Management information system Introduction Free Essays

Presentation The idea of execution disappointment in data frameworks can commonly run from venture situation advancement to last implementation. The usage disappointments extend from idea age stage where the thought is imagined, to characterizing spending plans, programming changes and utilization of outer experts carefully. The following segments depict the elements which straightforwardly or by implication impacts the framework usage disappointment. We will compose a custom article test on The executives data framework Introduction or on the other hand any comparative theme just for you Request Now The usage disappointment of a data framework to a great extent relies upon the framework venture itself and the different outside and inward factors which impacts its reality and self being (Heeks, 2002). The different angles which can be ascribed for usage disappointments are the accompanying: 1.â â Top administration authority issues: The cooperation and enthusiasm of the higher administration in getting the framework actualized well through the inception stages. The level of possession is generally deficient with regards to with regards to dynamic cooperation and responsibility. a.  Business case improvement disappointment: The dedication of higher administration towards noting the business work process model inquiries and streamlining the progression of their business is to a great extent lacking. The measure of energy and assurance sway the disappointment of the execution. Arrangement: Defining the occasions of necessities gathering regarding business words, for example, time, exertion and cash would make them mindful of the usage issues and their commitment in fruitful advancement of the framework. b.  Lack of center and contribution: After the framework improvement venture is given to a seller, it is generally underestimated that the duties of the top administration is done by then and the merchant is totally answerable for getting over the thoughts and think of a deliverable. Solution: Understanding the frameworks advancement process which exclusively includes the business stream model and their dynamic investment. c.  Lack of appropriate measurements to decide execution:  Often the worth included assets in the association has a vague expense related with it. The expense of value, stock levels, throughput and stream, by and large gear viability, on-time conveyances and consumer loyalty estimates must be converted into time and cost. Solution: Appropriate connection of significant worth to immaterial assets in an association must be done at all levels. 2.â â People issues:  The change the board issues of individuals in an association are very answerable for execution disappointments. a.â â Averse towards change: The essential factor is the psyches of individuals for whom the innovation is executed. On the off chance that they can't take the adjustment in a positive way in influencing their working propensities, the framework would be rendered futile (Casey, 2005). Arrangement: Accepting this present reality or computerized difficulties by the individuals to comprehend the positive difficulties worried about framework yield and worker yield. The measure of long haul achievement which a framework would ensure is accidentally remarkable to association. b.â â Low Trust in framework: The yield level of the organization’s forms after the execution of the framework is taken as a plausible issue and records for its disappointment. Arrangement: System must be worked in right soul for its prosperity and use. 3.â â Deployment strategies: a.â â Weak arrangement methodologies: The techniques which are implemented in conveying the framework in the association is trying to the general working of the current framework. The right ascertainment and the administration point of view to the procedure for execution and arrangement of the framework in the association would be a significant component in its prosperity. The staged execution is by all accounts consistently the best; anyway a data framework and the related association must be very much synchronized to actualize the change. Arrangement: Determination by the product seller as a team with the higher administration for sending is a major issue which requires understanding and responsibility b.â â Lack of documentation and preparing:  The absence of documentation would bring about botch of data and task related exercises. The absence of preparing would cause the representatives to feel awkward to the frameworks tasks and capacities (Laudon, 2002). Solution : Proper consideration regarding documentation and preparing must be taken consideration. End The usage disappointments lay on the shoulders of both the association and the product merchant. Enough cooperation and positive differential speculation on the two closures would bring about creation the correct moves for usage and lessen framework disappointments. References/Bibliography Casey, Dermot (2005). Understanding the Situation of Data Systems Development Failure: A job for Pragmatism. Heeks, Richard (2002). Disappointment, Success and Improvisation Of Information Systems Projects in Developing Countries. Laudon C. Kenneth and Jane P. Laudon (2002), The board Information System, sixth ed New York: Tata McGraw Hill. The most effective method to refer to Management data framework Introduction, Essay models

Analysis of an Ethical Dilemma Essay

Yongzheng Emperor

Juan Portem Aisin Gioro Yinzhen, the Yongzheng head, administered from 1723 to 1735 and succeeded his dad, Aisin Gioro Xuanye, who was known as probably the best ruler in Chinese history. So as to satisfy his father’s name and his position Yongzheng needed to deliver a sorted out, flourishing society. To do this, Yongzheng’s perfect of good authority depended on a severe centralization of royal control, paying little mind to the assets required or the deterrents ahead.By incorporating supreme control he picks up the capacity to control the country all in all and his residents as one bound together society as opposed to a confused society. A portion of his approaches that showed his emphasis on centralization of royal control included disposing of nobility tax cuts and collapsing the head charge into the land charge, and in spite of the fact that it was fruitless, he additionally endeavored to make a type of Chinese the standard communicated in language inside his nation .In option, he concentrated on utilizing his capacity to halfway control neighborhood grain holds and free servile occupants, farming laborers, and other corrupted status gatherings. Many, if not all, of these activities have one comparative normal thought which is rearrangements and by disentangling the general public he can affirm his capacity and authority appropriately as a satisfactory emperor.For occasion, his endeavor to make a specific type of Chinese the standard language would have prompted a country that has residents that all see one another, permitting them to communicate their considerations fittingly to their head. Basically, Yongzheng accepts that the way to great government and a precise, prosperous society exists in straightforwardness. Convoluted circumstances just motivations battle and trouble, so by limiting these entangled circumstances Yongzheng can concentrate significantly more on the prospering of his country.

American Revolution or Evolution

Doesnt it enchant one that a solitary word could bifurcate researchers and make groups among the learned. Tort quoâ © (why? ) there must be an explanation and there is! The appropriate response is basic yet normal: Perspective. Albert Einstein, (the popular physicist) most recollected by his hypothesis of relativity, inferred that separation and time were not supreme. History dwells In a similar specialty. It Is in excess of an ordered record of past occasions of a period or a business or improvement of a people, a foundation, or a spot. Be that as it may, what it isn't is total. It is constantly left upon translation, examination, investigation, testing and contemplating. The recognition or point of view increased through such thorough procedures is additionally dependent upon the base of a student of history. It Is exceptionally extraordinary to discover students of history sharing their bases of introductory learning and consequently the impact of their own period, age, environmental factors and childhood should likewise be assessed. An insurgency, characterized by Encyclopedia Britannica Is: a significant. Unexpected, and henceforth commonly a vicious modification in government and in related affiliations and structures.On the other hand Oxford word reference characterizes an advancement as: the slow improvement of something, particularly from an easy to a progressively perplexing structure. Let us choose the utilization of the word Revolution, which one can wander out to state, could be dated from the year 1775 with Its Ignition being the skirmish of Lexington and Concord and perfection being the sanction of the constitution of the states In 1782. Apparently simple doesnt It? It doesnt truly react to how on a very basic level did the considerations, standards, philosophy and mentality of a 2. 5 million occupants change and prompted the chain of occasions that got known as the American Revolution.What I trust Is that no individuals throughout history have ever defied a specific state, condition or Ideology without a development of complaints, disdain or a continuous move of mentality towards tolerating a superior sadomasochism. Gives up back to the mid seventeenth century when migrations started to happen into the New World. Crowds of people containing German, Irish, Scottish, Welsh, Jewish plunge and also the French Hugeness, started filling the terrains so as to escape from the shackles of the Old World.They didn't have any progressively a craving for its ceremonies, its citrines, Its controling of call freedoms, and for the most part the average cost for basic items In It, One can even of the previously mentioned causes. So it is proper to state that a seventeenth century Europe was in upheaval. Gives up further with this hypothesis and state that the outsiders arriving at the New World were progressives. Just about 1 50 years of Paxar Americana (utilized carefully in setting with the timespan and not as indicated by current use) so to state was delighted in by the pilgrims. During this time, a few changes unavoidably took place.This is obvious from the way that the language that the sorority of the settlers initially talked had developed into an alternate tongue. So from this we can likewise endow upon the conviction that close by etymology political and financial changes did likewise occur. A political change that really started with the movements was the ascent of a political belief system known as Republicanism. Actually managed by Great Britain or all the more precisely investigated, the states rehearsed the approach through their town lobbies and city boards. Famous instances of such republican instruments were the Virginia House of Burgesses and theMassachusetts Assembly. These were controlled by either agent or direct popular government. The image of popular government at the time was viewed as the House of Commons in England, anyway it seemed more than negating to have the Bucking Palace transcending high in the very nation. The pioneers gave their devotions to the ruler but since of the way that it was somewhat restrictive. Despite the fact that they didn't understand it nor was it officially pronounced however they stayed accommodating on the grounds that they were never altered by British legislations.They had during this time, appraised their own standards, made their own arrangement of Jurisprudence, law, Justice, techniques for exchange, business, instruction, horticulture and so forth. When after the French and Indian war, the British started effectively partaking in the previous counted provincial segments of society; it wouldv e clearly been not gotten happy handedly by the Colonists as it didn't. Lets currently look at the financial advancement that occurred to guarantee Americas Independence. The multi year old period was regarding exchange and trade begat as a time of healthy neglect.For the pioneers it brought monetary thriving and industrialization. For the British it was messing themselves up. Purposeful careless so as to show the thankfulness for financial opportunity while managing the strategy of mercantilism. Does it bode well? One would address Robert Walpole rational soundness between the entirety of this; anyway he isn't our subject of concern. What you will so plant so will you procure; an extremely old and went around saying isnt it? In any case, it makes sense in the unique circumstance. The British for a significant stretch of time followed the strategy and he settler making the most of its benefits.Smuggling was nothing out of nowhere, normal. Other European countries additionally profited by it, the Colonial farming items, for example, roughage, wheat, grain, maize and cotton were esteemed exceptionally in outside business sectors. At the point when the British irritated at Colonial willfulness to make good on charges, passed the writs of help; there was a shock. There must be one, as it did, pirating was not endured any longer and a progression of income age made because of remote exchange deteriorated. How were the shippers to maintain their organizations without the reclaim of exchanging being permitted to them as it had consistently been?Hence there was a clamor by the vendors who failed because of such enactment. Some place or another. The nation was not in the least acquainted with charges; by and by it is important to specify that when we talk about being not being altered for just about 150 years it is implied more than it sounds. Residents in Britain were obliged to make good on charges, anyway their brethren in the New World were most certainly not. I do now and again accept that total opportunity adulterates completely, there ought to be a few saddles or harnesses placed n so as to let class root in or for this situation for rule to sustain.When out of nowhere presented to coordinate duties, for example, Stamp Act and Sugar Acts for what reason would it not cause devastation with in the homesteaders? It would prompt asperity towards the crown as it did, it would prompt mass fights as it did and would prompt cutting off of ties as it did. To start with I expounded on how a verifiable occasion is dependent upon free understanding. How antiquarians could possibly concede to something in view of the various compo nents forming the state of the reason for their knowledge.I must admit that it isn't subjective and applies to myself as it does to some other person. I accept that development without upheaval is weak and transformation without advancement visually impaired, fundamentally the same as the thing Einstein said about religion and science. One thing is for sure however, nothing is commonly progressive. There must be grinding to bring forth fire. During the multi year time frame transformative changes in political convictions, social strategies and financial systems took place in any case the pilgrims wouldve never equipped themselves to teeth and raised the banner of upheaval.

