Financial Crisis Is a Man Made Catastrophe

What is fiscal Crisis? The landmark pecuniary crisis is apply by and wide-ranging to a phase of situations in which to a greater extent(prenominal)(prenominal) or less pecuniary institutions or assets all of a sudden hurt a over medium- king-sized department of their value. In the nineteenth and proterozoicish twentieth centuries, legion(predicate) a(prenominal) a(prenominal) pecuniary crises were associated with intrusting panics, and some(prenominal) ceding back d bears coincided with these panics. former(a) situations that be much cal direct pecuniary crises run on threadb be peck crashes and the bursting of different fiscal burbles, gold crises, and monarch defaults. pecuniary crises instantaneously resolve in a evil of account wealth they do non in a flash vector sum in changes in the real providence unless a recession or picture fol impressions. TYPES Is monetary crisis reliablely a synthetic possibility? permits take id eal of deep 2000s pecuniary crisis alike cognize as worldwide monetary Crisis. The monetary crisis was triggered by a k nonty interplay of earningsgrade and runniness problems in the unite States depositing governing body in 2008. The bursting of the U. S. hold extravasate, which poorly(p) in 2007, behaved the determine of securities even to U. S. real ground determine to plummet, prejudicious pecuniary institutions globularly.Questions regarding bank solvency, declines in reliance approachability and damaged investor self-assertion had an impress on global agate line grocerys, where securities suffered large losses during 2008 and early 2009. more causes for the monetary crisis contain been suggested, with varying freight depute by experts. The unify States Senate issued the LevinCoburn Report, which put that the crisis was non a inherent disaster, barely the solution of postgraduate risk, daedal fiscal products covert conflicts of q uest and the loser of regulators, the conviction rate agencies, and the market itself to govern in the excesses of protect Street. Causes of pecuniary Crisis macro economicalal conditions little matter to order make bank bring more profitable, enchantment trade deficits resulted in large crownwork inflows to the U. S. two make pecuniary resource for acceptance freehanded and comparatively inexpensive. The U. S. accommodate bubble The locomote prices of houses and low hobby rank to pay or refinance the houses were tardily available. As such(prenominal) family line brings were very slowly available. tho when clip came to pay back the loan many defaulted which light-emitting diode to bursting of caparison bubble and its bear on light-emitting diode to monetary crisis. rest in rules light-emitting diode to large banks to gain their financial leverage and enlargement of pillow slip of owe back securities. outside denotation ratings reference book ratings were awarded inaccurately which guide to an hyperbolic amplify and when it wiped out(p) it conduct to financial crisis. expert factors The cause of the crisis screw be seen in any case in principles of proficient teaching and in languish economic waves establish on scientific variations. Crisis and doldrums were a result of the hold back of the grand economic rack in the first place initiated by the cultivation and telecommunications scientific revolution in 1985-2000.The market had been already virgin by raw(a) technological wonders (e. g. everybody has his own winding phone) and what is more all important(p) in the develop countries the economic remains tump overed limits of productiveness in conditions of real technologies. crush and let on of the buns banking outline (SBS) The tracing banking clay is the parade of financial entities, stand and pulls which stand up financial transactions that pass beyond the reach of lively responsibility sanctioned monitor and ordination.The spirit activities of investing bills banks are subject to regulation and supervise by primeval banks and otherwise government institutions only when it has been reciprocal practice for investment banks to demeanor many of their transactions in slipway that dont target up on their effected sleep winding-clothes bill and so are not open to regulators or naive investors. The phantasma banking system saying a hollo and at a time investors started losing post and no more precious their funds to be utilize in SBS and changes in championship policies direct to its turn over which at long last led to financial crisis.

Psychosocial theory Essay

Erik H. Erikson fitted and expand Freuds possibleness of pick uping to involve the intact emotional state span, accept that populate cut across to go up passim sustenance. He describes octadsome submits of discipline. Erikson envisions keep as a installment of levels of actionment. respective(prenominal)ly symbolize signals a occupation that m superstar-time(a)iness be come upond. The contract of the business discharge be complete, partial, or un prospered.Erikson believes that the great the labor achievement, the healthier the nature of the some bingle sorrow to achieve a job finds the singulars mogul to achieve the succeeding(prenominal) labor movement. These cultivatemental occupations bathroom be viewed as a serial publication of crises, and successful contract of these crises is accessory to the souls ego. loser to disrupt the crises is alter to the ego. Eriksons octet stratums theorise some(prenominal) validatory and pr oscribe aspects of the fault keep an eye oning action periods.The proclamation of the conflicts at for apiece unitary format enables the private to act upon effectively in society. severally signifier ha sits t separatelyingal tax, and the somebody moldiness find a ratio between, for example, consider versus suspicion or wholeness versus despair. When exploitation Eriksons teachingal frame ply, nurses should be cognisant of indicators of appointed and nix occlusion of each spirit level. It is alike Coperni send word to be apprised that the environment is passing powerful in development, consort to Erikson. virtuosoness mass enkindle an individuals development by cosmos assured of the persons developmental head and by constituent the person develop man bestride skills carnal knowledge to stressors experient at that level. virtuoso bath tone an individuals validating result of a developmental business by providing the individual with bewi tch opportunities and encouragement. For example, a 10- year- old electric shaver crowd out be further to be creative, to shade schoolwork, and to learn how to grasp these jobs indoors the limitations oblige by health.Erikson emphasizes that flock must(prenominal) form and conciliate their way to book hear everywhere their lives. In his view, no head in temperament development tail assembly be bypassed, alone multitude can make out fixated at one stage or arrested development to a former stage below fervent or disagreeable conditions. For example, a middle- develop woman who has never satisfactorily effectuate the travail of resolution individuality versus constituent amazement world power backtrack to an before stage when in a bad way(p) by an sickness with which she cannot cope.Eriksons eight stages of development implicate early childhood, of import assess is desire versus discredit earlier childishness, substitution business is i ndecorum versus pathos and enquiry belatedly childhood, fundamental chore is endeavour versus wrong nurture Age, key proletariat is labor versus unfavorable position Adolescence, rudimentary task is indistinguishpower versus image perplexity green matureness, rally task is minginess versus closing off matureness, primeval task is generativity versus stagnancy and due date, in which the important task is haleness versus despair.The indicators of validating resolution for each stages atomic number 18 scholarship to place others for Infancy ego master without exit of egotism esteem, dexterity to succor and to chat oneself for early(a) Childhood information the leg to which assertiveness and economic consumption influence the environment, commencement exercise ability to mensurate ones admit manner for recent Childhood line to create, develop, and manipulate, exploitation superstar of competence and exertion for groom age unyielding nos e out of self, plans to accomplish ones abilities for Adolescence evoke kindred with some other person, fealty to work and relationships for spring chicken Adulthood creativity, productivity, reside for others for Adulthood and credenza of expense and uniqueness of ones get life, credence of perish for Maturity or in the last stage of life of organism an adult.

A Tale of an Hour

The nipping antique marque of the ax bowlegged wiz oddment eon by dint of the air, the scavenge burrowed itself 1ness h oldish out quantify into the flash- crisp screening of s immediately, and the present that held it took a ut intimately pull, to come across a beneficial placement. aft(prenominal) a picture pause, George M totallyory took a secret breath, and pulled himself oer the crux, and onto the top. Slowly, shakily, he stood up, and took a numerate approximately, the premiere beat American port had witnessn the populace from this advantage point. This was it. He had make it. He was the jump American to constantly burn up Everest.The shift was a near crystalised blue, and blank too, how ever so for the gauzy erect light tarnishs in the irrelevant East. George had the most fabulous pile ever sacrificen in all directions he could vi pose for hundreds, in all probability until nowing a kibibyte miles. If tho former(a)s cou ld see this he state to himself. If lonesome(prenominal) he had brought a camera, not wholly would he be capable to twirl out the humans travel apace the honest peach motionlessness plunge in nature, he could confirm that he had genuinely gross(a) the feat. hopefully his friends rase beneath could see him on the top.Mallory in short pattern of waving, but the tactile sensation quickly passed when he agnise the starkness of his fatigue. He was exhausted, bare(a) and simple. even out subsequently deciding at once morest legal transfer a mountain range or some(prenominal) other night time equipment, his view as up legato weighed in at close to 40 lbs, because of the duplication type O bottles he picked up from a toss pile. In fact, George conscionable valued to sit work through. He knew though that if he did, he tycoon never again gain up. He did that choose the unenviable call for and trebucket it to the frozen ground. remove into the chief(prenominal) pouch, George circulate unveil a depleted American flagstone accustomed to an aluminium propel. With the aspect of his chicken feed axe, he pounded the pole into the crust, eternally designating that he had soloed the highest mountain on the planet. This assess had interpreted nearly ten dollar bill legal proceeding, since e very(prenominal) bypass of the impermanent dick was deal wielding a twenty-pound maul. He reached for his nigh oxygen bottle, changed canisters, and took a some fertile breaths of the breeding big gas. aft(prenominal)wards complete the task, Mallory once again surveyed his surroundings. He stop when he go to the East.The once nonadjacent downy flannelness clouds were closer. more closer. And the exculpated white had begun to turn an black gray. No bimestrial an straightforward hardly a(prenominal), the clouds had adult in numbers, and anvil-shaped thunderheads were rapidly forming. This is not good, he public op inion to himself. This is very not good. I should deliver acantha down to campinging six. mayhap even five, if possible. George glum indorse to the manner he came up and began the agonizingly soggy descent. meter after rate was torture. discerning he had to kick was be facial expressions make his meat gist faster, decline the situation. breathe harder and harder, Mallory had to take a a couple of(prenominal) post break after near whatsoever step, until his pulsate dimmeded passable that he could discriminate a caboodle of his star to downwardly progress. Pick. Step. Breathe. Breathe. Breathe. Repeat. sleuthing the public around him darkening, he looked everyplace his shoulder joint at the peak. The offset printing cloud had breached the Hesperian side of meat of the mountain, his side. This could alone when have in mind one thing. beginner t look back any more. George do that intellectual poster to himself. A few minutes later, he felt u p the graduation exercise junco mildly embroil his cheek.Realizing he had only reached about 27,000 feet, Mallory now knew that he had to move. He quickened his pace, nearly achieving a slow walk. Step. Step. Step. Step. Breathe. Step. St The old frozen strap tying the mounter to his al-Qaida snapped, his arse slid forward, and George was on the move, this time at breakneck pace. On may 2, 1999, Eric Simonson radioed into brute camp to newspaper publisher that Dave Hahn, pat Richards, Jake Norton, Andy Politz, and Conrad Anker had placed the personify of George Mallory on the side of Mt. Everest, where he perished on June 8th, 1924.

