Essay on Transplants - 1423 Words

Transplants How many times have you been in line to get a new drivers license and heard the clerk ask very plainly and without any real inflection of voice, would you like to be an organ donor? You don’t know if you should answer yes or no. What if you answered yes? What would you need to do to have your wishes fulfilled? I will inform of what you need to know to have your wishes carried out. Who can donate organs, and how many people are waiting in KY and Nationally for an organ transplant. I will inform you of the organ waiting list the good and the bad. Who is on the waiting list and how long they can expect to wait? What can be done to shorten the time on the organ waiting list? We have all heard the question; would you†¦show more content†¦Everyone is looked at as a donor regardless of age and general health. â€Å"Most everyone can give someone a second chance at life.† Second Chance At Life Non Profit LouisvillKY .A division of KODA. more than 580 people age 65 and older were organ donors. To determine if someone can be a donor, an organ recovery coordinator conducts an evaluation at the time of death. The coordinator looks at the patients past medical and social history, as well as present medical condition. This is done in a confidential manner.www.optn.org Currently there are 99237 people on the waiting list for a transplant according to OPTN. www.OPTN.org â€Å"The average person can expect to wait three to four years. 7000 people die each year while waiting for a life saving organ. Modern Healthcare 1/28/2008 vol.38 issue four P17-17 Op Article. Living donors can shorten the waiting list time for an organ transplant. A living donor is someone who can donate an organ without the loss of life. The most comman donation is Kidney and Bone marrow. Marrow transplants are the only hope for survival for many children and adults with leukemia, aplastic anemia, and other fatal blood diseases and cancers. Unfortunatel y, nearly 70 percent of these patients cannot find suitably matched marrow donors within their families. They need to find unrelated marrow donors - people who have volunteered to donate marrow if ever matched with anyShow MoreRelatedBenefits Of A Transplant Or A Kidney Transplant1646 Words   |  7 Pagesbest friend got in a car accident and needs a kidney transplant. When the doctor receives the news that you’re the only applicable person because of blood type, all eyes are on you. What would you do? Would you give or keep? Savings lives can be something that is dreaded or heroic. In fact, each day, an average of 79 people receive organ transplants because of the generous. However, an average of 21 people die each day waiting for transplants that can t take place because of the shortage of donatedRead MoreTransplant Surgery1118 Words   |  5 PagesTransplant surgery can be a very incredible topic. The act of exchanging organs or even body parts to help or even save anoth er persons life is truly amazing. Transplant surgery can save many lives without even affecting the donor at all. Organs can come from any body whether it be deceased, alive, or brain dead. New studies are even trying to get animal organs into humans who need them. The value of having transplant surgery weighs more than not being able to benefit or save someone s life. ThereRead More Organ Transplant2291 Words   |  10 PagesAn organ transplant is a surgical operation conducted to replace an organ unable to function properly with a new one. An organ, in turn, is an accumulation of cells and tissues gathered to perform the functions of body. Therefore, any part of the body which acts as a performer of specific function is called an organ. There are two possible ways of how the organ donation (OD) can take place. The first is the donation of cadaveric organs (organs from recently deceased people). The decision to donateRead MoreThe Contribution Of An Organ Transplant1184 Words   |  5 PagesAn organ transplant â€Å"is a surgical operation where a failing or damaged organ in the human body is removed and replaced with a new one† (Center for Bioethics). The first organ transplant was provided in 1954, where a kidney was taken from one identical brother to another, lasting for eight years. Eventually more successful organ transplants began to occur such as in 1962 the first cadaveric transplant was a success prolonging life for almost two years. In 1966 a successful liver transplant had a lifespanRead MoreThe Treatment Of Heart Transplant Essay912 Words   |  4 PagesBackground Heart transplant have grown to be a therapeutic strategies for patients with heart failure, and respectively offers improved quality life and survival. Many various techniques have been used to ensure safety and survival of pediatric patients, however in the case of rejection, death rate have enormously been reviewed. This process whereby recipient’s immune system attacks the transplanted organ is quite harmful as substances like antigens coats organ surface, therefore, immune system respondRead MorePrisoners Receiving Transplants1631 Words   |  7 Pagesawaiting capital punishment, should receive the same level of medical care as others in society - including scarce donor organs for the purpose of transplantation. As is often the case, the debate over whether a death row inmate should receive an organ transplant is not a single controversy, but rather several rolled into one. Being able to address the larger question requires disentangling the smaller questions and examinin g each in turn. What role, if any, should a person s social and moral worth playRead MoreOrgan Of A Organ Transplant954 Words   |  4 PagesOrgan Transplant How do you feel when you really want something, but you have to wait for it? Especially if it was the result of either life or death. People all across America are in this situation. They need an organ transplant in order to live but they are put on a waiting list to see if they qualify for an organ which may come in time before they are to sick, or it may not come in time which ends in death. Some of the points we will discuss is what is an organ transplant, how can we determineRead MoreOrgan Donation : A Transplant1141 Words   |  5 Pagesp. 1). The very first successful organ transplant was a kidney transplant performed in 1954. By the late 1960’s they were successfully transplanting livers, hearts and pancreases. Lung and intestinal transplants came shortly after in the 1980’s. At this very second 121,574 people are waiting for an organ and every day 22 people will die while they wait. A single organ donor can save up to 8 lives (HRSA, 2016). The number one reason for an organ transplant is end-stage organ failure which can beRead MoreThe Treatment Of Pancreatic Transplants1251 Words   |  6 PagesPancreatic transplants have had a lot of advancements over the last several years to help patients with Type 1 DM and the complications that arise from the disease. The increasing numbers of people with diabetes is cause for concern. In some cases diabetes can be prevented but in others its more about genetics; but with many medical advances patients have a better chance for survival. With advancements in surgical procedures pancreatic transplants are improving as well as the increased odds ofRead MoreOrgan Transplants : An Organization1486 Words   |  6 Pages Lizetth Gonzalez Mrs. Forsythe English 7-8 1B January 20, 2015 Organ Transplants Despite the fact that more than a million have signed up to become donors the number of donors is still nowhere near the number of people on waiting for transplants therefore, resulting in an average of eighteen deaths every day due to the shortage. (Pros) Keep in mind the amount of lives saved or restored when a single organ donor can save up to eight lives. In addition to saving lives and restoring broken lives, a

