling their cost so they have a higher gross margin as compare to Plastichem. This reduction in the gross profit has lead to the reduction on the expenses occur due to selling the goods, but since DCM has a higher gross profit than Plastichem, they can also spend more in selling their goods.Plastichem also has more debt compare to DCM, due to which they have a higher interest expenses compare to DCM. A DuPont analysis helps us better understand the changes in return on equity (ROE). DuPont analysis tells us that three things affect ROE: operating efficiency, asset use efficiency, and financial leverage. Therefore we break up ROE into its components: ROE = Profit Margin (PM) * Total Asset Turnover (TAT) * Equity Multiplier (EM) | 2004| Return on Equity| Net Profit Margin| Total Asset Turnover| Equity Multiplier| | | | | | | Plastichem| 0. 00%| -24. 07%| 1. 12| 0. 00|DCM| | 17. 76%| 5. 91%| 1. 37| 2. 19| | 2003| | | | | | | | | | | Plastichem| 3. 53%| 0. 68%| 0. 85| 6. 08| DCM| | 18. 64%| 6. 19%| 1. 22| 2. 48| | 2002| | | | | | | | | | | Plastichem| 6. 38%| 1. 47%| 0. 74| 5. 86| DCM| | 17. 44%| 5. 72%| 1. 34| 2. 28| | 2001| | | | | | | | | | | Plastichem| 17. 30%| 5. 65%| 1. 30| 2. 36| DCM| | 10. 95%| 5. 32%| 1. 20| 1. 71| If we look at the figures we find that the reduction in ROE for Plastichem is mainly due to the drop in net profit margin. Plastichem increased their use of debt, which resulted in a higher EM, but poor PM ensured the fall of ROE.For DCM, on the other hand, we see that it has been fairly constant as well as ROE components. Some of the limitations regarding the various financial analyses above are: Many companies near the year or quarter end improve the appearance of their figures presenting them in the most attractive way possible. The miss misrepresentation of numbers makes the analysis more difficult. The analysis may also be unclear by inflation as general price levels for goods and services go up and subsequently purchasing power goes down, which makes comparison difficult over time.Many firms also use different accounting methods which make comparing of different companies difficult for instance there are two primary accounting methods used in USA, cash and accrual accounting. Cash accounting reports income and expenses are reported in the year they are received and paid; accrual accounting reports income and expenses in the year they are earned and incurred. Again making it very difficult to analyze different companies. Some additional data Jay and Jack need in order to improve their finding would be to look into the companies accounting practices and see if any off balance sheet items are present.From there they need to make sure the off balance sheet items are converted to in the balance sheet items to have an appropriate comparison. A statement of cash flows would also useful in analysis, as it would allow in determining the short-term viability of a company, particularly its ability to pay bills. A statement of cash of cash flows also allows us to view cash and cash equivalents coming in and out of company, giving better understanding as to where money is going and coming from.Also although looking at numbers may allow analysis to quickly spot differences in financials, I believe you must research companies in how they are run and if they are consistently making good business decisions. After collecting, compiling, and analyzing data we have come to conclusion that DCM Molding has shown a better financial condition on average in the past four years, and Plastichem has barely met the acceptable average or is below the average in the past four years. The Plastichem had a relatively high Debt-Equity Ratio, which indicated that was using many debts to finance its growth.The high Debt-Equity Ratio also indicated that Plastichem b ore more risk because the cost of debt (interest) making things difficult. The cost of the sales for both the companies have increased. But, the cost of goods sold for DCM is less that than Plastichem. This indicates that DCM has been better at controlling their cost so they have a higher gross margin as compare to Plastichem. This reduction in the gross profit has lead to the reduction on the expenses occur due to selling the goods, but since DCM has a higher gross profit than Plastichem they can also spend more in selling their goods.So in comparison we see that DCM Molding is doing far better with its figures showing much better results than Plastichem. Recommendation that Jack would be justified in making in his report to Andrew would be Plastichem needs to increase profit margin after looking at the figures we find that the decrease in return on equity for Plastichem is mostly due to the drop in net profit margin. Plastichem increased their use of debt that resulted in a higher equity multiplier, but poor profit margin ensured the fall of return on equity.Plastichem had a relatively high Debt-Equity Ratio, which indicated that Plastichem was using many debts to finance its growth. It should be treated as a serious problem being that Plastichemââ¬â¢s main rival is rated as a strong buy while their stock is rated as a hold. The strong drop in price will create fear for potential and current shareholders. If that fear continues, Plastichemââ¬â¢s shareholders might sell their stock at a decreasing rate, causing more issues for the company.The CFO should do a comparison between Plastichem and DCMââ¬â¢s numbers, and find the strengths and weaknesses amongst his company, in particular within its management teams. He should also begin finding ways to pay off Plastichemââ¬â¢s debt as well as not accumulating anymore, being that Plastichem is already seen as risky. The CFO should also find a tighter way to control the companyââ¬â¢s costs. The analyst s are very accurate in their recommendations to the two firms. DCM Molding figures showed far better results and stock should rise; While Plastichem might consider selling stocks, if financial performance continues to worsen.
Friday, August 30, 2019
Media an Answer to Terrorists needs
In our generation today every little gadget is a product of science and technology, through this we were able to easily adapt to changes that are occurring in our world. Easy access is only a click of a hand away, may it be e-mail, bank accounts and even information because of this terrorist have taken advantage of the good things the technology has to offer. When this technology should be use as a means of communication for family, friends and relatives, it is being exploited to instill fear and terror to the minds and hearts of the people. With this technology acquired by most of the people like television and computer which are always being use, it would be easier to acquire and disseminate information to people and it would also be easier for the people to be frightened from the terrorist. In the past years it has been a mystery how these terrorist recruit there members and how they were able to communicate with them, now it has been found out that terrorist uses sites such as Paypal, Orkut and My Space to be able to connect and disseminate information from those interested to be a member. Using this site also they were able to find fund raiser and coordinate their activities, and because they use electronic dead drop they were able to avoid being detected by government agencies. Using this kind of technology is sufficient to communicate to other people without using too much time and effort, it is less cost for most of this website offer free membership as well as access and it is also safe for it is hard to be detected in a way that they could hack to other servers or satellites to avoid detection, for the terrorist it is the easiest way to communicate, for everyone now has computers, televisions and even laptops which is an easy access to information. Nowadays that people have easy access to everything, terrorist know who their audience is and because of this they were able to send the message straight that they mean business, mostly we could see terrorist abducting innocent people in television with this kind of act they were able to penetrate the mind of the people that they have no mercy to anybody, our courageà is being shaken and our trust to the government is doubtful for they cannot able to stop attacks and abduction of this terrorist. Terrorists were able to extract information from Government intelligent and agencies for they were able to hack the system, with this they use it as there own way of protection and also a way to destroy there enemy. The mass media and web technology serves as a portal or a means of bridging the gap of this terrorist and there audience to fulfill there task, and because sending e-mail message could be tampered with hidden meanings from the actual message being sent it is more advantage for the terrorist to have the upper hand from those who are in the Government. If this technology is being penetrated by terrorist, there is also a way to stop it because now it is not impossible to let things happen. To stop terrorism from sending messages or acquiring one, internet should build a program that would facilitate the site, a program that could detect hidden message from this terrorist, a program that would protect the interest of the people as well as the nation. Also it is our duty to have limit to our selves for we have been involve and caught up with all the new technology being discovered and used by the people, we are all aware that it is being use for other purpose form which it is originally should be used, we are all disturb and frighten for our safety is at stake but having this technology is not bad either for it promises a good and prospering future. All should be well if we know how to put limitations to the use of technology precaution should always be there before usingà à any technology. Every new discovery is for the benefit of human goodness but for some they could always see the dark things it could turn into, now it should not hinder us from discovering new ideas, technology and solution as long as you discover it for the better good and nothing more. References: Hasan, K. How Al Qaeda uses Internet.à Daily times December 8, 2005 à www.Globalpulse.net (March 10, 2006)
Thursday, August 29, 2019
Multi media package Essay Example | Topics and Well Written Essays - 750 words
