Monday, December 23, 2019

A Conversation With Real Life Director Harrison Starr

Event from chapter 1: when Harrison compares anti-war books to anti-glaciers books In the first chapter, which serves as an introduction, Vonnegut directly addresses the reader, pointing out his attitude towards war. The author makes it clear that he sees it as something ugly and horrifying, however, it seems like he is resigned to the fact that war will always exist. In one passage Vonnegut recounts a conversation with real-life director Harrison Starr. When Vonnegut explained that he was working on an antiwar book, Harrison said â€Å"You know what I say to people when I hear they’re writing anti-war books? ... I say, ‘Why don’t you write an anti-glacier book instead?’†(3). Vonnegut informs the reader that what Harrison meant by these words of course, â€Å"was that there would always be wars, that they were as easy to stop as glaciers†(3). In this quote, Vonnegut’s compares war with the glaciers. There has always been war just like t here have always been glaciers. But there will not always be glaciers since they will all eventually melt and when they do, we will suffer. We are unable to live without glaciers, and we are unable to live without war either. No matter how great his anti-war novels are, Vonnegut doesn’t expect them to change society since he already knows that war is unstoppable. Toulemonde2 1rst Event: when Billy watches the Second World War movie backwards One significant event in Kurt Vonnegut’s book Slaughterhouse Five begins when Billy turns onShow MoreRelatedOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 PagesPerspectives on the Past, edited by Susan Porter Benson, Stephen Brier, and Roy Rosenzweig Also in this series: Paula Hamilton and Linda Shopes, eds., Oral History and Public Memories Tiffany Ruby Patterson, Zora Neale Hurston and a History of Southern Life Lisa M. Fine, The Story of Reo Joe: Work, Kin, and Community in Autotown, U.S.A. Van Gosse and Richard Moser, eds., The World the Sixties Made: Politics and Culture in Recent America Joanne Meyerowitz, ed., History and September 11th John McMillian

Sunday, December 15, 2019

Matt Barrett Barclay’s CEO Position Free Essays

Barclays: Matt Barrett’s Journey- Winning Hearts and Minds Barclays was founded in 1690 in London. After 30 years later, Barclays started to expansion its area to the world, and became the first foreign bank to file with the Securities and Exchange Commission in Washington D.C. We will write a custom essay sample on Matt Barrett: Barclay’s CEO Position or any similar topic only for you Order Now in 1981. Barclays’s global market capitalization rank was fourth in 1980. However, it fallen to 22 in 2000. In October 1999, Matt Barrett accepted the invitation of Barclays’s CEO position, and started to work on his challenge. At that time, the situation of the Barclays is that institutional investors were unhappy, employees were demoralized, and the front-line and senior executives had lost confidence. Barrett soon discovered an excessive cost problem of Barclays and realized that the bank needed a shift in culture and mind-set, a new strategic direction, a structural overhaul, and an improved communications policy. Barrett had worked on changing the mind-set and culture of Barclays, and he believed that a more fact-based, value- growth orientation to running Barclays was essential. At first six month, Barrett started to build the foundation. Barrett met approximately 10,000 employees during the initial three month. At the same time, Barrett developed his own vision for the bank- earn, invest, and grow. He planned to reduce cost by  £1 billion for saving money from cost. Six months after Barrett became CEO, Barrett committed the goals were to apply equally to him to management, and everyone in the organization. Barrett started to change the top management. For example, Barrett appointed people to take position, which was a significant change on the ExCo and using young talent to the ExCo. Barrett started to think about group strategy. In addition, Barrett and the ExCo decided to work with Marakon to set about looking at all businesses and activities from a value perspective, identifying where value was being created and where it was being destroyed. Under Barnett’s leadership, and with the help of Marakon’s systematic, fact-based approach, the ExCo developed a long-term strategic. How to cite Matt Barrett: Barclay’s CEO Position, Essay examples

Saturday, December 7, 2019

Lack of Communication free essay sample

Sexual harassment is an important example of power abuse that generates negative conflict and it is a highly destructive workplace process. (Shockley-Zalabak, pg. 309) Not knowing how to communicate about such a highly sensitive situation can ruin a person’s life and can ruin the credibility of an organization. It can even affect the job status and reputation of a good employee. Overview of the Organization and Case Study The Village of Bellport is a local government entity with approximately 150 employees that are spread out through out five different departments. The Village of Bellport has had a sexual harassment case between two employees; one is an office employee and one is a highway employee who is also the husband of the office employee’s supervisor. This sensitive situation that has happened is due to the lack of communication between the Mayor, the Board of Trustees and the rest of the staff and has affected the relationships and the morale of the employees. Without going into too many details; the office employee stated that the highway worker sexually harassed her while her boss (his wife) was away in training. The highway worker denied all accusations but was convicted by the board without even hearing his side of the story. The board also didn’t ask anyone that worked that day what they saw or heard or they never asked about the characters of either employee. The outcome was that the highway worker was forced to resign after 13 years of service. Since the office employee didnt get the money she was after from the start, she went after the Village for harassment, saying that all the employees were harassing her because of the situation, which wasn’t true. When the Village attorney and the board found out about her character and what type of person she really was they were mortified and they felt dumb but of course it was too late. Identify and Describe the Situation or Problem Knowledge The major problem with this situation was the lack of communication. This was because of the lack of skills and knowledge that the board had with this kind of situation. With the lack of communication came ruined relationships, plummeting employee morale and the job statuses of certain  employees were changed . By the board not communicating to the employees and to each other, the rumors were started and down went the reputations of everyone involved. There was so much information missing due to the lack of communication between each board member; like, what really happened? What was the two employees saying that happened? This was because of the lack of skills that the board had on how to deal with this. The board only found out one side of the story and never bothered to find out the other employees side. The board assumed that the male employee did wrong just because the office employee said he did and they never listened to a word he said or what his wife was saying or anyone else that had his best interest. The rumors were started and all because of management never told the staff not to speak of this very sensitive subject to the public. This situation had a combination between Maslow’s Hierarchy of Needs and Motivation-Hygiene theory applied. Maslow’s Hierarchy of Needs was applied because the employees lost a lot of their peer’s respect and relationships and they did not feel safe in their jobs as a result of the lack of communication. Motivation-Hygiene theory was applied because this situation was an influence from both internal and external factors. (Shockley-Zalabak, pg. 143) Communication competency (which is composed of knowledge, sensitivity, skills and values) and sensitivity competency (which is the ability to sense organizational meanings and feelings accurately) are lacking in the Village. (Shockley-Zalabak, pg. 5-8) It is because with the Villages communication competency, no one has comfort with conflict so they will not contribute information to the public because they are afraid people will disagree with them. The person that was most responsible for the communication problems was the clerk. Whether it was because he was inexperienced in this kind of matter or he just didn’t care but what he did or better yet, didn’t do was just wrong. He never spoke to any witnesses about what happened and the employees thought they knew a lot about what happened on that day. He did apologize after the fact to the wife of the highway employee because he knew what he did was wrong. The reality is no one knows what went on that day for sure except for the two employees that were in the office that day. Everyone just assumed that the one side was right and never took it as a he said she said case. Hopefully the board and their staff learned how to deal with such a sensitive situation if this ever happens again. The Village is a small community and by the board going home and telling their family and friends about this situation it started the rumors and the stories about what people thought happened. Whether it was true or not, the three parties involved were mortified about everyone knowing and talking about it. The person responsible for the rumors were mostly everyone involved the Mayor, the board, the clerk and other employees which was very disappointing. Yet, no one claimed responsibility. Skills The only skills that were shown in this situation was the listening skills that they showed for one side and the written communication that they showed by giving the highway worker a letter stating the claim toward him and that they would be in touch with him. It took the board two weeks to actually let the employee know what was taking place. The board needs to learn not to be judgmental, they need to be sensitive with matters like this and they need to sharpen their nonverbal communication skills and when something like this happens they need to stop with the rolling of the eyes and the hand gestures toward one another. The organizational skills are also in need of repair. The Village needs to start treating people equally, attempt to resolve the conflict and show empathy. They can learn these skills by working together and practicing good communication. They need to really listen to one another and to their employees without jumping to conclusions. They should try to take some training classes in order for everyone to understand how important it really is. Values Communicating their stories was important to both individuals, they wanted to get out what they were saying happened that day and to be able to have the board believe each of them. One individual wanted to get his story out so he could save his job, reputation and marriage. The other was to make everyone feel bad for her and hate the highway employee and his wife and eventually we found out to get money from the Village. The only value that the two employees shared was that they both wanted to communicate their stories but the board only wanted to hear from one of them and force the other employee out so it would just go away. Because the culture of the organization is all about politics, the board just wanted what was right for the public to see and what will make them look good. They had only themselves in their best interest and no one else. The Village fell for a scam because they were trying to keep themselves out of the headlines and their political values took over. Since the public really liked the highway worker and his wife and they knew about the other employees characteristic, they wound up looking horrible. Develop Alternatives and Test Possible Solutions Propose Solutions and Suggest Implementation Plans What the Village should have done is call the police. If the police did the investigation then the truth hopefully would have been found out. They would have not let their feelings affect the outcome. They also should have let both employees communicate their stories and question other employees that were there that day. The clerk was in the office that day, a code officer was in and out of the office all day, there are cameras in the office and the employee told another employee her story and it changed multiple times. Also, someone should have asked the boss of the employee about her. Whenever the boss would try to speak and explain how this girl was the village just looked at her as the scorned wife. Finding out the characteristics of these employees would have helped the case tremendously. The Mayor and board should have been more discreet about this very sensitive situation. Management should know that letting this information out will only hurt the people involved. The village should have had training about this subject so the employees would know how to handle it when something did happen. Since none of this was followed and the real goal of the office employee was to get money out of this whole thing, she won. After the highway employee was forced to resign she should have continued to work for his wife, who was really swallowing her pride, but she didnt. She knew she had her boss wrapped around her finger and no matter what her boss did this girl would not listen. Then finally the girl started trouble with every employee that entered Village hall by saying they were all harassing her and of course she sued the Village. The best witness in the case was the wife of the highway employee (her boss) who worked side by side with this girl and knew everything about her. If they only listened from the beginning everyones life would not have been turned upside down like it was. Summary Not having the skills in communication can really ruin an organizations credibility or someones life. Dealing with a sexual harassment case is a really tough situation especially when it is a he said she said case. The communication in the Village of Bellport is not where it should be. If the board knew how to handle this situation maybe the highway employee would still have his job and his wife wouldnt have had to go through what she had to. The skills that are needed to extinguish a situation before it spins out of control is having the training that is needed to handle something like this. Knowledge and skills about communication is key and if anyone would have communicated and found the right way to handle this situation, things would have turned out a lot differently.

