Three possible remedies that Smithville Industrial Chemical Essay

Three potential cures that Smithville Industrial Chemical - Essay Example The primary error that was made by the Smithville Industrial Chemical Company was that it didn't screen the ecological maintainability remainders and components utilized in the separate processing plants. This is the fundamental explanation with respect to why the proprietor of the Smithville Industrial Chemical Company couldn't react ampleness to the claims of the water in the zone being contaminated by the wastages arranged by the manufacturing plants of the organization. Had the proprietor of the organization kept an appropriate track on its creation and tasks forms including the wastage the board, squander removal and supportability activities, and afterward he would not need to be amazed and stressed by the claims made by the Department of Natural Resources (DNR). This would not just have spared the time and exertion of general society, the Department of Natural Resources (DNR) and the organization itself adjoin would likewise have helped the quicker working of the Department of Natural Resource and distinguishing proof of the real reason for the issue . This would have accordingly assisted with giving a perfect chit to the supposed organization, Smithville Industrial Chemical Company. The bogus recognizable proof of the wellspring of risk brought about the postponed ID of the real reason for the issue. In the circumstances of the nearby individuals being not able to utilize the water assets, time was a significant factor for thought in the objection and peace making forms. Thusly, this can be recognized to be a significant misstep with respect to the Department of Natural Resources (DNR).

Resource Dependence Theory Perspective †Free Samples to Students

Question: Examine about the Resource Dependence Theory Perspective. Answer: Presentation: Vital decisions are identified with hierarchical achievement. This is appeared in cases where associations that settle on decisions deliberately wind up being progressively productive that those that don't settle on vital choices. There are additionally unique deterministic hypotheses that guide in clarifying how associations work. A portion of these speculations incorporate; Resource Dependency Theory and the Institutional Theory. Populace environment additionally helps with clarifying the diverse association activities and results (Sderberg, 2013). Rationally, determinism expresses that all occasions are dictated by causes that were beforehand in presence. These consider various factors, for example, moral decisions. It is said to block human through and through freedom. This is on the grounds that it involves that people can't act in a way that is unique in relation to the manner by which they typically do(Silvestre, 2016). Then again, indeterminism holds the view that a portion of the occasions known to man don't have a reason that is deterministic yet they basically happen indiscriminately. Thusly, this acquires an ethical obligation and prompts the making of an outer reason that is hindrance, and that would then be able to influence the moves that will make place after that. Consequently, determinism says that all activities are because of going before elements and this makes conduct capricious. Science depends on this causal law of determinism. Despite what might be expected, unrestrained choice is the human capacity to pick the way wherein they will carry on which implies that they are self-decided (Fekadu, 2014). By chance, individuals pick whether they will carry out a specific wrongdoing or not. The Resource Dependence Theory emerged from crafted by Gerald Salancik and Jeffrey Pfeffer in the year 1978. This hypothesis is comprised of various contentions. To start with, it says that associations have control over a central firm. Subsequently, the associations can impact the manner by which various firms carry on, on the off chance that they have control of the crucial assets in the organizations continuous tasks and if these assets can't be procured somewhere else (Narain, 2014). Second, the outer condition of an association is comprised of different associations which have their particular advantages and objectives(Drees Heugens, 2013). Asset reliance likewise encourages associations to think of procedures that can be utilized in managing reliance connections that are risky. The asset reliance hypothesis, in this way, depends on the rule that associations need to collaborate with different associations that are in its condition with the point of securing assets (Biermann Harsch, 2016). These exchanges are helpful to the various associations yet they may likewise achieve conditions that are bad. The assets that are required by associations are scant and may not be promptly accessible. These assets may likewise be constrained by entertainers who are uncooperative. This thusly may acquire inconsistent trades and result power contrasts. To lessen these high reliance levels that might be in presence, it is vital for associations to create systems that will upgrade their position with regards to bartering in exchanges where these assets are included. These systems may incorporate; improvement of connections with different associations, broadening their creation, expanding their creation levels, and utilizing political actions(Singha, Sum Chuong, 2011). Broadening is a significant technique since it will bring about a decrease of the reliance levels that an association has with different firms, and it will likewise expand its influence and force. Utilizing political activities is likewise a decent technique since it will acquire government control which will diminish the imposing business model intensity of these associations that have control and dispose of any cartels that might be in presence. There are additionally various adjustments that various associations take corresponding to conditions. A few associations adjust their inner components to the weights that they face from their surroundings while different associations endeavor to modify their surroundings. Regarding authoritative activities, Research Dependence Theory, accordingly, clarifies how hierarchical conduct works. Three ideas that can be clarified in an association with the utilization of the Research Dependence Theory are; hierarchical limitations, viability, and the authoritative condition (Malatesta Smith, 2014). Authoritative adequacy is the productivity with which an association makes activities and results that are worthy. In addition, the degree of an associations adequacy can be estimated by how well an association can fulfill its partner needs. The factor that holds the most importance in portraying how compelling an association is its degree of outer judgment in its authoritative activities(Sahlin-Andersson, Greenwood, Oliver Suddaby, 2012). The utilization of an outer point of view is significant in portraying how viable an association is rather than the utilization of an inside viewpoint which on the other hand shows effectiveness levels. Hierarchical condition is another idea in the logical point of view. The earth comprises of all occasions that influence the activities that happen in an association just as the results. In any case, various occasions impact association activities in various manners. A few associations are detached from specific occasions in nature which thusly lessens the effect of the occasions on the associations. Then again, different associations don't know about the progressions that are happening in the earth. The third idea utilized in the relevant point of view is that of imperatives. This idea shows the likelihood of a move being made in light of a circumstance. On the off chance that there is a higher likelihood of one reaction being utilized, this implies this activity is compelled. In this way, a limitation exists when a reaction to a given activity isn't arbitrary however is a decision that is appropriately contended. This idea expect that the various impacts on the conduct portrayed in associations face the limitation of situational possibilities (Malatesta Smith, 2014). This idea of limitation requires for the association to utilize vital decisions to decide the ideal game-plan that ought to be taken. These three ideas that are of the relevant point of view are the significant segments of the Resource Dependency Theory. This hypothesis likewise utilizes two significant factors which are vulnerability and reliance. The institutional condition where an association is arranged can influence the way wherein formal structures create in the association to a further extent than even market pressures. Structures that are creative and increment the specialized productivity of the associations that embrace them prior on are legitimized (Sahlin-Andersson, Greenwood, Oliver Suddaby, 2012). At the purpose of the legitimization level, if there is an inability to embrace the advancements, it is viewed as careless and nonsensical. The current and new associations will receive these auxiliary structures paying little heed to the way that they may not build proficiency. Distinctive institutional fantasies are acknowledged without valid justification, for the association to have authenticity in the earth identified with the establishment. Associations utilize the structures that are being utilized by others in their condition. These incorporate; authoritative jobs, strategies, and occupation titles. The conspicuous showcase and utilization of these diverse institutional trappings of authenticity help in the safeguarding of an environment whereby activities taken by associations depend entirely on great confidence. This authenticity that is in presence in the institutional situations helps in the endurance of the associations. These structures can, notwithstanding, lead to diminished proficiency in the association and lower the degree of seriousness that an association has in its specialized condition. A few associations accordingly set up various measures in an offer to bring down the negative impacts. Unexpectedly, numerous associations will isolate their specialized exercises from their legitimizing structures. The net impact realized by institutional weights is to raise the homogeneity levels of the structures in an association in an institutional domain. There are three unique sorts of weights that make firms to embrace comparative structures. These incorporate the regulating pressures, coercive weights, and the mimetic weights. Regulating pressures happen when this likeness emerges from the nearness of expert gatherings who have similar methodologies and perspectives. This comes to fruition because of the employing procedure where the workforce recruited have comparative attributes. On the other hand, mimetic weights originate from the presence of vulnerability in the association. At long last, coercive weights are because of impact or lawful commands that originate from different associations that they rely upon (Malatesta Smith, 2014). There was an examination that was led in California to look at how three managerial administrations that are in state funded schools in California have developed from the Institutional Theory angle. It was inferred that at whatever point there exists high participation and accord levels inside the institutional condition, the procedure of selection of structures that are inventive is durable and consistent (Rodriguez Sanders, 2015). Be that as it may, in conditions where the institutional condition was seen as unfocused and argumentative, the dispersion of inventive structures apparently was speculative and low. This exploration additionally indicated that during the times of high coercive weights, associations will in general embrace new structures rapidly. At the point when the coercive weights are low, they embrace the new structures in a much lower rate. The expanded degrees of reception, be that as it may, realize authenticity

AFGHANISTAN Essay Example | Topics and Well Written Essays - 1000 words

AFGHANISTAN - Essay Example The male individuals from Afghanistan’s populace keep weapons with them as an indication of their own respect. This paper contains a depiction of individuals and culture of Afghanistan. Afghanistan is an Islamic state and is landlocked which implies that it has no ocean courses. It very well may be considered as present in the focal point of Asia. The residents of Afghanistan are called Afghans or Afghanis (Dupree 1977). The name of the state Afghanistan is given to it since it is the place where there is Afghans as they are the nationals of the nation. The individuals of Afghanistan speak Pushto and Persian alongside numerous neighborhood tongues. Afghanistan is a rich state as far as culture and customs (Jawad 1992). The individuals of Afghanistan view themselves as unequivocally related to their way of life, religion, personality and opportunity (Toynbee 1961). Afghans live in type of Clans and are profoundly established in the tribe framework. They felt themselves related to other family individuals and are consistently prepared to make sure about their faction individuals from any assault or bother from any side (Jawad 1992). The nation has experienced numerous hard states of fighting and remote attack because of which, the nation alongside its kin and culture has endured enormously (Rall 2002). The nation is generally rocky with green valleys in the middle. There are additionally fields and deserts in Afghanistan. Because of fighting in Afghanistan, numerous Afghans moved away from Afghanistan to the neighboring states, for example, Pakistan and Iran (Rall 2002). The individuals of Afghanistan are isolated into numerous ethnicities or it very well may be said that Afghanistan is a nation of individuals with blended ethnicities (Toynbee 1961). It has a multiethnic culture however most definitely, the prevailing religion is Islam. The ethnic gatherings in Afghanistan are Pashtuns, Tajiks, Hazaras, Uzbeks, Turkmen, Baluch, Nuristani, Pashai, Aimak and Arabs (Dupree 1977). The Afghani individuals are distinguished by their ethnicity by methods for their being lived at various

