Wednesday, December 25, 2019

The Salem Witch Trials Era - 1004 Words

Three centuries ago authorities in and around Salem, Massachusetts engaged in a witch- hunt. Authorities during the Salem Witch Trials era were called upon to arrest or execute â€Å"witches† due to false accusations made by communities that were in argumentative ties, women who were seen as threats, and religious disagreements. Capturing nearly one hundred fifty perpetrators, charging twenty-eight of them, and nineteen were lynched publically. Community tension brought false accusations that caused targeting to an area, bringing violence and false prosecutions to the accused. Around Salem, Massachusetts there was farmland where many people owned livestock for basic needs like milk, eggs, meat, etc. One accusation was a man named Caleb Moody accused his neighbor Elizabeth Morse for the killing of his best swine that occurred sixteen years ago. He also stated that the swine had died from no natural causes implying that Mrs. Morse bewitched the hog. She waited trial in the Ipswich jail until she was transported to Boston to be tried by the Court of Assistants, which happened to be the colony’s highest judicial authority. Upon arrival Elizabeth was subjected to have a group of women examine her body for a physical growth that was cold or insensitive to a pain prick. These â€Å"test† were used to find proof that she was I work with the Devil. The women found teats in her privates. This evidence was brought to trial on May 20th along with two dozen more depositions fromShow MoreRelatedThe Salem Witch Trials And Mccarthyism1327 Words   |  6 Pagesthat history no longer matters because it is in the past, the Salem Witch Trials and McCarthyism are prime examples of how history constantly repeats itself and influence how we live today for the reason that both historic eras consist of the following: they have similar history, connect in significant ways, and include comparable situations and themes that are evident today effecting us on a daily bases whether or not we realize. Salem, Massachusetts was the home of a theocracy government systemRead MoreThe Salem Witch Trials And Mccarthyism1275 Words   |  6 Pagesthat history no longer matters because it is in the past, the Salem Witch Trials and McCarthyism are prime examples of how history constantly repeats itself and influence how we live today for the reason that both historic eras consist of the following: they have similar histories, connect in significant ways, and include comparable situations and themes that are evident today affecting us on a daily basis whether or not we realize. Salem, Massachusetts was the home of a theocratic government systemRead MoreThe Crucible And Salem Witch Trials Similarities790 Words   |  4 Pages2017 Salem Witch Trials and The McCarthy Era The United States of America is filled with many historic events, enriching its history. Many events that occur are compared to past events in our history. In particular, the McCarthy Era in the 1950’s was compared to the Salem Witch Trials which occurred in 1692. This correlation was first made by Arthur Miller who wrote the play â€Å"The Crucible†. He connected the time period of McCarthy to where there was a hunt for communists, to the Salem Witch TrialsRead MoreEssay about McCarthyism versus the Salem Witch Trials1198 Words   |  5 Pagescrimes so absurd that when put to trial, they name others of the same crime to redirect the focus from them to others like it happens in the actual day, every year, with minor cases. McCarthyism was one of those cases that changed history, likewise the Salem Witch Trials. McCarthyism had the same effect on people, people who were accused of communism blame others to lessen their penalty like in the Salem Witch Trials, so how th e Salem Witch Trials and the McCarthy Era can connects although the greatRead MoreSimilarities Between The Crucible And Salem Witch Trials1079 Words   |  5 Pages The Crucible is a play that explains the story the Salem Witch trials. Arthur Miller, is the author of this play. McCarthyism played a big role in the creation of The Crucible. Many differences and similarities were drawn between the play and the Red Scare. The horrors of history are passed on from generation to generation in hopes that they will never happen again. People look back on these times and are surprised at how terrible the times were. Yet, in the 1950s, history repeated itself. DuringRead MoreFear in Salem, Massachusetts and The Crucible Essay734 Words   |  3 Pages Terrorism, inequality, losing your home, or injustice? Salem, Massachusetts during the seventeenth century feared injustices among the government. Individuals hid and lied to keep safe from being condemned as witches. This era of history is known as the Salem Witch Trials. Arthur Miller’s The Crucible explores the Salem Witch Trials while following the lives of several individuals. The fear and mistrust among the seventeenth century Salem society can be directly related to today’s twenty-first centuryRead MoreThe Salem Witch Trials, Mccarthyism, And Today s Events With Isis860 Words   |  4 Pageshas a group that people oppress. The reason that there is always a group being persecuted is because nobody wants to be a part of the victimized group. The Salem Witch Trials, McCarthyism, and today’s events with ISIS are all similar because in all of these situations, people live in a state of fear and suspision. During the Salem Witch Trials, Francis Nurse started a petition to prove the innocence of his wife and other women. In court, Procter handed the paper to the judge and said, â€Å"Will you readRead MoreThe Crucible : Fictional Account Of The Salem Witch Trials1303 Words   |  6 PagesThe 1996 film The Crucible is a fictional account of the Salem witch trials. While there are many historical inaccuracies in the movie, it does capture some of the themes in scholarship on the period. The film presents the town of Salem in a similar way to how it is depicted in the textbook. The film gets the basic outline of the Salem witch trials right. A group of girls started a panic by accusing an enslaved woman and two other women of bewitching them. During the event more than 200 people wereRead MoreThe Mccarthy and the Salem Witch Hunts1100 Words   |  5 PagesThe McCarthy Era of the 1950s and the Salem Witch Trials of the 1600s were major events in American history that destroyed the lives and careers of many innocent victims. These tragic events were similar in that they demonstrated how hard times lead to societys need to find a scapegoat. They also show the shame and regret that take place after the bloodbaths occur. The parallels between these two events, which took place almost 300 years apart, are remarkable. However, the Salem WitchcraftRead MoreSalem Witches and Ergot of Rye Essay1055 Words   |  5 PagesSalem Witches and Ergot of Rye While researching texts written about the Salem Witch Trials, I found a few authors who published articles and books about the Salem Witch Trials. These authors often showed that the most likely cause of the fits coming from the victims was produced by ergot of rye. However, I could not find much discussion about another important source of the fits’ cause: witchcraft. My goal in this paper is to produce a convincing argument that the victims during the Salem Witch

Tuesday, December 17, 2019

The Epidemic Crisis Of Sex Trafficking - 1341 Words

Across the globe many countries’ governments are battling the epidemic crisis of sex trafficking. Sex trafficking can be defined as â€Å"a commercial sex act [that] is induced by force, fraud, or coercion, or in which the person induced to perform such act has not attained 18 years of age† (Laxalt 2012: 12). Although inhumane, many countries are taking part in the trafficking of people. This international trend has formed sex trafficking into â€Å"the second largest organized crime in the world† (Adler 2010: 357). Labor organizations estimate that there are â€Å"at least 2.4 million trafficked persons at any point in time† (ILO 2008: 1). With numbers like that, the ILO estimates that â€Å"annual profits generated from trafficking in human beings are as†¦show more content†¦When delving into Cambodia’s culture it is evident that its most pressing social problems is the trafficking of people in and out of the country. Though the governme nt has recognized this problem and addressed it in the constitution, serious enforcement has yet to take place. The Cambodian Constitution expressly prohibits trafficking, stating in Article 46(1); â€Å"commerce of human beings, exploitation by prostitution and obscenity which affect the reputation of women shall be prohibited† (Constitutional Assembly 1999: 10). Furthermore, Constitution states â€Å"the protection of women and children’s rights†¦to education†¦and protection against employment detrimental to their health and welfare† (Constitutional Assembly 1999: 11). With the stated commitments written within the Constitution it would seem human trafficking is of much importance. Unfortunately, for these women and children, the Constitution is â€Å"rarely used in courts on behalf of the victims† (Schwartz 2004: 416). The Constitution merely stands to be more of an aspiration than actually functioning. To back the statements written within t he Constitution, Cambodia has established laws providing penalties for trafficking offenders. The definition the law gives for Trafficking is anyone who â€Å"lures another person, male or female, minor

