Wednesday, August 26, 2020
EXAMINATIONS STRATEGIC MANAGEMENT AND SUSTAINABILITY Essay
Assessments STRATEGIC MANAGEMENT AND SUSTAINABILITY - Essay Example In addition, important business activity procedures and business arrangements as indicated by the business morals help Apple Inc. to keep up its high image picture and incomparable brand value in worldwide commercial center. Aside from every one of these angles, the association consistently creates and executes a few significant techniques in business activity forms so as to increase likely upper hands. The paper will direct a worth chain examination so as to confirm that how Apple Inc. can add to including an incentive in every one of the business activity regions. Moreover, the investigation will decide how Apple Inc. utilizes arrangements and methods to fulfill the desire for the partners. At last, Ansoff grid has been utilized in this paper to recognize different methodologies that could be embraced by Apple Inc. to seek after development. Apple Inc. has received and executed a few one of a kind business activity systems so as to improve viable key administration practices and supportability in business activity process. This piece of the exposition will examine about the received and actualized business activity techniques by Apple Inc. It is a significant vital explanatory instrument that will assist with portraying the classes of exercises inside and around Apple Inc, which together make quality items. Firm framework, HRM, Technology improvement and obtainment are supporting exercises. Then again, inbound coordinations, tasks, outbound coordinations, promoting and deals, and administration are the essential exercises (Figure 1). Apple Inc. by and large acquires the assets and segments from a few various sources far and wide. For instance, PC equipment items are commonly made by the Asian re-appropriating accomplice, for example, Foxconn (Young and Simon, 2006, p.43). As far as crude material securing, the association cooperatively works with its OEM accomplices so as to allocate the procedure of crude material
Saturday, August 22, 2020
Cover Letter stating interest and intent Essay Example | Topics and Well Written Essays - 250 words
Introductory Letter expressing interest and purpose - Essay Example Also, as an investigation understudy during Seoul Korea instructive outing, I obtained powerful open organization strategies. The authority and organization abilities stay imperious in viable administration of Fort Collins people group and inception of monetary exercises. Other than the previously mentioned abilities, I have had thorough involvement with maintainable and effective research as a recipient of Seoul Metropolitan Government. Besides, monetary advancement experience picked up as an understudy at City of Clermont would be overbearing in helping me set up suitable financial exercises for development of Fort Collins and its locale. Besides, I would have the best capacity to start proficient arranging and the executives programs that would elevate economy of Fort Collinsââ¬â¢ people group In addition, I have obtained remarkable arranging, coordination, and the executives aptitudes as an understudy and understudy. I foresee to graduate with an experts degree in urban and provincial arranging and I accept that the course have outfitted me with unparalleled association procedures that would effective execute the laid out obligations and duties. Also, understudy involvement with Osceola and City associations allowed me a prompt involvement with open support, cooperation, arranging, and advancement abilities that I accept would be definitive in organization and the executives of the association. Besides, my adaptable and accommodative relational abilities, characteristic inclination for change and working with individuals would be vital in building up an outcome situated workforce at your strong
Friday, August 21, 2020
American Politics
American Politics American Politics HomeâºResearch PostsâºAmerican Politics Research PostsAbstractThis research paper will explore various articles and books that focus on American politics. The different articles have various distinctions on how they view the American politics. They also point out the problem with the American politics that is making the practice not progress rather just lag behind or a repetition with every new member who is elected to congress of what the one before him had done. Ronald Brownstein in his book refers to this as a second civil war and calls it the polarization of the American government and not its citizens. Another article by Peter Beinant points out that the American citizens are tired and angry with Washington and do not want to hear of them and yet again they canât wait to elect new people (Beinart 31). The paper will show how American politics is power oriented and lacks progression toward the right path. Power is the ability of a person to influence others into doing what he/she wants. Power is selfish and non progressive. For political progression, the politicians aim at changing things from what they are to a better situation and it is not personal oriented.IntroductionPolitics is a common term used in government or in state run institution. The term though can also be used in other institution except the government. These places include companies and even also businesses. Politics is a situation through which decisions or policies are made by a group of people on behalf of others. In America today the game of politics is still ongoing and the problems that are arising are that there is no progression in the politics. It always the same story of who will be the most powerful as compared to the one who left, or who will make America a more superpower in the world. They totally neglect the progression of the country and in how they conduct their politics. This paper will demonstrate the problem with American politics. It will mostly focus on how politicians are more interested to be powerful than to progress and in how they conduct their politics.DiscussionThe problems in American politics are caused by political parties. Political parties are more interested to become more powerful that the other party rather than in serving the people. This is the case especially on the part of the senator. The election of senator to the congress should have remained in the hands of the state to appoint rather than electing them to the congress. This might have been seen as a progression toward democracy but it turned out wrong. Many senators are more committed to their political parties rather than to the state or to the people who elected them. They want to be more involved in making the party that they belong to more powerful than in serving the citizens of America. This is very selfish and it shows digressions of politics.The other problem being brought about by the political parties is how they change the beliefs and pri ncipals of candidates. Political parties usually take stands on issues so that they can lure people to vote their candidate into presidency. These issues include abortion, terrorism and also gun control. A good example is Al Gore, who was against abortion and gun control turned against his beliefs because he wanted to fit well with the Democratic Party with which he was running with as senator. He did not change his mind because he reflected on the issues and thought maybe he should be lenient, no he did so because he simply wanted to fit in. political parties are more power oriented rather than progression, from the above instance if we were progressing then a party should have given Al gore the chance to run on their ticket regardless of what his principles were. The same case happened with Joe Lieberman, who ran as a candidate for the party even against the people of Connecticut wishes.Political parties have become so power oriented that they no longer care about representing peo ple in the particular states (Hutson 14). In fact the state members have no say in what candidate they want. Most parties rely on donations from well wishers into their campaign these donations are made by powerful people to the parties and this same people get to choose the candidate that they want to represent them. Good candidates that may represent the states well and bring about political progression are left out because they have no party to support them in the election. Politicians no longer work independently, in fact they act as frontiers for what the party needs and yet the people thought they were electing an individual to represent them but they end up electing the party.For America to experience political progression it calls for a check on political parties, or rather maybe there should be introduction of more than two political parties so that the people are widely represented (Hutson 102). There have been formation of parties though and political interest groups. The se groups are mainly against what is happening in Washington and what they would like to see changed. The tea democratic party is one such party .the other thing that we can do is return the power back to the states rather than to political parties or make amendments to the 17th amendment in the constitution maybe then we can lean toward progress rather than power.Another root cause of political problem may be sprouting from the government intent purpose to control foreign governments so that they can demonstrate power. The government pays more attention to foreign countries than to its own citizens. Lately, the United States government has been involved in the Arab countries affairs for example, Libya. The American government has put some sanctions on the Libyan government. This has made it difficult for the Libyan government to solve its issues leading to a civil war. The American government wants to prove its political might all over the world. If it succeeds in Libya this shows that they are the most powerful and they can do everything. When they are doing this they are doing it at the expense of their citizens who are their back at home.As a superpower the American government feels that it is obligated to interfere with other governments on private issues and yet what they are really doing is destroying their own political progression. For instance, they have spent a lot of money on the Iraq war where dozens of American soldiers have lost their lives fighting a war which is not their own but because they want prove they are powerful they have done it at their expense. Families for the soldiers who are back at home often have the pain of receiving their dead family members knowing that it could have been avoided if they did not try to interfere with other foreign countries political crises. Therefore, if the American government needs to have political progression in their country they need to stop interfering with other countries internal affairs because i t will do more harm to them than good.Due to the American government trying to prove its political power in the foreign countries it has lost some of its allies who could have been helpful in the creation of political progression in America. Due to the involvement of the American government in the affairs of other government especially the Muslim nations, like Egypt and Libya, the American government has lost some close ties that it had with other Muslim nations which could have led to political progression in their own country by having good relations like trade. This could improve America both economically and politically and make stronger than when it is trying to fight everybody in the world (Brownstein 234). Therefore, before the American government intends to interfere with other American countries they need to reconsider the friends they are going to lose and could be helpful to them in other ways for example, economically.When the American government is trying to involve its elf in other foreign countries affairs they lose a lot of money in the wars of other countries and yet the money could have been used in own countries to do other things. With the country being hit by recessions this means that most of its citizens are suffering with ether unemployment or high standards of living. For example, a lot of money has been lost in the army due to the government involve in Iraq. The money that is being used by the army to involve itself in the Iraq affairs could be used by the United States government to try and save its country from recessions (Brownstein 244). Therefore, if the American government requires gaining political progression, they need to consider the amount of money that they are wasting so that they can prove their political power or superiority.One of the policies of the United States