Chilhood memories of frankie lennon and mine Free Essays

Reading     Frankie Lennon   feels like you become part of the story, you feel connected and involved at every scene that unfolds. The characters she introduces makes it more vivid and real, you can’t help but think of your own family and relatives that have been part of   your past and shaped your own present life. You begin to look back at your own childhood and adolescent years and recall the many struggles you went through to become the person you are now. We will write a custom essay sample on Chilhood memories of frankie lennon and mine or any similar topic only for you Order Now It makes us think back and wonder how we got over the conflicts and complications and been able to confront them. Readers connect to the stories due to similarities in culture, race, sexuality, and childhood. The author said in an interview, and to quote her:  Ã¢â‚¬Å"†¦I narrate stories starting with my childhood and take you with me on my turbulent life journey and struggle to find freedom from the many prisons that bind me.  I tell stories that make you think and re-evaluate issues. I offer the reader the chance to see and experience my naked feelings, conflicts, fears, and struggles and you get the chance to experience my trials and tribulations along with me. It will be exciting, funny, and heartbreaking. And it will never be dull.† â€Å"The   Mee   Street Chronicles: Straight up Stories of a Black Woman’s Life is a turn pager narrative of blunt memories in her struggle to live her own life and sexual identity. The book passes through generations dealing with sensitive issues like racism, oppression, homosexuality, and   Ã‚  alcoholism   that   still   exists in our society today. It lets us enter to places never seen before but will make us aware of our own feelings, in what we love and fear of, of our desires and what we value in life. The book mirrors that presents to readers what has happened and still happening in our lives.   Many people identify and unconsciously reflect with at least one story in the book. In a special way, it surprised and touched readers on their own personal journey. Like the author, we also preserve our memories through journals, diaries, photographs, and keep it in our hearts. We become proud of these memories because it is what our identity is all about. We pass them on to our children to tell them who we are to reveal secrets setting us free from denial. This book reminds us that we are not alone in our struggles. We may think we are strange and has a dark past, but who doesn’t? It inspires to move on no matter how bad it seemed or what people have done or said or how bad it appeared. Others out there also   went through the same difficulties and survived. Others who repeat the same mistakes just when they have lifted themselves up, and picking themselves back in shape and has finally found their way. In it, stories on childhood life were depicted like it was your own. Significant characters were portrayed as if they were your own family. It is amazing to relate because you have your own aunt , grandmother, uncle, and cousins who can be irritating and unpleasant when they are around you, on the other hand you truly adore. People who in one way or another   have contributed in shaping your life as a whole. One chapter in the book entitled â€Å"Adversaries† narrates some fragments on the childhood events in the author’s life. At a very young age she could still remember clear details and accounts of family members and various emotions in facing her auntie and the tensed encounters that prevail between them. You feel a little bit at the edge of your seat as words and emotions are revealed that causes you to be anxious and empathize with the girl.. Somehow, upon reading this particular story, I was able to relate to the characters and circumstances that the author encountered.   Similar   events and people I grew up with. I remember these people and what they signify had an impact in my life, may   it   be   Ã‚  good or bad memories. Reading through it brings back memories of kids being punished for reasons not explained very clearly would sometimes make you think now that it was senseless. Folks back then were not even aware that we kids need to be treated fairly sometimes. They just come lashing out of nowhere and give you spanking for all the world to see. I had my own taste of that ‘cruelty’ back then.   I   experienced   some old school discipline where I can get so ashamed of myself for something I have done wrong, just because the ‘crime’ is against the elder’s rules.   Characters like â€Å"Auntie† were also part of my so called privileged childhood. My mother’s sister would sometimes go on a vacation in our house and would stay for a long time I think for decades and my life miserable. I remember her as the lady who keeps an eye on me, scary sometimes because she would watch every move I make. She was so stern and uptight and she is so particular about being proper. She made a great deal of impact in the whole household with her continuous bickering, comparing her life to my mother’s. What’s worse is we have to bear with her and leaves us no choice, but   be under her rule when my parents are away for a few days. I did my best to please her and make her feel that I liked her though I was faking it. I pretended hard to be somebody else just for her to accept me and have a harmonious relationship altogether. She is now a ‘stigma’ among us cousins and her grand kids because of   the character she playe d in our lives. The author in the story had to go through that kind of misery.   The emotions she felt in some instances and the way she describes ‘Auntie’ in detail like her appearance, reactions, and attitude made me think back and reminds me of my own aunt. I   was touched so much by the incident that her aunt would bad mouth her father. I cannot forget the way my aunt would back-stab my mother and insult her in front of us and for other people to hear. She compares her life and her way of   raising her kids to that of my parents. She boasts of a better life and material things compared to my mother who has to work harder for a better life. My aunt and I did not talk too much. I tried the best I could to avoid her, not to be in the same room with her   and even look her in the eye. I was not sure if it is because I was scared of her or hated her. She, like Aunt seemed to be so powerful to make us frightened of her.   Picturing Aunt in my mind while reading makes me feel scared just by recalling how my own aunt was. However, unlike the author, I was never confrontational. I never talked or fought back. Frankie had the courage to stop Aunt from hitting her. I had my share of hard spankings courtesy of   not only of my aunt, but in some instances from my own parents. But I just take it as part of growing up and that is how I should be disciplined. Sometimes I would ponder, regretting that I did not question or prevent it from coming or could have ran away. If only I had the choice and wishes come true, I could have spent more time with my mother and have spent more loving moments with her. I could have understood it better if the she did the spanking herself. REFERENCE : Sundararaj, A. ( 2007, March 14). How to Tell a Story, A Beginner’s Guide to Storytelling. Interview with Frankie Lennon. Retrieved May 23, 2007, from   www.howtotellagreatstory.com/byot/byot How to cite Chilhood memories of frankie lennon and mine, Essay examples Chilhood memories of Frankie Lennon and mine Free Essays Reading     Frankie Lennon   feels like you become part of the story, you feel connected and involved at every scene that unfolds. The characters she introduces makes it more vivid and real, you can’t help but think of your own family and relatives that have been part of   your past and shaped your own present life. You begin to look back at your own childhood and adolescent years and recall the many struggles you went through to become the person you are now. We will write a custom essay sample on Chilhood memories of Frankie Lennon and mine or any similar topic only for you Order Now It makes us think back and wonder how we got over the conflicts and complications and been able to confront them. Readers connect to the stories due to similarities in culture, race, sexuality, and childhood. The author said in an interview, and to quote her: â€Å"†¦I narrate stories starting with my childhood and take you with me on my turbulent life journey and struggle to find freedom from the many prisons that bind me. I tell stories that make you think and re-evaluate issues. I offer the reader the chance to see and experience my naked feelings, conflicts, fears, and struggles and you get the chance to experience my trials and tribulations along with me. It will be exciting, funny, and heartbreaking. And it will never be dull.† â€Å"The   Mee   Street Chronicles: Straight up Stories of a Black Woman’s Life is a turn pager narrative of blunt memories in her struggle to live her own life and sexual identity. The book passes through generations dealing with sensitive issues like racism, oppression, homosexuality, and   Ã‚  alcoholism   that   still   exists in our society today. It lets us enter to places never seen before but will make us aware of our own feelings, in what we love and fear of, of our desires and what we value in life. The book mirrors that presents to readers what has happened and still happening in our lives.   Many people identify and unconsciously reflect with at least one story in the book. In a special way, it surprised and touched readers on their own personal journey. Like the author, we also preserve our memories through journals, diaries, photographs, and keep it in our hearts. We become proud of these memories because it is what our identity is all about. We pass them on to our children to tell them who we are to reveal secrets setting us free from denial. This book reminds us that we are not alone in our struggles. We may think we are strange and has a dark past, but who doesn’t? It inspires to move on no matter how bad it seemed or what people have done or said or how bad it appeared. Others out there also   went through the same difficulties and survived. Others who repeat the same mistakes just when they have lifted themselves up, and picking themselves back in shape and has finally found their way. In it, stories on childhood life were depicted like it was your own. Significant characters were portrayed as if they were your own family. It is amazing to relate because you have your own aunt , grandmother, uncle, and cousins who can be irritating and unpleasant when they are around you, on the other hand you truly adore. People who in one way or another   have contributed in shaping your life as a whole. One chapter in the book entitled â€Å"Adversaries† narrates some fragments on the childhood events in the author’s life. At a very young age she could still remember clear details and accounts of family members and various emotions in facing her auntie and the tensed encounters that prevail between them. You feel a little bit at the edge of your seat as words and emotions are revealed that causes you to be anxious and empathize with the girl.. Somehow, upon reading this particular story, I was able to relate to the characters and circumstances that the author encountered.   Similar   events and people I grew up with. I remember these people and what they signify had an impact in my life, may   it   be   Ã‚  good or bad memories. Reading through it brings back memories of kids being punished for reasons not explained very clearly would sometimes make you think now that it was senseless. Folks back then were not even aware that we kids need to be treated fairly sometimes. They just come lashing out of nowhere and give you spanking for all the world to see. I had my own taste of that ‘cruelty’ back then.   I   experienced   some old school discipline where I can get so ashamed of myself for something I have done wrong, just because the ‘crime’ is against the elder’s rules.   Characters like â€Å"Auntie† were also part of my so called privileged childhood. My mother’s sister would sometimes go on a vacation in our house and would stay for a long time I think for decades and my life miserable. I remember her as the lady who keeps an eye on me, scary sometimes because she would watch every move I make. She was so stern and uptight and she is so particular about being proper. She made a great deal of impact in the whole household with her continuous bickering, comparing her life to my mother’s. What’s worse is we have to bear with her and leaves us no choice, but   be under her rule when my parents are away for a few days. I did my best to please her and make her feel that I liked her though I was faking it. I pretended hard to be somebody else just for her to accept me and have a harmonious relationship altogether. She is now a ‘stigma’ among us cousins and her grand kids because of   the character she played in our lives. The author in the story had to go through that kind of misery.   The emotions she felt in some instances and the way she describes ‘Auntie’ in detail like her appearance, reactions, and attitude made me think back and reminds me of my own aunt. I   was touched so much by the incident that her aunt would bad mouth her father. I cannot forget the way my aunt would back-stab my mother and insult her in front of us and for other people to hear. She compares her life and her way of   raising her kids to that of my parents. She boasts of a better life and material things compared to my mother who has to work harder for a better life. My aunt and I did not talk too much. I tried the best I could to avoid her, not to be in the same room with her   and even look her in the eye. I was not sure if it is because I was scared of her or hated her. She, like Aunt seemed to be so powerful to make us frightened of her.   Picturing Aunt in my mind while reading makes me feel scared just by recalling how my own aunt was. However, unlike the author, I was never confrontational. I never talked or fought back. Frankie had the courage to stop Aunt from hitting her. I had my share of hard spankings courtesy of   not only of my aunt, but in some instances from my own parents. But I just take it as part of growing up and that is how I should be disciplined. Sometimes I would ponder, regretting that I did not question or prevent it from coming or could have ran away. If only I had the choice and wishes come true, I could have spent more time with my mother and have spent more loving moments with her. I could have understood it better if the she did the spanking herself. REFERENCE : Sundararaj, A. ( 2007, March 14). How to Tell a Story, A Beginner’s Guide to Storytelling. Interview with Frankie Lennon. Retrieved May 23, 2007, from   www.howtotellagreatstory.com/byot/byot 70.html – 60k- How to cite Chilhood memories of Frankie Lennon and mine, Essay examples

