Wednesday, October 30, 2019

The Cold War and Ray Bardbury's Fahrenheit 451 Essay

The Cold War and Ray Bardbury's Fahrenheit 451 - Essay Example The story is narrated by a third party with access to Montag’s thoughts and feelings; through this, the reader can easily relate to Montag’s transformation and the sentiments that drive his character. Montag has become a staunch book burner but this is not his own conviction and within no time, he must rediscover himself. The book explores the central theme of censorship and its impact on the individual as well as the community as a whole. The Cold War was an era of great tension and suspicion between democracy and communism. There were deep-rooted ideological, economic and political differences between the United States and its allies on one hand and the Soviet Union and its allies on the other. This was the time immediately before the start of the Second World War. In the novel, books have been banned in society and those that are found are burned along with the homes in which they are found. It is worth noting that the destruction of books began as self-censorship. B eatty explains to Montag how people lost a desire in books and instead opted for instant gratification in the form of television and fast cars. By illustrating censorship as a phenomenon that emerges from culture itself, the author expresses a concern that the evolution of the media is as good as a totalitarian regime in the suppression of free speech. Bradbury Ray. â€Å"Fahrenheit 451.† (New York, NY: Random House Print. 1996.) As highlighted in the book, the degree of mimetic dependence on historical experience creates a picture of the American context in the years following the end of the Second World War and the beginning of the cold war. It represents the widespread influence of the Soviet communism in eastern countries in Europe and the overreaction of America to it. This can be summed up as the fear of communism in American circles and the subsequent atmosphere of deeply rooted suspicion and political persecution in the form of witch hunt. The period represented in Fa hrenheit 451illustrates the overarching response to this pervasive paranoia in American society. This prompts the need to apply censorship in a bid to foster n all-pervasive environment of conformism and apathy.2 Given the suppression of individual thought, Fahrenheit 451 addresses the conflict between individuality and conformity. The characters’ lives revolve around pleasure-seeking and distraction. This culture does not seem to accommodate a broad range of self-expression. In fact, hedonism is the norm, coupled with mindless entertainment. When people try to question this kind of life, they are considered as threats to society. Clarisse, the young seventeen-year old girl and Montag’s friend, symbolizes expression of free thought and individuality. Once when going home from the fire station, Montag meets Clarisse who questions the nature and motivation of his job. At one point she asks him, â€Å"Have you ever read the books you burn?†1 Her questions and opini ons on life are disturbing and confusing to Montag. According to him, reading books is against the law. Bradbury Ray. â€Å"Fahrenheit 451.† (New York, NY: Random House Print. 1996.) 2 Tindal George B. and David Shi. â€Å"American.† W.W. Norton and Company, New York and London: 1997. This implies that Montage is doing this because the law demands so; Montag has to conform to this order, his own feelings and convictions

Monday, October 28, 2019

Henry James The Turn of the Screw Essay Example for Free

Henry James The Turn of the Screw Essay At first glance, it would appear that Henry James The Turn of the Screw and Tim Burtons Edward Scissorhands have only one thing in common: they are both from the gothic genre. But upon looking closer, one will notice that there are a number of other similar traits between the two. There are noticeable similarities between Edward and the Governess, as well as similarities between Edward and the two children in The Turn of the Screw, Miles and Flora. There are also general themes which the two share images of a perfect society, as well as onlookers who have no control over the situation. Both The Turn of the Screw and Edward Scissorhands have many traditional features of the gothic genre. However, when compared to each other, it is found that The Turn of the Screw has more of the traditional gothic elements. These include things such as the mysterious setting; an atmosphere of mystery and suspense that is present throughout the entire novel; visions, which are a regular occurrence for the Governess; supernatural events such as the ghosts and the possessions of the children; high emotion; women threatened by males, which is found on the many occasions in which the Governess feels threatened by Quint; and there are many instances in which the women of the novel are in distress. In spite of this, a number of these elements can also be found in Edward Scissorhands, if not to a lesser extent. These include elements such as the setting while the entire movie does not take place in a gothic setting, there are times where the viewer is able to see Edwards original home a mysterious, gloomy castle; an atmosphere of mystery and suspense, which is an underlying theme throughout the movie; visions to some extent experienced by the Boggs neighbour; and supernatural events largely, the overall creation of Edward. Other elements that are similar between the two are women in distress in Edward Scissorhands, this is largely Kim; and women threatened by males shown in scenes with Kim and her threatening boyfriend, Jim. There are not only similarities between the overall genre of The Turn of the Screw and Edward Scissorhands, but between the characters as well. There are striking similarities between the Governess, the narrator of the book, and Edward, the main character of the movie. One of the most prominent is that  neither of these lead characters have much experience in the real world, as is evident through their actions and words. However, the Governess and Edward deal with this in different ways. Edward is generally dazed and confused about everything. Nevertheless, Edward is willing to learn, and is open to being taught. In contrast, the Governess reacts to her lack of experience by acting as though she is knowledgeable. She is unwilling to try other methods, and refuses to listen to others who might know better. Both characters were also taught the difference between right and wrong. Edward is taught this by the inventor, while the Governess is taught this through both her upbringing, and by her father. Both Edward and the Governess are taught this in theory, but have never experienced it in practice that is, they have never been able to apply the idea of right and wrong to the real world. Additionally, there are a number of similarities between Edward, and the two children, Miles and Flora. Both have overbearing female or mother figures in their lives. In Edwards case, this is his foster mother, Peg, who tends to be more caring towards him, and looks out for him. In the childrens case, this is the Governess. However, unlike Peg, the Governess coddles the children, spending all her time with them and not letting them out of her sight. Both of them are also blamed for something which they didnt do, or which never happened. Edward is framed for the robbery and murder, which had the potential to get him in trouble with the law. This was a deliberate blame and set up. On the other hand, Miles and Flora were accused of seeing ghosts, and lying about it. However, in contrast to Edwards situation, we never know whether this actually happened but either way, it wasnt a deliberate setup. There are even more similarities between Edward and the two children. Both of these characters are abandoned by their father figure. In Edwards case, this is in the death of his inventor. Because of this, Edward has to learn to cope for himself, and as a result, is confused about how to act correctly. This differs to Miles and Flora though their parents die, and their uncle effectively abandons him, they still have people who are willing to look after them, such as Mrs Grose and the Governess. They are also both  idealised by the people around them. The community idealises Edward he is treated as a phase, the latest craze. They have preconceived notions of him, but dont take the time to get to know him and see if theyre actually true. In the childrens case, this is where the Governess idealises Miles and Flora. She imagines them to be so perfect and innocent, but she doesnt take the time to get to know them. Because of this, when they act differently to the behaviour she expects of them, she thinks something is wrong. Edward and Miles are both seen to have dangerous characters, and because of this they eventually become shunned or kicked out though the extent to which this happen differs. Miles is seen as a danger to the other children, and is kicked out of his school, but he is not rejected or shunned overall, just from one place. In contrast, Edward is eventually shunned by society as a whole because they dont understand him. As a result of this, he is rejected by society, and becomes an outcast. The narrative structure of the two texts is also quite similar. Both of them are told by a female, and in the first person. This viewpoint makes the story seem more personal, as it gives the reader or the viewer a better insight into what really took place. Both stories also start off in the present tense, with someone talking about the events which had previously taken place, before going into an account of the story. However, in The Turn of the Screw, we never go back to the original setting, whereas in Edward Scissorhands we are taken back to the original storyteller to finish the story. In both instances, it also gives the feel of the storyteller holding onto the secret, and waiting for the right time and place to finally tell their story to a willing audience. There are a number of general things which are common in both the texts. One of these is that both The Turn of the Screw and Edward Scissorhands have onlookers that have no control over the story, and dont fully understand what is going on. In Edward Scissorhands, the onlooker is Kim Pegs daughter who is a silent observer, and unsure as to what is happening. In The Turn of the Screw, this onlooker is Mrs Grose. Mrs Grose has no control over the actions of any of the other characters, and is forced to sit back and watch as the events take place around her, not fully knowing what is  going on. Another theme common in both texts, as well as being common in the gothic genre, is the idea of a woman being threatened by a powerful, impulsive, controlling male. In The Turn of the Screw, this is Quint, who, though dead, makes the Governess feel threatened. In Edward Scissorhands, the male is Jim Kims boyfriend. She feels threatened by his actions, and especially at his reaction to Edward. But the most obvious similarity between the two texts is that both have a perfect society, which slowly falls away, leaving the reader with an image of a very tainted place. In Edward Scissorhands, the community that he lives in is regarded as perfect, with everyone being accepting of him. However, as the story progresses, the perfect image falls away and we are left with a community that is biased and judgemental. In The Turn of the Screw, it first appears as though everything is perfect particularly the beauty of Bly, and the childrens characters, but we soon learn that it isnt. Overall, while there are some aspects of the texts which are entirely different, there are too many similarities for one to say that they are not alike in some way. These similarities are shown in a number of areas in the genre, the narrative structure, the characters actions and thoughts, as well as the overall themes and ideas which are introduced. However, whether The Turn of the Screw and Edward Scissorhands are similar or entirely different, they are both classic examples of the gothic genre of fiction.

