Retailmax

RetailMax: â€Å"Role for Cam Archer and Regan Kessel† Sabrina Brown Professor Lahargoue Grand Canyon University: LDR-610 March 13, 2013 RetailMax: â€Å"Role for Cam Archer and Regan Kessel† What is RetailMax? RetailMax, Inc. is a young Boston- based company that provides merchandise, optimization software, and assistance with tasks such as; preseason planning inventory management, product pricing, and forecasting customer demands to major retailers. RetailMax was founded in 1984 as a consulting company and transitioned to a software company in 1998.Like many other software companies, RetailMax was forced to downsize in areas that were not directly involved with making or selling software, however since hiring Todd Elman as the new CEO, the company bounced back and were able to hire more than 100 employees to work (2006). Who is Cam Archer? Cam Archer started working at RetailMax within a business development capacity where she managed strategic alliances and partnersh ips after just graduating with her MBA from a leading business school.In the position Cam was in, she has a very good reputation from both internally and by her customers that she is very smart, diligent, and valuable individual (2006). However, after years of being in a sales position Cam decided to start exploring other options at RetailMax where he can stay with the company but change to another position with less or no traveling required. Who is Regan Kessel? Regan is the Vice President of Product Management and Marketing (PMM) for RetailMax, Inc. , Regan has 20 years of experience working in the industry.Regan founded his own retail supply chain software company, which was sold to IBM in 1996. Since then has developed product and marketing strategies for numerous supply chain companies, and recently worked with a Dallas-Based company commuting to Texas from home base to Boston. Todd approached Regan to come aboard with RetailMax and he did accept the offer. Who has the greatest potential power and why? Between Vince Mangini, the Vice President of Professional Services (PS) and Regan Kessel, the Vice President of Product Management and Marketing (PMM), Regan Kessel has the greater potential power.Why? Because if one sit back and take a hard look at what each has to offer Cam, Vince only has to offer more money verses Regan, he has much more to offer Cam. Vince not only offers a good salary, but room for growth if Cam ever decides to move up the ladder. Vince offers less or no traveling which what Cam was originally looking for and her purpose of wanting to find another position. Also, Cam is able to report to Vince directly other than having to report to an individual over her first, then to Vince.In comparing who portrays what type of power, Cam portrays Personal and Expert power which comes from her experiences, skills, and or knowledge. Cam not only gained experience in particular areas, but she became known as leader material in certain areas because o f how effective she was when making sells. Therefore, over time she began to portray having expert power in which can be utilized to get others to help meet certain goals as well. Regan portrays to have Referent Power.Regan does not come off as a person that you can trust, but being that he took the time off to research a fair salary for Cam not only based on her education but her experience as well seems as if he is an individual one can certainly trust and know you are going to be treated fairly. Vince portrays Formal and Coercive Power. Vince knew Cam wanted to obtain a position in which does not require little are no traveling. However, he insisted on making her an offer by using dollar figures. Vince also made smart comments to Cam such as; â€Å"If you try to sit on two chairs at one time, you are going to end up on the floor†.This comment does not allow Cam to make the right decision based on what she feels is best for her; this comment is saying look you know you cann ot do both jobs at one time so you need to hurry up and decide what you want to do for Vince benefit. Did stereotypical gender roles influence either party to proceed in a certain manner? Explain how they did or did not act stereotypically. No, gender roles did not influence either party to proceed in certain manners; it was about who can get Cam and how much she is willing to make to be a part of their organization.Regan wanted Cam because of her success rate in what she did, and knowing that he knew she was looking for a new position and was highly recommend by the CEO he was willing to give her a chance in a new position. Vince wanted Cam because of her success rate as well; however he was willing to offer Cam more money but less stability in which she will still be traveling, and not able to report to him directly, and with no room for growth. What social factors (such as reputation, the prior relationship between the parties, and their mutual ties to others in the organization, including the CEO) affected each person's power?The social factors that affected Regan was when he found out his other colleague Mangini knew that he was going to hire Cam, but then he decided to offer her another position with a higher salary. I know this is business, but that was a little dirty to do. Cam has been with the company for a longtime, therefore she has more of an advantage than others when applying for other positions. This is how she was able to get an offer from Regan being that he knew the CEO and he asked Regan to give him a chance even in this new position. In reading both articles, assumptions were not really made from each side.Basically, what was discussed between them all was pertaining to business choices. Cam had to decide in which direction she wanted to go while Reagan, Mangini, and Todd wait for a finalized decision. Archer should be interested in the Marketing position because it will enable her for room for success, it will give her more time having a social life, and less travel. This position will strengthen her power once she gets the title. With the title will come respect; Kessel should definitely hire Archer being that Archer has reported not only to be a success factor for the company, but her reputation all together speaks by itself.Kessel will do great things if Archer comes on board. If Kessel hires Archer the proven work that Archer has done in the past, individuals will definitely sit back and watch how will do things as a team together. What positive effect might hiring an external applicant instead have on Kessel's power? If Kessel hires someone externally this should not do anything as far as power is concern. It just shows that things happen and we all need to move on. Therefore, if Kessel really want Archer to work for him, he should offer him the highest he can offer him for that position and offer to pay commission. This will even out at the end eventually.Archer should accept the Marking Position being that th is is something that was always planned when it comes to less or no traveling. Archer need to sit down and just take a really look at things. Money is not everything especially y when you are making a good salary already. After considering all of the above, evaluate who used social power most effectively and why. Out of all the individuals mentioned, Mangini showed the most social power. How? Mangini used not only his position, but his salary as well of what he can offer Cam to bribe Cam to work for him. Mangini even said little remarks to Cam to get Cam to come his way.Cam has to realize being in Marketing is where the heart is, and just because Mangini can offer more money, is what you really want to do with no room for growth, reporting to someone else other that Mangini, and still traveling. My mom use to always say, what look good to you is not always good for you. References McGinn, Kathleen L. , and Dina R. Pradel. â€Å"RetailMax: Role for Regan Kessel. † Harvard Busi ness School Exercise 904-025, May 2006. (Revised from original September 2003 version. ) McGinn. , and Witter. â€Å"RetailMax: Role for Cam Archer†. Harvard Business School (2006).