Middle Age Religion Free Essays

During the Middle Ages, the Catholic Church was the sole church in Europe, where it has its own laws and its own treasury. The congregation was considered as a significant law-production body, perceived by the individuals, yet additionally by its pioneers. The leaders of the Catholic Church assumed huge jobs in the administration, as they utilized their impact to get their way on things. We will compose a custom article test on Middle Age Religion or on the other hand any comparative point just for you Request Now Ministers were rich individuals around then, and has originated from a line of honorable families. They have a tight hang on the individuals, particularly since they are the ones who are â€Å"closer† to God. The lives of the individuals living in the Middle Ages were enormously commanded by the congregation. The church’s impact is boundless, from workers, to respectable masters and even the Kings †they all surrender to the desire of the Church. A considerable lot of the medieval individuals devoted their lives in the administration of the Catholic Church and the religion they are in. They offer an existence of administration to the individuals of the Church, with the expectation that their activities would be recognized by God, the maker. This had been the standard danger being given by the individuals of the congregation so as to get what they needed from the individuals (Carr). During the early long periods of the Christian religion, its development was being stifled by the Roman Empire. This is on the grounds that the Christians have would not love the Roman divine beings or recognize the intensity of the Roman Emperor. Christians have been abused all through the realm. These oppressions finished during the rule of Emperor Constantine, who made Christianity the official religion of the Roman Empire. Constantine the Great at that point announced himself as the head of the Christian individuals, along these lines spreading the religion all through the Empire (Middle-Ages.org.uk). The start of the fifth century saw the disintegrate of the Roman Empire. This is brought about by attacking Germanic clans vanquishing the city of Rome. This has prompted the period alluded to as the Dark Ages. The fall of Rome be that as it may, signals the ascent of the Christian Church. The Dark Ages turned into a venturing stone for the Catholic Religion to prosper. From the Dark Ages up to the Early Middle Ages, the main acknowledged Christian religion was the Catholic religion. Catholic methods general, or all in all. Any organization that was set up was seen to be as demonstrations of blasphemy and the individuals are blasphemous (Middle-Ages.org.uk). The intensity of the Catholic Church in the medieval times was extraordinary to such an extent, that it possessed terrains, forced its own duties, and made its own laws. It is an incredible organization that even Kings capitulated to its impact. The Church additionally acknowledged blessings and exceptional contributions made by the individuals who needed to ensure that they have a spot in paradise. The impact of the congregation reached out to different grounds. They were close by the lords and leaders of Europe with regards to control. The individuals who restrict the Church will quickly get banning †they would go directly to damnation when they bite the dust (Oakley). One of the significant occasions in the Catholic Religion in the medieval times happened in the last piece of the medieval times. This is the point at which the Eastern and Western Christian Churches split on account of issues which emerge from the campaigns. This is called as the Great Schism, isolating the two parts of Christian Churches. Another split happened in the Western Christendom when two Popes have been chosen and built up at two better places. This is brought about by difference in the races. This proceeded to a couple of decades, up until the issue was mended at the Council of Constance, and the Catholic Religion at long last got known as the Roman Catholic Religion. Works Cited: Carr, Karen. â€Å"Medieval Religion†.â 1998. November 4 2007. http://www.historyforkids.org/learn/medieval/religion/index.htm. Center Ages.org.uk. â€Å"Middle Ages Religion†.â 2002. November 4 2007. http://www.middle-ages.org.uk/medieval times religion.htm. Oakley, Thomas P. â€Å"Religion and the Middle Ages†.â 2007. November 5 2007. http://www.catholicculture.org/library/view.cfm?recnum=5231. The most effective method to refer to Middle Age Religion, Essay models

Statement of Purpose Essay Example | Topics and Well Written Essays - 1000 words - 1

Mission statement - Essay Example I felt glad for our developing monetary status. The homestead was everything that our family had and our lives totally relied upon it. Notwithstanding, I understood that development of our ranch was enormously affected by the back and forth movement of the world economy. In 1997, catastrophe struck Southeast Asia’s economy. South Korea was unequivocally influenced by this emergency, and our administration must be rescued by the IMF. Korea’s cash fell in esteem which hindered the economy. Barely any individuals were purchasing or selling anything, and costs had destabilized. Subsequently, our business endured and we needed to lay off two laborers that my dad had employed. Afterward, the updates on a Free Trade Agreement among Korea and US, which would open up Korean markets to the US-imported meat, drove down the cost of Korean hamburger. It was amazing to see that a basic expectation could affect the Korean economy so unequivocally. Luckily, my family’s difficult work and legitimate budgetary administration spared our homestead. These troublesome occasions persuaded me that economy is an amazing and prescient language shared by the world. The worldwide economy is a perplexing snare of circumstances and logical results that impacts everybody on the planet. I took in the benefit of understanding the connections of worldwide economy. Subsequently, I will probably comprehend worldwide economy. I expect to increase a profound comprehension of how worldwide economy capacities, and help organizations and governments to settle on better choices in regards to their funds. A degree in financial aspects from the University of California will help me in venturing out accomplishing this objective. Thus, I wish to take the course of ‘Introduction to International Business - Undergraduate Business Administration’ and ‘International Trade †Economics.’ These courses will help me in understanding global exchange and business, a nd furthermore in finishing my examination. The subject of my senior theory will be ‘Globalization and achievement of Korean meat in the world.’ The examination question that I wish to embrace is ‘Globalization and accomplishment of Kobe hamburger and Black Angus in the world’. I will examine ‘Globalization and accomplishment of Kobe meat and Black Angus in the world’ in English language, and ‘Globalization and achievement of Korean hamburger in the world’ in both, Korean and English. I intend to go to graduate school in Korea in the wake of finishing my undergrad

The Senior Bucket List, Pt. I

The Senior Bucket List, Pt. I I spent a while thinking about how to introduce this blog post, but you know what? No introduction is really needed. There are things that Ive wanted to do in college/MIT/Boston that I just havent gotten around to doing yet, and GOSH DERN IT IM GONNA DO EM, FOOLS! I am proud to present evidence that so far Im 3 for 15. Hopefully I will have things to keep you guys posted about as the year progresses. Huh. Guess I introduced this post afterall. ANYWAY #6. Get Junot Diaz to sign my book. This is Professor Junot Diaz. This is a book that wrote, one of my all-time favorites. When I accepted my offer to come to MIT, one of the first thoughts that crossed my mind was Holy moly I am going to be in the vicinity of Junot Diaz and I am going to get him to sign my book and holy moly I am going to walk the same hallways he walks and holy moly Junot Diaz. Between classes and life and his travel schedule, I just never got around to stalking him visiting his office. But then the universe decided to throw me a bone. Though hes not teaching a classes this semester, he decided to give a reading of his new book and talk about his writing process, which was during a night that I was supposed to have MITSO rehearsal. When I found out that MITSO had been cancelled (which had never happened during the previous three years I was in MITSO), you better believe I booked it over to the Stata Center like nobodys business, where the auditorium had already overfilled with people that had come fr om all over the Boston area (and beyond!) to hear this incredible man speak. I got one of the last chairs in the overflow room, where the talk was being projected live. I highly encourage you to watch that video of the talk, but be forewarned that its pretty explicit (so Mom, dont let Ry watch it! He already knows enough bad words!). Prof. Diaz is an incredibly eloquent and humble man, and I was in awe just listening to him speak; despite the packed audience, he managed to make the talk extremely personal, intimate, and genuine. Im so happy that he is on the faculty of a place like MIT. Hearing someone so full of life and purpose and insight was so beautiful and I feel like a total goober but it literally almost brought tears to my eyes. He feels so much a part of this world and its people. Afterwards, he patiently signed books and took pictures with the hundreds of people that flocked to see him, addressing each individual as if he or she was a family member. I wish there were more people in the world who carried his demeanor. I thought itd be fitting to get my book signed for my high school English teacher, since she shares a lot of the same authentic, caring qualities as Prof. Diaz. I was so lucky to have an educator like her. You can never be thankful enough for a good teacher, and in some ways you wont realize how important of a role they play in your life until you back at the experience. Look how Prof. Diaz signed it, too! What a great man. #13. Find people to dress up as the cast of Hey Arnold! or The Magic School Bus for Halloween. I call Phoebe. I have always wanted to dress up as Phobe from the cast of Hey Arnold! for Halloween. Am I reaching an age dispairity with the blogs readers where you guys no longer understand my pop culture references? If so, please make no indication of it. Just Wiki Hey Arnold! (or even better, YouTube some episodes) and nod along and everything will be fine. ^The greatest cartoon of all time. Well, we didnt get around to dressing up as the cast, which is a genuis idea Ive had since high school. I also dont think there are many people who share my enthusiasm for the show (which is a total bummer since it was such a great show!). In fact, a lot of us were hosed with work, so we were just going to call it a night [read: I was being lame], but luckily some of my friends dragged me out of my lab reports. The following costumes were assembled on varying degrees of notice (1 day-5 minutes). Left: Well, these guys kept the Nickelodeon cartoon thing going. Maita 13 and Elizabeth 14/Korra and Aang. Middle: Yours truly as: Right: Cosmos 15 dressed up as Luke 14. But the best cosume(s) of the evening? They might kill me if they found out I put this on the internet, so these goobers are going to have to remain anonymous. First person to identify the reference get points. But the rules are made up and the points dont matter, so hey! (- First person to identify that reference gets more points.) #12. Go on WMBR as Eunice. WMBR is the MIT radio station, and as I recently discovered, it is rather amazing. Keri has somewhat-extensively blogged about this hallowed place. I cant even fully classify it as college radio, though, since so many people involved are lovely community members from around the Boston area. Maybe community radio is a more appropriate designation. In any case, its pretty stinkin cool, and I cant believe I waited until my senior year to actually get my butt over to this place. During my freshman year, one of my friends (who has an exceptional radio voice) had a running joke that we were going to have a show on WMBR called Liz and Teds Excellent Adventure (a reference to this, and yes, his name is Ted) and only play 80s Madonna. That didnt happen (do we sense a pattern here?). The universe intervened again, as the station needed a host to fill in for a last-minute emergency, and I happened to be one of the first people that the Program Manager happened to actually run into. A couple days later, I was in the basement of Walker Memorial, carrying my playlist that Id assembled literally minutes before and hoping I wasnt going to screw things up. Some things I learned: 1. Djing is really, really, incredibly fun. 2. DJing is also pretty hard. I kept pushing the wrong buttons. There was a lot of awkward dead air between songs as I fumbled with the equipment. I also incorrectly announced the first song of the hour. In retrospect, I probably shouldve just done the show from my laptop, but I ended up learning a lot about the equipment so in the end, it was all [marginally] good. I was really repetitive on air because I hadnt really planned anything to say, aside from the awful classical music puns I kept uttering. I also played my first LP on the air! 3. Listeners can be really nice. Some of them are kind of weird. I even got some callers during the show to give me words of encouragement! The MIT community is incredibly expansive and filled with all sorts of characters. Ultimately, I think thats a pretty good thing. ^Me during most of the hour. I also realize that I happen to be wearing that shirt in several instances were I am on the internet. I swear, I wear things besides St. Louis Cardinals shirts. I definitely could not have gotten through the hour without Eduardo and Allison, who patiently guided me throughout the DJing process, kept me company, and humored me in a few dance-offs. Thank you for being super! They host The Paradox Box  on Saturdays from 1-2 and actually know what theyre doing. Eunice is my politically-incorrect alter-ego. I should probably not blog about her here. Also, shes probably not FCC-friendly, so she couldnt go on the air. Alllllrighty! On to the remaining 12!