Sunday, December 8, 2019

Accounting Financial Analysis Report for Income Statement

Question: Discuss about theAccounting Financial Analysis Report for Income Statement. Answer: Introduction: Accounting financial analysis is a procedure of business which is done by the professionals to identify and evaluate the performance and the position of the company. It briefs about the financial performance of the company and this process suggests the management of the company to make few changes into its financial strategies or the performance to enhance the position of the company (Higgins, 2012). Accounting financial analysis is a common process which is done by the all the companies and financial analyst to evaluate the performance of the company and make a better decision on the basis of that. In the given case, crystal hotel private limiteds financial accounts have been evaluated. This company is operating its business in Sydney. The capacity and the revenue of the hotel have been evaluated and further the financial performance of the company has been identified which would assist the company to compare the performance with industry and make changes accordingly. Income statement comparative analysis: Income statement is one of the crucial final financial statements of an organization. It briefs about the total turnover, operating and non operating expenses, net profit, gross profit etc of the company. Income statement of crystal hotel private limited has been analyzed and it has been compared with the industry data to analyze the performance of the company (Titman and Martin, 2014). The income statement of the company briefs that the financial performance and the position of the company is quite competitive in the industry. The appendix table 1 briefs that the company should work on its total capacity. At this level, the company would be able to earn more profits. Further, it briefs that the current income statement of the company briefs about better position of the company. According to the case, the rooms revenue of the company should be 51% which is quite higher than the industry benchmark. Further, the FB revenue, halls revenue and other revenue of industry is 39%, 3% and 7% whereas the company revenue is 14.46%, 14.86% and 8.83%. It briefs that the level of rooms revenue and the functions are quite higher and it is required for the company to focus on food and beverages. In addition, cost of sales of the company has been evaluated and compared with the industry benchmark. On the basis of analysis, it has been found that the total cost of sales % of industry is 19% in 2015 which is quite lesser than the companys cost of sales. The companys cost of sales is 27.59% which briefs that the gross profit level of the comapny is lower and it is required for the company to manage the production cost (Madhura, 2011). Further, the personal cost, unallocated operating cost and total cost of the company has been evaluated. The total personnel cost of industry is 33% and the companys cost is 25.38% which briefs about better position of the company. In addition, unallocated operating cost of the company is 18.31% which is 15% in industry benchmark. It explains that the expenses of the company are quite higher (Appendix 2). The total cost and the net profit level of the industry is 68% and 32% respectively whereas the net income level of the company is 19.53% (Brown, 2012). It briefs that the financial position of the company is not that much strong and it is important for the management of the company to enhance the level of the revenues in comparison of expenses so that the net profit level could be enhanced. Ratio analysis: Ratio analysis is a financial analysis process which is conducted by the managers of the company and the financial analysts to evaluate the performance and the position of the company (Brooks, 2015). It briefs about the different positions of the company. Ratio analysis study of Crystal hotel briefs about the profitability level, solvency level, liquidity level and efficiency level of the company. Profitability ratio: Profitability ratio of the company briefs the gross profit level, net profit level, return on assets and return on equity level of the company. Gross profit margin of the company is 72.41% which is lower from 81% (industry benchmark ratio). Further, the level of net profit margin is quite higher and on the other hand, the return on assets and return on equity ratio of the company is also higher than the industry benchmark ratio (Gibson, 2011). It explains that the financial profitability position of the company is quite better and thus the company should maintain the same level. Solvency level: Solvency ratio of the company briefs the equity and debt position of the company to manage its capital structure and the cost and risk of the company. Debt to equity, debt ratio, equity ratio and interest coverage ratio has been evaluated. All these ratios brief the debt level of the company is quite lower from equity level and thus the cost of the company is quite lesser but on the other hand, risk level of the company is quite higher. It explains that the financial solvency position of the company is not good and it is suggested to the company to manage the optimal capital structure. Liquidity level: Liquidity ratio of the company briefs the position of the company to pay its short term current debt through current assets of the company. Current ratio and quick ratio of the company has been evaluated. Current ratio of the company is 1.86 which is lower from 3.2 (industry benchmark ratio). Further, the level of quick ratio is also lower than the industry ratio. It explains that the financial liquidity position of the company is not good and it is suggested to the company to enhance the level of current assets so that better liquidity position could be maintained (Brigham and Houston, 2012). Efficiency level: Efficiency ratio of the company briefs the position of the company to manage its long term debt as well as the working capital management. Inventory turnover ratio and accounts receivable turnover ratio of the company has been evaluated. Inventory turnover ratio of the company is 0.15 which is lower from 8.6 (industry benchmark ratio). Further, the level of accounts receivable collection period is quite higher than the industry ratio. It explains that the efficiency position of the company is not according to the industry so it is suggested to the company to manage the efficiency level. Industry specific benchmark: Further, the industrys performance has been compared with the companys performance on the basis of various other benchmarks such as the total price of the rooms, employees turnover and credit policies of the company. The total price of the rooms has been evaluated firstly and it has been found that the average price per room of the company is $ 148 whereas the industry is charging different rates on the basis of hotel ratings and other facilities. The total profitability position of the company on the basis of total price per room is quite different to the industry ratio. It briefs the company is managing the cost and revenue at different level (Brigham and Ehrhardt, 2013). Further, the employee turnover of the company has been evaluated and it has been recognized that the performance of the company is quite lower in terms of motivating and retaining the customers. The industrys employee turnover level is quite lower than the company and thus it becomes important for the company to look over the issue and resolve it at serious level (Brigham and Daves, 2012). In addition, the credit policy of the company has also been evaluated and t has been found that various issues are faced by the company due to its credit policies which are required to be changed. So, the performance and the position of the company could be better. These changes would assist the company to manage the better position in the industry as well as it would also assist the company to reduce the level of expenses and enhance the level of the cash inflows of the company. These changes would make the company more competitive. Conclusion: To conclude, crystal hotel private limiteds financial accounts are quite different to the final financial accounts of the industry. This company is using the different strategies to maintain the financial performance and the position. The capacity and the revenue of the hotel have been evaluated and further the financial performance of the company has been identified and it has been found that the financial performance of the company is required to be better in terms of solvency position and the liquidity position. Further, the company is also required to reduce the level of the undistributed operating cost and the personnel cost. References: Brigham, E. and Daves, P., 2012.Intermediate financial management. Nelson Education. Brigham, E.F. and Ehrhardt, M.C., 2013.Financial management: Theory practice. Cengage Learning. Brigham, E.F. and Houston, J.F., 2012.Fundamentals of financial management. Cengage Learning. Brooks, R., 2015.Financial management: core concepts. Pearson. Brown, R., 2012. Analysis of investments management of portfolios. Pearson Higher Ed. Gibson, C.H., 2011.Financial reporting and analysis. South-Western Cengage Learning. Higgins, R.C., 2012.Analysis for financial management. McGraw-Hill/Irwin. Madura, J., 2011.International financial management. Cengage Learning. Titman, S. and Martin, J.D., 2014.Valuation. Pearson Higher Ed.