Mastering a Skill

In this paper we shall deal with the skill of listening to people. There is more to listening than merely hearing the expressions people speak out. A great deal goes into listening. It is a compelling and extraordinary entity, an ingenious energy. It is listening, not talking which are a talented and immense responsibility, and the creative job. (Ueland, 1992) Excellent listening ability implies that one who is listening never disrupts when somebody is speaking, carefully listens, and does not give any view. (Lindeberg, 2004)Analysts and other specialists dealing with the subject of interpersonal communications maintain that listening is the art that can build or shatter a bond. Listening is very crucial since, eventually we human beings are built around relationships and at times it is equally imperative to know the person as to what he is trying to convey. (Kline, 1996)True listening produces admiration, affinity and belief among the speaker and the listener. While we are listening , it builds us, propels us to unwind and enlarge. Thoughts really start to develop within us and enliven. People feel cheerful and gratis while they are listened to. Plus the genuine listener is greatly adored, attractive compared to the talker, and the person is greatly efficient, and gets trained more and contributes in a better manner. (Ueland, 1992)Those who are good listeners permit their subjects to talk without inhibition, cautiously recording what the actual matters appear to be. In place of giving their self views, they attempt to delve more into the areas of concern by putting pertinent incisive queries to cheer them to develop on their ideas. In doing so, the speakers often solve problems on their own by elementary inspiration or group thinking methods. (Lindeberg, 2004)Undoubtedly the listeners possess their self thoughts; however they are do not impose their concepts upon others. According to them, the most ideal means to give a solution to societal issues remains for p eople to attempt to appreciate one another. Moreover, the wish to offer an atmosphere in which everybody are able to discover the problems and think of novel concepts and explanations. In this manner, friction is lessened which obstructs constructive change.It has the ability to strengthen people to work in a collaborative manner to look for useful answers which will be the best in the interest of the society in its totality. (Rural southern voices for Peace) It is important for the spouse to listen to one another, your parents, your children, your pals; to people who love you and also the ones who hate you, those who irk you and also your adversaries. It will be like a small marvelous act, and might be a great one indeed. (Ueland, 1992)In business, in particular, employees wishes and react in a better manner to, their superiors who they consider are listening to what they are trying to convey. Moreover, this will raise the productivity and the difficulties will be sorted out in an efficient manner, in case people attempting to provide an answer to issues are cheered to clarify the concerns and begin solving prior to giving of advice starts.Concentrating on listening assists the talker as well as the listener to remain calm and assist them to settle down at the time of handling an emergency or talking about a subject which is high on emotion. (Wilson, 2005) In the opinion of Chief Executive Officers and Chief Operating Officers of companies both big and small, substandard listening is the foremost difficulty in their organizations. Besides, they state that listening is the communication proficiency which is mainly important for achievement. Their suggestion is worthwhile, as a lot of formal researches have yielded the same outcome: Listening is important in office. (Kline, 1996)Understanding to listen to the staff of one’s organization can assist to better the inter relationship within the subordinates and fellow employees, persuading them to stay encou raged and committed to the company and the future. (Lindeberg, 2004) A senior employee who has good listening powers will command better self-confidence and self-image as their working will be better with others. (Wilson, 2005) Majority of the staff at different stages across their profession will sense the necessity to speak to their supervisor regarding some matter running through their mind.There are some brimming with excellent business concepts, some are laid up with sentiments that they are not attended properly, while others have problems with their colleagues, and there are some who desire to alter their career track. Managers who schedule time to sit with their staff regularly and use better listening proficiencies normally command more control of their groups compared to those who do not have such. (Lindeberg, 2004). Better listening results in better remembrance of vital information, leading to lesser communication breaks and less errors. Listening with compassion assists to find out means to render the work atmosphere conducive and beautiful so as to appoint and prevent attrition of high-quality people. (Wilson, 2005)A lot of listeners commit the blunder of not hearing the person who is attempting to speak, such that they are able to give their self views or just hear them talk. The outcome can be cause harm to the self-confidence of the person who is attempting to offer his communications, resulting in the person to feel misinterpreted, overlooked, and insulted by the senior’s apparently absence of regard. (Lindeberg, 2004). In the corporate world, lack of listening to people who are the actual workers a leader not just undermines ingenuity, but also squeezes enthusiasm by lessening the sense of accountability, authority, and value. (Wilson, 2005)To conclude, listening with empathy is required to be specialized and understood. Getting trained to use the listening proficiencies definitely needs one to work hard. Moreover, assuming actually e xpertise consumes a lot of time and following – precisely one’s whole life. However, the endeavor is certainly valuable. It results in more security, increased output, speedier learning and improved relationships.ReferencesKline, John A. (1996) Listening Effectively. Air University Press: Maxwell Air Force Base,Alabama.Lindeberg, Teri. (May 2004) The Benefits of Listening. The Well. No: 2.Rural southern voices for Peace. How It Works. Listening Project: US and International Trainingand Resource Center.   Retrieved January 27, 2007, from http://www.listeningproject.info/how.phpUeland, Brenda. (1992) Strength To Your Sword Arm: Selected Writings by Brenda Ueland.Holy Cowl Press.Wilson, Bruce. (2005) Practical Benefits of Better Listening for Leaders and Teams. Business Listening. Retrieved January 27, 2007, from http://www.businesslistening.com/leadership_listening-skills.php Mastering a Skill Skill, as commonly understood, is the ability that enables a person to do something well. It is acquired and not something that people are naturally endowed with at birth. There are varieties of skills as there are different tasks requiring a wide range of expertise; but if there is only one skill that people should learn and cultivate in life, it is the skill of communication. It is very important that marriage is said to be a failure when there is no open communication between the couple.It has been said also that lack of communication skills render a team leader ineffective in his leadership, and thus weaken the whole team. In the workplace where disputes are common, a good communication – if secured at different sections – can resolve and even prevent misunderstandings. The art of speaking and listening are both crucial in all relationships. Business dealings involve verbal and non-verbal communication. From manner of dressing which makes an initial impression, to t he manipulation of words when introduction and persuasion begin, these are all that communication is involved.Because it is a skill, every person must have the opportunity to acquire, develop and make a thorough improvement on his/her ability to communicate. Everyone starts at a minimum pace, where language and the other parts of this process of interaction are learned slowly and most times, are taken for granted. It is inevitable though that problems or conflicts arise due to the diversity or dissimilarity that people communicate. People learn that there is a need to understand each other – the many ways that make every person different contributing to the difficulty of understanding each other better.This is the raison d'à ªtre, the basis that communication skills must not only be acquired and developed; it essentially must be mastered. People just don’t communicate, they must communicate accurately if possible, and effectively. By this, individuals are adept  in delivering a clear message. Explicit message can still be misunderstood, in as much as there are still many ways of interpreting anything that which is significant to the recipient. To decode a message requires that two people have similar cultures or that they have the same reference from which to decode a message.There are only a few who will not agree that skillful communication is one of the most decisive features in either of a person’s business or personal life. Nevertheless, it more than just an ability to convey a message or letting one be understood. It is an art form; one that is rich and beautiful for any person to aim to master (Roselli, 1996). Specifically, from the moment a child is conceived and growing in the womb, to the time he/she is born and until the remaining breaths that he/she takes, tremendous forms of communication situations beset a human being.This includes: crying when hungry or wet or uncomfortable for a baby, a child admiring another’s to y, being angry when provoked, asking the teacher to repeat the statements she just made, proposing to a girl, instructing and reminding one’s children or bargaining with the kids over curfew or some privileges, making a long distance call, or making negotiations with a superior. These are all identifiable situations that incur more than just the ability to use symbolic language. It must require mastery for every person to circumnavigate every situation in his/her life (Roselli, 1996).Mastery entails understanding and comprehending the basic nuances of an aspect or thing in life. It is a necessity that every person must have the understanding and comprehension of the basics of communication. It implies that the three elements essential to communication or the three skill areas must be possessed by everyone. These are behavior, content and interaction. When a human being imparts his ideas or desires, he/she imparts these through a certain behavior. â€Å"Behavior reflects the physicality of communicating† (Roselli, 1996).It is how one communicates. Content refers to about what one is actually communicating or the words that one says while interaction skills takes â€Å"fully into account who you are communicating with, the flow between you and others, and how skillfully you manage that flow† (Roselli, 1996). When the nuances of communication are scrutinized, people notice that communication is not that simple: it is complex and it exacts something from people. Consequently, it also demands to be mastered.However, though it is an art form, it does not entail that a person must set aside time in a day or week, or physical space in order for a person to fit it into place to develop it into his/her life. There are no paraphernalia or special gadgets required for one to be able to start in its mastery (Roselli, 1996).   Ã¢â‚¬Å"All that is required besides your everyday communication situations are a sincere effort to practice a few skills in ea ch of the three skill areas, some reliable feedback, and most importantly, your sustained attention and awareness,† according to Roselli in his article Mastering the Art of Communication.To become a good and effective communicator, a person needs practice with meaningful feedback. An instructor can help modify the person’s responses appropriate to the situations that are required in various settings. The workplace undergoes overwhelming changes while the family systems are even undergoing the same.This is the reason that knowledge, proficiency, skill in communicating must not only be acquired, this must be developed to a mastery level. This ensures that whatever transformations that are constantly occurring within the life of a person, he/she is equipped to meet these challenges because he/she understands better and can convey and interpret the barrage of messages around him/her better.Reference:Roselli, Peter. 1996. Mastering the Art of Communication. Cor Communication s Llc, Ca. Accessed through http://www.selfgrowth.com/articles/Rosselli1.html

Summary of Pmi Code of Ethics and Professional Conduct

Home-Work #4 SUMMARY for PMI Code of Ethics and Professional Conduct The PMI ‘Code of Ethics and Professional Conduct’ articulates the ideals to which a project manager should aspire and specifically outlines the mandatory behaviors which are essential in a professional as well as a volunteer role. It describes the moral and professional expectations we have of ourselves and fellow colleagues in the project management community. In short, don’t cheat, steal, lie or abuse power! The code of ethics focuses on four core values which should be upheld by the project managers around the globe: responsibility, respect, fairness and honesty.The code clearly defines the scope of each of these values, their aspirational & mandatory standards and outlines a rough framework of the regulations and legal requirements for the same. The code is applicable to all PMI members, non-members who either hold or are in process of acquiring PMI certification or anybody who directly serve s PMI in a volunteer capacity. These values have become the foundation of the code and each of them is discussed at length in a separate section. It emphasizes on exercise of responsibility and on taking ownership of one’s decisions that they either made or failed to make.The code requires the individuals in project management community to show respect to self, others and the resources available and entrusted to them, to apply fairness in decision making and act impartially and objectively and finally practicing honesty in both the communication and the conduct. The aspirational standards identify the moral conduct and general expectations whereas the mandatory standards establish firm requirements which can limit or prohibit a practitioner’s behavior in some cases.Mandatory standards also suggest a disciplinary procedure before PMI’s Ethics Review committee in case of charges of non-compliance by a practitioner. The purpose of this Code is to instill confidence in the project management profession and to help an individual become a better practitioner. The PMI’s envisions that the current version of the code of ethics and professional conduct will serve as a precursor to further deliberation and application of ethics and values in the global project management community.

Research Paper- Analyzing a contract Paper Example | Topics and Well Written Essays - 1000 words

- Analyzing a contract - Research Paper Example This particular contract is being used so as to act as a formal agreement between the tenants or flat mates sharing the house as guidelines on how to meet the costs of staying in the house. The contract is also being used in policies and regulations pertaining to the stay in the house. There are third parties involved in this contract. One of them is the landlord of the flats and house being shared. His or her role is to oversee that the agreements signed by the parties involved are in favor of his flats and houses. The other flat mates not in this agreement may also act as witnesses to the contract in case of breach. This flat or house sharing agreement is governed by the law of tenancy. For example, the law stipulates that the premise belongs to the landlord and he or she reserves the right of acceptance of the tenants. The landlord owes the tenant security and care while staying in his or her premises. However, the tenants cannot sublet the premise unless stated otherwise in the t enancy agreement. The laws indicated in the Residential and Tenancies Act 1986 governs this contract. The laws and regulations governing tenancy applies in this contract fully. The flat or house sharing agreement will observe the Residential and Tenancies Act 1986 since the agreement lies in that act. ... t payable by each party, the bond to be paid to the head tenant and other terms such as; the termination of the agreement, receipt of notice room the landlord, keeping of pets within the premise, expenses of telephone toll, expenses of electricity, food, gas, water and other bills received, removal of any fixtures or chattels from the premises, the fate of the agreement, and what happens in the event of a dispute. These terms applies to all the parties at equal capacity without any discrimination of a party. Any party who breaches any of these terms is treated equally if the other also fails to observe any of the terms. Factors that lead to the termination of the contract are also highlighted in the contract making it a very fair agreement to all the parties involved as well as the third parties. The flat or house sharing agreement is completely integrated on the details that pertain to the nature of such contract. The contract in question has all the parole evidence that may be used to question the issues of the contract. Some of those evidences include the identity details of the parties, the address of the rental property and premise, the terms and conditions governing the sharing of the premise, as well as the parties involved which indicate their commitment to the contract. The third parties such as the landlord shows that the agreement has a parole of evidence and is fully integrated with all the element of a contract such as the informed consent of the parties involved, the witness, the capacity of the parties, the terms are also clearly indicated as well as the personal details of the parties. This contract of the flat or house sharing agreement allows for the assign ability of rights of the parties involved in this case the flat mate and the head tenant. The

Constitutional Court in Europe Essay Example | Topics and Well Written Essays - 5000 words

