Saturday, August 31, 2019
Art History Essay
I have had to date a career in event and music management. I studied drama at Manchester Met University and then left to work in event and music management. I have had a passion for art since childhood. Over the past three years i have sought to use this enthusiasm to good effect. I focused on discovering new talent and learning about the process of creation and also the curating of exhibitions. This lead to me creating a pop up exhibition for students at Central Saint Martins in a vacant space on the Portland estate in Marylebone. I also worked in collaboration with commercial clients; Art related fashion Installations at The Saint Martinââ¬â¢s lane hotel alongside the Opera Gallery on Bond Street and also in New York for the Morganââ¬â¢s hotel group. I started up an event management company with two other people. We parted company and i used the quite challenging period after this to rethink my ideas and what i wanted to do with my life. I read around the subject of Art History extensively during this period. I am now assisting my father in his emerging market advisory company. i have persuaded him to consider developing the cultural industries side of the business with a focus on exploring market opportunities in Africa in relation to art. I want to underpin this with increasing my academic and practical knowledge of contemporary art. In the past i have completed number of courses at Central Saint Martinââ¬â¢s school of arts in art politics and also an introduction into curating. In the weekly classes it gave me the basic framework and understanding of contemporary art, artists and museums. Within the curating course you learnt to build ideas on exhibition making and also gain an understanding of historical models of the past that really aided me in my professional collaborations. These courses have motivated me to this point and really cemented the idea of studying in more depth and looking at the business of Art as a career. I am currently attending Morley College and studying a short course in Japanese Prints and French art in the middle ages which are both coming to an end. I looked at the Sothebyââ¬â¢s course in contemporary art and it seems a natural progression from what I have done in the past and will aid to my further studies in the history of art this year and a career in the arts.
Friday, August 30, 2019
Aol Strategic Decision Making and Corporate Social Responsibility
Assume you have recently joined Genzyme, a leader in biotechnology with revenues of nearly $4 billion in 2007, as a member of Jim Geraghtyââ¬â¢s strategic planning staff. Geraghty is a Senior Vice President at Genzyme. You have been evaluating several projects as a member of the Humanitarian Assistance for Neglected Diseases (HAND) program and must provide Henri Termeer, Genzyme CEO, with some clear recommendations about which project(s) to undertake.Using the information provided in the Harvard Business School case ââ¬Å"Genzymeââ¬â¢s CSR Dilemma: How to Play its HANDâ⬠and Exhibit 1: Comparative Analysis of Alternatives, (attached) your task is to provide a written report that: 1. Identifies and explains the dilemma Genzyme is facing. 2. Evaluates the various project proposals being considered. 3. Recommends specific alternatives to Termeer and the Board, justifying your recommendations. 4.Satisfies an extremely demanding Board of Directors, which expects to see that yo u use appropriate analytical and decision-making tools learned in the course of your MBA program when conducting your analysis and reaching your conclusions essay writer promo code. Your report should adhere to the following guidelines: ?The length of the paper must not exceed 4 pages (5 pages if you choose to include two or more charts or graphics) ? Formatting must be space-and-a-half, 12-point Times New Roman font, with 1â⬠margins. ?Properly cite the Genzyme case whenever appropriate custom paper writing service.Make sure that any quotations are clearly denoted. ?Do not use supplemental information about the company or the external environment that has not been included in the case and attached materials. The same written responses will be used by different readers/evaluators for assessing the Strategic Decision Making goal in the EMBA program. Goal 1: Strategic Decision Making ââ¬âGraduates make ethical strategic business decisions that utilize appropriate quantitative and/or qualitative analyses, information, and data to further the attainment of the firmââ¬â¢s goals and competitive strategies ? Ã
Thursday, August 29, 2019
Betrayal and Loyalty
Throughout the play, Iago manipulates the other characters into betraying one another so that he can get his ultimate betrayal on Othello. Shakespeare uses Iago as the main portrayer of betrayal throughout the entire play. He betrays all the other characters, but his main focus is on Othello. Despite that, he ends up betraying all the people closest to him. Iagoââ¬â¢s betrayal starts off from the first scene page of the play right until the end. The audience learns Iagoââ¬â¢s motive through his monologue: ââ¬Å"Thus do I ever make my fool my pursel hate the moor, and it is thought abroad that ââ¬Ëtwixt my sheetsââ¬â¢ has done my office. I know not ifââ¬â¢t be true, but I, for mere suspicion in that kind will do as if for surety. â⬠Iago suspects that Othello has had an affair with his wife. However, Shakespeare makes Iagoââ¬â¢s motif very unclear; therefore, it can be argued that this is Iagoââ¬â¢s excuse and in actual fact he has no reason other than he simply hates Othello. Iago wants to destroy Othello because Othello promoted Casio as chief lieutenant instead of him, which is another reason why Iago wants to destroy him. Iago is one of Shakespeareââ¬â¢s most complex villains. Initially, we see Iagoââ¬â¢s character as pure evil, yet later we see him as a completely amoral person. Iago does not push aside his conscience to commit his evil plans, he simply lacks a conscience to begin with. Through Iago, Shakespeare shows us a character that acts against his reputation and betrays all this friends and loved ones. Through some careful thought out words and actions, Iago is able to manipulate others to do things in a way that benefits him and moves him closer to his ultimate goal. He is the main driving force of the play, pushing Othello and everyone towards their tragic end. Iago is smart. He is an expert judge of people as well as their character and uses this to his advantage. Iago is also quick on his feet, making him able to improvise when something unexpected occurs. Being as smart as he is, Iago is quick to recognize the advantages of trust and uses it as a tool to forward his main purpose. Throughout the story he is commonly known as the ââ¬Å"honest Iagoâ⬠. He even says himself, ââ¬Å" I am an honest manâ⬠. Trust is a very powerful emotion that is easily betrayed. Iago is a master of betrayal. He slowly poisons peopleââ¬â¢s thoughts, creating ideas in their heads without risking himself. Iago is capable of anything, not even the brave soldier Othello is safe from this villain. Othello holds Iago to be his closest friend and advisor. He believes Iago to be a person, ââ¬Å"of exceeding honest, who knows all qualities with learned spirit of human dealingsâ⬠. Yes, he does know about human dealings, but he is not the honest man he appears to be. He uses Othelloââ¬â¢s trust in him to eventually turn Othello into a man no better than himself. Othello is introduced to us in the first scene of the play in a negative light, when Iago and Rodrigo refer to him using derogatory terms such as, ââ¬Å"The Moorâ⬠, ââ¬Å"the thick lipsâ⬠, ââ¬Å"an old black ramâ⬠and ââ¬Å"a Barbary horseâ⬠. Othello may be an outcast in Venice due to the color of his skin; however, he is a highly respected soldier. He is extremely skilled in his field and a loyal man; therefore, valuable to the state. Due to this, we soon learn of Othello as the noble man he is. Othello, however, has the ââ¬Å"tragic flawâ⬠. It is the internal imperfection in a hero that brings him down. His downfall becomes his own doing; he is no longer the victim of fate. The prejudice of those around him destroyed him, and they believed that, ââ¬Å"A black man is an unattractive creature, not quite human, and unworthy of loveâ⬠. Thinking this made him unable to believe that Desdemona could truly love him. This is why he believes Iago so easily when he convinces him Desdemona has had an affair. Othello betrays his wife by believing Iagoââ¬â¢s word over hers, this then leads him to his ultimate betrayal when he kills her at the end of the play. At this point he also shows his loyalty to her by killing himself, stating that he canââ¬â¢t live without her. The man we see at the end of the play is not the loyal man we meet in the beginning. Othello has let the ââ¬Å"green eyes monster of jealousyâ⬠turn him from a loyal soldier to a betrayer just like Iago. Desdemona is a lady of spirit and intelligence; she is the most direct, honest and loyal character of the play. She only betrays people to those to who she is loyal. Desdemona is a lady of few words, yet she makes sure every word counts to get her point across. In Desdemonaââ¬â¢s eyes, Othello is the hero of many exciting and dangerous adventures; he is the orphan who needs love. These are the reasons Desdemona had fallen in love with Othello, despite all the nasty remarks from fellow Venetian citizens. Her marriage has brought her position and happiness, so much that she finds it unbearable to think that her husband has turned against her. This numbness lasts until she sees that he actually intends to kill her. She then puts up a defense, insisting on her loyalty and innocence. In despair of losing his love, she still defends him from consequences of his actions, but he is past seeing the truth: that she has committed herself to his love, and without it she cannot live. Othello ends up killing his wife, in spite of her loyalty toward him till the very end. By the end of the play, all characters have lost their loyalty to each other from what Iago as done to make them feel betrayed. Desdemona is left lifeless in her room, Iago kills his wife Emilia, as she reveals that Desdemona has been falsely accused of adultery, and Othello kills himself rather than living with what he has done. Iago is the only survivor by the end of the play, which further justifies his intelligence. All the characters have reached their downfall and Iago is finally pleased. He has completed the ultimate betrayal.