Sunday, December 1, 2019

International Expansion Analysis TripAdvisor Case Study

Introduction In the last few decades, the world has witnessed increased integration of the global economy, which has resulted in new opportunities for economic, and income growth. One of the significant driving forces is globalization as characterized by the production of goods and services, linked, and synchronized on a global scale thus opening significant opportunities in all regions.Advertising We will write a custom essay sample on International Expansion Analysis: TripAdvisor Case Study specifically for you for only $16.05 $11/page Learn More Therefore, as a company that aspires to internationalize its business operations, TripAdvisor has been motivated to expand into foreign markets such as China and Germany due to the looming market opportunities. Furthermore, there are various factors including the size of the company, its leverage, market saturation, and the overall market conditions that have made TripAdvisor to globalize its business and oper ations to such foreign markets. In that respect, the purpose of this paper is to focus on the international expansion of TripAdvisor in countries like China and Germany. The paper analyzes the motivations for international expansion based three theories namely the product cycle theory, imperfect market theory and theory of comparative advantage. A risk analysis of the countries where TripAdvisor wants to expand its business operations is also carried out. Besides, an analysis of the possible financing sources for TripAdvisor expansion is performed and an estimate of the cost of capital for TripAdvisor expansion project to China offered in the report. International Expansion Analysis for the TripAdvisor In February 2000, Palka Tom, Shanny Nick, Steinert Langley, and Kaufer founded TripAdvisor Company. After the company started to generate some profits in the fiscal 2002, the management began to expand its business operations to the United States and other parts of the European market s. hese markets attracted the company due to several reasons: (1) the regions had very large customer base, (2) the local residents who had travelled considered themselves risk-takers, (3) the market was fragmented and (4) the potential customers could be identified with regions. Theory of comparative advantage In international trade, the comparative advantage theory appears to be amongst the most imperative concepts that can be used to analyze global business operations for a company like TripAdvisor. Given that TripAdvisor yearns to increase its profits, expanding its global operations to a country like China will help the company to minimize the cost of operations. First, China offers cheap labor or inexpensive raw materials that TripAdvisor can use to help it minimize the incurred expenses. Second, unlike other companies such as eBay and Yahoo that failed to prosper in these new markets, TripAdvisor is financially leveraged and can successfully set its presence in Chinese and Ge rmany.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Besides, the overall market condition in Italy, Spain, and France where TripAdvisor operates is saturated and the two countries offer ready markets for this company to take advantage of and dominate the world largest travel sites (Tallman, 2010). Given that Germany and China are tourism destinations, TripAdvisor core businesses including displaying restaurants, inns, breakfast and beds, as well as attractions founded on reviews generated from the users can possibly surpass those offered by rival corporations (Luo, 1999). Thus, since the market conditions in Europe are currently saturated and unfavorable while the market conditions in China and German are favorable, TripAdvisor has been motivated to seek international expansion into the later countries. Imperfect market theory Spain, France, and Italy are some of the markets where busine ss operations information is hardly divulged to all market participants due to the level of market competitions. However, despite the fact that online travel booking consumers in China are few, the general market conditions are favorable and market information is accessible to all market participants. In fact, acquiring information on market operations in Germany and China is inexpensive and this is an addition international expansion advantage for TripAdvisor Corporation (TripAdvisor, 2009). The online travel markets found in China and German are managed and regulated by responsible authorities hence the prices for the travel market services and goods are not controlled by a single or many sellers. The Chinese and German markets are leveraged and companies such as Monster, About.com, eBay, Yahoo, and Google could not thrive under the prevailing situations. Product cycle theory Most literature on international expansion strategies assert that corporations that aspire to go global mu st first establish themselves domestically prior to going international (Wald, 1999). This implies that, TripAdvisor Corporation has been serving the local markets for more than ten years. In fact, TripAdvisor Corporation has offered the online travel market services and goods to the locals since its introduction through to the growth stage, maturity stage, and the declining phase. Having been famous at the domestic level, TripAdvisor is obliged to expand its business and market operations to the overseas countries like China and Germany in order to accomplish its service provision demands in foreign markets (Harrison John, 2009).Advertising We will write a custom essay sample on International Expansion Analysis: TripAdvisor Case Study specifically for you for only $16.05 $11/page Learn More Thus, the need to start from service introduction through to the declining stage is amongst the motivations that drive TripAdvisor Company to seek for internationa l business and market expansion in these foreign lands. That is, TripAdvisor aspires to introduce its online travelling market services in areas where it presence has not been felt. TripAdvisor possible expansion in Germany and China Before expanding its business operations into countries such as Germany and China, TripAdvisor must put into consideration numerous risks factors prior to deciding the region that offers lucrative business opportunities. However, both countries present different business and market environments in terms of fluctuations in global currencies, political and economic instabilities, as well as cultural and religious influences (Kirsner, 2010). The overall fluctuation of German and Chinese currencies is a major factor that might affect the development of TripAdvisor into these market economies. Equated to other nations such as Japan, France, and Italy this situation might cause strain in revenues and operating incomes in both Germany and China. Moreover, ther e is political polarization in some Chinese market regions where TripAdvisor intends operate. In China, policies regarding minimum wages are observed strictly unlike in German environs and this is intended to shun infringing labor rights. Monetization is a general challenge in China in that only limited success is evident in all businesses listed in the recent stock exchange. However, policies relating to foreign business are accommodative in both Germany and China such that it is easy for TripAdvisor to operate smoothly with minimum risks (Harteveldt, 2009). Generally, German consumers get encouraged to consume TripAdvisor products as currencies are stronger and the rates of interest are low in Germany than in China. The political parties in both Germany and China are in the forefront to make sure that the business environment is stable. Even during the economic slump periods, TripAdvisor intends to charge reasonable prices on its products to its customers in both countries. Given that its services are locally as well as globally oriented, it is advantageous for TripAdvisor to work in all areas across China and Germany (Gupta Herman, 2011). In contrary, its services can best be expanded to Germany than in China given that inflation in Germany is lower than in China whilst income rates for both countries are high. Germany and China uphold societal status and strong cultural practices hence TripAdvisor in its bid to expand its operations in these regions is likely to encounter cultural challenges (Madura, 2011).Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More In fact, to suit the general population standards of living TripAdvisor will have to upgrade its services to suit the cultural needs of the Chinese and Germans. Unlike China, Germany offers odd and flexible working hours thus making clienteles to access TripAdvisor online travel market services anytime. Recommendation TripAdvisor Corp has been conducting its online travel business operations in different foreign markets. However, the market entry modes depend on the type and nature of the market environment where the company wants to initiate its online business operations (Hill Jones, 2007). Since there are entrenched firms offering almost similar online travel products and services such as text links, business listings, and display advertising in China, the Chinese market is very competitive. Thus, to avoid encountering market entry barriers, competition and business challenges, it is prudent that TripAdvisor Corporation should seek a strategic alliance or merge with one of the l eading domestic online travel and service-offering firms based in China (TripAdvisor, 2010). The strategy will help TripAdvisor to avoid incidences of price competitions, tariff and market entry barriers, as well as have access to the locally available cheap raw materials and labour.  TripAdvisor Company should employ some competent Chinese managers to help it run the corporation in the Chinese environment. This follows the fact that Chinese managers are well conversant with the demands of the Chinese products consumers and the level of market competition. Besides, the managers will assist the company to abide by the culturally sensitive issues as well as the business operation regulations in China (Rappaport, 1986). Finally, TripAdvisor should minimize its costs of operations through hiring the cheap locally available labor and offer online travel market services at reduced prices to capture a larger market segment. Analysis of the financing sources for TripAdvisor expansion In o rder to go global, some of the possible financing sources for TripAdvisor include debt, and equity financing. However, one major challenge companies like TripAdvisor face is the choice made regarding the capital structure (Hutchinson, 1995). However, TripAdvisor is set free by its financial management to choose amongst the many alternative capital structures. For instance, as a globally recognized company, TripAdvisor can either opt to issue large amounts of debts or even very little debt. Moreover, the company has the option of arranging for the lease financing, issue convertible bonds, sign forward contracts, trade in bond swaps or use warrants. It can as well issue dozens of discrete securities in myriad combinations (Pinkowitz, Rohan Rene, 2007). Based on capital structure theory that was developed by Modigliani and Miller, it is evident that the capital structure adopted by TripAdvisor will greatly influence its mutual profitability. Hence, it is essential to find the imperati ve factors, which influence this company’s choice of leverage. In most cases, TripAdvisor capital structure constitutes collateralized assets, which include assets, equity such as the hybrid capital, minority interest, subscribed capital, and reserves. Finally, the last groups within TripAdvisor capital structure are the financial liabilities (Graham Harvey, 2001). The global expansion funding for TripAdvisor venture will accrue from the owner’s equity investments available in form of loan (Titman Wessels, 1988). Capital for TripAdvisor expansion project to China WACC for TripAdvisor is the average cost that the company incurs derived from the investors’ capital and it incorporates a given combination of equity or debt (Fama French, 1998). Founded on the WACC principle, the capital costs always depict pre-tax costs for instance, costs incurred before investing and corporate taxes. To ensure that it operates efficiently, TripAdvisor should apply CAPM to monito r and further reduce its costs in its international expansion operations (Grossman Hart, 1982). TripAdvisor CAPM is given by rj=rf + ÃŽ ²j(rm-rf) where rj = required return on a security; rf = risk-free rate of return; ßj = beta coefficient for the security and rm = required return on the market portfolio. Taking ÃŽ ²j=1.93; rm=10% and rf=4%, rj= 0.04 + 1.93 (0.10-0.04) =0.16. The required return on market portfolio for TripAdvisor in the first fiscal year will be 16%. Conclusion The cost of capital determined using WACC principle corresponds to a similar tax level equivalent to the earnings underlying that are normally included in the returns on the invested capital (Gaver Gaver, 1993). From the computed WACC in the appendices, it is expected that the cost of capital for an international project will be higher than that of a domestic venture. This follows the fact that there are risks associated with international operations including volatility or high gearing which results i nto high earnings volatility (Gleason, Lynnette. Mathur, 2000). Thus, shareholders demand that the company achieve higher return targets for purposes of financial risks. Nevertheless, TripAdvisor Corporation gearing should utilize cheaper debt finance as well as trade-offs between riskier capital structure and cheaper finance. The cost of equity integrated into WACC reproduces the returns expected by the investors from TripAdvisor shares. Moreover, the costs of outside capital depend on the average borrowing cost of TripAdvisor (Booth et al., 2001). References Booth, L., Asili, D., Varouj, A. Maksimovic, V. (2001). Capital structure in developing countries. Journal of Finance, 56(4), 87-130. Fama, E. French, K. (1998). Taxes, financing decisions, and firm value. Journal of Finance, 53(1), 819-43. Gaver, J. Gaver, K. (1993). Additional evidence on the association between the investment opportunity set and corporate financing, dividend, and compensation policies, Journal of Accoun ting and Economics, 16(3), p.125-140. Gleason, K., Lynnette, K. Mathur, I. (2000). The interrelationship between culture, capital structure, and performance: evidence from European retailers. Journal of Business Research, 50(4), 185-91. Graham J. Harvey, C. (2001).The theory and practice of corporate finance: evidence from the field. Journal of Financial Economics, 60(2), 187-243. Grossman, S. Hart, O. (1982). Corporate financial structure and managerial incentives: The eco of information and uncertainty. Chicago, US: University of Chicago Press. Gupta, S. Herman, K. (2011). TripAdvisor. Harvard Business School Publishing. Boston, MA. Harrison, J. John, C. (2009). Foundations in strategic management. Boston, MA: Cengage Learning. Harteveldt, H. (2009). Why travellers contribute ratings, reviews and more online. Forester, September 10, 2009. Hill, C. Jones, G. (2007). Strategic management: An integrated approach. Boston, MA: Cengage Learning. Hutchinson, R. (1995). The capital structure and investment decisions of the small owner-managed firm: some explanatory issues. Small Business Economics, I7 (3), 231-9. Kirsner, S. (2010). Google acquires ITA software: The background briefing. Boston Globe, July 1, 2010. Luo, Y. (1999). Entry and cooperative strategies in international business expansion. Westport, Connecticut: Greenwood Publishing Group. Madura, J. (2011). International financial management. Mason, OH: Southwestern Cengage Learning. Pinkowitz, L., Rohan, W. Rene, M. (2007). Cash holdings, dividend policy, and corporate governance: a cross-country analysis. Journal of Applied Corporate Finance, 19(2), 81-87. Rappaport, A. (1986). Selecting strategies that create shareholder value. Harvard Business Review, 1(2), 140. Tallman, S. (2010). Global strategy. Hoboken, New Jersey: John Wiley Sons. Titman, S. Wessels, R. (1988). The Determinant of capital structure choice. Journal of Finance, 1(43), 1-19. TripAdvisor (2009). TripAdvisor expands in China wi th agreement to acquire Kuxun.cn. Press News, August 12, 2009. TripAdvisor (2010). Fake TripAdvisor reviewers to be named and shamed. Daily Nation, October 27, 2010. Wald, J. (1999). How firm characteristics affect capital structure: an international comparison. The Journal of Financial Research, 1(22), 161-187. This essay on International Expansion Analysis: TripAdvisor Case Study was written and submitted by user Isabell Wilkinson to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