Calculate Mass from Density Example Problem

Figure Mass from Density Example Problem Thickness is the measure of issue, or mass, per unit volume. This model issue tells the best way to figure the mass of an article from a known thickness and volume. Basic Example (Metric Units) For instance of a straightforward issue, locate the mass of a bit of metal that has a volume of 1.25â m3 and a thickness of 3.2 kg/m3. To begin with, you should see both the volume and the thickness utilize the volume of cubic meters. That makes the computation simple. On the off chance that the two units were not the equivalent, youd need to change over either of them with the goal that they would be in understanding. Next, revamp the recipe for thickness to settle for mass. Thickness Mass à ·Ã‚ Volume Increase the two sides of the condition by volume to get: Thickness x Volume Mass or on the other hand Mass Density x Volume Presently, plug in the numbers to take care of the issue: Mass 3.2 kg/m3 x 1.25 m3 On the off chance that you see the units wont offset, at that point you realize you accomplished something incorrectly! In the event that that occurs, revamp the terms until the difficult works. In this model, cubic meters offsets, leaving kilograms, which is a mass unit. Mass 4 kg Straightforward Example (English Units) Locate the mass of a mass of water with a volume of 3 gallons. It appears to be sufficiently simple, correct? A great many people remember the thickness of water as 1... in any case, that is in grams per cubic centimeters! Luckily, its simple to look into the thickness of water in any units. Thickness of Water 8.34 lb/lady In this way, the issue becomes: Mass 8.34 lb/lady x 3 lady Mass 25 lb Issue The thickness of gold is 19.3 grams per cubic centimeter. What is the mass of a bar of gold in kilograms that estimates 6 inches x 4 inches x 2 inches? Arrangement Thickness is equivalent to the mass isolated by the volume.D m/VwhereD densitym massV volumeWe have the thickness and enough data to discover the volume in the issue. All that remaining parts is to locate the mass. Increase the two sides of this condition by the volume, V and get:m DVNow we have to discover the volume of the gold bar. The thickness we have been given is in grams per cubic centimeter yet the bar is estimated in inches. First we should change over the inch estimations to centimeters.Use the transformation factor of 1 inch 2.54 centimeters.6 inches 6 inches x 2.54 cm/1 inch 15.24 cm.4 inches 4 inches x 2.54 cm/1 inch 10.16 cm.2 inches 2 inches x 2.54 cm/1 inch 5.08 cm.Multiply every one of the three of these numbers together to get the volume of the gold bar.V 15.24 cm x 10.16 cm x 5.08 cmV 786.58 cm3Place this into the equation above:m DVm 19.3 g/cm3 x 786.58 cm3m 14833.59 gramsThe answer we need is the mass of the gold bar in kilograms. There are 1000 grams in 1 kilog ram, so:mass in kg mass in g x 1 kg/1000 gmass in kg 14833.59 g x 1 kg/1000 gmass in kg 14.83 kg. Answer The mass of the gold bar in kilograms estimating 6 inches x 4 inches x 2 inches is 14.83 kilograms. Tips for Success The most concerning issue understudies make when settling for mass isn't setting up the condition effectively. Keep in mind, mass equivalents thickness duplicated by volume. Along these lines, the units for volume counteract, leaving the units for mass.Be sure the units utilized for volume and thickness cooperate. In this model, blended measurement and English units were purposefully used to tell the best way to change over between units.Volume units, specifically, can be dubious. Keep in mind, when you decide volume, you have to apply the right recipe. Rundown of Density Formulas Keep in mind, you can mastermind one equation to understand for mass, thickness, or volume. Here are the three conditions to utilize: Mass Density x VolumeDensity Massâ ã · VolumeVolume Mass à ·Ã‚ Density Find out More For more model issues, utilize the Worked Chemistry Problems. It contains over a hundred distinctive worked model issues helpful for science understudies. This thickness model issue tells the best way to figure the thickness of a material when the mass and volume are known.This model issue shows the best way to discover the thickness of a perfect gas when given the atomic mass, weight, and temperature.This model issue shows the means important to change over creeps to centimeters. Source CRC Press Handbook of Tables for Applied Engineering Science, second Edition, 1976, Table 1-59.

Common Persuasive Essay Topics

Common Persuasive Essay TopicsPersuasive essay topics range from religion to politics to fitness to work and so on. If you're looking for a list of topics, you can find plenty online, as well as in books written by well-known authors. Make sure you know your topic before even starting the writing. Here are some tips to help you along.Political topics tend to be the most common persuasive essay topics, especially if your audience is composed of students or other working adults. You'll need to make your essay as well-organized as possible, so be sure to look up the statistics for your country or state on various things such as voter turnout. This will let you know how much support the issue will have.Sports and fitness-related topics also tend to be popular, but you'll have to make sure your content is clear before you move on to other types of topics. Also, if your subject is one that is highly controversial, chances are there will be differing opinions, especially among the audience. You don't want to make your viewers angry. Instead, you want to do a good job of neutralizing those views. Try not to fall into the trap of sharing your own opinions, as it will drive your viewers away and cause them to dislike you.Religion is a popular topic for persuasive essay topics because it is appealing to the people who write. It's difficult to deny that religious people need to believe in something more, whether it's a God an idea, or some higher power. Your subject may be true or false, and that can make all the difference when you try to sway people to your side of the argument.Politics, though popular, tend to be a more difficult type of topic to write about. That's because politics is an area where many people have a hard time believing that one person's opinions would ever affect the opinions of millions of people. Most viewers would rather you focus on the things that concern them, which usually means current events. Trying to use political topics to make a better ar gument is not always successful.Many high school students take college entrance exams and have to write essays on the subject. This makes it easier to do research for topics, but you still need to know what your audience is looking for. Your topic might be related to a specific school, college, or a particular subject, but not necessarily all three. By knowing your audience, you can ensure that your topic is relevant and educational.Business and careers can be good subjects for persuasive essay topics as well. You want to cover a variety of topics that appeal to many viewers. It's important to read the topics listed by leading author in order to find out which topics are hot, so you won't have to read through hundreds of papers. Find out what questions are coming up in your viewers' minds and write about those topics.These are just a few ideas on popular topics that are most likely to be found in introductory courses or books on persuasive writing. You can also get some free advice by visiting the website for PPT, Public Relations.

