Essay on Supply Chain Management at Regal Marine - 673 Words

SUPPLY CHAIN MANAGEMENT AT REGAL MARINE Global firms like Regal Marine know that the basis for an organizations existence is the good or service it provides society. Great products are the keys to success. With hundreds of competitors in the boat business, Regal Marine must work to differentiate itself from the flock. As you read in the Global Company Profile that opened this chapter of your text, Regal continuously introduces innovative, high-quality new boats. Its differentiation strategy is currently reflected in a product line consisting of 22 models. As firms become increasingly focused and specialized, the supply chain performance grows in importance. Money spent with suppliers represents a huge portion of most firms revenues.†¦show more content†¦However, partnering extends from jointly developing components, to modular designs at suppliers and at Regal, to rapid delivery and low inventories. These techniques allow innovative products to be rapidly and economically included in Regal’s boats. Regal has also developed special arrangements with suppliers who maintain shop floor components for Regal. In some instances title transfers when the item is used, and in other cases title transfers when items are delivered to the property. Both approaches help Regal reduce total inventory and the related costs. In this partnering process, Regal Marine partners can expect loyalty from Regal, and the suppliers can gain prestige by representing the high-quality products which Royal Marine produces, which can result in profit margins. Suppliers can also largely benefit from economies of scale and learning curves, reducing the production cost. The â€Å"friendship† and loyalty which arise from partnership gives confidence and stability to the business. Additionally, Regal’s membership in the American Boat Builders Association allows it to participate in lower costs because of the combined purchase strength of the association. Finally, Regal works with an Orlando personnel agency to outsource part of the recruiting and screening process for employees. In all of these cases, Regal is demonstrating creative approaches to supply chain management that help RegalShow MoreRelatedPearlll619 Words   |  3 PagesSupply- Chain Management at Regal Marine Like most manufacturers, Regal Marine finds that it must spend a huge portion of its revenue on purchases. Regal has also found that the better its suppliers understand its end users, the better are both the supplier’s product and Regal’s final product. As one of the 10 largest U.S. power boat manufacturers, Regal is trying to differentiate its products from the vast number of boats supplied by 300 other companies. Thus, the Orlando firm works closely withRead More460 Syllabus KWONG Winter 11 121220855 Words   |  4 PagesSTUDIES IN OPERATIONS MANAGEMENT Winter 2011, SHC C368 Instructor: Kern Kwong, Ph.D. Office: Simpson Tower 805 College of Business and Economics California State University, Los Angeles Office Hours: Tuesday: 2:00-6:00 p.m. Email: kkwong2@calstatela.edu Website: http://instructional1.calstatela.edu/kkwong2/Mgmt460 Office Telephone: 323-343-2899 [Use email if you need a reply quickly.] Course Description Management 460 is a case studies course in the management of manufacturing andRead MoreEssay on Supply Chain Management686 Words   |  3 Pages â€Å"Supply chain management is the flow of goods, services, and information from the initial sources of materials and services to the delivery of products and activities occur in the same organization or in other organizations†(Horngren695). This approach enables Regal Marine (R.M) to be highly effective, efficient, and profitable. More over supply chain management effectively manage your supply chain by synchronizing the demand for your products with your production capabilities, optimizing your resourceRead MoreEssay on The culture of Quality at Arnold Palmer Hospital2902 Words   |  12 Pagesï » ¿Chapter Supply-Chain Management Discussion Questions 1.â€Æ'Supply-chain management is the management of the activities that procure raw materials, transform them into intermediate goods and final products, and deliver the products to customers through a distribution system. 2.â€Æ'The supply-chain function’s role is to help identify the products and services that can best be obtained externally; develop, evaluate, and determine the best supplier, price, and delivery for them. 3.â€Æ'The objective of logisticsRead MoreEssay on Regal Carnation Hotel Case3818 Words   |  16 PagesRegal Carnation Hotel (Guam) Case Analysis Case Introduction The island of Guam is an unincorporated territory of the United States located in the Philippine Sea. Ruled by the Spanish until 1898, Guam was ceded to the United States and briefly occupied by Japan between 1941 and 1944. Of strategic significance during the Second World War, more than 18,000 Japanese and 1,800 U.S. marines died in the U.S. retaking of the island. Following the war, the Guam Organic Act of 1950 provided forRead MoreOperations Management25115 Words   |  101 Pageshospitals, have a production function. True (What is operations management? moderate) 4. Operations management is the set of activities that create value in the form of goods and services by transforming inputs into outputs. True (What is operations management? easy) 5. An example of a hidden production function is money transfers at banks. True (What is operations management? moderate) 6. One reason to study operations management is to learn how people organize themselves for productive enterpriseRead MoreAsian Paints Global Expansion Strategy7628 Words   |  31 PagesStrategy Executive Summary Asian paint is the market leader with 49% of market share in Indian decorative segment and maintains its position