government as super power has to be fighting terrorism. Although they have a right to protect themselves from other terrorist attacks especially since the Sep tember eleventh attacks, the methods that they are using to fight these terrorists are not right. They are using a lot of force which is unnecessary and it is costing more than it is supposed. This is because it is happening at the expense of its citizens where they could spend that time and money developing other policies that will help the government both politically and economically. Additionally, the way they have concentrated in killing Osama, it has been like the obsession of every America president to prove that they are powerful. Due to this obsession, a lot of money is lost which could have been used in the creation of the economy of the country.In the fight against the production of the nuclear weapons, American country has been so actively in the war against the production of nuclear weapons leading them straining their resources. They do this because if another country happened to have nuclear weapons they fear that they might become more powerful than them. Due to this the different politicians in America are so keen in protecting their superiority. For example, Iran has been producing nuclear weapons. This has led to the American government so worried that the Iranian government might want to become superior to them or use those weapons on attacking America. It is because of these fears that the American government has been using most of their resources in trying to stop the creation of the nuclear weapons at the expense of their country and yet these countries like Iran might be producing these weapons for self defense purposes.The problems of politics are also greatly affecting the economy of the United States. There is so much politics present in the congress that causes delay in the progress of the economic recovery. The government is not making the right decisions and their efforts towards the recovery are not good. In fact other politicians have already foreseen an opportunity to use in their next campaign. Instead of helping the government deal with the problem that is affecting so many American citizens. This has always been common, because all that the politicians care about is to get power and not to help people or the country to progress. It would be good if the politicians tried to find out ways to control this route toward maybe another recession instead of just planning on how they will use the failure of the current presidency on solving this issue, so that they can lure voters to believe them and elect them to the white house so that they could solve the problems. This is not good politics and its not on the way to progression.The other apparent problem in American politics is the way politicians already start planning for succession of office even before the term is done. In fact most of them start as early as after the new government has just been elected and when things start not to work with the current government they start searching for new candidates. Take an example of today; the republicans are alre ady planning to use the democratsâ failure in office as their next campaign strategy. The fact that unemployment rates are increasing at an alarming rate and also the rise of fuel prices and the inability of the government to create job has created an opportunity for the opposition to penetrate to the white house. This is not good politics and it does not help the country to develop in the right direction, all that these politicians are thinking of at this point is to gain power and maybe after they are in power the same problems will also face them.Itâs time we all raised a flag on the politics of today in America before we all perish in its game or we just may never have any say in what should be done in our country. Politicians should also make sure they have a change of the way they conduct their politics and the policies they put in place and how this policies are affecting the citizens. Political progression is about letting the people have their say and also properly repr esenting the needs of the people in the congress. Progression is about making people to be more interested in what politicians are doing rather than having people hate and dislike the politicians and wanting to have nothing to do with them or having to wait till they can replace them. Politicians should empathize with Senator Evan Bayh, who was strong enough to step down because he did not agree with what the congress stood for and its policies (Beinart 35). If we have more of these politicians then we are bound to have political progression.ConclusionTo conclude, this paper has displayed how politics of the modern America are conducted and the problems that this politics have. It has also shown how politicians are more concerned for political power rather than for progression. The route for the problems is caused by the political parties themselves, especially on how they have managed to have more power over their candidates and on how they want the candidate to represent their p olicies and not those of the members of the state. The second display of political problems in the modern America today is how the government is more concerned with foreign countries at the expense of its own, mainly because they want to retain the position of them being world superpowers. The other problem is how their policies are causing economic problems for the citizens and the nature of politicians who are in the opposition to see an opportunity in the failure of the government and make it their campaign agenda. This problems in the politics of America need to be addressed so that we can achieve progression and to do this we have to shift from political power quest to benefiting the citizen and the country.
Sunday, May 24, 2020
Internal And An External Situational Analysis On The...
This analysis will provide an internal and an external situational analysis on the companyââ¬â¢s environment. It will also look at the strengths, weaknesses, competition and opportunities for the company in the future. The analysis will touch on the different units within the company such as morning foods, health and wellness, frozen, and snack items to determine if marketing can be established in increase sales overall for the company. . Analysis of Kellogg Company Kellogg is the top producer of cereals and snacks. It is based in Battle Creek, MI. Kellogg operates locations globally and is in markets worldwide. Kellogg produce a wide range of cereal products, frozen breakfast items, pop tarts, a health and wellness line, and snack items that including the Keebler line of cookies (Forbes, 2016). In the last decade, the company has been declining in sales due to competition, the busy lifestyles of consumers who tastes are changing, who are short on time, and want breakfast on the run. Innovation has also suffered as the company is relying on existing products and promotions to steady sales. Situational Analysis of Internal Environment Kellogg has developed a Growth Plan that reaches into 2020 that is being implemented throughout the whole organization. The strategy is to build on 4 main ideas. Win in the breakfast market, become the best company for snacks, double the efforts in emerging markets, and win customers in the retail market. Kelloggââ¬â¢s marketingShow MoreRelatedBusiness Management And The Future Business Model1698 Words à |à 7 PagesBusiness management can be considered a system of economic analysis of the company. Therefore, the strategy of operation and development of any enterprise is impossible without competent use of principles, methods, forms and techniques of governance. Creation and organization of ideas are the main factors affecting the quality and viability of the future business model. 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Thursday, May 14, 2020
The Role Of Mergers And Acquisitions For The Financial Performance Of Santander Finance Essay - Free Essay Example
Sample details Pages: 8 Words: 2545 Downloads: 6 Date added: 2017/06/26 Category Finance Essay Type Research paper Did you like this example? Mergers and acquisitions are a means of entry into a given market by the firm. The first wave of mergers and acquisitions began in 1897 and ended in 1905 with many small firms being transformed into large organizations. Other waves of mergers and acquisitions followed with the last wave (fifth wave) being realized in the 1990s. Donââ¬â¢t waste time! Our writers will create an original "The Role Of Mergers And Acquisitions For The Financial Performance Of Santander Finance Essay" essay for you Create order Many organizations including banks have used this method to venture into other international markets. Since its establishment, the Santander Group has realized increased growth and performance through cross border mergers and acquisitions. The most common from of mergers in the banking industry is the horizontal integration. When the merging companies have different loan structures credit risk strategies, the post merger performance of the company is high. Table of Contents 3 Introduction 4 Literature Review 4 Mergers and Acquisition 4 Recent History of Mergers and Acquisitions 7 Empirical Support 9 Efficiency ratios 10 Return on Assets ratios 11 Gross Profit Margin 12 Return on Earnings 12 BIS Ratio 13 Non-Performing Loans Ratio 14 Non-Performing Loans Coverage Ratio 14 Conclusion 15 References 17 Introduction Integration in a given firm and/or industry refers to the process of organizing production based on organizational unification as well as technology of different production processes. The management of any given firm should employ a method of integration which offers the specific company technological efficiency. A firm is said to be technologically efficient if it produces a certain quantity of output by employing the lowest amount of production factors and / or inputs. Integration method employed should also offer a given firm economic efficiency. Economic efficiency is the ability of a given company to produce a specific output level using the lowest possible costs. Production can be organized in three different ways (Craig and Campbell, 2005, p. 114). This study examines the impact of mergers and acquisition on the performance of Santander Group of banks between 2002 and 2010. Literature Review Mergers and Acquisition According to Rajeev and Yun (2009, p. 3), diversification is the process through which an organization enters new processes of business in the market with the possibility of manufacturing new products. Mergers and acquisitions are a form of entry that a firm may use to enter a market. Many firms in the financial industry have utilized this means to enter new markets. Mergers and acquisitions can take the form of vertical integration, horizontal integration or conglomerates. Horizontal integration is a form of integration in which firms combine at the same stage of production. Ison and Griffiths (2001, p. 75) note that horizontal integration may help a certain company to increase their share value. Firms that undertake horizontal integration do benefit from economies of scale that result from capacity expansion, technical economies of scale, social economies of scale, financial economies of scale, marketing and managerial economies of scale. Vertical integration is the ability of the firm to own subsidiaries downstream and upstream it line of production. Vertical mergers involve backward and forward linkages in an industry. Backward vertical integration occurs when firms merge or acquire subsidiaries that supply it inputs. Firms that undertake vertical integration realize reduced transaction costs hence increased profitability. Conglomerate integration occurs when an enterprise combines with other companies, which operate in different line of production. Companies Conglomerate to diversify their portfolio and hence spread the risk. These types of diversification are not common in the banking and financial industry. The most common types of mergers and acquisition in the banking industry are horizontal diversification where banks merge with other banks in other countries. Financial institutions such as banks do diversify through mergers and acquisitions because of many reasons. Banks can diversify with the aim of increasing their financial performance, exploiting the available business opportunities or other reasons. According to Shimizu, et al. (2004, p. 341), financial institutions may be influenced by the profit that their competitors are making in the global industry to engage in mergers and acquisitions. Diversification in form of mergers and acquisitions can enable banks to