How to Use College Rankings to Make Decisions

Popular College Rankings Lists: Don't Pay Attention to the Ranking – Look at the Data Available In the world of college admissions, one of the most controversial , and highly-debated tools advertised as a way to determine the â€Å"best† colleges are college rankings lists. An increasing number of news outlets and publications claim to have â€Å"cracked the code† in terms of determining which colleges are worth attending, however, what rankings fail to convey is the importance of personal fit. At, we encourage students to apply to the colleges that are the best academic, social, and financial fits – what’s best for one student isn’t always going to be the right choice for another. The same also applies to college rankings. Lists are not created equal, and a school that’s #1 on one list could be nowhere near the top 50 in another. Here’s an example of popular rankings lists and the differences in the top five schools. List US News Forbes Business Insider Payscale Money Magazine Washington Monthly 1. Princeton Williams Stanford Harvey Mudd Babson UC – San Diego 2. Harvard Stanford MIT Naval Academy Webb Institute UC - Riverside 3. Yale Swarthmore Cal Tech Cal Tech MIT UC - Berkeley 4. Columbia Princeton Princeton Stevens Tech Princeton Texas AM 5. Stanford MIT Harvard Babson Stanford UCLA So why do so many people pay attention to rankings? Simply put, people like to quantify the unquantifiable – hence the plethora of college rankings lists with varying methodologies. The truth is, not one college rankings list has it right – and none ever will. However, there is a benefit in these lists for families going through the college search process – it just requires a little work. While no one should ever base their college decision on where a college falls on a rankings list, families can use the data that different lists collect to make informed decisions, or even create their own college ranking method. Examine the Data and Methodology – Not the Number on the List The one great thing about college rankings lists is that someone else has already done the hard work for you by collecting data on graduation rates, job placements, selectivity, financial aid, post graduate salaries, etc. Depending on your higher education goals – whether it’s to insure a great ROI, quick job placement, or support through graduation – there’s a list out there that has the information you’re looking for. For example, one of the most popular rankings lists, US News and World Report Best Colleges, has several factors it considers when determining final rankings. While almost a quarter of the ranking is determined by â€Å"undergraduate academic reputation† (giving Ivy League schools a distinct advantage), there are more useful factors that are considered including retention, faculty resources, and alumni giving – which are strong indicators of student satisfaction. Another popular college ranking list, Forbes America’s Top Colleges, is different from US News in that its methodology focuses heavily on post-grad success and includes data on student loan debt, a factor to consider when evaluating a school’s financial fit. Families can look at each college on the list and get an idea of the average cost, as well as the average amount of grant money students are awarded and the average amount of loans students take out. Recently, LinkedIn launched its own rankings tool, focusing on career paths and ranking colleges based on field of study. These rankings are based on data from LinkedIn’s users, and can be helpful for students exploring schools based on their intended major or those whose main goals is to work for a certain company. Other rankings lists that include data that could be helpful for students deciding where to apply to college include: Business Insider Best Colleges in America PayScale College Salary and ROI Reports New York Times Most Economically Diverse Top Colleges Money Magazine Best Colleges Washington Monthly College Rankings It’s easy to look at a list and think â€Å"this is the best school because someone says it’s #1,† but remember that the college search should be about what you think is most important, not a publication’s opinion. Take college rankings with a grain of salt, but don’t be afraid to dive into the data and consider only the criteria in each list that is most important to you. Your final decision about where to apply and ultimately enroll should come from multiple sources, not just a rankings list. Don’t forget to do your research, talk to admissions officers, alumni, counselors, and current students, read relevant blogs, and visit the campus! In the end, deciding on your best fit-college will come from your own assessment.

Feminism In The Necklace - 1068 Words

Feminist Analysis of Guy de Maupassant’s The Necklace. In recent decades, feminism has attracted attention from different individuals who fight for equal treatment of both genders. As defined by many researchers, feminism is the advocacy of equality between male and females. This concept began when people realized that the traditional roles of men and women provide a lot of injustice to women. According to Barry â€Å"The women’s movement’ of the 1960s was not, of course, the start of feminism. Rather it was a renewal of an old tradition of thought and action already possessing its classic books which had diagnosed the problem of women inequality in the society and proposed solutions† (124). Traditionally a man was viewed as the head of the†¦show more content†¦This plot implies that although Mathilde was very beautiful and charming she had no advantage of an upper-class girl for example of a distinguished family or things that are coveted by women. Some of the keywords that help us to understand the injusti ce in this concept are charming, married off and distinction. Charming means attractive and it helps to create a picture of how admirable the lady was. The fact that she was charming implies that she could have attracted the attention of wealthy men who could become her husband. Secondly, the term married off means that she was forced to be the wife of the clerk. This implies that she was denied the freedom to choose her husband. This is a clear manifestation of patriarchy in the society where the role of woman in decision making was not acknowledged at all. Lastly, the term distinction means excellence or prominence. The term â€Å"distinction† helps to explain the presence of prominent men in the society who could give Madame Loisel a luxurious life that she demanded. Unfortunately, she had no means of getting them since her parents had already made marriage decision. Therefore the position of women in marriage is limited by customs and traditions. Secondly, a poor and unequal relationship between Loisel and his wife is evidence in â€Å"The Necklace† literature. Mathilde Loisel was a beautiful woman who wasShow MoreRelatedThe Necklace And The Kiss By Guy De Maupassant1604 Words   |  7 PagesIn both the â€Å"The Necklace† and â€Å"The Kiss† both written by Guy De Maupassant are classic short stories that embody all literary elements. Like most short stories Maupassant takes the reader on many twists and turns, making the reader assume what is to happen next only to surprise you with what actually happens. In â€Å"The Necklace† social class, lust, and an unfortunate mistake lead a married couple to endure years of hardship. In â€Å"The Kiss† an experienced aunt writes a letter to her heartbroken nieceRead MoreGreek Goddess And Greek Women874 Words   |  4 PagesClassical Myth (2004) which encompass a wide range of of primary and secondary sources. 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U.S. Customs of Border Protection (Cbp) - 754 Words

U.S. Customs of Border Protection (CBP) Doneyell Simmons American InterContinental University Abstract This paper will be discussing the responsibilities and duties of the U.S. Department of Borders Protection (CBP). It will be explaining if what the CBP do is effective and how so. Also it will be explaining how they prevent terrorist attacks and how they work with other law enforcement agencies. Keywords: Terrorist, agencies, protections, training U.S. Customs and Border Protection The U.S. Customs and Border Protection also known as CBP is one of the largest and most complex agencies with the Department of Homeland Security. They have many duties and responsibilities to do to protect the United States of America. They†¦show more content†¦The officers go through training for 20 weeks with the Federal Law Enforcement Training Center, in Glynco, Georgia. They are trained basic law enforcement skills such as Anti- Terrorism, Detection of Contraband, Interviewing, Cross Culture Communications, Firearms Handling and Qualification, Defense Tactics, Arrest Techniques, and Officer Safety and Survival just to name a few. The Agriculture Specialist receives 8-12 weeks of training at the Professional Development Center in Fredrick, Maryland. Agriculture Specialist is station at international ports of entry at airports, seaports, and land borders throughout the United States and alongside the Canadian and Mexican borders. They h ave the authority to conduct random inspections of luggage or items entering the country and the power to seize prohibited or contaminated items. The Border Patrol agents go through a 55 day â€Å"Basic Academy† training at the â€Å"U.S. Border Patrol Academy† in Artesia, New Mexico. Their training includes topics on immigration, physical training, weapons and marksmanship. Most of the agents must know how to speak Spanish. This is just an example on the type of training that the CBP staff has to prepare them for any surprises and attacks on the United States. CBP works with international, Federal, state, local and tribal law enforcement agencies. This approach ensures unity of effort and maximum enforcement benefits from combine resources and allows the secureShow MoreRelatedBorder Security1320 Words   |  6 PagesRunning head: Has Technology Improved Border Security Operations 1 Border Security Technology HAS TECHNOLOGY IMPROVED BORDER SECURITY OPERATIONS 2 Border Security Technology Border security is paramount to the security of the United States of America. There are 7,000 miles of land border with Canada and Mexico as well as numerousRead MoreThe Security Administration ( Tsa )1133 Words   |  5 Pages Following the terrorist attacks of 9/11, congress passed sweeping changes to the security of aviation and border protection in the United States. Three agencies were significantly impacted by these changes and the aftermath of 9/11: Transportation Security Administration (TSA), U.S. Customs and Border Protection (CBP), and Federal Air Marshal (FAM). However, 14 years later is important to review the changes which were implemented by sweeping popularity following 9/11 and evaluate their effectivenessRead MoreThe Functional Equivalent Of The Border And The Fourth Amendment1673 Words   |  7 PagesThe functional equivalent of the border and the Fourth Amendment closely tie together in the fact that although the government has the power to conduct warrantless border searches, in the essence of the law, the Fourth Amendment strictly prohibits unreasonable searches and seizures and requires a warrant to be present to conduct the search. Understand when mentioning â€Å"functional equiva lent†, this means the final port of entry after persons and property have entered the United States. The Fourth AmendmentRead MoreHomeland Security Chapter 9-10 Essay923 Words   |  4 Pagesattempts and successes at border patrol. Beginning with the U.S customs and Border Protection, the Border Patrol office has like many other agencies, merged with the DHS following 9/11. The reason is because the Border Patrol is now after 9/11 been concerned with the prevention of terrorist’s entry. The Border Patrol also merged with customs, which has a long history with border patrol. The CBP has been charged with guarding 7000 miles of U.S Land border. The Border patrol has been very concernedRead MoreCustoms and Border Protection3897 Words   |  16 PagesUnited States Customs and Border Protection Mr. Angelo, Joseph CJ 355 Jonathan Mesngon July 20, 2014 Abstract This paper explores an overview of the mission and the overall organization of the United States Customs and Border Protection (CBP). It will also discuss the roles and responsibilities of the organization, its history, and how they support the Department of Homeland Security (DHS). This paper will provide you with facts, highlights, and challenges germane to CBP. You will understandRead MorePhl 323 Code of Conduct1676 Words   |  7 PagesAlex Cardenas Code of Conduct The United States Border Patrol is a federal law enforcement agency and is one of the largest in the world. The purpose of the Border Patrol is to keep terrorists and the weapons terrorists use out of the nation’s borders. In addition, the Border Patrol also serves to ensure that international and trade is conducted in a lawful way (U.S. Department of Homeland Security, 2014). As a federal agency, the Border Patrol is under high public scrutiny. A federal agentRead MoreUs Customs and Border Protection7176 Words   |  29 PagesU.S. Customs and Border Protection From Wikipedia, the free encyclopedia Jump to: navigation, search U.S. Customs and Border Protection Common name U.S. Customs and Border Protection Abbreviation CBP U.S. Customs and Border Protection patch.png Patch of CBP U.S. Customs and Border Protection logo.png Logo of the U.S. Customs and Border Protection CBP Badge.jpg CBP officer badge Agency overview Formed March 1, 2003 Preceding agencies SomeRead MoreRole Of Customs And Border Protection1644 Words   |  7 Pages1 - What is the role of Customs and Border Protection (CBP) in securing trade in maritime ports? The role of the Customs and Border Protection (CBP) is to ensure all goods and people coming into the United States lawful and keeping contraband and WMD out of the United States. Additionally Customs and Border Protection (CBP) is responsible for international trade in and out of the United States. The policies and enforcement of the Customs and Border Protection (CBP) can make or break trade withinRead MoreThe United States Border Patrol1532 Words   |  7 PagesThe United States Border Patrol has a mission and duty to protect our borders through regulating laws and preventing illegal terrorists, drugs, and weapons from entering the United States. This has been a clear goal ever since laws have been passed to help secure our borders back in 1924. The need for Border Patrol and the demand for tighter security plans have been increasing due to terrorist attacks on American soil, the presence of radical groups, and a high rate of crime in the United StatesRead MoreThe Role of U.S. Customs and Border Protection2503 Words   |  10 PagesTHE ROLE OF U.S. CUSTOMS AND BORDER PROTECTION The U.S. Customs and Border Protection (U.S. CBP) is one of the oldest law enforcement entities in the U.S., and has a rich history of protecting our borders. A historical overview and understanding of the U.S. Customs origins displays how over the centuries the strategic mission of the CBP has evolved to combat threats of specific time eras. U.S. Customs has grown from collecting of revenue during the 1800s to fighting the War on Drugs, and well into

A Comparison of Migrant Workers in The Grapes of Wrath...