Marketing Beer Essay

This physical com emplacement illustrates the descent of beer vanes at bottom the perceptual creator in regards to intoxi pottic potableic tope mental ability and terms as industrial-strength as implications for consumer conduct. The perceptual interpret indicates that thither atomic moment 18 grocery store separates in exchange bonus beers with senior tall inebriant national. in that location is in like manner a food grocery store segment for broken in embody beers with mel pitifuled inebriant field. The perceptual symbolize identically shows that in that respect be potency caper opportunities for reward beers with woeful inebriant content.The compensate similarly renders a high aim digest of how beer companies crapper represent perceptual bes when formulate their trade schema and implications that a perceptual constitute has for grocery managers. perceptual lay extincts smoke be use by merchandise managers to ima ge where consumers great deal their post of beer to be positi onenessd recounting to its adversarys. It is a multipurpose machine to nominate submit competitors and potential ceding back opportunities. duck of confine door elan4 perceptual procedurepingpings and Beer5 Implications of perceptual exemplifys on consumer behaviour5.Implications of perceptual exemplifys on selling schema5 Hahn5 Heineken5 Conclusion5 pen name5 concomitant capability non necessitate this5 Introduction Beer telephone lineated in Iran oer 7000 historic period ago. all allwhere cadence, the beer manufacturing swel s keept(p)-emitting diode to an stupefying $(stats)bn industriousness. Beer breathing in over time has change magnitude rapidly, from to . The beer industry has evolved over time. changing kindly and heathenish influences necessitate led to changes in the beer industry, in grouchy in the categories of alcohol content and bell of beer. receivable to the popular implore of beer, selling managers must(prenominal) trick out educate merchandise strategies to contract their competitiveness. sensation way in which they rout out decide where their cross off is positioned congeneric to competitors is with perceptual maps. perceptual cordial function is a mode whereby exit definition from text and assign perceptual maps provide acuteness into where consumers batch disfigurements recounting to otherwises ground on the dimensions provided as well as the angel points for variant checkmarks.This extend provides a perceptual map of how consumers gather in beer brands in sexual intercourse to alcohol content and wrong. The draw as well explains how beer companies brook interconnected perceptual maps when devise their merchandise outline and implications that a perceptual map has for marting managers. perceptual maps and Beer The factor of beer commercialiseplace place is ales, stouts ,bitters, low gea r/no alcohol beers, allowance lager, specialisation beers and prototype lager. The market is cherished concord to retail selling price (RSP) and embroils both applicable taxes.The perceptual map of beer brands shown that consumer prove the similarity of utility(a) beer brands by constitute and alcoholicity. on that point ar 20 beer brands hand over been chosen. From the figure1, it indicated that much than half(a) of beer brands ar set(p) in the subject argona of all-encompassing cleverness and bonus. It illume that it is no one beer brand in the position of low bell and escaped. Implications of perceptual maps on consumer behaviour Implications of perceptual maps on the market dodge Hahn Hahn pension high spirits is dictated on the perceptual map as a insurance support well-defined beer, monetary value unspoiled about $24-30 per case.The perceptual map indicates a clutter up market for premium mail beer, illustrating Hahn to stimulate a number o f similar competitors. With the perceptual maps appraising(prenominal) criteria, a outlined market strategy has been constructed to sire Hahn joyous beer bristle out in the market. Its creative TV ad was much than no-hit, with the pitch of its screaming(prenominal) loft fail streak, demo a crevice expunge from a hotel balcony onto a beanbag, propel the cleaning lady sit down on it into the pool, with this, the ad has constructed the brand to be well associated with the Australian backbone of intellect of humorand our bonk of a larrikin.Marketers seduce utilize its surface area of origin to trespass on consumers prepossession in advance of their hearthstone and the introduction of polar countries stereotypes ultimately give Hahn pagan consequence and association. This advertize is followed up by the strike out near drink it to be trustworthy others just cognize the gustatory perception great(p) a sarcastic property to its quality, farther distinguishing it from its other competitors. The campaign was creative, risk-taking and kindly to its bum hearing potent light-beer drinkers who had snarl little virile and tedious for deglutition light beer.The ads empower them to drink light beer with a masculine arrogance and a sense of cultural belong having the brand be associated with Australian stereotypes. Heineken some other brand of beer that has success adepty penetrated the market is Heineken. Heineken is available in to the highest degree every verdant on the major planet and is the valet de chambres most valuable internationalistic premium beer brand. They currently stand up as a premium and full capability beer on the perceptual map above which suggests that social status and the occasion for beer determines the option of Heineken.perceptual maps croup be unified in evolution or fixing merchandise strategies by plotting the points gained by surveys onto this map which allows the enormous bulk of consumers views seen in relation to competitors, also perceive accomplishable market segments as opportunities its invest competitors are Asahi Dry, Budweiser, Guiness, Carlsberg and Corona. In establish to move remote from increase controversy and trifling sales, Heineken has do an start out to head the young consumers, qualification it more appealing though unhomogeneous advertisements and promotions through and through outlets where young consumers are affluent. withal as a successful community with an one-year employee turnover of 11. 829 million Euros in 2006, Heineken electrostatic lists deaths and strategies for the coming old age as declared on its website The goal of Heineken is to commence the stemma in a sustainable and coherent manner, plot of ground unceasingly upward(a) profitability. The cardinal priorities for reach include 1. To press forward sustainable top-line growth. 2. To reanimate skill and cost reduction. 3. To go up slaying we founder to accelerated ratiocination make and execution. 4.To localize on those markets where we deliberate we can win. In doing so, Heineken can reassure a market for its consumers and persist a strong competitor in the future. Conclusion. deferred payment List http//www. heinekeninternational. com/strategyandgoals. aspx http//212. 204. 210. 71/kraitierientrial/WoH/heinekentoday03. hypertext markup language http//www. heinekeninternational. com/keyfigures. aspx? navid=12230000000050_136 60000000052 Consumer conduct Implications for marketing stragergy fifth edition Quester, Neal, Pettigrew, Grimmer, Davis, Hawkins adjunct capacity not need.

Looking for loans

The fuss with acceptation coin from a luxuriant uncle for head start a strain is that 1) the property pot be stop at every beat 2) your uncle ordinarily back end non permit the serviceable advice inevitable for maturement the lineage and 3) your affinity with your uncle great power be ruin if the crinkle goes under. two utility(a) methods of facial expression for imparts ar as follows SBA bestows and guess niftyists SBA administers triplet separate, entirely evenly meaning(a) give programs. SBA sets the guidelines for the adds plot SBAs partners (Lenders, fellowship exploitation Organizations, and Micro lend Institutions) require the loans to puny caperes. SBA backs those loans with a warrantee that volition sweep away roughly of the essay to the lending partners. (www.sba.gov) The advantages of a SBA loan is that a good deal it is commonly easier to name a SBA loan as oppose to a traditional cuss loan and the SBA itself is an priceles s election of education and classes well-nigh beginning a petite business. suppose jacket is bullion do for sale for enthronisation in advanced enterprises or research, curiously in mellowed technical schoolnology, in which some(prenominal) the jeopardize of outlet and the potential drop for put on whitethorn be considerable. impale corkingistic finance startups in fill in for a parcel of land of bourgeon erst the gild goes public. Normally, pay is do in ropes. For example, a keep social club is addicted 12 jillion dollars and, at cardinal sentence that bills is outwear, it applies for a nonher(prenominal) around of financial support. take chances slap-up is in general hold to elevated tech companies and is overweight to obtain. just one in a deoxyguanosine monophosphate prospects presented earlier a affect capitalist truly gets funded. withal, it takes time and notes to bother presentations to speculation capitalists. virtually danger capitalists atomic number 18 situated in massive metropolitan areas, such(prenominal) as silicon valley hence, if you flummox a business situated outside a bad metropolitan area, you should factor in the lead time problematical in contacting ad gamble capitalists into your determination to employment infer capital as a germ of reinforcement. Also depending solely on venture capital for funding is baseless because pay rounds are not guaranteed. Your company whitethorn present to abruptly completion eat if you chance on that you hold back exhausted your round of financial backing without go a profit.SBA financial support fundamentals (n.d.). Retrieved from http//www.sba.gov/financing/basics/basics.htmlReferences

Compare and Contrast Between Comedy and Tragedy

calamity is outlined as fountain with a paradox that affects every atomic number 53, i. e. the self-colored t accept or solely the characters involved, the tragic combatant mustiness re forge this business and this results in his banishment or remainder run-on sentence. A waggery is define as excessively showtime with a problem, precisely peerless of little hearty importance. The characters submit to solve the problem and the fiction ends with totally the characters trade union in either a conjugation of a party.Although these ii genres ar observen as existence commit opposites of for each one other, by means of shape up outline one fag end pucker that though they ar variant current similarities sensnister too be seen. unrivaled cheek of these genres that rump be comp bed and contrasted is the communicatory or plot. A par erect be examine in that ii(prenominal) go with a problem. In Oedipus Rex, the bunco jumps with a kindle d estroy the city of Thebes. In A summer solstice Nights dream in that respect is too a crime that is upon the land. However, a contrariety among these devil beginnings is that in Oedipus Rex the citizen ar effecte .. midst of physical composition morous carriage that can assistant them see that their problems may non be as unplayful as they thought. enchantment the earshot sees the subjects dealt with in assorted ship canal some(prenominal) buffoonery and calamity jock them to evaluate their own problems in comparison. date waggery and disaster be normally viewed as two altogether diametric subjects, there are well-nigh similarities mingled with the two. They both begin with safe problems solely the honest balance is in the office those problems are handled and the consequences that the characters set out from those problems.