Analysis on Role of IFRS in Sustainability Reporting

Question: Discuss about the Analysis on Role of IFRS in Sustainability Reporting. Answer: Introduction: The International Financial Reporting Standard (IFRS) has been theorized, developed by the IASB in order to enhance comparability of relevant financial performance by different sets of current and prospective stakeholders of an listed corporate entity. These standards aims to be applied throughout the developed and emerging economies and provide opportunities for comparison and contrasting among different companies based upon set of standards that are maintained at an equal provision throughout the globe. The standards have gained recognition from over 100 countries with support from different sets of international agencies assisting and supporting the standards initiative. The first part of the study focuses upon the utilization and relevance of IFRS in terms of maintenance and enrichment of Sustainability reporting. Whereas, on the other hand the latter part of the study focuses towards evaluating the implementation of IFRS in the context of United Kingdom. Part A: Literature review on the different sets of utility derived from IFRS: Shortcomings of Boards and Treatment of Assets: Ioannou and Serafeim (2014) mentions that presence of a consistent set of parameters in order to facilitate the comparability through IFRS has enhance business decagons making in different parts of the emerging and developed market. Moreover, Fonseca, McAllister and Fitzpatrick (2014) states that the different sets of investment and divestment strategies are assisted through the availability of IFRS standards as two companies operating in a diverse set of market conditions, if required to be compared together, has to evaluate using a single set of benchmark. The consistency in terms treatment of assets and non asset resources depends largely upon the prevalent sets of standards laid out by different sets of Accounting Boards. However, junior, Best and Cotter (2014) discusses that the short comings of indigenous boards to take into account different sets of relevant changes in the industrial and corporate practices may in turn resulted towards non disclosure or inadequate treatment of certain ac. The difference in terms of treatability of depreciation in the books has been mired with speculations. Lozano (2013) arguing that the writing back of amortized assists onto companys books tends to showcase an incorrect balance in goodwill in cases where the business is undergoing an merger or acquisition. The adherence to IFRS by a public company facilitates the opportunity by its shareholders and other stakeholders to initiate comparability and contrasting of the current financial performance with that of the different other companies that tend to belong in other economies but are engaged in similar industry. For instance, a financial statement made by Nationwide Building Society Ltd in accordance with IFRS can assists its investors in comparing its current and previous financial performance of the company with other companies in Europe and North America engaged in providing similar products. Comparison of financial statement among publicly listed companies from different sets of geographical locations tends to be affected by the different sets of Accounting Standards that such companies are required to adhere to while treating its financial figures. For instance, the prevalence of straight line depreciation can probably be a norm amongst companies belonging to a particular economy. Whereas, the other company, with which comparison are to be drawn, has followed a method of written down value method of accounting. Constantly adapting to dynamic scenarios: Thereby, the valuation of deprecation provision is misleading in nature when resulting from comparison of data. Milne and Gray (2013) mentions that adequate sets of adherence to IFRS standards minimizes the degree of misleading information in terms of representation of values in sustainability through sets of accounting treatments that are consistent throughout the globe. Moreover, any form of misstatements can be fostered through wrongful utilization of loopholes in the accounting standards. IFRS encompasses a higher rate of rectification of any form of ambiguous statutes and accounting standards as it is subjected to scrutiny by over 100 countries who have mandated the implementation of such standards (Ifrs.org. 2016). The dynamism in corporate atmosphere tends to be reflected in the IFRS standards as the IASB tends to take into account the repercussions of changes in international relations, taxation policies prevalent in developed and emerging markets (Sustainability.thomsonreute rs.com. 2016). Enhanced Reporting Quality: Frias?Aceituno, Rodrguez?Ariza and Garcia?Snchez, (2014) mentioned that the notion of quality in terms of environmental disclosures results towards optimization of various decisional models thereby improving the degree of productive outcomes derived from such models. Thereby, the different sets of relevant disclosures initiated from the IFRS guidelines conveys accuracy and dissemination of data that can be utilized as independent variables in decision models. Prez?Lpez, Moreno?Romero and Barkemeyer (2015) stated that clarity in terms of the correlation among the different financial variable are enhanced through the IFRS standards as it fosters transparency and tends to diminish quantum of ambiguity in terms of reporting different sets of emissions undertaken by the firms. However, Higgins and Larrinaga (2014) argues that the quantum of transparency and quality in terms of reporting of emission statements cannot be determined solely by degree of convergence despite being mandated. Suitability of the recognition of loss The realization of the instantaneous loss is considered as one of the main features of the IFRS and the objective of this is to provide advantage to the lenders, investors and other related shareholders of the firm (Brochet, Jagolinzer and Riedl 2013). Moreover, the realization of loss and the transparency of IFRS highlight the efficiency between the management and the firm. Therefore, Landsman, Maydew and Thornock (2012) stated that it might assist the organizations to enhance the methodologies of corporate governance. Moreover, the recognition of the loss identifies the specific time when the firm faces the economic loss and this might be delivered to the shareholders of the firm (Bebbington, Unerman and O'Dwyer 2014). Moreover, Ahmed, Neel and Wang (2013) argued that the organizations are capable to review the account book and the values of liabilities and assets, earnings and equity. Assurance of Transparency in the Fiscal Reporting Opined to Christensen, Hail and Leuz (2013), the assurance of the transparency in the fiscal reporting is also considered as one of the essential advantages for transferring the data to the IFRS. However, it has been made since from the days when the EU was consistent on the various features of the macroeconomic environment (Ahmed, Neel and Wang 2013). Moreover, the standards of IFRS also help the firms to get ensured about the reliability of the fiscal reporting in order to enrich the bond between the firms, the management and the shareholders among the associate countries (Bebbington, Unerman and O'Dwyer 2014). Standardization of Accounting and Financial Reporting According to Horton, Serafeim and Serafeim (2013), the organizations are capable to standardize the procedure of financial reporting by the help of the implementation of the IFRS standard. It has been found that this finally helps in comparing the financial statements of the firm in the present fiscal market (Hail and Leuz 2013). Moreover, as rightly stated by Christensen et al. (2015) that the barriers to trade can be removed easily and thus, it assists the firms regarding winning the assurance and trust of the equity shareholders. Part B: Discussion on current or potential prospects of implementing IFRS in United Kingdom: Sustainability reporting by UK public listed companies has been made mandatory by the Financial Reporting Council (FRC) under a circular made in 2006. The emphasis upon sustainability reporting tends to result from the dynamism in terms of operations of corporations. The FRC states that the degree of disclosure pertaining to emissions and environmental underpinnings in terms of financial reporting and dissemination of material facts followed by the enhance of overall reporting proceedings can be attributed to the adoption of IFRS. In terms of materiality attributes contained in the financial statements, IFRS has contributed significantly in improving the relevance of reports to the different sets of stakeholders. In terms of different sets of accounting treatments pertaining to environmental repercussions, adherence to IFRS has resulted in improvised sets of reporting coupled with relevant environmental legislations including Environmental Protection Act, 1990 and Environment Act, 19 95 (Martnez?Ferrero, Garcia?Sanchez and Cuadrado?Ballesteros 2015). Relevance in the Procedure of Accounting United Kingdom has adopted the IFRS and this acceptance has ensured the preparation of sustainability report by putting more focus on economic component rather than on the legal form. It has been found that this has assisted the firms in the country and also their allied shareholders for depicting the true value of the transactions of business. Furthermore, the losses and the gains that are generally portrayed in the income statement of the organizations have put the same in a consistent and truthful situation to the investors. Thus, prior to making any decision regarding the type of investments, the investors put importance on the accounting revelations of the corporation along with the price movements or the fluctuations in the stock prices. Therefore, it can be said that the adoption of IFRS in UK has definitely assisted the indigenous organizations for reducing the equity capital costs by illustrating the total numbers of outlays from the investors. Moreover, it has been noted that after the adoption of the IFRS in UK, the balance sheet statement has been modified. The reason behind this is the variation in the level of consistency and its layout (Brochet, Jagolinzer and Riedl 2013). Therefore, this implies a reasonable representation of the liability values and asset values of the UK firms in order to assist both the analysts and the investors for evaluating the monetary performance of the organizations. Finally, it can be said that the management departments of the larger organizations of UK are able to manipulate the accounts book in order to reduce their rate of ciontribution towards environmental degradation underneath the standard of IFRS (Bebbington, Unerman and O'Dwyer 2014). Therefore, the standards of accounting are highly familiarized by the shareholders, and thus, it ensures the methodologies of the sustainability reporting. The IFRS guidelines are permissible by the companies listed in the London Stock Exchange or whose incorporations require them to adhere to IFRS Standards for material environmental disclosures. The advent of large degrees of environmental degradation on the part of manufacturing industries requires evaluation and prevention through different sets of limits on degrees of carbon emissions undergone owing to production and processing activities. The IFRS in UK targets companies that are both listed on the London Stock Exchange and those whose stocks tends to be traded in other secondary markets coupled with the unlisted companies that comes under the purview of the Companies Act,2006 (frc.org.uk. 2016). Moreover, the companies are mandated to provide key performance indicators that are formed in conjunction with the relevant environmental impacts and emissions that have occurred owing to the different sets of revenue generating activities. The UK firms are required to showcase sustainab ility indicators encompassing disclosures regarding the rate of employee turnover occurring in that entity, the quantum of emissions regarding greenhouse gases and the injury rate pertaining to the common workers of the organization. Moreover, the quantum of managing waste emissions derived as a byproduct of organization operations are pertinent to be included in the entitys report owing the set of guidelines laid out by IFRS in terms of social and environmental governance. The preference on the part of investors to invest in companies that displays higher degree of contribution to different sets of environmentally proactive initiatives. However, it can be observed that the degree of compulsion arising from the part of IASB to make environmentally sustainability reporting mandatory has been far from satisfactory (frc.org.uk. 2016). The different sets of data as regards to the non-disclosure or in most cases non preparation of sustainability reporting resulted from absence stringent rules in the part of the FRC, UK. A survey conducted by the Corporate Knights Capital displayed large quantum of non disclosures on the part of large public corporations in terms of degrees of sustainability reports regarding the rate of emission of green house gases (mayerbrown.com. 2016). However, the development of Greenhouse Gas Emissions (GHG) reports tends to showcase the quantum of large degree of data pertaining to the carbon footprints created by the companies production operations. Further, data pertaining to the different sets of companies showcases the fact that over three fourths or largest companies in terms of revenue generated has failed to disclosed any forms of reports or material data regarding the quantum of emissions of greenhouse gases and other pollutants (mayerbrown.com. 2016). Moreover, large UK corporations have also displayed reluctance in terms of disclosing the level of water consumption. The data as regards to the rate of employees turnover too has failed to be disclosed by such UK corporations. In terms of exchanges whose participants have disclosed their sustainability reports, the London Stock Exchange stands at a ranking of 9th as compared to Euro Next occupying the second spot. This showcases that UK has somewhat lagged behind in terms of adherence to sustainability reporting. The Accounting Standard Board (ASB), a section of FRC concludes that materiality in terms of disclosures in the annual reports has resulted in a large degree Clutter thereby hindering the decision making by the relevant stakeholders and prospective investors of the business (Green et al 2012). For instance, inclusion of trivial degree of information regarding usage of recyclable water containers in boards meeting results in too much clutter in the sustainability reporting. Moreover, ASB infers that the reason behind such immaterial disclosure arises from the fact that the companies have failed towards discussing several sets of parameters as regards to employee and environment followed by social repercussions of the activities that the company is engaged in. The evolving plethora of sustainability reporting mentions that corporate entities, owing to the compulsion of preparing and subsequently disclosing sustainability reports, have sought to disclose information without taking into account the kind of products that they dealt with or the industry that they belong to. For instance the disclosure of sustainability reporting by Auditing Firms are somewhat less relevant as compared to that of firms engaged in manufacturing or assembling of products. Article 38 of the IFRS states that the degrees of allowance pertaining to green house gas emissions in RD are capitalized through inclusions in shareholders equity (Ifrs.org. 2016). The inclusion of IFRS by European Union has resulted towards mandatory adoption of IFRS by EU members, thereby being formerly a member of European Union (Ifrs.org. 2016). Thereby, the inclusiveness of IFRS towards the innovations in the adaptation of energy efficient and environmentally friendly manufacturing and ser vicing processes has in turn facilitated financial as well as governance success of the firms. The amount of sustainable performance as regards to the environment is inferred to have a positive correlation with the financial performance. In addition, sustainable operations with moderate amount of returns are more desirable to a firms stakeholders that high returns with large quantum of environmentally deplorable operations. The trade off amongst the revenue generation and environmentally sustainable sets of business proceedings can in turn be mitigated through large sets of adherence to IFRS standards. Thus aiming towards revenue generation using sustainable energy sources and environment and societal friendly alternatives tends to create a situation whereby both the company and its stakeholders and the community as a whole gets benefitted. IFRS 3 with respect to Business Combinations has laid down different sets of guidelines as regards to the valuation principles utilizing fair value method as regards to the acquisitions. Thereby, the acquisitions pertaining to environmental liabilities tends to showcase the fact that the UK companies are required to adhere to fair value measure of environmental liabilities on the date of acquisition (Fonseca, McAllister and Fitzpatrick 2014). The exploration for and evaluation of mineral resources principles regarding which has been laid down under IFRS 6 caters to the sustainability disclosures of companies engaged in mining activities. The aforementioned standards tends to take into account the recognition of exploration expenses and discovered mineral resources as an asset thereby providing accountability to the costs and the assets in relation to mining and energy industry of UK (Milne and Gray 2013). Conclusion Therefore, it can be concluded that IFRS plays a vital role regarding improvement of the fiscal disclosures quality and also assists to ensure the lucidity in the sustainability reporting of the worldwide firms. Moreover, the investors are enabling in determining the performance of the market as well as the organizations by scrutinizing the performance of the share market and the fiscal disclosures. Furthermore, it has been assessed that the contrast between the fiscal disclosures has become comparatively easier by reducing the unethical practices of accounting in order to ensure the process of sustainability reporting. Nonetheless, some developments are required for the IFRS and the reason behind this is that the structure of fiscal disclosures is more complex in character for conveying an efficient data and information to the shareholders of the firm. The introduction of sustainability reporting has resulted towards compulsion on the part of the company towards taking into account the emissions, employee turnovers that has been undertaken in due pursuit of revenue generation capability. The evolving of agendas in relation to the different sets of environmental friendly practices has resulted in the different stakeholders undertaking greater interests in the procedures through which companies have undertaken production and manufacturing activities. References and Bibliography: Ahmed, A.S., Neel, M. and Wang, D., 2013. Does mandatory adoption of IFRS improve accounting quality? Preliminary evidence.Contemporary Accounting Research,30(4), pp.1344-1372. Antonia Garca-Benau, M., Sierra-Garcia, L. and Zorio, A., 2013. Financial crisis impact on sustainability reporting.Management decision,51(7), pp.1528-1542. Bdo.co.uk. (2016). Environmental sustainability reporting - BDO. [online] Available at: https://www.bdo.co.uk/en-gb/services/audit-assurance/other-assurance-services/environmental-sustainability-reporting [Accessed 6 Oct. 2016]. Bebbington, J., Unerman, J. and O'Dwyer, B., 2014.Sustainability accounting and accountability. Routledge. Bonilla-Priego, M.J., Font, X. and del Rosario Pacheco-Olivares, M., 2014. Corporate sustainability reporting index and baseline data for the cruise industry.Tourism Management,44, pp.149-160. Brochet, F., Jagolinzer, A.D. and Riedl, E.J., 2013. Mandatory IFRS adoption and financial statement comparability.Contemporary Accounting Research,30(4), pp.1373-1400. Christensen, H.B., Hail, L. and Leuz, C., 2013. Mandatory IFRS reporting and changes in enforcement.Journal of Accounting and Economics,56(2), pp.147-177. Christensen, H.B., Lee, E., Walker, M. and Zeng, C., 2015. Incentives or standards: What determines accounting quality changes around IFRS adoption?.European Accounting Review,24(1), pp.31-61. Fonseca, A., McAllister, M.L. and Fitzpatrick, P., 2014. Sustainability reporting among mining corporations: a constructive critique of the GRI approach.Journal of Cleaner Production,84, pp.70-83. Frias?Aceituno, J.V., Rodrguez?Ariza, L. and Garcia?Snchez, I.M., 2014. Explanatory factors of integrated sustainability and financial reporting.Business Strategy and the Environment,23(1), pp.56-72. Gov.uk. (2016). Public sector annual reports: sustainability reporting guidance 2015 to 2016 - Publications - GOV.UK. [online] Available at: https://www.gov.uk/government/publications/public-sector-annual-reports-sustainability-reporting-guidance-2015-to-2016 [Accessed 6 Oct. 2016]. Green, B., reporting, U., reading, F. and Accounting, M. (2012). UK publishes new guidance for corporate sustainability reporting. [online] https://www.businessgreen.com. Available at: https://www.businessgreen.com/bg/news/2193951/uk-publishes-new-guidance-for-corporate-sustainability-reporting [Accessed 6 Oct. 2016]. Hahn, R. and Khnen, M., 2013. Determinants of sustainability reporting: a review of results, trends, theory, and opportunities in an expanding field of research.Journal of Cleaner Production,59, pp.5-21. hbs.edu, (2016). [online] Available at: https://www.hbs.edu/faculty/Publication%20Files/11-100_7f383b79-8dad-462d-90df-324e298acb49.pdf [Accessed 6 Oct. 2016]. Higgins, C. and Larrinaga, C., 2014. 16 Sustainability reporting.Sustainability accounting and accountability, p.273. Horton, J., Serafeim, G. and Serafeim, I., 2013. Does mandatory IFRS adoption improve the information environment?.Contemporary Accounting Research,30(1), pp.388-423. Icaew.com. (2016). [online] Available at: https://www.icaew.com/-/media/corporate/files/technical/sustainability/tecpln12453-eiafr-annual-report-2nd-edition-final.ashx?la=en [Accessed 6 Oct. 2016]. Ifrs.org. (2016). IFRS - IASB and IIRC formalise cooperation on work to develop integrated corporate reporting framework. [online] Available at: https://www.ifrs.org/Alerts/PressRelease/Pages/IASB-and-IIRC-sign-MoU.aspx [Accessed 6 Oct. 2016]. frc.org.uk, (2016). [online] Available at: https://www.frc.org.uk/Our-Work/Publications/ASB/Rising-to-the-Challenge/Rising-to-the-challenge.aspx [Accessed 6 Oct. 2016]. Ioannou, I. and Serafeim, G., 2014. The consequences of mandatory corporate sustainability reporting: evidence from four countries.Harvard Business School Research Working Paper, (11-100). Junior, R.M., Best, P.J. and Cotter, J., 2014. Sustainability reporting and assurance: a historical analysis on a world-wide phenomenon.Journal of Business Ethics,120(1), pp.1-11. Landsman, W.R., Maydew, E.L. and Thornock, J.R., 2012. The information content of annual earnings announcements and mandatory adoption of IFRS.Journal of Accounting and Economics,53(1), pp.34-54. Lozano, R., 2013. Sustainability inter-linkages in reporting vindicated: a study of European companies.Journal of Cleaner Production,51, pp.57-65. Martnez?Ferrero, J., Garcia?Sanchez, I.M. and Cuadrado?Ballesteros, B., 2015. Effect of financial reporting quality on sustainability information disclosure.Corporate Social Responsibility and Environmental Management,22(1), pp.45-64. mayerbrown.com, (2016). [online] Available at: https://www.mayerbrown.com/files/Publication/123b4ac7-a050-46f2-9449-0b6740327749/Presentation/PublicationAttachment/57d4f570-4b22-4a0b-8376-1e639889272e/UK_Mandatory_Reporting_Sep13.pdf [Accessed 6 Oct. 2016]. Milne, M.J. and Gray, R., 2013. W (h) ither ecology? The triple bottom line, the global reporting initiative, and corporate sustainability reporting.Journal of business ethics,118(1), pp.13-29. nao.org.uk, (2016). [online] Available at: https://www.nao.org.uk/wp-content/uploads/2013/03/EAC_briefing_sustainability_reporting_government.pdf [Accessed 6 Oct. 2016]. Prez?Lpez, D., Moreno?Romero, A. and Barkemeyer, R., 2015. Exploring the relationship between sustainability reporting and sustainability management practices.Business Strategy and the Environment,24(8), pp.720-734. Sustainability.thomsonreuters.com. (2016). EXECUTIVE PERSPECTIVE: Corporate sustainability reporting, where the world is today | | Thomson Reuters. [online] Available at: https://sustainability.thomsonreuters.com/2014/12/13/executive-perspective-corporate-sustainability-reporting-world-today/ [Accessed 6 Oct. 2016].