Multi media package - Essay Example This is primarily attributed to the inability by the studentââ¬â¢s family to raise adequate funds to support their education. Statistics of the number of students balancing between their studies and part-time jobs is increasing with each new day. During thanksgiving holiday, I happened to meet with four of my old schoolmates from Edmunds Community College at Seattle, namely Norman Pitt, Candice Clarke, Katherine Little, and Elias Okoth,. We had a long chat that resulted to the discussion of hunger in campuses. I had earlier read an article by Bond (1), which indicated that hunger was a rising trend among college students. As I shared my views on what I read about hunger increasing among students, my colleagues also shared their own experiences on the matter. In our conversation, it was evident that the tough economic times are one of the reasons why the number of students who do not know when or what will be their next meal is increasing. Additionally, I realized that none of thes e hungry students are willing to disclose to their friends about their situation for fear that they may be mocked or looked down upon. I recorded the responses and utterances that were made by all the participants. Katherine Little, an old schoolmate and a senior student in a renowned University, is one of the friends who shared with us on how her friend was suffering from hunger till she faced up to her, ââ¬Å"I did not know that she was suffering from hunger and I took her for a snack, after seeing that she looked worried and not ok, and demanded to be told what was wrongâ⬠. Katherine noted that it was until her friend told her, that she understood her condition. Katherine affirmed that she came to comprehend that her friendââ¬â¢s family became financially unstable after a medical emergency crushed the familyââ¬â¢s insubstantial finances, leaving her on her own to finish school. ââ¬Å"She had to take up two jobs in order to settle her tuition feesâ⬠Katherine not ed. Additionally, another aspect that emerged from the conversation was that colleges should strive to identify such needy students in order to assist them. None of us can be glad if a friend or even a classmate slept hungry for lack of anything to eat. Elias Okoth, an international student and an old schoolmate, asserted that the campus should institute mechanisms of identifying such food insecure students. ââ¬Å"The campus should establish a room within the premises, particularly in the student center, to turn it into a food pantry operated by students where the food insecure students can report and be assistedâ⬠says Elias. This will assist as it may be challenging to identify the hurting students among the crowd. Candice Clarke, a former member of a studentsââ¬â¢ relief group and an old schoolmate, also added by noting that it is essential that, as friend, we should know the state of our fellow classmates and friends. ââ¬Å"We ought to be our brothers and sisters keepe r, and should follow up on them to check if they have had a meal or notâ⬠, Candice said. However, not all friends and classmates may disclose their personal or private life. If this happens, there are other ways of identifying a needy friend. Katherine Little identified her friendââ¬â¢s worried look and confronted her to tell her what was wrong. ââ¬Å"I could tell that something was wrong, and had to ask herâ⬠, Katherine acknowledges. Such students can also be identified through deteriorating class performance. This can be done by professors within the numerous departments in the
Wednesday, August 28, 2019
Outline and analyse a chosen strategy to attempt to gain competitive Essay
Outline and analyse a chosen strategy to attempt to gain competitive advantage through managing cultural diversity in an (Hospitality)organization - Essay Example People of diverse backgrounds have to work together for achieving the same goal and objectives of the company. But diverse cultural backgrounds have different values and rules which often create many conflicts within the organization. Hospitality companies experiences cultural diversity and its related issues. Therefore managing cultural diversity of the company in an effective way has become an important tool for achieving its corporate goals. The concept of cultural diversity is multidimensional and complex phenomenon. It is an important issues associated with the long term success of the company. The hospitality companies are growing internationally. They have to face various cultural issues in different countries of the world. It is important to recognize the cultural background of its workforce as cultural negativity influences the success and performance of the company. The cross cultural barriers of the hospitality company develop many challenges. Managing different cultures i n the workplace helps to honor the differences of the cultures and motivates them to work in best way benefiting the hospitality company. To manage the diversity in the workplace Hospitality Company follows different strategies and policies. The executives of the company must be involved in different cultural infusions and become committed to practice those cultural strategies and policies. For understanding the present state of cultural diversity the company can assess the issues related to variable cultures. This assessment helps the management team to evaluate the issues of diverse work culture. Strategies of interviewing the leaders of the hospitality company give ideas about the diverse culture of the company. The companies can implement the strategy of knowing the employees perception out diversity management in the hospitality company with the help of its managers, leaders and supervisor. This strategy provides the statistical data
Tuesday, August 27, 2019
American Cancer Society Term Paper Example | Topics and Well Written Essays - 2000 words
American Cancer Society - Term Paper Example own of these today is the American Cancer Society, which has been around for almost 100 years, and which today has over 900 offices not only in the US, but in Puerto Rico as well (ACS, 2012; Charity Navigator, 2012). The society, which started out as the American Society for the Control of Cancer (ASCC), was founded in 1913 by 13 of New York Cityââ¬â¢s most well-known physicians and business leaders. This was no small feat, as should be apparent from how the Society has been operating even up till the present day, but its importance was even greater then, considering how people had lived in fear and denial of the killer disease, despite it claiming thousands of Americans a year. This being the case, the founders thought it best not only to establish the Society, but to further raise awareness through research and recruitment. Going by the Societyââ¬â¢s nearly 100 years of service, it would be safe to say that it succeeded in that goal, at least, and on a major, major scale. It is known to be a nationwide, community-based voluntary organization aimed at the elimination of health problems arising from cancer, which it does through research, education, advocacy and service ââ¬â all of which should be common knowledge by now. Not only that, it also works with other organizations with similar goals and objectives, an example of which would be the Commission on Cancer (American College of Surgeons, 2008). As a matter of fact, the Society is also known for designing and supporting educational programs aimed not only at medical professionals, but at the general public as well. And aside from this, it has also been known for bankrolling cancer research efforts. Examples of such studies include that of Burns et al (1972) and of Calle et al (2002), as well as a more recent one conducted by Krewski et al (2009). And on a more personal level, it assists cancer patients by way of emotional support and treatment. All these can be traced back to Marjorie G. Ollig, who in 1936
Monday, August 26, 2019
Risk Management and Risk Management Strategy Case Study
Risk Management and Risk Management Strategy - Case Study Example This research paper consists of two parts. On the example of PowerCo, the company operating in the field of electricity, risk management strategy is correlated with human resource development as one of the crucial and integrative components necessary for companyââ¬â¢s competitiveness in the global market. Further on, it is underlined that the steps taken by risk managers of the company are oriented on internal and external trainings development and a constant education of employees. In such a way, PowerCo makes an attempt to fight against its rivals in the global market. Moreover, they try to fight against overall occurrence of electricity campaigns and become global by means of investing and developing their human resources. Part I Case Study on Risk Management Introduction Risk management is one of the most important issues for the modern companies. A successful performance of a small and big company directly depends on the ability to apply risk management strategies correctly. The main objective of risk management is to identify, evaluate and mitigate potential external risks. Very often risk management strategy is applied for global or large companies. Small companies are left outside and very often managers of these companies do not care much about risk management strategy involvement as a possible solution to the companyââ¬â¢s problem. The following research consisting of two parts is outlined with regards to a common risk management cycle. The company chosen for further discussion is PowerCo international company producing electricity that has a potential to expand globally. With this respect, numerous challenges may occur. The future is unpredictable for successful companies or those who only start up their businesses. Nevertheless, many researches and
Sunday, August 25, 2019
Why Sex Education Should Be Taught In Schools Essay
Why Sex Education Should Be Taught In Schools - Essay Example The research will be that of a case study analyzing, in detailed and succinct manner, teenage pregnancies as the most effective factor in sex education. Recent research reveals that there have been high increases in the cases of teenage pregnancies. Studies conducted over the last five years state that for every 100 school going/teenage girls, two of them are dropouts due to pregnancies. The statistics or findings have been backed up by the increased abortion cases in the state. The major cause of abortion has been discovered to be teenage pregnancies. This discussion stresses that several questionnaires were distributed to several respondents in Chicago with an aim of investigating the peopleââ¬â¢s reactions, views, or attitudes towards sex education in schools. The questionnaires were distributed in three different areas; Oak Park, Cicero, and Illinois. Six hundred questionnaires were distributed in each location. The questionnaires were of two types, the different being the ages of correspondents. The first types targeted the old age, most of whom were married people with their kids at school. These questionnaires constituted to a third of the total number of questionnaires distributed in each region. The remaining two thirds were distributed to school going students, both in college, university, and high school.à Interviews were conducted on 100 people from different places in the state and results were recorded, and analyzed.