Constitutional Court in Europe - Essay Example The need for an effective and uniform EC law applying within national legal orders in compliance to a voluntary limitation f sovereignty by Member States is critical to the concept f integration. By considering the fact that supremacy is ultimately perceived throughout national courts to be a monolithic holy concept which bears tremendous implications if removed or limited, the question is then raised as to how Member States receive the 'supreme nature' f Community Law. In attempting to clarify the need for a supreme legal authority for integration, I will examine the supremacy f EC law and state its Treaty position with particular emphasis on significant case-laws that have shaped the supremacy debate. Furthermore, I will observe the Constitutionalization f the Treaty system, looking at the interplay f the doctrine f direct effect and doctrine f supremacy; under what conditions Member States might be provoked to challenge the authority f the ECJ; the expanding competence f the ECJ which now includes a political and judicial interplay f decision-making; and conclude with a look at what the Constitutional Treaty would have signified in terms f legalizing the doctrine f suprem acy and how the rejection has started questioning whether the Community law should be considered above and beyond national laws and if it has gone too far already. The role f the European Court f Justice in developing the legal means for the integration process and constructing a constitution from the Treaty f Rome is a fundamental factor in the eventual expansion f the Community into its form as a Union f soon to be 27 Member States. In order to understand the evolution f the ECJ from its initially idealized form designed by the Member States so that it "could not significantly compromise national sovereignty or national interest", to a judicial organ that entailed national legal organs to acknowledge its supremacy through "significant nonincremental adaptation f Community law, abandoning deeply entrenched, constitutive principles", an insight into the logic behind legal integration needs to be discussed. In respect to the relationship between legal integration and Member States, the neofunctionalist model f integration seeks to explain the role f both supranational and subnational actors and why nation-states accept the eventual infiltration f the Community law into the spheres f their national laws, which demands full jurisdiction and a limitation to their sovereignty. Legal integration, as perceived by the neofunctionalist model, is a two way process in which supranational and subnational actors both seek to further their own interests by respectively accepting and acceding certain rights and obligations in return for long term benefits, in a "'functional domain' shielded from the interplay f direct political interests". By building on this

Management of international business Essay Example | Topics and Well Written Essays - 4000 words

Management of international business - Essay Example Nevertheless, its home country government encourages expansion and the host country business environment is conducive to FDI. The repost that suggests the CHL should enter Belgium through acquisition of majority stake in an existing mobile network operator’s business. Based on the Uppsala Model, once it has gained knowledge and expertise on the local market, CHL can expand its network and make further investments. Table of Contents 1. Introduction 1 2. Belgium 1 3. The European Union 4 4. China Mobile Limited 6 5. Telecom Sector Analysis 9 6. Mode of Entry Analysis 11 7. Conclusion 15 References 16 1. Introduction China Mobile Limited, world’s largest mobile operator, intends expanding overseas into the European markets. It intends to enter the Belgian market which is under the European Union. This report evaluates the telecom sector in Belgium apart from the business environment in Belgium and then suggests the mode of entry. 2. Belgium Belgium has always been a prospe rous market place and is located at the crossroads of Latin, Germanic and Anglo-Saxon influences (Belgian Federal Government, 2011). This is a small country but it has highly competitive industry and service sector, and is well integrated into the globalized world. According to the KOF index Belgium is the most globalized county in the world. The nation also occupies the sixth position on the list of the countries that attract foreign investments, as per the Ernst & Young European Investment Monitor, 2011. 2.1 Political Environment The Belgium state has evolved from a highly centralized structure to a federal system in which many regions have been granted autonomy for many policy areas (Rynck, 2005). Each region is responsible for its own economic development, housing, environment and transport. In Belgium there is no hierarchy between regional and national laws. Political risk in Belgium is very low in Belgium, according to AMB Country Risk Report (2012). 2.2 Economic Environment T he country was affected severely by the recent global recession. Countries that have so far been investing in Belgium are the United States, the United Kingdom, France, Germany and the Netherlands (Belgian Federal Government, 2011). Investments are mostly in sales and marketing sectors followed by industries and the logistics sectors. The business environment in Belgium is conducive to investments as there is no distinction between foreign and domestic companies. There are no restrictions either on foreign investments or income repatriation. In addition, foreign companies, subsidiaries or branches have the same privileges, and enjoy the same incentives as domestic companies while they also have the same legal obligations (UHY, 2011). Because of the locational advantages Belgium has become a highly developed transit and distribution centre for several other countries in the European market. The banking system is under the control of the Belgian National Bank, which is responsible for all monetary and financial operations in the country. Venture capital is also available to young and dynamic entrepreneurs (UHY, 2011). Belgium has a well-developed economy and all the economic sectors are well represented. However, it imports almost all raw materials but exports from the country are primarily comprised of machinery and transport equipment, food products, chemicals and metals. The two main regions in Belgium are Flemish and Walloons but the unemployment pattern in

Forex exam Essay Example | Topics and Well Written Essays - 1500 words

Forex exam - Essay Example (Baillie, R & McMahon, P, 1990). Covered Interest Parity is also known as â€Å"Interest Rate Parity†. This theory is based on the assumption that in an effective market with no transaction cost, the interest difference should be equal to the forward differential. The currency of the country with a lower interest should be at forward premium in term of the currency of the country with the higher interest rate. When this condition is met, the forward mark is said to be at interest parity and equilibrium prevail in the market. Condition for Covered Interest Parity is as follow: The uncovered interest parity propagates that the interest rate differential is equal to the ex-post exchange rate change. Uncovered Interest Parity theory is more difficult to test as because expected exchange rate changes are unobservable, also assumes that there should be no transaction cost, perfect capital flow, equal default risk on foreign and on domestic market. The risk premium should be zero. It is s follow: As all of these theories are based on certain assumption like the market condition has to be perfect, there should be no restriction on free trade, no transaction cost should exist and the investors should be risk neutral. But in the real world, market conditions are not perfect neither free trade is possible. In many countries government imposes certain restriction on import and export of goods for economical welfare of their country. Transaction cost exists in the real world and the investors are not risk neutral; rather the investors are risk averse. So these theories do not hold in the real world. Foreign exchange market has to play a very vital role in the present globalized world. Foreign currency is the life blood which gets exchanged through foreign exchange market. There are many factors which affect the foreign exchange market directly or indirectly and bring efficiency in this market which are as

Security Policy Analysis Essay Example | Topics and Well Written Essays - 250 words - 1

Security Policy Analysis - Essay Example These company’s make earnings from these projects (Luetge & Jauernig, n.d.). As a result, they need to mitigate risks facing the projects as one of the factors that will influence the project. In regard to that, there is a need to identify, examine and regulate the threats that may affect the completion of any project. The company also faces other threats not related to the projects in any manner. These form the institution risks. Most of them will attempt to obstruct the system from achieving its objectives. It involves the organization settling on priorities concerning the efforts made in the institution and the use of resources for optimum achievement. It should span all the mission areas of the company. Assume you are a technical advisor for the Chief Information Officer (CIO) of your organization. The CIO sends you an email communicating that she wants to be briefed on "OMB M-11-11" because the administrator has just added it to the list of priorities for the organization. She has limited knowledge of the policy and needs to know how it will effect the organization, and what we have already accomplished towards meeting the requirements within the system. First, I would report on what OMB-11-11 is (Xceedium.com, 2015). In relation to that, it is a policy that advocates for the implementation of identity verification among persons to facilitate authorization to have access to information systems, networks and facilities in an organization. Next, I will report on the implementation of OMB-11-11. The application will entail a detailed procedure and use of software applications that will make the process simpler such as a Xsuite. The access control mechanism will offer privileges such as keeping track of passwords, access methods that rely on keys both for network and information systems. Through such application software, it is possible to separate authorization and authentication to beef up security especially in highly sensitive areas of

HRM Assignment Example | Topics and Well Written Essays - 750 words - 1

HRM - Assignment Example Human resource managers have various roles in the organizations today. RyanAir’s attitude to its employees is one of no nonsense and no frill approach just like their attitude towards business and customers (Doganis, 2001). The human resource management team in the company is believed to be the major contributor to its survival and success. This is because their work entails ensuring that employees achieve sustainable competitive advantage, and help in meeting equity and efficiency objectives of the organization (Bratton & Gold, 2001).Since they are strategic partners, human resource individual play an important role in the growth and continuity of a business plan and to help in achieving the goals in an airline industry. The HR manager also plays a part in advocacy; the integral role played in this position in the airline industry is to ensure organizational success. Advocacy includes being in charge of how creating a healthy work environment whereby workers (human resources) are motivated, feel happy to contribute to the growth of the industry. Ryanair airline human resource manager has a role in championing change, as it is a critical detail for the betterment of all service industries. HR manager in this case has to apply strategies for change in the air line industry as discussed by Callaway (2007, p. 127). The HR role in performance appraisal allows him to work with other managers to establish performance dimensions and procedures required to ensure accuracy and needs to discuss the appraisal results of employees (Sims, 2002). A further analysis of the HRM purpose in the airline industry revealed that job satisfaction, managing conflicts, motivation, building teams, leadership, change managemen t, managing informal groups of people, human relations, and communication in the organization serve as good purposes for this position (Mullins, 2005) In regard to theoretical models, soft and hard management, I would say that Ryanair thrives in the hard