Moet and Chandon Essay Example

Moet and Chandon Essay Saturday, March 23, 13 The World’s most LOVED Champagne Saturday, March 23, 13 History Background ?Part-holder of LVMH (66% share in MC) ? Established in 1743 by Claude Moet as Moet et Cie (MoetCo. ) for wine trading ? Began business in 1750 by supplying the Royal Court at Compiegne ? In 1750 also shipping to Germany, Spain, Eastern EU, and colonial British America ? In 1972, Jean-Remy Moet (grandson) has begin the winery production by buying vineyards; ? While the French Benedictine monk, Dom Perignon, mastered double-fermentation for creating champagne Now owns more than 2,500 acres vineyards ? Produce approx 26M bottles of champagne annually ? Accounts for approx 25% of global champagne market (by volume) Saturday, March 23, 13 LVMH brands Saturday, March 23, 13 Moet at a Glance ?4 Main Products ? Moet Imperial ? Rose Imperial ? Nectar Imperial ? Moet Ice Imperial ? Grand Vintage ?Plus other vintage and special limited-edition champagnes Saturday, March 23, 13 Moet at a Glance ? In-media appearance ? Slogan: Be Fabulous ? Print ads ? of? cial website ? Facebook ? YouTube ? Twitter ? iOS applications Saturday, March 23, 13 Moet at a Glance ? Marketing situation ? Perceived to be the most prominent brand in online world (partly due to extensive online advertising and Roger Federer) ? The biggest export market is UK but the consumption volume is slightly declining Saturday, March 23, 13 Strategy ? Glocal strategy in 2011, began to grow grapes in Northwest China with farm operator Ningxia Nongken Will be China’s ? rst-time-ever made in China Champagne Aim to capture Asia market esp China and India with joint venture approach Has done this for the U. S. for 30 yrs ald (sells in the U. S. nder brand Roederer Estate, Chandon) Grow business by encouraging younger audience to engage with the brand ? ? ? ? â€Å"In the Night† concept of brand communication (in cinema platform) using movie stars and reference for celebration To achieve â€Å"Champagne of Cinema† image, Moet appears in various hollywood movies and at international ? lm festivals, private dinners, parties and premieres Boost sports alignment via Roger Federer ? ? ? Saturday, March 23, 13 Main Competitors ?Veuve Cliquot et Ruinart (LVMH) ? Remy Cointreau (Piper-Heidsieck) ? BCC (Boizel Chanoine Champagne) ? We will write a custom essay sample on Moet and Chandon specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Moet and Chandon specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Moet and Chandon specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Pernot-Ricard (Perrier-Jouet et Mumm) Saturday, March 23, 13 Key Persons Bernard Arnault (Bernard Jean Etienne Arnault) LVMH director Saturday, March 23, 13 Key Persons Stephane Baschiera, president and chief executive of Moet Chandon (since Mar 2012) ? Stephane Baschiera joined Moet Hennessy, the wines and spirits division of LVMH, in 1996 and since then has been Commercial Director of Moet Hennessy Diageo France, Director of Moet Hennessy in Italy, and then Chief Executive Of? cer of the Maison Ruinart. ? Since 2009, he has held the position of Chief Executive Of? er of the Maison Veuve Cliquot Ponsardin, and has contributed to the excellent performance of the Maison since that time. About Jean-Marc Lacave, former CEO Jean-Marc Lacave will become Chief Executive Of? cer of Veuve Clicquot Ponsardin. Jean-Marc Lacave joined the Watches Jewelry division of the LVMH group in the United Kingdom in 2001. Since 2007 he has been Chief Executive Of? cer of Watches Jewelry in Asia. Saturd ay, March 23, 13 Moet Chandon Organization chart Saturday, March 23, 13 Hot Issues ? In Dec, 2012, Roger Federer became brand ambassador (in place of Scarlett Johansson, former BA signed in 2009) In Sept, 2013, will serve as the of? cial champagne of the 34th America’s Cup (sailing’s most prestigious international race) ? Signal tht MC targeting at hi-so sports sectors with concept Champagne of Victory ? In 2012, was analyzed to be loosing brand value (declined by 13% or ? over $500 million) brand value at $3. 8 billion (98th rank fall from 77th at $4. 3billion in 2011) Might due to the emerging part of the world that do not yet associate champagne with celebration ? Recently opened White 1921, a boutique hotel in St. Tropez ? Recently launched celebrity-hosted tours worldwide Saturday, March 23, 13

Lorenzo Ruiz essays

Lorenzo Ruiz essays Lorenzo Ruiz was born in Binondo, Manila between the years of 1600 and 1610. His father was Chinese and his mother was a Filipino, just like him. His parents were Christian and he was baptized with the name of Lorenzo after a Martyr during the third century. His last name Ruiz was taken from the last name of his godfather. In his younger years, Lorenzo served at the convent of Biondo. He learned Spanish and Catechism from the Dominican priests. After several years he earned the title of notary. He became a member of the Confraternity which is an organization devoted to the Blessed Virgin. He soon married and had two boys and a girl. Lorenzo then went on a ship to Japan to escape the chance of being caught by authorities that thought he committed a crime. At this time there was a large amount of persecution against Christians. People who believed in Jesus were jailed or put to death. Thousands of people chose death over denying the belief in Christianity and of those people was Lorenzo. Lorenzo went through a lot of pain for not denying his love of God. He said, I am a Christian and I will remain a Christian to the point of death. He was told that if he didnt renounce his faith for God that he would be put to death. Lorenzo chose his love for God and death over being set free and renouncing his faith in God. On September 23, 1637 he died in the hanging pit, which was a form of persecution. He was blessed on February 1981, at Luneta. He was declared a saint on October 18, 1987 in Rome. His feast day is September 28th. I chose this saint because I read about his life story and I was extremely astonished by his faith in God. He inspired me to always have faith in God and never deny your love in Him. I also chose this saint because my brothers name is Lorenzo and he is my sponsor, so I thought it was appropriate to do a repor...

Two Party System - Why Democrats and Republicans Win

Two Party System - Why Democrats and Republicans Win The two party system is firmly rooted in American politics and has been since the first organized political movements  emerged in the late 1700s. The two party system in the United States is now dominated by the Republicans and the Democrats. But through history the  Federalists and the Democratic-Republicans, then the Democrats and the Whigs, have represented opposing political ideologies and campaigned against each other for seats at the local, state and federal levels. No third-party candidate has ever been elected to the White House, and very few have won seats in either the House of Representatives or the U.S. Senate. The most notable modern exception to the two party system is U.S. Sen. Bernie Sanders of Vermont, a socialist whose campaign for the 2016 Democratic presidential nomination invigorated liberal members of the party. The closest any independent presidential candidate has come to being elected to the White House was  billionaire Texan Ross Perot, who won 19 percent of the popular vote in the 1992 election. So why is the two party system unbreakable in the United States? Why do Republicans and Democrats hold a lock on elected offices at all levels of government? Is there any hope for a third party to emerge or independent candidates to gain traction despite election laws that make it difficult for them to get on the ballot, organize and raise money?   Here are four  reasons the two party system is here to stay for a long, long time. 1. Most Americans Are Affiliated With a Major Party Yes, this is the most obvious explanation for why the two party system remains solidly intact: Voters want it that way. A majority of Americans is registered with  the Republican and the Democratic parties, and thats been true throughout modern history, according to public-opinion surveys conducted by the Gallup organization. It is true that the portion of voters who now consider themselves independent of either major party is larger than either the Republican and Democratic blocs alone. But those independent voters are disorganized and rarely reach a consensus on the many third-party candidates; instead, most independents tend to lean toward one of the major parties come election time, leaving only a small portion of truly independent, third-party voters. 2. Our Election System Favors a Two Party System The American system of electing representatives at all levels of government makes it almost impossible for a third party to take root. We have what are known as single-member districts in which there is only one victor. The winner of the popular vote in all 435 congressional districts, U.S. Senate races and state legislative contests  takes office, and the electoral losers get nothing. This winner-take-all method fosters a two-party system and differs dramatically from proportional representation elections in European democracies.   Duverger’s Law, named for the French sociologist Maurice Duverger, states that a majority vote on one ballot is conducive to a two-party system ...  Elections determined by a majority vote on one ballot literally pulverize third parties (and would do worse to fourth or fifth parties, if there were any; but none exist for this very reason). Even when a single ballot system operates with only two parties, the one that wins is favored, and the other suffers. In other words, voters tend to choose candidates who actually have a shot at winning instead of throwing their votes away on someone who will only get a small portion of the popular vote. By contrast, proportional representation elections held elsewhere in the world allow for more than one candidate to be chosen from each district, or for the selection of at-large candidates. For example, if the Republican candidates win 35 percent of the vote, they would control 35 percent of the seats in the delegation; if Democrats won 40 percent, they would represent 40 percent of the delegation; and if a third party such as the Libertarians or Greens won 10 percent of the vote, they would get to hold one in 10 seats. The basic principles underlying proportional representation elections are that all voters deserve representation and that all political groups in society deserve to be represented in our legislatures in proportion to their strength in the electorate. In other words, everyone should have the right to fair representation, the advocacy group FairVote states. 3. Its Tough for Third Parties to Get on the Ballot Third-party candidates have to clear greater hurdles to get on the ballot in many states, and its difficult to raise money and organize a campaign when youre busy gathering tens of thousands of signatures. Many states have closed primaries instead of open primaries, meaning only registered Republicans and Democrats can nominate candidates for the general election. That leaves third-party candidates at a significant disadvantage. Third party candidates have less time to file paperwork and must collect a greater number of signatures than do major party candidates in some states. 4. There Are Just Too Many Third Party Candidates There are third parties out there. And fourth parties. And fifth parties. There are, in fact, hundreds of small, obscure political parties and candidates who appear on ballots across the union in their names. But they represent a broad spectrum of political beliefs outside of the mainstream, and placing them all in a big tent would be impossible. In the 2016 presidential election alone, voters had dozens of third-party candidates to choose from if they were dissatisfied with Republican Donald Trump and Democrat Hillary Clinton. They could have voted instead for libertarian Gary Johnson; Jill Stein of the Green Party;  Darrell Castle of the Constitution Party; or Better for Americas Evan McMullin. There were socialist candidates, pro-marijuana candidates, prohibition candidates, reform candidates. The list goes on. But these obscure candidates suffer from a lack of  consensus, no common ideological  thread running through all of them. Simply put, theyre too splintered and disorganized to be credible alternatives to the major-party candidates.