Advanced Financial Management Essay - 3025 Words

Advanced Financial Management (Essay Sample) Content: ADVANCED FINANCIAL MANAGEMENTName:Professor:Course:Date:ADVANCED FINANCIAL MANAGEMENTIntroductionTask 1 using the academic underpinning, describe the concepts of Real Options and Capital Concept of capital rationing and real Options Capital rationing is the process of placing restrictions on the amount of new projects or investments that are undertaken by the company. That can be accomplished by putting a higher cost of capital investment consideration or establishing a ceiling on the particular sections of the budget. Firms may wish to implement capital rationing in certain situations where previous returns of investment were less than expected (McLean, 2003). For instance, suppose a corporation has a cost of capital of 10%, however the firm has undertaken very many projects, some of which are which are incomplete (Zelman, 2003). That will cause the actual return on investment of the company to drop below the level of 10%. Due to the fact, the management will dec ide to place the cap on the number of new projects by raising the capital cost for the new projects up to 15%. Commencing with the new projects, it would give the company more resources and time to finish the existing projects (Mr. Jamie Rogers, 2013). On the other hand, a real option is the right but not the obligation to take various objectives in business on the capital investment project. For instance, the chance to invest in the expansion of a companys factory or otherwise to sell the plant, is a put or real option respectively (Ehrhardt, 2002). In reality, the real options are always distinguished from conventional financial options in a manner that they are not always traded as securities. In addition, they do not unusually entail decisions on an asset that is underlying which is sold on a financial guarantee (Kaplan, Atkinson and Morris, 1998).Task 2 Look into the extent of adoption of the tools and explain their impact on the decision-making process in the firm. You must check the relative validity of NPV and Real Options while appraising risks and uncertainty (Chandra, 1997). The adoption of capital rationing and real options tools has a very high impact on the decision-making process in a company. For instance, looking at the example below; (Arnold, 2008). Net Present Value (NPV) is usually a formula that is used to demonstrate the present value of the investment by the discounted total of all cash flows provided from the project. The formula for the discounted sum of all cash flows can be shown as (Campbell, and MacKinlay, 1997). When a firm or investor takes on a project or investment, it is essential to determine an estimate of how profitable the investment or project will be (Swansburg, 1997). In the formula, the -C0 is the initial investment, which is a negative cash flow demonstrating that cash will be going out as opposed to coming in (Kaushal, 2010). Considering that the money going out is deducted from the discounted addition of cas h flows coming in, the net present value would be required to be positive. The positive Net Present value is an indication that the investment is valuable (Gilson, 1989). To give an example of Net Present Value, consider an individual company. Finding the company, the task is determining whether they should invest in a new project. The company will expect to spend $500,000 for the development of the new product. The firm anticipates that the first-year cash flow will be $200,000; the cash flow of the second year will be $300,000, and the third-year cash flow to be calculated $200,000. The expected return of 10% will be used as the discount rate (Ang, 1991).The below table provides cash flow of each year and the present value of every money flow.Year Cash Flow Present value0 - $600,000 -$600,0001 $400,000 $131,818.182 $200,000 $257,933.883 $100,000 $180,262.96Net Present Value = $70,015.02The NPV, for example, may be demonstrated in the formula  INCLUDEPICTURE "/Formula%20I mages/NPV%203.gif" \* MERGEFORMATINET 
  INCLUDEPICTURE "http://i.investopedia.com/inv/articles/site/corpfin11.7.gif" \* MERGEFORMATINET 
(Ogden, Jen and Connor, 2003). In calculating the NPV for each machine and deciding which machine should be invested in? As calculated previously, The Companys cost of capital is 8.4%.(Morck, Shleifer, and Vishny, 1988).Answer:NPVA = -6,000 + 200 + 2,000 + 2,000 + 2,500 + 2,500 + 2,000 = $147(1.092)1 (1.092)2 (1.092)3 (1.092)4 (1.092)5 (1.092)6NPVB = -6,000 + 200 + 2,500 + 2,500 + 2,500 + 2,500 + 2,500 = $5,929(1.092)1 (1.092)2 (1.092)3 (1.092)4 (1.092)5 (1.092)6(Berliner and Brimson,1988). When trying to consider mutually exclusive projects and NPV alone, remember that the decision rule is to invest in the project with the greatest NPV (Emanuelson, 2013). As the Machine has the highest NPV, the company should invest in the Machine (Yermack, 1996).Task 3 Using the information below, it assesses the potential value that is included to Richies Plc. It was obtained from the Capital Investment Project that proposed utilizing the following finance modelling techniques (Berman, Wicks, Kotha and Jones, 1999).Cash inflow Growth Rate: 5% Base-case Unit sales 20,000Price per unit $300Variable cost per unit (200)Cash fixed costs per year (500,000)Depreciation expense $360,000Initial cost of equipment $2,000,000Project and equipment life 5 yearsSalvage value of equipment $200,000Working capital requirement $300,000Depreciation method Straight lineRequired rate of return 12%Tax rate 30%Variable cost Increase by 5.5% every year Standard Deviation: 1%Discount rate: 20%Time: 5 years..(Deventer, Imai and Mesler, 2013).More so, estimates for selling price, unit sales, variable cost per unit and fixed cost operating expenses for the base situation may be determined. Some of the base positions are worst situation and best situation as demonstrated in Table 2 (Paterson and Telyukov, 2014).Table 2; five years case scenario Base-caseWorst-caseBest-case Unit sales 20,00015,00025,000Price per unit $300$250$330Variable cost per unit (200)(210)(180)Cash fixed costs per year (500,000)(450,000)(350,000)Depreciation expense $360,000$360,000$360,000(Skerlep and Tandberg, 2009). INCLUDEPICTURE "/Formula%20Images/NPV%201.gif" \* MERGEFORMATINET 
Year Cash Flow Present Value0 -$500,000 -$500,0001 $200,000 $181,818.182 $300,000 $247,933.88 3 $200,000 $150,262.96Net Present Value = $80,015.02 (Bhatt, 2008). The net present value of this example can be demonstrated in the formula INCLUDEPICTURE "/Formula%20Images/NPV%203.gif" \* MERGEFORMATINET 
NPV=$ 80,015.02 (Brigham and Ehrhardt, 2014).2) Monte Carlo SimulationMean NpvStandard deviation Npv282.87250282.87250 (Finkler, Kovner and Jones, 2007). The mean of the NPV shows that the financial performance of the company is at the peak. It also indicates that the firm has an exc ellent business platform that is an advantage to the company (Zelman, 2003). The standard deviation seems to be constant which is an indication that the company is doing well in terms of financial performance. The maximum value is 282.87 which is also the minimum value (Khan and Jain, 2007).Project AProject BProject CProject DOutlay Year 0(500,000)(400,000)(120,000)(1000,000)Expected Inflow Year 1 350,000 250,000 90,000 900,000(Quinn, 2007).Cash inflow Growth Rate: 5% Standard Deviation: 1% Discount rate: 20%Time: 5 years 3) Sensitivity analysisUsing the below table the sensitivity analysis can be adequately determined Base-case Unit sales 20,000Price per unit $300Variable cost per unit (200)Cash fixed costs per year (500,000)Depreciation expense $360,000Initial cost of equipment $2,000,000Project and equipment life 5 yearsSalvage value of equipment $200,000Working capital requirement $300,000Depreciation method Straight lineR equired rate of return 12%Tax rate 30%Variable cost Increase by 5.5% every year (Barrow, 2011).  In addition, anticipations for the unit sales, selling price, variable cost per unit and fixed cash operating expenses for the worst-case, base-case and best-case are described in Table 2 (Horne and Wachowicz, 2008). Table 2: Five years case scenarios  Base-caseWorst-caseBest-case Unit sales 20,00015,00025,000Price per unit $300$250$330Variable cost per unit (200)(210)(180)Cash fixed costs per year (500,000)(450,000)(350,000)Depreciation expense $360,000$360,000$360,000 When an individual is trying, evaluate a decision node; write down the cost of each option along each decision line (Brown, 1992). Then deduct the cost from the results value that you have already calculated. This will provide you a value that represents the benefit of...