European court of justice on the free movement of workers Essay

European court of justice on the free movement of workers - Essay Example According to the research findings the 1957 Treaty of Rome established cooperation amongst some six European nations which led to the formation of the European Economic Community, a supranational body meant to enhanced the creation of a common market and promote the rights of citizens of member states. Member states agreed to cede some elements of their sovereignty to the European Commission and in return, acquired some rights and freedoms for their citizens through a common market with several flexibilities in international matters. Amongst the freedoms that the EC Treaty guarantees is the free movement of persons, services and capital under Article 39 of the EC Treaty. Since the European Community was neither a federation nor a nation, the application of the EC Treaty had some challenges which have been modified through a number of treaties that made it more appropriate and practicable in application. This include the Treaty on the Functioning of the European Union. There are some cases that the law of member states interacts in a complex manner with EU Laws. The evolution of the Freedom of Movement in the European Community is steeped in Article 39 of the TFEU which prevents all forms of discrimination against citizens of member states who move to other EU nations The legal preamble is provided by Regulation 1612/68 of the Council which forbids specifies the types of discrimination that must be avoided Other supporting regulations like the Directive 68/360 supports the easy entry of EU nationals into other nations in the Union. European Court of Justice cases have helped to outline major terms in the Laws relating to free movement like 'worker' and 'equal treatment'. This have laid precedence on the core definitions and application of the laws on the Free Movement of Persons in the European Union. Introduction The Free Movement of Persons in member states of the European Community is one of the 'four freedoms' envisaged in the original 1957 Rome Treaty9. The free movement of persons is one of the most fundamental components that are central to the success of the creation and sustenance of a common market10. The laws on the freedom of movement in the European Community allows the settlement and integration of citizens of member states into other member states11. This include the right not to be discriminated against on the grounds of nationality12, the right to seek work and remain a worker in another Member State13, the right to receive and provide services14. These come together to create a framework for the operation of the laws on the freedom of movement of persons across the European Union. Currently, these EU legal standards provide the broad framework that determines the scope and application of the laws on the mobility of labour between member states15. The European Court of Justice has interpreted the standards and frameworks on the EU rules on freedom of movement16. These have created precedents that have restricted the scope of the free movement of persons17. Thus some elements of Article 45 of the TFEU have been tested and ambiguities clarified18. The European Union freedom of rights of movement is guaranteed by Article 45 of TFEU19. It is a convergence point that integrates other legal instruments in the European Union which prevents all forms of discrimination in relation to employment of EU nationals in member nations in relation to remuneration and other conditions of work are abolished20. These laws guarantee EU national’s rights to settle, work and integrate into other member states21. The main limitation of the application of this law is that the freedom of movement and the right to employment does not apply to the public service of any member state22. This is one of the indicators that the law supports a degree of subsidiarity and allows member states to retain some level of autonomy. On the

Industrial Revolution Essay Example for Free

Industrial Revolution Essay The industrial revolution throughout the 19th century that brought forth significant changes the world’s economy, past and present. Technology and science were big reason for the boom in the economy. It was because of the industrial revolution. Industrialization helped pave the way for how Nations are built today. The industrial revolution is the reason for improvements in the middle and lower class, advances in technology, improving economies, and led to the expansion of Imperialism (Stearns, 2010). Industrialization perhaps had the most impact of the economic state of the world and its successes are still seen today. The industrial revolution (between 1750 and 1914) brought upon colossal change; people started to discover faster more efficient ways of producing goods. This growth in production led to new product ideas, new transportation methods, and more factory jobs (Stearns, 2010). Industrialization was built on the idea of capitalism and involved risky investments that proved to have a high return. New businesses forms emerged through expanded joint-stock companies and banks to help mobilize the rising capital. There was also a growth in the population due to the agricultural revolution and urbanization took place (Mokyr, 2007). This was not all good. Sickness and disease was very common due to pollution and poor irrigation/plumbing systems. This was a problem that was solved because of invention during the industrial revolution improving the quality of life and the life expectancy. Science and technology are really the key successes to the industrial revolution. One example of this is the invention of the steam engine by James Watt (Stearns, 2010). This literally changed everything and paved the way for the invention of new equipment. The steam engine was used in boats and factories. The engines in boats allowed for new discoveries of raw material. This was prevalent in Africa where the Europeans could now travel through rivers that were before uncharted. Another example is that the new source of power led to drastic improvements on factories and machines. There was a surplus of goods and improvements on the transportation systems, especially the railroads, took off during the industrial revolution (Mokyr, 2007). This new technology allowed for more entrepreneurs to become inventors. Invention came one after the other that would continually improve the industrial systems, which is still the case today. The industrial revolution was a period of scientific and technological growth. This inspired people to develop new ideas and turn them into inventions. This period of change helped pave the way for the current economy of the world and how it continues to grow. We now have larger manufacturing capabilities, better medical facilities, and a borderless system, in terms of delivery of products. Large cities can also be contributed to the industrial revolution. Urbanization also took off during this period. As a result of the industrial revolution economies flourished. It allowed for resources to be developed faster for sale not only locally but globally. The effects of this period are still relevant today in economics. New scientific breakthroughs and invention are being developed almost every day it seems. The industrial revolution is an important time in history and the effects can still be seen today through industry and education. Without the revolution one can only imagine what economy and the world would be like today. References: Stearns, P. N. (2010). World history in brief, volume 2, major patterns of change and continuity: Since 1450. (7th ed., Vol. 2, pp. 337-416). Upper Saddle River, NJ: Pearson College Div. Mokyr, J. (2007). The european enlightenment, the industrial revolution, and modern economic growth. (Masters thesis)Retrieved from http://faculty.wcas.northwestern.edu/~jmokyr/Florence-Weber.PDF

A Brief Look at the Distribution of Soda Essay Example for Free

A Brief Look at the Distribution of Soda Essay The third element of the marketing mix is place or also called distribution. Distribution is described as the movement of goods and services from the source through the distribution channel, right up to the final consumer and the movement of payment in the opposite direction, right up to the original producer. Distribution is a very significant aspect of the marketing mix; it can decide whether a small business can compete with the big businesses. Distribution takes a major role in the growth stage of the product life cycle due to its ability to not only help sell the product, but to also allow their product to advertise itself. If a company focuses mainly on promotion and never really sets up a good distribution channel, their efforts will be lost due to the lack of ease for a consumer to purchase their product. Even the perfect product, attractively priced and ingeniously promoted, cannot be sold without a means of distributing it to consumers (Russ Kirkpatrick, pg.297). Distribution Channel A distribution channel is the sequence of firms that sell, buy, or hold products as those products move from manufacturers and producers to end buyers (Russ Kirkpatrick, pg.297). Every channel must have at least two members or levels. These levels are the producer or seller, and the user or buyer. There are also two different kinds of members that are known as middlemen, these middlemen are known as retailers and wholesalers. The distribution channel is and will remain a problematic marketing subfunction for most firms because of the built-in conflicts between manufacturer and reseller (Bonoma, pg.49). Manufacturers must work through these different channels to attain diverse markets to reach their ultimate goal; provide their customers with what they want, where they want it, and when they want it. Orange Crush Soda An example would be the soft drink business and how they manage to distribute their product through the different channels so that they are able to distribute in large areas. An enormous consumer goods company, known as Procter and Gamble, decided in 1980 to buy Crush, a soft drink business, with intent to try and compete with Coke, Pepsi, and other large soft drink businesses. Procter and Gamble were famous for being a leader in a great  many product categories because of their marketing powerhouse. P G remained at a serious disadvantage with its big competitors and the difference was distribution. The large soft drink companies had well-established networks of bottlers around the country who mix the products in quantity and distribute them to sellers in their area (Russ Kirkpatrick, pg.296). P G had the capacity to manufacture their soft drinks in large quantities and were able to promote their product well, but lacked the resources to help them distribute their resources arou nd the country. Logistics and Supply-Chain Management Logistics and supply-chain management are part of the distribution strategy. Logistics is the process of coordinating the flow of information, goods, and services among members of the distribution channel (Kurtz, pg.416). Supply-chain management is the control of purchasing, processing, and delivery through which raw materials are transformed into products and made available to final consumers (Kurtz, pg. 416). Manufacturers use these kinds of companies to distribute their product to other parts of the country instead of trying to establish new manufacturing buildings their self. Kane is Able is a logistics company who concentrates on beverage warehousing and logistics. They have 6 warehouses across the United States, which makes it easier for them to distribute across a wide area. KANE works with Coca-Cola to help distribute their product. They use physical distribution to focus on customer satisfaction, inventory control, materials handling, protective packaging, order processing, and warehousing. Well-planned marketing channels and effective logistics and supply-chain management provide ultimate users with convenient ways for obtaining the goods and services they desire (Kurtz, pg. 416). High Costs of Distribution Middlemen are business firms that help the company find customers or make sales to them (Kotler Armstrong, pg.118). Middlemen or resellers make it easier for a company because a soda bottling company can work with a logistics company; such as Kane is Able, who will keep their product in stock, package their product, distribute it around the country, and even promote their product. These services have never been cheap and have actually increased because manufacturers no longer have small, independent  middlemen. Instead they now face large and growing middlemen who have great power to dictate terms or shut the manufacturer out of large markets. Critics charge that there are too many middlemen or that middlemen are inefficient, provide unnecessary or duplicate services, and practice poor management and planning (Kotler Armstrong, pg.520). Consequently, distribution costs are high and consumers end up paying higher prices. Jones Soda Jones Soda is a company who started out in the beverage world as a distributor in western Canada and eventually established itself as a full line beverage manufacturer. Jones was able to utilize its experience and knowledge gained in the distribution industry to create some of its own brands. Jones Soda Co. placed its own coolers in some truly unique venues, such as skate, surf and snowboarding shops, tattoo and piercing parlors, as well as in individual fashion stores and national retail clothing and music stores. Once they were able to execute these means of distribution they began to place their product in convenience and food stores, and eventually in larger chain stores such as Starbucks, Panera Bread, Barnes Noble, Safeway, Target, Cost Plus, Meijers, Winn-Dixies stores, Albertson’s, and 7-Eleven stores. Vertical Marketing Systems Unlike conventional channels, vertical marketing systems are preplanned and centrally managed distribution networks (Russ Kirkpatrick, pg.300). The three different categories of vertical marketing systems are corporate, contractual, and administered systems. Coke and Pepsi are examples of administered vertical marketing systems. Administered systems involve comprehensive merchandising programs that are developed and agreed to by both the manufacturer, or sometimes wholesaler, and the retailer (Russ Kirkpatrick, pg.305). It would be foolish if Coke or Pepsi were to open a store that only sells its product, because it sells best when offered with other products. In an administered system Coke would achieve coordination in the channel through support of other channel members rather than through ownership or contractual agreement. In order for Coke to succeed with an administered system it must be based on mutual respect and understanding. Suppliers recognize the problems, goals, and policies of retailers, while  the retailers respect the manufacturer’s capabilities (Russ Kirkpatrick, pg.305). Conclusion The soda companies that make the most profit are the companies that have a well-established plan for distributing their product. Soda manufacturers must realize that in order to be the best they are going to need help distributing their product. It is a team effort to move a product from a manufacturer, to a retailer, and then to a consumer. There are many different channels available to take in order to reach a consumer, but in the end soda companies will need the help from middlemen in order to compete with big businesses and to become one of the best. References Bonoma, T. V. (1985). The marketing edge. New York, NY: The Free Press. Kotler, P., Armstrong, G. (1987). Marketing: An introduction. Englewood Cliffs, NJ: Prentice-Hall Inc. Kurtz, D. L. (2008). Contemporary marketing. Mason, OH: South-Western Cengage Learning. Russ, A. R., Kirkpatrick, C. A. (1982). Marketing. Canada: Little Brown Company.