Saturday, October 26, 2019

Mary Shelleys Frankenstein - Victor Frankenstein is to Blame Essay

Victor Frankenstein is to Blame Can an intense appetency for the pursuit of knowledge result in fatal consequences? In most situations when a strong desire is present consequences are seldom taken into consideration. In the novel, Frankenstein, Victor Frankenstein pursues knowledge in an obsessive manner that blinds him to the possible effects. Victor Frankenstein is the primary cause of his creature's desolation. Indeed, Victor Frankenstein is at fault for the creature's isolation and malformation, which causes the creature to feel rejected, lonely, and determined to seek revenge. Victor Frankenstein's determination to constitute a race causes him to create a deformed creature, which he immediately rejects. In the first place, Victor, who is strong willed, spends both night and day working on his creation, his initial concern is to create a race in which he may be their leader. He also uses parts that are bigger in size so that he may finish faster. When he finishes his reaction is completely different from what he had expected. For instance, when he is done with his creation he becomes so appalled by its appearance that he "rushed out of the room" (42). When Victor awakens the next morning he finds the creature at his bedside and at that moment he leaves. When he returns he finds an empty house with no creature in sight, which brings him a feeling of relief. Victor describes the creature as a "demonical corpse" (43) to which he has given life. Furthermore, Victor, sometime later, sees the creature at a distance and never once decides to approach i t. Instead Victor always rushes in the opposing direction. For example, while Victor is on his journey home he crosses the lake to Plainpalais and sees... ...s wickedness and its wanting to seek revenge. Â   In conclusion, Victor Frankenstein is to blame for the actions of the creature, which was brought about by its rejection. Victor became obsessive in his work, but when his creation was complete he fully rejected it causing the creature to lead a life of solitude. The monster also attempts to seek acceptance from society and fails. The creature, also aware that it has been rejected by Victor, pursues a life of revenge killing those dear to him. Hence, if Victor would have never abandoned his creation the multiple deaths of the innocent could have been prevented. Works Consulted Boyd, Stephen. York Notes on Mary Shelley's Frankenstein. Longman York Press, 1992. Shelley, Mary. Frankenstein or the Modern Prometheus. Edited with an Introduction and notes by Maurice Hindle. Penguin books, 1992

Thursday, October 24, 2019

El Nino: Past, Present, and Future Essay -- Natural Science essays

El Nino: Past, Present, and Future El Nino is both an atmospheric and oceanic phenomenon affecting weather patterns all around the world. It is complemented by La Nina in a cycle that occurs approximately every 4 years, varying as much as every two years to every six years (Wang 1999, 3331). La Nina has almost the opposite effect, however differs in its strength and duration randomly, as does El Nino (Fedorov 2000, 1998). The cycle is often paraphrased as ENSO, standing for El Nino-Southern Oscillation (Flugel 1997, 3230). It is called this because the El Nino phenomenon is especially strong in the Southern Hemisphere, and has greater effects in areas of the pacific near the equator. Although ENSO is prominent in certain areas, it alters weather patterns all around the world. The El Nino pattern can be quite random with and approximate range of 2 to 6 years per cycle, and is a loaded gun believed to be triggered by western winds (Fedorov 2000, 1997). Many scientists are now looking to the past for answers, so the El N ino cycle can be predicted for the years to come. New discoveries have recently been made on El Nino's history, and possible future. Recent El Nino's and La Nina's have shown that there is no effect of the strength and duration of one on the other (Fedorov 2000, 1998). The last one in 1997 was among the strongest, next to the 1982 El Nino (Fedorov 1997). Although the ENSO is relatively unpredictable, some scientists believe it to be dependent upon the intensity of trade winds and the depth of the thermocline (Fedorov 2000, 1997). A thermocline is the layer of water that rests between the upper and lower layer water that are categorized by the water temperature (Fedorov 2000, 1997). For example, off the coast of Peru... ... could argue that these alterations from the normal ENSO cycle could be due to global warming. Right now more research is being conducted, which would be necessary to prove this theory. Only time can tell us whether we will need to beware of El Nino's wrath in the future or whether El Nino will be tapering out. Works Cited Fedorov, Alexey V. and S. George Philander. "Is El Nino Changing?". Science: vol. 288, June 16, 2000, pp. 1997-2001. Flugel, Moritz and Ping Chang. "Does the Predictability of ENSO Depend on the Seasonal Cycle?". Journal of Atmospheric Sciences: vol. 55, No. 21, pp. 3230-3243. Kerr, Richard A. "El Nino Grew Strong As Cultures Were Born". Science: vol. 283, Jan 22, 1999, pp. 467-468. Wang, Risheng and Bin Wang. "Phase Space Representation and Characteristics of El Nino-La Nina". Journal of Atmospheric Sciences: vol. 57, No. 19, pp. 3315-3333.

Wednesday, October 23, 2019

The Story Only Goodness by Jhumpa Lahiri

People usually have strong opinions and differences when it comes to problems that face intercultural marriages. Most of the people I know my brother, dad and some of my friend married from different culture and each one has a story to tell. However, some of the problems that face intercultural marriage are culture difference, religion, and last but not the least identity conflicts. Some people think culture difference is not an issue and they can adapt to a new culture very easily, but that is not true. It is number one problem that faces every intercultural marriage. There are a lot of things that we do that are normal to us, which are not normal to others. For example, in my community a man is known as the breadwinner while a woman is caretaker of the children and has nothing else to do, so she cannot ask her husband to change diaper, or help her clean the house. In America something like this is normal. Another example of culture difference that leads to a lot of problems is a woman having a male friend. In most of the communities a woman should not have a male friend besides her husband, but in America it’s normal for her to have friends regardless of their gender. All of this culture difference leads to problems in intercultural marriage and makes understanding each other difficult. Religion is one of the main problems that faces intercultural marriage. Despite the upswing in the religious fundamentalism in all part of the world, very few couples can speak of their religious conflicts freely in their marriage. However, people normally think they can address their religious differences thoughtfully before marriage, realizing that what people believe affects not only how they worship, but also how they live their daily life. A good example is a marriage between a Muslim and Christian. A Muslim person has a lot of restrictions he is not allowed to drink alcohol or eat pork meat, which is normal in most part of the world, but not to a Muslim person and will lead to a lot of problems because some people can’t live with out alcohol. Another problem is, a child borne into this kind of marriage get confused which way to follow because the father and mother have different religion and they each want their child to follow their footsteps and they get caught in the middle. Finally, another problem that faces intercultural marriage is identity conflict. Children borne out of two races for example black and white or different nationalities have difficulties in stating their races because mostly they face rejection from both sides, some time they call themself half white or half black or fifty fifty. A good example is our president Barack Obama. Some people think he is black while others think he is white because of his mother, and most blacks don’t like him for that. I have a half brother who is still trying to figure out whether he Arab or African because his mother is an Arab and lives in Dubai and our father is African. Last year when he came to the USA we met each other he couldn’t speak any other language except Arabic and we couldn’t communicate each other well because of that, but he did not think of me as a brother, but a stranger he just met. His mother got divorced from my father long time ago when he was a child and took him along with her. All these are problems that face intercultural marriage. In conclusion intercultural marriage has many problem such as culture difference, religion, and identity conflict. But all of these are how nature is and nobody can change it. It doesn’t mean that people shouldn’t marry; they still do get married from different community and live together happily ever after. Even I want to get married to a white girl and let’s hope things will never change for us and remain the way it is now and tomorrow.

Tuesday, October 22, 2019

Income inequality essayEssay Writing Service

Income inequality essayEssay Writing Service Income inequality essay Income inequality essayIncome inequality is an important issue in the USA. There exist many factors which are assumed to drive income inequality: discrimination, social differentiation, the impact of geographic location and neighborhood, etc. Income inequality is high in the developed countries, and the processes of globalization tend to aggravate inequality. In particular, the incomes of upper and middle class citizens tend to increase, and the incomes of bottom middle and low-income class further decline. Income inequality also depends on the state: for example, in 2009 the lowest income inequality was witnessed in Maine while the highest income inequality was recorded in Texas (Noah, 2013).Some of the growth of income inequality is attributed to the increasing power of multinational corporations, global financial institutions and people possessing great power. In 2011, an international movement named â€Å"Occupy† emerged; the goal of this movement is to achieve greater equ ality in the distribution of income and resources among people. The leaders of this movement state that income inequality undermines democracy and leads to social instability (Noah, 2013).Structural factors shaping income inequality are interrelated with the governmental policies, decisions and strategies. Income inequality has many negative consequences for the society such as the lack of opportunities for young people, low social mobility, discrimination, increased level of stress and aggression, etc (Reardon Bischoff, 2011). Among the factors influencing income inequality there are the policies pertaining to unemployment insurance and minimal wages, tax reforms and changes, tax policies and programmes of income support (Banerjee, 2010).Furthermore, income inequality itself causes more dangerous social tendencies such as the segregation of affluence and poverty and deterioration of low-income communities. Income inequality is assumed to relate to gender, but the research data ass ociated with income inequality also indicate that there might exist gender stratification or the stratification of particular social groups pertaining to income.It is important to analyze existing distribution of income in the context of racial/ethnic differences, gender differences and social groups formed by different combinations of racial/ethnic and gender characteristics. It is likely that there are several vulnerable social groups which are struggling to overcome income inequality. Studying the specifics of income inequality is important because addressing this social issue will help to enhance social stability, might contribute to the reduction of crime and strengthening of the economy in general.Research questionThe major research question considered in this paper is formulated as follows: â€Å"Among U.S. adults, how does the level of income differ between gender and race/ethnicity?†. The data for this analysis will be based on the data of Current Population Survey ( CPS) which was conducted for the Bureau of Labor Statistics by the U.S. Census Bureau. It should be noted that instead of absolute income values, income groups will be considered in order to establish more precise borders for identifying income inequality.HypothesesIn this research, there will be three major hypotheses. Hypothesis 1: Among U.S. working adults, differences in income level exist between genders. Hypothesis 2: Among U.S. working adults, differences in income level exist between different races/ethnicities. Hypothesis 3: Among U.S. adults, differences in income level exist between the different social locations created by race/ethnicity and gender.Basing on the preliminary analysis of sources devoted to studying income inequality, it is possible to assume that there exists gender-based income inequality and income inequality related to race/ethnicity. Therefore, the initial assumption is that both Hypothesis 1 and Hypothesis 2 are correct. Furthermore, it is assumed tha t there are specific social locations for which income level difference is statistically significant, i.e. that Hypothesis 3 also holds.