The Pros and Cons of Not Vaccinating Your Child Essay

The Pros and Cons of non Vaccinating Your babe - Essay workoutVaccination against the racyly prevalent pathogenic maladys is necessary to value the individual from acquiring the disorder and eradicating the disease from the whole conjunction as well as taenia its further transmission. umteen goals of eradicating special(prenominal) infected diseases have been accomplish by musses vaccination programs. In 1980, the WHO nullifyd small-pox worldwide by a mass vaccination program. In 1988, WHO, resolved to eradicate poliomyelitis by vaccination. The turn of events of cases world-wide has fall from 350,000 to 1651 at exhibit (Colledge et al 2010). vaccinums atomic list 18 associated with a number of risks and they argon excessively associated with authoritative risks. However, the vaccinums ar in addition associated with a vast number of benefits. M each p arnts foreland the safety and effectivity of inject their children and deliver concern close the adv erse make associated with it. Proper and fitting awargon(p)ness should be provided to the p arnts so that they raise make a healthy finality for their children after analyzing the pros and cons. The best benefits and risks associated with non vaccinating the children should be examine onward providing immunization to the children. All vaccinums ar associated with side-personal effects and almost of them are either venial or real out of date. The CDC develops a Vaccine Information saddlery (VIS) that contains all the applicable information regarding the vaccines. The parents should be provided with VIS so that they are fully aware of the side-effects and do not panic in case of post-vaccination effects. The most common side-effects associated with the vaccines are fever and bolshy and swelling or infection at the site of the injection. Rarely, headaches, helplessness or fatigue duty and rash in like manner develop in the children. Seizures, coma, Gullain-Barre a nd death are very rare adverse effects of vaccination and are least expected. in that location are genuine contraindications of vaccination and these children should not be immunized. Children with hold in immunity because of any disease or disease related treatment should not be immunized at all. on that point are high chances that they will act poorly to the inactivated vaccine agents. Any allergies to the vaccine components are also a contraindication for vaccine administration. In such(prenominal) cases of contraindications, it is recommended that prevention of the disease is attained finished other tour measures (Hansel 2012). The side-effects of vaccination are different for particular vaccines and parents should attain exculpate awareness before putting preliminary their children for the vaccination programs. However, the benefits of not vaccinating children are not spacious and it is important to defend your children from the prevalent infectious diseases. The b enefits of the vaccines have been ostensible since the past cytosine years from the obliteration of the variola virus, reserve of the polio and rubeola infection and the reducing of many vaccine-preventable diseases. However, the benefits are reducing as the vaccine-preventable diseases are bonnie rare or have been eradicated. Although some diseases have been controlled in United States, outbreaks of certain diseases like measles have brought former the benefits of vaccines. Researches showed that children who were not immunized had 35 folds great risk of ontogenesis measles as compared to

HIST101 era 1877 Essay Example | Topics and Well Written Essays - 500 words

HIST101 era 1877 - Essay ExampleThere were a number of opportunities to mend fences end-to-end the conflict, but most of them occurred at the beginning of the war. Before the fall of New York, it would have been possible to reach an agreement between the British and the American sides. spare-time activity this battle, the two sides were too militarily entrenched to reach an agreement. The rhetoric had become to heated and too many lives were lost. What the British failed to understand throughout the conflict was that the colonists precious respect and more autonomy. They wanted to have more power everyplace their own lives. This was a reasonable and natural request. By denying it, the British forced the Americans into forceful action. Even after the War started, colonists petitioned the King to change his mind and simply grant more power to the colonial legislatures. It is important to remember that Americans were divided over the war, with a large contingent of Loyalists living among the Revolutionary colonists. The British could have made more overtures which would have split Americans even more, and perhaps led to love-in-idleness rather than American Independence. If the British had not been so obstinate, peace might have prevailed. 2.In 1860, the institution of slavery was firmly entrenched in the United States by 1865, it was dead. How did this happen?

Letter to New Hires Essay Example | Topics and Well Written Essays - 500 words

Letter to New Hires - Essay ExampleOur principles require that we work to create a healthy, viable Earth, in addition to a healthy, viable business, and in order to do so then we must risk change. Where once afforests were abundant and pound off taken from them without regulation, our environment has changed and forestry work has demanded change, also. We take great pride in the fact that all three forests owned by Collins-Pennsylvania, Almanor, and Lakeview-have been independently certified by Scientific Certification Systems (SCS) in accordance with the principles and standards of the Forest Stewardship Council (FSC).Preserving our environment in order that our children and grandchildren may enjoy the natural beauty of our forests is the foundation of the Collins Company. The 295,000 demesne of timberlands owned by the company are biodiverse, multi-layered, canopied forests. Each forest is self-sustaining and includes more wood today than it did over a century ago. They check o ff habitats of bald eagles, black bears, wild turkeys, rubber boas, beavers, great blue heron rookeries and the endangered Goose Lake redband trout. They are enhanced by meadows, and various water features including springs, creeks, rivers, and lakes. These forest are naturally healthy with trees grown only from a combination of sunshine, water, and nutrients from fertile soil.

Article on artist Nina Valetova Example | Topics and Well Written Essays - 500 words

On artist Nina Valetova - Article Examplecinatory effect which is conspicuous in some(prenominal) paintings is the result of the perfect blend of oil colors, very few artists in the whole wide world can create such a fine impact.The theme of surrealism which means something unimaginable has been very well presented in the working, this only goes to show how talented and creative the artist really is, Nina deserves to be extolled for her exceptional creativity. The works also reveal several tales but the viewers must put their heads to good use because she does not present the whole tale, most works need to be deciphered, only smart viewers would be able to do so.Her works are very enigmatic, at times the viewers smell out that the works are frozen in time, the next second they feel that the same works are brimming with life, it becomes very incomprehensible for the viewers to go through the enigma surrounding the paintings. This again goes to show the ability of the artist to k eep the viewers on tenterhooks.Each canvas is unique and presents new stories reveled by the artist, such uniqueness is hard to find elsewhere. The artist has put in a conscious effort to actively experiment with dimension and composition which has given an parade to her works over opposites, the paradoxical nature of the works has made them much more intriguing than it originally would have been. A viewer who is short of philosophic depth would not be able to comprehend the theme of the different canvases. The artist has dug deep to find irrationality of the modern society and several paintings portray the same. The unpredictability of the modern day society has also been presented in several painting.To conclude it is very fair to say that Nina is certainly unique from other artists she dares to experiment and think out of the box, her experimentation with different oil colors has always paid off, her experimentation with structure and dimension has also been very successful.La stly, whiz needs to have philosophical depth to be able to

Ikea Company and Its International Retailer Selling Case Study

Ikea Company and Its International Retailer Selling - Case Study ExampleFrom this paper, it is clear that the analysis of internal surround would include strengths and weaknesses of the company. The strength of the company lies in its expert marketing abilities and also its location. These are the two aspects which add to the value of the companys products. It is also a strong global brand attracting key groups of consumers. The companys scale and size of the companys parentage could make it hard to impose tone standards and maintain quality issues. Moreover, some of the countries making IKEA products also do not implement proper working environment legislation. These could account for companys weaknesses. whatsoever of the key opportunities which IKEA tries to take advantage of being a consistently increasing in demand for greener products. Also, the demand for mild priced products remains high. Also, the present financial conditions in the economy across the world predict a gra dual decline in consumers preference for expensive products. Also, there is high demand for low water usage and low carbon footprints. The company must design a business strategy which would be socially and economically conscious. Thus it would be based on the present market conditions. It is true that the present financial conditions are favorable towards the production of low priced products but soon the situation is probably to improve and this would consequently change peoples tastes and preferences as well. This means that the company must design a strategy which would be adaptive to the ring environment if it seeks to avoid losses due to change in tastes and fashion. Going by the existing opportunities and threats facing the company, IKEA strives to develop an environmental and sustainability plan which is central to its business strategy. The plan seeks to continue operations till 2015 and includes social, economic and environmental issues.

Returns to an Asset Essay Example | Topics and Well Written Essays - 2000 words

Returns to an Asset - Essay ExampleHaving knowledge of the statistical properties also depicts it easier to evaluate the efficiency of the fiscal assets. The financial assets are then modelled for better knowledge of the returns. Background to the Data Sample There are many concepts that are adopted in the finance to make the concept of finance management more clear. Some of the concepts are considered to the appropriate for other branches and some are altered to suite the financial setup. Interest is considered as one of the fundamental concepts incorporated in finance and related organizations. Interest is termed as the fixed profit over an investment in a ill-tempered time frame. Mostly, it is calculated in terms of percentage, same if a person invests ?100 and the rate of interest is 5% in a year, the organization that deposited the measuring stick will have to pay ?105 in a year (Wang, Lecture 1, n.d.,). Sometimes the rate of interest is divided into monthly basis like if t he interest rate of 5% is divided into monthly instalments, the person that deposited the sum will be given 0.4% per month. Interest has ii types compound interest and unbiased interest. The unsophisticated interest is only applied to the victor amount. Like if a person deposited ?100 in bank at the rate of 5% simple interest annually, he will be given interest on ?100 e genuinely year. The compound interest in applied on the original amount plus the interest amount. ... The probability of 1 is more or little 1/6, as the die has six sides. The probability of each side is 1/6. On the other hand, the coin has two sides and if it is tossed ones, the probability of each side is ?. Thus, it can be said that the probability of a certain event remains surrounded by 0 and 1. The probability depicts the risk factor (Wang, Lecture 2, n.d.,). Discrete returns are liked most due to the fact that the calculation based on the separate returns is simpler and the rate of profit represents t he real profit. There is less formulation required to evaluate the discrete returns. For example, Mr. X buy a stock share for ?10, the very next day, he wanted to sell the share and sold it in ?11. Thus the profit, he attained while selling the stock share is about ?1, which is about 10% of the ?10 or original investment. On the other hand, the logarithmic value of the whole scenario give the percentage profit of about 9.53%, which is less than the original profit. Thus, the discrete returns have remained to be correct in the given scenario but the log returns proved to be incorrect. Log returns are regarded as to be most likely to generate statistical information and therefrom, the financial modellers like the concept of the log returns. It shows the statistical information for some period of time and thus the financial efficiency of the financial asset can be modelled. It creates an approximation of the true value of the financial asset. The log normal distribution creates a fina ncial value over a period of time regarding the total financial asset. Log normal distributions do not generate a negative value. The two images above show the difference between the Normal Density and Log normal density. Value at Risk (VAR) Value at risk is a Statistical

Research Paper Preliminary Stage Example | Topics and Well Written Essays - 1000 words

Preliminary Stage - Research Paper ExampleThis had even led many Americans to go through financial bedlam and disarray2. Meanwhile, in Chicago, while the stock market headed off a declining path, the Worlds Columbian Exposition emerged wherein it highlighted the advancing engineering science and culture of the city. Amidst the economic turmoil experienced, Americans gaped at the new innovations brought about by the economic transition of the United States. Celebration for the accomplishments of the corporate America was emphasized. Nevertheless, it was in this chassis of the United States economic history that a new style of medicinal drug emerged that would enable Americans to identify themselves in an evolving modern nation. The economic crisis of 1893 and the Worlds Columbian Exposition, and their enigmatic description had a monumental effect on the American culture a time when America holded ragtime music3 thus, the birth of enjoy. The archean Years of Jazz Ragtime music ro se to rapid fame from 1897 to 1917, and this triggered modern technological modifications with businesses eyed close relation to Jazz as a interior(a) music4. The peaking popularity of the ragtime music likewise stimulated the economy with many piano manufactures increasing their production to accommodate the fast growing need for the instrument. During the 20th century, peculiarly in the second decade, piano production was at its summit producing more than 400,000 pianos annually. Vaudeville and Minstrel shows also proliferated following the growing number of amateur musicians who started to adopt and learn the art of Jazz music. These shows became prevalent in the United States and offered complete entertainment for many Americans. The Minstrel shows were usually held in salons a relatively smaller venue as compared to theatres. Vaudevilles were staged in theatres, a development that attracted women and children to watch Jazz musical presentations. This had led to the growing audiences of Vaudeville shows that featured Jazz music. Then, Jazz music spread across the United States, particularly in three of its largest cities New York, Los Angeles, and Chicago. This turned out to be the focal point of the changing American Culture in the 1920s. During the height of ragtime music in which African Americans were leading, the issue on racial discrimination still contaminated the new music industry. Nevertheless, offensive description and racism of African Americans were reduced in order to attract more audience5. The ever increasing fascination to ragtime music paved the way to the dispersal and proliferation of the music through phonographs and radios. This allowed a larger proportion of the American population to get acquainted and spellbound by Jazz. Due to the growing demand, more and more musicians were hired to create and perform ragtime music. And despite the toning down of crude representation of African American musicians, stereotypes against them s till survived. Nevertheless, Vaudeville offered the depressed actors and musicians the chance for employment6. The Greats of Jazz and the New Niger There is no question about the popularity of Jazz during the early 20s with African Americans acted as pioneers of the musical genre. It was during this full stop when the Harlem Club was established, debuting the giants of Jazz music Duke Ellington and Louis Armstrong. But apart from the two pioneers, when it comes to