Migrant Workers in The Grapes of Wrath and Of Mice and Men John Steinbeck wrote about what surrounded him. At the time he was writing, the nineteen-thirties, a great depression was plaguing the United States. Many people were out of work. Many farmers were losing their farms and homes. An extreme drought had also wrecked the farms of the Midwest and made them into what is now referred to as the dust bowl. It was a terrible time to be poor, and most were. People died of malnutrition every day. In California, where Steinbeck resided, migrant workers dominated the workforce. Thousands traveled from all around to pick fruit in the farms of the Salinas Valley for minuscule wages. Thousands more could not find suitable†¦show more content†¦Lennie, for example, becomes fixated on the dream of having a farm with George. George tells him, were gonna get the jack together and were gonna have a little house and a couple of acres an a cow and some pigs and....a big vegetable patch and a rabbit hutch and chickens (Steinbeck, Of Mice and Men 13,14). Lennie, because of his lower than normal mentality, takes Georges story to be fact and just dreams of when it will happen. Georges dream is essentially the same, but is based on if it will happen not when it will happen. George has to dream more realistically than Lennie. Lennie wants to live off the fatta the lan, but George has to determine whether they could survive or would starve. George, who looks after Lennie through the whole story, fulfills, at least in a way, Lennies dream. At the end of the book, George describes the happy place he and Lennie will have. George seems to be describing their heaven. So, he sends Lennie to heaven -- with a gun shot to the back of the head -- to live off the fat of the land. George knows that shooting Lennie is the best thing he can do. He seems to follow Candys words: I ought to of shot that dog myself, George. I shouldnt ought to have let no stranger shoot my dog. George knows that Curly will shoot Lennie when he finds him, so, by taking his life quickly and essentially painlessly, George fulfills Lennies dream and shows one last instant of companionship toward his friendShow MoreRelatedPoetry In John Steinbecks The Grapes Of Wrath1463 Words   |  6 Pages2/john-steinbeck-what-he-taughtwriters.Web.7Oct.2013). The lyrical style of The Grapes of Wrath keeps the readers spell-bound from beginning to the end and lets the readers feel the vicinity of the have-nots. Steinbeck has a suitably elastic form and elevated style to express the far-reaching tragedy of the migrant drama. In The Grapes of Wrath he devised a contrapuntal structure, which alternates short lyrical chapters of exposition and background pertinent to the migrants as a group (DeMott1992: xii). The description ofRead MoreEast Of Eden By John Steinbeck2066 Words   |  9 Pagesperspectives on life. Steinbeck has a very descriptive writing style that helps make his books classic novels worth reading. Steinbeck is a writer that does a great job of not just blatantly telling the reader what he wants them to know, but making comparisons and inferences that get the reader to think and develop their own opinions, which is he ultimate goal of the author. I read East of Eden this past summer. In East of Eden, Steinbeck paints the picture of two families, the Hamilton s and the Trask

An Introduction to Native American Literature free essay sample

American literatures embrace the memories of creation stories, the tragic wisdom of native ceremonies, trickster narratives, and the outcome of chance and other occurrences in the most diverse cultures in the world. These distinctive literatures, eminent in both oral performances and in the imagination of written narratives, cannot be discovered in reductive social science translations or altogether understood in the historical constructions of culture in one common name. Vizenor 1) Since the end of the 15th century, the migration of Europeans to America, and their importation of Africans as slaves, has led to centuries of conflict and adjustment between Old and New World societies. Europeans created most of the early written historical record about Native Americans after the colonists immigration to the Americas. 3 Many Native cultures were matrilineal; the people occupied lands for use of the entire community, for hunting or agriculture. Europeans at that time had patriarchal cultures and had developed concepts of individual property rights with respect to land that were extremely different. We will write a custom essay sample on An Introduction to Native American Literature or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The differences in cultures between the established Native Americans and immigrant Europeans, as well as shifting alliances among different nations of each culture through the centuries, caused extensive political tension, ethnic violence and social disruption. The Native Americans suffered high fatalities from the contact with infectious Eurasian diseases, to which they had no acquired immunity. Epidemics after European contact caused the greatest loss of life for indigenous populations. In 1830, the U. S. Congress passed the Indian Removal Act, authorizing the government to relocate Native Americans from their homelands within established states to lands west of the Mississippi River, accommodating European-American expansion. Perhaps the most important moment of governmental detribalization came with the passing of the Dawes Act in 1887 which set aside 160 acres for each Indian on the reservation, and opened the â€Å"leftovers† up for settlement. According to the U. S. Bureau of the Census (1894), the Indian wars under the government of the United States have been more than 40 in number. They have cost the lives of about 19,000 white men, women and children, including those killed in individual combats, and the lives of about 30,000 Indians. Native Americans were thus pushed out from their own lands and were forced to live in small reservations assigned by the federal government who claimed that setting the Indians on the course to civilisation best ensured their survival. Tribal customs were then forcibly altered and nomadic tribes became sedentary. All Native Americans felt the impact of the new reservation policies, which sought to isolate and contain Indians to make room for an expanding American nation. At the same time that Native Americans were being excluded from the nation, white Americans began to look to them as the source of a unique national identity and literature, distinct from European traditions. Literature from the period depicting Indian characters was incredibly popular, and many works are still celebrated as classics, including James Fenimore Coopers The Last of the Mohicans (1826), Catharine Maria Sedgwicks Hope Leslie (1827), and Henry Wadsworth Longfellows Song of Hiawatha (1855), to name only a few. These texts employ the trope of the disappearing Indian, which represents the deaths of Indians as natural, similar to the changing of the seasons or the setting of the sun, rather than the result of political exclusion or social discrimination. Thus the disappearance of Indians from the American social landscape was not only depicted within this body of writing but also implicitly approved of. At the same time the government sponsored authors and art programs; the proletarian themes of discovery, regionalism, and tourism were new forms of dominance over Native Americans. Therefore, early Native American authors wrote within a hostile political climate and in response to a dominant literary tradition that sentimentalized and condoned the death of Indians. But they found the means to engage with their detractors by authoring their own accounts of Indians that challenged stereotypical beliefs, demanded equal political rights, and proved that Indians were neither disappearing nor silent. Native American authors have faithfully presented some of these issues of inherent native rights, the duplicities of federal policies, and the burdens of racial identities in their short stories and novels. Wynema by Sophia Alice Callahan published in 1891, was the first novel attributed to a Native American author. Callahan, who was a mixedblood Creek, was aware of tribal issues at the time and therefore devoted most of her novel to native issues. Since then many novels by distinguished Native American authors have been published. One of the most important writers among Native Americans in the 1930’s was D’Arcy McNickle, a member of the Flathead tribe of Montana. His first novel The Surrounded was published in 1936, two years after the Indian Reorganization Act was passed near the end of the Depression in the United States. His novel is the poignant story of a mix-breed family and the tragedy of their exclusion from both the red and the white worlds. Because of cultural misunderstandings, which begin between the Indian mother and Spanish father, suspicion, fear, and finally death take their children. The novel is a history of alienation. Kenneth Lincoln who coined the term Native American Rennaissance pointed out that in the late-1960s and early-1970s, a generation of Native Americans were coming of age who were the first of their tribe to receive a substantial English-language education, particularly outside of standard Indian boarding schools and in universities. Conditions for Native people, while still very harsh, had moved beyond the survival conditions of the early half of the century. The beginnings of a project of historical revisionism, which attempted to document—from a Native perspective—the history of the invasion and colonization of the North American continent had inspired a great deal of public interest in Native cultures. During this time of change, a group of Native writers emerged, both poets and novelists, who in only a few years expanded the Native American literary canon.