exploit many opportunities in the global economy. For instance, the advance in technology has enabled firms to be managed from different places cheaply. Therefore, banks can undertake mergers due to the ability to management subsidiaries from far. Other reasons for mergers and acquisitions include ability for growth, need to reduce operating costs and increased competition in domestic market. In a study conducted by Badreldin Kalhoefer (2009, p. 5), it was established that banks that participated in mergers and acquisitions increased their financial performance. Despite these findings, the study also established that integration is costly when integrati ng firms have dissimilar terms of loans and size strategies among other factors. According to Altunbas Marques (2008, p. 15) the ability of a strategic fit is an important element in determining the success of mergers and acquisitions in terms of performance. It is important that merging banks have similarities in their balance sheets. A survey by Altunbas Marques (2008) to measure the importance of strategic similarities in mergers and acquisitions indicates that the size of the bank is important in determining the post merger performance of the bank. A large size for a domestic merger compared to the size of the bidder results in lower post merger performance. However, for cross border mergers, a large size for the target firm is important because it results in high post merger performance for the bank. Empirical literature indicates that a high pre-merger return on capital has a negative effect on the performance of the bank after the merger both for domestic mergers and cro ss border mergers. Therefore, banks that perform well before the merger may not be able to improve their performance after merging because their base rate of performance was initially high. The analysis of efficiency of banks measured in terms of cost to income ratio indicates that they are counter productive in performance perspective. This is due to the difficulties that banks face in integrating the different their cost structures that are different in the short term. According to Altunbas Marques (2008, p. 17), the differences in capital structure between the merging banks enhances the post merger performance. Capital structure differences for cross border merger is useful at low performance levels. It is difficult for banks involve din cross border mergers to integrate institutions with capital structure that are different. Return on earnings (ROE) is usually positive after mergers. Recent History of Mergers and Acquisitions There are five merger waves with the fifth having occurred from the 1990s. The first merger wave occurred between 1897 and 1904. This fist merger was characterized by the transformation of firms from small firms to large dominant corporations. The first wave occurred about ten years after passing the Sherman antitrust act. The courts had a difficult time in interpreting the act leading to lack of antitrust enforcement. However, the situation changed in 1914 when the Federal Trade Commission was established. The second wave of mergers occurred between 1916 and the first economic down turn in 1929. Horizontal integration was very common during this phase leading to increased oligopolies. The phase ended with the market downturn. The third wave of mergers was witnessed between 1965 and 1969. The phase witnessed conglomerate acquisitions that were witnessed because organizations wanted to expand but were limited by antitrust laws. The fourth wave of mergers was witnessed in the 1980 s while the fifth was realized in the 1990s. All of the merger and acquisition waves happened during periods of economic expansion while they ended during period of economic slump. The current conditions for mergers and acquisitions are still the same. However, there are challenges that affect the merging firms. Firms have mismatch in expectations. As one firm may expect the valuation of the firm after a merger to rise, the other may be expecting the valuation to decrease. The business environment is still risky and raising enough capital for carrying out mergers and acquisitions is challenging. Since financial institutions are valued highly, raising enough capital for acquisition of a given company is challenging. Major legal challenges facing mergers and acquisition in the world today are issues related to regulation, tax liabilities and guidelines to pricing. Santander Group has always utilized mergers and acquisitions to exploit the existing opportunities in the banking in dustry throughout the world. The recent history of Santander group mergers and acquisitions include the acquisition of Banco Santiago in 2002, acquisition of Italian consumer finance company in 2003, Abbey National bank in 2004 and a merger with Sovereign Bancorp in 2005. In 2007, the bank merged with Fortis SA/NV and The Royal Bank of Scotland Group plc to acquire ABNAMRO Holdings. In 2008, the bank bought British mortgage bank Alliance and Leicester plc. The bank was also nationalized in Venezuela in 2008. As the effects of the global economic crisis was being felt over the world, the bank managed to acquire some insolvent banks such as Bradford Bingleys client deposits (Banco Santander, 2010). In 2009, the bank sold part of its Brazilian unit while in 2010 the bank bought back 24.9% of Santander Mexico from the Bank of America. From all these mergers and acquisitions, the bank exploited banking and business opportunities in different countries. The long-term performance of th e stock of the bank has been good since 2002 to 2010. The performance of the stock of the company as indicated in the graph below shows that the stock of the bank performed well until the year 2009 when the stock price decreased. It seem that the stock price of the bank is improves when the merger has a positive impact on the performance of the bank and decreases when the bank performance is poor. This is the reason for the low fluctuations in the stock price. However, the large decrease in the share price in 2009 can be attributed to the global economic crisis rather than mergers and acquisitions. Source: London Stock Exchange Empirical Support Mergers have always led to better performance of involved companies. According to Altunbas Marques (2008), banks that diversify through mergers and acquisitions usually perform better. Empirical evidence from Santander Group corresponds to these findings from past studies. To prove the impact of mergers and acquisitions to the performance of banks, this study will analyze five ratios from the bank. Efficiency ratios The efficiency ratios indicate the level of receivable in an organization, the repayment period, equity usage and the use of machines and inventory in the bank. The Santander Group has been involved in many mergers over a period. Since 2002-2009, the bank has realized fluctuating efficiency even after mergers and acquisitions. From the table below, the efficiency of the Santander group has been fluctuating over years. Efficiency of the bank decreased consecutively since 2002 from 52.28 to 47.44 in 2004. However, efficiency of the bank began to increase again in 2005 after the Santander Group merged with a U.S. bank Sovereign Bancorp. However, the subsequent mergers and acquisition that were made by the bank did not improve the efficiency further, but led to its gradual decrease from 52.82 in 2005 to 41.7 in 2009. Fig 1 Year / ratio 2002 2003 2004 2005 2006 2007 2008 2009 Efficiency 52.28 49.34 47.44 52.82 48.53 45.5 44.6 41.7 ROA 0.81 095 1.02 0.91 1.0 0.98 0.96 0.86 ROE 12.42 14.48 15.98 16.64 18.54 19.61 17.07 13.90 BIS ratio 12.64 12.43 13.01 12.94 12.49 12.7 13.3 14.2 Non performing loans ratio 1.89 1.55 1.05 1.89 0.78 0.95 2.04 3.24 NPL Coverage 139.94 165.19 165.59 182.02 187.23 151 91 75 Gross profit margin 3.41 3.31 1.95 2.04 2.17 2.52 2.95 3.36 Table 1 Return on Assets ratios The return on assets ratio indicates the profitability of the bank when compared to the assets of the firm. Fig 2 The return on assets ratio indicates that initial mergers made by the bank in 2002 and 2003 led to increased performance of the bank. The return on assets increased from 0.81 in 2002 to 1.02 in 2004. However, the merger of the bank in 2004 led to reduced performance in 2005 as is indicated by reduced return on assets. The ratio rose to 1.0 in 2006 and then declined again gradually to 0.86 in 2009. Gross Profit Margin The gross profit margin indicates the profitability of an organization. The gross profit margin of Santander as indicated in table 1 fluctuated for the eighth years between 2002 and 2010. The ratio fell from 3.41 in financial year 2002 to a low of 1.95 in 2004 and began to rise again to a high of 3.36 in 2009. The fall and rise in the ratio indicates that initial mergers did not help in improving the profit of the company. However, subsequent mergers helped the company improve its profit. Return on Earnings This ratio measures the income that the bank realizes on invested shareholdersà ¢ÃÆ'à ¢Ã ¢Ã¢â ¬Ã
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¾Ãâà ¢ equity. Fig. 3 below provides the return on equity ratio for Santander Group since the year 2002. From the figure, it is clear that the mergers and acquisitions that the bank made led to the increase in performance that in turn led to increased return on investorsà ¢ÃÆ'à ¢Ã ¢Ã¢â ¬Ã
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¾Ãâà ¢ equity. Return on equity rose from 12.42 in 2002 to 19.61 in 2007 before declining to 13.9 in 2009. The increase in the ratio can be attributed to the mergers made by the bank during the period 2002 to 2006. Fig 3 BIS Ratio The solvency of a given financial institution such as bank is given by the BIS ratio. The ratio provides the capital of the bank that is risk bearing and the risk weighted assets. The BIS ratio is an international standard that measures the stability assets and capital of internationalizing banks. The ratio maintains a balance between assets and capital. Fig 4 The BIS ratio for Santander Group decreased from 12.64 in 2002 to 12.43 in 2003 before increasing to 13.01 in 2004. The ratio then continues to increase in subsequent years reaching a high of 14.2 in 2009. This indicates that although some mergers led to the decrease in the solvency of the bank, later mergers and acquisitions that were conducted by the bank led to increased solvency of the bank by increasing its capital adequacy. Non-Performing Loans Ratio This ratio measures the level where loans are at default due to lack of performance. The ratio for the Santander group fluctuated over time. It initially reduced from 1.89 in 2002 to 1.05 in 2004 only to increase again to 1.89 in 2005, 0.78 in 2006 and 3.24 in 2009 (see table 1). Non-Performing Loans Coverage Ratio The NPL coverage ratio measures any loss that a bank may realize resulting from loss of non-performing loans. The ratio is calculated by the division of probable non-performing loans by the total non-performing loans of the bank. The NPL coverage ratio of Santander has been improving over years especially since 2002 to 2009. The ratios was 139.94 in 2002 and it kept on improving to as low as 75 in 2009 (see table 1). The reduction in the ratio indicates the positive effect of mergers that have led to reduced loss that the bank could suffer form non-performing loans. Conclusion Santander Group bank has been involved in various mergers and acquisitions as outlined in the study. In all the mergers, the bank sought to exploit the available opportunities in the business environment in the banking industry. although some barriers such as insufficient capital has affected the merging and acquisitions of the bank leading to the sale of some of its subsidiaries, the group has always managed to come back and merge with other banks. The above ratio analysis indicates that mergers and acquisition of Santander Group had some effect on the performance of the bank. Santander Group has been involved in a number of mergers and acquisitions that have led to improved financial performance of the bank. Just as the literature review indicated that mergers and acquisition could lead to improved performance of the firm, the empirical findings of Santander group confirmed the findings. The ratios analysis indicated that not all mergers could improve the financial performance of the bank. While some mergers led to improved profitability performance that is designated by increased ROE, ROA and solvency, some mergers can lead to reduced performance indicated by fluctuating efficiency. In conclusion, mergers and acquisition lead to improved performance of an organization. Total word count 2685 (not including page 1 cover page).