Money laundering in HongKong Essay Example | Topics and Well Written Essays - 1000 words

Money laundering in HongKong - Essay Example Arrangement is the store of funds in financial organizations or the transformation of money into a negotiable tool. Layering includes the wire exchange of funds through a progression of accounts through the monetary framework in attempt to conceal the genuine sources of the fund. Integration is the step to mix legitimate acquired criminal proceeds into a legitimate world. Legally, money laundering refers only to the proceeds of specific crimes, the list of which varies across countries but which has gradually been extended in most parts of the world to all crimes capable of being sentenced to a year or more imprisonment (Levi 533) Since the end of the cold world war, much attention and resource of western countries have shifted to protect domestic security by attacking drug connected and organized crimes. Targeting criminal finance was regarded as an innovative initiative and strategy to achieve better anti-crime effects. Uncovering, tracing, freezing and confiscating criminal proceeds have been focused, which require the criminal justice system to criminalize and combat criminals managing their finance process, which is known as money laundering. The first time that the emergence of money laundering addressed was in the U.S in the Bank Secrecy Act of 1970, which demanded that insured depository institutions maintain records and report transactions. The aim was to prevent banks from being used to hide money derived from criminal activity and tax evasion. A few days after the events of 2001 September 11, a war against terrorist has been in effect on different fronts including a direct ambush on money launderin g. In his speech of 13 days after the attack, President Bush indicated his determination to prosecute money launderers, especially those connected to terrorist funds and those who do not report their suspicions of laundering to the police. A clear message was sent to banks and different monetary establishments that

Comparing and Contrasting the Two Films Back to the Future and Temple Assignment

Comparing and Contrasting the Two Films Back to the Future and Temple of Doom - Assignment Example The essay seeks to highlight how similar and how different are the ideas of race; class and gender appear in the two films.The article analyzes both setting and characterization in the two films to understand the philosophies. The race is a rare fact that many children fail to understand while watching the two movies. In both the films, the ideology of racism is hidden that one cannot identify by just watching but must keep a close understanding of the setting and characters. In the film back to the future, racism is depicted by both how characters are viewed in society and how they are treated. When Marty gets back to his house only to find black families living in it the film, shows a neighborhood with burnt out cars and houses. The burnt ugly area depicts a filthy life the blacks live. Another aspect of racism in the film is the characters that are given to the blacks. The blacks are band players or individual living in projects. The scenario gives a racist impression that blacks are good for nothing. Pierre Caliste in his quest for the mayor position, he never believed himself and had to consult a white man Marty to proceed. Similarly, in the film temple of doom, the Shanghai gangsters laugh at Indy after poisoning her wine, and they kept the rescue antidote. The plane flying from China only to crash in Indian soil is also a racial impression of the difference in advancement. Slavery to the weaker race is evident with the kids kidnaped in the village of Thuggees. The two films contrast in gender representation. The film temple of doom is arguably unkind to the women characters prompting the review of the gender ideology. The women characters are represented as shallow beginners by the character Willie. All through the movie, she appears to have little knowledge of her strengths and capabilities. The apparent show of diminished profile for women character is at the ending episodes. After Willie showing little development, Dr. Jones humbles her to a weak damsel in agony  when she is seductively drawn in for a kiss. However, there is a good gesture for female characters in the film back to the future.  

Summer Project Essay Example for Free

Summer Project Essay This is to certify that Mr. Chandan Kumar (Reg. No. 11382017) a student of MBA – International Business, 2011 – 2013 batch has successfully completed his internship training at Lumbini Beverages Pvt Ltd. , HAJIPUR(BIHAR). His period of training was MARCH-APRIL. He has prepared the internship report titled â€Å"A Study on Sales Promotion at PepsiCo† for the requirement of the concern and for Master of Business Administration in International Business program in the Department of International Business, School of Management, Pondicherry University, Puducherry – 605 014. Dr. Bushan D. Sudhakar Reader, Dept. of Int’l Business, School of Management, Pondicherry University, Puducherry – 605 014. Dr. P. Sridharan Head of the Department, Dept. of Int’l Business, School of Management, Pondicherry University, Puducherry – 605 014 2|Page CERTIFICATE FROM THE GUIDE This is to certify that the Project Work entitled â€Å" A Study on Sales Promotion at PepsiCo† is a bonafide work of Mr. Chandan Kumar carried out in partial fulfilment for the award of degree of MBA (International Business) of Pondicherry University under my guidance. This project work is original and not submitted earlier for the award of any degree / diploma of any other University / Institution. Signature of the Guide (Name and Official address of the Guide) Place:†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Date:†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 3|Page STUDENT’S DECLARTION I, Mr. Chandan Kumar hereby declare that the Project Work entitled â€Å"A Study on Sales Promotion at PepsiCo† is the original work done by me and submitted to the Pondicherry university in partial fulfillment of requirements for the award of Master of Business Administration in International Business is a record of original work done by me under the supervision of Dr. Bushan D. Sudhakar, Reader, Department of International Business, School of Management. Signature of Student Date:†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 4|Page ACKNOWLEDGEMENT It is well established fact that behind every achievement lays on unfathomable sea of gratitude to those who have extended their support without whom the project would never have come into existence. I now take the opportunity to thank Mr. N. K. Prasad, HR Manager, Lumbini Beverages Pvt Ltd. , who granted me the permission to undergo training in this prestigious organization. I would extend special thanks to Mr. Anish Kumar, Sales Executive, under whose guidance and support I was able to complete this project. During the entire period of my training, I received endless held, support and cooperation from all the employees of the organization. I think my report would be incomplete if I do not convey my grateful thanks to them. I express my sincere thanks to Dr. Prahakar Raya, DEAN, School Of Management and along with him I express my humble and sincere thanks to our Department Head, Dr. P. SRIDHARAN, Department of International Business, School Of Management for their guidance and support throughout this project. With deep sense of gratitude, I acknowledge my sincere thanks to Dr. Bushan D. Sudhakar who has always been a source of inspiration to me and constantly implanted his useful guidelines, experience and provided his valuable time in the completion of this project. Although it is difficult to say that I have achieved what I wanted to present, but within the circumstances and various limiting factors, I have tried to give my best. 5|Page EXECUTIVE SUMMARY PepsiCo is a world leader in a convenient food and beverages with revenues of more than $45 billion and more than 1, 60, 000 employees. The company consists of Frito-lay North America, PepsiCo Beverages North America, PepsiCo International and Quaker Foods North America. PepsiCo brands are available in nearly 200 countries and territories and generate sells and the retail level of about $85 billion. PepsiCo is the world’s premier Consumer Products Company focused on convenient foods and beverages. This project work entitled â€Å"A study on sales promotion of PepsiCo†, was done to become familiar with the working of PepsiCo (LUMBINI BEVERAGES PVT LTD) and to know the strategies used by PepsiCo in the sales promotion. The important objectives of the project were to find out: what are the various types of promotional strategies used in marketing, in which way the strategies are implemented, what is the market share of the company, which promotional strategy is used most, what is the impact of sales promotion during off season, how retailers react to new sales promotions, what are the various tools that the company uses during sales promotion, and which type of promotional offers retailers prefer etc. The project is entirely based on my observations made during the two months spent at lumbini beverages pvt ltd and visits to various markets of Hajipur. Based on my learning and experience, I have made some suggestions to improve the sales promotion activity and services. 6|Page INDEX Chapter I. INTRODUCTION 1. 1 Introduction 1. 2 Statement of problem 1. 3 Objectives of the study 1. 4 Scope of the study 1. 5 Need of the study 1. 6 Research methodology 1. 7 Limitation of study Chapter – 2. 1 . COMPANY AND INDUSTRY PROFILE 9-10 10 11 11 12 12-14 15 16-40 41-49 51-66 68 69-70 71 72 73-75 2. 2. REVIEW OF LITERATURE Chapter-III. ANALYSIS INTERPRETAION Chapter-IV. 4. 1. FINDINS 4. 2. B. SUGGESTIONS 4. 3CONCLUSION 4. 4 BIBLIOGRAPHY APPENDIX:QUESTIONAIRE 7|Page CHAPTER- 1 1. 1 Introduction 1. 2 Statement of problem 1. 3 Objectives of the study 1. 4 Scope of the study 1. 5 Need of the study 1. 6 Research methodology 1. 7 Limitation of study 8|Page 1. 1 Introduction: In the present day world, either there is mass production or ill anticipation of demand, there is always a pressing need for intermediaries of one type or the other, for enabling the goods to reach the ultimate consumer. The purpose is to sell everything that is produced. However, it is really difficult for the producer to undertake the sales or distribution of goods directly to the consumers all by themselves. There for, the responsibility or distribution is undertaken by a number of intermediaries who are often termed as channel or distribution. Sales transfer for ownership from the company within the customers, exchange of goods and services. Sales and distribution is a part of marketing and product design according to the need of customers. Sales and distribution is a primary involvement of transfer of goods and services from the company to the customers. Selling emphasizes in selling the securable surplus available with company i. e. selling quantity convert Product into Cost using trend and techniques of shifting customer to part with the cost. Thus, a salesman introduces the goods to the customer, Interest and persuades them to purchase the goods and finalize the deals of the product. So, the primary objective of sales and distribution is to assist the producer in marketing the goods and services one hand and to satisfy the demand of the consumers on the others. Channel of distribution helps the consumer in providing good of right quantity at the right time, right place and at the right price. 9|Page SourcesThe main sources of the Sales and Distribution is to reach through the channel. Every channel contains one or more transfer point where there is either an institution or a final buyer. In other words, legal ownership of the product changes hands at least once or the producer sales directly to the final buyer and there is no intervening of middlemen Selecting a channel for sales and distribution for their product is one of the important problems faced by manufacturers of PEPSICO It is quite difficult to identity a specific channel which can be considered as the best. There for, each producer most carefully select a channel which will suit his requirement and bring the best result to the firm. The channel of distribution can broadly be divided into two categories i. e. Direct and Indirect. Under direct channel of sales and distribution, manufacturer sells directly to the consumers, without any middlemen, whereas under indirect channel of sales and distribution, producer sells through various middlemen like wholesalers, agents, retailers, etc. This is the shortest channel a producer can adopt for sales and distribution of goods and services. In this system, goods move directly from the producer to the consumers without any middlemen or a merchant. 1. 2 Statement of Problem: The first and foremost step in the problem identification in Sales Promotion. research process consists of Here statement of problem is to know the Sales Promotion activities towards brands. 10 | P a g e 1. 3 OBJECTIVE OF STUDY This study was conducted on â€Å"A study of â€Å"Sales Promotion’ activities of PEPSICO for different retail outlets of Hajipur†. The specific objectives of the study are1. To find out the promotional activities of PEPSICO. 2. To know the distribution channel of PEPSICO. 3. To find out the market share of PEPSICO. against its competitor. 4. To find out the influence of medium of advertisements of PEPSICO. on different age group 1. 4 SCOPE OF THE STUDY This study was done in Hajipur at LUMBINI BEVERAGES PVT LTD. The geographical scope of my survey was limited to Hajipur only. Study aims at relationship between Company Executives and retailers and why any retailer sold particular brand only. The survey covers a wide range of activities and factors, which influence the retailers to sell PEPSICO. Products. The sample of 80 respondents is taken to represent total retails of Hajipur Zone. The validity of the findings of this survey is limited to the period during which the field survey was conducted i. e. eight weeks. 11 | P a g e 1. 5 NEED OF STUDY The eight weeks Summer Training is very important for a student of MBA. This type of study gives some practical knowledge to MBA students and practical knowledge is more useful than theoretical knowledge for any one.