Saturday, November 30, 2019

The Modern Age For Writing Took Place In 1915 And Ended In 1946. The T Essay Example For Students

The Modern Age For Writing Took Place In 1915 And Ended In 1946. The T Essay ime period encountered two World Wars, prosperity and the Great Depression. Writers were going to war, became vetrins, others were killed in war, but some writers became famous dead or alive. The war did change the style of writing for the writers. After the war the United States became in isolation. Wilson focused on the problems the US had during the time after the war. In the 1920s the time was called The Roaring Twenties. It was called The Roaring Twenties, because production was so high people were going out and enjoying themselves. The middle class was then formed and they ere the ones going out enjoying themselves. Moves came out lots of new inventions came out, and the Module-T was introduced. This was also the time when teens started to go there own ways and having fun and being very social. The middle class was seen as wealthy but most of their pocetions were on credit, a reason why the Great Depression hit the US so hard. We will write a custom essay on The Modern Age For Writing Took Place In 1915 And Ended In 1946. The T specifically for you for only $16.38 $13.9/page Order now The Great Depression was the nest thing that happened in the late 1920s and early 1930s. The Depression started a domino affect that started by the stock market crash, then people tried to get their money out of the bank, businesses lots or most of their investments and businesses had to drop their employees because of the lack of money people lost their money due to credit and no job, ext . . . In 1932 about 12 million people or about a quarter of the people living in the US was without a job. Throughout the depression the unemployed rate kept to increasing. The elections of 1932 Roosevelt became the new president and started something called the New Deal. The New Deal started to help the US get out of the Depression slowly. In the late 1930s World War II broke out, and the US would stay isolated and resume naturally until the Japanese surprised attacked Pearl Harbor in Hawaii on December 7, 1941. The US entered the war with the allies and they would fight for two years before beating Nazi Germany. The war ended after the US dropped two A-bombs on Japan. Peace and the atomic age had finally arrived. The writers during the Modern Age were influenced by the social impacted of the US. As World War I broke out there was meany books and stories wrote about war or about war like atmosphere. There were meany writers that went out to war and wrote about the war. There was people still writing about the new technology and new things being introduced during to time period. During the 1920s there were meany writers just enjoying themselves and the stories were usealy pleasant. Theyre where meany stories wrote about the feature and all the new produce that were coming out. During the Depression the writing style went down a bit. They started to write stories about hope and the way the hole US was just completely messed up. Afer the Depression writers went back to what they were writing about during WWI. WWII did bring the US out of the Depression and there were meany stories that had that in the plot or as a setting giving new hope and a new beginning.

Monday, November 25, 2019

Free Essays on Jimmy Carter

Jimmy Carter was born on October 1, 1924, in Plains, Georgia. Carter’s father, a farmer and businessman, ran a farm products store on the family farm in the rural community of Archery, a few miles west of Plains Georgia (â€Å"Jimmy Carter†). The Carters lived in Plains when Jimmy was born. Four years later, they moved to the farm in Archery. Jimmy grew up there and helped with the farm chores during his boyhood. Jimmy went to public school in Plains. His favorite subjects included history, literature, and music. As a teenager, he played on the high school basketball team. In 1941, following graduation from high school, Carter entered Georgia Southwestern College in Americus. In 1942, he was appointed to the United States Navel Academy. Carter met Rosalyn Smith, best friend of his sister Ruth. In the summer after graduation they were married. By the early 1950’s Carter and his wife had three sons. In 1962, Carter entered the race for the Democratic nomination for the Georgia Senate. He lost by a few votes, partly because of fraud that included stuffed ballot boxes. Carter pursued his appeals until he was declared the winner of the primary. In spite of all the confusion, Carter won the election. As a state senator, Carter advocated planning in government, and programs to help the poor and the disadvantaged. He was reelected in 1964. In 1971, Carter was inaugurated as governor of Georgia. Carter introduced policies that helped change the government and society. He supported integration, appointed many blacks to posts in state government. During his administration, the number of black appointees on major state boards and agencies increased from 3 to 53. The number of black state employees rose by about 40 per cent. Carter also established a project to honor notable black Georgians. He promoted prison reform and mental health programs. During his term as governor Carter traveled widely and began to believe that he was well qualified ... Free Essays on Jimmy Carter Free Essays on Jimmy Carter Jimmy Carter was born on October 1, 1924, in Plains, Georgia. Carter’s father, a farmer and businessman, ran a farm products store on the family farm in the rural community of Archery, a few miles west of Plains Georgia (â€Å"Jimmy Carter†). The Carters lived in Plains when Jimmy was born. Four years later, they moved to the farm in Archery. Jimmy grew up there and helped with the farm chores during his boyhood. Jimmy went to public school in Plains. His favorite subjects included history, literature, and music. As a teenager, he played on the high school basketball team. In 1941, following graduation from high school, Carter entered Georgia Southwestern College in Americus. In 1942, he was appointed to the United States Navel Academy. Carter met Rosalyn Smith, best friend of his sister Ruth. In the summer after graduation they were married. By the early 1950’s Carter and his wife had three sons. In 1962, Carter entered the race for the Democratic nomination for the Georgia Senate. He lost by a few votes, partly because of fraud that included stuffed ballot boxes. Carter pursued his appeals until he was declared the winner of the primary. In spite of all the confusion, Carter won the election. As a state senator, Carter advocated planning in government, and programs to help the poor and the disadvantaged. He was reelected in 1964. In 1971, Carter was inaugurated as governor of Georgia. Carter introduced policies that helped change the government and society. He supported integration, appointed many blacks to posts in state government. During his administration, the number of black appointees on major state boards and agencies increased from 3 to 53. The number of black state employees rose by about 40 per cent. Carter also established a project to honor notable black Georgians. He promoted prison reform and mental health programs. During his term as governor Carter traveled widely and began to believe that he was well qualified ...

Friday, November 22, 2019

A Definition of Cinematic Design

An open frame is generally employed in films, while a closed frame is generally employed in films. Realistic; materialistic Which of the following statements about miss-en-SCen is NOT true? Miss;en-SCen has two visual components: lighting and movement. Composition is part of the process of planning the design of a movie. When visualizing and planning shots, filmmakers must make decisions about two elements f composition: what we see on screen and what moves on screen.What are these two elements commonly called? Framing and kinesics Which of the following statements about the production designer is NOT true? The production designer is hired relatively late in the production process. An Important movement In art direction that sought to articulate human feeling and emotion through design elements such as structure, color, and texture with grossly exaggerated film sets is known as expressionism. Which of the following stills represents expressionism: The Cabinet of Dry. Calamari Some of the departments the production designer supervises include carpentry, properties, and transportation. True What Is figure movement? The movement of something concrete wealth the frame Consider carefully the details of the miss-en-SCen in the following clips. Based on the miss-en-SCen, which do you think belongs to a dissipation futuristic narrative inhabited by mostly one-dimensional characters? Bartholomew Song unlike a static painting or picture. Motion picture move and thus shift Its point of view. Point of view is implied by the framing of a shot. What are three elements that describe unrealism? Nonprofessional actors; location sets; handheld camera The planning of the positions and movements of the actors and camera Is called blocking. The two fundamental styles of design established in early motion pictures are the associated with the Lumpier brothers and the Georges Mals. Elastic; fantastic associated with then suddenly a puff of smoke enters the left side of the frame. This is an example of filmmakers using both on-screen and officered space. Which of the following clips also uses on-screen and officered space? Giggled What are the major elements of cinematic design? Setting; decor; properties; lighting; costume; makeup; hairstyle The organization, distribution, balance, movement, and general relationship of actors and objects within the space of a shot is called composition.

Wednesday, November 20, 2019

Financial Markets and Institutions Essay Example | Topics and Well Written Essays - 500 words - 1

Financial Markets and Institutions - Essay Example The interest can either be fixed or variable. Fixed-rate pays interest irrespective of the institution making enough money to pay, but variable rates can vary depending on the market conditions prevailing. The bonds which interest rate are expected to reduce can either be attractive or not depending on the view of the investor. A reducing rate bond will earn less hence unattractive, but on the other side it can be a tax haven vehicle as corporate bonds are subject to federal taxes in mark up. Low-rate bond will either be tax exempt or attract low taxes hence it can be attractive from this viewpoint. To a firm a reducing rate bond is attractive as it will cost less to issue and service the bond. Conversely, a firm expecting the rates to increase has to consider other cheaper sources of financing like bank loan if it has less interest rate than what they will pay on bonds (Zacks ETF Research,2012). 14. Bond Downgrade. . Explain how the downgrading of bonds for a particular corporation affects the prices of those bonds, the return to investors that currently hold these bonds, and the potential return to other investors who may invest in the bonds in the near future. Downgrading a bond would mean that the price of the bond will reduce significantly to market equilibrium set by sentiment about the company’s ability to service the bond. Downgrading arises from the ability of the company to service the bond which can be observed from the financial status of the company. If the company is facing financial difficulties, it might be able to pay the bonds when they mature or service current interest rates. Current investor will lose the value of their investment hence can offload the bond which can further reduce the price because of the low demand. When the price will have fallen to the least possible, it can be attractive to new investors who think that the price will rise in future. 15. Junk Bonds. Merrito Inc. is a