Gaussian Elimination Method And Gauss Jordan Method Computer Science Essay

Gaussian Elimination Method And Gauss Jordan Method Computer Science Essay Gaussian Elimination is considered as the workhorse of computational science for the solution of a system of the linear equations. In linear algebra,  Gaussian elimination  is an algorithm for the solving systems of the linear equations, and finding the rank of a matrix, and calculating the inverse of an invertible square matrix. Gaussian elimination is named after the German mathematician and the scientist Carl Friedrich Gauss. The method was invented in Europe independently by  Carl Friedrich Gauss  when developing the  method of least squares  in his 1809 publication  Theory of Motion of Heavenly Bodies. Gauss elimination is an exact method which solves a given system of equation in n unknowns by transforming the coefficient matrix, into an upper triangular matrix and the n solve for the unknowns by back substitution. Solving Method: The process of Gaussian elimination has two parts. The first part (Forward Elimination) reduces a given system to either  triangular  or  echelon form, or results in a  degenerate  equation with no solution, indicating the system has no solution. This is done through the use of elementary. The second step uses  back substitution  to find the solution of the system above. the first part reduces a matrix to  row echelon form  using  elementary row operations  while the second reduces it to  reduced row echelon form, or  row canonical form. Initially, for the given system, write row, the sum of the coefficients in each row, in the (n+2) nd column. Perform the same operation on the elements of this column also. Now in the absence of computational errors, at any stage, the row sum element in (n+2)nd row, will be equal to the sum of the of the elements of the corresponding transformed row. Algorithm for Gaussian Elimination:- Transform the columns of the augmented matrix, one at a time, into triangular echelon form. The column presently being transformed is called the  pivot column. Proceed from left to right, letting the pivot column be the first column, then the second column, etc. and finally the last column before the vertical line. For each pivot column, do the following two steps before moving on to the next pivot column: Locate the diagonal element in the pivot column. This element is called the  pivot. The row containing the pivot is called the  pivot row. Divide every element in the pivot row by the pivot (ie. use E.R.O. #1) to get a new pivot row with a 1 in the pivot position. Get a 0 in each position below the pivot position by subtracting a suitable multiple of the pivot row from each of the rows below it (ie. by using E.R.O. #2). Upon completion of this procedure the augmented matrix will be in triangular echelon form and may be solved by back-substitution. Steps Taken in Gauss Elimination Method: Write the augmented matrix for the system of the linear equations. Use elementary row operations on the augmented matrix [A|b] to the transform of  A  into the upper triangular form. If the zero is locate on the diagonal, switch the rows until a nonzero is in that place. If we are unable to do so, stop; the system has either infinite or has no solutions. Use the back substitution going to find the solution of the problem. Systems Of Linear Equations: Gaussian Elimination:- It is quite hard to solve non-linear systems of equations, while linear systems are quite easy to study. There are numerical techniques which help to approximate nonlinear systems with linear ones in the hope that the solutions of the linear systems are close enough to the solutions of the nonlinear systems.   The equation   a x  +  b y  +  c z  +  d w  =  h Where  a,  b,  c,  d, and  h  are known numbers, while  x,  y,  z, and  w  are unknown numbers, is called a  linear equation. If  h  =0, the linear equation is said to be homogeneous. A  linear system  is a set of linear equations and a  homogeneous linear system  is a set of homogeneous linear equations. Example:  Use Gaussian elimination to solve the system of equations: Solution:  Perform this sequence of E.R.O.s on the augmented matrix. Set the pivot column to column 1. Get a 1 in the diagonal position (underlined): Next, get 0s below the pivot (underlined): Now, let pivot column = second column. First, get a 1 in the diagonal position: Next, get a 0 in the position below the pivot: Now, let pivot column = third column. Get a 1 in the diagonal position: This matrix, which is now in triangular echelon form, represents: It is solved by back-substitution. Substituting  z  = 3 from the third equation into the second equation gives  y  = 5, and substituting  z  = 3 and  y  = 5 into the first equation gives x =  7. Thus the complete solution is: {x  = 7,  y  = 5,  z  = 3}. Gauss Jordan Method Gauss-Jordan Elimination is a variant of Gaussian Elimination. Again, we are transforming the coefficient matrix into another matrix that is much easier to solve, and the system represented by the new augmented matrix has the same solution set as the original system of linear equations. In Gauss-Jordan Elimination, the goal is to transform the coefficient matrix into a diagonal matrix, and the zeros are introduced into the matrix one column at a time. We work to eliminate the elements both above and below the diagonal element of a given column in one pass through the matrix. Solving Method Gauss-Jordan Elimination Steps: Write the augmented matrix for the system of linear equations. Use elementary row operations on the augmented matrix [A|b] to transform  A  into diagonal form. If a zero is located on the diagonal, switch the rows until a nonzero is in that place. If you are unable to do so, stop; the system has either infinite or no solutions. By dividing the diagonal element and the right-hand-side element in each row by the diagonal element in that row, make each diagonal element equal to one. When performing calculations by hand, many individuals choose Gauss-Jordan Elimination over Gaussian Elimination because it avoids the need for back substitution. However, we will show later that Gauss-Jordan elimination involves slightly more work than does Gaussian elimination, and thus it is not the method of choice for solving systems of linear equations on a computer. This method can be used to solve systems of linear equations involving two or more variables. However, the system must be changed to an augmented matrix. -This method can also be used to find the inverse of a 22 matrix or larger matrices, 33, 44 etc. Note: The matrix must be a square matrix in order to find its inverse. An Augmented Matrix is used to solve a system of linear equations. a1 x + b1 y + c1z = d1 a2 x + b2 y + c2 z = d2 a3x + b3 y + c3z = d3 System of Equations Æ’Â   Augmented Matrix Æ’Â   a1 b1 c1 d1 a2 b2 c2 d2 a3 b3 c3 d3 When given a system of equations, to write in augmented matrix form, the coefficients of each variable must be taken and put in a matrix. For example, for the following system: 3x + 2y z = 3 x y + 2z = 4 2x + 3y z = 3 3 2 -1 3 Augmented matrix Æ’Â   1 -1 2 4 2 3 -1 3 There are three different operations known as Elementary Row Operations used when solving or reducing a matrix, using Gauss-Jordan elimination method. 1. Interchanging two rows. 2. Add one row to another row, or multiply one row first and then adding it to another. 3. Multiplying a row by any constant greater than zero. Identity Matrix-is the final result obtained when a matrix is reduced. This matrix consists of ones in the diagonal starting with the first number. -The numbers in the last column are the answers to the system of equations. 1 0 0 3 0 1 0 2 ↠Ãƒ ¢Ã… ½Ã‚ ¯Ãƒ ¢Ã… ½Ã‚ ¯Identity Matrix for a 33 0 0 1 5 1 0 0 0 2 0 1 0 0 6 ↠Ãƒ ¢Ã… ½Ã‚ ¯Ãƒ ¢Ã… ½Ã‚ ¯Identity Matrix for a 44 0 0 1 0 1 0 0 0 1 4 The pattern continues for bigger matrices. Solving a system using Gauss-Jordan The best way to go is to get the ones first in their respective column, and then using that one to get the zeros in that column. It is very important to understand that there is no exact procedure to follow when using the Gauss-Jordan method to solve for a system. 3x + 2y z = 3 x y + 2z = 4 Write as an augmented matrix. 2x + 3y z = 3

Evolution Vs. Creationism Essay -- Environmental Compare Contrast Essa

Evolution vs. Creationism Abstract In the history of science vs. religion there have been no issues more intensely debated than evolution vs. creationism. The issue is passionately debated since the majority of evidence is in favor of evolution, but the creation point of view can never be proved wrong because of religious belief. Human creation breaks down into three simple beliefs; creation theory, naturalistic evolution theory, and theistic evolution theory. The complexities of all three sides create a dilemma for what theory to support among all people, religious and non-religious. Evolution vs. Creationism The theories of human evolution may always cause a heated dispute. Each theory presents its own evidence proving its acceptance, but lacks enough evidence to prove the other theories incorrect. All the theories that attempt to explain human existence fall under the categories of creation theory, naturalistic evolution theory, and the theistic evolution theory. The creation theory explains that a certain God created the humans, and evolution does not exist. The naturalistic evolution theory states that evolution is driven by purely natural forces, and is not controlled by any input from a god, goddess, or multiple deities. The theistic evolution is a mixture of both creation and naturalistic theories. The theistic evolution theory states that god created the world and guides the evolution process (Religious Tolerance, 2004). The information presented in evolution studies must be viewed with an open mind since there is no definite proof or law of evolution. The dilemma boils down to science vs. religion. God has been our creator since beginning of time, but the discoveries of recent science are sudde... ...ive as long as religion. Evolution vs. creationism is in fact science vs. religion, and no theory will ever be unanimously accepted until religion or science is eliminated. Evolution vs. creationism is a controversy that may never be solved. References Steen, Francis. (2001, March 25). Evolutionary Theory. Retrieved November 30, 2004, from <a href="http://cogweb.ucla.edu/ep/Evolution.html">http://cogweb.ucla.edu/ep/Evolution.html</a> Religious Tolerance. (2004). Evolution. Retrieved November 30, 2004, from <a href="http://www.religioustolerance.org/evolutio.htm">http://www.religioustolerance.org/evolutio.htm</a> Stewart, Ian. (2003). How the Species Became. New Science, Vol. 180, Iss. 2416, 32. Monastersky, Richard. (2004). Society Disowns Paper Attacking Darwinism. The Chronicle of Higher Education, Vol. 51, Iss. 5, A.16.