Wednesday, May 6, 2020
Religion And Its Effect On Society - 1627 Words
Religion is a structured group of culture, beliefs, views that are related to humanity. These beliefs include the universe, human nature, laws of religion, lifestyles, and people derive morality. Religion studies and analyzes its concept, terms, arguments and practices. Religion affects our society in numerous ways, both can be in a good and bad way. With the different kinds of religion, one can choose which religion they should follow based on what they personally believe. In our countryââ¬â¢s society, we respectfully allow people to practice on their religious beliefs even though some countries do not allow people to have freedom on what religion they choose. However, religion affects our society in positive and negative ways. We have so much freedom which our country gave us that religion can occasionally cause a conflict in our society. Some branches in religion can cause huge conflicts and arguments in our society because they do not get fair treatment unlike the others. Som e of these examples of arguments that affect our society that I want to discuss in this essay include the controversial debate on abortion, rules in regard to dressing and how they dress, their food preferences, terrorism, and marriages. Mostly these arguments are a result of people who are ignorant, close minded, and have views that are different from others. If people respect each otherââ¬â¢s views and beliefs, the positive aspects may exceed the negative aspects. I chose this topic because religion isShow MoreRelatedReligion And Its Effect On Society Essay1183 Words à |à 5 PagesReligion kills. It seems like such a disgusting sentence. It seems to turn up the noses of any creed, and uttering the phrase itself can lead to some intense, spiteful fears. Why is this? Perhaps the reason is the statement truly is a heinous word because everyone should follow the same faith. That solution provides no satisfaction. People that detest anyone who strays from the true way, or at least is perceived so, are an overwhelming problem. One needs to keep an open mind, even though they mightRead MoreReligion And Its Effect On Society1066 Words à |à 5 PagesOrganized religion has a huge influence in todayââ¬â¢s world, we have seen religion have power and control over people in many types of ways in different religions, it is the only easy way to convince people in how to live in todayââ¬â¢s society, government also has been involved to manipulate peo ple enforcing laws and making you obey them, creating churches saying to make donations for the better cause of the church when they are just spending money on themselves right in front of the general public noisesRead MoreReligion And Its Effect On Society1649 Words à |à 7 Pagesââ¬Å"Religion is a practice for people to believe in a higher deityââ¬âa superior to the mortal world in which we, humans, live in.â⬠At the beginning of this semester, this was the definition I composed when I was asked to define religion. 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Today there are such laws that allow a parent to deny their child adequate medical care even if itââ¬â¢s toRead MoreReligion And Its Effects On Society1584 Words à |à 7 Pagesmany humans have founded multiple religions that explain that which cannot be explained. While the majority of people devote their lives to these religions, these religions come across as fear mongering campaign against the evils they are creating. The honest answer of what happens after death is still not proven in today, leaving millions of people to decide to either believe in a religion where they find closure, of the complete opposite. When it comes to religion, many humans lost their lives standingRead MoreMajo r Religions and their Effects on Society1299 Words à |à 6 Pagesimmortality. Where there is God, there is religion. There are many types of religions for example, Hinduism, Judaism, Islam, Confucianism, Christianity, Bahà ¡Ã , and Greeks. Religion is the glue that keeps people intact with their sanity. Having religion is a good aspect to have and causes beneficial outcomes for oneself and the community. Also, primary the reason for people to preform good deeds and to become interactive with their community is due to religion. Also, the reason behind why people decideRead MoreReligion and its Effect on Society and Individuals Essay1603 Words à |à 7 PagesOver the years, society has come to evolve and progressively become more efficient as societyââ¬â¢s viewpoints and perspectives on various aspects of life have also changed. However, the one aspect of life that has stayed constant has been religion. The impact of a constant religious opinion on a changing society has detr imental and benign effects on the populace of such a society. Religion was partly created in an effort to answer the questions that couldnââ¬â¢t be answered in any other way; to provideRead MoreIndustrial Capitalism Comes to Southern Appalachia: The Effects on Society and Religion719 Words à |à 3 PagesIndustrial capitalism comes to Southern Appalachia 1860-1940: The effects on society and religion Appalachia has long been regarded as a place of natural beauty and allegedly backwards people. In one of the early attempts to civilize rural Appalachia, the population was characterized as consisting of agricultural savages who refused to learn better farming practices (Anglin 2002: 565). The poverty and environmental abuse I witnessed there were not simply a failure of economics. It wentRead MoreSociological Perspectives Of Functionalism, Conflict Theory And Symbolic Interactions882 Words à |à 4 Pagesinteractions. In looking at how religion functions in social structures, social systems, and small group interpersonal interactions a sociologist could formulate a better understanding of religion s role in society and the human experience. The sociologist looks at the individual, and how that individual connects to a specific societal location or setting and specifically at religion a sociological study could determine the power religion holds over people and societies. Unders tanding the culturalRead MoreSociological Perspectives Of Structural Functionalism1490 Words à |à 6 Pagespaper ââ¬âreligion (as a primarily social rather than theological or psychological phenomenon) and the effects on societies. In looking at how religion functions in social structures, social systems, and small group interpersonal interactions sociologists could formulate a better understanding of religion s role in society and the human experience. The sociologist looks at the individual agency, and how that connects to a specific societal location or setting. Specifically, in the case of religion a sociologist
Tuesday, May 5, 2020
Robots Will Be Efficient Enough To Carry Out Multiple Tasks At Once
Question: Discuss About Robots Efficient Enough To Carry Out Multiple Tasks At Once? Answer: Introduction The case study is associated with a small scale Artificial Intelligence company that is based out of Brisbane, Australia. Innovation is a key element that distinguishes the organizations from each other and it is extremely essential to make sure that the organizations incorporate the element of innovation in their business activities and operations. The company in this case has taken a step forward to make use of robotics technology in its business activities that are related to mining, transportation and manufacturing. There will be a number of advantages and changes that will emerge with the adaptation of robotics technology in the business. There are several industries and organizations along with the individual users that are acquiring robots to accomplish the daily activities and jobs. There are several aspects that are related to robotics and use of robots in terms of their advantages, risks, applications and many more. The primary purpose of the report is to understand the use and application of robotics in association with the organization stated in the case study. The demands and requirements vary from one organization to the other and it is necessary to analyze the specific needs before moving on to the next step. It is therefore aimed to carry out an in-depth analysis on robotics and its applications for the organization and the domains that it deals with. The objective of the report is to highlight the advantages and list out the applicable robot types that may be implemented in the organization. Also, the risks that are associated in terms of security and ethics have also been covered in the report. Robotics Robotics is a branch of engineering and science that deals with the design, construction, development along with the application and deployment of robots as per the requirements of the application. There are several industries and organizations along with the individual users that are acquiring robots to accomplish the daily activities and jobs. Robots are nothing but the machines that are designed and constructed in such a manner that they can perform specific tasks and activities as per the programs and codes that are fed in to the machine. These are the automated machines that are mostly regulated and operated with the aid of a computer system or an application. There are several purposes that robots are designed as per the requirement and there are several categories and types of robots that are present. It depends upon the need of the user or the organization to choose from the robot category or type. Current Use Applicable Robot Types for the Organization The organization that has been included in the case study primarily deals in to three domains as mining, transportation and manufacturing. There are various operations that are involved in each of these three areas and robots will introduce enhanced automation in the tasks and activities. For instance, one of the robot types that will be applicable for this case will be mining robots. These robots will be efficient to perform the following tasks and more. Excavation activities will be easily carried out by the robots Detection of gases, minerals and other elements will be carried out by the mining robots There are several risks that are associated to human life and body in case of mining operations. Mining robots can be designed in such a manner that they can detect these risks and alert the human. Scanning of the abandoned mines and many of such unexplored areas may also be carried out. Similarly in case of transportation related activities, robots will be highly applicable and these transportation robots will carry out the following tasks and more. Advanced operations in automobiles and transportation engineering for risk management. Improvement of reliability of the vehicles by inclusion of crash avoidance systems and likewise (Koliubin, 2016). Sensor robots in the robots for prevention against the accidents and crashes. Use of robots in the maintenance of the vehicles. Manufacturing is one of the prime applications of the organization and robotics will find many uses in the area of manufacturing as well. Use of robots in the supply chain processes such as sorting through the incoming and outgoing packages, placement of the packages on the designated shelves, shipment of containers and likewise. Lifting of heavy objects and their placement on the desired location (Robinson, 2015). Organization and cleaning of the manufacturing area or location. Short Term Long Term Operations for the Organization The organization is already making use of Artificial Intelligence in its business operations and activities. For the short term operations, there shall be a detailed plan and a strategy that must be designed to understand the needs and application areas of robotics in association with the organization. Once the planning and analysis phases are completed, there shall be implementation of the robots in the non-critical areas for testing their performance and activities. These areas shall include robots for cleaning in manufacturing areas, robots for excavation activities in the mining operations along with the crash detection systems for the low intensity crashes. Once the performance of the robots is found considerable and satisfactory in these areas, there shall be a long term plan that shall be designed and implemented for their implementation in enhanced number of operations (Romero, Lozano-Guzmn, Betanzo-Quezada, Lpez-Cajn, 2014). The long term operations associated with the organization shall