Tuesday, November 19, 2019

Dietary Guidelines Assignment Example | Topics and Well Written Essays - 1500 words

Dietary Guidelines - Assignment Example A fit body and a healthy diet are the building blocks of a healthy life. If the body is healthy, its direct impact is positive on your mind .Also our body deserves the best timely nourishment in order to get optimum output. Keeping a track of your fitness level helps you to understand your physical requirements and lead a healthy life. I am a 24 years old male living in an apartment all by myself. I have to cook my own food but don't cook on a regular basis due to my lifestyle and mostly eat out. I play Tennis (State Player) and train with ATP professionals .I exercise in a Gym all by myself as I don't have any personal fitness trainer. My more focus while exercising is on the upper body and therefore my lower body is weaker than the upper body. Whenever I do weights the lactic acid produced in the muscles decreases the flexibility of body muscles. I spend 3 days a week for Tennis and Gym and occasionally enjoy swimming. I mostly drive and walking habit is almost negligible in my lifestyle. The above results show my sporting endeavor. I am of standard height and my BMI is normal. My Waist to Hip Ratio indicates that my body shape is in proportion to the body weight. My skin folds (percentage of Body fat) are slightly high as compared to normal (higher than 14% in men). My body has a high capacity to transport oxygen to muscles for utilization and generation of energy as proven by VO2 Max test. My Sit and Reach Flexibility test gives a good score (Paul Roetert, Todd S. Ellen Becker, Page 19); my muscular endurance is good as proven by Push Up and Sit Up tests. The strength of my forearms is good and I am right handed person as the test results for right hand were higher than the left. My shoulder flexibility has a high variance when compared between right and left. Right arm shoulder flexibility is excellent wherein the flexibility for Left Shoulder is below average. My Shoulder Press indicates low shoulder muscle endurance unlike Bicep curl which is indeed a good weigh t. In my speed test, timing was good in 10m sprint (burnt 1174.5 calories) while I didn't score well in 20m sprint (2350 calories burnt). 505 Agility test indicates that my ability to change directions when required while running was not good at all. The result for Bench Press Test calculated in Per Body Weight (1.3414) was good. The evaluation of my lower body strength i.e. Leg Press was Poor. 24 hours Diet Recall Dietary Assessment Nutrient My

Saturday, November 16, 2019

Psychology Articles Essay Example for Free

Psychology Articles Essay 1. Glazer, H. R., Clark, M. D., Stein, D. S. (2004). The Impact of Hippotherapy on Grieving Children. Journal of Hospice and Palliative Nursing 6(3), 171-175. This article is a study on the effects of hippotherapy or therapeutic riding on grieving children affected by the death of a family member. The topic focuses on the grieving of children specifically because of the observation that their bereavement often coincides with issues relating to their natural growth and development. Thus, sometimes it is difficult to ascertain whether a child’s reaction should be properly classified as growth or grief (Glazer, Clark Stein, 2004). In order to add substantial information on the literature on childrens bereavement, the authors conducted a study that would determine how a 6-week hippotherapy program would work on grieving children. They sought to determine how stakeholders, such as the parents, children, and adult volunteer would perceive the program (Glazer, Clark Stein, 2004). The study involved a 6-week program where selected children with ages 4 to 14 stayed at the Buckeye Ranch for sessions that taught them how to ride horses. Each session ended with the children telling the things they learned for that session. The parents and adult volunteers were also asked to reflect on their perception of the therapeutic riding session. The authors found positive results from the study, consisting of increased confidence, self-esteem, and trust among the children. The children also gained communication skills as a result of the study. Finally, both guardians and parents found the riding therapy as a positive experience. Thus, they concluded that riding therapy is a good way for finding expression of grief. 2. Andrews, C. R. Marotta, S. A. (2005). Spirituality and Coping Among Grieving Children: A Preliminary Study. Counseling and Values 50, 38-50. This article describes grief as a natural part of human experience. The authors of this paper, however, note that literature on grieving mostly focus on adults coping mechanisms. Particularly, literature on adult bereavement focuses on religious practices and spiritual beliefs as effective coping mechanisms. Therefore, the authors aimed to extrapolate from such literature and attempt to apply major themes among grieving children (Andrews Marotta, 2005). The authors completed a sample size of 6 children between the ages of 4 and 9, coming from various institutions. All participants experienced death within the family in the past 18 months before the period of the study. Parents consent was secured from each participant. During the 3-month study period, children, parents, and main caregivers were given semistructured interviews. Such interviews led to qualitative data. There were also check-in sessions conducted every month. The study utilized a phenomenological approach so that specific aspect so f bereavement could surface (Andrews Marotta, 2005). The authors found that children’s grief are not necessarily similar to that of adults. Children grieve repeatedly as they go from one developmental stage to the next. Certain objects or mechanisms were also found to have been effective in dealing with the grief of children, such as puppets, games, bibliotherapy, and drawings. They also note that certain spiritual aspects like linking objects and connection through metaphorical play may play a huge role in comforting grieving children (Andrews Marotta, 2005). 3. Abeles, N., Victor, T. L. Delano-Wood, L. (2004). The Impact of an Older Adults Death on the Family. Professional Psychology: Research and Practice 35(3), 234-239. This article reviews extant literature on issues of death and dying. Specifically, it is concerned with the impact on the death of an older member of a family to surviving members, particularly on surviving adult children. It also aims to derive implications for treatment based on the study (Abeles, Victor Delano-Wood, 2004). The methodology involved a simple review of literature, both on theoretical and empirical levels, on the topic of death and bereavement. Based on such literature review, the authors suggested individual or play therapy, psychoeducation, and different interventions as treatment options for grief. The authors likewise concluded that each individual may cope with loss or death of a family members in different ways. Some may not undergo the usual stages of grief. Thus, understanding of various coping mechanisms could also help surviving family members in dealing with grief (Abeles, Victor Delano-Wood, 2004). 4. Ens, C. Bond, J. B. (2007). Death Anxiety in Adolescents: The Contributions of Bereavement and Religiosity. Baywood Publishing Co., Inc., 169-184. This article aims to determine possible relationships between religiosity, bereavement, and death anxiety levels of adolescents. This is done to achieve greater understanding of adolescents, who face difficult challenges during bereavement (Ens Bond, 2007). The authors conducted a study with 226 adolescents as participants. These participants have ages ranging from 11 to 18 and come from rural and urban private schools. Both the parents and student participants gave written consent before participating in the study. The authors formulated one questionnaire that consisted of several scales that measure bereavement, religiosity, and death anxiety. This questionnaire was administered to participants and the data was analyzed (Ens Bond, 2007). The data showed a strong correlation between death and grief due to death in the family. Consequently, the authors concluded, grief due to bereavement was the only factor found to independently contribute death anxiety for adolescents. Finally, the authors found weak relationship between death anxiety and personal religiosity (Ens Bond, 2007). 5. Papadatou, D., Metallinou, O., Hatzichristou, C. Pavlidi, L. (2002). Supporting the bereaved child: teacher’s perceptions and experiences in Greece. Mortality 7(3), 324-339. This article reports a national survey conducted by the authors, aimed at determining how Greek teachers perceived bereaved children. More specifically, this study aimed to analyze experiences of children who grieved the death of a relative and a classmate. These aims result from the belief that grief is affected by the level of support received by bereaved children (Papadatou, Metallinou, Hatzichristou Pavlidi, 2002). The authors selected participating population by applying a specific criterion on a list of Greek schools provided by the Ministry of Education, National Statistical Service. The authors handed out 3,500 questionnaires among Greek educators, and data was gathered from the responses (Papadatou, Metallinou, Hatzichristou Pavlidi, 2002). The national survey resulted in several important findings. For one, it appears that Greek educators feel that the experience of death in the family or classmate negatively affect the performance of a bereaved child in school. Moreover, educators who had more years in experience as teachers had more opportunity to observe grieving children and the effect of bereavement on them. Finally, most educators appeared comfortable talking to bereaved students and cooperate with their family to help them cope with their loss (Papadatou, Metallinou, Hatzichristou Pavlidi, 2002). 6. Charkow, W. B. Inviting Children to Grieve. Professional School Counseling. This article discusses the importance of grieving for children who have experienced death in the family. It reviews literature and shows how society and families often shield children from the fact of death. This paper aims to establish the importance of grieving for children by showing how shielding children affects them (Charkow). The article basically reviews literature on death and the responses to its experience. These factors affect how the loss of a person through death could be traumatic to a child. For example, the relationship of the child with the deceased is a relevant factor to consider. Through the study of extant literature on bereavement, the author laid down several implications for stakeholders, such as parents, teachers, and counselors. The author concludes that being up front with children about the realities of death would lead them to cope properly through understanding and grieving appropriately. 7. Cohen, J., Goodman, R. F., Brown, E. J. Mannarino, A. (2004). Treatment of Childhood Traumatic Grief: Contributing to a Newly Emerging Condition in the Wake of Community Trauma. Treatment of Childhood Traumatic Grief After 9/11, 213-216. This article is a response to the events of the 9/11 attack in New York City, which resulted in the death of many parents. The authors report that more than 10,000 children lost parents and loved ones on that fateful day. Hence, the authors concern about childhood traumatic grief (Cohen, Goodman, Brown Mannarino, 2004). This article basically reviews extant literature on childhood traumatic grief, particularly those relating to treatment interventions and psychotherapeutic approaches to childhood traumatic grief (Cohen, Goodman, Brown Mannarino, 2004). After reviewing literature on interventions to childhood traumatic grief, such as client-centered therapy, the authors discussed various factors that affect the assessment and treatment of the condition. Finally, the authors provided suggestions for future directions, particularly since the literature on childhood traumatic grief is still in its infancy (Cohen, Goodman, Brown Mannarino, 2004). 8. Crenshaw, D. A. (2005). Clinical Tools to Facilitate Treatment of Childhood Traumatic Grief. OMEGA 51(3), 239-255. This article aims to describe strategies and techniques that address childhood traumatic grief in order to how clinicians how to address youth experiencing such condition. These strategies use themes such as abandonment and attachment (Crenshaw, 2005). This article’s methodology consisted mainly in reviewing and describing various techniques and strategies used in dealing with grieving children. The authors then analyzed how such techniques helped children with their bereavement (Crenshaw, 2005). The strategies described in this article illustrate how themes such as facing unknown dangers and leaving behind loved ones and family help children cope with loss and address unresolved issues (Crenshaw, 2005). References Abeles, N., Victor, T. L. Delano-Wood, L. (2004). The Impact of an Older Adults Death on the Family. Professional Psychology: Research and Practice 35(3), 234-239. Andrews, C. R. Marotta, S. A. (2005). Spirituality and Coping Among Grieving Children: A Preliminary Study. Counseling and Values 50, 38-50. Charkow, W. B. Inviting Children to Grieve. Professional School Counseling. Crenshaw, D. A. (2005). Clinical Tools to Facilitate Treatment of Childhood Traumatic Grief. OMEGA 51(3), 239-255. Cohen, J., Goodman, R. F., Brown, E. J. Mannarino, A. (2004). Treatment of Childhood Traumatic Grief: Contributing to a Newly Emerging Condition in the Wake of Community Trauma. Treatment of Childhood Traumatic Grief After 9/11, 213-216. Ens, C. Bond, J. B. (2007). Death Anxiety in Adolescents: The Contributions of Bereavement and Religiosity. Baywood Publishing Co., Inc., 169-184. Glazer, H. R., Clark, M. D., Stein, D. S. (2004). The Impact of Hippotherapy on Grieving Children. Journal of Hospice and Palliative Nursing 6(3), 171-175. Papadatou, D., Metallinou, O., Hatzichristou, C. Pavlidi, L. (2002). Supporting the bereaved child: trachers perceptions and experiences in Greece. Mortality 7(3), 324-339.