The Nuclear Power Debate Essay -- essays research papers fc

The Nuclear Power Debate   Ã‚  Ã‚  Ã‚  Ã‚  In 1953, nuclear energy was introduced into America as a cheap and efficient energy source, favoured in place of increasingly scarce fossil fuels which caused air pollution. Its initial use was welcomed by the general public, as it was hoped to lower the price of electricity, and utilise nuclear power for it's potential as a resource, not a weapon. However, as people became aware of the long term dangers involved in storing nuclear waste, it's use was criticised. Two accidents, at Three Mile Island and Chernobyl, demonstrated to the world the enormous risks involved in producing nuclear power.   Ã‚  Ã‚  Ã‚  Ã‚  Nuclear power provides 17% of the world's electricity but coal is the main source, making up 39%. However, fossil fuels such as coal, require greater quantities to produce the equivalent amount of electricity produced from Uranium. The use of nuclear power opposed to burning fossil fuels has reduced carbon dioxide emissions by 2 billion tonnes per year, minimising the global warming effect on the atmosphere. Carbon dioxide is responsible for half of man made gases contributing to the Greenhouse Effect, and has sparked action from the UN Intergovernment Panel on Climate Change. Their consensus is a concern for the environment in the next century if fossil fuels continue to be used, even at present global levels. The Panel claims that for carbon dioxide to be stabilised to safe levels, a 50-80% reduction in all emissions would be ...

English Renaissance

The English renaissance was very delayed from the European movement in Florence during the 1400’s but there was many great works and essays when the movement finally did come about. Renaissance with the French meaning rebirth was used to describe the change in ways of the past or â€Å"rebirth†. The renaissance was greatly represented and made understandable by the works of English literature of that time. During the English renaissance there were literary works of playwrights, philosophers, and poets that all represented the movement.The English Renaissance was started around 1485 near 100 years after it had started in Europe, and the real start of the rebirth is said to be Battle of Bosworth Field which formally started the Tudor Dynasty and end of the â€Å"War of the Roses†. Most works did not come about in England till the 1600’s at the height of the English renaissance. There was a large difference between the English renaissance and that of the move ment in Italy; the English renaissance is more of works of music and literature while in Italy the focus was on visual arts.Philosopher Francis Bacon and Queen Elizabeth herself both wrote of problems with way things are done. Both wrote of their own views on the way that people are, Francis Bacon wrote to warn of the ways and Elizabeth wrote to try to represent the ways of man. The literary works of writers, poets, and playwrights represented the English Resistance and the views of the time. Francis Bacon was a famous philosopher during the English Renaissance, he wrote religious/literary, scientific, and juridical works.Much of his work greatly represented the renaissance, some of his scientific writings lead to the creation of the Baconian Method or what is now known as the scientific method. Bacon wrote about man, and improving the learning habits, because at the time English improvement of learning was at a standstill. Francis Bacon was known as a man of science, his studies on man led to the essays that described many different aspects of life and how people typically handle them. His work â€Å"of Studies† represented the Renaissance humanism, the improvement of man to his full potential.This piece is a work to describe the benefits of reading, at the time most of the lower class were illiterate. The line â€Å"Crafty men contemn studies, simple men admire them, and wise men use them; for they teach not their own use; but that is a wisdom without them, and above them, won by observation. † Helps build the idea that studies improve one, because the simple man is the one left at awe while the others get ahead because they have read and learned. Bacon used this piece of work in showing that if lacking in areas of intelligence reading can help cure it.This work represents the Renaissance because of its main point that reading is important, that mainly being because a large group mainly lower class were illiterate, and the learning methods in E ngland at the time where totally at a standstill. Bacon had works of improving the Learning process and â€Å"of Studies† is part of the idea â€Å"So every defect of the mind may have a special receipt†, Meaning that studies can cure any problem of the mind. During the highest point of the English renaissance is William Shakespeare, who greatly represents the ideals of Renaissance humanism in his plays and sonnets.William Shakespeare is a famous playwright/poet from the 1600’s. He is most famous for his sonnets and in particular sonnet 130 represents the major works of literature during this time period. Shakespeare not only had sonnets to represent the renaissance but all the play Hamlet shows that people with higher intellectual capabilities were witty and self-knowledge. The play hamlet expressed the ideals of Humanism in Hamlet himself, a prince who used wit and self–expression to solve the problem.Hamlet easily uses his knowledge to discover that hi s uncle murdered his father. He uses the same principles that support Francis Bacon’s idea that a learned man is a wise and witty man. Acting on his feet he devised a plot to discover the truth of his father murder, scripting a play of the murder to watch the reaction of his uncle. Many of Shakespeare works represented the change of England at the time. Shakespeare’s sonnet 130 is about his mistress. It mocks the works of Petrarch and other Renaissance writers on describe the beauties and perfections of lovers.The renaissance was plentiful of works describing love, but sonnet 130 approaches the typical love poem at a different point of view. Shakespeare describes the flaws of his lover â€Å"And in some perfumes is there more delight, than in the breath that from my mistress reeks† this unflattering remark along with many others act to not only mock the other writing style but to show the imperfections towards his love. In the last couplet of the poem Shakespear e brings in the aspect of love, matching the poems and other love literature of the renaissance. And yet, by heaven, I think my love as rare,  as any she belied with false compare† this final couplet infers that he won’t lie and tell his mistress she is perfect and â€Å"walks on water† , he will tell her the truth and love her either anyways. Towards the end of the renaissance in the 1660 Owen Feltham wrote the great English essay â€Å"Of Dreams†, writing about the significance of dreams. Dreams could be used to tell a man’s true intentions, unaltered by the real world. Feltham talks about how the wise Zeno said â€Å"He could collect a man by his dreams.For then the soul, stated in a deep response, bewrayed her true affections†, saying dreams are also much more. Sleeping helps the growth of wisdom from self-understanding, but not all dreams are ones that should be followed. He talks of a man who dreams of a way to fix his spleen pain by opening two veins between his fingers, this is not a dream you would want to wake up and test. He states that some dreams could be considered wise and some to be far out to pursue without practice or planning. Dreams may be, to a wise observer, be of special benefit†, so he is saying listen to your dreams, if your dreams are representing you and if anything from Hamlet is true about self-knowledge leading to wit and wisdom, than listening to your dreams should make you wise. Your dreams are unfiltered versions of your ambitions, and the renaissance was a time of rediscovery. Going from the illiteracy to poems and plays and speeches about self-discovery and love, â€Å"of love† is a work that is on the edge of improving knowledge. You won’t learn a book or learn math by sleeping, but your mind might come up with ideas that cannot be taught.There is a genius of the sleeping mind; it is not altered by reality, with that it might be able to come up with a solution to an unsolved problem. The renaissance in England is argued to not be named that in itself because it was not a social rebirth of roman literature and art; it was a rebirth of ideas. The mindset that was in most works of literature of importance brought up ideas of self-knowledge, and wisdom, this was known as renaissance humanism. I feel most connections can be made through works of literature at this time by that idea, that man should improve themselves.All the works of the time are pieces of art in themselves, the way that Shakespeare organizes a typical love poem to mock other writers and come up with a creative way to state his love. Renaissance humanism can be found in the deeper thoughts of Owen Feltham, leading to his writing on self-discovery by dreams. These works not only represent the ideas of the renaissance they are what make up the renaissance, they are the â€Å"beautiful art† , England’s renaissance was not one of visual arts it was on literature and th eater.

Evaluating the Arts Essay

The two pieces of art I have chosen to write about are both performance art pieces by Trisha Brown. Brown is a postmodern performance artist whose work is shown throughout the United States, although mostly in small, liberal arts colleges, such as Mills College in California. All of her works are considered to be extremely experimental, as well as extremely contemporary and postmodern. The first work is Man Walking Down the Side of a Building. However, the actual still shot is called Walking on the Wall, and for our purposes, this is what will be studied. The still frame involves five bodies, all literally suspended, walking on a wall. The five dancers are in no particular order. They are simply walking, in order, at any pace, down the wall. This 1971 piece was designed to be performed at a specific site, with the dancers suspended in harnesses, moving along the wall. The wonder of this piece of art is that there is absolutely no metaphorical meaning. Now, that is not to say that there is no deeper meaning. There certainly is. But the piece is viewed by artists as completely unconventional, because this piece was originally a dance of sorts. However, there are no standard five positions of the feet, as seen in conventional, classical ballet. There was no music, no stage set, nothing. It was simply movement, and gravity. Brown was trying to have the audience understand that art does not need to have some sort of deeper meaning in order to be valuable; that’s already been done. The most intriguing part about this piece of art is the colors that were used. As it is all in black, whites, and grays, those shades become the center of the piece, as well as the shadows. Because the shadows point in different directions, it is difficult for the eye to simply focus on one section. In addition, this piece was made in the late 1970’s. Of course, it was extremely controversial, as the form of dance that was en vogue at the time were Balanchine’s classical ballerinas, who of course performed classical and neoclassical works. This was meant to be a rebellion of that form of work. The second piece of artwork I have chosen is a still of Brown’s Roof Piece (1973. ) Much like Walking on the Wall, this piece was created as a postmodern response to art. In Roof Piece, the dancers were on twelve different rooftops over a ten-block area throughout New York City. Each dancer would transmit movements to a dancer on the nearest roof. Therefore, this was actually an improvisational piece. In addition, Brown’s artistic intent was to create a piece of art that had no metaphorical or symbolic meaning. In the still frame of this piece, it is easy to see the fluid, yet also geometric design of the dancers. Of course, this still frame is also in black and white. However, what is particularly interesting about this piece is the way in which the background of New York City is blurry, while the dancer is in perfect focus. The artist obviously intended for the dancer to be the only one in the spotlight. With the busy connotations of the City, it is quite refreshing to see the dancer juxtaposed against the city. In addition, it is almost as if the dancer has been suspended in time, as if the dancer stopped moving so the photographer could find a good shot. Works Cited â€Å"Roof Piece: Brown. † Ncf. Carleton. 20 Aug. 2007 . â€Å"Trisha Brown Dance Company: Man Walking Down the Side of a Building. † Tate Online. Tate Online. 20 Aug. 2007 .