Saturday, August 24, 2019
Business Law Essay Example | Topics and Well Written Essays - 1500 words - 1
Business Law - Essay Example He meets Britneyà Arrows at a Chamber of Commerce Lunch on 2 October and offers to sell her his Ford Fiesta for ?2,000. Britney saysà that she will consider his offer and get back to him. Britney thinks about Peterââ¬â¢s offer for two weeks and thenà decides that she would like to buy the car. On 16 October, she sends a letter of acceptance to Peter at the addressà written on the business card which he gave to her at the lunch. As a result of the postal strike, Peter does not receiveà the letter until 20 October. Unfortunately, he sold the car to Samantha Snake on 18 October because he thoughtà that Britney must have decided that she did not want it. Britney is furious when she discovers what has happenedà and says that Peter has broken their contract.à In November, Peter is visited by the sales representative of a company called Microwave Madness Ltd.à Following their discussions, Peter agrees to order 10 microwaves and signs the sales agreement withoutà rea ding it. ... Last night upon arrival at work, Andre was told by the manager he would notà be allowed to work and that he was dismissed with immediate effect. On asking why, Andre was told thatà the till he operated was ?10 short. Andre became very angry at hearing this and swore at the manager andà the owner and threatened both with violence. He had to be forcibly removed from the pub.à 1. Advise Peter in relation to any contractual and tortious liability arising from these facts. You should address the following issues in your answer.à Peterââ¬â¢s potential contractual liability to Paris.à Peterââ¬â¢s potential contractual liability to Britney.à Microwave Madness Ltdââ¬â¢s liability to Peter under the law of contract AND tort.à (85 marks)à 2. Advise Andre as to whether or not he will have any rights against the pub.à 1. The first proposition relates to contract law and whether Peter has any contractual liability towards Paris. The first issue is whether a contrac t existed between Paris and Peter for the former to enforce any contractual rights against the latter. A contract is formed when there has been an unequivocal offer to enter into a contract by one party and that offer has been duly accepted and that acceptance has been communicated to the offerer. Therefore, an offer and an acceptance are two integral parts of a contract, in absence of either the contract would not be deemed existing. An offer is defined as an expression of willingness to enter into a binding contract. However, not all statements are offers: a communication that is not an offer could be a statement of intention (Harris v Nickerson), supply of information (Harvey v Farcey) or an invitation to treat. In a statement of
Friday, August 23, 2019
Total S.A. Company Essay Example | Topics and Well Written Essays - 2250 words
Total S.A. Company - Essay Example The companyââ¬â¢s upstream sector is seen to mainly consist of the companyââ¬â¢s vast exploration projects for the production of natural gas and crude oil; this is done alongside various gas and electricity developmental activities and coal mining operations. TOTALââ¬â¢s downstream unit is seen to mainly focus on trading of petroleum products, their marketing as well as refining operations while its chemical division is seen to include the production of various rubber products that are made by its Hutchinson subsidiary. The bulk of the rubber products produced by this subsidiary are usually mostly targeted at the automotive industry. Other chemical products that the company produces include resins, adhesives, inks and paints (Reuters, 2013). When the company was initially formed in 1924 after the first world war, it was initially named as compagnie Françse des Pà ©troles. At the time of its formation , the French government considered the company as being of critical strategic importance in the event that there happened to be another war with Germany. After the war, the French secured a 25 percent stake in the by then fledgling Turkish Petroleum company whose shares were mostly held by Germanyââ¬â¢s Deutsche Bank. ... He incorporated some parts of Orkem chemical group into Totalââ¬â¢s various chemical operations. The chemical division was responsible for the production of resins, inks, paints and adhesives. At the time of his taking over the companyââ¬â¢s chairmanship, Total company had slowly turned into a complexly organized, extremely bureaucratic and sleepy company and as a result, the company had inadvertently ceded its coveted position of being Franceââ¬â¢s largest oil company to its rival Elf Aquitaine. Serge managed to turn the company into an aggressive, more modern and sleeker company by abolishing and estimated over two hundred Total company subsidiaries as well as closing down about one-seventh of all of the companyââ¬â¢s service stations network (company-Histories.com, 2013), this effectively resulted in the elimination of about 6.500 jobs and saved the oil company hundreds of millions of francs in various expenses. The company also formulated new strategies that helped it defocus its production form the more unstable Middle East and aimed to shift about 50 percent of all its production to areas outside the Middle East. By 1995, the insistence of Tchuruk on ensuring that the company ensured that it beefed up its gas business was instrumental in causing the company to become the worldââ¬â¢s third largest gas producer (company-Histories.com, 2013). The companyââ¬â¢s name was later changed to Total in the year 1991 when company became listed as a public company and commenced trading on the New Stock Exchange. Tchuruk played a critical role in convincing the French government to ensure that it reduced its direct share holding investment in the oil to 5.4% which was an important move that helped the company increase its own independence as well as its ability to act
Taming the Wild West Essay Example | Topics and Well Written Essays - 1500 words
Taming the Wild West - Essay Example The Indians mainly lived in the west, which was vast comprising of the Appalachian and all the way to the Pacific. Indians had claimed this land and used it mainly for hunting as their main economic activity (Filson p 21). The Germans and the Scotts-Irish settlers later arrived in Philadelphia in search of unclaimed lands and settled near Appalachian, which consisted part of the land claimed by the Indians. There was no conflict since the relationship between the settlers and the Indians was mutual in the sense that the Scotts-Irish traded with Indians and adopted some hunting styles. As time went by, the Trans-Appalachian developed to become a frontier of three empires, which comprised of the Iroquois Confederacy, French, and Indians. The British seemed to hardly be satisfied by this settlement and decided to start war with French troops in order to control French expansion in some key areas like Fort Duquesne (Filson p 22). Virginia on the other hand created an armed regiment of pr ovincial regulators in order to attack Braddockââ¬â¢s British regulators that raided Indian country. The Indians held their position that the land belonged to them and had the right to prevent any foreign settlements. The war saw the French prevailing finally but the Indian allies never stopped to claim their land and continued attacking British soldiers (Filson p 45). Comparison between Kit Carson and Daniel Boone Daniel Boone had initiated several hunting trips to Eastern Kentucky from 1768 and later decides to land his family in North Carolina through Cumberland Gap before becoming a military officer. He was an American militant officer during the American revolutionary war. Like Kit Carson, he was a frontier and a great fighter who helped the Americans fight against the British. At one time, he was parallel to the Indians fighting against the British but he later joined the Europeans to help in protecting their territories based in Virginia. Kit Carson was also an American fi ghter and a frontiersman (Abbott 31). He was an Indian fighter against the Europeans and their settlements in America. His territory became the West after he had left home at a tender age to become a mountain man as well as a trapper in the West. Both Carson and Boone were couriers and scouts aiding the Americans but Boone joined the British troops later to protect their territories. Boone fought in various battles including the Blue Licks Battle. He has remained legend of his lifetime and become famous in both Europe and America. He became a key subject of heroic tales as well as a major icon in fiction works.Ã
Thursday, August 22, 2019
Role of ATP in Supporting Energy to the Body Essay Example for Free
Role of ATP in Supporting Energy to the Body Essay When food is ingested, it is broken down into components and utilized in a specific manner in three major cellular pathways to provide energy for the cells and the body.à Ultimately, these pathways involve the breakdown and utilization of food, the utilization of O2 and the production of CO2, the generation and regeneration of ATP and the production of water.à Therefore, these processes involve respiration as well as the breakdown and utilization of food and oxygen. Three major pathways are involved:à glycolysis which takes place in the cellular cytoplasm and breaks down glycogen and glucose from food, the Krebs Cycle which occurs in the mitochondrion and oxidative phosphorylation which occurs in the mitochondrion. à à à These three pathways occur in two cellular locations.à Glycolysis takes place in the cytoplasm and The Krebs Cycle and oxidative phosphorylation take place in the mitochondria.à During these three pathways, there is a utilization and production of ATP that biochemists follow closely.à It results in the net production of 36 molecules of ATP. à à à à To understand the entire process that illustrates how food is broken down and utilized in the body, it is instructive to follow a bolus, that is, food consumed, chewed and swallowed.à Each step involves some aspect of digestion that breaks down complex sugar and protein molecules into smaller units.à Proteins are broken down into peptides and amino acids while starches and other complex sugars are broken down into glucose. The glucose undergoes glycolysis in the cellular cytoplasm beginning with the enzyme hexokinase, and the entire process of glycolysis is controlled by the rate limiting enzyme phosphofructokinase (PFK).à Kinase enzymes (enzymes that break down ATP) are common all along the three pathways involved, glycolysis, the Krebs Cycle (also called the Citric Acid Cycle and the Tricaroxylic Acid Cycle) and phosphorylative oxidation.à Kinases are enzymes that break down or utilized ATP, ADP and AMP as their substrate or one of their substrates. à à à à Fiske and Subbarow discovered and characterized ATP in 1929.à At that time, the work of some demonstrated that the breakdown of ATP provided energy for muscle contraction, but other studies demonstrated that there was ATP synthesis during glycolysis and during electron transport.à Although ATP is made throughout the cell, the cellular location of ATP synthesis varies with the biochemical pathways associated with ATP synthesis. à Although one common pathway of ATP synthesis and breakdown is associated with the adenylate kinase reaction that forms two ADP molecules from ATP and AMP, studies in the late 1920s and beyond demonstrated that ATP synthesis was also associated with glycolysis and during electron transport.