Wednesday, August 28, 2019
Sales promotion campaign Essay Example | Topics and Well Written Essays - 1000 words
Sales promotion campaign - Essay Example The main target demographic is comprised primarily of upwardly mobile middle class white collar workers interested in maintaining a certain status of success who typically already have well-defined ideas of what types of drinks are appropriate for their position in life. According to Hugh Archibald, chairman of the National Association of Cider Makers, ââ¬Å"drinkers in England have a deep-rooted perception of cider as a rustic ââ¬Ëalternativeââ¬â¢ drinkâ⬠(cited in C&C, n.d.). Recognizing value in a product is a quality most Britons pride themselves on, particularly in the larger cities among the prime demographic group. Among these consumers, image is important in helping to develop this perception of quality. ââ¬Å"UK consumers know about quality, they have an expert knowledge of organic products and what is good for them. They understand that quality is importantâ⬠(Vyse, 2005). If Magners can position itself as a product that offers higher quality and therefore greater value for the money spent, it can repeat its Ireland success throughout Great Britain as well. It will be the objective of this campaign to boost sales of Magners Cider in Great Britain to reflect a closer relationship to the 24% market share currently enjoyed i n Scotland. To bring attention to the organic nature of Magners Cider while still emphasizing a modern appeal, a sales campaign that focuses on addressing modern issues and technologies should be utilized. To bring the focus of the consumer onto the apples used in the production process, Magners can print up specialized packaging that includes a special apple icon denoting a percentage of the sales price will be donated to a childrenââ¬â¢s charity group. For those consumers who purchase their cider primarily at the pubs, specialized apple promotional materials can be created that can identify those pubs
Tuesday, August 27, 2019
A Sporting Goods Store Research Paper Example | Topics and Well Written Essays - 3250 words
A Sporting Goods Store - Research Paper Example Entrepreneurââ¬â¢s role 21 Business plan 21 License potential 21 Corporate partners 21 Proprietary rights 21 Infrastructure members 21 Bibliography 22 FEASIBILITY STUDY OF A SPORTING GOODS STORE Introduction Our proposed company is a sporting goods store that will manufacture a line of clothing for sports enthusiasts, carry known brands of sporting equipments, and accessories for fishing, hunting, hiking, and camping, aside from being a service center for these equipments. It is a combination of a retail, manufacturing and service business. At this point, we are still on the concept stage. Methodology/Analysis Our shirts will be customized, carrying our own brand and logo, but the designs will be done according to the theme of the sports events and idea of customers. Each design is unique as it will represent the theme of each event. As a shirt manufacturer, it will be a specialty store because we will use high materials. As a retail outlet, our store will carry known brands of hi king, fishing, and camping materials, as we plan to work for distributorship and licensed agreements with named brand owners. We will also set up a service and maintenance department that will repair sporting equipments that people bought from our store. As these items are costly, our maintenance will add value to them. Our Products will be sourced from sporting goods manufacturers and wholesalers and then sold to the general public via our retail store. Target markets are people of ages 18 and above, residents of Des Moines, and with average income of $35,000 and above. Study showed these people have the capacity to spend, and enjoy active sports life. Hiking, fishing, and camping are simple outdoor activities that people enjoy. Since our company is in the locality, it will be ready to serve their needs as a one stop shop for outdoor sports. In order to penetrate our target market, we will consider a tie up with schools, sports organizers and clubs for a city wide sports campaign l ike a city hiking day, hunting and fishing competition once every 6 months. We will also encourage sponsorship and media coverage. Our start-up costs and capital needed is estimated at $250,000. Start - capital will be provided by four partners at $25,000 each and the balance of $150,000 will be borrowed from the bank. Bulk of this fund will be used for capital expenditures, inventory, and maintenance and operating expenses for the first months of operations. It is expected that sales in the following months will provide the needed cash flows for operations. Our financing will be both debt and equity. Conclusion We plan to pursue this business since based on our projection; it is not a losing proposition. The first months of operations will be difficult for the start-up of our business, but we will keep our expenditures to a minimum so that our cash flows will not suffer and we do not have to borrow some more. Initially, sports organizations in the area that we have approached are e xcited with the idea and many of our friends have encouraged us to continue with the proposal.
Monday, August 26, 2019
Nursing Theory, Research, and Evidence-Based Practice Essay
Nursing Theory, Research, and Evidence-Based Practice - Essay Example continue maintaining the status quo of nursing as being predicated on medicine and its paternalistic medical model, derived from the Hippocratic Oath. This paper studies the key aspect of evidence based nursing and identifies that it is the relationship of nursing with temperamental nursing which is highly related to dealing with children and parents of ill youngsters. From the students point of view, the discrepancy between nursing as a practical profession and nursing as an academic discipline may enhance the theory-practice gap and aggravate tensions. Traditionally, evidence of fall related patients has been checkup by nurses using the Tinetti Assessment Tool which is considered to be a simple, easily administered test that measures a patientââ¬â¢s walk and equilibrium. The test is scored on the patientââ¬â¢s capability to perform specific tasks. The discipline of nursing and the subjects in nursing programs have been categorized in terms of a science-based model, e.g. biological and physical sciences, behavioral and social sciences, humanities, medical science and, finally, nursing science (Beattie, 2003). As long as nursing was based on a medical model and medical staff was involved in teaching the students, the subjects of the curriculum were congruent with the medical model (Wynne et al, 2004). The key aspect of evidence based nursing is the relationship of nursing with fall management nursing. This aspect of nursing is highly related to dealing with pain related issues for fall patients consisting of children and parents of ill youngsters. While evidence based intervention is intended to relay acceptance to the patient, the strategies that patients and other caregivers use often encourage the fall patient to accept a challenge that can foster their recovery. In order to have medical knowledge, e.g. an understanding of pathos-physiological implications, one needs to be familiar with the biosciences. Akinsanya (Akinsanya, 2005, Akinsanya, 2003) suggests that
Sunday, August 25, 2019
My topic is about Do no allow Giving Prescription Privileges to Research Paper
My topic is about Do no allow Giving Prescription Privileges to Psychologists - Research Paper Example Moreover, this discussion will entail a critical analysis of the argument to facilitate their coherence. Nevertheless, there is need for more research in order to draw conclusion that prescription privileges for psychologists can be a solution for tribulations experienced in metal health care systems. Table of Contents Executive Summary 4 Introduction 5 Methods 9 Results 9 Conclusion 12 Recommendations 14 References 16 Executive Summary This report will present details of an argument against psychologist, who are seeking to acquire prescription privileges; in fact, it addresses the state legislature by offering recommendation to discourage effort towards favor of prescription privileges for psychologists. In this case, the report includes an introduction section with an overview of potentially negative effects of these privileges on the future of patients with mental health. The report will cover a brief section explaining the methodology applied in gathering relevant ideas from diff erent sources. The result section will present ideas gathered from different sources, where all arguments opposing the prescription privileges will be evaluated. The report will conclude by indicating that there is a significant cost associated with effort to seeking to acquire the right for prescribing psychoactive medications by psychologists. In fact, this is leads to a notion that it would cause a significant alteration professional psychology in numerous ways; for instance, some professionals may be less appearing to the public. Lastly, the report will offer recommendations indicating that state legislature should not support the prescription privileges for psychologists, and necessary reasons to support this idea will be presented. Introduction Treatment of psychiatric disorders involving use of psychotropic prescription has increased in the past few years. However, there have been researches aimed at increasing understanding of nature of human brain, mental illness, and somat ic treatment; in fact these are considered as the mainstay of psychiatric treatment (Dombeck, 2013). On the other hand, the shift of mental illness paradigm towards neurobiological etiologic has rendered to establishment of principles of practices and compensation for health care services offered; in fact, this reimbursement has been significantly directed towards pharmacological interventions. This report focuses on presenting an argument against offering prescription privileges to psychologist; thus, it recommends that the state legislature should not to allow prescription privileges to psychologists. Compensation for psychotherapy has reduced significantly leading to incorporation of medication in the process of offering standard care to psychiatric patients (ISPN, 2001). In addition, prescription of medication and management is not a role that has been taken by the psychologists. Patientsââ¬â¢ basses have decreased in terms of compensation trends and influence caused by new k nowledge regarding treatment standards. Therefore, this has led to effort by the clinical psychologist seek advocacy for prescription authority in cases involving psychotropic medication; in
Employment law Essay Example | Topics and Well Written Essays - 3000 words
Employment law - Essay Example Case study 1 shows a common instance of what could be termed to as a misunderstanding or misinterpretation of a situation within the business premises. In this situation, a seemingly stolen item that is a hard disk is found in the locker belonging to two employees of the same firm, namely Janice and Kelsey. Both are employees with a good reputation in the firm; however the case of a hard disk found in their locker tends to jeopardize their good resume. Following a different approach to confront the issue should show that neither Janice nor Kelsey could be held reliable; however this is not the case. Upon realization by the manager that the piece of hard disk has no entry in the stock records, both Janice and Kelsey are summoned by the manager in an attempt to discover the truth behind the recovery of such an item in their locker. Following basic human instinct, both culprits result to justification of their own cases against the allegations of theft. In a more detailed view of either employee, Janice has been an employee to the firm for a period not less than two years, within when, she has been able to maintain a clean resume without any implications proving otherwise. On the other hand, Kelsey has been working in the firm for a period just over a year, but similar to her co-worker Janice, has kept a clear record, throughout this time. Despite all this, both are considered guilty of the allegations of concealing the hard drive and face disciplinary measures that involve their immediate dismissal from their positions in the firm. Further information shows that the prior owner of the locker made claims of miss-placing his key to the locker some time back, this only making the decision to dismiss the two Janice and Kelsey somewhat inappropriate. Such cases are very common in the business world, and with their increase, the managerial departments of firms such as the one in question should come up with the appropriate procedures to solve such cases. With the incre ased lack of jobs, coming to a conclusion of dismissal like in this case should be the last option, and viable only, when the culprit is proven beyond any reasonable doubt to be guilty of the allegations. Janice to her defense had stated that she had used the locker as usual and upon noticing the bag that was later revealed to be containing the hard drive, had thought to hers self that it was Kelseyââ¬â¢sââ¬â¢ and had no business with it so just ignored it. Kelsey on the other hand had earlier on come to her defense stating that she had not used the locker lately, and thus had little information regarding the hard drive. It is evident that the procedure followed that resulted to the dismissal of the two was neither very clear nor convincing that either would have actually been considered guilty of the offence. Employment law governs that every employee in any organization of firm is subject to fair trial upon occurrence of such incidences. In this case, their cases of appeal a gainst the dismissal came to a sudden crash, as the appeals were refused and both were dismissed. A working environment that has such personal property as lockers should have 24 hour surveillance, even making use of the latest technology in terms of CCTV cameras, which would have saved the situation
Saturday, August 24, 2019
Diabetic Disease Management in African American Elderly Essay