The Myth Of The Earnings Yield Essay Example For Students

The Myth Of The Earnings Yield Essay a href=http://www.geocities.com/vaksam/Sam Vaknins Psychology, Philosophy, Economics and Foreign Affairs Web SitesA very slim minority of firms distribute dividends. This truism has revolutionary implications. In the absence of dividends, the foundation of most if not all of the financial theories we employ in order to determine the value of shares, is falsified. These theories rely on a few implicit and explicit assumptions: (a) That the (fundamental) value of a share is closely correlated (or even equal to) its market (stock exchange or transaction) price (b) That price movements (and volatility) are mostly random, though correlated to the (fundamental) value of the share (will always converge to that value in the long term) (c) That this fundamental value responds to and reflects new information efficiently (old information is fully incorporated in it) Investors are supposed to discount the stream of all future income from the share (using one of a myriad of possible rates all hotly disputed). Only dividends constitute meaningful income and since few companies engage in the distribution of dividends, theoreticians were forced to deal with expected dividends rather than paid out ones. The best gauge of expected dividends is earnings. The higher the earnings the more likely and the higher the dividends. Even retained earnings can be regarded as deferred dividends. Retained earnings are re-invested, the investments generate earnings and, again, the likelihood and expected size of the dividends increase. Thus, earnings though not yet distributed were misleadingly translated to a rate of return, a yield using the earnings yield and other measures. It is as though these earnings WERE distributed and created a RETURN in other words, an income to the investor. The reason for the perpetuation of this misnomer is that, according to all current theories of finance, in the absence of dividends shares are worthless. If an investor is never likely to receive inc ome from his holdings then his holdings are worthless. Capital gains the other form of income from shareholding is also driven by earnings but it does not feature in financial equations. Yet, these theories and equations stand in stark contrast to market realities. People do not buy shares because they expect to receive a stream of future income in the form of dividends. Everyone knows that dividends are fast becoming a thing of the past. Rather, investors buy shares because they hope to sell them to other investors later at a higher price. In other words, investors do expect to realize income from their shareholdings but in the form of capital gains. The price of a share reflects its discounted expected capital gains (the discount rate being its volatility) NOT its discounted future stream of income. The volatility of a share (and the distribution of its prices), in turn, are a measure of expectations regarding the availability of willing and able buyers (investors). Thus, the expected capital gains are comprised of a fundamental element (the expected discounted earnings) adjusted for volatility (the latter being a measure of expectations regarding the distribution of availability of willing and able buyers per given price range). Earnings come into the picture merely as a yardstick, a calibrator, a benchmark figure. Capital gains are created when the value of the firm whose shares are traded increases. Such an increase is more often than not correlated with the future stream of income to the FIRM (NOT to the shareholder!!!). This strong correlation is what binds earnings and capital gains together. It is a correlation which might indicate causation and yet might not. But, in any case, that earnings are a good proxy to capital gains is not disputable. And this is why investors are obsessed by earnings figures. Not because higher earnings mean higher dividends now or at any point in the future. But because earnings are an excellent predictor of the future value of the firm and, thus, of expected capital gains. Put more plainly: the higher the earnings, the higher the market valuation of the firm, the bigger the willingness of investors to purchase the shares at a higher price, the higher the capital gains. Again, this may not be a causal chain but the correlation is strong. This is a philosophical shift from rational measures (such as fundamental analysis of future income) to irrational ones (the future value of share-ownership to various types of investors). It is a transition from an efficient market (all new information is immediately available to all rational investors and is incorporated in the price of the share instantaneously) to an inefficient one (the most important information is forever lacking or missing altogether: how many investors wish to buy the share at a given price at a given moment). An income driven market is open in the sense that it depends on newly acquired information and reacts to it efficiently (it is hi ghly liquid). But it is also closed because it is a zero sum game, even in the absence of mechanisms for selling it short. One investors gain is anothers loss and all investors are always hunting for bargains (because what is a bargain can be evaluated objectively and independent of the state of mind of the players). The distribution of gains and losses is pretty even. The general price level amplitudes around an anchor. A capital gains driven market is open in the sense that it depends on new streams of capital (on new investors). As long as new money keeps pouring in, capital gains expectations will be maintained and realized. But the amount of such money is finite and, in this sense, the market is closed. Upon the exhaustion of available sources of funding, the bubble tends to burst and the general price level implodes, without a floor. This is more commonly described as a pyramid scheme or, more politely, an asset bubble. This is why portfolio models (CAPM and others) are unlike ly to work. Diversification is useless when shares and markets move in tandem (contagion) and they move in tandem because they are all influenced by one critical factor and only by one factor -the availability of future buyers at given prices. .uf537dfd395a31e786e904547a7f66225 , .uf537dfd395a31e786e904547a7f66225 .postImageUrl , .uf537dfd395a31e786e904547a7f66225 .centered-text-area { min-height: 80px; position: relative; } .uf537dfd395a31e786e904547a7f66225 , .uf537dfd395a31e786e904547a7f66225:hover , .uf537dfd395a31e786e904547a7f66225:visited , .uf537dfd395a31e786e904547a7f66225:active { border:0!important; } .uf537dfd395a31e786e904547a7f66225 .clearfix:after { content: ""; display: table; clear: both; } .uf537dfd395a31e786e904547a7f66225 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .uf537dfd395a31e786e904547a7f66225:active , .uf537dfd395a31e786e904547a7f66225:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .uf537dfd395a31e786e904547a7f66225 .centered-text-area { width: 100%; position: relative ; } .uf537dfd395a31e786e904547a7f66225 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .uf537dfd395a31e786e904547a7f66225 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .uf537dfd395a31e786e904547a7f66225 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .uf537dfd395a31e786e904547a7f66225:hover .ctaButton { background-color: #34495E!important; } .uf537dfd395a31e786e904547a7f66225 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .uf537dfd395a31e786e904547a7f66225 .uf537dfd395a31e786e904547a7f66225-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .uf537dfd395a31e786e904547a7f66225:after { content: ""; display: block; clear: both; } READ: Huck Finn 10 Essay We will write a custom essay on The Myth Of The Earnings Yield specifically for you for only $16.38 $13.9/page Order now

The Effects of Anabolic Steroids Essay Example For Students

The Effects of Anabolic Steroids Essay Youve seen them, and you thought you knew what was going on. Themuscle-heads at the gym, the all-star basketball player, the amazing offensivetackle, and the lightning fast swimmer. All of them used steroids, and you knewit. They were all unnaturally strong, and looked like gods. But what you couldnot see is the terrible side effects which come through the use of anabolicsteroids. These powerful drugs have both positive and negative results fromtheir use. Along with increased strength and size, users of steroids sufferfrom ailments like cancer, bad acne, hair loss, damaged organs and intense moodswings. Anabolic steroids are a group of muscle building chemicals, which aresynthetic versions of the male hormone, testosterone. Developed in 1935 theywere prescribed to aid in muscle and tissue repair by those who had undergonesurgery or had degenerative diseases. Now they are used by athletes andpatients alike. But they are illegal to use if not prescribed by a physician,and have been banned by nearly all athletic organizations, both professional andamateur. When you think of someone who uses steroids you typically picturesomeone who is massive, and whose muscle mass is very well defined. A picturecomes to mind of the giant body builder, who is so big he cant touch his backbecause his biceps are in the way, but he can manage to bench press his car. We will write a custom essay on The Effects of Anabolic Steroids specifically for you for only $16.38 $13.9/page Order now The possible growth and development is amazing. With much less work necessary,the results can be astounding. Athletes can get bigger, stronger and faster,with less effort than previous. The limits of an athletes potential withsteroids seem to be unbounded. These are the positive aspects to the use ofsteroids. One study showed that as much as ten pounds of lean muscle mass couldbe gained by a mature adult using steroids over a years period. The resultingsize and strength increase would be greater more easily attained than withoutuse of steroids.(Taylor pg 45) Also, the type of body structure that may malesare looking for can be easily obtained through the use of steroids. Largepectoral muscles, as well and big biceps and a well defined stomach are whatmany teenage users are after. Society dictates what the current trends are, andour society has dictated that athletic looking men (and women) are in. But noteveryone can be so fortunate to have a beautiful body with their given gene pool . So through the use of steroids, people can attain the wonderful body that theyso desire. One ex-user commented that after he had used steroids and bulked up,he was much more popular with the females, and got much more respect from hismale peers.(Deacon pg 52) Steroids are also used for therapeutic applicationsas well, although their use here is much less well known. Steroids can be usedto promote healing in patients who have recently undergone surgery, they alsoimprove the appetite and increase protein production. They also help protectblood for producing bone marrow after radiation therapy. Also, steroids can beused to help treat skeletal disorders such as osteoporosis broken bones becausethey aid in the reconstruction of the bone matrix.(Goldman pg 201) The positiveeffects of steroids are quite obvious, and quite powerful. Unfortunately, the use of steroids tends to result in many damaging sideeffects in the users. The mournful stories of dominating athletes who usedsteroids, who are no longer great at their one time profession seems to dot thenewspaper pages quite regularly. They always say that they realized too latethe damaging effects that the drugs had on their bodies. Steroids can have manydifferent and adverse reactions with the human body. Some effects are onlycosmetic: hair loss on the head, and a increase of hair on the back, chest andabdomen of males is sometimes present. Greater concentrations of acne has alsobeen traced to the use of steroids, as has gynecomastia, the development ofabnormal breast tissue in males, although this is much less frequent.(Yesalis pg115) More dangerous results are symptoms such as heart disease, impairedglucose tolerance, hypertension, liver toxicity, jaundice and tumors have allbeen linked to the use of anabolic steroids. Steroids tend to increase bloodpressure , which makes the heart pump harder, eventually weakening it. They alsoprevent the removal of cholesterol from the walls of veins, which can also havenegative effect on the body. In the liver, elevated levels of bile can bepresent, as well as peliosis hepatis or blood pools in the liver. Also livercancer has been linked to the use of steroids. They can also cause tumors inthe kidney, known as Wilms tumor, which is another form of cancer. Also, theextended use of steroids can cause the tendons to lose their elasticity, andbegin to break or tear after extended use of steroids.(Goldman pg 131) Anotherproblem common to the use of steroids is a psychological phenomena commonlyknown as roid rage. This constitutes a more aggressively natured person, whois more subject to mood swings. A typically calm, intelligent person could betransformed into a crazed senseless being. The slightest upsetting factor couldset them off. These mood swings and shifts tend to be temporary and cease afterdiscon tinued use of the drugs, but some of the other effects are lasting, andcan be extremely devastating. Less harmful, but important as well is the factthat steroids are banned by nearly every athletic organization, and if it isdetermined that an athlete used steroids, all medals, trophies, prizes and glorycan be stripped away. .ucf42428bbb02bc8891f944dc47def65b , .ucf42428bbb02bc8891f944dc47def65b .postImageUrl , .ucf42428bbb02bc8891f944dc47def65b .centered-text-area { min-height: 80px; position: relative; } .ucf42428bbb02bc8891f944dc47def65b , .ucf42428bbb02bc8891f944dc47def65b:hover , .ucf42428bbb02bc8891f944dc47def65b:visited , .ucf42428bbb02bc8891f944dc47def65b:active { border:0!important; } .ucf42428bbb02bc8891f944dc47def65b .clearfix:after { content: ""; display: table; clear: both; } .ucf42428bbb02bc8891f944dc47def65b { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ucf42428bbb02bc8891f944dc47def65b:active , .ucf42428bbb02bc8891f944dc47def65b:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ucf42428bbb02bc8891f944dc47def65b .centered-text-area { width: 100%; position: relative ; } .ucf42428bbb02bc8891f944dc47def65b .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ucf42428bbb02bc8891f944dc47def65b .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ucf42428bbb02bc8891f944dc47def65b .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ucf42428bbb02bc8891f944dc47def65b:hover .ctaButton { background-color: #34495E!important; } .ucf42428bbb02bc8891f944dc47def65b .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ucf42428bbb02bc8891f944dc47def65b .ucf42428bbb02bc8891f944dc47def65b-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ucf42428bbb02bc8891f944dc47def65b:after { content: ""; display: block; clear: both; } READ: Forgiveness EssayAthletes who train with the use of steroids are taking a huge gamble. Although steroids can have amazing results, and seem to be the greatest thing onearth, they also hold a cornucopia of terrible things in store for the personwho uses them irresponsibly. They must evaluate for themselves if the potentialphysical prowess that they could attain through the use of steroids is worth thepossibility of the devastating side effects. They must also keep in mind theconsequences that they could encounter if they do use steroids, which are anillegal drug. Category: Science