à In 1949, Kennedy and Lehninger demonstrated that ATP synthesis and the citric acid cycle occur in the mitochondria.à We now recognize that ATP synthesis and breakdown can be associated with specific biochemical pathways in the cell cytoplasm and in the mitochondria. à Some enzymes are sensitive to the ratio of ATP to AMP and to the presence of ADP.à This realization led to the concept of the energy charge, the relative concentration of ATP to ADP to AMP in the cell.à An energy charge of 1.0 represents all ATP, and energy charge of 0 represents all AMP and an energy charge of 0.5 represents all ADP or equal amounts of ATP and AMP or some combination of the two.à These ratios, and thus the energy charge are important to the cell because many cellular enzymes such as PFK are sensitive to and regulated by the relative amounts of the adenine nucleotides, ATP, ADP and AMP. Glycolysis à à à à Glycolysis, also referred to as the Embden-Meryhof-Parnas pathway (figure 1), is essentially the breakdown of glucose in the cytoplasm of the cell.à The glycolytic process can begin with glucose or glycogen.à During the process, glycolysis generates the high energy compounds ATP and NADH that serve as the energy sources in the cell.à Among the many cellular roles for glycolysis, it serves three central cellular functions.à First, it generates high energy molecules such as ATP and NADH. It also produces pyruvate for the Krebs cycle and a variety of three and six carbon compounds involved in the intermediary metabolism of the cell.à The rate limiting enzyme for glycolysis, that is, the key enzyme that controls the glycolytic pathway, is phosphofructokinase (PFK).à PFK is feedback inhibited by high levels of ATP which acts by lowering the affinity of the substrate F6P for PFK.à AMP can reverse the inhibitory effect of ATP rendering PFK, and thus the control of glycolysis very sensitive to the ratio of ATP/AMP in the cytoplasm. à à à à The final product arising from glycolysis depends on the cellular conditions.à Whereas glycolysis begins with glucose or glycogen, it ends with the production two molecules of the three carbon compound pyruvate.à Under anaerobic conditions, pyruvate is reduced to form lactic acid or ethanol and under aerobic conditions pyruvate loses CO2 and forms the product acetyl-coenzyme A as a result of oxidation of pyruvate to carbon dioxide and water in the citric acid cycle within the mitochrondia.à Glycolysis occurs in the cellular cytoplasm and the Krebs Cycle and oxidative phosphorylation occur in the mitochondria. à à à à Glycolysis results in the formation of fructose from glucose and the formation of glyceraldehyde 3-phosphate, 3-phosphoglycerate and compounds along the pathway on the way to splitting the resulting 6-carbon compound into two three carbon units of pyruvate.à In the process, NAD+ serves as a hydrogen carrier and is reduced to NADH, the oxidized form of NAD+. In the cell, the oxidation of aldehyde to carboxylic acid is very complex and strongly exergonic and is generally coupled to ATP synthesis.à Glucose goes to Glu-6-P to Fructose with the breakdown of two ATP molecules.à Fructose gives rise to glyceraldehyde-3-phosphate which is ultimately splite in a complex reaction chain to phosphoglycerate, phosphoenolpyruvate which is finally split into two molecules of pyruvate by pyruvate and the regeneration of the two ATP molecules previously utilized. Glycolysis Figure 1. Embden-Meryhof-Parnas pathway, also known as glycolysis.à Reproduced from Michael W. King, Wednesday, 22-Mar-2006. The Citric Acid Cycle à à à à The Citric Acid Cycle (Figure 2) is the most complex of the three components associated with carbohydrate metabolism and the consumption of food.à It involves the following eight enzymes and the components they use as substrate:à Citrate Synthase, Aconitase, Isocitrate Dehydrogense, alpha-ketoglutarate Dehydrogenase, Succinyl-CoA Synthetase, Succinate Dehydrogenase, Fumarase, Malate Dehydrogenase.à The generation of acetyl-CoA from carbohydrates is a major control point of the Krebs cycle.à Therefore, glycolysis and the rate limiting enzyme of glycolysis, PFK, play a role in the control of the Krebs cycle.à The oxidation of an acetyl group is a difficult chemical process and may be the reason that nature developed the Tricarboxylic Acid Cycle (TCAC), also known as the Citric Acid Cycle and the Krebs Cycle. The Krebs cycle begins when the products of glycolysis leave the cytoplasm (cytosol) and enter the mitochondria.à Once glycogen or glucose have been broken down into two three carbon units of pyruvate, the pyruvate can be further broken down into a high energy compound called acetyl-CoA resulting in the production of CO2 and water.à Acetyl-CoA combines with oxaloacetate (also spelled oxalacetate) to form the 6 carbon compound citrate.à From this condensation reaction, a complex array of biochemical reactions take place that involve various molecular transformations such as isomerizations and molecular rearrangements. These various steps result in transformations from the 6-carbon condensation that gave rise to citrate and subsequent 6-carbon units of cis-aconitate, isocitrate to a five carbon unit of alpha-ketoglutarate to the four carbon units of succinate, fumarate, malate and oxaloacetate which, once regenerated is available to combine with another high energy acetyl-CoA and form another unit of citrate under the influence of the enzyme citrate synthetase.à After citrate is formed, two carbon atoms are removed as CO2 as the various TCAC intermediates are formed leading to the regeneration of the 4-carbon oxaloacetate. There are several oxidation steps on the way to the reformation of oxaloacetate.à Each step feeds reducing agents, either NADH or FADH, into the cycle on the way to regenerating oxaloacetate from citrate.à The reducing agents (or reducing equivalents) remove hydrogen from the enzyme substrates.à So, the reducing agents serve as a pool of hydrogen carriers and allow for the further synthesis of ATP during electron transport.à The TCAC results in the production of 2 ATP molecules, 10 carrier molecules and CO2 from each molecule of glucose. Glycolysis and the Krebs Cycle Figure 2. Glycolysis and the Krebs Tricarboxylic Acid Cycle (TCAC).à Reproducedà à à à à à à à à à à from David R. Caprette, 2005. Electron Transport à à à à The complex molecules that were reduced during the Krebs Cycle are re-oxidized by means of the electron transport system. (Figure 3)à Although TCAC results in the production of 2 ATP molecules from each molecule of glucose, electron transport gives rise to 34 ATP molecules and water from the carrier molecules.à Therefore, the majority of the ATP in the cell must be produced in the mitochondria.à The re-oxidation of reduced NADH and FADH2 by O2 involves a sequence of electron carriers in what has become known as the electron transport chain.à It ultimately results in the generation of three molecules of ATP from ADP and inorganic phosphate for every oxygen molecule involved. This process is called oxidative phosphorylation and is the principal source of usable energy (in the form of ATP) in the cell.à It is provided by the breakdown of both carbohydrates and fats.à In the process, reduced NADH transfers a hydrogen atom plus two electrons (a hydride ion and H-).à Two complex molecules, NAD+ and FAD+, serve as the pool of hydrogen carriers and thus act reducing agents in the mitochondria; NAD+ is reduced to NADH and FAD is reduced to FADH2.à These compounds serve as electron carriers because their oxidation or reduction, the transfer of H+ (a proton), is accompanied by one or two of the electrons. The electrons donated from NADH or FADH2, upon entering this complex, travel from one carrier to the next, with each carrier being a somewhat more powerful oxidant than the previous one.à The hydrogen donated by the reducing agents combines with O2 such that with each molecule of O2 combines with 4 H+ to form water.à Therefore, two molecules of NADH must pass four electrons down the electron transport chain for each reduced oxygen molecule (O2). The chemical structures of the components of the electron transport chain fall into several distinct classes.à Most are proteins that contain special coenzymes called prosthetic groups.à Although they differ in chemical structure, a major difference between NADH and FADH2 is that NADH difuses freely between the dehydrogenases transfer hydrogen to it whereas FAD+ and FADH2 do not.à Another class of electron carriers in the mitochondrial membranes is iron-sulfur [Fe-S] clusters that are bound to proteins and release Fe3+ or Fe2+ plus H2S when acidified.à All of the carriers only appear to carry one electron at a time. à à à à Ubiquinone or Coenzyme Q is a third hydrogen carrier localized in the mitochondrial membranes.à It is a common electron carrier that collects electrons from three or more points of input along the electron transport chain and passes them to molecular oxygen.à Unlike the other mitochondrial electron carriers, ubiquinone is not uniquely associated with proteins.à The cytochromes are a final class of electron carrier localized in the mitochondrial membrane.à Cytochromes are small, chemically distinct proteins that contain heme.à Like the other electron transport agents, the cytochromes only carry a single electron.à Cytochromes pass electrons from cyt bcyt ccyt acyt a3O2 Electron Transport/Oxidative Phosphorylation Figure 3. à Electron Transport during Oxidative Phosphorylation.à Reproduced from M. W. King, 2001. Summary à à à à The pathways discussed here involve food consumption and energy utilization arising from food consumption.à Once food is taken in and reaches the stomach, it enters the body and the cells of the body.à Before digestion, food consists of complex, long chain molecules that must be broken during digestion beginning in the mouth and continuing in the stomach.à Once digested food reaches the cells, long chain molecules such as starch and other complex carbohydrates are further broken down into glucose.à Glucose, a six carbon compound, undergoes the process of glycolysis in the cellular cytoplasm to become two three carbon units of pyruvate. Under anaerobic conditions, pyruvate goes to lactic acid or ethanol, but in the presence of oxygen, pyruvate breaks down into a two-carbon compound, Acetyl-CoA and enters the Krebs Cycle.à There, food can be used to form energy for the cell in the form of ATP.à In the mitochondria, 36 molecules of ATP are formed for each molecule of O2.à Two ATP molecules arise from the Krebs cycle and 34 molecules arise from electron transport for each molecule of oxygen.à Thus, food consumed and oxygen taken in combine to replenish the energy supplies in the body in the form of ATP. References Caprette, David R.à Substrate Oxidation:à Krebs Reactions.à Experimental Biosciences 31 May, 2005.à The Krebs Cycle:à http://www.ruf.rice.edu/~bioslabs/studies/mitochondria/mitokrebs.html, Thursday, 7 June 2007. King, Michael W. Digestion of Dietary Carbohydrates.à Wednesday, 22-Mar-2006 Glycolysis: http://web.indstate.edu/thcme/mwking/glycolysis.html, Thursday, 7 June 2007 King, Michael W. Principals of Reduction/Oxidation (Redox) Reactions. Friday, 30 Mar-2007.à Oxidative Phosphorylation:à http://web.indstate.edu/thcme/mwking/oxidative-phosphorylation.html, Thursday, 7 June 2007.