among the top ten players in the world. It is only Indian company operating in India having supply chain management supported by i2 technology. The report also talks about the market share of Asian paint in decorative as well as industrial segment and its growth.The report we made for demostration present condition of Asian paint market in India andRead More50 Harmful Effects of Genetically Modified (Gm) Foods14312 Words   |  58 Pagesthe US Patent Office alone, and many more abroad. Furthermore an economic war broke out to own equity in firms that legally claimed such patent rights or the means to control not only genetically modified organisms but vast reaches of human food supplies. This has been the behind-the-scenes and key factor for some of the largest and rapid agri-chemical firm mergers in history. The merger of Pioneer Hi-Bed and Dupont (1997), Novartis AG and AstraZeneca PLC (2000), plus Dow s merger with Rohm andRead MoreFundamentals of Hrm263904 Words   |  1056 Pagescom/college/quickstart Technical Support 24/7 FAQs, online chat, and phone support www.wileyplus.com/support Your WileyPLUS Account Manager Training and implementation support www.wileyplus.com/accountmanager MAKE IT YOURS! Fundamentals of Human Resource Management Tenth Edition David A. DeCenzo Coastal Carolina University Conway, SC Stephen P. Robbins San Diego State University San Diego, CA Tenth Edition Contributor Susan L. Verhulst Des Moines Area Community College Ankeny, IA John WileyRead MoreHemp Cultivation in China42289 Words   |  170 Pagesstrategists on their efforts for 1996. ---In 1995, we supplied six varieties of seed, in small amounts, to IHA members for pilot research projects in Australia, Finland, and South Africa. We are expanding this archive for the 1996 season and hope to supply research quantities of seed for the majority of commercially available hemp varieties from France, Hungary, Poland and Romania. The IHA now has access to a refrigerated room (+3o C) for seed storage. ---The IHA appeared at a natural products exhibition

Internet Censorship Libraries Essay - 2768 Words

Libaries across the nation are in a dilemma, should they filter what information is available to its visitors via the Internet? This scenario is being debated all across the United States. Many states are arguing over whether or not the library has the authority to limit what information is accessible via the Internet computers at the library. The argument is over the First Amendment right of Free Speech. There are family groups who are actually in favor of allowing unfiltered access on the Internet, not what one would think. These groups also support the notion of parents being with their children while they are on the Internet, not something that all parents have the luxury of being able to do. Other groups want the†¦show more content†¦Public access to the Internet is available at over 50% of the public libraries in the United States. Library patrons can access the limitless information available that the Internet offers. With this many libraries allowing acc ess and many more each day adding access a new dilemma has been created. The dilemma is to support the American Library Associations Bill of Rights and the First Amendment Right of Free Speech or to limit access to the Internet by censoring or blocking out undesirable information, and thus going against the right of free speech. On July 2, 1997 the American Library Association (ALA) adopted a resolution affirming that the use of filtering software by libraries to block access to constitutionally protected speech violated the Library Bill of Rights. An earlier statment by the ALA titled Access to Electronic Information, Services and Networks in January of 1996 stated users should not be restricted or denied access for expressing or receiving constitutionally protected speech. One would think that this would resolve the libraries dilemma, it did not. Public libraries must answer to boards, parents and their constituencies and therefore this group of people must support this decision as well. Libraries have constitutional support as well as professional sanction for open Internet access. Each library must wrestle withShow MoreRelatedCensorship Online1041 Words   |  5 Pagesabout issues regarding Censorship of the Internet. According to the textbook, censorship is a way used by governments or religious institutions to supervise or regulate the public access to offensive or harmful materials (Quinn 2012, p.496). Internet censorship applies the same discipline which regulates the public access to harmful content on internet. Nowadays, internet is a place with huge potential for growth. Statistics suggest that the total growth of new internet users is 566.4% from DecemberRead More Internet Censorship Essay802 Words   |  4 PagesInternet Censorship Internet Censorship. What does this mean to us? What is restricted? Censorship is summarily defined as the suppression of objectionable material. That means that material such as pornography, militant information, offensive language, anti-religion, and racism would be restricted in use. Freedom would not only be restricted to material placed on the web, but also what you could access, and where you could explore. Should the right of Freedom of Speech be taken away fromRead More High School Internet Censorship Essay1019 Words   |  5 PagesHigh School Internet Censorship       The common image that comes to mind on the topic of censorship is that of book burning. Dating back to ancient times, the easiest way to deal with unwanted writings has been to get rid of them, usually by heaping them into a blazing pyre. In his most famous science fiction novel, Fahrenheit 451, Ray Bradbury warns of a futuristic society where all literature is destroyed under a kerosene flame and the