The Russian Tsars Control of the Kazakh Steppe Essay -- Russian Empir

To what extent and in what ways did Russian Tsars control the Kazakh steppe between 1820 and 1890? During political Kazakh khans of three Hordes gave oaths and signed papers of their inclusion to Russian Empire. Although the documents were signed, both sides did not obey them . Empire had not got any actual political power in the beginning of 19th century in Kazakh steppe, and numerous anti-Russian rebellions support this claim. The document of â€Å"Ustav o Sibirskih Kirgizah, 1822† made it possible to gain control of the steppe by creating a system with new approach of ‘divide and rule’. New policy included creating ‘elite’ with developed morals and literacy relying on the nobel families, so called Chinggisids, and land new administration policy. Rebellions, presence of national identity, resistance to settlement of nomads caused difficulties in establishing control in the steppe. However, even though there was some kind of oppositon from nomads, the policy was very successful. Russian empire was in control of the Kazakh steppe after mid-ninetee nth century when steppe officially was divided into separate entities. The Plan of Reorganization (1809) of Tsarist Russia did not take into account differences of central and peripheral parts. Imperial legislative law applied with restrictions and exceptions depending on regions, but general principle was decentralization of the Tsarist Russia by dividing it into several parts and concentration of the administrative units by integrating central and regional agencies. Speranskii’s â€Å"Ustav o Sibirskih Kirgizah, 1822† reform assigned administrative units and positions to create a new bureaucracy . When the position of khan was removed the unity of the nomadic tribes was destabilized. Thus... .... 1 (Jan. - Mar., 2003), pp. 5-33 Levi, S. (1999). India, Russia and the Eighteenth-Century Transformation of the Central Asian Caravan Trade. Journal of the Economic and Social History of the Orient, Vol. 42, No. 4 (1999), pp. 519-548 Malikov, Y. (2005). The Kenesary Kasymov Rebellion (1837–1847): A National-Liberation Movement or â€Å"a Protest of Restoration†? Nationalities Papers, Vol. 33, No. 4 Manz, B. F. (1987). Central Asian Uprisings in the Nineteenth Century: Ferghana under the Russians. The Russian Review, vol. 46, 1987, pp. 267-281 Martin, V. (2010). Kazakh Chinggisids, land and political power in the nineteenth century: a case study of Syrymbet. Central Asian Survey, 29:1, 79-102 Sbornik dokumentov. (1996). Natsional’no-osvoboditel’naia bor’ba Kazakhskogo naroda pod predvoditel’stvom Kenesary Kasymova (Sbornk dokumentov). Almaty, 1996, p. 39, 121-122

Does Dickens create a rrealistic figure in the character of Scrooge? :: English Literature

Does Dickens create a rrealistic figure in the character of Scrooge? A Christmas Carol When people read or watch a ghost story, they have certain expectations of it. People would usually expect the story to be scary, have an eerie feel, and have appropriate, creepy settings such as a graveyard or derelict house. Most ghost stories use darkness to create the right atmosphere. There is usually a wide range of characters such as a hero/heroin, a damsel in distress or someone in danger, a victim, horrible and creepy characters that maybe outcasts and most obviously a ghost. People expect the story to have a scary opening, that draws them in into the story making them want to read on, but that doesn't give anything away. The opening often gives some background information on the characters. There is quite often a murder or disappearance to be investigated. Most ghost stories have a closed ending where the mystery is solved or the ghost is disposed of. Fear, suspense and foreshadowing are important features in the plot of a ghost story. All of these factors usually crop up in a typical ghost story. Older ghost stories tend to be text based where as newer ones can be found in other media, such as films. Many films and television series of ghost stories have been produced. The more recent ones tend to drift away from the criteria of a typical ghost story by combining with other genres; where as the older stories seem to follow the expected features of a ghost story much more closely. The more modern ghost story films have mixed with the horror genre because it adds to the atmosphere of the story and makes it scarier. Ghost story films and TV programmers usually drift away from the typical ghost story line because they don't stick just to the ghost story genre; they tend to mix in other genre such as romance, murder mystery and especially horror! This is because the aspect of horror in the ghost story creates a scarier atmosphere that keeps the viewer interested. Films and TV mix other genres such as romance and mystery to keep the viewer interested and to make the storyline different, unique, so it's not similar to other films and programmers. It also enables the ghost story to have a twist in the storyline making it much less predictable there for drawing the viewer into the story and making them want to keep watching. Some examples of these are 'What lies beneath' and 'The Sixth Sense'. Both these ghost stories have a major twist in the plot very near the end and both keep the viewer in

Product Life Cycle Essay

INTERNATIONAL PRODUCT LIFE CYCLE The international product life cycle is a theoretical model describing how an industry evolves over time and across national borders. This theory also charts the development of a company’s marketing program when competing on both domestic and foreign fronts. International product life cycle concepts combine economic principles, such as market development and economies of scale, with product life cycle marketing and other standard business models. The four primary elements of the international product life cycle theory are: the structure of the demand for the product, manufacturing, international competition and marketing strategy, and the marketing strategy of the company that invented or innovated the product. These elements are categorized depending on the product’s stage in the traditional product life cycle. Introduction, growth, maturity, and decline are the stages of the basic product life cycle. During the introduction stage, the product is new and not completely understood by most consumers. Customers that do understand the product may be willing to pay a higher price for a cutting-edge good or service. Production is dependent on skilled laborers producing in short runs with rapidly changing manufacturing methods. The innovator markets mostly domestically, occasionally branching out to sell the product to consumers in other developed countries. International competition is usually nonexistent during the introduction stage, but during the growth stage competitors in developed markets begin to copy the product and sell domestically. These competitors may also branch out and begin exporting, often starting with the county that initially innovated the product. The growth stage is also marked by an emerging product standard based on mass production. Price wars often begin as the innovator breaks into an increasing amount of developed countries, introducing the product to new and untapped markets. At some point, the product enters the maturity stage of the international product life cycle and even the global marketplace becomes saturated, meaning that almost everyone who would buy the product has bought it, either from the innovating company or one of its competitors. Businesses compete for the rema ining consumers through lowered prices and advanced product features. Production is stable, with a focus on cost-cutting manufacturing methods, so that lowered prices may be passed on to value-conscious consumers. Product innovators must guard both foreign  and domestic markets from international competition, while finally breaking into riskier developing markets in search of new customers. When the product reaches the decline stage, the innovators may move production into these developing countries in an effort to boost sales and keep costs low. During decline, the product may become obsolete in most developed countries, or the price is driven so low that the market becomes close to 100% saturated.

12 Table of Roman Law Essay

As advanced civilizations developed throughout the world, a common trend was observed regardless of time and location. That trend was the development of a law and government. Each civilization developed some form of law, the Babylonians had Hammurabi’s Code, the Hebrew had Mosaic Law, and the Greeks had the Draconian Law. Although these were all great forms of law, one of the most important advances in legal history was the Romans and their development of the 12 Tables of Roman Law. The 12 tables of Roman law reflect the social structure, government, and moral values of the Roman Empire. The 12 tables of Roman law provide an ample amount of evidence to support the idea that the Romans had a distinct social structure. When one analyzes the 12 tables of Roman law it is clear that the romans perceived women, slaves and even children to be inferior beings, which meant they were at the bottom of the social hierarchy. Table 5 Law 1 is one example of how the women were socially viewed in Roman society. Table 5 Law 1 states â€Å"Females should remain in guardianship even when they have attained their majority†. 1 This meant all females immediately had to transfer from the guardianship of their fathers to the guardianship of their husbands. By the same token, women also did not have any control over the wealth or land that the family owned, which makes it evident that they were not trusted or respected as independently acting individual or as equals with the males of society. Additionally, women had no control over the fate of her children. This is made evident based off the information given in Table 4 Law 1 where it states, â€Å"A dreadfully deformed child shall be quickly killed.† 2 The law does not set a clear standard as to what is considered a deformity therefore, the decision was always left up to the male to decide if a child should be killed or not. The ideals and moral values of the Romans also can be found in the examination of the 12 tables of the Roman law. The romans were a very ruthless civilization. This ruthless mindset is most evident in Table 4 Law 1 where it states â€Å"A dreadfully deformed child shall be quickly killed†3 The romans believed that once a young boy reached adulthood, it was his duty to serve in the military. Therefore, if a boy was born with deformities or not perceived as strong enough to become a solider he was killed. Another ideal or moral value that is evident in the 12 tables of Roman law is the belief of honoring your word and repaying debts. Several of  the roman laws address the summoning of one to court. Table 1 Law 2 states â€Å"if he shrinks or runs away let the summoner lay hands on him†4. This law gave the summoner the authority to physically punish the summoned if he decided to run or hide when called to come to court. From this law and others like it in Table 1, it can be implied that the Roman civilization valued integrity and honesty. The establishment of a strong government is also evident from the 12 Tables of Roman law. The Law of the Twelve Tables was the ancient legislation that stood at the foundation of Roman law. Although the 12 tables of Roman law were not perfect, due to its early time of creation, they still needed a strong central government to enforce this legislation. The many laws about landownership in the Tables also make it very apparent that the government was greatly influenced by the opinions of local wealthy landowners. This means that the early Roman government was most likely an Oligarchy. Since they were an Oligarchy the parliament and landowners met together to make important decisions for the Roman Empire. In conclusion, the 12 table of Roman law had a great effect on the social structure, government, and moral values of the Roman Empire. The impact that these 12 Tables have had on future legislations and the Roman Empire is profound.