Diabetic Disease Management in African American Elderly - Essay Example There are two forms of diabetes. The first type occurs when oneââ¬â¢s immune system counteracts a bodyââ¬â¢s immune system and fights insulin-producing cells. The second type of diabetes affects the aged and people with a family history of diabetes. However, lately trends have changed, and cases are becoming increasingly common to young adolescents. In this type of diabetes, the ââ¬Å"pancreases produce enough insulin", but the body fails to utilize it well. It thus, ends up not synthesizing glucose as required (Zazworsky & Bolin, 2005). Some of the major experienced symptoms of diabetes include patients being fatigued, frequent passing out of urine, weight loss, low immunity and blurred vision. However, it is essential to note that some people do not elicit any signs of illness. Diabetes can be managed if effective measures adhered (Zazworsky & Bolin, 2005). For instance, patients are required to observe strict diets and prescribed routine procedures. The main concern in mana ging the disease is normally sugar level management. Sugar levels are highest after eating. Patients are therefore, advised to plan on small, balanced diet meals at regular times. Medical practitioners mainly advise that constant amounts of carbohydrates be consumed since they affect majorly on blood sugar amounts. Good management calls for getting food portions right. Eating in small amounts leads to complications as it may cause reduced sugar levels while eating too much may cause increased sugar level a condition referred to as hyperglycemia (Zazworsky & Bolin, 2005). Diabetic patients advised to engage in a lot of body exercise as it helps improve body response to insulin production in controlling sugar synthesis. Good and simple exercise helps a lot in reducing sugar levels. Regular check up is also essential to keep sugar level in check. Plenty of water is appropriate for patients experiencing dehydration. Good management of the disease leads to hundred percent recovery for pa tients (Mazze, Strock & Bergenstal, 2007). Diabetes management in diverse care settings Management of diabetes has not been easy for many despite the availability of effective treatment. No mutual relationship exists between diversity in diabetes management programs, and concept frameworks of medical care. The need to have a concerted plan of action in dealing with diabetes cases is crucial. Ministries of health in all countries need to establish standardized conceptual frameworks aimed at ensuring that diabetes related deaths curbed. Most of the programs in place in most places, lack valuable elements of improving the quality of the disease management (Mazze, Strock & Bergenstal, 2007). Researchers conducted performed have proved that of all the programs put in place, to deal with the disease, only fifteen percent are perfectly effective in terms of both cost and clinical efficiency (Mazze, Strock & Bergenstal, 2007). Differences in cultural and social economic settings in disease management must be noted. Before any attempts can be made on standardization of quality, profound insight may be useful to conceptualize high quality care. Limitations in health care delivery particularly in availing resources and self-management must be addressed to ensure efficiency in management of the disease (Streltzer & Tseng, 2007). Age related disease management concerns Diabetes poses many enduring requirements on the side of patients in terms of "glycemic control" as well as life quality (Mazze,
Friday, August 23, 2019
Reading response to The Beautiful City of Tirzah by Harrison Essay
Reading response to The Beautiful City of Tirzah by Harrison Candelaria Fletcher - Essay Example These are some of the efforts that she put in her life that other people would not do. Most of her time was spent when taking care of her collection of animals. This explains an individual with a noble heart and one that does not see time wastage in catering for stray animals. These are some of the most appealing undertakings that the entire Fletcherââ¬â¢s family cherished. Such acts have been showcased severally in Fletcherââ¬â¢s writing. In one instance, she welcomed an owl that had been found by one of her sons into her home. Contrary to most people, she welcomed it in spite of the fact that it is said to be a bad omen and that it brings bad luck to those close by. Instead of viewing the owl as bad luck, she has a positive view of it and even names it Tirzah as outlined in the Bible to depict a beautiful city. This shows that she did not follow misleading superstitions in her quest to cater for the animals in need of help. The author has managed to make some additions into the work to make it very successful. This includes the use of similes in his work. When his mother is naming the owl, the author describes the situation using simile stating that his mother was, ââ¬Å"savoring the syllables, which break like sunlight through her windows crystals, turquoise and yellowâ⬠(Fletcher 9). This makes the scene very lively in that the reader is able to form an image of the scene making this section very enjoyable and easily understandable. Moreover, the author uses metaphors to describe some of the small things in that particular scene in great detail. This makes the scene interesting and makes those things appear more beautiful. The author also gets involved in the situation to make their own feelings known to the reader. When describing the owl, the author says that what he liked the most was the eyes of the owl describing them as piercing yellow and the size of dimes. Such description of a small th ing makes the reader aware of how much the
Thursday, August 22, 2019
Mary Shelleys Frankenstein Essay Example for Free
Mary Shelleys Frankenstein Essay It will be more interesting with a dual narrative because then the reader will not feel so much pity for the creature as there will be two points of view. In the beginning of the novel, Frankenstein used the monsters descriptions in a positive manner as he thinks its a good idea, but later on in the novel he used it in a negative manner. This shows that his thoughts for the monster changed over a period of time and that the creatures appearances changed Victors mind about it. When Victor walks out on the creature and abandons it, I think that it is quite a tough time for the creature. I believe this because the creature has only just been born, and doesnt yet know how his bodily functions work, and how to stay alive as he has to relearn these skills. The creature is upset and ashamed that he can not be loved by anyone Victor quite frequently walks out on his problems. Earlier on in the novel, Victor went to Ingolstadt after his mother died, he left behind all of his responsibilities and problems. Also, when he decided to create the monster, he stopped with his former life and started to endure on the task ahead, and forgot all of his responsibilities. These actions suggest that human nature can change as someone can be nice towards one thing and then they can be disgusted with that same thing at a different time. Victor gets very friendly with Henry Clerval in the time that they are in Ingolstadt. Henry nurses Victor back to health when he is ill. They came to be in the same college because Henry persuaded his father to let him come to Ingolstadt, but he said that it was hard to persuade as Henrys father thought that all the skills that you need in your life are used and gained when you are a book keeper. It is ironic that Henry sees knowledge as a good thing but Victor uses scientific knowledge and turns it into a tragedy, Frankenstein should of followed in s footsteps as Victors creation turned out to kill Henry. The way that Victor treated his family, is completely different to the way that Henry treated Victor. Victor dumped all of his family life behind him, and only spoke to them through short sharp letters, but Henry cared dearly for Victor and even spent useful time looking after Victor when he was seriously ill, Henry also puts his life on hold just to make him better. I think that the readers of the novel will be ashamed of Victor for abandoning his family and his creation, but also for letting Henry put his life on hold just to make him better. This is a selfish act, and Victor should be more grateful towards Henry and his family. Henry is a very caring man and has a lot of time for people, especially Victor who just takes his skills for granted. Henrys kindness is shown throughout, examples of this kindness are; I did not before remark how very ill you appear; so thin and pale, you look as if you have been watching for many nights. , and I will not mention it, if it agitates you. These shows that Henry cares greatly for Victor and that he doesnt want to upset Victor. This caring manner contrasts with that of Victors when he rejects the monster because of its looks. Victors selfish side is shown throughout the novel, a few examples are; I had deprived myself of rest and health. I had desired it with and ardour that far exceeded moderation, but now that I have finished, the beauty of the dream vanished, and breathless horror and disgust filled my heart, infinite pains, and I felt the bitterness of disappointment. These show that again Victors selfish. He doesnt care about anyone but himself. Victor also uses the personal pronoun, I, this states that everything is about him, so this is also a selfish action. Victor keeps his creation a secret, he does not want to tell anyone as he is not yet sure of the outcome of the creature, but after the birth of the creation, he is ashamed of it, he believes that it is a product of hell and that the monster is beyond control and just decides to keep it to himself and lie to other people. This influences the readers attitude towards Victor in the rest of the novel because the readers may now believe that he can not tell the truth and that the narration of the story may be biased. This relates to the theme of secrecy in the rest of the novel, for example; when he makes a companion for the monster, and also not telling anyone that he knew what killed someone of his family and friends. Mary Shelley suggests that lots of people do keep secrets and do not want to tell anyone. We keep secrets because it will ruin something special, the person is ashamed or embarrassed of it, the person can not confide in anyone, or they just do not want to tell anyone, as it may get someone in trouble. People do keep secrets and usually lie, it may be small lies or it may be a serious lie. People tell lies to put the problem off for as long as they can until they crack, they do this because they think it is an easy option, but in the long run, it is the hardest option as it drags a lot out of your self esteem. The ending of the chapter is a contrast of the rest of the chapter, especially the beginning, the weather and the atmosphere created. In the begging of the chapter the weather is dull, and gloomy. This is shown throughout the opening paragraph. The phrases the rain pattered dismally against the pains, and dreary suggest that the weather reflects on the dark atmosphere created by the near birth of the creature, it also suggests that something may happen may happen later on in the chapter. In the ending paragraph, the atmosphere created is completely different. The descriptions show that there is change as it is now light. This is a pleasurable sight for Victor as the weather was so uninviting earlier on in the chapter. The phrase young buds were shooting forth from trees that shaded my window. It was a divine spring, shows that the darkness has subsided to make way for the light. Also, there was a new beginning for the natural processes, growing of buds etc. There was a non artificial mood in the air as everything that was happening was completely natural, so this is a great contrast to everything that was happening in the first paragraph of the chapter. The word divine is connected with heaven, so everything is moving on from Victors deed. It is also to do with God, so it is a contrast between the thought of hell earlier on in the chapter. In the following chapter people may think that Victor tries to accept the monster and is not so selfish towards it and also the rest of his family, because the chapter ends with relief for Victor. The reader, at the end of the chapter, may be wondering where the monster has gone and what the monster is really doing. It may be that they think he has gone to commit another deadly murder. To conclude, this chapter is very vital. In it, there is always something going on. The chapter helps you to see how Victor really is and how he treats people in times of struggle. When, the monster is created, we get the impression that Victor was excited, but then he was ashamed of the outcome. Furthermore, when the monster disappears he felt relieved even though it could still come back. At the time when the monster disappeared, it was like Victor started a whole new life, this showed that he was not really bothered about what would happen if the monster was let loosen the world. From this chapter, we find that when Victor gets engrossed in something, he forgets about the whole world around him and abandons people, like his family. Victor is prone to abandoning things and people in this chapter. For example; he abandons the monster just because of the way it looks, and hurts its feelings, making it commit murders on people close to Victor to get its own back. We find that Victor is to blame for the actions of the monster, and that Victor is very selfish. This is shown when he uses the person pronoun I, which shows that he is completely aware of himself and that he does not care much for other people. The secrecy in the novel is constant. Victor is always keeping secrets from his loved ones, whether large or small. The scientific ideas that Victor has are also important, as they bring together the whole story, as he knows man can create life with the correct theories and equipment. The theories that Victor has are going against God as it is an un-natural process, and that the creation will be forever criticized whether it is handsome or ugly. It also sums up how we treat each other in society today. I don not feel the same way as Victor did towards his creation. I think the actual monsters are Victor Frankenstein and M. Waldman these people both tried to create the creature, but Victor got further. They both created an abominable creature. I think some of the concerns in the novel are relevant today because not many people abandon things like children and pets, but the lucky ones get looked after. People also get abused because of the way they look, I think that this is wrong and should be stopped. By Samantha Loader Page 1 Show preview only The above preview is unformatted text This student written piece of work is one of many that can be found in our GCSE Mary Shelley section.