citizens freedoms are kept in check by the lack of writtenRead MoreCensorship Is Not Limited Repressive Regimes Or Network Television?1522 Words   |  7 PagesCensorship is not limited to repressive regimes or network television. Weather we know it or not censorship is happening all the time throughout the day. We censor ourselves, we listen to censored music and as students we see the internet being heavily censored in school. The Children’s Internet Protection Act (CIPA) was signed into law in 2000; the law requires any public schools or library to filter any inappropria te content from the computers being used by minors. Since the law has been put inRead MoreOff the Leash: Censoring the Internet Essay1737 Words   |  7 Pagesyour Facebook today? How about your E-Mail? If not, you may be missing something even now! In today’s fast-paced world of instant information, if you aren’t on the internet, you’re almost certainly uninformed. Networks and the internet make up an alarmingly large part of our life. We get our news (both personal and public) via the internet, we talk to friends, shop for things, pay our bills†¦ but how vast is the monster that does all of this? This question, along with many others, is essential in theRead More We Dont Need Internet Censorship Essay1350 Words   |  6 PagesWe Dont Need Internet Censorship Censorship is an extremely controversial issue. There have been hundreds of thousands of essays written about whether or not censorship on the Internet is right or wrong, but so far, no precise conclusion has surfaced. Ive researched into the topic, but I havent completely sided with one or the other. There are just good reasons against censorship. This essay briefly discusses some reasons why the Internet should be censored, but will then mainly focusRead More Censorship and the Internet Essay1213 Words   |  5 Pagesinformation available on the internet many people believe that some of this information should be censored by the United States Government. Whos to say what should be accessible and what should not? Where does it start and stop? Does internet censorship make a nation a safer place to live? There are many countries that don’t allow the use of the internet at all and some countries only censor what they don’t want their citizens to know. Daniel C alingaert said â€Å"The internet has provided greater spaceRead More Internet Censorship Essay example1506 Words   |  7 PagesCensorship of the Internet   Ã‚  Ã‚  Ã‚  Ã‚  We should demand that all public schools and libraries install and configure Internet Filters. This statement shows how Jeffery Pollock, a candidate for the 3rd Congressional District seat in Oregon, views the Internet. Unfortunately for him, the one thing that he ranted and raved about was the one thing that gave him an unfair disadvantage in the in the upcoming elections. (Blind Ballots) Cyber Patrol, One of the leading Internet censoring companies and isRead MoreShould The Government Effectively Censor the Internet? Essay1033 Words   |  5 PagesThesis: The United States Government must cease trying to reduce privacy and censorship on the internet, because it limits the right freedom of speech, builds mistrust towards the government, and it wastes resources better spent on other types of law enforcement. The United States Government needs to stop drafting laws that aim to reduce online privacy and give the government the power to effectively censor the internet. The creators of these proposed laws would try to say that they will allow theRead More The Threat of Censorship Essay1952 Words   |  8 PagesThe Threat of Censorship The First Amendment of the Constitution distinguishes Americans from other citizens in the world. The right to free speech, press, and religion is at the core of the Americanvalue system. As a result, when thesefreedoms are challenged people tend to react strongly. However, at times government officials and theirconstituents would argue that censorship, or other violations of Constitutionalrights, are legitimate. With the advent of new technologies, politicians createnew

Harlem Renaissance Questions Example For Students

Harlem Renaissance Questions What are the three other names for the Harlem Renaissance? New Negro Movement New Negro Renaissance Negro Renaissance What was significant about the H.R.? Marked the first time that Main Stream publishers critics took African American literature seriously. What are the four factors that laid the groundwork for the movement? 1) A black middle class 2) Great Migration 3) Cultural center for blacks 4) African american community What was the Great Migration? 100s of black Americans moved from economically depressed rural South to industrial cities of the North to take advantage of employment. What two factors contributed to the development of a black middle class? 1) NAACP 2) Harlem Who was W.E.B. Du Bois? Historian and sociologist What were the two organizations that were created in the early 1900s to help African Americans? 1) NAACP 2) Urban League Who was the first black poet to receive national recognition? Paul Dunbar What three works signaled the new creative energy in African American literature? 1) Harlem Shadows 2) Cain 3) There is confusion What was the name of the literary magazine that helped launch the Harlem R. Fire!! What are three ways that magazines such as CRISIS and OPPORTUNITY promoted African American literature? 1) many writers 2) the stories 3) the people What was a major accomplishment of the Renaissance? Getting people to not be as racist. What are four factors that contributed to the decline of the movement? 1) Great Depression 2) NAACP League 3) writers 4) riots Who were three important writers during the Renaissance? 1) Dunbar 2) Langston Hughes 3) Zora Neil What did the Harlem Renaissance prove? people are strong.