Monday, October 21, 2019

101 Rhetoric Review and Self-Segregation Professor Ramos Blog

101 Rhetoric Review and Self-Segregation Rhetoric Review Rhetoric Review In small groups design and color a poster with your explanation, definition, and examples for   your term. Rhetoric Ethos Logos Pathos Argument/Persuasion Fallacy Why America is Self-Segregating danah boyd In small groups, cover your section and figure out the main points, examples, takeaways, need to knows. Intro 219 Privatizing the Military 221 A Self-Segregated Life 223 Diversity is Hard 225 You will have six minutes to figure out the main points. Pick a scribe, and a presenter. Write the points up on the board. The presenter will have 2 minutes to explain the main points.

Sunday, October 20, 2019

Dharma in Buddhism and Hinduism Essay Example

Dharma in Buddhism and Hinduism Essay Example Dharma in Buddhism and Hinduism Paper Dharma in Buddhism and Hinduism Paper The beginning of this class consists of two sections, Hinduism and Buddhism, both of which we have learned a lot about. Within these religions we see some differences and some similarities that one could relate the two with, and one of those is the term Dharma. When examining Dharma in both Hinduism and Buddhism, people may notice that they are somewhat similar, but they will also see that there even more differences within this term. To better understand this term, we must first define it within the religion and then see what they have in common with one another, if nything at all, and finally notice where the big differences are between them. Dharma is a powerful word, but some may see it differently then others depending on their religion, or their understanding of the religion at hand. So to better understand this term we must first define the term specific to each religion. First we look at Hinduism, here Dharma is defined as, the most basic concept of Hinduism. It is a wide-ranging term for righteousness, law, duty, moral teachings, religion itself, or the order in the universe. (Voorst, 72). It goes on to say that, Dharma is also the god ho embodies and promotes right order and living(Voorst, 72). This in itself is not especially self-explanatory, but we will go into further detail after learning the meaning of the word in the Buddhist religion. The meaning for Dharma for Buddhists is quite different, this world view the dharma, law, teaching about the universe and the release from it. (Voorst, 1 19), so Just looking at the definitions we can see that they can relate but we need to look further to see the differences. First we look at how these two religions use the term Dharma in the same way. We an start with the laws and teachings within the religions, and how they can go hand in hand with one another. The purpose is to guide the followers in a way of living, to provide for a better reincarnation. In Hinduism the teachings are passed down year after year for centuries in order for people to follow, so that at the end of life, they can come back as a better (or worse depending on the way in which they lived) living creature. Then in Buddhism it follows the same guidelines, to teach the ways in which to live the best life. Which brings us to the next commonality between the religions, which is the art of reincarnation. Both the Hindus and Buddhists follow a cycle of reincarnation (samsara), to follow the religious recommendations in hope that the next life they live is better then the one this time around, and ever moving forward toward one day finding their way out of rebirth called: moksha in Hindu terms and nirvana in Buddhist terms. After learning the basic ways of the religions and how they can go hand in hand, we have to look at what makes them a religion apart. While we can for sure see these religions can relate to one another, we need to look further to get the difference. The main difference is the way in which the eachings are learned and understood. In Hinduism the teachings come from being passed on over time, and having specific duties; as to where and who you are in life, specific to ones place in the world; ones social position or caste membership, stage of life or gender(Voorst, 72). This is showing that Dharma of a wife is very different from that of her husband or child, and a worriers dharma is very different of that of a teachings of Buddha himself, to believe that, he taught his followers to think for themselves and carefully examine the teachings of the religion to determine what is ight for them(Voorst, 106). So we can see that in one religion we have life set out the way it should be lived and in the other people are free to live the way that they see fit within their religion. The next main difference is the actual being of the dharma. In Hinduism Dharma is not only seen as the way in which people should live, but also as the god Vishnu or Rama. Here we see the term dharma as, the preserver of dharma who takes worldly form (avatara) to combat threats to dharma,(lecture, 9/16). It was also said that, Rama, was a heroic king who, along with his spouse exemplifies harma,(lecture, 9/16). This is very different then that of the Buddhists, because they believe that, what Buddha discovered, is that which makes him the awakened one,(lecture, 9/23) So we see that it is somewhat of the reverse from Hinduism, because it is not represented or upheld through gods, but that which brought them their god to worship. So again we see clearly that these two religions are not as closely related as people may think. After spending a good amount of time, it is easy to see that the two meanings of dharma are different within the same context outline. They both deal with the rights nd wrongs of the people within the religion, and they both have, in one aspect, the same meaning; law and teachings. But when we gape deeper into the word, the way of life in Hinduism is dharma, but the Buddhist Just follow certain aspects of dharma in their religion. In both religions the word dharma is very important to understand and follow, but even more important is the understanding of all the things that fall within its meanings and the other words that are connected to it. So to say it bluntly, these religions may follow a similar path, but have very different directions of that path to be followed.

Saturday, October 19, 2019

Financial Management Problems and case #6 Essay

Financial Management Problems and case #6 - Essay Example Reporting a large loss and/or increasing dividend payout would have a negative effect on cash and profitability. Problem 9: MVA - Henderson Industries, with a stock price of $60, $500MM of issued common stock, and an MVA of $130MM has shares outstanding in the amount of 10,500,000; the result of the sum of the book value ($500MM) and the market value added ($130MM) divided by the share price. Problem 10: Cash Flow - Based on the information provided regarding Bailey Corporation's Income Statement: (a) The net operating profit after taxes is $3B [NOPAT=EBIT(1-Tax rate)=$4B(1-$1B)]. (b) The net cash flow is $4.5B [NCF=NI+D&A=$1.5B+$3B]. (c) The operating cash flow is $6B [OCF=EBIT(1-Tax rate)+D&A=$3B+$3B]. (d) The free cash flow is $2.7B [FCF=OCF-IOC=$6B-$3.3B]. Problem 11: Income Statement - Based on the information provided regarding Hermann Industries' Income Statement forecasts, the forecasted net income would be achieved by a sales figure of $ 12,681,481.47: Sales $12,681,481.47 Operating Costs (55% of Sales) ($ 6,974,814.81) EBITDA $ 5,706,666.66 Depreciation & Amortization ($ 880,000.00) EBIT $ 4,826,666.66 Interest ($ 660,000.00) EBT $ 4,166,666.66 Taxes (40%) ($ 1,666,666.66) Net Income $ 2,500,000.00 EMBA 503, Financial Management Case Six YOUR FULL NAME YOUR INSTITUION OR SCHOOL PROFESSOR DATE Lottery Winnings: Case Study Six 1. If you were one of the winners, which option would you select Why I would choose the cash option. I would do this primarily because I could invest the money safely and obtain a return that, although less than the annuity payment, would still give me more money than I need each year and would never... Problem 9: MVA - Henderson Industries, with a stock price of $60, $500MM of issued common stock, and an MVA of $130MM has shares outstanding in the amount of 10,500,000; the result of the sum of the book value ($500MM) and the market value added ($130MM) divided by the share price. Problem 11: Income Statement - Based on the information provided regarding Hermann Industries' Income Statement forecasts, the forecasted net income would be achieved by a sales figure of $ 12,681,481.47: 1. If you were one of the winners, which option would you select Why I would choose the cash option. I would do this primarily because I could invest the money safely and obtain a return that, although less than the annuity payment, would still give me more money than I need each year and would never diminish the principal. Also, if I did not spend all of the money gained from the investment, the compound interest would increase my portfolio significantly. Finally, my tax burden would be less over the long term because capital gains from the investments are taxed at a lower rate in the U.S. than regular income. 3. Is the State of Michigan justified in advertising the prize amount as $363 million Explain.

Friday, October 18, 2019

Foundations of Managment & Organization Essay Example | Topics and Well Written Essays - 3000 words

Foundations of Managment & Organization - Essay Example There are two aspects that are normally connected to rationalization. The first aspect includes the question on the number and size of the institution in the sector (Morgan 2006). The second aspect is determination as to whether the institutions are despite their numbers can be collaborated to minimize duplication of duties by the entire system (Morgan 2006). It important to note that rationalization has both beneficial aspect and disadvantageous side of its application on an existing company. By the virtue that the core objective of introducing rationalization is to bring quality services, the issues of costs reduction is out of question (Morgan 2006). It should be noted that rationalization will result in increased prices of goods and services in the company. When relating this with Travelodge hotel, rationalization has made customers even not to pay for services they don’t (Morgan 2006). Travelodge just like many hotels have embraced the need to offer quality services. In most scenarios, customers do not mind about the high costs accelerated by rationalization rather, they focus more on clean and confortable place where one can get a good night sleep (Morgan 2006). Therefore, despite the speculation that rationalization will reduce prices, the truth is that it contributes to high costs of goods and services offered (Rodrigues 2001). It should also be noted that rationalization which people believe will modify the institution to be bigger and larger is a misguided notion (Rodrigues 2001). It is not a guarantee that by improving the quality of services within an institution should also be accompanied by expansion of its size and departments. Application of rationalization tools will guarantee advancement in quality service pleasing to customers but it will not enhance business expansion. It is important to note that despite Travelodge applying

Characteristics of Innovative Organisations Term Paper

Characteristics of Innovative Organisations - Term Paper Example Organizations that have strong visions are more capable of appreciating and utilizing people's creative talents. With a strong vision comes a better focus on the long term outcome. This enables the company to devise different creative and innovative ways to reach that outcome. True vision is defined as the ability of the organization to create a strong future from nothing. It is a fact that all the organizations have a past and a history. Strong vision enables the company to have a strong future irrespective of the past. That is why having visionaries are the most important feature of such innovative organizations (Donna, Prestwood & Schumann, 2003). Because they can create such a vision or redefine an old vision that can bring success to the organization. They are not dictated by the past and history of the organization but on the other hand that does not mean that they neglect this factor completely. They learn from the mistakes of the past and try to improve their methods and prac tices. Innovative organizations are constantly looking forward to re-inventing themselves in a very flexible manner but without losing the necessary focus. They are constantly driven by their vision of the future and they continually push forward to achieve this. They are very proactive in nature. They like to create their own future rather than react to the future dictated by others around them. Change towards the better is their first priority rather than the last as is the case with most of the organizations around the world (Donna, Prestwood & Schumann, 2003). Innovative organizations try their very best to know their customers. They learn from the needs of their customers and often let this factor dictate their innovation. They increase their innovation and competitiveness to cater to the varying needs of their customers. They are constantly in the process of thinking about their products and changing them.  