Thursday, November 14, 2019

F1 :: essays research papers

It really all started at the end of the first lap of 1988 Portuguese Grand Prix. Aryton Senna and Alain Prost were nearing the end of their first season driving together in the totally dominant Mclaren Honda team. All season long, the tension between these two great drivers had been building as the battle for the drivers crown intensified. But, even the most informed observer in Portugal could never have dreamt of what was about to be unleashed along with its impact on the consequences for Formula One. As the two Mclarens entered the pit straight to complete the first lap, Senna led, but Prost, having carried more speed through the final turn, was firmly in his slipstream. As Prost pulled out to complete the pass, Senna swerved to the right, Prost, refusing to lift, kept coming. Soon the cars were side by side, wheels interlocking at 180 MPH. Prost was just inches from the pit wall. Prost made the pass and duly won the race. Afterwards, furious at such tactics by a fellow driver, he is reported to have stated "If he (Senna) wants the World Championship so badly, he can have it." Prost's rage was due to the fact a basic rule of Motor Racing had been broken, and not by some F3 novice, but by a driver blessed with such enormous talent that he should have been able to find other ways to win in the supposed pinnacle of the sport, Formula One. Since motor racing began, the "slipstreaming pass" was the classic way to overtake. It relies on the fact that the leading car does not deviate too much from its line on the straight. There was no rule to enforce this, it was just taken for granted. If a slower car just weaved all over the road overtaking would be impossible, but that was against the "spirit" of racing. More of course was to come, much more. The inaction of the governing body of Formula One sent its message out loud and clear. Clearly Senna now felt that if he could get away with "swerving", then the next step would be "shutting the door firmly". This he duly did to Nigel Mansell at the same race the following year. Mansell, having slipstreamed Senna on the pit straight, went for the inside at the following right hand corner. Senna, refusing to be passed, moved over and the ensuing contact took them both out of the race.

Monday, November 11, 2019

Foundations of Psychology Essay

Psychology is the process of understanding ones mental processes such as how and why one thinks, feels, and behaves the way they do. Psychology is the process by which the scientific method is used to better understand and test these processes (Allport, 1985). Psychology was established as a means to blends these two differing schools of thought into one. Psychology quickly separated into different schools of thought as a means to explain the human mind and its behaviors. In this paper we will discuss in more depth about a few of them such as structuralism, functionalism, psychoanalysis, behaviorism, and humanism (Allport, 1985). Wilhelm Wundt is thought to be one of psychologies founding fathers. He was a pioneer using laboratory research as a way to back up his theories of the mind. One of Wundt’s students Edward Titchener used Wundt’s theory of introspection as his basis of his new school of thought called structuralism. Structuralism is the study of the contents of the mind (Britannica, 2001). Just like his predecessor Titchener believed that the scientific method was the only means to the science of the mind. Structuralism was only one of two schools that dominated psychology in its early years. The other was functionalism. Functionalism was the product of one Harvard graduate named William James. James believed structuralism was a great start, however felt the mind still needed further explaining and hence functionalism was born. Where structuralism focused its efforts on the mental processes themselves, functionalist conserved their efforts on the role those processes play. Functionalism is the study of how ones psychological processes helps one adapt to their environment (Britannica, 2001). Psychoanalysis was founded by Sigmund Freud. Freud believed that the unconscious mind influenced behavior. Freud believed that the human mind was comprised of three elements: the id, the ego, and the super eg o. â€Å"The id is composed of the primal urges, while  the ego is the component of personality charged with dealing with reality. The superego is the part of personality that holds all of the ideals and values we internalize from our parents and culture. Freud believed that the interaction of these three elements was what led to all of the complex human behaviors (Sheehy, & Forsythe, 2013).† Freud’s school of thought has not gone without controversy, however Freud’s school of thought has influenced other of psychology’s greats such as Anna Freud, Carl Jung, and Erik Erikson (Psychology, 2005). Behaviorism formed as a reaction to the theories of John B. Watson, Ivan Pavlov, and B. F. Skinner. Behaviorism took off and became the dominant school of thought during the 1950’s. Behaviorists focused their efforts of observable behavior. Behaviorist believe that all behavior can be explained by ones environment rather than by ones internal forces (Lee, 2005). Classical conditioning was invented by Ivan Pavlov. He believed that classical conditioning was the learning process that occurs through associations between ones environmental stimulus and the naturally occurring stimulus. Operant conditioning was the thoughts of B. F. Skinner. Skinner believed that learning can occurs through rewards and punishments for behavior. Skinner believed that through o perant conditioning, an association is made between a behavior and a consequence for that behavior (Lee, 2005). Humanism is the product of Abraham Maslow and Carl Rogers. Humanism focused on an individual’s free will, self-actualization, and personal growth (Lee, 2005). â€Å"While early schools of thought were largely centered on abnormal human behavior, humanistic psychology differed considerably in its emphasis on helping people achieve and fulfill their potential (Lee, 2005).† â€Å"Humanistic psychology remains quite popular today and has had a major influence on other areas of psychology including positive psychology. This particular branch of psychology is centered on helping people living happier, more fulfilling lives (Jimerson, 2007).† Understanding a person requires special attention to not only ones biology, their psychological experience, and their social context. Psychology was established as a science in order to differentiate from biology and the philosophy of thought. In this paper we discussed in more depth about just a few of them such as structuralism, functionalism, psychoanalysis, behaviorism, and humanism and how they differ from one another. Although they each may have a different outlook, they all have the same goal to better understand one’s  mind and one’s behavior. References Allport, G. W (1985). â€Å"The historical background of social psychology†. In Lindzey, G; Aronson, E. The Handbook of Social Psychology. New York: McGraw Hill. p.5 â€Å"Evolutionary Psychology: Theoretical Foundations.† Encyclopedia of Cognitive Science. Hoboken: Wiley, 2005. Credo Reference. 2 Feb. 2010. Web. 23 Oct. 2013. Retrieved 2014-10-26. Retrieved from: http://www.credoreference.com.ezproxy.apollolibrary.com/entry/wileycs/evolutionary_psychology_theoretical_foundations. â€Å"Functionalism.† Encyclopedia Britannica. Encyclopedia Britannica Online. Encyclopedia Britannica, 2011. Retrieved 2014-10-26. Retrieved from: http://www.britannica.com/EBchecked/topic/222123/functionalism Jimerson, S. R., Oakland, T. D., & Farrell, P. T. (Eds.). (2007). The handbook of international school psychology. Thousand Oaks, CA: SAGE Publications, Inc. Retrieved 2014-10-26. Retrieved from: http://dx.doi.org.ezproxy.apollolibrary.com/10.4135/9781412976138 Kratochwill, T. R. (2002). Evidence-based interventions in school psychology: Thoughts on thoughtful commentary. School Psychology Quarterly, 17(4), and 518. Retrieved 2014-10-26. Retrieved from: http://search.proquest.com/docview/195476875?accountid=458 Lee, S. W. (Ed.). (2005). Encyclopedia of school psychology. Thousand Oaks, CA: SAGE Publications, Inc. Retrieved 2014-10-26. Retrieved from: http://dx.doi.org.ezproxy.apollolibrary.com/10.4135/9781412952491 Oakland, T. D. (1986). Further thoughts on professionalism in school psychology. Professional School Psychology, 1(1), 47-49. Retrieved 2014-10-26. Retrieved from: http://dx.doi.org/10.1037/h0090495 Peters, R. S., & Mace, C. A. (2006). Psychology. In D. M. Borchert (Ed.), Encyclopedia of Philosophy (2nd ed., Vol. 8, pp. 117-150). Detroit: Macmillan Reference USA. Retrieved 2014-10-26. Retrieved from: http://go.galegroup.com/ps/i.do?id=GALE%7CCX3446801676&v=2.1&u=uphoenix&it=r&p=GVRL&sw=w&asid=b7b2ca334afa823cd8813b11a12599b6 Psychology. (2005). I nternational Journal of Obesity, 29, S161-S163. Retrieved 2014-10-26. Retrieved from: http://dx.doi.org/10.1038/sj.ijo.0803091 Sheehy, Noel, &

Saturday, November 9, 2019

Marketing Segmentation of Tata Nano in India and Its Targeting and Positioning Strategy.