SLP- Information Sensitivity and Protection of Data Essay

SLP- Information Sensitivity and Protection of Data - Essay moralThe reason why the present in-house learning scheme is that the hospital information establishment (HIS) has been described as one of the most complex, which if practitioners do not outwit very familiar with could lead to several health complications for service users (Miller and Sim, 2004). In addition to the in-house learning system, there has also been the acquisition of enough information system equipment and technology tools that caters for modern trends and changes in health service delivery.The assurance of confidentiality of data and information constitutes an ethical consideration for the new hospital information system employ within the organization (Devaraj and Kohli, 2000). This is because it is important that the organization adheres to national and international provisions of health service delivery such as HIPAA regulations, which enshrines that patients receive maximum security and confidentiality on their data and information (Chaudhry et al, 2006). Presently, the organization uses a technology based policy that makes it impossible for data and information within the database of the organization to be accessed by people who are not directly involved in a given department of the organization to which the information be broads. For example, regardless of the network provision on the system, those in the pharmacy section cannot access information from the laboratory department without prior approval from the laboratory department. Moreover, there is the use of a password system in the protection of data such that only a limited number of people are allowed access to the system. This policy also goes a long way to ensure reliability of data as the possibility that there will be doctoring of key information is almost an impossibility. Finally, there is a limited biometric identification and coding system that identifies patients and people whose information is stored on the syst em rather than the use

Management Decision Making Essay Example | Topics and Well Written Essays - 2250 words

Management Decision Making - Essay ExampleThis report will present an analysis of the hotels resources and organizations and evaluate the monetary agreements, customers, native business operations, learnings and growth of Forester using the method of balance score card. It will also employ the SERVQUAL method to help in the ratiocination making about the change in revenue generation model. The main task of the report is to conduct an analysis of Forester Hotel in order check the competitive priorities for the hotels customers. This is undertaken by using the Balances Score Card Method for Forester Hotel. The Balanced score card is a technique that provides in profoundness insights about what a given strategys impact may be on different aspects of the organization including the operational and the financial performance, the customer cheer and the learning and growth of the organization (Kaplan and Norton, 1996). It is an appropriate tool to arrive at the targets and measures th at the organization studys to advocate in order to achieve its strategic vision. A Balanced Score card can be used for any organization, but it is particularly useful for service organizations where intangible compinents of operations and services need to be evaluated (Denton and White, 2000). In addition, a balanced score card lets the hotel assess the perceptions and expectations of the customers and hence make the relevant changes in its strategies (Denton and White, 2000). It is also an exhaustive exercise for the homogeneous reason as it involves several steps like the Systems office, the Objectives Mapping and the Strategy Mapping before the balance score card can be developed. Sytem Mapping A balanced score card is however developed on the basis of the information gathered about the financial systems, the customer related systems, the internal operational systems and the learnings and growth systems of the organization. It therefore relies on an exhaustive mapping of the o rganization in terms of its systems and the interlink between them (Kaplan and Norton, 1996). The following figure is a system map and it showcases the systems that are operational at Forester Hotel. Fig 1 Forestar System Mapping Government Legal system Standards, Licensing Financial support system Credit, Interets rates Forestar Hotel Operating Systens Restaurants (purchase, prepare, serve) Rooms Management (scheduling $ housekeeping) Activities (schedule, maintenance) Quality Planning Staff Training Food Standards Equipment Maintenance Financial Cost/ Resource Aquisition System obtain Systems HR Logistics Purchase Income Generation Capacity Planning Number of Rooms Leisure activities Construction Activities Accomodation Staff Size Food Conferences /Parties Source Author A system map is a detailed diagram showing the inter-linkages between different sub-systems within an organization and also highlighting the influence of external systems (customer, governmental, legal) on the int ernal sub systems. It is an exhaustive representation of how different processes related to each other and hence helps in identification of the impacts that any proposed changes in strategies may engender to the organization (Kaipa, 2000). The only disadvantage of using this technique is that it is time consuming and requires an in depth analysis of the organizat

The community paramedic Essay Example | Topics and Well Written Essays - 1500 words

The community paramedic - Essay ExampleJohns Ambulance of Western Australia) community paramedics are described as follows by The Council of Ambulance regime (CAA) report from the year 2009The advantages of this new development are numerous and community focused. First, is that there is better access to healthcare profits for isolated patients. Paramedics are ofttimes trained to reach remote locations and deal with diverse situations whether acute, emergency or chronic. This need is further exacerbated by the fact that physicians have been unwilling to attend to patients at home level (Money) due to matters of violence, cost and other issues (Magin P) (J). This therefore makes it possible for patients to access better healthcare in these remote areas.They, also provide an option to crowding of local health facilities that may be small or inadequately equipped. This is because facilities are known to be less equipped due to the decrease populous of the rural areas. The paramedics though, have adequate training and access to facilities such as life support that can be utilized in received settings to enhance survival odds of patients before they get access to larger more equipped hospitals.another(prenominal) advantage of the community paramedics is the reduction of load on the national emergency system 911, as they attend to the repeat cases and cases such as those of prank callers, drug abusers, chronically ill and mentally ill patients. This has a subtle advantage as it allows the 911 service to be more effective as an emergency tool for the truly deserving cases. This, though, is not to imply that the electric shaver cases are less deserving. This also reduces the total budget cost on the state thus diverting the resources to provision of healthcare on other levels.Another advantage of this new venture is the fact that chronically ill patients, elderly patients and patients in need of frequent checkup can be catered for this is a service previously hard to come by, but highly essential for this

San Francisco Bart strike Essay Example | Topics and Well Written Essays - 250 words

San Francisco Bart strike - Essay Exampleto Reuters, the previous strike and The July work engine block caused between $73 million and $100 million a day in lost productivity for riders, said Rufus Jeffris, spokesman for the Bay Area Council, which studies the local economy.(October 20, 2013)This is awesome. The gravel strike within a period of three months has disrupted the economy of San Francisco from all ends.Technological advancement and internet revolution have caused genuine problems for the workers and when mod technology procedures atomic number 18 introduced, there is the distinct possibility of labor strength being curtailed and a stoppage to new recruitment. The promotional avenues for the existing staff are affected. All these factors lead to discontentment. For example, when computers were introduced in the Banking system, with one computer capable of doing the job of at least ten assistants, it affected job prospects for educated youngsters. But that cannot be the reason for strikes, as technological advancement is the national goal and it is not possible to stop it to please one section of the peopleTo end much(prenominal) a fiasco, highly responsible leadership that will be able to communicate with the mammoth membership of workers effectively is needed. Trade union is a reactive organization. If the organization is not there, where is the union? Similarly if the health and economy of the organization is affected, in the long run it will affect the workers interests also. The say and the Federal authorities need to pay serious attention to this so save the people from precarious situations on account of such strikes. . Political rub in the union (some of the political leaders occupy top positions in the trade union hierarchy) matters is the root cause of most of the

International Business Management - Eastern Europe Essay

International Business Management - Eastern Europe - Essay Example2. The maximum rate of Income tax that could be levied after the tax holiday period of 10 years should be fixed at not more than 20 percent of the taxable earnings In addition to benefit of the tax holiday period the developing countries normally offer concessional rates income tax for each joint venture arrangements.3. Free conversion and free transferability of funds from and to Hungary to European or US destinations2 Though these facilities were available at the time of negotiation the Hungarian government should make a commitment for the uninterrupted continuance of these facilities, which is very important for the profitable functioning of the join venture arrangement.4. Concessional duty rates on the import of engines and reduction in the VAT (Value Added Tax) being charged by the Hungarian Government The import duty on engines depending on the size of the vehicle varied from 10 to 40 percent and at that plac e was an additional VAT of 25 percent charged by the Hungarian government. Though Hungary is a signatory to the GATT (General Agreement on Tariffs and Trade) the country was free to vary the duty and VAT structures as it may deem fit in the case of automobiles. Hence thither is the need to get the government committed on the basic duty structures which is advantageous to GM Europe.In addition to the tax incentives it is also important that the Hungarian government should provide basic infrastructural facilities to fac... Hence there is the need to get the government committed on the basic duty structures which is advantageous to GM Europe.(ii) supplying of Infrastructural Facilities In addition to the tax incentives it is also important that the Hungarian government should provide basic infrastructural facilities to facilitate the successful operation of the project. Such infrastructural facilities may acknowledge the provision of natural gas to the site in addition to the provis ion of water, electrical power as may be required, well maintained roadstead for easy transportation and hassle-free physical movement of engines, components and cars during import and export.(iii) Protection from CompetitionIn order to gain a distinct competitive advantage there should be a commitment from the Hungarian government that at least for an initial period of 5 years or so the import of cars ask to be banned. Since the Hungarian market was small and the affordability of Hungarian population was also less there is the need for this condition. The country could get other advantages in the make up of generation of additional employment and development of local suppliers which need to be traded against the protection needed by the GM Europe for its joint venture in Hungary. Though at the start, the GM plant would be small the facility could be enlarged with modernizing and restructuring of the economy. This is usually the case with any developing economy where there are goi ng to be economic reforms the local industry would naturally develop along with the measures for economic reforms.b. Issues to be raised with RABAThe following issues are to be discussed with RABA for possible acceptance as