Thursday, October 17, 2019

The Exercise of Accounting Clothes Personal Statement - 2

The Exercise of Accounting Clothes - Personal Statement Example I thought that I had only few purchases that were made from China but I did not expect that majority of them were actually from China (there were 22 clothes that I bought coming from them). This misimpression is due to the fact that even if the brand is patently American, if we bother enough to check the label on where it is made, it is in fact made in China. For example, my sport apparel Nike. We know that Nike is an American company and we would like to think that it is also made in America. But no, check the labels and you cannot even read them because it is written in Chinese character. It is in fact made in China. This led me to think and do some basic research. I begun to understand the supply chain that companies employ in order to save cost and become competitive. But again, this led me to think if the main motivation really is to save on cost to sell their products more affordable then are their prices are saying otherwise? Nike is still priced at premium even if they had ou tsourced their manufacturing to some sweatshops in China. These companies are raking billions of dollars in profit. The motivation of having their manufacturing somewhere else must be the drive to profit more by finding ways to cut cost by looking for people who can do the job the cheapest way possible. Sadly, this takes jobs away from Americans and kills our local garment industry. This also makes the salary of those who works in our textile industry low because of competition of the dirt cheap salary of textile workers in Bangladesh and Cambodia. Worst, this outsourcing has brought new evils in the country that they were outsourced such as China and countries in South East Asia (Thailand, Indonesia, Philippines). News about the old labor, unreasonably long working hours and dangerous working conditions are prevalent that it defeats the benefit of giving people jobs because they are being exploited. Also, the quality of the textiles deteriorates because the manufacturing process of the countries they are from cut corners. Also, I noticed during the process of my accounting my clothes that some have labels of being recyclable (the ones made in USA) while many do not. I understood it because of our stringent laws about the environment and our general concern about the environment. I checked the labels on the other clothes that I have that were made overseas and there were no labels that the clothes can be recycled. This led me to think that these manufacturers must have no concern for the environment after making the sales or even during the manufacture of these clothes. Come to think of it, if they cared less about their workers, employing them in hazardous working conditions and giving them oppressive salaries whose ill effects can be immediately observed, how much more about the environment whose effect can only be felt many years ahead? Also, the quality of the fabric can readily be distinguished because those that came from the USA are noticeably of better quality. We just came from a financial crisis and to some extent, we are still reeling from it.

Staff Retention Strategy Assignment Example | Topics and Well Written Essays - 4000 words

Staff Retention Strategy - Assignment Example They are the customers for jobs. If managers do not prepare a good foundation, they cannot expect them to stay. Employees will no longer endure what they do not like in their employment situation. They have power in the knowledge of their abilities and confidence in their value in the marketplace. With greater loyalty to their career and their skills than to their employer, they move on. Current paper provides discussion of proper strategies that should be applied for keeping employees who are the greatest assets of any organization. Using the case of London Housing Association, I will emphasize strategies of retention employees in this organization while basically examining job descriptions, recruitment, selection, and orientation, looking at the employees' perspectives on the issue. Keeping good help productive and on the job is the keystone of management. It is an everyday, continual process. It represents not one single problem with one single solution but rather a maze of simple and complex problems each with several possible solutions. Successful management deals with each problem and chooses among the alternative solutions. Management is, perhaps, problem solving and decision making. In dealing with problems the manager would do well to keep in mind an old rule "If you are not part of the solution, then you must be part of problem... If you are part of the solution, you are probably part of the next problem." (Campbell, Campbell, & Chia, 132) The problem of high turnover seems more evident in some businesses than in others. The manager who faces this problem should be aware that there is no simple solution, only intelligent choices. In making these choices the manager needs a basic understanding of people and why they do what they do or why they don't do what you would like them to do. The choices management makes in these decisions should be predicated upon the goals of the organization. The results of such decisions may actually be a test of the validity of organizational goals. Realistic goals which have been developed and accepted by all segments of the organization will prove to be a much sounder base for management decisions than goals developed from a narrow perspective of any one segment of the organization. Both the organization and the employee are beginning a relationship that will not last if there is a mismatch between the position requirements and the new hire's skills. It makes no difference if the mismatch is due to managers' unawareness of what they need, not having the right person in candidate pool, not selecting the person who can do the work, or not launching the person hired on the right track. The results are, on either side, unfruitful. For the organization: loss of productivity because work is not getting done or not getting done right; burnout of overworked employees; the often hidden cost of management time to fix the problem. For the employee: frustration due to not being able to use one's skills; investment of time and energy to find another position. In London Housing Association retention is interrelated with recruitment and employee relations. Each impacts the other, and all three are related. London Housing Association begins its retention efforts by centralizing its recruitment efforts. Through its recruitment centers it provides better-quality applicants for managers to

Wednesday, October 16, 2019

The Exercise of Accounting Clothes Personal Statement - 2

The Exercise of Accounting Clothes - Personal Statement Example I thought that I had only few purchases that were made from China but I did not expect that majority of them were actually from China (there were 22 clothes that I bought coming from them). This misimpression is due to the fact that even if the brand is patently American, if we bother enough to check the label on where it is made, it is in fact made in China. For example, my sport apparel Nike. We know that Nike is an American company and we would like to think that it is also made in America. But no, check the labels and you cannot even read them because it is written in Chinese character. It is in fact made in China. This led me to think and do some basic research. I begun to understand the supply chain that companies employ in order to save cost and become competitive. But again, this led me to think if the main motivation really is to save on cost to sell their products more affordable then are their prices are saying otherwise? Nike is still priced at premium even if they had ou tsourced their manufacturing to some sweatshops in China. These companies are raking billions of dollars in profit. The motivation of having their manufacturing somewhere else must be the drive to profit more by finding ways to cut cost by looking for people who can do the job the cheapest way possible. Sadly, this takes jobs away from Americans and kills our local garment industry. This also makes the salary of those who works in our textile industry low because of competition of the dirt cheap salary of textile workers in Bangladesh and Cambodia. Worst, this outsourcing has brought new evils in the country that they were outsourced such as China and countries in South East Asia (Thailand, Indonesia, Philippines). News about the old labor, unreasonably long working hours and dangerous working conditions are prevalent that it defeats the benefit of giving people jobs because they are being exploited. Also, the quality of the textiles deteriorates because the manufacturing process of the countries they are from cut corners. Also, I noticed during the process of my accounting my clothes that some have labels of being recyclable (the ones made in USA) while many do not. I understood it because of our stringent laws about the environment and our general concern about the environment. I checked the labels on the other clothes that I have that were made overseas and there were no labels that the clothes can be recycled. This led me to think that these manufacturers must have no concern for the environment after making the sales or even during the manufacture of these clothes. Come to think of it, if they cared less about their workers, employing them in hazardous working conditions and giving them oppressive salaries whose ill effects can be immediately observed, how much more about the environment whose effect can only be felt many years ahead? Also, the quality of the fabric can readily be distinguished because those that came from the USA are noticeably of better quality. We just came from a financial crisis and to some extent, we are still reeling from it.

Tuesday, October 15, 2019

This assignment allows you to determine the specific details about the Essay

This assignment allows you to determine the specific details about the fictitous company in order to conduct an environmental scan of this company - Essay Example The two owners take care of the managerial aspects of the business, including financial forecasting; accounting and dealing with suppliers and buyers (there are no other salaried employees). Right now the business is facing great competition from rival manufacturers. As the operation is relatively small, producing only 6,000 units of output per month, they cannot enjoy economies of scale that are available to larger manufacturers, these manufacturers also have more clout over their suppliers (or have integrated backward operations) allowing for a lower cost of raw material which translates into lower prices for their customers. Similarly, challenging is the inflow of imported manufacturing parts from economies like China, Japan and Germany which can compete at prices lower than local prices. Government policies enhancing free trade and lowering of trade quotas means that without legislative protection, they have to introduce more efficient and effective ways of processing if the business is to remain afloat. The relative competitiveness in the market along with threat of new (more powerful) entrants will decide whether the business can continue to run or will have to be shut down. With the recession of 2008, the economy took a severe downturn and because of financial security concerns, the banks were reluctant to hand out loans to small businesses. The two partners started their business on self finance and in order to introduce new technology or managerial staff to run their business they will need more resources than they have on hand. Their focus for the past few months has been to form strong relationships with their current customers, including car dealerships, repair shops and the used car market, through strategic marketing and PR platforms. But at the moment they cannot gain customers in the car manufacturing sector as they don’t have the capacity to bring in large orders of