Part Three Chapter VIII

VIII The move to Pagford had been the worst thing that had ever happened to Gaia Bawden. Excepting occasional visits to her father in Reading, London was all that she had ever known. So incredulous had Gaia been, when Kay had first said that she wanted to move to a tiny West Country town, that it had been weeks before she took the threat seriously. She had thought it one of Kay's mad ideas, like the two chickens she had bought for their tiny back garden in Hackney (killed by a fox a week after purchase), or deciding to ruin half their saucepans and permanently scar her own hand by making marmalade, when she hardly ever cooked. Wrenched from friends she had had since primary school, from the house she had known since she was eight, from weekends that were, increasingly, about every kind of urban fun, Gaia had been plunged, over her pleas, threats and protests, into a life she had never dreamed existed. Cobbled streets and no shops open past six o'clock, a communal life that seemed to revolve around the church, and where you could often hear birdsong and nothing else: Gaia felt as though she had fallen through a portal into a land lost in time. She and Kay had clung tightly to each other all Gaia's life (for her father had never lived with them, and Kay's two successive relationships had never been formalized), bickering, condoling and growing steadily more like flat-mates with the passing years. Now, though, Gaia saw nothing but an enemy when she looked across the kitchen table. Her only ambition was to return to London, by any means possible, and to make Kay as unhappy as she could, in revenge. She could not decide whether it would punish Kay more to fail all her GCSEs, or to pass them, and try and get her father to agree to house her, while she attended a sixth-form college in London. In the meantime, she had to exist in alien territory, where her looks and her accent, once instant passports to the most select social circles, had become foreign currency. Gaia had no desire to become one of the popular students at Winterdown: she thought they were embarrassing, with their West Country accents and their pathetic ideas of what constituted entertainment. Her determined pursuit of Sukhvinder Jawanda was, in part, a way of showing the in-crowd that she found them laughable, and partly because she was in a mood to feel kinship with anybody who seemed to have outsider status. The fact that Sukhvinder had agreed to join Gaia as a waitress had moved their friendship to a different level. In their next period of double biology, Gaia unbent as she had never done before, and Sukhvinder glimpsed, at last, part of the mysterious reason why this beautiful, cool newcomer had selected her as a friend. Adjusting the focus on their shared microscope, Gaia muttered, ‘It's so frigging white here, isn't it?' Sukhvinder heard herself saying ‘yeah' before she had fully considered the question. Gaia was still talking, but Sukhvinder was only half listening. ‘So frigging white.' She supposed that it was. At St Thomas's, she had been made to get up, the only brown person in the class, and talk about the Sikh religion. She had stood obediently at the front of the class and told the story of the Sikh religion's founder Guru Nanak, who disappeared into a river, and was believed drowned, but re-emerged after three days underwater to announce: ‘There is no Hindu, there is no Moslem.' The other children had sniggered at the idea of anyone surviving underwater for three days. Sukhvinder had not had the courage to point out that Jesus had died and then come back to life. She had cut the story of Guru Nanak short, desperate to get back to her seat. She had only ever visited a gurdwara a handful of times in her life; there was none in Pagford, and the one in Yarvil was tiny and dominated, according to her parents, by Chamars, a different caste from their own. Sukhvinder did not even know why that mattered, because she knew that Guru Nanak explicitly forbade caste distinctions. It was all very confusing, and she continued to enjoy Easter eggs and decorating the Christmas tree, and found the books that Parminder pressed upon her children, explaining the lives of the gurus and the tenets of Khalsa, extremely difficult to read. ‘Because my mother wanted to be near her twat of a boyfriend,' muttered Gaia. ‘Gavin Hughes, d'you know him?' Sukhvinder shook her head. ‘You've probably heard them shagging,' said Gaia. ‘The whole street hears when they're at it. Just keep your windows open some night.' Sukhvinder tried not to look shocked, but the idea of overhearing her parents, her married parents, having sex was quite bad enough. Gaia herself was flushed; not, Sukhvinder thought, with embarrassment but with anger. ‘He's going to ditch her. She's so deluded. He can't wait to leave after they've done it.' Sukhvinder would never have talked about her mother like this, and nor would the Fairbrother twins (still, in theory, her best friends). Niamh and Siobhan were working together at a microscope not far away. Since their father had died, they seemed to have closed in on themselves, choosing each other's company, drifting away from Sukhvinder. Andrew Price was staring almost constantly at Gaia through a gap in the white faces all around them. Sukhvinder, who had noticed this, thought that Gaia had not, but she was wrong. Gaia was simply not bothering to stare back or preen herself, because she was used to boys staring at her; it had been happening since she was twelve. Two boys in the lower sixth kept turning up in the corridors as she moved between classes, far more often than the law of averages would seem to dictate, and both were better-looking than Andrew. However, none of them could compare to the boy to whom Gaia had lost her virginity shortly before moving to Pagford. Gaia could hardly bear that Marco de Luca was still physically alive in the universe, and separated from her by a hundred and thirty-two miles of aching, useless space. ‘He's eighteen,' she told Sukhvinder. ‘He's half Italian. He plays football really well. He's supposed to be getting a try-out for Arsenal's youth squad.' Gaia had had sex with Marco four times before leaving Hackney, each time stealing condoms out of Kay's bedside table. She had half wanted Kay to know to what lengths she was driven, to brand herself on Marco's memory because she was being forced to leave him. Sukhvinder listened, fascinated, but not admitting to Gaia that she had already seen Marco on her new friend's Facebook page. There was nobody like that in the whole of Winterdown: he looked like Johnny Depp. Gaia slumped against the desk, playing absent-mindedly with the focus on the microscope, and across the room Andrew Price continued to stare at Gaia whenever he thought Fats would not notice. ‘Maybe he'll be faithful. Sherelle's having a party on Saturday night. She's invited him. She's sworn she won't let him get up to anything. But shit, I wish †¦' She stared at the desk with her flecked eyes out of focus and Sukhvinder watched her humbly, marvelling at her good looks, lost in admiration for her life. The idea of having another world where you belonged completely, where you had a footballer boyfriend and a gang of cool, devoted friends, seemed to her, even if you had been forcibly removed from it all, an awe-inspiring and enviable state of affairs. They walked together to the shops at lunchtime, something Sukhvinder almost never did; she and the Fairbrother twins usually ate in the canteen. As they hung about on the pavement outside the newsagent's where they had bought sandwiches, they heard words uttered in a piercing scream. ‘Your fucking mum killed my Nan!' All the Winterdown students clustered by the newsagent's looked around for the source of the shouting, puzzled, and Sukhvinder imitated them, as confused as everyone else. Then she spotted Krystal Weedon, who was standing on the other side of the road, pointing a stubby finger like a gun. She had four other girls with her, all of them strung along the pavement in a line, held back by the traffic. ‘Your fucking mum killed my Nan! She's gonna get fucking done and so are you!' Sukhvinder's stomach seemed to melt clean away. People were staring at her. A couple of third-year girls scuttled out of sight. Sukhvinder sensed the bystanders nearby transforming into a watchful, eager pack. Krystal and her gang were dancing on tiptoes, waiting for a break in the cars. ‘What's she talking about?' Gaia asked Sukhvinder, whose mouth was so dry that she could not reply. There was no point in running. She would never make it. Leanne Carter was the fastest girl in their year. All that seemed to move in the world were the passing cars, giving her a few final seconds of safety. And then Jaswant appeared, accompanied by several sixth-year boys. ‘All right, Jolly?' she said. ‘What's up?' Jaswant had not heard Krystal; it was mere luck that she had drifted this way with her entourage. Over the road, Krystal and her friends had gone into a huddle. ‘Nothing much,' said Sukhvinder, dizzy with relief at her temporary reprieve. She could not tell Jaz what was happening in front of the boys. Two of them were nearly six feet tall. All were staring at Gaia. Jaz and her friends moved towards the newsagent's door, and Sukhvinder, with an urgent look at Gaia, followed them. She and Gaia watched through the window as Krystal and her gang moved on, glancing back every few steps. ‘What was that about?' Gaia asked. ‘Her great-gran was my mum's patient, and she died,' said Sukhvinder. She wanted to cry so much that the muscles in her throat were painful. ‘Silly bitch,' said Gaia. But Sukhvinder's suppressed sobs were born not only from the shaky aftermath of fear. She had liked Krystal very much, and she knew that Krystal had liked her too. All those afternoons on the canal, all those journeys in the minibus; she knew the anatomy of Krystal's back and shoulders better than she knew her own. They returned to school with Jaswant and her friends. The best-looking of the boys struck up a conversation with Gaia. By the time they had turned in at the gates, he was teasing her about her London accent. Sukhvinder could not see Krystal anywhere, but she spotted Fats Wall at a distance, loping along with Andrew Price. She would have known his shape and his walk anywhere, the way something primal inside you helped you recognize a spider moving across a shadowy floor. Wave upon wave of nausea rippled through her as she approached the school building. There would be two of them from now on: Fats and Krystal together. Everyone knew that they were seeing each other. And into Sukhvinder's mind dropped a vividly coloured picture of herself bleeding on the floor, and Krystal and her gang kicking her, and Fats Wall watching, laughing. ‘Need the loo,' she told Gaia. ‘Meet you up there.' She dived into the first girls' bathroom they passed, locked herself in a cubicle and sat down on the closed seat. If she could have died †¦ if she could have disappeared for ever †¦ but the solid surface of things refused to dissolve around her, and her body, her hateful hermaphrodite's body, continued, in its stubborn, lumpen way, to live †¦ She heard the bell for the start of afternoon lessons, jumped up and hurried out of the bathroom. Queues were forming along the corridor. She turned her back on all of them and marched out of the building. Other people truanted. Krystal did it and so did Fats Wall. If she could only get away and stay away this afternoon, she might be able to think of something to protect her before she had to go back in. Or she could walk in front of a car. She imagined it slamming into her body and her bones shattering. How quickly would she die, broken in the road? She still preferred the thought of drowning, of cool clean water putting her to sleep for ever: a sleep without dreams †¦ ‘Sukhvinder? Sukhvinder!' Her stomach turned over. Tessa Wall was hurrying towards her across the car park. For one mad moment Sukhvinder considered running, but then the futility of it overwhelmed her, and she stood waiting for Tessa to reach her, hating her, with her stupid plain face and her evil son. ‘Sukhvinder, what are you doing? Where are you going?' She could not even think of a lie. With a hopeless gesture of her shoulders, she surrendered. Tessa had no appointments until three. She ought to have taken Sukhvinder to the office and reported her attempted flight; instead, she took Sukhvinder upstairs to the guidance room, with its Nepalese wall-hanging and the posters for ChildLine. Sukhvinder had never been there before. Tessa spoke, and left inviting little pauses, then spoke again, and Sukhvinder sat with sweaty palms, her gaze fixed on her shoes. Tessa knew her mother – Tessa would tell Parminder that she had tried to truant – but if she explained why? Would Tessa, could Tessa, intercede? Not with her son; she could not control Fats, that was common knowledge. But with Krystal? Krystal came to guidance †¦ How bad would the beating be, if she told? But there would be a beating even if she did not tell. Krystal had been ready to set her whole gang on her †¦ ‘†¦ anything happened, Sukhvinder?' She nodded. Tessa said encouragingly, ‘Can you tell me what it was?' So Sukhvinder told. She was sure she could read, in the minute contraction of Tessa's brow as she listened, something other than sympathy for herself. Perhaps Tessa was thinking about how Parminder might react to the news that her treatment of Mrs Catherine Weedon was being screamed about in the street. Sukhvinder had not forgotten to worry about that as she had sat in the bathroom cubicle, wishing for death. Or perhaps Tessa's look of unease was reluctance to tackle Krystal Weedon; doubtless Krystal was her favourite too, as she had been Mr Fairbrother's. A fierce, stinging sense of injustice burst through Sukhvinder's misery, her fear and her self-loathing; it swept aside that tangle of worries and terrors that encased her daily; she thought of Krystal and her mates, waiting to charge; she thought of Fats, whispering poisonous words from behind her in every maths lesson, and of the message that she had wiped off her Facebook page the previous evening: Les-bian-ism n. Sexual orientation of women to women. Also called Sapphism. A native or inhabitant of Lesbos. ‘I don't know how she knows,' said Sukhvinder, with the blood thrumming in her ears. ‘Knows †¦?' asked Tessa, her expression still troubled. ‘That there's been a complaint about Mum and her great-gran. Krystal and her mum don't talk to the rest of the family. Maybe,' said Sukhvinder, ‘Fats told her?' ‘Fats?' Tessa repeated uncomprehendingly. ‘You know, because they're seeing each other,' said Sukhvinder. ‘Him and Krystal? Going out together? So maybe he told her.' It gave her some bitter satisfaction to see every vestige of professional calm drain from Tessa's face.