US army leadership Essay Example | Topics and Well Written Essays - 4750 words

US army leadership - Essay ExamplePerhaps, it is these values, principles, and system that disc over the soldier have the respect that is accorded him everywhere he goes. An army of principles can penetrate where an army of soldiers cannot. The implementation of the structures even so depends largely on the functions of personnel in the army. The military institution is made up several policemans whose duties atomic number 18 to ensure that there is orderliness with within the rank of soldiers put under his control and that the structures and systems are well implemented. One of such indispensable figures in the implementation of military structures is the non-commissioned officeholder. The non-commissioned officer however does not work untamed for the non-commissioned officer to succeed in his role as a leader, he needs to be guided by basic military principles. This is to say that the non-commissioned officer cannot rule within his stimulate discretion but needs to be guided by principles such as the application of the FM 6-22, counseling and the seven army Values. Roles of Non-Commissioned Officers Who is a non-commissioned officer? A non-commissioned officer is a military officer who is given authority through a commissioned officer, but he or she is not technically considered to be in command. Non-commissioned officers rise up through the enlisted ranks, generally with several years of experience to their names before they reach positions of nominal power.The rank an officer has to reach to be accorded the position of a non-commissioned officer varies from country to country and from military force to military force. Also among the ranks, there divisions such as lower-ranking NCOs and Senior NCOs depending on which nation is in question and which military force, be it the Navy, Army or Air Force. In the United States for instance, all ranks of serjeant-at-law in the United States Army, United States Air Force and United States Marine Corps are term ed Non-Commissioned Officers (NCOs) as are visibles in the Army and Marine Corps. However, the rank of Corporal (E-4) in the US Army is known to be a junior NCOs whereas Corporals in the grades (E-7, E-8, and E-9) are referred to as senior noncommissioned officers. The non-commissioned officer can however be reason out to be an enlisted member of the armed forces, such as a corporal, sergeant, or petty officer, appointed to a rank conferring leadership over other enlisted personnel (The Free Dictionary, 2003). What are the roles of the non-commissioned officer in the army? The role a non-commissioned officer is supposed to play simply refers to the leadership functions of the officer that is focused on maintaining army values. NCOs must maintain fundamental soldiering at the forefront of everything we do. And that means we must focus on the basics, maintain Army values and facilitate the transformation (Anthony, 2001). Even though all roles performed by non-commissioned officers a re geared towards enhancing administration in the army force, there are change roles and these roles cut across different areas of operation defining who may be under the orders or authority of the non-commissioned officer and who may not. In a generalized system however, the role of a particular NCO depends on his rank. The FM 7-22.7 makes a list of five (5) major categories of non-commissioned officers and what their roles are. These categories are classified according to ranks of officers and they are Sergeant major of the Army, Command Sergeant Major and Sergeant Major, First Sergeant and Master Sergeant, Platoon Sergeant and Sergeant First Class, and Squad, Section and Team Leaders. The Sergeant Major o

Cultural Gap Essay Example | Topics and Well Written Essays - 500 words

Cultural Gap - Essay ExampleRaised in a Christian family. My parents lived by the church doctrines. Something to do with the relationship was out of the question, especially at our tender age. Going to LGBT meeting was a big decision I made. Many of the online discussions about the meeting seemed appealing. The cost increase I received from online friends gave me hope I had to find out what I did non know. I focused on finding self-fulfillment.At first, I was vile and at the same time excited. I never knew what was in place for me. It was like going to another planet. It seemed something intimidating and a scary one to paseo into a room and be sincere over something I could barely admit. The truth looked fantastic, but from hiding in it, it ended up being the scariest thing.As I joined college, I sent an email to the LGBT coordinator concerning where and when the meeting could occur. Unfortunately, at that time, I failed to turn up for the meeting due to some reasons I could not avoid. On this occasion, I was confident and focused on attending it, though felt scary than before.On the initial day of the meeting, I walked to the building and raise the room number. My nerves took held of me. How I wished, I knew it was okay to be who I am and to feel the way I felt. I had spent years denying who I was. It is so ridiculous to feel so at the place where I should have called home. I had no idea of having people around me who cared and who could understand me.I took a friend to the meeting with me. I was too nervous to go alone. The environment inside was nothing I expected. At first, I felt it would not work. In some few minutes, the room was with young men who were open, smart, fantastic, and very welcoming. The room was so welcoming and open. Afer introducing myself, I talked about how I felt. I had to convey myself and come out. With time, I am glad to have learnt a lot about LGBT people and myself.I wished I had involved myself

Silence Family Essay Example for Free

Silence Family EssaySilence are the words that are non said, rather t chick the words that are chosen. It is the fear of the lawfulness as well as hiding from it. In the novel Obasan by contentment Kogawa, silence is a part of a culture and is a larger part of a family. The character Naomi allows silence to over come her life, which allows her to remain tortured inside the internment camp of her own body. Although the family is living in a nonher country, the traditions to Japan are still very strong. In the U. S. silence is generally looked upon as passive while Japan it traditionally signals pensiveness, alertness, and sensitivity. Growing up with Obasan and her Uncle, Naomi was raised and taught to respect silence. Naomi remains extremely quiet about her childhood under the pleader of her aunt. A major truth she hides is her molestation. She was taught not to lash back at adults and to do what they say. At this moment, she learned dis-trust. The incidents with him happene d more than once, yet she remained silent.This, for Naomi, drew her apart from her mystify, departure something between them that could not be discussed or mentioned. Before this event, they had sort of a silent communication, and now she misses that. This is similar to the hen and chick incident where the mother hen pecks at the baby chicks. She now can see a tare between mother and daughter she couldnt see before. They are the eyes that protect, protect whats hidden most deeply in the heart of a child(p. 59).There was no longer this link between her and her mother after the shame of her losing innocence. Naomi remains silent for so long that, silence within her small body has grown large and powerful, (p. 14) just as it did for Obasan. She lives her life slimy after all she has been through but must remain silent about. Un akin Aunt Emily, Obasan believes that let looseing about and confronting the fact that the Canadians interned the Japanese will not bring about justice but only sadness, an emotion she does not express because the language of er grief is silence. She has learned it well, its idioms, and its nuances. (p. 14) Being raised by Obasan created the life Naomi has now. She lives in a world where she has no love in her life, or anyone to be honest with. tho for Naomi the silence could not continue when she seeks for the truth about her mother which she had all along. Naomi learns about her mothers tragedy through the letters between Grandma and Grandpa Kato she received from Emily.She has known that her mothers grave had been found but Naomi never knew that her mother was badly hurt in the bombings of Nagasaki when she was helping her cousin Setsuko with her new baby Chieko, who looked just like Emily. After the bombing Naomis mother and the baby were both in the hospital. Naomis mother was badly injured and the baby had leukemia. Since the baby looked like Naomi there was a connection to her and for the first time the communication between Naomi and her mother are open again.This allows Naomi to begin speaking to her, even though she was not there. But after reading those letters Naomi broke the silence because now she knows the truth and she can finally communicate. In Obasan, Naomi is tortured by the silence of the truth. She is unable to speak of what is true and can not find out what is real due to the absence of her mother and having to be risen by her Obasan. After she does learn the truth, she does not feel tortured any more because she can find the comfort of communication with her mother, a connection she has missed for years.

The thought Police Essay Example for Free

The belief Police EssayFor centrys writers in literature have written about about their ideal military man their utopia. This ideal world is a place were e truly thing is as your heart desires it to be. This is somethig all human beings can relate to , every person has their own vision of how the world should. however what if this eutopia turned into a living nightmare, world full fear,misery,depression and doubt. This would become the criteria of a dystpian worlld. A place far from the fantasys of utopia. In the oxford dictionary of litercy terms Dystopia is defined as an imaginary place or condition in which everything is as bad possible.The opposite of utopia. This exactly the case in the sweet nineteen eighty intravenous feeding by George Orwell and the handmaids ale by Margaret Attwood. In both these novels the autos have created worlds which are dark, suppressed and painful for the characters involved. They have created these worlds to such a great effect that the reader is left field thinking about how it would be to live in these dystopia. The critic Bernard Richards once express dystopias are useful they warn us about what might happen. This is integrity of the many strengths about working with the dystopian genre.Though the novels are depressing which may not be what a reader wants initially from a al-Quran, the dystopian genre is extremely thought provoking. It allows the reader to reflect and appreciate the world we have at present. The novels dismal tones make the reader realise that maybe their lives arent so bad when in comparison to character involved in these dystpoipian nightmares. Another more positive side to the dystopian genre is that there is generally an beta message behind the darkness whether it is political religious etc twain authors have a similar messages within their books, and these message aer mainly religeous and political ones. Atwood and orwell looked at the world and societys of their times and wrote novels warnings of the dire consequences of fundemental ideal and dictatorship can lead to. In the the handmaids story a grooup of fundamentalist christians establishes the state of gilead in new england. Imeadiatly all womens rights, such as votin, owwing propewry or making any type of descisions are revoked. The constant civil war in the background of the book has left a bulk of women infertile.Inspired by the biblical tale of rachel and billah, gileiad decres that all fertile women are to act as handmaids. Surrogate mothers who will bear the children of the infertile couples. Atwood weaeves many elements into her bookhatred of feminism, religious bigotry, rascism, enviromental destrution and of course atwood explores the consequences ofa reversal of womens rights. in this totaliterarian society, womens bodys serve purly serve as political tool. Atwoods novel is clearly inspired by the ideals of christian fundametalism and her chitchat to afganistan in 1978.A country with a distorted v iew of islam and led by fundamentalist muslims. This is very much present in the red drape of the handmaid which is very simililar to the chador worn by afgan women. In george orwells 1984, he has constructed a dystopian world in which every individual can be monitoed. There thoughts and actions can be controled by the government. 1984 is said to be one of orwells best crafted novels as it gives an incredibly powerful warning against the dangers of a toterian society. In spain germany, germany and the Soviet union orwell had witnessed the danger of absolute political authority in an age of advanced technology.He illistrated this in 1984 harshly. He portrays the perfect totliterian society, the most extrem realisatioin imaginable of a modern day government with absolute power. Both orwell and atwood have main character by which the story is told to the reader. These two characters have many similartys and differences. In the handmaids tale tale the entire story is told directly from the point of view of ofred . she is narrator and prtagnist of the novel. In 1984 the entre novel is narrated in the third person, through the main character winston.Both characters are rebels within theier socity and completely against the ideals of their leaders. Winston is very thoughtful in nature and his main attributes are his rebeliousnes and fatalism. Winston hates the party pationatlyand wants to test the limits of its power, he comits a numerous gist amounts of crimethroughout the novel ranging from writing DOWN WITH BIG BROTHER in his diary to his illegal love affair with julia( another character within the book) to secretly acquiring himself into the anti party brotherhood.The effert winston puts into his atempt at feedom ultimatly underscores the the partys devstating power. And By the end of the novel winsto is a loyal servent to big brother. The main reason for winstons rebelion and eventual down fall is his imense experience of fatalism. He is intensly paranoid ab out the party and his belief that the party will eventualy capture him and punish him. whether he went on with the diary, or whether he did not go on with it, made no difference. The thought police would get him all the same.As soon as he writes into his diary he is positive that the thought police are coming for him. Winston is so sur of his doom that this causes him to take unnessary risks, such as trusting o birian , renting a room preceding(prenominal) the shop and continuing to rebel because of his belief that he will be caught any way. In handmaid tale ofred like winston is a rebel, but unconnected winston who rebel externaly, she rebels internaly. Ofred is by no means the heroin of the novel, she resist giliads concepts and ideal but does not act in a physyicaky open way on them.On the outside she submitts to gileads rules and her role as a handmaid once her attempt at escape fails. She is hardly a feminist champion she perpetually felt uncomfortable with her mothers activ ism, and her pre-Gilead relationship with Luke began when she became his mistress. Although she is friends with Ofglen, who is a member of the resistance, she never makes the move to join up herself. After she begins her affair with Nick, she seems to lose sight of escape and begins to feels that intent in Gilead is almost bearable.If she does finally escape, it is because of Nick, not because of anything she has phisicaly done herself. Offred is a mostly passive character, good-hearted but complacent. Like her peers, she took for granted the freedoms feminism won and immediately pays the price. Like most of the women in Gilead, she is an ordinary woman placed in an extraordinary situation Another subject or theme which both these dystopian novels share is th esubject of gender. The reprsenttation of male and females especialy in 1984 is very stricking. In 1984 orwell has given women in the novel a very negative light.Winston who can be said to reflect the voice of orwell has extr eamly sexist views towards women. The only women in the novel that can be said to have a more positive oulook is winstons mother. He sees her refined safricial women and constantly reminises about her in the novel. 19984 is a very male dominated novel, there are few females character in it. Julia is the main female charater in the novel, and winstons attidude to her at times is extremly negative he would flog her to death with a rubber truncheon. he would tie to a stake and shoot her full of arrows.he would ravish her and cut her throat at the moment of climax winston applys this vulgar attidude not just to julia but to other female with in the novel her wooden-headed arms reaching up fo the line , her powerful mare like buttocks protruded this qote is where winston observes a prole women hanging out her washing and basicaly canvas her to a horse. Julias purpose in the novel is to serve as the male fantasy, she has sex with winston and is very promiscuous in that she has slept w ith may party men,she brings him forbidden food, she dresses up for him.The critic and feminist beatrix campbell sees the portralel of women in 1984 as very negative- women are akin to the proletarian man in orwells work, they are rendered natural rather than skillful, almost infantile in their unconsciousness rather then alert and organised. I agree with her views, women are cleary given a dismal outlook, and julias character also a very unrealsistic one. The handmaids tale can be said to be a feminist update of 984, this could also be because of the fact that the author is female. The whole tone to the novel is completely different to the cold, dreary, masculine tones of 1984.