Tuesday, November 26, 2019

Free Essays on Paradise Lost & Frankenstein

In the story Frankenstein and Milton’s epic Paradise Lost there are beings of enormous power. We often times give them the name gods. In Paradise Lost Milton’s god is the same God we all believe to be the one creator. The God who created Satan and booted him out of heaven. Through many a dark and dreary vale they passed, and many a region dolorous, o’er many a frozen, many a fiery alp, rocks, caves, lakes, fens, bogs, dens, and shades of death, a universe of death, which God by curse created evil, for evil only good, where all life dies, death lives, and Nature breeds, perverse, all monstrous, all prodigious things, abominable, inutterable, and worse than fables yet have feigned, or fear conceived, gorgons and Hydras, and Chimeras dire. (Milton lines 618-628) In Frankenstein, Dr. Frankenstein assumes the role of god and creates his own devil. Milton’s Satan had the idea of fun. He liked fun and fun got him kicked out of heaven. That’s when he got the idea that he would try his hardest to corrupt all of God’s creations. Satan does become successful as we read about Adam and Eve. He is able to tempt Eve with the fruit that in turn later gives it to Adam. Frankenstein created his own Satan, which later turned on him. His creation later basically corrupts his life by destroying it. Dr. Frankenstein becomes sorry for ever creating such a creature. Satan continues to fight against God. He seems to start off strong in his attempts to corrupt God’s creations. God always remains strong while Satan seems to wind down like a clock. What though the field be lost? All is not lost; the unconquerable will, and study of revenge, immortal hate, and courage never to submit or yield: and what else is not to be overcome? (Milton lines 105-109) Here Satan and his followers just get booted out of heaven for â€Å"shaking† God’s throne, and he sounds all fired up to go and make the best of the situation that appears hopele... Free Essays on Paradise Lost & Frankenstein Free Essays on Paradise Lost & Frankenstein In the story Frankenstein and Milton’s epic Paradise Lost there are beings of enormous power. We often times give them the name gods. In Paradise Lost Milton’s god is the same God we all believe to be the one creator. The God who created Satan and booted him out of heaven. Through many a dark and dreary vale they passed, and many a region dolorous, o’er many a frozen, many a fiery alp, rocks, caves, lakes, fens, bogs, dens, and shades of death, a universe of death, which God by curse created evil, for evil only good, where all life dies, death lives, and Nature breeds, perverse, all monstrous, all prodigious things, abominable, inutterable, and worse than fables yet have feigned, or fear conceived, gorgons and Hydras, and Chimeras dire. (Milton lines 618-628) In Frankenstein, Dr. Frankenstein assumes the role of god and creates his own devil. Milton’s Satan had the idea of fun. He liked fun and fun got him kicked out of heaven. That’s when he got the idea that he would try his hardest to corrupt all of God’s creations. Satan does become successful as we read about Adam and Eve. He is able to tempt Eve with the fruit that in turn later gives it to Adam. Frankenstein created his own Satan, which later turned on him. His creation later basically corrupts his life by destroying it. Dr. Frankenstein becomes sorry for ever creating such a creature. Satan continues to fight against God. He seems to start off strong in his attempts to corrupt God’s creations. God always remains strong while Satan seems to wind down like a clock. What though the field be lost? All is not lost; the unconquerable will, and study of revenge, immortal hate, and courage never to submit or yield: and what else is not to be overcome? (Milton lines 105-109) Here Satan and his followers just get booted out of heaven for â€Å"shaking† God’s throne, and he sounds all fired up to go and make the best of the situation that appears hopele...

Friday, November 22, 2019

Thanksgiving Thoughts About Expressing Gratitude

Thanksgiving Thoughts About Expressing Gratitude One of the most famous Aesops tales of gratitude is the Lion and Androcles. Androcles, a slave who was wandering in a forest, chanced upon an injured lion, which had a huge thorn stuck inside its paw. Androcles helped the lion by removing the thorn and gave the lion a new lease of life. Later, Androcles was captured, and thrown in a dungeon with a hungry lion. The lion rushed towards its victim, but it soon realized that Androcles was the same man who saved its life in the forest. The lion did not attack the slave. Instead, it licked his face like a pet dog and showered the slave with love. Thats a simple story of gratitude that we tell our kids to remind them about the importance of gratitude. Dietrich BonhoefferIn ordinary life we hardly realize that we receive a great deal more than we give, and that it is only with gratitude that life becomes rich.Gerald GoodIf you want to turn your life around, try thankfulness. It will change your life mightily. But how many of us truly remember to express gratitude? In the daily humdrum of life, you forget to thank the neighbor who keeps a watch on your kids when you need to be away at work. You forget to thank the teacher, who stays back after school to help you with your school projects. You fail to express gratitude to your parents, who have immensely contributed all through your life. And who remembers to thank the librarian, the banker, the plumber, or the garbage pickup truck driver? Gratitude should not be merely customary politeness. It should reflect a deep humility and love that we feel towards one another. Saying, thank you is just the beginning of expressing gratitude. To make gratitude go a long way, you should give back in any way possible. Just like the lion in the story. George CanningWhen our perils are past, shall our gratitude sleep?William C. SkeathThis is the finest measure of thanksgiving: a thankfulness that springs from love.W. T. PurkiserNot what we say about our blessings, but how we use them, is the true measure of our thanksgiving. Being thankful has many benefits. A thankful heart has no place for arrogance, resentment, jealousy, or anger. You will often find that people who express genuine gratitude have a pleasant and amiable personality. When you express gratitude, you make friends. When gratitude is accompanied by a generous word of praise or two, relationships thrive. Also, a grateful person can hope to gain more favors in the future from his generous friends. Basil CarpenterThank God every day when you get up that you have something to do that day which must be done whether you like it or not. Being forced to work and forced to do your best will breed in you temperance and self-control, diligence and strength of will, cheerfulness and content, and a hundred virtues which the idle will never know.Noel SmithGratitude is not a spiritual or moral dessert which we may take or push away according to the whims of the moment, and in either case without material consequences. Gratitude is the very bread and meat of spiritual and moral health, individually and collectively. What was the seed of disintegration that corrupted the heart of the ancient world beyond the point of divine remedy...? What was it but ingratitude? The story of gratitude in Aesops fable about the lion and the slave is a moral lesson where kindness and generosity triumphs. Even today, when the world is plagued by natural calamities people rise above these challenges with kindness. Teach your kids the importance of gratitude with these Thanksgiving thoughts. Sow the seed of gratitude in their heart early in life, so that they can grow up to be humble and appreciative human beings. Charles Haddon SpurgeonYou say, If I had a little more, I should be very satisfied. You make a mistake. If you are not content with what you have, you would not be satisfied if it were doubled.Henry ClayCourtesies of a small and trivial character are the ones which strike deepest in the grateful and appreciating heart.

Thursday, November 21, 2019

Black & Decker - Eastern Hemisphere and ADP Initiative Case Study

Black & Decker - Eastern Hemisphere and ADP Initiative - Case Study Example Also, they faced certain challenges in these regions. Bill Lancaster, after his appointment as President in October 1995, wanted to set things right in his region i.e. Eastern Hemisphere. Bill Lancaster had certain concerns with relation to the Eastern Hemisphere organization and wanted to acquire a clear understanding of the scenario by discussing and seeking views of the existing employees and members of the Management Advisory Council (MAC). His prime concern was the fact that he found significant disparity in the ‘management styles’ that existed in the region. He found that certain managerial styles emphasized on employee empowerment whereas, others belonged to old authoritarian method. From his observation he felt that a few managers were bad managers. The other aspect was related to the growth and development of the people as he felt that in this region quite a few people were stagnant in their position. The other crucial matter of concern was with regards to exist ing process of management assessment as well as development system. They followed MBO-type system which had been discarded in the US a few years before. Bill Lancaster observed that these concerns required immediate addressing in order to not only increase the organizational growth in the Eastern Hemisphere organization but also to instigate human resource growth and development. ... ADP method of appraisal was observed to be one of the best tools available to provide employees with set goals and career plans similar to MBO process. The added benefit that ADP provided was that it was undeniably superior to MBO in guiding people towards growth prospects. The ADP plan followed six steps appraisal process which was in line with the 3600 appraisal method. This plan worked as immense aid for a manager as they were provided with the feedback about a subordinate who was reviewed by his peers and also by himself. It helped to reduce the burden of evaluation of an employee by a manager and also it provided a varied perspective towards an employee which in the long run helped in building leaders for the future which was greatly required in the Eastern Hemisphere organization. Thus, ADP had undoubted potential to develop people which was a major weakness in the organization. 2) What Concerns Do Asian Managers Have About ADP? How Substantive Are These Concerns? In the US, th ere was certain skepticism with ADP. The concerns were regarding its acceptability among the employees other than the senior level. It was also thought that the 3600 feedback process will give rise to biasness as popularity of an employee with the managers of would play a major role in getting a good review. The enormities of the process of collecting as well as processing of the feedback were also a major concern. The process was also thought to be devoid of providing any reward for a job done well by an employee. These concerns that were quite substantial in the US were seen to be raised in some form or the other among the Asian managers. The concerns among the Asian managers were that Asian people were generally thought to be averse from criticism