Capital Punishment misc2 essays

Capital Punishment misc2 essays From the beginning of time, crime has been evident in human existence, and from the first crime there has always been a punishment. And it came to pass, when they were in a field, that Cain rose up against his brother, Able, and slew him (Genesis 4:8). This for many people was seen as the first crime. This crime did not go unpunished. Cain was then ostracized from his colony and sent to wonder as a vagabond and a fugitive for his crime (Genesis 4:14). He was also branded with the mark of a murderer. Therefore, the presence of crime in human life is inevitable. Defined in Websters Dictionary, crime is, an act of violation against society and its laws. Punishment is the consequence of the crime. Crimes like fraud, burglary, assault, etc., are usually punished by prison terms. Murder, manslaughter, and homicide maybe punished by prison terms or death. Electrocution-the three legged oak chair was constructed in 1923 by inmates and is still used today. (ironic isnt it?) The electrocution cycle is two minutes or shorter in duration. Voltage and amperage levels peak on three occasions. Maximum current is 2000 volts and 14 amps. The executioner is an anonymous, private citizen who is paid $150 per execution. The position of executioner was advertised in several Florida newspapers in 1978. Lethal Injection-execution by lethal injection involves the continuous intravenous injection of a lethal quantity of a short-acting barbiturate in combination with a chemical paralytic agent. A number of doctors have pointed out that drugs may not work effectively on diabetics or former drug users, whose veins may be hard to reach. In some cases minor surgery may be required to cut in to a deeper vein, according to medical testimony. More states use this form of execution than all US states. Gas Chamber-prisoner is restrained in a hermetically sealed steel chamber below which is a pan. Upon a signal, the...

Use Modal Verbs With Care

Use Modal Verbs With Care Use Modal Verbs With Care Use Modal Verbs With Care By Maeve Maddox English, like other Germanic languages, makes use of a special class of verbs called modals: can, dare, may, must , need, ought, shall, will. Modals serve useful functions in expressing various tenses, moods, and conditions, but they can have an insidious effect on ones writing. The topics I write about mostEnglish usage and educationare modal minefields. Its difficult to express opinions about these topics without falling prey to words like must, should, need, and ought. Ex. Politicians must do this. Teachers ought to do that. Speakers should say this. Modals tend to cut off discussion. They close the subject. They create resentment and hostility. Consciously or unconsciously the reader wonders, Why must I? Why should I? Why ought I? Few people enjoy being told what to do in an imperious manner. Modals leap onto the page when we feel strongly about a subject. The challenge to the writer is to find words that will convey the importance of an idea without hitting the reader over the head with modals. Instead of telling your readers what they ought to do, look for words that lead them to embrace the ideas you are presenting. Conclusion: Writers should avoid modal verbs in their writing. OOPS! Writers achieve greater clarity and offend fewer readers by avoiding modal verbs in their writing. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Grammar category, check our popular posts, or choose a related post below:50 Rhetorical Devices for Rational Writing40 Synonyms for â€Å"Different†Wood vs. Wooden

Morality vs. Rational Self-Interest Essay Example | Topics and Well Written Essays - 250 words

Morality vs. Rational Self-Interest - Essay Example This means that an immoral behavior, as opposed to the moral one, is hypocritical, irrational or insincere. Psycho-socially, there are situational occasions in which people weigh the pros and cons of their behaviors, and rationally and sincerely decide that the best things for them to do are precisely what moral forbids. In other meaning, what do we make of the situations under which morality tells you to do one thing whereas self-interest tells you to do exactly an opposite thing? Accordingly, many social role players are psychologically directly inclined to improve their self-interests above any other innate behaviors including morality. For the psychologically inclined individuals in the elevation of self-interest, when self-interest and morality come into a head-to-head conflict, morality loses out. Per se, rationally speaking, morality should always conquer self-interest. In summary, the conquest nature of morality on self-interest, in the long run, may ruin the societal structural functionalism. In a society where morality set standards to the self-interest, there would be an implication of lack of facts about the right and wrong; people would be free to do whatever they like thus leading to the dysfunctionality of the structures.

My Impressions of the Beach Essay Example | Topics and Well Written Essays - 500 words

My Impressions of the Beach - Essay Example Whenever I go to a beach, I sit there for hours just looking at the waves which rise and clash with the shores and silently move back again. It always makes me feel calm since I relate it with my anger. Like the rising waves, the anger surges high and thinking about the waves I try and subside it. The waves are such an inspiration. The splash of water hits my face and I feel so relaxed as if time has stopped and there is nothing else to do except just sitting on the sea-shore and watching the beauty of nature. The rays of the sun embrace me and as I move towards the water, the sand slips away from beneath my feet. The waves crash against my body and move back as I keep moving forward. The cool touch of the water is a stress-buster and relieves my mind of all the tensions. The fast blowing winds breeze against my face and leave a soothing effect. I love watching the sunset at the beach. The reddish-orange sun looks extremely beautiful and shimmers the endless stretch of water as it sets. Hundreds of people come to watch a sunset. A number of couples enjoy some quality time with each other right under nature’s cover. Photographers run around to compel the love-lorn to get clicked in the scenic beauty of the beachside. When I was a kid, I used to crave to go to my aunt’s beach house during summers. Every weekend of June and July, we used to visit and stay at my aunt’s beach house where I learnt how to swim. It was so much fun to keep moving with the waves while inside kids float. The moment it took me a little ahead, my elder cousin used to drag the float back along with me. The waves almost covered me and the salty taste of the water gave me a tangy feeling.

Vietnam and the Eisenhower Era Essay Example | Topics and Well Written Essays - 2250 words

Vietnam and the Eisenhower Era - Essay Example The Vietnam policy of Eisenhower may therefore be summed up under the two following headings: (a) a reluctance to actively go to war in Vietnam using the full power of the American attack force, in spite of the fact that he acknowledged the Communist threat from China in south east Asia. This created domestic political friction within the Republican Party. It caused a split between those who fiercely opposed Communism, favoring full scale war with Vietnam and Eisenhower, who held back for reasons of safety and preventing loss of life in war. (b) using air attacks rather than focusing the strength of the attack on land forces. This created initial setbacks in the war as the Vietnamese showed their superior land power, that later led to the defeat and withdrawal of American forces. This is why the Eisenhower policy is important. All the ambiguities, uncertainty and losses generated during the Vietnam war were due to the policy that was followed by Eisenhower. It also gave the Democrats an opportunity to attack the Republicans for their â€Å"weak† policy in Vietnam because they did not take strong effective action to go to full scale war in Vietnam. Bipartisan politics and bickering was the result. Eisenhower’s policy made the clear cut division between Republican and Democratic to blur and become less well defined. His policy in Vietnam was most unlike the Republican witchhunt of Communists, in fact it was more a pacifying policy like the Democrats had.