The Importance of the Act of Reading” by Paulo Freire essay

4 Bredahl Harlie Cheyenne Bredahl Professor Peter Epps Composition II 08 September 2014 IThe Importance of the Act of Reading by Paulo Freire, describes the importance of the act of reading beyond numerous experiences in his life as a child, a teenager, and an adult. Freire begins his article by taking readers back to where he was born, in his home city Recife, Brazil. He uses very itemized imagery to describe the trees, the house and the atmosphere of where he grew up and how the text, words, and letters were incarnated in the series of things, objects, and signs. He describes the trees, the house and the atmosphere of where he grew up and how the text, words, and letters were incarnated in the series of things, objects, and†¦show more content†¦Schools often require reading materials containing unfamiliar subjects to students. Recognizing that there is significance for critical understanding of the text itself as well as the act of reading, this explains why many students today struggle with reading material that is not relevant to their lifestyle. Freire por trays that by the statement, reading the world precedes reading the word, and reading the word implies continually reading the world (Freire 286). A person should read their world, and then interpret it. They can then use their existential experience of the world to connect to what they are reading in print, and better understand it. Reading a text as pure description of an object, and undertaken to mechanically memorize the discrimination, it is neither real reading nor does it result in the knowledge of the object to which the text refers (Freire 284). When a teacher gives a reading assignment, the students that read to memorize the text likely do not gain the significance of what that literary work contextually attempted to deliver, nor is it necessarily understood by the reader. If a student was really taught the significance and meaning of the text instead of mechanically memorizing it, the student should have better outcomes both with gaining the insight of the assignment and the memorization of key points. MechanisticallyShow MoreRelatedComparison Essay1541 Words   |  7 PagesMcDawson Eng. 101 Nov. 27, 2013 Comparison essay of Paulo Freire and Richard Rodriguez Paulo Freire’s essay â€Å"the banking concept of education† and Richard Rodriguez’s essay â€Å"the achievement of desire† talk about the topic of education. Education is explored in many different ways. In Freire’s essay â€Å"the banking concept of education† he expresses his dislike of the education system and the distribution of power and authority in the class room. In his essay, he says that all the power belongs to theRead MoreEducation Is Essential For A Positive Classroom Experience2100 Words   |  9 Pagesneeded to reach our full potential later in life. While education may seem straight forward, there are many ideas as to how it should be successfully presented. I believe that Pratt, Rodriguez, Freire, and I share that educational freedom is vital to a positive classroom experience. Throughout this essay, I will be using their ideas to support why the system of education requires radical reformation. Richard Rodriguez was the son of Hispanic working class parents during the 1940’s. From a very youngRead MoreArgumentative Essay : Argumentative Synthesis2113 Words   |  9 Pagesneeded to reach our full potential later in life. While education may seem straight forward, there are many ideas as to how it should be successfully presented. The authors, Pratt, Rodriguez, and Freire, all share my belief that educational freedom is vital to a positive classroom experience. Throughout this essay, I will be using their ideas to support why the system of education requires radical reformation. Richard Rodriguez was the son of Hispanic working class parents during the 1940’s. From a veryRead More Transcending Herbert Marcuse on Alienation, Art and the Humanities4411 Words   |  18 Pageslest we perish of the truth. Friedrich Nietzsche, The Will to Power #822 What is the relationship of truth to beauty, learning to art, political education to human flourishing? Philosophers from Confucius and Aristotle to John Dewey and Paulo Freire have investigated, as the axial human problem, how education is to help us in accomplishing our own humanization. The contemporary search for a genuinely critical theory and an authentically democratic society continues that project. But what canRead MoreImpact of Print Media on Society10439 Words   |  42 Pages.............................14 Figure 2: Importance (awareness) scores for groups 2 and 4 pretest and posttest ........................55 x LIST OF TABLES Table 1 Rotated Component Matrix of the Media and You Pretest .............................................49 Table 2 Rotated Component Matrix of the Media and You Posttest ..............................................51 Table 3 Results of the Repeated-Measures Analysis of Variance of Importance Scores ................54 Table 4 ResultsRead MoreAlternative Learning Systems9735 Words   |  39 Pagescourse at a medium-security women’s prison. At the beginning of the semester there were 14 students enrolled—8 black, 1 Latino, and 5 white. However, only 7 students completed the course— 3 black, 1 Latino, and 3 white. As critical feminist pedagogues (Freire 2000; hooks 1994) and researchers, our goal is to understand oppression and the reproduction of inequality and also the experiences of the people that live it (Kleinman 2007; Schwalbe et al. 2000). Our understanding of oppression stems not only fromRead MoreDeveloping Management Skills404131 Words   |  1617 PagesBRIGHAM YOUNG UNIVERSITY Kim S. Cameron UNIVERSITY OF MICHIGAN Prentice Hall Boston Columbus Indianapolis New York San Francisco Upper Saddle River Amsterdam Cape Town Dubai London Madrid Milan Munich Paris Montreal Toronto Delhi Mexico City Sao Paulo Sydney Hong Kong Seoul Singapore Taipei Tokyo Editorial Director: Sally Yagan Editor in Chief: Eric Svendsen Acquisitions Editor: Kim Norbuta Editorial Project Manager: Claudia Fernandes Director of Marketing: Patrice Lumumba Jones Marketing Manager:

Developing Manager - 4362 Words

Developing Manager Table of Contents 1.0 Principal and practice of management behaviour 2 1.1 Management Theories 2 1.2 Leadership 2 1.2.1 Leadership Styles 2 1.2.2 Manager vs Leader 2 1.2.3 Motivation 2 1.3 Organizational Culture 2 1.3.1 Types of Culture 2 1.3.2 Factors influencing changes in culture 2 2.0 Prospective Manager 2 2.1 Skill Audit 2 2.2 Personal SWOT Analysis 2 2.3 Development Plan 2 3.0 Roles and Responsibility 2 3.1 Roles 2 3.2 Responsibilities 2 4.0 Career Development 2 4.1 Career Development Plan 2 5.0 References 2 Task 1 1.0 Principal and practice of management behaviour When we consider any field like hospitality, travel, tourism there should be proper management. Effective†¦show more content†¦The autocratic leadership style is seen as an old fashioned technique. It has existed as long as managers have commanded subordinates, and is still employed by many leaders across the globe. The reason autocratic leadership survives, even if it is outdated, is because it is intuitive, carries instant benefits, and comes natural to many leaders. Many leaders who start pursuing leadership development are often trying to improve upon their organizations autocratic leadership style. It has the following characteristics: 1. Manager seeks to make as many decisions as possible 2. Manager seeks to have the most authority and control in decision making 3. Manager seeks to retain responsibility rather than utilize complete delegation 4. Consultation with other colleagues in minimal and decision making becomes a solitary process 5. Managers are less concerned w ith investing their own leadership development, and prefer to simply work on the task at hand. Democratic Leadership is the leadership style that promotes the sharing of responsibility, the exercise of delegation and continual consultation. The style has the following characteristics: 6. Manager seeks consultation on all major issues and decisions. 7. Manager effectively delegate tasks to subordinates and give them full control and responsibility for those tasks. 8. Manager welcomes feedback on the results of initiatives and the work environment. 9. Manager encourages othersShow MoreRelatedDeveloping Manager2016 Words   |  9 PagesTravel Tourism Management, developing manager is very important part. A particular small or big business organization has to raise a concern about the developing manager. Developing manager has now become a strategic achievement for the every organization. But success mostly depends on the organization choose to approach towards the development, organization manager very important part of it. The aim of this assignment identifies and evulate idea s and developing manager, which is based on case studyRead MoreDeveloping manager3489 Words   |  14 Pagesï » ¿The Developing Manager (Unit 7) Ferdousi Uddin Introduction There are certain skills that need to be learned in order to assess the potentiality of someone in becoming a manager. This assignment aims to achieve this by understanding principles and practices of management behaviour, reviewing own potentiality as a prospective manager via stimulations and role plays and how to show managerial skills within a business and services context. Then finally, addressing and analysing a realRead MoreThe Developing Manager1190 Words   |  5 Pagesmanagement is and the job of a manager. A good management can lead a business to success and a skilled manager can lead its team to achieve the goals of an organisation. Generally the term management is suitable for everyone because at one point in the life cycle an individual is managing its own time,is taking decisions,is controlling and planning its day by day life . Management on its basic view is about ,,making things happen,,within an organisation. A good manager will use systems and proceduresRead MoreDeveloping the Global Manager3985 Words   |  16 Pages| Leadership challenges faced by managers leading a multi-national workforce | Developing the Global Manager Report | | | | Glossary HCN: Host Country Nationalsg MNC: Multi-national Company MNW: Multi-national Workforce Contents Page Introduction 4 Aims 4 Objectives 4 Leadership Challenges 5 Recommendations 15 Conclusion 16 AppendixRead MoreConcept Of Developing As A Manager Essay1857 Words   |  8 PagesThe central theme on this is essay is evolved around the concept of developing as a manager. CIPD, 2016 defined management development as the â€Å"structured process by which management enhance their skills†¦. Of both individual and the organisation†. By using this definition I can use a swot analysis of three categories to be reflective upon myself in an organisation, these categories will be communication, teamwork and management research. In my current occupation I look at communication as a strengthRead MoreDeveloping A Training For New Managers1665 Words   |  7 PagesI: Analysis Four Square company is developing a training for new managers that focuses on conflict management. We have found that newly appointed managers sometimes lack the skills to carefully observe their employees behaviors and end up getting blindsided by conflicts that arise because of tension that builds over time. Due to discovering this need we have decided to start the needs analysis process to help us understand if this training should be required. According to Noe, the â€Å"needs assessmentRead MoreDeveloping Future Police Managers?1343 Words   |  6 PagesDeveloping Future Police Managers Introduction It is most probably every police managers’ dream to one-day retire from law enforcement and begin their new life in retirement. Retirement brings the time to enjoy all those things that they did not have time for due to the demands their job. As to when some police executives will retire revolves around the question of, â€Å"Is there someone within the organization that is ready to step-in and take over the operation of the department?† Much debate hasRead MoreManagers Developing Analytical Skills1022 Words   |  4 Pagesinto parts so that you can visualize their relationships. Managers can plan and lead projects successfully if they have analytical skills. They can forecast financial results and develop plans accurately towards achieving goals and objectives by working together with their people. They can finally accomplish their plans and produce predictable results logically in a more systematic manner. Discussion In solving business problems, a manager frequently uses his analytical skills. When a crisis occursRead MoreMcdonald s : Developing The Executive Manager2068 Words   |  9 Pages Student Name:Usman Wahid Student Number: 968822 Unit: Developing the Executive Manager – M6.01 Lecturer: Emdad Aziz Introduction McDonald’s is one of the biggest food shackle all above the globe is assisting remarkable number of clients worldwide daily. McDonald’s has made a higher profile brand picture because its quality food, quick ability, cleanliness, everyday worth and so on. Experienced association, more working arrangement, customer-friendly strategy, present groundwork, dataRead MoreIndividual Analysis: Assessing and Developing Yourself as a Manager3143 Words   |  13 PagesOrganisational Behaviour 550 Assessment 2: Individual Analysis: Assessing and developing yourself as a manager 1.0 Introduction Self-assessment can be described as the means of examining oneself, the team or organisation that they working in, against certain aspects that are significant to ones personality, team or work structure. Self-Assessment tools can be a very useful way to test personal, management and organisational abilities, performance and goals. They