Contents Market Segmentation, Positioning, Targeting: A case of Tata Nano in India EXECUTIVE SUMMARY: Targeting and positioning strategy of Tata Nano and recommendations for the company are given. INTRODUCTION: BACKGROUND: According to Howard and Sheth (1969, p. 70), â€Å"market segmentation depends on the idea that the company should segment or divide the market in such a way as to achieve sets of buyers† Historically sellers were engaged in mass marketing. They were into the mass production, mass promotion and mass distribution of one product to all consumers in order to obtain economies of scale. This approach of marketing segmentation made the producers to compete against their competitors in terms of products and services. Kotler says â€Å"the product differentiation is to provide variety to the buyers rather than to appeal to different segments†. DISCUSSION: CRITICISM OF MARKETING SEGMENTATION: When the size of the market is so small to do marketing When a brand is a dominant brand in the market. When more number of people falls in the same category. Most of the brands do not operate within the same segment. Certain brands cannot fit into a particular segment which is a drawback to this strategy. In very small businesses and brands this strategy will not work and it is not possible. CASE OF TATA NANO IN INDIA AND ITS MARKET SEGMENTATION: Tata Motors is the leading automobile manufacturer in India with a huge portfolio which includes trucks, passenger cars, buses, and utility vehicles. Even though there are many products from Tata Motors an interesting case of Tata Nano is discussed further. Generally Tata Motors follow the marketing segmentation concept and they have succeeded which already prevails in the history. Tata Nano which comes under the passenger car segment was launched in January 2008. India’s passenger car segment has been grown extraordinarily for the past four years and it was the clever strategy of Ratan Tata to launch a product in that segment. Heading to the marketing segmentation of Tata Nano is quite interesting. Tata Nano is specially designed and manufactured for the middle class and lower middle class people in India (Interview of Ratan Tata). Marketing Segmentation for Tata Nano: Geographic: rural areas, semi urban areas, small towns, large cities and metropolitans. Demographic: Age group: people of age group above 18 (as the legal age for driving in India is 18) Size of family: family size not more than 5. Psychographic and Behavioural: ANALYSIS OF TATA NANO’S MARKETING SEGMENTATION: From the above segmentation variables and how Tata Nano is segmented, it is clear that the manufacturer wants his product to be used by almost everyone in all geographic conditions. In demographic segment the income group of $220 can easily purchase this car is mentioned. But again they say this can also suit the people who own cars already for the sake of increasing the count which adds privilege to them as well as their status. Even in the occupation category, it is mentioned that right from students to any profession person can use Nano which again puts a lot of people in the category. TARGETING AND POSITIONING OF TATA NANO: Tata Nano’s targeting strategy starts from its tag line â€Å"The people’s Car† and â€Å"the world’s inexpensive car†. Tata Nano is segmented to the middle class and lower middle class people who had only dreamt about cars which also include the people who earn $220 per month. Their target customers are those who are extremely price conscious and have low latitude of acceptability. Industry wise they target the two wheeler industry, three wheeler industry (which are more costly than nano), public transports as well to an extent. Hence pricing is their most effective targeting strategy. (Admap magazine, www. warc. com/admap) Positioning of Tata Nano is solely based on its price which may also become a drawback to them in future. Tata Nano is well positioned which will be doing a marketing for the entire Tata Motors. As Nano will be the first car of many customers there will be a possibility of customers to follow Tata Motors if they have a good value for money product and good customer relationship management. As mentioned Nano will be the first car people will surely change their car and that might be possibly for another car in Tata Motors itself. Moreover Tata is also got a wide range of cars which are durable and better quality which suits Indian roads. (NDTV news) {draw:frame} {draw:rect} {draw:frame} {draw:frame} draw:frame} {draw:frame} CONCLUSION AND RECOMMENDATION: The marketing segmentation concept is a good strategy in marketing but not applicable for all industries, services or products. Nano is got a good segmentation and its well targeted and positioned. As Nano is targeting people with its price strategy, in future due to some inflation if value of money increases they might not be able to con vince their customers. Tata is a good reliable brand in India and now the positioning of Nano as the first car of many people will surely help them in growing their Tata Motors organisation. REFERENCES: Caroline Tynan and Jennifer Drayton, Journal of marketing management, 1987, 2, No 3, 301-335. Smith, W. R. (1956), â€Å"Product differentiation and market segmentation as alternative marketing strategies†, _Journal of Marketing, _2J (3), pp. 3-8. Baker, M. J. (Ed) (1984), Macmillan Dictionary of Marketing and Advertising, London, Macmillan. Haley, R. L (1968), â€Å"Benefit segmentation: A decision-oriented research tool†, Journal_ of_ Marketing, 32(3), pp. 30-35. Chisnall, P. M. (1985), Marketing: A Behavioural Analysis (2nd edition). Maidenhead, Berkshire, McGraw-Hill UK Ltd. Lunn. T. (1978), â€Å"Segmenting and constructing markets†. In: Consumer Market Research Handbook (2nd edition) (Eds. ) Worcester, R. M. and Downham, J. , London, Van Nostrand Reinhold Co. (UK) Ltd. , pp. 343-376. Haley, R. L (1968), â€Å"Benefit segmentation: A decision-oriented research tool†, _Journal of_ Marketing, 32(3), pp. 30-35. Siddharth Vinayak Patankar, (2009), â€Å"_NDTV’s review of the Tata Nano_†, NDTV Profit Online, [http://profit. ndtv. com/2009/03/23220600/How-does-the-Tata- Nano-drive. html]. www. tatanano. inservices. tatamotors. com Joseph Sassoon, Admap magazine, www. warc. com/admap.

Thursday, November 7, 2019

A New Forest To Conquer Essays - English-language Films, Bozeman

A New Forest To Conquer Essays - English-language Films, Bozeman A New Forest To Conquer The following is a story that I hope to someday tell my grandchildren. I want it to serve as a means of instilling in them the courage and dexterity that I have somehow found within myself to make it through this wonderful and sometimes very painful journey. Once upon a time, high, high up in a tree, there was a birds nest and in that nest there was a special, little egg . The mother bird worried and fussed and fussed and worried over her little egg, saying, Oh my, this little egg cannot possibly be big enough for my baby bird. Finally, the mother birds wait and worry over the little egg came to an end and her baby hatched. Unfortunately, the egg had indeed been far too small for her baby bird; the little bird was terribly sick from not having enough room to grow. Not sure how to care for the little one, which they named Polly, the mother bird and father bird took their new baby to the Great Owl . Thanks to the Great Owls wisdom and patience, the little bird lived, but, despite his tender care, Pollys wings would not grow. The mother bird refused to believe that her darling baby, that she had worried and waited for, for so long, would never fly. As Polly grew, her mother worked with her everyday, in hopes of teaching her daughter to fly. Eventually, their hard work paid off and, although she was a little slow and awkward, Polly finally learned to fly. As she grew bigger and surer of herself, Polly wished to play with the other birds her age. She tried to fly and play with them, but they did not want her in their games. They teased and mocked her and said she was too slow. Polly wished the other birds understood how hard she had had to work, just to be able to fly at all. But that did not matter to the other birds; they only wanted the strongest, fastest birds for their games . So, Polly went home, heartbroken, and made up her own games to play. When it came time for all the young birds to begin school, Polly had no choice but to join them. Afraid that her sensitive little daughter might be hurt by the other young birds, Pollys mother offered to let her go to a special school, but Polly refused. She was determined to keep up with the normal birds and find a way to fit in. In the beginning, the other birds made fun of Polly, but it turned out that the games she had made up to occupy her, made Polly much better than the others in school. Her experience with playing with twigs made her the best nest builder in her class and, even though she flew slower than the others, the hide and seek games she played with her mom made her the fastest at finding worms. Soon, the other birds were so busy trying to keep up with Polly; they forgot to make fun of her. As time passed, all of the young birds started to become aware of their unique appearances and some traits became more desirable than others. It turned out that small, delicate wings became quite the fashion and soon the little boy birds began to notice that Pollys wings were especially small and especially delicate. It didnt matter anymore that her wings made her slow; now, they made her pretty. At first, Polly was proud that her special wings were finally being appreciated and she made sure to show them off every chance she got. However, it didnt take long for Polly to get tired of all the attention she was getting. Many of the boy birds cared more about Pollys wings than they cared about Polly and, after awhile, they seemed to forget that she was attached to her wings at all. Some of the boy birds were mean and nasty to her when she refused to show off her wings. Before long, Polly didnt want to be around the boy birds . Then, one day, as Polly was flying around by herself, trying to stay away from all the

Monday, November 4, 2019

Korean Histiory Essay Example | Topics and Well Written Essays - 1250 words

Korean Histiory - Essay Example This attack followed an earlier attack, assumed to have been instigated by North Korea, which resulted in the sinking of a South Korean naval ship and caused the death of over 40 crew members. However, as the sirens rang, children’s laughter could be heard in the streets which created a surreal sensation of contradiction in this divided nation. It left many bystanders, both Korean and foreign, questioning the validity of the drill; throughout 2010, people in South Korea have been debating over the possibility of an outbreak of war but, even in these debates, citizens are divided over important issues that are central to the historical and current situation faced by North and South Korea.1 Park Chan-wook’s 2000 movie, Joint Security Area, masterfully captures the endless contradictions imbedded within this ideological crisis, and the audience watches as these contradictions simultaneously destroy the characters while providing a glimpse into the possibility of a reunific ation between the North and the South. Korea has been characterized as a land of contradictions. This is poignantly depicted in JSA, in which nothing is as it seems; although North Korea has consistently been portrayed as monstrous in its military ambitions and nationalistic intentions, the movie depicts a very different interpretation of North Koreans. The portrayal of the JSA is pivotal to this alternative depiction of the North because it serves as a site where a crack in the ideological divide can be initiated. At first, the two opposing sides of the JSA are defined in stark contrast to the other, with the North Korean side being highly monitored and regimented, and the South Korean side being used as a site of voyeuristic tourism – the visual manifestation of communism versus democracy. However, as night falls, the ideological gap between North and South, which seems