include the critical areas and critical operations in the field of mining, transportation as well as manufacturing. There shall be development and implementation activities carried out for the critical and long terms operations and these shall include the testing activities as well to highlight the associated defects and deviations. Advantages of Including Robotics There will be a number of advantages that will result out with the implementation of robotics in the organization. The overall production costs that will be associated with the organization will come down with the aid of a quick ROI that will overcome the initial cost of set up. Production will increase with the increase in the throughput speed. Also, there will be no involvement of breaks or vacations associated with the robots which will also reduce the cycle time that will be associated with the operations. It is necessary for any of the operations in mining, transportation and manufacturing activities to have high quality along with enhanced reliability. The precision that will be involved with the use of robots will be high every single time which will improve the quality. Also, in every repeated cycle, the specifications will be kept the same which will lead to reliable results (Soffar, 2016). Process flow will become more efficient as there will be a better utilization of the floor space available with the organization. Waste reduction and better waste management will be achieved as robots can be designed accordingly. The organization will be able to attract more number of customers as the quality and reliability of the operations will improve and there will be faster production and processing involved. There are many risks involved with the mining operations and other activities that are carried out in the domain areas of the organization. The workplace safety will improve with the involvement of robots. Robots will be efficient enough to carry out multiple tasks at once. Also, there can be simultaneous activities carried out with the aid of robots. Disadvantages of Including Robotics There will also be certain disadvantages that will be associated with the use and application of robots in the organization. The initial investment that will be required for the setup along with the cost of tools and equipment will be considerably high. It will be necessary for the organization to design the budget accordingly and have the expenses ready for the share. It is not certain that the use and involvement of robots in the organization will guarantee positive results. It might result in heavy losses for the organization if there is a lack of proper planning. Human intervention will be necessary for the activities such as tracking and monitoring of the robots. There will be training required for the same to make sure that the functionalities of the robots are understood (Granta, 2017). In case of a breakdown of failure of a robot, it may take a lot of time to repair the same. Also, the entire production line may get impacted because of it which would lead to sever losses for the company. Robots may be designed to minimize the waste associated with the raw materials and other operational activities. However, these machines will add up to the electronic waste that is becoming extremely difficult to manage in the present times. The organization will also contribute towards the same by making use of robots in its architecture. Robots are not the entities that follow the principle of design once and use forever. At the end of the day, these are the machines that will demand maintenance after a certain period of time. There will be maintenance costs that will be involved and there will also be human effort demanded in the same. Ethical, Social Legal Considerations Robots are the machines that are designed by humans for fulfillment of a particular task or an activity. There are several considerations that are associated with robotics in terms of ethics, social and legal considerations. The information that will be associated with the organization in the case study will be critical and sensitive irrespective of the domain area. The robots that will be designed for the organization may or may not have the security mechanisms installed to deal with the security of the information (Economist, 2012). The robots that will be designed for the fulfillment of the activities in the organization will lead to the replacement of the jobs which earlier employed human resources. There are huge numbers of employees that are engaged with the organization that carry out the activities such as placement of the packages in the shelves along with their arrangement, cleaning etc. Human resources also carry out several activities in the domain areas as mining and transportation. These job opportunities and job areas will slip out of the hands of the human resources with the development and implementation of robots (Hammond, 2016). The robots that will be designed for the organization will be designed as per the algorithms and the set patterns. In case of an uncertainty or a risk situation that has not been estimated earlier, there may be a situation of artificial study. The robots will be clueless about the steps that shall be taken and will not be able to make decisions without the intervention of human resources. Such a situation may lead to the emergence of many risks (Nature, 2015). There may also be malicious entities that may be involved with the organization that may design and implement a robot with the patterns that may lead to damage of the organization. Such robots will be specifically designed to cause harm to any of the organization components which will lead to compromise of the security and may also cause some of the legal obligations as well. Technology is developing and advancing itself with each passing day. In the present scenario, it is not a possibility that the robots may behave, think and emote like a human. It works only on the set patterns and algorithms that are designed and implemented in it. However, in near future, it is a possibility that the robots can be developed with human emotions and expressions installed and built inside them. In such cases, there may be situations of extremes that may come up which may become extremely difficult to manage and handle (Bok, 2012). Currently, there is no law that has been created around robotics for their management and developed. However, with the expansion of the technology and increase in the use of robots, there may be a necessity of development of a law for handling the robots (Liu, 2012). These ethical, social and legal considerations will be significant for the organization as the primary aim of the organization is to serve the customers in a better way. In case of emergence of any of the issues around these areas, there will be difficulty in achieving the goals (Mir-Nasiri, Hussaini, 2005). Conclusion Robots are the machines that are designed by humans for fulfillment of a particular task or an activity. Robotics is associated with the design, construction, development of the robots along with their application and deployment according to the needs and requirements. There are several industries and organizations along with the individual users that are acquiring robots to accomplish the daily activities and jobs. There are several aspects that are related to robotics and use of robots in terms of their advantages, risks, applications and many more. The organization that has been included in the case study primarily deals in to three domains as mining, transportation and manufacturing. There are various operations that are involved in each of these three areas and robots will introduce enhanced automation in the tasks and activities. It is necessary for any of the operations in mining, transportation and manufacturing activities to have high quality along with enhanced reliability. The precision that will be involved with the use of robots will be high every single time which will improve the quality. Also, in every repeated cycle, the specifications will be kept the same which will lead to reliable results. There will be many advantages that will be offered in terms of production cycles as well along with the disadvantages in terms of the set up costs and maintenance work. There are several considerations that are associated with robotics in terms of ethics, social and legal considerations. There will many ethical, social and legal considerations that will be significant for the organization as the primary aim of the organization is to serve the customers in a better way. In case of emergence of any of the issues around these areas, there will be difficulty in achieving the goals. Recommendations It would be necessary for the organization to make sure that a detailed planning and analysis is carried out before the types of the robots are identified and are developed for use in the organization. There shall be a detailed plan and a strategy that must be designed to understand the needs and application areas of robotics in association with the organization. Once the planning and analysis phases are completed, there shall be implementation of the robots in the non-critical areas for testing their performance and activities. These areas shall include robots for cleaning in manufacturing areas, robots for excavation activities in the mining operations along with the crash detection systems for the low intensity crashes. Once the performance of the robots is found considerable and satisfactory in these areas, there shall be a long term plan that shall be designed and implemented for their implementation in enhanced number of operations. The long term operations associated with the organization shall include the critical areas and critical operations in the field of mining, transportation as well as manufacturing. There shall be development and implementation activities carried out for the critical and long terms operations and these shall include the testing activities as well to highlight the associated defects and deviations (Ahn, 2012). References Ahn, H. (2012). A Framework-Based Approach for Fault-Tolerant Service Robots. International Journal Of Advanced Robotic Systems, 1. https://dx.doi.org/10.5772/54023 Bok, M. (2012). On the Robot Singularity: A Novel Geometric Approach. International Journal Of Advanced Robotic Systems, 1. https://dx.doi.org/10.5772/53779 Economist. (2012). Morals and the machine. The Economist. Retrieved 9 May 2017, from https://www.economist.com/node/21556234 Granta. (2017). Advantages and Disadvantages of Industrial Robots | Granta Automation. Granta-automation.co.uk. Retrieved 9 May 2017, from https://www.granta-automation.co.uk/news/advantages-and-disadvantages-of-industrial-robots/ Hammond, K. (2016). Ethics and Artificial Intelligence: The Moral Compass of a Machine. Recode. Retrieved 9 May 2017, from https://www.recode.net/2016/4/13/11644890/ethics-and-artificial-intelligence-the-moral-compass-of-a-machine Koliubin, S. (2016). Robotic transportation: self-driving cars|Control Engineering. Controleng.com. Retrieved 9 May 2017, from https://www.controleng.com/single-article/robotic-transportation-self-driving-cars/56776cde87d8cbe03669ddd3ec9a30a7.html Liu, C. (2012). Target Tracking for Visual Servoing Systems Based on an Adaptive Kalman Filter. International Journal Of Advanced Robotic Systems, 1. https://dx.doi.org/10.5772/52035 Mir-Nasiri, N., Hussaini, S. (2005). New Intelligent Transmission Concept for Hybrid Mobile Robot Speed Control. International Journal Of Advanced Robotic Systems, 1. https://dx.doi.org/10.5772/5784 Nature. (2015). Robotics: Ethics of artificial intelligence. Retrieved 9 May 2017, from https://www.nature.com/news/robotics-ethics-of-artificial-intelligence-1.17611 Robinson, A. (2015). Exploding use of Robotics in Logistics and Manufacturing. Transportation Management Company | Cerasis. Retrieved 9 May 2017, from https://cerasis.com/2015/07/06/robotics-in-logistics/ Romero, J., Lozano-Guzmn, A., Betanzo-Quezada, E., Lpez-Cajn, C. (2014). Robotics and Road Transportation: A Review. Intelligent Robotics And Applications, 467-478. https://dx.doi.org/10.1007/978-3-319-13966-1_46 Soffar, H. (2016). Advantages and Disadvantages of using Robots in our life | Science online. Science online. Retrieved 9 May 2017, from https://www.online-sciences.com/robotics/advantages-and-disadvantages-of-using-robots-in-our-life/
Saturday, April 4, 2020
Afghanistan in the 20th Century