Astronomy 101 - Big Numbers - Lesson 4 Its A Big Universe

Our universe is huge, larger than most of us can even imagine. In fact, our solar system is beyond the grasp of most of us to truly visualize in our minds eye. The systems of measurement we use just dont stand up to the truly immense numbers involved in gauging the size of the universe, the distances involved, and the masses and sizes of the objects it contains. However, there are some shortcuts to understanding those numbers, particularly those for distance. Lets take a look at measurement units that help put the immensity of the cosmos into perspective.   Distances in the Solar System In perhaps a nod to our old belief of Earth as the center of the universe, our first unit of measurement is based on the distance of our home to the sun. We are 149 million kilometers (93 million miles) from the Sun, but its much simpler to say were one astronomical unit (AU). In our solar system, the distance from the Sun to the other planets can be measured in astronomical units as well. For example, Jupiter is 5.2 AU away from Earth. Pluto is about 30 AU from the Sun. The outer edge of the solar system is at the boundary where the Suns influence meets the interstellar medium. That lies about 50 AU away. Thats about 7.5 billion kilometers away from us.   Distances to the Stars The AU works great within our own solar system, but once we start looking at objects outside our Suns influence the distances get very hard to manage in terms of numbers and units. Thats why we created a unit of measure based on the distance that light travels in a year. We call these units light-years, of course. A light-year is 9 trillion kilometers (6 trillion miles). The closest star to our solar system is actually a system of three stars called the Alpha Centauri system, consisting of Alpha Centauri, Rigil Kentaurus, and Proxima Centauri, which is actually slightly closer than her sisters. Alpha Centauri is 4.3 light-years from Earth. If we want to move beyond our neighborhood, our nearest neighboring spiral galaxy is Andromeda. At roughly 2.5 million light-years, its the most distant object that we can see without a telescope. There are two closer irregular galaxies called the Large and Small Magellanic Clouds; they lie at 158,000 and 200,000 light-years, respectively.   That distance of 2.5 million light years is a huge one, but merely a drop in the bucket compared to the size of our universe. In order to measure larger distances, the parsec (parallax second) was invented. A parsec is approximately 3.258 light-years. Along with the parsec, larger distances are measured in kiloparsecs (thousand parsecs) and megaparsecs (million parsecs). One other way to denote very large numbers is something called scientific notation. This system is based on the number ten and is written like this 1 Ãâ€" 101. This number equals 10. The small 1 located to the right of the 10 indicates how many times 10 is used as a multiplier. In this case once, so the number equals 10. So, 1 Ãâ€" 102 would be the same as 1 Ãâ€" (10 Ãâ€" 10) or 100. An easy way to figure a scientific notation number out is to add the same number of zeros at the end as the small number to the right of 10. So, 1 Ãâ€" 105 would be 100,000. Small numbers can be written this way as well by using a negative power (the number to the right of 10). In that case, the number will tell you how many places to move the decimal point to the left. An example: 2 Ãâ€" 10-2 equals .02. Edited by Carolyn Collins Petersen.

Leadership Styles And Purposes Leadership - 857 Words

Essay 1.[LO 1] Process, Practices and Purposes Leadership Answer 1: Leadership clearly defines as the action of leading a group of people or an organization, or ability to lead. Here I discuss two styles of leadership that is: †¢ Autocratic Leadership †¢ Participative Leadership Below I discuss each style in details with example 1. Autocratic Leadership This style of leadership is described by controlling the individuals of the team over all choices and little contribution from the team leader in the association. This authority style has gotten to be something of a vestige in today s modern conditions for businesses. The reason for this is because most of the representatives work better without the bossiness of their supervisor around†¦show more content†¦2. Participative Leadership: This style of leadership builds up a cheerful way of going through the strategies for a business to work. The supervisors with participative style back-off and permit their team member to tap their inventively and think freely, while as yet keeping up enough control to direct the general vision of groups without forcing their own vision on their choices. To put it plainly, leaders give them a considerably more prominent lead and are all the more trusting of choices. It enhances the comprehension of issues required by the individuals who must complete their choices. Certain individuals are more dedicated to activities where they have included in the significant leadership. Participative managers are not so much aggressive but rather more community oriented when taking a shot at joint objectives. At the point when managers settle on choices made by the team and all agreed on that together, the social duty to each other is more prominent and subsequently expands their dedication to the choice. A few people choosing together settle on preferred choices over one individual alone. Example: Donald Trump The personality itself seen as more of a dictator rather than an executive, TrumpShow MoreRelatedM3.10 Introduction to Leadership and M3.36 Leading a Team Effectively966 Words   |  4 PagesINTRODUCTION TO LEADERSHIP AND M3.36 LEADING A TEAM EFFECTIVELY Criteria Descriptors Connect the team with vision and strategy †¢ Explain the importance of the team having a common sense of purpose that supports the overall vision and strategy of the organisation or project †¢ Explain the key role that communication plays in establishing a common sense of purpose and assess the effectiveness of own communication skills Referral †¢ What is meant by ‘having a common sense of purpose’ is not addressedRead MoreCore Elements Of Strategic Leadership Essay1379 Words   |  6 Pages2 The core elements of strategic leadership The above provides the basis for understanding strategic leadership, as it helps to forge the basis components of what the style is about. In order to go deeper into the workings of the framework, you need to examine the different components of it. In this section, we’ll first explore the essential components of the leadership style, before outlining the key steps a strategic leader needs to take for the framework to work efficiently and effectively. Read MoreTransformational Leaders : Organizational Values, Aspirations, And Ethical Measurement1428 Words   |  6 Pagesthe leadership and the followership. The developments further drive the followership to accomplish the necessary right and appropriate good that falls within the vision and mission of the organization. Believing in the core organizational values, the transformational leader expects high performance from the followers. The followers enter the process of being a transformational leader by adding increasing influence, inspiration, and intellectual stimulation from the leader. This leadership styleRead MoreThe Difference between a Leader and a Manager885 Words   |  4 PagesDecision making can be perceived to be the only defined hallmark of a genuine leader. This relates tour understanding of leadership as a verb; something we do as opposed to what we are. This narrow definition however, misses the point that leadership is not necessarily the function or role of only a leader rather, leadership as a concept represent the coming together of many component including organization hierarchy, strategy and those prepared to follow and enact. It is not simply enough thereforeRead MoreEthical Leadership Styles As Tools For Influencing Organizational Culture751 Words   |  4 PagesThe purpose of this paper is to discuss ethical leadership styles as tools for influencing organizational culture while respecting the diversity of cultures embodied by employees. The variety of leadership styles are because of the cultural influences, people of different cultures have diverse beliefs and expectations about what is perceived as effective leadership (Jogulu, 2010). Due to the global environment were organizations operate, it is necessary to identify leadership models that willRead MoreAuthentic Leadership : Leadership Theory And The Work Of Bass And Steildmeier1259 Words   |  6 PagesAuthentic Leadership Similar to servant leadership, authentic leadership has developed from questionable business practices and general societal fear and uncertainty in times of peril (Northouse, 2016). One of the newer areas of leadership, authentic leadership has risen from the search for honest, trustworthy, and positive leadership approaches (Northouse, 2016; Nyberg Sveniningsson, 2014). According to Northouse (2016), the concept of authentic leadership originates from transformational leadershipRead MoreEssay on Applied Business Research Case Study935 Words   |  4 Pagesthe world’s biggest corporations to failure, researchers and business leaders realize the need for ethical and sound leadership. The need for ethical and sound leadership helps to facilitate and manage daily operations and to sustain their competitive advantage within the global economy. However, with this evolution, numerous research studies add to the understanding of leadership theories and the effects on organization al climate and culture. The following findings concentrate on research limitationsRead MoreIlm Leadership859 Words   |  4 PagesTitle: Assessing your own leadership capability and performance (M5.29) 5 6 Assessment criteria (the learner can) 1.1 Review the prevailing leadership styles in the organisation Assess the impact of the prevailing leadership styles on the organisation’s values and performance Level: Credit value: Learning outcomes (the learner will) 1 Understand leadership styles within an organisation 1.2 2 Be able to review effectiveness of own leadership capability and performance in meetingRead MoreMalaysian Leadership Style and Employees Organizational Commitment 953 Words   |  4 PagesBibliographical Entry Lo, M.C., Ramayah, T., and Min, H.W., (2009). Leadership styles and organizational commitment: a test on Malaysia manufacturing industry. African Journal of Marketing Management, 1 (6), 133-139. Problem In Malaysia it was a common complaint that employees were no more loyal as they used to be in the passed. Employees would tend to leave their companies for slightly better pay due to low commitment. Hence, the biggest challenge for Malaysian organizations was to provoke aRead MoreThe Effect Of Leadership On Performance Essay1167 Words   |  5 PagesIntroduction Various research efforts have aimed to examine the effects of leadership on performance. In recent times, however, the emerging focus on leadership has particularly been on leadership styles. Beginning from business organizations, the influence of leadership styles has been studied even in educational settings. Among the leadership styles that have received significant coverage is the transformational leadership style. It is of significance for one to have the ability to analyze the research