Wednesday, August 21, 2019
Descriptive Paragraph Essay Example for Free
Descriptive Paragraph Essay One of the things that I treasure in summertime is my weekends. I start my day early, getting ready to ride in my boyfriendââ¬â¢s car, to pick up the boat from a friend. The boat is a camouflaged, flat bottom, twelve feet long; spray painted on one side is the name for the boat ââ¬Å"Esox Luciusâ⬠. We get to the creek and Jake dismounts the boat, I help by bringing the fishing poles, tackle boxes and my bag down to the bank. The familiar creek where we go is not too wide, covered on both sides by green pasture hills. We drift around curves with the moderate sway of the water. The day is clear blue sky with bright rays of light coming from the sun, and refreshing soft breeze enveloping our skin. Not far from here, you can hear the mooing from a group of robust, spotted cattle nibbling the grass. There are farmers getting tractors ready for work in the fields. I am sitting in the front of the boat reading a book, while Jake is casting away his bait ready to catch another fish. He is standing at the back of the boat for a wide open cast. Yet his back is straight and at ease, because he is doing one of his favorite hobbies, facing me. His arms sway smoothly with every cast far away from the boat, enjoying the dynamic between the bait and the fish. In addition the water is so clear, which makes it simple to spot the fish leaping for the bait. After a while I put down the book, and decide to fish as well. The fishing pole is an Ugly Stik model, six and a half feet long, equipped with a cork handle. My bait is a half ounce swim jig head; about five inches long, camouflaged green, purple and orange skirt, with a black and white swimbait tail. With my distant cast, combined with a slow reeling, I eagerly anticipate a fish to make the mistake to fall for my trap.
Tuesday, August 20, 2019
A Comparative Financial Analysis Of The Mobile Phone Industry Marketing Essay
A Comparative Financial Analysis Of The Mobile Phone Industry Marketing Essay A comparative financial analysis of the mobile phone industry and three of the leading mobile phone manufacturers, so as to determine the investment prospects in this particular industry. Contents Title Page No. Executive Summary 3 Industry Profile 4 Effects of Recession on the Mobile Phone Industry 4 PEST Analysis of the Mobile Phone Industry 4 HTC Corporation 7 Introduction 7 SWOT Analysis Motorola Inc. 10 Introduction 10 SWOT Analysis 10 Nokia Corporation 12 Introduction 12 SWOT Analysis 12 Financial Performance Analysis 15 HTC Corporation 15 Review of Key Financial Analysis 15 Ratio Analysis 16 Stock Review 20 Motorola Inc. 21 Review of Key Financial Analysis 21 Ratio Analysis 22 Stock Review 25 Nokia Corporation 27 Review of Key Financial Analysis 27 Ratio Analysis 28 Stock Review 32 Review by Expert Market Analysts 33 HTC Corporation 33 Motorola Inc. 33 Nokia Corporation 33 Other types of Investments 34 Savings Account 34 Fixed Rate Bonds 34 Personal Assessment 35 Recommendations 37 References 38 Appendices 45 Appendix 1 Appendix 2 Appendix 3 Appendix 4 1. Executive Summary The mobile phone industry is perhaps one of the fastest growing industries in the world today. A mobile phone is generally accepted as a necessity for every human. It has developed so much in the recent years that its hard to recognize its early incarnation. The original mobile phone was the size of a brick and affordable by a select group of people. Today, mobile phones are available in all sizes to suit every individuals needs. But, like all other industries, this industry too has been affected by the financial crisis of 2008-2009. In our financial analysis, we will be looking at the mobile phone industry and three of the leading mobile phone manufacturers. We will analyse the financial aspects of Nokia Corporation (NYSE: NOK), Motorola Inc., (NYSE: MOT) and HTC Corporation (TAI: 2498) We will look at the different financial reports published in the companies Annual Report, and calculate the different financial ratios to understand the investment opportunities in these companies shares. 2. Industry Profile The Mobile Phone Industry The mobile phone industry has grown dramatically in recent years. According to a report published by TomiAhonen Consulting, in January 2009, there were approximately 4 billion mobile phone subscribers around the world. Out of these, around 3.1 billion were unique. Also, new handsets have been selling at the rate of 1.15 billion per year. This figure keeps increasing year over year and so does the economy around it. 2.1 Effects of Recession on the Mobile Phone Industry The recent financial crisis of 2008-2009 has had severe effects on most companies of the world. As such, the companies from this industry too have felt its effect. In Q3 2008, Nokia lowered its market share outlook due to the weakening global economy (Silicon.com 2008). Nokias global device market share was 30% in the Q3 2010, down from an estimated 34% in the Q2 2009 (Nokia Corporation 2010). Nokia announced in July 2010 that their profits had dropped by 40% (Inside Ireland 2010) Even, HTC and Motorola have experienced slow growth as well as lower sales compared to earlier years, especially Motorola which incurred huge financial losses (HTC Annual Report-Motorola Annual Report 2008-2009). 2.2 PEST Analysis of the Mobile Phone Industry Political / Legal Mobile phone companies are largely multinational. As such they have to comply with the different legislations and regulatory bodies of different countries which have their own set of particular standards. An example of a regulatory authority would be the Federal Communications Commission (FCC) operating in the US and Office of Communications (Ofcom) in the UK. The mobile phone usage is spread geographically. As such, the companies from the mobile phone industry have a high exposure to different political climates. This increases the companies risk exposures. However, huge costs are incurred in complying with the different legal and reporting procedures in different countries. Also, sometimes, companies face stiff resistance from the national governments of some countries. A recent example of such a stand-off would be the one between RIM Blackberry and the Government of India (Daily News Analysis, 2010) and the Government of United Arab Emirates (Yahoo News, 2010). Economic Being global brands, mobile phone companies have to comply with the different taxation laws and trade laws applicable in the different countries of the world. Also, they have to take into account the foreign exchange rates while importing/exporting and pricing the devices. This generally has an effect on the device prices and subsequently on the operating income of the companies. Social Mobile phones have become an essential part of everyones lives. 9 in 10 adults in the US use at least one mobile device. 31% of mobile phone users check personal emails on their phones and 21% check their work emails. Internet browsing has become an important aspect of the mobile ecosystem. Approximately 1 billion users browse basic internet on their mobile devices, while around 450 million users use real internet on their devices. (Tomi Ahonen 2009) Access to social networking sites such as Facebook and Twitter is increasingly becoming an important feature of mobile phones. Health concerns have been raised by research institutes over the effects of radiation caused by mobile phones on the human body (NBC News 2008). Although the evidence is controversial, it has raised caution among the mobile phone users, and the companies are forced to develop new antenna systems for mobile phones to help reduce radiation. Technological The mobile phone industry is highly technology-driven. Mobile phone companies have to continually adapt themselves to the rapidly changing technology and introduce new products to keep up with the technological advancements and to meet the ever-changing demands from consumers. They need to keep investing substantially in the Research Development of new products and technologies. 2.3 HTC Corporation (TWSE: 2498)HTC Wordmark.png 2.3.1 Introduction: HTC Corporation (HTC) is a mobile manufacturer based in Taoyuan City, Taiwan. Its principal aspects are the research, development and manufacture of smart handheld devices including smartphones and PDAs (HTC 2010). The company is generally considered to be a pioneer in the smartphone and PDA segments of the mobile phone industry. The company initially was involved in developing smartphones based on the Windows Mobile platform, having made the worlds first PDA based on the platform (HTC 2010). However, since 2009, HTC is increasingly developing more devices based on Google Inc.s Android Operating System. But, as a means to strengthen its relation with Microsoft, HTC has recently launched a number of devices based on Windows Phone 7 (Mann, J. 2009). HTC is a member of the Open Handset Alliance, a group of handset manufacturers and mobile network operators dedicated to the advancement of the Android Operating System (Reardon, M. 2007). The HTC Dream was the first mobile smartphone in the world to use the Android OS. It was marketed by T-Mobile, in some markets, as the T-Mobile G1 (Wired 2008 HTC Press Release 2008). As of 2009, HTC obtained nearly 43.8%, 30.4% and 20.8% of its total revenue from North America, Europe and Asia, respectively (HTC Annual Report 2009). HTC Corporation was formerly known as Hi-Tech Computer Corporation. 2.3.2 SWOT Analysis: Strength HTC is a leading manufacturer of smartphones. It is a pioneer in many technologies. It had developed the worlds first PDA, and also the first smartphone using Windows Mobile. Now, it is a leading manufacturer of quality Android smartphones. As such, it has a good reputation as an innovative brand. Financial stability gives HTC the opportunity to invest heavily in Research Development of new technologies. Despite the financial crisis, HTC is doing significantly well in 2010 (HTC Report, Q3 2010). Also, good product quality has helped HTC establish itself as a reliable brand. HTC has been a pioneer in many of the technologies now common in modern mobiles phones. It has a plethora of patents designed and applied to modern communication devices (Google Patents, 2010). Also its product portfolio consists of a wide variety of smartphones based on a number of smart-platforms including the Android OS, Windows Mobile, Windows Phone 7 and HTCs own BREW OS. (HTC 2010) HTC has also developed a new cloud-based service called the HTC Sense to compliment its range of smartphones (HTCSense.com, 2010). Due to a number of quality products, HTC is steadily increasing its consumer base. Also, HTC is involved in exclusive tie-ups with respectable cellular companies such as T-Mobile (T-Mobile G1, G2), Orange (San Francisco) and Google (Nexus One). This helps better the image of the company in consumers eyes. Weaknesses HTC does not have a big brand image compared to its rivals Nokia, RIM Blackberry and Sony Ericsson. Also, its market share is significantly lower than that of its rivals. Also, HTC is involved in a number of law-suits with rival company Apple Inc. This is highly damaging to its reputation in the global corporate environment. (Reuters, 2010) HTC does not have an effective marketing strategy compared to its rivals, as a result of which its new product information fails to reach the consumers. Opportunities There is a huge demand for smartphones in recent times. HTC has the capability to satisfy these demands. HTC can continue to develop new touchscreen technologies and better smart features. Through effective marketing communication and public relations system, HTC can increase its brand value and target consumer base. Furthermore, HTC can enter new markets and establish its brand there. It can continue to develop and apply more of its innovative patents. Threats The threat of new technological developments and competition is high in the mobile phone industry. Also, one of the biggest threats to modern mobile phones is the huge mindshare commanded by Apples iPhone and its iOS Operating System. Every new mobile phone is consistently compared to Apples offering and its success or failure depends, to some extent, on how favourably it compares to the iPhone. This threat is present for HTC too, despite its large portfolio of Android devices. 