Introduction: General Overview of the Topic with Regard to the Sources After the reign of Abdur Rahnam who split the history of Afghanistan into two parts, the 20th century introduced a new model of government. The country reached political independence which new horizons in exploring new social, political and economic terrains.Advertising We will write a custom essay sample on Afghanistan in the 20th Century specifically for you for only $16.05 $11/page Learn More However, slow growth of modernization and the emergence of radical opposition to governmental reform signified that the Afghan people are still attached to conservative patterns already in the second half of 20th century, with the invasion of the Soviet Union. In this respect, the sources under consideration disclose different dimensions of the Afghan history in the 20th century in various styles and approaches. The central source is an autobiographical narration called Confessions of a Mullah Warrior. Other sources reveal factual and secondary information about significant historic event that affected the modern state of the Afghan politics, economy, and culture. Opportunities and Limitations Presented by the Style of Sources All sources under consideration provide historical overview of the major facts and events taking place in the heart of Asia. A special consideration deserves Confessions of Mullah Warrior provides an autobiographical narration where the author provide its unique vision on what happened in Afghanistan. In his narrations, there were both pessimistic and optimistic notes in depicting the events and conflicts, appositions and cooperation with other countries. Importantly, his narration is presented in a chronological order starting from his childhood and ending with becoming a journalist. Framed structure shows that the author is still attached to his country and culture. While comparing this narration with other sources, it should be stressed that are presented in the form of historical display of facts with notes of subjective evaluation. In this regard, the main limitation of their works is absence of objectivity in presenting the veritable date. In particular, Barfield (2010) and Wahaba and Youngerman (2007) perceive the twentieth century Afghanistan as being firmly attained to the events of the past regimes.Advertising Looking for essay on asian? Let's see if we can help you! Get your first paper with 15% OFF Learn More Roberts (2007), however, provides an unconventional style of interpreting the history of Afghanistan showing that the Afghan people had been striving to revive their cultural and religion traditions and establish favorable relations at the international level, but were significantly hampered by the firmly established stereotypes. Clammer (2007) and Johnson (2004) have decided not to divert from the standards of chronological narration and provides a consistent overview of the sequence of event w here one historical fact is closely intertwined with another. In this regard, the main limitation of these sources consists in insufficient analysis and synthesis of the presented sources. In particular, the author fails to represent a comparative analysis of the event that would contribute to the exploration of the topic under consideration. The limitation in the studies provided by Runion (2007) lies in the fact that the author split the Afghan history into two parts and singles out in more detail on a period after 70s of the past century. On the one hand, the author successfully presents all facts connected to the topic. On the other hand, the author fails to give an overall appraisal to the period at issue. The Advantages and Disadvantages Using the Sources for Historical Studies Due to the fact that the sources under consideration provide different styles and structures of the topic presentations, they can create some difficulties in exploring the problem. In particular, Fariva rââ¬â¢s autobiographic narration presents an subjective outlook on the event taking in the course of the past century in Afghanistan. In particular, he provides his unique evaluation of the situation during the war in 1989. In particular, Being former fighter mojahedin, he expressed his original appraisal of the jihad against the Soviet Union: ââ¬Å"[t]his was no longer a jihad, a war of liberation against the godless Soviets; it had degenerated into a conflict manipulated by outsiders, each with very different ambitionsâ⬠(Farivar, 2009, p. 5). Although the source is mostly based on the personal experience of the military actions and political and cultural transformation held in the country, it is hard to consider the book as the reliable source. Nevertheless, the source greatly contributes to an in-depth evaluation of the actions happened in 1989.Advertising We will write a custom essay sample on Afghanistan in the 20th Century specifically for you for only $16.05 $11/page Learn More Although the sources seem to be based on the reliable and valid analyses of facts and figures, the researcher select completely different approaches in evaluating the period under consideration. In particular, most of the sources make an excessive accent on the Afghan history in the 19th century, though most of the events are not connected with the facts from this perspective (Runion, 2007; Clammer, 2007; Johnson, 2004; Robers, 2007). In contrast, Barfield (2010), Farivar (2009) and Wahab and Youngerman (2007) are more consistent in these terms and successfully manage to provide a general evaluation of separate period from the history of Afghanistan. Despite inappropriate structure that is inconvenient for a full exploration of the topic at issues, there are still great benefits of analyzing some particular historical events from different angels as presented in studies of Ruinon (2007) and Roberts (2007). In particular, they resort to the analysis of the period by investigating one particular problem and how it is considered in various periods. In general, all sources provide a sufficient outlook on the military actions and transformation held in the course of the 20th century. The Biases of the Authors and Relevance of Their Works to the Topic While evaluating the sources from scientific point of view and from the amount of contributions made by the researchers, great bias is attached to a biographical narration provided by Farivar (2009). In particular, excessive use of metaphoric descriptions definitely contributes to the exploration and better understanding of the authorââ¬â¢s position, but still it provides some bias and ambiguity in the purpose of narration and in understanding the historical significant and relevance of the his studies. Other sources are strongly juxtaposed to the above book because they present a mere display of historical facts and detached appraisal of historic events connected with the topic.Advertising Looking for essay on asian? Let's see if we can help you! Get your first paper with 15% OFF Learn More Conclusion In conclusion, an in-depth analysis of the presented sources has revealed that despite the fact that all of them are closely related to the consideration of Afghanistan in the 20th century, there are certain details that should be explored in more detail. What is more important, a comparative evaluation of the discussed book has disclosed that the history of Afghanistan is mostly unveiled through the prism of pro-Western orientation, which significantly hampers the objective evaluation of the historical facts. Therefore, a combination of personal experience as presented in the main source supported by factual information will be more efficient in understanding the history of Afghan people in the 20th century. Reference List Barfield, T. (2010). Afghanistan: A Cultural and Political History. US: Princeton University Press. Clammer, P. (2007). Afghanistan. US: Lonely Planet. Farivar, M. (2009). Confessions of a Mullah Warrior. US: Atlantic Monthly Press. Johnson, C. (2004). Afghanistan. US: Oxfarm. Roberts J. J. (2003). The origins of conflicts in Afghanistan. US: Greenwood Publishing Group. Runion, M. (2007). The history of Afghanistan. US: Greenwood Publishing Group. Wahab, S. and Youngerman, B. (2007). A Brief History of Afghanistan. US: Infobase Publishing. This essay on Afghanistan in the 20th Century was written and submitted by user Isiah D. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.
Sunday, March 8, 2020
Free Essays on The Tragedy Of Macbeth
ââ¬Å"The Tragedy of Macbethâ⬠In Shakespeareââ¬â¢s ââ¬Å"Macbethâ⬠, many things go wrong that lead up to such a great tragedy. Macbeth was persuaded to make many wrong decisions and was said to be seduced by the devil. Because of his change of character from good to evil, Macbethââ¬â¢s attitude towards other characters is significantly affected. The character in a perfect tragedy should be of high status. This is true of Macbeth because throughout the length of the play his status never drops because he ascends from being Thane of Glamis to Thane of Cawdor and finally, to King of Scotland. Macbeth is very ambitious, courageous, and a moral coward: all these things lead to his tragic death at the end of the play. Through the development of this tragedy, Macbeth has turned from a fine-natured person to an evil person. The witches predictions of Macbeth are what led up to Macbethââ¬â¢s tragedy. If Macbeth would have never ran into the witches who told him of his future, he would have never thought to be king. His evil side was established after he knew he was going to be king, and he didnââ¬â¢t have patience, he had to kill everyone in his way to the throne. His ambition and strong belief in witches had brought him to a tragic end of his life, and caused many people to lose their lives. Macbethââ¬â¢s ambition defeated his good nature. Macbeth wanted to ensure that he would reach his ambition without problems. Itââ¬â¢s fine that Macbeth knew he was going to be king, but the way he chose to get to the throne was the wrong way. He let the fact of becoming king get in his way and change his life for the worse. Macbethââ¬â¢s life would have been much happier if he let what was said to happen just happen how it was supposed to. He would have lived a much happier life and not a life filled with regret and guilt. All of Macbethââ¬â¢s actions of getting to the throne backfired on him and led to his downfall. Macbeth would have never guessed that Macduff wou... Free Essays on The Tragedy Of Macbeth Free Essays on The Tragedy Of Macbeth ââ¬Å"The Tragedy of Macbethâ⬠In Shakespeareââ¬â¢s ââ¬Å"Macbethâ⬠, many things go wrong that lead up to such a great tragedy. Macbeth was persuaded to make many wrong decisions and was said to be seduced by the devil. Because of his change of character from good to evil, Macbethââ¬â¢s attitude towards other characters is significantly affected. The character in a perfect tragedy should be of high status. This is true of Macbeth because throughout the length of the play his status never drops because he ascends from being Thane of Glamis to Thane of Cawdor and finally, to King of Scotland. Macbeth is very ambitious, courageous, and a moral coward: all these things lead to his tragic death at the end of the play. Through the development of this tragedy, Macbeth has turned from a fine-natured person to an evil person. The witches predictions of Macbeth are what led up to Macbethââ¬â¢s tragedy. If Macbeth would have never ran into the witches who told him of his future, he would have never thought to be king. His evil side was established after he knew he was going to be king, and he didnââ¬â¢t have patience, he had to kill everyone in his way to the throne. His ambition and strong belief in witches had brought him to a tragic end of his life, and caused many people to lose their lives. Macbethââ¬â¢s ambition defeated his good nature. Macbeth wanted to ensure that he would reach his ambition without problems. Itââ¬â¢s fine that Macbeth knew he was going to be king, but the way he chose to get to the throne was the wrong way. He let the fact of becoming king get in his way and change his life for the worse. Macbethââ¬â¢s life would have been much happier if he let what was said to happen just happen how it was supposed to. He would have lived a much happier life and not a life filled with regret and guilt. All of Macbethââ¬â¢s actions of getting to the throne backfired on him and led to his downfall. Macbeth would have never guessed that Macduff wou...