A Tale of Two Cities Character Carton Analysis Essay Example for Free

A Tale of Two Cities Character Carton Analysis Essay In the novel, A Tale of Two Cities, Sydney Carton’s character went through a series of decisions that affected the outcome of the novel. Sydney Carton looks almost looks exactly the same as Charles Darnay, but the main difference, was that Darnay was sober a majority of the time, and he cared and worked for his life. Lucie, the love of Carton’s life, had fallen in love with Darnay. After Carton realized that Lucie would have picked him if he hadn’t been so slavish and drunk a majority of the time, he decided to change. He knew he had already lost Lucie, but he thought that maybe he could still use the rest of his life for the better. His decision to change was not state out right, but the events in the novel, led the reader to the conclusion, that he turned around his life for Lucie. At the beginning of the novel, when Carton is first introduced, he is sitting in the courtroom staring at the ceiling. The author made it seem like Carton did not care what was going on in the courtroom, but later the reader discovers that Carton was listening to the case the entire time. Carton had heard a flaw in the prosecutor’s plan, and he gave a note to Stryver, resulting in an acquittal, which Stryver had received full credit. As the reader continues reading, it is later discovered that Carton is the hand guiding Stryver, while Stryver is just the image. Carton never did anything for himself; because he was too busy helping others. Later in the novel, Carton planned an almost full proof plan to help Charles Darnay. Even though he had made the decision to change, and think out a plan, he never lost the characteristic of putting others before himself. Although he took the place of the Darnay, before his death, he took it for Lucie. As Carton’s character is slowly unfolded throughout the second book, the reader can conclude that Carton dislikes Darnay. Carton dislikes Darnay, because Darnay is the constant reminder to Carton of what he could have been like, if he had not made bad choices in law school and made good choices in general. Whenever Carton came over to the Manette’s home, and was in the presence of Darnay, he was even more quiet then usual. However, when he decided to turn his life around, he buried his hatred for Darnay, and treated him with respect. Even with this decision, carton could not have Lucie, but she accepted him as part of her own family, and he was content with that. At the end of the novel, Carton takes time to plan out a five-step plan to save Darnay, and ends up sacrificing himself for a man he use to hate. Part of Carton’s old personality, was that he always wore his emotions on his sleeve. He thought he was useless and he lacked self-esteem. This was shown throughout the beginning of the book, for he was a drunk resembling his worthless life. He didn’t speak in the conversation unless it was a topic that he truly cared for. Right before his change, he professed his love to Lucie. After his change, he learned to hide his emotions. Although he may not like Darnay, he kept those feelings to himself. He stayed mysterious in Book III, in order for his plan to be successful and his appearance to be surprising. The character, Sydney Carton, was given a second chance as their life was resurrected. Lucie Manette is responsible for the resurrection of Sydney Carton, for she was the inspiration that got Sydney Carton off his feet. Carton twice saves Charles Darnay even though he disliked him. Carton described himself as a wasted creature but Lucy explained that she had faith in him and that he was capable of doing better things. He ended up promising that he would do anything for her, sacrificing his life for Charles Darnay. By hiding his emotions, he was able to carry out a plan without anyone attempting to stop him. Carton strived to become a better person and change his life around because Lucie believed in him. Because of the change in Carton, Darnay’s life is spared and Carton dies with dignity, knowing his life was not a waste.

Monday, October 14, 2019

Psychological Effects Of Alcohol On Behavior

Psychological Effects Of Alcohol On Behavior When people think of the negative effects alcohol has on the body, many times people may think of the damage it does to the internal organs. Some of the areas that are affected by alcohol are the liver, the stomach and pancreas, and the kidneys. These are all vital organs that need to remain healthy in order for our bodies to function properly. The effects of alcohol on these organs differ for each person due to the fact that we all have different bodies. Some can consume greater amounts of alcohol with little effects due to the size variation in our bodies. However, the one organ that I believe is affected the same amongst all people would be the brain. Once alcohol starts to effect regions of your brain, you will begin to experience numerous psychological and neurological issues. There are many different psychological and neurological effects that alcohol has on the brain, thus affecting the rest of your body. Anytime you voluntarily or involuntarily alter your psychological or neu rological state, you begin to change your feelings and emotions. Negative Feelings that manifest from alcohol use include nightmares, overwhelming fears, discontent, and restlessness, not to mention the internal damage that is being done during consumption. Personality changes are another component of alcohol abuse. Alcohol can make substantial personality changes that may not be recognized to the naked eye. Once a person is intoxicated, personality traits that can usually be noticed on a regular day-to-day basis have now changed and often take a turn for the worst when alcohol consumption is excessive. There have been many proven cases and studies conducted that yield the effects of alcohol and the results can be very detrimental to ones life. Amongst all of the side-effects associated with alcohol, depression is one of the most common and well known effects your mind and body may experience. Alcohol is considered to be a central nervous system depressant. As we have discussed before, the central nervous system, which consists of the brain, spinal cord and the retina, coordinates the activity of all parts of the body. When alcohol is consumed in large quantities and then circulates throughout the body, it diminishes or slows down the activity within the brain thus affecting the activity of the rest of the body. Regarding depression, alcohol has been shown to lower the level of norepinephrine and serotonin in the brain. These two chemicals give you your feeling of well being and they help you to feel normal. Without the appropriate amount of these chemicals, you will experience spells of depression. Tests have been conducted to show that after a long period of alcohol free drinking, many have shown improved depression score s. However, those that continue to drink may trigger even more feelings of depression, which in turn causes a person to drink even more, to suppress the feelings of the depression. This is a vicious cycle that could continue on until professional help is sought. Many people that drink alcohol feel that the alcohol will make all of their problems go away, but this is not true at all, if anything alcohol abuse eventually will make things worse in the long run. Not only are your problems still there, but now you also have an addiction to the alcohol and the depression you suffer from becomes more prominent and lasts longer than before. Anxiety is another disease that can sometimes be directly connected with alcohol abuse. When people consume large amounts of alcohol they have a tendency to become stressed from the impact of the alcohol, causing many situations that arise to become blown out of proportion. The long term effects that alcohol has on the nervous system and the problems that the body faces during the alcohol use can sometimes be life threatening. Many people feel that if they drink and just get a buzz off of the alcohol then its alright and no harm is done, but in actuality, the short term satisfaction that one receives from alcohol will give way to a series of stresses on your system that will manifest psychologically. People who abuse alcohol may become selfish or angry about their surroundings and just life in general. Aggression and mood swings are some of the more common traits that are also associated with alcohol abuse. These changes in behavior are brought on by the alcohols effect on serotonin levels in your body which can trigger a persons emotions to spiral out of control causing them to become irate or even combative at times. People who abuse alcohol have a disregard for others feelings and well being. As alcohol affects the body, the brains circuitry decreases as well as the thinking and reasoning process of the brain, which is a common side effect of alcohol abuse. Often times when people are intoxicated, they are willing to do or say anything without any recollection later on what was said or done. Their deductive and inductive reasoning becomes clouded by the alcohol. Those who drink large amounts of alcohol go through a number of denial issues just as you would expect in any other drug addict to go through. People who abuse alcohol will not even notice the fact that they are becoming more and more intoxicated on an everyday basis. Many people may not be able to see what their alcohol dependency is actually doing to them the way someone else can, but the reality of the matter is, it is a progressive illness that worsens over time. The longer a person drinks and the more alcohol that is consumed, the more pronounced the effects will be on their system (Wechsler et al., 1994). These psychological effects of alcohol and the effects it has on ones behavior can be felt over and over again, not just by the person consuming the alcohol but by their family and loved ones as well. There are hangovers felt the morning after and not to mention just the feeling of not knowing what you did after you became intoxicated. For this paper, I researched many experiments conducted which attempted to illustrate or prove the effects alcohol has on ones behavior. Each experiment differs in the research, but all serve the same purpose in the identification of the psychological and neurological effects alcohol has on a person thus effecting their behavior. In the research articles that were conducted, a comparison was completed between people who had been affected by alcoholism and people who had not. The reason for each experiment was to see if alcohol had any effect on an individuals behavior or not. In the first study which was conducted by Wright et. al, a test was conducted to see if adolescents of alcoholics who were college students differ from nonclinical college students on substance abuse, perceived social support, problem solving, and suicidal ideation. They concluded that there was no difference between the two groups.(Wright et. al, 1992). Another study that was conducted by Cooper et. al was give n to see if individual therapy in short-term groups would help to improve test scores (Cooper et. al, 1992). Members of the adolescents of alcoholics also known as ACAs support group and ACA college students were compared by Lashubeck et. al, to see if there was a difference in social support, psychological distress, and hardness among ACAs. From the comparison the study brought forth, it was predicted that there would be some differentiation (Lashubeck et. al, 1992). Also there was a research study conducted by Hall et. al, ACAs and traumatic experience also known as TE groups. They compared the ACA and TE groups to each other. They compared the ACA and the TE groups with a control group; the control group involved people who have sought professional help for their addiction. The study also concentrated on the differences in grade point averages (GPAs) and adults who had been exposed to traumatic events during their childhood (Wechsler et al., 1994). It was concluded that adults wi th childhood traumatic experiences were more likely to encounter difficulties during childhood as well as later in life. The study concluded that there was no difference between the GPAs and the hypothesis that was tested turned out to be true (Hall et.al, 1994). A study was done by Cornelius et.al, to show which of the two control groups had the higher drinking rate. This study was conducted in order to compare the parental drinking among adolescents and adults. The rates of binge drinking and heavy drinking were highest among the teenage group. When tested, adults had a significantly higher average on a daily basis of alcohol prior to pregnancy than adolescents, but the teenagers held the highest rate once they became pregnant (Cornelius et.al, 1994). Winokur et.al conducted a survey, of college students during their first and second year of college in order to observe the development of alcohol usage and their behavior in college. When the study was finished it suggested that eve ry college student who used alcohol during the first year continued to do so during their second year as well. The results suggested that heavy alcohol use is not a main behavior characteristic, but that it is learned in college (Winokur et.al, 1993). In each one of these articles, the researchers used a different variety of tests and surveys either to confirm or negate their hypothesis. The hypothesis that were given in the articles were all supportive to the research except the ones given by Cornelius et al., and Winokur et al. Based on the information given in these articles, alcohol will affect everyone who abuses it in some way shape or form. Another study was taken that, in my opinion, displayed two results. This study would illustrate the effects alcohol has on ones behavior regarding math and grammar, but also see if alcohol effects one type of group more then another. Rationale: Does having a bias opinion to alcohol have a greater or lesser effect on a students math and grammar skills. Hypothesis: One glass of alcohol will have a lesser effect on those students from families of alcoholic parents. (Cornelius et.al, 1994). Subjects: A total of 12 students participated in the experiment, including six students from families with parents who are alcoholics which were the dependent variable and six students not from families with parents who are considered to be alcoholics, and they are the independent variable. Method: Consent to participate was given to all students to sign. Materials that were used in the survey were administered individually to all students who participated. All students were interviewed individually in their dorm rooms. They were unaware of the groups that they were being placed in for the study. Students in this survey were given a glass of alcohol. They drank enough alcohol in order to blow a 0.01 on a reath Alizer machine for the beginning of this experiment. Students were administered a pre-test in grammar and mathematics. The mathematics test will consist of the four basic components of arithmetic which include addition, subtraction, multiplication and division, to assure that nothing else will be measured. The grammar test will consist of a sentence completion test. The verb in each sentence will be left out and the student must use the correct verb and present or past tense of the verb. Students then returned a week later to perform the same steps. (Drink enough alcohol in order to blow a 0.01 then take another math and grammar test. Result: The results of this study were analyzed by using the T-test. The scores were analyzed to see if having a predisposition to alcohol has a greater effect on ones mathematics was 95 and the mean score for non-alcoholic parents was 91.67. The data for the independent T test were T= -.21 (SD= 8783.3), with a standard error of 18.74, DF+10, and P*.o5 results were not significant. The number of students in each group was eight. For the participants who did not come from parents of alcoholic parents the means score for grammar was 80. The data from the Independent T test were T=0, with standard error 16.1 (SD= 6466.66), DF=10 and P*.05, results were not significant. Discussion: The hypothesis was not supported One glass of alcohol does not have a lesser effect on those students from families of alcoholic parents. A total of 12 students participated in the experiment, including six students from families with parents who were alcoholics and six students not from families with parents who were alcoholics. In researching this topic and reviewing the various experiments conducted, I found that it is somewhat difficult to predict the extent to which alcohol will have on a particular individual. However, one fact remains, that you can be sure that neurological and psychological effects are evident amongst people who drink alcohol. The amount of alcohol consumed and the consistency of consumption will determine the extent of the neurological and psychological effects. Sometimes the effects are not noticeable by just looking at a person outer appearance but a deeper look into a persons psychological state following a few drinks may tell a different story.