Saturday, November 2, 2019

Single Tuned Harmonic Filter Design Research Paper

Single Tuned Harmonic Filter Design - Research Paper Example Therefre, the filter re ued t ntrl hrmni in the netwrk. T deign uh filter, it i neery t: Minimiztin f ttl t f the filter (bjetive funtin) ubjet t ertin vlue f filter rmeter (ntrint) i the bigget hllenge fr filter deign. n timiztin re n be defined mximiztin (r minimiztin) f n bjetive funtin, f(x), ubjet t me ntrint f the rblem, g(x). Thee ntrint define the feible regin, i.e. regin tht ntin ible lutin f the rblem. The bjetive funtin i t minimize the ttl t f the filter n be frmulted : where F i the ttl filter t; R the filter reitne; X the fundmentl frequeny itive retne; XL the fundmentl frequeny indutive retne; Q the qulity ftr; X0 the rennt retne; min nd mx: dente the minimum nd the mximum limit, reetively. The ue f nventinl L tehnique i ulr, ne my ue due t the imliity f ytem mdeling nd bjetive. The qulity ftr determine hw hrly the filter i tuned t the trget hrmni rder. The dmittne f high Q filter dr ff quikly t frequenie bve nd belw it trget vlue. The timl Q fr ingle tuned filter led t hve the lwet hrmni vltge ditrtin. where ; ; ; U the inrementl t f the itr nd it i equl t 170103LE/MVR; UL the inrementl t f the retr nd it i equl t 170103LE/MVR; n the hrmni number; K=ntnt=0.4KW/MVR ; If the fundmentl urrent mnent; Ih the hrmni urrent mnent; U i ntnt, nd it i equl t : The fuzzy liner rgrmming tehnique i ued t minimize the bjetive funtin in Eq. (1) nd tify the filter rmeter (ntrint). ... The imedne f ingle tuned filter (Z) n be exreed : (7) t the trget hrmni rder, the filter retne i: (8) nd (9) where h i the trget hrmni rder. The ttl filter t bjetive funtin f filter deign f Eq. (1) n be exreed : (10) =K1R+K2X+K3XL where ; ; ; U the inrementl t f the itr nd it i equl t 170103LE/MVR; UL the inrementl t f the retr nd it i equl t 170103LE/MVR; n the hrmni number; K=ntnt=0.4KW/MVR ; If the fundmentl urrent mnent; Ih the hrmni urrent mnent; U i ntnt, nd it i equl t : (11) U=8760vFuUu where Fu i the Filter utiliztin ftr whih i equl t 1.0 nd Uu i the t f wer l/KWH whih i equl t 0.2 L.E. (12) nd N i the filter life=15 yer; I i the interet rte=0.05. 3.2. FD uing fuzzy liner rgrmming (FL) timiztin tehnique The fuzzy liner rgrmming tehnique i ued t minimize the bjetive funtin in Eq. (1) nd tify the filter rmeter (ntrint). The differene between L nd FL tehnique i tht the vlue nd ertr uing the nventinl L re ri vlue, while, the vlue nd/r ertr f the FL re Fuzzified hrteriti, uing FL tehnique. 3.2.1. Fuzzy mdeling f ntrint The red tringulr fuzzy mdeling fr the filter reitne i hwn in Fig. 1. It i een tht, memberhi funtin fr the reitne i equl t 1 igned t Rmed, eh mnent f filter i rereented by tw liner ntrint: the lwer limit nd the uer limit. The lwer limit memberhi fr the reitne f the filter i deribed fllw: (13) nd the uer reitne limit memberhi i: (14) imilrly, the red tringulr fuzzy mdeling fr the itive retne i hwn in Fig. 2. The lwer limit memberhi fr the itive retne f the filter i deribed fllw: (15) nd the uer itive retne limit memberhi i: (16) imilrly, the red tringulr fuzzy mdeling fr the indutive retne i hwn in Fig. 3. The lwer limit memberhi fr the indutive retne f the filter i deribed

Thursday, October 31, 2019

Health Psychology Essay Example | Topics and Well Written Essays - 1250 words

Health Psychology - Essay Example In its true sense health psychology encompasses clinical health psychology, public health psychology, community health psychology and critical health psychology (Marks, 2005). In the present scenario psychology finds its way in medical and physiological aspects, contributing to innovation in thoughts in terms of health and care facilities. The thought further gained strength from the acknowledgment of genetic predisposition along with behavior of the individuals encompassing ability to combat stress, beliefs of the individual about staying healthy, the positive attitude towards life and the kind of lifestyle an individual is leading. All these paradigms are essential in deciphering the nature of individual and the ability to combat disease of any critical condition. Along with these characteristics, social conditions like the attitude of family members, relationships in family, financial conditions, cultural and traditional values an individual possesses, the kind of co-operation an individual seeks from the social set up, the grooming of individual and the perception of the individual for life. All these are essential for the comprehensive understanding about the health psychology which is concerned with behavior of the individual and the kind of medication an individual is taking. Two major issues that emerged in understanding health psychology are- the extent to which the healing is explicit (the placebo problem) and the echelon to which they are executed (the adherence to regimen) (Blackwell, 1976). It is evident that most of the reimbursement of medications could not be procured as they are not performed to their completion. It is essential that the patient adhere to the treatment regimen. Since 1973 research is being carried out to establish the factors serving as stumbling blocks in the path of adherence to treatment regimen. Theories have been formulated to overcome these hurdles and

Tuesday, October 29, 2019

Transnational Media and Globalization Essay Example | Topics and Well Written Essays - 4000 words

Transnational Media and Globalization - Essay Example In the process cultural diversity becomes a victim though the extent to which TMCs can be held responsible for these development depends on a number of endogenous and exogenous factors such the ever increasing influence of TMCs due to their rising revenues and involvement in foreign countries. On the other hand how best local communities are able to resist these extraneous influences on their cultures is not particularly amenable to a particular interpretation. In the process theoretical and conceptual frameworks of analysis are used to develop contingency models of behavioral impact arising from activities of TMCs and their behemoth-like approach to societal transformation. A critical analysis of the activities of a broader cross section of the key global media corporations would demonstrate the extent and the nature of their influence on local cultures other variables remaining constant. It's in this extended context that an element of threat to these native cultures is seen in their global role. 1. Analysis1.1. Overview Neo-liberal ideology has persistently been advocating globalization as the sole solution to all economic problems and the underlying political agenda in this ideological approach is obviously mind-gobbling. TMCs have been in the forefront of this propaganda campaign that supports integration of societies into the global system at each level. However it's not so much the intention of TMCs that has been questioned but its emphasis on a particular practical approach to globalization, viz. the world culture theory. According to this theory globalization is "the compression of the world and the intensification of consciousness of the world as a whole" (Robertson, 1992). In fact those elements in the whole system or consciousness are assumed not to question the motive behind globalization. In other words 'the end justifies the means' approach to globalization and the subsequent TMCs' actions are inseparably interconnected.The current literature on the subject of TMCs' role in cultural tra nsformation of societies has been intensely focused on the world culture theory of globalization. Analysts and researchers have identified the extent and the manner of TMCs' involvement in these efforts. The threat perception of TMCs' actions has been interpreted in this context as the ultimate outcome of an otherwise elusive set of nuances associated with subterfuge. Communication is part and parcel of the whole culture centric theory of transformation in the globalization process. This is all the more subtle in the third world society context because these societies or polities have much less power to resist TMCs' attempts at integration or transformation. Global culture thus becomes a vehicle for unity.The evolutionary process of