Illegal Drug Control Free Essays

Those questions are addressed in this report which reviews drug ppolicy and results in Australia. In 1998, United Nations Member States met in a Special Session of the General Assembly and agreed to take tougher action to reduce both the illicit supply of, and the demand for, drugs before 2008. Australia has taken that pledge seriously. We will write a custom essay sample on Illegal Drug Control or any similar topic only for you Order Now In 1998 it introduced a â€Å"Tough on Drugs Strategy† that aims to reduce drug supply, trafficking, and demand as well as the harm caused by drugs. This Strategy seems to be working: drug use levels have dropped significantly. Indeed, the turn around has been dramatic. To improve global efforts to contain the threat posed by drugs, the United Nations Office on Drugs and Crime (UNODC) seeks to increase the body of knowledge available to ppolicy makers. That includes collecting success stories. If Australia continues to build on its recent progress, it too could become a success story and provide inspiration and valuable lessons for other countries. This report, following a ssimilar UNODC study of Sweden’s drug ppolicy (2006), aims to contribute to a growing body of evidence that will help countries bring their drug problems under control. Antonio Maria Costa Executive Director United Nations Office on Drugs and Crime 3 In response to increases in drug abuse in the 1990’s Australia implemented a vigilant drug control strategy. As this report makes clear, drug control has long been a priority of recent Governments and effective changes in recent years were due to pro-active, empirically-based drug control strategy, and a well developed system of services at the state and local levels. This report analyses the developments and changes in Australia’s drug policies over the last decades and their impact. Australia implemented a rather repressive drug control ppolicy from the beginning of the 20th century. This worked well until the 1970s. Australia shifted to harm-reduction approaches as of the mid 1980s, with a sthrong emphasis on prevention and treatment. This helped Australia to avoid a large-scale injecting drug use (IDU) related HIV/AIDS epidemic. In contrast to alcohol and tobacco where Australia achieved remarkable demand reduction through prevention activities, drug abuse continued rising and reached alarming levels by 1998. In 1998 Australia introduced a National Illicit Drugs Strategy â€Å"Tough on Drugs† which strengthened the supply control aspects without weakening demand-side interventions or giving up harm-reduction approaches. In the case of heroin, the strategy focused clearly on a reduction of supply. There followed higher heroin prices, lower heroin purity and ultimately substantially lower levels of heroin consumption. Drug related deaths declined, as well as drug related crime. WHICH OF THE FOLLOWING PROVIDES THE CLEAREST INDICATION OF A DRUG ADDICTION? Answer at this question at  https://donemyessay.com/unit-5-review/ Use of other drugs also declined, both among the general population and among secondary school sstudents- mainly due to improved prevention and treatment activities and more funds made available by the authorities to drug control in general. The Australian National Council on Drugs (ANCD) incorporated many of the leading drug experts of the country and strengthened calls for higher budgets in the fight against the drug problem. Australia’s drug ppolicy has been based on a broad ppolicy mix of supply reduction, demand reduction and harm minimisation policies. In addition, Australia has made commendable efforts at advancing the knowledge base for policy making. The country has consistently conducted in-depth research and evaluations of its various strategies and programmes – subsequently adjusting them according to efficacy. This concentration on empirically-based ppolicy formulation continues to demonstrate positive results. The drug ppolicy was largely bi-partisan in nature as the States as well as the federal Government participated in its formulation and implementation (Until recently, the individual States were governed by different political parties than federal Australia). A new Australian Government, elected in late 2007, is yet to leave its mark on domestic drug strategies. How to cite Illegal Drug Control, Papers