Sunday, October 13, 2019

Spiritual Maturity Essay -- Christianity

There are many blessings that God has so graciously given me to experience throughout the years, one of those blessings is parenthood. My wife and I have been blessed with four wonderful girls: Missy, Regina, Nancy, and Alice. My oldest daughter Missy, is now fifteen, and even though my wife and I have spent years rearing her for young adulthood†¦the truth is†¦I hate to see her grow up so fast. It seems like only yesterday I was going to school and eating lunch with her, but now we are having discussions about buying a car. Even though this is saddening to my heart, the reality is: there comes a time when kids must grow up. Christians are the same way. Once an individual accepts Jesus Christ as their Lord and Savior, the bible refers to them as â€Å"babes in Christ† (I Peter 2:2). Sure, an individual who accepts Christ could be thirty years of age, however, the bible teaches, even at thirty years of age the individual has become â€Å"born again† (I Peter 1:23); a birth has just taken place -- the spiritual birth of their souls. Therefore just as children must grow from infants into adults, likewise, the new Christian must grow from spiritual immaturity into spiritual maturity. As a child I loved ridding skateboards. I would climb the biggest hill I could only to race down it with everything in me. There was nothing like feeling the wind blow through my hair, and feeling my heart pounding in my neck because of the speeds I was reaching. I was young; I was living life on the edge. However, I was unaware of the dangers around me -- as I later found out. My family would always take an initiative to warn me about the risks of riding my skateboard without safety gear. I would listen long enough to end the conversation; put on the safety gea... ...all, to stand. Stand therefore, having your loins girt about with truth, and having on the breastplate of righteousness; And your feet shod with the preparation of the gospel of peace; Above all, taking the shield of faith, wherewith ye shall be able to quench all the fiery darts of the wicked. And take the helmet of salvation, and the sword of the Spirit, which is the word of God† (Ephesians 6:13-17). What is the armor of God? His Word. Thus far, we have discussed three reasons why spiritually immature Christians are at risk. Now let us turn or focus to discovering ways the Christian can grow into maturity, and develop a close relationship with God. Throughout the rest of this book you will discover the Building Blocks of Christianity: Ways to achieve spiritual maturity. With your bible open, a pen in hand, and a receptive spirit, let us begin the journey. Spiritual Maturity Essay -- Christianity There are many blessings that God has so graciously given me to experience throughout the years, one of those blessings is parenthood. My wife and I have been blessed with four wonderful girls: Missy, Regina, Nancy, and Alice. My oldest daughter Missy, is now fifteen, and even though my wife and I have spent years rearing her for young adulthood†¦the truth is†¦I hate to see her grow up so fast. It seems like only yesterday I was going to school and eating lunch with her, but now we are having discussions about buying a car. Even though this is saddening to my heart, the reality is: there comes a time when kids must grow up. Christians are the same way. Once an individual accepts Jesus Christ as their Lord and Savior, the bible refers to them as â€Å"babes in Christ† (I Peter 2:2). Sure, an individual who accepts Christ could be thirty years of age, however, the bible teaches, even at thirty years of age the individual has become â€Å"born again† (I Peter 1:23); a birth has just taken place -- the spiritual birth of their souls. Therefore just as children must grow from infants into adults, likewise, the new Christian must grow from spiritual immaturity into spiritual maturity. As a child I loved ridding skateboards. I would climb the biggest hill I could only to race down it with everything in me. There was nothing like feeling the wind blow through my hair, and feeling my heart pounding in my neck because of the speeds I was reaching. I was young; I was living life on the edge. However, I was unaware of the dangers around me -- as I later found out. My family would always take an initiative to warn me about the risks of riding my skateboard without safety gear. I would listen long enough to end the conversation; put on the safety gea... ...all, to stand. Stand therefore, having your loins girt about with truth, and having on the breastplate of righteousness; And your feet shod with the preparation of the gospel of peace; Above all, taking the shield of faith, wherewith ye shall be able to quench all the fiery darts of the wicked. And take the helmet of salvation, and the sword of the Spirit, which is the word of God† (Ephesians 6:13-17). What is the armor of God? His Word. Thus far, we have discussed three reasons why spiritually immature Christians are at risk. Now let us turn or focus to discovering ways the Christian can grow into maturity, and develop a close relationship with God. Throughout the rest of this book you will discover the Building Blocks of Christianity: Ways to achieve spiritual maturity. With your bible open, a pen in hand, and a receptive spirit, let us begin the journey.

Saturday, October 12, 2019

The Australian Exchange Rate :: essays research papers fc

The Australian Exchange Rate Introduction: What factors affect the demand and supply of Australian dollars in the foreign exchange markets? Distinguish between the possible causes and effects of currency depreciation and a currency appreciation on the Australian economy. What forces have come into play, if any, in the past four months that have affected the value of the Australian dollar? Exchange Rate: â€Å"The rate at which one unit of domestic currency is exchanged for a given amount of foreign currency† A BRIEF HISTORY OF THE AUSTRALIAN DOLLAR Until 1971, the Australian dollar (AUD) was â€Å"pegged† to the British pound. This meant that the AUD rose or fell in line with the pound. In 1971, the AUD became pegged to the US dollar instead. These currencies were fixed currencies, which meant that the Australian currency would only change value when a major world currency also changed. This system lasted only until 1974 when the AUD became pegged to a trade-weighted selection of other currencies. This was still a fixed currency. In 1976 this selection of currencies became moveable. Small shifts were able to take place when needed. In 1983 the AUD became a floating currency. This means that the value of the dollar is determined by supply and demand. Initially, the Reserve Bank of Australia was not intended to intervene in the market however since then it has been deemed necessary for intervention to take place, usually to prop up the price. FACTORS AFFECTING SUPPLY AND DEMAND OF AUSTRALIAN DOLLARS With a floating exchange rate, such as Australia’s, supply and demand factors largely determine the dollar’s equilibrium price. The exchange rate is sensitive to changes in both demand and supply, which can cause changes in the equilibrium exchange rate. Another factor, which can affect the supply and demand of Australian dollars, is intervention in the market by the Reserve Bank of Australia. DEMAND The demand for Australia’s currency in the foreign exchange market (Forex) is a derived demand. It is derived from the demand for a country’s exports of goods and services and its assets. In simple terms, people who may have a demand for the Australian dollar could include: _ Foreigners wanting to purchase Australian exports _ International tourists visiting Australia _ International investors wishing to purchase Australian shares or property _ International firms setting up branches or expanding in Australia _ Speculators and investors who think the value of the Australian dollar will rise in hope of making a profit.