Sensitivity Analysis Decision Making Process

Question: Discuss about the Sensitivity Analysis for Decision Making Process. Answer: Introduction: Sensitivity analysis is widely used in the management decision-making process. The tool is normally used for capital budgeting process of the business. The tool provides an opportunity to evaluate the relationship between all the components of any project. The purpose of the sensitivity analysis is to measure the responsiveness towards the Net Present Value (NPV) of the projected return of the investments. The analysis of sensitivity provides the option to check the NPV of the investment in any project and forecast the change in every particular by changing any key item of the project. The risk analysis is done by using the sensitivity analysis of the investment. The change in the input variable changes the cash flow as well as the bottom line of the return of the project. It can be measured using the sensitivity analysis. The sensitivity measurement provides the degree of change or the degree of detraction of the bottom line (Ashokkumar, 2014). Sensitivity analysis may indicate the importance of the variable that might be used as the key indicator in the business. The main advantage of sensitivity analysis for the managers is its simplicity to analyse the data. Sensitivity analysis does not need any special theory to understand for the managers. The management's effort and concentration towards any investment related activity can be measured using the sensitivity analysis. The sensitiveness of particular item can be identified in this process, and the manager may target those items particularly to attain the objectives of the firm. Source of planning is provided with the sensitivity analysis as it provides the opportunity of professional judgment to be applied by the managers in decision-making. The sensitivity analysis allows the managers to use the automated system to analyse the different situation of the business due to change in any variable (Aslan, 2015). The process of quality checking is also possible by applying the sensitivity analysis. The quality checking of the item with a concentration on such one variable is possible as sensitiv ity provides the resource to verify the quality of the process by identifying the variable. The main disadvantage of the sensitivity analysis is a dependency on the single variable. The change in one variable does not change other similar types of variables. The example of independency of the variable is changed in material price does not change the price of other products. However, the managers can change the price of the products due to change in the price of the materials. This is the main weakness of sensitivity analysis, and it can be overcome by applying the simulation in managerial accounting where more than one variable can be changed or tested by the managers. This type of analysis considers the extent of change in the value of the variable instead of the probability of change in that variable. So, sensitivity does not measure the relative change in the price or the variable. The last disadvantage of this analysis is not to provide any particular solution to the managers (Blau and Fuller, 2008). The sensitivity analysis does not provide any solution instead; it pro vides some indications and the further key to analyse of the situation. Scenario analysis Scenario analysis is the process to predict the possible future of some scenes in the business. It is based on the probability measurement and provides the opportunity to obtain an idea of possible outcomes of any action in operation to the managers (Campbell et al. 2012). Scenario analysis does not show any particular picture of the future instead; it shows different possibilities in future. The scenario analysis helps in measuring the expected return of any investment. It is applicable in investment strategy too. The standard deviation of the certain share can be measured, and the measurement of two or three standard deviations might provide a different return for the portfolio. The investor might obtain the different possibilities of return of the portfolio due to the different standard deviation of the stock or the risk associated with it. The analysis is also used in finance too. The tool is useful for appraising the project investment situation for the managers. The scenario an alysis is helpful in the decision-making of the capital investment of any project. The scenario analysis helps the manager to determine the risk level they can go for and the level of risk they cannot afford to complete the project. Additionally, it might provide the opportunity to analyse the financial outcome of the project in different situations using the probable factor in the measurement (Creedy and Gemmell, 2012). The scenario analysis helps in maximising the profit and minimising the risk associated with the project. It provides the opportunity to the manager to assess three scenarios namely best, worst and normal case scenarios. The value or the expected values of these three scenarios are determined by some probable values from the experiences. The process of scenario analysis involves the scenario development by the management. There are six phases of activities in developing the scenario in the business by the manager. The first phase states the problem identity of the f inancial context. The description of the current situation is the next phase, and this phase also provides the identification of relevant factors of the situation. The next phase is to determine the classification, valuation and scenario elements of the situation. The next phase is important as it provides the opportunity to build up the scenario as in practice. The fifth phase, analyse and interpret the scenario with suitable reasoning. The last phase provides the opportunity to make a strategic decision to the management concerning the different scenario. The main difference between the sensitivity and scenario analysis is both provide different types of prediction of future to the managers. The former one presents the application and necessity of any variable in any capital management decision whereas the later one provides the information on different scenarios of investment. The scenario analysis evaluates the risk assessment containing in the market as well as the risk associated with the project itself (Moyer, 2012). However, the risk assessment in sensitivity analysis is associated with only one variable. The scenario can be of many types functional and a cluster of scenarios. But, sensitivity analysis has no such classification in practice. Sensitivity analysis provides the key indicator in the business. However, scenario analysis does not bind its measurement to any variable instead; it provides holistic measures in different situations. Comparison between two models: Capital Asset Pricing Model and Capital Market Line Capital Asset Pricing Model (CAPM) Capital asset pricing model provides the idea on the relationship between expected return and systematic risk of the investments in the market. There are two types of risks present in any investment systematic and unsystematic risk. The basic theory of CAPM assumes that portfolio of investments is diversified by market portfolio nullifying the unsystematic risks of the investments. However, the systematic risks cannot be eliminated in this way of diversification. The CAPM model measures the systematic risk of the investment compared to expected return on the investment (Davies et al. 2014). The equation of CAPM model is as follows: Er = Rf + * (Rm - Rf) (Goldstein and Hackbarth, 2014) Er = expected return on investment Rf = Risk-free rate = volatility of the security Rm = expected return of the overall market (Rm - Rf) = premium of equity market The government's ten-year bond yield is normally taken as the risk-free rate in this model whereas premium of the investment is the expectation of the investors of more return than that of the risk-free rate. The beta provides the relative volatility of the stock price and the index of the market. The value of beta can vary from 0 to any positive value (negative beta is rare in the stock market as it is possible for the gold beta). The theory of beta states that low beta or beta having a value of less than 1 can provide less movement in its share price compared to the market index. So, the return of these stocks is lesser than that of the stock index. The beta of 1 provides the equal return to the market whereas the having value more than 1 can move more than the market index. The investors must invest in the stocks of having a beta of more than 1 when the market is rising while the inverse is true when the market is going downwards. This model measures the risk of the investment by measuring the relative volatility in the stock with the index (Huang et al. 2015). The systematic risk of the investment is priced in this model (Mntysaari and Mantysaari, 2010). The model provides the security market line after plotting in the graph. The line provides the information on the excess return of the investment compared to risk. The measurement of the SML provides the expected return by multiplying price and quantity risk of the investment. Capital Market Line (CML) The capital market line is extracted from the mean-variance portfolio theory. The mean-variance portfolio states that all the investors are rational and like to invest with the minimum variance in their investment. The CML can be drawn by drawing a tangent from the risk-free rate to market portfolio. The capital market line is the relation between expected return to volatility in the stock portfolio. The tangent indicates the capital market line where an investor might want to hold the risky asset on prorate basis with the market weight of that specific stock (Karpavi?ius, 2014). The tangency point with the curve is known as investments in the risky assets (Lin et al. 2012). The risk and return greater than the tangency point show that the investors have invested in high-risk assets. The following figure shows the capital market line of the investment. The point L shows the investment of fewer risk securities in the portfolio. The point M suggests that all the securities possess the risk of the market whereas point R says the high risk is leveraged to the invested assets. The capital market line can be determined by empirical formula too. The expected return in capital market line is as follows: E(R) = Rf + delta ( E(Rm) Rf) / delta (market) (Kimyagarov and Shivdasani, 2013) Delta is the standard deviation of the security and the market respectively. The Sharpe ratio is measured using the capital market line. The value of Sharpe ratio provides the value of excess return compared to volatility per unit of the securities. The ratio has the same value on a specific current market line. Comparison The CAPM provides the information on the excess return of the investment in respect to price risk and quantity risk. The model only can provide the information on the systematic risk as the assumption of the model has stated to nullify all the unsystematic risks of the investment. The systematic risk beta is measured in the X axis of the security market line. The capital market line is the efficient frontier in the Markowitz portfolio theory where the risk-free asset is added to the minimum variance portfolio. The main comparison between CAPM and CML is as follows: CML is the line on the efficient frontier of the portfolio whereas the CAPM and SML both are possible in any portfolio. The portfolio only may provide the systematic risk, and expected return on the investment, but not the capital market line as the portfolio is inefficient. The reason is that not all the securities lie on the capital market line or the efficient frontier. The majority of the securities can lie behind the capital market line (Lendel et al. 2015). In capital market line, the risk-free lending and external lending both are possible to make the portfolio efficient. The portfolio measured using the capital asset price also can be efficient by investing in the efficient securities. For the efficient portfolio, the CML and SML are the same lines whereas the inefficient portfolio has SML but not other. The capital market line accounts the entire risk of the investment whereas the capital asset pricing model measures the only systematic risk of the investment. References Ashokkumar, S. (2014) Thoughts on business ethics and corporate social responsibility from Vedic literature, Procedia Economics and Finance, 11, pp. 1522. Aslan, H. (2015) Do lending relationships affect corporate financial policies?, Financial Management, 45(1), pp. 141173. Blau, B.M. and Fuller, K.P. (2008) Flexibility and dividends, Journal of Corporate Finance, 14(2), pp. 133152. Campbell, T., Fisher, J.G. and Stuart, N.V. (2012) Integrating sustainability with corporate strategy: A maturity model for the finance function, Journal of Corporate Accounting Finance, 23(5), pp. 6168 Creedy, J. and Gemmell, N. (2012) Measuring revenue responses to tax rate changes in multi-rate income tax systems: Behavioural and structural factors,International Tax and Public Finance, 20(6), pp. 974991. Davies, T., Crawford, I., MR, T.D. and Etc, I.C. (2014) Corporate finance and financial strategy: Optimising corporate and shareholder value. Boston, MA, United States: Pearson. Goldstein, I. and Hackbarth, D. (2014) Corporate finance theory: Introduction to special issue, Journal of Corporate Finance, 29, pp. 535541. Huang, K.-F., Dyerson, R., Wu, L.-Y.andHarindranath, G. (2015) From temporary competitive advantage to sustainable competitive advantage, British Journal of Management, 26(4), pp. 617636 Joseph, J. (2011) Internal and external sources of finance. Available at: https://www.askwillonline.com/2011/04/internal-and-external-sources-of.html (Accessed: 19 January 2017). Karpavi?ius, S. (2014) Dividends: Relevance, rigidity, and signaling, Journal of Corporate Finance, 25(3), pp. 289312 Kieschnick, R. and Rotenberg, W. (2015) Working capital management, the credit crisis, and hedging strategies: Canadian evidence,Journal of International Financial Management Accounting, 27(2), pp. 208232. Kimyagarov, G. and Shivdasani, A. (2013) Managing pension risks: A corporate finance perspective, Journal of Applied Corporate Finance, 25(4), pp. 4149. Lendel, V., Soviar, J. and Vodk, J. (2015) Creation of corporate cooperation strategy, Procedia Economics and Finance, 23(2), pp. 434438. Liang, G., Ltkebohmert, E. and Wei, W. (2015) Funding liquidity, debt tenor structure, and creditors belief: An exogenous dynamic debt run model, Mathematics and Financial Economics, 9(4), pp. 271302 Lin, C., Lin, P. and Zou, H. (2012) Does property rights protection affect corporate risk management strategy? Intra- and cross-country evidence, Journal of Corporate Finance, 18(2), pp. 311330. Mntysaari, P. and Mantysaari, P. (2010) The law of corporate finance: General principles and Eu law. Heidelberg: Springer Publishing Company. Moyer, C.R. (2012) Contemporary financial management. 12th edn. United States: South Western Educational Publishing.