Capital Asset and Pricing Model

Questions : 1.A Critical Assessment of The Capital Asset Pricing Model (CAPM)You are required to- (a) Describe the Capital Asset Pricing Model, including the assumptions underlying the theory. (b) Explain the relationship between the Security Market Line and the Capital Market Line, using diagrams and examples to illustrate your explanation. (c) Briefly set out arguments in favour of and against - the theory, outline its uses and make a critique of its underlying assumptions. (d) dentify any alternatives which have been suggested in place of CAPM. (e) Conclude with an overall assessment of the theory and state any recommendations you may have from your study. (f) Conclusion a brief overall assessment of the CAPM theory. 2.You are required to work the following problem, using a discounted cash flow (NPV) analysis. Gordon Hall is considering replacing an old machine with a new one from Li Ho. The old machine (bought 5 years ago from Tom Lee) cost $340,000, while the new one will cost $280,000, fully financed by a 5 year 9% per annum interest only loan. The new machine will be depreciated prime cost to $50,000 over its 5 year life. Gordon estimates that it will be worth $40,000 (salvage value) after 5 years. The old machine is being depreciated at prime cost to zero over its original expected life of 10 years. However, George can sell the old machine today for $86,000. The new machine will save Gordon $70,000 a year in cooling costs. Other costs are that, one year ago, a feasibility study on the new machine conducted for Gordon by an external firm of consultants, cost Gordon $20,000. With the new machine, Gordon will also lose $10,000 of sales of another product to Tom Lee. With the new machine, a one-off amount of cleaning supplies (current assets) at a cost of $9,000 will be required, and Henry estimates that accounts receivable (also current assets) will increase by $14,000. Both of these increases in working capital will be recouped at the end of the new machines life in five years time. Gordons cost of capital is 9%. The tax rate is 30%. Tax is paid in the year in which earnings are received. (a) Calculate the net present value of the proposed change, that is, the net benefit or net loss in present value terms of the proposed changeover. (b)Should Henry purchase the new machine? State clearly why. Answers : (1)Introduction Capital Asset pricing Model (CAPM) has been on the most important theories related to financial management and modern financial economics that has applications in project financing and securities market with respect to estimation of cost of capital of the firms and evaluation of the performance of the portfolios respectively. It is one of the most widely used models although has been challenged several times with respect to its applications and accuracy. This essay provides the basic understanding of the CAPM by highlighting the assumptions underlying the theory. Further the relationship between the Security Market Line and the Capital Market Line is studied. The essay also discussed the applications, benefits and limitations of CAPM. Lastly the recommendations have been made for the alternative of CAPM or what adjustments can be made to CAPM to reduce the effect of limitations. Capital Asset Pricing Model CAPM provides the relationship between risk and expected return. This relationship is given by the mathematical formula Here is expected return is the risk free return is sensitivity of the asset to the changes in return on market is the expected return of the market The relationship that is given by the CAPM is useful in two ways. Firstly it provides benchmark rate of return that has to be expected from the given investment opportunities. Secondly it is employed for forecasting the returns to a certain extent. There are certain assumptions based on which CAPM has been developed. These are as mentioned below Risk Return interest of investors: The investors are risk averse and desire more return on investment. The risk will be avoided if the return is same on two investment options. Diversified portfolio is held by the investors: This assumptions is based on the fact that it has been assumed that there is no unsystematic risk and that Borrowing at risk free rate: Another assumption is that the investors can invest in high return investments by borrowing at risk free rate. Short Selling: There is no restriction on short selling in the market and all the investors can trade in all the available options. The buying or selling of the stock will not have any impact on the prices. Perfectly efficient market: It is assumed that the market is perfectly efficient and that same information is available to all the investors. There is no transaction cost or any other tax that is applicable. Based on these assumptions the CAPM model has been developed. The other aspects with respect to CAPM have been discussed below. Security Market Line Capital Market Line Capital Market Line (CML) is used in CAPM for illustrating the return from efficient portfolio which is dependent on the risk free rate and the level of risk associated with the portfolio. CML is the relation of return with risk measured in terms of standard deviation. On the other hand Security market Line (SML) shows the relationship between the beta of the stock and the return associated with it. The efficient frontier that has been shown in the above diagram is the set of all optimal portfolios that offer highest expected return for a given risk level or the lowest risk. The portfolios that lie below the efficient portfolio are over-valued as optimum expected return isnt there whereas the portfolio that are above the CML have higher risk. The equation of CML is shown below. The securities, asset or portfolio that are above the SML are underpriced whereas that below the SML are overvalued. One of the most important differences between the CML and SML is that CML is applicable to the portfolio whereas the SML is applicable for security, asset or portfolio. Further the other difference between the SML and CML is that SML identifies risk in terms of beta whereas in CML standard deviation is the measure of risk. Applications of CAPM CAPM has its applications in different segments. These have been discussed below Portfolio analysis: CAPM has its application in portfolio analysis. Based on the CML that has been discussed above it can be estimated whether the portfolio is under-valued or over-valued. Efficient portfolios lie on the CML. Further the assets that are above the SML are underpriced relative to as expected based on CAPM whereas the assets that lie below the SML are overpriced in relation to as signified by CAPM. Investment Decisions: the investment decisions with respect to the value of the project and the return it can generate may be estimated based on the CAPM. Applications to capital Budgeting: CAPM is employed for establishing the hurdle rate for the projects. Thus based on the CAPM WACC can be estimated which can further be used for the estimation of the Net Present value (NPV) or Internal Rate of Return (IRR). The above applications suggest that decision making has been simplified based on the CAPM model and the consideration may be given to other factors rather than the cost of capital or the estimation of returns at the primary level. Benefits and Limitations CAPM has been one of the most important and has been implemented vastly in various studies. There are certain benefits which support CAPM in contrast to other theories and models that have been developed. Systematic Risk Estimation: the linear relationship that has been mentioned above is represented by the Security market Line highlighting the relation between the beta, market risk and the expected return. Further the unsystematic risk is eliminated making the model quite simple and easy to understand and implement. The empirical testing of CAPM shows that despite its inaccuracies it is much more reliable than the other models such as arbitrage pricing model etc. It is believed that CAPM can be the basis for the further study and improvement in the estimation of return in comparison to other models. There are certain limitations of CAPM that have been discussed below Firstly CAPM is based on certain assumptions. The assumptions that have been mentioned earlier such as no transaction cost, taxes or effect of inflation on the market are unrealistic. This effects the reliability of the CAPM. For example in the recent past the CPM has poorly explained the stock returns in USA and UK market as there has been considerable impact of these factors. There are certain limitations with respect to the methodology that is adopted in CAPM. The return measured by the CAPM is a function of risk. The relative volatility of the investment is the basis of estimation of return. However this is important to understand that the volatility may be higher in comparison to what is depicted by CAPM. Secondly the index that has been selected as the market proxy may not be relevant enough to measure the returns on the investment. Lastly, as mentioned above the applications of CAPM is in estimation of weighted average cost of capital. Since CAPM uses historical data and it is expected that the same relation as depicted by the historical data will be applicable. However the impact of other factors impacting the performance in future also has to be considered. Conclusion Recommendations CAPM is certainly one of the most useful models that has its applications in budgeting, securities and project appraisal. The various benefits of the model show why this has been adopted across the financial sector. On the other hand the limitations highlight the need to conduct studies on the model and develop alternatives to CAPM and ways by which this can be implemented (Fletcher Kihanda, 2005). One of the ways is to introduce the parameters such as kurtosis and skewness in the CAPM. Certain recommendations have been discussed below to improve the reliability of the CAPM and reduce the limitations associated with the model. Multi Beta Models: CAPM is single beta model which is for highlighting the relation of return with the market. However there can be several other factors impacting the returns and thus it may be useful to introduce several other factors related to other factors impacting the returns Market Price Based Models: The beta calculated by the CAPM is based on the correlation of stock and the market, standard deviation of the market and the stock. The correlation factor may be highly unstable and may have huge variance over the period. The market based models estimate the relative risk and thus dispense off the correlation factors. The relative risk is estimated by the division of standard deviation of the stock by the average standard deviation of all the stocks in the market. This may be lengthy and complicated. Accounting based Models: This is the accounting based risk measurement also known as accounting beta. Under this method the detailed study of the cost structure of the company is conducted. Based on this asset beta is developed from the equation shown below This is more realistic as the return is dependent on the profitability rather than the movement in the stock price. Another method to use accounting information based model is creation of scaled risk measurement with respect to certain accounting ratio that is important from the viewpoint of the asset. Apart from this various other studies have been conducted and it shows that the validity of CAPM may be improved by using more data and data that isnt too old or is based on different market conditions. This ensures that the realistic market parameters and conditions are employed. (2) The NPV has been calculated for the proposal. This has been shown below Year 0 1 2 3 4 5 Value of Old Machine 170000 Cost of New Machine 280,000.00 230,000.00 180,000.00 130,000.00 80,000.00 30,000.00 Depreciation/ Principal Payment 50,000.00 50,000.00 50,000.00 50,000.00 50,000.00 Loan for the year 255,000.00 205,000.00 155,000.00 105,000.00 55,000.00 Interest Payment for the year 22,950.00 18,450.00 13,950.00 9,450.00 4,950.00 Salvage Value of Old Machine 86,000.00 Salvage Value of New Machine 40,000.00 Saving in Cooling Cost 70,000.00 70,000.00 70,000.00 70,000.00 70,000.00 Loss of sales 10,000.00 10,000.00 10,000.00 10,000.00 10,000.00 Working Capital Requirement 23,000.00 Working Capital Recoup 23,000.00 Cash Flow 63,000.00 (12,950.00) (8,450.00) (3,950.00) 550.00 38,050.00 Tax - - - - 165.00 11,415.00 Net Cash Flow 63,000.00 (12,950.00) (8,450.00) (3,950.00) 385.00 26,635.00 Discount Factor 1.00 0.92 0.84 0.77 0.71 0.65 PV of Cash Flow 63,000.00 (11,880.73) (7,112.20) (3,050.12) 272.74 17,310.92 NPV 58,540.61 Several assumptions have been made. These have been mentioned below 1. No tax will be applicable on the sale of the old machine. This is because the originalprice of the machine is $340,000 and its life is 10 years. Since it is depreciated based on straight line method the value of the machine after five years will be $170,000. Since the machine is being sold at a price less than its actual value no tax will be applicable. 2. The depreciation that is being calculated for the new machine is considered as the repayment amount of the loan that has been taken for the purchase of the new machine. This has been reduced from the cash flow. 3.The interest is calculated on the average of the principal amount at the start of the year and that at the end of the year. 4. All the payments, savings, losses and sale are considered to be occurred at the end of the year. 5. At the end of five years, tax is paid for the sale of new machine for the amount in excess of the salvage value. After considering the depreciation of $50,000 for the five year period the salvage value is $30,000 whereas the sale of old machine is at $40,000. There is gain of $10,000 and tax has been calculated on this amount. 6. The working capital requirement is considered at the start of the year while the recoupment of this is considered as the gain and tax is considered on this as well. 7. The cost associated with feasibility study has not been considered as this is the sunk cost for the company. This is because even if new machine is not purchased the cost cannot be recovered. In the given situation the purchase of the new machine can be considered. This is because there is significant cash inflow and the NPV is positive. However further study with respect to the savings and the discount rate may be conducted. Even if the discount rate increase the cash flow will be positive as the inflow from the old machine is there. If this inflow from the sale of old machine is not considered, because there is loss of $84,000 in old machine, the NPV will be negative. Considering this the machine should not be purchased. However this may not be considered since only the cash flow will have to be seen. This has been shown above based on which NPV is positive. References Damodaran, A. (2011). Alternatives to the CAPM: Part 1: Relative Risk Measures. [online]. Fletcher, J. Kihanda, J. (2005). An Examination of Alternative CAPM-Based Models in UK Stock Returns. Journal of Banking Finance. volume 29. no. 12. Pp. 65-66 [online]. Knox, D.R. (2011). Examining CAPM in Today's Markets. Toms, S. (2012). Accounting based risk measurement: An alternative to CAPM derived discount factors. The York Management School. Working Paper No. 68. ISSN Number: 1743-4041. [online]. Machado, J.J.G. (2013). THE CAPITAL ASSET PRICING MODEL (CAPM). Fama, E.F. French, K.R. 92004). The Capital Asset Pricing Model: Theory and Evidence. Journal of Economic PerspectivesVolume 18, Number 3. Page 25-46. [online].

Diet of FishCan Prevent Teen Violence free essay sample

I have read the article, â€Å"Diet of fish ‘Can Prevent’ Teen Violence† which was based on psychological research. There are a few things that don’t make since and a few things in the article I think will need to be explained. Such as if the information supports the headline, identifying a third variable, what potential problems result from the inaccurate implication of causation rather than correlation given by the headline, and rewording the headline in hopes of accurately describing the possible correlation between fish and violent behavior. First of all, I believe that the headline does not support the information in the article because it did not explain in great detail how a diet of fish was to prevent teen violence. Plus the article shifts to anti-social and biological behavior instead of focusing on how feeding children a diet rich in fish could prevent violent behavior in teens. Secondly, Professor Adrian Raine, a leading psychologist at the University of California used magnetic resonance imaging to study the brains of people with less lethal anti-social personality disorders. We will write a custom essay sample on Diet of FishCan Prevent Teen Violence or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page And he found an 11 per cent reduction in the volume of neurons – so-called grey matter – in their prefrontal cortex compared to the average. I believe that the â€Å"third variable† is that they also showed lower heart rates and sweated less when stressed, a sign of blunted emotional responses which could affect their ability to empathize with victims. Thirdly, the potential problems that could result from inaccurate implications of causation rather than correlation given by the headline is that even in one of Raine’s studies one prolific serial killer differed from the others by not only having a undamaged frontal lobe, but also unusual patterns of activity in other parts of the brain. Therefore there is a possibility that a potentially violent and dangerous person could be considered normal. Fourth of all, I believe that the headline should be reworded to say â€Å"Diet of Fish ‘could Possibly Prevent’ Teen Violence†, I think that this title fits better and gives a little leeway for error. Finally I believe that this article is quite accurate and could possibly help lessen crime.