Operation Management And Strategies Starbucks And Cocacola Marketing Essay

Operation Management And Strategies Starbucks And Cocacola Marketing Essay In this present document we are going to analyze several aspects of operation management and strategies considering two companies: One from the service industry, Starbucks and one for the manufacture industry, Coca Cola. We will study their supply chain and assess its impact on both companies success and profitability. Then we will analyze their operational strategy to determine in which measure it contributes to their competitiveness and we will strive to provide ways in which challenges of the different companies could be overcome so that they can strengthen their own competitive advantage. Finally we will establish a location analysis in order to identify the best place for the companies to implement a new operation. The supply chain refers to the way that materials flow through different organizations, starting with basic raw materials and ending with finished products delivered (Gaither Frazier, 2002). This involved many activities and therefore we have to think about the best way to manage it in order for a company to be successful and profitable. We can then define the supply chain management as a set of approaches utilized to efficiently integrate suppliers, manufacturers, warehouses, and stores, so that merchandise is produced and distributed at the right quantities, to the right locations and the right time, in order to minimize system wide costs while satisfying service legal requirement. (Simchi-Levi, Kaminski, Simchi-Levi, 2003) The Starbucks supply chain is made of the following activities which are either external or internal to Starbucks organization: Coffee producing, importing, manufacturing and roasting, distribution to retail shop, marketing, delivering to the consumer. Supply Chain Starbucks Activities involved from the coffee production to the roasting are external to the company. They can involve many counterparts such as the small coffee producer, the processor, the exporter, the broker and the importer. To optimize these activities Starbucks manage them in many ways emphasizing its commitment to ethical coffee sourcing and fair-trade and global responsibility. Starbucks establishes relationship with growers and distributors and deal directly with farmers. It offers high prices to ensure that poor coffee growers have enough money to cover their production costs and their family needs. It uses fixed prices purchase commitments to limit its exposure to price fluctuations and purchase future contract to provide price protection. Moreover, to spread companys risk linked to the weather and the political and economical issues, Starbucks sources bean from multiple geographic areas. Starbucks commitment to ethical sourcing (it introduced the C.A.F.E program Coffee And Farmer Equity in 2004) allows having a better quality of product, a greater visibility in the supply chain and better relationship with farmers which contribute to reach success and profitability, that is to say to reach its objectives and generate wealth. Activities involved from the roasting to the delivery to the consumer are part of internal elements to the supply chain. They involve many activities such as the manufacturing, the planning, the inventory, the transportation and distribution. The key to reach success and profitability for Starbucks is to set an integrated supply chain operating system based on managing the flows. They manage the materials flows through DRP (Distribution Resource Planning) and TRP (Transportation Requirement Planning). They also put the emphasis on the information flows management to share the relevant information and to detect the supply chain opportunities at different level. The management of the marketing plays also an important role in developing the awareness of the fair trade initiative that helps justify Starbucks premium prices. The Coca Cola supply chain involves many activities namely, the supplies of raw materials and packaging, the manufacture and production of beverage concentrate, the sales to the bottlers and distributors, the Research and Development and the delivery to customer and ultimate consumer. Supply Chain Coca Cola The internal activities of the companies are limited to the manufacture of the concentrated syrup, the selling to the bottlers, the owning of the brands and the consumer branding initiatives. Therefore the companies can focus on its core competencies such as the production of syrup and the brand development to achieve its objectives and reach success. The fact that the bottling is outsourced allows the company to focus on its core competences and therefore ensure certain profitability. The others activities are part of the external supply chain but Coca Cola strives to integrate all the supply chain activities developing a strong partnership with its bottling partners. They are in charge of manufacturing the final product, packaging, distribution and merchandising the beverage to the customer and vending partners who then sell the product to the ultimate consumer. The supplies of raw materials are mostly linked to specific nutritive and non nutritive sweeteners which are available either within the United States or outside. There are numerous sources of raw materials and they are often subject of prices fluctuations. So Coca Cola has a wide choice of raw materials suppliers so that it can spread the prices fluctuation among them and therefore control its supply chain. The procurement suppliers and bottler partners have to meet certain standard to deal with Coca Cola Company and have to commit to guide principles and incorporate sustainability. Consequently Coca Cola can achieve its objective of quality and control. The Coca Cola supply chain organization allows to enhance customer service and to optimize cost and investment. How does each companys operational strategy improve its competitiveness? According to the Competitive Advantage Model of Porter, a competitive advantage refers to the adoption of offensive or defensive action to create defendable position in an industry in order to cope with competitors and generate a superior return on investment. The basis of above average performance within an industry is sustainable competitive advantage which can be either cost leadership or differentiation. Both of the companies we are analyzing have adopted the differentiation strategy. Furthermore the operation strategy is aimed at providing competitive advantage through its performance at the five competitive objectives namely, the quality, the speed, the dependability, the flexibility and the cost. Starbucks operational strategy improves its competitiveness through different ways. First of all Starbucks has understood that developing successful partnership would be a strength to develop competitive advantage first to ensure quality of product and secondly by adopting fair trade and ethical sourcing of coffee. Indeed Starbucks used to develop relationship with the countries it exports the coffee beans from. For example it collaborated with a small town of Pasto where they set up a special operation to grow the particular Narino Supremo bean and Starbucks committed to buy the entire yield which allow to be the exclusive Narino Supremo , one of the best coffees in the world and therefore to build a competitive advantage. The ethical commitment is a strong part of the operational strategy to develop specific partnership with small farmers and strengthen competitiveness. Starbucks has developed a shared planet program where it establishes environmental, social, economic and coffee quality principles to comply with C.A.F.E (Coffee And Farmers Equity) principles guid elines. This program enables Starbucks to differentiate from its competitors. Secondly Starbucks operational strategy tends to expand its market through a number of channels such as licensing stores but also with hospitals, bank, office buildings, supermarkets, shopping centers, hotel and airlines. The strategic operation model of Starbucks is to blanket an area completely even if one store cannibalizes another one because the Starbucks every-where approach cuts down delivery costs and increase the foot traffic in the area (Mr. Coffee, 2003). It develops partnership using local partner licensee who have experience in retail and restaurant in order to provide a good service to customer and fit the corporate culture of the company. Starbucks strives to develop good relation with the partner licensee to help it recruiting talented employee and put the emphasis on the customer service to build sustainable competitive advantage. The key to successful partnership for Starbucks is to share relevant information and communicate on supply chain opportunities to optimize processes. Added to this Starbucks operational strategy focuses on developing a strong corporate culture which enable to strengthen its competitiveness. Starbucks strategy is to empower employee culture through benefits program, employee stock ownership plan and staff and management training. The management staff is trained to understand how every activities of the supply chain fit together so it can be more effective and competitive. Finally Starbucks operational strategy aims at putting the emphasis on the marketing operations in order to differentiate the format. Indeed Starbucks marketing actions have to develop a given image of a small scale and high quality roaster in ethnic culture enclaves who sells not only quality coffee but also an atmosphere, a personality, an escape, the self esteem and therefore an interpersonal relation. This image reflects Starbucks personality and consequently enables the differentiation. Coca Colas operational strategy is aimed at building its competitiveness in many ways. First its operational strategy is customer focused striving to take into account customer needs and providing a response to it in a right way and in a right time. The company sustains its success and competitive advantage by creating new ways to deliver value through innovation responding to customer and consumer needs in a fast way. For example Coca Zero refers to a new consumer need. Secondly Coca Cola put the emphasis on the differentiation to strengthen its competitiveness by building global brand. It invests in marketing campaign to develop a strong image, improve its fame and impose its brand in a global basis. Therefore consumers have developed a loyalty to the brand and Coca Cola owns several brands that consumers are willing to pay a premium price for it. More over it has developed so much economies of scale through global networks that the emphasis on marketing and advertising fix important barriers to entry for potential competitors. Coca Cola also improves its competitiveness by adopting a collaborative approach to work with their suppliers to green their supply chain. It invests in new technologies and innovation to help their suppliers who do not have the ability to do so, for example in investing in new technologies vending machines which are better for the environment. Therefore it gains competitive benefits not only because of the energy savings but also from a corporate social responsibility point of view. Coca Cola has understood that integrate its suppliers would lead to supply chain excellence and therefore to sustain a competitive advantage. Consequently the Company has created Coca Cola Supply which invites all the bottlers partner to participate. The purpose is to provide a system wide leadership to control supply chain through integrated planning, joint initiatives and best practices processes. According to Coca Cola Supply, they are transforming the supply chain from a series of discrete, inconsistent activities to a single, harmonious and sustainable system (Coca-Cola Supply Created to Drive Supply Chain Innovation, 2009). Polar diagrams performance objective of Starbucks and Coca Cola What challenges do the operational strategies present and suggest ways in which they can be overcome. Operations strategy is the decisions which shape the long term capabilities of the companys operations and their contribution to overall strategy through the on-going reconciliation of market requirements and operations resources. Regarding Starbucks operational strategy many challenges could be addressed according different issues in order to be more profitable and to sustain a competitive advantage. The first thing is to always meet the customer needs for value and quality in identifying the best ways of quality processes. This implies that Starbucks has to find more suppliers quality and stability by developing partnership with different coffee farmers in order not to be dependant of only few suppliers. The quality implies also to control more and more of independent vendors, partners and licensees. Indeed the quality is one of the core value of Starbucks and reach it allows first the differentiation and secondly the conformance with customer expectations and avoid customer complaints. Starbucks has to keep developing ethical sourcing which benefits to the companys quality and image. Starbucks should assess the risk of its supply chain especially in raw materials procurement in the different countries and asses the political, geographical, natural, infrastructural risk of each country. Indeed if an incident happen in one of the procurement place Starbucks must not be dependant of few suppliers and should react quickly. It is therefore really important to develop the partnership with different countries in order to prevent late delivery and save costs. One of the challenge Starbucks will have to face is a potential saturation of the US market. Consequently a globe expansion in key market is an operational strategy Starbucks has to develop. The international expansion of the concept involves prospecting efficiently new markets and assessing the potential of success in each market. The key is to find local partner to grow the number of licensed store and impose Starbucks as a global brand. The partner have to share the same values as Starbucks and the company have to help them finding the best talent and train them in order to strengthen more and more the corporate culture. Developing new product is also an important challenge for Starbucks. Indeed the concept is mostly based on a few products which do not allow very much flexibility. Reaching flexibility will enable Starbucks to be more reactive in case of potential change from the market. Consequently the company has to develop innovative product and service while keeping its strong value of quality. For example it should be interesting to develop co-branding with other brand which presents the same value as Starbucks in order to launch new product like the company did in 2004 with Hewlett Packard when they create a CD service burning in a store in California. Coca Cola is one of the biggest brands in the world but even if its renown and profitability is well established there remain important challenges that the company has to cope with. First of all Coca Cola Company possess many brand but one of them generates around 50% of the total revenue. Therefore the company is in way dependent of one brand which can be a limit to its flexibility even if the customer loyalty to the brand is well established. Indeed Coca Cola needs more flexibility in case of market change and especially in case of consumer behavior changes. Besides we can notice a new trend where people become more and more health consciousness and look for nutritive drinks without calories. Therefore a threat of substitutes appears. In order to cope with the potential market change Coca Cola has to put the emphasis on innovation with new brands, products and packaging more adapted to consumers needs and demand. Secondly Coca Cola have to develop ways to be always more and more profitable and efficient. The key is to reduce the cost in order to increase the margin. The areas where the company could reduce these cost is the transportation and the production. Consequently Coca Cola has to identify the best places to buy, make and distribute the product. It has to monitor each region and each country comparing different parameters which will affect the supply chain such as the weather, the port and transportation, the fuel prices, the labor rates and the internal regulations of each country which can provide opportunities. Finally Coca Cola Company has to continue the effort put on green and environmental development. Indeed the company has often benefited from a negative image of a multinational company which tries to reach profit to the detriment of the planet well being. Therefore it has to keep investing in green technologies and support sustainable development with the suppliers in order not only to save energy costs but to benefit from a corporate social responsible company. Each of your company is considering locating a new operation in one of Japan, Thailand and Singapore. Source information on each of these three countries and based on the information found and using the relevant location analysis tools select which country to locate in and support your choice. You need to define why they wish to locate an operation there i.e. what market are they servicing. You should include demographic, infrastructure, cultural, geographic information, etc. Starbucks wants to locate a new operation in Japan, Thailand or Singapore. Indeed the company wants to expand its market on a global basis to cope with a potential saturation of the United States market. Therefore Starbucks wants to develop licensed stores operation in one of these countries. The key factors in such operations are the demographics, the branding and the potential revenue that each country could offer to the company. Therefore the main factors in the decision factors are the following: Quality of life issues in the community: indeed Starbucks targets a relatively high living standard consumer. Worker education and skills: the emphasis of the quality of the staff is really important to strengthen Starbucks Corporate Culture. Site costs: The rent is part of the profitability of the stores. Cultural abilities to modern changes: Starbucks is an American company, and its values have to fit with those of the country choose. Labor availability: It is important for Starbucks to find available talent. Coca Cola Company would like to improve its competitiveness and reduce the cost of transportation and production. Consequently the company would like to set up a new manufacture of syrup in Japan, Thailand or Singapore to reach this objective. Therefore Coca Cola has to monitor each country to assess the potential opportunities it could offer. The main factors in the choice of the location are the following: Proximity to raw materials and suppliers: As a manufacture of syrup, it is important to be closed to the suppliers to reduce costs and improve efficiency. Labor costs: The cheaper is the workforce the greater is the margin. Transportation availability: The products have to be imported to the different bottlers and it is therefore important to optimize the transportation cost. Site costs: The fixed cost linked to the rent should be the least in order to increase profitability. Government fiscal policies: all incentives or taxes impact on the cost. In order to compare each country we will set up a brief overview of each countrys characteristics. Japan has a population of 128 million of inhabitant and is one of the most densely populated countries in the world. With a nominal GDP of about $4,9 trillion in 2008, it is the second richest country in the world. Moreover, with an HDI (Human Development Indicator) of 0.96 it is the tenth highest standard living country. The government is a parliamentary democracy and put the emphasis on the environmental and sustainable development. The infrastructures are well developed and Japan is open in the world. According to the Big Mac Index Japanese people have the highest salary per hour in the world and the unemployment is low with a rate of 4%. Education is quite competitive and 75% of high school graduates attend a university. The culture has seen deep change from a very traditional to contemporary one. It influences by Europe and North America. Japanese people are quite open to modern changes. Thailand has a population of 64 million of inhabitants and a nominal GDP in 2008 of about $273 billion and a medium HDI of 0.783. Thailand has been ranked by the Global Competitiveness Report of 2008 34 out of 125. The quality of education is medium but tends to improve through the private education. The cost of labor remains quite low and unskilled. The government has seen many changes since the last few years but tend today to be stable. It supports today through the National Science and Technology Development Agency the research in science and technology and encourage foreign private investment in this field. Thailand remains a very traditional country where tradition is strongly established. Concerning Singapore, with a population of 5 million of inhabitants and a nominal GDP of 182 billion in 2008 it presents a high standard of living with a HDI of 0.944. It is the least corrupt country in Asia and is a highly market based economy (one of the four Asian Tiger). Singapore has developed free trade agreement with USA in 2003. The unemployment is low and is about 5% and we can notice a shortage of skilled workers. Manufacturing constituted 26% of Singapores GDP in 2005. Singapore has one of the busiest ports in the world and is the worlds fourth largest foreign exchange trading center. Singapore is a major international transportation in Asia. Singapores culture is still very traditional society. In order to choose in which country we will operate we are going to use the Factor rating method which is useful for service and industrial location and which is one of the most widely used location technique. (C1= Japan, C2=Thailand, C3=Singapore) STARBUCKS FACTOR RATING METHOD Factors Weight Rate C1 RateC2 RateC3 ScoreC1 ScoreC2 ScoreC3 Quality of life issues in the community 30 90 60 75 2700 1800 2250 Worker education and skills 20 80 50 65 1600 1000 1300 Site costs 15 60 70 65 900 1050 975 Cultural abilities to modern changes 25 80 50 60 2000 1250 1500 Labor availability 10 85 60 70 850 600 700 Total 8050 5700 6725 According to the Factor rating Method, Starbucks should implement its new operations in Japan in order to be successful, profitable and therefore achieve its objective of expanding in new markets. COCA COLA FACTOR RATING METHOD Factors Weight Rate C1 RateC2 RateC3 ScoreC1 ScoreC2 ScoreC3 Proximity to raw materials suppliers 25 60 55 65 1500 1375 1625 Labor costs 20 55 80 70 1100 1600 1400 Transportation availability 25 70 55 85 1750 1375 2125 Site costs 20 60 70 65 1200 1400 1300 Government fiscal policies 10 60 60 70 600 600 700 Total 6150 6350 7150 According to the Rating Factor Method Coca Cola should implement its new manufacture in Singapore in order to reduce its costs of production and transportation. Indeed that is the country which offers the most opportunities to do so in term of proximity to suppliers, transportation costs and labor costs.