2.4 Motorola Inc. (NYSE: MOT) NYSE MOT.gifMotorola Wordmark.png 2.4.1 Introduction: Motorola, Inc. (Motorola) is a multinational telecommunications company based in Illinois, USA. It manufactures mobile phones and also designs and sells network infrastructure to worlds leading cellular companies. In 1986, Motorola devised the Six Sigma quality system which has become a global standard for quality improvement. In 1991, Motorola demonstrated the worlds first working-prototype digital cellular system and phones using GSM standard in Hanover, Germany. The worlds first two-way paging system was introduced by Motorola in 1995. Motorolas mobile department, as of 2009, has been solely focused on Google Inc.s Android Operating System. Motorola is an advanced innovator of mobile phone technologies. Motorola has just announced that its business will split into two separate publicly traded entities on January 4, 2011. The two new entities will be known as Motorola Solutions Inc. and Motorola Mobility Holdings Inc. and will continue to trade on NYSE with the new ticker symbols of MSI and MMI respectively (Reuters 2010). 2.4.2 SWOT Analysis: Strengths Motorola is a leading manufacturer of smartphones. It is a pioneer in many technologies. It had developed the worlds first GSM mobile phone. Now, it is one of the leading manufacturers of quality Android smartphones. As such, it has a good reputation as an innovative brand. Financial stability gives Motorola the opportunity to invest heavily in Research Development of new technologies. Being the worlds oldest mobile phone brand, it has considerable brand image. Also, Motorolas devices have a good build quality which establishes it as a reliable mobile phone manufacturer. Motorola has developed a new interface for its mobile phones called the MotoBlur which integrates the different aspects of ones social life. This has been quite popular with the consumers (Motorola Report, 2009). Weaknesses Motorola is consistently losing its market share to its rival companies. One of the reasons is the lack of an effective marketing communication strategy and also a weak PR system. Also, Motorola fails to introduce new products as frequently as its rival companies. Motorola is also slow in providing software upgrades for its current devices, which generally has a negative impact on consumers who want to keep their devices updated to the latest software version. Also, Motorola is involved in a number of law-suits with Apple Inc. and Microsoft Corporation over intellectual copyright infringement. This is highly damaging to its reputation in the global corporate environment. (Reuters, 2010) Opportunities There is a huge demand for smartphones in recent times. Motorola has the capability and technology to satisfy these demands. Motorola can also improve its market position by means of effective marketing strategies and a better PR system. Also, Motorola can improve its after-sales service for its devices. Threats Apples iPhone and it iOS Operating System are considered a huge threat to virtually every mobile phone brand. Despite its growing portfolio of Android devices, Motorola still has to overcome Apples threat. 2.5 Nokia Corporation (NYSE: NOK) Nokia wordmark.png 2.5.1 Introduction Nokia Corporation (NOKIA) is a Finnish multinational communications corporation based in Keilaniemi, Espoo, Finland. Nokia is engaged in the manufacturing of mobile devices and in converging Internet and communications industries. It has over 123,000 employees working in 120 countries. Its products are available in more than 150 countries. Nokia has global annual revenue of à ¢Ã¢â¬Å¡Ã ¬41 billion and operating profit of à ¢Ã¢â¬Å¡Ã ¬1.2 billion as of 2009 (Nokia Corporation 2009). It is the worlds largest manufacturer of mobile phones which currently accounts for about 36.6% of the market share for mobile phone technology (IDC 2010). Nokia is a public limited liability company listed on the Helsinki, Frankfurt, and New York stock exchanges (Nokia Corporation 2010). Nokia plays a very large role in the economy of Finland. It is the largest company of Finland. The brand value of Nokia is valued at $29.5 billion. It is listed as the eight most valuable global brand in the Interbrand Best Global Brands list of 2010 (Interbrand 2010) and also on Bloomberg Businessweek Best Global Brands list of 2009. It is the first non-US company to be included in the list. (Bloomberg Businessweek 2010) 2.5.2 SWOT Analysis: Strengths Nokia is highly respected as a global mobile brand and it has a high brand value. It is the most preferred brand for mobile phones in Europe, as of 2009 (Eurobrand 2009) Nokia has a worldwide distribution network which makes it easier for Nokia to make its products available to wider target consumers. Nokia has a healthy financial background, which enables Nokia to invest consistently in Research Development. Also, the phones made by Nokia have a fairly user-friendly interface which enables it to be accepted by a wide variety of consumers. Nokia has a large product portfolio with something to offer to every type of consumer. It offers a wide variety of phones from the basic lower-end phones to the more expensive high-end smartphones. Weaknesses There are reports that indicate Nokia consistently losing its market share, as it fails to address the competition it faces from rival smartphone manufacturers like Apple Inc., RIM Blackberry and Google Inc. (Reuters 2010) Also, Nokia is involved in several controversial law-suits with rival company Apple Inc. This is highly damaging to its reputation in the global corporate environment. (Reuters, 2010) Nokia also lacks diversity in its managerial aspects. It has only two directors out of ten who are not Finnish. This reduces its capability to understand the different demands and trends across different parts of the world. (Nokia, 2010) Opportunities Nokia can increase its market presence by launching its products in new markets. It can also increase its market share in current markets by launching innovative products at competitive prices. MeeGo is Nokias upcoming operating system, which if marketed and implemented properly will turn around the fortunes of Nokia. As the mobile industry grows rapidly, Nokia can increase its market share by extensive advertisements and through effective marketing communication. Nokia can better its reputation and increase its brand loyalty by having a healthy Public Relations System. Threats The threat of competition is omnipresent in the mobile industry. The big threats to Nokias dominance are the smartphones developed by Apple Inc. and RIM Blackberry, which offer better products and services than Nokia. Also, the Android Mobile Operating System developed by Google Inc. is supported by a number of other big mobile companies and is consistently increasing its market share through a variety of smartphones from the cheap to the more expensive. The phenomenal growth of Android OS is a big threat to Nokias devices until it can provide an Operating System that can best Googles offering (Reuters 2010). Financial Performance Analysis 3.1 HTC Corporation 3.1.1 Review of Key Financial Data The statement of comprehensive income, balance sheet and statement of cash flows for HTC for the years 2006 to 2009 are represented in the tables 1, 2a, 2b, 3a and 3b respectively. 2007 We can see from the figures shown in the tables below that 2007 was an average year for HTC. The net sales have improved by 11.61% and the profit has increased by 12.76%. While the operating profit has increased 14.31%, the operating expenses have increased by a substantially more 49.97%. The main operating expenses incurred in 2007 were for selling and marketing purposes (62.30%). 2008 The net sales in 2008 increased by 22.27% and the net profit decreased marginally by 1.06%. Once again the operating expenses by 52.85% which resulted in a decrease of 0.92% in the operating profit. The main operating expenses for this year were for RD and selling and marketing purposes which increased by 59.80% and 46.31% respectively. On the whole this year was not so bad for HTC. 2009 In this year, HTC experienced the effects of recession. The net profit decreased by 26.65% while the net sales decreased by 5.3%. Although the operating expenses have increased by just 5.93%, the operating profit hugely decreased by 25.16%. The RD saw its expenses cut by 11.83% and the selling and marketing expenses again increased by 18.85%. Q3 2010 When compared to Q3 2009, the net sales has increased by 39.71% and the net profit also increased by 30.97%. The operating expenses continue to increase substantially by 38.37%. However, the operating profit has increased by 31.31%. The RD expenses increased by 16.22% and the selling and marketing expenses have shot up by 49%. On the whole, HTC recovered greatly during the first nine months of 2010. 3.1.2 Ratio Analysis According to the data collected from the income statements, the balance sheets and the cash flow statements, the ratio analysis has been divided in five parts, Profitability, Efficiency, Liquidity, Financial and Investment. However to judge a business, getting the information about the planned ratios is also important. Getting this kind of information is hard for people outside the business. In that case, this report may be biased. The ratios are listed in table 4. Profitability Ratios It can be seen from the chart below that the ROCE is decreasing steadily by about 15% each year. However, ROCE of 42.77% is favourable for the company. The operating profit margin and the gross profit margin are also decreasing, but as the chart depicts these figures are improving. Efficiency Ratios The average inventories period of HTC decreased from 27.8 days in 2007 to 22.4 days in 2009. This represents the decreased demand for mobile phones. The trade receivables to trade payables ratio has remained fairly constant throughout these three years. This means that the creditor and the debtor for HTC did not change much. The sales revenue to capital employed ratio has improved from 2.3 times in 2007 to 2.56 times in 2009. Liquidity Ratio For the business to have good liquidity, the current ratio and the acid test ratio should generally be greater than 2. The current ratio has decreased from 2.42 times in 2007 to 1.89 times in 2009. The acid test ratio has also decreased from 2.24 times in 2007 to 1.8 times in 2009. However, HTC still has a high liquidity as its ratios are quite near to 2. Financial Ratios The gearing ratio for HTC is 0% for all the three years. This means that HTC has no long-term liabilities. Also the interest cover ratio is much higher. According to these ratios, the profit for the year 2009 can cover 188,926 times the interest payable in 2009. Investment Ratios These ratios help investors to evaluate their investment options about HC Corporation. A dividend yield ratio of 6.65% means that investors can get a good cash return on their investment in HTC. But the earnings per share has decreased from NT$1.56 in 2007 to NT$0.90 in 2009. Also, the P/E ratios show that the confidence among buyers of HTC shares is low. 3.1.3 Stock Review According to The Financial Times, HTC Corp. (TWSE: 2498) has consistently outperformed the Taiwan SE Weighted Index over the last five years. On Jan 1, 2007 the common stock of HTC was priced at NT$ 645 and as of Dec 10, 2010 the price has soared to NT$ 897. This means an investment in the HTC stock gave a return of 39.07% during this period. Wright Investors Service has given HTC Corporation a quality rating of AAA1 (Appendix 1) U:ManXPMy DocumentsMy Pictureshtc stock.png Stock Performance over 5 years. Source: FT.com 2010 3.2 Motorola Inc. 3.2.1 Review of Key Financial Data The statement of comprehensive income, balance sheet and statement of cash flows for Motorola for the years 2006 to 2009 are represented in the tables 5, 6a, 6b and 7 respectively. 2007 We can see from the information represented in the tables below that the net sales have declined by 15% and a loss has been incurred by 101%. The operating expenses have increased by 21.65% and the operating profit decreased by 114%. The main operating expenses are incurred for selling, general and administrative purposes. The dividend for 2007 was $0.20 per share. In general, we can say that 2007 was not a financial good year for Motorola. 2008 In 2008, the net sales of Motorola decreased further by 18%. Also, the net loss increased by 8561%. The operating loss increased by 332% while operating expenses increased by only 2.67%. The dividend remained constant at $0.20 per share. Overall, we can say that Motorola incurred huge losses in 2008, partly due to the recession. 