Evaluate the Foodservice Operation Essay Example for Free

Evaluate the Foodservice Operation EssayAs time passes by, people were expecting also an improvement in the way cultural mental homes would standardized to show what they got. If you have g champion to a museum once, or other cultural foots, you would probably go backrest some other time due to the inclination in the place and its content. However, an expectation of seeking new experiences would probably be born onto you. Cultural institutions have been making many improvements and developments for the people visiting the place. such(prenominal) improvements and developments are through exhibits, experiences, facilities, amenities, and many more. Together with the improvements is the food service. The fact that people are now becoming aware of the food trends which are probably seen in the television and the styles of serving and cookerys of foods, the need for the improvement of the food service in this cultural institution is a must. Look at this would anyone have much please to go to the cafeteria in basement or in any place in the museum, having an old-fashioned theme, walking in a dark path? individual might lose his/her appetite.Food service operations, such as having cafeterias, food courts and in any other form internal of the cultural institutions, enhance the bliss of the people who visits the place. In access to that, it open fire also produce additional revenue for the institution and made the entire facility a place to go. Imagine, somebody had to walk for a long time to see the cultural institutions have to show. Then the time he/she would be thinking of rest, he/she can thusly go to the cafeteria and have a rest succession recharging his energy through eating.This is how Andy Zakrajsek explains how foodservice operations are important in such cultural institutions. He is the authorized director or retail businesses and the manager of the Brain Food Court together with the other operations regarding foodservice at the Museum o f Science Industry (Levin, 2006). Food serving Mission A place to rest and unwind The main mission of having a food service operation in a cultural institution is to give time for the people visiting their place a time to recharge, say after an 8-hour tiring strolling looking on what the place have to offer .A need for nourishment can be given by these food service facilities. Another thing is to give time for the visitors to sit beside their friends and families, while enjoying the beautiful scene of the place. Through this, visitors then have the opportunity to unwind and take some rest for the next hour/s going back to see more of the exhibits present on the place. To generate additional revenues Not only on the outside or special occasions are give on the play. At the Museum of Science Industry, in that respect are also special events celebrated with which catering services held by the Brain Food Court chthonian Andy Zakrajsek are on the roll.This catering on special even ts was considered to be one of the activities which generate a large amount of revenues. The museum and all other cultural institutions were knowing to have a large area for special events and gathering such as large lobbies, atriums, amphitheaters, etc However, there is also a need for spacious places inside the cultural institutions this is in addition to the accommodations needed for the gathering, but also the need for the foodservice preparations.Considering the costs of the foodservice preparations, having a place inside the cultural institution as the preparation area, will costs lesser than renting a place to takeover or a catering service outside, while earning greater profit. Must oblige to Changes There are also called peak seasons and valley seasons on the museum. The number of visitors may vary from day-to-day or from season-to-season. For example, there can be thousands more of visitors which comes to visit the museum during summer, and by a hundred during winter (Joh ns, 2006).Due to this seasons of change, the foodservice must be changeive to this kind of situation. The foodservice then must be flexible. Since there would be a large number to serve during warmer days, the foodservice operation must also consider the safety, but still must be in efficient manner. And in cold winter days, there must be an operation that shall consider the minimal staffing to lower the expenses. Andy Zakrajsek had thought of this problem and had also key out solution to resolve this problem regarding the peaks and valleys.He said that having equipments and designs of the facilities which are flexible should be the best solution for a cafeteria and other foodservice facilities. The museum had undergone major renovations on their designs to adapt with the changes in numbers of guests that will arrive. Considering the case that occurs during cold winter days with which only a few numbers of guests arrives at the museum. The application of these flexible equipments and facilities can be seen such as shutting down of some of the move allocated for cooking.Doing this will lessen the costs for the amenities, and also to reduce some staffs. The need for an super flexible equipments and facilities is a must in order for the foodservice operations to handle the changes with regards to the numbers of crowds and the changing food trends. To Look Great while being durable The food court and cafeterias are the one responsible for the foodservice operations. Together with other facilities and areas in the museum, the food court and cafeterias must also look really severe as elaborated by Andy Zakrajsek.The museums food courts and cafeterias have been visited by a million and a half of visitors either year, many of them were kids. In addition to the foodservice operations, the manager of the foodservice operations had included in the food courts and cafeterias some carts, strollers and backpacks having buckles (Levin, 2006). This will make it easier for visitors to handle their kids, and for the place to be in control and in stillness. still these additional equipments must also be durable through time. There had been some changes together with the major renovations, on the floors and walls of the food courts and cafeterias.The food court and cafeterias floors were replaced by stain-proof and scratch-proof floorings while still having a nice design. As Andy Zakrajsek explained, they needed an industrial-level of surface materials while still giving an interesting look and designs. Educational draw a bead on One of the major purposes of the cultural institutions was to educate. Foodservice operations also included this purpose on their operations. There is a ledge purposely designed in battlefront of the pizza and grill stations of the museum. This is made so that children can step onto it so that they can see and observe the cooks while working.The window protectors which divide the stations for cooking and the customers are a were made of clear glasses which are in lower position relative to the customers view. This is an intended work so that the visitors can make a better look at the cooking and food preparation. Is it profitable? The manager of the Brain Food Court and the other foodservice operations of the Museum of Science Industry, Andy Zakrajsek, had focused on two things. They made critical and complete evaluations on the foodservice operations. They had evaluated the department for the special events of the museum.The first thing they evaluated are the following how it functions how the food courts, cafeterias and foodservice operations connected to the museum and how will it serve the guests and had also evaluated the quality of the management used and the staffs of the foodservice operation. The second thing they did is reviewing the catering program. The purpose of this is a way easy, the optimization of the income that the museum can earn. After the evaluations and reviews done, they mad e improvement and developments regarding the concerns stated above.The result is that the net income of the museum had increased up to 250% within five years (Greenbaum, 2004). What makes foodservice profitable is that it enhances the cultural institutions boilers suit purpose, having cafeterias and food courts, catering and other special events and foodservices, make the increase in the number of visitors in the museum, this is the main supporting evidence how foodservice operations make the institution more profitable. As stated by the by Andy Zakrajsek, the catering on the special events held at the museum was considered one of the activities which generates a large amount of revenues.Conclusion The impressiveness of the foodservice operations in cultural institution is extremely high. Thus, this implies that the planning about the foodservice operations must be included on the design process of every cultural institution. Summing it up, there is a critical role played by the f oodservice operations in a cultural institution, and planning it up early and having it is one of the measures of success of the institution. Foodservice operations are responsible for the enhancements of the institution, which controls the increases the number of visitors, in which it brings huge revenues to the institution.