Friday, February 21, 2020
Womens right and culture Essay Example | Topics and Well Written Essays - 1250 words
Womens right and culture - Essay Example Society espouses women are known to be the weaker gender. Being week, women are often discriminated. The article emphasizes gender discrimination prevents the entry of women into the entrepreneurial world. The research conducted of African American, Asian, and minority women entrepreneurs indicated gender discrimination led to fewer women successfully entering the entrepreneurship world. Family members played a vital role in discouraging women from prioritizing the entrepreneurship roles. The paper affirms men have better chances than women in the world of finance. However, there is ââ¬Å"global increase in the number of women are entering the entrepreneurship world by setting up their own businesses, increasing by as much as between à ¼ increase to as high as 1/3 increase per year.â⬠(Ama, Ama & Mangadi 507). Despite societyââ¬â¢s disadvantageous stand on women, some women do not give up on life. Instead, they double their efforts to surpass the obstacles of the bias of the gender-discriminating world in order to increase the familyââ¬â¢s overall income or cash. The paper places importance on the governmentââ¬â¢s role in increasing the number of women entrepreneurs in each country. The government must set into motion strategies and policies that encourage, not deter, the women from entering the profitable entrepreneurship world (Ama, Ama & Mangadi 508). In another article, the sports world prefers a male-prioritized coaching strategy. As expected, most of the sports coaches are males. In the corporate world, most of the management officers are males. Statistics indicated that only one out of five coaches belongs to the female gender. Consequently, female job applicants struggle to land the leadership coaching jobs. The research indicates that the athletes undergo a male training strategy (Aicher & Sagas, 171). Further, the same article affirms societyââ¬â¢s preference for
Wednesday, February 5, 2020
Enzymology Lab Report Example | Topics and Well Written Essays - 1000 words
Enzymology - Lab Report Example Enzymes do accelerate reaction rate by more than 1 million g=folds, in that reactions would take a very long time to occur. Appropriate enzymes catalyze in few seconds and there activities, in many cases occur inside the cell, within the membranes of the cell. The rate of reaction when Ph, temperature, time and the substrate are at a constant is determined by the enzyme availability. Effects of enzymes in substrate concentration can be analysed as below. The concentration of enzymes is a factor in determining the rate of reaction. The substrate needs to be present in excess. That is to say that each reaction should be independent of the concentration of the substrate. Any possible change in product amount over a given time period depends upon present enzyme level. A and E reacting leads to B at a constant rate k1, this turns to C and generates E again at a constant rate k2. At that instance, B has the possibility of turning into A and E again at a constant rate k-1. Michaelis-Menten enzymatic catalysis mechanism follows this path. Competitive inhibition has a molecule similar to the present or available substrate but not able to be acted on by those enzymes that compete with them for sites that are active. Fewer active sites readily act on the substrate because of the inhibitor presence. Given the structure of the enzyme is not affected by the enzyme inhibitors; they will still act as catalysts for the reaction. In inhibition that is uncompetitive, molecules tend to bind to enzymes instead of sites that are active. That makes the three dimensional enzyme structures to change in that its site that is active still binds to the substrate in affinity that is usual, though not in the optimal arrangement of stabilizing the rate of transition and in turn catalyzing the reaction. Lineweaver Burk plots are significant in a number of ways. For instance, in the case where it is
Tuesday, January 28, 2020
Sports And Active Lifestyles Children And Young People Essay
Sports And Active Lifestyles Children And Young People Essay Unfortunately, youth sport has for a long time, and still is, being organised, run and taught by persons who draw on their personal philosophies in their approaches. i)Discuss the dangers of this. ii)Which are the main areas within youth sport which need to be considered to shape such philosophical standpoints of people working with youth in sport? Introduction In many aspects of our life we find people who, either directly or indirectly, influence the path we follow to achieve growth towards reaching our future goals. Such influencing people could be parents, teachers, mentors, coaches, nursery leaders, policy makers and any other role model position we may encounter. They do so in line with their philosophy on that particular aspect of life, for which they are responsible to guide us through the path of success. Their philosophy is built from the theoretical knowledge they acquired in their own educational phase of life as well as through their practical experience in the area they are assigned to lead. This applies in particular to people who are trusted to work with our children in various sports disciplines. Parents still insist that their children should engage in organized sport for several reasons. Since six decades ago, there has been a growing belief that leaving child activities under the informal control of children themselves may lead to antisocial behaviour when they grow up. (Coakley, 2009) argues that many adults believe that this lack of control is eliminated by organised sports through which they constructively control their childrens activities. However it is of utmost importance that those who work in youth sport and policymakers adopt the right philosophy that encourages sport participation of youths in the long term. Individuals who are involved into such youth programmes ought to be aware about researched material that may be used to adjust the programmes to better serve the child interest, even when this goes against their philosophy. Negative Outcomes Participation is unlikely to persist when stubbornly sticking to the point of view of the adult whose way of thinking may be in conflict with that of the youth. One has to keep in mind the interest of the child; the fun aspect of the sport itself. Children tend to stray away from adult invasion into their sport. They like to create their own games, their own worlds, therefore forcing them to participate into organised activities might lead them into a path they do not want. (Gill, 2007) mentions several arguments in favour of exposing our children to environments where a degree of risks is involved, as opposed to institutionalised sports. We actually do children a disservice by trying to eliminate risks from their lives as they grow up (Gill, 2012). When children are allowed to experience risky situations, they learn practical skills, such as swimming, cycling and road safety, that help them manage similar situations and protect themselves in the outside world. In addition, if not allowed to experience risks, children tend to seek out situations that may potentially be too dangerous. In other words, children like the challenges present in risky situations. Parents usually fear the fact that the environment outside of home has become such a dangerous place for children. They feel more security by trusting their children to coaching methods that are sometimes found to be counterproductive. This ideology may sometimes expose our children to occasional high injury rates from organised youth sport such as stress fractures and other injuries caused by overuse. (Micheli, 1990) suggests certification of coaches as a part of the solution. In a study on US youth sports, (Seefeldt Ewing, 1992) found that there was a drop from 25% to 3% in sport participation from the ages of 10 to 18 respectively. This huge withdrawal was attributed to the competitive nature of sports in males. (Biddle, et al., 2005) drew similar conclusions for females. (Cotà ¨ Wall, 2007) postulate that children who do not experience fun in sport at their early ages, tend to drop out from the activity because they lack the intrinsic motivation to keep on participating. This hinders the higher level skills they would have obtained later on in their sports career. (Abbott Collins, 2002) propose that if youths do not engage successfully into sport activities at the participative phase (up to eight years of age) they will most likely lack self-efficacy beliefs which are necessary to persist in being physically active through life. (Coakley, 2009) mentions ample literature from critics of adult-organised sports that argues on many shortcomings of this approach. The presence of parents watching their child playing an organised, competitive game that is customised for adults is counterproductive both mentally and physically to the child. Some children make it clear that they feel most parents come to see them playing just to criticise them both during and after a game, making them feel embarrassed. Even worse, this sends the wrong message to children that physical activity and sport is there only for the young, given that their parents are always sitting there as spectators. Children are not to be treated as miniature adults; some youth sports organisations expose children to too little practice and too many competitions when studies show it should be the other way round. Equipment and rules are sometimes not suitable to the age and ability levels of children. Main Areas to be Considered Up to the young age of two years, children look for pleasure from discovering and mastering attempts. Up to around six years of age children exhibit an egocentric character. Starting from the age of five youngsters enter the social comparison phase in which they start to compare what they have and what they do with their peers. This is usually interpreted as a sign of the childs interest in competition. This phase continues to strengthen until the age of twelve. Children younger than twelve may find it difficult to get the full understanding of their role in a competition. To encourage participation the rules of the game must be modified to suit their developmental capabilities (Richardson, 2007). It is also suggested that children in this age range areà exposed to a variety of sports as well as different positional variations in each sport. To be ready for competitive sports, young individuals need to fully develop their physical, cognitive and social abilities. Several studies suggest that children start to develop their cognitive and social abilities at around the age of eight and these abilities are expected to reach their required levels at the age of twelve (Coakley, 2009). In fact literature shows that the ideal