2009 Financial condition of Motorola improved over the course of 2009. Although there was still a net loss incurred, it was substantially less than 2008 which decreased by 99%. The net sales decreased even further by 27%. The operating loss decreased by 94% and the operating expenses decreased by 33%. The dividend for 2009 decreased to $0.05 per share. So, we can say that, although still in loss, Motorolas financial condition has recovered and this shows that Motorola has the ability to successfully implement solutions to its problems. Q3 2010 From the recent financial documents of Motorola, it is clear that it is slowly recovering its business. However, the financial condition of the company is still not very good. 3.2.2 Ratio Analysis Profitability Ratios As per the Ratio Table (Table 8) the ROCE and the operating profit margin for Motorola have remained negative for all the three years. This means the company has incurred losses throughout these years. But, the condition is generally improving since 2007. The gross profit margin is high for all the three years. This is not due to the product, but because of the low operating expenses. Efficiency Ratios The average inventories turnover period for Motorola is constantly increasing from 41 days in 2007 to 48 days in 2009. This means that there is a decreased demand for Motorola products over the years. It also means that recession has affected Motorola too. The sales revenue to capital employed is also quite low at 0.47 times in 2007 to 0.41 times in 2009. If trade receivables to trade payables ratio remains greater than 1, it means that the company has a good supply chain and has the ability to manage the trade receivables and trade payables. The TR/TP of Motorola is generally steady throughout these three years from 1.39 in 2007 to 1.24 in 2009. Liquidity Ratios The current ratio and acid test ratio of Motorola decreased from 1.78 times and 1.55 times respectively in 2007 to 1.63 times and 1.38 times respectively in 2008. However, in 2009, they increased to 1.92 times and 1.82 times respectively in 2009. This shows that the Motorola has good liquidity, although sometimes inventories can be seen as a risk to the company. Financial Ratios The percentage of long-term liabilities of Motorola is high, from 59.1% in 2007 to 63.5% in 2009. This is also a big risk for the company. The interest cover ratio is very low which means that Motorola does not make enough profit to pay its interests. Investment Ratios The dividend payout ratio shows a speculative situation of Motorola which is extremely low. Also the dividend yield ratio is low at 0.64% in 2009. The earnings per share is low. Motorola is not earning anything on its ordinary shares in issue. Even the P/E ratio is staggeringly low which means that the investors have no confidence in Motorolas business. 3.2.3 Stock Review According to The Financial Times, Motorola Inc. (NYSE:MOT) has outperformed the Dow Jones Industrial Average over the last week. However, the overall performance has been mixed. On Jan 3, 2007 the common stock of Motorola was priced at $20.57 and as of Dec 10, 2010 the price has dropped to $8.64. This means an investment in the Motorola stock would have resulted in a 57.99% loss during this period. Wright Investors Service has given Motorola Inc. a quality rating of ABNN. (Appendix 1) U:ManXPMy DocumentsMy Picturesmot stock.png Stock Performance over 5 years. Source: FT.com 2010 3.3 Nokia Corporation 3.3.1 Review of Key Financial Data The statement of comprehensive income, balance sheet and statement of cash flows for Nokia for the years 2006 to 2009 are represented in the tables 9a, 9b, 10a, 10b, 11a and 11b respectively. These are compiled from the annual financial reports of Nokia for the said years. 2007 From the figures shown in the tables below, we can see that 2007 was a particularly good year for Nokia. The net sales have increased by 24.2%; and the profit has also increased by 67.3%. Although the operating expenses have a 17.8% increase, Nokia has gained more operating profit which increased by 45.5%. The main operating expenses incurred are for Research and Development (RD). The increase of sales and marketing expenses (32%) refers to the new products of Nokia (ibid). As can be seen from the table 2, the profit for the year is the highest compared with other years. The dividend for 2007 was à ¢Ã¢â¬Å¡Ã ¬0.53 per share (ibid). Overall, 2007 was a successful year for Nokia. 2008 Nokias sales have decreased in 2008. The net sales also decreased by 0.7% compared to 2007; and the operating expenses have a significant increase of 33.5%. The Annual Report highlights the recession may have had a negative effect on the companys performance. The decrease in demand from consumers led to the profits reduction (NOKIA, 2008). In addition, the transfer of Finnish pension liabilities is a main reason for the increase of expenses (ibid). Both in 2007 and 2008, Nokia has recruited more employees because of which the wage expenses have also increased. The dividend for the year was à ¢Ã¢â¬Å¡Ã ¬0.40 per share (ibid). To sum up, this year was not so good for Nokia. 2009 In this year, Nokias performance declined even further. The income statement shows a significant decrease in the net profit, which is less by 93.3%. The sales and the gross profit reduced by 19.2% and 23.7% respectively. The effect of recession was still evident on Nokias financial performance. As a result, the investment on RD remained same as that in 2008. Due to the reduced demand, the marketing and sales expenses have also reduced from à ¢Ã¢â¬Å¡Ã ¬4830 million to $3933 million (NOKIA, 2009). The dividend for 2009 remained same at à ¢Ã¢â¬Å¡Ã ¬0.40 per share. Overall, it is clear that Nokia started reducing the expenses to face lower demand in the mobile phone market. Q3 2010 Tables 5, 6 and 7 show the income statement, balance sheet and cash flow statement of Nokia in Q3 2010. It is clear that Nokia has slowly recovered its business in these 9 months. To be more specific, the net sales have a 4.7% increase compare to Q3 2009. Although the gross profit is lower than Q3 2009, the operating expenses have decreased substantially. In that case, the profit before tax has risen from -à ¢Ã¢â¬Å¡Ã ¬426m to à ¢Ã¢â¬Å¡Ã ¬403m, which is good for the company. 3.3.2 Ratio Analysis Profitability Ratios From the chart below it can be seen that the ROCE is steadily decreasing from 2007. To be more speci
Monday, August 19, 2019
Irony in Ballards Chronopolis :: Ballard Chronopolis Essays
Irony in J. G. Ballard's Chronopolis J. G. Ballard gives us a good idea of the irony in 'Chronopolis' from the very beginning - the actual name 'Chronopolis' - city of time - is an ironic name for a city that has no time Throughout the story Ballard's view of time acts as a focus to the story, around which the plot revolves. The central point of the story is a world without time, without which the story would have no point - none of it would have happened, and it would be just like our world. The impression of time we are given at the beginning of the story is an ironic one, because it seems that time is important, but not really understood; we are told that Newman is in prison for understanding time - yet while he is in prison he controls the situation because of his knowledge of time, and organises the events of the day for Brocken (the block sergeant); 'Brocken... relied on Newman to programme the day for him'. The fact that Newman is 'serving time' for being obsessed with time is the first instance of irony through language that we are given in Chronopolis. This again brings our attention to the irony of Ballard's view of time, and provokes the reader to look more deeply into the text, thus discovering more about the way time works in the world of Chronopolis. At this point we do not learn any more about what happens to Newman, but instead the story has a flashback to when he was a child, and became interested in time. In this way the story is anachronistic - it is not in chronological order, and instead it switches between different points in time. This brings our attention to the way time works in 'Chronopolis'. Due to the fact that they have no time, their world is muddled up, and thinks have no real order - and this is reflected in the way Ballard writes the story. We are then told the story of Newman's childhood, and the way he slowly discovers time and gains an interest in it. Next we are told by Stacey (Newman's English teacher) why time is against the law: 'You can time [someone], know exactly how long it takes him to do something... then you can make him do it faster.
What a Christian Believes about Anthropology Essay -- essays research
What a Christian Believes about Anthropology à à à à à ââ¬Å"Anthropology in general refers to any study of the status, habits, customs, relationships and culture of humankind. In a more specific and theological sense, anthropology sets forth the scriptural teachings about humans as Godââ¬â¢s creatures. Christian anthropology recognizes that humans are created in Godââ¬â¢s image but that sin has in some way negatively affected that imageâ⬠(Grenz, Guetzki, and Nordling 11). In other words, anthropology is the study of how God created us uniquely in his image, and how sin affected the image. à à à à à On the sixth day, God made male and female in his image, and he saw that it was very good (Genesis 1:27, 31). The Bible continues to tell the story of how God made us. He made Adam from the dust of the earth and breathed life into him. After that, God took one of Adamââ¬â¢s ribs and made Eve. The Adam and Eve walked with God. The Bible does not go into much detail to explain the creation process or any other part of creation. God wanted us to know how we are unique and wonderful and that we are supposed to have a relationship with Him. ââ¬Å"We are the only earthly creatures whose essence is more that physical; man alone has a soul or spirit and is thus a combination of matter and spiritâ⬠(Cottrell 149). The fact that we have a soul is one way we are like God. No other creature has a soul or can tell right from wrong. Starting in Genesis, and throughout the w...
Sunday, August 18, 2019
The Positive Impact of Computers in the Classroom :: Education Technology Essays
The Positive Impact of Computers in the Classroom Computers have been integrated in almost every aspect of todayââ¬â¢s society; PCââ¬â¢s in the home and office, laptops for business traveling, graphics software for the media, and most significantly computers in the classroom. However, the technology of computers has not always been part of the education system and is a relatively new part of the teaching and learning process. In the 1950s large and expensive computers were only used by the government and large corporations (Beekman, 2003). In 1958 the National Defense Education Act extended its funding to allow schools the luxury of new technology, but the first PC didnââ¬â¢t enter the classroom until 1975 when a few Apple I PCââ¬â¢s were donated to schools (History, 2004). As computers became smaller and less expensive they integrated themselves as part of society and the education system. In the 1990s school systems began purchasing PCââ¬â¢s for classrooms and labs. Soon after the introduction of the PCââ¬â¢s, the World Wide Web was developed and students and faculty were ââ¬Å"surfing the webâ⬠for new informational sources. Now in the 21st century, computers aid in basically every educational aspect. For example, computers are beneficial for saving large quantities of information such as enrollment, attendance, records, grades, assignments, tests, etc. This technological advance helps the staff to be more organized and eliminates mistakes. Teachers benefit from computers because they can quickly compute grades and grade tests through the use of scan-trons, receive assignments as email attachments, and save all homework and tests pre-typed on disks. All of these things allow teachers to dedicate more time to teaching and less time for preparations and after school work. Also computers in the classroom not only gives students more sources of knowledge, but they also give teachers the option of obtaining news articles, pictures, sources, and education web sites from the internet. Even though computers are everywhere in the school and benefit all staff and faculty, the students by far receive the most benefits from integrated classroom technology, Sasa Petricici of CBCââ¬â¢s The National, visited schools that have integrated computers into the classroom.