Tuesday, November 19, 2019

Aspects of Entrepreneurship as a Future Career Essay

Aspects of Entrepreneurship as a Future Career - Essay Example In this paper, the main focus will be to confirm the contemporary aspects of entrepreneurship and relate how they can apply to me as a future entrepreneur. An entrepreneur is usually a self-employed individual, hence enjoys enormous independence. The independence enjoyed by an entrepreneur is usually experienced as they launch ventures. Entrepreneurs have the flexibility and ability to multitask (Bharadwaj 1). Given their strong sense of responsibility, entrepreneurs can handle and deal with the basic requirements of starting up businesses on their own. Here, their independence may allow them not to seek professional assistance, which many opt for, and as required by the prerequisites, especially when it is a company involved. Entrepreneurs exercise their independence right from the point of being cognizant of the opportunity, resource gathering, network creation or building, goal setting as well as strategies implementation. An entrepreneur is highly reliant, and this helps them to avoid many of the business odds that come during its early stages. As an independent individual, entrepreneurs are jacks-of–all trades, making them single-handedly able to bring up a business from a scratch to operation. Research shows that many entrepreneurs record higher and significant job satisfaction than those in the wage employment (Naude 1). Such entrepreneurs usually receive satisfaction from for being self-employed as they have total control over their venture and its resources.

Sunday, November 17, 2019

Army Regulation Essay Example for Free

Army Regulation Essay Chain of command a. The chain of command assists commanders at all levels to achieve their primary function of accomplishing the unit’s assigned mission while caring for personnel and property in their charge. A simple and direct chain of command facilitates the transmittal of orders from the highest to the lowest levels in a minimum of time and with the least chance of misinterpretation. The command channel extends upward in the same manner for matters requiring official communication from subordinate to senior. b. Commanders are responsible for everything their command does or fails to do. However, commanders subdivide responsibility and authority and assign portions of both to various subordinate commanders and staff members. In this way, a proper degree of responsibility becomes inherent in each command echelon. Commanders delegate sufficient authority to Soldiers in the chain of command to accomplish their assigned duties, and commanders may hold these Soldiers responsible for their actions. Commanders who assign responsibility and authority to their subordinates still retain the overall responsibility for the actions of their commands. c. Proper use of the chain of command is vital to the overall effectiveness of the Army. Commanders must acquaint all their Soldiers with its existence and proper function. Effective communication between senior and subordinate Soldiers within the chain of command is crucial to the proper functioning of all units. Therefore, Soldiers will use the chain of command when communicating issues and problems to their leaders and commanders. Open door policies Commanders will establish an open door policy within their commands. Soldiers are responsible to ensure that the commander is made aware of problems that affect discipline, morale, and mission effectiveness; and an open door policy allows members of the command to present facts, concerns, and problems of a personal or professional nature or other issues that the Soldier has been unable to resolve. The timing, conduct, and specific procedures of the open door policy are determined by the commander. He or she is responsible for ensuring that Soldiers are aware of the command’s open door policy. Performance counseling Commanders will ensure that all members of their command receive timely performance counseling. Effective performance counseling of officers, noncommissioned officers (NCO), enlisted Soldiers, and DA civilian employees helps to ensure that they are prepared to carry out their duties efficiently and accomplish the mission. AR 623–3 and AR 690–400 contain counseling requirements in conjunction with the evaluation reporting systems. Unit commanders will determine the timing and specific methods used to provide guidance and direction through counseling. FM 6–22 provides advice and makes suggestions concerning effective counseling. Providing regular and effective performance counseling to all Soldiers, not just those whose performance fails to meet unit standards, is a command function. All commanders will ensure that their subordinate commanders have implemented and are maintaining an effective performance counseling program. Staff or technical channels Staff or technical channels may be used for sending reports, information, or instructions not involving variations from command policy and directives. Command of installations, activities, and units a. Responsibility. The senior regularly assigned United States Army officer present for duty normally has responsibility for the command of units, platoon level and above, except as shown in paragraphs 2–8a, 2–15, and 2–16. b. Command of installations. Command of Army installations is subject to policies, procedures, and regulations promulgated by HQDA. (1) Command of Army installations is exercised by a senior commander (SC). The SC is designated by senior Army leadership. The SC’s command authority over the installation derives from the Chief of Staff, Army (CSA) and Secretary of the Army’s (SA) authority over installations. This is a direct delegation of command authority for the installation to the SC. The SC’s command authority includes all authorities inherent in command including the authority to ensure the maintenance of good order and discipline for the  installation. (2) Army installations are identified in one of two categories as follows: (a) Installations managed by Installation Management Command (IMCOM). Installations that are managed by IMCOM are discussed in paragraph b(4)(e), below. (b) Installations not managed by IMCOM. Installations that are not managed by IMCOM are discussed in paragraph 2–5b(4)(f), below. (3) Joint bases. Army installations designated for management under Department of Defense (DOD) Joint Basing 6 AR 600–20 †¢ 18 March 2008  Guidance shall be operated in full compliance with DOD requirements. In the event of a discrepancy between this regulation and the DOD policies or procedures for Joint basing, the DOD policies or procedures take precedence. (4) Roles and responsibilities. (a) Senior commander. The SC is normally the senior general officer at the installation. The SC’s mission is the care of Soldiers, Families, and Civilians, and to enable unit readiness. While the delegation of senior command authority is direct from HQDA, the SC will routinely resolve installation issues with IMCOM and, as needed, the associated ACOM, Army service component command (ASCC), or direct reporting unit (DRU). The SC uses the garrison as the primary organization to provide services and resources to customers in support of accomplishing this mission. All applicable commands support the SC in the execution of SC responsibilities; therefore, the SC is the supported commander by the IMCOM region director (RD), the garrison and tenants. The SC— 1. Normally is a dual-hatted position. When this occurs the commander exercises discrete authorities as the SC and as a mission commander. The SC responsibilities and authorities are installation focused; the responsibilities and authorities as the mission commander are mission focused. 2. Can, in rare cases, be an HQDA-appointed civilian versus a uniformed SC, who will assume the SC roles and responsibilities with the exception of UCMJ and command authority. In these instances, the individual will be referred to as the senior manager. Prior to the appointment of the senior manager, command and UCMJ authorities for the installation will be specified. 3. Is responsible for synchronizing and integrating Army priorities and initiatives at the installation. On IMCOM managed installations there is a requirement for a strong collaborative relationship between the SC and the IMCOM RD. The SC commands the installation but funding of almost all installation activities flows through the RD. 4. Assumes the duties and responsibilities of the installation commander where that title is mentioned in U.S. Code or DOD or Army policies and regulations. 5. Assumes the duties and responsibilities of the senior mission commander where that title is mentioned in Army regulations except for regulations involving operational duties and responsibilities. Mission commanders will retain operational duties and responsibilities. 6. Unless prohibited by law or regulation, the SC may delegate, as necessary, assigned duties and responsibilities to the garrison commander (GC). Such delegation shall be made in writing and specifically state the duties and responsibilities so delegated and the termination date of the delegation. 7. Establishes installation priorities among all resident and supported units. 8. Prioritizes base operations support consistent with HQDA priorities and approved common levels of support (CLS) bands. 9. Oversees the CLS services and capabilities provided to customers. Ensuring that those services are provided within the HQDA guidance, designated priorities, and approved CLS bands and coordinates with the IMCOM RD to change HQDA approved CLS from green, amber, or red. 10. Approves and submits the installation master plan consistent with HQDA long-range plans and goals through the ACOMS, ASCCs or DRUs, and IMCOM. For IMCOM installations the SC collaborates with the IMCOM RD before the SC submits the installation master plan. 11. Approves the military construction, Army (MCA) and military construction, Army Reserve (MCAR) project priority list at the installation level. For IMCOM installations the SC collaborates with the IMCOM RD before the SC  approves the MCA and MCAR project priority list for the installation. The U.S. Army Corps of Engineers executes MCA/MCAR projects for the Army. 12. Reviews and approves the prioritization of Family and installation programs. For IMCOM installations the SC collaborates with the IMCOM RD before the SC approves Family and installation programs for the installation. 13. Installation force protection (FP) is as follows: (a) continental United States (CONUS) SC: as directed by U.S. Army North (USARNORTH) and in coordination with the installation management headquarters (IMCOM and Non- IMCOM), oversees FP on the installation; (b) outside continental United States (OCONUS) SC: in coordination with the ASCC and IMCOM is responsible for FP oversight on the installation. 14. Is normally designated as a General Court-Martial Convening Authority (GCMCA). The GCMCA orders will specify the appellate and review channels for SC GCMCA actions. 15. The appellate and review authority for administrative actions taken by the SC pertaining to individual Soldiers and DA Civilians will flow through ACOM, ASCC, or DRU channels unless otherwise specified in Army regulations. The terms next superior authority, next higher authority, next higher commander, and next higher headquarters as used in other Army regulations, mean ACOM, ASCC, or DRU commander or headquarters. 16. Serves as the senior Army representative to the surrounding community. 17. Senior rates the GC. (b) Garrison commander. The GC is a military officer, lieutenant colonel or colonel, selected by HQDA. The GC commands the garrison, is the SC’s senior executive for installation activities, is rated by the IMCOM RD, and is senior rated by the SC. The GC is responsible for day-to-day operation and management of installations and base support services. The GC ensures that installation services and capabilities are provided in accordance with HQDA AR 600–20 †¢ 18 March 2008 7  directed programs, SC guidance, CLS, and IMCOM guidance. The GC provides additional service support in accordance with HQDA directives and provides reimbursable services in accordance with memorandum of understanding or agreement (MOU/MOA). The GC is responsible to deliver Family and  installation programs, coordinates and integrates the delivery of support from other service providers, and obtains SC approval of the installation master plan. The GC may be appointed as a Summary Courts-Martial Convening Authority or the Special Courts-Martial convening authority for the installation and its support area; in rare cases the GC may be appointed as GCMCA. In some cases, the senior official on an installation may be the garrison manager. A garrison manager (the civilian equivalent of a GC has the same responsibility and authority as the military counterpart with the exception of UCMJ and command authority. Prior to the appointment of the garrison manager, command and UCMJ authorities for the garrison will be specified. The GC responsibilities are— 1. Represents the Army and the installation in the surrounding community as directed by the SC. 2. Approves and issues garrison policies in accordance with respective Army regulations, or installation level policies involving tenant units as directed by the SC. 3. Approves and issues policies for IMCOM civilian workforce. 4. Develops and implements the Force Protection Program. 5. Supports mobilization station requirements. (c) The ACOM, ASCC, or DRU on IMCOM managed installations. 1. Provide to IMCOM a prioritized list of MCA/MCAR projects and requirements that impact subordinate units to support the development of the military construction (MILCON) program and the program objective memorandum. 2. Provide IMCOM with subordinate mission priority requirements for MILCON and base operations. 3. Identify to IMCOM, through the CLS process and other requirements development processes, the required levels of garrison support needed to meet mission requirements. Also, identify to IMCOM any support requirements not included in CLS services. Collaborate with IMCOM in developing garrison support requirements that are applicable to all garrisons. 4. Evaluate the effectiveness of installation services and support and participate in the prioritization of these services and support. 5. Responsible for mobilization of subordinates as specified in AR 10–87. 6. Provide prioritization requirements for information technology and training enabler support to IMCOM. 7. Responsibilities for FP are: (a) OCONUS: The Geographic Combatant commander exercises Combatant Command (Command Authority) (COCOM) authority over all aspects of FP in the AOR and delegates authority for FP as deemed appropriate and necessary. This includes all aspects of FP on Army installations without exception; (b) CONUS: Commander, USNORTHCOM has tactical control (for FP) over all DOD personnel and assets in the AOR. USARNORTH is designated as USNORTHCOM’s ASCC; the authority to execute the FP mission in CONUS is delegated from Commander, USNORTHCOM; (1) USARNORTH has direct command and control authority over commands when executing FP responsibilities for installations/facilities (FP reporting commands/SCs when executing FP responsibilities for installations/facilities); (2) USARNORTH has a supported/supporting relationship with commands not executing responsibilities for installations/facilities (FP supporting commands). (d) Assistant Chief of Staff for Installation Management. The ACSIM is the proponent for all Army installations and in this capacity is responsible for installation policy development and implementation Armywide. The ACSIM does not exercise command authority over Army installations. 1. The ACSIM ensures that real property accountability and reporting is implemented at all installations (see AR 405–45). 2. The ACSIM manages HQDA level MILCON in accordance with HQDA priorities and guidance. 3. The ACSIM is the proponent for environmental policy Armywide. (e) Installation Management Command. The ACSIM is dual-hatted as the Commander of IMCOM. IMCOM is a DRU reporting to the ACSIM as described in AR 10–87. IMCOM manages Army installations assigned to it. IMCOM executes installation readiness missions, provides equitable services and facilities, optimizes resources, sustains the environment, and enhances the well-being of the military community. IMCOM is accountable for the efficient delivery of installation services and support. The IMCOM is responsive to ACOMs, ASCCs, and DRUs through a supporting to supported relationship. 1. IMCOM commands the garrisons assigned to it. 2. IMCOM and its subordinate organizations are supporting commands to the SC  on IMCOM installations. There is a requirement for a strong collaborative relationship between the SC and the IMCOM RD. The SC commands the installation but funding of almost all installation activities flows through the RD. 3. The relationship between IMCOM and the commands of tenant organizations is analogous to the supporting to supported† command relationship described in Joint Doctrine. 4. The IMCOM RD rates the GC. 5. IMCOM ensures compliance with HQDA directed programs and CLS bands. IMCOM staffs and coordinates with 8 AR 600–20 †¢ 18 March 2008  HQDA funding requests for garrison support requirements identified by ACOM, ASCC, or DRUs that are not included in CLS services. 6. There is a difference between command relationship in CONUS and OCONUS for IMCOM installations. These relationships are depicted in figure 2–1..