Wednesday, August 21, 2019
Health and Safety in Health and Social Care Case Study
Health and Safety in Health and Social Care Case Study Health and Safety in Health and Social Care Work place Acknowledgements In to the part of acknowledgement section of this assignment author can say that this paper is a compact study about the activities of health and social care center as well as their operations. In this paper author gave a brief discussion about the matters which are directly engaged to the health and social care service center. Hare author discussed about the various operative methods of the operations of health care center. Every date of this paper was collected from the web based journal, various articles, as well a health care related blogs. Into the second steps legislation parties play their role in health and social care center. In this stage of organizational structure parties of legislation basically makes the rules of the organization. Legislation parties basically deals with the code of conduct of the health and social care center. An organizational requirement means the required constitutions of the health and social care organization. Some basic requirements always are pr esent into the every organization. According to the requirements of the organization various needs and demands arise for the betterments of treatments facility of health and social care services. Care worker are the key parties which parties basically deals with the service providing related jobs. They are the parties in these steps who are responsible for providing the services to the patients. Support authority will be responsible to give better supportive requirements to operate the organizations in a proper manner. The basically responsible every kind of utility support as well as technological based support. The management committees of health and social care center firstly responsible for every kind of supervisor related task which are accomplished by the services worker who deliver the main service. Various legislative parties also play a direct vital role for delivering quality services as well. Effective mode of communication in this regard must be a important factor for th e betterment of quality services. Effective way of communication makes it easier to operate the service center with a specific manner. Proper utilization of utilities duties and responsibilities put the service quality into a good situation. Good quality service always be in the first priority in regards of the health and social service center as well. Contents (Jump to) Title Pagenumbers Introduction 4 Case Study-1 In health and social care organizations: review systems, policies and procedures used in communicating and maintain health and safety at work in accordance to legislative requirements. 5 From this case study 1 above; analyze health and safety priorities that are important to Mr Wââ¬â¢s health and wellbeing. In relation, analyzer the impact of one aspect of health and safety policy on MR.W and health and safety practice 5 Draw your organizational chart using this as a guide; assess the responsibilities in a specific health and social care workplace for management of health and safety in relation to organizational structures 67 Using the case study 1 above, Produce a risk assessment based on your work and analyzer how information from these are used in identifying service-userââ¬â¢s needs and organizational decision-making. 8 Case Study-2 Using the above case study 2, Discuss how you would address this situation (i.e. the dilemma) in line with implementing systems and policies for health and safety issues and evaluate your own contribution to promote Health Safety of service-user. 9 Give examples of non-compliances around Health and Safety Policies in the home and analyse the effect in health and safety workplace. 10 Give examples of two Health and Safety policies, analyzer their effectiveness in promoting positive and healthy practice. Explain how the organizational policies and practices are supervised and reviewed. 10 References 11 Introduction: Health and social care services center always being a challenging sector. This sector must have to be dynamic as because service continuously getting more complex and dynamic as well in this sectors. In to the workplaces of health and social care services center better working environment plays a vital role in terms of delivering better quality services in to a specific manner. Working environment with poor or improper safety and security system always being a clumsy environment. People will always be de-motivated to work in such kind of working environment. As because of poor safety and security system employee and all staff will be more injured will be sicker. Because of this only reason small inconvenient will turn into a huge or big or dangerous consequences. As a result illness, low productivity, de-motivation these kinds of issues will arise into the work places. In this regard we can definitely say that safety legislations will very much indeed into the workplace as well as he alth and social care center. The management committees of health and social care center firstly responsible for every kind of supervisor related task which are accomplished by the services worker who deliver the main service. Various legislative parties also play a direct vital role for delivering quality services as well. Effective mode of communication in this regard must be a important factor for the betterment of quality services. Effective way of communication makes it easier to operate the service center with a specific manner. Proper utilization of utilities duties and responsibilities put the service quality into a good situation. Good quality service always be in the first priority in regards of the health and social service center as well. Case Study1 The review systems of policies and procedures used in communicating and maintain health and safety at work in accordance to legislative requirements in terms of health and social care organization: Health and social care service center always being a challenging organization. We said this challenging as because of it is the places where various patients continuously come for their treatment. Working environment with poor or improper safety and security system always being a clumsy environment. People will always be de-motivated to work in such kind of working environment. As because of poor safety and security system employee and all staff will be more injured will be sicker. Because of this only reason small inconvenient will turn into a huge or big or dangerous consequences. As a result illness, low productivity, de-motivation these kinds of issues will arise into the work places. In this regard we can definitely say that safety legislations will very much indeed into the workplace as well as health and social care center. Implementation of the legislation into the health and social care center knows no bounds. Requirements needed for example proper communication; various ris k assessments, effective responsibilities, proper legislative requirements as well as perfect utilization of technologies. Health and safety priorities that are important to Mr. Wââ¬â¢s health and wellbeing. In relation, analyze the impact of one aspect of health and safety policy on MR.W and health and safety practice. According to the case study one he we can say that from all preferences health and safety priorities would be the more important in this situation of Mr. W. After reading the case study one we know that Mr. W leaves a lonely life. Every object around his leaving places are scattered. According to the wellbeing of Mr. W firstly steps should be taken to clean up the environment around him. We already know that he got a dog which always remains with him. A strategy that means a policy should be taken for the improvement of Mr. W healthier position. Health and social care authority can play important role in this regard. In case study one we can understand that Mr. W is in a poor condition with poor psychiatric illness. And also he leaves into the home with his dog only. In this regard his Psychiatric condition will be in a harmful condition. In this regard friendly and supportive attitude will be more effective. First of all Mr. W have to be understand that health and social care agents came here for the betterment of his health. Draw your organizational- chart using this as a guide-assess the responsibilities in a specific health and social care workplace for management- of health and safety in relation to organizational structures. Organizational Structure is an important part for every organization. A good and appropriate structure will be more effective for the betterment of service. In regards of health and social care service. A good organizational structure always plays a vital role for every organization. According to my own view the organizational chart of a health and social care are as follows Government first of all is always be an important part of health and social care service related center. Basically they are the key factors which always make the supportive conditions. Also Government played a direct role in terms of making the all kinds of key decision. Into the second steps legislation parties play their role in health and social care center. In this stage of organizational structure parties of legislation basically makes the rules of the organization. Legislation parties basically deals with the code of conduct of the health and social care center. An organizational requirement means the required constitutions of the health and social care organization. Some basic requirements always are present into the every organization. According to the requirements of the organization various needs and demands arise for the betterments of treatments facility of health and social care services. Care worker are the key parties which parties basically deals with the service providing related jobs. They are the parties in these steps who are responsible for providing the services to the patients. Support authority will be responsible to give better supportive requirements to operate the organizations in a proper manner. The basically responsible every kind of utility support as well as technological based support. Using the case study 1 above, Produce a risk evaluation based on your work and analyze how information from these are used in identifying service-userââ¬â¢s needs and secretarial administrative. According to the case study one risk evaluation methods and analyze the information based on the health and social care structure are as follows: Organization name: Home Care Center What are the hazards? might be harmed and how? What are you already doing? Do you need to do anything else to manage this risk? Action by whom? Action by when? Complete Where +How Psychiatric related Environmental Supportive legislative Improper evaluation of strategy and supervise Taking action from previous fault. With proper strategy Alternative Strategy of evaluation Legislative and supportive authority 01/10/2014 Supportive parties Nurses utility From the above chart here we try to show the demo of a action might be taken by the health and social care center. Case Study-2 Using the above case study 2, Discuss how you would address this situation in line with implementing systems and policies for health and safety issues and evaluate your own contribution to promote Health Safety of service-user. According to the situation of case study-2 we can understand the Mr. H attacked by severe diseases. He also wants to leave a independent life with a peaceful manner into his home. We already know that he also got a nurse for the treatment of his daily life as well. According to the statement of case study 2 Mr. H love to visit newspaper store in every morning to read his favorite newspaper as well but the matter for fact is mr. H doesnââ¬â¢t have any road awareness. In this situation nurse can play a vital role. As because of he donââ¬â¢t have any road awareness In this regard he need a supportive nurse to supervise or the support during the time of visiting the outside of home. Give examples of non-compliances around Health and Safety Policies in the home and analyze the effect in health and safety workplace. Non compliences issues some times arise in the heath and social care service center. A strategy that means a policy should be taken for the improvement of Mr. W healthier position. Health and social care authority can play important role in this regard. In case study one we can understand that Mr. W is in a poor condition with poor psychiatric illness. And also he leaves into the home with his dog only. In this regard his Psychiatric condition will be in a harmful condition. In this regard friendly and supportive attitude will be more effective. First of all Mr. W have to be understand that health and social care agents came here for the betterment of his health. A strategy that means a policy should be taken for the improvement of Mr. W healthier position. Health and social care authority can play important role in this regard. In case study one we can understand that Mr. W is in a poor condition with poor psychiatric illness. And also he leaves into the home with his dog only. In t his regard his Psychiatric condition will be in a harmful condition. In this regard friendly and supportive attitude will be more effective. First of all Mr. W have to be understand that health and social care agents came here for the betterment of his health. Non-compliance factors engaged directly or indirectly with the health and safety policy of home and residential cares center as well Give examples of two Health and Safety policies, analyze their effectiveness in promoting positive and healthy practice. Explain how the organizational policies and practices are supervised and reviewed. The policy and procedure must have to be more supervised and proper manner according to the health and social care center activities with a specific manner. Health and safety related factors would be more supervised as because of deliver proper treatment of patientââ¬â¢s healthier position Health and social care service center always being a challenging organization. We said this challenging as because of it is the places where various patients continuously come for their treatment. Working environment with poor or improper safety and security system always being a clumsy environment. People will always be de-motivated to work in such kind of working environment. As because of poor safety and security system employee and all staff will be more injured will be sicker. Because of this only reason small inconvenient will turn into a huge or big or dangerous consequences. As a result illness, low productivity, de-motivation these kinds of issues will arise into the work places. In thi s regard we can definitely say that safety legislations will very much indeed into the workplace as well as health and social care center. Implementation of the legislation into the health and social care center knows no bounds. Requirements needed for example proper communication; various risk assessments, effective responsibilities, proper legislative requirements as well as perfect utilization of technologies. References Websites Wikipedia https://barbradozier.wordpress.com Health service .com Books Watterson A (2003) Public Health in Practice; ISBN 0-333-94617-0 Paperback Health Promotion in Multicultural Populations- A Handbook for Practitioners and Students Second Edition Health and Safety Executive (2001) ââ¬â health and Safety in Residential Care Homes (HSE Books) ISBN: 0717620824. Morath JM and Turnbull JE (2004) ââ¬â to do no harm ensuring patients safety in health care organisations (Jossey Bass Wile ) ISBN: 078796770X. Sprenger (2003) ââ¬â Health and Safety Management (Highfield) ISBN: 1871912040.