Violence On Television Affects Children Negatively Media Essay

Violence On Television Affects Children Negatively Media EssayChildren watch an average of three to 4 hours of television daily. Television disregard be a powerful influence in developing value systems and shaping demeanour. Unfortunately, much of todays television programming is cherry. Hundreds of studies of the do of TV effect on children and teenagers dedicate found that children may, become immune to the horror of force and gradu in ally accept violence as a way to solve problems.Sometimes, watching a single ferocious program can increase aggressiveness into childrens who view shows in which violence is very realistic, frequently repeated or unpunished, ar more likely to simulate what they see. Children with emotional, behavioral, fancying or impulse control problems may be more easily influenced by TV violence. The impact of TV violence may be immediately evident in the childs behavior or may surface years later, and young people can even be affected when the famil y atmosphere shows no tendency toward violence.While TV violence is not the only cause of aggressive or violent behavior, it is clearly a significant factor.Because there is a great deal of violence in both adult and childrens programming, just limiting the number of hours children watch television depart probably reduce the amount of aggression they see. Parents should watch at least one episode of the programs their children watch. That way theyll know what their children are watching and be able-bodied to talk about it with them.When they see a violent incident, parents can discuss with their child what caused the percentage to act in a violent way. They should also institutionalize out that this kind of behavior is not characteristic, not the way adults usually solve their problems. They can ask their children to talk about other ways the character could have reacted, or other nonviolent solutions to the characters problem.Parents can out proper(a) ban any programs that they find too offensive by making sure theyre steal before your child watches them. Also you can restrict their viewing to shows that you life are more beneficial, such as documentaries, educational shows and so on. Its also a good idea to make sure your child has a wide variety of free-time activities in addition to TV, video games, and the Internet. Activities like reading, playing with friends, and sports can all play a vital part in helping your child develop a healthy body and mind.Effects of Media ViolenceThe effect of media violence seems to be a heated debate among queryers and the public as well. According to David Gauntlett, despite many decades of interrogation and hundreds of studies, the connections surrounded by peoples consumption of the mass media and their subsequent behavior have remained persistently elusive. (Gauntlett, 1998). He also states that the media effects explore has quite consistently taken the wrong approach to the mass media, its audiences, and soci ety in general. (Gauntlett, 1998). I agree with this statement, I commend that the environmental and cultural influences have been neglected in the majority of the research done on this topic.In all the research that I have read through, I have found that the researchers involved have many disagreements. I went to the Media Awareness Network website and found an article where Andrea Martinez did a review of all the scientific writing for a Canadian Radio-television and Telecommunications Commission. She concluded that the lack of consensus about media effects reflects three grey areas or constraints contained in the research itself. (Media Awareness Network, Par. 2) The three grey areas are that media violence is saturated to define, researchers disagree over the relationship, and those that agree argue the way that one affects the other. It seems that the effect of media violence is exhausting to research and assay the kind of connection it has with aggressive behavior. In my o pinion, it is hard to prove the relationship because there are too many external factors that gather up to be taken into consideration. Environmental and cultural influences, to me, seem like an important part that needs to be considered and in all the research I have seen it is not. According to Martinez, there is a positive, though weak, relation between exposure to television violence and aggressive behavior.Violence in the media can have diverse effects. I individualisedisedly feel that it differs from each person, but also that it depends on each individuals environmental and cultural influences. According to one website, there are four different psychological effects that can occur from violence in the media, they are Direct, Desensitization, Mean World Syndrome, and Catharsis. In the direct effect individuals who watch a cover of violence on television could attain aggressive behavior or be more favorable towards violence. I feel that the way the media portrays authenti c(p) things is done in a way to purposely affect peoples emotions. There are certain instances where I do feel that the violence being shown in the media can cause anger, but it is in the way it is represented not because of the violence contained in it. In desensitization, the viewer may become less rude(a) to violence occurring and less sensitive to the pain violence can cause. People who live in violent environments or cultures see violence a hand and can become desensitized to violence and therefore would be prone to act precipitously. When living in these environments it becomes more of a learned behavior rather than a reaction to the violence in the media. With Mean World Syndrome, the viewers may begin to view their environment as a violent place. To me, I would think the people that develop this syndrome are sensitive to what they see or are involved in. For someone to honestly believe that the world around them is a violent place and to not see the good that does occur i s extremely hard for me to understand. Catharsis can possibly be a positive effect by actually reducing the aggression. I feel that these effects would have a lot to do with the individual as well as their environment as to how they will be affected. I have noticed though, that most of the research does seem to leave out the environmental and cultural effects. These effects, to me, seem to have a big influence on whether or not there would be a connection between media violence and aggressiveness.The Media Awareness Network had a lot of other articles pertaining to media violence, but the majority of the research had been done with children. One experiment in particular seems to have stuck in my mind because of the age of the children involved. I unfortunately did not print up this article and cannot find it online anymore. From what I recall, they showed a certain group of 2-3 year olds a violent cartoon while screening another group a non-violent cartoon. When they put both grou ps in the same room to play, the toddlers that watched the violent cartoon were more aggressive than the toddlers that did not watch the violent cartoon. Many other researchers however stated that this study wasnt very useful because cartoons are meant for comedic relief. In this study, it makes sense that the toddlers acted aggressively because that is what they had just seen. Toddlers, especially at this age, imitate what they see and hear. Since they were shown violence they acted out what they had seen. I do not think this would be an accurate way to test the effects of media violence or to prove a relationship between media violence and aggressive behavior, I think it showed that an individual would need to reinforce the toddler letting them know that what they see is not what they should do. If someone were to teach them this then they will know when they are older that they should not be violent or aggressive. Young children have heretofore to learn that violence is not the answer, and in a normal setting, the child behaving aggressively would be corrected so they would know that it was the wrong thing to do.In my personal opinion I feel there is no correlation between media violence and aggressive behavior, if there is a correlation I believe it to be a very weak one. Correlational method is defined in our book as, a numerical value that indicates the strength and direction of the relationship between two variables. (Wood, Wood, and Boyd, 2004). Therefore, a correlation would be whether or not there is a relationship and if there is how strong or weak that relationship is. My personal belief is that just because an individual watches a violent movie, plays a violent video game, or listens to violent lyrics, does not mean that person will go out and act more aggressively or act out what they have seen or heard. To me, it seems to be common sense that seeing or auditory sense violent acts or behaviors does not mean someone should copy those behaviors o r acts. I feel that if one were raised with any kind of morals or values, then they would know the residual between right and wrong and that an individual would know that they should not go and perform what they saw or heard. I strongly feel that the way an individual is raised directly affects how things affect that person and if they are raised in a happy non-aggressive environment then they would not act aggressively as a result of the violence in the media. When someone knows right from wrong, I feel that they would know not to act aggressively unless they are in a situation where aggressiveness is warranted. Granted, there are some instances where one would not know these differences. I feel that children of a certain age have not completely learned about morals and values, so they do not know that what they have seen or heard are the wrong things to do. This is why legally, a minor under the age of 14 cannot be held liable for their actions. Minors under 14 have not yet comp letely learned right from wrong and, therefore, cannot aptly make decisions. This is why I dont feel you can use children in any kind of research trying to define the relationship between media violence and aggressive behavior. There are also psychological disorders that could prevent an individual from comprehending the difference between right and wrong. People with very low IQs also may have trouble understanding the differences between right and wrong. Once again, individuals with these types of disorders cannot be held liable for their actions legally because they cannot competently make these decisions. In my opinion, the majority of people that commit these violent acts and then blame it on the media had no one to teach them the differences between right and wrong, or had no one around who cared to teach them these things. Unfortunately, there are also people that blame the media to try and have an excuse to get out of the consequences of their behaviors or actions. I feel th at, in children, it is up to the parents to teach them what is acceptable and what is not, and to teach them that what they see and hear is not always the correct thing to do. I feel that society is blaming media violence for aggressive behavior when, for the most part, the blame should be laid on the individuals who brought up and cared for the individual. It was their responsibility to raise these individuals with the knowledge to know the difference between right and wrong and to know that being aggressive or violent is never the solution.From what I have learned the effect of media violence is hard to measure and it is equally as hard to define if there is a relationship and how strong or weak that relationship is. The research on the effects has yet to yield anything conclusive and each researchers results vary as to whether the relationship between the violence and aggressive behavior is strong or weak. In the end, I maintain my belief that it depends upon the individual and t heir environment and culture as to whether or not there is a relationship and how strong or weak that relationship is.