The purpouse of a higher education Essay Example For Students

The purpouse of a higher education Essay Some People say that the world has many opportunities, some say that you cant get anywhereunless you are born to some certain class of people. Some even say that it is pure fate that bringsyou where you are going to be and what you get is what you get and you cant do anything aboutit. I think that people decide their own fates and it doesnt matter who was your parents or howmuch money you have. I think that your education is the most important thing that you can havein life it can bring you many things like; advancement, family, stability, a career, and of courseIn many countries your job is already decided when you are born because of what your parentdoes for a living and their stature in society. That is many people say that the United States is theland of opportunity, you can do what ever you want with your life as long as you earn it and havethe right qualifications. You can decide weather you want to continue after high school andeducation or get a minimum wage job. Many people take that right for granted and they put offcollege until they after they have a family and get settled with out knowing that their family willtake up the rest of their lives. People who are from other countries who move to take advantageof this right we take for granted understand the purpose of a higher education. Advancement is inevitable no matter what you do you will have to be going forward in someway. Weather your advancement is to a new position in your job or a whole knew career, even ifall you are doing is going to the next day you are advancing. I think that if you want to decidewhere you are going to advance to you have to have a good education. If you dont have a goodeducation you are going to play life like that lottery, you may go to a better job where you getbetter money or you can get fired because they want someone with more education. You neverknow what can happen to you in the next week or even the next day. Family is one of my biggest priorities in life besides my education. The future, that is how I lookat family. Either you can teach your kids about higher education by example or by your mistakes. We will write a custom essay on The purpouse of a higher education specifically for you for only $16.38 $13.9/page Order now You also need a higher education for a family because you need to manage the bills and keep upbooks on your finances. If you have no education and a bad job you will never have your ownhome. You will not be able to provide for your children or yourself as well as you would if youA career is the goal of most people in the world, but sometimes I think that there are not enoughavailable for all the people who want one, so if you want to get one you will have to work foe itand prove yourself to be worthy of the job you desire. So that requires a higher education. With acareer you have all the things that I have mentioned available to you. You can even get your ownbusiness and be your own boss. You can save money and plan for retirement, you can start acollege fund for your children so they can get a higher education as well. Knowledge is the key to the world. It is the factor between man and beast, between who you areand who you want to be. Knowledge is what having a higher education is all about. If you had allthe knowledge in the world you would be undefeatable. No one could stand in you way. Youneed knowledge to teach others how to become what they want to be, you can teach the nextgeneration who will take care of what you have worked your whole life for and if you haveknowledge you will teach them right and trust that they wont destroy your dreams. When the people say that the world has many opportunities I think that they are correct. Theworld does have many opportunities, people just have to work for them. It is not fate that decideswhat you are going to be or where you are going. People decide their own fate and takeadvantage of the opportunities that they choose. I think that fate is just something that peoplewho are lazy and want the world to come to them thought up. They really had no plans on gettinga higher education or actually working for what they wanted in life, so they thought up an idea tosoothe their conscience in thinking that there was no problem with not working for what youneed to achieve in life. Or maybe fate is something that people with a lucky streak thought upbecause they had no other explanation for their fortune and they had to give it a label. .ucabe837fcdb2282da5d09bf9c10a6c12 , .ucabe837fcdb2282da5d09bf9c10a6c12 .postImageUrl , .ucabe837fcdb2282da5d09bf9c10a6c12 .centered-text-area { min-height: 80px; position: relative; } .ucabe837fcdb2282da5d09bf9c10a6c12 , .ucabe837fcdb2282da5d09bf9c10a6c12:hover , .ucabe837fcdb2282da5d09bf9c10a6c12:visited , .ucabe837fcdb2282da5d09bf9c10a6c12:active { border:0!important; } .ucabe837fcdb2282da5d09bf9c10a6c12 .clearfix:after { content: ""; display: table; clear: both; } .ucabe837fcdb2282da5d09bf9c10a6c12 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ucabe837fcdb2282da5d09bf9c10a6c12:active , .ucabe837fcdb2282da5d09bf9c10a6c12:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ucabe837fcdb2282da5d09bf9c10a6c12 .centered-text-area { width: 100%; position: relative ; } .ucabe837fcdb2282da5d09bf9c10a6c12 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ucabe837fcdb2282da5d09bf9c10a6c12 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ucabe837fcdb2282da5d09bf9c10a6c12 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ucabe837fcdb2282da5d09bf9c10a6c12:hover .ctaButton { background-color: #34495E!important; } .ucabe837fcdb2282da5d09bf9c10a6c12 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ucabe837fcdb2282da5d09bf9c10a6c12 .ucabe837fcdb2282da5d09bf9c10a6c12-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ucabe837fcdb2282da5d09bf9c10a6c12:after { content: ""; display: block; clear: both; } READ: Selected Readings in Computer-Mediated Communicati EssayStability is very important to many people, some people travel all around the country movingfrom house to house never knowing where they will live the following months. All because theykeep losing their jobs to people who have gone on and achieved a higher education. To theemployer a person with a higher education is more of an asset to the company and they arewilling o sacrifice their current employees to obtain their services. So when you have a highereducation the employer is less willing to sacrifice your services and you will be guaranteed a jobfor a long time. With an on going job you will continue to learn the skills needed and you willcontinue to grow as an employee, thus creates stability. Through a higher education you can achieve allot of things such as , advancement, Family values,a successful career, and vast knowledge of the world around you to make you aware of the futureand the things that will come to be. Even if you believe in fate you can say that if you dont get ahigher education you will have the fate of a unsuccessful person and be destined not to have thelife you have always dreamed. Anyone you ask that has experience with life will tell you thesame words I have written knowledge is the key and the door is a happy successful life in theBibliography:

The best pictures of swimmers Essays

The best pictures of swimmers Essays The best pictures of swimmers Essay The best pictures of swimmers Essay I proceeded to select something in the same range of interest, but not entailing as much to handle. Still hoping to create a project in the fashion industry, I decided on merely just creating a portfolio of designs I wish to create. After my sketches I would finalize them with a detailed drawing complete with colors. I would put the designs in a giant book resembling a scrapbook. Along with that I would find fabrics to go along with each article of clothing. Instead of creating the clothes, I would be gathering samples of materials. This seemed like fun to me, and I was excited to begin. I started with a few designs and focusing on perfection. After those were finished, it was harder than I thought to find fabrics that would suit each creation and accessories. That was just a small problem though. My interest was starting to deteriorate. The Personal Project is a year long affair. Even though this seemed fickle, I needed a topic I could commit to. This seemed almost too easy and just seemed all too familiar to me. Based on the advice of former sophomores, they told me that it was of great importance to pick an idea that would lead into new excitements and keep me hooked on the project. This was something that I have been doing for a hobby since middle school. The Personal Project is supposed to broaden horizons and I was looking forward to venturing into the unknown. I felt that my portfolio was limiting the possibilities and I was not taking advantage of such a golden opportunity to try something foreign to me. Therefore I decided to go into a new direction. Discouraged by the lack of fulfillment that fashion brought me and the failures of my former ideas, I desired complete opposition. I ruled out anything even relating to fashion and instead focused on another interest: writing and drawing. I wanted to incorporate writing and drawing into a childrens book. Childrens books are rich in colors and vibrant pictures which I have a knack for. They also require climatic and exaggerated storylines which I enjoy writing. Also, they need a creative layout and presentation. Many of these elements would help me not only with this book I was planning to create, but I could possibly acquire new skills for my career as an editor. As I began working, I felt this starting to go downhill too. It was boring and seemed so unoriginal. I needed to add sparkle with a new concept. What a better way to do that by adding one of my stronger classes of Spanish into the mix? By making the book bilingual, I would be strengthening my existing knowledge of the Spanish language and I would be learning new aspects. This was surely something I could stay dedicated to. I worked hard to come up with a storyboard and especially on pictures to accompany the plot. In fact, I was quite in to the drawing part. Still, I could not envision this standing out amongst other projects. I feed off attention and I wanted mine to be amazing, something that others will envy and more importantly something I could be proud of and remember forever. This seemed all too similar to other peoples works. In fact, one of my classmates had a striking resemblance to this exact idea. I could not share the spotlight with someone else. If wanted something that defined who I am and to be one of a kind. If this project was being duplicated by another, there is no way that I can rightfully call this my own. It could not mark just my personal development. It was not until winter when I finally came up with the perfect project. Briefly aforementioned is my involvement in swimming. This was one of the first interests to be ruled out because I quickly came to the conclusion that nothing can evolve into a year long study. Many past projects were videos or creating a team. But with swimming a video would be impossible and inappropriate. And developing a team requires much more than just having kids sign up. I would have to be of legal age and go through many six month long application projects. Also, coaching requires immense experience. I could not ethically teach kids proper stroke knowing there are better people suited for the position. I do, however, have quite an amount of knowledge of the sport, for my past coaches and my coach at the present time are all amazing. One of my more recent coaches and the one I have had the longest, has been especially helpful and really transforming me into the athlete I am today and I wish to pass on the expertise that he has bestowed upon me. Initially I completely bypassed any ideas because I was close minded and could not figure out a way to intertwine all of that with tangibility. After the crash of the previous idea though, the ideal project came to mind. As previously stated, I want to be an editor of a magazine. No one said it had to be fashion. There are numerous fashion magazines dominating the periodical industry. Yet I could not help but notice that there are very few swimming magazines. All of which are bimonthly and are brief. I knew exactly what I should do: create a magazine. I would design it for teen swimmers who are dedicated and want to be the best they can be. It would include basics of stroke and technique and tweaks to perfect it. In addition to that I would have proper nutrition for the active teen which is something I could easily attain data upon. Also, I would feature the latest swimming news about innovative products with ads to complement it and famous swimmers along with top times. At first I thought I would be doing this cover to cover. However, I am no expert in all of the areas I wish to include. All of the basis of information would be from the internet and other magazines which do not make it new to avid readers and I would feel like I am not finding out new facts on my own. I feel that a storyboard along with sample pages would carry across the general idea of my magazine. The storyboard would show the general content breaking up the subjects and giving a general feel for the magazine. The sample pages would display the layout and readability of the periodical. Along