Tuesday, August 20, 2019
The Procurement Of Construction Project Construction Essay
The Procurement Of Construction Project Construction Essay The procurement of construction project is vast in scope because it involves the gathering and organizing of myriads of separate individuals, firms and companies to design manage and build construction products such as houses, office buildings, hotels, shopping complex, roads, bridges etc. for specific clients or customers. Procurement comes the word procure which literally means to obtain by care or effort, to bring about and to acquire. System is about organized method, approach, technique, process or procedure. In this context, project procurement is very much concerned with the organized methods or process and procurements of obtaining or acquiring a construction product such as a house, hotels and shopping complex or road and jetty. It also involves arranging and coordinating people to achieve prescribed goals or objectives. In some instances the procurement method will have already been decided before an architect is appointed, either as the result of company or authority laid down policy because the choice has already been made by the client advised by a lead consultant who is not the architect. There are many different procurement routes, it is appropriate for the mainly common routes are the traditional procurement route, the design and build procurement route and the management procurement route. Which procurement method is likely to prove the most appropriate in a given situation will depend upon the nature and scope of the work proposed, how the risks are to be apportioned, how and where responsibility for design is to be placed, how the work is to be coordinated, and on what price basis the contract is to be awarded. An important point to remember is that the choice of form of contract cannot usually be settled until the procurement method and the type of contract have been established. This will mean considering of Design responsibility, Coordination responsibility, Price basis, Plan of Work and Assessing the risks. Client Profile Cinnamon Grand is a privately owned large hotel chain in the UK. They offer comfortable accommodation across the UK and are committed to preserving the rich heritage therefore they are very passionate about the outlook of their hotel buildings. Cinnamon Grand have a strategy of adopting neglected landmark buildings and bringing them back to their former magnificent look. Subsequently, the hotel management board (client) is experienced at renovation of buildings. Although Cinnamon Grand is use to dealing with the construction of hotel buildings, they do not have an in-house executive who is either experienced enough or is able to devote sufficient time to advise the reconstruction of their properties. Project Background A recent period of bad weather and severe storms has resulted in three Cinnamon Grand hotels being significantly destroyed in the South East of the UK. All destroyed hotel buildings are located in prime locations in town settings. In August 2012, the hotel management board agreed to reconstruct the destroyed buildings to create a vibrant and attractive environment that can be enjoyed by all. The hotel management is keen on taking this unexpected event as an opportunity to improve the quality of buildings and facilities provided. The design solutions will be developed along similar lines adopted for previous hotel buildings, but the intention is to reconstruct the three hotels to match an existing hotel or even better quality than they were before the severe storm. Although the nature of damage significantly varies from one building to another, all sites will require the demolition of a number of existing structures that are not structurally sound enough to retain and reconstruct. The Client decides to undertake the three buildings under two phases. Phase 1 include roofs, guest rooms, restaurant and swimming pools. Phase 2 include dance studios, health and fitness centre and conference and meeting rooms. Clients Policy Cinnamon Grand have to invest a great deal of time, money and effort to ensure that reconstruction is always sensitive and does not compromise the dignity of the buildings and services provided. Project Budget/ Cost The Client has decided to obtain finance from a Commercial Bank which is estimated at à £120million. Project Schedule/ Time The completion date of Phase 1and 2 are critical, as the buildings require handover by 28thFeb2015 at the very latest, due to the opportunity cost of closing down business following the storm damage. The planned start date on site is 1stMarch2014. Therefore the priority should be given to rapid reconstruction of following key areas of the hotels which makes them re-open to business on 1stApril 2015. Quality (functionality and performance) Quality of the buildings is very important to the Client, as their reputation was founded on quality of accommodation and service. Reconstruction works would have to match an existing hotel or even better. Comparison of Procurement Route Type of route Speed Complexity Quality Flexibility Traditional procurement route Not the fastest of methods. Desirable to have all information at tender stage and consider two stage or negotiated tendering Basically straightforward, but complications can arise if client requires that certain sub-contractors are used. Client requires certain standards to be shown or described. Contractor is wholly responsible for achieving the stated quality on site. Client controls design and variations to a large extent Design and Build procurement route Relatively fast method. Pre-tender time largely depends on the amount of detail in the clients requirements. Construction time reduced because design and building proceed in parallel. An efficient single contractual arrangement integrating design and construction expertise within one accountable organisation. Client has no direct control over the contractors performance. Contractors design expertise may be limited. Client has little say in the choice of specialist sub-contractors. Virtually none for the client once the contract is signed, without heavy cost penalties. Flexibility in developing details or making substitutions is to the contractors advantage. Management procurement route Early start on site is possible, long before tenders have even been invited for some of the works packages. Design and construction skills integrated at an early stage. Complex management operation requiring sophisticated techniques. Client requires certain standards to be shown or described. Managing contractor responsible for quality of work and materials on site. Client can modify or develop design requirements during construction. Managing contractor can adjust programme and costs. Type of method Certainty Competition Responsibility Risk Summary Traditional procurement route Certainty in cost and time before commitment to build. Clear accountability and cost monitoring at all stages. Competitive tenders are possible for all items. Negotiated tenders reduce competitive element. Can be clear-cut division of design and construction. Confusion possible where there is some design input from contractor or sub-contractor or suppliers. Generally fair and balanced between the parties. Benefits in cost and quality but at the expense of time. Design and Build procurement route There is a guaranteed cost and completion date. Difficult for the client to compare proposals which include for both price and design. Direct design and build very difficult to evaluate for competitiveness. No benefit passes to client if contractor seeks greater competitiveness for specialist work and materials. Can be a clear division, but confused where the clients requirements are detailed as this reduces reliance on the contractor for design or performance. Limited role for the clients representative during construction. Can lie almost wholly with the contractor. Benefits in cost and time but at the expense of quality. Management procurement route Client is committed to start building on a cost plan, project drawings and specification only. Management contractor is appointed because of management expertise rather than because his fee is competitive. However competition can be retained for the works packages. Success depends on the management contractors skills. An element of trust is essential. The professional team must be well coordinated through all the stages. Lies mainly with the client almost wholly in the case of construction management. Benefits in time and quality but at the expense of cost. Recommendation to Client We would like to advise client to use design and build procurement route for hotel construction because you do not have in house executive experience in reconstruction of this project. So risk avoidance/allocation is very important for your management. According design and build procurement route, Risk can lie almost wholly with the contractor. Secondly you are concerning about possible project delays and overrun of costs beyond projects budgeted allowances. That why design and build procurement route is fast method because design and building proceed in parallel and reduced the construction time. Also there have guaranteed cost certainty and completion date. So design and procurement route is the most suitable method for this project because this route is benefits in cost and time but at the expense of quality. In this method you have no direct control over the contractors performance and contractors design expertise may be limited. But for quality, your agent or consultant may supervise the works and ensure that the contractors proposals of materials and workmanship are complied with and the work is of the required standard. Based on above reasons, we highly recommend you to use the method of design and build procurement.