Positive Psychology Example

Positive Psychology Example Positive Psychology – Coursework Example Positive Psychology Positive Psychology Positive psychology is the study of happiness. It is the scientific comprehension and set of useful tools that can be used to build thriving individuals, families, communities, and countries. It is the field of psychology that studies the factors that enable or can allow individuals, families or communities to thrive. It explores how individuals can live happier and more fulfilled lives. In the workplace, positive psychology can be manifested in different  ways since different individuals have different life motivators. Activities that make one happy differ from one person to another. However, there are some common manifests of positive psychology in the workplace. According to Mills, Christina, Fleck and Kozikowski, (2013), fulfillment in the workplace can be as a result of empowerment, gratitude, employee engagement, perceived supervisor and organizational support, positive teamwork and work relationships, and positive leadership. Personal ly, any or all of the above factors can make me find fulfillment in my lif. Positive psychology applies to both performance appraisal process, and training and development processes in equal measure. Performance evaluation processes result in individual fulfillment in that the person is motivated by being empowered, appreciated, and engaged. Training and development processes also lead to personal satisfaction through engagement, appreciation, new challenges and skill development. Individuals can, therefore, find satisfaction and happiness from both or either of the processes. However, depending on the person or situation either of the processes could yield more satisfaction. Organizations should, therefore, use situational analysis to determine which method to use when applying positive psychology. References Mills, J., Christina, R., Fleck and Kozikowski, A. (2013). Positive psychology at work: A conceptual review, state-of-practice assessment, and a look-ahead. The Journal of Pos itive Psychology: Dedicated to furthering research and promoting good practice, 8(2), 153-164. Retrieved from uws.edu.au/__data/assets/pdf_file/0019/510922/JOPP__PP_at_Work__A_review.pdf

Learn the Forms of drink, Please!

Learn the Forms of drink, Please! Learn the Forms of drink, Please! Learn the Forms of drink, Please! By Maeve Maddox Weve had other posts on the correct forms of the few irregular verbs that remain in English, but when I heard not one, but two television reportersone in the field and one in the studiodeclare that a boy had drank a bottle of vodka, I had to trot out the forms of the verb to drink. Present tense: drink Simple past: drank Past participle: had or have drunk Before anyone wants to explain the aberration as something that would be heard only on an Arkansas television channel, consider this opening paragraph from a story in the UKs Telegraph: Chloe Leach, 21, had drank around four cans of the energy drink and several VKs a vodka based drink which also contains caffeine when she suddenly fell to the floor in the Sugarmill club in Hull, East Yorks., on September 30 last year. (2 February 2009) And this from the New York Times: He loved Lee Alexander McQueen, had known him 20 years, had drank and cried with him. (2 April 2010) We are living in the age of the disappearing copy editor. The buck stops at the writers desk. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Grammar category, check our popular posts, or choose a related post below:The Yiddish Handbook: 40 Words You Should KnowIn Search of a 4-Dot EllipsisTreatment of Words That Include â€Å"Self†

Strategic Planning (Longitudinal Strategic Development Study) Coursework

Strategic Planning (Longitudinal Strategic Development Study) - Coursework Example . . . . . . . . 4 3.1 Development History . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5 3.2 Prior Investments and Disinvestments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 3.3 Markets Served and Products Offered . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6-7 3.4 Resources Gained and Capabilities Developed . . . . . . . . . . . . . . . . . . . . . . . . . 7 3.5 Culture, Leadership and Management Style . . . . . . . . . . . . . . . . . . . . . . . . . .7-8 3.6 Strategies Pursued and Outcomes Achieved . . . . . . . . . . . . . . . . . . . . . . . . . . 8-9 4. Current Strategic Situation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 4.1 Trends in the Macro Environment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10-11 4.2 Changes in Industries and Markets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 4.3 Strateg ic Resources, Assets and Capabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 4.4 Financial Performance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 4.5 Industry Position . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 4.6 SWOT Analysis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 5. ... . . . . . . . . . . . . . . . . . . . 14-15 5.3 Choices for Future Strategies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15-16 5.4 Evaluation of Available Options . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 5.5 Justifications . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 5.6 Getting to the Future First . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 6. Conclusion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 7. Recommendation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 ABSTRACT This paper covers the furniture industry with regards to the retailing industry. The industry is closely related to the home industry in the sense that people buy new furniture once they moved to a rental home or into a house they had recently bought. On this note, the furniture industry relies on new sales (when people buy entirely new furniture) to furnish a home or on replacement sales (when a furniture is worn due to use or is out of style). The paper discusses in broad terms the significant changes in the business environment such as new lifestyle patterns, threats such as the environmental movement and depletion of forests and the opportunities presented to pro-active industry players who can seize the opportunities to expand market shares and further revenue growth. The paper then focuses on the furniture group of IKEA which is from Sweden but is now present in some 40 countries and territories with about 316 stores (as of 2010, combined for franchised and company-owned

Telecommunication systems Essay Example | Topics and Well Written Essays - 1000 words

Telecommunication systems - Essay Example If telephone lines are used then serial access program are used to enable the communication of the computer with telephone line. Because the firm employees require voice transmission voIP system is necessary, this system helps set up and separate calls into audio codec’s. The speech is encoded to allow transmission over the IP network as an audio stream (Haykin, 2001). They help in data transfer, i.e. data reception and transmission between the terminus equipment. They enable in conversion of data from analogue to digital and vice versa, modems, microwave links, wireless link, repeaters hubs are all used in computer networking to enable data transfer. In the case of the medium sized firm modems and hubs can be used. This refers to the path/ medium used for data transmission. Most common data communication channels are copper wires, fiber optic cables, coaxial cable and microwave links. The most common types of communication channels are the simplex communication and duplex communication. This is the control software present in all computers and helps in controlling network functions and activities. In the case of the medium sized firm this will include application software to be used is run on the application server such as java application server, Microsoft platforms, Zend platforms etc. for the firm to implement WAN, application web server which accept HTTP program request from the user has to be used. web severs perform authentication, handling of file static and dynamic content, HTTP support through encrypted connections, data compression for transmission, virtual hosting bandwidth throttling among other functions. Exchange server such as the Microsoft exchange server aids in electronic mail exchange, support for web and mobile programs. The help in interconnecting computers within a small area. E.g. in this case the company with 20 – 50 employees, if all the employees have computers, these computers can be interlinked

hate crimes Essay -- essays research papers fc

Defining Hate Crimes Hate crimes has become an increasing problem here in the united states ranging from racial hatred to gender discrimination but what are hate crimes? According to Dr. Jack McDevitt, a criminologist at Northeastern University in Boston Hate crimes are message crimes, Hate crimes are defined as crimes that are violent act against people, property, or organizations because of the group to which they belong or identify with. The coined term â€Å"hate crimes† was first used No matter how many different definitions there are for hate crimes but we all can agree that hate crimes are wrong and immoral. But within hate crimes they are many different types of hate crimes. One of the main reasons that people commit hate crimes would have to be because of racial hatred. Racial Hatred is a major factor in hate crimes with African Americans being the main target. According to the FBI database in 1996, 4,831 out of the 7,947 such crimes reported to the FBI, or 60%, were promulgated because o f race, with close to two-thirds (62%) targeting African Americans. African Americans may be the most targeted race but other races are targeted as well, such as Hispanics, Chinese and after the recent September 11 attacks on the world trade center Arab Americans have become an increasingly alarming target in the United States. And in addition to racial hate crimes there are crimes that involve religious discrimination, gender discrimination, homosexuality and in some cases people with ...