with that would be articles that I would use in the real thing. I would need to get information to do this and have valid sources from experts and other sources. Some of these sources unfortunately must be the internet and other book and periodicals because I do not have enough experience for me to be the sole informant. I am no Olympian and my swimming itself is no where near perfection. Also, time or location does not allow me to find all the needed experts and interview them, but I do have enough from coaches and personal accounts to have firsthand knowledge. I plan on the nutrition and wellness to be the strongest point of my magazine. I can arrange an appointment with a couple of nutritionists and interview my pediatrician for accurate health and diet specifics. Now that my topic was established, it was time to create a time table and plan of action for this to be followed through. First order of business was coming up with a snazzy name. Even though this was not top priority the name would confirm that this is my Personal Project and just make it seem more real to me. The name is important so I feel like I am fully committed and cannot turn back. I went through a series. I carefully thought of other names of magazines and what they do for them and how they apply to content. For example, Cosmopolitan. It is a womans sort of how-to guide for life. The name describes what the normal lady wants to be with a hip and suggestive name. It means for someone to fit in and be part of society, which, lets face it, everyone wants to be just that. The New Yorker is often associated with the elite of academia and writing. Also a New Yorker is thought to be one of a society of innovation. Therefore that name perfectly suits it. I want mine to be distinct, but still fun and youthful. I need it to hint at the fact its a swimming magazine without being blunt like Teens Swim and Nutrition. Therefore, after much deliberation, I came up with Eat My Wake. Secondly, I must have material to publish. I would start with something small like topics of articles. I knew that I was not going to publish an entire issue. So I needed to carefully choose what I was going to write sample articles on. These would be pretty general to ensure maximum understanding of the magazines purpose. I decided that a guide to each stroke with an introduction, key movements, and tweaks to perfection would be good to cover the stroke aspect of the topics. For nutrition, I would describe ideal foods and diets for better performance along with suggested calorie count and necessary nutrients. Finally, I would have recent swimming news and momentous meet updates (this would be the last thing to write about so I can include the most recent information at the time the Personal Project is presented). In the back of the magazine would be top times for all age groups and world records so swimmers can compare themselves to the leaders of the country. Then I needed to think of what I wanted to use that would illustrate my articles. The best pictures of swimmers are those nearest to perfection. These are our Olympian athletes and role models that we aspire to be. I wish I had a team of photographers to go and get my own original pictures of them, but the closest I will have is the internet and other magazines and posters. So I scanned these looking for action shots portraying what I focus on in a particular article. Pictures rich in movement are motivating and easy to admire. After finding pictures I would move on the part requiring the most attention: the articles.

Answer six questions Essay Example | Topics and Well Written Essays - 2000 words

Answer six questions - Essay Example According to BBC News, the basic reason for its decline is the decrease in male industrial unskilled workers and more female workers in the tertiary sector. Changes in economy have led to this employment structure. Other than that, changes in the labour market such as increased part time work, more females in the workplace and also more self-employed people has also led to a decline in trade union memberships (BBC News, 2000) Other than this, BBC reports that because the UK economy is shifting to the services sector from the manufacturing sector, it is growing. Despite this growth, jobs are being lost in the manufacturing sector because of which membership is decreasing (BBC News, 2000). Another important reason for this decline is Government policy. In 1979, during the 'Winter of Discontent', an opinion poll showed that 82% of the UK population thought that the unions had a lot of power (Ruysseveldt & Visser, 1996). It was almost a threat. To take down this power of the unions, the Government introduced legislations that ultimately resulted in theTrade Union Reform and Employment Rights Acts 1993. Due to this, till 1992, membership density fell by a significant percentage. I think that trade union membership will decline further because like earlier reasons, the labour market structure keeps changing its shape. ... This sounds unpleasant and is likely to cause damage to management-employee relations and also has in the past. Employees need to feel secure in their jobs. This is expected to increase their motivation and commitment to the organisation. And when this commitment is threatened (due to redundancies) and when employees are scared of losing jobs, they must be talked to using the best possible medium. Today, because of technology, managers use media such as email or text messaging to fire people (Gennard, J., Judge, G., 2005). Stunts like these cause damage to the employment relationship. Redundancies are usually made because they are crucial to the profitability and hence, the success of an organisation. However, when it happens, the employees that already work in the organisation feel insecure. To avoid any damage to the employment relationship of these employees, they must be told exactly why the redundancy had to be made, what its result for the organisation will be and how it will benefit the employees that work in that organisation. In other words, proper communication has to take place in a situation like this and that too, through face-to-face. And not through some text message that would threaten workers even more and make them feel alienated. Even workers that are being fired must be explained properly why the action is compulsory for the firm. Any compensation that can be made must be made by the management and if employees need appropriate assistance in the future, they will be given it . Employees should be assured of this. A redundancy program that is inadequately managed leaves the organisation to costly employment board claims and they can damage this organisation's reputation in the business society. A badly reputed