Ways to Enhance Writing Skills and Become a Better Writer

Ways to Enhance Writing Skills and Become a Better Writer The Most Effective Ways to Become a Better Writer I believe that writing is something more complicated than putting words together. It is about creating stories and sharing personal points of view with readers. Some people write to make money, others to express their creative personality. However, all writers want to impress their readers, thus, they need to write better and better. Developing writing skills is a hard work. It requires creating a new habit that can be acquired with continuous practice. Many things can be done to attract readers attention to your writing, but the most important one is to express your thoughts in a clear, comprehensive and grammatically correct way. A Few Tips to Enhance Your Writing Skills: Always proofread your writing. After finishing your piece of writing, take a pause, thus you will be able to look at your writing from a different perspective. Re-read your paper two or three times. At first, you will remove typos, illogical parts, and stupid mistakes. During the second look, you will notice serious grammar and stylistic errors. Always read the article aloud to perceive it from a readers perspective and this will help you with the structure of your paper. Draft your paper today, edit - tomorrow. Do not send your paper right after writing and proofreading it. If you have enough time, keep you mind off your article. The best decision is to edit your paper on the next day when you will have a fresh mind. You will not be exhausted and will notice general mistakes (if you missed them during proofreading). Ask your friend/colleague/classmate to proofread your paper. Do not be afraid to ask another writer for his/her opinion. This will make your article error free. Also, you can pay someone for proofreading or editing services. Do not repeat the same word/phrase. Use different words. Make your paper interesting, lexically rich and more attractive to readers. Do not repeat the same words, but find synonyms. For this purpose, you can use thesaurus.com. Use spell checkers. Spell checkers are very handy in finding typos in spelling. They are just time and nerves savers, so do not be lazy and use spell checking (even MS Word has such an option). Improve your grammar. Languages are constantly developing so writers need to follow new tendencies, styles, etc. Grammar shows the quality of your paper. Who wants to read an article full of grammar mistakes? Poor grammar shows disrespect to your readers. So get your high school grammar book and improve your knowledge. Read high-quality articles. If you want to be the best writer, you need to learn from the best writers. Find blogs that you really love and keep reading them. You will find inspiration as well as some writing tips and original ideas. In this article, we have presented our ideas on how to make your writing skills better. Follow our pieces of advice and you will find yourself a better writer soon. We will be happy to hear your writing tips, so please leave your thoughts in comments section. Stay tuned!

The 9 Best Places to Do Community Service

The 9 Best Places to Do Community Service SAT / ACT Prep Online Guides and Tips Community service is a great way to help others, as well give you valuable skills and experiences.There are a lot of ways to get involved in community service, and choosing the best place to volunteer your time can be difficult. Our guide gives examples of some of the top places to do community service, as well as steps to help you decide which place is best for you. What Is Community Service and Why Should You Participate in It? Community service is work done by a person or group of people that benefits others. It is often done near the area where you live, so your own community reaps the benefits of your work.You do not get paid to do community service, but you can include your experience on your resume and college applications. There are many benefits to participating in community service; some of the most common are listed below: Gives you an opportunity to help others Helps you gain experience and new skills Helps improve your community Chance to make new friends Can cause personal growth How Can You Decide Where to Do Community Service? There is no community service location or activity that is â€Å"best† for everyone.You should decide where to perform community service based on your interests and skills, as well as your community’s demand for volunteers. Ask yourself the following questions: What Do I EnjoyDoing? Do you like working with kids? You may want to consider volunteering at a school. Are you an animal lover? Maybe a local shelter is the best place for your community service.Doing something you like will make your community service more enjoyable, and make it more likely for you to continue volunteering. What Kind of Career Do I Want? It’s not a requirement, but if your community service helps you get skills needed for future jobs, that’s an added bonus that will give you extra motivation as you volunteer.For example, if you want to be a doctor, you may consider doing community service at a hospital or nursing home. Which Problems Do I Want to Help Solve? Are you concerned about the environment? Animal cruelty? Education standards?Chances are you’ll be able to find a community service project related to an issue you care about. Which Places in My Community Are Important to Me? When I was a teenager, I chose to do community service at my local library because I had spent many afternoons there while growing up. Participating in the library’s summer reading program as a child had led to my love of reading, so when I got older, I felt good about volunteering for the program and helping other kids learn to love books.If there is a particular place in your community that’s important to you, whether it’s a park you played at as a child or the nursing home where your grandfather lives, performing community service there lets you show your gratitude and appreciation. Where Can You Find Ways to Participate in Community Service? Your School If you are a student, see if your school has any clubs for people interested in performing community service; many highs schools have a volunteering organization or something similar. Your Community Center This is wherever your community posts notices and information. It could be at a town hall, community meeting place, or on your town’s website.In addition to other information about your community, people and places looking for volunteers will often post notices here. Places Where You'd Like to Volunteer If you have a specific place where you’d like to perform community service, such as a nursing home or animal shelter, contact them and ask if they take volunteers. Online Sometimes a simple internet search can get you numerous volunteer opportunities. Search â€Å"community service ideas near [your town]† and see what comes up. The 9 Best Places to Do Community Service Below is a list of the most common places to perform community service. Each place has a brief description, examples of work you might perform as a volunteer and suggestions for the types of people who might be most interested in performing community service there. Hospitals Hospitals are often in need of volunteers for a variety of activities, and while you probably won’t start off with a lot of responsibility, if you volunteer at the same hospital for an extended period of time, you will likely be given more duties that you may be able to tailor to your interests. Examples of work:Delivering gifts to patients, interacting and playing with young patients, stocking medical supplies, and transporting patients to different rooms. Good for people who:are considering a career in the medical field, enjoy fast-paced work, and aren’t squeamish around illness. Schools Schools are one of the most popular places to perform community service, and many are in frequent need of volunteers. You can volunteer at your own school, a school you used to attend, or a different school. Examples of work:Tutoring students, chaperoning events, creating school murals, and supervising after-school programs. Good for people who:like working with children or teenagers, are creative, enjoy teaching, or are considering a career in education. Animal Shelters Animal shelters often have small budgets and a large number of animals who need to find homes, requiring many of them to need volunteers so that they can maximize the number of pets they care for. Examples of work:Feeding animals, cleaning cages, providing basic veterinary care, walking dogs, and interviewing potential owners. Good for people who:enjoy spending time with animals or are considering a career in animal care. Nursing Homes Many nursing homes and retirement communities rely on volunteers to keep residents active and organize fun events. Examples of work: Reading to or interacting with residents, hosting events like dances and bingo nights, and assisting residents with daily activities. Good for people who: enjoy spending time with senior citizens, are considering a career in health care, or have an outgoing personality. Food Banks Food banks, also known as soup kitchens or food depositories, are places where people can donate food that is then given to homeless or low-income people. Food banks provide several billion meals a year, and they rely on volunteers to continue their work reducing hunger. Some also grow their own food and serve meals on-site. Examples of work: Sorting food donations, organizing food drives, and delivering meals. Good for people who:enjoy cooking or gardening, don't need a lot of interaction with their beneficiaries or enjoy helping the poor as a social issue. Places of Worship Churches, synagogues, and other places of worship regularly have opportunities for community service. These activities can be related to the religion and spreading its message, but other times they are completely secular. Examples of work: Participating in mission trips, building houses, collecting donations, and teaching a religion class for children. Good for people who:enjoy their place of worship's sense of community or are interested in spreading their religion’s message. Libraries Your local library probably has multiple options for community service. Demand tends to be particularly high in the summer when more families visit and participate in library programs. Examples of work: Helping with a summer reading program, organizing donated books, helping with office work, and greeting and assisting patrons. Good for people who:enjoy reading, like working with children, or are good at organizing things. Museums Museums often need volunteers, and they can be a great place to do community service because you can choose a museum that focuses on your interests, whether that’s art, history, or something else. Examples of work:Cataloging specimens, leading tours, greeting guests, and assisting at special events. Good for people who:enjoy teaching, are interested in the museum’s exhibits, or are considering a career in the museum’s focus, such as natural history or art. Parks or Natural Areas Many natural areas are in need of volunteers as well. These places can range from a famous national park to the small playground down the street. Examples of work: Planting trees, collecting trash, designing gardens, creating new walking paths, and collecting data on wildlife. Good for people who:are interested in the environment or enjoy being outdoors. Note that these ideas are just starting points- definitely think about your own interests, research the options, and then branch out to find a really good fit! What's Next? Thinking about doing community service in a foreign country? Read our guide on whether you should participate in a volunteer abroad program. Do you want to know more about community service in general? Read our guide on what community service is, how it benefits you, and how to start getting involved. Wondering how your community service can help you apply to college? We have a guide that explains how to write about your extracurriculars on college applications.

Request for Proposal Assignment Example | Topics and Well Written Essays - 750 words

Request for Proposal - Assignment Example MemaTech Company is a comprehensive solution for integration of large networks that assists companies overcome the technical and operational hurdles by documenting and discovering the networks of the two companies in the first week, plan the virtual network merge in the company within the first month and execute the network merge with proper connection within the first year. During the first week, MemaTech Company will discover and then document the pre-merge network (Janevski, 2003). The organization will perform a discovery of null network and Q-map for documentation of the topology and design of L3/L2. Therefore, the merged companies will have the benefit of updating their network knowledge. MemaTech Company is a knowledge station that will minimize the need of conventional transfer efforts like meeting. During the first month, the company will perform virtual merging. Here the company will leverage the discovery results. MemaTech will create three workspaces that will include the workspace for Company A, workspace for Company B, and workspace for company A and B. From there the hurdles of merging the network will be dealt with inside the company. The company will discover the IP addresses that over plan or planning the migration of the IP addresses. Here the company will compare the IP tables for Company A and Company B to come up with the IP addresses that overlap. The plan is as shown below MemaTech Company will analyze the routing protocol for the two companies, and provide both a graphic and listed view of the information that was collected (Janevski, 2003). For instance if both companies use the two area-Os exist and OSPF, the company will quickly leverage the issue. The company will use the routing table to compare features to spot the problematic routes that needs merging. As shown in the diagram below MemaTech Company will further