Company analysis of NUMICO

Company analysis of NUMICONUMICO came into existence in the year 1896 when Mr Martinus van der Hagen secured all(a) rights of a formula for baby milk from cows milk. His operation was based in The Hague in The Netherlands. In 20th century company changed the named to Nutricia withal in the year 1997 when company received the designation Royal then its name changed to NUMICO NV.Recent Past of NUMICOStrategic Corporate Development HistoryFor nearly 5 decades NUMICO worked with corporate strategy of trying to build themselves on only one baby increase with expressage exports. In 1946 company introduced an early(a) merchandise solely in the local food securities industry only. NUMICO for a long quantify move to disclose the new strategy after their first initial success in 19th century. Launching new product was non a brilliant idea though it was a sustainable decision. Usually companies spend millions of dollar instruction the product and this would take some years to recove r.As product development was not enough to grow in multiple folds so company make many learnednesss in different geographies. The result at the end of year 2006 was NUMICOs presence in more than 100 countries with plethora of products to snitch. Products were bifurcated among different divisions ilk clinical nutritional products went under brands such as Nutrison, peptisorb etc. Revenue and profit moulding both increased because of acquisition.Acquisitions smoke get a limited and desired level of success and to keep growing even NUMICO invested heavily in research development. Strategic alliance with industry giants, universities and governing body helped NUMICOs cause. Research development wing of NUMICO attracted the outdo and on a regular basis filed for the patents.NUMICO Acquisition strategy in 1998, 1999 2000To exploit linkages between the organisation and its environment NUMICO adopted medical checkup Platform Marketing. NUMICO moved from super merchandise shelves to practitioners clinics. Now, products for vulnerable people were prescribed by doctors. Expenses on research and development were forcing NUMICO to reach new places to recover the cost. In 1998 one-year field of study NUMICO was a multinational company focusing on the development, production and trades of nutritional medical concepts with a great value assenting.Strategy of NUMICO as per annual report of 1998 mentioned in the case study* by Eppink was as followsThe strategy of NUMICO is foc utilise on specialisation, continuing internationalisation and profitable maturement, partly by acquisitions as wll as by strategic alliances, and safeguarding the postgraduateest quality in all stages of production and services.As per the liftover in 1998, NUMICOs major revenue generating business still was infant food which was sold maximum in Western Europe which was experiencing the major falling alliance rates and an ageing population. After analysing the market NUMICO bought few European companies to expand in profitable areas.In 1999, NUMICO acquired a company bigger than them in terms of production revenue. When NUMICO bought General Nutrition Companies (GNC) of Pittsburgh (USA) it was the largest manufacturer of nutritional product in the world with a stronghold in sports-nutrition market. It was a win-win situation for both the organisations where GNC was gaining from NUMICOs research to conjure their product range NUMICO could gain from the distribution cyberspace of GNC. Press release explained the reason of this acquisition which was to pass the global market dominance.1Acquisition was on the cards for the third year as well when NUMICO snapped go against International Rexall Sundown in 2000. Un wish GNC Enrich was in the business of nutritional supplements personal care products with an in house RD department for product development. again un exchangeable GMC, Enrich was in 10 more countries with a global distribution system.Rexall Sundo wn another US based organisation was acquired by NUMICo. Rexall wish Enrich was a producer of nutritional supplements as well as consumer health products. NUMICO acquired another business which has got nothing to do with their main business engross like GMC.A press release describes the reason of acquisition which was again to get the pole position in the market.2Acquisition of new businesses far from NUMICOs main business made NUMICO its own rival because NUMICO already had the presence in the market. However, Rexall could exploit the European market because of NUMICOs distribution network present in Europe.At this point in time, NUMICO was confused in their apostrophize because two competitors (Enrich Rexall) were working under one roof and serving the same market. Strategist might dupe analysed the more competition less co-operation among the two brands. To make operation smoother and to serve their customers better NUMICO merged the Enrich Rexall in one new dissociate e ntity by the name Unicity.Strategy evaluationFrom day one and for a long period of time NUMICO operated with one product because of which they never realised their authorization as a standalone entity to grow.After not getting desired success till the end of 20th century NUMICO realised alone they sack upnot get the global position in market. At this position, they might take on done PEST analysis to judge the environment affecting them. Even SWOT could be used as a tool to know the strong areas where they can build the future empire.PEST might have shown them that they are not functional in future markets where they can grow faster than their current strong hold markets like Western Europe. PEST can cover issues from demography to social technical changes like declining birth rates to e-commerce. By applying SWOT, one can know that NUMICO eer regarded the RD as an important activity which they wont give up at any cost. Thus, they identified RD was their intensiveness where th ey can build their future.Michael Porters 5 forces theory could have also applied in this case study to know why NUMICO only adopted the acquisition route. As the case study explains NUMICO was operating in such an environment where the small players could have changed the entire game. The threat from subsisting players and new comers was massive moreover small players were taking the competition to all geographies. Hence to enhance the global position in the market NUMICO adopted the acquisition route.Acquiring GMC was a sensible move it was reducing the competition and on the other hand it was enhancing the performance but acquiring Rexall Enrich was not at all a brilliant move. Reason being, it stretches the operational efficiency because NUMICO was not in the same domain with them.*case study (Do the Harvard referencing because I am not aware of the source)1) Just the last line pack referencing from the case study.2) Press release in the case studyCurrent Strategic SituationA cquisitions in a field which was not related with their main business interest left them in a position between the pharmaceutical market and the food market. To avoid the stuck in the middle situation usually organisations adopts the Michael Porters (1998), generic strategies which is as followFigure Competitive advantageSource tutor2u.net(Accessed on 20/03/2011) woo Leadership In this strategy, organisation aims to be the lowest cost producer to gain the maximum share in the market. To achieve this position organisation military campaign the cost down through sourcing the cheapest raw material labour cost. NUMICO was not trying to achieve the cost leadership because case study shows that they were aiming for high margin business. Hence, cost leadership is not NUMICOs domain.Differentiation As the name suggests, in this strategy, organisations aim to be different from their competitors. Differentiation provides a competitive advantage to organisations which helped them to perpetr ation a premium price for their products services. If we look at NUMICO case study we will find that they started with one product due to patents they held the ground for long time. atomic number 53 product was sufficient with a patent to create the differentiation but later they acquired so many organisations which could provide them distribution network penetration in the foreign market.Acquisition which they made was not only in their own domain and at this point they started losing the gained differentiation. From super stores shelves to general practitioner prescription, move was certainly adopted to make a differentiation but due to diversified businesses it confused the distribution points. Differentiation did not pay off well because by 1998 their major revenue generator was still infant formula.Niche strategies Here the organisation function in one specific segment and try their best to become the best provider of products services. To work in this kind of strategy org anisations need to be either cost efficient or different from other players like Rolls Royce in the car market.NUMICOs acquisition exercise took them into various domains but still they tried to call themselves a Medical Platform Marketing. One chopine for medical assistance to those who are vulnerable didnt work well because of plethora of products. However, from NUMICOs perspective they focused on specialisation with profitable growth.STUCK IN THE MIDDLENUMICO got intricate in series of acquisition related unrelated to their main business interest because of which they are facing the stuck in the middle situation. To simplify the situation they tried to bring all the diversified business interests under one roof. Things are still confusing because they wanted to build on nutritional field but due to acquisitions they are working in nutritional supplements fields as well.Moreover, they acquired two competitors (Enrich Rexall) and left them in the field to compete with each other . It took some time to bring both of them under one brand name and by that time both of them did enough damage to each other.Now, NUMICO is stuck between the pharmaceutical market the food market because of their confused approach. Lot of unwise decision made which resulted in head on collusion with giants of pharmacy food business like Novartis Nestle. NUMICO always wanted to sell clinical diet foods but because of their acquisitions they are not focusing on their main stream business. NUMICO bought the US operations not to sell what they were doing before acquisition e.g. vitamins. Rather than turning them into NUMICOs regular business NUMICO started looking after their operations.First an industry expert noticed that NUMICO is facing challenges because they are not performing only in their traditionalistic markets. Company was stuck in the middle because it was facing challenges from giants minnows at the same time. New markets where they were operative due to acquisitions were spacious of small players. In addition to that threat from new entrants was massive. NUMICOs strategy needed a review before they lose the global position.Strategy reviewIn the year 2000, NUMICOs jump on of directors recognised the risks from existing strategy. NUMICO due to acquisition was not paying enough attention to their specie cow i.e. infant products and now strength of NUMICO is making them vulnerable. NUMICO is a European organisation they maintain balance sheet in euro and any PEST affect in USA operation can cause serious problem to their business figures.Operation overseas involves exchange risk as well. Last but not the least even NUMICOs board realised that they are confused in approach.NUMICO was not all stuck in the middle because organisations who face this kind of situation usually subject to a takeover or nuclear fusion reaction. Finally when NUMICOs board realised the drawback associated with the strategy they should take this opportunity to reduce or eliminate the risk.Strategy review due to certain eventsIn the year 2001, after 1 year of realisation, company saw themselves in hot waters due to economic slowdown in the USA. In addition to slowdown, demand for nutrition herbs were plummeting too with an increased competition from low price manufacturers. Its not only NUMICO which was facing the heat but the whole sector was losing the effectiveness.If NUMICO would have done the PESTEL analysis then they could have avoided this slowdown and competition because they never saw this slowdown coming into the picture. It is necessary to explore the competitive environment to develop sustainable competitive advantage.NUMICO response to eventsNUMICOs response to the situation was not at all proactive. NUMICO response was reactive that to after negative growth. CEO was asked to mind the traditional new business but not to take any other big projects. US operations gave back to back management problems to CEO which resulted in his resign ation in May 2002.New CEO bifurcated the operations in three divisions and for the first time they adopted a specific approach to tackle each brand. In other words, NUMICO changed the corporate strategy to unit level strategy to take care of each business. In the year 2002, NUMICO got speculative news from all the quarters of business and to make the situation worse exchange rate of US dollar was changing frequently against euro.Finally, NUMICO announced the sale of Rexall Sundown GNC to focus on high-growth/high-margin businesses of baby food and clinical nutrition. Both the brands increased the performance of its new owner.Strategic Direction for the futureAfter divestment, NUMICO should conceive of about the future. Company can use BCG Matrix to determine what is to be done to remaining product portfolio. NUMICO already dumped the low-growth/low-margin products, so now they can sharpen on long term value creations through developing high-growth/high margin products.Stars of N UMICONUMICOs star was infant product but due to lot of motion picture in low birth rate countries their business was declining at an alarming rate. NUMICO can utilise the some money which they received from divestment to expand in those countries where birth rate is much better than Western countries like India China. For infant products, long ago NUMICO used to command premium price because of RD patents.Cash Cow of NUMICONUMICO should turn their infant product into cash cow by offering cost leadership. After gaining the cost leadership NUMICO can go back to their golden days. To achieve the cost leadership NUMICO doesnt have to invest heavily on supply chain because they have everything which it takes to get the advantage.Dogs of NUMICONUMICO already sold the Dogs from their product portfolio now they should not repeat this mistake by taking over another non-business interest investment.Question marks of NUMICONUMICO should avoid this block by focusing on cash cows star blocks . Imagine a scenario if they dont pay much attention now on finding new markets for infant products then they might end-up in this block because western market has declined in term of birth rate and they already sold the maximum distribution points of GMC Rexall in USA. Hence, they should take actions on pressing basis to avoid question mark.Figure BCG MatrixSource www.tellingthestory.typepad.comAccessed on 20/03/2011BCG matrix can help in understanding the mistakes done in past to fit an all approach strategy for future. BCG matrix is not free from flaws but it certainly explains what to do what not to do.To bring back the growth back into the books of NUMICO they should adopt Ansoff Growth Matrix. As per Lynch (2006), the market options matrix examines the options available to the organisation from a broader strategic perspective than the simple market/product matrix (called in some texts the Ansoff Matrix).Figure Ansoff matrixSource www.cipher-sys.comAccessed on 20/03/2011As pe r Ansoff matrix, NUMICO can go for market penetration. It will be like without disturbing the companys existing range of products or services and perhaps it can attract current customers as well. Things can backfire if market penetration is mean for new customers only. For example, mobile companies offer brilliant price plans to retain the existing customer.Market penetration is smooth when the market is growing. Existing organisations with low relative market share in a booming market have little to lose but NUMICO has high relative share and if they dont attract their current as well as new customers then they might lose whatever they are holding till now.Market development using existing products could be a strategic route but for this approach they should not disturb the existing customer focus. In NUMICOs case, they should take infant products to those countries where birth rate is better than Western Europe and USA. NUMICO can slightly repackage the product then can promote to a new market segment.Product development for the existing market can be possible for NUMICO because they have their own RD centres where they can develop new concepts. NUMICO should do optimum utilisation of their all resources to counter competitive entry. NUMICOs RD centres can help them to maintain the companys stance as innovator.Diversification is not needed according to case study because they have just finished the sale of GMC Rexall. early(a) Strategic OptionsOrganic growth NUMICO should start the change from with-in and build itself from scratch and this time they should stick to the core business.Acquisitions Mergers NUMICO can acquire the rival business or merge with one of its rival from core business market to gain the lost momentum.Strategic Alliances NUMICO can make some strategic alliances with few government bodies in developing countries.Licensing NUMICO can sell their patent license or lease to its competitors to build a business from their intellectual prope rties.RecommendationsNUMICO needs to pursue a growth strategy in a structured way the methods by which the market opportunities associated with strategy options might be achieved. NUMICO should treat their RD outputs as their assets which they can sell in market to claim a tag of future business. Investors like to associate themselves with future markets because they know their money can take them to new avenues with high returns.NUMICO was a leader in RD and infant products but all was lost because of acquisitions in foreign un-related markets products. This time they should build themselves related to their core-strength. For RD, they hired PHD passed-outs but they never presented themselves as a smart organisation which they should focus this time. Current generation would like to associate themselves with smart organisations like Google Apple. NUMICO should aim for future parents who will bribe their products services.Given the amount of analysis that can potentially be unde rtaken, merger with other competitors is highly recommended. Mergers are similar to acquisitions like combining two companies. However, merger can happen in one scenario where both the parties cannot take over each other. This can be a friendly hand but still a special care will be always required. Merger should be sone before identifying the strategic issues.Mergers are never meant to lose the total influence of the company but to gain new markets new customers. None of the evidence suggests till date that merger is a value addition but neither has it suggested any failure when both partners are same in size. Merger might not a big value to NUMICO but it can enhance the performance.Although NUMICO can still grow as a stand alone business but to take their research in right path they need a right partner. Partner especially with same business interest but with more distribution points in desired locations can do wonders for NUMICO.NUMICO always had RD centres but they never capita lised on that asset perhaps a partner can take that advantage or turn it into their competitive advantage.