Saturday, August 17, 2019
The Chrysanthemums by John Steinbeck
The plight of women had often been a popular topic of literature. Throughout history, the men dominated, overshadowing women in the process. The male sex had always been recognized as superior while the female sex was perceived as inferior; thus, they are not given the same opportunities. The social distinction between males and females had been documented in numerous pieces of literature. Literature often illustrated the injustice and equality women were subjected to while living in a patriarchal society.One of the pieces of literature that show the difficulty of being a woman in a manââ¬â¢s world is the short story entitled ââ¬Å"The Chrysanthemumsâ⬠by John Steinbeck. In this literary piece, Steinbeck shows the struggle of a woman to find herself as she attempts to assume a relevant role in society. This is the reason why one critic said this about the story: ââ¬Å"[It is a] delicate, indirect handling of a womanââ¬â¢s emotion, [especially] the difficulty of a woman i n finding a creative, significant role in a male-dominated society. â⬠ââ¬Å"The Chrysanthemumsâ⬠by John Steinbeck features Elisa Allen, a 35-year-old married woman living in a ranch with her husband Henry (Steinbeck). Initially, the story appears simple enough; it tells the story of a woman who is passionate about flowers and takes pride in caring for them. However, a closer look would reveal that the woman in question is in the midst of an identity crisis. She is a female who longs to be relevant in a society where only the men are considered relevant. She hopes to become relevant through her skills in planting chrysanthemums, but in the end her efforts were futile.Elisaââ¬â¢s attempts to be of significance are shown early in the story. Elisa is aware that it is the men who are significant in society. She also knows that the only way she could be significant was to assume a male persona, or at least try to fit herself in masculine mould. In the story, she attempts to be significant through her skill in planting chrysanthemums. This is the reason why the first description of Elisa is masculine; her appearance hints her desire to somehow fit in a male-dominated realm. In the beginning of the story, she is wearing a ââ¬Å"figured print dress,â⬠but that feminine garment is overshadowed by masculine elements.These elements include ââ¬Å"a manââ¬â¢s black hat,â⬠ââ¬Å"a big corduroy apron with four big pocketsâ⬠and ââ¬Å"heavy leather glovesâ⬠(Steinbeck). Her manner of dressing illustrates her efforts to be masculine, to have a place in a manââ¬â¢s world. Elisaââ¬â¢s masculine manner of dressing is supported by her masculine actions. When she was attending to the chrysanthemums, she was exerting great effort. She was described as ââ¬Å"over-eager, over-powerfulâ⬠(Steinbeck). It was said that the plant stems were ââ¬Å"too small and easy for her energyâ⬠(Steinbeck).In a way, her movements reflected the need to prove herself; she wanted to prove that she is just as capable as men are. When she was eagerly gardening, she looked at the direction where her husband and his clients were. The fact that she looked in their direction meant that she wanted them to see her and what she could do. Through the eagerness in her work with the chrysanthemums, Elisa sought to have the men realize that she could be significant just like them. The response of Elisaââ¬â¢s husband to her plants mirrors the response of society to women and their efforts.After his meeting with his clients, Henry comes up to Elisa and comments about her new batch of chrysanthemums. Upon Henryââ¬â¢s words, she ââ¬Å"straightened her backâ⬠and there was ââ¬Å"smugnessâ⬠in her reply (Steinbeck). The gesture of straightening her back seems to be an assertion that she was responsible for the success of her plants. The tone of her reply affirms that she is proud of her achievement in planting. For Elisa, he r accomplishment with her chrysanthemums is her means to make a significant contribution in society. However, Henry soon undermines her efforts.He said: ââ¬Å"I wish youââ¬â¢d work out in the orchard and raise some apples that bigâ⬠(Steinbeck). For Henry, flowers are irrelevant. He believes raising apples would be better and more important. His comment seems to imply that Elisaââ¬â¢s efforts are not good enough to society. Instead of being discouraged at Henryââ¬â¢s response, she answers him with the conviction that she can raise apples. Elisa says, ââ¬Å"Maybe I could do it, tooâ⬠(Steinbeck). In this instance, Elisa asserts equality between men and women. Henry suggested that she should raise apples rather than chrysanthemums, and she took it as a challenge.She believes that she can do it as well. When the repairman tells Elisa that his life is not fit for a woman, Elisa asked: ââ¬Å"How do you know? How can you tell? â⬠(Steinbeck). For Elisa, women ar e just as capable as men. As if to prove that men and women can be equals, she tells the repairman: ââ¬Å"I can sharpen scissors, too. And I can beat the dents out of little pots. I could show you what a woman might doâ⬠(Steinbeck). Later on in the story, the identity of Elisa shifts. The story begins with an Elisa who is rather masculine and who asserts herself to be capable of activities usually attributed to men.She seeks to contribute to society with her ability to grow chrysanthemums. By the latter part of the story, the readers can see a different Elisa; she no longer resembles the Elisa earlier in the story. This time, Elisa embraces her feminine side. She dressed up with her best underwear and stockings, as well as a dress that was a ââ¬Å"symbol of her prettinessâ⬠(Steinbeck). She styled her hair and she put on makeup. Elisa then assumes a completely female role, a new identity different to masculine identity she portrayed in the beginning.In this instance, th e reader sees the two different identities of Elisa. The dichotomy between the two identities illustrate Elisaââ¬â¢s search for her self in a society where being a woman is extremely difficult. The search for the self is posed with the dilemma of either staying true to oneââ¬â¢s feminine nature or to take a more masculine stance to be recognized in society. In the end, Elisa is faced with the reality of male dominance in society. When she and her husband were driving to dinner, she sees the chrysanthemums she gave to the repairman discarded on the road.It was through her skill and talent in growing the chrysanthemums that Elisa wished to make her significant contribution to society. In fact, the flowers themselves symbolized a womanââ¬â¢s effort to make herself relevant in a society eclipsed by men. However, the disregard for the chrysanthemums shows that a womanââ¬â¢s effort to assert her importance in society is futile. Because of her frustration over the neglect of he r flowers, Eliza ââ¬Å"cried weaklyââ¬âlike an old womanâ⬠(Steinbeck). In the end, she gave in to her emotions, just like what is expected of women in general.Her battle to make herself relevant in a manââ¬â¢s world ended in defeat. ââ¬Å"The Chrysanthemumsâ⬠by John Steinbeck reveals how women are affected by the patriarchal society in which they live, and how their struggle to make themselves relevant in society leads to the search to their own identity. Steinbeck indirectly reveals the plight of women during his time through the storyââ¬â¢s protagonist Elisa Allen. Elisa struggles to find herself as she is caught between showing her feminine self and assuming a more masculine stance to establish her worth in society.Throughout the story, she repeatedly asserts the fact that she can also do what men can do. However, she seeks to be more relevant to society through her skill in gardening, especially in growing chrysanthemums. In the end, her efforts were wort hless. Just like the plants she gave to the repairman, her efforts did not amount to anything. In the end, she failed to make herself relevant, and proved how difficult it is for a woman to be significant in a male-dominated society. Work Cited Steinbeck, John. The Chrysanthemums. 1938. 20 Oct. 2008 < http://www. nbu. bg/webs/amb/american/4/steinbeck/chrysanthemums. htm>.
Friday, August 16, 2019
Abolishing Grading System
In ââ¬Å"A Proposal To Abolish Gradingâ⬠by Paul Goodman, the author informs the readers about the ideas of nullifying the policy of grading and judging students solely by exams. The writer believes that grading depreciates teaching and creates a bad spirit, leading to cheating and/or plagiarizing. Although majority of the professors agree, some people also question the idea. ââ¬Å"How else will the graduate schools, the foundations, the corporations know whom to accept, reward, hire? How will the talent scouts know who to tap? â⬠(line 8-10)Again, Goodman answers, ââ¬Å"by testing the applicants, of course. â⬠Dean Whitla easily counters this by proposing Harvard Universityââ¬â¢s very own, unique admission system. ââ¬Å"The objection is ludicrous,â⬠Goodman says. Although the authorââ¬â¢s claim is potent, there are elements of th issue to agree and disagree about. Paul Goodman states and supports his claim clearly throughout his proposal and does a good job of cancelling out the opposing sideââ¬â¢s argument. In the medieval university, the whole point of the grueling trial of the candidate was whether or not to accept him as a peerâ⬠¦. It was certainly not to pit one young fellow against another in an ugly competition. â⬠(line 27-29) Goodmanââ¬â¢s comparison of the medieval times to now supports his claim that if the goal for testing nowadays is to find out peopleââ¬â¢s weakness, then whatââ¬â¢s the point? Although it is somewhat true, how does Goodman, or anyone for that matter, for sure know that that is the aim? One can only testify. Goodmanââ¬â¢s overall declaration to abolish grading sounds spiffy and an all-around good idea. His thought that it can lead to cheating and plagiarizing is an on-point proposal that anyone could agree on. ââ¬Å".. great majority of professors agree that grading hinders teaching and creates a bad spirit, going as far as cheating and plagiarizing. â⬠For instance, homework. Many students can copy other someone elseââ¬â¢s in result of not learning anything. He also mentioned that grading only creates ââ¬Ëcliques,ââ¬â¢ segregating the ââ¬Å"smartâ⬠students and the ââ¬Å"not so smartâ⬠ones. It also creates competition between each one since everybody wants to obtain the highest grade. What is this all going to lead to? Nothing but just competition. It invalidates the purpose of going to schoolââ¬â to achieve education. Goodmanââ¬â¢s suggestion to base students on their test scores can be the good, but last resort. Testing decreases the chances of cheating and/or plagiarizing due to the strict supervision when it comes to a serious matter. It will motivate students to study more and take education seriously. All in all, Goodmanââ¬â¢s proposal to abolish grading is a roller coaster ride. Nobody really knows if the goal is to discover studentsââ¬â¢ weakness, but in reality, testing is a plausible reason to avoid cheating and plagiarizing, and any other bad spirits that may come with. With describing such a common situation, he put forth his claim and provided readers with a back bone to support it. There may be some to disagree to, but there is definitely something to agree with, and it ultimately leads his claim to an upward state.