Sunday, October 27, 2019

Managing Financial Resources And Decisions Commerce Essay

Managing Financial Resources And Decisions Commerce Essay Typically, entrepreneurs are dynamic and enthusiastic about their ideas. To be a successful entrepreneur, you need good ideas to fulfil a demand. Every entrepreneur must think about money. For the business there are some sources of funding for budding entrepreneurs. Probably less financial risk in earning start-up funds from friends and family, than in borrowing from a institute so have look first to those sources of finance. Task 1 A Gardening Service can be a good idea for small business of an entrepreneur. For this small business funds can be personal savings, friends and family, grants etc. If any person uses their savings to invest in business, then the source of finance comes under the heading of personal savings. Most of entrepreneur funded with personal savings. Friends and Family is next fund to start-up business.  No one wants to get involved with a start-up company. But in case of friends and family, easy to collect and hassle free. Funds can be collected by friends and family less than  £5000. Then my third funds for gardening service will be Credit Card. this card with pre-loaded cash given by bank. For that we have to pay interest. By credit card fund can be like  £5000. Among these funds, friends and family will be best for the gardening service. Because its easy to collect, it can be big amount for small business, convenient, and easy to start-up for any deal. Producing musical feeding chair for babies Babies like attraction. A musical chair will be good attraction for most babies. Lots of funds need to start of this business. From that I decide three source of funds- Overdrafts, Personal savings, and Friends and family. Overdrafts can be use in small business. Bank will provide overdrafts on customers demand. Overdrafts are secured funds for business provide by bank. An interest has to pay yearly. Entrepreneur can use it any times. So overdrafts can be the good source of finance for this business. Selling customised t-shirt, mugs and other novelty items online People like to shop at online to save their time. If I start selling customised t-shirt, mugs and other novelty items online, like other business entrepreneurs I need to select source of funds. Funds are Angel Investor, Personal Savings, and Overdrafts. Persons who invest in different companies at pre-mature stage to make profit and the chance to guide the company call Angel investors. In compare, business enterprise capitalist spend as a profession and in general on behalf of other investors. Angels typically invest their own funds. The investment from these angels can be from $150,000 to about $1.5 million dollars. These angels are usually entrepreneurs who want to help out promising entrepreneurs with their own businesses. For those reason I like to rising funds by angel investor. Starting a financial consultancy A financial advisor known as  financial  consultant, they offer advice about  money management. Most people come to  financial  consultancy firm for guidance on how to reach their long term financial  goals. To open and run these business three funds can be chosen. . Factoring  is where the  financial  association advances the entrepreneur cash against income from the entrepreneurs outstanding amount. Factoring is a firm, usually are paid a proportion of the invoices value. Factoring is appropriate for this business. Because, this is an institute, they provide funds quickly. Running Bed Breakfast For this business as an entrepreneur I can invest by debt financing, friends and family and personal savings. The majority of new small businesses are funded with Debt Financing via institutes. Banks will provide with a loan or line of credit that comes with repayment schedule and an interest rate. Loan can be provided by type of business and demand of entrepreneur. For opening of the business debt financing could be best source for funds. For this business like to funded with debt financing. Because dont have to give up equity, easy to get loan, maximum banks are giving low interest rate. So debt financing is the best source of funds for the business of Bed Breakfast. Task 2 Personal savings Advantages: No equity-holders to pay. Best way to sue savings. Do not need to borrow. No monthly payment. Disadvantages: Funds will be limited. May face a lot of personal debt. May miss out on earning interest. Friends and Family Advantages: Funds are available quickly. May do not pay any interest. Disadvantages: Limited funding. One time funding. May have to pay interest. Risk of relation if business does not success. Credit Card Advantages: Low interest rate. Bank will provide that. This is won funding. Disadvantages: Limited amount. Have to pay interest. Overdrafts Advantages: Sometimes not need to pay interest. Can be used any time. Can by refund any time Disadvantages: Need to pay interest. Have to apply for that. Amounts are limited. Angel investors Advantages: Angels invest more than money. Provide mentoring and contacts. No monthly payments. Disadvantages: Angels are difficult to find. Take up valuable time. Giving up equity in your company. Factoring Advantages: Provides funds quickly. Helps companies with a rickety and unstable cash flow. Disadvantages: Increased accounting oversight and administration. Cost of money is involved in factoring. Debt Financing Advantages: You build a powerful relationship with banker. Dont have to give up equity. Disadvantages: May be required to provide personal collateral. Have to pay interest. Task 3 Cost comparison of the sources Cost means the amount to be paid for anything bought. Using those sources must have to calculated cost. A Gardening Service Personal savings is best for invest in business among other sources. The cost is very low here, only opportunity cost. Cost of Friends and Family also low. But sometimes entrepreneur have to pay interest. For the using Credit Card can be expensive. Because bank charge for it. Different bank have different policy to charge for amount. Producing musical feeding chair for babies In this business I used overdrafts, personal savings, and friends and family. Here overdrafts have interest cost. But in other two funds no interest cost. Selling customised t-shirt, mugs and other novelty items online Funds are Angel Investor, Personal Savings, and Overdrafts for this business. Angel investors very costly to fund, but they invest a lot. Those investor will take money after invest. For personal saving do not have to pay back and in overdrafts have to pay interest. Starting a financial consultancy Invested funds are factoring, personal savings and credit card. An extensive cost of money is involved in factoring and credit card. For investing personal savings only cost is opportunity cost. Running Bed Breakfast I invested debt financing, friends and family and personal savings in running bed breakfast business. In the Debt Financing lots of interest has to pay to the financial institute. Like interest, security deposit etc, for the personal savings and friends and family no need any deposit. But in friends and family sometime need to pay interest Task 4 As a budding entrepreneur I will go for selling customised t-shirt, mugs and other novelty items online. Because now people like to buy novelty items form online to save money and time. Now a days online selling is going more competitive and challenging. As an entrepreneur I like to take challenging jobs. On the other side selecting source of funds are easy and a good amount can be collected. Conclusion In this business world everything is going very fast so opening a new business is very challenging. Fund collection is one of the most important facts in business. Funds can be collected from different sources. But an entrepreneur must have to select right funds for the right business. Then there is less chance to fail.

Friday, October 25, 2019

Snow Falling on Cedars by David Guterson :: Snow Falling Cedars David Guterson

Snow Falling on Cedars by David Guterson Snow Falling on Cedars by David Guterson gives readers an idea of what it was like to be Japanese in the 1940’s and 50’s. In our nation at that time, much of the population felt that Japanese and Japanese Americans could not be trusted. Americans did not like the immigrants coming here and taking jobs that were once theirs. Last, of course, the evacuation and containment of the Japanese and even Japanese American citizens made it clear that America did not trust them. Prejudice against Japanese and Japanese Americans was most prominent in the western states, more specifically California, Oregon, Washington, Arizona, and Nevada. These also happen to be the states most populated by people of Japanese descent. The disproportion can be seen in a poll taken in December of 1942 by the American Institute of Public Opinion. When asked â€Å"Do you think the Japanese who were moved inland from the Pacific Coast should be allowed to return to the Pacific Coast when the war is over?† Seventeen percent nationally said they â€Å"Would allow none to return,† whether they were citizens or not. In the western states, nearly twice as many felt this way, an astonishing 31 percent (Merrick 207). This data does not show, however, whether the inlanders were less prejudiced or merely wanted to send the Japanese back to the West. It seems the war was an excuse to lock these people away for a while. Discrimination existed long before the wa r began with a swift attack on Pearl Harbor. Interestingly, Hawaii had few racial problems, despite being at the site of the devastation. People often fear what they do not understand. Why did Germans and Italians not experience such distinct discrimination? European culture is fairly similar to American culture; it is, after all, where most of American culture and inhabitants came from. The Japanese, on the other hand, have severely different customs than the United States, customs that must have been hard for people to understand or value. Many White people saw the quiet reserve of the Japanese descendants as an indication of a cold, heartless, unfeeling person. To Caucasians, dark faces with slanted eyes were something they could not understand; and therefore, could not trust. Snow Falling on Cedars by David Guterson :: Snow Falling Cedars David Guterson Snow Falling on Cedars by David Guterson Snow Falling on Cedars by David Guterson gives readers an idea of what it was like to be Japanese in the 1940’s and 50’s. In our nation at that time, much of the population felt that Japanese and Japanese Americans could not be trusted. Americans did not like the immigrants coming here and taking jobs that were once theirs. Last, of course, the evacuation and containment of the Japanese and even Japanese American citizens made it clear that America did not trust them. Prejudice against Japanese and Japanese Americans was most prominent in the western states, more specifically California, Oregon, Washington, Arizona, and Nevada. These also happen to be the states most populated by people of Japanese descent. The disproportion can be seen in a poll taken in December of 1942 by the American Institute of Public Opinion. When asked â€Å"Do you think the Japanese who were moved inland from the Pacific Coast should be allowed to return to the Pacific Coast when the war is over?† Seventeen percent nationally said they â€Å"Would allow none to return,† whether they were citizens or not. In the western states, nearly twice as many felt this way, an astonishing 31 percent (Merrick 207). This data does not show, however, whether the inlanders were less prejudiced or merely wanted to send the Japanese back to the West. It seems the war was an excuse to lock these people away for a while. Discrimination existed long before the wa r began with a swift attack on Pearl Harbor. Interestingly, Hawaii had few racial problems, despite being at the site of the devastation. People often fear what they do not understand. Why did Germans and Italians not experience such distinct discrimination? European culture is fairly similar to American culture; it is, after all, where most of American culture and inhabitants came from. The Japanese, on the other hand, have severely different customs than the United States, customs that must have been hard for people to understand or value. Many White people saw the quiet reserve of the Japanese descendants as an indication of a cold, heartless, unfeeling person. To Caucasians, dark faces with slanted eyes were something they could not understand; and therefore, could not trust.

Thursday, October 24, 2019

Accountability Memo

MEMORANDUM Subject: Increasing of public scrutiny on not-for-profit reporting requirements The purpose of this memo is to explain why increasing scrutiny and demand for accountability by the public has influenced reporting for not-for-profit and governmental entities. State and federal regulators are reviewing, audit reports of agencies like ours that receive federal grants and loan monies. Their purpose is to â€Å"ensure that independent audit firms are in compliance with Generally Accepted Audit Standards (GAAS) and recently added requirements under Generally Accepted Government Auditing Standards (GAGAS) or yellow book standards†.The reporting requirements that the auditor's require to be able to prepare a statement of understanding of internal control structure is of particular interest. Because we are a not-for-profit company, the auditors have to report what certain members have the clearance to report cash donations and make deposits directly to the companies bank acco unt. The auditors also need to evaluate the internal controls we have in place to prevent theft, and report the strengths and weaknesses of our system. As a result, we need to provide the auditors with access to our computer transactions for all finance members.Your cooperation is greatly appreciated in this matter and being in compliance will the auditors will help protect our interest in continuing to receive federal monies as part of our operating budget. Sincerely, References: Williams , J L (Summer 1992 . New audit standards for audits of entities receiving federal financial help . Outlook , 60 , n2 .. 51 (1 . Retrieved August 5, 2012 General One via Gale : HYPERLINK http /find . galegroup . com /ips /start . do ? prodId IPS http /find . galegroup . com /ips /start . do ? prodId IPS Steinberg , R M Johnson , R N (August 1991 . Implementing SAS no . 55