George S. Patton

General Patton and The Third Army Stephanie B. Lawson American History II Professor Clark Abstract General George S. Patton Jr. lived from November 11, 1885 until December 21, 1945. Even today, Patton is considered to be one of the world’s greatest generals. When he was called upon to perform, he always meant business, even in emergencies. He led The Third Army into combat with the Nazi Germans. In little to no time, America recognized The Third Army’s great success and bravery. They swept through battles and conquered with admirable confidence, persistence, and excellence.From 1941 until 1943, the Third Army was led by Lieutenant General Walter Kreuger (Province). General Kreuger strived to make the Third Army the best army in the United States. In Kreuger’s army, there were two men who would later become very well known. Dwight D. Eisenhower was one of these men. The second was none other than George S. Patton. As Kreuger approached age 65, he became too old to be in command of the army and changed positions. Lieutenant General Courtney H. Hodges commanded the Third Army after Kreuger’s leave.Hodges had been in WWI and had also fought under the leadership of Kreuger. Hodges was not half the leader that Kreuger was, unfortunately. He mostly left his duties to those in position under him (Province). Hodges was eventually removed from his position because of his lack of leadership. However, while Hodges was leading the Third Army, they officially changed from a training army to a combat army on December 31, 1943 (Province). In 1943 on New Year’s Eve, the Third Army boarded ships for England to undergo training for possible invasions in the future.When they arrived in Scotland, the Third Army met their new commander – General George S. Patton Jr. The day after they had arrived, the Third Army was gathered together. General Patton then proceeded to give a tremendous but short speech on their future endeavors. He discussed the German Nazis and what they had done, â€Å"We're here because some crazy Germans decided they were supermen and that they had a right to rule the world. They've been pushing people around all over the world, looting, killing, and abusing millions of innocent men, women, and children.They were getting ready to do the same thing to us. We have to fight to protect ourselves. † Patton went on to discuss further low opinion of the Nazis and concluded his speech with, â€Å"That's all. Good luck† (Province). The same year that Patton began his commandment over the Third Army, they started making records. The Third Army shocked the world with its accomplishments. They had only had one general order from Patton; â€Å"Seek out the enemy, trap him, and destroy him†(Province). German soldiers were always wondering what Patton’s next move was going to be.Patton’s methods were unlike the conventional methods of America, The Third Army mainly trapped German soldiers, most of which surrender or were killed. The Third Army and General Patton were constantly undergoing attack – they persisted through the roughest of weather and terrain (Province). Perhaps one of the biggest helps for the Third Army was America’s constant invention of new war methods to overcome their obstacles. The Third Army also greatly succeeded because of their excellent teamwork abilities; everyone had a specific job and each performed his job to the best of his ability.Front liners were often the ones killed, and â€Å"back liners† supplied the front with items such as food, weaponry, and clothing. Patton is quoted as saying, â€Å"No matter how small your job might seem, it's important in the vast scheme of things. Every job is important† (Province). Patton understood the need for every man in his army. It was this mindset of teamwork and perseverance that pushed this army across France. In 1944, Patton and his Third Army were slowed du e to lack of supplies that were needed.Eisenhower had focused his support on another mission, causing The Third Army to lose much needed items. Many even today feel that if this decision had not been made, the war would have ended much sooner because of The Third Army. The Germans took this chance to reestablish their front lines. However, The Third Army still pushed forward in whatever ways possible to keep their minds sharp for battle. They built up many supplies during their forced wait (Province). Once November came, The Third Army finally received approval to continue on with their mission. They went straight for Metz, a German city.They lost some soldiers due to harsh weather conditions, but shocked the world by overcoming without losing many more soldiers. The Germans were forced to pull back and the city was overtaken (Province). The Battle of The Bulge showed the world just how incredible Patton and his army were – time after time, Patton had the utmost faith in his staff. Time after time, they astonished American leaders with their success. The Germans had been beaten down, but weren’t ready to give in. Neither were Patton and his army. Despite the cold, frigid conditions, they kept fighting.Patton, in seeing his army’s diligence remarked, â€Å"By God, I’m proud of them† (Province). On January 28th, the Germans were forced back. The Battle of the Bulge was over. This marked the beginning of the end. Patton and his Third Army were the main reason The Allies overcame. Patton’s great leadership guided them through each battle and brought out the greatness in each solider. Patton displayed constant care and concern for his army, and even once issued a Christmas greeting prayer card to each soldier. It read, â€Å"To each officer and soldier in the Third United States Army, I wish a Merry Christmas.I have full confidence in your courage, devotion to duty, and skill in battle. We march in our might to complete vi ctory. May God's blessing rest upon each of you on this Christmas Day† (Province). Patton played a very significant role in the Allie’s great success. Without him, we may have still conquered, but he definitely kept many soldiers alive along with America’s passionate hope. Reference The Patton Society Research Library The Third Army in WWII | Metal Letters. Patton Society Homepage. Retrieved April 9, 2013, from http://www. pattonhq. com/textfiles/thirdhst. html

Effective Financial Management And Solutions To Glee Plc Finance Essay - Free Essay Example