Thursday, November 14, 2019

Free Essays: Literary Sources of Frankenstein :: Frankenstein essays

Literary Sources of Frankenstein Frankenstein is considered to be the greatest Gothic Romantic Novel. It is also generally thought of as the first science fiction novel. I have always been impressed and amazed by the fact that Mary wrote this novel when she was eighteen years old. What experiences and powers of imagination led to such an innovative and disturbing work? The idea for the novel arose in the summer of 1816 when Mary Shelley was staying at Lord Byron's villa in Geneva Switzerland. Not only did Mary incorporate experiences from that summer into her novel, she also utilized the sources that she had been reading and studying. Two in particular were the Metamorphoses by Ovid and Paradise Lost by Milton. It is believed that Mary studied Ovid in April and May of 1815. The major element that Ovid supplied to the theme of Frankenstein, was his presentation of the Prometheus legend. This is acknowledged in the subtitle: Frankenstein, Or the Modern Prometheus. The creation of the monster is similar to this passage from Ovid: Whether with particles of heav'nly fire, The God of Nature did his soul inspire; Or earth, but new divided from the sky, And, pliant, still retain'd th'ethereal energy; Which wise Prometheus temper'd into paste, And, mix't with living streams, the godlike image cast... From such rude principles our form began; And earth was metamorphos'd into man. Lines from Frankenstein that reflect the above passage are; "I collected the instruments of life around me, that I might infuse a spark of being into the lifeless thing that lay at my feet." (p.51) "...that I may extinguish the spark which I so negligently bestowed." (Frankenstein p.101) The second important literary influence was Paradise Lost by Milton. ( If you have not read this, it is really worth the time. It is difficult, but is well worth the effort. I find that it is helpful to have a copy of Bullfinch's Mythology when reading it. Almost all of Milton's mythological references are explained in Bullfinch.) The influence of Milton's Paradise Lost can be seen directly from the epigraph of the 1818 edition of Frankenstein. "Did I request thee, Maker from my clay to mould me man? Did I solicit thee, from darkness to promote me?" The spirit of Paradise Lost permeates Frankenstein throughout the novel.