Monday, August 19, 2019
The Uncontrolled Ambition of Macbeth and Lady Macbeth Essay -- Macbeth
The Uncontrolled Ambition of Macbeth and Lady Macbeth à à à There is basically uncontrolled ambition throughout William Shakespeare's tragic drama Macbeth. In this essay we will explore numerous examples of this on the part of the two protagonists, Macbeth and Lady Macbeth. à Blanche Coles states in Shakespeare's Four Giants that the protagonist's ambition was not the usual narrow, personal ambition: à He has admitted to a vaulting ambition. We have no other evidence of personal ambition except, possibly, his own word in this speech. Onrushing events crowd the thought out of his mind and out of our view. We do have ample evidence of his ambition for his family, ambition for a son who might succeed him. [. . .] We think normally of ambition as a personal thing, but it is not always so. Macbeth's stupendous imagination, as revealed later in the play, gives him a breadth of vision altogether out of keeping with a narrow, personal ambition. (50-51) Samuel Johnson in The Plays of Shakespeare explains the place of ambition in this tragedy: à The danger of ambition is well described; and I know not whether it may not be said in defence of some parts which now seem improbable, that, in Shakespeare's time, it was necessary to warn credulity against vain and illusive predictions. The passions are directed to their true end. Lady Macbeth is merely detested; and though the courage of Macbeth preserves some esteem, yet every reader rejoices at his fall. (133) à In "Memoranda: Remarks on the Character of Lady Macbeth," Sarah Siddons mentions the ambition of Lady Macbeth and its effect: à [Re "I have given suck" (1.7.54ff.)] Even here, horrific as she is, she shews herself made by ambition, b... ...iion of Critical Essays. Alfred Harbage, ed. Englewwod Cliffs, NJ: Prentice-Hall, Inc., 1964. à Johnson, Samuel. The Plays of Shakespeare. N.p.: n.p.. 1765. Rpt in Shakespearean Tragedy. Bratchell, D. F. New York, NY: Routledge, 1990. à Kemble, Fanny. "Lady Macbeth." Macmillan's Magazine, 17 (February 1868), p. 354-61. Rpt. in Women Reading Shakespeare 1660-1900. Ann Thompson and Sasha Roberts, eds. Manchester, UK: Manchester University Press, 1997. à Shakespeare, William. The Tragedy of Macbeth. http://chemicool.com/Shakespeare/macbeth/full.html, no lin. à Siddons, Sarah. "Memoranda: Remarks on the Character of Lady Macbeth." The Life of Mrs. Siddons. Thomas Campbell. London: Effingham Wilson, 1834. Rpt. in Women Reading Shakespeare 1660-1900. Ann Thompson and Sasha Roberts, eds. Manchester, UK: Manchester University Press, 1997. Ã
Sunday, August 18, 2019
criminal factors Essays -- essays research papers
What makes criminals? Have you ever wondered why some social groups are more prone to crime than others are? Should we conclude that some groups are more prone to crime or that they are just put in a situation that makes them more likely to commit crimes? In spite of the research in the past years there is still no conclusive evidence as to why some people in the same situations choose to commit crimes while the others donââ¬â¢t. There are numerous reasons that offenders resort to crime; Families, gender, economic status, age, and race are all valid explanations said by many theorists as to why certain social groups commit crimes, and why certain groups stay away. Married life is the norm of our society but it can also cause strain and anguish. Along with the anointing of a new life, there also comes new problems. Often times the choice of getting married is the first major decision in a young man or womanââ¬â¢s life, and soon there are more relatives, more bills, conflicting plans, annoying habits that oneââ¬â¢s spouse may develop, children, being that fifty percent of all marriages end in divorce, these are things that most couples cannot overcome, society is to the point where for every marriage there is a coinciding divorce. When these new hurdles are not overcome then a broken home is the most common result. When this happens, then the likelihood of a person being driven to crime skyrockets. One starts to think that they are worthless and that they are destined to be lonely forever, once this occurs, crime is their next option. A broken family can generate in different ways, divorce, death, or separation. Marriage is a common but no t the most likely reason that some resort to crime. Someone who usually commits a crime at a young age is often identified as a born criminal, these reckless actions for a helpless and innocent child are passed down as a result of hereditary traits that pass from one generation to the next. It is said that these offending children do not know any better because of their traits, and the enviroment that they are brought up in (Erikson 1964). These children specialize in crime and delinquency just as others may specialize in the classroom or sports. They arenââ¬â¢t able to tell the difference between a deviant act or something productive such as an A in the classroom. ââ¬Å"When we define someone or some group as deviant - we strengthen ... ... On average, inmates are younger than the general population. It is apparent that some social groups are in situations more conducive to crime, because of the environment they live in. Boys and men dominate in crime. Arrest, self report and victimization data all reflects that boys and men perpetrate more conventional and serious crimes than girls and women. It appears that boys and men no longer are "normal subjects" of violence and that as equal rights and feminist groups become stronger and more profound so to do women in crime. In terms of race and crime, crime will continue among minorities until an equilibrium in social class and job ranking is met. The question of economics as a cause of crime finds that people are not forced into crime because they are poor, but because they are not capable of getting the luxuries that they have deemed necessities. They have gone from being in a comfortable, employed state to an unemployed and very difficult state and no longer can live beyond their means. In conclusion, law offenders feel that by becoming criminally active they can elaborate themselves of any social or psychological problem they may have. criminal factors Essays -- essays research papers What makes criminals? Have you ever wondered why some social groups are more prone to crime than others are? Should we conclude that some groups are more prone to crime or that they are just put in a situation that makes them more likely to commit crimes? In spite of the research in the past years there is still no conclusive evidence as to why some people in the same situations choose to commit crimes while the others donââ¬â¢t. There are numerous reasons that offenders resort to crime; Families, gender, economic status, age, and race are all valid explanations said by many theorists as to why certain social groups commit crimes, and why certain groups stay away. Married life is the norm of our society but it can also cause strain and anguish. Along with the anointing of a new life, there also comes new problems. Often times the choice of getting married is the first major decision in a young man or womanââ¬â¢s life, and soon there are more relatives, more bills, conflicting plans, annoying habits that oneââ¬â¢s spouse may develop, children, being that fifty percent of all marriages end in divorce, these are things that most couples cannot overcome, society is to the point where for every marriage there is a coinciding divorce. When these new hurdles are not overcome then a broken home is the most common result. When this happens, then the likelihood of a person being driven to crime skyrockets. One starts to think that they are worthless and that they are destined to be lonely forever, once this occurs, crime is their next option. A broken family can generate in different ways, divorce, death, or separation. Marriage is a common but no t the most likely reason that some resort to crime. Someone who usually commits a crime at a young age is often identified as a born criminal, these reckless actions for a helpless and innocent child are passed down as a result of hereditary traits that pass from one generation to the next. It is said that these offending children do not know any better because of their traits, and the enviroment that they are brought up in (Erikson 1964). These children specialize in crime and delinquency just as others may specialize in the classroom or sports. They arenââ¬â¢t able to tell the difference between a deviant act or something productive such as an A in the classroom. ââ¬Å"When we define someone or some group as deviant - we strengthen ... ... On average, inmates are younger than the general population. It is apparent that some social groups are in situations more conducive to crime, because of the environment they live in. Boys and men dominate in crime. Arrest, self report and victimization data all reflects that boys and men perpetrate more conventional and serious crimes than girls and women. It appears that boys and men no longer are "normal subjects" of violence and that as equal rights and feminist groups become stronger and more profound so to do women in crime. In terms of race and crime, crime will continue among minorities until an equilibrium in social class and job ranking is met. The question of economics as a cause of crime finds that people are not forced into crime because they are poor, but because they are not capable of getting the luxuries that they have deemed necessities. They have gone from being in a comfortable, employed state to an unemployed and very difficult state and no longer can live beyond their means. In conclusion, law offenders feel that by becoming criminally active they can elaborate themselves of any social or psychological problem they may have.