Friday, October 11, 2019

Pregnancy and Mother Hood Essay

For my narrative/descriptive essay I chose to write about becoming a mother. There are positives and negatives about being a teenage mother but I choose to always look at the good. My son wasn’t planned but he isn’t a mistake either. I only have one child for the moment but from this experience I’m still debating on having more. This had been one long and challenging journey but it was all worth it in the end. Childbirth is a Powerful & Exciting experience all at the same time. The way I found out that I was expecting was a challenge alone. Once I noticed I was loosing an extensive amout of weight, confused and clueless I went to the doctor to get answers. While in the doctors office I had blood work done as well as a pregnancy test. The test came back negative as I expected being that I was on birth control. Ring Ring. About thirty minutes later, I received a phone call from the doctors office asking me to come back because my pregnancy test changed to positive. Once I get back to the doctors office, the nurse took a blood sample. Fifteen to thirty minutes passed and then my life changed. It was confirmed that I was two months pregnant. Young and scared, I’m now about to be a teenage mother. I just graduated and was trying to go off to college and within fifteen to thirty minutes that dream was taken away. The next seven months were challenging and educational. Over the next seven months, I was going to doctor appointments and gaining more and more weight. The time has now come to meet my beautiful baby boy. I was admitted to the Baptist Memorial Hospital at 5:00 a.m. on Febuary 14,2011. While at the hospital there is so much going on around you the you sometimes get side tracked on what’s really going on and go into a zone of your own. While laying there waiting to see what happens next there is the sound of the nurses feet constantly coming in and out your room along with visitors. Once the contractions start to come then the journey to motherhood begins. After dialating to about 7-8 centimeters I then have a choice of getting an epidural. (a drug used to numb your body from waist down). I had signed up for one but didn’t plan on using it. Once the epidural Is given then most or sometimes all the pain is gone. After I was at about five centimeters my labor stood still. I had the choice of an c-section or getting an epidual to speed the process up the process. I chose the epidural to keep from being left with a permanent scar. Now is time to start pushing and once I started the beeping of machines, sounds of voices, phones ringing, and all other activity around your is tuned out. All that matters to me now is delivering my healthy baby boy. Three long, entensive push and Bray’lon lamar jones enters the world. He arrived Febuary 25,2011 @ 7:44 weighting 6lbs and 6 ozs. During the whole journey through all ups and downs in the end it was all worth it because of my son.

Thursday, October 10, 2019

Current issue in government contract Essay

The issue is focus on the financial aspect in the company operations. The law is so strict enough in the budget allocated for any accounts which are voluntary. Below is the issue accordingly; auditing the company’s accounts on a voluntarily basis: â€Å"A request from the Secretary General of the Department of Finance to audit, the annual accounts of Campus and Stadium Ireland Development Ltd. I agreed to audit the company’s accounts on a voluntary basis pending the enactment of legislation to put the company and its operations on a statutory footing. The audit, which was completed in June 2001, covered a period from the date it commenced operations on December 10, 1999 to the end of the year 2000. Almost ? 2 million was allocated from the Department of the Taoiseach’s Vote to meet the costs of the company in the initial period. The committee will see from the accounts that something around ? 560,000 of that went to fitting out the offices which were rented in Blanchard town, ? 400,000 went to pay for executive services for the last four months of the year 2000 and ? 313,000 or so went on consultants’ fees (Purcell. http://www. irlgov. ie)†. Corporate governance arrangements, tendering for executive services, fee levels for executive services, credit card expenses and the tax status of the company. I can expand on the specific issues during the course of the examination if the committee so wishes. The main activities of the company during the period of the accounts were developing an architectural and environmental scheme for the company, devising the structure of a competition for the provision of the various facilities on the site and latterly organizing a competition for the provision. In my own opinion of the issue, I could rather say, if the provision issue provides the enhancement of the development of the company’s progress then it is so much advice able to adopt the audit more profoundly. Then continuous monitoring of the results of the issue to the point of view of the rest of the people concerned to either it resulted to a positive outcomes or not. If it has positive outcomes then it would be better to enhance such auditing issue just for the good of the company and all the concern as well. Other Issues â€Å" 1.) A person’s children or other lineal descendants such as grandchildren and great-grandchildren, it does not mean all heirs, but only the direct bloodline. Occasionally, there is a problem in determining whether a writer of a will or deed meant issue to include descendants beyond his or her immediate children. While a child or children are alive, issue refers only to them, but if they are deceased then it will apply to the next generation unless there is language in the document which shows it specifically does not apply to them. This issues looks unfair to the new generation to which no how on how comes they are a part of the problem for infact they just come in existing. 2) n. any matter of dispute in a legal controversy or lawsuit, very commonly used in such phrases as â€Å"the legal issues are,† â€Å"the factual issues are,† â€Å"this is an issue which the judge must decide,† or â€Å"please, counsel, let us know what issues you have agreed upon. † In these issues, as long as it is following the legalities it has to be abided. The judge is the one to promulgate laws that was agreed upon standards. So if it is in my case I don’t need to argue at all though it hurts to accept facts but facts must prevail. 3) v. to send out, promulgate, publish or make the original distribution, such as a corporation selling and distributing shares of stock to its initial investors. I will rather agree to this statement, this is for the reason of visibility to everybody of what was going on the promulgation. There should be participation to everybody’s concern. 4) n. the shares of stock or bonds of a corporation which have been sold and distributed (â€Å"Issue†. http://legal-dictionary. thefreedictionary. com)†. A Problem in Contracts Assurance contracts are a financial technology that facilitates the private creation of public goods and Club goods in the face of the free rider problem. The free rider problem is that there may be actions that would benefit a large group of people, but once the action is taken, there is no way to exclude those who did not pay for the action from the benefits. This leads to a game theoretic problem: all members of a group might be better off if an action was taken, and the members of the group contributed to the cost of the action, but many members of the group may make the perfectly rational decision to let others pay for it, then reap the benefits for free, possibly with the result that no action is taken. The result of this rational game play is lower utility for everyone. â€Å"Assurance contracts operate as follows: In a binding way, members of a group pledge to contribute to action an at least N-1 other members also make the same pledge. If N members sign the pledge (perhaps by a certain expiration date), the action is taken. If the quorum is not reached, the parties are not bound to carry through the action (â€Å"Assurance Contract†. http://en. wikipedia. org)†. â€Å"The binding mechanism may be a contract enforced by a government, a contract enforced by a private organization (e. g. a mediator, a protection agency in an anarcho-capitalist society, etc. ), an escrow organization (in such cases, the â€Å"binding contract† is â€Å"signed† by depositing funds in advance, which are later either disbursed according to the contract, or refunded), etc. Many economists argued that the central planning and bureaucratic directions are necessary to produce public goods. There is at least some types of public good can be produced privately by profit seeking entrepreneurs. A new and more powerful form of assurance contract and discusses, without making rigorous is called a dominant assurance contract. This was contracts that exhibit on the goods or product. There are two problems involved in the production of public goods, the preference revelation problem and the contribution problem. One focus we have for sure is on the contribution problem, how to get agents voluntarily contribute to providing the public good. This will limit the analysis of good, which naturally comes in lumpy quantities, or goods for which we can deduce into an efficient size. If a bridge or road or light house is to built we can probably estimate the efficient size from the information about preferences and technology (Tabarrok, Alexander. March 6, 1996. http://mason. gmu. edu)†. Under this issue we can include the government contracts which were brought to news for publicly seen. A recent decision by the Bankruptcy Court for the Eastern District of Virginia has potentially momentous consequences for bankrupt government contractors and their creditors. â€Å"That court, with jurisdiction over the Virginia suburbs of Washington, D. C. , the primary place of business for many government contractors, has held that the debtor/contractor filing for reorganization of the Bankruptcy Code is not automatically entitled to continue performing its federal contracts. Instead, the government can obtain permission from the bankruptcy court to immediately terminate such contracts (Government Contracts. 1999. http://www. hklaw. com)†. This decision may result in contractor being forced into liquidation proceedings, with little remaining for its creditors. In my own opinion it is inhuman to say getting all proceeding of the debtor on which nothing left for her living. This means that, the same saying killing the debtor for not paying all the debts. It’s too much contract not giving any pardon to debtor itself. If I were to judge I have to see to it that I can make adjustment prior to both the company and the debtor. There must be equal distribution. Government Contract Commitment to the client and the promise of innovative solutions is the core of Government Contracts Consultants. Government Contracts Consultants is organized as a small woman-owned, SBA certified HUB Zone company organized to meet the ever-growing needs of business by providing creative information technology, administrative and acquisition management support services and training to government and commercial clients. Our areas of expertise included. â€Å"M3 Federal Contract Practice Group, LLC. (M3) works on behalf of Prime contractors, Subcontractors, and International companies doing business with the U. S. Government. M3 is a highly recognized U. S. Government contract consultant firm comprised of subject matter experts that focus on and comprehend every element of the federal procurement field from business development, writing winning proposals, contract management, contract closeout, and claim resolution. M3 Federal is the only company within the federal procurement field that provides an all encompassing teaming solution for any company willing to get into the federal procurement field or that has been in the federal field and has complex procurement issues to resolve. M3 Federal Contract Practice Group specializes in all areas of government contracting and federal procurement including (â€Å"M3 Federal Contract†. http://www. m3federal. com): †¢ Contract Claims †¢ Preparation †¢ Submittal †¢ Resolution †¢ Audits †¢ Qui Tam Actions †¢ Fraud †¢ Bid Protests †¢ Proposal Development DoD Facility Clearances †¢ DoD Personnel Clearances †¢ Intellectual Property Rights †¢ Export Regulation & Compliance †¢ Commercial Contracts †¢ Joint Ventures/Teaming Agreements †¢ Contract Administration †¢ GSA Schedules This are all gives us the background of what covers the entire contract. The overview of this contact will focus on business. Business will be better off if it follows a standard to avail. Conclusion: We have dealt with five issues that differ in many ways. Issues has an act by the Government that goes beyond the terms of a Fixed Price Contract, Cost Type, Cost Plus Award Fee, Research & Development Contract, etc. or any contract termination that has a consequential ripple effect upon the entire contract and/or Contractor, impose a substantial risk to the Contractor and require immediate action by the Contractor to ensure no financial denigration to reputation. In the sense of Government contract it is legal and purposely design to make progress not only the company but also the people at large. It is properly impose so that everybody will understand the agreement agreed upon. But in the case of problem issues it is focusing more often to the people who have not agreed to to their previous contract or might be things they fail to do and the other parties tends to claim and will sewed the debtor for example. Also problems sometimes will come out to be in the case of agreement which was not abided. If I will to make sure that agreement should complied I have see to it , that my opponents could make a written not just verbal agreement to whom I can claim even if problem arise. Reference â€Å"Assurance Contract†. http://en. wikipedia. org/wiki/Assurance_contracts â€Å"Issue†. http://legal-dictionary. thefreedictionary. com/issue Government Contracts. 1999. http://www. hklaw. com/Publications/newsletters. asp? ID=70)† â€Å"M3 Federal Contract†. http://www. m3federal. com Purcell. http://www. irlgov. ie/committees-02/c-publicaccounts/020321/Page1. htm Tabarrok, Alexander. March 6, 1996. http://mason. gmu. edu/~atabarro/PrivateProvision. pdf Sovereign acts by the Government, such as dictating to the Contractor, orally or through un-priced or unsigned modifications are a manifestation that you are working to defective specifications and/or performing added scope work. If any of the following conditions apply to your contract, you may be experiencing lost funds and may be entitled to additional mo whether or not the end item meets contract requirements. Any change in this methodology, not covered by a modification, is a delay to the contract and in many cases is considered added scope work entitling the Contractor to be monetarily Contractor must be aware that a rejection, not supported by a specific contract citation is improper, and that a Contractor is not obligated to perform the work until a citation is given or a modification is made to the contract.