Wednesday, October 23, 2019

Financial Management and Control – Kingspan

Financial Management and Control Kingspan Assignment 6th December 2012 Contents Introduction4 1. Profitability Ratios4 1. 1Gross Profit Ratio4 1. 2Net Profit Ratio4 1. 3Return on Capital Employed (ROCE)4 2. Liquidity Ratios5 2. 1Current Ratio5 2. 2Quick Ratio/Acid Test Ratio5 3. Efficiency Ratios6 3. 1Debtors Days6 3. 2Creditors Days6 3. 3Inventory Turnover Days6 4. Gearing Ratios7 4. 1Gearing Ratio7 4. 2Debt to Equity Ratio7 4. 3Interest Cover7 5. Investment Ratios8 5. 1Earnings per Share8 5. 2Price Earnings Ratio8 5. 3Dividend Cover8 6. Sources of Finance9 6. 1Debt capital:9 6. 2Lease and Hire Purchase9 . 3Share Capital9 6. 4Creditor & Debtors10 6. 5Reducing stock levels10 7. Conclusion10 7. Appendices11 7. 1Appendix 111 7. 2Appendix 212 Introduction Below are the ratio findings based on Kingspan PLC’s annual report year ended 31st December 2010. The ratios are calculated for both 2010 and 2009. The ratios are as follows: 1. Profitability Ratios 1. 1Gross Profit Ratio 201020 09 Gross Profit333,694Ãâ€"100%=27. 96%308,913Ãâ€"100%=27. 45% Sales Revenue1,193,2151,125,523 There is a slightly higher Gross Profit in 2010. Kingspan are now holding onto . 51% more of each euro of sales then they were in 2009.This is due to the increase in sales. 1. 2Net Profit Ratio 20102009 Net Profit (before Int & Tax)67,405Ãâ€"100%=5. 65%62,659Ãâ€"100%=5. 57% Sales Revenue1,193,2151,125,523 There is a slight increase of. 08% in 2010 compared to 2009. If going by the gross profit ratio this should have been higher; this indicates that they need to manage their expenses more efficiently thus increasing their net profit. 1. 3Return on Capital Employed (ROCE) 20102009 Net Profit (before Int & Tax)67,405Ãâ€"100%=7. 65%62,659Ãâ€"100%=7. 97% Capital Employed (W1)880,616786,676 Kingspan has been less efficient in using their capital in 2010; they are down by . 2% from 2009. Although there was an increase in sales in 2010 the decrease in ROCE is due to the higher borrowings in 2 010. If in following years they continue this trend investors could start to worry and sell shares. 2. Liquidity Ratios 2. 1Current Ratio 20102009 Current Assets471,193=1. 55:1398,212=1. 31:1 Current Liabilities304,922303,529 The current ratio in 2010 shows that kingspan are managing their short term debt more efficiently than in 2009; this is due to increasing their current assets and managing to keep their currents liabilities relativity steady.They need to manage their debtors and stock better to further increase the ratio which will entice potential investors. 2. 2Quick Ratio/Acid Test Ratio 20102009 Current Assets less Closing Inventory (W2)342,158=1. 12:1287,391=0. 95:1 Current liabilities304,922 303,529 In 2009 Kingspan may have had difficulty in paying their short term creditors but they have managed to increase it in 2010. Given the ideal ratio of 1:1 they could look at investing the surplus assets for a return. ? 3. Efficiency Ratios 3. 1Debtors Days 20102009 Debtors218,04 7Ãâ€"365=66. 70Days181,071Ãâ€"365=58. 72Days Credit Sales1,193,2151,125,523Kingspan were managing their debtors better in 2009. There is an increase of 8 days in 2010; this could potentially lead to bad debt. Collecting their debt earlier will increase the liquidity of the business. They could offer discounts on early payment or offer a cash price. 3. 2Creditors Days 20102009 Creditors93,024Ãâ€"365=38. 68Days85,228Ãâ€"365=40. 42Days Credit Purchases (W3)877,735769,671 Kingspans creditors days have decreased by 2 days meaning they are paying off their debts 2 days earlier than in 2009. This shows that Kingspan are managing their debt more efficiently and may interest potential investors. 3. Inventory Turnover Days 20102009 Average Inventory (W4)119,928Ãâ€"365=50. 93Days134,291Ãâ€"365=60. 02Days Cost of Sales859,521816,610 Kingspan has managed their stock more efficiently in 2010; by doing so they have increased their cash flow and reduced their holding costs. ? 4. Gearing Ratio s 4. 1Gearing Ratio 20102009 Long Term Borrowing213,671Ãâ€"100%=24. 26%201,141Ãâ€"100%=25. 57% Total Capital (W1)880,616786,676 By decreasing the level of gearing they have decreased the level of financial risk, although they have increased their borrowing the increase in capital is greater meaning that they are using less debt to make their profit. . 2Debt to Equity Ratio 20102009 Long Term Borrowing213,671Ãâ€"100%=32. 04%201,141Ãâ€"100%=34. 35% Shareholders Funds666,945585,535 Debt to equity has decreased by almost 2% in 2010 showing that there are more shareholders funds to borrowings. This shows that Kingspan can manage to pay their debts which is important for future borrowings and investors. 4. 3Interest Cover Interest Cover 20102009 Profit before Interest & Tax67,405=5. 3562,659=4. 91 Loan Interest12,59412,750 There are higher interest rates associated with short term borrowings than there are with long term borrowings.By reducing their short term and increasing their lon g term borrowings Kingspan has reduced their finance costs in 2010. They have also increased their sales giving a better interest cover. It shows that in 2010 Kingspan would be able to pay their interest 5. 35 times compared to 4. 91 times in 2009. Bank and investors would look at this ratio to see how they cover their loans. 5. Investment Ratios 5. 1Earnings per Share 20102009 Profit after Interest and Tax48,657,000= â‚ ¬ 0. 28 47,658,000= â‚ ¬ 0. 28 Number of ordinary shares171,755,762171,503,951Earnings per share in 2010 have remained almost the same as 2009. It is displayed here rounded but 2010 has a slight increase. It shows the profitability of Kingspan and the consistency of the EPS shows security. Shareholders are receiving a slightly higher return in 2010. 5. 2Price Earnings Ratio 20102009 Price per share7. 49=â‚ ¬ 26. 956. 05 =â‚ ¬ 21. 32 Earnings per Share0. 280. 28 It is more expensive to buy Kingspan shares in 2010 than compared to 2009; this shows confiden ce in future earning power. 5. 3Dividend Cover 20102009 Profit after Int & tax & Pref Div48,657=7. 0NIL Earnings per Share6,661 Kingspan can pay their shareholders 7. 3 times from their available profits. They did not pay any dividend in 2009; this could have been a strategic move to increase cash flow. ? 6. Sources of Finance Kingspan operate a number of different finance sources, such as: 6. 1Debt capital: Kingspan have both long and short term borrowings. With short term borrowings such as overdrafts and hire purchase kingspan will pay a high interest rate on their 2009 borrowings of â‚ ¬31,863mn but they have managed to reduce that by over half to â‚ ¬14,259mn.This will reduce the financial costs. The interest rate for long term borrowings is generally a lot lower than that of short term loans; although Kingspan increased there long term borrowings in 2010 by â‚ ¬12,529mn they will be paying a lower interest rate, again saving on finance costs. By reducing their short t erm borrowings and increasing their long term borrowings in 2010, Kingspan have managed to reduce their overall finance cost to â‚ ¬156mn in 2010. The long term borrowings of â‚ ¬213,671mn have been scheduled for staggered repayments over 5 years, this ill allow kingspan to meet their liabilities when due. Interest rates for loans over â‚ ¬300,000 can be discussed with individual financial institutions. Kingspan’s interest rate for both long and short term loans will depend on their credit rating. They will have to be able to produce cash flow forecasts or provide security for the loan. 6. 2Lease and Hire Purchase This form of finance allows Kingspan to obtain the use of an asset without a large initial cost. It is beneficial as the risk remains with the owner and as technology changes they can upgrade the equipment with minimal cost.Kingspan have increased their lease/hire purchase costs by â‚ ¬7mn in 2010. 6. 3Share Capital The core funding in Kingspan is provid ed by shareholders; this increased by â‚ ¬81,410mn in 2010. Although there is risk involved and there may be a high return expected by using this form of financing there is no requirement to pay dividends even if profits exist. As Kingspan do not have preferred shareholders they did not pay out dividends in 2009 and allowed them to retain their profit and improve sales. 6. 4Creditor & DebtorsKingspan's creditors days decreased by 2 days in 2010; depending on the agreement they may have been able to receive a discount for early payment. However agreeing longer credit terms with their suppliers would allow them more flexibility with cash flow. In 2009 Kingspan were also managing their debtors days more efficiently than that of 2010. This may be due to the down turn in the economy and to make sales they could have offered longer repayment options. If needed Kingspan could renegotiate the terms or offer discounts for early payment. 6. 5Reducing stock levelsBy reducing the number of d ays stock is held will save on holding costs such as security, light, heat, warehousing and staff it will also reduce the risk of spoiling or obsolete goods. Kingspan have managed to reduce their stock turnover days to 51 days compared to 60 days the previous year. 7. Conclusion Overall Kingspan is performing better in 2010 than compared to 2009. The sources of finance are working well for the company, they have a low gearing ratio and have moved funds between long and short term borrowing taking advantage of a lower interest rate.They are managing their creditor, debtor and stock turnover days more efficiently than in 2009. They are leasing or using hire purchase to obtain assets this giving Kingspan the use of equipment without a large initial cost. Given the industry and the economic climate in 2010 Kingspan shows to be a liquid company and shows confidence in future earnings. ? 7. Appendices 7. 1Appendix 1 Workings (W1)Capital Employed20102009 Share Capital & Reserves666,945585, 535 Long Term Debt213,671201,141 882,626786,676 (W2)20102009Current Assets471,193398,212 Closing Inventory-129,035-110,821 342,158287,391 (W3) Credit Purchases20102009 Closing Stock129,035816,610 Cost of Sales859,521110,821 Opening Stock-110,821-157,760 Purchases877,735769,671 (W4)Average Inventory20102009 Opening Stock110,821157,760 Closing Stock129,035110,821 Total Stock239,856268,581 ? 2119,928134,291 ? 7. 2Appendix 2 Share prices for Kingspan Fig 1. 2009 share price as of 31/12/2009 Fig2. 2010 share price as of 31/12/2010 http://www. kingspan. com/kingspangroup/investors/share_info/share_chart/