Tuesday, November 12, 2019

The policy and implications of the British Government’s

The Olympic spirit is undoubtedly the most universal celebration of global unity ever achieved and the continuation of the same will always be an integral part of international cooperation and globalization. In this regard it is an honor for any city in this world to host the Olympic Games since doing so bestows several opportunities for such a city and its dwellers. The Olympic movement has had to involve in many ways depending on its leadership in a bid to make it more integral, independent and reach a wider audience than before (Constantine, 2000).This changes has necessitate the need to adopt modern and innovative practices to the organization and running of Olympic affairs in order to cater for the monetary and logistical obligations of the management committees and to be able to organize superior games n broadcast them to a world audience. The IOC presidency of Samarech saw the international committee acquire rights to sell broadcasting rights to media companies in a bid to mak e the IOC financially independent. Furthermore, they developed an Olympic brand that could be sold to companies who would use it as an exclusive tool to market their products.This brand becomes one of the biggest revenue earners for the Olympic committee since acquiring the rights to use the brand is an extremely expensive affair. The IOC is responsible for choosing the host city for the Olympic Games and therefore enjoys immense power since an interested city has to convince the committee that it is capable of hosting the games and upholding the standards that are vital for the success of the mammoth games. These have led to unethical conduct of some bidding committees who have tried to influence the award of this honor by offering bribes to committee members.The idea of having the Olympic Games held in the U K is not new. Several bids have been put forward in past years by the city of Birmingham and Manchester without much success since the Olympic committee saw it as a lack of co mmitment on the U K authorities and interpreted their bids as not being serious enough. However, there has been a change of attitude amidst various stake holders who have been seeking an avenue of effecting a growth in elite sportsmanship by ensuring that elite English athletes are given forums to compete and excel and consequently earn U K respect in the sports arena.Some concern has existed in the inability of the U K to be among the very top medal earners in the Olympic Games and efforts have picked up momentum to correct this deficit. It was therefore clear that drastic measures will have to be taken in order to draw the necessary attention which hopefully would translate to more attention on sports funding and a significant progress in the success of U K athletes (Gibson & Booth, 2009)The momentum to host the Olympic 2012 games was not easy to build due to a lack of commitment on the part of the central government. There were questions as to the viability of London to host the games due to several factors that many saw as a stumbling block to the success of the games. However, there was general consensus among the various ranks of private groups in all sectors that the competitiveness of London as one of the major and important cities in world arena was under threat by emerging powers.Others felt that the U K governments have continuously failed to give priorities to games in a nation plagued by obesity and idle youths. Therefore, several groups of people and the media played a significant role in forcing the government to concede to be the guarantor against the total cost of hosting the games. On July 6 2005 the president of the Olympic committee announced that the 2012 games would be hosted by London acting as the climax of a process that had taken over 7 years to become reality (B O A, 2009).The bid committee popularly known as the BOA initiated in the early days a massive PR campaign that sought to gain the approval of the government and fuel public s upport for the bid in the hope that doing so would give them the necessary edge to beat the other competitors. The team used a strategy of persuading all involved of the diverse benefits that were to be reaped following the success of the beads among them public exposure, improved transportation, employment and housing improvements.The success of the commonwealth games in Manchester acted as a booster for the team since it showed the commitment and ability of the country to host large games events. And thus the effort of this committee, the government and several other contributors led to the successful biding and the process of building the necessary facilities to host the games is underway. Hosting the Olympic Games poses serious challenges to any country due to the great infrastructural and logistical needs of the project.The games are expected to cost nearly 9 billion pounds for the building of the Olympic village and the upgrading of other vital sectors including upgrading of e xisting venues and the road and rail system. There is a worry that the games might cost the tax payers more money since it is expected that the current budget might not be sufficient to cater for all the requirements. Another challenge is the transport system which is below standard and there will be a need to improve it and expand it if the games are to go on smoothly (Briginshaw, 2006).Another challenge is the need to provide the venues and management committees with modern technology in order co ordinate the games effectively. Lastly is the problem of the Olympic legacy and how the various equipments and facilities will be put to use after the games. There are those who feel that most of the venues and assisting facilities in the Olympic village will be converted into schools and technical institutes for games development for the benefit of London youths.Furthermore, this is estimated to create over three thousand permanent jobs for the local people. Most importantly it is hoped that the Olympic Games will increase the level of sports participation in the U K including for those who are disabled (Rose, 2009). Bibliography B O A 2009, London 2012 Olympic Bid – An Eight Year Journey, Viewed 8 May 2009, . Briginshaw, D 2006, An Olympic Challenge, International Railway Journal, Viewed 8 May 2009, < http://74. 125. 113. 132/search?q=cache:zVQ6EWubIj8J:library. kmi. re. kr/BibAttfile/0000050180200607. pdf+challenge+of+london+as+an+olympic+venue&cd=19&hl=en&ct=clnk&gl=ke&client=firefox>. Constantine, S 2000, History of the Olympic Games, Seaburn Publishing, New York. Gibson, O & Booth, R 2009, Halfway to the opening ceremony, London 2012's progress report, Guardian, Viewed 8 May 2009, . Rose, E 2009, Disability Sports, London 2012, Viewed 8 May 8 2009, < http://www. london2012. com/>.

Saturday, November 9, 2019

Reservation Documentation

1. 1 Statement of the Problem We want all of our system releases to go to production seamlessly, without defects, where everyone is aware and informed of the outcomes and status. The general problem of the client is they need a computerized system that can reserve the room and resort that they want, for them to be easy to list the number of rooms that is available, this system will emphasize the difference of using the manual reservation and the computerized reservation.The Paradise tours is the company who needed this computerized system for reservation, It is important to fix this problem because if we will not focus in this robber, it will be hard for the Paradise tours staff to list the activities that they need to list, if our system could help their problem then they will not have hard time to reserve their customers room. 1. 1 The Current State of the Technology Apparently, the business establishment is currently using the traditional manual system of Reservation processing.Th at of which includes the facilities, amenities, pools, rooms of the said company. Considering that it is a large line of business that's Why they needed the computerized system for them to manage the reservation process in 1. 2 Objectives * To avoid manual and repetitive work Real time information of availability of rooms * Improving decision making * To provide a web site that can allow a user to search and reserve a hotel room or cancel his/her reservation over the internet anytime. * To record details of various activities of the user. 1. 3. General Objectives * If we're using Manual reservation, it may consume more time in listing the information for reservation. When using our system, it will be easier for the staff record and manipulate the information in reserving. * It will be clearer to see the availability of rooms, so you can know already if the room is available or not. Enhances your decision ability in choosing. * It will be easier for the customer to browse the differe nt information of different resorts and hotels and at the same time, if they changed their mind, they can cancel or change their reserving schedule. You can see the log activities of cancelled reservation, occupied rooms, etc. Managed by the user. 1. 3. 2 Specific Objectives 1 . To increase the security between the management and staff. And easily to save and retrieve files through computer. 2. To lessen time consume. In Just one click you can browse and you can see easily see the accommodation of each toll and restaurant and also the promo they give than the manual reservation, you need go to the hotel or resort to inquire to. 3. To spend less time in searching and retrieving of files.By using our database you can easily search, retrieve and also add anything you want in just one click than the manual step or reservation 4. To become make easier to find the availability rooms. You can easily browse and see the availability of each rooms and their accommodation, just you need to do is to their website than go to their place instantly. 1. 3. 3 Scope and Limitations This study is conducted to know the reason behind the represents on how will their purposed systems will help the Hotel Management. Hotel Reservation System is fully scalable and designed to provide extensive flexibility and varied choices.Typical hotel reservation and commerce hotel system software reclassification's currently in p lace and available today are technically designed to achieve only one objective function, which to connect BUYER TO SELLER. This study mainly focused on providing retailing business application using computerized system that enables businesses to track services and aims to provide accurate and reliable recess on every transaction especially in a hotel and resort reservation. This study looked into a better impact of using technology today on how it affects our daily lives especially for being the customer.With this studies it can help our beneficiaries to know the differe nces of using manual system to a computerized generation today, prioritize is to prove and to give them the right information. Limitation Hotel Reservation System is designed to manage all types of hotel bookings, made directly by guests . Lets powerful hotel reservation, marketing ; merchandising features give you the ability o control dynamic room or tour allotments, distribute confidential trade rates, provide varying rates and commissions, multiple seasons, distributing last minute rates, multi-currency including the Euro and so much more.The hotel reservation system will allow you to dynamically control most of your hotel reservation without the need for expensive web designer. The existing system only provides text-based interface, which is not as user-friendly as Graphical user Interface. The transactions are executed in off-line mode, hence on- line unless it is opened by the user. 1. 3. Methodology of study waterfall Model (OSDL) The system Development Life Cycle (OSDL) is a traditional methodology used to develop, maintain and replace or enhance information system.The main reason OSDL model is chosen because in OSDL it is possible to complete some activities in one phase in parallel with some activities of another phase. The life cycle can also be interactive that is phase are repeated as required until an acceptable system is found. Phase 1: Project identification and selection In this phase the project information system needs are identified and analyzed such identified the title of the project that is Web Based Computerized Hotel and Resort Reservation, scope and objective of the Computerized Hotel and Resort Reservation.Phase 2: Project Initiation and Planning During this phase the chart has been developed as a time line to determining the task involve in developing the Computerized Hotel and Resort Reservation. Phase 3: Analysis In the phase, the existing system is studies by collecting the information through the Internet and analyzed the infor mation to get alternatives for the use of proposed system. Phase 4: Design Logical design is the fourth phase in OSDL methodology. The functional features chosen for the proposed system in Analysis phase are described.Part of the logical design of information system is to devise the user interface. The interface plays an important role to connect the user with the system and is thus extremely important for the security of users. 1. 3. 5 Data Gathering Procedure and Output These are the procedure or tools for gathering our data in research used as basis for our conclusions or making our system. Some of our procedures are interviews, observations, research and analysis used by the proponents as they conduct the proposed study.Interview: we interview of some hotels and resort about their different accommodations and other important information the we need to know and what details we need to input into our systems and to have an idea about the reservation of a hotel or resort Observatio n: we observe different hotels and resort of how they operate their business, we also observe for us to know what is the advantage and limitations of manual reservation system through computerized reservation system. Research and analysis: also hotels and resort for getting important information we need.