Sample details Pages: 10 Words: 3144 Downloads: 3 Date added: 2017/06/26 Category Finance Essay Type Narrative essay Did you like this example? Glee plc is large listed company where their sport equipment products are doing well in the market but their profits are doing not well, the new investment that they are currently investing are in the problem. The company has a few of problems that they need to be improve, such as how and where to raise funds, reduce cost of capital by using balanced capital structure and the technique of investment appraisal to have more investment opportunities. Glee plc can go for long-term finance such as equity finance or debt financing to raise their company funds depending on their company financial condition, which the best suit of them will be the chosen one. Don’t waste time! Our writers will create an original "Effective Financial Management And Solutions To Glee Plc Finance Essay" essay for you Create order Before making any investment, no matter what funds that Glee plc is taking, the cost of capital should be calculated first in order to get the minimum return to the cost of capital. The lower cost of capital will be the main objective. There are some arguments of capital structure debate such as, Traditional view and the Modigliani Millers view in 1958 1963. There are four techniques of investment appraisal are bring to discuss also such as, payback period, net present value, accounting rate of return and internal rate of return. It is important to know how to manage the financial smartly, so that it only can achieve the companys objective. 1.0 Introduction Glee plc founded in 2005 and the company is the largest established listing company of manufacturing sports equipment based in Singapore. Glee plc fails to manage their financial properly and their profit is underperforming. They do not know where to get the ideal sources of finance and do not aware about the important of having a balanced capital structure to achieve a low cost capital. Besides, they have no structured approach to appraising investment opportunities. This report is to highlight to let the company aware of the dangers if they do not manage the above areas effectively. I will discuss the sources of finance, cost of capital, capital structuring and investment appraisal technique in order to improve Glee plcs finance performance. 2.0 Sources of finance Cost of capital A various sources of long-term finance are where Glee plc can obtain the funds for further investment. As such, the cost of funds that undertake should have a minimum return or equal to cost of capital. 2.1 Sources of long-term finance It is suggest that long-term finance is the most suitable for Glee plc because the payback period will be more than one year and sometimes it has no obligation for repayment. Two options to get the funds are equity finance and debt finance. 2.1.1 Equity finance This financing money are comes from the shareholders where they sell its ownership to the outsider investors. Two equity finance sources are ordinary shares and retained earnings. Under ordinary shares, Glee plc may issue new share to the public where by using offer for sale, public issue and private placing or another way by rights issue to company existing shareholder. For retained earnings, the decision that Glee plc decide will not influence the shareholder. The advantages are Glee plc need not do any re-payment of capital to the investors that wish to sell their shares. For dividends, it only requires to pay when company is in the profit year. For the disadvantages, Glee plc may lose their ownership to other investors when they issue more shares. It is very expensive and wasting time, it may brings suffer to Glee plc business as it takes long time to bring to an attention. 2.1.2 Debt financing This financing can obtain through outsider third parties while maintaining the wholly control of your business. Debt financing can be in term loan, bonds, convertible securities, leasing and issue warrants. The advantages are Glee plc enables to maintain the ownership where there are no third parties involved. Besides, it has tax deduction benefits where the interest expenses on loan can be tax deductible. For the disadvantages, the higher debt financing will lead Glee plc going into bankruptcy because the interest rate is still high. Glee plc will need to do repayment on time no matter there is profit or not. 2.2 Cost of capital Cost of capital is the cost of debt and equity that undertaking capital budgeting. Whatever investment that Glee plc make, the funds that undertake should have a minimum return or equal to the cost of capital. Whichever sources of funds that Glee plc take into, it required to pay the cost because different types of sources fund will have different cost. As such, the cost should be at low by dealing with the mixture. The cost of capital will be such as, cost of debt, cost of preferred share capital and cost of equity. Lower cost is the objective. The cost of debt (Kd) calculates the interest rate payment that Glee plc borrow money from. The cost of preferred share capital (Kp) is the required return rate where shareholder of Glee plc expected on. The cost of equity (Ke) calculates the cost of using equity finance in Glee plc. Kd is lower level of gearing because of its lower return and it is less expensive due to tax deductible on interest debt. Ke is high level of gearing because investor expecting higher return and is more expensive because of paying dividends. Besides, when Glee plc sell off the equity, you will be selling off your future share performance where this are too much more value compare to the normal interest debt that charge on Glee plc. This is why Ke is always higher than Kd. 2.2.1 Weighted average cost of capital (WACC) WACC refer to average cost of Glee plcs finance, the lower WACC is the greatest one. Each sources of capital should be determined first before Glee plc can determine the weighted average cost of capital (WACC). WACC will influence the market value and when WACC is lower, the share price will become higher. Therefore, Glee plc should determine the debt cost, preferred share capital cost and equity cost to let WACC become lower. 3.0 Capital structure debate This will look on how Glee plc combine the debt and equity financing to look for an optimum capital structure as this concern shareholder wealth. It is important to reduce the WACC by lowest to maximize the shareholder wealth. Three capital structures that Glee plc should have looked on it are Traditional View, Modigliani Millers View (Without tax 1958) and Modigliani Millers View (With tax 1963). The debate then arises between both of these Views in order to achieve an optimum capital structure. 3.1 Traditional View Traditional view points out that the higher debt in capital structure of a company, the lowest WACC it has because the cost of debt is lower than the cost of equity and enables it to use a lower discount rate for project appraisal, and thus increase the value of the company and shareholder wealth (University of Sunderland 2007). The graphs explain that when the gearing increase, the cost of equity will rise because the shareholders financial risk is increase and the cost of debt will also go upward when it at high gearing level. It shows an optimal point where the WACC is at the lowest point. As for market value, companys debt and equity increased when cost of capital decreased. Cost of capital (%) Ke WACC Kd 0 Level of gearing (%) Market value Traditional View graphs 3.2 Modigliani Millers View (MM) MM have a different opinion towards Traditional view and their model come out with two views, MM model without tax on 1958 and with tax on 1963. 3.2.1 Modigliani Millers View without tax 1958 MM argue that a companys total value and WACC as constant no matter what is the gearing level. How the company mix with debt and equity will not affect WACC. However, the criticisms on MM model are there are no taxation, no costs involved in changing capital structure such as issue and dealing costs and there is interest rate applies to both borrowers and lenders (University of Sunderland 2007). The graphs explain that when the WACC remain constant, the market value of the company will remain constant as well. The WACC of geared company equal with WACC of ungeared company. Cost of capital (%) Ke WACC Kd 0 Level of gearing (%) Market value Level of gearing Modigliani Millers view without tax 1958 graphs 3.2.2 Modigliani Millers View with tax 1963 A second version of MM model that take taxation into account, where interest payment is allow for corporation taxes, which bring benefit to shareholders. It encourages company to borrow as much as possible basis because of the lower cost of debt capital and the WACC will drop because of the benefit tax very high. However, the criticism on this are capital market are perfect, enabling companies to raise finance whatever their current borrowing levels. Companies cannot raise additional debt finance without limit. In addition, they do become insolvent when they have so much debt that they cannot make interest payments or repay capital (University of Sunderland 2007). Below are the graphs. Cost of capital (%) Ke WACC Kd 0 Level of gearing (%) Market value Level of gearing Modigliani Millers View with tax 1963 graphs 4.0 Investment appraisal It could bring Glee plc into dangerous financial situation if it does not manage the above areas effectively. Glee plc could end up making lost or even worse end up bankruptcy. In order to make improvement to Glee plcs financial performance, I would like to discuss about the types of investment appraisal available. Investment appraisal are generally known as capital budgeting. It is a process of making investment for major capital projects. Usually, long-term investments are the most main concern decisions in any field of business because it expected to gain higher returns in future. Investment appraisals are carried out to make the comparison of the cost of investment of a project whether the investments are able to gain any yield returns over a period and examine whether it is worth it or not to investment. It is important because it helps company to make smart long-term investments where the cash and assets are well invested in and generate the greatest returns for the projects. Besides, the risk of the investment in Glee plcs new project can be measure out to minimize the risk. Four types of technique investment appraisal that Glee plc should consider are payback period, Net Present Value (NPV), Accounting Rate of Return (ARR), and Internal Rate of Return (IRR). 4.1 Payback period Is the technique to measure the duration of time that a project took to pay off its investment capital cost. Payback period shows how fast is the cash inflows deal with the cash outflows, the fastest return is the better one and then accepted. For example, two alternative projects, Project A and B whose has the initial investment of 120,000 and each cash flow are as per table (refer appendix 1), which Project will be prefer? Project B will be chosen because Project B investment recovered fastest on the third year. It has the merits of quick and basic calculation and the concept are easy to understand. Second, if Glee plc would like to buy the new machinery to replace the old one, the fastest payback on the investment is necessary. The limitations are Glee plc cannot decide the duration of ideal payback time. It does not concern the time value of money. Furthermore, payback usually concern of cash flow only, it does not concern the profit of Glee plcs business. 4.2 Accounting rate of return (ARR) ARR is a method estimates the accounting rate of return of a projects generates, as a percentage of the investment in the project. ARR concern more on the annual profit on the project rather than looking at the cash flow and can be use to compare the profits gained between several project, the highest percentage are the most attractive investment because it gives higher return. For example, company X wants to buy a new machine. Two models machine available and no disposal value and the companys average target of ARR is 35% (refer appendix 2). Which machine should the company X choose? Conclusion is to buy machine B because it gives highest ARR at 43.3%, which over the companys average target at 35%. It has the merits of simple understanding concept and calculation where it makes easy for your managers and investor because it uses the term profit. Furthermore, ARR looks into the overall of the project life. The limitations are it does not concern the time value of money and the timing of the profits earned from a project. Besides, ARR does not have specified decision to guide your managers whether it is worth it or not to invest. The lack of strategies making an investment decisions are still subjective. 4.3 Net present value (NPV) NPV is a technique that calculates all the relevant present value cash inflows and outflows that involved with an investment. Cash flow in the future years are adjusted to a present value by discounting the cash flows using suitable discount rate, therefore NPV technique takes time value of money into account. A positive NPV outcome is the project that should be focus on. For example, two alternative projects, project A and B, using the cost of capital of 10% and the estimated cash flow are as per table (refer appendix 3), which of the two projects the NPV would choose? Project A will be choosing because it has a positive NPV. The merits are it helps Glee plc to concern the overall project lifespan and have a time value of money. It also enables your managers to consider the risk of future cash flow and maximize the Glee plcs shareholder wealth. The limitations are it could be difficult to calculate where some of your managers might not be familiar with the NPV concept. Besides, NPV is hard to determine the accurate discount rate and cost of capital are required in order to calculate the NPV. 4.4 Internal rate of return (IRR) IRR is a true interest rate earned by the investment over a project where the sum of discounted cash inflow is equal to discounted cash outflow. IRR is use to compare the rates or return and calculate the rate of return that reduces the NPV equal to zero. It concern breakeven point. When the IRR is higher, your project should best to be accepted. For example, Company X is considering buying a machine at the cost of 120,000, which can save cost of 40,000 per annum for 5 years, resale value of 10,000 at the end of the fifth year. Yield return of 10%. Is the project should be taken? (refer appendix 4). Company X will buy the machine because the IRR shows higher at 21.80%. The merits are it helps Glee plc concerns the time value of money and the cash flow of your project. Furthermore, the discount rate does not have to be specified before the IRR is calculated and cost of capital no need to calculate because the profitability of the project can be check without any calculation of cost capital. The limitations are the calculation and the concept is hard to understand. IRR is not an ideal to make comparison between two projects because it can give a conflict answer. Among the four techniques above, NPV is the best because when NPV is positive, it will generate more cash for your project and therefore it brings advantage if your company main objective is to maximize the shareholder wealth. 5.0 Conclusion As conclusion, there is no right and wrong answer to choose which sources financing is the best. Either one or both can be choose depends on Glee plcs company size and the company cash flow ability. Other factors to consider are such as, the cost of financing, duration of borrowings money and the company current gearing level. Cost can be reducing by dealing with the mixture and find out the WACC, the lowest WACC will be the best. No matter what decision financing Glee plc is making, as long to maximize the company shareholder wealth is the overall company main objective. 6.0 References Advameg Inc (2010). Capital structure. (Online). Available from: https://www.referenceforbusiness.com/encyclopedia/Bre-Cap/Capital-Structure.html (Accessed 6 Dec 2010) Advameg Inc (2010). Debt financing. (Online). Available from: https://www.referenceforbusiness.com/small/Co-Di/Debt-Financing.html (Accessed 25 Nov 2010) Bloomsbury Information Ltd (2010). Understanding capital structure theory: Modigliani and Miller. (Online). Available from: https://www.qfinance.com/balance-sheets-checklists/understanding-capital-structure-theory-modigliani-and-miller (Accessed 14 Dec 2010) Bloomsbury Information Ltd (2010). Payback period . (Online). Available from: https://www.qfinance.com/business-strategy-calculations/payback-period (Accessed 17 Nov 2010) Bloomsbury Information Ltd (2010). Appraising investment opportunities. (Online). Available from: https://www.qfinance.com/business-strategy-checklists/appraising-investment-opportunities (Accessed 17 Nov 2010) Bloomsbury Information Ltd (2010). Weighted average cost of capital. (Online). Available from: https://www.qfinance.com/balance-sheets-calculations/weighted-average-cost-of-capital (Accessed 8 Dec 2010) Business Link (2010). Investment appraisal techniques. (Online). Available from: https://www.businesslink.gov.uk/bdotg/action/detail?r.s=scr.l1=1073858790r.lc=enr.l3=1081822141r.l2=1073858944type=RESOURCESitemId=1081822252 (Accessed 17 Nov 2010) Business Link (2010). Accounting rate of return. (Online). 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