Sir Gawain - An Ideal Symbol of Chivalry Essay -- Sir Gawain and the G
Sir Gawain - An Ideal Symbol of Chivalry The chivalric code is a very complex, and perhaps somewhat foreign concept to a modern person. There are many rules and taboos that a knight must obey. Indeed, the very concepts of honor, love, and humility have been raised to the highest conceivable power, making it almost impossible for a mortal to become a true, perfect knight. Sir Gawain, in the passage [Norton, 1535-1622] of Sir Gawain and the Green Knight, proves himself to be an ideal symbol of chivalry. One of the symbols of knighthood is a lady of knight's heart; knight's behavior with ladies is important in general, and Sir Gawain behaves as a true knight with the hostess of the castle. Another important side of being a knight includes the skill of carving an animal, and that is also described in the passage. One aspect of being a knight is choosing a lady of his heart. The knight is supposed to perform noble tasks in her honor, thus glorifying her name. Love is knight's inspiration for all of his actions, and when he thinks he has done enough glorious deeds, he comes back to his lady. If his lady is kind enough, she will marry him, unless she is already married. In the passage, the host's wife tries to seduce Sir Gawain. However, she is not the lady of his dreams, and since Sir Gawain follows the principle -- "to remember a knight is to reflect goodness in everything he does, for that is what makes a knight honorable, " he politely turns her offer down. It is possible that Sir Gawain refuses hostess' charms because he is afraid of her husband; however, with the whole story evolving around Sir Gawain's nobility, it is highly unlikely that this is a reason for him. Sir Gawain does this in a way that does not make the ... ... are riveting in their strict observance. The chivalric code is full of rules for the knight's conduct in any situation, one example of which is hunting and carving animals. There is, however, one central idea that every knight is a servant; a knight is the one who does only good in the name of love and never brings dishonor to anyone. In this second test, Sir Gawain proves to be a true knight when he is tempted by the hostess of the Green Castle. So far nothing can turn him from his path, for he is a true knight. SOURCES Sir Gawain and the Green Knight. Norton Anthology of English Literature. Ed. M.H.Abrams, et.al. Volume 1. New York: W.W. Norton & Company, 1993. 200-254. Sir Gawain and the Green Knight. Ed. J.R.R.Tolkien, E.V. Gordon. Oxford: Clarendon Press. 1967. Online. Internet. Available HTTP: http://www.hti.umich.edu/english/mideng/index.html
Saturday, August 17, 2019
Is Logic an Art or Science? Essay
INTRODUCTION: Logic is the science and art which expresses the mind in the procedure of analysis and additional processes as to allow it to accomplish clarity, reliability and strength in that process. To define and arrange our ideas and other mental images, reliability in our decision and strength in our processes of conclusion is the basic aim of Logic. The word logic has been derived from the Greek word ââ¬ËLogosââ¬â¢ which means reason. Aristotle, the founder of science, assigns it as ââ¬Å"analyticâ⬠and the Epicureans use the word canonic. But from the time of Cicero, the word logic has been used without exemption to select this science. Definitions of Logic: An interesting fact about logic is the science which delights the definition; logicians have not determined as to how logic itself should be defined. Here are some of the definitions of logic: The Port Royal Logic: ââ¬Å"The Art of motive in the accomplishment of knowledge for oneââ¬â¢s own lessons and that of others. â⬠Hegel defines Logic as ââ¬Å"Science of clean thought. â⬠St Thomas Aquinas says ââ¬Å"Logic is the science and art which straightens the act of the motive, by which a man in the implementation of his reason is allowed to proceed without mistake, uncertainty or needless complexity. â⬠Logic Science or Art Logic is the science of the process of conclusion. What, then, is conclusion? It is that psychological operation which proceeds by merging two premises so as to cause a resulting conclusion. Some suppose that we may infer from one premise by a so-called ââ¬Å"immediate inference. â⬠But one premise can only reproduce itself in another Form, e. g. all men is some animals; therefore some animals are men. It requires the combination of at least two premises to infer a conclusion different from both. Aristotle was the creator of logic as a science. But he placed too much pressure on interpretation as syllogism or deduction, and on deductive science; and he laid too much pressure on the linguistic study of coherent conversation into plan and stipulations. These two faults remain embedded in practical logic to this day. But in the course of the growth of the science, logicians have endeavored to correct those faults, and have diverged into two schools. Some have dedicated themselves to initiation from sense and experience and broaden logic till it has become a general science of conclusion and precise method. Others have dedicated themselves to the psychological analysis of reasoning, and have pointed logic into a science of beginning, ruling and interpretation. The conceptual logic presumes that beginning always leads judgment; but the reality is that sensory judgment starts and inferential judgment ends by earlier commencement. The supposed triple orderââ¬âconception, ruling, analysisââ¬âis flawed and fake. The genuine order is feeling and sensory ruling, formation, remembrance and memorial judgment, skill and observed judgment, conclusion, inferential decision, inferential formation. This is not all: inferential formations are insufficient, and lastly not succeed. They are frequently symbolical; that is, we imagine one thing only by another like it, e. g. atoms by tiny bodies not nearly small enough. Often the representation is not like. What idea can the physicist form of interspatial ether? What believer in God imagines to envisage Him as tie really is? We consider many things that we cannot imagine; as Mill said, the unthinkable is not the unbelievable; and the point of science is not what we can imagine but what we should consider on evidence. Formation is the weakest; decision is the strongest power of manââ¬â¢s mind. Intellect before conception is the original cause of decision; and conclusion from sense allows decision to carry on after conception stops. Finally, as there is decision without conception, so there is conception without decision. The main purpose of logic is to direct us how out of decisions to structure the conclusion indicated by conversation; and this is one point which conceptual logic has given to the science of conclusion. But why mess up the additional intellectual analysis of inference by assuming that conceptions are elements of decision and therefore of inference, which thus becomes just a composite mixture of conceptions, an addition of ideas? The mistake has been to convert three process of mind into three procedures in a fixed orderââ¬âconception, decision, conclusion. Conception and decision are judgments: conclusion alone is a process, from decisions to decision, from judgments to judgment. Sense, not conception, is the origin of judgment. Conclusion is the procedure which from decisions about sensible things proceeds to judgments about things alike to rational things. Though some formations are its surroundings and some decisions its sources, conclusion itself in its inference causes many more decisions and formations. Finally, inference is an extension, not of ideas, but of beliefs, at first about existing things, after-wards about ideas, and even about words; about anything in short about which we think, in what is too fancifully called ââ¬Å"the universe of discourse. â⬠Formal logic has occurred out of the constriction of conceptual logic. The science, of inference no doubt has to agree mainly with recognized truth or the steadiness of premises and closing. Real and formal, is a reliable, official rule of reliability becoming authentic rules of truth, when the premises are correct the stable conclusion is therefore true. The science of inference again correctly emphasizes the official thoughts of the syllogism in which the combination of premises connects the conclusion. The question of logic is how we suppose in fact, as well as entirely; and we cannot appreciate inference if we believe in inferences of probability of all kinds. The study of analogical and inductive inference is essential to that of the syllogism, because they find out the premises of syllogism. The proper thinking of syllogism is simply an essential outcome; but when its premises are essential principles, its conclusions are not only essential consequents but also essential truths. Hence the mode in which induction assisted by identification finds out necessary values must be considered by the logician in order to make a decision when the syllogism can actually turn up necessary conclusions. The science of inference has for its subject the appearance, or procedure, of consideration, but not its material or substance. But it does not pursue that it can examine the former without the latter. Formal logicians say, if they had to think the matter, they must also think all things, which would be unfeasible, or choose some, which would be illogical. But there is a transitional option, which is neither unfeasible nor illogical; namely, to believe the broad divisions and main beliefs of all things; and without this general deliberation of the material the logician cannot know the structure of consideration, which consists in representing inferences about things on these general values. Finally, the science of inference is not certainly the science of feeling, recall and knowledge, but at the similar time it is the science of using those cerebral operations as data of conclusion; and, if logic does not illustrate how analogical and inductive inferences straightforwardly, and deductive conclusion indirectly, arising from precedent experience, it becomes a science of simple thoughts without knowledge. Logic is connected to all the sciences, because it believes the frequent inferences and changeable methods used in exploring diverse subjects. But it is most intimately connected to the sciences of metaphysics and psychology, which outlines with it a chord of sciences. Metaphysics is the science of being in common, and therefore of the things which turn into objects held by our minds. Psychology is the science of intellect in general, and therefore of the psychological process, of which inference is one. Logic is the science of the procedure of inference. These three sciences, the objects of mind, the operations of mind, the processes used in the inferences of mind, are in a different way, but directly related, so that they are frequently perplexed. The genuine point is their interdependence, which is so close that one sign of great philosophy is a reliable metaphysics, psychology and logic. If the world of things is recognized to be partially material and partially mental, then the mind must have powers of intelligence and conclusion allowing it to know these things, and there must be procedures of conclusion moving us from and further than the sensible to the insensible world of substance and intellect. If the whole world of things is substance, process and procedure of mind are themselves material. If the complete world of things is mind, operations and procedures of mind have only to be familiar with their like all the world over. It is clear then that a manââ¬â¢s metaphysics and psychology must color his logic. It is therefore essential to the logician to know earlier the universal difference and values of things in metaphysics, and the mental operations of intelligence, formation, memory and experience in psychology, so as to find out the procedure of inference from experience about things in logic. The interdependence of this chord of sciences has from time to time led to their bewilderment. Hegel, having recognized being with thought, combined metaphysics in logic. But he separated logic into objective and subjective, and thus almost admitted that there is one science of the objects and another of the procedure of thought. Psychologists, seeing that conclusion are a psychological process; often manage a theory of conclusion to the disregard of logic. But we have a dual awareness of conclusion. We are aware of it as one operation amongst many, and of its omnipresence, so to articulate, to all the rest. But we are also aware of the procedure of the operation of inference. To a definite extent this subsequent awareness pertains to other operations: for example, we are aware of the process of association by which a variety of mental sources evoke ideas in the mind. But how modest does the psychologist identify the relationship of ideas, evaluated with what the logician has exposed about the procedures of conclusion. The truth is that our main awareness of all psychological operations is scarcely equivalent to our secondary awareness of the processes of the one operation of inference from premises to conclusions infusing long trains and including entire sciences. This complex consciousness of inferential progression is the explanation of logic as a distinct science. But it is not the entire technique of logic, which also and rightly thinks the psychological process essential to language, without replacing linguistic for psychological distinctions. Nor are awareness and linguistic analysis all the appliances of the logician. Logic has to believe the things we know, the minds by which we know them from intelligence, remembrance and experience to inference, and the sciences which arranges and expands our information of things; and having measured these facts, the logician must build such a science of conclusion as will clarify the control and the poverty of human information. Logic is the study of the methods and principles used to distinguish correct reasoning from incorrect reasoning. There are objectives criteria with which correct reasoning may be defined. If these criteria are not known then they cannot be used. The aim of the study of logic is to discover and make available those criteria that can be used to test arguments and to sort good arguments from the bad ones. The study of logic is likely to improve the quality of oneââ¬â¢s reasoning for another reason. It gives the opportunity to practice the analysis of arguments and the evaluation of arguments and the construction of arguments of oneââ¬â¢s own. With the methods and techniques in logic we can distinguish efficiently between correct and incorrect reasoning. BIBLIOGRAPHY â⬠¢ Probability Theory: The Logic of Science by E. T. Jaynes http://bayes. wustl. edu/etj/prob/book. pdf#search=%22Logic%20as%20a%20science%22.
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