age of introducing competitive strategies is at the ages of twelve to fifteen, also known as the transitional phase, and children under eight years of age should not be put into competitive roles. Research consistently shows the attraction of children to freedom in whatever they do (Gill, 2007). The traditional sports organised by adults tend to focus more on rules as opposed to informal sports that emphasise action, an approach that shows more positive outcomes (Coakley, 2009). One of the benefits of rules is to allow for safety. However, (Mullarkey) maintains that We must try to make life as safe as necessary, not as safe as possible. Rules from organised games should be modified in such a way to allow for more action and personal involvement and to keep the difference in scores as low as possible. On the other hand, action must meet the requirements to strengthen personal involvement, excitement, decision making and interpersonal relationships between participants. When working with children one should not assume that the social and cognitive abilities are already fully developed in sports. (Bandura, 1997) stresses the importance of both perceived and actual competence in an individuals decision to both engage in and maintain involvement in an activity. Actual competence widens the choice of sport for the individual while perceived competence provides the drive to persist in the sport even when difficulties are met. Therefore, if a broad range of psychomotor skills have been successfully developed from a young age, the literature suggests these will act as a basis for subsequent involvement as well as equipping individuals with the ability to make appropriate participation choices. In informal sports, one must be careful not to allow any form of bullying, patronising of girls when playing with boys and exclusion. The role of the adults should be that of a guide who ensures safety, encourages participation, mediates disputes and not to impose organised sports rules. Sometimes informal games may require more play space, but this can be overcome by creativity from the coach. Creativity is also a quality that is strengthened on the child when exposed to an informal setup. Children get the message that in life they have make decisions and not always follow repetitive rules. Conclusion The above review suggests that in todays society, coaches, organisations and parents should be well aware of questions and issues which need to be addressed when involving themselves into organised youth sport programmes. People who work in youth sports must keep their mind open to new ideas and they should educate themselves to keep their knowledge up to date on the current studies in the field. To the contrary of adult sports, when dealing with youths, in particular at the participative level coaches need to emphasise less on structure and more on variety to keep motivation at high levels. Rather than early specialisation the ultimate goal is to make the child physically literate.
Sunday, January 19, 2020
Mrs. Mallards Reflections on Life in Kate Chopinââ¬â¢s ââ¬ÅThe Story of an Ho
Anyone who receives notice of a loved ones death is never expected to take it lightly. In Kate Chopinââ¬â¢s ââ¬Å"The Story of an Hour,â⬠Mrs. Mallard is informed of her husbands ââ¬Å"deathâ⬠as gently as possible, and immediately she understands the enormous significance this loss will have on her life. Unlike many widowââ¬â¢s, her feelings of utter devastation do not last. Mrs. Mallardââ¬â¢s sobs of loss turn to cries of joy after she reflects upon her own character and discovers truths about her marriage. As any woman would, Mrs. Mallard initially ââ¬Å"wept at once, with sudden, wild abandonment,â⬠(227) at the news of her husbandââ¬â¢s death. Her weeping almost seems forced as Mrs. Mallardââ¬â¢s true character is revealed later on. She is described as ââ¬Å"young, with a fair, calm face, whose lines bespoke repression and even a certain strengthâ⬠(227). Though Mrs. Mallard is still youthful, she has much more knowledge, and personal strength than others her age possess. Her extended knowledge and experience leads to realization of the position her husbandââ¬â¢s death has put her in, and that this death might actually bett...
Saturday, January 11, 2020
Ethics Program for Nonprofit Management Consulting Services Essay
Our clients are placing a high level of trust in us and we must honor that commitment by ensuring no confidential information is disseminated outside our company or to those inside the company who may have a conflict of interest. Above all else we will be professional with our clients and work to the best of our ability to provide them with unrivaled service. Since we specialize in working with nonprofit companies the majority of clients we work with will have an Ethical Code as well. When available we will take their Code of Ethics into account for any work we will be doing where we act on their behalf. Since we work with many nonprofit and volunteer based organizations we encourage everyone to volunteer and donate time as they see fit with the following guidelines; 1) Volunteering will not be done to curry favor with the business before they are a client. 1) Volunteering will not be done during an active consulting project with the company you are consulting with. 2) It is up to you to determine if volunteering for one of our clients will result in a conflict of interest. Training Program All New-Hire employees will receive a minimum of Four (4) hours of Ethics training during their first week with the company. At a minimum the following will be covered; 1) Code of Conduct 1) Actual ethical situations that have arisen with the company in the past a. Bribes / Gifts b. Conflicts of Interest c. Relationships with Clients 2) Who to talk to if an ethical situation or question arises d. Owners e. Ethics Point Hotline At the end of the training you should be able to understand the following items (Ferrell, Fraedrich & Ferrell, 2008); 1) Recognize Situations that might require ethical decision making 1) Understand the values and culture of the organization ) Evaluation the impact of your ethical decisions on the company 3) The difference between your ethical values and those of the companies. During your training if you have any suggestions to add or have ethical situations youââ¬â¢d like to discuss please do not hesitate to bring it up with the trainer. We understand that everyone has had experiences in personal life and when working with other companies. Those experiences can help us expan d and improve upon on our existing training and update our Code of Conduct as required. Training Program ââ¬â Yearly Refresher At a minimum of once a year, the entire company will convene for an Ethical Situations Round Table. Topics will include newsworthy stories of other companies and any closed ethical issues within the company. This is a time not only to discuss ethical situations but to work as a group in finding the ideal solution to how the company should handle similar issues. We want to be a step ahead and be prepared for events that could affect the company. Reporting/Monitoring of Discussing an Ethical Situation During your time with the company you may run into situations that you would like guidance on. The Owners of the company have an open door policy for talking about these issues. It is better to talk about them before they happen than after they happen though. The Owners will work with you on the situation for the best outcome for the company. They are invested in the company and ensuring the company makes ethical decisions ensures long term growth and profitability. Alternatively we have contract with Ethics Point to provide a hotline for reporting or discussing ethical situations if you do not feel comfortable talking with the owners about the situation in question. Your call to Ethics Point (ââ¬Å"Hotline Reporting -,â⬠2012) will be confidential but information about the situation will be reported to the owners so they can work through the situation. The company also leverages Microsoft Exchange for monitoring E-mails of all Employees to proactively deal with potential ethical issues that may arise while working with our clients. Due to this type of monitoring we highly recommend that personal issues are not dealt with using your business e-mail address. Investigating Ethical Issues or Situations The company has contracted with Ethics Point to handle the investigation of any serious Ethical situations. Due to the nature of Ethics Violations it can be a conflict of interest in our small company if the Employeeââ¬â¢s or Owners were tasked with these investigations. We also do not want to create a hostile atmosphere during or after the investigation. During an investigation your cooperation with Ethics Point is required. Failure to cooperate with the Investigation will lead to disciplinary actions that may include termination of employment. Disciplinary Action for Ethics Violations While we hope that we are able to provide you with enough training, reinforcement and the cultural atmosphere to be able to avoid an ethical issue, it does happen. Violations of the Code of Conduct will be handled by the CEO with recommendations from Ethics Point if they are if they are handling the case. Action will be based on the following items: 1) Damage of reputation or character of the company 2) Loss of Clients 3) Actions taken by the company to remedy the situation Action taken will be one or more of the following: 1) Additional Ethics Training 2) Leading one of the Yearly Ethical Discussions 3) Volunteer time with the Nonprofit of your choice 4) Time off w/ out Pay or use of vacation 5) Transfer of Account(s) to another consultant 6) Termination of Employment Reviewing and Improving our Ethical Culture At the end of each year after the yearly discussions all aspects of the Ethics code will be reviewed and updated as required. With the ever changing business environment and new situations that are constantly popping up in the media it becomes mandatory that we do our best to keep the Ethics program relevant. With all things relating to the Ethics Program we encourage feedback and suggestions throughout the year, not just at the yearly meeting. All suggestions received throughout the year will be discussed by the owners frequently and any changes to the program will be made. The ethics program belongs just as much the Company as it does the employee. The employeeââ¬â¢s will rely on it as a frame of reference for how to work through difficult situations and the company will rely on it to guide the employeeââ¬â¢s in their daily activities. If the company is successful the employeeââ¬â¢s will be successful. In addition to the yearly meetings and annual review of the Ethics Program, every 3 years Ethics Point will audit the program and supply recommendations that may be implemented.
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