Thursday, November 7, 2019

Country Profile of Brazil essays

Country Profile of Brazil essays Brazil's overall strength as a state is in question because of political corruption. There is a lot of inequality and high poverty rates that are hampering the nation. The state has been attempting to rid the country of corruption but it has proven difficult especially in the past decade. Brazil's government is tightly connected to its economy in several ways and their legislative and judiciary system are also extremely important. The most important issue is facing is the racial social and economic Brazil is the only Latin American nation that derives its language and culture from Portugal and currently has a population of around 200 million citizens. It first gained its independence in 1822 when the state peacefully broke its colonial ties it had previously held with Portugal. The state then transitioned into a monarchial system for several decades followed by a transition to a democratic system in 1889. However, this installment of democracy did not last long. Long periods of authoritarian rule along with military regimes took control of the government causing internal instability until the modern day Brazilian constitution was adopted in 1988 giving the country its first democracy in decades. There are also several important divisions in the country that are caused by race and ethnicity. Historically African-Brazilians have earned less income than other races living within Brazil. African-Brazilians also suffer from higher poverty rates and homicide rates. Also, the discrepancy in wealth between the Northern part of the country and the Southern part of the country is stunning. In 1985, the southeast accounted for 70% of the countries' industrial production and 58% of the countries' total GDP. This inequality is astounding because it means that the Northern part of the country is very poor unlike the economic booming south. According to the CIA World Factbook, the Per...

Tuesday, November 5, 2019

ACT Practice Tests How to Reflect and Get the Most Out of Them

ACT Practice Tests How to Reflect and Get the Most Out of Them SAT / ACT Prep Online Guides and Tips ACT practice tests can be a great tool in preparing yourself for the real exam. In order for these tests to be worth your time, however, you’ll need to learn to evaluate your mistakes effectively. In this article, I’ll show you the most productive ways to reflect on ACT practice tests so that you can use them to your best advantage. Time-Based Reflection Strategies for Practice Tests It’s crucial that you reflect on your mistakes on practice tests in order to learn from them and improve your scores.First off, regardless of your time constraints, you should always take ACT practice tests under realistic testing conditions.This means appropriate timing, access to materials, and environment (an inconveniently small desk is optional).Print out the practice test; don’t take it on your computer! The only way to be sure that your assessment of your mistakes is accurate is to replicate test day conditions as closely as possible. You may have more or less time to reflect on the results of practice tests, so I’ll give some advice based on how many hours you think you can devote to studying before the ACT. If You Have FewerThan 40 Hours: Students who have less time to study often benefit more from taking practice tests.First, take an initial practice test to get a baseline reading on your score level.After you score the test, you should review your mistakes to see where you have the most problems.If you really messed up on one section or on certain types of questions, you should think about how you can change your strategy to fix your mistakes. If you find yourself running out of time, you might decide to read passages differently (skim instead of reading closely) or make more of an effort to skip difficult questions that are slowing you down.If you see many careless mistakes, you may need to do the opposite and stop yourself from rushing too much and glossing over important aspects of questions.If you have small problems with content that are relatively easy to resolve, you can focus on learning those concepts. Since you don’t have a ton of time, don’t worry about large content gaps that might take a ton of practice to fix. Focus on the mistakes that you can resolve most efficiently.Try not to spend more than four hours on fixing your mistakes.After this, take an additional practice test to see where you stand, and do another basic evaluation of your mistakes. Then you should have time to take at least one more final practice test before the real ACT! Two otters, carefully evaluating their situation. On your practice tests, you OTTER do the same (wow I'm really sorry about this). If You Have 40 to 100 Hours: Just like in the previous plan, you should take an initial practice test, score the test, and mark off all of your wrong answers.With this amount of time, however, you can afford to be a little more specific.For each incorrect answer, you should figure out exactly why you got it wrong so you can make judgments about where you have the most problems on the test.Most mistakes will fall into one of four main categories: Careless Error A careless error is a mistake that makes you facepalm.It’s when you get a question wrong, but you should have easily known the correct answer.Most of the time, this happens because you were rushing too much and didn’t read the question carefully. Content Issue A content issue is when you are missing the basic knowledge that you need in order to answer a question.Most of the time, this happens in the math section if you don’t remember how to solve certain types of problems. When you’re labeling content issue questions, it’s helpful to be specific about what you’re missing.You might say something like â€Å"didn’t know how to calculate angle measurement† or â€Å"forgot formula.† Question Comprehension Issue This is a weird mistake category. It means that the wording of the question was confusing, and you couldn’t figure out what it was actually asking.Usually, these problems can be solved through greater familiarity with the test and reading more closely. This type of mistake is less common on the ACT than on the SAT because questions are asked in a more straightforward manner. Time Issues Mistakes due to time issues usually happen on questions at the end of a section.If you can’t make it to the last few questions and end up leaving them blank or answering randomly, you have problems with time.These types of mistakes can be fixed by modifying your test-taking strategy and getting used to moving more quickly through the sections. Time stops for no one. This image is pure existential dread. Once you’ve categorized all of your mistakes, you can list them in descending order from most common to least common so that you have a good sense of which areas need the most attention. Work towards fixing your mistakes beginning with the ones that you think will be easiest to eliminate. This is a good time to fill in gaps in your content knowledge that were causing you to miss questions.If you struggle with time pressure, you might reevaluate your testing strategy by reading passages a different way or making a point of skipping difficult questions on the first pass through a section. After you’ve spent about five to ten hours fixing your mistakes, you should take another practice test and see how you do.Go through the same process that you did with the first test with your mistakes, and do another round of evaluation and fixing problems.You can then take another practice test to see where you stand, and keep repeating this process until you’re at the level you want or you run out of study time. If you don’t seem to be improving from test to test, you should rethink your test-taking strategies and whether you’re really understanding your mistakes.You may need to get help from a tutor or prep program to get to the bottom of what you’re missing. Practice Testing Strategies for High and Low Scorers Now I’ll give more specific advice on the best ways to approach practice tests for high and low scorers.You’re a high scorer if you’re scoring a 27 or higher consistently, and you’re a low scorer if you’re scoring a 20 or lower consistently. If you're in between those two scores, you can read the advice for both categories and decide which strategies might be most helpful to you based on the types of mistakes you struggle with the most. For example, if careless mistakes make up a big chunk of your incorrect answers, the high scorer advice might be more helpful to you. If time is more of an issue, the low scorer advice may be more relevant to your situation. For High Scorers: Most of the time, high scorers have more problems with careless mistakes on easy questions than anything else.With that in mind, it’s important for you to always double check your work at the end of each section if you have time left.This will prevent you from losing points as a result ofmisreading questions or solving for the wrong value.On math questions, sometimes it’s helpful to underline or circle the value that you need to find so that you don’t lose track of your goal in the midst of the calculations. When you come across a difficult question, make sure that you fully understand what it’s asking. Don’t rush through it!Rushing too much can lead you to perform worse overall than you would have if you slowed down a bit and answered more deliberately (even if you don't get to every questiondue to time pressure).This is why it’s sometimes a good idea to answer all the easy questions first and then go back for the more difficult ones.You’ll feel less time pressure on hard questions and able to think clearly. For Low Scorers: If you’re a low scorer, skipping difficult questions is one of the most important test-taking strategies for you.Many low scorers suffer from issues with time pressure because they get stuck on questions that give them trouble. You can avoid this by taking one pass through each section initially where you focus solely on easy questions and ignore any that confuse you. On the Reading and Science sections, you will need to look at the questions in groups because they correspond to different passages. For each set of questions, skim the passage first and then answer the relevant questions that come easily to you. If you find yourself spending more than 30 seconds on one question, move on. After you do this, you can allow yourself to spend more time on difficult questions since you’ve already locked down the questions that are a sure bet.With this strategy, you won’t be missing questions at the end of sections that should have been easy for you.You also won’t waste too many valuable minutes of your time on questions that you can’t figure out. Whether you’re a high or low scorer, it’s often helpful to treat the test like a game or a race where you’re trying to score as many points as possible as quickly as you can.This will make the whole experience feel less boring and pointless (pun intended). You might find that when you introduce this element of competition, you’re more energized and can answer questions more efficiently. The ACT is just like this except it has words and there's no physical activity involved! Conclusion It's important that you take the time to go over your mistakes on ACT practice tests so that you can figure out which types of errors are causing you to lose the most points. If you're aware of your mistakes, you will have the power to prevent yourself from repeating them in the future. Depending on how much time you have, you might be more or less meticulous in this process. Even if you only have a little bit of time before the test, you can still take one or two practice tests and fix your more superficial mistakes. Even small changes to your strategy can make a big difference in your scores! High and low scorers tend to make different types of mistakes on the ACT, so there are certain test-taking strategies that are more applicable to students who fit into each of these categories. Most people will struggle at least a little with time. Make sure you're not rushing or spending too much time on difficult questions before you get through the whole section. Learning how to reflect on your practice tests effectively is a crucial aspect of studying for the ACT. Taking an honest and thorough survey of your mistakes is the best way to reach your score goals on the real test. What's Next? Not sure how to formulate an effective study plan? Learn more abouthow long you should study for the ACT in order to reach your score goal. Is online studying more your style? Here are the best ACT prep websites you should be using.Don't forget to supplement with printed practice tests! If you're interested in using books to help direct your studying, read our 2015 guide to the best ACT prep books. Disappointed with your ACT scores? Want to improve your ACT score by 4+ points? Download our free guide to the top 5 strategies you need in your prep to improve your ACT score dramatically. Have friends who also need help with test prep? 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