Plot Summary for What Makes Sammy Run – Budd Schulberg

What makes Sammy Run? – Budd Schulberg Plot summary: Told in first person narrative by Al Manheim, drama critic of The New York Record, this is the tale of Sammy Glick, a young uneducated boy who rises from copy boy to the top of the screenwriting profession in 1930s Hollywood by backstabbingothers. Manheim recalls how he first met the 16-year-old Sammy Glick when Sammy was working as a copy boy at Manheim's newspaper. Both awed and disturbed by Sammy's aggressive personality, Manheim becomes Sammy's primary observer, mentor and, as Sammy asserts numerous times, his best friend.Tasked with taking Manheim's column down to the printing room, one day Glick rewrites Manheim's column, impressing the managing editor and gaining a column of his own. Later he steals a piece by an aspiring young writer, Julian Blumberg, sending it under his own name to the famous Hollywood talent agent Myron Selznick. Glick sells the piece, â€Å"Girl Steals Boy†, for $10,000 and leaves the pape r to go to work in Hollywood, leaving behind his girlfriend, Rosalie Goldbaum. When the film of Girl Steals Boy opens, Sammy is credited for â€Å"original screenplay† and Blumberg is not acknowledged.Glick rises to the top in Hollywood over the succeeding years, paying Blumberg a small salary under the table to be his ghost writer. He even manages to have â€Å"his† stageplay Live Wire performed at the Hollywood Playhouse, although the script is actually a case of plagiarism, The Front Page in flimsy disguise; strangely enough, no one except Manheim seems to notice. Sammy's bluffing also includes talking about books he has never read. Manheim, whose ambitions are much more modest, is both fascinated and disgusted by the figure of Sammy Glick, and Manheim carefully chronicles his rise.In Hollywood, Manheim is disheartened to learn that Catherine â€Å"Kit† Sargent, a novelist and screenwriter he greatly admires, has fallen for Sammy's charms. Although Manheim is quite open about his feelings for Kit, she makes it clear that it is Sammy she prefers, especially in bed. When she met Sammy, she tells Manheim, she had â€Å"this crazy desire to know what it felt like to have all that driving ambition and frenzy and violence inside me. † Manheim also describes the Hollywood system in detail, as a money machine oppressive to talented writers.The bosses prefer to have carte blanche when dealing with their writers, ranging from having them work on a week-to-week basis to giving them a seven-year contract. In the film industry, Manheim remarks at one point in the novel, it is the rule rather than the exception that â€Å"convictions are for sale,† with people double-crossing each other whenever the slightest chance presents itself to them. Hollywood, he notices, regularly and efficiently turns out three products: moving pictures, ambition, and fear.Manheim becomes an eyewitness to the birth of what was to become the Writers Guild, an o rganization created to protect the interests of the screenwriters. After one of the studio's periodic reshufflings, Manheim finds himself out of work and goes back to New York. There, still preoccupied with Sammy Glick's rise to stardom, he investigates Sammy's past. He comes to understand, at least to some degree, â€Å"the machinery that turns out Sammy Glicks† and â€Å"the anarchy of the poor†.Manheim realizes that Sammy grew up in the â€Å"dog-eat-dog world† of New York's Lower East Side (Rivington Street), much like the more sophisticated dog-eat-dog world of Hollywood. The one connection between Sammy's childhood days and his present position seems to be Sheik, someone who went to school with him and regularly beat him up. Now Sheik is working as Glick's personal servant (or almost slave)—possibly some kind of belated act of revenge on Sammy's part, or the â€Å"victim's triumph†. When Manheim returns to Hollywood he becomes one of Glick's writers.There he realizes that there is also a small minority of honorable men working in pictures, especially producer Sidney Fineman, Glick's boss. Manheim teams up with Kit Sargent to write several films for Glick, who has successfully switched to production and moved into a gigantic manor in Beverly Hills. Fineman's position becomes compromised by a string of flops, and Manheim attempts to convince Harrington, a Wall Street banker representing the film company's financiers, that Fineman is still the right man for the job. This is the moment when Glick sees his chance to get rid of Fineman altogether and take his place.At a reception, Glick meets Laurette, Harrington's daughter; he immediately and genuinely falls in love with this â€Å"golden girl,† discarding his girlfriend. He feels that he is about to kill two birds with one stone by uniting his personal ambition and his love life. Fineman, only 56, dies soon after losing his job to Sammy—of a broken heart, it i s rumoured. Sammy's wedding is described by Manheim as â€Å"a marriage-to-end-all-marriages† staged in the beautiful setting of Sammy's estate. Manheim and Kit Sargent, who have finally decided to get married, slip away early to be by themselves.Sammy discovers Laurette making love in the guest room to Carter Judd, an actor Sammy has just hired. Laurette is not repentant: She coldbloodedly admits that she considers their marriage to be purely a business affair. Sammy calls Manheim and asks him to come over to his place immediately. Once there, Manheim for the first time witnesses a self-conscious, desperate, and suffering Sammy Glick who cannot stand being alone in his big house. In the end, Sammy orders Sheik to get him a prostitute, while Manheim drives home.

A Analyzing Of Cash Budgets And Hoe Its Used To Make Decisions Finance Essay

A Analyzing Of Cash Budgets And Hoe Its Used To Make Decisions Finance Essay Regardless of the type of business, the ability to gauge performance using budgeting is a matter of life and death in the business world. Hence, to make decisions on the organization most managers use the cash budget, which forecast cash inflows and outflows. Moving from organizations budgeting systems, then comes another important element for products, the unit cost. Adding up, unit cost relates resources consumed to outputs produced to help managers to make better management and resource allocation decisions. Moreover, looking at pricing, it is the most important decision that is made in an organization upon its products and services. Never the less, there are many approaches to pricing, some scientific, some not. Yet, all the methods are been used by organizations managements to become the market leader by taking the righteous pricing decisions. Besides pricing decisions, one of the most important long-term decisions for any business relates to investment. Investment is the purch ase or creation of assets with the objective of making gains in the future. This is discussed further in the body of the report. Last but not the least, records that provide an indication of a company’s assets and debts, are well known as financial statements. There are main financial statements, which helps managers to forecast and make better decisions on the organizations issues. Furthermore, these financial statements differ from one business type to another. In addition, these can be justified annually using a number of ratios. Introduction Just as there are several organizational models for delivering extension services to the public, there are a number of ways to finance those services and to keep track of the money. Financial management may be fundamental to success. Poor financial management, on the other hand, often accompanies and contributes to failure. Managing financial resources and making decisions look upon principles related to money matters. Managers apply these concepts as appropriate to situations they face in their own organizations and in accordance with the rules and customs of their own countries. Because people are more readily inclined to apply ideas that deal with practical concerns, this discussion will be organized around practical problems. Task 1 (P3.1) Case Study – Budgets Analyzing of Cash Budget and how it’s used to Make Decisions Every organization knows the significant of a cash budget and how it can be determine the future directions of its business. In fact, cash budget is one of the key components of a master budget. Never the less, it is the most difficult budget to prepare as compared to the rest. Cash budget in reality is a foretell of cash inflow and cash outflow actions, which are likely to take place in the future. It can be a net cash surplus or net cash shortfall position. Cash Inflows Operating Activities From sales of goods and services From returns on invesment ÄÂ °nvesting Activities From sales of plant, property and equipment From sales of invesment From collection of principal on loans to other companies Financing Activities From sales of equity securities (issuing company’s own stock)