Wednesday, October 9, 2019

Dnata travel report Essay Example | Topics and Well Written Essays - 1250 words

Dnata travel report - Essay Example The insurance cover is one of the important tools in any business operation and is an indicator of concern regarding those who come in and out of the travel agency. Further, it involves activities such as transportation and cruise services, and involvement in sporting events. Finally, the services are for enhancing relations of numerous people coming in and out of the booking offices as well as hotels and field. Mission of Dnata Travel Agency Mission refers to the major activities that an established firm undertakes. The major operations of the Dnata traveling agency include offering holiday packages. This usiful as most of the travelers look forward to inquiring a place they can spend their holiday with their families. Dnata management staffs play the role of insuring the traveling agency runs on well with an increase in profits. Insurance covers are not only for an organization but also for those who visit the agency (Schwab et al, 2008). Insurance covers all staff members are nece ssary. Insuring of the agency denotes that there is compensation to all individuals (whether the staffs or travelers) in case of occurrence of the insured risk. This in itself is a way of attracting more travelers into the premises, as there is an assurance of consideration of their lives. Objective and vision of Dnata traveling agency Vision refers to what a particular organization or adpersons desires to do in future. It means a call for ability of individuals to advance the services initially offered, in a manner that the services will be more satisfying. Comparing with diverse changes in technology, services offered should be of high-tech and better when compared to services of other competing organizations. Dnata traveling agency looks forward to the establishment of and necessitating travelers to get use of online booking of tickets. Managerial staff of Dnata also moves ahead to improve accommodation services. In setting objectives, it is of essence to consider the questions w hat services to offer, who to offer the services, and who to access the services (Schwab et al, 2008). Pre-approach Before having access to the services provided by Dnata travel agency, individuals have to either register online or directly with the relevant offices. However, individuals may deliberately appear in person and inquire for relevant tickets to the agency. There are business meetings held to collect information about a certain subject discussed. Discussions are between travelers and top managerial agency staffs. The primary reason for the meeting is to determine the quality of services offered and strategies to improve the services (Schwab et al, 2008). Approach prospecting Potential customers of any organization are the individuals outside the organization who are ready to access the services and products provided in specific organizations. Dnata is the leading travel agency in the Middle East, specifically in Thailand and in amongst other worldly agencies, it appears t o be the fourth largest. To be part of the travelers is an indicator of ecstasy especially for those coming from far countries to take refuge on the agency. Through insurance services, the managing staffs of Dnata include several things such as compensation in case of cancellation of flights (Schwab et al, 2008). There is a follow up of departure, especially where the agency staffs fail to spot tickets of some several individuals. Dnata travel

Tuesday, October 8, 2019

Almarai food company Essay Example | Topics and Well Written Essays - 750 words

Almarai food company - Essay Example The entrepreneurs imported plants, cows and knowledge from other countries (The Council of Saudi Chambers of Commerce 3). The dairy industry has attracted a number of players but they are limited by widespread water shortage across the country. The major players in the industry include the Almarai Food Company which was established in 1976; Al safi Denone established in 1979; Nada dairy; Nadec and other smaller companies. The four organizations hold approximate market share of about 41.7%, 20.7%, 8% and 14% respectively (Pendleton 2). The companies started by producing plain lifelong milk but due to demand they have also included flavored lifelong milk. The government has over the years capped the growth of the dairy industry (Al-Otaibi and Robinson 2). This has made people to resort to the use of powdered milk made by Irish companies. There are very few players in the dairy industry in the Saudi Arabian market which makes structure of the industry to be oligopolistic (Al-Asfoor 1). This means that a slight change of the price by one player will have a big impact on competitors. Unlike it is elsewhere in the world where the outlets buy daily products from manufactures, outlet operators in Saudi Arabia do not buy but sell products for the manufacturers. The risk of excess stock is borne by the manufacturers. ... The government helps the producers to reach an agreement on shelf space in the outlets and prices both at wholesale and retail levels whenever there is a problem. The competition among the players in the Saudi Arabia dairy industry is mainly price. This is because there is less differentiation of their products (Al-Asfoor 2). Whenever one of the companies lowers the price for its products, customers are likely to abandon other products in its favor. This makes others also to lower their so as to compete favorably. This has made economic advisors to advice the companies in this industry to differentiate their products as a way of avoiding cutthroat price competition. The Saudi Arabian dairy industry has grown to be very competitive in the gulf region (Pendleton 1). Almarai Food Copany, the biggest food manufacturing company in the industry entered into collaboration with Pepsi Company. This has enabled it to conquer markets in the Gulf region, Africa, and the Far East. This has been p ossible due to its high quality goods which compete effectively with those produced by international industries (Pendleton 1). Currently, the dairy industry of Saudi Arabia is the leading in the gulf region. It supplies its products to five countries including Oman, Qatar, Kuwait, Bahrain and the United Arab Emirates. Table 1 shows the market shares of different milk brands in Saudi Arabia between 2007 and 2011. Table 1: Historic Market Shares Government intervention in this industry has been minimal. The government came in when the prices wars threatened to lead the industry to a state of collapse. It helped the competitors in the industry reach agreements to stabilize prices (Uthman 7). In some cases the

Monday, October 7, 2019

Project Plan For Access Control System In a Dormitory Case Study

Project Plan For Access Control System In a Dormitory - Case Study Example There are following five major tasks that are required for installation of the ACS. It is assumed that the college has all the technical, electrical and mechanical human resources required for this project. Furthermore, it is also assumed that the college has already accurately met all the requirements mentioned above (Cowling, 2008). Planning The first task is the project planning from the initiation to the closure. In this task, the subtasks include development of project plan (given below), resource plan, financial plan, and quality plan. Procurement The second task of the project is to procure all the abovementioned equipment. The subtasks of the procurement include development of Request for Proposals (RFP), publishing RFP, meetings for evaluation of technical and financial proposals received from different bidders. The RFP will contain all the equipment and application software required for installation of ACS; in response, bidders/suppliers will submit their proposals. In order to evaluate the proposals of the bidders, meeting will be held both internally and with all the bidders. Installation All the procured equipment will be installed in the premises of the hostel. The first subtask includes installation of the access control equipment and the performance of related electrical and mechanical work. The second subtask will be the installation of computer software and hardware and the establishment of Local Area Network (LAN).... It is assumed that the college has all the technical, electrical and mechanical human resources required for this project. Furthermore, it is also assumed that the college has already accurately met all the requirements mentioned above (Cowling, 2008). Planning The first task is the project planning from the initiation to the closure. In this task, the subtasks include development of project plan (given below), resource plan, financial plan, and quality plan. Procurement The second task of the project is to procure all the abovementioned equipment. The subtasks of the procurement include development of Request for Proposals (RFP), publishing RFP, meetings for evaluation of technical and financial proposals received from different bidders. The RFP will contain all the equipment and application software required for installation of ACS; in response, bidders/suppliers will submit their proposals. In order to evaluate the proposals of the bidders, meeting will be held both internally and with all the bidders. Installation All the procured equipment will be installed in the premises of the hostel. The first subtask includes installation of the access control equipment and the performance of related electrical and mechanical work. The second subtask will be the installation of computer software and hardware and the establishment of Local Area Network (LAN). A configuration plan will be developed in order to customize/integrate the software application (Visitor Management System) with already/existing deployed software systems in the hostel. In order to establish a LAN, a network diagram/structure will be developed, defining network topology, Internet Protocol scheme, and cabling standards. Testing A thorough testing will be performed through operational and