Thursday, August 15, 2019
Majorca – Geography
Majorca ââ¬â A Holiday DICKS Paradise? Map of Majorca Majorca in the Mediterranean Majorca is the largest of the 4 main Balearic Islands, located in the Mediterranean Sea, off the east coast of Spain. It is a highly popular holiday destination in the world, especially to Western European countries. Majorcaââ¬â¢s capital city is Palma de Mallorca. Main Attractions for Tourists at Majorca North Majorca ââ¬â * Serra de Tramuntana ââ¬â large mountain range * Cap de Formentor ââ¬â Northernmost cap of Majorca Valldemossa ââ¬â Famous village related to composer, Chopin * Port de Soller ââ¬â Village, port North Majorca is more scenic-tourism based compared to South Majorca, and features more natural attractions than artificial ones. Unlike South Majorcaââ¬â¢s westernisation, North Majorca contains intact traditional culture. Much tourism in the north resides around beaches and the natural environment. South Majorca ââ¬â * Cuevas de Drach ââ¬â subterranea n cave * Es Trenc Beach ââ¬â a beach.South Majorca is generally more westernised, Americanised, and tourist abundant. Resorts are designed to be extravagant and luxurious. Attractions are mostly man-made venues, such as casinos, night clubs, cruises, brothels, etc. That is not to say South Majorca lacks natural attractions; its beaches and landscape are just less visited. General ââ¬â * Palma de Mallorca ââ¬â Majorcaââ¬â¢s capital city * Santa Maria Cathedral ââ¬â Massive Gothic cathedral in Palma * Binissalem ââ¬â specifically its wine * Prostitution ââ¬â think what you will.Advantages/Disadvantages of Tourism Advantages ââ¬â * Improved economy and wealth, which leads toâ⬠¦ * Improved infrastructure, which in turnâ⬠¦ * Improves local living conditions * Improves tourist conditions, welfare, accommodation, etc. * Rejuvenation/maintenance of historical and cultural interests * Sustainable tourism is emphasised and promoted * Employment created * Jobs and pay for locals Disadvantages ââ¬â * Gradual disintegration of native ethnic culture to cater for tourists * Locals all generally speak fluent English Destruction of natural landscape * 25 tons of sand are removed from beaches by tourists with sticky bodies annually * Littering and pollution by the typically ignorant millionaire American tourist and his V8 truck(s) or the British drunk and his cardboard box * This kills the native flora/fauna of the island * Property Inflation * Locals are replaced in their houses by overseas aristocrats * Artificial Drought * Increased consumption of water by tourists, i. e. pools, cleaning, drinking, etc. combined with few days of rain equates to a growing lack of water* Majorca becomes over reliant on the tourism industry * Tourism sector makes up 95% of its economy Conclusion Is Majorca a holiday paradise or not? Google and its mechanics define paradise as: ââ¬Ëâ⬠¦a place in which existence is harmonious; where there is only peace, prosperity, and happiness. ââ¬â¢ The definition for ââ¬Ëholiday paradiseââ¬â¢ would therefore be along the lines ofâ⬠¦. ââ¬Ëâ⬠¦a holiday ecosystem where the tourism infrastructure system is harmonious, prosperous, and provides happiness to the tourist. Note that the concept of a ââ¬Ëholiday paradiseââ¬â¢ comes from a tourists view (locals donââ¬â¢t have a holiday on the spot where they live, and the environment doesnââ¬â¢t have holidays). We can deduce from the definition of a ââ¬Ëholiday paradiseââ¬â¢ that Majorca is indeed a holiday paradise. Majorca does offer a tourism infrastructure that is harmonious, and prosperous whilst providing happiness to the tourist. Majorcaââ¬â¢s tourist catering is at a sublime level, with a massive amount of services destined to be harmonious with a tourists needs.Majorcaââ¬â¢s tourism industry is also extremely prosperous, making up 95% of its economy and providing plenty of healthy economic stimul ation for the locals. Most importantly of all, the tourist is happy in Majorca, which is why so many tourists go there in the first place. Majorcaââ¬â¢s abundance of fascinating tourist attractions, such as its culture, beaches, caves, natural landscape, historic villages, night clubs, casinos, marinas, restaurants, brothels, as well as its compliance with the definition of a ââ¬Ëholiday paradiseââ¬â¢, proves that Majorca is without doubt a touristââ¬â¢s holiday paradise.References http://www. mallorca-info. co. uk/where-to-stay-mallorca. html, Where to stay in Mallorca, (30/7/12ââ¬â 5/8/12) http://en. wikipedia. org/wiki/Balearic_Islands, Balearic Islands (26/7/12ââ¬â 5/8/12) http://en. wikipedia. org/wiki/Majorca, Majorca (26/7/12ââ¬â 5/8/12) http://www. tripadvisor. co. uk/Attractions-g187462-Activities-Majorca_Balearic_Islands. html, Things to do in Majorca (1/8/12ââ¬â 5/8/12) http://etravel. org/places/europe/spain/top-five-places-to-visit-in-mallorc a/, Top 5 places to Visit in Mallorca (31/7/12ââ¬â 5/8/12) ttp://www. seemallorca. com/mallorca/guide. html, Introduction to Majorca (27/7/12ââ¬â 5/8/12) http://www. akademifantasia. org/europe/top-5-natural-attractions-in-majorca/, Top 5 Natural Attractions in Majorca (2/8/12ââ¬â 5/8/12) http://wikitravel. org/en/Mallorca, Mallorca (26/7/12ââ¬â 5/8/12) http://www. majorca-mallorca. co. uk/, Welcome to Majorca (27/7/12ââ¬â 5/8/12) http://www. geographypages. co. uk/major. htm, Majorca tourism Project(26/7/12ââ¬â 5/8/12)
Wednesday, August 14, 2019
Obesity Has a Deep Impact in the Life of a Child Essay
Using the Center for Writing Excellence and MyFoundationsLab resources, provide the topic sentence and informal outline for your Personal Ethics Statement. â⬠¢ Topic sentence: Obesity has a deep impact in the life of a child. â⬠¢ Informal outline: 1. Explain how obesity affects the childââ¬â¢s physical health. 2. Explain how obesity affects the childââ¬â¢s mental health. 3. Give ideas of how parents can be involved in the change of habits in the obese child. 5. Summarize why obesity has a deep impact in the life of a child. Obesity has a deep impact in the life of a child, physically, and mentally as well. An obese child is at risk of having health problems, such as diabetes, heart disease, and strokes as an adult, if he or she is not treated in an early age. An overweight child can be a target for bullying at school, making his or her social life poor, creating anxiety, depression, and lowering their self esteem. The parents play an important role in the life of an obese child. does not matter if the child is obese because a genetic factor, or just because his or her does not have a proper eating habit, the condition it is treatable. Encourage the child to follow a healthy diet, being an example for him or her, and being supportive, are examples of how a parent can be involve in the life of an obese child. Taking obesity in a child seriously, and trying to find ways to improve this condition, are the first steps to a better future in an obese childââ¬â¢s life.
Tuesday, August 13, 2019
Land law Essay Example | Topics and Well Written Essays - 1500 words - 4
Land law - Essay Example If the court issues an order to seize the property of the debtor after the judgment, it is called writ of execution. It must be noted that attachment is a prejudgment remedy either at the time of a lawsuit or immediately after it is filed. However, the final decision is taken by the court. The United Kingdom does not have unique or singular law regarding bankruptcy. England and Wales follow same system whereas Northern Ireland and Scotland have another system of their own. If the given scenario is related to Scotland or Northern Ireland, and if the property is the home owned by Bill, then the section 40 of the 1985 Act will be applicable to the case. Instead, if the system of Wales and Ireland is applicable to the context, Alan will have to rely on the Part IX of the Insolvency Act 1986. At this juncture (as the jurisdiction is not specified) the system of Northern Ireland and Scotland is taken for case analysis. The section 40 of the 1985 Act protects the interests of the debtorâ⠬â¢s (here Bill) family and prevents the creditor (here Alan) from selling the debtorââ¬â¢s ââ¬Ëfamily homeââ¬â¢ without either ââ¬Ërelevant consentââ¬â¢ or a court order. ... esent or former spouse or civil partner without the debtor, or by the debtor without a spouse or civil partner but with a child of the familyâ⬠(Insolvency - personal and corporate, n.d.). Hence, if Billââ¬â¢s property is the family home, Alan needs to comply with the section 40. This section clearly states how the consent can be obtained for the proceeding of the sequestration of a family home. Referring to section 40, if Billââ¬â¢s spouse, civil partner, or former spouse or civil partner lives in the home (with or without the debtor), it is necessary to obtain the consent of the spouse of civil partner to proceed with the sequestration (Insolvency - personal and corporate). If the debtor lives in the home with a child but without a spouse or civil partner, then the ââ¬Ërelevant consentââ¬â¢ can be obtained from the debtor. If the ââ¬Ërelevant consentââ¬â¢ is not obtained from the parties concerned, Alan has to obtain a court order to attach the property of Bi ll (ibid). In this case, it is advisable for Alan to obtain a court order because other options may not be so sensible. B. the property is a tenanted office block Under this case, attachment of property will be a difficult task if the agreement between Bill and the tenant was formed before the agreement made between Alan and Bill. It is the duty of the creditor to make certain that the security offered for the borrowing is free from any liability arising out of issues like tenancy. Hence, if Billââ¬â¢s office block was tenanted at the time of the agreement between Alan and Bill, Alan cannot attach the property of Bill unless the tenant is willing to vacate the office block. On the other hand, if Billââ¬â¢s office block was tenanted after the agreement between Bill and Alan was made, Alan may get a court order for the
Free Speech and Its Limits Case Study Example | Topics and Well Written Essays - 500 words
Free Speech and Its Limits - Case Study Example The history of broadcasting in this country began when all radio stations were publicly owned by controlling the public's ownership of the airwaves. Stations were licensed to use a given frequency and were deemed to be a public service. In return for the use of the airwaves, the station had a responsibility to provide news and information that was in the public interest and promoted the public good. This gave rise to the 'Public Service Announcement' and the concept of 'equal time' for political candidates. However, with the privatization of the airwaves by big media concerns, these historical concepts have given way to entertainment and agendas. Within the framework of legality and decency there should be no limits to free speech in the media. Technology has made radio, television, and the Internet more accessible to consumers as well as content providers. This proliferation has caused our society, culture, politics, and government to become enmeshed and inseparable. If we rid our media of politics, we will not have a forum to discuss our most important social and cultural issues. Free speech was granted as a way to air our differences and find common ground. It protects us from tyranny and oppression and reduces the suppression of the minority viewpoint. The mayor of Port Arthur
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